The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-03-28
The Real Estate Men.

I Minneapolis real estate men are show
! ing, of late, commendable activity and
! zeal in cooperating for the advance
.ests. They are putting vim into their
individual and common efforts that recalls
the days of the city's greatest growth. : ..
j. In casting around for somebody, to do
that hard work for the common, cause of
the citys growth that was so eagerly TAX
(, en- on by Minneapolis pushers in the
Eighties. but has been so greatly Stunned
of later years, the real estate board seems
to be the association best adapted to the
work. The Commercial Club is doing
some Of this work, but Of necessity it is
not fitted for the whole Of it. More atten-
tion should be paid to the work Of in
ducing new enterprises to establish them
selves here. This used to be the function
of the Business Mems Union, long since
defunct. We would not suggest any I'M
dertakng in this direction that would be
lacking in promise of endurance. At one
time we thought more in Minneapolis Of
adding new enterprise than Of it's
probable lease of life. Factories were en-
couraged to locate here; and after brief
existence they died. There was no call
for them, they Were improperly located
here at all, or they did not have some of
the other elements of success. Neither do
we care much for new industries that de-
mand bonuses as the cost of preferring
minneapolis. There is no. doubt that this
is the best location in the United States
for many kinds Of manufactures. A
strong presentation of the, facts by the
right sort of an agency will bring them
here. a .,,-1 49,
The real estate men, through their or
ganizaton and individuality, can effect
lively call attention to the solid though ur-
pretentious industrial growth Of Mime
apolis during the last few years. In
dustry after industry has been started
here with little or no publicity, and old es-
Establishments have expanded their ca
pacity and output to a. surprising de-
gree. The citizens of the city, to say
nothing of outsiders do not appreciate how
much has been accomplished here of
recent years in the way Of adding to the
city's industries. BY effectively direct
ing the attention of moneyed men, both
at home and abroad, to these evidences of
present solidity and promises of growth
more life can be injected into Minneapolis
real estate. We do not mean that efforts
should be made to encourage more specu-
1ation, for that too often leads to a boom
and a collapse. But nothing should be
left undone by the real estate men to at
tract to the city the attention of men
looking for safe investments. Of course,
every real estate man is doing that sort of
work more or less all the time; it is his
business. But there are some things in
this line that organization can do where
individual effort would fall. We are
rather hesitant about saying anything
which can be construed as advice, to men
who know so much more about these mat
tiers than we do, but we merely desire ia
emphasize the suggestion that the real
estate board is the body the public Is be-
ginning to look to to do a. certain public
work long neglected here, and to give 1t as
our judgment that that body is in a po-
sitfon to perform the required function
better than any other. =, -., -, --.s. .,...