The record-union., 1897-10-05


one Industry of this county, which is
capable, under normal conditions, OF
great expansion, namely, the manu-
facture of pure olive oil. As the East
becomes aware of the existence OF ripe
picked olives, which figure as speclal
revelation to many Of our visitors, the
export trade in this delicacy VIII m
crease, and with care on the part OF the
packer, will almost care for itself. With
the olive oils the case is different Ine
American buyer and consumer has mad
his tastes formed on the cotton seed
substitute doctored to suit the demand
And the price of the pure article, as
compared with many mixtures anu
blends ON the market, is high. 80 much
the more necessary in the face OF THIS
condition is it to enforce the present
law, and for the benefit OF the Bar
bareno we print a list of analyses re-
Gently made by the health authorities
in San Francisco. 1t would be pecular
indeed if the very articles murdering
our industries should find their way
to our own tables. Vet Such Things
have been If our taste is perfectly sat
isfied by the cotton seed article, the
price should be correspondingly low.
and not influenced by a false name ana
lying label.
A ROORBACK.
Los Angeles Times: The roorback,
which had it's origin in the classic city
of ST. Louis, on the bank of the raging
Mississippi, to the effect that France
and England are to become allies Of
Spain in opposition to the United
States, is a story worthy of the wild
and woody West. England and France
have army contracts at home, and are
not in the least likely to hunt trouble
with our Uncle Samuel. If they should,
they viii be more than likely to find
out that Uncle Sam has a few friends
among the nations of the earth, as we'll
as others. That sort of a yarn fright
ems nobody.
APPLES AND ORANGES.
San Diego Union: It may be OF inter
est TO California orange growers to
know that this is an off-year for ap-
pies IN the East Michigan reports the
shortest crop for years. New York has
a light yield. Missouri may have a
better crop than usual, unless injury
should occur before the crop is ripe.
Illinois would have had a large crop,
| but drought ruined the prospects. Ohio
| reports a crop about equal to that of
last year. In other States apples will
be acarce. The light yield of this fruit
| in the United States would be advan
tageous to the apple growers Of Eu-
rope, but for the fact that they, too.
| have suffered in a similar manner and
perhaps. worse than their brethren in
this country. With apples scarce and
high priced at the East, there will be
an increased demand for oranges, and
these Southern California will supply
| in greater quantities than ever be-
fore.
TO GET THE GOVERNMENT OUT.
| Portland Oregonian: 1t is not news
| that the Government is to lose S20,-
! 0O0,O00 on the Union Pacific Railroad
1t has long been known there would
be a heavy loss, and it has even been
| questioned whether the loss would not
equal the whole amount of the credit;
! since the prior lien on the road is equal
! or almost equal to the sum for which
| the property could be duplicated now
The Central Pacific is in similar condi-
| ton: since there is also a senior mort
gage on the road nearly or quite equal
| to it's present value, and settlement Of
! its affairs with the United States will
naturally follow the settlement Of the
affairs Of the Union Pacific. The total
| loss to the Government, on this road
will not fall much short of $50, 600, 600
The only alternative plan is the pro-
| posal that the Government shall pay off
! the first mortgages, amounting to about
| $40. 900, 000 This would result in owner
ship and operation of the roads by the
| Government. But, in the first place, the
whole through line could now be built
for less money than would be necessary
to pay off the prior liens; and in the
next place, the people of the United
| States are unwilling to embark their
| Government in the railroad business.
| The debt of the Union Pacific to the
| United States on the first day of July
| last was 10,494, ,405. But the sinking
fund in the Treasury of the United
/ States, held for the reduction of the
! debt, amounted on the same date to
$li, ,ESS, ,2c9, leaving a balance due to the
! United States of $50, ,756, 1856 The syn
! dicate that proposes to organize the
| company offers the United States $45,-
fo4,049 less the sinking fund. or
| S2S,0io,S $40 in cash. The difference be-
tween this sum and the balance actual
! ly due to the Government would fall
little below 5000, 600, which would
| be the Governments loss. On the
! Central Pacific the loss will not be so
| much, since its debt is smaller: but
! the total for the roads will probably
be about $45,00O,000