Mr. CONNESS. I only wish to say a very few words on this subject. I was expecting to hear from the Senfrom Maine, who is a member of the ComCommerce, somethingin rely to what was stated by the Senfrom Bhio upon the question of the sole right given to this company; but, as the Senfrom Missouristated, no sufficient reply has been made to what was said by the Senfrom Ohio. This is certainly in the nature of a monopoly exclusive in its character. suppose when Congress granted a subsidy to the overland line of telegraph that in lieu of granting a subsidy the exclusive right to telegraph between the Atlantic and Pacific had been granted for a given number of years would you have any competing line at all I Could they not have charged just what they pleased? Could they not have excluded the construction of any other line? s That is exactly what this bill contemplates. The language of it is that from Florida no other party can construct a line to any other part of the world within a given number of years. Suppose we go on and increase this system, go in ustriously at work to examine the coast of the U.S.A and grant to another company the exclusive privilege from another part of our coast to a certain other part of the earth, and so on around; shall we not belt our entire chest by exclusive privileges? I think it is a class of legislation that is very questionable indeed. Granting a subsidy is entirely another thing. I would sooner vote today to grant any reason able amount of money that might be asked to this company to aid them inestablishin a line in the direction spoken of and in maing it profitable to them, than to grant them the exclusive jurisdiction for any number of years. Granting a subsidy is one thing; granting an exclusive right to A, B, and C to control a particulnr means of communication is entirely an other. I think myself that the Congress of the U.S. have been stingy and scarcely as liberal as they should have been in encour aging commercial relations by grants. however, that is not under consideration now; but it is a pretty serious proposition to grant an exclusive right to any company. I was visited by some ot the gentlemen interested in this measure, after the last discussion that transpired in the Senate, and they laid before me the fact that the Spanish Government had granted an exclusive right to certain Spaniards forever. Suppose they have shall.we imitate Spain in that? I think a is hardly in accordance with our policy.