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R’.NC'i EMPIRE.
M K S S A G E,
Os lit My fy the Fmfi-ror, to the Coffer*
va ivt Senate.
St^SATOP.*.
Wr fiafc appointed our brother in-law,
Ma>(hal JL a’, grand adniral of the
F mpirc 11 fas been our desire not on
ly to ->■ : \rwLrdge the f triers which lie
has the country, and the
particular he has displayed
toward* our oi rffii, in every circumstance
of life, but 1 hr wit to render what is due
to Uk fi)’u ndor anloiipr.Ky cf our crown
by eh rating to the Prince, one
v. ho is to nearly allied by the tic*
•i blood.
At the palace of the Thbq|toiee,.iath
Pluvo’fe, year 13. t
(Signed) NArOLK7f|^
By ‘hr Emftrcr , the Secretary of /? ites*m l
(Signed) H 13. MARAT. m
AMESS A G F.
from hit Mnjefty the Emitter. t the
Confr votive Senate.
Pen at as,
Wc have <p minted our son in-law j
Fug. ue Btauharnois, arch-chancellor ( f
fiat., of the empire. Os all the a£ls of
our power, there iu no one more grateful
fct* ur hrari-
B ouj ht up by our carts, and under
our <yn> iiom hit infamy, he has render
eu himfelf worthy of imitating, and, by
the aid o’ God, ot one dy fu,puffing
the xsmples u..d lcffoni we have given
bun.
Although flili younjr, we confider him |
from tins day, by the experience we have i
had “f him, under the greatest ciicum
ftanees as one of the lupporters of our
throne, and one of t e moit able d< feed
er j of the count y.
1 n the midst of the can • and folici.ude
infeperable from the hi„h ranks in v.hich
wc a;e placed, our heart has ituod in need
of the fofttr ass dtions in the tenderness
I'd conitart friend (kip of the child of our
adoption, a confutation, no doubt necef
faiy to all men, hut more eminently to
ourfrlves, whose ev.ry inftaat is devoted
to thcaffat sos the people.
Our paternal bendafftion, will accom
pany this young prince, throughout his
career, and fceonded by providence, he
will be one day wo thy of the approoa
lion of poller.ty.
At the palace of tne Thuilltries, 12th
Piuvoife ; yea- 1 3,
(Sigurd) N A POL FAN.
Byte Pan/), tor, the secretary of Jlaic, 1
(Signed) H. B MAh AT.
Yarmouth, March 29
On WcdnelJsy tlve Boadicea >rigate
arrived from the Tcxrl with a number cf
men, being part of the crew of his M j
fly’-, (hip Romney lately (branded on the
Dutch coall ; they (peak very highly of
the treatment they received from the
Dutch, which was not only humane, but
even liberal to a degree beyond cred t—
every man had more than he could eat,
and they were peimitted to fell what they
could not coufunie.
Leghorn. Feb. 13.
On the 91(1 inst. came in here two
English puvateers ore of which the Ox
carried four guna 24 and 18 pounden, j
they had f,nailer guns. They bn tight
in with thrin a French brigantine, car
tying fourteen eight peunderg. The fu
Ecriomy of the English artillery of a
eavy calibre, had alone forced the
French to surrender, after a molt cbltj
nate rdiltance. The fury with winch
they fought Jufficiently appears iroai
there bring no Ids than 60 men killed
and wounded on board three (lops
The two piivateevi landed the French
crew here, and linn put to fca with their
priz,. the biigautine.
Newbury port, (m'.ss ) May 3.
Wv u*c to.cl tt at a suit ttorm was ,x-
JefirtHcd ia the fowtheriy part ot New
lau.plhircon Fi. y Lit, unprecedent
ed in its violence by any lince the lettlc-
Went ot our country ; at Dcci field, the
gluts in the Meeting houte, and that in
tne dwellin ’ liouten, was very much bro
ken—hail ilones wtre found next day
the bignefstft a robin’* <gg.
STOCKSRIDGE t [Mu/s.)
Extraordinary Phenomenon —OnTuef
day the 9th iiift- the inhabitant* of the
north part ot Alford wrre alarmed by a
found tome what tefembling thunder, but
much more iutenfe than any ever experi
enced in this part of the country. Those
having a pro ( p’ Cd, and immediately turn
ing their eye* the direction from whence
the nolle appeared to proceed, were atto
niihed to bt hold a voiume of lire to ap
pearance, 8 or 10 feet in diameter, dluing
ciredily lrum the earth, & to the height
as us supposed of 150 te t accompa, led
with vail quamuses of Intake tqual to
that proceeding from a large buiLtng on
fire. Conftuitt tucc. (Eons ot fi e end
fm- ke of this ditcription continued tor
the space of 10 or 15 minute*. The
Wttle and other heres ot the adj uni g
ti-Ids were thrown into the gteauft
aniaauneiit and ec; ft. rnation. The fa
tnily ot Mr. J Hi. i s, or. whefe Lnd the
phuicir.euoti happened, accompanied by
a great 1 umber who had ailemblcd at a
rad to extraordinary, imme lately repair
ed to the place fr> m whence the fire
illii<d, t ut iound coutrary to their c xpcc
taiio. s. that no r,uption at a.l of the
earth had taken place, but that the com
mon rubbifli fealtered around had been
c ■'vevcb tu a great e ill .i.ee.— Let the
Cttihms dcttuniiac the cause.
New-Toil, P>P“y *
Capt. Williams fio:n Cape Fr nee •
informs us, that on the 19'h cf Ap". !
about 40 miles to the north ward on the
Mona Pa Rage, a.) engagement took p’.ac*
between the Frerch privateer, formerly
the Lilly (loop of war, aid the British
(loop of war Reynard, which continued
an hour arid a half, and terminated with
the blowing up of the Lilly. Her cr*w
confifttd of 160 men ; of whom 60 wen
killed during the action, 60 peiiuied with
the vcffel, and 40 were preserved. Capt.
W. confirms the account that the return
of Dt flhiincs and Chriftophc To the cape,
with a part of their army ; but thetr re
turn, it was reported, was in tonfequence
of their expecting 1 v fit at the caps
from the Rochefort squadron.
ALEXANDRIA. May 3,
Prize Ram ■ — Tuesday last being the
day announced lor the ti.cw of lambs,
at Arlington, the eilitc of Mr. Cuf.is
in this vicinity : the prrn'it'm vn.B ad
liudtred t@ a larrb bred by Col. Thomas
\li c, of London.—This beautiful
year old, is certainly a
nig g eat fiz” - h'*
ind fl o,
. 1 graftCrdK -
“'■> * iwffiixii.i .
:> in llvf race nf llftfri • , nm i
b ciitytmi’ • ir: :
intention
;t- •. 111 crdTs hir
wi’h lome fiMpPwjPtfib Mount V r
non improvcdpHiwy'ind also fome bred
irom an imported ram, a prefect from
Ruflel, Etq to the late General
! Walhington.—This brnb pofTcfTesthe
I great coniideratum of very (hurt legG
j great body, and a fleece no lels retna ka
b e for its quantity than the ier gth of the
lUp'.e.
The lamb will remain in his paddock,
at Arlington, un/horn, till the to h cf
this mor.th, for the gratificat ; oi of th fe
gentlemen who wi(k to fee him cloathed
in hi. fleece ; at the expiration of which
time he will be (beared, and we hope to
be able to lay before our readers an ae
cuiate account of ks wrighs, and the
gross weight of the carcals.
RALEIGH , (n c J May 23.
A HUR RIG dXE.
