The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-30

from the OLD into the new century
proud of the history of her past
and confident Of greatness in the fu-
lure. The closing century was half
srart when this city was born and so
hard we're the circumstances surround
ing that birth that it is only in the last
decade the currents of modern progress
have really conferred within her walls.
Bur now in the 1uli VigOr of her youth
there are but Few if any cities on the
WESTERN half of the American cOnJln-
enl mat enter the new century with
br-a,er prospects of future greatness.
mat salt Lake viii ultimately be-
come a great center OF wealth, ON
uerce. education and political n re-
UgL0us influence a been made more
manifest during the year now drawing
10 q close than ever before in her his
tory. The building here Of great
schools and churches, the concentration
of the wealth of the great mines OF
TraH and some of the surrounding
states. the building of fine homes by
those who have grown rich in the com
muuity. The rapid increase in all e
of legitimate business and the incOm-
inE IF new railroads from different Gil
rections TO put the city into more dl-
rect communication with h entire
outside wOTld-au these are factors that
have been laying the foundation of a
great commercial and intellectual
center. These forces have all been &C
lively at work in the year just closing
as never before, and his fills the heart
Of every resident with confidence and
courage.
AN EDUCATIONAL CENTER
The most notable event of the year
in the realm of education vas the fine
gift of $4,000 from JOhn Q. Packard
for a public library building. This gift
Includes a splendid lot on State street
that was purchased for the purpose by
Nr. Packard at a cost Of $4,000, and
1000 10 be used IN putting up a build
ing. The library building VIII no doubt
be erected early in the coming year,
and with this fine start it is confidently
expected that other wealthy men who
have the good Of the community at
heart viii contribute q good working
library and endOW the institution so
that salt Lake viii in his respect, as
iii others. take her place in the front
rank of cities of this size. The public
library is treated in this article as an
educational institution which indeed it
A~nother-eyent of much Importance in
the local educational world was the
completion on the east bench of three
substantial buildings for the university
of Titan and the transfer of that InStl-
tuition 10 its splendid new site. The
three buildings just built are looked
upon by the people of the state as the
nucleus OF a great educational institu-
riun 10 be erected overlooking the city
i'm the years that Ire just ahead
The erection during n year Of a
new 100000 school building just 'front.'
ing the temple for the Latter-day
Saints Business college was another
item worthy of note. Added to all this
is the act that the common schools
of the city kept fully abreast of the
times during the year, and here as
elsewhere are looked upon as the bull
waTk of Il e liberties Of the people.
Taken as , whole the city. with its
vigorous young colleges, its splendid
public library now fully established,
and its ~uIexcelled common school sys-
tenn, has naturally become the intel
T..tuaI enter for a vast extent of
r@rIjLuTy-Jhe magnet that Is drawing
the young seekers after knowledge
from far and near. Another factor in
The growth along intellectual lines II
the people of this community is to be
-runt in the newspapers. Il Is a con
ge-lai fact that there is no other city
rr the same size in h United states
that has papers to compare in excel
lanee and enterprise with those OF Salt
Lake City
BUSINESS LIFE.
Tu every estimate of the Importance
o 81 community. business is n of the
first matters - be cOusid N~o@ by prac-
AA -a-A" A-skI-N .N@E- A&N-@@
Was never ln better condition to stand
Inspection than at the present time.
t-E fifteen banks as sound as any 10
. found in the nation, having COM
.--l deposits of 500 900, 600. and q SUI
#. mt capital 10 transact Al enormous
BUSINESS with a constant stream Of
H-E coming into the city and much
". H. being invested here by the men
who are taking il from the mines in
ILLS and the adjoining states, with en-
.El~'uE young business men and cap
Isis ready at all times to put their
and their cash into any legitl-
..." Enterprise that ends toward the
"...E.t|ug Of the city and the state;
- energetic merchants in all ines Of
...- EHo keep abreast of the lines in
alters pertaining To their lines OF
.r-.E- with a jobDing trade that is
ming uut as never before to draw
.1tiUE territory INTO the salt Lake
--al this tells d story that cannot
lib have ITS effect upon . from
. outside who are seeking homes in
- west.
g. notable fact thu during the
past there has not been d failure
. business circles Of Salt Lake that
.-.. SO much as d ripple on the sur
The CoUservatiVism of bank
-- Institutions of the city is well
and il is gratifying TO be able
State that the business of the other
"H.ant business n financial inStl-
CONS IS Conducted on the same safe
-- The banks OF the city have grown
1-ar and their influence has widen
.- Turing The past year. and never We're
...a- bankers in position To handle
.r-- a business as at the present
never before were the mercantile
buttons of the city on a hrmer
.-- uur their stocks quoted higher IN
market. never had the Salt Lake
---S SO firm a grip on the wholesale
~.EasS of the territory hat naturally
within the sphere of the infiu-
--.- II this city. I'VE before did the
EaI merchants OF the city do a more
satisfactory business The fat hat
he aauk deposits increased $3.GC0. 900
Curing the past year. that the j0bbing
..-~-ss increased over s., 500, 00G, and
..ar the merchants in all lines are car
-s-E- larger stocks and tT~ansacting a
---.a -arEeT business than ever before
SINCE the city was founded is the best
-'EE that can be pronounced on salt
lake as a business center.
a HOME CITY.
The fact hat Salt Lake is growing