davidaulloa/AmericanStories huggingface dataset:
National Republican., 1874-05-18
pY wORMLEY q JOHNSON,
- Real Estate Brokers and Auctioneers,
l5iIh Pennsylvania avenue,


By virtue OF deed Of trust to Daniel L. Eaton,
dated June l, 1871, and under decree Of the Su-
preme Court of the District Of Columbia, in equity
cause No. -, docket IL, will sell at public
tion on May q. 1874, at 30 O'clock p.
IN front OF the premises all that piece or parcel OF
ground situate In the city Of washington, ID. c.,
T. In square seven hundred and sixty-thres (7s3l:
Beginning for the same at point OIL Second street
east eighteen s feet north of the southwest corner
Of said lott running thence east eighty 1907 feet;
thence north eighteen (s feet; thence west eighty
lsO feet TO Second street east; thence south along
the line OF Second street cast eighteen s feet to
the place Of beginning.
At 10 per cent. from December 1871, together with
premium for insurance and expenses OF sale in cash,
and the balance in six (s) and twelve CD months.
for which the notes Of the purchaser bearing inter-
est from the day Iof the SALE and secured by deed
OF trust on the property sold, wi be taken. A de-
post Of tloo VIII be required on the djy Of sale;
ssle are not compiled with IN i've days the trustees
and cost of the dsf.ultns after ye days
lished in the city of Washington, ID. q.
gk@S. ~ Y; HiSpRp SSTp5RGpRsEY' Trustees.
my7-d&ds WORMLEY 4 JOHNSON, Auc'rs.
National Republican., 1874-05-18
RY n II. WARNER.
~ Real Estate Broker and Auctioueer.
Federal Buildings, corner Seventh aud + SIS. n. W.
TRUSTEE'S SALE or TW0-AND-A-HALF
STORY FRAME DWELLING No: scs, on THE
MEST SIDE OF EIGHTH sTREET WEST.

TRUSTEES SALE or A Two-AND-A-HALF
STORY FRAME DWELLING No. sos, On THE
MEsT SIDE OF EIGHTH STREET WEST,
BETM,EEN AND X STREETS NORTH, AT
BY virtue Of . deed OF trust, dated May ., A. D.
lS.: to Laniel l.. Eaton aud myself duly recorded
In libcr No. 81 folio U.s. one OF the land records
ior Washington county. In the District Cf Column
bia and a. the request OF the party secured thereby
i Will scli AZ public auction, In front of the prem
tses, on MONDAY, May IS 1874, at O'clock p. M,
the folowdn< de- cribed RAJ est te situate In the
city OF Washington, District OF Columbia. TO wit:
All that CERTAIN piece or p treel OF ground known
and de scrbed as the south Iwentr g fest from OF
lot twelve. 2 I'm sIu1Ie four hunir d and threr bY
the depthof ; Nd lot Also. the strip OF grould Ia
described N certain deed recorded In llber W. r.
No. I'D. folis .05 OF the lsnd records OF WASH
ington county, ID. C., together with the improve
Terms as prescribed by the deed of trust: Two
thousand dollars, with interest ten per cent per
annum, from Mays, lS73, to day Of sale, and cx-
penses OF sale In ctsh; and the balance az six and
Twelve months. for which the notes OF the pur-
chaser bearing interest from the day Of sale, and
secured by deed trust on the property sold. will
be taken. "A deposit OF 500 Will be required Of the
the pens Of the purchaser. II terms of sale
not complied with in seven days after sale the
trustee reserves the right to resell the property
tie risk and cost of the defauling purchaser after
i've days notice In some one or more newspapers
puoiiSneu y GEORGE w. sTICKNEY,
Surviving Trustee.
IT. C0LDWELL,
.my6-WFM&ds. Salesman.
National Republican., 1874-05-18

