The daily union., 1854-07-23

This sir does not all the expenses that it may
be safely asserted that than oneha the entire debt
Texas created in defending herself against the hos
tile ncursons of Indians whom you were bound by treaty
stipuations restrain to say nothing of the magpanim
which ought have been shown by great and powerful
nation towards weak regpbor struggling for liberty and
existence The damages to the republic of Texas growing
out of these transactions were incalculable
The controversy between Texas and Mexico WAS soon
settled for ai practical purposes After the battle OF San
Jacnto, the war with Mexico nominal affair
Our debt small, and had far rs Mexico con-
cerned quiet possession Of empire of the most desa-
bic lands upon this continent The United States Indians
however had possession Of large portion of the most vail
liable of them and not content with retaining that pos
session, daily committing rvages of the most app
ling character upon frontier inhabitants The prop
cry of citizens taken, shot down at the
plough, neither age was spared aud women and
children carried of into captivity far worse than
death Accounts of these rnvages found their way into
the newspapers and thousands prevented from
moving to Texas who would otherwise have done while
many who already there were induced to leave the
country.
Our debt after the Mexicans were expelled from the
country, amounted to less than million Of dollars. Our
government wus placed upon an economical iooting and
should very have been able from the sale OF our
lands to paid debts, and supported the govern
But the fact that your Indians were in possession
OF the lands added to the terror which they inspired
caused them deprecate thai they could not be sold
any price To keep up force for the defence of the
frontier large required and necessity compelled
us to make paper issues Having means to redeem this
paper its price matter of course went down. and
descended in the scale until much of commanded but ten
cents in the dollar That paper constitutes the very debt
in controversy and s here demanding its full face
value, with eight and ten per cent interest
Now sir suppose this Transaction had been between in
dviduals in place of between nations, and was before
court of Justice would not the party violating his contract
be condemned to refund the money expended by the other
in consequence of the violation of the contract well
the damages which have been sustained
shall support this bin, as il is TO he submitted to Texas
for her approval rejection There Is now in the treasury
of the United States s. in bonds bearing an interest
of five per cent redeemabe fourteen years from their date
which was in 1850; four years interest is now due.
these bonds are allowed TO run maturity there will
then be due upon them S350000o interests this, added TO
the $1,000 900 of principal would make Ss5ooO00 the
proposed be appropriated now in payment OF these
bonds
had intended sir if this bill had come up at an earlier
day of the session. have offered amendment providing
that board Of commissioners the officers OF the treasu
ry should be authorized and required to take testimony
and ascertain and pay the amount which may be found
justly and equitaby due to Texas account OF the nuia
ncursions upon Texas But sir have not time now to
investigate this subject fully as it may be desirable The