davidaulloa/AmericanStories huggingface dataset:
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

This morning, we trust, the news will arrive ol
the passage OF the Suspension Bill.-Nuxi to iha;
in interest, is the regulation Of the Custom House
and Post Office TO receive only god aHd silver or
the notes Of specie paying banks. This has not
been fully enforced by the former as the Bank Of A.
merica receive good notes for bonds yesterday on
their own responsibility Of course. Whether it is
hereafter to be enforced, we cannot ssy. LIS opera
tons certainly to be deprecated, and it is doubted
whether compliance with it is possible; In, con.
cei,c that the administration have no choice in the
matter. The law requires IT. and the executive ha,
but TO administer the law. The President has no
authority to interpose, and his interference would
be nugatory. He cannot suspend the law. lie Is
bnt its agent and administer. The resolution re-
quring specie. or notes Of specie paying bdnas la
pay nlent of all dues the United States. has been in
operation twenty years-carried in great measure
BY the influence of Mr.. Webster-1'he law of 1896
more than one year. The unhappy Deposite and
Distribution law-on the passage ofwhch, meetings
were held TO celebrate it as wing trumph-is like
TO do even more mischief by those clauses which dir
ect the Treasury TO withdraw the depostes from any
bank which shall cease to pay specie And from
the efforts OF these measures Of whig paternity their
presses rave against the government and talk Of in.
surrectou aud violence Il IS time to recrmi-
nate; We would recommend moderation by exam.
pie we'll as precept II equally duty to keep
the public well informed on public affairs, and to
disperse the illusions conjure5 UP by the reckless
presses Of the opposition.-N Y. Tunes.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

The banks in Charleston Mobile, New Orleans
and all o,her places heard from during the past
week, have suspended specie paymcnts,-in some
cases before the news of the adoption of that meas
ure in New York had reached them This was
the case in New Orleans, from whence accounts
up to the nth inst. state that six Of the banks in
that city suspended specie payments on the 18th,
when the intelligence from New York had not
been received.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

The following is the section of law under which
Collectors and Receivers more Immediately act.
Second Section OF the pension Appropriation
Law.
w. And be II further enacted Thathereafler, no
bank notes Of less denomination than Ten Dollars.
and that from and after the third day ofNiarch Ammo
Dominl eighteen hundred aud thirty seven no bank
note oiless denomination than Twenty Dollars shall
be offered in payment in aiy case whatsoever in
which money IS to be paid BY the T. States or the
Post Office Department nor shall any bank note of
any denomination be offered. unless the same shall
DC payable ana paid on demand, in gold silver
com at the place where issued and which shall no,
be equivalent to specie a, the place where offered
and convertible into gold silver upon the spot at
the will OF the holder and without delay or loss Of
time; Provided, That nothing herein contained shall
be constructed TO make any thing but gold or silver
a legal tender by any individual az by the United
States
Approved. April II. is3s.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

In our columns to-day will be found sew
eral extracts from laws now in force, circu-
lars, articles, and letter from the Postmas-
ter General, all showing that it is the inn
pera'ive obligation and duty of the execu-
tive officers 10 collect all duties and imposts
in specie, or its equivalent, and that they
have no choice, or direction in the matter,
but must execute the laws as they are
bound by their oaths to do. We advise our
friends TO bear this in mind when reading
the resolution reported to the Boston panic
meeting last week, which will also be found
in our columns.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

The new suspension law of New York
provides that no bank shall divide or pay
out any dividends, interests, or profits to
any person, until it shall have resumed the
payment of specie for its bills, or evidences
of debt (; and that every bauk coming un-
der the suspension law, shall take the bills
of every other back in the State, or forfeit
its charter.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

ures to guard against it, although they may
be measures attended with some difficulty,
and not without temporary Inconvenience. I"
"Iprotess TO be a bulIionist, in the usual
and aeeepted sense ofthat pord. 4 am for
a speGie basis for our circulation, and for
specie as a part Of the circulation, so far as
il may be practicable and Convenient. lam
far giring no ua!ue to paper, merely as pa
per. I abhOr paper; That is TO sag ire
poper-paper that may mot be
concerted into g0M or siiuer at the nW Of
the h0ider."-DANIEL WEBSTER.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24
From the Washington Globe.
WHAT MAY BE DONE as 10 Ga
eramem Receipts and Expenditures.


