The times., 1897-10-30
THE UNION PtCIFIG DEAL
Coniirued from First Page.

Ras the best thing for the Government
and Cleveland fell into the idea
When On..y Withdrew from the Attorney
Generals office, Judson Harmon, his sue
cessor, took up the work where he laid 1t
down and gave the syndicate every assist
ance necessary To carry the scheme 10
sruitlOn. The same men visited Washing
ton-Morgan, Benedict, Pierce, ct al.-and
after few short conferences secured the
consent OF Cleveland, and the deal was
given official recognition and made public
To the world. The upset bid OF S45,o0u,-
600 for piece Of property worth many
millions more was announced as a great
victory for the administration, and with
this prize within its grasp the syndicate
saw the administration Of Grover Cleveland
60 out Of power.
Then came the Mckinley Administration
anu the people were justified III believing
that the steal would be punctured and the
rights of the people protected. In this
they We're dOomed to disappointment. The
subject was discussed IN the press for
some tine, but not with tie tremendous
sledge-hammer effect that has been wit
messed recently The agitation as suffi-
cient, however, 10 force the syndicate To a
realization OF the fact that il was in
danger, and without pressure from the
Administration it increased its bid to
$4,000, 900. Then the Administration
announced that it had accomplished
triumph and declared that there should
be no interference with the order of the
court The sale was 10 go on ana this
bid was 10 be accepted a. fun pa yment
of the Governments lien on boththe Union
Pacific ana the Kansas Pacific.
Meanwhile the campaign grew hotter and
the participation Of Hanna became a
prominent factor in the deal. The political
importance Of the steal gradually devel-
oped, and the enOrndty OF the offense
against public decency became apparent.
TIE present administration, careless rs that
which had preceded IL, appeared TO take
no interest in the matter and laughed
at public opinion, which was being speed
fly nodded Not until Hanna, conscious
at last that he was IN danger, appealed
to the President to stop the fire " cTiti-
cism that was leveliBg the ranks OF his
supporters did the Attorney General real
tze that he Was fBOling with an Instrument
that was loaded, and opened his ewes to the
necessities OF the case. Ueathbed re-
pentanCe is not lasting aud this eleventh.
hour change Of policy is not destined TO
make the people have any more confidence
in the administration than il had before
the change OF heart was manifested. The
new policy was forced and lid not come
Willingly, and everything tue .Administia-
ton may DO in the matter is bound to lie
scrUunized closely hereafter
This scrutiny develops the fact that
rHe deal L
still stands TO win several millions of
dollars. The increase in its bids for the
Union Pacifici is based upon the agreement
that the sale OF the Kansas Pacific shall
be postponed until December ! > next. and
having secured TINS pledge the syndicate
viii in the meantime secure the valuable
property 1t desires ard leave the GOV.
eminent with the other property and
debt OF more than SIP, 100000 unprovided
Tor. They are thus relieved from the neces-
sity Of buying in this property and as
suIniug the debt due the Government. a
condition FOR which they have been schern-
ing for many weeks. The Attorney Gen-
eral, acting for the Administration, has
fallen into the trap, and that he did so
50 easily does not speak wei FOR the
Intelligence OF a man who. according 10
common report, is to be honored with
seat IN the Supreme Court OF the United
States.
Those close TO the Attorney General saw
he is worried over the attacks that have
been made upon him, as the result Of the
publicity given this deal, and fearful lest
1t initiate against him when his name is
sent 10 the Senate FOR the judgeship.
The Attorney General may well feel wor-
RED over the matter, for there are several
Senators who win not soon forget The
attitude Of Judge McKenna on this sub
Ject.
The Attorney General said last evening
that the cable from London, fnf.fnattno
that Coates. Son < Co., had Ca bIed thattb,y
would guarantee a bid Covering the whole
Government debt on both roads. was a mis-
Statement Of the facts.
According to the version of the Denarr-
ment OF Justice a representa- tive Of thar
nm IN New York had visited tha Attorney
General last Saturday and made a slrges-
tloa looking TO something OF this sort, which
IhFolFedanoth issue Of Govern nTient touds.
IAe Attorney General did not entertain II,
however because II was nianifeStIv ira-
posabie under the law for tile Trea slrrv
TO Issue any more bonds. on Monday this
representative again visited the Attorney
General and submitted modified offer
Mhch was not accepted. After again
eaollng TO London this representative on
Monday night made final offer, which
the department says did not guarantee the
Government debt on both roads, and was
not accepted Beyond that, it is said there
nave been no communication with Coates.
Son q Co.. and any statement TO the of.
Lect that this firm has been in connection
with the department direct is erroneous.
The Presidents Coincidence.