pleasing character. Out of more than $839,000 drawn from the treasury, a balance of only $13,402 53 cents remains to be settled up.

All the accounts of the surgeon general are closed, except in the sum of $72 09. The annual expense of medical stores for the army has not been more than $2.50 per man. first quarters of the year were but 53, and 13 of them were from consumption.

Further particulars, and, probably, some of the papers at length, especially the report from the Engineer department, will be noticed hereafter, as soon as room is allowed.

the army in the two Eighteenth Congress-2d Session.

The affairs of the "purchasing department" are settled up. The cost of articles for clothing the army is, generally, less, at this time, than it was two years ago.

SENATE.

December 20. John McLean, of Illinois, elected a senator for the remainder of the term of Ninian Edand took the oath of office. wards, appeared this day, produced his credentials,

Among the petitions presented, was one by Mr. Lowrie, from the chamber of commerce of the city of Philadelphia, praying the construction of a breakwater at the mouth of the Delaware, and for the suppression of piracy.

The president communicated to the senate a report The reports from the "Engineer department" and from the secretary of war, containing the names and concerning the military academy, are very interest-annual pay of all public pensioners, in obedience to ing-but too long to insert at length, and of a nature a resolution of the senate of the 10th of May last. that will not allow of abstracts. Great industry and care is evidently manifested. The works on the different fortifications have been regularly carried on. The "Ordnance department" shews the same rigid accountability. Out of $354,387 41, transmitted or paid, 15,285 57 remain unexpended. The expense of the national armory, in Springfield, Mass. for the year 1823, was $186,824; that of the armory at Harper's Ferry, Vir. was $194,369.* In the year 1823, 15,000 stand of arms were distributed amongst the militia of the several states and territories, under the act of 1808, "for arming and equipping the whole body of the militia."

Mr. Macon offered the following résolution: Resolved, That the committee on military affairs be instructed to inquire into the expediency of limiting the number of cadets at the military academy at West Point, to the number of members in the house of representatives, and that the number to be admit ted from each state and territory, respectively, shall be the same as that of the representatives to which such state or territory shall be entitled, and that the brother of no person educated at the academy shall be admitted so long as there be other applicants; and that provisions be made for adinitting from the District of Colum

bia.

The senate proceeded, as in committee of the whole, to the consideration of the bill "to authorize the legislature of Ohio to sell and convey certain tracts of land granted to said state for the use of the people

thereof."

The number of revolutionary pensioners is 13,034, that of invalid pensioners, 3,736, and that of halfpay, in lieu of bounty land, 202. Of the first class there died, in the three first quarters of 1824, 441; of the second class, 73; of the third class, none. The annual amount of pensions to the first class is 1,337,316 Mr. Barton stated, that the bill had been originally dollars, to the second $298,000, to the third $9,876.reported in the house of representatives upon the The number of military bounty land warrants issued, up to the 22d of November, 1824, is 26,761, covering 4,475,632 acres of land.

The report from the office of Indian affairs shews that $282,654 13 have been drawn, and that a balance of 39,804 30 remains to be accounted for-chiefly from disbursements for objects which are not yet completed. It speaks very favorable of the progress of the schools established among the Indians, as fol

lows:

application of Ohio. The few salines mentioned in the bill had been granted to the state of Ohio, with a restriction upon her power to use them, to secure to her the article of salt, and with a view to prevent a monopoly of it. Since that time it had been found in abundance in different parts of the state, and the grant, so restricted in the rise, had become of little value to her. The committee were of opinion that the reason of the restriction had ceased, and that the prayer of the state ought to be granted.

The bill was then ordered to be engrossed for a third reading.

Mr. Hayne, from the committee appeinted on so much of the president's message as relates to making a provision for the services of general Lafayette reported the following bill.

"The returns shew that 32 schools are now in operation, containing 916 children. The reports of the superintendents are highly satisfactory. They certainly demonstrate that no insuperable difficulty is in the way of a complete reformation of the principles and pursuits of the American Indian. Judging from what has been accomplished since the adoption, by Be it enacted by the senate and house of representatives the government, in 1819, of the system upon which of the United States, in congress assembled, That the sum all the schools are now operating, and making due of $200,000 be, and the same is hereby, granted to allowance for the tardy advancements of the first major general Lafayette, in compensation for his two or three years, which were for the most part important services and expenditures during the Ameconsumed in the work of preparation, and in over-rican revolution, and that, for this purpose, a stock to coming the prejudices and apprehensions of the Indi-that amount be issued in his favor, dated the 4th July, ans, there is good reason to believe, that an entire 1824, bearing an annual interest of six per cent. payareformation may be effected, (I mean among the ble quarter yearly, and redeemable on the 31st Dec. tribes bordering our settlements, and to whom those benefits have been extended), in the course of the present generation-it being with the children of the Indians that those have to do, who have undertaken

1834.

