Alexandria advertiser and commercial intelligencer. [volume] (Alexandria [Va.]) 1800-1803, 1802-04-28

inconvenience OF Paying ths t3rgc Initial
| lnents of the Dutch debt, which fall due
ibis and the enfuing years, is much in
created by the obligation Of difcharging
them abroad and to hear this declara-
onmade ufe Of as an argument for au-
thorizing reloan Of theie ioaalmerts
and at tie fame time 70 hear MIR. Randolph
pronounce an elaborate encomium upon
the hyperion zeal and Kill of the prelent
fecretary Of the trealofy, for having aesu-
ally paid the infalment of the prefent
year in advance. The fact would feem
TO be, that the fecretary had trufed ge-
neral Smith and Mr.. Randolph with The
fecret of his having purchaied bills and adj
vsnced the innalment at time when eye
ry body knows that bills have been be-
low par, and that fuch remittance could
be made with perfect cafe, and yet that be
intended TO make an impretiion npon the
Legislature, andlupon the country, Of tie
extreme 8 mconvenieuee' of making fuch
a remittance, and conlequenslyo OF the ne
cefiry of power to reloan the amount Of
the infalment, and Of giving fome favor
ite 5000 dollars year for doing it, and
5000 to fonae one elfe for puIchaiing Bills.
Whether Mr.. Gallatin fupcoied that by
reloaning the amount Of this initslment,
which is 10000 dollars, he ihould be
enabled, without Inconvenience, TO af.
ford fupplies to the French fleet, and whe.
ther the five millions OF dollars more pro-
pcied to be borrowed in this country were
deigned for the fame purpoie, are quef-
tlons which / viii not undertake 70 ioiye
II am nor in the fecrets of the cabinet.
Whatever mi ssht have been the intention,
general Smith let out the fecret, that the
in;ialment OF this year was in reality PAID.
and Of courfs, that there could be no fuch
mighty meoavexieafe' in paying il as
the lscretary wlihed TO have iuppofed.-
I he coniequence OF this information, thus
indiicreetly diyulged, was, that many
iuppoied, if the ipfsimert of this year
could, with 10 much saie, be PAID in ad-
vaace, there could be no very urgent ne-
cefilty for giving 5000 dollars to purchafe
bills for the next, nor 5000 for procur-
ing fcloan Oft
g pats over many circumstances which
were amuiing to tie fpectafor, but which
would not be equally 70 in narration, and
come to the concluding lcene ar the final
palling Of the bill
$ When the title was read, ard the
qnsaion was about 20 be taken upon it.
Mr.. L. Morris roie and propelled to amend
If, by ariking out the words. sd biNmak-
ing fyozyfes fer HE ,sdem9ton Of tbe zcbole
sftbe public ds5t,'' and inlefting in the
lieu Of them, the words, " 4 bill making
certain brogiiGoas III reAatioa to tie paShe
deJt." Mr.. Dennis of Maryland movedIto
add to the amendment propoled, the words
7" Ana 0utboyiz;ag a yrloan # part there
sf.'' To this Mr.. Morris agreed. In
favor Of the amendment it was remarked,
that the title was very fplendid one:
that it proniled great deal more than
was to be found in the bill; aad come
quently, that it was calculated to miasad
and deceive. That in fact nc new fyitenr
was adopted by the paaage Of the BILL
and that Under the operation of II the CO..
vernnen. could DO no more than they
were authorized ard even obligated todos
before. That the provifons of the bill
we're various and contrarient in their ope-
ration, and in lhcrt, that the title propof-
ed was an accurate Description of the BILL
The queAion on amending was taken by
yeas and nays and lof-yeas 20, nays 4z-
What glorious thing il would be ifcon-
greis would PATS law enabling Is 10 redeem
lbs zvbole Of our trivate debts IN the fame
way !"