The Hawaiian gazette., 1909-05-04
A BIG FUTURE
AHEAD F0R ISLANDS

] country winch Va good one fof young
men TO grow up In and make their mark
and fortune. They say that opporiuui.
iies nowadays are not No frequent. bot
believe they are. Tho great North.
west Is one Of the most thriving nor.
iions Of The United States, and there
are opportunities everywhere. There
is siill room down here for more Irw ms
and Bishops and other prominent men
Of today who began their financial ca
reers among you.
Mr.. Law inquired about the holdings
Of government lands. and asked whether
there was not vast area which Is now
| government land that could be opened
up TO development under settlers. As
TO the plantations, he thought il wise
matter to let the plantations develop
and for other industries to take her
lands
As TO San Francisco, he naturally
takes great deal of pride in the great
western city which has risen above its
own ashes in less than three years to
one of the finest cities in the United
States. The faith of its own financiers
in its future and the faith of outside
capital is back of all its great rebuild
ing enterprise, and even today mag
nifieent city has risen above the ruins.
He said that only a week before he left
San Francisco the president of a great
New York life insurance company went
to San Francisco and was convinced
that 1t was good place TO loan money,
and negotiated loans amounting to
about million and half dollars. with
promise of more in the near future.
Business is returning 10 the former
commercial centers, Market street has
come into its own again, the temporary
business streets out in the residence
districts are being vacated, and one has
really to look for ruins to know that
three years ago San Francisco was al
most utterly wiped out Mr.. Law saws
that the high rate of insurance will not
permit Van Ness avenue, which up to
a few months ago was the temporary
fashionable shopping center of the city,
to be used for cheap stores. Nearly
all the big business houses have gone
into their new permanent quarters down
town, and the temporary structures in
front of Van Ness residences are being
removed and people are beginning to
take up their residence again.
I II think that Van Ness avenue will
become a fashionable hotel street." he
added. 1T is admirably adapted to
that business. ! have had talks with
some of the leading men of that sec.
ton about the matter, and l belle We
that plan will eventually be carried
out. On my own property am build
ing for Mrs. Adler what may become
the finest rest sanitarium west OF
S Chicago. The building alone will cost
i. a hundred thousand and will be clos,
!. onto a quarter of a million dolla,
| proposition when ready"
At the time Of the great fire. tn,
Law brothers were the owners of tn,
- great Fairmont Hotel, which they hat
!. | purchased from Mrs. Oelrichs seven
: teen days before for a fsw million
dollars. The fire Quilted the magnjf
cent building leaving only the wall
n standing. The building originally COS
!, about $3,500,0OO. and the furnishings
:, which were not complete, half a mil
lion more. Ii had not been a payinj
9 proposition when they bought the bus
. mess. Nothing daunted, they recon
. structed the building at a cost o
y, about s2,000.0O0 Recently the Fair
mont was sold back to Mrs. Oelrichs
and in the exchange Mr.. Laws Sc
! cured about forty acres of valuabl
- lands on the harbor front between
:, Van Ness avenue and the Preside
That whole section is to become
% busy section of San Francisco. TIL
- railroad is to be run under the hills
= emerging back of the forty acres, nea
- where the Army transport docks an
~ warehouses are to be built. Nj. Law
,s is also interested in many large build
"a ings downtown, among them being tn
:, big and handsome Monadnock build
~ ing on Market street.
m You would hardly know Marke
* and adjoining streets now" continue
is Mr.. Law. 1T is lined with magnif
al cent buildings, of a pleasing architeC
h tural design, and solidity showing /
n every line. The new Palace Hotel /
1 completed outside, but is incomplet
IL inside. 1t bears no similarity to tn
v old Palace. but will be much bct.e1
s. The new wing to the ST. Francis HI
r tel does not even give them enoug
ell room. The hotels are thriving Hal
e riman is doing big things over in tn
n fiat lands below the Southern Pa
A. citic. where the tide lands have bee
filled in. It's difficult to say wher
the city is not being developed. Loan
It are better now, and, of course. eve
e. in the hardest times. the men who ha
money, the banks, etc, put thei
n shoulders to the wheel and pushet
D. and put in their money, backed II
II enterprises, put more money in ther
T. when they needed cash, and are sti
u doing 1t. 1t is one of the most ma
x velous recuperations known. San Fran
:, cisco is better than ever, and 1t is on
y of the greatest OF commercial cite.
= 1T seems strange to come way dow
y here In the middle of the Pacific an
find oneself in the midst of such
:. scene as this" and Mr.. Law nodde
Ia to the animated groups of beautiful,
~ dressed women on the lanai of tn
:. Moana Hotel. why, this might be
10 hotel in Southern California or dow
a In Florida. It's hard to realize tina
10 one is down here In tropical Homo
N lulu. II shows that the American !
| nDnIIlafinf NIL rte ,f he D,