The Portland daily press., 1897-11-15
Portland ought to be on this coast, in Nj

Portland ought to be on this coast, IN 41i'
Baxter S opinion
On the Columbia river he saw the w. 10
derful salmon fisheries. The canning iao
| tories IN some places take the fish ouu u
5he river by means of great wheels u luz
with scoops and run by small engln1ghn a
These wheels so1netiIneslland the t1sn ~ ~ ~
rate OF 1oftY tons IN three hours. O n,; III
Columbia river also he saw an estapiisn,
ment that will occasion some surprise
among eastern readers. 1t was factory
where horse meat is canned and in oVhoi
ways prepared for market us beef soup
extract or beef dried. The proprietor VI
the establishment was credited with pul-
chasing about four thousand horses 81
$3.50 apiece for the pgrpose of canning
them and disposing of them in othsr
forms of beef
| They found southern California ialu
Of flowers and sunshine. BUT the natives
OF the East who were there all sighea W
come home. 1--WE are sick of this eteTi,s'
sunshine" they said. land would IKE
to get where we could not see any now
ers for while.
Mr.. Bakers trip was for business as
we'll as pleasure. and he examined care care
| fully into business conditions generaiiy
and especially into special enterprises IN
which capital from this region y AZ
| vested. He says that he found that busi :,
| ness generally is improving greatly anu
that there is q very good feeling. Ing
street railways in the large cities are
showing gratifying increase in recelpIs
ana the steam railroads are also doing
well. But they are waiting for eastern
capital from Chicago to the Pacific coast.
Ar. Baxter was surprised to learn Ia one
VI tne large national banks OF chicago
mat their best bonds Issued for local en-
oo1 pflses We're not taken at home puo
Mere sent east for market. And Snis Is
orue IN a greater and greater degree as
o one goes west. They all are waiting for
we eastern capital which they think Will
S NJ again With the return of confidence;
MT. Baxter had frank talks with several
peoInlnene men out there about the return
Oh capital. and mentioned to them some
VI .ns instances that had shaken eastern
confidence. Very often eastern people
lhVes0 IN water company la western
town, and after years of risk and worry
seo IL Onto paying basis. About this
slnio sne city government comes along
Gnu Vo6es 20 buy the property in at u
price that will not return the investor his
money entirely, to say nothing OF the
thought and trouble that he has ex
penoed Then the silver craze was a more
notorious instance of confidence destroy
Ing pollcy. Mr.. Baxter says that they
admitted very oandidly that they had
Deen 1oohsh. and they were quite certain
Gnab II they could get the days Of conf
oenoe ana eastern money back again they
would do better.
In conclusion Mr.. Baxter spoke espec-
Tally OF the great Improvements in travel
ing In the west. A man may lay out his
1t1nery for thousands OF miles with the
almost absolute certainty that he will be
at his various places of destination ON the
hour and almost the minute that he
plans.
Mr.. Baxter was very glad to get back
to Portland, and had spent his time since
arriving in going through the large mail
that had accumulated since his departure
and In reviewing in the local papers the
interesting happenings in the city in the
last two months.