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T>arlington  Memorial  Library 

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University  of  Pittsburgii  Library  System 


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CLASS    III. 


FINANCE. 


VOL.    II. 


•  \ 

Ik*' 


4: 


4iV  h 


WILLIAM  &  MARV   DARLINGTON 

KEMORIAl   LIBKAUV 

UNIVERSITY  OF  PITTSBUnGH 


AMERICAN    STATE    PAPERS. 


S^A^^f^ 


DOCUMENTS, 


LiEGISIiATIVE    AND   EXECUTIVE, 


OF  THE 


CONGRESS  OF  THE  UNITED  STATHS, 


FROM  THE  FIRST  SESSION  OF  THE  FIRST  TO  THE  THIRD  SESSION  OF  THE 
THIRTEENTH  CONGRESS,  INCLUSIVE: 


COMMENCING    MARCH   3,   1789,    AND   ENDING    MARCH    3.    1815. 


SELECTED  AND  EDITED,  UNDER  THE  AUTHORITY  OF  CONGRESS, 

BY  WALTER  LOWRIE,  Secretary  of  the  Senate, 


AND 


MATTHEAV  ST.  CLAIR  CLARKE,  Clerk  of  the  Hoiise  of  Representative?. 


VOLlTIflE    VIr  TTo 


3         • 


WASHINGTON: 

PUBLISHED    BY    GALES    AND    SEATON 
1832. 


h 


)i^  .iJ 


/93 


•^.^ 


.i!^^ 


\5 


TABLE    O  F    C  O  N  T  E  N  T  S. 


Fi:VA.^CE VOL. 


MESSAGES  FROM  THE  PRESIDENT. 
No. 

191  Mint,  ...-.-- 

211  Same,  -....-- 

228  Same,  ..--.-. 

237  Balances  ihie  from  States.  .  -  .  .  - 

239  Mint,  ....--- 

260  Same,  ....---- 

274  Same,  ....--- 

288  Same,  -.-.-.- 

309  Same,  ------- 

314  Mediterranean  fund,        ------ 

332  Mint,  -  -  -  -  -  -  .  -. 

347  Compensation  made  to  G.  W.  Erving,  for  attending  the  Board  of  Commissioner 

of  the  treaty  with  Great  Britain,  of  November  19.  1794, 
361  Mint,  ------- 

385  Same,  .----.- 

386  Treasury  notes,  .-.--- 

399  Terms  of  the  loan  of  sixteen  millions  of  dollars, 

400  Duties  on  imports  and  tonnage,       ..---- 
403  Mint,  .-...-- 
407  Digest  of  Manufactures,  -  -  -  -  -        _ 
410  Articles,  foreign  and  domestic,  consumed  in  the  army  and  navy  of  the  L' 

1814,  .--..--- 

437  Mint,  ------- 

442  Bank  of  the  United  States— Veto,  ...  - 


January  11,  1803, 
January  14,  1804, 
January  25,  1805, 
December  31,  1805. 
January  15,  1806, 
January  27,  1807, 
January  8,  1808, 
January  5,  1809, 
January  5,  1810, 
FebruaVy  17,  1810, 
January    7,  1811. 

■s  under  the  seventh  articl 
February  11,  1811, 
January    7,  1812, 
January    4,  1 813, 
January  23.  1813, 
July  38,  1813, 
December  20,  1813, 
January    7,  1814, 
January  15,  1814. 

nited  State.s,  in   1813  an 
February  3,  1814, 
January  10,  1815, 
January  30,  1815, 


COMMUISTCATIONS  FROM  THE  SECRETARY  OF  THE  TREASURY. 


rt. 


187 
189 
190 
197 
198 
200 
207 
209 
213 
216 
219 
221 
231 
233 
234 
230 

237 
240 
249 

252 
253 
255 
256 
257 
258 
259 
262 
265 
266 
267 
2-3 
275 
276 
281 
282 
284 
286 
287 
289 
290 
292 
293 


State  of  the  finances,        ------ 

Duties  and  drawbacks,     ------ 

Internal  revenues,  ------ 

Arrears  of  direct  taxes,  -  -  -  -  - 

Mint,  ------- 

State  of  the  finances,        ------ 

Abatement  of  duties,        ----.- 

Direct  tax,        -  -         •      - 

Additional  duties,  ------ 

Duties  and  drawbacks,    ------ 

Mint,  ------- 

State  of  the  finances,        .----•• 

Duties  and  drawbacks,     ------ 

-Mint,  ------- 

State  of  the  finances,        -  -  -  -  -  .     - 

Repeal  of  the  act  authorizing  evidences  of  public  debt  to  be  received  in  payment 

Balances  due  from  States,  .  .  -  -  - 

Duties  and  drawbacks,    -  -  -  -  -  -     . 

Payments  made  to  American  citizens  under  the  convention  with  France,  ol  Apr 

Mint,  -  -  -  -  -         .      - 

Claims  to  be  paid  under  the  convention  with  France,  of  April  30,  1803,     - 
State  of  the  finances,        ------ 

Public  deposites  in  banks,  -  -  -  -  ■• 

Direct  tax,        -..----- 

Salt  tax  and  Mediterranean  fund,  -  -  -  -  - 

Duties  and  drawbacks,     -  -  -  -  - 

Indemnity  to  collectors,  -  -  -  -  - 

Public  debt,       ------- 

Mint,  ------- 

State  of  the  finances,        ------ 

Mediterranean  fund,        ------ 

Assays  of  foreign  coins,  -  -  -  -  - 

Duties  and  drawbacks,    -  -  -  -  _  - 

Conflicting  claims  under  the  convention  with  France,  of  April  30.  1803. 
Public  debt,       ------- 

Mint,  -  -  -  -  -  .  - 

Revenue  cutters,  ------ 

State  of  the  finances,        ------ 

Annual  receipts  for  seventeen  years,  -  .  -  - 

Duties  and  drawbacks,    ------ 

Allovi'ances  to  fishing  vessels,         -  -  -  -  - 

Accountability  of  disbursing  officers,  -  -  -  - 


December  10,  1802, 
January  3,  1S03. 
January  6,  1803, 
February  28,  1803, 
March  2,  1803, 
October  25,  1803. 
December  13,  1803, 
December  17,  1803, 
January  23.  1804, 
January  27.  1804, 
March  20,  1804, 
November  21.  1804, 
February  20.  1805, 
February  27,  1805, 
December  9.  1805, 
of  lands. 

December  28,  1805. 
December  30.  1805, 
January  15.  1800, 
il  30,   1803, 
March  20,  1806, 
March  29,  1806, 
February  28.  1806, 
December    8,  1806, 
December  23,  1806, 
December  29.  1806, 
January    3,  1807, 
January    6.  1807. 
January  22,  1807, 
February  27,  1807, 
March  3,  1807, 
November  7.  1807. 
December  28.  1807. 
January  16,  1808, 
January  18,  1808. 
March  6,  1808, 
April    9,  1808, 
April  23.  1808. 
November  29.  1808, 
December  16.  1808, 
January    4,  1809. 
January  11,  1809, 
January  16,  1809, 
February  4,  1809, 


Page. 

18 
75 
118 
163 
165 
224 
263 
317 
391 
404 
458 

484 
515 
599 
600 
646 
048 
649 
666 
1 

815 
883 
891 


5 

10 

12 

30 

31 

47 

64 

65 

78 

82 

101 

107 

133 

136 

142 

162 
163 
169 

186 
198 
202 
204 
216 
219 
221 
222 
226 
237 
242 
246 
263 
265 
266 
283 
287 
302 
306 
307 
318 
321 
334 
335 


O 


VI 


TABLE   OF   CONTENTS. 


No.  COMMUNICATIONS  FROM  THE  TREASURY— Continued. 

298  Bank  of  the  United  States,  -  .  -  .  .  March  2,  1809, 

299  Mint,  -  -  -  -  -  -  -  March  2,  1809, 

300  Balances  due  from  individuals  on  the  30th  of  June,  1808,  -  -  March  2,  1809 

301  State  of  the  finances,        ----..  jy^g    g,  1809,' 

304  Powers  of  the  Commissioners  of  the  Sinking  Fund,     -  -  -  June  20,  ]  809, 

305  State  of  the  finances,        ------  December   8,' 1809, 

306  Assays  of  loreign  coins,    ------  December    8,  1809, 

307  Duties  and  drawbacks,    ------  December  12,  1809, 

308  Direct  tax,         -------  December  27,   1809' 

312  Defalcation  of  the  collector  of  New  Orleans,  and  iUe  claim  of  T.  Pickering,  late  Secretary  of  State,     ' 

.     ,  January  19,  1810, 

314  Mediterranean  fund,        ------  February  16,  1810 

318  Mint,         ,.,-.,,-.  .    ■  -  -  -  -  March  15,  1810,    ' 

319  Loans,  and  additional  duties  on  imports,       -               -               .              -  February  26   1810. 
321  Bank  of  the  United  States,             -----  April    3,1810. 

323  Revenue  bonds  outstanding,  -  -  .  .  .  April  16,'  1810*. 

324  Receipts,  and  public  debt.  -  -  -  -  .  April  le'  181o' 

325  Manufactures,      -------  A.pril  17^  1810," 

326  State  oi  the  finances,        .--...  December  12,  1810 

327  Duties  and  drawbacks,     ------  December  13,  l81o' 

330  Assays  ot  foreign  coins,    ------  December  24,  ISlo' 

334  Bank  of  the  United  States,  -  -  -  .  -  January  10,  1811    ' 

335  Mint,  ^  ,  ^,  :  ,  ^  -  '  -  -  -  -  January  lo'  1811.' 
338  Bank  of  the  u  nited  States.  -  -  -  -  .  January  24,  1811, 
344  Bank  of  the  United  States,             -               -               -               -               .  January  29,' 1811,' 

346  Increase  of  duties  on  imports,         -  -  -  .  .  January  28,' 1811* 

347  Compensation  made  to  G.  W.  Erving,  -  -  -  -  February  s'  I81l' 

350  Mint,  .  .    -       ,  ^.     -.  r'    ■,.'..      -  ■  -  March  2,  I'sil,    ' 

351  Fines,  penalties,  and  torteitures,  tor  violations  of  the  embargo  and  non-intercourse  laws, 

r  ,     n  March  2,  1811, 

352  State  or  the  finances,        -----.,  ^*         ■ 

353  Duties  and  drawbacks,     ------ 

354  -Assays  of  foreign  coins,  ----- 

362  Public  deposites  in  banks,  ----- 

363  Increase  of  the  revenue,  -  -  .  -  . 
369  Duties  and  drawbacks,    ------ 

373  Suspension  of  the  payment  of  certain  bills  drawn  by  Mr.  Armstrong, 

374  Mint,  ------. 

375  Subscription  to  the  loan  of  eleven  millions  of  dollars,   -  -  - 

376  Louisiana  stock,  -  - 

377  Receipts  and  expenditures  estimated  for  1812,  -  -  . 
380  State  of  the  finances,        ------ 

382  Duties  and  drawbacks,    ------ 

384  Assays  of  foreign  coins,   ------ 

386  Treasury  notes,  ------ 

392  Mint,  ---.-.- 

393  State  of  the  finances,        -  - 
395  Remission  of  penalties  and  forfeitures,  -  -  -  - 

397  Loan,  - 

398  Duties  on  prize  goods,      ------ 

399  Terms  of  the  loan  of  sixteen  millions  of  dollars,  -  .  - 

400  Duties  on  imports  and  tonnage,      -  -  -  .  - 

401  .\ssays  of  foreign  coins,   ------ 

403  State  of  the  finances,        ------ 

406  Duties  and  drawbacks,    ------ 

407  Digest  of  manufactures,  -  .  -  .  . 
412  Incorporated  banks  and  insurance  companies  in  the  District  of  Columbia, 
419  Mint,                .----.. 

421  Revised  statement  of  the  public  debt,  -  -  -  . 

422  State  of  the  finances,        ------ 

424  Direct  tax  and  internal  duties,        -  -  -  - 

425  Public  credit,    ------- 

427  Duties  on  carriages,  ------ 

434  Loans,  ------- 

435  Revenue  laws,      -  -  - 

436  Propriety  of  legalizing  the  payment  of  claims  in  Government  stock  or  Treasury  note's' 

December  19,  1814, 
January  17,  1815, 
February  2,  1815, 
February  22,  1815, 
February  20,  1815, 
February  25,  1815, 
February  24,  1815, 


November  25,  1811, 
November  26,  1811, 
November  29,  1811, 
January    8,  1812, 
January  10,  1812, 
February  27,  1812, 
April    6,  1812, 
April  10,  1812, 
May  14,  1812, 
May  21,  1812, 
June  24,  1812, 
December    7,  1812, 
December  18,  1812, 
December  28,  1812, 
June  22,  1813, 
February  27,  1813, 
June    3,  1813, 
June  16,  1813, 
July  19,  1813, 
July  21,  1813, 
July  28,  1813, 
December  16,  1813, 
December  31,  1813, 
January  10,  J814, 
January  15,  1814, 
January  15,  1814, 
February  21,  1814, 
April    7,  1814, 
April  12,  1814, 
September  26,  1814, 
October  13,  1814, 
October  14,  1814, 
November  15,  1814, 
December  2,  1814, 
November  19,  1814, 


438  State  of  the  treasury, 
443  Duties  and  drawbacks,    - 
445  Mint, 

447  Estimated  revenues  for  1815, 

448  Revision  of  the  revenue  laws, 
452  Public  debt,      - 


COMMUNICATION  FROM  THE  SECRETARY  OF  THE  NAVY. 


297  .\ccountability  in  the  Navy  Department, 


COMMUNICATIONS  PROM  THE  SECRETARY  OF  WAR. 
408  Unsettled  accounts,         --....  January  98 

410  Articles,  foreign  and  domestic,  consumed  in  the  army  and  navy  of  the  United  States,  in  1813  'and  1814, 

February  1,  1814. 


REPORTS  FROM  COMMITTEES. 


188  Remission  of  duties, 
192  Extension  of  duty  bonds, 

195  Duty  on  refined  sugar,    - 

196  Encouragement  to  manufactures. 
199  Sinking  fund, 

201  Remission  of  duties. 


December  22,  1302. 
January  14.  1803. 
February  11,  1803, 
February  21,  1803, 
March  3,  1803, 
November  14,  1803. 


Page. 

351 
353 
356 
365 
369 
373 
385 
386 
387 

393 

404 
409 
412 
417 

422 
423 
425 
439 
450 
455 
460 
464 
468 
480 
483 
484 
487 

490 

495 
508 
509 
516 
523 
542 
554 
562 
564 
568 
569 
580 
590 
597 
600 
619 
622 
637 
644 
645 
646 
C48 
648 
651 
664 
666 
830 
835 
838 
840 
855 
866 
870 
877 
881 

883 
885 
896 
907 
910 
914 
916 


February  25,  1809,     343 


813 
815 


9 
21 
29 

29 
37 
58 


TABLE    OF    CONTENTS. 


vn 


No. 


REPORTS  FROM  COMMITTEES— Continued. 


202  Drawback — sugar  and  coflFee,  -  -  . 

203  Remission  of  forfeitures,  ... 

204  Fishing  bounty,  -  .  .  . 

205  Office  of  Commissioner  of  Loans,    - 

208  Drawback — sugar,  .... 

210  Drawback — sugar,  .... 

212  Remission  of  duties,         .  -  -  . 

214  Encouragement  to  manufactures,    -  -  - 

215  Remission  to  the  collector  and  naval  officer  at  Savannah, 
218  Fishing  bounty,  .... 
220  Protecting  duty  on  slate,  ... 

222  Remission  of  duties,  .... 

223  Remission  of  duties,         -  .  .  . 

224  Drawback,        '.'--" 

226  Drawback  on  refined  sugar,  ... 

227  Protecting  duties, 

230  Drawback,        .  .  .  -  - 

232  Collector's  bond — surety  released, 
235  Drawback — sugar,  ..... 

238  Drawback — cards,  .  .  -  . 

241  Remission  of  duties,         .  -  .  - 

242  Protecting  duties,  -  -  -  - 

243  Remission  of  foreign  tonnage  duties, 

245  Fishing  bounty,  ..... 

246  Remission  of  duties,         .... 

247  Protecting  duties,  .  ..  .  - 

248  Remission  of  duties,         .  .  -  . 

250  Foreign  coins,  .... 

251  Fishing  bounty,  .  .  -  - 
254  Relief  to  a  surety  in  a  custom-house  bond,    - 

260  Drawback— sugar  and  coffee,  -  -  - 

263  Collection  districts,  .  .  .  - 

268  Compensation  of  inspectors  of  the  customs, 

269  Protecting  duties  on  paints,  ... 
277  Encouragement  to  manufactures — copper, 

280  Remission  of  duties  on  salt,  -  -  - 

294  Drawback  of  duties — salt, 

295  Remission  of  duties,         .  -  .  - 

296  Extra  allowances  to  the  commander-in-chief  of  the  army, 
303  Remission  of  forfeiture— ship  Clara,  ^ 

310  Remission  of  forfeiture — schooner  Wolf, 

311  Remission  of  forfeiture — schooner  Victory,    - 

315  Bank  of  the  United  States, 

316  Allowance  of  drawback,  .  .  . 

317  Remission  of  forfeiture,  -  -  -  - 
320  Balances  and  unsettled  accounts, 

322  Remission  of  penalties,     -  -  -  - 

331  Currency  of  foreign  coins,  -  -  - 

344  Bank  of  the  United  States,  ... 

345  Encouragement  to  manufactures,    -  -  . 

346  Increase  of  duties  on  imports, 

348  Bank  of  the  United  States, 

349  Bank  of  the  United  States, 

356  Remission  of  duties,  -  -  .  . 

358  Compensation  of  revenue  officers, 

359  Remission  of  duties,         .  .  -  - 

360  Compensation  of  revenue  officers, 

367  Drawback  of  duties,         .... 

368  Plan  for  increasing  the  revenue,  -  -  - 
Drawback  of  duties,  .  -  .  - 
Sureties  in  a  collector's  bond  released, 

379  Remission  of  forfeitures, 

381  Reduction  of  duties  on  prize  goods, 

383  Importations  from  beyond  the  Cape  of  Good  Hope, 

389  Increase  of  revenue,         ..... 

390  Fines,  penalties,  and  forfeitures,  under  the  revenue  laws, 

391  Remission  of  forfeiture,  -  .  -  - 
394  Increase  of  revenue,  .  -  -  - 
396  Remission  of  penalties  and  forfeitures, 

404  National  Bank,  .... 

405  Duties  on  licenses  to  retailers,  -  -  - 
409  Drawback  of  duties  on  exports  to  Nev/  Orleans, 

413  Remission  of  forfeiture,    -  -  -  - 

415  Remission  of  duties,         .  .  .  - 

416  Remission  of  forfeiture,    -  -  -  - 

417  Remission  of  duties,  .  .  .  - 
423  State  of  the  finances,        .               ..               -               - 

428  Remission  of  forfeiture,    -  -  -  - 

429  Bank  of  the  United  States, 

430  Income  tax,       ---"." 

431  Moneys  paid  for  military  services  receivable  in  payment 

432  Remission  of  forfeiture,    - 

439  Direct  tax  in  the  District  of  Columbia, 

440  Unequal  operation  of  the  act  imposing  a  direct  tax, 

441  Duty  on  stills,  -  - 

449  Release  of  penalties  and  forfeitures, 

450  Public  expenditure,  .... 

451  Remission  of  forfeiture,    -  -  -  ■ 


Page. 


372 

378 


of  taxes, 


November  14,  1803, 

58 

November  25.  1803, 

59 

November  25,  1803, 

60 

December  8,  1803, 

61 

December  15,  1803, 

65 

December  20,  1803, 

74 

January  23,  1804, 

77 

January  25,  1804, 

80 

January  27,  1804, 

81 

February  17,  1804, 

101 

November  15,  1804, 

107 

December  4,  1804, 

114 

January  7,  1805, 

114 

January  11,  1805, 

115 

January  21,  1805, 

116 

January  22,  1805, 

118 

February  15,  1805, 

133 

January  22,  1805, 

135 

December  24,  1805, 

161 

December  31,  1805, 

164 

January  20,  1806, 

170 

January  21,  1806, 

171 

February  3,  1806, 

171 

February  17,  1806, 

184 

February  26,  1806. 

184 

March  4,  1806, 

185 

March  11,  1806, 

186 

March  26,  1806, 

197 

March  28,  1806, 

198 

April  2,  1806, 

203 

Januaiy  21,  1807, 

224 

February  4,  1807, 

226 

December  23,  1807, 

255 

December  3,  1807, 

257 

January  21,  1808, 

268 

March  9,  1808, 

283 

February  16,  1809, 

336 

February  18,  1809, 

337 

Februaiy  22,  1809, 

337 

June  14,  1809, 

368 

January  11,  1810, 

392 

January  16,  1810, 

393 

February  19,  1810, 

406 

February  21,  1810, 

406 

February  21,  1810, 

409 

March  23,  1810, 

415 

April  7,  1810, 

419 

December  27,  1810, 

156 

February  5,  1811, 

480 

Februarys,  1811, 

481 

February  6.  1811, 

483 

March  2,  1811, 

486 

March  2,  1811, 

487 

December  9,  1811, 

511 

December  30,  1811, 

512 

December  30,  1811, 

514 

January  6,  1812, 

514 

February  12,  1812, 

538 

February  17,  1812, 

539 

March  30,  1812, 

554 

July  2,  1812, 

570 

November  25,  1812, 

570 

December  21,  1812, 

591 

December  29,  1812, 

596 

February  15,  1813, 

613 

February  27,  1813. 

615 

March  1,  181.3, 

618 

June  10,  1813, 

627 

June  23,  1813, 

643 

January  10,  1814, 

663 

January  10,  1814, 

663 

February  2,  1814, 

815 

March  3,  1814, 

831 

March  24,  1814, 

832 

Marcii  25,  1814, 

833 

March  25,  1814, 

833 

October  10,  1814, 

854 

November  25, 1814, 

871 

November  27,  1814, 

872 

December  3,  1814, 

873 

December  3,  1814, 

874 

December  3,  1814, 

875 

January  23,  1815, 

889 

January  23,  1815, 

890 

January  23,  1815, 

890 

Februaiy  27,  1815, 

915 

March  5,  1815, 

915 

March  1,  1815, 

915 

VIU 


TABLE   OF   CONTENTS. 


No. 


REPORTS  OF  THE  COMMISSIONERS  OF  THE  SINKING  FUND. 


194  Sinking  Fund, 


217 
229 
244 
264 
279 
291 
313 
342 
366 
38S 
411 
444 


Same. 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 


MEMORIALS  AND  PETITIONS. 


February 
February 
February 
February 
February 
February 
February 
February 
February 
February 
February 
February 
February 


7,  1803. 

6,  1804. 
5,  1805. 
5,  1806, 
5,  1807, 
5,  1808, 

4,  1809, 

5,  1810, 

4,  1811, 

5,  1812, 

8,  1813. 

7,  1814, 

6,  1815, 


193  Encouragement  to  manufactures — Gun  maviufacturers  of  Lancaster, 

206  Encouragement  to  artisans.  &c.  of  Philatieipliia. 

225  Extension  of  duty  bonds— Merchants  of  New  York,     -  -  - 

270  Protection  to  manufactures — Journeymen  Hatters'  Society  of  New  York, 

271  Encouragement  to  manutiictures — Merchants  anil  manufacturers  of  copper.  N. 

272  Remission  of  duties  on  saltpetre — Waiter  Channing, 

278  Drawback  of  duty  on  refined  sugar,  -  -  -  . 

283  Bank  of  the  United  States,  -  - 

285  Protection  to  manufactures — twine  and  line  manufacturers,  Massachusetts, 
302  Protection  to  manufactures  of  hemp,  Kentucky, 

328  Bank  of  the  United  States,  .  .  -  .  - 

329  Bank  of  tiie  United  States — Chamber  of  Commerce,  Philadelphia, 
333  Bank  of  the  United  States— Bank  of  New  York, 

336  Encouragement  to  manufactures — citizens  of  Kentucky, 

337  Jsank  of  the  United  States — Legislature  of  Pennsylvania. 

339  Bank  of  the  United  States — Legislature  of  Vii-ginia,    -  -  - 

340  Bank  of  the  United  States — citizens  of  Philadelphia, 

341  Protection  to  manufactures— manufacturers  of  morocco  leather, 
343  Bank  of  the  United  States— iniiabitants  of  Pittsburg, 

355  Encouragetnent  to  the  culture  of  hemp — inhabitants  of  New  Jersey, 
357  Protection  to  manufactures — inhabitants  of  New  Jersey, 

364  Protection  to  manufactures — New  Hampshire  iron  factory  company, 

365  Protection  to  manufactures — ardent  spirits,   -  -  -  - 

370  Pi'otcction  to  manufactures — citizens  of  Connecticut. 

371  Protection  to  manufactures — citizens  of  Pennsylvania, 
3S7  Protection  to  manufactures — manufacturers  of  copper. 

414  Encouragement  to  manufactures — inhabitants  of  Massachusetts, 

418  Revision  of  the  revenue  laws — manufacturers  of  Baltimore, 

420  On  tiie  expediency  of  making  foreign  gold  coins  a  legal  tender,  and  prohibiting 

Banks  of  Baltimore,      -  ,.    "  _ 

42G  Composition  for  the  stamp  duty  on  notes  of  private  bankers — Stephen  Girard, 
433  Bank  of  the  United  States— Banks  of  New  York, 
446  Protection  to  manufactures— m:uuifactiirers  of  Philadelphia, 


February  4,  1803, 
December  9,  1803, 
January  17,  1805, 
December    7,  1807, 

Y.  December  18,  1807. 
December  24,  1807, 
February  4,  1808, 
April  20,  1808, 
November  21,  1308, 
June  7,  1809, 
December  18,  1810, 
December  24,  1810, 
January    8,  1811, 
January  22,  1811, 
January  22,  1811, 
January  26,  1811, 
January  31,  1811. 
January  31,  1811, 
February  4,  1811. 
December    7,  1811, 
December  23,  1811, 
January  29,  1812, 
February  3,  1812, 
March    6,  1812, 
March  20,  1812, 
February  6,  1813, 
March  23,  1814, 
April  9,  1814, 

the  exportation  of  specie- 
April  12, 1814, 
October  26,  1814, 
December  5,  1814, 
February  25.  1815. 


Page. 

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120 
172 
237 
269 
322 
395 
472 
528 
603 
821 
897 


22 
61 
115 
257 
257 
258 
268 
301 
306 
367 
451 
453 
460 
465 
467 
470 
470 
471 
479 
510 
511 
528 
528 
553 
553 
602 
832 
834 

837 
869 
876 
909 


AMERICAN    STATE    PAPERS, 


FINANCE. 


7tli    Congress.]  J^'q^    137^  [2d  Session. 

STATE    OF    THE    FINANCES. 

COMMUNICATED    TO    THE    SENATE,    DECEMBER    20,    1802. 

In  obedience  to  the  directions  of  the  act,  supplementary  to  the  act,  entitled  "An  act  to  establish  the  Treasury 
Department,"  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report: 

The  permanent  revenues  of  the  United  States,  exclusively  of  fees,  fines,  and  penaltieSj  which,  in  a  general  view 
of  the  subject,  may  be  omitted,  consist  of  duties  on  merchandise  and  tonnage,  proceeds  ot  the  sales  of  public  lands, 
and  duties  on  postage. 

The  duties  on  postage,  which  were,  in  the  annual  report  of  last  year,  estimated  at  $50,000,  have,  during  the 
year  ending  on  the  30th  day  of  September  last,  yielded  50,500  dollars.  The  decrease  of  ship  letters,  the  extension 
of  the  establishment  through  unproductive  roads,  and  the  acceleration  of  the  progress  of  the  mail,  may,  however, 
cause  some  defalcation  in  the  receipts  of  the  ensuing  year. 

Three  hundred  and  twenty-six  tliousand  and  fifty-two  dollars  and  eight  cents  have  been  received,  during  the 
same  year,  on  account  of  public  lands;  of  which  sum,  17,162  dollars  and  50  cents  were  paid  in  the  treasury,  in 
evidences  of  the  public  debt,  and  179,575  dollars  and  52  cents  in  specie;  the  local  situation  of  the  land  offices  not 
having  yet  rendered  it  practicable  to  draw  the  balance  from  the  receivers  of  public  moneys. 

Three  hundred  and  forty  thousand  acres  of  land  have  been  sold,  for  six  hundred  and  eighty  thousand  dollars, 
during  the  year  ending  on  the  31st  day  of  October  last;  of  which  quantity  near  ninety-seven  thousand  acres  were 
sold  on  account  of  pre-emptions  claimed  by  purchasers  under  John  Cleves  Symmes,  and  two  hundred  and  torty- 
thiee  thousand  acres  are  the  result  of  current  sales.  The  annexed  statement  A  designates  the  quantities  respec- 
tively sold  in  the  several  districts,  and  the  annual  payments  receivable  on  account  of  the  balance  of  nine  hundred 
and  sixty  thousand  dollars,  due  on  these  and  the  preceding  sales. 

From  those  several  results  it  appears  probable  that  tlie  annual  receipts  under  this  head  will  not,  on  an  average, 
fall  short  of  the  sum  of  four  imndred  thousand  dollars,  at  which  they  have  been  estimated. 

Although  it  had  been  anticipated  that  the  receiptsin  the  treasury,  on  account  of  duties  on  merchandise  and  tonnage, 
could  not,  for  the  present  year,  be  atfecled  by  the  restoration  of  peace  in  Europe,  yet  the  sum  actually  paid  has  ex- 
ceeded the  most  sanguine  expectations.  Twelve  millions  two  hundred  and  eighty  thousand  dollars  have  been  receiv- 
ed, during  the  course  of  the  year  ending  on  the  30th  day  of  September  last — a  sum  larger,  by  two  millions  of  dollars, 
than  the  amountreceived  for  the  same  duties,during  the  preceding  or  any  other  year;  and  which  exceeds,  by  twelve 
hundred  thousand  dollars,  the  aggregate  heretofore  collected  in  any  one  year,  on  account  of  both  the  impost  and  the 
internal  duties,  repealed  by  an  act  of  last  session. 

This  excess,  which  had  not  been  calculated  upon,  is  considered,  alone,  as  amply  sufficient  to  cover  any  possible 
defalcation  which  might,  during  the  next  and  ensuing  year,  reduce  that  branch  of  tlie  revenue  below  last  year's 
estimate  of  nine  millions  five  hundred  thousand  dollars.  Such  defalcation  is  not,  however,  apprehended :  for,  although 
there  are  not  yet  sufficient  data  precisely  to  ascertain  the  effect  of  peace  on  the  amount  ot  duties,  those  which  are 
in  the  possession  of  this  Department  tend  to  corroborate  the  presumption  that  that  sum.  at  least,  (nine  millions  and 
a  half)  will  hereafter  be  annually  received.  The  statement  B,  which  exhibits  a  comparative  view  ot  that  revenue 
for  each  quarter,  during  the  last  two  years,  shows  that  the  amount  of  duties  accrued  during  the  nine  first  months  ot 
the  present  year  exceeds  eleven  millions  three  hundred  thousand  dollars;  and,  after  deducting  three  mdlionshve 
hundred  thousand  dollars,  amount  of  debentures  issued  during  the  same  period,  on  account  of  re-exportations  of 
foreign  goods,  leaves  for  those  three  quarters,  a  balance  of  more  than  seven  millions  eight  hundred  thousand  dollars, 
subject  to  no  other  deduction  but  the  expenses  of  collection;  and  from  the  knowledge  already  obtained  ot  the  nnpor- 
tations,  during  the  present  quarter,  as  well  as  from  the  gradual  dimunition  of  re-exportations,  no  doubt  remains  that 
the  nett  revenue,  accruing  during  the  whole  year,  will  exceed  the  estimate. 

From  present  appearances,  tlie  whole  of  the  permanent  revenues  of  the  United  States  may,  therefore,  be  reasona- 
bly computed  at  ten  millions  of  dollars;  of  which  sum,  seven  millions  three  hundred  thousand  dollars  are  appro- 
priated for  the  payment  of  the  principal  and  interest  of  the  public  debt,  and  two  millions  seven  hundred  thousand 
dollars  are  applicable  to  the  current  expenses  of  Government.  j    •  i 

According  to  the  estimates  for  the  year  1803,  those  expenses  will,  exclusively  of  a  sum  of  one  hundred  and  eighty 
thousand  dollars,  wanted  to  cover  the  navy  deficiencies  of  the  years  1801  and  1802,  but  including  sundry  permanent 
appropriations,  which  make  no  part  of  the  annual  estimates,  amount  to  two  millions  six  hundred  and  sixty  thousand 
tloUars,  to  wit: 

2  tt 


FINANCE.  [1802. 


For  the  Civil  Deparhnent.  and  all  domestic  expenses  of  a  civil  nature,  -  -  -  -  $680,000 
For  expenses  attending  the  intercourse  with  foreign  nations,  including  prize  causes  and    Barbary 

Powers,       ----------  250,000 

For  the  Military  and  Indian  departments      -------  830,000 

For  tlie  Naval  establishment,  calculated  on  a  supposition  tliat  six  frigates  shall  be  kept  in  constant 

employment,               -               -               -               -              -               -               -               -               -  900,000 

$2,660,000 

Neither  the  payments  due  on  account  of  the  convention  with  Great  Britain,  and  which  will,  for  three  years, 
amount  annually  to  eight  hundred  and  eiglity-eight  thousand  dollars,  nor  the  instalments  and  interest  on  account  of 
the  200,000  dollars  loan  obtained  from  the  State  of  Maryland,  for  tiie  city  of  Washington,  are  included  in  that  cal- 
culation, as  they  may  be  defrayed  out  of  the  following  resources,  which  make  no  part  of  the  permanent  revenues, 
viz: 

1st.  The  surplus  of  specie  in  the  treasury,  wliich,  as  the  wliole  amount  there  will  not,  at  the  close  of  the  present 
year,  fall  much  sliort  of  five  millions  of  dollars,  far  exceeds  the  sum  which  it  is  prudent  to  keep. 

2(]ly.  The  uncollected  arrears  of  the  direct  tax,  estimated  at  four  hundred  thousand  dollars.     And, 

3dly.  The  outstanding  uncollected  internal  duties,  amounting  to  near  seven  hundred  thousand  dollars. 

The  only  embarrassment  experienced  during  the  course  of  last  year,  arose  from  the  difficulty  of  procuring  the 
remittances  necessary  to  meet  the  large  instalments  of  debt  due  in  Holland.  The  impossibility  of  obtaining  bills  on 
that  country,  to  the  amount  wanted  by  Government,  and  the  loss  which,  on  account  ot  the  rate  of  exchange,  must  be 
incurred  by  remitting  circuitously  through  England,  induced  the  Secretary  of  the  Treasury  to  recommend,  in  a 
report  to  the  commissioners  of  the  sinking  fund,  marked  C,  a  recourse  to  bank  stock,  as  the  most  favorable  mode 
of  remitting. 

Of  the  hve  thousand  shares  in  the  stock  of  the  Bank  of  the  United  States,  originally  subscribed  by  the  United 
States,  2,780  shares  had  been  sold  in  1796,  by  virtue  of  the  act,  entitled  "An  act  making  provision  for  the  payment 
of  certain  debts  of  the  United  States,"  and  for  the  purpose  of  discharging  a  part  of  the  debt  due  to  the  banlc.  The 
remaining  2,220  shares  were  now,  under  the  same  autliority,  sold,  at  45  per  cent,  advance.  The  1,287,600  dollars 
which  they  produced,  were,  in  conformity  to  the  provisions  of  the  said  act,  applied  towards  discharging  an  equal 
amount  ot  that  part  of  the  debt  which  iiad  become  due  to  the  bank  before  or  during  the  year  1796^  and  the  purchaser 
of  the  stock  sold,  at  tlie  same  time,  to  the  treasury,  an  equal  sum  in  bills  on  Holland,  at  41  cents  per  guilder,  the 
securing  of  which  large  amount,  at  that  rate,  was  the  inducement,  on  the  part  of  Government,  to  dispose  of  the  bank 
stock  on  tliose  terms.  As  the  dividend  usually  received  on  the  bank  stock  sold,  and  the  annual  interest  payable  on 
the  debt  due  to  the  bank,  thus  extinguished,  were  nearly  equal,  the  July  half  yearly  dividend  on  the  stock  was,  in 
fact,  the  premium  paid  for  the  purpose  of  effecting  the  remittance;  and  Government  has  thereby  been  enabled  to 
obtain,  without  raising  the  price  of  excliange,  the  whole  amount  wanted  to  meet  the  payments  due  in  Holland,  till 
the  month  of  September,  1803. 

Exclusively  of.  and  in  addition  to,  the  debt  of  1,287,600  dollars,  thus  paid  to  the  bank,  out  of  the  proceeds  of  the 
sales  of  bank  sliares,  a  sum  of  eight  millions  three  hundred  and  thirty -four  thousand  seven  hundred  and  fifty-seven 
dollars  and  eighty-nine  cents,  has  been  paid  out  of  the  treasuiy,  during  the  year  ending  on  the  30th  day  of  Septem- 
ber last,  on  account  of  the  principal  and  interest  of  the  public  debt;  and  the  payments,  in  part,  of  the  principal  of  the 
debt  made  during  the  same  period,  have  been  as  followeth: 

1st.  The  payments  on  account  of  the  principal  and  interest  of  the  domestic  debt,  have  been       -      $4,628,105  39 
From  which,  deducting  one  year's  interest  on  the  same,      -----         3,470,259  75 

Leaves  a  sum,  applied  to  tlie  reimbursement  of  the  principal  of  the  six  percent,  and  deferred  stocks, 

of  ---------  -  1,157,845  64 

2d.  Paid  to  foreign  officers,  and  for  the  registered  debt,       -----  9,603  18 

3d.  Principal  of  domestic  loans  (exclusively  of  the  1,287,600  dollars  paid  out  of  the  proceeds  of  bank 

shares)  ---------  202,400  00 

4th.  Evidences  of  public  debt  paid  for  lands,        ------  17.16250 

5th.  The  payments  on  account  of  the  principal  and  interest  of  tlie  foreign  debt,  have 

been      -  -  -  -  -  -  -  -  3,310,874  32 

From  which  sum,  deducting  one  year's  interest  and  charges,  equal  to  462,731  00 

And,  on  account  of  tiie  different  rates  at  which  bills  iiave  been  purchased, 
and  of  sundiy  bills  returned  for  non-payment,  and  now  in  suit,  a  fur- 
ther sum  of  -----  -        82,284  98 

545,015  98 

Leaves,  applicable  to  payment  of  the  principal,         -  -  .  -  .  .    2,765,858  34 

4,152,869  66 
Amounting,  altogether,  to  four  milhons  one  hundred  and  fifty-two  thousand  eiglit  hundred  and  sixty- 
nine  dollars  and  sixty-six  cents.    And  if  to  that  sum  shall  be  added  tlie  -  -  -      1,287,000  00 

Paid  on  account  of  tlie  principal  of  tiie  debt  due  to  the  bank,  out  of  the  proceeds  of  the  sale  of  the 
bank  shares,  the  total  amount  of  debt  extinguished  during  that  year,  will  be  found  to  exceed  five 
millions  four  hundred  and  forty  thousand  dollars,  -  -  -  -  -      5,440,469  66 

The  balance  of  specie  in  the  treasury,  which,  on  the  first  day  of  October,  1801,  amounted  to  2,948,718  dollars 
and  73  cents,  liad  increased,  on  the  first  October,  1802,  to  the  sum  of  4.539,675  dollars  and  57  cents;  making  a  differ- 
ence in  lavor  ot  the  treasury,  ot  1,590,956  dollars  and  84  cents;  which  last  sum,  added  to  the  above-mentioned  pay- 
ment ot  4,152,869  dollars  and  66  cents,  made  out  of  the  treasury,  on  account  of  the  principal  of  the  public  ciebt, 
makes  an  actual  difference,  in  lavor  of  the  United  States,  of  more  than  five  millions  seven  hundred  and  forty  thou- 

sani    I  (>    :u-ii.    <  iii'inp- that  vp;ir 


sand  dollars,  during  that  year 


santi  uoiiars,  iiuring  tuat  year. 

The  payments  on  account  of  the  principal  of  the  public  debt,  from  the  1st  day  of  April,  1801,  to  the  30th  day  of 
September,  1802,  (exclusively  of,  and  in  addition  to  the  bank  debt,  discharged  out  of  the  proceeds  of  bank  shares) 
amounts  to  ---------     $5,339,886  44 

Viz: 


On  account  of  the  domestic  debt,        -  -  -  .  ,  $1334  942  81 

On  account  of  the  foreign  debt,  -----  3  302  '543  63 

And  in  re-payment  of  temporai-y  loans,  -  _  .  .  '  702,400  00 

And  if  to  that  sum  shall  be  added  the  increase  of  specie  in  the  treasury,  during  the 
same  penod,  which,  (as  the  amount  on  the  1st  April,  1801,  did  not  exceed  1,794,044 
dollars  and  85  cents)  amounts  to  ------  . 

The  difference  in  favor  of  the  United  States,  for  those  eighteen  months,  will  be  found  equal  to 
eight  millions  eighty-tive  thousand  and  hve  hundred  and  seventeen  dollars  and  sixteen  cents,         -    $8,085,517  16 


$5,339,886  44 
2,745,630  72 


1802.] 


STATE    OF    THE    FINANCES. 


Of  the  annnal  appropriation  of  7,300,000  dollars,  for  the  principal  and  interest  of  the  public  debt,  near  three  mil- 
lions ninelnindred  tnousand  dollars  will  be  wanted  to  pay  the  interest  which  falls  due  in  the  year  1803,  and  the 
residue,  amounting  to  three  millions  four  hundred  thousand  dollars,  maybe  considered  as  tlie  sum  applicable,  during 
that  year,  to  the  extinguishment  of  tlie  principal  of  the  debt. 

From  all  which  it  results,  that,  so  long  as  the  United  States  shall  notbeafflictetl  by  any  unforeseen  calamity,  and 
whilst  the  public  expenditures  shall  be  kept  within  their  present  limits,  there  does  not  appear  any  necessity  for 
increasing  the  public  revenues. 

All  which  is  most,  respectfully  submitted,  by 

ALBERT  GALLATIN.  Sccretunj  of  Ihc  Treasury. 
Treasury  Department,  December  IGt/i,  1802. 


Statement  of  Lands  sold  in  the  districts  of  Cincinnati,  Steubenville,  Chillicothe,  and  Marietta,  showing  the  moneys 

paid  thereon,  and  the  amount  due  on  the  1st  November,  1802. 


Districts 
wliere  sold. 

Sales,  when  made. 

Period. 

Quantities 
of  land. 

Amo't  of  pur- 
chase money. 

Amt.  of  S. 
expenses. 

Amt.  paid  on 
purchase. 

Amt.  due  on 
purchase. 

Amt.  offer 
feitures. 

From 

To 

Acres  hdtlis 

Dolls.    Cts. 

Dolls.  Cts. 

Dolls.    Cts. 

Dolls.   Cts. 

Dolls.  Cts. 

Cincinnati, 
Pre-emption 
lands  in  do. 
Steubenville. 
Chillicothe, 
Marietta, 

1801 
1st  Nov. 

do 
do 
do 
do 

1803 
1st  Nov. 

do 
do 
do 
1st  July, 

12m"ths 

do 

do 

do 

8  months 

47,506.00 

96,689.50 

164,145.62 

29,766.40 

1,902.-25 

95,012  00 

193.379  00 

328,-291  24 

59,532  80 

3,804  50 

451   00 

1,415  45 

1,551   00 

300  00 

18  00 

33,218  06 

56,068  60 
113,116  25 
17,212  25 
1,-252   184 

61,793  94 

137.310  40 
215,174  99 
4-2.3-20  55 
2.552  314 

71  92 

70  00 
65  32 

340,009.77 

680.019  54 

3,735  45 

2-20,867  34| 

459,152   19i 

207  24 

Periods  of  payment  for  the  instalments  due  per  the  above  Statement. 


YEAR    WHEN    PAYABLE. 

DISTRICTS  WHERE  PAYABLE. 

Amt.   in  1803. 

Amt.  in  1804. 

Amt.  in   1805. 

Amt.  in  1806. 

TOTAL. 

Cincinnati, 
Steubenville,     •      - 
Chillicothe, 
Marietta, 

Add — instalments  due  per  statement, 
for  1801, 

$42,398   10 

18,056  88 

1,440  00 

18  94 

181, -221  474 

$66,855  96 
65,-202  50i 
13,842  57 
951    124 

199,107  48 

$70,954  30 
78,427   lOi 
14,199  -23 
951   124 

170,689  68 

$18,895  98 
53,488  50 
12.838  75 
631    12A 

$199,104  34 
215.174  99 
42.3-20  55 
2,552  314 

551,018  63| 

Deduct — paid  in  anticipation  for  lands 
purchased  previous  to  Nov.  1, 1801, 

243,135   39i 

345,959  64 

335,221   44 

85,854  35| 

1,010,170  83 

50.558  504 

Dollars, 

959,612  32^ 

Treasitry  Department,  Begistcr's  Office,  December  6,  1802. 


JOSEPH  NOURSE.  Register. 


8 


FINANCE. 


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1802.]  REMISSION    OF    DUTIES. 


C. 

At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  on  the  7th  of  June.  1802, 
Present:  The  Secretary  of  State,  the  Secretary  of  the  Treasury,  the  Attorney  General  of  the  United  States. 
The  Secretary  of  the  Treasury  repiu-ted  to  the  Board,  that  provision  lias  already  been  made  to  meet  nearly  all  the 
demands  which  will  become  due  in  HoUaiiil  during  the  course  of  the  present  year:  but  that  it  is  necessary  to  make 
immediate  provision  for  the  payments  on  account  of  principal  and  Interest,  which  fall  due  tliere.  during  the  first  live 
months  of  the  year  1803,  and  amounting  to  four  millions  lour  hunilred  and  thirty-nine  thousand  eiglit  hundred  and 
thirty  guilders,  and  payable  at  the  following  periods,  viz.: 

1st  of  January,       -  -  -  -  -  872,700  guilders. 

1st  of  February,     ---...  986,350 

1st  of  March,         .  -  .  -  .  601,000 

1st  of  June,  -----  1,979,780 

That,  from  the  great  diminution  of  trade  between  this  country  and  Holland,  he  has  ascertained,  during  his  late 
excursion  to  New  York  and  Philadelphia,  that  it  is  impracticable  to  obtain  bills  on   Holland  to  that  amount;  that 
the  rate  of  exchange  is  already  forty-one  cents  per  guilder,  and  that  any  attempt,  on  the  part  of  the  Government 
to  procure  the  large  amount  now  wanted,  would  indubitably  raise,  considerably,  the  rate  of  exchange.  ' 

That,  if  it  shall  be  attempted  to  remit,  by  the  way  of  England,  the  loss  will  be  also  considerable:  the  present  rate 
of  exchange  with  that  country  being  now  above  par.  and  raising,  and  would  indubitably  be  enhanced,  shoulil  Go- 
vernment come  into  the  market  forlarge  puichases:  and  the  rate  of  exchange  between  England  and  Holland  being, 
by  the  last  advices,  ten  guilders  eight  stivers  per  pound  sterling,  nor  likely  to  become  more  favorable,  which,  sup- 
posing the  whole  amount  in  bills  on  England  to  be  procurable  (which  is  not  believed  to  be  the  fact)  at  168,  would, 
uicludingthe  commission  of  one  per  cent  in  England,  amount  to  forty-three  and  a  half  cents  per  gudder. 

That  the  Bank  of  the  United  States  having  been  applied  to.  has  refused  to  undertake  to  contract  for  making  the 
necessary  remittance;  and  that  the  two  only  considerable  offers  made  to  the  Secretary,  are  now  submitted  to  tlie 
Board,  viz: 

The  Manhattan  Company  offer  to  remit  the  whole,  at  the  rate  of  forty-three  cents  per  guilder. 
Alexander  Baring  offers  to  remit  guilders  3,140,487  I65,  payable  in  Amsterdam,  at  the  following  dates,  viz: 
1st  of  January,  1803,  ....  605,000  guilders. 

1st  of  February,     -  •  -  .  .  685,000 

1st  of  March,         -  -  -  .  .  425,000 

1st  of  June,  -  .  -  .  .  1,425,487  16^ 

And  at  the  rate  of  forty-one  cents  per  guilder:  Provided,  iiowever,  that  the  United  States  shall  sell  to  him  the  two 
thousand  two  hundred  and  twenty  shares  of  the  Bank  of  the  United  States,  owned  by  the  United  States,  at  forty- 
tive  per  cent,  advance,  or  at  the  rate  of  five  hundred  and  eighty  dollars  per  share;  which  last  proposition  is  recom- 
mended by  the  Secretary  of  the  Treasury  as  the  most  eligible;  as,  exclusively  of  the  advantageous  rate  of  exchange 
thereby  secured,  the  transaction  will  not  have  any  unfavorable  effect  on  the  rate  of  exchange  generally,  and,  by  so 
considerably  diminishing  the  ilemand.  will  enable  the  United  States  to  obtain  what  is  still  wanted,  at  a  reasonable 
rate;  and  because,  in  his  opinion,  the  price  obtained  for  the  Bank  shares,  is  more  than  could  be  obtained  were  they 
thrown  in  the  market  for  sale,  and  more  than  their  intrinsic  value.     Whereupon,  it  was 

Resolved,  by  the  Board,  "•  That  the  Secretary  of  the  Treasury  be  authorized  to  sell  the  shares  of  the  stock  of 
the  Bank  of  the  United  States,  belonging  to  the  United  States,  and  that  the  proceeds  thereof  be  applied  to  the  pay^ 
ment  of  the  capital  or  principal  of  any  part  of  the  debt  of  the  United  States,  which  had  become  due  to  the  Bank  ot 
the  United  States  before  or  during  the  course  of  the  year  1796,  and  which  remains  still  unpaid,  in  conformity  to 
the  provisions  of  the  act,  entitled  *■  An  act  making  provision  for  the  payment  of  certain  debts  of  the  United  States,' 
passed  on  the  31st  day  of  May,  1796.- ' 

JAMES  MADISON,   Secretary  of  State. 

ALBERT  GALLATIN.   Secretary  of  the  Treasury. 
Attest,  LEVI  LINCOLN,  Attorney  General. 

Edward  Jones,   Secretary  to  the  Board  of  Commissioners  of  Sinking  Fund. 


7th Congress.]  ]Vo.    188.  [2d   Session. 


REMISSION    OF    DUTIES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  22,   1802. 

Mr.  Samuel  Smith,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of 

John  Holland,  Jr.  of  Boston,  made  the  following  report: 

That  it  appears  from  tlie  proofs  submitted,  that  the  petitioner  arrived  in  the  port  of  Boston,  in  the  schooner 
Hannah,  on  Sunday,  the  twentieth  of  September,  one  thousand  eiglit  hundred  and  one;  that,  on  Monday,  the  twenty- 
first,  he  entered  the  said  schooner  at  the  custom  house,  being  himself  the  owner  and  commander;  that,  on  the  night 
of  the  same  day.  his  schooner  caught  fire  below  the  cabin  fioor,  and  the  fire  increasing,  the  said  schooner  was  scut- 
tled, by  order  of  the  fire  wards,  and  sunk;  by  which  the  cargo  suffered  great  damage. 

The  petitioner,  therefore,  prays  a  remission  of  duty  on  the  said  cargo,  in  proportion  to  the  damage  sustained. 

The  committee  are  of  opinion,  that,  as  no  part  of  the  cargo  had  been  landeil.  the  prayer  of  the  petition  ought  to 
be  granted,  and  recommend  the  following  resolution: 

Resolved,  That  the  collector  for  the  port  of  Boston  and  Charlestown  be.  and  lie  is,  hereby,  authorized  to  have  as- 
certained the  rate  of  tiamage  sustained  by  Jolin  Holland.  Jr.  on  the  goods  which  were  on  board  the  schooner  Hannah, 
when  she  caught  fire,  and  remit  to  the  said  John  Holland  the  duties,  in  proportion  to  the  damage  sustained  by  the 
goods  damaged  as  aforesaid. 


IQ  FINANCE.  L1803. 


7th  Congress.]  No.  189.  [SJ  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  4,  1803. 

Treasury  Department,  January  3,  1803. 

Sir:  ' 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 

have  the  honor  to  transmit  a  statement,  exhibiting  tlie  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1799,  1800,  and  1801. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives. 


180S.] 


DUTIES  AND   DRAWBACKS. 


11 


A  Statement  exhibiting  the  amount  of  Drawbacks  payable  on  sundry  articles  exported  from  the  United  States  in 
the  years  1799,  1800,  and  1801,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN  THE  TEAK  1799. 

IN  THE  TEAR    1800. 

IN  TUE  TEAR  1801. 

SPECIES  OF  MEKCHAXDISE. 

Duties 

Drawbacks 

Duties 

Drawbacks 

Duties 

Drawbacks 

received. 

payable. 

received. 

payable. 

receiveil. 

payable. 

On  Merchandise — 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Paving  a  duty  of  10  percent,  ad  val. 

1,654,709 

289,357 

562,182 

191,476 

2,339 

8,444 

Do                11             do 

418,968 

252,252 

142,456 

90,603 

3,659 

10,331 

Do               12*           do 

912,771 

206,136 

2,886,365 

304,160 

4,738,042 

822,263 

Do              13J           do 

150,676 

67,861 

329,947 

80,692 

688,854 

231,835 

Do              15             do 

723,955 

69,756 

1,123,015 

115,288 

1,397,9*4 

164,973 

Do              16i           do 

119,986 

22,491 

146,221 

25,750 

122,720 

25,443 

Do              20             do 

40,997 

6,077 

59,149 

4,965 

91,047 

7,159 

Do              22             do 

11,961 

3,048 

13,877 

2,654 

23,232 

3,942 

■Wines,  at               40            do 

65,557 

47,957 

49,458 

57,162 

62 

3,593 

Do                 44             do 

50,919 

55,614 

27,993 

33,519 

Wines,  Madeira,        _             -             _ 

35,949 

6,826 

151,846 

11,817 

155,124 

12,202 

Burgundy  and  Champaigne,  - 

391 

167 

748 

108 

2,167 

337 

Sherry,          _             -             _ 

231,388 

37,468 

75,493 

13,062 

26,239 

342 

St.  Lucar,     -             _             _ 

6,647 

1,912 

1,220 

544 

138 

Lisbon,          _             _             _ 

38,008 

890 

89,904 

174 

133,830 

2,711 

Oporto,          _             _             _ 

35,796 

3,648 

9,810 

980 

4,140 

77 

Teneriffe  and  Fayal, 

55y833 

9,497 

86,257 

11,905 

98,885 

26,289 

Malaga,          _             -             _ 

61,665 

24,946 

68,310 

19,393 

43,206 

41,477 

All  other,      _             _             _ 

69,059 

47,787 

241,339 

132,467 

481,803 

394,002 

Spirits,  Foreign,  distilled  from  grain,  - 

151,290 

15,966 

181,082 

19,552 

252,697 

16,357 

Do.             from  other  materials, 

2,151,600 

233,166 

1,367,210 

94,464 

2,089,962 

121,879 

Domestic  do.  from  Molasses,    - 

498 

175 

203 

172 

522 

Do.  from  domestic  produce,    - 

2 

- 

41 

24 

54 

Molasses,      _             _             -             _ 

167,911 

1,277 

194,248 

446 

299,768 

15,927 

Beer,  Ale,  and  Porter, 

22,871 

2,834 

22,114 

7,273 

15,917 

3,074 

Tea,  Bohea,               _            _            _ 

412,329 

2,097 

367,617 

109,027 

187,071 

68,898 

Souchong,           _             _             _ 

58,491 

1,178 

128,847 

3,589 

134,715 

55,913 

Hyson,  -             -             -             _ 

92,385 

15,106 

214,978 

43,854 

186,334 

96,418 

Other  Green,     -             -             _ 

109,847 

1,881 

153,353 

12,730 

248,507 

78,734 

Coffee,          -             _             _             _ 

1,932,504 

1,464,170 

2,120,368 

1,773,422 

2,983,447 

2,439,944 

Cocoa,           _             _             _             _ 

124,136 

102,076 

120,192 

93,334 

173,330 

137,132 

Chocolate,     -             -            -             _ 

31 

- 

61 

99 

Sugar,  Brown,            -             -             - 

1,547,823 

731,488 

1,796,428 

734,801 

2,623,647 

1,346,382 

Clayed,            -             -             - 

984,661 

864,847 

1,019,863 

840,951 

1,123,594 

1,067,532 

Lump,             _             _             _ 

29 

Loaf  and  Candy, 

255 

162 

1,967 

310 

1,292 

55 

All  other,        _'             -             _ 

115 

430 

Candles,  Tallow,       _             _             _ 

2,021 

1,020 

2,544 

1,095 

5,596 

1,856 

Wax  and  Spermaceti, 

660 

288 

161 

17 

273 

108 

Cheese,        -            -            _            _ 

18,685 

13,182 

34,649 

16,565 

50,344 

43,747 

Soap,             _             _             _             _ 

13,302 

11,246 

74,183 

34,636 

38,830 

45,560 

Pepper,         _             _             -             _ 

20,106 

29,295 

158,984 

53,642 

289,124 

234,532 

Pimento,       -             -             -             _ 

33,020 

23,151 

25,642 

16,827 

15,848 

10,037 

Tobacco,  manufactured. 

8,855 

542 

19,699 

5,314 

17,947 

1,147 

Snuff,            _             _             -             _ 

3,274 

1,257 

3,607 

109 

3,048 

3,986 

Indigo,           _             _             _             _ 

83,965 

68,028 

167,558 

141,800 

129,380 

73,723 

Cotton,          _             _             _             _ 

141,514 

113,282 

105,787 

103,484 

129,731 

108,675 

Nails,             _             _             _             _ 

66,314 

11,386 

73,939 

14,264 

73,878 

12,543 

Spikes,          _             _             _             _ 

1,493 

137 

4,904 

89 

2,877 

67 

Lead,  Bar  and  other. 

27,478 

28 

24,972 

635 

23,034 

3,867 

Steel,  unwrought,     -            -            _ 

6,801 

42 

9,077 

511 

15,489 

529 

Hemp,           _             _             -             _ 

165,785 

500 

19,535 

1,017 

81,435 

Cables,          -             -             _             _ 

1 

183 

292 

1,181 

860 

49 

Cordage,  Tarred,       -             -             - 

37,912 

4,922 

19,647 

9,888 

50,900 

5,731 

Do.       Untarred,  and  Yarn, 

2,296 

43 

2,456 

25 

3,267 

Twine  and  Pack-thread, 

7,915 

469 

8,546 

700 

7,120 

265 

Glauber  Salts,            _             _             _ 

2,285 

258 

2,832 

28 

2,995 

254 

Salt,               _             _             _             _ 

488,617 

20,805 

687,387 

5,190 

686,454 

13,864 

Coal,              _             _             -             _ 

11,981 

79 

25,150 

181 

31,889 

227 

Boots,            _             _             _             _ 

1,428 

562 

3,460 

323 

5,388 

383 

Shoes  and  Slippers  of  Silk, 

546 

216 

876 

298 

1,022 

757 

Do.   all  other,         -             -             _ 

11,403 

2,407 

11,766 

1,822 

13,559 

839 

Cards,  Wool  and  Cotton,        -             - 

10 

_ 

2 

55 

Do.  Playing,           -             -             _ 

11,134 

11,904 

19,462 

8,997 

48,939 

52,623 

Dollars,         - 

13,610,814 

4,905,345 

15,261,279 

5,249,282 

20,064,059 

7,819,093 

TREAsnRT  Department,  Register's  Office,  January  1,    1803. 


JOSEPH  NOURSE,  Register. 


FINANCE.    '<^r  [1803. 


7th  Congress.]       --^^^-    ^— '^--    -    --    ^^^-^        No.    190.  [2d  Session. 


.,  INTERNAL   REVENUES. 

COMMUNICATED  TO  THE   HOUSE   OF   REPRESENTATIVES,  JANUARY    6,    1803. 

Treasury  Department,  Januai-y  3,  1803. 

Sir:  ,  ,       .  , 

I  have  the  honor  to  transmit  two  statements  relating  to  the    internal  revenues  of  the  United  States,  ac- 
coinpanied  with  a  letter  from  tlie  commissioner  of  the  revenue,  explanatory  thereof. 

The  statement  marked  A  exhibits  the  official  emoluments  and  expenditures  of  the  officers  employed  in  col- 
lecting the  internal  revenues  of  the  United  States,  from  the  first  of  January,  1801,  to  the  31st  of  December 
following,  and  is  rendered  in  pursuance  of  an  act  of  Congress,  passed  on  the  11th  day  of  July,  1798. 

The  statement  marked  B  exhibits  the  amount  of  duties  upon  domestic  distilled  spirits  and  on  stills;  the  amount  of 
duties  upon  sales  at  auction,  refined  sugar,  carriages,  and  upon  licences  to  retailers;  and  the  amount  of  duties  upon 
stamped  vellum,  parchment,  and  paper,  and  which  have  accrued  from  the  first  of  January,  1801,  to  the  31st  of  De- 
cember following,  and  is  rendered  in  pursuance  of  the  resolution  of  the  House  of  Representatives,  passed  on  the 
6th  day  of  January,  1797. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  ofBepresentatives. 


Treasury  Department,  7?ej;enMe  t^ce,  Z)ecej7iier  29,  1802. 

Sir: 

I  have  the  honor  to  enclose  two  statements  relating  to  the  internal  revenues  of  the  United  States,  which 

have  been  prepared  pursuant  to  a  resolution  of  the  House  of  Representatives,  passed  on  the  6th  day  of  January, 

1797,  and  an  act  of  Congress  passed  on  the  11th  day  of  July,  1798. 

These  statements  exhibit  the  amount  of  duties  upon  domestic  distilled  spirits  and  stills;  sales  at  auction;  refined 
sugar;  carriages;  retailers''  licences;  and  stamps  upon  vellum,  parchment,  and  paper;  also,  the  official  emoluments 
and  expenditures  of  the  officers  employed  in  collecting  the  same,  for  the  year  prior  to  the  first  day  of  January, 
1802,  as  ascertained  from  abstracts  rendered  by  the  supervisors  of  the  respective  districts. 

