{ title: 'Onondaga register. (Onondaga [Hollow, N.Y.]) 1814-1829, October 19, 1814, Page 1, Image 1', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn83031672/1814-10-19/ed-1/seq-1/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn83031672/1814-10-19/ed-1/seq-1.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn83031672/1814-10-19/ed-1/seq-1/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn83031672/1814-10-19/ed-1/seq-1/ocr.txt', label: 'text/plain', meta: '', }, ] }
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' \ -~.»v.~h-mi *()c';wBI:m 19:, 18121;. n1nu-nn=n~.< of ‘ Slot ~k hard?l_y ‘exceeded 80‘ pen-;(:ent;§* has there was no prospect of obtaining.’ the money (;m.b'e.ttet'«. terrnslxandt aeit“ was illdiS,pensabl'é- for the jpiiblic. :sei-5' vice, it‘ was -deemed‘ advls.able.t6=‘ accept the sums offered :a_ttliat ;'at’e,i' yI~nc'lud_i_ng, the sums‘ oflfered’ at rates. more favorable to t‘hee,—Uniteid States; t‘ha“n .tha't; here stated, time VV';liol-i‘:::a.-‘ tnount ofvtlje propos ~wa§: .2,72'S,30’0 dollarsz; andn further sum of 207,000 dolls. has :been- .sint:e.ac-t tcepted at;‘.the same rate; _niql:ing;«tl1e. ‘whole amount taken of this 'lonxi,i2,-,. '930',.‘_lO0 dolls. _ Q Some of the peraons who origin- Sltliy‘-A pro;i.:v8a‘l§‘ for this loan, which.~-_'were ‘accepted; have. since! ‘given- ti‘0ti‘t‘.e' that they could‘ not car-1 éry their proposals V-into execution.-V \ in relation to wltich [this ‘failure has taliejn islace amounted mi 4 I 0,o00»dollars ; ‘and: there.can,=thei‘e- ‘l fol-e,jbe relied; on ‘for the ~proceed*s_' -of this loan only 2,‘5-20._,’300;d'olls. Monies liaving igheen -here,tofore- ‘obtainedl by the.Un~ited!States.on loan\ in Europe, upon favorable terins ;'t «and the punctuality and with] ,wh-ich they were repaid have‘”est:’ib-_; ylished their cr_e_(1it there,7on‘ a {and respectable footing; it was de-l Wermined in conseqence” of the di culties lcxperieiicetl in obtaining at? «home the sums'!req§ii.site for the pub- lic ‘service, to try ‘the market in t?hat_g ‘quarter. To effect this p't'u?p0se,the;. vrequisite powers‘ and instructions have been given for negoéiating a \-loan for six millons of dollars, an a.’ rfnrther ~parI; oifthc loan of twenty: ‘ millions authorised_ by the act of ;the 24th” March ‘last; and in order‘ to ~facilita’tc‘ this object, six per cent\ stock to that amount has been con- 3stitute'(_'l and transmitted, with diltec-V tions‘. for its. sale, if that sliottlclbe ttfogundft the inost _advantageous mode tfor.o_Btainin'g the money. The 're- isultfhowever, of thisexperiment is not yet certain; and the proceeds in\ icase it should” be s'ucces§lul, will not probably come into the treasury in the course of the‘ present year-.,--»— They cannot, therefore, be pla¢eed~“é1‘= iiiong the yesougees of ¥thi§—,yeaF';7 “b\i1T'z'!!!