Columbia telescope. (Columbia, S.C.) 1819-1821, June 06, 1826, Image 2
Vrr Dicm*?o*, froartbo . covuDittee to
5* ? portion of tht nvnwi of the
for thcKporpose*
ok fuvcwoQ wi'MBfo&i iroproTcmcut?
made (he * ^
IvIIOWWB t.
?REPORT
WWe w 0 due itotttoa to Umlr
rMM WMld pmuttkie to awlw, her*
t to the loooteien. Ibat rrwt advAnte<*?
OmU hwK to tbo UnRcd SIMn fm? an annual
fcUfcmw ??af Will btwrno equitable ratio.
Of >Tirtli? of ??erttooM Wim; forth* pur
iotHil cdiicilioa mad btirail hnfiruvoucnti or
lor Nth othir purposes u ttn ttote gOMiinmili
fey rebOXwly fee Mot to thoir idtiuUii.
'WhWkr (bo IMMStiUi dull dstole the
?Wa el Jbakr rtrsneos beyond wfent ?to toqubod
for- Mto'toeel; sefsqiliioria of the (ormMwui,
domestic smlfofetgo, ?lvil, aaUiUrr. sod navul,
folks mIbiUm ofeer pubt-o debt, uutil tbe
whole of H ak*!l bo *ltw|idtb?l; or whetbsr
they Ml efply e pertiuo of thoao revsnoes h
. kwpwi<|,fef tfeeont important purpoeea, and
tkersby ceess a gear* gradual redoelion of the
' poblle debt, iiimni itiulf into ? quo.tiou of e?*
^ ll MHiM for o?11 Ml to dstermiuo which of
i counes will nott tfoiliMlly ptomote the
^MWI U will at fu'uro prxtfpsrity of tbocouu
Tbtra cen be no doubt that money distributed
aeasegtbs statei ei propoied, would l?o Inverted
i a way to (In (bem miwhpHUr profit, tbe"
"eld
, on tttih mouey would yield at th ?,
or four aud Shelf, or rven five pur cuut. winch
ero thereto of iutersst now paid upou lb* great
er part uf our publU debt.
- 4* * largo portion of Ihladebt ii payable to per
~0MM In Europe; to discharge it e? fe?t at our rue uu?
WO?Ui permit, would ba to send from the country
sOuasr .than occomry, fuud* (but aro weuted at
k<*ee; tho inconvenience of which would ba ton
?0iy (bit Intlio pr*Mut aiubarrutfcd ?tute ot our
toooied market, tod mo?t probably for :,everul
yemtooomo.
Meofry distributed as proposed, would five new
eativilf to Industry and enterprise in all too steles,
and that equally and aim-Jit euoou??>'.'
? if would create a vigilance on ifce.pv't of the
.tfaw orernments tvirtlw espenJitures of the
Mml government, an J tberaby prevent the
woatoof money and the edoptmji of eslravegaot
i tb*t ml;bt diuuuJsh tisc ?m>>u:it of Ibe
? annual dividend?.
U woald secure impartial justkc to all tbe st ?to?
is ?be distribution, of the atpenditurcs w oer re
vanun, a failure of whluh, ai jwvic.it, i? a snb
joct ol loud and jtut complaint.
(t would relieve the Kenerul fcov*rnmeot of the
aorousinconveiiiuoce of an overdowin^ treasury,
Obicb, if not provided for in the meaner propo
sed, or by. reduction of our r?venu?, will im
pair tbe most impufunt principle* of our co
FeUoe
? It would raliare the twnJtMidef ?oagrew of
? large portion of legislation now devoted to ihe
disposal of our surplus fuud??i?ni?leiion M' lit*
worst kio?J, calculated to produce combinations
?actional ?e(iu^>, injustice, ami waste ol the
puhlie treasure.
/ It would trail)(or to tlia slate* the regulation of
4|M e?pondHur? ? for intcriml inpiovemrnW by
Mill and cioal'i wjiic'i, if retained aud aaer
cisel by tlia general government, co.itr*ry,.at ;?
Valleved by many, to the tpirit and letter of odr
constitution, will, hi tine, to far decrease the
power* of tlia itate^overnmeut', aud increase
?hose of the L'uiluJ States government, ?? I* Jc?
troy the fedeMtivo prlnouie of o<ir Union, mid
ooovert our lyitcui ol confederated rupuUic* iuto
an.. , QljUlnii jfiiyA|yAybUjtM?m .q -rrft r
gruunu>, io we ciercUe ot tbe
rifbt claim* I on tbo part of the United states of
roaJs aod oanali through the different
ttataa of tba uoion.