In  order  to  show  the  progress  of  remittances,  during  the  period  for  which  these  accounts  are  made  up,  I  have 
annexed  a  note  of  the  sums  which  were  paid  into  the  treasury,  and  covered  by  warrant,  on  account  of  the  internal 
revenues,  and  on  account  of  the  direct  tax,  by  the  several  supenisors. 

I  have  the  lioiior  to  be,  with  perfect  respect,  your  obedient  servant, 

WILLIAM  MILLER,  Jr.  Commissioner  of  the  Revenue. 
The  Honorable  the  Seer etai-y  of  the  Treasury.  - 


1803.] 


INTERNAL  REVENUES. 


13 


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FINANCE. 


[1803. 


B. 

Statement  of  the  duties  arising  on  domestic  distilled  Spirits  and  Stills,  during  the  year  ending  upon  the  Zlst 

December,  1801. 


New  Hampshire, 

Massachusetts, 

Rhode  Island, 

Connecticut, 

Vermont, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia, 

Ohio, 

Tennessee, 

North  Carolina, 

South  Carolina, 

Georgia,* 


IN   WHAT  DISTBICT. 


Total, 


Amount  of  duties 
arising  on  spirits 
distilled  from  fo- 
reign materiiils, 
and  on  spirits  dis- 
tilled from  domes- 
tic materials,  in  ci- 
ties, towns,  and 
villages,  from  stills 
of  400  gallons  ca- 
pacity and  up- 
wards. 


Amount  of  duties 
arising  on  stiUs  in 
the  country,  and 
on  stills  in  cities, 
towns,  &.  villages, 
under  400  gallons 
capacity,  employ- 
ed in  distilling  do- 
mestic materials. 


$9  66 
140,233  91 

20,221   47 

1,785  08 

18  32 

8,037  54 

1,418  35 


217  51 


6,717  37 


$178,659  21 


$1,060  59 

5,870  43 
168  90 

6,544  32 

4,313  39 
89,771  06 

1,485  78 
21,491  69 
67,261  29 
22,733  06 

8,478  70 
18,174  90 

8,048  70 

1,667  22 


$257,070  03 


Total  amount  of 
duties  payable  in 
each  district. 


$9  66 

141,294  50 

20,221  47 

7,655  51 

187  22 

14,581  86 

4,313  39 
91,189  41 

1,485  78 
21,491  69 
67,478  80 
22,733  06 

8,478  70 
18,174  90 
14,766  02 

1,667  27 


$435,729  24 


*  The  supervlsorof  Georgia  has  not  rendered  his  abstract  of  still  duties  for  the  half  year   ending  31st  December,  1801. 

Treasury  Department,  Revenue  Office,  December  29,  1802. 

WM.  MILLER,  Jun.,  Commissioner  of  the  Revenue. 


B — Continued. 
A  statemeiit  of  the  duties  upon  Sugar  refined,  during  the  year  ending  upon  the  3lst  December,  1801. 


IN  WHAT  DISTRICT. 

Quantities  of  sugar 
removed. 

Gross  amount  of  du- 
ties. 

Discount  allowed  for 
promi)t  payment  at 
G  per  cent. 

Nett  amount  of 
duty  in  each  dis- 
trict. 

In  pounds. 

Dolls.    Cts. 

Dolls.  Cts. 

Dolls.    Cts. 

Massachusetts, 

Rhode  Island, 

New  York,         -        .        -         . 

Pennsylvania,     -        -        -        - 

Maryland,           .        -        -        - 

Virginia,    -        -        -        -        - 

318,172  00 

86,477  00 

1,524,499  00 

1,420,065  00 

561,013  00 

24,121   00 

6,363  64 

1,279  54 

30,489  99 

28,401  28 

11,220  26 

482  43 

234  56 

6  36 

1,640  84 

55 

265   18 

6,129  08 

1,723   18 

28,849  15 

28,400  73 

10,955  08 

482  43 

Total, 

3,934,317  00 

$78,687  14 

$2,147  49 

$76,539  65 

Treasury  Department,  Revenue  Office,  December  29,  1802. 

WILLIAM  MILLER,  Jr.,  Commissioner  of  the  Revenue. 


1803.] 


INTERNAL    REVENUES. 


15 


B — Continued. 

A  Statement  of  the  duties  upon  Licences  granted  to  retailers  of  f fines  and  Forcigti  Dinlilled  Spirits,  during  the 

year  ending  upon  the  3lst  December,  1801. 


NUMBER  OF  LICENCES. 

AMOUNT  OF    DUTY    IN 

IN    WHAT   DISTRICT. 

■\VilK-. 

Spirits. 

EACH   DISTRICT. 

New  Hampshire,        ------ 

Massacluisetts,           ------ 

Rhode  Island,             ------ 

Connecticut,               ------ 

Vermont,        ------- 

New  York,      ------- 

New  Jersey,*             ------ 

Pennsylvania,             ------ 

Maryland,       ------- 

Virginia,         -            -            -            •            -            ,            . 
Delaware,        .-----. 

Ohio.                ------- 

Tennessee,     ------- 

North  Carolina,          ------ 

South  Carolina,          ------ 

Georgia,*        ------- 

91 

569 

39 

300 

61 

906 

50 

606 

272 

349 

60 

14 

13 

86 

111 

29 

581 

2.409 
301 

1,021 
301 

2.117 
139 

1,009 

564 

972 

125 

13 

13 

378 

287 

52 

$3,360 

14,880 

1,70!) 

6,605 

1.810 

15,115 

945 
8,075 
4,180 
6,605 

925 

128  74 

130 
2,320 
1.990 

405 

Total, 

3,556 

10.282 

S69.173  74 

•  Abstracts  from  New  Jersey  for  the  last  half  year,  and  from  Georg-ia  for  the  last  quarter,  not  rendered. 
Treasury  Department,  Revenue  Office,  December  29,  1802. 

WILLIAM  MILLER.  Jr.,  Commissioner  of  the  Revenue. 


B — Continued. 

Statement  of  the  duties  on  Saks  at  Auction,  during  the  year  ending  on  the  31.s/  December,  1801. 


Amount  of  pur- 

Amount  of  pur- 

Gross amount 

Auction'rs' allow- 

Amount of  duty 

IN   WHAT  DISTRICT. 

ch;ise   money, 

chase  money, 

of  duties. 

ance  thereon, 

parable  in  each 

at  i  per  cent. 

at  3  per  cent. 

at  1  per  cent. 

District. 

New  Hampshire, 

823,407  41 

S7.554  54 

f<9&  36 

87 

895  49 

Massachusetts. 

579,458  99 

3.242,182  20 

17.659  41 

817G  03 

17,483  38 

Rhode  Island, 

14,876  24 

91,789  43 

496  06 

4  90 

491   16 

Connecticut, 

21,893  75 

32,556   14 

217  52 

2   15 

215  37 

Vermont. 

- 

104  41 

52 

52 

New  York, 

524,295  15 

3,298,623  05 

17.803  46 

177  79 

17.625  67 

New  Jersey,* 

10,677  25 

7,732  54 

65  33 

61 

64  72 

Pennsylvania. 

266,072  54 

2,357,184  37 

12.451   01 

124  37 

12.326  64 

Delaware, 

4,810  47 

10.260  61 

63  32 

58 

62  73 

Maryland, 

225.505  95 

1,440,189  84 

7,764  48 

77  46 

7,687  02 

Virginia, 

90.039  69 

812,024  26 

4,285  26 

42  43 

4.242  82 

Ohio, 

336  00 

2,194  52 

11   81 

12 

11  69 

Tennessee. 

North  Carolina,    - 

11.137  87 

69,671   14 

376  19 

3  76 

372  43 

South  Carolina.    - 

72.869  43 

849,682  28 

4.430  38 

43  86 

4.386  52 

Georgia, 

- 

213,347  9S 

1,067  30 

10  62 

1,056  68 

Total. 

$1,845,380  74 

812,435.097  31 

866,788  41 

8665  55 

866.122  M 

Abstracts  from  New  .Terscy  for  the  last  half  vear,  not  rendered. 


Treasury  Department,  Revenue  Office,  December  29,  1802. 

WILLIAM  MILLER,  Jr.,  Commissioner  of  the  Revenue. 


16 


FINANCE. 


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1803.] 


INTERNAL    REVENUES. 


17 


B — Continued. 

Jl  Statement  of  the  duties  upon  Stamped  Vellum.  Parchment,  and  Paper,  during  the  year  etiding  upon  the  31s; 

December,  1801. 


SALES. 

Commutation  of 
1   per  cent,   re- 
ceived on  bank 

Fines  and  pen- 
alties. 

Nett  amount 
accruinijin  each 

district. 

IN  WHAT  DISTRICT. 

Gross  amount. 

Discount  allow- 
ed on  purchases 
of  $10  and  up- 
wards. 

Nett  amount. 

dividends. 

New  Hampshire,     - 

$4,297  49 

$158   91 

$4,138  57 

$132  40 

$20  00 

$4,290  97 

Massacliusetts4 

37,995  19 

2,557  59 

35,437  60 

2,049  96 

40  00 

37,527  56 

Rhode  Island, 

6,478   15 

408  26 

6,069  89 

503  50 

20  79 

6,594   18 

Connecticut, 

7,362  09 

207  60 

7,154  48 

230  72 

30  00 

7,415  20 

Vermont, 

1,146  01 

8  44 

1,137  57 

- 

1,137  57 

New  York,      - 

62,107  04 

3,984  94 

581,22  10 

2,752  49 

119  48 

60,994  07 

New  Jersey,* 

2,344   16 

38  43 

2,305  73 

- 

2,305  73 

Pennsylvania, 

51,756  43 

3,330  57 

48,125  86 

12,542  80 

208  45 

61,177   11 

Delaware, 

1,770  28 

88  05 

1,682  22 

110  00 

20  35 

1,812  57 

Maryland, 

30,573  18 

1,616  99 

28,956   19 

1,963  79 

30  00 

30,949  98 

Virginia, 

22,838  54 

359  70 

22,478  84 

439  66 

183  85 

23,102  35 

Ohiof, 

79  30 

5  41 

73  89 

- 

73  89 

Tennessee, 

736  88 

17  46 

719  42 

- 

51   04 

770  46 

North  Carolina, 

6,544  42 

21   25 

6,523   17 

- 

80  25 

6,603  42 

South  Carolina, 

20,510  25 

1,228  22 

19,282  03 

750  00 

81   05 

20,113  08 

Georgia,* 

3,026  59 

4  62 

3,020  97 

- 

152  50 

3,173  47 

Total, 

$259,566  00 

$14,36  44 

$245,528  53 

$21,475  32 

$1,037  76 

$268,041   61 

*  Abstracts  from  New  Jersey  for  the  last  half  year,  and  from  Georgia  for  the  last  quarter,  not  rendered. 

I  Abstracts  of  sales  by  the  collectors  in  Ohio  District,  not  rendered. 

t  Abstracts  of  sales  by  the  collectors  in  Massachusetts  District,  for  the  last  half  year,  not  rendered. 

Treasury  Department,  Revenue  Office,  December  29,  1802. 

WILLIAM  MILLER,  Jr.,  Commissioiier  of  the  Pevenite. 


A  General  Statement  of  the  duties  upon  domestic  distilled  Spirits  and  Stills,  refined  Sugar,  Licences  to  retailers  of 
JFine  and  foreign  distilled  Spirits,  Sales  at  .Auction,  Carriages  for  the  conveyance  of  persons,  and  stamped 
Vellum,  Parchment,  and  Paper,  during  the  year  ending  the  31«/  of  December,  isoi . 


Domestic  dis- 

Stills. 

Refined 

su- 

Licences  to 

Sales 

at 

Carriag-es 

Stamps. 

Amount  of 

In  what  District. 

tilled  spirits. 

gar. 

retailers. 

Auction. 

for  the  con- 

duty  in  each 

veyancce 

District. 

of  persons. 

N.  Hampshire, 

$9 

66 

. 

$3,360  00 

$95 

49 

$2,029  58 

$4,290  97 

$9,785  70 

Massachusetts, 

410,233 

91 

$1,060  59 

$6,129 

08 

14,880  00 

17,483 

38 

15,251   81 

37,527  56 

232,566  33 

Rhode  Island,  - 

20,221 

47 

- 

1,723 

18 

1,700  00 

491 

16 

1,427  00 

6,594  18 

32,156  99 

Connecticut,    - 

1,785 

08 

5,870 

43 

- 

6,605  00 

215 

37 

5,329  (-6 

7,415  20 

27,220  14 

Vermont, 

18 

32 

168 

90 

- 

1,810  00 

52 

225  42 

1,137  57 

3,360  73 

New  York, 

8,037 

54 

6,544 

32 

28,849 

15 

15,115  00 

17,625 

67 

6.592   14 

60,994  07 

143,757  89 

New  Jersey,    - 

- 

4,313 

39 

- 

945  00 

64 

72 

414  69 

2,305  73 

8,043  53 

Pennsylvania,  - 

1,418 

35 

89,771 

06 

28,400 

73 

8,075  00 

12.326 

64 

8,376  57 

61,177   11 

209,545  46 

Delaware, 

- 

1.485 

78 

- 

925  00 

62 

73 

2,708  73 

1,812  57 

6,994  81 

Maryland, 

- 

21,491 

69 

10,955 

08 

4,180  00 

7,687 

02 

8,299  19 

30,949  98 

83,562  96 

Virginia, 

217 

51 

67,261 

29 

482 

43 

6,605  00 

4,242 

82 

13,532  92 

23,102  35 

115,444  32 

Ohio, 

- 

22,733 

06 

- 

128  74 

11 

69 

147  83 

73  89 

23,095  21 

Tennessee, 

- 

8,478 

70 

- 

130  00 

- 

77  83 

770  46 

9,456  99 

North  Carolina, 

- 

18,174 

90 

- 

2,320  00 

372 

43 

5,005  48 

6,603  42 

32,476  23 

South  Carolina, 

6,717 

37 

8,048 

70 

- 

1,990  00 

4,386 

52 

4,356  9(j 

20,113  08 

45,612  63 

Georgia, 

- 

21 

1,667 

22 

- 

405  00 

1.056 

68 

151   00 

3,173  47 

6,453  37 

Total, 

$178,659 

257,070 

03 

76,539 

65 

69,173  74 

66,122 

84 

73,926  21 

268,041   61 

989,533  29 

By  referring  to  the  notes  which  are  annexed  to  the  preceding  statements,  it  will  be  found  that  some  abstracts  are 
still  wanting  to  complete  the  statement  of  duties  fiu;  the  year  1801,  viz: 

From  the  District  of  New  Jersey  the  abstract  of  duties  on  Licences  to  retailers,  on  Sales  at  Auction,  on  Car- 
riages, and  on  Stamps  for  the  last  halt  year. 

From  the  District  of  Georgia,  the  abstract  of  duies  on  Stills,  for  the  last  half  year,  on  Licences  to  retailers,  on 
Carriages,  and  on  Stamps,  for  the  last  quarter. 

From  the  District  of  Ohio,  abstracts  of  sales  of  Stamps  by  collectors,  for  the  whole  year;  and 

From  the  District  of  Massachusetts,  abstracts  of  sales  of  Stamps  by  collectors,  for  the  last  half  year. 

Treasury  Department,  Revenue  Office,  December  29,  1802. 

WILLIAM  MILLER,  Jr.,  Commissioner  of  the  Revenue. 


18 


FINANCE. 


[1805 


The  following  sums  tvere  received  from  the  Supervisors  of  the  Revenue,  by  the  Treasurer  of  the   United  States, 

during  the  year  1800,  viz. 


In  tl>e  first  quarter. 
Second  ilitto, 
Thirtl  ditto. 
Fourth  ditto. 


On  account  of  the 
Internal  Revenue. 


$228,450  61 
253,372  22 
243,260  78 
323,003  82 


$1,048,087  43 


On  account  of  the 
direct  tax  of  two 
milhons  of  dollars. 


$194,217  13 

170,034  35 

93,058  71 

77,033  19 


$534,343  38 


Which  sums  were  received  from  the  following  Districts,  viz: 


New  Hampshire, 
Massacluisetts. 
Rhode  Island, 
Connecticut, 
Vermont. 
New  York, 
New  Jersey, 
Pennsylvania, 
Delaware, 
Maryland,     - 
Virginia. 
Ohio, 

Tennessee, 
North  C;:rolina, 
South  Carolina, 
Georgia. 


On   account  of  the 
Internal  Revenue. 


Total, 


$16,236  81 

228,742  01 

30,788  70 

36,844  97 

2,294  00 

123.302  89 

22,801   08 

214,179  33 

7,188  17 

96,438  22 

135.055   14 

16,128  58 

8.814  62 

44,939  79 

54.687  16 

9.646  02 


On  account  of  the 
Direct  tax. 


$13,426  68 

73.250  00 

7.050  00 

4,400  00 

8,137  30 

117.720  57 

17.713  30 

54,549  55 

5,468  00 

73,000  00 

154,531   24 

4,000  00 

1,096  74 


$1,048,087  43 


$534,343  38 


Treasury  Department,  Revenue  Office.  December  29,  1802. 

WILLIAM  MILLER.  Jr..  Commissioner  of  the  Revenue. 


7th  Congress.] 


No.  191. 


[2d  Session. 


M I N  T. 


COMSIUNICATED   TO   CONGRESS,  JANUARY    11,    1803. 


Gentlemen  of  the  Senate 

and  of  the  House  of  Reprcsetitatives: 
I  transmit  you  a  report,  received  from  the  Director  of  the  Mint,  on  the  subject  of  that  institution. 
January  11.  1803.  TH:  JEFFERSON. 


MixT  OF  THE  United  States,  1st  January,  1803. 

The  Director  of  the  Mint  of  the  United  States  begs  leave  respectfully  to  make  his  annual  report  on  the  issues 
and  state  of  the  mint. 

He  is  happy  to  inform  the  President  that  the  bullion,  deposited  in  the  mint  durins;  the  past  year,  has  far  exceeded 
what  was  expected  at  the  beginning  ot  it,  notwithstanding  the  considerable  check  given  to  deposites.  for  sometime, 
by  frequent  reports  Irom  the  seat  of  Government,  during  the  last  session  of  Congress,  that  the  mint  would  be  abo- 
lished. 

Since  the  1st  day  of  January.  1S02.  there  has  been  issued  from  the  mint  a  sum,  amounting,  in  the  whole,  to  five 
hundred  and  sixteen  thousand  one  hundred  and  fifteen  dollars  and  eighty -tliree  cents,  as  wifl  appear  in  detail  by 
schedule  No.  1.  iiereunto  annexed,  which  have  been  added  to  the  current  coin  of  the  Union.  Of  this  sum.  one 
hundred  and  twenty  nine  tli.msa;id  seven  hundred  and  thirty  dollars  and  ninetv  one  cents,  in  value,  in  gold,  have 
been  coined  from  bullion  and  §old  dust  imported  into  the  United  States,  and"  collected  to  the  mint,  as  a  centi-e. 
from  the  difterent  parts  of  the  Lnion.     The  balance  of  the  gold  coinage  has  been  coined  from  clipped,  plugged,  and 


1803.] 


THE    MINT. 


19 


otherwise  spoiled  foreign  coins,  which  have  been  sent  to  the  mint  as  bullion.     Had  not  this  whole  sum  been  coined 
in  the  United  States,  it  must  have  been  remitted  to  the  European  markets,  in  which  case  the  freight,  insurance 
and  commissions,  with  the  profits    on  the  cents,   would  have  amounted  to  a  sum  nearly  equal   to  the  current  ex- 
penditures of  the  mint. 

All  these  deposites  were  private  property,  the  certificates  for  which  were  sold,  generally,  as  soon  as  given,  to  the 
banks  in  this  city,  at  a  fourth  and  a  half  per  cent,  discount  for  the  delay  of  coinage.  The  banks  are  fond  of  keepin-^ 
the  coin  in  their  vaults,  as  part  of  tlieir  capitals,  on  account  of  the  ease  with  which  tliey  are  counted,  without  the 
trouble  of  weighing.  The  Bank  of  the  United  .States,  indeed,  having  a  considerable  part  of  their  specie  in  this 
coin,  have  been  enabled,  for  some  time  past,  to  cancel  their  five  dollar  notes,  and  to  substitute  the  payment  of  half 
eagles,  by  which  our  coins  begin  to  be  more  generally  dispersed  among  the  people. 

There  have  never  been  any  of  the  precious  metals  coined  on  account  of  the  Government  of  the  United  States. 

Comparative  issues  from  the  mint,  for  several  years  past,  will  appear  by   schedule  No.  2,  also  hereunto  annexed. 
The  current  expensesof  the  mint,  for  the  past  year,  have  amounted  to  seventeen  thousand  four  hundred  and  sixty- 
two  dollars  and  sixty-five  cents,  as  will  appear  froui  schedule  No.  ."5,  from  which  the  profits  on  the  copper  coina'^e 
amounting  to  $5.6-11  33  should  be  deducted.     Besides  the  cents  on  hand,  we  have  near  twenty-four  tons  of  copper- 
planchettes  ready  tor  striking;  the  coinage  of  which  are  in  daily  operation,  at  the  rate  of  fifteen  thousand  cents  a  day. 

It  is  a  duty  incumbent  up:)n  the  Director  of  the  Mint  respectfully  to  call  the  President's  attention  to  the  expira- 
tion of  the  law  ot  the  United  States,  for  continuing  the  mint  at  Philadelphia,  on  the  4th  of  March  next,  by  its  own 
limitation.  It,  therefore,  becomesabsolutely  necessaiy  that  the  subject  should  be  brought  before  Congress,  so  early 
that  provision  may  be  made  for  the  contingencj".  If  Congress  should  rise  without  doiiig  any  thing  therein,  the  mint 
could  not  be  continued  in  Piiiladelphia,  with  propriety;  neither  could  it  be  removed  to  theseat  ofGoveinment,  ibr 
want  of  a  law  to  authorize  it. 

It  is  but  doing  justice  to  merit  to  say,  that  the  officers  of  the  mint,  concerned  in  the  coinage,  and  the  workmen, 
have  greatly  increased  in  tlieir  professional  knowleilge,  and  have  acquitted  themselves  with  strict  integrity,  and 
particular  attention  to  their  several  departments,  for  many  years  past;  so  that  not  a  dollar  has  been  last,  except 
in  one  solitary  instance,  when  the  culprit  was  detected  by  tlieir  assiduity  and  care,  prosecuted  and  punished,  and  it 
was  by  their  exertions  that  the  mint  was  kept  open  during  the  late  distress  of  the  city,  by  the  fever  of  last  summer. 

If  the  mint  should  remain  in  its  present  situation,  there  will  be  a  necessity  of,  at  least,  two  additional  horses^ 
and  some  repairs  to  the  machinery.— part  of  it  having  been  repaired,  the  past  year,  from  necessity.  At  least  five 
hundred  dollars  will  be  necessary,  in  that  case,  to  be  added  to  the  usual  estimate,  to  be  appropriated  for  the  purchase 
of  horses,  and  further  repairs  to  the  present  machinery. 

All  which  is  respectfully  submitted  to  the  President,  by  his  very  obedient  and  humble  servant. 


To  the  President  of  the  United  States. 


ELIAS  BOUDINOT,  Director. 


An  abstract  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  \st  January  to  3I.s/  December,  1802. 

Gold  Coins. 


Quarter  ending  31st  Marcli,  1803, 
Do.  30th  June,       do. 

Do.  30th  September,  do. 

Do.  31st  December,  do. 


Eag'les. 


1,416 

6,789 
3,885 


Half  Eagles.    Quarter  Eag-l's 


10.076 

42,748 
352 


15,090 


53,176 


1,654 
958 


2,612 


Dollai-s. 


94,540 
213.740 

73.785 
41.285 


Total  amount  of  Gold  Coins, 

Silver  Coins. 


Quarter  ending  3 1st  March,  1801 
Do.  do.  30th  June,  do. 
Do.  do.  30th  Sept.  do. 
Do.        do.         3lst  Dec.  do. 


DoUars. 


9,841 

957 

8,710 

22,142 


41,650 


Half  DoUars. 


,910 


21,980 


29,890 


Dimes. 


10,975 


10,975 


Half  Dimes. 


2.550 
10.460 


13,010 


Dollars.  Cts. 


13.923  50 
2.577  50 
8,710  00 

33,132  00 


Total  amount  of  Silver  Coins, 

Copper  Coins. 


Quarter  ending  31st  March,  1801, 
Do.        do.  30th  June,      do. 

Do.        do.  30th  Sept.       do. 

Do.        do.         31st  Dec.       do. 


Cents. 


976,600 
1.004.000 

861.000 
593.500 


3,435.100 


Half  Cents. 


8,200 
6,166 


14,366 


Dolls.  Cts. 


Totals. 


423,350   00 


58,343  00 


9,766  00 

10.040  00 

8,651  00 

5,965  83 


Total  amount  of  Copper  Coins,  -  -  _  - 

Total  amount  of  Coins  issued  by  the  mint,  from  1st  January,  to  31st  December,  1802,  inclusive. 


34,422  83 


$516,115  83 


Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  2\st  December,  1802. 

For        BENJAMIN  RUSH. 
G.  EHRENZELLER. 


20 


FINANCE. 


[1803, 


Comparative  statement  of  the  coins  issued  by  the  Mint  of  the  United  States,  from  the  year  1798  to  1802,  inclu- 
sive, viz. 


1798 


1799 


1800 


1801 


1802 


7,974  eagles, 
24,867  half  ditto, 
614  quarter  eagles, 

327,536  dollars, 
27,550  dimes, 

979,700  cents, 

17.483  eagles, 
7,451  half  ditto  J 
480  quarter  ditto, 

423,515  dollars, 
904,585  cents, 
12,167  half  cents, 

25,965  eagles, 

11,622  half  eagles, 

220,920  dollars, 
21,760  dimesj 
24,000  half  dimes, 

2,822,175  cents. 
21 1,530  half  cents, 

29,254  eagles, 
26,006  half  eagles, 
54,454  dollars, 
30,289  half  dollars, 
34,640  dimes, 
33,910  half  dimes, 
1,362,837  cents, 

15,090  eagles, 
53,176  half  eagles, 
2,612  quarter  eagles, 
41,650  dollars, 
29,890  half  dollars, 
10,975  dimes, 
13,010  half  dimes, 
3,435,100  cents, 
14,366  half  cents, 


I 


Dollars. 


79,740 

124,335 

1.535 


327,536 
2,755 


174,830 

37,255 

1,200 


Gold. 


205,610 


213,285 


317,760 


422,570 


423,350 


1,582,575 


Silver. 


330,291 


423,515 


224,296 


74,758 


58,343 


1,111,203 


Copper. 


9,797 


9,106  68 


29,279  40 


13,628  37 


34,422  83 


Totals. 


545,698  00 


645,906  68 


96,234  28 


571,335  40 


510,956  37 


516,115  83 


2,790,012  28 


Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1802. 

For  BENJ.  RUSH, 

G.  EHRENZELLER. 


^n  Abstract  of  the  Expenditures  of  the  Mnt  of  the  United  States,  from  1st  January  to  i\st  December,  1802, 

inclusive. 


Salaries. 

Wages. 

Incidental. 

Totals. 

Quarter  ending  March,  1802,     ...... 

June,                  ...... 

September,        ...... 

December,          ...... 

$2,650 
2,650 
2,650 
2,660 

$1,460  27 
1,434  23 
1,508  28 
1,436  67 

$141  42 
192  41 
225  97 
463  40 

$4,251   69 
4.276  64 
4,384  25 
4,550  07 

Dollars, 

10,600 

5,839  45 

1,023  20 

Total  amount  of  the  expenditures  of  the  mint,  during  the  year  18( 

)2, 

• 

•                            • 

$17,462  65 

Mint  of  the  United  States, 

Treasurer's  Office,  Philadelphia,  3lst  December,  1802. 


For  BENJAMIN  RUSH, 
»       G.  EHRENZELLER. 


1803.] 


EXTENSION    OF   DUTY    BONDS. 


21 


A  Statement  of  the  gain  on  Copper  coined  at  the  Mint  of  the  United  States,  from  the  1st  January  to  the  31sf 

Decem,ber,  1802. 


5,101   13 


415  87 


23,205  83 


5,700  00 


34,422  83 


Balance  remaining  in  the  coiner's  hands,  uncoined,  on  the  31st 
December,  1801,  being  part  of  the  invoice  entered  18th  Septem- 
ber, 1801,  amounting  to        .....  . 

On  which  tliere  was  a  profit  of  $1,918  38.  This  sum  will  bear  the 
proportion  of  said  profit,  of  ..... 

454  03    Gained  in  the  weight  of  above  copper,  per  entry  of  lOtli  February, 
1802,  .  .  .  .  .     -         . 

Deduct,  for  an  error  in  invoice,  as  entered  18th  September, 

1801,   ,  .  •.;.•.  :  •  .   11  67 

38  16  Deduct,  for  returned  by  chief  coiner,  in  spoiled  planchettes 
and  clippings,  which  will  be  used  for  alloying,  per  entry 
14th  Augusl,   .  .  .  .  .  .  .   38  16 


23,350  41.5  Amount  of  invoice  entered  22d  December,  1801,  and  delivered  to 
chief  coiner  on  tiie  20th  February,   1802,  on  which  there  was  a 
profit,  ........ 

Deduct  allowed  4th  October,  107  91.5  to  coiner  for  loss  in  weight. 
Do.  returned  17th  November,    36  67      by  do.  in  copper  clippings. 


144  58.5    . 


144  58.5 


10,998  75    Amount  of  invoice  entered  18th  October,  1802,  on  which  there  was 
a  profit  of       .......  . 

5,298  75    Deduct,  so  much  remaining  yet  in  the  hands  of  the  chief  coiner, 
uncoined,  will  take  a  proportion  of  the  above  profit, 


Amount  of  copper  coined  in  the  year  1802. 

Amount  of  profit  on  coining  the  above  quantity. 


18,741   17 


454  03 


49  83 


3,676  07.5 


144  58.5 


2,289  43 
1,102  96 


522  16 


404  20 


3,531  49 


1,186  47 
5,644  32 


Mint  of  the  United  States, 

Treasurer's  Office,  Philadelphia,  31sf  December,  1802. 


For  BENJAMIN  RUSH. 
G.  EHRENZELLER. 


7th  Congress.] 


No.  192. 


[2d  Sb 


EXTENSION    OF    DUTY    BONDS. 

communicated    to    the    house    of   representatives,   JANUARY    14,    1803. 

Mr.  Randolph,  from  the  Committee  of  Ways  and  Means,  who  were  instructed  "  to  inquire  into  ('le  expediency 
of  prolonging  the  terms  of  payment  on  bonds  due  by  merchants  who  may  have  been  sufferers  by  tl>e  late  fire  at 
Portsmouth,  in  New  Hampshire,"  reported  tiie  following  resolution; 

^.csolved.  That  the  Committee  of  Ways  and  Means  be  directed  to  prepare  and  report  a  bill  to  authorize  the 
Secretary  of  the  Treasury  to  suspend,  for  a  limited  time,  the  collection  of  bonds  due  to  the  United  States  by  mer- 
chants of  Portsmouth,  New  Hampshire,  who  have  suffered  by  the  late  conflagration  of  that  town. 


Sir: 


Treasury  Department,  January  11th,  1803. 


I  have  the  honor  to  enclose  the  copy  of  a  letter  of  the  Collector  of  Portsmouth,  in  New  Hampshire.  The 
calamity  which  has  lately  afflicted  that  town,  is  so  extensive,  that,  if  a  decision  depended  upon  me,  I  would  feel 
inclined  to  grant  the  prolongation  of  credit  requested  in  favor  of  tiie  suffijrers. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  S.  Smith,  Chairman  of  the  Committee  of  Commerce  and  Manufactures. 


Sir: 


Collector's  Office,  District  of  Portsmouth,  December  29,  1802. 


The  greatest  calamity  that  ever  befel  the  town  of  Portsmouth  took  place  on  Sunday  last,  of  which  the  New 
Hampshire  Gazette,  now  enclosed,  gives  some  of  the  particulars.  The  store  employed  for  containing  public  pro- 
perty, as  well  as  the  custom  house,  was  consumed.  But  I  have  the  satisfaction  to  inform  you,  that  the  books  and 
papers  of  the  custom  house  were  all  secured,  and  the  loss  sustained  was  only  the  stamping  press,  the  scales  and 
weights,  and  some  stores  belonging  to  the  revenue  cutter.  The  weights  can  be  restored  to  use.  The  office  furni- 
ture was  consumed. 

Among  the  sufferers  are  several  persons  indebted  to  the  United  States  on  bonds  for  duties,  which  the  present 
calamity  will  render  distressing  to  them  to  discharge  at  the  terms  they  are  payable;  and  it  would  greatly  relieve, 
and  be  singularly  gratifying,  to  such,  if  a  prolongation  of  the  term  of  credit  could  be  authorized  by  ;an  act  of  Con- 
gress, as  it  is  now  in  session,  and  which  would  tend  to  evince  the  continued  attention  of  the  Government  to  relieve 
the  distresses  of  the  People. 

I  have  the  honor  to  be,  with  perfect  respect,  sir,  your  most  obedient  servant, 

JOSEPH  WHIPPLE. 

The  Hon.  Albert  Gallatin,  Esq. 

4  tt 


FINANCE.  [1803. 


7th  Congress.]  No.  193.  [2d    Session. 

ENCOURAGEMENT    TO   MANUFACTURES. 

COMMUNICATED    TO   THE    HOUSE    OF    REPRESENTATIVES,    FEBRUARY    4,    1803. 

TTie  memorial  of  the  subscribers,  gun  manufacturers,  in  the  borough  of  Lancaster,  in  the  Commonwealth  of  Penn- 
sylvania, respectfully  shouieth: 

That  your  memoralists  have  seen,  with  deep  and  attectiiig  concern,  a  resolution,  to  exempt  from  impost  duties, 
arms  manufactured  in  foreign  countries,  pass  in  the  House  of  Representatives  of  the  United  States.  To  extend  the 
hand  of  power,  and  crusli  tiie  manufactures  of  our  common  country,  in  their  most  infant  state,  your  memorial- 
ists would,  in  times  more  pressing  than  the  present,  consider  impolitic:  but,  when,  in  the  full  enjoyment  of  order 
and  peace,  the  various  resources  of  our  country  excite  improvement  and  accuinulate  wealth,  the  manufacture  of 
arms  by  ourselves,  and  for  our  own  use,  instead  of  receiving  the  fostering  proteci  ion  of  our  Government,  is  defeated, 
after  a  successful  experiment  of  its  utility — your  memorialists  can  beliohl  no  point  of  improvement  upon  which  they 
can  rest  with  stability;  no  manufacture,  tliat  promises  to  be  permanent;  no  experiment,  that  will  flatter  them  with 
patronage  and  encouragement. 

Encouraged  by  tiie  Government  of  the  State,  in  which  your  memorialists  live,  they  have,  at  very  great  expense, 
established  manufactures  of  arms,  and,  in  conjunction  with  others  in  the  State,  have  nearly  completed  twenty  thou- 
sand stand,  for  the  use  of  the  commonwealth  of  Pennsylvania.  Allured  by  this  encouragement,  they  have  increased 
their  establishments,  taken  in  and  instructed  apprentices,  and  excited,  by  their  undertakings,  a  competition — a  spirit 
of  enterprise,  among  their  fellow  citizens,  in  this  manufacture,  so  essential  to  national  safety,  national  independence, 
and  national  reputation.  If  the  independence  and  liberty  of  a  nation  depend  upon  the  correspondence  of  its  resour- 
ces to  its  wants,  then  is  there  no  want  so  imminent  now,  which  siiould  be  more  necessitously  supplied  from  the 
resources  of  our  own  country,  than  the  manufacturing  of  arms.  But,  by  giving  a  loose  to  the  facility  of  importing 
arms,  the  Government  of  the  United  States  will  crush  this  manufacture  in  its  infant  establisliment,  which  your  me- 
morialists hoped  to  see  cherished — if  not  for  tlie  maintenance  of  the  artist,  at  least  for  the  safety  of  the  country. 
Arms  may  be  imported,  but  who  will  keep  them  in  repair,  after  the  dispersion  of  our  journeymen  and  apprentices, 
who  must  engage  in  other  pursuits,  when  the  one  they  have  been  trained  up  in  will  cease  to  afford  them  subsistence? 
Will  the  day  ot  importation  last  forever?  or  will  there  never  be  a  day  when  the  manufacture  of  arms  will  be  thought 
useful,  and  merit  the  protection  of  Government?  A  given  stock  of  arms  Mill  be  exhaustible  in  war,  should  it  hap- 
pen; and  from  whence  will  it  be  supplied,  if  arms  are  to  be  pnicured  in  another  country,  when  the  very  cause  of 
the  consumption  will  preclude  the  possibility  of  their  iinportation?  But  the  encouragement  of  such  a  domestic  ma- 
nufacture will  establish  an  inexhaustible  stock  of  arms,  in  time  of  need;  artists  will  be  numerous,  and  manufactures 
convenient;  the  means  will  be  easy,  and  their  attainment  certain.  At  considerable  expense  have  your  memorialists 
undertaken,  and  with  some  diificulty  progressed  in,  the  establishment  of  this  manuiacture.  Mills  for  the  making  of 
gun  barrels  have  been  erected;  gun  locks,  and  every  other  article  in  a  gun,  have  been  made  in  the  best  manner,  and 
of  the  most  substantial  kind.  The  workmen,  the  execution,  the  machinery,  and  the  demand,  have  all  progressed 
apace  with  each  other.  A  few  years'  more  protection  from  Government,  and  this  manufacture,  in  this  country,  we 
believe,  will  be  too  iirinly  established  to  be  destroyed  by  the  importation  of  foreign  arms.  Break  it  up,  by  the  reso- 
lution you  have  adopted,  and  it  will  not  revive  for  ages:  for  no  security  can  afterwards  be  given  to  its  re-establish- 
ment, in  which  a  prudent  man  will  confide.  But,  your  memorialists  do  not  consider  the  manufacture  of  arms  ex- 
clusively affected  by  this  resolution,  which  passed  your  honorable  House;  they  humbly  conceive  the  principle  of 
that  resolution  strikes  deep  at  all  our  domestic  manufactures:  for,  with  this  example  before  them,  few  manufac- 
turers will  be  disposed  to  place  reliance  on  the  improvement  and  permanency  of  any  manufacture.  Your  memori- 
alists beg  leave  further  to  represent,  that  the  manufacture  of  arms,  in  this  State,  is  not  merely  circumscribed  within 
the  limits  of  the  county  of  Lancaster;  it  is  diffused  over  the  State,  equally  progressing,  in  extent  and  improvement, 
throughout;  and  they  confidently  assert  that  twenty  thousand  stand  of  arms  can  be  annually  manufactured  in  this 
State. 

Your  memorialists  beg  leave  to  call  the  attention  of  your  honorable  body  to  this  extensive  manufacture,  in  this 
State,  and  they  would,  with  deference,  ask,  if  it  be  prudent  or  politic  to  reduce  it,  by  a  single  decision — to  destroy 
it  with  one  blow!  If  our  sister  States  to  the  southward  have  not  established,  nor  can  now  practically  establish,  such 
extensive  manufactures  of  arms,  they  can  here  be  supplied,  on  the  same  terms  we  have  supplied  our  own  Govern- 
ment; and  thougii  they  may  purchase  arms  cheaper  in  Europe  than  they  can  from  the  American  manufacturer,  yet, 
as  they  will  suffer  no  grievance,  when  supplied  on  the  same  terms  with  other  States,  they  should  obtain  no  prefer- 
ence by  being  supplied  by  iinportation,  and  that,  too,  at  the  expense  of  destroying  a  usetul  domestic  manufacture. 

If  these  considerations  can  command  the  attention  of  the  honorable  the  Congress  of  the  United  States,  we  trust 
and  pray  that  the  impost  duty  on  arms  will  not  be  taken  oft";  and  that  the  encouragement  of  manufacturing  them 
among  ourselves,  will  be  considered  not  only  expedient,  but  necessary. 

And  your  memorialists,  as  in  duty  bound,  will  ever  pray. 

January  28ih,  1803.  JACOB  DICKERT, 

PETER  GONTER, 
ATRAM  HENRY, 
JOHN  GRAEFF, 
HENRY  DEHULF, 
JACOB  &  JOHN  HAEFFER, 
BENJAMIN  HUTZ, 
ABRAHAM  PIEPER, 
CHRISTOPHER  GUxMPP. 


1803.]  THE    SINKING   FUND.  23 


rth  Congress.]  No.  194.  [2d  Sessiok. 


SINKING   FUND. 

COMMUNICATED  TO^THE  SENATE,  FEBRUARY  7,    1803. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congiess  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  report  of  the  IGth  ot  December. 
1801,  as  far  as  the  same  iiave  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury  to 
this  Board,  dated  the  third  day  of  the  present  month,  and  in  the  proceedings  of  the  officers  of  the  treasury,  dierein  re- 
ferred to,  which  are  herewith  referred  to,  and  prayed  to  be  received  as  part  of  this  report. 

All  which  is  respectfully  submitted,  by  ^  AARON  BURR, 

Vice  President  of  the  Cnited  States  and  President  of  the  Senate. 
JAMES  MADISON.  Secretary  of  Slate. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
LEVI  LINCOLN,  Attorney  General  of  the  U.  S. 
Washington,  February  5,  1803. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Comissioners  of  the  Sinking  Fund: 

That,  since  the  date  of  the  last  report  to  Congi-ess,  of  the  16th  December,  1801,  and  to  the  1st  January,  1802,  tlie 
following  parts  of  the  principal  of  the  public  debt  have  been  dischaiged: 

1st.  In  payment  of  instalments  of  six  per  cent,  stock,  viz.  seventh  instalment  of  tiie  six  per  cent. 

stock,  which,  pursuant  to  the  "Act  making  further  provision  for  the  support  of  public  credit,  ' 

and  tor  the  redemption  of  the  public  debt,"  passed  3d  March,  1795.  and  the  act  in  addition 
tliereto,  passed  the  28th  April,  179G.  became  payable  for  the  year  1801,  -      $805,846  30 

First  instalment  of  the  deferred  six  per  cent,  stock,  which,  pursuant  to  the  acts  above 

recited,  also  became  payable  in  the  year  ISOl,        -----        272,416  '24 


$1,078,262  54 
2d.  In  payment  of  the  tenth  and  last  instalment  of  the  subscription  loan  for  bank  stock,  due  on 

the  last  day  of  December,  1801,  -.-..-..        200,00000 


Amounting  to        -  -  -•     1,278,262  54 

Which  payments  were  made  out  of  the  following  funds: 

1st.  The  interest  fund  on  sums  which  accrued  on  the  stock  purchased,  and  transferred  to  the  com- 
missioners of  the  sinking  fund,  in  trust  for  the  United  States,  as  particularly  stated  in  the 
document  hereto  annexed,  marked  B,  1801,  -.-.-..       $312,282  68 

2d.  The  fund  arising  from  the  payment  of  debts  whicli  originated  prior  to  the  present  constitution, 

as  particularly  stated  in  the  document  marked  C,  1801,  -  -  -  .  .  420  oo 

3d.  Tlie  funil  arising  from  dividends  on  the  capital  stock  which  belonged  to  the  United  States,  in 
the  bank  of  said  States,  from  1st  January,  1800,  to  30th  June,  1801,  after  deducting  the  interest 
on  the  subscription  loan  for  the  same  period,  as  stated  in  the  document  marked  D,  1801,        -  94,320  00 

4th,  The  fund  arising  from  the  sale  of  public  lands,  being  the  amount  drawn  by  the  agent  to  the 
commissioners,  pursuant  to  the  act  of  third  March,  1795,  as  stated  in  the  document  marked 
E,  1801,        -  -  -  -  -  -  -  -  -  -  -  -  162,021  29 

5th.  The  proceeds  of  the  duties  on  goods,  wares,  and  merchandise,  imported,  on  the  tonnage  of  ships 
or  vessels,  and  on  stills,  and  spirits  distilled  in  the  United  States,  appropriated  by  the  8th 
section  of  the  act  of  3d  March,  1795,  entitled  ''  An  act  making  further  provision  for  the  sup- 
port of  public  credit,  and  for  the  redemption  of  the  public  debt,"  -  -  .  .         709,218  57 

Making,  in  the  whole,  the  amount  of  the  reimbursements  of  the  six  per  cent,  stock,  and  the  tenth 

and  last  instalment  of  the  subscription  loan  for  bank  stock,  as  above  stated,      -  -  -   $1,278,262  54 


That,  besides  the  above  mentioned  reimbursements,  there  remained,  at  the  close  of  the  year  1801.  an  unapplied 
balance  of  ,2,513.846.9  guilders,  applicable  to  the  payment  of  the  principal  and  interest  of' the  Dutch  debt  for  the 
year  1802,  and  consisting  of  remittances  purchasetl  and  paid  for,  before  the  first  day  of  January,  1802,  beyond  the 
sums  wanted  to  meet  the  demands  in  Holland  during  the  year  1801. 

That,  during  the  year  1802,  the  following  disbursements  were  made  out  of  tiie  treasury,  on  account  of  the  prin- 
cipal and  interest  of  the  public  debt: 

1st.  There  was  paid,  on  account  of  the  reimbursement  and  interest  of  the  domestic  debt,  the  sum  of  $4. 654.699  61 

2d.  On  account  of  principal  of  moneys  borrowed  of  the  Bank  of  the  United  States,          -            -  1,290,000  00 

3d.  On  account  of  interest  on  domestic  loans,          -------  162,025  00 

4th.  On  account  of  reimbursement  of  capital  and  interest  of  Dutch  debt,  exclusive  of  repayments 

into  the  treasury.               ■,."."            "            '            '             "            -            -            -  3,243,065  91 

5th.  On  account  of  debts  due  to  foreign  officers.       -------  7,994  92 

6th.  On  account  of  certain  parts  of  the  domestic  debt,        ------  14,96684 


$9,372,752  28 


Which  disbursements  were  made  out  of  the  following  funds: 

1st.    From  the  funds  appropriated  by  the  first  section  of  the  '"Act  for  the  redemption  of  the  whole  of  the  public 
debt,"  viz: 

From  the  fund  arising  from  interest  on  the  domestic  debt,  transferred  to  the  commissioners  of  the  sinking  fund,  as 
per  statement  herewith  for  1802,  marked  B,  -------        $326,44992 

From  the  fund  arising  from  payments  into  the  treasury,  of  debts  which  oiiginated  under  the  late  Go- 
vernment, as  per  statement  herewith  for  1802,  marked  C,  -----  88879 

From  the  fund  arising  from  dividends  on  the  capital  stock  which  belonged  to  tlie  United  States,  in  the 
bank  of  said  States,  from  1st  July,  1801,  to  31st  December  following,  as  per  statement  herewith, 
marked  D,     -  -  -  -  -  -  -  -  -  -  -  -  33,960  00 

From  the  fund  arising  from  the  sales  of  public  lands,  being  the  amount  of  moneys  paid  into  the  trea- 
sury in  the  year  1802,  as  per  statement  herewith,  marked  E,  -----  179,57552 


FINANCE.  [1803. 


From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage  of  ships 

or  vessels,      --  ...------.       6,759,125 


Making,  in  the  whole,  the  annual  appropriation,  by  law,  for  the  year  1802,  under  the  act  afore- 
mentioned, -  -  -  -  -,.       .-  :  -  -  -  -     $7,300  000  00 

2d.  From  the  proceeds  oi  goods,  wares,  and  merchandise,  miported,  and  on  tonnage,  advanced  by 
the  treasury  in  order  to  enable  the  commissioners  in  Holland  to  make  the  payments  in  time,  con- 
formably to  the  fifth  section  of  the  "Act  making  provision  for  the  whole  of  the  public  debt,"  and 
being  in  part,  and  on  account  of,  the  annual  appropriation  of  $7,300,000,  for  the  year  1803,        -  785,152  38 

3d.  From  the  proceeds  of  2,220  shares  of  the  capital  stock  of  the  Bank  of  the  United  States,  which 
have  been  sold,  in  pursuance  of  the  "Act  making  provision  for  the  payment  of  certain  debts  of 
the  United  States,"  the  proceeds  of  which  have  been  placed  in  the  treasury,  as  appears  from  the 
proceedings  of  the  accounting  officers,  herewith  transmitted,  marked  F,  -  -  -        1,287,600  00 

$9,372,752  28 


That  the  above  menti(med  disbursements,  made  during  the  year  1802,  and  amounting  to  $9,371,752  28,  together 
with  the  above  mentioned  balance  of  2,313,840.9  guilders,  which  remained  unexpended  on  the  first  January,  1802, 
have  been  applied  as  follows,  that  is  to  say: 
1st.  To  the  payment  of  the  interest  which,  during  the  year  1802,  accrued  on  the  whole  of  the  public  debt,  including 

domestic  loans,      -----------         $4,065.738  47 

2d.  To  the  reimbursement  of  the  following  parts  of  the  debt  of  the  United  States,  which  have  been  discharged 

during  the  year  1802,  viz: 
Temporary  loans  obtained  of  the  Bank  of  the  United  States,  from  the  proceeds  of  two  thousand  two  hundred  and 

twenty  shares  of  bank  stock,  -  -  -  -  -  -  -  -  -  $1,287,600 

From  the  proceeds  of  duties  on  merchandise  and  tonnage,        -  -  -  -  -  -  2,400 

Instalments  of  the  Dutch  debt  which  became  due  by  contract  in  1802,  viz: 

Guilders  at  40  cts. 
Second  instalment  of  two  millions  loan,  of  4th  March,  1874,  -  -  -  .        250,000 

Fifth  and  last  instalment  of  one  million  loan  of  1st  January,  1787,         -  -  .  -        200,000 

Fourth  instalment  of  one  million  loan,  of  13th  March,  1788,      -----        200,000 

Third  instalment  of  three  millions  loan,  of  1st  February,  1790,  -  -  -  -        600,000 

First  instalment  of  two  millions  five  hundred  thousand  loan,  of  2d  March,  1791.  -  -        500,000 

First  instalment  of  two  millions  and  fifty  thousand  loan,  of  30th  November,  1791,      -  -        410,000 

First  instalment  of  six  millions  loan,  of  14th  December,  1791,  -  -  -  -     1,200,000 

3,360,000 
At  40  cents,        -  -  1,344,000 


Making,  together,  the  sum  of       -  -  -         $2,634,000 

3d.  To  the  provision  necessary  for  the  reimbursement  of  the  eighth  instalment  of  the  six  per  cent,  stock,  and  the 
second  instalment  of  the  deferred  six  per  cent,  stock,  becoming  payable  the  1st  January,  1803,  estimated  at  the 
sum  of        --..---------  $1,117,869  37 


And  that,  besides  the  above  mentioned  reimbursement  and  payments,  there  remained,  at  the  close  of  the  year 
1802,  exclusively  of  the  amount  of  sundry  protested  bills  still  outstanding,  and  of  unexpended  balances  in  the  hands 
of  agents,  an  unapplied  balance,  estimated  at  5,914.006.10  guilders,  applicable  to  the  payment  of  the  principal 
and  interest  of  the  Dutch  debt  for  the  year  1803,  and  consisting  of  remittances  purchased  and  paid  for  before  the 
first  day  of  January.  1803,  beyond  the  sums  wanted  to  meet  the  demands  in  Holland  during  the  year  1802. 

No  purchases  of  the  debt  of  the  United  States  have  been  made  since  the  date  of  the  last  report  to  Congi-ess;  and 
the  accompanying  statement,  marked  A,  exhibits,  for  the  years  1801  and  1802,  respectively,  the  operations  at  the 
treasury  in  the  transfer  of  stock  to  the  commissioners  of  the  sinking  fund,  in  trust  for  the  United  States,  upon  the 
reimbursement  of  the  foreign  debt,  in  the  years  1800  and  1801,  and  include,  also,  the  sums  in  the  several  species  of 
stock  transferred  in  each  of  those  years,  in  payment  for  lands  sold  belonging  to  the  United  States,  that  is  to  say: 
In  1801,  -------  $23,816  58 

In  1802,  -------  15.518  49 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury, 
Treasury  Department,  February  3,  1803. 


1803.] 


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1802,  March -27,  warrant  No.  1,674 .  U?i,^59  \^ 

'  Tune  25,                            1,926, '    .            •  65,508  67 

September  25,                   2,217, 63,540  26 

December  26,                  2,474, U9,9^4:  66 

$312,282  68 
Treasury  Department,  i?e5"f«'er's0^cf,  Z)ecem6er  21,  1802. 


JOSEPH  NOURSE,  Register. 


C— 1801. 


Statement  of  moneys  received  at  the  Treasury  in  the  year  1801,  from  the  payment  of  old  debts  which  originated  prior 
to  the  present  consiitution,  being  the  amount  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public 
debt  on  the  llth  December,  1801,  pursuant  to  the  act  of  the  3d  March,  1795,  and  agreeably  to  a  statement  made 
at  the  Treasury,  No.  13,110,  dated  February  5,  1802. 

From  Edward  Carrington,  late  deputy  quartermaster  general,  on  account  of  public  property  sold,       S420  00 
Treasury  Department,  Register's  Office,  December  21,  1802. 


JOSEPH  NOURSE,  Register. 


D— 1801. 


Statement  of  moneys  arising  from  dividends  on  the  cctpilal  stock  ivhich  belonged  to  the  United  States,  in  the  bank  of 
said  States,  from  1st  January,  1800,  to  the  30th  June  following,  after  deducting  the  interest  on  the  subscription 
loan  for  the  same  period,  being  the  amount  draivn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public 
debt, pursuant  to  the  act  oftheSd  March,  1795,  and  agreeably  to  a  statement  made  at  the  Treasury,  No.  13,110, 
dated  February  5,  1802. 

1801,December  11.  Warrant  No.  2,435, $94,320  00 

Treasury  Department,  Register's  Office,  December  21,  1802. 


JOSEPH  NOURSE,  Register. 


E— 1801. 


Statement  of  moneys  received  into  the  Treasury  in  the  year  1801, /ram  the  sale  of  public  lands,  being  the  amount 
drawn  by  the  agent  to  the  trustees  for  the  redaction  of  the  public  debt,  pursuant  to  the  act  of  the  3d  March 
1795,  and  agreeably  to  a  statement  made  at  the  Treasury,  No.  13,110,  dated  February  5,  1802. 

1801,  December  11.  Warrant  No.  2,436,  - $162,021  29 

Treasury  Department,  Register's  Office,  December  21,  1802. 

JOSEPH  NOURSE,  Register. 


1803.] 


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B. 

Sfnfement  of  moneys  arising  from  interest  on  stock  transferred  to  the  United  States;  being  the  amount  drawn  by 
the  asenlto  the  trustees  for  the  redemption  of  the  public  debt,  pursuant  to  the  act  of  the  8th  May,  1792,  and  agree- 
ably to  a  statement  made  at  the  Treasury,  No.  14,084,  dated  20th  January,  1803. 

1802,  March  26,  Warrant  No.  2,729,  -------  $70,685  78 

Tune  28.                                3,041, '0^23  17 

September  27,                      3,280, 70,827  51 

December  28,                     3,495,  --------  "4,213  46 

$326,449  92 


Treasury  Department,  Register'' s  Office,  January  28,  1803. 

iREAsuRYUEPARiMi-N  ,      s  J/  JOSEPH  NOURSE,  i?c§-ts<er. 


Statement  of  moneys  received  at  the  Treasury  in  the  year  1802,  from  the  payment  of  old  debts  which  originated 
prior  to  the  present  constitution,  being  the  amount  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the 
public  debt,  on  the  28th  December,  1802,  pursuant  to  the  act  of  the  3d  March,  1795,  and  agreeable  to  a  statement 
made  at  the  Treasury,  No.  14,084,  dated  January  20th,  1803. 

From  Edward  Carrington,  late  deputy  quartermaster  general,        -----  $38816 

From  Henry  Miller,  late  assistant  commissary,        -------  50063 


Treasury  Department,  Register's  Office,  January  28,  1803. 

D. 


$888,79 
JOSEPH  NOURSE,  Register. 


Statement  of  moneys  arising  from  dividends  on  the  capital  stock  which  belonged  to  the  United  States,  in  the  bank 
of  said  States,  from  the  1st  Jidy,  1801,  to  the  "ilst  December  following,  after  deducting  the  interest  on  the  sub- 
scription loan  for  the  same  period,  being  the  amount  draicn  by  the  agent  to  the  trustees  for  the  redemption  of  the 
public  debt,  pursuant  to  the  act  of  the  3d  March,  1795,  and  agreeably  to  a  statement  made  at  the  Treasury,  No. 
14,084,  dated  20th  January,  1803. 

1802,  December  28.  Warrant  No.  3,493, -         $33,960  00 

Treasury  Department,  Register's  Office,  January  28,  1803.  ,^c,r.T.TT  ^-^t^t.ot,     ^     • 

JOSEPH  NOIjRSE,  Register. 

E. 

Statement  of  moneys  received  into  the  Treasury  in  the  year  1802,  from  sales  of  public  lands,  being  the  amount 
drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  pursuant  to  the  act  of  the  3d  March, 
1795,  and  agreeably  to  a  statement  made  at  the  Treasury,  No.  14,084,  dated  20th  January,  1803. 

1802,  December  28.  Warrant  No.  3,492,  -------  $179,575  52 

Treasury  Department,  Register's  Office,  January  28,  1803.  ,,,„^„,,  ^.^^.^r.^ 

JOSEPH  NOURSE,  Register. 

F. 

Treasury  Department,  Auditor's  Office,  January  14,  1803. 
No.  14,065. 

I  have  examined  and  adjusted  an  account  between  the  United  States  and  Alexander  Baring,  and  find  that  he 
is  chargeable  on  said  account — 

To  amount  of  2,220  shares  owned  by  the  United  States  in  the  stock  of  the  Bank  of  the  United  States,  sold  and 
transferred  to  him  in  the  month  of  June,  1802,  in  pursuance  of  an  agreement  made  with  the  Secretary  of  the 
Treasury,  on  behalf  of  the  commissioners  of  the  sinking  fund,  at  $580  per  share,        -  -  -    $1,287,600 

I  also  find  tliat  he  is  entitled  to  credit  on  said  account — 
By  treasury  warrants,  for  amount  of  warrant  No.  583,  dated  30th  June,  1802,  drawn  on  him  in  favor  of  the 
treasurer,  -  - 1,287,600 


The  statements,  documents,  and  cancelled  warrants,  on  which  this  report  is  founded,  are  herewith  transmitted, 
for  the  decision  of  the  Comptroller  of  the  Treasury  thereon. 

R.  HARRISON,  Auditor. 
To  Gabriel  Duvall,  Esq.  Comptroller  of  the  Treasury. 

Treasury  Department,  Comptroller's  Office,  January  21,  1803, 

Admitted  and  certified. 

G.  DUVALL. 
To  the  Register. 


1803.] 


ENCOURAGEMENT  TO  MANUFACTURES. 


29 


Dr. 


F — Continued. 
Alexander  Baring  in  account  with  the  United  States. 


Cr. 


To  amount  of  2,220  shares  owned  by  the  United  States  in  tlie  stock  of 
the  Bank  of  the  United  States,  sold  and  transferred  to  him  in  the 
month  of  June,  1802,  in  pursuance  of  an  agreement  made  witii  the 
Secretary  of  the  Treasury,  on  beliaif  of  tKe  commissioners  of  the 
sinking  fund,  at  $580  per  share,  -  -  $1,287  600 


By  treasury  warrants  for  amount  of  war- 
rant No.  582,  dated  the  thirtieth  June, 
1802,  drawn  on  him  in  favor  of  tlie 
treasurer,  -  -  $1,287,000 


P.  FERRALL. 


Avditor's  Office,  January  \  4,  1803. 

Comptroller's  Office,  January  18,  1803. 

AN])REA\   ROSS. 

Treasury  Department,  Register's  Office,  January  25,  1803. 

I  certify  that  the  foregoing  report  and  statement  are  true  copies  of  tlie  originals  on  file  in  this  office. 

JOSEPH  NOURSE,  Register. 


'th  Congress.] 


No.  195. 


[2d  Session 


DUTY   ON  REFINED   SUGAR 

communicated  to  the  house  of  representatives,  FEBRUARY  1),  1803. 

Mr.  Randolph,  from  tlie  Committee  of  ^^'ays  and  Means,  to  whom  was  referred  the  memorial  of  Charles  Gartes 
and  others,  sugar  refiners  of  the  City  of  Baltimore,  made  the  following  report: 

That,  by  an  act,  passed  during  the  last  session  of  Congress,  it  is  enacted  that,  from  and  after  the  30th  of  June, 
1802,  all  internal  duties  on  refined  sugar  shall  cease  and  be  discontinued,  excepting  such  duties  thereon  as  should 
have  accrued,  and  remained  outstanding,  on,  or  before,  that  day. 

That.the  petitioners  complain  of  a  construction  given  to  this  act,  by  the  Treasury  Department,  whereby  sugars 
refined  before  the  above  mentioned  period,  although  not  removed  from  the  refinery  until  after  its  expiration,  iTave 
been  subjected  to  duty. 

This  construction  your  committee  believe  to  have  been  correct,  for  the  following  reasons: 

1st.  The  duty  is  laid,  by  the  second  section  of  the  act  imposing  certain  duties  on  snuff  and  refined  sugar,  upon 
all  sugars  refined  after  the  30th  day  of  September,  1794,  and  was  not  levied  on  any  sugars  refined  previous  to  that 
period,  although  subsequently  removed. 

The  act  of  rf^HJ??^,  therefore,  and  not  of  removing  the  sugars,  rcmlered  them  liable  to  the  duty:  and  the  pro- 
visions in  relation  to  their  removal  from  the  refinery,  were  intended  to  render  convenient  and  secure  the  collection 
of  the  duty,  which,  by  the  act  of  refining,  had  been  incurred.  On  those  sugars,  therefore,  which  have  been  refined 
before  the  30th  day  of  June,  1802,  (and  on  which  the  duties  have  not  been  satisfied)  duties  "  had  accrued,  and  did 
remain  outstanding,"'  although  they  might  not  have  been  removed,  or  sent  out  of  the  manufactory. 

