The Boomtown Myth of 1889

The year just ended has been one of extraordinary progress for Washington Territory. Every material interest has felt the impulse of 'good times,' and in each there has been a notable advance. The basis of this progressive movement has been the coming of new population and new capital which have poured in upon us in unprecedented volume. Within the year our population has increased fully one-third, while the addition to our active capital has not been less than $60,000,000. Under this stimulating influence, property valuations are advancing and prosperity is the universal fact. It is not winter sunshine nor any other phantom, but solid resources of agriculture, timber, iron, coal, business already fixed, commerce already great, industry expanding, and civilization established that makes the attraction of Washington Territory. As the chief city and commercial depot of the territory, Seattle has made wonderful strides during the year. Now, as heretofore, the chief boast of Seattle is her independence and self-helpful and self-defensive spirit. She gets no favors from the corporations, nor wants any. Even justice is all we demand. She has grown in the face of a piratical railroad discrimination; she stands today prosperous and expanding in the face of this discrimination; and she will continue to prosper whether it shall please the Northern Pacific railroad or not.