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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 ratifi- 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. Fonseth, our newly ap- never with safety be abandoned; such abandonment pointed minister to Spain, will be the bearer of this would operate as an inducement to attempt, so far as traty, and that the ratifications will be exchanged the opinion of the efficacy of guards might prevail, 1013 before the commencement of the next session with those who might be dispose 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 pass 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- enterprize. nish authorities, and to establish an independent go It is obvious, that if there should be a guard of vernment therein.

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 a guard of tisfactory termination of the tedious, and bitherto two might be surprised and overcome by three, unpleasant negociations with Spain. The attain. which would be numerically a fourth less than the ment of either of the three objects, the cession of whole guard actually employed. In fine it may be Florida, the settlement of the western boundary, or asked, who is to guard the guards? the recognition and provision for the adjustment of The cessasion of wars in Europe, and other caus. the claims of our citizens on Spain, would have been es, have produced a migration to our shores of mum. considered as an epoch in the history of our foreign |bers of desperate characters, and others necessitous relations. The union of the three will make this trea- and urged by poverty: which, added to profligates ty trebly acceptable to the American people. ofourown nation, are dispersed in the community;and

It terminates the only exis ing 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 forever 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 departgroes to rebellion, wbilst it gives to the Southern ment) not more than three different occasions when country important outlets to the sea.

It adjusts guards have been employed 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 transportatesied 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 Mail Guards.

occurred, where the perpetrators have escaped apprehension, conviction and punishment.

It may not be desirable in this nation to see the General post Office, Feb. 10. employment of an armed physical force to protect Str_I had the honor 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 unon post offices and post roads “to enquire into the less in cases of emergency, and unless the efforts of expediency of authorising the postmaster general to those virtues and energies 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 mail routes as he them would be fruitless and deceptive, may deen 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 Committee 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 leave it discretionary with

Foreign Articles. the post master general on what mail routes to em.

ENGLAND), &c. ploy such guards.

The duke of Wellington, and lord Castlereagla It may not be easy to decide at what point to com- and his lady, returned to England on the 19th of Demence or to terminate the employment of guards; (cember. and it will be impossible for the pecuniary receipts of the department to defray the expenses of any In Paris, the loaf of 4lbs. of the first quality, is considerable portion of the stage routes alone, on pow selling for 7d. and that of the second quality which stages run more than 10,000 miles per day; for 5d. even the stage fare of the guards wculd be very extensive. The qualifications of such guards should

Extracts from French papers. be filelity, vigilance, and courage, for the use of By a letter from Ceuta, it appears that two Spawhich they have always demanded and received high niards had been executed at that place, who were compensation.

taken in a privateer, said to be fitted out in America. On the complete exercise of those qualifications | Two Americans were taken at the same time, who would depend the whole sccurity 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 should banditti, who are assembled in the mountains, make be put away. descents upon the towns and villages and lay them 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 Viema, 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 immense. 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 ihe 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 experienc. Alas! poor human nature!"

ing the slightest obstacle. The following decree has been issued under the 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;

a ship of 80 guns and another of 74 guns, were "In 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 in dítious tendency are it, 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 arrested, and their caliph or prince Abdalla, with all his fae 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. 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 inha. bearing 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

CONGRESS. 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 probibited 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 represenceive; 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 encountered."

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 sessiduced 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, to (Signed)

repeal the charter, was continued on Saturday. Mr. Francisco Xavier Meir Y Campillo, Lowndes delivered a long speech against the re.

Grand Inquisitor of the Kingdom. solution, &c. generally in support of the bank.

Andres Flore: 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. Ser. to be made fighting-machines 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 daysan idea that they were suffering for their country- Messrs. Pindall and Barbour in favor of a repeal her "patriots," 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 Wedniinous allies,” but given up to the dungeon and to resday, the 24th inst. death, by the miserable thing in whose behalf they The house having again resolved itselfinto a comcontended-and all this in the name of the Holy Tri- mittee of the whole, on the subject of the bank of rate." Oh! foul and rank blasphemy-villainous asso- the United States, ciation 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 committce. 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 follows: 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 oar last. And decided in the negative--ayeg 23. The question was next put on the resolution of

