Mr. CAMPBELL :
I am satisfied that the consensus of opinion of the House is strongly against the first proposed amendment. A few days ago I moved in this House that all the stocks should be placed before the Arbitration Board. I did so, as I said then, because I was firmly of the opinion that-I was going to say that there was no value in the preferred and common stocks-perhaps I might better say that the total value of the guaranteed, preferred and common stocks was somewhat less than $60,000,000, how much less I do not know. This amendment, everybody seems to be agreed, will have the effect of our stating that in the opinion of this House the total amount of the value of these stocks may be considered as being worth considerably more than $60,000,000, and I think it is wrong to give out any such impression. I am strongly opposed to that particular amendment.
Subtopic: CONSIDERATION OP AMENDMENTS MADE BY THE SENATE TO BILL FOR THE ACQUISITION OP THE SYSTEM BY THE GOVERNMENT.