The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-08-19

ment Of said debts, ana pledging our can
didates for Congress to oppose the same.
We also pledge all candidates for the Legis-
lature not to vote for any candidate for
United States Senator who Is not opposed
to any extension of such time upon any
terms whatever. We favor the foreclosure
of the government liens upon the Central
Pacific and Western Pacific Railroads and
their sale for an amount sufficient to pay
the entire claims Of the government, or Il
a price sufficient for that purpose cannot
be obtained. that the government bid In
said roads at the foreclosure sales and hold
them as public highways for the benefit Of
the whole people.
Freight Rates
We commend the efforts of the Demo-
cratic majority of the present state rail-
road commission to bring about fair and
reasonable reduction of freight and fare
charges for railroad transportation within
the state of California and we deprecats
the unreasonable postponement of those
advantages to the people of California by
diatory proceedings instituted in the fed
eral and state courts by the Southern Pa
cif1c company in evasion of Its obligations
to the state and in defiance of the condi-
lions upon which 1t holds it's public franz
chises. We condemn the action Of the last
Republican legislature for refusing to ap-
proprate the money necessary to enable
the state railroad commission to properly
defend its rights, the effect Of which will
be to extend for long period the Southern
Pacific company's monopoly of railroad
transportation in California. We also de-
nounce the proposition to further extend
the period of payment of said debts and
placing our candidates for congress to OPP
pose the same. We also pledge all candi-
dates for the legislature not to vote for
any candidate for United States senator
who is not opposed to any extension Of
such time upon any terms whatever.
Favor Foreclosure
We favor the foreclosure of the govern-
ment liens upon the Central Pacific and
Western Pacific railroads and their sale
for am amount sufficient to pay the entire
claims of the government. or if price suf-
! fcent for that purpose cannot be obtained.
that the government bid in said roads at
the foreclosure sails and hold them al pub
lie highways for the benefit of the whole
people and empower the state and federal
| courts to properly investigate the business
methods. earnings and expenses Of the rail-
| roads subject to its jurisdiction.
Fictitious Capital
We reiterate the position repeatedly as
serted by the Democratic party Of Califor-
MIA that in the Limitation of freight and
fare charges by the state railroad commits
| sion no allowance should be made for in-
terest upon any fictitious Capitalization Of
railroad companies; that reasonable in
terest should be allowed upon the acutuai
| investment in the construction of the rail-
| road. including stations and terminals and
upon the actual value of rolling stock and
other property used in connection with the
railroad transportation and no allowances
| should be made as or for interest upon the
| value of any privilege given by the people
to such companies, and no allowance of in
| terest upon any bonded indebtedness be-
yond the actual value of the railroad meas
| ured by the cost of reproducing 1t at anv
given time at which rates are to be fixed.
| In determining the allowance to be made
| for operating expenses of railroads. the
commission should provide literally for the
wages of men employed thereon and all rail-
road companies should be compelled to pay
wages in accordance with such allowances.
! River Navica+;on
| r.... -
| 80 harhors 90 aCI,snr,,a 10 ~ e. sr...a,x
| ,..,,ar.anoa o. ~. ,o,,x,aroa 80 Sav.,on-
| - - ~. ..o.. ,a ~ th..oeo
,,-a. 49,, a,or,,;o, ~ oonoro.. ~, ,,.x,ar.
- - .,,r,,,, ,,.oroI ,n,rorr,,.,o,. A..
49, a,,toe. - ~ ra,,,r, hs,,,,, 80
,mnrovement of the same. FulIv realixinr
the great importance of early completion
| of the work undertaken upon the Sacra-
mento and San Joaquin rivers, and the pos
sibility of placing the Improvement of
these waterways under the contract sys-
| tenn at an early day, we pledge our repre-
sentatives in congress to exercise their ut
most endeavors to accomplish this purpose
and declare that the completion of the i'm.
proyement should be expedited by both
| state and nation.
| Whereas. this Is the first time in the his
tory of our state, notwithstanding vast
sums have heretofore been expended in
making surveys for plans of Improvement
and reports thereon, that practicable effort
for the Improvement of navigation and
Hood water escape has been inaugurated by
the state under approval OF the Unite"
States board OF river engineers and sanc-
ton OF the secretary OF war.
Therefore, be 1t resolved, that we COM
mend the commissioner OF public works