among the comm ./sly' more diligent inquiry into theichei'- ';'''• 'acrier a ef, those operatiOns of,trifffiC, towards web .il deilired tq.,estead such peculiar T 5 y rave , ; .‘.; , :::The Various AElt usections which bear the or domeexchanges differ essential- I is their. nature, operation and utility..., Oroailess of them consists of bills of ex. drawn,:for the purpose of transfer, ripit actual- capital from oue part of the IttoentrY'to anothe r, or to anticipate the ' • ' " itnieeeds of property actuelly transmitied. gills:ad:4a description itra,higlAy uset . in lifts movements of trade, owl well deserve.al I .'llitienceuragemeot which can rightfully be - •!r ~ :*ven to them, knottier class is made up 'ef'.exchange, not 4rawn to transfer ` cap 'it al itor oo the credit of property 7.oabfal. , transmitted, ibut to create fictitious capital. rnikto' g at once crthe character of notes . ' itfilsediated in bank, and of bank notes in eir '' "orletien, and swelling the mass of paper credits 'to a vast extent in the most iiihjec,- manner. These hills have formed, ' 4 l4f libua the last .lew years, a large proportion of-) 'hitt are termed the domestic exchanges of country, serving as the means of usnri. sue profit, and constituting the most unsafe find precarious paper in circulation. • This npacies of traffic, instead of being- upheld, ought to be discounteuaneed by the Goy. .ernment and the people. •-.=yin transferring its funds from place to the Government is on the same foot. log With the private citizen, and crie.y resort to the same levet means. it may do so through the medium of bills drawn by itself, er purchased' from others; and, in these op. .13rations;tt may, in a manner undoubtedly . ',constitutional and legitimate, facilitate and assist exchanges• of individuals founded on . -SetAAransactiens .of trade. The extent to which this may be done, and the best means of effecting it, am entitledlo nu fullest con. . eideration. : Tide has been estowed by the liticretery of the Treasury, and his views Ord, be submitted to , you in his report. But, it was not designed. by the constitu (ln that the Governmeut should assume the l'inagetnent of dmierestic or foreign ex ' Change - It is indeed authorised to regulate, ••• by law, the commerce , between the States, • and to Orrevide a general standard of value = medium of exchange in gold and silver ; bent is skit : proviaee to aid individuals in, thelransfer dtheir funds, otherwise than 6trongh_lhe faCilities affirded by the Post • afrata.Departmeot. As justly might it be nailed - on :to provide for the transportation of • their merchandise, These are operations oftrade. They ought to be conducted by 111 - 1 .080 whn tiro in interested in them, in the same manner that the incidental difficultes , hf other pursuits are encountered by other .Closites'of,Pitiseoe, Such aid hes not been countries.— deemed fleeeagekri other ghout Europe, the doniestic as well foreign exchanges' are tarried on hy • „private houses, oflon,•if not generally, with• ' ' ;itiet Abe assistance of banks. Yet they ex '. ted throughout dietinet sovereignties, and far exceed , in amount the real exchanges of Metes. There is no reason why ` . ..4ititawn may not ter conducted in the same :•, .tier ! with equal cheapness and safety. Certainly. thin might he accomplished, if it Were thyored by those most deeply interest. • and few, can doubt that their own into. VW, a, well as the general welfare of the 'ntinitryswoeld be promoted by leaving such -"'"- subjec ttn . the hands of those to whom it belong.:iiroperly n A system founded on pri. *ate interest ,' ente r pr ise , an d competition, 'tvithoutithe aid of legislative grants or reg. eatinns by law, would rapidly prosper; it (would' be free from the influence of political and extend - the same exemption .to - trade itself; and it would put nn end to those complaiuta of neglect, partielity, injus. 4ine and iiipprenion, which are the unavoida lhle results of interference by the Govern :;,;.ment tn"the proper concerns of individuals. former attempts on the part of the Go vernment to carry its legislation, in t hi., re . . Stiect, - further 'than 'wee' deigned by the •, constitution, have in the end proved jnjuri . and have served only_to convince the great body of the people, more and more, of the certain dangers of blending private in. 'wrests with the , operations of public heel • and there is no reason to suppose that eepetition of them now wield be more sue. ceselbl, It camel be concealed that there exist, in our community, opinions and feelings on 'thiesfiblect in direct oppoaition to each oth er. A large portion of them, combining great intelligence, activity, andfluence i pm no, doubt sincere in their boner that the Operations of trade ought to be assisted by such a connexion: they regard a national 'hookas neceovary' for this purpose; and they itre disinelined to'every measure that does stet tend, sooner or , tater, to the establish ment ortguch*nn institution... On the other hand'' a majority" of the people are believed • tobo irreconcilably opposed to that measure: they se/ wider such a concentration of power ' - datigeroes to their liberties . ; and many of Otetri regard it es ti violationof the constitu ' ilif‘'' , Tbiscollieion of opinion has doubt less • • " abed • much ofthe embarrassment to which h t o te commer cialtransactions ofh country 4 lately been exposed." B.anktiog has *OR* alualitical topic of the highest in. v 7 -t-betas trade has suflbred in the conflic t speedy termination of this onAtittlimits;tiesrever deferable, is scarcely eerie' teil. We have seen; for utterly 4 -4 '`„,.. 4oo4 lnentitti, that those who advticate a 'boa, by Whatever motive they fi 11. Ime‘iced, constitute a portion el ty, tort numerous tn'allow us to . ` a *milli abandonment of their fa- 1 . c:,sitber bend,,they must IL in erroutions estimate of the • - and temper' of the American WAR that they have comic', , . . ile*°o night Or itisofficient:grnunds, their persevering opPositionth such an institution; or that they aan be iridithed by pecuniary pressure, or by, any .other combination of circurnstancee, to surrender principles they have so long and. so inflexibly maintained. My own views of the subject are 'Linehan. gad. They have been repeatedly and un reservedly announced to my fellow.citizene, who, with full knowledge of them, conferred upon me the two hig - hest offices of the Gov ernment. On the last of these occasions, licit it due to the people to apprise them, distinctly, that, in the event of .my,election, I would not be able to cooperate in - the re establishment of a national bank. Tothese sentiments, I have . now only to add the ex pression of an increased conviction that the re-establishment of such a bank, in any form, whilst it would not accomplish the beneficial purpose promised by its. advocates, would unnair the rightful supremacy of the pupa. lar will, injure the .charscter and diminish the influence of our political system, and bring once more into existence a concentra. ted moneyed power, hostile to the spirit. and threntening the permariency of our republi- can institutions. ow, indeed, after 'idanianded fruit! and an omission Kiwi*" exchange to I and serious com serve to exempli. itnong some of our powers of the Gov control to subjects interfere. They tion of an institu ts. On the eon. Local banks have been employed for the deposite and distribution ,of the revenue, et all times v:irtially, and, on three different occasions, exclusively: first, anterior,to the establishment of the first Batik of the United States; secendly,in the iniervel between the terrnieation sAciihret institution and the char ter of its successors and, thirdly, during the limited .period •which has now so abruptly closed. T 4 ,conwixinn, thus repeatedly at tempted, proved unsatisfactory on each suc cessive oecasionuotwithstanding the various measures which were adopted to facilitate or insure its success. On the last occasion, in the year 1831, the employment of the State banks was guarded,especially,in every way which experience and caution could sug gest. Personal security was required for the safe-keeping and prompt payment of the moneys to be received; and full returns of their .condition were, (rem time to time, to he made by the depositaries. in the firt stages, the measure was eminently success fulsnetwitlistanding the vielent opposition of the Bank of the United States, and the un ceasing (glints made to overthrow it. The selected banks performed, with fidelity, end . without any embarrassment to themselves or to the community, their engagements to the Government; and the system promised to be permanently useful. But when it be came necessary,under the net of June,aB3B, to withdraw from them the pnblie money, for the purpose of placing it in additFinal in. stitutions, or of transferring it to the States, they found it, in many casest, inconvenient to comply with the demands of the Treasu ry, and numerous and pressing applications were made kir indulgence or relief. As the instalments under the deposit° law became payable, their own embarrassments, and the necessity under which they lay ofcurtailing their discounts and calling in their debts, increased the general distress, and contribu• ted, with other causes, to hasten the revul sion in which, at length, they, in common with the other banks, wore fatally involved. Under these circumstances, it becomes our solemn duty to inquire whether there are not, in any connexion between the Gov °remota and banks of issue, evils of great magnitude, inherent in its very nature, and against which no precautions can effectually guard. Unforeseen in the organization of the Gov ernment,and forced on the Treasury by early necessities, the practice of employing banks was, in truth, from the beginning, more a measure of emergency than of sound policy. When we started into existence as a nation, in addition to the burdens of the new Gov ernment, we Assumed all the large but hon orable- load