Mr. HOWARD. The ComPacificRR to whom was recommitted the bill (S.No.887) to secure the speedy construction of the Northern Pacific railroad and telegraph line, and to secure to the Government the use of the same for postal, military, and other purposes, have had the same again under consideration, and have instructed me to report it back to the Senate with certain amendments. In making this report, I beg the indulgence of the Senate for one moment, while I say that the ComPacificRR do not expect that at this late period of the session it will be possible for the Senate to act upon the bill further. Indeed, many of them are of opinion that it is not expedientunder the circumstances to proceed further with the consideration of the bill at the present session, and I shall be content for one to have its consideration postponed until the commencement of the next session of congress. The amendments of the committee, I beg to say, are very brief, and I seize upon this opportunity of stating substantially what they are. The committee amend the scheme of guaranty embraced in the bill by dividing the whole route of the Northern Pacific railroad into 3 sections, the 1st section commencing at the eastern terminus on Lake Sn crior and running westwardly to the 111th degree of longitude, the distance being about 1,100 miles, and on this section the amendments guaranty the interest on stock at the rate of $10,000 permile, that is, for 160 shares the shares of the company being'SlOO each. The 2nd section commences at the 111th degree of long itude, running west to the 119th degree, being, according to the bill which was referred to the committee, 520 miles in length. This is the mountain region and is called the mountain district. On this section the amendments of the committee guaranty interest on stock at the rate of $48,000 a mile or 480 shares permile. The 3rd section commences at the 119th degree, running to the westernter minus, that is the muin trunk to Puget’s sound and the branch to Portland, in Oregon; and on this section the amendments of the committee guaranty interest on stock at the rate of $32,000 permile, or 320 shares. The distance to Puget’s sound is so osed to be about 200 miles, and the ength of the branch, as near as it can be estimated by the materials which the committee have in their possession, is about 400 miles. The scheme presented by the amendments of the committee gives to the company the same rate of aid in guarantyin stock permile as the Union Pacific railro has in bonds, and is in fact a reduction of the aid claimed in the original bill by nearly one halfthe whole amount of guarantie stock, that amount being by the scheme presented in the amendments about 60 milion dollars in such stock so far as the distances can at present be estimated. I present the following, Mr. President, as a rough estimate of each of the 3 sectionsof this Northern Pacific railroad route: the 1st section says 1100 miles at $16,000 guarantied stock per milewould require $17, 600,000 of guaranties stock. Ofcourse Ispeak of principal. The 2nd section, being by the bill as originally presented 520 miles, at the rate $48,000 permile would re‘ nire$24, 960,000. The 3rd section, including (the branch to Portland, Oregon these lines measuring, the main line to Puget sound, say 200 miles, and the branch to Portland say 400 miles, amounting together to 600 miles, at the rate of $32,000 per mile, would require $10, 200,000. The totalpof aid in the shape of guarantied stock being thus $01, 760,000. The annual interest upon it would be $3, 705, 600, and the wholeinterest for 20 years $74, 112,000. I avail myself of this opportunity of making this statement in oyler that the facts may apenr upon the reports of our proceedings, and ask not this bill be postponed until the next session of Congress, with a view to elicit discussion throughout the country upon the part of all persons who have an interest in the prose cution of this greatenterprise. I therefore submit the motion that the bill be postponed until the next session of Congress, and that it be printed. The motion was agreed to.