Los Angeles daily herald., 1886-02-04
NEWS OF THE WORLD.
Report of Government Di-
rectOrs of the U. P.
THE HOAR BILL PREFERRED
Jack Dempsey Wins Prize Fight
and $4,000 in New York.
Coast Notes.

WAsHINQTON February 3.-Jhe fe
-. u. n t,;rectors of the
pot' VI sn' uo's.'a rs.n v.,
Union fao'nc haiiway o'p'
received by Secretary Lamar TINS aieer'
noon. Under the head of ''The rela
- .s.t .;,.av COMPANY to the Gov.
"on u wv .. .,n,
ernment' tne ispo. sa'i
ent feature in the relations OF the Union
Pacific 20 the Government is that the
-.s ! asbtor n the Govaromantt 10 n
80 = ~. ~. L.,-
very aho"h'' 'no ueo' ooinB secured
only by second mortgage upon portion
of the nropertv of the companv. Under
.. 49, -. q.
these c''ou''' ''"oes s"''o "as sroWn up
an uneasiness on the part OF Congress
lest the debt TO the United States might
he finally lost and lecislafion has bsan
80.
hhu WIN We" W Pre'eh' 'na' result
but the Legislation had SO far seems ad-
mitted on all sides to have failed Of it's
a,.;ao, .,d 20 hava hro,oht 49,.
s,ste ~ Affairs which calls far ssr,.,
scs;o, For so,aa vesrs avery sse.sta..,
os tbs Trsasns-v evsrv Ccn,,,;ss;os,sy, =,
sa;j.osds III and aysrv hoard .sns' ~ nnra.s
.n, - I d;ractors III hss rayoorted to Carasa.. =,
.hs. st ,hs Thvrmaa s act undar the a aaa5; AZ
s;aa. sass ~ ~ ..aad T. ~ nsssaae = veas,s,
,ei,;x M s a,,, .i;vs @ ;J,a,as. Ia.. y
n'1s ~ onav - o ~ sha mnsnsi Is, H.. 'a's s
sAal suss VI IS " AZ a." " III "-sJ;sa. russ ~ anu
Jyh, may ~ .tsaasor. anu ND oar,a;.i. vi. ~ =
~ ~gao;r.L,s ,hat i eas,a ennorsss;nna, Ise sa,';s
,at;an [ he had mon tbis sub;sct II tha
tneteA - tf~% - fSa< ttss@ o-*|t~Nb "a thc
tSat w;ii donbtless bs rronossd NasS
- 49,, ~ No.. ;,,,,,or,.rf than N - tba
Ge.s-r,sat shoni5 have a. clear an
ss,;.,ats ~ ,oss;bIs of tbs real vaina ~
~ nronsr,y ~ ,,non which its debt rests
- ~ .ba LOAD which the debtor carries
~ of his ability TO bear Il. The III.
ias;n, statene,t erb;bits the ent;ra
: ;isssa sv.ten including ali of H. 81.
;shsS hraoches on September N Iee5
and it, liabilities In bonds and stook n
shs ~, hands ~ ths npblic, and Il. aoat;nr
dabt II bonded fIebts Il ;ncludad s95
1So mn GIr;tsd Sta ~ subs;dv hon5s Z,
=, II = "a ~ ,ba IT p and central bra.,aI,
I "nd eIs ~ W se4 aai balance 81 ;ntsrsss - = az -, -
~ H. ss,s' Isss s;nL;no fund n tns i. a.
- a. Gnvsr.r,enf The dsht a'5
~ - - ,s,;ls Il. W;las II p D
~ 1 ON" 20 E hr;dee iss1. bonds al ~ r. r.
a." 5sbs "a of. aoat;ng daht srssn.
s.aas "a in. tatai sse ,od 600
s w:,a. hsScb Inc. 5s0s. honJs ~ v,;Igy- IT
saht saoea. stoet saioo. ta,aI s,S
az Sf;iss IT svstsm bi4a. hon5.
I'll . dsbt sa3 ges. foatino ,lJ' daht
eEsa, .t,nt sI1 o;sn. total az EIe
s ~. ana;,st ,h;s ;ndsbtadaas. ~
oor,ns,,v Ia other a..ets IN. 10 read I'D
;.ssIf. ccn.;st;ng nr;ncinaIIv ~ is,,d "a
lsnd ssss'ts nd rtocta ard bords "a, ~
t-.s.sh | ,;'sss al othsr eornaras;aas re re
s..;s,. ,o.r a. ,rbst a. svaraaa - -
s-.,.,,, i ,vorth IL earo;ng no,ssr sad -
sybat annual CHARGE Il ;mnosed unor n
r., M .hcva obl;gat;ons DC MI, - !
L'.:s.s a. az. t,.a..,a ,'.i -,
- - sas.an,har ao ,ees sad sta.. s,'I ~ :
;.. s - ,hs .hssla s,ssa... - 10
-. n.css a.r,;nas e5e sei ,ea.
asss. sad s't ts~ss e15 5s- ono. 20 s.sa "a
e1n or tee. ;asos 49, 20 ;u. -.
