The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-06-29
BENEFIT THE ENTIRE STATE.
Prominent Citizens Discuss the New
Enterprise and Point Out the ADJ
vantages That Will Result.

Traffic AsSo citation, and arrangements Tor
presenting the enterprise to the men of
wealth of this city and State are being
completed as rapidly as possible.
II honest and persistent effort will &C
complish anything those who have the
new road in charge will be successful.
The prospectus of the new company has
been published and read by thousands.
and now when approached for subscrip
tions they have a full knowledge of the
benefits and profit to be derived from an
investment.
In few days the subscription lists will
be placed in the hands of the members Of
the executive committee, and every person
will be given an opportunity to take stock
in road that is going to be built for the
people by the people.
To great extent the success of the new
enterprise is going to depend upon the
moneyed men of San Francisco. Without
their hearty cooperation and assistance
the road cannot be constructed. When
subscriptions were taken for the Salt Lake
Railroad nearly million dollars was sub
scribed by citizens of this city and $4,000
was raised to pay for surveys. The cost
of that enterprise would have been very
years to place it upon a dividend-paying
basis.
The road that is now proposed is an en-
tirely different proposition. 1t will not
cost one-half as much mile as the Salt
Lake road, and it will begin to make
money upon the completion of the first ten
miles. The cheapness of construction and
the certain prospect of an immediate re-
turn from the investment ought TO prevent
any difficulty in securing large subscrip-
tiOns to the stock.
1t is the present intention of the eXecu-
tive committee to wait upon the gentlemen
who have always shown a willingness to
contribute for competing transportation
lines, especially those wt2 so literally
subscribed to the Salt Lake road, and Sc
cure If possible a generous pledge before
presenting the matter TO the general pub
lie. Upon their action will depend to a
large extent the success of the undertak-
ing. AS it has been stated, unless San
Francisco takes the lead and subscribes
literally the whole project will fall
through.
Barry Baldwin. in discussing the subject
yesterday, said: Il cannot think for a
moment that the valley road will fail. For
the salvation OF the people of the interior
rs well as for the prosperity of San Fran
cisco it should be built.
''The San Joaquin Valley is one Of the
most productive portions of the State. al
though at the present time it is only to a
small extent developed. Under the pres
ent high rates of transportation and dis
criminal methods it does not pay to in
crease the products of the soil or the pop
ulation. By reason of these conditions
the valley remains at standStill and will
remain so until a competing line comes to
its relief.
The building of the proposed road will
not only afford relief to the towns which il
reaches, but to every portion of the State.
1t is the intention to have the road hon
estly constructed aud upon its completion
to honestly and economically operate it.
We believe we can carry the products of
the country at fair and just rate and
at the same time receive reasonable in
terest upon the investment If this be done
it will force the other roads Of the State to
adopt our rates.
1.-THE people of the Sacramento Valley
will be very quick TO discover the advan-
tage enjoyed by those of the San Joaquin
Valley and it will result in another line be-
ing built in that valley. Even if they do
not DO that the rates of the pres sent lines
will be made to conform to those of the
Stockton and Bakersfield road.
When the new road is built the pro-
ducers of the San Joaquin Valley will then
he able to reach a market with their prod
ucts. After being brought into this city
at a reasonable cost they can find means
of reaching the Eastern and European
markets much cheaper than the present
railroad rates across the continent
what will the new road do for San
Francisco? 1t will open market for our
goods. The existing local railroad rates
are too high for local jobbers to expect to
secure large and profitable business.
Then If it is constructed it will open up a
market for our manufacturers. To-day
every manufacturing enterprise in the city
is producing much less than its capacity
because it cannot place its product in the
interior portions of the State.
1.-THE very fact that this new enterprise
is being inaugurated under the auspices OF
the Traffic Association ought to be a
guaranty that it is an honest undertaking
and will be conducted for the good of the
people and not for private gain. For two
secure relief for the State of California
from the oppression of the present trans
portation line, aud 1t expects to continue
the good work until the people are finally
free.
las it has been stated in the prospectus
OF tie new company, it is readily seen
that the capacity of the valley to supply a
profitable traffic is largely in excess OF or.
binary agricultural countries. In fac
there is probably no like area of territory
in the United States which will yield SC
large and so profitable Ia traffic for rail-
road. The capacity for sustaining 10 COM
fort large and dense population is unsur.
passed in any portion of this continent
And yet the population, according to the
latest census, was but. 1882 in the six
counties in the Sap Joaquin Valley.
with the establishment of competition
in transportation large immigration wou Id
naturally seek the territory so affected,
and the population will be doubled and
quadrupled rapidly, thereby increasing
the traffic correspondence.
Sin the counties of San Joaquin, SIAN
islaus, MERGED. Fresno, Tulare and Kern
there were produced In 1892 about 10000
carloads of the product of the orchard and
vineyard; $4,000 tons of wheat. or about
$4,000 carloads; besides large quantities of
barley, hay, vegetables, livestock, wool,
lumber. etc.
"Of general merchandise. implements,