The searchlight. [volume] (Culbertson, Mont.) 1902-current, 1912-03-29
CHAPTER xvi.-Continued.

you see, give the value to the
land 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
there'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 to build my
pier and the old pier. It's shallow wa.
ter. can I'LL and dredge and put In
Q 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
to San Francisco. That means factory
sites. That means me buying in the
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.
two water companies In Oakland now.
lighting like cats and dogs and both
about broke. What a metropolis needs
Is good water system. They can't
give II. They're stick-in- 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 one place.
the more valuable is the real estate.
And this is the very place for a crowd
to herd. Look at II. Just look at IL!
You could never find finer site for a
great city. All 1t needs is the herd.
and I'll stampede a couple OF hundred
thousand people In here inside two
years. And what's more. II won't lie
one of these wildcat land booms. II
will be legitimate. Twenty years
from now there'll be a million people
On this side the bay. Another thing
Is hotels. There isn't a decent one In
the town. Ill build a couple of up-to-
date ones thstll make them sit up and
take notice. | won't care II they don't
pay for years. Their effect will 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 ito
Dede asked. You haven't enough
money for all that you've planned"
1--WE thirty million. and II need
more l can borrow on the land and
other things. Interest on mortgages
won't anywhere near eat up the In.
crease in land values. and I'll be sell.
Ing land right along"
In the weeks that followed, Day.
light was a busy man. 1t meant quick
work On a colossal scale. for Oakland
and the adjacent country was no,
slow to feel the tremendous buying
But Daylight had the ready cash and
Il had always been his policy to
strike quickly. Before the others
could get the warning of the boom. he
quietly accomplished many things. A,
the same time that his agents were
purchasing corner lots and entire
blocks In the heart Of the business
section and the waste lands for fac
NY sites. Daylight was rushing fran
discs through the city council. cap
e1ring the two exhausted water com
Danies and The eight or nine indie
Dendent street railways. and getting
Bis grip On The OAKLAND Greek and
Ne bay tids-lands for his dock system