Mr. NYE. it is difficult to argue against the belief of my ertinacious friend, and the entire knowledge 0 my more quiet friend. But, sir, notwithstanding, I shall venture upon it. It is quite likely that when the northern route shall be opened up there will be a line of telegraph upon that. “heSenate will bear in mind that every railroad that is authorized to be constructed to the Pacific coast is by its charter compelled to build along with itan independent line of telegraph, or to make arrangements to use the other iine, so that the telegraph shall go with the railroad, and that the cars may be run by telegraph if necessar. I think the object of all this is to give this National Telegraph Company the right to sell out, and to compel the existing monopoly to become more monopolizing in its influences by adding to its prices what it has to pay these other companies to secure their franchises. There is no obligation in this bill on this com, pany to construct a telegraph anywhere. They do not propose to construct a line of telegraph to any place. The bill does not make it their duty to construct one single rod of telegraph; but it is an open permission to them, that.when ever the desire it in the present or the future they shall have this privilege. Sir, I never have believe, and I do not now believe, that the assent of Congress to the put ting up of a telegraph line through anyState or across any riveris at. all essential orim ortant. This company is a corporation create by the State of NewYork, an( the distinguished Senfrom Ohio who fathers this bill must be aware that the Supreme Court of this nation have held over and over again that a corporation created in one State has a right by the comity of States to perform its functions in other States. It was so decided in the cele brated coal cases of Pennsylvania and Maryland. There is no necessity for the legislation here proposed in that respect but to give additional sanctity to it by giving it the indorsement of Congress so as to enable this company or any other but there is no other, probably, that will try it to sell out its franchise. The project that was started for a new Pacific I'elegraph Company has answered the end designed; and I entertain no doubt that they were privy to that injunction in Nevada. They had got far enough to give evidence that they were going to build the line; and when that was made evident what was the result? A combination of both companies; the concen tration of all the telegraph interests; and I repeat, you may authorize a dozen more and you will never get another line of telegraph, except what are built as the country increases in importance across, untilyou get your Northern Pacific railroad throng 1. Now, Mr. President, if there was any necessity for this bill I would not object to it; but there is none. The men who live upon the Pacific coast and reside here 6 or 7 months in the year are burdened already as great as they can bear, without the additional purchase of any other telegraph line. There is nothing in this bill. It is simply prospective in its character, for an ideal company that may be hereafter organized, or one that now exists. The National Telegraph Company that ask to do this have not a rod of telegraph any where, and they never will have one. It is simply an effort, I repeat I am glad that my friendfrom Iowa has knocked that feature out of the bill to get an indorsement of a NewYork charter by Congress to make the existing companies buy them out. I do not propose, for one, to be a party to any such speculation. It will be time enough to legislate for additional telegraphs when companies really prouse to build them. It