The morning call., 1895-01-18
HELP THE VALLEY ROAD.
Men Of Wealth Urged to Attend a
Conference.
The Executive Committee of The Traffic
Association Issues an Important
Circular Letter.

The active labors of the executive COM
mittee of the Traffic Association in aid of
the proposed San Joaquin Valley road
have taken a new direction, and yesterday
circular letter was addressed to over 200
property holders, all of them men of
wealth, in which they were invited to at
tend conference with the committee, to
be held in the rooms of the Chamber of
Commerce on Tuesday next at 2 P. NJ, for
the purpose of raising the necessary funds
for the project.
The text of the invitations is as follows:
The proposition to construct railroad in the
San Joaquin Valley under the auspices of this
organization is too well understood by this
community TO require introduction and the
necessity for the road to the commercial, finan-
cial and real estate interests OF this city and
the State is too apparent to require lengthy dis
cuSSion. We regard 1t as necessity TO en-
nance and sustain values of real estate, and at
the same time become an insurance upon the
mortgage loans, both OF this city and the coun-
try; a necessity also for the increased bust
ness it will create and bring to San Francisco
to sustain and improve waning commerce, to
which the large number OF empty stores, offices
and houses, and the declining rents and values
on realty bear testimony and present an argu-
ment more potent than words we can utter.
The situation in the State north OF Tehachapi
is too well understood throughout the whole
country TO admit OF the expectation that immi-
grants of intelligence will seek to make their
homes in the San Joaquin Valley to become
the poems of the Southern Pacific Company or
that capital will further seek investment in
this city or that valley under such conditions
as exist at present The Southern Pacific
Company has discounted the future of Cali
fornia too far in advance. This association
has carefully canvassed the mercantile COM
munity for subscriptions to the capital stock
of the road, and while they express a thorough
willingness to take a liberal share, we are sat
isfied they will not do so to any large extent
unless the cooperation OF the real estate and
financial interests is secured.
We earnestly request that you give this mat
ter your careful consideration and join hands
with us for the upbuilding of the State, es-
pecially this city. We believe the necessity is
urgent and the situation for this city critical
We assure you that it makes vast amount of
difference as to who builds the road in the val
leys of California, involving absolutely the
future prosperity or adversely of this city. An
other road in these valleys, governed by the
same instincts and incentives which prompts
the one we now have TO sacrifice everything to
the long overland haul and TO discriminate
against this city, as they do when they charge
more for the movement of freight between San
Francisco and the valley than is exacted for ten
to twenty times the same service in the oppo-
site direction, would render San Francisco
completely SubSerYient and make them the sup
plicant for such favors as it might serve the
interests of such roads to grant.
These facts are too important to let pass I'M
needed. 1t is of the utmost importance that
San Francisco shall act promptly. To this end
we have extended invitations to large num-
Der of persons who, like yourself, are interested
in the future prosperity OF San Francisco, and
we earnestly request you TO meet with them
and this committee to discuss and consider
this problem at the rooms of the Chamber of
Commerce, on Tuesday, January %, at 2
O'Clock P. NJ.