New-York tribune., 1873-03-01
THE CREDIT MoBILIER PLUMBER.

IHE CREDlI IEDNDIlh"
THE WILSON COMMITTEES BILL To BRING SUIT
IN EQUITY-IT is INSERTED IN THE LESfs-
LATIvE APPROPRIATION BILL.
lBY TELEGRAPH TO THE TRIBuSBl
WASHINGTON, Feb. 2S.-Early III the session
in the House. to-day, on motion OF Mr. Blair OF Michigan,
the rales were suspended to make the bill OF the
Wilson Special Committee for the recovery OF the Credit
Mobier plunder in order as an amendmentto the Lees
latiye, Executive and Judicial Appropriation bill. Mr.
Wilson offered the amendment during the evening ses
son The pending question the substitute offered
by the Appropriations Committee 70 the Senate amend
ment Withholding Of the earnings for Govern
ent transportation due the Pacific Railroad Companies,
and Mr.. Wilson moved TO add the Committees bin.
The Senate amendment known as the Edmunds propo-
sion directs the Secretary OF the Treasury 10 withhold
all payments due to the Pacific Railroad Companies by
account OF freight or transportation
and apply the to the interest paid on the bonds
also to withhold per cent the net proceeds and is
gives the companies the ght bring suit against the
Government in the Court Of Claims, and have the law
and the facts Of the determined The substitute
proposed by the Committee ON Appropriations for the
Senate amendment is the IN effect except that 10
makes mention OF the per cent on the net pro-
ceeds OF the companies, which il 10 be paid
to the Government after the completion Of the roads.
The technical completion of the roads ia disputed
point and the attorneys the part OF the Government
!hodght it advisable not to be embarrassed by any a-
sion to it. The question further complicated with
the amendment offered by Mr. Wllson The Dill offered
by him directs the Attorney General to bring suit in
equity against the Union Pacific Railroad Company, and
against all persons who have subscribed for sr received
capital gtock of the Company not paid for in iu! in
money or who have received it as dividends or profits
on contracts.
A. In other words, the suits intended 10 make the
managers of the Credit Mober dsgorge their puDder
The discussion these questions rambling noisy,
and uuintelligible Two of the California members,
Messrs Sargent and COghan, made fight against all
the propositions, but the resistance was useless. The
House was ready vote thing that looked 10 putting
curb the railroad companies. Messrs
Wilson, Hoar, and Shellabarger made brief hut
pointed arguments in support OF the Wilson
proposition, and Messrs. Garfield and Hale
did the for the substitute reported from the Com
mttee on Appropriations. Messrs. Kerr, Cox, and Hol
man took hand in the discussion, and supported tho
amendments general principles as being hostile to
great railroad corporations AT the end OF the dispute
and when the results came TO be summed up II turned
ont that the substitute adopted, and so was tho
Wilson mendment modified in minor particulars
The friends of the Pacific Railroad Companies stood no
chance An the present temper OF the House and Of the
country.
TEXT OF THE WILSON AMENDMENT.
GENERAL PRESS DIsrATCHl
WASHINGTON, Feb 2S.-The following is the
text OF the bill offered in the House, to-day, amend
ment TO the Legislative Appropriation bill
That The Gene shah suit IA equity be Instituted
IN the name the United aaaad
Company and against all who In their
which paid for h who
received otherwise portions Of the capital os
Of said road ihe proceeds sssls tbereo. oiber
property Of said road unlasfaly and contrary
Of construction equipment Of
other Which oushtn
belong who uuder preteSse
having
railroad
COMPANY United and compel payment for sa -tees
the collection aud soh and the restoration Of
its vslae either sold railroad or TO tie
whichever shal be entitled thereto
O. That said suit be brought the Cre Court 10
Of defendants pccres
snd enforced parties dpdsn
awaiting the 6na Of tho sgsinst other
said sach orders aud
process shall bring
parties parties deoeascd edess
be issued BY said Court agsns parties defcpdas
which writ shall district and sbal he served
other hie process BY the Marshal Of such district sash
property and personal which attached 70 abide the
the suit like BY Law be attached Nn iseps
from the Circuit Court in such district.
the books records correspondence aud all oher
Union Pacific Railroad Company shall all times
for inspection b the Secretary the Treasury sach be
providing proceedings
in bankruptcy shall not Be he'd apply 70 said corporaIos
dividend bat
from the actual earnings thereof and stock shall be issued
without leave Congress except for the e napG and
securing the debt existing. or the renewal thereof
That director oher Of ssd road shall hesss<f be 10
ieres,sd directly indirectly contract herewith sAce Tor As
lawful compensation such oneer. $50.
That director eoer who shall declare
paving declaring dividend creating peds
prohibited BY this act or who shall eesnd against the PROVISIONS d too
thereof shall be paashd xseccns
tyoye yeafsa and by Gne pote ding