The Portland gazette. [volume] (Portland, Me.) 1818-1824, 1821-01-15


To OUR SUBscRIBERs--Th Government do net
much honour paper Biih their notice, as to dc
sgnGts IL 10 promulgaie the lacs of the State Yet zoe
could hare patrons clearly understand that zoe
shaH ,cithout the aid of he State Treasury publish
regularly and promptly all me ast. ana resolves Of
The Legislature aad all The Oker proceedings Of the
government, Scici may IN The least, be interesting
10 me psbtc. We hope, therefore that our friends
and subscribers rCtH not be under any apprehension
for hare heard IL ilsinuafed that ace shall moi
furnish them and IN season, nth all important and
interesting information, '0siheT Il the local
or the general gorernmsnt
The Legislature Of Maine commenced its
aecoHd session 10 this town onW ednssday last
a quorum of both houses was formed 90 the
frat day. and many new members we're quail
flied and took their seats. On Thursday at e.
leven O'Clock the Governor sent his message
by The Secretary of State to each branch OF
the Legislature, which will be found under the
head of legislative proceedings.
Congress have been busy lately in search
ing for the means OF retrenching the exPend-
lures Of our government, a task which needs
their vigilance aud may well employ thsir
time. Whep il is considered that last year a
loan Of 50 900 0Oe was made, and that this
year. anoher OF $1,000, 600 is recomm en-
ded IN 2 tine of profound peace, when no
emergency has arisen to rsquirs extrsordina
ry expenses, The rejecting citizen cannot but
be impressed with disappointment and regret.
The enquiries of the house of Representative,
have also been directed 10 the alarming list Of
defaults add surely If any part ofthe admin
istratioR need redress, u is The unparalleled
extent Of public defaIcation. 10 document
lately presented to Congress from the Tress-
ury, there appears TO be an unliquidated bal
ance due from thoss who have sustained rank
under the u ;. Of more than fifteen millions
Of dollars.
Mr.. Vandyke on the second day of Janus-
nv introduced into the Senate bill on the sub
lest OF BsnkrUPicy. whose object IS to pro
vile an uniform system Tor The Union The hIli
passed TO second reading what will be IT,
fate cannot be determined. The difficulty with
that which he introduced at The last session
was, an incumbrsuce of provisions, that des
troyed the fundamental principles OF system
OF this kind Bankrupt laws are intended to
aid commerce sad through thai. all other bran
ches OF Industry, by inspiring confidence IN
the community and extending the means and
advantages OF credit they should therefore,
and ss far as our Knowledge extsnds alwsys
have been, applicable 10 merchants or traders
only. Applied 10 other professions asd occu-
pations they become as two edged tool, cut
ting both ways Farmers have moi. and none
expect il, tie same punctuali,y in paying their
debts as merchants credit is not to them of 30
much importance, but if his property is 10 be
taken out Of bis hands whenever he shall be
unable TO meet his debts on the day. and sac
riiced under the hammer, as it would be it he
were made The subjsct of a Bankrupt law, you
DO hlm a serious and lasting injury.