davidaulloa/AmericanStories huggingface dataset:
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
THE BANK OF VENICE.

BANK, or BANco of Tenice commonly called
bdnco del guira, was established in the middle
Of the twelfth century, or, as Anderson suggests,
(fiist. Com. VOL l. p. 94) A. d. 1857, though
some have dated its establishment in l176, or
somewhat later.
II is properly board Of public credit or in
terest, or general and perpetual purse for all
merchants and traders, established by solemn
edict of the commonwealth, which enacts, that
all payments of wholesale merchandise, and let
tiers of exchange, shall be in banco, or bank
notes and that all debtors and creditors shall
be obliged, the one to carry the money to the
bank, the other to receive these payments at
banco; so that payments are performed by a
simple transfer from one to the other; he who
was before creditor on the bank books, becoming
debtor as soon as he has resigned his right to
another, who is entered down as creditor in his
place SO that the parties only change name,
without any effective payment being made.
Indeed there are sometimes actual payments
made, especially in matters of RETAIL and when
foreigners are disposed to have ready money to
carry off in specie or when particular traders
| choose to have stock by them to negotiate in
bills of exchange, &c. The necessity of these
effective payments has given occasion to the
opening fund of ready money; which is found
so far from diminishing the stock, that this lib
erty of Withdrawing money at pleasure rather
augments it..
BY means Of this bank, the Republic, without
encroaching on the freedom of commerce, OF
without paying any interest, is mistress Of
| 100000 ducats, TO which the capital of the
bank is limited, to be in readiness on any press
ing occasion, the republic being security for the
capital.
The original fund of this bank was two mil
lions of ducats, (ducat 9s-6d, or about 50 00) In
one of its wars with the Turks, the state became
security to pay the money lodged in it, which
they had been under the necessity of using in
the exigency.
| It's dgio in process Of time, arose so high as
to be thirty per cent. better than current money
although the state BY several edcts endeavored
to keep i, lower. Its capital was afterwards
made double the original sum and the state, in
another exigency, made free with the increased
capital. In after times the state enacted, thai
bank money, or the agio of the bank should new.
er exceed twenty (20) per cent advance, as il
still remains to this day.
The constitution Of the bank was originally
founded upon such Just principles, that it has
served as model in the establishment Of bank:
in other countries, and the administration Of its
affairs has been conducted with so much nteg
rity that its credit has never been shaken; ane
it has been Of infinite benefit to the state. Fo
adjusting and balancing all their accounts IL
banking they shut their books four times in ev
cry year, for three weeks at each period.
Accordingly Venice may boast Of having
given the first example to Europe of an estab
lshment altogether unknown TO the ancients
and which is the pride Of the modern CONNER
cial system.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
DEPRECIATION OF THE CURRENCY.

The most subtle, but the most sure Of all
means of robbing the laborer of his hire, is by
degrading the currency of the country. II is by
this means, that the English Government has
been enabled constantly and successfully to rob
labor of its reward, for almost three and half
centuries from the 2sth year of Edward |. I'd
the 9Th year of the reign Of VICTORIA from
Ammo Domini 1900, 10 Ammo Domni lS4l. No
means to make the poor poorer, and The rich
richer, and 10 PROSTATE the people at the foot OF
power, could have been better adapted to its end,
than this Of DEGRADING THE CURREN-
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

II The Richmond Wing says it is beginning to
understand things, inasmuch the Madisonian, the
organ of Mr.. Tyler exults over the defsat of the
Wings in Maryland and Georgia. If this be So it is
wrong; but we have not received the Madsonan con-
tanning such exultation.-Nelo Orleans Bulletin.
Nor has the Richmond Wing, nor the Cou-
rier and Enquirer. The accusation against us
is untrue, yet we do not doubt that the Courier
and Enquier has repeated it often enough to
believe it. The most extraordinary appeal made
to the Wings we have yet seen is that of the
latter paper, in which they are exhorted to arouse
for the sake of notifying the Madisonian, and
preventing US from exulting over Wing defeats
The appeal is strange compound of insanity,
vulgarity, insolence and falsehood, which we
presume nobody will regard any more than the
howl Of hyena in menagere.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
THE wAYNEcoUNTY RECORD INDIANA,

