Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-01-04


The San Francisco Nexa Litter Of De.
cemoer 18th concludes q lengthy and
anle revisw Of the construction Of the
Canadian Pacific ~ follower
After All. the main question in, Will IL
nSys We think there can be no doubt
that II will. At % vt the dead weight
tho c1mpsny must carry il The interest
at per oent on the &25, coo. 600 first
mortgage bonds. That makes 81. 900, 900
year. This sort Of dead weight on
she Northern Pacific will sson sam up
WyO0O.O00 a year. The Canadian Com
psny will have 42,500,OO0 . year the ad-
vantage Of the Northern Pacific on this
item, But they will have still other and
greater advantages. The charter for
ever exempts their road, stock, dsposs,
stations and land for building pur-
poses from taxation. This 10 equal to
gifs Of $600, ,000 - $s00.OOO . year on
property estimated to be worth
yl11. 10000, and which 10 constantly en-
iarRing. The charter also gives them
, monopoly in binding the Government
aos 70 allow sny composing line 70 be
constructed south Of this one for
twenty years. In the matter Of pros
poctive trafdc no trAnscontinental rail-
road stands on an equal footing. The
Canadian Pacific psnetyates what 10
said 70 b, and what will very probably
prove to b, the best wheat region on
this continent Of 20 vast an area. Il
stretches from Winnipeg westward to
the Rocky mountains, HOO miles, and
bas . width, without crossing the d.
vide between Hadeon's bay and the
lakes, Of 300 miles. No part Of our
Western States viii settle mp and de-
velOp moro rapidly than this region -
i u connected BY rail with shipping on
the Pacific and ct Montreal. When the
late Earl Of Beacons6eld, in q speech to
his old Buckingham constituents, al.
luded somewhat vaguely to this
northern wheat land ~ .
future rival of the wheat fields
Of the United States for the English
market, he vas laughed at in this coun-
try; and it was said that his future
Canadian wheat field was nothing bet
ter than land of frost and ice. But
more recent discovery and practical
tests On q liberal scale in Manitoba ex-
plain that be was right, and that more
wheat TO the acre and surer crops are
produced there, and even as far north
as Athabaska and great Bear Lakes.
than can be relied on in Illinois and
Ainnes0ta. Already the Manitobians
are picking quarrel with the Domin-
ion Government because il refuses them
an outlet for their produce by rail to
eene port on Hudson's Bay. Sooner or
later IL will secure the outlet, and
the Canadian Pacific will be rich
enough 70 give il to them.
We of California should entertain
no Jealousy Of that great railway
70 the north. A. surely as the North
ern Pacific will create great city ON
Puget Sound, 20 suiely will tho Can
adian highway create another on the
Straits Of Georgia. These cities, with
the volume Of produce in grain, coal.
timber aud lumber they will pour into
the Pacific trade, must benefit San
Franciaoe Just - the populous cities
and countries In Europe benefit each
other. They will trade with % for our
fruits, wines. canned goods. wooden
blankets, blood stock, giving N In OK
change their lumber, coal, gold from
their ~ yet undevelopsd bat certainly
rich and extensive mines, and prob
ably better and cheaper bacon. hams
and salt pork than 10 now get from the
Eastorn 6tAt0o.