« 上一頁繼續 »
the machinery and manufacturers of other countries.
The value of a market, it cannot be denied, de-f
pends not on the quantity of goods sold, but on the,
N. B. In the list of articles prohibited in Russia, as stated in our last number, we have—“Cottons, tissued, painted, printed or grey.” The words in the original are—“Cotonades, tissues, avec or ou argent, peintes, imprimees ou perses.” Perse, in Boyer's Dictionary, is rendered bluish grey, which latter signification we adopted. But we have just seen a translation of the Russian tariff, in which the line is expressed—“Cotton goods, wrought of cotton intermixed with gold or silver, also dyed, printed, or chintz.” It is therefore probable that we erred in our translation.
The society for the promotion of national industry, impressed with a belief that the calamitous situation of our agriculture, manufactures, trade and commerce—the unfavorable balance of trade —the exhausting drain of specie - and the reduction of the prices of real estate, and of the grand staples of our country, require the exercise of the wisdom of the legislature of the United States to apply an early and efficient remedy, hope it will not be regarded as an undue interference, that they venture to submit to the consideration of their fei. low citizens throughout the union, the following form of a respectful application to the president, for an early call of congress. Should the measure be found necessary, it is of little consequence with whom it originates:—should the contrary opinion prevail, the motive cannot fail, with all good men, to apologize for the suggestion.
To the president of the United States.
Sin—The subscribers with all due respect, submit to your most seriousconsideration, the following reasons on which they venture to suggest the propriety of convening an extra session of congess.
Our agricultural productions, the great staples of our country, on which we relied to pay for our enormous importations, and which, even at their highes. rates, would have been inadequate for that purpose, are either excluded from foreign markets, or reduced in price from 25 to 40 per cent. without any probability of a favorable change.
Our markets are deluged with merchandise from foreign nations, while thousands of our citizens, able and willing to work, and capable of furnishing similar articles, are unable to procure employment, our manufacturing establishments are generally in a languishing condition, and many of them, in which immense sums have been invested, wholly abandoned, whereby their proprietors, who placed reliance on the protection of government, are ruihed.
Our commerce is ahmost equally prostrate, and the capital of the country engaged in that useful branch, reduced since the war at least one third, probably one half.
The balance of trade in consequence of excessive importations, has been, and continues, most ruinottsly against us, whereby, after having remitted an immense amount of our government and bank stock in payment which subjects the nation to a heavy annual permanent tax—we have been, and are alarmingly drained of our circulating medium, in consc. quence of which our monied institutions are impoverished and crippled in their operations; agriculture, manufactures, trade and commerce paralized, and all classes of our citizens more or less injuriously affected in their pursuits.
. Real estate has depreciated throughout the union
from fifteen to thirty-five percent; and in many cases from fifty to sixty.
The subscribers are impressed with a conviction, that for all these alarming evils there is no adequate remedy but a reduction of the amount of our imports within that of our exports; it being undeniably true, that nations, like individuals, which buy more than they sell, or, in other words, expend beyond their income, must be reduced to bankruptcy. To depend on this salutary effect being produced by the restoration of that spirit of economy which results from general distress, or from the forbearance of our merchants to import, is to allow a violent fever to rage in the body politic, and exhaust itself on the national strength, without the application of any remedy to arrest its destructive career. Even if our own merchants were to reduce their importations within those bounds which our means of payment would require, this would afford no security; as our markets would probably continue to be, as they have been, inundated with goods consigned by foreign merchants, which would perpetuate the calamitous situation into which our country is plunged. A radical remedy to this evil can only be applied by the legislature of the United States, in such a revision and regulation of the tariff, as shall reduce our importations, and effectually protect national industry. In England, France, Germany, Russia, and Prussia, and most other countries in Europe, national industry is adequately protected by prohibitions and heavy duties, whereas, while many of our agricul
tural productions and almost all our manufactures |
are excluded from nearly all the markets of the world, our markets are open to these of all-other
nations, under duties, affording by 1.o means suffi
cient protection; a case probably without example
in the annals of mankind. - We therefore respectfully pray that you will be pleased to convene congress, as early as circumstances will permit. o --
