The record-union., 1893-01-24
Bretz'S Fate Will be Announced
This Morning.
THE RAILROAD COMMISSIONERS.
A Debate on Interest and Money Lenders in
The Senate-NeW
Bills.

It was a matter of much surprise in the
Assembly yesterday that not more than
four hours were necessary for the adop-
ton of a simple resolution to instruct
our Senators and representatives in Con-
gress to earnestly support the Morgan
bill now pending before Congress provid-
ing for the use of the credit of the United
States to aid in the early construction of
the Nicaragua Canal.
The tall sycamore of Shasta" led the
fight against the resolution, seconded
very strenuously by Mr.. Gould, who de-
scended from the Speakers chair to take
part in the debate.
There were really few members in the
Assembly who did not care to air their
wisdom, and to their forbearance must
be attributed the fact of an adjournment
before midnight. The same things were
said over and over again and many times.
Many members of the Assembly found
amusement in reading newspapers,
books or listening to the opportunities of
lobbyists while the long-drawn-out and
uninteresting debate was in progress.
A SUBSTITUTE.
After the reading of the resolution
offered by Mr.. Wade, urging Congress
to give its credit for Sl0O,0OO,OO0 to con-
struct the Nicaragua Canal, which after
ninety-nine years shall revert to the
Nicaragua Canal, MIR. Adams, the
preacher-Populist from Santa Cruz,
moved as a substitute, in substance, that
all aid by the United States Government
be withdrawn.
Mr.. Wade said he hoped that the sub
stitute would be defeated, and the AS
sembly in its wisdom adopted the orig
ina1 resolution, which provides that the
Government of the United States shall
absolutely hold so per cent. OF the stock
in the Nicaragua Canal, "Our Govern
ment will also have ten out of the fifteen
directors" said the Speaker, "and
WHAT MORE CAN WE ASK?
''The United States Government could
thus practically regulate the rates of toll
and transportation to foreign countries.
There is no enterprise or improvement in
contemplation anywhere in the world
which compares in greatness with this
stupendous enterprise. There is nothing
which will go so far toward reducing and
regulating freights and fares. Compete
ton will be created. Our Senate has
adopted the same resolution. If the
Morgan bill now pending in Congress
does not become a law, we can never ex-
pect anything will be accomplished"
KAHN's PRACTICAL TALK.
Mr.. Kahn said he sincerely hoped the
substitute would not prevail. The bill
pending in Congress is one of the most
important to this State ever introduced
in the national halls of legislation. The
substitute, in fact, provides that all aid
by the Government shall be withdrawn.
1t has been an impossi bility for capitalists
TO raise necessary means to carry out
their plans to a successful issue, and
hence national aid has been invoked.
Should the canal be constructed the peo-
pie of this State will witness an unex-
ampled era of prosperity. The ports of
California would be in easy. communica-
ton with all the great ports of the civil
lied world.
Mr.. Sims spoke in favor of the original
motion as against the substitute. 1t
should become this Legislature to con-
s7NA W VIC NA9AlOo VI LbC AGODlG vi NdlllOT-
mia by memorializing Congress to pass
the Morgan bill, he argued. The neces-
sity of the passage of the bill needs no
comment There is no route more prac-
tical, more useful than the Nicaragua
Canal. Mr.. Sims said he hoped all the
civilized world will aid in constructing
the canal.
A FARMER KICKS.
Mr.. Nann, being farmer and directly
interested in the commerce facilities of
the country. was in favor of Adams
substitute. But he did not wish a mis-
taken impression to be created that the
Peoples party objected to the Morgan
bill; rather. they favored it. MIR. Vann
is hard on corporations, and said he be-
heved the bill to be in the interests of
corporations and not of the:people. As
long as there is a corporation at all con
nected with the scheme, so long must the
corporations interests be conserved. If
it is good policy for the United States to
own so per cent. of the canal it ought to he
as good and better policy for us to own it
all. I shall vote against any measure
which does not vest absolute control in
the United States.
SAID WHAT SOUNDED WELL,
Did the gentleman from Shasta, Mr..
Shanahan. He agreed with the speaker
who preceded him. If the United States
is able to contribute SSO,0O0,O0O for the
canal it ought to raise 500. .OO0,O00 Shan
ahan told about how he was in favor of
the Governmental ownership of tele-
graph and transportation facilities. If
the United States gave any sanction at
all to the enterprise he favored nothing
short OF absolute control.
After reading the substitute of the gen
ueman from Santa Cruz, Mr.. Gould
thought there was but one course for him
to pursue-to vote for the substitute. In
Gould's judgment, the conditions now
asked to construct the canal are similar to
those under which the transcontinental
railroad was built If'the United States
should advance $50, 900 of the neces-
sary money, the whole canal would be
built by our money, the capitalists back
OF the enterprise would hold one-fifth of
the stock without cents outlay. and