We are happy to perceive that the editor Of
the "Wayne County Record" in the following
paragraph, has "set down the defeat ofthe Wing
party to different cause" from that TO which
| we ascribed it:
"The Editor Of the Diadsonian' attributes the de-
feat Of the Wings to the fact that since the Vefoes
OF the President, Mr.. Clay has sought to become the
leader Of the Wing party; and that the recent cleo
tons exhibit proper rebuke TO his ambitious preen-
tons. Such conclusion Is doubtless desirable, and
may be satisfactory the Editor of the MIdisonan
who is the acknowledged exponent and defender Of
the Presidents views, but very certain that the
Wings Of this country set down the defeat of their
party toa very different cause They charge the dis
union and disastrous results to the Wing
| party, on John Tyler, who, elected Wing, and
pledged to carry out Wing measures has turned trait
to the party that elevated him to power and in SO
doing, has thereby dishealtened and dissension
in the Wing ranks This is the true of the de-
feat of the Wings"
But we are at loss to perceive how this
''very different cause" reflects any great honor
upon the Wings, which was undoubtedly the
| aim of the editor. We cannot very clearly per
ceive why the Presidents turning "traitor
ranks" Of true-hearted, patriotic, and devoted
| Wings! Was it not their treachery to their
own principles and professions that caused the
"dissentions 2"
This pretended ''treachery" to the Wing par.
ty is very paltry excuse for their "dissension'
and ''deftat." Did the treachery of Judas make
the disciples yield up their faith J? or the
treachery of Arnold cause the patriots of the Re
volution to throw down their arms
| The Editor of the "Recordn must discover
some ''cause" more german to the purpose =
| ay, and remove the cause too-before he can
count upon any fair prospect of either Wing
victory, or Of "heading John Tyler"
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

CY, 10 ensure the degradation Of the people
The success Of three and half centuries, attests
the atrocious forecast Of the experiment, and
the prepense malice Of tyranny by which il has
been SO successfully tried
From the Norman conquest, 1866, TO the 2Sth
Edward Ill, twenty shillings in tale, were er-
actly pound in weight. But from this period
to the Sd Edward vi. (l549) the degradation Of
the coin was constantly increasing, till its no
minal value increased from 20s. TO ~ three hum
dred and fifty per cent.-and or. was called
pound-and { became f3 IL. Gold does not
apPearto have been used as currency till l344-
when the pound weight of gold was coined into
fl3 IS. 4d.-the pound value is now swelled
into f46 Ids. cd.
We have seen the same mode Of plumber and
oppression practised in our own country by a
species OF similar means, adapted 10 the same
end, which has produced like result, making
the rich richer, and the poor poorer.
In half century, the number Of Banks have
increased from three, to nine hundred and one /;
and from capital Of three millions to near four
hundred millions, on a metallic basis of only
between thirty and forty millions-thus issuing
twelve nominal dollars in rags upon basis Of
one in coin-thus degrading the standard Of va
lue eleven hundred fold.
Need we wonder at the condition Of the peo-
pie, and the country, when we see the cause so
plainly2
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
OFFICIAL.
JOHN TYLER
PRESIDENT OF THE UNITED STATES OF
AMERICA
Baltimore, Nov. !

TO ALL WHOM 1T MAY CONCERN.
Satisfactory evidence having been exhibited to me
Of the Republic of Texas for the port of Norfolk in
the State Of Virginia do hereby recognise him as
SUCH and declare him free to exercise and enjoy such
functions powers, and privileges allowed to the
Consuls OF the most favored nations in the United
States
In testimony Whereof have caused these Letters to
be made Patent and the Seal of the United States to
be hereunto affixed.
Given under my hand at the city of w Washington
the 23d day OF October, A. ID. lSil, and Of
IL. S. the Independence of the United States of A
merica, the sixiy-sixth
JOHN TYLER.
By the President
w. S. DERRICK, Acting Secretary Of Stale
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
A NATIONAL CURRENCY.

