A Compilation of the Messages and Papers of the Presidents. Volume 5, part 3: Franklin Pierce
History
A Compilation of the Messages and Papers of the Presidents. Volume 5, part 3: Franklin Pierce
Pierce, Franklin, 1804-1869; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
We have been carried in safety through a perilous crisis. Wise counsels,
like those which gave us the Constitution, prevailed to uphold it. Let
the period be remembered as an admonition, and not as an encouragement,
in any section of the Union, to make experiments where experiments are
fraught with such fearful hazard. Let it be impressed upon all hearts
that, beautiful as our fabric is, no earthly power or wisdom could ever
reunite its broken fragments. Standing, as I do, almost within view
of the green slopes of Monticello, and, as it were, within reach of
the tomb of Washington, with all the cherished memories of the past
gathering around me like so many eloquent voices of exhortation from
heaven, I can express no better hope for my country than that the kind
Providence which smiled upon our fathers may enable their children to
preserve the blessings they have inherited.
MARCH 4, 1853.
SPECIAL MESSAGES.
WASHINGTON, _March 21, 1853_.
_To the Senate of the United States_:
In answer to the resolution of the Senate of the 17th instant,
respecting certain propositions to Nicaragua and Costa Rica relative to
the settlement of the territorial controversies between the States and
Governments bordering on the river San Juan, I transmit a report from
the Secretary of State and the documents by which it was accompanied.
FRANKLIN PIERCE.
WASHINGTON, _March 21, 1853_.
_To the Senate_:
The eleventh article of the treaty with the Chickasaw Indians of the
20th October, 1832, provides that certain moneys arising from the sales
of the lands ceded by that treaty shall be laid out under the direction
of the President of the United States, by and with the advice and
consent of the Senate, in such safe and valuable stock as he may approve
of, for the benefit of the Chickasaw Nation.
The report of the Secretary of the Treasury of the 15th instant,
herewith transmitted, shows that the sum of $58,100 5 per cent stock,
created under the act of 3d March, 1843, now stands on the books of the
Treasury in the name of the Secretary of the Treasury, as trustee for
the Chickasaw national fund. This stock, by the terms of its issue, is
redeemable on the 1st July next, when interest thereon will cease. It
therefore becomes my duty to lay before the Senate the subject of
reinvesting this amount under the same trust.
The second section of the act of 11th September, 1841 (the first section
of which repeals the provisions of the act of 7th July, 1838, directing
the investment of the Smithsonian fund in the stocks of the States),
enacts that "all other funds held in trust by the United States, and the
annual interest accruing thereon, when not otherwise required by treaty,
shall in like manner be invested in stocks of the United States bearing
a like rate of interest."
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