Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1814-12-06
T..fasura Dnqriucs..

-
TrsasurN Dsoqriarss.
sS.srsm5e- y. 1911.
Si3-i have tina hnaor To ne
kaasIetge the receipt ofvoar letter
reqaestia: for 4 cannitte- Of The
E,ssr nG Representatives. sn opinion
u.,oa tue Relieving. epglirias:
4. TIE effect which considerable
issus sf treasury notes. with the
|, gaa!ity Of bein, receivable in sub.
scrip,ioIs % National Bank,
will have u3sa ,i,e credit OF the
gsverunept ,ad par,isn,arly. ap-
a. the prospects afa laaa for f8ia
3. The ,raesieahiii;y ofgeitiag forty
fear m;.lioas Of treasury notes
forming pi,h SIX 'eil,ieos Of spe-
eie. the capital fsr a N-tinnai
ns1kl iq.o circulation, without
eeprerbaisa
Is.s esoairies Of the comni'tee
ea,a,t he satisfactorily answered IN
IL, aas;raei sd' mast he consider
eli. coaascyiaa with the State sf
Oh. ,;s.aess. aud the STATE OF the
faSiie vreait.
Yhea 1 arrived \. Washington.
to rreasary Was snifrsIas under G.
~. Rad 81 embarrassment. The
d. t.aais uoc, il were great 10 a
p,1a;. ua;lo the means 10 satisfy
t,i,.1, we're comparatively small:
,s..e,siaa. in the csliecti,n. aud diff
f.a,, ia the application. The de.
r,na, consisted of dividends nl'oa
oI AM res i'ua;ied dealt. III tre1su.
~ ao.es. ani ofiegisiAsiTe appropsi
aiiass Tor the army. the sayy. aud
TIE earreat serviee-;,il u-gsat, and
in,,r,a,f. The ,neans con,l.,ed:--
First, Os the frasmsat OF an al
a .rity 10 barrow mo1ey, uhcn no.
body was disposed IL Ieud. and 10 -,
SUI. r.asary notes whicaaone but ne.
crssii.as creditors. Or contractors IN
distress, or comni.saries, garter.
masters and navy asepts. acting as
il were oRcislis, sesa;sd wi!iin, TO
ars,nt:-3econl. Hf the aaount OF
bank s.raiis scattered throushaut
the United States, and prioei!,aiiy
In .sAs southern aal ~estsra banks.
which had been rendered il 4 de.
grae useless, b, tae stoopass efpay-
n.,.ns Il, s:,scie. aua the consequent
/ spsss,isabi'ity of.transferrinss the
pa5lic ffaaj. from on- slnce. TO meet
the suhlis eaga-e -en's IN as''her
pi.se: Aud, Third. 1f the current
.as.Is Of @osey fsom the imao.i.
fsa... iaserual. ,lu,ies. and from the
s.iss,.s auhEe land. which ceased 10 !
h. .sauaia.isa Of any rational esti- |
mate, cr reserve. 70 provide even Tor
Tie lissAsais GA The funded debt,
" eraii usa foaad that the Freasu-
r, Mates fsnly requiriag. indeed.
eas, nav silenf at ths distance OF a
y.srl 10 whoms0rver they were is
sasi alths treasury. asd almost as
seoa as thsy vera Issued. reached the
h .a,,s OF tsic collectors. ia payments
OF lshts. dates aud taxes; tkus dis
aaa defeating the only
expectation Of productive
revenue.
UsJar those circumstances which
had che henar to communicate q"
the Com aittee of Ways and Meaus)
!, -he.aae ihe duty OF this depart,
meet to end-aver orcmase the i'm
medis,e pressure from the treasary;
IL eniessor 80 restore the public ere
lit; aaa TO enieassr Z, pre,ide Tor
The exacoecsst tl,s easGing wear.
TIE Only measurcs. that occurred ts
NV miaa. fav The accomplishment OF
,nca impsr;aat objects. have been
rss .p'eito the vicv Of Congress.
rae art sath.riziaS the receipt Ut
sc..s1-y Yates IN s1sya,-nt OF sub.
q sipsieas 70 a puiiii- lean. was pas
sa, i,sear, too lao 10 answer The