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Economist
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Permanent Link: http://ufdc.ufl.edu/UF00004155/00001
 Material Information
Title: Economist
Physical Description: Archival
Publication Date: 1925
Copyright Date: 1925
 Record Information
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: ltqf - AAA5894
System ID: UF00004155:00001

Full Text


TWO SECTIONS TT SECTION TWO


Us"I In a 1 1 AI.o .s
VO- -l.Xum-d ua iod' CY22.HA US ,s,-o No.
VOI9. Leese I s T C OU Telephone Frankin 0006

VOL LXXIII Ifta* 1s. ..r Wm. CHICAGO, U. S. A, FEBRUARY 14, 1925 Dl'' ". .'* No. 7
is y Te ....l Ps-umsC.


Civilization in Florida dates farther back
than in any other state of the Union. It was
conquered by Pence de Leon in IS12 and in
1539 it was visited by DeSoto. The Seminole
Indians have a representative in the state leg-
islature. The men who opened up Florida to
modern man were Henry B..Plant, who pene-
trated the West or Gulf Coast in the late
eighties with the Plant system of railroads
now known as th Atlantic Coast Line, and
Henry W. Flagler, who completed the Florida
East Coast Railway in 1896. And now S.
Davies Warfeld has penetrated the interior
with an extension of the Seaboard Air Line
from Coleman to West Palm Beach thereby
placing the rich agricultural and fruit rais-
ing sections of the Flowery State into direct
communication with the outside world by
means of the Atlantic Coast line on the west
and the Florida East Coast Railway on the
east and their connections north and south and
vice versa. Those were the men who blazed
the trail.
Chicago and the Middle West are now sup-
plying much of the capital to carry out the


present magnificent
developments in that
state. Chicago people
have invested $100,-
000,00 in the develop-
ment of the state. The
history of a nation is
written in the lives
of her great men.
Here you have the
history of the devel-
opment of the state
* of Florida in a nut-
shell. These men
have done and are
doing more for Flor-
ida than nature her-
self. The state is
rich in opportunity
and these men have
in truth painted the
lily and refined fine
_ gold.


SNever before has the interest in the develop-
ment of the state been as keen as it is at the
'present time. Wherever you go the state is
full of people from the north; some residing
there permanently but for the most part many
are there for only the winter months-to get
away from the cold of the north. It is esti-
mated that 25 per cent more people are visiting
Florida this winter than ever before. Every
train going south is crowded with passengers
for Florida. During the storm when the rail-
ways failed for a few days people from New
York and the east found it desirable to touch
at the remote southern tip of Florida by sea
and go north by rail. The Florida East Coast
Hotels were booked to capacity for the season
three weeks ago and applications for space
were piled a foot high.
On Friday, January 16, there were 900 cars
or 15 freight trains of 60 cars each in the
yards at Jacksonville consigned to points be-
low, that is to feed the visitors. The Florida
East Coast Railway operates nine passenger
trains each way each day in addition to 35


freight trains on its 535 miles of single track
from. Jacksonville- to Key West.
Conspicuity has recently been given to Flor-
ida by the adoption of an amendment to the
constitution of eliminating inheritance taxes
and it is believed that this will add materially
to the population as well as to the wealth
of the state, many people of large means hav-
ing already elected to make their permanent
home in the state while others have such step
in contemplation. In a matter of so much
importance to one of large means it would
be well to consult a competent lawyer but
in a general way to come within the law one
must take up his actual domicile in Florida for
a reasonable period of each year, and must
boma fide intend to make Florida his legal
residence. The purchase of a home in Flor-
ida is not absolutely necessary, but it is de-
sirable. The prospective citizen should evi-
dence his intention to make Florida his domi-
cile by registering at hotels from his Florida
address, and should pay his Federal Income
Tax through the proper district in Florida, and
should pay his poll tax and automobile li-
cens tax in Florida, and register to vote in
Florida, after he has completed the necessary
residence of one year in the State. He should
also redraw his will, .'nd declare himself in
Stach will to be a resi-


FLORIDA: AREA. 58.666 SQUARE MILES; LAND, 54,61 SQUARE MILES; WATER,
3,805 SQUARE MILES.


1880 100 1910
Population .................. 20.,40S 62s1,4 7211.1
Property, true value ........ $120.000,000 $365,743.000 1i915 85.96000
Manufactures:
Capital (.21080 .20,
Product, value ........... 1.. 645.448 34,183,509 172,88.C5
Mines and quarries: ........ 0.74,01
Capital ....... .........
CaP o ta ................... .......... ......... .
ro uotg, ns............. ...... .......... $8.84l.0
Lumber cut. e ............ V47.6$7.00 783,905.000 I, 0.000
Mineral products, value ..... $1,5 $ 68,6,517 $9.!4.705
Phosphate mined, ton ...... .......... 706.(243 .06707
All land n farm are........... ......... 463.801 5.25,6
Improved land, acres ....... 47.440 1,511.653 1.$05.401
umber o fms ............. .......... 40.1 60.01
Value all m roerty ............... .53.i,29.054 143.15.01.s
Value frm land ............. .......... 30.123.016 8,7585065
Fari products, value....... $73,000 $18,0S..000 43. .4
Farm crop., value .......... .... .... $13.498.000 3t.,21i.000
Cotton crop:
Bales. number ............ 65.000 .50000 s.000
Tobacco crop, pounds ......... ...6...... 1.12,00 3.606.801
Grain crop:
Corn, bushel ................ t..0 4,1666,00 8.9000
Oats, bushels ............ 43.000 378,000 080,000
Live stock:
Cattle. number ........... 1000 751.000 84.000
Sheep, number ............ 10t.00 126,000 114.000
Swine, number ............ 187.000 464,000 $10.000
Horses. number ............ .21000 43.000 46.000
Mules number ............ 9000 -,.000 2,000
national banks:000 23000
Resource ................. 112,334 9,642.70t $46,1881..l
Capital ................... 100.000 $1. 1.000 5.760.000
Deposits ................. 2lt7,$02 $,4t,441 ;26086.680
Other banks, deosits ....... 13. 714.81 $20837000
lailroad mi ease ........... S18 3,29 4.432
Highway expenditure ...... .427,184 tt 2.280.2B5
Public ch ool, expenditures $11506 $765.800 it1.684.000
Assessed value property .... $0,3958.*0 196.686,9E4 $105.000.,00
*Census 1920. tilS. t1921. 21912. "01904. tt1914. t:1908.


1923
1.046,28T
t2.440.4 1.000
*t206,24.000
1145.821.000
$468.067.64
8.97.11,41
t980.014.000
t$10.908.000
12.018.80s
e.04,l0
*2.297.271
*14.006
*$330.101.717
*$228.424.740
88.700.000
173,300.000
12,000
4.292,000
10.260,000
396.000
871.000
64.000
633.000
37.000
43,000
$156,391.000
11,900.000
114.791.000
129.4 83.000
6.2 853
19.876.000
$9.769.1000
$44.1 03.000


dent and citizen of
Florida, and should
likewise so declare,
himself in deeds and
other legal papers that
he executes. He must
organize a corporation
to which he may coo-
vey his securities as in
event of death the cor-
poration will continue.
It is not necessary that
the securities be kept
in the state, but it
would be helpful and
advisable.
Florida is as large as
New York, Massachu-
setts and Rhode Island
combined and has a
population of a little
more than 1,000,000,
while the three states
mentioned have a pop-
ulation of 15,000,000.
This means opportu-
nity.