The American Republican gazette — Concord, N.H., 1803-01-20 00:00:00, page 2

forts of the said a&, ap^y^rds
discharging an- equal amourit of that
girt of the debt which had become
due to the bank before or during the
year 1796 ; and the purchaser of the
stock, Ipld, at the fame time, to the
treasury, an equal sum in bills on Hol
land At 41 cents per guilder; the se
curing of which large amount, at that
rate, was the inducement on the part
of government to dispose of the bank
stock on those terms. As the divi
dend usually received on the bank
stock fold, and the annual interest
payable on the debt due to the bank,
thus extinguished, were nearly equal,
/ the July half yearly dividend on the
£ock, was in fad the premium paid
for the purpose of effeding the remit,
tance; and government has thereby
been enabled to obtain, without rail
ing the price of exchange, the whole
amount wanted to meet the payments
due in Holland, till the month of Sep.
temberlßo3.
Exclusively of, and in addition to
the debt of 1,287,600 dollars thus
paid to the Bank, out of the proceeds
of the sales of Bank Shares, a sum of
8,834,757 dollars and 89 cents has
been paid out of the treasury during
the year ending on the 30th day of
, September last, on account of the
principal and interest of the Public
Debt, and the payments in part of the
principal of the debt, made during
the fame period, have been asfollow
eth :—
1. The payments
on account of the
principal & interest
of the Domestic dt.
have been 4,628,105 39
From which de
duding 1 year's in- -(
lereft on the fame, 3,470,25^7$
Leaves a sum applied to the re
imbuffement of the principal of
the6pr ct. & deferred docks, of 1,157,846 64
2d. Paid to foreign officers,
and for the regifleted debt, 9,603 18
3d. Principal of domestic loans
(exclufirely of the 1,287,600
@&rs paid out of the proceeds
ofsink Shares) 202 400
4th. Evidences cf public debt
paid for lands, ' 17,162 50
,b.The payments on account
ot the principal and interest of
the foreign debt have been,
_ 3^ 0 > 8 74 3^
Rom which fum<
deducting 1 yr's
int. & charges,
equal to 462,73 t
And on account
of the different&
rates at which
bills have been
purchased, & of
iundry bills re
turned for non.
payment, & new
in suit, a further
sumos 82,284 98
Leaves applica- —■ —
ble to payment
of the principal, 2,765,858 34
Amounting altogether to 4.152,869 66
And if to that (hall be added the 1,287,000
dollars paid on account of the
principal of the debt due to the
Bank, out of the proceeds of
the sale of the bank (hires the
total amount of debt 5,440,469 66
extinguished during that year,
will be found to exceed 5 mill,
ions, tour hundred and forty'
thousand dollars.
The balance of specie in the trea
sury, which on the ift'day of October
1801, amounted to 2,948,718 dollars
and 73 cents, had encrealed on the
\% >ft of O&ober 1802, to the sum of
4'539'675 dollars and 57 cents, mak
ing a difference in favor of the treasu
ry, of 1,590 956 dollars and 84 cents ;
which latt sum added to the above
mentioned payment of 4,151,869 dls.
'and 66 cts. paid out of the treasury
on account ofthe principal of the pub
lic debt, makes an a&ual difference
in fayoi of the United States, of more
than 5,740,000 dollars, during that
year.'
The payments on account of the
principal of the Public Debt, from the
Ift day of April 1801, to the 30th ofl
September 1802, (exclusively of and I
in addition to the Bank Debt difchar.l
ged out of the proceeds of Bk. shares) ;
amounts to Dolls. 5,339,886 44 f
—viz.— — 1
On account of
the domestic dt. 1,334,942 81
On acct, of the
foreign debt, 3,302,543 63
And in re-pay- .
merit of tempo
rary loans, 702,400
. 5,339 866 44
And if to that sum foiU be
added the encreafe of specie in
the treasury, during the fame
period, which (as the amount
oh the ift of April 1801, did
not exceed 1,794,044 dolls. &
85 cents) amounts to 2,745,630 72
the difference in favor cf the
United States, for those 18 8,085,517 16
months will be found equal — — -,. 1
,0. eight millions, eighty five thousand § hun-I
dred and seventeen dollars and 16 cents.
