•>^ i - s*s ¥S> ofs A NATIONAL PAPER, PUBLISHED WEDNESDAYS AND SATI'R DAY*i BY .. ;___„ -— 10HN FFNt >O, No. 34. NOPi'H FIFTH-STREET, PHILADh 1 PHI -v [No. 57 of Vol. IV.] The following Tabhs are connected with the Report pj the Secretary of the Treasury on the Redemption ef the Public Debt—pub!Jhed iu our hjl Gazette. TABLE Ihewing the effect of a sum annually created, equal to the intercft of the sum to be redeemed within cach year, for a period of nine years, commencing fiom the firft of Ja nuary, l 793 —on the fuppofnion that the in tercft on the sum annually redeemed be in verted, as it is liberated, in the purchale of 6 per cent, flock, at the price of 22 (hillings on the pound. • -5 J5 > OvOO*Of^OOOO O * <2 <o C* vO O O OO r-t O ts 3 " t H OO s •3 co £ CO Cl OO Tf NO J *** «t C* MM M Q o H « -C "So 2? _ C. •»«, «-*•«*-» <2 ° ?! >J >* fc O 000 M H I>V5 O c» 5:? . 000 *" 9 M 2 "5 <* v J5 <r> -T r~ <> *T C> • rj t to P^r)i S i z g 00 « o -O-O t-g H :?-£ O 01 O - S*S W O O 000 r« rt VO -v 5 £ r O 000 too cOO oM _G \L 5 ft o o c> o co o m osvo o ~< fa "0 o N »J| 3 £ ioOOMioOsrOOOC«C*a, Z . >0'0 , 0 , 0 , 0 NNM M 5i M rfvno r- OO (> o H C J o o* 0* o o* o* 000 — . 2; IN IX fN IN OO COl3 r" ! «2 0-i *-* £ «< •§ >-.5.5.^.5.2.2.5.S" a 5 S s "cc -a -a -a -a -a -o 5 < (V 5J O H C -*-06 A -Z h ■3 £ •S a £ B TABX.F c.-hlbi'-ing 1 ■. i. „ _f the propof-d ?;»n ol Redemption. •*<o 0 IV 00 ci o 00 -f J O W « T - a C')^ > w '1: cri" iocs co o 00 co S . CD o;. <1 r. -rcc -I CO • £ n - .<? &> a> i-vc OC o Q 5 ? *0 « cT JV. M CO /-K O« t/ -CI«OO*NCN © w CJ h 1 -j B 5 ci £ § '5 t^'<£ '32 =5.5 . 8. "-i Qri Vj 5 M R- w S O" O -J j; J q o> o-. a: o £"^ c £ -< » i 1 - H.> 3 «• s = •«« fc - -fvo " ? < L £ — i - c*3 01 " 10 »- n V S >- 1 2 Jo-9. - ™ S. s «?S"ftsS„gg «. a *-co CO oc 00 TO - S S-2 o O X v v Oi < -.1 " w £ c: C =2j •o^«s, 5V P3«H g.H 5 -s so >>o - o s3 u r f; " N N N r] M o CU " r, "" r " r, " M tT «52£°Scc 3 r- - - .rr .- - r: n « cj c"O -O -C -c -3 '-5 H ' "-I s «; oco w»o rf - x. — 00 c; O UQ'C _, 00 «> Os £ . O O'OJ ni- >oic (O S «•« ?.5, :-->w -«c o-. - M * 3 "O°.?w CO O - CTiCO Ci cf.io d '" <0 k-l .-cc -uo Q-, cooo ci -M t~- —; vo <sC. (O t- f-»co o * « • J -£ ta •>3 K NNN I, rsqj CO 00 'Tj " 6 c~ « " ej - f? • •Z b- Coco C-CCCC '^r> •2 ~ .= .9 ~ r .5 ~ v ru A H u » C M«iie of (onjlitutmg the fropofed Annuities. Volts. Cts. : ?93- Surplus dividend ol the bank Hock, b<>. yond the intereil v. hich wiil be payable,eftimat "i »t - 6G,000 ' 43.'99- °6 — lc 3i'S9- c 6 Saturday, December 15. 1792. •1794. Tax I.X - Parr of annual intercft converted into annuity Tax „ ♦ 1 1790. P»rt of annual interest converted into annuity Tax _ 1 1 797 Part of annual interest converted into annuity Tax i 79 8 - Fan of annual intereftconverted into annuity Annuity of the firft year now libtuied by l eimbiiifem«,u of the lit loan Tax 1799, 1800. Part of annual interrft converted into annuity Annuity of fccond year now liberated by mmburl'cment of the 2d loan Pjrt of arrears of ititerft to be applied for balance of annuity this year - 1 But a supplementary provision will be to be made for the 2d year, equal to ihe sum dollars am', four cents, as the fund in that particular u not annual. This may 'also ariiV-from the arr ars oi* iotertft. The payment to be made on the tft ol January 1802, may pro. ceed from the following funds. Amount of annuity of 3d year liberated by reimbursement of the 3d loan Unappropriated arrears of intercft Temporary loan • Treasury Department, Novemler 30th, 1792. D n ,• 1 u T '* ew , °-f Redeeming Fund, to and upon the 1(l January, 1802. Interejl which will have been liberated by purchale, and ,„ivmen's nuo the Treasury, excluliveol redemptions, according to the proposed plan,' Jan .ft, 1794, by redemption of 550,000 dols. iate 6 percent. ditto 1795, by ditto of 583.000 at ditto ditto ,796, by ditto ef 617.980 ditto ditto 1797, by ditto of 655,058. 