The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1878-02-16
MIDNIGHT .EPoRT,
Associated Press Dispatches to Daily Clarion.
WASHINGTON.
The TEXAS PACIFIC.

/
| WASHINGTON, Feb. l5.-The argument
before the Senate Committee on Railroads,
on the Texas and Pacific question. was con.
tinued to-day by Major Bond, Vice Presi-
/ dent OF That company. He called special
attention to the - feet of water in San Di-
| ego harOor IN com parison with the shallow
waters ~ San Pedro Bav, which the South
ern Pacific, OF California, proposes TO make
the western terminus of their road,
where everything had TO be lightened
DE showed that the entire line on
the 32d parallel from the Mississippi riv
er to the Pacific was but 1,767 miles, or
400 miles shorter than the present line and
that the Government and the public, while
having the advantage OF this great reduc-
! ton in the haul, would also have the i'm
mense additional advantage of having to
pay on but S64000,000 of capital as
against S25l,0OOOO0 on the present line
He claimed that in no way could the coun-
try be benefited by being compelled to use
Mr. Huntlngt0n's present line from Fort
una To San Francisco. 1t alone was rep
resented by capital account of $S7.-
0O0,000, the interest on which must
bo paid by the traffic passing over
II, it being more than the interest on
me ,: entire Texas ana Pacific line from the
Mississippi and San Diego. Maj Bond
conteEded that the best evidence of the good
faith of the Texas and Pacific Company
was its offer TO place the entire control of
rates IL Congress, not only on the line to be
constructed, but on the 450 miles already
built. He quoted from reports of the Cen
trail and Southern Pacific Co.'S. to show that
their main line to San Francisco had been
Saddled without the l 600 miles OF subsidiary
branches, so that the 2,20Q miles operated
IN that one interest, was represented by
over $3.50 0O0.000, and on this enormous
sum the trans-COntinenta traffic of the
country was now required to paw tribute
Mai RnnH "A a
the Southern Pacific of California in default
in not having built continuous
line between Yuma and San Francisco,
but, even the part of the line it had built
was without authority OF law, that com pany
having failed to comply with the require
mentS of the California legislation, ana. un-
til they had SO complied with the Califor-
MIA statutes and with The acts of Congress,
they were not in position to appear be-
lore committee and assert the rights
of the Texas and Pacific Company,
whose good faith could not be questioned.
Maj. Bond asserted that by thus evading
the statutory requirements. they had lille
gally obtained pOssesSian of over seven
millions acres of land, which of right to-
day should be opened to settlement instead
of being practically divided among four
private individuals. Maj. Bond closed by
reading kilograms from California showing
that the Southern Pacific had no material
on hand to extend tile line east of Yuma,
and claimed that their floating debt was
heavy. and that they had no credit to build
an additional line at this time. Argument
TO be continued tomorrow.
PROBABILITIES.
WASHINGTON, Feb. 15-The indications
for the West and Gulf States: Clear, par
TALLY cloudy weather, cold nOrtherly, shift
ing to warmer South winds, and rising,
followed by falling barometer.
CABINET MEETING.
WASHINGTON, Feb. 15-The Cabinet made
no allusiOn to Louisiana matters to-day.
CoNFIR NATIONS.
WASHINGTON, Feb. 15.-The nominations
to- day were, Bayard Taylor, Minister to
Germany; Jno. Banker, of Illinois, Minis
ter to Venezuela; VIM. c.. Goodoe, of
KenGucky, Minister to Belgium.