.ft wool I eaabjo flio general government to
keep hi operation an ef&eieut sy?t?-a of finance
?kid revenue with advantage to tbe ??nte?. An I
should tba fciigrnctes of the country feqijiru the
cation bf all our hcam to some reject con
oectcd wfth our national neace an.I j.ro^icr.'iy,
tfcoae tMM eo?ld Koon b? brought into (prawn
by sutpending for a time t<>? .41* idondt to liic
?tales. By this our ireutury would be Ailed with
out ? sudden rur>rt to uaw taxes, urbleu might be
oppressive to agriculture, and which might era.
ate much iiiconvenleoce by interrupting the pur*
t uiU and Industry of onrtillnni.
Money collected from I he sources ' which paw
(ive u* our raronue?. ant distributed aiooug the
?tales as pioposed, Would produce a rapid and
proitubla elrcuiatiou of our funds, from tba can
ire 'oth ? ?*air*mitie? of me union, and thus add
t<i the force of tbe uiouied oapitalof toe coun
try
By lb* following calculation, it will appear
that on the 1st day of January, IBJ1, the tii per
cant, debt may ba extinguished; twenty millioM
of dollar* divided emooc I ho tfaUs, and mote
tkaa t aefflion ami t mm of dollpi* loft ,1b tba
tr?Murj, enJ that thirteea millions of tlullar*
Might bo ennoelty divided amoau lha auto*
thereafter, should it bo deemed a*pt-Uknt to-fea ve
tbo Ave par coat, end four end. Ji half, per eenf
debtee well es three per fent.jlabt, unredeemed,
Tile eefoiletlbn, however, Ji continue! aadW
? presamptUa that it f?j bo deemed expedient lb
extinguish the Ave and four ai?4 e balf per eent
debt in ibo reasonable time proposed
On tbo lit day of January ItidU, (lie whole oI
ot per cent, ft per cent, and par cent, debt
May be extinguished, amounting to ,MUJ06
271 Interest paid. Upon U>? mow, and upon the
3 oar eent. debt up to thet date, to the amount of
|flt428Mi 09; and thet dividends may be rnadi
em nag tha states Id thai timu to the amount o!
48; in all JltO,7M,0rtI 7?.
By tbia retaliation U appears that the aia for
distribution on the 1st or January, I BUS, (all*
short, of the proposed amount of $10/JUQ,M)0 by
5333.2AS W; and that th?re will remain charge
able to the ennual assumed funi of fifteen mil
lions of dollars, the :nt*r?-s1 on the J per cent,
debt, amounting to f:l90HrtO 94. Tlcse Minis,
however, may be provided for Irom rHreaeb*
meats to be mode before tha year 1838, in I he
expenditures for the navy.and fi?rtiArat)vU'i.enti
too millions of dollars Instead of the suio staled.
y be divided entoog the states <>n the titol
'enusry In that year, an ' "
lsrs anno?lly thereafter.
r
Jan
end 6ft?en millions of dot.
In lt*7, tiie appropriation of half a -u.il ion of
dollars a yearfdrtim gtTHCsT iri^rpi)'s~/T"die navy,
is to eea??) and MonrVnoet expensive k^tiAca
thai ere needy completed. thenr will soOn h- a
oftnetih-raMe redaction of eabeOditurea un>ler
thai heedi e*d u is betteued Mat Important re.
dootion* any tn made in other satysicu of si.
ftndltnro* ny whioh the charges above xtated
gk||aM o*1y be provided tor, hut largo additions
?ipransdij tor distribution.
tyjM^eg payto^ien the public debt quarts
?N*
1# A.
?f wiiK m
?jU| ^
yrQTiMV| p \
weuMbe a redaction of th amount
In Ible ealouletluA.
will bene ex peri mer>
"ah cannot be for?
kedvieahi
SSSSSaS&S
bjmj4ma* amIIamI ra ra? >> ? b^I at Im 1
I*W1 My? Wl Ir^C w4UWWI ? W wWl ?? ^ ?
foe# to Wide for the gradual nUifl<?aC,the
publio debt, it U proposed to 4iride MWWllv,
eAer the year 18*7, ?m half tha am^M. ?4*?;
priated for the aiaklag fend, to wit: twlwiji of
dollar*, among Use eevend Mates, by MM at|t?
Ublo ratio, until Iki funded deUbeartai; Opar
(MLtotMiit shall be wtl>m<wdt WW ****?
to divide among tbe states tan millions of dollars
awulU, uatil the Amded debt bearihg 'Ave par
Mnt. Interest, tad that bearing fear and a hal f
of dollar* anaaallvrrle^vfac the raeidtie.ef dj*
fended debt, bearing thia* par c*nt. interest, In
be redeeoMKt at eomc'dUUnt perled. .'' *
By the report, itapfttan, tfct M \he
of. )U5, alter peyiM the ra^iturt. ol^ke
yeer, including the interest oo thepobUp da**;
to the tf 1st dejr of Jwsuary, IKt. wre *?jU
remain fa the (MMn Mm iu?? ot $3,?84j06? 79,
of wJikU. $3,600,000 are *u?$ect to former a p.
propriotlous, and one million of nnavatlebW
funds, leaving for the year 1820, the sum of
5704,061 78; and by estimate, lothatrepo't
(he ree?lp<s ead eipcnditures of tha yeer It
after applying the amount of the iiakmg fund,
iniltiooa of dollars, to the discharge of the in
est and prlnclpel of tha public debt, tbere
fends, leaving for tbe year IBS
5704,061 78; end by estimate, la that repot t, of
(he reeelpte ead eipcnditures of tha yeer 1K20,
- ~
inter
^ ^ dl
remain in (be treaiUty on th*3lsfof December,
1820, e balaotio of 44,915,260 08, applicable to
the seme purpu**, if deemed expedient.
