New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-16
SALE OF KANSAS PACIFIC.
A LIVELY DISCUSSION OF THE NATTER
IN THE SENATE.
THE HARRIS RESOLUTION OF INQUIRY ADOPTED
COURSE OF THE ADMINISTRATION cFITl-
C1spD By THE KANSAS SENATOR AND
t, DEFENDED pr MnssRs. FOR
AKER AND GEAR.

road question In the Senate to-day Inc 'e'o.1
ton called on the Attorney-Generai iol w .a.o,,-
which induced him 10 abandon his pan oi &C
,, ,no AS, mortgage bonds OF the Kansas fao'i',
branch OF the Union Pacific ana ha,'e o.s ,h.
onorated by n receiver. Mr. Harris oehou"N ~
o.o,, Ma, N sell the road at the bid or ,ho ne
orcoriza,,on Committee as defraudns inc "o
rnent Of something more than *o"""'. " ,ho
ker Of Ohio. explained the we" any, 49,. ,ho
r,a,,er bv the Administration. sho"H'e
President was convinced that 'he ho =, ,os
Conorn,,tee proposed 10 pay for the rono al.
.A ~. rssoution was finally passed IN M
amended form. .,,rsd tho
Mr. Pet;us Dem. Ala) offered ana ,e,s.n,
massage OF a resolution requesting inc - 90
- not Incompatible with the pubic ih'e'e'.s
inform the Senate what action hao 49, =
:, reference 20 the murder OF Segundo \. hop.~'
,.,o. :, ,hn United States on April IL. ls~' III
,.a a,s,-,c. ~ San Diego del Talia Masuera,a
Crho nv armed soldiers Of Spain. commanded ''
Colonel ostrich a., ..-. tho
The Harris resolution was then ia'o '''0
Senate. 49,, M Oh
49,, 20 N. resolution. but did not approve Oh
IN. preamble which included press disp"'o"
THE UNION PACIFIC SETTLEMENT
~, 49,. ,sc,,,a that e might not insist on
49, -oo,,hl. a,..r he had made statement,
rhs Union PaciHc he said. for long I''o NO
o,,arnn,ed TO IN, icn;. Congress ana o'n0l.'
IN. Administration 70 scale down the ue'' -
oonnany 70 the Government aoou' ~ PC ~,
Y-n,u year AFRO last January the oo"pa"s
49,, ,,.uco.sstul At that time an arrahsc'.''
oVN" - ,r,,b Mr. Cleveland's Administration Wy
- ,bo road WAS 10 be disposed Of WIN 'os'
=. ~. Government Of about SS,oHcco. MI f'"I.'a
,,.n outlined the reasons why 'ha' AR" a
ves not carried into effect fuonc sen s a,
excused from Maine 10 California tnr ", =,
~. n.o,,e h. said being that they shonio no' -
,,,sou ,ha nr.sent Administration ca'ne INTO po"e
,,o question was crappled with, ana 'he NV
MEN, finally obtained every cent ouo '''
Union Pacific on the main line .....
..U-. ware all very glad" said NJ. Harris ma
~. Government received It's just Que ana ''9''
g.. r,o-a cor5laIlv congratulated the preseh' fN'
rrn,s,ration than on the successful heeo'' 49,
49,, ,,anssc,,or" N was also hoped. MI. h'r'is
..h -bo, ,ha Government would get the iHH N"'uo
Of the deb, due fror, tho Kansas fac'nc oia"s -
case the Reorganization committee e.o" " - -
20 nav the flll amour; due-aOout siSV''"'-' We"
the unders 'anding that the Government "ou'u ~.
deem -se fist mortgage bonds and have the rodu
onerated nv receiver A competent receiver would
show the value Of the property. which MT i"i''s
believed was quite s30ooocoo The REORGANIZATION
Committee Mr. Harris said had evidently succeeoeo
in obtaining from the At'orney-Generai such con.
cessions as had been outlined IN the ASSOCIATED
Press dispatches and the Government was 10 s'aho
,dv bv and see tho enormous OF s6icOcoo OF M
terest sacrificed The value OF the property. MI
Harris thought most important cohs'oeia-
ton By the Reorganization Committee ana py the
Union Pacific officials an effort had been maze 10
minimize the value OF the road 1t Is parlcularIy
significant" said M Harris. that the statements
n, the REORGANIZATION COMMITTEES and the officials OF
the Union Pacinc regarding the waite OF the main
line have been proved by subsequent events TO be
untrue As was said once by the Senator from Mis-
souri, (Mr. VesO: When they speak they lie. ana
when they are silent they steal
EARNINGS OF THE ROAD.
