The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-11-22

gulf Of California. in latitude o. the completion
OF the Sonora railroad and the Guaymas branch
OF the Atehison. Topeka b Santa Fe railroad.
having opened up this new port on the Pacific
coast The new line. besides developing the
mineral wealth ofthat portion OF Mexico through
which II passes. IL expected 10 insugurate an
important commerce with Australia and South.
ern Asia by shorter route than the present
FOR the completion Of this great enterprise the
country is indebted almost entirely to Boston
capital and energy.
The Railway AGE, of Chicago, charges the
Texas legislature with being the indirect cause
country. Ii says When the Legislators of the
state OF reNas-a state which, OF all others.
orght TO be reasonable with the railways-passed
the law reducing passenger fares to three cents
per mile, they probably did not imagine that
they wore reducing rates for the whole county
Nevertheless, they have had this effect to some
extent on transcontlnental business, as on the
Texas 4 Pacific road the sum of the local rate
from leXarkana 10 FL Paso is less than the pres
ent Though rate. Alta meeting of general PISS
seAger agents Of this road and the Union Pacific
Cor trail Pacific and Atchison, Topeka 4 Santa
Ft, which was held in this city few days ago
i was concluded that TO meet this difficulty the
Pacific roads would probably have 10 accept s.
less than their present proportion of slOoon ,sl-
ltornia passengers, although the matter was no;
finally decided "
Under the Thurman bill all that the Union
Pacific Railway company has TO pay 10 the gov.
earnings OF the main line from Omaha 10 Ogden
-l,0i9 miles-which up TO this time has never
exceeded 81 OGtU0 per year, and 1t has been
paid under the following section OF the Thur
man bill: That there shall be carried to the
credit of the said fund, on the first day Of Feb
ruary in each year, tho one. half of the compen-
sation for services nefeinteiore named. rendered
| for the government by said Union Pacific Rail.
road company, not applied In liquidation of In
forest; and In addition thereto the said company
shall, on the said day IN each year pay
| into the treasury to the credit of said
sinking fund the sum Of $4,000, or so
much thereof rs shall be necessary to make
| the b per Centnm of the net earnings OF
| its said road payable to the United States under
| said act of 1862, and the whole sum earned by II
! as compensation for services rendered for the
| United States, together with the sum by this
sectiCn required to be paid amounting in the
| aggregate to % per oentnm OF the whole net
earnings of the said railroad company ascer-
talned and defined as hereinbefore provided,
for the year ending on the Slst day of December
next preceding
The earnings flom the government on the T.,
Coo odd miles OF road owned by the Union Pa
CihC company, S,0G0of which do not come under
| the provisions of the above act have up to this
| time been sufficient TO pay the government foT
all the demands upon the company under the
provisions of the Thurman act The govern.
ment business on the branch increases SO much
faster than the government business on the
main line OF the Union Pacific that in all proba.
hllity. until the debt Is wiped out under The ac
| ton of the Thurman act, the payments of the
| government TO the company will exceed those
of the company TO the government