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Chicago supplies the entire Northwest at rates presenting advantages over New York.

Chicago has stepped in between New York and the rural banks as a financial center, and scarcely a banking institution in the grain or cattle regions but keeps its reserve funds in the vaults of our commercial institutions. Accumulating here throughout the spring and summer months, they are summoned home at pleasure to move the products of the prairies. This process greatly strengthens the northwest in its financial operations, leaving home capital to supplement local operations on behalf of home interests.

It is impossible to forecast the destiny of this grand and growing section of the Union. Figures and predictions made at this date might seem ten years hence so ludicrously small as to excite only derision.

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CHICAGO.

It is impossible in our brief space to give more than a meager sketch of such a city as Chicago, which is in itself the greatest marvel of the Prairie State. This mysterious, majestic, mighty city, born first of water, and next of fire; sown in weakness, and raised in power; planted among the willows of the marsh, and crowned with the glory of the mountains; sleeping on the bosom of the prairie, and rocked on the bosom of the sea,

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CHICAGO IN 1833.

the youngest city of the world, and still the eye of the prairie, as Damascus, the oldest city of the world, is the eye of the desert. With a commerce far exceeding that of Corinth on her isthmus, in the highway to the East; with the defenses of a continent piled around her by the thousand miles, making her far safer than Rome on the banks of the Tiber;

with schools eclipsing Alexandria and Athens: with liberties more conspicuous than those of the old republics; with a heroism equal to the first Carthage, and with a sanctity scarcely second to that of Jerusalem-set your thoughts on all this, lifted into the eyes of all men by the miracle of its growth, illuminated by the flame of its fall, and transfigured by the divinity of its resurrection, and you will feel, as I do, the utter impossi bility of compassing this subject as it deserves. Some impression of her importance is received from the shock her burning gave to the civilized world.

When the doubt of her calamity was removed, and the horrid fact was accepted, there went a shudder over all cities, and a quiver over all lands. There was scarcely a town in the civilized world that did not shake on the brink of this opening chasm. The flames of our homes reddened all skies. The city was set upon a hill, and could not be hid. All eyes were turned upon it. To have struggled and suffered amid the scenes of its fall is as distinguishing as to have fought at Thermopylæ, or Salamis, or Hastings, or Waterloo, or Bunker Hill.

Its calamity amazed the world, because it was felt to be the common property of mankind.

The early history of the city is full of interest, just as the early history of such a man as Washington or Lincoln becomes public property, and is cherished by every patriot.

Starting with 560 acres in 1833, it embraced and occupied 23,000 acres in 1869, and, having now a population of more than 500,000, it commands general attention.

The first settler-Jean Baptiste Pointe au Sable, a mulatto from the West Indies-came and began trade with the Indians in 1796. John Kinzie became his successor in 1804, in which year Fort Dearborn was erected.

A mere trading-post was kept here from that time till about the time of the Blackhawk war, in 1832. It was not the city. It was merely a cock crowing at midnight. The morning was not yet. In 1833 the settlement about the fort was incorporated as a town. divided on the propriety of such corporation, twelve voting for it and one against it. Four years later it was incorporated as a city, and embraced 560 acres.

The voters were

The produce handled in this city is an indication of its power. Grain and flour were imported from the East till as late as 1837. The first exportation by way of experiment was in 1839. Exports exceeded imports first in 1842. The Board of Trade was organized in 1848, but it was so weak that it needed nursing till 1855. Grain was purchased by the wagon-load in the street.

I remember sitting with my father on a load of wheat, in the long

line of wagons along Lake street, while the buyers came and untied the bags, and examined the grain, and made their bids. That manner of business had to cease with the day of small things. Now our elevators will hold 15,000,000 bushels of grain. The cash value of the produce handled in a year is $215,000,000, and the produce weighs 7,000,000 tons or 700,000 car loads. This handles thirteen and a half ton each minute, all the year round. One tenth of all the wheat in the United States is handled in Chicago. Even as long ago as 1853 the receipts of grain in Chicago exceeded those of the goodly city of St. Louis, and in 1854 the exports of grain from Chicago exceeded those of New York and doubled those of St. Petersburg, Archangel, or Odessa, the largest grain markets in Europe.

The manufacturing interests of the city are not contemptible. In 1873 manufactories employed 45,000 operatives; in 1876, 60,000. The manufactured product in 1875 was worth $177,000,000.

No estimate of the size and power of Chicago would be adequate that did not put large emphasis on the railroads. Before they came. thundering along our streets canals were the hope of our country. But who ever thinks now of traveling by canal packets? In June, 1852, there were only forty miles of railroad connected with the city. The old Galena division of the Northwestern ran out to Elgin. But now, who can count the trains and measure the roads that seek a terminus or connection in this city? The lake stretches away to the north, gathering in to this center all the harvests that might otherwise pass to the north of us. If you will take a map and look at the adjustment of railroads, you will see, first, that Chicago is the great railroad center of the world, as New York is the commercial city of this continent; and, second, that the railroad lines form the iron spokes of a great wheel whose hub is this city. The lake furnishes the only break in the spokes, and this seems simply to have pushed a few spokes together on each shore. See the eighteen trunk lines, exclusive of eastern connections.

Pass round the circle, and view their numbers and extent. There is the great Northwestern, with all its branches, one branch creeping along the lake shore, and so reaching to the north, into the Lake Superior regions, away to the right, and on to the Northern Pacific on the left, swinging around Green Bay for iron and copper and silver, twelve months in the year, and reaching out for the wealth of the great agricultural belt and isothermal line traversed by the Northern Pacific. Another branch, not so far north, feeling for the heart of the Badger State. Another pushing lower down the Mississippi-all these make many connections, and tapping all the vast wheat regions of Minnesota, Wisconsin, Iowa, and all the regions this side of sunset. There is that elegant road, the Chicago, Burlington & Quincy, running out a goodly number of

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