Mr. KIRKWOOD. I will give my colleague the information that he desires on that point. This company was chartered under a law of the State of NewYork, and I hold in my hand a copy of the articles of incorporation. They were submitted to the Senfrom NewYork, [Mr. Hsniiis] who is a member of that committee, and I believe the are in accordance with the laws of NewYork. While I am up I will say a word with regard to the bill itself, and in explanation of its pro v visions; The public lands of Montana Territory have not been surveyed, and therefore can only be located under the existing proemption law, limiting the amount, I think. to 160 acres. Mllllll" is being carried on there to a very considerable extent, and in mining operations and in other 0erntions there iron is necessarily used to a urge extent. We know that now the iron used in that Territory has to be furnished from the iron manufactories of Pennsylvania and elsewhere, and carried to StLouis, and up the Missouririver to some point from which it is started on wheels out to Montana, or else broughtby rail to Iowa, wheeled across Iowa, and t on by wheels carried to Montana. The result is that the freight upon the iron used in that Territory must be from 30 to 35 cents perpound. This state of affairs must necessarily be a great drawback upon the prosperity of that Territory, and if we can in any egitimate way reduce to them the expense of iron used there, it seemed to the COLHLHHIOB sro or so to do. We are expending a great so of money that does not bring back money again to the public Treasury or increase the wealth of the country; and if we can legitimately legislate so as to increase the Wealth of the country and the prosperity of these western Territories, it seemed to the committee well to do so. What the committee therefore propose to do is, not to give to this company an lands whatever; not to give them an acre O land but to allow them, in advance of the survey which we will not make, or do not make. at all events, to take up the quantity of land named in this: bill, with the same privileges and subject to all the liabilities of preemptors, save and except so far as they may use the timber on the land for building and running their iron works. We require them to make the surveys at their own expense. We require them, before they shall receive a title to teland, to satisfy the SecyInterior that they have built on these lands iron works capable of turuin out, and turning out, 1500 tons of iron perannum. If the fail in anyone of these conditions they fo eit their entire right, and they are compelled to pay for the land the price of $1 25 peracre. The whole departure from what I understand to be the ordinary policy of the Government is in allowing this company to take up more land than it can take up under the existing law. 160 acres of land would not justify an iron coni any in establishing iron works. They must have timber for coaling. They cannot get it under the existing law. If they go upon the unsurveyed lands without a law of this kind, they are trespassers and liable to be sued and mulcted in damages forever offense. Without the timber, they cannot of the work. The question then is, shall they, or shall they not, be allowed to take up this land upon paying into the public Treasury the ordinary price of the public land, and establishin works there before they can receive title tot eir land? It struck the committee that it was necessary for the development of that Territory, and it would tend to do what they thought was required to be done at this time, especially when we nave such heavy drains upon our people in the way of taxation, to increase tie productive wealth of the country, to some extent, without at all injurin7 the ublic.