The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-01-19

Cursed and Paid at the pleasure OF said company, At
lime within thirty from the date OF the respective
issues thereof and Ia sums OF not loss than hiy thousand
T. And be il further smoesd That the said com pany
shall at all times from the time Of the completion OF said
oad Or Of any part thereof Of no, less than h.y miles until
pnrsoance Of this act shall be fully paid carry and
port The mails of the United States together with all post
n as'ers asd mail agents who may be designated or ap
pointed 70 accompany the same, over their said road IN
by law by the Postmaster General the United States
without CON pensaon and free OF charge to The govern
men OF the United States and shall aiso during said
tme convey and transport the troops. ordinances military
stores army supplies Indian annuitle and all afcles IN
tribe nation, and all and supplies necessary
to be transported for the use OF the navy OF the United
in port Of the United States said Pac c aud
shall receive therefor compensation al the rate charged
commodities and artioes over their said road.
SIC Had be flrh,r enacted, That the said com
tive years from The time OF hng the certificate OF location
mentioned IN the third section Of this and shall lay and
entire line OF said road 50 that the same shall be completed
their said road and shall all times during the eon,inu
ance o said loan or any part hereo transmit ana convey
sau u a uad Ssss and iii oca
and communications OF the several officers and agents
thereof without compensation and without charge TO the
SIC 9. And be 1t f1iter enacted That no part of the
money or stock provided for in this net shall be issued or
delivered 10 said com pany until satisfactory evidence shall
be produced TO the Secretary OF The Treasury that no prior
lien membranes has been created exists said road
or its appur,enances. OF any part thereof
SEC H. And be ii fnrfh enacted, That in said
due and pay make deau, in The payment Of ether
principal interest of said stock ued and de.
vered to said company in of the provisions of
this act shall any tme without good cause, neglect
refuse 10 transport and convey the mails, ordinances
messages as herenbefoe provided The said railroad With
ss III g.
after due Of all the right te and Interest OF
said railroad and s aPpur'enances shall cease and deter
mine, and the same shall ,hereapon become and be the
property and estate Of the United States absolutely and in
SEC H. And be farther enacted, That the said
pany shall at time charge exact receive from any
transported conveyed said road
an amount exceeding three cents mile and the said
EXPIRATION OF twenty years from the time Of the com
OF sa i'd road take. and become The absolute
company Tho actual thereof deducting
the which shall then remain unpaid OF the moneys
sFo H. Had be if further enactsd That the said rail-
road company is hereby authorized and empowered to
more tracks, in any territory belonging or subject TO the
United States lying between the Mississippi vef Or the
and 10 said company the full enjoyment
and protection Of the labor enterprise and capital invested
Ia said road and facilitate the speedy thereof
by enabling said company conyeni,n niy 10 procure timber
stone forage and oter material 70 be used In ma
king said road roadway, track Of the equal md unii
width ol one thousand feet wherever said road shall be To-
gated through land belonging TO- or 10 which the said
United States snail hereafter acquire title, Is hereby
grated and ceded said ompany in feesimpe and II
.ha be lawful Tor said company 70 90 upon any land ~ the
gtng the United States, and als thereom any TIM
Der EARN gravel stone or other 10 be used 10 The
construction OF said road and also take possession OF
and use any streams or springs OF water beon2ns TO the
said pniied States In constructing usn2 and maintaining
said railroad,
Mr.. BROOKE. In offering this amendment, by no
means intend to commit myself 10 its support exactly as
i, stands simply offer j, as being, in my opinion,
the best Of the three propositions that have been laid be-
fore the Senate have examined the bill brought for
ward by The senator from California and the amendment
submitted by the senator from Texas aud convinced
that they are wholly mpraelesble believe y en-.
importance with the public lands proposed TO be granted
by that bill, that amendment II this road is TO be
built at all il must be done by the federal government
must be built by the money OF the government This is
not AN ordinary railroad, intended 10 develop the re-
sources Of the country through which II passes merely
II is intended 10 be bond-a commercial and political
bondoi union between the eastern, or Atlantic, and
the western, Pacific portion OF this great coniedeacy
1t to all intenls and purposes political oad-to sub
political as well as commercial purposes--and hence
comnends itself warmly the attention and regard OF
the general government As 10 the constitutional power
OF this government 10 construct have no doubt The
only question With me is as 10 The most least feasible
means OF doing so.
While am willing to admi, that the amendment has
many which ought TO be corrected think il IS
the best OF the three propositions which have been be-
fore the Senate shall not attempt 10 discuss either Of
them at present | simply offer the amendment for the
consideration OF the Senate
Mr. GWN. | am not going to enter a, large into this
discussion; ! wish 10 stale very bnehy few OF
the objections which have 10 the amendment OF the
honorable senator from Mississippi The frs, objection
which suggests itself my mind is that company in
coporaied by single State will be governed BY local
parliali,ias and influences The company is, under
stand, chartered by the State OF New York, TO build
railroad from the Mississippi rysr TO the Pachc
In the next place, many OF these coTporaors may be
supposed stock IN eastern and western railroads,
aud would be strongly interested in increasing the value
Of these roads by making toe Pacific route connect with
them although such conneYion would be adverse 10 the
public interest The parties composing This company
in part immense railroad contractors and hence this
is not an unreasonable supposon.
Thirdly. II offered 10 company al all II should be 10
that which bids the lowest and should be opened 10
free competition. II are TO give the money the
credit oil the government 10 company 10 build the road,
let il be 10 that company which will do II on the best
terms.
Finally. This is project TO create a gigantic mo-
nopoy. with power than The gtea, East India Com
pany, and infinitely greater than the Bank OF the United
staies ever possessed. There s no advantage in car
ying the mail after the loan IL repaIdherc is no re-
srcion after that period against exoIbant exacons Tor
carrying the mails The company have The power at
will to redeem the loan, although not forced TO do So
until the end of thirty years. There will be no dlt
Guilty in raising i've per cent loan Tor the whoie
amount OF thry millions, so soon az the road ~ CON,
peted and the complny could al once charge the United
States for carrying the mails ten per cent upon Their
eg sph, upon which there is no restriction OF Their
charges after the loan paid These corPoratofs ask
for the OF the money and credit oil the United States
TO establish close monopoly Of railroad and teegaphlc
communication between the Atlantic and the Pacific
powerful IN operations than any corporation ever
possessed asked for. There advantage whatever
IN the transportation OF munitions OF war, naval and mil
iary stores troops, seamen, nc. The government has
TO pay the that ia paid by individuals and, like
them Is enrely at the Of The But what