The record-union., 1896-02-11
THE CONSPIRACY AGAINST CALI
FORNIA Is CONFESSED.


FORNIA Is CONFESSED.
There is now not the slightest doubt
concerning the true and only issue in
this matter of the funding of the Pa
cific railroad debt. It is this, and this
only, extension of time by funding and
leaving the Central Pacific under con-
troll friendly to California, or owner
ship of the road by an Eastern railroad
company having no interest in Cali
fornia and nothing to conserve except
Eastern investment.
1t is now fully disclosed and no con-
cealment is any longer made Of the fact
by its proponents, that the scheme is
to defeat the funding bill, have a. forced
sale of the Governmen claim and pur-
chase of the transcontinental roads by
a strong Eastern syndicate. without a
dollar of interest in California, thus
placing this State at the mercy of an
unfriendly management, pledged TO the
upbuilding and promoting of Eastern
interests at the expense of California.
On Saturday last the Record Union"
averred this to be the scheme of the
anti-funders. We had not anticipated
such early proof of the correctness of
our forecast, but yesterdays dispatches
confirm the prophecy. Congressman
Mcguire, in an interview with San
Francisco Call" correspondent on
Sunday, said that the Wander
bilt and Gould interests will
aid the anti-funders because they
look forward to chance to buy
in the Union Pacific and Central Pa
cific lines at foreclosure sale, and thus
secure a through line from San Fran
cisco to New York. This, he adds, will
beat the funding bill.' and he should
have added. enslave California to the
Goulds and Vanderbilts
That Eastern money, Eastern influ-
ence and Eastern suggestion are behind
the agencies in this State that are fight
ing the funding bill is no longer con-
cealed- These influences have con-
trolled newspapers in the Eastern in
terest, and are the motive powers be-
hind all the agitation in this State that
is doing its utmost to deal California a
mortal blow. Evidence of this fact is
found in the edited head lines of the
San Francisco Call" of yesterday, in
Producing the interview with Congress
man Mcguire which read 'Maguire Sees
Victory Ahead" Huntington De-
serted by the Goulds and vanderbilts. ;"
Seeking to Purchase the Union Pacific
and Central Pacific at Foreclosure
Sale" Death to the Funding BILL"
ekp.. etu.
All this confirms the absolute correct
ness OF the Record Unions" express
sion on Saturday last when it said:
The evidences are being more and
more made clear that behind the sensa-
tlopalism and apparent insanity of the
anti-funding press of San Francisco
there are influences at work inimicaI to
California interests. Clearly there is
operating behind these agencies powers
that are endeavoring to wrest the
transcontinental roads from ownership
that makes them Californian, and turn
them over to Eastern magnates in
finance and management, who will use
the roads in Eastern interest and
against the best interests Of California.
The wolves have thrown off the
sheepskin and are now in openly con-
fessed race for the throat of California,
and the downing of the railroad system
under which the State has had its
greatest and best development, and the
turning Of the remains over to the mer-
cilessness of Eastern railroad rings.
AS the Record Union" prophetically
said on Saturday:
1t is desperate game to wrench
the lines away from an ownership and
control that stands for California
against Eastern grasping and place
them under control unfriendly to Cali
fornia, which will thus dominate ~. :
commerce and make ii seconds
Eastern points and Eastern CONNER
cial kings. No greater calamity could
befal California than this
We then pointed out that the latest
proposition made to "sen the roads to
some new organization" meant simply
q transfer without the Government re-
ceiving its due, for We said:
The shift now made from the demand
mand for Government ownership of the
transcontinental roads to the PROPOSE
ton TO sell the roads to some new or
ganization, which is to issue new bonds
for the indebtedness. and which the
Government is to guarantee. taking a