list of lettklts j k - university of kentuckynyx.uky.edu/dips/xt78pk06xf1h/data/1597.pdf · luman...

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LIST OF LETTKltS Remaining- in the Post Office at Lexington, October 1st, 1816, which is not taken out in three months, will it sent to the general Post Office at dead Uttert. A A?!iby William R. Andres Stephen Avery Nathan 3 Alvis Walter Adams Christopher 2 Anderson William Armstrong Francis W.Allen HicliM. Adams Polly AHis Henry Alexander Robt. Amiss William Aitkin Roberts. 3 Benning Perkins 2 Brainard John 2 Barker John, Jr. Bruce Helva Butler Thomas L. Baker Joshua Brent Hugh P. 2 Bayly Robert Breckenridge Wm. Bell Montgomery Berryman John H. Beck John H. Ball John Baxter Samuel A. Benton JesAe Breckenridge Wm. T. Beninger Mary Beauchamp John Bistos John B. Bradley James Baldwin Benj. Beauchamp J. W. Betehtle Henry Bourne Sarah Bianky Paul Bracken John Buckner Henry , Maily Charles or Jos. Baird Joseph Brite Albertus Bonier Sally Brooking Tbos. A, Bibb James Blackemore John Bradly's James & Wm Brown lidy (Butcher) Solomon Chinn Frailkllng Carr Elizabeth Combs Leslie Carryl Reuben Coleman Linser Caverdale Rich'd. Cosby Eliza Jonas 2 Cocke William A. Coyle John 2 Chambers Robert 2 Clay Abram Cavins John Chambers Wjlliam, Cleek Jacob Cartmell Elijah Cellars Josiah Curry R. W. Close Henry Cape Mamor T. Campbell Archibald Cromwell Benjamin Champrey Mr. Clements Joshua Cannon Willis Cauy John Cock John Clark MichaeJ Chamberlaine George Clinton Isaac Craig Joseph Davenport Peter Dawson Joseph Deal Le Marquis Downey Robert 2 Bevnur Samuel Downing Jordan Dunn Kbenezer U. Dunn Ebenezer DndgeUaVid3 Downton Richard Dickey John Duncan Samuel Dicson William Dukeminneer John Jsthem Richard 2 JSnos John Elder Matthew F.ppersan Chesley JSades James T.llis Littlebury JEUia Lewis C Xlder Andrew W. Try Henry Tartson William J'rench Alfred 2 Frazer Mary Frazer Joseph Foster Archibald G. 3 Tauntlsroy Wm. M. 2 Farer John 2 riornoy Mr. Trazer Sarah Julton Andrew Cray George Gordon Francis B. Goddard Archelaus Grey James 2' Girdner Michael Gardner Elizabeth Geib William Gibbons Sarahann Grooms Elijah H. Gray Thomas Grimes Charles Grimes John Gilbert Samuel H, IHuston- - Robert Holmes Robert Hicky Thomas Holtym&n Mary Huston Sarah Hall John Hawkins Martin 2 Hawkins Elizabeth Higbee John Hanly John H. Hamilton John 2 Hall Alexander HallerLswfs Hardy Jonathan Hampton Andrew Hawkins Smith Hampton Eliza W. Hendry John Hawkins:ElUa Hodgson aac Hodges Francis Hunt Mr. Horrel'John F. Atkins Ellis Armstrong John Anderson James X Baldwin Pleasant Boggs Robert, Jr. Barklow William Boggs Robert, Sen. Ureedwlll Sarah . Brink Philip 2 Bledsoe Richard Briedwell Fielden Bullock Waller 2 Bruin Joseph Boworth Nathaniel Bell Joseph H. Boone William 2 Briscoe Ralph Bosworth William Brown James M. Bryan Samuel Ballenger Francis Bennet Richard Burnley Marian Bogg3 George Bedford George A, Bryan Lewis Bibb George ,M. Boyd John Barker Joseph Barker Ann Best Samuel Bullock Mary . 4 Bainbridge Absalom 2 Baxter George A. Breckenridge Robert Bryan John Butler Richard P. 3 Breckenridge Jas. D. 2 Berrvman Richard Audaule John B. 2 o - Clark Junes"""' Cownover Peter Clerk Fayette "Circuit Court 3 Coleman John Coalman Horace Coleman Edward Clark John Coyl Patrick Coleman .lames Cooke Sally Clay George Crockett N. Childres Lindsey Coleman George Crim Fielding Crawder Anthony Camper Telman Cmmond James Carter Morris Carlan Thomas Comstock Nancy Curd Francis Chinn Sarah Clark William 2 Craig James Catlett Harriet Cail Robert Campbell Artluir Campbell John 2 D Davia'T)avtl FJ. Dunnings' Sarah Dawns Benjamin Donaho Golman Davenport William Dudley Ambrose Dougherty James Dunlap William Dawson & HarcoUrt Davis M. Dillon D. John Dunn Samuel Donkrens Thomas Elliott Catharine Ellis Powhatain Elliott John Elder Edward Elliott James Rev. Evans Francis Ellis William Ellis Thomas P Foster Hugh Fisher John 2 Fleming Wm- - Hon. Fears William t Ford Nathaniel Farmer Samuel Vs. Fergeson John Fleming Ann Flournoy Lawrence Foster Thomas O Grady Benjamin Gregory Peter Gatewood Thomas R. Garland Peter Gaebs John Gess John-Gorha- George Gapp William Cl Gibson Hugh Gibbons Joljn,!!, Graves- - Peggy-Gra- y John Is Hill Robert Haller Benjamin-Hera- n James L. 2 Howard Sarah Harris Thomas K. Hendron Samuel Hamilton James Hamilton Eliza Hawkins Emily W. Harding Elihu or John Harrison Thos. P. Hall Josepji Harsh'ell Anthony Hamilton John G. Hale W. M. Hendley John or Wm. Hamilton George Henderson David Hall William Halstead Alex'd. B. Hamill James-Hartshor- Jeremiah Hawkins Samuel O. Hammond Asa Harp Conratl or Georgellawkins Nicholas Henry Edward ,W. Hull John Harrisonyona. Hardy Richard' Jlarp Geofge ' Jlartnian Peter Hunt Enoch Hanes Simeon Hendrix Edward Hicks William Helmes R. Hickey Richard Johnson Jacob Jones Francis Johnscn Thomas Inskeep Joseph S. Johnson Isaac Inskeep Samuel Jimison William Kent Lesley Knowlton Abram Kenney Robert Keiser Adam Kise Abraham Lane Alfred Ladington II. Lowrie Isabella Leeky Andrew Longstreet Gilbert Lamone Meriah Labayteaux Peter Lowman John Lewis Hector Lowndes W. Lane U Uoggs Laywell Peter Long James Lakanal Monster Land John W. Maddox Nancy Morgan Sarah Morgan William-Morga- Daniel Matthew Chs. 2 Maddison George Moore H H. 2 Minter John T. Mason Stephen 2 Merrefee Benjamin Maddox William Morton Elijah Morrison David C. Mills Abigail Mason Peter 2 Myers Jacob Moor John T. Manifec Jouet Morris Thomas L. 2 Munday James Merideth William Madcap Ulisha Mie Ross Maguire Douglas May Kitty Morris Benjamin M'Kenney John M'CaHy Jolin M'Callester John M'Cane James M'Coun John M'Murry Prudence M'Coun Neil M'lntire William M'Govven Charles M'Coun J. & R. C. S. AI Kenney John Nothern Jeremiah Nelson Robert L. Nouval M ichael J. Neptbalem Mr. Nicholson Peter C. F. Overton Samuel Ofliitt Barnon Outen Levey 2 Outen Ann Oliver Mrs, Prewett William C. Peterson Wm. F. Price William Paul Peter 2 Pickett William Pildier John Parrish Dickinson Porter William Pmkey Samuel II. Plummer Robert Parry John r Palmateer William Presley John T. Peebles Robert Pearl George Pmdell Mrs. Percifull David M. Pardel Brays Poinsett J. U. 2 Preston James M. Patterson Samuel Parker John Read Thos. 3. Richardson Alios Robinson James F. Randsdell John Russell Mary Kogera Jerermaa Rankin Adam 3 Russell Wm. Russell Slephw 2 Redman Francis Roose Leioy Richards Elizabeth Ross George 2 Rankin Samuel Rice Wm. H. Rogers John Rimscy Thomas Russell Mary 0. Rollins Samuel Stout David Stout Jonathan Shelby James Spark Mertius Smiley Jonathan Smith "John Steele Samuel Snyder Philip 2 Sampson David Sharp Richard Silers James Sinclare Thomas Smith William 2 Slaughter George Simpsom Wm. 2 Stevenson Thomas Smith Elisha Simple Robert Say Benjamin' Strong Charles Shute Philip Sale Humphrey' Swaggard John Scothorn Nathan' Scott John Sands Daniel k Sawreys Samuel Tomlinson William 2 Todd John Tandy Willis" Tinsley Mary Talbert John Taylor James ISough Polly Higgins William Hopkins S. Gen. Hunt Wilson 2 Henry Jesse Helmes Thomas J J Irvin Eliza F. Irvin Mary D. Johnson Mary Jonstcn William James Hany2 Jefferes John Johnson Solomqn K Kise William Keen John Kay Gabriel T. Keen Oliver L Lilley John L'arkin Leonel James Lenderman Jacob