The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1851-12-12

Dy Inc SIale OF Texas, u 10 plo''HSN ""'
the "Uni,eL States shall pay TO the State OF
Texas the sum Of ten millions OF dollars, IN
stock bearing five per cent. interest, and
redeemable at the end Of fourteen years.
the interest payable hall gerry, al the
Treasury Of the United States"
In the same section OF the law It - inr.
ther provided "lhat no more Ihan I'VE
millions OF said stock shall be issued unit
the creditors of the State hodIn. bonds and
other certificates OF stock of Texas. for
rhich duties on imports acre specially
pledged, shall frs, file at the Treasury OF
the United States releases Of all claims
against the United States, for or on account
Of said bonds or certificates, in such form
as shall be prescribed by the Secretary OF
the Treasury. and approved BY the Presi
dent o. the United States"
The form Of release thus provided for
has been prescribed by the Secretary Of the
Treasury, and approved. 1t has been pub.
lished in all the lealin. newspapers in the
commercial cities OF the Unltel States, and
all per.ons holding claims Of the kind
specified in the foregoing provisn were re-.
CURED to tie lhsir releases On the form
lnus prsscrbel) in the Treasury Of the
CH'td S'alts' y" ~ '''o'e '"S 49, "f VI
oc'oher' lc'l. AHHoH7N 'N'S p"0 ,ca''n
has been continued 'FSM me -o'A CAV o.
Nla'cN' l3'i'Net w 10 '"e ~ - S-I'oe'
last compAia'''e'' 'e" ,r'e'seS "'' os'"
MED 'y me cTeti'oF> o. lrNas'
Inc au'Nof!'tsS ~ ne H'''e o, isN's Al
Inc 'tq1ss OF '"e @e''t,"'! " t'r .s' 'tI
~, nave 'ufnSN'u a ""'e oI '"e pun Z
neo' oil maj sac cfea,'" ''O' " "st aus
m'>s'oh mo ne o"'o"' wa e'tN VI '"'
laws uhue' ""F" cay" e''Ss was eo"-
traced ,...-,,,
nave rom me "oEu"'en's 'u'"'s'''U w
'he SAFE "' leA'S' "''s'',''"e" we ''''SeS
OF CLAIMS WA'c" !" NV NJ 'n'"' '''' ",'"'"
me provisions o! vac "S' Oh Congress u '"e
9'n u 'eP'e''lHe'' 'oo',
VA "s'ns o,n''''E n!o,'''u ~ '"e nc
csP"ance uy ie""s % Va, P''''S'''o"S
coA'a''eu IN 'ne ac' 'e'e''su TO- ! c'use"
'"e s'oeN 70 'e PIE t''''H' ''" VIC ~
millions whlch ale 10 Ne sSueu uhco"d'-
uonaIy' bearing an 'n'e'fS' o. nv" per GEM
from le ia! OIL 'an""'E, lSy'' nave
been tor some liIhe READY W Ne ue"'e'eu 'o
the Stale OF leSaS. i"e au'not'''es o
Texas. up 10 Inc present unie' nave no
authorized any one TO receive inns stock
and l'remains IN The treasury Department
subject TO the order OF leNas.
Inc releases, required uy law 10 De "e
posted IN the Treasury, not having been
tlled there, Inc remaining 1--WE ml''Iohs nave
no, been issued. ms iaS' amount OF Inc
stock Will oe Withheld rom leNa- uh'il me
conditions upon winch Il is 10 be de'lVefet
shall be complied WIN by 'he rteui'ors o
that ate, unless Congress shaii Otherwise
direct by modItcalion OF The law.
IN my last annua! message. TO Whlch
respectfully reer, stated briefly the reas'
ons winch lnduceu me 10 recommend
MODIFICATION OF the present larlH, OV con
verlng the advaIo'em INTO spaclhc duty,
wherever the article IMP 'rted was OF Such
character as to permit II, and mat sich u
discrimination should be made. IN laVor oil
lie inGu''ritl Pulso"s OF our own country
as TO encourage home production without
excluding fofelgG competition.
The numerous frauds which commune 10
be practlsed upon the revenue, by Ialse
invoices and undervalua'ions, constitute an
unaoswerahle reason tor adopting sp'c'hc
instead OF ad valorem duties IN all cases
where The nature OF me COMMONLY uoe'
not forbid II. n st'lklnG i'ius'!"',o"
these Irauhs Will be exhibited IN me h-por
OF the Secretary oil the treasury SHOWN!
the cuslom.house va'ua'ioh OIL ar'Ic'e'
imported under lormer law suo!ec' Il
SPECIFIC duties when mere was no lnuuce
ment TO underValua'loh' anu Tue cus'o,''
house valuations OF Inc same arlcies, u""e
the present system OF al va'"rem du"es, 81
greatly reduced as 10 l'aVe no douo' OF ,h'
existence OF the most tiagrant abuses unue!
the existing laws. This pract'ca' evas'o'
of The present law. combined win 'he
languishnG condition oil some OF Inc srea
interests OF the country. CAUSED by owe
imporIa'ions and consequent depressed
prices, and win the failure IN obtaining
foreign market Tor our increasing surplus
hreadstuiis and provisions, has induced M
again TO recommend modItlca'lon oil IN
existing tarlff.
The report OF the Secretary oil the in'e
rior. which accompanies TINS communlca
ton. will present condensed statement o
The operations OF that important department
Of the Government.
1t will be seen that the cash sales OF IN
public lands exceed those oil the precedin
yenr, and tina, there Is reason 10 antlclpat