The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1892-12-24
The +" DEVILS Twins. y

1
patches where Chauncey NJ. Depew
the great railroad magnate, recently
dined the President elect, RatlaN
Reid and some of the members o.
President Harrison's Cabinet, not
mentioning their names. What does
this portend? Are these would be
delineators of this great republics
financial policy, this early in the
season, plotting against the masses
and in the interests Of trusts, com.
bines, railroad magnates, and mo
nopolies, or are they completing
that organization that Ratlaw Reid
said the capitalists of the East had
so we'll organized that they could
upon a days notice, stop any legis-
lation in spite of Congress?
Or are they arranging to refund
the bonds for fifty years, as recon-
mended by Mr.. Secretary Foster
last September, thereby making the
debt perpetual and place a mort
gage Indebtedness upon our poster
ity for all time?
Or are they contemplating the
feasibility of issuing another mill
ion of Understanding bonds to re-
plenish the already depleted treas
ury, and give the money sharks
another chance to invest their ILL
gotten gains and throw that many
more taxes upon the already over
burdened producer, instead of issu-
ing more Understanding legal ten
der bonds based upon taxes and
irredeemable the same as the 346,-
600 900 now outstanding under the
law of May 81, 1878?
Or are they fixing up a ring to
hold the s60,O0O,Q00 in gold taken
by Secretary Foster from the San
Francisco sub:treasury and depos-
tied in the loyal g. o. p. and d. 0. p.
banks in New York, free, and they
loan to the DEAR people at 6 per
cent, and contribute $4,000, 900 to
the Harrison and Cleveland cam
paign funds. That money is un-
doubtedly loaned out. The - ,OOO,-
600 paid in and spent buying or
bulldosing votes, and as the admin
istration is about to change it must
be fixed up 60 these PERFECTLY SOL
vent banks can have it for a year
or there will be a financial crash.
Mr.. Foster could not loan to the
producers at q low rate of interest.
and they needed it to move their
produce, but he could deposit it in
the banks and they could loan it at
6 per cent, not any less, as they are
not built that way. That money
is out. How is it to be turned over
to the successor on the 4th of next
March? BY certificates of deposit.
It will be we'll to see how they
manage this item.
Or are they arranging to help the
Central Pacific out? There are no
flies on Chauncey NJ. Depew. Oh,
no. If he helps the Central and
Southern Pacific he can conscien-
tiously ask Uncle Sam for SINH
lar loan.
Thirty years ago Uncle Samuel
loaned that railroad $64,623,5 12
and paid 6 per cent interest on it,
which is due in 1898, and with in
terest that Uncle Samuel Sucker
has paid amounts to about $17S,-
Besides this Uncle Sam.
ucl gave them a right of way four
hundred feet wide and space for
depots, trucks, &c. Then Uncle
Samuel, you know, is generous.
He gave them land grants to the
value of .$65, 533 ,4S2, and the peo-
pie, states, counties, &C., gave aid
to $3,O7O,777, amounting in all to
$247 ,489,1rO (Pattison committee
OH Pacific Railroads says it is
$447, 729,470, on page 1867. Uncle
Samuel Sucker gave them full priv
ilege to levy tolls, and it remains
for the public to say whether they
have done SO.
In consideration of all this mu-
nifcent gift they bound themselves
to have their stock fully paid up,
and they actually paid $4OO, $50,
and Oliver Ames made oath, Sep
tember 81, 1870, that they paid
$50, 762, 800. They also agreed to
pay Uncle Samuel a certain per
cent on all their net earnings, and
| doubt if they ever paid cent.
After all their agreements and
perjury, as shown by the Pattison
committee, they 60 scott free and
nov bayc the brazen cffrontery and
supreme gall Of asking for the priv
ilege of rsbonding the debt for 80
years at ! per cant per annum, and
have charged Uncle Samuel with
$37 ,O00, 600 a. loss Of business on
account Of other subsidized rail-
roads, and thee why SANE men
built and OWN the Southern Pacific
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