The INDISPENSABLE ELEMENTS OF A NATIONAL
CURRENCY must combine
|. Uniformity.
ii. Safety.
iii. Convenience
Nv. Convertlbility.
V. And entire public confidence.
Invarabity in value is the great desderatum
of currency. So great is the advantage of a
paper currency over a metallic, that its tendency
is rather to increase than diminish in value,
when the basis is perfectly secure-and no
greater security can possibly be given, than the
pghted faith of the Government, TO whose
of the people. This is the highest of all posi-
bic human security
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

To ConREspoNDENTs. The communication from
PHLo. BAY STATS, addressed to the Editor Of The
Wayne County Record" on the subject Of the Err
chequer" shall ppeaI in next paper.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

selected State banks. TO be kep and di.borssdi Eve
ybody knows the collected revenue could be ~ them
more cheapy and as safely kept, and convenient
~ dsbursed, than possibly tho same services b.
performed by individuals.
The Presiden, has already done, al least, much
10 Crafty the Bank party as he can consistently with
his past opinions
PUBLIUs
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

DIAM SERMONS by the author Of the ceIe-
i brated Oxford Tracts for The Times" in
vols just published this day received for sale by
oct 80 VI. TAYLOR.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

In THOSE THINGS WHICH ARE ESSENTIAL LET THERE
sE UNITY IN SoN-EssESTiALs LIBERTY AND IN ALL
THINGS cHARiTY.-Augusfin.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

MISS LANNON'S POEMS.-The Poetca
lNl Works Of l.. f. l.. complete in two miniature
volumes, richly bound and gilt, price 81 25. Publish
ed for 642, this day received for sale by F. TAY-
LOR.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

T EE'S OBSERVATIONS ON JEFFERSON,
IL second edition with notes &c. &c, an additional
supply this day received for sale by F. TAYLOR.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

meeting u the friends u NJ Vas BpsNs wss
held sefersbly ~ publle nos,cs - Hgiishas. "a
Monday evening issi Jrha ii0fn pfessied and ".
bert r Cbns,y acted sssscreisfi A commlitss 100.
.,s,ing 81 Saailsl Hat Alexander Bypwn. lehn ~
pier A ndiew Miller andM ilaAa tsdnofs apFs1is'fA
10 DRAFT rssoaan. expressive y ~ ssp-s = ~ asi
ing The majority ~ ths comnisise ~hlsl thss ~
proved of the caufss n No Vas BraES, ,hpast ~
nomination ola esa;siaiis ~ nsri pseeiisssy W
mature the miaorgy wsfs n tatet ~ untasdsass ~
qaniration The meeting sainrrisA pah ~ NJ aFt
and adjourned wnhou d,ng any th.nf
We we're satisfied, that ~ t@kinr Us 49, 4 10
subject, some days agu wsfs ~ eAlffsstnE 80
oanion ~ large majority - ~ aeuifsfstr isf't
The next session ~ tppsfsss q BE- slfal4 f.set
over and the course 81 Pfyssssi tyiEa ssfsftsfnsA
before any definite action v ~ esadeiste - ~
democratic party .houl1 lsAs l4scs fAR s~tf &C.
hnsl
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02

Senator'S.
Thomas o Conner, j. G. Gotsburger.
Assembly.
Tighe Davey d R. J Jones,
d. G. Pen,z, Solomon Townsend
q. Weir, J. l.. o Sullivan,
Paul Grout, Auguste Devazac,
c. Scbakhammei VIM McMurray,
M B. McLay, Michael Walsh.
Each name was received with the most deafening
and uproarous applause, and three terrific cheers
were given at the close, on the subsistence Of which
the Bishop proceeded
You have now, gentlemen, heard the names of men
who are willing risk themselves in support of your
cause Put these names out Of view, and you can
not in the records of political controversies find
that of one solitary public who is not understood
10 be pledged against US What then, is your coursel
You now, for the first time, find yourselves in the
position to vote at least for yourselves You have
often voted for Others and they did moi vote for you
hut now you are determined to uphold with your own
votes your own rights (Thunders Of applause, which
lasted several minutes) Will you then stand by the
rights of your offspring who have for so long peri
cd and from generation TO generation, suffered under
the operation of this injurious system (Renewed
cheering) Will you adhere TO the nomination
made Z loud cries Of We will, We will,
and vocferous aprlause) Will you be united
tremendous cheering-the whole immense AS
sembly rising masse, waving of hats, hand
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-02
Our march is on the mountain wave
Our home upon the deep

