The San Francisco call., 1910-08-20

There is a general feeling among the
real estate men of the city that the in
auguration of through passenger and
freight service of the Western Pacific
railroad next week will be great fac
tor in the upbuilding of the city and
state. On this subject member of the
firm of j. W. Wright & Co, says
Owing to the failure of the railroads
to promote development the interior of
the state has not been built up as it
should have been, and this has ham
pered the growth of this city. If the
Western Pacific proves to be a really
competitive system, as we believe 1T
Will be, it will mean vastly MOI e
productive country back of us, and this
can not fail to make real estate more
valuable in this city.
There is more activity today in the
interior districts than at any time in 25
years, and this is only the beginnin 6
of a new order of things that will mean
great prosperity to San Francisco. If
the Western Pacific does what is pos
sble for such great system to do, and
what we believe it will do, its entry
into California will be the greatest
event that has occurred for 40 years,
since the Union Pacific opened up over
land traffic with the east"
Herman Shainwald says:
The coming of the Western Pacific
naturally means more business for the
city and this can not fail to have a
good effect on all classes 'of real es-
tate
G. H. Umbsen expresses the follow
ing views:
We have been doing so many
new things during the last four
years that few people realize the
the Western Pacific to San Fran
cisco. One of the immediate effects
is to increase values of real estate
in, the business and warehouse dis
trict. Shrewd investors are already
looking the ground over with
view to getting property along the
water front that viii be benefited
by the new railroad From in
quiries that l have received I feel
sure that several millions will be
invested within year traceable to-,
this cause.
Without a doubt the Western
Pacific will make itself felt in
coastwise traffic just as 1t has Sc
cured an oriental connection with a
Japanese steamship company. OF
course. this will stimulate activity
all along the. water front. In a
year from now there will unques-
tiona bly, be great Improvement in
realty throughout this district.
The effects of the new railroad
will of course be felt throughout
LIN tiNN eIlC dllioHS tilc new Low ifS
and cities all around the bay. 1t
is a great event and ought to be
more widely appreciated.
Madison & Burke made the follow
ing statement:
What we most need now is an
influx of people into the city. That
is what the Western Pacific will
bring about. They will carry their
advertising and colonization cam
paign into new fields in the richest
parts of the east and middle west.
This will undoubtedly set a tide of
travel toward this part of Cali
fornia. This fall and winter we
shall begin to see the vanguard of
this new immigration
Once these people come they will
be fascinated with our city and
them as permanent residents. They
will want homes and places of busi-
ness and this will improve the real
estate business.
Oscar Heyman expresses the follow
ing opinion
Benefits will come to this city in
several ways. A new transcontinenta1
line will naturally attract many tour
lists over its line. While the Southern
Pacific and Santa Fe carry a very large
part of their tourist traffic to Southern
California, the Western Pacific will
bring all its tide of travel right to
our doors. The tourists will naturally
make their headquarters here, while
radiating to all parts of northern Cali.
fornia. Many will doubtless be, at