2d.  A  contrary  construction  might  have  enabled  the  sugar  refiners,  by  forbearing  to  remove  their  sugars  from 
the  time  of  passing  the  act  repealing  the  duty,  until  the  1st  of  July,  1802.  to  CTade,  altogether,  the  payment  of 
those  duties,  during  that  period,  to  the  manifest  detriment  of  the  revenue,  and  the  evasion  of  the  plain  intention  of 
the  act  in  question.  But,  in  consideration  of  the  reduction  of  price,  which,  it  is  believed,  did  actually  take  place  [in 
consequence  of  an  expectation  that  the  duties  would  cease  to  be  collected  after  the  30th  of  June,  1803]  and  of  the 
diversity  of  opinions  which  exist  in  relation  to  the  construction  of  the  law  in  question,  the  committee  respectfully 
recommend  the  following  resolution: 

Resolved,  That  no  duty  shall  be  collected  on  sugars,  removed  from  the  refinery  since  the  30th  day  of  June,  1802, 
any  law  to  the  contrary  notwithstanding. 


7th  Congress.] 


No.  196. 


[2d  Session. 


ENCOURAGEMENT  TO  MANUFACTURES. 

communicated  to  the  house  of  representatives,  February  21,  1803. 

Mr.  Samuel  Smith,  from  the  Committee  of  Commerce  and  manufactures,  to  whom  were  referred  the  petitions  and 
memorialsof  the  following  manufacturers  of  the  United   States,  to  wit:  Of  the  Franklin  Association,  and  other 
journeymen  printers,  of  comb  makers,  gun  smiths,  cork  cutters,  calico  printers,  cordwainers,  paper  makers, 
letter  founders,  makers  of  umbrellas,  brushes,  glas;^  stoneware,  gunpowder,  hats,  and  starch,  praying  for  pro- 
tecting duties  to  be  laid  on  the  importation  of  articles  of  their  respective  manufactures,  made  the  following  report : 

That  justice  to  the  petitioners  and  sound  policy  point  to  the  necessity  of  granting  governmental  aid  for  the  pro- 
tection of  such  manufactures  as  are  obviously  capable  of  affording  to  the  United  States  an  adequate  supply  of  their 
several  and  respective  objects,  either  by  admitting,  free  of  duty,  tlie  raw  article  essential  to  their  manufacture,  and 
which  cannot  be  procured  in  the  United  States,  or  by  imposing  a  higher  duty  tlian  is  paid  on  those  articles,  to  the 
ananufacture  whereof  our  citizens  are  incompetent. 
5  tt 


FINANCE.  [1803 


The  committee  take  leave  to  observe,  that  the  duties  now  payable  on  importation  do  not,  in  their  opinion,  ope- 
rate as  protecting  duties  to  our  infant  manufactures;  because  tiiat  the  duties  on  almost  all  the  articles  of  consump- 
tion being  nearly  equal,  the  manufacturers  of  the  United  States  are  charged  therewith  in  every  thing  they  consume, 
and  the  journeyman  being  compelled  to  pay  for  every  thing  he  consumes  at  least  28  per  cent,  more  than  he  would 
be  obliged  to  pay,  if  such  duties  did  not  exist,  he  must,  of  course,  be  paid  in  proportion  for  his  labor.  Your  com- 
mittee are,  theieibre,  induced  to  believe  that  the  present  duties  on  imports  operate  an  injury  rather  than  a  benefit  to 
the  manufacturer  of  the  United  States. 

Your  committee  refrain  from  pressing  this  important  subject  during  the  present  session,  as  well  because  that  the 
press  of  public  business  is  such,  that  time  sufficient  could  not  be  afforded  for  a  proper  discussion,  as  that  they  hope 
and  expect  that  Congress  will,  at  their  next  session,  revise  their  laws  laying  duties  on  imports;  as  a  preparation  ior 
which  the  connnittee  submit  the  following  resolution: 

Uesolved,  That  the  Secretary  of  the  Treasury  be,  and  he  is,  hereby,  directed  to  prepare,  and  lay  before  Congress 
early  in  theii-  next  session,  a  plan  for  the  laying  new  and  more  specific  duties  on  goods,  wares,  and  merchandise,  imported 
into  the  United  States,  so  as  that  the  same  shall  (as  near  as  may  be)  neither  increase  nor  dimimish  the  present  reve- 
nue arising  to  the  United  States  Irom  imports. 


7th  Congress.]  ]Vo.  197.  [2d Session. 


ARREARS  OF  DIRECT  TAXES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  1,  1803.  ^ 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives,  ot  the  twenty-fourth 

ultimo,  respectfully  reports: 

That,  by  the  last  returns,  it  appears  that  the  uncollected  arrears  of  the  direct  tax  may  be  estimated  at  367,600 
dollars  and  73  cents,  as  will  more  fully  apear  by  the  letter  of  the  commissioner  of  the  revenue,  hereunto  annexed, 
and  to  which  the  Secretary  begs  leave  also  to  refer,  for  the  reasons  which,  in  the  opinion  of  the  commissioner,  have 
delayed  the  completion  of  the  collection  of  that  tax. 

That,  amongst  several  other  causes,  the  two  most  prominent  impediments  seem  to  have  been,  first,  the  difficulty 
of  completing  the  assessments;  and  secondly,  the  length  of  the  process  necessary  to  effect  a  sale  of  unoccupied 
lands;  which  last  cause  has  operated  most  forcibly  in  the  States  of  Massachusetts,  New  York,  Pennsylvania,  Vir- 
ginia, and  Kentucky. 

Tiiat  the  completion  of  the  assessments  was  retarded  in  almost  all  the  States,  by  the  novelty  of  the  experiment, 
in  some,  by  the  sparse  situation  of  the  inhabitants,  in  several,  by  the  large  quantity  of  unseated  lands;  and  particu- 
larly, in  the  three  Southern  States,  by  an  alleged  want  of  a  sufficient  compensation  for  the  commissioners  and  asses- 
sors, evidenced  by  successive  resignations. 

That,  in  the  State  of  North  Carolina,  the  difficulty  of  obtaining  assessors  was  increased  by  a  disqualifying  law  of 
the  State,  and  that,  for  almost  a  year,  and  until  an  extra  compensation  had  been  provided  for  by  law,  the  abstracts 
were  detained  in  that  State,  for  want  of  persons  to  transcribe  the  assessment  lists;  for  which  reasons  the  tax  did 
not  become  due  there,  till  the  month  of  November,  1801. 

That,  in  Georgia,  the  business  was  delayed  one  year,  for  want  of  a  meeting  of  the  Boaid  of  commissioners;  and 
that  the  final  proceedings  of  the  Board,  which  were  received  at  the  treasury,  in  April,  1801,  were,  on  account  of 
numerous  inaccuracies,  returned,  for  the  purpose  of  being  corrected;  which  pi-evented  the  operation  of  the  tax  till 
January,  1802. 

And  that,  in  South  Carolina,  the  assessment,  which  is  not  yet  completed,  has  been  principally  retarded  by  the 
difficulty  ot  obtaining  a  commissioner  in  the  first  district,  in  which  five  gentlemen,  successively  appointed  commis- 
sioners, refused  to  act,  two  resigned,  and  one  died. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 

Treasury  Department,  February  28th,  1802. 


^    _  Treasury  Department,  Revenue  Office,  February  2d,  1803. 

On  the  subject  of  the  enclosed  resolution  of  the  House  of  Representatives,  I  have  the  honor  to  submit  the  fol- 
lowmg  information: 

The  tax  assessed  on  the  States  of  Connecticut,  New  Jersey,  and  Delaware,  has  been  collected  and  accounted  for. 

1  he  balances  outstanding  on  the  New  Hampshire  and  Tennessee  lists,  were  so  much  diminished,  when  the  su- 
pervisors niade  up  their  last  returns,  that  I  consider  the  collection  thereof  completed  ere  now. 

1  he  situation  of  the  other  States,  appears  to  be  nearly  as  follows: 

Ihe  sums  to  be  collected  and  accounted  for,  by  the  collectors,  amount  to. 

In  Massachusetts,  --.-..-  $9,904  89 

Rhode  Island,  -.-.-..  4  833  05 

Vermont,  -  -  - 4,896  38 

New  York,      ----.-..  21,582  92 

Pennsylvania,  --..-..  30,733  70 

Maryland,        ---.....  15  485  45 

yirS'i'ia,  -  -  -  -  -  -  -  16,588  71 

Kentucky,       -..-....-  24,236  25 

North  Carolina,  -  -  -  -  -  _  .  85  474  78 


$215,788  13 

In  the  State  of  Georgia,  the  assessment  was  complete,  and  collectors  were  appointed  for  all  the  counties  except 
Bullock  anu  Bryan;  the  col  ection  was  then  in  progression  throughout  eighteen  districts,  but  as  no  moneys  had 
reached  the  supervisor's  hands,  the  whole  quota,  amounting  to  $38,814  87,  mav  be  accounted  outstanding. 

As  the  report  ot  the  commissioners,  who  were  appointedin  South  Caiolina,1ias  not  made  its  appearance,  the  col- 
lection ot  the  quota  of  that  State,  which  amounts  to  $112,997  73,  will  be  delayed  for  some  time  longer. 


1803.") 


THE    MINT. 


31 


The  circumstances  which  have  impeded  the  collection  are  numerous:  but.  as  they  have  been  very  frequently  the 
subject  of  discussion,  it  may  not  be  deemed  necessary  to  revert  to  all  of  them,  in  the  present  stage  of  the  busines'^ 
If  inaccuracies  are  observable  iii  any  of  the  tax  lists,  they  may  be  attributed,  in  a  great  degree,  to  a  want  of  attention 
among  the  land  holders,  to  the  provisions  and  injunctions  of  the  acts  of  Congress,"  which  authoriz.ed  the  valuations 
&c.;  and  no  adequate  remedy  can  now  be  had  for  tliis  evil.  ' 

Although  tlie  compensations  allowed  to  the  collectors  were  not  complained  of  in  the  populous  districts,  the  rates 
whicii  were  originally  establislied  were  too  low  for  the  newly  settled  parts  of  the  country,  and  especially  where 
there  are  large  bodies  of  unproductive  land  owned  by  non-residents.  As  the  i)rospect  of  an  indemnity  for  their  trou- 
ble and  expenses  was  not  flattering,  the  difticulty  of  obtaining  good  men  to  undertake  the  responsibility  of  collect- 
ing, &c.  in  such  cases,  was  very  much  increased:  and,  in  some  instances,  occasioned  considerable  delay.  In  some 
of  the  populous  districts  to  the  eastward,  where  theie  are  a  great  number  of  small  taxes  for  dwelliii"-  houses,  of  tlie 
first  and  second  classes,  and  small  lots  owned  and  occupied  by  indigent  person!^,  with  large  families,  atul  scarcely 
any  visible  property,  the  trouble  has  been  so  nuich  enhanced  as  to  occasion  a  temporary  suspension  of  the  collection 
in  some  instances. 

In  order  to  secure  to  individuals  an  opiwrtunity  of  investigating  the  dentands  of  collectors,  a  variety  of  measures 
were  sanctioned  by  the  act  of  Congress,  which  are  calculated  to  procrastinate  the  sales  of  property,  ami  collecticii  by 
other  compulsory  process;  but  a  circumstance  which  has  exceeded  all  others  in  delaying  the  completion  of  this  busi- 
ness, is  the  tedious  period  which  has  been  consumed  by  some  of  the  Boards  of  commissioners,  in  making  up  there- 
ports  upon  which  the  assessments  in  the  several  States  were  founded.  I  have,  however,  the  satisfaction  to  state 
that,  notwithstanding  the  extraordinary  difficulties  which  have  attended  the  sales  of  land,  for  unpaid  taxes,  they  ap- 
pear to  have  gone  pretty  generally  into  ettect  in  Virginia;  and  as  the  same  objects  are  maturing  in  New  York,  and 
other  States,  I  trust  that  the  result  of  the  whole  business  will  be  ascertained  in  a  very  short  period. 

I  have  the  honor  to  be,  very  respectfully,  your  obedient  servant, 

WM.  MILLER,  Commisu'wner  of  the  Revenue. 
The  Honorable  the  Secretary  of  the  Treasury. 


7th  Congress.] 


No.  198. 


[2d   Session. 


Sir: 


MINT. 

COMMUNICATED  TO    THE  HOUSE    OF    REPRESENTATIVES,  MARCH  3,   1803. 

Treasurv  Department,  March  '2d,  J  803. 


I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  of  this  date,  accom- 
panied with  sundry  statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  ''An  act  establishing  a 
mint,  and  regulating  the  coins  of  the  United  States,"  passed  on  the  second  of  April,  179-3. 

I  have  the  honor  to  be,  very  respectfully,  sir,  youi-  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Beprescntatives. 


Treasury  Department,  Comptroller's  Office,  March  2d,  1803. 
Sir: 

The  statements  marked  A,  B,  C,  and  D,  which  are  herewith  laid  before  you.  have  been  prepared  pursuant  to 
the  seventh  section  of  an  act  of  Congress,  of  the  second  of  April,  179-2,  entitled  "An  act  establishing  a  mint,  and 
regulating  the  coins  of  the  United  States."  These  statements  contain  all  the  information  concerning  tlie  transac- 
tions of  the  mint,  which  the  settlements  made  at  the  treasury  enable  me  to  give. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant. 

G.  DUVALL. 
The  Hon.  Albert  Gallatin,  Esq. 

A. 

Statement  of  appropriations  made  by  law  for  the  Mint  establishment,  for  the  year  180-3,  tvith  the  amount  of  war- 
rants drawn  by  the  Secretary  of  the  Treasury  on  said  appropriations. 


Amount  of  warrants  drawn  on  the  Treasurer  in  favor  of 

the  mint,  for  the  services  for  the  year  1802,  *$37,037  72 

Balance  unexpended  on  1st  January,  1803,        29,535  49 


i|66,5(;3  21 


Balance  of  the  several  appropriations  for 
the  mint  establishment,  unexpended  on 
the  1st  January,  1802, 

Acts  respecting  the  mint,  dated  27th  May, 
1796,  and  24th  April,  1800: 

For  amount  of  cents  and  half  cents  paid 
into  the  treasury  in  the  year  1802, 

An  act  making  appropriations  for  the  sup- 
port of  Government,  for  the  year  1802, 
passed  1st  May,  1802. 


$41,187  21 


14,476  00 


10,900  00 


,563  21 


*This  sum  includes  a  warrant  for  §4,000,  drawn  in  January,  180:3,  which  is  accounted  for  by  the  treasurer  of  the  mint  in  180-2; 
the  unexpended  balance,  therefore,  exhibited  on  the  treasury  books,  is  $  33,535  49. 


A — Continued. 

Statement  of  appropriations  made  by  law  for  the  payment  of  the  salaries  of  the  officers  and  clerks  of  the  Mint,  for 

the  year  1802. 


Amount  of  warrants  drawn  on  the  Treasurer  of  the 
United  States,  for  the  salaries  of  the  officers  and 
clerks  of  the  mint,  for  the  year  1802,  $10,600  00 

Balance  unexpended  on  the  1st  January, 

1803,  .  -  ..  -  6  94 


10,606  94 


Balance  unexpended  on  the  1st  January,  1802,         $6  94 
An    act  making  appropriations  for  the  sup- 
port of    Government,    for  the   year    1802,    10,600  00 


S10.006  94 


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FINANCE. 


[1803. 


D. 

Summary  Statement  exhibiting  the  value  of  Coins  made  at  the  Mnt,  the  amount  of  disbursements  on  account  of 
orthe"ciinar^^^^^  //*e  amot^«<  retained  of  deposites,  and  the  amount  gainfd 


Value  of  sold,  silver,  and  copper  coins  made  at  the  mint,  to  the  31st  De- 
cember, 1801,  per  summary  statement,  marked  A,  accompanyine;  the 
Comptroller's  report  of  the  asd  March,  1802. 

Ditto,  of  gold  coins  made  from  the  1st  January  to  the  31st  December' 
1802,  per  statement  herewith,  marked  B,  .  .  ' 

Ditto,    or  silver  coins,         do.  do.        ..." 

Ditto,    of  copper  coins,       do.      marked  C,  .  ,  \ 

Total  value  of  gold,  silver,  and  copper  coins  made  to  the  31st  Dec.  1802, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  Decem- 
ber, 1801,  per  statement,  marked  E,  accompanying  the  Comptroller's 
report  of  the  22d  March,  1802,    . 

Deduct  the  following  sums,  viz. 

This  sum,  being  the^  cost  and  charges  of  copper,  included  in  statement 
niarked  B,  accompanymg  the  Comptroller's  report  of  the  30th  January, 

This  sum,  do.  do.  included  in  statement  marked  A,  ac- 

companying the  Comptroller's  report  of  the  25th  April,  1800, 

This  sum,  do.  do.  included  in  statement  marked  B,  ac- 

companying the  said  report  of  the  25th  April,  1800, 

This  sum,  do.  do.  included  in  statement  marked  E,  ac- 

companying the  Comptroller's  report  of  the  22d  March,  1802, 

.  Amount  of  copper, 

1  his  sum,  being  the  amount  of  wastage  on  the  coinage  of  gold  and  silver 
Irom  the  commencement  of  the  institution  to  the  31st  December,  1801 
per  former  statements  transmitted, 


Jldd  the  following  sums,  viz. 

This  sum,  being  the  amount  gained  on  the  coinage  of  copper,  per  statement 
marked  L,  accompanying  the  Comptroller's  report  of  the  22d  March, 
1802,  •  .  , 

This  sum,  beingthe  amount  retained  of  deposites,  from'the  commencement 
of  the  institution  to  the  31st  December,  1801,  per  former  statements 
transmitted,  . 

Amount  charged  for  the  support  of  the  establishment  to  31st  December, 

Amount  charged  from  the  1st  January  to  the  31st  December,  1802  (exclu- 

^''"'    fi'n%?/ln!''°PP'''"''^'''^*^  amounts,  for  the  year,  1802,  to  the 
sumof$20,344  79)perstatementherewith,  marked  A, 
Amount  of  wastage  to  the  3lst  December,  1801,  as  above 

ed  B*  herewUh**  '^'"'"^'"^  *"  ^^'^  December,  1802,  per  statement  mark- 

■n  J     wu-  L  •       .  Total  amount  of  wastage, 

1801   asMwe  amount  retained  of  deposites  to  31st  December. 

°'"802'^&c'"'"'''^^*^'"''''  '^'^ '''""'  ''^'""'  '^^""'''■^  ^'^  ^°  December  31st; 

Total  amount  retained, 

'^"Oecembej  "ffiof  wif  1!'"^'  ^"?^  '"'='"'^'"°  ^'^^  ^"^^  of  copper  to  the  31st 
arroZt  off  1  hfS  •  K '''"?r  *''  *^  ^^PP^^ars  above,  to  $99,294  88)  on 
to  the"3 1^1  SireS r!'l8oT  ''''  ~ncement  of  the  institution 

From  the  above  deduct  the  gain  on  copper  coinage,  from  the  commence- 
eT C,  herS;  "''""  !"  ""'  '''!  ^'^^""'^'^'■'  '^^''  ^'^  ^tafenieTmark- 

^"be^lSolTncludrnftfp  nLf 'J'l  f  ^f'-f?'^  ^"PP^"-'  *«  ^^^  31st  Decem- 
Der,  180J,  including  the  cost  of  lots,  buildings,  machinery,  &c. 


fi34,427  48 

7,110  22 

12,438  71 

45,318  47 


99,294  88 


12,503  03 


19,234  43 


2,149  98 


2,149  98 
185  92 


423,310  00 
58,343  00 
34,422  83 


296,957  10 


111,797  91 


185,159  19 


21,384  41 


12,503  03 

1,836  97 


14.340  00 


2,335  90 


$3,045,091  94 


516,075  83 


3,561,167  77 


206,543  60 


17,462  65 


12,004  70 


236,010  95 
25,369  30 


210,641   65 


1803.]  THE   SINKING    FUND.  37 


7th  Congress.]  No.   199.  [2cl  Session. 


SINKING   FUND. 

COMMUNICATED   TO    THE    IIOI'SE   OF   REPRESENTATIVES,   MARCH    3,    1803. 

Mr.  Randolph  made  the  following  report: 

The  Committee  of  Ways  anil  Means,  to  whom  it  was  yesterday  referred,  by  a  resolution  of  this  House,  to 
inquire  and  report  "  whether  the  commissioners  of  the  sinking  fund  have,  agreeably  to  the  act  'making  provision 
for  the  redemption  of  the  whole  of  the  public  debt  of  the  United  States,'  applied  the  sum  of  $7,300,000  to  tlie  pay- 
ment of  the  principal  and  interest  of  the  public  debt.^  And,  also,  generally  to  inquire  into  the  accounts  and  proceed- 
ings of  the  commissioners  of  the  sinking  fund;"  have,  according  to  order,  proceeded  therein,  and  beg  leave  to 
report: 

That,  pursuant  to  the  directions  of  the  committee,  a  letter  was  written  and  addressed,  by  the  chairman  of  the 
committee,  to  the  Secretary  of  the  Treasury,  covering  a  copy  of  the  resolution  of  the  House;  and,  also,  a  statement 
of  queries  thereon,  to  which  tiie  answer  of  the  Secretary  was  required:  and  that,  to  his  answer,  which,  together  with 
sundry  explanatory  docimients,  is  annexed  to  this  report,  the  committee  beg  leave  to  refer,  and  request  that  it  may 
be  considered  as  part  of  their  report. 

March  ^d,  1803,  at  half  past  6  o'clock,  P.  M. 

Sir: 

The  enclosed  resolution  this  day  passed  the  House  of  Representatives.  The  annexed  paper,  marked  A  1, 
contains  the  objections  stated  by  the  mover  of  the  resolution,  to  which  you  are  requested,  if  practicable,  to  return  an 
answer,  previous  to  the  dissolution  of  Congress.  It  may  be  necessary  to  remark,  that  the  objections  to  the  report  of 
the  commissioners  of  the  sinking  fund  consistedprincipally  of  a  supposed  variance  between  the  statements  contained 
in  that  report,  and  those  submitted  by  the  Secretary  of  the  Treasury,  at  the  last  session  of  Congress,  and  a  denial  tliat 
the  sum  appropriated,  by  the  law  of  the  last  session,  [$7,300,000]  liad  been  applied  agreeably  to  the  provisions  of 
the  act;  and  that  the  sum  disbursed  bj;  the  treasury,  on  account  of  the  public  debt,  has  not  been  fully  accounted  for; 
an  unaccounted  balance  remaining  of  $114,839  44:  moreover,  that  the  sum  of  5,914,000  guilders  is  upon  estimate. 

With  perfect  esteem,  I  have  the  honor  to  be,  yours, 

JOHN  RANDOLPH. 

Albert  Gallatin,  Secretary  of  the  Treasury. 


In  the  House  of  Representatives  of  the  United  States, 

Tf-'ednesday,  the  id  of  March,  1803. 
On  motion, 
Resolved,  that  the  Committee  of  Ways  and  Means  be  directed  to  inquire  whether  the  commissioners  of  the 
sinking  fund  have,  agreeably  to  the  directions  of  the  act,  entitled,  '*  An  act  making  provision  for  tiie  redemption  of 
the  whole  of  the  public  debt  of  the  United  States,"  applied  the  sum  of  seven  millions  three  hundred  thousand  dol- 
lars, provided  by  the  same,  to  the  payment  of  the  principal  and  interest  of  the  public  debt;  and  to  inquire,  generally, 
into  the  accounts  and  proceedings  of  the  commissioners  of  the  sinking  fund,  and  to  report  to  the  House. 

Extract  from  the  Journal. 
WILLIAM  LAMBERT,  for  JOHN  BECKLEY,  Clerk. 

A  1. 

1.  Have  the  commissioners  of  the  sinking  fund  applied  the  sum  of  $7,300,000  to  the  payment  of  the  public  debt, 
in  the  year  1802.?  If  they  have  not  applied  it,  why  has  it  not  been  done."' 

2.  What  was  the  true  amount  of  interest  on  the  public  debt  for  1802.?  And  is  the  sum  of  $4,065,738  47  that  true 
amount.-'   A  detailed  account  is  requested. 

3.  What  have  been  the  actual  remittances  to  Holland,  during  the  year  1802?  A  detailed  account  of  all  the  bills, 
contracts,  &c.  is  requested,  with  the  names  of  the  persons  with  whom  contracts  have  been  made,  and  from  whom 
bills  have  been  purchased,  with  the  price  paid? 

4.  If  the  contracts  and  bills  do  not  cover  all  the  balance  in  the  hands  of  the  commissioners,  an  account  of  the 
remainder  is  requested,  with  the  names  of  the  persons  in  whose  hands  the  same  remains,  with  the  particular  sums 
held  by  each  person. 

5.  What  were  the  sums  disbursed  from  the  treasury,  on  account  of  the  domestic  debt,  between  1st  of  October, 
1801,  and  1st  of  January,  1802;  and  what  were  the  sums  disbursed  for  the  same  account,  between  October  1,  1802, 
and  January  1.  1803? 

6.  In  the  treasury  report  of  December,  1801,  in  table  P,  the  interest  of  foreign  debts,  for  1802,  is  said  to  be 
$476,931:  in  table  R,  the  interest  is  said  to  be,  guilders,  1,145,250:  from  whence  arises  the  diftijrence?  How  is  the 
interest,  stated  in  table  P,  made  up? 

7.  An  account  of  the  remittance  forwarded  to  Holland,  or  purchased  in  1803,  is  requested,  if  convenient;  the 
account  to  be  in  detail:  and  likewise  such  other  information  as  the  Secretary  of  the  Treasury  may  think  will  eluci- 
date the  transactions  of  the  commissioners. 


Treasury  Department,  March  3d,  1803. 

Sir: 

I  had  the  honor  to  receive,  last  night,  at  seven  o'clock,  your  letter  of  the  same  day,  enclosing  a  resolution  ol 
the  House,  in  relation  to  the  accounts  of  the  sinking  fund,  and  certain  inquiries  proposed  on  that  subject  by  the  mover 
of  the  resolution. 

Although  I  may  give  information  sufficient  to  come  within  the  meaning  of  the  resolution,  and  to  elucidate  the 
transactions  of  the  commissioners,  time  will  not,  perhaps,  permit,  to  procure  all  the  detailed  accounts  specified  in  the 
inquiries:  all  that  can  be  examined  and  transcribed  in  the  course  of  the  day  shall  be  transmitted. 

I  must  premise,  that  I  had  received  yesterday,  from  the  Register  of  the  treasury,  a  letter,  hereunto  annexed,  A  2, 
accompanying  an  official  statement  B,  of  all  the  warrants  drawn  on  the  Treasuier,  during  the  year  1802,  on  account 
of  the  public  debt,  and  amounting  (after  deducting  119,592  dollars  and  78  cents,  repayments  on  account  ol  the 
Dutch  debt)  to  $9,333,407  40.  This  sum  is  $39,344  88  less  than  the  sum  of  $9,372,752  28,  which  is  stated,  in  the 
report  of  the  Secretary  of  the  Treasury  to  the  commissioners  of  the  sinking  fund,  to  have  been  disbursed  on  that 
account,  during  that  year. 

This  error  arose,  as  stated  by  the  Register,  from  the  necessity  of  making  the  report  of  all  the  transactions  of  the 
year  1802,  in  the  first  week  of  February,  1803,  and  before  the  books  of  tiie  treasury,  for  the  last  quarter  of  that  year, 
could  be  posted  up. 

6  tt 


gg  FINANCE.  [1803. 


The  difference  resulting  from  the  correction  consists  in  that  the  disbursements  out  of  the  treasury,  during  the 
vear  180"  were  on  accounf  of  the  reimbursement  and  interest  of  the  domestic  debt,  $4,618,031  39;  and  on  account 
of  the  Du'tch  debt,  3.-210,399  -25;  instead  of  being  $4,651,699  61  and  $3,243,065  91,  as  stated  ni  the  report;  and  in 
that  the  pavmeut  in  advance,  and  on  account  of  the  annual  appropriation  of  1803,  was  only  $745,807  40,  instead  of 


.1785, 15-2  28,  as  stated  in  the  report 

The  objects  of  the  present  inquiry  seem  to  be, 

I.  An  elucidatii) 
on  the  18th  l)ecemb 
resolution  refei 


in  of  certain  variations  between  the  report  to  the  commissioners  of  the  sinking  fund,  and  that  made 
ler,  1801,  to  Congress;  to  which  it  is  presumed  that  the  2d  and  6th  inquiries  of  the  mover  of  the 

In  the  staten'ient  P,  annexed  to  the  report  of  the  18th  December,  1801,  the  interest  on  the  public  debt,  including 
the  annual  reimbursement  of  the  six  per  cent,  and  deferred  stocks,  is  stated  at  -  -  -  $5,228,034  67 

In  the  report  to  the  commissioners  of  the  sinking  tund,  the  interest  is  stated  at      -    4,065,738  57 
And  the  reimbursement  of  six  per  cent,  and  deferred  stocks,  -  -  ■■     1,117.869  37 

Making,  altogether, -  -  -     5,183,607  94 

The  difference  between  the  two  statements  is  -  -      .      -  -  -  -  -        $44,426  73 

Which  arises  from  the  three  following  items,  viz: 

1st  The  annual  interest  on  the  temporary  loans  obtained  from  tlie  Bank  of  the  United  States  is  stated,  in  the 
former  report,  at  $152,900;  but  one  million  two  hundred  and  ninety  thousand  dollars  of  tlie  principal  of  that  debt 
having  been  mid  to  the  bank,  on  the  30th  June  last,  the  interest  on  that  sum  ceased  after  that  day;  which  makes 
the  annual  interest  on  those  loans  $35,450  less  for  that  year,  and  reduces  that  item,  in  the  last  report,  to  $117,450, 
as  will  appear  by  the  annexed  statement  C;  which,  in  conformity  to  the  wishes  of  the  mover  of  the  resolution,  as 
expressed  in  his  second  inquiry,  gives  the  several  items  of  the  gross  amount  of  $4,065,738  57,  stated,  in  the  report  to 
the  commissioners  of  the  sinking  fund,  as  the  amount  of  interest  tor  1802. 

2d.  The  interest  due  for  1802,  on  the  foreign  debt,  is  stated,  in  the  report  of  the  18th  December, 
1801    at  ------------  $476,931 

And  in  the  report  to  the  commissioners  of  the  sinking  fund,  as  per  statement  C,  hereunto  annexed,  at        467,731 

Making  a  difference  of      ---------  -  ^^-^^Q 

In  both  statements,  the  interest,  properly  so  called,  is  the  same,  viz:  1,145,250  guilders,  equal,  at  40  cents  per 
guilder,  to  458,100  dollars;  but  the  difference  arises  from  the  items  of  commissions  and  gratitications. 

In  the  statement  of  December,  1801,  to  the  sum  of   -------  $458,100 

are  added  the  following  commissions,  viz: 

One  per  cent,  on  the  interest, equal  to  ------  -$4,581 

One  per  cent,  on  12,500  guilders,  gratifications  on  the  Dutch  loans,  payable  that  year,  125 
guilders,  equal  to  -  -  -  -  -  -  -  -  -  •  50 

One  per  cent,  on  3,550,000  guilders,  the  then  supposed  amount  ot  the  instalments,  falling 
due  during  1802.  in  Holland  and  Antwerp,  35,500  guilders,  ecjual  to  -  -  35,500 

18,831 


Making,  as  above  stated,  -....----  $476,931 

In  the  report  to  the  commissioners  of  the  sinking  fund,  to  the  said  sum  of       -  -  -  .  $458,100 

Ave  added  only  the  two  first  mentioned  commissions,  of       -----  -  4,631 

But,  on  tiie  other  hand,  the  gratification  of  12,500  guilders,  which,  in  the  report  of  December,  1801, 
is  consitlered  as  part  of  the  principal  of  the  debt,  and  not  included  in  tlie  interest,  is,  in  this  last 
report,  considered  as  part  ot  the  interest;  it  never  having  been  the  practice,  in  former  reports  of 
the  Board,  to  include  the  payments  of  those  gratifications  in  the  account  of  principal. 

This  item  is  equal  to  ---------  5,000 

Making,  altogether,  as  above  stated,  ...-----  $467,731 

The  reason  why  tlie  last  mentioned  commission  of  one  per  cent,  on  the  payment  of  instalments  of  the  principal, 
and  stated  in  tlie  report  of  the  18th  December,  1801,  as  above  mentioned,  at  35,000  guilders,  has  been  omitted  in  the 
report  to  the  commissioners  of  the  sinking  fund,  remains  to  be  explained. 

It  had  been  heretofore  supposed  atthe  treasury,  that  a  commission  of  one  per  cent,  was  charged  in  Holland,  by 
the  bankers  of  the  United  States,  on  the  payment  of  the  instalments  of  the  Dutch  debt;  and  it  is  so  stated  in  every 
official  report  of  tlie  Department  on  that  subject,  from  that  of  the  late  Secretary  of  the  Treasury,  presented  to  the 
House  o!i  the  4th  January,  1796,  to  that  of  the  Secretary,  of  the  18th  December,  1801.  An  inspection  of  the  accounts 
of  the  bankers,  and  the  knowledge  that  such  cliarges  were  not  usual  in  relation  to  loans  obtained  in  Holland,  have 
since  shown  that  that  opinion  was  erroneous,  and  the  item  is  therefiire  omitted  in  the  last  report. 

It  is  also  proper  here  to  observe,  though  noticed  neither  in  your  letter,  nor  in  tlie  enclosed  queries,  that  the  instal- 
ments, payable  in  1802,  had  heretofore  been  erroneously  supposed  to  amount  to  3,550,000  guilders,  as  stated  in  the 
report  of  4th  January,  1796,  and  in  that  of  18th  December,  1801,  (statement  R)  instead  of  3,360,000  guilders,  as 
stated  in  the  last  report  to  the  commisssioners  of  the  sinking  fund;  an  error  which  arose  from  a  supposition  that  the 
Antwerp  loan,  instead  of  being  payable,  as  is  the  case,  in  five  instalments,  of  410,000  guilders  each,  was  payable  in 
four  instalments,  the  three  first  of  600,000  guilders  eacli,  and  the  last  of  250,000  guilders. 

These  two  items,  viz: 

Difference  on  interest  on  domestic  loans,  ,...-.-_.        $35,450  00 

And  do.      on      do.      on  foreign  debt,  -..---..  9,200  00 

Make  an  aggregate  of        ---------  -  44,650  00 

3d.  l<'rom  which  must  be  deducted,  a  difference  between  the  two  statements,  in  relation  to  the  inte- 
rest due  on  account  of  the  domestic  debt,  and  explained  by  the  Register,  in  the  note  annexed  to 
statement  C,  amounting  to      --------  ■•-  223  27 


Leaving,  for  the  whole  difference,  as  above  stated,        ...---.         $44,426  73 

II.  It  is  asked,  why  the  sum  disbursed  by  the  treasury  has  not  been  fully  accounted  for.''  Why  the  sum  of 
5,914,000  guilders,  remitted  to  Holland,  beyond  the  amount  due  in  1802,  is  unon  estimate?  And  it  is  asked,  why- 
there  remains  a  supposed  unaccounted  balance  of  $114,839  44.^  As  tending  to  elucidate  that  part  of  the  inquiry,  the 
3d  and  4th  queries  of  the  mover  of  the  resolution  apply  for  statements  of  the  remittances  to  Holland,  and  of  the 
balances  which  may  remain  unexpendeil  in  the  hands  of  agents,  &c. 

From  these  objections  to  liie  report,  it  is  presumable  that  some  misconception  has  taken  place  in  relation  to  the 
mode  of  conducting  the  business  of  the  sinking  fund. 


1803.]  THE    SINKING  FUND.  3g 


The  commissioners  never  receive  any  public  moneys,  nor  are  they  accouiifable  for  the  sums  paid  out  of  the  trea- 
sury, on  account  ot  tlie  pubhc  debt:  the  |)ersons  wlio,  upon  the  warrants  of  the  Secretary  of  the  Treasury  receive 
such  sums,  are  immediately  charged  for  the  amount,  and  become  then  accountable  to  the  treasurv,  in  the  same 
manner  as  .all  other  receivers  ot  public  moneys. 

It  results  from  thence  that  the  disbursements  out  of  the  treasury  shew,  themselves,  in  what  manner  the  monev 
has  been  applied  by  the  commissioners  ot  the  sniking  fund;  and,  accordingly,  the  annexed  statement  B  e\liil)'ts  the 
advances  or  payments  made  by  tiiem,  or  rather  by  tiie  Secretary  of  the" 'JVeasury,  as  their  agent  durin"  tlie  vear 
1802,  and  shows  the  sums  paid  or  advanced,  the  dates  when,  the  persons  to  whom,  and  the  objects  for  vvhich  the 
payments  or  advances  have  been  made.     There  is  not,  and  cannot  be,  in  that  respect,  any  unaccounted  balance' 

As  to  the  ultimate  application  of  the  money,  by  the  persons  to  wlu.m  it  has  been  advanced,  it  cannot  be  ascer- 
tained with  precision,  until  their  accounts  sliall  have  been  rendered  and  settled  at  the  treasury:  and  it  is  evident 
that  neither  on  the  first  week  of  February,  1803,  nor  on  this  day,  can  the  accounts  of  persons  who  received  public 
moneys  in  the  course  ot  the  year  1803,  be  settled,  or  even  rendered. 

It  was  not,  therefore,  attempted,  in  tiie  report  to  the  commissioners  of  the  sinking  fund,  to  state,  with  precision 
an  account  ot  tiie  ultimate  application  of  the  moneys  paid  out  of  the  treasury  during  the  year  I8o-3  which  shoidd 
balance  the  aggregate  of  the  disbursements.  An  attempt  of  that  kind  was  impracticable,  for  want  of  niaterials  That 
it  was  not  intended,  is  evident  on  the  face  of  the  report  itself:  for  the  items  which  relate  to  that  ultimate  application 
are  not  added  together:  two  of  them  are  explicitly  stated  to  be  on  estimate;  it  is  as  explicitly  stated  tiiat  some  pro- 
tested bills  and  balances,  in  hands  of  agents,  are  not  included;  and  there  are  two  prominent  items  amongst  the 
disbursements,  viz:  "  to  toreign  officers,  and  in  payment  of  certain  parts  of  the  public  debt,"  which  are  not  rtwated 
amongst  the  items  relating  to  the  ultimate  application  of  tlie  money,  although  credit  would  have  been  taken  for  them 
had  it  been  intended  to  balance  the  account  of  disbursements  by  an  acc(mnt  of  their  ultimate  application.  ' 

The  report  exhibits  all  that  could  be  expected,  by  designating,  in  the  first  place,  the  several  general  objects  to 
which  the  disbursements  were  applicable  during  the  year  1803,  and  by  giving,  in  the  next  place,  the  estimated 
amount  of  remittances  to  Holland,  which  had  been  purchased  on  account  of  that  part  of  the  Dutch  debt  whicli  falls 
due  iluring  the  present  year.  If  this  last  amount  is  stated  only  as  an  estimute,  it  is  because,  as  has  alre.idy  been 
mentioned,  the  accounts  in  relation  thereto  being  only  rendered  in  part,  and  not  being  yet  settled  by  the  accounting 
officers  of  the  treasury,  any  calculations  taken  Iroin  the  auxiliary  books  or  registers  of  the  bills  purchased,  are  liable 
to  errors,  and  ought  not  to  be  reportetl  to  Congress  as  an  ascertained  amount. 

It  so  happens,  however,  that,  if  an  attempt  shall  be  made  to  strike  an  approximated  balance  between  the  account 
of  disbursements  and  that  of  the  applicatitm  of  the  money,  what  is  called  an  unaccounted  balance  will  disappear 
and  instead  of  it,  the  amount  paid  out  of  the  treasury  will  be  found  to  be  less  than  the  amount  applied,  includin'' 
balances  in  hands  of  agents,  and  the  estimated  unexpended  balance  of  bills  on  Holland:  which  shows  only  that  that 
balance  has  been  estimated  in  the  report  something  above,  and  not  below,  its  real  amount. 

1st.  The  disbursements  out  of  the  treasury,  on  account  of  the  interest  and  reimbursement  of  the  d(miestic  debt 

were  stated  in  the  report,  at         -  -  -  - $4,654,699  61 

But  on  account  ot  the  warrant  twice  included,  as  per  Register's  letter,  A  2,         -  -  .  sq  cjs  22 

Leaves,  for  the  true  amount,  ---..-...  $4,618,021  39 

The  objects  for  which  that  sum  was  advanced,  were, 
1.  On  account  of  interest  on  the  domestic  debt,  growing  due  in  1803.  as  per  statement  C,  3,480,557  57 
3.  On  acount  of  the  reimbursement  of  the  six  per  cent,  and  deferred  stock,  estimated 

per  do.  ------..-.      1,117,869  35 

4.598,426  92 
Leaving  a  balance  advanced, during  the  year  1802,  beyond  the  amount  payable  during 
the  same,  and  for  which  some  of  the  banks  or  commissioneis  of  loans  are  account- 
able, ---->......  19.594  47 


$4,618,021  39 


2d.  The  disbursements  on  account  of  the  interest  on  the  domestic  loans,  were      -  -  -      $162,035  00 

The  interest  actually  accrued  during  1802,  and  which  makes  part  of  the. imount  of  in- 
terest stated  in  the  report  to  the  commissioners  of  tiie  sinking  fund,  as  per  state- 
ment C,  was  only,       -------..         117,45000 

The  dirterence,  which  amounts  to  -----  .  -  44,575  00 


162,025  00 


Results  from  the  circumstance  of  the  interest  due  to  tlie  bank,  on  domestic  loans,  being  always  paid  after  it  has 
become  due.  Thus,  the  sum  of  $162,025,  disbursed  in  1802,  was  applied  to  the  payment  of  the  interest  which  accrued 
on  domestic  loans,  from  the  1st  of  July,  1801,  to  the  30tli  June,  1802;  and  not  to  the  payment  of  the  interest  which 
accrued  from  1st  January  to  31st  December,  1802. 

3d.  The  payments  to  foreign  officers,  and  for  certain  parts  of  the  domestic  debt,  being  charged  in  the  amount  of 
disbursements,  ought  to  be  credited  in  the  account  of  the  application  of  those  disbursements. 

Those  two  items  amount  to,  -  -  -  -  -  -  -  -  -  .        $32,961  76 


If,  therefore,  there  is  an  apparent  unaccounted  balance  in  tlie  report  to  the  commissioners  of  the  sink- 
ing fund,  of      ---------...       $114,83944 

As  stilted  in  your  letter,  the  error  stated  by  the  Register,  .---..  39,34488 


Must,  in  the  first  place,  be  deducted,  which  will  leave,  ---...  75.494  56 

For  the  amount  of  that  supposed  balance;  and  the  above  stated  items  are  fair  oft'sets  against  it,  viz: 

1st.  Advanced  on  account  of  domestic  debt,  beyond  the  interest  and  reimbursement  of 

the  year  1802,  ---.......  19,594  47 

2d.  Paid  on  account  of  the  interest  on  domestic  loans  beyond  the  amount  which  ac- 
crued during  1802,       -----....  44,57500 

3d.  Paid  to  foreign  otlicers,  and  for  certain  parts  of  the  domestic  debt,  -  -  22,961  76 


Making,  altogether,  ------..  87,131  23 

An  aggregate  which  exceeds,  by         ---.--..  11,636  67 

$87,131  23 


The  above  stated  supposed  unaccounted  balance,  and  shews  that  such  balance  does  not  exist:  but  that,  on  the  con- 
trary, the  estimate  ot  unapplied  bills  on  Holland  errs  in  having  made  that  .amount  too  large'.  Whether  that  error 
consists  in  having  blended,  amongst  the  bills  purchased  in  1802,  some  which  were  actuallv  purchased  in  1801,  or  from 
some  mistake  ol  the  clerk  in  entering  the  amount  of  bills  purchased,  or  from  having 'entered  as  purchased,  bills 


4d 


FINANCE.  [180J 


which  are,  by  contract,  to  be  paid  for  only  when  they  shall  have  been  honored,  or  from  any  other  cause,  cannot,  I 
apprehend  be  ascertained,  until  the  accounts  of  the  purchases  shall  have  been  regularly  settled,  by  which  means 
alone  can  every  error  be  checked  and  discovered.  It  was  because  it  was  known  that  an  account,  given  at  present, 
was  liable  to  be  affected  by  all  those  several  sources  of  error,  that  it  was  presented  as  an  estimate.  If  it  shall  be 
found  practicable  to  form  and  transcribe,  in  ihe  course  of  the  day,  a  more  correct  detailed  account  from  the  docu- 
ments in  this  office,  it  sliall  be  forwarded;  but  it  is  doubted  whether  it  can  be  done;  and,  if  done,  I  must  beg  leave 
to  repeat,  that  it  must  still  be  considered  as  an  estimate  and  a  sketch,  and  not  as  an  ascertained  account.  In  the 
mean  while,  it  is  proper  to  state,  that  no  alteration  in  tliat  estimate  can  change  any  general  result;  that  every  person 
who  has  leceived  money  on  that  account  from  the  treasury,  has  been  charged,  and  is  held  accountable  for  it,  and 
that  the  error  in  the  estimate  consists  in  nothing  more  than  in  exhibiting  a  larger  amount  of  bills  than  has  been  paid 
for  by  the  United  States.  ,-•,.•         r    ■ 

Leavin"  those  uninteresting  and  immaterial  details,  I  proceed  to  what  seems  to  be  the  principal  object  ot  the 

resolution  of  the  House. 

III.  It  is  asked  whether  the  commissioners  of  the  sinking  fund  have  applied  the  sum  of  7,300,000  dollars,  to  the  pay- 
ment of  the  public  debt,  in  1802,  in  conformity  to  the  act  making  provision  for  the  redemption  of  the  whole  ot  the 
public  debt  of  the  United  States?  .     ,      ,  ,     ,.      •  ,  ,.  ^    , 

Although  it  be  difficult  to  understand  precisely  the  supposed  objection  to  the  proceedings  ot  the  commissioners 
of  the  sinkiii"  fund,  whicli  has  given  rise  to  this  inquiry,  yet,  as  the  report  to  the  commissioners  exhibits,  after 
deducting  the'aiiiount  lately  corrected  by  the  Register,  an  application  of  9,333,407  dollars  and  40  cents — of  which 
sum  1  287,600  dollars  were  paid  out  of  the  proceeds  of  the  sales  of  bank  stock,  and  the  remaining  8,045,807  dollars 
and  '40'cen'ts,  out  of  the  other  funds  vested  in  the  sinking  fund — it  is  presumed  that  the  objection  goes  to  the  mode 
of  application,  and  not  to  the  sum  applied;  and  I  cannot  find  what  that  can  be,  unless,  by  the  words  "  payment  of 
the  public  debt  in  the  year  1802,"  it  be  meant  that  the  commissioners  of  the  sinking  fund  were  bound  by  the  law  to 
extinguish,  during  the  year  1802,  so  much  of  the  principal  of  the  public  debt,  due  that  year,  as,  together  with  the 
interest  accruing  "during  that  year,  would  amount  to  7,300,000  dollars;  and  that  an  application  of  part  of  the 
7,300,000  dollars  to  the  making  provision  for  the  payment  of  a  debt,  falling  due  after  the  31st  December,  1802,  was 
not  to  be  considered  as  a  part  ol  the  said  legal  payment  of  7,300,000  dollars. 

The  objection  does  not  apply  to  the  actual  payments  made  by  the  commissioners;  nor  is  it  supported  by  any  part 

of  the  law.  ...  ^  .        ,  1  ^        • 

It  does  not  apply  to  the  payments  made  by  the  commissioners  in  1802:  tor,  supposing  the  assumed  construction 

of  the  law  to  be  correct,  it  is,  nevertheless,  true,  that  the  commissioners  of  the  sinking  fund  have,  during  the  year 

1802,  paid  more  than  7,300,000  dollars,  falling  due  during  that  year. 
Those  payments  consist  of  the  following  items,  viz: 

1.  Interest  accrued  during  the  year  1802,  -------         $4,065,73347 

2.  Instalments  of  the  Dutch  debt,  wiiich  fall  due  during  that  year.        -  -  -  -  1,344,000  00 

3.  Reimbursement  of  six  per  cent,  and  deferred  stocks,  -  -  -  -  -  -  1,117,869  37 

4.  Payment  to  foreign  officers,  and  for  certain  parts  of  the  domestic  debt,         -  -  -  22,96176 

5.  Payment  on  account  of  the  principal  of  the  temporary  loans  due  to  the  bank.  -  -  1,290,000  00 

Amounting,  altogether,  to        --------  -        $7,840,569  60 

Perhaps  it  may,  in  the  spirit  of  the  objection,  be  insisted  that  the  payment  of  1,117,689  dollars  and  37  cents, 
being  the  reimbursement  of  the  six  per  cent,  and  deferred  stocks,  which  fall  due  on  the  1st  day  of  January,  1803, 
cannot  be  considered  as  the  extinguishment  of  a  debt  actually  due  in  1802.  But,  on  that  supposition,  credit  must 
be  given  for  the  payment  of  a  similar  reimbursement,  which  took  place  on  the  1st  day  of  January,  1802,  and  which, 
in  me  report  of  the  Secretary,  to  the  commissioners  of  the  sinking  fund,  is  credited  to  the  account  of  the  year  1801, 
because  it  was  paid  out  of  funds  accrued  during  1801;  in  the  same  manner  as  he  has  credited  the  payment  of  1st 
January,  1803,  to  the  year  1802,  because  it  was  paid  out  of  funds  accrued  during  the  year  1802.  But,  whether  he  was 
correct  or  not,  in  that  arrangement,  is  immaterial  in  the  present  question;  and  as  one  payment  was  made  on  the  1st 
January,  1802,  and  another  on  the  1st  January,  1803,  either  the  one  or  tlie  other  must  be  credited  to  the  account  of 
the  year  1802. 

Perhaps  it  may  also  be  said,  that  1,287,600  dollars  of  the  temporary  loans,  discharged  in  1802,  having  been  paid 
for  out  of  the  proceeds  of  the  sales  of  the  bank  shares,  (which,  in  the  report  of  the  Secretary  to  the  commissioners, 
are  stated  as  a  distinct  fund  from  the  annual  appropriation  of  7,300,000  dollars,)  cannot  properly  be  stated  as  a  pay- 
ment in  part  of  that  appropriation.  But  it  is  not  less  true,  that,  if  there  is  any  thing  in  the  law  which  binds  the  com- 
missioners to  pay  annually  7,300,000  dollars,  in  the  manner  contended  for,  there  is  certainly  nothing  which  compels 
them  to  make  that  payment  out  of  the  annual  appropriation  of  7,300,000  dollars,  or  out  of  any  other.  They  may  be 
bound  to  make  payments  to  a  certain  amount,  but  they  may  make  them  out  of  anv  funds  in  their  hands.  To  this 
may  be  added,  that  the  first  section  of  the  law  which  makes  the  appropriation,  includes  in  the  annual  appropriated 
sum  of  7,300,000  dollars,  the  moneys,  other  than  surplusses  of  revenue,  which  constitute  the  sinking  fund,  or  shall 
accrue  to  it  by  virtue  of  any  provisions  theretofore  made.  The  proceeds  of  the  bank  shares  accrued  to  the  sinking 
fund,  by  virtue  of  the  provisions  of  the  act  of  the  31st  day  of  May,  1796,  and  might,  therefore,  by  the  Secretary  of 
the  Treasury,  have  been  contemplated  and  stated  as  part  of  the  annual  appropriation  of  7,300,000  dollars.  But, 
considering  it  optional  with  him,  either  to  state  those  proceeds  in  that  way,  or,  under  the  proviso  of  the  3d  section  of 
the  act,  to'state  them  as  a  distinct  i'und,  he  chose  to  do  it  in  the  last  mentioned  manner,  in  order  to  give  the  greatest 
possible  efficacy  to  the  sinking  fund.  From  which  it  results,  that,  if  he  had  stated  those  proceeds  as  part  of  the 
annual  appropriation  of  7,300,000  dollars,  although  he  would  have,  by  that  mode,  actually  diminished  the  payments 
on  account  ot  the  public  debt,  by  a  sum  of  1,287,600  dollars;  yet,  he  would,  upon  the  construction  assumed  by  the 
objection,  have  paid  1,287,600  dollars  more,  on  account  of  the  public  debt  of  1802,  than  has  been  done  according  to 
the  mode  of  stating  the  accounts  which  he  has  adopted. 

But.  supposing  that  the  facts  supported  the  objection;  supposing  that  the  sales  of  bank  stock  had  not  taken  place, 
and  that  the  payment  of  the  debt  due  to  the  bank  had  not  been  made;  yet,  nothing  appears  in  the  law  which  can 
support  the  principle  assumed  by  that  objection. 

The  construction  which  is  insisted  upon  against  the  proceedings  of  the  commissioners,  is,  that  they  are  bound 
by  the  law  to  apply  annually  7,300,000  dollars,  and  that  that  application  must,  in  the  very  year  in  which  it  is  made, 
extinguish  a  debt  or  pay  an  interest  due  that  year,  excluding  from  what  is  thus  considered  as  a  legal  payment,  any 
payment  on  account  ot  a  debt  falling  due  after  that  year.  Neither  of  those  positions  appears  to  me  to  be  in  any 
degree  supported  by  any  part  of  the  law. 

The  first  section  of  the  law  makes  an  annual  appropriation  of  7,300,000  dollars. 

The  second  section  enjoins  it  as  a  positive  duty  on  the  Secretary  of  the  Treasury,  to  cause  to  be  paid,  annually, 
to  the  commissioners  of  the  sinking  fund,  the  said  sum  of  7,300,000  dollars,  thus  appropriated. 

The  third  section  directs  the  commissioners  to  pay,  every  year,  the  interest  accruing,  and  the  instalments  or  parts 
of  principal  falling  due  during  that  year,  and  then  proceeds  in  the  following  words:  "  And  also,  it  shall  be  the  duty 
of  the  said  commissioners,  to  cause  to  be  applied,  the  surplus  of  such  fund  as  may  at  any  time  exist,  after  satisfying 
the  purposes  aforesaid,  towards  the  furtheV  and  final  reclemption,  by  payment  or  purchase,  of  the  present  debt  of 
the  United  States,"  &c. 

There  is  nothing  there  whic!>  binds  the  commissioners,  after  they  have  satisfied  the  purposes  aforesaid,  that  is  to 
say,  after  they  have  paid  the  interest  and  principal  falling  due  in  any  one  year,  to  apply  the  remainder  or  surplus  of 
the  7,300,000  dollai's,  if  any,  during  the  course  of  the  same  year. 

Provided  that  the  Secretary  had  placed  at  their  disposition,  in  due  time,  the  funds  necessary  to  meet  the  instal- 
ments and  interest  due  in  the  year,  it  would  be  a  good  execution  of  the  law  if  he  paid  to  them  the  remainder  of  the 


1803.]  THE  SINKING   FUND.  4j 


appropriation  on  the  last  day  of  the  year;  in  which  case  it  would  be  impossible  for  them  to  apply  that  remainder  till 
the  ensuing  year. 

That  act,  in  fact,  as  well  as  all  tlie  preceding  laws  on  that  subject,  places  a  discretionary  power  in  the  commis- 
sioners, both  as  to  time  and  manner,  for  any  payment  other  than  those  which  fall  due  in  the  year,  and  which  must 
at  all  events  be  made;  and  the  proviso  of  the  first  section  actually  contemplates  the  case  of  the  money  remaining 
unexpended  for  six  months  after  the  end  of  the  calendar  year,  to  which  the  annual  appropriation  refers,  and  provides 
that,  under  certain  circumstances,  such  surplus  shall  cease  to  be  at  the  disposition  of  the  commissioners. 

In  the  present  instance,  however,  it  is,  on  the  part  of  the  Secretary  of  the  Treasury,  contended,  that  more  than 
7,300,000  dollars,  have,  exclusively  of  the  payment  to  the  bank,  been  applied,  during  the  year  1802,  towards  the  fur- 
ther redemption  by  payment  of  the  debt  of  the  United  States;  and  that,  after  having  paid  die  interest  and  instalments 
which  tell  due  during  that  year,  the  purchase  of  about  three  millions  and  a  half  ot  guilders,  remitted  to  Holland. 
towards  the  payment  of  the  Dutch  debt, falling  due  next  year,  was  a  faithful,  legal,  and;proper  execution  of  the  law*. 
It  is  difficult  to  prove  a  negative;  in  this  case  the  law  is  silent  as  to  the  species  of  debt,  and  the  time  and  manner 
of  applying  the  surplus  moneys:  there  is  nothing  which  excludes  iiom  the  meaning  of  the  law  an  application  in  the 
year,  whicn  will  produce  a  payment  in  the  ensuing  year.  The  words,  "  by  payment  or  purchase,"  are,  accordin'' 
to  the  strict  sense  of  the  sentence,  connected  with  the  word  "  redemption:"  the  further  and  final  redemption  is  to  be 
effected  by  payment  or  purchase;  the  application  of  moneys  which  the  commissioners  may  legally  eftt-ct,  is  towards 
that  further  redemption;  the  subtlety  of  the  objection  seems  to  consist  in  making  the  words  "  by  payment,"  depend 
immediately  on  the  words  "  to  cause  to  be  applied;"  from  which  it  would  result,  that  the  application,  instead  of 
being,  as  expressed  by  the  law,  toivards  a  redemption,  which  redemption  must,  when  effected,  be  effected  by  pay- 
ment or  purchase,  would  be  confined  to  an  immediate  payment;  and  as  the  purchase  of  bills  is  not  an  immediate 
payment,  but  a  provision  towards  a  future  payment,  such  purchases  would  be  excluded  from  that  authorization  in 
the  law.  Not  only  that  construction  is  not  justified  by  the  strict  sense  of  the  words,  as  connected  in  the  sentence, 
but,  if  it  was  adopted,  it  must  follow  that  there  did  not  exist,  nor  ever  had  existed,  (for  the  phraseology  of  this 
sentence  is  transcribed  from  preceding  laws)  any  authority  whatever,  in  the  commissioners  of  the  sinking  fund  to 
provide,  in  time,  for  the  payment  of  the  Dutch  debt.  They  must,  according  to  that  new  construction,  be  bound'  in 
the  application  of  the  surplus  of  the  fund  to  an  immediate  payment,  and  not  be  permitted  to  purchase  remittances 
for  the  purpose  of  making  a  payment  the  ensuing  year.  For  this  is  the  only  clause  which  authorizes  the  commis- 
sioners to  make  any  payment,  other  than  for  the  payment  of  interest  and  principal  falling  due  that  year;  and  if  it 
forbids  them  to  make  the  purchase  of  bills  under  the  appropriation  of  7,300,000  dollars,  it  forbids  them  altogether, 
there  being  no  words  in  the  clause  limiting  its  effect  to  tliat  appropriation. 

It  is  hardly  necessary  to  dwell  any  longer  on  the  manifold  absurdities  which  must  flow  from  this  assumed  con- 
struction, an(l  indeed  I  have  no  time  left  tor  any  further  observations.  Yet  I  would  remark,  that,  when  the  act 
passed,  such  an  applicatiim  was  contemplated,  and  that  it  was  stated,  explicitly,  that  it  was  necessary  to  provide  for 
the  payments  due  in  Holland,  at  least  six  months  before  they  became  due.  The  statement  S,  annexed  to  the  report 
of  the  18th  December,  1801.  and  which  exhibited  the  effect  of  an  annual  appropriation  of  7,300,000  dollars  on  the 
debt,  was  actually  predicated  on  that  supposition. 

Permit  me  to  add,  that  the  demands  in  Holland  were  so  considerable,  and  the  difficulties  apprehended  in  pro- 
curing the  sufficient  remittances  so  alarming,  that  it  is  confidently  believed  that  no  application  of  the  surplus  moneys 
of  the  sinking  fund  could  have  been  more  beneficial  to  the  true  interests  of  the  United  States,  than  the  purchases 
of  remittances  which  have  been  made.  The  whole  of  what  was  payable  in  1803,  which  was  the  heaviest  year,  has 
been  remitted,  without  re-loan,  and  without  the  employmentof  an  agent  abroad;  and  being  now  so  much  before  hand 
I  apprehend  no  longer  any  difficulties  in  procuring,  at  a  reascmable  rate,  the  remittances  which  shall  be  wanted  for 
meeting  the  payments  of  the  following  years. 

It  has  been  impossible  to  transcribe  the  detailed  accounts  which  were  required;  but  I  enclose  an  account  D,  of 
the  purchases  matie  in  1801  and  180-2,  on  account  of  the  Dutch  debt,  showing  the  prices  paid  in  1802,  and  the 
amount  of  remittances  purchased  before  the  1st  January,  1803,  applicable  to  the  payment  of  this  year.  This  must 
still  be  considered  as  an  estimate,  though  more  correct  than  that  of  the  report  to  the  commissioners  of  the  sinking  fund. 
I  regret  the  late  hour  at  wliich  the  resolution  was  introduced,  for  no  other  reason  than  because  it  prevents  my 
furnishing  the  more  detailed  account  which  the  mover  was  desirous  of  obtaining.  But  I  trust  that  all  the  informa 
tion  which  was  substantially  necessary  to  meet  the  object  of  the  resolution,  has  been  given;  and  I  must  rely  on  the 
indulgence  of  the  committee  for  the  many  imperfections  which  must  be  attached  to  this  hasty  communication. 
I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Honorable  John  Randolph,  Esq. 

Chairman  of  the  Committee  of  Ways  and  Means. 

A  2. 

