Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-01-05

4
naming in Hawaii, rather than at
tempt to seek fortune by joining col
onization schemes on California
lands" is the patent advice impaired
by Charles A. Stanton. president of the
American Apprafsement Association
who is renewing his acquaintance with
Honolulu after an absence of several
years on the mainland.
He pointed out in an interview to
day that plan TO enlist colonists from
among people of territory barely
numbering 100000 inhabitants. to take
up land in commonwealth with more
than 100000 900 population, is open to
serious question. There must be some
reason behind IL" he said Either
the land offered prospective colonists
has no real value and can not be sold
there, or it has been offered far above
its productive worth. The siren call
by land agents TO lead people from
| Hawaii to take up lands in California
spells financial loss and keen disap-
pointment
The man who makes his home in
Hawaii is extremely fortunate. He
should carefully consider all extrava-
CANT claims made by the representa-
tives of California land companies be-
| fore deciding on removing to the main
land. My advise is: Stay where you
are and forget migration to the main
land on rainbow chase
There are as many opportunities
in Hawaii as there are in California"
says Stanton, who possesses an inti-
mate knowledge Of colonization gain
ed through many years of experience
in the real estate game, and since leav-
ing Hawaii few years ago he has
decided on a career in which he in
tends to devote his entire time in the
development of service corporation
known as the American Appraisement
Association. Its mission is to stand
ardize an appraisal service and put it
into practical commercial use for the
purpose of improving the present
methods of handling agricultural
lands. 81.
Poor People Fleeeed.
81 have seen so many poor people
fleeced of their hard-earned savings by
land agents and know so much about
CALIFORNIA; land operations that feel
it my duty to give the world the full
benefit of my knowledge and expert
ence and to this end have organized a.
service corporation, not to buy or sell
or invest in land but to standardiZe
and commercialize a service that will
protect and help the buyer, seller and
agent alike. 1t is simply PROPOSE
ton of introducing economy, efficiency
and honesty into the land business
something that is greatly needed.
= You will probably be surprised
when / tell you that over 80 per cent
of the land companies in California
failed because Of their inscriptions,
extravagant and spectacular methods
In forcing the sale of land above It's
productive value without any regard
for the poor fellow who invests his
hard-earned savings.
Mr.. Stanton says that land compa.
mics and agents abuse colonization in
their efforts to obtain large profits
and quick results. ),
Agricultural land should not sell
for more than its productive value.
While it is perfectly legitimate to
make a profit in colonization. which
means the buying Of land at whole
sale and selling it at retail, the price
to the purchaser of small tracts should
not exceed its productive value.
Colonization Abused.
at is the rule in California, where a
tract of land costs say $50 an acre.
the land company will first add the
profit which, say, will amount to 2Oo
per cent, making the price which the
company hopes to net about $150 per
acre-which amount is then doubled
In order to provide a fund equal TO
80 per cent of the selling price for
spectacular selling campaign, making
the selling price $500 per acre, when
In all probability the productive value
Is not more than $125 per acre. There
fore the man who buys pays SITS per
acre more than the land is worth. |
California is an ideal field for I'M
scrupulous land operators. Its diver
sified agriculture and variety OF SOIL
and climatic conditions give so mucn
room for deception. You cannot de-
termine by observation or demonstra-
ton of adjoining land the character
of land you are buying. Worthless
land Will De IOuuu TlSuI oSAO0o SAO
highway from highly productive acre
age. A birdseye view of San Joaquin
valley. for instance, would lead to be-
lief there was a uniformity OF SOIL
when in fact the farm you stand upon
may have deep sandy silt while the
adjoining farm on the right will be
cursed by the worst kind OF hard pan
and the farm on the left affected with
aIkalai or adobe.
People Should Not Leave Here.
TOO much care cannot be taken IN
buying land in California. The at
tempt to enlist settlers from the Ha-
waiian islands to California is an /
abuse of colonization | say this be-
cause it is an attempt to take people I
from a country with a small popula-
ton that in reality needs immigration +
the purpose of colonization IS
To build up rather than destroy coun-
tries and to distribute rather than TO,
deplete populations.
Had Hawaii congested population
urni1ld no a Q11--E