The Punta Gorda herald. [volume] (Punta Gorda, Fla.) 1893-1958, 1916-12-07

mild winters.
The Armour Company of Chi
cago, recognize the trend of events
in Florida and have built at Jack
sonville big packing plant witt
capacity for about $4,000 hogs
week and from 800 to 500 head o.
cattle, and a like number Of
sheep.
But it is not alone in agricultur
al lines that Florida is progress
ing. Her cities are wonderful
hives if industry and are among
the fastest growing cities in the
country.
Tampa, for instance, has recent
ly become the seventh port of inn
portance in the United States. Mi
ami, thatseighteen years ago was 9
sand dune, is today magic city
of 10000 inhabitants. Aladdin
with his wonderful lamp never
dreamed of accomplishing such {
wonderful transformation in sc
short time as has taken place il
Miami Miami is the favorit,
town of many Western million
aires, and they are building pal
aces upon the seashore of great
SplendOr and beauty,
1t was published IN the local pa
pers of Florida last spring thai
Mr.. Burrows, of rustless screer
fame, of Brooklyn, who purchased
a corner property in Miami fol
$55, 900 a few years ago, has re.
fused $4,000 for it and stated
that it was not for sale.
Orlando, Daytona, st. Peters
burg, Key West, all the towns a.
long the Atlantic Coast and the
Gulf, are growing wonderfully
and behind them the back country
is developing in a substantial way
that insures their growth and
prosperity.
The tourist season is a splendid
tonic in promoting the growth OF
the state, but it is the army OF
newcomers that settle on the farms
every year that supply the bone
and sinew for this growth.
This army of home-seekers is in
creasing every year and will show
a remarkable increase in the next
few years because of the wide
spread cooperative movement in
Florida to advertise the state s
advantages and to develop its re-
sources.
A notable movement along these
lines is the Florida First adver-
tising campaign, in which many OF
the cities and counties are partic-
ipating through their boards of
trade and OTHER local organiza-
tions. Funds are raised by asses
sing a levy of 10 cents per capita
of each community contributing
and the little towns get the same
benefits from the advertising as
the large cities.
The Southern Settlement and
Development Organization under
the direction of Clement S. Ucker
and r. M. Pindell, vice-president,
is doing splendid work for Flor
ida and the South generally.
The great trunk line railroads of
the South are also powerful fac
tors in building up Florida.
1t is a noticeable fact that Flor
ida's great opportunities for the
profitable investment of capital
are more appreciated in the West
than in the East. The bond
houses of the West have purchas-
ed most of the public improve
ment bonds of Florida though
the local banks are now becoming
active competitors for these Sc
curities, as the Florida banks
are beginning to pile up with cap
ital.
Florida mortgages paying s per
cent interest on fifty per cent val
uation are among the best invest
ments, and it surprising that
Eastern capital has not yet enter
ed this field. These securities are
among the best investments in the
country, as the day of cheap land
in Florida is passing and volues
are increasing very rapidly
JAS. r. Murphy, in The Kansas
City Bulletin and Building News.