Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1882-07-09

amount Tor agricultural po1posss.-
Qussticn-"WkeEher q sale nnds,
foreciossd mortgage included patented
lands;'
Answer-"No.''
| Question-"How many acrss OF land
were disposed Of, and howY-
Answer-"Seven hundred and ffty
| thousand"
Quession-"Has there been any con-
struction by the Company since 1875,
and is there now?"
Answer-"None By the combination
OF directors or stockholders, or of profit
to them, and all rolling stock and sur-
Plies have been purchased in open mar
ket for cash."
Question-How many acres have been
sold for preferred stock sincs ls7.f'
Answer-Tw0 million and six him.
dred thousand scres." This answer
was followed by . long argument, and.
while claiming a big success in that
matter, they attribute to depsndencs
upon their ability TO keep good that
part Of the security underlying the gem
eral consolidated mortgage represented
by the land grant. Gray urged also
that the land grant under charter could
not be forfeited except BY act of Con-
gress. and that az they would complete
the road within one year, they hoped
Congress would not pass an act dsclsr-
ing tho grant lapsed. The Committee
spent the entire meeting hearing Gray,
and postponed the matter till next Fri
day. Members of the Committee say it
is impossible at this iats day of the Sos
sion to act on it, and the matter will
most probably be postponed till next
winter.
Tho Fast Mail 0aestion.
Sr. LOUIS, July S.-A special to the
Gtobe-Democrdt has an interview with
Willard s. Lowell. Of Cleveland, Super
intendent Of this railway mail service,
Ninsth District. Lowell was questioned
concerning the agitation of mail time
between New York and San Francisc- :,
has recently expressed his desire to Go
40. Said Lowell, speaking to that effect
at dinner given him Is! Chicago by the
Board Of Trade there: 'But / don't
know Of any move to do 50. Il would,
Of courcs, bs necessary TO confer with
companies. and negotiate with them. as
the increased speed will call for cutting
of cars on these particular trains, rs
well as add to the expense Of running
them. "WhAt do you think the future
has in store for the time between New
York and San Francisco?' "I expect
to SEQ mail connect from city to oity in
three hours and half. 1t now takes
SEVEN" What q difference this would
mako to business. II tho Bank Of Cali
fornin should send draft for $1,000, :
900 TO New York, they could have the
use Of the money three days longer than
they do now. Then business man
sending cash from one place to another
to meet a business obligation would
get some benefit. In simply the matter
of business tho amount saved would he
beyond belief.
| Proposed Reduction.
WAsHrSHroN, July s.-The chief topic
Of conversation At the Capital today
has been the action of the Senate Re
publican caucus last night, which de-
cided to mako amendments to the in
teYnal revenue bill that will. if adopted.
reduce taxation ia the neighb0rbood Of
$lOOOO,Oco. Il was currently said in
dispatches last night that the Caucus
had decided to reduce the tax on tobac-
60 to the figure fixed in tho House bill.
SENATOR Cameron, Of Pennsylvania, and
Malone, Of Virginia, are the only two
Republican Senators who have declared
in favor Of large reductions in the tax
ON tobacco. There may be other Re
publican Senators who will vote to 70
duce the tax. and Mr.. Beck has ex-
pressed the hops that tie amendment
proposed by him today, fixing on tobao.
90 at ton cents, will bs adopted. He
has no idea, however, that the Senate
will agree to his other proposition TO re-
ducs the tax on whisky to fifty cents
per gallon The decision Of the Caucus
was to reduce tho tax on Bessemer rails.
from $25 to SO per ton; to abolish Z
duty OH all sugars in addition to exist
ing rates; to adopt the amendment i'm
posing tho same duty on every article OF
which hoop iron is its chief component
part. While there were some differ.
cnces Of opinion in the Caucus ~ to the
changcs proper to bs made. IN the end
the resolution providing for tho reduo
tions named above Was unanimously
adopted. The revenue bill, a. it passed
the House, was not at all satisfactory to
western Representatives. They dislike
70 be Obliged to defend the charges thai
the Democrats were certain TO mafe the
statement on the stump that Congress
had simply abolished taxes on banks
and had done practically nothing fol
the people. II was said at the time OF
the caucus that if any reductions wsrs
70 Re made something more should bt
done than the House proposed. IL val
avs.rsd that manufacturers Of Beess-
msr steel rails said they could endure
reduction in tho rate Of duty on t6~iI
product, aud that tho Tariff Commits
sion would suGRsst considerable -
duction in the duty ON sugar was con
sidered as assured. Mr.. Beck had pro
posed 10 reduce the dnty On Besasmel
rails $l4 per ton. and The Republican
Senators believed, il NO understanding
was reached on the subject by the ma
jority, thar Beek's amsudmsnt would
Be adoptsd.
Dsshenese 0eskkeepeR.
Nxw YosK. July 6.-0ould H. Thoip
dealer in provisions viii b unable =
I->H k;s nr<~U>rnanff rhn axahanc<