American advocate. (Louisville, Ga.) 1816-????, May 02, 1816, Image 1

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American advocate., May 02, 1816, Image 1

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Newspaper Page TextAMERICAN ADVOCATE. No. XII] PUBLISHED WEEKLY, OX DAY MORNING, HY GEORGE W. WHEELER <S* JAMES CLARKE, A T THEIR PRINTING OFFICE, NEXT BOOR TO DR J. M Si ERITT—AT THREE DOLLARS PER ANNUM— ONE IN ADYVNCE—Whkrr Pbint ING 09 ALL KINDS MAY BE EXECUTED •WITH NBATNJM3, AC.OUKAOY DISPATCH. BRITISH &, AMERICAN COM tiLlicK. W m‘*fce the following extracts from tw~ late numbers of the “ Montreal Herald v They affords curious eriti isui (licentious abase rather) on Mr, Kind’s resolutions telative to the necessity of eounlerv&iiiQt’ certain regulations of Britain with regard to her colonial trade. They also sho* that our Canadian neighbors keep a wake ful eye on every movement in the Acaeri can congress. If sonic parts of these aui m Aversions were less i nolent than they re, we should but wonder ihe more ; con sidering the quarter whence they proceed. * Wh have given some extracts from the general tariff of new rates of duties, to tic laid on imports in the ports of the United States —This tariff in every instance, is made to bear heavy on British mauuf veto.res, even to a sham°fal partiality ia favor of o tfeer nations. Among the speeches re daily made in Congress we notice one by Mr. Cyrus King, of federal Massachusetts , which puts down every previous oration, whether federal or democratic, in violent in vective against the commercial policy ot G, Britain; we must defer its publication till next week. Mr. King takes new ground al together in his speech : It has hitherto been the practice of the birds of his feather to attack the administration fur making bad treaties with foreign nations ; but Mr. King j?nes beyond this maxim and lassies the Bri tish government as tyrannical for exercising the unalienable rights of the nation. Iu the commercial convention between Great Bri tain and the United States, the American eotnroisgiouers, with troth declared, that they could not give any equivalent for u free admittance into the pods of the British pos sessions in the East aud West ladies.— They accordingly took what Britain chose Cos grant in the former, and in the lat ter, were contented that the possessor should exercise bis own rights, in his own dominions. But Mr. King throws the blame on Britain for this We are de nounced for defending our sheep-folds from thejaws of the wolf, and stigmatised for bolding the meek, the free citizens of the U. States in colonial vassalage. Wua there ever Gueh impuden-e before uttered by the most illiterate demagogue in America ?—Howev er, Mr. King, and his constituents, may de pend upon it, that he has entered into a g .nae with too strong antagonists, who w ill always have a card ready to take a knave. It was ever our opinion that the present ad ministration of the United States, would concede points to Britain that would be hos tile to the interests of the Eastern stales, to check the arrogance of the federal faction, and pull down its Mercantile avarice and political fqry. This was accordingly done in pVfcfereiiee to continuing the war, and the federalists Feeling their political inflhitmce Inst, and two-thirds of their commerce trans ferred from their hands, burk their impu dent harangues in the face of John Bu!l, as the author of thoir misfortunes. It is pro bable that this federal speecdi will meet no more attention than the Hartford Conven tion did by the Democrats; but shoulii it happen otherwise, Britain will not ionic on with indiftfienee. She has played success fully the game of crowns, and at the game of commerce, she is an adept not to he foiled even hy the cunning hucksters of New-Eng laud.”—f IfpjtALD, March 2. In this sheet we have given the speech of Mr. C. King, in congress, with the observa tions of other members of the house, who are wore moderate in their manner of judging: but Mr. K’s resolution was carried by a considerable majority. If the committee of foreign relations sanction the resolution, and the legislature carry it into a law ; we fear another war will take place before the expi ration of the Commercial Convention. The resolve is about as impudent as one wouid ha that would demand of Great-Britain half of her colonies as a present. When the or ator speak s os equivalents, one is really.crm jfoutided at his bare-foce impertinence.—-Il'he immense traffic which Great Britain enjoys in the United States, Mr. It. conceives to be equal to any Mercantile favor the Amer icans might ask. Weil, then let Mr. K‘s party *>iy to. Britain, we shall violate the late treaty ami refuse you the enjoymt ut of £&!