Leach Simeon Long William Luman Sarah Leonard Whitehead Lowry Allen Lees Benjamin Linkinfeider Earbary Lay Molly Lindsay James 2 LouyzeJ. Peter Lewis Granville Little John P. Mashall James Marshall Francis Marsett Lisscy Moore Rebecca B. Mortin John 11. Myers John Murphe J. Moore Francis Maxwell George Milfer Adam Morriss Elizabeth Maddox Notly Murfey Henderson May Jacob Manuel Cath. Magee William Monroe Page Martin David Morris L. Moore Y Maxwell James D. Musby Wade 3 Montgomery Wm. Miller Robert 5 Jlfc M'Clane William M'lntire Frank M'Pheelers James M'Laughlin Rachael M'I'akeWm. M'Kay Mary M'Dowell Catharine M'Kee James 2 M'Isac Isaac 2 M'Gowen ElUabeth Nelson John 3 Nelson Melissa Nesbett James J. Noel Edwin 0 OfTutt Samuel R. 2 Odell Jacksou 2 Oliver John H. J)lBannon Margvret PaceDmdsilc Piatt Thomas : Payne Nathan Prentiss Thomas M. Pilcher Edward Poage Elijah Price Evans Postel Samuel Payton Jacob Phillips William Punch ard Doct. Postel Philip S. Porter James Pougue William L. .Perry Elijah Preston Walter Preston William Peaters John Pool Anthony Payne Danl. M'Carty Poage Linscy It Ruth Samuel Rankins Reuben Rankin Nancy Ransoell Augustus 3 Rogers Thomas II. Releston Robert Ritchlson Martha Roddick George Richardson James H. Ralston Sandy Reed William Robinson James & Read Robert Russell Nathaniel Randall Brice Reid Elijah Rarvey Jdlui Robinson Henry Hector Enoch S Stuart Robert Stuart James Stuart Alvan Stewart William 2 Shannon Nancy Severgine Srah Steele Joseph Seller Henry Scott Hannah 2 Serivoner John Smith Mrv M 2 Smith BelfordD. Smith Nicholas Stock Joshua' , Scantlin James Smith Mr. Seaborn James Spiers Greenbury Short John II. Sturgin Aaron Scott William Stephens Thomas Stevens Reuben 2 S'tephen William P. 2' Shaw John R. Mrs. Stivers John Saeray Elizabeth T Thompson Mr. Taylor Samuel 2 Tevel Joseph TemplemanHenry Tilford Samuel Towler Joseph Trout Saratl Tompkins John Taylor Sylvia Thompson George Tyler Henjamin Twedy David Taylor Robert Turner Edward Taylor Edward Tinnesson Joseph Thomas Reuben 2 Tucker William Utley William Vernon ft Skidmnre Vawter Thomas L. Wilson U Anderson Weathend Wm- 2 Wriley Benjamin Williams Zephemah Wilson Russell F. Wilson James 2 Witherspoon John R. 3 Winn Mary Woolfolk Waller Whinly John Wagnon John P. 2 Walker Edmund Welmon Cornelius Wright Samuel West Charles Watters Barbary Walts Frederick 2 Wallace Samuel M. D. Waller John Walls Geo. Wyalt Walter 2 Wallace lliomai Wallace James H. Withrow William Willace Mary A. Willia'mson Garret Wyatt Lucy Wright Pettes R. Wake Alexander 2 Wilson Jesse White Chipman 2 Webb Edward C. Whitehead John Yttcs John fining Itidgc Voung Leonard banks Tajlor David A.' Turnbull James Tipton John Tompkins M. Tapp Nelson A. Todd William Turnay David 2 Thompson Kitty Thompson Clifton William Thompson Sarah Todhunter Henry -- U Underwood Thomas V Vanpelt Samuel 3 rr Etham. White Lucy Wagnon Virginia D. Wilson Moses Wallace A lexander Z Zimmerman Daniel JOHN FOWLER, P M. Lexington, Oct 1, 1316 41 " Trae to his charge " He comes, the Herald of a noisy world ; " News from nil tiationslumb'i'ingat his back." Walker Hampton 2 Warble Elizabeth Williamson William Wolford Jacob Walker Ezekier WhiteJoseph West John Wash James Wilkins John B. 2 Wall Samuel Warning John Webb George Wastuman James Walker James Woolfolk Sowyel Simon 3 Wattei s Bladen 2 Wilkinson John 3 Wilcox Ducius P. Wilson David Winchester Benjamin 2 Walker Adam li. Wilson Thomas Williamson John Worley Caleb James Wobhs Jacob r Voting John Yarnall Isaac 2 from the same class of or June, is they do not! of those measures of operated so pernicious A public examination of the Students of the Transylvania University will commence in the Hall of the University this day, atOo'clck, i. m ana continue three days. A BIBLE SOCIETY, Auxiliary to the " American Jiible Society," has been forrried and organized in this place. BANK DISCOUNTS. Mr. Carey has published a jtidieidus Icttertothc Bank Directors of Pluiadclnhii "on the curtail- ment of discounts, and the effects of the organi. ZalioiioftUe Bank of the United States." We regret opr want of room for the whole of Ibis in- teresting and seasonable communication. Alter some just obsi'riations on the impolicy of cre- ating so mauv banks, by which thousands have ruined, see the author endeavors-t- prove that Kroundls alarm ha? beeu felt on the UffltetTStates Bank. "Cot. " Fear (says he) is a miserable counsellor. It docs not merely magnify actual dangers, but gives body and substance to those which have but an ideal existence. Those who submit to its dictation, bid adieu to reason and common sense. It is, in the present case, an ignitfatuut that certainly leads to destruction. Let us calmly examine the subject, and see how far these terrible anticipations are likely to be confirmed by the event. To render the investigation more clear and e, I assume as undeniable, I. That the directors of the Bank of the U, States will betaken cifqsens as the directors of the other banks and that they can havq no interest in distress- ing or ruining the community but directly the reverse. II. That to promote their own interests and those of their stockholders, thev must dis count, and that to a very ooiderable amount; f say at least sour, or five, or six millions ofdol-lar- s in this city. Thev cannot otherwise make any adequate dividends III. That the object of the state banks being to reduce the gross amount of their bills dis-- 1 counted, thereby to diminish their specie re-- j sponsibilities ; provided this object beaccom-- ! plished at any tirtie previous to the resumption of snecie navments. it mint answer evcrv va. ! luable purpose they can propose to themselves ; and therefore it will be the same in effect. whether it be January Warden Wallace AVallace intend to pay specie before the 1st of July. jv. That the attempt, by all the banks, to make any adequate reduction of their bills dis- counted at the present period, when the tra- ding and commercial part of the community with sew exceptions have their resources lock- ed up, and when an almost universal stagna- tion prevails, cannot possibly sail to produce the most ruinous consequences. V That the city bmks may reduce (heirdis-count- s easily, and to whatever extent they may deem necessary, when the bank of the United States is in operation, and capable of filling the void this measure will create." The first position bejngadmilted, as I think it must be, it follows clearly, that there is not the smallest reason to expect the wanton and wicked hostility which is so much apprehend- ed, and the dread of which has impelled the to the adoption curtailment that have Jane Tod been ly. Can it be supposed that such a body of oireciors as we must presume will be chosen, would earn " the curses deep and loud," which would pursue them, living and dead, is they took measures to reduce any of the sister in- stitutions to bankruptcy ? Were they aban- doned and wicked enough to plan iuch a hide- ous scheme, could they be so stupid and blind as not to see that such a base attempt would operate fatally on thecredit of all banking their own as well as others That they could not Ml to suffer in their individual capacities by the ruin 'hey xvould thus pro-duc- e ? Away then, and forever, with such a miserable idea, unworthy of the community. Let us fondly hope that it would be impossi- ble, consistently with the act of incornora. tion, to form a boardof directors in the city of r.uiaueipnia, wno coma tor a moment harbor such a sell purpose; far less attempt to carry it into' execution. The ground being thus cleared of two thirds of the difficulty that attended the discussion, I proceed' & ths second position. fl. " That to promote their own interest's ind those of the stockholders', they must dis- count, and to a very considerable amount, say at least sour, or five or six millions of dollars in this city. This divides itself into "two points. 