.ns III a57. tasal ;ncorne ~; Ell Ell ~
Eox. -. ,,o,,s ;,tarsst ~ - sos ese.
land ta,e and expenses. s40 o5a. s;nI
- fs,,d rao,;rs,,,a,ts eso7 Fes. 49,,
trsd charged 81 325 625. nst income
ef 43o qO0. Un;ted states ,eou;remants
stls2 6si. surnIns. al an 5ga. dsb,
end earn;ug nower ~ iIn;on Psc;eo sus
se., ner mia s5i4. oross daht haa5ss =
aaatirg and TJni,ed States IA aoa.
Land and land assets. s5 5s0. net iebs
sS5 as9. stoek autstandino an ooo,
.,~e.s s.,o;nss * ~. n,f as,a;o, ;ooo'
% 1of. iaco,oe fran ,nsestments az.
,at.f ;.,nnn,a I, o7i. 6vsd et.r.,'.s 80 !;
sinking furd. sl col. net income s6sa.
Ua;sa5 s,.ts, ,ssni,an,s,t. so,a' Yoos'
,slas $40 The 7,'rac,ors snssl - th..
raI.s ~ tbe branch line svets,n aa5 So,
thst uitbout Il Ihe main ine would -
a. he hantruot nrooertv Tbss ~,
s;jas n ~ fbs nt,aast IL nor,.aca y ~.
roaJ and to the yoverumsnt H. ~ craIi
;tnr tL.r Tia IToion pac;t;c s,,o,,d ~ sea, y.
frea a. ,,nv ~ its comnetitors ~ hn;l5 as %
ac,,;r. hrancb lines ~ vai,al,,a oe.,,sa., ~
t;ons bv anv sueb arranoement a,aana
ra;lro ,ds ior such ends other,s;sss
II wanl3 he AZ faarfoI d;.a5vaa.a'sa
IN comuatition for Territory an5 M a.,
ture busiu. a. and develonment az M
eountrv tributarv 70 Il mnst la,gn;sh
A. mafters now stand lie dahs ~ ~.
road is growing larger from wear 20 yssr
and tba t;n,e ~ ;ts mas,r;y, 4 III q, /,
Distant Thsuncertain a,titnda snd T.,
,ant;o,s ~ ths Gavsrnn,s.,t 80 -.
Isisd 70 ;n,air tbs crad;s ~ ~ -. 'aoa ao',,
.ns "a ~ on,,, Sa =. !, w .oH'
fs for,s - ~ sscn,s % III ~ naP nraI ~ ~ ~ ~ 81.
h,'.;ass - 80 toPnses,s epu ta'uro
Dasass = az % " .; .yuuua.'on' ess even
- ~ shsaa.es az 80 a na''a -, osisis
TIL s S1ens uisas'ei'
thas ~ arr,n,snt saa sanp's
r.. a Necessary
~ s s;rs;i 5;ts. - e'n'nen. ~ II
sns Ps ~ a' = .e.s', :. =, sne company
Sasrsa'' ss -, sas tthn.1a pesp''ase ~ !. ln.o
:. ~ ~, .se. svus :. s'1sse v eAs,cist
% ~ ~ "'ss.s,s AVne sa. - Presumably =
sa..,s sasss '1s pvwss, .sa ~ Every year sne
s. s - % = 80 Ts ~ 7. .osons oou'
,sovarnment sbania bs that wb;ch ans nv
rraa,;a.i h,,.;a. ,I ~. ~
s,,,th v,r;,,sta 5ahta. - s;-.:,.
t;on M ~ % raaoaa. - - s'', nn.,., sasua .saa,
nrinc;niss e. ths cass !, ~ fIRay I,o ."ps' D.
c;f;s rasd III IA se seno.. - '-o ontoa aSr. ~. 2
nrav;s;or 20 ~ ,,,a XII. sa..aa snas s.a.' .n'
H. senate J.d;c;sry Tn;tP'aa S ;P.'sa ,s., mn
t;on ami .ftar d;sdnss;,' ,,s.ss 'ass ~ -
nrona.ed for ad;,s,;a, *. 'as,ess p.an - !.
,aeats to ~ III. he anhuai psy
nanv the Roara o ~ W 'ea' .h
alar az s.,n.,;.sS s'as W
which beep abonted H., payn'en.
Ina;c;arv Cornn,;ftae ;,,y sne neha'
s;ghfv year bill ranortad ~. 'nk .n
Ths renort cont;,nss n bss seasoh 81 :
Pv's ~ ~ 1n as oeen sug
ess.ou snas sas 9se'nnen. .",'a snoui'
reserve 'ne rignt % ,ahe up underlying
n,ss norEass oonus o' 'no company
s;n sn ,hn;. ha anu haro ~ u.os sn
lien wblcn tneir ponds nave on properly
fne arrangement wenid seem 20 De
desirapIe one on poth SIDES itWoui'
make the lien OF tne dovernment upof
the whole system absolute and entire
and as tne government can borrow
money at per cent. u would reduc'
fixed charges upon property abou
one million dollars per annum peioV
the present requirements. rms savinl
would soon retire the whole issue
ponds, about ,wo,VoV. IL Is most dc
siraoie. says the report, that any ne'
Ia. II.