PROPOSALS,
»Y TH*
Insurance Company of North America.
t'or In sun anc e againlV Firi, on Dwelling-
Houses, W we-Houfes, and other Buildings (and
on Goods contained in such Buildings) diftantfrom
Philadelphia, in the United States.
I. Commoß lufurancef, on hazards of the firft
jclafs, will be undertaken at a premium of ahout
halt per cejit. per annum. For extra hazardous
rifques a larger premium will be required, which
will vaiy according to fcldom ex
ceeding one per cent, per annum ; but in some in
ftanecg, where the property insured is not only in
itfelf extra hazardous, but rendered still more so
by the vicinity of extra hazardous buildings and
occupations, the premium demanded will be raised
according to circumstances.
Heufes and Ware-Houses, the walls and parti
tions of whioh are wholly of stone or brick, well
cunftru&ed, so as to be guarded as well as may be
ag*inft fires from within, and tree trom extra ha
zardous buildings and occupations in their
borhood, will be deemed hazardous of the firft
class, and may be insured to their full value.
Also Goods and Merchandize, not of an extra
hazardous kind, in calks, bales, or packages, de
posited in such build'ngs, to an amount not ex
ceeding 4000 dollars ; but if more than this sum
is required to be insured in one tenement, an adih.
tiognJ premium will be required, in proportion to
circumstances.
11. Insurances will also be made onbuildingsand
goods extra hazardous, at premiums proportioned
to therifque. But it is not easy to arrange these
un ler particular heads or classes, so as to defenbe
each with the neceflary accuracy. Each cafe mult
therefore he decided upon accordingto the circum
stances a'tvnding it ; and these circumstances wi 1,
in general, appear front the description accompa
uy/ng e application.
Suil lings partly conftrufled of brick or stone,
are preferable to those wholly wooden. And in
both cases, the stile of building, how they are oc
cupied, how they are situated, the neighboring
buildings, and how occupied, are confederations to
be taken into view. And withrefpedt tegoods,
their tendency, whether from their nature, or
from the manner in which they are exposed, ether
to commence or to increase an accidental fire, and
their liability in such state to receive damage by
wet, or by sudden andhafty removal, or to be sto
len in time of confufion and hurry, are alt cir
cumstances of weight ; and the premiums must be
proportioned accordingly.
111. The following conditiont are to be under
stood by the parties .
ift. The Insurance is nit bindingtill the stipu
lated premium be paid ; but it (hall be deemed ef
fectual trom the time of such payment and accep
tance thereof, whether the policy be immediately
signed or not.
ad. Insurances may be renewed at the expira
tion of the term of the policy, without furt'nerex
penfe* than the payment of ths premium of the re
newed term,the circumftancescontinuing the fame
as they were understood by the Insurers atthe time
the former ir.furahee was made ; but the payment
of the premium is eflential to such renewal; and
if the party insured fuffers any time to elapfc after
the expiration of the former insurance, before he
pays a premium for the renewal, he is not insured
during such time ; nor can the insurance be renew
ed ou the former policy but by computing the
eommencement of the renewal from the expiration
of the former insurance. The (übjeA of iofur
ance may ne/erthelefs be open to treaty for a new
insurance.
3d. If any other insurance be made on the fame
property ; it must be made known at the time of
application, otherwise ,the policy made 011 such ap
plication will be void.
4th Goods, held in trust, or on consignment,
rway be insured as such in a separate policy; but
they are not te be considered as insured otherwise.
sth. This company will not be liable or accoun
table for any loss or damage occasioned by any for
eign iftvafion, orbywiy mili»ary or usurped force-
Or by poafon of any civil commotion ; or occaGon,
ed by gunpowder, aquafortis or other thing of th
like kind kept in the building, or amongst the pro
perty insured.
6th. Bills of Exchange, Bonds and other Secu
rities, Title Deads. Money, Bank and other pro
m-iftery Notes, are not included in any insurance ;
nor are paintings, medal", jfcvels, gems, antique
euriofitics, or mirrors exceeding the value of twen
ty-five dollarseach, to be considered as insured une
less particularly mentioned aed by fpecialagree
nunt.