of debt which was the price of our liberty; but we hesitated to weigh down the infant industry of the country by resort ing to adequate taxation for the necessary revenue. The facilities of banks, in return for the privileges they ncqui red,were prompt ly offered, and, perhaps,too readily received by an embarrassed Treasury. During :he long continuance of a national debt, and the intervening difficulties of a foreign war, the connexion was continued from motives of convenience. But these causes have. long since passed away. We have nn emergen cies that make banks necessary to aid the wants of the Treasury; we have no load of national debt to provide for; and we have on actual deposilo a large surplus. No public interest, therefore,now requires the renewal of a connexion that circumstances have dis solved. The complete organization of our Government; the abundance ofour resources; the general harmony which prevails between —all enable us now to select the system most consistent with the constitution, and most conducive to the public welfai e. Should we, then, connect the Treasury,for a fourth time, with the local hanks, it can only bo under a conviction that.past failures have arisen from accidental, not inherent defects. A danger, difficult if not impossible to be avoided in such an armngementis made strik ingly evident in the very event by which it has now been defeated. A sudden act of the banks intrusted with the funds of the people deprives thEareasury,without fault or agen cy of the Government, of the ability to pay its oreditors in the currency they have by law a right to demand. .Thiacircumstance, no fluctuation of e,ommeroe could have pro duced, if the - public revenue had been col lected in the legal curreney,and kept itithat form by the officers of the Treasury. "The citizen whose waney was in bank, receives it bank, since the suspension, at a sacrifice in its amount; whilst he who kept it in the legal currency of the country,and in his own possession, pennies without loss the current of his business,. The Government, placed in the situation of the former, is involved in embarrassments it could not have suffered, had it pursued the course of the latter. These enibarraesmenteare atoreoViitaugatented by those sahgary and just laws which forbid it to use a depreciated currency,. and, by so doing,take from the Government the ability which individuals have of accommodating .their transactions to such a catastrophe, A system which oan,in a time of profowid peace,when there is a large revenue laid by, ' thwtsad4enllt preveat the atelicat iou a ild tlie he different States and with foreign powers use of the money of thaponple in the manner and for the elects they have di rected,cannot be wise. flut - who can think, without pain ful refleetion,that, under it, the same unfore seen events mightrhare befallen us in the midst ola war, and taken (*minims, at the moment when most wanted, the use of those very means which were treasured up to pro mote the national welfare,, and guard our national rights! To such embarrassments and to such dangers will this Government be always exposed,whilst it takes the moileys raised for, and necessary to, the publii ser• vice, out of the hands of its own offieers,and converts them into a mere rigkref action iitainst corporations ii pd with the pos session of them. Neiman such results be effectually guarded against in such a system without investing the Executive with a con trol over the banks themselves,whet he r State or national,that might with reason be objec ted to. Ours is, probably,the only Govern ment in the world that is liable, in the man agement of its fiscal co ncerria,to occurrences like these, But this imminent risk is not the only dan• ger attendant on the surrender of the public money to the custody and control of local corporations. Though the object is aid to the Treasury, its etrect ti►ay be to introduce int o tile op. rations of the Government influ• ences the most subtle, founded ou interests the most selfish. The use by the hanks,for their own benefit of the money deposited with them, has re• ceived .he sanction °Otte Government from the commencement of this connexion. The money received from the people, n►steud of being kept till it is needed for their use, is, in consequence of this authority, a fund on which discounts are made for the profit of those who happen to be owners of stock in the banks selected as depositories. The sup posed, and often exaggerated, advantages of such a boon,will always cause it to be souulit for with avidity. I will not stop to consider on whom the patronage incident to it is to be conferred; whether the selection and control be trusted to Congress or to the Executive, either will be subjected to appeals made in every form which the sagacity ofinte rest can suggest. The b:tnks, under such a system, are etimulated to make the most of their for tunate acquisition; the deposites are treated as an increase of capital; loans and circula tion are rashly augmented; and when the public exigencies require a. return, it is at. tended with einbarras.smentsnot provided for nor foreseen, Thus, banks that thought themselves most fortunate when the public funds were received, find themselves most embarrassed when the season of payment suddenly arrives. Unfortunately, too, the evils of the'system are not limited to the hanks. It stimulates a general rashness of enterprise, and aggra vates the fluctuations of commerce and the currency. This result was strikingly exhib iced during the operations of the late deposite system, and especially in the piirchase of public lands. The order which ultimately directed the payment of gold and' silver in such purchases. greatly checked, bUt could not altogether prevent, the evil. Specie was indeed !tore difficult to be procurenitlffl • notes which the banks could themselves cre ate at pleasure; but still,being obtained from them as a loan, and returned qs a deposite, which they were again at liberty:to use, it only passed round the circle with diminished speed. This operation could not have been perforrned,liad the funds of the Government gone into the Treasury to be regularly dis bursA, and Lut i.;to batiks to tiu learle‘l out for their own profit,while they were permit. ted to substitute for it a credit in account. In expressing these sentiments, I desire not to undervalue the benefits of a salutary credit to any branch of enterprise. The credit bestowed on probity and industry is the just reward of merit, and an honorable incentive to further acquisition. None op pose it, who love their country and under stand its welfare. But, when it is unduly encouraged; when it is made to inflame the public mind with the-temptations of sudden and unsubstantial wealth; when it, turns in dustry into paths that lead, sooner or later, to disappointment and distress, it becomes liable to censure, and needs correction. Far from helping probity and industry, the ruin to which it leads falls most severely on the great laboring classes, who are thrown sud denly out of employment, and,by the failure of magnificent schemes never intended to enrich them, are deprived, in a moment, of their only resource. Abuses of credit and excesses in speculation will happen,in despite of the most salutary laws: no Government, perhaps, can altogether prevent them; but surely every Government can refrain from contributing the stimulus that calls them in to life. Since, therefore, experience has shown, that to lend the public money to the local banks is hazardous to the operations of the Government, at least of doubtful benefit to the institutions thernseNes,and productive of disastrous derangement in the business and currency of the country, is it the part of wisdom again to renew the connextoni It is true that such an agency,is, in many respects, convenient to the Treasury; but it is not indispensable. A limitation of the ex• pensesof the Government to its actual wants and of the revenue to those expenses, with convenient means for its prompt application to the purposes for which it Was raised, are the objects which we should seek to accom plish. The collection s safe-keeping,transfer, and disbursement of the publio money, can, it is believed, be well managed by o ffi cers of the Government. Its collection, and, to a great extent, its disbursement also, have in deed been hitherto conducted solely by them; .neither national nor State banks, when em ployed,being required to do more than keep it safely while in their custody,and transfer and pay it in such portions,and at such times, as the Treasury than direct. Surely, bangs are not more able than the Government ..to secure the money in their possession against accident,violenoear fraud, The assertion that they are sommet assume that a vault in a bank is stronger thana vault, in the Treasury; and that directors,cashiers, and clerks, not selected by the Government, nor• under its control, are more worthy of confideoce than officers'selected from the people, and responsible to the Government; ofcers bound by offri at oaths and boats. Cut a faithfullterformance of their duties, and .soustantly subject lathe alipqrVilttOn of Con greBg. The difficulties of transfer, and the aid heretofore rendered by banks,have been less than is usually supposed, The -actual ac counts show that by far the larger portion of ilayments is made within short-or conve nient distances of aollectionr and the whole number of warrants i<gated at the Ti-easury. ill' this year INV-4We r,the‘roult of which will, it is believed, afford a sae test for the future—fell short of five thousand, or an av erage of less than one daily for each State, In the City of New York, they did not ave rage more than two a day; and at the City of Washington, only four, . . The diffieultios heretofore existing are, moreover, daily lessened by nn increase in the cheapness and facility olcommunicat ion and it may be nsserted,with confidence,that the necessary transfers, as well as the safe• keeping and disbursement of the