• traffic. This would be cause lor an im mediate war on the jart of Greal'Britftia: LOUISVILLE, THURSDAY i M A Y Si, 181<5, but suppose we should delay war, and com bat with mere tn'ile weapons, as formerly, America would eg .in discover her errors at n inunei.se coat. Deprive America of com merce with Great-Britain, and it is gone.— \ Three-fourths of her whole exports go to England, and jo no other country can Amer ica supply her wants at nearly so cheap a rate: an dm any indispensable articles are not to be found in any other market $ wfarre ,s England can supply all her wants in other countries than the U. States. HW evetf, we arc only wasting lime; for the A oericen administration at Washington will ot rtiin the southern planters to gratify the cupidity of their eastern enemies. Although we are not apprehensive of any nation quar el on account of King’s resolution, yet we •aunot help observing how it would <erve C anada, we**e it actually to pas 9 into v law—it would do more for ns than .foffer mn’s embargo, from which uo io-ionsidera bie advantages were derived. The first year in whi h that celebrated edict came into operation, the export of this province were quintupled, and from the West-Indies no complaints we? o heard Such were the manifold benefits we derived iVntn American legislaton, that Mr. Jefferson was actually idolized in Quebec and Mon treal* Wc should be sorry to see any le gislative measures adopted that might tend to embroil the two countries; but the day niay arrive when the same respects she!’ be paid thg hon, Uvruc King in Canada that were to Mr. Jefferson in 1807 B. March 0. THE FISHERIES. Notwithstanding alt that has been said rel ative to our right to a participation in the Fishery in the Bays and Rivers of the British ProVinees, granted by the treaty of 1788, we have never doubted wr 1 wouidbe the construction of the British Government of the effect of the late decla ration of war, and the silence of the sub sequent Treaty Os Pence, upon that grant. If any doubt ever existed an tide subject, it is now completely removed by the fol lowing document. .Boston Daily Advertiser. To Sir RHiard Kents, and to the British Naval Officers on-the Halifax Station. Downing Street, 17ih June, 1815. SIR—As the T enty of Peace lately eon : eluded with the United States, contains no provisions with respect to the Fisherit-s which the subjects of the United Stales en~ joved under the 3d article of the Peace til 1783. His Majesty’s Government consider it net unnecessary, that you should be in formed as to the extent to whi*h those pri vileges are affected, by the omission of any stipulation in the present Ire*iy,>4 the inn of conduct which it is in consequence advi sable for you to adopt. You cannot but beuwarej that the 3d ar ticle of the Treaty of the Peace ol 1788. cox ta.ined two distin tstipula iocs, the one rt eognizing the rights which tlu United St tes hod to take fish ou tl:e hi h rcus, bud foe other grant!og to the United States the pri vilege of* fishing within die British jurisdic tion,'aud of using, under certain coudilious, tbe Shores and Territory of his Majesty for purposes ronueeted with the fishery; of these, the foimer being considered perma nent, cannot be altered or effected by any change of the relative si-uanon of the two countries, but, the other being a privilege derived from the Treaty of 1783 alone, was as to its dura'toss, necessarily liuiitted to the duration of the Treaty itself. On the De clare tien of War, by the Ameri an Gov eminent, and the consequent abrogation of the then existing treaties, the United States forfeited, with respect to the Fisher ies, those privileges which are purely con ventional, and they have not been re newed by a stipulation in the present Treaty) the subjects of the United States can have no pretence to any right to fish within the British jurisdiction, or to use the British ter ritory for purposes connected with the fish ery. Sueh being the view taken by the ques tion of the; fisheries as far as relates to the United States, 1 am commanded tsy bis Roy al Highness the Prince Regent, to inAruci you to abstain most carefully from any in terference with the fishery, iu which the sub jects of the U. Stales may be engaged, ti ther on the Grand Bank of Newfoundland, the Golf of St. Lawrence, or other places it. (he Sea.