The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-07

were easier, and engagements in bulk and bags were
made at Cd. a I'd. Rates for cotton and -four were
about the same.
The M0nster SWindle OF the Age-rhe Great
Pacific Railroad Plot.
In another part of this paper we publish
letter from Washington on the great Pacific Rail
road conspiracy, and We also give in fall the
bill which has been framed to carry their nagni-
fcent plot Of spoliation aud pluader into execu-
ion. To this conspiracy and this unparalleled
scheme of corruption We Invite the especial at
tention of our readers and particularly the at
tentioH of the honest, uncommitted members of
both houses of Congress-few though they may
be.
In the first place, it may appear little singu-
lar hat this BILL concoeted at the last session OF
Congress, has never heretofore been brought to
light. But the reason is simple enough. The
swindle is so transparent and so enormous that
the policy of the conspirators has been to keep it
in the dark Our readers will remember that
during the last Congress there were several Pac-
fc Railroad projects introduced in both houses
bat that all attempts to pass this or that project
failed from the fact that each separate company
was regarded as rival and an enemy by all the
others Such was the condition of things at the
beginning of the last session but in due time
the brilliant idea of comprehensive logroling
joint stock combination was hit upon, and the re-
suit was the bill which we print today.
Having thus perfected their holy alliance, the
next object with the contractors was to keep
this bill under lock and key until toe
suspicious moment should arrive for
calling it up, and taen to slip 1t through
the two houses with rush. To this end of secre-
sy, the initiation OF the bill was not - be trusted
to the special Pacific Railroad Committee of
Mr. Denver, of California: and We thus ind it as
the hopeful offspring of the Hon. Mr.. Bennett, of
New York, Chairman Of the Committee OF Public
Lands Our namesake has already acquired
some celebrity for his various wholesale schemes
for squandeFing away the public domain but
this project, among al its predecessors, stands
like CULVER among the pigmies, or like pro-
digious ship OF the line among a cluster of little
gunboats. The bin being introduced, the ordi-
nary motion would be its reference to the Con
m.ttee OF the Whole on the State OF the Union,
and that the bill be printed To avoid this print
ing, it was moved to recommit the bill 10 the
committee reporting it; a1d mus far Toe im2or-
tant object OF keeping it from the public eye
was very adrotly secured.
Cur correspondent next informs US that every
thug has nov been arranged by the conspicators
or springiDg their mine on Tuesday next. The
bin is suddenly to be called up, and under the
ressure OF the previous question is TO be rushed
through ;be House. This being done, the job will
be regarded as perfectly safe, it being understood
bat there i decided majority OF the Senate in
favor of the road without being particularly
fastdous as to the enormous amount of
the plunder or the gigantic efrrontery of
this or that scheme jor building the road. In
this view Of the subject, We take particular
pleasure in the public duty Of exposing this infa-
nous conspiracy and The parties concerned, by
Washington correspondent, and in The disclosure
Of such additional facts aud explanations as will
give the honest and unbought members of both
houses q birdseye view Of more prodigious
and sweeping scheme Tor the public pluuder than
any ever concocted by spectators spoilsmen aud
stockholders in any age of the world. The sale
of the Roman empire to Didius was a compare.
lively modest cash transaction of some ten or
twelve millions of dollars but this Pacific Rail-
road scheme covers the astounding conhscation Of
some two hundred millions Of acres OF the public
lands, and five millions annually in cash from the
Treasury for government transportation.
From an examination OF this BILL we find the
following roads aud their managers log rolled
into this grand joint stock and expanded South
Sea swindle:-