Gazette of the United-States. (New-York [N.Y.]) 1789-1793, April 06, 1791, Page 807, Image 3

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    plaint with him, and some others is, that they think
themselves injured because their institution was
not made the Bank of the United States ; and an
appeal is made to the finer feelings of the human
heart to decide on their merits and services.—
Thisaddrefs to the passions is offered as a fubfti
tute for reafoii and argument in a queltion of
national policy ! The author however has but fol
lowed theexampleof "The Observer," whose
performances are a play upon the fancy, rather
than an appeal to the judgment of his readers.
It is not contended that the Bank of North-
America did not render eflisntial services to the
United States in the mod: critical periods of the
•war ; but was not this their duty—was it not the
end and design of their creation, on being paid
for it ; and does it appear that they have 101 l
any thing by the bargain—orthatthey have been
disabled in the service ? If they have fuffered in
their property, they fliould be reimbursed with
intereft —if their corporation has been ellentially
injured, they are intitled to a gratuity.
But fay the friends of the State Bank, " we
had a continental charter."—The Secretary of
theTreafnry observes in his report, " That they
" liavefince accepted and acted under anew char
" ter from the State of Pennsylvania, materially
« variant from the original one ; and -whichfo
" narrows the foundation of the injlitrtfion, as to ren
" der it 'an imcompetent basis for the extcnfive pur
" poses of a national bank." Hence he recommends
an eftablifliment upon different principles—and
the former is left toftand as it was. But the Se
cretary at the fame time, gives it as his opinion,
that every reasonable facility fhonld be given to
a consolidation of the Bank of North-America,
•with the Bank of the United States, upon terms
not injurious to the parties concerned, provided
the former would come forward with proposi
tions.
We are told the proposed Bank " did not want
for refpeiXable authorities opposed to it at its
birth, and that it is believed, their reasonings
are such as will bear the teftof time." If obser
vations of this kind are to have any weight, it
might perhaps be answered with equal truth, that
many of the friends and advocates of the Bank
of the United States are also entitled at lead to
refpetfl ; and what is of more consequence, the
refutation of the arguments of some of them has
not yet been even attempted.
Some of the jjentlemen are diflatisfied because
their inilitution was not made the foundation to
build upon ; but a broader basis was thought ne
cellarv ; and a quefrion might arise who was to
accommodate, the general government, or the
Bank of this State. This much however is cer
tain, that if it had been proposed to ingraft up
on the old according to the principles of the new,
or in any other way, but such as might be dila
ted by theprefent Bank, the clamor would have
been much louder than it is at present : So diffi
cult—nay (o impossible is it to please all parties.
LONDON, February IS—24.
THE meeting of Parliament opens a new field
for political disquisition. It now becolhes
our province to mark the progress of National
business : to animadvert upon the condutfiofour
Legillators; and to weigh with minute regard
the measures to be pursued by our Miiiifters in
the present position of affairs.
The high and consequential (late which Bri
tain has retained in the scale ofEurope, together
with the profpei'ous and flourifhing situation of
our domellic concerns, are circumltances so ob
vious, that he who laboursto disprove them mufl
willingly err againlt Reason and Truth. These
are themes which, when touched upon, must a
waken the mod torpid feelings of patriotic re
gard, and which in all his reflections, conclusions
and anticipations mult strongly influence the
mind of the candid Politician :
The great progress made in the reduction of
the National Debt mud afford to every per Jon in
terested in the support of public credit, the moil
sincere gratification.
For the fatisfaftion of our readers, we (hall
particularize the amount of the whole capital
sum redeemed by the commiflioners for the li
quidation of the National Debt, on the last day
of January I 79 1
3 per Cent. Consols
3 per Cent. Reduced
Old Sourh Sea
New South Sea
South Sea i 757
This ftim with the Interefl. of the capital sum
redeemed, is regularly added to the annual
million.
How rapid, by this system, nuift be the dimi
nution of the National Debt, may be easily cal
culated ; bow much it has already tended to the
eftablifhmentof i'ublic Credit, is universally felt,
and joyfully acknowledged.
Since the edabliihtnent of this ftfM,
*>il)ion, it mulV be admitted, has been borrow-
Ed by the Minister; but when that is deduced
from the above fnm, the furplns isftill great.
The expences of the late Armament, it will
readily be recolleifled, are provided for diilincl
from the great niaf<i of the National Finance.
The policy of this arrangement was loudly ap
plauded by men of all parties. It indeed ftrpng
ly enforces its own panegyric.
