The population of Kansas City, according to the statistics of the Board of Trade, increased from 41,786 in 1877 to 165,924 in 1887, the assessed valuation from $9,370,287 in 1877 to $53,017,290 in 1887, and the rate of taxation was reduced in the same period from about 22 mills to 14. I notice also that the banking capital increased in a year—1886 to 1887—from $3,873,000 to $6,950,000, and the Clearing-house transactions in the same year from $251,963,441 to $353,895,458. This, with other figures which might be given, sustains the assertion that while real-estate speculation has decreased in the current year, there was a substantial increase of business. During the year ending June 30, 1886, there were built 4054 new houses, costing $10,393,207; during the year ending June 30, 1887, 5889, costing $12,839,808. An important feature of the business of Kansas City is in the investment and loan and trust companies, which are many, and aggregate a capital of $7,773,000. Loans are made on farms in Kansas, Missouri, Nebraska, and Iowa, and also for city improvements. Details of business might be multiplied, but enough have been given to illustrate the material prosperity of the city. I might add a note of the enterprise which last year paved (mainly with cedar blocks on concrete) thirteen miles of the city; the very handsome churches in process of erection, and one or two (of the many) already built, admirable in plan and appearance; the really magnificent building of the Board of Trade—a palace, in fact; and other handsome, costly structures on every hand. There are thirty-five miles of cable road. I am not sure but these cable roads are the most interesting—certainly the most exciting—feature of the city to a stranger. They climb such steeps, they plunge down such grades, they penetrate and whiz through such crowded, lively thoroughfares, their trains go so rapidly, that the rider is in a perpetual exhilaration. I know no other locomotion more exciting and agreeable. Life seems a sort of holiday when one whizzes through the crowded city, up and down and around amid the tall buildings, and then launches off in any direction into the suburbs, which are alive with new buildings. Independence avenue is shown as one of the finest avenues, and very handsome it and that part of the town are, but I fancied I could detect a movement of fashion and preference to the hills southward.