The herald., 1893-07-30

why panic should come in the
midst of such prosperity l cannot say,
but such as it was it did come, and I am
not sure but that it will eventually prove
beneficial. In my own business it has
cut but small figure, as my sales have
been much larger during the month just
past than they were during the cores
ponding month last season. 1 shall not
push my collections, as know it is hard
for my customers to borrow money
where they have not the cash on hand
to meet payments now coming due.
"One reason my sales have been in
creasing is that Arizona and New
Mexico dealers are sending in larger
orders this hear than ever before, and
the heavy rain in those states has in
sured them most prosperous year, es.
pecially in the agricultural districts.
Laying aside party lines, think the
United States is strong enough fnan-
cislly and otherwise to regulate its own
financial policy without reference to
foreign powers.
"Free coinage is essential to the best
interests of not only the west and south
but to the middle and laboring class oi
the United States as whole. / deem il
a matteri OF vast Importance that the
United States government should pass q
pure food law and enforce it, thereby
preventingothe adulteration of food pro-
ducts. wipse, liquors, etc.
"We ehipelarge quantities of Califor.
MIA wines and brandies east, and occa-
sienally make shipments to Europe, but
eastern people claim they do not often
get the same class of California liquors
there that they are in the habit OF get
ting when visiting here.
''This condition of things is directly
chargeable to the lack of proper protec-
tion, by the government permitting
adulteration of all kinds of products
without any regard as to purity. If the
government would pass laws effecting
food products similar to those in vogue
in Germany, and enforce them, the BEN
eft to vinyardists, wineries and dealers
in this locality would soon effect q
greatly increased demand for our goods
abroad"
When asked how he had been able to
work up such large trade covering 30
much territory Mr.. Last said:
'The business in which / am now en-
gagged was established in 1870 and from
tho time entered into partnership with
Mr.. Joseph Bayer In 1885, have en-
deavored to carry only carefully selected
wines and liquors of all kinds and buy
only the oldest and best brands obtain
able, as a result where once secure q
customer l almost always have been
able to keep him.
1.-The wines and brandies OF California
are as good as the European bands, only
OF eouree theirs have had more time to
age and this is the only difference.
"All the large European restaurants
carry California wines, and there ia a
good demand for them. We are sure
before very long to see q good foreign
trade in our wines and brandies. / do
not see the slightest reason for the
people of Southern California to worry
over hard time. The last two years have
been most prosperous. and every bank
that closed it's doors during the panic
and is now open ia safer and stronger
than it was at any time previous to the
time it closed.
II for one have unlimited confidence
/. in Los Angeles and Southern California,
and believe under any possible circum.
stances our business and financial con-
dition 10 bound to be as good as or better
than in any other section of the United
Statesv