Okochee, in Georgia, had a boom, and J.Pinkney Bloom came out of it with a "wad." Okochee came out of it with a half-million-dollar debt, a two and a half per cent.city property tax, and a city council that showed a propensity for traveling the back streets of the town.These things came about through a fatal resemblance of the river Cooloosa to the Hudson, as set forth and expounded by a Northern tourist.Okochee felt that New York should not be allowed to consider itself the only alligator in the swamp, so to speak.And then that harmless, but persistent, individual so numerous in the South--the man who is always clamoring for more cotton mills, and is ready to take a dollar's worth of stock, provided he can borrow the dollar--that man added his deadly work to the tourist's innocent praise, and Okochee fell.
The Cooloosa River winds through a range of small mountains, passes Okochee and then blends its waters trippingly, as fall the mellifluous Indian syllables, with the Chattahoochee.
Okochee rose, as it were, from its sunny seat on the post-office stoop, hitched up its suspender, and threw a granite dam two hundred and forty feet long and sixty feet high across the Cooloosa one mile above the town.Thereupon, a dimpling, sparkling lake backed up twenty miles among the little mountains.Thus in the great game of municipal rivalry did Okochee match that famous drawing card, the Hudson.It was conceded that nowhere could the Palisades be judged superior in the way of scenery and grandeur.Following the picture card was played the ace of commercial importance.Fourteen thousand horsepower would this dam furnish.Cotton mills, factories, and manufacturing plants would rise up as the green corn after a shower.
The spindle and the flywheel and turbine would sing the shrewd glory of Okochee.Along the picturesque heights above the lake would rise in beauty the costly villas and the splendid summer residences of capital.The naphtha launch of the millionaire would spit among the romantic coves; the verdured hills would take formal shapes of terrace, lawn, and park.Money would be spent like water in Okochee, and water would be turned into money.
The fate of the good town is quickly told.Capital decided not to invest.Of all the great things promised, the scenery alone came to fulfilment.The wooded peaks, the impressive promontories of solemn granite, the beautiful green slants of bank and ravine did all they could to reconcile Okochee to the delinquency of miserly gold.The sunsets gilded the dreamy draws and coves with a minting that should charm away heart-burning.Okochee, true to the instinct of its blood and clime, was lulled by the spell.It climbed out of the arena, loosed its suspender, sat down again on the post-office stoop, and took a chew.It consoled itself by drawling sarcasms at the city council which was not to blame, causing the fathers, as has been said, to seek back streets and figure perspiringly on the sinking fund and the appropriation for interest due.
The youth of Okochee--they who were to carry into the rosy future the burden of the debt--accepted failure with youth's uncalculating joy.
For, here was sport, aquatic and nautical, added to the meagre round of life's pleasures.In yachting caps and flowing neckties they pervaded the lake to its limits.Girls wore silk waists embroidered with anchors in blue and pink.The trousers of the young men widened at the bottom, and their hands were proudly calloused by the oft-plied oar.Fishermen were under the spell of a deep and tolerant Jjoy.
Sailboats and rowboats furrowed the lenient waves, popcorn and ice-cream booths sprang up about the little wooden pier.Two small excursion steamboats were built, and plied the delectable waters.
Okochee philosophically gave up the hope of eating turtle soup with a gold spoon, and settled back, not ill content, to its regular diet of lotus and fried hominy.And out of this slow wreck of great expectations rose up J.Pinkney Bloom with his "wad" and his prosperous, cheery smile.
Needless to say J.Pinkney was no product of Georgia soil.He came out of that flushed and capable region known as the "North." He called himself a "promoter"; his enemies had spoken of him as a "grafter"; Okochee took a middle course, and held him to be no better nor no worse than a "Yank."Far up the lake--eighteen miles above the town--the eye of this cheerful camp-follower of booms had spied out a graft.He purchased there a precipitous tract of five hundred acres at forty-five cents per acre; and this he laid out and subdivided as the city of Skyland --the Queen City of the Switzerland of the South.Streets and avenues were surveyed; parks designed; corners of central squares reserved for the "proposed" opera house, board of trade, lyceum, market, public schools, and "Exposition Hall." The price of lots ranged from five to five hundred dollars.Positively, no lot would be priced higher than five hundred dollars.
While the boom was growing in Okochee, J.Pinkney's circulars, maps, and prospectuses were flying through the mails to every part of the country.Investors sent in their money by post, and the Skyland Real Estate Company (J.Pinkney Bloom) returned to each a deed, duly placed on record, to the best lot, at the price, on hand that day.
All this time the catamount screeched upon the reserved lot of the Skyland Board of Trade, the opossum swung by his tail over the site of the exposition hall, and the owl hooted a melancholy recitative to his audience of young squirrels in opera house square.Later, when the money was coming in fast, J.Pinkney caused to be erected in the coming city half a dozen cheap box houses, and persuaded a contingent of indigent natives to occupy them, thereby assuming the role of "poulation" in subsequent prospectuses, which became, accordingly, more seductive and remunerative.
