New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-23
TALES Of THE MARKET
Maoazine Writers Are Busy De-
sCribing Progress Here.

7b. weekly ana monthly periodicals
,,,,.e had much to say this summer about
hui,d,pg and building management be-
sides land values in old New YORK. Ana
even building Development mere has oeeh
compared with imprOycG farming conoI-
,ions I'm the bounding, lillOwy West, ana
also with agricultural pursuits In 'anaoa.
Eyery Pine street broker likes to read
about the history Of the real estate mart
of the metropolis, for each article heIp5
IN broaden the many channels of the city
as far as building operations arc con-
cerned
Frederick Irving Anderson, in an aru-
81, about "The Farmer of Tomorrow
In "Everybodys Magazine has this 10
say about land and building In New YORK.
when a horse begins to eat It's mead
off there are two ways out or the oil
acultv. Either work the beast nara
enough 10 earn it's keep or look around
for means Of transportation With a
more reasonable appetite.
Land has the habit of catine Is head
off too. II becomes greedy when II gets
scarce. when il assumes value. II eA-
acts interest-rent; and finally rent grows
So greedy that there is nothing left for
wages.
Then is the time to apply horse m"di-
cine. Either work it hard enough - pay
its keep (this costs time and money Just
as full steam consumes more coal than
half steam, OF look around you for land
that eXacts less.
Take a concrete example. !, require 4
two million dollar plant-a twenty story
sliyscraper-to show proht on q bdlol"s
site at Broad and Wall streets, Ne"
York. where land f. assessed 81 tho rate
OF 5000 a front foot. Not so very long
sgo a site at this corner was occupied by
a two story building. The owner SOFA
cut when the cost Of keeping the prop
erty began 10 eat UP his profits. And g
syndicate With time and money put NJ a
two million dollar skyscraper thur
working tho plot hard enough 10 pay its
keep. The original owner moved further
uptown.
Farmers ADOPT the same plan. Seven
hundred thousand farmers have crossed
the line into Canada IN the pact ten
yeers-movlng further uptown Many
OF them, OF course, possessed only rail-
road ticket. having come too LATE 10 lind
homestead under tho Stars and Stripe
But a. cOodly number wer" farmers from
Illinois and Iowa, carrying with them
Satchc'S full OF uunGfurd 'urTcm,iI
Corn Dolt acres had begun 90 demand too
much coal 90 start tho boilers, accord
Ing 10 their wav Of farming.
"Ther" aro two types of farmer. grow
ing 20 uu pretty clearly defined now that
tho Last OF our public land II passing Into
private hands. one II liko tho owner u
tho two story building on a skyFcrap"r
site. When land values got beyond his
methods he either improves his plant D'
sells out 10 some one who can, and u.I.
CRATES. The best T. too good Tor lir
lie viii take second best If ho can iiud r.
The other Type per cent pi .I'
farmers tO-day--is like AN old druggist in
lower Broadway who recently cam" Into
local fame Tor refusing al Offer II enough
s. gold pieces To- cover his plot lie re-
fused 10 sell. Why should he scls ho
argued lie got HE plant for NOTHING 20.
Inherited il from his father when Canal
street was a COw-uath His PMS suli
pay his taxes and keep his roof whole.
That is all he wants