The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-06-26

srnRens Of the United States had right % slpuais
de6s Of Tss genera Liability Tor hs pc9a q ne ub'ic
tsh and credit were clone pledged Il i quite sudicsas
l9f our purpose Y affirm thar security for the payment
ssl9n We he'd specific pledge Of her arising
INV ba been and contend ha thai esa.
ns sa rs nsa no, y Texas
be called upon % pay The public debt e Ss m sp
This sssnmptisn Is founded on the lac. that We held
the Unon coscssd within Der m and ,hss is iisa
mus, continue hosgh al time until the inessss and pa
stipulation between the United States and Tsxas that,
on We were parties this stipulation our
remote and doub,fa avala6iiiy Y IA" '.s y !.
pledge pyuSs
cusy already On which the articles Of annexation conisr
The United States therefore could have taken css-
q Texas only cum o.s. Sardsnsd With tie orxsss ws
We respectfully urge that the nvolabiliy Of our right
could only be permanently invaded BY breach Of The pub
The nyincible strength OF the principle for which We
contend m1y be illustrated BY case between prvse In
What court Of equity or good conscience would sole.
rate permit morgager. without the Of the mort
gage, Q extngesh ihs mortgage on valuable and Pro.
purchaser with merely BY coyenanng snbai-
sa n e s his
subec, Of property inferior and nnproductive was en-
L. s.psns ne q FL. %
and postponing his payment indeinitcly -. !. ,.f
temps!ed By either the republic d Texas the govern
ment OF The United States a . sI
Of Texas by the United States against iablis
ty Il would b impossible suppose That the debte
he Tnd sss would ii pspsa
ate these duties 70 herself without ultimately providing for
and fViOun mn n
the nposs Of Texas under the highest sanctions q The
Oar right remains as unimpasd since the
sio ~ g y was before u II. r.,,.d y.
intended any Of injustice towards yet would be
eineny unjust for the United States receive from Tex
feating our lien on them. ni gTas
Between and man, ustice win not permit any one
Of titie with person thai is Known % under
ma moral duty e Others inconsistent win shas ME Ihe
aaoherman's right In our case the pfinciple apPes with
somdSss. and The Unitsd States received asnssr Of
these duties, with an exclusive and paramount faculty
levyng them as long as this confederacy shall ss1
Others may add to the force Of this argument; can
not III it be valid, the government Of the United States,
by Mr. Clays adjustments is to receive compensation Of
some seventy o. eighty millions q acres Ct land which
millions Of dollars. bonus 70 pay debt Of s own
Of some ten or twelve miIons Yet Mr. Wallace thinks
not be correct inference from bis argument The sccsp
Of this cesson and the payment OF this money IT,
3D. To bride every Texas bondholder to support the
whole scheme of adjustment az a unit"
Mr. Wallace am quite sure, did not intend TO dcsg
nate this integated and potential unit, ahoughshs
10 rive color to the inference that Mr. Wallace did ins
tend charge with this guilt yet he has the charity
to absolve me from it's tgrpi,ude BY affirming that nm
as great an ultra as Mr.. Wallace himself 3sA
Unit is certainly for myself avery unlucky term; for
believe, under the kindness and confidence OF others
almost the only agent OF the debt who has appeared
at Washington since the meeting OF the bondhoidsrs on
the 18th of February last to represent the debt In
on and 10 advocate its payment Where the ohef 0o0d
holders who have thronged the Capitol are an !. ioss
support OF MIR Clays bills will appear from the follow
ing brief summary ~ sss.s
which was referred 10 the Committee the Judiciary in
both housesthe prayer Of the memorial neither asked
anticipated nor had any reference to the scheme OF Mr.
Clay That gentleman had offered his resolutions Of nd
iusment before he presented our memorial The prayer
o the memorial does ask his scheme of compromise
beg leave to rcce Its prayer;
In reference TO their debit your menoalists respec
% a bs p,ss a &c noe Of a. New YORK
New Orleans BY proper snacmsnss y9ng cal s aos
where they are alone be transferred and give for tho
om annual interest On the
payment Of the public duties or payable In cash g ne
assistant IN fss ' BE IL and s
and sinking fund Tor the ma ex
yoa should q pRos ~ d
bonds Of the government Of the Omitted sssss bssrins
s sS q q
full satisfaction OF our debt iA % ~
II is quite true we suggested Congress the pFobab
ty that Texas would willingly cede to the United States
the proprietary interest in her public lands, without any
aluson to cession in sovereignty for the payment o.
her public debt will appear In the concluding para
graph Of the memorial which reads a. follows: 7e
We believe from the recent official declaration of two
the governors Of Texas and infabie tokens Of public
among the people, Texas prepared 20 cede euc
portion OF her public lands the United States, (Which
doubtless end would vastly transcend 10 vafus the
OF her debit that IL may DO paid Ia good n1n -
her public credo IL Texas has not pressed hereoiore on
the government the Union formal proposals providing
for this object y has perhaps resulted rom issng
tanned in articles OF annexation But 10 known 70
your ncmorasts that her people greatly desire 70 DO am
pie justice to their public creditors K
And here permit me 10 remark that when the govern
ment OF the United States took the whole Of the custom
house revenues they took out OF possession without
our consent the whole Of the available security which
we had. Nearly all the public domain OF any valae
within the white settlements had been appropriated by
actual settlers or had been patented TO those holding
Land certificates II we had sought the public lands ~
payment OF our debts, should have had, ~ great
risk OF life, without the smalIest military pro'ecuons
10 penetrate remote and savage territory over wmcn
I he Indiana roam with degree OF license wnlch
finds ia parael alone in the rude wanderngs OF the an
Gent Scvthans To u.s. these lands would be utterly
valueless To the United States, II would be the re-
verse from The means OF the government TO survey and
sect;onize them would not take Them at two cents per
scrs Indeed without the risk Of exchanging the parchment
AZ our patents for the covering of our crnn,qms
we cannot secure their location. Yet Mr. walsce
- -. Ist-x~ ri TAva