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About Willamette farmer. (Salem, Or.) 1869-1887 | View Entire Issue (Oct. 28, 1881)
VOL. XIII. What Mr. Villard Bays. On Saturday last Mr. Villard met tlio lead ing merchants of Portland, members of the Board of Trade and others, and in answer to inquiries made gave the following plain and comprehensive statement of his works and his intentions, touching upon matters of chief in- I terest relating to our commercial interests, and putting some very plain truths beforo his m hearers. Every word tf this is of such im- portance to producers, who support com merce, intkt we uauuub in justice tui wn ai, and so place it verbatim before our readers. The remarks of Capt. Gorringe especially ap ply with great force to the subject of wheat transportation, and will be read with much interest. Gentlewen of the Board of Trade: I need not say that it is very gratifying to me te meet the business men of Portland here to day. The Board of Trade was kind enough, on a former occasion, to express to mo in more formal manner, tho kind sentiments that obtain in this community toward me and toward the enterprises that I represent. Let me assure you that I fully reciprocato your good feeling. I always had a strong attach ment to your city. From tho time of my first visit to this day I havo always taken great pleasure in coming hero. I regret that I have never had sufficiont time as yet to become ac quainted with you all and to enjoy more tho beauties of your city. With your permission I will refer briefly to the history of what myself and the parties who have been associated with me for many years furthering transportation enterprises among you have so far accomplished. Many f you may remember the time of my first visit to Portland. It is a tittle over seven years ago. I could then make only a very brief stay. But what I saw then of tho re '"sources of this State first originated in me the eas as to its gradual material development, and these ideas I have had now an opportu nity to see as accomplished facts. You re member that at that time great discredit had been thrown upon the only transportation en terprise in the form of a railroad in existence jitCn this State, that is, the Oregon & California ".' Railroad Company, and, through that enter- prise, upon the State.at large by the financial ollapse of that company. That collapse was a creat misfortune for your State, I found all but insurmountable prejudices created against verything identified with Oregon in conse quence of this original failure of the Oregon k California Railroad Company. Still I would not permit myself to be absolutely discour aged. I continued my efforts as opportunity ' offered in Germany, and subsequently in the I Eastern States. I first succeeded in furnish- ing you with iron steamers in place of the m superannuated hulks that formed at that time the only means of communication be Htween you and tho outside world. Then I 5 eKiimrl tlm tv!inn fnr nvtpnrlinff nnn rtf tlin two railroads that 1 found in existence at that $timo in the State, and finally I formed the combination of tho old Oregon Steam Naviga tion Company and tho Oregon Steamship Company. This combination furnished the ltal basis for all we have been able to do for '7 tho State in starting new enterprises and ustnng tnem as rapiuiy as any enterprises 01 'a similar kind have ever been pushed toward completion. It was the success of the Oregon Railway & Navigation Company to which myself and my associates have been indebted for the frnition of every other effert we have since been making. But for the high credit that the large earnings of that company gave bs in the east, we should never hare been able to carry out the rest of my programme, which as I remarked, I conceived many years ago, and have now been enabled to.carry to its full consummation. t I do not know, really, whether you men of ' Portland understand what has already been done and what is sure to be done for you in the next few years. I was talking the other day with a merchant here and incidentally asked him whether he had any ikea how much railroad mileage was to-day tributary to the city of Portland. He said he had never given the subject much reflection. And he was utterly surprised when I told him that owing to this combination of transportation lines that I have been able to effect, there is to-day nearly 1,000 miles of standard-gauge ,. road, and nearly 150 miles of narrow-gauge road tributary to this city. This is but the beginning of what there will be in a short time. Within three year from to-day you will find yonrselve here in Portland the fo cus, the center, the very heart, so to tpeak, ' of a local system cf transportation lines, ag gregating fully 2,000 miles of standard-gauge road, Applause.) And not only that, but Portland will be the Pacific terminus of a system of railroad reaching from Chicago I ay Chicago and Lake Superior through MinneioU, Dakota, Montana, Waabingtou strtaTWKSIt3K2J33E Territory ami Oregon to the confines of your city, Applause. A system representing n total mileage of over 0,000 miles. Applause. 