Excerpt from Northern Pacific Railroad: Memorial of the Board of Directors, November, 1867 Application was made to Congress by the company in 1866, for aid in the form of a guaranty of interest on a limited por tion of the stock of the road, for a term of years under the belief that, with such temporary assistance, it could be con structed. This form of aid was new, and by many deemed imade quate for the purpose desired, while the more common form of bonds, which had already been adopted by the government in similar cases, had proved eminently safe and effectual. For these, and perhaps other reasons, Congress failed to grant the solicited aid. With this action we are entirely content, as we are now fully satisfied from the most careful consideration and enquiry, that, had the bill then before Congress become a law, it would not have proved successful 111 ope1 ation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.