Los Angeles daily herald. [volume] (Los Angeles [Calif.]) 1873-1876, 1874-04-15
Late kilograms
Who Uses the Steamship
Subsidy and How.
THE PRESIDENT ON CURRENCY
IMITATION.
caste N.
Postal Swindles-Luttrell and Par
Have u TyIt

Postal Swindles-Luttrell and Page
Have u Fit.
WASHINGTON, April 14.-Page and
Luttrell are at loggerheads about
postal matters in California. Luttrell
declared there is a postoffice ring
which has defrauded the Government
to the extent of one hundred thousand
dollars, and that he made the charge
on the best authority. Page sprang to
his feet, and scene of great confusion
ensued for several minutes. A resolu-
ton to investigate the charges was
referred to the Postal Committee.
Steamship Subsidy-Iow the Money is
Used.
WASHINGTON, April 18th. Tenor
w. Park, representing the Pacific
Mail Steamship Company, and John
Roach, in behalf of the ship building
interests of the country, made an ar
gument before the House Postal Com
mittee to-day in advocacy of the con-
tinuance of the one million subsidy
for semi-monthly China mail service.
An interesting statement made by
Park was to the effect that it had been
discovered that 100000 of the famous
100000 fund placed at the disposal of
an agent of the company, to be used
in averting competition and securing
increased subsidy was transferred by
the agent to his sister and invested in
Philadelphia real estate, and that the
company expected to recover this
amount.
The Pacific Mail Subsidy in Congress.
WASHINGTON, April 18th. = John
Roach was before the Postal Commit
tee to-day in advocacy of the Pacific
Mail subsidy. He said he appeared
solely in behalf of the shipbuilding in
terests of the country and with refer
ence to the iron ships under construc-
ton by him for the company. He
gave statistics as to large subsidies
paid by the English and French Gov
ernments to keep up lines of semi
monthly steamers ON the Pacific to
control the commerce of that ocean for
those nations. With reference to the
failure of the Pacific Mail Steamship
Company to get their new ships ready
in the time required by the contracts,
he explained that it was found that
ships of the size and class contracted
for could not compete in speed with
those built in England for the same
Pacific trade, and the plans were there
fore changed, and larger, faster and
more expensive vessels, of 5000 tons,
were built, requiring more than the
contract time. The company, believ-
ing that the Government will not take
advantage of the temporary delay,
if the service should in the mean
time be performed in other vessels,
would grant the subsidy whenever
the newer and better ships should
be ready to compete with foreign lines
for the trade of the Pacific and to carry
mails at lower prices than any other
line will charge for the same service.
With reference TO the charge that a
large sum was corruptly used by the
Pacific Mail Company to procure from
Congress an additional subsidy, Roach
stated that he knew nothing of such
payment. There was no evidence that
any of the sum taken out of the Com
pany's funds, nominally to prevent
competition in bidding for contracts,
was corruptly used in Washington, or
that any one of the present managers
had anything to do with the money.
He will appear before the same Com
mittee again to-day.
President Grant OH the Imitation
Question.
WASHINGTON, April 18th. - Presi-
dent Grant in conversation said he
did not favor initiation in the general
acceptance Of the term. He only be-
lieved in increasing the currency to
meet the National wants. He did not
commit himself on the currency bills