, 1897-12-17
NEWS OF THE RAIL.
REORGANIZATION COMMITTEE IS
NOT ANXIOUS ABOUT THE
KANSAS PACIFIC.
Say the Price Has Been Fixed So High
as Ito Make 1t Undesirable-Mr.
Burt Believes the Line Not Worth
the Price-Sale OF the Denver Pa.
cific Postponed-Notes.

h return of General Gown, special
counsel for the Union Pacific, General
Manager Dickinson, General Solicitor
Kelly and Comptroller Mink 10 the I'm
Pacific from st. Louis yesterday set
railway gossips at work again predict
ing what the Union Pacific reorganiza-
ton would do regarding the Kansas
Pacific, the sale OF which properly has
been postponed until the middle OF Feb
ruary.
One of the gentlemen named said to
the Bee that nothing definite was
known here regarding the intentions of
the reorganization committee with re-
spect to the Kansas Pacific sale. Atten-
ton was called to a dispatch from
Washington to the effect that a mem
Der of the Union Pacific reorganization
committee had said hat the commit
tee had said that the committee would
not purchase the knasas Pacific since
the government had forced the upset
"a " Pio,vVo,uVu- ne OllCldl Sdlu.
"a member of the committee may or
may not have said that. If he did it
did not represent the opinion of the
committee. The gentlemen who have
the power to say what will be done re-
garding the purchase Of the Kansas Pa
cific are keeping their own counsel. If
they have decided one way or the other
no n here knows it."
The impression thai the Union Pa
cfic reorganization committee will let
go the Kansas Pacific, and confine its
attention to the Union Pacific property
is gaining strength in railway circles.
1t is argued hat nothing more desir-
able from a local standpoint could be
obtained. for in that event the Union
Pacific could give greater attention to
Omaha and would not need to take care
of Kansas City or other cities remote
from the main line of the Overland
route. 1t is rumored that the recent
inspection of the Kansas Pacific by
Horace G. Burt has resulted in the con-
~clusion that that line is not worth the
price demanded for it by the govern
ment, and that it would be to the best
interest of the Union Pacific to operate
only the main line, from Council Bluffs
to Ogden.
There have been several queries con-
corning the sale of the Denver Pacific,
which was to have taken place on De-
cember 16. General solicitor Kelly of
the Union Pacific said this morning
that the sale of the Denver Pacific
would undoubtedly go ove for 60 days.
While nj orders to hat effect have yet
been issued, a mutual agreement has
been reached that the same course be
pursued with regard to that sale as has
been followed in the case of,the Kansas
Pacific.
Asked his opinion of the sale and the
purchase Of the Kansas Pacific, Oliver
W. Mink said to the Bee: There is
but little or no news to add to what has
already been printed. The sale of the
Kansas Pacific was postponed 60 days.
The government feels that it should get
out of the sale of the property the full
amount of the governments claim,
which is all right and is expected of the
governments representatives. On tho
other hand the reorganization commits
tee feel that they could get along with
out the Kansas Pacific. believe the
matter has not bee nedcidcd. l doubt
If it will be for some time. Each side
has been given 60 days to think the
matter over, and will probably take ad-
vantage Of that time to thoroughly ON
slider all the issues involved"
What progress has been made to-
ward the transfer of the main line Of
the Union Pacific to it's new owners,
Mr.. Mink"
THE work Of, settling up matters
preparatory to the transfer is progress
ing quite as rapidly as possible. l IAN
not say when this work will be COM
pleted, bat possibly about the middle Of
January. Everything seems t. be go
ing along nicely now, and If there is no
unforeseen interruption l think the
transfer may be completed by that
time.'-Omaha Bee.