The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-15


experts say the plan is not only feas-
ible. but is unusually advantageous as
a safe and conservative investment.
The estimate, based upon the advice
of men well-posted in the hotel bust
ness, is hat after the second or third
year the Investment should not only
pay the interest upon. the loan, but
should provide for payments upon the
stock.
as it is proposed to build will be a
profitable venture from the day it opens
its adoors. The present hotel accommo-
dat7ons of Minneapolis are inadequate.
Such hotels as there are now are con-
:tinually crowded to their capacity, and
rooming houses, the upper stories of
business blocks are being fitted up up to
would be no need for the travelling men
to exert their influence in the direc-
ton Of securing patronage for there is
room in Minneapolis for two, if not
more, such hotels as is proposed.
There is a sentimental aspect to the
proposition, too, that Is appealing. In
providing their city With a e%ommodious
will be comforting a practical benefit
upon not only the city and the public
generally, but one which will be a fac
tor in fostering commercial conditions.
Such a hotel located conveniently near
the wholesale district. or in the very
heart of it, rather, including a hall
for meetings Of trade associations, and
rooms arranged with a view to the ac-
commodation of the customers of the
jobbing and. wholesale trade, will exert
an influence in attracting to Minneapo-
lis the merchants of the northwest to
buy their goods. ~.
OF course the enterprise must be
Of fro,n a ,1,ro1x, I,o,oo,o c+o~l
point. The U. c. T. as an organization
cannot be associated with it. The hotel
should be located. built and managed
without allowing personal or fraternal
considerations to influence Judgment.
AS stated, there is need for early ac-
tion on the part of the commercial
travellers, as to whether they will take
stock and in what amounts. and all
who are interested should communicate
as early as possible with either H. K.
Richardson, vice-president of the
Grimsrud Shoe company, or A.. w.
Crozier, secretary Of Minneapolis Coun-
ell No. 63.
The proposed formation of the build
Ing and loan association will confer
another benefit that should not be over
looked. 1t will serve as an inspiration
for many a careless travelling man to
save his money. The, proposition has
been very. c~onservatively stated. It's
That the dly1dends with i1s ten e1n1 Years
will repay each investment besides in
terest, and that stock will command a
high premiunL. A meeting Of travelling
. men is to be held at an early date, and
present details studied out by building
and loan authorities.
The latest phase of the agitation for
a fiat tWo-cent-a-mile book is that
the three northern roads, the Great
Northern, Northern Pacific and the
500. are likely to adopt a 5,OO0-n,ile
The interchangeable excess baggage is
coming, too.
SANITY City council set a good EEK
ample by its celebration of Memorial
day. For some reason Minneapolis
leouncils omitted the observance, but
the prediction is made by those present
lat the st. Paul ceremonies that the day
-will be celebrated in his city annually
Hereafter.