The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1916-01-10
MORE PROSPERITY POINTERS.

ONE finds ii difficult To- get
u through a DAY I" e Mexico
Just, now without amin on
go one or more indicators that point
to - year al prosperity ahead for M.
state. Tn. indicators are sticking IN
them since the nrs, of tho year, from |
San Juan county to the carlsbad
project and from L.ordsburg To- Union
county. saturday san Miguel county,
suspended the sky blue flag with ~
authenticatcd report Of the sale 81
ia. famous la Cueya ranch just,
across the line IN Mora county and
counted as one Of the shor places ui
the territory tributary To- Las Vegas
The property was bought for Chi-
cage investors and at ii cash price ~
s25o,oO0. This propeit heen con-
sidercd one of the IN n Jew MeN-
ioo. TRANSPORTATION dl'f.n ties have.
held back its d~eN.iopm"n' 3ut thes"
seem IT, have had little influence with
the buyers. who announce an lggres-
sive program OF de, elopmcnt.
The saturday papers also brought;
news Of the sale OF q ranch In otcro
count, for $4,000. This. however.
was a cattle ranch. and wherever y
cattle ranch IN New Mexico IAN b."
found for sale these DAYS It's sale gcn
orally is announced within "a hours
after the TACT becomes known that 4.
can b. had. The Interesting fact &C.
both cases II that the money Invested
in 'hese purchases was outsid. none
new cash. the one element which New
Mexico needs acre than IN, other -
insurc permanent prosperity.
~ We accepl ti" prosperity .fH
seems at hand o. tu. rropor spirit am.
de- not try to mah logs az nurs.lvc-.
1916 should and undoubtedly viii
rim som, yer, mportan, permanent
advances 20 this state. Land bui ira
on a larg. scale and land de,eloI.
m''i 'b any r'alf HhN siih'N' N"
pended in this state has been sus-
pended since 1910. In that year ~:
tightening financial lines our lanl
prices generally had become so high,
especially IA irrigated or irriea BILE DIS
tricts. that an average hard headed
eastern farmer could see no possible
way out from under the mortgage
after having paid such cash ~ he hnd
on the purchase price. some of these
prices never have got back to normal
n development al sue land II very
likely 10 he held up, good times ~
bad times. until the owners thereof
take a more reasonable view of things.
We have an opportunity tn renew the
activity Of Is03-l0 ON a very much
better financial basi. curins the pres
give over the idea of getting rich at
the expense OF sucker settlers. =
There are no more ''suoker land bug
,ts." The crop has been exhausted,
aud In spite VI the famous saying 81
ia. famous Snowman. tins particular
KIN of sucker no longer is being born
~ IN" rate of one per minute. Tn,
crop ~ exhausted and there II no
prospect of q new supply IN" neccs-
atty tot "a reasonable adjustment g
land piI0cs not only IN New MoSi''
uui throughout the west has been
urged ny men with knowledge n 81.
sion for some time This ~ what -
T. ~Seagray"s. general colonization
agent Tor the santa Fe. meant when
he said receuts
There are some commercial. or
carnations which are .rry busy res
ulnting the railroad water,l
stock but never IL tlon about
watered Hand Valuc-. is 81 hois
Of another color. Or 90, stor wora
squeezed out uf .Ju4 values = would
be enough 70 M all the r'ers bank
iull the year round making irrigation
projects unnecessary
Th.r. are many prosperity indlutt-
OTIS. Hu, in the land cuisines We
must make some concession to q ne.
kin of common sense which has been
drilled into h westward moving pop.
ulation during the past our years ~
failure IN the northwest, iu D,litoru.a.
and even closer 10 nome