CHRONICLE. fered by Mr. Trimble, to issue a scire facias, and also decided in the negative-ayes 28,

General Jackson. We shall record a particular acThe resolutions offered by Mr. Spencer, and also count of the honors showered upon this illustrious referred 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, Baltimore this day, and the tiro brigades are very

and at New York, especially so. He is expected in by prohibiting the pretended distribution of shares handsomely ordered to be in readiness to receive for the purpose of undue influence in the election of directors.

him, Mr, Spencer proposed various amendments,intend

Washington's birth dayThe 22nd inst. was honored to render the provisions of the bill more effec-led in all our principal cities by military parades, satual; all of which were agreed to.

lutes of artillery, displays of the national fag; and by Mr. Bassett moved then two amendments, the balls, parties and suppers, &c. first, substantially, to compel the bank to redeem turday last, after passing about two hundred laws.

Maryland. The legislature adjourned on Saall its notes with specie, at whatever branch they might be presented for payment. The object of

The pirates, Williams, Rog, Peterson and Frethe second amendment was to prohibit any director derick, convicted at Boston of piracy and murder of the bank, while acting as such, from dealing in

on board the schooner Plattsburg, of Baltimore, the stock of the bank, Both propositions were ne- 18th inst. The first was a native of the state of New

were executed on Roston neck on Thursday, the gatived by very large majorities; and The committee of the whole then rose, and re- Denmark, and the fourth of Sweden. Their con,

York, the second of Minorca, in Spain, the third of ported their proceedings to the house, and The house adjourned.

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 imJohnson's resolution to repeal the charter of the portant, has passed the senate, to refuse future crebank, by yeas and nays-as follows.

dit on sales of public lands. Government appears to For concurring in the disagreement, Messrs. Abbott, Adams, have been driven to this necessity by the frequent, Anderson, Ky. Bateman, Bayley, Brecher, Bennett, Bloomfield, and sometimes very unreasonable, demands for deBoss Bryan, Butler, Lou. Cainpbell Clagati, Cobb, Colston, Com ferment of payment. atuek, Crafts, Cruger, Cushman, Darlington, Davidson, Earle, Er. vin, s.c. Fisher, Folger. Fuller, Gage, Gilbert, Hale, Herkimer,

Mr. John Jacob Astor claims 51,162 acres of very Hitchcock, Holnes Hopkinson, Husbard, Hunter Huntingdon, valuable land, in Putnam county, one of the thickly Jones, Kinses. Kirtland, Lawyer, Lewis, Linn, Little, Livermore, settled districts in the state of New York. It apLowndes, M'Lane, Del. W. Maclay, W. P. Maclay, M'Coy, Ma. son, Mass. Mason, R. I. Mere-r, Middleton, Mills, Sam. Moore, pears that this property was sold as forfeited to the Morion, Moseley, Murray; Jer. Nelson, H.: Nelson, New, Newton, state by the attainder against a certain Roger MorOrr, Owen, Parrott, Pawling, Peter, Pitkin, Pleasants, Poindexter, ris and his wife, and disposed of to various persons, Porter. Quarles, Reed, Md. Reid, Geo. Rhea, Rice, Rich, Ring, gold, Robertson, Rogers, Ruggles, Sampson, Savage, Sawyer, from 1782 to 1785-but the records shiew the sale of Scudder, Sergeant, Seille, Shaw. Sherwood, Silsbee, Simkins, Slo- only 38,486 acres, 24 perches, and for the sum of ard, Speed, Spencer, Storrs, Strother, Stuari, Md. Talimadge, Tarr, 859,784 37. Morris and wife, it is said, had.only a Taylor, Terrell, Terry Tompkins. Townsend, Tucker, s.c. life estate in the property; the formeris dead, and his Tyler, Upham Walker, n. c Wallace: Wendover. Whiteside, relict is 86 years of age; the claim of the heirs lias been Williams,

relinquished to Mr, Astor. The commissioners apAgainst concurrence on Megre, Allen, Ms. Austin, Baldwin Ball

