Bankruptcy -- Fiction; Gold mines and mining -- Alaska -- Fiction; Oakland (Calif.) -- Fiction; Western stories; Women pioneers -- Fiction
"Do you know--I've been looking it up--the Firth Of Clyde, where all
the steel ships are built, isn't half as wide as Oakland Creek down
there, where all those old hulks lie? Why ain't it a Firth of Clyde?
Because the Oakland City Council spends its time debating about prunes
and raisins. What is needed is somebody to see things, and, after
that, organization. That's me. I didn't make Ophir for nothing. And
once things begin to hum, outside capital will pour in. All I do is
start it going. 'Gentlemen,' I say, 'here's all the natural advantages
for a great metropolis. God Almighty put them advantages here, and he
put me here to see them. Do you want to land your tea and silk from
Asia and ship it straight East? Here's the docks for your steamers,
and here's the railroads. Do you want factories from which you can
ship direct by land or water? Here's the site, and here's the modern,
up-to-date city, with the latest improvements for yourselves and your
workmen, to live in.'"
"Then there's the water. I'll come pretty close to owning the
watershed. Why not the waterworks too? There's two water companies in
Oakland now, fighting like cats and dogs and both about broke. What a
metropolis needs is a good water system. They can't give it. They're
stick-in-the-muds. I'll gobble them up and deliver the right article
to the city. There's money there, too--money everywhere. Everything
works in with everything else. Each improvement makes the value of
everything else pump up. It's people that are behind the value. The
bigger the crowd that herds in one place, the more valuable is the real
estate. And this is the very place for a crowd to herd. Look at it.
Just look at it! You could never find a finer site for a great city.
All it needs is the herd, and I'll stampede a couple of hundred
thousand people in here inside two years. And what's more it won't be
one of these wild cat land booms. It will be legitimate. Twenty years
from now there'll be a million people on this side the bay. Another
thing is hotels. There isn't a decent one in the town. I'll build a
couple of up-to-date ones that'll make them sit up and take notice. I
won't care if they don't pay for years. Their effect will more than
give me my money back out of the other holdings. And, oh, yes, I'm
going to plant eucalyptus, millions of them, on these hills."
"But how are you going to do it?" Dede asked. "You haven't enough
money for all that you've planned."
"I've thirty million, and if I need more I can borrow on the land and
other things. Interest on mortgages won't anywhere near eat up the
increase in land values, and I'll be selling land right along."
Public-domain text, read in full here on John Shaqi.
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