The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1839-08-03
From The ". Y. Times.

GOVERNMENT LAND SPECTATORS
Butler, Wright, Kendall, Cros,reH, John Van Buren,,
DAYS since, furnished the names OF few Of the
principal stockholders in the mammoth " American
Land Company" The Evening Journal has added to
our catalogue the Of the Presidents son, John
Van Buren,, There good reason TO suppose that the
name OF KENDALL, the Postmaster General belongs
also to this goodly company Of spectators. He was
questioned, before Committee Of Congress, in rea-
ton this company and the interes. he had in it
/ His friend ABIJaH MANN, member of the Com
mttee, objected to the question and 1t excluded by
party majority Of the committee The object Of the
question to show thatto Kendall had been allotted
some FIFTY THOUSAND DOLLARS OF the stock
Of this company to be paid for by him in money,
hut 10 be a compensation 10 Mr.. KendaH for his IN
| FLUENCE!
| We we'll imagine that, being member Of the
cabinet Mr. Kendall could in conjunction with Attor-
ney General Butler, exert an influence in bringing
tain lands market, at certain Hmes that would be
well worth to the company fifty thousand dollars Of
| stock.
A company with such an enormous capital, and
engaged in the purchase Of millions upon millions of
acres Of land in every aud territory where govern
ment offered land for sale, could well afIofd fin thou
sand dollars for Kendalrs influence.
| We commend this catalogue Of worthless to those
who constantly crying out against associated
ioeaLh' "sninding nonopoiics," chartered frauds
and "rdg barons." ..,
without quoting from the democratic Review" what
is there said Of them and their operations in 1896
"PUBI.IC OFFICERS also loaned out the funds
in their possession, or employed them in their own
spccuiahons" 1.-The
PUBLIC OFFICERS had their own pricdte fortunes,
the fortunes Of their securities and, in like manner,
the fortunate results Of the spccuiaons in which they
or their borrowers had engaged, ard
there no law prohibiting them from using the
public funds they followed the example that had been
set them and along with all the rest OF the world
plunged into every kind Of specuaiion Democratic
Reriep, roi. s, No. II, P. 500.
"The nloneyed oligareay would not have been la
boring in their vocation, had they consulted the
common weal-the permanent, solid good of all the
people, in the measures they adopted. Their object
to get the PUBLIC LANDS IN exchange for their pa
pc1-to simulate speculaiion-drve commerce be-
yondits wants and its means-o intoxicate the peo-
pie with the idea of boundless prospe rity-to make
them reckless and exravagant. A.
most The entire public domain, amounting 10 TOWN
SHIPS, DUKEDOMS and principalilies, jeH into
their hands" p. 506.
Can there be m,re perfec, description than this
| Of the American Land Company" composed as il
is Of the highest public o6cers Bank Presidents and
Directors monopoizizing almost all the public lands
of The Union, and establishing for the stock
holder a township" and tor the higher grade of
neral and Postmaster General, DCKEDoMs; y and
principalties for the princes Of the blood.
From The Albany EpcainS Journal.
The American Land Company was formed in 1885,
Il overshadowed the Republic Such combination
Of wealth and power had before existed among
u.s. The highest officers in the General and State
Governments were stockholders IN this gigantic
Monopoly. The Articles of Association were drawn
/ up by the Attorney General of the United States,
who was himself siockholder, and whose brother
was the President It's Agents were sent abroad
through the new States and Territories to monopo.
lie all the valuable Public Lpnds The Land
Offices were subsidized. The Surplus Revenue,
then in the Pet Banks, at the service Of these
Spectators Millions Of dollars we're invested in
Michigan, Illinois, Wisconsin, Mississippi, &C.
The Stockholders in this overgrown monopoly
were selected from the men in power Vast politi.
cal and pecunary influences were combined. Stand
ing al the head Of the Albany Stockholders, were
MeSsrs CroSwell and Burt editors and proprietors
of the State Paper. Then came John Van Barren
the son the President of the United States Silas
Wright, jr. 4 Senator in Congress, through whose
influence the deposes were placed within the reach
of Spectators" was Stakeholder in the mono
policing American Land Company.
And yet these very men have filed the country
with their croakings against Speculation The
Argus, whose editors are up TO their eyes in land
specuationS, denounced and slandered Gov SEWARD
as the Spectators candidate for Governor" Sias
Wright who rails so vehemently against "monopo-
lies" is himself stockholder in this huge mono
| poly