Although it is in contenlplallon to reduce the
Julius oo toe. coffee, end soute otber articles, this
meu?uro if adopted, will not produce a cwres
pondent reduction of the revenues?for tbere will
be an increased consumption of the article*, in
consequence of such reduction of the dutle
while the revenue will be gradually augmented
population shall itieroese, and with It, tha
coniiiroplion of articles on which our duties are
collected.
It is, therefore, bolievcd that tbere frill be an
Increase, rather tbau a decrease of puldie reve
nue, for many years to come, audit may be safe*
ly ufrumod rii <ftlie l*o stuns mentioned, towiif
tli* amount of tbe sinking fund of ten million* <4
?loilnrr, and tbe bstalieeoi ?4,010,200 fund, Which
oiny l?e paid the dirldiMidf propose J lo he madti
?tHe fciert st no the pebthi'dfcbt? and tbe Vims
u4o4?aefy 6>r the gradual reduction end flnetui*'
taction of -the sis per oeotv'ftve' per e?nl aui
four end a halfiper cent d?bt;?eairwf which deb),
cacept iikiIi portion of it as are not yet ttoe'/msy
be dis6h .irj*d at ?ueh tieav*; ead in euch piHti^rfs,
a? may suit'the convenience of tho general gt/r
ernnteu*?end th% loans uo< yet du?, amy tfn di?
charged hi like maun*r, as tboy fall dut, the Ust
ofwhiph will be iullie year IBil-V
Upoa iMs basis, the committee of ways and
means of the House of Itepreieatative.vift their
report of Hie Olh February last have stated, that
the debt bearing tlx per cent, interest, may be ex
tioguished oo the let day of Jdlj, lMt9. provided'
the whole'ef the proposed fund.excopt what may
?*???/ <w* *P't'wa IU? IJItWIWPI op IB?
pulllo debt, ?heulJ bn apphed to that purpose.
Upon (Iih fund tbui a??uuied, tbo following cal
culations ero made?
Tb? amount ef Ihehulaoce of
? JOiA, applicable to thr
- year IMt.wbffer* stated ? ? ?731,001,78
Tin sum appropriated to the
?inking funil 10,000,000 00
Balance in Ttcasmy on 3l?t
- l)ecemh?r, Itttfl, S4,'.JI5,
8?1> 90?'Jwi'iuiwvl at ? 5,00'J,000 00
?15,000,000 00
l.MPftE-S.MKNT .J? SEVMF.N.
rnmjuu fll ih? United
State* be rr<i<n-stail to cause to he taiil before this
lino** any Inf'Tinalion In bit pmscuion touching
thp impre?mmit of st atnta fmio o& board of Am
erican vmmU ou the high sea*, or elsewhere, by
lb* commandor* of BrltUh or other foreign v?j.
vis or shi: i of war, since tbo Iblb of J'cbrunry,
18IV"
Mr Forsyth movrd to nmend the resolution, by
inserting the following words:
"Tojethrr with auy correspondence on the
tubject wHJi any Foreign Government."
Mr. Kvereti ro*i to make a ?ingle suggestion to
the gentleman from Georgia. Mr. K.bad out the
slight**! oljjection to III* object which that feri>
tleman had in view. Whenever* pr?|K.-rjjinc
for ?uch a disclosure ibould arrive, bo wished
the whole proceedings of the government, on
this subject, to come-before tlie house. But al
though the resolution of the g*utlem?n f.rtm M?.
ryland was couohedin general tenm. tlm
doubdeM undantood U to refcr to recent dvent*,
of wbieb intelligence had been rtarcejy Jwe
we?k* io the country. Short w the time nra*t
Mr. E. hail nodtubi fahlHWih hnbad no perticn
lar information eh the point) that the ikinectM
received due attention from the eseeativd gov*
erument. But aiit wa'not possible that afrer tie
ao abort ? period, en nnawer coyld hare
received from any foreign * gbvfrnmebt. to
any reraoo>trenee<nad? h/ out MfW* Mr.?. Ah*
tattled to th" gentlemen from Ueorgla, whether
It might wA W premature to pre** hia am*a(l<<
?MAif . \
Ml. Condiet, of New Jersey, suggested, that it
tM InformaOyti called (brbvibe re*elation couM
?otnt an? rnfe be 'submitted' to Coogrot* before
Hj next seaslon, the'otijection niged by the gentle
miin from Matsaehusetts did not apply?ai abun
dant time ?mmM elapae hi the mean while for the
aniwera to be received from foreign government*,
and tlm information ?bn then be communicated
-~MrJ C. ?apreaaed hia - settsfoetloo that Midi
anmatkMlMbMa offered. He tbooght aueli
a (iraellee mi that alluded to, eould not too soon
be inquired Intoj it ought to be checknd in thb
bud.'1. ?? ?
