Mr. SHERMAN. I have already stated that. If the Senator will listen, he will find that I am correct in my statement. The 1st road, the Union Pacific railroad, was to be built by a at of bonds to the road directly, amounting 1nthe a gregate to $98,000,000, while the other railroad was to be built by a at of lands. There is an entirely different frame work for the 2 bills. One is an ordinary railroad grant; but the grant was given 40 miles wide, running through the whole country along our northern border. The grant to the orthern Pacific railroad is larger than the States of Ohio and Indiana combined. it is as large as NewEngland. If I have figured it up correctly, and I believe I have the precise quan tity, it is 47 million acres of the public lands a larger grant of land than has ever been given to any corporation in this country, or that was ever conceived to be given to any corporation, lying along a region that is fer tile; according to the' gentlemen who are en road, are on of and that is immense y valuable, and when they reach the Pacific coast in a climate that is very agreeable indeed. At the time the bill was passed, the gentlemen who were engagedin it said that they would build up this me. as they went along with this increased grant of land, that they asked no money from the government of the U.S.; and that stipulation was put in the body of the act in the nature of a condition reeedent, upon which the grant was given. fwill read that provision: “Provided further. That no money shall be drawn from the Treasury of the U.S.to aid in the construction of the said Northern Pacific railroad." Here were the 2 laws; here were the 2 railroads, one with a large grant of land, without any Government directors, to be managed by private ente rise, framed upon the ordinary basis of 9. Ian grant road; and the other a Government road, to be aided by Government bonds, with Government directors, with governmentagents, with Government commission ers, and the whole managed and controlled by the Government, and within the power at the Government at any moment; the one with an express stipulation that no money should be granted the other with an express grant of money, and postponing the payment of the grant to a prior mortgage by e railroad company. These are the 2 laws; the map shows very clearly that the one railroad must creep along the northern boundary of this country. It must be, accordin to the terms of the bill, north of the 45th degree of latitude; and if Senators will look at the map they will see from the course of the streams, from the course of the surveys, without any engineering at all, that it must go up as high as the 48th degree of latitude; and, accordin to the surveys in the book which my frien from Michigan has before him, it is admit ted that this road will lie between the 47th and 48th latitude, and occasionally probabl crouinithe Canada line.