The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-20

contract il shall be stipulated that the said road shall
that OF said lands be conveyed contract
ing party until one Of those is completed and put into
successful operation when the President shall convey
patent 20 the acting party three fourths of the land
pertaining 10 the section completed retaining the other
fourth as security for the completion Of the next section
Of twenty 1--WE niles and when the next s completed the
President SHALL in like manner convey the contracting
party three ourths of the land that section
ton; and 30 on with each succeeding section, con-
veyng three fourths and retaining fourth security
for the Of the next until the last section Of the
road B finished and put into operation, when the Pres
dent shall convey TO the contracting parties the residue
Of the lands hereby appropriated and said contract shall
require that the United States mail eha all times
carried said road under the direction and control of
the Postmaster General and all other government
poraon provided for in this act shall be performed under
the direction Of the proper departments respectively,
and the compensation therefor at the prices specified
said contrac. contracts shall be regularly paid from
treasury OF the United States quarterly or at such times
Sec T. And be it further enacted, That the President
be- and he s hereby authorized and.drec.ed as
section OF twenty five miles Of said made and
put into successful operation 10 be issued
contracting party bonds of the United States bearing
exceeding five per centum per annum interest," which
interest shall be able semi annually and the principal
payable nineteen years from the date Of their issue
the amount Of we've thousand five hundred dollars for
each mile OF the same; and in like manner, when another
section OF twenty five miles made and put
ful operation equal Of bounds shall be issued
and delivered 70 sad contracting party and so With each
succeeding section, until the whole road shall have
been completed; Provided, That the entire amount Of
bonds hereby authorized TO be issued of said
road sha in event exceed in the aggregate Of
twenty millions of dollars it being the intent Of this
act to az vance TO the contracting party twelve thousand
Ave hundred dollars for each mile of road completed and
put into successful operation; which of money thus
I. be repaid to the United States by the said
contracting party in the TRANSFORMATION and
vice provided for in this act and compensation, other
than the lands appropriated and bonds authrized TO be
issued by this act shall be made To the contracting party for
transportation and service rendered uHder their contract
ur, the value for such transportation and service shall
|
interest Of said bonds Provided that all duties rail
iron imported and laid down said road shall oe
charged TO the contracting party and paid TO the United
States, by deductng the amount from the credit be
gwen for The service FIRST under this act Pro
yided, further that If American manufactured railroad
iron, Of equal qualities, shall DC offered to the said
tractor or contractors which including ali items of cost of
manufacture sale and delivery shall not exceed the like
cost Of such iron obtained from foreign countries the
American manufactured iron shall be preferred and used
By sail contractor OF contracting party.
Sec g. And be IL further enacted That should said con-
tracing party neglect or In any refuse 10 prosecute
the work undertaken By them in manner to the
completion thereof in compliance with the contract,
should violate the terms of said cooiract then all rights
OF said contracting party 70 said road, right of
way. lands or other property pertaining thereto,
including such of the depos stocks any that
may remain unexpended shall be and become forfeited,
United may upon and retain the same
In the event Of such forfeiture be determined by
President, he shall proceed to rele that portion Of the
road remaining uncompeted under such forfeited contract
ana provide for the disposition of the work in such
uer will secure the earliest pleon of the road in
conformity with the provisions of this act Provided that
any higher or other terms than authorized and pro-
weed tor in this act
Sec. And be II further enacted That the contracting
party receiving lands under the provisions Of this act
shall be required To sell and Internationally convey
one half Of the same within five years from and after
the issuing Of the patents for the same and ell lands
granted which shall ain the property OF such
uacur party, or wnch may be held by themselves
others for their use or benefit at the expiration OF
years from the das OF the patents shall be and become
toe property Of the United States.
sec TO- Antbe It further enacted, That the lands Of the
feet In lopp tha
tire line OF sad road hereby set apart and dedicated
highway for railroad and telegraph purposes under the
direction Of Congress- and the said contracting party may
tske any earth stone, timber, other necessary
mater ais for the construction keeping In repair
any made pursuance OF this act for the build
ing and keeping up OF said road shall provide for its
strucion IN substantial and workmanke manner, with
oil the necessary drains, culverts, bridges vaducts,
crossings, turnous, stations and watering places and all
other appurenaDoes including furniture and rolling stock
equal all respects TO railroads OF the hst class when
prepared for business with rails Of the quality weigh
ing not less than rs pounds to the yar1 and uniform
gauge Of feet throughout the entire length OF said
also for the construction Of telegraph line, Of the
most substantial and approved description TO be ope-
rated along the line OF said railroad Provided
the contracting party shall not charge the government
higher rates than they do individuals for like teegaphc
service.
Sec H. snd be further enacted rha, the contracting
partv building or owning said road may at any time
struot one or more additional tracks within the two hnn
drec feet set apart for the right Of way and shall be
the duty OF SAID contracting party sad road
" permit any other railroad which shall be authorized
py OF territory state in which the
same may be situated TO form connections with fair
and equal terms,
SEQ ~ And be further enacted That whenever said
road part thereof shall be surrendered 10 the United
states In pursuance OF the provrions Of this act there
upon 20 much Of the same may be situated within any
state sbal, with II assent vest In and become the pro-
pery Of such state subject the United States
for po-ta military, naval, aud all other
vice. and also subject 70 such regulations a. Congress may
nos. restricting the charges for such transportation;
and any other state through which said road may pass
mited into the Union thereafter shall acquire the
st.h htsrf a lLox fWtrts1.n ~.
Sec. 10 And be further enacted That while the said
contracting party or owners in any indebted
o the United states they shalt keep books In which shall
be entered regular statements OF all Disbursements
pcnditures and recei s setting forth specifically the OBJ
os Of said expenditures and the sources whence said
receipts derived, together with particular OF
al accidents that affecting property persons
or causing delays tho road, which books shall be
osn all times 70 the Inspection OF the President any
person authorized by him to examine The same TO
the members each house Of Congress- and the contract
ing arty shall report ua y 10 the Secretary
OF the Treasury 90 the first day OF October in each year
Accompanied by minute and detailed exhibit Of the eI-
seodares and profits Of sad road aud telegraph for the
year preceding 10 be acsted by the oaths secre-
tsry and treasurer, which report shall be
Congress BY the secretary at the commencement Of each
session.
TIE DANISH SOUND DrHA
Tho Vice President laid before the Senate a message
from the President transmitting copy Of the convention
between the United States and Denmark on tho subject Of
the Sound dues.
VISITING pouS1rEs
Mr Clay (adm) Of Als., from the Committee on Com
mcrce reported back the bill 70 repeal all the laws grant
ing boun,es vessels engaged the Banks other cod
fisheries,
vrpows Avp ORPHANS PENSIONS.
Mr.. WILSON, opp Of Mass, introduced bill 10 amend
the half pay oceraIn widows and orphans
which approved in 1853. Referred 70 the cOmmstee
on Pensions.
TRADE.
On molten Of Mr.. sxwARD, tOpp) Of y, resolution
was adopted requesting the President IL incompatible
with tho public interests, to The Senate
any information in his possession derived from officers OF
the United States squadron the Africa or
The British or French governments any other Official
Sources concerning the revival Of the African trade
ErI0Grss ON rHr LATE SxSaruR RrsK,
Gen Housrus, OF Texas, ieath Of sena-
tor Rusk hs late colleague and stated that deceased was
born in Pendleton South Carolina and descended from
an IRISH patriot, who immerated N this country
qucncc troubles Ho of