The Red Cloud chief., 1912-02-22
CHAPTER xvl.-Continued.

"You see. I give the value 10 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 It. I'm
going to get my hands on some Of that
water front and the tde.lands. Take
between where I'm going to build my
pier and the old pier. It's shallow wa
ter can fill and dredge and put In
a 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 up 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 their
ht' lllb1' IoNN'N
and more land, and that means me,
for I'll he there To sell them the land
Then there's the water. I'll come
pretty close 10 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
IL n good water system. They cant
give It. 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 crowd
to herd. Look at il. Just look at It,
You could never find finer site for a
great city. All 1t needs Is the herd,
and I'll stampede IA couple Of hundred
thousand people In here inside two
years. And what's more. it won't be
one of these wildcat land booms It
Will be legitimate. Twenty years
from now therell be a million people
on this side the bay. Another thing
Ia hotels. There isn't decent one In
the town. I'll build couple of unto.
date ones thatll make them sit up and
take notice. ! won't care II they dom I
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 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 III be sell
Ing land right along"
In the weeks that followed Day
light was busy man. 1t meant quick
work on colossal scale. for Oakland
and the adjacent country was no
slow to feel the tremendous buying
But Daylight had the ready cash anc
II had always been his policy tS
strike quickly. Before the other!
could get the warning of the boom. h,
quietly accomplished many things. A
the same time that his agents wer.
purchasing corner lots and entr,
blocks In the heart of the business
section and the waste lands for fac
tory sites, Daylight was rushing fran
chses through the city council. car
turing the two exhausted water con
panies and the eight or nine inde
pendent street railways. and gettin
his grip on the Oakland Creek an,
tbs bay tide-lands for his dock system