,,*APT] ,,XVI
  ,ALL WEEK E "O 9 ! (FICE KNEW T "S?+
NEW & BIG 0 AFOOT 9 ,"DLI<T'S M9D4 ,2Y
"S D1LS ( NO IMPORT.E1 HE _H N BE5
9T]E/$ 9 ANY?+ = S"EAL MON?S4 ,B N[ HE
W5T AB 9 AN ALM UNBROK5 BR[N /UDY1 MADE
UNEXPECT$ & L5G?Y TRIPS ACR ! BAY
6,OAKL&1 OR SAT AT 8 DESK SIL5T & MO;N.S
= H\RS4 ,HE SEEM$ "PICUL>LY HAPPY ) :AT
O3UPI$ 8 M9D4 ,AT "TS M5 CAME 9 & 3F]R$
) HM--&) NEW FACES & DI6]+ 9 TYPE F ^? T
USU,Y CAME 6SEE HM4
  ,ON ,SUN"D ,DEDE LE>N$ ALL AB X4
8,I'VE BE5 ?9K+ A LOT ( \R TALK10 HE
2GAN1 8& ,I'VE GOT AN IDEA ,I'D L 6GIVE
X A FLUTT]4 ,& ,I'VE GOT A PROPOSI;N
6MAKE YR HAIR /& UP4 ,X'S :AT Y CALL
LEGITIMATE1 & AT ! SAME "T X'S ! GO%-
DANGDE/ GAM# A MAN "E W5T 9TO4 ,H[ AB
PLANT+ M9UTES :OLESALE1 & MAK+ TWO
M9UTES GR[ ": "O M9UTE GREW 2F8 ,OH1
YES1 & PLANT+ A FEW TREES1 TOO--SAY
S"EAL MILLION ( !M4 ,Y REMEMB] ! QU>RY
,I MADE 2LIEVE ,I 0 LOOK+ AT8 ,WELL1
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TOO1 CLE> F "H >.D 6,B]KELEY & D[N ! O!R
WAY 6,SAN ,LE&RO4 ,I [N A LOT ( !M ALR1
= T MATT]4 ,B MUM IS ! ^W4 ,I'LL 2 BUY+
A L;G "T 6-E 2F ANY?+ M* IS GUESS$ AB X1
& ,I DON'T WANT ! M>KET 6JUMP UP \ (
SI<T4 ,Y SEE T HILL OV] "!4 ,X'S MY HILL
RUNN+ CLE> D[N XS SLOPES "? ,PI$MONT &
HALFWAY AL;G ^? ROLL+ HILLS 96,OAKL&4 ,&
X'S NO?+ 6ALL ! ?+S ,I'M GO+ 6BUY40
  ,HE PAUS$ TRIUMPHANTLY4 8,& ALL 6MAKE
TWO M9UTES GR[ ": "O GREW 2F80 ,DEDE
QU]I$1 AT ! SAME "T LAU<+ HE>TILY AT 8
A6ECT,N ( MY/]Y4
  ,HE />$ AT H] FASC9AT$4 ,%E _H S* A
FRANK1 BOYI% WAY ( ?R[+ H] H1D BACK :5
%E LAU<$4 ,& H] TEE? 7 AN UN5D+ DELI<T
6HM4 ,N SMALL1 YET REGUL> & FIRM1 )\T A
BLEMI%1 HE 3SID]$ !N ! H1L?IE/1 :ITE/1
PRETTIE/ TEE? HE _H "E SE54 ,&= MON?S HE
_H BE5 -P>+ !M )! TEE? ( E WOMAN HE MET4
  ,X 0 N UNTIL H] LAU<T] 0 OV] T HE 0 A#
63T9UE4
  8,! F]RY SY/EM 2T ,OAKL& & ,SAN
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,UNIT$ ,/ATES4 ,Y CROSS ON X E "D1 SIX
"DS 9 ! WEEK4 ,T'S SAY1 TW5TY-FIVE "DS A
MON?1 OR ?REE HUNDR$ A YE>4 ,N[ L;G DOES
X TAKE Y "O WAY8 ,=TY M9UTES1 IF Y'RE
LUCKY4 ,I'M GO+ 6PUT Y ACR 9 TW5TY
M9UTES4 ,IF T A9'T MAK+ TWO M9UTES GR[
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APPLES4 ,I'LL SAVE Y TW5TY M9UTES EA*
WAY4 ,T'S =TY M9UTES A "D1 "TS ?REE
HUNDR$1 EQUALS TWELVE ?\S& M9UTES A YE>1
J = Y1 J = "O P]SON4 ,LET'S SEE3 T'S TWO
HUNDR$ :OLE H\RS4 ,SUPPOSE ,I SAVE TWO
HUNDR$ H\RS A YE> = ?\S&S ( O!R FOLKS1--
T'S F>M+ "S1 A9'T X80
  ,DEDE CD ONLY NOD BR1?.SLY4 ,%E _H
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  8,-E ON10 HE SD4 8,LET'S RIDE UP T
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  ,A SMALL FOOTPA? DROPP$ D[N 6! DRY B$
(! CANON1 : !Y CROSS$ 2F !Y 2GAN !