public mo, neys, can be with safety and convenience, accomplished through the agencies of Trea sury officers. This opinion has been,in some dogree,confirmed by actual e%pertence,since the discontinuance of the Wks as fiscal a= gents, in May last; a period which,from the embarrassments in commercial intercouse, presented obstacles as great us any that may be liorealler apprehended. The trimmer of keeping r ho puhlin money since that period, is follv stated in the to port of the t4ecretary or the Treasury. Thai officer also suggests the propriety of assign• ing, by law, certain additional duties to ex ist lug establishments and oflicers,whiell,with the modifications and safeguards referred to by him, will, he thinks, enable the depart- ment to continue to perform this branch of the public service, without any material ad• dition either to their number or to the pre sent expense. The extent of the business to be transacted has already been stated; and in respect to the amount of money with which the officers employed would he en trusted at any one time, it appears that, as suming a balance of five millions to be at all times kept in the Treasury, and the who!: of it left is) the bonds of the collectors and receivers, the proportion of ouch would not exceed an average of thirty thousand defiers; but that, deducting ape million fur the use oftke Nlintsind assuming the remaining four millions to be in the hands of onelielf of the present number of officers—a supposition (learned more likely to correspond with the fact—the sum in the hands of each would still be less than the amount of most of the bonds now taken from the receivers of pub lie money. Every apprehension, however, on the subject, either in respect to the safety of the money, or the faithful discharge of these fiscal transactions, may, it appears to me, be effectually removed by adding to the present means of the Treasury, the estab lishment by law, at n few important points. of offices for the deposit and disbursement of such portions 'of the public revenue as can not, with obvious safety and convenience, be left in the possession of the collecting offi cers until paid over by them to the public creditors. Neither the amounts retained in swots hands, nor those depasited in the offices would, in an ordinary condition of the reve nue, be larger, in most cases, than those of ten under the control of 'disbursing officers of the army and navy, and might be made entirely safe, by requiring such securities and exercising such controlling supervision as Congress may by law prescribe. The principal officers whose apointments would become necessary under this plan, taking the largest number suggested by the Secre tary of the Treasury, would not exceed ten, nor the additional expenses, at the estimate, sixty thousand dollars a year. There can be no doubt of the obligation of those who are intrusted with the airlift; of Government to conduct them with as little cost to the nation es is consistent with the public interest; and it is for Congress, ind ultimately for the people, to decide whether the benefits to be derived from keeping our fiscal concerns apart, and severing the con• nexion which has hitherto existed between the. Government and banks, offer sufficient advantages to justify the necessary expense. If the object to he accomplished is deemed important to the future welfare of the coun try,l cannot allow myself to believe that the addition to the public expenditure of compar atively so small un amount as will be necessa ry to effect it,will be objected to by the people. It will be seen by the report of the Post master General, herewith communicated, that the fiscal aff.►ira of that department have been successfully conducted, since May last, upon the principles of dealing only in the legal currency of the United States; and that it needs no legislation to maintain its credit, and facilitate the management of its concerns; the existing laws being in the o pinion of that officer,ample for those objects. Difficulties will doubtless be encountered for a season,tend increased services required from the publio functionaries: such are u sually incident to the commencement of ev ery system, but they will be greatly lessen ed in the progress of its operations. The power and influence supposed to be connected with the custody and disburse ment of the public tnoney,are topics on which the public mind is naturally, and with great propriety, peculiarly sensitive. Much has' been said on them, in reference to the pro posed separation of the Government from the institutions; and surely no one can object to any appeals or animadversions on the sip ject, which are consistent with facts, and evince a proper respect for the intelligence of the people. _ If a Chief Magistrate may be allowed to speak for himself on such a . point, I can truly say that to me nothing would be more acceptable than the with• drawal from the Executive, to the greatest extent, of all concerti in the custody and disbursement of the public revenue; not that would shrink from any responeibility cast upon me by the duties of my office, but be cause it is my firm belief that its capacity tot usefbiness is in no degree promoted by the possession of any patronage not actually , necessary to the performance of those duties. But, under ourpresent form of government, the Intervention of the executive officers in ' the custody and disbursement of the public ussecy seems unavoidable; and,, befoso* yea be admitted that the influence isnd plover, r ot the Executive would be increased by pensirtg with the , agency of banks, the na. tdre of that intervention in such an agency Most be carefully regarded, and a`compari• son must be instituted between its extent in the two eases, The revenue can only be collected be of fie.ors appointed by the President, with the advice and consent of the Senate. The üblic moneys, in the first instance, must, 'tffi!;eefore, in all cases, pass through hands selected-by ; the Exenutive. Other officers, appointed in the same way, or, as in some cases, by the President alone, must also be entrusted with them, when drawn for the purpose of disbursement. It is thus seen, that even when banks are employed, the public funds must twice pass through the hands of executive officers. Besides this, the head of the 'Preasury Department, who also holds office nt the pleasure of the Pre. sident, and some ,other officers of' the same department, must necessarily be invested with more or less power in the selection, continunnee, and supervision of the banks that'may be employed. The question is then narrowed to the seigle point, whether, in intermediate stage between the collection and disbursement of the public money, the agency of banks is necessary to avoid a dan gerous extension of the patronage and influ ence of the executive? But is it clear that the connexion of the executive with power ful moneyed institutions, capable of admit) istering to the interests of men, in points where they are most accessible to corrup lion: is less liable to abuse than his consti tutional agency in the appointment and con trol of the few public officers required by. the proposed [den? Will the public money, when in their hands, be necessarily exposed to any improper interference on the part of the Executive? May it not be hoped that a prudent leer of public jealousy and disap• probation, in a manner so peculiarly exposed to them, will deter him from any such inter ence, even if higher motives be lotted mope• rative? May nut Congress so regulate, by law, the duty of those offivers, and subject it to such supervision and publicity, as to prevent the possibility of' any serious abuse on the part of the. Executive? And is there equal room for such supervision and publi• city, in a connexion with banks, rutting un• der the shield of corporate immunities, and conducted by persons irresponsible to the Government and the people? It is believed that a considerate and candid investigation of these questions will result in_the convic• lien that the proposed plan is far less liable to objection, on the genre of Executive pa tronage and control, than any bank agency that has or can be devised. With these views, I leave to Congress the measures necessary to regulate, in the pre sent emergency, the safe keeping and trans fer of the public muneys. In the perform once of constitutional duty, I have stated to them, without reserve, the result of my own reflections. The subject is of great impor tance, and one on which we can snarcely expect to be as united in sentiment as we are in interest. It deserves a lull and free dis cussion, and cannot fail to be benefittod by a dispassionate comparison of opinions. Well aware myself of the duty of reciprocal con cession among the co ordinate branches of the Government, I can promise a reasonable spirit of cooperation, so fir as it can be in dulged in without the surrendor of constitu- tional objections which I believe to be well fbunded. Any system that may be adopted should he subjected to the fullest legal pro. vision, en as to leave nothing to the Execu• five but what is necessary to the discharge of the duties imposed on him; and whatever plan may be ultimately established, my own part shall be so discharged as to give it a fair trial and the best prospect of success. The character of the funds to be received and disbursed in the transactions of the Go vJrianent, likewise demands your most care ful consideration: There can be no doubt that those who from• ed and adopted the constitution, having in immediate view the depreciated paper of the confederacy—of which five hundred dollars in paper were, at times, only equal to one dollar in coin—intended to prevent the re currence of similar evils, so far, at least, as related to the transactions of the new Gov ernment. They gave to Congress express powers to coin money and regulate the va lue thereof, and of filreign coin; they refused to give it power to establish corporations the agents then, as now, chiefly employed