Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-12-11
Indebted Southern Railroads.

dition of southern railroads and their attitude
10 the government, writes now more cheerfully
ON the subject than ever. He says
From advanced sheets of the quartermastcr
generals report the following statement APP
pears
AT the close of the war, under executive
orders OF Sth August and 18th October, 1865,
there were sold on credit to various railroad
companies, principally in the South, railroad
material to the appraised value OF s., 556, 033-,
95. There remained due aud unpaid from Ger
tain of these railroads Oh 3Oth June 1877, "a,
1874 II, IS. During the past fiscal year, inter
est and expenses accrued upon this debt to the
amount OF Sl0l, SIS 95. Payments during the
year on account have amounted to Sl5l SOB A.
On the 3Uth June, 1873. the debt uncollectcd
amounted 10 81, 55S, 924 o. exclusive of the
SUN of S25, 1887 due from the New Orleans
and Ohio railroad, which debt is lost by the
bankruptcy OF the company. The total coIlec-
tons on account of this debt. to Both June,
1873, amount to S5,ll6, COS, So. There we're
originally fifty railroads indebted. On the Goth
of June, 1872, there were twenty SO Indebted,
but vi these the Alabama and Florida paid IN
full January S, 1873; the postal earnings OF
the Alabama and Chattanooga will more than
iouidae its debt; the lndianola discharged It's
DEBT May n, 1873; the Mississippi aud Ten
ne,see discharged lis debt May 81, 1873, and
the Pacific railroad OF Missouri paid in full
July T., 1873.
The roads YET indebted are the Alexandra,
Loudoun and Hampshire, (which has paid
S73 ,;554 aud now owes Sc, Sl3;) Alabama aud
Florida, (ior repair>;) Alabama and Chattanoo
ga; East Tennessee aud Georgia; East Iennes-
see aud Virginia. Edgefed and Kentuek ky :
Ipdiauola; Knuxvlle ana kentucky; McMlnu-
vile and Manchester; Mississippi, Gainesville
and Tu,calooSa; Mobile and Ohio; Mississp pi,
and Tennessee; Memphis, GAINESVILLE and
Louisville; Mem phis aud Little Rock Nash
vile and CHATTANOOGA; Nashville and North
western; Nashville ard Decatur; Pacific railroad
of Missouri; Southwestern branch Pacific rail
road OF Missouri; Selma, Rome aud Dalton.
The aggregate nmruut Of properly sold these
companies was $4.9G5, 3d. amount paid to
July, |. 1872, S2,U91, 932;; amount due july l..
1873, $465S, 924.
In addition 10 the above the following PANIED
companies discharged their Indebtedness to the
government, amounting, princr a and interest,
tc - ST., So 80, except the New Orleans and
Ohio Company, which became bankrupt, and
the amount (S25, S,S7) was therefore dropped
from the list Of indebted companies:
Richmond, Fredericksburg and Potomac;
Georgia Railroad aud Banking Company,
Sou hwestcrn; Macon and Western, South Ca
roiua; Muscogre; Petersburg; Memphis and
Charleston; Mobile and Great Northern; New
Orleans, Jack >on and Great Northwestern Mi,-
sissipri Central: Virginia and Tennessee; Mont
gomery and West Poiut; Virginia Central;
| Rome; Western AID Atlantic; Orange and
Alexandria Manassas Crap: Wilmington and
Weldon; Alabama and Flnrida; New Orleans,
| OpeIousaS ard Great Western, Norfolk aud
Petersburg; Western North Carolioa, Atlantic
and North Carolina; Macon and Brunswick:
Selma aud Meridian: San Antonio and Next
eau Gnlt; Washington, Alexandria and George
tow": Memphis and Ohiv; New Orleans and
OHIO.
These companies discharged their indebted
ness in the order named between the dates Ut
January /, $50 aud October 81 1871.
According TO the detailed report OF Major NJ.
[. Luilngton, quartcrmaster, III charge OF this
business, sevcn companies, the Alexandra,
Lpudouu and Hampshire; the Alabama and
Chattanooga, the East Tennessee and Georgia,
the East Tennessee and Virginia, the Nash
Vile and Chattanooga. the Nashville and Dcca-
tur, and the Southwest Branch Pacific railroad
of Missouri, reduced their indebtedness S94,
1902 These companies also paid on account
of Interest 81, 1862, making their total pay.
MEETS during the year 500 095,64
1t is believed that the bill Introduced in Con-
gress by Senator Acorn of Mississippi, author
zing the Secretary of War to compromise, ad-
just and settle the existing indebtedness to the
government upon such terms as may be equita-
BILE and Just, will cause an end to the whole
business by the last of next June, by enabling
the Secretary Of War to make the best COM
promises he eau with every company still ln-
dcbted.
CONGRESS. - 10 the Scuate yesterday the
presentation Of number of petitions asking
the regulation Of the liquor traffic elected from
Mr. Edmunds the opinion Of the Judiciary
Committee that Congress has no power to in-
tcrtere with the manufacture or sale of liquor
outside OF the District Of Columbia Bills were
introduced to restore the free mail circulation
OF newspapers, to enable national banks to get
back their bonds in proportion to their rcduc-
ton Of circulation, and to authorize the
Secretary of the Treasury to issue the forty
four millions of dollars held as legal-tender re-
serve. Mr.. Hamilton offered a Constitutional
Amendment prohibiting the Government from
making anything cles but silver or gold legal
money. Majority aud minority reports were
submitted by the Committee on Finance, the
first embodylng resolution authorizing the
committee to bring in at once measures to
cquaze the national. currency with gold, and
the latter simply Looking towards return to
specie payments Monday next was appointed
for the consideration of the reports. The House
General Amnesty bill was taken up, but Mr.
Sumner blocked its way with his usual objcc-
ton to it unless coupled with the Supplement
tary Civil Rights bill, aud the Scnate went into
executive session.
10 the House of Representatives resolution
in favor of recognizing the bclligereDcy Of Cuba
was sent TO the Committee on Foreign Affairs.
y bill authorizing the Secretary to increase the
navy by the enlistment of ten thousand addl-
tional men was passed. The Committee on
appropriations reported the bill authorizing au
appropriation of five millions of dollars for the
navy, and it was laid over for further consider
aton The discussion Of the Salary bill was
resumed, but the speaking was entirely done by
the advocates OF the repeal Of the increased
compensation and the other side was silent, ex
cept when Mr.. Maynard questioned Mr. Dawes
concerning what he considered proper pay for
e No ,,,bl;, ~, pota ,,.- ro,,bad