Los Angeles daily herald., 1889-11-02
Mr. 1. w. Holman Returns From
Europe.


Europe.
A representative of the HERALD yes
terday grasped the hand of l. w. He'll
man, the President of the Farmers and
Merchants Bank, at that institution, on
his return from European trip which
has embraced seven months. This we'll
known fnancier, who years ago rejected
the offer of an annual salary of $25, 900 to
manage the business affairs of Michael
Reese, in order to still supervise the
looks enormously improved in health by
his long vacation. He says that here
after he does not propose to subject him
self to the arduous exigencies which
threatened him with either an early
death or an impaired vitality. He recog-
nizes the force OF the Latin legal aphor-
ism which runs that he who does by an.
other does by himself, if that other,
which means the agent is supervised by
his principal, which is pretty sure to be
the case in the affairs Of the Farmers
and Merchants Bank.
MIR. Hellman has been such an abso.
lutte agent for good in this community
that we are pleased to note his robust
health and his ssnguine views as to the
future of this city and county. Without
resorting, in all cases. to the tedious
formula of question and answer, we will
briefly give the result of HERALD re-
porter's interview with this we'll known
Angeleho.
He has observed that Los Angeles has
been vastly improved since he was last
here. He also notes an activity of build
ing improvement which cannot be chron.
icled of Kansas City, Denver, or any
other of the smaller cities of the United
States.
Reporter-How did you find matters
in New York, Mr.. Hellman?
Mr.. H.-New York is special propo-
sition outside of the ordinary cities of
either Europe or the United States.
There is q speculative element about
New York that takes that city outside Of
any other American metropolis, and it
will often be lively when other Ameri-
can cities are dull, on that account.
New York is rapidly becoming the
financial center of the world. In twenty
years from today New York will sup.
plant both London and Paris in the vol
ume and importance of her financial
transactions.
Reporter-Where did you spend your
time principally while in Europe-mainly
in Germany?
Mr.. HI only spent about six weeks
of my seven months vacation in Ger
many. put in good deel of my time
in Carlsbad and at other places in Aus
tria, which practically means Germany.
spent a great deal OF time, and very
delightfully."- to myself, in Switzerland.
We talk about our California mountain
scenery, and doubtless it is quite equal
to, perhaps superior, to that OF the Alps.
But in Switzerland they have got the
incidents of travel down to the detail oi
perfection. By the way, apropos of this
matter, would like to talk to you about
the hotels that ought to be multiplied il
Los Angeles. told Hammel & Denker,
when they projected their Tenth-street
hotel, that what they ought to do was to
erect smaller hotel, which would fur
nish a couple of hundred perfectly ap-
pointed rooms, with lawns, flowers and
shrubbery, as accompaniments. In Swift.
zerland they have been devotipg several
hundred years to getting the service of
guests to the point Of perfection, and
they deal largely in lawns and flowers.
AS typical illustration we might take
the city of Ipterlacken, which is city
of hotels. Switzerland in summer is an
indescrioably beautiful region. AS nine
tenths of the revenue OF the Swiss people
is derived from tourist travel they cater
to it. The hotels there have fine lawns
and gardens. They expect to make their
money in a season which lasts only three
months, and when the season is over
they close up. In the United States, es-
pecially on the Pacific Coast, we erect
colossal hotels, and if they are only full
for two or three months in the year they
of San Francisco is the best example of
the lesson l seek to convey. There is q
hotel claiming from ], 1000 to 200 rooms
that has never paid. What we need in
Los Angeles is about dozen first-class
hotels of 200 rooms each, and not more.
Reporter-What did you think of the
Paris Exposition?
Mr.. H.-A simply incompatible MACS
ing OF the wealth and productions of the
world. | spent two weeks in Paris, and
felt that l had seen nothing, so vast and
incom mnensursble was the display. In
that brief space of time one had only an
opportunity of taking bird's-eye view of
the accumulated wealth, productions and
significance Of the world. But I had
time to note the shameful insignifcance
of the American portion Of the display.
The Government of the United States
made liberal appropriation-sufficient
to admit of this country's building, like
Mexico and other Central and South
American countries, striking and at
tractive building, to be supplemented by
the rich displays which would have
poured into it. But, as usual, the sixty
millions Of progressive, educated Ameri.
cans were defeated in their aspirations
to represent their urrivaled country by
the spirit Of jobbery. We wore 80 far
behind Mexico, and the other Spanish
American countries, of only a small
fraction of our population, that the blush
OF shame mantled the cheeks OF the
visiting Americans.
At this stage Mr.. Hellmans callers
became so numerous that the repre-
sentative of the HERALD took his leave.
He is glad to be able to say that the
veteran and invincible banker returns
more than ever believer in Los Ange-
les, the city in which he has made bis
wealth and personal significance, and to
Whnno pvoOpoac ba 10 vv,ora Shc~ o-o.