The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1895-02-08

1t is the idea of Mr.. Spreckels, and also
of many of his associates, that 81, 600, 900 of
the required Sc, 100000 should be raised in
this city, while it is also thought probable
that the remaining 100000 can be raised
in the other sections of country which the
road will penetrate.
Mr.. Spreckels has upon several occasions
given strong evidence of the great interest
he takes in the project, and yesterday he
gave utterance to another startling state
ment which Will carry Joy to the many
friends of the road and give the work of
raising the second two millions in this city
q substantial starter in the right direction.
II am in favor of raising the entire
100000 now" said he, land 1 believe the
best way to secure it would be to call a pub
lie meeting and take action then. l am
willing to double my subscription to the
road if this course is decided upon. If we
dispose of $4,000, 900 in stock we can then
issue like amount in bonds and thus Sc
cure all the money that we will require to
build the entire line"
With 100000 as starter it is believed
that the other 81, 100000 could be readily
secured in this city. There are hundreds,
probably thousands, of persons of moder-
ate means who would willingly invest a
few hundreds in the enterprise if given an
opportunity, but who have refrained from
coming forward heretofore because of the
fact that only large subscriptions have
been given attention.
Then as to the 100000 which the
country would be depended upon to raise,
little trouble is apprehended on that score.
The people of Santa Clara County have
stated that . it is believed one-half that
amount could be raised in that county
alone, and the indications from all other
sections show that money will not be lack
ing when direct request for it is made.
A pleasing incident IN yesterdays de-
velopments and one which was particularly
commented upon by the members of the
committee was a subscription of $1,000,
made by Alvin P. Figg, Pacific Coast man
ager for A. H. Hart & Co. (the Elm Flax
Mills) of New York. Mr.. Figg wrote to
his employers and gave them detailed
account of the enterprise, and in a very
kindly worded letter they authorized him
to make the subscription mentioned.
From the Stockton Commercial Company
the following communication was received
yesterday:
STOCKTON, Cal. Feb a.
Claus SpreekelS, Chairman: At a meeting of
the Stockton Commercial Association held
Saturday evening, February 2, 1895, the follow
ing resolution was unanimously adopted and
copy thereof ordered transmitted to you:
RESOLVED, That we pledge to the projectors Of
the new San Joaquin Valley Railroad our un-
divided support and cooperation, and that we
pledge ourselves to at once begin the work OF
procuring substantial financial assistance from
our people toward furthering the building of
said road; that we congratulate the projectors
OF the enterprise and the subscribers to its
stock upon the energy, enterprise and public
spirit displayed by them. Very respectfully
yours, STOCKTON COMMERCIAL ASSOCIATION.
oRRIN S. HENDERSON, Secretary.
The people OF Tulare County are awake
to the vital Importance of the proposed
road, as is evidenced by the following letter
from one of that iocality's most prominent
citizens:
TUIARE, Feb. 4, 1895.
Mr.. Claus Spreckels ct al, San Francisco, CAL
sIRs: but voice the sentiment of the people of