Newspaper Page Text
From ihe Aurora.
BANKS AS THEYOUGHT TO EE.
ilr. Duane—As banks and bank charters !
are on hand in different states, I will oti'er a
project for a bank to the consideration of the
citizens of the United States, and add a few ob
servations in support of my project.
Each state ought to have one bank and as
many branches as necessary lor general ac
commodation.
This bank to consist of the state revenues,
and as much coin as the citizens would loan at
six per cent, that is any citizen having a sum
of money to spare might deposit it in bunk and
draw six per cent, upon the same.
The bank officers to lend out money to bor
rowers, paper at six per cent, discount, and to
the amount of three times the stock in bank.
That the operations of the bank might be
calculated for general accommodation, the dis
counts should be regulated by circumstances
,o merchants loans might be made at sixty
days, to farmers six months, and in time as
tiie credit became established, double that time
—•or, on notes at sixty days, on mortgage six
months, and to avoid what are called runs on
the bank by China merchants, there should be
a sufficient portion of the bank notes, post
notes, payable at future time suitable to the
loans. Or the banks might be protected us the
bank of England often is by being restrained
from paying more than so much coin out in
one day.
To this bank the president and directors
must be appointed by the legislature, and con
sequc’ntiy to government they must annually
report the operations and state of the funds.
No dividends need ever be declared, as no
stock holder would be affected by its operations,
they drawing six per cent, and no more, conse
quently all the profit; beyond that sum would
go to the use of government, and as the funds
, land faith of the state would be solemnly pledg
ed by the stockholders atul note holders on the
one side, and on the other, the notes and mort
gages for which tite loans were obtained, must
be presumed equal and better security than
those upon which notes now issue by private
companies. It is surely fair to conclude that
the credit of such paper could not be shaken,
that the operations, and consequently the pro
fits of such bank must be great, while the prin
ciples of its operation both as to accommoda
tion and application of its profits are ttncxccp
tionably correct.
To this project of a bank for each state (and
one for the United States if necessary) there
can be no rational objection. He who has suffi
cient ingenuity to start a difficulty to any of the
details, if honest, can find a remedy for the de
fect, or the means of removing the difficulty,
but there will, notwithstanding be powerful ob
jections, and all manner of ingenuity set to
work to deleat such a project by every kind of
misrepresentation and alarm.
I'he motives which will lead to this h inte
rest, selfish interest. The stock holder who
lias been used to draw ten or twelve per cent,
will be alarmed at a project which will vieid
him but six per cent. This indeed is natural,
neither is it blameable, what men have been
■used to hold they consider as a right, and un
willingly discover it as a wrong, or relinquish
it up as such. I3ut here let the judicious read
er recollect that ali this has arisen from the er
ror of legislation heretofore in having given
to private companies, what belongs to the pub
lic qnly fthc right to make money or iis repre
sentative] and thereby legitimated the taking
of usury or more than six per cent, while the
law of the land has made the same act punish
able by forfeiture and fine.
I will here again briefly observe, that there
are to every bank in its operations, two parties,
the money lenders, and money borrowers. If
the latter can be equally accommodated under
anew bank as under the old, they will be be
nefited by the change, so far as each member
of .he community shares his part of a general
good to the whole. As to the former, that is
the money lender, will he dare to ‘contend that
fie ought to have an exclusive privilege—that
the government ought not to restrain him from
taking usury on his money, that the govern
ment has not a right to resume what none
could possess a right to give ? If he does, let
film grumble, the honest citizens, who are one
thousand to one, will see, in their own interest
sufficient to determine their conduct on the
question. ZEli.
From The Political Observatory.
