11 Or to have sixty-six dollars and two thirds of a dollar funded immediately, at a yearly interest of 6 percent; and thirty-three dollars and one third of a dollar in an unfunded certificate, bear ing an annual interest of fix per cent, payable at the option of the holder, annually, in a funded certificate at a yearly interest of 6 per cent; or as soon as funds can be provided, in specie ; and that the faith of Congress be pledged to fund as soon as poflible the un funded certificate." By this proportion, if Congrefi with for time to make their arrangements, the creditor may either receive annually the inter cft on the unfunded part of his debt in a funded certificate ; or, if he prefers fpetie, he may wait till Congress can provide it. It perhaps wtll befaid, this will increase thecapital ; but we have al ready agreed to increale it by adding fifteen or twenty millions of dollars due for interest, or that will be due before the periods at whkh we are to fund the debt ; and as we have done this be cause we cannot pay that interest, the fame reason exists for adopt ing a fimilarmeafure with refpeft to the interest which may here after accrue, and which we (hall not immediately provide to dis charge. Within five years Mr. Gerrv supposed Congress would be able to fund this unfunded part of the debt; and if no part thereof (hould be received for lands, out the whole be subscribed on the terms of this proportion, the capital of the debt would at the end of five yeari be incrcafed but 5,393,124 dollars, and the interest which would be paid during that period on the funded certificates, to be ilfued for interest, would be but 808,920 dol lars : in fucli an event there would be no irredeemable quality in. any part of the debt, the disadvantages of which overbalanced in the minds of the committee the advantages of reducing its capital, as was evident from their vote yefteiday to lefleii the time of re demption by increasing the capital. The Secretary has justly reprobated every proposal that fhafl ap ply to the neceflities, and not to the reason and interest of the cre ditors. If the two propositions agreed to io not apply to the lat ter, the neceflity of the one now offered to the committee must be evident : if these propositions do apply, and arc acceptable to the creditors, they will prefer them to this, which however will man ifeft our desire to do them all poflible justice. Mr. Gerry then said he was not so attached to the motion he had made as not to give it up, if any gentleman would offer a bet ter, to attain the definable object he aimed at. This he thought in dispensable, because if we offered what we called an equivalent, and not what the creditors (hould consider asl'ucb, the intended loan would be acompulfory one, and, inflead ot supporting, would tend to destroy the public credit. Mr. Gerry's motion was seconded by Col. Bland, and laid on the table. After the other propositions were palled, it was taken up and debated, and as several gentlemen were much opposed to a decision on such a proposition at so late an hour as three o'clock, and at the end of the week, in the absence of a number of mem bers it was withdrawn, that the committee might report, and will probably be'brought forward in the House. WEDNESDAY, MARCH 31. the Manufacturers of Tobacco in the cities of Philadelphia and New-York, rei pe<fting an enhanced duty on manufactured To bacco and Snuff were read. The bill to regulate trade with the Indian tribes was read the second time, and referred to a committee of the whole houl'e, to be the order of the day on Monday next. The amendments of the Senate to the bill for promoting the progrefi of ufeful arts were read. Ameflagewas received from the Senate,inform ing the House that they have palled an art to pre vent the exportation of goods, not duly infpe<fted accoiding to tbe laws of theleveral States. In committee of the whole. The proposi tion for the afliimption of the State debts under consideration. The debate was continued ; but no decision took place, previous to the riling of the commit tee. Mr. Sedgwick of the committee, to whom was re committed the bill to regulete theintercourfe between the United States and foreign nations, brought in a new bill, which was read the firft time. The Committee also reported the following re solution, which was laid on the table. Rel'olved, That the Secretary of State, be di rected to report to the house, whether, in his o pinion, it is expedient that the foreign and domes tic branches of bufinels, in his department, should be kept diftincfl ; and whether it is neceilary that a chief clerk ihould be appointed for each. THURSDAY, APRIL t. The bill to regulate the intercourse between the United States and foreign nations, was read thefecond time, and referred to a committee of the whole House, to be taken into consideration on Thursday next. Mr. Gilman of the joint committee of both hou ses, appointed to examine the enrolled bills, re ported, that the committee had examined the bill for accepting the celfion of the claims of N. Carolina to a certain diftricft therein described , also the bill to prevent the exportation of golds, not duly infpecffed according to the laws of the several