Savannah Georgian. (Savannah, Ga.) 1822-18??, October 26, 1822, Image 1

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SAVANNAH GEORGIAN * NEW SERIES—VOL. I. SAVSJWJiU, SJlTUltVJir MORJVIA'Q, OCTOBER 80,1823. - fi 0:170. «% SWANN AH: FRIDAY MORNING, OCT. 25. IBM. Nu northern mail latt mght-we sup ( ^fiose it will be in this morning. By the Msiy, arrived yeitorduy, we received the Charleston papers due 1»st night. We received yesterday morning the Charleston mail due the preceding evening —and a budget of northern papers, com prising several of the back mails, forward ed by the way of Camden, to Charleston,— Their contents have bein principally anti cipated fiy arrival* A number of northern papers came to hand last night by the western mail. They are old. "Give us but light.”—'flu inter! the hcomtnunicationof our correspondent “Love- ■Light,” relative to the darknesa in which onr ways have been kept by our city au thorities for alime past, because we believe there has been,'to those unacquainted with the cauBe, ground of complaint sufficient, and because it alforda an opportunity for a word or two of eiplanation. For the in formation, therefore, of Love-Light, aa wel| as of others, we would obac rve, that we un derstand the lighting of the city has been •uspended only until a system can be adop. ! ted in tvhich will be combined an efficient Illumination and a judicious economy. An ordinance was read the firBl time, at the t last meeting of the Council, for that pur pose. There were many objections to the former mode of Lighting the city. The chief tttre the extravagant waste of oil and the imperfect illpmination produced. Then the city furnished the nil, and sustained of course the waste, whioh was great. The Inode proposed, contemplates the lighting the streets by contract, the contractor sup plying the oil aa well as keeping the lamps in repair. One of the negroes who, for the part he had taken in the late attempt at insurrec tion in tiouth-Carolins was sentenced to banishment from the United States', in vio lation of the verdict of the court, was sold ky Ilia owner to a horse dealer, with whom he started for Beaufort and Savannah. He Was, however, pursued and brought bad to Charleston, vhf.n we hope he .will be properly disposed of. Desperate Coin'd.—Captain G'iffin, win has arrived at New-Yurk, from New-Or- leans,states that he met in the Mississippi, the brig Patriot, from Port au-lTince, which had had an engagement with a piratical vessel off Cape Antonio. Of ten no boat ’d the Patriot, the captain, mate, and two sea men were killed, and three others wound ed. They succeeded in beating i.ffthe pi rate, and Supposed they hod killed almojl all her crew, as they were frequently heard to cry for quarters- The survivors of this gallant little crew deserve the Reheat re- ward i and it is sn example wltioli ought not to be lost upon our merchantmen. 1,1 appears by an official communication . of the Mayor uf New-Orleaus, that the blacks in St. Martinsville and its vicinity are making off in great numbers to the Spanish provinces, in consequence of th« freedom and equality granted by the g . vernment of Mexico. .Seventy-five are said to have started from Vermillion, and seve ral had been arretted*'who were making of!' mounted on their master’s horses. Theatrical—We perceive by the Boston gapers, that Mr. Finn, who recently arriv ed at New-York, from Liverpool, has been engaged by the Boston raauagera, Mr. Uathews is also engaged. Mr. Mathews continues to delight the dtimorc audience with his unique enter. Iments. He hod also performed Olla- pod in the Pool Gentleman. Mrs. Gilfeit is perloiming in Richmond with the company of Gilfcrt and Graham. Mr. Hilson is performing iu Boston. A small Mirror has been lately invented In Paris called Poly morphyscope, which reflects not only the face of the lady who looks into it, but, by means of paint ing, contrived in a curious manner, shows ber in various kinds of dress and taste, so that she may see wbst becomes ber best, •nd be guided accordingly in ber choice. — Sloe ml Contivurd—At Danville, (N. U) on the 481 h nil. the hurricane was felt in the destruction of trees ehiinnie'a, ,8tc. several houses were blown down, and others unrooted. A violent siorm was experienced al Cincinnati, (Ohio) on the night cl the 18lll ult. accompanied widi torrents at tain. The next Morning the Ohio rose six leet bysatell rapidly. The toll bridge terms Millcieek, below the town, was carried nwuy—its tiist coat teas about tO.OOOjdollara. A treaty of paace hat been condo Col. Arbuckle, and Col. Brearly, U. S. agent at Indian affaira, assisted in concluding the treaty. An officer of the U. 8. frigate Con stellation, relates the following high ly honorable anecdote of an AtneVican Captain, connected with the destruc tion nf the Captain Paclia’a ship by the Gieek fleet.