Mr. Choate next alluded to the great number Of
bankrupts which among us at the commence
ment Of the Wing Administration. The number had
been estimated al 500, 000-many doubtless had he
come so by misfortune or by mprudeni specuations-
but thousands on thousands were the wretched VIC
tins of the policy Of the General Government. Th'
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03

far beyond tho reach Of any pnny II ITS Of
such an assaiiani. The member had Informed
the House that, among his constituents, there was
no distress. If they never had been distressed
before they would be when they came to read
the members speech. He opposed the measure
because tho Treasury empty. And who had
emptIed II? Vino had wasted and squandered and
pilferd and stolen the public money by thousands
and millions, and iattened on The spells! NE l..
trusted in God that party would sustain scnti-
,nen,s like these. WEo, that had an American
heart in his bosom could refuse grant "nich u'u
equal honor tho Civer and the receiver!
Mr.. L. would put il 10 the vote oil HaTfi-
sons soldiers Ask them whether the "id-
Of their old commander should or shnold not
have this sum out Of the public Treasury The
member talked about log cabins. Did he not
know that the log cabin stood IN this contest as
the loved md chosen emblem OF the free, I'M
bough, affection, and the power and majesty OF
tho People? For what could this topic have
been introduced, but for an opportunity OF Indui-
ging in low, unworthy, disgusting slang? II
these were the laureIs which tho member thought
to wear Mr.. l.. enved them not. Long and
greeny might they flourish on his hrow-a brow
which seemed well worthy TO wear them. Gratu-
iy? Who talked Of gratuity2 The committee
propose gratuity. They had brought forward
tho bill expressly on the ground OF indemnhca-
tion. Did tho momber think TO achieve for Dim
self immortality by having his name on record as
an opponent Of this bill? Yes, he might, bat 1t
would be Immortality OF iniamY. HE mem
ber's vote fright stand upon the Journal, but 1t
would stand there n vote ugast the Father OF
the West; II would stand minute and
scarcely visablc spoci and blemsh upon the mar
bic that recorded an iustIious name tor postcriiy-
hat nigh, be that members notions OF fame 1t
was hard TO say. Did he expect TO win fame
by attacking the dead? He shared his fame witt.
The hycna and the wolf. The member had asked
with sheer of triumph, how gentlemen were to
sustain themselves in giving vote like this?-
MIR. l.. would tell that individual how he should
sustain HIMSELF not by cringing before his con
si,ucnts, but by standing before them erect IN
conscious integrity, and telling them that no had
acted here as a freeman and an American, re-
gardlcss of the cant of dema gogues. He
turned from the member. and left him and his
speech to the infamous immortality so richly mer-
tied by both.
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03

i2'h inst. The Corn Law question is so popular
that there l. little doubt ot the return ot the
Wings To power If they don't resign. and there
- very i,itte reason suppose they will Sir
Robert Peel, Mr.. Macauiv. Lord Paimerston. and
Str James Graham, had spoken upon Sir Robert
Pee's motion.
For the attempt the life Of the King Of
France, Dtrmes has been convicted and execu
ted, Consdere acquitted. and Ducos delivered
over TO The ordinary tribunals.
\ rumoreG attack on the citadel Of Ham. for
the delivery Of Prince Louis Napoleon, has filled
The place with troops OF artillery and cavalry.
Spain has a last formed Ministry.
Great devastation has been caused by the in
undation OF the principle rivers of Russia The
Russians had again commenced campaign a
gainst the chyairous CIfcassians, and glory to
the couse of Freedom, with slaughter 10 them
selves, tho despotic oPpressors.
The Portuguese government--honor to it--has
senttwovcssals IN search Of the President.
The Shah Of Persia appears TO be inclined to
enter INTO anlcable negOia lions with OFT Brlta
The quarterly average Of the weekly liabilities
and assets Of tho Bank Of England. from the I'd
of March TO the 18th of May, compared with the
last return, shows an increase of circulation of
i2S 900. Of depositcs fl1 900, of bullion f223,
600. and of securities and decrease goo 900.
The rest Of the is small potatoes The
Queen is weli--the Prince IS well--the badv is
we'll bet mention is made of the parrot This
is nbominabie!- - Ecir York Atlas
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03
FOREIGN INTELLIGENC

