Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1811-01-15
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TUESDAY, JANUARY Is.


Columbia, is ridieuled by the Enquirer as
whipping the devil round the stump. The
sEnnuirer acknowledges the constitutional.
ty of giving charters to banks IN the Dis
trict of Columbia. Do not their notes
circulate out of the District, and have they
nc, connections and transactions with other
banks. The states perhaps will not be dis
posed to prevent the continuance of the
branches; or perhaps, if disposed, have 1t
not in their power to prevent it. There
are certainly many members, no are vii.
ling to grant charter to national bank at
Washington, who will not, from constitu.
tional objections, agree to renewing the
charter of the u. S. bank. It is our pre-.
sers opinion that Congress, tor the present
session, will leave the subject undetermin-
ed, merely passing bill to extend the
continuance Of the charter year, or till
the close of the next session of Congress.
There is very nearly tie in the Senate on
the Question Of renewal, but on the question
of really national bask, established here
under the direction Of the government in
the District, there would be a considerable
majority in favor OF it.
There has been majority in the house
favorable to renewal. We know some gen
temcn have changed their minds, or rather
determinations, on account Of instr uctions
from state legislatures. We know not ex'
ac,ly ON which size the majority now is,
but are inclined TO think majority would
be found, If the decision should take place
to morrow, in favor of renewal.
Mr.. Quincy was making very able
speech anginst the admission Of New. Or.
leans into the union, or any part OF Louisi-
ana, and endeavoring to prove the certain
tendency of such admission leading to the
tu ure admission of perhaps half dozen
s,ates in Louisiana, to dissolution, an
even, mos, sincerely to be deprecated.
MIR. SNowDEN.-' The national debt Of
England will never be paid in this world,' is
the exclamation of almost every bod y who
reflects ard speaks on the subject, and
greatly as I admire the redeeming fund j,
I air not inclined to differ from the opinion
of III multitude as to the final issue Of its
cneration. In fact Ills the interest of En-
gland to prevent its complete absorption !;
as the debt constitutes the grand tie which
the government have over the monied in
,erest of the natien, to advocate their cause
and supper, them in all exigeucies.
I,isnev: rtheless in vain to deny shs be-
ne6cial operation of the r-deeming fund,
in face of this most glaring faet--,hat 217
millions of pounds of the debt itself,
are already in the possession of the com.
mis.ioners appointed by the people OF Eu'
gland to buy it up.
To use An American privilege, guess
that when the redeeming fund amounts to
such sum as 500 millions of pounds, the
House of Commons will instruct the COM
missioners to destroy al! the transfers IN
their possession and to commence the oPe'
ration anew, as check on the future aceu-
mutation of the debt, whose efficacy has
been proved by positive experience.
By this measure the premier OF England
will be enabled to lessen the burdens OF the
people by diminishing the current taxes OF
each year to the amour, OF the inseres OF
500 millions o: pounds.
IF our legislature were to set apart from
the yearly income OF the states 'as very
modera, sum of ten thousand dollars, 70 DC