Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-06-29

The Union denies The report that Corcoran
& Riggs are specializing largely in soldiers
bounty lands, those gentlemen moi having puT.
chased 10 the extent of 900 dollars and giving
par for the few certificates of slock they have
purchased. "They have shown their confidence
in The credit OF the Government by subscribing
for large portion of the late loan. They de.
serve credit for their public spirit. But they
scorn 10 mngle in their great transactions any
speculaions upon The dislresses Of The soldiers
who have served their country"
We are pleased 10 perceive that the hawk
eyed vigilance of Mr.. Edwards, Commissioner
OF Pensions, has recently put check upon some
five hundred warrants, which had been obtained
by Spectators from the unsuspeciag soldiers in
New Orleans assignment having been i'm.
properly made. We trust that the law will be
rigidly enforced, and all protection given 10 The
soldiers. The Quincy (llinois) Herald has The
following:
BOUNTY LANDS.-Lasl week We warned
The returning volunteers against allowing them
selves 10 be wheeded out Of their government
scrip by crafty Spectators. We Will explain
ourselves By an examination oil The late law
upon the subject Of bounty lands 10 soldiers, II
will be seen that those who have served twelve
months and been honorably discharged or re-
leased on account OF sickness or disability, are
entitled 10 warrant for one hundred and sixty
acres of government land. Ifthey be killed in
the service, The claim passes 10 lawful heirs
In place of this one hundred and sixty acres oil
land, he may have, il he prefer, government scrip
10 The amount of 100 dollars with interest al
six per cent, or twenty. five dollars in cash. Now
scrip 10 that amount is equivalent TO quarter
section Of land valued Al TWO hundred dollars
and may be so exchanged al any land oince IN
the country the applicant, il we mistake not, be-
ing pemilted TO locate his right where he pleases
on The national domain unsold. Efforts are con-
,nually being made 10 depTeciate The scrip, ioI
the purpose Of getting possession Of II al a mere
nominal price, We regret 10 learn that such at
Temps have to some extent proved successful
The government undoubtedly prefers that the sol
diers should take The lands, for which they can
exchange their scrip 10 better advantage IMAM IL
any other way.
P.S. We regret TO see The following state
mems in The Washington correspondence Of yes
terdays Baltimore Sun:
But, learn, that in spite Of The presen! Law
the Spectators will triumph. The oIllichliies
presented BY Col Edwards under the law OF 1877
are col over in the following manner: The spe
culaior, or his agent, gives FIVE dollars 10 lht
discharged soldier and bond binding him
self 10 pay fifty, in case The land bounty or
stock sha he secured. The land script Is IS
sued in The name OF The soldier under The law
without regard 10 any transfer or assignment, ant
the soldier transfers il 10 The speculator loo glae
to ge, lriHe Tor his land scrip, without any fur
ther trouble; one-half Of the government bounty
will go into The pockets Of The spectators.
There is one way for Congress 10 prevent mi:
evil, |. e.. repeal The law altogether. !here u
one more way-to paylhe soldiers certain sum
in cash, upon their discharge.