I most respectfully submit whether this is a time to give away the proceeds of the land sales when the public lands constitute a fund which of all others may be made most useful in sustaining the public credit.
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I congratulate the country upon so happy a termination of a condition of things which seemed at one time seriously to threaten the public peace.
The country itself, thus obtained, is of incalculable value in an agricultural and commercial point of view.
To the Senate of the United States: I herewith transmit a letter from the Secretary of State, accompanied by copies of the correspondence asked for by your resolution of the 12th instant.
To the Senate: I transmit herewith a communication from the Secretary of the Treasury, to whom I had referred the resolution of the Senate of the 27th December last, showing that the information called for by that resolution can not be furnished from authentic data.
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