Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-01-26

with ,nv foreirn power IN which event from the com
mencemenl OF hosuiiles' 'h' "
longer in force. , r ,Cor a., ar,
These arc The sections Of The act OF looo-We aI'
b;cb snnk before the firm resolve OF fIesueht 'deA
w. .rrk before his resolve for it died under his known
;n in rss,ect To it, and without having reached ms
I'D !, was the copy OF the one which he had rea'heo'
md which he had returned with his objections IL was
ow, N he useless 10 send ii to him unless heIe was
MATURITY OF two:lhiIds for il in each House Such ma
49,: conId not be concjliated and the bill. after hccom'
mo an act Of the Senate, died out IN the House 81
and was succeeded BY an"lhet ac' W '
Senate accomplished part of its purpose; nanty, ''e
bill 10 distribute, under the name OF oePosi'e, 'o 90
millions of public moneys among The states '"'' N
ter became law it was only about one nan te "Ag
tude of its predecessor and progenor The I'VE years ~
revenue distribution bill 1t was only han Tue NO."
tude OF that BILL but the one-ha oil II, eVeh "us 'S"
to crush the great deposite banks ,L
| wus Of few who "pPHsco all ''''e " 49,,
bills and especially opposed the ore rom ",.'"
sections have Just been read, and Tor Inc 'oS' " I
General Jackson has been SO incnn'inehuy u'"'''U
this floor, and for the want OF when 80 inny "
have been asserted u have arisen J'in ISSUE "p'"
these assertions Lrnounc, THIS ball no" as did Wien
il was on lis passage, bill that w"u'o nave 'dhp
ed the depose banks and bankruped The treasury a"u
loid The Governmcnt under the necessity oil Ir'iVihg
the tariff or borrowing money 10 deifay Is"u'y H"'
ly md current expenses These were my GecIhIauohS
then when The bill on lis passage IN May i0"o' a''
depressed myself with such eatnestnrss WIN 'esPec W
dancer
of the Senate and friend present snggesteu 'a'
they wond alarm the country if published as delVeec
and in consequence, the speech was out pafhay anu
imperfeclly reported The bill died ~ The House 81 lie
prese II never became law; was salsneo ana
should ne yer Ina troubled the Senate and the country
with revival of the suki~cl, had II not been now reviV
ed hy author Of the bull f"rthe purpose "f aibuing
to il vast merit and f the purpose ol reterahg up""
General jackson oflrepeaifd denuncia'ion' me
dpIunc bill is resusctated by liz anihW-resuscatrn
lair mi q measure
the country and TO excite our resentment asahS Urn
era Jackson the destroyer OF SO hne Heasure Ne
yiyed resuscated, dug up from ills grave IN ms man
ner and Tor these purposes, 1t becomes Irgiuhnle
subject for parliamentary animadverson; ana mean
to advert upon freely, closely, and truly mat inc
country may not only see what IT IS they are cau up"
to regret and to censure General Jacdsoh Tor
bu also 10 enable all men who are oil "S"uhd mana ana
mtmorv" to indge for themselves what this country
would come to if lis dPsiines were in The hands "i The
friends and supporters OF surh a 6E
| now address myself TO the candor and intelligence
Of all pa lies in this chamber and out OF H. and invoke
their attention and the decision of their minds on the
case which will be presented The bill, in its iird sec
ton provides first for the distribution nt the money winch
had been received from the sales oi the puh'ic lands
for the three preceding years and which money had
already in the great part been expended BY the Govern
menti II ordered the amounts received from The ands
in the years 1888 81 and @ to he divided out; the d.
vision to commence the first day OF July next ensu'
ing and TO be accomplished in four instruments, at nine
" DAYS apart. This clause OF the hIl ana le
amount on which it would have operated was S23,'
5S2 SS2-,hat is TO say. the sum Of S39G1,6s2 for
1888 the sum of 81 S57 900 for 1884; and He sum
of Sl4757 AGO for 1885 This would haze made
the sum of nearly six millions in round numbers,
PAYABLE out Of the Treasury at intervals of ninety days
to wit, on the frs, days Of July, October, Janu-
sry end April. The whole sum OF twenty three mil
lions and half would have been payable in the short
space of about nine months and that in addition 10 thr
ty.one millions which would b" required for the service
of the Government during the same year. So much tor
one branch Of the distribution clause The second branch
of ordered the proceeds OF the land sales for the year
1896 and 1887 be also divided out. bot 10y hall yearly
instead Of quarterly, The first payment was t"
be mnde on the first of July ensuing being thu same day
on which the quarterly payments hrgan the second was
10 be made IN he first of January, 1897 being the
da- on which the third quarterly payment became due;
the third half payment To b made on the fist ni
july 1887 and the fourth the first Of January, ISIS
Now what is the amount which tins second branch OF
tt. distribution clause would have diverted from the
TREASURY and in what time? Sir, the amount wnuld
have been S3l 65S $50 and the time would have been
eighteen months Such would have been the amour,
payable in tha, short time; for thu sales Of the lands IN
1886 were S2i ,I79 and for 1887 they were 81 176,
236 and this IN addition 10 the required for the
vice of the Government in 1887 which thirty nine
millions of dollars The whole amount which would
have been required for distribution between the first OF
Juy 1886 and the first uf January, lc:S would have
been S55 1856 $780, and the services "t the Government
for the time would have required Just about as much
more table Of dates and will show the amount
and distribution Of these enormous calls for money: