The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1897-10-15
WILL SURPASS THEM ALL
Reorganized Union Pacific viii Repre-
sent a Great Railway Mileage.
Government VIII Increase Money order
Post Offices NEUTRALITY-SUSPICIOUS. Morgan
to HawaIians-War ON Civil Serv-
iee-To Use American Coins.

W ASHINGTON, Oct. IU-Nnen the
Union Pacific reorganization is COM
plete il will represent the largest capi-
talizat ton and a greater mileage than
any other railroad system in the United
States The capitalization will be
upon sufficiently broad basis to pro-
vide for the taking back of substan-
TALLY all the branches and feeders that
comprised the Union Pacific system as
it was in its full glory. This means
great amount of money. The 1,SO0
miles of rails which will be sold on
the last day of November in Omaha
represent in mortgage indebtedness of
one sort or another about S125. 000,-
600. Then there is the debt on the
branches and feeders, to say nothing
of capital stock of the various corpora
tions. The newly reorganized and re-
constructed company will start in bust
ness, it is understood, on a basis of
$500, 0OO. 900. When rehabilitated and
squarely on its feet the new Union Pa
cific Railroad company will stand as the
greatest achievement in American rail-
road reconstruction-great even than
the Northern Pacific or the Southern
Pacific railways.
The Treasurer Makes His Report.
WASHINGTON, Oct. 12.-The annual
report of the treasurer of the United
States will show that on June 80, 1896,
the total available assets of the treas
urv were 1855. 6S5. 321, and on June 80,
1897, they had increased to 1874. 764, 377.
In the issue of paper currency,
he - r-hiah
amount to 1914, S4S, 900, were exceeded
in only one year-1S92-and then only
by a narrow margin. The redemp-
tions. amounting to $3.50. 40, O2O, were
also relatively higher. The presenta-
ton of national bank notes for redemp-
ton increased to such proportions as
to overtaX the capacity of the force
employed in counting and asserting,
and required considerable advances to
be made out of the general funds of
the treasury. By an increase of the
force, however, the arrearage of work
was brought up before the close of the
year.
VIII Increase Money Order Offices.
WASHINGTON, Oct. 9.-The post Office
department has adopted a policy of
general extension of the money order
system. First Assistant Postmaster
General Heath believes that any post
office wanting money order facilities
should be given them. Complaints
have been constantly filed by business
houses that their correspondents at
villages are unable to send money or
ders because their post offices have no
f. h. Ho -
money order offices now in operation
is about %. 600. and the number prob
ably will be increased to 10000 before
the next fiscal year.
Senator Morgan to Hawaiians.
SAN FRANCISCO, Oct. 11.-AdviceS
from Honolulu are that United States
Senator Morgan addressed crowd of
enthusiastic Hawaiians a week ago,
telling them that the United States
could and would execute any contract
into which it might enter, that the
so, 600 islanders were numerically in
significant as compared with so, 900, 900
Americans and that the United States
desire to annex the island was not be-
cause of its strength. but because of
the progressiveness of its people.
War on Civil Service Rules.
LINCOLN, Ncb., Oct. 12.-F. S. Stoll,
ex-superintendent of the Chicago post |
office, is in Lincoln, seeking the CO.
operation of w. J. Bryan in a move |
ment looking to the overthrow of the
present civil service rules, more es-
pecially those made effective by Mr..
Cleveland's last order. 1t is proposed |
to hold a convention, probably at Gin
cinnati, some time soon, when per |
manent anti-civil service association
will be organized.
VIII Use American Coin.
SAN FRANCISCO, Oct. 1i.-Advices |
state that Nicaragua is endesvoring to
establish gold standard, and will use
temporarily the gold coin of the United |
States until its own coins can be SUBJ
stituted. The government will dis |
continue the use of silver temporarily |
to induce importation of gold.