Treasury  Department,  Register's  Office,  March  2d,  1803. 
Sir: 

I  do  myself  the  honor  of  transmitting  an  official  statement  of  the  several  warrants  drawn,  according  to  law, 
upon  the  Treasurer  of  the  United  States,  during  the  year  1802;  that  is  to  say: 

1st.  Warrants  for  the  payment  of  moneys  on  account  of  the  reimbursement  and  interest  of  the 

domestic  debt,  amounting  to           --------            -  $4,618,021  39 

2d.  Warrants  on  account  of  the  repayment  of  principal  of  moneys,  borrowed  of  the  Bank  of  the 

United  States,          --....---....  1,290,000  00 

3d.  W^arrants  on  account  of  the  payment  of  interest  on  the  domestic  loans,             .            .            .  162,025  00 
4th.  Warrants  on  account  of  the  reimbursement  of  capital,  and  interest  of  the  Dutch  debt,  after 

deducting  repayments  into  the  treasury,     --------  3,240,399  25 

5th.  Warrants  on  account  of  debts  due  to  foreign  officers,     ---...  7,994  92 

6th.  Warrants  on  account  of  certain  parts  of  the  domestic  debt,       -            -            .            .            .  14,966  84 


Amounting,  in  the  whole,  to  the  sum  of   -  -  -  -  -  -  -  -       S9,333,407  40 

The  amount  stated  to  have  been  paid  on  account  of  the  principal  and  interest  of  the  public  debt,  during  the  year 
1802,  as  per  printed  report  to  the  commissioners  of  the  sinking  fund,  page  6,  founded  on  aggregate  sums  which  I  had 
the  honor  of  transmitting  you,  was       -------..      $9,372,752  28 

The  actual  amount  paid,  was,  as  per  my  official  statement  herewith,  only  -  ••  -        9,333,407  40 

Variation,  -  -  .  .  $39,344  88 


FINANCE. 


[1803. 


This  variation  is  confined  to  two  items,  viz: 

Warrant  No.  3381,  for  the  sum  of        -,         -     ^      '     ,       '    ,      •"    ,        "    -,     '  "     r,'  $3,666  66 

This  was  taken  oft',  in  the  transcript  from  the  first  entry,  as  having  been  paid  on  account  ot  the 
Dutch  debt;  but.  since  posting  the  boolcs.  it  has  been  ascertained  it  was  for  a  remittance  on  ac- 
count of  prize  causes. 

Warrant  No.  3497,  dated  31st  December,  1802,  for  -        .-.-.-  -  -        .    -  36,678  23 

This  sum  was  added  twice,  by  mistake,  in  tlie  transcript  of  items  paid  on  account  of  the  reim- 
bursement of  principal  and  interest  of  the  domestic  debt,  and  arose  altogether  from  the  books  of 
the  treasury  not  benig  posted  up,  when  the  transcript  (to  ascertain  the  aggregate  amount)  was 
made  from  the  book  of  first  entries  in  the  Register's  office. 

As  above,  ....  $39,344  88 

As  it  may  be  expedient,  in  future,  to  accompany  the  annual  statements  of  the  sinking  fund  with  official  docu- 
ments, in  relation  to  the  disbursements  out  of  the  treasury,  on  account  (jf  the  principal  and  interest  of  the  public 
debt,  and  as  the  peiiod  now  fixed  by  law  may  be  considered  too  early  in  the  year  to  form  those  official  documents 
to  the  close  of  the  preceding  year,  with  all  possible  correctness,  I  would  beg  leave  to  submit  wliether  two  weeks 
later  in  the  session,  than  the  law  now  directs,  might  nol  be  a  regulation  wliich  would  be  found  convenient  to  the 
Treasury  Department. 

I  have  the  honor  to  be,  sir,  with  the  greatest  respect,  your  obedient  servant, 

JOSEPH  NOURSE,  Register. 

The  Honorable  Albert  Gallatin. 


B. 


List  of  IVarrants  draivn,  according  to  law^  during  the  year  1802,  on  the   Treasurer  of  the   United  States,   on 
account  of  the  Reimbursement  and  Interest  of  the  Domestic  Debt. 


No.  of 

Warrant. 


2585 

2595 

2624 

2661 

2662 

2663 

2678 

2693 

2694 

2695 

2696 

2697 

2705 

2706 

2709 

2716 

3727 

2728 

2730 

2731 

2858 

2865 

2866 

2894 

2951 

2952 

2965 

2960 

2968 

2969 

2978 

2979 

2980 

2981 

2982 

2999 

3000 

3024 

3033 

3039 

3042 

3043 

3172 

3173 

3176 

3177 

3231 

3242 

3243 

3244 

3245 

3246 

3247 

3248 

3249 

3250 

3251 

3252 


Date 


January 

a' 

February 
Marcli 


April 


May 


June 


18,  1802. 
22       " 
30,'      " 
26,      " 


4, 
9, 


16, 


n. 

22 

25, 

26, 

(,  i 

ii. 

17, 

19, 

4to 

37, 

11, 

k  L 

18, 

bC 

31, 

a 

4, 

(.i 

9, 


July 


August 
September 


21, 
24, 
36, 

28, 

-,1, 

26, 

a 
a 

30, 

44 
44 

33, 

(4 

3, 

44 

In  whose  favor. 


Jabez  Bowen, 
James  Davidson, 

Do. 
James  Alger, 
Jolin  Neufville, 
Sherwood  Haywood,  - 
James  Davidson, 
William  Gardner, 
Thomas  Perkins, 
Jabez  Bowen, 
William  Imlay, 
John  Hopkins, 
James  Nicholson, 
James  Ewing, 
James  Alger, 
Benjamin  Harwood,  - 
Stephen  Moylan, 
John  Stockton, 
George  Simpson, 
James  Davidson, 
Jabez  Bowen, 
James  Davidson, 

Do. 

1)(!. 

Do. 

Do. 

Do.      • '  '         - 

Do. 

Sherwood  Haywood,  - 
John  Neufville, 
Williaiu  Gardner, 
Thomas  Perkins, 
Jabez  Bowen, 
William  Imlay, 
John  Hopkins, 
James  Nicholson, 
James  Ewing, 
Benjamin  Harwood,  - 
Stephen  Moylan, 
John  Stockton, 
George  Simpson, 
James  Davidson, 

Do. 

Do. 

Do.  ..      ■ 

Do. 

Do. 
William  Gardner, 
Thomas  Perkins, 
Jabez  Bowen, 
William  Imlay, 
James  Nicholson, 
James  Ewing, 
Stephen  Moylan, 
Joiiii  Stockton, 
Benjamin  Harwood, 
John  Hopkins, 
Sherwood  Haywood, 


.  .  i.:  ;^    (■- 


-  v 


Sums. 


$900  00 

3,349  27 

3,523  37 

1,600  00 

38,600  00 

1,000  00 

10,859  28 

6,100  00 

154,000  00 

11,350  00 

22,300  00 

12,000  00 

154,000  00 

6,400  00 

1,500  00 

13,764  92 

152,577  95 

2,300  00 

301,118  44 

48,578  50 

700  00 

2,191   97 

1,597  82 

3,666  53 

147  91 

1,737  01 

779  36 

8,840  29 

1,000  00 

35,500  00 

6,100  00 

154,000  no 

12.100  00 

31,800  00 

13,000  00 

158,000  00 

6,650  00 

13,353  65 

159,234  37 

2,509  94 

296,953  22 

46,266  45 

1,280  48 

4,867  74 

1,170  94 

619  64 

3.572  61 

6,100  00 

154,000  00 

12,100  00 

21,800  00 

158,000  00 

6.650  00 

159,234  37 

2,509  94 

12,353  65 

12,000  00 

1.000  00 


1803.] 


THE    SINKING    FUND. 


43 


B — Continued. 


No.  of 
Warrant. 


3253 
3254 
3258 
3271 
3273 
3274 
3281 
3282 
3323 
3424 
3425 
3426 
3438 
3443 
3444 
3445 
3466 
3469 
3470 
3471 
3472 
3478 
3481 
3482 
3488 
3489 
3496 
3497 
3534 
2729 

3041 
3280 
3495 
3492 
3493 
3494 


Date. 


September    2,  1802. 

"  3,      •' 

"  20,      " 

23,       '• 


October         1, 
November  12, 


In  whose  favor. 


December 


20, 
24, 

ki 

b  W 

8, 
9, 

in. 

ii 

a 

20, 

Marcli 


24, 

27, 
28, 

31, 

26, 


June  28, 

September  27, 
December  28, 


John  Neufville, 
James  Alger, 
James  Davidson, 
William  Gardner, 
Steplien  Moylan, 
James  Davidson, 

Do. 
George  Simpson, 

Do. 
James  Davidson, 

Do. 
William  Imlay, 
James  Davidson, 
Sherwood  Haywood,  - 
John  Neufville, 
James  Alger, 
John  Hopkins, 
William  Inday, 
William  Gardner, 
Thomas  Perkins, 
Jabez  Bowen, 
James  Nicholson, 
Benjamin  Harwood,  - 
James  Ewing, 
John  Stockton, 
Stephen  Moylan. 
James  Davitlson, 
George  .Simpson, 
James  Ewing. 
Thomas  T.  Tucker,  as 
of  the  public  debt. 

Do. 

Do. 

Do. 

Do. 

Do. 

Do. 


;nt  to  the  trustees  tor  t!ie  redemption 


Do. 
Do. 
Do. 
Do. 
Do. 
Do. 


Do. 
Do. 
Do. 
Do. 
Do. 
Do. 


Sums. 


.f35,500  00 

1,500  00 

4,844  02 

340  00 

0,484  92 

928  49 

45,221   64 

293,233  66 

3,500  00 

18  62 

12,254  83 

15,000  00 

11,645  76 

2,500  00 

75,800  00 

2,800  00 

22,000  00 

30,700  00 

12,700  00 

290.000  00 

20,400  00 

300.000  00 

21,707  52 

10.100  00 

3,891   45 

284,775  85 

86,413  56 

36,678  22 

1.000  00 

70,68S  78 

70.723  17 

70,827  51 

114,213  46 

179,575  52 

888  79 

33,9'60  00 


$4,618,021  39 


List  of  Warrants  drawn,  according  to  law,  during  the  year  1802,  on  the  Treasurer  of  the  United   States,  on 
account  of  the  repayment  of  Pnncipul  of  Moneys  borroived  of  the  Bank  of  the  United  States. 


No.  of 
Warrant. 

Date. 

In  wliose  favor. 

t 

Sums. 

3045 
3073 

June  28,  1802. 
•'     30,      " 

President,  Directors,  &  Co.  of  the  Bank  of  the  United  States, 
Do.                             Do.                             Do. 

2,400  00 
1,287  600  00 

$1,290,000  00 

List  of  IFarrants  drawn,  according  to  hm:  during  the  year   1802,  on  the    Treasurer  of  the   United  States,  on 

account  of  the  payment  of  Interest  on  the  Domestic  Loans. 


No.  of 
AVarrant. 

Date. 

In  whose  favor. 

Sums. 

2568 

January  14, 

1802. 

James  Davidson.  Agent  for  the  President, 

Directors,  &  Co.  of 

the  Bank  of  the  United  States, 

- 

S6,000  00 

2569 

Li                  it 

(t 

Do                               Do 

Do 

6,000  00 

2570 

(.                   H 

a 

Do                              Do 

Do 

15,000  00 

2571 

a             a 

a 

Do                              Do 

Do 

15,000  00 

2572 

a            I. 

.k 

Do                              Do 

Do 

31.875  00 

2573 

.4                   il. 

.. 

Do                              Do 

Do 

2.250  00 

2574 

a            fa* 

a 

Do                              Do 

Do 

7.200  00 

2834 

Aprd        9, 

it 

Do                              Do 

Do 

2.250  00 

3131 

July        10, 

•• 

Do                              Do 

Do 

7.200  00 

3132 

.. 

ik 

Do                              Do 

Do 

28,750  00 

3133 

..             a 

4* 

Do                              Do 

Do 

6,000  00 

3134 

fc.                        I,i 

ii 

Do                              Do 

Do 

15,000  00 

3135 

(i                        l,i 

ii 

Do                              Do 

Do 

2,250  00 

3136 

li                u 

'i 

Do                              Do 

Do 

15,000  00 

3392 

October  20, 

<>. 

Do                              Do 

Do 

2,250  00 

8162,025  00 

FINANCE. 


[1803. 


J-  t    r  TAT       v,,c  ,i^„,„n  nrrnrdins-  to  law,  during  the  year  1802,  on  the  Treasurer  of  the  United  States,  on 
^'VLurirofteBZbTsIm^^^  of  the  Dutch  Debt,  after  deducting  repayments  into 

the  Treasury.  "» 


No.  of 
Warrant. 


2512 

2549 

2580 

2581 

2582 

2586 

2587 

2602 

2628 

2629 

2645 

2646 

2648 

2657 

2660 

2666 

2680 

2718 

2732 

2734 

2736 

2803 

2839 

2841 

2889 

2892 

2906 

2913 

2936 

2948 

2954 

2967 

2973 

2997 

3003 

3004 

3007 

3008 

3016 

3040 

3140 

3153 

3154 

3163 

3166 

3u;.7 

3170 
3175 
3207 
3225 
3239 
3256 
3260 
3261 
3279 
3343 
3347 
3369 
3377 
.3395 
3415 
3419 
3420 
3421 
3433 
■     3437 
3439 
3454 
3456 
3458 
3461 
3473 
3477 
3490 
3499 
3503 


Date. 


January 


February 


March 


April 


May 


June 


July 


2,  1802. 
8,      " 
15,     " 


18, 
19, 
25, 
30, 
1, 
11, 

12, 

25, 

26, 

1, 

4, 

23, 

26, 

29, 

31, 

6, 

9, 
10, 
24, 
26, 
29, 
3, 
7, 
11, 
12, 
20, 
27, 

8, 
10, 

kb 

11, 
12, 
16, 
26, 
12, 
19, 


In  whose  favor. 


23, 
26, 


August 

•4 

September 

b  4 

bb 

kb 

October 

hb 

November 


December 


29, 

14, 

21, 

27, 

O 

•>■> 

4, 

", 

25, 

5, 

6, 
11, 
15, 
23, 

8, 
11, 

12, 
18, 
19, 
22, 
29, 

30, 
1, 
16, 

27. 
30, 
31, 


David  Harris, 
Do 

S.  Smith  &  Buchanan,  - 
G.  Simpson, 
David  Harris, 

Do 
Jonathan  Burrall, 
David  Harris, 
P.  R.  Dal  ton, 
Moore  Wharton, 
Jonathan  Burrall, 
David  Harris, 
Do 
Do 
G.  Simpson, 
John  Mason, 
Jona.  Burrall, 
David  Harris, 
Do 
Do 
Do 
Jonathan  Burrall, 
P.  R.  Dalton, 
David  Harris, 
Do 
Do 
Jonathan  Burrall, 

Do 
David  Harris, 
Jacob  G.  Koch, 
D.  Harris, 
Do 
Do 
J.  G.  Koch, 
Jonathan  Burrall, 
David  Harris, 
P.  R.  Dalton, 
G.  Simpson, 
P.  R.  Dalton, 
J.  Burrall, 

D.  Harris,  ,  - 

G.  Simpson, 
D.  Harris, 
Do 
J.  Burrall, 
D.  Harris, 
P.  R.  Dalton, 
D.  Harris, 
J.  Burrall, 
D.  Harris, 
Do 
Do 
Peter  R.  Dalton, 
D.  Harris, 

Do 
J.  Nourse, 
D.  Harris, 
Do 
Do 
Do 
Do 
Henry  Cockridge, 
Henry  Cockridge, 
D.  Harris, 
Do 
Do 
Do 
Do 
Peter  Muhlenberg,  assignee,  &c. 

Do  Do 

D.  Harris, 
Do 
Do 
Do 
Do 
Do 


Sums. 


$5,200  00 
18,600  00 
20,000  00 
50,000  00 
24,000  00 
4,000  00 
35,400  00 
6,000  00 
50,000  00 
37,000  00 
33,000  00 
3,200  00 
8,000  00 
134,000  00 
200,000  00 
229  20 
51,815  20 
20,000  00 
6,000  00 
20,000  00 
3,446  16 
37,200  00 
50,000  00 
12,000  00 
14,000  00 
6,000  00 
20,218  00 
20,000  00 
6,600  00 
40,000  00 
4,000  00 
4,000  00 
6,000  00 
40,000  00 
10,000  00 
6,000  00 
70,000  00 
1,287,600  00 
40,000  00 
11,200  00 
3,897  46 
205,000  00 
4,100  00 
8,610  00 
92,800  00 
4,100  00 
30,000  00 
10,250  00 
16,400  00 
4,100  00 
4,100  00 
3,280  00 
30,000  00 
12,300  00 
32,287  50 
3,075  00 
16,400  00 
2,562  50 
10,250  00 
1,640  00 
3,075  00 
1.50,000  00 
161,111  11 
8,200  00 
8,200  00 
5,125  00 
4,920  00 
6,150  00 
4,000  00 
3,314  90 
5,125  00 
4,510  00 
4,100  00 
4,100  00 
8,200  00 
70,000  00 


$3,359,992  03 


1803]. 


THE  SINKING   FUND. 


45 


G — Continued. 


No.  of 
warrants. 


Dates  of  warrants  in  favor 
of  the  Treasurer. 


567 

April 

29, 

1802, 

571 

June 

19 

ka 

572 

it 

it. 

kk 

573 

b« 

a 

ik 

580 

hi 

30 

k* 

609 

Sept. 

30 

^^ 

610 

4b 

•• 

^* 

616 

Dec. 

31 

i  1, 

617 

6( 

4fc 

kh 

Brouglit  forward, 

Fro7n  tvhich  deduct  the  following  repayments,  viz: 

Drawn  on  Jonathan  Burrall,  for  amount  of  a  pro- 
tested bill,  --------  $3,840  00 

On  Jesse  and  Robert  Wain, 56,993  oo 

On          ditto,           -         - 3,008  00 

On          ditto,           ----.-.  380  00 

On  David  Harris,  for  costs  and  damages  of  protested 

bills,    ------                   -          -  16,264   72 

On  Jonathan  Burrall,     ------  4,800  00 

On          ditto,           -------  9,810  00 

On  George  Simpson,               -        -        -        .        .  19,684  00 

On  David  Harris,  -------  4,784  06 


3,359,992  03 


119,592  78 


,240,399  25 


Warrant  drawn  according  to  law,  in  the  year  1802,  on  the  Treumrer  of  the  United  States,  on  account  of  debts  due 

to  foreign  officers. 


No.  of 
warrant. 

Date. 

In  whose  favor. 

Sums. 

3023 

June  21,    1802, 

Rossier  and  Roulet,  Attorneys  for  the  heirs  of  Col.  Gouvion, 

$7,994  92 

List  of  warrants  drawn  according  to  law,  in  the  year  1802,  on  the  Treasurer  of  the   United  States,  on  account  of 

certain  parts  of  the  domestic  debt. 


No.  of 

Date. 

warrant. 

2601 

January    25,  1802, 

2659 

February  26,     ' 

2677 

March         3,    ' 

2802 

April            6,     ' 

2908 

30,     ' 

2917 

May            3,    ' 

2970 

22,     • 

2990 

June            7,    ' 

3120 

July             8,     • 

3360 

October       8,     ' 

3410 

November  4,    " 

In  whose  favor. 


Jonathan  Snowden, 
Christopher  Ellery, 
Thomas  Sumter, 
Jacob  Barnitz, 
John  Davidson,     - 
David  Thomas,    - 
James  Davidson,  - 
William  Crawford, 
John  Davidson,    - 
Charles  Tomkins, 
Do.  do. 


Sums. 


$33  33 

26 

13 

237 

62 

199 

75 

103 

14 

12 

19 

14 

07 

470 

23 

28 

32 

10,722 

01 

3,120 

00 

$14,966 

84 

RECAPITULATION. 


Domestic  debt. 

Domestic  loans,    - 

Interest  on  do. 

Dutch  debt. 

Foreign  officers,  - 

Certani  parts  of  domestic  debt. 


Treasury  Department,  Eegister's  Office,  March  2,  1803. 


$4,618,021  39 

1.290.000  00 

162,025  00 

3,240,399  25 

7,994  92 

14,966  84 

$9,333,407  40 


JOSEPH  NOURSE,  Register. 


ft 


46 


FINANCE.  [1803. 


C. 

Statement  of  interest  payable  on  the  public  debt,  in  1802,  and  on  the  domestic  loans. 

FOREIGN  DEBT. 

Guilders. 
Interest,  -----         1,145,250 

Gratifications,  -----  }-'^^"" 

Commissions,   -----  "'■'^^  i" 


1,109,327  10  at  40  Cts.       $467,731  00 
DOMESTIC  DEBT. 


^28,202,013  61  six  per  cent,  stocit, 
13,676,044  05  ileferred  " 


41,878,056  66  at  8  per  cent.  -  -  -    .         -  $3,350,244  j3 

Deduct  in  stalinenfs  on  do.  ascertained  by  a  deduction  oi 
the  amount  redeemed,  per  official  statement,  to  31st 
December,  1801,  from  the  amount  calculated,  per  table, 
to  have  been  redeemed  on  31st  December,  1802,  -    1,117,869  37 


2,232,375  16 


19,091,063  92  3  per  cent.     ------  f^.^l^^l  l\ 

1,847,500  5d  per  cent      - 101,612  50 

176,000  45  per  cent.     ------  /,y^u  oo 

80,000  6  per  cent.  31st  May,  1796,    -     -     -     -  4,800  00 

711,700  Navy  6  per  cent.      -----  42,70200 

6,480,200  8  per  cent.     .--..--  518,416  00 

INTEREST  ON  DOMESTIC  LOANS. 

Loan  of  30th  September,  1795,  viz: 

On  500,000  dollars  for  6  months,  -  $15,000  00 

On  100,000  dollars  for      do.      -  -  3,000  00 

'  $18,000  00 

Loan  of  31st  December,  1794,  at  5  per  cent. 
On  1,150,000  dollars  for  6  months,  -  $28,750  00 

On     500,000  dollars  for       do.    -  -  13,500  00 

$41,250  00 

Loan  of  24th  March,  1795,  at  6  per  cent. 

On  240,000  dollars  for  6  months,  -  -  -  $7,200  00 

Loan  of  5th  March,  1795,  at  6  per  cent. 

On  150,000  dollars  for  12  months,  -  -  -  9,000  00  , 

Loan  of  31st  December,  1795. 

On  500,000  dollars  for  13  months,  -  -  -  30,000  00 

Loan  of  28th  December,  1798. 

On  300,000  dollars  for  12  months,  -  -  -  12,000  00 


$117,450  00 


Total  amount  of  interest  on  the  public  debt,  and  on  domestic  loans,  payable  in  the  year  1803,  $4,065,738  57 

Treasury  Department,  Register's  Office,  February  I,  1803,  Tncmu  xir^TrnoT.     r,     ■ 

JOSEPH  NOURSE,  Register. 

NOTE 

Explanatory  of  the  variation  in  certain  capital  sums  of  the  public  debt,  uponvvhich  the  interest  was  calculated 
as  becoming  due  in  the  year  1803,  as  severally  stated  by  tlie  Secretary  of  the  Treasury,  in  his  report  to  the  House 
of  Representatives,  dated  the  18th  December,  1801,  and  his  report  to  the  Commissioners  ot  the  Sinking  Fund,  dated 
the  3d  February  1803,  anil  upon  which  the  sum  of  333  dollars  37  cents  arose. 

$19,091,063  92  Interest  thereon,  at  3  per  cent,  being  the  amount  included  in  the  sum  of  4,065,738  dol- 
lars 57  cents,  the  whole  amount  of  interest  which  accrued  during  the  year  1803,  on  the 
whole  of  the  public  debt,  including  domestic  loans,  and  as  stated  by  the  Secretary  of 
the  Treasury,  in  his  report  to  the  Commissioners  of  tiie  Sinking  Fund,  dated  the  3d 

February.  1803,      -  - -  -  $573,731  91 

$19,079,705  63  at  3  per  cent,  being  the  amount  as  stated  in  the  report  of  the  Secretary  ot  the  Treasury, 
to  the  House  of  Representatives,  dated  the  18th  December,  1801,  and  relerred  to  therein, 
document  accompanying  that  report,  marked  P,  -----     572^391  is 

$11,358  39  This  difference  arises  from  an  increase  of  3  per  cent,  stock,  under  the  act  of  12th 
June,  179S,  more  than  paid  into  the  treasury  on  account  of  lands,  between  the  periods 
upon  which  the  two  statements  were  formed,  viz:  the  18th  December,  1801,  and  31st 
December,  1802. 


$340  75 

$41,879,525  33  Amount  of  0  per  cent,  stock  upon  which  a  calculation  was  made  at  8  per  cent,  as  stated 
by  the  Secretary  of  the  Treasury  in  said  report  to  tiie  House  of  Representatives,  refer- 
red to  in  said  statement,  marked  P,  -  -  -  -  -  $3,350,362  01 
$41,878,086  66  Amount  of  said  stock  upon  which  a  calculation  was  made,  as  stated  by 
the  Secretary  of  the  Treasury  in  his  aforesaid  statement  to  the  Commis- 
sioners of  tiie  Sinking  Fund,          ------      3,350,244  53 

Deduct  -  -  -      .  .  • 117  48 

$1,468  57  This  variation  is  from  the  two  dates  at  which  the  calculations  of  interest  were  made, 
and  arises  from  payments  for  lands  in  public  stock,  and  thereby  affects  the  principal. 
The  first  statement  referred  to  in  the  report  of  the  Secretary  of  the  Treasury,  of  18ti) 
December,  1801,  was  made  by  the  Register  on  the  12th  December,  1801,  before  the 
public  accounts  of  stock  were  made  up  at  the  treasury  to  the  close  of  tliat  year:  whereas 
the  statement  of  stock  referred  to  by  tiie  Secretary  of  the  Treasury,  in  his  report  to  the 
Commissioners  of  the  Sinking  Fund,  was  made  by  the  Register  from  official  documents 
agreeably  to  the  printed  statement  of  the  public  debt,  on  the  1st  January,  1803. 


Treasury  Department,  Register's  Office,  March  3,  1803. 


!i223  27 


JOSEPH  NOURSE,  Register. 


rsOS.]  STATE  OF   THE   FINANCES. 

D. 

ESTIMATE. 


47 


Guilders. 


Amount  of  bills  purchased  in  1801,  and  not  credited  by  the  banker's  account,  ending  31st  Decem- 
ber, 1801,      ----------.  .3  3(58  523     4 

Balance  to  the  bankers  on  31st  December,  1801,  by  that  account,     -  -  -  -  .      '   19' 676  15 


Amount  applicable  to  the  demands  of  1802,     ----....     .3  343  §45    9 
Amount  of  bills  purcliased  in  1803,  viz:  '      ' 

Guilders.      2,790,235     3  8  at  40  cents,  -  -  -  -$1,116,094  06 

4,730,983   10  8  at  41  cents,  .....      1,930,70324 

7,521,218   14  4 


£  sterling:  70,000  at  par,  -.-...        311,111  11 


$3,366,908  41 


Which  sum  of  $3,366,908  41,  was  paid  in  the  followin"  manner: 
The  balance  in  the  hands  of  the  cashier  of  the  Bank  of  the  United  States,  and  of  the 
branch  bank,  Boston,  agents  for  purchasing  bills,  on  the  31st  December,  1801, 
was  -------.--.         $20,961  40 

That  balance,  on  the  31st  December,  1803,  was  -  -  .  .  .  14,045  02 


And  the  difterence,      .-----_..  $6.91638 

Together  with  the  sum  of         -----  -  -  -     3,359.992  03 


Stated  by  the  Register  to  have  been  applied  to  the  Dutch  debt,  during  the  year  1802, 

makes  -----.-...   $3,366,908  41 

As  above  stated.  - 

The  above  stated  bills  in  guilders,  viz:  --....  7,521,216  14  4 

Added  to  the  J70, 000,  sterling,  equal,  at  lis.  2(/.  to  -  -  -  777.000 


Making  the  amount  purchased  during  the  year  1802,  ------     8,298,218  14  4 

10,647,065     3  4 
From  wliich  deducting  the  amount  of  bills  protested,  viz:     ------        290,000 


Leaves  the  amount  applicable  in  Holland.       --------    10,357,065  3  4 

To  which  add  repayment  by  the  bankers,  on  account  of  Gouv.  Morris,        -  -  -  -  41,787  10  8 

10,398,852  14 

Demands  in  Holland  during  the  year  1803,     -.----..     4,529,327  10 


Amount  of  remittances  purchased  previously  to  1st  January,  1803,  applicable  to  the  demands  during 

that  year,      -  -  -  -  -  -  -  -  -  -  -     5,869,525     4 

Exclusively  of  protested  bills  not  taken  up,  guilders,  .  .  -  .  140,000 

And  of  the  above  stated  balance  in  the  hands  (a.)  of  cashiers  on  tlie  31st  Decem- 
ber, 1802,      -.-.----         $14,045  02 


(a.)  Viz ;  In  hands  of  Messrs.  Simpson,  and  Dalton. 


SthCoxGKEss.]  ]Vo.  200.  [1st  Session. 

STATE    OF    THE    FINANCES. 

COMMUNICATED    TO    THE    SENATE,    OCTOBER   25,    1803. 

In  obedience  to  tlie  directions  of  the  act  supplementary  to  the  act,  entitled  "  An  act  to  etsablish  the  Treasury 
Department,"  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

The  annual  nett  proceeds  of  the  duties  on  merchandise  and  tonnage,  had,  in  former  reports,  been  estimated  at 
nine  millions  five  hundred  thousand  dollars.  That  estimated  revenue,  predicated  on  the  importations  of  the  years 
immediately  preceding  the  late  European  war,  and  on  the  ascertained  ratio  of  increase  of  the  population  of  the 
United  States,  appears,  from  the  experience  of  the  two  last  years,  to  have  been  underrated.  The  nett  revenue 
arising  from  that  source,  which  accrued  during  the  year  1803,  exceeds  ten  millions  one  hundred  thousand  dollars. 
The  revenue  which  has  accrued  duiing  the  two  first  quarters  of  the  present  year,  appears,  from  the  best  estimate 
that  can  now  be  formed,  to  have  been  only  fifty  thousand  dollars  less  than  that  of  the  two  corresponding  quarters  of 
the  year  1802;  and  the  receipts  in  the  treasury,  on  account  of  the  same  duties,  during  the  year  ending  the  30)h  Sep- 
tember last,  have  exceeded  ten  millions  six  hundred  thousand  dollars.  Those  tacts  afford  satisfactory  evidence 
that  the  wealth  of  the  United  States  increases  in  a  still  greater  ratio  than  their  population,  and  induce  a  belief  that 
this  branch  of  the  public  revenue  may  now  be  safely  calculated  at  ten  millions  of  dollars. 

From  the  statement  A,  it  will  appear  that  the  same  revenue,  f(u-  the  two  last  years  of  the  late  European  war, 
(1800  and  1801)  calculated  at  the  present  rate  of  duties,  averaged  11,600,000  dollars  a  year:  but,  although  it  might, 
with  some  degree  of  probability,  be  supposed  that  the  renewal  of  hostilities  will  again  produce  a  similar  increase,  no 
inference  from  that  period  is  drawn  in  this  report,  in  relation  to  the  revenue  of  the  ensuing  years. 

The  statement  B  shows  the  several  species  of  merchandise  on  which  the  duties  on  importations  were  collected, 
during  the  year  1802,  the  portion  of  that  revenue  which  was  derived  from  drawbacks,  and  that  which  arose  from  the 
extra  duty  on  merchandise  imported  in  foreign  vessels. 


FINANCE.  '  [1803. 


Although  the  sales  of  the  public  lands,  during  the  year  ending  on  the  30th  day  of  September  last,  were  aifected 
by  the  situlition  of  the  Western  country,  two  hundred  thousand  acres  have  been  sold  during  that  period;  and,  as  it 
appears  by  the  statement  C.  that,.independent  of  future  sales,  the  sums  already  paid  to  the  Receivers,  together  with 
those  which,  exclusively  of  interest,  fall  due  during  the  three  ensuing  years,  amount  to  1,250,000  dollars;  the  annual 
revenue  arising  from  the  proceeds  of  those  sales,  cannot  be  estimated  at  less  than  four  hundred  thousand  dollars. 
The  extension  of  post  roads,  and  the  acceleration  of  the  mail,  whilst  diffusing  and  increasing  tlie  benefits  of  the 
institution,  have,  as  an  object  of  revenue,  rendered  it  less  productive.    The  receipts  from  that  source  have  amounted, 
durin"  the  last  year,  to  27,000  dollars;  but,  as  neither  these,   nor  those  arising  from  some  other  smaller  incidental 
brancTies,  are  of  sufficient  importance  to  effect  any  general  result,  the  whole  existing  revenue  of  the  United  States 
will  be  computed  at  only  ten  millions  four  hundred  thousand  dollars. 

The  permanent  annual  expenses  of  government,  which,  under  existing  laws,  must  be  defrayed  out  of  that  revenue, 
amount  to  nine  millions  eight  hundred  thousand  dollars,  to  wit: 

l&t.  The  annual  appropriation  of  7,300. 000  dollars,  for  the  payment  of  the  principal  and  interest  of  the 
debt;  of  which  about  three  millions  and  a  half  are  at  present  applicable  to  the  discharge  of  the  prin- 
cipal, and  the  residue  to  the  payment  of  interest,    ------      $7,300,000 

3d.  The  current  expenses  of  Government,  which,  according  to  the  estimates  for  the  year  1804, 
consist  of  the  following  items,  viz: 

For  the  civil  department,  and  all  domestic  expenses  of  a  civil  nature, 
For  expenses  attending  the  intercourse  with  foreign  nations,  including  the  permanent  appro- 
priation for  Algiers,  and  all  other  expenses  relative  to  the  Barbary  Powers,  - 
For  the  Military  and  Indian  departments,  -  -  -  - 

For  the  Naval  establishment,    calculated  on  the  supposition  that   two  frigates  and  four 
smaller  vessels  shall  be  kept  in  commission,       .  -  -  .. 


791,000 

184,000 
875,000 

650,000 

2,500,000 

- 

9,800,000 
10,400,000 

- 

$600,000 

And  deducted  from  the  permanent  revenue  of  -  -  -  - 

Leave  a  surplus  revenue  of  six  hundred  thousand  dollars,  applicable  to  other  objects. 

The  following  extraordinary  resources  and  demands,  not  being  of  a  permanent  nature,  are  not  included  in  that 
calculation,  to  wit: 

The  specie  in  the  treasury,  which,  on  the  30th  day  of  September  last,  amounted  to               -               -  5,860,000 

The  arrears  of  the  direct  tax,  estimated  at    -                -                -                -                -                -                -  250,000 

The  outstanding  internal  duties,  amounting  to  near     -                -                -                -                -                -  400,000 

And  the  sum  which  will  be  repaid  to  the  Li  nited  States  on  account  of  advances  heretofore  made  in  Eng- 
land, for  the  prosecution  of  claims,  estimated  at,  -                -                -                -                -                -  150,000 

^6^660^000 

Constituting  an  aggregate  of  more  than  six  millions  six  hundred  thousand  dollars,  which,  after  reserv- 
ing the  sum  which  it  is  necessary  to  keep  in  the  treasury,  will  be  sufficient  to  discharge  the  demands 
due  on  account  of  the  convention  with  Great  Britain,  and  amounting  to  "       .    .    '      .  "     $2,664,000 

Sundry  extraordinary  expenses  in  relation  to  the  conventions  with  France  and  Great  Britain,  estimated 

at  -  -  -  -  -  -  -  -  -  -  100,000 

The  loan  obtained  from  the  State  of  Maryland  for  the  city  of  Washington,  amounting  to        -  -  200,000 

And  also  to  pay  two  millions  of  dollars  on  account  of  the  purchase  of  Louisiana;  being  the  same  sum 
which  was  reserved  for  the  purposes  contemplated  by  the  law  of  the  last  session,  appropriating  that 
amount  for  the  extraordinary  expenses  attending  the  intercourse  with  foreign  nations.       ■  -       2,000,000 

4,964,000 


It  appears  by  the  estimate  D,  that,  during  the  year  ending  on  the  30th  September  last,  the  payments 

trom  the  treasury,  on  account  of  the  public  debt,  have  amounted  to        -  -  -  -     3,096,700 

Which,  together  with  the  increase  oi' specie  in  the  treasury,  during  the  same  period,  amounting  to  -    1,320,000 

Makes  an  actual  difference  in  ilivor  of  the  United   States,  of  more  than  four  millions  four  hundred 

thousand  dollars  during  that  year,  -  -  -  -  -  -        4,416,700 

The  payments  on  account  of  the  principal  of  the  public  debt,  from  the  1st  day  of  April,  1801,  to  the  30th 

day  of  September.  1803,  have  amounted,  as  appears  by  the  estimate  E.  to  -  -  ~       9,924,004 

The  specie  in  the  treasury  on  the  1st  day  of  April.  1801,  amounted  to  -  -      1,794,000 

Andon  the  30th  day  of  September,  1803,  to  .---..      5,860,000 


Making  an  increase  of     -  -  -  -  -  -  -  -  -       4,066,000 


Those  two  items  constitute  an  aggregate  of  -  -  -  -  -  -  -      13,990,004 

From  which  deducting   the  extraordinary  resource  arising  from  the  sales  of  the  bank  shares,  which  pro- 
duced, --.-..---.        1,287,600 

Leaves,  for  the  amount  of  the  true  difference,  -------      12.702,404 

In  favor  of  the  United  States,  for  that  period  of  two  years  and  a  half,  a  sum  of  twelve  millions  seven  hundred 
thousand  dollars. 

From  that  view  of  the  present  situation  of  the  financial  concerns  of  the  United  States,  it  seems  that  the  only  ques- 
tion which  requires  consideration,  is.  whether  any  additional  revenues  are  wanted  in  order  to  provide  for  the  new 
debt,  which,  if  Cimgress  shall  pass  the  laws  necessary  to  carry  the  treaty  with  France  into  effect,  will  result  from 
the  purchase  of  Louisiana. 

The  sum  which  the  United  States  may  have  to  pay  by  \irtue  of  that  treaty,  amounts  to  fifteen  millions  of  dollars, 
and  consists  of  two  items:  1st,  11,250,000  dollars  payable  to  the  Government  of  France,  or  to  its  assignees,  in  a  stock 
bearing  an  interest  of  six  per  cent.,  payable  in  Europe,  and  the  principal  of  which  will  be  discharged  at  the  treasury 
of  the  United  States,  in  four  instalments,  the  first  of  which  shall  commence  in  the  year  1818.  2dly,  a  sum  which 
cannot  exceed,  but  may  tall  short  of,  3,750,000  dollars,  payable  in  specie  at  the  treasury  of  the  United  States,  during 
the  course  of  the  ensuing  year,  to  American  citizens  having  claims  of  a  certain  description  on  the  Government  oT 
France. 

It  has  already  been  stated  that  two  millions  of  dollars  may  be  paid  from  the  specie  now  in  the  treasury,  on 
account  of  the  last  item;  and  the  whole  amount  of  the  new  debt  which  may  eventually  be  created,  cannot,  therefore, 
exceed  thirteen  millions  of  dollars,  the  annual  interest  of  which  is  equal  to  780,000  dollars;  but,  on  account  of  com- 
missions and  variations  of  exclisnge,  will  be  estimated  at  eight  hundred  thousand  dollars. 

The  existing  surplus  revenue  of  the  United  States  will,  as  has  been  stated,  be  sufficient  to  discharge  six  hundred 
thousand  dollars  of  that  sum;  and  if  is  expected  that  the  nett  revenue  collected  at  New  Orleans  will  be  equal  to  the 
remaining  two  hundred  thousand  dollars.  That  opinion  rests  on  the  supposition  that  Congress  shall  place  that  port 
on  the  same  looting  as  those  of  the  United  States,  so  that  the  same  duties  shall  be  collected  there,  on  the  importa- 
tion of  foreign  merchandise,  as  are  now,  by  law,  levied  in  the  United  States,  and  that  no  duties  shall  be  collected. 


1803.] 


STATE    OF    THE    FINANCES. 


49 


either  on  the  exportation  of  produce  or  merchandise,  from  New  Orleans  to  any  other  place,  nor  on  any  articles 
imported  in  the  United  States  from  the  ceded  territories,  or  into  those  territories,  from  the  United  States. 

The  statements  F,  G,  H,  exiiibit  the  annual  exports  and  imports  of  the  United  States,  to  and  IVom  Floiida  and 
Louisiana,  for  the  years  1799  to  1802:  and  the  statement  G  particulaily  shows,  that  the  exportations  from  tlie 
Atlantic  States  to  those  colonies,  of  articles,  not  of  the  growth,  produce,  or  manufacture,  of  the  United  States, 
amounted,  for  the  three  years,  1799,  1800,  and  1801,  to  6,622,189  dollars,  makini;  an  average  of  more  than  two  mil- 
lions two  hundred  thousand  dollars  of  foreign  articles  liable  to  pay  duty,aiuiually  imported  into  Florida  and  Loui- 
siana from  the  United  States  alone. 

It  is  ascertained  that  the  exportations  from  the  United  States  to  Florida  are  so  trifling  that  that  statement  may  be 
considered  as  applying  solely  to  New  Orleans;  and  it  is  also  known,  that  almost  the  whole  of  those  iinpoitations 
were  consumed  within  that  colony;  and  that,  during  the  war,  the  supplies  from  the  United  States  constituted  by  far 
the  greater  part  of  its  imports. 

Fnmi  thence  it  results,  that  the  annual  importations  into  the  ceded  territory,  of  articles  destined  for  the  consump- 
tion of  its  own  inhabitants,  and  which  will,  under  the  rcvemie  laws  of  the  United  Slates,  be  liable  to  pay  duly,  may 
safely  be  estimated  at  two  millions  five  hundred  thousand  dollars:  an  amount  which,  at  the  present  rate  of  duties, 
will  yield  a  revenue  of  about  350,000  dollars. 

From  that  revenue  must  be  deducted  150,000  dollars,  for  the  following  items,  vi/,: 

1st.  The  amount  of  duties  on  a  quantity  of  sugar  and  indigo,  equal  to  that  whicli  shall  be  imported  from  ISew 
Orleans  to  the  United  States,  as  those  articles, being  imported  fiee  from  duty,  will  diminish,  by  so  much,  the  revenue 
now  collected  in  the  seaports  of  the  United  States.  TJie  whole  amount  of  sugar  ex|)orted  from  New  Orleans  is  less 
than  4,000,000  of  pounds,  and  that  of  indigo  is  stated  at  about  30.000  pounds.  Supposing  (which,  on  account  of  that 
exemption,  is  not  improbable)  that  the  whole  of  those  articles  should,  hereafter,  be  exported  to  the  United  States,  the 
loss  to  the  revenue  will  be  about  100,000  dollars. 

2d.  No  increase  of  expense  in  the  military  establishment  of  the  United  States  is  contemplated  on  account  of  the 
acquisition  of  territory;  but  the  expenses  of  the  civil  administration  of  the  province,  and  those  incident  to  the  inter- 
course with  the  Indians,  are  estimated  at  50,000  dollars:  leaving  for  the  nett  re\enue  derived  from  the  province, 
and  applicable  to  the  payment  of  the  interest  of  the  new  debt,  200,000  dollars,  as  above  stated.  The  only  provi- 
sions, which,  if  that  view  of  the  subject  be  correct,  appear  necessary,  and  are  respectfully  submitted,  are,  1st,  in 
relation  to  the  stock  of  11,250,000  dollars,  to  be  created  in  fiivor  of  the  Government  of  France,  or  of  its  assignees. 

That  that  debt  be  made  a  charge  on  the  sinking  fund,  directing  the  Commissioners  of  the  fund  to  apply  so  much 
of  its  proceeds  as  may  be  necessary  for  the  payment  of  interest,  and  reimbursement  or  redemption  of  the  principal, 
in  the  same  manner  as,  by  the  existing  laws,  they  are  directed  to  do  in  relation  to  the  payment  of  interest  and  dis- 
charge of  the  principal  of  the  debt  now  charged  on  that  fund. 

Tnat  so  much  of  the  duties  on  merchandise  and  toiniage  as  will  be  equal  to  seven  hundred  thousand  dollars. 
being  the  sum  wanted  to  pay  the  interest  of  that  new  stock,  be  added  to  the  annual  permanent  appropriation  for  the 
sinking  fund,  making,  together  with  the  existing  appropriation,  eight  millions  of  dollars,  annually  applicable  to  the 
payment  of  the  interest  and  principal  of  the  public  debt. 

And  that  the  said  annual  sum  of  eight  millions  of  dollars  remain  thus  pledged,  and  be  vested  in  the  Commission- 
ers of  the  Sinking  Fund,  in  ti'ust  for  the  said  payments,  unlil  the  whole  of  the  existing  debt  of  the  United  States 
and  of  the  new  stock  shall  have  been  reimbursed  or  redeemed. 

As  a  sum,  equal  to  the  interest  accruing  on  the  new  stock,  will  thus  be  added  to  the  sinking  fund,  the  operation  of 
that  fund,  as  it  relates  to  the  extinguishment  of  the  existing  debt,  will  remain  precisely  on  the  same  footing  as  has 
been  heretofore  provided  by  Congress.  _  The  new  debt  will  neither  impede  or  retard  the  payment  of  the  principal  of 
the  olil  debt;  and  the  fund  will  be  sufficient,  besides  paying  the  interest  on  both,  to  discharge  the  principal  of  the 
old  debt  before  the  year  1818,  and  that  of  the  new  within  one  year  and  a  half  after  that  year. 

2(1.  In  relation  to  the  American  claims,  the  payment  of  which  is  assumed  by  the  convention  with  France. 

That  a  sum  not  exceeding  3,750,000  dollars,  inclusive  of  the  two  millions  appropi-iated  by  a  law  of  the  last  session 
of  Congress,  for  defraying  the  extraordinary  expenses  incident  to  the  interct>urse  with  foreign  nations,  be  appro- 
priateil  for  the  payment  of  those  claims,  to  be  paid  out  of  any  moneys  in  the  tieasury  not  otherwise  appropriated. 

That,  for  the  purpose  of  effecting  the  whole  of  that  payment,  the  President  of  the  United  States  be  authorized  to 
borrow  a  sum  not  exceeding  1,750,000  dollars,  at  an  interest  not  exceeding  six  per  cent,  a  year. 

And  that  so  much  of  the  proceeds  of  the  duties  on  merchandise  and  tonnage,  as  may  be  necessary,  be  appro- 
priated for  the  payment  of  the  interest,  and  lor  the  reimbursement  of  the  principal  of  the  loan,  which  may,  eventually, 
be  effected  by  virtue  of  the  preceding  provision. 

It  is  not  proposed  to  charge  that  loan  on  the  sinking  fund,  because  its  amount,  in  case  it  shall  be  efTecfed,  cannot, 
at  present,  be  ascertained;  and  because  it  may,  perhaps,  under  the  then  existing  circumstances  of  the  treasury,  be 
found  more  expedient  not  tojiorrow  the  money,  and,  in  lieu  of  it,  to  pay,  out  of  the  sinking  fund,  the  whole,  or  a 
part  of  the  tvvo  last  instalments,  payable  by  virtue  of  the  convention  with  Great  Britain,  as  authorized  by  the  act 
making  provision  for  the  payment  of  the  whole  of  the  public  debt. 

It  is  evident  that  the  possibility  of  thus  providing  for  the  payment  of  tiie  interest  of  a  new  debt  of  thirteen  mil- 
lions of  dollars,  without  either  recurring  to  new  taxes,  or  interfering  with  the  provisions  heretofore  made  for  the 
payment  of  the  existing  debt,  depends  on  the  correctness  of  the  estimate  of  the  public  revenue  which  has  been  sub- 
mitted. Although  it  is  not  without  diffidence  that  the  hope  of  such  favorable  result  is  entertained,  some  reliance  is 
placed  on  the  solidity  of  the  basis  on  which  the  estimate  is  grounded.  It  rests,  principally,  on  the  expectation  that 
the  revenue  of  the  ensuing  year  shall  not  be  less  than  that  which  accrued  during  the  year  1802.  No  part  of  it  depends 
on  the  probable  increase  which  may  result  froni  the  neutrality  of  the  UnitedStates  during  the  continuance  of  the 
war  in  Europe,  nor  even  on  tlie  progressive  augmentation,  which,  from  past  experience,  may  naturally  be  expected 
to  arise  from  the  gradual  increase  of' population  and  wealth.  Nor  has  that  elTect  been  taken  in  consideration,  which 
the  uninterrupted  free  navigation  of  the  Mississippi,  and  the  acquisitit)n  of  New  Orleans,  may  have,  either  on  the 
sales  of  the  public  lands,  or  on  the  general  resources  of  the  inhabitants  of  the  Western  States. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN.  Secretary  of  the  Treasury. 

A. 

.^  State7ne7il  ea-hibiliuff  the  amount  of  duties  icldch  accrued  oi  Merchandise  and  Tonnage;  of  debentures  issued  on 
the  exportation  of  Foreign  Merchandise;  of  payments  for  bounties  and  allowances  and  for  expenses  of  collection, 
during  each  of  the  years  1800,  1801,  and  1802. 


Duties  on 

Debentures 
issued. 

Bounties 
and  allow- 
ances. 

Gross  revenue. 

Expenses 
on  collec- 
tion. 

Nett  revenue. 

Years. 

Merchandise. 

Tonnage. 

Passports  and 
Clearances. 

1800  (a) 

1801  (b) 
1802 

Dolls.       Cts. 
16,003,779  77 
20,594,331   48 
14,741,566  95 

Dolls.    Cts. 
143,523  71 
188.147  79 
160,424  70 

Dollars. 
14,804  00 
18,238  00 
13,862  00 

Dollars. 
5,249,282 
7,819,093 
4,197,256 

Dolls.  Cts. 
106,178   66 
103,107   30 
133,978    07 

Dolls.       Cts. 

10,806,646  82 

12,878,516  97 

C  10,584,619  58 

Dolls.    Cts. 
440,373  62 

482,772  70 
484,018  06 

Dolls.     Cts. 
10,366,273  20 
12,395,744  27 
10,100,601   52 

m 


FINANCE. 


[1803. 


NOTES  TO  THE  PRECEDING  TABLE. 


(a.)  The  nett  amount  of  duties,  (after  deducting  drawbacks)  for  the  year  1800,  at  the  present  rates  of  duty,  would 
have  been  ..------ 

10  per  cent,  extra  duty,  ------- 

Tonnage  and  passports,  -  - 


Deduct  expenses  on  collection, 

Nett  revenue,  at  present  rate  of  duties, 

(6.)  The  extra  duty  for  the  year  1801,  was 

(c.)  Gross  revenue  for  the  year  1802,    - 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B, 


Gross  revenue. 


Statement  A. — Continued. 


$10,890,753  03 
206,975  61 

11,097,728  64 
158,327  71 

11,256,056  35 
440,373  62 

10,815.682  73 

$256,621   72 

$10,584,619  58 
13,556  95 

$10,571,062  63 


A  Statement  of  the  amount  of  Jimerican  and  Foreign  Tonnage,  respectively  employed  in  foreign  trade,  for  each 
of  the  years  1800,  1801,  and  1802,  as  takenfrom  the  records  of  the  Treasury. 


Years. 


1800 
1801 
1802 


American   tonnag'c   in 
foreign  trade. 


$682,871 
849,302 
787,301 


Foreig'n  tonnage. 


$123,882 
158,365 
143.366 


Total   amount   of  tonnage 
employed  in  the  foreig-n 
trade   of    the    United 
States. 


$806,753 

1,007,667 

930,667 


Proportion  of  foreign  ton- 
nage to  the  whole  am't 
of  tonnage  employed  in 
the  foreign  trade  of  the 
United  States. 


15.4  to  100 
15.7  to  100 
15.4  to  100 


Treasury  Department,  Begister's  Office.  October  24,  1803. 


JOSEPH  NOURSE,  Register. 


B. 

A  Statement  exhibiting  the  value  and  quantities,  respectively,  of  merchandise,  on  which  duties  actually  accrued, 
during  the  year  1802,  {consisting  of  the  difference  between  articles  paying  duty,  imported,  and  those  entitled  to 
drawback,  re-exported)  and  also,  of  the  nett  revenue  which  accrued  during  that  year,  from  duties  on  merchan- 
dise, tonnage,  passports,  and  clearances. 


Goods  paying  duties  ad  valorem,  viz: 
$  23,377,717,  at  12^  per  cent. 
7,888,614,         15         do. 
439,830,        20        do. 


31,706,161 
(a)  Spirits,    7,720,232  gallons,  at  29.2  cents  average, 
(Z»)  Sugar,    39,443,814  pounds,      2i  do. 

Salt,  3,244,309  bushels, 
(c)  Wines,  1,912,274  gallons, 
id)  Teas,       2,406,938  pounds, 

Cotfee,      6,724,220  pounds. 

Molasses  6,317,969  gallons, 
(e)  All  other  articles, 


20 

33.9  average, 

15.9  average, 

5 

5 


Deduct  amount  of  duties  refunded, 

"'    (/)  Three  and  a  half  percent,  retained  on  drawbacks,        - 

!^  Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise,  .  .  -  - 

Duties  on  tonnage,  ------- 

Duties  on  passports  and  clearances,        -  -  -  -  - 

Gross  revenue,  per  statement  A,  .  -  -  -  - 

(§■)  Sundry  accounts,  not  yet  received,  estimated    -  -  -  - 


Deduct  expenses  of  collection, 


$2,922,214  62 

1,183,292  10 

87,966  00 

4,193,472  72 

2,253,496  17 

975,755  61 

648,861  80 

683,816  72 

382,699  00 

336,211  00 

315,898  45 

286,533  00 

10,076,744  47 
13,331   99 


Nett  revenue, 


10,063,412  48 
153,275  45 
180,088  00 

10,396,775  93 

160,424  70 

13,862  00 

10,571,062  63 
30,000  00 

10,601,062  63 
484,018  06 

10,117,044  57 


(a.)  Spirits,  viz:  Grain, 


Explanatory  Statements  and  Notes. 

1st  proof. 

648,024  gallons. 

at  28  cents. 

2d    do 

108,909 

29 

3d    do 

5,670 

31 

4th   do 

57,914 

34 

5th    do 

1.389 

40 

6th   do 

5,696 

50 

$181,614  72 

31,583  61 

1,757  70 

19,690  76 

555  60 

2,848  00 


1803.] 


STATE   OF   THE   FINANCES. 


51 


Other  materials,  1st  and  2d  proof, 

3d  do 
4th  do 
5th  do 
6th   do 


1,268,436  gallons,  at  25  cents, 

3,070,480  28 

2,957,373  32 

52,199  38 

1,198  46 


Imported, 
Exported, 

Consumed, 


8,177,888 
457,656 

7,720,232 


(b.)  Sugar,  brown. 


Deduct  excess  of  white,  exported 


41,511,762  lbs.  at  2i  cents, 
2,067,948  3 


39,443,814 


(f.)  Wines,  viz:  Madeira,  1st  quality, 


ditto. 


do 


gallons,    172,273  at  58  cents, 


Sherry  and  St.  Lucar, 
Oporto  and  Lisbon 
Burgundy  and  Chanipaigne, 
Tenerirte,  Fayal,  anil  Malaga, 
Other,  in  bottles, 
Ditto,  in  casks, 


((/.)  Teas,  viz:  Bohea, 


Souchong, 
Hyson,  - 
Other  green. 


64,271 

50 

639,960 

40 

275,234 

30 

3,952 

45 

624,856 

28 

51,443 

35 

80,285 

23 

Gallons 


1,912,274 


pounds,    1,413,268  at  12  cents, 

138,860  18 

142,917  32 

711.893  20 


lbs.         2,406,938 


- 

$317,109   00 

- 

859,734  40 

' 

946,359  3ti 

- 

19,835  62 

- 

551   08 

Duties, 

2,381,639  85 

do 

128,143   68 

do 


Duties, 


$2,253,496   17 

$1,037,794  r5 
62,038  44 

$975,755  61 


$99,918 

34 

32,135 

50 

255,984 

00 

82,570 

20 

1,778 

40 

174.959 

68 

18,005 

05 

18,465 

55 

$683,816 

72 

$169,592 

16 

24,994 

80 

45,733 

44 

142,.378 

60 

Duties,        $382,699  00 


(e.)  ALL  OTHER  ARTICLES. 


Beer,  ale,  porter,  &c. 

gallons. 

$  182,573 

Cocoa,           -        ...        - 

pounds, 

145,822 

Chocolate,     -        -        -        - 

do 

5,301 

Candles,  tallow,    - 

do 

- 

Ditto,  wax. 

do 

1,552 

Cheese,          -        .        -        - 

do 

90,199 

Soap,     -        -        -        -        - 

do 

- 

Pepper,          .        .        -        - 

do 

201,585 

Pimento,        -        -        -        - 

do 

211,871 

Tobacco,        -        -        -         ■ 

do 

203,858 

Snuft;             -        .        -        - 

do 

3,449 

Loaf  sugar,            -        -        - 

do 

10,009 

Indigo,           .        -        -        - 

do 

- 

Cotton,          -        .        -        - 

do 

144,638 

Nails  and  spikes. 

do 

3,392,636 

Lead,             .        .        -        - 

do 

1,252,397 

Steel,             -        -        -        - 

cwt. 

11,326 

Hemp,           -        -        -        - 

do 

82,720 

Cables  and  tarred  cordage,    - 

do 

8.772 

Untarred  cordage. 

do 

1,046 

Twine  and  pack  thread. 

do 

1,586 

Glauber  salts. 

do 

863 

Coal,     -        -        -        -        - 

bushels. 

445,417 

Boots,    -        -        -        -        - 

pairs. 

4,358 

Shoes,  silk,    - 

do 

8,885 

All  other    - 

do 

66,717 

Wool  cards. 

dozens, 

265 

Playing  ditto. 

packs. 

- 

aUASTITIES. 


Excess  of  im- 
portation over 
exportation. 


Excess  of  ex- 
portation over 
importation. 


$32,534 


124,309 


6;%526 


11,121 


Rate  of 

duty. 


Excess  of 
duties  over 
drawbacks. 


Cents. 


/ 
2 

6 

4 

10 


1 

100 
100 

180 

225 

400 

200 

5 

75 

25 

15 

50 

25 


$14,606 

2,916 

159 

93 
6,314 

12,095 

8,475 

20,386 

759 

901 

1,339 

67,853 

12,524 

11,. 326 

82,720 

15,790 

2,354 

6,344 

1,726 

22,271 

3,269 

2,221 

10.008 

133 


Excess  of 
drawbacivs 
over  duties 


$651 
2,486 

17,132 


2,780 


$309,582         23.049 


$286,533 


(/. )  Three  and  three-fourths  percent,  was  retained  during  the  first  six  months  of  the 

year,  one-fourth  per  cent,  of  which  was  in  lieu  of  stamp  duties,  and  ceased  with 

the  mternal  taxes,  but  is  blentled  in  the  statement  with  the  duties  collected. 

{g.)  The  two  following  collector's  accounts,  (wlio  are  out  of  oflice)  have  not  been 

received,  viz: 

Marblehead,  from  1st  April  to  Uth  September,  ? 

Wilmington,  North  Carolina,  from  1st  January  to  31st  March,  5 

And  the  accounts  for  Natchez,  i'rom  1st  July  to  31st  December,  not  included 

Deduct  the  following  accounts  for  1801,  included  in  statement,  viz: 

Penobscot,  from  1st  October  to  23d  December,      -  -  -  - 

Marblehead,  from  1st  July  to  31st  December,        -  -  -  - 


estimated  at 


$50,117  72 
10,985  28 


1,895  84 
29,207   16 


$61,103 


31.103 


$30,000 


Treasury  Department,  Register'' s  Office^  October  24,  1803. 


52 


FINANCE. 


[180S. 


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C 

C   J 

0      ff 

J^ 

-a 

<|a- 

Q 

1803.] 


STATE    OF    THE    FINANCES. 


53 


Statement  C — Continued. 
Estimate  showing  ivhen  the  instalments  which  compose  the  bahmce  due  by  individuals  will  become  payable. 


DISTRICTS. 

Remaining  due 
for  1803. 

Becoming-  due 
in  1804. 

Becoming'  due 
in  1805. 

Becoming  due 
in  1806. 

Becoming-  due 
in  1807. 

TOTAL.          • 

Marietta, 
Steubenville.   - 
Chillicothe,     - 
Cincinnati, 

$1,681   OU 

15,187  48 
23,349  86 

4,162  94 
138.158  40 
107,035  01 
125,019  98 

4,601   65d 
161,187  65 
124,824  65 
146,831  89^ 

2,244  26 

89.958  75 
30,021   98 
60,288   10 

773   13i 

27,538  82 
14,375  50 
15,149  09i 

$13,463  OOi 
416,843  62 
291,444  62 
370,638  93 

$40,218  35A 

374.376  33 

437,445  85 

182,513  09 

57,836  55 

$1,092,390  I7i 

Total  sales  of  Land,  from  the  opening  of  the  Land  Offices  to  'Mth  September,  1803. 

Acres.    lOOths. 
From  tiie  opening  of  the  Land  Offices  to  1st  November,  1801,  -  -  -  398,646.45 

From  1st  November,  1801,  to  1st  November,  1802,      -----  340.009.77 

Amount,  as  above  stated,  ---".--      199.080.64 

Deduct  sales  in  October,  1802,  included  in  statement  ior  1802,  -         18,012.21  181,068.4.> 


Treasury  Department,  Register's  Office,  October  22,  1803. 


Total  acres,         919,724.65 
JOSEPH  NOURSE,  Register. 


D. 

An  estimate  of  the  Principal  redeemed  of  the  Deljt  of  the  United  States,  from  the  1st  October,  1802,  to  the  mh 

September.  1803. 


On  account  of  the  Domestic  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the  United  States,  during  that 
period,  according  to  the  quarter  yearly  statement  ot  receipts  and  expenditures, 
exclusive  of  $2,047  48  repaid  into  the  treasury,  was         ,       "     ,  "  " 

Deduct  interest,  which  accrued  during  the  same  period,  calculated  quarter  yearly. 

Leaves  the  amount  of  principal  discharged,  "  ,.,,      , ',  ,     .„     \-o.,i' 

Payments  were  made  into  the  treasury,  in  certificates  ot  the  debt  ot  the  L  .  St^xtes, 

for  lands  purchased,  -  ■;  ;  ;         ,      r  ,i      •      '  .■     i  u/ 

Payments  were  made  to  foreign  officers,  and  ot  certain  parts  ot  the  domestic  debt. 

