Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1810-04-02

some time sso, that Mr.. GalIatln was abou,
70 produce anpthsr financial statement,
which would, be st.yarianee with his annual
report. That stasssnsnt has at length 30.
ep.sred. Far from rsuae:ing AIRY OF 81,
former facts or observations, be tenGtm.
them with. new explorations. His exprdi.
en,s are to reinan Eve millions. ard an haf
Of six per CEN, sock ), TO borrow from tspls
and individuals snt..t0 issEs PArEkHcncv
under he name of 'Trtssary Notes, nrco.
,iatae, bearing Interest. and payabl. in on.
year. The moral warld seems to have
turned completely round, and 10 have r,p.
dered democracy ei!dy in ,hr revolution.
/ Whether irwiii lal with gid.lipsss, remain,
70 br proved. Whss do we see A pro.
fuse foliage ofioSns, ,axrs and paper mo.
ney 10 ready to sprou, on. Of crab b.a
and ssplsss rrunk, constituting phenonr.
non, 10 be noted ard admired a suo,her
proof tina, wonders have moi ceased 10 MO.
dem times. The revenue that IL gone l.
TO he recovered by heavily encreasing The
,l0tirs upon eonimerce, and totally with
drawing Or sho,tsniag the period'of ersd,.
Like Leshern trsder. government is IL
raise -all it can from all kids of!hapks, and
to push lis PAPER urcn every one ttnt have
dealings with it. Through the crooked
roads Of Embargo sad Non.intefeeur,e,
We find ourselves brought to the cold e.
mission" off paper monsy. Let Us also re-.
member, that TO couuts and support
this encourage ment tc general bank sys.
tenn, Banks are INCREASING SO FIST, that the
rsper mills will be compelled to work dou-
bic tides in order to support them. Though
instead Of re renewing the tharter Of the Bark
of the United States, it is proposed by the
administration to found a new one with a
capital vastly enlarged. 49,.
MIR. Galla,in has said enough to prove
that the sale Of public lands does not con.
stitutr the succe daneum for a twenty years
war, which has b. en- represented SC prolific
that arithmetic has scarcely the power ofe.
numerat;ng the amount Of its produce. On
the contrary, he gives Us to understand,
that the sale of lands is source Of revenue
which, however abundant, flows but s.tawiy,
and that to encrease the current it would
be necessary SO 10 alter the laws, that set
tiers may be compelled into the tolls Sf sps-
culato's, instead of Purchasing upon credi.
the little farms they want, immediately
from government. as ehesply as he can
who buys land by the tow nship. =.
i, apprars,lh at .he .reusl,sy IS 10 80 ex.
hausted state that no increase VI taxes
viii releveit from want, because they can.
not cosas to lis adm time. Loans and an
emission q pepper money must be ,resor,sd
70 Immediately, or it will stop payment
All the wise and ssasonable admouitions
gwen by'this 6nancicr have'been disregard.
ed, till his best expedien.s have become
'mPrae.icable and useless. This IL the ne
cessary consequence Of the {" no plsa" man.
ner OF acting, which In staring characters of
Jolly rs branded npon the front Of democra.
cy' In the arnihilation Of trade, the fee.
bleness of government, the collisions Of
different states, and lhe approacEiag sub
siltution OF paper money for the avails ofa
solid and rieh'rrvenue, the prese4,t period
str'k'ngly ress mbles that which preceded
the formation Of the federal cons,itu.ioe,--
Hence it is clearly proved, that the sudden
and universal prosperity which followed
us adoption, was the result Of federal ma
nsgemen. as we'll as of the ,salutary princi-
pies OF that instrument. For men have
been selected 70 ea.sy i ;r..s <z~ss, 50 ;m-
competent and SO pernieiovsly inclined that
what had formerly ain ;instan,ane o.isly ,eu-
ra'lve operation upon the national -eaIami.
ties, has notbeen sufficient in their hands
to save US from relapse into equally great
evils Of the same fatal nature. They who
planned the constitution, and so faithfully
and successfully applied it to the objects it
contemplated, are capable of renewing tn.
blessings, which i. may be made 70 produce;
and it .remains for. the people to say when
and whether they shall be again called 10
serve them. But the change must be
made before Ill too late. We are so near
to the lee shore, that ,anlsss the ships 500.
put about, VIC, may be overwhelmed and
daehed to pieces.