Capital journal., July 28, 1925, SALEM SURVEY EDITION, Image 1

DEFINITE PROdfc
OF SALEM'S
PROSPERITY
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Industries, Building, Bank Deposits, Postal Receipts All
Are Now Making Gains Prophetic of City's Greater Future
Salem Is Building Factories and Factories Are Building Salem
What's the Matter With the
Land? When Will
It Come Back?
By Richard L. Rowe
Absolutely Nothing the Matter With
the Land!
It is the one Dependable Foundation of
All Life, All Wealth, All Financial Sanity.
Just at present it is' loaded with Get-Rich-Quick
follies of Man, started by Bill
Hohenzollcrn and his greedy set who had
the insane notion they could corral the
Wealth of all the Land of the World, and
the Land here is now saddled with much of
the cost of that criminal act.
But he had no monopoly of the wild
grabbing stupidity. In 1919 and 1920
Americans thought they had "money to
burn." Nothing was big enough to permit
many millions of them to burn their money
all at once except the Land.
They speculated (polite for gambling)
in Land? No, in Illusions from the real
Land Value of $100 to $150 per acre up to
$500 per acre. They received 47-cent dol
lars, and now have to pay for Illusions (all
over the real value of the Land) in 70-cent
dollars. Wise men won't buy the Illusions,
and the inertia is blamed on the Land! The
Land is absolutely innocent!
Another Financial Crime ' 1 '
By a call for payment of farmers's notes
at the banks in May, 1920, the Federal
Reserve Board forced the fanners to dump
all their livestock- grain, wool, fruit, on the
Nation's markets at once. Values were
stricken with death! Immediate deflation
was forced. That took the life out of Land
SALES NOT THE LAND and the
atrophy still clings to the farms and
orchards.
High war taxes assist in making lands
seem undersirable investments. But those
taxes, not equally high, with the other
impediments are also loaded on town prop
erty, and will stay until the Farm Lands
are relieved. The Farms must prosper
first.
But, the Lund IS COMING BACK! It is the basic of
all Investments. It yields its grains, its fruits, its
pastures, its timber, now with all the faithfulness of
the most placid times of peace. Men MUST HAVE its
Foods, its Fibers, its Timber, its Minerals, its Water
powers. And there are about 10,000,000 MORE people,
who must depend upon the Land, added to the Nation
each ten years. Land is going to get out of its
APPARENT lethargy, and will gradually take on
legitimate market demands.
And, no Lands in any country are more faithful to
prove their worth and reliability than those of this
Willamette Valley, and Marion and Polk counties rank
with the most desirable in any stale in the Union. They
are ALWAYS BACK when called upon to do their part.
They Are Making Markets for Marion and Adjacent
County Farms, as Well as Better Business
and Greater Property Values
Salem Now Has Fully 125 Industries That Employ 2,653 Persons on Yearly Time and Pay
of $2,250,000 and Who Manufacture Products Worth $10,509,000 Annually, Showing a
Gain in Fifteen Years of $8,301,000 and a Progress Pace of 376 Per Cent.
Salem's Industrial Growth Pictured to the Eye and Mind
CHART
That Salem is beginning to Manufacture Progressively
And Aggressively Is Practically Proved in the Measured Advance Shown
by the following Chart Lines and the Totals they Illustrate. The Fifteen
Year Increase in Value of Product has been $8,301,000, or 376 Per Cent.
The figures include no Factories outside the City Limits. The 1919
(really 1920-1925) Advance really suggests the Beginning of Salem's
Triumphant Progress.
YEARLY VALUE OF SALEM'S FACTORY PRODUCT :
For 1925 $10-509,000
' "'-' ..j-Mt, a 'win iit lii'Mninfniiiiiii1inii
For 1919 $7,009,000
For 1914 $2,845,844
For 1909 $2,208,000
THOSE CHART LINES Are Drawn
Carefully to Scale. Their Quick In
creasing Length Shows that a Fast
Forward Drive Has Been Started.
Most Wisely and very Fortunately, the City of Salem is becoming a Real Manufactur
ing Center. Such Industrial Expansion is the very life of City Progress. It is, also,
the necessary basis of Farm Prosperity. Live Factories put sustained value in both
town and country Land. No modern population center can be important without a
good backing of adapted Industries. About 16 000 of Salem's 23,000 inhabitants Live
on the Home Factories, and they make Markets for the Farms and Forests.
In 1919 the writer made an Industrial Census of Salem for the Capital Journal and Chamber of Commerce. He estimated
the Yearly Payrolls at only $970,339, on the theory that the average rate of wages would fall to about 'he 1914 basis,
but they have not done so. The actual enumeration of $1,940,677 should have been placed at fully $1,700,000, and it
is believed that the yearly pay has advanced at least 40 per cent on that in the past five years because of added work
ers. That would make the 1925 Annual Total $2,380,000. President of the Chamber of Commerce believes the
annual disbursements for all payrolls, State, City, Industries, will amount to fully $8,500,000 at this time, or at the
monthly rate of $708,333. That is New Financial Blood that flows into every line of activity and maintains the
economic health. Here is the line-up of Salem's Industrial Records -for the past fifteen years:
PerHons Employed. Annual
Censuses. No. of Factories. Average No. Yearly Pay. Capital Invented Value of Product
1925 123 2,653 $ 2.250,000 $ 7,500,000 $10,509,000
1919 96 1,895 1,700,000 5,500,000 7,009,000
1914 67 934 557,570 2,305,366 2,845,844
1909 C2 789 465,000 1,661,000 2,208,000
Note: The estimated decline In Capital Value of 50 Per Cent from the appraisement In 1919 was also too large. It should not havo
been less than $5,600,000. Government enumerations are made for the full calendar years before Din publications are dated, so as to
get complete annual book records. Thus, the count of 1009 was published as of 1910, and 1919 as 1920.
