The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-12

power ancont,oied over the market IA this oommodsy
When the hthers Of the revolution put tho machine In
operation, they started II this prime plehat the
quantity Of land thrown into market should always be
regulaied by the existing demand and at the time.
lust fast healthy settlement of the country would
take them up This course was pursued for thirty years
AMI the principle supply and demand kept constantly
would be seen that OF lands brought into mark.
ct within the first thirty years, out of a hun.
millions ren n unsod, and nearly one half OF this
quaint y is in Mississippi The first land sold in
I7sl-hity nine years ago this very month. We now
have in market hundred and forty millions Of acres I'M
sold and he accounted for this by insisting that the go
vernment had neglected the salutary principle Of supply
and demand Who're had been sold three had
been brought into market We commenced in 1885 with
three millions OF people, now we number twenty mil
land sy stem, and there no necessity to repeal or al
ter, but strictly to enforce il, etc.
Mr. McCLrRNAsp, of illinois, argued in favor of the
principles oil the bill before the committee There
ordinations OF prices in all kin Is Of business The
uiacture the merchant the artisan all disposed of their
there was so much land in market was the price for
different qualities was too high-there being no distnc
ton In price between good and bad. The Consequence
will be- should this state of things continue settlers will
overeap the boundaries of the United States and get
viii abroad, long held at too high price here =
This in some measure, led the settlement of Texas
He answered objections which had been made against the
BILL annd denied that the system proposed would bring
about monopoly in the hands Of SPECTATORS the
hary. different result will ensue.
MIR BRocxENBoRouGH OF Florida supported the grad
uation principle The constitution gave Congress pow
dispose OF the public lands this should be exer
c ell, not TO gr down the people to dust der
by demanding bitant prices for them but to enable
all whe desire to become ers OF the SOIL by graduating
it according TO its value.
Mr.. RATHBvS, of New York, was opposed to the
bills reported, and TO the amendments. He was for
upholdng the present system which had worked
well and admirably, with few exceptions The spec.
ulaons of 1894, 1885 and 1885, ruined thousands of
and he could go into New York and buy lands for
cents per This one OF the results of
ton. The spectators had lost only the interest ut
measure but not that presented He of the
lands, which shall have been in market for twenty five
dollar acre until the first of March, 1857 which
time they shall be sold for seventy five cents per
three aud half millions annually And ho
said he would introduce bill embracing these features
Mr. ChArMAS OF Alabama spoke In favor Of gradua'
ton, and showed the advantages which would ensue
nom IT
Mr.. DOpoE, the delegate from Iowa, commended that
there ought to be graduation of the price of she pub
hc lands and he trusted that the principle would be
adopted-the principle of justice and equality
Mr. ADAMS OF Mississippi, said there had been good
deal of harpng there being hundred and thirty.
three millions OF acres of land now in market; but he
ven,ured say that not thirty three millions of this
quantity fit for cultivation; the was not worth
quarter OF cent an acre. He maintained that the
years than the old system would in hundred years.
He knew thisand he asked for the passage of the bill
question of right.
commenced explaining the amendment which he offered
when the hour to which the debate was limited by re-
The committee voted on the amendments-frst, that of
limitation from 1886 to ls59-when the lands may be
entered at twenty-five cents per 1t lost-ayes
bs. noes 80
MIR BRIsxERHorr proposed to make graduation more
gradual in the first section; but the amendment
disagreed to.
Mr.. A. JOHNSON. of Tennessee offered an amendment
TO give permission to every poor man. the head of
y to enter quarter section of land free Of cost his
furnishing certificate OF three fIeehoders that he is
racter.
MIR. EWING, of PENNSYLVANIA move to amend by
saying Every poor man, white black" Cries OF
order.'D
The amendment of Mr.. johnson was rejected
Mr.. McDowALL, of Virginia offered an amendment
that lands which have already been in market years
or more, may be entered at dollar acre fifteen
twenty five years. twenty cents No person to onter
more than three hundred and twenty acres shall
more than ve millions OF acres be brought into
~, noes So
The amendment of Mr. Dromgoole of Virginia, being
MIR. yAscs, OF Ohio, moved to amend by providing for
nnsatsfed Virginia military land claims growing out of
the war OF the revolution (Lapghter.)
ar SAWYER, oil Ohio, said that the amendment Of his
coll eague was out Of order.
The CHAIRMAN ruled the amendment TO the amendment
out OF order
Mr.. yAscE appealed from the decision of the Chair
And the question being TAKEN the Chairmans decision
sustained ayes u.s. nays OIL
Some time was squandered in settling point of order.
hlessrs DARRAGH, Hou.ron of Alabama. BRIyxrRHorr.
mens, Which were elected
No amendments were agreed to-
The Committee arose fifteen minutes mast three
O'clock and reported the following bill as il came from
the Senate, VIZ =
To reduce and graduate the price of the public lands
and Tor ether purposes
Bt IL snacf,d the Senate and House of Rrpresenfa
tires If the DATED States Of .4merica in Congress a,s.
bed Iha ali public lands shall have been Offered
Tor Saie ten ea' or more tue first day of March, egh
eea hundred aud o SEVEN snail there after be subject
to entry at one dollar per acre. until first day of
Mnch, one thousand eight hundred and fifty all then
remaining unsold shall he subject entry seventy
tive cents pes acre until the first day of March, one thou
sand eight hundred and fifty nree all then remain
ING uPsold shall be subject entry at fty cents per
until the first day oil March, one thousand eight
hundred and nifty when they snail be Inject to entry
1t eny Fl. er acre until the iii ST day of March
one thousand eight hundred aud fifty nine.
Sec .and be further enacted, hat all public lands
WHICH, alter the hst day oil March. thousand eight
hundred aud forty seven shall have been offered
ten the first day of March, one thousand
eight hundred and fifty, shall hen be subject gradua
years and that all public lands which shall have been
ohe ed Tor sale ten years at the succeeding
PERIOD or any subsequent one, shall be subject in like
manner to graduation and entry at like periods of three
years as they consecutively occur Prorded That no
one person. under the provisions of this act shall
thorised to purchase than section at the two
lowest rates OF fifty and twenty five cents per acre.
SIC B. .dnd be IL further enacted, That upon every
reduction in the prices Of said lands which shall take
place by the graduating process of this act occu
pants or settlers upon Of the said lands shall the
right OF prescription at such graduated reduced prices
which right shall extend TO period Of six months from
and after the dates at which the respective graduaons
shall take place and any land entered BY the res
pectve occupants settlers within that period shall be
hbie to be entered or purchased by any other person
u he next graduation or reduction in price shall take
place, when 1t shall ii not previously purchased be
again subject to the right OF presumption for months
as before and so ON from time TO time said reduction
shall take place Prorded That nothing this act con.
tanned shall he construed to interfere with any right
which has accrued or may by viiue Of any act
granting prescriptions to actual settlers upon the public
lands.
ssc. find be il further enacted, That all acts and
parts oil acts as provide for an exemption from the mpo
sition of taxes upon land sold by the United states for
hse years IRON and after the day Of SALE be- and the
same are hereby, repealed.
me previous question was moved and seconded,
And the question being stated shall the bill be read
third time the yeas and nays ordered and being
TAKEN resulted-yeas, s3-nays, 99, as follows:-
YEAs-Messrs. Stephen Adams, Bcdinger, James A.
Black, Bowlin Boyd Brnkerhoh, Brockenbrough; Viii.
lam O. Brown Burt, Cathcart, Augustus A. Chapman,
IL alo-ul .hn.x. IL