Los Angeles herald., 1908-03-29
Good Warrant for Good Prices

/ have shown what l consider fully
warrants the present price of our
real estate by stating what rate of
interest can be realized by it's being
improved. Now, as to it's future in
crease i'm value, while this is problem
atical to a certain degree, yet as before
stated | believe il Is as sure as night
is to follow )day. Why? l refer you to
our population of 1900 and today; the
above statistics relative to buidlng
our climatic conditions; our geograph-
ical location; the improvements being
made for harbor at San Pedro; our
surrounding and tributary territory;
and last, but not least, the intelligence
of our citizens. 1t is true that this is a
land of sunshine and homes-the win
ter metropolis and summer outing city
of America-and from this very fact
Los Angeles and Southern California
has showered upon it no less a sum
than $25.OOO,000 a year by our dear
friends from back home" who come
out here to enjoy our sunshine, look us
over and incidentally to escape some
unpleasantness in the way of climatic
conditions "at home If nothing more.
We as a people appreciate this; we ap
preciate seeing them. Yea! we welcome
them. We know we have good thing"
and yet in ii we are entirely unself1sh
time trying to let others know about
it. writing them to come and share it
with us. not from a mercenary stand
point, but believing our nearest and
dearest ones can live longer enjoy more
and be happier here than anywhere
else.
Are Building for All Time
We. the citizens of Los Angeles, are
not building the city just for today or
tomorrow, but for all time. This was
fully demonstrated when the voting
population of Los Angeles by a vote
of ten to one decided in favor of a
bonded Indebtedness of S23,000,000 to
bring water from the Sierra Nevadas.
nearly two hundred and fifty miles
away and l say by such action we
proclaimed to the world our abiding
faith that one day our city will have a
population of 2000 900 people; for such
a population we believe the new water
supply will have a capacity to serve.
After our aqueduct is completed and
the water turned in our source OF reve-
nue. .therefrom will begin, and in the
course of twenty years from that time
it should fully repay the amount it
costs. Do not for one moment think
the tourist crop is the only one with
us, and while this Is duly appreciated
yet we "have Others" as the follow
ing statistics, furnished by our cham
ber of commerce, will show:a ]
Figures for 1867
For the past year, showing some of
the products of the territory surround
ing Los Angeles: Citrus fruits 10000
carloads; egetables-Celery, 5000 car
loads; cabbage 500 carloads: cauliflow-
er, $50 carloads; nuts. 1900 tons: rails
ins and dried fruits. 430 carloads; but
ter, 100000 pounds; cheese, 100000
pounds; eggs, 10000 cases: -four, 100000
barrels: canned goods, HOO carloads;
pickled olives. 100000 gallons; olive
oil. 100000 gallons: beet sugar. 50, ,343,-
100 pounds; wine and brandy, 100000
gallons: beer, 100000 barrels; petrole-
um, 30, O,00O,O 900 barrels; beans, 10000 tons.
Total valuation, including manufac-
tured products, $110,000,000.
Doubling Thomases may come and
go, but Los Angeles will continue to
grow, for within her area of sixty-one
square miles we can provide you and
yours with anything the heart may de-
sire.