Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1886-03-02
WHOLE NO. 1887.
GENERAL NEWS.
.lsrRaAI DISPATCHES TO THE HxooRD-Umos.,
DOMESTIC.
The Railroad Sifuaf;ou

49, e~nftos-t DitusittOHs
NEW YORK, March 1st.-The general sit
nation, so far as the passenger and freight
rate war is concerned, remains about the
same, although il is said that while the
sunset had cut under Pacific Mail, Atchi-
son had cut under the Sunset The Atchi-
son IS making strong fight and manifests
no signs Of weakening The Pacific Mail
VIII cut as low as any one, and means
business. There are rumors about COM
promise, tnat both sides are tired.
ana that Huntington has been confer
ring with Commissioner Fink Both sides
deny this. There is feeling that the trunk
lines have got tired of paying commits
SONS, and soon they will be abolished.
something III the way of a settlement will
probably be offered this week. but by whom
II Is hard to say. The trunk lines are anxi-
Gus TO stop the fight because they do not
know how far the trouble will spread. The
proposed meeting for next Tuesday is
looked forward to with much interest
WHAT is SAID ON WALL STREET
New York. March 1st-Wall street was
well supplied to-day with rumors and Cos
sip about the uans-continental railway
fight, and its probable outcome, but most
OF them could not be traced to any reliable
source. One said the Sunset route -wa.
growing tired of the fight, and was inclined
to compromise. Another that the Atchison
still had powerful trump in reserve for
an emergency Another that the Atchison
bad inaugurated the fight to prevent Mr..
Huntington from marketing lot of new
bonds for the extension of his system.
Concerning to-morrows meeting Of
the Trunk Line Executive Commit
tee, friends of Mr.. Huntington saw tho
committee must stand by the Sunset
route, in order to prevent it from using the
Chesapeake and Ohio to demoralize rates to
the seaboard. This is poohpoohed by the
other side, who say that enough business
cannot be carried over the Chesapeake and
Ohio to disturb the unk-line pool Rates
have not materially changed. although
there is tendency. The Sunset continues
70 meet the Pacific Mail rate Authority
was received at some of the Transconti-
mental offices this morning to draw orders
between San Francisco and the Missouri
river at the same rates as from the Missouri
river to San Francisco, good for thirty
days. This looks unfavorable to an early
settlement The West Shore and Lacka-
wanna roads, which aIe allowed
dif1ercntial of 81 80 on fares between New
ork and Chicago, claim the same on
through business to the far west points,
under the rate sheet which went into effect
to-day, and are selling at that reduction be-
low the tariff. 1t is thought this NAV
cause disturbance 1t is customary. in
issuing rate sheet, if any road is allowed
dtferential to state the fact, but the new
sheet contains no mention of such an
allowance, and if the other lines find the
diiferential roads doing more than their
share of business, they are liable to OBJ
ject.
Press Comments on the Presidents Mes
sage.
New YORK March 2d-A. M.-The press
all comment at length on the Presidents
message.
The Times thinks ii frank, plain, straight
forward and strong.
The Tribune calls it singular message.
and ridicules it.
The World says: - We are bound to say,
and we say it with great regret, that the at
titude taken by the President will not
strengthen his argument or his position
generally. Altogether the message is
yery remarkable document, and should be
carefully read by everybody.
The Star says The Presidents fight is
the peoples fight 1t is the fight of the
Democratic party to whom the people gave
power. Democrats will stand together in
supporting their leader in the contest. The
good old party will love Grover Cleveland
all the better if he swears that the people
have elected HIM President, and President
he means to be.
Decision in Railroad Case.
WASHINGTON, March lst-In the Court
of Claims, to-day, Chief Justice Richardson
delivered the opinion of the Court in the
case CT the Union Pacific Railway Com
pany, in which it is held, on the authority
| of several decisions of the U. S. Supreme
| Court, that the right of the Government to
retain, under the subsidy Acts and sinking
fund Act, the whole compensation due the.
company for services, applies only
to compensation for services upon S65 miles
ofthe aided portions of its road, and not 10
2,175 miles, for the building of which the
United States furnished no aid, either by
bonds or by chartered rights.