Fairhaven herald. [volume] (Fairhaven, Wash.) 1890-????, 1890-07-17

are the great advantages which have en-
abled that company TO do what no other
company has done that crossed the Rocky
mountains, namely, 60 borrow money AT
per cent per annum. and that Is about aslow
as trst-class governments are able TO borrow
money You may be- sure that the company
that is able 10 borrow money at 4per centhas
no water In its stock or in it, bonds. and that
when il comes 20 competition with other
companies the other companies. and not the
one With the low rate Of interests are the
ones that will have To 90 10 the wall"
-.
Bur when the reporter asks him about
Fairhaveu. he gets back to his prejudice
again. The reporter asks:
In some quarters the question has been
! raised whether the Great Northern in
tends to make Seattle its principal ter
minus on Puget sound. II has been stated
I that the company had Intended To make
! FairhaVen. or some point north Of Seattle
its principal terminus; and it has been
! further said that 10 had got large ter
minals az Fairhavcu with that end in
view. l. that correct judge?
lnreply 10 this Judge Burke declares in
substance that tairhaven lis not in il,
aud then goes ON to give the Northern
Pacific. Seattle's special bette Roir a dig,
bat he winds up by saving;
1t = quite true that the Great Northern
has secured extensive terminal grounds al
Fairha,en. but the terminals which the Great
Northern has already purchased and Sc
I cured at seattle are twice a. extensive IA
, they have secured at all other points on
t Puget sound put together. and they are still
acquiring more. The reason why they ar,
getting terminals - extensive la seattle T.
simply this. They are acting the part %
prudent business men. and are looking 90 thu
future. They are not building with refer
, euce To a city Of i0,eo OF G0,0o people. bu
: with regard to one Of 2HUa or aHo.0O an,
T. yet. with all their care and foresight. I, /
h more than likely that in five years from 10
DAY they will lind themselves cramped fo
% room. In conclusion. merely repeat wha
l have said the beginning of this interview
: namely. that the Great Northern Railwa
company j. al present doing more To Civ
J. SEATTLE prominence aud stability amongs
n investors and capitalists Of the east than an
% other railway company in the country"
= How people can deliberately endeavO
e. To fool themselves in such way passet
.- understanding. Ii Is simply lmpossibl
Il for the Great Northern or any other roa
u 20 secure at seattle anyW here near III
.e terminal advantages as those the Gres
y. Northern has already secured at Fail
r. haven. The presumption that city
/, sno,eo or 3oO.Oo. or million. as to tina
Ia cannot be built here GA Bellingham Ba
L. j. actually preposterous. That the Gre;
C.. Northern would be 'cramped tor room
al Seattle ia i've years is true enough
That the Great Northern is doing niue
If, 10 give seattle prominence cannot be d,
!. MED. II j. doing that for all the ca
a. shore Of Puget Sound; that II will build
~ mighty city az Fairhaven is as certain
\, the world stands and the Great Norther
I. gets through. Fairhaven il now. toda
/, the terminus of the Great Northern. III
I, road i building from Fairhaven towan
u it, line coming from the east. Fairhav,
"A O., growing in consequences. aud in q
=. course Of three months will take such
p. forward plunge as will astonish the worl
/, Judge Burke. the Post-lntelligencer. al
i, Seattle included.