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Spanish citizens are to enjoy, on the principle of guard would possess a complete power over the the Louisiana treaty, the same privileges as American , mail carrier, and the mail; and, if unfaithful might citizens in the ports of St. Augustine and Pensaco effect the most extensive depredations on its conla, for the term of twelve years.
tents; and in proportion to the numbers employed, These are the essential provisions of the treaty, would be the hazard of their unfaithful conspiration which is to take effect on the exchange of the ratiiie against the safety of the mails. If the system of cations, within six months of the present date. employing armed guards be once adopted, it could
It is probable that Mr. FORSYTH, our newly ap- never with safety be abandoned; such abandonment pointed ininister to Spain, will be the bearer of this would operate as an inducement to attempt, so far as ir aty and that the ratifications will be exchanged the opinion of the efficacy of guards might prevail, low before the commencement of the next session with those who might be disposed to seize the mails. of congress: in contemplation of which event, it is If one portion of roads only should be guarded, probable that congress will before they adjourn, it would seem that, while such were protected, the Dass an act authorizing the executive to receive the guardless portions were devoted to the chance of surrender of the provinces of Florida from the Spa-l enterprize. : nish authorities, and to establish an independent go- It is obvious, that if there should be a giard of vernment thercin,
two, it would require four; as two must sleep at We felicitate the country on this amicable and sa-quarters while the others were on duty; and aguard of tisfactory termination of the tedious, and hitherto two might be surprised and overcome by three, unpleasant negociations with Spain. The attain. I which would be numerically a fourth less than the ment of either of the three ohjects, the cession of whole guard actually emploved. In fine it may be
lorida, the settlement of the western boundary, or asked, who is to guard tie guards? the recornition and provision for the adjustment of | The cessasion of wars in Europe, and other causthe clairs of our citizens on Sp.in, would have been es, have produeed a migration to our shores of numconsidered as an epoch in the history of our foreign bers of desperate characters, and others necessitous relations. The union of the thr'e will make this trea- and urged by poverty: wbici, added to profligates ty trebly acceptable to the American people. of ourown nation,are dispersed in the community; and
It terminates the only exising controversy with being indisposed to self-support by honest means, any of the European powers. It rounds off' our with a dexterous audacity depredate on the propersouthern possessions, and for ver precludes foreignty of others, public and private. There have been emissaries from stirring up Indians to war and ne-|(since the establishment of the post office departcroes to rebellion, whjisi it gives to the Southernment) not more than three different occasions when country important outlets to the sea. It adjusts ( guards have been einployed for a short time; during the vast western boundary, acknowledging the Uni. which the expenses have been very great. Almost ted States to be sovereign, under the hitherto con- every citizen has an interest in the safe transportatested Louisiana treaty, over all the territory we ever tion of the public mails; is indignant at its robbery; seriously contended for. In a word, it is a treaty and much more so when committed by violence.than which the most sanguine have not anticipated Hence, the efforts always made by the citizens to one much more favorable; it is one that fully comes apprehend such as rob the mails; to which they are up to the expectations of the great body of the A. also stimulated by suitable rewards. merican people.”
Since I have been at the head of this department, not one instance of a violent robbery of the mail has
occurred, where the perpetrators have escaped ap· Mail Guards.
prehension, conviction and punishment. AN OFFICIAL LETTER.
| It may not be desirable in this nation to see the General post Ofice, Feb. 10. employment of an armed physical force to protect Sirl had the tonor to receive yours enclosing the operations of civil government, to the distrust of a resolution of the senate, instructing the committee (the civic virtues and moral energies of the people willon post offices and post loads “to enquire into the less in cases of emergency, and unless the efforts of expediency of authorising the postmaster general to those virtuves and mersies should fail of their proper employ an armed guard for the protection of the consequences, and demonstrate that a reliance on mails of the United States, on such nail routes as he them would be fruitless and deceptive, may deem necessary.”
Respectfully, your obedient servant, I have in reply, to state the following facts and
R. J. MEIGS, Jr." considerations, which naturally produce two sepa The Chairman of the Conmittee rate views of the subject; one, of augmentation of on Post Offices and Post Roads. expense; and the other, an uncertainty of securing the mails by the employment of armed guards. The resolution proposes to leare it discretionary with
Foreign Articles. the post master general on wliat mail routes to em
- ELTA. &.. ploy such guards.
