Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1870-11-12
oLTIPIA, SATURDAY IonyING, nov. T., 1870.
Northern Pacific Railroad.

Northern Pacific Railroad.
A great excitement, and consequent PAN
10, among spectators in real estate, was
caused last week by the report that the
surveying parties wero to be withdrawn
and work suspended on the railroad sur
veys in consequence Of the depression in
the money market, caused by the continu-
alton of the war in Europe. Nothing in
the movements Of the company thus far
justify any such conclusions. 1t was not
anticipated from the first that in any event
tie surveying parties would all be kept in
the field through the Indictment winter
months, and the time Of going into winter
quarters was to be determined by the state
Of the weather. Thus far, only two par
ties have been ordered into winter quarters
Capt Smiths party, now on the upper
Columbia, and Major Kidder's party, en-
gagged on the locating survey towards Seat
tie. Col. John F. Kidder's party, engaged
upon the locating survey between Olympia
aud the Columbia river, is yet in the field,
and was reinforced from Portland on Tues
day last by twelve additional men. This
would seem to indicate that the location
Of the first twenty-five miles Of road, which
the grant compels the, company to con.
struct next season, would be between
Olympia and the Columbia river, com.
msncing At or near this place; and hence
the necessity Of keeping in the field the
party engaged in this locating survey while
the other parties are Withdrawn, in order
that the route may be ready for commenc-
ing the construction early in the spring.
Unless achange Of orders should be made,
It is the Intention Of the experimenting
engineers to make their headquarters at
this place when the operations Of next
season commence. .......
Of course no sensible man will conclude
from these facts that the termination of the
road is definitely settled At this point, or
any other, upon the Sound, but it Is GER
tainly - Indication that the first section Of
the road will not be very far from the To-
eating line now being pushed through.
Nor do We believe that the stringency Of
the money market will operate to the en-
tire suspension Of the work. The fran
chises of the company are too valuable to
be forfeited to any such contingency, and
Il is not at al probable that Congress will
grant an extension Of time under the large
y increasing popular hostility to railroad
grants, and the great desire Of the Union
and the Central Pacific Railroad eompan-
IL to get possession Of this grant on the
Pacific coast side Of tho mountains, in or
der 70 control the trade Of Puget Sound.
II the Northern Pacific Railroad Company
does mot promptly comply with the eondi-
toas Of il Govsrnnsnt subsidy, there
are plenty ofothers who would gladly take
Il with the conditions attached.
In the meantime Olympia has nothing
p fear. II present prosperity and future
growth does nj depend upon the terminus
II the railroad. With scarcely any hops
Of being selected ~ the fn.l terminus,
here is no town upon the Sound, and few
upon the coast which have shown more
healthy and vigorous growth during the
psi year. Over one hundred teuemeuts
Asve been built during the past season,
and large preparations arg being made for
IL construction Of larger and more costly
buildings next season. Real estate has ad-
vaneed rapidly and is still advancing in
price, and whatever delay may occur in
IL immediate construction Of railroads,
nsxt year viii go this town and the sur
Sesadiag country teeming with life and
visosous prspsrity.