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Show C.F.ADAMS IS DOWN AND THE COULD-SACE CROWD IS KICKING HIM HARD. The? Want to Know Why tha Pay Roll Ifae Ittrreaied 400(1 Names Ahout the Kansas City Hmelters and Other Nuhjarta. New York, Nov. 28. The Could-Sago Could-Sago party is not pleased with the farewell fare-well address of Charles Francis Adams, late president of the Union Paeilic. Sago said last evening; "The tenor of Adams' address was most uncalled for. There has been no public criticism of his management by any of the directors, direct-ors, notwithstanding tho fact that he was running tho road to ruin. Mr. Adams says, in his address, that he had been president seven years, aud during that time tho notions of the directors w ere unanimous. That is simply saying that Adams is responsible for the Union Pacific's condition. Ho should explain how it comes that the pay-roll was increased in-creased by 4000 names in nine mouths, what personal interest he had in tho Kansas Smelting works, in favor of w hich discrimination was made in rates for shipping bullion, and half a dozen other matters." . " The.Tnbuns t,hb morning prints an interview wi:h Jay Gould, in which he says ex-President Adams of the Union Pacific is a theorist, who conducted many affairs of the Union Pacific without with-out the knowledge of the directors. Gouh said he learned, wheu last in Kansas City, that Adams personally owned control of several stockyards thero, and while the railroad was carrying carry-ing in their live stock at bare cost of transportation, tho stockyards earned 1, 000,000 tho past year. Mr. Gould said that he believed that the Burlington and Rock Island will both come into the plau for securing butter results from the western railway business. No further changes, he said, were to be made 111 tho Union Pacific. Mr. Gould further said, in part: "The Union Pacific has earnings of $40,000,-000 $40,000,-000 a year aud its terminals weru estimated esti-mated by the congress commission to be worth at least $15,000,000. Ishould not havo gone into the management again if I had not known wo had something some-thing to bank oil. Adam's statement about harmony during his administration administra-tion was not wholly correct. Tho fact is, the directors really knew very little about what tho president was doing." There is a piece of road out iu Utah graded and ready for the rails, and, although al-though it is J 50 miles long, the directors know nothing about it. Thero is another an-other piece, eighty miles long that does not connect anywhere with the Union Pacific system, and the directors were surprised to know that tho company was building it. These extensions and the purchase of tho Oregon Railway & Navigation, which I think was a wise one, created a considerable floating debt, but it can easily be handled. The addition of 40(H) names to tho pay roll is a mystery I have not yet had explained. |