—'• When 'he Turk ish shin was blown up, the brig Fanny, Capt. Kiel), of Malden, found the 3d lieutenant and another officer on the wreck of the vessel, picked them up, and carried them on board of a 74. After lie had delivered them to the commander, the Turk asked the Ame rican captain how much money lie re quired lor having saved Ida officers ?■ the captain replied, “ Sir, l ask no thing—I have acted like a Civilian.’' Then, said the Turk, “ 1 shall pray to Mahomet for you.”—" And I shall pray my God to inapire yut) tol act as a Christian alsn: go thou and do like wise,” rejoined the American. The Board of Health of#. Orleans report on the 16th Sept, tint within the preceding three duys.jllie (ever had increased.—-13 cases are given on the I7ill fust, and 7 on tl^ft 16th. The numher df dca h- reprjr'ed in Pensacola fuun the 15 h August, to the llili September, os- eighty four —besides which, there were tipwa'd ul fort v whose names could not be obtained. A most impudent imposition baa been recently put in practice in New Haven, (Conn.)—A man went about the streets, soliciting subscriptions to two works—one a * Magazine ot Knowledge,’by Mr, Speaker Clnv t anti the other, • The Wonders of Ns- lure and Art,’ by Sir Walter Scott. Pi ice gl each—50 oentx payable in advance^ .It is said (bat several ul the knowing ones subscribed for the Magazine of Knowledge, anil paid the advance money !! ! There know ledge has fur once been paid for. Three prisoners lately eff -cted their escape from Lexington jail,Kentucky, liy sawing a hole through four, thick iron grates, which led them inlb a yaid surrounded by a a wall 20 f^et high, and which Ihey contrived tornscend and then descend on the ou'lide by a ladder formed of their blankets. The produce which descended the Susquehanna during the year! past, is vniued at 1,168,944 dollars—fine mil lion of which was of Pennsylvania. Betrnrd of Genius.—Mrs. Wells, nf Wethersfield, haB received an ele gant silver medal of twenty guineas value, from the British society ofarts, lor her ingenuity in the iphnufaclure ot the splendid grass buprfyt, winch was parried to London. American Gretna Green.—Lewis- 'on, in the stale of New Ymk, is bl ooming a kind of G etna Green to the Canadians lo avoid the license, fee and publir.^'iun uf the banns. The Nisgaia Sentinel contains a list of 18 marriages, before G. Frisbeo, E-q <d Lewision, all from Upper Canada, which took place during the past sum mer. The money expended by the tru« tees of the Livetpuul ducks in the ar ticle of labour only, amounts within Ihe last six years to the extraoiilinary sum uf 1,660,560 dollars! Specie.—ft is mentioned in a Pms ton paper that the ships of war Bin ges of 80 guos, and Glasgow of 42 guns, sre expected in England fion. India, with upwards of twenty million* of dollars—'The Marquis ol HaMingi was to come home, in the Glasgow. The distresses in Ireland, it ap nears fi'oin late English papers, have censed. The London Cnmmiltea fur.the re. lief uf the Irish sefl'erers, closed their sittings on the 5th Sept, having re ceived spontaneous accounts linm e- very part of Ireland, where tile dis. tress lately prevailed, infoendng them that owing to the exertions already made, and the prospect (if a plentiful crop, it was unnecessary tn forward any further remittances to the distri butors. J Card— The Officers’ Quarters at Fort Moultrie, (Sullivan’s Island.) arc enliiely consumed by fire, which bloke out between the hours ul 12 anil 1 P. M. on Monday- The first indication proceeded Irnm a light smoke which issued from the roof,and appeared to be the kindling nf an notward 6pnrk. but which proved, on the prompt and immediate measures taken by the troops ol the garrison, to be the van of a conflagrated ceiting.yl-'fcvery me thod to extinguish it, was used with- out avail j when, finally, from the height of the wind and the dryness of the d.iy, and after all hope of sav ing the officers’ Quarters w -s lost, the united efforts ot the garrison were used in defending the building occupi ed by the private soldiers, which stood, nearly adjoining tbnie nf-lhe officers, and which happily, by the greatest exertions, were saved.' No oilier public loss has been sustainril at Furl Moultrie, than the Officers* Qur. lers, which, with lli(Pexceptioti ol the biick walla, window sashes slid blinds, are totally destroyed. For the distinguished exertions and hospitality of 'lie citizen* on Sullivan’s Island, Ihe officers feel truly grateful fort Moultrie, Oct. 82d 182*. EXPOSITION Of the President of