—At the s .me time you will preven! them, except under tho eireuuistnn. es herein mentioned from using the British territory for purposes connected with the fishing ves sels from bayo, harbours, rivers, creeks, and inlets of all Llis Majesty’s possessions. L case, however, it should have happened tha the tUh'.'nnta of the United States, thiougl ignorance o? the circumstances which affect this q ipsfioti, should previous to your am vil, have already commenced a fishery sin, ilar to that carried ou by them previous tr jibe late wer, and should have occupied the 1 British harbors, and form’ and establishment?. |on the British territory, which could not ’ be suddenly abandoned without very con siderable loss, his roval highness the Prince Regent, wishing to erive every indulgence to the citizens of the United States, which is compatible with His Majesty’s rights, has commanded me to instruct you to abstain from molesting such fishermen, or impeding the progress of their tithing during the pre ( sent year, unless they sheuld by attempts to on a contraband trade, render them selves unworthy of protection or indul gence : you will however not fail to com muuieate to them the tenor of the instruct lions which you have received, and the view wH h His Majesty’s Government takes of the question of the fishery, and you Will, above all, be careful toexplat: to them thai they ire not in any future season to eXpeet a continuance of the 6ame ir.dulgeu e. [Signodj BATHURST. - ——— - in mitih-n —ii —ir-- i .mi BA INK *La Vi - . 1 AN ACT to incorporate the subscribers to the Bank of the United States. Re it enacted by the Senate and Home of Representatives of the United States of Artier icain Congress assembled, That a bank of j the United States of America shall be es tablished, with a capital of thiriy-fiv*: mil ! lions of dollars, divided into three hundred Aud fifty thousand shares, of one hundred | dollars ekcli share. Seventy thousand shares, lamuunun to the sum of seven mill ions ot I dollars, part of the capital of the said bank. ; shall ba subscribed aud paid for by the U Stf tee, in the manner herein eftor Specified ; and two hundred & eighty thousand biiarts, amounting to the sum oi tweaty-tigoi mil lions of dollars, shall be subscribed aud paid for by individuals, ronpani s, or cor porations, in the manner hereinafter span fil'd. Sec 2 And be it further enacted , That subscriptions for the aura of Iweflfy-cigiu millions of dollars, towards consiiiu.jug the capital of the said bank, shall be opened ou the first Monday in July next, at th following places; that is to s; y, at Port tend, in the iiiifri t of Mi ioe, at I oris mouth, in he slate oi'Nevv-B, mps; irt, at Boston, in the state of Massachusetts, at Fro i nee, in the State < f R'odt-island at Middietowc, in (ho State of (’ouuecti fuf, nt Binfiftgton, in the State of Vermont. st iu the S'ate of New-York a* New-Bruusvvick, in the State of New Jersey, at Philadelphia, j.t the State ot ! Ft'mc-yJv .i.ia, at Wiiiningioii, m the Slate i'Delaware, B nimore, iu the State o* M try laud,* at Rnmomi, iu the State of Virginia, t Lexiuglon, in the Slate of Ken lucky, at CintimiaUi, in the State oiOn.o. at Kalefgl, iu the State of No:th-Caroiitn &t Ncshiilh-, in the State of Tennes see, ... Charleston, in the state of S. Canmn< , at Savannah, in the State of Georgia, at New - iu the State of Louisiana, and ~t Washington, in the Di.-tsut of Columbia And ibe said subset ipiions shall be opened under the superintaudance of five t.ou.mis s loners at Philadelphia, and of three com missioners at each of the other places afore said. to be appointed by the President of the United States, (who is hereby author! zed to make such . ppointmeuts,) aud shall ontiuue open every day, for the term ol opening the sum , between the bouts t teu o’clock in the forenoon, ;iid four o’cloc k in the stet noon, for ti e term of twenty days, exclusive of Sunday.-, when ihesame sLuU be closed ; and immediately thereafter, tie commissioners, or any two ol them, at tit respective places aforesaid,shall cause two transcripts or copies of such subscriptions to le made, one of whi o they shall suul to the Secretary of the Treasury, one they ‘hall retain, aud the original they art transmit, within seven days liam the do it of the subsenptions as aforesaid, to the • cmmissinners at Phitadelphi a•. id And on the receipt of Ucsuid origin! sub scriptions, or of either of the said copie- Utereof, it the original be lost, mislaid, o’ detained, the commissioners at Philadei plna afo ssid, or a majority of them, skull immediately thereafter convene, aud pro e tl to taue en account of the said sub scriptions. And if more than the araouu •f twenty-eight bullions of dollars aha. >ave been subscribed, iheu the said last ueu'ioned commissioners shall deduct the a iiofiut of exvess from the i rgest sub scriptions, irj such manner a* that no sub cripiion shall be reduced in amount, while .uy one remain larger : Provided, That if .bo subscriptions i&kea at eti has of U? ‘■ilcees aforesaid, shall not exceed throa Jousand shares, there shall be no red action f sueh StibscHplions ; nor shall, in any ase, the suhg. rip ions