I. The existing acts of Congress author
ize all public creditors to receive specie for
their claims, or specie paying bank notes,
unless they voluntarily choose to take
something else.
2. Similar acts of Congress imperatively
require that the duties and lands shall be
paid for in specie, or tire notes of specie
paying banks, otherwise the public credit
itors could not be so paid.
3. These acts of Congress the public Of
fcers are bound by duty and their oaths 10
execute so far as possible and, when not
possible, from failures Of banks and indi-
viduals owing them, then they must stop,
till the laws are altered. But they must
not deliberately go contrary TO the law
wilfully violate, and clearly disregard il.
4. They have no right to proceed to al
ter those laws, or make new ones. Their
power is no. legislative, but merely execu-
tive. If unable like the merchant to pay
debts in specie, or an equivalent, and the
creditor is unwilling to take any thing else,
delay must follow till Congress, the only
Legislative authority, can meet and provide
new aid.
4. liability to fulfil contract at the day
stipulated is one thing, and if caused by
misfortune or accident, may not be crimin-
al but deliberate departure from con-
tract or lava sanction OF acts, which the
law prohibits, such as taking for public
dues promises of others, which are lot then
paid, or payable Ia specie or its equivalent
would be illegal or criminal and it
would be much better to have the paying
of debts 10 the Government entirely suspen-
ded from inability, as they mus, be, in case
of such inability, tban for any mere agent
or officer of the Government to do what the
whole American people, through the law
making power have forbidden,
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24
TREASURY DEPARTMENT, }
May I5, 1887.
A RESOLUTION.

Relative to the efectua collection Of the Pub
hc Revenue.
Resolved, BY the Senate and House Of Represent
a'ives of the United States Of America, in Congress
assembled, That the Secretary OF the Treasury be-
and he hereby is required and directed to adopt such
measures as he may deem necessary, 10 cause soon
us may be- all duties, taxes debts sums of money
accruing, or becoming payable TO the United States,
to bc collected and paid IN the legal currency of the
United States. or Treasury Notes, or Notes of the
Bank OF the United States as by law provided and
declared, or in Notes Of Banks which are payable Il
paid on demand in the said legal currency of the
United Statos and that from aud after the tw wenteh
day OF February next no such duties, taxes, debts
or sums OF money, accruing or becoming pay able to
The United States as aforesaid ought to be collected
or received otherwise than in the legal currency Of
the Y nited States, Treasury Notes, or Notes Of
the Bank of the United States, in Notes of Banks
which are payable aud pad on demand, in the said
legal currency Of the United States.
Approved Both April 1916.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24
UNITED STATES BANK.

We regret to see, in these disastrous con-
yulsions in the money market, and when
mutual efforts at Cancellation are proper,
the tone of aggrava.ion aud peryersion
which characterlzes The organ Of Mr.. Bid
dies bank in this city.
After that bank has suspended specie
payments with six or seven millions Of cir.
cuiation out, and only one or two millions
of specie to redeem it. and in panic which
its friends have iuflamed if not caused, and
thus developed its weakness, in common
with other banking institutions in such a
crisis, brought on by over trading, &c, all
the blame is attempted to be laid TO some
of the deposite banks, or 10 the govern
ment.
We extract the following from the Ma
,ional lntelIgencer of this morning:
Philadelphia, Saturday, May 13.
The immediate reasons which induced the Bank
of the United States to suspend, have been made
known. 1t is because of the SUSPENSION OF THE
CONVENIENT The bank holds some large claims
upon the Treasury, and on presenting them foI
payment the Treasury of the United States refused
by its agents, to pay its liabilities in specie In
consequence of this virtual bankruptcy and actual
suspension Of the Treasury, the United States Bank
felt itself obliged 70 suspend and thus prevent its
specie being Withdrawn for objects foreign to its
institution.
Now, did the public ever witness a great
er piece of assurance, when the United
States Bank has been, and still is indebted
TO the government near eight millions of
dollars, large part of which ought justly
to have been paid last year and when the
bank is believed not to hold claim of a
single dollars worth agains, the Treasury,
unless it has been buying some upon spec
ulaiion.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24
The Providence Journal saws tha, Mr..

