The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1898-10-14


~ charges in the same
% Who passed this law?
= The POpulist party in the 1897 Leg
AEEre
@ Are there any public stock yards
n ths State TO which this law applies?
A Yes, the one at Kansas City.
e What reduction did the law make
n yardage charges2
A. 1t reduced the charges for cattle
FUm 25 to Is cents a head, calves from
- 60 8 cents per head, hogs from TO
= sEGts Per head and sheep from 70
9 eents per head
O what reduction did It make in feed
EEs?
A. L eliminated the charge Of 81 per
EeI for corn and 81 per hundred for
~ and provided that the company
~Aslld not charge to exceed 100 per cent
E4Sge the market price.
q Do the Kansas City stock yards
89any comply with the provision Of
- Eaw2
a It did not, but went -tosthe Federal
-sSIECs and secured a temporary injunc-
- against Attorney General Boyle en-
11n1ng him from prosecuting IL for its
azsal to obey the law.
q What reason did it assign for not
Sgmplying with the law?
A It alleged that the rates were not
1mpensatory and that it would ruin its
-4szs5ness.
%. what did Judge Foster do in the
saatter?
A He appointed Judge Geo. ". Clark
- = special master to take testimony as
- the cost and value Of the Kansas City
sss8ek yards, and as to the reasonable
Elss OF the rates fixed by law
Q What did the special master do?
A he proceeded to take testimony for
twenty-five days and made a report
Which was accepted and adopted by the
-ssg5
- What does this special masters re-
sort show?
A First, that the Kansas City stock
cards company started out in 1871 with
q capital stock Of $4,000 paid in cash;
GPc5TEd. that up to February 1, 1887, it
4ala expended upon the plant cash to the
amount Of 81, 484, 500; third that dur
* this time il had drawn out cash to I
S&e amount Of $4.660. 976; fourth, tina. it
8 I'D watered its stock from time to time
EzE1 it had outstanding stock to the
iSs1oUnt Of S7,366 $50; fifth, that its pres
sza6 ValQe is S5,38S. OO3-25
Q. Does the report Of the master show
sszt from an investment Of only SGT. 900
- company, out Of the earnings Of the
Es1s1t, has expended 81, 4S4. 500, divided
n cash nearly two millions and a half
end still has a property worth over So
Sseyeo0 upon which it is asking the stock
p S71tsers to pay revenue?
a. Il certainly does.
Q Whose money built up this tremen-
AsElE1 business2
A The money Of the men who ship to
- Kansas City stock yards.
@ What does the masters report
FSAoW In regard to the profits Of the bust
SEEs for 1896?
A. FIRST, that the total receipts were
$ Ill, 271.22; second, that the total dis
W8ements were 1855. 1928, leaving a
? ~ Income for the year OF S646, 558.73.
@ What per cent. Of profit would this
- IN the capital stock?
a The masters report finds that Ii
EgGld be 1886 per cent. but as nearly
.o0O, 900 OF this stock represents moth /
ssag bot water, the actual return IS about /
- Per cent
q What does the master End that the !
Ed1ts OF the concern would have been
- tae year 1896 had the legislative rates
-1e9en IL fOrce2
"a How much OF a saving would this /
- Tor the year2
a $500, 651.77.
@ To whom would this saving be
p Ezsdes
A To the stock raisers who ship to
s-sAe Kansas City stock yards.
q Vow would the business for 1897
Ecmpare with that Of 1896?
A. The twenty-seYenth annual report
- the company, for the year ending De-
SEmbeT 81. 1897, shows that more cat
Ala- more hoes. more calves and more
sEAeep we're hardIed in the yards in 1897
-1aRn ever before, and that the business
- tho yards is growing So that this
Ge saving made by the Legislature viii
E7DUEll' exceed 100000.
O. What pcr cent. Of the stock han
tZed IN the Kansas City stock yards
7nlsS from Kansas?
A About so per cent.
q What has been the result Of the lit
SltaOI so far
A Judge Foster sustained the law in
nurr|
ElFTied the after before Judge Thayer.
No also sustai ned the law in every par
Gtculer and has now taken an an
De1i 10 the Supreme Court Of the United
a1tes v eT win probably be heard
-ZsL2 January
- What provision has been made TO
fooect he interests Of the shipper in
- meant met
a 1hF court. at the request Of Attor-
EEg General Boyle, has required the
glDes , Fas company to enter into bonds
- rPturr C every shipper the excess
GalTees oveT sld above the law that he
ET - Tegu d to pay during the pend
RGF uf the suit, provided, Of course the
Nv ~ Upheld by the Supreme court OF
Gsa United States.
g Wtst does this mean to the ship
~
A Il r,eaus that the company win be
Neelhred 20 refund upwards OF $500 600
sEcssS Chargrs taken during the years
~ -R1}6 1855 from the shippers. and
1at uPorly 1900 900 Of this VII come
- 4be Sd Ppers o. Kansas
- ESbH1 zrF some OF the results that
AEFe already aecrued 70 the shippers?
A. The C0Hipany has made a partial
Wpisance VIII the law BY making a
G1uEat0a Oh feed charges and Oh some
@lT6sgP cHargss.
q What else has this litigation dons3