Republican ledger, and Portsmouth price current — Portsmouth, N.H., 1803-08-16 00:00:00, page 1

from the National Intelligencer,
No. IV.
4 Refutation of the Charges against the prefect
Admimflration, that their views and
meafores are hostile to the -
Eafarn States.
NEW-ENGLAND seek d peculiar sn
'tereltao the prefervationcf PUBLIC credit.
To her honor be it spoken. Public, equally
with private credit, is an inestimable jewel!
to its pofleffor. It is no less the interest of
governments than of individuals to be just to
all men. The obligations of justice are in
deed, if p^ible, more sacred in their appli
cation to the former than the latter ;hqm
the more extended injuries of a violation in
the one case than in the other. Betides; an
honest government, which force can compel
to do nothing, will fed its honor interested
in complying pnnCtilioufly with all its en
gagements. The power to do wrong with
impunity will not impair the disposition to
do right.
From the corre&nefs of tbefe general
principles, it is honorable in New-England
to have embraced them and aided in carrying
them into effect Beside the influence of
those principles in the New-England states,
others of great importance have been Taper
added. Os the the public debt, which grew
out of the late war; the New-England States
poffefted more than their fttare, arising, in a
great measure, from their commercial charac
ter : while the southern states held a part
much below their proportion. Strong con
siderations of interest w,e therefore added
to the obligations of justice, to render public
credit sacred in the Eastern states. It is not
therefore, surprising that under the united
• influence of justice and interest, those states
have always fttenuoufly urged a punctilious
compliance with public engagements. ,
Os, the other hand, while the obligations
iutlice were equally binding upon all parts
of the unibn, just in proportion to the fupe
" insert <>t New-England that the revo
lutionary debts Should be paid, was it the
interest of the southern states to evade the
—”<^<^<
FOREIGN BILLS.
Bills on London : 30 days, : (For Cafo) lal| per cent. adv.
do. do. : : : 60 days, ; : do. : i do. do.
do. do. : ; ; go days, : : do. : par
Bills on Hamburg, payable in London, at 60 days, : : par
do. on Amsterdam, payable in do. 60 days, : : par
Current prices of fer from to
D. C. D. C
ASHES, Pot, if for6 T. 153 33 0 0
, Pearl 7 153 33 0 0
Allum, C. 7 0 750
Anchors, so oil 12 c
Bread, Ship C. 4 0 6 0
Butter It ) 012 014
• /Mess B. 14 50 )5 0
) Cargo No, 1, —l3 0 14 0
No. 2, —i% 0 12 50
eq (Reftife —7 5 0 8 0
Beans, white bn. 1 0 1 to
Brandy, Spanish 4thpr. G. 145 150
', Naples 4/A,r. — 125 133
Barley bn. 092 095
Brimstone, C. 4 0 45°
Brirnftone, Roll C. 450 5 0
Corn, Indian -- 083 000
Rye .- 083 087
Cassia lb 00 0 60
Cloves — 133 1 42
Coffee — 026 0 28
Cheese, American — 0 7 0 11
Cotton,foreign/carr, -- 033 . 0 4°
, American -- 0 0 025
Cordage, American C, 9 0 15 u
, Foreign, -- J 2 0 12 50
Chocolate, common ffi 020 0 c
, bed N0.2&1 -0 28 0 33
Candles, mould -- 017 0 0
Coals, foreign^#, Ch. 12 0 13 0
, Americans -- 17 0 0 0
Copperas, C. 350 4 0
Cloth, Tow yd. 0 16 0 17
NUMBER 51. VOL. IV.]
PORTSMOUTH PRICE CURRENT.
^^^G^H^ BY s. NUTTING, PRIN T£ R OF THE LAWS OF THE UNITED STATES.
CT^ ton wan t^efe verts relate fpe^ of tbein as tie! are : jaetbfng extenuate, nor set boton oeffifn*^
Republican Ledger,
' AND
I Current prices of per from to
D. C. D. C.
Duck, Russia, iflqual. Bt. 20 0 22 0
Duck, Ravens — 10 50 11 50
Flaxseed, rough bu. 1 0 0 0
Fish, Merchant, C. 450 5 0
,W. India mark. -- 350 375
Scale -- 275 3 0
Salmon none B. 10 0 0 0
Mackerel -- 8 0 850
Flour, super. frefh -- 8 0 850
, fine —7 0 750
, middlings — 60 0 0
, country C. 350 355
Fuftick T. 35 0 0 0
. L Bristol cr.loby 8, bx. 15 0 0 0
^) 9 b Y7> — >3 0 13 5°
Bby6, -- to 50 11 0
g/ Hamburg ioby 8, -- 11 0 11 50
7by9, -- 11 0 1150
Gun Powder ffi 040 042
Geneva, Holland 1/7,rG. 125 133
, American -= 080 0 0
Hoops, hhd. 12 ft. M. 20 0 0 0
Hogs Lard ffi 012 0 14
Iron, Philadelphia 1.115 ° "° °
, Russia — 115 0 120 0
, Swedes -- 115 0 120 0
Logwood T. 40 0 45 0
Lead, white, gr. in oil C. 18 0 0 0
.dry -- 16 # O 17 0
, red --II 50 12 0
, ffieet — 13 50 0 14
Lumber, boards clear M. 16 0 20 0
, , merch. -- 9 0 10 0
payment, as they could not fail to lose by it
as much as the eastern states gained.
