Oracle post — Portsmouth, N.H., 1805-01-15 00:00:00, page 1

THE Portsmouth ORACLE
' b published every Saturday morning for thetoWh
and vicinity, and
THE ORACLE POST
eyery Tuesday morning for the Country by
William tod Daniel Treadwell,
& their Book and Stationary shop, opposite the
tourt House, Portsmouth Newharnftshire ——
Terms 150 cents p^r annum, 50 Cents paid in ad
vance—Factually forwarded to all parts of this
Estate, and the District of Maine.
} ^ffirt^
adjust rec " r fINDIA GOO.DI
tire .cry cheaft, viz.
"""“INDIA ? of all prices, feme for
only 11% piece.
Yard wide INDIA CHINTZ 14 yards long,
fr 196.
INDIA CHECKS.
<Black and color'd PERSIANS.
Rockingham, merchant, deceased, not
' heretofore arminiftered ^quefts all per
sons that have claims on laid Estate to
exhibit them as toon as may be, and all
persons indebted, to make immediate
payment, that a speedy settlement of laid
estate may be made.
SAMUEL FERNALD.
Porrfmwih, Dec. 8.
of January next, at the late dwelling
houle of laid deceased ; and^thofe who
>are indebted are requested to fettle on
fuel days, or be called upon to fettle
from a different quarter.
D WID WG&EGORE, Aclm'r.
Londonderry, Dec. ip, 1804.
Joseph Chattle,
'^efyeafull, informs his friends mlhe coun
try and the public that he has taken the
fore No. 8, Mg-&nt's row, where
he i^#ds keeping a confantfepply of
Weft-India Goods and Groceries which
will be fold cheap for ca(h or country
produce.
Ponfmouth, Dec. 21,1804.
„1 TO LET,
The new brick Store, No. U, Merch
iant's Row—for terms apply to
IJOSHUA1 JOSHUA HAVEN,
a^o^r tohich are
SUPERFINE BroadClotbs;
Double mill'd black and' drab color'd Cassi
-1 mer-s of the very best quality ; Drab Cord.
a ^reat variety of
Skd velvet and other Waistcoating; Black strip
ed Velvets, at 456 per yard; Dumls ; Coatings,
from ss. to 1656 per yard.
a great variety of
Chintzes, from IS4 to 3s per yard.
a large assortment of
Black, white and colored Cambric Muslins, very
Gheap ; 6-4jaconet Muslins at 2s6per yard ; Italian
and Florence Silks ; India Lustrings and Satins ;
Double Sarsnets ; black patent laces at a reduced
pri'e. ^.great variety of
Mock, Sable, Gennet, and other SKINS,
dressed suitable for Muffs and Tippets ; a few lew
priced MUFFS, &c. Dec. 1.
The fdbfciilxr hereby notifiesthe pub
lie that he Ivas taken upon him the trust
'of adminiOrator, to the estate of
Best twill'd BANDANNULS, of a superior qual
ity.
Large TABLE CLOTHS from 12s. to i. 656.
NAPKINS for 1% bpz.
Elegant Indinplain, and sprig'd lace MUSLINS
late of Londonderry, ir> rhe county of
Rockingham, trader, deceased, and has
given b.o2ds as tire law directs.
This is to notify all pctfons, who have
demands agandl laideftate to exhibit the
fame on the tidrd ami fourth Mondays
late of Pordmouth, in the county of
THE fubferiber having been appoint
ed administrator on the estate of
SAMUEL GRIFFITH,
Vol. XVL]
ALEXANDER MGREGORE,
Daniel Weeks,
No. 2, Market-street,
Has received an additional supply of
C7 * r z Goods.
Seasonable Goods,
More New Goods,
CUE AP.
New Store.
NO TICE.
GF ALL THE DISPOSITIONS AND HABITS WHICH LEAD TO POLITICAL PROSPERITY, RELIGION AMD MORALITY ARE INDI PENSABLE SUPPORTS. WVHINGtQN.
