The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-10-30

ton 11sy, - guest 81 the Nor11srn hOae1
sod viii spead several days IN the city.
The bank Of which he il presidsnt 10 she
oldest and one Of the largest IN the
naffenai capital and during It's long exist
ence hiss never been Closed Mr.
Thorn pscn is known among bankers all
over the country. aThs bank vas founded
sbont the time Of fhs xar Of is12 and the
minutes of il earlier years make interest
ing reading" said be yesterday. I'm islt,
when the British landed on the Virginia
side. marched mp from Fortress Monroe
and burnt the capital an entry vas made
By the secretary which reads something
like this: i am thu only member Of the
board present, and, thank God. ali the as
sets have been removed 70 Hagerstown-
have just received information that the
redcoats are marching across the long
bridge and I'm Off Changing
the subject. Mr. Thompson said: The
worst Is over and when the senate
has passed the repeal bill l ex-
pect that business will steadily improve
and foreign capital will begin 20 dow in
again. The banks in the East are giutted
with money. but they are not ioaning
much, for the men who want TO borrow
are already in debt 50 far that the banks
DO NOS wish to lend them any more, while
those they would loan to are out Of debt
and generally do not need meney. The
banks have had their day. and / am afraid
that in December and January the pinch
VIII come on some of the merchants who
have collected and paid all they can and
are still In debt. But the banks will help
those who are solid. and those who have
not been careful enough viii have to go:
still they will not be many. The New
York banks have done splendidiy in
helping some OF the large mer-
chants who could not otherwise have
kept above water. Those banks
could never have pulled through the
panic themselves If they had not stood to-
gether and issued clearing house certifi-
Gates, and / was glad TO see that your
clearing house had passed resolutions
praising their action. Your banks have
shown what can be accomplished by
standing together in crisis, with the aid
OF the public. and the result is that the
credit of your city is high IN the East.
You already have much Eastern capt.
tai here. and when the money begins
to how from the banks through the coun-
try. as it viii by the spring, you will get
still more Of it. for your city has proved
its solidity. 1t Is the most solid city on
the Coast and when you get that canal
through TO Lake Washington 1t will be
the largest city on the Coast and the ship
ping center. Senator Squire is still
working hard to get an appropria-
ton from congress for the purpose,
but there 10 not much prospect of
his securing it this year. / think the best
thing yoz could do here would be to get
the state to appropriate the proceeds of a
certain part of your tide lands for the pur-
pose and then you would have no difficulty
in obtaining the necessary money. / un-
derstand that the states right to these tide
lands Is soon to be decided upon by the
United States supreme court and that
there is no doubt, Judging from the decis-
ion in the Chicago water front case, that Ii
will be favorable to the state. Other cities
could not reasonably object to such an
arrangement. for they would benefit by 1t
In securing aid for improvements in their
harbors."
6. A. Keefer, Of Victoria, chief engineer
OF the kootenai reclamation works, is at
the Arlington on his way to the scene of
operations. The work he has in hand con-
sists OF diking the low bottom lands for
about thirty miles along the Kootenai
river between Lake Kootenai and the
boundary. These bottoms are from three
to five miles wide and are overlooked till
July with the spring floods. bat it is ex-
pected that the system of dikes will re-
claim 5000 acres of the richest land.
I'VE propose TO keep the water off by
means OF these dikes, one running along
the river and others restraining the large
streams flowing into it, while the smaller
tributary streams will be carried into q
back drainage ditch. By diking the large
tributary streams in this way we shall be
able TO reclaim the land in sections and
place IL on the market as fast as we do so.
The land is very rich and grows splendid
hay. We have dredges at work now and
are going right ahead"
@. II. Ando, the well known Japanese.
has returned from bis native country,
where he has been tor the last year. He
says the people are prosperous there, but
is not sangulne as to the development of
trade with this country. as the price of
American products is too high. Wages
are very low there, the women who make
and embroider the silk hsndkerchiefs sold
IN this country being paid only cents q
day.
Among the returning visitors to the
Worlds fair who arrived on the Great
Northern train on Saturday evening we're:
T. NJ. Daulton, Mr.. and Mrs. D. Keller.
Mr.. and Mrs. Jesse W. George, Mrs. NJ. L.
St Clair, Mr.. and Mrs. T. b. Hardin,
Rev. and Mrs. I. w. Read. Lem A. Short
ridge.
Electricians in the city have received
notice of the wedding in Portland last
Friday of Sidney z. Mitchell. manager of
the Northwest General Electric Company.
and Miss Alice Pennoyer Bell. of Portland,
and they have sent him congratulations.
The bridal couple have gone to California
Mrs. c. II. Lilly and her two children
arrived in Seattle Friday evening from
Champagne, H.. where they were visit.
ing, having been called home By the news
OF Mr.. Lilly's serious illness. He is now
improving, however. and is probably out
of danger.
-Four San Francisco insurance men were
registered at the Rainier on Saturday.
They were p. II. Sexton, Alfred r. GRIMM.
III. II. Smith and DixweIi Hewitt