Foreign Articles. GREAT is ult AIN AN in I ill, L.A.N.D. Ilondon papers af. April 9. *3ritish stocks, Apris8–3 per cent. consols. 747; do. on account, 74}; 4 per cents 928-4; 5 per cents *05 5-8. East India cottons have fallen from 13 to 1jd. from their late reduced prices. Prime boweds 134 to 144d. India, from 5 to 5, d. The sum demanded in England for the services of the year, will probably be 66,000,000l which supposing the population of the united kingdom to he 15,000,000, and the number of houses 6,000,000, produces a taxation of 41. 10s. upon every man, woman and child, and of 221. upon every housekeeper.—And, at the same rate in the United States, would produce about one hundred and sirty millions of dollars per annum. Well might we expect that the laboring poor would go supperless to bed, if such a sum were exacted of us. Besides this, England has her poor rates, priests’ rates, and many other local taxes like ourselves. The support of the poor and the priests of the established church, amounts to more than all the money collected in the United States for the general and state governments, including all the city and county taxes, and rates of all sorts, together with the voluntary gifts of the people to ministers of the gospel! In the Courier, of the 7th of April, we have a statement of the British revenue, up to the 5th of April, from which it appears that the total increase for the last year is 2,963,115!.
The population of London in 1811, was 1,039,000 souls, and by ostimate 212,000 strangers are constantly in that metropolis, making the whole number 14 millions of souls. The Courier of the 5th states, that it was reported that the chancellor of the exchequer had agreed to allow a bounty of 3s. per quintal on all fish cured at Newfoundland. On enquiry, it turned out that no such expectation has ever been held out by the chancellor of the exchequer. In the house of commons, on the 7th of April, Mr. C. Hutchinson gave notice, that on the 7th of May, he should offer a resolution for the repeal of the alien act. There must be great joy in England, for the German woman, married to the duke of Cambridge, has been delivered of a baby-master for John Bull, at Hanover. The duchess of Clarence, on the following day, had a daughter, which died just after its birth. The duchess of Kent has set off from Germany for England, and the account says that she also is “so far advanced in pregnancy” as to be compelled to travel slowly! What stuff is this royalty/ Eighty one persons have been dismissed from employ at the custom house in London, for taking certain fees illegally. Great numbers of woolen and cotton weavers are said to be out of employ in England, on account of the diminished demand for articles of their manufacture, and fears are entertained for the public peace. In the rolls of parliament, A. D. 1446, is a petition from the commons of two counties in England, stating that the number of attornies had lately increased from sir or eight to twenty four, whereby the peace of these counties had been greatly interrupted by suits. The commons therefore petition, that it may be ordained that there shall be no more than sir common attorneys for Norfolk, the same number for Suffolk, and two for the city of Norwich. Any other person acting as an attorney to forfeit twenty shillings! In the space of 14 months, the duke of Atholl has planted the enormous quantity of five millions six hundred thousand trees. We believe we have noticed the removal of the colossal head of Memnon, from its position near Thebes, in Egypt, to London, where it is deposited in the British museum. We have an interesting account of this great undertaking of Mr. Belzoni, an Italian traveller, in the employ of Mr. Salt, the British consul general in Egypt. The labor may be estimated from the simple fact, that this astonishing piece of sculpture weights about twelve tons. The clerks employed in the bank of England are said to amount to eleven hundred, being about 50 more than are at present occupied in all the pub. lic offices at Washington. The British parliament, previous to adjournment on the 8th, for the Easter recess, passed a bill for restraining cash payments at the bank of Ireland, which afterwards received the royal assent. The committee of secrecy appointed to consider the state of the bank of England, with reference to the expediency of resuming cash payments at the period fixed by law, reported, on the 5th, that they were engaged in deliberating on the subject, and hoped to be able to make a report at an early day after the recess. Believing that they shall be able to fix a period for the final removal of the present restriction on the bank, which would be delayed by a continuance of the drain of the treasure from the bank, on account of its engagement to pay all notes of an
Carlier date than Jan. 1, 1817, and small notes under 51, the committee recommend that a bill be forthwith passed, restraining all such payments in gold coin, until their report shall be received and acted upon! Los Dox, Feb. 10. , -Bank of England.—Printed copies of the various ..accounts respecting this establishment, moved for and ordered in the house of commons, since the , meeting of parliament, were issued. They are 16 in number. The following is a brief abstract of their contents:–
1. An account of the total weekly amount of bank notes and the bank post bills in circulation, from the 30th of Dec. 1817, to the 25th of Jan. 1819:— On the 20th of January 1818, 30,622,350l. July 21,
1818, 29,433,460l; Jan, 19, 1819, 27,983,880l An account of the bank notes in circulation on . Saturday nights in each week, from the 1st of Jan. 1818, to the 25th of Jan. 1819, distinguishing the
value of the notes:–
On 24th Jan. On 23d Jan.
