Mr. TRUMBULL. Accoring to the Senfrom Michigan this appropriation is necessary to improve the great Mississipi river. I wonder if it is on the great Mississippi river that the Senfrom Missouri is going to raise the cotton from which he is 'going to get 11 millions in taxes. How do these arguments hang together? The Senfrom Mich i an supports the measure in order to improve the navigation of the river. If on have a right to dredge it out, he says you have a right to embank it and to protect it; it is a great matter like canaling around the falls of Niagara; and he supports it on commercial grounds. The Senfrom Missouri supports it because he is going to raise products from which he will in taxes derive $11,000,000 next year. I suppose that the cotton and sugar that shall grow there on the waters of the Mississippi river would produce a vast crop if a revenue to be derived from which is to amount to $11,000000. The Senfrom Missmri has detained the Senate some time with the tig ures. Now, there has been disclosed to us by the Senfrom Missouri one of the finest operations that I think has ever been discov ered in an country. There is nothing like it in the gol regions of Nevada and California or in the oil country. No investment that ever heard of would be equal to the investment of a $1,500,000, according to the high authority of the Senfrom Missouri, in building an embankment on the Mississippi river. He says that the additional product that will be raised in that country next year, in a single year, would be so rest that the Government, which does not ta e a 10th of the value, Wlll receive 11 millions. I believe the tax on cotton is only. 3 cents a pound, which is not more than one 10th of its value, and the tax on sugar is a cent a pound, about one 10th. Then if we get 11 millions in taxes, the product itself would be worth $110,000,000; and an investment of onlya million and a halfis necessary to realize that. Did my friendfrom Nevada ever know of any investments like that in his country? Quit your gold mining, come over here, and enter into this arranccment. If the Senfrom Missouri has full faith in his figures that 110 millions will be realized from an investment of a million and a half, why should the Government touch the thing? wh not leave it to private capitalists? If I hailany money I should be very glad to invest in an enterprise of this kind if my faith was e milto that of the Senfrom Missouri. I have heard of no enterprise in oildom or in the gold regions to equal this. 110 millions in a single year from an in vestment of only $1,500,000l