\tlfé“fs*ui‘fi-Térxiis ' Hf\ \man; which was authoriécdzto be borrowecl . and which will be necessary fortlie service of the -present-‘year, further authority will he required from Con grass for obtaining this. Sllln by loan‘ or otherwise; in which c‘a_‘s‘e the -pro-~ ceeds of the negjociation und_\erta‘ken~ in Europe will be. applicable to the service of the ensuing year; ‘\; With a view to avoid the incon- ; venicnt increase of stock in the mar- \ ket, and its consequent depreciation,-M an effort was made to obtain -temttot mry loans fnzom the ‘banks by special contracts; but the attemptwas notat-r tended with success. ..démjéiqd§; upon th§ tréasiijry‘ fdm-in V.‘ ‘V 4. _. _\??‘£v;nw ’ .11‘- ,‘ :1 V - And‘ -thefrc‘ x-cvmain:ed~fc}as‘h in gthe u-easinfy On. the first j .Ju1y,.%A1vs14,i . 4,-722,539 :the«*laét 'half é'_f t_he. prescgn‘-t year,,éaQL »n1o‘w ascertain'ed, rare‘ :estimate.<l1;asN follows V:-4-’ ‘:1: ‘ \ ‘-%\\«i\\VJ<‘-:a.,,. \3 - '_...,. 7.‘ 'x\'~'7.'.s\:;aJ.,r. . « ;. ;I~‘‘<:>‘ “ 1;\-§ ‘, . «» 1': ‘ .;, a‘:s«'.-‘.-‘~z\t\::,I:-.w=».~ ~ ‘- .» ~ .. f Q . ,. . W 6£=%alJ.:¢bg:;aEE:§§£9n9tlI6t«h%Y¢r°Y°“ ‘Tireas+ur{y Report. T354-s‘URr’D£'1w=2m*M8N?‘,’ ,_ ' _._ \ SAc]‘i_t._2_‘3,_ .;8v~l_”4..,‘ The Secregaryof the '17x':easary,,.ir,p obedience to t?h¢« ac_t%_“ 'su.‘pplementav- 'n:.y'~‘t,n, the: act, entit!_eElHat'1 act to fc\s-3 taB‘li'sh'1;be‘ Ttreasury degpartmentt Vhas? thc honor re_spe¢;tIfu'lly to slibmit-to» “¢)<ip‘g_x:‘¢ss gha 5fo1lowi'ug7 r.epo1'.t, and ‘estimates. 3 . , -93:9¥I23535 To nuke up thewsum. thergfore, ‘which will he wanted to. meetthe exp\en- ditures‘ aboafe estimated, «thereé musrbe ébtainetl‘ am- - the 3d a:1tI‘4‘tl‘:_; q,uar.t'fcrs dfthc m'vest:r.ty.6a1To ~'*? 123,37”,-53: Eran: the xjgvenue, <4,8‘40;0(iZ3_’ Loan off 1110 milrions, t,‘800;00d; Loan <of:6 millionfs, ‘2,52Q,,00d_ Treasurvy énbtes, 4.0002000 -3‘-. .» ~'..‘-»':1.'v .-;, .m.m‘d« the. §3i6@f6rE;3 ? \_\q§:€.-\i;_stl‘;te.:rno§1 (=)‘riev_=would3 , snippbsc 9' -‘th:e0'i\9.!:‘1;c3*:—i*I€W of fear: 5‘ %t1~:t::'.:i::~ir.ir.A«J!:sm!'»A=;,; '-iv1!!1d:an.4f'2~;‘*?‘%,!.h9 .P?9P°\*i % i;i1ij€§\ff9l.W'1h§\avs:nues‘of2dlSgt‘8¢°-:1 ‘13u«1-.2strang?.¢-a$'A it-m§.y'=s¢cm* to :th~i=<; 'Jt:‘lii1§‘>I.9l>11¢1's~ 31?“}\T\~‘°1? .:e.x.Imn.arxqns. of! ‘ l'§éiefi;dTs7‘t§i:1;t_rgSl'a;t:ivLes,«h9t t~’he,reproach», 5‘ thci worlds the «leg: »‘%5¢staiidxp£bF?HéiV§n.~n¢t1gmg;irewéI'd5: jg‘. _;;})isl:};iqi1ts,J‘ 1i~.:veV‘*nxm1}1;enc¢. e- f'J.,%|‘1::\;t'>.. ‘call o_ ‘the. mveteratev; f igt '. ~V11ifs\ ;¢=onstituti6nvWsm\§- -aw?!-Y 'b_'~*~i'°re:; ‘t.hfé‘ 'ilis.eei.se';= ‘ivsnt1~,;..