The Dawson news. (Dawson, Ga.) 1889-current, 1925-10-06
FLORIDA BOOM SHOWS
|. No EVIDENCE OF BREAK
rpAVEL TOTALS REACHING
rrw RECOFa PREPARING
Ne" FOR A BS2ssDtSAsY
limit is SET AT TWO YEARS

Il Relieved 1raQ1IlS, WAl|n 40 do DAAsh
As Ever, Must Eventually Slump.
Overselling Emphasizes That What
Goes Up Must Come Down.
How long will the Florida boom
Iast2 Is it about to crash, and if it
does will the whole overblown bust
oe.s Aatten out like punctured tire?
These are questions which all thought
s III Floridans are asking each other,
and they are questions the answer to
which vast number of people outside
IT tbe state would like to know, writes
F. Essary, representative of the Bal
+;more Sun who is now in Florida.
Unfortunately no one knows the an
s,yer Guesses may be ventured; opin-
IONS NAV be held. convictions may be
6ved but as for absolute and incon-
+estib1e knowledge on the subject no
body has it and nobody with whom
q This writer has gone over the matter
oretends to have it.
No POSITIVE SyInppOInS 1 ct.
This much, however, is true: The
so-called boom has not yet collapsed
nor shown any positive symptoms OF
conapsing. There are more people
moving into Florida at this time than
IN anv other September, just as more
have moved in during the past sum-
mer than in any other summer since
time began. Moreover, all OF them are
taking money with them, little or
4 much.
Also it is true that the Florida real
Fl estate business is just as brisk now as
f has ever been, leaving out that pc
rod of hectic speculation in the Miami
district during June, July and August.
More lots and more plots probably are
beng sold today than during any day
Of the last year, even though there
are fewer resales.
Preparing for Drive.
Finally, every sales organization in
the state-the palatial outfit as well
As the shanty operators preparing
for the gigantic drive upon the multi
mde of winter tourists which will be-
d gin overruning the state in November
and not subside until March. The talk
ii of 100000 transients this season
tie pullman passenger aiId-ttii1e private
YACHT owner on the one hand, and the
Aivver wayfarer on the other.
The land companies-that is to say,
those with more than blueprlnts to
show-expect to sell more building
lots before the winter ends than have
been sold since the frenzied business
began. They expect to sell to the men
who habitually go to Florida each
year; to the thousands of others who
= will be attracted to the state through
curiosity, and then to the even larger
number of purely speculative buyers
d scattered far and wide.
Bubble Not Ready to Burst.
If these land trafickers have not
E miscalculated on the sales during the
season ahead and if the transportation
companies do not force a detiation
through the application of drastic en-
bargoes all hands here agree that the
4 bubble, if it is a bubble, will not burst
q until some time in 1926 or 1927.
The transportation embargo is the
q most dangerous thing with which
4 Florida has to deal at the moment. 1t
i threatens to paralyze the state tor an
indefinite time. Vast construction prof.
s ects in almost every section are al
4 iected. Work has been or soon Will
4 be suspended on scores OF great notes
\ which contractors were rushing to
Il completion for the winter season.
Housing enterprises, large and small
are involved
Congested Out of Reason.
Not that the Florida railroads and
. steamship lines get any satisfaction
out OF their embargoes. They are
u grlevcd to the point of tears over the
situation. They want all the business
\ they can do. They want Florida to
& boom forever. But the terminals are
q congested past the stretching point.
s Railway yards as far north as WASH
& mgton are filled with Florida-bound
cars which cannot be moved with ex-
n petition. The tie-up is SO tight that
b bankers, professional men, real estate
operators and other soft-handed gentry
are working at hundred points. IN
Florida unloading cars and storing the
freight that the embargoes may De
. lifted.
The sincerely patriotic Floridan OF
the luncheon club booster type seeks
to convince you that there is no alb
normal boom in his state. He admits
that in isolated spots there is some
land gambling going on; that promo
ters and spectators have unduly IN
Hated some prices and the sub division
development business is a little over
done on the two coasts.
Solid Ground Underneath.
But underneath all OF this, he ar
CUES, there is solid ground. He re-
minds you that Florida has merely
been red.scovered; that after more
than 400 years the pioneer again has
invaded the state; that it is coming
at last into its own.
4 TT N r.