The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-03
PLAN PRESENTED
BY MR.. NEWLANDS
! Government Asked to Lend Its
Credit to the Stricken City.
OF San Francisco.
EARLY ACTION REQUESTED
CALIFORNIA SENATORS NOT
CONSULTED.
EARLY ACTION REQUESTED

MS NOiis nIclS at inc O6S III
ming Of today's session of the senate
Mr.. Perkins presented a Geographic
petition from Governor Pardee of Cali
fornia, for the payment OF the claims
of that state against the government
for the settlement of which bills are
now pending. The text of the petition
was as follows:
viii congress in CalifOrnia's pres
ent great need pass our 5 per cent
public lands claim amounting to about
$1,000, 900: also our war of rebellion
claims, aggregating $4,000, 600; also our
Indian war claims, originally $500, O0O ON
account of the destruction OF $500. 900, 600
of San Francisco property which rep
resents One-ffth of the assessed Valua-
ton of the entire state? Our state
funds, including maintenance of asy-
lums, penitentiary and repairs of public
buildings injured and destroyed by
earthquake will all be greatly hampered
unless congress can see it's way clear
to pass these claims. the justice of
which has never been seriously ques-
toned. We are under great obligation
to congress already, but we venture to
ask for this further aid.
The petition was referred to the COM
mittee on claims
Mr.. Newands' Resolution.
Mt NewIands presented a joint reso-
luton directing the senate committee on
finance and the house committee on
ways and means to investigate the feas-
Utility of the governments guarantee
ing bonds to assist in the rebuilding
of San Francisco.
The resolution recites the recent dis
aster and says that under the powers
of the general welfare clause OF the
constitution congress should come to
the aid of San Francisco.
The resolution follows:
Resolved, By the senate and house
Of representatives of congress assem-
bled. that the committee on ways and
means of the house Of representatives
and committee on finance of the senate
consider jointly the various plans for
financial aid in the restoration of San
Francisco. and that they report to con-
gress whether or not it is advisable or
pra cticabIe for the national government
to aid in the restoration of San Fran
cisco. either by guarantee of credit
to the city of San Francisco, which viii
enable the city to secure at low rates of
interest the money necessary for public
works. as well a the money necessary
for the restoration of the commercial,
residential and manufacturing buildings
of San Francisco to be loaned at fair
rates of interest to property owners
upon note and mortgage, such guaran-
tee of credit to be conditioned upon the
!, approval of a commission TO be ap-
pointed by the president Of the United
States of the plans proposed and the
expenditures made hereunder. or
whether it is practicable or advisable
to promote the organization Of a great
financial corporation, national or state
half of whose stock shall be taken by
subscribers for cash and half Of which
stock which may be taken by San Fran
cisco property owners for property con-
veyed to such corporation at an APP
praised valuation. the cash subscribed
to be used either for loans to individual
owners of San Francisco property. OF
to be expended in improving property
so conveyed to such corporation with
provisions for the gradual sale of such
property after the successful compile
ton of the work of restoration such
plan to involve profit to the stOckhOld-
ers TINS cooperating and whether OF
not II is practical or advisa bic for the
United States to invest in the stock OF
such corporation or to make a loan tC
such corporation upon the lines here
tofOre pursued by the national govern
ment in aid of national exDOSitiOnS for
the promotion of commerce between the
states and with foreign nations, OF
whether any other plan is advisable OF
practical for national aid in the restO-
ration Of San Francisco.
THAT whatever plan Of aid be ad-
vised board of national commission
ers. experienced in exposition building
TO be appointed by the president. by
and with the advice and consent of the
senate shall be included with such
powers OF control over both plans and
expenditure as may be deemed advis-
able"
Press Story Explained.
Mr.. NewIands had read a newspaper
clipping which was an extract from the
New York Herald, containing head
lines-"Oue Hundred Millions for SaI
Francisco" that Senator Newlands OF
Nevada says huge sum has been prac-
on hN- fin1nPipTS - The
extract was marked special dispatch &c
the Herald and bore a San Francisco
date Mr.. Newlands said he was quite
surprised this morning to find this an
nouncement in the New York Herald
and i'm other newspapers 1T had ht
said. doubtless been given wide cur
rency oy the Associated Press
He thought a public statement should
be made by him in explanation of the
article.
The Nevada senator said the wronl
impression is conveyed in the head
lines over the story rather than in tn
article itself. He stated that 1T wa
because the Information had not beer
officially obtained which accounted 70
any errors which he knew were WHOLLY
unintentiOnal.
His Own Idea.
Mr.. Newlands said he offered the, res
olution without consulting with tn
California senators, feeling that the,
might be sensitive on the question o
asking aid. While he and those con
Injected with him had been heavy losers
Ahey would not be beneficiaries unde
khis resolution if il should become
NV. 1--WE propose to reconstruct on
hotels and finance the matter our
selves" he said, and added that his &C
ton was due solely to his interest i
the Pacific coast generally.
Mr.. NewlandS said that he though
that as much as 100000. 600 or 100000