Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1888-03-31
WELLS, FARGO a co.'s RECENT
PURCHAsE.

Wells, Fargo 4 Co. have just purchased
the Erie Express Company of New York,
with its right to the business OF 5000
miles Of railroad. Before making this
purchase Wells, Fargo & Co. enjoyed the
almost exclusive privilege Of doing the
express business along 10000 miles OF
railroad in this country. With the Erie
added it now has total railroad mileage
Of 5000 miles, making it the greatest,
as it certainly is the most reliable, ex-
press company in the world. In the re-
gion west of the Missouri river il also
covers o vast amount OF territory, dotted
with almost countless towns, not reached
by rail at all; so when the whole field is
considered, one can realize something OF
the immense volume Of this company's
business. 1t cannot be otherwise than
immense. The express business has been
so thoroughly systematized by Wells,
Fargo & Co. that irregularity and loss are
seldom heard of. The company is always
responsible to its patrons and never al.
lows one OF them to sustain the loss OF q
single cent by the negligence OF its agents
or for any other cause, and it has always
employed a very careful and trustworthy
set Of men as agents to conduct its vast
business with the community. 1t is this
that has made the old company so pop.
ular in the West and particularly on the
Pacific Coast. We can remember back
thirty years ago, when Wells, Fargo 4
Co. brought to the miners in California
their letters, and carried away for them
their gold dust to the San Francisco
Mint. The express company in those
days wal the almost sole reliance Of the
miners for communication with the out.
side world. 1t was always the pioneer
of every new camp and placer. Wells
Fargo would "get there all the same"
when in many cases the Government
would be a whole year in getting q mail
route established to q new camp. And
so it has been with the new mining camps
that have sprung up from time to time in
this State. In the White Pine rush,
when twenty to thirty thousand people
congregated in Hamilton and on Treas
ure Hill in a few months, Wells, Fargo
& Co. brought in the mail for a whole
season before ~postofices were established
and mail contracts let. But notwith.
standing the great convenience this com.
pany has afforded the people, there have
been occasional attempts by Congress and
the Postof6ce Department to prevent it
carrying a letter mail. No fault was
found with its package business, but the
silly idea was advanced that in carrying
letters it somehow trenched on the pre-.
negatives Of the Government. Nothing
could be more foolish than this PROPOSE.
ton. The Government gets its regular
postage, whatever the rate may be, on
every letter carried by the express; the
Government losing nothing, while the
people are greatly relieved and conven-
fenced in innumerable cases. We have
lived in towns where it would have been
next to impossible to get along without
Wells, Fargo & Co.'S Express. 1t is a
Pacific Coast institution, and all old
timers cannot avoid feeling a friendly in.
terest in it. Personally we shall feel
gratifed if it shall ultimately embrace
within its lines Of business every State
and hamlet in the American Union. As
showing something Of its popularity and
growth, its stock now sells at about
thirty per cent above par. The time is
not distant when its shares will be worth
an even two hundred. Haggin and Tevis
of San Francisco are among the heaviest
Of its stockholders, and have a great deal
to say in directing its management. But
no matter who owns or directs, we are
always glad to see the old company reach.
ing out. and hope that it may finally ION.
quer the whole Eastern field.