On Stturday the 15th irllant, about
noon, a terrible tempclt cross and the road
leading from Granville court house to
this city, nearly at right angles. , It was
an hundred yards in breath, and t xtende.
as far eaftar.d w< ft as can be traced
l - s violence can only be imagi led from
is which hsv been tru'y dread
fu’. The largi ft trees blown by the roots
or deprived of their tops, fenci-9 deflroyefl
ii'd hoaks laid with the ground. The
road at the Hody spring, on Monday,
w-s mp lfiole Jtcarrttd off that a
c. Ik r.l tar. 1 belonging to Mrs. Robin
G’ o.iloe, and Lft no king of Mr. Pat
terfon’s dwelling-hoofe but the floor anti
fills, although on each fide the rain
poured in torrents, net ~ne drop fell where
the tempt ft went No lives have been
loft that wc have heard of, but the injury
done to the timber, fences and tlandin
corn, is incalculable The ram in the
vicinity of il\t Ho‘ty Spring was so vio
eut, that whole ficlusof corn were des
troyed and the ground rendered utterly
unfit for cultivation during the prefent’
f .son. Many p'anteis for eight or ten
niiks around, have been obliged to re
plant tink whole ere ps. In this year of
uncommon scarcity, the efftiPs of this
whirl wind will be nioft ieverely felt by the
neighborhood.
CHARLESTON, May 25.
Extrait oj a Utter from St. 1 homas's da
ted 1 g h April loji,
“ It is with the greatest fatisfadlion
th3t I inform you, my dear fir, of the ex
pedition of the brigand army from the
Spaui(h part of the island of St Domin
go. After leveral forties, always advan-
tagecus tor us, the General, pressed by
the works and eftablifhm'r.ts by wiich
the brigands appeared to be defiious of
investing the place, determined upon a
geneial sortie ; it took place on tne 28;h
of March at 3 o’clock in the morning.
The attack was dire&ed against the en
trenched camp of St. Carlos. Not with-
Handing the* obftinatc rrfiftance. we car
ried the two firft entrenchments ; it was
at the moment of carrying the third, and
moft cot ft lerable, when a tquadron ap
peared under Englilh col sirs. The Si
gands, believing they were auxiliaries,
redoubled their audacity ; our army re
fund all their efforts but when the French
&:g was displayed, ana they had proceed
ed to a debarkation, the fccne qharigcd,
the entrenchment wa carried, the night
feparsted the combatants. The biigands
took advantage of it to evacuate their
camp in difurder. leaving money, plate,
amuuition, prowfionf, medicines, &c
fome white furgeoi $ took aivantage of
the difor.tr to join those c-f their own
colour. The uay after the de eat, the
Spaniards were ordered to purfuethem ;
they followed them on fevers! routs, and
every dry they found in the woods fugt
tives, and at St. John’s have taken a
I’rcat quantity of their oaggage and 1101-
(■ . The fchconer of the gov rumen 1
the Amide, was sent to Cico, where
ihe anchored with Sp ings on her caoks
anJ fired grape thot on a column which
made a forced march along the Ihot ;
50 dead bodies were reckoned the ,
1 5 00 in the environs of the intrenebroen
ot St. Carlos ard their loft in the retreat
I*, without exsg;rrticn, counted a: (ran
three to four thoufar.d.
The squadron has left with the general
500 barrels oi flour. 150,0c0 weigat of
h‘fcuit, 10,000 weight of powder, par■,
-ri'• *• a -rn*-fv cf f!’ 7
10,coo rr- C'’ iSC.OCO banes in j
nnonry, a-.d a mii n a.-.d a half in b ‘ls .
on the public treasury ; c'vdage, blocks,
anc'i'.'*, and in a word, articles of eve y
did nectffary about toco men forming a
hattalioo of Pietfmontrfc, and 200 artii
lerifta, with the promise of an addition
al number of t7CO in a (hort time. You ]
will fee by the letter from the mii ift.er of I
war to general Ferrard, what interest the
goveinment takes in our unfortunate
colony. 1 lend it to my wife, who w l
deliver it to ytm ; I pray you to make it
known at well as thrfe details to all cu r
countrymen, :.r.d give it the greatest
publicity. We loft 40 men in the
entrenchments and had 80 wounded ; the
psrnfh comma dant Baron is the great- ft
amongst our loflfs. Unfortuna.ciy the 1
Irnalicft wound tends to l ir.g on the
tetanuj; it h therefore feared, that a
number of the wounded will die ; from
this you may judge the loss of the bri
gands, txpbfed to the inclemency of the
climate in a retreat of too Itaguts. j
They have loft a great number of chiefy !
