The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-04-28
IN THE RAILWAY WORLD.
Arbitration of Export Grain Rate
Tariffs to BE Reviewed.
REVIEW OF ARBl1RATI0N TARIFFS.
Exports and Imports of Halfway Ma
tctiai-New Hallway Mileage Pro-
posed-Headiight Finishes.
VIEW OF ARBITRATION TARIFFS.

Washington, April 2i..-The minority re-
port on the Pacific railway bill was sub
intted 10 the house today by Roprescnta-
tive Hubbard of Missouri 1t deals ex-
haustvely with the financial conditions of
the companies concerned in the proposed
funding plan. 1t argues that the minority
hill should be adopted for three reasons.
!. The committee has lear ned enough Of
the affairs OF the debtor companies to he
able to tel the house what is best TO do.
:. The companies made offers before the
committee and are undoubtedly ready To
conccde terms very much better for the
government than those embodied In the
bill.
3. The propositions In the bill are neither
gooi nor safe FOR the government. Under
The first head it Is contcndrd mat .Iost
OF the l'drilcs who appeared before tho
committee were interested in the iatl Ways;
that the DISTINGUISHED voice advocated
foreclosure prucc ,dings, not with tho view
that the gov, eminent should operate the
roads. hut to protect the government as a
preliminary step
The report compares the statement of
Central Pacific ootniugs made by It's at
torney. AIR. Tweed. with the statcmcn, In
luor's Manual from 1850 To 1871 In the
INST OF these years Mr.. 'fwecd's state
meni was SSeSvn. roors s6.obl, Sad; in the
llst wear Iweed's WAS Siiio0D, Poor's
At = L. Al
sti,.nr,cc thai tb,, hii vn,,id u. ,n,,.ioi ,ut
h,,n,is, LIN ,N,,,,,,,,s 49,, ~ l,s.'i,,.',,,
mi, ,n5,,r,,,s,,,t, iaics IN, ~. a.. ,,s ~,
Union Iart,ic is ,,o,,snrn,d il is an o,,,in,,
la ,hn rn,,',nnw's s,,,,,.,,.s,1rs ,,,,lI,,i,5 a.,
limo nna ltIniinr Nn ma ,,n,e,n,n,.,t f.,
rorr,,t.,i 10 IN, t',1,,,.,, pa,.fi,,, i, s",.s.
III vns aJvnnrni hrfnre IN, rnt,,,i,,,,
,,a nm ,,,..,, S,.,., ,I,nt ~. ro,t,ni Is
savr', ram sfi, oni me- hv ,' Tho g,., ih5f
lis suhsidv bnnds ave c,,r,.ie,, i,v iis fricne,s
v-it ho,,t int,,.et +, nr,ycnt th.,r rrns,,n
tntion Ia INC rnvern,nrn, fo, r.,v,n,.,,t
puu,iine This setiislucnt
FINDER mo Powers biu the rrincfnal
wr,,lJ ia rn,i,i,..1 TO- about sgS ol1 DO while
under no nthrr ,,l.n rn,ijd n he l.ss tLan
s35. lni DO exclusive of Sgoo0l Nj1 nrererred
stock i, thai were taken instead of that
amount al second mortgage installmrni
bonds. The off,r tho committee REJECTED
l. snil to he SIS Ohi nno h,tier man mi.
M,, u,,,,C, u,hirh :, g. h.,I thn l'minn Ia,
rii,c VIM pr,,rti.aIlv never ,av H., roy
c,nu,nt -, doll,r IN money.
Nr IInhhar1 holds mar for the nro
,ectlon 81 thn interests Of tho a,ovnrn,n,li,
ihsso. ruu,lifinus ,rc naces-3,., 10 my htll
M ,n.,n, iinrs nf mo ,-s,trni a,I
r-rtcn Pain, s-oi,ld ha ,,,it,I fnr IN,
st,,rdr, II Tho common security n.hi~h
tho rov.rl',,,.ni must tul;a nm both
Tba l-,i,.j s:tat.. shof,id nnvnr ,,.air,
rriv ,.unn :. i'tnin, .n,,r-nf.rr -.
. Nm vbirh t,ir,oi.is !, constitute
rontyects bv Tho T-nifnd states with othcr
MARINES sboiil1 1o,l with foundation titles
ma ,ra bnld,rs Of th,.,n
'rhero Is an ,.vhnl,sfiva conton,io,, of