The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1844-05-17

stood between the parties, that II, IN consequence
Of the mode in which laids have been surveyed in
Texas, or from previous grants or locations, the
sixteenth section cannot be applied for the purpose
of education, Congress shall make equal pro, ision
by grant of laid elsewhere Ard il Is also further
understood that hereafter the books, papers. and
documei Is of the General Lard Off, Of Texas
,ha be deposited aid kept at such place in Texas
as the Congress of the Lifted States shall direct.
Arr v. The ULited States assume and gree
to pay the public debt and lial ities Of Texas,
however created, fer which tie faith or credit of
her z verLnent may be bou"d Il the time Of the
exchange of the publications. of thi, treaty; which
the whole, ten mio Of dollars, to be ascertaired
AID paid ia the manner hereinafter stated
The payment of the sum of three hundred and
fifty thousand dollars shall be made at the treasury
Of the United States, within nj. ETY. days after the
exchange of the ratification Of this treaty. as fol-
lows Two hundred and fifty thousand dollars to
Frederick Dawson. of Baltimore. or his executors,
on the delivery OF that amount of ten per ceLt.
bonds of Texas; one hundred thousand dollars,
il SO much be required, in the redemption of the
excheqner bills which may be in circulation at the
time Of the exchange of the ratifcstions of this
treaty For the payment Of the remainder Of the
debts and liabilities OF Texas, which, together with
the amount already specified, shall not exceed ten
millions OF dollars, the public aIds herein ceded,
and the net revenue from the same, are hereby
pledged.
ART vi. In order to ascertain the full amount
of the debts and liabilities herein assumed, aud the
legality and validity thereof, four commissioners
shall be appointed by the President of the United
States, by and with the advice and consent of the
Senate, who shall meet at Washington, Texas,
within the period of six months after the exchange
of the ra'i6caiions of this treaty, and may contn
ue In session not exceeding twelve months, unless
the Congress of the United States should prolong
the time. They shall take an oath tor the faithful
discharge of their duties, and that they are not
directly or indirectly interested in said claims at
the time, and will not be during their continuance
in Office; and the said oath shall be recorded with
their proceedings. In case Of the DEATH sickness,
or resignation Of any Of the commissioners, his or
their place or places may be supplied by the ap-
pointment, as aforesaid, or by the President OF the
United States during the recess of the Senate.
They, or majority of them, shall be authorized,
under such regulations as the Congress Of the
United States may prescribe, to hear, examine and
decide all questions touching the legality and valid
ity Of said claims, and SHALL when claim is allow.
ed, issue certificate to the claimant, stating the
amount, distinguishing principle from interest.
The certificates so issued shall be numbered, and
entry made of the number. the name of the person
to whom issued. and the amount, in book to be
kept 'or that purpose. They shall transmit the
records of their proceedings and the book III which
documents produced before them, relative to the
claims allowed or rejected, to the treasury depart
ment of the United States, TO be deposited therein;
and the Secretary of thei treasury SHALL as soon as
practicable after the receipt Of the same, ascertain
the aggregate amount of the debts and liabilities al
lowed; and if the same, when added TO the amount
10 be paid TO F Dawson. and the sum " hich may be
paid in the redemption of the exchequer bills shall
not exceed the estimated sum of ten millions of
dollars, he shall on the presentation of certificate
Of the commissioners, issue, al the option of the
holder, new certificate for the amount, dist-
gushing principal from interest, and payable to
him or order out Of the net proceeds of the public
ands hereby ceded, or stock of the United States,
or the amount allowed, including principal and
interest, and bearing an interest of three per cent
Der annum from the date thereof; which stock in
'ddion to being made payable out OF th. net
proceeds of the public lands hereby ceded, shall
lso be receivable il payment for the same 10 case
he amount Of the debts and Liabilities allowed,
si'h the sums aforesaid to lie paid to Frederick
Dawson, and which may be paid in the redemption
If the exchequer Iis shall exceed the said sum of
en- millions of dollars. the said secretary, before
ssung new certificate, or stock, as the case
nay be, shall make in each case such proportioLa-
lie aud ratabe reduction its amount as 10 reduce
he aggregate to the said sum of ten millions of
Iolars, and he shall have power to make all need.
III rules aud regulations necessary to carry into
feet the powers hereby vested to him.
ART. VII. Unul further provision shall be |
made, the laws of Texas, as now existing, shall
emain in force; and all executive and Judicial
Ulcers of Texas, except the President. Vice Pre-
ident and heads Of departments. shall retain their
fficcs. with all power and authority appertaiDing
hereto, and the Courts of justice shall remain in
j respects as now established and recognized.
ART. VIII. Immediately after the exchange of
nc ratiicaons of this treaty, the President of the
Iniied States, by and with the advice and consent
the Senate, shall appoint commissioner, who
iall proceed to Texas and receive the transfer of
lie territory thereof and all the archives and pub
c property and other things herein conveyed, in
IL name Of the United States. He shall exercise
| executive lauthorily in said territory necessary
the proper execution Of the laws, until otherwise
royided.
ART. TX. The present treaty shall be ratified !
the contracting parties, and the ratification ex-
hanged at the city of Washington. in six months