The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-02
idea that some things remain to be said
on the case
THE BUSINESS CENTER.

The Tribune is for the entirety of
Salt Lakc-for the big American Salt
Lake; and therefore rs public news
paper, interested in tho progress of all
localities in the City, it has no prefer
ence to express concerning one business
or residence section over another and
no help to extend to one which is not
equally at the command of every other
in proportion to merit,
However. not all are equally merito
rious in their holdings even if their
natural advantages were on par. Re-
cent events demonstrate that Salt
Lake will not grow harmoniously, uu-.
less some of the old time properties
shall be disencumbered Of their shacks
and shall be Occupied by structures
which are alike creditable TO the com
munity and profitable to the owners.
y statement has been made to The
Tribune that one of the wealthy men
of this town and a recent large buyer
Of real estate, made an offer for a big
tract of land on North Main street,
now occupied by buildings which have
stood for fifty years and which are
disgraceful in their shabbiness and
non-remunerativc in their occupaucies.
HIS purpose was 10 build an immense
hotel and theater; but the owners re-
fused because of interests they had in
other properties with which his i'm
provements Nigh be supposed TO COM
pete. He moved TO another part of the
City, and when he moved he carried
the center of town with him. Business
is moving its pivotal point in Salt
Lake. and owners Of some OF the large
properties are responsible for the
change with it's attendant loss 70 them
selves and TO the localities in which
they maintain their immovable shacks.
1t is not always the public business
and therefore not within the proper
province of The Tribune TO direct what
the individual real estate owner shall
do with his land Many tracts of busi~
mes property are now held in Salt
Lake which have been recently pur-
chased and which cannot be improved
as the new owners desire
because of old leases, in some in
stances, and because, in others, fnan-
cial resources were temporarily eX-
hausted In the land purchase and must
be recuperated before the adequate
modern Improvements can be made.
But there are some instances Of moss
backism so notorious that the public
may take cogniZance of the evil even
if it may not direct the remedy. There
are tracts of property in the business
section of Salt Lake which have been
held for more than generation by
wealthy owners, who deliberately re-
fuse TO benefit the City and the local
Ity and themselves by the erection of
which would be a pride to
the community and large dividend
payers to themselves. The new buyers
Of property will teach lesson TO some
of the slow movers and some who viii
not move at all in this matter, fer
they will take the center Of town
where they viii to take it.
Business might have been anchored
on North Main street if the wealthy
man who recently purchased could have
secured his tract and built his inn
there as he desired Much
business may yet be anchored in the
older business sections If the property
owners there will permit themselves to
be animated by the spirit of progress,
It is time for some of the holders of
real estate who have been drawing
neager rents from their old sbacks to
earn the lesson of larger rents from
Improvements. They owe 1T
10 themselves, they owe 1t to the To-
,alities which they are now retarding
oy their sleepiness, they owe it to the
new property owners who have come
IN and bought tracts adjoining Their
,wn, and they owe it TO the big Salt