Year: 1878

Tho Future.


We have in vain endeavored to
diagnose the condition of things at
the East. For six long years the
business man has steadily hoped,
in the Winter,that the Spring trade
would show signs of revival; in the
Spring that Summer would bring
relief. Nearly five years have
passed since the panic, and a busi-
ness revival appears to be as far of
there now as ever. If anything
can revive trade in the East 1t will
be the silver bill.


However the case may stand in
the East, there is every reason to
believe that California, which sue
cumbed to the business depression
last, will be released from its infiu-
ence first of all the States. The
source of the dull times here is not
hard to discover. In last years.
drouth we find the whole story.
The failure of the Bank of Califor-
MIA exerted no permanent ill-effects
on the prosperity of this State. In
deed, the promptness with which
the disaster was repaired spoke
volumes in praise Of the stability
and public spirit OF our people.


1t is certainly a terrible drawback
to have, as by malign interdict of
nature, production arrested through
out the whole borders of great
State like California. There are
sections in this State, large enough
to form a good sized common
wealth, in which hardly blade Of
grass grew last year. To offset the
desolation which covered such i'm
mense stretches as the San Joaquin
valley, we had few moist and
reliable counties, such as Los An
geles.


The fact is, when we think of it,
we are not justified in re-
ferring to single county in this
State as being as reliable as Los
Angeles. We have not only moist
lands here, which don't need irri-
CATION, but we have immense and
applied facilities for irrigation,
which make us measurably inde-
pendent of the seasons. Through
such aid we are able to produce a
corn crop which exceeds in amount
that of all the other counties of
California put together, to keep
our aemi-tropical fruits productive,
to grow our alfalfa patches and to
produce the greatest variety of
vegetation remarked of any Sec
ton of the Pacific Coast.


We may be asked, in face of the
abundant production of every kind
In Los Angeles county this year, il
money will be plentiful here short.
ly. We would answer unhesitat-
ingly that it undoubtedly will be.


This year we shall have large
quantities of wool, hides, honey,
wheat, barley, corn, bacon, wine,
brandy, oranges, lemons, lines,
and other things, including meat,
mutton, poultry and eggs, to sell.
Last year the honey crop was a
total failure. Our apiaris.s hardly
made honey enough TO keep their
swarms intact. The country to-day
is absolutely burdened with bee
feed of the most choice varieties.
The wool crop, last year, was an
almost total failure, also, the sheep
having been driven out of The
county by the hundred thousand.
This year the crop will be abund-
ant and will command good prices.
What our orange crop lacked this
year in quantity it more than made
up in quality and in the high
prices realized. We raised no
wheat last year, and we shall go
very near to raising three quar-
ters of o million bushels the cur
rent year. We can rely upon
at least a million bushels of corn,
and alfalfa and pumpkin fed bacon
will be finished off with this corn,
that portion of the crop not thus
consumed being shipped to San
Francisco and sold at profit.


The surrender of the Tarbox dis.
tillery. to its private owners, by the
United States, will give new i'm
petus to the wine and brandy inter-
ests OF Los Angeles county. Our
production of these two staples
alone ought to reach fully 100000
this year.


In view of all these facts we are
justified in assuming that money
will soon be plenty in this county.
In addition to the sources of in
&C me enumerated above, there will
undoubtedly be heavy influx of
tourist travel from the East and
from other portions of California
next Fall aud Winter. A region so
universally fertile as Los Angeles
county, and with such delicious
will also attract many