7th. No insurance will be made for a fborter
term than one year, nor for a longer term than se
ven yeirs. Persons choofwg to infsre for seven
years (hall b eallowed one year's premium by way
of difeount: One third of a yrarspreniium (hall
be abated in like manner on an insurance for
tUiee years.
Bth. Lofles sustained by fire on prof erty insured,
(hall be paid in thirty days after due proof and li
quidation thereof, without deduftion.
A description of the property to be infurod will
b4 cjpe&e'd with *ach application, to, be made by
a mister carpenter and signed by him, as well as
hy tha owner of the bailding ot applicant for in
surance, and attested before a Notary or principal
Magistrate, who will certify his knowledge of the
parties and their credibility.
With relpett to Houses and other Building!,
ift. The site and position; describing the
fti-eet or road on or near which the building
ltands ; its contiguity to water, and other cir
cumstances relative to the extmguifh -nt of fire
in cafe of accident; and particularly whether
any ahd what fire companies are eftablilhed, and
engines provided, in the place or neighboufhood.
2d. The materials of which it is built, whe
ther of brick, stone or wood, and what part of
•ach, as well as to the outside Walls as inside or
partition walls, and their refpeflive height and
thfeknefs; the style of the roof and of what
materials; howfecured by battlements or par
ty walls ; what'kind of access to the top of the
hbufe and to the chimnies ; whether any and
what ele&rie rods ; the number and kind of
fire phses ; and the kind of deposit for allies.
3d. The dimensions of tl)e building and how
divided, and the style in which it is finifhed lb
as to enable indifferent persons to judge in what
manner it is te be repaired or rebuilt in cafe of
injury; the age and condition of the building,
and how occupied, whether merely as a dwel- j
lirtt; house, or for any other, and for what pur- I
pole ; also an estimate of the value of the houi'e
or building independent of the ground.
4th. The situation wkhrefpcil to other build
ings or back buildings, whether adjoining or
not, comprehending at least one hundred feet
each way : what kind of buildings are within
that distance, how built, of what materials,and
how occupied or improved, whether as dwel
lings for private families or otherwise : whe
ther any and what trade or manufactory is tar
ried on, and particularly whether there be any
extrahazardous articles used, or usually depo
sited in the hoiife, or within the distance afore
faid, and of what kind.
Refpeiil'n; goods in Houses, Warehouses, ic.
1. \ general description cf the building in
which they ar^-kept will be expefteii, fimilarin
all refpcoJs, as to the danger from fire, with
(hat required for Infti'ance 011 the buildings
♦Jiemfelves.
1. A description of the kinds and naU're of
•Ve goods, whether in caiks or other packages,
er opened ; and whether displayed in whole
pieciis or in the usual form for retailing. And
if the goiids vary materially In kind, a general
estimate of the value of each kind propoled to
be infureil ; but in the last particular minuteness
of description is not expefled.
3. Articles of {he following kinds aredeem
ed extra-hazardous, though in various degrees,
in whatever building they may be placed, viz.
pitch, tar, turpentine, rosin, wax, tallow, oil,
inflammable spirits, sulphur, hemp, flax, cot
ton, dry goods of an inflammable kind, opcn-
I ed.—Glafc, china ware or procelain, especially
unpacked ; Looking glasses, jewelery ; and all
other articles more than commonly inflamma
ble, or more than commonly liable to injury by
sudden removal or by moistures, or particularly
obnoxious to theft on an alarm of fire.
Letters port paid, direfledto the Secratary of
the Board of Dire&ors, will be duly attended
to. An ot-der for Insurance accompanied hy the
means of paying the premium, will be imme
diately executed on the premium being paid.
If the application contain an enquiry only, it
will be answered.
By order of the Board,
Ebenezer Hazard, tec'ry.
Office of Insurance Company of North ?
America; Pkilad. Tel. 1, 1798. j
feb 1
"proposals,
FOR CARRYING
Mails of the United States,
On the following roads, "will te received at the
General Pofl-Office, until the 13 th day
of February next, inclu/ive.
