The Vancouver independent. (Vancouver, W.T. [Wash.]) 1875-1910, 1881-02-24

During the past week our press re-
ports have been busy with rumors of
railroad movements of the highest
Importance to the Pacific northwest.
1t has been generally supposed that
the statements given were based on
something more substantial than con-
lecture; and such is the fact. Until
now, however, it has not been ascer-
tanned what ground there was for the
report that the management of the o..
II. & n. Co. had obtained control of the
Northern Pacific. Our dispatches
have reported movements in connec-
ton Herewith which seemed almost
fabulous. And yet the reports. are
substantially true. We are now able
to announce on the surest authority
that scheme for control of the North
ern Pacific, which was organized by
Mr.. Willard and friends some time
since, has been carried through to sue
cess. In other words, Mr.. Wizards
combination has substantially secured
the Northern Pacific railroad, and this
great line will be opened, developed
and operated in the interest of the gem
eral railway system which the power
full Oregon company has undertaken.
The success of this plan does great
credit to Mr.. Wizards abilities rs an
organizer. 1t is spoken of by the east
ern press as an achievement without
a parallel in the history of commercial
and financial operations in America.
When it is remembered that SS,000,000
was called for and Sl6,000,000 was i'm
mediately offered though the object
for which the money was wanted was
not stated, we have Il fact which at
tests with sufficient significance the
confidence of capitalists in Mr.. Willard
and the great company which he rep
resents. Oregon has now obtained ce-
lebrity in new direction.
Control of the Northern Pacific by
Mr.. Willard and his associates will be
fraught with consequences to the en-
tic northwest of the most important
character. a great railway system
will be developed, all the parts of
which will be in harmony. 1t will be
developed in II way which will con-
duce most efiectually to the accommo-
dation of the business of the country.
The main trunk to Portland will be
built Immediately, or as quickly as
possible, and branches will be pushed
in accord with a systematic plan. An
immediate connection will be had for
the Northern Pacific beyond Snake
river without waiting for the construc-
ton of the road across the mountains
from Puget Sound, though doubtless
construction of that road will follow
The part which Portland will play in
this development is apparent. This
city will be the main depot of the vast
business of the northwest. 1t will be
the chief point of concentration for
the prodigious energies which the new
era will awaken and develop. Mr..
Wizards success in this great under
taking Identifies the Northern Pacific
with Oregon and with Portland, as
never before. These movements,
moreover, backed a. they are 10y vast
amounts of capital, give assurance
that our railroad system will be pushed
in all parts rs rapidly as energy can be
organized for it. Within twelve
months we shall have great results,
and within two years we may conf
IDENTIFY expect an eastern connection,
and perhaps more than one.
1t is singular indeed, and it flatters
our Pacific northwest no little, that
no other part of the country attracts
attention in so remarkable Il degree,
or offers so great indictment for large
operations. \ country on whose de-
velopment such large transactions are
confidently based undoubtedly holds
out promises of unusual growth and
advancement. There is unlimited
confidence in its resources, or capital
would not be so ready for anything
that offers, with which its name is
connected. The management that
has brought about the results we now
chronicle has been most mastery; and
it IS backed now with combined cap
ital which, in the development of its
vast and far-reachingplan finds time
its only real obstacle The new day
for which our people have waited 80
long has begun.-PoUtdnd Oregonidn.