California’s Great Land Holdings
According to a recent statement, 35 men own one seventh of the whole state of California, or hold an average of 500,000 acres apiece. One of the great drawbacks in the settling up of the state has been the large land holdings. If these were broken up into small tracts, the population of California would increase very much more than at the present. Think of one firm owning 15,500,000 acres! The rest of these great holdings range from 25,000 up to 350,000 acres.