SEC. 2. And be it further enacted, That one complete and entire township of land be, and the same is hereby, granted to the said major general Lafayette and that the president of the United States be authorized to cause the said township to be located on any of the public lands which remain unsold, and that patents be issued to general Lafayette for the same.

On motion by Mr. Hay, the bill was twice read, and made the order of the day for to-morrow. The senate then adjourned.

December 21. Mr. Bouligny, elected a senator from *23,839 muskets were made, 5,662 repaired, and the state of Louisiana, for the remainder of the term 15,232 cleaned, at these armories during the year, and of Henry Johnson, appeared to-day, produced h a great deal of other work done, all which is specified. I credentials, and took the qualifying oath of office.

Petitions were presented

grass may direct, together with the interest annually accruing thereon.

"Resolved, That the year following the return of the next en

By Mr. Findlay, from the president and directors of the Chesapeake and Delaware canal company, sus, and immediately after the apportionment of representatives and praying the aid of the general government to the un-every tenth year thereafter, the proceeds of the interest arising dertaking in which they are engaged. on the said capital stock, shall be distributed according to the Mr. R.M. Johnson, of Kentucky, submitted the fol-fund for education, and the other half shall constitute a fund for in ratio of representation; one-half of which sum shall constitute s lowing resolution for consideration:

Resolved, That the committee on public lands be instructed to inquire into the expediency of making provision, by law, to authorize the several banks in which the public moneys arising from the sale of the public lands, were deposited, and which still owe balances to the United States, on account of deposits to the United States, as well as the debtors of such banks, whos obligations have been transferred to the United States, to pay the same in lands, upon such terms as may be just and equitable.

The resolution offered yesterday by Mr. Macon was taken up and agreed to.

The senate proceeded, as in committee of the whole, to the consideration of the bill making provision for the services and expenditures of general Lafayette.

ternal improvement, to be applied to these objects, under the a thority of the respective states."

Many petitions were presented and referred; and matters attended to which will sufficiently appear in the future details.

The resolution submitted yesterday by Mr. Johnson, of Kentucky, was taken up-the mover of it supported its passage and Mr. Eaton rejoined. It was laid on the table for the present. Adjourned.

HOUSE OF REPRESENTATIVES.

Thursday, Dec. 16. ed yesterday by Mr.

agreed to:

The following resolution, offer-
Livingston, was taken up and

Resolved, That the secretary of the treasury be directed to lay before this house an account of the unclaimed dividends on the public stock, if any, since the establishment of the present go

vernment.

The following resolution, offered yesterday by Mr. Brent, was then taken up and agreed to:

Mr. Macon rose, with great reluctance, to express his objections to the bill. He thought that more should not be done for an adopted son than for one of our own. Lafayette had made great sacrifices; but this was no reason why more should be done for him than for American citizens, who had spent their all in defence of their country, and equally hazarded Resolved, That the president of the United States be requested their lives, &c. Mr. Brown, of Ohio, also objected to to inform this house, if it be not incompatible with the public the bill-he wished to know what evidence had in- welfare, of the causes which have prevented the execution of the duced the committee to suppose that the amount pro- United States of America and the kingdom of Spain, so far as the 4th article of the treaty of the 22d February, 1819, between the posed was the proper amount of compensation. He same relates to the surveying of the western boundary of the wished the phraseology of the bill changed. Mr. United States, and if the same has been prevented by the setual situation of the government of Mexico in respect to the kingdomHayne went into a long and able exposition of the of Spain and this country, as connected with the said Sounlar y— general's services; and, as to the matter of compen- whether any measures have been taken to call the attention of the sation, made it out that he was fully entitled to the government of Mexico to the final establishment of a boundary between that country and the United States. sum proposed. [We shall insert this speech at length because of the interesting facts that it discloses. bill confirming certain claims to land in the western Messrs. Macon and Brown spoke again-they each had a full sense of Lafayette's worth and services; but disapproved of the bill or of the manner in which it was drawn. Mr. Noble also opposed it, on the latter ground.

