Daily Wabash Express, Terre Haute, Vigo County, 20 March 1884 — Page 4

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WORDS OP WISDOM.

The Talk of a Han of the World on the Careers of? Men.

Why Some Men Succeed While Others Fall by the Wayside in M' Life's Industries. I I

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The Reasons Why Speculation in Stocks and Salted Mines ftf1,,. Doesn't Pay.

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The True and Safe Investments Those Who Consider Well Bei. fore Investing.

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What a Reporter Learned While .. Delving Into the Mysteries of ibe RmI Ettate BiuineM,

To the casual observer it might seem that the great fortunes of the day have been made in commerce, manufactures or trade. We believe this is generally accepted as true, and yet we doubt the correctness of the supposition. While it is unquestionably a fact that some immense fortunes have been made in this way, it is none the less a fact that the per centage of failures is vastly greater than among operators in real SiSjsj estate.

The wealthiest men in America were made so by close attention to judicious '^finvegtment in real estate. A. T. Stewart, the late merchant prince, known as the most successful business man of his day, was throughout his life a large dealer in real estate, and his investmeats in that line were second only to those of the Astora.

The rapid growth of American cities has made this branch of business pars^is, ticularly safe and profitable. Every large city has notable examples of success in this line. They have each had $$! at some time, periods of exceptional interest in the real estate market and those who have taken advantage of occasion have invaribly gained largely tvfi by their foresight and enterprise.

There is not a city, town or thickly agricultural community but

settled

where, if you will inquire, you will find «*§»4hat the men of wealth, the families 2.^ •whose wealth is a matter of common remark, acquired their competence through the possession of real estate.

And when you look at the matter in a philosophical way the reason is discovered to be as simple and plain as sgt'l the fact that the law of supply and de's%mand controls all prices. This is a growing country. The natural increase tf population is supplemented by an immense immigration and the settlement of the unoccupied land is beJik ing accomplished so rapidly that unless one is directly interested in the business no adequate idea can be found of the rapid cultivation of what s&ss haB hitherto been barren waste. Here in Indiana we have had the first grand rush of the movement which is carrying the empire westward. But the slower and more stable growth is filling up this state as it is all others, and our towns and cities are swelling in their proportions, giving a sure appreciation of the value of real estate, which is almost as regular and certain in its increasing worth as the movements of tideB or the rising and setting of the sun. Men who have made money in business, or in whatever manner, are found every day putting it into real estate. Think.over the names of the rich men about, and you will see that with hardly an exception they are owners of a large amount of real estate. There ,„r are losses incurred, to be sure, in deal-

T, ing in real estate, but nearly always ,• the reason lies in the fact that bad judgment has been exercised in the choice made, not in the land itself so much as in the relations of the purchaser to that particular investment. 1 For instance, if a young man uses his savings to buy a tract of western land,

which he can not give his personal attention, he is liable to be put at a loss in not being up with the movements 4 in the region where his land is located.

If he iB foot-loose to go to his purchase and improve it. he will not only be able to get the best price for it at a future ,! time by being fully aware of the sur~'r7* rounding values, but will reap a prcfit V-%

his time and work in improving his

IS property that will be far in excess of what he could have earned at any regular calling during the same length of time. So it is with a purchaser of im'gpi* proved property, whose condition in life will not permit him to care for his divestment, and it loses value by bad care or through the destructiveness of a bad tenant. The same property in the possession of a man who is so fixed in life that he can give himself personal attention to the improvements, or who has an agent for such purposes, will be increased in value, and besides declaring a handsome dividend, will so appreciate that it can be

Bold

for a bite profit. These are but

Up' a few instances of misapplication in pf- real

estate

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dealing, but there are many

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ly as many by which good results will 7 almost surely follow an investment in real estate. The first consideration, 1 therefore, is to follow Davy Crockett's Pt, advice to be sure you are right. To