1 say this to you with tho utmost positive ncss, because I know we havo the capital to create these two systems, local and transcon tinental, and it is only a question of time and wise expenditure of money. Now, the ques tion has naturally suggested itself to me, dur ing my present stay, is this city of Portland prepared for what is before it ? Is it prepared for this enormous material development which is suro to follow the creation of these systems of railway,Iocal and transcontinental? And I say to you, with tho utmost fraukness, that I do not think that the city is as fully prepared as it ought to be. In tho first place, I find among you a certain petty spirit in in looking at the effect which the construction of this or that line may havo upon particular branches of business here upon the methods of doing business upon this Pacific Coast. I find a narrow-minded apprehension among sonic of you that it would bo better, at least in certain directions, to continue tho prestnt isolation of Portland. Now, I take tho high and broad ground, that any transportation line, whether directly connecting Portland with any other portion of tho country, or doing it merely indirectly, which will result in the development of the material resources of this State and the adjoining territory, cannotjbe anything but a great boon to you all. Some of you have told me that it would be better for Portland not to have a direct railroad connection with Puget Sound. Others have told me that it would hurt Portland to have a direct communication with San Fran cisco. Now, I say this is a very narrow view to take. You have here the accumulated experience, knowledge of the country, and capital gained during the thirty years of your existence as a town. You havo an enormous advantage over every other locality, on Puget Sound or anywhere else. And it seems to me that it would bo tho easiest thing in the world to maintain your commercial supremacy hereafter as you have main tained it hitherto, notwithstanding tho construction of any lino that may open access to other towns within the State or the ad joining territory. I havo been making some addresses at different Puget Sound towns. Perhaps yon have read somo of them. I took the ground in them that it was our duty as transportation companies in tho first place to seek all tho paying business we could find ; and, in tho second place each locality as far as practicable on the samo footing as regards trausportatien rates and facilities. As far as my ooservation has gone I caunot seo any rea son why any Portland merchant would ob ject to wheat being shipped from any port on Puget Sound instead of being shipped down the Columbia. If it is true, as it is claimed, that whe.it can be shipped cheaper from Pu get Sound than down the Columbia it is so much more money in the pocket of tho mer chant who ships it. Now, as I told the people of the Puget Sound towns they ore not pro pared to engage in tho wheat shipping business. They have no warehouse! ; neither have they storage facilities of any description; nor have they capital to move the wheat. You have all these advantages and you cau create them in the Puget Sound towns. I do not see why large shipping houses hero should not engage in tho wheat Bhippinr business by way Puget Sound. That would be the proper way of averting what I considor an imaginary danger to Portland but what somo of you consider a real one. Take possession of 'Puget Sound towns, or such of them as arc best adapted to shipping grain or other products of the country. Do your shipping at Puget Sound when it is dilli cult to gee tonnHge down the river, as at pres ent. There has been no discrimination hereto fore in favor of Portland as against Puget Sound, and I can assure you that none need be expected in the future. Wo must carry the products of the country out of the country. It is our interest as transportation companies to do so, and it is the greatest benefit that we can possibly confer upon this whole region, that we should facilitate in every possible way tho shipment of its products. If wheat cannot be taken down the Columbia, let it go to Puget Sound, thus keeping money in circu lation, and let those who (are entitled to the proceeds of their labor receive theinas quickly as possible. This is the ground I take. Ap plause. I am satisfied that it is within your power as shipping merchants to take posses sion of the grain trade at Puget Sound. And I feel sure that after we complete our railroad connections w ith the Sound, as we propose to during the next year by putting in the link between Portland and Kalama, and you see that grain can be carried from the Willamette valley and from the whole region east of the Mountains to I'i'get Sound without breaking bulk, you will avail yourself of the new facilities thus afforded. I do not see the dif ference between loading ships at Poitltnd and at Puget Sound as far as the particular ad vantages to the shipping houses are concerned. They can have warehouses there; they can collect their warfage there as we 1 as here. Our great object mutt be, at I stated, to open as many channels of transportation as we cau create, and to let commerce flow through ttieui as freely ai possible. You may be interested to know whst our' programme of operations is for the immediate future. Applause. I mean with reference to the construction of railroad lines, and cre ating terminal facilities here amongst you, and in rc'atraa to the other enterprises of which I spoke in my inUrviewwith your com mittee the other day. As alrradv meoth uej, we shall pat in the connecting link between :-f.'if .