The yeas and nays on the passage of the bill being called for by Mr. Noble, were as follows

YEAS-Messrs. Barbour, Bouligny, Branch, Chandler, Clayton, Dickerson, Eaton, Jackson, Johnson of Ky. Johnston, of Lou. Kel. Ly, King, of Alab. King, of N. Y. Knight, Lauman, Lloyd, of Mass. Lloyd, of Md. Edwards, Elliott, Findlay, Gaillard, Hayne, Holmes, of Maine, Holmes, of Miss. Lowrie, McLean, Mils, Palmer, Par rott, Seymour, Smith, Talbot, Taylor, Thonias, Van Buren, Van Dyke, Williams.

gles.

NAYS-Messrs. Barton, Bell, Brown, Cobb, Macon, Noble, Rug So the bill was passed and sent to the house of representatives for concurrence.

Mr. Barbour submitted the following, which was taken up and agreed to:

"Resolved, That the president of the United States be requested to cause to be communicated to the senate, such information as he may possess, (and which may be safely communicated), relative to the piracies referred to in his message, and the means heretofore adopted by the executive for their suppression; and that the presi dent be also requested to state the additional means necessary and expedient to be entrusted to the executive for the suppresion of the

same."

After consideration of executive business,
The senate adjourned.

December 22. Mr. Ruggles submitted the following resolution for consideration:

Resolved, That the president be requested to cause to be communicated to the senate the number of merchant vessels, belonging to the citizens of the United States with their names, owners, and merchandise, which have been captured or plundered, and of in

juries inflicted on citizens of the United States, by the pirates, since the first of December, 1823, and also, the number of pirates and pratical vessels that have been taken by our naval force since that period of time.

Mr. Johnston, of Louisiana, laid the following reso

lutions on the table:

"Resolved, That the public lands of the United States he appropriated and pledged a3 a permanent and perpetual fund for educa tion and internal improvement.

Mr. Rankin moved that the house now consider the

district of Louisiana.

After some explanations the bill was ordered to be engrossed for a third reading to-morrow.

The bill to authorize the secretary of the treasury to adopt a new hydrometer for ascertaining the

proof of liquors, was read a third time and passed.

Mr. Wickliffe offered the following resolution; Which was ordered to lie on the table:

Resolved, That it is expedient to amend the act of congress af the first of March, 1792, relative to electors of president and vice president, that the appointment of election, by the several states, shall be made upon the same day throughout the United States.

Mr. Wickliffe stated that the same reasons which rendered it necessary that the votes of the electors of president should be given on the same day, ope rated to make it equally necessary that the election of electors should be made on the same day throughout the United States; and recent events had rendered his conviction, on this subject, more settled. He should move to lay the resolution on the table; which was agreed to.

On motion of Mr. Hamilton, it was

Resolved, That the committee on military affairs be instructed to inquire into the expediency of providing by law for the ap pointivent of an additional number of deputy or assistant quarter masters, with a view of securing a more effective responsibility in the disbursement of property in that department.

On motion of Mr. Tracy, the house resolved itself into committee, on the bill further to amend the act authorizing the payment for property lost, captured or destroyed by the enemy while in the military service of the United States, and for other purposesMr. Campbell, of Ohio, in the chair.

The bill was then read for amendments, when Mr Wright, of Ohio, moved an amendment at the close of the first section, specifying that the cause of the destruction of the buildings was their occupancy by

the United Sa.tes.

Mr. Tracy explained the bill at considerable length. Mr. Wright replied. He was willing to pay for build"Resolved, That the proceeds of the sales of the public lands. ings that had been destroyed while in the occupaafter defraying the incidental expenses, be annually invested, by he secretary of the treasury, in the stock of the bank of the Unit- tion of the United States, but not for those which ed States, or in the stock of the government, or other stock, as cun. I had at any time been so occupied. To obtain time

bring the subject before the house, in a shape which would lead to some decision, he offered the following resolution:

Resolved, That the committee of claims be instructed to inquire into the propriety of providing by law, for the reimbursement of the amount of interest paid by Virginia upon loans of money nego tiated by her, for the use of the general government, during the late war between Great Britain and the United States.

Mr. Mallary rose, to call the attention of the house to a resolution on the subject of fitting out a vessel of war for the protection of Lake Champlain. He adre-verted to the situation of the lake, and the necessity of providing against invasion, and the dismantled state of the navy now on the lake, and concluded with moving the following resolution, which was agreed to:

CHRONICLE.

