The San Francisco Call. Newspaper, January 12, 1897, Page 9

Q ' THE SAN FRANCISCO CALL, TUESDAY, JANUARY 12, 1897. 9 REJOICING OVER THE FUNDING BILL'S DEFEAT. } Its Failure to Pass the Lower House of Congress Popularly Viewed as a Great Boon to the State of Cali- fornia and the Country at "Large. is the opinion of many that in the defeat of the Powers refunding bill by hern Pa e body—m b of the great railroad magnate. He had an unbroken record of thirty | t “»’\«‘mfll the people. Never before where a direct issue was made by him had h ure. > batile was popularly speken of =s being and generally admitted by his colieagues to be the fight of his l'fe. And he lostit, though present on d to command and lead his forces—lost it by such an overwnelming vote, return to the attack on his part is looked upon as highly imprdbable. d glorious trium ph of the people, and particularly for the ia. What its full significance is must remain a matter 8 In the refusal of Congress, or at least the House of Representatives, elund and extend the time of payment of the Union Pacific and Central Pacific | d debts to the United States Government the first step only has been taken b is to lead to the emancipation of California from the oppression of the Southern Pacific Company, of which the Central Pacific Railroad is a powerful instrument. This action of the House was only the refusal of a creditor to show further consid- | on to a delinquent debter. It now remains for the creditor to take proceedings 2 will compel the debtors—in this case the Union Pacific and the Central Pacific road companies—to meet their lisbilities. s therefore proper that the next step taken be one to foreclose the mortgage y the creditor—the United States—against the property of the debtors—the Union Pacific and the Central Pacific railroads. It is claimed by the anti-funding leaders that no formal suit 1s necessary to bring this about and that the foreclosure may be effected on the simple demand of the President. To bring this about, how- ever, it may be necessary for Congress to signify its wish in this regard by the passage n appropriate resolutic On the part of the raiiroads’ attorneys it is claimed that first be instituted in a court of proper jurisdiction. in this State centers on the Central Pacitic Company. This corporation’s ess to the Government is in round figures about $80,000,000, consisting of 000 on subsidy bonds, with interest on same for thirty years at 6 per cent the State of Califor: ation. paid to bonaholders out of the sinking fund of the Central Pacific Com- n addition to this debt due the Guvernment there is also about $28,000,000 holders on bonds issued by the company. Interess on these has beea paid to rese latter bonas are a first lien on the property of the debtor company and amed by the Government in case the latter decides to foreclose. s be seen that total indebtednessof the company is about $93.000,000. his there are 860 miles of railroad, extending fiom San Jose to Ogden, es, Lathrop and Sacramento. It is estimated that the road could be repiaced ,000. 1 interview with Charles F. Crocker, vice-president of the Southern Pacific yesterday he said he co see no other course on the part of the Govern- foreclosure proceedings h the future action of the Government, id, was merely a matter of speculation. n case of foreclosure,” he added, “the Pacific will be ready to protect its interests.”. It isinferred from this that ntington has anticipated the action of Congress, and has madé bis preparations ely. ne Central Pacific will be made interesting by the competition of the Vander- latter now control a continu chain of roads from New York to Casper, ., which is within 350 miles of Ogden. Should the Vanderbilts outbid Hunting- t will give them a through transcontinental line from New York to San Fran- , and give California its first genuine competing transcontinental railroad. | You and our delegation on the success of your labors on behalf of City and State, Well-Known Speakers Address a Ja PuELAN, Mayor.” Mass-Meeting on Market Strest G I and Grant Avenue, UNIVERSAL JOY. ver the defeat of the fund- | orm of & mass.meeting | Th® Defeat of the Funding Bl St atlabani et Viewed as the Lifting of an e ovining v Nossue- | Incubus From the S:ate. d at the corner,andred| Isaac Upham, who wasa member of the a of faces, which extended | committee of fifty organized in San Fran- POPULAR JUBILATION. the funding bill, expressed his satisfaction resterday over the defeat of the measure. ject,” he ssid. and on | funding bill right along, snd was'a mem- appeared | ber of the committee. of. fifty, and did my r addresses at the other. blage was addressed by . N. Coward, . L J. Tro- o LaRue, Phelan, James H. Barry, Gavia | Ihave not been doing much in tha way of active opposition. but my sympathies remained the same—I was opposed to re- funding the debts of the Pacific railways. I am glad certainly of the defeat; it is rs of absoiute and complete victory in every contest in which he was a party in | District Attorney, was outspoxen. ng well-informed railroad men it is believed that Huntington’s attempt to | cisco about a year ago for opposition to | and then passed over | shareof thework to defeat thebill. Mysym- | to say: | pathies were always against ée bill. Lately | feated. Congress has called Clevelana’s case. With a competing line to Cali- terday by a vote of 102 ayes to 168 noes, Collis P. Huntington, president | fornia and with our own Valley road ¢ Company, met his Waterloo. It was the first time thiat any [ California’s