Gt^ a /iiT T1 nhrtm
suitable for the present and approaching season
among which are
Superfine Broad Cloth.,, Brack Bombazettes,
of a superior <,uiliry ; do Rnffells,
Plain and striped Caffimerca;, Mfeinetesand SWoons,
, faftionable #&a Coras, Plain and ftrip'd Wiicor,,
Vigonia check Veiling, Durants and Ca?ar%akcot#
Striped silk velvets aiftcoat- Superfine Molskin^
ing, Gentlemens' black and
Silk shag for Bonnets, white silk Hose,
Fancy silk Shawls, do. with Lace Clocks,
Elegant 64 do. Super foe furniture Chintzes
Black Veiling, Common do do
Plaid Chambray Muslins, Plain and ftrip'd Velvet,
Elegant laced Cambrics, and Velvettecns,
do, Colonade Muffins, Totlnetts and Swanfdowns,
Tambor'd, do Ma^rafs and Gilla Hand
4.4 & 6-4 book Jaconet, kerchiefs,
and Cambric Mullins, Yellow Bandacnoes,
■4 4& 6 4 color'd Sarfnet Plain, figur'd and plac'd
Cambrics, Luteftring Ribbons,
Chambray Fancies, of the Italian sewing Silks,
newest taste, 449 8 and 5 4 Cammells
Plaid, darlt mourning, and hair Shawls, all colors
common Callicocs, Long white Kid Gloves, .
Ladies' Englilh rose color'd Ladies' color'd 1 Cotton Hose
silk Hose with lace Clocks, Gentlemen's black, white
White Laces and Edgings, and Date silk Gloves,
black. do do do Lambs wool, do
Fancy silk Girdles, Black and blue Gennett, &
English wht. silk Gloves, mock Sable Muff's and
do. black, Tippets — Fox, do
do flare color, . Fearnaugbts,
French black, white and. Coatings,
slate color'd, do Orleans Stripes,
Cotton, do Baizes and Flannels,
Dimities, Mixed Plains,
Fancy Kid and Morocco Blue
SHOES, low pric'd Broad Clot,sh
Donftable Bonnets, Serges,m
Black silk Velvet, 6, ~ 8. 9, 10 and irquar
44 and 6 4 bUck Jaconet, ter Rose Blacketts,
I and Cambric Mufi ns. Irilh Linens,
Black and white Parifnet India Cottons,
Ganzes, Diapers,
Black Satti,s, Oil Cloths,
do. Modes, White Buckram,
do. Crapes, yd. wide, 4 Canvass for Samplers,
Black Sinchawg, and Lute one case of Gentlemens'
Brings, Hatts, of a superior qual-
Changeable and plumb ity
color'd, do, Cotton Umbrellas,
Color'd &P«rfans, S.nal lor+sg GI ; fils, &c
jjAS received by the late arrivals from England
A very extensive and complete assortment of prime
To Let,
THE Easterly half of a large convenient new
STORE and Water Privilege, on the northerly side
of Bro-street —Apply to I. RINDGE.
Fashionable, Fancy and
Staple Goods.
which are now opening for Sale by
WHOLESALE and RETAIL.
New Cash Store.
Lemuel Draper,
Respectfully informs the Public that he has taken
the new Brick Store No. 2, Market-street, where
he is now opening and oilers For Sale, a very ex
tensive assortment of the most
Fashionable, Fancy and Staple
Piece Goods ;
+s^^s&f&ss+^s4
+ A Bargain offered. 4
4 A Person owning two Lots of very good 4,
LAND in the count, of Strafford, in this&
TState, wishes to dispose of them for a House toT
i,hc erected in Portsmouth the ensuing spring
-1 if necessary some cash will be advanced on the a
'building. Apply to the Printers.,
*€¥'^^&^ fs+&&ifr4
^Th^ Heirs of Capt. Solomon Rose,
who used to follow the trade between
Boston and Demerary, having left an
account to the underwritten, to collect
for them, are informed that the sum of
two hundred and fifty five guilders and
fifteen ftivers is collected, and will be
[raid to the Heirs of the said Solomon
Rose, on demand, by
N. ROUSSELET,
Attorney at law.
