The recorder. [volume] (Richmond, Va.) 1802-1803, 1803-06-04

eche!On OF enc dccaiOquc, reicrved for
the peculiar fcrvice Of government, the
iannr rule applies TO the rights Of an ine
divicsual, and to thoie Of naeioR, To
the original holders OF the debt, the
United STATES might Gay chat they
nave already received, III tao fnape cf
interclt, more than they ever did acta-
ally difburic, viii, che compound inter-
cit OF their advances collectively. Mr..
Galatin iuipccts, that rhere has been
dece ption in tho foundation Of the buff
hegs. II that cafe, an honc{t aiiguee Of
dx per Ceuc flock may be soid, that the
whole traniecticn was fraudulent. rhat
she United STATES were grolsly betrayed
by legiGarive majority aud tna-. as
a bond granted for lhamcfj!l cauic, Is,
OF, ir(cli, null and yoil in law, the fame
doctf.as Corresponds so public dcbt
IL is always to be remembered, howe
yer, that, whether iucl do6t inc be
right c. @rcng, VIC cannon eouch puhlc
paper wishour digging up tound@rions,
Soc'@.2 eVoa5d be torn IL places. I nc de-
nocrats have. always entertained = wild
idea Of saxisg '5s Pntsaiie jNaIs. They
Gould not d;viie lhorteT o. turcr road
60 na1lonat dcfsu6tion. This fubie5t
nay be viewed from very opp5dte
points. Theoretical morality nuG
often give way TO practical exprd!ency
Mr. Alexander Hamilton grounds
ms curious defence ofhis Character Upon
ms having had no Pecuniary concern With
sile ipeculatlcts III thls funding Ytem.
lie lndifsctly lmPlies thae ha looked up
on Ehote 'egi!l41ors. IS MIR CaAatih,
and che reil CT mankind, hav. always
looked upon them. [ the a!falr h.
been honorable On The part Ct congrefs
menbers, II would have been cqu,lIY e
Upon MS Parr. He, ana ,bey, were
alike tTuitces for The public ac LARGE
mere IS, indeed, an appsren. bur "a
ling ol'iinctlon between sac II. "A act
g cong-cls OF Septemh-r I'll, 1880 sro-
''lt'!i> all perlons holding an 9Tice IN eh>
treziuFy from being sc ecacerh-d III rhe
I" purchaie u dip ,fli o. any public ie
" cur.tiea o, . y ltaee, or Ut tins United
-" State Di!qua ica,ion fur Office,
ana penalty ol three rhouiaad dollars,
arc ia hc tnc conlcquence of detection.
Bus II rhe injunction was requifce 10
on officers OF The t@aiiiry, il icelned y.s
more wantedtor congreis members. I hev
moved III : higher iphere. By purchal-
ing certificates with onc hand. and max
Ing laws WIN rile o5her, they could &C.
culnularc, as w iiiiam Smith actually
dis. al eaornous torrune. Their IA.
tH.e book aas no prohibition aqainit
tnraiielves, Ike Ghar agalnlt peylons N
tae t'ca,ury. The ac1 OF Aug,,if
4.h, TO. 9'@%iag pyevjFos fy ths DER
q tbs o@'fed Stairs, In sle lrlue!. lad
dieI tile couocry With burden of lc-
7cnFI thTec nli4lions Ct dollars. But if
any n,clnber had bought W s.1s waoic
budget ior one per cent, no ciaulc in tn,
acr forbade bin 20 have done 70, orr.
iiic5cd The 5jnalle& penalty or c1sfu-.
Whatever. Yet only cievcn rnongas be
lore, enngrcfs by d iaw, pr ,aiaitad q, a
Jury officers from doing whar conerels
sAem si'ss "95e actual. doing.
~ ~. William omi all forty
Other members OF Ehe Jwo houlcs. wer.
cnndsd to trade in paper, they had 40
"Ght. u hlnaeflng any body ellie. Soe-
coieIion was not TO be hedgpd in for
them. lt was NOT ike the iea3al 9a,
?. ta'' "4Sfj5', or like the royal exrrC:le
OF 'cf@tcnis :, which James the Sizrh 4,
c!a.10 % 7e TOO great a pcafYre for
inject to ENJOY. This flrR conDrr(,
''oHI ioT hmcnea What Iugurtba Want
90 !oS 1,2me, ? msrchans Itch enoncr,