The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-11
THE KANSAS PACIFIC RAILROAD.

More Aid yantcd-Nyhat For 1.-THE Amount
Already Rrceived-A Poor Mouth for Com
.Rress-Earninss Of the Kansas Pacific for
May-Senator Cusser!y's speech.
WASHINGTON, July 0, 1870.
And old friends, the managers Of the
Kansas Pacific Railroad Company formerly the
Union Pacific, Eastern Division Leavenworth,
Pawnee and Western, again before Congress
asking aid. This time, they ask according to
Senator Edmunds an additional gift Of more Than
2oo0o0o0 acres Of land worth at least s7o,ooO0 600
cash. Tney also ask 'lbat the said Kansas Pacific
Railway Company may Increase its capital stock and
mortgage ITS road aud franchises to It's bonds
to an amount and for sums sufficient to obtain the
money to construct the road herein provided for.n
In other words, these very modest gentlemen ask
in addition to what they have already received dur
ing the past six years, tree gift OF over twenty mil
lion Of land ana congressional authority in
crease e., water their capital stock and Issue
more bonds authorized by the United States.n
The road is In no sense "a national one Its charter
granted by the Kansas Territorial Legislature in
1855. The company has nevertheless already re-
ceved from the national government a free gift OF
r. 800 acres OF land per mile along the line OF It's
road estimated at 5000 600 in Oil and worth
fully three dollars per acre or $24 100000 altogether
Besides this magnificent gift the company has
ceived from the Secretary OF the Treasury $685. 900
IN bonus, anu Tue privilege Ol " ueu lot slluIdr
amount, the prior TO that Of the United
States. The last monthly statement OF the public
debt shows that $780, 543 81 has been paid from the
national Treasury on account Of interest DO nds
granted the Kansas Pacific Railroad Company, aud
not cent OF IL has been refunded.
Under act approved March 3 1869, Congress gave
this highly favored corporation further authority to
mortgage its road and issue bonds to the amount OF
S32, 900 per mite. The lowest estimate can make
OF the total direct and Indirect grants to adn the
construction Of this G6S miles OF road is sac Oo0o
al "a
computed, as 1t IL not 1nlshed but apprehend it
Will be found many million dollars less than the d.
rect and indirect aid'' granted.
We have seen altogether too much OF this sort or
ald'' Of late The practice Of granting 1t was SO
admirably criticised by Senator Cassery, in his
speech OF April 81, that venture TO reproduce the
following extractS-
What necessary to build road complete, to equip
WHAT Is called or Il lbs way efficient III
toward the resut Is qs another hing II is perver-
and citizens Or Tor Congress to admi. by
snds Of rroad Company ali ha Required to com
ete The road in f.. road bed In front In ssssa ss hts
as s TS, s ST T he a l.
isa paralysis OF all individual energy Ills .ains or the
sa a s q r.: mod S' Of s 20
Is mpsa worse Under the pGs, heretofore 2; sna SD.
corporation Congress- only failed pursue
pSc but 4. has a ba the wGrs pSey pos
sscsrtsnng nearly might be the probable cost OF build
with libeay munldcence, bat always that the
private should DO motion
should furnish It's full part while government should supply
the rest should always have insisted the obvious pro-
vision that Ut least OF the aid should be
than required In the place. Congress should
have restricted It's grant 10 the which
asked H. IL should have ascertaiped whether
the ey,snsiye railroad Interests OF the .E iere efa no;
othet comp eaies o' aple aud wiling 20 build the
road better terms for the country.
WHAT Foh
The additional aid now asked Tor by the Kansas
Pacific il for the purpose or baidng branch south
west, TO connect with tue Southern Texas Pacific,
the thirty parallel AS well might Fisk,
Jr, ask Congress for sG0000,00o to extend the Erie
road further west
NO MORE AID NEEDED.
have shown how much the Kansas Pacific has al
ready received IRON Congress- tappears to be getting
along pretty fair. In the Manhattan, Kansas, stand
ara the leading paper OF the State Of the "a instant,
fad the following
The earnings OF tie Pacific for the month of Nav,
1870, 1iIl3 an Increase OF Sll95A over the same
June 1890 Sl,23S,s, increase of $3.50 ,s63
the same time In 1863.
A Lawrence (Kan5as paper Of May IL says
Tho arrivals this place by the Kansas Pacific about
200 daily this rate will not be long before Kansas pra
r6s Will blossom and bloom.
Though the company managers are putting on o
'poor mouth" here III Congress and making most
pteous appeals for "more aidp nearly all the local
papers in their State testify TO their unbounded
wealth and prosperity.
Their bill had better Ego under the rule" until
next winter, when we can see how they get along
without ''more aid.r There must BE- stopping
place somewhere and there 10 none Ike the present.