AT THE BASE of the flagpole that marks the beginning of Disneyland's Main Street in Anaheim, California, rests an unobtrusive plaque. It reads: "Disneyland is youth land. Here age relives fond memories of the past and here youth may savor the challenge and promise of the future. Disneyland is dedicated to the ideals and the dreams and the hard facts that have created America with the hope that it will be a source of joy and inspiration to all the world. July 17, 1955."

These are the words with which Walt Disney opened his remarkable experiment in entertainment almost half a century ago. Today it's more than a bit dizzying to turn around and trudge back across the ticket plaza to the new resort Michael Eisner has built in what was the old Disneyland's parking lot. Walt's Magic Kingdom now shares the block with Eisner's California Adventure, and the distance between the two is much further than the seventy yards between them would suggest.

Like Disneyland, Eisner's park is divided into theme areas. Furthest from the entrance, and dominating the park's skyline, is "Paradise Pier." There's a roller coaster called "California Screamin'," a Ferris wheel, a boardwalk, and some carnival thrill rides. A raft ride, marking the middle of the "Golden State" section, gets you wet cascading down the slopes of a Sierra Nevada peak reminiscent of the grizzly bear on the California state flag. There's a mini-section with a big-screen flight simulator that wings you over bits of California scenery (the innovation here is aromatic: Over forests and orchards we get bits of appropriate orange or pine scent). "Pacific Wharf" is a food court complete with a microbrewery and patio for wine tasting. The "Hollywood Pictures Backlot" is a street of 1930s-style false fronts with theaters for stage shows and films and more places to get hot dogs. Abutting the park on the west is the new Grand Californian Hotel and a half-mile shopping mall called "Downtown Disney."

The expanded Disney empire in Anaheim has been long in coming. Ever since the opening of Disneyland in the 1950s, Walt and Roy Disney resented the dozens of hotels--of various grades of cheesiness--that grew on the park's perimeter, and they resolved not to repeat their mistake of buying too little land when Disney World was planned in Orlando. Meanwhile, back in California, the Disney brothers negotiated with the city of Long Beach for an Epcot-like park on the city's waterfront (where they already owned the Queen Mary and the Spruce Goose), but nothing materialized.

Now, under Eisner, the company has joined with the city of Anaheim to develop 1,100 acres around Disneyland. Disney bought out the businesses that bordered the park to the west, expanded its hotels, built the "California Adventure," and put up huge parking garages--all at a price tag of $1.4 billion. And the expansion isn't over: The Anaheim city council approved in concept a third theme park for Disney last July. It's not just Disneyland anymore. It's now the "Disneyland Resort."



FUNNY. As kids growing up in southern California we never thought of Disneyland as a resort. Baden-Baden and Palm Springs were resorts. But Disneyland was a kingdom. It was, in fact, a kingdom celebrating American optimism. It's easy to read those words Walt Disney spoke at the park's dedication as so much blather. Disneyland was and always has been a business. Walt--and especially his older brother Roy--were wizards at marketing. And when looking at Dumbo it's hard to know just what Disney meant by "hard facts."
Val:Y