Believing that a measure for refunding the national debt is not necessarily connected with the national banking law, and that any refunding act would defeat its own object if it imperiled the national banking system or seriously impaired its usefulness.
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I can not but regard the fifth section of the bill as a step in the direction of the destruction of the national banking system.
It is hereby ordered that the following-described lands in California, viz: Sections 26 and 35 in township 10 south, of range 1 west, and sections 2 and 3, in township 11 south, of range 1 west of the San Bernardino meridian be, and the…
Provided, That this withdrawal shall not affect any existing valid adverse rights of any party.
The imperative necessity for prompt action and the pressure of public duties in this closing week of my term of office compel me to refrain from any attempt to make a full and satisfactory presentation of the objections to the bill.
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