Hammond Times, Volume 6, Number 255, Hammond, Lake County, 17 April 1912 — Page 12

THE TIMES.

EAST CHICAGO

REAL ESTATE

Cities Are Galvanized by the Comin2!ndthePenn8yivan,a8uburbanbr8nch J "lit has a street car line and an lnteur -

of Immense Plants Within Their Boundaries.

BIG BOOM EXPECTED N

For ten years the city of East Chicago, that is. East Chicago west of the canal, lay practically dormant. A sale of property in the business district wes the cause - of much comment. There was only desultory activity in the residential district. The coming of the Baldwin Locomotlve works galvanized the whole city. Within -three.days after the announce ment over $1,000,000 worth of property J had changed hands. This one industry transformed an inert city into' one of the livest in t'.i region. Chicago avenue was partly responsible for this. This splendid hun ness thoroughfare traversed the entire city and connected it with the Baldwin plant on one side and the city of Hammond on the other. WHOLE STREETS SOLD. In thre days the East Chicago Company sold out every lot it owned on Forsythe avenue, that other splendid thoroughfare which extends, north jtnvl sou'h throughouthe entire city. Hundreds of other lots w.ere sold i.t the following week. Building projfcis were announced of such magnitude and with such great frequence that it was almost impossible to keep account of them. The city of -East Chicago had be-?n awakened with a start and It is now regarded as one of the livliest cities in the region. It is expected that the huri-

HOLDS

REVIVAL dreds of thousands of dollars that are paid out in waes to the working men who will build the Baldwin works, to say nothing of the permanent payroll that will be be created when the plant gets into operation, will be divided betwecn East Chicago and Indiana Harbor. The line of the Chicago Lake Shore & South r.end Electric railway affords excolont transportation facilities betwecn the plant and the residential dis-j triots of the citv. I ItlCi IIIXIH EXPECTEO. From now on the activity is expected to grow until by the time the Baldwin j pIant is built East Chicago will be one of the most active cities in the great Calumet region. The fact is gradually percolating through the minds of the people of East Chicago that which ever part of it builds the most homes will reap the greatest benefit from the great good fortune that has come ti the twin cities. The citizens are. accordingly, preparing to build a large number of homes to accommodate the woikingmen of the new plant. It is safe to say that the building activity in East Chicago during the coming year will amount to between $.".00,000 nd $1,000,000. This gives something of an idea of the way the cities of the Calumet region are growing. And as new subdivisions are opened, new capita! comes n V -ft

THE EAST CHICAGO BANK WILL WITHIN A FEW WEEKS MOVE INTO ITS NEW HOME IN THE COHEN BUILDING, CORNER OF CHICAGO AND FORSYTHE. AVENUES, THE BUSIEST AND MOST CONVENIENT CORNER ON ACCOUNT OF ITS CENTRAL LOCATION IN THE WHOLE CALUMET REGION. OUR BANKING CONNECTIONS ARE OF THE VERY BEST THROUGHOUT THE UNITED

STATES AND EUROPE, AND

LENTS WHICH WE MAY

Our Capital is $50,000.00 and Earned Surplus $10,000.00

ASSETS OVEF

AND WE ARE GROWING FAST. WE EXTEND A CORDIAL INVITATION TO EVERY CITIZEN IN THE CALUMET KUG1UJM TU CALL ANDjNSPECT OUR NEW BANKING ROOM AND EQUIPMENT WHEN IT IS READY, THE EXACT DATE OF WHICH WILL BE ANNOUNCED LATER. WE ARE COURTEOUS TO ALL AND WILL APPRECIATE ANY BUSINESS YOU MAY GIVE US, WHETHER YOUR ACCOUNT IS LARGE OR SMALL. THERE ARE NOW OVER 2,000 PEOPLE IN EAST CHICAGO WHO ARE SATISFIED CUSTOMERS. WONT YOU COME IN AND LET US TALK IT OVER, AS WE KNOW THAT ONCE YOU LEARN OF THE MANY REMARKABLE ADVANTAGES WE ARE OFFERING TO OUR CUSTOMERS, YOU WILL NEVER AS LONG AS YOU LIVE NEED ANY FURTHER URGING TO START AN ACCOUNT AND TRANSACT ALL OF YOUR BANKING BUSINESS WITH US. '

