Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1840-03-02
XVIII CONGRESS.
FIRST SESSION.
MONDAY, Feb. u,

esolufiono in favor OF distribution oflhe proceeds
of the public lands among the states Mr. Cal
houn assaled the Legislature of X. j. Tor misrep.
resen,ing, us he said, his bill. Mr.. Dixon replied
the legislature designed to express only general
views upon the subject and no injustice had been
done to Mr. Calhoun or his hill. Mr.. Clay OF Ky.
said he thought the resolutions described Mr..
CaIhoun's bill with tolerable accuracy: that bill
(Mr. Calhoun's) proposed to cedo one hdlf OF the
sales of the lands to the States in which they lie,
aud 10 make them the collectors ofthe whole and
he believed the result would be, that the new
states would sell the lands and pocket the whole
of the money. Mr.. Calhoun here struck oil imo
personal debate with Mr. Clay, and again came
of, as has been usual this session, second best
Bentons salt documents were next discussed, and
on this occasion the eXpunger and the NullIher
came in contact. \ sufficient number OF docn-
ments TO supply the Senate were ordered to be
printed.
House. The Cumberland Road further discus.
sed.
The following message was received from the
President:
To The fIjuSe Of Ret,,s,nidtircs:
submit to Congress a communication from lhe
Secretary of the Treasury, repeating suggestions
contained in his annual report, in regard to the ne
cessity of an early provision by law tor the proec,
ton of the Treasury against The fluctuations and
contingencies to which its receipts are exposed
with additional facts and reasons in favor OF the
proprety Il the legislation then desired.
The application assumes that although the
means ofthe Treasury for the Whole year may he
equal to the expenditures Of the year, the Depart
ment may, Notwithstanding, be rendered unable to
ri maj ut
due. This apprehension arises partly from the
circumstance that the largest proportion OF the
charges upon the Treasury, including the payment
of pensions, and the redemption ofTreasury notes.
fall due in the early part of this year, VIZ: IN the
months of March and May, while the resources
on which it might otherwise rely, to discharge
them, cannot be made available until the Inst half
of The year. and partly from the fact that por-
lion of the means OF the Treasury consists ofdeh
due from banks, for some Of which delay has al
rendy been asked, and which may not be punclu-
ally paid.
Considering the injurious consequences to the
character, credit, and business of the country,
which would result from a failure hy the Govern
ment for even SO short period, to meet It's en-
gagements that the happening OF such contlh-
gency can only be eflecually guarded against by
the exercise Of legislative authority That the pc
Rod when such disability must arise ii ut MI, AM
which, at the commencement of the session, was
comparatively remote has now approached so
as few days, and that the provision asked
for is only intended TO enable the Executive to iL
fl existing Obligations, and chiefly by anticipating
funds yet due, without making any additions 10
the public burdens, ] have deemed The subject Of
sufficient ugrency and importance again to 4sk for
it your early attention. M VAN BUREN.
WASHINGTON, l1h February, 1910.
Accompanying the above message was an es.
innate on the state ofthe Treasury up to the LIST Of
June, next computing the expenses at
S9,65o000
Receipts at 100000
Shown. deficiency Of s4,150 600
Such is the sorry ofthe President ne,e and yet how
fair and smoth was the message of Dec. last on the
state of the Treasury! The expenses Of govern
ment are running in mensely ahead Ofthc rec2ipts
in fact, the treasury is BANKRUPT; and the hard
money Executive is begging for new issue OF
CE5--fpe millions Of government paper. This is the
retrenchment and reform" promised in the last
message. How long will the people submit to be
humbugged in this lashion.]
TUESDAY, Feb. l6.
.Senais Mr. Benton, in behalf ofthe committee
OIL Military Affairs, asked to be discharged from
further consideration OF the memorial relative tc
the Bloodhounds. 1t is understood that the terri.
toria authorities procured the bIoodhounds and
That the Secretary of War refuses to forbid the use
Of theml Mr.. Hubbard spoke against the rgh
of the states to their proportion ofthe public lands
House. The pension bill was further discussed
- the amendments Of the Wings occurring til,
administration TO use the balance in the hands o
the agents for the payment Of the pensions due il
a., I,,, 4 a 1.
finally passed unanimously.
WEDNESDAY, Feb 10.
Senate Mr.. Clay Of Ky. addressed the Senat
on the subject of the public lands, and delivere,
one ofhs best speeches.
Hs,se. Most of the day was occupied in dis
cussion OH a proposition to print the proceeding
or de committee Of Elections on the New Jerse
case.
MORE GOVERNMENT PAPER
Mr.. Jones, ofthe Com. of Ways and Means, re
ported bill authorizing the Secretary of III
Treasury to issue FIVE million dollars ia new tree.
ury notes rred 10 Com. Of the Whole.
THURSDAY, Feb. 30.
Senaie. Mr. Sewer of Arkansas, spoke against d
viding the proceeds Of the public lands, when ii
subject WAS postponed TO Monday.
House. Mr.. Graves charged the P. NJ. Gener
with payiuga $1,000 salary to locofoco, who HI
gone to Kentucky to edit newspaper, and al
pointed substitute to do hsd duty us CLERK at $40
Mr.. G. asked committee of investigation, but II
jocolocos voted him down.
FRIDAY, Feb. 81.
Senate Private bills considered adjourned
Monday.
House Private bills-ad adjourned to Monday.
Mr.. Calhoun on the Currency.-A correspo
dent of Locke's New Ere, the ultnr radical Org
nf Nav XOrk .i.;