It is inconceivable how sanguine even yet the
Partizans ot Royalty remain : the other day an
officer in the King's regiment affirmed, that in
two months, M. Mirabeau would not be in exist-
ence
NATIONAL ASSEMBLY.
Feb. 3. Mr. Mirabean, the P.refident, feemsto
unite the fuffrages of all parties, by an exercise
of this office, marked by a severe equity, and a
difmiftal to all perlonal prediletflions.
Feb. 4. After forae local regulations, of frnall
importance, deferring consideration of the To
bacco business, they circumscribed Paris, within
33 pariflies.
Organization of Juries.
The following articles were amon? those im
porrant in this great work.
The judges pronounced aloud their opinions
commencing with the youngest and finifhing at
the president.
If they differ in the application of the law, the
mildest is preferred. If more than two opinions
divide the body, they call upon the Judges of the
diftriA to conipofe their differences.
The text of the law is read previously upon
which judgment is pi onounced. After sentence,
three days are allowed for the demand of cefTa
tion. If tliis be admitted, it mull be fonnded
upon violation of forms, nullity in the instruc
tion, in the judgment, or the application of the
law erroneously,
Such demands are to be decided within a
month after their reception.
It was observed, with some degree of reproach,
that so great a proportion of this AlTembly (hould
be members of the law. The censure seems to
have been idle in the extreme; they are mod
likely to frame aperfedt constitution, whose (In
dies have been confined to the legal limitation of
general and particular rights.
D O V E R, (N. H.)March 17.
We hear from Candia, in this state, that a
few days ago, two horses in a double sleigh, broke
from their faftenings, and ran with great preci
pitation down a certain street in that town, but
were soon met by a double and a single sleigh,
with youngperfons inthem, of both sexes, going
on a party of pleasure—they turned out on each
fide to give them room to pass, but just before
the sleigh got to them, one of the runners ttruck
a log, and Iheer'd the horses diredily over the
double sleigh in which were the young people ;
by which accident one young woman was killed,
and a number more badly wounded, one ofwhich
has since died—ln going over one of the runners
caught one of the near horfe'shind legs and broke
it, which immediately turned it to the other fide
of the street wfiere the other single horse stood,
and ran agafnft him with such force as drove the
tongue of the sleigh into his bowels, which kil
led him instantaneously—all of which was ac
complished in a few moments.
BANK OF THE UNITED STATES.
AThoufand leagues of Ocean roll between
These tranquil States, and Europe's tiojb'.ed scene
Divided thus—sure nature's God defign'd
This land—th' Asylum of the free-born mind.
Here shall an independent empire rife,
Concentring from all climes the just and wife ;
By innate principles expand its name,
Nor owe to foreign politics its lame.
On this Idea, federal wisdom plann'd,
The Nation's bank—that bulwark of the land ;
Nor Anglois, Francois, or the Cage Mynheer
.Shall in our schemes of Finance interfere,
The States as one agree, that this is right,
Tho' pigmy politicians rave and write.
Philadelphia, April 6.
Extratf of a letter from a gentleman in London, da
ted January 1791.
" The interest of Mr. Pitt must incline him
to peace, and yet I am fearful that his policy
will deceive him, and ihortly plunge us into a
war. He has got out of the Spanilh scrape with
honor ; but by infilling upon so much, 1 fufpe<ft
that he has piante - * the feeds of a future war in ]
the proud bread ot the Don. He and Prussia mean
to bully and terrify the Empress out of her con
quells, tind into fucli a peace as they fiiall ditTtate.
The Northern Elizabeth does not seem to be
frightened, but to set them at defiance. She has
secured the King of Sweden by aiiling generously
| by him, when he was nearly down, and his al
lies could not give him timely assistance. It is
thought that the British council is attempting to
buy off the King of Denmark with large promi
fea. He is scarce of so forgiving a fpii it as to
have forgotten how they threatened him and
made him defilt from joining the Empress agaii.ft
£ 2,7??,800
1,878 4?o
1,091,100
807,000
2 42,000
£ 6,772,350
one
807
PARIS,
Swedeti ; or so young in politics as rot lieai tify
to unite with Ruflia and Sweden, 10 keep a fo
reign fleet out of the Baltic. The Britilh nation
owes the Empress a grudge for the armed neu
trality, and therefore are glad to promote an
armed mediation to humble her: But if fhewill
not give way, and they press on, they may find
theinfelves plunged into a war not only with the
three Northern powers, but Spain and others,
who may think it high time to pull down the
overgrown and overbearing navy of Great-Britain.
