Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1857-12-05

distribution, has io.assss.as principle FIR worse
than .Esir distrit6tisw 81 tAs lssd itssE ! mean
stAe, d4pi tsssyIs m, for wkAeM al the Dsmoerxie
m6enbsee Of CoH1fsss hoM I'm State ta,s eompsEd
trlku,idA ~ lDey thu lApsl dangerous to S'tes
ri A.s 3SsrsNlssld IN. IN. u ths general GOVERN
msnt becomes w.sRsA isHasr--ths States, bo'rswss
era Of their own funds, aud ~ temptation to IRE
auen, and unnecessary losNs they are not 70 pay
ntetest are eNly me'ally bound Tor the reimburse
"S S%pswss NSNH Carolina waa called upsu to-day
10 BAY back the sNM dpnast,sd IN laaa-thnt sum
constitutes her suAnul iuNa... She would w ahllged
h rvstNpv Il aF vrNaix,e, What would become Of
her ec.NMNN ssAeS sSstsM ~ th,a evenly And yet.
sss Ss . o. s' ,. St ss' with
sta,s t,ah,s and State dignity, IL however, noin'
tsssst IA 10 Nv eNAuv aud The vaaRey n never To 10
eAllsA t,N AMI Nut ~ ha refunded then democratic
paper " this State widely circulated and highly re-
spse,aelr hath MN the ability with which Il 10 con-
aasts,l and ,As Independence al liz Editors, mean
the WihNiNs,eN Ja~rssk said truly, "deposi.e Is
the NAME hia Ns distribution" and TO pretend 9TH
eFWtse h cover and deceiI
Ba. h h saia aistriAWtioa Il iapraetio,6le-that
the MeAsNrv h ueNa aud cannot be revived. The
name may be sAid 0f all measures, II no effort be
Ma,le But let 0s acc the facts. Mr.. Bennett, OF
New York, han twice introduced q distribution bull,
not very fsir In a Details into the House Of Repre-.
sen,Ntvua Once, if l am not mistaken, It passed
,ha, body. At another session It commanded tie
vote. At present, there Ia no doubt If the South
unite, bill will pass. The action Of North Carolina
could produce it in the House and in the Senate
The non landhodng States have majority. and they
are vitality interested to pass this measures and it is
not to be supposed that the present Chief Magistrate
Of the nation, who approves the building OF the Pa
cific railroad out Of the public lands, would inter-
pose the executive veto npo. q bill fairly d'stri6u-
ting among the several proprietors their common
property.
This is at this time vital question to North. Car
olina She has debt and liabilities Of near ten mil.
lions of dollars. She has system Of railroads COM
menced but not finished, aud which in their incom.
pete condition will produce revenue if they keep
up and pay their debts, while the stock of some OF
them is selling from 25 TO 80 dollars in the hundred.
The taxes upon the people amount noo to more than
five hundred thousand dollars, besides specific debts
for which certain counties have bound themselves,
and these taxes must Of necessity be still further in
creased. The people cannot for . long time bear
this taxation with their limited resources. Within
the next two years provision must be made to pay
large amount Of the principal Of the debit and this
must be done by additional taxation. or a renewed
loan. The former il impossible. No Legislature
would pass tax law TO draw in one or two years a
million and half Of dollars; and the people could
not support it if i: were passed new loan from
Peter to pay Paul is inevitable. The example hav-
ing already been set, Of borrowing at more than
per CENT by corporation in this State. she cannot
hope to issue her bonds that int eres. and effect
sale, aud il she issues them ut greater interest the
securities now out will be further deprecated. The
people have then look in the face taxation with
in the next two years of from six TO hundred
thousand dollars year. How is it to be levied In
these times Of panic and pressure it will be bur-
densome draft upon the hard earnin gs Of the people;
and greatly fear it will drive population and prop
erty out Of the State.
To the friends of extension would say, can any
sane suppose that another dolLlr will be given
by way Of State aid, to any work in progress or 10
be begun? Although \ strong internal improve
ment man myself. always favorable to 4 judicious
system. and earnestly desiring to afford to far
| cannot hope for further State aid and do not see
how the people or their representatives make it
mp. o..
TIE REMEDY
What then do propose? l propose that Con.
gress shall withdraw all the public lands in the Ter
ritories from sale for ten years: to issue land
rants in sections and quarter sections, &C., to the
governors Of the several States according to their
federal population, for two hundred millions or
Whereabouts, the number still remaining undsposed
OF in the land States, perhaps two hundred and fifty
mions-which warrants will be subject to sale like
the soldiers land warrants and located when sold by
the purchaser. This plan will get rid of the diff.
Guilty about one sovereign holding domain in the linz
its Of another and about the taxation Of these lands
by the States in which they lie, for the title will
main in the general government till the location.
The Treasurers Of the several States will hold tho
warrants in market, and new officer will be need.
ed. BY this means imnigratio will be confined to
the States, and our population prevented from scat
tering over the wilderness. Thus the necessity Of
expensive territorial governments will be avoided -
The larger expenses Of the Department If the Inte-
rlor may be reduced; and what is Of vital impor-
lance to Us, the present equilibrium Of the Sc
nate will not be disturbed by the continued intro
duction of free States
II it be said that much land thrown into the
market will become worthless l reply such is not
experience. The soldiers land warrants always
commanded fair prices, and sold readily. l do not
remember the precise amount sold in about five
years. it could not have been much below one hun.
dred millions, and during the same time railroad
companies were selling largely and the general gov
eminent also. think about twenty-seven millions
OF acres were sold in two years Of Mr.. Pierces ad
m'nstration; at this rate, it would not require ten
years TO sell the whole. Besides no State would be
disposed to sacrifice its warrants for il they could
not be sold at fair prices, they could be held as q
fund to meet the States Indebtedness, and TINS the
credit OF the State would be preserved and her bonds
kept at par; while at least enough could be sold from
year to year to make valuable sinking fund.
The government will still have left twelve hun
dred millions Of in the Territories to meet any
exgency, and long before this is exhausted we shall
probably have acquired as much more. ' =
AMOUNT OF NoKrH.C CAROLINA.
By such distribution calculate North Carolina
would receive from twelve to fifteen millions of acres
This sold at dollar an acre will yield enough
to pay her debt to double her school fund, and then
allow for extension Of railroads three Or four mil
lions of dollars. .-.. a......
Now will our people longer hesitate3 The ques-
ton is now more than eyer alive. This is the &C.
cepted and the best time. There is no organized
opposition to the Democratic party indeed there 10
but one party at the South. No harm come Of
a discussion Of this question. If = candidate were