Philadelphia by Bristol, Trenton,
x Princeton, New-Brunfwick, Wood
bridge, Raway, Klizabethtown and Newark to
New-York fix times a week.
From May I to November I.
Leave Philadelphia every day (Sunday ex
cepted) at l P. M. and arrive at New-York in
nineteen hours, the next day (Sunday excepted )
by 8 o'clock, A. M.—Returning ; leave New-
York every day (Sunday excepted) at I P. M.
and arrive at Philadelphia in eighteen hour* the
next d-ay (Sunday excepted) by 7 A. M.
From November 1 to May 1,
The mail is to betaken from Philadelphia at
the fame hour and delivered at New-York by
9 A. M. in to hours ; and is to be taken from
New-York at 1 P. M. and delivered at Philadtl
phia at 8 A. M. in nineteen hours.
id. From Philadelphiaby Chester, Wilming
ton, Newport, Christiana, Elkton, Charleston,
Havre-de-Grace and Harford to Baltimofe, px
times a week. Leave Philadelphia every day
(sunday excepted) at 9 A. M. and arrive at Bal
tim®re in ij hours, the next day (sunday ex
cepted ) at noon Returning; leave Balti
more every day (f«nlay excepted) at 4A. M.
a;-id arrive at Philadelphia the next day by 9
A M. in 17 hour.'.
3d. From Baltimore hy Blade (burgh,
VVafhington and Georgetown, to Alexandria
fix times a week!
From April j to November 1.
I.eave Baltimore eveiv day (sunday except
ed) at 4 A. M. and Alexandria the
fame days by 6 P. M. Returning —Leave Al
exandria every day (sunday excepted) at 4
A. M. and arrive at Baltimore the fame day by
4 o'clock P M.
From Navmnber 1 to April t.
Leave Baltimore every (fay (sunday except
ed) at 4 A- M. and arri»e at Alexandria the
next day (sunday excepted) at BA. M. Re
turning—Leave Alexandria every day ( sunday
txcepted) at 5 P. M. and arrive at Baltimore
the next day (fu"nday excepted) at P. M.
4th. From Philadelphia by Downingtown,
Lancaster, Columbia, Y->rk, Carlisle, Ship
penflvirg, Strafburgh, Bedford, Somerset and
Greenlburgh to Pittsburgh once a week. Leave
Philadelphia every Saturday at 4 A. M. arrivi
at Lancaster in the evening, arrive at York on
Siiinfiy noon, at Rhippenlburg on Monday, at
6P. M. Leave Shippenfturg on Tutfday at
4 A. M. and arrive at Pittfburg the next Fri
day at 10 A. M. Returning—Leave Pitts
burgh every Friday at 3 P. M. and arrive at
Khippenfburg the next Monday by 6 P. M.
Leave Shippenlburg on Tuefdayat 4 A. M.and
arrive at Philadelphia the next Thursday by 8
P. M.
Note 1. The contrails for the above rogtes
are to be in operation on the firft Jay of April
next. The contradl9 for the routes No. 1, a»
3, are to continue in operation until the firft
day of Oflober in thsyear 1800 ; and the con
tra'fl for the route No. 4 is to continue until the
firft day of October in the year 1801.
Note 1. Fifteen minutes (hall be allowed for
opening and closing the mail at all offices on the
routes where no particular time is fpecified.
Note 3. For every fifteen minutes delay (the
impafiibvlity of rivers excepted) in arriving af
ter the times prescribed, in any contrail, the
contra&or (hall forfeit one dollar j and if the
delay continue till the departure of any depend
ing mail, whereby the mail* destined for such
depending mail tofe a trip, an additional for
feiture of five dollars (hall be incurred.
Note 4. If any persons making proposals de
sires an alteration of the times fpecified he must
state in his proposals the alteration desired and
the difference it will make in the terms of his
contrail.
Note 5 The tifual psnalties for mUcondud)
in the carriers will be ftipulatod in the corjtratfl.
Note 6. The mail on the route No. 1, (hall
be carried in a Sulkey during three months of
the wister season, having a box or eheft to se
cure the mail from rain. The mails on that
route during the reft of the year and the routes
No. 2 and 3 (hall be always carried in a light
box fnfficient to defend it from the rain, or a box
within the body of the stage.