1. For whom will those discounts be done ? And 2. On what will they be predicated 2 I. They will be generally done for persons indebted to the other banks, and who will be obliged to discharge their debts to those banks, with the proceeds of the notes discount-e- d for them by the new one. II. They will be predicated, either 1. On notes of the Bank of the U. States, or, 2. For a limited time, on the notes of the state banks, of which notes the Bank of the United States will be in possession of im mense sums, received in payment of duties, at least till the 2M ns Februaiy. Or 3. Finally.ybr the tame limited time, on both kinds of notes together. Let us investigate the operation in all these cases. Is the npw bank discountsor a limited time, (say 60 or 90 days) in whole or in part on the notes of the state banks, for persons indebted to those banks, then it obviously follows, that the latter, when their notes are thus paid in by those who receive them from the Bank of the United States, will be enabled to reduce them within such limits as they may judge necessary. But suppose on the other hand, that the Bank of the United States discounts only on its notes, the result will be exactly the same. The discounts, as I have already stated, will generally be for persons indebted to the other banks who will pay their debts to those insti tutions with the notes of the new bank. And these notes will form a full and fair offset the claims of this bank upon the others, arising from its becoming the depository of the public monies. The third, fourth, and fifth positions are ne- cessary corollaries (rum the first and second. The object of the state banks being to reduce their specie responsibilities, previous to pay ing specie ; and it being unimportant whether this reduction takes place one month, or three, or six months before the resumption of specie payments ; and further, it being impossible to ellect thai object to any great extent previous to the commencement of the new bank, and perfectly practicable aster that event takes place it clearly follows that the continuance ot curtailment of bank accommodation at pre- sent, is a gratuitous and unnecessary infliction of ruin on a part, and of great distress on the rest of a most interesting community. It is time, gentlemen, to draw to a conclu- sion. It deeply behoves yon to ponder well on the course you pursue. In your bands are the suture prospects and the happiness of a large portion of your fellow citizens many of Whom, though now dependent on your will and pleasure, and unfortunately liable to be ruined by your frowns, toe your equals in all the so- cial relations in all that renders man estima- ble in the eyes,of his fellow men, or of his creator. A continuance of the system of cur- tailment, will extend the range of bankruptcy, ruin, and desolation. The abandonment of that deleterious system will restore peace, happiness, and prosperity Should you ruin a large portion of the community, as must be the case, is, in a time of such utter stagnation, you continue to press hard on the public, your institutions will suffer. And I say clearly and distinctly, they ought to suffer. This is strong language. It is unpalatable. But it is strictly true. Is, on the other hand, you use indul- gence towards the public is you delay re. trenchment till the bank of the United States is organised, tlrere will than be more banking capital in the city, than can find employment. You can therefore, at that period, reduce your discounts, your notes in circulation, and of course your specie responsibilities, as far as J prudence shall dictate. Will you then hesitate in the choice ? One road leads to distress and wretchedness ; the other to ease, and comfort, and security May you be so far enlightened as to tread in the blessed path, that will cicatrize the wounds inflicted by the fatal errors of the past year ; errors which have done more injury to thena-tion- , than all the horror's of a vindictive war- fare of nearly three years. I have been brief to avoid tiring you I might have very much amplified the arguments j but I have studiously avoided it. I now proceed to a summary of the whole i and hope I have made it appear, 1. That the present distress is as great, and the suture prospects are full as gloomy, as those in April last. 2. That the system then adopted having oeeu wise anu salutary, me contrary system now pursued must necessarily be highly inex- - pcajcm 3. That the object of reducing the amount of bills discounted, is pursued to any great ex- tent tit present, will produce the most ruinous consequences to the banks as well as the com- munity. 4. That by deferring this redaction till the Bank of the United States is in operation, it can be accomplished with general ease and comtort. 5. That there in no reason' to dread any hos- tility from the new bank towards the old ones. 6. That the Bank of the United States must discount largely to make suitable dividends and 7 That whether it discounts on the notes of the state banks, or on its own, the result will be, to enable the latter to effect a proper proportion between their specie means and their specie responsibilities. From the Georgetown JUessenger-W- e understand that a vessel has just sailed, with despatches for the Mediterranean, which will determine the suture relations between the United States and Algiers. It will be in the recollection of our readers that the results of the late negotiation between the Deyof Algiers and commodore Shaw wfi iUnt ..... i.: should remain as it then stood, until the on'm. ; iciuciu touiu dc Known respecting the matters in dispute. This opinion the Dey will now receive. As far as we have been able to learn any thing of this dispute, it was this. The origin- al treaty with Algiers having heen lost on its way to the United States, in the Epervuer, the ratification of the president was affixed to an authentio copy which had been preparing and transmitted, with a view to such a contingency On thjs document being presented to the Dey he refused to acknowledge it, declaring it was deficient in a very importiuit point, in as much as his copy contained an article which was no where to be sound in this. The reader will be surprised to hear that this pretended article was a stipulation that all the prizes which had been captured from the Algerines during the war, should be restored by the United States, and that a treaty should, hereafter, be conclu! tied on the usual terms. Such is rumoured to have been the demand of the Dey. It is how- ever difficult to imagine how such a pretension could have entered Gis raind ; seeing