Demerary, Stabrook 39th Od. 1804.
Who has on hand
Rum, Brandy, Hollands Gin, American
do. Pollock Fi(h, Iron Ware,
And a general riTortment of
W. I. Goods & Groceries.
The above, together, with a great variety of
other articles, generally called for in an English
Goods Store, will be sold at prices, which cannot
fail pleasing those Ladies' and Gentlemen of town
and country that may please to call.
LOGWOOD.
For tak, a quantity of excellent
Campeachy Logwood,
apply to
New Goods.
B. Brierley
Job Harris,
TUESDAY, JANUARY 15, 1805.
On the eleventh day of September,
1789, was approved an adt, establishing
the salaries of certain executive officers.
Their compensations have constantly
been the fame, except a final! alteration
in those if certain officers in the treasury
department, and in that of the attorney
general, till an a<ft of March 2, 1799.
It was unlimited as to the time of its con
tinuance, and part of a general system.
Has this law been repealed ? On the se
cond of March, +799 was approved an
aift, in which provision was made that
certain officers of government should re
ceive higher compensation for fervicesin
ftead of those before established, for the
term of three years. The salary of the
Secretary was raised frqm 3500 to 5000
dollars, and that of the Attorney General
from 2400 to 3000, and others in a sim
ilar ratio. But in this aft there was no
clause, repealing the law of September,
1780, or in any way affecting it, except
for the term of time, we have mentioned,
Now it is an undeniable principal, that
when one law, whose exigence is to con
tinue but for a certain time alters another
which was general and unlimited, as soon
as the former expires, the latter is again
in force. Nay, it has been held, that
when a law has repealed a preceeding one,
a repo) n this latter is a revival of the
I the former, without any provision for
that purpose. It is clear then that the
law of 1789 was in force after the expir
ation of the aft 1799, which was on the
thirty firft of December 1801, and con
sequently the salaries of the executive of
ficers were, after December 31, 1801,
neither more or less, than those, granted
by the aft of 1789. The Secretary of
jthe treasury could again only receive from
I the gift of December, 1801 as a year's
salary 3500 dolls, and the Attorney Gen
eral 2400 until the compensation should
be increased by some succeeding ad of
Congress. On the 14th of April 18 02,
such an ad was approved by Mr. Jeffer
fon. The salary of the Secretary of the
Treasury, is again 5000, and that of the
Attorney General 3000 dolls. If then 5000
is more than 3500 and 3000 more than
2400, it is demonstrably true, that our
felfdenying patriots have raised the sala
ries, which they themselves formerly voted
against as being unnecessarily high, and
waste of public money.
Their patriotism will still be more clear
ly displayed by comparing the circum
stances for an increase of compensation
by the Federalists in 1799, with those for
an augumentation of salary by the Demo
crats in 1802.
THE next fubjedt of attention is ah
aft of Congress, passed about the last of
Much, 1802, increasing the falarics of
ctr^:n execute officers. This togeth
efinh the sale of the bank stock of the
Lifted States is a fine comment on the
fi cerity cf the present administration in
^% protetfions ofl^ze for eGacr>m¥s*nd
'jrir' r ^ °' the people in th, difpofM
In 1799 we were at war with France.