the Bank of the - United States, to the Stockholders. ‘ (Voilidildeil.) When I was juviied, and consented to fill the station which I now hold, 1 was alike ignorant and unapprehen sive «f the situ.tinn in which I have described the Bank (truly I believe) tn have been, i was at the moment remotely situated from Ihe scenes ol iti active business, and its important transactions. I bail held, it is true, shortly before, to oblige my friends, a place in the board of the office al Charleston, it which I occasionally attended, and from What I saw there, its well as from4he public facts con cerning the Hank, I was saii-fn d tha' there was a great want uf financial talent in the milnsgrment of it. Hu* 1 had not the faintest idea that its power had been so completely pros trated, or that it had been thus unfor innately manag' d nr grossly defraud, ed. I never imagined, that when i* n d, at so much expense and loss im ported so ninny millions of specie, they had been entirely exhausted, and were not yet paid, nor that the Binli was on the point nf stopping payment It wos not until,the moment l was a hnut to cnmtnmice my journey to Fin ladelphia, that l was apprized by a letter from a frieud, who had been a member of the preceding board, that he feured, in a few months, the Bank would be obliged tn stop payment. This was, indeed, appalling news, When I reached Washington, I re ceived hourly proofs of the prubulnli: ty uf this event. In Philadelphia it was generally expected. Mv memory deceives me much if l found any one in or nut of the Bank, who entertained itaanguine belief of i's being able In sustain its payments much longer Go Ihe contrary, there was (I think i' cannot be forgotten) a public and ge neral expectation, that the nation was ibnut to suffer the calamity id a cur entry composed entirely ul ieredeem able piper. The evil which Ihu- threalcncd the cnuutiy, is tint at all Ip be compared with a suspension uf » sound currency in limes nf war, and great national emergencies- The lur mer can only be conceived by a pen pie who have aufl -red under a paper currency in pfufiiuiid peace. What a train nf evils dues it produce! The destruction of public anti private ere dit, the national'torpor,the individual ruin, the ilisgracclul legislation uti-l iht- prostration of the morals of the people, of which you may discover within ynur own territories, some ex ample*, will give you some, but . f .ini idea uf the calamity which was about to lall on the country. On the Batik it must have brought inevitable ruin, for if it had Isifi-d from us own mismanagement, lo serve the great purpose for which it was jusi before established—that nf restoring and preserving the soundness nf the currency—there is no doubt that 'he hostility which its great sndhabitu public usefulness cannot now uppens would have overwhelmed it. Indeed it would have had no claim on die sympathy or [hejustice of 'he govern ment, and would have xufftteil a tnc riled fate. It was not to be aecutn plished without sacrifices; but they have been will, and infinitely* less than was expected. Thus stomi the Bmk at Ihe organ izaliun uf the present administration I was elected and took my seat as President of ihe Board on Ihe 6th ot them, a select Committee appointed, trt whom the subject of its difficulties wss referred, and aft r very mature deliberation that committee made a report which was unanimously agreed to. Tito principal me,ms nf relief pro posed ami agreed lo were: I. To continue the ^curtailments previously ordered. 8. Tn forbid the offices to the smith ami- Wtftt to is sue their notes when lie exchanges were against them, T| 'collect the balances due bv local balks tn the of flees. To claim of the government the lime necessary to tijttialee fund- which was obtained in Europe. Then was at the lime this loan was project, ed, giesl embarrassment in all the .Concerns ofommneice, but the press ing difficulty was a real unsotimlmtss In the Bank circulation, which con stituted the whole currency t f the country. The weakness nf the.Back of the United States, has beta expo sed Tout of the State Btnks wiis pro bably greater, though they were no* subject to an many and aucl) compli cated dangers. Tho,.revenue was tic cumulating to the credit ol the gnv- eminent, at various points, in paper from tint offices where mlney tvgscol that it immediately pressed upon the lecteil to those where it ya3 tube dis huised, aa well aslike tioie (tintil the difficulties of the B iqk were remov ed,) to transfer lunds to meet (he miles of offices p iid into the tank nr other oflfies then those where they were payable according toSlieir tenor, To pn debentures in Ihe same money in which Ihe duties on wliirh the de bentures were secured, hadlbean paid. To obtain a loan in Eiirnpelor a sum not exceeding 84500,000 fir a period not exceeding 3 years. 