On  account  of  the  Foreign  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer,  exclusive  of  $108,319  39.  repaid 

into  the  treasuiy.  including  $5,502,  received  tor  damages  on  bills  protested,  was. 

Deduct  interest  on  one  year,  -  -  -  **'^?\',!^t'  ?,^ 

Commissions  at  1  per  cent.  -  -     ,    ^    -  '*'00'  "" 

Add  the  difterence  between  41  cts.  per  guilder,  and  40,  the  par 


on  $2,868,588  7.6, 
Deduct  damages  received, 

Amounting  to. 


28,685  88 


$432,786  88 
5.502  00 


$4,606,352  35 
3,399,555  33 


2,278,977  16 


427,284  88 


1,206,797  02 

5,343  17 
32,868  22 


1,851,692  28 


$3,096,700  69 


Treasury  Department,  Register's  Office,  October  22f/,  1803. 

JOSEPH  NOURSE,  Register. 


tt 


54 


FINANCE. 


[1803 


E. 

An  estimate  of  the  Principal  redeemed  of  the  Debt  of  the  United  Stales,  from  the  1st  .^pril,  1801,  to  30th  Sep- 

tember,  1803. 


On  account  of  the  Domestic  Debt. 

The  payments  from  tlie  Treasury  of  the  United  States  were  as  follows: 
From  1st  April,  1801.  to  31st  December  following,      -  -  -  - 

From  1st  January,  1802,  to  31st  December  tollowing. 
From  1st  January,  1803,  to  30th  September  tollowing. 

Deduct  interest  which  accrued  during  the  above  periods,  viz: 
From  1st  April,  1801,  to  31st  December  following,     -  -  $2,633,636  70 

From  1st  January.  1802,  to  31st  December  loUowing,  -  3,451,696  97 

From  1st  January,  1803,  to  30th  September  tollownig,  -  2,538,378  91 


Total   interest  which  accrued,  calculated  on  the  real  amount  of  principal,  at  the 
several  rates  of  interest,  ..---- 

Paid  on  account  of  principal,         .----- 

Whereof, 
From  1st  April,  1801,  to  31st  December  following,     -  -  -  • 

From  1st  January,  1802,  to  31gt  December  following. 

From  1st  January.  1803,  to  30th  September  tollowing, 

As  above,  .------ 

Payments  made  in  certificates  of  the  debt  of  the  United  States,  on  account  of  lands 

purchased. 
From  1st  April,  1801,  to  31st  December  following,      -  -  -  - 

From  1st  Januaiy,  1802,  to  31st  December  tollowing. 
From  1st  January,  1803,  to  30th  September  following. 

Payments  to  foreign  ofticers,  and  for  certain  parts  of  the  domestic  debt. 
From  1st  April,  1801,  to  3Ist  December  following,      -  -  -  - 

From  1st  January,  1802,  to  31st  December  following. 
From  1st  January.  1803.  to  30th  September  tollowing. 

Payments  on  account  of  domestic  loans. 
From  1st  April,  1801.  to  31st  December  following,      -  -  -  - 

From  1st  January,  1802,  to  31st  December  following. 

Payments  on  account  of  the  Dutch  debt. 
From  1st  April.  1801,  to  31st  December  following,      -  -  -  - 

F/oin  1st  January,  i802,  to  31st  December  following. 
From  1st  January,  1803,  to  30th  Septembei-  tollowing, 


$3,613,378  65 
4,618,021  39 
3,033,828  76 


11,265,228  80 


Interest  and  commissions,  viz: 

Fnmi  1st  April,  1801,  to  31st  December  following. 
From  Isl  January,  1802,  to  31st  December  following. 
From  1st  January.  1803,  to  30th  September  following, 


Guilders.  Dolls. 

616,352  10=246,541 
1.156.827  10  =  462,731 
917.080        =  366,832 


To  which  add — 

The  dift'erence  between  41  cts.  per  guilder,  and  40,   the 

par  on  6,689,779  3  14  ■  -  60,897  79 

Deduct  therefrom,  the  dift'erence  between  39  and  40  cents 

per  guilder,  on  890,364,  •■  -  -     8,903  64 


1,076,104 


57.994   15 


Damages  received,  deduct        -  -  -  - 

Leaves  the  total  to  be  deducted  for  interest  and  commissions. 


1,134,098  15 
11,910  78 


8,023,712  58 


979,741   95 

1,166,324  42 

495,449  85 


3,641,516  23 


23,816  58 

15,518  49 

4,604  59 


18,235  66 
22,961  76 
19.026  21 


700,000  00 
1,290,000  00 


1.306,726  59 
3,240,399  25 
1,819,386  73 


$6,366,512  57 


-   I     1,122,187  37 


Deduct  also,  certain  bills  of  CKchaiiM,  returned  under  protest  for  non   payment, 
and  in  a  way  of  recovery,  but  which,  not  being  applied,  is  deducted — 

Guilders.  140,000,  cost,  ------ 


Amounting  to 


S5,244.325  20 
$56,000  00 


2,641,516  22 


43,939  66 


60,223  63 


1,990.000  00 


5,188,325  20 


$9,924,004  71 


Treasury  Department,  Register's  Office,  October  22d.  1803. 

JOSEPH  NOURSE.  Register. 


1803.] 


STATE   OF   THE   FINANCES. 


55 


Note  to  Statement  E. 


From  tke  amount  of  debt  redeemed  from  the  1st   April,  1801,  to  the  30th  Septem- 
ber, 1803,  amounting,  as  per  this  statement,  to  -  -  - 

Deducting  the  amount  redeemed,  from  1st  October,  1802,  to  30th  September,  1803, 
amounting,  as  per  statement  D,  to  - 

Leaves  the  amount  redeemed,  from  1st  April,  1801,  to  30th  September,  1802, 
The  Secretary  of  the  Treasury,  in  his  re|)ortof  the  16th  December,  1802,  states  the 
amount   redeemed,   during  the   same   period,  exclusively  of  1,287,600  dollars, 
bank  debt,  discharged  out  of  the  ni'oceeds  of  bank,  shares,  at  -  - 

To  which,  adding  the  amount  of  bank  debt  thus  discharged, 

Makes  an  aggregate  of  -  -  - 

Making  a  difference  between  this  statement  and  that  of  the  Secretary, 

Arising  as  follows,  viz.: 

I.  The  Secretary,  in  his  report  of  December  18,  1801,  did  not  include  the  follow- 
ing items  of  debt,  discharged  between  the  1st  April,  and  30th  September,  1801, 
to  wit: 

1st.  Payments  to  foreign  officers,  and  on  account  of  certain  parts  of  the  domestic 
debt,  -  -    ,  -.     .  - 

2d.  Payment  on  account  of  the  principal  of  the  domestic  debt,  by  the  reimburse- 
ment of  three  per  cent,  on  the  nominal  amount  of  the  six  per  cent,  and  deferred 
stocks,        -  -  ;  -  -  '..".." 

Which  payment  was  exclusively  of  tiiat  to  the  trustees_of  the  sinking  fund, 
of  $129,048  83,  stated  by  the  Secretary  in  his  report 

3d.  Payment  on  account  of  the  foreign  debt,  arising  from  his  having  estimated  the 
interest  accruing  during  these  six  months,  atone  iialfof  that  tor  the  calendar 
year,  viz:  -  -  -  -  -  -  245,980  50 

Whilst  the  real  interest  accruing  during  said  six  months,  was  -  209,272  00 

II.  The  Secretary,  in  his  report  of  16th  December,  1802, 

1st.  Estimates,  the  interest  accrued  on  the  domestic  debt,  from  1st  October,  1801, 

to  30th  September,  1802,  at  ....  - 

By  the  Register's  calculation,  it  amounted  to  .  -  .  . 

2d.  He  estimated  the  deduction  on  account  of  rate  of  exchange  and  bills  in  suit, 
at  less  than  it  really  was,  -.-..- 

III.  The  Register  has  inserted  in  the  amount  of  this  estimate,  for  a  debt  due  to  the 
United  States,  paid  in  stock,  .  .  .  .  _ 


1 

1 

$9,924  004  71 

- 

3,096,700  69 

6,827,304  02 

$5,339,886  44 
1,287,600  00 

- 

6,627,486  44 

$199,817  58 

17,752  23 

1 

142,271  28 

36,708  50 

196,732  01 

3,470,259  75 
3,464,706  29 

5,553  46 

2,619  22 

2,934  24 

151  33 

$199,817  58 

m 


FINANGE. 


[1803. 


Imports  from  Floridas  and  Louisiana,  for  the  years  ending  on  20th  September,  1799,  1800,  1801,  a?!rf  1803. 


SPECIES  OF  MERCHAXUISE. 


pounds, 


Value  of  goods,  ad  valorem,  dolls. 

Do.  wines,  do. 

Madeira,  sherry,  &c.         gallons. 

All  other  wines. 

Spirits  from  grain. 

Do.  other  materials, 

Do.  domestic  produce,    - 

Molasses, 

Beer,  ale,  and  porter,  - 

Teas, 

t'oftee. 

Chocolate, 

Sugar,  brown. 

Do.       white,  clayed,  - 

Do.       lump. 

Do.       candy  and  loaf. 

Candles,  tallow, 

Do.  wax, 

Cheese, 

Soap, 

Pepper, 

Pimento, 

Tobacco,  (say  cigars)  - 

Snuft", 

Indigo, 

Cotton, 

Nails, 

Lead , 

Cordage  tarred. 

Do.  untarred. 

Twine  and  packthread, 

Salt,  glauber. 

Do. 

Do. 

Coal, 

Boots, 

Shoes, 

Cards,  wool  and  cotton,   dozens. 

Do.       playing,  -      packs. 


cwt. 


pounds, 
bushels, 

pairs. 


Total  value.  Bolls. 


1799. 


60,739 
8,306 

2,527 

240 

39,743 

8,778 


12,011 
4 

751,512 
22,030 


262 
181 

65,016 
842,200 


53 


4,233 


507,133 


1800. 


$26,631 

6,748 

34 
42,579 


1,560,849 
16 


752 

4,504 

136,257 

1,615,265 

135 

25 


5,370 
1 


904,333 


1801. 


$43,262 

1,463 

1,971 

122 

9,615 

448 

1,013 

6,561 

30,623 

150 

957,169 

7,633 

2,231 

596 

897 


2,828 
82 

1,243 
5 

47,740 
2,228,945 

242,928 


176,286 
4,431 


548 

7 

18 


956,635 


Treasury  Department,  Register's  Office,  October  24,  1803. 


1803. 


$76,268 

1,753 
5,360 
1,099 
9,044 

35,051 

611 

1,137 

100,934 

1,170 

1,567,117 

9,134 

474 

208 

614 

5 

65 

10,862 

1,454 

2,193 

1,878 

21 

60,063 

1,931,538 

2,330 

208,427 


143,687 

2,733 

306 

1 

148 

78 
595 


1,006,314 


JOSEPH  NOURSE,  Register. 


G. 


'     Value  of  the  Exports  of  Foreign  and  Domestic  Produce  to  Floridas  and  Louisiana,  from  the  Atlantic  States,  for  the 

years  ending  on  30th  September,  1799,  1800, 1801,  and  1803. 


1799. 

1800. 

1801.                                    1803. 

Foreign. 

Domestic. 

Foreign. 

Domestic. 

Foreign. 

Domestic. 

Foreign. 

Domestic. 

Massachusetts,  - 

New  York, 

Pennsylvania,    - 

Delaware, 

Maryland, 

Virginia, 

North  Carolina,  - 

South  Carolina.  - 

Georgia, 

74,630 

3,188,038 

331,635 

6,340 

316,165 

96,961 

244,449 
8,150 

5,767 

357,101 

25,933 

6,502 

10.928 

1,813 
31,353 

8,527 

19,482 
928,085 
404,806 

39,065 
193,358 

61,903 

158,528 

13,993 
135,663 

49,090 
4,561 

15,657 
4,067 
2,174 

14,235 

11,318 

215,686 
649,477 
496,064 
9,001 
224,389 

176 
176,001 

38,990 

33,133 

33,335 

1,546 

5,947 

1,307 
33,047 

233,768 

449,519 

300,178 

5,006 

93,998 

68,338 
14,793 

47,819 
50,367 
19,546 

1,773 
12,317 

1,711 

14,124 

22,554 

Dolls. 

3,056,268 

447,834 

1,795,137 

340,663 

1,770,794 

137,304 

1,054,600 

170,110 

Treasury  Department,  Register''s  Office,  October  24,  1803. 

JOSEPH  NOURSE,  Register. 


1803.] 


STATE    OF    THP]    FINANCES. 


.57 


H. 


Exports  to  Floridas  and  Louisiana,  for  the  years  endiug  on  the  SOth  September,  1709,  1800,  1801,  and  180-2. 


SPECIES  OF  MERCHANDISE. 


Ashes,  pot, 
Apples,     . 

Beer,  porter,  anil  cider. 
Do.        do.  do. 

Beef,        . 
Biscuit,  or  ship  bread. 

Do. 
Barley,     . 
Bran  and  siiorts, 
Beans, 
Butter,      . 
Boots, 
Bricks, 
Corn,  Indian 
Cheese,     . 
Coffee, 
Chocolate, 
Cotton,     . 
Candles,  wax. 

Do.     spermaceti, 

Do.     tallow,     . 
Cables  and  cordage. 
Cards,  wool  and  cotton, 

Do.    playing. 
Copper  antl  brass  manufactured 
Coaches  and  other  carriages, 
Flour, 
Fish,  dried 
Do.  pickled 
Do.        do. 
Furniture,  household 
Flaxseed, 
Flax, 

Gunpowder, 
Hats, 

Hams  and  bacon, 
Hairpowder, 
Hemp, 

Horned  cattle, 
Horses, 
Hogs, 
Iron,  pig 
Do.  bar 
Do.  castings. 
Do.  manufactured. 
Lard, 
Leather,  ' . 
Lead, 

Meal,  Indian 
Mustard, 
Medicinal  drugs, 
Merchandise, 
Oil,  linseed, 
Do.  spermaceti, 
Do.  whale,  &c.     . 
Oats. 
Peas, 
Pork, 
Pitch, 
Potatoes, 
Rice, 
Rosin, 
Spices,  pepper,    . 

Do.    pimento. 

Do.    all  other, 
Spirits,  foreign 

Do.    domestic  from  foreign 

Do.        do.        from  domestic 
Shoes  and  slippers. 
Skins  and  furs,  value, 
Saddlery, 
Starch,       . 
Soap, 
Sugar,  brov/n  and  other  clayed 

Do.  refined 
Salt, 
Snuff, 
Tobacco,  manufactured. 

Do.        unmanufactured. 
Tallow,     . 
Tar, 
Turpentine, 

Do.        spirits  of 


tons, 

barrels, 

gallons. 

dozen, 

barrels, 

do. 

kegs, 
bushels, 

do. 

do. 
pounds, 

pairs, 
number, 
bushels, 
pounds, 

do. 

do. 

do. 

do. 

do. 

do. 

cwt. 

dozen, 

packs, 

dollars, 

do. 
barrels, 
quintals, 
barrels, 

kegs, 
dollars, 
bushels, 
pounds, 

do. 
dollars, 
pounds, 

do. 

cwt. 
number, 

do. 

do. 
tons, 

do. 
dollars, 

do. 
pounds, 

do. 

do. 
bushels, 
pounds, 
dollars, 
dollars, 
gallons, 

do. 

do. 
bushels, 

do. 
barrels, 

do. 

bushels, 

tierces, 

barrels, 

pounds, 

do. 
dollars, 
gallons, 

do. 

do. 

pairs, 
dollars. 

do. 
pounds, 

do. 

do. 

do. 
bushels, 
pounds, 

do. 

hhds. 
pounds, 
barrels, 

do. 
gallons, 


20 

2,881 

25,912 

2,429 

956 

80 

2,305 

21 

334 
00,056 

288 

2,690 

51,153 

2,652 

400 

4,500 

1,782 

94,970 

1,212 

28 

4,300 

6,908 

10.703 

1,315 

580 

998 

10,714 


16,460 

44,082 

9,906 


20 

158 

973 

40,205 

89,199 

4,024 

824 

75 


2,614,045 

15 

960 

3,810 

287 
492 

2.805 

1,499 

20 

29,132 

70 

1,200 

78,140 

332 

321 

2,229 

160 

115 

5,520 

111.684 

4,996 

1,993 

42,287 


56 

351 

68 
1,050 


1800. 


3,240 
7,775 
320 
726 
240 
175 

10 

10 

28,998 

716 

22.439 

9.961 

27,343 

70,491 

300 


9,605 

38,836 

76 

528 

5,267 

1,276 

4,356 

943 

150 

94 

5,893 


9,484 

27,232 

2,560 


10 

2.477 
43,551 
37,744 

3,197 

578 

56 

4,904 

1,525,024 

520 

876 

189 

819 

909 
364 

4,511 
26 

11,588 

43.294 

5,209 

2,234 

3,394 


745 

217,530 

3,996 

350 
9,752 


19 

500 

50 


1801. 


2.301 

7.924 

1,019 

59 

12 


5 

120 

26,766 

43 

24,000 

2,235 

43,678 

85.737 

5,318 

1,836,144 

14.990 

3,394 

50.024 

1,310 


1.238 

'6.853 
335 

28 

578 

4,835 


358 

1,778 

89,641 

520 

366 


4 

2,650 

26,429 

17,690 

2,100 

67,930 

524 


1,681,592 


638 

6 

1.238 

12 

406 

231 

6 

23,489 

18.631 
6,099 
3,547 

20,635 
3,852 
3,429 


71,493 

11,833 

300 

1,825 

71.892 
1.086 


1802. 


2,258 

14,351 

1.157 

501 

131 

584 


31 

51,372 

140 

139.300 

39,288 

43,208 

42,669 

5,157 

1,210,080 

55 

1,399 

24.031 

4,943 

168 

261 

1,177 

5,074 

170.093 

380 

489 

163 

27.559 

5 

130 

846 

3,565 

472,554 

4,299 

3,530 

236 

100 

310 

28 
13,421 

45,510 
166,003 

9,092 
18.192 

1,181 


958,299 
1,935 

634 
692 
316 

9,441 

13 

2.816 

356 

80 

850 

250 

2,751 

10.556 

1.212 

32.699 

943 

9.630 

2,212 

117,469 

4,605 

4,107 

80 

5,751 

1,811 

1,837 

476 

98 

95 


58 


FINANCE. 


[1803. 


H — Continued. 


SPECIES  OF  MERCHANDISE. 

1799. 

1800. 

1801. 

1802. 

Tea,  Bohea,         •            •                       •        pounds. 
Do.  Souchdng,  iic.          .            .            ■            <  «'• 
Do.  Hyson,         ....            do. 
Do.  other  green,              ...            do. 
Wax,         .            .            -            .            •            do- 
Wines,  Madeira,              .            .            •        gallons. 
Do.    all  other,              .           •            •           do. 
Do.    bottled,                .           •            •          dozen. 
Wood,  strives  and  heading,         .            .       number, 
Do.    shingles,                 ...            do. 
Do.    hoops  and  poles,               .            •           do. 
Do.    boards,  plank,  &c.             .            .            feet. 
Do.    all  manufactures  of,          .            .        dollars, 

2,100 

3,850 

1,478 

75 

16,627 

7,296 

313,615 

7,831 

124,850 

14,000 

83,600 

432,805 

4,938 

2,231 

553 

8,664 

737 

2,911 

919 

216,975 

5,559 

99,359 

6,000 

23,445 

374,642 

1,424 

949 
7,552 

200 
4,998 

542 

95,516 

1,559 

4,500 

60,000 
953 

2,040 

1,378 

4,327 

3,587 

500 

1,246 

138,807 

2,277 

34,500 

5,000 

82,166 
1,086 

Total  value,        .        Dollars, 

3,504,092 

2,035,789 

3,032,840 

2,821,354 

Treasury  Department,  Register's  Office,  October  iA,  1803. 

JOSEPH  NOURSE,  Register. 


8th  Congress.] 


No.  201. 


[1st    Session. 


REMISSIO'N    OF   DUTIES. 

communicated  to  the  house  of  representatives,  NOVEMBER  14,  1803. 

Mr.  Samuel  L.  Mitchill,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition 

of  William  McAuley  and  John  McJimsey,  in  behalf  of  the  ministers  and  elders  of  the  Associated  Reformed 

Church,  in  North  America,  made  the  following  report: 

The  petitioners  state,  that,  contemplating  the  establishment  of  a  seminary'for  instructing  young  men  in  Christian 
theology,  they  have  imported  a  collection  of  books  for  the  sole  use  of  the  library  of  their  seminary;  their  value  is  two 
thousand  three  hundred  and  sixty-three  dollars,  and  they  have  been  entered  at  the  custom  house  in  New  York. 
The  petitioners  hope,  that,  from  the  encouragement  ot  Christian  literature.  Congress  may  remit  the  duties  payable 
thereon,  in  consideration  of  the  infancy  of  the  institution,  and  the  smallness  of  the  funds. 

To  allow  the  praj^er  of  this  petition,  would,  in  the  opinion  of  the  committee,  involve  the  Legislature  in  an  act  of 
partiality,  or  render  it  necessary  to  exempt  from  impost,  by  a  general  provision,  all  books  of  instruction  for  young 
men  who  destine  themselves  for  the  Christian  ministry.  But,  while  a  sincere  regard  is  shown  for  this  species  of 
literature,  it  ought  to  be  remembered  that  the  Government  must  be  supported,  under  which  those  excellent  studies 
may  prosper;  and  that,  to  this  great  end,  the  friends  and  promoters  of  that  noble  cause  have  never  incurred  the 
suspicion  of  unwillingness  to  contribute  their  moderate  proportion. 

The  committee  feel  a  persuasion  that  the  petitioners  ought  to  have  no  objection  to  render  unto  the  Government 
the  same  duties  which  their  fellow  citizens  of  all  other  denominations  pay,  and  that  they  would  rather  make  an 
exertion  to  raise  a  little  more  money  for  tiiis  purpose,  than  implicate  the  Government  in  the  charge  of  favoritism,  by 
allowing  to  them,  what  is  refused  to  the  people,  generally,  or  of  inducing  it  to  surrender  the  impost  upon  all  similar 
importations  of  books,  by  an  universal  regulation. 

It  is,  therefore,  submitted,  that  the  petitioners  have  leave  to  withdraw  their  petition. 


8th  Congress.] 


No.  202. 


[1st  Session. 


DRAWBACK. 

COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    NOVEMBER    14,    1803. 

Mr.  Samuel  L.  Mitchill,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  memo- 
rial of  Thomas  Ketland,  of  the  City  of  Philadelphia,  made  the  following  report: 

The  committee,  on  inquiry,  learn  that  the  petitioner,  a  merchant  and  citizen,  purchased  a  foreign  built  ship,  in 
partnership  with  two  other  persons,  stated  to  be  also  citizens.  The  vessel  was  bought  in  June,  1799,  in  London, 
and  sailed,  in  the  ensuing  September,  for  Philadelphia;  during  her  passage  she  was  damaged  in  an  action  with  a 
French  ship  of  war,  and  obliged  to  repair  to  Lisbon,  in  distress.  By  this  misfortune  she  was  detained  so  long,  that 
she  did  not  reach  the  river  Delaware  until  May  4th,  1800.  Afterwai'd,  to  wit,  in  July,  1800,  she  was  despached  on 
a  voyage  to  Batayia,  whence  she  returned  in  June,  1801,  with  a  cargo  of  sugar  and  coffee.  It  is  stated  that  the 
property  of  the  said  ship,  called  the  Washington,  has  never  been  changed,  except  by  the  death  of  one  of  the  original 
partners,  and  that  the  title  now  remains  entirely  in  the  two  survivors. 

Such  being  the  historv  and  title  of  the  ship,  the  following  difficulty  arose  on  the  subject  of  a  drawback,  which 
the  owners  expected  on  the  Batavian  sugar  and  coffee,  the  whole  of  which  they,  afterwards,  shipped  in  other  vessels 
to  Europe.  They  calculated  on  receiving  the  whole  of  the  drawback,  with  the  customary  abatement  of  two  and 
a  half  per  cent.  They  were  disapointed,  and  the  reason  , of  their  disapointment  was  this.  On  the  13th  of  May, 
1800,  an  act  had  been  passed,  nearly  two  months  previous  to  the  sailing  of  the  ship,  by  which  it  was  directed  that 
no  part  of  the  a(Wt7«o/ia/ (/wiies,  payable  on  goods,  wares,  and  merchandise,  imported  m  foreign  ships,  should  be 
entitled  to  drawback  on  exportation.    The  collectors  construed  this  section  to  include  all  unregistered  vessels 


1803.]  REMISSION    OF    FORFEITURES. 


59 


helon^ngto  citizens  of  the  United  States,  wlucli,  on  the  13th  of  May,  1800.  wpre  not  furnished  with  sea-letters 
The  slnp  Washington,  havnig  not  any  such  document,  the  drawback  of  the  addilional  ten  per  cent.,  on  the  duties 
imposed  upon  the  sugar  and  coftee,  was  refused,  upon  the  construction  that  thev  had  been  imported  in  a  forei-'n 
built  ship,  not  having  the  customary  sea-  letter,  iS:c.  '  *' 

Congress,  afterward,  by  an  act  passed  Mth  April,  180-2,  enacted  that  the  statute  of  May  13th,  1800,  should  not 
be  considered  to  operate  upon  unregistered  vessels,  owned  by  citizens  of  the  United  Stales  at  the  time  of  the  pass- 
ing thereof;  provided  such  ships  or  vessels  possessed  a  sea-letter,  or  otlier  regular  documents  issued  from  a  custom 
iiouse,  in  the  United  States,  proving  such  vessel  to  be  American  property. 

The  unfortunate  case  of  the  petitioner  was  not  embraced  in  this  liberal  and  retrospective  regulation,  and  he 
now  applies  to  the  National  Legislature  to  allow  him  the  drawback  on  the  addilional  duty,  as  would  have  been 
allowed,  if  the  ship  Washington  had  been  duly  provided  with  a  sea-letter. 

On  this  view  of  the  facts,  the  committee  beg  leave  to  remark,  that,  as  the  act  of  1800  was  passed  on  the  13th 
of  May,  and  the  ship  did  not  sail  for  Batavia  until  July  following,  there  was  time  enough,  alter  the  passin"  of  tiie 
act,  for  the  owners  to  have  procured  a  sea-letter,  and  every  other  document,  before  the  "day  of  her  departure;  that 
they  did  not  take  care  to  provide  their  ship  with  all  the  needful  papers  in  due  season,  is  their  own  lache,and  not  the 
fault  of  the  Government.  It  is  believed,  the  act  of  April.  1803,  did  not  mean  to  extend  its  remedial  operation,  and 
to  retrospect  any  further  than  the  13th  of  May,  1800;  and  the  petitioner's  case  not  coming  within  the  limitation  and 
description  thus  specified,  there  does  not  seem  to  be  even  an  equitable  claim  on  the  Uovernment  for  the  drawback 
of  the  additional  duties;  wherefore,  the  committee  submit  their  opinion,  that  the  prayer  of  the  petition  ought  not  to 
be  granted. 


8th  Congress.]  No.  203.  [1st  Session. 

REMISSION    OF    FORFEITURES. 

COMMUNICATED    TO    THE    HOUSE    OF     REPRESENTATIVES,    NOVEMBER   25,    1B03. 

Mr.  Samuel  L.  Mitchii.l,  from  the  Committee  of  Commerce  and  Manufactures,  on  the  petition  of  Charles  D'Wolfe, 
of  Bristol,  in  the  State  of  Rhode  Island,  made  the  following  report: 

The  petitioner,  on  the  5th  of  June.  1799,  became  bound  as  principal  to  the  United  States  in  an  obligation,  in  a 
penalty  of  4,128  dollars,  to  be  void  on  the  condition  of  exporting  duly  abroad  fifty  eight  hogsheads  one  tierce  and 
eighteen  barrels  of  domestic  distilled  spirits:  this  was  executed  in  the  common  form  directeci  by  the  act  of  March, 
1791.  He  gave  another  bond,  on  the  23d  of  August.  1799,  for  securing  the  fair  exportation  of  one  hundred  and  seven- 
ty-three hogsheads  two  tierces  and  six  barrels  of  domestic  distilled  spirits,  in  the  penalty  of  $13,731  (17  to  be 
forfeited  in  case  of  non-performance.  He  alleges  that  the  conditions  nullifying  the  said  two  bonds  have  been 
complied  with,  by  exporting  the  spirits  in  the  schooner  Lucy,  and  the  snow  Fair  Eliza,  to  the  coast  of  Africa,  and 
unlading  and  landing  them  there,  and  not  unshipping  or  putting  them  ashore  in  any  part  of  the  United  States. 

The  certificates  of  landing  of  this  New  England  rum  in  Africa  were  not  subscribed  by  foreign  consignees  or  ven- 
dees, as  they  ought  to  have  been,  according  to  the  strict  provisions  of  law.  but  by  the  captains  in  their  capacity  ol"  con- 
signees. These  were  accompanied  by  attestations  of  foreign  merchants  in  their  favor,  and  by  confirmatory  affidavits 
of  some  of  the  persons  on  board  the  vessels;  neither  consul,  nor  other  public  agent  of  theUnited  States,  nor  Ameri- 
can merchants,  were  to  be  found  in  the  settlements  to  which  these  voyages  were  made. 

Without  stating  what  species  of  traffic  they  engaged  in,  the  petitioner  alleges  that,  from  the  nature  and  great 
variety  of  it,  joined  to  the  illiterate  and  barbarous  chaiactcr  of  the  inhabitants  who  bought  the  rum  that  certificates 
minutely  correct,  according  to  the  requisition  of  the  statute,  were  not,  and  could  not  be  procured. 

Such  certificates,  as  could  be  obtained  were,  in  due  time,  exhibited  to  the  collector  of  the  customs  in  Newport. 
The  collector,  aware  of  their  informality,  forwarded,  as  was  iiisduty,  a  statement  of  the  facts  to  the  then  Comptroller 
of  the  Treasury. 

The  Comptroller  decided,  after  examination  of  the  case,  that  the  matters  set  forth  in  the  certificate  of  landing 
abroad  were  unsatisfactory:  but,  in  the  exercise  of  that  latitude  of  discretion  officially  allowed  hiin,  he  would  j)er- 
mit  the  petitioner  to  adduce  supplementary  proof.  If  the  petitioner  had  parted  with  the  rum  for  a  valuable  con- 
sideration, it  would  be  easy  for  him  to  tell  what  the  consideration  was:  by  exhibiting  an  invoice  or  manifest  of  the 
return  cargo,  it  was  presumed  that  all  doubts  might  have  been  dispelled  from  th.e  Comptroller's  mind,  and  an 
order  obtained  for  cancelling  the  export  bonds.  The  petitioner,  however,  to  this  day,  has  imposed  upon  himself  the 
strictest  silence  upon  this  head. 

The  bonds  thus  remaining  in  force,  the  attorney  for  the  district  of  Rhode  Island  was,  sometime  thereafter,  directed 
to  put  several  similarly  circumstanced,  with  these  of  the  petitioner,  in  suit.  Actions  were,  accordingly,  commenced 
in  the  district  courts  of  that  State.  In  the  course  of  the  trial,  the  defendants  attempted  to  support  theii- plea  of 
performance  of  the  condition  of  their  bonds,  hy  parole  testimony  and  common  law  evidence:  they  were  informed  by 
the  court  that  this  was  an  issue  under  the  revenue  law,  and  that  the  proof  must  conform  to  the  stature  strictly. 
The  judge  declared  that,  of  the  points  decitled  in  suits  upon  expi>rfation-bonds.  among  others,  were  these:  that  pleas 
might  be  but  in  by  the  defendants  as  in  other  suits:  that,  in  issues  joined,  a  plea  of  performance  could  only  be  substan- 
tiated by  evidence  conforming  to  the  statutes,  and  by  no  other  kinil:  that,  if  the  evidence  conforms  to  the  statutes, 
the  jury  ought  to  find  for  the  defendants,  even  in  opposition  to  the  decision  of  the  Comptroller;  but.  ifthe  evidence 
does  not  conform  to  the  statutes,  the  Comptroller  has  the  exclusive  power  of  discharging  the  bond:and  his  judgiuent, 
in  cases  of  the  kind  then  depending,  was  final  and  conclusive.  Unlurnished  with  statute  evidence,  and  unable  to 
resort  to  collateral  and  circuinforaneous  testimony,  the  defendent  was  unable  to  make  proof  to  the  jury  of  the  per- 
formance of  the  condition  of  his  bond,  and,  of  couise,  a  veidict  was  found  for  the  plaintiff". 

Previous  to  the  proceeding  to  execution,  a  petition  was  presented  to  the  Comptroller,  piaying  that  he  would  direct 
the  bonds  to  be  cancelled,  or  suits  to  be  withdrawn,  or  grant  other  relief.  It  will  be  proper  to  observe,  that  all  the 
proceedings,  hitherto,  had  been  had  under  the  direction  of  the  late  Comptroller;  but  this  petition  was  addressed  to  the 
present  one.  Mr.  Duvall  returned  for  answer,  "that  the  case  of  the  petitioners  having  been  decided  by  his  predeces- 
sor, the  subject  was  not  then  considered  as  open  to  investigation;  and  it  appeared  to  liim  a  proper  subject  for  legis- 
lative deliberation."  This  reply  is  accompanied  with  a  note  in  writing,  that  there  is  a  similarily  of  circumstances 
in  the  cases  of  William  Gardner,  Constant  Tabor,  and  Samuel  Martin,  who  are  sureties  in  other  bonds  mentioned 
in  their  petitions,  which  were  referred  to  this  committee,  by  order  of  the  House,  on  the  first  instant. 

Such  having  been  the  series  of  proceedings  in  the  collector's  office,  in  the  Comptroller's  department,  and  in  the 
district  court,  the  petitionernow  craves  mercy,  and  exoneration  from  the  penalty  of  his  bonds,  from  the  Legislature  of 
his  country. 

The  committee  have  abstracted  this  narrative  as  concisely  as  possible  from  a  volume  of  papers  and  docnments. 
A  considerable  part  of  these  has  been  already  distributed  in  print,  and  to  these,  once  for  all,  they  make  a  general 
reference.     A  variety  of  details,  not  comprehended  in  this  report,  may  be  seen  there. 

There  does  not  appear  to  have  been  partiality,  passion,  or  interestedness,  in  any  part  of  the  proceedings  before 
the  Comptroller  or  district  judge.   On  the  contrary,  in  endeavoring  to  come  at  the  truth,  amidst  obscure  papers,  cover- 


QQ  FINANCE.  -  L1803. 


ill"  mercantile  transactions  on  the  coast  of  Aliica,ltliese  officers  appear  to  have  acted  with  so  much  independence  and 
intelli<'ence,  that  there  does  not  appear  to  be  a  call  for  any  revision,  or,  far  less,  a  censure  of  their  acts  by  Congress. 
To^reverse  the  upright  proceedings  of  those  officers  who  interpret  and  execute  the  revenue  laws,  ought  not  to  be 
attempted  but  with  caution.  If  the  citizens  of  the  United  States  voluntarily  engage  in  a  commerce  beset  with  the  diffi- 
culties stated  by  the  petitioners,  they  ought  not  to  blame  the  Government  or  its  officers  for  the  embarrassments  and 

losses  thev  suffer. 

Thercular  course  of  proceeding  for  the  petitioner,  if  dissatisfied  with  the  decision  of  the  district  judge,  would 
seem  to  ha\e  been  by  applying  to  a  higher  court  for  a  correction  of  the  error,  if  any  had  been  committed,  unless  the 
doctrine  should  be  deemed  sound,  that,  in  the  petitioner's  case,  and  in  the  others  of  a_  similar  nature,  the  Comp- 
troller's decision  on  the  weight  of  the  evidence,  and  the  mode  of  conducting  the  trial,  is  final. 

On  tiu'  whole,  the  committee  do  not  find  sufficient  cause  for  legislative  interference  inthe  petitioner's  behalf. 

The  following  resolution  is,  therefore,  respectfully  submitted  to  the  House: 

Jiesolved,  Tliat  the  petitioner  have  leave  to  withdraw  his  petition,  with  the  papers  accompanying  the  same. 


To  the  Honorable  the  Senate  and  House  of  Bepresentatives  of  the  United  States  in  Congress  assembled,  the  peti- 
tion of  Charles  D"  Wolfe,  of  Bristol,  in  the  State  of  Rhode  Island,  merchant,  respectfully  represents: 

Thac  your  petitioner  was  bound,  as  principal  to  the  United  States,  in  a  bond  dated  the  5th  of  June,  1799,  in  a  pen- 
ally of  lour  thousand  one  hundred  and  twenty-eight  dollars,  the  condition  of  said  bond  being  for  the  due  exportation 
abroad,  of  fifty-eight  hogslieads  one  tierce  and  eighteen  barrels  of  domestic  distilled  spirits,  according  to  the  law  of 
March  3d,  1791,  viz.  That  il'  the  said  spirits,  the  danger  of  the  seas  and  enemies  excepted,  should  be  really  exported 
to,  and  laiiiled  in,  some  port  or  place  without  the  limits  of  the  United  States,  and  should  not  be  unshipped  from  on 
board  the  ship  or  vessel  whereupon  the  same  were  laden  for  exportation,  within  the  said  limits,  or  any  ports  or 
iiarbors  of  tlie  United  States,  nor  landed  in  any  other  part  of  the  same,  shipwreck  or  other  unavoidable  accident 
excepted,  then  the  above  mentioned  obligation  tobe  void,  otherwise,  to  remain  in  full  force  and  virtue.  That  he 
likew  ise  became  responsible  to  the  United  States,  as  principal,  in  another  bond,  for  the  penalty  of  thirteen  thousand 
seven  hundred  and  thirty-one  dollars  and  sixty- seven  cents,  which  bond  was  dated  the  30th  August,  1799,  and  was 
with  condition  for  the  ex'portation  and  delivery  abroad  of  one  hundred  and  seventy-three  hogsheads  two  tierces  and 
six  barrels  of  domestic  distilled  spirits.  Now,  your  petitioner  would  represent,  that  he  has  fully  and  faithfully  com- 
plied with  the  condition  of  said  bonds,  and  has  exported  said  spirits  to,  and  landed  them  on,  the  coast  of  Africa,  and 
that  the  said  spirits  were  not  unshipped  from  on  board  the  schooner  called  the  Lucy,  and  the  snow  called  the  Fair 
Eliza,  whereupon  the  same  were  laden  for  exportation,  within  the  limits,  or  any  port  or  harbors,  of  the  United 
States,  nor  re-landed  in  any  part  of  the  same.  Your  petitioner  would  further  represent  that,  of  such  his  performance 
of  the  conditions  of  said  bonds,  manifold  proofs  and  documents  have  been  produced,  within  the  time  limited  by  law, 
to  the  collector  of  the  port  of  Newport,  tlie  port  of  exportation,  which  proofs,  though  satisfactory  and  convincitig, 
and  substantially  in  conformity  to  the  proof  required  by  law,  were,  nevertheless,  in  some  merely  formal  points,  defec- 
tive; and  the  bonds  having  been  sued,  and  the  evidence,  on  account  of  its  informality,  not  being  permitted  to  pass  to 
the  jury,  judgments  have  been  rendered  against  your  petitioner. 

Now,  your  petitioner  would  represent,  that  the  rejection  of  the  proofs  and  dccuments  above  mentioned,  and  the 
consequent  rendering  of  the  said  judgments,  were  not  by  reason  of  any  defect  imputed  to  them  as  rational  evidence, 
nor  by  reason  of  any  impeachment  ot  their  truth  and  validity,  but  solely  by  reason  of  certain  minute  variations  in 
them,  originating  in  unavoidable  accident,  from  the  forms  required.  That  such  is  the  natuie  of  the  trade,  the  great 
variety,  together  with  the  illiterate  and  suspicious  barbarity  of  the  inhabitants  of  the  country  to  whom  the  spirits 
were  sold,  tiiat  certificates  minutely  correct,  according  to  "the  requisition  of  the  statute,  were  not,  and  could  not  be 
procured.  That  there  is  no  suggestion  against  the  good  faith  of  your  petitioner,  no  fraud  is  charged  or  suspected, 
and  the  fact  of  a  fair  and  true  exportation  of  the  sai<l  spirits  is  admitteil  by  the  officers  of  Government,:  and  as  the 
present  Comptroller  of  the  Treasury  has  intimated  an  opinion  favorable  to  your  petitioner,  and  recommended  his 
case  as  a  proper  subject  for  legislative  deliberation  and  relief,  and  lias  suspended  the  executions  in  these  suits  for  the 
purpose  of  atlbrding  an  opportunity  to  obtain  the  same,  your  petitioner  therefore  prays  that  the  said  bonds  may  be 
directed  to  be  cancelled,  or  discharged,  the  amount  of  said  judgments  to  be  remitted  to  him,  or  such  other  relief 
extended  to  him  as  to  Congress  may  seem  meet  and  proper,  and  Tie,  as  in  duty  bound,  will  ever  pray. 

CHARLES  D'WOLFE. 


8th  Congress.]  No,  204.  [1st  Session. 


FISHING    BOUNTY. 

COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    NOVEMBER    25,    1803. 

Mr.  Samuel  L.  Mitchili,,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  peti- 
tion of  sundry  inhabitants  of  the  town  of  New  Shoreham,  in  the  State  of  Rhode  Island,  made  the  following 
report: 

The  petitioners  (one  hundred  and  five  in  number)  state,  that  they  are  inhabitants  of  Block  Island,  belonging  to 
the  commonwealth  of  Rhode  Island,  and  principally  engaged  in  the  cod  fishery,  for  nine  months  in  the  year.  Owing 
to  the  bleak  situation  of  the  land  they  iiiliabit,  and  the  high  surf  by  which  it  is  almost  incessantly  assailed,  they 
pursue  their  occupation  in  small  craft,  during  the  day,  and  returning  on  shore  at  night,  haul  their  boats  above  the 
reach  and  fury  of  the  waves. 

The  number  of  these  boats  is  stated  to  be  from  thirty  to  forty,  and  under  the  burthen  often  tons;  the  number  of 
fishermen,  nearly  two  hundred;  and  the  quantity  of  fish  taken,  annually,  is  from  ten  to  fifteen  thousand  quintails; 
of  these,  about  half  the  quantity  is  barrelled  and  pickled,  and  the  other  half  dried. 

By  the  first  section  of  the  act,  concerning  certain  fisheries  of  the  United  States,  and  for  the  regulation  and 
government  of  the  fishermen  employed  therein,  there  is  paid  a  bounty  on  the  tonnage  of  vessels  employed  in  the 
fisheries;  wliich  bounty  is  intended  as  a  commutation  and  equivalent  for  the  drawback  of  the  duties  paid  on  the 
salt  used  in  preserving  such  dried  fish.  There  are  different  rates  of  bounty  on  boats  and  vessels,  from  five  to  thirty 
tons  and  upwards.  By  the  83d  section  of  the  collection  law,  it  is  provided  that,  tor  pickled  fish,  exported,  there 
shall  be  paid  thirty  cents  a  barrel,  in  lieu  of  a  drawback  upon  the  salt  employed. 

As  the  existing  law  does  embrace  all  boats  of  more  than  five  tons,  and  the  petition  does  state  their  boats  to  be 
under  ten  tons,  it  is  to  be  presumed  that  a  considerable  number  of  their  boats  are  already  on  a  footing  with  the  boats 
of  the  other  parts  of  the  Union;  but  the  petitioners  are  desirous  of  procuring  the  same  advantage  to  boats  under  five 
tons.  This  is  what  your  coinmittee  do  not  think  eligible,  as  it  would  be  attended  with  more  trouble  than  emolu- 
ment: neither  can  your  committee  agree  to  allow  them  a  bounty  on  dried  fish,  because,  if  the  measure  is  not  gene- 
ral, it  would  open  a  door  to  frauds  on  the  revenue:  therefore,  concluding  that  it  would  be  more  proper  for  the  peti- 
tioners to  employ  boats  ot  the  burthen  contemplated  by  law,  than  for  Government  to  legislate  for  boats  of  smaller 
size,  the  following  resolve  is  submitted,  to  wit: 

That  it  is  not  expedient  to  make  provision,  by  law,  for  allowing  the  petitioners  a  bounty  for  dried  fish,  caught 
in  boats  of  smaller  capacity  than  five  tons. 


1803.1  ENCOURAGEMENT    TO    MANUFACTURES. 


61 


8th  Congress.]  No^   205.  [1st  R^issioN. 


OFFICE  OF  COMMISSIONER  OF  LOANS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVKS,  DECEMBER  8,  1803. 

Mr.  John  Randolph,  Jr.  from  the  Committee  of  Ways  and  Means,  who  were  instructed  to  inquire  into  the  expedi- 
ency of  discontinuing  the  office  of  Commissioner  of  Loans,  in  the  different  States,  made  the  followins;  report: 
That,  conceiving  this  establishment  may  be  considered  as  a  part  of  the  contract  between  the  public  and  its 
creditors,  wliich  is  contained  in  the  act  "  making  provision  for  the  debt  of  the  United  States,"'  passed  (he  Itii  tlay 
of  August,  1790;  believing  that  the  abolition  of  the  loan  offices,  by  impeding  the  facility  of  transferrins  (he  debt,  may 
tend,  in  some  degree,  to  impaiiits  value:  unwilling  to  advise  a  measure  which  may,  in  any  manner,  however  remote 
affect  the  public  creclit,  or  which  may  be  construed  into  a  breach  of  the  public  faith,  the  committee  respectfully  re- 
commend the  following  resolution: 

Resolved,  That  it  is  inexpedient  to  discontinue  the  office  of  Commissioner  of  Loans  in  the  several  States. 


8th  Congress.]  No.    206.  [ist  Session. 


ENCOURAGEMENT  TO  MANUFACTURES. 

OOMiMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  9,  1803. 

To  the  Honorable  the  Senate  and  House  of  Representatives  of  the  United  States,  the  memorial  of  the  subscribers, 
artisans  and  manvfaeturers  of  Philadephia,  respeclfully  showeth: 
That  in  every  country  there  is  an  inseparable  connexion  betwixt  the  mamifacturiiig  and  (he  duties  on  foreign 
merchandise,  insomuch,  that  some  of  the  greatest  statesmen  have  made  the  im|)osts  a  political  engine,  to  be  used  for 
the  introduction  or  protection  of  the  arts:  for,  as  Rousseau  observes,  in  his  "  Political  Economy,'''  "  It  belongs  only 
to  the  real  statesman  to  elevate  his  views,  in  the  imposition  of  taxes,  above  the  mere  object  of  the  finances,  Imd  to 
transform  those  burthens  into  useful  regulations." 

After  the  peace,  and  during  the  Confederation,  the  confusion  that  reigns  in  (hat  branch  of  finance,  by  each  State 
having  different  objects  in  view,  rendered  the  manufiicturing  interest,  at  that  time,  precarious  and  uncertain.  Since 
the  adoption  of  the  constitution,  and  that  the  imposts  have  been  transferred  to  the  Kederal  Government,  it  is  to  the 
wisdom  of  Congress  alone  that  your  memorialists  have  to  look  up  for  protection. 

It  is  with  deep  concern,  however,  that  your  memorialists  have  to  represent,  that,  during  the  long  period,  from 
the  peace  which  terminated  our  Revolutionary  war,  to  the  present  time,  they  have  seen  the  wealth  of  the  nation  sent 
to  foreign  countries,  to  purchase  a  thousand  articles  which  can  be  as  well  manufactured  at  home;  and  of  which,  na- 
ture has  abundantly  supplied  us  with  the  raw  materials. 

Among  that  immense  number  of  articles,  even  of  the  first  necessity,  manufactured  for  the  United  States  by 
foreign  nations,  theie  are  very  few  that  could  not  be  produced  by  our  ow"ii  citi/.ens,  upon  equal  terms,  if  they  were 
not  prevented  by  some  of  the  following  reasons:  1st.  Foreign  "fashion.  2d.  Our  markets  being  constantly  over- 
stocked with  foreign  goods.  3d.  The  unjust  competition  which  we  are  obliged  to  sustain  with  foreign  manufac- 
turers. 4th.  The  expense  necessarily  attending  the  commencement  of  complicated  manufactories.  And,  Sthly,  Du- 
ties injudiciously  laid  on  raw  materials,  or  goods  partially  manufactured.  On  each  of  these  your  memorialists  beg 
leave  to  state,  what  ha^-  come  within  their  own  knowledge  and  observation.     And, 

1st.  The  articles  that  are  affected  by  foreign  fashion,  are  jjrincipally  clothing,  and  more  especially  fabrics  of 
cotton.  Our  manufacturers  of  that  article,  in  the  trials  that  have  already  been  made,  find  it  impossible  to  keep  pace 
with  tlie  changes  introduced  by  the  new  patterns  from  foreign  nations;  they  are,  therefore,  confined  to  those  articles 
which  bear  very  little  profit,  for  which  low  wages  are  given;  and  have  continually  the  mortification  of  seeing  them- 
selves excluded  from  the  most  profitable  branclies  of  the  trade,  and  their  goods  rejected  by  the  citizens  of  America, 
as  unfashionable. 

3d.  Our  stores  being  constantly  glutted  with  foreign  goods,  is  another  very  great  obstruction  to  an  incipient  or 
even  an  established  manufitcture.  The  greater  part  of  the  manufactures,  of  which  iron,  silk,  wool,  cotton,  or  fiax, 
are  the  raw  materials,  ought  to  be  established  in  the  interior  of  the  country,  where  provisions,  house  rent,  and  fuel, 
are  cheap;  it  is,  therefore,  necessary  that  there  should  be  a  middle  man  betwixt  the  consumer  and  the  manufac- 
turer, that  the  latter  may  not  waste  his  time  in  seeking  for  customers:  these  are  the  store  keepers,  w  holesale  or  re- 
tail, who  inhabit  the  towns  and  sea  ports.  Now,  it  is  evident,  that,  if  a  foreign  manufacturer  shall  be  permitted  to 
keep  these  people  with  a  constant  supply  of  goods,  and  give  then\  long  credit,  it  will  be  impossible  for  the  citizen, 
with  a  small  capital,  to  persuade  the  store  keeper  to  purchase  his  goods  for  ready  money;  and  if  he  applies  immedi- 
ately to  the  consumer,  tlie  time  that  he  wastes,  in  a  country  where  the  population  is  diffused,  forces  him  to  demand 
an  extraordinary  price,  or  fix  himself  in  a  large  town,  where  house  rent,  fuel,  &c.  eat  up  the  profits  of  his  labor. 

3d.  The  competition  that  the  manufacturingcitizensof  the  United  States  are,  by  the  laws  of  the  country,  obliged 
to  sustain  with  the  maimfacturers  of  a  foreign  nation,  is,  in  the  opinion  of  your  memoralists.  unjust,  inasmuch  as 
the  finished  articles  of  our  infant  manufactures,  produced  from  raw  materials  found  in  the  United  States,  such  as 
works  of  copper,  iron,  lead,  earth,  glass,  cotton,  wool,  wood,  fur,  btme,  hoi'n,  and  leather,  are  generally,  either  pro- 
hibited in  foreign  countries,  or  duties  imposed  far  greater  than  is  paid  on  the  like  goods  coming  into  the  United 
States;  so  that  there  is  no  encouragement  to  attempt  to  excel  foreign  manufacturers:  for.  in  spite  of  the  greatest  ex- 
ertions, still  the  consumption  must  be  confined  to  the  United  States.  If  any  difference  were  to  be  made  betwixt 
two  competitors,  it  ought  to  be  in  favor  of  the  weakest;  and  an  infant  manufacture  nmst  have  some  protection,  to 
enable  it  to  contend  with  an  old  establishment.  Your  memorialists  are,  however,  under  the  painful  necessity  of 
stating,  that,  in  the  United  States,  the  reverse  of  this  takes  place.  In  several  instances,  especially  in  hats,  shoes, 
paper,  and  saddlery,  manufactures  which  have  arrived  to  as  high  perfection  as  in  any  country,  in  spite  of  foreign 
competition;  they  are,  however,  not  permitted  into  (he  country  of  our  competitors,  while  theirs  are  still  admitted 
here,  and  gain  sometimes  a  temporary  advantage  over  our  manufacturers,  which  they  are  not  able  to  recover  for 
many  years,  owing  to  a  fluctuation  in  the  price  of  manual  labor,  or  of  the  raw  material,  or  the  necessaries  of  life. 
But  to  whatever  state  of  perfection  our  mainifiictures  may  arrive,  and  however  low  we  may  be  enabletl  to  sell  them, 
we  never  can  contend  svith  our  competitors  in  their  own  markets,  or  put  them  to  temporary  inconveniency,  be- 
cause they  totally  prohibit  us  from  their  markets.  And  in  those  manufactories  which  require  great  capitals,  and  a 
9  tt  ' 


Q2  ■      .      FINANCE.  [1803. 

combination  of  talents,  our  competitors  in  foreign  countries  have  us  altogether  at  their  mercy:  or  rather,  the  word 
competitor  is  perversion  of  the  term;  for,  wherever  one  party  is  laid  prostrate  at  the  feet  of  the  other,  there  is  an  end 
to  competition. 

4th.  The  next  obstacle  is  the  expense  necessarily  attending  the  commencement  of  complicated  manufactories. 
Where  an  article  must  pass  through  the  hands  of  several  ingenious  artists,  before  it  is  fit  for  the  market,  the  expense 
of  collecting  tiio<e  artists  must  be  considerable.  The  time,  too.  that  is  taken  up  to  bring  die  materials  from  a  raw  state 
to  be  fit  for  sale,  must  reejuire  an  additional  capital,  wiiich  no  man  would  risk,  unless  the  consumption  of  his  fellow- 
citi/-ens  were  secured  to  him.  and.  at  the  same  time,  defended  from  every  species  of  competition,  but  what  he  can 
see,  and  wliose  strength  he  can  measure,  (viz:)  with  his  fellow  citizens  only.  If  an  insidious  foe  is  liable  to  come 
upon  him  in  the  dark,  and  in  the  guise  of  fashion,  it  would  be  the  extreme  of  folly  to  venture  his  capital. 

otii.  Your  memorialists  conceive,  that  the  injudicious  imposition  of  duties  on  raw  materials,  or  goods  partially 
manufactured,  and  in  some  cases  a  freedom  from  duty,  er|ually  injurious  to  the  arts,  merit  the  attention  of  Congress. 
Among  the  first,  may  be  reckoned,  rags  for  making  paper,  the  bark  of  the  cork  tree,  &c.  and  among  the  latter,  wire 
of  all  kinds,  as  being  an  article  for  which  (he  United  States  ought  not  to  depend  on  a  foi'eign  country,  especially  as 
iron  of  the  best  kind  is  found  here  in  abundance. 

It  is  a  position,  th  it  will  n'lt  be  denied  by  the  greatest  enemies  to  domestic  manufacturing,  that,  as  soon  as  any 
particular  branch  shall  be  established,  foreign  goods  of  the  same  kind  ought  to  be  prohibited  or  discouraged;  and 
this  is  certainly  the  case  with  every  manufactory  of  leather  and  fur:  and  yet  your  memorialists  would  be  glad  to  know 
by  what  mode  of  reasoning  it  c;n  be  made  to  appear,  that  the  hatter  antl  shoemaker,  who  have  spent  their  youth  in 
acquiring  those  arts,  should,  every  five  or  six  years,  be  ruined  by  an  excessive  importation  of  Ibreign  hats  or  shoes, 
which  perhaps  may  be  the  remaining  estate  of  some  European  bankrupt.^ 

The  enemies  to  the  manufacturing  system  have,  at  diffiirent  times,  brought  forward  objections,  which,  to  men  fuHy 
acquainted  with  that  branch  of  industry,  hardly  deserve  notice;  but,  as  there  are  others,  with  the  best  intentions, 
who  are  true  iiiends  to  flic  prosperity  of  these  States,  who  may  be  led  away  by  these  specious  objections,  or  rather 
imaginary  obstacles,  we  shall  mention  them,  not  with  any  intention  of  entering  into  a  serious  refutation,  but  only  to 
shew  their  insignificance.  1st.  They  say  "■  this  country  is  too  j/omn^' to  begin  the  manufactory  of  clothing  for  the 
citizens."  In  the  progress  of  every  original  country,  (colonies  excepted)  the  manufactory  of  clothing  has  always 
preceded  every  thing  else,  even  agriculture  itself.  But  your  memorialists  cannot  help  expressing  their  opinion,  that 
agriculture  and  the  manufacturing  arts  ought  neither  to  precede  or  be  behind  each  other:  that  they  were  destined 
for  mutual  protection  and  support;  of  which  the  history  and  present  state  of  all  nations  bear  ample  testimony.  The 
flourishing  state  of  ;:griculture  must  always  be  in  proportion  to  the  population:  and  population,  on  any  given  terri- 
tory, IS  in  proportion  to  the  manufacturing  arts,  or  the  kind  ot  labor  in  which  the  people  are  employed.  Already, 
in  some  parts  of  the  New  England  .States,  emigration  is  necessary  to  carry  off  the  superabundant  population;  and  it 
would  be  an  injustice  done  to  the  land  holders  of  that  part  of  the  Union,  if  they  were  prevented  from  pursuing  that 
line  of  industry,  which,  by  preserving  the  population  to  the  State,  would  enhance  the  value  of  their  property.  And 
we  have  no  hesitatiim  in  saying,  that  it  will  be  bad  policy  indeed,  when  the  United  States  shall  retard  the  pros- 
perity of  the  most  ancient  and  most  populous  States,  for  no  other  reason  than  that  the  new  States  are  not  equally 
forward  in  point  of  population,  agriculture,  &c.  There  is  no  fact  better  authenticated  than  this,  that  several  of  the 
States  have,  from  a  multiplicity  of  causes,  fiir  outstripped  others  in  the  progress  towards  that  state  of  society  in 
which  all  the  three  great  branches  of  national  industry  are  combined,  viz.  agriculture,  manufactures,  and  com- 
merce; and  it  is  equally  true,  that  not  one  of  them  have  been  permitted  to  exert  the  force  of  their  faculties,  or  call 
forth  the  industry  of  tlieir  citizens,  but  have  been  uniformly  retarded  and  checked  in  their  career,  by  United 
States'  policy,  and  its  fiscal  regulations.  In  the  great  towns,  we  see  all  the  evils  attendant  on  luxury — such  as  pride, 
idleness,  and  dissipation,  without  any  of  the  benefits  and  advantages,  which,  by  political  writers,  have  been  ascribed 
to  it:  as,  that  it  makes  the  rich  contribute  to  the  ingenious  poor;  calls  forth  fcilents,  and  circulates  the  wealth  of 
a  nation.  But  no  such  good  can  attend  luxury  in  America:  instead  of  circulating  the  wealth  of  the  nation,  it  trans- 
fers it  to  fiireign  Powers,  and  gives  them  the  sinews  of  war,  only  to  menace  our  peace  and  disturb  ourtranquillity. 

It  has  been,  also,  objected  to  manufactures,  "  that  they  would  retard  or  prevent  the  po()ulation  of  the  Western 
wilderness."  As  if  the  prosperity  of  the  citizens,  in  old  established  situations,  were  to  be  sacrificed  to  new  projects 
and  land  speculators.  Every  migration  must  be  a  loss,  and  not  a  gain,  to  the  American  nation  at  large.  What  the 
Western  States  gain,  the  Eastern  lose,  and  so  far  there  is  a  balance;  and  the  real  loss  is  in  die  act  of  migration: 
the  trouble,  the  change  of  climate,  and  a  thousand  other  inconveniences,  which,  in  a  national  scale,  must  be  a  loss. 

The  health  of  the  citizens  has  been  considered  as  in  danger  by  the  sedentary  life  of  manufacturers;  but  your 
memorialists  know  of  no  manufactory  which  can  be  called  a  sedentary  employment,  except  the  clerks  necessary  to 
keep  the  accounts;  and,  as  far  as  it  regards  them,  the  objection  will  apply  to  merchants  as  well  as  manufacturers. 
It  is  true,  in  foreign  countries,  where  the  Government,  the  law,  and  the  employer,  are  all  in  combination,  or  rather 
conspiracy,  against  the  employed,  poverty,  and  its  concomitant,  disease,  must  be  very  fre((uent  among  the  people  em- 
ployed, not  only  in  manufactories,  but  among  the  peasantry  or  cultivators  of  the  ground:  and  to  whatever  deplora- 
ble condition  artisans  may  be  reduced,  in  these  Governments,  the  cultivators  of  the  soil  are  still  worse:  for,  to  every 
other  species  of  misery,  ignorance  must  also  be  added. 

Objections  have  been  also  made  to  arts  and  manufactories,  on  account  of  the  supposed  lucr,  which  is  said  to  be 
found  in  manufacturing  towns.  A  considerable  number  of  your  memorialists  have  seen  the  manufacturing  towns  of 
Europe,  and  are  convinced  that  the  greatest  poition  of  virtue  is  to  be  found  there;  and  that  ten  times  the  number 
of  crimes  are  committeil  near  courts  and  in  seaports,  that  are  committed  in  manufacturing  towns.  In  a  word,  if  we 
may  judge  from  the  state  of  society  in  Europe,  artisans  and  manufacturers,  oppressed  as  they  are,  are,  nevertheless, 
the  most  virtuous  and  the  most  intelligent  class  in  civil  society.  In  a  letter  from  Mr.  Colquohoun,  of  London,  to 
Mr.  Eddy,  of  New  York,  author  of  the  treatise  on  the  prisons  of  that  city,  we  find  the  following  observations: 
"From  the  lacts  you  have  disclosed,  relative  to  the  criminal  offences  committed  in  the  city  of  New  York,  I  am  in- 
duced to  enlarge  upon  this  subject.  They  appear  to  me  to  be  of  a  magnitude  to  excite  a  considerable  degree  of 
alarm,  with  respect  to  the  degree  of  criminality  in  the  American  towns,  inasmuch  as  it  would  appear,  that  they 
greatly  exceed  the  larcenies  and  misdemeanors  committed  in  towns  in  Great  Britain,  of  an  equal  or  even  a  greater 
population;  and,  although  I  have  not  had  an  opportunity  of  ascertaining  the  fact,  I  have  an  impression  on  my 
mind  that  the  annual  convictions  in  the  whole  of  Scotland,  where  population  approaches  two  millions  of  people,  are 
short  of  those  which  take  place  yearly  in  the  State  of  New  York." 

