Weekly national intelligencer., 1848-05-13

Every instead Of taking his warrant would take his 100
scrip. And how much would amount to, Why to five
millions Of dollars. II was simple question Of mathematics
These Mexican soldiers would take land warrants for
with these additional warrants the market they would not
be able sell them they would prefer the scrip and thus
FIVE million dollars would be added the public debt which
would be increased by that amount. Now did gentlemen
desire that Some gentlemen might for the purpose Of OBJ
tanning higher tariff but to such gentlemen he would say
stake that you do not get direct taxes" What the
income Of the public land We have been receiving about
three millions per annum. For the next year Mr. Walker
anticipates the receipt Of three millions and half He cal
cuaes that sum, which he bases on the pre- cmpon rights
and he may realize it. Already been received than
the proportion Of three millions for the period; but f
these issued should they ever he able to qs, back
the public lands pay Virginia and o,hei States the debt
tracted in the Revolution :
He knew there gentlemen here who tenacious Of
that there who desired free trade and
others who called for internal improvements and tn such
gentlemen he would say, Beware how you cut of this
of three millions Of dollars do not say that
from New England stood here and encouraged you get rid
Of that revenue do not charge Remember you
have been told of.n to-day plainly and fary." He knew
but gentlemen might think that much capital could be
made in the approaching election by this they might ose
by the final result but they had better beware. II sdvan-
age to be gained by he should such
vances for sinister advantages might accrue to him.
II this bill should be passed ts present shape the
from the public lands would be cut OF and large amount
would be added 10 the public debt and this he not willing
to sanction for any temporary personal advantage Of the
consequences OF such legislation gentlemen could judge
well he could, they would but take the trouble to think
As he bad yet few minutes remaining Of his allotted time
he would call the attention Of gentlemen little at large
70 question to which he had already briefly referred He
had said that there were who willing TO destroy the
income from the public lands for the motives which he bad
suggested They said they wanted get rid OF this
Of public revenue, and they did how, for these lands
we're used as capital wheewth operac in choosing Pfs
dents Gentlemen who sctuated by motives Of that kind
those who ordinarily Of conservative cbsrscief
But gentlemen who have any regard for honor and honesty
would CONSIDER how these lands into hands, and for
what purposes we hold Them We not without light on
this subject we desire il from the Supreme Court OF
the United States The question had bcen before that court
and had been decided that merely trustees OF the
public lands, and bound to administer the trust fairly
for the benefit of the estate, though were private
estate. Could man who q trustee for private %
tate say be would not keep the properly vested in him as
trustee becsuse he feared II would corrupt him What
trustee should say, "wih this property in my hand
cannot act with integrity shah be tempted 70 steal