The Providence Journal says that Mr..
sprague will not again be candidate for
Congress, and that he is dissatisfied with the
policy pursued by The administration. We
know TIM. the latter part of the preceding
statement is unwananied, and that the Jour
nal has no sufficient authority for such an
avowal.
Was the editor Of The journal aware that
IN speaking with appreciation of the course
OF Mr. sprague ir Congress, he was also
commencing that of Mr. Pearce. With
ont one exception, both Of these gentlemen
voted together on every question of nation
al concern for the last two wears. On ,be
first question taken upon Mr.. Bells amend.
ment to the fortlticaiion bill, providing for
u further distribution of the surplus revenue,
Mr.. Sprague voted in The affirmative
whilst Mr.. Pearce voted against i, on the
ground that there would not be a surplus
or, if there should be, that it would then be
:.me enough to make provision for its dis
tribution.
The Journal is as wise in its speculations
upon hat will be the course Of Mr. Pearce
and the disposition in relation TO him by
Republican Convention, as it is on many
other subjects. He is now private citi-
zen-and as such, until formally nomina-
ted for Congress, ought not to be made the
subject of party animadversion. Let the
editors of the Journal be quiet in regard tn
him, "A, least for the present. When fairly
nominated as candidate for Congress he
will not ask their forbearance, but vii, con.
fds in his past public services to shield him
against whig caumny and abuse, and in
The intelligence and spirit of the democracy
for his triumph at the polls.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

NAVAL. The exploring squadron, con-
sisting Of a store-ship, two bsrks, and
schooner, under command Of Com. Jones,
were passed 18th inst, in lat. 80 40, lon.
"a 40, on an experimental cruise.
The frigate Independence sailed for Rus
sia on Saturday morning.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

1t is gratifying to be able to state that no,
a single merchant in this town has failed
during The late severe pressure. Few pla-
ces of the same size can, we think, say the
same.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

% The following are the Instructions
addressed to Postfnnste:s by the Postmas-
ter-General -
Post Office, Department.,
I3h May, 1887
S;r-You will unlii further orders, re-
tain the proceeds OF your Office in your
hands, in specie, to meet the Drafts of this
Department.
l am respectfully your obi serv't,
AMOS KENDALL.
N. Il. You are directed to repor, on the
first day of every week, the amount of your
net revenue for the preceding week, which
you will pay over without fail, when drafts
from the Department shall be presented.
A. X
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

The States that have not yet elected their
Congressional delegations are Rhode Island
Maryland, North Carolins, A'abama' MIS-
sissippi, Tennessee, Indiana, Kentucky,
Michigan.
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24

@ Some of the Boston folks made
tremendous fuss last week because the
Postmaster was instructed TO see that the
law was faithfully executed enforcing the
payment ofpostages in specie, or its equiv
alent. A large meeting was held a, Fan
euil Hall, and some persons made them
selves supremely ridiculous by offering the
contained in the subjoised arti-
Gle, which will give our readers some idea
of the character of the meeting. There
" as, however, sufficient good sense among
them to rejec, the resolution, or at least, to
its sdopuon for time. They are
to NEE, and talk it over again on Saturday
uext,
The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-05-24
THE BOSTON DISTURBANCES.

We give a specimen Of the desperate feeling er.
hibit.d by he Atlas faction at Boston, q, Ire meeting
recently held ts produce insurrecton. a eoDmis
tee appointed ms prsviou. meeting made their rs
Morning herald., 1837-11-04

SATURDAY EVENING, Nov 3th.
The Yrg;na, from Liverpool, and Louis Phppe, from
Havre, the principal arrivals during the past week.
Trade Great Britain continues without any material change
while In Hsvre, Coffee wbalebone Rice, a. duh and
declining Alvces fron the interior Of France how
rather favorable than received by the albany
Nov for the trade The dry goods business
without mnch alteration. Jobbers continue busy-quite
much time last Auction sales the past week
rather Hapurchssing being principally by the city
de The brisk business the jobbers does not
irom the number Of country merchants in the city but
from the large goods ordered by purchasers nj the
souththey prelerrng send for goods instead OF coming
themselves ,sterday there four dry goods auction
zales all of which hinly atended-pces do
materially from previous sales
The packets from Europe bring very few dry goods The
Custom House appeals nearly teeed in the vicinity Of the
"Entry Clerks" Export Clerksr quite active, from
which infer that foreign merchandise still continues TO
be used 10 liquidste our foyeign debts.
Thus much Tor the dry goods trade. We have about the
&c report of the grocery business T. class
chants have been nctve as far their stocks would admit SUI
gar nolasss &c The market barely supplied
which adds fmncss, and in
quotstons For further particulars the New York mar
ket read
Cosi arrived iedsy in immense qusne 6ecn
frs Philadelphia all loaded with 10; $50 tons Liverpool we're
ssld at si5o Freghs dull 10 iiavre and the o,rng
Liverpool u fair but change rates 10 either port We
have nohirg remark copper stock light Domrs.
tic whkey Estate prison brandy has been selling during
week nj 81 3ec Sales OF rice 5c recs continue
rcmely light Beef without maeii al change Nes pork is
selling at az az dressed e51 81 smoked beef ia 2c.
Bnuer hams and lard DUH Whale oil has been iaten for
export 3Ic; crude nt 75i linseeds nredecnng
We have feature ~ thc market naval
stores sale NJ old occurred SC cash Uopsare seny
ya7c rsw been taken fcv ,he French s,tet.
Nohiuu stirring nnck,rei Coddb tas slightly improved,
ssles slal Tras' eoos in ahcs durng The veeh
Morning herald., 1837-11-04
Provision Markets.