1818. 1819. Notes 51 and upward £20,187,770 €17,523,240 Bank post hills 1,819,020 1,758,670 Notes under 51. 6,593,060 7,628,480
3. An account of the weekly amount of bank notes in circulation, of the value of 5l. and less. • 1st week of 1st week of
4. An account of the amount of bank notes in circulation on the 7th and 12th of each month, offers nothing in point of difference with the preceding accounts, deserving of notice. 5. An account of the highest and lowest aggregate amount of bank notes of every kind, at any one time in circulation:— Highest aggregate am. was on 13th Jan. 1818 £30,945,880 Lowest aggregate am. was on 6th Jan. 1819. ggrega 24,610,850 6. An account of the number of forged notes, which have been detected by the bank of England, from the 10th April, 1818, to the 28th of Jan. 1819: Notes of £1 - - - - - 21,561 2 - - - - - 775
5 - - - - - - 670
10 - - - - - 77 20 - - - - - - 19 Above 20 - - - - - - 1 Totol number * 23,103
7. Number of sovereigns and half sovereigns issued from the bank, to the latest periods:—
Half sovereigns . 1,410,399 . 8, Aggregate amount of guineas, half guineas, and seven shilling pieces, issued from the bank of England, since the 5th Jan. 1816–701,418l. 19s. Total number cannot be ascertained. - 9. An account of the market prices of standard , gold and silver, with the courses of exchange, from 1st Jan. 1818, to 25th Jan. 1819:
On Jan. 23, On Jan. 22, 1818 1819. Gold, in bars 14 1 0 14 3 0 Portugal gold coin 4, 1 0 4 3 0 Silver, in bars 0 5 34 0 5 53 Spanish dollars 0. 5 4 () 5, 6 Exchange, Hamburgh, 2} 34 2. 33 8 Lisbon 58; 58 Paris, 3 days sight 24 20 23 50 *—Paris, 2 Usance 24 40 23 89
10. A statement of the balances of cash in the hands of the bank on account of the different branches of public revenue, (post office excepted.) Average balance, 453,7881. 11. A similar statement of the balances in the hands of the bank, belonging to the different departinents of the government (postmaster general's excepted.) including the balances of the accountant general of the court of chancery. Average amount 1,457,679.l 12. Postmaster general’s account. lance in hand, 27,205/. 13. Account of unclaimed dividends and lottery prizes. Average amount not advanced by government in pursuance of acts of parliament, but remaining in the hands of the bank, 766,952l. 14. Account of all public balances not particularly specified in the preceding accounts:—Aggregate amount 457,622. 15. An account of allowances by the public to the bank:—Total annual amount, 6,898l. 3s. 5d. 16, State of advances by the bank to government on land and malt, exchequer bills, and all other securities: At the 4th July, 1818, 12,595,307 l. 13s. 11d; at 5th January, 1819, 7,871,3011.9s. 11d. This account is exclusive of all exchequer bills and Irish treasury bills purchased by the bank, whether advertised to be paid off or not. London, April 9–A proclamation notifies the delivery to the bank of England (from the mint) a coinage of crown pieces, which are to pass for 5s. It is said that a new coinage of guineas is to be issued, which are only of the actual value of seventeen shillings.
