The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-02-16

amble of the resolution, but also to the
wording of the resolution, as discourteous
to the attorney general. Referring to a
petition from a London banking firm
read as a part of Mr.. Harris remarks
| which contained evidence that there was
trouble between the reorganization COM
mittee and those whom they represented
he said that. when rogues fell out honest
men were likely to get their dues.
THAT is a consummation devoutly TO
be wished exclaimed Mr.. Harris. when
these thieves fall out perhaps the United
States viii get it's dues"
Mr.. Gear, continuing, regarded as the
greatest plume in the cap of the present
administration the fact that it received
| 100 cents on every dollar Of the Union
| Pacific Indebtedness.
Then why is it willing to accept 48
| cents on the dollar of the Kansas Pacific
Indebtedness" inquired Mr.. Morgan.
Il don't know that it is" replied Mr.
Gear, 'but if it is, perhaps it is because
the road is only worth IS cents on the
dollar"
FORAKER TO THE RESCUE.
Mr.. Foraker Ohio discussed the situa-
ton as it had been viewed by the pres
ident. The president had asked congress
to give him authority to enter the sale
Of the Kansas Pacific as a bidder but
congress had taken no action. The final
offer made by the reorganization COM
mittee, the president had evidently regard
ed as reasonably satisfactory. Senators
might differ from the president as to the
value of the property, but he had con.
suited many well informed persons and
felt that in receiving the full amount of
the Kansas Pacific debt, less the interest,
he was doing very well.
Mr.. Gear moved that the resolution be
referred to the committee on Pacific rail-
roads.
Pending the vote on this motion, Mr..
Turpie declared that an effort was being
made by the reorganization committee to
recoup ont of the Kansas Pacific sale
what it was compelled to pay for the
Union Pacific main line in addition to
what it had expected to pay. He main
tanned that the Kansas Pacific branch
was necessary to the owners of the main
line, and that they were compelled to
purchase the branch road. In view of
this fact they ought to be forced to pay
the six millions of interest due.
Mr.. Turpie then offered the following
resolution, and asked that it lie over until
tomorrow:
Resolved, as the opinion of the senate,
That the sale Of the Kansas Pacific divis-
ion of the Union Pacific railroad made
today ought not to be confirmed except
upon the terms that the original claim
States from the said railway company of
the Kansas Pacific division be paid in full
by the bidders"
Mr.. Gears motion to refer the resolu-
ton to the Pacific railroads committee
was submitted to the senate, and the mo-
ton was defeated 1884.
Two verbal amendments by Mr.. Chand
Ter were agreed to, and the resolution was
adopted without division.
On motion of Mr.. Chandler, the prean-
BILE was then stricken from the resolu- |
ton. -s---s ~-.- .-..+ .,.sasA |
HARRIS RESOLUTION.
The resolution as adopted reads as fol- |
lows: .. a.
Resolved, That the attorney general |
is directed TO inform the senate if he has |
authorized the aDandOnmenC Oh any III |
tention to redeem the first mortgage bonds |
issued by the Union Pacific railroad COM |
pany, eastern division, now the Kansas |
Pacific division of the Union Pacific rail- |
way, and to ask a postponement of the |
sale thereof and for the appointment of |
a receiver therefor in the interest of the
of the United States, and
also if he has authorized an agreement /
by which said property is to be sold for the
face value of the subsidy bonds, resulting
in a loss to the government of the amount
of $6,624 1O7 and if the government had
agreed not to be bidder at said sale"
At p. m, on motion of Mr.. Davis, the
senate went into executive session
After the executive session the report
of the attorney general on the Harris
resolution was read.
A bill was passed to create local board
for the examination of steam vessels in
The senate, at 5:35 p. m, adjourned.
"Noxacold" positively cures a Cold or
La Grippe in a day. Guarantee in every