Hammond Times, Hammond, Lake County, 17 June 1906 — Page 6

HAMMOND in midst OF BUILDING BOOM. (Continued from Page Five.) FORMER SENATOR HEMENWAY

Way facilities through the connection of the Calumet river, by means of the

Indiana Harbor canal, has stimulated an advance in the price of river frontand will mean a great industrial development along the banks of the river. This is expected to be an inimportant factor in the deof this city as an industcenter. Probably the most important single

development in the industrial situation

is the fact that the Standard Steel Car company is already beginning the erecof several enormous shops, in adto those which have already been

built, for the manufacture of steel pascars. This reveals the purpose of this company in buying such an enormous amount of acreage in this city, and makes it apparent that in a few years Hammond, with the Standard Steel Car company east of the city and the WestSteel Car and Foundry company at Hegewisch, west of the city, will bethe steel car building center of the world.

TION'S AGENT FOR ECONOMY

Indianapolis, May 6.-Appropriations for the expenses of the United States government for the fiscal year 1910, according to former United States SenJames A. Hemenway, who was in the city a short time on his way from his home at Boonville, where he was called by a death in the family, to Washington, where he will resume his work with the senate on approMr. Hemenway has been working for some time at the direction of the several senate committees that have to do with appropriations. He is now studying the needs and expenditures of the government, and during the session of congress will make recommendations regarding the reof the different federal depart

ments. He will also keep a sharp

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ye on all the appropriation bills to see to it that there are not duplicate appropriations for the same purpose. Mr. Hemenway's services were enwhen the senate realized that the expenditures of the government were increasing from Year to year at an amazingly rapid pace. It was seen

that a halt must be called and as Mr. Hemenway, as a United Sates senator and as chairman of the appropriacommittee in the house, had had wide experience in such matters, he was selected to evolve methods for reducing expenses. Recent Immense Increases. An idea of the rapid increase in expenditures may be had, Mr. Hemsays, from the figures showing the amount of money paid out in one year at the end of each 10-year pe-

FORMER SENATOR HEMENWAY.

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riod since 1880. 1880 the total examounted to $340,000,000. In 1890 they wore $375,000,000, only a sligh increase. 1900 they were $600,and the expenditures for 1910

for which the last session of congress

appropriated, will amount to $1,000, 000,000.

In the last 10 years there has been an average annual increase of more

han $50,000,000. Mr. Hemenway says that in 1911 there will be a material reduction from the figures of 1910;

that is, instead of an increase of $50,-

000,000 as has been the case in the

past, there will be a decrease.

'"In 1911," said Mr. Hemenway, "in

spite of the fact that the poplation

of the country will be increasing and in spite of the fact that the nation is

committed to many schemes for which

money should never have been appro priated but which can not be aband-

oned abruptly, there will be a material

reduction." Army Post Extravagance.

This reduction will be brought

about in various ways, Mr. Hemen-

way says. Appropriations will be

lopped off in many places where

money as been appropriated lavish

ly without need. For example, in the building of army posts there has been

great extravagance. Mr. Hemenway

constructed at a great expense in part

constructed at a great expense in parts

(Continued on Page Seven.) 9139-41 Commercial Ave. GENERAL FURNITURE COMPANY South Chicago Illinois

ALL

EYES

AVENU

South Calumet Avenue is in an Area of Great Future Development It is the Future Residential District of Hammond

COMPARISONS ARE NOT ODIOUS

It is only by Comparing Other Similarly Situated Properties That you Can Estimate of the Future of

Turner's First & Second

Addi

tions

HOMEWOOD PROPERTY Values are more nearly Fixed The district is fully developed The territory is restricted On the western edge of town Has street car facilities

CARROLL

STREET

VS.

CALUMET AVENUE PROPERTY Values are exceedingly low The development has only begun There is room for expansion In the heart of the future city Will soon have a car line

47 5 5 6 7 3 8 9 41 10 0 11 39 12 35 34 17 3 18 32 30 21 9 22 8 23 26 25

BECKER

It will be seen by these comparisons and others that might be made that there is still a chance to make money in Calumet Avenue or contiguous property while the juice has all been squeezed out of the lots In Homewood by those who developed this district, the pioneers.

Be a P

ioneer on Calumet Avenue

60'

Iron Beds worth 5.00, special price during this sale 2.50

Golden Oak Extension Table, extends 6 feet, A only 4.50

Brass and Iron Beds, we formsold for 10.00

now on sale for 5.25

Dining Chair, leather seat box chairs 2.50

Couches at half prices, a 36.00 Leather Couch, 17.85

Golden Oak Princess

Dresser, fully worth

$22.00, this sale

Property values should double there in 2 or 3 years Lots on Hohman Street are bringing $40 to $60 a front foot in the residence district Lots on Calumet Ave may be bought for $375 or $15 a front foot Inside property is proportionatly cheap Can You Reconcile This Difference in Value

STREET

13.50

Gostlin,

Meyn

Co.

Hammond, Indiana