Mr. HOWE. That is nothing more than getting a private company to be surety for the capital that the Government puts into the work. If it is reprehensible to take such security, then we ought not to do it; but I did not think it. was a very unwise thing for the Congress of the U.S. to look. for some security of this kind ifwe could have it. If my friendfrom NewHampshire fies that pride in this enterprise, will insist upon stamping upon it a national character I do not much disap: prove of that policy. I think a good deal oi that myself; but I want to remind hnp that the nation has slept over the falls of Niagara a great many years, ever since it wusbom, in fact, without lifting a finger to do this work; and now it seemed to me becoming in a pru I dent legislator rather to offer to assist private. enterprise in doing '(lllS work than to drive‘ away private enterprise and insist upon mo nopolizing the wor. But if it proves asuc | cessful thing; if it proves to be a wise invest;ment of money, 2 things will happen: 1st, that it will yield great revenues, and you will get back the money you have advanced; and 2nd, that if you are dissatified with the rate. of tolls, the thing being made a success, you have only to step forward and pay the company y their disbu moments disbursements made under 'our own supervision, for you appointa part o the directors to so erintend the expend iture'of every dollar of this expenditure you have only to step forward an pay those disbursements and take the work into your own hands. Mr. President, I concur with those who have preceded me in saying that if this bill is to be recommitted at all, this is not the time to do it, for it is impossible for the committee to understand that the recommitment is to be because the Senate prefers to have the work done by the nation directly rather than by the nation acting in aid of a corporation from anything that has been said in tie course of the debate. We cannot draw any such deduction from this debate. I believe only one or 2 gentlemen have intimated that; and how many who vote to recommit would vote for it for that purpose, or because they want to delay or to defeat the enterprise itself, it is impossible for the committee to know. But when the Senate has gone through with this bill and considered its present features, then if it is thoughtfit tosubmit such a proposition, accompanied by instructions as to what the Senate wish to have done, I shall be ready to vote for or against a motion to reconiniit at that time. A recominitinent now would be useless to the Senate because it would be without any information to the committee.