Mr. HUBBARD, of Connecticut. I desire to say a word or 2 on the question now before the House, and ifl take awrong view of it I hope the Gentfrom Iowa, [Mr. PRICE, who reported the bill, will be able to convince me of my error, as his arguments are always candid, clear, and strong. I am in favor of the construction of the road, warmly in favor of it, and for all the reasons stated by my eloquent friendfrom Minnesota, [Mr. DONNELLY. But for the present I am opposed to it and that the grounds of my opplosition may be clearly understood, I will state t 19m. 1 deny thatCon ess has the right or the power to bind the government as an indorser of a private contract. That is my 1st objection. We have power to regulate commerce with foreign nations, between the States, and with the Indian tribes, the power to establish postoffices; but this is a private enterprise, as I understand it, and I cau not think that there are any lawyers in this House who have given attention to the subject who will venture to give an opinion that the power to regulate commerce and establish PostOffices confers upon Congress the authority to bring the Goverpment in as a guarantor of a private enterprise. This, then, is my 1st objection to the bill. I wish I could see my way clear to vote for it, for I am in favor, as I said before. of the comstruction of this road as warmly as any man can be. Then I have another objection to the bill. It was not my good fortune to listen to the de bate upon this subject yesterday. Perha a if Ihad been here my doubts would have ecu swept away. But, sir, this bill involves an approprintion ultimately. It cannot be questione that if the Government becomes aguar outer and loses by the failure of the company, then an appropriation must be made, and that, too, without its being considered in ComWhole. It will be necessary for some future Congress to make an appropriation to save the credit and the honor of the nation. So that in this way we are forestalling the action of this House as in ComWhole. I object to our taking action now which will compel some future Congress to make an appropriation to save the credit and the honor of the nation. Here the hammer fell.]