The New-Jersey gazette — Burlington [N.J.], 1780-07-05 00:00:00, page 2

The Factor shall give security to the Board 6f In
fpertors in the sum of ten thousand pounds, Pennsyl
vania currency in specie, for the faithful discharge of
his duty. He shall keep fair accounts of all his tranf
artions, and copies of all his letters ; and shall fettle
with the Directors as often as they or the Board of
InfpeCtors shall think fit.
The Directors, Factor, * and all persons employed
under them shall be paid reasonable compensations
for their time and trouble. But as this association is
founded in the present publick necessities, with in
tention to relieve them, as far as its object extends,
none of the Sureties, subscribers to the general loan,
Inspectors, the gentlemen that shall receive the goods
at Trenton, and forward them thence, or other gen
tlemen that may give occasional assistance, mean to
derive the least pecuniary advantage to themselves or
families from this exertion. Yet, as it is hoped and
expected that the United States will draw the most
essential benefits from it, it is just that Congress should
pledge the faith of the United States to reimburse the
whole cost and charges of this tranfartion in reason-,
* Neither the Directors nor Factor nozu chosen by the
subscribers, are to have any compensation made them
for their feriices.
The Factor is authorized to draw on the Directors
for specie, Pennsylvania state money or continental
money, as occasion may require: He and they al
ways taking care to understand their ability to honor
such draughts.
He shall provide his store with rum, sugar, coffee,
salt, and other goods, at the cheapest wholesale prices,
to be fold at the fame prices to those who supply him
with provisions; that so he may gain a preference of
what comes to market. It may be ufeful in this re
fpeCl to make it known throughout the country, that
he is enabled to make such payments as above de
scribed.
The Board of InfpeCtors shall consist of five persons,
to be chosen by the Sureties. This Board shall hold
the bonds of the Sureties fafely in their poffefhon, un
til the business be finiflied and fettled ; or in case of
default, until suits shall be brought and recovery had
thereupon.
The Board of Infpedors, or any three of them,
shall have free access at all seasonable hours to the
books and papers of the Bank, and of the Fador, or
persons employed under him or them. They may en
quire into the manner of managing the business ; may
give their advice and opinion whenever they please ;
and if they think it necessary or proper, may call a
general meeting of the Sureties, in order to lay the
proceedings before them, to alk their advice, or to
propose new regulations, a change of officers, or any
other matter or thing they shall judge fit.
The Factor is authorized to hire a convenient store
for his business, and to employ such Agents, Clerks
and Assistants as, by experience, may be found ne
cessary. He shall proceed, with all possible dispatch,
to purchase on the most reasonable terms, flour, beef
and pork of found good quality, and in such quanti
ties of each article as may be regulated by the Board
of War, until he procure in the whole three millions
of rations, or as much thereof as he can, and three
hundred hogsheads of rum. He shall, as expeditious
ly as possible, fend the articles above-mentioned in
fufficient quantities to make a load, to Trenton, to
the care and direction of who shall receive
and forward the fame to camp, and there deliver them
to the order of the Commander in Chief, or of the
Board of War: The Factor supplying them with mo
ney or notes to pay the charges arising on such re
ceipt or transportation.
by the Directors, Aral! he applied to the sole purposes
of purchasing provisions and rum for the use ot the
continental army ; of transporting them to camp to
be delivered to the order of his Excellency the Com
mander in Chief or of the Board of War ; and of dis
charging their notes and the expence of conducting
the business. And no part of the said monies, or ot
the notes to be issued by the said Directors, shall, by
them, or any person anting for or on behalf of the
Bank, be applied to any other use or uses, purpose
or purposes whatsoever. Neither shall they borrow
more money, or ilfue more notes than shall be found
absolutely necefTary for the aforefaid purposes.
The Sureties for the Bank shall chufe a Fartor, who
shall have the entire management of the purchases ;
and on whose order the Directors are to pay, in mo
ney or notes, such sums, from time to time, as he
may draw for.
These draughts will require an immediate supply ;
and therefore it is necessary that the subscribers to the
General Loan pay ten per cent, on their tubfcriptions,
within eight days after the date thereof. This will
create a fund to begin with. It must be the constant
aim both of the Directors in paying, and of the Fac
tor in his contrasts, to pals as many notes in pay
ment as possible, until Congress can reimburse the
Bank: And when that shall happen, the notes that
shall be out, shall be called in, and paid off; the en
tire accounts shall be made up and fettled with Con
gress ; and the bonds of the Sureties shall be deliver
ed up or cancelled.
The Directors shall execute instruments of writing,
binding their whole estates for the faithful perform
ance of their duties; which instruments, and the
bonds of the Sureties, shall be recorded in the Recor
der's office for the county of Philadelphia, and shall
be deposited in the hands of the Board of Infpertors
herein-after mentioned.
