The Chitina leader., 1912-03-09

the Commission and the voting of 50 bonds
nauguae the plans for Harbor Island terminals This
dered the most progressive and beneficial step that Seattle
taken in history The Bogue plans for creating
that part the city north and Of the
Hotel Washington building defeated most important
decision upon the part the voters the defeat the single
amendment exempt improvements land from taxation
and taxing vacant and improved land alike The adoption of
this amendment would have been serious blow to further
development of the city the endorsement of the Harbo
Island terminals index Of future greatness and growth
The Pacific Terminals Company is at the head of the
eprse which much create greater Seattle The
president of this company R. F. Ayers, ofNew York. thus
speaks of the project and the benefit that the city will derive
from it:
Seatte has decided to become the greatest port entry
Of the Pacific coast the grouping together of all the
ary facilities the providing of every known of
aon what plan do Harbor Island, to establish
port here with such facilities that other city the Pacific
enter into competition.
st enough provide big roomy piers isolated from
each other The piers must be grouped together in order
bring about sufficient volume of business at point to
y the heavy cost of freproof warehouses; the building OF
large freight yards the cost OIL railroad equipment and the
maintenance of efficient organization insure speed accuracy
ind in handling and safety of storage And all these
we will soon have in Seattle &%
cit is established fact that when the Panama Canal
opened to steamship traffic. going to seek the
Pacific coast port of entry which shall in time lead all othe
pacific ports by great margin New York city leads al
other ports the Atlantic The steamship
lines and the larger ntercosta lines will seek terminals the
port because is the law OF commercial development thai
concentration of shipping interests produces corresponding
concentration of the interests which the larger por
ton of the cargoes which the steamers bring
he concentration of the larger steamship lines at one OF
the Pacific ports will be the first factor establishing the
leadership of that port This factor will bring the same
port the distributing depots for territory of the larger
enterprises which deal in crude products and materials
The next natural step is the location in the port
the manufacturing industries which make goods from these
materials These manufacturers will be competed with
by their larger rivals located in the east who will ship large
quantities through the canal to the port where they will
maintain distributing points capable of holding very large
stocks of their finished product.
All this will immediate increase in population
and corresponding increase in banking facilities All these
factors unite to aid each other in producing furthe,
growth More manufacturers will be attracted bv the mprov
ed labor market and by the increased power of consumption of
the population More banking facilities will come to fill the
need OF increased business distribution raw material
will to supply the additional manufacturers attracted
also by good banking facilities and good steamship facilities
More steamship lines will carry increased business
The port which the first concentration of steam
ship lines the opening OF the canal will become port of
entry OF the Pacific coast the manufacturing CENTER the
center and the population just New York is on the
Atlantic coast and for the And the people of
Seattle have decided go ahead to such an extent that the
concentration of these steamship lines at this point
Past experience Of other ports has shown that the port which
provides the facilities gets the steamships There today
eighteen steamship companies American and foreign planning
to make an early selection of Pacific coast port order to
have all their complete get the very first
which will through the canal All of these
will probably sign contracts for berths within year from
today and predict that Seattle will be the favored city with
practically every one of them. r+a.
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