Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-10-27

After having looked through the build
ing the reporter returned 20 the business
0ilice and entered ini0 conversation
with Mr.. II. II. Dearborn. who detailed
the circumstances which led him 20 in
vest 80 largely IN Seattle ea follows:
We we're doing general banking
and brokerage business 10 Lowell. Mas
aahusetts. In 1872 We were appointed
special agents for the Northern Pacific
Railroad Company in Losell for the
placing Of tbs ilrst mortgage bonds Of
that company. After placing about
$4,000 Of these bonds We found there
was likely 30 be q COED demand for
them, II the seoaxity was sufficient, and
in order 10 ascertain the value Of she
aeourity / visited the line Of the road as
far a. Fargo. Dakota. where Il then ter
minated. The land where Fargo Is nov
located could Be bought for s. per acFe.
A pefson investing eiCs9 there AZ that
time could clean up half Q million 80
dav, 30 rapid has been the advance in
the valus d that land. There Vers two
asntlemen with me-a doctor and
lawyer. In summing up the country At
Fargo one 81 them eai3: This section
has laid cot for thousands OF years, and
nevef been worth anything 70 any enc
aud probably will not be d any value
for 8 tho sand years more not realix
Jog that there bad nsver been any prae
sieal way o. reaching II before. told
my friend that paradise itself voald
BE- worthless II there VAS no way Of
reaahiaR IL or no hope Of ever gettiag
there. ] made the remainder sf she
journey across the oontinsnt over the
Union Pacific Railroad % San Fran
DISCO. thence % Portland By steamer,
and thenoe By boat and stage a three
days' ioafney 30 OLYMPIA, thea the
/ principal city on Puget sound, ~ She
head Of navigation. bad letter Of In
PRODUCTION from Jay Cooke 30 Captain
e. A. starr, Of the steamer North Pa
eidn, who kindly invited me % make q
sonr az the sound with him. My
health seemed improved b. the trip,
and became greatly impressed With The
uQet sound county. 20 much 20 that
on my return I reported 70 Mr.. Oooke
that ihe intrinsic value Of the tlmber
Il land alone between Portland and Brit.
ish Columbia vas sufficient 50 bald and
eauip the whole road. Seattle - that
time VAS q mere village, surrounded By
: donss forrest, and New Tacoma bad no
inhabitants. On my Eetaru 70 LgWeti
we oommeneed advertising this Whole
esction 81 county, and have been doing
- ever zines, largely a. cur oWn e.
penee, IL 1880 myself aud bFsthei
| eloaed IN oar hnelnaas Ia Lowell and
! came ont 70 Eastern Washington. We
first nade large Investments 10 Walia
. WallA ard ether points 10 th4t sec
tinn of country, bat the bot weathel
there proved disAgreQabls 70 us
and remembering ny pieaaaGt expert.
ence en- che sound, decided 30 move q
New Tacoma. After stopplna there {
/. fsv hours aud not being satisead with
the oatiook. took The evening boat fol
seafste. accompanied b. my hsoaher
The moment ws rounded Aiki Point 90
. tsWa sPpeared 10 uaiike q snail Boston
she liRhts SHINING cot from the hemes
! 90 the side hills Ike beacen Faya 1hars
. heing - great ~ Improvement to To
place since my last visit. immediately
coucladed bad at lass found The spot
bad besn looking for. Sinee thst time
- kage invested 10 real estats here, 10.
cluding Interest and taxes, tiooOoo
Seventy ttousana doliaFs Of tins uoney
made Gus Of my first trip % The
SQUAD By paKohaslng Northern Paeide
stock Wben il vas deem 30 e. pei
2 share and selling q when q came up
3 - q MA-W - 8ENA4 eaAA.A > A1NNA 49, AAAN
; magnffcest country thruagh whieh thl
line would ran, and ] must SAY Sealtls
, and the Saand c0natry has pFoVed uhal
. 20 expected o. IL il deilars and cents
~Waas viii be tAe chalAcscr sf you
E business = ssked ihe repottef.
; Mr. ne4Ehaxn--ka the ARA pi1ee. oul
. huNinSsa viii Be 90 ears fcx oar eWn Ia
: vestme1ta Ia Washington Territory.
: and secsndiy, 10 bar and saii real -
} tate. GaseFnment hands, cttY aud ooRaty
scrip. and - negotiate leans and do I
general b4nkinR aud brokarage basi
nesas exeegt HAT we 90 nna sclieit De-
:. psssta. Auy onsiueSa e8krasled - u
! o. eammissson. she cassameF ell r.
Z GIVE she fa8l anoant q tea FuFehase q
! asie, lees 4 aa1ali eonamiasirn We ars
! here % sfay. and WtH esndact ear bast
2 nsss % strictly bsslnes pziacipies. AID
! hase 40 fears reGarainE oar success. Il
i wa say aagthing ahaat he huii9ine d
. il the RusE~ d. uot for
/ ga tha frs resAiaR rnaaa and haFeaI
q infor@atlan, watch = designed tal
Z he fsse uss q the pa6lia-