Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1801-01-27

OF t6c'year 8;'iS yves AGILITY in the fub-
diyiion sad silefrneat ~ di.sSf contribute
ons, 'egu'a isy in the receip's, care an the
diibuif sments, clear accountability IN the
public tresiny, well managed diaubu'ion
in the different channels of expsnlc. J he
bearers of hills Authorized TO draw eireetiy
on he funds of the receivers aud their OYER
feers porchalsj by corruption the funds
which eitheg ,hen had 40 exitence, or which
ought TO have been reletged fes the ietvices
Of the republic; goods OF requid'ion, deb's
OF arresr, upcert5in rcB,s, were admitted as
par ment OF direa contributions, aud it was
receivcrs, ovsrtesrs and collectors, who ,raf
ficl,ed in goods of Deprecated value, aud ex
changed them in their clics for real proper
" which they had received paymaaera CON
eealed The payments which had l>cen made
TO than, 10 obtain from thof, who were to
Guperintend their accounts, aud for advances
which they have never made. Thus the
public sreaforf was ignorant equally of the
fuads received, and she iGns wtich had been
paid IN the departments, Hence arcle un-.
certain eiltribusioaS and iliuIory atligumen,s
In the mean time every thing vas ordered
! by The minitcr5, every hing wss faniione6
by the directory .--Esncc he want of pub
lie credit, and in its train icau1aIous negoci--
a,iors and d,lgrscefui DEGREES, Since the
! I4,h Nivofe Dee. zSl the period of the
fubdiviiion and afeIreut ct ,he consrbu--
;ions haa been fixed with preeiGon, and this
year for-ihe irf time, the quotas of alnoIt
AL the Departments were in the courie OF
I payment made during the courle OF Verde
raare. The public trealuries have been ihut
aganlt delegations "a lpecies of Exchequer
Liilo) but 81 millions OF delegations, or or
ders upon the ;geafury, of this delcriptiaa,
have been rapidly extiugu.ihed by operations
which have neither Goa the tfeslury loan nor
inierei}, and at he Zane ti,he have procured
efe6ual advances. Theie delegations the
4 Government NIGH, with iouc coionr or iuf
rice have o5jeaed to- They had been t.
4 fsed 20 coDia6tors even before they catered
on their con,rsct. and It was EXTREMITY pro.
babe tho; the iervice was NOT performed
completely by any, and by very few with
good la h. But tbe!e delegations had been
regocia,ed under Their view, ard with The
content of the form.r Goysrnment.-
|
hoLer. They we're ruers OF exchange OF which
the actual ho!de,s hai advanced the value. and /,
was impsiii5ie without inirrng public credit, to
Pnfpone or ieiuie Fay:aea; Of them. Requitiri0n
blils nave been taken out oil the circle OF jotbiur
and mutt be nca:ly al paid into the szche luer
tot taxes, 1nd in The year O. there Il ezil slnoi
! none OF then, The pulls creditor VII receive
his Money 10 ,sip, and the publie viii receive al
I MOI no'h'hg bat fold cath Part of the direa
contributions oil the year 8, that part which il was
Z calculated wculd not be eoniumcd BIZ the bl!is in
arresr, and rcquiftion bills, has been. by sniisj..
patton, pad iSto the treasury in the obligation, Of
| the SOLICITORS, and thsfs OBLIGATIONS. whieh have
IN particular fund the certain means Of their dil.
charge are now as iolid value as tnc public or
the merchant can offer. The dirc4 contributions
OF the year arc already in the portfeaile of the
treaiurY in obligations equally fold. Thele luc.
eelye receipts Of ndirea or calra! cant, buttons
arc then reprefen,ed By the bills Of the coled9ors
| payable at light. Ahxedlam OF thefs Obligations
and theIe bills is appropriated 70 the expenls OF
every month. No order Tor paymcat viii be
given but in she proportion to th- iuuts actually
! 'elted IN the treafury. Thus the orders will
no lcnger be arbitrary. There will be no mil.
take IN the arrangement, no iluGon in promi;es
OF payment viii ez.if, and ps,fens excepting fueh
paper ON the faith Of payment, will not De reeei
ved The public tresfury Sas received new or
gaDization. An active iuperiaten6ance pervades
! every part of IL. The arrear accounts proceed
without obhaele. Every month the minilfer Of f.
nanees and the direelOsof the pubic ueaGury Will
fohmit to the infPeetion Of The government, Rate
,1ents Of al the receipts and payments, partieu,
| larly every payment made TO the orders Of each
I mnacr The collection Of thefe flatements at
the end OF every year, viii hew the receipt the
cxpenfes paid, and the nafGre of each e1osnfes
The Ultimate receGatY for the expeuis Tor the
iyssr has been formed With the ilsi2eft regard
to economy. The revenues have been vsised
with every degree Of PoiIio,s prseiGon. Theft
revenues ars adequate 70 tie calculated ex-
pendi,rre. The government will propofe TO the
,egiaat:ve body what Il rOneeives the ben exps
diens 70 cover this deficiency. and leave 70 their
vddom 20 decide on lie prooristy. A linking
sDud hiss been created The adinirifratioas Of il
win net inersafe the bErdsns OF the Finances il
/ will at once iurnih eKesGSc means of eItin.
guilbiH. the pEsle dcbt, aud prove powerful
iDarument Of public efsdis.--ln examining ia
operation il Wili be found % promote fnocefs-
fully the important end Of en Office Of iecuri,y
FOR the bonds OF the receiver. A bank haa been
founded feeble indeed As ye, bu, whole fee
beneis is in proportion TO the actual wants Of sir-
culation. O a peace il viii embrace a range
which our eonneree eneresied by rbe relit0.
ton Of our ancient relations, anil BY the fSrms Of