New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-01-17


The Morning Ne,os argues that because the
Wings have desired and struggled, by distribut-
ing the Annual Proceeds of the Public Lands, 10
help the indebted States 10 pay the interest Of
their debts (alleged by many to be beyond theii
unaided capacity therefore the Wings are the
cause Of Reputation, or somehow responsible iol
it! OF course, nobody can ever safely venture
to help friend in difficulty hereafter; for, even
though the offer should be rudely repulsed, he
would be guilty, in the Newss eye, of having
created the embarsssments he attempts to re-
move.
The News asserts that the Wing party went
into the Election of 1910 On the doctrine Of
Distribution for the relief of the delinquent
States" The author Of this assertion is one Of
those who ought to have good memories. He
forgets that be had asserted, emily two days be-
fore, that ",he advent of the Wing party to
power in u l84l was tolIo,oed by the dishonor
of nine Sovereign States of the Unicn."
Now we are and long have been ardently ia
vorable 70 the Land Distribution, for reasons
which existed long before any STATES were EN-
barrassed, and will exist though their embarrass-
rnents shall have ceased. When Mr.. Clay in
1882 propounded the plan of Distribution there
wero no State Debts that caused any uneaslness
or trouble. We greatly desire to see Distribu-
ton effected, l. Because tho General Govern.
ment disclaims the power to make Internal I'm
provcments and the States undoubtedly possess
that power. We think these Land Proceeds
should be 50 expended as to increase the value
of the Lands, which is done by Internal I'm
provement. New-York, by her Public Works,
has added immensely to the value of the Lands.
g We wish these Proceeds so expended that
future generations shall be sensible ard constant
ly benefited by them. We question the right CT
any generation to sell of this rich patrimony Of
the American People and utterly consume the
avails. 3. We desire that all sections and por.
tons Of the Union shall be directly and tangibly
interested in tho preservation of the Public Lands
from the grasp OF local or individual rapacity.
Unless this is effected soon, we believe that the
Lands will cease TO afford any Revenue at ALL
Such, briefly stated, are some Of our reasons for
"a desiring the Land Distribution apart from the
s relef aud restoration to solvency of the delin-
quent States, though that, we proudly aver, is to
us d matter of anxious and painful interest.
The Nows farther aflirms that the Assump
ton of State Debts was in lS40l advocated by
"a large portion of that 1.-THE Wing party This
is utterly untrue. The large portion never ex.
tended beyond the few thousands interested in
State Stocks and those under their control, if 80
far as this We do not know prominent Wing
who ever advocated the positive Assumption Of
State Debts. Mr.. w. Cost Johnson's plan mot
Of Assumption at all, but of gigantic yet equal
Distribution OF Public Stocks to all the States,
indebted not, pro rata obtained but too votes
out of the ITO Wings in the Congress of lS4l-2
Only seven voted 10 consider or entertain the
project at all That this plan should meet with
favor in the desperately Indebted States, amcng
those who mean, or desired 10 pay, is very natu-
raj: we are rather surprised that it obtained nc
more support than it did
The News makes desperate attempt 10 gar
BILE Gov. Bigger OF Indiana into countenancinE
Reputation, but with signal i'll success. Gov,
Bigger did indeed hold that every other resource
should be exhausted before imposing on the
State tho full amount of taxation required 10
meet the annual charge of her debt, but he never
opposed taxation when all other resources should
prove inadequate, nor did he declare that it
would be impossible for the People to pay
That depth of infamy was first sounded by Gov.
Whitcomb.
NJ. narr,
sufficiently to pay three per cent. annual interest
on the State Dect, the News says, "the PROPOSE
ton of the Senator was Wing stock, lobbing
trick" We happen TO kno,c that il is no such
thing, but sincere and resolate effort to Go
whatever be done Qn tho existing state OF
public scntment) for the unfortunate creditors OF
the State, who will BE- right heartily glad to see it
adopted. If they can but get bonds for the
whole amount now due them principal and in
terest up 10 me next year and three per cent.
interest on the whole regularly paid hereafter il
will lii many of them from dcs,ituton to com
fort. "The intention" says the News, speaking
Of those who oppose MIR. Deirees' proposition, is
ultimately to pay the whole" We canno, fine
the evidence of this intentionin Gov. Whitcomb's
Message nc, in tie debates Of the Senate. L,
does seem TO US that, If they really DESTROYS
of paying The whole. they would begin by &C
knowledging the debt and paying as much
as they were able, SO as to relieve their cred
itors from dc,ttu,ion and save them from
the hard necessity of sacrificing th.ir stock for
less than half its cost.