Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1883-09-06
NO MORE CONSTRUCTION
MONEY.

Vice-president Cakes makes the fol-
lowing statement in reference to the
financial condition Of the Northern Paci-
nc: ii can state that all our enterprises
under control Of either the Northern Pa
cific or Oregon Transcontinental are now
. far advanced that, at the expiration of
hfty or ninety days, no more money will
be required for construction purposes.
The earnings for August will be at the
rate Of $4,000 900 per annum, or $780,
600 for October; S1,3O0,O0 of these
earnings include earnings from construc-
ton, which for the last fiscal year were
10 per cent Of the gross amount report
ed.-Y. Signal.
The above indicates that no more con-
sssuction money will be required for the
Northern Pacific after from fifty to nine
y days. That means that the Kalama
division as well as the Seattle extension
will BE- completed within that time. 1t
surely can have nothing to do with the
Cascade branch, nor the building down
the Columbia river from Wallula to
Portland. Hence il is reasonable to con-
lecture that the o. II. & N. Companys
road down the Columbia will be relaid
with American rails and converted into
. portion Of the Northern Pacific proper
The side and branch roads as feeders are
the property Of the Oregon Transconti-
mental, and the construction of these
FAUST b done at the direct expense Of
that company. 1t cannot be that these
branch roads or feeders are not to be
constructed west Of the Rocky mountains
for if 50 then, the traffic on the North.
ern Pacific in the west, save the through
traffic will not pay the expenses of RUM
ing the road, and the settled portions of
the Columbia basin where the products
will be large, will derive little benefit
from the road. It is now admitted that
the main trunk from Helena west to
Ainsworth lies mostly in non produc-
ing country, and to have the road Of
any great benefit to the people, it
must have its branches and feeders ex-
tending out at different points and differ
ent directions to reach and gather in the
products and take them to the main
truak, 80 that they can be transported
east or west as the producer may desire.
Some Of the knowing ones connected
with the Willard system claim that to
make the Northern Pacific Of practical
use 10 the people of the Columbia basin,
the main line must either extend through
the Bitter Root mountains, via more
southern pass 80 as to reach the good
lands, or it must diverge to tho south,
after leaving the Pend d'Oreille lake ON
the west, or that these numerous feeders
must be built before much local support
can be expected for the main line. They
now admit that had the line come through
the Bitter Root, via the Palouse river, or
the Clearwater route, the cost Of the
road would have been greatly lsssened,
md the advantage of local support would
have been more than doubled. Every
man who has been reader of the TEL
LER, from its commencement knows that
We claimed these facts years ago, long
before a shovel Of dirt was lifted on tn,
Northern Pacific from Ainsworth east, |
md that We have ever since maintained
hat view OF the facts. If the Northern |
Paclic lind that they have made mis-
akc they cannot fault us with that mis-
AXE. They took counsel from men who
aave titlc and standing, but who in many
asses are as ignorant Of the matters about
shich they give counsel as the verryest
chool boy Of the land. With some of
he magnates of that combination, kiss
d goes by favor" He who lauds tn an
nd does them homage, can make them
'.lieve that Whites black and risa reyso
3a' as long n they have the money I,