Show PACIFIC ROAD foreclosure PETITION BEIN BEING TG circulated IN THIS CITY big cattle shipments from the south the three fourth S indemnity land officio business A petition to cong cone ess asking that tho the government moi moil gases on the pacific roada be foreclosed foreclose I and the road operated by the Covern government ment its Is being circulate a find and numerously signed in vista uhla city tho the petition was iwas star started tedo on III the coast where tire being added at ai the rate i ite of a day lc it reads as aa follows to th the e senate and house of represents lives of tho the united states the citizens of the united states residing in the iho states anti anil terri torlea most vitally interested anthe mail allement of tile the t ran tul eat rl rail ft a fl respectfully represent T that h at the he bonds issued d by the itie covern mont in nid aid of the e construction of tile central pacific union N emseyn pacific kanshin pacific central branch and sioux city 6 ac pacific all burin begin to 10 mature on january 16 lia 1 find and will all fall slue duo athin the lol hollowing lowing tour four years yea re ta that t the principal of these bonja bonds amounda moun to 10 1 anil and tho the interest paid by t tho government GLam Cn t up to alny 21 ajl LT act aft alo jl u and lid n not I 1 e paid by tho chop compan lea 10 ff 2 W 1 1 inet the companies are under obligations alons to lepay me ine puma mums so us an tho the bandit mature that these obligations are arc secured by second mortgages on oil the road but that there Is no probability tho tiny any will lie be inside to meet them ahat the iho roada have been mo ao managed mahnk ns as to diminish the value eo of the government sc so cuilty and furnish ica sons sona for matting such BUCU A compromise an ag woula ou ill leave the delaa of 0 the companies compan leH to he be patti paid by future generation ii of 0 stock tact hot holders dera that tn in the or of the he report of governor partisan of the pact I 1 le I 1 jn n commission A more mr re creditor might assen to 10 a compi 02 ise mi which in a sovereign deallie alth ith 1 a I disho inest debtor who anti nil all I 1 jans N 9 anti and coe co blants woula he be to public polleur policy it cannot to condone fraud to validate tile the iniquitous ork of the credit Alo biller the contract and cnance l company and similar oi vr to ignore the unla unlawful ful and outrageous discriminations und extortionate charees ahmes and the criminal conspiracies cond piracies pi for controlling trade chich alch have characterized tile the administration uc of them railroads rill roada since the elie date of their completion that to the people of the coast it la Is an necessity to hane hae an indea independent C adent means of with their heir rali austern tern markets market that the ilie allied L I 1 nc at present constitute fl a high barrier to trade teat mat an any WOM now road built by private capital would ul at once join tho the old combination and that tho the only trustworthy lepulu tor of rates would be fc a line owned by the tie public and operated in tho the public interest that tile the necessity of such a line ob alous enough before has just been start tingly impressed upon all ail by tile the isolation of it california and tile other common served hy by subsidized dalu n and HV i the he complete 0 in 1 I 1 e 1 P ot of J ts by se aspia quarrel r r I 1 bet the iho roula roads und and their in v which h ach the people had bud no interest a dasas disaster t e r hose home recurrence would he be impossible in elie presence of an open government line free from strikes or labor of any kind as all branches bran chea or the public service are in view of these facts we tie earnestly beg that no exten extension Blon of time on any terms whatever be granted for the iho payment of the railroad debts but that immediately med lately on default in meeting the ma jurod ared bonds the mortgages be foreclosed and the roads roada bid in ili by the government and operated as national enterprises and your petitioners petition ers will ever pray etc |