New-York tribune., 1878-11-11
RAILROAD ACCOUNTS.
THE FIRST ANNUAL REPORT OF THE AUDITOR-CoM-
MENTs on THE GREAT PACIFIC COMPANIES.

MENTs ON THE GREAT PACIFIC COMPANIES.
IBY TELEGRAPH TO THE TRIBUNE.I
WAsHINGToN, Nov. 1O-The first annual report of
the Auditor of Railroad Accounts was submitted to
the Secretary of the Interior yesterday. Although
the Bureau has been IN operation only few
months and many of the railroads have refused to
furnish the information required of them, yet the
facts gathered together will to give the public
much valuable information about the condition and
operation of some of the more important railroad
lines in the country
The Auditor recommends that Congress au-
thOrize the Central Branch of the Union
Pacific in Kansas to continue its road to
the junction with the Union Pacific at
or near the Tooth meridian; and that in place
of loan of credit and grant of lands it should be
entitled to grant of such per mile as Congress
may determine. not to be repaid by the company,
but that the mails of the United States shall be for
ever carried over said road free of charge He also
recommends that the Government directors of the
Union Pacific Railroad be appointed Government
directors Of the Central Pacific and the several
branch railroads of the general Pacific Railroad
system.
The following is the Auditors statement with re-
gard to the Union, Central and Kansas Pacific Roads:
IL Is impossible to give that exact and COM
pleto statement Of the affairs OF the companies
snected wh II Is ultimately designed TO
companies Is tabulaed in the appendix under appro-
pirate heads. The ncOmpctenesso OF the reports renders
formation furnished upon the interests OF the Govern
ment out the question at this time. Much patience
cOmpDnes affected would comply with the law without
resort being had to the penalties prescribed therein and
lIgent communication with the Government and the
people BY which tue statement OF their affairs, Their
luvcrsity prosperity could be made was all that was
required In order that they might be treated with fair
ness aud Justice by the law-making power.
Tba Tpfu Dtglflc ny commenced
TO render ports called for, but under reservation
y ayce % oil ths[ law Ser % T % o be re Of
the company containing this reservation u gwen Ill
appendix F." The directors have consented to submit
TIE books records OF the company 70 inspection,
whic has partially done In the Office OF the com
his report has been so veritcd Tne questions regard
ing the cOnsuutionallty Of the sinking Fund Act,
ihe constltuiionalty Of the act creating this
bureau the rate OF compensation for carrying the
malls the disposal OF their lands IN connection with the
Dudy ymOntt dccsiOn 10y this department, the So
called discrimination against the Kansas Pacific Rail
way Company, the date OF the completion OF the roaG,
the constitution OF net earnings IN connection with
matters connected with the Credit Mober and the con
questonably may be still the of much ex-
sn haT To SS ocs % Srss on
money TO which they may he equitaby entitled but
ths yanaSe properly under It's control the
tainy around ~ bat Tor an tis ana ana d maSn
sessOrs and their iieiqus spirit Tnis company,
being fuIly able to comply Win Tue 81 ,o
conceal In it, prcse management or affairs, us ac-
couts as now kept being In excellent condition, and ts
affairs under the MANAGEMENT of able officers. would do
itself much justice by acqutscing In all the re-
uuircmcbts OF law tnan It viii 10y nterrosng litigation
al every stcp, while on the other hand
tho Government IN spirit OF equity ana
fairness s well OF self interest, cannot well do anything
Inn la!l tend disrupt not conserve this great
mon, rty ior the use Of the Government FOR tue great
yufdgc- il confer, upon the Nation, ami for the ben
Ell OF r',y !rd -, ITS enirrpri.ing owners.
ThC Central Psciiic Railroad Company has not COM
u,d with ihr law and cert catcS as To ther neglect 30
iodn lave been supmijtcd, aul VIII he hereafter sub
nilcd i0 time u time tn the secretary Tor proceed
ne. tu be MS ucd iOr ,uch neglect No reports have
IA, en- urul he'd tns Office under the law. report
r,ndrr,t under Sr"'iOn 20 OF the Act OF
Isg and under the Act OF June -, 1858, which have
/, ~ rep ard was received by the Department October
1S,N aud referred his office. 4 great discrepancy
apmarIng between the sworn statement OF the
ncsilclt ~ the company, ana the one made up from
hc gurcs given IN tue printed report 10 stockn0lder
,u :, II anaiuplHa as ca led for. ' question arises III
crr 10 fhIs company 10 tue right they may or may
ni have 10 lease hundreds ~ miles OF another road in
witch their own stockholders the principal owners
and TO pay Of dollars for the privilege OF opera
the
I'm regard 10 the regulation OF rates for transportation
section Is OF the Act OF 1862 before alluded TO-
ess 10 prcyeut any Interference unless Congress shall
- it To order inquiry and invesilgaon, WIN tue
requisite power TO send for papers ana persons