The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-02-27

tent He may believe tina, that viii be the better and
cheaper route. have no doubt he does believe but
that SENATOR In the candor OF his nature, presume
would no, deny that he would 20 for this proposition be-
cause ii is Memphis, Tennessee. II the road should
point in the direction OF the State which have the honor
partly 10 represent might vote for IT, might desire
very much 10 The termination upon the line OF the
territory Of the United States. IN direction which would
TO my section OF the country the eastern terminus
o the road Bui, sir as long as desire, as friend OF
this measure that the road shall be made, and long az
the friends OF the bill TO show disposition TO stand
by i, with It's present general features should vote
az ans proposition of that kind, and would be willing
to ackno ledge that If were TO vote Tor H. shosld do
il almost solely upon the OF sehshness-i0ea in
erest mean BY that. that might be guided as much
by patriotism conceive my honorable friend from
Tennessee Mr. JosEs IN this matter, in the belief that
il would be better route but what OF that! That
would be my opinion. He has his opinion. He may be
right may be right. We may both be wrong ST.
LOUIS may be the best point New Orleans Vicksbug
may be- Omniscence can only tell at present; tor sd
mil that there is aud will be- good deal OF darkness
about Us until we shall learn more by an actual survey
But while we do know than we do. II sesms
me the bill now stands upon iaer basis that II would
ii we to undertake 10 locate the points. g1
Mr.. DAWSON. | desire to say 10 my friend from
South Carolina that shall be constrained to vote against
his amenament The position l occupy is that the
railroad should 90 on the route that il practicable and
where will best subserve the great public good The
ground that am acting upon is. that we can determine
that only by proper estimate and survey. and am
waiting for that result shall therefore vote against
the bill invariably until these things presented.
The question being taken by yeas and nays, resulted
yeas ~, nays 29--ds follows
YEAS--Mesrs Brodhead. Brooke Butler, Charlton De-
saussure Downs Fitzpatrick, Hunter, Jones OF Tennessee
NAYS-Messrs. Atchison Bell, Bohand, Bradbury. Cas-
Chase, DAVIS Dawson. Dodge OF Wisconsin. Dodge of
Iowa, Douglas Fech, Fish. Fo,t Gsyer. Gwn. Hous-
er-29 = 80 80 ~
So the amendment was rejected
Mr.. SEBASTIAN stated that he had paired of with
MIR. UNDERWOOD. There is a matter OF import.
ance which must bring to the attention Of the Senate
IN consequence OF striking out the act of incorporation
L changed very much the features of the whole BILL
think II requires amendment wish particularly 10 call
the attention Of the friends Of the bill to the seventh sec
lion, in which il is provided that if the company shall TAIL
to comply with the terms of the contract the whole work
which they may have done shall be forfeited to the Uni
vdes that, in case OF any such failure the President Of
the United States shall readvertise and ele other con-
tractors &c. The difficulty is ,hs The other contacts
go and finish the work Suppose the government
wishes 10 take and make it free. That is the object
have IN view do not intend. if help IL to let the
company have the work forever Then the ninth sec
ton provides that the company to be required to
render to the United States the said road aud line OF
egraph. with their equipment apportenaRres and furni-
are upon the payment to the said company of the
conceive that there will be difficulty in regard the
construction OF these provisions What is to become OF
the expenditures OF the first company which have been
Mr.. RUSK. There is not the least difficulty in the
world They are forfeited and under another provision
tract must keep an account OF their expenditures
Mr.. UNDERWOOD I beg the friends Of the bill TO
hear me a n!e while labor under the apprehension
that there is difficulty; and il that there is not
shall most cheerfully sustain the bill as il is Now the
OF the section which have read s that the CON-
psny surenderng the road is to the whole cost
OF construction, allowing ten per cent profit upon their
Investments deducting from the whole OF said road
the amount OF the bonds paid the said company, and
the proceeds OF the lands granted them" Now, you
perceive that the bonds granted to the company that n
ishes the road will only be small portion OF lie bonds
which have been granted from the beginning My OBJ
lec il TO get clear of these difficulties The first CON-
pany may received bonds 10 the amour, OF len mil
hons, The company which ultimately constructs the
road may have received TO the amount of ten mions
he difficulty out oil the construction OF the siause
Inc language is, that the company that is conn ed TO
give up the road is receive the whole OF consuc
ion What want to suggest to the friends OF the bill
that they should insert, in appropriate place. the
| following:
The cost of that part of the road which may Ave been
forfeited 70 the government fany and the of the
proceeds Of the lands sold disposed Of and Of
retained by the company completing the road shall
and the remainder paid TO the company surrenderng tho
road to the government"
That will place it in such condition that there can be
no difficulty about it That am sure, what we all mean
and wish but apprehend that conseq OF chang
ing the character OF the bill by striking the corpora
Ton clause the d'tcuy may arise they had all Deen
corpofaors coming IN apprehcnd they would have been
entitled to the stock in the company proportion 10 their
contributions, and they would have lost the stock by
otnefs coming IN and completing the road That would
have been just and could have been secured by regua
ton Bat there is now difficulty. as think which
have conceived my duty to bring the attention OF the
Senate II the first is forfeited subsequent
contract Is TO be made. When you come to take the
road away from the second contractors the bill provides
that the whole cost OF construction he returned TO
them. That provision of the bill is not sufficiently sx.
plicit.
Mr. GWlN. think can satisfy the senator They
do not get cent for the construction OF the road until
they complete Ay miles Ii contractor fails he fails Il
risk-aad that is the of the road III be has con-
raced for thousand miles, and builds FIVE hundred and
completes H. he gets paid Tor it, and that 10 the OF
The road Then, another contractor takes another FIVE
hundred miles and completes IT, that is the cost OF The
road They are required to keep books with the mos
minute detail. think there is no difficulty in it,
Mr.. UNDERWOOD. | really apprehend that my OBJ
lection is not under sood
Mr.. DAVIS. Where the bill speaks OF the whole cost
OF the road, II 1t all that has been expended upon
II, the gentleman would be right But l apprehend that
the fair implication is that the clause aludes the
TO those individuals.
Mr: UNDERWOOD. II it means that, am content
with 1t bat II does not read
The PRESIDENT. II there be no further amend.
ments to offer. the bill will be reported to the Senate.
lTo BE CONTINUED
SATURDAY, FEBRUARY %, 1853.