The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-09-05

or borne down by superior disclpne IN the last dread
hour OF death, how eonsoling the reflection would be-
how Strengthening u the SOUL perish IN defending
that which right, and government that has provided
home and an abiding place for my wife and for my
children.
Mr. j. said, il will be remembered by the House that
he had already shown that by giving an Individual a
quarter section OF land the government would receive
back, in the shape of revenue every yeas more
than the government pnce OF the land; and upoh thus
principle, the government would in fact be realizing two
hundred and ten dollars every Subsequent term OF
years. The whole number OF OF public land be-
longing TO the United States al this tme up to the
Both September lSdS is one billion four hundred and
forty two million two hundred and sixteen thousand one
hundred and sxty-eght acres, q ,442, ,2l6.l6s This
amount, estimated at one dollar and twenty-five cents per
acre, will make one billion eight hundred and two
million seven hundred and seventy thousand dollars,
t$l 500, ,770O00) To dispose of three millions OF dol
lars worth per annum, which is more than an average
sum, would require hundred years. fraction ess,
10 dispose of The entire domain 1t will now be per-
ceved at once the immense advantage the government
would derive by giving the land to the cutvaor instead
OF keeping il on hand this length OF time We lind by
this process the government would derive from each
quarter section, in SIX hundred years, (hrowDg oil the
large OF nearly one hundred seventeen thousand
dollars ($l7 000D going into six hundred eighty
five times This then. shows on the one hand what the
government would gam by giving The land away. Now
let us see what il will lose BY retaining the land hand
this length OF time. Time operates upon value as dis
tance does upon magnitude. ball Of very large size
when close 10 the eye is in its fullest extent, but
when removed certain distance dwindlcs TO the hu
man vision, or disappears altogether So the lar
gest planets, removed from the eye to the position they
now occupy in the heavens, diminish 10 mere point
TO the business practical world hundred dollars al the
present time is just worth hundred dollars hundred
dollars twelve months hence is worth just six per cent
less, and SO on Tor every twelve months until sixteen
years and eight months, when il has lost amount equal
to the principal il will be perceived that in every
sixteen years and eight months the government loses
which is two hundred dollars, t$2O00 by keeping il
hand Sixteen will go into six hundred thirty seven
times, which would make thousand four hundred
dollars ($7 4O0) the government will lose Mr. j
that would be Dertecty and rational the
business world TO set the loss down the one hand and
the gain on the other, and then add them together,
sand Tor hundred dollars ,40O in the present system
and the proposed This will hold good in principle,
and will apply to each quarter section well TO the
aggregate He repeated that, by giving quarter section
OF land to the honest cultvator, in hundred years
the government would derive twenty -four thousand and
four hundred dollars (S24 40O) Upon this basis of cal
culation in six hundred years the government would
draw from this source by the operation OF is
SYSTEM into the treasury two hundred and nineteen
billions six hundred millions OF dollars, ($29 600 ,oo0
oOo,) which would be an amount sufficient, estimating the
expenses OF the government at fifty millions of dollars per
annum, TO carry II on Tor four thousand three hundred
and ninety years He said that this ought to
satisfy every that instead of violating the pghted
faith of the government, II enlargi and making
more valuable, and enabling the government 10 derive
much larger amount OF revenue 10 meet any and all ri its
liabilities, and thereby preserving It's faith involae. He
thought too that this expose ought 10 satisfy even the
esh that this the best policy for the 10
pursue while al the time ameorated and elevated
the condition OF the aboring He said he would
present the subject in another point of which would
show that the proposluen not theory, but
ely practicable The government owns enough land 10
give every qualified the United States three quar-
ter sections eacn He bad procured statement liable
from the General Land Office, which had been made out
with much and accuracy which showed the number
OF unsold and quarter sections in each State and
Territory Ii appears from that table that there nine
million thirteen thousand eight hundred and fifty five
quarter sections unsod. By reference the returns Of
the last presidential election, appears there were
n0f mi in
to be entirely practicable. There is not than
third OF this number that could bring themselves within
the provisions of this bill, large number OF them
owning land and others that not willing to become
cutvaiors OF the soil The number that would be will
ling and in a condition TO bring themselves within the
benefits to be conferred by this bill when compared with
the whole number of quarter sections, al demon
sraes the truth OF the proposition The table referred to
is as follows:
Table hoc ing The unoid lands in each aud Tori.
tory Including those Utvsd the Number Of quarter
sections and the aggrsgafs, 10 The 30h September, lStS
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