The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1848-12-15

were suspended, the public credit mus
have sunk. and many millions of dollars. a
as was the case during the war of ISLE
must have been sacrificed in discoun'iug M
on lolns and up,n the deprecated paPs
currency gnvernmrn, would have beet
compelled To use.
Under the operations Of the constitutions
treasury not dollar IA, been lost b. the dcprc
cation of currency. TIC loans, required t,
prosecute the war with NcVicn, were n, rocil;cl
by tie Secretary OF the Treasury, above par. re
a'l7inc largo premium 20 the government
tn restrain N effect Of the system upon the
tendencies Of excessive paper issue rs banks
h : saved tho government from hcsvy losses, and
tI2usIuds &C our business men from ban kruptcy
laui ruin The wisi'm Of the system has teen
tested hV the experience of the last two years.
al L Is the dictate of sound policy that i,
> luui rem in uniistrrhtd The modification.
ia some ot The d,t-il~ uf this measure, involving
none ol Is essential primo plea, heretofore r..
COMMENDED, are gain presented Tor Your lavara
bic consideration.
; lur'y mcsrgr ofi'c sixth uf iuiy last. trans.
Iaitiirg 81 Congress the ret ned treaty of the
peace with NrNrrn, / recommended the utnp.
ton # measures FIR ~ = speedy payment Of the
public debt. Ia r,i,crittur thst Recommended.
ton, refer ypJ II the Culsldyr.tions present.
rG IA that Wr-S.g- ~ is support. The public
deht, Intending that authorized 20 h. negotiated
IN pursuance of the cN .stjp. laws, sud including
Lr.aslrF n"',r' ',h,"u'l" al ti't t'inr u S''''
/ . ''"'U,i'' en''" -t''" OF inc c. = am ,"'''
ca 10 "o"u' H0. h'i,,H %, '"'Ur'' mas o''h
rU'SnaSSo as u,,"r.,'i rE 'a"' S'n,e 'hat pc
~ ~" ~ "1 M, u'i> nus .'''' ''Iu'eN
nutl report of the ~ccrcttrv of the Treasury.
/ The estimate uf expenditure, Tor the EeNt
? ssCI. year, suhm ttrd 10y the Secretary Of the
- = '0i ,'' wa ~ ",'FN i'' "I'
''' ~
,l az. so, - vs.
'" 90 va ".'' ~
C''tN a. t"t ',f'n>SS S an., W gay
tne next ln'." 'll'"t ~ 30 ~ N'N''',
Nn.c" va" 'sl u.V Oh u, 0''t ''S h'A' "U,'
SUI e'h>'u'rao 't surplus W'l r.W1h' Wn.Gl
sh"1." DC aPP"'d i"o IuT'".r purchase "' 'n'
Pn'Hr St',"' an" Nhe Hue'''iS 81 vac u,9'
0"ouI' e"iarScd "'P''l..',1Ii,' .As o' i'au'' we
he''''"rf consequence VIII % 20 postpone '"'
co'"p-''H WIN .'N' '' 10 st ''i'' "-"o"H' =
s'"," i our rug az" ia .,'' % ~,
T" 'u- s,''"S va .,i ',@,
- -, ,,.'ir;. ,,,ss,.s;,,., 49,, -.rs,'rcc.
IL - htI, ,,.'r,,, t-,T, III. ;,,J.b,
-. M III ii -. 8, ,,,.
s,r.,.,,h ~ ,.;,o,,s, st;lI NOR, ,,,,,r,,iing
/ -: =, - ~, ,,,,;,,,. ~ ,t...-,r
.rL,n,,LI;, So. l,t,,-,s sb,ll D., ,,,,,,,.. Ca
81 .,i,s,,oJ -, sr,.L measure. "a ar, ,Ir,rI,
,y;,l;r a., ,,,y,rs If C,,.-r,s. An su,b ,.srp
I,,, .Ls,t,. r.. I.,,,,a.N7 sl,,iJ n, q, ..t,,,, 4
ENC, ,L, r,,h'c ALI N tho c,rl.rs, nrarii.
- - Ill t, .-,,j.,,l ,,-i,.;nr.