inture greatness cannot be nicipal, county, State or National—refused to accede to the | estimated.” Samuel Knight, Assistant United States He said: am not in favor of any of the fnnd- ing measures vroposed in Congress, be- eause [ cannot see wherein any guarantee exists that their terms would be complied with and the debt due the Government be paid within a reasonable time.” Max Popper rejoices over the deieat of the funding bill, because he sees in the circumstance an indication that Congress is outside of the influence of monopolies and corporations, and that the will of the people is the law of the lawmakers. “The press has done zood work,” said Mr. Popper, *‘and have been awake to the atrocious attempt on the part of the Pa- look ahead for a scale of freight rates that will permit them to compete with favored sections heretolore beiriended by this company.” Hugh Craig, president of the New Zeal- and Insurance Company, said: “I con- gratulate the people of California that their children who will succeed them have been relieved from the influence of tbis incubus, which has during the past twenty-seven years tried to crush ont our very existence by a merciless system of exorbitant ratesof fare and freight to pay interest on an in- flatedsbonded indebtedness ana dividends on watered stock which more than three times equaled the actval cost of building the road. “President Cleveland will now have an opportunity unaer the Thurman act of giving effect to his recommendation in his message to the Fiftieth Congress, wherein East. For by this vote it shows that the neople at Washington are in touch with the people of California on a subject that bas interested them for the past twenty years. I join in the rejoicing, not so much because I am opposed to the corporation as to know that California has been re- | spected by the American people assem- bied in Congress.”’ Ex-Judge Magee, one of the Bank Com- missioners of California, said: “The people in all parts of the State will be pleased to know that the funding bill has been defeated iu Congress. It looks now as though the Government would imme- diately proceed to foreclose the morigage on the Pacific railroads. But if sufficient money cannot be raised by a sale to pay the debt and the Government insists upon gettine full payment it may have to take the roads. That would please the Popu- lists, but I do nat beliéve it would resuit ing bill. California. | | fornia. no means of getting out. peting railway, bringing the rails and the ships together. commerce and has been so barefaced in its methods as to subsidize the Pacific Mail Steamship Com- The millions thus given to the Pacific Mail Steamship Company were given from the producer, and thus the very purpose for which the company was ofganized was defeated—the assuring of reasonable rates on freight between the East and Cali- So by sea and by land we have been cut off. We have been isolated here, and there was Congress to-day gives us a way out. to-day waiting at the Missouri River for an outlet to the Pacific. operated by the Government for the good of the people of California.”’ pany so it would not cut rates and defeat it. MAYOR PHELAN'S WORDS OF Mayor James D. Phelan showed the deep satisfaction he felt over the defeat of the funding bill when he delivered an address at the mass-meeting last night. ““ The Board of Supervisors of San Francisco by a resolution adjourned this evening,’’ he said, ‘‘and thereby declared that the sentiment of the people of this State is opposed to the fund- While we congratulate ourselves it must not be forgotten that a committee of fifty of our fellow-citizens to fight this bill was organized by that grand old man, who is sincere and honest at heart, the Honorable Adolph Sutro (cheers), and in spite of all considerations he has been badgered and reviled; and to him we owe a mead of thanks for this meeting here to-night. ‘“ Another man who has been here and fought for the people’s rights since the inception of the railroad and to whom we may pay our debt of thanks for all he has done in our behalf, is the Honorable John T. Doyle of Menio Park. ““ The defeat of the funding bill in Congress promises much for the future of California. If carried to its logical contlusion it will be not an octopus but an incubus that will be lifted from Now, by the defeat of the funding bill, for all practical purposes we’ll have a com- The Southern Pacific has controlled There are six competing railroads CHEER. The Central Pacific may be cific railroads to evade the paymentof their debts. 1f the newspapers had spoken | as fearlessly twenty years ago asthey have | lately upon this subject the United States would not huve been duped into that sec- { ond mortgage scheme.” A. Quade, grocer, said: ‘“Business men [ought to rejoice, for the defeat of the | measure means theif trinmph. I thinkit is an unjust measure or it would not have | been defeated.” “I am glad it has been defeated,’” said “You know my sentiments on the sub-| W. C. Wise, hatter, “*for it is a shame that “] was opposed to the |thecompany dared even ask for such a measure to pass.” J. 8. Spilman, attorney-at-law, had this “Iam glad the biil has been de- | bluff, so to speak, and it now bebooves | Bim to enforce the law.” | Sam E. Dutton, stationer, sald: *“If I should not rejoice at this result I would | not be true to my own interests and those SUTRO STILL SCENTS DANGER. Ex-Mayor Sutro was informed of the defeat of the refunding er, the agent of over the victory for the people as “This is a deci this campaign. “But