80 ditto ditto 1798, by ditto of 694.362. 33 ditto ditto 1799. by di'io of 736,024. c; ditto ditto 1800, by ditto of 780,185. 52 ditio ditto 1801, by ditto of 826,996. 65 ditto ditto 1802, by ditto of 1,1*6,616. 44 duto Surplus dividend of bank stock beyond the interest which will be payable out ol it 95 N Annual sum at the end of 1800 EDUCATION AN EXTRACT. A FEW men of wit, who, in a long intercourse with the fash ionable world, probably for gotten that little knowledge of the ancient languages and authors, which they had acquired at school, have endeavored to bring into dis credit the prevailing mode of edu cation, which devotes much time to the study of Giecian and Roman li terature. Poflefled of natural parts, they have perhaps, besides, enjoyed all those advantages of good com pany and extensive commerce jvith the living world, which both excite, and give occasion to display, great abilities. They became, therefore, d iltinguifhed characters in their time, though their (olid attainments were few, and greatly defective. But, whatever figure they made, they would have shone with ft ill greater lustre, if they had retained a tincture of that elegance and li berality of sentiment, which the mind acquires by a study of l he clas sics, and which contributes more to form the true gentleman, than the Aabftituted ornamentsof modern af fectation. The example of these illustrious, but fupeificial perloiifges, has in duced every prater, who has been tauc;ht to Idp broken French, a;-d dance a minuet, to laugh at the lub berly boy, as he calls him, who spends a dczen years at school, in 225 Taxes which uqi," have iec» laid. 1793 dollars . 43, 1 99- 6 1 99»39 1 * 60 1 '5>955- »7 48 102,743. 12 107,680. 20 109,649. 32 ■794, 1 795 1796 >797 I^9B ■799 Amount of Interejl converted into Annuities 1796 dollais 20,00p >797 1798 1800 Tkeasurt Department, November 30, 1792. ALEXANDER HAMILTON. learning Greek and Latin. He un fairly represents this time, as spent ii acquiring the languages alone ; ignorant that a taste is often form ed in it for those authors, who are able to furnifh the purest and the mo ft elegant pleasures during the remainder of life. The pert vivacity of allured ig norance has often persuaded the fond mother to discard the tutor for the dancing mailer ; to be more fo licitons that the hopes of the fami ly, the heir, perhaps, to a tide, an estate, and even a lhare of legisla tion, ftould be taught to hold up his head, than be furnifhed with those ideas and principles, which would render him truly happy in hiinfelf, ami an honor and advan tage to his friends and to his coun try. Even among those who are fully sensible of the neccifity of improv ing the beauties of the mind, as well as the graces vf the person, there prevails a precfilecftion for modern languages and modern li terature to the exclusion of the an cient. 111 the idea of these, a fuf ficient stock of historical knowledge is to be gained by an attention to the events of the two or three lalt centuries ; and a fufficiqnt acquain tance with philosophy, and polite learning, from a perusal of the writers of France and Italy. Col lections of letters and state papers, and the epigrammatic narratives of 20,C00 ♦02,912. 48 50,000 102,743. 12 90,000 107,680. 20 6 c,OOO 10 3»*99» °6 109,649.32 272,848. 38 220,000 10 9>39 l - 60 94,192. 04 •>5 955. '7 200,0C0 810,661. 