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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By adopting that measure the United States will be in the exercise of an undoubted right.
The responsibility of deciding this question is now devolved upon you.
To the House of Representatives of the United States: I transmit to the House of Representatives a report from the Secretary of State, with documents, containing the information requested by their resolution of the 26th ultimo.
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