yhole Xo. 087 Tarborough, (Edgecombe County, X. C.J Saturday, Lctcmber 23, 1837- Vol. XIII JVo. si ffif "Tarborouzh Press,11 jU' GEORGE HOWAKD, I diiMie I weekly at Ttco Dollars and ri!.C'.i Pr year, if v. in ailvaiire 'jkrte lh)lldrs at Jlie expiration of Hie 'l, rijii"'1 vear. Tor any period le vesr, Tunf fiet. Ctn's per month. fbcri"hers aie at' liberty to disr.oiilwme timi, on giving nodce thereof and ,l '', a,,enrs those residing at a dis "must invariably pny in advance, or responsible reference i tbis viriiuty. 'lU-PftiseimMit not exceeding 1G lines '"nth (,,r H square) will be inserted at the first insertion and C" cfs. each ifc'ceni ..nit unlike Longer ones ut tbat rate ''' ferv square, Advertisements must i lsvkeJ llie mi;u,er f ineition requi- j" J, they will le continued until other FC onire' a,u fna,ee accordingly. ' r, pressed to the Editor mnt be :. i!v,prlliey may not ue attended to. PRESIDENT'S MESSAGE. continued.) It was my hope lhat nothin it! late miuonai ianii. i Here are circumstances, however, con nected with the presetit state of its jtnirs 1l1.1t bear so directly on the character of the Government and e welfare of the citizen, that I 11.... C. .1 - li- I s!U)j uoi icei uiyseti e.uuseu in needing to notice them. The charter which terminated its bank- March, 1336, continued its corpo rate powers two years more, for the sole purpose of closing its af fairs, R'ili) authority "to use the corporate name, styfe and capa cliv.for the purpose of suits for a id settlement arid liquidation of the affairs and acts of the corpo ris, and for the sale and dispo ses of their estate, real, person 2! and mixed, but for no other frcpeorin any other manner wtaever." Just before the forfog privileges ceased, its ef- jkUwwe transferred by the bank Uaueiv Slate institution then re riatly incorporated, in trust, for tbe discharge of its debts and the 'ettlement of its affairs. With this tuilfce, by authority of Congress, 3Q adjustment was subsequently -aie of the large interest which . t i - 'United States have given val e- Ihe two years allowed are w nearly at an end. It is well Rerstood that ihe trustee has not raed and cancelled ihe out- pnding notes of ihe bank, but i... L ret. ssued, and is actually reis- c since the 3d of March, eAthe notes which have been t(ived by it to a vast amount. cording to its own official dement, so hiP ihp n.-ii nf tober last, ninptppii months nf- ;'lJie banking privileges given Jwe charter had expired, it had "r its control uncancelled notes late Ii ink of the United 1,1 U 8,4 unuars, ol which six C?5 lle m,ntlreil a,1(l seventy .fjiusand eight hundred and .'0ie dollars were in actual "anon, one million four hun- anl SiltV-pirrht ilmnsrmfl nt l.le tank agencies, and thrrP l!0nstwo thousand three hun ai'U ninptv Hall ii, i - -.7 o hi, ii uiioii- 1Us showinnr tl .'"ions and a half of the -i,01 the old bank u pi e I hen kePt iiict..wwr,.w, ri'i. n. 1 -iiiuiut. x lie nil- l-ciy ot ll his proceedure is ob- tta I'VI u;u0 -"b c uy 01 me ) H IPInrr 1 1 . .1 T . 1. - . o cancpl Hurt ii.i in t-v.ii ). v IIIMUIIUUII. rttrhl b" " issue uirse notes now. I In I . . can see no reason why ii may not continue lo do so after ihe expira lion of the iwo ye'ars." As no one could have anticipated a course so extraordinary, the prohibitory clause. of the charter above quo led was not accompanied by any penalty or other special provision for enforcing it; nor have we any general law for the prevention of similar acts in future. But it is not in this view of the subject alone that your interposi tion is required. The United States in settling with the trustee for their flock, have withdrawn their funds from their former di rect liability to the creditors of the old bank, yet notes of the in stitution continue to be sent forth hi its name, and apparently upon the authority of the United States. The transactions connected with fjulJ occur to make necessary, I the employment of ihe bills of the c;1 tins occasion, any allusion lOuld bank are of vast extent: and should they result unfortunately, the interests of individuals may be deeidv COinorotllied. With-' - - , - - ....... out undoi taking to tlecide how far, or in what form, if any, the trus tee could be made liable for notes which contain no obligation on its part; or the old bank, for such as are pul in circulation after the ex inj privileges on the fourth of Epilation of its charter, and With it,.,.!, lOlfi onnhiinu.l It I . i out its authority; or the govern ineni for indemnity, in case of loss, the question still presses itself upon your consideration, whether it is consistent with duty and good faith on (he part of the Govern ment, lo witness this proceeding without a single elforl to arrest it. The report of the Commissioner of ihe General Land Office, which will be laid before you by the Secretary of the Treasury, will; show how ihe affairs of lhat office have been conducted for the past year. The disposition of the pub lic lands is one of the most impor tant trusts confided to Congress. The practicability of retaining the title and control of such extensive domains in the General Govern ment, and at ihe same lime admit- tinr ihe Territories embracing Government had in the slock ; them into the Federal Union as llie institution. The manner coeouals with the original Slates. I n which a trust unexpectedly was seriously doubted by many of i paled upon the act granting ihe our wisest statesmen. All feared ; wirier, and involving such great: that they would become a source P'jlh interests, has been execu-'of discord, and minv carried their A would, under any circum-' apprehensions so far as to see in j aces, be a fit subject of inquiry; ! them the seeds of a future dissolu- 111 touch more does it deserve tion of ihe Confederacy. But hap- .t attention, when it embraces j pily our experience has already i"'Erele(nj)iion of obligations to j been sufficient to quiet, in a great McMlie authority and credit ofi degree, all such apprehensions. I'he position, at one lime assum ed that the admission of new States inlo the Union on the same looting with the original Slates, was incompatible with a right ol soil in the United Stales, and ope rated as a surrender thereof, not withstanding the terms of ihe com pacts by which their admission was designed to be regulaled has been wisjely abandoned. Whether in ihe new or ihe old States, all now agree that the right of soil to the public lands re mains in the Federal Government, and jhat these lands constitute a n r ni m nil nrnnertv. to be disoosed les to the amount of twenty-of for the common benefit of all ;:;!n millions five hundred and ! the States, old and new. Acqui 'J ne thousand eight hundred escenre in this just principle by llie people of the new btates has na turally promoted a disposition to adopt the most liberal policy in the sale of the public lands. A policy which should be limited to the' mere object ofSelling ihe lauds for the greatest possible sum ol money, without regard to higher considerations, finds but few ad vocates. On ihe contrary, it is generally conceded, that whilst ihe mode of disposition adopted by the Government, should al ways be a prudent one, yet its leading object ought to be tht? early settlement and cultivation of the lauds sold; and thai " ;v:eiK:,.lH j, hadtiiMlertakenldiscounieuanrc, if it cannnf pre If the tvueke has a vent, ihe accumulation of brg. tracts in the same bands, which must necessarily re;ard the growth of the new States, or entail upon thenra dependent tenantry, and its attendant evils. A question embracing such im portant interests, and so well cal culated lo enlist the feelings of the people in every quarter of the Union, has very naturally given rise to numerous plans for the im provement of the existing system. The distinctive features of the po licy that has hitherto prevailed, are, to dispose of the public lands at moderate prices, thus enabling a greater number to enter into competition for their purchase, and accomplishing a double ob ject of promoting their rapid set ilement by the purchasers, and at the same lime increasing the re ceipts of the treasury, to sell for cash, thereby preventing the dis turbing influence of a large mass of private citizens indebted to the Government, which they have a voice in coniiolline: to brin ihpfii into ni:nl;rt no I'-ictoK !... - .......... .... IHOIH I II 11 II good lands are supposed to be wanted lor improvements, thereby preventing the accumulation of large tracts in few hands; and to apply, the proceeds of the sales to the general purposes of the Gov ernment; thus diminishing the amount to be raised from the peo ple of the States by taxation, and giv ing each Stale its portion of the benefits to be derived from this common fund in a manner the most quiet, and at the same time, perhaps, the most equitable, thai can be- devised. These provi sions, with occasional enactments in behalf of special interests deem ed entitled to llie favor of ihe Government, have, in their execu li on, produced results as beneficial upon ihe whole as could reasona bly be expected in a matter so vast, so complicated, and so exci ting. Upwards of seventy mil lions of acres have been sold, the greater part of which is believed to have been purchased for actual settlement. The population of the new States and Territories created out of the public domain, increased between 1800 and 1630 from less than sixty thousand to upwards of two millions three hundred thousand souls, constitu ting, at the latter period, about one - fifth of the whole people of the United Stales. The increase since cannot be accurately known, but the whole may now be safely estimated at over three and a half millions of souls; composing niue States, ihe representatives of which constitute above one-third of the Senate, and over one-sixth of the House of Representatives of the Uniled Stales. Thus have been formed a body of free and independent landhold ers, with a rapidity unequalled in the history of mankind; and this great result has been produced without leaving any ihing for fu ture adjustment between ihe Go vernment and its ci'izens. The system under which so much has been accomplished cannot be in trinsically bad, and with occasion al modifications, lo correct abuses and adapt it to changes of circum stances, may, I think, be safely trusted for ihe future. There is, in ihe management of such exten sive interests, much virtue in sta bility, and although great and ob vious improvements should not be decliued, changes should never be made without the fullest examina tion, and the clearest demonstra tion of their practical utility- In the history of ihe past, we have an assurance that this safe rule of action will not be departed from in relation to the public lands; nor is it believed lhat any necessity exists for interfering with ihe fun damental principles of the system, or that the public mind, even in ihe new States, is desirous of any radical alterations.