The herald., 1896-08-23

Francisco. Therefore, we are espe-
cially anxious TO give whatever assist
ance may be in our power to promote
the enterprise you now have in hand.
Very respectfully yours,
GEO. S. MATzMURA.
General Manager X. II. Wade of the
Southern California railway made few
remarks on the Importance of the pro-
posed steamship lines from Japan to this
coast and the possibility of the develop
ing of large Oriental trade, then the
other distinguished guest of the even
ing, Bishop Taylor of Utah, was intro
duced and made short address, say
ing in part:
THE UTAH ROAD.
II am very happy to be here this even
ing. We in Utah warmly welcome this
promise of Japanese steamship line to
Southern California. If we can get a
railroad through from Salt Lake to Los
Angeles we expect to get great benefit
from the new steamship connection. We
know we can give you something to en-
hance the progress and prosperity of
Los Angeles particularly and Southern
California in general. In Southwestern
Utah we have vast deposits of coal and
iron awaiting an outlet in this direction
We have immense quantities of iron ore
that assays 711A per cent metallic iron,
almost pure pig iron. Such ore is worth
1915 per ton in Chicago. We can put it
down at the blast furnace for 81, and
with our coal and limestone, can make
pig iron just as cheap as anywhere in
the United States. We could place it in
Los Angeles so cheap that you could in
troduce industries and manufactures of
all kinds. By means of this steamship
line you can bring hard wood from Mex
leo and Central America for the manu-
facture of furniture, and with our iron
and coal and your petroleum, you can
manufacture agricultural implements
and machinery of all kinds for export"
The speaker then told how Chicago
owed it's great growth and prosperity
in large part to the iron industry, a
plant which cost $1,OO0000 having clear
ed $5,000,000 in ten years, and now be-
ing capitalized at $50,000000. He pre-
dicted that similar strides would be
made in Los Angeles, if the cheap coal
and iron of Utah were accessible, and
pointed out the vast territory that could
be supplied with Southern California
products if a short line to Utah were
built He also said Los Angeles could
supply vast quantities of mining ma
chinery for the southwest. People in the
back country would be enriched and
would come to Los Angeles to trade.
Salt Lake was not to be compared to
Los Angeles in the way of resources
sion Mr.. Taylor said:
Il am here to get franchises and other
things necessary in the construction of
this road. L have made financial ar
rangements and am prepared to show
that 1 can get millions for this enter
prise if the peor1e here will take the
proper interest. If Los Angeles will fur
nish ne-hundredth part of the money
needed, the road will be built. 1t can
be completed through to California in
fifteen months"
A committee of the Merchants and
Manufacturers association will be ap-
pointed to confer with Bishop Taylor
on this matter. He has been here about
two weeks, conducting a quiet campaign,
and feels encouraged. He is anxious to
lay the matter before the people, and is
confident that with little effort the
road can be built and will prove an i'm
portant factor in the prosperity Of South
ern California.