that com- - mondoe Decntur ates that he posit, ipi seU to insert in the treaty any such stipui.uio i respecting the restoration ot the prizes ; a, d seeing that, is the suture compact in the i""ul terms, meant an agreement to pay tribute "i some shape or other, it. is declared in the pn-- . ent treaty that no such tribute shall ever be dc manded by the Dey. It was, we are told, under these circumstan- ces that it became necessary to refer to the government We understand that ti- -j Dey addressed the president a letter Written irt Arabic on the subject) and we believe that the answer forms part of the despatches which uas now on their way to Algiers. As we pretend to no familiarity with cabinet secrets, we shallnotundertike tristatethe con- tents of this correspondence. Bur, is the De has really made the Acknowledgment of sucix stipulations-the- conditions for the observance of the treaty, we know what answer it would become a president of the United States to make to such a demand. And is the Dey should still be of the same mind, the immediate re- newal of hostilities will give him a speedy op- portunity of making such better teimsastnc chances of war may authorise him in demand- ing. What will be the determination of the Dey on tlie receipt of these dispatches, is the nest question. We believe the only prize which had not been restored to the Dey at the time of his negotiations with commodore Shaw, ha since beer, given up to him by the Spanish gov- ernment, by which it was then claimed. On that ground, therefore, lie will have no substan- tial reason for complaint : and, unless he should think it due to his honour that a stipulation to give up these prizes should stand on record in the treaty, there can be no difficulty on that subject. The conduct of the Dey wilf, howev- er, be governed by other and different consider rations. He made the treaty merely to avert a hostility which he"wai not prepared to mert. He will probably, be now, in a different stale of preparation. The menaces which have; reached him from almost every part of the . world, were enough to have alarmed tut mist imprudent or the most secure. The t ase with which a hostile sleet may run up to l.s ! very citadrl, a-- j he has seen exemplified in the course ot rew months, oy commodore Ueca-tu- r and Shaw, end loid Bxmouth, could not have escaped hiSobser.ation. Under such he must be a madman to luve any means or or dclincf. In ' all probability, therefore, he will nut be insuUi a slate of danger as to render it nece-.-ar- fur him to renounce all pretensions to tribute, and. thus, abandpn what lord Castleieagh "the long established policy of the state he " governs But, We shall be told ; "You overlook the great expedition of loidExmouth." "That will have taught the Dey other principles and other policy." Perhaps for the moment that may have made somecnange. It the Dey shall uaVe sound himself unable to resist such a force, at doubtless he is, he will have yielded. But it will not have been necessary for him to go far. It is not consistent with the long established policy of England to destroy his power or the system on which he acts. Something is neces- sary to satisfy the clamour which this system, happens, at this moment, to have excited m Europe r and beyond that, the English govern- ment will not push him. But, as we have seer by the former treaty of lord Kxmouth, those negociations do not affect us We shall have our own affairs to settle. We have luckily, int our ships and frigates, and sloops of was- - and bombs in the Mediterranean, so many argu- ments which are known to have weight' in the Dey'smind; and, is the Dey should find, on re- viewing his own arguments, that ours prepon- derate, he will probably be convinced that ourt it a Pennine copy of the treatu, and ought there sore to be respected. But, whatever course the Djy may think lo pursue towards she United States at present, we. think it certain, from the whole tenor of his conduct, that no peace which is not purchased, whether it be by annuity or by present, will be maintained by him one minute aster he finds it may be violated with impunity. We trust,, therefore, fro long as the Jong established poli- cy of Algiers is permitted, whatever mat apparent security, that for the s ike of ojt commerce, and infinitely more for the sake of our citizens, we shall always have a powerful squidron in the Meditterrttneln for their pro- tection, EXTIIACT DATED " August JO The expedition against the Mexican coast,, which rendezvoused in one of the neighbouring islands, carrying 800 well officered and appoint- ed troops, besides the crvs of the squadron, sailed the last days of tpe preceding month., under convoy of a sleet of 18 Mexican armed vccis, wiucn aiso carried stores tor the expe- dition. One division of the expedition had ar- rived at Punta Gorda, in the Bay of St. Bar-nard- o, province of Texas, and tonk possession, of that important position without opposition. M. Herrera the Mexican minister, is here, and is sbout to depart for that place, to organize a government for that quarter, and to establish. an admiralty court for the trial of prize causes. The other division has- probably proceeded Tampico ;. the royalists have some forti- fications at Tampico, and some regular tropps, but there is some reason to believe thev will not make any resistance. Huasa Huales on side of Vera Cruz, one of the best ports on the Mexican shore, is in the power of the patriots. M. Herrera has lately received dis- patches from his government of a very satisfac- tory nature for the republican cause. This and other information received by private individ- uals, has produced a revolution in opinion, here at least as to the success of Mexican independ- ence, and to want of confidence has succeeded a confidence unbounded ; and a sew furtlier op- erations of the Mexican force, will open to the United States the richest commerce in the uni- verse. Dr. R. who sailed some time since ia the Seranac, has been in the interior of Mexico, and in intercourse with the MeTican govern- ment; the royal agents who spread abroad re- ports of disasters and massacres, to deter men. from .thinking,, had killed the doctor, bv ac-- j port ; however, he reports himself well, and re- turned to the coast from the interior with a. btindant funds in his hands; letters from hun, ot a late date, are here. It is ascertained with confidence, that in the principal cities of Mexico, including Vera Lruz, the majority of the most intelligent and opulent people, are of-th- revolution, and among them great numbers of enlightened Luropean Spaniards, who only look for a suff- iciently powerful movement of the patriotic party, to join openly in the Mexican cause. I he scandalous conduct of Ferdinand VII. and' those base and servile satellites who have co. operated to establish the inquisition and abso-lu- te despatism, have exasperated all those who. were advocates of the constitution of the Corfes and associated them in feelings with the cause of the n patriots, Creoles as well as Spa-nur- resident in America ; and the? depreda- tions which the patriot privateers make with impunity on- the public ships as well as the merchant ships of Spain, have disconcerted the partizans of the monopolists of Cadu, and they J- -