-,'. r- PORTLAND, OREGON, here and Puget Sound by having the lin from Portland to Kalama constructed, if pos sible, within tho "next twelie months. Surveys, as far as made, show that tho lino on the south bank of tho river is far preferable to that on tho north bank, and tho former line will, therefore be adopted. It is not settled whether it will enter the city directly or bo carried across tho river to East Portland, and then to a connection with the system of the Oregon Railway k Navigation Company, tho necessary survoys not having yet been fully completed. But you may take it for granted that you will have within twelve months from to-day an unbroken rail road line from Portland to Tacoma and to Seattle. We expect to put in an extension of tho Washington Territory branch from somo point south of Tacoma to Seatile. The Col umbia river will not bo bridged at present at Kalama, but transfer boats will be used there; and if we do not bridge tho Willam river hero immediately, tho wholo business can be transacted without breaking bulk by means ot transfer boat! carrying eutiro pas senger ami freight trains. Tho proposed Oregon Railway & Naviga tion Company's system of roads in Eastern Ore gon aud Washington Torritory wo cxpectalso to complete next year. Your newspapers havo kept you well postod as to tho extent and character of that system. Suffice it to say, therefore, that it will reach altogether a mileage of over 700 miles, of which about 230 in lies aro to-day in operation, and of which 1.00 miles moro will be in operation within three or four mouths the -last including the lino from The Dalles to your city, and the re mainder will be taken iu hand and carried through to completion next ryear. All the necessary purchases of rails, locomotives and rolling-stock generally, have been made. I will state in this connection that wo expect to load next year between fifty and sixty ships in New York and Philadelphia with railroad material for the Oregon Railway k Navigation Company aud the Northern Pacific Railroad Company. These slims may come here but they may also go to Tacoma. The Northern Pacific Railroad Company shipped a cargo on the ship Dakota to Tacoma at tho rate of 8- CO less per ton than tho rate the Oregon Railway k Navigation Company had to pay in sending railroad material to Portland. Whenitcomes to shipping 0,000, 00,000, 70,000 or 8Q.000 tons, of course snch a difference is a very essential item. And you would consider us very poor business managers if we did not avail ourselves of the difference by sending our ships to Tacoma in preference te sending them here. The Northern Pacific lines will bo pushed forward with the utmost energy during the coming year. The gap between the two ends, that is, between the Yellowstone valley and the Clark's fork of tho Columbia river, is to day reduced to less than 800 miles. We are very confident of being able to build 300 miles from this sido eastward, and about the same milcago from the other side westward during the coming year, so that there will be a gap of not much over 170 miles left. Applause. Whether we Bhall be able to still further re duce thii gap in the next year will depend up on the result of investigations now making in to the practicability of working at the two very large aud difficult tunnels, one through tho main Rocky mountain range, and ono through the so called Belt range, that wo shall have to overcome. If we can work at these tunnels from different points next year, we may do still better. But, at any rate, you can absolutely rely upon the entire completion of tho main line of the Northern Pacific in the courso of18S3. lApplausc As I havo al ready stated, in a inoro general way, the means to carry on all our enterprises are in hand. Tlis is especially true of the Northern Pacific. This company has guaranteed to it all tho capital it needs; that is, all tho capital required to build it as a main line to Aius worth, tho point of junction with tho system of the Oregon Railway and Navigation Com pany. Beforo dismissing this part of the subject, it might interest you to hear that tho Orei-on and California railroad will be extended event ually south to connect with the California and Oregon road. Everything is yet, however, in an unsettled coudit ion. We