Mr.. HART. then discussed the value of the Kansas
Pacific road and said that having been civil en-
gineer on the line his information was that OF an
EXPERT He said that during the last eleven years
the line had earned amount equal 10 ger cent
on $50 0O0OC0 He further said that on February
the Attorney General had agreed 10 redeem the first
mortgage bonds and 10 have the road operated by
receiver. This arrangement. Mr.. Harris said. was
perfectly satisfactory 10 those for whom he spoke.
but the intention OF the Attorney-General 10 aban-
don that plan and 10 let the road 60 with loss 10
the Government OF nearly $1,000 was not only a
surprise him and others. but absolutely unsatis-
factory. Mr. Harris maintained that the Kansas
Pacific road worth the last cent Of the Govern
ments claim, and Il ought 10 be demanded by the
Attorney General
Mr.. Morgan (Dem Ala. referring to the effort
20 pass bill in the Senate giving power 10 the Ad-
ADMINISTRATION 10 become bidder for the Kansas
Pacihc Railroad, said he thought that the Senate
ought TO take that measure up and pass It, Whether
II would pass the congestion which sometimes
takes place In the other branch OF Congress" he
could not say 1t would be possible. however. thus
House OF Representatives which would stand in the
way Of the proposed measure Intended to save the
parties will sometimes permit robheres They VIII
swallow the consequences Of those robber.es with
selves be tuegied vita Whatever political parties
may do" concluded Mr. Morgan.
OBJECTIONS FROM Mr. GEAR.
Mr.. Gear Rep.. Iowa. objected not only to the
preamble but also to the wording OF the resolution
az discourteous TO the Attorney General Referring
20 a petition from London banking firm read as a
part Of Mr.. Harris's remarks. which contained
evidence that there was trouble between the Re-
organization Committee and those whom II repre-
men were likely TO get their dues
h Is 2s 90u be. to BE sSTsi on
out perhaps The United States viii get its dues
greatest plume IN the cap Of the present Admins
trston the Fact THAI i received 100 cents every
doT OF the t10n PaG &c i 5csan
dollar ~ the Kansas Paciac Indebtedness" In
VI don't know that I: Is" replied Mr. Gear But
~ 1, IS i Sc perhaps because the road is worth only
IS cents or the dollar
MR.. FORAKER DEFENDS THE PRESIDENT
Mr. Foraker (Rep., Ohio discussed the situation
rs II had been viewed by the President. The Presi-
dent had asked Congress TO give him authority 10
enter the sale OF the Kansas Pacific a bidder,
but Congress had taken no action. The Anal offer
made by The REORGANIZATION Committee the Pres-
dent had evidently regarded reasonably salts
factory. Senators might differ from the President
as 10 ;he value Of The property but ne had
suited many well-inforried persons and felt that
n 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 Railroads Pending
the vote on this motion Mr. Turpie declared that
Committee 10 recoup out Of the Kansas Pacific
Gale what Il was compelled 10 pay FOR the Union
Pacific main line, I'm addition TO what II hnd cx-
pected 10 pay. He maintained that the Kansas
Pacific branch was necessary TO the owners OF the
main line and that they compelled TO pur-
chase the branch road. in view OF this fact they
ought be forced 10 pay the 10000 OF Interest
due.
Mr.. Turpie then offered the following resolution
and asked that Il lie over until tomorrow:
iResoyed as the opinion OF the Senate That the
sale Of the Kansas Pacific division OF The Union
Pacific Railroad ought not 70 be confirmed excenf