Mr. CLARK. That is the great vice of the bill, as it seems to me; and the question presents itself to Congress whether they will undertake legislation of this kind. These may be all very good men and very good corpora tors, and yet for all that the State of Virginia, if they were to undertake to operate in the state of Virginia, might say, “ We do not desire to have any such corporation operate within our State; they may operatein a way thatmay not be satisfactory to us, and if they do, what remedy have we 1” So might say the State of NCarolina. So might say the State of Iowa, “What remedy have we?” and what remedy has the State? Suppose this company should abuse its trust in the State of Iowa and was acting in a manner not satisfactory to the population, what can that population or that government do about it”? Come here and ask ongress to repeal, alter, or modify the char ter; but they have no redress of themselves, none at all. The Senfrom Maryland says so they might o crate in every State in a way that would be objoctionable to the State, the company chartered within this District. by congress, and the States have no redress except through Congress. Now, lsay if this corporation or any corpo ration wants to operate in the State of Iowa by associated wealth, let them go to the State of Iowa and ask the Legislature of Iowa to grant them that method of operation and grant them a charter, one which the State of Iowa can control. If they desire to operate in SCarolina, let them go down and ask SCarolina. for a charter, one which SCarolina can control. I think it is very much better to follow in the respective States the legislation or want of legislation of those States themselves in this regard, and not incorporate companies within this District which may attempt to operate in this way in the States, or whose object shall be to operate in this way. I presume it will not be denied by the Senfrom Maine, or anybody else. presume it will be admitted that the object of coming here and asking for this act of incorporation is to create a great company which shall act outside of the District, not within it.