States—and found them duly enrolled. The Speaker affixed his signature to the above bills. Sundry petitions prefentedby Mr. Huntington, and Mr. Lawrance were read, and referred to the heads of departments. The resolution, laid on the\ table yesterday, refpecfting the Department of the Secretary of State was taken up. Some conversation ensued on this resolution lo far as tlie idea of creating two departments was contemplated by the resolution, it was, objedted to—the mode of introducing the fubjecft before the Honfe was said to be unparliamentary that after a great deal of debate refpecling the ar rangement of this department, a law had palled for its organization—that the Secretary is empow ered by the law to employ as many clerks as he shall thinkproper—and in arranging the bnlinefs if he finds it neceflary, that the falavy ot acleik, liars >end one ► not itive 7$ Of i to an crc- Adjourned. to wliofe particular infpe<ftion,, particular parts of the business is assigned, should be encreafed, he will make a representation to the legislature accordingly. ' Mr. Sedgwick observed, that nothing was fur ther from his thoughts than creating two diftindt departments—the committee had supposed that a reference of this fubjed: to the Secretary of State was a natural and eligible step; but how ever, as gentlemen appeared to entertain -differ ent feritimentsonthe business, he would with draw the refolutibn. In committee of the whole.- The propofi tionfor the afl'umption of the State debts was de bated this day, till after thre"e o'clock, when the committee rose, without taking any vote on the question. A meflage was received from the President of the United States by his Secretary—with the ra tification by South-Carolina of the amendments proposed by Congress to the constitution of the United States. Adjourned. FRIDAY, APRIL 2. The member? of ihe Houlc atTembled this day attheufual hour -but on account of its being Good Friday, adjourned till to norrow, without doing bufinels. PREMIUMS Proposed by the Philadelphia Society, for promoting Agriculture, for the year 1790. [Continued from our laft.J For the best information, the result of adlual experience, for preventing damage to crops by infers ; especially the Hellian fly, the wheat-fly, or fly-weevil, the pea-bug, and the corn clinch bug or fly,—a gold medal ; a silver medal for the second best. To be produced by the 20th of De cember, 1 790. For an account of a vegetable food that may be easily procured and preserved, and that bell increases milk in cows and ewes, in March and April, founded on experiment,—a gold medal ; for the feond best, —a silver medal. Tobepro duced by the tenth of January, 1791. For the greareft quantity of ground, not less than one acre, well fenced,producinglocuft trees, growing in 1790, from feedfown after April sth, 1785 ; the trees to be of the fort used for polls nnd trunnels, and not fewer than 1500 per acre, —a gold medal—for thefecond, afilver medal.— To be claimed in December, 1790. The society believing that very important ad vantages would be derived from the general use of oxen, inltead ofliorfes, in husbandry and other services ; and being desirous of facilitating their introduction into all tliefe States —perluaded also that the comparative value of oxen and cowsmuft very much depend on the qualities of their fires and dams ; and that by a careful attention to the fubjedt, an improved breed may be obtained ; they propose a gold medal for the best eflay, the result of experience, on the breeding, feeding, and management of cattle, for the purpose of ren dering thein most profitable for the dairy, and for beef, and molt docile aud ufeful for the draught ; and for the next belt, a silver medal.— To be produced by the iftof January, 1791. N. B.—Among other things the eflay should noticethe different breeds of cattle, and their com parative qualities ; as their sizes, itrength, facility in fattening, quantity of milk, &c. NEW-YORK, APRIL 5. We are informed that there will soon be pub lished, an history of this, and the preceding ses sion of Congress ; and that the objetf: of this his tory will be to point out the 1110 ft intercftingquef tions that have been debated, and to make iuch remarks on the proceedings at large as wilHhew the general complexion of public business. This history will be rendered Angularly entertaining, by furniihing a biographical account of the most diftinguilhed characters in Congress ; and by in veftigatingthe views and principles which appear to have governed the debates. A CORRESPONDENT. To doubt the competency of the United States 1 to pay the interest of all their debts, is to doubt a fa<ft which exists with better evidence for its support, than any fa<st that can be cited with refpeift to any civilized country upon earth. It is to doubt of the ability of this people to support its government. It is to doubt in a cafe, where doubt is deftrutfion. It is to doubt the existence of the body politic. It is to doubt the wisdom of the great body of the people in adop ting the constitution. It is to doubt the continu ance of peace and domestic tranquility—in short it is to doubt the existence of every principle of honor and honesty, among the citizens