Mr. DONNELLY. From this testimony, quoted by those who are opposed to the bill, it appears that the land grant is not only sufficient to pay for this road but to equip a line of steamers besides for the China and East India. trade, and leave a surplus of millions of dollars. In the presence of these facts, can these gentlemen say this country would not be safe in giving the guarantee asked for? The bill further proposes to give 25%. of the gross receipts of the road as security for the payment of the guarantied interest. Now, as has already been stated, 25%. isequal to that portion of the recei ts out of which interest upon the capital stoc of the company is paid. Can it be doubted that the receipts of such a road would be enormous? With a vast and rapidly increasing population at both its extremities, great communities growin up alon its whole line, and the trade of the ndies an China passing over it. who can doubt that its receipts would be enormous? If you doubt this you doubt the future of the mautry and forget all the teachings of its past. But it will be said, in answer, if all this is true. why not go and build the road with the land grant alone? I propose to address my self a few moments to that portion of the question. The value of the land grant, Mr. Speaker, depends on the building of the road. That amount of land with the road built through it is worth every dollar of the estimate at upon it by Mr. Wilson. That land, without the road, is not worth todayin NewYork city live cents peracre. You can go all through the western country, in the State of Michigan, in the State of Wisconsin, in the state of missouri, and in other States of the West, and find millions of acres of land that have been offered time and time again for a shilling an acre without meeting with purchasers. Vhy is it? Because they are remote from those great works of internal improvement, the railroads, which are only 2nd to natures great. rivers to the development of population. Take the experience of the West. Go back to the year 1850, and you will find land grants given about that time to the State of Michigan, to the State of Wisconsin, and to the State of Minnesota to build lines of railroad within aperiod of ten years; and yet in the last Congress we were called upon and besought to extend the time yet ten years further in which these roads should be completed. So that in these States, near to the great centers of population, 20 years have been considered essential to the construction of comparatively short lines of railroad by a land grant alone. Mr. Speaker, ifthis were a trifling enterprise, if this was a road of 50 or 100 miles through a comparative y settled country, we might with propriety be told that a land grant alone wouldl build it. But recollect, air, it is over 1800 miles in length, reaching from the western terminus of the great water chain of lakes to the Pacific ocean, a road through acountryunsafe, unsettled, unsurveyed, and almost undise overed in many parts a veritable term inc nita and yet we are to d that thisland grant which on could not today sell for 5 cents an acre 1n the eastern markets will build the road. It is impossible. The proposition is absurd. Something has been said on this floor of the lobby influence of the Central Pacific railroad being exercised among members of this House adversely to this bill. I know not how that may I have no knowledge of the subject my self. I know when that road has asked at the hands of the country for additional aid the Northwest has been almost unanimous in its favor; and if there is today any party in the lobbies of this House representing that road, and trying to sim e down a road running 1000 miles distant from it, then I say. sir, it cannot ask, and should not receive, a single additional favor at the hands of the American people.