have located a line from Roseburg south to Canyonville, and contracts for the heavier part f the work will soon be given out. Surveys show that wo will have much difficulty in getting over the Cow creek hills, south of Canyonville, but the road will be built as .soon as money aud men can accomplish it. The engineer in charge of the line southward has gone to meet the engineer in charge of the line northward from Califor nia. They will have a conference aud decide on a permanent route. I suppose that I am right in assuming that you are all familiar with the contcit that as waged last Winter between the interests rep resented by me and those represented by the then management of the Northern Pacific lor the control of that company. I think I am fully justified in saying that the loug, weary and daiigeroux battle that I then fought I have fought for your benefit as' much as that ol the companies 1 represent. Applause. Thero was a determined eflort resolved upon by the former management of the Northern Pacific to disregard the Columbia river, to disregard the great commerce of this city, ind to make di rect for Puget Sound, in pursuit of the old unsuccessful policy of building up a city there, rival to Portland. I have never for a moment believed that such a pirn woul I be practicable. I do not believe tnat any effort to kill Portland, to to speak, and build up a rival city on Puget Souud cau ever succeed. Applause. I mean that I'orhud will alwavs .remain the commercial emporium of the uuurhi. mere may, nuwysver, otuer IOWU spring up and grow to considerable impor tance. But )ou have such a gr at nart, tak ing into account ynur geographical posit ou and secured advantages that, a 1 stated, you are bcund to be the centre, the focus, of an immense railroad system What has already ben accomplished tan never be undone by any human power. Applause. It is the old i J '( a ;,t -,v. .v. FRIDAY, OCTOBER fto'y'of building up some place along the: At lantic coast to compete with Now York City ; or some port on the New England coast as n rival to the city of Boston. And, where there is such a concentration of intelligence, enter prise and capital, nnd such an accumulation of established commercial interests as there are hcic to-day, there is bound to bo, logical ly, a concentration of transportation inter ests, and tho two, strengthening each other's position, are bound to obtain a foundation that cannot bo shaken, as I said, by any hu man power. In saying that tho battle I fought lost Winter was fought largely for your inter est, I do not claim of yon any thanks for my ellbrt. Of course, our main motives were to our investments iu tho Oregon Railway and Navigation Company to protect and make them moro lucrative. At the same time, what we did last Winter and what we aro doing now, bring to your doors the great business that will be created by tho railroad systems that I describe, and this at an expense of tens of millions of dollars without tho cost of a sin gle penny to you. Iu this respect you aro moro favored than almost any other American cities, all of which had to make great pe cuniary sacrifices to secure such transporta tion business as you will secure without any sacrifices. All this that has been done for you, nnd is being done for you, entitles mo, at least, to call your attention to certain things that you ought to do m our interest aa well as in your own. Aud here I como to ono of tho points that Mayor Thompson was good enough to suggest to me; namely, tho question of the river improvements. I am not very thorough ly posted on tho requirements in that respect. 1 do not preteud to havo a decided judgment as to what should be done, but I shall bo glad for whatever ellbrt may be made. I am assur ed from .nil quarters that the work which ought to bo done can be accomplished at com paratively small expense. I say, therefore, let it be done. And I can assure yon of the readi ness of myself personally and f all tho com panies that I represent to do all in our power to help any effort that may be instituted by you as a-hpird of trade, or as business men of iortr&iaClici'alh- Wo shall utTord you every kind of'asaistance, and I shall go so far as to say that wo shall help you with money, if necessary, x wuuiu suggest, ii yuu win per mit me, that your boaru appoint a committee from nmong tne mcmbcrB most laminar witn the subject to co-operate with tho officials ot our companies in devising some practical plan that can be cairied into early execution. I have asked our friend, Captain Gorringe, to attend this couferenco for tho purpose of giv ing you the benefit of the investigations he has mado into the subject. As I see he is pres ent, he will, perhaps, favor us with his views. There aro two additional points upon which I promised to give you some information. In tho first place, in regard to the terminal facil ities we propose to create in tho city ; and, in the second place, concerning the other indus trial enterprises we havo under contemplation. We