Page:U.S. Department of the Interior Annual Report 1877.djvu/31

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REPORT OF THE SECRETARY OF THE INTERIOR.
XXIX
Kansas Pacific Railroad Company  $1,307,044 31
Western Pacific Railroad Company 9,365 75
Sioux City and Pacific Railroad Company 34,391 46
Central Branch, Union Pacific Railroad Company  39,700 13
Total 6,471,197 34

The amount of one-half of the same accounts, which has not been paid to the companies, but withheld under provision of section 2 of the act approved March 3, 1873, whereby the Secretary of the Treasury was directed to withhold all payments, &c, and also under a stipulation entered into as regards the Union Pacific Railroad Company, whereby the judgment against the United States in case No. 571, October term, 1875, of the Supreme Court, was not to be collected until after final judgment in the suit to recover sums claimed to be due to the United States as the five per cent. of net earnings, and which has been applied by the government to the payment of their indebtedness and covered into the Treasury for that purpose, is as follows, viz:

Union Pacific Railroad Company $1,299,652 00
Central Pacific Railroad Company 708,611 62
Kansas Pacific Railroad Company 224,635 75
Western Pacific Railroad Company 1 25
Sioux City and Pacific Railroad Company 31,267 34
Central Branch, Union Pacific Railroad Company  21,048 22
Total 2,285,216 18
Total amount covered into the Treasury 8,756,413 52

In addition to this sum, the amount of transportation-accounts rendered by the companies for services performed, and which remained unpaid October 31, 1877, for lack of proper appropriations or for reason that they were in process of settlement, is quite large, and, from the best information to be obtained, is as follows, viz:

Union Pacific Railroad Company $1,600,000
Central Pacific Railroad Company 450,000
Kansas Pacific Railroad Company 400,000
Western Pacific Railroad Company
Sioux City and Pacific Railroad Company 12,000
Central Branch, Union Pacific Railroad Company  3,000
Total 2,465,000

Total amount paid and to be paid as one-half of transportation-accounts to October 31, 1877, is, on above basis, $7,703,697.34.

The indebtedness of the companies to the government to October 31, 1877, is as follows, viz:

Railroad company. Principal. Interest. Total.




Union Pacific  $27,236,512 00  $10,740,648 38  $37,977,160 38
Central Pacific 25,885,120 00 12,519,447 11 38,404,567 11
Kansas Pacific 6,303,000 00 2,454,633 03 8,757,633 03
Western Pacific 1,970,560 00 988,891 54 2,959,451 54
Sioux City and Pacific 1,628,320 00 845,009 89 2,473,329 89
Central Branch, Union Pacific  1,600,000 00 945,059 91 2,545,059 91



Total 64,623,512 00 28,493,685 86 93,117,197 86