of the union. , . . If such are the consequences of doubting only in this cafe, what may not be expetfted should it be positively aliened that the states are not wjl lingto do justice to their creditors, and that their funds are inadequate to paying their debts ? It is to despair of the Commonwealth. It is to de- 407 VI. VII VIII IX. Clare a national bankruptcy. It is to advertise to all the world that we are a nation of rogues. It is to cut up our profpedts by the roots. It is to di vert ourselves of allhopes of future credit ; either at home or abroad. , It is to facrifice the interelts of the most meritorious class of our citizens. It operates as a premium for delinquency. It is re warding thole who never put forth a finger in the service and defence of the country. It is entire ly crushing thole who have taken upon them the burthens of patriotifin, and have thereby eman cipated their country. It involves a dillolmion of the social compact, and is proclaiming to the world, " that there is rottennels in the State of Denmark." A correspondent observes that the zeal and in dustry with which some persons endeavor to ex cite a spirit ofjealoufy and hoftilitjfc, between the general and state governments, are equally in aufpicions to both—and altho the pretenders to political merit, are many, yet a surplusage of honesty and abilities, was never yet complained, of in any country whatever. To deprive the people of an opportunity to avail theinfelves of the abilities of their best men, whatever appear ance the measure may afl'ume, it will be found injurious to their molt eflential interests. Poflefling as the United States do, the eflen tials of sovereignty, is it not degrading to the highest degree, that the American Flag Ihould not be unfurled upon terms of perfedl equality in all quarters of the globe ? Poflefling such inex haustible resources for fliip-building, is it not mortifying that our produce, and raw materials ftiould be exported from our shores, principally in foreign bottoms ? What fir anger would not think htmfdf in a Br'ttijb Port, when counting the Britijb Flags in our Harbors ? A Correspondent observes that facts prove the fallacy of an opinion which has been induftri otrfly difleminated by some persons, who are sup posed not to be friendly to the New Government; which is, that the reftdence of Cohgrefs In any of our great commercial cities, would concenter an influence in such place, that would tend to destroy the equilibrium of the union—for it ap-> pears by authentic documents publiilied to the world, that Philadelphia supports her superiori ty to New-York in exports and imports, in the amount of her import, and the number of her Ihipping. EXTRACT Few, if any situations in life afford a lnore ex* tensive field for diffufing good to the community andmankind, than that in which an ingenious and judicious Editor of a Newspaper is placed. Knowledge being the feed of political, domeltic, and moral happiness, hislabors inflrudtmillions, and descend to future generations —he culls from all authors and ages, from the living and dead wisdom of the world. Newspapers are the book of experience, they contain the most ufeful and important information for all ranks and conditi ons of men : And it is generally the cafe that a total indifference,to this source of entertainment, and inftrudtion is connected with great insensi bility, great ignorance,or consummate vanity. I have known some characters who piqued them selves on this indifference—and who at the fame time precipitated themselves into the most absurd situations, for want of that knowledge which this medium would have supplied. for the gazette of the united states. FABLE, ONCE on a time, as authors tell. The freftiets made a river swell ; The River, as the story goes, All the surrounding banks overflows ; The only neighboring spot of high-land, Was soon converted to an island, Thence, from their holes and burrows routed) A motly tribe for fafety scouted— There common danger leagu'd in peace, Dogs, cats and rats, and fox and geese ; Who, while the flood around them rose, Forgot they ever had been foes : — But when the ground was clear of rain— Were cats and rats, and dogs again ; All found their fafety in their flight, " And bid civilities good night." Thus 'tis with States—when dangers nigh " Unite, zee live—divide, we die"— The North and South in concert Join, And public good's the grand design— But when peace comes on downy wing, And poets halcyon ages sing ! — Those States coop'd up in legislature, (The example don't exist in nature) Opposing interests abound, And there the heal charge goes found. " Aristides" cametoo late for this days paper-—and as his fubjett has been decided on, we think it would be unseasonable; but Oiould be very happy to enrich the Gazette by future com munications. Jult published, by CAREY, STEWART, AND COMPANY, No. 111, of the Vllth volume of The American M U S E U M, OR , * UNIVERSAL MAGAZINE, And to be fold by THOMAS ALLEN, No. 13, Queen -St r eet, where fubforiptions are received, 1 Pol, and halt pr. an. ARRIVALS SINCE OUR LAST. NEW YORK. Brig St. George, Oporto, Sloop Cynthia, Rogers, St. Martin».
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