Los Angeles herald., 1905-04-13
CONFIDENCE IN FUTURE OF
LOS ANGELES
SEE GREAT FUTURE FOR CITY
Prominent Men Of Affairs Urge All
Interests to Unite for the Up-
building Of City Of
Angels

joyed a banquet last night at Levy's
and listened to papers on the subject,
whittier Are we Drifting-A Glimpse
Into the Commercial Future of Los
Angeles"
Perry NJ. Weidner presided as toast
master. He said that the occasion
was one at which the exchange of
ideas on the topic chosen he hoped
would give birth to better ones for
the advancement of the commercial in
terests Of Los Angeles and the further
ing of friendly relations. "The officers
always have the best interests of the
city at heart for the present and
future. fasteners wonder how we
live, and so do we. We are here to
talk about that point and other SUBJ
jects."
II. w. Frank Speaks
H. w. Frank of the clothing firm of
Harris & Frank was presented as the
first speaker. THE future of Los An
geles," he said, '"is a subject that in
terests all people of the community,
especially the wholesalers, the retailers
and the taxpayers. Who dares prophesy
the future of the city-what it will be
ten years hence, with the new trans
continental railroads, the new harbor,
and the opening of the Panama canal?
The future is indeed bright and prom
ising.' The speaker gave attention to
the past and present business districts
and called attention to the high rents
for business property which might Gre
ate new districts. Supply and de-
mand create values and fix rental val
uel," said Mr.. Frank. He urged
friendly spirit socially and also in
commercial relations.
Mr.. Hamburger Optimistic
D. A. Hamburger of the firm of
Hamburger e. Sons, reviewed the re-
markable growth of Los Angeles from
1881 UP to the present time, which he
claimed was all due largely to the ideal
climate, eXcelling that of the south of
France. This section of southern
California is $50 miles in length and
1t Is to be thickly populated by our
friends from the east who will come
here to live in the sunshine in COM
fort" Touching upon real estate
values, Mr.. Hamburger stated that
the eastern people created the values.
They saw the advantages and came to
buy and profit by their investments.
1T will take ten years to definitely de-
termine the value of property in Los
Angeles and to fix the fair rental value
in population. We should go slow and
grow strong, showing to the world that
we are good for every dollar of our
obligations The business center will
be south of Fourth street on Spring.
The middle streets will be built up ami
business will extend to Ninth street,
and from Los Angeles to Figueroa. 1t
is better for all interests that the busi-
ness district should be compact. 1t
lessons travel and is better for the
public"
F. M. Coulter Speaks
F. M. Coulter. of the Coulter dry
goods company, said: "The business
of Los Angeles is founded upon a firm
foundation, and the future of our city
is fraught with great possibilities in
many respects. We should watch our
seaport, allowing no combination of
men or corporations to get in control
of our water front Only a few people
are pessimistic as to the future of Los
Angeles, than which there is no more
public spirited community in the whole
country. Twenty-Five years ago the
retail district was confined to three
blocks and the wholesale section to
one block. Now there are 100 blocks
in the retail district and many blocks
for the wholesalers. Competition is
sharp, but there is unity in standing
up Tor our perfect climate; we are all
reaching for a higher education; our
womans clubs are growing in numbers,
and political and other clubs multiply.
but the reformers are increasing.
Strangers have justly complained ,f
the dust in our streets. 1t is a detri-
ment to health and steps should be
taken to remove cause for complaint"
Frank Simpson Of the fruit firm of
Hack & Simpson reviewed in part the
points made by the speakers who pre-
ceded him, and said: Los Angeles
ranks today twenty-thrd in popula-
tion; eleventh on the list in building
advancement, and our bank clearances
for last week show an increase of
thirty-five per cent over the corre-
spending week last year. Our growth
has been phenomenal. We are not |
drifting. We are growing. Can you
point to more effective work in unique
and effective advertising, or more un-
selfish action exerted for the benefit
Of city and mercantile community
than evidenced by such bodies as the
chamber of commerce, Merchants and
Manufacturers association, board of
trade and Credit Mems association ?"
Impromtu addresses We're made by
Q. p. Clark and George Stewart.
aN..... . I.u