District of Columbia shall be entitled, shall be applied to free schools, or education in some other form, as Congress may direct:Proviso. And provided, also, That nothing herein contained shall be construed to the prejudice of future applications for a reduction of the price of the public lands, or to prejudice of applications for a transfer of the public lands, on reasonable terms, to the States within which they lie, or to make such future disposition of the public lands, or any part thereof, as Congress may deem expedient.
Nett proceeds of sales of public lands, payable at the Treasury half yearly, to whom.Sec. 3. And be it further enacted, That the several sums of money received in the Treasury as the nett proceeds of the sales of the public lands shall be paid at the Treasury half yearly on the first day of January and July in each year, during the operation of this act, to such person or persons as the respective Legislatures of the said States and Territories, or the Governors thereof, in case the Legislatures shall have made no such appointment, shall authorize and direct to receive the same.
Money due and payable by this act to be first applied to payments of debts due U. S.
Proviso.
Act of June 23, 1836, ch. 115.Sec. 4. And be it further enacted, That any sum of money, which at any time may become due, and payable to any State of the Union, or to the District of Columbia, by virtue of this act, as the portion of the said State or District, of the proceeds of the sales of the public lands, shall be first applied to the payment of any debt, due, and payable from the said State or District, to the United States: Provided, That this shall not be construed to extend to the sums deposited with the States under the act of Congress of twenty-third June, eighteen hundred and thirty-six, entitled “an act to regulate the deposites of public money,” nor to any sums apparently due to the United States as balances of debts growing out of the transactions of the Revolutionary war.
Length of continuation of this act.
1848, ch. 61.
Proviso.Sec. 5. And be it further enacted, That this act shall continue and be in force until otherwise provided by law, unless the United States shall become involved in war with any foreign Power, in which event, from the commencement of hostilities, this act shall be suspended for the continuance of such war: Provided, nevertheless, That if, prior to the expiration of this act, any new State or States shall be admitted into the Union, there be assigned to such new State or States, the proportion of the proceeds accruing after their admission into the Union, to which such State or States may be entitled, upon the principles of this act, together with what such State or States may be entitled to by virtue of compacts to be made on their admission into the Union.