The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-03-03
THE new TIME SCHEDULE
Double Service on the Northern
Pacific Begins March IL.
BURLINGTON BOND ISSUE
Whether It Will Be Based on Silver or
Gold Is an Interesting Question.
Home Seekers Excursion
Rates Will Be Met.

Official notice of the new Pacific coast
service to be inaugurated by the North
ern Pacific on the 18th of this month
has been sent out, and the schedule was
received in Butte yesterday. Two COM
plete trains will run through from st.
Paul to the coast.
Train No. 1 will leave st. Paul at
$3.50 a. M, Minneapolis at 1925 a. M,
arriving at Fargo at 4:05 p. M, first
day; Helena at p. M, Butte at sos
p. M, second day; Spokane at 6:15
a. M, Tacoma at s p M, Seattle at
$3.50 p. m. of the third day, and Port
land at a. m. of the fourth day. Pas
sengers for this train will be from all
the Eastern early morning connections,
and will spend only one night on the
road to Helena or Butte, and two
nights to Spokane or Puget sound
points, and three nights to Portland,
Ore.
Train No. will leave st. Paul at
1915 p. M, after arrival of all day
trains, including those from Chicago:
Minneapolis at 11:20 p. M, arriving at
| Fargo at 6:10 a. m. following morning;
Butte at 1925 a. m. second morning;
Spokane at $3.50 p. m. second evening:
Tacoma at 1915 a. M, Seattle at 11:05
a. m. third morning, and Portland at
4 p. m. third afternoon.
East-bound trains will make CORE
spondingy fast time.
Train No. will leave Portland at
11.30 a. M, Seattle at Ais p. NJ, Ia
coma at 500 p. M, Butte al 9:05 p. M,
Helena at 10 p. M, Fargo at 5:25 a. M,
arriving at Minneapolis at les p. M,
ST. Paul at p. m.
Train No. will leave Portland at II
p. M, Seattle at s a. M. Spokane at
1880 p. M, Butte at LBS p. M, Fargo
at II p. M, arriving at Minneapolis at
655 a. M. st. Paul at 1880 a. m.
Trains Nos. l. 2, and will all carry
Pullman tirst-class and Pullman tour
ist sleeping cars, first-class coaches and
| dining car.
Trains Nos. / and will carry free
colonist sleeping cars three times per
week. The Fargo local sleeper will
leave st. Paul on No. 3, returning on
No. 4.
Trains Nos. and run via Helena;
Nos and via Butte.
The morning trains out of st. Paul
will carry all the Eastern mail that ar
rives up to the time of departure, and
the evening will take all the mail that
has accumulated during the day Both
the through trains will be made up of
| nine cars.
The Northern Pacific has made a
complete revision of it's time schedule,
and in addition to putting on one new
fast mail train, the time cards on the
main line and branches will all be
changed. change that will greatly
facilitate the movements of passengers
and mail.
| Is the coming Burlington bond is
sue to be based on currency instead of
gold? ..
This is a. question of more than Or
binary interest in financial circles. II
is no secret that President Perkins of
the Chicago. Burlington & Quincy Rail-
road company is decidedly opposed to
authorizing any issue of gold bonds.
| He is credited with representing the
sentiments of the Boston stock and
| bondholding contingent in Burlington
securities.
This does not signify that President
Perkins or his financial associates are
| partisans of the free silver theory, says
the New York Telegraph In private
| conversation President Perkins con-
tends that the relative merits of BIZ
metallism and the single gold standard
| have nothing to do with the wording of
bond certificate.
He takes the position that the bonds
| are sold in consideration of certain
sums paid to the company in legal ten
rency money. and is willing to contract
to redeem the bonds and pay interest
| on them in the same kind of money.
| This seems fair to President Perkins
| He is firmly opposed to borrowing sill
yer certificates, treasury notes. green
backs and other forms of legal tender
money and pledging the property of the
company in promise to pay the debt
in gold.
For weeks Wall street has been an
| ticipating the announcement of this re-
funding bond issue. The amount may
be 45,0G0000, or in the neighborhood
of $4,000. 900, as the directors decide
| 1t is known that such an issue has
been under consideration, and the
stock has advanced on account of
the saving which would follow the
successful floating Of these low interest
bonds.
We are able to state on good author
| ity that no bond issue will be made on
any basis other than redemption in cur
rency. This is the ultimatum of Presi-
dent Perkins and his board of directors
and this is the reason why the issue has
been deferred. Financial representa-
| tiVes of the company are sounding the
! banking interests. No more important
point has been raised in years. The
more conservative bankers protest that
/ the successful sale of this vast block
of currency bonds would nrove the en-
lellng wedge, Wnlcn "Oulu Snatter the
gold foundation Of the modern finan-
cial structure. They contend that it
would give aid comfort and argument
| to the vet active free silver contingent.
They dread to establish such a prece-
dent
Currency bonds or nothing. say the
representatives of the railroad COM
pany. They assert that it is not a mat
! ter Of theory or of politics, but is sim
ply business. They argue that there is
not gold enough in the world to meet
| the demands which will fall due when
| the gold bonds already issued have
| matured.
What assurance have we that the
| advocates of cheap and dishonest
money will not be in control when these
| bonds fall DUE" is the question pro-
pounded by some of the bankers. In
! that contingency we wish. to be sure
| that we shall be paid in honest money,
n ir1c al