to create a paper currency; they prohibited the states from making any thing but gold and silver a legal tender in payment of debts; and the first Congress directed by positive law, that the revenue should he received in nothing but gold and silver. Public exigency, at the outset of the Go. vernment, without direct legislative autho• rity, led to the use of banks as fiscal aids to the Treasury. In admitted deviation from the law, at the same period, and under fhe same exigency, the Secretary of the Trees: ury received their notes in payment of duties. The sole ground on which the practice, thus co►nmenced,was then, or has since been justified, is the certain, imrnedi. late, and convenient exchange of such notes for specie. The Government r did, indeed, receive the inconvertible notes of state banks during the dilliculties of war; and the com munity submitted without a murmur to the unequal timition & multiplied evils of which such a course was productive. With the war, this indulgence ceased; and the banks were obliged ogain to redeem their notes in gold and silver: The Treasury, in accord ance with previous practice, continued to dispenbe with the currency required by the act o f . l'M), and took the notes of banks, in full confidence of their-being paid in specie on demand; .and Congress, to guard against the slightest violation of this principle,hAve declared by law, that, if notes are peid in the transactions of, Government,. it. Esust be under such circumstances as to. enable the holder to convert them Waved° without depreciation or delay. Of my own duties,. under the existing laws, when the banks suspended specie pay• ments, I could, not &tan. Directions mere immediately given to prevent the reception WO the Treasury of any thing bat gold and ;savor or its egnivalent;: and every practice• ble arrangement was made.to preserve the 'ptiblic faith, by similar or eviyalent pay• napa,ts to, thp ptiblic coeditors. The woven uet froin lands had lien for smite time sub. stantially Ito collected, under the order issu ed.by directions or my pretkieessm. The effects of that order had been so salutary, and-its forecast in regard to the increasing insecurity of bank paper had become so an. parent, that, even before the catastrophe, had regolved not to interfere with its opera. tion. Congress is now to decide whether the revenue shall continue to be so collected or not. The receipt into , the Treasury of bank notes not redeemed in specie on demand, will not, I presume, be sanctioned. It would destroy, without the excuse of war or public distress, that equality of imposts and identi ty of commercial regulation, which lie et the foundation of our confederacy.and Would offer to each State a direct temptation to increase its foreign trade by depreciating the currency received for gut ies in its ports. Such a proceeding would also, in a great degree, frustrate the policy, so highly cher. ished, of infoing into our circulation a far. ger proportion of the precious .metals; a .policy, the wisdoin of which none can doubt, thong,h there may be different opinions as to the extent to which it should be carried.— Its results have been already too auspicious, and tie success is too closely interwoven with the future prosperity of the country, to permit us for a moment to contemplate its Abandonment. We have seen, under its in- Iltier,ce, our specie ati , inente(Lbeyond eig4. ty ; our coinage increased so us to make that of gold (uremia, between August, 1831, and Decemher, 18:U1, to ten millions of dollars; exceeding the whilla coinage at the Mint during the thirty one previous veers. The prospect ofihrther improvement con tinued without abatement until the mom.ent of the suspension of specie pay tw.nts. This volley has now, indeed, peen suddenly check. ed, but is still far from•being overthrown.— Amidst all conflicting theories, one position is undeniable ; the precious metals will in• variably disappear when there ceased to be a necessity for their use ape circulating me. ilium. It was in et rict noonrdantte with this truth, that whilst, in the month of May last, they were every where seen, and wore cur. rent fin. all ordinary purposes, they dump... peered from circulation the moment the pay. • meat of specie was refused by the banktr4:: and the community tacitly agreed to die. . pense with its employment. Their place was supplied by a currency exclusively of paper, and, in many eases, of the worst de. script ion. Already are the banknotes now in circulation greatly depreciated, end they fluctuate. in value between one place mid an other; thus diminishing and making uncer. lain the worth of property nnd the price of labor, and fhiling to subserve, except at a heavy lose, the purposes of holiness. With each succeeding day, the metallic currency _decreases; by some at is hoarded, in the nat• urel fear that, once parted with, it cannot be replacedi while, by others, it is diverted from its more legitimate uses for the sake of gain. Should Congress sanction this condition of things, by making irredeemable paper mo ney receivable in payment of public dues, a temporary check ton wise and salutary pol icy will, in all probability, be converted into its absolute destruction. It is true that bank notes actually con. vortiblo into specie may be received in pay ment Of the revenue, without being liable to all these objections, and that such a course may, to some extent, promote - individual convenience—an object always to be consid ered, • whore it does not conflict 'with the principles of our Government, or the gener al welfare of the country. If such notes • only were received, and always under cir cumstances allowini , their early presenta tion for payment; an d' if, at short and fixed periods, they were convened into specie, to be kept by the officers 'of the Treasury, some of the most serious obstacles to their reception would, perhaps, be removed. To retain the notes in the Treasury, would be to renew, under another form, the loans of public money to the banks, and the evils. consequent thereon. It is, however, a mistaken impression, that any large amount of specie is required for public payments. Of the seventy or eighty millions now estimated to be in the country, ten millions would be nbundantly sufficient for that purpose, provided an ac cumulation of a large amount of revenue, beyond the necessary wants of the Govern. want, be hereafter prevented. If to these consaferations be added the facilities which will arise from enabling the Treasury to, satisfy the public creditors, by its drafts or notes receiiahle in payment for the public dues, it may be safely assumed that no mo tive of convenience to the citizen requires they reception of hank paper. To say that the refusal of paper money; by the Government introduces an unjust die crimination bet Ween the currency received' by it,' and that used by individuals in their ordinary affairs, is, in my judgment, to view; it in a very erroneous light. The ceastitu , tion prohibits the States from making any. thing but gold and silver a tender in the , payment of debts; and thus secures to every citizen a right to demand pavisant in the le gal currency. To provide, by law 'that the. Government. will only receive its dues in, gold and silver, is not to. confer on. it any peculiar privilege. but merely, to place it on an equality with the citizen, by reserving to it a right secnredbo him by the constitution, It is doubtless for this reason that the prin, ciple has been, sanctioaed .by suicoefstimti laws, front take time of the Rost 'Congress under( the. conetitaiion, dawn to the last.— Such, precedents, never oblected to, and•pro .ceoding. from such-sources„aftlird aideciAve ,answer to the imputatioactineckutility oe ie. iestice.. NA, in, fact, 41/3 faelgiltPa to übl one , er re. stoction, not °flavor, Teferbid th,e p iigent to receive in payment any other than ic o r mone y" i s , to refuse him a event citizen. it a certain kind, discretion possessed by ;may be left to those who have the manage. 'meat of their ows, transactioss to make their ;own termer: but no suck dit3efet inn should be 'me t ', t o hi m w ho, acts merely as an.agest inf the. people, vehnis tocellect what the law :requires,. and to pay the appropriations it makes. Whettbanknoteaneacathiented Oen - band% there: 4 then no discritetiestion i ' reality, fur the individual whg.seicifivesthmn may, at his opt . aoni.bUtiptote the specte tor '. them; he takes thow f.t*nconvenience or choice.. When they are not so 'redeemed, it-will scarcely be contended that their re - reipt and s payment, by a nublic o ffi cer, should he perm.tted, though none deny that right to an individual; - if it were, the effect • would be moist injurious to the public, since their . officer vatid make none of those ar rangements to meet or guard against the depreciation, which an individual is at lib erty to do. Nor can inconvenience to the Community be alleged as an objection to I such a regulation. Its object and motive are their convenience and welfare. - If, at a moment of simultaneous and un expected suspension by the banks, it adds something to the many embarrassments of' that proceeding, yet these are far overbal anced by its direct tendency to produce a wider cir Nation of gold and silver, to in crease the safety of bank paper, to improve the general currency, and thus to prevent altogether such occurrences, and the other and far greater evils that attend them. It may, indeed, be questioned, whether it is not for the interest of the banks ahem _ selves that the Government should not re ceive their paper. They would be con ducted with more caution, and on sounder principles. fly tieing specie only in its transactions, the Government would create a demand for it, which would, to a great extent, prevent its exportation, and, by keepirer it in circulation, maintain a broad er and safer basis for the paper currency.