If then it was honorable in New-England,
under the united influence of justice and in
terest, to be the friend of public credit, how
much more honorable was it in the Southern
States, whose immediate interest was direct
ly^ppofed to theirs, also to be its advocate r
No consideration, but a regard for the union,
a sacred relpeft for justice; a superiority to
local confederation, could have made them so.
But the friendship of the leading southern
characters, add of those who administer the
government, to public credit is perpetually
Iqueflioned, and it is affirmed that 'hey would,
if attainable, fpunge the whole debt.
If there be honesty in the human heart,
this is the grofleft libel on them. Hear their
own declarations.
Mr. Jefferfon in his inaugural speech ex
pressly declares " the honest payment of out
debts, and sacred preservation of the public
faith to be among the essential principles of
our government, those which ought to Shape
its administration."
Further—The appointment of Mr. Galla
tin to superintend the financial department,
whatever the slander of faction has propagat
ed to the contrary, is an unequivocal evidence
of his sincere friend(hip to public credit and
the faithful payment of the national debt.
The early Sentiments or Mii Outturn on
this point are indisputable. Fortunately their
proof rests upon declarations too explicit and
precious for ingenuity to distort. In a
work published under his name in the year
1796, he fays:
" Whatever difference of opinion may
heretofore have existed on the propriety ot
paying those who had purthafed the debt so
much under its value it now exists no more,
' it has ceased with the cause ; for all the
present owners have, or may be supposed to
1 have purchased the debt at the market price,
which, lines it had been funded, has been ob
; tained for it. The solemn obligations, fuper
' added by the prelent government to those con
tracted before, never can be set aside without
the most flagrant and pernicious breach of
[public faith and national morality."
©bokfale prices current, at portfmoutb, SeWpampWire,
CAREFULLY REVISED AND CORRECTED, ON SATURDAYS.
—s<g«^ < Co^^^^’+''"'"'' '
Gourfe of Grcbange, at Lofton, 3uty 27,
m<&> z^ &^ 3±& .
TUESDAY, AUGUST 16, 1803.
INLAND *BILLS..
Bills on Baltimore, 30 days fight, (For Cash) |at per cent dis.
do. Philadelphia, • : : do. : i^al do. do.
do. New-York, — : : do. ^ 1 do. do.
do. Philadelphia, orfco davs, : do. 1 4 2 do.
N. B. Bills at shorter fightfyroportionably higher......",'•
Further —Mr. Madison, a southern man,
a Virginian, appointed Secretary of State by
Mr. Jefferfon, and known always to have
been among his most confidential advifen,
has placed on record the sentiments he en
tertained on this fubjed at a very early peri
od. In the year 1783, an address was pre
sented by Cobgrels to the several states,
calling upon them to make provision for the
national exigencies. This address was ton
up by a committee confiding ofMr. Madilon,
Mr. Hamilton, and Mr. Fitzfimons.
After Rating the plan propoled to the
states, it proceeds : , 1„
“ The plan, thus communicated and ex
plained by Congress, must ? ow rec , e lts
fate from their constituents. All the ob
jects comprised in it are conceived to be
of great importance to the happmefs of
this confederated republic ; are necelktf to
render the fruits of the revolution, a full
reward for the blood, the toils, the cares,
and the calamities which have purchased it.
But the objed of which the necessity will be
peculiarly felt, and which it , peculiarly
the duty of Congress to inculcate, is the
provision recommended for the national debt.
Although this debt is greater than cou d
have been wiihed, it is dill less on the whole
than could have been expected ; and when
referred to the cause in which it has been
teurred. and compared with the burdens
which wars of ambition and ot vain glory
have entailed on other hations, ought to be
borne not only with cheerfulnefs. but with
pridl. But the magnitude of the debt
no part of the question. It is ,,' en !
the debt has been fairly contracted, and tha
justice and good faith demand that it Should
be fully difeharged. Congress bad no option
but between different modesof discharging
The fame option is the only one that can
exist with the states. The mode which
has, after long and elaborate difc^on,
been preferred, is we are persuaded, the
lead objectionable of any that would have
been equal to the piirpofe. Under this per
luafion, we call upon the justice and plight
ed faith of the several states to give it
its proper effed, to reflect on the cople-
Current prices oj per from to
* D. €. P. C.
