Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1842-08-27

Of this debt has been contracted for the accom>
plIshment Of supendous works TO expedite a nd ia
cIlitate the intercourse Of travel and of trade be-
tween the rernotest extremes Of this great Repub-
lie. swarmipg, from year 10 year, with redoub lin q
millions Of population 1t Is nc exaggerated es
,imaie of the value of these works TO say that the
saving Of time, of labour, and Of expense 10 IN
div idual citizens OF the Union, enjoying the ben
eft OF these public works, more than repays, in
every single year, the whole cost of their con
struction.
The second reason of the President, for object
ing TO the passage of this bull is more ponder
Gus than the first. 1t is the destitute and
barra--od stats of tha Treasury, nd the itnpoioy
1t not nstitutIonality, of giring aray a fruit
lui source OF revenue, which 1t retained may be
seized by the government and applied TO meet its
daily wants. But The president had told
that this fruitful source of revenue subject
wholly dssn,lar IN It's character from that of
enue raised bv duties of impos,-so dssmlar
that the union Of them formed in his mind an in
snrmpuntabe objection TO the passage Of the bill.
"l IN st respectfully submit says the message
whether this IS time TO gre dody the proceeds
OF the land sales, when the public lands constitute
a fund which of all Others may be made most
u IN sustaining the public credit And how could
be m ide thus useful? Precisely by siriso them
atoay. BY giving them away forever! For II
the principle DC once established that the proceeds
Of The sales OF the public lands shall be subs'Itu-
ted IN the place of revenue BY taxation 10 deiIay
the ordinary annual expenses OF the National Gov
ernment never more will the people of any State
IN this Union have the benefit of dollar from
this richest Of mines OF lnexhaust'ble wealth, be
slowed upon them By their bountiiul Creator for
the improvement of their condition.. Bal
giuen dt1ay-yes, TO the last cen, 3ren array, for
ever, 10 pamper the reckless extravaganza of Il
government, forever preaching reirenchment and
/ economy, and forever heaping million upon miI-
lion Of annual expenditures ",o suckie armies and
dry nurse the land.'
The committee submit, TO the House their I'M
hesitaiing opinion that the appropriation Of any
part of the proceeds of the sales Of the public
lands TO tho ordinary annual expenditures, would
be the only effec,naI and irretrIevabe giving a
way of that great and nestima bic Inheritance OF
the American people. That, If once that grow.
ing and inexhaustlble fund shall be doomed to
form tho whole or any part of the ways and
means for the annual estimates Of the receipts and
I expenditures If the National Guvernmen,, the
people may bid farewell, long farewell, to every
hope of ever receiving dollars useful improve
ment from III Il gift Of God to ihem thus cruelty
and perfi i,uosly wrested from their hands
Bl, while these immense benefits have been
thus secured to the People, as a community Of IN
disiduas. the States which authorised them have
contracted a burden OF liabilities heavier than they
are able to bear. They need the assistance Of a
friendly and powerful hand, and where should
they find it but in the sympathies Of the Nation
al GJvernment' in their fidelity to the trust com
/
boundless public doman2 The appica ton of the
proceeds OF the public lands to alleviate The bur-
den Of these deb's pressing upon the people of al,
most all the States, Is, If not the only, the most
unexceptionable mode of extending the mighty
of the Union TO relieve the People of The
States from the pressure Of the burden bearing
upon them-a relief consisting only Of the dis
,rbuion among them of their own property-a
relief furnishing them the means OF paying TO the
United States themselves no inconsIderabIe pnr.
ton Of the debts due from the States them; so
that by and the same operation the People Of
the States will be relieved from the intolerable
pressure of their debt, and The common Treasu-
ry of the Union will receive back in payment Of
debt no small part Of the same sums allotted 10
the States their respective portions of the dis
tributon.
The committee regret that the shortness Of the
time which they have allowed themselves for the
preparation Of this report constants them to pass
numerous other considera tons amounting to
The cearest demon stration that The distribution a
mong the States OF the proceeds Of the sales Of
the public lands will be infinitely more cong Icive
the ends of justice and to The relief Of lbe peo
pie from their emba IRA ssmcnts than the devotion
Of the same funds TO be swallowed up in the in
! satate gutph of the ordinary annual expenses Of
the Federal Government-to perish IN The using
like the nine millions Of the fourth insralrnen
promised TO the States the seven eight millions
of stock in The Bank OF the United States, and
the FIVE six millions Of Indian trust and Navy
De i sion funds, all sunk, during the Vac Buren,
Administration, without leaving wreck behind.
! This review Of The reasons Of the President for
Directing 10 The passage of the bill might be ex-
tended far more detail, and all leading the
conclusion that they are feeble, inconsistent and
unsatisfactorv 1t remains only for The House 10
take, by yeas and nays, the question upon the f.
na passage of the bill, nd The ira jor'y Of the
committee cannot indulge, even alphabetically,
f he at hone u a ma g
other House of Congress competent TO the enact.
ment Of the bill into law, they leave The House
TO determine wha, further measure they deem
necessary and practicable by the legislative
,horiy in the presen, caamitous condition Of the
country.
/ th,f tha ~ cla leniSlatira