JOS. HABERSHAM, P. M. Ge*era\
General Poft-Ofiice, }
Philad. Jan. 1, 1799. 5 eo6w
DISTRICT OF PENNSYLVANIA, TO WIT
BE IT REMEMBERED,
THAT on the tenth day
L. SM of December, in the twenty third
year of the Independence of the U
nited States ef America, JOHN
. LAMBERT of the said Diftrifl, hath deposited in
• this office the title of a book, the right whereof he
. claims as author in the words following, to wit:
1 " A (k®rt and pradical Essay on Farming ; be
| " ii;g the experience of a farmer of about sixty
. " years of age, near forty years of which were
_ " spent in England, Eftex eounty, on land where
" (arming is done in the great eft perfection,
, " and near feren years on three hundred and
" twenty acres oi worn-out land in Pnttfgrove and
" Alioway creek, in Salem, county, West-Jersey—
" Shewing the means whereby these worn-out
lands may be improved, and that the means arc
" in the power of almofl every farmer."
In conformity to tha aft of the Congress of
the United States, intituled " An a& for
the eaconragementof learning, by fecsiring
> the copiei of maps, charts and books to the
authors and proprietors of such copies du
f ring the terms mentioned."
» D. CALDWELL.
Clerl of the Dijlriii of Pennsylvania.
'.l jaw4w
A Farm for Sale.
WILL be fold, in purfuaroe of an order ol
Orphans Court of Delaware county, on
Monday the 15th February next, at the hoult
of W. Anderi'on, in the Borough of Chelter,
atone o'clock, P. M.
THE PLANTATION,
Late the property of Raper Hofkins, deceased,
situate in the laid Borough, containing about
■ »io acres, of which between 43 and 50 acres are
I excellent upland and marsh meadow ; about 40
acres of woodland ; the remainder is arable
, land, of a good quality —The whole has been
. nfed for many years as a grazing farm and is un
der an almost new cedar fence j there are on the
: farm a good two flory stone dwelling house and
kitchen in good repair ; the dwelling house has
. four rooms on a floor, with a convenient entry ;
there is a good kitchen garden, tw®good apple
orchards, one containing about fix acres young
arid healthy; a good tenant's house, barn,
{tables and chair house. The banks are in
good repair, and walled in front with stone.
Alfa at the fame time and place will be fold
15 acres of marsh meadow, in the neighbour
hood of th; farm, under good bank, and in
high cultivation. Any person defirows of view
ing the premises, will be ftiewn them by ap
plying in Chester to
ELEANOR HOSKINS, Admin'x.
January 18, 1799-
Who desires all those indebted to the lite R.
Hnfkins, to make immediate payment, and
those who have demands against his estate, to
prefisnt them to her for fettleraent.
Jj>3awtdf
PROCLAMATION.
WHtRE AS the honorable John D Cox*,efq,
President of the Court ol Common Pleas, and
of the Courts of Over and Terminer and General
Goal Delivery, in the firft Circuit, confiding of trie
city and county of Philadelphia, and the counties of
Bocks, Momgorfieryand Delaware, Wm, Robirifon,
the younger, Jonathan Bayard Smith, and Reynold
Keen, efqutres, Judges of the Court of Common
Pleaj, ai.d Justices of the Courts of Oyer and
Terminer and General Goal Delivery, in the
said county of Philadelphia, have jflued their Pre
cept hearing date the ißch day of January* 1799,
to n* dire6led, for holding a Court of Oyer and
Te<*j?ner and General Goal Delivery, at the State
houic in the said City of Philadelphia, on the 18th
day of Feb'nary next
Notice is hereby given to the Mayor, Recorder and
Aldermen of the City of Philadelphia, and to all the
JuHiccs of the Peace, the Coroner, and Constables
within the fame City and Counties of Philadelphia,
that they be then ar.d there, ja their own proper per
sons, with their Rolls, Records, Inquifitiors, Exam
inations and other Remembrances, to do those thincs
which to their offices in th.?t behalf appertain to be
done. *nd also all those who will againft
the Prisoners that are or shall be in the Goal of the
City and County of Philadelphia, are to be then and
thereto profeeute against them as shall be just.
