The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-31
FIRST IN THE FIGHT
Receiver John HI. Bryant Re
turns TO Praise Seattle.
COMMERCIAL SUPREMACY SURE.
Washington Lumber Popular. but the
Price Yet Too Low-Lske Shore
Building its Own Cars.

Gen. John RI. Bryant. one Of the receiv-
srs Of tire Seattle. Lake Shore & Eastern
railway and receiver % The Seattle Coal
and Iron Company. who returned from Tue
East yesterday after an extended Nlsis
says he finds tidal wave OF cneerfulness
and hoSefulness going All over tne iaha'
and he predicts q quick return 20 pros
perity Gen Bryant reached the city IN
time TO hear Of the first work on the Lake
Washington canal and ne referred 10 II
as having a direct bearing on the future
He said
Everybody knows there mast he city
on the Sound and that that city will be
large enough TO cor troll the west coast
trade What city Is there that has stood
I'D fighting during the hard times better
than Scatter She has prestige. ana as
community has credit among fnanciers-
When Think OF the great enterprise De-
gun yesterday. so soon after the CONNER
etal depression. I recall a saying OF Gen
Grant He held THAI when two armies
had fought and had been stopped by an
armistice, both were whipped. but that
the one 10 give the word 20 commence
fighting again was the victor Seattle has
raised a subsidy fer the canal and now
with the first return of prosperity is
ready "a go forward with bound People
are beginning 10 feel prosperous. and the
fact that they think times are better al
most makes IL so"
Gen Bryant spoke giowingly OF the re-
sources OF Western Washington. section
backed by lumber, coal and iron, saying
those were tho great factors in the dsvei-
opment OF Pennsylvania. There was now
an income here OF nearly 81. 00o.o00 month
for lumber alone. and most OF that sum
went for labor, the manufacturer reaping
almost no profit because Of low prices.
Gen. Bryant continued.
''The movement OF manufacturers 10 fix
t. In rfer and
bination with that object In view would be
OF great benefit. They ought 10 agree 10
cease competing among themselves. The
miilmen have only 10 advance the price OF
lumber and their customers will pay for
it. AS matters now stand. lumber is be-
ing sold al less than the cost OF manufac-
fure"
Washington lumber Gen. Bryant said
was the finest for car building to be found
IN the world. and was now being used by
the Pullman people IN building their pal
ace cars. The Lake Shore Itself was build
ing its own cars and intended to make
everything possible in the car shops in
this city. Yesterday workmen turned out
the first Of thirty new 30-ton coal cars 10
be used on the road here. and the inten-
ton Is 20 make new logging ears and such
other equipment as viii be needed. As an
indication OF What the road IS doing. the
receiver refers 10 the fact that the new
cars are being built from the earnings %
the road a state OF affairs highly salts
factory 20 the bondholdcrs.
The present revival % business. which
now has become so extensive in the East
that the factories are running even more
steadily than just preceding the late de-
preston. differs from All others. Gen. Bry-
ant says. in this that 90 - IN the largest
sense a commercial revival. and has set Ia
FAR IN advance 81 general rise GA the
stock market. Heretofore the rule has
been exactly the reverse