Omaha daily bee., 1895-12-08
Little Men, Little Maids and Little Tots
Will be delighted with display goods the second floor
We discovered regular full of AS yet
able to wha have Monday morning will
be ready. Prc-we simply ridiculous We charm the
little ones-please bring them with you.
Mate-of-fac folks will buy style Jackets-evceabe
we'll Our price, s4.75 for beautiful garment Astrakhan Cpes
few at Friday received stylish
Jackets Capes-a will be sold low have
earned for us the reputation of having
Omaha'S Greatest Sale.
Just few pieces left of the wonderful bargains offered COL
oed Dress Goods-You of
cep present riAng Ask your friends
please, item
RY GOODS COMPANY.

plan because It Is feasible and because II
shows way by which the government could
aid the collection OF it's claim by reducing
tho fixed charges on the road to the lowest
possible figures. 1t is of course, most de-
sirable that the government should at once
terminate its connection with the property
and rid itself of the indebtedness which it
has assumed. To accomplish such a result
the government no doubt would be ready 20
submit 10 a reasonable loss To reduce the
loss to the lowest point it will be necessary
for the government to negotiate with pos
sible purchasers, and the sum which will
be obtained must depend, at least in part,
upon the knowledge of those who desire to
buy that, as a last, resort, the government
will pay Off the first mortgage bonds and
protect its property.
plan for the reorganization of the Union
Pacific Railway company has been prepared
by committee consisting of General Lswis
Fitzgerald and others. An examination of
their plan shows that the securities which
they mention as reserved FOR the settlement
of the dsbt to the United States consist OF
$35, 1885, ,2S0 first mortgage 4 per cent gold
bonds OF an issue of one hundred millions,
and $40, ,S64, 400 of preferred stock of an is
sue of seventy-five millions.
According to the estimates contained in
their plan, these securities should be worth
in round numbers $45, 900, 900. against a bal
apce due the government OF $55,O0O,000 II
the government is to deal with this subject
in connection with any plan of reorganization
by other security holders, then the true
policy would seem to require that the Sc
cUrites offered to the government be under
written by some syndicate connected with
the proposed reorganization, so that the gov
ernment would receive cash instead of new
securities. Or, II a plan of this character
were under consideration, the offer to the
government should be SO much in cash. and
not these securities, consisting, as they do,
of part bonds and part stock.
The proper selection from the variety OF
plans open to the government involves in
yestigation and negotiation which could
scarcely be expected from a legislative body.
The practical way of handling the subject
would seem to require the selection Of a COM
mission or the designation Of officers of the
government upon whom the duty should be
placed, and to whom could be given broad
for the perfection OF a plan under
which the rights Of the government may be
protected. 1t Is not subject upon which
the government can act by itself; 1t requires
negotiations with possible purchasers and
authorized to conduct them.