Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1883-10-25

ident of the Wood River country named
Barnes, formerly member Of the Idaho
Legislature and Il man who supported
Ainslie for Delecite at the last election.
He says the people in that section believe
that North Idaho ought in right be joined
with Washington when she becomes a
State, that both Democrats and Republi
cans think this, but that the matter should
be pressed in Congress earnestly during
the term of our present Delegate, that
there are those in Ada county who are
quietly working against the measure, and
seem determined. il possible, to defeat it.
He is confident that the majority Of tn
people, south, conccde the lroIriety and
justice of our going with Washington
But that he doubts the election Of anoth-
cr Republican Delegate upon that issue
and thinks that Sngiser must accomplish
this measure during his term, if it is ever
accomplished, that the same favorable
condition Of things will not happen at
another election. He also says the peo-
pie of Wood River and Eastern Idaho
will hold the balance Of power at the next
election and they will move the capital
east from BOISE City. We never met
Mr.. Barnes before, yet he seems to be a
candid man and volunteered these views
with much candor and confidence.
Oct IL, 1888.
To-day at halt past one O'Clock we ex-
pect to leave for Riparia en- route for
home. Have converscd with several
touching the depreciation of the Willard
stocks, some of them are in position to
know the cause aud seem to be frank in
giving opinions. From all we can gather
or, one Of the principal causes is the ex
trayagant management in making haste
to get the line across the continent so as
to save the land grant, and another is the
projected outlay for more work in the
building terminal facilities ia the West,
requiring millions of expenditure before
they can be Of practical utility and thus
deierring the time when stockholders can
expect to reap any dividends from the
earnings of the road. Another is the
read as through line lacks several hun
drcd miles Of completion of the main line
unless they buy the o. II. & N. Cos line
from Wailula to Portland and conver.
that to the Northern Pacific, the authority
to do which, under the charter, and pre-
serve the land grant along the purchase
is questioned, and another is that the
present Zine of the road without the aid
of feeders on the west side of the Rockies
is comparatively valueless for local traffic
passing through country of compare
lively limited power Of production and
these feeders have yet to be constructed
requiring several millions more, and SO
far as the Oregon Transcontineutal Co. is
concerned it is a creditor of the Northern
Pacific to large amount already and is
called upon to still augment that credit to
several millions for further work and wait
the earnings Of the road to get even their
interest money, and still another is that
the conviction has obtained among
monied men, that there has been unskill-
ed plans for location of feeding lines,
which will have to be greatly modified
and changed to make them profitable as
feeders, involving great expense. Another
Is that if the present management contn-
ues it will still be encountered with "A
large retinuc of retainers at large salaries
whose chief business seems to have been
to magnify the greatness of Willard as
blowers and strikers more than to serve
l II
the true interests Of the stockholders. All
these have been alleged among those who
are financially interested in the Willard
system, as causes for the depression of the
stocks in the market. Our Portland men
who have invested heavily in Oregon
Transcontinental, have the blues terribly
if they are correctly reported by Portland
men. They are reported to have been
recently called upon to rally with several
million of funds toFsaye the fortunes OF
the company and that in consequence,
money in the banks and in the hands
Of several of the rich firms in Portland is
very scarce. If this be so, and we have
not heard the report contradictcd, it is
not surprising that blue streak has come
over their usually bright and booming
countenances. Each Succeeding day 5
dispatches tell of the further fall of these
stocks, and the Oregonian of the 18th
announces the report that Willard will
resign, while some of his friends deny the
report. AS the Oregonian truthfully
says, there is one consolation left, and
that is they will not have to fall much
lower before they will reach the bottom.
What the outcome will be, none can tell.
But it is naturally to be inferred that it
will have the effect to entirely stop the
farther building of both the main line and
the feeders, or greatly delay this work,
and so far as our producers in this North
west coast arc concerned, such result
would be very disastrous, for their lines
already completed, except in few nstan.
ces, are beyond the reach of our produc-
ers, except at very heavy expence Now
1t becomes more and more apparent that
the Oregon Short Line is necessity for
our farmers and producers generally.
On BOARD THE STEAMER GATES,
Oct. 10, 1888.
Left Walla Walla at Lao pm. yes
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