Weekly Arizona journal-miner., 1908-05-20


 "prospcriiy campaign inauguratcd . few days ago in tae west, but k pre- pairing to start n movement of her own for the restoration of confidence. Re ports received here show that the hoard ing of money still continues 'o some extent in many parts of the country and that even business men are hold ing down their bank balances, carry ing large sums of cash on hand and hesitating to commit themselves to- their usual purchases as a result of the fear inspired by the October panic. Tae fact that the conditions which caused the trouble six months ago have chang ed and that there is at present no req son for alarm over money iightness is well understood by those familiar with the financial situation but does not seem ,o he fully appreciated by many merchants and other business men. To disseminate n better understa nding of actual conditions the aid of the great army of travelling men wao rep resent the business houses of this city Is being enlisted. In view of the fact that there are 100000 or more of these travelling representatives, it is believed that no other means win prove SO ef fectivc in restoring the confidence of business men throughout the country as the facts and arguments which will be supplied to them from the head. quarters ners and which they will pre-. sent to their customers. Herman A. Metz, comptroller of Greater New York, is at the head of the movement and leading business men of the city have enlisted in it. One feature of the campaign is to be n great gathering which will be held here in August and will be known as the Commercial Trsveiers' Interstate Prosperity Cen gross. Al this meeting will be hs' sembled not only the commercial men who have engaged in spreading the doc. Urine of good times but also leading business representatives from all parts of the country, and reports will be pre- pared snowing actual conditions of trade, the extent of the recovery from the trouble of last autumn and the basis on which it is claimed that a con. dition of real prosperity exists. While it is generally assumed that the real effect Of the movement will hardly be felt until after the national political conventions, business men and financial leaders here are determined not to per ? init misapprehsnsion of real condi- tions and the bogiety if energetic ae- , ton on their part can prevent it.
 0rotwh of Flats.
 The fact that the style of abode in which most of the residents of Amefi. |. cas greatest city live is of compsr'' lively recent invention was called to ,. attention this week by the death of f Thomas MeKegney, the "father of the :. flat" It was fifty years ago that the first of the buildings for which the . Harlem section has since become fam V ous was put up. IL accommodated hvs d families and was without any frills |, Today nearly 3,0O0,0O0 persons In Greater New York dwell in this sort Of + buildings, that is in apartments, hat' ', or tenements In 1858 when MckeR pey began the wholesale construction !, of his flats in Harlem the prevailing
 residence was a detached house of two
 att u
 credible as it seems, to New forkeri
 today, rented for about sl00 a year. S' NJ rapidly did the demand for them m
 crease, however, that MeKegney con
 ceived the idea of building "a lot oi " houses in a bunch," as he expressed it C. and as q result to him more tnan t' e. any other eause is due the disappear if snce of the single house. Today les 10 than 10000 families in Greater Nev Il. York own the houses they live tn, an' n, n single dwelling of any size and pre- N. tentions Is possible only for the yer! n, rich. Probably in no other way is th ] rapidi,y of metropolitan expansion .. shown so graphically as in the develop n. ment of the flat which fifty years ng' IS, housed less than fifty persons in Nev q. York and now provides homes fo IT. 3,000,O0o.
 Babes 90 Per Cent Foreign.
 Q. The startling discovery has jus w been made that the great majority O re mothers ip New York are importe' ed from the old world. While the city ha he been eongratulating itself on the larg t. increase in births, the fact has bee
 overlooked that aipe ouf of ten of tn
 babies are the children of parents who" Il. arrival In tois country is comparative ,t. iy recent. Invsstigstisn hss show