hope may be indulged that the country may once more return to a state of
prosperity. Measures auxiliary thereto, and in some measure inseparably
connected with its success, will doubtless claim the attention of
Congress. Among such, a distribution of the proceeds of the sales of the
public lands, provided such distribution does not force upon Congress
the necessity of imposing upon commerce heavier burthens than those
contemplated by the act of 1833, would act as an efficient remedial
measure by being brought directly in aid of the States. As one sincerely
devoted to the task of preserving a just balance in our system of
Government by the maintenance of the States in a condition the most free
and respectable and in the full possession of all their power, I can no
otherwise than feel desirous for their emancipation from the situation
to which the pressure on their finances now subjects them. And while I
must repudiate, as a measure founded in error and wanting constitutional
sanction, the slightest approach to an assumption by this Government of
the debts of the States, yet I can see in the distribution adverted to
much to recommend it. The compacts between the proprietor States and
this Government expressly guarantee to the States all the benefits which
may arise from the sales. The mode by which this is to be effected
addresses itself to the discretion of Congress as the trustee for the
States, and its exercise after the most beneficial manner is restrained
by nothing in the grants or in the Constitution so long as Congress
shall consult that equality in the distribution which the compacts
require. In the present condition of some of the States the question of
distribution may be regarded as substantially a question between direct
and indirect taxation. If the distribution be not made in some form
or other, the necessity will daily become more urgent with the debtor
States for a resort to an oppressive system of direct taxation, or their
credit, and necessarily their power and influence, will be greatly
diminished. The payment of taxes after the most inconvenient and