Seattle can have no rival on the Pacific Coast except San Francisco, which has the only good harbor and entrance outside of Puget Sound, but which has no coal, nor iron, nor timber, and whose back-country does not equal the Snoqualmie valley of East Washington for agricultural and mineral capabilities.

THE TERMINAL PROPERTY OF THE SEATTLE, LAKE SHORE AND EASTERN RAILROAD.

Unrivalled terminal property.The city and suburban property which the railroad has secured is singularly valuable, and will afford every facility for city and foreign business. It is correctly described in the documents of the company. No future road can acquire such facilities. They approach a monopoly of great value.

SUBURBAN INTERESTS.

But two entrances by land.There can be practically but two railroad entrances to Seattle, one from the south, and the other from the north, owing to the bluff ground on which the city is built, with Puget Sound in front and Lake Washington in the rear. The roads from the existing coal mines and from the Northern Pacific enter from the south; the Lake Shore road enters from the north. Suburban improvements will no doubt be extended both north and south. But it seemed to me that for residences and amusements the northern end has the advantage,Superiority of the northern suburbs. as the high lands are more convenient to the railroad, and command fine views of those beautiful lakes on the east, and of the Sound on the west. Here will be the pleasant drives, the place for sailing, rowing and swimming; for open-air games, picnics, etc. On the east side of Lake Washington will be vegetable and fruit gardens and dairies, whose products will reach the city by this railroad; to all of which have been added the powerful influence of the Moss Bay operations.

The logging business begins in sight of the city, and a number of logging camps were already in operation along the first twenty miles of the railroad. After the loggers, follow the farmers. Already a surprising number of people have established homes in this direction.

Factories of the future.Near the Sound and a little distance from the city will be great saw-mills, grain elevators, canneries, and, in time, fish-oil and fertilizer mills, tanneries, smelting furnaces, sulphuric acid and other chemical works. And here will be the ship canalShip canal. connecting the lakes with the Sound, and the shipyards of the future.