The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-20

The investment Of the pacife-A American
Fish Company ~ Chicago ~ Puget sound
salmon traps anal C8uaerIes Nh! oe the
largest made in The Tar Northwest since
tae construction ~ ths. Grsag Northern
railroad Providing the legislature does
ret pass laws that VIII drive these peo-
PIE away, they Wall have spent S5,e0@9
By January ! OF next year. Ii Will nsean
thu entrance TO Puget sound Of me very
wealthiest men q Chicago and some q
the miilionaires ~ -. Louis.
Fer there are in This deal such men IS
Henry b. Steele. Of the Steeie-N edeies
Grocery Company, OF Chicago. a very
large Wholesale house. I. T. AunkinS. Of
the Thorn & Hunkins Lime and Cement
Company. very heavy concern OF 81
Louis; Joseph Sny3acker OF the Richard
son Company, large oookers on the board
OF trade q Chicago. Mr.. stuart. OF the
Cereal Milling Company. an immense con-
Germ Of Chicago L. Mayer oI Moran,
krauss x Mayer. the largest firm o. cor
poration attorneys il Illinois. and. above
all, John CudaAy. OF Armour Il Cudahy.
What They Represent.
These men are probably worth collect
lively slev eo.essi. Such is the amount OF
capital controlled oy men who have their
eyes on Puget sound and who have de-
cided TO put s5,l1p,tsa OF their money into
its industries. NO stronger combination.
with the exception Of she two railroad
companies. the Northern Pacific and the
Great Northern. ever operated here.
These gentlemen will very likely come
out in "a few weeks" said +. l. Deming,
prospective secretary Of the Pacific
American Company. at the Hotel Butler
yesterday afternoon.
Il shall leave today to report 70 them At
Chicago and + shall endeavor 10 have them
come here and look over the situation
e . IL
their home business affairs long enough
to do So ! cannot tell. They VIII &c start
led when | describe this country To them
wonderfully surprised. l never realized
what Seattle and Puget sound were. And
/ was thundcrstruck when / saw the
place. Ny description 10 thora VIII be Of
immense influence ana encouraged
our total Investment here VIII be prob
ably S3.41U.tso. we snail bulid larGe
cannery at some point Oh the Sound. but
whether Anacortes, EaIThdXtu, New
Mhatcom or some other place IS wholly
unsettled. We have already secured, or
made payments Oh. three caaneries ana
fuTty-SiN fish traps We shah build or
buy steamers to operate between our can
nefieS and the traps In addition. fresh
fish viii be- shipped East aiCh win ne
cessitate a refrgefator OUTFIT. Then we
sAail build & erul.zlnS factory 10 Use
the otat from the salmon canning. Every
part of the salmon VIII be used iust as
is every part Of the beef at the Dig Chi
Deal Not Yet Closed.
u win say frankly that the deal is not
yet closed We have paid out $lNo 900 ami
have several hundred thousand more 20
pay before We shah have acquired the
properties We are after. More payments
are due on March 81 ana April l. Whether
or not We meet them depends 10 some cx-
tent upon the action Of the legislature AZ
Olympia Rather than ne subject t. har-
RAISING provisions Of tna law. We viii lose
the money that ave have already paid
We do not object u tIxatiop uf fish traps
than most men in this business ard "a ' saw
that the total expense Of hatCherisS Suf-
hctent To produce all the fish that traps
can catch should oe borne ~ trap own
crs and not by the general public. We
would be willing To pay 500 license per
wear for each trap. is not that liberal
enough?
But we do object TO laws that WIZ
hamper and hinder us. | should not like to
see provision that we must report every
thousand fish 10 the state authorities, BE-
cause the trouble and expense of count
ing the fish would bc great
Littie's Dill Fair.
The bin ~ Fish Commissioner Little.
now before the legislature. seems fair
in many respects. II contains nothing
nation that would drive rs away. But
II might be so amended that Il will be
come obnoxious. Now. mind Won We
don't ask anything of the legislature we
have invested some money. and VIII in
vest more providing It will b. profitable.
II laws making II Improbable are passed.
We shall simply Quit with the loss 81 our
Nf@0o But I don't think there IS any
disposition - dTiy" capital away from
Puget sound. on tile contrary il seems
- he the all-powcrful sentiment thar You
want IL"
The investment Of this s.. on0 zoe NAV Be
Jest the starter for the millions uuou
millions that will pour into WASHINGTON
from -. Louis and Chicac0 L Cudahv.
who has an Immense following in :ho Il
nanciai world % Chicago. sacl'd do wnll
with TINS invest rnent. there Is no limit
30 the amount o. capital that may come
here. He and his friends who include the
Arfn0urs. are broad Mon engaging tn many
limos of h'feiness. & profitable Investment
here wrofd doubtless mean the entrance
o. theee mn on 9 Ir,.cn lar-.r .cal..