DUBLIN AUCTIUN. ~ .11f-1 3 u
TnRAsrRY DEPARTMENT.
'wksHrSgroS, y, G.. May I, iss.,
est bidder, on THURspAY. May q. is74, at three
O'Clock D. M. the White lot. south ofthe Treas
ury Department, n number Of Desks, Pigeon-holc
Cases, Chairs. Carpets. Mating. Books, and other
condemned public properly ..,!,. :. =.
cent. win be required at time OF sale;
my7-ss ACTING Chief Clerk Treasury Dept,
National Republican., 1874-05-18
DY n. III. RYAN & CO.,
- General Brokers and Real Estate Auctioneers,
TRUSTEES, SALE OF A TwO-sToRY FRAME
DWELLlNG-HOUSE AND BACK BUILDING,


pWELLING-h0usE AND BACK BUILDING,
NO. 23 EIGHTH STREET EAST, BETWEEN
AND d STREETS NORTH, AT AUCTION;
BY virtue OF deed of trust. dated March s, A. ID.
is72 duly recorded In Lber No. go, folio 40 of
the land records for Washington county in the Dis
trict OF Columbia, and at the request of the party
secured thereby, will sell at public auction, In
front of the premises, MONDAY, May 2s, 1874, at
6o'clock p M the following described real estate,
situate I'm the city Of Washln OF Colum
bia, known and described on the ground plan or
plat Of said city Lots lettered G and I, In sub
division Of square numbered nine hundred and six
teen C96l or of Lots three (3) to ten (O) in said
SQUARE each Lot fronting twenty-on SsD feet eight
~ inches ON Eighth (sthl street northeast, with
depth of one hundred and nine Ilosl feet one ~ inch
TO thirty-foot alley. Each lot has an alley run
ming along the side and lot lettered is improved
Terms: six hundred dollars. with interest at ten
per cent. from September 1s72 to day OF sale and
expense Of sale, In cash, and the balance I'm six (
and twelve (2l months, for which the notes of the
purchaser bearing Interest from the day of sale and
secured By decd OF trust the property. will be
taken. deposit Of one hundred dollars will be re-
qursd of the purchaser 1t the time of sale and all
conveyancing at the expense Of the purchaser. II
terms Of sale not complied with In Ee:en days,
the trustees the right resell the property
at the risk and cost Of the defaultinE purchaser az
" sgAlkNSAtK q & HsIIMSkENSEE, MSkkEENSEER, lrru..ee..
my1-F,M, wkds K. II. RYAN CO., Aucts.
National Republican., 1874-05-18
SEas SGnS w, W. sTtcRSRRii sATttccRSSSRi Trustees.
PROPOSALS.
AIS FOR FRESH BEES

DROPOSALS FOR FRESH BEEF.
OFFICE OF THE ACTING CoMNIssARY oFi
SUBSISTENCE, WEST POINT, NY,
April IS, Is74.
Proposals In duplicate will be received until u
m. on the 2sth day OF May, ls7t, for all the Fresh
partment 81 this point during the hscll year ending
June 80 1875. Information and So5d;tIons o6tained
First Lieutenant Fourth Artillery, A. G. 8.
apE
pROP0SALS FOR FRESH BEEF.
OFFICE OF ACTING CoHaIssARY or
SUBSISTENCE, FORT COLUMBUS, NEW YORK ,
HARBon, April Is, 1854.
Sealed proposals In duplicate win bs received at
this Office untii2 o'clock M, May Is Is7I for fur
nlshing the Fresh Beef required BY the Subsistence
Department, United States army, at this station
and New York city, during the nscal year COM
menelng July 1871. Information as to conditions
quality OF beef payments, &C., can be o5tslnsd by
appliention to r. q. RUTHERFORD,
First Lisutsnant Twelfth Infantry, A. c. 8.
National Republican., 1874-05-18
"a
BUSINESS DIRECTORY,
Containing Cards OF First-Class Estab-
nkhments in all Br inches of Busi-
ness in the District.

RNer vERYBODY SHOULD CONSULT
AS TEIS DIRECTORY BEFORE MAklNG
. PURCHASES. OR TRANSAGTlNG Any
KIND OF BUSlN NESSlS THE DISTRICT
National Republican., 1874-05-18
,oPOsALs FOR FRESH BEEF
DRoPosALs FOR STATIONERY.

