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Show .ksatok Sat.gkmt has written a 1 tier to Attorney. General Picrrcponl in regard to the government euU a;.vr.st the Central Pacific radroad ti recover the -j per cent, of ita net earning. Sargent sharply criticizes the course of tho railroad company ai.I cautions the attorney general th.u it will bear close watching and 11 w'.ll endeavor to suppress the facta 1 1-a.iring upon its eaee. SPECIE EE3UXPTI0N. The unconditional repeal of the specie rtsumptiun act of l,it year wiliiout the enactment of a epccii; iioarding clau?o wtjtilJ probably hi; tho mit acrci plable ineaTuro to a majority of the dc:micnu:c party. To hoard specie iu the trca.-ury at t!:e present time nii-.mj simply an increase in-crease of the inleret-bcaring debt, or a decrease of the circulating medium. Contraction of tho currency is increasing in-creasing very rapidly r.O'.v, for the very gi4 rrMsnn that th. re is no pruli table employ ment fir mom-y. I'hcrc arc few relieve: in tho feasibility feasi-bility ol resumption in 1S7'J, and the ruo.t (enaible tiling to be done is to repc.il tho law, which is a standing menace to industrial pursuits, and await tiie action ot time in restoring business prospcrity. |