The  last  objection  that  we  shall  notice,  is,  "  That  Government  ought  not  to  grant  any  special  privilege  or  pro- 
tection to  any  part  or  portion  of  the  national  industry,  more  than  to  another;  and  if  any  manufactory  will  not  take  root 
of  itseK,  It  shows  it  is  not  fit  for  our  climate  or  state  of  society,  and  ought  not  to  be  cultivated  here."  To  which 
your  memorialists  beg  leave  to  answer,  that  this  objection  can  only  hold  good  in  the  case  of  a  simple  manufactory, 
which  IS  begun  and  finished  by  the  ingenuity  of  one  man,  and  where  the  market  for  the  ready  sale  of  the  article  is 
at  hand,  and  does  not  require  the  interposition  of  the  merchant  to  dispose  of  it,  at  a  distance  fiom  the  manufactory; 
but,  in  all  complicated  arts,  where  a  combination  of  skill,  and  a  combination  of  capital,  too,  is  absolutely  necessary, 
It  will  be  found,  that  this  never  has,  and  we  presume  never  will  be,  obtained,  but  by  the  fostering  care  of  Government. 
And.  i(  we  inquire  what  other  nations  have  done  in  similar  circumstances,  we  shall  find,  that  those  who  have  given 
the  greatest  enci.uragement  to  the  complex  manufactories,  have  been  the  most  successful,  the  most  wealthy,  and 
pov.-erfnl;  and,  although  the  English  Government  has  always  been  unwilling  to  let  her  artisans  know  that  it  was 
to  them  she  owed  her  greatness,  and  has  insidiously  ascribed  it  to  her  na\'y,  to  her  commerce,  to  her  insular  situa- 
tion, to  her  sod,  to  her  climate,  to  the  constitution  of  her  (iovernment,  and  a  number  of  other  secondary  or  auxili- 
ary causes,  your  memorialists  are  convinced  that  she  is  indebted  for  her  greatness  and  power  to  the  well  directed 
industry  of  her  artisans  and  manufacturers;  and  your  memorialists,  it  is  hoped,  will  not  be  blamed  for  trespassing 
on  ttie  time  of  your  honorable  body,  by  shewing  what  that  nation  has  done  for  her  manufactories. 

By  the  statute  3  Ed.  iV.  c.  I,  no  merchant  or  other  person  shall  bring  into  the  kingdom,  to  be  sold  within  the 
realm,  any  of  the  following  goods,  viz.  woollen  cloths,  laces,  ribbons,  silk  in  any  wise  embroidered,  sadtlles,  stir- 


1803.]  ENCOURAGEMENT    TO    MANUFACTURES.  gg 

lups,  harness,  things  wrouglit  of  tawed  leather,  shoes,  hats,  locks  of  any  kinti,  &c.  &c.,  upon  pain  to  forfeit  the  same 
as  often  as  they  may  be  found  in  the  hands  of  any  person,  to  be  sold,  lialf  to  the  king  and  lialf  to  the  seizer.  This 
statute  was  confirmed  by  19  Hen.  VIl.  c.  '21.  And,  upon  consideration  that  white  ashes,  made  within  the  realm, 
are  very  necessary  for  the  making  of  soap  and  saltpetre,  and  foi-  whitening  of  linen  cloth,  and  scouring  of  woollen, 
&.C.  therefore,  it  is  enacted  tiiat  no  person  shall  ship,  or  carry  beyond  sea,  any  white  ashes,  on  pain  of  forfeiting  sir: 
shillings  and  eight  pence  for  every  bushel:  :i  Kd.  VI.  c.  26.  And  to  preserve  the  wool — rams.  lambs,or  sheep,  aVive, 
are  prohibited  to  be  carried  out  of  the  realm,  upon  pain  that  every  oHi-nder  shall,  foi-  the  first  offence,  lose  all  his 
goods,  and  also  sufter  one  year's  imprisonment,  and  have  his  left  hand  cut  off:  8  Eli'/.,  c.  3.  And  the  statute  13 
Char.  II.  c.  3-2,  ordains  tiiat  no  person  shall  export  any  sheep,  or  wool,  yarn  made  of  wool,  >vo(>I  fiocks,  or  fuller's 
earth,  on  pain  of  lorl'eiture,  &c.  And,  fi)r  the  protectiosi  of  manufactures  of  leather,  it  is  enacted  by  tiie  13  and  14 
Char.  II.  c.  7,  that  no  person  shall  carry  out  ot  England,  the  skins  oi-  hides,  tanned  or  unfanncd,  of  any  ox,  steer, 
bull,  cow,  or  calf,  under  a  penalty  of  .500  pounds.  And  the  statutes  13  and  11  Char.  II.  c.  It),  piolubits  the  impor- 
tation of  card  wire,  or  iron  wire  employed  in  making  wool  cards:  that  no  part  of  their  woolK-n  maiuifactoiy  might 
depend  upon  foreign  nations.  And  for  encouraging  the  manufactories  of  the  kingdom,  it  is  enacted,  by  tlie  statute  11 
and  12  Wm.  III.  c.  10,  that  all  wrought  silks.  Bengals,  and  stutts,()f  (he  manufacture  ot  Persia.  China,  or  the  East 
Indies,  and  all  printed,  stained,  and  dyed  calicoes,  which  shall  be  imported,  shall  not  be  worn  in  the  kingdom:  but 
shall  be  entered  and  carried  to  ware  houses  appointed  by  the  commissioners  of  the  customs,  in  order  for  exportation, 
and  not  taken  thence,  but  on  security  given  that  they  shall  be  exported.  It  was  by  such  protecting  statutes,  and  a 
multitude  of  others,  that  England  created  her  extensive  inanulactories,  which  multiplied  the  objects  of  commerce, 
and  laid  the  foundation  of  that  navy,  which,  at  this  day,  gives  laws  to  the  maritime  world.  And  an  English  author, 
who  wrote  upon  the  trade  of  that  nation  fi)rty  years  ago,  says,  "  What  is  of  the  utmost  consequence  to  England,  is^ 
that,  by  laying  higii  duties,  we  are  always  able  to  check  the  vanity  of  our  people,  in  their  extreme  fondness  for  wear- 
ing exotic  manufactories:  for,  if  it  were  not  for  this  restraint,  as  our  neighbors  give  much  less  wages  to  their  work- 
men than  we  do,  and,  consequently,  can  sell  cheaper,  the  Italians,  the  French,  and  the  Dutch,  would  have  c(m- 
tinued  to  pour  upon  us  their  silks,  paper,  hats,  donggets  stuftis,  and  even  Spanish  woollen  cloths:  for  they  have  the 
wool  of  that  country  as  cheap  as  we,  and  are  beccmre  masters  of  that  business,  by  the  great  encouragement  they 
have  given  to  able  workmen  from  other  countries  to  settle  with  them;  and,  thereby,  have  prevented  the  growth  of 
tiiose  manufactories  amongst  us,  and  so  might  have  reduced  us  to  t/ie  lotv  cf^talc  ire  icere  in  before  Iheir  estabUsh- 
ment;  and,  therefore,  it  will  be  a  maxim,  to  be  observed  by  all  prudent  Governments,  who  are  capable  of  manufac- 
turing within  themselves,  to  lay  sucli  duties  on  the  foreign  as  may  favor  their  own,  and  discourage  the  importation 
of  any  of  the  like  sorts  from  abroad." 

If  other  nations,  as  Spain,  Portugal,  Naples,  &c.  have  neglected  their  manufactories,  and,  consequently,  hold 
only  a  second  or  third  rank  among  the  nations  of  Europe,  it  would  ill  become  the  United  States,  to  follow  their  ex- 
ample. In  this  particular  we  should  rather  imitate  Enghuid  or  France,  without,  however,  making  the  source  of 
riches  a  rod  of  oppression,  as  tiiey  have  done:  and,  notwithstanding  artisans  are  greatly  oppressed  there,  whatever 
of  republicanism  is  to  be  found  in  their  constitutions,  is  to  be  ascribed  to  them:  for  in  all  ages  the  peasantry  h;'.ve 
been  too  ignorant  to  understand  their  rights,  and  too  remote  from  each  other  to  be  able  to  wiuistand  op{)ression. 

It  is,  however,  conceded  by  some,  '"  that  coarse  goods,  and  articles  of  the  first  necessity,  ought  to  be  manufac- 
tured here,  while  fine  goods,  and  articles  of  luxury,  ought  to  be  imported  from  abroad;"  which  is  much  the  same  as 
to  say,  that  foreign  manufacturers  ought  to  be  employed  in  the  most  beneficial  branches  of  our  consumption,  and  the 
citizens  should  be  contented  with  the  inferior  kinds  of  labor. 

If  this  be  nut  the  meaning  of  our  opponents,  then  it  must  be  inferred,  either  that  our  citizens  want  genius  to  per- 
form the  finer  arts,  or  that  they  are  despised  in  the  United  States.  It  is  a  fact,  however,  of  perfect  notoriety,  that 
there  are  more  fine  goods  of  every  manufactory  used  in  the  towns  of  America,  than  in  those  of  the  same  size  in  Euiope; 
and  also,  that  our  citizens  do  not  want  talents  to  execute,  or  genius  to  contrive,  any  thing  that  may  be  required  of 
them,  and  for  which  they  shall  have  due  encouragement.  Among  the  members  even|of  this  society,  if  we  except  china 
ware,  it  would  be  almost  impossible  to  mention  an  article  in  use  here,  that  could  not  be  made  by  one  or  other  of 
them.  It  is  true,  that  many  of  them  are  employed  out  of  their  proper  line  of  business,  and  in  occupations  far  be- 
neath their  genius  or  talents.  Your  memorialists  cannot,  therefore,  be  blamed  for  their  opinion,  that  it  would  be 
more  profitable  to  the  nation  to  employ  those  people  in  teaching  the  rising  generation  those  arts,  than  to  continue 
purchasing  foreign  goods:  and  also,  that  the  best  and  most  profitable  parts  of  the  labor,  ought  to  be  given  to  the  citi- 
zens; and  the  coarse  or  inferior  branches,  reserved  for  foreign  nations. 

But  it  has  been  said,  that  high  duties  ought  not  to  be  laid,  because  we  have  not  at  present  a  sufficient  number  of 
hands  to  supply  the  United  States.  This  only  shews  the  necessity  of  protecting  duties,  which,  alone,  can  give  en- 
couragement to  men  of  genius  to  pursue  complex  and  difficult  manufactories;  and  that  no  length  of  time  would  ever 
produce  a  sufficient  number  of  hands  witliout  it. 

Having  answered,  as  brieliy  as  possible,  some  of  the  objections  of  our  opponents,  and  shown  what  another  great 
nation  did  fiir  the  arts,  during  their  infancy,  in  that  country,  your  memorialists  beg  leave  to  state  some  of  tlie  efiiicts 
likely  to  be  produced  from  an  union  of  the  three  great  branches  of  national  industry,  agriculture,  manufactures,  and 
commerce;  in  which  it  will  be  seen,  that  each  of  them  would  receive  an  additional  impulse  by  such  an  union.  And 
first,  of  agriculture. 

It  has  been  already  observed,  that  the  state  of  agriculture  is  always  in  proportion  to  population.  This  is  evident 
from  a  view  of  the  price  of  land,  which  decreases  in  the  compound  ratio  of  its  intrinsic  worth,  and  its  distance  from 
the  centre  of  a  town,  or  the  populous  part  of  a  country.  But  agriculture  alone,  will  never  concentrate  the  popula- 
tion, so  as  to  form  a  town  of  any  considerable  magnitude.  There  can  only  be  a  country  village,  where  a  \\!\\  neigh- 
boring proprietors  are  collected,  with  the  blacksmith,  tavern  keeper,  and  store  keeper,  &c.  \\liich,  instead  of  being 
the  centre  of  trade  and  industry,  is  oftener  the  focus  of  dissipation.  This  scattered  population  requires  a  greater 
extent  of  roads  than  can  be  kept  in  any  decent  repair:  hence,  during  several  months  in  the  year,  they  are  impassable; 
and  at  all  seasons,  the  distance  is  too  great  to  make  it  profitable  to  transport  heavy  commodities,  the  rude  produce  of 
agriculture,  except  along  the  banks  of  navigable  waters. 

But  when  the  useful  arts  are  established,  in  the  midst  of  a  fertile  country,  the  system  of  farming  becomes  improv- 
ed; land  advances  in  value,  because  all  the  produce  of  a  farm  finds  a  ready  market  in  the  neighborhood;  and  good 
roads  may  be  made,  without  oppressive  taxation.  It  is  thus  tliat  agriculture  has  always  flourished  best,  in  the  neigh- 
borhood of  the  arts;  and  commerce  consisting  in  tlie  exchange  of  the  commodities  of  one  district  for  those  of  ano- 
ther, the  histories  of  all  nations  demonstrate,  that,  where  objects  of  industry  are  greatly.diversified,  the  greater  is  the 
trade  of  the  merchant.  Manufactories  might  change  the  nature  and  objects  of  commerce;  but,  to  annihilate  it,  would 
be  contrary  to  the  experience  of  all  mankind. 

As  the  revenue  of  the  United  States  is  derived  principally  from  the  objects  of  foreign  industry,  it  will  be  proper 
to  inquire  what  would  be  the  eflects  of  the  manufacturing  system  on  that  revenue.  We  will  suppose  that,  with  all 
the  protection  that  would  be  given  to  inanulactories,  it  would  be,  nevertheless,  twenty  years  before  the  United  States 
could  supply  themselves  with  every  thing  they  chose  to  make,  or  could  arrive  at  that  perfection,  so  as  to  equal 
foreign  nations:  and  if  the  revenue  on  goods  imported  were  divided  into  two  parts,  viz.  1st.  That  which  arises 
from  the  useful  arts,  (which  it  would  be  proper  for  the  United  States  to  encourage  here)  and,  2d.  That  which  is 
levied  on  luxuries,  such  as  tea,  cliina  ware,  &c.  or  other  manufactories,  which  it,  perhaps,  would  be  im|)rudent,  for 
a  series  of  years,  to  attempt,  it  is  highly  probable,  if  not  evident,  that  the  increasing  population  of  the  L'nited 
States  would,  in  t\venty  years,  double  the  produce  of  the  revenue  arising  from  the  importation  of  those  luxuries,  and 
make  the  revenue  from  that  part  alone,  equal  to  the  whole  of  the  present  revenue.  On  the  other  hand,  a  heavy  pro- 
tecting duty  on  the  useful  arts  would  make  a  very  considerable  addition  to  the  revenue,  for  a  few  years,  which 
would,  however,  be  gradually  diminishing,  as  manufactories  were  established  throughout  the  country.  This  argu- 
ment is  predicated  upon  the  stationary  quality  which  the  expenses  of  the  Federal  Government  possesses,  and  on  the 
nature  of  its  revenue,  increasing  in  proportion  to  tlie  population. 


04  V  FINANCE.  [1803. 


Nothing  can  be  a  more  appropriate  object  of  taxation  than  foreign  fashions  and  foreign  luxuries.  When  foreign 
luxuries  shall  become  more  expensive,  the  citizens  will  be  contented  with  more  decent  attire,  and  learn  to  place  a 
iiigher  ralue  on  the  plain  fabrics  of  home  manufacture.  In  a  few  years,  the  genius  of  Americans  will  be  called 
forth  to  invent  luxuries  of  our  own,  which  arc  as  beneticial  to  a  country  as  foreign  luxuries  are  injurious. 

Thus,  by  one  operation,  many  advantages  will  accrue  to  the  nation.  New  sources  will  be  laid  open  for  the  em- 
ployment of' capital  in  the  interior;  the  coasting  trade  and  internal  commerce  will  receive  a  new  impulse;  domestic 
industry  will  put  to  shame  idleness  and  dissipation;  foreign  nations  will  lose  their  influence  over  our  councils.  The 
fertile  lands  of  America  will  rise  to  their  just  value,  by  bringing  a  market  to  the  door  of  the  farmer.  The  riches 
with  which  nature  has  so  bountifully  blessed  this  country,  will  be  explored  and  brought  into  use,  and  the  minerals 
and  waters  of  the  country  will  be  employed  to  the  purposes  for  which  they  were  designed  by  the  God  of  nature. 

Your  memorialists  now  beg  leave  to  state,  in  a  general  xmiy,  what  alterations  it  would  be  necessary,  in  our  opi- 
nion, to  make  on  the  duties  on  importation,  so  as  to  protect  some  of  the  most  useful  arts  already  established,  and  to 
encourage  the  introduction  of  others;  and  this  we  do,  neither  in  the  servile  language  of  petition,  nor  with  the  pre- 
sumption of  dictating  to  the  wisdom  of  Congress. 

And  1st.  It  is  our  opinion  that  all  manufactories  of  wjiich  wood,  fur,  leather,  horn,  bone,  or  rags,  are  the  raw 
•  materials,  as  they  are  the  produce  of  the  country,  ought  either  to  be  prohibited,  or  high  duties  laid  on  their  importa- 
tion. Goods  manufactured  from  these  materials  are  either  already  made  here,  or  may  be  made  as  soon  as  the  ar- 
tisans are  secured  in  their  respective  pursuits. 

The  manufactories  also,  of  which  hemp,  flax,  cotton,  and  iron,  are  the  raw  materials,  as  they  require  great  capi- 
tal, a  great  diversity  of  skill  and  talents,  and  have,  for  the  most  part,  had  a  beginning  here,  ought  to  receive  all  the 
fostering  care  of  Government;  that  we  should  not,  in  these  expensive  undertakings,  have  to  contend  with  foreign 
goods  in  our  own  market. 

Whenever  Congress  shall  seriously  take  up  the  subject  of  manufactures,  a  great  number  of  articles  will  come 
under  consideration,  which  are  neither  properly  raw  materials,  in  the  strict  sense  of  the  word,  nor  finished  goods; 
such,  for  example,  are  iron  and  brass  wire,  sheet  brass,  sheet  copper,  printing  ink,  types,  &c.  all  of  which  are,  how- 
ever, necessary  to  the  completion  of  other  manufactories.  These,  it  is  believed,  might,  some  of  them,  be  encouraged 
by  premiums  from  the  States:  for  it  is  known  that,  if  once  they  are  fairly  set  up,  and  the  first  expense  got  over,  a 
very  moderate  duty  would  prevent  foreign  nations  from  rivaling  us. 

Manufactories  of  the  precious  metals  have  already  been  established;  but  it  is  questionable  whether  they  will 
preserve  their  reputation  w  ithout  being  assayed  and  stamped,  as  is  practised  in  other  nations,  and  whether  this  be 
within  the  jurisdiction  of  Congress. 

No  nation  can  be  called  independent  which  relies  for  military  or  naval  stores  on  a  foreign  country;  and  there 
can  be  no  certainty  of  a  supply,  in  time  of  war,  but  by  encouraging  their  manufactory  in  times  of  peace,  by  prohibit- 
ing all  foreign  arms  and  ammunition. 

Every  fabric  of  silk  may,  at  present,  be  considered  as  a  luxury,  and,  therefore,  the  proper  subject  of  taxation; 
which,  at  the  same  time,  would  operate  greatly  in  favor  of  the  Soutliern  States,  where  silk,  in  a  few  years,  might  be 
as  plenty  as  in  China. 

Your  memorialists  have  forborne  to  say  much  on  the  manufacture  of  wool,  as  that  article  cannot  be  multiplied  at 
pleasure,  as  cotton,  hemp,  and  flax,  may.  This  would  depend  upon  a  combination  of  circumstances.  The  people 
must  be  induced  to  prefer  mutton  and  lamb  to  the  flesh  of  hogs;  and  this  can  only  be  done  by  an  attention  to  the 
breed,  and  improvements  in  the  mode  of  pasturing  those  uselul  animals — a  subject  which  would  come  with  more 
propriety  from  a  society  of  agriculturists. 

Having  thus  submitted  our  case  to  the  wisdom  of  Congress,  your  memorialists  must  now  wait,  with  anxiety,  your 
decision;  and,  in  whatever  manner  this  great  question  shall  be  determined,  we  shall  console  ourselves  with  having 
brought  it  to  an  issue:  for,  after  your  determination,  the  citizens  will  be  no  longer  in  suspense,  as  to  the  nature 
and  object  of  their  pursuits.  The  capitalist  will  be  able  to  calculate  in  what  line  he  ought  to  employ  his  capital. 
Parents  will  judge  what  occupation  will  be  most  profitable  for  their  children.  And  foreign  artists  will  see  the  pro- 
priety or  impropriety  of  migrating  hither — points  which  are  not  easily  determined  in  the  present  state  of  things.  All 
which  is  respectfully  submitted,  &c. 


athCoNGRRss.]  No.  207.  tlst  Sessiom- 


ABATEMENT    OF   DUTIES. 

COMMUNICATED  TO  THE   SENATE,  DECEMBER  15,  1803. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  Senate,  of  the  first  day  of  March  last,  direct- 
ing him  to  consider  and  report  on  the  petition  of  Aaron  Man,  respectfully  reports: 

That  the  petitioner  prays  for  an  abatement  of  duties  on  certain  goods  imported  into  the  district  of  New  York, 
in  January,  1803,  on  account  of  damage  received,  as  he  states,  during  the  voyage  of  importation. 

That,  amongst  other  rules  which  have  been  prescribed,  by  the  fifty-second  section  of  the  act  to  regulate  the  col- 
lection of  duties  on  impost  and  tonnage,  for  ascertaining  the  damages  which  may  have  been  thus  received,  and  for 
making  the  proportionate  deduction  from  the  duties  accrued,  it  is  provided  that  no  allowance  shall  be  made  for 
damage  on  merchandise,  which,  after  the  payment  or  securing  of  duties,  has  come  in  the  possession  of  the  owner  or 
consignee,  "unless  proof,  to  ascertain  such  damage,  shall  be  lodged  in  the  custom  house  of  the  port  or  place  where 
such  merchandise  has  been  landed,  within  ten  days  after  the  landing  of  such  merchandise." 

That,  in  the  present  instance,  not  only  the  ten  days  had  elapsed,  before  application  was  made  to  any  custom  house, 
but  the  damage  does  not  appear  to  have  been  discovered  until  after  the  goods  had  been  transported  from  the  dis- 
trict of  New  York  to  that  of  Providence;  from  whence  it  has  resulted  that  no  proof  whatever  has  ever  been  exhi- 
bited to  the  custom  house  of  the  port  of  importation. 

And,  that  it  does  not  seem  that,  under  tnose  circumstances,  relief  can  be  granted,  without  a  substantial  devia- 
tion from  established  principles  and  regulations,  which  are  considered  essential  to  the  security  of  the  revenue. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 
Treasury  Dkpautment,  December  13,  1803. 


1803.]  DIRECT  TAX.  g5 


8th  Congress.]  ]V[(,,  208.  [Ist  Session. 


DRAWBACK. 

OOMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,   DECEMBER   15,  1803. 

Mr.  Samuel  L.  Mitchill,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  tlie  petition 

of  Nathaniel  and  William  Smith,  made  the  following  report: 

The  petitioners  ask  to  be  exonerated  from  the  i)ayment  of  a  custom  house  bond,  for  the  duty  on  twenty-two 
hogsheads  of  sugar,  imported  into  the  United  States,  and  which  were  lost  or  totally  damaged,  going  cous/wise  from 
Newburyport  to  Boston,  where,  it  is  stated,  the  sugar  was  to  have  been  exported  to  a  foretgn  country. 

The  sugar  was  accompanied  with  the  usual  document,  certifying  that  the  duties  inwards  had  been  secured:  and 
stilting  the  amount,  and  time  of  importation.  This  certificate  was  only  intended  to  identify  the  article  upon  its  arri- 
val at  Boston,  and  was  not  the  dcbentvrc  promising  the  pa)^ment  of  a  sum  of  money,  which  debenture  would  liave 
t)een  issued  at  the  custom  house  where  the  sugar  was  originally  bonded,  had  it  been  exported  directly  out  of  the 
limits  of  the  United  States.  It  has  never  been  considered  proper  to  refvnil  the  duty  accruing  on  any  goods  or  mer- 
chandise, when  the  same  have  been  regularly  landed,  and  the  leturns  thereof  have  been  duly  certified  at  the  custom 
house,  although  losses  or  ilamages  may  afterwards  have  accrued,  from  any  cause  whatever,  otiier  than  from  the 
fault,  neglect,  or  error,  of  the  custom  house  officers;  and  excepting  in  cases  of  debentures  for  drawback  of  duties 
for  goods  shipwrecked,  or  otherwise  lost  on  our  own  coasts,  after  the  goods  have  been  bonded  for  exportation,  and 
cleared  out  for  a  foreign  port  or  place. 

The  sugar  in  question  was  not  cleared  out  for  exportation  to  a  foreign  country.  The  committee  had  hoped 
merchants  had  understood,  by  this  time,  that  the  duties  secured  to  be  paid  will  always  be  demanded,  and  that  the 
United  States  are  not  to  be  considered  as  insurers  or  underwriters  on  goods  bunded  at  the  custom  house. 

The  committee  are  fully  of  opinion,  that  it  would  be  improper  to  allow  the  drawback  on  any  merchandise  which 
may  be  damagecl  or  lost,  in  the  transportation  thereof,  coastwise,  from  one  district  to  another,  in  the  United  States; 
and  they,  therefore,  beg  leave  to  submit  the  following  opinion: 

Resolved,  That  the  prayer  of  the  petitioners  ought  not  to  be  granted. 


8th  Congress.]  No.   209.  [1st  Session. 


DIRECT    TAX. 

COMMUNICATED  TO  THE  SENATE,  DECEMBER  20,   1803. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  Senate,  of  the  18th  ultimo,  respectfully  reports: 

That  the  statements  hereunto  annexed,  and  which  have  been  abstracted  from  the  latest  returns  in  the  treasury, 
by  the  commissioner  of  the  revenue,  under  whose  superintendence  the  internal  revenues  have  been  placed  by  lavv^ 
exhibit  the  sums  either  paid  in  the  treasury,  collected,  or  remaining  outstanding  in  the  several  States,  on  account 
of  the  direct  tax. 

And  that  it  appears,  by  a  letter  dated  the  22d  ultimo,  that  the  assessment  of  South  Carolina,  which,  by  the  death 
or  resignation  of  eight  gentlemen,  who  had  been  successively  appointed  commissioners  of  the  first  division  of  that 
State,  had  been  so  long  delayed,  has,  at  last,  been  completed. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  December  17,  1803. 


66 


FINANCE. 


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1803.] 


DIRECT    TAX. 


Notes  to  the  preceding  Statement. 

The  coiuinns  entitled  "charges  of  collection."*  embiace  tlie  compensations  paid  to  surveyors  of  tlie  revenue  for 
preparing  tax  lists,  the  amount  of  commissions  accruing  on  moneys  received  and  paid  over,  contingent  expenses, 


names  of  collectors, 


and  all  allowances  which  have  been  admitted  by  the  supervisor,  to  the  present  date. 

t  In  the  supplementary  statements,  marked  A.  which  accompany  this  sketch,  will  be  found  tli 
&c.  who  are  held  responsible  for  these  balances. 

(a)  "  The  tax  due  from  districts  5  and  58  is  not  yet  ascertained,  although  the  lists  are  completed  for  both.  This 
circumstance  prevents  me  from  stating  the  exact  sum  to  be  collected  from  the  State:  but  I  am  disposed  to 
believe,  from  the  assessinents  of  these  two  dislricis,  that  there  will  be  a  deficiency  ol' something  more  than 
$1,000  of  the  (|uota  required  to  be  raised  from  North  Carolina.  This  deficiency  originates  entirely  from  one 
county,  and  is  owing  to  an  error  in  tlie  footing  of  the  assessment  by  the  commissioner  of  this  State,  when  he 
rendered  his  return  to  the  Secretary  of  the  Treasury,  the  county  alluded  to  being  charged  with  $1,010,000  more 
than  it  was  actually  assessed."  (See  Mr.  Folk's  letter  to  the  commissioner  of  the  revenue.  November  28,  180."?.) 
In  consequence  of  this  information.  I  have  estimated  the  assessment  at  192,697  90.5.  which  is  $1,000  short  of  the 
quota.  Collectors  have  been  appointed  to  all  the  districts,  excepting  the  aforementioned  Nos.  5  &  58,  which 
are,  of  course,  taken  on  estimate  at  iji.S.yS"  11.5. 

{b)  ""liists  for  which  no  collectors  had  been  appointed,"  to  wit:  In  the  State  of  Massachusetts,  division  No.  1. 
(Maine)  $8,431  25,  being  the  amount  assessed  on  districts  Nos.  1.  0,  7.  9,  18,  19,  21,  22.  21,  &  25.  The  super- 
visor states  that  he  has  no  expectation  of  procuring  collectors  for  either  of  them.  In  the  State  of  Rhode  Island, 
$275  57  being  the  amount  assessed  on  district  No.  29. 

{c)  By  referring  to  the  supervisor's  return,  of  the  31st  March,  1802,  it  appears  that  the  collectors  of  the  tax  had 
received  and  accounted  for  $40,588  23;  the  charges  on  collection,  amounting  to  $2,029  23.  being  deducted,  there 
remained  in  the  hands  of  the  supervisor,  a  balance  ot  $38,559:  since  31st  March,  1802,  he  has  received  further 
payments,  amounting  to  $1.5G4  91,  as  appears  by  his  weekly  returns.  From  the  date  of  the  asses-ment  on  the 
State  of  Vermont,  until  the  present  time,  the  supervisor's  payments  to  the  treasury  amount  to  \w  more  than 
$34,362  73;  he  is.  therefore,  held  accountable  for  the  dirterence.  which  is  $5,761  18,  as  above  stated.  Mr. 
Brush's  last  weekly  return  was  dated  April  16.  1803;  the  balance  which  he  then  acknowledged  to  be  in  his  hands, 
was  $115  55.  No  explanation  has  been  given,  which  will  enable  me  to  reconcile  this  extraordinary  variance  in 
his  statements;  and,  although  both  Mr.  Biusli,  and  (since  his  decease)  his  son,  have  been  repeatedly  uiged  to 
render  a  final  account,  it  has  not  been  transmitted,  nor  has  any  satisfactory  reason  been  assigned  for  the  delay. 

(d)  The  balance  which  appears  on  the  last  weekly  return  of  Edward  Carrington.  Esq.  is  $663  79.  ^Vhen  the  su- 
pervisor deducts  the  connnissions,  and  to  w  hich  he  was  entitled  by  accounts  rendered  at  the  close  of  the  last 
quarter,  there  will  be  no  difference  in  our  statements. 

{e)  Balance  in  the  hands  offMr.  Dexter,  late  supervisor,  $376,47.5.  In  the  hands  of  Mr.  Peck,  marshal,  (who  now 
discharges  the  supervisor's  duties)  $131  64.9. 

(f)  The  commissioners  appointed  under  the  act  of  Congress  of  July  11.  1798.  having  made  no  returns  of  their 
valuations.  &c.  the  assessment  on  this  State  is  still  suspended. 

(g)  The  supervis(U-  received  the  necessary  forins  ami  instructions  from  the  Revenue  oflice.  and  was  long  since  ap- 
prised, by  the  Secretary  of  the  Treasury,  of  the  rate  of  assessment,  but  he  has  not  rendered  regular  returns  of 
his  proceedings.  Copies  of  my  letters  of  the  31st  January.  22d  March,  and  loih  October.  1803.  accompany  this 
statement:  and  I  am  sorry  to  add.  that  the  urgent  solicitations  which  are  therein  contained,  have  produced  no 
satisfactory  lesult. 

(^^J  In  the  hands  of  J.  Chester.  Esq.  late  supervisor.  7    ,        n      «       i     *i  i    ii 

(i)   in  the  hands  of  H.  Miller.  Esq.  late  supervisor,  5  ''"  " '"  "PP"^^'  ^'^  ^'^'^  ^""exed  statements. 


Treascry  Department,  Revenue  Office.  December 


12.  1803. 
WM.  MILLER, 


Jr..  Commissioner  of  the  Hevcnvc. 


Statement  exhibiting  the  bedcmces  due  by  Collectors  of  the  Direct  Tux\  in  the  Dislricl  of  Xew  Hcimpshire,  on  the 

3lst  December,  1802. 


By  a  summary  statement  rendered,  it  appears  that  the  aggregate  amount  for  which  collectors 

were  accountable  on  31st  December,  1802.  was  -  -  -  -  -  -  $2,880  84 

And  by  the  supervisor's  weekly  returns,  since,  there  has  been  paid  over  to  him  on  account.     -      1,529  43 


Leaving  a  balance  for  which  the  collectors  are  still  accountable,  amounting  to 


$1,363   1! 


But  tiie  supervisor  has  rendered  statements  of  payments  to  surveyors  for  preparing  tax  list-,  amounting  to  $674  9(>, 
and  of  other  contingencies,  to  a  considerable  amount,  which  have  been  discharged  by  drafts  upim  collectors.  I  ha\e'. 
therefore,  considered  the  abovementioned  balance  as  extinguished,  or  nearly  so. 


Statement  exhibiting  the  bcdaaces  due  by  Collectors  and  Inspectors  on  account  of  the  Direct  tax  assessed  on  the 

District  of  Massachusetts,  on  the  —  of  .August,  1803. 


Namks. 


Josiah  Harris,  collector. 

E.  Town,  do. 

John  Sewall,  do. 

Theo.  Capen,  do. 

John  Moody.         do. 

N.  Bacheldor,       do. 

John  Frothingham.  late  inspector. 

Dollars, 


O    u 


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■2 
13 
15 
16 

4 


en 

;j 

;:: 

o 

M 
a 

$48 

30 

10 

40 

69 

98 

390 

46 

20 

00 

50 

00 

595 

14 

1,084 

17 

1,689 

31 

/   These  balances  will  be  absorbed  by  expenses  whicli 
^       have  been  incurred  in  advertisinglands. 

For  this  balance,  a  warrant  has  been  issued,  and  returned 

unsatisfied. 
For  a  counterfeit  bill  of  twenty  dollars,   for  which  the 
_    collector  claims  an  allowance. 
The  collector  retains  this  sum  as  an  extra  allowance. 


68 


FINANCE. 


[1803. 


Statement  of  the  balances  due'by  Collectors  of  Direct  Tax,  in  the  District  of  Rhode  Island,  on  the  20th  September, 

1803. 


Names  of  Collxctobs. 

No.  of  Col- 
lection Dis- 
trict. 

Uncollected. 

Cash  in  the  hands 
of  Collectors. 

John  A.  Collins,            ------ 

John  Allen,                     ------ 

Thomas  Potter,  Jr.        - 

Nicholas  E.  Durfee,      ------ 

Thomas  Palmer,            ------ 

John  Remington,           ------ 

Joseph  Thurston,           -,.--- 
George  James,               ------ 

Francis  Gardner,           -_.-.- 
Henry  Niles,                 -...-- 
William  H.  Davis,        -               - 
Peleg  Rhodes,                ------ 

Daniel  S.  Dexter,          ------ 

John  Rogers,                 ------ 

James  Paine,                 ..-.-- 
Duty  Smith,      .------ 

Christopher  Smith,        -                .                .                -                -                - 
Nehemiah  Knight,  Jr.                    .                .               -                -                - 
Thomas  Wilbour,          ------ 

Fleet  Brown,                 ------ 

Vacant,                   ------ 

1 

2 

3 

4 

5 

6 

13 

14 

15 

16 

17 

18 

20 

22 

23 

24 

25 

26 

27 

28 

29 

$925  81 
208  33 

502  26 

119  57 
26  52.2 

127  17.8 
106  60.8 

29  29.2 

128  97.6 
927  62 

19  65 
230  64.5 

80  17.6 
171   26.6 

14  54 
264   14.4 
212  37.2 
275  57 

$49  52 
4  56.1 

05 

1  88 

15 

2  00 
16 

13 

40 

3  80 

16  50 
1   02 

$4,370  52.9 

$80  17.1 

From  the  date  of  the  preceding  statement,  there  has  been  collected  and  paid  into  the  hands  of  William  Peck, 
marshal,  executing  the  duties  of  supervisor,  $131  64.9,  viz:  By  Collector  George  James,  $24  02.2;  by  Collector 
Joseph  Thurston,  $107  62.7,  as  appears  by  his  weekly  returns. 


Cojry  of  a  letter  from  ffllliam  Peck  Esq.,  Marshal  for  the  District  of  Rhode  Island,  to  the  Commissioner  of  the 

Revenue,  dated 

Providence,  26/A  November,  1803. 

In  compliance  with  your  directions,  I  now  transmit  a  weekly  return  of  the  state  of  the  direct  tax.  Since  the 
papers,  relating  to  this  tax,  were  handed  to  me  by  the  late  supervisor,  (by  which  I  was  enabled  to  known  who  were 
the  collectors  in  the  several  districts,  and  from  whom  balances  were  due)  I  have  either  seen,  in  person,  or  written 
in  the  most  pressing  manner  to  the  delinquents,  that  the  arrearages  must  be  collected  and  paid  in  without  any  fur- 
ther delay.  From  the  most  of  them  I  have  been  assured,  that  the  collection  shall  be  completed  as  speedily  as  the 
law  will  enable  them  to  effect  the  business.  The  time  which  has  elapsed  since  any  considerable  collections  have 
been  made,  together  with  a  prevailing  idea  that  the  Southern  States  have  paid  but  a  small  part  of  this  tax,  causes 
many  very  unpleasant  reflections  upon  the  persons  who  are,  at  present,  engaged  in  completing  the  collection  of  this 
part  of  the  revenue. 

I,  however,  hope  to  be  able  to  bring  the  business  to  a  close,  without  any  coercive  measures,  and  by  such  a  period 
as  a  business,  so  unpopular,  can  reasonably  be  expected. 

I  have  the  honor  to  be,  sir,  with  great  respect,  your  most  obedient  humble  servant. 

WILLIAM  PECK,  Marshal. 


Statement  of  the  balances  due  by  Collectors  qf  Direct  Tax,  in  the  District  of  Vermont,  on  theSlst  of  Alar ch,  1802. 


Names  of  Collectors. 


.  of  the 
Collection 
District. 


Uncollected. 


Cash  in  the  hands 
of  Collectors. 


Jehiel  Webb,  Jr. 
Thomas  Leverett, 
William  Mattocks, 
Ozias  Fuller; 
Edward  Lamb, 
Samuel  Blodget, 
Abijah  Barnum, 
Ephraim  Holbert, 
John  Peck, 
Alpheus  Hall, 
Haynes  French, 
Aaron  Shephard, 
James  Paddock, 
Abner  Brush, 
James  Farnsworth, 


2 
3 

12 
9 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 


$147  43 
240  14 
448  23 
127  24 
424  29 
211  89 
697  20 
552  10 
819  75 
50  83 
154  24 
221  06 
419  31 
729  08 
231   45 


5,474  24 


$92  00 

48  22 


260  00 
400  53 


33  54 
35  35 


$869  64 


From  the  date  of  the  preceding  statement,  there  has  been  collected  and  paid  into  the  hands  of  the  supervisor, 
$1,564  91,  as  appears  by  the  weelcly  returns.  But,  as  these  returns  do  not  distinguish  the  name  of  the  person  by 
whom  payment  was  made,  the  amount  to  the  credit  of  each  collector  cannot  be  ascertained  at  present 


1803.] 


DIRECT    TAX. 


69 


Statement  of  the  balances  due  by  the  Collectors  of  Direct  Tax,  in  the  District  of  New  York,  on  the  30th  Jnne,  1803. 


Names  of  Collectors. 


Benjamin  Goldsmith, 

Jesse  Hulse, 
Eliphalet  Chichester, 
•loseph  Lattiiig, 
James  Hedenbergh, 
Jeremiah  Johnson, 
Joseph  Ferine, 
John  Manley, 
William  Brown, 
Carlile  Pollock, 
George  Harsin. 
Frederick  Weisenfels, 
Daniel  Hitchcock, 
John  P.  Groshon, 
Elijah  Ward, 
Robert  Graham, 
Evert  Hogenkamp, 
Samuel  Moffat, 
Alexander  Wood, 
John  Monnel, 
James  Dill, 
Ebenezer  Geere, 
Lawrence  Merkel, 
Aaron  Camp, 
Gerret  Cock, 
John  P.  Bortel, 
Arent  Vosburgh, 
Nathan  Halsey, 
Zeneas  Barker, 
Harmanus  A.  Wendell, 
Joseph  Carley, 
Mortimer  Gage, 
W.  D.  Houghtailing, 
Reiiberi  Hatch, 
Storm  A.  Becker, 
Jesse  Shepherd, 
William  Knickerbacker, 
Daniel  Ketcham, 
Robert  Mitchell, 
Jonathan  Lynde, 
George  Marsh, 
William  Coibin, 
Abraham  Wells, 
Abraham  Conyne, 
James  Smyth, 
Cornelius  C.  Beckman, 
Peter  Young, 
Robert  McFarlain, 
John  Fluskey, 
Eber  Hyde, 
Abram  Camp, 
Stephen  Cromwell, 
Moses  Wright, 
James  C.  Chappel, 
John  York, 
William  Hatch, 
Ricketson  Burlingame, 
Billa  Whitney, 
No  Collector, 
Joel  Roberts, 
No  Collector, 
Isaac  Baldwin, 


No.  of  the 
collection 
district. 


2 
3 
5 
6 
7 
8 
9 
10 
13 
15 
U 
13 
14 
16 
17 
19 
21 
23 
24 
25 
26 
27 
29 
35 
36 
38 
39 
30 
40 
41 
42 
43 
44 
45 
46 
47 
37 
52 
53 
57 
58 
59 
60 
61 
63 
64 
65 
66 
67 
68 
69 
62 
73 
77 
83 
84 
85 
88 
92 
95 
96 
100 


Uncollected. 


$5  94 

5  70 
39 

40  56 
,52  30 

6  20 

118  02 
663  39 
800  11 

718  88 

76  22 
427  20 

33  58 
158  81 

1  82 
44  03 

223  68 
29  16 

25  99 

465  95 

490  92 
822  91 

328  81 

2  37 
188  02 

1,435  72 

264  29 

14  97 

367  91 

34  58 
34  00 

20 
365  29 

26  69 
10  51 

5  80 

77  65 
4  85 

72  27 

144  87 

184  19 

127  68 

182  36 

24  29 

19  93 

16  20 

53  91 

53  70 
226  31 
285  27 
109  48 

54  49 
324  56 

10  50 

1  50 

7  00 

115  12 


$10,377  11 


Cash  in  the  hands 
of  collectors. 


By  the  supervisor's  letter  of  the  2d  instant,  it  appears  that 

$2,803  32  of  the  preceding  balances  is  due  from  collectors  appointed  for  the  city  of  New  Y^ork. 

5,299  41  fromcollectorsagainst  whom  warrants  of  distress  have  been  issued. 

1,605  63  from  collectors,  who  owe  small  balances,  arising  from  taxes  on  slaves,  and  inaccuracies  in  their  lists. 

130  00  from  collector  Beckman,    7    t  _,,.  +1,,,,  „„u  „,.,f  ^ff,^^^ 
n,  r  ,»,!  r  Hi      Ku         If    Liost  through  post  ottices. 

215  00  troni  collector  Chappel,     3  .  . 

323  75  from  N.  Fish,  late  supervisor,  for  moneys  received  of  collectons,  which  were  omitted  in  his  accounts. 
$10,377  11 


The  supervisor  remarks  "that  the  amount  due  from  the  city  of  New  York  would  have  been  collected  by  the  sale 
of  the  property  on  which  the  tax  remained  unpaid,  before  this  time,  had  not  the  late  unhappy  situation  of  the  city, 
from  sickness,  prevented  that  measure:  the  sales  are,  however,  to  take  place  in  all  this  month,  and  that  very  little 
of  the  item  of  $1,605  63,  will  ever  be  collected. 


10 


tt 


70 


FINANCE. 


[1803. 


Stalement  exhibiting  the  balances  due  by  Collectors  of  Direct  Tax,  in  the  district  of  Pennsylvania,  on  the  3lst  of 

March,  1803. 


■- ■ — — — 

NAJIES  OF   COLLECTORS. 

No.   of  the 
collection 
district. 

Uncollected. 

Cash  in  the  hands 
of  Collectors. 

James  Asli,*                 .-.--- 

1 

$1,843  57  J 

Jacob  Horn,                  ....-- 

.» 

673  50.5 

1,262  22.3 

James  8vvain,                 ...--- 

3 

2,972  08.2 

187  19.5 

Catlwallader  Griffith,    ------ 

4 

1,770  60 

852  84.1 

Jesse  Morris,                 ------ 

5 

150  77 

1,232  07.5 

James  Chapman,          ------ 

6 

609  87 

504  41.1 

Daniel  St.  Clair,           ------ 

7 

1,876  69 

206  18.1 

Jacob  Bower,                ------ 

8 

69  25.4 

1,128  95.8 

Philip  Kreemer,            ------ 

31 

83  31 

Stephen  Balliet,            ------ 

9 

1,930  81 

28  84.4 

John  Buyers,  Junior,    ------ 

10 

604  84.5 

85  76.5 

Benjamin  Perry,           ------ 

11 

191   70.5 

23  87.5 

Matthew  Wilson,          ---.-■■ 

12 

672  26.5 

39  25 

Edward  Home,            .----- 

13 

261   65 

143  45.3 

Joshua  Gibbons  and  Jacob  Humphreys,      -               -               -               - 

14 

13  61 

81  76 

John  Graff",    ------- 

16 

248  50 

David  Montgomery,     ------ 

17 

566  75 

156  13.1 

George  Buehler,           ------ 

18 

130  27.5 

2,374  50 

Thomas  Crabb  and  William  Crabb,           .               -               -               - 

32 

320  55.1 

107  28.7 

John  Edie,     ------- 

19 

818  90.9 

William  McClelland,                  .               -               .               -               - 

20 

183  35 

145  88.6 

Henry  Postlethwaite,   ------ 

21 

1,978  13.7 

John  HoUiday,              ..---- 

22 

21  36.7 

15  50 

James  Chriswell  and  George  Wilson,        -               _               -               - 

23 

1,174  77.4 

John  Cadwallader,       ------ 

24 

467  25.1 

196  24 

Robert  Johnson,            ------ 

25 

337   12 

91   15.1 

James  Brice,                  ------ 

26 

42  33 

8  35 

Benjamin  Wells,          ------ 

27 

77  90 

John  Wells,                 ------ 

28 

329  74 

703  30.6 

John  Webster,              .-.--- 

29 

594  86.4 

Samuel  Hyde  and  James  Brice,                  .               -               -               - 

30 

408  94.8 

26  39.6 

$21,430  30.5 

$9,601  58 

From  the  date  of  the  preceding  statement,  there  has  been  collected  and  paid  into  the  hands  of  the  supervisor, 
$4,480  10,  as  appears  by  the  weekly  returns;  but,  as  these  returns  do  not  distinguish  the  name  of  the  person  by 
whom  payment  was  made,  the  amount  to  the  credit  of  each  collector  cannot  be  ascertained  at  present. 

*  When  General  Muhlenberg  was  appointed  to  the  supervisor's  office,  the  proceedings  of  Mr.  Ash  were  suspended  under 
an  expectation  that  Mr.  Coxe,  who  succeeded  him  in  the  office  of  collector  of  the  internal  duties,  would  have  undertaken  to 
collect  the  balance  of  the  direct  tax.  Mr.  Ash,  accordingly,  exhibited  his  hst  of  what  was  outstanding,  and  was  ready  for  settle- 
ment; but  the  difficulty  of  collecting  a  number  of  fragments,  by  compulsory  process,  upon  the  small  commission  which  the 
law  allowed,  prevented  the  accession  of  Mr.  Coxe  to  the  arrangement  which  tlie  supervisor  had  contemplated.  Mr.  Ash  has 
since  been  urged  to  resume  his  functions,  but  I  do  not  know  with  what  success;  however,  from  a  notification  wliich  has  appeared 
from  the  supervisor's  office,  in  the  Philadclpliia  papers,  I  conclude  that  Mr.  Ash  has  consented  to  the  winding  up  of  the 
business. 


Statement  exhibiting  the  balances  due  by  Collectors  of  Direct  Tax,  in  the  district  of  Maryland,  on  the  30th  of  June, 

1803. 


NAMES  OF  C9LLECT0RS. 

No.  of  the 

Uncollected. 

Cash  in  the  hands 

collection 

of  collectors. 

district. 

Joseph  Ford,                 ------ 

1 

$490  09 

Samuel  Hanson,  of  W.                .               -               .               -               - 

2 

1,118  13 

Ben.  H.  Mackall,         ------ 

3 

56  57 

Thomas  Harwood,  of  B. 

4 

1,025  53 

George  Magruder,        -                -                -                .                -                - 
William  AFexander,     ------ 

5 

1,295   18 

0 

3  49 

Isaac  Dickson,              ..---- 

7 

1,488  01 

John  K.  Smith,              .-..-- 

8 

2,377  60 

Thomas  Jeftery,           ------ 

9 

305  99 

George  Magruder.        ------ 

0 

1,657  88 

George  Price,               ------ 

10 

12  29 

John  Ritchie,                -               -               - 

11 

228  70 

David  Lynn,                -----.. 

12 

231  48 

John  D.  Thompson,     ------ 

14 

1,145  66 

James  Arthur,               ------ 

15 

262  36 

John  Browne,  Jun.       -.---- 

16 

730  48 

John  Bennett,              ..---.- 

17 

677  89 

Evans  Willing,             ------ 

19 

1,209  67 

John  Green,                  ------ 

20 

25  16 

^  .,'    • 

$14,342   16 

From  the  date  of  the  preceding  stiitement,  there  has  been  collected  and  paid  into  the  hands  of  the  supervisor, 
$176  54,  as  appears  by  the  weekly  returns:  but,  as  these  returns  do  not  distinguish  the  name  of  the  person  by  whom 
payment  was  made,  the  amount  to  the  credit  of  each  collector  cannot  be  ascertained  at  present. 


1803,] 


DIRECT   TAX, 


Statement  exhibiting  the  balances  due  by  Collectors  of  Direct  Tax,  in  the  district  of  Virginia,  on  the  30th  of  S^p. 

ber,  1803.  "■  ' 


71 


em- 


NAMES  OF  COLLECTORS. 


Robert  G.  Payne, 
William  McCraw, 
John  Street,     - 
Thomas  Clarke, 
Allen  Townes, 
John  Bull,       - 
William  H.  Smith, 
Edward  Worsham, 
Edmund  Graves, 
James  Fiiniey, 
Mordecai  Cook, 
Thomas  Carter, 
John  Withers,  Jun. 
Thomas  Bell, 
Samuel  Ball, 
Elias  Stilwell, 
William  Naylor, 

George  Strieker, 

Alexander  Hawthorn, 

John  Alexander, 

David  Rowland, 

Robert  Steele, 

Hugh  Mac  Gavock, 

John  Fulkerson, 

Samuel  Ewing, 

George  Pitzer, 

Jehab  Grahani, 


No.  of 
survey. 


No.  of  the 
collection 
district. 


4 


10 

12 

14 

15 

1 

5 

13 

4 

9 

11 

16 

5 

8 

6 


11 

12 

1 

2 
3 
5 
6 


Uncollected. 


$5  03 

93  10 

12  28 

88  60 

116  45 


95 
30 


3 

2 

29  99 
33  04 
18  32 
18  28 

3  89 
1   51 

24  08 
3,237  49 

630  58 

61  80 

178   12 

713  24 

G  10 

10  05 

25  04 

4  51 
47 

250  33 

380  90 

3  85 


Cash  la  the  hands 
of  collectors. 


$5,953  30 


Since  the  date  of  the  preceding  statement,  there  has  been  collected  and  paid  into  the  hands  of  the  supervisor 
$312  68,  as  appears  by  the  weekly  returns;  but,  as  these  returns  do  not  distinguish  the  name  of  the  person  by  whom 
payment  was  maile,  the  amount  to  the  credit  of  each  collector  cannot  be  ascertained  at  present. 

On  the  22d  September,  1803,  the  supervisor  rendered  an  abstract  of  tax  due  on  houses  and  lands  remaining  un- 
sold, agreeably  to  his  notification  of  2d  June,  1802,  as  extracted  from  the  returns  of  the  collectors  on  the  lists  sent 
out  authorizing  sales  in  December,  1802,  and  January,  1803;  the  amount  is  $5,545  23. 


Statement  of  the  balances  due  by  the  Collectors  of  Direct  Tax,  in  the  district  of  Kentucky,  on  the  31  st  of  March,  1801. 


5AMES    OF   COLLECTORS. 

No.  of  col- 
lection dis- 
trict. 

Uncollected. 

Cash  in  the  hands 
of  Collectors. 

George  ManseU,           ------ 

John  Harbison,              ------ 

Joseph  Ballinger,          --.-_. 
Isaac  Holeman.            ------ 

John  Crow,  ------- 

William  Hubbel,          -..---. 
James  Macconnel,        ------ 

Peter  Machir,               ------ 

Willis  Morgan,           ------ 

Thomas  L.  Patterson,                 .               .               _               -               . 

M-2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

S6,098  47.7 
4,284  86.9 
2,254   14.4 
2,428  60.3 
1,331   93.7 
1,717  88.2 
1.808  31.8 
3,184  05.3 
3,891    10.5 
2,081  97.4 
2,291   99.5 

$262  22.6 

168  31.2 
564  77.5 
155  07.8 

19   11.2 
334   13.1 
299  25 

87    19 

1 

$31,373  35.8 

$1,890  07.5 

From  the  date  of  the  preceding  statement,  there  has  been  collected  and  paid  into  the  hands  of  the  supervisor. 
$11,862  05,  as  appears  by  the  weekly  returns;  but  as  these  returns  do  not  distinguish  the  name  of  the  person  by 
whom  payment  was  made,  the  amount  to  the  credit  of  each  collector  cannot  be  ascertained  at  present. 


Extract  of  a  letter  from  the  Supervisor  of  the  district  of  Kentucky,  to  the  Commissioner  of  the  Revenue,  dated 

March  11//;,  1803. 

"  In  a  few  days  I  will  give  you  a  statement  of  the  sales  of  lands  where  the  direct  tax  has  not  been  paid.  At  pre- 
sent, appearances  are  rather  unpromising;  a  great  proportion  of  the  lands  will  not  sell.  I  have  instructed  the  collect- 
ors to  adjourn  the  sales  for  a  few  days,  whenever  they  find  the  sales  dull,  by  which  means,  1  am  in  hopes,  in  the 
course  of  the  Spring,  to  be  able  to  dispose  of  a  great  proportion  of  the  lauds  in  this  State,  on  which  the  tax  has  not 
been  paid." 

The  statement  referred  to  by  the  supervisor  has  not  made  its  appearance. 


72 


FINANCE. 


[1803. 


Statement  exhibiting  the  balances  due  by  the  Collectors ^c.  of  the  Direct  Tax,  in  the  district  of  Tennessee,  on  the 

I6th  of  November,  \802. 


Bv  the  supervisor's  account  current,  there  was  uncollected,  and  in  the  hands  of  the  Marshal  of  East  Tennessee, 

on  the  16th  November,  1802,  a  balance,  amounting  to    -         . ,    "      ^    , .  '  "  "      ^ltlt 

And  by  the  supervisor's  weekly  returns  since,  there  has  peen  paid  over  to  him  on  account,  -     433  82 

Leaving  a  balance,  for  which  the  collectors  are  still  accountable,  of  -  -  -  ^^'*"  ^^ 

The  collectors  are,  however,  entitled  to  a  credit  for  several  abatements,  for  inaccuracies,  &c.  in  their  lists,  so  that 
it  is  probable  no  part  of  this  balance  will  be  recovered. 


State)nent  exhibiting  the  balances  due  by  Collectors  of  Direct  Tax,  in  the  District  of  North  Carolina,  on  the  30th 

September,  1803. 


NAMES   OF    COLLECTORS. 


John  Strother, 
Lewis  Hunter, 
Daniel  McKisick, 
George  Walton, 

James  P.  Walker, 
Christian  Lash, 
Samuel  Hunter, 
Hance  McCain, 
John  Beard, 
Samuel  King, 
Joseph  McK.  Alexander, 
David  Reese, 
John  Christian, 
Joseph  Picket, 
James  Stewart, 
John  Storm, 
Duncan  McRae, 
Malcolm  Gilchrist, 
John  Barfield, 
William  Robeson, 
John  Conyers, 
Hanson  Kelly, 
William  French, 
Joseph  Dickson, 
Frederick  Foscue, 
James  Taylor, 
Robert  Hunt, 
Seth  Hovey, 
Josiah  Lawrence, 
Benajah  White, 
Benjamin  Evans, 
James  Rhodes, 
Hugh  Dickson, 
Louis  Leroy, 
Barnaby  Burrow, 
William  Scurlock, 

Henry  Jones,' 

Joseph  Greer, 

Henry  E.  Williamson, 

John  Clixby, 

Maurice  Smith, 

Charles  Marshall, 

William  Green, 

Lewis  Wells, 

John  H.  Hall, 

Henry  Hunter, 

Daniel  Backsdale, 

William  B.  Lockhart,  - 

Hardy  Murfree, 

David  Turner, 

Levi  Blount, 

Edmund  Norcum, 

Thomas  Marshall, 

Demsey  Sawyer, 

William  Bruer, 

James  Wood, 


No.  of 

Collection 

District. 


Uncollected. 


1 

2 
3 
4 
5 
6 
7 
8 
9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

29 

30 

31 

32 

33 

34 

35 

36 

37 

38 

39 

40 

41 

42 

43 

44 

45 

46 

47 

48 

49 

50 

51 

52 

53 

54 

55 

56 

57 

58 


$1,093  11 
2,821  26 
3,993  10 

864  78 

271  43 

469  66 
1,197  22 
1,109  .52 
2,938  64 

248  45 

70  89 

2,163  89 

392  73 

2,642  17 

48  66 

211  88 

199  40 
724   12 

1,397  87 

45  34 

75  08 

931   09 

1,092  55 

405  84 

35  99 

1,124  55 

4,309  67 

1,421    13 

200  93 
767  46 
103   19 

80  97 

1,048  67 

1,833  68 

484  06 

1.966  23 

1,205  76 

804  59 

115  87 

541  06 

129  43 

71  42 

682  61 

8  45 

42  06 


Cash  in  the 
hands  of  Col- 
lectors. 


1,583  39 

469  45 

612  36 

1,843  92 

1,937  50 

356  67 

446  76 

387  26 

2,207  20 

1,762  90 

135  99 

$54,129  76 

1803.] 


DIRECT   TAX. 


73 


S.  Statement  of  balances  which  appear  in  the  hands  of  the   Supervisors  of  the  Revenue. 


In  what  State. 


New  Hampshire, - 
Massachusetts,  - 
Rhode  Island, 

Connecticut, 

Vermont, 

Pennsylvania, 

Maryland, 

Virginia, 

Kentucky, 

Tennessee, 

North  Carolina,    - 


Names  of  the  Supervisors. 


Nathaniel  Rogers, 

Jonathan  Jackson, 

John  S.  Dexter,  late  supervisor, 

William  Peck,  nuirshal, 

John  Chester,  late  supervisor,* 

Nathaniel  Brush,] 

Henry  Miller,  late  supervisor,* 

John  Kilty,    - 

Edward  Carrington,t  - 

James  Morrison, 

John  Overton, 

William  Polk, 


5376  47.5  7 
131   64.9  i 


Amount. 


$1,963  09 

856  47 

.'iOS   12 

413  75.8 
5,761    18 
2,180  38 
1,512  81 

307  62 
8,424  37 

302   13 
3,203  58 


.1*25,493   50.8 


•The  late  supervisors  of  Connecticut  and  Pennsylvania  have  not  been  notified,  by  the   Comptroller,  of  the  adjustment   of 
their  direct  tax  accounts. 

fThe  difference  between  tliese  sums,  and  the  balance  in  tlie  supervisor's  last  weekly  returns,  is  accounted  for,  in  the  notes 
which  are  annexed  to  the  general  statement. 


Copies  qf  letters  to  the  Supervisor  of  Georgia,  referred  to  in  the  general  statement  G. 

Treasury  Departmetn,  Revenue  Office,  January  31,  1803. 
Sir: 

By  your  letter  of  the  29th  ult.  it  appears  that  collectors  of  the  direct  tax  were  still  wanting  in  two  counties,  viz. 
Bullock  and  Bryan.  As  the  collection  was  progressing  in  18  districts,  and  likely  to  proceed  in  four  more  by  the 
1st  of  February,  I  hope  that  I  shall  very  soon  be  favored  with  a  return  of  your  receipts,  conformably  to  my  instruc- 
tions. As  n\ore  than  15  months  have  expired  since  you  were  notified  by  the  Secretary  of  the  Treasury  of  the  rate 
of  assessment,  &c.  and  authorized  to  proceed  in  the  business,  he  is  surprised  that  so  little  appears  to  have  been  done. 
By  referring  to  tiie  19th  section  of  the  act  which  imposes  a  direct  tax,  you  will  find  that  collectors  are  liable  to  a 
forfeiture  of  all  their  commissions  on  sums  which  are  not  accounted  for  and  paid  over  with  promptitude.  If  other 
means  of  ensuring  punctuality  do  not  succeed,  you  must  inevitably  resort  to  this  provision,  and  put  the  bonds  of 
collectors  in  suit,  without  loss  of  time.  I,  however,  flatter  myself  that  I  shall  not  have  occasion  to  complain  of  un- 
reasonable delays,  on  any  future  occasion. 

I  am,  respectfully,  your  obedient  servant. 


John  Mathews,  Esq. 


WILLIAM  MILLER,  Commissioner  of  the  Revenue. 


Sir: 


Treasury  Department,  Revenue  Office,  March  22,  1803. 


I  am  looking  with  great  impatience  for  the  arrival  of  regular  weekly  returns  of  your  receipts  i^nd  payments 
on  account  of  the  direct  tax,  for  the  information  of  the  Secretary  of  the  Treasury.  It  is  indispensably  necessary 
that  this  document  should  not  be  neglected;  the  irregularity  of  the  subordinate  officers  cannot  affect  your  conduct 
in  this  respect;  I,  therefore,  hope  that  some  other  apology  will  be  given,  if  tiie  present  requisition  is  not  immediately 
complied  with. 