Os the annual appropriation, of:
7,300,000 dls. for the principal and
interest of the Public Debt, near 3
millions, nine hundred thousand doh
lars will be wanted to pay the ipter
eft which falls due in the year 1803,
and the residue, amounting to three
millions four hundred thousand dol
lars, may be considered as the sum ap
plicable, during that year, to the ex
tinguifhment of the principal of the
public debt.
From all which, it results that so
long as the United States shall not be
afflicted by any unforefeen calamity,
and whilst the public expenditures
shall be kept within their present lim
its, there does not appear any neces
sity for encreafing the Public Reve
nues. *
All which is mos refpeafull,
submitted by
ALBERT GALLATIN,
Sec. of the Treasury.
Treasury Department,^
Dec. 16, 1802.
[r, The Document marked (A) isaftate
meat of the lands fold in the Diftrias of Cin
cinnati, Steubenville, Chillicothe, and Mari
etta, flawing the monies paid thereon, and the
amount due on the ift of Nov. 1801.
That marked (B) is a " statement exhibit
ing the amount ot Revenue, accrued on ac
count of duties on importations,for each quar
ter from the ift day of Oa. 1800, to the 30th
day of Sept. 1802."
As theie fhtements comprise only the par
ticular items from which the gross amount in
the preceding report is drawn, we deem it
unnecessary to extend our Columns with their
immense bulk.
Statement (C) precedes the Report io the
firff P^ge of this paper.]
—raeagißret—— -.
REPORT.
The Secretary of the Navy, the Secretary of
the Treasury, and the Secretary of War,
Commissioners under the" Ad for the bet
• ter government cf the Navy of she United
States,"
Refpeftfully report to Congress :
THAT since the 31st of Dec. 1801,
the date of their last report, there has
accrued and will accrue to the end of
the present year, for interest and re
imbursement of the principal jpf the
debt of the United States belonging
to the fund for fatisfying navy pem
fions, the sum of dollars, 5.880 20 cts.
which added to the sum of 3 507 dls.
41 cts. being the balance unapplied at
the end of last year, forms an aggre.
gate of dollars 9,387 61 cents, as ex
emplified in the annexed statement
marked (A). That the nenfions of
the persons on the invalid lift of the
naval establishment, which have been
paid or are in course of payment for
the fame period, amount to the sum of
dollars 3,200 37 cts. as appears by
statement (B), which being deducted
from the amount of interest and re
imburfemen^ as above dated, leaves a
balance unapplied of 6187 dls. 24 c.
That there has been received from
the treasury, of monies arising from
the sales of prizes, including dollars
] 9 2 3 45 cts^revioufly on hand, the
• sum of dollars 42,562 80 cts, for the
.investment of which in stock of the
I funded debt of the U. States, or in
bank stock, measures have been taken
, —and it is intended to invest in like
fmanner the unapplied balance of in
itereft and reimbursement, with the re.
I fervation of a small sum in the treasu
ry, to meet eventual demands of ap
plicants for pensions.
For and in behalf of the Board,
ROBERT SMITH,
City of Wafhiogton, Navy"J
Depart. Dec. 17, 1802. J
The Speaker of the House oj R.
VIRGINIA RESOLUTION.
cw—tro
" The extreme licentiousness of the fed-)
eral editors, in their abuse ,he Pref.