Mr. Fnrayth *ald,thet If the form of lha reeolu
lion hud t?een aperiUe, applying only to a tingle
^??varnmenl.lhe objection of the gentleman from
MaMohutelu might have weight*?but the reaola*
(ion it general in lie form, and embraces any and
every other government that may ^ayeheeoeon
nerned in like practices; and if, aa be had good
reason to belieee, a similar occurrence bad Imp*
pcnml under Ibe nlledgad orilers of any other put*,
er. the eore*pondea?e may have already taken
l?laee. lie alluded to the otooibien (^govern
ment. ' ,
Mr Ld(le?aid ha had twn objeets hi view in
offering (Ms resolution ?flr?(; to establish thnfcet.
for ?re nave It only asaowtneper information, and
t>ecaii?e I believe it true tret impitwiah ham
fceaii mmM| ami, eeeondly, to evluee to the world
that this government doee.no* look on eUeh acts
with India* re nee. The r^olniion is general. oa
thie subject Ibe Amertean people view align vera*
meats and nations alike. ft eras my let, abont fenr
teen years "act, in this hall, to intraduee u simQer
reaoluUoa of enquiry. Impvamsnonts had then
eonstkofod a (kincipal item aasowg ibe other oetn
es.whieb led to the war In which wa ware last en
gaged- I will eoly add. I tie not too how h Is pee
sible that we enn sabuklt lo the preetiee, either as
aa lndap?a<?m Matte* or ae living nnder aa eft
im Mjijmeamahl allnm ilk*' J
*HIIVI|VTWRVNil? ?!? ?'fw pifRVIiwmia
dslhatits primary end, which I eomldsr to he for
thh ?ntpel prateetlon of oar pervnnal liberty <nd
InF ... - * *
tlon ot auy
w?S5'ii!SSii ft
sScs^pssss;?
tb&foiMtheirettnfceootnoeiieoofdeobt?lao.
oepi the modifloeriou offered if I pmriUnl to
Mr.BYaroU seid, bo haaitily
^ Ami Maryland; 1m w?|
|Ud Uiellha subject WW (bus promptly prnaent
?dte.lbt nolle* of (he bouse. Nefcber wm he
ot^W 'fc the object of lb* from
Mr. tr??U *1 Mt T55M*h*i H
to fore*,
7 proceedings?? (be par( of thte jor
ernmeot, fefctire (obsolete neeon-eno*, on the
coast of JMHee* although bo w??nersa?dedlhej|
wpe ?ifr,j?i (be honor of >bo country
??to |M CUM of Colombian
wkieh ho ovMiibl waeinforro
oUyVM"! to Mk for the cons
i|m DOMfttyicn of
-jv ^ *???? r u ? m **?
<W<0MI<1UI. In iwder, therefore, toreeou
WlOIhe" attainment of (bo objeet of ?V |wHi
IsanfroiM Ottotpa with on awHjr course In nlc
tW?ii (a rotonl tmii, Mr. Ererett would sumtf
to the gentlemen to insert tbo usual proviso: "As
fur es tbo Communication of the same b consii
tent willi tb? public serrice."
Mr. Korsjlli accepted tbo modUkotloo;
In thlffiMm Um resolution Wornmed (0.
Among Uio juo?t ImpsrUnt of the private bilk
which .wore acted on, was thot for too relief of
Mr. Mouroe, lalo president of tbo Unllod States.
His claim for arrears duo to Mm was about
?15,000. As this wm duo Aftern or eiateen years
a|o, the oommlttee which rr|iorted Ibetdlf, ad
ded the ioterest to the sppropristlou. This Ham
of interest was stricken out on motion ol Mr.
Whittlesey, of Ohio} enl the bill passed without
it The senate amended the. bill, by intfertioe an
additional sum of about $UfiOO nearly equiva
lent)* (hO interest, inaklo; (he afgr*{ote amount
i.f appropriation somewhat more thanfftt.Q00<?
The hbOte insisted ott iU own bills and tbo senate
lOfhted' on the amendment, and eifcrd ? confer
ence-. The hou*e related to roccde. and fronted
a conference. The committee of eomtrrepce
aidJ? "a report stating tbo imffceetleobitity of
itbuibiK 16 an arrabaament A motion w?? than
ra^iiu tV't+'eeile, and the bouse'Aualiy adopted
(fcftiytr sum, aalaeerted by the senate.
