Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-21
DIRECTORS,
/, 1T. E. HO
THE OREGON PACIFIC RAILROAD

THE OREGON PACIFIC RAILROAD
COMPANY is organized for the purpose Of pro-
viding the State Of Oregon with an urgently
needed means of communication with other
States and foreign countries by means OF rail-
road from fAQUINA BAY on the Pacific
ocean: running through the central portion Of
distance Of about 800 miles, where connection
will be made with the railroad line already
built to that point as well as with those under
construction and projected.
YAQUINA BAY, from its commanding geo
graphical position and the scarcity of ports on
the Oregon seaboard, is destined to be the fu-
ture great seaport Of Oregon, for, among
others, the following reasons:
First-It is the ONLY PORT IN OREGON
On THE SEA connected by railway with
the great agricultural districts in the State.
Second-THE OREGON PACIFIC RAIL
ROAD crosses the four north and south lines
Of railroad in the Willamette valley the great
agricultural district Of Oregon, and the VII.
lamette River at Albany gathering business to
be delivered at the port Of Yaquina
Third-The distance to the Pacific Ocean
from the heart of the Willamette valley by the
OREGON PACIFIC RAILROAD is only u
miles, while by the way Of Portland and the
Columbia River it is go miles to the sea-
Fourth-It is the terminus of a railroad tray-
ersing an agricultural country of unsurpassed
fertility, producing millions Of bushels Of grain
annually and large yields of other agricul-
tural products, and supporting herds of cattle,
sheep and horses. The railroad also passes
through country rich in deposits of coal iron
of the finest bodies of timber anywhere in the
world. The timber district has been preserved
to this time by the absence Of needed railroad
facilities.
Fifth-The whole business of Central, South
ern and Eastern Oregon will be carried by the
OREGON PACIFIC RAILROAD COM
PANY to Yaquina, and distributed from that
port in about one-half the time consumed, and
at about one-half the cost for transportation
charged by any other existing or proiecte
lines.
OREGON PACIFIC RAILROAD, and the
large business that will come to it. as its line 10
pushed further eastward, until it reaches Boise
City. and there makes connection with the
present transcontinental lines as well as others
to be completed, demonstrates that Yaquina
Bay is to be the future great seaport of Oregon.
The topography of the eastern portion of the
State of Oregon, and the territory of Idaho,
compels all roads crossing Oregon over It's
eastern border TO enter the State at or near the
point determined as its eastern terminus by the
OREGON PACIFIC RAILROAD COM
PANY.
With adequate ocean shipping facilities to
handle the traffic there would now be available
sufficient business to meet all the fixed charges.
From The heart of the Willamette Valley to
the sea the distance by the Oregon Pacific
Railroad is but y miles while the shortest line
by other roads Is go miles in length, which viii
enable the OREGON PACIFIC RAILROAD {
to hold the business against competition. As
distance and time add to the cost OF transpor-
tation it is simply an impossibility for compet-
rate as is done by the OREGON PACIFIC
RAILROAD COMPANY. Central Eastern
Oregon being treelesS country will draw it's
timber and coal supply from along the line Of
the OREGON PACIFIC RAILROAD in the
Cascade Mountains. The supplies of timber
and coal will be taken East on the trains going
to the great fertile plains of that district for
agricultural products to be delivered at the
port of Yaquina, thus securing traffic each way.
This gives, without interference, the OREGON
PACIFIC RAILROAD the remuneratiVe local
business, and will enable it to do through busi-
ness at prices that will command its full share
of that traffic.
THE OREGON PACIFIC RAILROAD
COMPANY will locate and own the towns
along the line Of its road, and reap the benefits
resulting therefrom. The principal lands
located are owned by the Company and
amountt to over nine hundred and fifty thou
sand acres More than three-quarters of these
lands are open rolling plains and Immediately
The franchise confers exceptional advant-
ages on the Company, and among them is the
return to the Company, by the State, of an
taxes levied and collected until 1900, on the
lands and other properties of the Company.
The company has in operation 1856 miles Of
continuous road, at the end Of which it enters
the timber tract above referred to; 30 miles are
in the hands of the Construction Department,
and 40 miles Of roadbed through the Malheur
Valley are ready for rails. The whole line
will be completed by the autumn of 1890 Steel
rails for the completion of the road, together
with fastenlngs, have been purchased.
The five millions of bonds now offered are
the remainder of the total issue of fifteen
millions provided for in the mortgage, and by
an arrangement between the Railroad Company
and Messrs. Barker Brothers Co., Of Phila-
delphia, the proceeds of these bonds are held
by that firm to be paid to the Railroad Com
pany only as the work OF construction
OREGON PACIFIC RAILROAD CO.,