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Into . the region, the building: activity becomes more " expansive and " the momentum ot the movement increases; it is hard to tell where it will all stop. TRANSPORTATION NEEDS. Bast Chicago, like Indiana Harbor, la prepared for development. Its public utilities are large enough to enable !t to take care of the thousands of peopla who will be welcomed Into the city in the next two years. Wht East Chicago needs more than anything else is transportation facili

ties. It has two railroads, the Wabash ban line. I That, probably more than anything , else, accounts for the fact that Indiana Harbor has grown more rapidly- than East Chicago in the past few years. But East Chicago has set about to remedy that. It is favoring the passage of franchises that will make all of the railroad lines of the region aecessable to it. ' With frequent service and good connections it should be just as well oft as any of the other cities of ths ' region. The South Shore interurban line has done wonders for the city in this respect. CITY WELL PLANNED. A real city builder laid out East Chicago. Considering the fact that Jhe municipal architect who planned this 'city began his work 25 yesrs ago the elty is a splendid commentary on his public spirit and progresslveness. Excepting only Broadway in Gary there are no business streets in the entire Calumet district that can compare with Chicago and Forsythe avenues. 'They are broad and beautiful streets jand will probably become the civic (centers of the city when more substanfia, hlliirtin are built nn the And it is not irrelevant to point out that the building of these streets along such liberai Hnes is wnat has attracted Dusins to tnem. The hundreds of thousands of dollars that were invested In Chicago avenue property following the announcement of the locating of he Baldwin plant was a glowing tribute to the mind which planned th:s street along such broad lines. But radiating from these streets are a number of other important business and residential thoroughfares. Olcott avenue is rather unsightly now on account of the lack of fine building improvements but thfs will all be remedied in the future when the city is rebuilt under the impetus of its new boom. A rOTF.NT FORCE. . But there is a potent force in East rn WE PLACE AT THE ENJOY, TOGETHER WITH ffu

Chicago that must not be overlooked. Just as the United States Steel Co.' is the magnet which collected a dozen Important subsidiaries around it; the Indiana Harbor canal is the magnet which has attracted half a score of important industries to Indiana. Now most of the factory sites on the east side of the canal from Lake Michigan to the Calumet river have been purchased by one industry or another. Equally as good factory sites on the west side of the canal and on both sides

of that branch which extends from the c&n1 to Gtor8e ,tm b disposed of. remain to When these are all sold to sew industries which seek locations in this great region between 20,000 and 30.000 men will be employed. These men will live in the northern portion of East Chicago and in the northern portion of Ham mond. That will mean an addition to the population of East Chicago of at least 100,000 people. It Is something: to ponder over. TO E.CJCAG0 Midas' Like Touch of Great Manufacturing Company! Will Make Fortunes Out of Real Estate For Owners in Calumet District. STORY BASED ON SOLID FACT When S. W. Vandplain. vice president of the- Baldwin Locomotive Works at Philadelphia, addressed a letter to C. W. Hotehkiss, vice president ot the nil LIVI

dai niAiim

DHLUM PLAIT VITAL

DISPOSAL OF OUR CUSTOMERS THE BENEFIT

EVERY NEW FACILITY WE MAY ACQUIRE.

3009OOOo00

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Chicago, Indiana & Southern railroad, habitants. With a foresight and pubstating that his company had decided lie splrltedn&ss that stamps its citl-

to locate at Calumet in East Chicago and that it would build a plant in three unlts, each of which would have a ca-: pacity of tea locomotives a week, and would employ 5,000 men, the tremendous potentiality of that news was only partly appreciated. The people of the Calumet district in Indiana, used to big figures, tried to appreciate what it meant. They es- , timated that the new plant would be ! as big as the Indiana Steel company at Gary, around which a city of 30,000 inhabitants has been built in six years. What It All Means.

