The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-11-21
UNION PACIFIC REORGANIZATION
senator 1hurston Relieves the Govern.
ment Shonld Sell TO Highest Bidder.


Omaha, Nov. 17.-Local railway cir
cles were given new insight into the
various plans of a proposed reorganiza-
ton of the Union Pacific today The
matter comes in the form of an author
lied statement from Senator Thurston
through Colonel James B. Haynes. SEN
ator Thurston left this evening for
Washington. In an interview the SEN
ator said:
my resignation as general solicitor
of the Union Pacific railway has been
forwarded to Judge Dillon in New
York and will not be presented to the
receivers of the road for about a week
l have little idea what the prospect is
Tor successful reorganization of the
Pacific roads under the plan proposed
by the present committee. l have an
other idea for the readjustment of this
government matter and reorganization
of Pacific properties, somewhat in line
with the recommendation of the gov
ernment receivers, but not according
to their method of reaching the result
| believe 1t would be a great thing for
the country at large to have the Union
Pacific and Central Pacific lines oper-
| ated together as one property. AT pres
ent the whole country is largely at the
mercy of the Pacific line west of Ogden,
operated by the Southern Pacific. which
has the choice whether it's traffic shall
go via the Union Pacific or the South
ern Pacific. / think it was one of the
purposes of the government in charter
ing the roads that they should continue
as one line, operated together, and /
think reasonable legislation can be en-
acted to assure that result
"I have Drepared hill which oh q II
Introduce in the senate, the general
| plan of which is this: Take a state
| ment of the governments claim against
| the main line from the Missouri river
| to San Jose as 1t will stand July l, 1896
| and offer that claim as a whole for sale
| to the highest bidder who will give 4C
| or so per cent of the principal or in
| terest; make the minimum SO the gov
ernment would get nearly a half of its
entire claim: sell that claim to one pur.
| chaser, giving the purchaser all the
| rights of the government, including its
right of entry, possession and foreclos
ure. Give to one court of the United
| States, presumably of Nebraska, juris
| diction over a suit to foreclose on the
entire property and on the foreclosur,
sale provide that the property should
be sold as a whole, a purchasing com
|
and as such to possess all the corporat
| powers to congress conferred upon tn
| several lines
THAT, in brief, is my ideal solution
| Of the Pacific roads controversy ant
| reorganization of the roads as
| through line. l think a committe
could be organized within 80 days t
buy the claim for so per cent of tn
entire amount. The sale would excit
spirited bidding and the amount real
zed might be greater than so per cen
| IF the governments claim. The gov
ernment would certainly get all tina
it could hope to realize from any meth
cd of enforcing its claim.
POLITICAL MATTERS.
IT think republicans should try
organize the senate without a combir
alton with the populists. When the tw
Utah senators come in in January, tn
republicans will be able to organize II
senate, If not before.
"I think the republicans in congre:
ought to pass a general tariff act
harmony with it's idea of American pr
= lection and on which we would
l | willing to go to the country in the pres
| Dental campaign. 1 do not believe
' any temporary eXpedient to increa
| the revenue"