National gazette. — Philadelphia [Pa.], 1793-03-02 00:00:00, page 3

For tie National Gazette.
Nvmbe,l V.
/CONSCIOUS of not being ft'mjulatcd i 1
J the minute!! degr - \ by a personal <> • i
private motive, I will yet proceed in the
difiipation of tliofe clouds which have been
intrrpofed between the true deligni of th •
Secretary of the Treasury and the public
cognizance.
Two laws exist, one for borrowing
12,000,000, and the other 2.000.000 of dol
lars, 011 different terms, for different ob
jeits, and on the credit of different funds.
The Prelident of the United States isin
veiled with the folepower of directing anc
applying theie loan , and could as legallj
have resorted to the agency of another, a:
of the Secret 1.7 of the Treasury. The
law conft'nuting the Secretary's office, die
not invert him with the cl aimed latituh
ofdi/cretion," whith would in every cak
amount to a power of leg illation.
The Secretary was only inverted with J
prefer bed power. It is defined and limi
ted bv t -e President's inlirnctions, which
have n v appeared, to the borrowing ol
money for the sole purpose of dilcharging
the French debt.
But the Secret.:ry, being let in upon the
loaning bufiaef:-, immediately blends the
two lav stogether, and betrays, bv disre
garding the real power.entrurted to him-x
On the very <! .y of receiving this powei
from the Prelident, the Secretary difclofei
hisrefo'ution to hold in contempt both tht
laws and his inductions, in the followins
extract of his letter to the public banker:
in Holland, d'ted July aS, 1-90.—"!
Ihould also with for particular reasons, tba
the business may be regulated o as to give
it the firm of two loans, one for 2,000,0 re
florins, under the firft ast, and the other sot
1.000.c00, under the fVcond- But-neithei
about this inn I fofolicitoiis as to be tvil
ling it Ihould conllitute an cmbarraf
ment.
The little folicitv.de exhibited in this let
ter, flowed from part ,:Jar reajons, 110;
fromthe tninuteft inclination to obey tht
laws and the inrtructions. An inyreffior
of this kind would have delineated itfell ii
the following " In obedience tc
law—to fpei ial appropri: to :; —t > the dil
tinft terms of loaning—and to explicit (ii
rellious this day received from the Pre
fider.t, I am bound to make separate loan'
under the separate laws, but at present m\
powers only go to borrowing tor the pay
ment of the French d^bt-"
The particular reajom which produced
the letter, were the designs which the Se
cretary had formed of exceeding his pow
ers bv d.'j'.ying money to America, as a
pretext for which, he withed that 1,000,00 c
cf fiori:;. fhonld be arranged ' to give u
• {fa form''' 1 of a loan under the law, foi
aiding in this manner a deficiency of t e
finking fund. But knowing that this defi
ciency. the only substantial reason for bor
rowing, did not e:ult, and hav.ing yet de
termined to break down every barrier, ei
ther legal, constitutional, or executive, tc
get at the calli, he is not ''/o felicitous" as
to il the form , 1 * a> that it Ihould be pro
ductive even of an " embarrajfrnent."
The national gratitude finds in this in
rtance a new occalion for commemorating
the virtues of the Prelident. He does nol
empower the Secretary to draw this mo
ney hither, because neceflity did not urge
it, and it was a violation of every princi
ple of oeconomy. But the Secretary da
ringly perpetrates what the Prefidenl
would not fanftion, and relies upon pre
ten. es to befurnilhed by the chaptefol ac
cidents, out of which to compile a defence
The Prelident probably - knew that tht
finking fund had even overflowed from it!
domertic resources, and that it coi tainec
even now a surplus ol above 400,000 dol
lars.
Whilst this fact evinces that the Secre
tary conceals from the Prelident his poli
tical intrigues, it :dfo proves that he is I ;-
ing up a ltock of personal influence, to be
tiled as occasion Ihould require. And thai
no lymptom of respect for the executive
appear . as a set off 'gainst his total disre
gard of the legislature.