1 The igeasuies, simple anil obvious as Ihey are, ami some of litem so strangely overlooked so Imp. lilted Ihe Bank in the shmt spice iilYotliy (from Silt March to 17 h May) from ihe extreme prostra'ioii wlacli has been described, to a state oil safely, inti even somcilegrce of power, en abled it to cease its curtailments, ex pi at poinla where it had at excess ol capital, lo defy ad attacks Lipon il. and lo suainin other insuhiiinlts proved it was Indispensable. Wnat would fie the situation of the Baltic have been, if-in Udluber, ,819, up wards ul 8 millions ol dollars had been, in this seejiau nf the union, where it was pay* vaults f Although fi that day ctmsiileragi yet nil the specie in |j drawn from i<a ■Imd been by i strengthened. Bank, all ilia Potomac, could k! Will it be hem h .! nut, at but.wax payable, make the ppy- ' Because Ihe Go- \1arch, 1819 Bui some lime of course was necessary to look into the state of the bank before measures of relief could be projected.- Its danger, how ever, was ton manifest, and loo pres sing to allow much time for this pur pose. The principal errors which pro duced the danger were fortunately id easy discovery, and to them "the pro per remedy was immediately applii-tf The southern and western offices were immediately directed not to issue their notes, and the Bank ceased to pur chase and collect excfisiige on Ihe south and west. —A special meeting 'of the Board was calli (1, which the non-resident Directors were summon ed to attend for 9 h of April (the nex month) and a correspondence Willi the Secretary ul the Treasury was cum mrnced, entreating his fabearane- ind his aid, to which I beg leave to reler. To 'his officer l aliotild be on gratelul and unjust, il I were not pub licly to acknowledge my obligation! and those ol the Bank, lor the epun Irnence'iind support which he uflord ed to both in this sLuggl*. At the meeting ofth|“' which wanted aid, and werel nscci- toinod tn be solvent j above al, lo e- talilish Ihe soundness id the c rrency which Imd just before been eemeil hopeless ; and in a single season til business (the firs'j to give fix evert dice as much capital as it could .ad mtageously employ. There are two f the measures thus adopted, on which I will enter Into some detail, lecnuse they have been misconceived and misrepresented! 1. The curtailments. The immense curtailments which had been mode be fore the present administration of tin hank was organised, have been stal ed. The public liga been fid lobe lieve (hit those curtailments were node by this administration, anil were the fruit of s policy which mi- eindied it. Men who have sat at tin- Board and knew the contrary, or. which is little belter, wi'ltoul lakiut- Ihe trouble to ascertain a fact which W09 so easily within Weir re ich, hive consent! d to propagate this slander. I now stale, and defy contradic lion, and am ready, to prove that no curtailment hits bem ordered from the time 1 took my seat, until this day 'hat any curtailments .illicit have been made by the administration ol which I have been*a member, wen made under orders which I found in force—That the bank at Philadelphia continued lo curtail only 70 d.iya alln I took mv seat, that the offices nf N. York and Q iSton were only required m sustain themselves, accnidiiig In circumstances, ui|lil the scattered lunds of the institution could lie cnl lecteti tb give tlicin capital; unil lur titer, dial the greatest reduction of the discount* of the bank itself, and all tin- offices north of Philadelphia, tngethe at no one time exceed 'd 400 000 dol lars, until they were reduced by a want of demand lor money, which was general through the nation. VV hei ibis want of demand lor money prr vented the pr-,fi able employment ol die fiinds ol toe bank, the only expe ilient lo relieve it from the losses o' unemployed eauiinl which existed was promptly and successfully ein ployed, by purchasing of Ihe govern inent of the United Slates, fi st two Millions nf six per cent stock, redeem able at the pleasure of the governm-nt and afterwards four- millions ol fi percent stock, redeemable in 1835 on terms which utre then deemed highly advantHfieoiis to the bank, and wnichare so still, as shall be hereafter proved. It is believed that a candid and dis passionate investigation of the tacts will show (hut, with the same means and under the samp circumstances, ii" change'of proceeding nr policy could 1 have increased the profi’s of Ihe B ilik and that if the interest which fss ac crued on the heavy amount of sus pended debt, had not been received (anil that it has nut been received,is not Ihe fault of the present nilminis- tration, which did not grant the loans on wtiich this interest ai ciued) head. ded to the dividends made and Ihe ac cumulations reserved, the gsms will be within-about a half per cent, pei annum of the nominal profit* ol the preceding period, in, which every tlmig’was liazatded, and more actu ally Inst than all that was thus nom inally gaimd. I should have hail no disposition to make these comparison had they not been made necessary by lalse statement* and representation* of the saute fads. In looking at these leaulls, let it also be icrnllected vrhat different circumstance* characterises tb-' diffirent periods. hanks that issued it would not have been honored J and yet ta have dis credited it suddenly would have for ceil the crisis nf the unsounilitrss' ot all the Bank circulation, «l s innfpent when it had no .recuperative faculty, and must have ended In consequences ■like disastrous to the Rink ind the country., On the other hand, tn have imposed no pressure upon these banks would have been lo cherish, perpetu ate and increase ihe evil of ah unsound eurrenev. Tit- course lobe pursued hv this Bmk was ? Subject uf great delicacy aihddifficafty. . The situation' I the country wua exceedingly alarm ing. It was not simp'y the present evil i|\at was dreaded—Ihe country was in its money concerns in an extreme state of exhaustion. It was drained of its specie in the preceding year before Ihe first instalment of the Louisiana stock became payable. The sntn necessary tn make this paytnent stood to the credit of the Treasury in the Bank, and was transferred to the e.retli' nf Ihe holders nf this stock. The Agent of B irii<|, Brothers fk, Co. had, for foreign account, at one mo ment 8.410,OilO dollars at his credit at.the Bank ill Phifiidtlphia, and on the same day, all the specie in the Bank and its offices, did not amount to ns much. It was impossible tn have paid it,and the Bmk waa oldie ■d to enter into a contract to pay it in England by a given lime, will: interest In executing this contraci ir employed the whole operations of the next sen- sun of business in foreign exchanges, d paid a very large amount nf in- erest; and at the time tliia loan was projected there remained a large bs laneS due to Biring, Brothers Sc Co. .m -seemint of this contract, .The country It id been still further divened f its metallic basis in the interim, nd a pretence only wanting by toy many individuals and banking insti- unions to stop payment. To them it night luve afforded immediate relief ul profit, dipt to the Bank of the United States it tnusl, as already hewn have yanspil inevitable min, \t every hazard it was obliged to con inue its payments. Its ability-to do depended on sustaining the credit al Ihe country, ‘and restoring the snuudessof (he currency. if its own vaults'll id been better epleiiithed than what they were, il uuld nut have relied upon (hem a lone. The ability ol this Bank tn -ustainits credit at no time depend solely or principally on the specie in its own vaults; but on the general credit ol the country, sustainedby the usual legal and mural obligations— stroy theae-practicaHy, and all its power becomes feebleness. Thus it has at any given moment, from 2« lo 30 millions ot d»1li/rs becoming due to it within 90 days, betides veri large bums standing in balances a- goinst other Banks, and further sums in Ihe notes of other Banks, Now suppose at any moment, that a atate of things should aiise which should destroy the general credit ol the conn 'ry, and disable debtor*, who in their 'urn depend nn the sain* means for their ability to pay, to comply with the first, and tempt them to tliiregsrd the last of theae oblig itions, what would be then the situation uf the B i nk of the United dtates ? Yyt tlmt siato nf things was nn the point ol taking place, when the loan in ques lion was projected. The country could bear no further exhaustion, however small, OnfiV'it had a season in recover. But the se, ciAil instalment nf the Louisiana stock, was to be paid in a few inunilts; and the sum to be withdrawn by to rrigners, exceeded probably all the specie in Ihe two great cities of Phi ladelphia and New York. The Bank would have been bunutl to pay it, had it received the local papet in payment uf the hevenue; and if it had refused it, we have seen the disaetruus conse quenccs to which it would have led. It was a payment which the country could not at the time Gear, and Hv- ability of the bank was necessarily limited by the ability of Ihe country. Hence, in a general view, the tieceb sity and expediency ol the Loan. It ha*, I understand,been said that events lieve proved