The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-01-12
INVESTING MONEY.

The promptness with which the seven-thirtY
gold bonds of the Northern Pacific Railroad are
being taken up by investors, is not surprising
when we consider the substantial nature and
perfect security of the investment. The char
acter and financial standing of the house of JAY
Cooke & Co. constitute one of the surest guar
antees that the Investment is one of the safest
and best that is now on the market.
The lands with which this company has been
endowed by the liberal policy of the nation,
policy which increases vastly the value of the
alternate sections reserved by the Government,
are of themselves worA much more than the
whole cost of the road and its equipment. These
lands are in the finest grain-growlng sections of
the Northwest, and extend from the western
boundary of Wisconsin through Minnesota,
Montana, Idaho Oregon, and Washington Terri
tory 10 Puget Sound. The clislate on no part of
the extended route of this great road is colder
than in Minnesota, the finest wheat State In the
Union, while for two-thirds of the distance the
temperature is as mild as that of Ohio. The
most extensive arrangements have been per-
fected for the settlement of the country by inn
migration and colonization. Various colonies
of several hundred families each already
forming in several of our Eastern aud Middle
States to move to the superb wheat lands of
Minnesota and Dakotah, on the line of the
miles of this road, from Lake Superior at Du-
luth to the Red River of the North, are APP
preaching completion.
We b I'VE said the land grant of the Northern
Pacific Road was sufficient to build and equip
the whole road, and when consider that this
immense domain is greater by O,000 square
miles than the whole of New England, and that
the territory is sufficient to make two States as
large as Massachusetts, each of them with a soil
and climate the equal of the best portions of
Minnesota, and with all the resources of coal,
timber, minerals and never-f falling water
power, our statement seems far within the
truth.
This whole grant is within the parallels of
latitude which in Europe and America embrace
the most intelligent active, and progressive
populations. At short intervals the route is
crossed by large navigable streams, upon many
of which commerce by steamboats, has long been
established. This road will form connecting
link, over two thousand miles long, between
navigable waters in the United States, and will
give combined length of railway and river
navigation of not less than four thousand miles,
which will be commercially and financially
subsidiary to this land grant. Coal, Ignite
and wood are found in abundance in the coun-
try through which the road passes.
The mildness of the climate of the North
western belt of States, astonishing as 1t may
seem, is nevertheless true and abundautly testi-
fed to by man and beast. The domestic cattle
of Montana Idaho, Washington, and Dakotah
range out ALI winter aud are in good condition
in March. Much of the line of this road passes
through the winter homes of the buffalo and ante
lope. These animals are invariably in good
condition, and never "spring poor" In no part
of the world can larger crops be raised of wheat,
barley, rye oats, and potatoes than on the lands
embraced within and adjacent to the grants of
the Northern Pacific Railroad, and there are
nowhere finer apples, pears, plums, and cherries
than those grown on this route west of the
Rocky Mountains This great region, when
developed as it will be in the immediate future,
is destined to become the great grain and meat
producing section of the country. There is no
richer field for young and enterprisng men than
this new Northwest, which, through the agency
of the Northern Pacific Road is SO soon to be-
come filled with an Industrious and thrifty
population.