Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1877-02-03
snunl. SATURDAY IOsxIxC, VEB. 1, 1871
Our Slumhcring Enterprise-Th'
Olympla.TemlnO Railroad.

" " Win eNtrcue Teiucteuce We
alludc 10 q project which-despite
the considerations that should have
kept IL alive--has slept 70 soundly
Tor 10 many months. The reasons
which influenced our people when
the survey was made, the necessity
which secured the enabling act Of
Congress 10 lcgalize the extension
Of county aid 10 the enterprise, the
motives which actuated our people
when they cleared the ground
and prepared the road-bcd, and
the thorough canvass made TO Sc.
cure an affirmative vote, authorizing
tho issue u bonds--havc brought to
tho surface nearly every argument in
favor 81 and against the project;
and u has been demonstrated that
while IL IL entirely feasible At a
moderate cost. there il not the most
remote possibility Of loss TO those
who may invest their money in the
enterprise. The interest guaranteed
upon va 900 and tho small expense
II operating compared with the
lowest estimated profits Of the road
preclude any idea Of the revenue
ever being inadequate to pay the
low rate Of interest which obtain in
money centers. When, however,
W. consider the increase Of trade,
the development Of the rich mires
of coal tapped by the road, and the
steady growth in wealth and popula-
ton which will result in town and
country. the enterprise promises
better returns than hundreds Of sim
liar enterprises which are seized
upon with avidity by capitalists.
Our correspondent says that any
81 our business men possessing the
confidence Of capitalists can baild
tho road. or cause Il 10 be built, il
the effort 10 only made. II ID true,
aud We add that any body who sets
about Tho work In earnest will re-
esive cordial sympathy from our
citizens. and thore are scores Of in
hucntial people who will fall in line
and work faithfully in the ranks,
who are Wasting In tho elements Of
gcneraiahip. Who will b the
Moses 10 lead IN from the wildernessf
No much. by way Of preface, to
the following letter, written by one
whose whole soul IL enlisted in the
project
Epios STANDARD: I propose TO
cay few words about our Olympia
and Tenino Railroad. but II you are
discouraged and rather mot b hum
bagged any moro. ! can't blame you
much. I hardly know whsrs 10 take
held Of this railroad fatality, but.
with your consent. I will Offer little
suss~work on The subject. The
Amt thing In al railroad matters is.
monsy-will u payf I answer, &C.
corling 10 oil rules Of business and
trade, II will pay. And in this com.
manicstion. ! will only give ny rea-
soss briefly.
ist. Olympia 10 situated a tho
head of navigation. at The head Of q
commercial navigation Of The Pacific
Ocean. aud In taot Of the whole
world.
"a, To construed this short joint
of about fifteen miles win connect
Ocean, sound and railrosd eommu-
nicasioa. for thousand Of miles. The
simple fact 10 sui1eisnt. according to
oil eommon-ssnss rules Of business
aad trads.
A 10 The elas Of road, there can
b bvl little doubt. A large major
ny Of thsss voting subsidy vsrs in
favor Of . Arst slass-road. 70 CORE
spond sxastly with the Northern
Pacific road. For this thsss are
good ssd valid reasons, ed also for
immediate construction Of The road.
A. ior The items Of trade which would
naturally and nscsssasily sostrisuts
10 msts THE road good paying stock.
I leave fos sb,ss psss; ! bsvs not
sAs statistics and Asurss y hand.
ssd win only speak u ess bsaseh Of
oas export trade, our lunhss. AZ 10
our lumber trade On ~ ooead, at
pcisls adjassat 10 wsass. soshing
sssd here b. said, sad ] saly spsak
Of what can b. rssshsd b sedlsosd.
49, s~ha q S,~~-nf~n ~ nom