, 1877-12-01

road companies took them fur wl'nt thcy Wcre ,
,wartff, kA,wn they wcre 81 hest h"t sal'ia"r.
There Inns hrcn. mil will be for years tn CONF
great deal q! runtrnvcrsr rs to Tho nt,ss',le w.
n'ntc development AMI ,lsc OF thc4c lands; ohts
NJ lar into tic future aa nnybtriy ran now rs, KS,
The bcst of tlirm Will he usctt only ipr grazlne
purposes. ~ large qu,u.ity Of shec. land tc he
retarnc.i IL III tic Huu..allt alkalt desert.
Annihcr large mart lies on the summit ol tlld
R"eks Mn1'ntaIr, ,1svlac. silOo lcet nn.l H"fe @
land Tor grazsnE PURPOSES may bc it!uttrnteL ~
tllc statement Tint Ito ncres of pasture fnntI IN
Now Yurk or Pennsylvania woull kccp snr
railroad lands wF,rro 1tU ncrcs In ono field
fenced In wulil Afford feel for two or three
cows contintaoutY. ln the country nro1n1 the
i,calwatcrs of the Humboldt, :D,Uu! head Of
range IN small lcF,'s over country probably rs
large a. the statn VI New Jerfey. Tho rastur..
nru ID free. bttnr mostly Upon Hnrcrn'1cnt ami
,n lsa ns , ssf rxtstns f. aT INV y cn,, ~ @
uf ts lau,l In" body to make stocl:.rai+in9
profitable " Jussille. lllc Government eannot
sell tic land It t,'w owne, md could not sell tls
railroaA lan::s, al ti,eIr atreptanco at any ynl-
l,ation wutIll hs new alft lo tho compantes.
II must be remembered IN tt,ls connection that
nil mineral rights (exccnt the coal and rom arc
III tho Government. 80 that the pnssib!c rleil-
ness In urcs vi ccrtntn OF tho lands Ia not n
question for consideration.
why Ut ,lstrW tlrse granted lapls IA enRgcsted.
Tcy haze been mort4age, ltno'eso grnn,tea INC
,lHl tin, tho proceeds should 30 paid over to
trustees, as the laptls arc sol, for tho redenp-
tlon of ths lat'd"grant bonds. Those bonds werd
ISSUED H. lsi1. Thsss is voat lsgai pro1lem;
1854 authorized tho Company 10 Issue bonus 10
n certain amount on It's railroad nntl telegraph
line, nnti slbor.linhtcs thu GuVcrnmcnt hOtrls
iur. NJ nushority Is giycn, to nortga4o tho
lnmls, anu mono could havu been fniordcd, since
first ,nor:Engo Is ,,taccd upon them to thc
uoyernmcnt BY the very !ssue of tho subtidy
tl.o mortgage there provided for l; sitter
ward mado subordinate only to bonds upon
tho road anl telegraph. There can 'lardl,
| nv question In law but that thu Hnvcrnn,ant
ian'ls PROPOSED 70 10 restored. Clearly, Con-
gress stloulli not tako lnck a. an extruvaGant
valuation property IN which It has tnurtgage
to seguro It's 2r,pcr dues. Sforeoscr, how will
ernmcnt cru @ Il its Immigrant bonds nre legal anu
are W supposed to be seeuredl il tl,Is mortgage
| must nrst DO "llticd.'' why not .so the money
luz fuuit Agn..., therc Is provision that tho
sitic to the lands ahnll not puss to the tomp1.
n!ts I'll tho costs Of surveys havo been paid;
Very little Of tho land has been surveyed, and
could they mortgage that to which they cnn'l
| 0tyo hack that which thoy never
llcl3 Would the Government, by taking
back the taus, bccotne liable for the payment ui
the mortgage that llas been laid Oh tllet, Ur Ia
tho mortgage itself OF no yatue and frnud On
| tho iantf-graut bondholdcFs, These are only n
few OF tho questions which the Union Pacific
labtl-grnnt mortgage forces Congress to con.
slider liz connection With tho Company's PROPOSE
lion, Oakcs Amcs' evidence that tho tandl
were lnertgagc4 SO u to prcyeut tho Govern
mcnt frunl taking thcn away from <l0 Com
pany Is To the point. and VT Ia bad rule thai
tunHt work both ways."
There IA 4 fact conccEnIn0 these lands moi
generally known. 1t Is provided In Soc. ), net
oi 1869, that tercc years after the completion
| Of tho road tho railroad l1Nls not then eolt
shall bc open to settlement and prc.ep,ptiul
like other lants, tic price, 9l.93 Der acre. to b.
paiL to the Company. The ti.nc hes Mcasly as
rived, euco tho final ncccptanco Of tho Fh4lfl
Railroads. when the granted lands will be re
iluced In price onc-half. Il they wero GOO
agricultural lut,ds tbis would bo q fact of vas
importance. Thcro 10 another reason why Cor
! urcs3 should not hesitate tu reject tic propas
tim tn rrstore lands. The Railr0ad Com pRnsc
will insist upon this condition as long ls pUsB
bic, hut Will accept nlrl comply With tho term
ui nll act that docs not contain 1t. They Hlus
accept n1lv reasonable settlement. Uuntingtu
Rn1 Gould llayo vcey dllGeroat toaaona for dealt
tng thu establishment Of q sinking fund, but
the end both see largo properties to be proLcctG
or lost und broken down. OF course both coll
pantes waDt.tD protect tho future by as small
payment AZ possible. but Il tho bill 10 looked VI
on is a trndo, Congress should secure tho be-
bargain 1t 10 able 10 tnnke.