: pointed by the state have made a report on the subsha, Garnett, Hall, of N. c. Harrison, Hendricks, Herrick, Hoge, ject--they contended that if the claim was substanHostetter. Johnson, Va. M'Lean, I. Mercband, Robert Moore, tiated, Mr, A, would be bound to pay for all im1. M. Nelson, Patterson, Pgram, Pindall, Seybert, Trimble provements; but his counsel dissented from this opi

Mr, Trimble's resolution to order a scire facias, nion-Mr. Astor agreed to take three hundred thonnext 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 “manifested a liberal disresolution, were as follows:

position to aid and facilitate their inquiries." Messrs. Austin, Ball, Barbour, Vir. Barber, Ohio, Basset, Blount, Some very fine cod-fish were lately caught at a Boden, Burwell, Butler, Lvu. Campbell, Desha, Ervin, s. c spot bearing wby S. per compass, 18 leagues from Tloyal, Hall, N. C. Harrison, Hendricks, Herrick, Hitchcock, Hogg, zlostetter, Johnson, Va. M'Lean, IN. Marchand, Marr, koberi cape Henry, Moorr, T. M. Nelson, Patterson, Pegram, Pindall, Rhea, Rogers, Spred. Spencer. Tarr, 'Trimble, Tyler, Walker, Ked. Williams, N. Y, 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, FEB. 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 bisl 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 imputas himself with the office of a. (lirector, 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 bonorably fulfilled. ing the election of directors. Second-That 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 purwhich the committee seem to suppose there was pose of giving an artificial and temporary enhance. some unfairness. And third-that your memorial ment to these prices. The measures alluded to are ist, while a government director, had been deeply principly the resolutions to pay dividends in Engconcerned 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 instalment; 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, with requiring an adthem, for the sole object of securing a considerable ditional name. Your memorialist was not a director smount 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 sellom being present at the sittings of the jog even a candidate for the office of director him. board, he was absent when the two list of those self

. He procured also, eight hundred shares to be measures were adopted, so that he had no inriividual 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 hundred 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 mmes as then yoteil, whether held by the real pro. good faith, and with no sinister or interested views prietor or by proxy.' The shares above referred to, on the part of the board of directors; and he cioes not, were subsequently consolidated, and were never, af doubt, that, if he had had a vote at all or 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, ly 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 his perfect readiness to answer all ence was atiempted 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 particuelected 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 satisfaccand charge, your memorialist avers that there is tion-but, understanding that the statements furnot the slightest foundation for imputing, either to pished, and the result contained would be printed himself or to Mr. Jones, the late president, any un- 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 the establishing, as he trusts exclusively, its innocent committee in extenuation or vindication of his con. and 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 his 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 his honorable appointment to the best ed institution in the country, lié early made large in- of his judgment and abilities. He arrogates in his Festments 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 hold; that in so doing he had and on all occasions, discharged those duties with Dot the most distant idea he was acting inconsistent- perfect integrity and uprightness. ly with his daty as a public director, or that he Your memorialist, forbearing to invoke in his fa.. transgressed the bounds, which his obligations in vor that share of reputation which his fellow-citizeng 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 impartiality of your bono His fidelity to it, or became the less qualified to act rable house to acquit him in his character of a pub

ic diractor, (in which character alone he has any Subscriptions were also made by other persons for his use, chiefly

ight to ask to be heard) of all unworthy and dis in Baltimore and in Philadelphia, for upwards et vix thousand Honorable imputations, where no evidence appears was divided from 2 to 20 shares to a name. The motives for using to condemn lim, and to believe his motives to be so many names was tu secure the stuck, and to obtain an intiu. correct and pure, where his actions cannot be shewn institution well managed in which he held so large an interest.

erice at the election of directors. He was auxious to have the to be either criminal or even blamable,

He also procurel, through Mr. Girard's subscription, 2000 shares. GEORGE WILLIAMS. He purchased immi diately thereafter, 8000 shares, at an advance Baltimore, February 10, 1819,

of dollars, and about 9000 at subsequent periods, froin 19 w 1? dollars advance. Those cases where the shares were so divided, he subscribed as attorney for the individuals whose namus had been

used, and those shares really belonged to him, and were princiBank Documents.

pally voted upon by him at the tirst election, or to others who

were interested with him; soon after the first election was over, COXCLUDED FROM VOL. XV, PAGE 473.

they were transferred by the individuals whose names were used, Mr. Cadwallader 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 le voted as bas been transferred to the cashier in security of Jiscounted notes. attorney, belonged to him. 8th. He paid the whole of it io specie upon one hundred stares: sold to his knowledge. He has known Mr. John Savage, co bus

11th and 12th. A nuinber of the directors have purchased and he paid ir 200 shares afterwards purcbased, from money de occasionally, and sell a few shares, Mr. S. bought 1000 shares at posited in the bank of the United States.

