The morning call., 1893-07-16
THE COMING ROAD.
Merchants Subscribe to It
Literally.
CANADIAN PACIFIC TARIFF.
Southern Pacific Forced to Meet a
Higher Rate-Increased Trade
With the South.

The committees which have in charge the
collection of subscriptions to the capltal
stock of the San Francisco. Stockton ana
San Joaquin Railroad met with excellent
success yesterday, and feel con fident thai
it is only question Of few days until
they raise sufficient to incorporate the new
company.
The people want the new road. anu II
times were good the money that is needed
for its construction would be raised within
one week. Even with the present strin-
gency. all that is needed from this city
will be subscribed within the next thirty
days.
The work Of delivering California from
the clutches of the Southern Pacific mo-
nopOly has oeen proceeding in regular or
der and upon logical grounds. and it Will
continue until relief has been obtained.
The first victory was the line of clipper
ships, and then followed the North Amerl-
can Navigation Company, and the most
important move will be the construction
Of the new railroad through the San JOa-
quin Valley.
Under the present conditions the Pacific
Mail can no longer collect subsidy and IN
order to secure business it is forced to cut
its rates of tran sportation. Formerly rates
L n,
Pacific and the Pacific Mail would regu-
late the charges from there, but now they
must be made to San Francisco. and this
has been caused by the establishment oil
the North American Navigation Company
Now the people realize that the building
of lpe down the San Joaquin Valley
will complete their victory over The Sou tn
ern Pac tic and bring prosperity to the city
of San Francisco. Ii is local feeders that
they need, and they understand that such
lines will double the business Of the city.
The new road will not only add largely
to the business of San Francisco merch ants.
but it will to large extent increase the
population of the valley. In addition to
this it will regulate the rates all over the
State.
When the new road is built the passen-
gers coming from the valley will reach
Stockton in the evening in time TO take
a boat, get good sleep and wake up the
next morning to find themselves in San
Francisco. Thus the traveller will not only
secure reduced railroad fare, but save a
hotel bill.
The people of San Francisco and the
San Joaquin Valley want the new road
and they are willing to subscribe literally
in order to get il. They understand that
the present hard times and depression is
due solely to the lack of competition and
they will leave nothing undone to secure
relief.
The new road will be constructed purely
upon business principles, aud 1t offers an
excellent opportunity for those who wish
to invest in money-making enterprise.
The road can be chraply constructed and
operated. end it is certain to make money
from the very start.
A reason for the advance of rates by
the Southern Pacific has become known.
1t is now said that the increase has been
forced by the Canadian Pacific Railway
Company. Mr.. Huntington has decided
that it is policy TO maintain money making
rates upon his railroad. especially when
The Canadian Pacific tariff, which is ef-
Iective Juiy 20. has bten rece1eed. ana ac-
cording TO it the rates are as follows: