Some Cities and San Francisco, and Resurgam — John Shaqi
Some Cities and San Francisco, and ResurgamBancroft, Hubert Howe
History
Some Cities and San Francisco, and Resurgam
Bancroft, Hubert Howe
Cities and towns; San Francisco (Calif.)
Around the bay continues the hum of industry. The country teems with
prosperity. Never were the services of the city needed so much as now.
There are no financial disturbances; money is easy, but more will be
required soon; claims are not pressed in the courts. Any San Francisco
bonds thrown upon the market are quickly taken by local capitalists.
Customs receipts are larger than ever before, and there is no shrinkage
at the clearing house. Land values remain much the same; in some
quarters land has depreciated, in other places it has increased in
price; buyers stand ready to take advantage of forced sales.
Labor is scarce in both city and country; wages are high and advancing.
Five times the present number of mechanics can find profitable
employment in the city, and it will be so for years to come, as there is
much to be done.
With the advance of the labor wage and of lumber, rents are advanced.
Mills and factories are running at their full capacity. Orchards and
grain fields are overflowing, and harvesters are found with difficulty.
Merchants' sales were never so large nor profits so good. Prices of
everything rule high, with an upward tendency, the demand at the shops
being for articles of good quality. Oriental rugs and diamonds are
conspicuously in evidence. Insurers are paying their losses to some
extent, and many people find themselves in possession of more ready
money than they ever had before. They are rich, though they may have no
house to sleep in. It is a momentary return to the flush times of the
early fifties, though upon a broader and more civilized scale, and
without their uncertainty or their romance.
In view of the facts it seems superfluous to discuss questions regarding
the future of San Francisco. That is to say, such questions as are
propounded by chronic croakers: Will the city be rebuilt? If so, will it
be a city of fine buildings? Will not the fear of earthquakes drive away
capital and confine reconstruction to insignificance?
Let us hasten to assure our friends that the day of doom has not yet
come to this city; that the day of doom never comes to any city for so
slight a cause, or for any cause short of a rain of brimstone and
fire, as in the case of Sodom. Whether of imperial steel or of imperial
shacks; whether calamities come in the form of such temblores as are
here met occasionally in a mild form, or in the far more destructive
form of hurricanes, floods, pestilence, sun--striking, and lightning, so
common at the east and elsewhere, and from which San Francisco is wholly
free, there will here forever be a city, a large, powerful, and wealthy
city.
Public-domain text, read in full here on John Shaqi.
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