The San Francisco call., 1897-10-27
THE UNION PACIFIC SALE.

MOTION the part OF the Government to procure
~ postponement the sale of the Union Pacific road has had
the effect of inducing the reorganization committee to in
crease the amount of its guaranteed offer to sufficient to
the full of the claim of the Government against
the road On the basis of this Offer according to the latest
reports Government has decided ask for postpone
men 1t will have the sale carried out the date
fixed, inasmuch has virtually gained all that it was
striving for.
The result is not unexpected. The public has been
aware all along that the Mckinley administration has
been earnestly working to gain for the Government better
terms than secured by the original agreement entered into
by Mr. Cleveland and his Attorney The first step
gained arrangement by which the guaranteed
the minimum to be offered for the claim of the Gov
eminent was raised above the amount of the first
guarantee. That something but enough, and
the administration continued its efforts obtain bid which
would save the Government from any loss whatever
These efforts fortunately seconded by the good
suits flowing from the enactment of the Dngey tariff. 1t is
evidence of the harmony of Republican policies that the
effects of any tend augment the beneficial ef
tes OF Others Prosperity resulting from the revival of trade
under restored protective system has encouraged capital
take part in enterprises, and consequence there
bidders for the Union Pacific under Mckinley than there
would have been under a Democratic administration.
Every step taken by the administration in dealing with
the has tended guard the public interests. All
been done openly and each successive arrangement has
been announced made There has
thing the situation justify the of conspiracy which
has from the yellow journals These camors have but
aested the excellence of the work of the administration
they have shown what false issues the calamity howers
had to raise in order have sembance of
attacking the administration of prosperity.
In connection with these clamors of the yellow journals
there incident sufficiently amusing be worth noting
The Examiner has been of the oudes in screaming
piracy and of the most brazen charging that the
spracy made by the Mckinley administration though all
the world knows the famous arrangement with the syndicate
proposed buyers made by Cleveland with the con
of the Democratic party Congress. When dispatches
received from New York announcing that other bids would
made for the road and that likely the Government
would lose nothing the organ of the absentee editor
the moment thrown off its key 1t necessary print the
news, and all could do display it with big headlines
announcing The Union Pacific conspiracy frustrated by
Government"
The CALL at that time said this sign of weaken
ing the part the yellow osna and predicted that
could collect the wits of the scattered absentee would
nounce Union Pacific conspiracy frustrated by the Journal
Examiner That prediction yesterday fulfilled by head
lines in the yellow journal declaring ''Ihe infamous Union
Pacific Railway conspiracy defeated through the efforts of the
press. has been long, hard fight but Attorney
McKenna bows to the of public opinion first by
the Examiner