NEW WESTERN TOWN is usually provided with a public square, and the business houses and shops are arranged along the four sides of it in sentinel-like position, the corner lots going at a premium, and where the most substantial buildings are erected. Waterville, however could not boast of a public square, but it had two iron bridges spanning the Thief River.
A large stone grist mill had been built on the side of the river opposite the town, and on the elevated ground beyond, it was said the State Agricultural College was to be built.
It was a favorite pastime with the real estate agents to sit on the depot platform, and while waiting for the incoming trains, to whittle pine sticks into shavings, telling of the different manufactories, state institutions, colleges and asylums, etc., that would be located in the near future at Waterville.
That evening after Vance had made his purchase of town lots he strolled away by himself across the great iron bridge, and gave himself up to meditation. Had he acted wisely? Would Waterville after all prove a “boom town” and his investment a losing one? Was Homer Winthrop, with his suave manners and great earnestness, which at times seemed to carry conviction to the hearts of all who heard him express himself, the noble specimen of manhood he appeared to be, or were his fascinations merely the arts of the ordinary skilled western boomer? Would the managing editor approve his action in purchasing lots in such a new and undeveloped place as Waterville?
It is a common experience with mankind, that after a doubtful transaction has been consummated, we can deliberate with far more intentness of thought than before the trade was made.
A peculiarity of a western town is its plentifulness of real estate agents, who seem to travel in swarms, and find an abiding place in the town that promises the greatest activity.