The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1880-05-14

THE MADEIRA AND MAAoRE RAILROAD
IN CONGRESS-. -Fhe New York World of
Sunday last contained the following special
dispatch from Washington
WASHINGTON. Nay s.-The memorial of T. S T.
Collins contractors Tor building the Madeira and
MamOre Railroad which Mr. Bayard introduced
in the Senate and Speaker Randall in the House
Yesterday and also from their creditors, asks
Congress TO pass joint resolution requesting the
President TO bring the matter ALLEGED In their
memorial to the attention Of the Engllsh Severn
ment and instruct the Secretary Of the Treasury
to give public notice that the Y United states bonds
in the Bank Of England. bcing the trust iund
Tor the construction OF the railroad will not be paid
until their rights TO the fund are respected and
asks for such other relief as may be due them by
reason Of the that American citizens thetT
rights and property are being Jeopardized by the
hostile action OF the Goycrnmcut OF Bolivia at
TEMPTING 10 withdraw a concession and grant Of
money upon the faith OF winch the contractors
agreed to build the railroad, ard have expentei
their money. 1t is claimed by the Collinses that
when they entered into their contract 70 build the
railroad the fund then and now the h8nds of the
trustees had been, by the decision ol the English
courts made applicab BILE to the construction Of the
railroad and that all litigation had ceased. The
decisions Of the not appealed from. and
thev advised by counsel Ia England ana IN
The Tinted states that 50 far a. the money then in
the trust concerned they were perfectly safe in
making the contract and cNpeuGluE their money.
rhe railroad rOruusuy exacttug security for the
faithful peri iruancc Of the contract in the OF
s.UtoCO United States bonds. which the CUllinscs
1lfoepi IN the hands of parties mutually agreed
upun. The contract when concluded was published
In the newspa Vers OF England and the United
States and no legal steus were taken 70 warn
work dono The first notice they had was
whom the first certificate was presented iOT pay
ment. The holders of the bonds Of Bolivia enJOin-
cd the trustees and Madeira and MHmure Railroad
from applying the trast fund TO the payment OF the
certificate. That was held before Ustice Fry,
aud after the boudhoIters' case, without calling
the defendants 60 plead, decided IS the Master Of
the Rolls lad decided ON former occasions that tlc
fund was placed for the construction Of the railroad
and could not be diverted from it. lie dismissed
the case and ordered The plaintiffs to pay the costs
and the trustees 70 pay tie ctr.thcat". This do
cision was appealed from. and the bondnolders, II
was asserted, used the English press 10 create
prejudice and influence tie public mind, and this
10 such an extent that Lord Chief Justice James
characterized the companies as shan companies
ana debts due thecCnLractOrS as SHAN ODiiEa-
tious" The Court Of Appeals reversed the decision
Of Justice Fry and ignored all the former decisions.
Their decision was appealed rom and 10y the com
paHy carried 70 the House Of Lords, and they have
recently affirmed the decision OF the Court of Ap-
paals ana have ordered the trustees % give tho
holders OF the Bolivian bond the funds. The CON
tractors have not been heard in their own behalf,
and ask that Government interfere until their
claim FOR their expenses and liahll tte7 Y
TO nearly q million OF dollars, can be heard. They
have the numbers of the bonds cUiHpOEing the So
~ 500 now in thc trust, which they intend fur
ulshiug the Secretary Oi the Treasury, they s!c-
ceed Ia passing the resolution which they ask Tor.