The duke of Wellington, and lord Castlereagi Ti may not be easy to deciile at what point to con- and his lady, returned to England on the 19th of Demence or to terminate the employment of guards; Icember, aird it will be impossible for the pecuniary receipts
FRANCE. of the department to defrdy the expenses of any / In Paris, the loaf of 41hs. of the first quality, is considerable portion of the stage routes alone, an now selling for 7d, and that of the second quality which stages ron more than 10,000 miles per day; for 5d. even the stage fare of the guarrls rould be very es.
SPAIX. . tensive. The qualifications of such guards shouli . Erlaucis from French papers, be fidelity, vigilanct', and courage, for the use of Rra letter from coeta, it appcars that two Spawhich the have always slemanded and received inigh niards had been executed at that place, who were compensation.
taken in a privateer, said to be fitted ontin America. On the complete exercise of those qualifications Two Americans were taken at the same time, who would depend the whole security of the mail, as the were not brought to trial.
Letters from Madrid state that large bodies of fer no petition in their behalf, but that they sł:ould banditti, who are assembled in the mountains, make be put away. descents upon the towns and villages and lay them
GERMANY, under contribution.
The Algemeine Zeitung states that Abraham UfInquisition. The following document we copy fenheimen, the Jew banker, who lately failed at from a Paris paper of Dec. 16. The editor introduces | Vienna, had lent several million francs to the crown it with a column of remarks, closing with the fol- of Spain, and that his loss from the extraordinary lowing sentence: "It is a melancholy thing, while fall of Spanish paper was iminense. This failure every other government in Europe is setting its was immediately felt on the change at Vienna. people an example of enlightened liberality, to see Hamburg, Dec. 9,-- The young men destined for the jurisprudence of Spain relapsing into worse than South America, who were recently arrested here at primeval barbarism-to behold a fine people, yield. the request of the Spanish minister, were afterwards ing to none in qualities, both personal and mental, set at liberty. They then assembled to the number crushed both in mind and body, beneath the racks, of 800 and proceeded to the Danish territory, where and wheels, and scourges of a grand Inquisitor!- they effected their embarkation without experiencAlas! poor human nature!”
ing the slightest obstacle. ☺ The following decree has been issued under the
TURKET. authority of the grand Inquisitor, who is also private The accounts from Constantinople state, that the confessor to Ferdinand VII:
greatest activity prevailed in the naval arsenal there; ROTAL DECREE.
a ship of 80 guns and another of 74 guns, were “I the name of the Holy Trinity, etc:
launched in the course of November last. . «Whereas it has been made known to us that va- By a letter from Cairo, dated the 16th of October, rious publications of a heretical, irreligious, and se- published at Florence by Osman Aga, a general ini ditious tendency are ir, circulation amongst the sub- the service of the viceroy of Egpyt, it appears that jects of this kingdom; and whereas it is of the last the Wachabites, had been again totally defeated, importance that their progress should be arresteri, and their caliph or prince Abdalla, with all his fa? and the authors, publishers and circulators duly mily, had been taken prisoners by Ibrahim Pacha, punished, it has been determined that such mea- the son of the viceroy. sures shall be taken instantly as will most effectual
CANADA, ly accomplish this purpose.
Population of Quebec.—By a late census, it ap"All persons having in their possession works pears that the city of Quebec contains 15,257 inhabearing the following titles, shall be brought before bitants. Of whom, 11,991 are catholics, and 3246 the holy office, and such punishment inflicted as the protestants. case shall seem to require, provided it be not less than solitary imprisonment under the authority of the holy office for three months, and the payment In deferring the regular journal of the pro. of a fine of not less than 25 doubloons. The works ceedings of congress for several weeks past, to make prohibited are, “the history of the inquisition.'- room for the documents accompanying the report Reasons why the Inquisition should be abolished.' of the committee about the bank, it is by no means -A few remarks upon the re-establishment of the our intention to monopolize the weekly portion of brotherhood of the order of Jesus.'-_The theory new matter which our subscribers are entitled to reof the Cortes.'_The necessity of national represen-ceive; but to bring up the deferred journal in a tation.'-Observations on the conduct of several of gratuitous supplement which shall be published next the courts of Europe.'_Patriotic songs.'-"The week, for the sake of reference to the facts it condifficulties at present to be encomitered.” - tains. In the interim, however, we notice as usual,
The greater number of these heretical and sedi- the chief things that occurred during the week. tious productions have been printed in foreign coun. The report of a joint committee, on the business tries, in the Spanish language, and secretly intro- that it will be necessary to do in the present sessiJuced into this kingdom,
on, has been presented the detail is before us; it A proportionate punishment will be inflicted is very formidable for its length-yet, possibly, may upon such individuals as have in their custody any be nearly got through with, if the Florida treaty foreign journals, newspapers, &c. containing mat- does not provoke a debate in the house, as much of ter against the government and institutions of it has been partially acted upon. Spain.
