Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-01-01

LESS NJ M\oney FOR THE EAST
Western 'nvl astors, Farmers and Bank
ers Incl'ne} to Keep Their Money
Nearer Ho me, as Result of Recent
Experiences -Great Activity in Real
~ PredictedS for Early Spring.
Special to Time m1(s.rep,,bllcan.


there is going to be one of the biggest
demands ior real estate this country
has known IN ioh4G while" said s. X.
Way, of Waterfowl, s D.. formerly
Ienth district com nitteeman of the
republican state cen4 4tral committee in
Iowa. Mr.. Way is now engaged In
handling town sites aieSng new lines of
railroad IN South Daho a, and is inter-
ested with his brother,1 Tom Way. in
the same line OF work II Wisconsin,.
II don't say it becaus(e I am inter-
ested in land, but l find fIrom injuries
directed to me and fromS the inform
alton to be had from bank ers and 9TH
ers who handle money, th4,t the people
are going to invest in re&al estate. In
S. D.. there Is Sor has been
s15O,OOO Of eastern paper bought I'M by
bankers and others as a &neans of
keeping their money investAd. When
the furry came on they cok1ldn't get
their money and they don't Aropose to
be caught again right awayt in that
Farmers and others who Have n lit
tie money to invest are seeHing land
They are inqQirinp for
farm land. city property or Anything in
the shape of real estate thak forms a
sure investment for their motaey. They
look at it that if there is to bS, further
hard times they propose having their
where they will not lose It. The
bankers are taking advantage of this
situation to get their money lnut of
commercial paper ano into rar IN mort
cages. Their willingness to 10 IAN mon
ey on farm mortgages and TN 4e desire
of the people with a little Money to
invest to get it into real estatef Is nak-
ing conditions ideal for real estate bus
mess to open with rush next sprinr.
But not only are the Conditions
ripe, but the people themselves are al
ready looking for real estate, !and the
first warm days In the spring will see
great activity in that line.
The election or CITY commas isioners
under the new Des Moines plan of
city government Will be held III this
city in about two months, and, the
campaign from this time till ELECTION
day is to be strenuous one. Events
are moving rapidly and the one vital
question, will the polltlclans oe able
to capture the oHlces! IS sun uil,set-
tied. 1t is the one question that WAS
most discussed during the tlthe When
the commission plan was being dis
cussed and voted upon.
Up to this time two or three at
tempts on the part OF designing per-
sons to capture the oHlces nave been
routed. 1t will be remembered that
a committee OF 3oo business men and
citizens generally worked LOT .iie adop-
ton of the plan: The street railway
and public service corporations. did
not fight it and it was argued. that
these corporations liked the plan he
cause they would be able to c,anture
the offices.
Since the campaign opened there
has been no meeting of the corhmittee
of 200 and it is claimed from sources
close to the corporations that the
leaders are afraid to let the Gommit-
tee of 800 come together because so
many of them are outspoken for John
MacVicar. So the leaders devised the
of fifteen which has been
working along the lines of ggttine a
ticket that all the newspapers would
support thus insuring that mo Cum
Minis or anti-corporation nan could
get on because Lafe Young Eould have
to approve the ticket first This has
fallen thru with permanei,t1v by one
of the newspapers, The Daiiy News. re-
fusing in an editorial tc enter any
combine.
What the next move VIII be is hard
to guess.
There is a great deal ST foundation
for believing that exPcstnaster and
ex-County Treasurer Joh n Mckay will
be one Of the candidates for mayor or
commissioner on the nub,ic service
corporation ticket. Hs is the man
who was manager OF dull's campaign
at the time the bailots and poll books
were stolen ana When it is generally
supposed that the election was stolen
also. w. F. Harsh Of the board Of
public works ana alderman Brererton,
ex-Alderman Higgins. Alderman Fra
ley, ex-Supervlsor Frank Bennett, Po-
lice Judge mating and several others
arr expected 10 be in the race for posi-
tons on the part of the politicians.