The morning call., 1893-07-11
WILL HELP ALL.
The Valley Road Growing
i'm Favor.
PROPERTY-OWNERS WANT 1T
ReaITEstate Dealers Believe That
Property Will Be Enhanced by
the New Railroad.

A meeting of the executive committee of
the Traffic Association has been called for
tomorrow afternoon. at which time the
plan for making a canvass Of the city for
sctiptions TO the capital stock of the
San Francisco. Stockton and San Joaquin
Railroad will be agreed upon and put into
active operation. 1t is proposed to make a
vigorous and thorough campaign for funds,
and in the work the Traffic Association
expects to have the earnest assistance OF
other trade organizations.
Traffic Manager Leeds said yesterday
'The impression seems to prevail that the
new railroad TO Bakersfield is purely a
project of the Traffic Association and for
the personal gain of that organization.
Such is not the fact. We propose to start
the enterprise, and when S350,o00 has been
subscribed it will be turned over 10 those
who have made the subscriptions for or
ganiZation.
THE Traffic Association. however, will
demand one thing, and that is that the
road shall be conducted for ten years as IL
competing line. Before securing control
of it those who take the organization must
sign an agreement to that effect All that
the Traffic Association desires is that San
Francisco will be assured OF receiving a
competing railroad through the San Joa-
Quin Valley"
The real estate owners OF the city, as
well as the wholesale merchants, are
deeply interested in the success of the new
railroad. and are coming forward with
offers of subscription to the capital stock.
MIR. Sontag, of the real estate firm of
Shainwald. Buck bee & Co.. said: The
building OF the new railroad will be the
salvation of California, and there is moth
ing that will increase real estate values SO
rapidly. When the business of the city is
stagnant there is nothing that feels the
effect of it more quickly than real estate.
"Theie has never been anything TO SO
deeply stir the people as The proposed road
10 Bakersfield. They all realize that some
thing must be done TO relieve business
stagnation. and there is nothing that will
prove so beneficial as railroads connecting
this city with the great resources of this
State.
u feel confident that the property
owners will DO their share toward securing
the new enterprise. and all that is required
to make il success is for snme one to take
hold of it and push it. When it is built
you will find the vacant storereoms of the
city filled and the wholesale men doing
flourishng business.
"Everybo realizes that we are suffering
ton. and until we get it we cannot look Tor
much Improvement.
The Southern Pacific Company has
accomplished a great amount of good for
this State and | have no fault to find with
Ii, but If one road can do so much for us
another will also be Of great assistance,
and | want TO see 1t built.
IF the Chamber of Commerce, Mining
Exchange and all other busne organlza-
tons will take an interest IN this matter
the amount of money required from San
Francisco can be obtained within two
weeks. Let them appoint committees TO
wait upon each branch of business ana the
work Will soon be complete"
Mr.. Baldwin of baldwin q Hammond,
real estate, said: Times are hard and i,
may be a difficult task 10 raise money
enough to build the new road, but be-
lieve if a proper effort is made it viii! be
successful. 1t ought to be built, because
there is nothing that We need SO much as
competing railroads.
II believe the real estate owners of the
city will do their share toward securing
the new road. 1t will be the means of
putting new life into business. and what
ever benefits business certainly is adyan-
tageous to the owners OF real estate"
Mr.. Easlon of Easton. Eldrdge & Co
said: Most certainly the road TO Bakers
field will be Of great help to the city, not
OUiy ~ tue uieIcHdutS Uub ll6 UWH61S OF
property. Give us the new ROAD and the
people viii forget their present trouble
and We will enjoy our old-tiine prosperity.
whether the pr0perty-uwuers will be
quick to respond TO the request for sub
scriptions I am not prepared to say, but
they certainly Will realize the Importance
of the new enterprise.
o. f. Won Rhein said: lido not know
of anything that will put more life into
the real DnSippSS nf this Pitv ha N
the new railroad which the CALL is so
earnestly advocating.
Whether it is true or not, the people of
this State believe that the Southern Pacific
Company is an incubus upon us, and when
we have strong competing line that fear
will be dispeled.
The construction nf line down the
great San joaquin Valley will bring a
large trade to this city aud will be great
benefit 10 our jobbers. Whatever helps
the business men helps the property
owners, ami believe they viii be quick
to recognize it. II an honest effort is made
| believe the ROAD can he constructed
ithln a fat ~ h-