ar.d feperior officer*. Philippe, the gtm !
eral cf one of tbe'r divifunis, is the moft !
noted ; they hat’ 14 generals exciufivc of ‘
cfTa ines, 32 demt brigade Aiand one or
t i-o rg ments of cava'iy 1 . amounting toat
dyftidxop awn. There was found in
thefbft ebWenchment with the plate, the
order of 0 ffuines for a retreat. Th fe
are the accounts ws have from St. Du
mingo.”
PROM THE EEE.
V :rset written tm readn% the acceur.t cf the battle
of St. Amand, 1793.
by JOHN L M Alt RlOT—omitted in his
works.
GENIUS cf Britain ! was it thou,
From whom th’ admi'ing na:i ns caught
That sense of right, that patriotic glow,
fnatlove of science, force of thought,
Which o’er oppression’s face diifufe
Guilt’s wild p.lenefs, tenors dews?
Ctnius of 3ritain 1 is it thou
To whom the. vales of Gallia fair,
The benureous banks of Delaware,
Their dearest best of plants, the plant of free
dom owe ?
It as nut thou—the hand which fow’d,
W uIJ ne’er wirh impious hate have driven
To blast the b >Cn is love beflow’d,
T iof bl (Tims dear to man and HeaiXic
The natural mother will lot so
Direct the mo-'d’rousd.-fpera e b’ow
Agaiiift he offspring of her w mb ;
\s when ac ofs the Atlantic wave,
_ r h ■ vet’ran legions, vainly bcave,
Were feat to cruih the birth they idoliz’d at
home.
I is not thiu—~from Amattd’s word
What means the dire c >nfl cti"g found J
Vnge's of mercy !—is it b ood
That cl. es so dreadfully the ground !
Vhat mighty motive thus has join’d
‘he butchers fierce of human kind.
The lull rs pow’r, or uft of spoil!
ay whence the murd’r us phrenzy springs ?
Is this the favorue gime of kings ?
Are these the bled effeds of consecrating
oil !
Tut who are they whose timely aid
Che rotred ranks of llavery cheers,
Vlidft Kofis if tremblers undifinay’d ?
My country! do they call tliee theirsl
■ Ah ! whs are these !’ exclaims the boll
Os puriots in amazement loft }
Can freemen, freemen wish to enthral ?
Thir b foms heave with generous throes,
Their hearts refute to call them foes,
And not a Briton drops but France bewails
his fall.
Source of guilt and a'l distress.
Detected war ! whate’er thy plea,
The v tariesof the prince of peace
No fellowhip can have with thee :
But when to introduce again
Oppreßion's harpies, slavery’s chain
And fuperlition’s giozing crew ;
When to ferpetuate vice and woe
Thou'oidd'ft the streams of crimson flow,
What words invented yet can paint th’ ab
horrence duel
Sweet tiufe of biftory ! as thy art
Th* lamettahle feete displays,
I fee the workings ofthv heart,
I fee’ the iight’nmg of thy phrase,
Oh! hide it, hide it, raufe lublime,
Where the keen eye of future time
The irfmjd record ne’er may find :
Nor in the nhmber of the year
Let that opprobrious day appe <r.
Whenfretmenjiin’d the league of esurts a
gaiiill mankind
Coil mine in IVeadflock —In
-ligging a celhr in Woouilock,
a fcw cHys since, c .e workmen
ansxpcfledly came upon a vein
of coil, at the tirpti} of two or
r hre'? feet, which, according to
the in r ormation we have h:d,
;> v*s of an excellent quality.
The size o th j vein has not been
s ettaii.edj nor have we b:en
able 10 learn the cjire&ion of
its flratmt, the quality ot the
unrounding Hone, or the local
fi.uaiion of the mine. C •<*! has
oeen often found on the sur
rounding mountains, Dut not in
luch quantities as to induce ef
fectual learch.
