Richland beacon. [volume] (Rayville, La.) 1869-1890, 1888-07-21
BUNCOMBE AND BOOMING.
What a Baltimore Newspaper Calls
Bartcring Ones Birthright.

/ see a big crowd of Baltimore money
kings, accompanied by some newspaper
men, have taken nice trip to Admission,
Alabama. hope the boys had a very
good time and enjoyed their champagne.
They went there i'll tow of a young chap
named Howard Marshall, who showed
them the beauties Of phenomenal city.
Just to convince them that Admission Is a
good place for land speculation. Well,
what is Admission after alll A town that
boasts ten thousand inhabitants. 1t IL
true it has received lots of free advertis-
ing, but what in the world is Admission
to anybody outside of Admission! Why
shouldn't the newspapers see thas
they're giving lot of gratis advertise.
ment to town "way down in Alabama,
that they would begrudge the friendliess
patron of their own columns. If jour-
nalism really pants for n town of ten
thousands inhabitants to puff. why
haven't they given Woodberry 70
show. Its right next door here.
and will be part of us after y
while. Now as said this especial trip
is to encourage land speculation. That
is to say some Admission people have an
idea that if they can get lot of outsida
folks to come down and buy the lanI
they will be doing the town a service.
This is one of the rankest heresies of tho
age. II YOU want TO kill any place,
however blest with natures convenien-
ces, start the pcrnicious system of
speculating i'll land. 1t simply means
advancing the price Of the very thing
that the town depends upon, to n figure
that will withhold it from use when 1T is
needed. In other words, the element
of success of locality is cheap water!
cheap transportation by reason of advan-
tageous locality, deposits that can ba
worked with the smallest outlay ot
labor and machinery-hence cheap d";
posits and cheap everything. Now lan's
which, with labor, is the great factor oi
wealth, must be cheap. Put land bN
speculation one iOta above what the natl
ural development of the town encouraged
actual users to take upas rapidly rs the!1
need it, and you will find it will not bi
taken up as soon as natural deyelopI
ment would utilize it. Then comes {;
check to the spreading out. Speculation
does this little trick. Goodbye, Annis'
ton.
Now suppose for time that land vail
ues boom. Somebody sees this Balti1
more money bag or that one, buy stril'
of Admission earth at an advance abord
the original purchase price. The mex,
adjacent owner puts his land up To thd
same figure and 50 do all the rest!
Hello, land on the raise" says sonnet
body. "Here's plot I'd like to have
Baltimore man owns it. Telegraph to
him How much for that acre.' Tho
answer Genes $1,000 advance. The re-
ply goes, 20. X, I'll take it." Balti-
more man has made So, 900 in a fortnight.
Is Admission any better off,
John Brown star,ed o machine shop
two years ago in this phenomenal city.
He added a boiler factory and got treI
mendous lot of orders. He soon finds
he must erect a shop a half acre square
and have another half acre of yard. Hs
tries to buy the exploited acre for bust
ness that will will give a thousand Ant
niston men $4,000 every week irt
wages, to support the stores, the schools!
churches and theatres of Admission. Hd
says, "How much for that acre." ''S1O,-
600 advance" ''Zewhillikins, too steep!
Id have to run my business ten years t0
make the cost of the land And is NV
own acre now in use worth that much'''
"Oh, yes, I'll give You half million fot
it right now"
"You don't say so. Why, | bought il
for $500. | couldn't make half million
at the boiler business in forty years.
The lands yours. I'll discharge NV
men and get out of business. "-ErerJ
SATURDAY.