***Onb oir'(wb members, during the' siltlojr yes
Vkdfmlwhi, eapeesmda holier that it Is un
constitutional,. and at variaueo with the ruW of
'the tuMie, l?? legUUIe on Sunday. The speaker
JfajkMj'theraltbotfgh not uswtl for the house to
leglAMeuQ-lhai day, U h fully competent for the
bouse to do <u.-'
Mf. M*Mer'fate uotire Ittfwre the house ad*
jouroed,<-that lie should (his morning more for a
cail of lliahoiix*; ond Mr. Weemf, of Maryland,
jltAeam notice that be should move tn record on
(he Journal, (he name* of all 4be mmolxr* who
hate ?li*\\y their full pay, sod absented tbeui
?elv? i without leave of ithe houso.
During * tho e* suing session of Baturdny, on
miHtoti ?f Mr. F.verett, the rule prohibiting (he
Matting of bills (* .tbe fiwUnl for eignature on
the lu?t Uv of lh* teuton, wet impended, K>n
to tftloit Mil* ?o lift lent to bioi Ibu day; eud the
tcnat* e<Mi??rntl I# ihe retolulioa.
Tbe titUftiiiMj iu Hrhieh the billyoakinz appro
priation for (be public building* U pieced, it tin-1
?uler. After (wtrfng tbe bvutr, t??U bill ?u
e&trtded iii ten..t*, ty adding to it en approprin
tioa 0/ J3M00 tie Cumberland roa j. Tbe
ho nee re(ui?d to *<)opt tbu eiaenJmcntj end at ?
late hear on 6a tarda? ttifht Mat back tbe bill
to the ?eu?te. A peremptory order was iuued to
obtain ? aoonMBi wd between throe and four
o'clock yeeteTtUy morning, the e*Mate receded
from it? eiutodnicuti. The tpeekcrtwat then
ebout t? tign the bill, wheo Mr. Houston of Ten
/.ftmUW UIUSOF EXdlAlWiK.
We proeted tofblM our promite of i
. .ere wUdhdKobeatofilr. VerplentJ
report o*?fat? MiMect. After eetebfUhi,- ?
that MMrM have the right toregriate tbi* mmcIm
MmZS^SSSi:
^,#'*rt*,?l,out ,h* ?*?* The re
?ill otMibb fa great uoeortalatv, both at hone
?,Ml *! U *?*?* ?* ^ *P*cio? of com
teercial Mure nicy.
? A WU M LoadMl?r?IMOi wton esrb.m;?
h ttn tWr' eaot. odwu?oa, com, in tha United
8t4t?, 4b#lt ?4,800. ll h J>?honnr*l. an I Iho
anteitaOest fMrtUa are all tolvenl, t?ul th? ralun
W 1Kb Ml V depend* npoo the part of America
Ha wAtetf W*M draws ot aegottaw-d. If k? hit
to lOblft t'a' frMiwn drawer or enfarwtf, ho
?mM, lfrlbhtrateof ?fchan|e, (at what hfe Mil
*$*? bhh> aadsb taortf, bot, if to am
HPBM# pfMt* sad other ateUa
ThU WTafWarWy alona i* no nyU
Lwhen it i* <*Midaced how bill*
?to hood, aud from city lo city,
bui concern* of our ituerael ami
'|W?, tbare MjrirlM, anJ thjirr
?rheo, witblo the Uat lour jraara.
I *eoy ek?t 6f wWfl JnjoMlce uil hardtMn,?
ft m ? taiifrfir.prbaclyla of law, roeogstaed b
the leief pafotee, ami by the eoarta, that the U*
fori of tto place, aot only wbara Um Uil waa
draws, Mi flan, wbara rt.waa ?ndoraad, for.
era* tne coppatatioo and aU?we?iea of doaaget
00 bt)l?, sttyftach aeveral party; beta
aueamlta aadonaiiol b?ot a tlmaUm
?>ut a uetr a?wl aubetantlva contract, to which tba
law of tha jtate whore it era* enteeod into attach
fai.ll th*l?f?l tnwywitt of Ma pdrtiesler lo*
(idatlow. (Mo ?a?00* *, IMnM ? Cranoh
k?p. ?fI Wlmtkr^py. Hp.on. I.Bay, t.Cv.
^Hiai, a foftga bUl, which boa poacedfroas
Maw Ortesaa, throogb Botfo* to Maw York or
ptiiledetpMa, aaoy No# o dtthrast eeloe, aa
1 Maimtawb we?nfrrgHty. '
eSppaakU* of avchango on
? too pe( eeat. adoaaoe, a Frovi.
Iiio, ?n.tha rotors of ? bill Ow
rttN It, M what hi received for
<njbe?lrf?0?Wrt?n<r, and than
Mrarfr dM#ar, pr prior* odor
oar boska paM in *pe?-W.