A Mechanic at Bombay has
dilcovered a proccfs by which to
extract from the saw dult and
lkavings made in budding a
v’ IF as mu. h tar as ,s fuincient
:o- be outfit. Times.
FIVE DJLLARS
’ be paid to ar.y perfir. who wii!
Vv roturnti the fubfcribrr hii I‘iddlt
av. i bridle which was taken efi his U rle or.
• e i:’gttol the mtlant; The fiddle is
eru e ., rh pi -ed cantle and tUrrup
t ’r.s—The hr die a double reined fnatfie of a
very lingular canluueiien.
11. Carsan,
M.y 31 -8
Georgi a f tJtJl.itnr. j
House of RrprelVr’atives Fr No
vt Tiber 16.
Cent n. tied,
Mr* Eat*s,
1 hope the committee will rife, the
sense ot the houfr aspi-are to be now a
gainft the Li!!, and perhaps further infor
mation may alter thei* minds.
Mr Bulloch,
The ger.tkman from Columbia at
tempts to exi ite an alarm by f undtng
the tor-fin of fpecu’ation, i>ut l trnft he
will be disappointedf if he is disposed j
;*0 weigh candidly/the ground* of the i
| (fare’s being concfrned he ci rtaiu'y p.*f
f;ffe-i gnod fenfeJb fi >d the lv rage.
| I will explain the grounds. O t the U
pi ted States dock of the date, (he is re
ceiving bin 6 per cent dividend. 1 his
it to he paid in pa-t of her fubfeription, f
at ptr. For the balance, a ‘certificate is!
; to by issued beaiing fu per cent 1 ,ieitft. ;
The (lock of the bank will produce a !
pj-plus dividend, which of itftlf will re |
deciii the certificate in a fetv year;'—!
! The plan proposed is the Lir.e a wai 1
i pursued by the United States t thej
J eftab ifturtent of that bark. They have |
a large profit Lv it and I think it !
would be wrong in us to rij.di unotiar|
advartav ■. (
Mr. Simms, ,
I have no doubt but ”the uate tt'ould
receive ten or twelve per cent 00 her
(hares ; but where will it come from l
Surely from the pockets of the citizens
Why then is it any bett :r than taxes ?
t is burdening the citizens and indi-j
rtcftly taxing them lam against the j
state having any thing to do with it—j
If individuals have amind to have a bank,
let them have it; but let it be altoge
th r private property. The citizens are
able a id willing to pay their taxes, and
the Hate is able t a pay her debta.
Mr. Bibb,
I am (otnewbat surprised at the ac
knowledgment of the gentleman in the
fame breath with his oppafi.ion to the
liate (hares Ha cannot be ignorant
that the e is a material difference between
the citiZ.-rs paying taxes and voluntarib
contributing to bank dividend. lam in
ravor of a large iutcrcll oa the p-art o
the (fate.
Mr Clr^k,
If banks are fppculation they are ho
nest aid laudable fprcu'ations It i
true the bank note is not specie, but it is
an evidence of debt to be paid on de
mam), and which ‘here are always funds
to pay There isne uncertainty attached to
it. There is no danger of the'date being
dragged into courts of juilice, r,s has
been Lid ; Ihe will nit be It iowi in the
bank, any more than ar. individual
The causes of the odium again ft the
bank ot the United States were tne dis
honest purchaf sos certificates and the
funding fytlcm which involved the bank.
The United States gained nearly one
million of dollars by her fubferiplion, anJ
parted with ttieir do k with great re
gret. It is a faift well known that the
(hares will rife when the books are clo
fed 5c if the (late does not choose continue
her concern she cau withdraw at any
time to great advantage.
Mr. Simraa,
I have been convinced that advanta- 1
ges would aiift to the state from a coir
cern in the bink. But the bank of the
Unhed States was instituted very i iqui
toufly, and render* us afraid of similar
institutions. It would at least be impo
litic to put the charter oiit of cur pow
er. Wc ought not to vuthorife an insti
tution which, when found by experience
to be irjurious we could not epea!