The German Emperor will not lose the friend
fhip of the Empress. Holland will rather look
on, and buttle without doing much.
EAST-INDIA INTELLIGENCE.
ON the 23d May last, the Mahrattas, assisted
by the Ealt-India company's troops, gained a sig
nal vicftory over Ifhmael Beg, a country power,
with whom the Mahrattas are at war.
The army ot Ifmael Begconfiftcd of 25000 foot,
and 20000 liorfe, besides a great number of ele
phants, camels, &c. The conquerors took 100
pieces of cannon, ij elephants, an innumerable
number of camels, 100 pair of colours, and the
enemy's whole baggage—and the morning fol
lowing the vi«flory, 7 battalions, and 10000 irre
gulars laid down their arms : This great victory
was gained with the loss of only 700 men killed
and wounded.
The British military eftablilhment in the East-
Indies, according to a return made the firft of
January 1790, amounted to 8039 men—Tippo
Saib's, to 155,230.
Accounts from Paris, via London, of 24 Jan.
fay, that some German troops had entered Fiance
on the fide of the Maes and the Rhine—inftaut
preparations were made to fend 10000 volunteers
after them.
The spirit of revolution has manifefted itfelf
in Hungary, Vienna, Spain and Bavaria: The
discontents in Vienna are occasioned by thedear
nefs of provisions—the scarcity is however tho't
to be artificial.
While some accounts from France inform, that
the clergy are conforming to the new regula
tions, and taking the civic oath with great cor
diality—others fay, that they are very lefraiftory
in many of the provinces—so that it isextremelv
difficult to form any fettled opinion on the fub
jetft.
According to an estimate published in the Ge
neral Advertiser of Monday last—it appears that
4992 Dozen ot wool cards are made in this city,
annually—an important branch of manufactures !
The imposition of this article has longiince
ceased—and in a very Ihorc time that offhoes of
every kind must also cease.
On the 31ft ult. departed thislife, at Elizabeth
town, in New-Jersey, MATTHIAS OGDEN,
Esq. late a Brigadier General, in the army of the
United Stares.
MASSACHUSETTS SKM
State of the Wheel, 5,
In the Wheel.
i of
« of
3 " f
4 of
5 of
20 of
58 of
59 of
77
87 of
120 of
149 of
547° of
10000
3000
2000
1000
s°o
200
100
5°
40
3°
20
10
8
6055 Prizes in the Wheel
12245 Blanks in do.
18300 Tickets undrawn.
6700 Do. drawn.
25000
PRICE CURRENT— PUBLIC SECURITIES
FUNDED DEBT. i|
6 pr. Cents 16/1 o. 17/2. ?*•£• 88 pr. cent.
3 P r - Cents 9/ 45 do.
Defcred 6 pr. Cents 8/11 $/! 45 do.
UNFUNDED DEBT.
Final Settl.and other Certificates 13/9
Indents g/".
N. and S. Carolina debts. 12/2 157!
ARRIVALS at the PORT of PHILADELPHIA.
Brig Benjamin, Brookhoufe, Bristol, 35 days.
Do. Walterftorff, Ofmon, London, 38.
Ship Birmingham, Kerr London, 33.
Do. Dublin Packet, Davis, Dublin, 30.
Brig Galen, Edie, London, 58.
Do. Bctfy, Potter, Virginia, 6.
Do. Margerett, Codman, Boston, 4.
Ship Manchester, Williams, Liverpool, 33.
HENRY KUHL,
HEREBY gives public notice that he discontinues to negoi
ate in the Funds on CommifTion.
Philadelphia, April 5. 2f.
BETWEEN this city and New-York, on the poll road, two
'bundles containing the Gazette of the United States—No,
82—defi ned for New-York and Bolton. As they can be of no
u»e, but a* waste paper, exccpt to the Subfcnbcrs, manyo£wl»om
keep files ot that publication, any perlonwho can give informa
tion to the Editor, To that the whole or any part of ihem may be
recovered, iball receive a jjeneroui reward. The two bundles
contained 300 papers.
.I-ANNUAL LOTTERY.
Saturday March 26.
Prizes drawn,
of 1000
of 500
of 200
of 100
of • 5 o
of 40
of 30
of so
of 10
of «
F
2
5
10
28
3>
23
33
4'
5'
2115
2333 Priaes drawn
4367 Blanks do.
6700 Tickets drawn.
78 J do.
44
LOST,