The enquirer. [volume] (Richmond, Va.) 1804-1815, 1812-04-28
DOMESTIC.
WASHINGTON Anril g
April 10.

DOMESTIC.
WASHING TON, April 80.
., The mortal remains of the late Nicc-Pre
sident OF the u. States were on Tuesday e.
vening Inferred at the burial-ground near
the Navy-fard in this city, in the presence
OF a concourse of people greater than ever
has been gathered together in this city OH a.
ny similar occasion. The shops were shut
at an early hour and general gloom per-
vaded all ranks Of Society. The hearse
with its escort reached the Capitol about
q o'clock, and the procession moved thence
IN about half an hour afterwards, in the or
der which was announced in our last. The
scene was awful and impressive. The mar
tai parade, the glistening arms and holding
piumes OF the. military corps which prece-
ded the hearse-the solemn melody of the
martial band which attuned all hearts to
melanchcly-the sable hearse, attended by
eight veteran pall-bearers, who partook Of
the tolls Of the revolution-the well-known
carriage of the deceased-the Chief Mags-
tIate Of the Nation mourning the loss of one
OF its noblest sons--the Senate deploripg the
loss OF revered President-But why parti-
culariy describe the heightened train p
Suffice 1t to say that this assemblage of
mourntul and interesting objects inspired
feelings suited to the OCCASION. When a
CLINTON descends to the tomb of his an
cestors, it is fit that the whole nation bewail
the general loss and history mmortalize his
name. Hallowed be the ashes of the honor
ed dead
The. President of the United States has,
by message, recommended to Congress the
appointment of two subordinate officers in
the War Department, as Deputies to the
Head OF that Office, the important ana eX-
tenslve duties of which, as now arranged,
have become too burthensome and latorious
to be performed by any Individual.
From the information that has reached
us from different quarters. there is the
strongest reason to believe that the LOAN
| to be opened on the first day of the
next month will be instantly filed In
deed we shall not be surprised, if double
the amount wanted by the government is
| subscribed for OH the first day. The asvan-
tages TO the individuals who may make adj
vances on this occasion are too great and OBJ
vicus to escape the penetration of nionicd
men, The gradual manner in which the
sums lent are called for will enable most
monied men, without risque OF embarrass-
ment, literally to embark portion Of their
resources. The money thus loaned will not
DE shut up in the Treasury. orthe vaults of
as received, and will, in most instances, re-
turn into the very channels from which it
was drawn. 1t will principally go, first in
INTO the hands OF our merchants, and after
aHording them a profit for their agency.
fall ultimately, to great extent, into the
hands of the growers and manufacturers of
the produce and fabrics required for the
! support of our land and sea forces. So far.
consequently, from producing any stagna
ton OF money or business, it will give ne W
lie to both, and in this way, by gradually
| angmcnting the ability of monied men, in
spire them with confidence in the subscrip-
| tons they may make. Should indeed any
| unlocked for obstacle arise towards a COM
pilance with. their engagements in paying
their accrning instalments, there can be no
doubt entertained of their ability to dispose
! OF their stock; so far &C paid up, ~ par Of
all modes OF investing property, loan to
government in full credit subjects the len
der to the fewest Inconvenience. The GER
tlhcates he receives partake so nearly of the
character OF circulating medium, and are
so readily convertible into specie, that no
man; in whatever business he may be en-
gagged, or however circumspect he may be-
need to hesitate, as he can instantly, whene
yer he wants money, receive it for his stock,
and long experience shcws that the pub
lick stocks are less exposed to depression
than any other description Of property. 1t
is certain, moreover, that if they should be
materially depressed by any great national
calamity, every other species of property
would sink in as great, if not greater ratio
In making these remarks we take it for
granted that our government is honest, and
will in every vicissitude Of fortune be true
to its engagements. No man, we believe.
be his politics what they may, has the least
doubt on this head. All parties and all de-
scriptions of men agree in the nviolable
| sacredness of public credit.
From the irrhdecmable quality Of the loan
for twelve years, u period which must great
ly extend beyond the duration Of any war in
which we may be Involved, there is a good
prospect that OF the return of peace, espe
cially if it should be accompanied with an
European peace, this stock will rise cons-
derably above par six per cents of the
United States having already under such
circumstances been at twenty-five per cent.
above par.
There will be one most important fea-
turc attending the stock created by this loan.
While almost every o.herspecies Of stock
in the country is taxed, this will be EXEMPT
for we have not the most remote suspicion
that our government viii ever resort to such
tax.
1t is fair subject for fclicitation that the