CLEnx's oFrIcE,l
HOUSE REPRESENTATIVES UNITED STATES,
WAsHINGToS, d. @. May 4. 1874.
Sealed proposals will he received at this orice
for furnishing stationery for the use Of the House
Blank forms OF proposals, showing the quantity
and quality OF each article. and the form Of bond TO
be sirn.d by the bidder, and sureties will be fur
nished on applcst tIon at this office.
Proposals should be Endorsed. 'PToposals FOR Sta
tlonery," and directed TO Edward McPherson,
Clerk House Of Representatives, United states.
EDWARD MCPHERSON,
Clerk House Of ReprcsentatIyes United states.
National Republican., 1874-05-18
RY b. III. WARNER,
u Real Estate Broker and Auctioneer,
No. ID Seventh street, between g and n.

u Il -. III. WARMER,
II Real Estate Broker and AuctIoneer,
No. ID Seventh street, between and n.
TRUSTEES SALE OF Two:sToRY FRAME
STREET, BEWEEN AND G. STREETS
SOUTHEAST, AT AUCTION.
BY virtue OF deed of trust, dated May 2 A. ID.
lSIS and duly recorded in Liber No. ia, folio 405,
and at the request Of the party secured thereby,
viii sell, In front Of the premises at public Ruc-
tion, on Tuesday, june 3 Is74, at 8 O'Clock M,
the following real estate. situate In WASH
ington city, ID. c.. to wit: All that certain piece
parcel OF land described the ground plat or plan
OF said city as part Of lot numbered ten (iol Tn
square numbered eight hundred and f0rty-six (s+S,
beginning at point 90 feet south from the north
west corner OF said square. and running thence
south 80 feet thence east w feet inch; thence north
% feet, and thence west % feet and inch, to the
place of beginning, together with the Improve
ments, consisting OF 3 tWo-story frame dwelling,
Terms: $50, with interest at ten per cent. from
February 70 1874 TO day OF sale, and expense of sale
In cash: balance IN six and twelve months, for
which the notes Of the purchaser, bearing interest
from day Of sale, and secured by deed OF trust on
the property, will be taken. A deposit Of so will
be required at time Of sale terms of sale are not
compiled with In seven days, the trustee reserves
the right to resell the property at the risk aud cost
OF the deaultinR purchaser, ater i've days advsr-
tisement in some one more newspapers pub
i'sneu In F" "AsniHs T. NJ. wEBBER, Trustee.
ap3D-ThM&ds Salesman.
National Republican., 1874-05-18
GOVERNMENT SALES.
GALE OF CONDEMNED ORDNANCE
STORES

GALE OF CONDEMNED ORDNANCE
= STORES.
LEAvENwoRTH kRsESAL,l
JEAVENwoRTH, KS, March 80, 1874.
The following named unservicesble and insult
able sr;L les VIII be sold at public auction at the
LeaVenwUrth Arsenal, TUESDAY, the 18th day OF
Msy. ls7l, commencing at 10 o'clock a. IN.
Artillery carriages, harness, loaded projectlles,
scc9utreinrnts, knapsaeks, hAversacks, saddles,
brides, halters, ammunition for small arms, old
pattern metal and Woodworking machines, tools
? and miscellaneous articles, &c.
Terms: Cash In Govern N ent funds, ten rer cent.
ON the day Of sale, aud the remainder when the
property Is delivered. All stores to 30 removed
within ten days nom close Of sale. The Govern
ment right to reject any bid not deemed
satisfactory. Catalogues can be had on spplica1
the U: s. Ordnance Agency, \; X; oE % AZ this
Captain Of Ordnance, commsSding.
National Republican., 1874-05-18
AUCTION SALES.
To-Day.
pY HOLDEN. SPENCE d CO.,
II Auctlonecers and Real Estate Brokers,
sAEE FR9PEE5Y Ss

TRUSTEES sALE OF PROPERTY ON Z
STREET, BETWEEN Third AND FoUaTH
sy Virtue of decd of trust to me, d,ted March II.
directien Of the party hoIIng part 0f The notes
OF the srsn:ises, on MONDAY, May Is Isl, at
o,el2ck .. ~. the west tweuty-two fect slK inches
OF lot numbcre one. in square numbered i've hun
,ea f .s srSSna R,n or
inents thereon, Consisting or an unanished name
Terms of sale: One fourth cash, OF which one
hundred dollars must be paid Immediately an r
sale, an the lance In six, twelve and eighteen
% II % &c TAX mt s
and Gn @ ss @ e M ss
the purchaser. and II the terms are n It complied
viii ihe and cost u hs
Snrch- scr after three days notice publtshe in THE
y A-.OSnn BRHiNARD H WARNER,
my5-wFM&ds Trustee.
RY LATISIER & CLEART,.
- Auetioneers and dr. Real Estate Brokers,
0'N''- - W. Star once Building. '''''
By virtue Of decd OF trust. dated the Sd day. OF
June, A. d. 1871, and duly recorded In LIber No.
ms:on com y. bistrict OF Columbia, and by the
vii VII ftsS ss S o. s party secured thereby ; we
ises, on MONDAY. the 18TH iayof NV, A. b. 1874,
s city D.
and known on the ground plat Of said city as q
Gnures reeorsd subdr OS m part 81 s1uars aGe
numbered four hundred and slxty-seven, (56T. and
boun led rs follows: Commencing for the same mt
the southeast corner of said 10 drumming thence
west one hundred feet: thence north nineteen feet
thence east on hundred feet and thence south TO
the pl ice OF beginning together with ali the i'm
Terms OF sale: One fourth in cash, OF which 500
must paid at the sale, the deferred payments to be
made In equal fnstallments. with Interest at the
rate of eight per cent. per annum, in six, twelve
and eighteen months from the day OF sale, and Sc
Terms to be FULLY complied with within SIX days
after SALE otherwise the trustees reserve the right
To he week
tce, at the risk and cost Of the hrs purchaser All
eonveyancIng At purchaser Q cost.
HENRY A. CLARKE, (r-rstaa.
WM. A. FENWICK, trustees.
LATIMER & CLEARY,
National Republican., 1874-05-18
AUCTION SALES.
Future DAYS.
RY LATIMER 4 CLEARY.

4
RY LATIHER 4 CLEARY,
- Auctioneers aud Real Estate Brokers,
s. sSS aSsnss and Es
TRUSTEES SALE OF VERY VALUABLE I'M.
sTREEI IEsF, 5srosPFE The SS cESTEHH EssTEH
& Nd By s; &C sssS IA e Hsss dsss
EsS, being one Of land records for washins ston
written request oi the party secured thereby viii
III e public % sacssn ..S IN 9Hs Of hs pFcse;
?: M, part % los Numbered ninr Q. in square
hsTns ront o sesn s sna e Sn
vest, being the same which was eo9yeyed to John
8. No. 81, folio "a &C., one Of the land records for
greys%snts thereon. consisting OF a fOur-stOry
This property is one OF the most valuable bust
Terms Of SHE: 1 ons,iourth cssh, residue In Il, IA
a and 20 months, with interest from the day OF sale,
q Pe5 f's per fSss una.S sor
time Of sale II the terms OF sale not complied
and cost OF the defsullnx purchaser, after giving
o wasSiS to some cRSs IS the
LArlMfEEE MfSEv.TtHs GEsEHRY: IrSii.s'
myl4d&ds. tstarl AuctionecrJ.
PY LATIMER a CLEARY,
u AuctIoneers aud Real Estate Brokers,
Fes Jee sadns and
TRUSTEES SALE uF A THREE-sToRY
BRICK DWELLING ON I sTEET NORTH
WEST, BETWEEN THlRTFENTR AND
F9pErEEMsTH STREETS, AND INN @DI-
Under and by virtue OF deed OF trust dated
March IL ISL. and duly recorded in LIber - folio
~, being one Of the lind records for Washington
county. In the DlStrict OF Columbia, and By the
request OF the party secured thereby, will
sfli NJ pubile suction. on the premises. on TUES
DAY, the 18th d " Of May 1874, at O'clock, d.
the eastern part Of lot numbered twenty. In, J In
square NUMBERED two hundred aud fifty, C2J0,) hav-
ing q front Of eighteen feet one Inch on north I
street, and running back with the stme width to
the southern or rear line Of said lot together with
the improvements thereon, consisting of a we'll
built three. story brick dwelling, with two-story
Back Building, continuing In all about ten rooms,
mantles, &c.
This property is situated in one OF the most con-
yenient and pleasant OCCASIONS in the city, and
should command the attention OF persons deslrous
of securing a delightful home.
Terms: One fourth cash; residue In twelve, eigh-
teen, twenty and thirty months, with Interest
from day OF sale nt ten per cent. per annum. All
COM eyaneing at cost Of purchaser. Three hundred
dollars down at time Of sale. II the terms of sale
are not comp with In ten days from day OF sale
the trustee reserves the right to resell the properly
81 the risk and cost Of the defaulting purchaser,
atsr giving hve days notice In some newspaper
published In the city Of W ashington.
SAMUEL CROSS, Surviving Trustee.
LATIMER d CLEARI,
myIg Sfarl
National Republican., 1874-05-18

Malaga Fruit Company,
400 NINTH STREET.
National Republican., 1874-05-18
DRoPosALs FOR FUEL, FORAGE AND
L STATIONERY.

L STATIONERY.
or THE QUAnrERStssTrEhaF'ssH4 srhFsH6EPr 4Ef1hra%ssf, %
E,5nFEInsoSy.LLE sI,nGEI,S ~ IL IND: April q IIl
On Ss ss snssr th
the ssTsTy this sns S P
quantities as required rom time W to time, during
fhe hseaI year beginning July l, ls74, and ending
Sealed PTCpSssIs On tr1Pl!csss, WIN also BE re-
s p Rss S the s and d n
WOOD, PittsSurS Coal COIN, Oats, Hay and straw, raw
| in such Quantities as required from time to time,
ysi5 soRs s sa9s be
Separate bids for Fuel, Forage and Stationery
The Goyernment reserves the right to reject any
Biapf Proposals and information as to the esti.
sna & Gs1 20 : Sssnea Oy
ati G on M
win deposit samples of ths article, they propose to
furnish before the opening JAMES q dhs % EKIN,
Deputy op4rtsrmaastsr General q. s. Army, in
DRoPosALs FOR MILITARY SUPPLIES.
oFFIcE CHEF qUARTERMAsTER,N
| LoUIsyILLE, Ky, April ~ ls74.
the ofices OF the United States Qusrtermasters at
sf pSESs9 RSit 9.sa ne S g y
Of military dn5l1E uIe 5ss
| as follows;
Wood, Coal, Corn, Oats, Hay and Straw, at the
following Posts; Louisville, Lebanon. Lam
and chattanooga, Tenn; Huntsville and Mount
charieston. Columbia, Yorkyille and Newberry,
6; g; Fort Johnston, Fort Macon and Ra!elgh,
Bids for any portion Of the supplies viii be enter
The Government reserves the right to reject any
| or all bids.
Blank Proposals and printed Circulars showing
the estimated quantities required at each Post, and
giving full Instructions as 70 the manner OF bidding
and the terms Of contract and payment, can be OBJ
QuarterInasters ut the various Posts, or 70 this
| Deputy Quartermaster General, Clief ouartermas-
| Ter, Department Of the South, apis
National Republican., 1874-05-18
RY GEORGE TRUEsDELL- =
ID Real Estate Broker and Auctloneer,
65 seventh street northwest.
sSE xk1hRf5 1RHs5rssSRP sSP

n.
by virtue OF deed OF trust made 10 me by Phile-
mon II. Welsh and wife. bearing date the 10Th OF
November, ls7A and recorded In I.ber b, No. 4,
folio le5, one OF the Land Records for Alexandra
county, In the State Of Vigua, will sell 81 public
auction, In front of the pr misses, on TUESDAY,
the 18th day OF June next at $50 O'Clock D. the
following described real estate lying in the county
Of Alexandria and Stale Of Virginia, being in
Arlington township in said stale, to wit: Com
msncing for same at q stone at the southwest cor
per Of lot numbered thlrte tISl Of the survey Of
Lewis Carbery, Of the Mason estate, thence north
81 deg, east II poles - links to q stone; thence
north deg. west 10 poles Is links to stone the
south side OF the turnDike road running from
GeorgetOwn to Falls Church, virginia; thence with
sud turnpike west Is poles 81 links to Q stone;
thence with said pike souh q deg west "a poles 70
stone In the intersection Of the west line of said
lot thence with said line south deg east Is poles
more or less.
Terms OF sale are: The amount ofIndebtedness se-
cured by deed of trust, unpaid. ~ 81 with the
expensa Of sale, In cash and the balance one two
and three years, for which the notes of the pur-
chaser, bearing interest from the day of sale and
secured by a deed Of trust on the property sold,
shall be taken. deposit Of 500 shall be required
Of the purch At time Of sale, and all conveyance
ing al the expense Of the purchaser:
GEORGE r. MILBURN,
Trustee.
GEORGE TRUEsUELL,
Iuyl5-FNWN1s AuctiOneer
National Republican., 1874-05-18

pY A. n. BPRAGUE, Aueftoneer,
II No. 19seventh street nor Invest.
On TUESDAY, May 10, a: 10 O'Clock o. m, will
sell, at No. al Eighth street southeast III; house
hold fIrnituTe of NJ. Smallwood, consisting OF Par
lor, Bed. oOm aud Kitchen Furniture.
mYlc-:t A. n. SPRAGUE, Auctloneer.
National Republican., 1874-05-18
AUCTION SALES.
Future Dsya,
RYLATIMER q CLEARY,