Singles — 1 5° 250
Lemons frejb bx. 9 ° 10 5°
Lime, hhd. ) , 2 5° 0 0
Leather, Soal, dried; so 022 023
Molasses G. 046 048
Nutmegs lb 45° 5 °
Nail Rods feared C. 7 0
f 4 dl , M. 033 0 0
|6d} c "' - 066 ° °
! 6d, wrought —1 0 I 6
< } rod, do. iufpeaed— 150 162
Z I 2 od, do. do. - 225 233
(Sheathihg, cut C. 0 0 11 0
f Liver Jcarce B. II 0 12 0
OlLinfeed G. 0 0 ' 42
Pepper Ib 028 ° :
^ ( Bone Middlings, 20 0 22
No.X ^ ° °
N 0.2 0 0 17 °
Peas b ^ 1 ^ Ho
Pimento lb 020 0
Pitch, B. 433 °
Paper, Sheathing C. 375 , 4 A
Redwood 55 0 60 0
Raifins/r^ Cafl c 8 0 9 °
Rum, Jamaica G. 1 0 1 5
. Windward 3d pr.-- 90 0 1 0
Rice force ? 6 ° ''
Rosin ^ 45° °°
Soap, white lb ° % ° 6
, brown -- ° lO - 016
, caftile — 017 020
Sugar, Havannah C. 17 0 0 c
, East-India --' 12 0 12 ^
[I DOL. 50 CTS. PER ANNUM.
Iquences of rejecting it, and 10 remember
, that Congress will not be answerable for
■ them. b
“ If other moti%s than that of justice
. could be requisite, on this occasion, no ni
. tion could ever feel Stronger ; sot to whom.
. are the debts to be paid?
"To An ALLY, in the firfl place, who to
;the execution of his arms in support of bur
) cause, has added the fuccours of his treat-.
ure; who to his important loans has added
' liberal donations ; and whole logos them
. selves carry the impression of his magnani
mity and friendship. For more exa€tin
. formation on this point we refer 10 paper
; No. 5.
"To individuals in aforeign country,in the
: next place, who were the firft to give so
f precious a token of their confidence in our
>juftice, and of their friendship for our cause,
I and who arc members of a republic which.
, Was second in espousing our rank among
nations. Fok the claims and expectations of
: this elafs of Creditors, we refer to paper
,N 0.6. V .
, "Another elafe of creditors is, that illuftri
ioils and patriotic band of fellow citizens, w hose
I blood and whose bravery have defended the
. liberties of their country, who have patiently
iborne, among other didreffes, the privation
)of theii flipends, whilst the distresses of their
; country disabled it from ^flowing them ;
, and who, even now, ask no more than fech
: a portion of their dues as will enable them
ito letire from the field of via6\y and glory,
;into the bosom of peace and private citk
1 Zenner, n -^ tyfoch effectual feminity so,
t the residue of their claims, — t h e j r Country
I is now unquestionably able to provide. For
1 a full view of their Sentiments and wishes
, on this fubje&, we tranfmtt the paper No,
17; and as a fretliand lively toftauce of their
ifuperiority to every species of fedoaion
, from the paths of virtue and bl honor, we
: add the paper No. 8.
: " The remaining class of creditors is
. composed partly of such of our fellow citi
. zens as originally lent to the public the use
t of their funds, or have since manifested most
. confidence in their country, by receiving
Current prices of per from f,
D. c b. c.
Sugar, Weft-India — 10 0 12 c
Starch, Poland ffi 018 0 0
, American -,- 0 I2| o^7
Sugar, Loaf lb 021 022
Salt, St. Übes scarce H. 6 0 @s°
, Turk's Illand — 6 0 0 0
, Liverpool -- 5 0 6 0
, Rock ,- 0 0 7 0
Steel, German lb 0 r 3 ° ''
, Englilh -- 014 0)5
Salt Petre, refined — 034 0 40
Shot Patent, C. 14 0 0 0
; fW.O. hhd. M. 24 0 26 0
I do. do. heading -- 26 0 28 0
2J W. O. bbl. -- 10 0 12 56
R. O. hhd. - 12 0 I 3 0
do. Shooks 0 66 0 o
[W. O. do. 1 20 1 30
Tin in Iheets fearer bt. 20 0 24 0
Tar B. 350 4 0
Turpentine -- 4 0 450
Tea, Hyfon lb. 150 160
, Souchong — 0 7$ °B9
, Bohea -- 03 2 ° °
Tobacco, Jamesßiver C. 7 0 0q
, Georgia — 550 0 0
Twine, sewing doz. 5 ° 55°
, seine — 5 0 55 0
. fMadeira G. 217 '2 7,
^] Lifnonfearce, — 150 0 0
Z { Sherry, — 142 150
I Mala^afcarce q.c. 30 0 4-0 0
(Red Port — 142 150