Lincoln County times. (Jerome, Idaho) 1911-1919, 1912-04-18
CHAPTER xVi.-Contlnued.

You see. | give the value to the /
and by building the roads. Then !
sell theSland 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
here's all sorts OF millions in II. I'm
going TO get my hands on some OF that
water front and the tide-lands. Take
between where I'm going 10 build my
der 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 Franciscos
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 M over here instead OF crossing
o 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
.wo 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
give IT, They're stickin-the-muds. III
robble them UP and deliver the right
irticle 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
he more valuable IS the real estate
And this is the very place for crowd
70 herd. Look at It, Just look at IT,
You could never find a finer site for g
great city. All It needs is the herd
and I'll stampede n couple OF hundred
> thousand people in here inside 'tw'
: years. And what's more. II won't b'
) one of these wildcat land booms. !
= will be legitimate Twenty year,
. from now there1l be a million people
: on this side the bay Another thini
is hotels. There isn't decent one II
the town. I'll build a couple of up-tc
:, date ones thatll make them sit up AM
take notice. | won't care If they don
pay for years. Their effect will NOR
than give me my money back out O
!. the other holdings. And. oh. yes. III
/ mil a
n them, on these hills"
q But how are you going to do It?
Dede asked You haven't enoug
money for all that you've planned"
/ I've thirty million, and If nee
y more ! can borrow on the land an
other things. Interest on mortgage
l. won't anywhere near eat up the II
crease In land values. and I'll be sci
: ing land right along"
In the weeks that followed. Da
light was busy man. II meant quic
work on a colossal scale. for Oaklar
and the adjacent country was m
slow to feel the tremendous buyin
But Daylight had the ready cash al
IL had always been his policy
n strike quickly Before the othe
m could get the warning of the boom.
at quietly accomplished many things.
the same time that his agents We
purchasing corner lots and emit
n blocks In the heart of the busine
=. section and the waste lands for ia
4 tory sites, Daylight was rushing fra
chises through the city council. ca
turing the two exhausted water co
a. panies and the eight or nine in'
Oh pendent street railways. and getti
kss his grin on the Oakland Creek a
II | - - =. IL Al. .,.ut 4,