Tuesday last arrived at Salem, a ship from Cales,
in 45 days, the master of which informs, that he fail
ed in company with a Spanish fleet of 12 fail ot the
line and 14,000 troops, supposed to be defined for
Jamaica.
We hear from the eartward, that a whale boat from
Penobfcoi, with 11 men belonging to her, was lately
taken by a light Hoop fitted out tor that purpose.—
The men on board the boat spying the sloop, made
towards her, and feeing but three men on board,
thought to make a prize of her; but as soon as they
all got on board, 20 men came out of the hold and
made them all prisoners. They were brought to this
town on Thursday last, and committed to gaol.
By Capt. Smith, in the ship Friendship, from Mar
tinico, we learn, that there were 12,000 troops at
Martinico, 5000 at Gaudaloupe, 1500 at St. Vincent,
1500 at Grenada, and 1500 at Dominique ; in the
whole, 21,500; and that both the French and Eng
lish fleets were out at the windward of Martinico
when he failed ; the French fleet had 10,000 troops
on board ; the British fleet consisted of about 20 fail
of the line, under the command of Admiral Rodney,
and it was expected a general action would ensue.
The publick fatisfartion riles high from the account
that a large naval and land armament may every mo
ment be expected from France on these coarts, to co
operate with the forces of the United States. So sea
sonable and'impbrtant an aid, at the fame time that
it greatly endears our generous ally to us, animates
people of every rank to the most vigorous efforts in
the preparations we are called to make, to art in the
most efficacious manner in conjunction with this pow
erful aid.
The pulse of liberty never beat higher than at the
present moment, and the spirit of the people is now
from various circumstances so ardent for something
decisive, as to afford a pleasing omen of a very vigo
rous and fuccefsful campaign.
N E W-LOND O N, June 16.
The privateer Iloop Hawk, Capt. Olmsted, was
last week drove on shore the South fide of Long-Island
by a British frigate. The veflel is loft, but the peo
ple•got fafe on ihore, and have since arrived here.
Last Tuesday Capt. John Clark arrived here in the
brig Argyle, in 17 days from Cape Francois, with a
cargo of salt and melilites. In lat. 31, 21. long. 70, 30.
he law five fail of (hips to the eastward, (landing ; to
Yesterday arrived here the Continental Frigate
Trumbull from a cruize, James Nicholson, Esquire,
commander, Uho on Friday the 2d instant, in lat.
35, long. 64 ic, had an engagement with a British
blip of 36 twelve and fix pounders. This action was
close and severe, and supported with great gallantry
by the Captain, officers, and company of the Trum
bull, against the superior force of the enemy for five
glasses, when both fl,ips were equally dilpofed to
part: The Trumbull having all her malts wounded
in such a manner as to render it impossible for her to
continue the engagement, and the British Ihip in a si
tuation equally unfit for it. In ten minutes after the
artion ceased the Trumbull loft her main and mizen
topmasts, while within mufquet ihot of the enemy,
which they took no notice of, and soon after loft her
main and mizen masts. The marts of the Britilh ship
were left in a tottering condition, and it is supposed
must be gone ; the was hulled in many places, and had
all her pumps going, hove over many dead, and it is
presumed the fuffered more than the Trumbull, and
must have (truck to her if the had not unfortunately
sustained the loss of her marts. The Trumbull had 8
men killed and 31 wounded, 6 of which have died
since of their wounds, among the latter was Mr.
Daniel Starr, the third Lieutenant. The Britilh Ihip
appeared to be bound for Charleftown, but as no
questions were alked, and the action commenced
without ceremony, her name or destination is un
known.
able time, to give such assistance in the execution as
may be in their power, and such security as the Board
of InfpeCtors may stipulate with them, (which the said
Board are authorized to do) for the indemnification
of the Sureties of the Bank, and the Subscribers to
the General Loan.
The Infpe&ors of Bank are,
Robert Morris, J. M. Nefbitt, Blair M'Clenaghan,
Samuel Miles, Cadwallader Morris.
Directors. John Nixon, George Clymer.
FaCtor. Tench Francis.
The execution of the plan is in great forwardnefs.
WHEREAS in the present situation of publick af
fairs in the United States, the greatest and molt
vigorous exertions are required, for the fuccefsful
management of the just and necessary war, in which
they are engaged with Great-Britain: We the sub
scribers, deeply impressed with the sentiments that
on such an occasion should govern us, in the prose
cution of a war, on the event of which, our own
freedom and that of our posterity, and the freedom
and independence of the United States are all involv
ed, hereby feveraily pledge our property and credit
for the several sums fpecified and mentioned after our
names, in order to support the credit of a Bank to be
established for furnifhing a supply of provisions for the
armies of the United States: And we do hereby se
verally promise and engage to execute to the Direc
tors of the said Bank, bonds of the form hereunto
annexed. [See the last page.]
