The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-04-15
THE KAUFMAN ACT.

WARRINGTON, April IL Press l-Tht
Sub committee Of the house cjmmiil-e o.
Pacific railways, to which was referred o
bills TO amend he Thurman sirklng. iuud
oct, have prepared q mi ,r,ty sud mi1or ty
report to be gu omittsd % the full olmmit
Tee Tomorrow. Tue former Is sgned py
l0ctsn and Wilson, of Iowa. and he latter
- thompson. la each instaooe u new bill
be suomiitsd. The mea,u prep sred
the maj )risy pioposts to txlend the
visions OF tue Iaurman got To-
b Kansas Pacific railroad. IL
further provides tnat toe secretary
Of tho treasury shalt Withhold from the
Central Paclnc, Union Pacific, Kan
Pacific, Ceatrai biancn OF tse
citic RAILROAD cImpsuiss oil pay
IA foe services wnicn msy hava
/ rendered or may o. hereafter rer-
III by any or oil OF said companies H.
transportation OF mails, lroOp, and
jnitons Of war and puDli1 stores i1r the
vernmept over any p1rtions OF liusa
Rned ny said comDsuie, respectively, not
tided or subsGiz 81 by bonds vi the
United States aud hat upon either Of said
companies hiing with tao secretary Of the
treasury OF its written couse and agree
Aent that The o, crttary ci tas treasury may
Fitnholj said pay fuenis dna aud u become
Que hereafter Tor teryicss 81 rendered. and
10 be hereafter re0der q, upon uog-rald,d
portions Dl tue liue 50 ONuct, tnc secretary
0f he treasury il 9u hViiz5l aud oirt cted as
B consideration D the ugrsemrnt 10 SLOW
the c)mpaaies' Interest upon psYmeut5 e.
Eithhe d from the time ihey %, come due
the companies AZ the rate vi J per cent
per annum ana allo y ihe same rags of iu-
tersst upon payments hereai or withheld.
Ths secretary thaI Keep 4 rap, rat. BccJunt
with eacn OF 'ho cJmpauies OF the mOn.y
Al .rtfr hall n nd ~ Its "a q
with the inierss allowed on the same, Au0
Sn the hosl SO Il, III cut with tho companies
they shall ue s,eUtiu y credited with
the amount Oi mODey 90 withheld
from them and tho I, t-rest thereon. TUE
bill iureher provides that the sec ttary Of
the treasury shalt no auth ed 20 iaves,
tho sinking fcnd OF any company la frst
mortgage bobds " any OF said cJmpanies;
Dr., with the c3nsent OF tue com panies tue
tecretary Of the ife,sury msy al on them
/ per cent. iJterest from he time
8f payment into the shaking fund. Ia
the report acc mpsnvi the above the
majority ray Ia pr: rnd rnufmal act
teens TO US TO D. the beat yet a. vised Tor
The protection OF tina intsres.s OF tls gov
eminent Ia iis relation 10 here roaip, and
Ne have ,houehs IL best t. acc unon the
kdNoiples upon which H. sas pasprd, ana
bply IL ~ far as PRACTICAL ID just TO
other road, md Lot MAX any
hdmeAts OF 10 which would m Ike CON-
1ies disposed TO aga,n test | g cons,itu-
Yonsli,y. Tho duancs! c1nd in Ut the
Kansas P &C tic is such We I ell ju ltied ia
lnBisting that the rhurmaa act ha bs ex
tended to it. Ynd that II snail ne :. q hired to
bay Is per cent. OF us net trIiuRs The
Ar,e ss rprrral' p.cific amt Union Psc fi1,
the sinklrg f1nd. rhe COMMITTEES Is
opinion That lbe government has
righ, 10 retail conpensa'
Ia for the transport alton OF nail, troops,
TO-, over non oided portions OF The roads
ynd tn settle ihe controversy wnicA exits
bet ween the government and tnos, com
bRnies inserts tho section providing that
Upon the companies Il ing their oDnsen. To
the retention OF such compensation tue sec.
tetary OF the treasury shall ALLOW intsrsst
Upon the amount o retained. rhs ques'
Zion Of dedrc'ii the amuunts paid for new
equipments from the gross earnings /, con-
Bidcred by the commission as q Judicial
character aud no Gten ut is made 10 iegis-
la