The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-02-14

TIE report contained an interesting
statement OF The progress OF each OF the
new lines. WIKI reference 20 the Seattle
line Il said in substance:
The service TO Seattle was opened n
August. u Was started with 4 v.eW OF Ell
feCLng a Juncture with the Great North
ern railway, which terminates al that sea-
port and which j. regarded as being the
most perfectly organized through 4lne n
the United states, IS Vel a. The shortest
route 10 the eastern part OF the United
States Negotiations had been conducted
Hith the railway company Tor many years
and a definite agreement vas arrived az
by represe natives OF the company spe-
cially sent over in June. A contract vas
arranged for the joint conveyance OF pas
seuseTs and cargo - the INC companies,
and for issuing through tickets or bills
CT 4z111S between America and Europe
one the one hand ana Japan. China and
other Eastern places on the other. On
august l the Mike Maru started from
Kobe as the pioneer steamer OF this new
line and reached her destination after
calling at Yokohama and Hawaii. since
that tine the service has been continued
once a month between HongkOng and Sc
attic. and during the half year under con-
sideratlon Two steamers have been EN-
pa0yed for L. The enterprise not having
yet passed the inception stage, and more
over. the tea season having been past
when the service was Initiated. the car
goes on outward voyages have been Tar
smaller Than those obtained on the home
4
uIarly established between China and Via
livestock, and new steamers of greater
speed are employed, both passengers and
cargo viii doubtless be attracted 10 a
greater extent There are three other
companies engaged IN shipping business
between the American continent and Asia.
and * Will prove q difficult ask for the
company 10 establish this new enterprise
on a profitable basis But the line being
en- important highway for connecting the
Western and Eastern hemispheTes ard for
furtherinE the development or the nation
al resources. the company, for the sake OF
the objects attajua bic By the service, must
be prepared % meet competition
In presenting the report President
Kondo spoke substantially as follows:
THE period of Office OF eight
Of the present d a,s..o has . eF
SUCCESSORS viii take place today.
Before they retire from office we shall
make a report upon the business OF the
company since their appointment The
present directors were appointed AZ a gen
eral meeting held in December. iss3. when
the company changed SIS organization.
All the directors elected ara persons VINO
have been connected with the marine
trade ~ japan Tor many years, men w1o
have had experience OF the trade. and
company 20 the satisfaction OF the share
holders and 7 have been fortunate %
fpIow IN t1e.r footsteps TO polnt CUT
the Important features OF the Work done
since their appoin irrent. I may state that
there were in 1854 e vessels. with an az
EreE1tc tonnage Of ss157 TONS This was
Increased 20 81 vessels ar the end OF Sep
TEN her last and since October more
govern -neut. ana {he payment Tor Which
Is spread over 4 period % fifteen years,
without Interest. Wera added making al
together IS vessels. with an aggregate