Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-01-14
NATIONAL CAPITAL BUDGET
House Committee on Pacific Railroads
Has Decided to Reopen the
Settlement Question.
CUBANS DO NOT WANT TO COMPROMISE
Senator Morgan Offers An Important
Resolution in the Senate Regarding
the Governments Interest in
the Pacific Railroads.

washington, Jan. l4.--Ihe mousse coAh
mittee on Pacific railroads decided to-day
to reopen the question of settlement
with the roads. A subcommittee was ap-
pointed to consider the presentation OF
substitute for the defeated Powers bill, In
the line of Mr.. Harrison's plan for COM
mission to be appointed by the president
to represent the government and make
settlement. There will be hearing on
the question on next Wednesday.
ANOTHER BADLY MANAGED BANK.
Mr.. Coffin, acting comptroller of the
currency, has received a telegram stating
that the Merchants National bank, of
Ocala, Fla, suspended to-day. The bank
has a capital of 100000. At the date of
the last report the individual deposits
amounted to $1OS,OOO and the payable
bills to $3S,O0O. Bank Examiner Shu-
brick has been placed in charge. 1t is
stated that the bank has not been we'll
managed.
THE oUBANs ARE IN EARNEST.
Mr.. Queseda, of the Cuban junta, to-
day received long letter from his uncle,
Salvador de Guisneiros, president of the
Cuban Republic, which, by inference,
gives denial to the reports that the In
surgents are willing to negotiate terms OF
peace on any other basis than absolute
Independence. Queseda declares that
there is absolutely no truth in the reports
Of pending compromise on the basis OF
home rule for the Cubans and says: "The
Cubans are determined to fall like men
rather than shamefully and with coward
ice renonnce independence by entering
into or accepting any agreement which
would mean the abandonment forever of
the high ideal of complete emancipa-
tion."
SESSION OF THE SENATE TO DAY.
Senator Morgan, of Alabama, intro
duoed the following resolution in the
senate to-day:
Whereas, II is alleged that certain
bonds issued by the United States in aid
of the Central Pacific railroad and also
the Union Pacific railroad have fallen due
and remain unpaid, and that, by reason
of default, the property held and owned
by the said companies at that time be-
came the property of the United States,
and that said property of every descrip-
tion so held and owned by the said COM
pHQl6B III bIlo Ululo VI cuoLl uOlouiu hoW
right fully belongs to the United States;
Resolved, That the committee on ju-
dietary is directed to examine into and
report whether such allegation is true in
fact and in law, ard that they report the
nature and character of the right and
title Of the United States in and to said
property under the law, and whether
either Of said railroad companies has any
lawful right or equity of redemption in
said property.
The resolution was ordered to lie on
the table.
Mr.. Morgan announced that he desired
to address the senate upon it.
The bill providing for free homesteads
on pu blic lands acquired from Indians
was taken up with view to taking a
final vote at o'clock.
Mr.. Jones, of Arkansas, supported the
bill, saying that it was for the benefit of
the body of the people, whereas most OF
the legislation of congress was for
favored interests.
TERMS NOT AGREED UPON.
1t is positively denied that the United
States and Spain have practically con-
cluded an agreement regarding the terms
to be offered the insurgents for settle
ment of the Cuban rebellion.
The free homestead bill passed the SEN
ate this afternoon bya vote of 35 to IL.