The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-02-19
WITH A SHARP STICK.
senator Morgan stirs Up Rail
yoad Magnate Huntington.
.,s QUESTIONS VERY ANNOYING
rar southern Pacific President Abuses
satro and the eaiiforniars and De-
n,.us stories About His Profits.

xr.shtu4fgU ItSSs 20. 81 ne EEsaftEfK
- ~ refundsng q the Pacific railroad
- - $40 senate committee on Pacific
- vxas continued today. Senator Nor
- es.ssfrsieG hls inquiries concerning ,Ehe
<-.sr..sff9u q the papers Of the Finance
- costracs Company. the examination
s-sslsine n many sharp passages between
usrgan ard Huntington
uarxan minated that ne believed the
--.~ra rgeFs burned for the purpose 81 de-
sfseyfng proof q inc i'1isH113A AaDA4tS
- stockholders.
tss,nttnsion insisted that they had been
..strsxes IN clearing out a room. because
80 1s.siness for which the company mad
sssn srsanizea war closed lie said be
.,rwesss4l 70 Mark Hopkins that the hooks
! ssassroyea bar did not remember that
49, haa been any reference ia mis- con-
-sr<atIon with Hopkins 20 the clause Ia
- california constitution regarding tie
s.r~anal liability Of stockholders Such a
-na.se-. he saiss. would have besn referred
- m legal department OF the road
s4nAsor Norgan-Did any lawyer advise
vau - destroy these papers7
ruuflnTion--I think rot. IL was mere
e.s.,al matter. We did not regard IT ssri-
snsIg.
.s,ssl.d ike very much to have the books
eere now,
unutlngton--I should like very much for
xoa 20 have them. bat IN view Of the fact
fhaf they are rot fn existence. ] don't see
bow Ia the world you are going 70 get
them.
memorial Huntington said II emanated
froua sutro bat he declared IL was np1 half
- rafnesi a. Was Sutro when he fsEtroD
sa5a him QIantington) he would night him
II he dill not build road out 10 his tSu-
tro'si place. wlaere he had saloon and
-.
gambling house. lie said THESE people
xho we're fighting him IN California were
aabont a. uncanny a crowd as farmer
sser found in his hen roost +"
THE examination was then turned into
an inquiry as 20 the payment Of the Con-
tract and Finance Company for the con-
struetion OF the Central Pacific. and as To
fhe organization and operation Of the
Western Development Company and the
Pacific Improvement Company, composed
largely Of Central Pacific men, engaged Ia
building other roads ia California. At one
time during this branch OF the inquiry
Morgan sought 90 confine Huntington's
regiies 10 definite lines.
Frye interfered. saying the witness
should be- allowed TO answer in his own
way.
II want him TO answer" replied Morgan.
.That is what am trying 10 get him 10
do. but am going 10 conduct this exami-
nation exactly to my taste until this COM
fniftee stops me-" Questioning In this con-
nection developed the fact that the Gem
ssai Pacific organizers had built three
other roads IN California connected with
the Central Pacific and bought about
twelve which failed. Huntington said the
roads built cost about sso,@0 mile. The
construction company had been paid with
hcnas which were issued BY the Central
Pacific Company.
when the afternoon session began SEN
sior Morgan vac the only member OF The
committee present. though others came
in later. MIR. Morgan continued his ex-
animation Of SIR. Huntington as 10 the con-
nsetioh OF the Central Pacific With It's
tranch lines Ia California. Taking up
tbs question OF the government Indebted
ness. senator Morgan asked Alr. Hunting
Ton II be considered the interest which had
beer paid the government on The guaranty
honis a part OF the Central Pacific debt 10
the government Mr.. Huntington replied
that he did: that his proposition was to
calculate the entire amount up 10 the ma
tsuty OF the bonds. Including interest as
zeli az principal. and count IL all as in-
tersst lie did not. however. understand
that hs vas ia Ue expected to pay interest
al interest he did nor think the COM
gaay could psy more than par cent on
thls extension.
Replying 20 an assertion made az a mass
nsfling in san Francisco THAI he. stan
soft. Hopkins aud Croker had sccumulat-
81 a combined fortune of f1s 0ssea he
sasd IL WAS q lite. "a was the statement that
thev had received from Tie city. county,
state and nation property Of four times the
amount ~ the cost OF building tiie roads
70 che charge 81 eNtortioDats freight
rates AZ Huntington said the people In
NeW Jersey AMI Delaware were complain
ms Of the competition OF California fruit
because az the low rates made by his
aH.sr-F
Mutation ~ thar charge.
SENATOR Morgan asked Mr. Huntington
haw much money he had pot into these
foaas which he had NOT made IN railroad
irE This did not bring out direct an
tNrr. bat AIR Huntington toid, IN THIS COM
nsction. how he made sreat deal 81 mon
Is in TIRE Chesapeake q ohio, Rig Sandy
arr various roads ia Virginia, West Nir-
E.ela ena Tennessee. ali az which De had
tasen when they had been abandoned and
saich he had huilf up so as 70 make large
aanss ~ money he had pus al these prof
- into California; and che West into
etecks. none 20 which paid him any diyi-
aeHds tie thought he must have been
veTth a mOliom dollars when he began hls
ratirosd career. but ne WAS poorer when
ihf pscifc verk was completed than when
r began because ~ the immense debts
vhicA haa heyn accumulated.
Mr Huntington stated that the southern
taeae Company rad agreed te pas s.. eal.-
e. Ger feat for the lease % the Central
Faelae, hut the earnings in some years on
tats line had Bof been equal to the rental
sn4 Jhe contract was changed 50 as TO
provide ifaf the amount pail was not go
tsVfea trs raru}rgs- Senator Morgan tried
g show. fn thls connection. that the rail-
fead hast0s~e which would naturally have
sane over the Central Pacific Was diverted
tArrash fhc means 90 This contract 90 the
ia. a..