The Superior times. [volume] (Superior, Wis.) 1870-1912, 1881-08-27

LOT building, its managers did not think Il
wise TO boast OF the value of their franchise
In the race OF Congress that had already
raised the question Of a forfeiture. Since
money has come into the treasury by the
Dushei TO fnish the road, and the Secretary
OF the interior has decided that the charter
OF the Northern Pacific, unlike the charters
OF moet Iand-grant roads, does not permit oi
Q forfeiture. this reserve about the land grant
has worn off. Where it runs through n
state, the Northern Pacific, has half the
iand-distributed in alterdate sections-for
twenty miles on each side of it's track.
mere 1t goes through Territory, it has
half the land for forty miles on each side. In
other words, it has the equivalent of solid
strip, twenty mile wide, through Wisconsin.
west OF Montreal river, and through Mime.
sofa. Through Dakota, Montana, Idaho, and
along the Cascade Branch, it has what is
equal to solid strip of
LAND FORTY MILES WIDE,
If its other branch, on the Pacific slope
runs between Oregon and Washington, it
will have, beside the above, the half of a
strip forty miles wide in Washington, and
half of one twenty miles wide in Oregon. Its
charter gives it a double line, and so a
when the Northern Pacific buys the Oregon
Railway & Navigation Company's line. it
will take with it a land-grant of immense
value. II may do this, for it's charter permits
1t expressly to build or acquire, in order to
complete its line from the lakes to the
Pacific. It's main line and its branch will
give the Northern Pacific, on the Pacific
coast, an equivalent of belt seventy miles
wide to tiGe water.
But THIS Is NOT ALL,
as much of the land that Law in the path
of the Northern Pacific had been taken up.
or would be taken up before It's grant
occurred, by pre-emptions, homcsteads, by
grants to other railroads, by reservations to
Indians, and similar causes. Congress pro-
ylded that when such shortages occurred, the
road could take an equivalent amount of
land anywhere within a belt ten miles wide
on each side of its original land-grant. And,
still later, Congress gave it permission to
reCOup itself from any such shortages, that
were made after 1864, by taking an equal
amount of land out of second indemnity
belt, zen miles wide, on each side of the
first indemnity limit. This is, the Northern
Pacific takes, with the exception of what the
Government has already disposed of, one
half of a belt forty miles wide through
Wisconsin, forty miles wide through
Minnesota, eighty miles wide through
Dakota, eighty miles through Montana,
eighty miles wide through Idaho, eighty
miles wide through Washington, along the
Cascade Branch, forty miles wide along the
Portland Branch in Washington, and
twenty miles miles wide in Oregon, along
the last-named branch. Then. if it finds
itself short say, for illustration, 5000, 900
acres of the amount Of land on hit to have it NAV
recoup itself to that amount out CT any of the un~
appropriated land within the two Indemnity belts
These give it ali additional strip forty miles wide
hom the lakes to the Pacifc, within which 10
make its selections. 1t may make up all its short,
age at any point III this belt where it finds the
most valuable land If the best land. for instance
lay in Montana, tao road could make up all lis
shortage there, and might take half of all the
land, for width of one huudred and twenty miles
until its ldnd>gr mt satisfied.
Whist does this land>grant amount 70 Its or ginal
amount was II ,OOo,O00 acres The Company had
sold at the time tf the last statement, 23l2 600
acres. The officers of the Company, most familiar
with the extent and valne of the dgrant calcul
tor ro-sihiy unavailable lands, the available lands
OF the Northern Pacific, upon its completion, will
amount to 35, 100000 acres.
The capitalization Of tho Northern Pacific Will be
LESS THAN ONE HALF
that Of the Union Central Pacific system which with
dividends 1888 654 992 OF stocks and bonds. Most
of the earnings of the Union>Central local. The
local traffic OF the Northern Pacific, which runs
through better country and has better population,
will he very large. 1t will command great part Of
the Asiafic trade by it's saving Of 100 miles the
more southern routes. There is no Credit Mobiiier
to suck the profits Of the Northern Pacific away.
The Oregon Transcontinsntal, the contrary,
will provide the main line with per feet system OF
feeders An immense business awaits tho COM
pleton Of the road. President Piilsbury, Of the
liza ~ard n afafAH hat fha
that city will hereafter need 3O,OOOOOO bushels a
year to keep them running. Last yea. the sur
plus wheat of the whole Pscifc coast was not less
than ,4U0O 900 tons. With the opening OF the North
prn Pacific coast not less than 10000 tons.
With the opening of the Northern Pacific through
Eastern Oregon and Washington to the lakes, the
cost of shipping bushei OF wheat to New York |
from Oregon will be sxty>ive cents, against ninety
i've cents now. As already stated, the Oregon |
system will alone add s5,000,0O0 at once to the
traffic of the Norihern Pacific. What will come to |
t from the
THoUSAND NILES OF FEEDEks.
% be built i'm ediately in Dakota and Minnesota is
limited only by the development of the country. |
early 900 OOs acres OF Coy land have been
aiken up by actual settlers along the line. by the |
de of the land-grant in Dakota aud Minnesota, |
Turing the past eighteen months Immigration is |
rapidly filing up the country, and very large pro-
portion of the new comers are Americans from the !
States attracted by the success of those
Who went before. Every planted with wheat I
he managers of the road count good for an annual |
evenue of s. to them for the transportation of the
wheat alone. This country was once thought to be
desert but it is in reality of the best farming
Countries in the world. This is district Chicago
business men should look after Its trade is increas-
ng rapidly. The daily paper at Farg-the Argus
lis crowded with advertising, index of the /
u osperity of the community. At Miles City, mp
he Yellowstone, beyond the railroad there are
torres whose cash sales amount TO 500 day, to say
lothing OF their credits. With this vast American
territory filling up with American territory filling
~ with Americans waiting for supply 1t With
ailroads, goods machinery, and capital. we can
ford to agree with Gen, Sherman that We do not
need Mexico" II. D. L.