The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-03-09

leman from New York could have the franchise
for one Million
Mr., Wood-I win guarantee to raise In the city
Of New York ten millions for the privileges
granted In this bill.
Mr.. Cox--I raise the point Of order that Il is
not IN order to put up franchises at auction on
lions.
Mr.. Ingersoll--The gentlemen from New York
lMr Wood knows very we'll that his proposition
Is mere brag.
Mr.. Wood-If the gentleman from Illinois
will permit, will eay only three words. / can
assure him that / am entirely sincere in saying
tnat the irf.nchise proposed to be given to q few
men by shis bill will In Wall street command a
capital of $50 000 600 as bonus.
Mr.. Biggs-I want TO know whether the gen
charter.
Mr.. 1ngersoll--I have rs much right to offer
to sell as the gent from New York has to offer
TO buy II. No sort of brag or buncombe or
braggadocio will accomplish anything here
Laughter.)
Mr.. Cox-Then hope my friend from Ilii-
nois will withdraw his bill. Uaughter)
Mr.. Eldredge would like the gent to- tell
| us where buncombe and braggadocio viii have
an effect. (Laughter)
Mt. Ingersol-I would like to accommodate
my N1table friend (Mr. Cox, but can't with
| drawsthe bill. The corporators named In this
bill do not want to sell the franchise, but intend
| 10 build the road, and that is why these Objec-
| tions are made.
Mr.. swann-Have the corporators named in
| this bill been consulted by the Hon. Chairman
| and agreed TO accept the trust?
Mr. Ingersol-They have not been consulted
| by me.
Mr. Swann--What information has the gem
tleman that they will build this road9
Mr. Ingersol~-The committee that reported
this bill Is not trihing with the House. The
| committee supposes that these corporators are
men of capital and business energy.
Mr.. CoX-I would like to suggest an amend
ment which think would carry this bill through
Congress.
Mr. Ipgersol-It looks very much as if it was
| going through now.
| Mr.. CoX-1 wish to suggest to the gentleman
to strike out all these names of corporators and
| insert the names of members of Congress. It
| win then go through with bulging majority.
| OLaughter.)
| Mr.. Ingersoll-I will yield to the gentleman
/ to make that motion. (Laughter.)
| After some further running discussion Mr..
| lngersoll moved the previous question, but the
House refused to second it by vote of 81 to II.
| Mr.. Swami addressed the House in opposition
to the bill, arguing that there was no necessity
for 1t, for the line of railroad now existing be-
| tween New York and Washington was sufficient
| for all needs of travel and commerce, and was
| managed as literally as any railroad In the
country, and also arguing that the exercise of
| such power by Congress- would interfere most
| dsastrously with the large capital that the
States and the people had already invested In
great works of internal improvement by ere
ating forced opposition, with the aid, counte-
| nance, and sympathy of the General Govern
| ment to favor one interest at the expense of
another.
Before concluding his remarks the morning
hour expired, and the bill went over until the
morning hour tomorrow.
Mr.. Garfield, from the Committee on Rules,
reported rule devoting exclusively to the busi-
ness of the District of Columbia, when claimed
by that committee, the third Friday of each
month from o'clock till the adjournment.
| After brief discussion the rule was adopted.
Mr.. Morgan presented petition of the lead
ing business men of Mount Vernon, Ohio, and
| two hundred and fifty others, irrespective OF
| party, asking Congress TO abolish the national
banks, to issue five hundred millions of green
| backs, substitute the same for national bank
notes, and pay in greenbacks at par three hun
dred and forty millions matured fve-twenty
| bonds.
| The House then resumed the consideration of
the joint resolution reported yesterday from the
| Committee on Printing in reference to printing
P@tont OAieo specifications, Oto.