The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-22

\
| Omaha, Neb., March 21-The future
| OF the Union Pacific WAS Informally
| discussed today in Omaha by Messrs.
| Oliver w. Mink, E. Ellery Anderson,
j. W. Doane and Frederick r. Coudert
receivers OF the Union Pacific system.
| who arrived this morning from the east
Mr.. Mink said as TO the status of the
Union Pacific: 1t might be decidedly
better, and then not be at all worthy
Of great comment. We are pretty hard
hit and the future is not at all prom
Using. While i am hopeful that another
crop failure will not be put against
Nebraska this year, still farmers are
afraid to put in seed for fear that the
dry soil will not hold the grain and the
winds will sweep the seed away. All
of this is discouraging for the sys-
tenn.
Upon the Question of reduction in
salaries on the system, Mr.. Mink would
not talk except 10 say that dhe subject
had not been seriously discussed. al
though the receivers felt that the COM
pany was like a tailor who. driven 10
retrenchment. had TO make his suit &C
cording TO the size OF his cloth. He
sententiously remarked that the Union
I'dtlllC WAS DdNlflS HiSutl tlldi
any of it's competitors, but said that no
action had been taken to secure an or
der of the court ordering a reduction.
Mr.. Anderson explained that he did
not believe that the government will
ever again receive two fairer PROPOSE
tions than those submitted 10 congress
last winter-that the Union Pacific
should pay $4,000 600 at two per cent,
secured by a first lien on the property
to the government; and that $4,000 goo
should be paid outright and the debt of
the government cancelled. Both of
these propositions were refused on the
part of the representatives in congress.
MAY NEVER AGREE.
Said he: II question very much il
committee of men representing the
varied interests in the Union Pacific
will ever be able to agree upon such
fair propositions again"
''Oh yes. they WILL" interjected Mr..
Coudert
Mr.. Anderson finally continued:
I'VE found il hard to combat, among
the representative in congress, the
prejudices of thirty years ago. The
Union Pacific was a product of the
necessary. There has never been a
desire on the part OF any interest that
/ am aware of to combat the claims OF
the government in the road. We have
most advantageous trims with it, for
we recognize the help il extended 10
the company when help was needed.
But unless something remarkable
should occur in the next few years. /
am frank to say that / don't believe a
more generous offere will ever be made
than was made last winter, as happy
outcome of our Affections"
Mr. Coudert said: 1--WE do not feel
that he government is coercing us in
any manner, and so far as We know
the foreclosure proceedings will not
be hastily pushed. This is a grave
problem and requires the utmost delib-
Grafton. We are going through our
period of travail and the government
knows our condition"
The receivers have the following in
formation from their general counsel
at Portland relative to the Oregon
Short Line foreclosure: THAT the re-
ported appointment of J. NJ. Egan as
'eceiver for the Oregon Short Line Sys-
I'm is conditioned upon the action To
e taken by the Wyoming court and
re order is not TO become effective IN
IS the Wyoming court shall order a
aange in the personnel OF the re
,civership."