Appropriations 0/ money by law, are ol
afaued nature. They are tile conftrtu
tion.il barriers againlt pecuniary abuses,
executive ufnrpations, and military despo
tism. Hallowed as they are in the eyes oi
the Prelident, the brilliant example can
not arreit the fyflem of the Secretary. He
prottrates every barrier provided for the
preservation of liberty, because it is his ob
. jec> to deitroy it.
W The suspending power exercised bj
Charles the ift, was inferior to that con
tended for and exercised by the Secreta
ry. Charles only affiimed the right of ar
resting the execution of a law : the Se
cretary both annihilates and enafls, "ai
eccafion Jhould require
The laws give the power ofdirefting the
loans to the Prelident- He employs the
' Secretary as his agent, withprecije instruc
tions limiti' g his powers. And the Secre
tary, to life his own words, usurps " a
, considerable latitude "of anci
acknowledges no rertraint, except such
"as occasion ftiould require.'''' Wherein is
this usurpation inferior to an unchecked
power of legiflaticn ?
With all the earnestness of one contend
ing in his own canfe, the Secretary enters
if.to a laboured defence or the laws tot
loaning, and yet he impeaches their fnffi
ciency or efficacy, by (fating and infiftii'.o
•>a his own emendations. Hear his lan
guage.—" He appropriated a part of the
(jans to France. 1 His conriuft was influ
enced "by collateral co'ifiderations —
Tho' he varnishes over his intrlifion into
the legislative province, by a flourilh about
piifUlanimity 'and- feeble conduit," hi
mblications do yet abound with legijlotive
language. How can the man love the
1 iws or the constitution, who all rts " that
it is pulillanimous and feeble," to obey
them.?
The Secretary's words and aJtions unite
to exhibit a contempt for the legislature
and the constitution, which can only be e
tjualled by his obvious difrelpeft for the
President. He treats the whole as beings
>f his own creation, and in moulding th. m
into whatever form he pleases, admits no
.'liraint but " occasion" upon "a confi
iirabh latitude of discretion."
In atjembling the apologies for drawing
the great film of money from Holland, it
.5 alledged by the Secretary, that 500,000
lollars ought constantly to be in the b .nk
jr the treasury, to answer sudden and un
forefeen emergencies: whereas one great
irgument for the establishment of a bank,
was, that it would occalionally advance
temporary loans, a> the public neceflities
required. And 60th these arguments are
resorted to by the Secretary, tho' it must
be confe{led, 011 different occasions.
A reliance on a blind faith of Congrefi
in his sCiUP-Cnres. could only have encou
raged the Secretary to resort to such ar
guments. For there is certainly some dif
ficulty in proving, that the borrowing of
100,000 of our own dollars of the bank,,
for the fake of keeping 500,000 beforehand
in the bnnk, corre ponds with his argil
merits in favor of that inftituiion. .
Equally difficult is it to Ihew, that the
t'libjeqiitr t event of an Indian war was his
motive for 1 ving previa,ifly adopted the
bill drawi g bulinefs. A motive which he
conceals f; Mil Congress, when they are
[earthing fund?, with which to defray
the expence of that war.
The Secretary is therefore now evident
ly ccn j■: .ring, concerning his own 1110-
:ives, bin lie overlooks one, which is more
than coujecture : and it is one which will
leither admit of a chronological refuta
tion, or conflict positions laid down upon
mother occasion;
A motive for drawing this money hither,
iv as to favor paper men of every denomi
nation. But, principally, to be prepared
.0 keep up the price of certificates, thro'
the medium of the finking fund, and to ad
l)iniiter seasonable aids to the tottering
;r dit of the bank. Himfelf and his fa
llite-i have seriously argued, that it was
jeneficral to do this at the public expence.