| The debate about the bank of the United States, Given from Madrid, this 19th November, 1818. on the resolution offered by Mr. Johnson, of Va. tó
repeal the charter, was continued on Saturday. Mr. Francisco Xavier Mer Y Campillo, Lowndes delivered a long speech against the re
Grand Inquisitor of the Kingdom. solution, &c. generally in support of the bank.
Andres Florez Pereira, secretary : Mr. Tyler, spoke in favor of the resolution, Mr. Such is the fate of Spain, for suffering her sons M'Lane followed on the opposite side, and Mr. Serto be made fighting-maclanes of by England-this.geant addressed the committee on the same side the reward for the torrents of blood they shed under -the debate was resumed on subsequent days an idea that they were suffering for their country— Messrs. Pindall and Barbour in favor of a repeal her sopatriots," who bore the burthen and heat of of the charter, and Mr. Storrs against it. the day, were not only abandoned by their “magna- The following proceedings took place on Wednimous allies," but given up to the dungeon and to nesday, the 24th inst. death, by the miserable thing in whose behalf they! The house having again resolved itself into a com. contended and all this “in the name of the Holy Tri-mittee of the'whole, on the surject of the bank of nity.” Oh! foul and rank blasphemy-villainous asso- the United Statesciation of heaven'y attributes for demoniac pur- Mr. Spencer rose and spoke more than four hours poses! But we trust in God, that the time will come in defence of the report of the bank conimittee. when the ungrateful Ferdinand and his infamous Mr. Walker, of Kentucky, made a short speech in priests, will suffer on the racks and wheels which support of the motion to repeal the charter of the they have provided for others. Humanity can pre- bank,
The question was then taken on the resolution, Seminole war, not yet ended. The committee of the offered by Mr. Johnson, of Virginia, as follow's: senate, to whom was referred so much of the mes.
«Resolved, that the committee on the judiciary sage of the president as relates to the Seminole war, be instructed to report a bill to repeal the act, enti- have made a report in decided reprehension of the
tled “an act to incorporate the subscribers to the acts of the commanding general. · bank of the United States," passed April 10th, Nothing else of immediate importance, has been 1816."
transacted in congress since our last. And decided in the negativemayes 23. The question was next put on the resolution of
CHRONICLE, fered by Mr. Trimble,to issue a scire facias, and also
General Jackson. We shall record a particular acdecided in the negative-ayes 28. The resolutions offered by Mr. Spencer, and also
count of the honors showered upon this illustrious ref :red to this committee, were withdrawn by him;
chief in his late tour-their history belongs to the naand
""tion. The general has been every where received The committee took up the bill reported by the
with the highest respect that could be paid to him; 'bank committee, to enforce the act of incorporation,
and at New York, especially so. He is expected in by prohibiting the pretended distribution of shares;
"Baltimore this day, and the two brigades are very fr the purpose of undue influence in the election
handsomely ordered to be in readiness to receive
him. of directors. . Mr, Spencer proposed various amendments,intend
Washington's birth day-The 22nd inst, was honored to render the provisions of the bill more effec-) :
ed in all our principal cities by military parades, satual; all of which were agreed to.
lutes of artillery, displays of the national flag; and by Mr, Bassett moved then two amendments, the
balls, parties and suppers, &c. first, substantially, to compel the bank to redeem
| Maryland. The legislature adjourned on Saatlits notes with specie, at whatever branch they
turday last, after passing about two hundred laws. might be presented for payment. The object of
The pirates. Williams, Rog, Peterson and Fre. 'the second amendment was to prohibit any director
derick, convicted at Boston of píracy and murder of the bank, while acting as such, from dealing in
on board the schooner Plattsburg, of Baltimore, the stook of the bank. Both propositions were ne
were executed on Boston neck on Thursday, the gatived by very large majorities; and
18th inst. The first was a native of the state of New The committee of the whole then rose, and re.