Ya
of tbo-l
gaSSsSffl
km m poeaof >roo?h tbo >H
??
?????PBHPP/i wubwiw1
? ToAir; webo*
???gft -?i ihaml ika anolkbtioa if MflM ip*
It to OttoriympoeelbU for 94 ^dependent talk
dtetlone to mm ?? My Identical or dvo? ?SnU
toot legulation on the M^bjtci. Wtotow *y*J
?rut. are m?de, to boptaMM?l
issrsjc
throuxhoat the tfaltod BtiUf, ? nil* conformable I
lb* ?t?iiU wwjtT' P*<k,r ^ ^ I
*WHeen ooercbaitt is' Now York JraWe on bto'
debtor in London, or oa'a aercbont tbeid With
whom be hoc mutual deollnga, ? bW lo favor of
lyrturprm forfc oottoln mum In poonda rtorj
?imrooohfoiMMMiH^MH
ling, mm n
in ootUn;
^^?for Ibis bill ? it* current value
?tbo otyect of tbo buyer of tb* toll I*
lo mdn tbto aum in *terltnf currency III London,
nod tbo drawer udovonr aoboooutut on donor m
Ireepoasible to the iMtboMoK tbotIf bo uiradlli
valuo bo mode food to I
no ritounw oomptoln. i
mtthr umy dunpt, dir
fonco it ahull be n poM. wtowwf, U boppwo
wot nieb o bill u refuOod ptfant, tbo eoteel
loM*u?telnod to not tbo mora fooo of tbo bWool*
oulotod In dollar* at, tbo noaiail par, but what
woold bo tbo valueof tbo amount of lu content*
London, 1' paid when ot maturity. If tkot
bin, tbo holder con hove
, aioee bo to not oibohi) to
llreet or Indirect. If, than,
tbo tow outhortortead ombloa Mm ?? replace I ho
?urn which bo expected lo raooivo for bto bill,
opon the apot, end without delay, by tho sole of
another bill upon Now York, drown on thoao lia?
bio to bint oa (be drawer*, or prior euderaer* there,
be can have no (found of cooiplalot. . 1
u For inataneo: If we bare paid |400 ot Now
York tot ?1,000, payable in London, and If, on
the diahouor cf (be b.ll, be cen imnitdittr.lv
roiic hi* ?1.000, with ell other rrpentea attaod
in* the protoat, by redrawing e Mil lor f4/<00l
on (ba drawer or eome well known endorser el
the original J>UlJn Now )[?(k, eed by *elllof thi*
bill inl?oudon, (be ogreement I* *ob?tontlelly OS*
ecute J whenever tbo redrawn bill i* paid la Amo?
rice.
" If, however, ii *hould not rait the eonven.
lence of Ibe party actually to redraw, which it
very frequently may no( be in hia power (o do,
then, on tho eame ptindpW, It appeora perfectly
Ji?M that he ahould bo enUilcd to reooive for bto
dishonored bill, from thoie por*on* who may bo
re*pon*ible upon it, o mm audkient to heye made
it good at the time and place of peyment, with
all nere*earvcbarge*t (hot to to aay, be ought to
receive on domond tbo amount for which no might
have redraws.
? Thia rata (? founded in the atrictett equity,
aod H bit th? mmUoo of long and (wltb the ?*?
enptiM of the preaent and former eolontoa of
Urnt fcritainj valriml commercial utece
|l Jon ippMr to ue tbil thl? It the only prinel
(ile which, under nil the eircumetBocQe nod flue
luitlou o( e?hM|f, eaneeenre my thing like
? fair eompiM?Uw lor Dm Iom ?utialned ty the i
holder of ? dtobenered Ml, without Dm hetard I
of one pa My being aometimea bul partlfUy pold,
or lh? other oppreaaed with the payment of una.
qual eod ruluout damegea. U to aanctlonod by
the ?ucc??*ful eiporiooee of I be cooBtuctulal ue
lion* of Kuropr lor two ceoturte*.
To oheok, however the practice of drawing
biUa, without fbndt^ for CTw UMjro *
Weor eeelMe eoneeqoewHil faltirlea eriaiag/reai
55*1?"* ThJ? allowance
?f damage*, he woeid rire Only In fraudulent
eaees,aod no! on booa-Me treneaetioaat threw
lee die burden of proof of fraud utout Intent,
* . dMWl*, *r? claimed^ on the holder
or plaintiff. In beon-Bde caret, the deeefrs, U
eny, nre to be considered aa a flaed qontmbftioo
flw oonninkai, proteat pottage, and other
trouble or Up??M conteeuent on the dlwu
potntment> end ** aheuld not." Mja Mr.. Ver
planob. ? eiceed Ave per cent."