«__|%il:5‘i=7j»t;3‘2e. 'liewIldcx\-»‘ +A ._eg‘- t,i\.:\’\v’ 2‘;_g‘fi_i8../W\ ' m;u;?tAliis;.d¢1ixis;i¢h;:u_po \ un-;; ‘ a ‘tf‘il\-loblt in‘ine3i;‘t‘:jicab1ej.ri;:az¢s. ,lie;sinksj J veaéhiiustgdy ;gin,t_‘¢_>’— ob;l'wi6.n’:a davkhessi 7 and %;t_[ei1*‘n§1:;‘§ 3:11 is‘his morning, vshjymn: ghd;;:-.qv.:ixing gievotizine. Is he} ' .disap12siintcd'.}inihis worl<!ly'pu«rsu,its.;] ‘ =lga_gj1i:_ ‘gifpegtations. of aggra'ndi’z’e-\ \ ménti “b'ee‘x‘|'J'g‘i_Istr£1te'd:‘;4‘bkdoes. he“ V n‘iourn.th,¢':f.lqssv o1‘.\wme near rela- ~ti‘v,e, his-recourse ;for .conso1at*ion is} f to the bottle,‘ where,fby.a ki‘n'd of séu-‘ ‘ icide of the: .min_d,- hisusorrowsj are.‘ ~ mink ifnT‘obli.vi_9n. ‘ , . . is not, perhaps, so astonishing } that. thewretch: Who has. drowned .%him‘§e]f-glivq, or ...doome.d..hi‘ms¢lf to 7 madnei should‘ not ‘so exercise his; .' dit1§a__ses_1‘f§cgxlgig's as to restate him-‘M -sqlf“;t¢L:»pgrfeé7t sfariity. Bupthat 9. Jnan;,i\v.ho is not be're..ft of .re ghouid, Jq_i§_h.;go.niany examples star-‘ », ang_;?h.im&%tl,\e~ face, so [many 'ho‘ll9w’l f. eye‘:-an, . __ ‘davcrons wisixges, so_ ma-T hy‘.‘.earbyn¢,led -Bardc and bloated _ conn:,cnan.ce‘s,p1ug1g¢aheadlong,before his time, inton t-he, jawssof death; or like a;Afnen,2;,iedxfanatic, convprt. hi5 own body -'int.9-an ‘egrthly purgatory, q,5_¢;i,'¢¢:,s,;o.l1,r‘_t;1ostV'lively surprize .andi :.-.\:“\'h6.\'..rbl’_‘u*:*:-\\.\*' ‘-*3?\-\\'“ ‘.~» ~ -. “Y ,- -_l 13,~16G).'000* Anti‘ leaves\»$tiIl3to§be \ob\- tained-‘ 1z,66u;0od — Tine sximsmithorised by =C.on.gi'ess to be :'expeh,ded§duringj the ')_’¢.=t'1r* 1'8 I4, ajid-.éfov which ‘ajpp§!0pI'.i3ti0l’)5 =have= been madg;;:ar¢;;;gg,£o|1ow : “ 1. For emf‘, 'd'ipIp’m‘_at_ic ‘and mis- c£;'l’lar}e.ouS sexpcnccs, $2,245,355 '1’o-this ¢ul he _odLded% ‘ thé amount which may be pgyable on. several othgr ac“- ‘C0i.1DI‘S§ and w-hic‘l‘1 may be sestinnated foryear l8‘1‘4-, at 200,000 47,270, 172 _ ~ _ 24,82o;oo‘(3= The difliculties already camel-is cnc“ed.i’n. ‘Tobtaining loans, and <thv;-; stggms: or} which it l1as\been_foi1jg'dv .—necéss'a1'y to-muapt the my .su£ ! ~_lysl1ow the ;pr6p1-ie,ty of Cougjrcssz’ adopting el’fectjiv\e.measures‘ for :pro-j- écuivingzhe-‘sums >s\till requires; ;<'l'or' lthle‘ service ‘of the resid'ye «of ‘the pxvcsent, as Well as- for that of stlté ensuing year. The rsuspensioil of payl .specie by .-many bf-.the most -consicl-I -ei'ablel_banks -in the United‘ Stutés; land of those most importantliinwthe money dperatlons of the rtreusiunyg has prodgced.'an<b will continue 130‘ cause di and embar;‘qss:-3,. ments in those 3pc:-«uionsv 7l’l‘xc; 4cir<;.n'lating~ medium .of the country, ‘gwgich has -consisted ‘pl'—i‘m.ip_alEy of Bank-notes~, is placed uptma new un’f:e1-tain footmg; and} th’6se (li 'tie’s.