Mr. DELANO. Iwill give them. You say it will be paid by the proceeds of lands sold and the income of the road. When you obtained the grant for these lands you said you would never ask for an appropriation of money. In less than 2 years the company is here asking for $68,000,000. I know how Governments are plundered. The entering wedge is in, and then Congress is asked for more; the demand for more is persistently made, inside and outside of Congress, until it is granted and my opinion is now, that if you violate the Original contract and let the parties in upon the preSent application, you will never get any of the money back, but will lose it all. That is why I propose to keep my hand out of this tra, and w yI desire this House to keep the nation 8 foot out of it also. I sincerely believe that the result will be the complete loss of this money. These men will take this stock and go into the market with it, go to eastern capitalists, men whose vaults roan with idle capital, and sell the stock at a discount. If they do it at the rate of 50%., what of it? It will pay an interest to the urchnser of 12%. on the money pai for it, and they have laud enough left to make the stock valuable independent of this, as I have shown you already, by the grant and if they have anyingenuity by the issue of this stock, or upon the supposition that the government Wlll issue it, they can employ any quantity of lobbyists by oliering to sell it at a moderate discount. Sir, what right have we now in the present position of the country to lay hold on the Treasury and subject the people to the danger of this additional taxation You tell me, however, that the road is necessary and that if we do not build it Canada will. eir, ifyour grant is worth anything in comparison to our estimate of it, or what it is estimated at, there are capitalists that are desirous to take and complete the road, and what you ask for now is only another needless donation to men who do not merit and do not. deserve it, and to whom it is not necessary O offer it in order to secure the construction of the roadv I make the point here that if they have $32,000 per mile in land when the land is estimated atgl 251macre, they have money enough now to build the road; and if they cannot but d it with that they are not the properparties to go on, and there is no reason why this government should he asked to make this additional donation. Mr. Speaker, I know very well that there are reasons why these consi crations should be expressed. Our nation now groans with the weight of public debt and necessar taxation, and our credit must be maintaine. I know that there are now floating claims against this nation not less in amount than according to my estimate; ani4, 0th0eos, eo00cl, a0i0mos, if admitted at all, will never be settled with less than $2,000,000,000. I do not believe they will be settled for that, The great privatg losses of only loyal men sustained during this war for the nations life will be pressed, and pressed and pressed upon this nation; and, sir, by and by, in some form or other, when we have reconstructed the Government, when all the States shall move again in their accustomed spheres in harmony with each other, when we are again a united people, not only by law, but in heart, then the time will come when this country must decide what shall be done for such claimants, and we must, in order to act prudently, husband our resources as an n right man would who was resolved to be just before he was generous, and to pay his debts before he made a settlement upon his children, or an endowment upon his wife. You must husband our resources now for the financial trial that is before you. Do not let the world see you goin into the gigantic schemes of plunder for the benefit of corporations, thereby shaking our credit before the nations of the world. usband your resources and proceed with canvtion, deliberation, and frugality. I know, sir, that we all by nature and education admire the grand, the beautiful, and the sublime. We look out upon the thunder storm and we behold the majesty and power of the Almighty with pleasure and interest. We stand before the great cataract of Niagara and behold the wondrous workings of the divine power in awe; and it seems to me that from this love of the great and sublime, when in this Hall of Representatives, as we look upon schemes of public plunder, the larger, the more magnificent the more sublime they are, the more are we likely to fall into their support. It is time that we should fall back to a more sensible and rational view of things.