Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1912-03-22
CHAPTER xvl.-contlnued.

You see, l give the value to the
and by building the roads, Then
sell the land ana 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
there'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
between where I'm going to build my
pier and the old pier. It's shallow wa
ter. I can fill and dredge and put IN
a system Of docks that will handle
L. a. ships. San, Francisco's
hnndresdsV elid
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 I'D over here instead OF, crossing
to 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 theiI
families. That means more houses
Leon" Jpare land, and that means me
snI III nAa here to sell them tt, the a Land
Then there's tnete Gcs~s,. uatersbed
pretty close to owning the re-,
Why not the waterworks too? Thefee'
two water companies in Oakland now,
fAghting like cats and dogs and both
about broke. What a metropolis needs
is a good water system. They can't
give It. They're stickin.the-muds. III
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 n place
the more valuable Is the real estate.
And this Is the very place for a crowd
20 herd. Look at 1t. Just look at IL!
You could never find a finer site for 9
great city. All it needs is the herd
and I'll stampede a couple OF hundre
thousand people In here inside two
years. And what's more, 1t won't Dt
one of these wildcat land booms. |
will be legitimate. Twenty years
from now therell be a million people
on this side the bay. Another thini
is hotels. There isn't a decent one IL
the town. I'll build a couple of up-to
date ones that'll make them sit up an
take notice. l went care II they don
nav for years. Their effect will NOR
than give me my money back out Q
the other holdings. And, oh, yes, In
going to plant eucalyptus, millions
them. q these hills"
But how are you going to do 1t!
Dede asked. you haven't enoug
money for all that you've planned"
I've thirty million, and If nee
more can borrow on the land an
other .hings. Interest on mortgage
won't anywhere IA eat up the Il
crease in land values, and I'll be BEL
ing land right along"
In the weeks that followed, Da
tight was a busy man. 1t meant quit
work on q COLOSSAL scdse' iOi Oon
and the adjacent country was n
slow to feel the tremendous buyin
But Daylight had the ready cash al
It had always been his policy
strike quickly. Before the othe
could get the warning Of the boom.
quietly accomplished many things.
the same time that his agents we
purchasing corner lots and emit
blocks in the heart Of the busine
section and the waste lands for Il
Do tory sites, Daylight was rushing fr'
chises through the city council. CT
turing the two exhausted water co
panies and the eight or nine IN.
pendent street railways, and getti
= his grip on the Oakland Creek Q
The hay tide-lands for his dock syste