The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1876-12-28
TEE NATIONAL CAPITAL.
The President Sends a Message to
the Senate on the Indian
Question.
Two Sets of Electoral Votes Handed
to the President Of the Senate
From Florida.
Speaker Randall Says the House
Must Determine What is to bs
Done With Orion.
THE L. p.

THE U. p.
WASHINGTON, d. c., September 24-The
Government Directors Of the Union Pacific
Railroad Company, in their report for the
year 1SI6,say the frequency with which co.,
fiicts, relative to the Pacific Railroad have
ari.en, has brough, the Government directors
consider whether or not some adjustment
Of the whole case can be mutually agreed
upon BY the Government and the company
which shall
PUT AN END
to all controversy betSeen them, and settle
definitely the manner and time of the
Governments reimbursement. They say it
is not practicable for the company to pay
the first mortgage bonds and the Sc, As, 54l
which would be due to the Government at
the end Of 80 years, and it would therefore
seem to be wise for the Government and the
company to agree upon the establishment
of q sinking fund which shall reduce the
total Indebtedness OF the company TO the
Government at the end Of that t,rm, - say,
S25, 100000.
THIS CAN DE DONE
without a arrangement Of the company's
affairs, and leave sufficient time to provide
for . reasonable dividend on the capital
stock. it does rot seem to be wise to reject
this element in the case.
IF CONGRESS
should authorize the making OF such
an arrangement as here suggested,
it is believed the company will
concur, and the result will be that
THE GovERNMENr
will have all its interest refunded during
the term Of so years, and have the princi-
pal OF the debt reduced 2,236, 512. This
would leave on the road, at the maturity of
the FIRST and second mortgages, about S52,-
100000, as .the bridge bonds will have been
either wholly paid on such balance Of said
bonds as may remain unpaid at the time,
and the sinking fund bonds can be provided
for by mortgages on lands, as the land
grant bonds will have been paid of by the
sales Of lands. To provide for the $751;
100000 of first mortgage bonds and the bal
ance due the Government, that mortgage be
authorized by Congress let S25.OO00O0 of
new first mortgage bonds be placed with the
Government as collateral security
TO BE REDEEMED
as fast as the company can ell them in the
market, not less than par, and accrued in
terest, but net any in one year to be les
than 20 per cen; of the amount, besides |
paying the coupon interest as it natures.
There is no ground for reasonable doubt |
that first mortgage long ) per cent bond |
to the amount of $4,000, 900 would be an
abundant and safe and popular security.
Now, when the practicsbility and the GER
tainty Of the scheme for securing return
to the Government of every dol ar which it
has invested in the Union Pacific Railroad
in connection with the great advantages and
saving to the Pos;-Ofiice and War Depart
ments a. flowing from The indirect benefits
resulted from the construction of the road,
it may be safely said that no equal outlay
of money in credit By US has ever produced
as pro6,able::a return.
GEN. GRANT SPEAKS.
President Grant, in the course of con-
versation with representative Of the asso-
ciated press, to-day, said in reply to a
question, that he had no knowledge of a
Democratic armed conspiracy in the South,
or West, as had been reported. He had
information merely OF organized clubs out
eide Of the State militia, but he was not
apprehensive Of
ARMED COLLISIONS
in connection with the Presidency, no mat.
ter what might be the fears Of others. 1t
seemed to him that the people desired only
a fair count Of the electoral vote in the
Southern contested States, in order to be
satisfied Of the result.
THE REPORTS
of the several committees now there would
shed some light on the true condition of
affairs, and have tendency to solve exist
ing difficulties. 1t was certainly desirable
to establish the actual fact Of election of
either Hayes or Tilden. for neither could
feel satisfied if any doubt remained of his
election, because in such case his position
As President would not command the re- .,
luisite general support.
THE PRESIDENT
that no one could suppoae that
he had any connection with or relation to
he declaration az to who was elected. That
vas not mat .er for him to determine. He
was anxious for the coming of the 4th of
March, when he wouli gladly give way to
bis successor and be
FREED FROM OFFICIAL CAREs,
md before re-establishiny himself at his
nome in Gslena, he purposed making = I
'oysge to the West Indies, visiting Havana {
md other points OF interest. He had
leferr'd his voyage to Europe till June.
The President, r curing to the recent t
election, remarked that he should promptly
scognize whoever should 30 de- :.
Jared his successor. With this,
lis political feeling would Q
HAVE NOTHING To Do. Ii
L would be rscollected that several years
'go, during the Ruberna.orial contest in C
he State of Arkansas, and with both par 1
les representing their respective cases at
be recognized the Democrat G
n preference to the Rspublican because, by +
esal representation, the former was en- q
tiled to the position. While it was true =
hat the presidential term commences, by e
AZ, on the 4th of March, it did not nee Il
asarily follow that the President elect ri
hould defer the taking of the c
OATH OF OFFICE
ntil that time. He might take it imme- n
lately after the declaration of his election, m
ut, Of course, he could no, enter on the n
erfOrmance Of his duties - President I'M
l the 4th Of March, the day Of the retire :,
,ent Of his predecessor. The President
INTENDS REPLYING %
} the House resolution calling :,
" information as to the sending a,
troops to the south and the authority IN al
er which he acted. 10 all such proceed &c
gs he endeavored to keep within the linn =
. OF the Law. having always, previous To O
.fin0 cnpsnlfeJ the Atsornav GooepsI hia a.