The herald., 1893-11-11
A GOOD BEGINNING.

\
1t gives the HERALD great pleasure to
be able to announce that the business
men OF Los Angeles show every indica.
tion of cooperating heartily with the
grand project OF controlling the trade oi
southwestern Nevada and southwestern
Utah by subscribing the $4,000 which
the management of the road ask for the
extension of the Nevada Southern. Our
readers are aware that committee has
been appointed for the purpose of laying
the claims Of this enterprise before our
business men. 1t gives us great pleas
ure to be able to say that these gentle
men, who are Themselves amongst our
most representative citizens, are meet
ing with great success in their efforts.
Yesterday they succeeded in securing
four subscriptions of $4,000 each, max
ing $4,000 altogether. These were
from merchants who appreciate the
inestimable benefits which will accrue
to Los Angeles from completion of the
road. It is an excellent beginning, and
all the indications point to a complete
success in raising the moderate sum
which will carry the road to the vaet
coal and iron fields that will make Los
Angeles great manufacturing center in
the near future.
There is absolutely nothing empirical
in this proposition. We. have it abso-
lutely in our own hands to develop and
make tributary to this city unlimited
deposits Of coal and iron, and to hasten
the exploitation of the richest gold and
silver region and the largest and most
remunerative nitrate deposits in the
world. The inexhaustible mineral
riches of this region have been known
for forty years. The only drawback to
their utilization has been the difficulty
and expense of transportation. Presi-
dent Reinhart, of the Santa Fe, in q
letter which we have been permitted to
see, expresses great faith in She brilliant
outcome of the section to be traversed
by the Nevada Southern. There is not
an experienced prospector on the Pacific
coast that will not concede the incalcu-
liable richness of the territory tributary
to the new road. All that is needed ie
the open sesame of railway to insure
prodigal yield of the precious and OF
the base metals. The people of Los
Angeles are not asked to give anything
towards the enterprise, but are merely
invited to advance a comparatively
trifling sum of money on the most am
pie security. 1t is to be used towards
grading difficult portion of the road
bed. The rails and other material are
already provided. The ten miles of
heavy grading which will be necessary
in approaching and leaving Vanderbilt
constitute the only really expensive
section of the whole road. All the rest
is like laying track on barn floor.
1t is a pleasant thing to see that Los
Angeles is at last awake to the fact that,
in a large measure, she can create her
own future. With the Nevada Southern
completed to Maopa, in Southern Utah,
the business of this city would double
in year. Smelling and reduction
works would spring up here on large
scale. Iron foundries and other manu-
factories would soon abound. We would
supplement our manifold productions
by industrial enterprises of all kinds.
In fine, we should have reached the
stage of genuine metropolitan growth.
1t is pleasant to know OF this new en-
terprise that it is already doing a good
business, and that in October an increase
of twenty five per cent was registered
over the traffic of September. Thus far
in November the indications point to as
great an increase of business over October
as was shown in that month over Sep
tember. In fact, no new enterprise ever
started out under more favorable aus
pices than this distinctively Los Angeles
road.