The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-02

1 that within five years the gold output
| OF Utah will eclipse its former phenom-
! email annual output of silver
| There is great use for capital here
! Intellectually employed What has
! been said refers principally to gold,
| silver and copper mining, but the coal,
silica, sulphur, asphaltum, iron, mar
/ bic, onyx, salt, building stone and val
liable clay deposits have a wonderful
/ store of wealth awaiting action. Be
! sides there are wonderful possibilities
! in cattle raising and agricultural pur-
| suits.
In reference to this city, Judge Col
/ burn refers to her eighty miles of
street railroads; the assessed value of
the property, $35 900, 600; the death rate
of S91 per thousand; the tax of % mills
and many other points at issue. The
| public school system; splendid churches
/ and especially the buildings of the
Mormon church are somewhat extern
sively commented upon. The fact that
! here are the headquarters of the Rio
| Grande Western and Union Pacific
roads is mentioned and the natural
gas feature is made a subject of special
reference The many hot springs are
made a subject for dilation and the
| sunshine of 267 days per year is a fact
called into prominence.
Concluding as to the many advan-
tages possessed by the city, the writer
says:
There are a hundred miles of streets
! in Salt Lake. 1872 feet wide, many of
which are paved with Utah asphaltum,
and all lined with brooks fed by noun
tain water and EMPOWERED in foliage,
The beauty of the situation and en-
vironment entities Salt Lake City to it's
reputation of being one of the most at
tractive cities in the world. 1t has a
! 81, 900 coo city building; it's architecture
| is modern, it is equipped with every
advantage found in representative
cities; it is we'll governed, and its peo-
pie are of that sturdy and progressive
class which know no such word as fail
in the business of increasing it's popu-
lation and expanding its trade. There
will be no interruption in its progress.
1t is Just entering the gateway of in
creased prosperity, which has come TO
every state when first attired in the
garments of sovereignty 1 confidently
predict that its population will swell to
| 100 900 before the close of the century
end that it's well-situated real estate
will be increased in value proportion
atelv-
AS a place for investment Judge Col
born contends this city offers advan-
tages at once apparent to the conser-
valtive mind 1t is much easier to tell
why the city will expand than to Of
fer a single reason why it will con-
tract Money invested here will null
tiply very rapidly. He commends to
the real estate investor the advan-
tages of putting some money in right
! now. From a rental standpoint il
will bring in a safe income. There
are two results in realty investments
rental returns and advance in prices
incident to an increase in population.
The former is limited. the latter I'M
limited.
AS concerns statehood the writer de-
clares that admission to the Union is
always followed by a phenomenal de-
velopment of all resources. He be-
Iieves this will be the case here. In
territories there are three reasons why
capital is chary Of entering and in
vesting. The national law prohibits
all aliens from entering and acquiring
title to property to real estate and pro-