S make assurance doubly sure it certainly L, is good policy to consult with some one -who knows more about real estate than 1*7 yourself. You perhaps have been engaged in one line of business for a number of years. Of course you are better acquainted with the good and bad points of that business than one who is not at all experienced in the same line. The dealer in real estate, therefore, is the person you should consult after you have satisfied yourself of his reliability and competence. It is to the interest of a competent and honest dealer in real estate to zealously watch the interests of those who confide in him. The prosperity of a real estate dealer is an almost infallible index to the success of his customers. Taking this criterion, in looking over the real estate business in this city, one naturally thinks of

Ben Blanchard, whose business has grown to an extent that haB given him a national reputation. Indefatigable in his labors, always courteous and never at a Iobs for any information in his business, he has made for himself a most enviable reputation. He realized the actual needs of the real estate business and has provided to meet all demands. The consequence is that to-day his office is supplied to better effect and more completely than any other real estate office in the state, and as perfectly, perhaps, as any in the country. He receives all the publications, bulletins and the many trade journals devoted

solely to matters in his line of business. At his office can be found maps showing every Bection of land in the United States, and almost every road and lane. For the lands of the Atchison, Topeka & Santa Fe railroad he is", equipped to give purchasers a full sale without delay. A man iB kept traveling constantly for the purpose of inspecting lands and making plats lor the benefit of the agency here and itB customers, Of late Mr. Blanchard has given considerable attention to Tennessee and West Virginia lands. In th« litter state he has a competent man constantly at work inspecting and estimating' the value of timber lands. By these and other means which are the outgrowth of a shrewd business man's mind, be prepared himself to successfully deal in any and all kinds of real estate.

NATURAL RESOURCES.

Terre Haute, the Queen City of "High Land."

An Unequaled Advantage for Manufacturing and Commercial Investment.

There is perhaps no city in the United States with no greater population than Terre Haute that equals it in all those natural advantages that are necessary for great commercial and manufacturing growth. The old French people who traded and bartered with the aborigines of the Wabash valley had an eye to natural beauty when they established their trading post just below our present city of Terre Haute, and gave to it the beautiful name, Terre Haute (High Land). Terre Haute never had that phenomenal rapid growth of frontier towns, but it has betn a succession of prosperous steps towards rivaling the best metropolitan centers in the United States. In its proximity to Fort Harrison it has been given a historical place, and in the memory of several old residents there exists a lurid picture of the hardships and suffering of early years. With the advent of the old Richmond railroad as that part of the Vandalia between here and Indianapolis was called, new life sprang into the views of agricultural and merchantile progress. It was soon learned that the fertile praries all around to the north, east and south of the "City of High Land" were possessed of the fertility of the most famous gardens. The corn of the Wabash valley soon became known and was greatly sought after in the east for its nutritious qualities. Farmers began to leave their little tracts of stony, stumpy land to seek a better soil and more abundant crops. The country around Terre Haute was soon all taken and with abundance of crops, and avenue for the surplus was looked for. This was iound in raising hogs. For miles up the river from Terre Haute were erected large slaughtering and packing houses. There were more hogs lulled and shipped from this point than any other on the Wabash river. But, as the population increased, and gigantic manufacturing interests were established it became more profitable for farmers to sell their corn than to fatten hogs. This is why so many ©Id ruins of slaughter houses are tumbling into decay between Terre Haute and Lafayette. It soon began to draw upon the mind of capitalists that the great coal fields surrounding the city would make it a desirable point for all kinds of manufacturing interests. Rolling mills, blaBt furnaces, nail factories, car shops, founderies, flouring mills, etc., were established, and are to-day among the foremost in the United States. Asa point for manufacturers, Terre Haute cannot be exceeded. Its railroad facilities are equal, if not better than any other point in the state. Built, as it is, on the east bank of the Wabash river, nearly four hundred feet above the level of the sea, and many feet above the high water mark of the river, on a deep sandy soil, its sanitary position among cities is one of the first in point of health. The statistics for 1883 show it to have had a less death rate than any city of its size in the United States. One not conversant with the facts can form no idea of the extent of the coal interests alone in its vicinity. West of the river and northwest of the city within a distance of five miles are hundreds of coal croppings from the hill sides, awaiting some one to bring a pick and shovel and throw the black diamonds upon the world'B wealth. The farming land in the vicinity is equal in productiveness to any on the globe. The city is one of the most leautiful in the west. With a population of 30,000 it has kept apace with the world's progress. Its magnificent public schools, its State Normal School, its elegant churches, its magnificent residences, its grand structures known as the Rose Polytechnic School, Rose Orphan's Home, St. Anthony's Hospital lately presented to the Sister's by one of our most esteemed citizens, H. Hulman, together with the contemplated new government building, and the new court house, surely makes Terre Haute a very desirable place to live. Manufacturers desiring a location should by all means visit Terre Haute and examine the resources and natural advantages of the Queen City of "High Land.

