The morning call., 1892-03-27

be at cross purposes. and virtually discon-
timed their efforts to control politics in
their own interest. The truce was. how.
ever, only temporary. The company
were soon heard of again in politics.
Some of the men in the syndicate which had
negotiated with the Central Pacific were in
the Committee of One Hundred and when
they retired they tired to break up the com
mlttee and dld. "A number OF men who were
on the committee became alarmed for their
propery. and they made terms with the
Central Pacific. Others received certain adj
vantages in freight rates aud in other re-
spects, ana they discontinued their vigil
lance anu opposition. For a time the eX-
actions of the company were little heard of,
but they were resumed and proved worse
than they had been before
THE NEW ORLEANS SCHEME.
An OPPOSITION railroad had been mouted
before the Committee of One Hundred. and
large subscriptions had been promised for a
route TO the Colorado. In the hope that in
Arizona the line would connect with one
from ST. Louis. This project failed OF
course. the Central Pacific. which had been
badly beaten in its own plans, first to ac-
quire Goat Island and then TO sell out. dis
couragHd the opposition proposal with all
their might. They preached the project OF
constructing a railroad to the Colorado
themselves, and with their accustomed
warlness in looking out for subSi-
dies, they consulted certain indiylduals
the city 20 ipdoise their bends for S10.O00-
600. This would have enabled them 10 con-
struet the railroad with little personal sac
rlhce. and they plausi bly, re PRESENTED tnat
IN TINS way San Francisco would obtain
an Independent route to the East via New
Orleans, leaving the other railroads East
oDt OF the arrangement IL WAS the cOnten-
ton Of the Central Pacifi that they eouId
net carry freight and pass myers at low rates
because the other railroads East absorbed
so large a share Of the traffic as TO render il
improbable. The persons before whom
this proposal was laid refused to entertain
II, and the result; justified them in their OBJ
jecti0ns. Without obtaining the indorse-
ment for ten MILL rs. the Central Pacific
went ahead with the construction Of the
road 20 the Colorado. The Western Pacific
Railroad from Sacramento had been sold
but the comnany g0i It back and they pro-
ceeded with It's extension southwark. Con-
gress granted large tracts Of land, and they
got some subsidies from towns and coun-
ties. Towns that would not give subsidies
they threatened to leave in the luTch, and
as a matter Of fact they dill run past some
places. AS to its being an independent
road. people soon found out what its real
value was They finally got through to NV
Orleans. and then they pnt on steamers
aud made a connection with New York but
It was soon proved that the independeut
line made no difference with regard to
freights and fares. Indeed, the exaetiOns
were fully great as ever. The Central
Pacific people had become Infatuated with
the idea that they must go on adding to
their already enormous Accommodations of
wealth, and there was no end TO their eX-
actions. Whenever opposition arose they
showed favor TO a few parsons at the ex-
pense Of the public TIE situation to-day
IS far as tile railroads controlled BE- the
Southern Pacific is concerned is as CALLING
as ever ii has been in tbs past.
TRANSFER To THE SOUTHERN PACIFIC
p mt hat 10 0aif ai
paid-up stock TO the amount of SD, 900, 600.
This presumably assumes that the pro-
prletors have paid out that amount. In
order 70 escape responsibility and depreca-
ton OF the property OF the Central Pacific.
the company only recently did what may be
regarded as a very smart thing. The
Southern Pacific Company consists OF the
same pr0prietors as the Central Pacific but
is chartered in Kentucky. Stanford, Hunt
lEgt"n and their associates in California
have handed over to Stanford. Huntington
and the same associates in kentucky the
Central Pacihc upon condition that the
Southern Pacific pay interest on the bonds
of the former Nothing has been heard,
however, Of any payment Of interest to the
Government. TIE reasons for the transfer
are very trans aren't. But a settlement
with the Government must be had some
day. Heretofore, with ali their greed ia
grabbing and raking in subsidies and fiaec-
ing the community by the most tyranD0uS
methods, the money pouring into the cof-
fers of our railway C8>drs has gone into
their own pockets. Not cent has b en- re-
turned to the Government in respect of the
bohds issued. The amount owing by the
Central Pacific in principal and interest Is
about 1000, 600. and the day OF redemp-
tion arrives Ia few years. 1t is notorious
that the Central Pacific will evade respOn-
sibiity if they can. They have managed
Congress agreeably to themselves in
the past; why may they not sue
coed in this final stroke of corrup-
ton and jobberyp The railroads are
now paying dividends 1t would be mean
and contemplate to set aside any share
of the revenue To recoup the Government
for its paltTy contributions in making mill
iOnaires many times over of men who be-
fore that assistance reached them had
hardly a few thousand dollars at COM
mand Base is the slave who paysw
Perhaps Congress may say that as it at least
built the railroad ii may as well take pos
session, aud In the name Of the sovereign
people relieve the present owners of tile
burden that has made them prosperous TO an
incredible extent. Never was there such a
monstrous story Of plumber and corruption
as is summed no in the history Of the Gen.
trail Pacific Railroad Company.
WHO FINDS AND NEED NOT SEEK.