Mr. TRUMBUI/L. It seems to me that the proviso is 'inconsistent with the body of the section, if I understand it. Sectifli 21 provides: That wheneversaid company shall have exnded in and toward the construction ofsaid canal tesum of8300000 and shall deliver to the SecyTreasury and the prtchseidceenrttiofifcsaateidocfotmhepaennygdinuelyervsearfiofireedsabiyd them on oath, stutin thatsuch sum listabovenamed Thraedasbuereyn expende and paid. the Secretary of the shall forthwith pay and deliverto the treas urer of said company or to his order.$200,00i0n. the bonds aforesaid.as a part of the sumtohe leaned by thisact: and wheneverand asoften thereafterasthe lriektearcyertificateand proofshall befurnishedtotheSec of the Treasurythat otherand the further sum of 300.000has been paid and expendedby the said companyin the furtherconstruction of thesaidoanal. the SecyTreasury shall pay and deliver to the treasurer of said compan or to is order.other ofsaid bondsto the amount 0 6200.000a;nd he sha continue from time to time to pay over and deliver other of said bondsto said company or to its treas urer.to the amountof 8200.00u0ta time or such parts thheerreeboyfasmay benecessaryto make the whole sum orderedand directed to be loaned upon such certificatesand proof of expenditure as a oresaid. until the whole$i3.000.000abosvpoecifiedshall beduly advancedand paid. This provides that whenever the company shall have expended $800,000 the Government is to deliver $ 200,000 of its bonds to the company, as part of the sum to be loaned by this act. Whatis the proviso 7 The proviso is that no money shall he loaned to the corporation by the U.S., nor borrowed by it from any other source till the full sum of $2,000,000 subscribed to its capitalstock shall have been collected and in good faith expended upon the construction of the work. Are not the provisions inconsistent? When $300,000are expended by the company, $200,000 of Government bonds are to be delivered, as I the understand bodylof the section; but by this proviso the 2 millions must all have been expended upon the work before the company can receive any thing.