Evening star., 1869-04-10

that It will reach the public by authority OF
the Sep ate.
SETTLEMENT OF THE PACIFIC RATLRoAr
DIFPICULTY.-It seemed almost inevitable
that Congress would ad iourn without effsctins 9
any solution Of the Pacific railroad imbrogiIo
but compromise happily accomplished be-
tween the two companies resulted in thepassaes
Of the following joint resolution, which, it will
be seen, settles the d ,ficultes bet ween them on
equitable and satisfactory terms. Thus ths
two companies will 20 on building the road
until they meet; the Central Pacific Company
paying the Union Pacific Company tor the
track laid beyond Ogden.
BY this arrangement there will be no delay
while the Central Pacific Company build one
hundred and fifty miles in this direction to
Ogden, the Union Pacific Company stand
ing still in the meantime, but each road viii,
push on In friendly emulation to the end of
makn the grand connec ion IN the shortes,
space of time.
1t seems probable that by this mutually ad.
vantageoIs arrangement the great 1ork soiH b.
completed by the first ,ceek in Nay This is a
cDnsummation SO devoutly to be wished that
the country generally will be rejoiced that Con.
gress by Its action has made 1t possible The
following Is the resolution in full:
JOINT RESOLUTION for the protection of the
interests OF the United States in the Union
Pacific Railroad Company, the Central Pa
eific Railroad Company, and for other pur-
poses.
BE IL resoired by the Senate and House of Repre.
sentatires Of the United States Of america ia Goa
gress assembled, That the stockholders Of the
10 be held on the 22d day OF April, 1869, at the
city Of Boston, with power to adjourn from
day to day0 shall cleo a board of directors for
the ensuing year; and said stockholders are
" izoA f0 tah
off1ce at such place in the United States as they
may select at said meeting. Prouided, That Tn =
passage Of this resolution shall not confer any
other right upon said Union Pacific Rail
road Company than to hold suca
election, or be held in any manner 10
Ielinquish or waive any rights of the Uni,e1
OF said Union Pacific Railroad Company here
tofore done or omitted, whereby the rights of
the general government have Deen or may b
preJudiced ANd provided further. That the com
mon terminus OF the Union Pacific and the
Central Pacific Railroads shall be at or near
Ogden, and the Union Pae ific Railroad Com
pany shall build, and the Central Pacific Ratl
road Company pay for and swn the railroad
from the terminus aforesaid to Promontory
Summit, at which point the rails shall meel
ana connect, and torn one continuous line.
Sec'lon And be 1t further resoired, That TO
ascertain the condition Of the Union Pa
cific Railroad and the Central Pacific Rail.
road, the President Of the United states l.
authorized to appoint board of eminent ciu-
zene, not exceeding five in number, and who
shall not be interested in either road to examine
and report upon the condition of. and what
sum or sums, II any, will be req uired to com.
pleie each Of said roads for the entire length
thereof TO the said terminus as a frst.cl as
railroad, IN compliance with the several acts
relating to said roads; and the expense Of such
board, including an allowance of ten dollars to
each, for their services, for each day employed
IN such examination or report, to be paid
eq ually BY saia companies.
section 3. And 6e further resolrei That the
IS hAR0 0hv
withhold from each of said compaaies au
amount OF subsidy bonds, authorized to b.
issued by the United States under said acts,
sufficient TO secure the full completion as a
hrst-class road OF all sections of such road upon
which bonds have already been issued, or in
lieu OF such bonds he may receive as such se-
curity An equal amount Of the first mortgage
bonds OF such company. And II 1t shall appear
to the President that the amount OF suo. idy
bonds yet to be issued TO either of said compa-
MES Is insufficient to insure the full completion
such company for sufficient amount Of bonds
3lready issued to SAID company, or. in his
discretion, of their first mortg age bonds, to se-
cure the full completion of the same. and In
Default Of obtaining such security as in this
section provided, the President may authoriZ=
and direct the Attorney General to institute
such suits and proceedings in behalf and in the
name OF the United States. in any court of the
United States having jurisdiction. as shall te
necessary or proper 10 compel the giving OF
such security: and thereby, or In any manner
otherwise TO protect the interests Of the United
states in said road, and 70 insure the full CON-
pletion thereof as first class road, as required
BY law and the statutes in that case made.
Section =. And be IL further resolred, That tae
he is hereby, authorized and directed to inyss.
tigate whether or not the charter and all the
franchises OF the Union Pacific Railroad Com.
pany' and OF the Central Pacific Railroad Com.
all necessary and proper legal proceedings;
also, TO investigate whether or not said compa.
MES have or have not made any illegal diyi.
dends upon their stock; and # so, to institute
the necessary proceedings to have the same re-
imbursed; and also to investigate whether auy
OF the directors, or any other agents or en-
p!oyees OF said companies have or have not
violated any penal law; and II so, to in stitnts
the proper criminal proceedings against ali
persons who have violated such laws.
THs PrHsIpRNr to-day signed the following
bills and resolutions while at the Capitol:
A resolution respecting the retirement OF
Brevet Major General S. p. Heintzslman.
A resolution tor the protection Of soldiers and
ther heirs.
A resolution extending the time for the com.
pletion Of the Portage Lake and Lake Superior
A resolution making San Diego, California.
PG1, ,ci Of a. as,ysryt aNCd N. tim. ,or N.
and Fort Smith Railroad Company to complete
the first section of twenty mi.es Of said ROAD.
An act to amend an act entitled an act grant.
ing lands to aid In the c1nstruction OF q raiI.
road and telegraph line from the Central Pa.
cific Railroad, in California. to Portland, IN
Oregon, approved July 25th, 1856.
A resolution enabling bona tide settlers TO
purchase certain lands acQ uired from from tha
Great and LATHE Usage trioe Of Indians
An act to establish certain post roads
An act to declare and nx the status OF judge
Advocates In the Army.
An oct authorizing the submission of the
Copstitutions of Virginia. Mississippi and
Texas 70 q vote Of the people, and authorizing
said Constitutions and members Of Congress-
A joint resolution for the protection of the
interests Of the United Ststes In the Union Pa
esnc Railroad COMPANY. the Central Pacific
An act to amend IN act entitled an act i'm
posing taxes on distilled liquors and tobacco.
snd for other purposes, approved July ~,