The Portland daily press., 1886-12-03
THE DREAM OF DULUTH.
From Portland, Oregon, to Portland,
Maine.
Remarks at the Board of Trade Meet.
ing Yesterday.

At the!regular monthlysmeeting of the di-
rectors of the Board of Trade, held yester-
day morning, T. G. Woodbury., Esq, spoke
Of the great Importance to Portland of the
connecting line now being built across the
Sault Ste. Marie, and connecting the North
ern Pacific railroad, and the lines centering
at Duluth with the Canadian Pacific and the
Grand Trunk railroad, thus making a great
Transcontinentai route from Ocean to
Ocean, and connecting Portland, Oregon,
to Portland, Me. This line will bring the
greater part of the Northwestern country
much nearer Portland than at present, and
IL our business men are alive to the situation
should make marked difference in sthe fu-
ture growth of our city. If one will take the
map and trace the projected Duluth, South
Shore and Atlantic railroad, which will be
completed by July, 1887, he will at once see
the advantage Portland has over the other
shipping points on the Atlantic sea board
Remarks were made by Messrs. Charles
Mclaughlin, Chas. S. Fobes, Geo. Walker, j.
S. Winslow, Eben Corey and NJ. n Rich all
calling attention to the advantages which
ought to accrue to Portland and the advan-
tage the Portland d Ogdensburg Railroad
Company can be to us, if properly handled.
In connection with this the following article
from the Duluth Evening Herald will be of
interest to our citizens:
For authority in railroad matters there is
perhaps no better sources than the Philadel-
phia Railroad Record, and particular atten-
ton is paid by this journal to northwestern
lines. The following article, then, may be
taken as substantial evidence of the early
consummation Of the Duluth, South Shore &
Atlantic project
Nothing more important in railroading has
transpired since the opening of the Northern
Pacific, than the recent organization of the
Duluth, South Shore q Atlantic, through
which the dream of Duluth is to be realized
In the completion of the connecting links of
the great northern transcontinental route
from ocean to ocean, by the way of the great
American lakes, land giving Duluth an all-rail
outlet of her own to the Pacific ON the west
straight line. stretching from Portland, Ore
gon, to Portland. Maine, via Duluth and
Montreal.
1t is announced that F. P. Olcott, presi-
dent Of the Central Trust Company of New
| York, and chairman of the committee hold
ing in trust the funds of the syndicate that
has undertaken to build this line, has pur-
| chased at foreclosure sale the Detroit,
Machinaw 81 Marquette railroad for S1,010,
600 and assumed obligations on the road in
| the purchase which will make its whole cost
| to the new company $3,040,000. This road
| forms 152 miles in the new line, starting at
st. Ignace, opposite Mackinaw, from which
trains are to be transported by boat across
the strait to and from the Pennsylvania and
| the New York Central systems From st.
Ignace the line runs to Marquette where a
| connection will be formed with the Mar
quette, Houghton 0tonagon, now under con-
troll of the syndicate by purchase of major
ity of the stock, about so miles of which will
be used under lease and from point on
this line new road of 135 miles will be built
TO Ashland, where connections will be made
with the Northern Pacific, which will be
used under lease for 20 miles to Duluth.
From a point on the Detroit, Mackinaw &
Marquette near Hendrie, new road of As
miles will be built to Sault Ste. Marie, where
connection will be made by bridge with the
Canadian Pacific, and with the Crank Trunk
when i reaches this point; The main
Atlantic will be from Duluth to Saut Ste
Marie 405 miles, with the Mackinaw branch.
from near HeDdrie to ST. Ignace, 80 miles,
making 455 miles in all, of which 1873 miles
Of new road are to be built, the contract for
which has been made with Brown, Howard
d Co.. the leaders in the syndicate are CAL
vim S. Brice, Samuel Thomas and G. |. Sc
ney of New York, and C. N. Cummings and
n. b. Ream of Chicago. $S,O00,000 cash
have been subscribed, and $4,0O0,OOO five per
cent bonds will be issued, besides 100000
preferred and ST., 000, 900 common stock.
The completion of this line and its Cana
dian connections, at an early day will give
the Northern. Pacific, st. Paul q Duluth, st.
Paul, Minneapolis & Manitoba. and the Du-
luth q Iron Range, centered at Duluth, a
shorter and more direct line to Montreal,
New York, Philadelphia, Boston and Port
| land than they now have by the south end of
Lake Michigan and Chicago, which is 565
miles southeast from Duluth, and 40 miles
from ST. Paul. The conception and success
full organization of this brilliant scheme Is
undoubtedly due to Gen. Hammond. of West
Superior.