JONATHAN PENROSE, sheriff-,
God save tbe Common-Wealth.
Jan. 14. law
DISTRICT OF PENNSYLVANIA, TO WIT ;
BE IT REMEMBERED,
r , 7 THAT on the twelfth day
V / of August, in the twenty thir4 J*ar of
4 the Independence of the United State« of
America, Benjamin Smith Barton, of the said dif
tricl, hath drpofited in this office the title of a
book the right whereof he claims as author in the
words following to wit :
"New Views of the Origin of the Tribes and
" Nations of America—By S#njamin Smith Bar
" ton, M. D.Corr«fpondent Member of the Socie
" ty of the Antiquaries of Scotland, Member of
" the American Philosophical Society, Fellow of
" the American Academy of Arts and Scisnces of
" Boston, Corresponding Member of the Mafia
" chufetts Historical Society, and Profeflor of
" Materia Msdica, Natural (-liflory and Botany
" in the Univeriity of Pennsylvania."
In coi.formky to the ail of the Congress of the
United States, intitled " An ait for the encourage
ment of learning by securing the copies of maps,
charts,and tiooks, to the authors and proprietor,
of such copies during the times therein mentioned.'i
SAMUEL CALDWELL, Clerk, Dili, of Penn'
November », 1798.
~ ~A~N ACT,
Limiting the time within which claims against
the United States, for credits on the bocks of
the Treasury, may be presented for allowance
BE it enafled by the Senate and House of Re
prefentati-ves of the United Statel of Ameri
ca, in Congress ajjembled, That all credits on
the books of the Treasury of the United Staaes,
for tranfaflions during the late war, which,
according to the course of the Treasury have
hitherto been dlfcharged by ifiukig oertifitates
of registered debt, (hall be forevei barred and
precluded from settlement or allowance, ynlefs
claimed by the proper creditors, or their legal
representatives, on or before the firft day of
March, in the year rne thousand seven hundred
and ninety-nine. And the Secretary of the
Treasury is hereby r«quired to cause this Ail to
be publiflied in one or more of the public papers
of each state.
(Signed) JONATHAN DAYTON,
Speaker of tbeHenfe of Representatives.
THEODORE SEDGWICft,
President of the Senate. Pro. Tem.
Approved July 9, 1798.
JOHN ADAMS,
President of the United States.
December 13. w t ill Yar.
January Iyd, tjqy.
IN pursuance of a resolve of the
President and Managers of the Delaware and
Schuylkill Canal Company,
1 The Stockholders are hereby notified and re
quired to pay ten dollars on each of their ref
peflive (har:s of stock, on or before the firft
day of March next, to the Treafuterof the
Company at their office near the Bank Of Penn
sylvania.
Extra& from the minutes,
GEORGE WOHRALL, Sec'ry.
WILLIAM GOVETT, Treafursr.
jan. 75. frfa4w.
Country Seats for Sale.
7 T w O Seatsatconvenientdiftanccs from Phi
j -IL ladelphia, each eompi iling perfedf accem
. modation and conveniences of every kind for a
1 genteel family—For particulars enquire of
n EDWARD tioNSALL&Co.
e No,' 64, Dock-street,
mo. 31. jaw6w
r This day Pubhfhed,
AND FOR SALE AT THIS OFFICE,
>, l The EsSATS under the Signature of
I VIRGINIENSIS,
On the Alien and Sedition Laws.
f Price 25 iferrti, 12 mo. J
c IT is perhaps futile to expedl to work convidion
in the minds oi so inveterate and vicious a djfs of
men, as (he Democrat* of America, by any argu
r menu however forcible, or any display of truth,
however irresistible : These writings are, however,
e calculated to produce a more important and ufeful
e(Te<sl, by placing the fubje& i\i its true light be
'ore honest. men, who are u : formed, or have
been mifipformed as to the nnare and objects of
those bills,
j*n. 1$ 6t
AN ELEGANT ASSORTMENT OF ,
Madras Handkerchiefs,
!
