TEXT OF READING 5541-2 M 68 (Land Developer)
Text
Date: 7/27/1932 Sex: M Age: 68 ReadingID: 13814
This Psychic Reading given by Edgar Cayce at his home on Arctic Crescent, Virginia Beach, Va., this 27th day of July, 1932, in accordance with request made by the self - Mr. [5541], new Active Member of the Ass”n for Research & Enlightenment, Inc., via Mr. David E. Kahn and Mr. [437].
[Edgar Cayce; Gertrude Cayce, Conductor; Gladys Davis, Steno. [5541].]
Time of Reading 11:30 A. M. Eastern Standard Time. …, Va.
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GC: You will have before you the body and the enquiring mind of [5541], present in this room, who seeks advice, counsel and guidance, regarding his business associations or investments in Virginia Beach, Va. You will answer the questions which he will ask regarding these, especially the Pinewood Hotel, Traymore Apts., and Beach Club.
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EC: We have the body, the enquiring mind, [5541], especially in reference to investments in Virginia Beach, Virginia.
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In considering investments in Virginia Beach, Virginia, as well as in any other portion of the country, consideration must be given the present conditions in an economic way that exist in all portions of the country. There is seen that in the immediate vicinity of this portion of the State, conditions have not yet been as bad as they do exist and have existed in other portions, or many other portions, of the country. The greater period of distresses in relationship to investments, as we will find, will be through the Fall of the present year and the Spring of the coming year, after which - or the coming season - there will be the tendency for bettered conditions as related to investments in Virginia Beach and its environs. The possibilities, and those things that tend to make for the place itself to become well known, and the property or investments to become valuable, will be found to be on the increase after the opening of next season. There are many things that are to be considered in this direction, especially for the interests that have been had by Laskin and associates.
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As is seen, there is little or no use in attempting to appeal to those of the SURROUNDING territory for their consideration, save in a very few instances. The necessity, then, is for the body to interest others that are capable, in a measure, to take conditions into their own hands for the developing of interests that would make for many, as well as the associates of Laskin, that that may be expected from the efforts already expended, and to insure the holding and keeping of those interests these should be quietly worked out, especially that idea that has been approached in a portion of the territory being turned into the cinema interests, or the addition of such an interest in the vicinity would enable the body and associates to realize the greater of the conditions that may make for the greater expansion or advancement, and through such a cooperative activity bring to the body and associates those proper returns for all that has been invested in this territory.
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With the years that are to come, conditions that are to arise, as we find, eventually - and this within the next thirty years - Norfolk, with its environs, is to be the chief port on the East coast, this not excepting Philadelphia or New York; the second being rather in the New England area.
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Ready for questions.
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(Q) After this season, will it pay to keep Beach Club and Hotel open? (A) As we find, beginning with the coming season - that is, next year - these will be all on the upgrade, rather than the tendency of lagging behind.
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(Q) Will I sell the apartments as I am figuring? (A) May be well; but, as we would find, while these may be sold in the manner that has been figured, it would be well that such other interests be maintained that there may be the proper returns for the time and the effort and the money expended.
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(Q) What is the future of Virginia Beach? (A) This, as we find, would require a great deal of speculation on the part of individuals. As WE would find, and as we would give, of all the resorts that are in the East coast, Virginia Beach will be the first and the longest lasting of the increasing of the population, valuation, and activities. Hence, as we would give, the future is GOOD.
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(Q) Is it advisable for my son [4246] to stay here and take care of the properties? (A) Beginning the first of the coming season, we would give, it would be most advisable.
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(Q) Will the climate here agree with him? (A) If the activities physically, and the activities in the mental, are such that there is more of the pleasant surroundings, it would agree with him; for, as is known by the body from its own experience, it is very necessary that individuals - in their activities physical AND mental - make up their own minds as to what to EXPECT! and there will be the turn of self in all endeavors in that direction! So, in considering the conditions, there are some things physically that need attention with the body, especially the soft tissue membranes - that the climate has been, from the altitude and the character of the climate, at times DEPRESSING; but these will sooner or later necessitate some personal consideration in ANY place.
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(Q) Will it be advisable for him, or beneficial, to stay here the year round? (A) Beginning with that period, yes.
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(Q) What is the future of Pinewood Park? (A) That depends upon the character of developments that are to make for the greater expansions in its immediate vicinity. If these were to remain much in the line as has been the expanding portions in the last few years, these would not advance for some time. With the changing of conditions, that will bring for the changing of the environs around, these will prove to be the most VALUABLE of the properties in the vicinity, for they offer OPPORTUNITIES in so many VARIED directions.
