The vital force of the Oregon Pacific Company, which was formed and
brought before the world in the autumn of 1880 to complete and operate
the Willamette Valley and Coast Railroad, lay in the advantage of
position in its central line, cutting Oregon in half, and thereby
attracting traffic to it from both sides, and also in the solid backing
of about nine hundred and fifty thousand acres of land, stretching
across the State from east to west, and which was certain to rise
four-fold at least in value by the construction of the railroad through
it.
The first hundred and thirty miles of the road pass through Benton and
Linn Counties, which together produce about one half, and, with the
adjoining counties of Polk and Marion on the north and the county of
Lane on the south, fully three quarters of the wheat-crop of Oregon.
It was estimated by a committee formed in these counties, who
investigated the subject thoroughly, that not less than one hundred and
eighty thousand tons of grain, and other freight to the amount of fifty
thousand tons or more, would seek an outlet over this road, from these
valley counties, on the basis of the crop of 1878. The subsequent
increase in acreage under crops would give not less than three hundred
thousand acres instead of two hundred and fifty thousand, at a very
moderate estimate. The inward freight may be taken at one half of the
outward bound, thus giving four hundred and fourteen thousand tons
which the new road would be called on to transport.
These figures raised the ire of the Oregon Railway and Navigation
Company and of some of its Portland friends, and their abuse called
forth a reinvestigation of the whole subject, which resulted in
thorough confirmation of the estimates.
[Sidenote: _OREGON PACIFIC RAILROAD._]
The Oregon Pacific proposed, as soon as open for business, to lower the
seven dollars a ton, the previous average charge of the other company
on valley freight to San Francisco, to three dollars and a half, and
the twenty-four dollars for first-class passengers and fourteen dollars
for emigrant passengers to one half of those figures. And it showed a
very large probable dividend on its capital, on those reduced figures.
The reasonableness of this will be seen by reference to the enormous
earnings of the other company.
The whole question turned, of course, on the practicability of so
improving the entrance to Yaquina Bay that heavy-laden ships of deep
draught could enter to deliver and receive cargo.
The valley farmers and traders, to the number of thirty-four hundred,
petitioned Congress to appropriate $240,000 for these works. Strenuous
efforts in support of this petition at Washington, in the session of
1880, sufficed to overcome the opposition of the Oregon Railway and
Navigation Company, and the prayer was granted in principle, but only
in extent to $40,000, after the fashion in such cases.
Public-domain text, read in full here on John Shaqi.
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