Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1811-05-13

nose it should be cone Ola :"
/ when the government warts us lui'os' ~ Can
NOT commend them; al interest o'i INC
,,,onnt will l,ot pay the salaries OF the os1lcefs
-oftho nation; it will not tecd. your a'hiies'
nor support YOUR navy; it must derahgc INC
whole system Of the government, and perhaps
hiring it to a stand still have no hesltauon
sir. IN declaring, that in my opinion II the col
lection and transnissiou of the pubic MONIES
be entrusted exclusively to the state oahN''
that at least great trouble, peTp!cXity' aiic GO
css;onaI dedication, will ensue.
shall now present, sir, 70 The senate, the
tes,;,,o,,y which WAS offered to the committee
by the two delegations from PhiiaooiPih'' o'o
one selected from tie master ni'"!a' &C. q
and mechanics, und the Other i!oEs ING me :
chants ii tina; CITY. i will 5o.conciuslVe'! 10
slew tie effects whicn il 10 apprehended WI
issue from the cessation 0! ih& b1lh q tle "
nitcd States, in 4 city, the Irst perhaps IL i'o-
mutation AID wealth ii the Union, and the che,
least engaged OF snv OF the greet sea ports III
proportion to IFS wealth, In foreign commerce.
The agents from the manufacturers anc me-
chsaics tod their story ii p.a!n, straight 10Y
ward manner, each o4.e narr-tlhg tac's whch
affected himself, and came within the scope
c. his persona! observations. The representa-
tives OF the merchants tooG a WIDER scoop; Xxx!
entered ;.to general reasonins5 "A1eh "ouiu
present themselves gcncr@.:y TO the hli!ias oI
others, & to ,t!e members OF the 5eaatc tbs
exploitation i, here made to account i1H tie
cause why the former testimony, which WIS
verv impressivcly gwen 10 the conrahtee, WA
be st.tcd in detail, and the latter De ptc2ehtc2
.<abC
Fir. I.cipcr, a respect bic, wealthy aI'd OK
tel.sive tob cco,ist, and ptoprietoi also Oh
some stone guam ics, which tIriI.sE cohSls:S9.-
be building store % The Inasons In fi!i"dSi-
pIia informed the committee, that re nae Decn
long and extensively engaged IN ioo"Coc
,nanuIactory. He employs upwards OF Il hd'i-
drc;i .Torin en-, and the cxpenccs oi his bus.-
ne,, amount 10 about one hundred and SIXTY
dollars q ,ly he believes th,.t the dissolution
Of the b4ul Of the United States would pro-
duce a scene OF distress iii the s:dpoit5 umpire
Ccdcnted il our country that il would stop
one naif OF the master manufacturers ai.c me-
ch.nics of the city; that already confidence
WIS nearly destroy Cd the debts que % ma
nut .cturcrs AID mechanics were Oh open &C
counts, Oh which 1t was Impossible 10 make
collections 70 any amount OF consequence
that the manufacturers and mechanics must,
unless the state OF things be altered ID great
measure stop their BUSINESS and dismiss taclr
workmen, and very iasrv OF them SaCf-i-cc
their property, Or Iosc their repu.ation and
stop payment. Money, he sad, could not be
commanded a short time sulce, however 2noa
the security offered he generally met bis ca
gaeenlcnts easily he had however shortly
before leaving home occasion 10 remit to MS
CORRESPONDENT at Richmond, where he was IL
the habit Of having considerable quantities OF
tobacco purchased, fourteen hundred dollars; !
he had or hand towards that sum eight hun !!
dred dollars, and found considerable difficulty |
III procuring the remainder it had however
been done since nc icit home, and RENTED |
with directions, however, 70 the agent to make |
no more purchases, ICr 20 enter into any :.cW !
contracts tor his account.
Nj Lciper furtier stated, that the pressure ,
for money WHICH recently existed in Phli-5'oi- !
phia has, torr the moment, been relieved, al /,
though scarcely any sales or purchases arr J.
making, except at greatly reduced anc des-
rructve rates 70 the seller This re.le. h.c! |
been obtained BY tie bank OF the Z. States a.
greeting 70 continue its full discounts to the 4th
Of March next and from the s.a,e banks, CAL
culating On the for5earsnce Of the bank Of the
u States, having literally issued new paper.
The Bank o. Pennsylvania, c. which Mr.. Lelp-
er has been many years director, recently |;
let out one week eighty thousand dollars new
money; but if the bank Of the Z. States is
not continued, this momentary relief would
only extend the evil, it would enlarge the la
biiities, and still further increase the pres
sure and distress, and want of money which
mast tDen arise,
About l. years since, Mr.. LeiPer felt hurt
at tie conduct Of the Bank Of the y. States
in rejecting his paper he LEFT the bank and
did his business elsewhere; since that time
he had heard no complaints he believed toe
concerns IF the bank mad been conducted fair
" and literally and that discounts had been
afforded to democrats as we'll as to fedcralists,
to manufacturers and mechanics as we'll as
the merchants.
Mr.. Leipsr, sir, has been a jealous and |
unwavering partisan of the persons now in
power since the adoption of the federal consti-