The Pennsylvania packet, or, The general advertiser — Lancaster, Pa.;Philadelphia, Pa., 1782-09-05 00:00:00, page 6

0. g rad ud to fo of an _ th , e ft ^ ^^^
^^b^e ^^^t^been dei'uded a rife confidence, and that the evil arises front an undue proportion of the
}cfric buideu unjustly heaped upon thtih.
T^^^rt^H, applicable,,.e,^^ ^e^
3^^^^C^+^s^^^ ^ reft on there, than of that on the others ,
1 e c-dU of justice are nevertheless equally clear and strong in their favor.
,o. r ;ft ^^X^^^^^^^^^^^^^ i^^
T ^^^¥^ ho ;fo^ffi ^^ ^^^ ^ t ^^
wants. Many of them nave s o ^h ° f "f P and ' they have the mortification to find, that while others, enjoying the full benefits of their pro
. buM^ on ^ equal ^°,^ of part of their profits, the holders of loan-office certificates are deprived of even common interest
petty, can easily pa) ta °leaft equal taxes besides ; by which their contributions to the public Service are most unequally, and in many
!°r ^^^?fM Me^^^ isfo flatly unjust, that your petitioners cannot but hope it will meet with due at.
Cention and Speedy redress.
, r , petitioners conceive it necessary to hrge the apprehension of another still greater. The mere fuf.
2, b%,^3^^, y^o r flo, though it would be injurious to all, and distressing to many, would not, provided there was a certainty
of p^Mdity 'Afterwards, occafwn so great an injury as is now apprehended.
, , . a threatened suspension of that on the others, and the want of established funds appropriated to these
But from the delay tae interest on^ome^tn # "furilefs Some Speedy and effectual measures are taken to revive that confidence in the justice
payments, the capital firm is already ^f^fy; of . ' ic _{ ^ be founde d, a much greater degree of depreciation will take place, and th
dud integrity of toe public, on wnicn alone any t, ^ th e'pablic faith, will become a prey to Speculators.—Necessity will oblige them to fell at what
honeft lenders of the money, who naff liftwhich ^re at once the vouchers of their attachment to a cause which has purchased freedom and opu.
W^'^X: IMM^^ ^had, and which the calls of nature or of decency compel them to part with for a trifle
, A but the number of these individuals is too great, and their merit as patriots toocon-
These are considerations which refpcci t^f, that the'feelings of humanity and the calls of justice could cease to operate in their favor, the
'^ ^ou.exertione to redrew their grievances.
, , abandoning the strong hold of public credit, and relying on concurrent taxes
The experience of other nations ffi of Nation on such occafiofs, can never keep pace with the demands, especially in the pecu
foe for carrying on an extensive war : ™^oft t^ maturity . T he necessity of anticipating, by public loans, Such re
har circumstances of a young and j c^foicuous But it is not to be expected, that such loans can be obtained, either from our own
venues as the country can anord, is theiefore the m P , . funds for the regular payment of the interest, and for the repayment of the
citizens or from foreigners, without the efta ' d t were duly arranged, your petitioners feel a confidence that a part of them, turned to these
principal at a future time. If t*e refource^ oftneun which the public credit might be revived, and the means obtained of supporting the ar
^M^^ te M,±V'^^^^M a ^orbing the public creditors,'and rendering that burden light and ea sy, by
~ frn thm far instrumental in contending for the freedom of America, and the rights of mankind ;
Your petitioners feel a conscious pride in ha "^ . f hf Q S f ft in peace, they are desirous that succeeding generations should enjoy the be
hnd whatever may be the ,U of Providence as h , r ,^ 'in common with their fellow citizens, even to the last Billing, if it
nefit. Their ardor is not ^d, a n d {h^ &„. fy an ,,^^ distribution of the public burden, is all they a sk and
should be necessary, to secure peace, libers' an P fnall not be difapp^inted. They confide in the strong assurances of congress, and the faith
f Y"Mbj 'fta^ ffo%^^^ in their several refolutibns on the fubjed of the public loans, that the interest mil be pundually paid.
t rA - language of congress, in the close of their circular letter of the 13th of September i779>on an occa-
Your petitioners hope to be excused in it J w & as juftie'e makes this demand upon you; the complaints of ruined widows, and the tries of
fion to which it is so peculiarly applicable. , n hsuds and melted away, have doubtless reached you—Take care that they afeend no
fatherlefs children, ^fewhole fypport^ become independent, than flie 3 became insolvent; or that her infant glories, and growing fame,
^7 ".baud ^l^^ viXed faith e , ^very' hour when ail the nations of the earth were admiring and almost adoring
were oblcure^ j
the splendor of her rising.
direct the payment of the interest on the debts due from the united states, and
Y °" r P MecX th^'^^ that they ^ll eftablilh effeftual and permanent funds for the continuance of s uc h payments, until the
principal shall be fairly difeharged. B LAIR M'C LENACHAN,
CHARLESPETTIT,
Philadelphia, July 8, 1782. JOHN EWING,
BENJAMIN RUSH.
To the Honorable the REPRESENTATIVES of the FREEMEN of the
Commonwealth of Pennsylvania, in GENERAL ASSEMBLY met.
The Petition of a Committee of the Proprietors of Loan-Office Certificates, in the City
and Neighbourhood of Philadelphia,
HUMBLY SHEWETH,
T^^^^^^ ^^^^^^^X^^#
& interest of the laid certificates.
That, in purfoance of the laid di^ion, your petitioners did, on the Sth of July left, prefer# a remon^nce and petition to congress, a copy of which
is hereto annexed.
thA matter of the said remonstrance and petition to be of great importance to the public credit and general welfare
of foni^d ft'ate^'as'wefi'as deeply affecting to the interests of a great number of individuals.
. . IAI m rA is due to the citizens of Pennsylvania, many of whom fuffer grievousin-
That a large P ro P or d % n ° f ^^fy,% f^fon 'o'f the ?nYeft on monies lent lift tft of March i„ 8 , as from Ihe threatened suspension of that on
IfMeVi'iX date ^d the great and alarming depreciation in the value of the principal confident thereon.
T^^^^^^ ^^:^^^^ ^^^^
tedfand u'nafeertained by such vouchers as are requisite for funded debts....
z ™^i^ ^=^ ^^ t ^ e p^
petitioners would wish to be understoo d aß ,^ ^ ifof this ; P P , ing,e ^^^ pitied J
contrib^iXere ^de, other dates, and that I d. e proven „ w er ; d Iby he ^ dates^ ^M/oM^y ^^ ought, in one way
foieat. B LAIR M<CLENAC H A, N,
CHARLESPE TTIT,
Philadelphia, August 19> V^ J OHN EWING,
THOMAS FITZSIMONS,
BENJ AMINRUSH.