The Secretary read the amendment, which was to strike out all of the original bill and to insert the lollowmg: Whereas James A. Scrymser, Allred Pell. jr., Alexander Hamilton. jr. Oliver K. King. Matuiin L. Delaticld. William F. Smith, and James M. bignes, their RSSOOUROS,SU( CCaSnSdOaIsSs,igns, persons composing the International Ocean Telegraph Company, an incorporated company chartered by the State of NewYork, are dQSHOUoBf establishing a subma rine telegraphic communication between the U.S.A and the west India islands and the Bahamas: Now, therefore.in order to facilitate the said enterprise, Be it enacted de, That. the said International Ocean Telegraph Compan. incorporated under the laws of the State of NewYork. their successors and assigns shall have the sole privilege for a period of 25 years, to lay, construct,land, maintain, and operate telegraphic or magnetic lines or cables in and over the w ers, reels, islands, shores and lands over which the U.S. have jurisdiclion, from the said U.S. to the islands of Cuba and the Bahamas.either or both, and other West India islands. Size.2. Abife: That thosaid international Occan Telegraph Company,their successors and assigns,be authorized and llfllOWClCll to import. free of duty, all material manufac ured or unmann factured. necessaryonly for the construction. laying and erection of said submarine cable or cables: Pro vidnl "Imam, That. the said International Ocean Telegraph Company,shall. at all times duiing as tato of war, give the U.S. the free use of said cable or cables.to a telegraphic operator of its own selection, to transmit any messages to and from its military. naval and diplomatic agents: and prooitled furiher, That the said International Ocean el egrnpli Company shall, within the period oi five cars from the passageof this act. cause the said nu may rine telgraphic cable or cables to be laid down, and that the said cable or cables shall be in successliil operation for the transmission of messages Within thesaid period of 5 years; otherwise, this grant to be null and void. SEC. 3. Abife:,That Congress shall have power at any time to alter or repeal the foregoing act.