-andembam-assments will Lxgqxgd in a greater or less dcguea lo %(l\i:“i$ pecuniary operations oi‘ the citizens- in general. l\b‘t‘: powers ail” Cong gross, so far as may extend, wi,ll”%l)e required, to be exerted in~:px'ox‘i:ll|rg 21 remedy‘ for these evllsl; and in placing, if practicable, the currency of ‘the country on a more umforln, certain and stable-‘fooling. ' “ And the fart‘-her sumfqf !=-,soo:,ooo dolls. .whic~h ‘is the )¢i§g.,t’tlxat ought at any ‘time during; a -of. WW1 0 be .léft in the treasury~,. making; '24,-s 827,586<lol!'ax=5.» _i ‘ _ Of this 'amoum: it is; estimated that there will; be derived from the vari- ous so”urce's1of existing xieivenue, the fo~l}‘mvi‘ng su,ms, viz: :3 .1 FAr0m~ the: customs, 2,82o;_o_o() Sales .o‘fpu!$}ic lands, s5o',€:\ Intefasxml dutiesgdirect tax,.1‘,610,'000 Postage and incidental receipts, ‘ . 2,445,355 2. 1\4ilitg 24,502,905 3. Naval,-expetxccs, 8\ 69,917! 4‘. Forthezpublic de1_)t,vit:_. Interest on the publi’c\glc;;bt A éxisting pievioilséiy -us: 111$ present war-,_ 'l;,s18.0,00o ’ Interest on the .delxco11~ tracted’ during the p1)0ser'nt- ' - war, . ’ 2,950,600.‘ ' 50,000 Tot. amt. rccéiv. for rev. 4,840-,00o Under the act of the 24th March, 1814, by whiclt the President was au*~' tho\:-isegt to borrow twenty— «mil-0 lionsvoftlollars, a_ loan was opened on the 2d May,.for ten.tnillions~ of dollars, in part ‘of that su\:.t:. . A loan for ten millions of dollari was con- .“.‘.lCl'_€Cl‘ilS more tlikely to prove sttc‘-' cessl'ul’, 'tha\n= -i£‘{an atté.n)pt_ were made to ‘obtain the \ of twenty- mllll,0Ii$‘at once. ' The s‘umsro ! for this loan’ amounted to 1 1,900,805 dollars; of wltiela 2,671,» 750 dollars were at“ ‘rates less than .88 per~ceIi“ft\~ and 1,183,400 do'lln1'-s at -rates less than 85 per cent. Of the ‘sum of 9,22 9,056 dolla1\s were offered at 88 per cent, '05: at rates more favorable to the U':’~5St:xte‘n, milliohswerc offered‘, ‘with the con- dition annexed, that if terms more faverableto the lenders: should be al- lowed for 'anyVpart __ofthe twenty- ;nil}l'3:)'s :m_tlt_o.r.ise;r\' ate .bo.«her’row.ed-= the, pi-eyent year,rt‘l1e :.§a terms- sh£s“x_!xa‘;%:?'é::tt-“xided to «these vhetdlngt -l‘l‘l6'”'!§5'&‘§,7. of the ten million loan.-'.—- Taking; into *co‘nsicler2itie’n‘-the ex- 4pcctatien’then entertained oflan ear- ly return of peace, and the impor- tance of mztintztining‘ tmimpaired the public ecreclit,_by sustaining the price’ of steel; in the mean time, and also considering the nqrasure was sanc- tioned \by precedcnnit was agreedto accept the loan with that condition. Had the sum to which the condition was am'ie:~:ed been rejected, the con- sequence