Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1885-04-01


capacity.
/ William Lang of Texas, to be Consul at
| Hamburg, is vouched for by the Texas
Senators as man of ability, with special
qualifications for the appointment. lie
has resided in Europe during the last four
years, with his headquarters in Hamburg
as immigration agent of the Southwestern
Railway system. He has been member
of the State Senate, was for five years Mas
ter of the Texas State Grange, and Just be-
fore his departure for Europe came within
a few votes of receiving the Democratic
nomination for Governor OF Texas.
H. p. Kernochan, the nominee for Naval
Officer at New Orleans, is sugar planter
of Plaquemine parish. He was formerly a
merchant of New Orleans, and Conteder-
ate officer during the war.
J. r. McCfraw, nominated for Collector of
Internal Revenue in West Virginia, is a
prominent lawyer of Grafton, W. Va. He
| was recommended for the place by almost
the entire Congressional delegation of that
State He was the first West Virginia grad
uate of Yale College, and Il schoolmate OF
Senator kenna, and their friendship Is still
rs close as in boyhood days. He IS de-
scribed as brilliant young man.
Charles W. Buck, nominated for Minister
to Peru, is u lawyer of Midway, Ky, has
never held public Office, and has not been
prominentin political affairs. He has been
for number of years a close student OF
Peru and its history. and is a man of ex-
cellent character and attachments.
Senator stanfor,'s Hospitality.
PHILADELPHIA, March 31st-The Press
saws Senator Stanford begins his career
as statesman by inviting the Senate Com
mittee on Naval Inspection to go to Cali
fornia in his private car at his expense and
live for Il month or so at his magnificent
family residence. If this is sample of
California hospitality, there will likely be
a robust call from the Senate for lot more
of it.
Capital Notes.
WASHINGTON. March 31st.-The Post
master-General has decided to remove J. +.
Crawford, Superintendent Of Foreign Mail
| Service Nicholas NJ Bell, of St. Louis
will succeed him.
Charles F. Hanlon, W II. Mills and
| Thomas Williams, of san Francisco ar
| rived here yesterday.
The force Of the Bureau OF Engraving
and printing has been reduced by 81 men,
because Congress failed to make the neces-
sary appropriation to increase the quantity
of United States notes furnished the Treas
urer of the United States for redemptions
and exchange.
The Postmaster-Generai has appointed
Nicholas NJ. Bell, of St. Louis, as Superin-
! tendent of the foreign mails bureau.
Secretary Manning has appointed Eugene
! Higgins, of Baltimore, Chief of the appoint
ment division of the Treasury Department
The Secretary of the Treasury has desig-
mated the Collector OF Customs, Surveyor,
| Naval Officer and Appraiser Of the port of
| New York, Il Commission to examine the
question Of the drawback allowance on
| l. : No If
plants that the present rates OF drawback
are excessive and unjust.
Secretary Manning has instructed the
| Superintendent Of the United States Mint
at Carson City to suspend coinage opera
tons until the beginning of the next fiscal
year July LIST. and reduce his force accord
| ingly. The Mint will however, remain
| open for the receipt Of bullion from de
! pOsitors.
Samuel Wilson, ofSan Francisco. a warm
| personal friend of Judge Field, was, ii is
said, rendered the nomination OF Minister
| to China, position which he declined.
At caucus of Republican Senators 10
! day a decision was reached to resist remov-
ais from offices which have a fixed tenure
| by law, except for cause, until the eXpira-
! ton of the term.
In regard to Pearson's appointment the
situation may be summed up tersely IL the
| language of q prominent member Of the
| Democratic National Committee: 1t Will
send a cold chill down the back Of every
Democrat from Maine to Texas"
Central Pacific Road Leased.
New YORK, March 31st-Your reporter
learns on undoubted authority that the
whole line of the Central Pacific and its
! branches north of Goshen have been leased
! for ninety-nine years to the Southern Pa
citic Company, the lease taking effect on
and after tomorrow, at a minimum rental
of 81, 100000 per annum, and so mitch
more as the surplus earnings may Justify,
up to s., 100000. The transfer includes the
! Central Pacific leased roads in California.
| The reasons set forth in the preamble Of
| the lease for making the transfer are as fol
| lows: 1t appears that part OF the business
| heretofore done by the Central Pacific has
been diverted by the Northern Pacific,
Atlantic and Pacific, and Atchison, Topeka
and Santa Fe Railroads, and that the Uniou
Pacific Company has secured control OF the
| Oregon Short Line, and thereby secured an
outlet TO the Pacific over the Oregon roads
! without uSi2g the Central Pacific that in
order 10 maintain itself against such diver
SionS. the latter should be allied and ope-
rated in connection with q friendly line
| through to tide water OF the Atlantic
! The Southern Pacific has secured control
! of such line between the Bay of San
Francisco and the Gulf ports, with the
use of steamships thence 10 New York.
! available for the through traffic. Each OF
discriminating companies having a large
local traffic on their respective lines, har-
mony among them is important, and the
Central gains protection against diversion
of its through business, while at the same
time both are to be operated SO as to secure
their lust rights e. each without one gain
ing any benefit or advantage at the expense
Of the ol!er. Separate accounts OF the
| earnings and expenses Of the roads are to
be kept, but the administration of both viii
be concentrated. Al the roads west of III
Paso are to belong to the Pacific division,
OF which A. y. Towne is TO be the General
Manager and a. c. Hutchinson Of the At
lantie division east OF III paso. Leland
Stanford is President Of the new operating
company, c. z. Huntington First Vice
President. and Chas. Crocker Second Vice
| President Capital stock of the lessee COM
panv is nearly Sl0o000,0 600. 1t owns stocks
and bonds OF the different controlled prop
critics to more than that amount.
| PARTICULARS or THE TRANSFER.
New York, March 31st The whole line
of the Central Pacific Railroad and its
| branches north OF Goshen has been leased
for ! term Of ninety-nine years to the
| Southern Pacific Company the same cor
poration which recently leased The line of
! the Sunset Route between San Francisco
and New Orleans. The contract takes
effect April lst, and provides that the
.lessces agree to maintain tie road and
property in good order; is 10 assume all
| lawful obligations i'll respect thereto, and
pay all tax charges and interest on its
| bonded and floating debt as the same may
mature The lessor is to receive in addi-
ton as rental. a minimum sum Of 81 POO
| 0O0 per annum, and 50 much more as the
surplus earnings may Justify up to the sum
of $3,G00000. This latter sum is equal to
| per centum upon lis present capital stock
| OF so, 275, 800. The transfer includes GER
tain roads in California heretofore leased
and operated by the Central Pacific.
Central Pacific Bonds.
New York, March 3lst.-The Central
| Pacific Railroad Company has applied to
the Stock Exchange 10 list $5,000,600 CON
vertible bonds ont of the authorized issue
! OF $4,000. 600, convertible into stock at the
market prce, provided the market price is
! above 30.
Monsisuor Capel at the New Orleans
Exposition.
| New ORLEANS, March 3lst.-Monsigno
/ Capel lectured to-day in the main Exposi-
| ton building on the subject of education.