Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1842-07-15

:. dn,ino which TIE Distribution law
sess'o%" INT The most sanguine Of tho friends
pssseo ESQ measures entertained no doubt bu'
Of ~ ~ loan would be eagerly taken up by
sns ';,s,s,s. and speedily reimbursed by coun-
ap,ass,;ned as they hoped. soon 10 enjoy an
ny .aowiug prosperity. The very terms OF
o'el 'o.n. making il redeemable IN three years.
tne . 'vs this beyond all cavi'. Who at
DENIM, ,;ms f3resaw OF imagined the possibility
'n ma. a actual state Of things. when nation
o. has paid off her whole debt since the last
'n "..a while all the great powers have neen
p pressing theirs and whose resources. a'Iead
w.. ~ orea' are ye. but in the infancy OF Their
ys ~ should be compelled to hagg'e
Is ,be money market fer pa!'ry snm. no,
.,nal 70 one years revenue on her economical
slls,an,, II the Distribution law IS to be ln-
ss suspended. according not only to lis
o Smn terms. but by universal consent. IN case
IVA wherein are the actual exigencies Of
". country or the moral obligation to provide
g." ar hem. less under present circumstances
han thew could be were we actually involved
IN war! Il appears to me TO be the indisneR-
s,be du,y Of all concerned in the administra-j
inn Of public affairs, 10 sac that state OF
,h;ncs 80 humilta,ing and so perilous should
~, las, moment longer than Is absolutely
Unavoidable. Much less excusabe should We.
he in parting with any portion OF our avalla-l
hls means. at least until the demands Of the
Treasury were supplied. But besides the nr-
,sncv.of such considerations, the fact Is nnde-
ssiabis tina. the Distribution act could not have
become a law without the guaranty IN the pro-
yiso Of the act itself.
This connection. thus meant to be Insepara-
bic, is severed by the bill presented to me-
The bill! vinlaies the principle OF the acts OF
1893, and September, l64l. by snspending
The first, and rendering for time, the last in
usra,ive. Duties above 90 per cent, are pro-
,nosed to be levied. and yet the prouiso in The
distribution act is disregarded; the proceeds
ofthe sales are to be distributed on the LIST Of
AUGUST, so that while the duties proposed to
be enacted exceed 90 per cent, no suspension
If the distribution to the States is permitted
IA take place. TO abandon the principle for
month, opens the way to its total abandon
,nen,. Ii such is not meant, why postpone at
all, Whv not let the distribution take place
On the Is. of July, if the law SO Directs
which. however is regarded as questionable.
But why no; have limited the provision to
,ha, effect! Is it for the accommodation Of the
Treasury! | see no reason to believe that
The Treasury will be in better condition to
nee, the payment on the LIST OF August than
on the !s OF July.
The bill assumes that distribution OF the
nroceeds of the public lands. lis. by existing
laws, 10 be made on the LIST day OF July, 1912.
notwithstanding there has .'een an imposition
Of duties on impos,s exceeding 20 per cent
IN 10 that day, aud directs II to be made .on
,hg first Of Angus; next. 1t seems to me very
clsa; that this construction IS equally efrone-
Gus and dangerous, as it. would divert from
The Treasury fund sacredly pledged for the
general purposes Ct the Government, In the
event Of a rate Of duty above 90 per cent. be-
ing found necessary for an economical admin
,slraon of the Government.
The bill under consideration is designed as
enly temporary measure passed merely tor
the convenience Of Congress is made to affect
the vital principle of an important act II the
noyiso vf the act Of September, lS4l, can
be suspended for the whole period of tenn
porary law, why no. for the whole period OF
permanent law! A doub, may be well en-
lerIaneJ in fact, according TO strict rules,
whether the condition having been thus en-
pressly suspended by this bill, and rendered
inapplicable to case where 1t would other
wise have clearly applied. will not be cons'h-
cred as ever after satisfied and gone. With
out expressing any decided opinion on this
point, | see enough in it 10 justify me in adhe-
rine to the law as it stands, in preference to
subeciing condition so vitality affecting the
peace of the country, and so solemnly enacted
at momentous crisis, and SO s.eadfasily ad
heled to ever since, ard so rep!ete, it adhered
TO with good TO every interest Of the country
10 doubtful OF cap,ious Interpretation.
In dischargine the high duty thus imposed
on me by the Constitution, | repeat to the
House my entire Willingness to cooperate in
all financial measures of a constitutional char
acer, which, ia its wisdom, it may judge ne-
cessary and proper, ,c re-eslablsh the credit
of the Government. belive that the proceeds
of the public lands being restored 10 the Frea-
sury, or more property to speak, the provisc
fine act of September, l64l, being permitted
to remain in full force. Tariff of dutie'
may easily be adjusted which, while it viii
yield revenue sufficient 20 i;.aintaln the Gov
eminent in vigor by restoring its credit. will
rfiord ample protection and infhse new life
into all our manufacturing establishments
The condition of the country calls for such
legislation, and it will afford me the most sin
cere pleasure TO cooperate in 1t.
JOHN TYLER.
WASHINGTON, June 90. 1912.
The True GRouND.--We extract tie follow
I'LL ,I