would have been to reduce the amount obtained to -less than millions, a sum altogether inacl— equate to the publlctdemands; or, by (lcpressing the stock to 35 per eent, to have obtained only a little more than six millions,“ which woultl‘ still have been insul to answer the purposes of goverxmlent. (} xvert: subsequently made to this loam} of sums tunountlng to 565,000 dol- lars, which were accepted on. the same ‘terms as the or-lginal olfers, and augmented the amount of the lean which was taltenfte 9,795,056 dollars. _l{einxburacfnen; of prin-. cipal, consisting? of the an‘- nnal reimbursement of the old 5 per cent'and~ deferred stoclmtempoxrary loans pay- dble during this year and Vtxieasu ry._note.8 x‘eimbui'sablc this year, ~ 7,572,000 12,-5o2,_9oo . But for these purposes there had beenvndvanced from the‘ L treasury dun‘. the-year 1813, about 350,000 Leaving payable during the. year 1814», 152,152,000 If further‘ reliance must *be'had=:ox1 ‘.loans,it is respectively»suggz-sted ,ad(litional inducements should begofi ?l7ercd to capitalistaw 'advan<~.r their ‘money, by a an aln\p'.(“ mud‘ unequivocal security for the regular payment of the interest, «I». gull!)-. 'bursement of the- principal oi -«H611 .loans_ as may be obtamcd. This may be el cslabllshing an aile- guate revei‘*£ue, :»-and’ -:ple‘ig:u-,-,o o vtiasl -same -speci lor that purpose.\ f It is also submitted for theconsiau er-aiion of L.ong.:-ess, _WhCtlle!' trons-‘ ‘urydnotes might not-. ‘bv.\a1ig;-nn.- : ' ':g' the amt‘. of iI},‘.CI.','t\i[ Ina-;a\ no w b 1.1‘, and securing in. puyur 2'-.i.\\s w.~,I....1’a itlxei:\ia~ver3tu.1i resm-;ursemu‘m, ‘my ‘in adequate re pledged for that ‘purpose, be net] on er footing\het<‘ rter czilcuéatecl thanrat present to sus. \1 itain their credit,» encourage‘ their » 5*‘? ,, icirculaton, andgaswer \Vihh\OF§C(}1’3 tainty the purpos‘us of g~?‘x(:rl\rnent.A \ = ‘E’ The cslliuates for the ervi‘.ce-of ga tho year l‘lil5 haven l yet beg *pre-~o E-.‘ \ pzn'€d. It is certain, _<nve\*er._‘%PQb.—<’.-gr‘. ‘ * ‘war continues, Lllatkll xrfillibwy -«E-:;r «requiréd, at least eqnal to “th-_-.ta(l-e‘-j‘ \ ‘ mandecl for the present y5§l.'¥qi¢'.\ \ ‘ 4 under the head of public dcborélliie , additional sum sul the pay‘ ' mentof the interest on the loans‘ ' ‘f ! the mean time. Q. A 'I‘owar¢ls making up ibis. sum ..\~ continuance of the direct-r..\x will, it is believed, be necessary; bu at. it§_ . present rate, it will not pro-'.1u<,:.-v ‘nt.=t1.-‘A to the treasury more than 2,6ou;000 *1 ~do'llars. In order to provide thr.-re-' Vmaining sum, as well as, such other 2 sums as may be deem\ed mqjiisite .\.,..