depend for supplies, we will (hare in their diilreffcs. The gentleman from South Carolina (Mr. Smith and others) considered the credit to which our merchants are admit ted in Britain as more than equivalent to the reftri&ioits we are fubjedted to by tliat nation. It is urged that the exteniive use we are admitted to make of Britilh capi tal ought to have great weight in our cf timatesof the comparative adv.mtageof our commerce with Britain. Mr. Fincjley begged Inave totally to differ with thole gentlemen in opinion ; he considered the extensive use made by our merchants of Britilh credit as a very gieat political evil, he said it promoted an unfavorable balance of trade, and enables our merchants to im port goods in greater abundance than we need, consequently our induftrv, especially in domestic manufactures is discouraged, and luxury is promoted; it is an old obser vation that the borrower is a servant to the lender. The consequence of the British credit so much boaited of is, that our merchants are many millions in debt to the manu facturers or merchants of Britain, our storekeepers are in proportion indebted to tiie merchant, and country people are ;n debt to the storekeepers for Inch manufac tures as they could have lived Well with out, and which many of them were not able to pav for. Thus credit while it en riches a few individuals occasions a ruinous fvftem of debts and bankruptcies to per vade our countrv from the cities to the most remote boundaries. But a greater evil presents itfelf to our consideration. This credit promotes a fyllem of British influence dangerous to our political security. The merchant who depends upon Britilh crcdit is necessarily under the influence of the hand that feeds him, the storekeeper is in debt to the merchant and fubjecl to his influence. And such storekeepers abounding not on ly in all the finall towns, But in every place of public resort, consequently this extensive Britilh credit is a source of Bri tish influence spread through the whole United States. He said, that since Congress met he had been industrious to procure information oil this fubjeft. He knew that before the country people expeited such regulations with anxiety, and he now knew that the merchants who were able to carry on fcufi nefs without the aid of the Britilh credit were very generally in favour of commer cial reftriftions. And that those who were not in that fitmtion were generally against them, these different principles na turally arose from their refpettive iituati- He exprefled some surprize that the gentleman from Maryland (Mr. S.) spoke of the French treaty with so little can dour ; why did he not mention the gua rantee of the Weft-Indies as a part of the commercial treaty as well as the admitting the French privateers and prizes into our ports ? The truth is neither the one nor the other were of the commercial parts of the treaty. The gentleman knew that the exertions of that nation in our behalf by their arms and their money were the parts of the treaty relative to the opening our ports to their privateers, prizes, See. He faidthe Britifhrcftri&ionsto which we were fubjeffced, the encouragements given to the hostile Indians, that was no longer a secret. The letting loose the Algerines on our commerce, a fa ft which he trusted no member would now deny. The refufing to fulfil the definitive treaty or to enter into a commercial one ; all tended to prove that this was the proper time to aflert our own commercial rights, not for revenge but felf-defence. The present embarrafled state of Europe ren dered such a measure neceflary, and en couraged the profpeA of its being effec tual. (To be Continued.) NEW-TORK, January 21 ExtraS of a Letter from a refpeflable Mer- cantile House, dated London 19th 03. " From the measures taken by your Rul ers to secure that neutrality which hat been fomelimeprofeffed and which ly the latejl ad vices you now seem seriously disposed to pre serve, the various fecurit'us of your Continent have, in this market, fnce my lajl, conjiderably advanced. Six per Crnt Stock is now at 66, threes 55, deferred 60, and U. S. Bank 104 a 105. They are however an article so Ruble to flußuation that no certain depend ence can be placed on their flability ; for were a few clouds to darken the horizon a little, they would tumble again with equal rapidity." LAW OF THE UNION. THIRD CONGRESS OF THE UNITED STATES, AT THE FIRST SESSION, Begun and held at the city of Philadelphia, in the State of Pennfylvapia, on Monday the second of December, one thousand seven hundred and niaity-three. Aji ACT making art alteration in the Flag of th: Ur. i:cr! States. BE itena&edby of Rep refer. 