CLIMB4 ,! SLOPE 0 /EEP & COV]$ ) MATT$
BRU% & BU%ES1 "? : ! HORSES SLIPP$ &
LUNG$4 ,BOB1 GR[+ 4GU/$1 TURN$ BACK
SU45LY & ATTEMPT$ 6PASS ,MAB4 ,! M>E 0
?RU/ SIDEWISE 96! D5S] BU%1 ": %E NE>LY
FELL4 ,RECOV]+1 %E FLUNG H] WEI<T AG/
,BOB4 ,BO? RID]S' LEGS 7 CAU<T 9 !
3SEQU5T SQUEEZE1 &1 Z ,BOB PLUNG$ AH1D
D[N HILL1 ,DEDE 0 NE>LY SCRAP$ (F4
,"DLI<T ?REW 8 HORSE ON 6XS HAUN*ES & AT
! SAME "T DRA7$ ,DEDE BACK 96! SA4LE4
,%[]S ( TWIGS & L1VES FELL ^U !M1 &
PREDICA;T FOLL[$ PREDICA;T1 UNTIL !Y
EM]G$ ON ! HILLTOP ! WORSE = WE> B HAPPY
& EXCIT$4 ,"H NO TREES OB/RUCT$ ! VIEW4
,! "PICUL> HILL ON : !Y W]E1 \-JUTT$ F !
REGUL> L9E (! RANGE1 S T ! SWEEP ( _!
VI.N EXT5D$ OV] ?REE-QU>T]S (! CIRCLE4
,2L1 ON ! FLAT L& BORD]+ ! BAY1 LAY
,OAKL&1 & ACR ! BAY 0 ,SAN ,FRANCISCO4
,2T ! TWO CITIES !Y CD SEE ! :ITE F]RY-
BOATS ON ! WAT]4 ,>.D 6_! "R 0 ,B]KELEY1
& 6_! LEFT ! SCATT]$ VILLAGES 2T ,OAKL&
& ,SAN ,LE&RO4 ,DIRECTLY 9 ! =EGR.D 0
,PI$MONT1 ) XS DESULTORY DWELL+S &
PAT*ES ( F>M+ L&1 & F ,PI$MONT ! L&
ROLL$ D[N 9 SU3ESSIVE WAVES ^U ,OAKL&4
  8,LOOK AT X10 SD ,"DLI<T1 EXT5D+ 8 >M
9 A SWEEP+ GE/URE4 8,A HUNDR$ ?\S& P "!1
& NO R1SON "! %DN'T 2 HALF A MILLION4
,"!'S ! *.E 6MAKE FIVE P GR[ ": "O GR[S
N[4 ,"H'S ! S*EME 9 A NUT%ELL4 ,:Y DON'T
M P LIVE 9 ,OAKL&8 ,NO GD S]VICE ) ,SAN
,FRANCISCO1 &1 2SS1 ,OAKL& IS ASLEEP4
,X'S A :OLE LOT BETT] PLACE 6LIVE 9 ?AN
,SAN ,FRANCISCO4 ,N[1 SUPPOSE ,I BUY 9
ALL ! /REET RAILWAYS ( ,OAKL&1 ,B]KELEY1
,ALAM$A1 ,SAN ,LE&RO1 &! RE/1--BR+ !M "U
"O H1D )A -PET5T MANAGE;T8 ,SUPPOSE ,I
CUT ! "T 6,SAN ,FRANCISCO "O-HALF
0BUILD+ A BIG PI] \ "! ALM 6,GOAT ,ISL&
& E/ABLI%+ A F]RY SY/EM ) MOD]N
UP-TO-DATE BOATS8 ,:Y1 FOLKS W WANT
6LIVE OV] ON ? SIDE4 ,V GD4 ,!Y'LL NE$
L& ON : 6BUILD4 ,S1 F/ ,I BUY UP ! L&4
,B ! L&'S *1P N[4 ,:Y8 ,2C X'S 9 !
