The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-11-23
CAUSE FOR THANKsaIvING.

The Railroad Situation IL Particularly
Pleasing tn the Pacific Northwest.
TACOMA. Nov. 22.-[Special J. When
thanks are offered Thursday the railroad
situation in the Northwest, as il is now un-
derstood, will not be overlooked by many
farseeing capitalist in this neck of the
woods. Certainly there are many things
TO be thankful for. no matter whether to
Seattle or Tacoma shall fall the lions
share Of benefits to be derived.
These who have for years wa tched rail
road extension west of the Rocky mount
aims and have been silent. now come for
ward and declare that as never before the
resources OF the Northwest will be devel-
oped. Like weiI-proportioned house. it
VIII advance in harmony. and no particu-
+ lar part to the fatal injury of the other.
Capital, which has for time been timid,
as = result of the rate wars and threatened
and actual paraleling of lines, will now
How freely. as there will be every assur-
ance of safe investment. Upon this inn
portant proposition capitalists and railroad
men agree.
Then the Rockefellers, it is held, are in
the Northern Pacific 10 stay, and the
kockefeliers are investors. not spectators,
wreckers, sharpers or anything Of that
sort They will not boom the Northern to-
day (of which it is admitted they aad not
Gould have control), and sell out tomor-
row. They are believers in the future of the
Northwest country, as shown by invest
ments in and about Seattle. They are men
Of enterprise, promoters OF industry, and
builders-up. Nor do they hoard their
enormous income in government bonds !;
on the contrary they put it into circulation
for the benefit of themselves and the actual
Development of the country in which they
are interested. Such are the arguments
put forth by those who are preparing to
give thanks.
IN cllnching such arrangement gentle
man identified with all parts of the Pacific
Northwest country said this evening:
know . man who gave up l60 acres OF land,
ol l1ee and unincHm bersd aud under cultiva-
tion n Nebraska, for four acres Of land near
Kent. He said the four acres are worth more to
him here than 160 in Neoraska. Now, sir, the
Roekefsllers and Gould knew this also, and
they viii help us develop this magnificent
countEy.
& = lev to the contrary notwithstanding,
it's held here that al of the Southwest and
HofthWest roads viii combine, and with
the6anta Fe, Missouri Central, Chicago,
Milwaukee d St Paul, will force the Rock
Islond 70 Join with them. Rates will b
ye6ulated BY one board. with representa-
uSes from each road. This does not COM
prshend consolidation. but there will not
T. 3 repetition of DISASTROUS cut rate wars
= cen among South western roads.
s There will be oceanic steamships for
Puget sound 10 compete with the -, ,000, 900
aGtt slammed by the CAnadian Pacific. With
behind the Canadian Pacific. with Jim Hin
and his Great Northern to tap the United
States at any and every desired point. .
bitter fight is anticipated. The combined
roads of the states. the Canadian and Great
Northern will invade the Sound country
and with the lake steamers of both. will
swing traffic on an orbit from Portland,
Me-. to Portland, Ore. The financial stand
ing of the Canadian Pacific will, it is held,
enable it to repeat some Of its audacious
moves of . couple of years ago. when it, in
connnction with . steamer. carried CALI
fornia wool cheaper than the transconti-
mental roads of the United States.
The fact that Peabody and the Barings
Hoated Hills Great Northern extension
bonds cuts no figure. If they don't furnish
money iris claimed the Canadian Pacific
will. Sidney Dillon, uncle Of Jay Gould's
personal adviser, Judge J. F. Dillon. of the
firm of Dillon q Wayne, undoubtedly will
be president of the Union Pacific, which
means the wizard" by proxy, and Charles
Francis Adams, who took occasion to refer
in refractory manner to Gould, and who
it is said is failure as q
railroad man. being theoretical.
will be retired. ALI projected
extensions will continue, 1t being decided
by local railroad men land practical men,
tool that the Union Pacific, having ex-
pended three millions in the Pacific North
west, the extension cannot afford to stop
short now, and will complete the projected
lines. including the Columbia river bridge,
which, by the way. will be used by the
Northern especially for passenger traffic.
Chief Engineer Bogue, who favored the
Washington extensions and advised against
certain Southern California and Utah ex-
tensions, will come in for much praise,
although he opposed Adams and Ames in
disapproving of extensions which have
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