27 ALEXANDER HAMILTON, Dollars 50,000 90.000 240,000 380,000 dollars Dolls. Us. 10 y»39 i * 60 11 59d5. »7 I lie hiltoi iaii of * cincy. .w ! ' ply tlic place of Herodotus, Thinj dides, and Livy. Aiiollo, Tallo, and Bpilean, aie to be read in pie' lerence to Homer, Virgil, and Ho race ; and the works of Voltaire alone, ro be fubftiiuted in the place of all the poetry, all the philosophy, and all the hiltory that ever has been written. In conftquence of these mistaken notions, our greac grammar fehools, which have pro duced so many ornaments of human nature, are exploded by many, as the feats of illiberal manners and of antiquated learning. With refpeft to the charge that illiberal manners are the difgrace ful charai'teriftics of boys educated ill grammar schools, I must confels I am plea fed with the natural ftm plicity of that age of fpriglulinefs and inexpe-ience ; nor do 1 know a fight more truly ridiculous, than that of a boy of fourteen affecting the grates, and behaving among his Superiors in age and attainments, with all the difguiliug ease of fcif fufficiency. The fame natural good sense which makes the boy ac't in charac ter, will teach the man a manly be havior. And I believe every judi cious person had rather fee his lon, while very young, partaking in the noisy miith of his school fellows, than bowing and grinning in the insipid circle of a card party. With refpeot to the other charge, that a learned education is a liitle out of falhion in some polite circles, we confefs and lament that ii is true. Bnt though we allow fulhiun to dic tate without' controul the exn<l ili menllons of a buckle or a head dress ; yet a regard for the honor and happiness of human nature, in duces us to dispute her sovereign authority in tliofe things, on which depend the manners and sentiments of a riling generation. If, however, it is gianteil, that the true gentleman, that is, the man of enlarged notions and poliih ed taste, cannot, by any method of education, be so well formed, as by the clalfical ; yet it by no means follows, that thole whose happiness mull, in a great measure depend on less coniprehenfive views of men and things, fituti 1d be iuftruCied in the lame mode. The time thatisufual ly spent in Lilly's grammar, and in acquiring just so much knowledge of the Latin language as may in spire a young man with vanity, but which cannot enable him to enter into the spirit of the author, is cer tainly ill bestowed. He who is de signed for the common walksof life, had much better be reading Win gate's arithmetic than Cordery's colloquies, and learning the rule of three than the rules of syntax. 122,192. 4 8 1 5->743- »2 197,680. 20 4*3-583- 64 — 1,126,616. 44 Dots. Cts, 65,000 33,000 34,980 ,57,c 7 8. 80 39'3°3- 52 4'.651. 73 44,161. 44 46 811. 13 49 6'9- 79 67,536. 98 459,273- 39 1,210,744. 34 Mode oj breaking Steers to the draft in a few dayi. T ET the farmer carefully yoke his Steers in a close yard or ttable, and not move thein till they get fuf ficjeritly accustomed to the yoke, so. that they will eat their food, when yoked, which will be in the conrfe of a day. Let them again be yoked the second day, and a pairofgentle horses or oxen fattened before them ; in which state let them (laud until they become familiar with said hors es or oxen, which will generally be efFecfted in one day,and the next day the Steers may be yoked, the horses or oxen put before them as usual, and let them be fattened to a wag gon or any other carriage ; they fearing the carriage behind them, and being accustomed to the old ox en before, will proceed forward wiißout being whipped or bruised. The above process will iiev e t failcf producing good working m. [Whole No. "s?i V A Xv m ■ & ir |. ■(. i :l". %
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