1 States of America, in Coa^r.' That from and after the firft .1 Anno Domini, one ihoufind J even hun dred and ninety-five, the* 'F'ag of the U nited States, be fifteen stripes, alternate red and white. That the Union be fif teen liars, white, in a blue field. Frederick Augustus Muhlenberg, Speaker of the House of Representatives. k' Ssnste ar.d Houfc irivts of the , United John Adams, Vice-President of the United States and President of the Senate. Approved January the thir teenth, 1794. G°. Washington, Prdidcnt of the United States. Depofite'd among the Rolls in the Office of the Secretary of State, Edm. Randolph, Secretary of State. PHILADELPHIA, JANUARY 23. If the substance of the Letters com municated by the Prefidtnt of the United States yesterday to Congress—as dated in yesterday's proceedings of the House of Reprefe»tatives, and publiflied this day,is justly ftatcd-the representation of the contents ot those Letters as published in the Philadelphia Gazette of last evening, is grossly erroneous. Extratt of a letter dated Havre-de-Grace Ift Nov. 1793, to a Merchant here. " You will receive intelligence of the misfortunes of France, when we (hall be no more ; the most cruel war abroad as well as inward is making among us the horideft ravages; the most tremendous famine is our profpett, God knows whe ther we shall avoid it. In this state of affairs none can mind his friends interefls, I shall do for yours what the fear of Guil lotine constantly over our heads may per mit, your indigoes and coffee are in my warehouse, 1 wish them in yours still. Our friend H. at Rouen is arrested, and con fined without known cause, the shipper of your goods from Bourdeaux is hid away, the velfel (tho' American, tho' (he brought a large cargo of provisions,) is detained and at ancho • in the Geronda, what will become of the shipper, (hip and cargo God only knows ; you are unlucky in your speculations, God grant that we may jive for each other." " Write me without reflections on the prefcnt circumstances, I dare only to add that Genet is rc-called. I fear as bad a one may be appointed without so much abilities." At a stated meeting of " The Society for the institution and support of First day or Sunday Schools in the city of Phila delphia, and the diiiricl of Southwark and the Northern Liberties," held at Sharplefs's Academy, January 14, 1794, the following persons were ele&ed officers for the year 1794, vk. William White, President. Benjamin Say, Vice-President, Charles Marshall, Treasurer. and Peter Thomson, Secretary. At the fame time James Todd, Willi am Sanfom and George Williams were chosen visitors, in the room of James Hardie, John Perot and Jacob Shoemaker, whose times in that service were expired : so that the present visitors of the Schools are Peter Barker, Tlios. Say Bartram,. Joseph Sharplefs, James Todd, William Sanfom, George Williams. Thomas Howard, Ellis Yarnall, Jefle Sharpkfs, Benjamin Say, Joseph Budd, Samuel Scotten, PRICE of STOCKS. 6 per cents, 18/2 to 18/3 10/2 3 ditto, Deferred, 11/2 U. S. Bank, 13 per cent, advance. N. A. ditto, 20 ditto ditto. Pennsylvania do. 7 ditto ditto. Congress of tbe United Stales House of Refrefeutativct, Wednesday, January 22. A letter was received from the Secre tary of ilate refpetting the cliafm in the printed correspondence between the exe cutive 6f the United States and the Britilh Miniver, informing the house that a letter from Jefferfon to Mr. Hammond, Jiad been omitted by mifhke—and encfofing a copy of said letter—Thic, it was ordered ihould be printed. A communication was received, and read, from the war-office, relative to pro posals on the part of the Creek Indians, for peace. of May, The military establishment-bill was ta ken up for a third reading—but some in accuracy in the phraseology being pointed out, it was referred to a fele£t committee ior correction, A bill for establishing a uniform fvftem of bankruptcy throughout the United States, was read the fiHt and second time, and referred to the committee of the whole on Monday next Ordered, that 150 co pies be printed. Mr. Murray moved that the House {hould take up, for a decision thereon, the report of the lelect committee on the me morial of the inhabitants of Baltimore. Mr. Giles urged the superior claim to attention of - the business relative to the commercial regulations proposed by the resolutions which have been under consi deration. Some further remarks were of fered on the motion—and then tjie ques tion being put, it passed in the negative. The house then resolved itfelf into a committee of the whole on the resolutions proposed by Mr. Madison. Mr. Trum bull in the chair. The debate was renewed, and conti nued till near the adjournment—when the committee rose and reported progress. A meflage was received from the Presi dent of the United States, communicating sundry extracts of letters received from the American Minister at London. These extracts were read—they announce in ge neral terms, that the government and peo ple of Great Britain discover a friendly disposition towards the United States; but that from their regulations in regard to neutral veflels, our trade is very much exposed—matters were however in a train to ascertain facts, and obtain redress of in juries. The letters also contain extracts from the Britilh Admiralty regulations, in regard to neutral veflels—and information that Tufcany has been compelled to aban don its neutrality in the war—that a de mand has been made by a squadron of Britifn and Spanish ships, that Genoa (hould do the fame'—that a French frigate and another veflel had been taken in the port of that Republic—that the American veflels from