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Page 1: LIST OF LETTKltS J K - University of Kentuckynyx.uky.edu/dips/xt78pk06xf1h/data/1597.pdf · Luman Sarah Leonard Whitehead Lowry Allen Lees Benjamin Linkinfeider Earbary Lay Molly

LIST OF LETTKltSRemaining- in the Post Office at Lexington,

October 1st, 1816, which is not taken out inthree months, will it sent to the general PostOffice at dead Uttert.

AA?!iby William R. Andres StephenAvery Nathan 3 Alvis WalterAdams Christopher 2 Anderson WilliamArmstrong Francis W.Allen HicliM.Adams PollyAHis HenryAlexander Robt.Amiss WilliamAitkin Roberts. 3

Benning Perkins 2Brainard John 2Barker John, Jr.Bruce HelvaButler Thomas L.Baker JoshuaBrent Hugh P. 2Bayly RobertBreckenridge Wm.Bell MontgomeryBerryman John H.Beck John H.Ball JohnBaxter Samuel A.Benton JesAeBreckenridge Wm. T.Beninger MaryBeauchamp JohnBistos John B.Bradley JamesBaldwin Benj.Beauchamp J. W.Betehtle HenryBourne SarahBianky PaulBracken JohnBuckner Henry ,Maily Charles or Jos.Baird JosephBrite AlbertusBonier SallyBrooking Tbos. A,Bibb JamesBlackemore JohnBradly's James & WmBrown lidy(Butcher) Solomon

Chinn FrailkllngCarr ElizabethCombs LeslieCarryl ReubenColeman LinserCaverdale Rich'd.Cosby Eliza Jonas 2Cocke William A.Coyle John 2Chambers Robert 2Clay AbramCavins JohnChambers Wjlliam,Cleek JacobCartmell ElijahCellars JosiahCurry R. W.Close HenryCape Mamor T.Campbell ArchibaldCromwell BenjaminChamprey Mr.Clements JoshuaCannon WillisCauy JohnCock JohnClark MichaeJChamberlaine GeorgeClinton IsaacCraig Joseph

Davenport PeterDawson JosephDeal Le MarquisDowney Robert 2Bevnur SamuelDowning JordanDunn Kbenezer U.Dunn EbenezerDndgeUaVid3Downton RichardDickey JohnDuncan SamuelDicson WilliamDukeminneer John

Jsthem Richard 2JSnos JohnElder MatthewF.ppersan ChesleyJSades JamesT.llis LittleburyJEUia Lewis CXlder Andrew W.

Try HenryTartson WilliamJ'rench Alfred 2Frazer MaryFrazer JosephFoster Archibald G. 3Tauntlsroy Wm. M. 2Farer John 2riornoy Mr.Trazer SarahJulton Andrew

Cray GeorgeGordon Francis B.Goddard ArchelausGrey James 2'Girdner MichaelGardner ElizabethGeib WilliamGibbons SarahannGrooms Elijah H.Gray ThomasGrimes CharlesGrimes JohnGilbert Samuel H,

IHuston- - RobertHolmes RobertHicky ThomasHoltym&n MaryHuston SarahHall JohnHawkins Martin 2Hawkins ElizabethHigbee JohnHanly John H.Hamilton John 2Hall AlexanderHallerLswfsHardy JonathanHampton AndrewHawkins SmithHampton Eliza W.Hendry JohnHawkins:ElUaHodgson aacHodges FrancisHunt

Mr.Horrel'John F.

Atkins EllisArmstrong JohnAnderson James

XBaldwin PleasantBoggs Robert, Jr.Barklow WilliamBoggs Robert, Sen.Ureedwlll Sarah .Brink Philip 2Bledsoe RichardBriedwell FieldenBullock Waller 2Bruin JosephBoworth NathanielBell Joseph H.Boone William 2Briscoe RalphBosworth WilliamBrown James M.Bryan SamuelBallenger FrancisBennet RichardBurnley MarianBogg3 GeorgeBedford George A,Bryan LewisBibb George ,M.Boyd JohnBarker JosephBarker AnnBest SamuelBullock Mary . 4Bainbridge Absalom 2Baxter George A.Breckenridge RobertBryan JohnButler Richard P. 3Breckenridge Jas. D. 2Berrvman RichardAudaule John B. 2o -

Clark Junes"""'Cownover PeterClerk Fayette "Circuit

Court 3Coleman JohnCoalman HoraceColeman EdwardClark JohnCoyl PatrickColeman .lamesCooke SallyClay GeorgeCrockett N.Childres LindseyColeman GeorgeCrim FieldingCrawder AnthonyCamper TelmanCmmond JamesCarter MorrisCarlan ThomasComstock NancyCurd FrancisChinn SarahClark William 2Craig JamesCatlett HarrietCail RobertCampbell ArtluirCampbell John 2DDavia'T)avtl FJ.

Dunnings' SarahDawns BenjaminDonaho GolmanDavenport WilliamDudley AmbroseDougherty JamesDunlap WilliamDawson & HarcoUrtDavis M.Dillon D. JohnDunn SamuelDonkrens Thomas

Elliott CatharineEllis PowhatainElliott JohnElder EdwardElliott James Rev.Evans FrancisEllis WilliamEllis ThomasPFoster HughFisher John 2Fleming Wm- - Hon.Fears William tFord NathanielFarmer Samuel Vs.Fergeson JohnFleming AnnFlournoy LawrenceFoster Thomas

OGrady BenjaminGregory PeterGatewood Thomas R.Garland PeterGaebs JohnGess John-Gorha-

GeorgeGapp William ClGibson HughGibbons Joljn,!!,Graves- - Peggy-Gra- y

John

IsHill RobertHaller Benjamin-Hera-n

James L. 2Howard SarahHarris Thomas K.Hendron SamuelHamilton JamesHamilton ElizaHawkins Emily W.Harding Elihu or JohnHarrison Thos. P.Hall JosepjiHarsh'ell AnthonyHamilton John G.Hale W. M.Hendley John or Wm.Hamilton GeorgeHenderson DavidHall WilliamHalstead Alex'd. B.Hamill James-Hartshor-

JeremiahHawkins Samuel O.Hammond Asa

Harp Conratl or Georgellawkins NicholasHenry Edward ,W. Hull JohnHarrisonyona. Hardy Richard'Jlarp Geofge ' Jlartnian Peter

Hunt EnochHanes SimeonHendrix EdwardHicks WilliamHelmes R.Hickey Richard

Johnson JacobJones FrancisJohnscn ThomasInskeep Joseph S.Johnson IsaacInskeep SamuelJimison William

Kent LesleyKnowlton AbramKenney RobertKeiser AdamKise Abraham

Lane AlfredLadington II.Lowrie IsabellaLeeky AndrewLongstreet GilbertLamone MeriahLabayteaux PeterLowman JohnLewis HectorLowndes W.Lane U UoggsLaywell PeterLong JamesLakanal MonsterLand John W.

Maddox NancyMorgan SarahMorgan William-Morga-

DanielMatthew Chs. 2Maddison GeorgeMoore H H. 2Minter John T.Mason Stephen 2Merrefee BenjaminMaddox WilliamMorton ElijahMorrison David C.Mills AbigailMason Peter 2Myers JacobMoor John T.Manifec JouetMorris Thomas L. 2Munday JamesMerideth WilliamMadcap UlishaMie RossMaguire DouglasMay KittyMorris Benjamin

M'Kenney JohnM'CaHy JolinM'Callester JohnM'Cane JamesM'Coun JohnM'Murry PrudenceM'Coun NeilM'lntire WilliamM'Govven CharlesM'Coun J. & R. C. S.AI Kenney John

Nothern JeremiahNelson Robert L.Nouval M ichael J.Neptbalem Mr.Nicholson Peter C. F.