FOR SALE BY
Mcrdicai Lewis.
Jan. 16. '
40 Boxes of Fresh Citron
Tuft arrived via New-York, and for Sale by
JOHN CRAIG,
Who has also for Sale,
Old Madeira Wine
of the firft quality,
India Muslins,
coarse and fine, &c.
A quantity of the bed Englifli largii leaf
Clover Seed.
Jan. it. HZ
TO BE SOLD,
A two story Stone hjoufe,
L ATE I. Y built, with two acres of land, on
the Brifiol road, about a mile above Frank
fort. The situation is high and healthy, and
excellent.—For terms apply to Mr.
John McClelland, or Mr. Richard Whitehead,
No. 61, Vine-Ilreet.
Jan. 11
PUBLIC NOTICE
IS hereby given, that app'ication will be
made to the Direftors of the Hank of Pennsyl
vania for the renewal of a Cettificate for a (hire
in the said Bank, No lißx v dated July 24th
1797, (landing in the name of JOSEPH REED,
the fame having been accidentally Ult or de
stroyed,
Philad. Jan. i f d6w
FILTERING STONLS.
Of an excellent qual'ty for Snips or Families
FOR SALE BY
Thomas £s? Joshua Fisher,
No. 5, Dock street.
tft mo. IS- di'.v
ALL PERSONS
Indebted to th« Estate of Mr. John FENvo.late
of Philadelphia, deceafed,are desired to make piy
ment, aud those having any demands, to preftnt
th»m for fettl«rs'?nt, to
SAMUBI, BI.ODGET, Adm'r.
• or
JOHN WARD FENNO, Agent
to the administration.
Nov. 3o 4^m
JAMAICA RUM,
A Cargo now landing at SouthJlreet wharf,
for sale by
PETER BLIGHT,
Apply at Starei on the Wharf,
WHO ALSO OFFSRS FOR SALt,
BRANDY, ill and 4th proof
Madeira and Port WINES, Sic. &c.
Nov. I. dtf
Five Dollars Reward.
STOLEN yeQerday morning, between 1 o and
I» o'clock, from No 68, South Fourth Street,
A Single cafe Silver Watch,
the maker's name Marknoble —number not known
The letters W. H. are scratched on the rim of the
cafe—a ft eel chain and key, gilt seal with a cypher
W. H. tngravad on it. Whoever will give me
information so that the thief may be brought to
justice Clall receive the above reward.
W. HAYDON.
jan it
Stray Horse.
WAS taken up, treiTpafling ou the fubferiber,
in the towofhip of Paflyunk, in the county
of Philadelphia, a grey Horfe,about fourteen hinds
high, thirteen or fourteen years old, blind of his
right eye, and (hod before. Whoever has loli
hira, by proving property and paying charges,may
him again on applying to the fubferibtr.
JOHN SINK,
On the Bar:ks oi Schuylkill,
jan. 19, S I
|
WHEREAS
ISAAC PAINTER having made »* aflignment
of all his property to me the fubferiber for the
herefit •! his creditors, this is to request all per- j
sons Indebted to the said Isaac Painter, to prevent I
further trouble, to make immediate payment to
•me tbe fubferiber ; and all those having any de
mands against him to render in their accounts to
JACOB CLARK, JJJigncc.
jon. 16 dtf
NOTICE, |
PURSUANT to a Resolve of the Board of ,
Trustees of Walhington Academy, in Som- 1
effet county, Maryland, authorising Wiliiam
Polk, efqr. mtjors Samu«l Wilson, and
William Jokis, Members of said Board, to
procure a principal teacher for said Academy.—
NOTICE is hereny given, that a gentleman quali
fisd (0 teach the Greek and Latin Languages, Geo
graphy ard the Mathematics, and such other
branches of Literature as it is customary to teach
in such Schools, will meet with liberal encourage
ment and it isprefOmed will he well accommodat
ed in taking charge of this Academy. The build
ing is spacious and will accomodate at Icaft (ixty.
Students.
Propoftils may be addrefled to JohnDen*is,
161 Arch-street, Or William Winder, accountant
in the Navy department, Walnut street, Philadel*
- lia, or to either of the three gentlemen above
mentioned, vear Princess Anne, Maryland.
dec 17 5
BREAD
'TpO be delivered to the Poor of the City and
JL Liberties a*. Friends Meeting Haufe in Mar
ket, the corner »f Second, street, 011 Friday the lft
of February, at ro o'clock, agreeable to the wills
of Petty and Carter.
The guardians of the poor are requested to give
their attendance agreeable to a resolve of the Ge
neral Board of the 14th inflant.
Jonathan Robeson, President
of the General Board of Guardians
Philadelphia, January 48, 1799 dtFi
■ WANTED,
To Article for two or three
years a young Man to a profitable hufinefs—
For particulars enquire at no. 68, south Fourth
street
A person who has some knowledge of paint
ing or drawing would be preferred.
W. HAYDON,
WHO HAS
A Cellar to Let.
jan 11 §
This Day is Publiflied,
, ANDFORSALEBYJ.FF.NNO, I ig,CH ESNUT-S** RUT
AN ADDRESS
To the People of Maryland,
ON the origin, progress and pre Cent state of
1 French with a (ketch of the infamous
attempts to degrade the Government of the United
; .States, and some reflections on the late proceedings
f in Congress; written the hft of April in the pre
sent year, by a Member of tht House of Reprrfen
tativt«. § junc II
, IP HERE AS,
BY an A<3 of CgngrcPs pjfledon th? fixte;nth
day of July in the year of our Lord one thoU
(anri'feven hundred and ninety eight, the Prefix
dent of the United States is authorised to borrow
on behalf of the United States from the
■ Hank of the United States, or from *ny other
! body or bodies politic or corporate, or from
iny person or persons, and upon such terms
and conditions as he (hall judge moil advan
tageous for the United States, a sum not
exceeding five millions of dollars, so however
that no contrail or engagement be made which
(hall preclude the United States from reimburf
mg any lain or sums borrowed at any time after"
the expiration of fifteen years from the date of
such loan. And whereas, it is declared by the
said A&, that so much as may be necefTary ef
the surplus of the duties on Imports and Ton
nage beyond the permanent appropriati us here
toforecharged upon them by law, Hull be pledg
ed aud appropriated for paying the interest, and
alio for paying and discharging the principal
turn or sums of all the rttonies which may be
borrowed, according to the term or terms which
may be fixed, pUrluant to the authority afore
laid— yjnd whereas by the said Atf, the faith of
the United States is pledged tn establish fufficient
permanent Revenues for making up any deficien
cy that may hereafter appear in the provifi >n»
before-mentioned for paying the interest and
principal sums, or either'of them, of any mo
nies which may be borrowed pursuant to the said
A<sl. And whereas the Prefidenr of the Unit
ed State; did by an Ail or Commission under his
hand dated the ninth day of January in th» year
one thousand seven hundred and ninety nine, au
thorise and empower, the Secretary of the Trea
lury, to borrow on behalf of the United States,
any sum not exceeding in the whole, §ve mil
lions of dollars and to make such contrail qr
contracts as should be necelTary, and*for the in
terest of the United States, in purluance of the
Ail of Congress above recited.
AW therefore, the undersigned, Secretary
of the Treasury, in purfuartce of the Aft of
Congress, and the a'fethorify from the President
of the United States,' above mentioned, doth
hereby on behalf of the United States of Ame
rica, contrail aud engage in manner following,
it wit.
i ft. A book for receiving fuhferiptions to a
Loan of five millions of dollars tor the use of
the United States (hall be opened in the city of
Philadelphia, at the Bank of the United States
on Thursday the twenty eighth day of February
ensuing, which book (hall continue open for the
purpose of receiving fubferiptions, until the
whose of the fud five millions of dollars (hall
be firblcribed. It,more than five millions of
dollars (hall be fubferibed on the firft day of
opening the said lean, the surplus (hall be dc
diifled 1)) prop-irtion to the sums fubferibed by
individuals, exceeding fourthoufand dollars.
id. For every hundred dollars which may be
fubferibed there (hall be forthwith deposited and
paid the sum of twelve dollars and fifty cents,
and like payments of twel ;e dollans and fifty
cents, (hall be made within the firft tea davs of
the monthsof April, May, June, July, Aaguft
September and Oilober eni'uing. The Secre- ,
tary of fte Treasury however referyes the
of reducing the number of inftallrtients by spe
cial agreements, with the individuals who may
become fubferibers.