have a very different problem to deal with, that is, of uniting, if practicablo, tho lines of three different companies, coming from three different directions, at one terminus. Wo have not como to any absolutely defiuito conclusions as yet, but I feel quito sure that wo shall continuo to improve tho property in South Portland and eventually make it our terminal passenger and height station. Whether we make it there or anywhere else (please bear in mind that I do not w ish to con ey the idea that there is any intention of placing it anywhero else,) there aro certain questions to bo considered, as, for instance, the location of the bridge over which all these companies will havo to run their trains. That miufitfcct our plans. But no matter where tf' termiual passenger and freight station may be erected, wo propose to make it an or nament to j our city and an ornament to tho wholo country, regardless of cost. Applause. We propose to build not only for present use, but lor tho use of coming generations. Ap plause. We shall erect ornamental structures on a permanent plan ; that is, structures that arc not likely to bo superseded for many years to come, and structures iu harmony with the most approved artistic taste. It will take con siderable time to carry out our plans iu this respect. It may take years; but you will see thj work going on under your own eyes, ami, therefore, you will know that it is to be done. Now, as regards the other enterprises that we have under contemplation, I mentioned to the committee of tho board of trade who waited upon mo on our arrival, that we thought ot erecting a dry dock here and of es tablishing largo iron works. I am happy to say that the erectiou of a dry dock is decided upon. Applause. I have looked into the in X-fr, ami I think in our own interest as ow-iicM of so many steamships on this coast, it will be an advantageous investment. Wu do not expect at first to get much business from the eeueral sailing trade, but it will como in due course of time. We think by having a dry dock here we can save to ourselves the exorbitant cuaigvs no are uuugeu to pay in San Prancisco. ilio lion works 1 leel suro will be established. Applause. The details of the project are not yot fully matured. But it stand to reason that with the enormous transportation interests that we are develop ing here, we need our own facilities in this couutry for rolling rails, for manufacturing every kind of iron that we may require as railroad, steamship and steamboat companies. Wo must have facilities in addition to build can, and also locomotives in duo courso of time, lu outer words, witu a viow to ccou ninv. we must render ourselves aa indetxed ent as uosiible of Eastern manufacture. And ue mean to do so as early as practicable. Of count, the establishment of iron works, such as wo contemplate, will be a great benefit to your city. It will bring a large additional la boring population here I hope of the yery best kind applause. Aud I hope the estab liihment of these industrial enterprises will be but the beginning of the establulnnest of others, KtMiKKH Or CAPTAIN II. II, OOKBIXUIE. There are six bais in the river between here 28, 1881. Astoria, which need to bo deepened. It is oasy to compute how many cubic yards of earth must bo removed to givo the same depth over tho river bars that there is over tho sea bar at tho mouth of tho Columbia. The cost of re moving the requisite amount to scctiro n chan nel 100 feet wide aud 2." feet in depth is also easily arrived at. I estimate tho amount to bo removed annually at less than 100,000 cubic yards; nnd to do this work effectively, I think an immediate expenditure ot b-UU,UUU lor dredgers and an annual expenditure of $50,000 is a liberal estimate. It is only for four months of the year that it would bo necessary to maintain tho requisite depth in tho river chauuels by artificial means. Iu order to do this, I think that two dredgers would bo needed; and I havo estimated for two of ordi nary capacity, or ono powerful sea dredger, capablo of being used on tho sea bar in ordi nary woither. I do not bclievo in contracting river channels in order to deepen them by tho scouring of tho current. This system has been tried repeatedly, ami has always failed in tho end to attain the results aimed at. Every river brings down a certain amount of silt aud deposits it somewhere If you prevent tho deposit by artificial means where natural con ditions iuvito it, tho silt will accumulate else where, generally where it is not so easily dis posed of, and thus mako matters worse. Tho inevitable resuls is tho demand for more con traction of tho natural water way at an ulti- mato cost out of nil proportion to tho results, and generally with disastrous consequences. Many European rivers havo been so contract ed, and we read of destructive floods recurring at frequent intervals. These floods never oc cur in rivers that have not had the natural water ways artificially contracted. Notable instances of tho failure of this