The great diamond hoax : $b and other stirring incidents in the life of Asbury HarpendingHarpending, Asbury
History
The great diamond hoax : $b and other stirring incidents in the life of Asbury Harpending
Harpending, Asbury
Brannan, Sam, 1819-1889; California -- History; Latter Day Saint churches -- California; Mines and mineral resources -- California
Thus the Montgomery South bill became a law of the State, although the
Governor liked it not. Commissioners were appointed by Judge Lake, a
lot of work was done in surveys, estimates of benefits and damages,
but in the end it came to naught. Two years later, while I was in
Europe, a bill with a misleading title, designed to repeal the act,
was introduced and Ralston, busy with many things, never knew about it
until it had sneaked through both houses and become a law. Because of
this, New Montgomery street still halts at Howard street and bids fair
to camp there forever more.
As to the Rincon Hill measure, that also passed both houses
triumphantly, but was held back through the opposition of Senator
Hager, so that it went to the Executive just one day beyond the period
when a return to the Legislature must be made. It found a peaceful
resting place in the Governor’s capacious pocket.
Thus all our grand schemes for the development of the city southward
fell by the dreary wayside of lost opportunity. I do not pretend for a
moment that Ralston and myself were inspired in our efforts by the pure
spirit of benevolence. We would have made our profit, but a mere trifle
in comparison to the public good. It was the most comprehensive plan
for the city’s improvement ever presented in a concrete form, and the
pity is it was not better understood.
Just take a retrospect. Who is there who would not admit that five fine
level streets from Market, between First and Third, southward to the
bay, would not be a vast improvement and convenience to business, over
the blockade that prevails to-day?
And was such a real estate proposition ever before offered to a people
and turned down? For the sum of $12,000,000 the city would have
acquired full title to approximately two hundred and twenty blocks, the
present value of which would be hard to estimate exactly. But a rough
valuation indicates that the property would be worth enough to pay the
entire city debt, buy the Spring Valley Water Company’s plant, bring in
the Hetch-Hetchy water supply and leave a balance large enough perhaps
to settle all questions with the United Railroads and municipalize the
entire street transportation system, not in the dim future, but now.
Immense revenues would have flowed into the municipal treasury from
these utilities. Taxation would have become a joke. All these things
are among the haggard, melancholy “might have beens.”
There were too many well-intentioned, but bigoted, reformers in the
city then, just as there are now.
And the incident serves to indicate the superiority of hindsight over
foresight, which has been illustrated unhappily and too often in the
history of the State.
CHAPTER XX.
BURNING OF HARPENDING BLOCK PROVIDES FINE SPECTACLE, BUT
OVERSIGHT OF OWNER COSTS HIM DEARLY.
_George Hearst Makes Stake on Comstock and Celebrates by Taking Joe
Clark on a Trip to Europe._
Public-domain text, read in full here on John Shaqi.
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