Show I itiltusiilp Unlluiiy WAsutsaToV JTho benato Committee Com-mittee on Commerce to day voted lo make a fa > orablo report on tho new Atlantic and ncitlo bhip Hallway bill as n substitute for the original ship bill Lads nnd such oUerA ns may bo associated with him I are incorporated with the title of rl 10 Atlantic LId cllliitlo Ship tailway Company with tho power to issue capital Block and bonds not to cx ccItt in lbs aggregate 100 000000 This United States obligates itself to pay the mpany for n period of five ears after the Bhip railway shall hnvo been completed DIIIl tested and sums of money required to make two thirds of the venues of said company amount inually to this sum of 31X10000 1 provided Ohs total liability i of the Government shall liu no coos exceed the sum rv 7COO000 fho obligation of tho United Males shall not attach until the railway shall have trans ported in the presence of a board of en iincers appointed by tho President of ho United States n loaded vessel weigh tog with her load not less than 8000 lOlls at nn average speed of not loss than six miles per hour and plugs her In lbs harbor nt tho other side of the Isthmus without injury to tho vessel At the end of ono year thereafter tho road is to ho in condition to transport cssels weigh log with their cargoes not exceeding 7000 tons and tho guaranty of the United States shall continue ns long ns Iho railway is kept In such repair as to admit tho transporta tion of vessels not exceeding tho weight named |