Mr. RANDALL, of Pennsylvania. that the substitute may be read. The substitute was read at length. The 1st section provides that the time limited by the 4th section of an act entitled “Anact making a grant of alternate sections of the public lands to the State of Michigan to aid in the construction of certain railroads in said State, and for other pnr oses, ” approved June 3, 1856, for the comlbtion of the railroad from Amboy, by Hillsda e and Lansing, to some point on or near Traverse bay shall be, and is hereby, extended for the period of 7 years from and after the 8d day of June, 1866; and that said grant shall continue and remain in full force and effect for and during that period as if it had been so provided in saiii 4th section of said not of June 3, 1856; provided that the Amboy, Lansing, and Traverse Bay Railroad Company, a corporation organized under the laws of the State of Michigan, shall forfeit all right to said grant, or any part thereof, which it may now ave, or which may hereafter be conferred upon it by the Legislature of the State of Michigan, if and whenever the said company shall fail, in whole Orin part, fully and completely to perform any of the tollowing conditions, that is to say: 1. To clear, grub, and grade 20 consecutive miles of the road bed of said road between Owasso and Saginaw City, so that the same shall be in readiness for the ties and iron by the 1st day of January, 1867. 2. To fully complete the said road from Owasso to Saginaw City, so that the same shall be in readiness for the running of trains by the 1st day of November, 1867. 3. To fully complete in like manner 20 miles of said road in each and every year after the said lst day of November, 1867, and to fully complete the entire road by the time limited by this net. And it is further provided that in case of the failure of the said Amboy, Lansing, and Traverse Bay Railroad company to perform any of the above conditions by the respective times limited therefor, the Legislature of the State of Michigan may, atits 1st session after any such failure, confer the said grant upon some other railroad corporation or corporations, upon such terms and conditions as the Legislature may see fit to prescribe, to carry out the purposes of the said not of June 3, 1856; and when so conferred such corporation or corporations shall be entitled to have and enjoy all of the said grant which shall not then have been lawfully disposed of, to the same extent and in the same manner and for the same purposes as if.the same had been origi nally conerred upon such corporation or corporations. Any such authorized corporation or corporations now organized or hereafter to be organized, upon which said grant may be so conferred, in whole or in part, may receive the same without prejudice to any land grant or other rights or franchises previously acquired. But in no case shall such corporation or corporations be entitled to receive more than ten sectidns oflaud to the mile for that portion of said road which may be consolidated in accordance with the provisions of this act. I ask for the reversion to the U.S. of the It is further provided, that if the Legislature shall in any such case of failure so confer said grant as before provided, the said lands, or so much thereof as shall then remain not law fully disposed of, shall be subject to the disposal and future control of the Legislature, as provided in section 3 of the act of June 8, 1856, until the expiration of the time limited by this act; but in case the Legislature shall in such case fail to confer the grant, then the land shall revert to the U.S. The 2nd section provides that the Flint and Pere Marquette Itailrond Company may change the western terminus of its road to some point on Lake Michigan at or south of Grand Traverse bay, and any railroad corpo rations having a right to the respective land grants specified in the act of June 3, 1856, ! located in the lower peninsula of the State of Michigan, may unite and contract with each other or with any other railroad corporation or corporations for the construction and operation of a single line of road for any portion of their routes, without prejudice to any land grants or other rights or franchises previously acquired; and any and all such corporations are authorized to change the location of the lines of the ir road, so far as inny be necessary for the purpose of such consolidation, but not so as to change their respective termini otherwise than is authorized by this act. And when ever any change of terminus or location of line is made, as provided for in this act. the corpo ration or corporations making such change shall file in the GLO new maps definitely showing such change and the new line of road adopted; provided, that the roadmentioned in the 1st section of this act shall run on the west side of Saginaw river, and that the principal depot shall be located in the northern portion of the platof Saginaw City, so as best to accommodate the cities of Saginaw and East Saginaw. The 3rd section provides that all lands granted by the act of June 3, 1856, to aid in the construction of the railroad described in the 1st section of this act shall be disposed of only in the following manner: when the Governor of the State of Michigan shall cer tify to the SecyInterior that ten or more consecutive miles of said road have been completed in a good and substantial manner, as a 1st class road, stating definitely the commencement and termination of each completed portion of said road, and the corporation or corporations so entitled to lands on account thereof, the SecyInterior shall cause patents for lands for such completed portion 0 said road to be issued to said corporation or our orations, provided that none of said lands shall be acquired or so patented for any portion of said read so completed south of the intersection of said read with the Detroit and Milwaukee railway until the whole of said road north of said intersection shall have been completed, and the lands therefor pat ented; and provided further, that the roadmentioned in the 1st section of this act shall be and remain apublic highway for the use of the Government of the U.S., and shall transport free of toll or other charges all property, troops, and munitions of war belonging to the same. The 4th section provides for the repeal of all acts and parts of acts inconsistent with the provisions of this act.