d Rochester. The largest elevator on the line of the railway has been built, at a cost of over $20,000; its capacity is 50,000 bushels, and it has a mill capable of shelling and loading twenty-five cars of corn a day. Near by is a flax mill, also run by steam, for converting flax straw into stock for bagging and upholstery. Another engine is used for grinding feed. Within four years there has sprung up on the property a village containing one hundred buildings, called Sibley by the people, which is supplied with schools, churches, a newspaper, telegraph office, and the largest hotel on the route between Chicago and St. Louis. A fine station house is to be erected by the railway company.
Mr. Sibley is the president and largest stockholder of the Bank of Monroe, at Rochester, and is connected with various institutions. He has not acquired wealth simply to hoard it. The Sibley College of Mechanic Arts of Cornell University, at Ithaca, which he founded, and endowed at a cost of $100,000, has afforded a practic