The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-10
JAY G0ULD'S WATERLOO.
OYER TWO- THIRDS or THE SENATE
FOR THE THURMIN BILL.
All the Efforts Of the Lobby OF no AvRii-The
Closing Debnte-Bininc IntcrruptS-rhc
vote-New Currency Bni.-The Taria Bni.

All the Efforts Of the Lobby Of no AvRii-The
Closing Blaine IntcrruptS-Thc
vote-New Currency Bilis-rhe TRria Biii.
WASHINGTON, April On the Senate the
Pacific Railroad Funding bill came up as unlln-
ishcd business.
Mr. Edmunds Rep. VT argued that the rail-
roads were not entitled to extraordinary con-
sidcraton. and that the Judiciary Committees
bill was constitutional. Tho words Of tho act
were that not less than five per cent. should
be paid in. Did not this. coupled with the re-
served right to alter. amend or repeal, imply
that more than five per cent. could be required
to he paid in ? He defended the definition OF
net earnings given In the bill. II the corpora
tions should succeed In breaking down lcgisla-
ton at this imo II might be that the voice OF the
people would be heard and affairs placed in the
hands of impartial men, 1t was possible that
the stock might pass into tho hands Of foreign
holders. who might bedcvil the roads and bring
about state Of things where there would be no
net earnings. the interest Of the first mortgage
bonds would not be paid. and all would go down
in value Yet Mr.. Blaine. In tho innocence Of
his nature. surprising everybody was ms honest
az himself. would fold his hands and allow him
self to be put into n bag and placed in the Gus
| tody Of the Union Pacific Railroad
MIR. Blaine rep, Mel. intcrrupting. said the
senator had referred to Jay Gould. and had
| said -
Mr.. Edmunds 1 have not referred to jay
| Gould or any other individual.
Mr. Blainc-The Senator referred to stock
holder who hold a large quantity Of stock and
| who was painted blaclcr than he really Is.
Mr. Elmunds intcrrupting. said that there
were many men who were not so black rs they
were painted. There were Senators who were
not So black as they had been painted IN con-
nection with stocks. He had not INDUCED
| in any personal references; he rare
| ly referred to individuals by name.
| Recurring To- the proposed amendment. he said
| that il would cut of all the net earnings which
were due from the time tho roads were built I:
| there had never been n dollar paid in on ne.
count OF net earnings, although the companies
| had been decl trng large dividends. He argued
| simply defined what the law actually WIS. and
that it had no barring on future, legislation.
| Mr.. Blaine offered To amend his amendment
| by adding proVso that the annual amount To-
be- paid in adj lition to net oarnings and on"-hnlf
and nothing therein contained shall be con
strued 50 as to waive any existing claims OF the
| Govcrnment against the roads
| ment proposed by Mr.. Blaine. and asked Mr..
| Thurman If he did not think that the present
| bill made the Government secure against loss.
Mr. Thurman Dem. Ohiol replied that he did
| not
Mr.. Voorhees, asked why Mr.. Thurman did
| Mr.. Thurman said that he did not because he
| could not get such n hill through this senate
beyond the constitutional limitations. He
| hoped the amendment would he adopted. The
| scenes OF the past four weeks about this Capitol
| should not be- repeated IL they could be avoided.
Mr.. Howe Rep. Wis. said that when the com
! panies should refuse 20 secureth the United States
| against loss It would be early enough TO discuss
| the question ~ reserved rights.
Mr.. Eaton Dem, Comm said that under his
| obligations Hs q Senator he could vote for
neither Of the bills proposed. The Judiciary
| phi asserted power that did not belong To the
| legislative branch Of the Governments God for
bid that he -Nnul1 To IN q
tencc of Congress. No Senator had dared a.
charge that senators had been brlhed; hut init
nations had been thrown out which were taken
NJ and magnifed 10y the press He was willing
To devote himself heart and soul g. bring about
a COMPROMISES between the Government and the
Mr. Mt hcll rep. Dragon, contcndcd that
under the decision OF the supreme Court sink
ing fund could not be created without the con-
sent OF the companies.
The Chair laid before the Senate n number OF
House bills, including that 10 place the name OF
Gen. Shields on the retired list.
Mr. Gordon dem. Ga moved immediate ac-
Mr. Edmunds objected He would no, single
out single individual TO help the House out OF
Mcs.rs. Hill Dem. GA. Sargent tRep Cali
AMI All son Rep. Iowa. mai' speeches.
motion 70 adjourn. 10y Mr Iatt'fs9n lhep
;. c. was dcicated-ycas ~ nays jus iol-
lows:
yr,,-Ne..r. Ap,~,. Rarnum s,n,. h,e.. c,p,ro
Nrs,g ygi' i,.tt.1 l'''''.o', hi' S''g'"t S'at','
nN.rs-Me,Ssr. An0..s Arm.'rons, Bailey Bayard
DaNi. Ill. Da.l. ~ vai. Efnnaf. Eu-t, Garland
Mcdonald N Ni,a, ,N.l'h,r,oq NaNc,, N,rrimun, ,Nor
sa 5 c -, l ka9do kan,gm SS,'g ihnr
Mr.. Thurman then closed the debate. H.
said that Mr.. Blaine's amendment proposed I,
make law that should stand for twenty Iona
years; and II proposed 10 - furl Ter, and sur
| render the power TO alter, amend. or repeal
For many. years the roads had sought this sur
render; but this was the first time such
| PROPOSITION nuu been made 10y "a senator
The amendment Of Mr.. Blaine was then re-
lected-year, %; nays. 80. rs follows:
NEAs-Mes.rs tR,s,a. Barnum, B,me Bte,. Onoro
'a,' a l%,iS Ti S'' R ' f a.' ho S. ysa
,,Nws-Ne',rs Awh,sg., Armstrong, Bailey, ,BayaTh
n,,i, III paw. ~ Vsi. fiasas Garland. t;ro,cI
a 1s@S ax kSr9 4h@a a MsSr5y Se
, s"paGn Neo SSg,S%,y in l9Gre"" "@
Mr. Thurman's amendment providing for M
endorsement Of the sinking fund bonds 10y tn
Secretary Of the Treasury was then adopted.
Messrs. Sargent and Chaflec, saying that
was evident that all amendments to the b'l
: were to be- voted down Withdrew their respc t
tive amendments.
The question then REQUIRED on the passage n
the bill. upon which the vote was yeas 40. nay
, | -. us follows:
YsAs -Mes-rs. Aahong Armstrong. BAILEY. Bayar
Beck, B,ah. Barsti, halter. 0rtn,p. cockreIi coke
Davis lil. Davis ~. Va. Ehuaa',. Eu.u. Garlau.
Grower Harris. Hereford Johnston. Jones lFa1 Herman
Lamar. McCr,ory. Mcdonald. Mcrhcrson, MANey, Mcrr
mon, Moran. olF'g Irro0o", Pl,nb, Ransom. hi1H
salisbury Thurman, Voorhees,, Uotel, wallace
! Wn"ta-4n
N,Ys-Ncssrs ARon. Barnum, MUM, Rrur,. Onlr.
Dennis Do.eg, Eaton, F,,V Gordon. nan. R'iqg w.
hsr Mth-p, Prtt.t Randolph. Suy''t Sumdo' spoo
-lg Republicans m italics
Tho senate took up tho bill ropoaling In
- Bankrupt act and, pending consideration, ad
| IOurncd.
. House of Representative.
Mr.. Wright dem, Pa offered n concur