— That the banks would thus be rendered more sound, and the community more cannot effort or a doubt. The fivegning viewp,it seems to ine,do but fair ly carry out the provisions of the Federal Coma' lotion in relation the currency.tin fur as relates to the public revenue. At the unto that initrument was framed. there were but three or four hanks in the U. States; and had the extension of-the bunk ing systole, and the evils growing nut of it, been foreseen.they would probably have been specially guarded against. The same policy which led to the prohibition of bills credit by the Statee,would doubtless,in that event, have also interdicted their issue us a currency in any oilier form. 'l'ho Con. • etitution.howaver. confides no such prohibition— and since the Stades have exorcised, for nearly , half a century.tft power to regulate the busjnesa . • of banking. it is not to be n.xpecied that it will be , .abendoned. The whole matter is now under die I cutaion before the proper tribunal—the People of the. Staten. . Never before has the public mind been so the- / • roughly awakened to a proper sense of its impor . fiance; never has the subject, in all its bearings, Jieen • submitted to so searching an inquiry. It mould be distrusting the intelligence and virtue of .the people to doubt the speedy and efficient edop lion of such measures of reform as the public, .good demands. All that can rightly bo done by. the Federal Government, to primate the accom .plishment of that important object, will,without .doubt, he performed. In the meantime, it is our duty to provide all the remedies against a depreciated paper Curren-' cy which the . Constitution enables us to afford. The Treasury Department, on several former oc. I .casions, has suggested tho propriety and import .anoei of a uniform law concerning bankrupcios of corporattoes;and Other bankers. Through the in. strumentality . of such a law.a salutary cheek may doubtless be imposed on the issues of paper money and en effectual remedy given to the citizen in a way at once equal in all parts of the Union, and fully authorized by the Constitution. The indulgence granted by Executiveratitheri. ty to the payment 'of - bonds for duties,has boon al inady mentioned.' Seeing 'haulm immediate on - - forceinent of those obligation', • would subject a large and highly respectable portion of our chi. sena to great sacrifices, and believing that a tem. porary postponement could be made without do lament to other interests and with increased car . Minty of ultimate payment, I did not hesitate to comply with the request that was made of me.- - The terms 'Mowed arei,to the full extent, as liber al as any that are to be found in the practice of , , the Eieintive Department. It remains for Con ' gross to deceide whether a further postponement may not with propriety be allowed,and,if so,their legislation upon the subject is respectfully invited. • The report of the Secretary of the Treasury will exhibit the condition of those debts; the ex tent anti *Alba of the present indulgence; the pro. bable result of its further extension on the state of the Treasury,and every other fact necessary to • a full consideration of the subject. Similar infor mation is communicated in regard to such dope. sitories of the public moneys as are indebted to the Government, in order that. Congress may'also adopt the proper measures in regard to them.. The receipt and expenditures for the first half of the year, and an estimate °ribose for the real. due. will he laid before you by the Secretary of the Treasury. In his report of December last, it' • was estimated that the current receipts would full' abort of the expenditures by about three millions of dollars. It will be soon that the difference will be Much greater. This is to he attributed not on ly to ihtioccurrenee of grouter pecuniary embar rassments in the business of the country than those which were then predicted,und,consequent lha greater diminution in the revenue, but also to the fact that the appropriatioua exceeded by nearly six million,' the amount which was asked ' for in the estimates then submitted. The sum ne cessary for the service of the year beyond the pro bable recebte. and the amount which it was in- tended should be reserved in the. reasury at the commencement of the year. will he about six mil - lions. If the whole of the reserved balancelio nut at once applied to the current' expenditures, but four be Still kept in the Treasure. as seems most expedient, for the uses of the mint. and to meet contiogencies,the sum needed will beslo,ooo,ooo. lo making this estimate, : the receipts are cal , culated an the supposition of some further eaten lion of the Indulgence granted:in the payment of bonds for duties, which will affect the amount of the revenue for the present yeas to the extent of two and a half millions. It is not proposed to procure the required a. mount by loans or increased taxation. There are pow in the Treasury 89,367,214. directed by the lot of the 23c1 Jumi.lB36,to be deposited with the States in October next. Thiii sum, if so deposited, will be subject, under the law, to be recalled, tf needed, to defray existing appropriations; and as it is now evident that the whole, or the principal part of it, will be wanted for that purpose, it ap pears most proper that the deposits suould be withhold. Uctil the r niount can be collected from the banks.Tressury notes may he temporarily is. sued, to be gradually, redeemed as it is received. I am aware that this course may be productive of inconvenience to many of the States. Relying upon the acts of Congress which held out to them • the strong probability.-if not the certainty, of re. ceivingi this instalutent,they --se in 'mine melon. ceitadopted reareues with which its retention may seriously - interfere. That such a condition of things should have occurred, is much to be re. petted. It is not the least among the unfortu• pate results of the disasters of the times and It ie for Congress to devise a fit remedy, if there be one. The money being indispensable lathe wants of - the Treasury; tt is difficult to conoelve upon wbat principle of justice or expediency.lts appli. cation toting object can be avoided. To recall - se portion ofthe'runis tilamidy dopesited with thii Siates,would be more inconvenient aud less elft eientL to btuthen tliis country • with increased tax stint,. when there is in fact a largo sioplus resell nue t would be unjust and unwise; to raise. moneys • by loans. under such circumstances, and thus to -- commence - I new national debt;witialdse.srcely be sanctioned by the American people. Theplenurtiposed will be adequate to all our fiscal ceerestous,durtus the remainder dt the year. Should Abe Saved, the lik'itoury,, aided by the mettle re• sources of the coantryiwill be able to disoharge,pone. tuslly,every pecuniary, obligation. For tho fature,all that Is needed twill be._ thatcaution and forbearers,* in approprilitions, which the dime:Mien of the revenue , requires, and which the complete accomplishment or great forwardness of many expensive national under takings renders equally consistent with' prudence and patriotic liberality. The preceding suggestions and recommendations are submitted, in the belief that their adoption by Conzress :will enable the Eveentive Department to conduct our fiscal concerns with success, so far as their management has been committed to it.. Whilst the objeets, and the means proposed to attain them, are within its constitutional powers and appropriate duties,they will,at the sante ttme,it it hoped,by their necessary operation, afford essential aid in the trans. action of individual concerns, and thus yield to the people at lurge.in a form adapted to the nature of our Government. Those who look to the action of this Government for specific aid to the citizen to relieve embarrassments arising from losses by revulsions in commerce und credtt,lpse sight of, the ends for which it was crented,and the powers with which it is cloth ed. It was established to give security to its all,in our lawful stud honorable pursuits, under the tastier safe guard of republican institutions. It was not intended to confer special faiors on individnals,or on any class es amen; to create systems of agriculture, manufac tures or trade; or to engage in them, either separate ly or in connexion with 'individual citizens or organi zed associations. If its operations were to he directed for the benefit of any one class,equiyalent favors must in justice,be extended to the rest; 'and the attempt to bestow such favors with au equal hattd,or even to se lect those who should most deserve them. would nev er be successful. All communities are apt to look to Government for too much. Even in our own country, where its powers and ditties are so stnctly limited, we are prone to do so, especially at peticxls of sodden embarrassment add distress. But this ought not to be. The framers of our excellent constitution.and the pea ph- who approved it with calm and sagacious delibe ratien,acii d at the time on a speeder pvinciple. They wisely judged that the less Government iuterferee with private pursuits, the better for the general pros• perity. It is not its lee.itimate object to make men rich ,or to repair,by direct gr.ints of inoney.or legisla tion in favor of particular pursuits, losses not incurred in the public, service. This would be, substantially. to use the property of some for the benefit of others. But its real ditty— that duty ,the p,,rformance of which makes a good Government the most precious human blessings—is, to enact and enforce a system of gener al laws commensurate with, but not exceeding, the objects of its establishment; and to leave every citi zen and every interest to reap. under its benign pro. tection,i he rewards of virtueondustry and prudence I cannot doubt that on this, as on similne.riccasions, ' the Federal Government will find its agency most conducive to the security and happiness of the pee , ple,when limit,d to the exercise of its conceded pow ' eys. In never assuming,even fur a well meant object. such powers as were not designed to be conferred on it,we shall, in reality, do most for the general wel fare. To avoid every unnecessary interference with the ;monks of the citizen, will result in more benefit than to adopt measures which could only assist limi ted interests,and are eagerly, but perhaps naturally, sought for, under the pressure of temporary circum stances. 