OUR constitution breathes that pure spirit
•f equality, which is congenial with true re
publican principles, and ought ever to be the
basis of government in a free state ; and an ec
centricity front this principle should be deemed
a deviation from the constitution, and v iewed
with contempt by every patriot in the state.—
Tanners and mechanics constitute the large
body ot the people, and by their own labors are
supported ; i hey also defend the country bv
their arras, and are ready to wield the sword,
when our rights arc invaded. Hard labor, in
dustry, and strict economy must be their lot,
in tunes ol peace and usual prosperity; and
through the medium of their labors we are
furnished with all the necessaries of life. In
short they are the bulwark and the defence of
the country. Ought they not then on the prin
ciple of equality, to be ranked as high, at least,
as professional men, who are dependant on
them for their support ? But is this the case ?
or are they only useful tools in the hands of
usurping office seekers; to place in pus’s of
• honor and emolument- men, who cither think
iienaselves above the agricultural employment.
or ..rc too .nzy and miLlcut to submit to it. Hav
ing made these preliminary remarks 1 shall
submit a few thoughts to the farmers and me
chanics of -New-Hampshire—ln the first place,
the government ot this state is secured to you,
by our genuine constitution. Will you then
act up to the dignity ol men and enjoy your
rights? or wiil sutler your political horizon to
be eelipsed by those opaque bouics, which can
not reflect the light ol liberty ? were you all
made to bo governed, mid legislation to be whol
ly passive? Must you be perfectly masters of
rhetoric and oratory and read law a number of
years, before you are qualified to fill a seat in
the legislature? literary accomplishments arc
useful, when usefully employed, but when they
serve to puff a person up, with osietentation,
they become pernicious.
Vv hen you find a lawver, who depends on his
farm or his merchandize for his support ; who
is honest and fair in his dealings ; and had ra
ther his neighbors would adjust their difficul
ties amicably, than v. ring from the poor man,
his hard earn’d penny, to the ruin of his depen
dant children ; I say to such an one, more than
mere respect is due : Bet where vou find them
depending on your misfortunes for their liv
ing ; encouraging lawsuits; taking unlawful
fees ; adding unreasonable and unnecessary
costs, m order to gratify their insatiable avarice ;
and if a small account be Edged in their office
against vou (even should they meet you half a
dozen times in a day) would not descend so
low as to mention the subject, but write a fine
and charge you fifty cents for it; with such
characters be c autious how vou trust v our li
berties. Ai e such men your friends, suitable
to settle your disputes or represent you ? cer
tainly not. Wliv then will you not settle your
difficulties by referring them to your neigh
bors (if you cannot agree between yourselves)
and drive such follows to some industrious,
honest employment, for their livelihood ; and
choose men of your own cloth to represent
you, who feel for your interest ? I am willing
every class of men in the state should hear its
own weight in Lite polhica! scale, but to throw
the balance of power into the hands of such
men is death to your liberties. You can easier
guard your rights now than obtain redress,
when the power of guarding them is taken
from you.
Specious words and external patriotism go a
great way towards deceiving the illiterate. If
you wish for equality and the support cf the
constitution, let the forming interest be repre
sented in proportion to its taxation, by such
men as arc friendly to it.
Ax OBSERVER.
Sheriff’s Sules.
On the first. Tuesday in June iict’, at the Court
Hjuse in Tattnall County, to the highest bid
der ■, at the usual hoars.
AI.I. that tr. ct or trac’s r.f land, lying being and
situate m the af ’ri f.ud c unty (to wit) a'l that
lurves of land on the Oh pie a <J AKramaha rivers,
being v i the e *,lt fide of the laid Ohoopie, at a cor’
ncr gu.ll, rin jut; the ce N 70, E. 170 chains, thence
S. :o. E. 1500 chains by vacant land, ‘hence S 70,
to a b unty of land fnrveyed in ‘he namers | amPS ’
Donnahy on the Aaltamaha, thence N. W, by h
I id hloimi lv and C heller B It ck’s and to theOhoo
pie river, thence up the Aaltamaha, b undii g on
ihe hack of the rivers, fm vet and to Frederick, Era, cis
and John HoUiton’s cornerii ,e, beng on two lnr
veys on the Oconee, above the mou h of the Oak
nttrge 1 vers, N. 70, E. by Thomas’s lands too
chains, thence S 20, E. 11 chains, to a corner pine,
thence N 70 E. chains by !■ . Tetioell’s land to
a corner pine, thence N 20, E. 100 chains ts said
Tenue l’s lend, to a c iri.erpine, thence N 70, E. by
said Tennell’s land 700 ch ins c a c rner pine,
the; ce N. 20 W. by sud Fennell's, the ce N 70 E*
by laid Tennell’s lands 200 chains, to a c<n ,tr pine
thence N. 20 W. by Lid Tenneli’s land, 400 chans
10 a Corner pine, thence due call yd chains to a cor
ner pise, th nee due north 1,6 chai sto a corner
pine, thence due call 300 by vacant land to a cor*
nerpine, thence due south 16 c li ins to a corner
pine, thence N.7ochansto Pend tons creek, thence
itidireA courle to the hegming, including in the
wii >e, one hundred and fix tii u! tn;! fix hundred
ac es, surveyed in the name of and granted to Fran
cis Tcnuell.
