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Daily National Intelligencer
Washington, District Of Columbia
What is this article about?
A bill reported in the U.S. House of Representatives authorizes commuting soldiers' bounty lands to money at $1.40 per acre, potentially providing $50 annually for four years instead of a lump sum; veterans advised to wait. Annual Treasury Report expected next issue.
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TUESDAY, DECEMBER 9.
It will be seen, by reference to the Proceedings of the House of Representatives, that a bill was yesterday reported to authorize the commutation of soldiers bounty lands for money, at the rate of one dollar and forty cents per acre. As it is at least possible, if not probable, that this bill will pass, let the sober and discreet soldier of the late Army hold up his patent. Instead of fifty dollars for his hundred and sixty acres, if the bill passes into a law, he will get fifty dollars a year for four successive years. This is a prize which will well repay the patience of waiting its award.
We expect to lay the Annual Treasury Report before our readers in our next paper.
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Domestic News Details
Primary Location
Washington
Event Date
Tuesday, December 9
Event Details
A bill was yesterday reported in the House of Representatives to authorize the commutation of soldiers bounty lands for money at the rate of one dollar and forty cents per acre. Soldiers of the late Army are advised to hold their patents, as passage could provide fifty dollars a year for four successive years instead of fifty dollars for hundred and sixty acres. The Annual Treasury Report is expected in the next paper.