Pluck and Energy.

To-day Ben Blanchard begins selling the Dakota and Northwestern lands belonging

the Northern and Pacific

railroad company. His success in all his transactions is due to hard work and strict attention to the wants of his patrons.

He opened a real estate office in this city in 1879 and some idea can be formed of his capacity and energy in that direction when his books show that his sales and exchanges for the year 1883 amounted to $3,561,230:00. Some of the moat gigantic real estate transactions ever known in this state have been consumated by him. It was only last Thursday that he sold to a party in this city ten sections of land in Kansas for $30,000, the entire transaction being done by telegraph, something unheard of before in this country.

Another instance is that of a car load of Dunkards- from Pennsylvania who pass through the city on Thursday night on their way to Hutchinson, TTannna, to occupy farms sold them some time ago. Mr. Blanchard met representatives of these people at their grand encampment at Lawrence, Kansas, last summer and chartered a special car and took them to see the land which they bought A few months ago he sold to a party of Menomtes real estate to tbe amount of $100,000 at one transaction. Hifl immense Bale of timber land in West Virginia not long ago, is fresh in the minds of our readera. Mr. Blanchard has done a great deal for our own people. He is as generous as the sunshine, honest, thoroughly acquainted with his business and will sell tbe western continent in about ten years if he continues at the present rate.

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THfc TEKfUltfAOTE EXPBB88. THUfiSDAY MORNING. MARCH 90 1884*

NO. 630 MAIN STREET, TERRE UAIITE, IND

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We make a Specialty of Choice Investments for Capitalists, in Improved and Unimproved Real Estate, in Kansas, Illinois, Indiana Ohio. West Virginia, Texas, Dakota and Montana«ipai**$Bi»*|iai

Send for Copy of "WHAT NEXT," it gives List

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E Sales and Exchanges for 1883, $3,561,230. .-SsfJ.

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What tli* Qreat Prracher Saw In th« Haw Northwest. [From Mr. Beecher's Thanksgiving Sermon, NOT. 29,188S, In Plymonth Church,

Brooklyn, N. Y.J Leaving home July 9th, I followed the sickle. The harvest of wheat waa closed in Ohio and was beginning in Wisconsin. Oar line of travel carried us through the great wheat belt of this country and it is one of the marvels of the world. Every state almost in the onion can raise wheat, bat very few of them may be said to be dedicated to it in the estimation of the world. Almost every southern state can raise cotton, yet there is the great cotton belt, aad so there iB a great wheat belt, as is well known. The states on our side and on the Dominion side are larger than Great Britain, France, Norway, Sweden, and Holland. By the census of 1880, the population was about 4,000,000. Every ten years we may expect an increase of 2,000,000.

It would seem as though the climate was an estoppel, but it is not Old residents assured me that the cold was more tolerable to them at foity degrees below zero than in New England, where the winters are fall of moisture, for the effect of the cold is very much reduced on the human system by the dryness of the atmosphere. So as soon as spring opens and an inch or two of soil is formed they sow their wheat, and the wheat seeds swell while the ground underneath it is thawing, and it forms a reservoir of moisture from which its roots may draw their supplies, and all through this region the average yield is 16 to 25 bushels to the acre. In the Red River valley it is from 20 to 30 bushels on the upland west from 35 to 40 bushels on the upland of Norther Dakota, which must be said to be the crowning glory of the wheat farm, from 40 to 45 bushels.

