American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1912-05-02
CHAPTER xvi.-ContInued.

you see. I give the value to the
and by building the roads. Then |
sell the land and get that value back.
and after that. there's the roads, all
carrying folks back and forth and
earning big money. Can't lose. And
here's all sorts of millions in 1t. I'm
going to get my hands on some of that
water front and the tide-lands. Take
,etween where I'm going to build my
pier and the old pier. It's shallow wa
.er. | can fill and dredge and put in
4 system of docks that will handle
hundreds of ships. San Francisco's
water front is ~congested. No more
room for ships With hundreds of
ships loading and unloading on this
side right into the freight cars of
three big railroads. factories will
start up over here instead of crossing
10 San Francisco. That means factory
sites. That means me buying in the
factory sites before anybody guesses
the cat is going to jump, much less.
which way. Factories mean tens of
thousands of workingmen and their
families. That means more houses
and more land. and that means me.
for I'll be there to sell them the land.
Then there's the water. I'll come
pretty close to owning the watershed.
Why not the waterworks too? There's
TWO water companies in Oakland now.
lighting like cats and dogs and both
about broke. What a metropolis needs
Is a good water system. They can't
give it. They're stick-in-the-muds. I'll
gobble them up and deliver the right
article to the city. There's money
there. too-money everywhere. Every.
thing works in with everything else.
Each improvement makes the value of
everything else jump up. It's people
that are behind the value. The big
ger the crowd that herds in one place.
the more valuable is the real estate.
And this is the very place for a crowd
to herd. Look at it. Just look at it!
You could never find a finer site for a
great city. All it needs is the herd,
and I'll stampede a couple of hundred
people in here inside two
years. And what's more, it won't be
one of these wildcat land booms. II
will be legitimate. Twenty years
now there'lI be a million people
On this side the bay. Another thing
IS hotels. There isn't a decent one in
town. I'll build a couple of up-to.
date ones thatll make them sit up and
notice. | won't care If they don't
pay for years. Their effect will more
than give me my money back out of
he other holdings. And. oh. yes. I'm
going to plant eucalyptus. millions of
hem, on these hills"
But how are you going to do it?"
Dede asked. You haven't enough
money for all that you've planned"
I've thirty million. and ii | need
more ! can borrow on the land and
)ther things. Interest on mortgages
won't anywhere near eat up the IN
ng land right along"
In the weeks that followed, Day
light was a busy man II mean quick
work on a colossal scale. for Oakland
the adjacent country was not
to feel the tremendous buying.
But Daylight had the ready cash and
Il had always been his policy to
strike quickly. Before the others
get the warning of the boom. ne
accomplished many things. At
he same time that his agents were
corner lots and entire
blocks in the heart of the business
ection and the waste lands for fac
DRY sites, Daylight was rushing fran
hises through he city council, cap
uring the two Nausted water com
anfes and the hit or nine indie
endent street Re ways, and getting
lis grip on the Oakland Creek and
he haY tfde-lands for his dock system