In 1802, the President informed, we were
in peace with allnations. At the former
time every article of living was at the
highest price ; at the latter they were
proportionably cheap. When the Fed
eralists adminiftred the government, it
was an unpardonable fin, it was hafting to
the crisis of national bankruptcy, to raise
salaries, though the great expence of liv
ing required it. To raise them, when
the meansof fubfiftance were much cheap:
er, was right, was meritorious, was rai
ling the nation to the very pinacle of
wealth, for the only reafoft however,
which can be invented, because they
themselves were to receive them. In
deed so forgetful have the democrats been
of their former sessions of economy, but
they have made exertions since 1802 to
increase salaries, enjoyed by themselves,
JEFFERSONa ADMINISTRATION.
No. XIV.
REVIEW OF
From the centinkl.
beyond what federalifm ever stemmed.
—The sale of the bank stock has been
investigated in Congress, and the result
is evidence of what might have been, ex
peded, that a great Sacrifice of the prop
erty of the United Stans h^ been made.
The observations and calculations thew
ingthe ignorance and corruption of the
tranfictions, of Mr GaiMio, were made
by Mr. Bayard. We (had not hesitate
to use theih, as being the molt complete
examination .of th; fubje& thr the oub
lic cm receive.
Two que;%or,s present themselves ; frit
whether the commissioners of the finking
fund had any legal right to fell the bank
(hares at all. Secondly, whether it is tit
and expedient to fell them at the time,
and on the terms they did i
It is admitted that they were empow
ered by an ad of 1796, under which also
they pretend to juftify the present tran
fadion, to fell, if they should find the
fame to be most advantageous, inch and
so many of the fhayes of the dock of the
bank of the United States as they might
think proper, and to apply the proceeds
to the payment of the national debt, due
or to become due during the coorfe of
that year, to the bank of the United
States, or the bank of New-York, but
it is contended that this authority was
nor permanent, but ceased withoccafion.
In 1791, 5,363,641 dollars ofthe debt
of the United States became due. The
principal part of this debt was awing the
bank of the United States, the payment
which was required To ddeharge this
debt the ad of Congress provided three
ways .• First, by an orbtary loan ; feco .1-
ly by the sale of fix per cent stock below
par ; thirdly, by the tale of the bank.
In neither former ways could it be pad
the latter therefore was the oolv one, by
which it could be difeharged at that time
Tt was never however, I^ design. of C^-
gretsto make he bank dock a principal
and dired fund for the payment of this
debt could it have Qeen liquidated inany
other way. It was composed of several
loans, authorized by several ads; in each
of whkh a special fund had been provid
ed to answer the debt to be contraded.
This fund was the surplus of duties on
imports and tonnage. The surplus of
the ordinary revenue was made by law
the immediate, and in itielf, was the nat
ural fund to meet the debts, which con
stituted the 5,-63,6,1 dollars. While
therefore such furplufles existed, it was
clearly not the intention of the ad of
1796 to fuffer fix per cent flocks to be
fold underpay or to allow any of the ac
tive and produdive funds of the United
States to be disposed of. The power to
fell the fix per cent and the banl< stock
was evidently predicated upon the fai
lure of the original funds, provided in
consequence of the ordinary revenue being
absorbed by prior incumbrances. ln +
case of the sale of the bank stock by the
commissioners, the ordinary funds were
not appropriated. Both Gallatin andthe
President inform, that there was a surplus
of money beyond expenditures in the
treasury, during the lame year, of 4,300
000 dollars, it may then be advanced
that this act of Mr. Gallatin and others
in felling the bank stock, while there, was
an unappropriated farplus in, the treasury
more, than competent to answer the pur
poses, for which it was fold, was not
(imply an abufe,buta most unwarrantably
aflumption of power.
It cannot be doubted, that if this un
appropriated surplus had excited at the
date of the ad of 179% that the power,
created by that law to led the stock, would
not have been delegated. The creation
of the power was a measure of necessity,
and its existence depended on the con
tinuance of the fame neceflity. The
bank stock was not a dired and immedi
ate fund ; it was (imply auxiliary, and
therefore contingent. The laws under
which the debts were constructed, and
the funds provided for their payment
considered collectively plainly (peak
this language to the commissioners of the
[ No - r 7-