We heve tooched only on the leading peerage*
of the report. He atetaannta nod ergon**, la
detail, are farj iaiportent, and the whole eon
fera greet honor on the knowledge, prudence nod
accuracy of Ha futhor. ' '
To tht.liditon'of Pn UnfMvrtr '
After the rt|NHl JMd? br Mr. MaHladale tu
pubHihtd, Im iwnbir if tin CMutlUf, con
aidereil it my duty to tlwliia tlw doctrine dW*
toiMd in (bat report, wbfeh I did in the boot*
by eabaektlay ? retolution' to reeowUtibe e?n
?UV bill oikIUm report of - tbe boni, with ia
MrnUlow. TM? roaolntfau w?? adopted, tbe ia
etraeltara prrm&td tbe croatnlUae to report tbe
M bill, from Ufo. wnM* with tbe evideaae," tboy
dfif>et iwrwlt )tbe oommittoe again to return to
tie Mfata with tM report of Mr. Maitladide. Thie
I eoaaidtvedatrieetion not ooly of tbe report bat
o{. tbe doetriaeeK contained?
.. And b give* fa* P't??ure to My Uiat I holier*
that aot only ti?e l-oaaa of rapr**eotatlvea are <>p.
Sid to tbia doetriaa ea Indicated by tbe re?olu
abova aeaiwied, bat tbat tbe toanlilrt ot
ae do not laantlon it. TbW ia due to ae air I
tbia abootd ba known to tba nation leat tbe a*
preafion* <n Governor Tyler'* letter to Mr. Tase
w*ll about! Aa apoa individual* o|?)uloaa wbieb
tbey bare naver eatertaiaed?the eapreaaiona al.
laded to arc, "but Mr. Martkidete and kit com
miilet In tbeir notion of men and moral ???*/?
have a>ade a new and wholly uafore**en dirCo ve.
ry.H lae on* of tba committee wholly dbciaiaa
any portion of tba good or evil tbat la to reeait
from tbia ?? dhwovery," I aot baring contributed
nay t Wag'to iffni M.
?at I ajprOO moat heartily with the governor,
that tbaetava holding atatee abould 14 watch with
tbb deapeat interert" all and every attempt to
break down tba barrier* of tba conatHntion, by
iMM afene wa eaa maintain our righta.
Tour paper ia of esteariva elreufatlon, aad aa
far ae tba anndemuetioo of tbia report baa bee*
cireahtadbyu, I with uty diaelaiaMr to elraotala.
Very r*ep*ctlolly, your moe1 obedient aervaat
O. W.OWEN.
?, P.*mu 4frii II.?W* inadvertently
nart*edto?oUea,to oar tort-paper, a etagator
ireab offcrtaae which recently occurred lathe vi
einitv of thU place. The fate, a* wa lenrn, are
briefly theea One of tbe labourer* on tba Union
?anal, eaaaa tbae pravioae In tha drawing of thy
aalea aanil lattery, mm* to thie borough and par
rhaaed ofMeaara. J.fc 9. Beraatt aoma ahareaof
iMtefy tlefeMe. Oa tba evnalag after tba drawing.
la mm* I mnl^hiilaeAatalmA
of #2255tii 6Msid4b<wto#SalK olhfstl
tftliiii* OiahefbS Wfcwtobaarnr*. wbd wae
** * * - wfljf I g _ - h. ^ ? ?? I a
^rt a*v*a pto*ni| OVatftl *W^rt?ar
the IcMory htidi Mm piece.' The mull of the
? ? ? A. - ~ AAA h
?WfL m wii iiorwiMr HQ
tioh4R|fil III# tickvt
c?r? b* mor* M0H/
m Mvm Informed
STSSSS
?Mate priority for adtataalon Iqto TH*|oek.w1
Uxll V) lh# f ivtf, Vt W M ?duct
wbleb
iFor more thao foor hour* thc*oofeato? wmkrrry
great, and the oeite fcr enfaoded; wo proooow.
uymriMinl laMha<gM
jMwltiw<rti,wiw iMlkli
nod not with (thendloc^ft lUM^a ISnTI
pecUd that thare would be e jfrnetll tofabott yet
1% ilislflWfWtSil IpfCtfll^T coiih! not'
|IOw? iUWJrJinj fl nvvn j %( IA0 ^
op oil Iho woWgt whfch orer
the wetera of CUnpUta or Oeerce. iwl aeey |M<
ditioo oolcb BM, liot rn ?Inletomf 1#?*-~
D o Nil wnlvo? ood IMM,idd n wok look
ing IHtlo follow, who hod to lood of iWiMj do*
ports; "I em the Amerieeo Iwio, in4 ho who
doraa moo mo (hall f?t| ajr Mom fa fcio om?."
