The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-11-01
BOUND FOR SEATTLE.
Funds Ready 10 Build the
Branch from Mission.
Tag n.nITosa COMING NEsT.
IL sag nE.sss So sfEsssasa. csnnest with
ahe o. d. a ~. and Tlams Esaela
Portfznd.


TGafarrrF MEwS-A sfe<FGsSF+
Thz mail fgxt arrived from EnglaE1ss
brings TIE details ol tbs new aeoeatffe
txese ~ lhe Canadian paeise Eailway
Caa.rsaF, sna also u the arrangements
fof the constructions 81 the sew STEAMSHIPS
Tor fhe chiaa service The outIines Of whieA
ne have asgaa8v gwen In oar felsgrzehls
rgEums.s. The amount 81 The debentEFes
lzsnsd By Mgss<s Barring Rros. & Co.. o.
Iemdun. & Es83 80. fearing iatsrestl ~ {
per eeuE The isssie i made under tie
aashoritr o. fbe Canadian PAeiGc railway
aet. fssY passed by The Dominion pafIla.
nsent At - lat session. The company p
the pr0sr@ckas arsHganees that Of the
sa0aus received from tbs issue % de-
bensaFes xsSs si2 vii be applied % ta&s
~ s.. 30 90 * per- cent preferred stock
issasa by the Atlantic & Southwestern
kastway Company. the Canadian Pactle
RaslwAy COFnp4nY having guaranteed tSs
payment o. tie interest on ttiis stoek az "a
additional rental u the sal9 Atlantic d
Northwestern railway.
The baianee 20 re obtained from the
Essus a the aebentures, Ees 81. il % be de-
vosea 10 lie construction % the branch
ire II elesen Failes from Mission. 4 station
"a she company's line IN British C0iuHbEa.
~ comaeef at ffe international boundary
virh a sine uoS being built b. an American
con- PAM 70 the eify 81 Seattle. On Puget
sound This line forms the last link in the
chain 0i railway eonuecs i0ns along the
Iarian coast from the Canadian PaciIse
railway So the Calf OF California. The
issae 81 the debeatgFus 20 provide funds
for tie construction Of this branch shows
ilat. s. already stated the Canadian
Faefa, Raitway Company. being uow salts
} fed shat the American connection sill be
pashei through 10 completion 81 an early
cate, intends - have is section completed
rs tie tinse tie southern rOaa reaches the
boundary
The laaii also brings definite details OF
the three new steamships for the service
from Vancouver 10 China aHd japan
Tie vessels. which are 70 be ccnstVuc ted BIZ
fhe Naval Construction and Armament
gonpany Of Barfow-in- Furness, viii BE
built 0s steel Sith twin screws and large
passeg. ges accommodation. They are 10 Ike
Of 90 tons each. 70 steam Is kno IS an
hour. 10 be 40 feet long and 81 feet beam.
They viii thus he large aad powerful yes
ssls. although, from thsir proportions. II Is
evident that capacity j. mare a desidera-
tum than extradOrdinary speed. As nearly
every vessel built recently for the Atlantic
service has had beam Of not more than
one-teslth Of It's length the cost OF these
vessels viii I've in round numbers $4,000
each. az about s. 600 80 for the three ships
AZ an interest 81 per cent thls would
make an annual charge OF $l50a0o. while
the Imperial and Dominion subsidies for
the service amount Ia sBsi.0o per annum.
The first OF the steamships is to be deliy.
cred In fourteen months from the date of
the signing OF the articles OF the contract.
che second in fifteen months and the third
IN sixteen months