Overton SamuelOfliitt BarnonOuten Levey 2Outen AnnOliver Mrs,

Prewett William C.Peterson Wm. F.Price WilliamPaul Peter 2Pickett WilliamPildier JohnParrish DickinsonPorter WilliamPmkey Samuel II.Plummer RobertParry John rPalmateer WilliamPresley John T.Peebles RobertPearl GeorgePmdell Mrs.Percifull David M.Pardel BraysPoinsett J. U. 2Preston James M.Patterson SamuelParker John

Read Thos. 3.Richardson AliosRobinson James F.Randsdell JohnRussell MaryKogera JerermaaRankin Adam 3Russell Wm.Russell Slephw 2Redman FrancisRoose LeioyRichards ElizabethRoss George 2Rankin SamuelRice Wm. H.Rogers JohnRimscy ThomasRussell Mary 0.Rollins Samuel

Stout DavidStout JonathanShelby JamesSpark MertiusSmiley JonathanSmith "JohnSteele SamuelSnyder Philip 2Sampson DavidSharp RichardSilers JamesSinclare ThomasSmith William 2Slaughter GeorgeSimpsom Wm. 2Stevenson ThomasSmith ElishaSimple RobertSay Benjamin'Strong CharlesShute PhilipSale Humphrey'Swaggard JohnScothorn Nathan'Scott JohnSands Daniel kSawreys Samuel

Tomlinson William 2Todd JohnTandy Willis"Tinsley MaryTalbert JohnTaylor James

ISough PollyHiggins WilliamHopkins S. Gen.Hunt Wilson 2Henry JesseHelmes ThomasJ JIrvin Eliza F.Irvin Mary D.Johnson MaryJonstcn WilliamJames Hany2Jefferes JohnJohnson SolomqnKKise WilliamKeen JohnKay Gabriel T.Keen Oliver

LLilley JohnL'arkin Leonel JamesLenderman JacobLeach SimeonLong WilliamLuman SarahLeonard WhiteheadLowry AllenLees BenjaminLinkinfeider EarbaryLay MollyLindsay James 2LouyzeJ. PeterLewis GranvilleLittle John P.

Mashall JamesMarshall FrancisMarsett LisscyMoore Rebecca B.Mortin John 11.

Myers JohnMurphe J.Moore FrancisMaxwell GeorgeMilfer AdamMorriss ElizabethMaddox NotlyMurfey HendersonMay JacobManuel Cath.Magee WilliamMonroe PageMartin DavidMorris

L.Moore YMaxwell James D.Musby Wade 3Montgomery Wm.Miller Robert 5

JlfcM'Clane WilliamM'lntire FrankM'Pheelers JamesM'Laughlin RachaelM'I'akeWm.M'Kay MaryM'Dowell CatharineM'Kee James 2M'Isac Isaac 2M'Gowen ElUabeth

Nelson John 3Nelson MelissaNesbett James J.Noel Edwin

0OfTutt Samuel R. 2Odell Jacksou 2Oliver John H.

J)lBannon Margvret

PaceDmdsilcPiatt Thomas :

Payne NathanPrentiss Thomas M.Pilcher EdwardPoage ElijahPrice EvansPostel SamuelPayton JacobPhillips WilliamPunch ard Doct.Postel Philip S.Porter JamesPougue William L..Perry ElijahPreston WalterPreston WilliamPeaters JohnPool AnthonyPayne Danl. M'CartyPoage Linscy

ItRuth SamuelRankins ReubenRankin NancyRansoell Augustus 3Rogers Thomas II.Releston RobertRitchlson MarthaRoddick GeorgeRichardson James H.Ralston SandyReed WilliamRobinson James &Read RobertRussell NathanielRandall BriceReid ElijahRarvey JdluiRobinson HenryHector EnochSStuart RobertStuart JamesStuart AlvanStewart William 2Shannon NancySevergine SrahSteele JosephSeller HenryScott Hannah 2Serivoner JohnSmith Mrv M 2Smith BelfordD.Smith NicholasStock Joshua' ,

Scantlin JamesSmith Mr.Seaborn JamesSpiers GreenburyShort John II.Sturgin AaronScott WilliamStephens ThomasStevens Reuben 2S'tephen William P. 2'Shaw John R. Mrs.Stivers JohnSaeray ElizabethTThompson Mr.Taylor Samuel 2Tevel JosephTemplemanHenryTilford SamuelTowler Joseph

Trout SaratlTompkins JohnTaylor SylviaThompson GeorgeTyler HenjaminTwedy DavidTaylor RobertTurner EdwardTaylor EdwardTinnesson JosephThomas Reuben 2Tucker William

Utley William

Vernon ft SkidmnreVawter Thomas L.

Wilson U AndersonWeathend Wm- 2Wriley BenjaminWilliams ZephemahWilson Russell F.Wilson James 2Witherspoon John R. 3Winn MaryWoolfolk WallerWhinly JohnWagnon John P. 2Walker EdmundWelmon CorneliusWright SamuelWest CharlesWatters BarbaryWalts Frederick 2Wallace Samuel M. D.Waller JohnWalls Geo.Wyalt Walter 2Wallace lliomaiWallace James H.Withrow WilliamWillace Mary A.Willia'mson GarretWyatt LucyWright Pettes R.Wake Alexander 2Wilson JesseWhite Chipman 2Webb Edward C.Whitehead John

Yttcs Johnfining ItidgcVoung Leonard

banks

Tajlor David A.'

Turnbull JamesTipton JohnTompkins M.Tapp Nelson A.Todd WilliamTurnay David 2Thompson KittyThompson Clifton

WilliamThompson SarahTodhunter Henry --

UUnderwood ThomasVVanpelt Samuel 3

rrEtham.

White LucyWagnon Virginia D.Wilson MosesWallace A lexander

ZZimmerman Daniel

JOHN FOWLER, P M.Lexington, Oct 1, 1316 41

" Trae to his charge" He comes, the Herald of a noisy world ;" News from nil tiationslumb'i'ingat his back."

Walker Hampton 2Warble ElizabethWilliamson WilliamWolford JacobWalker EzekierWhiteJosephWest JohnWash JamesWilkins John B. 2Wall SamuelWarning JohnWebb GeorgeWastuman JamesWalker JamesWoolfolk Sowyel

Simon 3Wattei s Bladen 2Wilkinson John 3Wilcox Ducius P.Wilson DavidWinchester Benjamin 2Walker Adam li.Wilson ThomasWilliamson JohnWorley Caleb

JamesWobhs Jacob

rVoting JohnYarnall Isaac 2

from the same class of

or June, is they do not!

of those measures ofoperated so pernicious

A public examination of the Students of theTransylvania University will commence in theHall of the University this day, atOo'clck, i. mana continue three days.

A BIBLE SOCIETY,Auxiliary to the " American Jiible Society,"

has been forrried and organized in this place.

BANK DISCOUNTS.Mr. Carey has published a jtidieidus Icttertothc

Bank Directors of Pluiadclnhii "on the curtail-ment of discounts, and the effects of the organi.ZalioiioftUe Bank of the United States." Weregret opr want of room for the whole of Ibis in-

teresting and seasonable communication. Altersome just obsi'riations on the impolicy of cre-ating so mauv banks, by which thousands have

ruined, see the author endeavors-t- provethat Kroundls alarm ha? beeu felt on the

UffltetTStates Bank. "Cot.