C.TRY1 NO ELECTRIC ROADS1 NO QK
-MUNIC,N1 NOBODY GUESS+ T ! ELECTRIC
ROADS >E -+4 ,I'LL BUILD ! ROADS4 ,T W
MAKE ! L& JUMP UP4 ,!N ,I'LL SELL ! L& Z
FA/ Z ! FOLKS W WANT 6BUY 2C (! IMPROV$
F]RY SY/EM & TRANSPORT,N FACILITIES4
  8,Y SEE1 ,I GIVE ! VALUE 6! L& 0BUILD+
! ROADS4 ,!N ,I SELL ! L& & GET T VALUE
BACK1 & AF T1 "!'S ! ROADS1 ALL C>RY+
FOLKS BACK & =? & E>N+ BIG M"OY4 ,C'T
LOSE4 ,& "!'S ALL SORTS ( MILLIONS 9 X4
  ,I'M GO+ 6GET MY H&S ON "S ( T WAT]
FRONT &! TIDE-L&S4 ,TAKE 2T ": ,I'M GO+
6BUILD MY PI] &! OLD PI]4 ,X'S %ALL[
WAT]4 ,I C FILL & DR$GE & PUT 9 A SY/EM
( DOCKS T W H&LE HUNDR$S ( %IPS4 ,SAN
,FRANCISCO'S WAT] FRONT IS 3GE/$4 ,NO M
ROOM = %IPS4 ,) HUNDR$S ( %IPS LOAD+ &
UNLOAD+ ON ? SIDE "R 96! FREI<T C>S (
?REE BIG RAILROADS1 FACTORIES W />T UP
OV] "H 9/1D ( CROSS+ 6,SAN ,FRANCISCO4
,T M1NS FACTORY SITES4 ,T M1NS ME BUY+ 9
! FACTORY SITES 2F ANYBODY GUESSES ! CAT
IS GO+ 6JUMP1 M* LESS1 : WAY4 ,FACTORIES
M1N T5S ( ?\S&S ( "W+M5 & _! FAMILIES4
,T M1NS M H\SES & M L&1 & T M1NS ME1 =
,I'LL 2 "! 6SELL !M ! L&4 ,& T5S ( ?\S&S
( FAMILIES M1NS T5S ( ?\S&S ( NICKELS E
"D = MY ELECTRIC C>S4 ,! GR[+ POPUL,N W
M1N M /ORES1 M BANKS1 M "EY?+4 ,& T'LL
M1N ME1 = ,I'LL 2 "R "! ) BUSI;S PROP]TY
Z WELL Z HOME PROP]TY4 ,:AT D Y ?9K (
X80
  ,"!=E %E CD ANSW]1 HE 0 (F AG1 8 M9D'S
EYE FILL$ ) ? NEW C;Y ( 8 DR1M : HE
BUILD$ ON ! ,ALAM$A HILLS 0! GATEWAY 6!
,ORI5T4
  8,D Y "K--,I'VE BE5 LOOK+ X UP--!