The bill having been read, Messrs. Campbell and Gazlay opposed it, (pretty much for the same reasons that influenced Mr. Macon in the senate). Its post-tended to take up his residence in New-York, after Mr. Monroe. The report that this gentleman inponement till Monday was asked for-ayes 75, noes 94. Mr. Sterling proposed to strike out the grant of the expiration of his period of service, is not true. land-rejected, only 68 members rising in favor of He will retire to his farm in Loudon county, Virthe motion. Mr. Vance, of Ohio, moved to reduce the sum to 150,000 dollars-negatived, by a larger The boat race! It may be thought by some that our majority than the preceding. At length, after some "chronicle" ought to contain a full account of a boat remarks from Mr. Tracy, the bill was laid on the ta-race at New York, for 1,000 dollars, which has ocble-ayes 93, noes 84. cupied so much space in the newspapers of that city.

The remainder of the sitting was spent in discussing the bill for occupying the mouth of Columbia river. Nothing decided.

ginia.

that port, made a general challenge for a rowing Capt. Harris, of the British frigate Hussar, lately in Wednesday, Dec. 22. After some other business, a It was accepted-the race was run, and the "Amerimatch-any boat against one that belonged to him. resolution, offered by Mr. Brent, in relation to the can Star*" triumphed over "Certain Death!" But claim of the marquis de Maison Rouge was taken up even this was not the best of the whole affair-for -considerable debate took place, but the proceed the victors and the vanquished contended even more ings were cut short by the time having arrived for tak-severely than before, in striving to see which could ing up the orders of the day.

The bill providing for the occupation of the mouthings; and capt. Harris left impressions behind him out-do the other in manly civilities and liberal feelof the Columbia river, as amended, was ordered to for his gentlemanly conduct, that, we hope, will be engrossed for a third reading to-morrow. ports, ever to recollect that it "is easier to win cities cause his countrymen and our own, when in foreign than hearts"-to accomplish a victory, by superior skill or physical strength, than to gain the affections of the parties conquered.

The bill concerning gen. Lafayette was taken up, and various proceedings had on it. Differences of opinion existed as to the propriety of the manner proposed, though there was no opposing sentiment as to the merits of the object of it. At length it was ordered that the bill should be read a third time today

The bill was then read a third time, accordingly, and the question thereupon decided, on request of Mr. Beecher, by yeas and nays, as follow:

Pennsylvania. At the seventh ballot to elect a senator of the United States in the place of Walter Lowrie, esq. taken on the 18th instant, the votes werefor Mr. Marks 45, Burnside 35, Sergeant 19, Ingham 18, Darlington 4, Rogers 6, J. Tod 1-total 127; no choice. After which the convention adjourned to the third Monday in January, when the fourth meeting to elect a senator will be held.)

YEAS-Messrs. Abbot, Adams, Alexander, of Va. Alexander, of
Tenn. Allen, of Mass. Allen, of Tenn. Allison, Archer, Bailey,
Baylies, Barber, of Con. P. P. Barbour, J. S. Barbour, Bartlett,
Bartley, Bassett; Blair, Breek, Brent, Brown, Buchanan, Buckner,
Cambreleng, Campbell, of S. C. Carter, Carey, Cassedy, Clark,
Resolutions have been introduced into the legisla
Cock, Collins, Conner, Cook, Craig, Crowninshield, Culpeper, ture of this state, expressive of the kind feelings en-
Cushman, Day, Durfee, Dwinell. Dwight. Eaton, Eddy, Edwards,
of Penn. Ellis, Farrelly, Floyd, Foot, of Con. Foote, of N. Y For tertained for gen. Lafayette, inviting him to visit the
syth, Forward, Frost, Fuller, Garrison, Gatlin, Govan, Gurly, seat of government of the state, and expressing an
Hall, Hamilton, Harris, Harvey, Hemphill. Henry, Hrrick, Ho-earnest wish that some provision, worthy of him, may
bart, Hogeboom, Holcombe, Hooks, Houston, Ingham, Isacks, be made by the national legislature.

been adopted in the senate of the legislature of South-Carolina. The following resolutions have South-Carolina, by a vote of 30 to 13:

Resolved, That congress does not possess the power under the constitution, to adopt a general system of internal improvement as a national measure.

