The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-10-21

" lcnlta are thereby adding to its impor-
lance?
Fortified by dear experience against
any and all possible real estate specula-
tive crazes, and in spite of all her enc
mics, corporate and municipal combined.
and over and above all the big things
now in sight, which are soon to be hers,
wichita, within and of herself, within
ana OF her already conceded prestige.
within and OF her location with refer
ence to the trade of South Kansas and
Oklahoma, within and of the capital
now probably employed by her wholesaI-
ing. jobbing, packing. retailing, banking
and industrial interests, is as sure of
being the principal city of interior Kansas
the greatest commercial metropolis be-
tween the Missouri river and the Rocky
mountains as that the sun snail continue
to shine, rains fall and grass and corn
grow.
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Sell it?" said the New York man |
Certainly no. There is no doubt about |
Wichita making a city, and that invest
nent stands The way 10 make money |
: as John Jacob Astor made it-get in |
.arfy. buy and hold. I hold"
A Kentucky estate owns piece Of !
property in this city which people have |
ried repeatedly TO buy and without sue |
,ess. It is not for sale at any price. |
The owners were long ago convinced that |
Wichita was 70 make large city and are |
holding.
When the hard times were pinching |
heir sharpest the eastern property own /!
n had a calmer, wider view Of things. !
He had invested originally in Wichita |
n the belief that the west must as a /
natural matter Of course and develop /
nent. achieve a great population, and |
hat the population would necessitate |
md provide for itself great centers. |
Wichita, he believed. would be one Of |
hem. Living in the far east. whose /
conservatism is not greatly rufled by /
periodical hard times. he could under
stand that the squeeze through which /
he whole west was passing was at best /
'nly ephemeral: that it would pass and /
would be succeeded by a recovery. and /
hat as the waves roll IN from rising /
ide the next wave would be the larger. |
Ie did not have his nose up against the |
,rindstone. Existence was not a prob /
en- 10 him: the unhappiness of the con-
friction was too far away 10 look cal /
mitious. He simply understood that /
Kansas and Wichita would come again
md he could afford 70 wait
Thousands Of them have waited Their
holdings gave a tone to
he market when the realty most needed |
[. The real estate men Of Wichita at
me time roared on the Eagle talking
,ooruish about Wichita because il made
he eastern fellows hold on Ike grim
Ioath and prevented many sales. II was
blessing 70 the city that the eastern fei-
ow did hold on.
As the signs show. Wichita realty Is
destined in the near future 81 decid-
d lif;.
This is on account. ~ the dw.ndling
way of he holdings Of the mortgage
'mpanies. In closing up their business
hese mortgage companies for years. in
umping properties on the Wichita mar
.et have heen distinctly on the bear
ide. Being ready and anxious 70 IN
Dad. other realty suffered in consequence
nd the increased price which came
teadily. came in spite OF a food q
snaps" on he market
During the last three months this fac
- has been disappearing 10 such de-
rec that marked advances in every por-
ten OF the city are shown.
The near future promises with this
ear factor removed, a greater increase
g the price az sn realty The rapid
Towth Of the city. as It Is seen today.
he disappearance OF the clearance opera
on. the wonderful local demand for
Wichita property. added q the non-resi-
cnt brigade which has held nE cbsti-
ateIy becsrse Il could afford 10 hold.
leans for the market normal tone.
rch as II has never possessed before ex-
eot just previous 70 the boom ~ 1855.
here has never been. consequently. 50
xceIlent neney-makinE appo-tlnity e.
his city IS there i now. The earlier
,uver assured % the bigger gains
The evoiudou ia purchased real estate
. wichita in the lase Two years has been
,rselv matter ~ WIchita 0eop's COM
~ INTO possession - wichita realty tn
riding the thousands who have moved =
I'm, other points TIE 'Sf : homes
ss=inr into the hands - Wichita people
1l-7be-s FAR inta shs thousands ard late
nn6reds IS true ~ the business blocks