0
Interest 31,211,691.75
-------------
Total $58,448,203.75 $12,891,900.19
Less Sinking Fund 18,194,618.26 6,303,000.00
------------- -------------
Balance due $40,253,585.49 $6,588,900.19

and these amounts were accordingly turned over to the United States
Government closing the account.

[Footnote: The agreement In question was signed by Sidney
Dillon, President of the Union Pacific Railroad Company;
Robert B. Carr, President of the Kansas Pacific Railway
Company; W. A. H. Loveland, President of the Colorado Central
Railroad Company, and concurred with by Henry Villard and
Carlos S. Greeley, Receivers of the Kansas Pacific Railway.

It provided that the three lines should be operated as one
property, under the general direction of the Union Pacific
Railroad Company. The gross earnings to be pooled and
apportioned between them on certain specified agreed per
cents, based on the earnings of the respective roads during
the preceding year, the arrangement to be binding for fifty
years and to be subject to the approval of the Court in whose
hands the Kansas Pacific Railway then was.]

CHAPTER XII.

_The Central Pacific Railroad._

Suggested By Theo. D. Judah--Huntington, Crocker and Hopkins--Struggle
for Congressional Aid--Progress Made.

The preceding chapters in tracing the history of the Union Pacific
Railroad cover in a measure the preliminary events leading up to the
building of the Central Pacific Railroad,--its connection from Ogden
West.

In addition to this there is a wealth of incident connected with its
history that will well repay the student. The following are a few and
but a very few of its salient points.

For some years previous to the time when the final act was passed by
Congress--which was to provide those of the western coast with speedy
and safe communication with the homes of their youth--the question of
a grand trunk road had been discussed by Californians as a public, and
as private individuals. Many self-reliant men were sanguine of
success, could the project be rightly brought before Congress. This
feeling grew among the people of California, until a man who sought
office at the hands of the people coul