The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1912-04-19
CHAPTER xvi.-con,lnued.

you sec. give the value TO the
and by building the roads. Then
tell the land and get that value back.
md after that, there's the roads all
carrying folks back and forth and
earning big money. Can't lose And
heres all sorts OF millions In e. I'm
toing to get my hands on some OF that
water front and the tide lands. Take
between where I'm going 10 build my
pier and the old pier. It's shallow wa.
Ter. can MI and dredge and put In
system OF docks that will handle
hundreds Of ships. San Francisco's
water front II congcsted No more
room for ships With hundreds OF
ships loading and unloading on this
side right into the freight cars OF
ihreo 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 worklngmen and their
families That means more houses
and more land. and that means me.
Tor I'll be there TO sell them the land
Then there's tho water. ri 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 metropolis needs
Ii n good water system. They can't
give II. They're stickin.the. muds. m
gobble them mp and deliver the right
article To the city There's money
here. 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 IL the real estate.
And this In the very place for crowd
20 herd. Look NJ H. Just look at Il!
You could never find finer site for
great city. All II needs is the herd.
and I'll stampede couple Of hundred
thousand people In here inside two
years. And what's more. II won't be
one Of these wildcat land booms. II
will be legitimate. Twenty years
from now there'll be n million people
On this side the bay. Another thing
Is hotels. There isn't decent one IN
the town. I'll build n couple OF upto
date ones that'll make them sit up and
lake notice. won't care II they don't
pay for years. Their effect viii more
than give me my money back out OF
the other holdings, And. oh yes. I'm
going TO plant eucalyptus. millions OF |
them, 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 |
other things, Interest on mortgages
won't anywhere near eat up the In. /
crease In land values and IN be sell. |
Ing land right along"
In the weeks that followed. Day.
light was a busy man. II meant quick
work ON colossal scale. for Oakland
and the adjacent country was not
slow TO feel the tremendous buying.
But Daylight had the ready cash and
II had always been his policy TO
strike quickly. Before the others
could get the warning Of the boom. he
quietly accomplished many things. Al
the same time that his agents we're
purchasing corner lots and entire
blocks In the heart OF the business
section and the waste lands for fac,
tory sites, Daylight was rushing fran.
chlses through the city council. cap
turing the two exhausted water com
panies and tho eight or nine indie
pendent street railways, and getting
his grip on the Oakland Creek and
iha hay tlde.lands for his dock system.