% for the objects herein hefo suggest» ed, it willbe for Cong-rm‘: \ qassid- \'4 erlhow far it would be. expe V . increase this tax as well as the pram \‘-~~._ em internal duties; and also what §' neyv objects of may for that purpose be most advantageously’ resorted to. ‘gr ' ' _ -S4-7,270,172 The means by which this sum was to be provided were the following: L Monies rccei\'ab1c‘on ‘hacmmghexingalxjucxtcnus. l'O.‘95-:'>‘.0D_0. _2.. Monics rcceivai'>le for ‘t_=hc-.p1'occed.s‘ ofloans and . Tfor treasury notes, 33,592,665 . And it was estinxatcd,tIaat ‘am of the balance of‘ cash \rcn;ai_ning in the tmas. on the lvst of Jan. 1814:, which an1o_u‘nted :o$5,l‘96,43:-3,thcre we might be-‘appli_cil a sum sull ‘ h to ¢:ove»r the whole ‘arm. of the authérised ex- penditures,which would be 2,727,507 A'nd::are\thco‘e. things really so ?—j Haw; not gm-leycs Witnc,sse&l«th0se_,~ 6. who. once-nclaim:d= our I-e‘spect—, ~pEi-V Imps esteem; ‘-n;ay,.many of. us our 3 relationbs 1'ecl_ing homq at ‘midday nay mi'dsI;.she’ higssings of cbntempt? 01: .pefr'hap;;.~ azboisterous winter's‘ frown lowuj rs them under no; co_vejring- «but the canopy of Ihaven, lying a §tupid lump -pf inactive play, at the» mercy of thg, tempe'st, ‘aftega mid- ‘ nightdcbauch. Even woman, “ the mild anti, fascinating ‘fair one, 'whose' .beauLy=spread‘s ghe \rays of cheerful- + . ajcss ggound the‘ domicil of her fam- 4 ily,” has» been -seen pressing 19 ‘her ‘ lips \tbs bottle containing .a poison 5 Jmore =delete1‘iouS than the addcr’s [ -‘tooth. .; _ x4.‘ «- , , $47,270,172 The :\cc.o.unts of the ueasury havé_ gs ye; been made up only for the 2 Qlartcrs of the year 18M, or to ithé 30 June of that yemu 33;! which’ it appears that the p_aymcmst'mn1 the. ‘-treasury during the first half of the present year, have beeu,for civil,dip- lqmatic and miscela ex. 1,44-4,063 Military e2;;pen‘o-es; . l‘X.,%“0323,‘3' Naval do. 4,012,899 Public debt, « 3,026,-58| The amount of treasury notes is- sued prior to the v of July last, under the act of the 4th of .March,. 1814, was 1,392,100 dolls. Those\ since\issued amount to 1,512,300 dolls. There are now in circulation near 8,000,000 of dollars in treasury notes ;' of which during the fourth quarter. of the present year, notes for more than four millions of dollars will be- come reimbursable. A part ofthem. may become reimbursable. A part of them may perhaps be replaced. by new notes ; but it is not believed, that upon their present footing, more than two millions and‘ a halfof-.dol~‘ lars can thus be replaced. This would still leave more than six mil- lions of dollars of notes in circula- tion, which the experience of two years has shcam tobe nearly as large a sum, while the other circulating-j Baper mexlium of the country,_re-; mained unembarrassetl, and