Mr. HENDRICKS. I understand that very well; but the State of NewYork now, by her Senators here, objects to the consideration of this bill at the present time. Is it not fair togive to the Senators from NewYork an opportunity to consult with their constituents upon so importanta work to her interest? what will be the effect of the passage of this bill should it go before the Legislature of NewYork? The appeal will be made there to the members that Congress has proposed to invest so much money within her limits to organize a company of this power, and the ap eal will be made to the memers of the Legisature to grant this privilege. The Senators from NewYork have asked that before this is done they shall have an opportunity, during the coming months, to consult their constituents. It seems to me that when the extraordinary proposition is before us, that Congress shall createacorporation to exercise its powers entirely within a State not at all within the DistCol, not at all within any of those localities over which congress has‘exclusive jurisdiction, but entirely within a State and the Senators from, that State are asking us to postpone its consideration for a few months, it ought not to be a debatable question. Northern Indiana is interested in this work; I know it very well; but northern Indianawill not ask an act of injustice to NewYork; nor will she ask that congress shall do that which the Constitution forbi s. I do not now propose to discuss that question, nor am I prepared to say that I have a decided opinion upon it. My impression is, however, that Congress has not the power to do what it never yet has done, establish a corporation to do a thing within a State exclusively. The Senfrom Illinois has referred to the condition of our markets; to the fact that com, in southern Indiana and southern Illinois, during the past year, has been worth but 15 cents a bushel. I have seen the statement that in his State corn has been used for fuel. I know nothing about it except as it is stated in the newspapers. If that be the condition of our commerce in southern Indiana and southern Illinois, what is the remedy? Not a ship ' canal around the falls of Niagara. That may be useful; but our great remedy is the restOration of commerce and trade with the southern Let us open up the rivers again; let there be a prosperous people,:1.money making people along the shores o the Mississippi river and along the Gulf coast; let us find our ready and our natural market in the southern States, and corn will no longer be 15 cents a bushel. I believe the Senfrom Illinois was one of the Senators who voted to.put a tax of 1600%. upon corn when it is reduced to a commodity that can be shipped to market. Corn that is worth, he says, but 15 cents a bushel, one bushel making 4 allons of whisky, has to pay, in that State, eight dollars of tax; and that Senator favored that oppress ivo measure against the'interest of his own State and of the State that I represent.