Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1888-04-21
NOT ONE IS TRUE

The acting President of the Central Pa
cific Railroad Company, Charles Croker
in the recent exhaustive report to the
stockholders submitted by him in behalf
of the Directors, referring to the charges
preferred against that company that it has
not kept and performed its obligations to
the Government, says the report of the
Pacific Railway Investigation Commission
shows that not one of the assertions is true.
For nearly twenty years the public
thought in California was diligently edu-
Gated by demagogy, prejudice, unpardon-
able bitterness and the knayerv OF con-
scienceless politicians to believe that the
Central Pacific Railroad Company had not
only utterly and wholly failed to discharge
the obligations imposed upon it by its re-
lation to the Government, but that it fatty
refused to do So and, besides was guilty of
all other sins and crimes possible to be
committed by corporate bodv against
governmental and general public interests.
Now that Commission has investigated
the company's affairs, although it was hos
tile to the corporation and animated by
preconceptions that the truth never war
ranted, it develops that in no particular
whatever has that Commission been able
to discover any neglect or refusal on the
part of the company to keep the spirit and
letter of the compact with the Federal
Government. On the contrary, the rail
road company established affirmatiyelv
that it had kept its contracts in every de-
tail. This truth is now beginning to be
clearly understood by the people, and the
falsehoods and outrageous ISLANDERS full
minated from political platforms, popular
rostrums and preiudiced press of the past,
stand revealed in ali their hideousness.
1t may very well be asked why, these
things being true, were they not made
known long since, and the mouth of SLAM
der closed? In response the report re-
terred to might we'll have said that the
truth was preached industriously and the
facts iterated during series of years, and,
indeed, at all times up to the present. But
in the mad preludiees of the past, and the
bitterness Of hostility to the railroad COM
pany engendered by falsehood and dema-
gogy, misconception of facts, and the
hatred born of envy, the truth gained but
a feeble foothold. 1t was buffeted and
tossed upon the waves of popular antag-
onism to the railroad company, fostered by
the most ignoble of influences and pro-
NOTED by legislative and political schemes
of hostility, and could obtain no hearing.
Now that the calm of reason has set in.
and antagonistic investigation develops
the truth; now that the relation of carrier
and shipper are seen to be common, and
that the railways, instead of being viewed
as enemies to the public welfare, are in
fact its promoters, it is possible for the
declaration of the simple fact to be made,
without raising whirlwind of denial and
Misrepresentation. Before the Railroad
Commission it was clearly proved before
the House Committee its denial was chal-
lenged upon its exact verify the whole
question of the financial settlement be-
tween the Government and the railroad
company was staked before the Senate
Committee in perfect confidence in its
correctness the company has besought the
Government to go with it before proper
tribunal commissioned to ascertain the ex-
act facts and otherwise determine the equi-
ties of the case of the Central Pacific Com
panv.
The people are not longer in these
matters to be deiuded by false
hood or influenced by appeals to
dead and buried preiudices The simple
truth is being more and more deeply i'm
pressed upon the public mind that the
Central Pacific Railroad Company has
kept faith with the Government, has dis
charged all the obligations imposed upon
it by the contract with the Government.
That 1t has not been able to provide for
the full payment of its debt to the Federal
Government when it shall mature, the
truth now develops, is chargeablen not tothe
railroad company but to the acts of the
Government itself. The company had
proposed and inaugurated a plan that would