main; tained itself in the puplic confidence as can in theirpresent shapeibe free- ly and easily circulated. Notes of’ a smaller denomination than those heretofore issued; having been ‘pre-] pared, and will probably, bypassing into a. more numerous and extensive, class of the money transactions of individuals, carry a greater quantity into circulation. There ha‘ving- been» already issued, since the first of In- ly, -treaury notes amounting, to 1,-_ 500,000 dollars, and it ‘being esti- timated that anfurther sum ol“2,5oO,- 030 dollars ‘may he put in xcircula-' tion previous to the present year,.the'. amount estimated to be derived from this source during-,the;3d.and 4th quar-' -tersol’ the year will be»-t,00r),0OOdolls. '1‘hemeans than .fnr- meeting‘ the _ IA reform‘ is. my dif S_uch ;).!;Ae§fit,e.fi<<)>r<‘:ei‘o(fl7 habif, tlgt few jaye as.- T;<=.,»0A_ :l'¢§\ yown‘1ts_ _ r;§e_n~.s.V. But ' ‘ ! p.‘revenAt«ed. Ifits hydra -l1eads}:ar¢A.A’not‘ to‘. bel-,bmk¢_:n,. their» ‘§vUp,[§<§r?Eg;IlI_ay;be.mtlidraiwn. Parents. , , ‘W’ E.imt¢1IanI.~:xnaatt:r.s.L-Iw,ot.sihilgh-en ' =*Pd~s'e‘mnts.. ul‘.¢;.:to blame. , Tliis is ;( 'th.¢v.~tI3tJ’e, cbnstréo Q of hdly ‘\\'trit,, ' i which says,“ the of the fatheis ‘ 811$!!! be%»viiit.ed-n1i.6u;their»cnindiie?..\ “‘ .'1.7.r‘a._.in.V-=-1‘: \a. ,¢h.i.|si.\in -the my be ' ‘ih¢ul<1;:s,os.ansL*vhen»h¢ igtom he A»-_v.i;I,I nuiti g1'eVV1»i§‘x=;’.1é£u;'+.x:.» it.\ 1: as. the .dut.yf_ cg Iggy-.‘ha‘v‘,e, the care (If L :6???‘ , h,‘1le'.y:nng' their _33l§5 9 =,_¢_E ## I.I\'.¢¢¢ ‘habits that 7 ?’.»‘-—\?:“\‘$'.*”—*?“*\1» *3‘. !!°“‘‘.—‘‘. 8?°W:wp ‘With’ , }—h.9'.-=f_y’it‘¢!hv. »b§_9qin¢ Id¢_nli with ; it. 1 ‘cf mum. ‘hat ' 1§a§§n£.;:§§_ *’59':<iY9’s_tit-.I_Ift¢ of ‘moral prin. 'h2?.'5m.<1. ‘I301 wish to see '.\‘.\“\-‘¥'..‘-’-“\\*’ \!‘ 0 ऑਝĮસથ of. ;:’f‘§.'.?«‘*‘_?.?F3-_.‘!!_l‘I1:».-{'¢ hump upon . 93' 952993 1?, What. pg!-cnt, thcn,.is; .‘_;:.a.VF‘}‘.1A;,»F;f?§;_§§}9m§,T ggthat woulc_I nm: 7 .;.,e,.’:% neon, whnch a ‘e\vqr_\. bet, ‘ _ .§.%‘9'.'~‘.’ ‘v“_\.“;*‘.-\?‘<.‘_0l>«t.-\.the. requisite prin; -. <,=11>.|¢=s .I+et>~thcmqner1sn_u., g.,.,..‘,—,;,, 9? ‘1a..“da’J1‘=v.\‘ii!hbitio .¢ui ‘if:-: I .‘1‘.‘9“’39¥«‘3§i3‘M\'m0!i5ii~Ehibits. gmi%.\t...;e‘ ‘ §‘§n§.e‘~0'f 1..!0'n<2.r‘ and? hbhesiy; -aim 'A word for \it; their-o ‘\vil17ixéve¥-' ;' bu‘ dVt'un1'<‘a3't1s- \ »~,-s'S‘10\II'1rt14'e*;rir; '2 ; - .3-_. 31V . _ 1;‘ . ,_ .: “ I '3; < *'ar=+:i::~*a.v,M9rw,Vxioverwmir h“1‘1“j‘“Y\ PatI’é \ peace,’ _ ‘W1 P.