Mr. G THltIE. I am opposed to this bill and to all this system of legislating so as to create corporations by the national Government, or to extend the rights of corporations created by the States. It interferes with existing corporations in the land, whether they be railroads or whether they be canals or corporations established for any other mode of conveyance or transit. I do not think under this system of government we have any business with such legislation in Congress. The avowed object here is to give the company named in this bill the advantage of the national Government and of a national charter against existing corporations in which it is said there have been some 40 or 50 millions of capital invested during the last 20 years. Sir, we have an immense system of telegraphing throughout the U.S., which is vastly convenient to the citizens. Now, the object of this bill is to break down that whole fabric by creatin a counter corpo ration, with the favor of the U.S., extending to all the States of the Union. Let this company in NewYork, if it is so rich and so powerful as it is claimed to be, build its line of telegraph and enter into competition in the States, and let us give them no sanction by Congress. Let us not interfere with the enterprise and capital of the people and the arrangements which the States have made for transmitting information. Ifthis system of legislation is tolerated, we shall be here engage in granting charters to interfere with the private rights that are gran ted by the States, an to breagk down the profits of the large amount of capital that has been invested in telegraph lines, in railroads, and perhaps in canals, and after awhile in bridges. We cannot tell where this thing is to end. I think this Government has quite enough to do to manage the national affnirs, without interfering With the internal affairs of the States, which belong properly to State jurisdiction and State reguation. I am opposed to this whole measure. fdo not think the time has come for the General Government to embark in the business of tel egraphing. I agree with the PostMGenl on that point. We have not transacted the business committed to us in such a very economical way as to make it desirable that, before we get out of debt, we should try our hand upon these new enterprises and new undertakings. I shall vote for the amendment of the Senfrom Iowa, but I shall vote against the whole measure.