A TANARUS, s O,
Another tract of land lying in the aforemention
ed tra<fi r f land including the Ihoals rs ‘he Ohoopie,
and Cox’s mill f >rm rlv granted to J -h 1 O’Neal c ni
ta in, gin the faidia t mentioned trail 28: , 2 acre .
The above mentioned land fold as ti e property of
Zvch Cox t ‘ tat sfy a 1 exvc i>n in f.V )r of Francis
I enneli, on the 10 xloftne us amortgage on the said
laud.
a r. so,
One thouland acres of pine land, the property of
Wm j hnfin, lying in ihe laid county, 01, l'h<.mas’s
cr, ek, levied on by the conlt-.ble and reiurned me,
to fotisfy demands from the (uliices cour’
A LSO
One thousand acres of land the property of Jfaae
Dubrfe lying m the afnrefaid c muy, levied on by
Wili am Leveritt cndtable to iktisfo the demands
of btapheu Bowen.
A I. S 6,
One hundred acres of pine land, the property of
John Martha'l, levied on by the con liable and return
e 1 to me, to fatisfy the demands < f A wiley jVlecui
ley. In each and every of the ab ve cases all per
sons concerned will please to take notice
John Sharp, s. t. c.
April 23, 1807.
Marshal s sale.
On the fret Tursdat in June next , Kilt he sold
at the Cuurtr/huse in the city oj Savannah,
Acres of Land in Givnn countv
on litifo San'la, granted to John MclntolTi 6th ‘of
September 1774, founded taller y b land, at the time
ot furvev, u r.ii wnand ai, ither li.les bv vaent lar.d,
Oil a lefVvev <f the ah ve trait it was found to
contain fOO acres; -v ed 11 by vn ueofan Exccu’i
®; cd ‘ J y Crawford Divifon ag.mll’ John
Mclntoflr
Bcnjamb Wiil, m. and. c.
April 30,” lSfo 7 ,
Savannah,
THURSDAY EVENING. MAY 7, 1807.
Persons who have subscribed to Air.
George Walker, for “ Black's Lectures,” and
“ Wonders of jVature and .4rt.” arc informed,
that they are ready for delivery at this office.
ERRATTAinthc second communication in
the Evening Ledger, of the sth instant, under
the Savannah head.
Lfore 9 for production read productions,
Line 10 for disdain read distain,
Line 55 for cast read casts,
Died, on Wednesday the doth ult. Mr. Joint
Newton I ky, an old and respectable inhabi
tant 01 mis city. .Although it may seem use
less to give a man a good name after he is dead,
yet it is but an act of justice and gratitude to
say, that Mr 1 ry evinced an uncommon forti
tude under a c evercand fingering illness : That
in l.is dealings he was lair and upright, in
so iendship sincere and unchangeable, in his fa
mily strict but affectionate and tender : And
although it is believed, lie did not profess any
particular religion, yet he was moral and pious.
In a word, he was a good man, and what more
need be said of a human being. It is hardly
necessary to mention that be has left a wife,
children, grand-children, and numerous other
relations and friends who feel in him a loss
which time itself will probably never ren-ir.
CAMBRIDGE UNIVERSITY.
The Boston Repertory, after stating the dis
turbances which lately took place in Prince
ton College, makes the following remarks
upon the unpleasant situation of Cambridge
College.
