THE ERIE COUNTY SAVINGS BANK--A MILLION DOLLAR BUILDING.
ENORMOUS MANUFACTURING CAPITAL.
The foregoing are simply instances of many new enterprises that have lately been started in Buffalo. The manufacturing establishments of this city tripled during the ten years between 1880 and 1890, and the proportion of increase since 1890 has been much greater than before. It is believed that the capital invested in manufacturing enterprises of all kinds in Buffalo amounts to nearly $100,000,000. What will it be after the full force of Niagara’s lightning has struck us?
AN ETERNAL POWER HOUSE.
The source of Buffalo’s electrical power is the force in running water, but unlike almost every other water power it is never-ceasing. Its supply comes from the hills and watersheds of half a continent. The Niagara can never run dry, can never diminish in volume to make an iota of difference. It is the narrow end of a funnel through which a resistless force must ever flow. It is a force that will always exist. For all time the power of the Niagara developed into electricity will turn the wheels of industry within the great city upon its banks. No emergency steam plants will be needed, as on the banks of many rivers, to supply the place of failing water power. Niagara’s power is eternal.
A GREAT FIELD FOR INVESTORS.
Nowhere on the North American continent is there so grand a field for investment as in Buffalo. Values here have been and are phenomenally low. It has been and is a conservative city. There has never been a boom in Buffalo. There has been increase in values, but no inflation, no boom. Talk of a Buffalo boom has been heard, but the presence of a boom is here denied most emphatically and earnestly. Values in Buffalo and vicinity are lower than in any other progressive city of its size in the country. There has been so much available land that inflation has been checked. A great deal of Buffalo property has changed hands within the past year or two, but at very reasonable figures. Millions will be made within a few years by landholders, and without effort on their part. A dollar planted in the soil of Buffalo today will spring up as two dollars next year.
When a city doubles its population it at the same time quadruples the value of its real estate. It is freely prophesied that Buffalo’s population will be doubled in five years, quadrupled in ten. The cheapest power in the world and unequalled shipping facilities--by railroad, lake and canal--will produce this wonderful metamorphosis.
Cheap power! Cheap freights! A world of wealth is contained in the combination.