Idaho news. (Blackfoot, Idaho) 1887-1891, 1888-05-05
PROCEEDINGS AGAINST THE o. r.
Tenor Of me Bm Of Representative Asder-
soSl, of Iotca.

WASHINGTON, April 90. Representa-
tive Anderson of Iowa introduced in the
house to-day a. bill directing the attor-
ney general to institute Judiciary pro-
ceedings against the Union Pacific rail-
road company and other parties A
very long preamble TO the bill recites
that it appears, from the report of the
Pacific railroad commissioners, that the
Union Pacific has for years persistently
refused to comply with the conditions of
the various acts of congress relating to
it; that the officers and managers have
squanderea large sums of the gross earn
ings in extrayagant and Improbable en-
terprises, and have divided immense
sums of money among themselves; that
the company has, since the passage of
the act of 1873, issued new membranes
without the consent of congress, thereby
impairing its credit and destroying the
value of the United States lien; the it
has levied excessive charges upon the
people tributary to the line, and that
the company has by its unlawful acts
forfeited all rights, privileges and grants,
including the privilege to further time
in which TO pay its Indebtedness to thu
United States.
The bill in substance directs the at
tOrney-general to forthwith institute
proceedings in the courts of the United
States, either in law or equity, to en-
force the forfeiture provided for in the
law of 1873 and other acts, and collect
the moneys due the United States from
the company, its stockholders, and Off
GERS. He is also directed to bring suit
against the Union Pacific and Kansas
| Pacific TO recover the proceeds of a
wrongful issue of stock and bonds
amounting to $40, 600 600, including in
the action John B. Alley, Elisha Atkins,
Ezra II. Baker and Sidney Dillon, and
to ioin as rarties defendant jay Gould,
Fred ]. ZINES. Russell Sage and others,
10 recover $50. 600. 900, more or less
| the proceeds of the sale of the bonds.
| All the claims growing out of the trans
action which may be the subject matter
of the suit are to be exempted from the
statute of limitations.
THE STANDARD OIL INVESTIGATION.
The house committee on manufac-
| lures to-day resumed its inquiry into
| the subject of trusts. Scott, the repre-
| sentative Of the PENNSYLVANIA railroad,
| smoke on the subpoena which had been
| served on ten officers of the Pennsyl'
vania railroad company concerning the
transportation of oil, calling for the
production of a large number of con
tracts, etc. He thought the railroad
company should not be called on fol
such information, which was apparently
| sought for by some person outside OF
the committee who desired to get in
formation to institute private law suit
Conan, of the Reading company, act
ing as counsel for the committee, pro
posed to show by the information called
| for by the subpoena that the Pennsyl
l yania and other roads had been guilty
Of discrimination bywhich the STANDARD
Oil company had maintained the mon
opoly of the production of oil.
Without final disposition of the mat
ter the subject was laid aside and Nal
colin Lloyd, of Philadelphia, testified
He recently sold out his independent
business to the Standard Oil company
receiving trusts certificates equal IL
amount to the value of his property
While in business for himself he had re
ceived rebates from the Pennsylvania
road. The committee requested him t
prepare statements of such rebates.