ID Anctiousers and Real Estate Brokers.
Corner Of PennsylvAna avenue and Eley nth street
Star Once Building
National Republican., 1874-05-18
SALE OF VERY VALUABLE I'M
STREET NEST. OYPOSITE THE CENTn ii

bFOKerB1
Southwest corner Of Pennsylvania avenue and ri,
enth street, Star Once IluIIdIn9
National Republican., 1874-05-18
Future Days.

my5ru, Th.satSds w
National Republican., 1874-05-18

ALEN. r. sHKPHLRD 3 Co, sIU Pa. av., bet 9Th
and 10th sts. Constantly on hand a very large
stock ofeTerything appertaining to the Plumbing
and Gas Fitting Business; Trade Supplies,
wholesale and retail; Chandeliers, Reading
Lights, Brackets and Slate Mantels, in large as
soTIment and OF the newest patterns; also, hand
some Crystal Chandeliers and Clocks, All use
~ 1. .Ia.r a acI.r,n cuf
National Republican., 1874-05-18
my14d&ds. lstarl Auctionerri
DY LATINER A CIEARY
TRUSTEES SALE " A THREE-SToRY
BRICK DWELLING ON I STEET NORTH.
WEST, BETWEEN THlRTFENTR AMI

II Auctloneers aud Real Estate Brokers,
Southwest corner OF PennSYlyania avenue and Eley-
enth street, STAR Once Building.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-12-29
THE FREIGHr RAILROAD

THE sUBSTANCE OF THE NEW BILL REPORTED
FROM THE COMMITTEE ON RAILROADS AND
CANALS.
A Washington dispstch.to the New York
Times gives the features of. the bill charter
ing the national freight railroad: The bill re-
ported to-day by Hurlbut. from the CON-
mittee on railroads and canals, is a substi-
tute for the bill introduced by him last
winter to charter double track freight rail-
way from tide water on the Atlantic coast
to the Missouri river. 1t proposes to incof-
porate and confer national charter
upon the Continental Railway Company, a
corporation existing under the laws of New
Jersey. Pennsylvania, Ohio, Indiana. nli-
nois, and Iowa. and formed by consolidation
under the laws of the aforementioned
states of previously existing corporations.
The object of this corporation Is declared
TO be to construct and operate rail-
road for freight only, with two or
moro tracks from any convenient point
on the Hudson river or New York Bay,
within twenty miles of New York City, 10
| Council Bluffs, Ia, or elsewhere on the east
bank Of the Missouri riv' r, in the state of
Iowa. The tracks must be laid with steel
or solid steel headed rails, and the construc-
| ton of the main lines must be commenced
| at kf h ends within one year, and finished
! wiV four years from the enactment ofihis
bilf The company is also authorized TO
construct branches DETECTING from the main
line at convenient points, TO run to Chicago
and st. Louis. and such other branches not
exceeding two on each side of the main line
in any one state, as may be desired. The
/ company may also lease or purchase other
lines of railway subject 10 the consent of the
states wherein located. 1t must transport
all cars, and any freight offered, on equal
terms for all persons or corporations, al
: rates which are infinitely prescribed. Bulk
freight-such as grain, coal, timber, etc.
received in cars without handling by tine
company, must be transported at the follow.
ing rates: Five mills per ton per mile for al
distances exceeding $50 miles; mills for dis
tances between 400 and $50 miles; mills fol
distances between 300 and 400 miles; y:
mills for distances between $50 and 30t
5 miles; and mills per fon per mile for less
2 distances, provided that in the winter
months, from Nov. to May |, these rsie'
=. may be increased mill per ton per mile.
1 commission of five members, of whom
three shall be appointed by the pres
ident and confirmed by the Senat
1 and two by the company, are to hav
q power to classify freight and fix the max
q imum rates for such classes are no
; specifically described or named in this bill
and who are also required to proportionatel,
reduce all rates whenever the net earning
of the road exceed eight per cent. per an
= mum on its actual cost The bill proposes j
return for these considerations that tn
: United States government shall guarante
u five per cent. interest on thirty-year con
struction bonds of tbs company 10 tho eS
tent of $40, 900 per mile of equivalent singl
n track, or about $50, 900 in all.