National Republican., 1884-06-19
rmE uN1oN rAcIrIo HALFWAY.


Letter TO tho Secretary or the Interior
from the Judiciary Conimitto la Rer-
erence 90 an Agreement Botweon tho
Road and that Committee.
The secretary of tho interior has received
tho following communication from the chair.
man of tho senate Judiciary committees
JUNE II, lsS4.-siR; III regard to the matter be-
Railway company arising under tho act OF 1878,
and which the committee on the Judiciary of tho
senate had had for some time under oonsidera.
ton, have tho honor TO inform you that the
committee hSs this day adopted the following
resolutions
"ResolUcd That this committee will postpone
until the first Monday In December, 1881, tho
further consideration OF tbo matters arising under
the act Of May 4 1873, relating to the Union Pa.
cine Railway company, &c, u tho said company
Adams as stated IN his communication dated
June is, 1884, addressed to the Hon. George L.
Hoar, and on the express understanding that
this action of tho company aud of the United
States In receiving the money and security in said
communication mentioned shall have no effect
on anypenelty or forfeiture or other right OF the
United States incurred or arising, or to occur or
arise, against the said company, or any Of Its OIL
GERS but that al rights penalties aud forfetnrcs
shall stand rs IL these acts had not boon done"
Which send for your information, together
with copy of the communication Of Mr. Adams
10 Mr.. HoAr retorred to in the resolution, Re.
specially, GEO. +, EDMuYDs
Chairman of the Committee.
Tho following is the communication re-
ferred to:
wAsHlNeroN, Juno II, 1ssl.-HoN. GEORGE f.
HoAR United states Senato-Dedr Sir Referring
to what passed Mt your meeting with certain dl.
rcctors of the Union Pacific Railroad company in
Boston on the 10th Instant. would state that the
fOlOwinB was there prepared IA the basis of tenn
porary settlement with the government, pending
action OF the courts on claims now in dispute;
]. No further dividends shall be paid on the
stock OF the company during the current year.
2 Until the questions now pending in the court
are decided aud asettlemeut between the govern
ment and the company effected tho government
shall retain in the treasury all earnings now due,
or which may hereafter become due, not only on
the subsidized lines OF the company but also on
the nonsubsidized portion of its lines specified in
Praeideut Dill Ions letter Of June o. addressed tO tue
secretary of the interior
D. Saving all It's legal rights on points in litga
uon, the company Will forthwith pay into the
treasury on account of the sinking fund the sum
OF Nlo,Sl4.6O, being tho amount demanded by tho
secretary OF the treasury rs payment under tho
Thurman act for the year ending Dec 81 1883
said sum to be treated as n payment on account,
should more hereafter prove to be due to the
government, ana rs payment In advance of
amounts in future TO become due should less
prove now to bo due.
July 20, 1851, shall DO carried TO the credit of the
sinking fund, as sot forth in President Dllons
letter OF juno 8, 1854, already referred TO-. The
ABOVE proposition, IL is submitted, afford the
government ample security for payments which
shall become due when The matters at issue in
the construction of tho Thurman act shall have
been decided by the courts.
| According to the contention of the company
(supplomental statement June G, page 5), the bal
| ancc now due which this proposal would leave
| unpaid, supposlng the demand by the secretary
OF the Interior was otherwise correctly computed,
would be only 500, JAG. AS security for the pay
ment of this sum the government holds in its
hands the adjusted lunadiudicatedl though in
large part not disputed claims OF the company
against It, to the amount of 81, 800 40G and also the
amounts assumed TO be due for services rendered
on tue subsidized portion Of its lines, which will
before the close OF the year amount TO some $780,
000 have the honor to be, &C.,
CHAs. i. ADAMS, JR,
Director Union Pacific Railroad Company.