, 1873-09-25
gnaet Sound 9ispateh.
Suspended.

~0SR
The following dispatch was received
here this morning;
"TAcoMA, Sept. 19.--All work sus-
pended on the town site until further
orders" stson.s
The immediate cause Of this suspen-
sion is the failure of Jay Cooke & Co.,
whose failure is attributed to the attempt
to carry the Northern Pacific Railroad.
and of course that Company goes down
with the bearer Of its burden. The ap
parently insignificant fact of the location
of the terminus at notoriously improp-
er place, and the exposition which i'm
mediateIy followed, showing the con-
nection of the Company with an inside
ring, may have had no small share
in bringing about the result. We know
that the location was mere kite-hying
devise to raise the wind, and that Jay
Cocks was party to it. 1t was calcu<
lated that not less than 90, geo, GEO could
Immediately bs realized from the sale
of town property in Eastern cities, and
this money was depended upon to re-
lieve pressing necessities. 1t was sub
terfuge unworthy of men of business
character and it has failed, as it ought
to have failed. Mr. Cooke knew. and
the Railroad Directors knew that the
town of Tacoma, as railroad terminus
was fraud upon the public. as the fol-
lswfng extract from letter from Capt.
Phelps. of the U.S.. S. Saranac, dated
at Steilacoom, Sept. II, to H. L. Yesler.
of this city clearly proves:
"The Admiral was anxious to visit
the place, SO / endeavored to gratif y
him, but in consequence of being liable
to find an anchorage. was forced to dis
appoint him, and bore away for this
place where anchored at Z 30P.M.
.eAt Tacoma stood in towards the
shore is three places with the ship at
very slow speed. and both leads going
and could not get bottom with 20 faith
oms line out till we we're too close to
the beach for the ship to swing and con-
sequently could not get an anchorage.
l then backed off shore and sent q boat
in to sound with the sartsc result. The
feadsmen were using 20 fathomS line,
and the first sorrding obtained was 21
fathoms, close in shore. So much for
harbor of Tacoma. The first point of
this is-the Saranac could not find an
chorage. think 1 spent nearly two
hours at it.
"The grand Railroad Terminus of the
N. P. K. r. will never in my opinion,
be at Tacoma The place has neither
anchorage nor harbor; is exposed to a
lt ng reach of northerly winds, and not
one thing to recommend 1t. The Off
GERS of this ship. from Admiral down,
do not take stock " in it.
"Yor ase at liberty to use this infor-
nation, over my signature in any way
TO the advantage of Seattle. which place
iii time must from force of circumstances
and nature be the grand city Of Puget
Sound"
This statement accords with all pre-
vious surveys and explorations of the
bay upon which Tacoma is situated, and
with the private reports made to the
Board of Directors of the Northern Pa.
cific Railroad by Thomas H. Cantield,
the special commissioner of the compa-
ny to examine the harbors upon Puget
Sound with reference to the location oil
terminus. There could have been no
mistake or misunderstanding about it;
it was deliberate attempt at fraud, and
has proved most disgaceful failure.
destroying public confidence in the in
ftegrity Of the Company and its Fiscai
Agent and involving the whole in a
common ruin. Juatice wifi overtake all
fsuch dishonest devices sooner or later.
l