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SUBTREASURY
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nois had gained upon that State under the public land system as it is. His conclusion was that ten years from this time Illinois would have no more public land unsold than Indiana now has. He referred also to Ohio. That State had sold nearly all her public lands. She was but twenty years ahead of us, and as our lands were equally salable—more so, as he maintained—we should have no more twenty years from now than she has at present.

Mr. Lincoln referred to the canal lands, and supposed that the policy of the State would be different in regard to them, if the representatives from that section of country could themselves choose the policy; but the representatives from other parts of the State had a veto upon it, and regulated the policy. He thought that if the State had all the lands, the policy of the legislature would be more liberal to all sections.

He referred to the policy of the General Government. He thought that if the national debt had not been paid, the expenses of the government would not have doubled, as they had done since that debt was paid.


Against the Subtreasury and Other Policies of the Van Buren Administration.

Speech at a Political Discussion in the Hall of the House of Representatives at Springfield, Ill. About December 20, 1839.[1]

The subject heretofore and now to be discussed is the subtreasury scheme of the present

  1. This address, the last of a series on national politics by Stephen A. Douglas, and other rising statesmen, was considered the best of all, and in response to a general demand was ordered to be printed.