"Wow Mr. Watere," aild o too of l|lfa?EfSio
of your Uorory; sow, la ffhyyowtrttlohfo
mfae, orlll mom yen fa Iho wowt, lid theo
thoro'U ho eihtctiag of (ho w?Uf?.H Ooo aw
puihod Ma boot lototho Mouth of tho look, iaat W
eootbar we* reedy to ooom not, o?d tho* aHaeM,
a wore ho maoldkeep hit toot there to otofaDv,
ubleaa be eooklbe aeotfred fa whet he celled
right to mm throoghueit: pad fa
or thvoota* hold lit* pocitlon like the dog
?er,toi * 'WfifiB
conproa^ao woa<
fa tin MRjtt, (erworeUahjhrotogf, nntil aoao o
Oltniout vnttrlamty oflht ?Mr,-Io tho Mt<
iah IIoum of ConaoM eo tho Iffh of Foh. Mr.
Po4i fitted (hot there eiirtod-to F.oglnndno leap
thmnkfly diflWrvoi aUtotfU applicable <0 tho aom
luoniog qualification* oOdKaaBnooltf of jurlt#.
Dr. Loahlogtoo aoU? ?*? ? *'
M Ho ootid appeal fo toy Uwyaf.be vovll
appeal to tho hooorable ood lumd Solicitor
uoeeroj, whether In mUi of low, com* wore eel
citod by the counael oo both aidw without rod.
ood with coooioammtotM aod cohfdonoo. until
the enfortoatta Judge woa ocarwhtlmed with
contradictory doewoni oo Iho point before hhn.
Nut eoty woa tho low to aaeoy roapoeta uohnowa
tothoM wheM dely a *?? to Kodr k, kwt tho
ooeuauoity at torge wart wholly Igeetooiof It.
Jlfoiy wart fA? jMreeo* who Jled Mm (tMli/W for
met* mAdah, 4?/?n Me rtMariarftw ?/ (ktm, (hoy ?d
oe/AeOw nim capital qfnuu.
ABATEMENT OK A NUISANCE.
CilUTHbut, OM9, 4ffH 87>r?Tb*?iil*eni of lhi?
town of CotMbu, mio| tbe fcU noatbi, Imt*
for rnw year* part baao aftlatad with biUhnti
r?vm. A great majority of, tba. citlsanvtooA
duotly UIWA that tbo Mill 4a iaamadUteiy oi>.
potUa U* town, aggravate*, tbo diaaM* witU
whleb, mr tinea lU araetioa, tb?jr baV* bwa
aAictad. JawtU and Smith, frMdor*
?>f tb? mill, war#, at tba pnuat April.Uraa of
lb? court of mwim pUaa, Indict ad under th*
?tatuta, which nrovkkao rateady to abate at?g
iMta pAol* that ewu Maui. Mum. Jtwott
and Jitoitb, ?hy daya bafcfolW i? H??
tor uUI, Uli tbaeooaty, INK* wl tooo t*tU;
I qoMly mi |
caad.d to J
?Uhlht
aasaaaa.
a public (MbaKtil aa ?MririetkatawI(>'
laadtboaawhoItaV*mibawiarbatwaan<bl hl!
tbtaaof thair oaSo^ M4<S<r VSSiViol fc?t"
iwtow^tiKs^Kjs^sr0*-tat
The following oooctoe end whimsical l??*torr of
the it* to of the.cotton market for Hm laM lew
??artlM.tocepted too* one of the window abtiJUra
of tba ??chw|i mta K?n. aHww it boa btca
ohto?tol?I by.mm* nofcrtnneu tpootetor.at *??
rlNi pafloda during tbOM operation* wMch ho**
bean the aource of an Much eositty. for the in
formation of Aft uoloHUtH wo u?ay atnto Mwt*0
prita of Bowed cotton at the tmowiMmt of
the period Aral noticed, April 00,10*0, woe about
18 to iOd aol at the t?rmin?Hen of k tbot to o?
the UtfeOrnary,tot*.
April 90. I?t5. I J . ..
?t oooo? HteitftUooi
TrtpkUUotv
lojowu.y<;
Ion. 17, . {. Dw.Ull.'^
? szss#-- .
Fa Wry 1, 1820 do D??
LhHTfilfWf*,
. *Wf? p//.eMWj>?The arcbb(th<>p ?j
Le Tether, maintained diet oo one cow Id booflW
o?t men who bed oo (ooome of tern then'
and llrrea. One ?fajr tbot bo wn Iuquir?n*e2ct
?owe ptraoo'a eheraetcr, Boilaao, wboareTIc
qoeinted wHb (bo prolete'e tariff, f rV km i"
biiof^J h^'auLw." ,hou*^?C3??k0^/f
? ewvveorv e All n la... a a. - m
Alexander,
arada the I
eaafatence, bia rmm, tor Mlly IM^ ,
aom. tneb edvertliemeaU ere 9*f
in the Roaaion jonrnaW.
**? OmwH
there to on* c|e?wm*ii to M tibi
one Mi 10. |o I bo Oroek chaick of
?a nne minl^Me 964 u??2? U .
P$j|g?3B
?nrjroontp?1) in Hpnln one to 1# Tbo.nrw*
toT*0?*t large, Uln/SI