The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1903-10-02


probability of which is not assured
now.
That there is SO much money in this
state for Investment is a condition
that everyone must admit is happy,
but it is not the boom town, or the
town solely on paper, that should Lc
chosen for Investments in reality with
the expectation Of profit, or even
maintenance at parity. The real
town, or city, one that is in actual
existence and has firm foundation, is
the one that commends itself to the
safe, careful, jHdicious investor. He
recognizes the fact, in such places,
there is something b>hind his invest
.ment, which will not OILY hold it al
Its present value but will also enhance
1t as the years roll by, and the adj
yancement coordinate with it's growth
takes place. To him occurs the prop
osition, and strictly business,like it is,
that there is far greater probability
of building to that which is already
built than there is Of building to that
which is not, and with only vaguGst
outlook for naturalization Of the
slightest sort, and especially not Of
the sort that justities the abnormal
prices which usually prevail at boom
town lot sales, held under Clrcum.
stances, not particularly conducive to
the exercise Of reason and Judgment.
Onthe other hand, he calculates with a
nicely and figures it out with de.
gree Of confidence that his money put
in property, either already improved
jr in close touch with the improved,
is an investment which, by sheer
force of circumstances, ifnothlng else,
must brlnr him quick and substantial
returns. Again, when no comes to
examine prices, he finds he can pur..
chase realty In an improved sec,i of
country, or adjacent to a lively, bas
city, for the same or less than Il,
would have to pay for lots in some hi,
teld barren OF ali development. Thai
is another reason safe business man
like this, buys, not in The wiIdS arG
unsettled places, but in or near
town or city, with spmcthi,g alrt l..
back Of ii as a support, and wi Ii
future that will bring il greatness
Local application may be made on
this subject with much propriety al
this time, There is some disposition,
1ut the Telegram is glad to say IT has
manifested itself only to a slight de.
gree, to invest In these will o. the
wiSps, known as boom town lots. The
man with an appreciation Of the pres
ent stability and frmness of the city
of Clarksburg along commercial and
industrial lines is not one Of the few
who are being led away by the false
beacon to the boom town, that may be
and yet probably never will be. He
has better conception Of the city as
it is at present and It's possibilities to
fall victim to any thing of that sort.
1t is he who is investing in real estate
In and around Clarksburg, where
there can be no panics, where there
will be no decentralization Of prices, no
steps backward. 1t is he who acts
wisely and makes investments which
will grow in value and make him
profit, the great extent of which can
scarcely be imagined at present.
II all would do likewise instead of
taking their money to foreign lands,
sit were, aud throwing it to the
winds and on the desert sand, Clarks
burg would soon be on the highway to
a greatness that would make it second
touone in the state.
The same principle applies to other
cities in this state, which have sure
foundations and unquestioned pros
poets. II they but act along this line
they viii soon find that they have
done wisely.