- Oil the con trary, the general disposition ap pears to be, to make such modifi cations and additions only as will the more effectually carry out the original policy of filling our new Slates and Territories with an in dustrious and independent popu lation. The modification most perseve ringly pressed upon Congress, whichjias occupied so much of its time for years past, and will pro bably do so for a long lime to come, if not sooner satisfactorily; adjusted, is a reduction in the coii of such portions of the public lands as are ascertained lo be un saleable at the rale now establish ed by law, and a graduation, ac cording to their relative value, of the prices at which they may here after be sold. It is worthy of consideration whether justice may not be done to every interest in this matter, and a vexed question set at rest, perhaps for ever, by a reasonable compromise of con flicting opinions. Hitherto, after being offered at public sale, lands have been disposed of at one uui- form price, whatever difference there might be in their intrinsic value. The leading considera tions urged in favor of ihemea-: sure referred to, are, lhat in al most all the land districts, and particularly in those in which the lands have been long surveyed and exposed to sale, there are still re maining numerous and large tracts of every gradation of value, from the Government price downwards; that these lands will not be pur chased at the Government price, so long as better can be conveni ently obtained for ihe same a mount; that there are large tracts which even the improvements of ihe adjacent lands will never raise to that price; and that ihe present uniform price, combined with their irregular value, operates lo pre vent a desirable compactness of settlement in the new States, and lo retard ihe full development of lhat wise policy on which our land j system is founded, lo the injury j not only of the several States : where the lands lie, but of ihe U .niied Slates as a whole. y The remedy proposed has been a reduction ol prices according to the length of time the lands have been in market, without reference to any other circumstances. The certainty that the cfHux of lime would not' always in such cases, and perhaps not even generally, furnish a true criterion of value; and the probability that persons residing in ihe vicinily, as ihe pe riod for the reduction of prices approached, would postpone pur chases they would otherwise make, for the ptirpose of availing them selves of the lower price, w ith olh er considerations of a similar cha racter, have hitherto been success fully urged lo defeat the gradua tion upon lime. May not all reasonable desires upon this subject be satisfied with out encountering any of these ob jections? All will concede the abstract principle, thai the price of the public lands should be pro portioned to their relative value, so far as that can be accomplished without depariing'from the rule heretofore observed, requiring fixed prices in cases of priv ate en tries. The difficulty of the sub- i. . i .i .. . r jeel seems lo lie in ine moue 01 ascertaining what lhat value is. Would noi the safest plan be that which has been adopted by many of ihe States as the basis of taxa tion an actual valuation of lands, and classification of them into dif ferent .rate? Would it not be practicable and expedient to cause the relative value of the public lands in-the old districts, which have been for a certain length of lime in -market, to be appraised, and classed into two or more rales below the present mimimum price, by the officers now employed in this branch of the public service, or in any other mode deemed pre ferable, and to make those prices permanent, if upon the coming in of the report they shall prove sat isfactory lo Congress? Cannot all the objects of graduation be accomplished in this way, and the objections which have hitherto beeu urged against it avoided? It would seem to me that Such a step, with a restriction of the sales lo limited quantities, and for actual improvement, would be free from all just exception. N By the full exposition of the value of the lands thus furnished and extensively promulgated, per sons living at a distance would be informed of their true condi tion, and enabled lo enter into competition with those residing in the vicinity; the means of acquir ing an independent home would be brought within the reach of many who are unable lo purchase at present prices; ihe population of the new Slates would be made more compact, and large tracts would be sold which would oth erwise remain on hand; not only would the land be brought within the means of a larger number of purchasers, bul many persons pos sessed of greater means would be content to settle on a larger quan tity of better lauds. Such a mea sure would also seem lo be more consistent with ihe policy of the existing laws lhal of converting the public domain into cultivated farms owned by their occupants. That policy is noi best promoted by sending emigration up ihe al most interminable streams of the West, to occupy in groups the best spots of laud, leaving immense wastes behind them, and enlarging the frontier behind the means of ihe Government to afford it ade quate protection; bul in encoura ging it lo occupy, wiih reasonable denseness, the territory over which it advances, and find its best de fence in the compact front