, 1874-01-13
Expression OF Opinion by Members o.
the Committee.
Both Houses Engaged in the Re.
vision OF tho Statutes.
Passage of Resolution Directing the
Counting Of the Stato's Money.
THE RAILROAD QUESTION.
Special Dispatch 10 Ths Ghtcago 7Sfbuns.

railroad bonda au stock. Tia lllf requires that law.
full money Of thu United States shalt 10 paid for nj
stock certificates Of railroad companies, which shall
only 10 sold 1t par that stock shall 10 ieaucd for
capitalized earnings or In cxchaugo for labor; that
tho capital stock Of all consolidated companies aall In
no case cxccct tic aggregate amounts Of tie stock Of
Tho companies befora consolidation. and the stock
consolidated shall be below par, It's 1narkes. yaltto
shalt 10 tho basIs Of dctornining the amount
Of consolidated stock to be issued that tho bondcd
II aaey 80 ns I'M a.s
aa not bear creator ratio Of interest than per cent
nor run mora than twenty years nor be 1eid as le,a
upon stock 10 paid in bonda and a bonds hereafter
ssa sa sae uon nsf asG ss tha f @ p provisions
THE ANT1-rAss hill.
Senator Whiting endeavorcd, before tho oponiug Of
the Senate to eall meeting Of te atiroaa Commit
utlon OF Instructions Of Saturday lust. lilo Of tho
opinion TINT =, tho law ot lat wtater prohlb-
ssung Of any passes and that the report of ilc Coi-
nittee should 10 that the law Of last winter precudsd
hs NECESSITY 9t ths 9 in question q aa area
DOW e abson., and Mstsra. Wager wieo5, voria. and
Institutions, at Joliet, leaving only eight members
in town, with Mr. Sanford Chairman. The bill
reported favoraby, and went tilo for reading by
sections.
THE SENATE HALFWAY COMMITTEE.
The senato Railroad Committee met thls evening to
passes to State and County officers serntor Donohuo il
The chair Senator Whiting believed the law against u,-
SO IT, sY R ni
Commissioners should not take passes. Cum1nings
thought tho railroads had right avs passes or keep
back with accommodation TINT It Lie On the table.
Donohue thought the law forbade railroads to giyo
steclc wanted 10 know Ii tho Inv prohibited the rail-
so' they sat ,h?m aud nobody elsa1 cunnss
Burke said II they sent tho report buck In that shape,
It would look It they cherished aecre hone that
ony thas 10 might accept tE' IL tbey % W. wod
only come. Then the Committee did not know
wh to d. thy sfonsassa re- IN %Hs tSs
ine at the pcn!tcntiary.
Whiting atated that be understood tho railroads In
tended dyhtng the achedn!ea, and ho would like to
e T
lon Ut tile age and the Legislature should inquire II
had further duty iii the matter. It decided
| poNAHUEs MIND
was not fully mRdo mp, and he would say nothing.
| SANFORD THoCuHT
they had betler let well enough alone. Tho
| question Of the right of the Legislature to dele
gato power to tue Commissioner 70 regulate railroads
power aud they had better walt TIL the courts de-
tided It. Tho lsatlroada disputed tho right Of oven
mike against tho schedules would DO first That tho
that oven II II hA1 that power 1t had right TO Cle.
| gate 1t. They had better whit for the courts,
| WHITING RHL1EyED
they should wait few days, until they SAW what the
did not think the Legislature coud tx rates. and Tho
authority to- do SO would hare to be delegated. II
ne ~ the G1so9 " should ho amended to
rates. Tho time was coming when abaolnte rates
would heye 10 be nxea BY aoulo authority. il would
yabe posuif they decided against the rower Of lie
legislature to tx rates. and another adverse decision
ut the supreme Court would create agitation amouE
tho people that wonld be tlcporcd,
| 49,. STEELE SAID
appeared e. to him 70 be question Of constitutional
power. The schedules were, in Ills opinion, not worth
should not oo rates beyond which tho roads should not
maximum rates. fhe Legislature had Right TO mike
mnkn Ill ulnunc prlna facIc evidence OF the tiMe thu
moon rdaes on particular night.
| >. FTAltNE AGREED WITH STEELE
as to tho worthsasncsa Of tho schedules for general
With tho aw Which directed schedules to BE- nao far
each road IN the State, whereas the roads were
schedules IN law. He regarded railroad legislation
@ a. , hunbg AZ way aua he Tand vote to ropca tha
commissioners had lons thu lrst they could nor1alm
HUT q laSalc, I'D oberly wo hnd set f III bs St5n On
ROADS, he did NOT kunw. They could liardly ba con-
s1ered expcrts.
said all he know about tle question WIS its difficulty
They should our zand by the law until 1t yua tested.
or go back to the common lAw principle Of letting eyory
they enacted hs schedules nto hS iaW tleS ~
would cease to 30 evidence. They should umend thelaw
every man prosecute his own suit. They were ex.
Rersncng e. sseat popular storm, on ;shlcla fey
nope 20 f1ao 1nto ppwes lie believed tho Constitution
but 1t as said The State Constitution was in conflict
wh to Federal Gonstttntion aud, II so their legia.
not contemplate the liking Of arbitrary rates. IIo WA
preparing bill to elect the Commissioners on tle
minority !an to tako tho Board out Of mere parizsn
| Hhip, and allow NIL Interests to be represented,
nUKkE
favored tho ratification Of tue schedules by e,,4ctng
them into awR. AS for tho Railroad Honrd, II had sur
FiYed ita useiulncsH, md should be ns,oliahed.
CUMMINuH TiIouGHT
aAe aclednes Wero no part parcel Of the law and
would not be accepted By the courts as eyidencs The
loSa!!atro haa no right to aolegato to tho lsaroad
a o saaa asi Ss1 s1ou t. a m @ T. M
Inv. le believed possible for The Legislature ts
establish ratea for all roads.
should ho enacted covering any defects made by tLt
Commissioners III their eifort to make sctcGlu!es
~ taa Ro!nt these was not quorum present, n1t
uEF1alaa coxpuc7ona' DUTIES,
rosa M %1s introduced =, IN IN ts w. lo'a to compel ra
iGfo they te reaohod, SO TINT paasengass would know
OTHER RAILROAD nvslAKBu.
Iho nonae Icy blu restricting the iBsaing Of railroad
htosk to $50 mile wns referred to tho senats al
the of tic Railroad COMMISSIONER. WITCH Sss M,
pcrsedel by I'LL passed last session. was laid on The
, | tu1le. ~
t REVISION OF THE STATUTES.
Specfat Dfspatch 10 Tbs CAicayo tribune.
DUTIES OF COUNTY TngAsungnA,
6rRINaF1ELp, ILL., Jun. l2.-Tho rovlsel bill dc6ptp
tho duties OF County Trcasurcrs, whirh varies u
tInrortunt particular from the nxiating law, wa
altghtly amended. Au effort to llayU tho none,
rfNj1L lat S1uI1c