152 dollars, in the last of August, 1817, which he yet uwis. Na 11th and 12th. In November or December, 1816, he pur

thaniel Prime has purchased; he has no actual knowledge of N. chased 200 shares, at 14 Jullars advance; in the latter part of Prime's having sold on his account, he believes he has. Jolin August, 1817, hr purchased 10 or 12 shares more, at 48 Junars / Guddard has bougbt and sold. He understood Mr. Jones lo say per

share, and soll the 10 or 12 shares in a week or iwo after he had purchased a quantity of ck at 150 dollars, which he ihey were purchased, at 152 dollars, le thinks: he thinks he does now bolds, but Mr. Smith does not recollect the amount; he be. not know of any other director having bought or sold, except from hirves Mr. Jolin Donnel has neither bought or sold stock, but

holds what he originally subscribed for, about 4000 shares; he has 15th. About the middle of August, 1897, he made a contract: of stock, but

has never known hila to sell any;

Mr. John Bolton

known Mr. George Wiiliams to purchase a considerable amount through Biddle, Wharton and Brothers, with J.C. Smjib, for the 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 155 dollars per share, with interest, the purchaser to receive the di dollars

per share; he does not

recollect the annount, but thiuks at vidend; a note was taken, and at the time agreed upon the stock least 3000 shares; he has himself made many purchases and sales was paid for and transtirred. He dors not know of any other of stock, but cannot state the amount. director having made any contract for the purchase or sale of 13th and 14th. He knows several directors to have contracted atuck

to receive stock, but none to deliver it, except bimself, wlau has 15th. He knows nothing but from general ruinor.

contracted to do both. Mr. Robert Ralston-his examination.

About the 20 August, 1817, Mr. Jones was interested in a pur 6th

question. He does not know of any being so held, excepto chase of a contract for stock,' which was made by a broker, Mr. ing that he has 50 shares in his own name, in trust för Josiah Neven, in Philadelphia, on account of D. A. Snith; the whole Koberis, of London, and 167 shares in trust for his children. contract was 3000 shares, of which, Mr. Jones had 1000 sharts, 8th. He paid the whole sum, 10,000 dollars on 1000 shares, in shares, al 135 dollars per share; they were delivered in abouto

Mr. Savage had 1000 sbares, and Mr. Jonathan Sinith had 10.0 cuin; spre vie was at five per cent.

11th and 12th. He does not know of any; he has himself pur-days, and the contract was fulfilled by the payment of the diffier chası-d, in April, 1817, one hundred shares, at 81 3-4, subject to the enct, to the amount of 40,000 dols. or thereabouts. There was a coulast instalment being then paid.

tract inade by Mr. George Williains and himself, with the Com 13th and 14th: He does not know of any director having made mercial Bank in Philadelphia, for the benefit of Mr. William any such contract.

Jon-s, he thinks, for 1000 shares; the contract was fulfilled by the i5th. He does not know of any.

delivery of the stock. which was sold, and the profit given to Mr. Mr. Thomas Leiper-his examination.

Jones at the making of the contract, of his being interested, but 6th question. He kuows of none. At the time of the subscrip-profit on those :000 shares, was paid Mr. Jones in money; he

previous to its maturity, such an intimation was given. The rion, he took 100 shares, ten shares in his own name and the resi: ihinks the prosie was about 15,000 dollars. I! the concern load due in other names. It was generally divided in small parcrls by been a losing one, it was the determination of Mr. Williams and the subscribers. They divided in this way to affect the electiovi. himself, pot to apprise Mr. Jones of it. He has made distinct They are now all consolidated in his own vame. He was one of contracts on his own account, with the Commercial Bank in the commissioners for taking subscriptions.