It ij a subject of regret to the well wishers
to society, to see the spirit of disorganization
making such inroads upon establishments in
tended to qualify the rising generation for the
most important duties ol social and civil life.
But when it becomes a question, whether the
Waiis of a L Diversity are to become desolate
by supporting law and authority, or lie crowd
ed by subjecting the wisdom and judgment ol
age, to the vanity or mistakes of youth, there
ought not, and ve trust, in this and all similar
cases,there will not he a moment’s hesitation
as to the course to he pursued. The Profes
sors of Princeton College, will prostrate its
long established, and, we believe, justly merit
ed reputation, il they deviate from the course
they have adopted ; a course which will most
assuredly'be approved, whatever be the event,
by all tile smccie ..lends, not only c. that Col
lege, but of good morals*.
Nor do we hesitate to express the same sen
timents, and that most unequivocally, with rc
| gard to the present state of our own Universi
; ty. which is in a situation not very dissimilar.
1 hat there have been some causes of com
plaint, as it respects the Common, we believe
is not denied. ‘1 he propriety of formal coin
plaint to ti;e authority, on the subject, is not
questioned. 1 iia abuses ullcdged were in a
course of investigation, as to their event, and
tlie means ol remedying them under discus
sion ; but because a bulletin was not issued
daily, to inform the students precisely what
steps government had taken—and what pro
grest was made—-at the instigation of certain
and Ist a rue is oi the peace, or il the students
choose it should he so sari, from a licentious
temper in the whole, i. was determined to aban
don Commons in a body !
At a meeting of the corporation, wc under
stand it was voted to make a thorough exami
nation into the causes of complaint, and to re
dress such as weie well founded—and in the
mean time to require of every student, a pro
per expression ol regret for the outrageous
course lie had pursued, as the only condition
on which his collegiate connexion should be
continued.
We have been informed, that the objection
to this concession, most generally made by the
members of the College, is, that th “j do not rc
uliae this regret. If it be true, that such i, the
fashionable sentiment among them, it is the
strongest of all evidences, that their removal
will be for the advantage of that institution.
What parent will introduce his son into a Col
lege. for the improvement and discipline of his
nunct, to associate him with those, who imagine
they acquire honour by resisting and insulting
government, and who cannot feel regret for
having outraged their duty ? YVe know the ge
nera! wish, at least in this vicinity, and among
those who have the character and prosperity of
Cambridge University most at heart, is, that the
officers of College acquit themselves with firm
ness. An empty College may he soon advan
tageously filled ; hut with the prostration of
authority, goes all prospect of usefulness.
From the Aurora.
Mr. Duane —l saw in your paper a recom
mendation for some citizen to import the
sfiring flying shuttle from Europe ; the inten
ion was laudable, but it was not necessary to go
to Europe for what we have among us in aotu
tid use.
,Gt an y one that is curious in matters of this
kind, tuxe a walk to Blockley township, and he
will see the efiringjlying shuttle used by a young
wcdShki v.'ho can weave y;:ty varth of cloth hi a
day with it, and can do so for weeks together.
This shuttle will cost about three dollars, and
any young steady person may be taught to
weave with it in a week.
Il the happy policy of Jefferson and demo
cracy is preserved tor live or six yeuis longer,
America will neither be the least conspicuous
nor the least active in the use of machinery.
I will venture to say and 1 do not speak lightly
nor ignorantly, but what I practically undei
staiul, w c arc likely to out strip anv European
power whatever. MECHANIC.
Good Xatarc ami Gum! Humour.
Avery accurate distinction is madeinKnigh.’a
Analytic inquiry into the principle's of
between good nature and good humour ; ana as
these words are often indiscriminately used, w c
hubjoin the definition.