taken at either of he places aforesaid, be reduced below that Amount, And in case the segregate *mcu:ot of the s id subscriptions shall exceed twenty eight millions of dollars, the said last men tioned ommisaioners, nfler having appor tioned the same as aforesaid, shr ll cause fists of the said apportioned suusc’iptions to be made out. including in each list the ap portioned subscription for the place whero the original subscription was made, one of whi h lists they shall transmit to the com missioners, or one of them, under whos® supeiintendao e such subscriptions were o 'iginally made, that the subscribers may thereby eiesrtain the number of shares t them respectively apportioned as aforesaid. And in case the aggregate amount of th© s id subscriptions made during the period aforesaid, at all the places aforesaid, shall not amount, to twentyeight millions of dol lars, tSie subscriptions to complete the said <um shall be, and remain open at PhiladeU ohia aforesaid, under the superintendane® of the commissioners appointed for that pUee; ami the subscriptions may be the® unde by any individual, company, or corpo ration, for any number of shares, not ex ceeding iu the whole the smouat required to eo opiate the said Sam of twenty eight millions of dollars. Sko. 3 And be it further enacted. T hat is shall be Ittwfol for any individa*l,cotnpaay p corporation, or State when the subscriptiou* shall fie opened as herein before directed, t© subscribe for any number of ahrresof ih© capital of said bank, not exceeding thre® thousand shares, and the gums so sunserided shall be payabSe r and paid in the manner following : that is to say, seven millions of dollars tl ereof in gold or silver coin of tho U. States, or iu gold coin of Spain, or tb® dominions of Spain, at the rate efone hun- cents for every twenty-eight grains, Ss tixty hundredths of a grain of the actual weight thereof, cr in other foreign gold or silver coin at the several rwtes prescribed oy the first section of an act regulating tha urren'y of foreiga coins in the IT. States,, passed the tenth d*y of April, one thousand eight hundred and six, and twenty-one mil lions of dollars thereof in lik? gn*d%>r silver •nin, or in the funded debt of the United States contracted ut thp tllnc of the eubserip ions respectively. And ‘he payments mad® in the funded debt of the United States shall tie paid and received f< th* following rates s •hat is to Bi.y, the funded debt bearing an la crest, of six per centum per annum, at th® iMninal or par value thereof; the funded vbt bearing aa interest of ih ‘ee per eeritor?. er annum, at the ratecif eix'y nve doll rt for every sum of one hundred dollars of tfe Mimfoal amount thereof; and the funded, debt bearing on ‘r trrest of seven p r i entuca jer annum, at'he rate of one hundred and; ‘X dollars and fifty-one cents for every f one bund ed dollars of'Sr nominal a*? aioant thereof; together vi ! h the tnount •f the inte.esi accrued on the saidst veral f *d<ima 1 ( ions of the funded debt, to be com® . uted and allowed to the time of sub ribiug he same to the capital of the said hank as a* fores a id. Aud the p> yments of the said sob s rip'ions shall be made and completed bf ‘he siiiisf ribtrs, respte ively, at the t;erics in the manner following s that is to any,, at; the time of subs* ribing tbere rhail i>e pm& ave doil&rs on each share, in gold or silver >oin as aforee id, and twenty five d.dier# more iu #oin as aforesaid,or in fund* and dtfct as aforesaid s at the expiration of six cal Ei der months after the lime of al>seribicg s ’here shall be paid the further sum of ten dollars on each share, in gold or silver coin as afores. id. or i<i fond and debt i.a fmeacid * at the expiration of twelve calender ir.nmbs from the time of suberibing, there *h*li be paid (hi? further sum cf ten dollars on aeh shire, in goid or silver coin s nd twenty-five do>( is mo e, in com is a foresaid, or in funded dert as atari said. Sfc. 4 And be it further enacted. T hat a£ ht time ot subii,.t'itiiug of the capital of the aid bank s .foresaid, eai h, and ev ry sob* riber. bhU2 deliver so the commissioners .1 the place of subscribing, a? w ell ihe a* mount of (heir s-ibs riptions. respectively ia e.dn as aforesaid at the of fund* <J deb ',for the funded-debt proportion of heir respective subscriptions Sogetl er with power of attorney, authorising the said onidiesian’ rs, or a majorjiy of them, to ransfer the said stack in due form of law o ; ‘ibe Presidam, Diiectors,and Company fthe United Staten” as toon t f raid .-•nk shaiil be organized. Provided al rntfs, Tiiiit if, id consequence o* fbe ap •ortioncient of the shares in the said b*ufc mong (he subsnib rs, rn (he e se, and in he manner heieiubciota provided, and CVOL. t