Philadelphia, for the purchase of stock, one for 1000 shares, and 8th. He cannot give au answer to this question.

our for 1700. Mr. Williams made a number of contracts, for the 11th and 12th. He has heard Mr. Savage say he bad bought purchase of sbares, but made none for the sale of shares, tu his and sold, and that it he sold now he would be a loser. Mr. God knowledge, dard told hiin he bad sold; he knows of 10 other director, except Testimony of Clerks in the bank.-Jonathan Patterson, first from general rumor; be has himself never bought or sold. 130i and 14th. He has no personal knowledge on the subject.

Teller. iath. He knows nothing respecting, such purchasers, if any;

'He was first teller on the 28th August, 1818, but was absent but has no doubt there has been a great deal of that business done: from the haisk; he has generally paid out the paper of this bank, Mr. Coulter-his c.xamination.

and never paid out the brancli noces when supplied with their 6th question. He answers in the negative; the stook sabscribed own, and when they were paid out, they were in noi of sinall hay biin was divided, as was generally

the case, lo affect the first denominations, tens and fives principally: but they never # election; but he has since consulidated.

mounted to any considerable sum. Soon after his return to the does not know at what rate specie was then sold, as he imported sums with persons wito stated they had received the brancl nules

He paid the two first instalments in coin and funded debt. He bank, which was two or three werks after the 28th, the rules of the his coin. About July, 1817, he sold coin for the India trade at 20 per cent advance. He paid the coin part of the third instal from the bank, before the resolution was passed. inent also in coin.

Calcb P. Idding-third general head, third question.. 11th and 12th. About ten days ago, he sold 140 shares, at 112 ver.) he knew of the resolution immediately ou its being passed

Twelly-eighth August last, he was second teller, (receiving tel. dollars, and this is the only sale he has ever made; he has inade 20 purchases He knows nothing of any other purchases or about 1 o'clock) but understood it was not

to take ettert un that sales, except from common report.

day; he never paid out any other than the notes of the bank, ex131h and 14th. He answers in the negative,

cept in cases of necessity; he on that day received all cranch nous 151. He answers in the negative.

that were utfered; since the 29th, he bas received the notes of

branches only in payment of duties to the government, except in The deposition of D. A. Smith.

very few instances, a small note would be received to save a pron Baltimore, Dec. 30th, 1818. test, but never as* favor to individuals, and generally on his own Dennis A. Smith's examination.

responsibility; he acted as first teller on the 28th August, and fur Ath. He knows of a great variety of stock leaving been held in about two weeks after, and no notes of the branches were re trust; a number of shares have been hypothecated in England ceived from travellers, during the time when he so acted as first and to individuals, for the purpuse of obtaining loans; he knows Lelier; the only notes of branches which were paid uutimmediately of no other #th. I paid the second instalment on 39,000 shares, and paid the never amounted to any consilerable sam.

before the 28th Angust, were those of small denominations, and specie proportion of 10 dollars per share in coin, and in draughts

Jacob Clarkson. oni Boston, which were equal to coin. The funded debt propor He was discount clerk from the organization of the hank till von I also paid as direeted by the charter. I obtained no discount Mr. Burtis succeeded hini; he kept the offering book from M 10 from the bank of the L'nited States, or its branches, to enable me z, and the account of notrs discounted on pk ilged stock; and he to meet the payment of my second instalment; but I was an ad- kept the offering of notes on pledged stock; there never was any

ocate for the measure adopted by the board to aid the stuckhold. note discounted on plerigad stock, without thrir veins payable to is in making that payment, by discounting notes at short peri- the cashier, unless in the case of discounts abuve the par valua, bils, payable in specie. The specie and dranights on Boston, cost where un endorser was required for the facess; Joseph T. Cl ine from 4 to 6 per cent in Philadelpbia. The exchange between ments was associated with him in the discount department. In Baltimore and Philadelphia, at that period, was about 4 per cent. tie case of notes offered for renewal of those which bad been dis.

och. Ke subscribed in his own name, and as attor vey for sun- counted on pledged stock, and which feil due an intermediate dry persgus, but for his sale account, fur 3100 shares at Baltimore. days befween discount days, the discount has been made by the

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