New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-10


e Mf IN hs Course Of the
serton that the managers OF TIE Gen.Ia, rmfm st
rates for transportation.
To this Mr. Watson lkep' ONO, rep rep, ,1 re,e.
in the East. and finding them reasonable ana
Mr. bartlett Dem. N. " opposed the bill de-
carng II the worst: most infamous measure wv
proposed In connection with the SUBJECT.
THE EXTENSION OF THE DEBT.
Messrs Cannon Rep.. I'D and Kyle Dem
Miss) advocated the passage OF the BILL the lat
ter controverting especially the statement Of Mr..
Mcguire that the bill extended the payment 0,
the debt for eighty-three years. He had nsureu
Il out and under the terms Of the bill the ueo'
and interest would be extingushed In ior'y-se'ch
Mr Magurc-Does the bill provide that the DEBT
shall have been paid at the eNp'ra''o" VI '''''
Mr. Eyie-it does not But If the companies eser fall
to Sar. IS SS an; Amply
Merrs Harrison pem 'crn Al, s I mistaken in the
TeX sa,H i be had made being sled by .ee-
gram from somebody-who it was the coh''"'''e'
strong speech against the bill was made by mr.
Grou (tep w. who charged thai me hu mad
~ tho roads not only ated other people put
cheated Congress In the dealings oyer the Ioans' anu
il was the business of Congress 10 look INTO tne con-
duct S these Sem e row IN and 'nf n the future
Mr. Knox ReI MSss .aG ne na the as
matter Of constructing the Pacific raroads Wa va na
S 9s first rs %Sr Ss hast Win ~ @een
the officers and directors said Mr. k dsoS,,s our
peneniiarles would have to be en!aTged BTt ,ne
time had passed when these men couu ne pom, W
whether or not some action should be taken when
would preserve some portion OF we vas comnsnirs
invested in the stocks ana noncs OIL the 'o'''''
N Mr. ' Perkins GRep Towal with much feeling T Sy
Ia cd how the great Northwest had been deraud eg
the diversion Of the line of the Sioux cry and r1c 1n
branch of the Union Pacific from the drectlon ~, ~.
lly
prstences The line could not be ,ss R,ck H
or The Missouri Rver--the Back Hills really peihS
300 miles from the proposed route ., amo,d
M r s1Shfnisk the RfP non S Pnc
ing the mortgage TO the uneh Hiss' , ~ ' a
aas Of way of % 100 feet TIN in Width Oh
Delaware and Potiawatomc ksser,ali9m IN
favored the passage Of the bill as reporIra' re,ao
n mr. s snsssstl e' Mr. Fsrs the California
delegation favored from Bdd
of California saying tina! the California Lesislatnre
sad asreen 10 b Pa"Sc rsroads indebtedness
the Government or any extension ot ire i an
excessive capitalization Of these roads thus requiring
high rates OF fares and resnts to mser ' ana dissd
vantage OF the people of the State OF California u ,
clarlng opposition to the passage % 'r
lection Of the companies debts the enforcement or
! the existing laws.
AMENDMENTS ADOPTED.
Mr. Parker Rep.. ~ j. moved amendment
| making more specific the schedule of property anu
| assets OF the Union Pacific which shall be subjected
TO the proposed mortgages 50 as to lhciude an
tho stocks and bonds held by the company or when
NAV be acquired by its successors or assigns. the
| amendment agreed io-% to l. Also announcer
amendment forbiddDg the company to dispose OF any
OF its assets without the consent OF the Secre'a! Oh
'' The amendment previously offered by Mr.. Brod-
erck, relating to the right way ,nn a. also
agreed TO- -, ...s,o. NJ
u,heT s %Ss madG DEM the %
| CRep. 1l) and Northway Rep.. Ohio)-the latter
informed as should be in order to enable ihs
| members to vote intelligcntly. Mr.: Northway saln
&c stand just where it did the
law Il he said mo necessity Iof forrn ih
Government foreclose we are the only power
that can compel that to be done. Ana Seso o,t,o
| ment I would have the Government foreclose the
mortgage take the road and operate It, CAP
The substitutes for the pending bill. Of which
notice had been previously given by Mr. Bell Dem;
! Text to make the rate of interest on the extended
debt 8. per cent instead of O. and by Mr. Harrison
Of the a o hs Tres" the
the Interior end the ne 10 be
dent, were formally offered and considered 10 De
MIR Northway moved an amendment to the Har,
| rison substitute. providing for a commission OF
| three persons one to be appointed by each OF the
| officials named. to make the arrangement ~
| Again getting the floor. Mr.. Bartlett (Dem ~ )
| said that while he did not believe In Government
ownership of railroads. If Congress found II neces
sary in the protection Of the interests OF the PEG
pie. to take the road and operate H. he was ready
| to accept the consequences OF the act.
CLOSING THE DISCUSSION.
| Mr. Hubbard Rep, Mo-. concluding the con
| sderatiOn OF the bill advised non-action and Tho
reference Of the matter to the new administrator
| for settlement when there has been further oppor
| tunity to acquire adequate information. which II
had not now.
The closing speech was In favor of the bill by Mr.
Grosvenor (Rep Ohio) He said that it was sig
| nifcant demonstration when few minutes pre-
viOusly distinguished Representative tMr. North
way had given to the House the apparent alterna
tive of either abandoning its debt altogether or o
Government ownership and operation OF the road
| Every advocate OF the Ocaa platform said Mr.
Grosvenor sent up II paean OF applause for Thu
| declaration" (Groans Of dissentD He said TIT
House had been. through its best talent. four year
! investigating this subject, and he was not Willing
| that gentlemen who would not he in their presen
| positions then should refer this matter in all IL
| deformity of defeated bill. together with tn
| Cuban and other unsettled controversies, TO tin
| next Administration. on the theory that their sue
| cessors would be any better informed than them
| selves. He could not agree that this question
| should be maintained in its present condition in III
interest of California politics. The path of duty wa
| clearly marked out by the majority OF the Com
| mittee Pacific Railroads, and In IL lay the pas
| sage Of the bill
| The committee at o'clock and the bill AM
| pending amendments were reported. and the Hous
at sos o'clock adjourned until Monday.
ARRESTED MEMBERS MAY VOTE.
PROCEEDINGS AGAINST ABsENTEEs on FRIDA,
NIGHT DROPPED