the war is not over, not by any means. ze defeat. No, sir, the end is not here. ry again. ers of persuas @ mposure. bill by a telegram from Charles he committee Of fifty at Washington, D. C. He was filled with delight inst the railroad, but he carried himself with characteristic sive victory,”” he said, ‘‘a fortunate ending of the first great battle of I tell you this man Huntington does not Huntington is devilish sly and full of resources. As one way of bringing it up again the bill may be introduced in the Senate. n would be centered on that body to secure its passage. If it succeeded would then come to the Speaker’s desk in the House with the prestige of success in the Higher use, and another trial at it there might send it through. “However, to-day’s vote was a great victory, as I say. W gs in San Francisco should be run up to celebrate it. ¢ éphone to the Heights and to the Cliff House to run up all he fourth time this thing has come before Congres: It is to be hoped that it is the end of it. I deluged the members of Congress with literat Sometimes | was a little brusq When anly methods. dealing with. had plenty of experience in that line. We want to still keep on the alert. e should not underestimate it. Henry,’ turning to a2 man in the the flags they have there.’ s and been battled over during We have made the best fight we could ure. They said that 1 did not ue. But I knew whom I was I printed on the outside of some envelopes.that ‘Huntington would not steal a red hot stove,’ some of the Congressmen said it was not a proper way to treat them. But it had its effect. ware, however. The devil is not dead.” The way to fight the devil is with fire, Let or Rottanzi, Dr. Clinton | a complete victory for California. Only a isors,Dr. Salfield and | few railway men were in favorof the gett. Judge Schell acted as | measure, but almost everybody in the t the stand on Market street, | State was opposed to it. I believe this Barendt the platform on | sentiment was unanimous,and for the same | reason the congratulations over the vic- Grant avenue. The speeches evoked great entbusiasm | tory are practically unanimous in all parts from start to finish, and were frequently | of California to-day.” interrupted by cheers at the mention of Unitea States District Attorney H. 8 the name of Congressman James G. Ma- | Foote was cautious. *Iam notin a posi- guire. E Barry’s speecn was charac- | tion,” he remarked, “to discuss this ques- teristic. In part he said: tion, particularly as I may be required to “Let usrejoice that Congress says we | bring zction for foreclosure on the rail- sball be free. Huntington and his min- | road. Besides I am not in a position to jons may have debauched other Con-| discuss the action of Congress or any co- gresses, but this one had too much man- | ordinate body of the Govarl?mcnt. nn_va hood in it to be tempted by his coffers. Xi studiously avoided expressing any opin- am sorry that 102 voteswere tallied for | ion relative to any public matters in which m. the Government is involved.” The Civil War is commonly believed to |. 0. D. Baldwin expressed his extreme e ended slavery. It did not. But to- | gratification over the defeat of the meas- California, the last of the siave States, | ure as follows: set free from the bonds of servitude to | It means that we have besn delivered asping and powerful corporation, and | from siavery. Ican bardly express my- il move forward ofrom this day the | self at our good fortune. It means tuat ueen of the universe. San Fiancisco and the entire country will " \Let us not forget to honor the brave | progress as they have never done before, mén that have done their duty # nobly, | for there will now be a competing over- and may the name of James G. Maguire | land railread, and it will, of ccurse, termi- e a sweet morsel in the mouths of our- | nate in Sen Francisco. It means that the eelves ana our children and their offspring | tide of immigration will be turned this ations to come.” | way, and that thousands who have been At the conelusion of the speeehmaking, | kept away on account of flmhnrh;l:l- ch lasted till late, three hearty cheers | way rates will e"M\M;Lv be ena “.o e given for Maguire, the defeat of the | remove to Callfornia. llm;-n- vastly ne bill and the support of the Cali- L more to California than it &;n to any the two bands struck | otber State in the Union, and I am sure | the benefit will be permanent. «I do not anticipate tbe Government control of the road, but think the mort- Fifty the | gages will be foreclosed and the road sold. ss- | It may be that the rumors that the Van- derbilts will buy it will prove true, and I ined to think that such will be the press. Then eries of lively tunes. Interiudes so playea during the progressof | eting. Oa behalf of the Commitiee of 1% telegram was sent to Congrel man Maguire at Washiagton yesterday: 2 “The Committee of Fifty congratulates | am incl It is a great unrelenting of the people of this State, victory over a grinding, monopoly.” | L J. Truman, president of the Colum- bian Banking Company, said: *“Am I re- joiced? Well, well; why should you ask that question? Of course, I am more than ordinarily gratified; and why shouldn’t I be? And why shoulan’t every man that wants to live in this part of the country be glad and rejoice tosee the fangs of this monster corporation made 1o let go the very vitals of the industries of the whole State—nay, more; of the whole coast. Yes, put me down as being glad; but I fear another attempt will be made to oring :ne bill up, but 1 hope