I hope a provision for that purpofc will
be inserted in the bill.
The state is rich, and the yit z'ns
understand taxation as well as the h if
Urure When taxes are nece ffy. they
will always be found to pay cheeitu i
The fyftcm ofbankir.g they do not u
derftaml, if they did they pofli.iy
might approve-it. They are ready to
defend the country with their lives if ne
ceffary ; though it is tiu.t, tn-.y cnucl
believe evtry idle talc.
Mr. Flournoy read a letter from the
intendaut of the city of Auguftj, to him
felf and colleague expr.ffi.ig tilt opinion
of the citizens of Augusta, in tavor of the
bank, and of a branch in Augusta ;
together with their belief that the p au
ters will be particularly benefited by th.
measure. He then observed, that there
had been much faul cf speculation ; that
that word carried with an idea ot in
propriety, but that the bank was a per
fectly fair dealing and ought not to be
ft) charadlerifed.
Mr. Bulloch,
Those that pay interest at the bank,
have the use ot the money they pay for }
on thi3 they trade and it mull be a dull
trede that will not clear more than fin.
per cent. The borrowers, therefore re
ceive an aivantage from the money they ,
pay towards the dividend.
Mr. Simms,
The gentlemen in favor of the bii
have had an opportunity of difcuiiing the ;
bill for months. Ti c gentlemen from I
R ‘cnmond, however, have not ventured to !
upon it without appealing to liieirl
conltituents ; and those were aiv-_ea on
the question. JLct ethers have th.
feme opportunity to enquire . to the
fubjeft and confute the opinion of their’
conliituents. it •< *iot puuible to make j
up cur mi ds so soon. it i> i.id that j
the citizen* pay the band dtvideas w.t
lingly ;fo do they p\y their taxes
The grntl mrn have iia.ej lint th t
money holders w re oppnled to itbecaufe
it would c-nefi: the pti-iters tuis ]l
caunot b.itrve.
* If the Ousted oUt-s ~.*ve received *
013 <? M ’.r* r”'n e v • ti‘- l
, was the funjir.v l>M(Cu.f . t |
No it was r.ot ; it was tlj ft, a ‘
people were indignant at h a
ment. I have *0 obj dftion to at - a! AM
the bank, but I wifli to retain the ug M
of repeal. S
Mr. Wa'ker, ■
The representatives of Richmond fe J
no diffi ulty tn making up their mind*
on the propriety of a bank- I w I
not on that point we wished instruct •
ions. We only desired to aid—'tail
1 their wi (be* as to a branch in Au uft a.
; In doi g this we have found only the
merchants opposed it, and tha* b- C3uie
lit would creme additional circuiting
rrcdium, and thus tn upon their
monopolies and be, efit the planter?
This is one great argument in tavof ot
the bank. ?
The Rewtlertnen has that people
wire willing to pry thrir tax- s j b'ut
h tve we rot newfpaptr# croudeC w m
j £ (vertifcment* of tax biles which v oved
; the conirary ? The e ‘8 no city on ’
continent where a bank cxifts buthas be*
ne fitted by ic, what (hall from
doing the fame ? When advantages are
evident, (ball we, as guardians of th)
pubha welfare, nj,& th.fe advantages
merely we are afraid to recew*
them ? The gentlemen has Rated the
1 tveal'li of the $ the ability of the
ft te to pay her debts, 1 am sorry i
iky the related rejeefioo of the molt
righteous claims, and the refufai to
make any appropriation for redeeming
the out (landing debt, is no proof of the
curre&nefsof his affertions'. It ii well!
