The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-08-05
NEWH0USE GIVES
DEED FOR SITE
His Gift to Commercial Club Is
Accompanied by a Cor
dial Letter.
SEES PROSPERITY AHEAD
Two BIG STRUCTURES WILL BE
COMPLETED JAN. I.
SEES PROSPERITY AHEAD

One of the first things that Samuel New
house did on his return to Salt Lake yes
terday. after a month spent in the east,
was to send TO the Utah Savings * Trust
company. trustee of the Commercial club
building fund, deed for the lot on Elk
change place and Cactus street, the site
of the new Commercial club home In his
letter, Mr.. Newhouse expressed his pleas
ure in giving the present TO the club and
expressed the belief that every one, ire
sLactive of past dissensions. would unite
I'm helping to make Salt Lake a.greater
city.
The deed which Mr.. Newhouse mailed
to the Commercial club represents a gift
of approximately 100000. On THIS lot
given by Mr.. Newhouse will be built the
$4,000 Commercial Club building. The
money necessary to erect the building has
already been pledged by members of the
club, and within a year the new home Will
be completed.
Mr. Newhouse was a delegate to the
Democratic national convention. From
Denver he went east on business trip,
spending the greater part OF the time IN
New York and Boston. Mr.. Newhouse de-
clined to discuss politics.
1T Is entirely too early ne said, TO
make any representations. 1t will be
probably two months before person can
speak with any degree OF assurance on the
outcome of the election. In the east they
t5on politics the public men of the east
sfrug their shoulders and agree with you
that IL is too early to discuss the political
situation.
Conditions Are improving.
Industrial conditions in the United
States are rapidly improving. and l be-
lieve an era of unprecedented prosperity
is dawning. In my opinion. 1903 Will be the
most prosperous year In the countrys MS
tory 1t matters little whether Taft or
Bryan is elected far as the prosperity
of The nation is concerned. There is moth
ing that a president or a candidate Tor
president can do that will retard this age
of progression.
referring to my business enterprises
in Salt Lake City. / will let the buildings
speak for themselves. The two new otIlce
buildings will be ready for occupancy Jan
/ The superstruCtures Will be finished by
the first of next month. after which we
will start Immediately on the interior
The Newhouse building will probably be
Y completed about thirty days prior to the
VBoston block.
ARRANGEMENTS have not yet been COM
pleted for the building of the hotel and
the theatre but they will probably come
soon | have made no definite plans about
the other buildings that have been pro-
posed. | prefer to complete the work al
ready laid out before deciding on new
projects PoppertOn will receive consid-
cradle attention from this time on. sew
eral public improvements are planned III
this new residence district"
MIR. Newhouse's Letter.
The letter sent by Mr.. NewhOuse to the
Commercial club with the deed to the lot
follows;
Commercial Club. Salt Lake City.
"GentIemen:-The pleasure ! have in
handing YOU the deed for the site of your
club cannot well set down in words. The
end now happily in sight. for which you
have labored so patiently and well, is
most gratifying to me. as l know ii must
he TO all lovers of Salt Lake. The beauti-
full home you are to build will be a rally
ing place for Salt Lakes foremost citl-
zens and the scene of labors for her great
est good There. organization, concerted
action. broad patriotism and civic pride
will unite and be reflected by achieve