The above tabulated figures for 1925 are believed to be truly conservative. The aim has been to keep well within
the truth. It will be seen that, in the past ten years, the Number of Salem's Industries has nearly doubled, the total
of persons employed has advanced almost Three-to-One, and the Capital Invested has Tripled, at a low estimate. At
Factory Prices, the Value of Annual Product has multiplied over three times.
Showing the Vital Importance of Factories in Building Up Cities, and Communities, 15,918 of Salem's population
are supported by the home industries, 7,082 by all other lines. When this place has 15,000 persons employed in its
Factories on Yearly Time and Pay, the population census will be nearly 100,000, business will be quadrupled for
merchants and farmers, and the gain of property values will pay for the cost of getting the Industries several times
over.
Salem Offers Almost Ideal
Industrial Conditions
Level Sites and Mild Climate Greatly
Reduce Cost of Construction and Oper
ation Extensive and Growing Markets
with Favorable Shipping Tariffs Supply
Another Large Advantage Abundance
of Materials in Quality and Quantity as
Well as Hydroelectric Power Make the
Ideal Wonderfully Complete
By Richard L. Rowe
Firms intending to Manufacture will find many
Advantages in the wny of Economics and Materials
here at Salem, Oregon. Any good business man
knows that Reduction of Cos! has a Big Lot to do
for Success. Other favorable conditions are pointed
out in this article. They all count.
Factory sites in and about Salem are level and on
good building ground. There are no cosily hills to be
cut down, nor stone foundations to be , blasted out at
hrge expense.
Factory Buildings need not be constructed with sev
eral thicknesses and paddings to keep the workers from
freezing in Winter. A very big percentage of cost com
pared with the long, freezing winter-places can be saved
by the much lighter walls and more limited heating
plants that are all-sufficient in this climate. Working
in more comfort, the persons employed can produce
more and better goods, and keep in better health both
of which facilitate production.
Two-thirds of the tillable land in Western Oregon is
yet to be improved. The natural consequence will be,
increased patronage for all industrial products, progres
sive growth of values and good chances for desirable
locations.
Abundance of Materials
Few locations in America or any country offer so
many forms of commercial materials as can Salem and
vicinity. The farms and orchards supply at least twenty
varieties, most of them in prolific abundance.
For canning and dehydration, there are apples, pears,
peaches, prunes, cherries, loganberries, blackberries,
raspberries, grapes, gooseberries. In vegetables, corn,
peas, beans, squashes, beets, asparagus and others in
that line.
This is a great wool, mohair and flax region. Every
thing made from those fibres offers opportunities for
regular or new forms of products at this point. Meats
and hides of cattle, sheep and goats can supply very
large demands as the farms increase in number and
facilities.
Few placet, in the world have such vast supplies of
commercial timber as this city and county. Fir, spruce,
cedar and hemlock, as well as alder, are here in totals
of billions ol board feet.
And of high importance, probably at least a Million
Hydroelectric Horsepower for manufacturing, heating
and lighting will be nvailable for this city and county
as it becomes needed.
In brief, this is not only a splendid land in which to
build up industries, but comes as near the ideal in home
attractions as any spot that can be named in this or any
county in the United Slates.
Nothing is more certain than that this city will stead
ily grow into an Industrial Center that will produce
Manufacturers which will total a Hundred Million
Dollars or more every year. It is just hitting its stride!
One more advantage should bo mentioned there arc
so many that some may be overlooked Salem, having
water transportation to Portland, will have the shipping
rates of that city. Its products sell all over America,
go to Europe, and the 800.000,000 people around the
Pacific seas can use most of the products from all of
Oregon and scarcely realize that they have had a taste I
FROM 1920 to 1924 INCLUSIVE Salem Erected 1,004 New Home Buildings 74 in 1920 and Increasing to 283 in 1924. In the First Six Months of 1925 Permits Were Allowed for
199 More Glomes. That Makes 1,203 New Residence Structures Added in 5 Years and 6 Months. Now Daily Inquiries Are Made for More of Such Accommodations. By the
Government Family Average of 4.4, Those 1,233 New Homes Mean 5,293 Population Increase Exclusive of Hotel and Apartment Gains. Salem Undoubtedly Has Fully 23 000 Resi
dents. The 1920 Census Gave This City 17,679. Add 5,293 and the Total Is 22,972. Hotels and Apartments will Increase that Total to More Than 23,000. Salem will be the 30,000
City by 1930! And Its Building and Business Must Grow With Equal Vigor. copyright 1925 by luoard v. row.