The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1901-03-22
FRIDAY. MARCH II, 1901
OUR city fathers must have NOR

oUN city fathers must nave more
revenue to run the city of Whining
ton with, For that reason 1t is es-
sential that the Adams tax law
should be upheld by the courts and
the liquor license bill which passed
at the last session Of the Legisla-
ture. The last named bill now
awaits the signature of the Cover
nor which it will receive if the At.
torney General says the word. The
city must receive some revenue out
sideot taxes on property. The real
estate OF this city cannot stand a
thing more in the way OF taxes. A
high tax rate has tendency to
stop building. At the present time
there are not nearly enough small
houses in this city to meet the de-
mand. Our builders never had
better opportunity than the present
to build, but they do not care TO
keep their houses any longer than
they can help as 1t is only by sell
ing what they build, they can put
up other houses. 1t was never so
hard to sell houses to men OF me ans
as investments. They want some
thing that will give them no trouble
and where they can collect their
interest in a lump sum. 1t the tax
rate could be even lowered it would
give our real estate such boom
as has not been witnessed in Will
mington foryears. Few of the vii.
mlngton builders have made any
money in the past few years, and
lots OF building means plenty of
work for mechanics in all branches
OF the building trades. AS many
houses are needed, they should by
all means be built. AS 1t is, nun.
erous families will have to rent
rooms or else erect tents to live in.
The Court is expected to pass
upon the controversy over the NUM-
cipal Judgeship by next Monday.
Never before has there been so
much contention as at the present
time over the positions created BY
the Legislature and appointments
made under acts passed by the
same body. Even the State Detec-
tlves think they have good grounds
for making a contest as to the time
their terms OF office expire. Then
the two new Levy Courtmen don
yet know where they are at. and
through their attorney, William S.
Hilles. are trying TO find out their
legal status in the Court. Now
that the two new Election Commits
sloners have been named, we look
for kick from that body. The
Courts will be kept busy straight
snlng oct the different tangIcs.
PERSONS having money 10 invest
could not do better or get a safer
investment than by purchasing
Market street properties at the
present panic prices. There are
dozen ormore properties IRON Third
street down to Water on Market,
that can be purchased at a song.
considering that they are on the
principal business street. They
VIII never sell so cheap again, Mar
ket street property, in the next five
years Is Eound 10 advance 10 price
At any rate it can t depreciate any
more than it has at present.
EVERY bank and Trust Company
In the city OF Wilmington are max
ing money. Ever financial insti-
tuition in this State is in a flourish.
ing condition aud earning tar divi-
bends Tor their stock holders. The
two Trust Companies have more
than doubled their business IN the
last live years and are cramped for
room. Their stock commands a
good price on the market with none
in sight for sale Wilmington is
growing and bids tar to grow las
ter during the next five or ten years.
All the city needs no~ IS company
to guarantee tltIes 10 real estate.
The New Castle trolley road has
been success from the first There
was howl when the road WIS
hrst proposed, that If would not
pay Tor years, if It ever paid. That
howl has been disRroyed and the
road has been earning money from
the first week it ran. Yesterday
at the stockholders meeting held
in this city. the capita! stock was
Increased from $50, 900 to Sis. 600,
pronorti,n in ,hc ,mnnnt ~ a,n,t,
thew hold in ,ne rownonr
-
Gov. HUM wIllissuc a prorlarna.
lion offering $500 reward for the ar
rest and conviction Of the murdcrcre