Prices OF all kinds butchers still excessively
high corporation markets So also poultry venson,
game of every description Numerous as were The lore
saers during he past they increase IN the same ratio
couatry supplies get abundant Nothing IN
fact escapes their clutches They seize with avdiy every
thing brought by the country producers which they retail
profit; and this they the enbol
dened that the laws for suppresng these Infamous
ces allowed remain dead letter and the inspectors
appointed for express purpose Of enforcing them, continue
walking about utterly Indifferent what passing before
them whilst they pocket salaries of $500 each and laugh the
seeming acquescence cheated and nulted public that
pay them. Such the fu of that corrupt system intro
city councils nest of the greatest political
knaves called wings, that disgraced any country
We were much pleased with seeing maay steamboats,
soops other craft lying our wharves this morning full
ly laden with pork butter poultry apples and excellent fire
wood which had the evident effect OF causing the price Of
provisions TO look dowawards. Now is the time lay in
apples petatoes for winter The former selling
in the 81 l25 the barrel ana the latter 57i
abushe Cabbage also, is abundant and reasonable
Dressed hogs from 81 750 the fer which the
liking butchers have the modesty charge S2 Butter Is 3D.
apound.
At time when butchers meat is excessively high price
economy in its use cooking should be
the day. In the latter point Of vew comparison OF the loss
incurred in the usually employed roasting
and bong interesting though has occupied
attention Importance of the subject demand
Wallace Of Edinburg having made several expert
the less which undegoes in cooking
has given the following results
100 lbs Of ''''''' i ::::.:s s:'ss; :s'''' 9
in baking, 80
lost in boiling 2ll
100 lbs Of do. average 10 lbs each lost in
roasting 81
100 lbs Ioins do average lbs o. eacb lost in roast
10 lbs necks do average 10 each los, in sting 32
Thus boiling bee Tor wasless than
ing And appears that loses by the cooking about
fifth 10 third
Morning herald., 1837-11-04

the lives Of bis passengers s5Oo and sueeeedsd
and be
down In steamboat hired for the purpose and sue.
Ss% 'Ss u Sss SSs
reported of seuae Captain Basst and u others in The
f Pymoas She been IN he three
aay'-'he Mas a "o%1es TrssIss 8 prs;e1ggeTt es1ggokEN
o oct ISh lat 4sa5 lon ls5 .smsser, Moore from Lon
dG l's 4shSy cafy s h a. %
Mah from New york for Norihi under reeed foresa
oe 10 lat 81 lon A" aa Iasranss from New Orleans r
New YorA-by the Lady Washington at hispor (rhe La.
Doane sayannah for New York. arrived here some
FOREIGN PORTS.
ST. THOMAS, Oct 9--liope Retrieve, Tarr, New York.
HAvANA, Oct. l9-Ar Norma, Barton, New York
els up New York, suly, Lines is; ulca, Pe, aiih
MAsslLITs Oct 5Fancos de sale Foie New York;
Sd John Hale crowe Charleson 4h, pd can'on Howard
UNITED STATES PORTS.
PORTLAND, Oct 3i.-Ar. Mark Getcheil, rhomason tor
BosroN Nov. I.-Crd, Columbana, Barker New Orleans
Taaqun Hunt, do; Lexington, Crowe, New York; Cam
Martha Russell dol carissa, Dawson, DO; Senator, Robin
sALrM, Nov. i.-spd Washington New York.
NEW BEDFORD Nov. l--Ar. Ann. New York; Huntress de-
EaS do Herald a D Ssw ye a Charles
= FALL RIVER, Oct, 3o7Ar Joseph Brown, Brown, New
Swan do.
NEW HAVEN, Nov AR. Mediator New York; Lady Fen
wick Frsbee, do.--sPd, Abionr Thompson do.
PHILADELPHIA Nov L. Ar. Amer, b. ale New York; Mary
Deal do; Jesse, Smith, do-cpd, Rut Lmy Corles, do
Sarah sm do Marsare Marsh A.. he schuylH
name, do Jas r RiGsT, Lake, do Eltabeh Rebecea
Elizabeth Ellsworth, se Sarah Hannah. Lake, dol sama
ran Co sou, do; Native, Birch, de-; Ariel Bull, do.-cpd
from do, Ann Maria liza shon, New York; Scota Greely
DO; G. erly MeDerpol! do; Bornt saieht, Cramer, do
Coaster, Smith, dol John M Clayton, do ~ Reeves
BALTIMORE, Nov lAr. Celeste, Terrell, New York-pd
Direct Briggs,
NORFOLK, Oct. 30-Ar Irene, New York; Ma onc. do.
Baltimore; Baltimore, do for do-Slsi, VII gnan Woglom
New York Control do; lagrange do; William, do who pr
In in distress, having lost main boom.
Morning herald., 1837-11-04

