The San Francisco call., 1895-11-15
FOR A COMPETING ROAD,
The Eureka and Sacramento
Valley Road Is Now
Certainty.
VALUABLE TERMINALS GIVEN.
Citizens Of Humboldt Will Take a
Million Dollars Worth Of
Bonds.
VALUABLE TERMINALS GIVEN.
OAKLAND OFFICE SAN Francisco CALL,

OAKLAND OFFICE SAN FRANCISCO CALI
90S Broadway, Nov IA.
The surveying engineers OF the Califor-
mia, Oregon ana Idaho Railroad will COM
mence work next week. ]. NJ. Bassett of
this city, one of the prime movers in the
new road, will leave Oakland Tuesday for
the purpose of starting the surveyors.
''There is neither stock subscriptions nor
donation party connected with the road, :"
said Bassett to-day, "but everybody who
puts up any money receives bonds for
their coin. The road will be built by
Eastern capital that is already put up and
there is no one soliciting money. We are
being sought after by people who want the
bonds instead of going around peddling
stock like most new railroad ventures.
''The general route will be from Eureka
across the Coast Range to some point in
the Sacramento Valley. This point will
probably be between Redding and Red
Bluff, but the exact point is not yet
decided. The line will run right across
Humboldt County, pass through Trinity
and lust touch Shasta.
The start will be made from Collinsville,
at the head of Suisun Bay, and then up
the valley to somewhere above Red Bluff,
across the Sacramento River to the east
side, possibly at Pitt River Canyon. 1t
will then bear eastward and may possibly
connect with the Chicago and Northwest
ern at Cooper, Wyoming. 1t is not yet
settled whether this connection will or
will not be made, but probably it will.
This route will be almost true east from
the Sierra Nevada Mountains.
1--WE have already received the deeds to
splendid terminals at Eureka, with water
twenty-five feet deep, that can readily be
deepened to forty feet if necessary. The
people Of the Sacramento Valley have Of
fered some very substantial assistance,
both as regards the giving of right of way
and promising support after the road is
built. The people of Humboldt County
have already subscribed for bonds amount
ing to 500 eco and are now preparing to
raise another similar amount. In fact, it
is almost certain that they will hold bonds
amounting to a million dollars.
They are protected from watered bonds
and stock by clause in the articles of in
corporation, which provides that the road
shall not be bonded for more than $15 900 a
mile. Some of the Southern Pacific road
is bonded at from $4,000 to $50, 600 a mile
Already we have secured certain rights
OF way in the Sacramento Valley and for
the first eight miles out Of Eureka. Over
the mountains, of course, we need no per-
mission for right of way, but after the
first forty miles from Eureka, the noun
talns will have to be surveyed in many
directions in order to ascertain the best
route. We cannot do anything but pre-
liminary surveying during the rainy sea-
son, but work will be continued all through
the winter wherever possible The first
forty miles will be laid out within the next
two weeks, and AT the same time the survey
will be commenced through the Sacramento
Valley.
''The actual work of construction in the
Sacramento Valley will be begun at once
and be pushed as fast as possible. go to
Eureka on the 18th and will set the sur
yeyors to work. Everything has been
done as quietly as possible because when
you say railroad in California there are a
host of people ready to jump on you with
both feet. 1t is astonishing the extent of
opposition that we have met with from
the Southern Pacific Company. They
have had agents in the field who have
made overtures to bond large tracts of
land on the line of our proposed route and
have, in ways known only to themselves,
put all manner of obstacles in our way.
But the capital is up and the road VIII be
built and put in operation as soon as
possible"