The Columbia steamship arrived at Boston. Mt
half past ten o'clock Wednesday evening.
She made the whole passage, including stop
page of five hours at Halifax, in twelve days
and five hours.
The news is highly important.
As was expected the Celestial" Chinese
were only hutnbugging the barbarian" English
The Emperor refused to ratfv the treaty between
Commissioner keshen and Captain Elliott
Keshen was ordered to be sent 10 PekIn IN irons
In consequence of This Captain Elliott attacked
the Bogue forts on the 18th of February las, md
.oels .lo,n- IIo olso took tho factory at Canton
The city was spared, bat as The Emperor is deter
mined on battle II will doubtless fail An Amer
lean gentleman says there are 100000 Chinese
starving in the neighborhood for want f employ
ment, who will sack the place, if it is spared by
the English. The British have perfect
mand of it, with the possession of the Factory.
and could reduce II 10 ashes IN an hour. In the
capture of tho Bouge Forts and of the Factory.
the barbarions did not lose a single man. while
the celestias lost 400 killed and 1000 were taken
prisoners. The British troops have evacuated
Cushan. and Captain Anstruther, Lieut.. Douglas,
r. n, Mr.. Noble, and his companions are now
in safety under the British flag. The next person
the Emperor W Ill have to disgrace, in consequence
of making wha, he terms, concession TO the bar
barians, vii! be, in all probability himself.
OF the steamship President there is definite
news. Many rumors are afloat, bu, nothing tha,
gives reasonable ground of hope for her selety
or tina, of her passengers and crew.
Sir Robert Peel's motion Of '.Want of Conf
dence in the Ministry" came up on the 9th ul,..
on the 2Sih the debate adjourned to the Sd
inst. There will be a great struggle upon this
point. ami i, is doubtful whether the opposition
will carry il. If it does. II will porbably be BY
so small vote, tina, the Ministers will bring
forward the Corn Law. a mos; popular measure.
before di>solving Parliament. 1t is confidently
stated that Parliamen, would be dissolved on the
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03
July EIoction.-Ncxt Saturday.

fC3-We authorised announce BENJAMIN
STRAW BRIDGE, randnintc for Magistrate u the
election t. be lai the 10th July.
L-T-Wc authorised announce STEPHEN b.
STANTON, as 4 candidate for Magistrate July
election.
{E5-Ne arc authorised TO announce WILLIAM cox.
rs candidate tor Magistrate the July election.
(ET-Hc authorized announce WINI.IAM
HART. candidate for Justice Of the Peace.
lection be held the expiration of the john {.
kibby
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03
IINIEX.

DiED-Qn Thursday The md ultrmo, between
hours Of and four o'clock 4. NJ, the residence
4. Groves in the vicinity oil Cambridge City, PAUL
J LESII, aged - years and seven months.
Monday evening Mr.. i.s attended church, apparent
good health Ahout III O'Clock he home
panv friend and retired shortly after. His
aking about O'Clock found him sleeping, all appear
perfect health bat awaking again 4, found hin,
4 corpse.
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03
L ALL AI)Il NJ.
SATURDAY...,....... ;. 1911.
"B + J ST AN ID FEAR NOTn

50 II - o ia 4 EE a Z I o n :
STATE SENATE,
LEWIS DURK. WM ELLIOTT
HOUSE OF REPRESENTATIVES,
DANIEL SINKS. DANIEL. STRATTAN
COUNTY AUDITOR.
WILLIAM PERSONETT
SCHOOL COMMISSIONER
THOMAS ADAMS
Comfy COMMISSIONER
LAIkIN TIORNBURGU.
TRFASt RER.
JASON HAM.
ASSESSOR.
JOSEPH Z. STRATFAN
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03

600 POUNDS OF GINSENG WAN
.OOO TED. and for highest
rice vii given If delivered the Of the Rich
nond Trading Manufacturing Coapan,, IN Richmond,
Indiana, in good, nerchantable order
JSO. HAINEs, Seer.
p;-h,,oaI JAW 3. Is4i. 26-3m
The following paper. copy 3no charge
Il T & NJ ca: Record. CeapevIlle; SON, knightstowa,
and Telegraph. Muncetown
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03

The bill for the relief OF Mrs. Harrison, pas
sed both Houses Of Congress on the 25th ul,. II
aPpropriaies $4,000. deduc,ing theFefrom what
ever amount wos paid 10 Gen. Harrison out of the
Treasury on account of his salary
Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-03

We regret 10 earn from the Madisonian, that
Major Genera ALEXANDER M,coMB the General
10 Chief Of tie United States Army. died in
Washington cry, on Friday, the 18th u!;.