, 1874-05-20
NO MORE SUBSIDY.

CQNuT1EEB REPORT ON PACIFIC MAIL STEAMSHIP
COMpANYs PETITION.
Special Dtspatch to Tho Chicago Tribune.
WASHINGTON, May 19.-The House Postofaoe
Committee made their report today In the mat
ter Of tho increased Pacific Mail subBidy. Tho
question WAS whether tho Company had oom-
piled with tho contract made by which thoy were
to receive tho additional compensation. By the
terms of the contract they wero required, In
consideration Of $500, 900 increased subsidy, to
nuke an additional monthly trip In tho mail aer-
vico botween San Franoisco and China, making
semi-month1y service, ia iron HhipH Of American
manufacture Of 1000 tons burden. commencing
that ouch additional aorvice has not boon 1ad
the Company had doubled tho service, but the
malla wore
CARRIED IN INFERIOR WOODEN VESSELS,
md in partial and unsatisfactory manner. The
Postmastor- General allowed them for this tho
regular n-postage. Tho Company represented
to the Committee TINT the causes Of their failure
to carry out tile contract we're that, frat, 1t was
and, second, that tho 1n1ncial embarTnasmonta
Of the Company aro duo to tho extravaganco,
waste aud speculation OF the late manage-
mont Tho COMMITTED aay that sth;s soml.month 4Sa
without the additional subeldy; that thoro.'
ia now ample accommodation with China
By, limos Of steamships that DO .3 not enjoy sub
blAleas Lucy tAA5 nuat"AA Wv
General in Withholding tho increased subsidy,
and conclude ~ follows:
There wcro some declarations before your Commit
too by hr. Scott and Mr.. Park tho present Board
Of Directors Of the Company AZ to the -
uaE OF MoNE1 WITH CoNoNEs1
in obtaining the additional subhtdoa They stated
TINT tho books Of the Company under the old adnla-
tratton Of AFFAIRS showed 5000 GOO charged to the San
Francisco Agency, and that the explanation Of tho
sumo by the former President, Mr. Stock
we'll, was that the amount was used to
buy up m opposition line, and moro particularly to
put this hubsidy through Congross their h8cnt Tor
this latter purpose being party by the name Of 1rv-
Ing. III point Of fact, however, Mr. Park expressed
II any Was used for ta purpose as they bad diaooy.
cred That the agent had appropriated nearly one,han
the sum to hs by investing tho aatno III Phin-
delpha real estato in tho namo OF hia sister: Tbs
fact, however, remains uncontroyerod that the old
organization undor whose administration tho subsidy
was obtained had consented to and connived at tbs
aotuug apart
FUND ron CORRUPT usE,
to secure tho passage OF the bl Tho agent Ana re
Of the funds, bad both loft the country and AZ
there IN no direct evidences Of this alleged fraud thus
obainable any further Investigation sco1ns fMpracti.
caDe 1t tho present hne. Suro!y II fraudulent meas-
ureB oro used to the additional subsidy, oven
Ii the present managers OF tho Company were entirely
innocent III the matter, We asaumo they are, Con
gress Bhould not hesitate to
| DECLARE THE SUBSIDY FOnTEITHD >.
Any ground, either real or tcclca but Tor reatone
already stated your COMMITTEES are Of tho opnion tha
tho existing appropriation Of 100000 should DO GOV
cred into this Treasury, and they :eeommend that ne
further appropriations bG made for that purpose un
| der the existing contracts.