11,therefore,I refrain from suggesting to Con• cress any specific plan for regulating the exchanges of the country, relieving mercantile embarrassments, or interfering with the ordinary operations of foreign or domestic cominerce,it is from aconviction that such measures are not within the consti•iitional province of the General Government. and that their adoption would not promote the real and permanent welfare of those they might be designed to aid. The difficulties and distresses of the limes, though I unquestionably great,are limited in their extent, and cannot be regarded as affecting the permanent pros perity of the nation. Arising,in a great degree, from the transactions of foreign and domestic commerce, it is upon them that they have chiefly fallen. The great ; agricultural interest has, in many parts of the country suffered comparatively little; and, as if Providence intended to display the munificence of its goodness at the moment of our greatest need,and in direct con ' trust to the evils occasioned by the waywardness of man, we have been blessed throughout our extended , territory, with a season of general health and of un common fruitfulness. The proceeds of our great sin ! files will soon furnish the means of liquidating , debts j at home nod ahroad,and (lie restoration of commercial ' credit. The banks, established avowedly for its imp- Port, deriving their profits from it, and resting under obligations to It which cannot be overlookcd.will feel at once the necessity and justice of uniting their en ergies with those of the mercantile Interest. The suspension of specie paymenta,at such a time,and un der such circumstances as we have lately witnessed, could not be Other than a tenaporsay measure; and we can scarcely err In belle•ing that the Orient must , soon arrive when all that are solvent will redeem their issues in gold and silver, • Dealings abroad na turally depend on resources and prosperity at borne. If the debt of our merchants has accumulated,or their credit Is Impsired,theso are fluctuations alwnya inci dent to extensive or extravagant mercantile transac tions. But the ultimate security of such obligations does not admit of question. They are guarantied by the resources of a conntry,the faiths of wheat- industry afford abundant means of ample liquidation and by the evident interest of every merchant to sustain a credit hitherto high, by promptly applying these metro, for its prieservation. I deeply regret that events have occurred which require me to ask your consideration of such serious topics. i could have wished that, in making my first communication to the assembled representatives of my country. I had nothing to dwell upon but the his tory of unalloyed prosperity Since it is otherwise, we can only feel more deeply the responsibility of the respective trusts th.t have been confided to us, andoinder the pressure of difficulties, unite in invok ing the guidance and aid of the Supreme Mier of Na tions,and in laboring with zealous resole ion to over• come the difficulties by which we are environed. It isoinder such circumstances, a high gratification to koow,by long experience, that we act for n people to whom the truth.honreyer ufflwornising, can always be spoken with safety; for the trial of whose patrio tism no emergency is too severe; and who are sure never to desert a public functionary honestly laboring for the public good It seems just that they should receive, without delay, any aid in their embarrass ments which your deliberations can afford. Coming directly? 'from the midst of them, stud knowing the course of events in every section of our country, from you may best be learned, as well the extent and na ture of these embarrassments, as the most desirable measures of relief. I am aware,however, that it is not proper to detain you, at present, longer than may be demanded by the special objects for which you are convened. To them, therefere,l have confined my communiation; and, be lieving it will not be your own wish now to extend your deliberations beyond them, I reserve, till the usual period of your annual meeting, that general in formaticn on the state of the Union which the Con stitution requires me to give, Martin Van Buren. WASHINGTON CITY, Sept. 4, 1837. From tho Columbia Spy of Saturday last. CGLLECTOR'S OFFICE, '"? COLUMBIA, Sep, Ist, 1837, • 3 - WWEJNIZr REPORT. Amount of Tall received at this office per last weekly report, $132,608 40 Amount received during the week ending this day, 5,806 16 Whole amount received up to Sep. 2d, $138,314 56 W C. M'PHERSON, Collector. lIYMENtAL REGISTER. MARRIED. On the sth inst. by the Rev. Mr. Watson, Mr, ANDREW MEHAFFEY, of Lancaster City, to Miss ELIZABETH, daughter of John B. Mc- Pherson, Esq. of this place. t) -Accompanying the above notice, we received a handsome proportion of Cake, for which the parties have our thanks, as well as our best wishes for their prosperity had happiness. May the delight of the beautiful Bride be to live in the discharge of all the duties of ,a n ik and mother, and in the practice of every virtue befitting the station she has, assumed. To her partner, we would say: • "Thou hest taken her iu gladness • ' "From the altar's holy shrine, "Ohl remember, in her sadness, "She is thine and only thine. "She will be to thee a blessing, "And a shield to her be thou.'", And.may you both be blest in after life with as Many bappy„ smilin g MA-ILAVE-111E'S as gathered a round us to receive a share of the "Bride's Cake!". On the saaass.. emou g ufr , by the'Rev. Mr. Brown,. Mr. PcTan _Wrens, of indiano (formerly of this place) too Miss • MARI7AIVET -BUILT, daughter of e. Peter Sheet, of this Borough, 4 the 314 ult. by Rev. Mr. Keller,. Mr. Grannoa. Borne. to MiRS E1.11.A11,11T11 DIETRICtIi both of Strahan Township - , Adams county.. On the 4th inst. by the same, Mr. Gaortaa Ita entaan to Atiss MAADIXZXS Kants,•botb..of Ad— runs county... Irti‘;:k• STAR & REPUBLICAN BANK P. Hit ROI ERT W. MIDDIXTON. GETTTSBITRGri s PA. Fitilla Sept. 8, I 831'. EMV3ggqz7l BE IT REMEMBERED, FILEERLENt Ocji-That the suceessof wholesome Constitotienal Re form—the curtailment of Corporate Privileges—the restoration of a Sound Currency—the Freedom of the Press—the preservation of Equal Rights and Public Morality 7 the extinction of irremponsibte money Cor porations—the RE-ELECTION OF THE PRE SENT IVORTHYDEMOCRATIC ANTI-MA SONIC GOVERNOR in IS3S—the PROSTRA TION OF THE MASONIC VAN BUREN SHIN PLASTER PARTY 'and Explosion of their HUM BUGS—the triumph of Republican Principles, and the PERMANENT ASCENDANCY OF THE DEMOCRATIC ANTI-MASONIC PARTY - in Pennsylvania, as well as of securing. the election of the Patriot HARRISON in 1840, aro questions which will be greatly and deeply affected, as regards their ultimate decision,WlY THE ELECTIONS THIS FALL. 4X) This is our firm and deliberate opinion; and we therefore, for the advancement and success' of the above Principles and Measures, do now NAI OUR FLAG TO.TIIE MAST—where it must re;' main until it shall PROUDLY and TRIUMPHTLY WAVE OVER THE BROKEN FORCE" OF TILE MASONIC VAN BUREN SHIN P LAS TER PARTY—]j' WHICH IT ASSUREDLY WILL AT THE APPROACHING ELECTIONS. ~_ ~ ~' President's ellessage. cii•We hasten to lay this Document before our renders. (0- At the meeting of Congress on Monday last, JAmts IC. Poi.K., of Tennessee, was elected Speaker. and WALTRIP( S. FRANgtIN, of Pa., Clerk of the House of Reptesentatkcs. In the Senate, Secructi HAinur was elected Sergeant at-Arms, and EDWARD Vill;Tr.tt Doorkeeper. dn OW .'lpph'. (0-- We were presented last week; by Mrs. Du n- BORA w, of Mountpleasant township, with an Ap ple which was pulled from the tree on the Bth of October last.. It was perfectly sound, .arid highly flavored. _Delegate Elections. cc TO-MORROW is the day for electing de egatett to the County Convention on Monday nex We hope to see every township represented. Seteatorial qWe would suggeBt the propriety of holding a SENATORIAL MEETING at Shippcnsburg on Saturday the 30th instant. Let ALL par tics attend and be heard. If our friends in other parts of the District name we will notify our friends to that effect in our next. It might be well for our Delegates on Mon day next to fix the day by resolution. • Great Diseussioa! Resolved, That the MASONIO VAN BUREN PARTY be requested to meet with" us in COUN TY MEETING on the 16th of Septembcr, and .PUBLICLY DISCUSS THE INTERESTS Or THE COUNTRY. . i rryln accordance with the above Resolution, it is expected that there will be A GREAT MEET ING OF THE PEOPLE on the 16dt iost. when the questions embraced in the resolution wilfbe discussed. From all quarters of the • county we hear of persons who will be in attendance. It will no doubt be the largest meeting ever held in the . County of Adams))) any party,or on any occasion. If any hay() not yet made up.their minds to attend, we advise the' to do so at once. The questions to be discussed interest ALL—the Farmer, Me chanic, Tradesman—the friend of Equal Rights. the Supremacy of the Laws, the Rights of Man— every interest dear, to us ALL As 'PENNIITLVANI. Alas—as AMERICAN FREEMEN. Then lot ALL parties end classes 'of the People attend ON THE SIXTEENTH INSTANT. ' The liottlikS: The hanks! - xs 1 " appears to be the only hob by or war-cry in the eyes of the SHINPLASTER ORGAN up town ! “.The Banks" is the first captiorrwhich attracts the attention. On receiv ing that paper, you open it, and run your oyes over its pages, and scarcely any thing else you find but “the Bunks," "the Banks," as if the Major really swallowed banks internally ! And what is all this cry about Banks for !