$50 barrels Po ESQ., and 500 do. pearls sa76 whalebone
has declined; sales have taken place 1T 72c.
Flour and Grain-Flour sst is held at this price,
but sales less The stock in the
city very lght-much than the same time last
ther immense supplies prices will he higher this winter than
they last There very little wheat in the markets we
hear sales Of northern crop) sl2 and southern
S10 liz We understand that orders have already
foreign gain and this right in the face
of the immense crops this country How can this be We
ask the question, but the time know it to be fact
SugarsThe market is very lightly supplied-which has
caused all descriptions Mu.cevadoes have
fully improved and in instance @. advance was Oh
tanned. We include sales of rs boxes Brown ST. Marha o.
bxs Brown Havana 81 c.. rs do White do lea l3
100 do Canton White ia 400 hhds NewOrlears, sc i75
do Porto Rico, 0 a 9lc
MoassrSales during the past week have been small but
prices fully suslanedPoro Rico sold at AZ 4St
Matanzas, SO c.
Coee-Trans actions during the week comprise SEQ bags
Rio lo1 c.; 500 do. St. Domingo, 10 $50 do Caba
I0l c, Toe sup ply continues very ghprces remain firm
consequence aness OF the Stock sales were small
Auction 20 baskets Phoenix Champagne Sit
81 so Indian barrels White Wine 35 20 Or casks Ten
nerr Wine As 80 do ST. Lucar do q 81 40 bags
Rio Coffee 81 10 CT 900 boxes Cluster asins 81 40 42t
As chests Hyson Tea 80 50 As half do S7l 10 do do
Young Hyson c. 136 chests do, IS 40 rs hirteenb
bxs do 3 CT weiveb do do 36 5chests Imperial
81 c.; l2 thirteenth bxs do 6 81 sxb bxs do VI CT ~
half chests Skia 45 thirteenth. bxs do 3o SO half chests
Young I 35l SO IA chests do 35l c. 10 hait ches
Gunpowder 55 60 SO thrteenlb bxs Imperial 90 C.; 10
half chests Soucheng &c cash and sir months
Morning herald., 1837-11-04
Sales at tho stock Exchange.


FRIDAY EVENING, Sept 3.
Great difficulty exists In accrtfinng the Of
cotton retained home for regulation should
be made require the pounds to be returned the
Custom House Official data of his Kind would be invaluable
to the statesman But government apt 10 do any thag
that does yield revenue absolutely
We therefore reduced the sy Of subtracng the
exports from the estimated production i've at the
retained for home We shall therefore by OF prepare
ton lay before you table from the United States
from 1870 1885, careful study Of this statement will
MS 10 arr catso some ecurc ts
Morning herald., 1837-11-04

Let ~ exports with those OF other eoun
tries al different times, and sh what an ruence this
repnbc has lad trade Of the world since 100.
1901. 1891 1921 1884
United Sa.es lbs 20 100000 12io0oOO0
Brszn, ~ 090,e0a 24e00.0O0 $4,000 900 5000 400
West Indies, 12,o0O,000 100000 90G00h0 8,O00000
India, 30,e000pe 5o,Ooo 900 sc,n0o0oo
Span. America, 0,000,0oo 100000
Egypt, 5,5o0oco q, nno.00o
GA swhere, 100000 7,0O0oGo 5000 600 100000
FROM thes, ssfemcRt II Is evident that te proportion OF
he foreign trade In cotton to the growth manufacture
and consumption OF the same but small part Of the whole
OF pounds In 1895 five hundred and thysix
0ioN Of pounds, OF which this country contributed three
huadred ard eightyour millions, tbree.fourths
In shall be able give the foreign ports from
the different in order where The supremacy lies