| Untitled Page 30L.S.[4?]
3. The Government [debt?]
"That Messrs Huntington, Hubbard and
Bretherton be appointed a committee to watch
the proceedings in Congress relating to the extension
and adjustment of the government [debt?], and
to prepare such measures as they may
think fit in relation to such matters, with
power to employ counsel, and make each
further expenditures as may be necessary
and proper."
Reason.
The substance of Senators [Fryes'?] bill
on which all proposed legislature is based
is to seize the rent now paid by the [Southern?]
to the Central in whole or in part and apply it to the Government
[debt?]. My own opinion is that we
should do better by cancelling the lease,
stopping the dividends, and letting
the Government do what they please than
by allowing the [Southern?] to become the
intermediary of the settlement: but on a
matter of such importance [?] not | Untitled Page 303. The Government [debt?]
"That Messrs Huntington, Hubbard and Bresherton be appointed a committee to [watch?] the proceedings in Congress [relating?] to the extension and adjustment of the government [debt?], and to prepare such measures as they may think fit in relation to such matters, with power to employ counsel, and make each further expenditures as may be necessary and proper."
Reason.
The [acceptance?] of Senators [?] bill on which all proposed legislature is based is to [?] the rent now paid by the [Senator?] to the Central in whole and in part and apply it to the Government [debt?]. My own opinion is that we should do better by cancelling the lease, stopping the dividends, and letting the Government do what they please than by allowing the [Southern?] to become the intermediary of the settlement: but in a matter of such importance [?] not |
EN
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