Los Angeles daily herald., 1888-06-06
"WEDNESDAY, suNn ., ,ss,


No Duu Times.
Faith In iin future Of Los Angel
Of the section tributary TO her was
more sublime than at the y
moment. And this faith Of Angelo
their city and in the semi.tropic rel
Of the most lively character. Il h
very scdptural stamp Of q living
which inaniiesla itself in works.
Hero are a few OF our notes Of
Out on Main street, at thai
ner Of Tenth, there is
up n hotel larger than
.palnce, . of which San Francisco
long been proud. The foundation
a full block OF grounl, and four'rr
streets will bound tho structure
four sides. The foundations are
sive that they indicate u building n
TO be without n flaw al the end
next century, u building to be,
preservation al the end
demi-millenium. These fonndai
now oil laid up, an
timbers are going in place for VA
main floor Of the hotel. A great
workmen are busy as nailers all
pushing the work with all pok
patch. A saw mill is in operate
ground, which cuts the tim)
shape. This enterprise Is Ia
many Of our leading citizens, d
business men, professional mer,
and others Of all avocat
life. Clear-headed mon, n
successful business mon, they
certain a future for this city, /
do not hesitate TO put a round d
money into their great ind
The bits Of paper which reprl
stock OF the great caravansar
and by be the most treasured I
in the possession Of those vi
terested in the building Of
When its graceful outl
marked against the eky,
spacious halls are thrown
the public, when its elegant appd
are made the subject Of enthliai
ment in all parts Of the Union,
its fat dividends come in i
month, then Tie wise foresight
the magnificent paolic. spiritf
jectors of this splendid underta
be apparent.
All beholders were astonisl
fifteen years ago a great railrq
alton began to build
highway from this city AZ
desert five hundred miles
San Francisco, and across
waste fifteen hundred milo
Atlantic ocean. This as
gave way to admiration
was seen that the gigan(
taking WINS q paying financ
sition. And admiration "a,
wonder when a second line OF
laid across the mountains Of
nent to compete for the giga,
ness of Southern Califo
tering in Los Angeles.
financial kings Of this time tn
their faith in this city and Il
Lary section. Our ears are asa
month to month with the
news that in spite Of the ne
Did one is doing morehu snaep
May, 1888, overtops ia RI
same month in 1857 by Ne la,|
'f thirty per cent. well
iranscontinental hig1 NAYS kr|
ioing that all the 4 Re corpo|
he Nation are reaching
Pacific Cast term
los Angeles. 1.-THE Toaoht
'ention to n]&bt in this g
month will dEaJ twelve thousa
I'm people Wross the continej
allroads arI making preparati
winter to hfndle a tourist traye
hundred thousand people. The
of this section is SO q.
he futcre of this city and q iii
ON q commercial point Of vid
ASPIRATIONS are now being ma
lidispatch to sink $1,000, 900 in
San Pedro in order to provide
Or handling the merchandise VIII
each us through that harbor.
Here in the city a Combination
lrewdest business men of the
nshing with the energy Of qiaI
lie industry of ants, great scha
irnish us with transportation IA
etween the business center and n
mt peripheries of Los Angeles.
stem OF cable roads will be of
lies extent, and will cost 81 500
Inc City Water Company sc
o doubled its capital stock, su
the new issue, paid the ID
d spent every dollar of it in e
cir system. As soon as the
this was invested, SO marvel
city increased in populated 40
was found necessary once mo
uole the capitalization Of the conn
pay in another half millia
Ilars, and to expend the sd
ther extensions Of the water 81
1rlvate enterprise is encounter
hands IN the most substantial 4
every block in the business IN
'he city the signs of a sublime
seen. They are crystalized in /,
! marble and in carved ~
l moulded iron. Structures
up to five stories in height, and ~
to $4,000 in gold, are not indicel
q times nor Of dulness in businez
ever az any period was the erax
S section more marked, nevtl
aith and courage Of capital
Ted, never was the hope that
'ow Of the Queen City OF the AM
'er than to-day.