Mr. GRINNELL. Hewas president of the State Bank of Iowa and I will here state that his word financially is regarded as good authority by all parties in that State, without regard to politics; and it is partly because he has examined this question financially, as well as its wide national bearings, that I give it my sup.0rt. More than abanker. He was a rail roa man for 13 years, connected with the roads in Iowa and Illinois, and as a railroad director he gave his time and money and now, when the chairman of a committee, can tious with experience and exact in figures, has examined into this project in afinancial aswell as a national point of view, comes to me and says it is sound and safe and necessary, I give great weight to his opinion. Certainly no side issues should detract from the authority. Mr. Speaker, let us divest ourselves of these local prejudices. Let us rise to the grandeur of position that we should occupy in legislating for a continent. I never wish to see the 2 sections of the country alienated. I would have the Eastbound to the West by iron bands. Give us this railroad, and what cost 25 cents a pound to reach the gold mines can be carried to the far West at from 5 to 8 cents a ound. There is economy in the meas are. T are is greatness and safet in it, and unless my colleague has been grossly deceived in regard to the figures, it is safe financially; and I repeat, although I live on the line of the great Central Pacific railroad, I am willing that we shall have 2 or 3 roads, or as many as we can find money to build and let it not be forgotten that these capi talists, these railroad men, these shrewd man agers, must lose ten million dollars before we can lose one. Will they enter into this projeet without any pros ect of receiving their money back? No; hey are shrewd, intelli gent. far sighted men, as well as patriots, and they know the necessity of this connection, and they know that if we can have the head waters of the Missouririver connected with the Columbia, crossing this magnificent country, we shall have achieved whatcannotpossiblybe achieved by the Central Pacific railroad in the same time. I once, I conceive that, as far seeing and intelli gent men, we shouldsupport this measure, sustained, I observe, by the Boards of Trade, by the powerful press of the Northwest, by every mine r in the West, by the dwellers on the Pacific, and ought to be, as I am confident, by every agriculturist on the wide, rich prairies of our western States.