Los Angeles herald., 1906-07-22
FOR EXCHANGE
Real Estate

(Cor. Sd and Spr1ngD
Political economists, the public and
the press are alive to the dangers to
arise from corporate and individual con
centration Of wealth Senator hlkins
sagely says: I'VE have mastered the
art Of making money, but we know
nothing of its distribution" In 1874 our
own John ID, Rockefeller was reputed
bankrupt. John is today accredited
with possessions upward of six hundred
million dollars. one man during period
of thirty-two years, having concen-
trated to himself, legally at least, the
productions of over one million men.
We now count our millionaires by the
thousand, and we are making billion
aires in alarming numbers. Statesmen
of this day comprehend Seenly the situa-
ton, but know not or dare not apply
remedical conditions. The sign-writer
hereby humbly suggests the way out
of this wilderness into which we haze
been led in our frenzied search for
gold. Society Is necessary to Civiliza-
ton and the production of all yeath.
No one man can accumulate wealth
without the aid of society, hence society
and the individual accumulator are
silent partners People as whole con
stitute society and all people as ndi-
viduals are accumulators and In har-
mony with that infinite law OF evou-
tion-"The survival of the fittest" the
httest accumulates the most. Such are
the fruits of ambition, and ambition
Is essential In the development Of man
and the world. Hence we must not
stifle ambluon by placing limit on
acCumuat ations; but If society is neces-
sary to production and accumulation Of
all wealth, then society is vitally iii
terested I'm all wealth accumulated, and
If so IL seems to me, and very clearly,
too, that when the hour of dissolution
has arrived and the acCumulator has
passed over to give an account of his
stewardship to that infinite Power of
all, then is the time for distribution.
Of
departed accumulator, burt deal justly
also with his silent partner, society,
which was equally instrumental in the
creating and the accommodating. BY
amendments to the United States and
state constitutions, limit on just lines
the amount of wealth any one indi-
vidual may inherit from any one estate
and the residue Of that estate to accrue
to the state with which to build schools,
hospitals and establish all public util-
ties for the benefit of the silent part
ner, society.
1, the writer offer this as ra-
tional distribution without inimical re-
suits to individual ambition. Think this
over 1t does one good to think at
times, and while thinking and per-
chance evolving Improvements to this
plan of wealth distribution join the
ranks of the accumulator, catch the
spirit of the times, make money Make
all the money you can; get your share
of this worlds goods, but get it honest
ly. Seek the wizard" the best trader
in the United States, who is always
a our office. Let him engineer your
money-getting problems, and if you do
1t, when you come TO die and your
administrator has rendered his account
ing of your estate, your heirs and your
silent partner, society, will say: 1T
bulletin again today. All new stuff.
Bless his dear old soul (and it is old,
too), he made many happy hearts during
the past week, because he made many
trades. Are you one of his trading
96O-Value $500; West 3Oth street. near
Grand. Modern. 1O-roOm house; lot look
175. In exchange want alfalfa ranch
somewhere near Los Angeles.
947-Value $500; Avenue Forty-two; ;
lot 50X150; Groom house, barn, fruit and
flowers; also valued at $500, on West
23d street, between ST. James Park and
want small ranch near Anaheim,
Whittier, Santa Ana or Fullerton.
50O0-Valued at $4,000. on East 51st
street, hve-room cottage, $1,000 equity.
39th and San Julian, two lots valued at
$500. 10 acres of ground, with 10 shares
of water, near Cucamonga value s2400
To exchange for beach property, resi-
941-Value $4,000. On Budlong avenue,
mortgage $4,000. At Playa del Rey,
palatial residence, cost $4,000, and clear.
Also fine residence at Playa del Rey,
cost $500 to build. clear. Want to eX-
change this for alfalfa ranch, walnuts
or good suburban.
5247-On East 18th street, z block east
of Central avenue. a new elght-room
modern house, value $500, $500 incum-
brance. On Royal street, between Jeffer-
son and S2d, one block from Figueroa,
five-room modern cottage furnished
value $3SOO. Incumbrance $1,000 On
Washington avenue, beautiful lot fac
ing Van Ness. value $500 Incum-
brance $3.50. Will exchange either or all
of this property into smaller property
where we can gat some cash difference
and give YOU snap.
951-Value S11.5OO. At Venice, lots 6, 8
and Q, in Country Club tract. Clear Of
incumbrance. These are fine business
properties. Want to exchange this into
Los Angeles income.
959-At Venice, lots to s, block 10;
lots / to s, block e; lots / to l6 block % :;
lots / to II, block %; ranging in price
from $500 to $1,000 each: all at Venice.
viii exchange into any value in Los
Angeles or nearby, and assume. Now
is the time to buy beach property.
949-At Ocean Park, choice vacant
lots adjoining Venice, value from $1,000
to $4,000. One lot at Sunset beach, value
S1200, This property is all clear. Want
to trade into good city property separ-
ately or together. VIII assume or cash
$50 lots 27x12O. constituting an en-
tire block from street to street at Ala
mitos Heights tract. block 10, over
lyptNill6 uNtdH ~ 4NfiiltS' Scllllb II plil
$500 to $500 each WIN exchange this
into Los Angeles or nearby property.
Assume or cash difference.
925-At Venice canal, Vernon terrace.
nice five-room mission cottage. VIII
rent for $S5 a month. IT is worth 5000,
and will give somebody an awfully good
trade for the equity of $500 Owner
going away. Any value considered
699-Nalue $500 and a snap. Between
ocean and trolley paved street, 12-room
house; income between $500 and 5000 a
year. Exchange for smaller property.
Owner Is i'll. Needs money.
S7S-Value $65OO Incumbrance $1,000 on
East 23d street, two lots 100x15O Wan t
to exchange this into a small chicken
ranch of few acres. This is fine
property,
506-Cincinnati avenue, Boyle Heights.
Value S35OO cash Clear of incumbrance.
SiX-room modern new house, oiled
street. Want a farm in Iowa, Nebraska,
Washington, Colorado, Dakota, Minne-
sofa or Southern California.
$3.50 acres at the Palms, between the
ocean and Los Angeles. Beautiful ground.
highly improved. excellent water plant,
ineXhaustibe water supply Vall7e.
$4,000. Want to exchange this into good
eastern.
9i5-At Moneta California, near Re
dondo; two lots, 1O0Xl50 store building
40Xi0, Fourroom house in the rear of
store. Stock of groceries. feed coal,
etc. Stock to be taken at invoice value
value $500 Want to exchange this for
good lands 80 or 40 miles from the