New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-20
TIE PACIFIC RAILROAD BILL.

rur House PASSES IT WITHOUT a DIVISION
W,sTINcToN. June 19.-The House yesterday
tegan consideration OF the Pacific Railroad oi Ano"H
- 80 r,rrnan Amendment bill The bill extends the pro-
,sions Of the Thurman act to the Kansas racine Con
- che stony City and Pacific Company, and 10 tue
c,r branch OF the Union Pacific Company; IL alIo
the investment Of the sinking funds o. al the com pd'
IN their own first mortgage bonds OF any Chl'eu 7''
bond. or securities their Application 70 the e1uhssl
,oent Of the interest the subsidy oondsi u
,irs of the annual compensation for Govern
men, rvces 10 be carried 10 the sinking tund ana also
,be animal psyment into the sinking fund OF the ioo"
ing sums: BY the Central Pacific Company ana the
Union Pacific Company S2OOOOOO each Oy tie h2ns''
pa conpapv $500 900; by the Central Branch OF the
t-ainn Pac1c Si5OOOO 10y the Sioux CITY and PaclAG
Company, sI5O000;or as m9cn OF adH sums sd as H,n
~ as Der cent or the net earnings OF the IespecVFe
@ nav the interest on the first mortgage bonds
tbe amount necessary for that purpose may %
w M corepanies are required to pay into their sinking
,s IN or hefore January /, 1885, the foIOWlhs SUMS
ness the amounts due 10 them Tor GOyeILeat g. 80
We 49,. P,ciae 50 100000; the Sioux CITY ana
Psefc and the Central branch OF tae ,,Srbds
49, nsymsnt Of the dividends while the companies are 10
default in respect OF THESE s ep 81 to the payment
OF the subsidy bonds az maturity and lun1er ~
ar Inc 10Th Section declares that the failure on tno
nart OF any OF tho companies 10 comply WIN Of
g,irenenfs FOR six mouths shall operate az forfeiture VI
tnT s 1IS.ttate offered by the minority OF the Paeig
NANNE 49,.
.ht ,e "a the Government by the Issue OF the eOn
s. ~ q ner cent sixty years redemption DonIs -
Paanie. dehste Nr Thompson, or KENTUCKY oHsIt9 az
Amendment making the aggregate pay nieH' A04 -
the compauies per cent instead OF %. -, tho hin
nm Tie House met to-day, consideration Oh Ie ~
WA, resnmed and Mr. ThOmpsOns ane as @ 10
agreed TO- The question was then TAKEN Vh 'ns mummy
bill aud II was rejected. "a 60 rocoroy,tt the hin
Mr. Hewitt OF New York, moved 20 recoinhie IL
with instructions report by the tnlrd M9hay ~
cember bin by which the sinking Iuns % VIZ ,bot he
pies shall be enlarged by additional payments 30 SD -,
debt dae 10 the Government may be surely paln al s
tnrty. The motion 70 TecOmmit was TeJeete0 y" :"
The 0ili was then passed without division
THE BROOKLYN PUBLIC BUILDING SIZE.
WASHINGTON, June 19.-In the House Mr..
Uopkns. from the Committee Budings and Grounds,
reported resolution that the charges OF corrupt or
eolnsive action the part Of the Secretary OF the
Treasury OF his su5ordlnates. In con-
neeon with the selection and purchase Of site for the
Federal building Brooklyn, not been sustained
Mr. Dibbe, a member Of the committee, while concur.
ing Ia the report considered the price paid the site
Mr. Young recommt the report This motion brouKh,
cut protest from Mr. EiOcuIn that would throw the
until and that the halls OF the
Capitol had been crowded with the agents who
had other property SELL aud who had used Mr.
as tool 70 offer the resolution which he had offered the
ton The motion recomInit rejected and the
luton was adopted
RANK OF NAVAL ACADEMY GRADUATES.
WASHINGTON, June l9.-In the Senate Mr.
ncPherssn. from the Committee on Naval Affairs re
ported fayorably the bill to eauaze the rank OF gradu