,FIR? ,( ,CLYDE1 ": ALL ! /EEL %IPS >E
BUILT1 ISN'T HALF Z WIDE Z ,OAKL& ,CREEK
D[N "!1 ": ALL ^? OLD HULKS LIE8 ,:Y
A9'T X A ,FIR? ( ,CLYDE8 ,2C ! ,OAKL&
,C;Y ,C\NCIL SP5DS XS "T DEBAT+ AB
PRUNES & RAIS9S4 ,:AT IS NE$$ IS "SBODY
6SEE ?+S1 &1 AF T1 ORGANIZ,N4 ,T'S ME4
,I DIDN'T MAKE ,OPHIR = NO?+4 ,& ONCE
?+S 2G9 6HUM1 \TSIDE CAPITAL W P\R IN4
,ALL ,I D IS />T X GO+4 ,8,G5TLEM510' ,I
SAY1 '"H'S ALL ! NATURAL ADVANTAGES =A
GRT METROPOLIS4
  ,GOD ,ALMI<TY PUT !M ADVANTAGES "H1 &
HE PUT ME "H 6SEE !M4 ,D Y WANT 6L& YR
TEA & SILK F ,ASIA & %IP X /RAI<T ,EA/8
,"H'S ! DOCKS = YR /1M]S1 & "H'S !
RAILROADS4 ,D Y WANT FACTORIES F : Y C
%IP DIRECT 0L& OR WAT]8 ,"H'S ! SITE1 &
"H'S ! MOD]N1 UP-TO-DATE C;Y1 )! LATE/
IMPROVE;TS = YRVS & YR "WM51 6LIVE IN4'0
  8,!N "!'S ! WAT]4 ,I'LL -E PRETTY
CLOSE 6[N+ ! WAT]%$4 ,:Y N ! WAT]"WS
TOO8 ,"!'S TWO WAT] -PANIES 9 ,OAKL& N[1
FI<T+ L CATS & DOGS & BO? AB BROKE4 ,:AT
A METROPOLIS NE$S IS A GD WAT] SY/EM4
,!Y C'T GIVE X4 ,!Y'RE /ICK-IN-!-MUDS4
,I'LL GOB# !M UP & DELIV] ! "R >TICLE 6!
C;Y4 ,"!'S M"OY "!1 TOO--M"OY "EY":4
,"EY?+ "WS 9 ) "EY?+ ELSE4 ,EA*
IMPROVE;T MAKES ! VALUE ( "EY?+ ELSE
PUMP UP4 ,X'S P T >E 2H ! VALUE4 ,! BI7]
! CR[D T H]DS 9 "O PLACE1 ! M VALUA# IS
! R1L E/ATE4 ,& ? IS ! V PLACE =A CR[D
6H]D4 ,LOOK AT X4 ,J LOOK AT X6 ,Y CD
N"E F9D A F9] SITE =A GRT C;Y4 ,ALL X
NE$S IS ! H]D1 & ,I'LL /AMP$E A C\PLE (
HUNDR$ ?\S& P 9 "H 9S TWO YE>S4 ,& :AT'S
M X WON'T 2 "O ( ^! WILD CAT L& BOOMS4
,X W 2 LEGITIMATE4 ,TW5TY YE>S = N[
"!'LL 2 A MILLION P ON ? SIDE ! BAY4
,ANO!R ?+ IS HOTELS4 ,"! ISN'T A DEC5T
"O 9 ! T[N4 ,I'LL BUILD A C\PLE ( UP-TO-
DATE "OS T'LL MAKE !M SIT UP & TAKE
NOTICE4 ,I WON'T C>E IF !Y DON'T PAY =
YE>S4 ,_! E6ECT W M ?AN GIVE ME MY M"OY
BACK \ (! O!R HOLD+S4 ,&1 OH1 YES1 ,I'M
GO+ 6PLANT EUCALYPTUS1 MILLIONS ( !M1 ON
^! HILLS40
  8,B H[ >E Y GO+ 6D X80 ,DEDE ASK$4 8,Y
HAV5'T 5 M"OY = ALL T Y'VE PLANN$40
  8,I'VE ?IRTY MILLION1 & IF ,I NE$ M ,I
C BORR[ ON ! L& & O!R ?+S4 ,9T]E/ ON
MORTGAGES WON'T ANY": NE> EAT UP !
