St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-01-03

AVAILABLE ASSETS.
Cash in treasury. S4S2 2,475,176
Bonds issued 10 Pa
ciic railroads. in
'terest payable by L,
S., principal out
standing.... 64,623,5l2
Interest accrued not
yet paid. ........ 1885, ,7O5
Interest paid by T.. S. 6a,099,504
Interest repaid by
Companies by trans
porlation SERVICE. 19,017,341
By cash payments
per cent. net earn
lngs.. 65o,l9S
Balance interest paid
byU S...... S4S 426, 1868
UNIVERSAL COTTON CONVENTION.
In October last Secretary Frelinghuysen
transmitted invitations to all foreign govern
ments to send delegates TO participate in
universal cotton convention, TO be held in
the great.hall Of the Worlds exposition in
New Orleans, the 10th Of February next,
under the auspices OF the National Cotton
Planters association Of America. 1t is said
at the state department large number of
governments have accepted the invitation,
among them Great Britain, including India,
the Netherlands, Norway and Sweden, Ha-
waii and Venezuela. The Ma
tioual Cotton Planters association
has requested President Arthur TO appoint
two delegates from every congressional dis
trict in the Union, and also to request the
governors of each state to appoint two dele
..trs from every count. fn the Upited
nrfr ,rsn
quest Of the association, address invitations
TO all agricultural societies in the United
States 10 send delegates, and Col. c. H. Par
ker, of New Orleans, secretary OF the National
Cotton exchange, will endeayor to have dele
gates sent to all American aud foreign ex-
changes. T. c. Morehead, president of the
National Cotton Planters association, now
in this city, says 1t has long been
tho purpose Of the association to make its next
annual meeting the nucleus for a universal
cotton convention, to be participated in by
representative men OF all parts OF the world
engaged in growing, handling or mauufac-
turing cotton, and likewise inventors and
makers Of improved implements and appli-
ances used. or likely 10 prove useful in the
cotton industry. Mr.. Morehead says, while
it will include ali branches of agriculture, be-
cause it is the aim Of the association by fos-
teriug diversified industries to make
cotton a surplus money crop. He
predicts the convention will have $4,000
delegates. Secretary Frelinghuysen In his
letter of invitation TO the foreign govern
meuts said: "While tue proposed conveu-
ton is not by the statute OF congress placed
under the patronage Of the federal govern
ment, its relation TO the worlds exposition
is such as TO make 1t proper that this govern
ment should aid in all appropriate ways TO
make the convention what Il is designed 10
be, an opportunity for comparison Of views
Of interested delegates from all parts Of the
world
CONCERNING OREGON MATTERS.
In an interview tonight concerning the
Oregon matters, Congressman George said
II hope the senate will take speedy action
on the Astoria forfeiture bill reported by
Senator Slater. As it, however, does not go
to the extreme Length Of the house bill, It is
questionable whether certain ultra forfeiture
house members will allow 1t to become law.
| trust, however, the conference com mmittee
will agree to 1t. The house in conference
might insist on the provisions Of the house
bill protecting settlers and innocent pur-
chasers in small tracts. As the senate
bill is not complete in this respect,
this could be done and not jeopardize
the passage of the bill. There is entirely too
much of the policy bow not to do It's mani
tested on all bills. The senate delays in the
passage Of bill that all profess to favor, and
in the house some ultra forfeitureites, who
are loudest In talking about grssping these
monopolies by the throat, take the most care
either through extreme measures which they
know can not pass, or carefully planned de-
lays, that no final legislation be had or any
OF the numerous bills. Had those in charge
Of these measures separately reported bills
forfeiting portions Of such as lie between
Forest Grove and Astoria, aud between
Wallula and POrtlsnd aud Puget Sound, and
lands on other grants similarly situated, they
would have become laws long ere this, aud
the remaining portions be as far advanced
towards forfeiture as they are to-day"
''HoE about other legislation i''
''Our river and harboT appropriations are
progressing slowly. Ysquiua has so far only
been allowed $40, 900. This is entirely mad
eQuate, and hope to get the com mmittee 10
raise it, Early this session introduced bin
apprOpriatiug Sl5O, 600 for Yaquina, $50, 900
for Columbia, the same for locks at t0e Cas-
cades, $3.50, 900 for Coosback, SEQ 600 for
CoqueIle, and 5000. 900 for Port Oxford har-
Dor OF refage, aud other amounts FOX various
places, as recommended BY the engineers
Il possible, hope to secure action in tie
house on the bill 10 open the UmatilIa
reserve. Il viii require unanimous con-
sent, ho~ever."
To enquiries oD the Oregon senatorial
election and whether he intended TO 20 to
Oregon during this session Of the Legislature,
be said:
''No, shall try to attend ny duties here.
Oar legislature Is Republican, is composed
OF good men, aud they thoroughly under
t2nd their business, aud need no advice
from ne OF course, should the honor be
awarded ne, would appreciate it greatly;
but shah BE satisfied with tie result IN any
event As our legislators have very worthy