Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1869-03-30
Synopsis on Report of Senate Committee on
Pacific Railroads,
Mana Eahruarv 10 1869.

MADE February ~, lS0J.
The report of the majority of the sen'
ate Committee on Pacific Railroads is al
exhaustive argument in favor of two adj
ditional trunk railroads to the Pacific
one from Lake Superior to Puget's Sound
the other from Little Rock, ing Arkansas
aud from the terminus of the Kansas Pa
oifc railway in Kansas, by the route o
lie thirty.ffth parallel, to San Diego and
San francisco The report declares at
6rmatiyely that the bill reported by the
majority of the committee was intended
10 DO the 6nality of legislation in aid o
Pacific railways; that after having pro
viied substantially two additional trunk
ootlofs -one for the Northern States ant
one for the Southern States-at suitable
initial points, it was intended to stop there
ell Congressional aid, and leave to private
entcrprise and State endowment the flu
tnre construction ofbranches. The report
shows ut length, and with large array
Of Statistics, derived from the experience
Of the influence of railways in Englard
France. Belgium. Holland, and the Uni
ted States, that they are the greatest o.
all modern agencies for the production o.
wealth and the development of trade and
commerce. 1t demonstrates that the i'm.
port and export trade of the principa
countries in Europe are in precise proper.
ton 10 the development OF their railwa,
systems, respectively ; that the experience
Of Bclgium, France, Austria, Spain, anr
Italy, shows that tax on railway receipt
Il the best sinking funl thus far devised
for the speedy payment of national debts.
Il also shows that two additional trunk
railways to the Pacific are commercially
necessary, demonstrating that singh
line cannot do the work that will b
thrown upon it; that additional lines, free
from Instruction by snow, are needed to
maintain uninterrupted intercourse; to
prevent the evils of monopoly to avo d
Political discomfort in the Northern ans,
Southern sections of the Union to brinY
he public domain into market to increas,
Immigraton from Europe to quadrupl,
odr yield Of gold and silver; to save two,
thirds of the cost Of wagoning supplies t,
tho loo military posts in the Indian coun,
( try, which now amounts to about seven.
toen millions a year; to reduce by one.
hal { the number Of troops maintained ii
The Territories by the greater mobility
the roads will give the remainder, ant t,
practically enl milan wars, which the
ropoft shows cost the country during the
last campaiyl about one million dollars a
week. Tle majority Of the committee
ingenuity recommend aid to the roads us a
measure of immediate and lasting econ.
I oz1yt 10 the Government The report
proves that it is safe for the Government
u lid Them, without reference to the in
eidental advantages of doing so, by show
ina from the accounts Of the Quartermas.
fer's department with the Kansas Paciii
Railroad that upon an average use of22'
niles of the road its earnings for worl
dom l6r the Government not only paid
1ho interest on the bonds advanced to tn
road and PROVIDED the sinking fund t,
redeem them, but brought the Govern.
ment il debt to the road. The report op.
poses grants hereafter of Government aid
like that given to the Union Pacific and
Csntrab Pacific, in bonds directly issued,
but a{Iyocates guarantee of the interest
Of The mortgage bonds Of the two addi-
tionai hunk Pacific roads, to be issued
to defined and limited extent. 1t de-
clares that they are military, commercial,
and POLITICAL necessities, and concludes
with The averment that the people demand
their constrcution, and do not, as has been
alleged, participate in, or sympathize
with. tbe recently raised cutlery against
Pacific Railway aid.