FIRAN cre. French stocks on the 4th April—5 per cents 66. 95c. Marshal Brune has been assassinated in France. The king has given orders to institute proceedings against the assassins. A London paper says, that Eugene Beauharnois has recently been at Paris, and was introduced, in cog. to Louis XVIII. The king of France has reduced the number of the councillors of war to fourteen. Among these are such as have longest held their office. The others are to retire on a pension. Parisian theatres.—The following account is given in the Moniteur of the receipts of the theatres, and other places of public amusement, at Paris, for 1818:— fr. c. Academie Itoyal de Musique 598,622 40
Theatre-Francais 654,729 5 Opera Comique 704,975 70 Odeon-Favart 273,116 90 Bousses 63,394
Vandeville 540,473 25 Varietes 495,581 35 Gaietes 400,112 90 Ambigu 413,814 96 Porte-Saint-Martin 451,839 40 Curque Olympique 222,099 10 Bals de l’Opera 27,948
Bals de l'Odeon 4,107
'Tivoli 94,386 5 Jardin Beaujon 68,073 25 Ruggierri 4,251 25
Total 5,017,526 56 This amount does not include the Montognes, Belleville, Lilliputienness, &c. One tenth of the soceipts is appropriated to the support of the .#. and this tenth is estimated at nearly 588,000f, or about 24,500.
From the Boston Daily Advertiser. The following is an abstract of the report of Mr. Lafitte, lately presented to the French legislative chambers, on the state and transactions of the bank of France. The most interesting topic introduced by M. Lafitte, from its relation to the general principles of ~currency and commerce, is that of the limitation or extension of discounts, as connected wi h the state of the exchanges, and with the ebb and flow of the precious metals. About the month of July, 1818, the reserve of specie in possession of the bank amounted to 117,000,000 francs, or upwards of 4,800,000l. sterling; the rentes were very near 80; trade experienced no embarrassments; the surplus capital of the merchants, with that of the treasury, for which there was no immediate occasion, went to seek employment in the funds' The preceding loan, however, of 14,600,000 francs, had not yet been entirely paid up; while a new loan of 24,000; ojo of rentes was on the point of being opened, and an emission of 16,000,000 more was to take place, both on account of contributions payable to foreign owers. These two sums, in rentes, amounting to 20,000,000 represented a capital of 500,000,000 francs (upwards of 20,000,000l. stcrling,) all payable to foreigners within one year, by the exportation either of French produce, or of gold and silver. At this crisis other loans were set on foot in Austria, itussia, Naples and Prussia—This extensive and simultaneous operation of borrowing, produced a universal want of money. From 1st July to 8th 9: tober, the specie in the bank was reduced from 117 to 59,000,000 francs (2,450,000l.) little more than half its former quantity. stockjobbing of the wildest nature, and carried, principally by foreigners, to an immens; amount, joined its mischievous influence to that of the abovememtioned causes. By the 15th of October, the diminution of cash in hand, and the hourly application for discounts, were such as to decide the bank directors against taking any bills which had more than 60 days to run. The bank preferred a limitation in the course of the bills to be disceunted, to a diminution of their actual amount; and M. Lafitte asserts, that the directors never had recourse to the latter expedient. it is clear, however, that if only bills of a certain date were admitted, the total value of those presented for discount would be in fact reduced. On the 29th of October, the reserve of specie had fallen to 37,000,000 and the sums payable on demand had risen to 165,000,000. The solicitations for discount remained the same, and the demand of specie did not diminish.-The bank began to apprehend a run upon it for the payment of bank notes in cash. At the lowest point, the specie in hand fell to 34,000,000. The bank notes amounted to 108,000,000, and the accounts current might absorb 55,000,000, which establishes the preportion of a fourth to a fifth between the specie in possession and the notes payable on demand. The bank directors then resolved unanimously to limit their discounts to bills not exceeding 45 days to run. The bank has been reproached for this determination; but it was placed in the alarming alternative, of a suspension of cash payments or a resusal of discounts altogether, or an ill timed and difficult sale of rentes and shares of bank stock.-‘The non-payment of their notes could never be thought of. There was no sacrifice which it was not their duty to make to ensure, in every possible circumstance, the payment of their notes in cash.”. Of the two other expedients, a sale of rentes or bank stock,
