New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-11-08

Your Committee tblnh II Wouiu oe very ut'nodl''
and enormously expensive, II nor !hPpssloie' ~
construct such a road through nov entire VIII
dorneas. on any plan Of means, unless settlement
can keep pace with the work and that thus plan,
as it connects the sale and settlement OF the lands
with the work itself is not only The 07aty sure
plan of means, but by it the work will advance as
rapidly Or more so. than on any other plan Be
side, these lands with this great highway through
their center, could not in the opinion OF the Com
nittee, fail to command any amount oil money re-
CURED for the progress OF the work. as then daiy
increasing value would render them the most
safe and most profitable nycs .ment Tor money.
Filthy. The security Of the interests OF the
the FIRST eight hundred miles OF good land shall DC
divided into sectons OF five miles each-5hat ls'
five miles by sixty; and that, alter M w hlthey
shall have built his first ten miles OF hoa a.
and after it shall have been accepted by tue
! Government Commissioner appointed Tor tne
nnrpose as being in all things fulflment oil ar,
| Wh;tney's engagements, and not TIL then, ne sh II
be entitled to sell the first section OF live mics oy
sixty as well as he can, to reimburse hlihael ''i
bis expenditures on the first ten miles OF foad a-
| ready completed and accepted and SO on III 'He
| same manner and on the same conditions, ior every
| successive ten miles of the first eight hundreu'
| leaving every alternate section OF hve ml!es ia
| touched with all it's increased value created py
| the Road, as public security for carrying on the
work to the Pacific. Thus, when the road sha!
miles of good land, the Government will hold as
security fer the extension and final completion OF
the work the Road itself, all its machinery loor
hundred miles by sixty OF these good lands I'M
touched and raised to high value BY TINS pabac
work, together with the entire remainder o. Tue
! belt TO the Pacific.
The bill also provides that the titles OF the lands
! sold by Mr. Whitney shall be given to the actual
| purchasers by the Government, and not by ntal,
| and that all rernainders shall be disposed OF at
| public auction at the end Of ten years alter the
| road shall have been completed on each teh-fnne
section-tbat is, the unsold parts of Mr. Whitney's
sections of five miles by sixty; and this, to pre-
vent the reservation OF lands for speculation
From the end of this first eight hundred miles to
the Pacific where the lands are poor and NAVAL
able the bill provides that Mr.. Whitney snail pro
! coed as follows to wit that, at the end o every
ten miles of road completed and accepted as be
| fore he shall be entitled to sell the whole section
of ten miles by sixty to reimburse himself as Tar
as the sales will 20, for his expenditure on that
ten miles Of road; and for any deficit, he shall be
entitled to 90 back and sell at pubic auction TO
the highest bidder, in lots of forty to one hundred
and sixty acres as much of the reserved uAtooch-
cd lands on the first eight hundred miles as tdls
deficit may require; and SO on, ana IN tine same
manner, for every succeeding ten miles TO the "a
cihc selling the lands of each ten mile section al
ter the road shall have been completed and ac.
ceptod and going back to sell the reserved lands
ONLY when and so far as there may be dehc't as
before and all this, under the supervision and au-
thority of the Government Commissioners, whose
duty It shall be to see to thefuhment of the terms
of the bill
IF at any stage Of this work MIR. Whitney shall
fa on his part the bill provides that all his rights
.hall be forfeited to the Government and that the
road, so far as completed, with all It's machinery
shall belong to the Government and Congress
NAV sell or dispose of IL rs may be deemed meet,
!or the benefit Of the nation; and all the unsod
and reserved lands would revert and belong TO
nation, the same as if this act had never been
made law. And if Mr.. Whitney should de-
his successors would be under the same obu6a-
tons, and liable to the same penalties, on the
same conditions The bill also provides that
when the road is completed to the Pacific WIN
its machinery ia operation, to the satisfaction Oh
Congress- so that the Government can III no way
be made liable for the expenses oil Its operation
and repuirs, then whatever. # any, surplus lands
may remnin unsol1, shall be sold for the account
Y ana benefit Of Mr.. Whitney and whatever sur
!; plus money may remain alter paying all charges
= against said road, shall be his, d re ward or
comp onen,on for this work, and the road and lts
{ machinery shall be considered az belonging 10 the
) nation. Although the bill provides that the title
! thereto shall vest in Mr. Whitney, still Congress
retains the power TO fix and regulate the tolls tor
both passengers and merchandise, so that no
more shall be earned than barely sufficient for the
expenses Of operation and repairs, and the United
States mails are 70 be transported Tree. Congress
viii hold the power TO give the management OF the
road to any other party at any time when Mr..
" mtney may tail TO operate It as the wants OF
the people require. Thus ii is clear to your Com
mittee that Mr.. Whitncy's only chance OF gain
from the enterprise is in the hope al making the
lands, by building the road through them. produce
) him sum c2tccdHg what viii have been his
+ actual outlay for the construction OF the road its
machinery, and the se0o0,0o0, or the ten ceuts per
acre which he is To pay jpto the treasury OF the
United States for the entire belt Of lands.
Your Committee believe that by the provisions
OF the BILL it is not possible that the Government
or public Should either risk or lose ANYTHING; aud
so far as the road goes, though 1T should not be
completed. the public will be gamers. In any
I contingency whatever should the road b. com
mcnCed and continued for 100 200 or more
miles the Government viii hold q capital under
its control for new arrangement, if required, to
complete tie road, without loss aud without tax
ing JbC people.
| f. this manner, and in the execution Of this
stupendous work the country Will realize, as your
Committee believe. ali the energy aud elect OF
private enterprise, without risk and without ex-
pensc, and viii have III the end pubic work
costing upward OF S600G00G0, and with GsG000OO
in the public treasury for lands which, without
| the road, would never produce TO the Government
$I0000,00o and when the same WORK done by the
Government would probably cost near 100000,
00o, which would leave public debt OF AZ least,
rs your Committee believe, $l9s 10000, for the
interest on which would be required a perpetual
tax on the property and industry OF the nation
whereas, by the provisions OF this blu it will not
cost the nation q single dollar, and the public
treasury viii have $So00,Q0o in its vaults for
these lands
1t has been suggested that Mr. Whitney should
be employed agent of the Government 70
execute this work; and that, as the lands are Sold
The avails should go into the National Treasury,
and he drawn thence as required for the work, and
by this mode to to the nation any Increase
OF value which the bU!dGg OF the road would
causd TO The lands through Which it may pass To
adopt this plan, MIR Whitney's proposed route
must be taken, because there are 10 considerable
amount of lands suitable for culture and settle
rent in the possession of the Government or any
p to- Ss pan which, R as he gq 6o5ge
rnl1s 50 II En1nt Ii Mn,Lla To I'll intants md NM