We owe this vast territory to the construction of the Northern Pacific railroad. I have felt a deep interest in this road since the day when Jay Cooke, taking tea with me, laid open his far-reaching plans. That road is a monument to his genius and will be the glory of his childien. It is as fine a road as ever I traveled on. It iB solidly built, its engines and cafs all excellent, its Btatious and restaurants, parlor and Bleeping cars and dining room cars are as good as any in the whole land. It ran through a wilderness, which is no longer a wilderness it created a population aa fast as it went westward, and there were not cars enough to carry the throngs of emigrants that were taking the wheat lands all along its border.

OUT TO NEW CIVILIZATION.

All the vast States and Territories along "its route have been brought within easy access by its opening. It has opened to the east the richest mines, the great cattle rangeB of the north, and the lumber districts of the Pacific coast. Along the line of the Northern Pacific railroad is to be de veloped, ere long, the densest and best comntioned population on this continent.

Leaving the more thickly populated parts of the State, our attention was called to the fact that towns or cities were only five years old, and yet there were the court house, the school house, the church of brick, and a little farther on there were towns three years old, with a great deal of canvess, some lumber and a little brick, and .11 later the year-old towns came into vi and we came to some bady tow..» just born, all canvas. A wonderful region, where a town is established in one year, fully built up in five years, and in ten years it has a railway with the next town! Every acre of land granted to the Northern Pacific has been earned for them by land redeemed from the wilderness. Dakota, Montona, all the mountain region north, has been brought into value by this magnificent road. In one year every emigrant has wheat to sell, and this furnishes freight to the road. Railroads, I think, have to pass through all the diseases, the same as children-whooping-cough, measles, etc. I don't know whether this road will ever pay any dividends, but I do know that it is a magnificent road and that it has paid the United States.

In Montana the herding of cattle is a great industry, and you ought to see a herd of 10,000. A man said to me that he had a little place farther up. "How large is the place said I. He said it was about eighth liousand acres and that he had a -*k. \ttle on it. "How many?" said I. About twenty-five thousand," said he. And I found the cattle men of Texas still driving their herdB north, because, as they expressed it, the feed slicked them up Detter than the feed in the south. Although the mineral wealth of Montana'is very great, it is a very doubtful blessing. States that have nothing but mines are doubtfully blessed. Men go there to make fortunes and then run away. The spirit of gambling springs up and disorders the settled habits of industry in every department of the state. I should, therefore, not count it a great blessing to the state, although may be to the commerce of the United States and of the world.

MR. BEECHER'S FAVORITE REGIONS.

Of all that I saw in the Northwest commend me to Oregon and Washington Territory. These are my special pets, and there are no states which nave such a future as these. They have a charming snmmer and the great Japan Gulf Stream sets against their coasts. Their winters are almost snowless and their summers made fertile by abundant rain coming in from the ocean. The states are full of mountains covered with the rarest of timber. They have all forms of minerals, coal in abundance, and abmirable lands, in some sections finer wheat lands than in Dakota. The governor pointed out to me in Oregon City a farm that had been under culture for fifty years. That farm was producing fifty bushels of wheat to the acre, and it has been run for wheat for fifty years, and I heard the same extravagant stories from the wheat lands along the Columbia river. These states have a transcendant climate and every element of commerce. Puget sound is an inland harbor in which, I might almost say, all the ships of the globe might cast anchor and not one of them be in sight of the other. Ships of almost every nation on the globe were in Pujget collecting the lumber. The population is active and enterprising, and towns are springing np on every aide._ With such a climate and such a soil these states far to the north are going to be, I think, the greatest states in the Union. I am not very much in love with the equator. My love grows stronger towards the Arctic circle. I don't believe that the civilization of the world will take place anywhere where men don't have to dig cellars, and are not shut up for some months of the year

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in family

life. In thenortb,

where men are shut up for six months of the year by reason of the cold, the family become the chief institution of the state, and the family is the salvation of the state.