I  am,  respectfully,  sir,  your  obedient  servant, 

WILLIAM  MILLER,  Commissioner  of  the  Revenue. 
John  Mathews,  Esq. 


Treasury  Department,  Revenue  Office,  October  10,  1803. 
Sir: 

The  Secretary  of  the  Treasury  is  desirous  of  laying  before  Congress,  at  an  early  period  of  the  approaching 
session,  an  exact  account  of  the  internal  duties  and  taxes  which  remain  outstanding;  1  have,  therefore,  to  request 
that  you  will  immediately  make  up  and  forward  the  remainder  of  your  accounts,  in  order  that  the  situation  of  your 
district  may  be  ascertained.  If  you  are  not  fully  prepared  to  render  a  statement  to  the  30th  September,  1803,  or 
your  final  statement,  I  wish  the  balances  on  the  30th  June,  1803,  or  at  the  expiration  of  any  of  the  preceding  quar- 
ters, to  be  correctly  stated,  noting  thereupon  all  subsequent  receipts  and  payments. 
I  am,  respectfully,  your  most  obedient  servant, 

WILLIAM  MILLER,  Commissioner  of  the  Revenue. 
John  Mathews,  Esq. 


74  FINANCE.  [1803. 


8th  Congress.]  No.  210.  [l&t  Session. 

DRAWBACK. 

COMMUNICATED  TO   THE    HOUSE   OF   REPRESENTATIVES,    DECEMBER   20,    1803. 

Mr.  Samuel  L.  Mitchill  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures  report  such  facts  as  have  occurred  to  them,  on  a  resolve  of  the 
House,  of  the  9th  of  November,  directing  them  to  report,  by  bill  or  otherwise,  whether  a  drawback  of  duties  ought 
not  to  be  allowed  on  sugar  refined  in  the  United  States,  and  exported  to  loreign  ports  or  places,  togetlier  with 
their  opinion  on  the  same. 

By  "  An  act  laying  certain  duties  on  snuffand  refined  sugar,"  a  duty  was  laid  and  collected  of  two  cents  the 
pound,  on  sugar  refined  w  ithin  the  United  States.  By  the  fourteenth  section  of  the  same  act  this  duty  was  allowed 
to  be  drawback  on  exportation,  together  witli  three  cents  the  pound  on  account  of  the  duties  paid  upon  the  importa- 
tion of  crude  sugar.  At  the  time  of  making  this  regulation,  the  duty  on  crude  sugar  was  one  cent  and  one  half  the 
pound.  Upon  tne  calculation  that  two  pounds  of  crude  sugar  were  required  to  make  one  pound  of  refined  sugai-, 
three  cents  of  drawback  were  allowed  on  exporting  the  refined  article,  and  to  this  were  added  the  two  cents  paid  for 
the  excise:  the  sum  of  the  duty  and  the  excise,  when  added  together,  making  the  five  cents  of  drawback  at  that  time. 
By  the  statute  of  March  the  third,  one  thousand  seven  hundred  and  ninety-seven,  an  additional  duty  of  half  a 
cent  the  pound  was  levied  on  brown  sugar  imported  from  foreign  places;  and  by  the  fifth  section  of  that  act,  tlieie 
was  allowed  an  additional  drawback  of  one  cent  the  pound  on  exported  refined  sugar,  of  domestic  manufacture;  ob- 
serving the  same  rate  of  calculating  two  pounds  of  crude  sugar  for  one  of  refined. 

On  the  thirteenth  day  of  May,  one  thousand  eight  hundred.  Congress  imposed  a  further  duty  of  half  a  cent  the 
pound  on  imported  brown  sugar,  and  increased  the  drawback,  in  consequence  tiiereof,  to  one  cent  the  pound  on  the 
exportation  of  domestic  refined  sugar.  .  i  • 

The  whole  amount  of  drawback,  amounting  thus  to  seven  cents  the  pound,  on  the  exportation  of  sugar  refined  in 
the  United  States,  was  done  away  by  the  statute  repealing  the  internal  taxes. 

The  committee  find  further,  notwithstanding  the  repeal  of  these  statutes,  and  of  their  parts,  which  relate  to  the 
«!uties,  excises,  and  drawbacks,  provided  for  crude  and  refined  sugars,  that  the  refining  of  sugar  at  home  is  not  wholly 
u I: protected.  It  is  known  that  sugar  candy  or  crystallized  sugar  could  be  imported  from  Asia,  not  only  so  cheap 
;iis  to  vie  with  West  India  brown,  but  even  to  be  substituted,  in  many  cases,  for  refined  sugars  in  tlie  markets  of  the 
L'liited  States.  The  merchants  who  could  have  brought  great  quantities  of  this  elegant  form  of  sugar,  were  inter- 
rupted in  their  trade  in  this  article,  by  the  imposition  in  the  statute  of  March  3,  1797,  of  the  excessive  duty  of  nine 
cents  the  pound,  and  by  the  statute  of  May  13th,  1800,  an  additional  duty  of  two  cents  and  one  half  per  pound, 
making  together  eleven  cents  and  one  half  the  pound,  and  of  course  the  almost  entire  prohibition  of  the  importation. 
Thus,  to  protect  the  domestic  refiners  of  sugar,  the  merchants  who  trade  to  the  East  Indies  are  prohibited  from 
bringing  sugar  candy  to  the  United  States,  and  the  citizens  at  home  from  consuming  it,  but  at  the  enormous  piice 
paid" for  it,  as  a  dainty,  a  medicine,  or  a  rarity. 

Sugar  candy  being  thus  excluded  our  market,  and,  of  course,  from  competition.  Con  stress  made  another  provision 
for  encouraging  the  domestic  sugar  refinery.  They  imposed,  by  the  several  acts  of  Au::  ;st  10,  1790,  (  f  June  7,  1794, 
and  of  January  29,  1795,  various  duties,  amtuirting  to  nine  cents,  on  the  importation  of  foreign  refined  loaf  sug;;r,  and 
six  and  one  half  cents  on  all  other  refined  sugar.  They  refused,  by  the  statute  of  June  5th,  1794,  a  drawback  on  t!.;j 
exportation  of  imported  loaf  and  lump  sugars  of  foreign  refinery;  they  forbade  the  importation  of  it  altogether  in  ves- 
sels of  less  burthen  than  one  hundred  and  twenty  tons;  and  they,  even  then,  prohibited  the  admission  of  it  in  parcels  ot 
smaller  quantities  than  six  hundred  pounds.  This  amounts  almost  to  the  prohibition  of  foreign  refined  sugar;  as  a 
proof  of  vvhich,  it  may  be  observed  that,  iiom  one  thousand  seven  hundred  and  ninety,  to  one  thousand  seven  hun- 
dred and  ninety-two,  the  quantity  of  imported  loaf  sugar,  consumed  in  tlie  United  States,  was  two  hundred  and 
eight  thousand  five  hundred  and  forty  pounds;  from  one  thousand  seven  hundred  and  ninety-three,  to  one  thousand 
seven  hundred  and  ninety-eiglit,  it  was  forty-one  thousand  three  hundred  and  tliirty-seven  pounds.  In  one  tliou- 
sand  seven  hundred  and  ninety-nine,  and  one  thousand  eight  hundred,  it  was  eleven  thousand  seven  hundred  and 
eleven  pounds,  which,  at  the  rate  of  nine  cents  per  pound,  produced,  in  the  first  period,  eighteen  thousand  seven  hun- 
dred and  sixty-nine  dollars  of  revenue;  in  the  second  period  only  three  thousand  seven  hundred  and  twenty  dollars; 
and  in  the  last,  but  one  thousand  and  fifty-four  dollars.  From  October  the  first,  one  thousand  eight  hundred,  to  the 
thirtieth  of  September,  one  thousand  eight  hundred  and  one,  there  were  only  sixteen  thousand  six  hundred  and 
twenty-eight  pounds  of  loaf  sugar  imported;  of  which,  twelve  thousand  seven  hundred  and  fifteen  pounds  were  in 
American,  and  three  thousand  nine  hundred  and  thirteen  pounds  in  foreign  vessels. 

Under  this  loss  of  revenue  from  the  existing  regulations  Loncerning  sugar,  it  is  believed,  by  the  persons  engaged 
in  the  refining  business,  that,  in  tlie  infantine  state  of  this  manufacture,  it  stands  in  need  of  greater  encouragement. 
It  will  be  remembered  that,  already,  sugar  candy  and  loaf  sugar,  from  abroad,  are  loaded  with  such  heavy  duties 
that  their  prohibition  operates  as  a  bounty  on  the  domestic  manufacture.  It  will  be  recidlected,  too,  that  the  duties 
on  the  refined  sugar  consumed  at  home,  are  paid  by  the  consumer;  and  that,  to  protect  the  refiners  of  sugar  in  the 
United  States,  Government  have  adopted  measures  that  have  considerably  lessened  the  revenue  on  that  article;  and 
by  removing  foreign  competition,  enhanced  the  price  to  the  domestic  consumer. 

Still  it  is  inquired  whether  the  drawback  ought  not  tube  allowed  on  the  exportation  of  refined  sugars  of  our  own 
manufacture? 

There  are  two  difficulties  attending  this,  arising  from  the  acquisition  of  Louisiana. 

The  tirst  is,  that  already  four  thousand  and  five  hundred  casks  of  sugar,  weighing  half  a  ton  each,  estimated  to 
be  worth  three  hundred  and  two  thousand  and  four  hundred  dollars,  are  preparetl  and  exported  annually  from  New 
Orleans,  and  its  vicinity.  By  annexing  this  territory  to  the  United  States,  this  quantity  of  sugar,  or  a  ratable  pro- 
portion of  it,  will  come  into  the  States,  and  probably  be  refined.  It  would  be  unreasonable  to  pay  a  drawback  upon 
sugar  which  had  never  paid  a  duty.  Under  an  improved  cultivation,  the  country  lying  between  the  river  Iberville 
and  the  city  of  New  Orleans  may  be  made  additionally  productive  of  sugar  cane:  it  is  supposed  that  a  tract  of  nine- 
ty miles  inlength,  and  three  quarters  of  a  mile  in  breadth,  on  both  sides  of  the  Jilississippi,  will  be  turned  into  sugar 
plantations,  and  yield, annually,  twenty- five  thousand  hogsheads  of  sugar,  and  twelve  thousand  puncheons  of  rum. 
This  quantity,  thrown  into  our  market,  may  be  contemplated  as  good  stock  for  the  refiners  to  work  upon. 

The  second  difficulty  is,  that  a  refinery  of  sugar  has  been,  for  some  time,  est.ablished  at  New  Orleans,  which  is 
said  to  produce  two  hundred  thousand  pounds  of  loaf  sugar  annually-  This  branch  of  manufiicture  may  be  expected 
to  increase  there,  as  the  quantity  of  sugar  increases,  and  as  capitalists  and  men  of  enterprise  go  into  the  business. 
By  performing  the  operation  of  refining  near  the  place  where  the  sugar  is  raised,  much  of  the  expense  of  transporta- 
tion will  be  saved,  by  carrying  the  wrought  rather  than  the  raw  article  to  a  distant  or  a  foreign  market.  And  to  ac- 
complish the  object,  which  the  refiners  in  the  United  States  have  in  view,  it  would  be  necessary  to  prohibit  the  im- 
portation of  refined  sugar  from  Louisiana;  and  to  avoid  paying  the  amount  of  a  drawback  upon  sugars  that  have 
never  paid  duties,  it  will  be  necessary  for  the  economy  of  Government,  and  the  security  of  the  treasury,  to  distin- 
guish those  of  Louisiana  from  others  of  foreign  production. 

It  would  appear,  from  this  examination  of  facts,  that  sugar  refining  has  been  more  favored  by  Government  than, 

f)erhaps,  any  branch  of  domestic  manufacture.    The  diminution  of  17,735  dollars  in  the  revenue,  heretofore  derived 
rom  imported  loaf  sugar,  indicates  the  amount  of  a  virtual  bounty  annually  paid  to  encourage  tiie  business. 


1804.] 


THE   MINT. 


75 


It  may  be  questioned  whether  a  drawback  ought  to  be  allowed  on  the  exportation  of  domestic  refined  sugar,  un- 
less the  duties  were  lessened  on  the  importation  of  sugar  candy  and  foreign  refined  sugar.  While  the  prohibitory 
duties  exist  on  the  latter  articles,  the  demand  for  Fredish  [United  States]  refined  sugar,  in  foreign  markets,  may  raise 
the  price  of  the  article,  so  as  sensibly  to  affect  the  consumer  of  refined  sugar  at  home. 

This  rise  of  the  price  of  refined  sugar  at  home  and  abroad,  will,  of  course,  raise  the  price  of  brown  or  crude  sugar 
in  our  home  market:  and  by  the  competition  between  tlie  refiners  and  the  housekeepers,  muscovado  sugar  itself 
must  be  paid  for  at  a  dearer  rate  by  the  citizens,  at  large,  who  consume  it.  Thus  the  trade  will  be  in  danger  of  being 
engrossed  by  the  refiners,  who,  without  paying  any  revenue  to  Government,  raise  the  price  of  loaf,  lump,  and  brown 
sugar,  to  the  consumer. 

A  good  reason  does  not  occur  to  tlie  committee,  wherefore  both  tlie  treasury  of  the  nation,  and  the  pockets  of 
the  individual  citizens,  should  be  subjected  to  greater  payments  than  at  present,  for  promoting  the  refinery  of  sugar; 
and  particularly,  as  the  extension  of  the  laws  of  the  linited  States  to  Louisiana,  presents  this  subject  in  an  aspect 
different  from  any  in  which  it  has  been  viewed  before. 

The  plain  principle  on  which  drawbacks  are  allowed,  is  that  the  identical  article  imported,  shall  be  exported  ac- 
cording to  law.  If  they  are  gi-anted  upon  articles  that  have  undergone  a  remarkable  chemical  or  mechanical  altera- 
tion, then  they  ought  to  be  allowed  on  all  exported  cordage  formed  from  imported  hemp,  on  exported  rum  distdled 
froni  imported  molasses,  and  on  garments  made  at  the  slop  shops,  and  otherwise  from  imported  cloth,  and  afterwards 
carried  abroad. 

In  the  case  of  sugar,  the  committee  is  inclined  to  think,  that  the  operation  of  refining  has  already  been  patronised 
to  as  great  an  extent  by  Government  as  is  consistent  with  political  economy  and  public  gooil;  and  under  that  con- 
viction, tliey  submit  to  the  House  their  opinion — 

That  it  would  be  improper,  at  this  time,  and  under  existing  laws  and  regulations,  to  allow  a  drawback  upon  the 
exportation  of  domestic  refined  sugar. 


8th  Congress.] 


No.  211. 


llstSEsaioN. 


MINT. 

COMMUNICATED    TO    CONGRESS,   JANUARY  13,   1804. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

The  Director  of  the  Mint  having  made  to  me  his  report  of  the  transactions  of  the  mint,  for  the  year  1803,  I 
now  lay  the  same  before  you,  for  your  information. 

TH:  JEFFERSON. 

January  13,  1804. 


Mint  of  the  United  States,  Philadelphia,  January  6th,  1804. 

The  Director  of  (he  Mint  of  the  United  States,  on  the  commencement  of  the  new  year,  respectfully  makes  tlie 
following  report  of  the  issues  of  the  mint,  from  the  1st  January,  1803,  to  the  51st  December  of  the  same  year. 

Notwithstanding  the  dull  prospect  at  the  beginning  of  the  year,  coinage,  of  every  kind,  amounts,  in  the  whole,  to 
the  sum  of  three  hundred  and  seventy  thousand  six  iiundred  and  ninety-eight  dollars  and  fifty-three  cents,  as  will 
appear,  in  detail,  by  the  schedule  No.  1,  hereunto  annexed. 

The  current  expenses  of  tiie  mint  have  been  reduced  to  the  sum  of  seventeen  thousind  seven  hundred  and  five 
dollars  and  ninety-five  cents,  as  will  appear  from  schedule  No.  2;  and  the  profit  on  the  copper  coinage  has  amount- 
ed to  five  thousand  and  ninety-five  dollars  and  forty-eiglit  cents,  as  appears  by  schedule  No.  3. 

It  appears  to  be  the  duty  of  the  Director,  respectfully  to  remind  the  President,  that,  in  case  the  loan  office  in  tin's 
city  sh  ould  be  abolished  by  law,  provision  must  be  made  for  a  commissioner  to  attend  the  inspection  and  assay- 
ing the  reserved  pieces  during  the  past  year,  on  the  second  Monday  in  February  next,  in  the  room  of  the  Commis- 
sioner of  Loans,  if  he  sliould  be  removed. 

All  which  is  respectfully  submitted  to  the  President,  by  his  very  obedient  and  very  humble  servant, 

ELIAS  BOUDINOT.  Director  of  the  Mint. 
To  the  President  of  the  United  States. 


.In  ahslrart  of  the  Coins  slrnrkat  the  Mint  of  the  United  States,  from  1st  January  to  3\st  December,  1803. 

Gold  Coins. 


Eagles. 

HalfEag-les. 

Quar.  Eagles. 

Dollars.  Cts. 

Totals. 

Quarter  ending  in  March, 
Do.               June,     - 
Do.               September, 
Do.                December, 

4,816 
4,163 

20,091 
7,511 
5,904 

423 

1,057  50 

100,455  00 

85,715  00 

71,150  00 

..._.... 

8,979 

33,506 

423 

Tota 

il  amount  of  C 

iold  Coins, 

- 

258,377  50 

fff 

FINANCE. 

[1804. 

ABSTRACT— Continued. 

\ 

Silver  Coins. 

Dollars. 

Half  Dollars. 

Dimes. 

Half  Dimes. 

Dollars. 

Quarter  ending 
Do. 
Do. 
D6. 

in  March, 
June, 

September, 
December, 

37,677 
16,167 

12,220 

31,715 

31,380 
1,660 

34,120 
3,730 

42,521 
16,167 
16,210 
12,220 

66,064 

31,715 

33,040 

37,850 

87,118 

■ 

Total  amount  of  Silver  Coins, 
Copper  Coins. 

■         " 

87,118  00 

Cents. 

Half  Cents. 

Dolls.  Cts. 

Quarter  ending 
Do. 
Do. 
Do. 

in  March,    - 
June, 

September, 
December, 

- 

.. 

882,200 

1,843,800 

281,353 

264,000 

5,900 
92,000 

8,822  00 

10,438  00 

2,843  03 

3,100  00 

/ 

2,471,353 

97,900 

Total  aiTif 
Am  01 

)unt  of  Copper  Coins, 

nt,  in  1803, 

25,203  03 

int  of  coins  struck  at  the  mi 

$370,698  53 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1803. 

BENJAMIN  RUSH. 


^n  Abstract  of  the  Expenditures  of  the  Mint  of  the  United  States,  from  1st  January  to  3\st  December,  1803. 


Salaries. 

Wages. 

Incidental. 

Totals. 

Quarter  ending  March,  1803,     ...... 

June,                  ...... 

September,         ...... 

December,          ...... 

$2,650 
2,650 
2,650 
2,660 

$1,424  97 
1,408   11 
1,327  84 
1,032  41 

$380  77 
505  74 
422  40 
603  71 

$4,455  74 
4,563  85 
4,400  24 
4,286  12 

Dollars, 

10,600 

5,193  33 

1,912  62 

■ 

Am 

ount. 

$17,705  95 

Mint  of  the  United  States, 

Treasurer's  Office,  Philadelphia,  3lst  December,  1803. 


BENJAMIN  RUSH. 


1804.] 


REMISSION    OF   DUTIES. 


•  77 


A  Statement  of  the  srain  on  Copper  coined  at  tlie  Mint  of  the  United  States,  from  the  \st  January  to  the  'Mst 

December,  1803. 


180:3. 
Dec'r.  31, 

ltM)3. 
Feb'y.  33, 


23, 


Aug't.  8, 


Nov.  7, 
Dec'r.  31, 


5,163  00 


16,911  53 
29  50 


5,298  75 


136  75 


17,132  60 


220  97 


3,100  00 


25,203  03 


14,050  83 
10,950  93 


V      unt   remaining  in  hands  of  the  cliicl   coiner,  as  per 
abstract  rendered,  on  which  there  was  a  profit  of 

Deduct,   returned   by  him   in   the 

spoiled  planchettes,  27  70 

Allowed  to  him  for  difference 

of  weight,  -  -   109  05  on  copperdeliverM  him 


Amount  of  invoice  of  copper  entered  31st  December,  1802, 

and  delivered  to  chief  coiner  this  day.  on  wliich   there 

was  a  profit  of      -  -  - 

Deduct,   returned  by  him  in   spoiled 

planchettes,         -  -       34  66 

AUowed  to  him  for  difference  [since  2.3d  Feb'y- 

of  weight,  -  -      186  31  on  copper  delivered 


Half  cents  received  from  the  chief  coinei',  made  from  the 
spoiled  planchettes,  -  -  - 

Amount  of  invoice  of  copper  delivered  to  chief  coiner  this 
day,  on  which  there  is  a  profit  of       -  -  - 

Deduct  so  much  yet  remaining  in  hands  of  chief  cimier, 
uncoined,  which  will  take  a  proportion  of  above  profit.    - 


Amount  of  copper  coined  in  1803. 

Amount  of  profit  in  coining  said  sum, 


1,102  96 


130  75 


3,746  34 

220  9: 

2,603  50 
2,029   10 


966  21 


3,525  37 
29  50 


574  40 


$5,095  48 


Mint  of  the  United  States, 

Treasurer'' s  Office,  Philadelphia.  31s/  December,  1803. 


BENJAMIN  RUSH. 


8th  Congress.] 


No.  212. 


[1st  Session. 


REMISSION   OF   DUTIES. 

communicated  to  the  house  of  representatives,  JANUARY  23,    1801. 

Report  of  the  Committee  of  Commerce  and  Manufactures,  on  the  the  petition  of  Samuel  Corp,  referred  on  the  13th 

January. 

The  petitioner,  in  August,  1799,  was  consignee  of  the  ship  Chesapeake,  hound  from  London  to  New  York,  with 
a  cargo  of  European  goods,  destined  for  the  New  Orleans  market.  It  was  his  intention  to  have  made  an  entry  there- 
of, for  exportation  accordingly,  at  the  custom  house  in  New  York,  to  avoid  the  payment  of  the  impost  there,  and 
avail  himself  of  the  exemption  therefrom,  which  the  law  of  his  country  permitted. 

When  the  petitioner  went  to  the  custom  house,  after  the  arrival  of  tne  ship,  it  was  still  his  intention  not  to  land 
any  part  of  the  cargo  in  the  United  States;  and  the  captain  had  also  made  a  declaration  upon  his  manifest,  of  an  in- 
tention to  export.  "These  precautions  having  been  duly  and  openly  made,  the  petitioner  hoped  his  merchandise 
v/ould  have  been  exempted  from  duties. 

The  ship,  however,  on  her  passage  to  New  York,  had  been  visited  by  a  revenue  officer  of  New  London,  who  had 
demanded  of  the  captain  a  copy  of  his  manifest.  This  had  been  given  to  the  officer:  but  the  captain  did  not  express 
thereon,  that  the  cargo  was  intended  lor  exportation. 

By  reason  of  thisVariauce  in  the  copy  of  the  manifest,  the  collector  of  the  port  of  New  York  obliged  the  peti- 
tioner to  give  bonds  for  the  duties  on  the  cargo.  These  bonds,  it  was  then  conceived,  would  be  of  little  inconveni- 
ence to  him,  as  he  could  be  relieved  from  the  duties  by  afterwards  exporting  the  merchandise:  the  collector  only  re- 
taining for  the  United  States,  the  customary  drawback  on  the  debentures. _ 

Believing  now  that  the  business  was  in  a  safe  and  proper  train,  the  petitioner  did  not  think  it  necessary  to  make 
an  application  to  the  Secretary  of  the  Treasury  for  relief.  But,  with  tiie  exception  of  a  few  casks  of  shot,  \yhich  he 
took  out  of  the  ship,  he  exported  the  whole  cargo,  without  unlading  it,  directly  to  New  Orleans.  There,  duties  were 
paid  on  it  to  t!ie  Spanish  Government,  and  no  part  appears  to  have  been  relanded  in  the  United  States. 

Afterwards,  on  applying  for  payment  of  the  three  debentures,  which  had  been  issued  to  him  by  the  collector,  he 
could  obtain  payment  for  no  more  than  one.  The  payment  of  the  other  two  has  been  refused,  untler  the  act  of 
March,  1799,  prohibiting  the  allowance  of  debentures  for  drawback  on  merchandise  exported  to  foreign  dominions 
contiguous  to  the  United  States,  as  Louisiana  then  was. 

The  relief  solicited  by  the  petitioner  is  for  tlie  amount  of  the  two  remaining  debentures,  which  he  now  holds. 

It  ajipears  to  the  committee  that  the  ship  sailed  from  Europe  in  January,  1799.  At  that  time  the  collection  law 
of  179!)  was  in  force.  That  statute  did  not  require  tliat  the  declaration  to  export  should  be  stated  by  the  captain,  on 
the  manifest  J(rs/  exhibited.  Tlie  captain  therefore  acted  according  to  the  law  of  his  country,  at  the  time  he  sailed; 
and  lie  could  not  be  presumed  to  know  what  alterations  had  been  made  during  his  absence.  _ 

The  whole  series  of  the  transactions  appears  to  have  been  fair  and  candid,  on  the  part  of  the  petitioner.  He  has 
shewn  the  utmost  respect  and  obedience  to  the  laws.  The  collector  and  naval  officer  entertain  no  doubts  of  his 
original  intention  to  export  the  merchandise  in  question;  and  if,  as  the  committee  suppose,  the  petitioner  ought  to 
have  been  originally  excused  IVom  entering  his  merchandise,  and  giving  bonds  for  duties  on  the  same,  then  he  clearly 
is  entitled  to  a  reimbursement  of  the  money,  wh.ich  he  has  been  obliged  to  pay  in  satisfaction  of  those  bonds.  It  is, 
therefore,  the  opinion  of  the  committee. 

That  the  request  of  the  petitioner  is  leasonable,  and  that  he  ought  to  be  relieved. 

11  tt 


78  FINANCE.  [1804. 


8th  CoxGRESs.]  No.  213,  [1st  Session. 


ADDITIONAL    DUTIES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    JANUARY  24,    1804. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  tiie  House  of  Representatives,  of  the  21st  of 

February,  1803,  respectfully  reports: 

That  the  articles  in  tiie  annexed  statement  are  susceptible  of  being  taxed  in  proportion  to  quantity  instead  of 
value. 

That  the  great  variations  in  prices,  arising  from  the  various  places  where  the  articles  are  purchased,  from  fluc- 
tuations at  the  same  places,  and  from  the  different  modes  of  purchasing,  render  it  difficult  to  state  with  precision, 
in  conformity  with  the  resolution,  what  specific  duty,  instead  of  that  now  laid,  would  neither  increase  nor  diminish 
the  revenue:  but  that,  from  the  best  materials  which  have  been  obtained,  the  duties,  which,  in  the  annexed  table, 
are  stated  as  equal  to  those  now  laid,  appear  equivalent  to  the  present  duties,  ad  valorem,  computed  on  the  highest 
market  value. 

And  that  the  alterations  in  the  rate  of  duty,  which  will  be  found  in  the  last  column  of  the  statement,  have  been 
suggested  by  some  of  the  collectors. 

Although  not  embraced  by  tiie  resolution  of  the  House,  it  is  respectfully  suggested  that  a  small  difference  in  the 
rate  of  duties  respectively  laid  on  the  importation  of  the  several  manufactures  ot  hemp  and  flax,  cotton,  silk,  wool, 
paper,  leather,  and  hardware,  for  tlie  purpose  of  ascertaining,  with  precision,  the  amount  consumed  in  the  United 
States,  of  each  class,  would,  hereafter.enable  the  Legislature, without  risk  to  the  revenue,  to  introduce,  from  time  to 
time,  such  modifications  as  might  appear  most  favorable  to  the  agricultural  and  manufacturing  interests  of  the 
country. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  23(/  January,  1804. 


1804.] 


ADDITIONAL  DUTIES. 


79 


Statement  of  articles,  on  the  importation  qfivhich  neiv  specific  duties  may  be  laid. 


ARTICLES. 


FISH. 

Cod,  dried, 
Salmon,  pickled. 
Mackerel,    do.  - 
Shad,  do.  - 

Herring,       do.  - 

FRUIT. 

Almonds,  soft  shelled, 
"         hard    do.    - 
Currants,    - 
Prunes  and  plums, 
Figs,  -        -        -        - 
Raisins,  nuiscadel. 
Do.  in  hoxes  and  jars, 
Do.  in  casks. 
Pine  apples. 
Cocoa  nuts. 
Lemons, 
Oranges, 
Linies, 

GLASS. 

Black  quart  bottles,    - 
Window,  Englisli, 
Not  above  8  by  10,      - 

"       10  by  13,      - 
Above, 

Window,  German, 
Not  above  8  by  10,      - 

"        10  by  12,      - 
Above, 

GUNPOWDER. 

First  quality. 
Second  do. 

IRON. 

Old,    -        -  -        - 

Bar,    -        -  -        - 

Hoop  and  slit,  - 
Sheet, 

PAINTS. 

White  lead  in  oil. 

Do.  dry. 

Red  lead  in  oil,  - 

Do.  dry. 

Yellow  ochre  in  oil,    - 

Do.  drjr, 

Spanish  brown  in  oil,  - 


Cwt. 
Barrel. 


lb. 


100 


Groce. 


Cwt. 


Specific  duty 
equal  to  dut\' 
now  jjaid. 


Dolls.   Cts. 
3/ 


45 
37 

•28 


02^ 

02 

02 

02 

OU 

OU 

oiu 

01 

60 
60 

18 
18 
08 


60 


Alterations  in 
specific  duty 
proposed  by 
several  col- 
lectors. 


Dolls.   Cts. 
1   00 

75 
50 


1   60 

1  75 

2  25 


00 
20 
50 


3  25    l 
3  75   i 


25 

60 

90 

1  20 


2  00 
1  90 
1  50 
1  35 
1  50 
60 
80 


02 


H 

1   00 

50 
20 


75 
1   75 

1  25 
3  00 


25 

75 

1    00 

1  25 


2  00 
1  50 
1   00 


ARTICLES. 


Spanish  brown,  dry, 

PEWTER. 

Plates  and  dishes, 
Quick  silver. 


SPICES. 


Cassia, 
Cinnamon,  - 
Cloves, 
Mace, 
Nutmegs,    - 

Tallow, 

NANKEENS. 

Short, 
Long, 
Blue,  -        -        -        . 

Russia  sheeting,  • 

Do.    duck. 
Ravens  do. 

UMBRELLAS. 

Silk,  East  India, 
Do.  other,  - 
Cotton, 

NAILS.  («.) 

From  3f/.  to  8(/.  - 
Under  3d.  - 

Segars,  {b.) 

Seines,  (c.) 

SHOES,  (rf.) 
Kid  and  morocco, 

WINE,  (e.) 

Sicily,         -        -        - 

Saddles    and    saddle- 
ry, T/-)     -        -        - 


Cwt. 


lb. 


piece. 


lb. 

thou'd. 
lb. 

Pair. 

Gallon. 


Specific  duty 
equal  to  duty 
now  paid. 


Dolls.    Cts. 
20 


03  i 
Ool 


03 

20 

20 

1   25 

50 

01 


09 
U 
15 

2  00 
1  80 
I   20 


35 
50 
25 


02 
02 

30 

unascerta-d 

15 


Alterations  in 
specific  duty 
])roposed  by 
several  col- 
lectors. 


Dolls.   Cts. 
50 


05 
10 


121  percent, 


06 
20 
20 
1  25 
50 

Oil 


10 
15 

2  00 
1   50 


50 
75 
30 


5  per  cent, 
ad  valorem. 
2  00 

04 


30 


15  per  cent. 
ad  valorem. 


(«.)  Spikes  and  nails  now  pay  a  duty  of  3rf.  per  pound,  wliich  is,  therefore,  much  lower,  in  proportion  to  the  value  on  nails 
of  a  small,  than  on  those  of  a  large,  size:  the  alteration  proposed  in  the  last  column  woidd  equalize  the  duty. 

(b.)  Segars  now  pay,  under  the  name  of  tobacco,  a  duty  of  Gd.  per  pound,  wliich  is  less  than  5  per  cent,  on  the  value. 

(c.)  Seines  now  pay  an  ad  valorem  duty  of  12^  per  cent. ;  twine  pays  4  dollars  per  cwt. ;  it  is  proposed  to  lay  a  similar  duty 
on  seines. 

(d.)  Kid  and  morocco  shoes  now  pay  the  same  duty  as  leather  shoes,  viz:  15  cents  per  pair;  it  is  proposed  to  lay  on  them  a 
duty  equal  to  that  laid  on  silk  shoes,  viz :  25  cents  a  pan'. 

(e.)  Sicily  wine  being  non-enumerated,  now  pays  23  cents  per  gallon;  it  is  proposed  to  lay  on  it  a  duty  of  30  cents,  as  on 
Lisbon  wine,  to  which  it  is  said  to  be,  at  least,  ecjual  in  quality. 

ff.)  All  manufactures  of  leather  now  pay  15  per  cent,  ad  valorem,  saddles  and  parts  of  saddles  excepted,  wliich  pay  only 
13^  per  cent. 


80  FINANCE.  [1804. 


8th  Congress.]  /  No.  214.  [1st  Session. 


ENCOURAGEMENT   TO  MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  25,  1804. 

Mr.  Samuel  L.  Mitchill  made  the  following  report: 

Report  of  the  Committee  of  Commerce  and  Manufactures  on  various  memorials  and  petitions  from  citizens  of  New 
York,  New  Jersey,  Pennsylvania,  and  Maryland,  praying  for  legislative  patronage  to  several  domestic  arts, 
trades,  and  manufactures. 

During  the  first  session  of  the  seventh  Congress,  petitions  and  memorials  were  presented  to  Congress  from  the 
manufacturers  of  gunpowder,  of  hats,  of  printing  types,  of  brushes,  and  of  stone  ware.  These  were  severally  referred 
to  the  Committee  of  Commerce  and  Manufactures,  and  upon  them  a  distinct  report  was  made  on  the  10th  of  Febru- 
ary, 1802.  In  the  course  of  the  same  session,  a  report  was  maile  by  the  same  committee  on  the  subject  of  hemp,  in 
consequence  of  a  memorial  from  certain  citizens  praying  an  increase  of  duty  on  imported  hemp  and  sail  duck.  This 
was  presented  to  the  House  on  the  I8th  February,  1802. 

Afterwards,  during  the  same  sessicm,  the  memorials  and  petitions  of  various  manufacturers  of  starch,  paper,  and 
umbrellas,  referred  by  order  of  the  House,  were  severally  reported  on.  And  this  report  was  offered  on  the  8th 
March,  1802. 

The  session  then  drawing  towards  a  close,  the  reports  on  these  petitions,  together  with  the  memorials  of  sundry 
calico  printers,  cordwainers,  and  shoemakers,  were,  few  of  them,  acted  on.  but  were  left,  with  other  unfinished 
business,  to  be  taken  up  at  the  succeeding  session.  The  resolution  of  the  House,  to  this  effect,  passed  on  the  16th  of 
April,  1802. 

In  the  course  of  that  succeeding  session,  a  considerable  number  of  the  former  petitions  were  renewed,  or  others 
presented  tor  similar  purposes;  and  to  the  former  collection  were  added  memorials  from  printers,  comb  makers, 
gun  smiths,  and  cork  cutters.     The  report  on  this  volume  of  memorials  was  made  on  the  21st  of  February,  1803. 

A  number  of  these  memorials,  or  others  of  the  like  import,  have  been  presented  again  during  the  present  session. 
The  cutters  of  corks,  the  makers  of  plated  trappings  for  cari-iages  and  horses,  the  stainers  of  plain  cotton  goods,  and, 
in  short,  the  ilomestic  tradesmen  and  artists  oi"  almost  every  other  denomination,  haveapplied  to  Congress  to  patron- 
ize tiieir  respective  employments,  and  to  increase  their  profits.  The  modes  of  favoring  domestic  manufactures  by 
governmental  aid,  may  be  reduced  to  the  following  heads: 

1st.  Encouragement  by  exempting  imported  raw  materials  from  imposts. — Already  has  it  been  recommended 
to  (he  House  to  encourage  some  of  our  domestic  manufactures  by  increasing  the  facility  of  introducing  the  raw  mate- 
rials \yhich  enter  into  them.  And  it  was  thought  a  sufficient  encouragement  for  the  manufacture  of  wheat  into  flour, 
and  of  mill  stones,  that  rough  or  un wrought  burrs  should  be  admitteilfree  from  duty.  The  like  opinion  was  enter- 
tained concerning  the  encouragement  of  the  brush  manufacture,  by  advising  that  bristles  of  swine  should  be  admitted 
free.  As  our  country  is  not  known,  as  yet,  to  furnish  pure  antimony,  the  exemption  of  the  regulus  of  that  metal 
from  impost,  was  thought  a  sufficient  encouragement  for  the  incipient  type  manufacture.  The  paper  manufacture 
seemed  to  be  sufficiently  provided  for,  if  rags  were  permitted  to  be  brought  into  the  country  without  being  dutied. 
Though  saltpetre  and  suipiiur  both  abound  in  the  United  States,  yet,  as  their  preparation  is  still  in  a  backward  state, 
it  v.as  thought  that  the  manufacture  of  gunpowder  would  receive  due  patronage  by  exempting  them  both  from  the 
payment  of  impost  on  their  importation  from  Italy  and  India.  Some  think  indigo  ought  to  come  free;  as  also  the 
bark  of  the  cork  tree. 

2d.  Encouragement  by  laying  higher  or  prohibit  duties  on  manufactured  articles  imported. — It  has  been  urged 
that  a  duty  of  twenty-five  pei-  centum  ad  valorem,  on  fur  hats,  brushes,  stone  ware,  saddles,  cannon  ball,  glass  bot- 
tles, and  glass  ware  of  all  kinds;  and  fifty  cents  on  umbrellas;  three  cents  per  pound  on  starch;  and  four  cents  on 
hair  powder,  vvould  have  an  operation  favorable  to  the  domestic  enterprise  of  hatters,  brush  makers,  potters,  saddlers, 
iron  masters,  glass,  umbrella,  and  starch  nianufiicturers. 

In  like  manner  it  has  been  considered  by  a  former  committee  that,  if  five  cents  the  pound  was  laid  upon  import- 
ed gunpowder;  three  cents  per  pound  upon  glue;  two  cents  per  pound  upon  tarred  cordage;  two  and  a  half  cents 
upon  untarred  cordage  or  yarns;  on  printed  calicoes  an  additional  duty  of  two  and  a  half  per  cent.;  on  all  {)lated 
ware,  an  additional  iluty  of  five  per  cent.;  on  soap,  three  cents  the  pound;  on  candles  of  tallow,  three  cents  the 
pound;  on  anchors,  two  cents  per  pound;  on  spikes  or  bolts  of  iron,  two  cents  per  pour.d;  oa  cut,  slitted,  or  rolled 
iron,  one  cent  per  pound;  on  foreign  pickled  fish,  one  dollar  the  barrel;  and  on  all  dried  fish,  one  dollar  the  quintal; 
there  would  be  an  adequate  governmental  aid  extended  to  the  manufacturers  of  gunpowder,  glue,  cordage,  soap, 
and  candies,  anchors,  spikes,  slit  iron,  and  to  the  cod  fishery. 

•3d.  Encouragement  by  withholding  drawback  from  articles  of  foreign  manufacture  exported  again. — This  is 
done  alredy  in  the  case  of  loaf  and  refined  sugar,  and  might  easily  be  extended  to  other  articles. 

-1th.  Encouragement  by  allotcing  drawback  of  duties  paid  on  domestic  manufactures  equal  to  what  was  paid  for 
the  raw  uuiferials  on  their  importation. — This  has  generally  been  allowed  on  the  exportation  of  sugar  refined  from 
the  foreign  material,  and  on  rum  distilled  from  fiireign  molasses,  though,  under  our  present  law.  neither  is  entitled 
to  the  tirawbick.  it  has  been  supposed  tliat  plain  cottons,  which  undergo  the  operation  of  staining  and  printing 
within  the  countiy,  iniglit  be  permitted  to  receive  drawback  on  exportation  in  the  form  of  calicoes. 

5th.  By  direct Jjounties.—TWii  mode  of  encouragement  has  been  thought  to  have  been  employed  partially  in  the 
curing  and  exporting  of  cod  fish,  and  could  be  extende<l  to  other  branches  of  business,  if  sound  policy  required  it. 

Froin  this  view  of  the  proceedings  of  Congress,  it  will  appear  that  mucli  has  been  done  already  to  encourage  the 
dciniestic  industry  of  our  citi'/.ens. 

That  industry,  under  such  aids  as  th.e  Government  by  these  means  lias  given,  at  a  time  when  population  is  so 
rapidly  increasing,  has  caused  useful  arts  and  manufactures  to  rise  up  and  tin-ive  in  almost  every  part  of  the  country. 
Our  works  in  wood,  copper,  hemp,  leather,  and  iron,  are  already  excellent  and  extensive.  And,  if  we  do  not  excel 
in  the  manufiuture  of  the  finer  articles  of  cotton,  silk,  wool,  aiul  the  metals,  we  may  felicitate  ourselves  that,  by 
reason  of  the  ea»e  of  gaining  a  subsistence,  and  the  high  price  of  wages,  our  fel  low  citizens,  born  to  happier  destinies, 
are  not  doomed  to  the  wretchedness  of  a  strict  discipline  in  such  manufiictories. 

Our  citizens  are  distinguished  iiir  their  ingenuity  and  skill.  They  have  invented  many  expedients  by  machinery 
to  s'lorten  ;'.nd  cheapen  labor.  The  machine  for  making  wool  and'cottoa  cards,  the  machines  for  ginning  cotton, 
the  macliini's  for  cutting  and  heading  nails,  the  machinery  for  elevating  wheat,  and  for  raising  and  stn-iing  meal,  in 
mills,  and  ill.-  improvements  in  (he  manufacture,  of  muskets,  class  with  the  most  useful  inventions  v.ith  which  the 
age  li;;s  beei;  adoriied. 

ft  is.  perhaps,  to  be  regretted  by  the  petitioners,  that  Congress  is  deprived  of  the  power  to  encourage  manufac- 
tures by  imposing  duties  on  certain  domestic  raw  materials,  if  exported.  If  this,  lio\\ever.  had  not  been  withheld 
by  the  constitution,  an  expert  duty  upon  lioins  and  bones  of  oxen  and  deer,  might  operate  in  favor  of  the  comb,  knife, 
lantern.  &c.  manufacture;  and  an  export  duty  upon  gieen  myrtle  wax  might  favor  the  bleaching  of  that  choice 
vegetable  production,  and  the  formation  of  white  candles  from  it;  so,  perhaps,  the  laying  an  export  duty  upon  furs 
would  be  a  rc-.dy  method  of  aiding  the  hat  manuiacture.  Or,  to  lake  a  stronger  case,  an  export  duly  on  provisions, 
by  making  bread,  meal,  and  otlier  articles  of  litod  cheap  at  home,  might  be  viewed  by  scime  of  the  petitioners  as  a 
capita!  method  of  lowering  labor  and  encouraging  domestic  manufactures.  But  none  of  thi:-;  latter  class  of  expedi- 
ents is  under  the  control  of  the  Government. 


1804.]  REMISSION   TO   COLLETOR,   &c.  81 

The  committee  observe  in  the  journal  of  the  House,  that,  on  the  21st  of  February,  1803,  a  resolve  was  oassed 
directing  the  Secretary  of  the  Treasury  to  prepare,  and  lay  before  Congress,  a  plan  foi-  the  levying  new  ana  more 
specific  duties  on  goods,wares,  and  merchandise,  imported  into  the  United  States,  so  that  the  same  shall,  as  near  as 
may  be,  neither  increase  nor  diminish  the  ])iesent  revenue  collected  from  imports.  From  this  plan,  lately  presented 
to  Congress,  additional  liglit  has  been  thrown  on  this  subject. 

In  tlie  mean  time,  it  ought  to  be  considered  that  there  is  great  scope  for  agriculture,  tillage,  and  rural  employ- 
ment, in  the  United  States.  Agriculture  is  the  great  occupation  \viiicli  sets  in  motion  all  kinds  of  manufactures.  It 
furiiislies  both  tlie  raw  materials,  and  tlie  articles  of  subsistence  to  those  who  are  engaged  in  manufacturing  employ  - 
ments.  Tlie  cultivation  of  the  earth  is,  theiefore.  absolutely  necessary  to  provide  the  ingiedients  for  arti/.ans  to 
work  upon,  and  the  food  for  enabling  them  to  live,  while  they  are  engaged  in  labor.  This  being  the  fact,  the  great 
question  arises,  whether  we  shall  furnish  raw  materials  and  food  to  marnifacturers  in  our  own  country,  or  in  foreign 
lands.'' 

Political  ecoKomists  will  instantly  see  that  the  good  of  the  revenue,  and  the  happiness  of  the  people,  are  best 
promoted  by  ottering  a  part  of  our  unwrought  materials,  and  of  our  surplus  provision^;,  to  domestic  manufacturers, 
and,  at  the  same  time,  to  export  the  other  part  of  what  we  can  spare,  in  exchange  for  the  wrought  productions  of 
foreign  manufactories. 

In  a  country  devoted  to  agiiculture,  the  cluster  of  arts  andtratles  which  minister  toils  wants  spring  up  of  course, 
and  almost  from  necessity.  The  plainer,  c(!arser,  and  more  useful  fabrics  in  wood,  wool,  lealhei',  iron,Hax,  cotton, 
and  stone,  are  manufactured  with  tolerable  skill;  wliile  the  more  fine,  costly,  and  high  wrought  articles  of  those 
several  kinds,  can  be  procured  more  conveniently  from  foreign  parts.  And  while  the  country  consumer  pays  for  the 
former  with  one  part  of  his  spare  produce,  he  barters  away  the  other  part  to  procure  a  proportion  of  the  latter. 

There  may  be  some  danger  in  refusing  to  adnnt  the  maiuifactures  of  foreign  countries;  for,  by  the  adoption  of 
such  a  measure,  we  should  have  no  market  abroad  foi-  our  produce,  and  industry  would  lose  one  of  its  chief  incen- 
tives at  home. 

In  addition  to  the  wise  calculations  and  estimates  of  our  predecessors  in  Congress,  who  devised  the  existing  sys- 
tem of  imposts,  there  may  probably  be  something  done.  And  the  following  plan  appears  to  the  committee  as  well 
adapted  as  any  thing  that  has  occurred,  to  suit  the  wishes  of  the  petitioners  as  fir  as  seems  reasonable,  and  as  actual 
circumstances  warrant: 

Resolved,  That  rags  of  linen,  cotton,  woollen,  and  hempen  cloths;  bristles  of  swine;  rcgulus  of  antimony;  un- 
wrought burr  stones;  saltpetre;  and  the  bark  of  the  cork  tree,  (which  pay  at  present  \'ik  per  cent,  ad  valorem)  be 
admitted  free  of  duties. 

Resolved,  That  brushes  and  black  bottles,  (now  paying  a  duty  of  131  pei'  cent.)  be  henceforward  charged  \vith  a 
duty  of  25  per  cent. 

Resolved,  That  fur  hats,  and  plated  ware,  (which  now  pay  15  per  cent.)  shall  be  raised  to  a  duty  of -30  per  cent. 

Resolved,  That  stone  ware,  window  glass,  and  cannun  ball,  (which  now  pay  15  per  cent.)  be  hereafter  charged 
with  a  duty  of  25  per  cent. 

Resolved,  Tiiat  foreign  pickled  and  dried  fish,  (which  now  pay  12j  per  cent,  ad  ^  r.lorera)  be  subjected  to  a  duty 
of  150  cents  the  barrel  lor  the  former,  ..nd  of  100  cent^  the  quintal  for  the  latter. 

Resolved,  That  a  duty  of  3  cents  the  pound  be  laid  upon  starch,  of  1  cents  the  pouml  upon  hair  powder,  and  4 
cents  upon  glue,  on  their  importation,  in  lieu  of  the  present  duties  of  15  per  cent,  ad  valorem. 

Resolved,  That  printed  calicoes,  and  gun-powder,  (now  paying  12,4  per  cent.)  bj  henceforward  charged  with  a 
duty  of  15  per  cent. 

Resolved,  That  tarred  cordage  and  cables  (now  paying  180  cents  the  cwt.)  be  subjected  to  a  duty  of  2  cents  the 
poutul;  and  tiiat  untarred  cordage  (now  paying  225  cents  the  cwt.)  be  made  to  pay  2^  cents  the  pound. 

Resolved,  That  a  duty  of  50  cents  a  piece  be  laid  upon  uusbrellas;  of  3  cents  per  pound  upon  soap;  of  3  cents 
the  pound  upon  tallow  candles;  of  2  tents  the  pouiui  upon  anchors;  of  2.^  cents  upon  spikes  and  bolts  of  iron. 


tJthCoNGRKss.]  No.  215.  [IsiSessiox. 


REMISSION   TO   THE   (  OLLECTOR   AND   NAVAL   OFFICER    AT   SAVANNAH. 

COMMUNICATED  TO  THE  HOl'SE  OF   r.DPRESENTATIVES,  JANIAUV  27.   180!. 

Mr.  Samuel  L.  MrrcniLL  made  the  following  report: 

Report  of  the  Committee  of  Commerce  and  Manui'aetures,  on  the  memoiial  of  Laughlan  ^Ulntosh  and  Joseph  Ha- 
bersham, i-eferred  on  the  16th  instant: 

The  former  of  the  memorialists  is  die  late  naval  ofhcer  of  tlie  port  of  Savannah,  in  Georgia.  The  latter  is  the 
agent  of  the  estate  of  John  Habersham  deceased,  late  collector  of  the  customs  at  that  port. 

In  the  years  1791  and  1792,  the  collector  and  na^■al  officer,  from  a  misunderstanding  and  improper  construction  of 
the  revenue  laws,  at  that  time,  omitted  to  charge  the  ten  per  cent,  on  enumerated  articles  imported  in  foreign  vessels. 

After  tiie  mistake  was  detected,  the  memorialists  made  all  the  exertions  in  their  power  to  collect  these  arreara- 
ges of  duties.  And  in  this  they  were  so  successful  that  the  whole  of  the  sum  due  from  the  collector  and  naval  offi- 
cer to  the  treasury  was  recovered,  except  one  thousand  one  hundred  and  eleven  dollars  and  eighteen  cents;  and  the 
reason  why  the  whole  was  not  recovered  was,  that  many  of  the  importers  of  goods  were  transient  persons,  v,ho  never 
came  into  that  collection  district  again.  A  list  of  the  names  of  these  persons,  aiul  the  sums  of  money  owing  by  them, 
respectively,  accompanies  the  memorial. 

The  accounts  of  Mr.  MTntosh.  and  Mr.  John  Habershan,  have  never,  as  yet.  been  settled  at  the  treasury.  And 
the  object  of  the  present  application  is  to  solicit  an  exoneration  of  the  arrears  of  debt,  to  (he  amount  aforesaid;  and 
to  this  appeal  to  Congress  they  have  been  prompted,  iri  consequence  of  the  inability  (;f  the  Secietary  and  Comptroller 
of  the  Ireasury  to  grant  relief. 

It  appears  that  the  then  Secretary  of  the  Ti-easury  wr.s  inclined  to  construe  favorably  the  error  in  judgment  of 
the  collector  and  naval  officer  in  the  interpretation  of  the  law.  And  the  present  ISecietary  of  the  Treasury,  in  pur- 
suance of  the  probability  he  feels  that  the  inconvenience  complained  of  arose  from  a  nustake  in  construing  the  law, 
or  from  an  ignorance  of  it,  was  disposed  to  direct  ci-edit  to  be  given  for  the  amount.  Iie.d  imt  tiie  Comptroller  con- 
ceiyeit  that  the  law  forbade  the  exercise  of  that  discretion  in  tiie  present  case. 

The  committee  are  of  opinion,  that  the  petitioners  are  entitled  to  relief;  and  that  tiie  Secretary  of  the  Trea-u  ry 
he  authori7,ed  to  direct  credit  to  be  given  to  the  late  collector  of  Savannah,  to  the  amount  of  eleven  luindreil  antl 
eleven  dollars  and  eighteen  cents. 


32  '.        '"         FINANCE.  [1804. 


8th  Congress.]  No.  216.  [1st  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  30,  1804. 

Treasury  Department,  January  27,  1804. 

Sir' 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 

have  the  honor  to  transmit  a  statement,  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1800,  1801,  and  1802. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives. 


1804.] 


DUTIES  AND   DRAWBACKS. 


83 


A  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1800,  1801,  and  1802,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN  THE  TEAR    1800. 

IN  THE  TEAR  1801. 

IX  THE  YEAR   1802. 

SPECIES   OF  MEKCBAXDISE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Merchandise — 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Di.lls. 

Paving  a  duty  cff  10  per  cent,  ad  val. 

562,182 

191,476 

2,339 

8,444 

Do               11             do 

142,456 

90,603 

3,659 

10,331 

Do               12i           do 

2,886,365 

304,160 

4,738,042 

822,263 

3,318,075 

513,459 

Do               13J           do 

329,94- 

80,692 

688,854 

231,835 

270,171 

99,808 

Do               15             do 

1,123,015 

115,288 

1,397,954 

164,973 

1,170,338 

67,635 

Do               16^           do 

146,221 

25,750 

122,720 

25,443 

102,604 

8,561 

Do              20             do 

59,149 

4,965 

91,047 

7,159 

73,125 

6,010 

Do               22              do 

13,877 

2,654 

23,232 

3,942 

25,798 

2,092 

Wines,  at               40             do 

49,458 

57,162 

62 

3,593 

_ 

182 

Do                 44             do 

27,993 

33,519 

Wines,  Madeira, 

151,846 

11,817 

155,124 

12,202 

145,741 

12,864 

Biiigiindy  and  Cliampaigne,  - 

748 

108 

2,167 

337 

2,464 

586 

Slieny,          -             -             - 

75,493 

13,062 

26,239 

342 

268,573 

4,829 

St.  Lucar,     -             -             - 

1,220 

544 

138 

- 

650 

Lisbon,           -             -             - 

89,904 

174 

133,830 

2,711 

63,906 

767 

Oporto,          _             _              - 

9,810 

980 

4,140 

77 

20,515 

Teneriffe  and  Fayal, 

86,257 

11,9'J5 

98,885 

26,289 

107,318 

4,575 

Malag-a,          -             -             - 

68,310 

19,393 

43,206 

41,477 

71,835 

All  (ither,      -             -             - 

241,339 

132,467 

481,803 

394,002 

175,889 

130,639 

Spirits,  Foreign,  distilled  from  grain,  - 

181,082 

19,552 

252,697 

16,357 

237,069 

18,584 

Do.             from  other  materials. 

1,367,210 

94,464 

2,089,962 

121,879 

2,179,805 

104,068 

Domestic  do.  from  Molasses,    - 

203 

172 

522 

Do.  from  domestic  produce,    - 

41 

- 

24 

54 

87 

Molasses,      _             _             -             - 

194,248 

446 

299,768 

15,927 

353,431 

1,706 

Beer,  Ale,  and  Porter, 

22,114 

7,273 

15,917 

3,074 

15,751 

544 

Tea,  Bohea,               _             _            _ 

367,617 

109,027 

187,071 

68,898 

221,651 

50,047 

Souchong,           _             _            _ 

128,847 

3,589 

134,715 

55,913 

117,395 

88,069 

Hyson,  -             -             -             - 

214,978 

43,854 

186,334 

96,418 

110,436 

60,903 

Other  Green,     -             -             - 

153,353 

12,730 

248,507 

78,734 

292,488 

139,099 

Coffee,          _             -             -             - 

2,120,368 

1,773,422 

2,983,447 

2,439,944 

1,682,439 

1,284,376 

Cocoa,           _             _             -            - 

120,192 

93,334 

Xt  o,o30 

137,132 

29,526 

28,096 

Chocolate,     -             -            -            - 

61 

- 

99 

5 

175 

4 

Sugar,  Brown,            _             _             _ 

1,796,428 

734,801 

2,623,647 

1,346,382 

1,821,117 

717,353 

Clayed,             _              -              _ 

1,019,863 

840,951 

1,123,594 

1,067,532 

196,581 

252,026 

Lump,             _             _             _ 

- 

- 

70 

Loaf  and  Candy, 

1,967 

310 

1,222 

55 

1,161 

172 

All  other,        -             -             - 

- 

- 

430 

- 

55 

Candles,  Tallow,       _             -             _ 

2,544 

1,095 

5,596 

1,856 

1,297 

1,847 

Wax  and  Spermaceti, 

161 

17 

273 

108 

95 

Cheese,         _             _             _            _ 

34,649 

16,565 

50,344 

43,747 

28,382 

21,056 

Soap,             _             _             -            _ 

74,183 

34,636 

38,830 

45,560 

8,906 

11,300 

Pepper,         _             -             -             - 

158,984 

53,642 

289,124 

234,532 

371,305 

335,258 

Pimento,       _             -             -             - 

25,642 

16,827 

15,848 

10,037 

11,523 

2,010 

Tobacco,  manufactured,         -             - 

19,699 

5,314 

17,947 

1,147 

22,533 

1,220 

Snuff,            _             -             -             _ 

3,607 

109 

3,048 

3,986 

1,050 

270 

Indigo,           _             -            -             - 

167,558 

141,800 

129,380 

73,723 

78,589 

91,442 

Cotton,          _             -             -             _ 

105,787 

103,484 

129,731 

108,675 

101,699 

93,301 

Nails,             _             -             -             _ 

73,939 

14,264 

73,878 

12,543 

69,250 

6,101 

Spikes,           _             _             -             _ 

4,904 

89 

2,877 

67 

3,194 

213 

Lead,  Bar  and  other, 

24,972 

635 

23,034 

3,867 

15,178 

2,629 

Steel,  unwroiight,     -             -             _ 

9,077 

511 

15,489 

529 

12,202 

753 

Hemp,           _             -             -            _ 

19,535 

1,017 

81,435 

- 

83,446 

Cables,           _              -              _             _ 

292 

1,181 

860 

49 

1,783 

166 

Cordage,  Tarred,       -             -            _ 

19,647 

9,888 

50,900 

5,731 

20,963 

6,935 

Do.       Untarred,  and  Yarn, 

2,456 

25 

3,267 

- 

2,395 

8 

Twine  and  Pack-thread,         -             - 

8,546 

700 

7,120 

265 

6,663 

192 

Glauber  Salts,             -              _              _ 

2,832 

28 

2,995 

254 

1,756 

Salt,               _             -             _            _ 

687,387 

5,190 

686,454 

13,864 

792,838 

6,607 

Coal,               -              _             -             _ 

25,150 

181 

31,889 

227 

23,388 

Boots,            _             _             _            _ 

3,460 

323 

5,388 

383 

3,663 

230 

Shoes  and  Slippers  of  Silk, 

876 

298 

1,022 

757 

2,393 

461 

Do.   all  other,         -             -             _ 

11,766 

1,822 

13,559 

839 

11,150 

1,048 

Cards,  Wool  and  Cotton, 

2 

- 

35 

_ 

141 

Do.  Playing,           -             -            _ 

19,462 

8,997 

48,939 

52,623 

15,039 

17,155 

Dollars, 

15,261,279 

5,249,282 

20,064,059 

7,819,093 

14,766,990 

4,197,256 

Treasury  Department,  Register's  Office,  January  27,    1804. 


JOSEPH  NOURSE,  Register. 


M 


FINANCE. 


[1804. 


8th  Congress.]  No.    217. 


[1st  Session. 


SINKING  FUND. 

COMMUNICATED   TO   TlIE    SENATE,    FEBRUARY    G.    1804. 

The  Commissioners  of  tlm  Sinking  Fund  respectfully  report  to  Congress  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  report  of  the  ."ith  February, 
1803,  so  I'ar  as  the  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury,  to 
this  Board,  dated  tlie  third  day  of  the  present  month,  and  in  the  statements  therein  referred  to;  which  are  herewitli 
transmitted,  and  praved  to  be  received  as  part  of  this  report. 

JOHN  BROWN,   President  of  the  Senate. 
JAMES  MADISON,  Secretary  of  Slate. 
AliBERT  GALLATIN,  Secretary  of  the  Treaswy. 
LEVI  LINCOLN,  Attorney  General  United  States. 
Washington,  February  4,  1804. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 


That,  at  the  close  of  the  year   1801,  the  unexpended  balance  of  the  disbursements,  made  out   of  the 
treasury,  for  the  payment  of  the  principal  and  interest  of  the  public  debt,  which  was  applicable 
to  payments  falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  De- 
partment, amounted  to  -  -  ------ 

As  will  appear  by  the  statement  A. 

That,  during  the  year  1802,  the  following  disbursements  were  made  out  of  the  treasury,  on  account 
of  the  principal  and  interest  of  the  public  debt,  viz: 

I.  'J'here  was  paid  on  account  of  the  reimbursement  and  interest  of  the  domestic  fund- 
ed debt,  the  sum  of  -  -  -  -  "     .  "  .    '    4,618,021  39 

II.  On  account  of  domestic  loans  obt;uned  from  the  Bank  of  the  United  States,  viz: 
On  account  of  the  principal,  -  -  -  .  1,290,000  00 
Onacctumtof  the  interest,                     -                -                -  -        162,025  00 


$1,085,907  60 


III.  On  account  of  theiiomestic  unfunded  debt,  viz: 
On  account  of  debts  due  to  foreign  officers. 
On  account  of  certain  parts  of  the  domestic  debt. 


