Los Angeles herald., 1907-12-15
BUYING EXPECTED TO SHOW
STEADY INCREASE
coLoNIsTs MEAN PERMANENT
BENEFIT
Resumption Of Work In Industrial
World and Avoidance Of specu-
Iatlon VIII Lead to Invest
ment In Land
RY G. q. DAVIS


money market, much of which was
given as news and much of which was
also stated in the way of warning and
encouragement. This is in line with the
policy Of the department. To Keep
abreast Of the progress march, to give
the news. all of it and the best OF 1t,
down to date. and to present the sehti-
ment which prevails among the pro-
gressive and reliable firms and to express
a word of cheer on the outlook and
word of warning when circumstances ad-
wise In the nature of the case 1t is i'm
possible to be optimistic over all things
at all times, but facts patent to us all
force the conclusion that when Los An
geles cannot be cheerful the remainder
Of the country must certainly be doomed
to ruin.
Time was when the city's chief source
of support for it's prosperity was thought
to be, and rightly, too, the annual crop
of tourists and oranges. They are still
immensely important elements; she is
still glad to extend the hand of warm
welcome, but she has reached point In
her great forward movement when these
two crops can be counted upon as re-
liable as the recurrence of the seasons,
and can be trusted to take care OF them
selves.
The feature of great interest now is
the stream of colonists pouring in each
fall and spring. 1t is stated on reliable
authority that 100000 have come to the
state during the year 1907. That the
largest majority of these found their
way to the southern part of the state
will go with the saying. What this will
mean in a permanent way, it would be
difficult to compute. 1t may not mean
as much temporarily as the winter
crowd of tourists, tourists as contrasted
with colonists, because the tourist
comes to enjoy himself and this costs
money in California as well as else
where. He lives at the best hostelries,
patronizes the leading cafes, spends his
evenings among the theaters, visits the
beaches and does numerous other things
which only well-filled purse can per-
NIT. But when the season is at an end
he returns to his eastern haunts and one
source of revenue is lost until the frosts
and snow and sleet remind him that
there is pleasanter place to enjoy life.
We can always count upon his recurring
visits.
CoIonists Mean Permanency
But when it comes to permanent bene-
fits faith must be pinned to the peo-
pie who come to stay, the colonists, and
nothing has done so much to give Los
Angeles and all the southwest a feel
ing of security during the stringency
from which relief is now coming as the
crowded trains of homeseekers this fall
It has meant new wealth produced by
sturdy ranchers and keen sighted busi-
ness men, more brain and Drawn to meet
emergencies, to till the soil which has
long awaited skillful hands and to mar
bot he xubf0h shall from
the valleys and down the foothills. No
doubt any of these people several years
ago visited the southwest and went back
home with the intention of coming to
California to found new homes as soon
as circumstances would permit. Bullying
granaries lifted the mortgages, money
lined pockets and now they are satisfy
ing their desires. This explains the
heavy buying of country property in
progress, the heaviest the section has
ever experienced.
Ranch Sales Increase
And there seems to be general feel
ing among the dealers of the city and
surrounding towns that the movement
will gain strength as the months go by.
Returns from the soil are so sure, and
money invested in land is considered so
safe that the little furry we had will
lead a great many more people to place
their savings in farms, large or small,
according to the bank account Farmers
from the east who have found it hard for
make a living on forty or hundred
acres, will. as the truth becomes palmer
to them, be glad to avail themselves of
the opportunity of securing five, ten
or twenty-acre ranch where more than
a comfortable competence can be earned
under congenial skies.
TT is also confidently he1ieved bv those
in a position to know that before many
months have rolled by money will be
plentiful all over the country and conse-
quent1y loans will be cancelled and 9TH
ers will be made with comparative ease.
Stagnation in the Industrial world is not
expected to be long continued Daily
papers are now bulletining the resump-
ton of work and the return of workers.
Fortunately factories were not caught
overloaded with goods, and the naturally
heavy demand in all lines at all times
have enabled manufacturers to place
themselves in a position where they can
start the wheels turning. 1t has also
been stated by those high up in the
railroad world that within the next two
years transcontinental lines must double
track through to the coast, because they
are now utterly unable to handle the
traffic offered them. At present one may
money market tied in tight knot and
confidence undermined, but it is certain
ly safe to believe that these great tasks
will be taken care of when the capacity
OF the American people for accomplish
ing the things they set out to do is so
great. If this be true and it is not
likely any one will gainsay 1t, we may
expect labor to be reasonably plentiful
and money much easier
All This will fuaap ~ rronan.I
prosperity for the southwest. 1t will
enable many who have long cherished a
desire to come here to realize their am
bition and. a larger proportion will look
to the country for homes. Add to this
the fact that after panic people always
seek safety in real estate and there is
pretty strong probability that the in
creased number of dealers who have
turned their attention to country prop
erty will find their course justified.
ss7. SIP and $1eS for $3.50 and $500 pianos
at Great Sacrifice Sale of Fitzgerald
Music and Piano Co., 113 South Spring
street. See announcement on page 8, part