Mr. FESSENDEN. Who asked them to build greater ships? They do it simply because they think they can make more money by it, because they will carry more goods. Our contract is that they shall build ships equal to a certain amount of power. If they bui d larger ones it is because they think they can make more money by so doing; it is for their own benefit. But now they come in here and ask us to give up a large portion, an important portion of the contract on our side, when they do not promise or pledge themselves or intimate in any shape or form that they will do the service one hour quicker, but we leave it to them to do it or not, according to their own interests; and the honorable Senfrom Nevada [Mr. STEWART] talks to me about the inducements they will have to do it. Let us have the inducements of the contract; that is whatvI want to rely ii on. lfit is so that they will do it quicker, do it better, put that in the contract, and let us not, like unwise men, when we have agreed to give a half million dollars a year to perform a certain service, give up halfthe service on the representation to us that then, when we have given up half the service and give them all the money, they will be under “inducements” to go quicker. the inducement will depend on whether they can make money by it. I have yet to see the 1st company in this country or any other country that put the honor of their country in relation to trade ahead of the money that went into their QWn pockets. If there is such a company I should like to have any Senatorname it. If they can succeed and do credit to the country and at the same time makeit profitable, very well; but if they cannot make it profitable, if it is a losing game, they cannot afford to uphold the honor and commercial interests of the country out. of their own pockets, and will not attempt to do it. If the argument of the honorable Senfrom California is well founded, let it be put into this bill which he proposes to pass that they may have the privilege of not touching at Hon olulu, provided they will make a certain time, and then we shall have some security; but not give it up on the ground simply that thereby we furnish them an inducement to make certain time because the inducement will depend upon circumstances that we cannot foresee.