system are the mouths of tho Rhono nnd the Mississippi. After spending many millions in constructing jetties to confine tho current to a narrow channel and cause it to scour out tne bar at tho mouth of the Rhone, the French govern ment abandoned the svstom nnd cut a ship canal from the gulf of Foz to the river above the mouth. As near as I can remember the mouth nf tho' river was artificiallv nrolonced seaward nearly three miles, but the bar kept lormillg just uutmuu Ul tue jetbius, uuu n-iuiiii a few months after each prolongation there was another bar as bad as tlio last. A similar process is going on at the mouth of tho Mississippi, where tho Eads' jetties have beep bunt. II these are not prolonged, or tlio channel dredged, tho dentil of water will very soon be just what it was beforo the jetties were constructed, mo Mediterranean entrance of tho Suez canal is an illustration of what can bo done with soa dredgers. Tho silt brought down by tho Nilo and swopt eastward by the coast cuirent i-J arrested by tho break water at Pert Said and deposited in tho en tranco to the canal, which would be closed to large vessels iu six months but for continuous dredging operations. Tho capacity of theso dredgers is three hundred tons n day, and I have seen them working whilo tho sea was very rough, and frequently breakiug all around them. Ono of these dredgers on tho Columbia bar would maintain a channel thitty feet in depth, and if Frenchmen can mako them and use them I am sure Americans can. There aro many other dredgers designed ex pressly for work in the open ten, nndcnpab'u of making a voyago around the world. Thu question is not cau a suitable dredger be had to work on tho Columbia bar iu moderate weither, but is it better to deepen tho bar by dredging or by contracting tho channel? Con tracting a channel to deepen a bar assumes that tho difficulty to be overcome will adapt itself to your convenience. Providing, ade quate dredger power for any emergency means that you propose to pursue tho difficulty to wherever it develops. Another ciucstiou for you to consider is which is tho cheapest, to pay freight on your products to Puget Sound for shipment, or maintain dredging operations in the Columbia river, so that the 'shipment may bo made at Portland? It does not require much investi gation to convince any ono that you can but ter afford to build aud maintain twenty dredg ers, than to lose the advantages of ilimt ship mi'iitx. Shipping points, where merchandise is transferred from land to sea and the reverse, are. selected for the convenience of tho pro- ducer, not tho carrier. Four fifths of tho most important shipping points of tho world are notoriously inconvenient and dangerous of access for ships, lhuy have been artillcialiy created and improved at enormous cost by the merchants, and others who profit by tho exchange, not from philanthropic motives or iu a sentimental spirit, but for their own con venience or advantage. Tho majority of har bor improvement in the world have been ef fected by private enterprise, ami many that have been carried on by governments, have been unnecessary for commerce. My advice to you is i don't wait for the govern ment to deepen the river channels. You havo had some experience in what that mcam. You hvae been waiting all this summer and tho bars have never been ai bad as they aro now. Tho government is not as much inter cuted in tho subject as you are, and it would bo unreasonable to 'expect it to be. Capt. Gorringe then, at Mr. Villarda re quest, (Made the following statement : Mr Villard called my attention several months ago to thu largo surplus of grain that was acnmulating on tho Pacific! oja t, owing to the inadequate facilities for moving It to European markets, and suggested to mo to devise some method of getting it to Europe at a cost within the ditlereuce of price be tween Purtland and Liverpool. This illllcr- ence may be safely estimated at $ Per ton, out of which must come the profit ol dealers, insurance and all other clurges besides freight. Grain has hitherto been shipped to Ejnpe by sailing vessels that average U0 iUv cm til. vovaL'o. and bv way of Sau Fran cisco. After estimating I ho cost of running two lines of steamers, oua on the Atlantic and one on the Pacific, aud tho cost of trans .hlnmeut at the isthmus, we offered the Pun ami railway f)2 CO per too for the use of their NO. 37. road and motive power for the transporting of tho wheat overtho isthmus. All transporting expenses from ship to cars nnd from cars to ship to bo borne bv us. No arrangement could bo effected with them on any basis. I then estimated tho cost of moving the grain by steamer via Magellan strait. uuU I bclievo it cau bo done at a profit if very largj steam ers aro constructed expressly for tho trade. The ratio of operating expenses of steamers ia in nivcrsu prunortum. to uieir carrying capao ity. That is it costs less to carry 5000 tons in ono steamer than in two. No marine arch itect can construct an ocean steamer for such