I dent, has been such as to require a cor
: revive ; and as it is highly impolitic, as
I well as unconf itutional, to place any le--
I gal reflraint on Printing Preffes,he on- I
I, mode of counteracting the baneful efc l
fefts 0/ such publications Jhould be by an -
expreflion of the public will :,—
" Resolved, therefore,
iThat the present Legislature, as a
component part of the community,
declare their entire disapprobation of
the gross, indecent, and unprincipled:
attack made on the character of thej
President of the United States. And
so fully and confidently are they aG'
sured of the uprightness and purity of/
his motives, as well as a sincere and'
firm belief that his official duties have §
been difeharged in such a manner as|
to promote the real interest, happi-;
nefs and independence of their coun-|
try, that they are induced to give their[
unequivocal and decided approbation
to every part of his conduct, as far as
it has come within their knowledge.;
And they feel a pleasurable duty in
declaring, that there is no man in A-;
merica who deserves more of the con-;
fidence of the people of these United!
States, than the enlightened, philofo-1
phic, benevolent, and patriotic Re.
publican, Thomas Jefferson."'
Governor M'KE AN,
In his late address to the Legislature of!
Penifylvani^, has the following obferoa-।
tions on the licentiousness of the Press :
" Reflecting, gentlemen, upon the
just principles of our political insti
tutions, the equal division of proper
ty, the diffufion of useful knowledge,
and the common interest possessed by
every citizen in the welfare and hon
or of the government, we find it im
poffibleto trace a real or rational foun
dation for difeord or difeontent. But
in the abuse of the noblest invention
of man, the best preservation of civil
liberty, afree press, we shall difeover,|
I fear, the farce of the lamented evil :
for an unparalleled licentiousness, in
publishing seditious and infanious li
bels, (levelling all diftinQion between
truth and falfhood, between virtue &
vice) exposes our national charader
to contempt abroad, generatesdiilruft
and difaffedion at home, and threat
ens finally, to annihilate every benefit
of this boasted medium of public in
formation. It is time then that the
good sense of our fellow citizens, aid.
ing the authority of the magistrate,
Should interpose to refeue us from a
tyranny, by which the weak, the wick,
ed, and the obfeure, are enabled to
prey upon the fame, the feelings, and
the fortunes of every conspicuous
member of community. To preserve
the liberty of the press, indeed, its li
centiousness must be controuled and
corrected, not only by the discipline
of the laws, but by the morals and the
manners of the people."
Gen. S. Smith, a member of Con
gress, has commenced an aCtion a
gainst Charles Prentiss, editor of the
66 WaShiogton Federalist," for a libel
on his private character.
Callender is' in jail for libelling a
Mr. George Hay, of Richmond, V.
A PHILADELPHIA, Jan. 5.
Ek'ralt of a letter to the Editor, dated Saki.
more, Dec. 30, 1802.
" A new federal adventure has just taker:
place. To wipe away the imputation of for.
g,ry # and conftqueat peijury with which J.
Ratledge is charged, he had recourse to an art
as outrageous against an individual as the one
charged to him is outrageous agaioft Society.
Mr. Ellery, so Senator from Rhode Iflandj a
few days ago made a visit to feme of his friends
at Port-Tobacco. Immediately after his de
parture, Mr. Lewis R. Morris, of Vermont,
called athis lodgings taenquire where he was
gone, and was informed that he had gone to
Fort-Tobacco. Rutledge and Morris imme,
diately fat out for that place. Oa arriving
there Morris called upon Mr. Ellery and pre
sented him with a challenge from Rutledge,
to which he received in answer that he was a
bout bringing the fubjed of his mifeondua
before congress, and on inpelHgatioo it would
; appear who was in the right. The next day
Morris called again at Mr. Ellery's lodgings,
while he was in bed, to demand of him the
reason why he would not meet Rutledge—he
was answered by thegentleman at whose house
Mr. Ellery was, that he had received his an
swer tlie day before, that ip bis mind it was
concls&e, and that, therefore, be had noo
ther to expea.
" The following mofalog Mr. Ellery set oyt
in the stage for Washington. On his passage
he descried Rutledge and his aid at a distance
I before hir.^-on arriving at the flage house be
, found them both there. He called for a pri
vate room and scarcely had set down to eat his
breakfaft beforeßutlcJge rushed into the room
and ft^uck him several blows on the head with
I a large club.
