Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1896-08-21
N. P. IMPROVEMENTS.
The Reorganized Company
Will Make Many Along
the Line.

Edward D. Adams. the chairman
OF the Northern Pacific reOrganfza-
ton committee, has just completed
a trip over the line, and on Friday
he was in Duluth. A reporter of the
Duluth News Tribune made inquiries
of him regarding the plans OF the
new owners Of the road, and he said:
THE reorganization has planned
extensive betterments but which will
be deferred until the result of the
election is known. Perhaps we may
not consider it feasible II the result
is not satisfactory to make these i'm
provements for an indefinite period.
II the platform adopted at the chi
cago convention should I've endorsed
by the people the railroads III this
country would be seriously affected
and the Northern Pacific would re-
serve it's resources instead Of making
the betterments which have been
planned on an extensive scale. You
will readily see that we would be
unable to increase our tariffs while
it ia equally certain the prices for
supplies and material would increase.
Our revenues would come In the
shape OF silver and to pay the inter-
est on our bonds we would have to
buy and pay a premium on gold. 1t
is very simple proposition and l
trust the people Of this country will
see the fallacy of the free silver ideas
and vote accordingly. II Mckinley
is elected the Northern Pacific will
proceed at once with the betterments
to the system which are cOntem-
plated.
"The Northern Pacific stands ready
to distribute great deal of money
if the financial policy Of the country
is not disturbed. Preparations are
now being madef0r the construction
at st. Paul of a new office building
where in future will be located the
executive powers of the Northern
Pacific instead Of in New York. The
financial headquarters of the road
will remain in New York and the ex-
ecutive department will he trans
ferred to st. Paul.
"Among the new improvements
proposed by the Northern Pacific
railway is the relaying of a very
large portion of the main line and
branches with new steel, exchanging
wooden bridges for steel bridges,
important improvement of terminal
facilities at various points, adjusting
grades. curves, etc. Contracts have
been let for some of the work pro-
posed, such as for the new office
building and some of the changes l
have mentioned. Where contracts
have been made the work will be
completed, but no new contracts
will be made until the financial
policy Of the country after next No.
vember is known. New projects are
necessarily held in allegiance aud un-
less confidence be restored in the
financial communities by the result
of the ELECTION new capital will not
be forthcoming for improvements
and new Industries that are needed
in the Northwest. The country is
now in the very best OF shape to re-
cover quickly from the depression
which has affected it for the past
three years. The crisis has been
reached and the endorsement of the
st. Louis platform by the people
would restore confidence and set the
wheels of industry quickly in motion.
Manufacturers and business men and
men in all the branches of activity
would take courage, and in a very
short time we would find the coun-
try restored to. it's former condition
of progress and prosperity