Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-05-06
ACKNOWLEDGEMENTS


,ldercd that this has been n country Of
big movements In land. that It Ia the
birthplace Of the word boom" the
rlgnifcance OF the statement can best
he appreciated. There has been much
Saik OF the prosperity that was to come
along the various avenues Of trade.
and IN land something has happened.
The man who has followed Lncoln's
advice and kept his ear 10 the ground
has found out that the people are real
y moving.
Mr. Flower IL a taciturn man. devoted
10 sharp cxpictivcs and facts. lie Is not
IN the real estate business. although
shc owner Of n good deal OF ~ but
among all the men who help bear the
great burden OF finance In this country
therc arc few whose opinions carry moro
weight ON the basis Of common sense
than this same Ex-Governor Flower.
when he told mo what waS Eoing 70
happen, and that tho nrrt sign Of u
we're already. aa clear o. iiclshazxar'H
vision. u seemed to me u was worth In
NeetisailnK. talked with large mum.
her Of the very bcst-postcd men, ana
communicated with various others ~
different sections ~ the country. and
the unanimity OF opinion that MI.
Flower was right was - complete ~
10 b. almost startling. II was Interest.
Ing TO note how most 81 them avoided
using the word boom"
4lloom," they said. us a miHnofncr,
because II gives an idea OF Imitation
and false values. This movement that
u coming II going to be ~ solid NJ the
rock u Gibraltar. u u a sort of peht-
w Niagara at present. kept III check
for a long time by war Issues ana tho
rvsultant nervous feeling"
Perhaps the most interesting thing IN
connection with this movement that
was discovered wha what IL being done
By tho small investors with their
money. II has been bruited far and
wide that the great combinations q
capital. or trusts. with the news 90
which the papers have been nlled lately.
have absorbed all tho small amounts OF
cash outside the savings banks. II now
develops, however. that only q minor
portion Of this sort OF capital has been
absorbed By tho trust stocks. and that
the rest Of Il has gone into ground.
Ex-aov. FLOWER ENTHUSIASTIC.
you can put II down" said Mr.
Flower. that the next year il going To
see the biscEst Increase In land values
VI which thlh country has ever known.
And understand this. too. II viii not be
because somsbody wants 10 sell real
estate. II u a rather large Incident In
tho forward movement that VIII marx
ginning % the next. Personally do not
deal In t,al estate. except a. tho cxi-
rcncics Of business occasionally de-
mand, and - you can seq that under
ordinary circumstances ! would not be-
ap, TO know very much about real -.
tate values. hut conviction OF the fact
that have stated has been forc.d up
on me. II Il something that IN going 20
happen. and there Il nothing that VIII
prevent u. We see the Effects OF II
TlEht here on Manhattan Island now,
and from all over the country word
comes that the same thing II felt In all
T.ctions. Put your finger on the rock
bottom fact that values In this coun-
try are booked for.an Increase and an
inefe.se mat IL stable. We have had
our mn Of wildcat hoomH ana pnpHr
cities. and now We arr EoinF 70 have
tho Huhatanilaia, We have eaton soup
long enonsh. That II the beginning ana
end Of tia permanent Increase IN
values"
Judge ". ". dary, president o. the
rsdrfal Steel company, who withln IN"
last foN months has Travelled through
the country very extensively salii
within the next two years, ! look Tot
the most extraordinary appreciation
~ real estate values this country has
ever Witnessed. ! do not care where
man goes today-North. Houih. East 90
Wcr,-evsryvherc he Will see evidences
OF the prosperity that has led up 10 THIS.
Ihe very atmosphere indicates II. Ia q
recent trip through tho South l wa
m0ru than surprised AZ the activity
there Apparent 1 found tho fiaflcr
properties. the railroads ana hotels.
taxed TO IN. utmost; tho Increase IN
travel 10 that section has been phcnoln-
email and. In order 10 got hotel accom-
modationA. u ID now necessary 70 wife
i've, slx and seven days nhrad. The
Southern people say their prospects
never seemed 80 good.
GOVERNING the trade Of this country
today are underlying conditions such
a. have been witnessed In no previous
period. No matter where you go, whoth.
er 10 q railroad ofiioe. a factory, work.
shop or to a retail store, You arr bound
IN notice activity beyond even the most
nlnEuine expectations Of a year age
This IL aa true OF Chicago an of New
York.
The United States will reach out
more and more Into the markets on tho
world, The result Of the spanish war.
Notwithstanding some OF tho unfoftu-
nate circumstances attending its opera
has made Iurbpean nations rosl'e.t ~.
and from respect 10 confidence u but
step. Fields that have never before
been cultivated viii be opened up 20 our
Products. our horizon u rapidly broad
sning. Never bcforr have our canital-
iris been In a position TO loan their
FUNDS 10 European borrowers, Tho
foreign Investor II coming 20 this coun-
try, and his capital will aid In the de-
Nelopment OF our resources. With our
credit balances abroad, With tho
steadily advancing yoluiue or our cN-
iort trade. II ~ no Idle boast 10 claim
that the United States u Ia a position
whore she can and Will control the "
nancea OF the world"
REAL ESTATE INVESTMENTS.
George II. Read Is a man who IN
known In the real estate world from
Maine to California. ~ believe, no
said, that the market will he health
ief and more active during the next Two
years than Il has been IN the past ten.
II II extraordinary 20 note TIE amount
Of money being put into RAJ estate
made up OF the proceeds OF TIM salaa Of
stocks and bonds. Don't make the m's-
take u thinking that II In the big cap
itailsin who arc making these Invest.
msntH. II " the man Who owns q
iitth money and who II hhrewd enough
10 Heo tho hlg Increase IN values mat u
already tAainf place. The small cani-
tnllatF arr ro' inveatinR nH rule, N
trust stocks. In fpite Of the statement
20 that effect you see 20 widely CIR.
eulated. while a certain amount or
floating capital II being utilized FOR
such PURPOSES. there has not been