The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-06
THE PASSING THROSG.

MI. and Mr.. W. A. stearns and daughter, OF
Detroit, are stopping at the Rainier SIR. stearns
Is wealthy lumberman aud railroad contractor.
He was one OF the men who built the Grand
Trunk road In Canada and the Great Western
road in Illinois. He has had q long and large
experiences In numbering and deslins In timber
lands all over Michigan, Canada, Georgia, Ala
bams and Texas. and is enthusiastic over the
forest wealth of this region. ~ wss out here
four years ago." said he, sand bo,1ght some
land, and have bought some more this trip,
both here and In Oregon, and shalt buy some
more before going back East / dolat know OF
any better investment fer q long Zeal, and If
there 10 anything better I should LIKE to see it.
In ten years oil the accessible pine, rot only in
the South, but also in Canada, will be
gone. Then ts when this region win be called
On to supply the whole country with all kinds
OF lumber. No. ten years is not too short Q
time for that Ihave had forty years expert
ence In timber l&ads and think ! KNOW what
am talking about Twenty years ago boukht
timber lands in Michigan for $40 per sere. Ten
years afterward sold them for SIPS per acre.
have seen about 100 miles square OF pine lands
cleared OF in Michigan In t6h years ard most of
the lumber now made in Michigan 10 cut from
Canadian timber. You have great fgture here
In your forest wealth, but 1t 10 not near future
You cannot realize ON 1t to any ex.ens for ten
years 70 come, but then your harvest win be q
Nfeat one. Firesf Yes, Of course, there is great
risk there, but II one wants 10 make
money he must take some chances.
There 10 one thing, however, think tie people
make mistake in keeping out the Chinese
What you want is population-hsweia OF " nd
and drawers of water. They may nos be very
desirable citizens, but they develop the resources
of . country, and those who own the land will
be enriched by their labor. / know several
Eastern capitalists who are putting thesr wealth
In land, and in fact that 10 now becoming .
favorite form of investment, as 1t 10 every where
becoming more valuable all the tifee" Mr..
stearns and family will spend the wintsr on tho
Coast. travelling about from one PLACE to an
othox.
Charles 7. Limberg and George ". Trsmble. OF
Leadvilie, Colo, are stopping ut the Grand.
They have been in this vicinity for couple Of
weeks investigating the resources .of this
region, particularly taking note OF the. mineral
development. They are both wealthy, being
heavily interested In Colorado mines Mr..
Trimble Is also cashier Of the Carbonate Ma
tional bank OF Lesdville. Mr. Limbesg is also
interested In live stock, and for eight gears was
the principal owner Of the Arkansas Valley
smelter at Leadvilla Speaking OF nllning at
Leadville, Mr.. Limberg said: "Minine In quiet
In Colorado. but the producers are al be-
ing worked, and none Of the frstclsss proper
ties have shut down. AL our carboHate ores
are turning to suphides, as the wins get
below water level, but they are not To- ing any
Of their richness. Several new properties are
being opened up, some Of which ! an inter.
ested In. We came out here to look at some Of
your Campo We have seen some splendid speci-
minis OF ore from this region which arossed our
curiosity. We intended to 60 into the Cascade
and Monte Critic districts particularly. but the
season Is now getting too late and We shall have
to defer our visit until spring. There is now
too much snow In the mountain We ahall re-
hny ND vuha xhar4 To-
mines around here I understand e,at the
forest growth is a serious difficulty botn in tho
matter OF transporting ores and supplies
ana also In prospecting In that case a
camp must be a strong one to warrant the
building OF wagon roads and railroads. We
have also been very much interested :n your
iron ores and the facilities for making zig iron
very cheapy, and cannot understand ssny this
Is not profitable field for the investment Of
capital am told that pig iron can b made
hero at pront OF $i2 per ton, and that <here 10
used 100000 tons of iron annually on this
Coast II strikes me that this is q great oppor.
tunity, and you certainly have some nns ores in
this section, samples of which saw at she Ia
coma exposition. We shall spend . fev more
days in this vicinity before returning home"
E. NJ. Brannick, manager OF the Portland
branch of studebaker Bros, the South Bend.
Ind, carriage manufacturers, 10 stoppinr at the
here, said he, "with view to locating branch
house OF our institution here. You get the
same terminal rate here that we do in Psstland,
and hence this is a better distributing psins for
this region than Portland. Besides, the gunner.
o3s roads coming here leads Us to belie-e that
competition will give Us perhaps a little better
freight rate. think IL Is altogether Likely our
people will establish branch house here next
season. Another thing am up here for Il to see
about getting some spruce lumber to shin to our
factory in Indiana This 10 an experifssns OF
very great Importance to this section, ak-ou the
outcome will depend considerable b,4iness
The finest spruce in America grows In this -erfou.
ana is especially plentiful on BeIlinghssn bay
aud around Gray's harbor. The Eastern snrucs
has been pretty well thinned out, and what is
left standing lie OF very poor quality. W want
ii for the bottoms OF our wagon beds bscsuss
II Is light, eiose-grained and very tonga, and
will stand great deal of wear. 1t Is ss.onish.
ing that there should be such q great waste OF
tine timber As there II In this country The
time lie soon coming when every foot of timber
here Will be worth lar more than 1t is no~s. and
IL Is also surprising that spruce is not more In
general Use than il is ! shall ship loas of is
around by the Horn to Baltimore. and th,-ace TO
south Bend Thoroughly dry spruce @oighs
about 2.5oe pounds to the thousand feet Of lum.
eer. and the regular freight rate to Baltimore 10
about - per ton, aud about s. from Bsltinss5re to
South Bend However, expect to catch some
tramp vessel at less than S. We have t. psy
~ TO ga for the inferior Eastern spruce snd Ii
we can make success of this expert meet We
shall get our spruce from here, and 10 doubt
other manufacturers will do the sama."
W. c. Hendrte, manager of the Portlanf and
spokane branches of the PARK & Lace Ma
ehinery Company, OF San Francisco, Is sto9pipg
az the Rainier. This is ny first visit Eere."
SAID Re, 'and have come for the purpose n in
yestigaung the outlook for business In o,,y line
with view 10 locating a branch houae here
The prospective development Of thu 9onte
Cyisto. silver Greek, Cascade RUBY, oka.ayan
and other mining districts In this viesnity
makes this city the natural supply point sor a
Large ana rich mineral region The laiias OF
tAis region are attracting the attention OF srac-
Uea, mining men ali over the country, s5sd II
they are as rich as they are supposed TO 20 sa-
attic viii become large O mining center
As Denver. Speaking of Denver, ] Was the
founder OF the house OF Hendrie Bo1khoff
OF that city, and stfi retain my interests in IL
thiak II Is very likely We shal opess q
Branch house here, IS I an greatly Impressed
VIA ySu< eo1neSclal A1ya0taSsA wsas out