Left the holders fliould fell to foreigners
i 'low par, the public, fay they, should pay
''1 e dijference. Landed men, are you wil
ing to be taxed for this purpose, unless
tompeiifation is made by devoting a por
tion of the public money, equal to what is
,ifed in keeping up the price of certificates,
to the more beneficial object of keeping up
the price of your wheat?
To escape that compilation of perplex
ity, prepared by the Secretary to entrap
the unwarv, and for the fake of perfpicu
ty I will subjoin a catalogue of some few
:>f his political fins, leaving the public to
.heir own commentaries.
1. The Secretary was inclined to mo
narchy in the general Convention, and in
tead of facrificing his principles at the
hrine of the Constitution, is endeavouring
:o difieminate them, by administering gild
ed pills to influential charaffers.
2. Hefofters exorbi nt wealth, topro
i ide an ariltocracy as the harbinger of mo
narchy.
3 He a flumes the reputation of a great
inancier, uliiHt he i, secretly man p,i.;s
tjublic monies, for the purpose of eftablifli
ng undue influence.
4. He hath deceived the President froir
lis j'alfe representations, into a public en
jomiiini on the slate ot the finances, and ;
rupciition to commence the reduction, ol
iie debt, whillf that debt is accumulating—
■.vhilft he is feiretly using borrowed mo
lies to pay its interest—and altho' he ha
ven proposed to borrow 800,000 dollars of
the bank, tor the service ot the current
5. He recommends with ardour to the
egiflature, the itrict inviolability of the
inking fund, whilst its fanftions are nc
•eftraint upon himfelf.
6. He uses this fund for the purpose ol
enhancing the price of certificates at th
public expence. out of favoritifm to specu
lators, whilst the people are deluded with
an idea, that it was designed to fink tiic
debt.
7. He has only permitted 957,776 dols.
I ( cents of this fund out of 1,374 656 dol
lars 40 cents, appropriated in 1790, to be
applied in two years, leaving a large sum
constantly in deposit for the purposes of
influence, and because the invelfiture ol
the whole money would have defeated his
object of effecting a permanent operation
in favor of speculators at the public ex
pence.
8. He has during the fame period drawn
hither f foin Holland 2,304,769 doK 13
cents by bills, and 1,8.53,189 florins paid for
the interest of the foreign debt contrary to
law (this i.itereft being payable out of our
domejtic £unds) under the,pretence ot it;
inj}rilm(ntality in aid of the linking hind,
altho* this fund is unexliaufted.
9. He is reduced to the ni ferable fhift
of letting off againtt the excels of this fun:
beyond the legal allowance to borrow.
Ihould occafioii require, two portions oi
clie French debt; pretending that it vva:
mcefary to draw money hither from Hol
land, i.i order to fend it back to Francc
a .id St. Domingo.
10. He hull drawn hither this money
njt only without the authority, but again],
the directions of the President.
11. He concealed from the legiflatun
his having done so, in violation ot an ex
press order ; exciting by thi* flagranl
breach of the conltitution, of ilie laws, ant
as his official duty, the molt alarming fuf
jicions.
12. He has deiignedly blended two law:
For borrow ing 0.1 different terms, to give
aim a greater scope in the mifapplicatioi
jf public monies.
13. Hc borrows of the bank, at an in
:ereft, monies which h? knew to belong t;
:he public, and for which the public wert
aaying latere ft in Holland.
14. He disobeys laws and disregards ap
propriations, claiming and exercifinga dif
retionary power, equivalent not only ti
egiflation, but subversive of the conftitu
:ion.
15. He'.afults theexeiutive by the mof
arompt disobedience.
16. He adventures, when afettlement o:
ii . accounts is moved for, outrageoiillyl'
nfringe the privilrges ot the house of re
arefent itives, and evinces the efficacy o:
lis measures by escaping with impunity.