York, the second of Minorca, in Spain, the third of ported their proceedings to the house, and
Denmark, and the fourth of Sweden. Their conThe house adjourred.
duct in prison is said to have been exemplary, and On Thursday the house agreed to the vote of the they met their fate with firmness. committee of the whole, for disagreeing to Mr.
| Public lands. A bill that is considered very im. Jolinson's resolution to repeal the charter of the
the portant, has passed the senate, to refuse future crebank, hy yeas and nays-as follows.
dit on sales of public lands. Government appears to For concurring in the disagreement-Mesers. Abbott, Adams have been driven to this necessity by the frequent, Anderson, Ky. Bateman, Bayley, Becher, Bennett, Bloomfield, Boss. Bryan, Butler, Lou. Campbell Clag tt, Cobb, Colston, Com. stock, Crafts, Cruger, Cu hroan, Darlington, Davidson, Earle, Er vin, S. C. Fisher, Folger. Fullur Gage, Gilbert, Hale, Herkimer, Hiicheock, Holians Hopkinson, Hubbard, Hunter Huntingdon, valuable land, in Putnam county, one of the thickly Jones, Kunser, Kirtlaud, Lawyer, Lewis, Linn, Little, Livermore, settled districts in the state of New Luwudes. M'Lage, D«), W. Maclay, W. P. Maclay, M.Coy, Ma
York. It apSol, Mass. Mason, R. I. Moro-r, Middleton, Mills. Sam. Moore, Morton, Mosley, Murray. Jer. Nelson, H. Nelon, Now, Newton, state by the attainder against a certain Roger MorOrr, Owen, Parroti, Pawling, Peter, Pickin, Pleasants, Poindexter, Portur. Quarles, Rred, Md. Reid. Geo. Rhra, Rice, Rich, Ring
: ris and his wife, and disposed of to various persona, gold, Robertson, Rogers, Ruggles, Sompson, Savage, Sawyer, from 1782 to 1785-but the records shew the sale of Scudder, Sergeant, Settle, Shaw, Sherwood, Silsbee, Simkins, Slow
only 38,486 acres, 24 perches, and for the sum of cumb. s. Smith, Bal. Smith, Alexander Smyth, J. S. Smith, South. ard, Sprid, Spencer, Storrs, Strother. Stuart, Md. Talligadge, Tarr. $59,784 37. Morris and wife, it is said, nad on . Taylor, Terrell, Terry, Tompkins, Townsend, Tucker, S.c. Tyler, Upham, Walker, N. C. Wallace, Wendover, Whiteside, Whitinau Wiikin, Williams, Con. Williamns, N. C. Wilson, Pen
€;r-lict is 86 years of age; the claim of the heirs has been 121.
relinquished to Mr. Astor. The commissioners apAgainst concurrence.- Messrs. Allen, Ms. Austin, Baldwin, Ball, pointed by the state have made a report on the subBarbour, Va Barber, Ohio, Basseti, Blount, Boden, Burwell, De. sha. Garneti. Hall, of N. C. Harrison, Hendricks, Herrick, Hogg. Hostetter, Johnson, Va. M'Leau, Ill. Merchaud, Robert Moore, tiated, Mr. A, would be bound to pay for all on
T. M. Nelson, Patterson, Ptgram, Pindall, Seybert, Trimble, brovements: but his counsel dissented from this opiWalker, Kan. Williams, N. Y.-30.