" Fear (says he) is a miserable counsellor.It docs not merely magnify actual dangers, butgives body and substance to those which havebut an ideal existence. Those who submit toits dictation, bid adieu to reason and commonsense. It is, in the present case, an ignitfatuutthat certainly leads to destruction.

Let us calmly examine the subject, and seehow far these terrible anticipations are likelyto be confirmed by the event.

To render the investigation more clear ande, I assume as undeniable,

I. That the directors of the Bank of the U,States will betakencifqsens as the directors of the other banksand that they can havq no interest in distress-ing or ruining the community but directlythe reverse.

II. That to promote their own interests andthose of their stockholders, thev must discount, and that to a very ooiderable amount; fsay at least sour, or five, or six millions ofdol-lar- s

in this city. Thev cannot otherwise makeany adequate dividends

III. That the object of the state banks beingto reduce the gross amount of their bills dis-- 1

counted, thereby to diminish their specie re-- jsponsibilities ; provided this object beaccom-- !plished at any tirtie previous to the resumptionof snecie navments. it mint answer evcrv va. !

luable purpose they can propose to themselves ;and therefore it will be the same in effect.whether it be January

Warden

Wallace

AVallace

intend to pay specie before the 1st of July.jv. That the attempt, by all the banks, to

make any adequate reduction of their bills dis-counted at the present period, when the tra-ding and commercial part of the communitywith sew exceptions have their resources lock-ed up, and when an almost universal stagna-tion prevails, cannot possibly sail to producethe most ruinous consequences.

V That the city bmks may reduce (heirdis-count- s

easily, and to whatever extent they maydeem necessary, when the bank of the UnitedStates is in operation, and capable of fillingthe void this measure will create."

The first position bejngadmilted, as I thinkit must be, it follows clearly, that there is notthe smallest reason to expect the wanton andwicked hostility which is so much apprehend-ed, and the dread of which has impelled the

to the adoptioncurtailment that have

Jane

Tod

been

ly. Can it be supposed that such a body ofoireciors as we must presume will be chosen,would earn " the curses deep and loud," whichwould pursue them, living and dead, is theytook measures to reduce any of the sister in-

stitutions to bankruptcy ? Were they aban-doned and wicked enough to plan iuch a hide-ous scheme, could they be so stupid and blindas not to see that such a base attempt wouldoperate fatally on thecredit of all banking

their own as well as others Thatthey could not Ml to suffer in their individualcapacities by the ruin 'hey xvould thus pro-duc- e

? Away then, and forever, with such amiserable idea, unworthy of the community.Let us fondly hope that it would be impossi-ble, consistently with the act of incornora.tion, to form a boardof directors in the city ofr.uiaueipnia, wno coma tor a moment harborsuch a sell purpose; far less attempt to carry itinto' execution.

The ground being thus cleared of two thirdsof the difficulty that attended the discussion,I proceed' & ths second position.

fl. " That to promote their own interest'sind those of the stockholders', they must dis-count, and to a very considerable amount, sayat least sour, or five or six millions of dollarsin this city.

This divides itself into "two points.1. For whom will those discounts be done ?

And2. On what will they be predicated 2

I. They will be generally done for personsindebted to the other banks, and who will beobliged to discharge their debts to thosebanks, with the proceeds of the notes discount-e- d

for them by the new one.II. They will be predicated, either1. On notes of the Bank of the U. States,

or,2. For a limited time, on the notes of the

state banks, of which notes the Bank of theUnited States will be in possession of immense sums, received in payment of duties, atleast till the 2M ns Februaiy. Or

3. Finally.ybr the tame limited time, on bothkinds of notes together.

Let us investigate the operation in all thesecases.

Is the npw bank discountsor a limited time,(say 60 or 90 days) in whole or in part on thenotes of the state banks, for persons indebtedto those banks, then it obviously follows, thatthe latter, when their notes are thus paid inby those who receive them from the Bank ofthe United States, will be enabled to reducethem within such limits as they may judgenecessary.

But suppose on the other hand, that theBank of the United States discounts only onits notes, the result will be exactly the same.The discounts, as I have already stated, willgenerally be for persons indebted to the otherbanks who will pay their debts to those institutions with the notes of the new bank. Andthese notes will form a full and fair offset

the claims of this bank upon the others,arising from its becoming the depository ofthe public monies.

The third, fourth, and fifth positions are ne-cessary corollaries (rum the first and second.The object of the state banks being to reducetheir specie responsibilities, previous to paying specie ; and it being unimportant whetherthis reduction takes place one month, or three,or six months before the resumption of speciepayments ; and further, it being impossible toellect thai object to any great extent previousto the commencement of the new bank, andperfectly practicable aster that event takesplace it clearly follows that the continuanceot curtailment of bank accommodation at pre-sent, is a gratuitous and unnecessary inflictionof ruin on a part, and ofgreat distress on therest of a most interesting community.

It is time, gentlemen, to draw to a conclu-sion. It deeply behoves yon to ponder wellon the course you pursue. In your bands arethe suture prospects and the happiness of alarge portion of your fellow citizens many ofWhom, though now dependent on your will andpleasure, and unfortunately liable to be ruinedby your frowns, toe your equals in all the so-

cial relations in all that renders man estima-ble in the eyes,of his fellow men, or of hiscreator. A continuance of the system of cur-tailment, will extend the range of bankruptcy,ruin, and desolation. The abandonment ofthat deleterious system will restore peace,happiness, and prosperity Should you ruin alarge portion of the community, as must bethe case, is, in a time of such utter stagnation,you continue to press hard on the public, yourinstitutions will suffer. And I say clearly anddistinctly, they ought to suffer. This is stronglanguage. It is unpalatable. But it is strictlytrue. Is, on the other hand, you use indul-gence towards the public is you delay re.trenchment till the bank of the United Statesis organised, tlrere will than be more bankingcapital in the city, than can find employment.You can therefore, at that period, reduce yourdiscounts, your notes in circulation, and ofcourse your specie responsibilities, as far as J

prudence shall dictate.Will you then hesitate in the choice ? One

road leads to distress and wretchedness ; theother to ease, and comfort, and security Mayyou be so far enlightened as to tread in theblessed path, that will cicatrize the woundsinflicted by the fatal errors of the past year ;

errors which have done more injury to thena-tion- ,

than all the horror's of a vindictive war-fare of nearly three years.

I have been brief to avoid tiring you I mighthave very much amplified the arguments j butI have studiously avoided it. I now proceedto a summary of the whole i and hope I havemade it appear,

1. That the present distress is as great, andthe suture prospects are full as gloomy, asthose in April last.

2. That the system then adopted havingoeeu wise anu salutary, me contrary systemnow pursued must necessarily be highly inex- -

pcajcm3. That the object of reducing the amount

of bills discounted, is pursued to any great ex-tent tit present, will produce the most ruinousconsequences to the banks as well as the com-munity.

4. That by deferring this redaction till theBank of the United States is in operation, itcan be accomplished with general ease andcomtort.

5. That there in no reason' to dread any hos-tility from the new bank towards the old ones.

6. That the Bank of the United States mustdiscount largely to make suitable dividendsand

7 That whether it discounts on the notesof the state banks, or on its own, the resultwill be, to enable the latter to effect a properproportion between their specie means andtheir specie responsibilities.

