Bismarck weekly tribune., 1889-06-14

The DAILY TRIBUNE will be found on file g
the Grand Pacific hotel, and LORD q I6omas, ,l 90
and news depots throughout the country.
Tho general eastern advertlstne agent q tn
Tn11gNE is A. Z: &chardso9. Room 6S. Ino9pt n m
TnIBuNE from points east OF Illinois should bt
sent to him.
The NORTHERN PACIFIC MANAGE
MENT.
Nothing succeeds like success, a tru'
ism that very fittingly applies to the
splendid financial and business manage
ment of the Northern Pacific railroad
the great northern transcontinental
route, starting at Chicago and crossing
Wisconsin, Minnesota, North Dakota
Montana, Idaho, and branching at Pascc
in Washington, from whence two main
lines center at Portland and Tacoma
with q brunch northward to Seattle
This great iron band of commerce
traverses over two-th1rds of the CONT.
nent, sending out its branch feeders
north and south, to develop undeveleped
wealth in minerals and soils by furnish
ing rapid transit to the markets of the
world.
Great was the mind that conceived
and put in motion this gigantic enter.
prise, but greater far the mind and the
man who led the forlorn hopes Of the
men who had nigh lost all confidence in
the road after Jay Cooke went under.
The bitterest enemies of the route were
found in the government-gorged bond and
stockholders of the Union Pacific,
built by and stolen from the government
by the great Credit Mobilier thieves.
Henry Willard was the intellectual and
financial giant who marched boldly to
the front and picked up the work where
disaster left it. His name alone was a
guarantee that this great road would be
built and speedily too. The history of
the building of the road eastward from
Portland and westward from Bismarck
is of such recent date that everybody is
familiar with the facts up to the meeting
of the rails and the driving of the golden
spike. To Henry Willard is due this un-
paralleled achievement in railroad build
ing. His grand intellect, great executive
ability and solid financial backing, &C.
complished one Of the greatest feats in
modern history, in the face of strong and
bitter opposition. Few in the hundreds
offoreign and American capitalists who
participated in the layiag of the corner
stone of the capitol at Bismarck, and
then went out to the driving of the
golden spike, could foresee the great fu-
ture of the road, or dream of it's present
prosperity. Satalites of the Union Pa
cific planted the seeds of failure and
folly at building great railroad through
a 'howling Wilderness" and many
strong friends of the road weakened. A
second crisis arrived and Mr.. Willard
heroically surrendered the pet scheme
Of his life into other hands. Depression
followed and the bonds went down.
Nothing daunted the master mind who
saw the road completed. He went to
Europe and before the country knew it,
he was back on Wall street, stronger than
ever financially and again moved to the
front in the management of the road. He
is the master financial spirit of the best
paying road in the great west to-day,
where North Dakota hopes to see him
remain until q double track binds
Chicago with Portland.
During Mr.. Wizards sojourn in
Europe, new and brilliant man-Colo.
mel T. F. Oakes was placed in charge OF
the road as vice-president and general
manager. He infused new life into every
department, reorganizing on sound bust.
ness principles and put able men in com.
mand of the various departments. he
and Mr.. Willard worked in perfect har.
mony and unison of purpose through
the great struggle for success. The
affairs of the road began to
improve, and croakers were silenced
One success followed another under the
splendid business management Of Mr.
Oakes, until he was elected to the presi
dency Of the company, position which
he is eminently fitted to fill, and where
all Dakotians hope to see him remain
With Mr.. Willard at the financial helm
and Mr.. Oakes directing the business
ends of the road, success is assured, ani
the success Of the road means pros
perity to the towns and people along th,
main line and branches.
It is now definitely decided that with
in the coming two years about $50, 900,
600 will be expended in extending
branches and building new ones, to NEE
the wants Of the people and increas
marketing facilities. The James an,
Red River valleys have north and soutl
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