Mr. Trimble's resolution to order a scire facias, nion-Mr. Astor agreed to take three hundred thounext came up. The nays on concurring with the
sand dollars for his claim. The committee conclude committee of the whole, in its disagreement to this with saying that Mr. Astor“ınanifested a liberal disa resolution, were as follows:
position to aid and facilitate their inquiries." Messrs. Austin, Ball, Barhour, Vir. Barber, Ohio, Basset, Blount, Some very fine cod-fish were lately caught at a 'Boden, Burwell, Butler, Lou. Campbell, Desha, Ervin, S. C. Fluvd. Hall, N, C. Harrison, Hendricks, Herrick, Hitchcock, Hogg. Hosiriter. Johnson, Va. M'Lean, Ill. Marchand, Marr. Robert Moore. T. M N Ison, Patterson, Pegram, Pindall, Rhea. Rogers, I. Sured. Spencer, Tarr, Tritable, Tyler, Walker, Ken. Williams, WY. Williams, N.C.-39.
So the resolution was rejected, all the rest of the Memorial of George Williams. members present (116) voting in the affirmative.
RECEIVED AND READ, PEB. 15, 1819. Some time was spent in amending the bill to re- To the honorable the house of representatives of the gulate voting, &c. It was made much stronger than
United States. originally reported, and finally ordered to a third The memorial of George Williams respectfully reading, by yeas and nays-98 to 38.
sets forth; that having this day obtained a copy of A bill making appropriations for the public build the documents reported by the committee of your ings, was next considered, and ordered for a third house appointed to examine into the proceedings reading
of the bank of the United States, he deems it pro.
per to submit to the house of representatives some as a director of its concerns. He did not understand explanation relative to his conduct as a government that his appointment implied any restraint on his ac. director, which has been the subject of animadver-customed commercial dealing, or that, in clothing sion in the report of the committee. The imputa. himself with the office of a director, he thereby tions charged against your memorialist are three- abandoned his profession, or lost the character of a fold-First: that he subscribed eleven hundred and merchant. His purchases were made openly in the seventy two shares of stock in as many names, as market, and his engagements relative to them fairly their attorney, for the purpose of unduly influenc-entered into and honorably fulfilled. ing the election of directors. SecondThat he Your committee have appeared to suppose that was concerned in the purchase of one thousand sundry measures were adopted by the board of dishares for the account of Mr. Jones, on which a con- rectors, which, having had the effect to raise the siderable profit was realized by that gentleman, in price of the stock, were entered into for the pur. which the committee seem to suppose there was pose of giving an artificial and temporary enhancesome unfairness. And third that your memorial- ment to those prices. The ineasures allided to are ist, while a government director, had been deeply principally the resolutions to pay dividends in Eng. concerned in the purchase of stock, and in the mak-land; to loan to subscribers to enable them to pay ing and purchase of contracts for the delivery of the second instaliment; to loan on stock at par: and stock. With regard to the first allegation, he ob- subsequently, to loan on stock at one hundred and tained names and subscribed one share each on twenty five dollars per share, wit): requiring an ad. them, for the sole object of securing a considerable ditional imme. Your memorialist was not a director amount of this stock, entertaining a very favorable at the time the two first of these resolutions were opinion of the institution--but in so doing he had not passed, and not residing at Philadelphia, and consethe remotest view to influence the election, not be- quently seldom being present at the sittings of the ing even a candidate for the office of director lim- board, he was absent when the two last of those self. He procured also, eight hundred shares to be measures were adopted, so that he had no individual subscribed for him in different names, in ten and participation in any of those proceedings. Nor twenty shares each, in Lexington and Cincinnati, does he recollect ever to have advised or assented with the same object. The whole of the eleven to the payment of the dividends on delinquent bundred and seventy two shares were voted singly stock. He will, however, take this occasion to ob. at the first election, the transfer books not being at serve, that he entertains a thorough conviction that that time opened, and every share taken in single all those measures were entered into in perfect names as then voted, whether held by the real pro- good faith, and with no sinister or interested views prietor or by proxy. The sbares above referred to, on the part of the board of directors; and he does not were subsequently consolidated, and were never, af- doubt, that, if he had had a vote at all on anyof those ter the first election, voted as if held in single resolutions, they would have received his full ap. names. They were not voted on by the memorialist, probation, whatever may now be thought of their but by the agents of the Baltimore stockholders, in wisdom or policy. common with other shares held there; and although In conclusion, your memorialists begs leave brief. these stockholders held one fourth of the votes, Ily to notice the remarks made by the committee while those of New York held only one-twelfth upon his examination before them. He stated to thereof, it is decisive evidence that no undue influ- the committee bis perfect readiness to answer all ence was attempted to be exercised, in behalf of the enquiries which regarded his conduct as a public Baltimore interest, since only two directors were director, and even to disclose to them the particuclected into the first board from Baltimore, and a lars of all his contracts and concerns of every nature, like number from New York. In noticing the se- relative to his purchase of stock, for their satisfaccond charge, your memorialist avers that there is tion-but, understanding that the statements furnot the slightest foundation for imputing, either to nished, and the result contained would be printed bimself or to Mr. Jones, the late president, any hn- and published, he declined exhibiting for public in. fair or improper motives in that transaction. But spection his private transactions, they having not the be forbears to go into a statement of its particular least connexion with his proceedings or character as circumstances, inasmuch as that gentleman has pre- a director of the bank. And, your memorialist acsented documents in his justification to your house, knowledges that he made no explanations before thic establishing, as he trusts exclosively, its innocent committee in extenuation or vindication of his conand honorable character.
