The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1910-03-10
NORTHWEST NEWS
NOTES

money being invested today in tim
Der, fruit lands and logged-off lands
in Washington, Oregon, Idaho and
British Columbia than ever before
in the history of the northwest. One
reason advanced for this by local
capitalists is that such investments
offer greater inducements in the way
of fortune making than does invest
ments in city property. There was
time when men with money for
good speculations turned to such
cities as Seattle, Tacoma, Spokane,
Portland and other large cities of
the northwest, but now prices have
reached that state where there Is
no longer any chance to speculate.
The man with a big fortune can con-
tinue to buy city realty, improve it
and make money, but he with a
small fortune, which it is hoped to
where than the cities If he wants
to be successful. Shrewd business
men with an eye to the future do
not hesitate to say that the fortunes
of the future will come from the
timber, logged-off lands and fruit
lands of the northwest. During the
past few weeks a number of rich Sc
attic men have invested heavily in
Oregon and Idaho lands and they
say they are more than pleased
with their investments. 1t is the in
tention to cut up this land into
small farms and sell them to set
tiers. A big rush is expected this
spring, for the railroads have been
extensively exploiting the country
and are offering special inducements
to settlers. Thousands of new peo-
pie are expected to locate in the
three states within the next year.
Every state will get its share. The
Hill roads declare that the next few
months will witness wonderful
rush from the east and middle west
to the Pacific northwest This is in
formation based upon the heavy in
quiry for rates made to eastern
agents of the Northern Pacific and
Great Northern.
1t is not always state or the ma
tional administration that takes a
crack at the railroads.; nature has
been doing her share for the past
week. The railroads, all of them,
that come into this state, have had
hundreds of thousands of dollars in
extra expenses piled up against them
as a result of the floods, snow block
AIDES and slides in the mountains. 1t
would be hard matter for tech
meal railroad man tn take pencil
and figure out even approximately
the enormous losses which the roads
have suffered during the past few
weeks. Certainly it will run into
seven figures. The Northwest as
well as the railroads suffer. The
transcontinental lines have been
working hard preparing for the great
rush of settlers into the Northwest
with the coming of the spring months.
The recent occurrences in the noun
tains will somewhat upset their plans,
for thousands of dollars which would
ordinarily have gone into eastern
newspaper and magazine advertising
setting forth the great advantages OF
| the Northwest, will now be diverted
for the purpose of meeting this great
and unexpected expense. "Neverthe-
less,' says H. C. Mutt, one of the
high officials Of the Northern Pacific,
I'VE realize how much every new
settler means to the Northwest and
we will bring them as fast as they
will come. We are working with the
commercial bodies of the Northwest
in encouraging immigration to this
state. The more we induce to come
the better it will be for the railroads
as well as for every corner of Wash
ington, Idaho, Oregon and British
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