The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-08-09

claims against United States for aocoun. Of said
Mr.. UNDERWOOD. being entitled TO the floor, said !.
Before proceed would like 10 ask question OF The
Presiding Odicer wish TO know whether am permit
led 70 80 On AND nnsn ny or whshe under the
the special order n reference 10 California;
The PRESlDEAT:, Certainly not gsq...
have 10 say this morning. il caa do il to relieve nv
self from The dsagreeable interruptions OF speaking III.
teen minutes this morning. and 50 on fifteen minutes on
each successive morning, until get through. Y
Mr.. u. then proceeded with and concluded his re-
marks upon the general subject OF The bill THE speech
being Withheld M for revision, viii appear hs.eaf'er
drew them at the requestof
| Mi. PEARCE, who moved verbal amendment in the
44h line simply substituting "fourth" Tor smith = which
Mr. p then moved to amend the 5ih section by striking
out all after the word Provided and inserting the fol-
lowing;
That no more than Ave millions OF said stock shall be
until the creditors Of State. holding bonds and
other certificates of stock OF Texas which duties
ay Of s as. Of al clam against he
United States for or account OF said bonds or certi
Of the Treasury and approvedby President Of the Uni
ted States.
Mr.. P. sad The object Of this amendment is double
desire to correct verbal in the first place, and in
the next place to stale specifically that in addition to the
bonds Texas had issued certificates Of stock There is
also provso which shall give the Secretary the power
r
Mr. UNDERWOOD. | rise to say that ought to
have stated that In the bonds which issued except
the million loan, the lands OF Texas were generally
pledged TO pay the bonds AT one time there was law
OF Texas authorizing the receipt OF these bonds and these
certificates, in payment for lands. at so cents per acre
and at Later time they were receivable for lands at the
prohibiting the acceptance OF them in payment for lands
even We an acre That according 10 my examination
Of their legislation is the present law in relation TO them
| will repeat, that may be understood
MIR. FOOTE raised the point OF order that this was not
the question a :, Z before z; pre-, the Senate
lucky in ORDER the question being in relation to these
Mr. UNDERWOOD repeated the statemen, he had
made appealing 10 the senators from Texas to correct
Nh PEARcE. Mr.. President, do not see what effect
this is to have upon the amendment have offered, or
that the amendment have offered wonld be rendered at
all improper account OF this action OF Texas II af
fecs the bonds receivable in the lands OF Texas and that
is all There is no change proposed by the amendment
Of the President may prescribe the form Of the release
hope ~, t 1hs sTsnS%s nn will prevail
way: fyou going to redeem these land bonds, the
question is, at what price stated the facts in order to
see il the legislation OF Congress would not nix some
price in amendment. AS am against the bill, of
course I do not make the suggestion OF price. But
ought you not to say at SO cents, at ~, or at some
price II Texas, on account OF the depreciation OF her
price, will you take the original price Of so cents
That IS the question, and that is the reason mentioned
| the matter.
Mr.. PEARCE. | do not propose to redeem land bonds
at all II is money bonds for which the customs
pledged II matters not at what price Texas, through
her legislation, subsequent to their issue. agreed to re-
OF money, and if Texas had passed thousand acts
of legislation, il would not affect it in the slightest degree
heyae not land bonds which propose to redeem
but money bonds. They money bonds, and nothing
else and upon whatever they may be received q,
their land Offices in payment for lands, it does not at all
affect their character as money bonds for the redemption
af vh al ais M me nj urnv
MIR. ATCHlSON have never yet, sir, been satisfied
that this under the slightest obligation TO
redeem to pay any part oil the debt OF Texas Ii was
my understanding, when Texas annexed. that this
matter entirely OF her owns that the government OF
the United States expressly renqushed 70 her all clam
to the public lands within her limits and expressly dsa-
vowed any purpose of paying any part Of her debt Am
not rght Then, sir, should like TO have the senator
from Maryland or some other SENATOR explain and show
TO me- and the Senate and the American people, IN what
the obligation on the part OF this government exists TO
pay any part Of that debt. Ii there be none. ask the
senator from Maryland whether he does not compcate
this question by prescribing terms 10 Texas III we are
10 purchase lands of Texas-if to buy out her
claim title such she has to these landset do
enoush o Us ali her title snd A Clam 1s to the Territory
mentioned in the bill OF the senator from Maryland, then
let The United States pay her ten millions, some other
that may be designated and leave il 10 Texas TO dis
pose of the purchase money either in the payment Of her
Just debts, in works of internal Improvement, or
otherwise, she pleases AT the same time i is entirely
unnecessary is compcatng the matter, without effect
ing anything whatever presume Texas will pay all
her just debts without the United States making any APP
plcaon TO her in this In any other bill For my own
part an opposed purchasing oil the territory
Of Texas Ii is true, did vote 10 sustain proposition in
the bill commonly called the omnibus bill. to that effect
but for the purposes o buying Texas lands i,
part OF my purpose 70 deprive Texas OF acre
of the broad OF her claim from the mouth the
headwaters Of the Rio Grande but voted for the propo-
son for the purpose Of buying peace was willing to
pay large sum for the purpose OF settling this whole
question: and thought il would be cheap IL we bought
peace and tranquility at any price in dollars and cents II
Texas has good title TO the extent OF her claim, the
United States has use for her land There
is not shadow OF necessity for having her public
domain, much less her jurisdiction. II Texas has good
claim TO this territory then We, the people OF the United
Staes should not be taxed money should not be drawn
from our treasury buy lands that belong TO ourselves
or a, least that do not belong to Texas.
This is the view take oil the subject was willing,
for thesake Of buying peace and settling the whole
ton not only TO vote ien but IL necessary, twenty mil.
lions OF dollars But, sr will not vote dollar for
the purchase OF OF land in the State OF Texas
am willing, and have always been willing TO surrender
10 her every inch to the full extent OF her claim. S.
Mr. PEARCE Mr.. President. the remarks OF the SEN
ator have application to the proposition which sub
med There in the bill provision for issuing stock,
and there is provision 10 the bill for limiting the Issue
OF that stock under the circumstances there mentioned
The object OF my amendment is perfect that proviso
II the motion had been 10 strike out all that part OF the
bill which relates the issue OF stock his remarks would
iinue his opposition when my object only TO perfect
what is already in the bill nei, 1853
| Mr.. ATCHISON. Will the senator allow me | as
sure him that did not intend TO throw any obstacle In
his way; and desire that the remarks have made may
apply when The proposition 10 made 10 strike out that