duct, as it appears by the report he had the op. In reference to the third allegation, your memoria portunity given him to do, both because he did not list acknowledges that, having believed that the then understand, to the best of his present recollecbank of the United States, being chartered by con- tion, that he was expected or invited to make exgress, would receive the countenance and be invi-planations for such an object; and, moreover, because gorated by the fostering protection of the govern- he did not conceive, nor does he now conceive, that ment; that it possessed great advantages, which in his conduct required either apology, extenuation or its progress would be continually developing, and vindication. During the two years he served bis becoming daily more evident--and that it would be government as a director, he endeavored to fulfil prosperous and productive, beyond any other moni- the duties of highonorable appointment to the best ed institution in the country, he early made large in. of his judgment and abilities. He arrogates in bis vestments in its stock, both by original subscription behalf no praise 'for manifesting either but he and by purchase: that almost all he ever obtained claims confidently the merit of having, at all times he continues now to bold; that in so doing he had and on all occasions, discharged those duties with not the most distant idea he was acting inconsistent. perfect integrity and uprightness. ly with his duty as a public director, or that he | Your memorialist, forbearing to invoke in bis fatransgressed the bounds, which bis obligations in vor that share of reputation which his fellow-citizens that situation imposed upon his conduct. Nor did have heretofore accorded to him, and which has be imagine that, in proportion as he increased his been hitherto unimpeached, relies with entire coninterest in the institution, he thereby diminished fidence on the justice and in partiality of your honois fidelity to it, or became the less qualified to act | rable house to acquit him in his character of a pub:
ar'e, and sold the 100,0%.12 shares more, at 48 San Goddard sing sold on lois account he h
'ic director, (in which character alone he has any Subscriptions were also made by other persons for bis use, chiefly right to ask to be heard) of all unworthy and dis
I in Baltimore and in Philadelphia, for upwards of six thousand
| shares. The stock so subscribed, both by himself and his agents, pears
was livided from 2 to 20 shares to a name. The inutives for using to condemn him, and to believe his motives to be so inany nanies was to secure the stock, and to obtain an intu. correct and pure, where his actions cannot be shewn
ence at the election of directors. He was anxious to bave the
institution well managed in which he held so large an interest. to be either criminal or even blamable.
He also procured, through Mr. Girard's subscription, 2000 shares. · GEORGE WILLIAMS. He purchased immediately thereafter, 8000 slures, at an advanco
of 4 dollars, and about 9000 at subsequent periods, from 10 to 17 Baltimore, February 10, 1819.
dollars advance. Those cases where the shares were so divided, he subscribed as attorney for the individuals whose names had been used, and those shares realiy belonged to him, and were principally voted upon by him at the first election, or to others who
were interested with himi; soon after the first election was over, CONCLUDED FROM vor. XV, PAGE 473.
they were transferred by the individuals whose names were used, Mr. Cadwalluder Evans, jr.
to him and to his order. He thinks the commissioners at Phila6th question. He does not know of any, excepting that which
delphia must have known that the shares upon which he volcu as has been transferred to the cashier in security of discounted notes.
attorney, belonged to bim. 8th. He paid the whole of it in specie upon one hundred sliares,
litla and 12. A number of the directors have purchased and originally subscribed, and thinks he gave about 8 or 10 per cent.;
sold to his knowledge. He has known Mr. John Savage to bus he paid it upon 200 shares afterwards purchased, from money de
occasionally, and sell a few sbares. Mr. S. bought 1000 shares st posited in the bank of the United States.