They said, counting four persons for , real contenders for supremacy In this every man employed, that by the time great Calumet district. The built and the plant is built a population of SO,- unbuilt plans of East Chicago will to000 people will be added to the region, gether employ as many men as the They did not count the men who would built and unbuilt plants of Gary, eventually have to be employed in the ! It will be one of the most dramatic butcher shops, the grocery stores, th a struggles in the history of city build-

clothing stores, the banks, the .theaters, and in the building trades. They did not count the doctors, the lawyers, the preachers and the scores of others who do not produce wealth, but who make their living from the real producers of wealth. They were conservative when they said that they thought eventually that the territory in North township would Increase its population by 100,000 as a result of the location of the Baldwin Locomotive Works. v But it takes time to build cities. This has been proven in Gary. When Gary was. founded it was prophesied that it would have a population of 50,000 people in five years. There are only 30,000 there now. Gary will have a population of 50.000, even 100,000. but they will come eventually. Rome was not built in a day. Neither was Gary or Indiana Harbor nor any of tha other cities that have been built yp In the Calumet region as a result of its marvelous industrial development. A Difference. There is one difference between Gary and East Chicago (which is Intended to mean corporate East Chicago, Including Indiana Harbor) that is of vital importance. Gary was hewn out of the wilderness. There It was necessary to build a complete sewer system. Lto lay miles of streets and walks, to construct city buildings, to lay out parks, to extend public service utilities to take care of the thousands of people who sought homes in. the magic city. In East Chicago the foundations of the city are built. East Chicago today is the skeleton of a city of 100.000 in-

IB!

zens as among the most progressive

and far-seeing In the region, it shouldered the almost staggering burden ot a half million dollar deep sewer. Now It is ready for the development that It took the city of Gary three of its six years of life to attain. The sewer has been built to accommodate a cjty of Just the proportions that the Baldwin Locomotive Works will make it. Seek and Neck lUrr. East Chicago starts out this year in a neck and neck race with Gary. Both cities are on the scratch. They are the Ing. The splendid twin cities on the canal, with miles of dockage awaiting development, with railroad facilities unexcelled, with the impetus of an already marvelous development will vie wit hthat world's wonder, the great steel city of Gary, which has Sjack of it the millions of the United States j Steel company, the inertia of other monst r plants yet to be built or just put in operation, and a splendid spirit of unity and progress. This comparison is not intended to b odious to either East Chicago or Gary. It is merely the application ot the lessons that have been learned from the building of the city of Gary to the upbuilding of the city of East Chicago. Ready For Homes. So It is apparent that East Chicage has laid Its foundations. It has done more. It has erected the superstructure. When that is. filled in the city will rise before, the sight as on of the marvels of the marvelous Calumet region. In East Chicago miles of street Improvements are already waiting for utilization. Other miles of streets are to be built this year. Hundreds and thousands of residences will be erected as soon as the plans can be made for them. With thousands of city, lots In readiness for improvements it will be possible to put thousands of men at work on building .operations. Residences and business structures oh whole city blocks will rise simultaneously. As with the raising ot Aladdin's wand whole acres of buildings will seemingly rise out of the ground and the human ants from the end3 of the earth will come In to occupy them, build gar U o

OF ALL SPECIAL ARRANGE-

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dens around them and cherish them as home. ' . ' " Transportation facilities are waiting to convey the workingmen from the hives of industry to these urban and suburban homes, and other traction lines will be built. It is a stupendous thing to contemplate.

Development la Certain. Tet all of these flights of fancy are based on facts. The plant of the Baldwin Locomotive Works is to be built at once. Thousands of men will be employed in the buildings operations that are sure to take place this spring. Then will come, a regiment at & time, the permanent employes of the plant, the permanent residents of the city, the men who will make the locomotives that will go out to the world as the product of the Calumet region. In the meantime fortunes will be made out of the increase In the value of real estate. East Chicago wpi surprise Itself when It finds that values will double and redouble. Instead of an inflation of values such as are. found In many boom towns there are still unbelievable fortunes to be made out of the unearned increment from the land. The Baldwin Locomotive Works is the Midas whose touch will turn East Chicago lands into fortunes. And the men of today who scrimp and save, whose surplus is put into these lots and lands, will be the wealthy men of tomorrow. NEW SENATOR FROM ARIZONA TAKES SEAT Senator M. A. SnHtn. United State Senator Marcus A. Smith, of Arizona, former delegate, who baa been electert to represent his state in 'he United Statea Senate, took his seat officially on April L u

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