— Simply to draw the attention of the People from the FOLLY and WICKEDNESS OF THE JACKSON VAN BUREN PARTY ! Having involved the country in ruin and distress, they are now endeavoring to foist their vileness upon the shoulders of the Banks; and are abusing and vilifying them• in order to induce the belief that they are the entire cause of the present distress, and that "the Democratic. party" are and were al ways opposed to Bunking Institutions ! We tire no friend to rotten Banks, but aro and always have been their opponent; but strict jus tice and honesty require us to say, that there is as much,. if not more dishonest/ in the attempted warfare against all Banks by the Jackson Van Buren party. The attempt by a few unprincipled Demagogues of that party to get up an "Anti ' Bank party," is but a WICKED and FALSE SCHEME TO DIVERT THE PEOPLE FROM THE TRUE ISSUE TO BE DECI DED THIS FALL. Let this be remembered by the intelligent freemen of 4dirms, and let them not be deceived by such would-be 'Guinean!. 'F'e peeve that we are correct in what we are stating; read the following extracts from the Tioga Phoe nix, a leading Vau Buren paper of this State : "How often do we hear the charge reiterated that the democratic party ARE orrosen absolutely to the credit system, AND YET HOW ABSO LUTELY FALSE IS , SUCH A CHARGE." ~ W e go for re-chartering the Banks 7 -but for re-charteriug them with proper restrictions: AND SUCH IS THE DOCTRINE OF THE DEM OCRATIC PARTY." al - Mice from Rhode Islandd• cryfhe.electiork in Rhnde Island last week, ter minated in the DEFEAT OF TEE MASONIC VAN BUREN SHIN PLASTER PARTY!-- MCBSDE4. Cuizts.rox and Tri.t.trinniAsT have been. eleetedto Congress by uliwards.oraTHOOElAND majority Resumption of Specie Payments. oFroto thesuluoined extract from .the Phila delphia Correspondent of the Boston Atlas, it would seem. that qui Banki of Philadelphia have serious intentions , of resuming Specie payments at an early day: “I)IIIL,kDELPH lA, August 30, 1837. g.i.paid a visit to-day to the 1 4 ' in this city; and . . , f found - every :part of -it piny .bnaily at work. I learnedotm, that till within a few days past, the operations of this establishment hid been for some time at a standstill, for want of bullion to coin.— However, within the few list days, the Bank of the United States, the Girard bank, and several other of the city, banks have been sending in great 'quart t iti es pf gold and silverto be coined; and fresh sup plies,,from the same sgurces aro coming in every day. I must cafess, this 10 - oks very much to me, as though the Banks here were getting ready for a resumption of specie payments; and probably, on the part of the Philadelphia Banks, this, kind of preparation is not unnecessary; as they may expect to bleed freely, until the community is once more supplied with "hard money" change. "The mint was very active in the manuficture of these same must! coins, which at present have so entirely dis appeared from circulation. They are of the now impression, which I think is much more beautiful than the old one." o:l.The Democratic Anti-Masons of Lancaster county have pocuinated tho following. ticket for Abscuibly— GEORGE FORD, Jr. CORNELIUS COLLINS, SOLOMON BLUER, ABRAHAM KAUFFMAN, BENJAMIN G. HERR, JACOB REDDIG. CrMr. 'hum. S t ,of the Theological f3.•.m. inary of this place, has, we !cam from the Luthe ran Observer, accepted n call from the Evangelical Lutheran Church of NVincliester, Va. - [Communicated Look at the Picture. Mu. Minnrcrox—lmmediately after laying down the last "Republican Compiler," a friend put into my hands a copy of the "Tiuga Phoenix," and directed my attention to a very sensible arti cle therein—front which I extract the following paragraph, which I desire, you to insert. However much I may have been opposed to some of the mert and measures of the Anti-Ma sonic party, I must confess that the leading mea sures of that party, and the consistency and inde ; pondence of the prominent members of that party, are far more preferable and commendable than tho course now pursued by the would-be leuthr of the party to which I have heretofore felt prfaid to belong; and which, Mr. Editor, I would rO/67Ce to see successful ; hut which never can whi such Demagogues as the Compiler faction at its head. I believe that your partphave the INTER ESTS OF THE _COUNTRY AT HEART— and I shall lend my humble assistance to promote those interests, even at the'tisk of being charged with.liaving been "drummed" out of my own par ty by _the valiant Major, who is determined to place the whole Democratic party of the County upon his shoulders. lam ono of those whom he doubtless means when he says "All consistent men will turn from such trimmers and miscreants (As utmsEt.r) in disgust!" • -But to the extract. It says—"ln all parties there,ere some WINDY DEMAGOGUES who lay claim to superior wisdom,and would fain he considered 'LEADERS, because forsooth, they can talk. the loudest and rant the longest ! Such men are a curse to any party, and a disgrace to anYsepuse they may advocate !: Unfortunately, among the democratiC party may be found a few of that very class—a few ultra radicals, who stren uotiely advocate the doctrine that "the greater the ,t10,366.6c%_ttie the the happiness,', and would fain'tersuade the people that if we could only re trograde hack "to primitive times," when men slept on hemlock boughs, cut wood with flint hatchets; and made- change with crooked sticks, we, should indeed he a happy people! such fan atics deserve not the name of politicians, end 'aro the pest ofsocietyl". It is a correct picture of those who are leading the Democratic party of Adams county to destruc tion!..• A DEMOCRAT. INFORMATION WANTED ltixontrrotr—lii it correct that the Post maiite'r of this place, while at Philadelphia to see the Ship "Pennsylvanian" launched, sold a large quantity of Gold and Silver at a considerable pre mium'? HONESTY. H.►LYs op SCceic, &c.—We understand from the Philadelphia Herald, that a meeting of the officers and Directors (or a portion of them) of the Banks of Philadelphia city and county, was hold on Tuesday evening, and a resolution adopt ed, authorising the contradiction of the slanderous charge of Gen. Jackson, of their having sold spe cie and purchased their own notes at a discount. 'We are glad the Philadelphia Banks have deter mined to speak, and hope they will do so in other cities. Gov. CA:vrrolv of Tennessee has ordered a spa. dal election in the fourth district on the 15th of September, for a member of Congress to fill the vacancy occasioned by the death of the late hams STANDIVY.U. Commodore DALLAS has ordered the U. S. ship St. Louis . to Mobile Bay, to aid the civil authorities in hnnging to punishment the desperadoes whom, with the notorious Paddy Scott at their head,lately committed some outrages in that vicinity. NEW Yonx Mtnuon.—The number issued on Saturday, is embellished with a fine head engrav ing of BairAirr, and contains many admirable articles. Stresans.—The Lancaster. Journal says, that the term Suckers, in the West, means nothing more nor less than an inhabitant of Illinois, and arose from the circumstance of the hunters and travellers carry a hollow reed, and when in want of water, on the prairies, they had nothing to do but seekthe burrowing hole of the land crab, at the bottonrof which there is always water. • Into this hole the reed is thrust, and the thirsty traveller applying his mouth to the end of the tube, suck., up a present supply of the indispensable element— sometimes neither clear nor savory, but always welcome- Mc.Puansoes S.ns.—The Frederick ffenird of Saturday last, says.—The sale of the persona/ estate of Edward B. McPherson was held at his farm., in the vicinity of Frederick, on Monday, Tuesday and. „Wednesday lest, and was very nu merously attended. The prices . which articles generally brought niay,beestimated from the fact, that Cows sold at from 35 tiosso; Sows as high as $3O; Pigs sold for from 5.t0 $8; Oath for 35 cents;, Beef-averaged about 18 cents per lb, and other articles.in like proportion. DI El). On the 23t1 ult. Mr. JACOB- Knee, of Reading township, in tho 85th year of his ago.- On thr2d inst., DAVID 7;IVOINIIII4 son of Mr. David M'Elroy, of this plane, aged 10 years, 11 months and 26 days;. .1 ~.:,rt?r the Star & Eteignits: `. ' As I au, so,l will remitirr. If I san young, I will stay so. If I anrold, so I will day old. I have eyes, and see not. I have ears and do not hear. I have a month and do not stkalt. Who am /7 • Enigma. lam a word of 9 letters: My 1,7, 5,6, is in timate; my 3,7, 5,9, is to temper by bent; my 2,1, 7, is single; my 2,4; 5,9, is a precians stone; my 2,4, 8,3, 7, is to judge; And my icluile is a kind of apple. • ; • ILGAR. ADAMS COUNTY LYCEUM. AMEETING of the "ADAMS COUNTY tit LYCEUM" will be hold in the ,Lecture Room of the Lutheran Church in'tbisplace Tuesday Afevenilig, Sept. 12; at . half past 7 o'clock. Clz:r A PUBLIC LECTURE will be de livered by a mealber. jTho LADIES and GENTLEMEN of the Borough are respeCtfully invited to attend. . R. W. MIDDLETON, See'ry Sept. 8, 1837. ' • AUDITORS' NOTICZ. , 1 111 E undersigned Auditors appointed by -a- - the Court-of Common Pleas,of Adanis Comity, to make distribution of the remain. jog assettg, in the kande of eirAnixif F; KEENER • and WILLIAM RE2t, Trustees of E3OREAS FA lINESTOCK, to and among his creditors, will meet for that purposb on: Saturday the 7th of Oetober next, at 10 o': . clock A. M. at the house of A. B. Kurtz, in the Borough of Gettysburg. ' WM. N. IRVINE, JOEL B. DANNER, Auditor:s.' J. M. STEVENSON, September 8, 0137. 4t—'23 riusmaite sAlun. THESubscribor,.Administrathr with the will annexed, of GEO. BERCAW, de. ceased, will expose . to Public Saki, on the premises, on Friday the 6th of October next, TEM PARK of said deceased, situate in Straban town ship, Adams county, containing 2 7 . 