, 1888-06-07
A PROMINENT GUEST.

STOCK EXCHANGE VISITS SPOKANE
HE COMPARES OUR CITY TO A YOUNG
CHICAGO AND PREDICTS FOR 1T A
GREAT FuTURE--THE MANITOBA ROAD
coMING-fAIR.F FREIGHT RATES GUAR
ANTEED-sMEITING AND REDUCTION
WoRKs-oIL MILLS AND OTHER MANU-
FACTORIES PREDICTED, WHILE THE
REVIEW Is HIGHLY CoMPLIMENTED.
Commodore James d. Smith, presi-
dent Of the New York Stock Exchange
and largely interested in the Spokane
and Seattle railroad, and member of
the banking house of jameson Smith
d Cotting, with his partner Mr.. Cot
ting, are in the city, A REVIEW re.
porter found the gentlemen and
obtained the following very interest.
ing interview from the Commodore,
his partner beng worn out with travel
and prefering to get sCme sleep rather
than to be pumped by an enterprising
news gatherer. The commodore is a
fine looking gentleman and rapid
and decisive talker, He said
"Mr. Cotting and myself in looking
over the west, and especially Wash
ington territory, of course, could not
pass Spokane without seeing more Of
of it than traveller can observe from
the depot. We had heard much OF
your city, and now after looking all
over it, in company with Mr.. Paul
Mohr and Mr.. A. M. Cannon, and be-
ing shown by these gentlemen every
point Of interest, are surprised to find
il so far exceeds our expectations.
This is especially true of theFalls which
are not only exceedingly beautiful and
picturesque, far surprising IN that re-
spect any except Niagara, but is es-
pecinlly true respecting their greatest
feature, to-wit: the cheapness OF the
motive powers they offer for the estab.
lishmcnt of mills. They are n great
feature in the question OF establishing
the manufacturing interest OF all this
country. You have in them all the
power you need, regardless OF the
problem of coal, fuel, engines aud
steam.
The falls alone will make Il city.
Your city is the place for the arte-
san, the mechanic and the laborer, all
of whom will certainly come in large
numbers.
an. much surprised at the extent
and beauty of the residential portions
of the city, but more surprised ut
your magnificent streets and the
buildings already erected and in pro-
cess of erection on the business thoi-
oughfares. / never was in u town
where the streets were more finely
laid out. The great feature is that you
do not have the expense of wood or
stone puvements, because you have
natural macadamization.
want to say that although you
have more large -four and saw mills, it
cannot be long before you will have
smelling and reduction works.
have also observed that you raise
large quantities Of flax. A linseed oil
mill is an industry that can he profit
ably maintained here. Iou want
paint for your houses and the vicinity
want paint, and why not make and
export rather than import oil, because
see you all paint your houses here,
instead OF leaving the boards to be dcs-
troyed by the weather as in some
places.
Spokane Falls looks to me like II
young Chicago,
| see your streets crowded with peo-
4 1,nI. ,,f
lumber, cars filled with, grain and all
the evidences OF an advancing and pro-
grossive city.
] see the Northern Pacific, The Spo-
kane and Palouse, and the Spokane
| and Idaho roads already here. | am
| told the o. II. & n. has already broken
ground on the way here The Seattle
| Lake Shore and Eastern is likewise
on the way here. j. NJ. Hill, of the
| Manitoba, ii lion among railroad build
! ers and pioneers, has made his loca
tious as far ais Missoula, and his eye il
on Spokane and his road, in my opin-
ion, is coming here. l believe that fail
traffic arrangements will eventuatt
from the coming OF the large railroad
lines. At least the coming OF some o.
them j. Il guarantee St lar railroad
freight rates. And as Il crowning con
summation of these enterprises on,
grea, union depot will be established, ,tc
which people will be brought and from
which people will be distributed nj
over this country, rs from u common
center. | have noticed that there IL
considerable rivalry and jealousy be-
tween some of the cities in the terri
tory, and perhaps some dissemination
against some places, but | am broat
gauge man and believe there is room
enough and business enough for al
the cities in the territory and that the