Daily Los Angeles herald., 1878-09-26
~ Rs&esssss ..s n...f.o.orss..

~ Rssaeasss ana Msnufscsorses.
A few days ago there were fully
lhree thousand empty houses In
IA Francisco. Indeed, couple Of
uonths ago, II our memory serves
- right. there were, according to
0an Franoisco paper, nearly six
ihousAnd dwellings vacant there.
In some GASES . whole block could
- eucountsred which did not con-
Iala = single family. This was in |
remarkAbls contrast to the old bo.
naaas days, when lodgings were
searosly to be had In the accessible |
pogtIons Of the city.
Il IL very likely that the Golden
Cats h again entering on period
Of lebrIle prosperity and develop.
mont, arising from the promising
ocndltioh Of the leading mines on
ths Comstock lode. II the believers
q elsrra Nevada, Ophir. Mexican,
Unlen Consolidated, the bonanza
mIuss, Alta, Bullion and other
ietabls locations, are not mistaken,
" have seen merely the first up
hoAvals Of . movement which will
hardly spend its force until the
epeniug Of spring, and which may
result in the laying bare Of deposits
q geld and silver which will again
deWsr San Francisco with largess
Worthy OF omnipotence itself.
We trust that II San Francisco is
indsed to be the beneficiary of
striking mining developments she
will make = better and more sa-
eacIous use Of her sudden riches
than she did four years ago.
Barring . few mammoth hotels and
gaudy theatres. there Is little in
San Franciscs to-day to show for a
treasure outpour unexampled in
any four years in the worlds his
terry. The visitor who passes some
weeks in San Francisco struggles
In vain, when he Is Informed that
three hundred thousand inhabl-
gauts are claimed for her, to dis.
cover how half that number can
make . living, especially when he
rsmsmbsrs that this enormous city
is located in . State which only
e3ntains eight hundred thousand
pssple, and In section whose total
population, including Nevada, is
net . fourth of that Of the State OF
New York. And here comes In .
very pertinent truth.
Were San Francisco, as she ought
to be, . city of manufactures, she
IL superbly placed to command a
market unsurpassed In desirability
and extent. Opposite to her is the
pspulous region of the world-Asia,
Australia and the thousand other
Islands Of the Pacific, which are
dwarfed by that island-continent,
- we'll as Mexico, Central and
South America, which are all easily
accsasibls by steamer or sailing
vssssl. But, lamentabls t, say,
San Francisco has not yet these
manufactures. Her people have
been 90 immersed in stock gamb-
>llng and usury that they have had
neither time nor inclination IL es-
tabllsh Industries by which poor
nsn may earn = living. is ow-
ing entirely to this fact that a
Denis Kearney has been possible.
Every mandatory In San Fran
oisoo could be taken to the sub.
urbs 0fsome Eastern cities, dumped
there and no one who passed
through It the next day could no.
ties much change. 1t Is ithe men
who earn wages who are the solid
substratum Of y city's prosperity.
The oommerce of San Francisco is,
ef oeurss, one Of the wonders of the
wssld, but q tremendous commerce
oan b handled by population OF
ous hundred and fifty thousand
psople. The city of Philadelphia,
On the other hand, whose popula-
tion must now very closely ap.
proach = million, has compars.
sivsly small commerce, but she has
. variety and magnitude of manu-
faeturing establishments which,
with her tremendous energy in
railway building, have been the
real sources Of her exceptional
prosperity.
Fortunately the rates OF interest
In California are becoming so mod
crate, ~ compared with the past,
that. II our capitalists were willing
e encourage manufactures, 1t ia
now possible for ingenious me
ehauies from the East to come here
and establish them on borrowed
money. We trust that this will
shortly be the CAGE with Los An
eoles, also. There are many
Branches Of manufactures which
osuld even now be founded here
and We hope we shall soon be called
upen to chronicle their establish
nsnt.