BOST O N, June 15.
" We have the pleasure of informing you, that a
Spanish frigate and a logger arrived yesterday even
ing at Fort-Royal, and the Governor this morning
informed us that they are part of a fleet of 14 Spanish
Blips of the line and 8 frigates and Hoops of war,
bound for this place; they left the fleet near the
Western Islands, and were dispatched to give govern
ment information of their coming ; their future des
tination is at present unknown. Monsieur Guichen,
with 16 or 17 French ships of the line, is going out
to mret them."
Extra# of a letter from a gentleman at St. Pierre's, in
Martinique, to his friend in this city, dated June 4.'
" I think before you left this it was currently re
ported the two fleets had engaged, and that our allies
came off conquerors ; that has since been confirmed.
The engagement was not general, altho' M. de Gui
chen endeavoured all in his power to makeit so ; the
English being to windward they rather chose to keep
at a distance. The Sandwich, I can allure you,
would beyond a doubt have been captured, had not
our Admiral thought proper to countermand some
signals thrown out, in consequence of one of his ships
in the rear being attacked by four British ships. The
French, you may depend, shew themselves to be men
of courage and conduct. This combat was under the
lee of Guadaloupe, but the English taking advantage
of the night, made fail, and left the French masters
of the sea. After landing the sick and wounded at
Guadaloupe, they went to windward, where again
falling in with the British fleet under their lee, they
endeavoured to bring them to an engagement, but
the British not chufing to rifque a second combat, en
deavoured to draw the French to leeward, by run
5. All officers to be allowed their private baggage
and horses, and to have their fide arms returned.
I expert an answer to these propositions in half an
hour ; if they are accepted, you will order every per
son under your command to pile his arms in one hour;
if you do not receive those terms, the blood be on
your head, I have the honour to be, Sir, with pro
per refpert, your most obedient servant,
BENJAMIN TARLITON, 1.c.c.b.1.
ANNAPOLI S, June 23.
Extra# of a letter from PeterJburgh, June 12.
" More bad luck ; a part of Scott's brigade, about
400, were all killed and taken at a place called the
Hanging Rocks, about 100 miles this fide Charles-
Town; they made great havock with the British
lighthorfe, killed three hundred, which were near
half the party."
BALTIMORE, June 27.
Letters from France mention, that the French
fleet, of 12 line of battle Blips, and many transports
with 10,000 troops, were to fail from Brest for the
United American States the 15th of April ultimo.
Capt. Belt, in the brig Lively, and three other ves
sels, have just arrived here from St. Euftatius. It was
reported at St. Euftatius, that 12 fail of the line and
TO,OOO troops had recently arrived at Martinico from
France.
Some particulars of the capture of the Hillfborough
packet, by the Lively and other vessels on their late
voyage from hence to 'Statia, will be in our next. —
The Hillfborough was bound to England from Ja
maica, with the dispatches of the Admiral and Ge
neral at St. Lucia, General Dalling's plan of the part
and present expeditions to the Spanish continent, the
insurance of the homeward bound fleet, Ac. &c. The
Hillfborough was retaken and carried into St. Kitt's.
Article 1. All officers to be prisoners of war, but
admitted to parole, and allowed to return to their
habitations till exchanged.
2. All continental soldiers to go to Lampriere's
Point, or any neighbouring port, and remain there
as prisoners of war till exchanged. To be allowed
provisions as good as British soldiers.
3. All militia soldiers to be permitted to return to
their habitations on parole.
4. All arms, ammunition, ftores^ and artillery,
provisions, waggons, horses, &c. to be faithfully
delivered.
the northward, which he took to be a French fleet
that failed from the Cape five days Before him, bound
to Philadelphia with stores for the Congress. On the
6th instant he spoke Capt. Collins in a brig from Phi
ladelphia, nine days out; and that morning again
saw the above fleet Handing N. N. W. and soon after
heard some very heavy cannon.
RICHMOND, (Virginia) June 21.
Terms of Capitulation offered Col. Buford, previous to
his mafacre on Monday the 29th of May.
RESISTANCE being in vain, to prevent the effu
fion of blood, I make offers which can never be
repeated. Your are now almost encompassed by a
corps, consisting of artillery, and 700 light troops on
horseback, half of which number are cavalry, and
Earl Cornwallis is within a short march, with nine
British battalions. I warn you. of temerity, of far
ther inimical proceedings, especially when I hold out
the following conditions, which are hereby the fame
accepted by Charleftown. But if any person of any
denomination, attempts to leave your army after this
flag is received, rest assured that be the fugitives of
any rank or dignity, they shall experience hostile
treatment.
PHILADELPHIA, June 28.
Extra# of a letter from Martinique, June 3.