Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1837-08-10
Gold and Silver Currency.

No. 5.
Let ns inquire ,iat IRE may not be deceired.
IMPORTANT INQUIRY. Why has the
administration-past and present-so ear
nesily opposed the dirisiOn cfhe land mo-
ney among The States 10 ,ehich he lands be-
long -and is IL not now their purpose TO take
The money back from the States, IF possible,
and 10 pm il again inio The hands Of the
Executive?
A SECOND AND STILL MORE IMPORTANT
INQUIRY. Has Il moi been for years, and
is It not at this moment, the settled plan of
The Administration, and lis party, 10 keep
The whoie proceeds Of the land salss-a.
mounting already up 10 the distribution, TO
about SO millions Of dollars, and erery
gear occumuiaiing-to keep IL all, although
not dollar Of il was wanted for the pub
lie service, in the hands of The Erscu-
lire and Mere,riih 10 create a Treasury
Bank i; and paper cmrency,to be receir-
ed, ,eiih specie only, Z" payment Of all du-
ties, posiages and other dues TO The Gou-
e,nmeni TO the exclusion Of erery other
currency, ho,rerer sound ; and by such
means 10 dra,U inio That engine The bulk Of
ihe gold and s,lrer In the coxniry, and 10
pat ii in The po,oer Of The Executive TO OBJ
tain an absolute control orer all Mc busi-
ness concerns and transactions Of the ma
lion orer all the operations Of industry
and enterprise and consequently orer the
people Themselves?
TIE FAcTs:
Mr.. Van Buren's Letter 10 Sherrod
Viliiams.-In answer to the two ques-
tions, whether he should approve Of the
distribution Of the surplus revenue, and
approve of the distribution Of the pro-.
ceeds Of the land sales among the States;
Mr.. Van Buren, says expressly that he
should not approve Of either and that
he approved Of Gen. Jackson's veto to
the first land bill, which had passed both
Houses Of Congress-in the popular
House by a vote Of Sc to 40. Extracts
from his letter az hope and believe that
The public roice will demand that this spe-
eies of legislation shall terminate" Sc
".30er Intellectual effort. (says Mr.. v. b.
IN BOTH HOUSES ON THE PART OF THE
GREAT MASS OF THE SUPPORTERS OF THE
GOVERNMENT, in each, 10 separate that
part Of the bill mhich prorided for the re-
gulaiion Of The deposite banks from the
sections which made a different disposition
of The surplus seren"c," &c. "ihe friends
o. The Admimist' alton yielded their support
10 The bill by great mcj"riiies." tThis
is Mr.. Van Buren's mode Of expressing
himself. He could not say in plain words
that they voted for the distribution bill,
which they did for Congress had be-.
come alarmed at the condition of ihs
Country, and their fears Of the stern dis
pleasure Of the people prevailed over
their habitual subservisncy to the Exec
utive. The Administration had fears al
so; and Gen. Jackson's fears were strong
enough to bring him to sign it against
his will, rs he says in subsequent mes
sage. But their fears were not strong
enough to induce them TO surrender the
so millions OF dollars to be divided among
the States, until after the most violent
struggles to keep il, as Mr.. v. b. ac-
knowledges above. II is well worthy Of
notice, that Mr.. Van Buren,, like Gen.
Jackson, expresses the wish that the pub
lie domain, belonging to al the States,
should be giren 10 the particular Western
States wiihin whose rsspeeiire limits Il lies.
[ [Accerding to this. whenever a number
Of adventures have bought a small por-
ton Of our public lands in one Of the Ter