if to a small amount, would have been useless; if attempted on a large scale, would have been either mischievous or impracticable; by shortening the period of its discounts, the bank avoided all danger, and secured every possible advantage. The immediate consequence of this contraction of its issues was, a full exchange with foreign countries, and a reflux of specie into France. Thence followed a resumption of the discounts at 60, and af. terwards at 90 days; and an augmentation of the cash in the coffers of the bank, from 34,000,000 to a sum which removes every shadow of apprehension or uneasiness for the future. . This latter circumstance is described with great simplicity and clearness in the official document. While the issues of the bank were unrestrained by fears for its own safety, the exchanges were adverse to France. The bank with a breath, reduced its issues, by limiting the description of bills which it would receive; and at once the exchanges became so favorable, that the flying coin retraced its footsteps, and replenished the country from which too large a quantity of paper had driven it. The bank of France, therefore, has satisfactorily proved, that the presence or absence of the precious metals is a contingency over which it can exercise a powerful influence and control. - NA POLEoN 150 NAPARTE. Dr. Stokoe, who succeeded Dr. O'Meara as physician to Napoleon, was dismissed by sir Hudson Lowe, because he would not prostrate his honorable functions into those of a mean retailer of every thing that occurred in the fimily under his charge, though he was willing to pledge his honor that if any thing came to his knowledge by which his alle: giance to his king or country could be compromitted by his secrecy, he would reveal it. On his return to London he was examined by the ministers, and the honorable resulthas been that he is immediately to resume his station. sp AIN. Late accounts from Spain speak largely of an expedition to the Pacific—it was expected to depart within a month. The “grand expedition,” proceeds “slowly”—it is thought it may set out in August or September next! Ferdinand it is reported, has refused to fulfil so much of the will of his late father as ordered the payment of his debts. Another edict of the inquisition, prohibiting the publication of certain books, is in the press, and will shortly be published. Paris papers contain a report, that the marriage of the king of Spain, was to be announced at Madrid on the 11th of April. Germ. ANY. The Persian ambassador, in passing through Wienna, on his way to England, presented the emperor of Austria, with several new poems, one of which consists of 14,000 stanzas. We have the particulars of the assassination of M. de Kotzebue. There seems much reason to believe that his death was caused by his opposition to the progress of liberal opinions, assisted probably, by the recollection, as recently mentioned, that he had acted as a spy over his countrymen, in the pay of IRussia. A young man, a student at Wurtzburg, named Sand or Sanders, entered Kotzebue's apartment, attacked him relative to his opinions and conduct, and proposed to fight him in a duel. K. declined—the other then stabbed him four times with a poinard, and he fell dead in the arms of his daughter, who rushed into the room. The assassin then went into the street, raised his clasped hands to
heaven, and triumphantly exclaiming Wivat Teutonial stabbed himself in several places, but not mortally, and it was thought might recover. A billet was found upon him containing these words, “sentence of death of Augustus de Kotzebue, executed 23rd March, 1819,” hence they suppose that the author of the crime was the agent of some secret society. The day after the affair, the assassin spoke a little, and declared with a very composed air that he was not sorry for what he had done—but that he had no accomplices. He died next day.
As Kotzebue has made a considerable noise in the world, the following account of him,in a letter from Frankfort, dated Jan. 13, 1819, more than two months before he was assassinated, may be properly inserted.—“Kotzebue will soon leave Manheim, and return to Russia. He has lost his character so much by having degraded himself to be a spy upon his own countrymen for Russia, that his departure is viewed by the Germans with pleasure. Some time back he resided at Weimar, where he was employed as chief of a system of espionage upon all Germany. The information which he thus collected was formed into reports, which he wrote in French, and gave to a German to copy, having first taken care to ascertain that he did not understand that hanguage. This continued for some time, until the editor of the Opposition Journal of Weimar went in by chance to the apartment of the copyist (with whom he was acquainted,) whom he found very busily employed. Admiring the beauty of the writing, he took up one of the letters, and perceived what the subject was. Pretending ignorance however, he asked what was the nature of the contents? The copyist replied, that he could not give him the information he desired, as he did not understand French, that they were written by M. Kotzebue, who for a long time had employed him to copy them. The editor then requested him to send him in future all letters which he received from M. Kotzebue, which he complied with. Upon perusal they were found to contain secret reports of espionage upon Germany, and were for the purpose of be: ing communicated to the emperor of Russia himself. In order to put a stop to this practice, and to manifest to the world the honorable nature of M. Kotzebue's employment, the editor publislred them. Kotzebue, enraged, commenced an action against him in which, however, he was cast; and was condemned to pay a fine of 600 Louis and publicly to beg pardon in the German papers. Such is the true character of the man who has so long deceived the world.”