Jenkius, Jennings, J. T. Johnson, Kent, Kidder, Kremer, Lathrop,
Lawrence, Lee, Leftwich, Letcher, Little, Livingston, Locke,
Long, Longfellow, McArthur, McDuffie, McKean, Mckee, Mckim,
McLane, of Del. Mangum, Mallary, Markley. Martindale Marvin,
Matlack, Mercer, Miller, Mitchell, of Penn. Mitchell, of Md.
Moore, of Ken. Moore, of Ala. Morgan, Neale, Nelson, Newton,
O'Brien, Olin, Owen, Patterson, of Penn. Plumer, of N. H. Plum
er, of Penn. Poinsett, Rankin, Reed, Reynolds, Richards, Rose,
Saunders, Sanford, Shorpe. Arthur Smith, Alexander Smyth, Win.
Smith, Spaight, Standefer, A. Stevenson, J Stephenson, Stewart,
Stoddard, Storrs, Swan, Taliaferro, Tatnall, Taylor, Ten Eyck,
Test, Thompson, of Penn. Thompson, of Geo. Tomlinson, Tracy,
Trimble, Tucker, of Va. Tyson, Udree, Vance, of N. C. Van Rens
selaer, Van Wyck, Warfield, Wayne, Webster, Whipple, White,
man, White, Wickliff, Williams, of Va. Williams, of N.C. James
Wilson, Henry Wilson, Wilson, of S. C. Wolfe, Wood, Woods-plied therein.
Mr. Speaker-166.

NAYS-Messrs. Beecher, Buck, Burleigh, Campbell, of Ohio
Crafts, Gazlay Gist, F. Johnson, Lincoln, Livermore, McCoy,
McLean, of Ohio, Matson, Metcalfe, Patterson of Ohio, Ross, Scott,
Sloane, Sterling. Thomson, of Ken. Tucker, of S. C. Vance, of
Ohio, Vinton, Whittlesey, Wilson, of Ohio, Wright-26.

When the yeas and nays had been called and recorded, the speaker rose, and observing that, having been precluded, by the place he held, from the expression of his sentiments in relation to either the principle or the form of the bill, he requested of the house that he might be permitted so far to give expression to his feelings, in relation to both, as to record his vote with those of the other members--and leave having been promptly given, the clerk called the speaker's name, and his vote was recorded in the affirmative.

When the house adjourned.

[This bill differs from that which passed the senate -the one appropriates money, the other authorizes an issue of six per cent. stock. In other respects they agree; the point of disagreement will be adjusted, as a matter of course.]

Resolved, That a right to impose and collect "taxes, &c." does not authorize congress to lay a tax for any other purpose than such as are embraced in the specific grants of power, and those necessarily im

Resolved, That congress ought not to exercise a power granted for particular objects, to effect other objects, the right to effect which has never been conceded.

Resolved, That it is an unconstitutional exercise of power, on the part of congress, to lay duties to pro

tect domestic manufactures.

Resolved, That it is an unconstitutional exercise of power, on the part of congress, to tax the citizens of one state, to make roads and canals for the benefit of the citizens of another state.

Charleston, December 3--In addition to the specimens from pear and peach trees, in full bloom, left with us on Wednesday, a gentleman, who resides in Legare-street, yesterday handed us a branch from a pear tree, with half-grown pears upon it, being the second crop of the present year.

*The names of the boats. They were each rowed by four persons. The American beat the British boat by nearly half a mile.

PRINTED BY WILLIAM OGDEN NILES, AT THE FRANKLIN PRESS, WATER-STREET, EAST OF SOUTH-STREET.

THIRD SERIES.

No. 18-VOL. III.]

BALTIMORE, JANUARY 1, 1825. [VOL. XXVII. WHOLE NO. 694

THE PAST-THE PRESENT-FOR THE FUTURE.

Edited and PUBLISHED BY H. NILES, AT $5 PER ANNUM, PAYABLE IN ADVANCE.

PRESIDENTIAL ELECTION. It being ascertained that Louisiana has given three votes to gen. Jackson and two to Mr. Adams, as president-(and an undivided vote for Mr. Calhoun as vice president), we are enabled to state the result of the late election, as follows: For Andrew Jackson John Quincy Adams William H. Crawford Henry Clay

99

84

41

well because of its dangerous tendency, as from a belief that there was really a want of rightful power to give away the people's money, no matter how worthy the object of the donation might be; and there still are some who, though pleased with the act just passed, would have been placed in a very difficult situation, if they had been called upon to determine the question whether it should be passed or not. Perhaps, there was not one gentleman in congress who voted in the negative, that would not have given from 50 to 500 dollars, or more, of his own money, to make the general comMr. Calhoun is elected vice president by a very fortable; ought then the motives of the members to be large majority-but as all the returns have not reach-impeached, because that they did not feel themselves ed us, we shall defer the publication of a table to shew the actual results, until the votes shall be officially proclaimed in congress.