a voyago to carry (5000 tons of wheat and 1200 tons ui coai ami uraw ouiy uiicen lect, whicu is tho depth of tho channel at present over two of the river bars. And the first thine to posure of is that tho channels will be deepen ed to twenty feet. At this dratt or less the steamers T have dn. signod can carry enough to movo tho wheat with profit at lower rates than you aro now p&yi.ig sailing ships. I promise to run ten steamers, making twcnty.fivo voyages, and movo 123,000 tons of wheat in a year. Tho outward freights will amount to very little aud emigrants must bo relied upon to pay the expenses of tho outward voyago. Tho rail way nnd land companies in Oregon would com bine with the steamship companies to estab lish emigrant agenciosin Europe, disseminate information and secure tho requisite number; and, as an inducement to families, tho steam shin comnauv would hriiiL'All hmtmlinlil imnit. and cHeots frco of charge. Tuo rate for each adult would be fixed nt $S0, which is about halt what it costs an emigrant to get to Ore gon from Europe over existing mutes. in answer to a iiucstion couecrnim; fuel for the steamers, proposed by ono of tho gentlo men present, Capt Gorringe said ho had do. signed a steamer to carry oOOO tons of wneat and 1500 tons of coal. She would load at Liverpool, deposit half in the staits of Magel lan and have tho bunkers full when she ar rives in Portland. On her return voyage sho would take coal in Mngcllcu straits aud, if iwoeeeary, touoh nt Bt. Vlncohfa, where coal is nearly as chuep as in Liverpool. In answer to another inquiry as to tho rate of freight ho ruled on getting, Capt. Gorringe said sixty shillings per ton, although tho average rato up to date from Portland to Eu rope lias been about seventy-three shillings, by sailing ships, In answer to tho question, What would bo dono with tho wheat? Capt Oorringo said that was the business of tho shipper, llo was only looking to moveing it. Ho was as sured of full cargoes bv tho fact that tlio surplus shippod and awaiting shipment this year exceeds 1)00,000 tons, and that tlio con, tiuental demand is incrrusinir. An aircnt of tho Credit Foncicr had assured him that ovcry pound of wheat Lrouoht to Finnoo would command ready salo at market rates. MIt. VII.I.-UtD AIrilOVES(.'Al'T. COUICI.NIIk'm l'HO- JKCT. At the close of Capt. Gorriugo's remarks Mr. Villard said ; Respecting tlio proposed lino of steamships, I havo declared to the parties with whom negotiations are pending the readiness of our companies to guarantee ! percent, interest on tho capital to be invest e 1, Of courre, wo can well afford to do this. I wo can secure an expeditious shipment of wheat hence to Liirnpcan ports, it will greatly facilitate our handling tho mass of wheat that rushes upon us at such short notice, and so voluminously that wo cannot possibly handle it now. Of courso tho cuibarassmoiits will be greater hereafter. i:lUM'.l AT KIM. The Ili'lllsli Slilp .larnllmc Inlou Humeri AH lliimln Hmed. Tho bark Emma T, Ciowcll arrived at As toria on Monday, having on boaid Capt. John Etliott and the officers and crow of the British ship Maratime Union, 1,500 ton, which was burned at sea. The following particular in regard to the disaster were furnished tho As torlan by tho captain: Wo nailed from Hull on the Kith of last May with a cargo of gas coal for San Fran cisco. My ship wa4 a wooden one, aud wo had a full hold. Had fair weather till wu got around the capo. In latitude 20'' north, 1 be gan to notice a smell of gas snd discovered smoko coming up through thu ventilators. It was very hot and tho runikc and smell in creased until it was almost unbearable. In 20 CO' north wo sighted tho American bark Kinma Crowd! and hoisted our ensign, union down. She hove to, ami put off a boat with Captain Perry aboard. By this time the smoke, sulphur and flamo was bursting up through the deck aud after a brief consulta tion with tho officer and crew wo deemed it host to leave the vessel, ns the fire was gain ing headway every moment. Wu put a few supplies into our b)at and tho wholo crew, 23 in number, including myself, went on bond the Emma Crowell. Wo hail no moro than got on board Cantiin Perry' vessel than my ship burst into flames and burned like a me teor while we were in siejit. The ill.fa'cd ves'el wai owned by Nevius Walsh, of Liverpool. Shu was consigned to ltd.icr k Meyer, Sau Francisco. Captain Elliott nnd part of his crew arrived in this city yesterday. Ho will go overland to Now York and take shipping for home. ltnunifity. On Monday night tho clothing establishment of L. Haines, on Commercial street, Salem, wu entered by burglsrs, aud about $300 worth of cloths and clothing taken, The burglar effected an entrance to the store through a back window. Tim efficient night watchmen will have ti keep a elosn look out for these uiht rover, ay the Sluluman, and take some of them 'no out of the c-'hl,," and nl ice tliein where thrv will be fed and clothed at the uijmuu of the cooiaty or BtaU i (or awhile.