The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-10-29
JUGGLING WITH THE UNION PACIFIC.

| Yesterday the whole country rejoiced
because it had been announced that the
sale OF the Union Pacific railroad to the
reorganization syndicate had been post
poned till Congress could convene.
| To-day it is apparent that the deal is
not off, but that the administration is
merely trying to trick the people. Yes
terday's New York Journal had a car
toon by Davenport representing McKin-
ley as a sleight-of-hand performer stand
! ing before a trick table. On the table Is
an apple or a round substance of some
sort with the word "Postponement'' OH
it, Mckinley has the air of a profession
| al magician, with one eye closed, and
| holds in his hand n cover which he will
soon drop on 'Postponement" with the
assertion Nov you see it, and now you
don't" Just behind the curtain is Mark
Hanna, with leer on his face, and dol
lar marks ON his clothes.
Editorially, the Journal. under the It'll
"A Double Fraud on the People" scores
the President for his insincerity and
weakness, saying that he was merely
acting a role designed to save his repu-
tation," and j. Pierpont Morgan and
Coils T. Huntington prepared "a new
and larger mattress for the President to
fall upon" The country knows that a
comedy was played for its deception
with Mr.. Mckinley as the star, and the
syndicate the supporting company" IT
predicts that "before the deal is con-
cluded the steal will not fall far short
Of the $20,000000 on which the syndi-
cate has set its heart" The Journal
traces the change to the big campaign
contributions made to the Mckinley
campaign by Huntington, Morgan and
others Of the syndicate
The World urges the President to
stop the whole steal" and tells him
that he can secure enough money from
the road to satisfy the whole of the
governments claim. Many Congressman
telegraph the World their congratula-
tons upon its effort to smash the deal.
Hon. w. w. Kitchin, North Carolina's |
only Democratic Congressman, expressed
the sentiment Of the party when he
wired: Il approve the great efforts of
the World for the postponement Of the
sale Of the Union Pacific Railroad"
Senator Mitchell, Of Wisconsin, tele-
graphs:
81 do not believe in government owner
ship Of railroads and telegraph lines, but
think in the case of the Union Pacific
Railroad, the United States should re-
tain possession of or bid in the prop |
erty, until suitable price for it is OBJ
tanned"
The New York Evening Post, which |
did not believe the syndicate could be
forced to pay more than they originally |
offered, says:
eve are aware that the Union Pa
cifc government directors and the
officials of two administrations had
advised accepting the syndicate's
offer as the best obtainable; but it
now appears that it was not the best
obtainable by $S,000,000.
'This, we say, ought to be ex-
planned. Such transactions unex-
planned do more to promote Bryan
ism and socialism than all the books
and speeches together"
The New York Herald says the ad-
ADMINISTRATION can get every dollar for the
governments claim "if it maintains the
spirit it has displayed in dealing with
the negotiations over the main line"
The New York Times and the Tribune