The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-12-24


law at all times, but are especially embar
RAISING when The country Is engag ed IA
war, when tIe expenditures are greatly
increased, when loans are To be elected,
and The disburse mcnIs are To be made at
points many hundred miles distant, va >oine
cases, from any depository, anu large
portion of them 10 IA foreign country. The
notifications suggested IN the report OF
The Secretary OF the Treasury are recon-
meuded TO Your favorable consideration.
In connection with this subject, invite
our attention 10 the importance ot estab'
fishing u branch Of the mint oi the United
States at New York. Two-thlrds of the
revenue derived from customs being col
lecled al that point, tie demand tor specie
to pay The duties will be large; and a
branch mint, where foreign coin and bul
hon could be immediately converted into
American coin, would greatly facilitate
the transaction Of the public business, en-
large the circulation OF gold and SILVER, and
be, al the same time, safe depository OF
the public money.
ub ititlibi saHAN w kiAbbAhhtf- "N'" -
ducing the price OF such of the public lands
as have been long offered IN the market,
at the minimum rate authorized by exist
ing laws, ard remain unsuld, induces me
again TO recommend the subject Ia your ia.
yorable consideration. Many millions o!
acres of these lands have been offered ia
the marke, for more ihan ihlfly years, and
larger quantities. for more lhau ten OF TWEEN
iy years and being ot'an inferior quality,
they must remain uusalcable for au Indt H.
nle period, unless the price al which they
may be purchased shall be reduced. To
place d price upon them above their real
value $ not only 20 prevent their sale, aud
thereby deprive the Treasury # any ~
come from that soufce, but Is unlust 20 the
States IN which lhey lie, because n fctatds
their growth aud increase oil population,
and because they have no power 10 levy a
tax upon them as upon other lands wilh,u
their liml's, held by other proprietors than
the n,ted Sutas, lor the support of their
local governments.
The beneficial effects Of the graduation
principle have been realized by some OF
the States owning the ,uuds Ntthuther Inn.
rs ~ whicn Il has becn adopted. They
have been demonstrated also by the /.
States aching as the trustee OF the CGick.
aslw ribs Of lniiaas 10 lhe sale Il thair
lands lying wlthiu the Statrs ul Mtssissip.
"a aHd Alabama. The Chicka-aw lauds,
which would not command N The ,nai set
the minimum prico established by the AVS
OF the L. States iarihc safe 81 ihrtr lands,
we're, 10 pursuance Of the treaty Of 1854
NIlh that tribe, subsequently, offered FOR
sale at graduated and reduced rates tor
hmiled periods. The result MAS, that
large quantities &C these lands were psr-
chased, which would oghcfeise have re-.
NAMED uu5olJ. The lands were disposed
81 al their real value, aud many persons Of
limited means were enabled TO pure hast
small tracts, upon which they have settled
with their families. That similar results
would be proalccd by the adoption 81 the
graduation policy by The States, IN al
the States "a winch they are the owners "
large bodies Of lands which hayo been long
III tie market, caano, be doubted II can.
not be sound policy 10 withhold large
quantities Of the public lands from The use
aud occupation Of our citizens Us GuG!
upon them prices which experience has
shown they viii not command. Ga nc
contrary, II Is 4 wise policy 70 hh4fd l.etl.
i'ies TO our citizens 10 become the owners,
Al low moderate rates, Of freehold, Of their
own, instead Of being tho tenants ana D..
pendants or others. | Il he appreciated
thar these lands 1t reduced 10 puce, would
BE- secured ~ large qushutie h. sgecula.
tors Or e pt'aIisls, the sales may be re-.
sircte5, "a limited quantities, 70 uci1ai
settlers Or persons Purchasing !or purposes
Of cultivation.
II NY last annual message, | submitted
(ar the consideration Of Congress tic pre-.
sent system d managing tie mncra lands
ol the t. States, and recommended thu,
they should be btough. INTO market and
sold, upon such terms and under such re-.
slriciions as Congress might prescribe. ~
By the act Of the ltu Of July last, The
reserved lead mines and Contiguous lands
10 the States Of Illinois and Arkansas, and
territories Of Wisconsin, AID lows were
authorized to be sold. The act Is confined
in ~ operation, 10 lead mines and CONT
guous laIds.n
lnrEo portion of the public lands con.
tahng copper and other ores, is rrprcsen.
ted 70 be very valuable, and recommend
/ that provision be inside authorizing the sale
Of these lands, upon such terms aud con.
ddlons as from their supposed yaluc, may
IN the judgment Of Congress, be- deemed
advisable, having due rcsnrd to the inter.
est Of such d our citizens us may be 10.
Gated on them.
t viii be important, during your pres.
cni session, "a establish d territorial pDy.
vcfnmcnt and 10 extend the jurisdiction
and laws Of tho Z. States over ,dc tefr.tp.
~ Of Oregon, Our Laws regulating trade
and intercourse with the Indian tribes ems,
Of the Rocky mountains, should be exten.
ded to tie Pacific ocean and for tho bur.