The Arkansas advocate., 1833-01-02

machine which tine constitution created l and Of " lftd rawing from tbe States tisi- CT influence than that of its universal be- .ne6cence in preserving peace, affording an uniform currency, maintaining the in volatility of nontracts, ditfnsing inteiii9I gence, and dischargin Hnfrit its other Experimenting functions, recommend that provision be made to dispose Of all siochs Cor i,,, :.sst h. CT created tsy the General or State Go- vernments. and placing the proceeds in ! the Treasury. As source ofprofit, these stocks are ofhttleo no value as means of influence among tine States, they are ad-. verse to the purity of oar inss1iaitteas.-- Fhewhale principle on which they are ba- sed IS deemed by many uueonsiii tvtierssts3, and to persist in policy which they indi- cate is censideredssyholy inexpedient.
 = It Is tay duty to acduaint you wlu. ar engagements made by tire Hank pf the Uni ted States with a portion of the holders of she three percent. stock, by whici, the go- -vernment wiH be deprived of the of the public funds longerfhan was antIeipat-- 2 ed Ky this arrangement, which will be particular exp plained bytbe Secretary of the Treasury, a surrender. of the certifl- cates of this stock may be postponed until Qctober, 1893 and thus the liability of -ssthc government, after it's ability to dis charge the debt, may be continued by tfai!sssc ef ttllss hank to rerfarm is duties
 Such measures as are within the reach oftheSecretary ofthe Treasury have been taken 10 enable him 10 indgo whether the public deposits in that institution may be regarded as entirely safe but as his limited power may prove inadequate to thus object, recommend the subject to the attention of Congress, underline firm belief that 1t is worthy of their in- yesfigation. An enquiry into tbetransac- 1ions Of the institution, embracing the branches as well as the principal bank, seems allied for by tho credit which is giy- en throughout tho country te many serious charges nnpeaching it's character, and which, if trae = may justly cxcitesthe ap- preheusion, that it is no longer safe de Pository of the moaeyspf the people.
 crc@=..ss ,!.ss merit sis. eeaslde ion Of Congress, after inc nay ment of the public debt, one ofStIle most importaut in my view, is that of the pab- lie lands. Previous to the formation of our present constjtutinp, 1t was recon, mend edshy Congress that a portion 0. the waste lands owned by the States, should : be coded tn tlge United States, fort pur- pose of general harmony, and as fund to meet the expenses of tLe war The re- connendation was adopted. and at differ- cut periods of tifae tlte States of AIassachu setts, New York, Virginia. North and South Carolina and eorria grant ed their vacant soil. for. the. use of which. they had been asked. Is the lands may now be considered as relieved from tilis pledge, the object for whlehtl1ey were ceded hay Ing been aecomplished. it is in the disere- ton of Congress to dispose Of them in sllcil way as to acondnee to the quiet, harmony, and general interest of the American neo. Ple.s Tn examinIng this question, all local and ectianal feelings should be discarded and the whole United States regarded as one.people. interested alike inthe pros perity 0f taeIr common country
 itcannot be sis,i.s,i ed that the speee,v set uementof these lands constitutes the true interest of the Republic. The wealth and strength of country arc it's population aud the best part that population are the ofthe soil Independent farm CTS are every where the basis of sociefv and the true friendsof liberty.
 sihaddttion to hese consid erations at1es. f ssons have already arisen, and may e ex- ' peeted hereafter to grow out of the public : lands < w'fioh involve the rights of the new States and the powers of the General C O. sernment and unless a liberal policy be now adopted, there IS danger that those questions may speedily assume an iinpor- 1anee not now generally anticipated.- tlie lnifuence of a great ectio interest. when brought into full action, will sbe round mnre dangerous to the harmony and union of the Statcs, sti1an any other cause ofdiscontent; and itis the part of wis dom and sound policy to foresee it's an- proaciies and deaNcr ifpossible to cotln- ,eract them.
 e)i the various schemes wIiich have been hitherto pf opposed Tn regard to the disposal. of tho public lands, none has vet rec eived thescntire approximation of the National Les sglslatsre.s Deeply impressed with the inl portance of a speedy and satisfactory ar rangcment of the subject, I deem 1t my duty onsthls occasion to urge it upon yobr consluerafion, and, to thc propositions witch Aase heea re Suggested ls others, to contribute those sreflections which have occurred to me, in tho hone that they may assist you in your future de. ilberafioEs*
 II seams to me to besour true policy that the pstp lie lands sl,aiIcease as soon as snrac. s tttz,iieF to be source of reyenpe. and that they be sold to settlers in limited na F cels at price barely saiii oient 10 reim- nsrse to tltc United States the expense of me present system, and thescost arisino. und CT our Indian coinpacts. The advan. fages of accurate surveys and undeuhted t.aaesr, - 2 ag re | 0 seer, to forbid the abolition of the present. sys. tetn, oecause none can be substituted wsaich will more perfectly accomplish lhesa important ends: It is desirable. however, that Tn convenient time this aaaahinery beswithdfawn from the States. and that tlte right ofsoil and the future dis. PRstston oflt be surrende cred to the States Tespectively in wi,ichsi It lies.
 sne aaventurons and hardy population