The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1836-05-20
Letter from Judge White,
THE SURPLUS REVENUE AND ITS DIS
TRIBUTlON AMONG THE STATES.
SENATE CH.noER, April 9th, 1886.

SENATE CHAMBER, April 9th, 1880
DEAR SIR: We are progressing IN our
legislative business slowly. Many ques
tons of much interest have been, and yet
are. under consideration. The Bill TO DIS
tribute a portion ofthe ayalls OF our Public
Lands among the respective States, Us still
debated here. 1t is a subject OF increasing
interest. While We owed National Debt,
and had no more. money in the Treasury
than our reasonable wants for the common
purposes of government enabled US TO use, |
alwas felt disposed to acqulesce IN the opIn-
ion that We ought not TO distribute. Now
we find ourselves in a new an6 strange con.
diuon. On the LIST April We had IN the
Treasury S32,000,000. The quarter com.
menclng Isl January and ending SIS, March,
produced Sll 100000. Ii We suppose the
remaining three quarters TO average like
sum for each quarter, we shall have at the
end of the year S33 200, 600 more. Add this
10 the 2,U0G, 900 We now have and the
amount Is sixty five millions. Our stock IN
the Bank Of the United States We will proba-
biz receive and il is now worth seven millions
and half OF dollars. Add this to the SIX
II tive millions, aud We have an aggregate,
at the end Of the year, equal to seventy-two
millions five hundred thousand dollars. IL
may so happen that the remaining three
quarters NAV not equal the receipts OF the
L., t,fl Oft
three millions and a halt, aud we will still
have sixtv.seven millions Of dollars in the
Treasury and what can, what oug hl We 10
do with 1t
Our expenditures, for all ordinary pur-
poses, ought NOT 10 e.rceed fifteen millions Of
dollars. Suppose We take for distribution,
as the Bill proposes, twenty seven millions
these tao sums will dispose of torty.two
millions. Deduct this, and We still ..dye,
unii~posed d, twenty-five millions in the
Treasury.
This sun is more than THRICE the amount
uhich thiak can trtll be expended IN In.
crossing the Army and Nary, and building
and armng Fcrtifeations.
The question then presented IS, what
ought ge 10 DO examined this subject
with all the care IN my power, and satisfied
nv own mind that We have an undoubted
power to make the distribution, and that ire
are inperatirely called Upon 10 exercise IL.
did not feel at liberty, on subject Of 50
much importance, to give my cote without
the regions for It therefore, On Yesterday,
| declared my opinion IN favor Of the Bill,
and the reasons upon which II is founded.
should exceedingly regret difference
10 opinion on 80 important subject with
INV constituents. fiatter myself no such
difference will occur but If 1t should, feel
s. confident that, withou this distribution
trtry thing, rklch ought to BE- near ana
dear % freemen rould be p4 10 hazard
that | shall patiently wait until time and
reflection slll enable them to view the sub.
Jet 10 all It's bearings, when | am sure
they will perceive tina, had | pursued a
dlftrsm course TIE PERMANENT INTEREST,"
oF TIE COUNTRY, As WE'LL As THAT or Ny
IMMEDIATE CONSTITUENTS, WOULD HAvI
BEES MISTAKEN OR DIsREGARDED.
A II will be some time before the senti
meuls which expressed IN the Senate car
be correctly made known TO my constlil
enl.. have thought 1t due to them that by
some means my course should be lmmedl
ately communicated.
Most respectfully, your obedient servant
HI. l.. WHITE
JrDsE TaoAAs RNNEAsoS, J0nesbor9uga Team