61 . ciets, more or less, on which are erected a good I) ;; IA 0 G 11013 'AIR and Barn, &c. The land is of good quality, and well improved. !CrThe terms will, be made known on tile day of sale, when attendance will be given by ISAAC MONFORT, Adm'r. September 8, 1837. ts-23 TO MY CREDITORS. WAKE NOTICE, that I have applied to the Judges of the Court of Common Pleas of Adams County, Pa. for the benefit of the Insolvent Lawsof the Commonwealth oi*Pennsylvabia, and thit,they have appoin ted Tuesday the 3d of October next, at 11 o'clock A. m at the Court House in the 80. rough of Gettysburg for the bearing of me and my Croditors,when and where you may attend ilyou see proper. JACOB FAHNESTOCK, Jr. September 8, 1 8 37. • to-23 Cu- Philadelphia Inquirer. Baltimore Patriot and York Republican will give the above 3 weekly in sertions, forward papers and bills to this office. PROCLAMATION. W HEREAS, in and by an Act of the General Assembly of this State, en titled "An Act to regulate the General Elections of this Commonwealth," enacted on the fifteenth day of February, 1794, it is enjoined on 'me to give Public Notice of Ouch Election to be hold, and to enumerate in such Notice what Conkers are to be elect ed: 1, WM. TA UGHINBAUGH, Sheriff of the county of Adams, do, therefore, here by make known, and give this' PUBLIC NOTICE in the Electors of the said county of Adams, that a GEMERtflii ELECTIOX will be held in the said County, on the Second Tuesday of October next, (the 10th,) at the several Districts, composed of the following townships, viz: In the first District, composed of the Bor ough of Gettysburg, and the township of Cumberland, at the Court-house in Gettys burg. /' In the Second District, composed of the township of. Germany, at the house now oc cupied by Mr. Alfred Cole, in the town of Petersburg, in the township of Germany. In the Third District, composed of that part of the township of Berwick not included in the 15th district, and that part of the township of Mountpleasant, lying east and ' north of a public road leading from the farm formerly occupied by Geo. Lasl-ells, to Dellone's Mull ; and that part of the town ship of Hamilton, lying west of the Carlisle and Hanover Turnpike Road, between Blake's bridge, and_the intersection of said Road with the Gettysburg and York Turn pike Road ; at the house of John Miley, in the town of Oxford. In the Fourth District, composed of the township of Latunore and that part of the township of Huntington, not included in the 11th district, at the house of Air. Miller, in the town of Petersburg, in the township of Huntington. In the Fifth District, composed of the townships of Hamiltonban and Liberty, at the house of Col. James Reid, in Millers town. In the Sixth District, composed of that part of the township of Hamilton, east of the Hanover and Carlisle Turnpike Road, as well as that part , not included in the ad district, af the house now occtipied by Phil ip Rich, in the town of Berlin. , In the Seventh District, composed of the township of Menatlea,"at the house of W. and F. linpke, in said township. In the Eighth District, composed or the township of Straban, at the house now occu pied by Mr. Sourbeeri in Hunterstowti. tthN taieriship - orihodow i5 i i.,.... Minictiyin Sidgintiiiigt • . ,I' ,- ';';4 l aP4 In the Tenth ..Datiligi'X' ' township Of Coneitige,lit the indite , il‘ °aster; in Mcgibertystovint.4.!;•:',,l., - ~ . In the EleventhDisiikiticUMPleett township of Tyrone;,:and.lll4*C. -- Huntington; eduthof the Rniiit .., ! , - :',!, 1 , 4 ,' East Berlin to.(. 7 arlitda,..tethL, ' - ~, . R. State Road, including all,ihe* 7 . ~.: -- ~, contiguous to eatiretate t`otitt4r4Olk, of Mr. Hildebrand, in Heidle#lnutitii 1 ' k, rove township. - ' .',' ' . ' '' , ,i';'4 , , 5, ,...;.j-. In the Twel ft h District, coMpertlKlbe township of Mountjoy, et the ,hp ; -i r,.- A r."- c.--. ~.''' Black, in said township. , -, .''„,:.:-' . &,1,,' , ,. In the Thirteenth , Distriel'i.ii , ',' ' _-, * i r. that part, of the township - or Mot*" ' 4 tik . ',., ntillj oi lying west and south °fa 04,14 iii; t hitokt,' .:'4l ing from Mr. Delkine's.Mill to iheilUitiOtt,'" merly occupied by George Lootiettios4o . ig York. and . Gettysburg. Trirnpik . nillso,4, the house now occupiedby Samuel 4lttinpoo. in Bonaughtown.'. • ~ '.... , ;;;`..k;, - ,.. 1 ,, In the Fourteenth Distuiet,,euiif-3,, the township of Readbig,at the publiiiset4l,o house in the town of Iltimptom,; - : , : ,,-, .!A;,2Z.-,t, In the Fifteenth Distriet,„etitiiipeettikA,K;Y: part of. Hamilton and liertuick:teteirilitik, beginning .where . the Honorer andl*flg. burg turnpike road Crosees theTekkkOtttll.9 line, .thence along said turnpike teito,eieleen: where the road from Berlin to - Otftelterneti% . .: .es the said turnpike, thence alnegfilktid - '..i.. Oxford road !antil it intersects the-dest - t i : ',3 . : , from George Mummereirfarie, - tin'fiiiiiikil; Oxford road, thence along said ~,„,u4 , 4 „ 0 ,-4 4 ,-,, , ,,,: York county line, near David, Hellingii4. 4 os saw mill; thence along the seid ., Yerlt;copo;,' ty line to place of beginning—at the Pplitiii , . School-house in A blvitsiewe. -... : ''::`, , ,;' ,s p AT WHICH 7Y3IE AN!) PLACES WILL BE ELECTED,.:'''; -- „ ..,:T*.; - : Two Members ol the S:c. - ,o ‘ Lt4-:,..i of Pennsylvania, - , .t0 QO- , -. ._ ~. sent the Dtstrtct co - totioti of the•Cotinties-of.:Aglams •• Franklin itod,Cumberland::• , ::: Two • Representatives . . , itC:th State Legislature ; ..for ~ - t her • County of Adams`; - .•.- • Two County ComMitisiolkers; , : , one for I year; andtionv for ,-.,:, . • .-. ~ , ;:e .'4.' ' ' .....'-'' ', '')' 3 years•; . One Anditor of . . Ftihitc,.'' , AC-z- , .... . ,-- , ._,:,, - counts; avid, . ,. ,•!. Two Directors . of the•PoOrota?" I' 11% 1 ' • air-....6.".6, House.. k o wimpoynit ~_:.:Ary---- , . tne county of A damsPpei fur ~fur t< year, and-one-for $ , 34*r0.;..., , , And in and by . the said AO; it is directedl that the INSPECTORS of ihieesid*-0410,,. , 'T..,::.,; al Election shall be chosen by babel, dOW - :, , : : Friday next preceding die 14tTitetiatirifr 3, October next, being ' - - --, --, the 29th of September, mett, - ,:- . :.? And the - Election for such Insie;eteta:'alialt be held -in mob places; in each , lownithio;; ; ward or district,, as are appointeab344(fr .i . , that purpose, .by the respeetitre;Conetehle4 ;'-,, (who are - required to giveat'least onelle,:clik's . , :, :.:', notice of such ,Election) -assisteifilr , iiiiii, ; : - . qualified citiz,ens, ehosen, ( byiiisch..eitiipiati p 2 , .L' - '. qualified, to vote, as shall .thenbnikirieti!'4' And it is also in and:. by iroct-Aet regniii' that the Agent and Inspectors ~*‘.,st-44.0:--?-:, places of their Districts, on .the . deZa eg44elv:J ... , General Election aferesaii,ei 0 O'eltieliipiklia: ~, '2:i , , forenoon,to do and perform the seiferaj 4ittik,, !,;.•-j, required and enjoined on them.iii,44l#„,,thet - - -)„,t") same , Act. - ~i,:.: . ',.."..-., • ).A And it is further directed,. in and,hyron.., - .. Act of the General• As e embly . of this Slsitis i ,-,,f,' aforesaid, passed the _l7th. day ef-ptoqii.,,Zi : ',l!' 1806, aforesaid, that one , ofthe. - olop,gs .. , :z2Lo, of each of the difibreot Distriete , 4tiforeettid 1;-i A who shall have the charge of thecertiketei.:-:% of the number of votes which': ihall - ; ,, litiiiir - ,'.. ; '41 been given for eaeli candidate fiir4he ditftir. , , ..,'.f.. eat of fi ces then and there voted rns,it.itteir, •' . ..,5 respective Districts, shall meet on thiftliiiiik - , ‘,..,..1 day afierthe Electionoyhiche4ll, be 9ii`,o4. -. ..5 , ., day the lath day . of October_ ofereiiii4.lll , ,:.: the Court House in the Bouough of..GettitiS.: . ~, . :0 burg,then and there turnekiie,fakr statement -, t, and certificate of, the numbetofaiotest4l9b shall have been: given at thukcliffete - aupte. .-,;‘.`-;'-, tricts in the County . of Adams, for.eny,ply- -.., „'''. son or personator the ditlhrent offices lifore l! said, &c. ~.- : ',',.,.-,...: And by a law`passed the 2d of APril4B2T, : - 11 it is made the _duty of the StitirittlUP.--givit;4A4 Public notice of ch . !, proiisioriti of sand law The following are extraets:-,- Sec. 1. Bo it enacted by the Senate : lit:id House of Representatives - of the . Ceinnion. 4:i'l wealth of Pennsylvania, and it is here4',lsn. -. A acted by the authority of the same, 'Fhatthe ~ . - -,r,4', several qualified electors shall .givelie. • , : : i,] Inspectors of such Election; separateo44ns. for each office or 'station voted flit', WIWI; -- J ticket shall contain no more than the proper ~ -,i) number of names; but nooticket shall'ti,ertit. . - 4 jected by the Judges ()I:the election in count- - ~, 1 ing off the votes, , shouldthe same co ntain -._:, fewer than the proper inirnf)er, thimit.i. for ' •'! Sheriffs and ‘Ceroners excepted.., ' '',' ':, '” ' -,',:k_ . Sect. 4. And be it further enacted hit - the ....! authority aforesaid, That it shall be thO du- 1 ty of the Sheriff or ,Coroner,as the ca,ntav I .' : k' be, of each and every county „within itifis , Commonwealth, to give ,Public Notice, ,el' the same time,.iind in the same. itenner.Onsi , 1 under the same, penalty, that he'll' now 0. . -, A gutted to give notice of,any General or , spe. .AI: cial Election,—that . any . person whe'efriall.,l hold any office or.appointment arLflro.*:lr •:.I'.c , L. trust under the Government of them;glity* „Av. whether a. commissioned 064411:- PC , it e ,_ r,L* . . - A wise a subordinate felearOr 'V ..i . 1 11 , 1 , or shall be employed - under the ; , ~t.,-. . Executive, erJudieierY Dnellete4Oni,':.7::`,ll United States, and also.tbat4vety.,,, , " -- 1 ` of Congress, ie bY laWinelkil! Itk . ' .?: ::'''',C ,: and exercising at tbe ealsoftwel' : '', i - ~- . 'qz•- „ " or appointment of iedgal , -.,:- ~ • ,-,' of any electron **hit!. the, 840* '' - ; , ‘ 0 41,1..1 - 3 1i GiSeannder'my hantket 000 _..' , v,-,t, 4th day of s•plaithew.l k o or- , - -jor„-,,,t our Lord OM. "-,,,-,;., , 34 4 - 4,,,,iii,-,1,. : 1, , - writ. TituormNßAUo ..IIK- --: P' .-. k:••; - . September 8, 1832.0 - ~-, : - ~i.i.,..- _ _3l..dtk:t; e"-' ~..r.,,,v. . . . 1!IISMIIII
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