" Confounded as he was by the manner in
iwhich he was attacked, he neverth^lefs darted
;from his (hair, seized the affuffin by the collar
land pinned him against the wall. Rutledge
squeaked out that Mr. Ellery was biting him,
I and as his aid Mr. Morris had made his entry
l alfo into the room, he called 00 him to poll
I Ellery's ears or nose., Mr. Ellery retaining
I his hold of the affaffin,and having fecuted him
I by the tbroQfyas to prevent him from doing
further mif/CTheaddreffed himfclf to Mor
ris, & exprefled his aftoniihment thata mem
ber of the national legislature would so far de
base himfelf as to engage in so dishonorable a
tranfadion. Morris disavowed any agency in
it; but d'fired him to let Rutledge loose.—
The parties were Separated, and pursued their
journey to Washington.
" What think you of such condud ? Is not
cowardice and baseness stamped upon the face te
:of it ?If Rutledge wished an interview with
Mr. Ellery, upon fair and honorable terms,
why did he not reqoeft it Newport, why did
he not request it atWafhington ? He had been
there for tome time, law Mr. Ellery often.but
took no step to redress any fappafed injury.
To puifae him to a distant place, when be
knew he was without a friend, to waylay him
afterwards and attack him without any previ
ous notice, was the ad of an assassin, and in- ,
dicated as great a want of honor as the forging T
of letters, and as much destitution of princi
ple as oath of purgation. If the ftal of guilt
weie neceffary,fuch an outrageous proceeding
must stamp it with eternal infamy."
Note, by the A. ReptblicartGazrtie.
[* For the information of^he readers of this
gazette, we add—that Mr. John Rutledge a
bove mentioned is a member of Congress from (
South Carolina—he has in the recels of con
gress refined at Newport, in Rhode Ifland —
Mr. Ellery resides alfdt Newport, and is one
I of the Senators of Rhode Iflaad—Some time
I in the last summer, fevrral letters addrefled to
the Prefi lent of the U. S. were forwarded frota
the post office io Newport, with the name of
Nic or Nias or Nicholas ,ffi^> signed to them.
This Mr. Jeffioy is a Frenchman, a peaceable
silver smith or trader at Newport—The Presi
dent returned a cautious aufwer (for it seems
he fufpeded the trick) to one of the letters, to
Mr. Jeffrey, which when Mr. Jeffrey found
it to be in answer to 2 letter as from him, and
knowing that he had never sent one to Mr.
Jefferfon, he was furprized at, and returned
immediately with the letter to the postmaster,
to whom he confided it—The peftmafter was
well acquainted with Rutledge's hand, and by
one or two fubfrquent letters addressed to the
President, he wa% led to fufpea Rutledge was
the writer of the letters io Jeffrey's name—
Rutledge was narrowly watched—the Presi
dent was'applied to, and the letters obtained
fauetiwith Jeffroy's name—the letters were
examined by good judges, and compared with
Rutledge's writing—Mr. Ellery was one who
wi^'others examined the writings—they were
pronounced Rutledge's—it seems Rutledge &
his friends made an attempt to throw the im
position on Mr. E^ery ;—this cdefed a more
thorough inveftigatioß the forged letters
have since been examined in Newyork and in •
Philadelphia, and compared with Rutledge'#
known writing—the similarity of writing and
1 man, other circumftanccs, have fixed the for.
ger, on Rutledge—we shall mention only one
at present : Rutledge was fam by the peftmaf
terat Newport (while walking the potiefficeA
and as he thought unotferved) to drop a pac^
ket from under his coat, which he afterwards )
kicked over, with an exclamation to the post- ,
matter," d—n it, Richardfop, is this the w#y
you keep your letters I" he took It up and
handed it to the postmaster, who after be wfy,