17. And he crowns the whole by exhi
biting volumes of argument to the public,
nftead of figures, and thus wafting the fel"-
ion, lb as to defeat an enquiry designed tc
nformthe public mind,'upon the 1110 ft im
portant public fubieft-
Judge, citizens, whether the meafurt
of this man's poiitical iinlulnefs, is 1101
full.
It is a maxim, that 110 constitution ca:
:>e long preserved, unjefs incroachnient:
jpon its principles are nipped in the bud
What then is our danger, when Uiey arc
full blown ?
If Liberty is worth preserving, ever)
:lafs of citizens (the paper men excepted
aught to befummoned to unite linniy a. (
teadily for its preferv ti ''i. The agri
:ultural and labouring cI a ties, who alont
"upply the Ijxuries of exorbitant wealth
and are cheated by paper tricks, are devo
ted to burthens daily accumulating. Aru
-veil t-e fpecul'ators thrmfe'ves niuft joii
in a rt form, or be content with the misera
ble alternative of becoming tyrants 01
(laves.
FRANKLIN.
Feb. 27.
.uMBBHSV* f v . - '-*■«»« - - -
PHILADELPHIA.
Marck 2.
William Smith F.fq. is re-ele&ed a Re
presentative in Congress, for diitritt ol
Charlelton, S. C. TheoJorus 13aiiey.
Peter Van Gaatbeck, James Gordon.
Fzekiel Gilbert. Henry Gle. J. E. Vgr
Allen, and William Cooper. Esquires, ar<
chosen Heprefentatives 111 C.o o i\ Is for the
(late of New-York, who, in addition tc
the three former gentlemen nientionec
in our last papers, complete the Represen
tation from that state
Late letters from London mention tlie
death of Mr. Riiimey. in that capital. He
was a native of Mary land,-and well knowi:
both he: e and in Furope for his ingenious
mechanical inventions.
Hy veilLl from Cadiz, we learn the
Spaniards were fitting out a large fleet '111
January ; deltiiu tion unknown.
By account- from England, tile manning
of their new ly commissioned iiiips of war
<>oes >'i very heavily. For the tirft four
teen days in Jamiary the returns to the
admiralty amounted only to 750, a ttrong
proof that the brave tars no lpuger conlid
er themselves in the light of bull dog;
wliofe only life and end 11 to kill or be kil
led by Frenchmen.
Extract of a letter from a Gentleman in
this city to his friend in Virginia.
" The monarchical farce of the birth day
was as usual, kept up, but with this dif
ference, that great exertions were made to
render it important, andt,o impress a belief
that the republican dodrines which bad
been advanced were unfavorablyreceived ;
Like the collection of all the powers ot
nature, immediately befoie death, they in
dicated the conflict of expiring diftin£tion ;
Whatever may be the efforts of the mo
nocratic and aristocratic junto, truth, like
the morning fun breaking thro' the vapour;
exhaled by the r.ight.will chafe away everj
cloud which they have raised to overfha
dowit—To make the people of America
believe that the diftincfions and customs c,i
monarchy are necefiiiry to this country, ii
would be a firtt requilite that they fhouli
be untaught; for ignorance, combines
with corruption, always precedes the- ds •'
clenfion of republicanism—Hitherto they
have pafled over the absurdities- of levees
& every J pedes of royal pomp and parade,
because tliey \\ ere aflbdated with the man
of their affections, and perhaps, in hope*-
that they might serve as a new rattle,
which would amuse during its novelty, and
be thrown alide, when it was worn off;
but their own interell has at length con
quered the delicacy of their attachment,
and they begin to express their abhorrence
of the gewgaws of a court with the nian
linefs of freemen, who are resolved not to
erect a funeral pile for their liberties —tor-
rents of inventive and abuse have been
poured upon the authors of certain publi
cations which commented with proper
freedom upon the whole tiliiie of royal
tionfenfe.butina bad cause calumny gener
ally takes place of reason and argument,
md the asperity of aristocracy has given a
keener edge to thedoftrines of republican
fin —However profane the opinion twelve
months ago, that no man in our republic
tiould be above the criticism of the'prefs,
;he criminality of it at present is less hide
jus, and the man who maintains it begins
;o be thought orthodox—no truth can be
setter established than that of revelation,
ind yet christianity fuffercd the extremeft
lerfecution on its firlt introduction : thus
tis with every new truth thatJtrikesat the
-oot of popular prejudices, and thus it is.
