The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1880-04-09
A ONE MILLION TWO HUNDRED and
TWENTy-Six THOUSAND DOLLAR
TRANSACTION,


TRANSACTION.
The entire possessions of the Ore
gon Steam Navigation Company
were transferred to the Oregon Rail
way and Navigation company on the
3lst OF march, 1880. The following
is statement of the property trans
ferred, as found in the Daily Oregon
iass of April lst, which places nearly
allthe transportation facilities of this
State in the hands of one corpora
ton, with but little show of opposi-
ton, or competition. What the eff
feet Of this transaction will be, re-
mains to be seen. The future not
only Of this State, but of the north
west coast, is, in great measure in
the hands of this corporation. There
is one avenue of commerce, one out
let to the ocean, however, which they
do not control Yaquina Bay-and
it remains for those Immediately in
terested in cheap transportation to
say whether or not this natural out
let of Central and Eastern Oregon
shall be made available in the present
emergency. A liberal appropriation
for the improvement of Yaquina Bay.
by the present congress, is the only
hope left for the people of this state.
With this the people of Oregon can
secure competition in freights and
fares, and short and direct route to
market; without an appropriation
the people are completely in the pow
er of one of the greatest monopolies
that ever did, or ever can, exist in
this state.
In view of these startling facts, no
wonder that the press of this state
demands, in thunder tones, that our
senators and representative in con-
gress should, without fail, secure such
appropriation. To falter now, or de-
lay, would be an objectionable SIN,
and great public calamity. In the
face of FACTS ana FIGURES, now be.
fore congress that honorable body
cannot, and surely will not, turn
deaf ear to the reasonable and impcr-
ative demands of an overburdened
people for relief. The OregoniaD
says:
Pursuant to resolution passed yesterday
by the stockholders of the Oregon Steam
Navigation Co. at meeting held, and also
by the board of directors of the same cor
poration, the formal transfer of all the prop
erty, real and personal was made to the Or
egon Railway and Navigation Co. Readers
of the Oregonian will remember that men,
tion of this sale was made in these columns
since. The deed, in which is mi
nutely described all the property included
in the transfer, was placed on file yesterday
in the Office of the county clerk. 1t is
most voluminous document, covering nearly
so pages of legal cap.
The consideration mentioned in the deed
IS $4,000, and the property included in
the transfer is as follows
rolling stock, ETC., belonging to the compa-
ny between the Upper and Lower Cascades
on both sides of the Columbia river, known
as the '' Portage"
All the road between The Dalles and Ce-
lilo Including rolling stock, offices, ETC. j;
also all road beds owned by the corporation.
All the telegraphic lines, wires, poles, in
struments, ETC., between Portland and Wal
la Walla.
In addition, all the real estate, docks,
landing, wharves, etc., belonging to the
company, located in Portland, Multnomah
county, in Oregon City, Clackamas county,
Salem, Marion county, Astoria, Clatsop
county also at the Upper al Lower Cas-
cade in Multnomah and Wasco CO mites at
The Dalles, Wasco county; in Umatilla
county, Skamania county, Washington ter
ritory; in Valla Walla county, Washington
territory, and in Lewiston, Idaho territory.
A bill of sale will be filed to-day in the
Office of collector of customs, transferring
all the floating stock, for the consideration
of $726,O00. The following is the list of
steamboats, and barges mentioned in the
sale:
Steamboats,. - Dixie Thompson, Emma
Hayward, Bonita, Welcome, Wide West s.
G. Reed, r. r. Thompson, Mountain Queen,
Annie Faxon, John Gates, Spokane, Almota,
McMinnville, Northwest, Harvest Queen,
d. s. Baker, Idaho, Bonanza, Willamette
Chief, Champion, E. n. Cooke, Ocklahama,
Orient, Occident, Fannie Patton, S. T.
Church, Alice.
Barges-Autocrat, Columbia, Columbia's s
Chief. Huntress, Wasco, Tenino, Gov Gro
yer, Oneonta, Josie McNear, Wyatchie
The bill of sale also includes all the wharf
L II