The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-04-22

Huntington and Others Have Ap-
propriated Enough to Pay
the Whole DeDt.

WASHINGTON, April 22.-The views
Of Senator Morgan on the Pacific rail
road refundlng bill have been sub
mitted to the senate in a minority re-
port. The senator takes position de-
cidedly antagonistic to the bill reported
to both houses, and begins by sharply
criticizing the joint meetings of the
subcommittee of the two houses for
the formation Of the bill. He charac-
terizes this concerted action as breach
of duty and privilege. Such action is,
he says, calculated to bring the pressure
Of outside influence of the most serious
character to bear directly upon the ac-
tion of the senate and to its free judg-
ment upon the measure before it. The
added burden of the adjudication by a
committee of the house is calculated to
smother OUT the minority.
Taking up the bill, the senator says
the proceeding proposed is one of bar.
gain and sale, disposing of the property
and rights of the government, and is
novel because hitherto congress has
not engaged in that line of bus hess.
Senator Morgan says an examination
OF Mr.. Huntington testimony, taken
before the senate committee on Pacific
railroads will disclose most extraor.
binary condition Of affairs relating to
the Central ard Southern Pacific rail-
roads, and other roads connecting with
them,' and continued: "Wilhout at
tempting in this paper to array the evi-
dence of fraud and peculation which
Huntington testimony vainly at
tempts to conceal, attention is drawn
to the fact that his evasions of the
truth, as it is thoroughly established.
are his nam reliance for misleading
congress in his effort to capture the
Central Pacific railroad after it has
made him and his three or four asso-
ciates enormously rich, OH the plea that
his pride impels him to save the road
from bankruptcy, to which his fraudu-
lent dealing seems to have driven it. I"
Three Fundamental Proportions.
He lays down as fundamental, the
following propositions:
First, that no creditor of these COM
panles other than the United States
has the ability to handle this great
mass of Indebtedness resting upon
these roads so as to preserve the just
rights of all concerned.
Second, that these charters were not
granted, nor was governmental aid
given to these roads with any inten.
ton expressed or implied that the char
ters should ever expire or that they
could be destroyed by judicial decree
or that control of them as instrument
talities of government should ever be
taken out of the hands of congress-
Third, that no court has power to
sell, dissolve or wind up either Of these
corporations any more than court
could dissolve and wind up a bureau in
one of the executive departments of the
government.
He asserts that under far and honest
management. the roads are able to pay
their debs, and says:
1T will be censure upon the Amer.
lean name that will blacken it the
world over, if it can ever be sale with
any CO or of probability that the crimes
of the Cred Mob l.er and others quite
as worthy OF repro baton. which hoy
cred about the cradle of the first and
grandest of our transcontinental rail.
roads have followed it and bounded it
to its grave and presided at its death
and burial"
He continues:
What Four Men Did.
-Four men who owned the stock In