The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-01-28
dIEvE IN SEATTLE.
-, shore Bondholders Ready
TO Invest More Cash.
60 TO REVIVE BUSINESS.
- nrvsns KeeomnsaAs Kxanpls ~
nsnyAfs-Pseise cesst Kxesis
n reIephsns Lisss.

vsea ssksd what steps were being taken
- boudhoiders Of the Lake Shore
- sovarts the foreclosure Of the mort
-. nscsivsr John II. Bryant said yss-
wzay:
s7hss matter has besn placed IN the
$40 Of Strive. Alien, Hughes 4 Nc
~srlen ~ the Union Trust Company. the
s s~e1ees for the mortgage. and the Man
fsrssu Trust Company, the trustees for
- bondhoidsra Over six-sevenths Of the
f..1s have been Deposited with the Man.
fretxn Trust Company, and the commit
- which represents the bondh elders has
s~rpIoyed Judge Ssruve's firm - its At
Snneys."
ep<xking then Of the opinion sntsr-
hssed Of this section by the wealthy New
Tar syndicate which be represents. Gen.
rysnt said:
~. have 5000, 900 alrsady invested !.
fntsie and its tributary counfry-in the
i1ke shore road, the Gilman and Green
rlyef coal mines and the gold and silver
rIues--snd the record Seattle has made In
a. panic has attracted our attention TO
ousk gsod purpose that ~ are prepared to
nske good this investment by stili fur
lh<s investments, If necessary We have
al In that money in hard cash. and are
psxpared 70 invest more after II"
what 10 the best way to revive busi-
sess after such period OF depression - 10
90 npon the country" Gen. Bryant Wa
satsd. He repiisd:
sYour question recalls an article Rad
sses days since. A writer in the Name
fsrsri % Record tells of an intere.tIng
ecndiIion Of al irs which now exists in
Memphis, Tenn. IL appears that after .
ioag season OF inactivity the people of that
eity are waking up, and that renewed
snsrgy has been introduced in ell the
channels OF trade known TO that COM
munity. The people have determined TO
ri out Of the old grooves, have inangu-
rstsd new industries, and after asking
themselves. In there no way for Memphis
% become the commercial center y hich 10
position and prospects warrant7 are pro-
eseding 10 make IL 90 by every business
man 10 the city bending bis energies 20 the
task and they propose keeping on that
iine, This 10 the line OF thought which
should be taken up and acted upon by
every business man. whatever his CON-
munity may be and whatever may be his
location. and especially should such be the
use whore there are natural advantages TO
build epon.
There IL no denying the fact that every
wy - sNSt Waus 10 BSOpt4 ana&S t&
Natural advantages are good things to
have, but they alone will not make . city
great. Its unfortunately too often the case
that too much reliance il placed upon the
advantages of nature. Providence In its
bsneficence has gwen man talents to be
multiplied, and yet how rarely are they
improvcdf IL ID with communities AZ
With men. Energy, pluck and enterprise
n community-of the whole people
sooner or later bring their reward. No
apples ever fall In . lazy boys lap. and
there 10 about ~ much luck in the
achievements of our day a. there IL cream
In milkman's cans. Men Of means are
something to the city or town in which
they live. Brain and muscle can do much
In building ND q community, but these OF
themselves cannot do all that II required.
To build factories and FORCES. TO start the
wheels OF industries takes capital. Sup
pose the moneyed men Of Seattle should
lend their aid 10 all these enterprises, what
great city We might havei The success
which has come TO Memphis might be re-
peated here, and its accom- piishmsnt
would be tar easier, because Of the advan-
tagcs we possess. These are wholesome
lessons which might DO studied with
profit Seattle has advanced wonderfully
In the past decade, II il true, but there is
no reason why II cannot be made . great
eity-grsat IN all the elements OF business
life. It certainly 10 worth trying. aud,
once tried, we should. ~ is proposed In
Memphis. keep everlastingly at it. !"