Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1812-01-29
GINA;
AT Charleston, the State bank
al NJ. Orleans, the bank of Louisiana.

, E = -
At Charleston, the State bank
AZ N. Orleans, the bank of Louisiana.
Partial deposits had previously been made IN
the bank of Pennsylvania, and with the Man
haitian Company, as was in former report
stated to congress. At Norfolk and New Or
leans there was no choice, as only one bank
was established in each OF those two clues.
The revenue bonds are divided equally at
PHILADELPHIA between the two banks employed
there. The colecto s of New-York and Bal
timore have been directed to deposit about two
third. of the bonds with the Manhattan Com
pany and the bank of Baltimore respectively,
and the other third in the other bank employ
ed in each place. The collector Of Boston de-
posts unfortunately in the Union and Mas
sachusetts banks, but generally to large a.
mount in the first.
All those banks, with the exception OF that
of Norfolk, explicitly assented to the condl-
ton required, and transmitted answers similar
in substance to that given by the bank OF Penn
sylvania, (No. D. The answer OF the BANK at
Norfolk, (No. 81 was also in the affirmative
but more cautiously expressed There being
but one bank in Virginia, which must neces-
sarily be employed, and the public deposits
compared with its capital, being inconsldera-
BILE, it was thought ineligible to ask any other
conditions, and the letter ono. g was accord
ingly written. -,
TO all the other banks above mentioned,
the letter No. A. was written, informing tneli'
that monthly statement OF their situatlon'
which would be considered as confidential,
and the same accommodation in the transmits
sion of public monies as had heretofore been
received from the bank of the United States,
would be expected from them. FROM all OF
them, the State bank OF South-Caroilna except
ed, an answer in the affirmative was received,
similar in substance to that given by the oank
ofpannsylyania, ono. S. The answer OF the
State bank was modified by reason OF some
particular provisions in its charter. ne an,
swer and the reply to it are marked No. and
8 IF the alterations in the charter therein al
luded to- are not obtained, it may hereafter be-
come necessary to place the public monies
collected at Charleston in another bank.
Previous to the establishment OF the branch
bank of the United States at Washington, the
bank of Columbia had been employed In pay
ing the dividends on the pubic debt, and
transacting all the treasury business at the
seat of government. 1t had afterwards con-
tinued to receive partial deposits arising from
the sources stated in former report: and
since the dissolution of the bank of the United
States, the treasury payments have been
made through that bank and that of Wash
ington in the manner explained in the letters
No. to l3.
The dividends on the public debt, former
Iy Maid Of tbe hank of the United States and
its branches, are now paid at Boston by the
Union Bank, at NewYork by the Manhattan
company, at Philadelphia by the bank OF Penn
sylvania, at Washington by the bank OF Co
lumbs and at Charleston by the State BANK.
The other banks in which public MONIES
had previously been and continue to be depo-
stied, are those of Maine and Saco IN