, 1883-11-08
Weekly Argus.
THURSDAY, NOVEMBER s. 1883.
Economizing Resources.

EconomlLlng Resources.
Z. ,. 'L.syiflrl
Tho Pacific ocean is the great
whale fishery Of the world Hereto
fore New England capital and enter
prise have monoPolized it 10 the al
most exclusive benefit OF New Eng
land Honolulu and San Francisco
received small share OF the profits
as outtitters Of the whaling vessels.
The crude bone and oil were shipped
Esst 10 be worked up and refined.
The costs of transportation was thus
increased and to the extent Of the IN
crease discounted the profits Of every
crew. II il now reported that two
companies composed Of California
capitalists have organized and incor-
pOrstsd, with the view OF transfer
ring che monopoly from III" East to
this city, each On capital Of $1,000
uD. One of these companies will op-
crate With six steamers and two sail
ing vessels among the Whaling fish
Sries of the North Pacific an high as
they can go for the iceberg Obstruc-
tions and along the southern coast,
whore tho most inferior quality Of
whales abound, retaining 10 San
grancisco with the Grade oil and bone
taken on each cruise. The others Will
erect rstinsries Of the oil somewhere
on the Potrsro and work it up for the
markets OF the world. No argument
Is needed To prove that these two
companies will in Course of feW
years, with ordinary good luck mo
aopoliZs the business Of whaling and
refining whale oil on the Pacific The
wonder is that the enterprise has sc
long bean delayed, considering the
superior advantages OF this point.
Long ago we thought Of turning the
vast surplus of OF our orchards
into canped fruit for merchandise and
the utilization OF our salmon fisheries
in tke same way, but here right at
hand has lain dormant another bust
Rsss that We might have handled
quite IS easily and as proftably for
the taking of it.
By and by, when the Panama can
al is opened to the passage of steam
ships, making the trip from here and
Puget Sound to Liverpool and Hayre
inside of thirty days, w0 shall discern
that vast fortunes lie il the shipping
OF our surplus wheat i'll tho shape OF
hour manufactured in this State.
The most thrifty city Of the third
class in America is Minneapolis. 1t
has grown exclusively ON the manu-
tsctuss of -four and lumber! Thir
teen years ago its population was but
ID, 800; three years ago but 1880.
Now it is estimated at $4,000 and the
growth is at rate more rapid than
ever before. Yet tho -four manutac-
tares Of Minneapolis consume hardly
half - much wheat as half the yearly
Surplus of California. and the timber
fsrazts which supply her lumber mills
and those OF her close neighbor ST.
Paul ~ well, are the merest pigmiss
by comparison with those in this
State, Oregon and Washington, from
Yhick the great cities OF the Atlantic
will begin to draw their lumber snp-
plies as soon ss the waterway through
Ahs Panama isthmus is opened No
danger OF giving out of the Pacific
coast forests. Including those OF
Alaska which grow yellow cedar,
those Of Oregon and Washington
which are mainly Of pine, Lemlocl
and 6r, and those of California, which
are Of the incompatible sugar pine
and tho imperishable redwood, we san
supply the whole Uuited States with
lumber for five centuries and still re-.
tain millions of acres of untouched
fDresG