Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-04-26
TELBGRAPHIC.
RAILROAD FINANCES.
4 Plan 10 Adjust The Uiion Pacific
D.bl.
MISSES CAUSED DY THE "AnMY"


ro-roS, April g6.--Iho Boston neWs
h,rsu understands from authoritative
,5ufces that the Union Pacific organi'
,stlon committee have agreed upon
Attorney General Olnoy's plan for an
Adjustment Of the Union Pacific debt
10 the government Judge Hoadly as
,bs fepresontetive Of the United Sta tee
.,torney general, has been at work
ppop tho details " this matter, and on
friday Attorney General Olney, II Is
understood, will submit his bill ior an
.tiustmout Of the railroad debt TO the
,aysrnment, TO " hich all parties inter.
.et, Il 10 believed, viii readily con-
nj IL will remain with Congress
l., take W the question OF
Abatement at this session aud Wash.
Ipgt1u aivices are TO the elect that
unler tue leadership Of the Pacific
faiifoaI j. committee the question Will
tetaken Up and passed., probably be.
lore the tariff ieginiAtion h finished.
Attorney General Olney's uill, II u
ssid. provides for the full payment Of
interest. The government lien Will
remain unchanged, anu DO improved
by the cancellation Of s7,6O0,UOO VI
drsl mortgage bonds Of the railroad
sinktug funds ia the United States
treasury, which will reduce the Net
mortg ages to SO, OO0, 900. This will be
extended by the railroad company for
seventy.nve yCafa win au annual
mainuer Of the Union Pacific sinking
fund will be used for the benefit Of the
property. Until 1905 the Union Pacific
will pay pvr ceut ict anuum on
no usbt " the government and
ailer 1905 IL will pay principal aud
I..ofust adjusted upon per cent
Interest basis by means Of 100 annual
payments to the government u ST.
$4,000 each. 10 Is provided that tue
t1tai nxed charges Of the company
shall not exceed $1,000 900 per ADnum'
10 accomplish this, Il IL underatoodi
the recognized company has agreed
upon a Z per cent general mortgage
bond for the Absorption Of tho junior
rene Of the company, but many Of tho
prior liens Niil not Dc interieret with.
his government settlement ana to.
organization " the Union Pacific viii
, without reference 10 the uulb Short
Line aud Navigation sysiems.
THE BLisD roOL's TERns.
ATLANTIC, Iowa, April ga story
IL current here that n blind pool has
nrea formed by tho G.. Il. 4 q the
Northwestern and tho Rock Island for
tlc Reimbursement In this loss Of tram c
seouTvI by the companies along whose
lines the Kelly army passes. II was
iufther stated that the Rock Island, In
Wow OF It's recent and prospective
Losses, Il now seriously c0naidur'
log the question OF dis.
rupting the pool and furnishing the
"industrials" with train 20 Chicago;
aud while the interested officials re-
fused TO confirm II they also refused b
make denial. In the conversation
referred 10, the formation VI n pool
was made as iOll0ws;
When the industrial army reached
Council Bluls, on lho demands OF the
people tor transportation for the mob
tec0ming emphatic, meeting OF the
officials Of the three roads was called
Tor In Chicago aud the advisaDility Of
furnishing train was discussed, The
TACT that refusal would result In a
serious loss 10 the road selected by the
army for itA line Of march was an i'm.
portant factor In the conference, anu Il
was recognized that the fear Of inter.
Iupted trains anu tho pTJudices OF
ktllyiA Hympnthlzefs would cost the
MI, olcd ROAD much more than the
carrying VI the army 10 Chicago. The
result VI the conferences was secret
pool which has since been In lOrcn. IL
satisfactory Tor n time, the Rock Isl.
AMI being reimbursed tor tho good sized
lOss they had already sustained but II
10 said to have received NJ many
threatening letters from sympalhizefs
VI Kelly and the prospect OF semi.
boycott mado It apparent thai
tue roals could not satislao-
torily reimburse the Rock Island. A.
a result the question Of furnishing q
train and thus regain the good viii OIL
the many keliyite sympalhi1ers, II
again ON.
General Superintendent Dunlap, OF
the Rock Island road, was interview eJ
here last night regarding the matter,
"Such pool may nave Oven fOrmei,"
lie san; al left Chicago last Thursday
night, II could have been done wilhou
my knowledge and I w0uli not neces.
tarily have been informed OF such ar
langemenL Will say, however tina
! DO not know OF such pool. Tn,
Rock islands loss by this thing has
already been hoavy-much more heavy
lnau the cost u carrying the men IA
Chicago would have been, but can
noIssy what action, II any mas been
taken, 10 cover such loss"
MUST NOT STOP NAIL TRAINS.
CHICAGO, April 2J.-rhe trouble II
Iowa with keliy's army, which II
some cases delayed United states mails
has prompted Supt. Troy OF the Chlca
10 division OF tho railway mail service
10 cause TO be- printed thousands o
large sized posters warning all person
not 10 interfere with tho running q
mail trains. These were sent out OIL
Nil mail trains anu will be posted n
every railway station In the Chioag
district. The poster contains a aynUI
sis Of the decision OF Acting Genera
Maxwell that 1t Ia a violation Of III
Federal laws 10 stop or delay any trai
which has been designated by IA
government 10 carry the mails aud thi
me penalty In u 1ne no 10 eEcte
slO,OO0 or imprisonment not 10 e4oeu
Two years.
2eiIA IN san Francisco.
SAN FRANCIsCO, April 28.-Th
lNFgulHt NINA funfuiug atulgs mat