The daily star-mirror. (Moscow, Idaho) 1911-1939, 1919-10-15
INCREASING LAND VALUES.

few years ago if any one had
1redicted that Palouse capltalsts
would make fortunes by buying land
in the Palouse country at from 9loo
IN $40 for speculation, and reselllng
it in a few days or weeks or montns
at a big advance, the man predicting
it would have been examined by
lunacv commission. Yet this has come
IN mass. Many farms in the immedl-
,ta vicinity of Moscow have been sold
two and three times within a lew
months, each time at an advance IN
price that gave the seller neat
profit -.
palaouse citizen who sold his
farm for what was regarded as the
record price at that time, $86 per
acre returned to Moscow yesterday
after an absence of nine years, to see
that land and other land around IT
valued at $3.50 to $175 per acre. AND
wise men say the top has not peen
reached and will not be until the
price goes mucH miguel
People are learning the real value
of farm lands, and especially those
in the Palouse country. In the Waila
Walla district lands have ranged
from $40 to $50 per acre higher than
in the Palouse for many years, pc
cause Walla Walla is an older settieo
district and people know what that
land will produce. But it IS no petter
much of it not as good-as tne
Palouse lands. For the past 10 years
farmers have sold their lands IN the
Walla Walla, Dayton and Waltsburs
districts and come north OF Snake
river to buy better lands at lower
prices. Land has brought from Sloo
to 5000 per acre in those older
settled sections for many years.
Now new source of supply OF
land buyers has been opened. 1t is
from the eastern-the middle western
states that buyers are coming ana
taking our lands at prices when
would have been deemed fabulous
few years ago.
Vet these BUYERS realize that they
are getting bargain. One OF them
said to the writer: II sold my land
for s165 per acre last spring and 1t
has since sold for 5000 per acre.
came to Latah county and bought
better land for S115 per acre. Land
in nv old neighborhood in the middle
west is bringing as high as S30o per
acre, but it is not as good, VIII not
produce as much per acre, and the
climate is not as good as Latah
county. expect to see many OF my
tneiphbors come here and buy land.
One of his neighbors has since come
and bought land for $125 per acre and
knows he got bargain.
The fact remains that there are few
very few-sections of the United
States with as rich, fertile and pro-
ductive land as can be found IN Latah
and adjoining counties of Idaho and
Washington, where land is selling as
low as 5000 per acre. Men are making
fortunes by buying this land and re-
selling it in short time at big
profit. but the man who buys and
holds it will make the biggest profit
ma IA "a
The same bunchf that announced
that President Wilson had received
"gifts worth half million dollars
from the crowned heads of Europe"
are now bowling that President VIII
son has a slesion on the brain" or
has "softening of the brain and has
had it for 10 years" This reminds
us of the old adage that "The truth
itself is not believed from one who
often has deceived"
"a Ne m
millions of Germans are looking
with longing eyes at America" says
press dispatch. That's nothing. The
former kaiser Cooked with longing
ewes" at the whole world and see what
to him.