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...value of an acre of primary watershed in Los Angeles County is valued by the Federal Board of Review at $971. In 1924 a great fire destroyed the growth on over 60,000 acres in this area. That year after the heavy floods the assessed value of land directly south was written off the tax records by some $10,000,000. The water level of reservoirs and wells dropped to an alarming level as far south as Long Beach. In the light of such facts the statement that the preservation of the growth on these watersheds is "useless...
...runs tourist camps, but you can safely pitch your tent anywhere. (For ferocious bears, go to Katamai National Monument, Alaska, rivaled as a game range only by Belgian Congo's gorilla preserve.) There are more bison (1,000) and elk (10,000) in the park than the mountainous area could support in the winter if hunters did not kill the elk and rangers cull out the bison. There will be Indians as well as geysers, about which government guides lecture at intervals all day long, at Old Faithful Inn. It is best not to do much public drinking...
Second central reservoir was Institutional Securities Corp., a mortgage pool which can tap R. F. C. credit up to $100,000,000. I. S. C. will offer one more ready market for mortgages, may ease the pressure for foreclosures in the New York area...
...Harvard Yard, besides being a venerable area, a blessed couple of acres, owns that peculiar charm which belongs to things and institutions which have never known the labelling of a surveying committee, a place with its own ancient and particular name. Rough earthy Anglo-Saxon names, like the "Yard," "Rotten Row," Cape Cod," have an indigenous correctness which latinic titles ("Esplanade," "Boulevard" etc) can never claim, especially when transported to foreign soil...
Both the United States Army and Navy were represented by high officers from the Boston area. Alson present were J. C. J. Flamand. French Consul in Boston, and G. B. Beak, the British Consul. M. Flamand was accompanied by the ranking officers of the French cruiser, "d'Entrecasteaux," which is now in Boston. Captain V. J. Maitre and Executive Officer A. M. Bellof...