Mr. NYE. Yes, sir, a SanFrancisco news paper, as much entitled to credit and which l866. keeps as close a lookout upon the commercial interests of that country as the Iowa papers do for the commerce of the Mississippi, and is as much to be believed. If there was nota newspaper on the earth that had uttered it, if not an individual in this Senate Chamber or anywhere else had uttered it, it is in the logic of the location itself. It is as a matter of course that this great commerce will be contended and contested for. Now, I say that this company comes here not for the purpose of cheapening their expenses, but to lay toquestion fairly before Congress, and to submit to them as agreat measure of national importance, “Is it not better for you to so alter and amend this contract as to make the most expeditious line to China from SanFrancisco '2’; l have great respect for the opinion of the Senfrom Connecticut, and great respect for the late PostMGenl, and I shall be pardoned for saying that my respect for him has increased latterly; but, sir, I will not refer this question to any PostMGenl that has been or is to be; and the PostMGenl has no more right to speak of the commercial effect of a certain transaction than any man upon this door. When any PostMGenl attempts to say that because this contract for carrying the mails does not go into effect until a year from this time, its commercial disadvantages cannot be great until that time, he asserts what a true view of the case will not sustain him in asserting. Sir, this channel of commerce is not a new one. It has been soughtfor for years. The control of this great acific commerce has awakened the en idity of all the oriental and eastern nations. this that which placed French troops in Mexico. What the French are now sustaining the empire in Mexico for is to control the cat commerce of the Pacific coast. Against t and to prevent that this company have come here, and I say, in a manly spirit, to submit this great question to Congress who are the guardians of ever interest of this great nation, and ask them whether it is not better that they shall be relieved from this portion of the contract for the purpose of making it sure that they can, not only by the character of their ships, but by the pawer and speed which they put into them, control this commerce. I do not see how this company could act more fairly. I think when the honorable Senfrom Connecticut says that it is a donation to {him of $50,000 he puts it in a very wrong I t. gNow, Mr. President, that we should keep up close, intimate commercial relations with the SandwichIslands is too palpable to need discussion. There they lie right in the middle of the great Pacific ocean, and their fertility is unsurpassed. The variety of their productions caters to every appetite in the enlight ened world. That we should seek by every means to obtain the control of the leading commercial interests of the SandwichIslands, I repeat, is too apparent to deserve a moment's discussion here. How do we propose to do this? By preventing this great company from assuming and obtaining this great mastery by lengthening its trips from 3 to 5 days? By no means. But, sir, in order to do this we propose to give this company, as a condition to the alteration of this charter, $50,000 more and have a monthly communication direct from SanFrancisco to the Sandwich Isl ands by another line. What will be its effect? I know that $50,000 is a great deal of money; and I know at the present time, after the large appropriations that have been made, that $50,000 seems considerable money. It is; but, sir, $50,000 is not much money when it is appropriated in such a way as to 've us the commercial control of these great Ilacific islands. The duties on a single cargo of goods from the SandwichIslands to SanFrancisco might be equal to this annual appropriation; at least, it would not be unfair to presume that many of their cargoes would yield half that amount of duties to our Government. this can be done in the green tree, what will be done in the dry 7 Looking ten years ahead, this appropriation of $430,000 a year will amount to $500,000. Before that time rolls around, and before the next year shall have rolled around, the customhouse at. SanFrancisco will have received more than what it will receive now under the present circumstances, more than twice $50,000,000 to pay this government for its encouravement of this great commercial enterprise. that only that, but it will be evidence to the world that America is goingto control the commerce of the Pacific ocean. Sir, it is ours to control, and I submit, with great difiidence and deference to the opinions expressed by the honorable Senfrom Connecticut an the honorable Senfrom Iowa, that it is a matter of rent national economy that we should contro it, and that we can at this juncture is as certain as that the sun rolls its rounds. Now, the question submitted to this Congress is, will we grasp this prize that is within our reach? Will we seize this commercial power while it stands at our door to be seized, or shall we do with it, as I suggested the other day, as we have done with our Atlantic commerce reduce it to that extent that today our mails are carried to Liverpool by British ships? England, wiser than America in this respect, has well earned the name of being the commercial mistress of the seas. England's flu" is the master of the sea. It is time now, an the opportunity is presented when we can seize that ag and make it our own. The honorable Senfrom Maine the other day said that these Pacific coast gentlemen were very liberal in their votes and their up reprintions. Sir, the Pacific coast, as a poop e and I presume they will not.feel hurt by my alluding to it are a.pretty liberal people. They have been the sturdiest adventurers upon this conti nent. They have made that distant country bud and blossom like the rose, and magic like have their commercial ports sprung up upon that heretofore unpeopled occau coast. They have battled the daners of the mountainsand the valleys, and they have conquered them all. They have hewn the mountain side and have filled up the valleys; and today, through their enter rise, the whistle of the locomotive is hear upon the dizzy heights of the Sierras. They are an enterprising people; but their greatest boast, after all, is that they are a part of the people of this great Government, warmly interested in its success. Standing every day where the look out upon this vast and inviting ocean an seeing the coming wealth to be acquired from its trade in future years, they come here to their parent Government, to which they are warmly gttached, and ask, as is no more than their us, that these great enter prises, if they commend themselves to the judgment of the Congress of this nation, shall be heard, without reproach being cast upon their representatives. Mr. President, I do not feel like prophesying; it would not become me to do so; but I am satisfied of one thing. that the true atti tude to be assumed by Congress on this question is to yield every possible encourn ement to control the great interests of the Pacific. Sir, that Pacific coast woke from along slumber when our armies drove the Castiliaus out. Where their Iarge league farms were once seen are now seen villafles thickly studded with the happy abodes of? Union loving men. The whole coast bespeaks the character of its inhabitants. I submit to the Senfrom Connecticut whether he would not rather give $50,000 more, although our expenses are great and our appropriations large, if he was sure that in the uture it would give you back the proud privilege of gathering the commerce of those great nations of the East; and this is their natural avenue out if we can control it. I have no feeling particularly in regard to this subject. I have no local feelings. I speak here today as a citizen of this Republic when I assert that I believe it to be the true interest of this Government, or any other that desires to be great, to be greater in her commerce than any other nation. The facilities we have; the opportunity is now presented: and it is a question which is submitted to the sound judgment of the American Congress whether they will improve it or not.