37

261

at liberty so to dispose of the public money committed to their keeping? I believe that the majority was right-but it does not follow that the minority was wrong. And, in a country and government like ours, CONGRESS. The bill which passed the house of re- wherein and under which every man is entitled to the presentatives concerning gen. Lafayette, was accept-enjoyment of his own opinion, we can hardly be

ed by the senate in lieu of its own, and passed nem. It has been approved by the president, and is therefore a law.

con.

The bill to provide for the occupation of the Columbia, or as it will hereafter perhaps be called, the Oregon river, has passed the house of representatives by a large majority. It has been so amended as only to contemplate a military occupation, for the present.

It will appear, by a reference to the proceedings, that several important subjects have been introduccd, or are about to be laid before congress-such as to abolish imprisonment for debt, to establish a system for internal improvement, to make a discrimination in the credits on duties payable at the custom houses, and to regulate sales at auction, &c.

COM. PORTER. It will be seen by the message of the president, that this distinguished officer has been ordered home, to explain all the circumstances connected with his late visit to the town of Faxardo, in the island of Porto Rico. It is stated that he will be succeeded in his command by capt. Warrington.

too tender of the opinions of one another, unless they manifestly lead to acts injurious to the public welfare.

THE AUCTION SYSTEM. Every class of citizens in business, whether as dealers, mechanics or manufacturers, the auctioneers themselves excepted, is favorable to a checking of the present auction system, for the same reason that every man desires to provide bread for himself and his family. Experience has proven the injury of this system to all native or resident citizens located on the sea-board, or immediately connected in business with those that are-because that steadiness in the market is required to yield that reasonable profit and regular employment on which the welfare of society so much depends. And besides, it is manifest that a manner of proceeding which extends such great advantages to the foreign merchants and dealers, as shall be shewn hereafter, has immediate effect in reducing the amount of the public revenue, which should be derived from the quantity of goods imported; and thus it becomes the interest of every citizen to look into the matter, even if all should not be led to it by the destructive operation which this system has on our own merchants and dealers. It will appear very strange to those who have not examined the subject, when the assertion is made and can be sustained by a reference to official papers, that about three-fourths of all the BriFREEDOM OF OPINION. No one, I apprehend, can tish and French goods imported into New York, are be better satisfied with the proceedings of congress, on foreign account-and there sold at auction, for the in making a suitable provision for general Lafayette, benefit of foreigners, who have no more at stake in than myself-but I am far from being disposed to our country than British adventurers to the East Inspeak harshly of those who had the firmness to vote in dies; who are ever in a hurry to plunder the natives, the negative, in either house of congress. I say "firm- lest they may be supplanted by other bodies of adness" for it is not an easy thing for persons placed venturers more resolute in spoliation than themin public situations to resist popular opinion, though selves. Why should three fourths of this great buconscious that, in the operation of such opinion, vio-siness, which averages about 30,000,000 dollars a lence may be committed on principles which they believe ought to be strictly maintained.

The commodore's letter concerning the affair, (which we have not time to publish in the present sheet), very nearly corresponds with the accounts heretofore given.

From the time of the arrival of gen. Lafayette until the passage of the act concerning him, the people, it may be said unanimously, desired that some way might be found out by which we could make such provision as would place him in easy circumstances for the remainder of his days, and enable him to leave his interesting family in the same comfortable condition; but hundreds with whom I myself have conversed on the subject-(among them many that would have shewn the sincerity of their wishes by putting their hands into their own pockets), were doubtful as to the propriety of an act of congress in the case, as Vol. XXVII.18,

year, be in the bands of foreigners? Do we want capital, skill, enterprise or honesty, to carry it on? No-we have an abundance of every thing except profitable employment, though the circulating capital is daily diminishing because of the want of business for it, whereby the price of almost every commodity is reduced, as well as further depressed for the reason that so large a proportion of the profits that should be rightfully made on the importation of foreign goods, passes from our country never to return to it again, unless in new investments, to make new profits, by repeating, over and over, the same destructive speculations and frauds on our non-adoption of means for self-preservation.