The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-02-20
PACIFIC ROADS DEBT.
The Hearing on the Refund
ing Continued.
MORGAN EXAMINES HUNTINGTON.

Some Very sharp Passages Between tn.
Senator and the Railway Magnate Con
cerning the Destruction of some Paper
- Representative Livingston Tiolist
Over an Honor from venezuela-Ths
Case OF Missionary Knapp.
WASHINGTON. Feb. lo.--The hearing on
the refunding Of the Pacific railroads deb,
oy the senate committee on Pacific rail-,
roads continued Tuesday. Senator Nor,
gan continued his inquiries concerning
the destructionsof the papers Of the FL,
nance and Contract company. the exam.
ination resulting in very sharp passages
between Morgan and Huntington. Sena.
Cor Morgan intimated that he believed the
papers were burned for the purpose of do
stroying the proof Of the individual labil-
ity OF the stockholders, but Huntington
insisted that they had been destroyed for
ehe purpose OF cleaning out room and
because the business for which the COM
pany had been organized was closed
Suggested That Books he Destroyed.
He said he had suggested TO Mark Hop
kins that the books be destroyed, but he
did not remember that there had been any
reference In his conversation with Hop
kins TO the clause In CALIFORNIA; constitu
zion regarding the personal liability of
stockholders. Such matter as that, he
said, would have been referred to the
legal department. Of the road.
Mr.. Huntington-I think not. IL was
merely casual matter We did nor ro-
gard IL ~ serious.
Mr.. Morgan-It becomes serious here.
should like very much to have Thorn here
now.
Mr.. Huntington-I should like very
much for you TO have them In view of tho
fact that they are not In existence, Idon't
see how In the world you arc going to get
~ them.
Emanated from the sutro Meeting.
Reference being made to the California
memorial Mr.. Huntington said 1t had
emanated from the Sutro meeting but no
declared that 10 was not half as earnest as
was sutro, when he (Sutro) told him
(Huntington) that he would fight him
II he did not build his road out to his
place, where he had a saloon
md gambling place. He said that these
people who were fighting him In CALI
[ornia wore about as uncanny a crowd
- . farmer ever found In his hen roost."
The examination was thon turned into
IN inquiry as 20 the payment of the Con. |
tract and Finance company in the con.
OF the Central Pacific and OF tho |
and operation Of the West. |
'rn Development company and the Pa |
'ino improvement company, composed |
argely OF Central Pacific men, engaged |
n building other roads in California
Frye Intercedes for Huntington.
At one time during the progress OF this |
branch of the inquiry Morgan sought to
'onfine Mr.. Huntington's replies to def.
lite lines Frye interfered to say that tho
Witness should be allowed to answer in
lis own way.
Il want him to answer" replied Nor.
ran. that is what am trying to get him
o de- but l am going to conduct this OK
exactly to my taste until the
stops me-"
The questioning In this connection de-
eloped that the Central Pacific organic
70 had built three other roads In Cali
ornia connected with the Central Pacific.
nd had bought about twelve which had
allied. Mr.. Huntington said that the
Dads built had cost about $40, 900 per
nile, and the construction companies had
cen paid with bonds at this rate, which
zero issued by the Central Pacific COM
any.