Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1882-10-17

Under the heading above the Noun
foi" Sentinel. of Union. Oregon, edito-
rally published the following on the
9Th instant:
Information reaches rs from Seattle
that two National Banks have been e.
taolished there recently, bach with a
c.sh capital Of $4,000. John Leary,
we'll known to many of our citizens. and
one Of Seattle's most public spirited.
enterpeisin9 and suocesaful capitslists,
y one of the officers Of the First Ma
eonAl Bank Of seattle. But the most
important nows from that section to o.
e, that the seattle, Walla Walla and
Baker City Railroad COMPANY have a
proposition from D. o. Mills and 2. B.
Cornwall to this effect: II the CON-
peny viii grade and lay ties forty miles
Of the road, they will take its six per
oent. bonds in amount sufficient to fur
nish all the money necessary to lay q
steel tfaok over it, full length and equip
it with locomotives. passenger coaches,
freight and coal cars. They will also
guarantee, after the first year, daily
transportation Of i've hundreds tons of
coal at the rate of two cents a ton per
mile. To grade and tie forty miles of
road will cost 100000, one-half of
which is already subscribed, and the
other half will be in few DAYS. No
doubt Ia felt here that the completion
Of forty miles Of the road insures its
completion very soon after to Walla
WallA and Baker City. The proposition
viii undoubtedly be accepted, and there
is no doubt in the mind of any person
who is familiar with the geography of
the country, that it is the intention of
the Oregon Short Line. which is in real
ity the Union Pacific, to seek terminus
on the waters Of Puget Sound, and the
proposition Of Messrs. Mills and Corn
wall, two wide-awake California CAPT.
talists, ID, no doubt, made in the inter
est Of the Oregon Short Line. It was
the intention Of the Oregon Short Line
and tho Oregon Railway and Navigation
Company to connect at Baker City and
use ono track 10 the Columbia river,
but the Oregon Railway and Navigation
Company (sueoesson to the Oregon
Steam Navigation Company, after
creeping along at . sloth's gait for
year and . half, in completing IS
miles Of road between the Columbia
river and Pendleton, during which
time the Oregon Short Line completed.
equipped and placed in operation oyer
two hundred and fifty miles Of their
road toward the objective point, Baker
City, all Of Q sudden got in q hurry, and
rushed q few hundred Noneolians to
the front and placed them on the line
of the Oregon Short Line ON Burnt
river. This violation of the original
agreement and earnest desire to check
mate the Oregon Short Line, although
surprise to that company, seems only
TO have caused its managers to increase
their efforts to reach Baker City, and
hundreds 0f sChite men are being for
warded to the front, work is in progress
on the Burnt river bridge, and the Ore
Ron Short Line will move right along,
regardless Of tho puny efforts Of the
benevolent Monopoly" which, while
its head officer continues to attract the
attention of tho people of Oregon to
his magnificent gifts to Oregon institu-
ti0ns and propositions of endowment,
continues to rob our people beyond any
thing they have ever beon compelled to
suffer by their new systems of measure
ment. The sympathies of the people
are with the new company, and their
salvation depends ON the early compile
ton Of the Oregon Short Line and the
Seattle, Walla Walla and Baker City
Railroads,