Show r veil tc lt111OAI4 Stll Attlnthla congrosoo 1111t1111 to orrnnIt HAUId 0 it r10p Tho UnIon IndO rllII main line was sold under tile dccre oC tile United SILater Court for the district or NUo kit oil the first and seOl1 or Novm due Ih Th amount tier tills year lu goertiment colItited of tile lirliq lial ot tiie Mllisldv I IwndH S7J3GM2 and tho ucerud Intetept llieiem II oqU1 ll7117 inakliiic tin total indebtedness indebted-ness 17 StH2237 1 bill it tire Palo vored the first mortgagf ln wid tha Entire mortn lain or the govern inent less leterveit 10nt ante or tile folloildlitd portion or the gunman 1cl Jill Upon whih the wtlmnl bride n eond morlhnge I npniias been postportidt the t Ins In-s of the government to D vember I 1C 18S7 The debt of tills divieticin or the Union Pacific railroad to the 90v ernmint November 91 1S57 was thor prlncli T tho-r UK subs ly hOld IG303 wound the uniald and ncr d 1IProt C KtVM M making n total or 12929 O OJ The sale of thin road wn originally advctllsed for Noomhr IIh Ir the purpose or stenring he Most Public notice of the cv > nt I Wo 101011 until December Ittli a till n i settled all 1 verlliment of tin pub Weeft moo Toy Ih rl Ieo ofIthe court the upset price of the sale 1 or the Causes Pacific will o j ldl to lie government the um or 2 COO 000 ever i all Irlor 1n co tli t and charges I Another or hlr Not la md Ihlo sum I a all Inl the government govern-ment jnoooooo will receive on Its claim of nearly The government has no Information as to whether there will hp othr bid dr or another hill than the maximum amount hervin Pouted The lualOI therefore Is I whether tho govermunt shall under the authority given It by the act ot Mnrdi 23 189 purchase rIm I r-Im the rOIII In the event that u bidIng In I nol motto hy private porU cover lug the entire government claim To quallf the government to bid nt the sales will requlro I deposit of 1000 to I nil rolow In the 10Im11 cause 0000 and In eaih of the llrst mortgage causes JOOMD and In jh latter the deposit I Oori In l Payment at the t sale Ie I AS fAlows lon tire ccptance of the bid a sum hleh with the amount already de loslted shall equal Inn Per cent if the bid the balance In I Installments of twcntIIve t > r ci nt Ihlrtr forty and fifty dOA after the confIrmation ot tile ante The lien on the Hanson In cine prior to that of th rovernment I on tho Olh of July 1 9 prlnclpil and Interest nmounti to 87IS10S811 WILL fIn OOVLRNMIINT BUY The government tlror should II become the lilghst Nobler will have to Tiny the amount or tho first Part gage lien I believe thai under the Itt I of I W It has the authority to do this And In Ih nhoo or ay action by Congress I shall direct the cere larl of the treusur to make the neces nry depo1 all qulr1 by the courts bsree to quality D n bidder And II bid at the bale n sun which will nt hnst equal the 11 Im Ipal of the debt due the Boimmnt but suggest In order to removi 1 controversy tint nn omnIInl or tilit low lie Immell ately pn sel explicitly giving sucli pwr nd nPolrlolnl In general nrms whatever sum Is I sulllcient there far CorIn In an Important molr as tile gov rnmonl hcomil the lohho owner of railroad propertv which It perform must cnn < lt and operate I f1 con trained to lily before Congress these facts for I romildcreetinn unit AI fee fur the 0unnU or Ih Rate 1 Is I clear 10 0 0111 hot the pay rnmnl should not rml I prop vtv II lie a1 al I ielve whlh will rlt less than ohnlf or the price I hl d 1 their one fifth o Its debt prln1 and later est Th omment rather than me less than Its claim should beconte mil Miller and themby 13 noner of the provertv nn I Submit that to Coo green for action |