Mr. CHANDLER. I move that the Senate insist upon its amendments disagreed to by the House, agree to the conference asked for on the disagreeing votes of the 2 Houses, and that the committee of conference on the part of the Senate be appointed by the Presicut protempera. The motion was agreed to; and Messrs. CHANDLER, Moanint, and Blunts were appointed the conferees on the part of the ‘euate. AMBOY AND TRAVERSE DAY RAILROAD. On motion of Mr. CHANDLER, the senate proceeded to consider the amendment of the HoRep to the bill (S.No.243) to extend the time for the reversion to the U.S. of the lands granted by Congress to aid in the construction of a railroad from Amboy, by Hillsdale and Lansing, to some point on or near Traverse ha, in the State of Michigan, and for the cometion of said road. The amendment of the house was to strike out all of the bill after the enacting clause and to insert the followmg as a substitute: That the time limited b the 4th section of an not entitled "An not ining a grant of nlterpate sectionsof the public lands to the'Stal cof Michigan to aid in the construction of certainrailroads in said State, and for other purposes". approv'odJuno 3. 1866'f or the completiono! the railroad fromAmboy, l d Lansing. to somepoint on or near b kv‘bliiggabiiylinshbael, land hereby is, revived and extendedfor the periodof 7 yearsfrom and after thelld day of June. 18: and that said grant shall edounritningue and remain in full forceand effectfor and that periodas if it had been so provided in said 4th section of sai act of June 3. 1856: provided.That the Ainboy, ansiniz and Traverse Bay Railroad Company, acorporation organizedunderthe laws of the State of Michigan shall forfeit all right to said grant or any part thereof, which it maynow have or which may hereafter be conferredupon it by the Legislature of the State of Michigan. if and ’wheucver.the said companyshall fail. in whole or in art.fully and completelyto performany of the fol owing conditions. that is to say: 1st.To clear, rub and grade 20 consecutivemilesof the rebed of said read betweenOivasso eudSaginawCity. so itrhoant tbhye same shall be in readiness for the ties and the 1stday of February.1867. 2d. To fully coiupletosaid read from Owassoto Saginaw City so that the same shall bein readinessfor the running of trains by the 1st day of November.1867.3d. To fulllT complete in like manner 20 miles of said re in eachand every‘ycarafter the said 15!.dayof November.18 T, and to ally completetheentire road by the time limited by this act: And providedfur ther.That in caseof failure of said Ainbey. Lansing, and TraverseBay Railroad Companyto performany of the aboveconditions by the respectivetimed“!!! ited therefor.the Legislature of the state of lilichi gan may. at its 1st session after any such failure. confer the said grant upon someother railroad gor porationor corporations, upon such termsand conditions as the Legislature may see fit to carry out the purposesof the said set of unc 3.1S3ti, and whenso conerredsuch corporation or corporations shall be entitled to have andenjoy all of thesaid zrantwhich shall not then have been lawfully disposedof. to the same extent and in the same manner and for the some purposesas if the some had been originally conferred upon such corporation or oorporattons. And any sue railroad corporation or corporations, whether new organizedor icrcafter to be organized. ourpoinnpwahrtic, hmsaayidregcreainvtemaybesoconferred. inwhole the same withent preiudiceto any landgrantqr otherrightsor franchisespreviously required. But in no caseshall such corporation or corporations be entitled to receive more than ten sections of land to themile for that portion of said road which may be consolidatedin accordance With tifhethperoLveigsiisolnastuorfethsihsanlloitn: Abife: That failure so confer said grant as aboveprovided.the said lands or so much thereof as shall then reiuiiiii not lawfully disposedof shall be subject to the disposaland futprecontrol of said Legislature. as provided in section 3 of said act of June 3.1856.uutilthe expiration of the time limited by this act; but in case the said Legislature shall in such casefail to confertheizrant. then the said lands shall revert to the U.S. SEC.2. Abife: That the Flint and Pere Marquette Railroad Companymaychange the western terminus of its road to some point on Lake Michigan at or south of Grand Traverse bay and any railroad corporations haviii a right to the respective land grants specified in t ic said not of June 3.1756.located in the lower peninsula of the State of Michigan. mayunite and contraet with each other or with any other railroad corporation or corporations for the construction and o oration of a 's1ipgeoultinpereojfudroicaedtofoarnaynlaynpdo grtriaennt'soortohtchirerroriutheiss or franchises previously acquired. And anyan all such corporations are hereby authorized to change the location of their lines ofroad so far as may beneces ary for the purpose ofsuch consolidation.but notso noto changetheir respective termini otherwisethan is authorisedb this act. And wheneverany change ofterminus or ocation of line is made as provided for in this act, the corporation or corporationsmakingsueh change shall tile in the GLO new maps do nitely showin such change and the new line of road adopted: rOvitled, That the roadmentionedin the 1st section of this act shall run on the westside of Saginawriver, and that the p principal depotshall be locatedin the northern portion of the plat of Sagipaw City. so as bestto accommodate the citiesof Saizinawand East Saginaw. SEC.3. Abife: That the lands granted by the said act of June 3. 1856.to aid in the construction of the railroad describedin the 1st section of this act shall bedisposedof only in the following manner. that is to say.when the governor of the State of Michigan shall certifyto the SecyInterior that ten or more consecutivemiles of said read have been completed in a good andsubstantial manner. as a 1st class railroad. stating definitely the commencement and termination of each completed pprtion of said read, and the corporation or corporations so entitled to lands on account thereof, the SecyInterior shall causepatentsfor lands for suph completedportion of said read t o be ssuedto said COFXOI‘GHIOD or corporations: Provided. That noneof am lands shall beaequiredor so put entedfor any portion of said read so completed south of the intersection of said read with the Den cit and Milwaukee railway until the wholeof said read north of said intersection shall have beencompleted and the land therefor patented as aforesaid: And provided further. That the roadmentionedin theiii st section of this act shall be and remain a public high way for the use of the Government. of the U.S and shall transport free from to lol r other charges all property.troops and munitions of war belonging to the same. Sec. 4. Abife: That all laws and parts ot'laws inconsistentwith the provisionsof this act are herebyrepealed.