152 dollars, in the last of August, 1817, which he yet owns. Na ilth and 12th. In Noveiniser or December, 1816, he pur
thaniel Prime has purchased; he has no actual knowledge of N. ehased 200 shares, at 14 dollars advance; in the latter part of August, 1317, he purchased 10 or 12 shares more, at 48 dollars
Goddard has bought and sold. He understood Mr. Joves to say per share, and sold the 10 or 12 shares in a week or two after
he had purcilased a quantity of stock at 150 dollars, which he They were purchased, at 152 loliars, he thinks; be thinks he does
now holds, but Mr. Smith does not recollect the amount; be be not know of any other director having bought or sold, except troin
lieves Mr. John Donnel has neither bought or sold stoel, but general report.
bolds what he originally subscribed for, about 4000 shares; he has 13th. About the middle of August, 1817, he made a contract,
known Nr. George Williams to purchase a considerable amount Through Biddle, Wharton and Brothers, with J.C. Smith, for the
of stock, but has pever known him to sell any: Mr. John Bol oil sale of 200 shares, payable and deliverable in six months, at 145
was concerned with him in a purchase of shares at from 150 to 13 dollars per share, with infirst, the purchaser to receive the del
dollars per share; he does not recollect the amount, but thinks at Nigend; a note was takes, and at the time agreed upon the stock
feast 1005 shares; he has himself made many purcbases and sa was paid for and transferred. He dors not know of any other
of stock, but cannot state the amount. - diretor having made ally contract for the purchase or sale of
13th and 14th. He knows several directors to have contracted
to receive stock, but none to deliver it, except himself, wbo las 15th. He knows nothing but from general rumor.
contracted to do both. Mr. Robert Ralstollis examination.
About the 20 August, 1817, Mr. Jones was interested in a pur 6th question. He does not know of any being so held, except. chase of a contract for stock, which was made by a broker, M. ing that he bas 50 shares in his own noutre, in trust for Josial
Neven, in Philadelphia, on account of D. A. 6mith; the whole Roberts, of London), and 167 shares in trust for liis children...
contract was 3000 shares, of which. Mr. Jones had 1000 shares, 8th. He paid the whole sum, 10,000 dollars on 1000 sharus,
Mr. Savage had 1000 shares, and Mr. Jonathan Smith had 100 Coill; specie was at five per cent.
sbales, at 135 dollars per share; they were delivered in about 10 Tith and 12th. He does not know of any; he has himself pur.
day's, and the contract was fui, lied by the payment of the diver chased, in April, 1317, one hundred shares, at 813-4, subject to the
ence, to the amount of 40.000 dols. or thereabouts. There was a coltlast instalment being then paid.
tract made by Mr. George Williams and himself, with the Com. 13th and 14th. He does not kuow of any director having made
mercial Bank in Philadelphia, for the benefit of Mr. William any such contract. .
Jones, he thinks, for 1000 shares; the contract was fulfilled by the 15th. He does not know of any.
delivery of the stock. which was sold, and the profit given to Mr.
Jones at the making of the contract, of bis being interested, but Mr. Thomas Leiper-his examination.
previous to its maturity, such an iotimation was given. Ibe oth question. He knows Or none. At the time of the subscrip-profit on those !roo shares, was paid Mr. Jones in money. " tion, he took 100 sbares, ten shares in his own name and the resi
w name and the rest thinks the profit was about 15.000 dollars. If the concern had due in other names. It was generally divided in small parecis by I
been a losing one, it was the determination of Mr. Williams and the subscribers. They dividrd in this way to attect the elvetion. bimsell, not to apprise Mr. Jones of it. He has made distillet They are now all colidated in his own name. He was one of
He was one of contracts on his own account, with the Commercial ;Bank 1a :he commnissioners for taking subscriptions.
