Daily Los Angeles herald., 1882-05-06

mere vaporer. We steadily retained
our belief in the outcome which was GER
tain to be an incident of the develop
ment of the most eclectic spot on the
American continent. The HERALD, in
common with the city and county OF
Los Angeles, underwent temporary
eclipse. In running this Journal dur
ing those sad and memorable years, we
have seen times when an existence, for
month ahead, seemed to be a matter
of doleful speculation. Somehow or
other, something always occurred which
pulled us through. Our experience was
that of the county at large. There was
. time when the display of the Sheriff s
advertisements prevented great gaps
from being made in the advertising col
umns of the Los Angeles papers. AT
that time the Sheriff was great 'bear"
on Los Angeles real estate. In May, OF
last year, the HERALD, which has al
ways been remarkably sagacious jour-
nal in local matters, told the outside
world that the midsummer of 1881
would witness the transition from low to
steadily approaching values in real es-
tate. We accompanied this statement
by the other that, in the case of every
man who should buy Los Angeles city,
or county real estate from July, 1881,
EDWARDS, would be the beneficiary of
remarkable enhancement in real estate
values. We added that the best prov
ince of a newspaper, published ina grow
ing country, was its ability to advise
people as to the opportunity for making
iudicious investments in real estate.
No man will walk into our sanctum
to-day and tell us that we gave him any
thing but words of most wise counsel in
May, 1881. The man who will fail to
say that the HERALD, at that time, both
to the city and county of Los Angeles,
and to the prospective investor, was not
judicious counselor, is an individual as
to whom truth is stranger.
To-day we propose to speak with the
prescience which has been approved by
the event SO often chronicled since we
controlled the columns of the HERALD.
We beg to say, with great impressement,
and we should like to have this article
filed away for future veri6cation, that
Los Angeles, city and county, is to-day,
by long odds, the most promising trans
continental railway center of which any
note can be made ON the American con-
tinent.
For the first time, in all the PROPOSE
tions which involve pecuniary consid-
Grafton, from Kansas City to Denver,
Los Angeles is seen to be the true bust
ness center. Bearing in mind what we said
in May, 1881, illuminated by the specially
artistic ILLUSTRATED HERALD of that
date, we now say that the best field for
investment OH the American continent is
Los Angeles city and county. We
should be dead to all the right impulses
of human nature were we not to say, to
all investors with money, first investi-
gate-see that you are not deceived, and
then stand by the development of
Southern California, with Los Angeles
as its center. 1t is really aston
ishing, the degree to which inves-
tors may be led to forfeit this opportu-
nifty to make big money. Notwith-
standing their fatuousness, we still full
fill mission to the outside world, which
we propose to make conscientious. In
the San Gabriel Valley land is selling
to-day at figures which are preposter-
ously under all reasonable quotations.
There are many acres which, to-day,
may be bought in the Alhambra and
Lake Vineyard tracts, at seventy-fve to
one hundred dollars per acre which,
within three years, will sell for from five
to eight hundred dollars. We should
be recreant to our duty as a journalist
interested in the public, were we not to
note this prosaic fact.
Having talked about the practical
features of Los Angeles city and
county, we know of nothing which
rules us out of the exercise of our per-
sonal imagination. The Divine poet
has said that, "as the Imagination
"bodies forth the forms of things un-
"seen, the poets pen turns them to
" shapes, and gives to airy nothing, a
"local habitation and a name" Were
we endued with poetic faculty we
should have a great reserve in an attempt
to pourtray what lies ahead for this
county. As matter of mere narrative
we believe that, in ten years from to-
day, Los Angeles county will produce
from ten to fifteen million dollars year
Of California wines and brandies. Not
only that. but we believe that this
county viii be the center of the most
eclectic, esthetic and multiform produc-
ton recorded on this globe in the cur
rent decade.
Los Angeles city and county are not
only in their virile youth, of remunera-
tive and interesting production, but
really in their infancy. The attempt to
enclose this masculine and virile infant
Pacific Coast in the swaddling clothes
of New England blue law regime will
be one of the ''boss" jokes of the age.
Without any hesitation, we ask our
friends to watch the outcome. A cos
mopolitan delivery, as opposed to New
England repressive ''lay out" may be
confidently expected from the people