Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-02-21
THE PACIFIC DEBT.
Another Proposition Made to the
Railroad Representatives.
CLEVELAND TO GO HUNTING.
Secretary Carlisle Also Intends to Leave
Washington for Rest-ProhibitIng
the Liquor Tranlc-The Right
of Franchise.

WASHINGTON, Feb. 90. Several mem
bers of the house Pacific railroad com
mittee gave hearing yesterday to the
representatives of the Union and Gem
trial Pacific roads, concerning the
proposition that the government ac-
cept the principal of its debts in full
payment of its claims upon the roads.
In the course of the discussion Mr.
Morawetz declared that the Union Pa
citis must be reorganized; that its con-
tinuance under present conditions was
impossible, Chairman Reilly proposed
to the representatives of the companies
a now plan for the settlement of their
debts which is practically a variation
of the Reilly bill. He proposed that
instead of raising the first mortgage
debts and extending the governments
debt the companies should pay the
principal of the government debt into
the treasury, and that the interest on
the government debt should be extend-
ed, and the first mortgage debt should
be extended under the terms of the
Reilly bill, to be paid in installments
through a period of fifty years, with
interest at per cent, This change
could be made without financial com
plication, because the amount Of the
first mortgage and government mort
gage (the principals are the same
$50, 900, 900. The apparent ability and
willingness of the companies to raise
the principal of the government debt
suggested the feasibility of the change.
BY this plan about S9O,OO0,0OO, in round
numbers, would be paid into the treas
ury, the balance of the principal being
covered by the sinking fund, which
amounts to about Sl4,O10,OOO.
The representatives of the Union and
Central Pacific took the suggestion un-
der considera ton, and will give their
views on it in few days.
both TO TAKE A REST.
WASHINGTON, Feb. 20. - Both the
president and Secretary Carlisle in
tend leaving Washington for rest al
most Immediately on the adjournment
of congress. The president will proba-
bly, go to North Carolina on duck
hunting trip. lie will likely take a
party of friends with him, and will be
gone probably week or ten days.
Secretary Carlisle has not yet fully ma
tured his plans, but it is expected that
he will be absent at least three weeks or
a month. The secretary did not take
any vacation last summer, and his close
attention has left him in imperative
need of rest.
PROHIBITING THE LIQUOR TRAFFIC.
WASHINGTON, Feb. 2O.-Representa-
tive Blair, of New Hampshire, yester-
day introduced resolution in the
house proposing an amendment to the
constitution of the United States pro-
hibiting the liquor traffic in the United
States. The resolution is introduced
by request of the general officers
of the Worlds and National w. @. I.
o." and as the legal expression of the
polyglot petition just presented to the
president.
THE RIGHT OF FRANCHISE.
WASHINGTON, Feb. 20. Representa-
tive w. A. Stone, of Pennsylvania, yes
terday proposed constitutional amend
ment prohibiting the states from grant
ing the right of franchise to any person
not citizen of the United States.