Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1806-02-04

4 We hear, Mr.. CRUsE lalenaS open
s. Beer Houle, in Royal-itreet,
|psar the CotfeerRoom, on Wednel,
Idy lexl; where he promlies good
alexandria Beer.
zgxtrsc. Of a letter from a member OF G'a-
Il gresS
n The house of representatives OF the u.
s,,,es have now before them one Of the
mas, in,ortant bills ever proposed IN that
boa,.--ls contemplases no less sean a death
Blow 10 the present and furare public cree
\ m Of the United States, BY repeal OF the
law aushorising the receiptot present and
Eb,ure evidences of public debt, even az
I'M rates, at the land -of6ces of the Unieed
States. in exchange for the pubic lands
Epow and hereafter 10 be exposed Ter sale.
10 order fully to understand the nature
Esud .sadsncy of this bill, it is necessary 10
state, that in 1882, wnen the army OF the
EUusd States were almost in s'a'e OF
( nuuny for want of pay and necessarles,
they were told by their officers, that ecu
Ksress would make them ample amends, by
giving them portion OF the lands
Eihsy would gain at the peace rhep IN con-
Temptation, aud thar the certificates they
would receive in paymen' for their services
>On 6nal settlement, would also be recelv-
I'd a, any future period for more acres OF
4 the public lands, at price according to the
rates to be Fixed by future laws OF the GO
'sernment of the union. It was easy to
convince the soldier thar these lands, from
their vast extent and quality, would in time
become of great oalae, and be far more
than equal 70 the principal and interest OF
Eall present aud future national debts and
therefore no heavy taxes would ever be ne.
'csssay for this imPortan, object. Not
understanding these promises, there was
unfortunately, at the funding of the debts,
aehauge made, by an addition TO the ORR
kgnal and simple plan of land sinking fund
FOR The entire discharge of the public debts,
n the establishment Of cash sinking f'sd,
ana also taxes 10 the fuh aud entire amount
Nj the interest of the debt. Thus the
whole OF the original system was changed,
Ranu those certificates which were consider.
Eea as crafts or cnecks on great land.tank,
became money obligations, calling for oar
sasA Tor their extinction, as we'll as for the
o's,sst annually due thereon, till the pr;n-
s'pH nigh; be paid. This IS certainly an
unfortunate change and an act Of great IN
Jus'cs to the old soldier, who is thus taxed
= pay part of that interest which was
Sus 70 him without any such deduction,
4 Vs'sOss the public lands, so Justly appllca-
: 70 TIE payment at least OF the principal
' 0is debt, would soon be far more than
'quai 70 Its hnal extinction.
~ answer to the complaints made at the
as against these measures, the soldier
. s'Old' that II was necessary to establish
40 aO.ey sinking fund, to raise the deb, to
~, III order that those whose necessities
n.' s% require a sale and transfer of any
s., :. 'ns principal debt, might obtain a
"a ~ p'ies Tor their certificates. This serv.
,oa :" pacliy the old soldiers at the time,
4 Gsa maae them look with patience at the
\ Sad.t ps !. honesty stoekjobbiag transactions
Sol 'ne former commissioners Of the
H., a y fund, because they were informed
eOS.: = soon as the public lands wsre re-
and a,:u from the British Cthen at Detroit,
c.d,a ns n possession Of this brobs,ty, tho
and ;. He treaty Of 1888 10 the u States J
aps ~ = soon as the surveys were completed
nosioo. Indian titles extinguishsd, the OBJ.
sOuls : and Injurious cash sinking fund
&.,.n ;. &c :, repealed; for it was easy 10 see.
Dor. ~ mat time. that i, would be by far
s. q ,hs a.usan,ageous to give our vacant acres
mon 's obligations, than TO paw for them
as wy. especially to those Europeans
e.s IN , o.. aally buying the public cer,i6.
S.i an s ~; market, in exchange for spe-
@acla then and still 60 n,cb w .n,