The herald., 1897-01-09

faulted. He favored settlement, out
would not vote for measure which
would cut of the right of the govern
nlent to proceed against defaulting di-
rectors and officers of the roads who
enriched themselves at the expense oil
these properties. He wanted 1t distinct
ly understood that this or any other
funding would give these men quit
claims.
els not that the real purpose of the
owners of the Southern Pacific?' asked
Mcguire.
1T is, in my opinion, the prime motive
of all this legislation" replied Boatner
sThe owners of these colossal fortunes
are more interested in relieving them
selves of this liability than settling the
rights of the United States"
Swanson, Democrat, of Virginia. In
opposition to the bill, asserted this bill
constituted the poorest proposition from
the standpoint of the government ever
submitted to congress. Two years age
the Union Pacific reorganization COM
mittee offered a proposition twice as
good as this. In analyzing the Dill he
said:
"It would push $45,000000 securities
ahead of the government lien. Ihe ldea
that the governments lien was worth
less was ridiculous. Certainly no ont
contended that the governments mort
Union Pacific and Central Pacific, yet
the stock offer of the former OF face
value of s6s 900. 900 sold on the market
YESTERDAY for $40 and that of the Cen
trail for SIS.
.sThe stock of the Union Pacific in
terrupted Bowers, "is subject TO assess
ment."
$50 much the better for my argu-
mant," replied Swanson. II IL was no.
a,1t II would he WORTH
s25. Pass this bill and next day IL Will
be worth $25.'
Mccall Republican, of Massachusetts
to whom ten minutes was yielded' op-
posed the measure, and devoted ms Time
to q refutation of the claim that inc
United States at present had no leh OH
the Omaha Terminal.
Johnson of California. in the course
of A speech in favor of the Pacific roads
hin this afternoon made 81 sensational
attack on MAYOR Sutro of san Francesca
and Editor Hearst of the san FraEcisco
Examiner. Hearst came in Tor most
emphatic castigation, Johnson nlahIi,s
SERIOUS allegations against nm: ne
said every member from California eh-
cent Bowers would favor the Dill II ne
dared to express his honest sentiments
Bowers interrupted TO insist 'na' .nc
sunreme court mad decided that the lien
oe the government extended only to
nortions Of the road actually aided.
continuing, Mccall said he did not
ar,-se with much of the inveCtive against
thesa roads He thought there shouiu
he q settlement. but the terms of the blli
were, too liberal He argued that the
rate of interest should be per cent.
Wheeler, Democrat. OF AlaDaiha saio'
he wanted the government to settle on
the hest terms to be obtained. He was
ready to accept Harrison's commission
scheme for lump sum, as proposed oS
the secretary of the treasury
Johnson Republican, of California Il
member of the committee, ana the only
member of the California delegation IN
favor of the bill. made Characteristic
speech of twenty minutes in ITS auVo-
cacy, He ridicueG the scarecrow Whlch
was always pushed into the horl]oll !
whenever a scheme for the adjustment
Of the Pacific railroads debt was pro
posed. The fact that the projectors OF
the road made money was something :
some members could not forget. EYE
rybody wanted to make money WhIt
would those who denOunce Huntington
have done if they had had the bulloihS
of the roads? If Mayor Sutro and "that
Hearst" to whom he applied ar oppio-
brious adjective, had built those roads
thew would not only have made money
they would have bankrupted the gov
ernment itself. Suppose the projectors
did make money, the question with us,
as custodians of the government m
terest is. how shall we get the govern
meHts money?
Johnson denounced eX-members Tor
lobbying on the floor against the blll.
He then proceeded to argue that ii was
idle to insist that the roads should pay
more interst then they are able TO. In
dliyidually. johnson said, he would be
willing to wipe out the debts OF these
roads, because that would be To the IN
terest of the state of California. If the
roads did not have to pay this debt they
could reduce the rates. The Dill looked
at the interests of the government. ar
being such this bill should be passed.
He declared with much feeling that
there was not a member from Califor-
mia. except possibly Bowers, who. if
he would express his honest sentiments.
would not support the measure. He
said they were ali afraid of the news
papers of San Francisco. All this ful-
mination against the bill, he said. was
due to Adolph Sutro and William X.
Hearst. The mertion of these names
seemed to arouse all the pent up ire In
Johnson's nature and he proceeded to
pour out the vials OF his wrath OH them
Johnson is always a vigorous taiker
inclined to use strong diction. but the
members who sat listening to him We're
not prepared for the philippe which he
launched
He detailed, Mr. Hearst's connection
with the San Francisco Examiner and
how he had built that paper, and said
that the people of California admired it
He said they were suspicious at first and
knew that Mr.. Hearst was erratic in his
conduct He then made inSinuationS and
allegations against Mr.. Hearst's per
sonal habits, but added that the people
believed he was honest. This was fol
lowed by more sensational charges ano
vituperative language.
And that is the man." he said, that
has created all this furore in California
He said that Mr. Hearst had intimidated
the people and created terrorism among
them with his paper. The paper haC
made caricatures Of the house, the chair
man of the committee, Mr.. Powers ant
the honored speaker. Il will not speal
for myself" he said. because l can ge
reasonably even with this man before
] get through
He said that Mr.. Hearst had caused
his edict that any man who dared favol
the funding bill Shall be driven from
public life ana ruined in private life, anC
shall be disgraced before the people anC
the gods.
When MrJohnson concluded his speecl
there was an ominous silence on The
floor. Mr.. Arnold of Pennsylvania made
"A brief speech for the measure, but the
house was still buZzing with the sensa
tion created by the California orator
When Mr. Arnold finished, Mr. Cooper
Republican of Wisconsin, one Of the
strongest foes of the Pacific railroad
funding bill. now, as in the past, tooh