9CR1SE 9 L& VALUES1 & ,I'LL 2 SELL+ L&
"R AL;G40
  ,9 ! WEEKS T FOLL[$1 ,"DLI<T 0 A BUSY
MAN4 ,HE SP5T MO/ ( 8 "T 9 ,OAKL&1 R>ELY
-+ 6! (FICE4 ,HE PLANN$ 6MOVE ! (FICE
6,OAKL&1 B1 Z HE TOLD ,DEDE1 ! SECRET
PRELIM9>Y CAMPAIGN ( BUY+ _H 6BE PUT "?
F/4 ,SUN"D 0,SUN"D1 N[ F ? HILLTOP & N[
F T1 !Y LOOK$ D[N ^U ! C;Y & XS F>M+
SUBURBS1 & HE PO9T$ \ 6H] 8 LATE/
ACQUISI;NS4 ,AT F/ X 0 PAT*ES & SEC;NS (
L& "H & "!2 B Z ! WEEKS PASS$ X 0 !
UN[N$ POR;NS T 2CAME R>E1 UNTIL AT LA/
!Y /OOD Z ISL&S SURR.D$ 0,"DLI<T'S L&4
,X M1NT QK "W ON A COLOSSAL SCALE1 =
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TREM5D\S BUY+4 ,B ,"DLI<T _H ! R1DY CA%1
& X _H ALW BE5 8 POLICY 6/RIKE QKLY4 ,2F
! O!RS CD GET ! W>N+ (! BOOM1 HE QUIETLY
A3OMPLI%$ _M ?+S4 ,AT ! SAME "T T 8
AG5TS 7 PUR*AS+ CORN] LOTS & 5TIRE
BLOCKS 9 ! HE>T (! BUSI;S SEC;N &! WA/E
L&S = FACTORY SITES1 ,"D 0 RU%+
FRAN*ISES "? ! C;Y C\NCIL1 CAPTUR+ ! TWO
EXHAU/$ WAT] -PANIES &! EI<T OR N9E
9DEP5D5T /REET RAILWAYS1 & GETT+ 8 GRIP
ON ! ,OAKL& ,CREEK &! BAY TIDE-L&S = 8
DOCK SY/EM4 ,! TIDE-L&S _H BE5 9 LITIG,N
= YE>S1 & HE TOOK ! BULL 0! HORNS--BUY+
\ ! PRIVATE [N]S & AT ! SAME "T L1S+ F !
C;Y "FS4
  ,0! "T T ,OAKL& 0 >\S$ 0? UNPREC$5T$
ACTIV;Y 9 E DIREC;N & 0 "Q+ EXCIT$LY !
M1N+ ( X1 ,"DLI<T SECRETLY B"\ ! *IEF
,REPUBLICAN NEWSPAP] &! *IEF ,DEMOCRATIC
ORGAN1 & MOV$ BOLDLY 96HIS NEW (FICES4
,( NECESS;Y1 !Y 7 ON A L>GE SCALE1
O3UPY+ F\R FLOORS (! ONLY MOD]N (FICE
BUILD+ 9 ! T[N--! ONLY BUILD+ T WDN'T H
6BE TORN D[N LAT] ON1 Z ,"DLI<T PUT X4
,"! 0 DE"P;T AF DE"P;T1 A SCORE ( !M1 &
HUNDR$S ( CL]KS & /5OGRAPH]S4 ,Z HE TOLD
,DEDE3 8,I'VE GOT M -PANIES ?AN Y C %AKE
A /ICK AT4 ,"!'S ! ,ALAM$A & ,3TRA ,CO/A
,L& ,SYNDICATE1 ! ,3SOLIDAT$ ,/REET
,RAILWAYS1 ! ,Y]BA ,BU5A ,F]RY ,-PANY1 !
,UNIT$ ,WAT] ,-PANY1 ! ,PI$MONT ,R1LTY
,-PANY1 ! ,FAIRVIEW & ,PORTOLA ,HOTEL
,-PANY1 & HALF A DOZ5 M T ,I'VE GOT
6REF] 6A NOTEBOOK 6REMEMB]4 ,"!'S !
