p. 7

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authorized by this act as Congress in its wisdom shall see proper to grant." In pursuance of the authority thus conferred, the Canal Company drew up a memorial to Congress setting forth the merits of the canal and appointed the President of the board of directors an agent to present it to Congress and to attend in person for the purpose of securing the passage of an act in furtherance of this important measure. It will be seen by reference to the papers then before Congress that it was through the agency and exertions of the company alone, unaided by any memorial of the Legislature, without any pecuniary aid from the Territory, and without any official aid from the Territorial authorities that the said appropriation was received to the Territory; an appropriation, which by prudent management will produce to the Territory a sum not less than five hundred thousand dollars, and sufficient to insure the speedy completion of the canal, if not exhausted in useless expenditures, and if so applied in cooperation with the company as to secure public confidence in their exertions instead of being made to exert an antagonistical influence.

Having acted towards the Territory in good faith in securing the aforesaid grant of land, having advanced the necessary means and incurred the expenses, the responsibilities and we may add, the odium from certain quarters, and having been completely successful in securing by our own unaided exertions, this valuable donation for the sole benefit and use of the Territory, strictly in accordance with the terms of the act above recited, your memorialists feel that in justice they are entitled to some consideration at the hands of the Territory, for expenses so incurred and freely paid by them for the exclusive benefit of the Territory. Had we been unsuccessful in our application to Congress, the loss would have been our own; the Territory, risked nothing in our efforts, it took upon itself no responsibilities, but simply authorized

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