The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-06-08

charges against the judiciary" responded
Sumner, "but | have a challenge from
legislator OF my own State, and accent
II. say the Central Pacific has corrupted
Judges, juries and legislators OF Califor-
MIA when it has been that way."
Represe ntative Geary spoke briefly in
favor of a foreclosure Of the mortgage by
he United States. Hopkins and Crocker
had been long dead. he said. and it was
question whether tie Government could
recover anything from their estates. Ii
the right of action did not mature until
the debt matured there could be no action
against the Stanford estate until some of
the bonds matured. and there was no
money forthcoming to pay them.
Geary said he did not wish to appear as
a defendant of tho Central Pacific, bu; he
did not wish it thought that California
had been utterly debauched by the
Central Pacific. 1t could not be de-
MED that conventions had been
bought; that Legislatures had been
bought; that Senators and Congressman
hac their seats bought for them. He knew
that because he had been elected in face
of that opposition; his opponent had been
an attorney of the company, who had been
ordered TO make the race. He referred to
c. ?. Huntington as "The distinguished
saint who appeared before you few days
ago in behalf of the 10000 orph ans and
widows who we're stock olders."
Again he spoke of atrocious highway
robbery which had been perpetrated by
Messrs. Huntington, Hopkins & Co., who,
he said, had been denounced by the fnan-
ciers of the world.
When Representative Powers of Yer
mont asked how the Government could
make good it's claim Mr.. Sumner said the
first mortgage would eat up the road and
the branch lines were bonded for two or
three times their value so the Government
had no recourse except by suits against the
individual stockholders.
Representatives Kyle and Powers pushed
the question as to whether the estates
were sufficient to cover the Government
debts. The Crocker estate, be said, had
been incorporated and was estimated at
from S2O. 900, 900 to S3O,0OO,O0O. The Hop
kins estate approximated $50, 600. 900; ihe
Stanford estate $4,000, 900, and the Hunt
ington the same.
L. was suggested by Representative Bell
OF Colorado that the proceeding could not
be brought against the stockholders of the
road until the securities of the road itself
had been exhausted.
In the discussion it was said bv Chair
man Reilly that no proceedings could be
taken against the estate until the bonds
matured; that only notice could be given
OF the claim against the estates.
BOatner, a member of the Committee on
Pacific Railroads, says Huntington repre-
sents he does not care whether the mort
gage on the Central Pacific is foreclosed
or not. He said to Boatner several days
ago that if the Government wished to fore
close he would not object.
He has said this TO others. but of course
everybody knows his bluff. He preteuds
not TO favor Reilly's bill granting an ex-
tension of fifty years. but this is what be
wants. If be can't get his own scheme of
borrowing money on the Governments
credit adopted. he will be well satisfied IL
he gets the Reilly bill.
Boatuer said to a CALL correspondent
tonight that he would not push his resolu-
ton, which is now before the Judiciary
Committee, authorizing the employment
of special counsel TO bring suit against the
estates OF Individual stockholders of the
railroad
He wishes TO see what the House Pacific
Railroads Committee will do, for, he said,
if the mortgage is foreclosed, of course
there would be no reason for bringing such
action.
Unless the committee recommends a
foreclosure he will urge the adoption of
his resolution, which will direct the At
torney-General to proceed against the es-
tates of both living and deceased stock.
hnIhorn