The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-06
WASHINGTON.

|
| "AsHlsGToS, Dec. 5-Postmastcr General
JeWeH forbidS letter carriers to solicit gifts by
new years address or otherwise.
Inc court IN general tenn decided that the
grand jury which indicted Harrington ard others
for safe burglary was illegal, and quashed the
| INDUCEMENTS This decision, it is understood.
removes harrington and those indicted with him
from further trouble.
WASHINGTON, Dec. 5-Dnrells resignation is
not accepted. It is stated IN Judiciary circles
that the resignation will not eiieve him from i,a-
| peachMent proceedings by the Hou e. unless
accepted. Among the prominent applicants for
the succession are Billings, sheldon Hawkins,
"a! Lacey, Iafaee, WALKER and Fearn. It is stated
the resignation has not yet formally reached the
Attorney Generals office, where the routine Of
Office requires it to go before Judge Durell will
be released from his iun tons or respons bilities
WAsnINdT9s, Dec. 5:-On Monday. or soon
| thereafter, Representative Hough,on, OF Cali.
| fornia. will introduce in the House Of Repre-
sentatlvcs Il bill! to aid the construction OF the
| Southern Pacific Railroad, which has been pre-
pared by the parties directly interested. A copy
of the bill will be also introduced in the Senate.
The preamble recites that the Texas and Pacific
Railway Company has been heretofore authorized
to construct, llrnish maintain and enjoy con.
tinnous railroad and telegraph line, with the APP
purtenances, from point at or near Marshall, in
the State OF Texas, to the Ships Channel i'll the
BAY OF San Diego, along or near the thirty second
parallel OF latitude, and that the Atlantic and
Pacific abroad has been authorized to cons tract
furnish, maintain and enjoy continuous rail-
from tbs town of Springfield, Missouri,
along or near the thlrt, fifth parallel
OF latitude by the most practicable route
to the Pacific Ocean, and further recitc the con-
dltion OF these roads at the present time, show
ing that tue Texas aud Pacific Company has 3o5
miles OF road completed. and the Atlantic aud
Ia1tic Company has 3G8 miles OF road in OPERA
ton, and that the Gov. rnment has reserved the
alternate sections OF public lands OIL each side CT
both lines OF roads in accordance with their Con.
Sressional lsnd grants through to the Pacific
coast.
The preamble also asserts that the interests Of
the country will be promoted by connection OF
these roads 80 as to secure the completion OF
southern line to the Pacific, and restore to tie
GOvcrnmt mt alb .us thirty millions Of acres OF
land heretofore granted to the ssid companies
The bill therefore proposes to authorize the
Atlantic and Pacific Railroad Company to extend
Its road enthusiastically 20 a point Of jniction
with the Texas and Pacific Railroad, not further
west ,han the lO4th Meridian, and the two COM
Pailes ST. II together enjoy al the benefits ac-
CURED by their original charters, except that
the land grant snail not he duplicated.
Eooh lines from the junction east, shall be put
Oh all exact equality as to all consigned business
over the nam trunk lne The Texas and Pacific
company is also authorized to acquire by pu,-
chase consolidation and otherwise, the property
AID franchise OF any other corporation now au.
thorized to construct railway over any part Of
the route from the Colorado River to San Fran
cisco.
The bill requires. pain Of forfeiture OF fran.
chise, that the TeXa. and Pacific shall be put in
operation Ioin Its eastern terminus to he point
OF junction within three years. and the Atlantic
and Pacific to the point of junction within six
years from the passage OF this act, and that the
main trunk inc suall be put III opera ion |
through to the Pacific coast within six wears from
the enactment OF this bill.
The bill further provides that the Government |
shall guarantee the payment OF the interest on
Yearly five per cent bonds TO be issued by the re-
spective companies to the amount OF $4,000 per
mile Ok road constructed and acquired and |
equipped by each aforesaid bu: the amount
OF $500 per mile OF these Ionds shall he retained
in the United States Treasury to be sod ii ncces-
aary to make up the amounts to be deposited as
hereinafter provided FOR the payment Of the S;lar-
aDteed interest
The bill proposes to secure the government
IA alnst loss anu insure tine prompt payment of
the interest on the bonds and the creation OF a
sinking fund to discharge the principal a. matu-
rity, by the execution OF first mortgage to the
government by each company on all its property
and franchises, ard By paying into the Treasury
the entire proceeds Of sales OF lands granted by
Congress, all amounts earned for government
Lrau.por alton OF the roads as may be necessary
to make up any deficiency Oh its interest and
sinking fuud accounts not thus provided Tor.
The b II finally provides for similar extension
of government credit to the New Orleans, Baton
Rouge and NicEsburS Railroad Company and the
,lchsburE, Shreveport and Texas Railroad Com
pany to enable them respectively to construct
ines between Shreveport and New Orleans and
Shrcvep ut and Vicks burg