- -,
"a tbc go, .s,;...,s Fl, r,. 1,st ,rn,,l
-. I 80, ,l, ,.,,,,,,.,,,I,, ;,,, at ,
J'....E -, -, Lrl-,',l H., 80. n &,
vi Tb, ;,,rn-,,,,ce If m n,orsr-a +.
,,,c,,ir ir.,.,saI I,y Tho ,.,,,;sitio, of ,b, rca
,ninss - rr.,,.,,s ,,ct.I, =, M. NJ, an,
C,Ec,r,i. ,,,J ,.,,r.;,II,. :, ,b.I,.rr
Jr,,.at tho -rcorrr,.,,i,tio, b,rstrr,r, mad,
in nvor NJ tI, rr7d,,ntion mad rr5,c,;o, Of IN,
nr;cc Of s,,,t 81 tho ,Lli. lind. ~ nav, b.cr
long Offered f., the market. and have rcrnaip,t
rns7yd and in r'v,r c,t,r,l.n,, tbc ri,bt or mr.,
,n,otion +, ar.,,aI .,,,I,r. a, In, un.rrvcvcJ,
vol M the s,,ryc,cI I,,d.
Tb.,o,J;.;o, and or,rr,ti,, NJ thc,-n~ ,nt
the state Of branches Of tho npllic ..rvicr mn
der tho sp,cryisinp al the War Dr,7rtncrt ar,
satisfactorily presented in theacco,npanyiuJ re-
nor, Of secretary of St1tc
~ I'm 40 r.,.,,, ~ 80, ,,., ,., ,.-, will
- -, NJ ~ 49,, y,r,rt,crs nm,
t,1, nortio, n tho rr,,- RIM, ,,,,,,,rJ far IN,
,'., r,,a.. ii .L,nJ,J OIL. G,yaIccn is.nr,
,I,a crc,- If on. ,-rr,,r,,,, .st,b
-. -, -. T., 49,, c,,onJ.,
,..r a., tlgvtua
~ ,5e ro,no,ooss. NJ ,hri- no.i,inos the J,,ari1
,,.,,s L., mo, 90, rn,-4,na ,b,;, J.st;n,,,,r
rn,,.itbst,rJinr IN. Limits cf opr country nm,
,h. c,r.-s ,c-,,;-,J l., tho ts-r;t,r;cz !, ia conf
I.r,l.. bcr;c,ic, ,b,, r,;Ti,,-r cst,L
IsLn;cr, il sp,y;c;9,,, r'r cyircrciss 40 Ian, -,
o,,r ,o.,.,.c,,f s.I,ticrs rc,,,in nriistrrboi
ID ,1,,,,sor,t ~ ~, ,lit,,r, con,,;bnt;ons o,I
Icrtcd in Wcyiro. tbe snm of $40, t;jl was nm
rl;.d ,ou,rl. Tho ,.-nc,, of tho 6-s, ;,s,tI
rf,ent d,,c Nd ri,ty Win NTcy;co The f,r
thor ann of salf 3s0 10 has bcon Maid into Nh,
r,e,srrv ,,s ,,rcv,,r4eI balance. 4, m ror,o :,
:, tho b3rTs or dishu,.inr officer. and thos
,,L, ~. ,.,,,,rcd in Tho rolI.ction of tho,
r,nncrs A. tho nrnrLm,t On Of nc,,a M
I,,tLsr a shnrssmcn,s wer. made Of ANY uncy
randcd mo,ors arisinc from this sourcc TN
l,.Ian.,s M nd uerc dir.ctcd =, he p,id i, tI
Treas,,ry ard ;,idu,l claim. on The f,rJ
Iii $50 dir.,cd until Con,rcs. .l,II an
,hnrize t'sir s@tilrynent md paylnent Tho.
cI,;ms are not con,idcrable in number or a
rnonn,
I rcc,mu,,d IN vcur favorable consideration
I,,o .,,,,,o.,;o,s Of Tho S.rrc,,ry ~ VA, an,
,bo So.,c,a,r NJ ,i,c NAVY in ron ri ,o IcrisI,
ito, ~, ,h;s s,h;rc,
On, TnJ;,o ,eIa,io,s are nr,.cr,cI in = mo.
g. J, ,;.,, !, ,Lc r.rcr, r,o,, III, w. II,