Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-07-29

LOCAL ENTERPRmK.-Once in a while
We hear some individual, who has been
unsuccessful here in raising money on
some wildcat scheme, denounce our To-
cal capitalists. merchants, and property
owners for their lack of enterprise, and
the same yruundiess accusation 10 occa-
sionally heard in other directions. That
this Is unfounded, one has only to
look over the field and acQuaint himself
with the facts, to ascertain how errone-
GUS il IL. Our people are not only doing
an enormous work at home-a work
that one would think il fully sufficient
to employ their time, talents, and money
but they are doing great deal abroad.
They are buying coal, timber, and farm
lands in British Columbia, Oregon, and
all parts of Washington, and they are
improving and utilizing these lands. In
one transaction il involved 500 acres in
q province to the northoof rs; over:in va
kima great deal of Seattle money ia
being spent ON desert lands, cutting a
canal. irrigating them, etc. The two
National banks in the same county are
largely run by capital from this city,
our citizens being officers thereof, as
we'll a. heavy stockholders. In WHAT
com and Mason counties they are build
ing railroads, upon which steam will be
used, for the purposes OF laundering.
Not less than hundred Of our people
are today making application for the
purchase Of timber lands In outside
counties. Three Seattle firms have
branch stores in New Tacoma. Our
steamboats, can be seen daily in almost
every nook, inlet, and stream ON the
Sound. Stores and logging camps can
be found In several down-Sound PLACES
owned In part or wholly in this city.
The ownership Of lots in Whatcom. Ia.
coma, Port Townsend, and other deei.
rablo points, Is almost az common a.
the ownership of lots in Seattle among
our own people. Several large, fine
and costly farms in Spokane, Whitman
and Walla Walla counties are owned
here, and considerable town property In
the same neighbofhood. Gold, silver
and copper mines abroad have also q
charm TO the local population. II ia q
rough but q reasonable estimate e
make TO say that at this moment $500,
600 of Seattle capital is invested abroad
and Il Ia also safe TO challenge compar
ison In this respect With any other plac(
L A4OHto Va Ap4AA EA0kAoAo80s W eA0A4 o.
cepted. And while all this Ia being dons
abroad our people are not idle at home
They arc opening banks, stores
and offices are building facto
riss and workshops; are reaching ouI
| for tho Wholesale trade of the uppel
coast; arc putting in water works more
extensive and costly than those Of al
the other towns in the Territory DOM
bined; are spending a quarter Of mil
lion dollars in making streets and side
walks; are building i've hundred new
houses; are potting MP churches, school
houses, and hospitals; are outing ca
nalt. and helping bnild railroads and
wagon roads. One million dollars vii
no more than pay for the works a
homo Of q public character already be
gun this year, and in immediate proc
pect. We have only TO call 10 mind
some Of these numerous and vast I'M
dsrtAkings 10 pursuade the most in
credulous that tho people are doing q
mountain Of work. and that In enter
prise thew have no equal anywhere.