Going from this favored region I, after some days of annihilation, landed in California. That state needs no commendation it is fortnate that its mines are giving ont and its population are going to tarms. The labor question la coming np to vex them in California. They wouldn't have the Chinamen, and now they want them, and I told them so. It has been stated in the newspapers that I broached the Chinese question in California, and that after this I had no audiences. It is all true except that I never broached that question, and that my audiences did not fall off. I went from California to Utah, but will reserve thai to tin last.—The Northwest, December, 1883.

REAL ESTATE

630 Main St., Terre Haute, Ihd.

Agent for the sale of over 1,000,000 acres of land, located in the beautiful and fertile valleys of the Cottonwood & Great Arkansas rivers in South Central and Southwest Kansas. Climate mild and healthy. The cheapest and best farming landB in Kansas. Also, a large list of choice selected Improved Farms and Stock ranches, belonging to private parties, in good locations.

Also agent for over 40,000,000 acres of land belonging to the Northern Pacific Railroad Company in Minnesota, Dakota, Montana, Idaho, Washington and Oregon.

CHOICE FARMS

Throughout the States of Indiana, Illinois, Kansas and Missouri, for sale at

Great Bargains!

ALSO, GOOD INVESTMENTS I'Ok CAPITALISTS IN IMPROVED REAL, ESTATE CONSISTING OF

Farming Lands, Crazing Lands,

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Flouring Mills

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'JlrSfe Private Dwellings,

ASD FINELY LOCATED BUILDING LOIS.

WE MAKE A SPECIALTY OF EXCHANGING KANSAS LANDS FOR EASTERN FARMS, CITY PROPERTY AND ,V jQr. MERCHANDISE. 4

If you can not sell your Eastern property, and desire to come West, write and|^ give us full description of your property, and in nearly every case, if your property is not incumbered, we can make you a trade. Call at our office and examine our list of property. We defy competition in either quantity, quality-#-^ or prices, fft. All correspondence promptly answered. Send for Circulars.

Special arrangements made to give low rates to Land Seekers on round trip? tickets to any point in South-Central and Southwest Kansas. NO CHARGE FOR AVERTISING UNLESS A SALE IS EFFECTED*

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HOME OFFICE, 630 Main Street, Terre Haute, Ind. ffUPBROWN & BIGGER, Western Correspondents, Hutchinson, Kan. BRANCH OFFICE, East Side Public Square, Neport, Ind.

CALL ON OR ADDRESS''

in luiiiui.

Below we name a few rare bargains for sale on favorable terms:

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Ctty Property.

No, 3,478—Eleven lota In Kern's school addition, between Ninth and Tenth streets and Seventh avenue.—will be sold very reasonable. See Ben Blanchard.

3,479—Cheap for cash. New house on north Eighth street, three large rooms and summer kitchen, with good cellar and 100-barrel cistern, with good small out-bulldlngs.

This Is a bargain. Bee

Ben Blanchard.

3,480—House with thirteen rooms, In a good location for boarding bouse. Will sell cheap or trade for smaller city property or for vacant lots. Lot 70%xi60: good barn for five horses good room to build small tenament house. See Ben Blanchard.

3481— New house with seven nice large rooms and all

modern

conveniences, such

as gas and water, carried to all parts of the house: large frame barn two good cisterns, one 200-barrels, with 15-barrel filter also vacant lot on south side of house, with good brick two-story barn: lot well set in fruit. Will sell nouse and lot separately from vacant lot, or both together, at a bargain. Property on south Sixth and-a-balf street. See Ben Blanohard.

8484—Beautiful residence property, north Twelfth street, between Tippecanoe and Kim streets lot 60x154 feet, high and dry, with a good six-room house, good well and cistern, good barn, out-buildings all In good shape, nice grape arbor almost the whole length of lot, on both sides of walk. Will sell very oheap if applied for at once. See Ben Blanchard.

