The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-03-19

Optimism was marked at the tenth an i
nual banquet Of the Minneapolis Real Els
tate Board at the Minneapolis Club last
night. The invitations and presentation
cards were elabora tely engraved The .
menu cards and the dinner savored of
prosperity, present and to come The ad
dresses We're full 2of optimism. The
speeches were made entirely by lay men.
Not a real estate man made speech but
the members of the fraternity Endorsed
with enthusiastic applause the sentiments.
and telling points made by the speakers.
The optimism manifested was of a
serious sort too, except Where lighteneds
by the badinage between w. H. Eustis and
John Lind. table neighbors, for not
speaker told a story or illustrated face
tiously a point until the last of the list,
Rev. DR. l.. Fl. Hallock, was reached. Or.
Hallock relieved the seriousness just at
the proper time by a combination of happy
and heart searching remarks on Good
citizenship - showing that the real basis
Of preceding addresses had been good citi
zenship. The other speakers were Con-
gresham john Lind W.. A.. Harris, J. T.
Wyman, II. ". Jones and J. r. Thorpe Of
Denver. who closed with an informal talk
on the Denver, situation u st., ~. II ss=z3.
Cause for siowness. d.
Lester B. Elwood, president Of the
board. introduced William Henry Eustis,
toastmastef!! 2 Mr. Eustis- told Of land con-
ditfons in Honolulu, whence he. has just
returned. In closing he summed: up the
cause for any slowness in the Minneap-
oils market as low Qrents:" Said he:
Until Minneapolis property can be made
to return a greater. profit than !: and 3
per cent, capital will mot be inXested in
Minneapolis real estate. You agents are
afraid to raise the rents and there you
are. This gentlemen, is the whole
trouble ,>.t
John Lind spoke on 1.-THE Country Makes
the City He impressed seriously upon
the real estate. men their responsibility to
the city. The. fact that for location no
other city in the land has better potential
possibilities as a gateway was strongly
emphasized by statistics. The city's pos
sibilities as the gateway to a great coun-
try were forcitoly told by the speaker. The
competition of Duluth as dangerous rival
was suggested. t'<'s4 r. ~.
A 1Merchant's View.
w. L. Harris on 1.-The Merchants View
of Real Estate" delivered a carefully pre-
pared address which was greeted with
long continued, applause. He began by
giving first public acknowledgement of his
thanks to a real estate man who had If
teen years ago induced him to locate in
Minneapolis and enter upon a. successful
business career. The graceful acknowl-
Judgement was made to Frank G. Nickels,
who was present. MI. Harris had con
densed views in such concise form that
| the speech was considered one of the most
| effective lay addresses on the general sub
| ject that the8board had listened to- Mr..
Harris introduced his talk with the follow
ing outline Of the resources and obliga-
tons Of the city in. addition to that of be-
ing a spotless town - III
| e.. @Ss@. , RESOURCES : - =.
Salubrious climate,
Rich tributary territory. 5.@'Is - a.H$ -
| Enterprising merchants, manufacturers, bank
! ers and professional men. 30. +. =.
1ndqst5S ~ and moral laborins class
c e%msPeisl s cla5 SRise5s members,
Satisfactory n1ortalltY rate Z ~
I Fine street railway ~ Stem. fhsf 'rs.-. ~ q
Adequate: TRANSPORTATION facilities Z,
| An enterprising and loyal press fs.IFs@
| Abundant financial facilities 4%s,@ :
oopssrEstiye labor leaders. :, ., q,
| A clean city government. ~ 7
! AN art commission, a:tit.a~. !
| A magnificent public library.
A system Of parks unrivaled In extent an,
Up-to date hospitals and effective charitabl
- ~ DELEGATIONS ~.
1 =. Convention hall. -, :. +. ~sG.,s - ~
Il New charter, defining and locating responsible
ty Of officials and embodytng thorough going cEyj
service provisions and guaranteeing clean street
and back yards, pure water and generous pawn
extensions. with independence Of municipal ac
ton, as against present Awkward legislativ
necessities. - e. { ~ 5s:.. $,szh:9A ~,
More practical schools.
| Lower insurance rates. 80, -.
! More work; less talk. .ess+ s2.lt 81 t.1 II
Less mach nery and more steam.
-. !: ;;~.~ No Lack, of. Energy, It, ID t.@
Mr. Harris asserted: that the story tina
the old energetic spirit Of the city ha
died was false, that it was still presen
and lacked only direction: He. said TIL
in closing: i=:> ~!
:tsThere is as much old time Minneapoli
spirit here as ever. but it needs crystafiz
ing; it needs directing; it needs heac
a vita1izing force. The basis of the oil