,PI$MONT ,LAUNDRY ,F>M1 & ,R$WOOD
,3SOLIDAT$ ,QU>RIES4 ,/>T+ 9 ) \R QU>RY1
,I J KEPT A-GO+ TILL ,I GOT !M ALL4 ,&
"!'S ! %IP-BUILD+ -PANY ,I A9'T GOT A "N
= YET4 ,SEE+ Z ,I _H 6H F]RY-BOATS1 ,I
DECID$ 6BUILD !M MYF4 ,!Y'LL 2 D"O 0! "T
! PI] IS R1DY = !M4 ,PHEW6 ,X ALL SURE
B1TS POK]4 ,& ,I'VE _H ! FUN ( G\G+ !
RO2] GANGS Z WELL4 ,! WAT] -PANY BUN*ES
>E SQU1L+ YET4 ,I SURE GOT !M ": ! HAIR
0 %ORT4 ,!Y 7 J AB ALL 9 :5 ,I CAME AL;G
& F9I%$ !M (F40
  8,B :Y D Y HATE !M S80 ,DEDE ASK$4
  8,2C !Y'RE S* C[>DLY SKUNKS40
  8,B Y PLAY ! SAME GAME !Y D40
  8,YES2 B N 9 ! SAME WAY40 ,"DLI<T
REG>D$ H] ?"\;LLY4 8,:5 ,I SAY C[>DLY
SKUNKS1 ,I M1N J T1--C[>DLY SKUNKS4 ,!Y
SET UP =A LOT ( GAM#RS1 & "! A9'T "O 9 A
?\S& ( !M T'S GOT ! N]VE 6BE A GAM#R4
,!Y'RE F\R-FLU%]S1 IF Y "K :AT T M1NS4
,!Y'RE A LOT ( LL COTTONTAIL RA2ITS MAK+
2LIEVE !Y'RE BIG RIP-SNORT+ TIMB]
WOLVES4 ,!Y SET \ 6"ELA/+LY EAT UP "S
PROPOSI;N B AT ! F/ SIGN ( TR\# !Y TURN
TAIL & /AMP$E =! BRU%4 ,LOOK H[ X "WS4
,:5 ! BIG FELL[S WANT$ 6UNLOAD ,LL
,COPP]1 !Y S5T ,JAKEY ,FALL[ 96! ,NEW
,YORK ,/OCK ,EX*ANGE 6YELL \3 ,8,I'LL
BUY ALL OR ANY "P ( ,LL ,COPP] AT FIFTY
FIVE10' ,LL ,COPP] 2+ AT FIFTY-F\R4 ,& 9
?IRTY M9UTES !M COTTONTAILS--F9ANCI]S1
"S FOLKS CALL !M--BID UP ,LL ,COPP]
6SIXTY4 ,& AN H\R AF T1 /AMP$+ =! BRU%1
!Y 7 ?R[+ ,LL ,COPP] OV]BO>D AT =TY-FIVE
& EV5 =TY4
  8,!Y'RE CATSPAWS =! BIG FELL[S4 ,ALM Z
FA/ Z !Y ROB ! SUCK]S1 ! BIG FELL[S -E
AL;G & HOLD !M UP4 ,OR ELSE ! BIG FELL[S
USE !M 9 ORD] 6ROB EA* O!R4 ,T'S ! WAY !
,*ATTANOOGA ,COAL & ,IRON ,-PANY 0
SWALL[$ UP 0! TRU/ 9 ! LA/ PANIC4 ,!
TRU/ MADE T PANIC4 ,X _H 6BR1K A C\PLE (
BIG BANK+ -PANIES & SQUEEZE HALF A DOZ5
BIG FELL[S1 TOO1 & X DID X 0/AMP$+ !
COTTONTAILS4 ,! COTTONTAILS DID ! RE/
ALL "R1 &! TRU/ GA!R$ 9 ,*ATTANOOGA
,COAL & ,IRON4 ,:Y1 ANY MAN1 ) N]VE &
SAVVEE1 C />T !M COTTONTAILS JUMP+ =!
BRU%4 ,I DON'T EXACTLY HATE !M MYF1 B ,I
HAV5'T ANY REG>D = *ICK5-HE>T$ F\R-
FLU%]S40