The king of Sweden has issued a rescript for opening a loan of 600,000 specie crowns, to be lent in small shares, and at moderate interest, to his Norwegian subjects.
Accounts from Berlin of Merch 13th, says, “Our bank has just been been declared to be an institution independent of the states, as it originally was. Its paper is nearly at par value, though it gives only two per cent.”
The German papers, state, that count Humboldt is preparing the details of a new representative constitution for Prussia.
EAST IN nirs.
The number of the British military forces, serving in India, at the date of the last despatches, was 213,454.
so Uth Axirst IcA.
In a London January paper, [says the Democratic
Press] we notice the following short but important
paragraph: “Some idea of the importance of the freedom of the provinces of South America, to the commerce of Great Britain, may be formed from this fact, that nearly every ship now loading in the London docks, is bound for Buenos Ayres.”
CHRONICLE. The president of the U. S. arrived at Savannah, on Saturday evening the 8th inst. he was very handsomely received, and to partake of a public din ner there on the Tuesday following, dining on Monday with the corporation. Within five days, the steam boat Virginia made four passages between Baltimore and Norfolk, having run 880 miles in 86 hours. The United States steam boat “Western Engineer,” started from Pittsburg on the 5th inst. on her voyage for exploring the waters of the Missouri and Mississippi rivers. Col. Morgan, of the rifle regiment, who has been ordered to the command of the Yellow Stone expedition, has left St. Louis to assume it. The Ontario has arrived at New York from Annapolis. Bank of the U. S. Mr. John White has been appointed cashier of the branch of the bank of the U. S. at Baltimore, vice Mr. J. W. McCulloh, removed. The manner of this thing appears to be as strange as the appointment is unpopular. But— “its none of our business,” as the managers in it will say. The sensation caused by the removal was . astonishing—and the effect of the conduct which it is supposed to indicate, is fearfully anticipated by mercantile men in Baltimore; among whom, as in other cities, the chain of connection is so intimate that what operates upon a part is felt by the whole, .M.ine. A writer in the Eastern Argus notices that the following war vessels have been built at Kittery, in the district of Maine—Ranger, 28 guns; America, 74; Portsmouth, 28; Crescent, 36; Congress 36; Washington 74. General Stark. The old veteran still lives—he is said to have “lucid intervals in which his mind has self-possession—the same strength, the same apothegm, the same original energy is about hin.” He appears to receive every grateful attention from his descendants that it is possible to confer upon him. Louisiana stock.-Fifty-four per cent. of the ba-. lance due on this stock will be paid to the holders on the 21st of October next; and no interest will be paid on that portion beyond that day. “Roston Host.” A great caucus was held at Concert Hall, in Boston, on Sunday the 9th inst. whereat it was agreed to send roary-five representatives to the general assembly. A Philadelphia paper estimates that the state of Pennsylvania, at the same rate of representation, might elect sixteen hundred and seventy-two members; and their pay foss the usual time which the legislature of that state is in session, at four dollars per day, would amount to 802,569 dollars! French refugees. M. Terry, attached to the French, legation, gives notice that a French man-of-war will arrive at New York the last of June next, to carry to France such refugees from St. Domingo as are disosed to veturn to their native country. “As this ăvor has been requested only to alleviate honorable misfortunes, it is to turn only to the advantage of thc unfortunate.” Indian murders. Two men, George Bishop and John Wood, trapping for muskrat on the Carrying or Portage River, says a letter from Huron county, O, wcre recently murdered by a party of Indians;