the loan w*s un necessary, regarding merely thr cli- rr ct obligations ol the Bank. Tnis ia au abjection which nn mind capa ble ol comprehending the inst policy of a National Bunk could make, >1 the foil-going view* Jte correct. Ilut irafc B* offices on this aide t not have met the dr said that the Gove* the 'ime this insult a sufficient deposit V ment ? It is frne' I vermneni, as simlt [xiil was discover, ed that the public t njtlil would tint bu made to suffer, dix -Irscd the monies winch, must It*mb,ten nod would havofieeti rtsi>rvi'('v(tu- this purpiis- ; and Aids the Ovik s.ud.the c.nuoiwut- ty generally were relieved troth (he, I'uretgo drain upon them, in the man«> tier in which the relief was origiually projected. Again—•the harden nf this Inau hat been greatly misrepresented. It-ha* hern .supposed that ill consequence uf till* subsequent want nt demand for money, which prevented the Bank Irnm fully employing its ettpi ul, there fore the interest paid oh this lonn »»l a Ins* tn the Bank. Tli(s might bt» admitted, and still , the loan was not the less necessary. A socrifice of gain was expected and intended. But Ml® fact is not so. 'Although there ws* undoubtedly a lotig period (luring which the papital of the Bank was not fully employed, yet it happened that. • the specific money derived from this loan tvaf employed, anil has not ceas ed lo bring-tn six per cent.per annum from that day to this. Without it tliu Bank could net have taken thn Government loan of two millions of dollars ia 1880, which remains yet unpaid, nor could it liuve done ilia profitable busineailn foreign .exchan ges which it did in that year, tlistnhot. d capitals as early at it. did to tha mu them offices, which infused upon them it new life, nor could it have so*-, luitieil the character dr the nscfulnv-a of a national Bank, until it should have collected by alow and pulplul means its scattered capital. I have said *o. much n| the Inan, not only because it is ad important rir- on instance in the management uf tha Hank, but alsngecadse itiaa measure cfitudj connected wiilf the financial,' ii itorj'il f The cdbhtfV, and bn wind* turned, in e greft measure, the pre- •ei vatinn of a aqand currency, an e- vcnl, however unusual it is to consi der it, probably nf more' importance \ than any other in the history ol the country since the late peace. In sus- . taining the Bmk a great public pur pose was served, but it cuat not an additional cent. Censured though it may be, I pruudlvsay I suggested and advised this measure, and ain well content to beat the responsibility uf it. The loan was for only two mil lions of dollara, and was payable on the 5lh of July last. One million ihereof has been continued at 5 per cent* interest; and 'lie other h** been puid off at u profit which would de fray the charge uf remitting the re maining million, even at Jlie present adverse rate of exchange. During the present administration nf the Bank, considerable sum* have been drawn from the capital in erect ing necessaryibuiltlinge for the use of the institution, considerable burthens, which were previously created, have been discharged, nne million of dol lars have •■•on paid on account of the bonus Jo the Qovernmf nt lor the char* ter, eix millions of funded debt have been purchased, and are now held by the Bank, thfifie million* five hundred and fifty thousand dollars have beest accumulated ffbr the purpose of re pairing the losses which had been pre viously Rustaim'd, and there now stands to the credit of profit and lot# tbe sum of of 8245,790 7 cents ; and there is dua to [he Bonk, 81,279.520 54 cents, fur interest which accrued before the 1st of July Inst, on suspen ded debts, and which has not been re ceived. . The losses of the Institution were f estimated.it the'I^St meeting of the Stockholders, at three millions of dol lars. They have been found to ex ceed that sum- The estimates of the Dividend Cujnroitlee, iu July Inst, made the aggregate of the Inssef 83.* M3,899. This includes all l«*>es 1® that time from whatever cause. A very small f portion of these losses, you "ilJL dideover, has resulted Iriinx die busmesmor management posterior to March, J819. It is hoped, from the lapse of lime, and the trying cir-/ ruiDHtaucefr which have intervened, that the losses have received their ut. must .amount. The groat eat pain* have hern lak-n m probe tho state of nil the office* to the bottom, as these- companying documents will show. Toe western deb's, by which are meant tnoae due in the states nf Ohio and Kentucky, have been a subject of peculiar pnaivly and attention. In ascertain th* exact state of them, the Hoard were nut eatUQed to rely e* the ordinary meant, but despatched