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(Q) Is the doctor [E. P. Brenner, D.C.?] the right man whom I have in mind to employ for the Health Institute? (A) There should be consideration given this in every detail, that there is the proper connection in all the circles that the body is to operate in conjunction with, as far as the medical fraternity is concerned. As to the ABILITIES, these are not ALWAYS sufficient - but the moral life, the home life, also must be considered. If these are found to be of that nature that they fit with that which would be builded IN the surroundings, then this must eventually become an IDEAL place for such expansions, that will make not only Virginia Beach a year round HEALTH resort, but a year round program for visitations and for the health activities as well.
We would hold, then, to that ideal that self has been BADLY construed, BADLY misunderstood. Do not hold these as grudges, for they will only grow and grow - if they are held against others. Do that which is known by self to be the manner in which SELF would like to be treated under SIMILAR circumstance, and we will find there will come the reward. While these have been such in the past as to only bring that which has brought many a misunderstanding, even heartache at times, these are near the end - if the body will but remain faithful!
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(Q) What is meant by “if the body will but remain faithful”? (A) To the ideal! That’s what was given! Considering the other fellow, the fellow man, the conditions as surround.
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We are through for the present.
Copy to Self ” ” File
Reports
Reports & Follow-up
R1. GD’s note: He said he would try to work out the reading - he went to N.Y. the next evening.
R2. 9/9/32 See 264-23, Par. 11-A through 15-A in re Mrs. [264] living in Virginia Beach, talking to Mr. [5541] in re managing the Traymore Apts., etc.
R3. 9/14/32 EC wrote Mrs. [264] and Mr. [853]: “Mr. [5541] was just here and asked me to write you saying that he would see you Sunday, and that no doubt he will wire you before he comes. He wants to make the arrangements with you to take care of the apts.
“Also he expects to bring Dr. Edw. P. Brenner [D.C.] here, to take charge of the work under the supervision of Dr. Clyde W. Irvin [D.O.]”
R4. 9/4/80 GD’s note: In 1947 when I visited Elsie and Bill Sechrist in California they took me to visit some of the [5541] family. When I told the son about what was happening to Laskin Road in Virginia Beach which had been named for them, he said - “I guess we should have held out longer.” They really did not get the cooperation of the townspeople.
Still, all the predictions made in the reading have come to pass. Twenty-six years after his reading, Mr. [5541] died, just about the time when the greater developments began to take place - it took that long for the Virginia Beach people to wake up to the possibilities.
R5. 5/16/59 Excerpt from Walter McGraw’s NBC “Monitor” Radio Program, THE CAYCE STORY - interviewing W. Russell Hatchett, City Manager of Virginia Beach, Va.
Announcer: Here is Walter McGraw in another chapter on the marvelous man who seemed to have knowledge possessed by no other human being, the mystic of Virginia Beach - Edgar Cayce.
Walter McGraw: Edgar Cayce didn’t go to Virginia Beach until the latter part of his life. He went there because one of his readings read that’s where he should settle. When he decided to move there, he knew nothing about the town, had never seen it and he and his family were most disappointed to see the sleepy little fishing village near Norfolk. But, since other people followed his readings, Cayce thought he should too, and there he settled. There too, he began to make friends, and one of these friends was W. Russell Hatchett, who is now City Manager of Virginia Beach. To him, and many others, Cayce made predictions about the growth of Virginia Beach - among them the fact that the city would grow northward, although all indications were at that time that the city would develop to the south. We talked to City Manager Hatchett and asked him if Edgar Cayce’s predictions had come true and we were told:
W. Russell Hatchett: Well, Sir, they certainly have, and I am amazed when you hear of Doctor Cayce’s vision with regards to values in this area - that he should have been so able to hit the thing on the head just as he did. Property in the area at the north end of Virginia Beach has advanced in price I suppose 10 times what it’s value was at the time when Mr. Cayce made this prediction.
Walter McGraw: Well, couldn’t this just be a matter of having a good eye for real estate? In other words, looking at the difference between the north and south side of Virginia Beach and saying, “Well, this is going to be the better property?”
W. Russell Hatchett: Well, it was in fact building to the south. The south area was more fully developed at the time
- the north end had not begun to develop too much.
Walter McGraw: Can you compare the property values between the north and the south end of Virginia Beach now?
W. Russell Hatchett: Well, of course, for residential areas, the values there are probably four or five times greater than the residential values of property to the south.
Walter McGraw: In 1932, Edgar Cayce predicted that within thirty years or by (1962) Norfolk with it’s environs would be the chief port on the east coast, and he said specifically “This not excepting Philadelphia or New York.” In 1932, how would you say these three ports compared New York, Philadelphia, and Norfolk?
W. Russell Hatchett: Well, I would say that Norfolk (not Norfolk, but the Hampton Roads area, was a low tonnage area in comparison to those three ports. In 1931, as an example, the harbor of Hampton Roads handled a million and a half tons, and for the year 1956 - New York Harbor handled 39 million tons, Philadelphia 29 million tons, Hampton Roads 49 million tons.