3d. On the failure of payment of inyinftall
nient of the sums fubferibed accqrding to the
tenor of the second article, the next preceeding
installment of twelve dollars and fifty Cfntj,
which (hall have been paid, for every hundred
dollars fubferibed (ball be forfeited to the Unit-
States.
4th, The sums fubferibed (hall and may be
paid to the credit of the United States, at the
I Bank of the United States, or at the offices of
discount and deposit of ike said Hank at Boston,
New-York, Raitimore, or Charleston, or at ei
ther of the Banks of Salem, in MafTaehufctts,
I Newport and Providence in Rbode-lfland,Hart
ford in Conneflicut, Albany in New-Yerk, or
; Alexandria in Virginia, for which payments,the
! receipts of the Cashiers of the of £>ik
! count and Deposit and of the Ranks aforefaid
' (hall be received at the Bank of the United State*
is equivalent to money ; but no payment of a
i subsequent mftallment (hall be received at any
! other place than that where the firft installment
was paid, except at the Bank of the United
' States ; in cafe any deposits (hall be made at the
offices of Discount or Deposit, or at either of
the Binks aforefaid, which (hall not be applied to
the payment of the firft installment of fubferip
tjons to the Loan aforefaid, the said deposits
(hall be forthwith refunded by directions from
, the Treasury.
! 5 th. For the fum< or number of (hares of one
hundred dollars, which may be fubferibed, cer
tificates (hall be given by the Cathier of the Bank
of the United States, which (hall be assignable
by indorsement, and delivery of the parties in
whsfe favour the said certificates may be ifliied,
until the completion of the payments required
by the tenor of the second article preceeding.
6th. The sums fubferibed and paid in pursu
ance of the tenor of the second article preceed
ing, (hall after the fiid payments have been
compleated, constitute a funded capital (lock
divisible into (hares of one hundred dollars each,
which capital (lock (hall bear interest at the rate
of eight per centum per annum from the times
hxed for the payment of the refpeiliv* install
ments payable quarter yearly at the Treasury ef
the United States, or »t the Loan Offices where
the fame may stand credited, unfit the last day
of December, in the year one thousand eight
hundred and eight.
7th. After the lull day ofDecember in the said
I year one thousand eight hundred and eight, and
• after reafonablenotice to the creditors, which (halt
he given hy an advertisement in some public news
» paper, printed at the leaf of the government of the
United State*, the said capital (lock (ball be re
: deem able at theplcafure of the United States by
- the reimbursement of the whole sum or sum*
borrowed, and which may constitute the said capi
tal (lock either at the treasury of the United States
or at the loan offices where the fame may (land
credited. ' t
Bth. The credits for the said capital (lock (hall*
and may he feparatoly certified in sums either for
one hundred, four hundred, one thousand, four
» thousand or ten thousand dollars, and the credits
so certified (hall be transferable by the creditors, or
j their attornies, at the Treasury and Loan Offices
refpeclively, in pursuance of the rules which have,
been, or which may be el'abliflied relative to the,
transfer o( the funded (lock of the Un : tcd States,
9th A fufficicnt (um of thefurplusof theduties
on Import' and Tonnage beyond the permanent
appropriations heretofore charged upon them; by
law, together with the faith of the United States
are hereby pledged (or the fulfillment of this con
trail, in pursuance of, and according to the terms
* and of the .id of Congress herein be
fore recited.
Given under my hand and the fcal of the
,r g v Treasury of the United States at Phi
'' ladelphia, this twelfth day of January
f one thousand seven hundred and nine
s ty nine.
s OLIVER WOLCOTT,
Secretary of tie Treasury,
jan. i*. S