Mr. FTHOMAS. I would simply make the remark in this connection that no section of the country has suffered more seriously than the county of Alleghany, in Maryland, from corporations created by the State of Maryland for the benefit of non-residents of that State. These charters unfortunately did not make the parties obtaining them responsible for the contracts of the corporations, and the amount out of which the population of Alleghany county has been oil. by such corporations has been enormous. One charter after another was granted to gentlemen from the northern section of the Union. They have come into Alle ghany county and engaged in large operations and become indebted to the landed proprietors and also to the laboring classes of that county. Those companies have become utterly insol vent, and when their affairs came to be wound up a few old spades and pick axes and worn out horses were all that could be found to pay 1000s of dollars of indebtedness. Now, I hope Congress will not thus, interpose betweenthe people of Maryland and these specu lators.P afford a further opportunity for plunder. Maryland has upon her statute book a law adequate to accomplish any purpose like this. Any number of individuals may go into alleghany county and purchase coal mines and place on the county records evidence of title, and they are then entitled under the law to become a corporation for all puposes of mining, and they are amenable to the laws of Maryland. The extent of their resources is perfectly com‘ehended, and everybody who deals with them Knows how far they can be trusted or not trusted. But under a charter like this speculators may go into the State of Maryland and reenactscenes the memory of which makes the heart of every man who loves his fellow man sicken with sor row and regret at the plunder and robbery committed. I hope, sir, if this bill is to pass, that these ineorporators will be made responsible in their individual capacity for every dollar they may become indebted for in their operations.