not. George W. Reid, a Clay-street mer- ;poke as follows: not Leard any news for years that has given me more pleasure than that of the result of the vote just received. Now we merchants can consider that the power of this oppressive monopoly is about to terminate ana the supremacy of the people asserted instead. In the course of time shippers can with some certsinty odds, but we have won. in railroad rates that will be to production iu this State.” to him it seemed proper to recall the grants and benefits derived from the Gen- eral Government by both the Union and Central Pacific companies for the purpose of aiding the coostruction of their roads. He now can instruct the United States Attorney-General to seek a remedy against those who issued and transferred Central Pacific bonds illegally. But will he have the courage to give effect to his own recommendations?"” Bert Schlesinger, Assistant United States ‘District Attorney, expressed the following opinion: “The Powers funding bill lacked merit and was properly de- feated. Any measure insuring to the Gov- ernmenc the prompt payment of its claim would be hailea with delight. The time is not ripe for Government ownership.” Justice Van Reynegom expressed him- seif as follows: “This proves that the lobby had not sufficient power to defeat the measure as against the will of the people. It is a pleasant recognition of the numerous claims of the people of this State. £ “We have been too often treated with ingifference in the,past, but now I am over to a holiday. We should have a big celebration. does it mean to California? Well, it means emancipation. It means freedom from slavery to the railroad ; it means a cut glad to see that our political importance has been considered by the people of the FREEDOM FROM RAILROAD BONDAGE. John T. Doyle was jubilant upon the receipt of the great news yesterday afternoon. California,”” he .said. “‘It has been a long fight against big San Francisco should give itself ““This is a great day for What the biggest kind of an impetus ’ in any special benefit to this City, to this State or to the Nation.”’ ROBERT BRIGHT'S PROPERTY. Hebbard Will Decide Who Is to Hold Possession of $40,000. In Judge Hebbard’s department of the Superior Court yesterday the interest- ing lawsuit of Robert Bright against bhis sister, Mary Craig, for the return of $40,000 worth of property was called for argument. Attorneys Patton and Me- Knight represented Mr. Bright, while At- torney J. F. Castiehun spoke on bebalf of Mrs. Craig. It was agreed that the most important point in the controversv was in regard to the legal right of Mr. Bright to demand his property back after he had presented it to her while he believed that he was about to die. Attorney Castlehun contended that the property was not given to defendant, Mrs. Craig, in expectancy of death on the part of Mr. Bright. He showed by the testi- mony that after paying all the bequests desired by Mr. Bright there would have been left over $2000 in cash. When askea how he expected to dispose of the money he said it was to be used for his comfort in case of his partial re¢overy. At a sub- should die all the money would be tied up | sions touching Bright's mental condition in the Probate Court and thers would be | on the que-tion of his fear of a fatal ter- nothing to provide for his immediate mination of his sickness. wants. | . After a number ot cases had been cited As a further reason for believing that | by Mr. Patton he was interrupted bv the Bright intended that the transfer should | court with an intimation that sufficient be final and complete, Mr. Castlehun said | argument had bzen heard, whereupon the that when a draft of a will, prepared by | case was submitted for decision. his direction, was presented. Bright a<ked | o — ] if there was no way in which the costs of | Arrested for Perjury. :l;:efr?uball:e Co;gn might Ee AV9ld:d fl(’“‘i Samuel Franks, a bartender in the Tople Ttrer discussion he rejecte | saloon, O'Farrell street, was arrested yester- proposed will and decided to give the | ;.00 "y cnarge of perjury, and was released Property <o bis sister, wishing, as be satd, | 023000 songs. Tne complaining witness s to administer on his own estate. _ | T. M. Lawson, who slleges that Franks testi Judge Hebbard -remarked that in his | fied faisefy in a divorce case in one of the Su- opinion the point at issue was to show | perlor courts. whether the transfer of property was | R PR made by Bright when he was actually in | A list of personsin Philadelphia worth fear of immediate death. | cver $50,000, published in 1845, contains Mr. Patton repied to the remarks of | 718 names. Ihere were only ten million- Mr. Castlehun. He analyzed the testi- [ aires. 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The language, Mr. Castlehun argued, would not be used by a man who was in fear of immediate death, but was the lan- uage of a man who expected to outlive Eif sister, who was not then sick and was his junior in years, - Blackwell’s Genuine According fo Mr. Castlehun’s theory the intention of Mr. Bright was to put the property in his sister’s possession in order that proper provision might be made for his support. and to susf this view he said that Bright had not demanded a re- turn of all his property, buf, according to his own testimony, had asked for only $1000, remarking at the time that if she 1 BULL DURHAM You will find one coupon luside eech 2 oance bag and two coupons inside each 4 ounce beg. Buy 8 bag, read the coupon and see how to get your share of §250,000 in presents.