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Letter from Dixwell Lathrop to John Rockwell, 11 June 1835
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In Chicago, as in much of the Northwest Territory, the division of the land into lots for sale led to feverish land speculation. In 1835, John Rockwell commissioned Dixwell Lathrop to purchase land in the city as an investment. In this letter to Rockwell, Lathrop discusses the auctions of lots in Chicago. He is unimpressed by the town, and the price of $155 per square foot for water lots strikes him as "crazy." He announces that he will probably "bring your money home with me."
The Electronic Encyclopedia of Chicago © 2005 Chicago Historical Society.
The Encyclopedia of Chicago © 2004 The Newberry Library. All Rights Reserved. Portions are copyrighted by other institutions and individuals. Additional information on copyright and permissions.
The Encyclopedia of Chicago © 2004 The Newberry Library. All Rights Reserved. Portions are copyrighted by other institutions and individuals. Additional information on copyright and permissions.