613

3184—For sale—Nice little property less than one square from Main street lot 60 feet frontage, 83 feet Cinches In rear and 135 feet deep 20 feet alley north side, well cindered also 18 feet alley on rear of lot cindered, house with two rooms: size of bouse, 16x82, well arranged to build an L. Price 11,000, S810oasl), $190 can be carried for three years. See Ben Blanchard.

Reno County, Kansas.

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No. 153—West half of 28-24-6 west, 60 acres under cultivation. Also southwest quarter of 20-24-6 west, 70 acres under cultivation honse 16x28, IK stories, wide ell with porch 16x26, house finished complete, crib and granary, stable 10x82 feet, with shed for Implements 80 acres fenced with post and three with wires wind-mill pump. Price for all, 167,000. Terms, *2,000 cash balance on terms to suit.

No. 168—Northwest quarter of 24-28-5, 140 aorea under cultivation, 6 acres of timber, house 14x24 feet, IK stories, with good cellar, stone wall, stable and granary. Price, 82,800 80 acres adjoining, all In grass, for *1,600.

No. 170—E. yi 35-24-6,200 acres under cultivation, 90 aores fenced for pasture^wlth good water In pasture house 16x28, IK stories, with good cellar barn 30x50 8 acres of good timber, 400 peach trees, bearing, 60 apple trees, 1% miles of hedge, granary in barn price5,000, half cash, balance In one and two years at 8 per cent.

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Hotel Property for 8ale or Exchange. A paying property, 140x35 feet, two and three stories high. First floor contains five store rooms, dining room, hotel office, sample room and kitchen. Twentyseven bed rooms and three closets above. Rented last year for S210 per month.

The property Is In good shape. The death of the owner places lt on the market. For price and terms, see Ben Blanchard.

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Bridge Stork.

529 shares of bridge stock. A paying property. Controlling Interest In a toll bridge over Wabash river. Will sell at a bargain. Will pay 20 por cent, wbat Is asked for stock. See Ben Blanchard. sr v-

Trunk Factory.

A manufacturing business for sale. Well established and well advertised. Has an excellent reputation for producing first-class work. Any one desiring a good paying business with only 83,000 or 14.000 capital can be suited. No special knowledge of the business required. Uood foreman and other help furnished.. See Ben Blanchard. 'J

Flouring Mills.

No. 8,025.—A fine large Steam Flouring Mill, situated on tbe I. B. A W. K. R., In Fountain county, Ind., four run burrs. Mill cost 14,000 Is in fine shape and in a good location will sell cheap or trade for good stock of dry goods. Ask about this. V.j Ben Blanchard.

Mining Stock.

No. 8,225— For Sale.—Some choice mining stock at thirty-five cents on the doU« lar. Stock non-assessable. Mines located! In Uunnlson Co., Colorado. See Ben-: Blanchard. f.* r? •"J-"'"'

merchandise.

A yery choice list of Stock Ranches on hand in Kansas, Texas, New Mexico, Dakota and Montana, One Thousand Dollars to over varying In price from a Million Dollars. See

3,410—A stock of general merchandise will invoice ten to twelve thousand dollars. Good trade. Owner's health demands Immediate sale or exchange. Thlst stock and the trade will bear close in-ii spectlon. Any one desiring a good general stock of merchandise can get a bargain In the above. See Ben Blanchard.

8,412-Drug stock Invoice, 11,200 will trade for city property or small farm. See Ben Blanchard. improved lands for sale at low prices: and on easy terms, In Virginia, North j,Carolina, west Virginia, Alabama, Flor- .- Ida, Tennessee. Onto, Indiana, Illinois,-:' Missouri, Texas, Iowa, Nebraska, Kan-.:, gas, Colorado, Dakota and Minnesota.^ Address Ben Blanchard. .»

We have for sale a large number ofs| farms not given in the list. If you do not see what you want, write us what?

ou want, and we will use onr utmost enplease you. BEN BLANCHARD.

eavors to

Stock Ranches.

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Real Estate Broker,' Terre Hante, Ind.

BEN BLANCHARD.

Timber lands in large tracts unculled. See

BEN BLANCHDRD.