The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1894-01-20
WAITING Fok "soFr SNAPS. :"

There are a great many people in Los
Angeles today from the east who are
thoroughly infatuated with this section.
They realize its overshadowing attrac-
tions; and. in dim way, they have a
notion that it's future is going to be very
brilliant. Notwithstanding their favor
able prepoesessions as to our climate,
railway and geographical advantages,
they have heard OF the great boom"
which eliminated in 1888, and which
resulted in few wrecks, and precious
few, when we come to sum them up.
Probably NO community ever passed
through such drastic experience as
Los Angeles then did with so few disas-
tiers as characterized that period. and for
the simple reason that merit was be
hind the expansion which at that time
was perhaps pressed too near tbs limit
of the danger line.
We well remember the way that boom
grew. For years Los Angeles had been
regarded ss one of the ''cow counties;"
and, all ct once, she chose to assert her
self, with all her infinite possibilities
ahead. Some one had, for instance,
purchased snug place at the mouth OF
some caiion, where the air was an abb
solute specific in ali canes OF asthma and
catsrrh. The proprietor was gaining
health hand over hand when some east
ernsr, similarly afflicted. would come
along, size up the place as exactly suited
to his complaint, and offer fancy price
for it. The owner, having thoroughly
prospected the country, and knowing
he could do as well else here, cheeffully
sold to the newcomer, planted himself
in fresh fields and pastures new, and
the process went on dd iaftnitttna, with
the natural result of enhanced prices.
Was anybody injured in this process?
By no means. Everybody was bene-
fitted, both in health and in pocket. If
not in the latter Immediately, they will
be ultimately, because the region OF the
United States or of the world that pos
sesses the peculiar climate OF our loot
hills is limited indeed.
These lands are today selling for the
very smallest price that they will ever
sell for. The United States, almost be-
fore one can draw a second breath,
will have a population of one hundred
million souls. In this large constitu-
ency there are hundreds OF thousands
who must keep an oblique eye on
their health, and who must HE
them to climate that will ad-
NIT of their both living and working.
Southern California is the only region
that presents such desiderata within the
limits of the United States.
But Los Angeles neither desires to be,
nor will she become a sanitarium.
There are hundred hooks in the region
tributary to her that are admirably
adapted to that purpose. The city itself
is superbly placed to become one of
the great commercial emporiums OF the
world. We have every element of
growth, railway, commercial, geograph-
icsl, and in the variety and value of our
products. We have whole continent
behind US. Manifest destiny points out
Los Angeles az the leading city of the
Pacific coast. We have gone through
our crucial period. There are no "soft
snaps' here. The lowest prices that
any man in q generation will see are
rnling now. Instead of making money
by waiting, the dilatory man will be
left out of the most magical increment
of values which will be recorded any
where on the American continent dur
ing the next decade.
1t is said that everything is possible
to the man who can wait. This ie true
even as to Los Angeles real estate. The
man who waits for this choice article to
fall lower will find it quite possible, if
he waits five or six months, to buy it at
double the prices that now prevail. The
''soit snaps" were picked up long ago.
There are no more in the market. The
problem that will confront the buyer
hereafter will be that he will have to
pay pretty nearly double what thing
is worth now to own it. The weak
holders have all been weeded out in the
friction OF the past five years. Values
will undoubtedly enhance in Los Ange-
les in the future aa in the past, and the
longer man waits the more he will
have to pay for Los Angeles realty. This
10 the law and the prophets of the mat