The Red Cloud chief., 1890-04-25
THE UNION PACIFIC.

Report u the Government Dlpect0p ~ the
Union Pacific H~atiway-ne Recommends
That the Road Ne Permitted 10 Manage
lie Own A6AIrS.
CmcAoo. April 16.-A lengthy report
made 10 tho Secretary Of tho Interior
BY Hon. jesse ~Spalding. . Government
director Of the Union Pacific railway, Ia
published. Tho report Il the result of
personal observations made during .
trip over the Union Pacific system. Re-
fcrrins 70 the alleged hostile feeling to-
ward the, company in Nebraska, Mr..
Spalding says: II found people In Nc.
braska who arc possessed with the idea
that tho Union Pacific was constructed
and should bc operated mainly In refer.
once to the wishes Of that section. and
who actually believed that their State
should bc consulted by the managers
before any improvements were made.
Innovations prosecuted. or extensions
pushed forward. But those who tske
an u~nreasoning. and. 70 my mind. a most
unjust view Of the conduct OF the Union
Pacific are exceptions TO tho rule"
Speaking of Union Pacific Investments
tho report says:
In addition TO the railroads In which tho
Union Pacific Company has q proprietary
interest,", II has Investments In other com.
panles and properties oh oh. In one way or
another. form necessary part. or links ~ u
system that that has been compelled by
reason ~ the n,wness Of the country In
which its operation are carried on, or be.
Cnuse Of the uncertainty Of obtaining sup.
piles or accommodation from the outside. 10
bl1G, ~ own way In all directions. The
company has been severely criticised tor
going intO these "Outside ventures" but the
fact IL that In IT, own Interest II Ia. been
compelled tn do this and q gro u many other
things which a 2 ,ilroad company operating
In nm Eastern state would not md IL either
necessary or even advisable to do.
In my estimation u In imperstivclv de-.
mandcd Of tho q ment Of tho Union
Pacific that II shall push its NorthWcstern
extensions until II has afforded tho Puget
Sound cities NIL IN" facilities which they re-.
Vuirc. seattle. Tacoma and Port Townsend
vii welcome tho Union Pacific I'D extend
privileges and franchises which arc now
valuable. but which q few yesrs hence will
bo simply priceless. Having made these
cOnnrct ions u viii 30 tho HrsRto,t ailwny
system In the world. and will DO able to Offer
the Government unqurstlonabie security for
all II may " now or In the future
piacs my opposition to tho extreme Views
OF those who appear "a DO bent upOn cm.
%barrassInx the present management Of tho
system upOn Tho broad srOund that the good
Of the public viii not DO subservcd by tho
threats they make or tho course they are
pursuing. The inability Of ths Northern
rMclhc to meet its obligations precipitAted
IN" panic ri ia Let not Congress follow
nut q line IT policy which II vi mako u i'm.
possible for the Union Pacific to remain
solvent and which may shock tho financial
world In 1877
This question ought to DO settled by Con.
srsss ut once and Tor aii iimo. Tho compa.
ny shOuld bs placed In the position Ut =
debtor solely. and DO permitted to manago
itsown affairs without let or hindrancs from
che Governments National Interference In
tts management has resulted only In smbar.
rAssinH situations heretofore and ! II bound
to resuit 40 hereafter. The Union PAcinc
railway system IL Mt this timo not only
wisely and p~rudcntly. but probably man.
AGED. Tho Dr. nc hess and extensions which
hHv" bU~n constructed and the now I'm.
provcmcnts made during tho last Ave years
have been at direct and iacalculablo bencit
10 hundreds ut thousands Of people In ihV
Wet u Pacific North est ~ well a. to the
business Ut the Nation In general. A. .
properly 10 In certainly TAR more valuable
to-day than II was In lsSs IL can not nay
tho W. 0D.0O ar % which it owes the dow
however. Mt this time. but ID able
tO ~ security equal tn ~ O.tOO more
s"N' =" WV ~ uOW t0b W
indebtedness. u asks IN extension nj
time u \ lower ratio ot intcrest. both
0f which tho Government Can afford 60
grant rather than see the property In a..
prriicd. tor to Imreril u would threaten
tho hnanciR, ruin Of Thousands Of people
who have Invested their money In the en-.
serprisc. and more than hat the probable
impovcrtshment Of Tho hundreds ~ thou.
sands who have settled non IT, ines dur.
Ing recent yoars. and whose interests aro So
closely wov'n with the property Of tho road
that They can not be- scpRrRtcd.
tn question resolves itself down to this.
What II est. not so much for the Union IA,
ellie Railway Company Ne u corporation, but
tor tho country at larger II seems tn me
that there can 20 but ono answer (, this
let Congress deal ~ fairy " On tho Union
Pacific Ne u business imam would with u
creditor who was " ii,inH and able to pay HE
d"bt' u no wcrr only permitted To attend 10
M l,ttsis,uss ~I0h.t,N a.. ....