Litchfield enquirer., 1837-11-16
Correspondence of the Boston Atlas.

Correspondence of Me Boston Atlas. The r s. Bank and hhe Secretary ofthe 7reosury- Secret History of the proceedings touching the pay WASHINGTON, Oct. Eth, ls37
 our readers cannot have forgotten the several ex- hbits of the financial affairs of the country, presented to the House during the late extra session, by the chairman ct the conlme of Ways and Means, showing most conclusivev, as the chairmnn alleged, that unless the Treasury Mates ssned, the Gov ernmcnt would have means to go with, afer the middle ot October; and every body who paid any at- !enion to Ie proceedings of Congress must renlem, Der, how thc Treasury No.e Bill was forced through. with hardly any chance for discussion on the very ground, that the instant issue of the no.es tial to save the Government from an absolute stop page of payments.
 Yet for all these cries of distress these pressnr re- cesstics the middle of October has been passed ths two weeks, and not Treasury note has been issued! What IS the reason
 How has the Go .e.1l,nen. been able to get on7 The expectation of the Government was. hat these notes bearing no interest at all, or but nominal in'e res', would be equally valuable with specie, could be exchanged for specie; might he paid out as specie; and woul1 command specie in inc market. In all these particulars they have found themselves tctaliv mistaken they have net hecn able to raise specie on the notes, except nt ruinous sacrifice; and public creditors have preferred to receive treasury dras article which has obtained cera credit in the mar ket, rather than tEc:e new fashioned notes, to whose value nothing is yet known.
 But there certain dehisthe office holders sal- aries for instance-which the Government, undertake to pay in specie and the treasury notes having fal ed to answer their intended purposes, how has that specie been raised will tell you.
 Cambreleng, in all the various exhibits which he the instalment of million and hall. due from the United States Bank, would be paid in Treasury, Transfer drafts Towards the middle of the session, to impart any of his knowledge to the House. The facts asI understand them, are these:
 The Bond of the Bank. was payable in all Sep.em- Woodbury, according to his usual laundering course, omitted 10 demand tho money, as he should have done; but early in October, sent messenger .o the Bank 'o inquire why the Bond was no, paid Bidde replied, that he had been, during the whole of September and ever since, ready to pay whenever he was called up- on.- The Bond, he said, was payable at the Bank; ernment, and would pay the money at any point which the Secretary saw fit to name. An officer of the Bank was sent to Washington with this messace and at the same time hc was instructed to inform inc Sec re'ary, that the Bank would pay some three hundred thonsdnd dollars of tho deh' in protested Treasury Drafts. some scren hnndred thousand doilars more in protested Transfer Drafs,i drafts delivered to some of the States in payment of their portion of the third lnstalment of deposies, whchwere protested for non- payment and bought up by the Bank; and the re-
 The Secretary pricked up his ears at the sound of gold but he demurred to the Transfer Drafts. and eter some time, he told the agent of the Bank that he had obtained m opinion from the Attorney General Butler you know manufactures opinions to eFder- according to which the Transfer Drafts could not he received.
 This information was transmitted to Bddle who Transfer Drafts and specie all in mass, 10 the Sec retary m payment of the Bond and leave It to him to accept the tender or not, as he saw proper.
 It was now almost the last day ot the session; the Government gold was all out; they were making a great noise about it in the House; and the Secretary of the Treasury had been obliged to borrow fkrsy o- sond dollars in silver of the Bank 0f the Mesrcp0s to pay off tke members. Hnf million in gold was ter ribiy tempting; and besides, the Secretary was good deal scared at the idea of tender so Saturday night at about twelve o'clock, Mr. Wright. of the Senate, caused section to be added to an appropriation bill from the House, authorizing the protested Treasury Drafts to be received in payments to inc Govern. ment. The bill came back to the House with this clause to M Every body knew that it had sosaeihihr
 to do with the payment of the Bond of the U S Bank put what that sonehing was no body could tell In- Suir,es were made; but answer could be got, and the House passed the bill without understanding what It meant; the Bond was paid and the Secretary of tne Treasury got half million in gold. It per- tect godsend He has been living upon it for the last fortnight; and by this time it must be nearly out- What he will do next, Heaven only knows Idare sey that m day or two the Treasury Notes will be- gin to make their appearance.
 THANKseIvrNe.-Governor Pennington, of New Ter sev, has appointed Thursday the SOh inst as day of Public Thanksgiving in that State. The SOth of No. vember will therefore be observed as Thanksgiving day in Massachusetts. Connecticut. Maine, Mchiean. New-York. and New-Jerey; comprising popula- ton of over A,O0O,eoo.
 t is said that General Jackson s rapidly decIn;ns m health. His constitution received violent shock on receiving one of the TreasHry EoSss, @ Rv the SS--s said the old Chief does Van BuFsn call this walking in ~y footsteps I"--Ssar.