From the Georgetown JUessenger-W- eunderstand that a vessel has just sailed,

with despatches for the Mediterranean, whichwill determine the suture relations between theUnited States and Algiers. It will be in therecollection of our readers that the results ofthe late negotiation between the Deyof Algiersand commodore Shaw wfi iUnt ..... i.:should remain as it then stood, until the on'm.

; iciuciu touiu dc Known respectingthe matters in dispute. This opinion the Deywill now receive.

As far as we have been able to learn anything of this dispute, it was this. The origin-al treaty with Algiers having heen lost on itsway to the United States, in the Epervuer, theratification of the president was affixed to anauthentio copy which had been preparing andtransmitted, with a view to such a contingencyOn thjs document being presented to the Deyhe refused to acknowledge it, declaring it wasdeficient in a very importiuit point, in as muchas his copy contained an article which was nowhere to be sound in this. The reader will besurprised to hear that this pretended articlewas a stipulation that all the prizes which hadbeen captured from the Algerines during thewar, should be restored by the United States,and that a treaty should, hereafter, be conclu!tied on the usual terms. Such is rumoured tohave been the demand of the Dey. It is how-ever difficult to imagine how such a pretensioncould have entered Gis raind ; seeing that com- -

mondoe Decntur ates that he posit, ipiseU to insert in the treaty any such stipui.uio irespecting the restoration ot the prizes ; a, dseeing that, is the suture compact in the i""ulterms, meant an agreement to pay tribute "isome shape or other, it. is declared in the pn-- .

ent treaty that no such tribute shall ever be dcmanded by the Dey.

It was, we are told, under these circumstan-ces that it became necessary to refer to the

government We understand that ti- -j

Dey addressed the president a letter Written irtArabic on the subject) and we believe that theanswer forms part of the despatches which uasnow on their way to Algiers.

As we pretend to no familiarity with cabinetsecrets, we shallnotundertike tristatethe con-tents of this correspondence. Bur, is the Dehas really made the Acknowledgment of sucixstipulations-the- conditions for the observanceof the treaty, we know what answer it wouldbecome a president of the United States tomake to such a demand. And is the Dey shouldstill be of the same mind, the immediate re-newal of hostilities will give him a speedy op-portunity of making such better teimsastncchances of war may authorise him in demand-ing.

What will be the determination of the Deyon tlie receipt of these dispatches, is the nestquestion. We believe the only prize whichhad not been restored to the Dey at the timeof his negotiations with commodore Shaw, hasince beer, given up to him by the Spanish gov-ernment, by which it was then claimed. Onthat ground, therefore, lie will have no substan-tial reason for complaint : and, unless he shouldthink it due to his honour that a stipulation togive up these prizes should stand on record inthe treaty, there can be no difficulty on thatsubject. The conduct of the Dey wilf, howev-er, be governed by other and different considerrations. He made the treaty merely to avert ahostility which he"wai not prepared to mert.He will probably, be now, in a different staleof preparation. The menaces which have;reached him from almost every part of the .

world, were enough to have alarmed tutmist imprudent or the most secure. The t asewith which a hostile sleet may run up to l.s

! very citadrl, a-- j he has seen exemplified in thecourse ot rew months, oy commodore Ueca-tu- r

and Shaw, end loid Bxmouth, could nothave escaped hiSobser.ation. Under such

he must be a madman to luveany means or or dclincf. In

' all probability, therefore, he will nut be insuUia slate of danger as to render it nece-.-ar- furhim to renounce all pretensions to tribute, and.thus, abandpn what lord Castleieagh"the long established policy of the state he

"governsBut, We shall be told ; "You overlook the

great expedition of loidExmouth." "That willhave taught the Dey other principles and otherpolicy." Perhaps for the moment that mayhave made somecnange. It the Dey shall uaVesound himself unable to resist such a force, atdoubtless he is, he will have yielded. But itwill not have been necessary for him to go far.It is not consistent with the long establishedpolicy of England to destroy his power or thesystem on which he acts. Something is neces-sary to satisfy the clamour which this system,happens, at this moment, to have excited mEurope r and beyond that, the English govern-ment will not push him. But, as we have seerby the former treaty of lord Kxmouth, thosenegociations do not affect us We shall haveour own affairs to settle. We have luckily, intour ships and frigates, and sloops of was- - andbombs in the Mediterranean, so many argu-ments which are known to have weight' in theDey'smind; and, is the Dey should find, on re-viewing his own arguments, that ours prepon-derate, he will probably be convinced that ourtit a Pennine copy of the treatu, and ought theresore to be respected.

But, whatever course the Djy may think lopursue towards she United States at present,we. think it certain, from the whole tenor of hisconduct, that no peace which is not purchased,whether it be by annuity or by present, will bemaintained by him one minute aster he finds itmay be violated with impunity. We trust,,therefore, fro long as the Jong established poli-cy of Algiers is permitted, whatever mat

apparent security, that for the s ike of ojtcommerce, and infinitely more for the sake ofour citizens, we shall always have a powerfulsquidron in the Meditterrttneln for their pro-tection,

EXTIIACT DATED" August JO

The expedition against the Mexican coast,,which rendezvoused in one of the neighbouringislands, carrying 800 well officered and appoint-ed troops, besides the crvs of the squadron,sailed the last days of tpe preceding month.,under convoy of a sleet of 18 Mexican armedvccis, wiucn aiso carried stores tor the expe-dition. One division of the expedition had ar-rived at Punta Gorda, in the Bay of St. Bar-nard- o,

province of Texas, and tonk possession,of that important position without opposition.M. Herrera the Mexican minister, is here, andis sbout to depart for that place, to organize agovernment for that quarter, and to establish.an admiralty court for the trial of prize causes.The other division has- probably proceeded

Tampico ;. the royalists have some forti-fications at Tampico, and some regular tropps,but there is some reason to believe thev willnot make any resistance. Huasa Huales on

side of Vera Cruz, one of the best portson the Mexican shore, is in the power of thepatriots. M. Herrera has lately received dis-patches from his government of a very satisfac-tory nature for the republican cause. This andother information received by private individ-uals, has produced a revolution in opinion, hereat least as to the success of Mexican independ-ence, and to want of confidence has succeededa confidence unbounded ; and a sew furtlier op-erations of the Mexican force, will open to theUnited States the richest commerce in the uni-verse. Dr. R. who sailed some time since iathe Seranac, has been in the interior of Mexico,and in intercourse with the MeTican govern-ment; the royal agents who spread abroad re-ports of disasters and massacres, to deter men.from .thinking,, had killed the doctor, bv ac-- jport ; however, he reports himself well, and re-turned to the coast from the interior with a.btindant funds in his hands; letters from hun,ot a late date, are here.

It is ascertained with confidence, that in theprincipal cities of Mexico, including VeraLruz, the majority of the most intelligent andopulent people, are of-th- revolution,and among them great numbers of enlightenedLuropean Spaniards, who only look for a suff-iciently powerful movement of the patrioticparty, to join openly in the Mexican cause.I he scandalous conduct of Ferdinand VII. and'those base and servile satellites who have co.operated to establish the inquisition and abso-lu- te

despatism, have exasperated all those who.were advocates of the constitution of the Corfesand associated them in feelings with the causeof the n patriots, Creoles as well as Spa-nur-

resident in America ; and the? depreda-tions which the patriot privateers make withimpunity on- the public ships as well as themerchant ships of Spain, have disconcerted thepartizans of the monopolists of Cadu, and they

J--