The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1878-04-25

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condtsons 70 charter can b snfeeusd 81 iSo -.
another. '''
WILL 7aE soU1HEnN PACIFIC COMPANY DuuD nm
| 10AD7
We submit that It vii work s1saG wroue % u.
Soothetn Peetac railroad oospoFatson, 10 d ozaal
reject this bli and 70 ensct tSs bm ssee 70 70
The majority Of Tie cou.attes IN u intersst of Is
A., ,e% raas company 70 s.s ~ n u
tagontze. nor did the Southern PacAc fsruad atae-
om1e before ~ any railroad project branch q a..
psSstion o ee.t Of The Bio araade Il anPE 80 70
do to Fort Worth, tAs present vssesiy tsrninss ee
the Texas and Pacific company. and ninsty addtaoa-
miles IN California, to complete the ssn Diaeo 60
rsesonsble restrictions In the pubic tntsro Ttue,
desires the land grant but " do not FecoospseA ~
oe.use We bslsve that this oospozatoo vu band u
Should tie reprssentati.e. Of tha. portion II ~
country chiefly to be benefited, not by ths sub1dy
for u to see how thsy can reasonably sxpest -
rest Of the country to consent to burden h. tax-
payer and enbana:s our policy With ths nest a.
eerous precedent, which would exhaust ths Treoery
with hundreds Of subsidies Throughout the unHmitod
future Of the nation. :. :
II would seem Impossible for any man 70 j.sufy
| n&oIf n hja
large in . course which depietes Tie Treasury vh1
all that s desired IL attainable without expsoee to
| tho people.
VIEWS OF MEssRs. LUTTRELL AND BLAIR
condition precedent that the work should % prose-
cuted simultaneously from the Eastern and Weeeesn
telmini. BY the act Of 1877 there were required 70
line in Texas and not less than ITO miles In CaNfor-
MA by May 2 1873, whereas, in fact less than 100
miles of the main line have bcen completed Wesesr
mile or even = foot, from San Diego IsstsrH
There has been . marked failure On TIE pezt OF u
company to comply with the terms on which tAs
lands and franchises were granted. This contingency
OF failure was, by the caution of Congress, fo9pen
| and provided for in both Acts, by proviso that
Upon M - f.ilur. to 50 complete Il, Congress may
proper to secure it's speedy completion"
In this attitude of Affairs represents that would
ns o., great hardship to be compelled to vatt indea
ntely upon disabled company for . connecting rod
from the East, and asks Of the privilege Of co..
nung its road eastward through the Territories 10
the Rio Grande and ~ much farther ~ might bs
necessary to meet tho Texas roads within atx years
such is the desire for outlet to the East which
shall admit It to participation In through overland
tr.fc that it offers that its request be granted 70
construct 4 line to San Diego harbor In sddihon to
is present ocean termni, and to prorate through
business with all Eastern connections to San Fran
elsoo or OF other points, md to allow consress 70 in
ern and Western termini st Pacific ports, although
asking no aid Of the United States which 1t u not IL
than is within the power Of the other company to
offer. No good and satsfactEy reason is found WV
this proposition should not bo promptly and chesF-
fully accepted.
FROM BUSINESS STANDPOINT.
Two propositions before looking to that end.
its land grant from the United States, amounting to
5000 900 acres, to obtain two years additional tne
and special aud extraordinary grant Of tho credit
@3s, $50 900 Of the company's bonds, pledgng It to
the payment Of five cent. gold interest for nifty
years.
sanction to continue it's road eastward across the tor
rtories within the time, but without any other
or further assistance than the contiguous grant Of
lands now at the disposal Of Congress.
Which Of these two propositions guardians of
the public interest can We adopt7 Which of these
two candidates. Is practical business men, ought
the proposition most favorable to the good Of the
people 1t would seem that by the charter tho 9r.at
OF along the thlfty.ecCOnd parallel line IN tho
territories made double that Of the pioneer line
by the foryrst parallel ~ if in lieu Of future cid
in money or credit.
We're administering our own private business
could we for moment hesitate between these oders,
one Of which, besides being An undeserved favor,
involves grave responsibilities, dangerous precedent
ments, all doubtful policy, and insures Ill s proered
benefits within tho same time without the risk Of
dollar of the peoples money or credit7 We con-
ceve we are not here as the amoners of the bounty
Of the tn ita cifizQna
guardians of the public welfare and trustees Of it,
property and credit Of the nation, to obey the
pie, and in this view concur the report
of the majority, which proposes to grant subsidy
guaranty $ss 7so 900 Of the peoples money credit
to corporation.
ANT1-suBs1DY VIEWS OF MR.. MORRISON.
The Texas and Pecihc Railroad company seek to
payment of the interest $3s,75OO O0O Of nftyysar
1--WE per cent. bonds, to be issued by said railroad
its railroad from Fort WORTH in Texas to the Ps6c
Ocean at San Diego, In California Tho road to bo
constructed is 400 miles in length the bonds to bo
guaranteed to be paid by the United States, used -
= sinking fund and invested IN governmsat bonds
bearing the same rate Of interest, would psy $780,
POWER OF cosaREss DOUBTFUL.
Has Congress the power to authorize the oovsted
Ruarantee7 If 1t has then power has been conferred
upon Congress to make gifts Of the pubic monsys
dividuals. Has any such power been granted by The
CONSTITUTION, or 10 II neceesay TO tho execution Of
any power that It IL gfsnted1
This railroad, when built, VIII be tho pe3vaae
| property of the shareholders. It will be military
! and post road in the same sense, and to the same
extent aud none other, that all other rsilroeds Of
the country over which tho government may 6soe-
port its mails, troops, or supplies for ressonab3s
! compensation' are mihtafy and Post roads, It u
submitted that tho power has not been ooofefred
upon congress 10 make tne United states party
IN such IN enterprise BY subscription to ~ capital
stock or more, to authorize the oonetxucon Of eA0
road out OF the resources OF the people to b made
g'1c Ill. 10 tne raairosd company.
Inc Atemps 70 derive sucn power, mo powR 70
| ouno ana Sive away fa1oaa 1rom ne pov4 70 e.
taU'sE mntafy ana post roads, ID, In me opinion OF
the undefafgned, an attempt 70 prevent the obvsouS
purpose OF power intended for the public eood to
| private ends Tho United statoe arc bound 70 Heo-
VIDE lor the general de1ence but 1t does NOT follow