! known that he has been foremoft in the
I ranks of opposition to payment, (
Mr. Crawford,
The measure about to be adopted ts
of great importance, and one in which
the state is ‘iesply interested. The only
mode of aLertaimng die question whe
ther the bank will be beneficial or not is
by difeuift ig the merits of the bill.—*
The real obj id has been toil fight of lit
the present debate. The funding, whica
has bten called forward, has no relation
or connection with the baaking fyftcm
and never had. Fuftding and banking
ire totally diff rent. I hope gentlemen
*c; ieave the funding fyffemout of the
q 1 -ftton and not make use of the word
igain in tlii3 debate.
It has been asserted that banks are ‘
vd a in tbcmfclvc6 *, but this does not ,
pear to be corr <ft. Some inconvenier,
ces have undoubtedly ariferi, but the ad
vantages have been far superior We
a-e not however, at this time tn difouf*
hat q 1 ft.on. Banks ar; eftabuftted j
they are in operation anting us, and the
only 0 qniry now is whether vve will par*
ti pat i-i the advantages ; (nice wc are
unable to control any banks
no .v ejt.fting".
Bank bii.s, it is true, are rot wealtbA
but its repretentative } whenever they!
exeted the demands of the country where J
they circulate, thiy become injurious
but as this will produce a consequent dc
preciaiionin the fame proportion, it is am
evil wbi-h will regulate itfelf. The
true criterion by which to judge of their
scarcity or _aoundance, is the interest
of money, Tested bj this rule, what is
the result in this state f Our legal inter
| est is eight per cent a year, and it is
well known that money cannot be procu
red at that rate. I hare known one hun
dred per cent given. This proves in
conteftibly, that the preient amount both-!
of bibs and specie in circulation, is no: c 1 ’
qual to the public wants. Can any man
be ifjured by the ir.creafc of circulating
medium to the amount required for pub
hc convenience ? cm any one but the u
surer beoopofed to reduction of interest
to a fair equivalent ? In Enghr.d mo :ey
\va9o-.icedt ai interest of i 2 per cer.*; now it
p a jtiree and a half; which is a proof
hat the circulating medium has r.OV
r.. I : .1 !-vi iin that country.
■j h has been la’d, and much a!3”rQ
‘X. r d on the of fperulatioc.
i ‘I ite tha* (übjidt in the f nfe st
at- oven used aa mu-ih as anymunberof
this house, bat not ev ry thing to which
that name will apply ,g criminal. The
dignity ft ihe Uaitch Staes ‘vas net com
mjited by her i-ite-eft in the bv k, itwas
not thought a .criminal matter by that
g vtrnmtnt. in fome measure, every
thing is a fpcculation where pr->st is
m.'d *. i'ht honest merchant is a fpeCo.
iater in this feafe, and we ought not ta
be borne away by prejui ces against the
bad meaning of a word. Some gentle*
m-u seem w.iiing that a back thouid be
i...i. rated if thw ftatv is not intcreftej ;
but llhouid be against its eftabltfhment if
he interest of ihe date is taken away.—
L dividend is not a tax cn
1: 5,* oecaule they profit by borrowing.
Would not the gei.llemaa from Golumb'.a
hi inf elf, be more willing in his neceflky
to borrow at 6 per cent than at Csty ?
\nother bank will bauifn usurers who
are tle pelts of society. livery mio
.knows that mom y cannot now be pro.
cured fer er.ht per cent; whiit not) then
be beneficial to have a deposit where
men car, borrow at fix per cent in those
| circ urn Stances which render borrowing
an advantage ? Trie letter from Au
[ gufta ftatea that the merchants were op*
! p.icd to it. Why ? B- caafe it will put
I duwn usury and moi opoly. No doubt
they would as soon fee the devil rife
*as a bank for taeir, five percent a
month would vauilh immediately before ir,
iuc ge. ile ncu i.i oppolhbn ta'k cf
1 lawyers unicrftar,diag t .c fubj.ft, xxz:i
. time to acquire informatiju. Legal
■ -:.a banking knowledge have very fit tie
ccancClioti, di *vl itxtre iie very ftw attor
! it ftiat, ugh tbi tun 30s
. ‘f (IS VJS . p JiU ty tky P'ubuC tS t-1 h
j ...k. viuvjit? £ui;or.