Los Angeles herald., 1907-08-25

whom we have the honor of entertaining
here tonight.
"The combined capacity of these eight
factories is figured at about 10000 tons OF
beets. or 1000 tons of granulated sugar, per
day. The average seasons run Is 100 days.
so these eight factories could slice 1,OOO,OOO
tons of beets each year, or the product of
1000 acres of land.
THE average cost of sugar factory IN
this state is about S1,500,0O0.
$1o,ooo,ooo Product
Even as an infant industry California
is now producing on the average nearly
s10,OoO,OOO worth of sugar per annum.
There are seventy-one beet sugar fac.
tories in the United States, producing
nearly 100000 tons of. beet sugar per an
mum The consumption of sugar In the
United States amounts to $140,O00,0O0 per
annum Eighty per cent of this vast total
Is imported from Europe and the tropics.
1T will take 500 new beet sugar rae
tories to produce the sugar now consumed
in the United States.
california leads all other states In the
high percentage of sugar reached In her
beets, high purity in the beet hlgh yleld
of sugar per ton, and also In what is
called in sugar beet circles her long cam
active operations in the field may be sue
cessfully carried on"
Following General Otis speech, Madame
Johnstone Bishop rendered vocal solo,
entitled california" by Carrie Bond.
She was heartny applauded.
Judge P. S. Rishel spoke on THE
Optimists," as follows:
"This banquet think is prelude to
a renaissance in the development OF new
industries and an attempt to colonlze
vacant lands, to make solitary places
glad and the desert to grow alfalfa
and figs instead of thistles sugar beets
instead of sour grass, and fat kline IN
stead of cotton-tails and jack rabbits.
This is the age of development.
To-day plenty of capital labor-saving
machinery and cheap transportation are
the potential factors in the race for su-
premacy in the industrial world In these
factors our country stands at the head,
for. we have $17O, 900 in the national
treasury and the wealth yearly flowing
into the federal Golfers is $500, 900. 600,
while our circulation Is about So, 600, 100000.
The money on deposit in the banks of
Los Angeles is about $100000,000. The out
look for the future is full of promise,
crops are abundant, prices are good,
labor Is we'll rewarded and the demands
of trade are greater than the supply.
"There is no good reason for a shrink
age in the volume of business. Few
men today realize the wonderful op-
portunities this country now presents to
men of enterprise and high courage.
MANY of us fail to realize the fact
that all of our available territory will be
as densely populated as Belgium and that
manufacturing plants will be as thick
here as in Birmingham.
1.-The great national project for the
irrigation of the San Joaquin valley,
covering more than three million acres
of land, fertile as the Nile, will main
tain a population of two million people
and this number is equal to one-fortieth
of our entire population.
"Who will go up and possess the land
and build factories, great or small?
Los Angeles is now the metropolis of
the state and she rejoices in her free
industrial labor, her great harbor, ana
the life-giving waters and electrical en-
ergy soon to flow in great abundance
from Mt. Whitney"
l.. H. Whitley of the Security Land and
Loan company was next, saying:
1T is my experience in the development
of new countries that you may have the
land and the water and the climate, and
many other natural advantages, but with
out men of means, ability experience and
courage, many very desirable sections of
the country would go undeveloped where
less favored sections, well and ably ham
died, would become developed and i'm
portant factors in the building up of our
country and great cities.
You may have good country, men OF
means and ability, and other valuable
conditions, but a few pessimists and
knockers will tear down as fast as you
can build up.
1--WE lave another class dangerous to
the people and the Countrywide man
without nerve or energy, who Is seeking
to profit by the industry and enterprise
Of others.
ION behalf of our company 1 wish to
thank the men who nave SO ably and
faithfully stood by us after the earth
quake and other calamities, and who have
aided us in making our company the sue
cess 1t is today. We can show, we think,
the greatest development ever made on
agricultural lands within the same length
of time in the United States. 1t is only
about two years since we bought the land
and only about twenty months Of actual
development.
"Our developments extend nearly
twenty-five miles along the line of the
Santa Fe.
Territory Vast
'rt is no easy matter to establish a
beet sugar factory.
There are a great number of places
offering special inducements, there
being only seventy-one beet sugar fac
tories in the United States and but one
or two a year being built.
after carefully investigating and
considering other propositions we de-
cided that our own home people, headed
by Nathan Cole, jr.. and his able asso-
ciates could and would make good, and
we have, after persistent efforts and
giving them a large bonus-in fact all
they asked and a little more-induced
these gentlemen to build us fine fac
tory, one of the best and most up-to-
date, second to none.
Before closing up the matters relating
to the building Of the factory at Corcoran
hu the Pacific Sugar cnrnoratinn took