By Peter J Lewty
In exactly many years of prosperity, among 1886 and 1891, a wave of railroad development broke around the in moderation populated inland simple of the Pacific Northwest. Racing to safe strategic routes and assets of site visitors, the railway promoters outfitted an in depth and bewildering community of competing strains. carrying on with the saga he began in To the Columbia Gateway: The Oregon Railway and the Northern Pacific, 1879-1884 (WSU Press, 1987), Peter Lewty describes the region's dramatic railroad increase within the years 1885 to 1893. Recreating the present surroundings of optimism and pleasure, he lines the growth of the Northern Pacific and Union Pacific platforms within the inside Northwest, chronicles the development of the Pacific extension of the nice Northern Railway, and offers a multi-faceted portrait of railway operations at the final frontier of yank payment.
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Extra info for Across the Columbia Plain: Railroad Expansion in the Interior Northwest, 1885-1893
The company therefore derived little benefit from the newly opened connection with the Oregon Short Line. By spring 1885 the company's financial situation was desperate. 4 Just as the OR&N position deteriorated, however, that of the Union Pacific, now under new management, began to improve. Page 3 Northern Pacific therefore decided not to delay any longer and in February 1885 offered to lease the OR&N for a guarantee of 5 percent dividends on the stock for three years and 6 percent thereafter. 6 They consequently demanded 6 percent for three years and 7 percent thereafter, and the talks again broke down.
The interested parties quickly put the lease terms together, based on a rental equivalent to 5 percent dividends on OR&N stock for three years and 6 percent thereafter, the cost being equally shared by the Northern Pacific and Union Pacific companies. 7 Nothing quickly materialized, however, for although a few Northern Pacific directors were ready to agree to a joint lease, others wanted exclusive control, and Wright and Harris remained determined to concentrate all efforts on the Cascade Branch.
Charles Mutschler of the Archives and Special Collections section of Eastern Washington University Library at Cheney, who searched out material otherwise Page xi difficult to find; Mr. Lawrence Shawver of Spokane, Washington, who generously provided information from his extensive collection of railroadiana; Mr. James Reiser of the Union Pacific Railroad Company Division Engineer's Office, Portland, Oregon, who cheerfully complied with my repeated requests for civil engineering data; my friend, the late Mr.