which it presents to the Indian tribes. Many of you will bring lo the consideration of the subject the advantages of local knowledge and greater experience, and all will be desirous of making an early and final disposition of ev ery disturbing question iti regard to this important inteiest. If these suggestions shall in any degree contribute to the accomplishment of so important a result, il will af ford me sincere satisfaction. In some sections of the country mot of the public lands have beeu sold, and the registers and receiv ers have very lillle to do. It is a subject worthy of inquiry wheth er, in many cases, two or more districts may not be consolidated, and the number of persons em ployed in this business considera bly reduced. Indeed the lime will come when it will be the true policy of ihe General Government, as to some of the Slates, to trans fer to them, for a reasonable equi valent, all the reftise and unsold lands, and to withdraw the machi nery of the federal land offices al together. All who take a com prehensive view of our federal sys tem, and believe lhal one of.its greatest excellencies consists in in terfering as little as possible with the internal concerns of the Slates, look forward witji great interest to this result. A modification of the existing laws in respect to ihe prices ol the public lands, might also have a favorable influence on ihe legis lation of Congress, in relation to another branch of the subject. Many who have not the ability to buy at present prices, settle on those lands, with ihe hope of ac quiring from their cultivation ihe means of purchasing under pre emption laws, from lime lo time ri . i passed by Uongress. r or irns encroachment on the rights of ihe United States, they excuse themselves under the plea of their own necessities; the fact lhat they dispossess nobody, and only enter upon the w aste domain; that they give additional value lo the public lands .in iheir vicinily, and iheir intention ultimately to pny the Government price. So much weight from lime to lime has been attached to these consideration, that' Congress have passed laws giving actual settlers on the. pub lic lauds a right of pre-emption lo the tracts occupied by them al the minimum price. These laws have in all instances been retrospective in iheir operation; but in a few years after their passage, crowds of new settlers have been fouil on the public lands, t for similar reasons, ami under like expecla lioiu, who have been indulged with the same privilege. This course of legislation tends 'to im pair public respect for the laws of the country. Either the. laws lo prevent intrusion upon ihe public lands should be executed, or, if lhal should be impracticable or in expedient, they should be 'modifi ed or repealed. If the public lands are to be considered as open 10 be occupied by any, ihey should, by lau.be thrown open lo all. That which is intended, in all instances, to be legalized, should at once be made legal, lhat those who are disposed to conform to the laws may enjoy at least e qual privileges with lliose who arc not. But it is not believed lo be the disposition of Congress lo open ihe public lands to occupancy without regular entries and pay ment of the Government price, as such a course must tend to worse evils than the credit system, which 11 was found necessary to abolish. It would seem, therefore, lo be the part of wii.dom and sound policy lo remove, as far as practicable, the causes which produce intru sions upon the public lauds, and then take efficient steps to prevent them in future. Would any sin gle measure be so effective in re moving all plausible grounds for these intrusions as the graduation y of price already suggested? A short period of industry and eco nomy in any part of our country would enable the poorest citizen to accumulate the means lo buy him a home at ihe lower prices, and leave him without apology for sa iling on lands not his o;u. If he did not, tinder such ' t ircumstan ces, he would enlist no sympathy in his favor; and the laws would be readily executed, without doing violence lo public opinion. A large portion of our citizens have seated themselves on the pub lic lands, without authority, since the passcge of the last pre-emption law, and now ask theenactmeui of another, to enable them lo retain ihe lands occupied, upon the pay ment of the minimum Government price. They ask that which has been repeatedly granted before. If ihe future may be judged of by the past, little harm can be done to thn interests of ihe treasury by yielding to iheir request. Upon a critical examination, il'is found lhat the lands sold al the public sales since ihe introduction of cash payments in 1 820, have produced, on an average, the nett revenue of only six cents an acre more than the minimum Government price. There is no reason to suppose that future sales wjll be more produc tive. The Government, there fore has no adequate petuniary interest to induce it lo drive these people from the lands ihey occu py, for ihe purpose of selling them to others. Entertaining these views, I re commend Ihe passage of a pre emption law for their benefit, in connection wiih the preparatory steps towards the graduation of the public lands, and further and more effectual provisions to prevenpin trusions hereafter. Indulgence to those who have settled on these lands wiih expectations lhat past legislation would be made a rule for the future, and at the same .1 c