Rensselaer Semi-Weekly Republican, Volume 19, Number 12, Rensselaer, Jasper County, 15 October 1897 — Must Bid Above $50,000,000. [ARTICLE]

Must Bid Above $50,000,000.

Attorney General McKenna issued an official statement announcing that the Government had decided not to appeal to the Union Pacific foreclosure suit, but to allow the road to be sold in consideration of the Union Pacific reorganization committee raising its guaranteed bid from $45,745,059 to $50,000,000. The road, he added, is to be sold to the highest bidder, but with a minimum bid guaranteed as stilted. ■ President McKinley has decided to allow A. Benzinger, an artist who resides at Brunnen, Switzerland, but who has studios in Paris and New York, to paint his portrait. The portrait is to be the property of Vice-President Hobart. The United States Circuit Court of Appeals at San Francisco has handed down a decision that tapioca flour shall not ba admitted free of must pay 2 cents a pound, as starch. Isn’t it rather curious that in all that Turkish trouble it never occurred to th* powers to sit down on the Ottoman?