€=a¢e~.ric‘h.es. ‘ » ' 319,693,781 And’ would leave payable during the remainder of the year, on those» se\}era‘l accouhts, the fb sums : For civil, diplomatic and misgellaneous expences, 1,001,293 Military expenses 13,292,668 Naval do. 4, 157,01 2 Public debt, . ' 9,125,419 There was paid‘ into the Heasnry on account of the loan of ten mil- lions prior tothe lst oEJ7uly,_S6,087,'-’ 0| 1, leaving to be paid after that day; $3,708,045. Of this sum a failure of payment on the days ‘by the terms ofrthe loan, of about 1,900,000 dolla_r‘s,_has .tzrl;en plage; and‘ it is doubtful» whether the gayrnent will be e No 1n§r_g:, therefore,‘ can be relied on towi_ardAs the supply necessary for the third and fourth: q‘uarters of the‘ year l3tl.'4_,~ than what has been already pait} and Amounting to..abot1t $x,so'o‘,ouo ° \.. L T Proposals were again invited on the 22d of August, for a_ loan of six millions of dollars, in further exeo cution ofthc power contained in the act of the 24th of March,for borrow- ing twenty-lire millions. The whole amount olfered was only 2,823,300- doll-‘ars', of which t|O0,000 dollars were at rates less than: 80 per cent, ,and 2,213,000 were atthe rate o_‘fl8o dolls. in money for 100' dollars of six ;.per cent stock. The remaining sum of. 510,300 dolls. was o at vat-idns; ‘rates, from 80 to 93. Notwithstan-yf ‘ding the reduced rate at which; the greater p‘al\t ol‘ the above gun was pl‘0pOS6d‘;‘ yet as the marlierptics-‘ 27,57e,39.1\ S*47,27o,I_72 The receipts into the treasury du- ‘ring the half of the present year, have been as follows: For the proceeds pf the‘ 'customs, ' f ‘ . 4,182,038 Public lands, (including ' those in the Mia. ter. the proceeds of which are now ~payt‘gbl‘e to state ofGeo_Ifg5a), ‘€40,066 .._Intemal duties &dix-ecét ta\x ‘Postage &'in‘ci_t1cntal recpts. 166,7‘-14. Loan of 7 and a half mill\- .ion‘s, under the act of Aug. 2,1813, ~ 3,592,665 ;_Loan of ten millions‘-, (part ' ;of 25 millions), under ._'th_e act.of March 24, l‘8M, .5,~o87,0=l ll‘ Treasury notes, issued -rm-_ V (l§r‘the a(:t~of Feb, 25,1313, 1-,o7o,-000» '_I‘reésury' notes issued’ 'u'h- \ dear theact 0? Mir. 4, 1814., 1«,392»,:100j But t of a_1do,pted~‘ at the commencement7 of the war; assumed as one of the grounds up’-bu which it depended, thg1t,lo’an’s mi};-‘lit be amiually nbtuined’ during the .c<nj4\- tinuance of the war. for the amotuit of‘the\extraor'(ii'nary eaipendituresocé casio -by it. “ The experience‘ of the present“ year‘ fumishves gfound to <|m:~bt«. whether mhis ‘lie’ ‘prarticable. at lczts inaghe shape in\which':loans have ‘been- hitherto attempted.. Not-is it even certain, what‘ the establishing :t1‘1d; pledgingbf revenues. adequate -tmt he_ punctual payme ‘nt of the -interest. md; eventual‘1-eimhuatsementof the pain» cipal of the sums which wi_ll=~'-bel re- quirccf for“ thv service of the ‘})jB'33\ 1'815,wou1d enable» '7thc treasury. t. obtain thenm ‘through th¢' mcdiulp \ 1.‘. 1.9_;2 1 9,9 49- «#9