Philadelphia, Delaware and Jersey, were obliged to ride quarantine for 14 days. The last letter was dated No vember the nth. The felefl committee, to whom was re committed the military eflabliflimeiit bill, brought in a report of several verbal amendments—which were read and agreed to, and the bill pafled to be engrossed. A memorial was read from the dealers in painters oyl and colours, praying that an enhanced duty may be laid on similar articles imported—laid on the table. A report was read from the committee to whom was referred the cafe of sundry French veflels which took refuge in the harbors of the United States the summer past. This report, after reciting the va rious circumftanccs of the cafe, propofts a remission of the foreign tonnage duty. No decision was had on this report, when the house adjourned. Tnurfday, Jan. 23 The bill for compleating and better supporting the Military Eftablilhment of the United States, was brought in engrof fcd—the blanks therein filled up—and pa(Ted. The petition of T. Titccmb, praying compensation for services performed du ring the late war, was read—and on mo tion of Mr. Goodhue, referred to the Se cretary of War, with the accompanying papers. The petition of Jacob Johnson was pre fentcd by Mr. Heiiter praying compensa tion for public services—read, and on motion of that gentleman, referred to a fele£t committee of three members.—viz. Mr. Heifler, Mr. P. Wadfworth, and Mr. Niles. In committee of the whole, on Mr. Madison's Refutations.—Mr. Trumbull in the chair. The dtlwt* was continued till three o'clock, when the committee rele, re ported progress, and the houle adjourned* * # * Our readers will correS an error in fating the report of the committee appoint ed to report the ways and means for defraying the expences of theprojected navtd armament f—TheJiatement ought to have defigtiatedthis committee, as being specially appointed Jor this particular object. A Tetter from Baltimore to a gentleman in this city, contains the following intelli gence—That a Portuguese frigate arrived at Gibraltar, brought accounts, that the Algcrine fleet /had returned from their cruise with u fail of American vtffela prizes—Viz. four ships, five brigs and two schooners—the names of them were not then known, except that one was the Preiident, of Baltimore, and the Thomas of Boston—they have also taken three Genoese polacres. The American captains who are cap tured have Tent dispatches, to be forwar ded by the Portuguese si igate, to Meflrs. John Bulkeley and Sons. The Algerines were preparing for a fe condcruile, in which they will appear in greater force than in the firft. FRENCH LOAN. Nno-Tort, yon. I. AN obliging Corretpondent ha; tur* nifhed the public with the following state ment of the debts due from the United States to France, with the periods when the refpeftive inftalmcnts become due. o/" the French Loan from September 3> 1 793. Kfward. Interest. 3. 8?,315,J0 5. 29,629,56 '• 55.555.5° 1793 Sept, Nov 1794 Jan, 69,444.4° Sept. Nov. 22,222,20 1795 Jan 55.555.5° 55-555.5° 14.814.73 55.555.5° 41,666,60 7.4 0 7.36 55.555-5° 27.777.7° 46,296,27 13,888,80 Sept. Nov 1796 Jan, Sept. Nov 1797 Jan, Sept, 1798 Jan. Sept, Sept. 1799 Jan. 1800 Jan. 37.037.3 27.777.7 o 18,518,46 9,259,23 1801 Jan 1802 Jan. CTJ" Complaints having been tr.ade that the Southern fubferibers for this Gazette do not receive it, till the intelligence has been anticipated by papers previously re ceived by other persons; they are inform ed that the regulations at the Poll Office in this city require that Printers (hould depolit their papers there, the dav prece ding the departure of the mail; this cir cumstance gives opportunity to fonvardby Franking, Tuesday, Thursday, and Satur day Evenings' papers, and the papers of Monday, Wednesday and Saturday morn ings, on post days. I'erfons at a distance who wish to re ceive this Gazette, are ir.formcd that the terms of subscription cannot be dispensed with.—One half of the fubfeription ir.u nev, for the half-weekly paper lately print ed and circulated by the Editor to all psits of the Union, is vet doe, either from tne fubferiberj, or collectors—and an the ptlc lication of a daily paper is attended with a heavy expense—however solicitous the Printer may be to difltminate ir.tclligeru.-e, it will appear, that pel filling ill his foir. -'t plan of fending his Gazette to every prr fon who writes for it, without set tiling the fubicriptiona will prove ruinous in the extreme. The Editor most earneftlr requcSs ihofe who are indebted for his late publication, to make immediate payment —particularly those who have received the arrearages from fubfcribcrs.—Some will recollect that repeated aHurancea on this point, have uot been realized. TO BE SOLD, A large elegant House, and Lot IN an e ifliole fituat : o ■—: T c. Count' y Seat within 6 miles of iw City, with9?ces ot" land, or 42 acres of I a ret aid ire.ulow, the Hoi Yc »s not exceeded by many in the vic.nlty rc©. January 23, Principal. 2 77>777>7° 185,185,17 277.777.7° 185,185^7 2 77>777.7° 185.185,50 *77.777.73" 185,1 Sj," 7 185,185,17 2 77>777>7' J 185,185,17 22 7.777>7° 185,185,17 185,185,17 185,185,17 185,185,17 rn&th—tt'