The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-26
Sale OF the Maine L.ands.

The public very recently surprised by the appear
at twenty oays notice. all tie public lands Of the com
monwealth situated in the State of Maine amounting to
about eighteen hundred thousand acres comprising
tracts Of territory Of which covered by their
native forests exceeding in extent third part of the en-
tire area Of the of Massachusetts These
lands are all that remain to this State Of is patmony
OF public lands which was assigned to 1t the division
OF the public property when maine into
been offered for eale bid or bids made on twenty
days notice In the opinion Of the Land Agent x
and S
proved by the Governor and Council
We learn unofciay, that the sealed proposals for tho
purchase Of thee lands opened Tuesday last and
that the principal proposals were IS follows =
Governor Hubbard, on behalf Of the State Of
Maine. (for which be pledges the faith of the
Theophiu: Gushing Of frankfort and Robert G. ''''
Mss.as Jswets and March, General S. r. Hers.y,
Of Bangor, Dudley Hall, Of Medford and John
The Peoples Company consisting Of Rufus Dwin.
ell Daniel w Bradley Isaac Farrar, Waldo 7.
Pierce. Col John Goddard. E. g. Cce (for him
self John VIM and others Dudley r. Lea
Wit Daniel Lord SfoE himself and S1,; Amos M NJ
himself and George W Pickering Major Il as
tiDgs Strickland, Franklin Adams George W.
Smith Leonard Jones samuel Blake. Geo
ID. Weston, A. Hsyford, all from Bangor and its
vicinity, Geo. W. Stanley, and Judge Coney,
treasurer. Of Mo } Of Aug usta, Hon Shepard
Cary, Of Houlton John B. Gilman, Elbridge
G. Dunn and joshua Dunn, Of the Arooetook,
Stephen Emerson, and George NJ Chase Of CO.
ne.sr. nc C,pus Clark and "a William Mocr '
Lis. Of Bangor and Thomas Howe Esq OF
Az ebese offer: were on annual Interest PAYABLE ten
per cent cash per cent in and the balance
in twenty equal instruments of five cent each,
With M r, INT H
the security Of the land and timber until paid The
highest oer amounts !. years TO tho sum OF
abb ut two snd hslf millions Of dollars.
Besides the above there were several lower bids for 500
tons.
The excitement created was very great the prscipA
hotels being filed during the week and the Rotunda of
the state House at the expiration Of the hour for reoev
ing the sealed proposals. being thronged by the anxious
Several persons were present with their sealed propo
sails but old put them in owing to the high rates Of
ples bid would greatly overtop ali others The actual
capital represented by the bidders is estimated in the az
gregate ~ over five millions dollars
The Commissioners TO sell the lands III the aoyernsr
and Council approve) are
Hon Amsss Walker Secretary Of ststs
Charles b. Hall Esq, Treasurer OF State.
David Wilder, Jr, Eco Auditor
Adam w. Thaxter Jr., Esq Boston
Philo Leach Esq Of Bridgewster
Hon. Samuel Warner Jr., Land Agent.
We publish the above We have received It from our
informant presunng that Il Is from an entirely authsn
nissoners have made upon these offers what course
the Governor and Council will take In relation to them
the state Of Mane has made the Offer Of $500 0oo We
have been informed from another that this offer
Is made By the Executive Of Maine with the very proper
reservation that the State win be bound by only the
condition that shan be ratified BY the Legislature Of
the State, which will assemble the hrst Wednesday
should have been fixed for this important sale Of land
ct date which precauded an! previous action Of the
Legislature Of MaiKs the subject.
appears to US Q very improvident proceedlng on the
part Of the State government to dispose Of this valuable
1t Ia very unwise policy to hasten such property into
market at any price, 1t Is Of immense public benefit to
have such tract Of forest lands In to be grAdu
ally taken up By actual settsrs and FOR the supply Of
timber to the country for instead OF throw
r into the hands Of to Be forced into the
market and converted into money soon as possibs
Looking merely at the sum Of money to be realised
which We regrd Is secondary consideration We are OF
opinion that rger amount Of sales woud b
obtained by retaining the lands until demanded by the
advancing settlement Of the country than BY the pro-
posed Wholesale disposition Of them
But the lands must pass into other hands than those
Of the government Of this Il appears TO
Ms far preferable that they should become the poo
perry OF the State Of Maine than that they should
be sold At TO individual purchasers or private
companies. There ere rome reasons for supposing
that they may be more judciously managed and dis
already like property In lands than II they CONTINUE
ct preeent under the control Of tue two States The
State Of Maine the sole would probably bs able
70 manage them under better system than has been
IDENTIFY Of eeoh othsr At any rate they will be able to
act system which viii embrace msTely the ques
ton q immediate pro6t, but this general and permanent
interests Of the State which win be identical with thoss
Of the whole community. saE92 =
NEW RESERVOIR IN PHILADELPHIA "A new
reservoir connected with the Phlsdsehis wstsr works.
bad the Let into Il for the time 22d inst
foot OF the banks IL IL 57ok feet long, and 2sek feet
vide encoeins Of square feet Its dimsn
sions at the surface Of the water when filled ~
ceres. When full is capacity IL 10 feet depth contain
nj or ruhir feat