Walter McGraw: In other words, Hampton Roads Harbor is now the number one harbor on the east coast of the United States, which is something I didn’t know?
W. Russell Hatchett: Tonnage-wise it is.
Walter McGraw: And Edgar Cayce’s prediction did come true? Was there any indication in 1931 or 1932, which you can remember, that this would happen? W. Russell Hatchett: No, I think Doctor Cayce was probably the only person in this area who had any such idea that our Harbor would ever enjoy such business as it now enjoys.
Walter McGraw: I rather wish I had known about his predictions on property values long ago, you could be quite a rich man now.
W. Russell Hatchett: Well, a person could have bought blind and been a millionaire if they had followed Doctor Cayce’s advices.
Walter McGraw: Yes, many people say their lives were made much more prosperous and healthy as a result of the predictions made by Edgar Cayce, but he, himself, was never a rich man.
R6. See Source File Key #5541 for the following newspaper articles re. 5541-2:
9/14/58 Virginian-Pilot and The Portsmouth Star: Builder of Laskin Road; A Past Seven Look at the Past.
12/58 Virginian-Pilot: Modern Shopping Center To Be Built At Hilltop On Laskin Road.
1/1/63 Ledger-Star: Cows To Be Milked In Enchanted City; ‘Land of Contrasts’ (Town of Virginia Beach merged with Princess Anne County to become City of Virginia Beach.)
3/15/70 Virginian-Pilot: Beach Goes Boom.
3/7/71 The Beacon: It’s Official: The Beach Growing, Urban Community.
1/30/72 The Beacon: Land Values Soar On Oceanfront.
2/18/72 Ledger-Star: Building at Beach in January tops all cities in Virginia.
9/9/72 Ledger-Star: Beach Growth Rocketing.
11/16/72 Ledger-Star: Tidewater population 680,000.
1/29/73 Ledger-Star: Nixon earmarks $19 million for public works in Virginia.
Undated Ledger-Star: Cutbacks.
Undated Ledger-Star: Preservations funds slated.
8/12/73 Richmond Times-Dispatch: Unsinkable Virginia Beach.
9/2/73 Virginian-Pilot: 1973 Summer Season Has Been Best Ever in the History of Virginia Beach.
9/18/73 Ledger-Star: Flood control bill for Beach gets approval.
11/73 Form letter from Virginia Beach City Public Schools mentioning new construction for handling increased number of students.
10/20/74 Beacon: Merger Hurt Most Old Beach Borough Says Hatchett.
5/4/75 Beacon: Business Booms In the Resort City.
4/22/77 Ledger-Star: Virginia Beach is 4th fastest-growing city in U.S.
8/20/78 Beacon: Beach population tops quarter million.
1/28/79 Virginian-Pilot and Ledger Star: Norshipco Expanding Into Industrial Giant.
1/28/79 Virginian-Pilot and Ledger-Star: Va. Beach Booming.
9/3/80 Virginian-Pilot: Port’s Tonnage May Pass N.Y.’s [GD’s note: Further validation of 5541-2, Par. 5, 9-A in re growth of Va. Beach and Norfolk]
9/3/80 Virginian-Pilot: Israel to Ship More Cargo Through Hampton Roads.
11/30/80 Fiscal report shows it - Beach is big.
8/4/82 GD’s note: See THE VIRGINIA BEACH SUN article dated July 28, 1982, entitled CAYCE PREDICTED FUTURE FOR BEACH, under Edgar Cayce’s own reading number 294-1 Reports.
12/6-7/83 Beacon: My old hometown isn’t the same.
3/29-30/84 Beacon: Virginia beach ranks among fastest growing areas in U.S.
10/26/84 Ledger-Star: Beach among ‘least needy’.
Background
Background
None.
Generated research index
Index (LLM-extracted)
Summary
A psychic reading for a 68-year-old land developer in 1932 about investments in Virginia Beach, including the Pinewood Hotel, Traymore Apartments, and Beach Club, with predictions of future growth and advice on business and personal conduct.
Conditions: depressing climate effects on soft tissue membranes
People: laskin, King David, mr. 437, e. p. brenner, clyde w. irvin, mr. 853, mr. 4246, w. russell hatchett, walter mcgraw, elsie sechrist, bill sechrist
Places: Virginia Beach, norfolk, philadelphia, New York City, England, hampton roads, California
Concepts: economic cycles, future predictions, Ideal, faithfulness, cooperation, health resort, year-round resort
Referenced readings: 264-23, 294-1
Mentioned Entities
Virginia Beach, Ideal, New York City, California, David Kahn, England, Gertrude Cayce, Gladys Davis, King David, Norfolk Daily Press, Visions
Source: The Complete Edgar Cayce Readings, A.R.E. CD-ROM (2006). Reading 5541-2, ReadingID 13814.