Daily Los Angeles herald., 1884-03-26
THE LATEST !.
Especial to the HERALD by the Western
Union Telegraph Company
PACIFIC COAST.
Tho stock Bonrd.

SAN Francisco, March s5.-Best &
Belcher, S2.60; Chollar, Sl.30; Con.
solidated Virginia. 10; Crown Point,
81 90; Eureka Con-, $3.50; Gould &
Curry, $l.25; Halo h Norcross, Sl.3O;
Mexican. 81. 90; Northern Belle, :; Ophir,
81. .85; Potosi, rs; Savage, so; Sierra
Nevada, $3.50; Union Consolidated,
81. so; Yellow jacket. $500.
Passengers per steamer Anson.
SAN Francisco, March 25. - The
Steamer Ancon sailed to-day with the
following passengers for Los Angeles:
A B johnson, + Katz and wife, G Haven,
w II Davis, j B Foster. A l. Baldwin,
Miss Nj Il Baldwin, V M Whigham and
mother, A Porteous and wife, Miss l.
| SHELTON, II Kruckesberg, d G O'Neil,
G Harter and wife, j Henry Wise, A
Thayer.
For San Diego-W G Ralph, AS
Cohen, II l. Trip. B Hickens. Mrs.
Howard and child, L l. Green Dixon.
Judge wallace ON Railroad Corpo
rati0ns.
SACRAMENTO, March 25.-B0fore the
Joint Conference Of both houses of the
Legislature, Judge Wallace said: 1--WE
know that the new constitution, which it
was supposed would remove the bur
dens from the people, has proven to be
an instrument favorable to corporations.
Take the Southern Pacific, for instance.
1t ia mortgaged for $40, 00O, 900; its bonds
are selling above par and it ought to be
assessed at S64, 900, ,OOO Persons are as
aa.a.l nj An
more than tho face OF the mortgage. So
ought that road, yet they have com
planned to the Circuit Court Of an inju.
rious discrimination against them and
have appealed for the benefits of tho
Fourteenth Amendment. There is no
law in the State to make them pay
taxes, if that decision be law. We are
hero representing the groans of an op.
pressed people, 1t is their defiance,
their resistance to the law of the land,
that has aroused the people. l never
shall believe until am told that the Su-
preme Court of the United States will
uphold that decision; that they will
make a decision that will destroy the
autonomy OF the States of this Union.
But it is not the decision of that Federal
Court at San Francisco that will trouble
us most. There are weighty objections
that are not to be overcome by their ar
guments and hope that mere partisan
politics will be set aside"
A great diversity Of opinion exists re-
garding the probable duration of the ex.
ira session. Governor Stoneman says it
ought not to last more than ten days.
Speaker Larue says thirty. Farrell,
Sergeant at Arms OF the House, says the
session will last six or~eight weeks.
The Legislature.
SACRAMENTO, March 25.-SENATE.-
The Cross substitute of yesterday was
adopted. that the President appoint q
committee of five on standing rules.
Lieutenant Governor Dagget named as
the committee on rules: Del Vale, Lang.
ford, Mcclure, Cross and Nelson. As
soon as the list was read, Reddy, of
Fresno, moved that Baldwin and Sulli-
van be added.
Barry introduced an act to prevent
determinations aud abuses by railroad
corporations. 1t prohibits special
contracts" and forbids the operation of
any road except with State charter.
By Nicol, to amend that part of the
Civil Code relating to the issuance of
injunctions, TO the same effect as Whar-
tons bill.
House-The first bill of the session
was introduced by Wharton, of Fresno.
1t provided amendments to Sections
377l, 1856 and 37S7 of the Political
Code, relating to revenue and taxation,
to prevent the maintenance of any writ
or, the issuance of any writ by any court
or judicial officer for the purpose of re-
siraining the sale OF property for taxes
or preventing the execution OF any pow
ers or duties of Tax Collector, unless it
first be shown by competent evidence
and after notice to the Tax Collector.
that the tax for which the sale is about
to be made has been absolutely paid to
the officer entitled to receive it. Re-
ferred to the Committee on Ways and
Means.
Cutter offered a concurrent resolution
indorsing Summers Postal Telegraph
bill and directing that copy be sent to
Congress. The resolution received "a
votes.
Leverson offered a resolution for the
removal of Railroad Commissioners Car.
pohttl anu n luhiphtieo ioi ueTtlictiOn
OF duty and incompetency. Referred
to the Committee on Corporations.
Haley's resignation as Clerk of the
House was accepted and Leake, OF So.
lano, editor OF the Dixon Tribune, was
elected in his stead.
Leverson introduced an amendment
to Section 225 of Article ii of the Con.
stitution, providing for the election of
three Railroad Commissioners on the
first Tuesday after the first Monday of
March, 1885, to hold ofiice for four
years, the Commissioners To be elected
on the principle OF proportional repre-.
sentation, the Legislature TO provide
rules for their government. A second
resolution amending Section A, Article
XII of the Constitution. was also intro
duced by Leverson. 1t provides for an
income tax on corporations.
Cutler, of Yuba, resolution amend
ing Section % of Article XII of the Con.
stitution by striking out the following:
'In all controversies, civil or criminal,
the rates of fares and freights established
by said Commission shall be deemed
conclusively just and reasonable"
The resolution introduced sr--rv