Philadelphia, for the purchase of stock, one for 1000 shares, and sth. He cannot give a) ariswer to this question.
one for 1700. Mr. Williams made a nuinber of contracts, for the uhond 12th. He has heard Mr. Savage say he bad bought purchase of shares. but made none for the sale of shares, to mi and sold, and that if be sold how he would be a loser. Mr. Godslard told him he had sold; be knows of no other director, except from general rumor; be has liiniself never bought or sold.
*p Testimony of Clerks in the bank.- Jonathan Patterson, Arse 13th and 14th. He has no personal knowledge on the subject.
Teller. 15th. He knows nothing respecting such purchasers, if any;
He was first teller on the 28th August, 1818, but was absent but bas no doubt there has been a great deal of that business done.
from the baut; he bas generally paid out the paper of this banki, Mr. Coulter-huis ea aminate n.
aud never paid out the branch notes when supplied with their 6th question. He answers in the negative; tbe stock subscribed
own, and when they were paid out, they were in notes ot small by him was divided, as was generally the case, to affect the first
denominations, tens and fives principally: but they sever ejection; but he has since consolidated.
mounted to any considerable sum. Soon after his return to the He paid the two first instalments in coin and fanded debt. Hel bank, which was two or three weeks after the 28th, the notes of the does not know st what rate specie was then sold, as lie in sorted
branchus were received from travellers; be was exchanged smali his coio. About July, 1817, le sold coin for the Fidia trade at
sumns with persons who stated they had received the brauch noles 20 per cent advance. He paid the coin part of the third instal
from the bank, before the resolution was passed.
Colch P. Iuring-third general head, third question. ment also in coin. 21th and 12th. About ten days ago, he sold 140 shares, at 112
Twenty-eighth August last, he was second teller, (receiving tel dollars, and this is the only sale he has ever inadr; he has made
| ler.) he knew of the resolutiow immediately on its being passa, po purchases. He kuows nothing of any other purchases or
(about 1 o'clock) but understood it was not to take extect ow' that sides, except froin coni mon port.
| day; he never paid out any other than the notes of the bank, es 3th and lith. He answers in the negative.
cept in cases of necessity; he on that day received all branch notes 351b. He answers in the negative.
that were offered; since the 29th, he has received the notes of
branches only in payment of duties to the government, except 14 The deposition of D. A. Smith.
very few instances, a small note would be received to save a pro Braltimore, Dec.
lest, but never as a favor to individuals, and generally on his own Den13 A. Smith's examination..
responsibility; he acted as first teller on the 28th August, and for Biti. He knows of a great variety of stock having been beld in
about two weeks after, and to notts of the branch-s with pre pilist; a number of shares have been hypothecated in England
been hypothecated in England erived from travellers, during the time when he so acted as first aud to individuals, for the purpose of obtaining loans; he knows ttler; the only notes of liranches which were paid out immediately of no oth r.
before the 281b Angus'were those of small denominations, and aid the second instalment on 39,000 shares, and paid the I never amonited to any consid.table sum. i propulition of 10 dollars per share in coin, and in draiigits
Jacob Clarkson. Buston, which were equal to coin. Tlie funded debt proper. He was discount clerk from the organization of the bank li Luwu paili as directed by the charter. I obtained no discount
charter. I obtained no discount | Mr. Burtis succeeded him; he kept the offering hook from 1 to to the bank of the United States, or its branches, to enable mez, and the account of notrs discounted on pledged stock; autore
preset the payment of iny second instalment; but I was an ad- kept the offering of notes on piedged stock; there never was his C e for the in asure adopted by the board tu sill the stockhold- note discounted on pleged stock, without their being payable"
en making that payment, by discouncing notes at short peri- l the cashier, unless in the case of discouN19 above the par volit. Oels, wayable in specie nesprce and draughts on Inston, Cost when an endors r was required for the excess; Joseplı 2, lk. w from 4 to 6 per cent in Philadelphia. The exchange between ments was associated with him in the discount department. In
Home mad Phila! Ipin, at that period, was about per cent. I the case of notes offered for renewal of those which had been of oh. He subscribed in bis own name, and as attor Dey for sun-leounted un pledged stock, and which full due on internet is incisons, but for bis sole account, fur 3105 shares at Baltimore. I duys between discount days, the discount has been waide by the
but he has sincenstalments in coinen suld, as he in forest surns