The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1898-12-08
THE PACIFIC RAILWAYS,
Plan Adopted for Making the Cow
eminent Secure.

Plan Adopted for Making the Cow
eminent Secure.
In my last annual message stated: THE
Union Pacific railway, main line, was sold
under the decree of the United States court
for the district of Nebraska, the LIST and
End Of November of this year. The amount
due the government consisted of the prin-
cipal Of the subsidy bonds. S27,2SG,5l2. and
the accrued interest thereon, 81, 211, u,
making the total Indebtedness SIS, AS, 22375
The bid at the sale covered the first mort
gage lien and the entire mortgage claim Of
the government. principal and interest"
ef the r. th case fSn
case an upset price for the property was
fixed at a sum which would yield to the
government only $2,5OO,Oo0 upon it's lien.
The sale at the instance Of the government
was postponed first to December Is, 1897
and later upon the application of the
United States was postponed to February
interests of the government required that
an effort should be made to obtain a larger
sum l directed the secretary of the treas
ury, under the act passed March 8, 1887. to
pay out of the treasury to the persons en-
titled to receive the same the amounts due
upon az prior mortgages upon the eastern
Of any money in the treasury not other
wise appropriated. Whereupon the attor-
ney general prepared petition to be pre-
scented to the court offering to redeem said
might direct, and praying that thercupon
the Un1ted States might be held to be
subrogated to all the rights of said prior
lien holders and that a receiver might be
appointed to take possession of the mort
gagged premises and maintain and operate
the ie same l2 until the court or congress other
ton committee agreed that if said petition
was withdrawn and the sale allowed to pro
ceed on February 16 they would bid sum
err the entire principal of its debt, S.
SOS,OO0. Believing that no better price could
De 1s OBTAINED and approaching the difficult
labor If it should become the purchaser OF
the road at the sale, in the absence of any
a and o by congress to take charge Of
the guaranty Of minimum bid which
SHOULD give the government the principal
OF It's ds1t, the sale should proceed BY this
vance CT q S ne M secured an ad-
which the court had fixed as the upset
PRICE, and which the reorganization COM
mtttee had declared was the maximum
It Is a gratifying fact that the result of
these proceedings against the Union Pa
G e. tb System hn and the Kansas Pacific line
:s4 75l 22s75 Increase Of 7e ove g!
t tne o onm whish the E commit
property, the government receiving its
whole claim: principal and interest, In the
un ion kaGic principal Of its debt
pee neen tax taken to foreclose the government
n men upon on the Central Pacific Railroad
congress passed an act, approved JUN I.
1879, creating commission consisting Of
the secretary Of the treasury, the at;or-
terror and their successors in office. with
full power to settle the Indebtedness to
the government growing out of the issue
trail Pacific and Western Pacific bondeaided
railroads. subject to the approval of the
me h. No no has yet been made
Whatever action Is had looking to a set
ance , With the act referred to will be duly
The Postal Service.
The postal service Of the country adj
" with extraordinary growth. Within
20 years both the revenues and the expendi-
multiplied threefold In the last ten y naYs
they have nearly doubled Our postal bust
ness Grows TOW much more rapidly than our
ture Of sl0o.00o.ooo a year. numbers 7s.ooo
post offices. and enrols 100000 employees.
THIS Isl remarkable extension Of service
the advancement of education, Of the in
crease Of communication and business ac-
tivity,, and Of the Improvement Of mail
facilities leading to their constantly aug
mentng use.
Demands of the wnr.
The war with spain laid new and excep-
tional labors on the post office depa rim emit
The mastering of the military and naval
forces of the United States required special
mail arrangements for every camp and |
every campaign. The communication be-
tween home and camp was naturally eager !
and expectant. In some of the larger |
tiers day required handling. This neces-
sity was met by the prompt detail and dis
Ished force and by directing all the instru- |
mentalities of the railway mail and post |
Office service as far as necessary to this I
new need. Congress passed an act empow- |
ering the acknowledgement to establish |
offices or branches at every military camp |
or station, and under this authority the |
postal machinery was speedily put into |
effective operation.
Under the same authority, when our !
forces moved upon Cuba, Porto Rico and /
the Philippines. they. were attended and |
followed by the postal service Though |
the act Of congress authorized the. appoint. !
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