“ Those persons who arc most prone to
laughter, ami most ready to enjoy every soei I
pleasantly and ridicule, without reflecting t
whose expense it is indulged, arc commonly
called gsod natured; while those, 011 the con
trary, who shew no such disposition; but who
chill with grave looks, or check with moral ob
servations, the mirth which a gay circle is de
riving from a ludicrous display of the follies
and foibles of a person, whom they perhaps ~11
reverence and esteem, arc as commonly styled
morose, sour, ill-natured fellows. Butin this
case, vve confound two qualities, which are ex
tremely different, goodnature and good humour,
(loud nature is that benevolent sensibility of
mind, which disposes us to feel both the hap
piness and misery of othcis; and to endeavor
to promote the one, and to prevent or mitigate
the other; but as this is oiten quite impossible
and as spectacles of misery are more frequent
and obtrusive than those of bliss, the good im
tured man often finds his imagination so turned
with unpleasant images, and his memory st*
loaded with dismal recollections, that his whole
nuiul becomes tinged with melancholy, which
frequently shews itself in unseasonable gravity
and even austerity of countenance and deport
ment; and in a gloomy roughness of behavio r
which is easily mistaken for the sour morosiiy
ol the worst species of malignant temper.
Hood humour, on the contrary,’ is that prompt
susceptibility of every kind of social or festive
giatiiu alion, which a mind, void of suffering or
sorrow- in itself, and incapable, through want of
thought or sensibility, of feeling the suffering*
or sorrows of others, ever enjoys. A certain
degree of vanity, or light pride, is absolutely
necessary to feed and support it; and though
it is never applied to dark envy or atrocious
malignity, it is never, 1 believe, entirely free
irom a certain share of sordid selfiseness ; for,
as the perpetual smile of gaiety can only flow
lrom the heart which is perpetually at ease, it
can only flow from that whicli carries (he ingre
dients ol perpetual ease always within irteif ?
and these are the affections which never diverge
fur from its own centre.” ®
Jiveusn-A, Man 2.
(.n 1 hursday Mr. Love was arraigned for
the murder of David YVhittemore, (our readers
will recollect the confession of this unhappy
man, as published in our pi per of the 27th of
December last,) alter a trial which lasted from
10 o’clock on Thursday till six yesterday morn
ing, the Jury retired and returned a verdict of
Guilty.
\ve should gladly indulge our readers with
a sketch of those highly interesting trials, but
the shortness of the time, and tire limits of our
paper will not permit us to doit this time
\Vc expect, that in a week or two, wc shall be
able to lay the whole before the public ; and
surely more important and interesting trials
have not for a long time been exhibited, nor in
winch public Feelings and opinion lu.vc been
more seriously engaged.
It is understood that YVm. Love will rsccivo
tils sentence this day —~Chrot/ic/e
PORT OF aAVANNAIL
arrived,
Skip William & Henry, Hudson, Clurlrtlon
Mary & Eliza,_ lunmims, Kingft,,,,, Jam.
ouir. Edward I'rckb e, Southerland, Ditto.
CLEARED.
Sloop Delight Cooper, Charleftwr
1 °fly & Betsey, Bowie!, New-York
“ ™ er * Ditto
Eliza, Allen, Ll itto
Gentlemens fine Huts
ror Summer wear may l>e h ; .rl v*r y low f r CafU off
Jt. ol J. Holton.
M *y i- 45
*** The Brig JIo/)e, Capt. Place ,
For In vi it pool, has commenced fading, and wiil fail
m eight day,. One hundred ha es of Cotton on Freight
can be uiteu, if applied for immediately. Apply to
vis C. iiovvuid.
April 30. 4.J
NOTICE.
‘TMIE Suhfcriber being obliged to the U,
ted Starts in the mm t a < I June on bufuielx ■ f
a Tarm y nature, where his inie„'i a ar e concerned,
notifies the public and fi, B creditor,, that fie will
t.ansferthe lease he has of the LXCH ANGE, anil
wnl lell the furniture and efifec s „ contains in r ltr
to d,(charge what heow.a, 1 idividu ,ls who arc
dil poled to bargain, will address themlelves to Vr.
l ent de Villers, who l( charged with Ins trails c
tions, and to prelent to him their evidences of debt.
It is hoped that perlons who have contracted d-lit*
at tne Exchange will come forward at and ailjult then*
L. Gleises.
Sav. April 28. wvr-
N. Il He will fell on the lame cmditions his e?.
tabbfliment of PUBLIC BATHS,which a.c ,n th*
( and eximp; .* rcpai.u