with the republican truths which have late
ly been declared from the press—A hue
md cry has been rai fed again ft them, the
cruelty and injustice of them have been
painted in all the colours ot a poetic
imagination ; the President has been
pictured as spotless and infallible, as
having no likes or dislikes ; the glory
and atchievement of the late revolution
have been entirely imputed to him, and
were he virtue's felf, the strains of panegy
ric could not have been louder, in order to
compleat the (hame and disgrace of repub
lican dogmas —Great is the danger when
anti-republican culloms are sanctioned by
high authority; and (till g eater is the
Janger, when, to question the infallibility
of man is considered as criminal ; but, Sir,
freemen are to be deluded by such artifices,
no longer ; they are disposed to judge by
the unerring standard of right, and no lon
ger by the erring standard of affection. To
prove to you how great were the exer
tions, and how great the adulation, birth
day odes were circulated by the mana
gers of the Dancing Aflembly (who ap
peared as news boys upon the occa
lion) among the citizens, who had as
sembled to ftuifflle to the Prefident'i
honor —Ths od; contained the mod ful
fome flattery, and mull have been dif
•;iifting to every man of sense ; and as it
jppear'd to be the production of hard la
bour and costive brains, it was conjectured
that the managers had employed some
grubb itreet rhymer to fafhion it for them;
for . to do them justice, they were not
charged with even the management of the
muses. To add to the partial folly of the
xhibition, a foreigner ran about the af
fc-mbly room with his bundle of odes,
i rying out they will have a good effect,
they-will have a good effed \ as if the talk
of becoming the aristocratic Atlas, in this
country, had fallen upon his delicate Ihoul
(!ers —When the Noblejfe were obliged to
.etreat to such means, am I not licensed in
faying that great as well as little exertions
were made to blight the opening buds of
truth ? The Prelident did not attend the
ball, and the reason afligned for it was the
lolsof a favourite nephew ; but I am in
clined to believe that his real motives
were more prudential, and more to his
iionor—That some men who are inimical
to the equality of this country are \y idling,
to influence, can scarcely be questioned ;
and that they are the real enemies to him,
and notthofe who have spoken with the
candour of freemen, is a truth as well
established in my mind as the existence of
a deity—The time will come, unless a.
change (hould take place in measures, that
will give verification t-o this opinion, and
that will, perhaps, enforce a melancholy
conviction that a set of vipers have been
cherilhed, who, animated by a too indul
gent warmth, have struck their poison •
ous fangs into the placid bosom of peace
and virtue."
The Barracks in Perth Amboy,
Late the property of Major Richard Lloyd,
Deccajed,
WILL be rxpofed to public Tale on Monday
the firft day of April next at the house of*
John Thompson in Perth Amboy aforefaid ; f a ij
barracks are an elegant large brick building,
containing about 30 rocms, the middle house cf
*hich is three stories high—They are finely fitu
;ted commanding a beautiful profpedt of the
rown and furrour.ding waters —the lot on which
they stand, contains about one acre and an half in
which are two wells of excellent water—At the
fame time and place will be fold a water lei
and dock Jot lying in Perth Amboy aforefaid—-
for all which good titles (bv virtue of an order
of the Orphan court of the county of Middlesex)
will be given by
WILLTAM LLOYD.
NA'J HANIELKtR.
j^LtniriJlrators,
A Hen town ; Monnvoutli county, i ct. 25, |79' *
4J