7,994  92 
14,906  84 


IV.  On  account  of  the  principal  and  interest  of  the  Dutch  debt,  including 
repayments  in  the  treasury,         -  -  -  ■ 

Amounting,  altogether,  to  -  -  • 

As  will  appear  by  the  annexed  list  ol'  warrants  B. 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  funds  constituting  the  ainmal  appropriation  of  $7,300,000,   for 

the  year  1802,  viz: 

From  the  fund  arising  from  interest  on  the  debt  transferred  to  the  com- 
missioners of  the  sinking  iimd,  as  per  statement  annexed  to  last 
year's  report,  marked  B,       -  - 

From  the  fund  arising  from  payments  into  the  lieasiiry,  of  debts  which 
originated  under  the  late  Government,  as  per  statement  annexed  to 
last  year's  report,  marked  C,  -  - 

From  the  fund  arising  from  dividen<ls  on  the  capitfd  stock,  which  be- 
longed to  the  United  States,  in  the  bank  of  the  said  States,  as  per 
statement  annexed  to  last  year's  leport,  marked  D, 

From  the  fund  arising  from  the  sales  of  public  lands,  being  the  amount 
of  moneys  paid  into  the  treasury,  in  the  year  1802,  as  per  state- 
ment annexed  to  last  year's  report,  market!  E,  -  - 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  import- 


1,453,035  00 

32,961  76 
3,359,993  03 


326,449  93 


888  79 


33,960  00 


179,575  52 


ed,  and  on  the  tonnage  of  ships  and  vessels. 


-  6,759,125 


II. 


Ill 


From  t!ie  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 
the  tonnage  of  ships  or  vessels,  advanced  in  part  and  on  account  of  the  annual 
appropriation  of  $7,300,000,  for  the  year  1803,         -  -  -  - 

.  Fiom  repayments  in  the  treasury,  on  account  of  remittances  purchased  for  provid- 
ing for  the  foreign  debt,  as  will  appear  by  tlie  statement  E,  viz: 

Repayment  of  the  purciiase  money,  .         _  -  ..  109,120 


Damages  and  interest  recovered. 


10,472  78 


IV.  From  the  proceeds  of  two  thousand  twoimndred  and  I'.venty  shares  of  tlie  capital 
stock  of  the  Bank  of  the  United  States,  as  per  statement  annexed  to  last  year's  re- 
port, miuked  F,  ------ 


300,000  00 


745,807  40 


119,593  78 


•    1,287,600  00 
$9,453,000  IS 


9,453,000  18 


That  (he  abovementloned  disbursements,  together  with  tiie  abovemenlioned  balance,  which  remained 

unexpended  on  the  1.--1  January,  1803,  and  anu>uutingaltogetiiei',  to  -  -  -    10,538,907  78 

Ten  millions  five  huudied  and  thirty-eight  thousand  nine  iiundred  and  seven  dollars  and  seventy- 
eight  cents,  have  been  accounted  i'or,  in  the  following  manner,  viz: 

I.  There  was  repaid  in  the  treasuiy,  during  the  year  1802,  on  account  of  protested  bills  or  advances 
made  for  contracts,  which  were  not  fulfiiied,  as  appears  by  the  abovementloned  statement  E,  a  sum 

of  -  "  .     -        .        ■  -  -  -  -  -  109,120  00 

II.  The  sums  actually  applied  during  the  same  year,  to  the  p:iyment  of  the  principal  and  interest 
of  the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amount  to 
seven  milliiins  seven  hundred  and  seventy-two  thousand  eight  hundred  and  nfty-four  dollars  and 
seventy  cents,  viz:  ^ 


1804.]  THE    SINKING    FUND.  85 


I.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,  -  -  -     3,638,714  63 

II.  On  account  of  tile  interest  and  charges  on  the  same.  -  -  -    4,134,110  07 


7,772,854  70 


As  will  appear  by  the  statement  D. 
III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1802,  and  applicable  to  payments  fall- 
ing due  after  that   year,  as   ascertained   by  accounts  rendered    to  the   Treasury  Department, 
amounted  to  (as  will  appear  by  the  statement  F)      -  -  -  -  -  -    2,656,933  08 


$10,538,907  78 


That,  during  the  year  1803,  the  following  disbursements  were  made  out  of  the  Treasury,  on  account 
of  the  principal  and  interest  of  the  public  debt,  viz: 

I.  There  was  paid  on  account  of  the  reimbursement  and  interest  of  tlie  domestic  fund- 
ed debt,  a  sum  of  ------     4,568,176  68 

II.  On  account  of  domestic  loans  obtained  from  the  Bank  of  tiie  United  States,  viz: 
On  account  of  the  principal.        -----    500,000  00 
On  account  of  the  interest.         -.-...       82.000  00 


III.  On  account  of  the  domestic  unfunded  debt,  viz: 

On  account  of  debts  due  to  foreign  officers,  -  -  -       12,123  31 

On  account  of  certain  parts  of  the  domestic  debt,  -  -      12,073  43 


582,000  00 


24,196  74 


IV.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  including  repayments 

in  the  treasury,  -  -  -  -  -  -  -     2,153,348  17 

Amounting,  altogether,  to  -  -  - 7,327,721  59 

As  will  appear  by  the  annexed  list  of  warrants,  G. 

"\^'hich  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  funds  constituting  tiie  annual  appropriation  of  $7,300,000,  for  the  year  1803,  ^iz: 

From  the  fund  arising  from  interest  on  the  debt  transferred  to  the  commissioners  of 
the  sinking  fund,  as  per  statement  N,  -  -  -     401,355  05 

From  the  fund  arising  from  payments  into  the  treasury,  of  debts  which 

originated  under  the  late  Govermnent,  as  per  statement  0,  -  135  46 

From  the  fund  arising  from  the  sales  of  public  lands,  being  the  amount 
of  moneys  paid  into  the  treasury,  in  the  year  1803,  as  per  state- 
ment P,  ------      158,949  65 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  import- 
ed, ana  on  the  tonnage  of  ships  or  vessels,  ...  -  5,993,752  44 

Amounting,  altogether,  to  -  6,554,192  60 

"Which  sum  of  -....-  6,554,19260 

Together  with  the  sum  advanced  during  the  year  1802,  on  account  ot 

the  appropriation  for  the  year  1803,  and  amounting,  as  above  stated,  to    745,807  40 

Make,  in  the  whole,  for  the  year  1803,  the  annual  appropriation  of  7,300,000  00 


II.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 
the  tonnage  of  ships  or  vessels,  advanced  in  part,  and  on  account  of  the  annual  ap- 
propriation for  the  year  1804,         -  -.■"--       753,23640 

III.  From  repayments  in  the  treasury  on  account  of  remittances  purchased  for  provid- 
ing for  the  foreign  debt,  and  of  advances  made  to  commissioners  of  loans,  as  will  ap- 
pear by  the  statement  I,  viz: 

Repajanent  of  the  purchase  money,  and  advances,      -  -  -      13,117  48 

Damages  and  interest  recovered,  -  -  -  -  -        2,218  00 

15,335  48 

IV.  From  the  moneys  appropriated  by  law,  for  paying  commissions  to  agents  employed 
in  the  purchase  of  remmittances  for  the  foreign  debt,  being  the  amount  paid  at  the 

treasuiy,  during  the  year  1803,  for  that  object,  as  will  appear  by  statement  G,        -  4,957  11 


,327,721   59 


That  the  abovementioned  disbursements,  together  with  the  above  stated  balance  of  -  -       2,656,933  08 

Which  remained  unexpended  at  the  close  of  the  year  1802,  and  with  a  further  sum  arising  from 
profits  made  on  remittances  made  to  Holland,  by  the  way  of  London,  which  is  estimated  at        -  11,200  00 


9,995,854  67 

And  amounting  altogether,  to  nine  millions  nine  hundred  and  ninety-five  thousand  eight  hun- 
ered  and  fifty-four  dollars  and  sixty-seven  cents,  will  be  accounted  for  in  the  next  annual  report, 
in  conformity  with  the  accounts  which  shall  then  have  been  rendered  to  the  Treasury  Depart- 
ment. 

That,  in  the  mean  while,  the  manner  in  which  the  said  sum  has  been  applied,  is,  from  the  partial 
accounts  which  have  been  rendered  J  and  from  the  knowledge  of  the  payments,  intended  to  be 
made  both  in  Holland  and  in  America,  estimated  as  followeth,  viz: 

I.  The  repayments  in  the  treasury  have  amounted,  as  by  the  abovementioned  statement  I,  to  -  13,1 17  48 

II.  The  sums  actually  applied,  during  the  year  1803,  to  tlie  payment  of  the  principal  and  interest  of 
the  public  debt,  are  estimated  as  followeth.  viz: 

Paid  in  reimbursement  of  the  principal  of  the  public  debt,  -  -  -    4,528,196  74 

Paid  on  account  of  interest  and  charges  on  the  same,  -  -  -     3,903,144  II 

-\mounting,  altogether,  to  -  - 8,431,340  85 

As  will  appear  by  the  estimate  K. 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1803,  and  applicable  to  payments 

falling  due  after  that  year,  is  estimated,  as  per  estimate  L.  at         -  -  -  .       1,551,396  34 


$9,995,854  67 


12  tt 


gg  FINANCE.  [1804. 


That  no  purchases  of  the  debt  of  the  United  States  have  been  made  since  the  date  of  the  last  report  to  Congress. 
And  tliat  the  statement  M  exhibits  the  operations  at  the  treasury,  in  the  transfer  of  stock  to  the  commissioners 
oftiie  sinking  fund,  in  trust  for  the  United  States,  upon  the  reimbursement  of  the   foreign  debt,  in  the  year  1802; 
and  includes  also,  the  sum  of  six  thousand  three  hundred  and   fifty-nine   dollars  and  twenty  cents,  being  the  aggre- 
gate of  the  several  species  of  stock  transferred  in  the  year  1803,  in  payment  for  public  lands. 
All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
Treasury  Department,  February  3,  1804. 


A.  -  ■ 

Statement  of  the  provision  made  before  the  1st  January,  1802,  for  the  payment  of  the  principal  and  interest  of  the 

public  debt  falling  due  after  the  year  1801. 

I.  On  account  of  the  foreign  debt.  Guilders.  Dolls.  Cts. 

1.  Cash  in  the  hands  of  the  commissioners  at  Amsterdam  and  Antwerp,  on  31st 
December.  1801: 

In  Amsterdam,  per  treasury  statements  No.  13,824  and  14,359,         -  -  -     1,508  14  02(a) 

In  ditto,  transferred  by  the  commissioners  during  the  year  1802,  from  the  account  of 
Gov.  Morris  to  the  credit'of  Dutch  debt,  being  the  balance  of  a  sum  formerly 
remitted  for  paying  the  interest  on  tiie  debt  due  to  foreign  officers,         -  -  41,787  10  08 

43,296  04   10 
Deduct  balance  due  to  C.J.  M.  De  Wolf,  in  Antwerp,         .  -  -  -     1,432  00  00 

41,864  04  10 
At  40  cents,  is  -  -  -.    .     -  -  -  16,745  69 

2.  Amount  of  remittances  paid  for  at  the  treasury  and  remitted  to  the  commission- 
ers on  or  before  the  31st  December,  1801,  which  are  credited  by  the  commis- 
sioners in  their  account  for  1802,    -------    2,240,523  04(6) 

Whicli  remittances  cost  only  $888,065  64.  but,  at  40  cents,  is  .  -  .  -  896,209  28 

3.  Amount  of  payment,  made  at  the  treasury  before  the  31st  December,  1801,  for 
remittances  which  have  been  protested  for  non-payment,  on  account  of  con- 
tracts not  fulfilled,  and  on  that  day  not  repaid  into  the  treasury,         .  -    .       ".  "  "         (c)153,120  00 

4.  Advances  made  to  G.  Simpson  and  P.  R.  Dalton,  agents  for  purchasing  bills  of 

exchange,  unexpended  on  31st  December,  1801,    -------  20,961  40 

II.  From  which  deduct,  on  account  of  the  domestic  debt,  viz: 

The  balance  on  31st  December,  1801,  in  tlie  hands  of  deceased  commissioners  of 

loans,  amounted  to              -            -            -            -            -            -            -            -  $3,393  99 

Ditto  in  the  hands  of  acting  ditto,        -------  1,196,39016 

Overpaid  to  Bank  of  United  States  beyond  the  dividends  payable  at  the  treasury,  95  88 

$1,199,880  03 
The  demands  unsatisfied  on  the  same  day,  on  that  account,  were,  viz: 
Dividends  payable  by  the  commissioners  of  loans,  including  that  due  on  1st  Janu- 
ary, 1802,  and  exclusively  of  unclaimed  dividends  no  longer  demandable  at  their 

oftices,  -  -  - $1,178,863  59 

Unclaimed  dividends  payable  at  the  treasury,  -  -  -         22,126  59 

Balance  due  to  the  late  commissioner  of  loans  for  Georgia,   -  -  18  62 


1,201,008  80 


Balance  due  on  account  of  domestic  debt,  ..----  $1,12877 

-\mount  advanced  in  anticipation  of  payments  for  the  public  debt,       -  -  -       $1,085,907  60 

NOTES  TO  STATEMENT  A. 

(fl)  In  the  account  of  the  commissioners  for  the  year  1801,  as  settled  at  the  treasury,  per  report 

13,824,  a  balance  is  stated  in  favor  of  the  United  States,  of  -  -  -  Guilders,  57,631  16  15 

In  their  account  for  the  year  1803,  as  settled  at  the  treasury,  per  report  No.  14,359,  they  are  charged 

for  transactions  antecedent  to  1802,  with  a  further  sum  of    -  -  -  -  -  -       6,146  14  03 


63,778  11  02 


From  which  deducting  an  item  for  dividends  on  stock  sold,  only  suspended  for  want  of  vouchers,  and 

amounting  to    -----------  -     62,269  17  00 


Leaves  the  balance,  as  per  statement  B,    -  -  -  -  -  -  -       1 ,508  14  02 

The  commissioners,  in  tiieir  account  for  1801,  had  stated  a  balance  due  to  them  by  the  U.  States,  of    19,676  15  00 


Making  a  difference  of       ---------     21,18509  02 


Which  difference  consists  of  the  following  items,  viz: 
Overcharge  of  3  per  cent,  on  their  charges  for  negotiating  the  loan  of  3,000,000  guilders,  of  1st  Janu- 
ary, 1794,         -             -             -             -             -             -             -             -             -                           Guilders,  15,000  00  00 

Interest  charged  by  them  on  said  sum.    -            -            -            -            -            -            -         _   -            -  2,679  09  00 

Amount  of  a  bill  paid  to  them  on  account  of  the  Dutch  debt,  and  by  them  erroneously  credited  to  the 

Department  of  State,              --...-.-.--  3^000  00  00 

Interest  on  the  said  sum.               --.--.-_--  467  05  03 

Commission  overcharged  on  payment  of  interest  on  Dutch  debt,           -           -           -           -           -  38  14  15 

Guilders,  21,185  09  02 


(6)  This  sum,  which  makes  part  of  the  sum  of  5,009,985  02  08  accounted  for  by  the  commissioners  during  the  year 
1802,  as  per  their  account  for  that  year,  settled  at  the  treasury,  (report  No.  14,359)  consists  of  the  following 
items,  viz: 

Guilders,  814,364       at  39  cents,  -      $317,60196 

1,426,159  04  at  40       "  -         571,463  68 


2,240,523  04  cost  -  -      $888,065  64 


1804.] 


THE   SINKING  FUND. 


87 


(c)  This  sum  consists  of  the  following  particulars: 

Bill  purchased  from  Pragers  &  Co.  in  1798,     - 
Ditto  A.  Brown        in  1801,     - 

Ditto  D.  Harris 

Ditto  J.  Burrall, 

Ditto  ditto 


Guilders  120,000 
60,000 
35,000 
10,000 
8,000  at  39  cts 


Advance  to  J.  and  R.  Wain,  on  account  of  a  contract  for  paying  moneys  in  Amsterdam. 

not  fulfilled  in  1801,  .-.--.--  60,000 


Dollars  .18, 000 7        ^  ;„  .^i^ 
24,000  3    y^tin  s,uii. 

14,000^ 

4,000  C  repaid  in  1802. 
3,120J 


$153,120 


Tkeasury  Department,  Register^'i  Office.  February  1,  1804. 

JOSEPH  NOURSE,  Beglsler. 


B. 

List  of  Warranls  drawn,  according  to  law,  during  the  year  1802,  on  the   Treasurer  of  the   United  States,   on 
account  of  the  Reimbursement  and  Interest  of  the  Domestic  Debt. 


No.   of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

2585 

January       18, 

1802. 

Jabez  Bowen,             .                  -                  -                  - 

$900  00 

2595 

22, 

44 

James  Davidson,        .                  -                  -                  - 

2,349  27 

2624 

•'            30, 

44 

Do.                   .                  -                  -                  . 

3,523  37 

2661 

February     26, 

4c 

James  Alger,               .                   -                   .                   - 

1,600  00 

2662 

u               n 

b» 

John  Neufville,          -                  -                  -                  , 

38,600  00 

2663 

il.                            !.(. 

44 

Sherwood  Haywood,  -                   -                   .                   - 

1,000  00 

2678 

March           4. 

^4 

James  Davidson,        -                  -                  -                  - 

10,859  28 

2693 

9, 

<4 

William  Gardner,      -                   -                   -                   - 

6,100  00 

2694 

«k                              kb 

44 

Thomas  Perkins,        -                   -                   -                   - 

154,000  00 

2695 

4ii     >                   i,i 

b4 

Jabez  Bowen,              .                   „                   .                    - 

11,350  00 

2696 

(,(,                      ii 

4  4 

William  I  inlay.          .                  -                  .                  - 

22,300  00 

2697 

i<.                      (,i 

4  4 

John  Hopkins,            -                  -                  -                  - 

12,000  00 

2705 

16, 

44 

James  Nicholson,       -                  -                   -                  - 

154,000  00 

2706 

b.             k(. 

ik 

James  Ewing,             .                  -                  .                  - 

6,400  00 

2709 

17, 

44 

James  Alger,               .                   -                   -                   - 

1,500  00 

2716 

"            22, 

^* 

Benjamin  Harwood,  -                  -                  -                  - 

12,764  92 

2727 

25, 

44 

Stephen  Moylan,        -                  -                   -                  - 

152,577  95 

2728 

26, 

b4 

John  Stockton,            .                   -                   -                   - 

2,300  00 

2730 

a               a 

4» 

George  Simpson.        .                  -                  -                  - 

301,118  44 

2731 

ii                        4. 

44 

James  Davidson,         .                   -                   -                   - 

48,578  50 

2858 

April            17, 

44 

Jabez  Bowen,             .                  -                  -                  - 

700  00 

2865 

19, 

44 

James  Davidson,        .                  -                   -                  - 

2,191   97 

2866 

k(             ii 

44 

Do.                   ...                  - 

1,597  82 

2894 

27, 

44 

Do.                   .... 

.3,666  53 

2951 

May            11, 

44 

Do.                   .... 

147  91 

2952 

U                       -i 

44 

Do.                   ...                  - 

1,737  01 

2965 

18, 

b4 

Do.                   .... 

779  36 

2966 

•  b                          b4 

44 

Do.                   .... 

8,840  29 

2968 

21, 

4b 

Sherwood  Haywood,  -                   -                    -                   - 

1.000  00 

2969 

>.             (( 

44 

John  Neufville,          .                  .                  -                   - 

35,500  00 

2978 

June              4. 

4  4 

Williaai  Gardner,      .                   -                  -                  - 

6.100  00 

2979 

'•            " 

44 

Tliomas  Perkins.        -                   -                  -                  -          ' 

154,000  00 

2980 

ii.            ii 

b< 

Jabez  Bowen,              -                   -                   -                   - 

12,100  00 

2981 

(4                       14 

44 

William  Imlay,          -                  -                  -                  - 

21,800  00 

2982 

44                       44 

k4 

John  Hopkins,            .                  .                  .                  - 

12,000  00 

2999 

9, 

44 

James  Nicholson,       .                  -                  .                  - 

158,000  00 

3000 

kb                             !,(, 

4  fc 

James  Ewing,             .                   .                  .                  . 

6,650  00 

3024 

21, 

44 

Benjamin  Harwood.  -                   -                   -                   - 

12,353  65 

3033 

24, 

b4 

Stephen  Moylan,        -                  -                   -                  - 

159,234  3T 

3039 

26, 

44 

John  Stockton,           -                  -                  -                  - 

2,509  94 

3042 

28, 

44 

George  Simpson,        .                  .                  -                  - 

396,953  22 

3043 

6i                         4b 

44 

James  Davidson,        .                  .                  -                  - 

46,266  45 

3172 

July             26, 

4to 

Do.                  ...                 - 

1,280  48 

3173 

a               u 

44 

Do.                   -                  -                  - 

4,867  74 

3176 

30, 

b4 

Do.                   -                  -                  -                  - 

1,170  94 

3177 

44                       44 

b4 

Do.                   -                  -                  - 

619  64 

3231 

August        23, 

" 

Do. 

3,672  61 

3242 

September    2, 

b4 

William  Gardner,      .                  -                  -                  - 

6,100  00 

3243 

.4                      4( 

'• 

Thomas  Perkins,        .                   .                   .                   - 

154,000  00 

3244 

44                      4( 

44 

Jabez  Bowen,              .... 

12,100  00 

3245 

44                          44 

44 

William  Imlay,          .                   .                   .                   - 

21,800  00 

3246 

44                       44 

4  4 

James  Nicholson,       .                  -                  -                  - 

158,000  00 

3247 

44                          44 

4. 

James  Ewing,              .                   .                  .                  . 

6,650  00 

3248 

44                        44 

44 

Stephen  Moylan,        .                  -                  -                   - 

159,234  37 

3249 

4  •                       44 

44 

John  Stockton,           .                  .                  _                  - 

2,509  94 

3250 

44                         4  4 

44 

Benjamin  Harwood,  -                    -                   -                   - 

12.353  65 

3251 

44                          44 

4  4 

John  Hopkins,            .                  -                  .                  - 

12,000  00 

3252 

44                         44 

44 

Sherwood  Haywood.  -                  -                  -                  •. 

1,000  00 

3253 

44                          k. 

44 

John  Neufville,           .                  -                  -                  - 

35,500  00 

3254 

>4                       44 

44 

James  Alger,               .                   .                   .                   - 

1..500  00 

3258 

3, 

44 

James  Davidson,        .                  -                  -                  - 

4.844  02 

.3271 

"            20, 

4. 

William  Gardner,      -                  -                  -                  - 

340  00 

3273 

23, 

44 

Stephen  Moylan,        .                  -                  -                   - 

6,484  92 

3274 

24, 

41 

James  Davidson.        -                  -                  -                  - 

928  49 

3281 

27, 

44 

Do.                    -                  -                .- 

45,221   64 

3282 

4k                         fck 

44 

George  Simpson,        .                  -                  .                   - 

293,232  66 

3323 

October         1. 

44 

'  Do.                   ...                  - 

3.500  00 

8t 


FINANCE. 


[1804. 


B — Continued. 


No.  of 

Warrant. 


3424 

3425 
3426 
3438 
3443 
3444 
3445 
3466 
3469 
3470 
3471 
3472 
3478 
3481 
3482 
3488 
3489 
3496 
3497 
3534 
2729 

3041 
3280 
3495 
3492 
3493 
3494 


Date. 


November  12,  1802, 


20, 
24, 


December     8, 
9, 


17, 
"  20, 

u  a 

"  24, 

"  27, 

"  28, 

a  a 

"  31 

March         26," 

June  28, 

September  27, 
December  28, 


In  whose  favor. 


Sums. 


James  Davidson,  -  -  -  - 

Do. 

William  [mlay,  -  .  .  - 

James  Davidson,  -  -  -  - 

Sherwood  Haywood,  -  -  -  -. 

John  NeutVille,  -  -  .  - 

James  Alger,  ..  .  .  . 

John  Hopkins,  -  -  -  - 

William  Imlay,  .  -  -  - 

William  Gardner,  .  -  -  - 

Tiiomas  Perkins,  -  -  -  . 

Jabez  Bowen,  -  -  -  -      ' 

James  Nicholson, 

Benjamin  Harwood,  -  -  -  - 

James  Ewing,  -  -       ■  - 

John  Stockton,  .  .  .  - 

Stephen  Moylan,  _  -  .  - 

James  Davidson,  .  .  .  - 

Geoige  Simpson,  -  .  .  - 

James  Ewing, 

Thomas  T.  Tucker,  agent  to  the  trustees  for  the  redemption 
of  the  public  debt. 

Do.  Do.  Do. 

Do.  Do.  Do. 

Do.  Do.  Do. 

Do.  Do.  Do. 

Do.  Do.  Do. 

Do.  Do.  Do. 


$18  62 

12,254  83 

15,000  00 

11,645  76 

2,500  00 

75,800  00 

2,800  00 

22,000  00 

30,700  00 

12,700  00 

290,000  00 

20,400  00 

300,000  00 

21,707  52 

10,100  00 

3,891   45 

284,775  85 

86,413  56 

36,678  22 

1,000  00 

70,685  78 

70,723  17 

70,827  51 

114,213  46 

179,575  52 

888  79 

33,960  00 


4,618,021  39 


List  of  Warrants  drawn,  according  to  law,  during  the  year  1802,  on  the   Treasurer  of  the  United  States,  on 
account  of  the  repayment  of  Principal  of  Moneys  borroived  of  the  Bank  of  the  United  States. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Sums. 

3045 
3073 

June  28,  1802. 
"     30,      " 

President,  Directors, 
Do. 

&  Co.  of  the  Bank  of  the  United  States, 
Do.                            Do. 

2,400  00 
1,287,600  00 

$1,290,000  00 

List  of  Warrants  draum,  according  to  law.  during  the  year  1802,  on  the   Treasurer  of  the   United  States,  on 

account  of  the  payment  of  Interest  on  the  Domestic  Loans. 


No.  of 
Warrant. 


2568 

2569 
2570 
2571 
2572 
2573 
2574 
2834 
3131 
3132 
3133 
3134 
3135 
3136 
3392 


Date. 

In  whose  favor. 

Sums. 

January 

14, 

1802. 

James  David 

son. 

Agent  for  the  President, 

Directors,  &  Co.  of 

the  Bank 

of  the  United  States, 

. 

$6,000  00 

4; 

4h 

44 

Do 

Do 

Do 

6,000  00 

(4 

fci 

44 

Do 

Do 

Do 

15,000  00 

ii 

4( 

4  . 

Do 

Do 

Do 

15,000  00 

4C 

bb 

44 

Do 

Do 

Do 

31,875  00 

44 

kfc 

44 

Do 

Do 

Do 

2,250  00 

44 

if. 

44 

Do 

Do 

Do 

7.200  00 

April 

9, 

4( 

Do 

Do 

Do 

2.250  00 

July 

10, 

44 

Do 

Do 

Do 

7.200  00 

(» 

bfa 

44 

Do 

Do 

Do 

28,750  00 

1,1, 

6. 

44 

Do 

Do 

Do 

6,000  00 

bfc 

bb 

4C 

Do 

Do 

Do 

15,000  00 

(.i 

hi 

44 

Do 

Do 

Do 

2,250  00 

(4 

bb 

•• 

Do 

Do 

Do 

15,000  00 

October 

20, 

44 

Do 

Do 

Do 

2,250  00 

$162,035  00 

1804.] 


THE    SINKING   FUND. 


89 


List  of  Warrants  drawn  according  to   laiv,  during  the  year   1802,  on  the   Treasurer  of  the  United   Stales,  on 
accotcnt  of  the  Neimbursement  of  Capitcd  and  Interest  of  the  Butch  Debt. 


No.  of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

2512 

January         2,  1802. 

David  Harris.                 -                   -                  -                  , 

$5,200  00 

2549 

8.      " 

Do                        - 

18,600  00 

2680 

15,      " 

S.  Smith  &  Buchanan,  -                   -                  -                  . 

20,000  00 

2581 

((               >t        a 

G.  Simpson.                    -                   -                  -                  . 

50,000  00 

2582 

a               i-i        bi. 

David  Harris.                 -                   -                  -                  _ 

24.000  00 

2586 

"            18,      " 

Do                        -                   -                   •                   . 

4,000  00 

2587 

"            19,      " 

Jonathan  Burrall,           -                   -                  - 

35,400  00 

2602 

25,     " 

David  Harris,                 -                   -            "      - 

6,000  00 

2628 

30,     " 

P.  R.  Dalton.                 -                   -                  -                  . 

50,000  00 

2629 

February       1,     " 

Moore  \V'harton.            -                   -                  -                  . 

37,000  00 

2645 

11,     '• 

Jonathan  BuiTall.           -                   -                  -                  . 

33,000  00 

2646 

a               fc(        4< 

David  Harris,                 -                   -                  - 

3,200  00 

2648 

"            12,     •' 

Do                       -                  -                 -                  ■ 

8,000  00 

2657 

"           25,     " 

Do                       -                  -                  -                  . 

134.000  00 

2660 

26,     " 

G.  Simpson.                   -                   .                  - 

200,000  00 

2666 

March           1,     " 

John  Mason,                   -•..._ 

229  20 

2680 

'•              4       " 

Jona.  Burrall,                 -                   -                  -                   . 

51,815  20 

2718 

"           23.'     " 

Diivid  Harris,                 -                   .                  - 

20,000  00 

2732 

"           26^      " 

Do                       -                  -                 -                  ■ 

6,000  00 

2734 

"            29,     " 

Do                       -                  -                 -                  " 

20.000  00 

2736 

"            31,      " 

Do                       -                  -                  -                  . 

3.446   16 

2803 

April             6,     " 

Jonathan  Burrall,           -                   -                  - 

37,200  00 

2839 

9,     " 

P.  R.  Dalton,                -                  -                  -                  ^ 

50.000  00 

2841 

"            10,      " 

David  Harris, 

12,000  00 

2889 

24,      " 

Do                       -                  -                 -                  ■ 

14,000  00 

2892 

"            26,      " 

Do                       -                  -                  -                  " 

6,000  00 

2906 

29,      " 

Jonathan  Burrall,           -                  -                   -                  " 

20.218  00 

2913 

May             3,     " 

Do                       -                  -                  -                  - 

20,000  00 

2936 

44                        ~            <4 
'1 

David  Harris,                 -                   -                  .                  " 

6.600  00 

2948 

'•                     11,         " 

Jacob  G.  Koch,              -                   -                  .                   " 

40,000  00 

2954 

12,      " 

D.  Harris,                       -                   -                  -                  ~ 

4,000  00 

2967 

'•            20,      " 

Do                       -                  .                  .                  - 

4,000  00 

2973 

27,      " 

Do                       -                  -                  .                 - 

6,000  00 

2997 

June              8,     '' 

J.  G.  Koch,                     -                   -                  -                   - 

40,000  00 

3003 

10,     " 

Jonathan  Burrall,           -                   -                  -                   - 

10,000  00 

3004 

44                       44           44 

David  Harris,                 -                   .                  .                  - 

6,000  00 

3007 

"                     11,         " 

P.  R.  Dalton,                 -                   .                  .                  - 

70,000  00 

3008 

44                     12,          " 

G.  Simpson.                    -                   -                  _                  - 

1,287.600  00 

3016 

"            16,      " 

P.  R.  Dalton,                 -                   .                  .                   - 

40,000  00 

3040 

26,      " 

J.  Burrall,                       -                   .                   .                   - 

11,200  00 

3140 

July             12,      " 

D.  Harris,                      -                   .                  .                   - 

3,897  46 

3153 

19,     " 

G.  Simpson,                    -                   .                  _                  - 

205,000  00 

3154 

H                      44            44 

D.  Harris,                       -                   -                  .                   - 

4,100  00 

3163 

"                    23,         " 

Do                        -                   -                  .                  - 

8,610  00 

3166 

26,     " 

J.  Burrall,                       -                   .                  _                   - 

92.800  00 

3167 

4  4                      44            44 

D.  Harris. 

4,100  00 

3170 

44                       44            44 

P.  R.  Dalton,                 -                  .                  .                 - 

30.000  00 

3175 

29,     " 

D.  Harris,                     -                  _                 _                  - 

10.250  00 

3207 

August         14,     " 

J.  Burrall,                       -                   .                   .                  - 

16.400  00 

3225 

21,     '' 

D.  Harris,                      -                   . 

4.100  00 

3239 

4.            27,     " 

Do                       -                  .                  '                  - 

4.100  00 

,3256 

September    3,     " 

Do                       -                  . 

3,280  00 

3260 

4,     " 

Peter  R.  Daltoii,            -                   .                  .                  - 

30.000  00 

3261 

7,      '' 

D.  Harris, 

13,300  00 

3279 

25,      " 

Do                       -                  .                  .                  - 

32,287  50 

3342 

October         5,     " 

J.  Nourse,                       -                   .                  _                   - 

3,075  00 

3347 

6,      '• 

D.  Harris, 

16,400  00 

3369 

"            11,      » 

Do                        -                   - 

2,562  50 

3377 

"            15,     « 

Do                       -                  .                  ■                  - 

10.250  00 

3395 

23,     " 

Do                       -                  .                  ■                 - 

1,640  00 

3415 

November     8,     " 

Do                       -                  .                 "_                 . 

3,075  00 

3419 

11,     " 

Henry  Cocksedge,         -                   .                  _                  . 

150.000  00 

3420 

44                       44            44 

Henry  Cocksedge,         -                   .                  _                  . 

161,111    11 

3421 

"            12,     " 

D.  Harris, 

8,200  00 

3433 

"            18,     •' 

Do                         -                   .                  "■                  - 

8,200  00 

3437 

*'           19,     " 

Do                       -.                  "                  . 

5,125  00 

3439 

"            22,     " 

Do                       -                  .                  "                  . 

4,920  00 

3454 

"           29,     " 

Do                                          ... 

6.150  00 

3456 

'4                       44           ,4 

Peter  Muhlenberg,  assignee,  &c.     _ 

4,000  00 

3458 

"            30,     " 

Do             Do          .           ;;           . 

3.314  90 

3461 

December     4,     " 

D.  Harris, 

5,125  00 

3473 

16,     " 

Do                       -                  . 

4.510  00 

3477 

44                      44            <4 

Do                       -                  .                  "                 . 

4,100  00 

3490 

"           27,     " 

Do                                         .                  ■                  . 

4,100  00 

3499 

"           30,      " 

Do                       -                                    '                 . 

8.200  00 

3503 

31,      " 

Do                        -II. 

70,000  00 

•¥13,359,992  03 

FINANCE. 


[1804. 


Warrant  draivn  according  to  law,  in  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  account  of  debts  due 

to  foreign  officers. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Sum. 

3023 

June  21,  1802, 

Rossier  and  Roulet,  Attorneys  for  the  heirs  of  Col.  Gouvion, 

$7,994  92 

List  qf  warrants  drawn  according  to  law,  in  the  year  1802,  on  the  Treasurer  of  the  United  States,  on  account  of 

certain  parts  of  the  domestic  debt. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Sums. 

2601 
2659 
2677 
2802 
2908 
3917 
3970 
2990 
3120 
3360 
3410 

Jaiiuary    35,  1802, 
February  26,     " 
March         3,    " 
April           6,     " 
30,     " 
May            3,    " 
"              22,     " 
June            7,    " 
July            8,     " 
October      8,    ' ' 
November  4,    *' 

Jonathan  Snowden,          -.-..- 
Christopher  Ellery,          ------ 

Thomas  Sumter,               ------ 

Jacob  Barnitz,      -           -            .           -           .           -            - 
John  Davidson,    ------- 

David  Thomas,    ------- 

James  Davidson,  -           -           -           -            -           -           - 

William  Crawford,          ------ 

John  Davidson,    ------- 

Charles  Tomkins,            -..-.- 
Do.        do.      -           -----           - 

$33  33 

26  13 

237  62 

199  75 

103  14 

12  19 

14  07 

470  28 

28  32 

10,723  01 

3,120  00 

$14,966  84 

RECAPITULATION. 

Domestic  debt,     ------ 

Domestic  loans,    ------ 

Interest  on  do.      - 

Dutch  debt,  ------ 

Foreign  officers,   -  - 

Certain  parts  of  domestic  debt,   -  -  -  - 

Treasury  Department,  Register'' s  Office,  February  1,  1804. 


$4,618,021  39 

1,290,000  00 

163,025  00 

3,359,992^03 

7,994  92 

14,966  84 

$9,453,000  18 


JOSEPH  NOURSE,  Register. 


Statement  of  purchases  of  remittances  on  account  of  the  foreign  debt,  during  the  year  1802. 


The  balance  in  the  hands  of  George  Simpson  and  Peter  R.  Dalton,  agents  for  purchasing  bills  of  ex- 
change, on  the  31st  December,  1801,  was,  as  per  statement  A,        -  -  -  -  - 
The  amount  paid  out  of  the  treasury  during  the  year  1802,        ------ 


$20,961  40 
3,359,993  03 

$3,380,953  43 


Whicli  sum  is  accounted  for  as  follows,  viz: 
Bills  purchased,        -  -  -    Guilders      30,000  at  39|  cents,  tost 

Bills  and  remittances,  -  -  -       2,760,235  03  08  at  40        "        " 

Ditto  do.  -  .  -  -        4,730,983  10  08  at  41         "         " 


Dollars    11,925  00 

-  1,104,094  07 

-  1,939,703  24 


Guilders  7,531,218  14  00 
£  sterling  70,000,  at  4s.   6d.  -  - 


$3,055,722  31 
-      311,111   II 


3,366,833  42 
Leaving  unexpended,  on  31st  December,  1802,  in  hands  of  Messrs.  Simpson  and  Dalton,  a  balance,  as 

per  statement  F,  -.-----.--.       14.120  01 


5,380,953  43 


Treasury  Depart.ment,  Register's  Office,  February  1,  1804. 

JOSEPH  NOURSE,  Register. 


1804.]  THE    SINKING    FUND.  9I 


D. 

Statement  of  the  application,  during  the  year  1803,  of  the  fund  provided  for  the  payment  of  principal  and  interest 

of  the  public  debt. 

1.  Payments  on  account  of  the  principal  of  the  public  debt.  Dolls.  Cts. 

1.  On  the  domestic  debt: 

Reimbursement  of  old  6  per  cent,  stock,  -  .  .  -      855,637  81 

of  deferred        do.  as  per  treasury  report.  No. 

No.  14,944,  ...  -  290,145  06 


1,145,782  87 

2.  Domestic  loans  reimbursed,    -------  1,290,000  00 

3.  Debts  due  to  foreien  officers,  including  arrears  of  interest,  -  -  -  7,994  92 

Certain  parts  of  domestic  debt,  do.  do.  -  -  14,966  84 


4.  On  the  foreign  debt,  viz. 

Guilders. 

2d.  Instalment  of  loan  of  2.000,000  of  1st  February,  1784,  -  250,000 

3d.           do.            do.        3,000,000       1st  February,  1790,  -  600,000 

2,500,000       1st  March,  1791,      -  -  500,000 

1,000,000       1st  June,  1787,  -  200,000 

1,000,000       1st  June,  1788,         -  -  200,000 

6,000,000      1st  September,  1794,  -  1,200,000 


22,961  76 


1st. 

do. 

do. 

5th. 

do. 

do. 

4th. 

do. 

do. 

1st. 

do. 

do. 

2,950,000 


at  40  cents  =  1,180,000  00 

3,638,744  63 


2.  Payments  on  account  of  the  interest  and  charges  on  the  public  debt. 

1.  on  the  domestic  funded  debt.  Dolls.  Cts. 

Interest  for  the  year  1802,  on  the  several  species  of  stock  constituting 

the  domestic  funded  debt,  as  settled  at  the  treasury,       -  -       3,452,592  63 

From  vvhicli  deduct  this  sum,  being  so  much  gained  by  rejecting  mills  in 

paying  dividends,  -  -  .  .  _  19  77 


3,452,572  86 

2.  Interest  on  domestic  loans,     ----.-..  162,025  00 

S.  Interest  on  the  unfunded  debt,  being  so  much  advanced  to  George 

Simpson,  for  this  object,        ---..--.  3,500  00 

4.  Oh  the  foreign  debt,  viz: 

Interest  paid  at  Amsterdam,  Guilders  1,053,000 

Do.         do.    Antwerp,  do.  92,250 

1,145,250  at  40  cents,  =  458,100  00 
Premiums  on  loan  of  1st  February,  1784,  12,500        do.  5,000  00 

Commission  and  charges,  viz: 

at  Amsterdam,        -  -  -   14,695  9 

at  Antwerp,  -  -  -        114  1 


14,809  10,  at  40  cents,  ==  5,923  80 


Loss  on  Exchange,  viz: 

On  guilders,  remitted  from  Amsterdam,  to  D.   C. 

Antwerp,        -        -  -  -        59  1 9  at  40  cents,  ==  23  58 


On  bills  purchased  in  1802,  at  41  cents, 
amounting,  per  statement  C,  to  guil- 
ders   -----  4,730,983  10  8 

From  which  deduct  a  bill  of    -  -        27,000 

On  which,  it  having  been  protested,  no 

loss  of  exchange  took  place. . 

4,703,983  10  8 


The  loss,  at  1  cent  per  guilder,  is,  dol- 
lars, ....  47,039  83 

Deduct  profit  on  a  bill  for  30,000  guil- 
ders, purchased  at  39|  cents,  as  per 
statement  C,  -  -  -  75  00 


46,964  83 


49,988  46 

516,012  21 

4,134,110  07 


Total  amount  applied  to  the  public  debt,  during  the  year  1802,-  -  -  .  .         7,772  854  70 

Treasury  Department,  Register'' s  Office,  February  1,  1804. 

JOSEPH  NOURSE,  Register. 


FINANCE. 


[1804. 


E. 


Statement  of  repayments  rnade  into  the  Treasury,  during  the  year  1802,  on  account  of  the  Public  Debt. 


Date  of  War- 

Number of  War- 

On whom  drawn. 

Purchase    mo- 

Damages, &c. 

Total  amount  of 

rants. 

rants. 

I 

ney  repaid. 

received. 

warrant. 

April  29, 
June  19. 

567 

Jonatlian  Bunall.  - 

3,120 

720  00 

3,840  00 

571 

Jesse  and  Robert  Wain.    - 

56,992 

- 

56,992  00 

572 

Ditto,            ditto, 

3,008 

- 

3,008  00 

573 

Ditto.            ditto. 

- 

380  00 

380  00 

June  30, 

580 

David  Harris, 

14,000 

2,264  72 

16,264  72 

September  30, 

609 

Jonathan  Burrall,  -            -            - 

4,000 

800  00 

4,800  00 

610 

Ditto, 

8,000 

1,840  00 

9,840  00 

December  31, 

616 

Geor2;e  Simpson,    - 

16,000 

3,684  00 

19,684  00 

617 

David  Harris, 

4.000 

777  50 

i 

4,784  06 

^ 

Ditto,  charges. 

~ 

6  56 

$109,120 

$10,472  78 

$119,592  78 

Treasury  Department,  Register's  Office,  \st  February,  1804. 

JOSEPH  NOURSE,  Register. 


Statement  of  the  provision,  made  before  the  1st  day  of  January.  1803,  for  the  payment  of  the  principal  and  inter- 
est of  the  Public  Debt,  falling  due  after  the  year  1802. 

/.  On  account  of  the  Foreign  Debt. 

1.  Cash  in  the  hands  of  the  commissioners,  viz:  Guilders.  Dolls.  Cts. 

In  Amsterdam,  as  per  acc't  settled  at  the  treasury,  report  No.  14,359,  (e.)  1,039,823  03  ' 

From  which  deduct  a  bill  for  ....  46,750 

Credited  by  the  commissioners  in  1802,  but  not  paid  for  at  the  treasury 

till  1803,  leaves  a  balance  of  .  .  .  -  993,073  03 

In  Antwerp,  -  -  -  -  -  -  -        195 

993,268  03  at  40  cts.     397,307  26 

2.  Amount  of  remittances  paid  for  at  the  treasury,  and  remitted  to  the  commis- 

sioners, on  or  before  the  31st  December,  1802,  which  will  be  credited  in  then- 
accounts  for  the  year  1803,  (/.)  -  -  -  -  .     52,884,976  2,115,398  92 

3.  .\inount  of  payments  made  at  the  treasury  before  31st  December,  1802,  J^or 

115,070  00 

14,120  01 

2,641,896  19 


remittances,  which  have  been  protested  for  non  payment,  and  which,  on  that 
day,  had  not  been  repaid  in  the  treasury,  {g.)  ■■  -  - 

4.  Advances  made  to  George  Simpson,  and  P.  R.  Dalton,  agents  for  purchasing 


//.  On  account  of  Domestic  Debt. 

Cash  due  from  deceased  commissioners  of  loans. 
Ditto,  in  the  hands  of  acting  commissioners  of  loans. 


3,393  99 
1,220,264  83 


The  demands  unsatisfied  on  the  same  day,  on  that  account,  were  as  follows,  viz: 
1.  Dividends  payable  by  the  commissioners  of  loans,  including  that 
due  on  1st  January,  1803,  and  exclusively  of  unclaimed  divi- 
dends, no  longer  demandable  at  tlieir  offices,  -        1,193,572  27 
■   •  ■      •              -  15,049  66 


1,223,658  82 


2.  Unclaimed  dividends,  payable  at  the  treasury. 


1,208,621  93 


15,036  89 


Total  amount  of  provision  for  public  debt,  remaining  unapplied  on  31st  December,  1802,     $2,656,933  08 


KOTES. 


(e.)  The  account,  as  settled  at  the  treasury,  states  the  balance  at 

From  which  deducting  the  suspended  item,  as  explained  in  note  (a.)  to  statement  A, 

Leaves  the  amount  as  here  stated,  .  .  .  - 


Guilders. 

1,102,093  00 
62,269  17 

1,039,823  03 


(/.)  The  following  statement  proves  the  sum  of  guilders  5,288,497  06,  as  here  stated,  to  be  correct,  viz: 

Balance  in  the  hands  of  the  commissioners,  on  31st  Dec.  1801,  -  -     .  .    -         41,864  04  10 

Remittances  paid  for,  previous  to  the  year  1802,  and  credited  by  the  commissioners  in  their  ac- 
counts for  that  year,  .-.---       2,240,5230400 
Ditto,  purchased  in  1802,  per  statement  C,  in  guilders,  7,521,218  14  00 
70,000  pounds  sterling,  at  par,  produces,     -                   -                   ••  777,777  15  06 

^  a.        I      '  t-  8,298,996  09  06 


10,581,383  18  00 


1804.] 


THE  SINKING    FUND. 


93 


Amount  appplied  to  principal  and  interest  of  the  foreign  debt  in  1802,  per  statement  D,  viz: 

2,950,000 
1,172,559  10 


For  principal, 

For  interest  and  charges. 


Bills  purchased  during  the  year  1802,  protested  for  non  payment,  viz: 

Brown  and  Hackman,        -  -  .  .  . 

Felix  Imbert,  -  -  .  .  . 

Joseph  Williams,  -  -  .  .  . 

John  Halsey,  -  -  .  .  . 

Beal  Owings,  -  .  .  .  . 

E.  and  L.  Bollman,"  -  .  ^  .  . 

Cash  in  the  hands  of  commissioners.  31st  Dec.  1802,  per  this  statement. 

Loss  in  exchange,  on  remittance  of  94,250  guilders,  from  Amsterdam  to  Antwerp,  per  statement  D, 

Balance  of  remittances  outstanding.  1  -  .  . 


As  above,  .  .  . 

{g.)  Statement  of  protested  bills,  outstanding  31st  December,  1802: 

Outstanding,  31st  C  Prager's  bill  for  guilders,         l-)0,000 

Dec.  1801.  1a.  Brown's  ditto,  60,000 

rBrown  and  Hackman's   do,      60,000 

Purchased  in  1802.  ^  Beale  Owings.  do,      20,000 

C.E.  and  L.  Bollman's        do,      27,000  cost  4 


60,000 
40,000 
10.000 
20,000 
20,000 
27,000 

4,122,559  10 

177,000  00 

993,268  03 

58  19 

5,288,497  06 

tatement  D, 

- 

10,581,383  18 

$48,000^ 
24.000  3 
24.000  7 


72,000 " 


•These  bills  are  in  suit. 


287,000 


's'oooi      32,0003 
1  cts.  1 1',070        1 1 ,070  ^  This  bdl  recovered  in 

C  loOo, 


115,070         43,070 


The  following  proves  the  above  statement  to  be  correct: 

The  amount  of  protested  bills.  &c.  outstanding  31st  Dec.  1801,  per  statement  A,  was. 
The  repayments  in  1802,  for  bills,  &c.  purchased,  previous  to  31st  Dec.  1801,  per  statement  E, 
amounted  to  -  -  -  -- 

Left  outstanding  of  these  bills,  &c.  -  .  .  -  . 

The  amount  of  bills  protested,  &c.  outstanding  on  the  31st  December,  1802,  of  those  purchased 
during  that  year,  as  above,  is,     - 

Making,  together,  -  .  .  .  . 

Treasury  Department,  Register- s  Office,  \st  February,  1804. 

JOSEPH  NOURSE,  Register. 


$153,120 
81,120 
72,000 
43  070 

$115  070 


G. 

List  of  Warrants  drawn  according  to  law,  during  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  account 

qf  the  reimbursement  and  interest  of  the  Domestic  Debt. 


No.  of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

3615 

January  20,  1803, 

Jaines  Davidson,  jr. 

$1,807  37 

3622 

22, 

Do. 

1,742  16 

3657 

February  8, 

Do.                      - 

10,043  58 

3662 

10, 

William  Imlay, 

18,000  00 

3692 

March       4, 

William  Gardner, 

6,100  00 

3693 

4, 

Sherwood  Haywood,    - 

1,500  00 

3694 

4, 

John  Neufville, 

35,500  00 

3695 

4, 

Jaines  Alger, 
William  Imlay, 

700  00 

3717 

10. 

4,500  00 

3718 

10, 

John  Hopkins. 
Thomas  Perkins, 

13,200  00 

3725 

15, 

155,000  00 

3726 

15, 

Jabez  Bo  wen. 

12,000  00 

3727 

15, 

James  Nicholson, 

140,000  00 

3728 

15, 

James  Ewing, 

5,900  00 

3737 

21, 

Benjamin  Harwood.     - 

12,667  13 

3748 

24, 

Stephen  Moylan, 

168,604  17 

3749 

26, 

George  Simpson, 
James  Davidson,  jr. 

287,625  69 

3750 

26, 

45,212  61 

3755 

29, 

John  Stockton, 

2.500  00 

3827 

April         5, 

James  Davidson,  jr.      - 

690  25 

3899 

May         10, 

William  Imlay, 

15,000  00 

3905 

18, 

James  Davidson,  jr. 

766  30 

3906 

18, 

Do. 

10,386  05 

3929 

June          3, 

Sherwood  Haywood,    - 

1,300  00 

3930 

3, 

John  Neufville, 

37,000  00 

3931 

3, 

James  Alger, 

1,000  00 

3938 

7, 

William  Gardner, 

6,800  00 

3939 

7, 

John  Hopkins, 

12,000  00 

3948 

10, 

James  Davidson,  jr. 

810  68 

3960 

18, 

Thomas  Perkins, 

165,000  00 

3961 

18, 

Jabez  Bowen, 

12,000  00 

3962 

18, 

William  Imlay, 

7.000  00 

3963 

18, 

James  Nicholson, 

160,000  00 

3964 

18, 

James  Ewing. 

5,500  00 

3965 

20, 

Benjamin  Harwood. 

12,225  21 

3969 

•^4, 

Stephen  Moylan, 

171,932  25 

3971 

27, 

John  Stockton. 

2,418  48 

13 


tt 


m 


FINANCE. 


tl804. 


G — Continued. 


No.  of 

Date. 

Warrant. 

3975 

June        27,  1803, 

. 

3976 

27, 

- 

4155 

August     22, 

- 

4164 

Septem.     6, 

- 

4165 

6, 

- 

4166 

6, 

4167 

6, 

- 

4168 

6, 

- 

4181 

14, 

- 

4186 

16, 

- 

4187 

16, 

- 

4188 

16, 

- 

4189 

16, 

- 

4192 

.        19, 

- 

4194 

19, 

- 

4201 

23, 

- 

4203 

24, 

- 

4207 

28, 

- 

4208 

28, 

- 

4332 

Novem.     4, 

- 

4355 

25, 

- 

>       4367 

December  3, 

- 

4368 

3, 

- 

4369 

3, 

- 

4370 

3, 

- 

4376 

9, 

- 

4378 

12, 

- 

4391 

19, 

- 

4392 

19, 

- 

4393 

19, 

- 

4394 

19, 

- 

4395 

19, 

- 

4397 

21, 

- 

4403 

26, 

4404 

26, 

- 

4413 

29, 

- 

4414 

29, 

- 

3751 


March     26, 


3977 

June 

27, 

4209 

Septem. 

28, 

4412 

Decem. 

29, 

4411 

29, 

4410 

29, 

In  whose  favor. 


George  Simpson, 
James  Davidson,  jr. 

Do. 
William  Gardner, 
William  Imlay, 
Sherwood  Haywood, 
John  Neufville, 
James  Aker, 
John  Hoplins, 
Thomas  Perkins, 
Jabez  Bowen, 
James  Nicholson, 
James  Ewing, 
Benjamin  Harwood, 
James  Davidson,  jr. 
John  Stockton, 
Stephen  Moylan, 
George  Simpson, 
James  Davidson,  jr. 

Do. 
William  Imlay, 
William  Gardner, 
vSherwood  Haywood, 
John  Neufville, 
James  Alger, 
James  Davidson,  jr. 
John  Hopkins, 
Thomas  Perkins, 
Jabez,  Bowen, 
William  Imlay, 
James  Nicholson, 
James  Ewing, 
Benjamin  Harwood, 
Stephen  Moylan, 
John  Stockton, 
Thomas  T.  Tucker, 
James  Davidson,  jr. 


Thomas  T.  Tucker,  agent  to  the  trus- 
tees for  the  redemption  of  the  pub- 
lic debt, 

Do.  do. 

Do.  do. 

Do.  do. 

Do.  do. 

Do.  do. 


Sums. 


$283,215  99 

40,293  57 

7,737  93 

6,200  00 

22,500  00 

1,500  00 

37,300  00 

800  00 

12,000  00 

160,000  00 

11,200  00 

157,000  00 

5,700  00 

11,388  87 

852  27 

2,548  13 

181,856  27 

278,695  13 

39,988  64 

3,962  49 

15,000  00 

12,700  00 

2,400  00 

74,000  00 

600  00 

16,380  80 

22,000  00 

300,000  00 

20,300  00 

30,500  00 

292,000  00 

10,000  00 

22,451   46 

316,792  29 

4,244  72 

2,969  35 

56,226  68 


4,007,736  52 


76,881  65 

76,892  93 

76,892  94 

170,687  53 

135  4C 

158,949  65 


$4,568,176  68 


List  of  warrants  drawn  according  to  law,  during  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  ac- 
count of  payments  of  interest  on  the  Domestic  Loans. 


Number  of 

Date. 

In  whose 

favor. 

Sums. 

Warrant. 

■ 

3588 

January  10,  1803, 

James  Davidson,  Jr. 

^              _              _ 

$12,500  00 

89 

10, 

Ditto, 

. 

3,000  00 

90 

10, 

Ditto, 

- 

15,000  00 

91 

10, 

Ditto, 

- 

2,250  00 

92 

10, 

Ditto, 

-             -             - 

6,000  00 

3843 

April         7, 

Ditto, 

. 

2,250  00 

4085 

July        12, 

Ditto, 

- 

12,500  00 

86 

12, 

Ditto, 

. 

15,000  00 

87 

12, 

Ditto, 

- 

3,000  00 

88 

12, 

Ditto, 

- 

6,000  00 

89 

12, 

Ditto, 

- 

2,250  00 

4290 

October    6, 

Ditto, 

t               r 

2,250  00 

$82,000  00 

1804.] 


THE  SINKING    FUND. 


95 


List  of  warrants  drawn  according  to  law,  during  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  ac- 
count of  the  payment  of  principal  of  moneys  borrowed  of  the  Bank  of  the  United  States. 


No.  of 
Warrant. 

Date. 

In  whose   favor. 

Amount. 

4302 

4303 
4304 

October  17,  1803. 

17, 
17, 

President,  Directors,  and  Company,  of 
the  Bank  of  the  United  States, 
Ditto               Ditto           Ditto,  - 
Ditto               Ditto            Ditto,  - 

$250,000  00 
150,000  00 
100,000  00 

$500,000  00 

List  of  warrants  drawn,  according  to  laiv,  during  the  year  1803,  07i  the   Treasurer  of  the  United  States,  on  ac 
count  of  the  reimbursement  of  Capital  and  Interest  of  the  Dutch  Debt. 


No.  of 

Date. 

Warrant. 

3560 

January    6,  1803. 

. 

3561 

6. 

- 

3583 

10, 

- 

3602 

n, 

- 

3604 

18. 

- 

3605 

18, 

- 

3606 

18, 

- 

3616 

21, 

- 

3617 

21, 

- 

3618 

21, 

- 

3625 

27, 

- 

3630 

29, 

- 

3631 

29, 

- 

3642 

February  3, 

- 

3651 

3, 

- 

3653 

7, 

- 

3654 

7, 

- 

3655 

7, 

- 

3658 

9, 

- 

3661 

10, 

- 

3663 

14, 

- 

3667 

15, 

- 

3669 

17, 

- 

3671 

19, 

- 

3672 

21, 

- 

3673 

21, 

- 

3574 

21, 

- 

3678 

24, 

- 

3680 

25. 

- 

3684 

28, 

- 

3688 

March 

2, 

- 

3690 

4, 

- 

3691 

4, 

- 

3706 

7, 

- 

3707 

7, 

- 

3708 

7. 

- 

3710 

8. 

- 

3715 

10, 

- 

3729 

15, 

- 

3730 

15, 

- 

3732 

16, 

- 

3734 

18, 

- 

3738 

21, 

- 

3741 

22. 

- 

3742 

22, 

- 

3752 

28, 

- 

3756 

29. 

- 

3803 

April 

1, 

- 

3848 

8. 

- 

3856 

13. 

- 

3858 

13. 

- 

3872 

25. 

- 

3876 

26, 

- 

3883 

28, 

- 

3885 

29, 

- 

3891 

May 

7, 

- 

3903 

11, 

- 

3907 

18, 

- 

3908 

21, 

- 

3913 

27, 

- 

3914 

28, 

- 

3919 

30, 

- 

3920 

30, 

- 

3927 

June 

3, 

- 

Sums. 


Jonathan  Burrall. 
David  Harris, 

Do 
Stephen  Girard, 
Summerl  and  others,    - 
Montgomery  &  others. 
Smith  and  others, 
David  Harris, 
Israel  Wheian, 
George  Simpson, 
Israel  Wheian, 
Jonathan  Burrall, 
Israel  Wheian, 
David  Harris, 
Willings  and  Francis, 
Thos.  &  John  Clifford, 
Samuel  Meeker, 
David  Harris, 
Prattson  and  Kintzing. 

Do  - 

Jonathan  Burrall, 
David  Harris, 

Do 

Do 
Jesse  and  Rob't  Wain. 
William  Wain, 
Jacob  Gerard  Koch. 
David  Harris, 

Do 
Israel  Wheian, 
Jonathan  Burrall, 
Peter  R.  Dalton, 
David  Harris, 
Jonathan  Burrall, 
George  Simpson, 
David  Harris, 

Montgomery  and  Newbolds, 
Peter  R.  Dalton, 

Do 
Israel  Wheian, 
Jonathan  Burrall. 
Israel  Wheian. 
Peter  Roe  Dalton, 
George  Simpson, 
Israel  Wheian, 
Peter  R.  Dalton. 

Do 
George  Simpson. 
David  Harris, 

Do 
Peter  R.  Dalton. 
Jonathan  Burrall, 
Peter  R.  Dalton, 
David  Harris, 
Geoi-°;e  Simpson. 
Jonatnan  Burrall. 
David  Harris, 
Peter  R.  Dalton, 

Do 

Do 

Do 
David  Harris, 
Jonathan  Burrall, 
George  Simpson, 


$5,125  00 

4,100  00 

1,845  00 
200,000  00 
20,500  00 
28,700  00 
20,5(0  00 
14,268  00 
44,444  44 
50,000  00 
13,685  74 
138,107  8S 
11,111  11 
32,500  00 
82,000  00 
20,500  00 
10,250  00 

2,562  50 
82,000  00 

7,175  00 
15,394  03 

2,050  00 

2,255  00 
20,500  00 
65,600  00 
20,500  00 
123,000  00 
19,160  94 
10,250  00 
69,700  00 
396  56 
18,212  50 

3,690  00 
62,356  49 

8,223  85 

4,100  00 
24,600  00 
58,400  40 
13,325  00 

4,100  00 
16,400  00 
60,000  00 

2,050  00 
10,000  00 
18,000  00 
15,325  00 

4,100  00 
195  46 

4,000  00 
719  27 

1,000  00 

2,000  00 

20,000  00 

800  00 

32,000  00 

42,000  00 

4,000  00 
10,000  00 
10,000  00 

2,365  60 
343  31 

2.800  00 
153  14 

3,600  00 


.fl 


FINANCE. 


[1804. 


No.  of 

Dat 

Warrant. 

3944 

June  8, 

1803 

3945 

8, 

3951 

13, 

3952 

13, 

3955 

\ 

15, 

3959 

18, 

3966 

20, 

3970 

24, 

3902 

27, 

3981 

28. 

4064 

July 

5, 

4070 

9, 

4071 

u, 

4073 

11, 

4096 

15, 

4099 

16, 

4102 

18, 

4103 

18, 

4111 

20, 

4116 

20, 

4136 

Aufijust 

5, 

4169 

Septem 

'r6. 

4200 

22. 

4206 

27. 

4314 

October  19. 

4317 

24, 

4325 

29, 

4335 

Nov. 

7, 

4341 

12, 

4343 

17, 

4344 

17, 

4345 

17, 

4356 

26. 

4358 

Dec. 

1, 

4360 

2, 

4379 

12, 

4387 

16, 

4388 

16, 

4402 

24, 

G — Continued. 


Israel  Whelan. 
David  Harris, 
Peter  R.  Dal  ton. 
Jonathan  Burrall, 
David  Harris. 

Do 
George  Simpson. 

Do 

Do 
David  Harris. 
George  Simpson, 
David  Harris. 

Do 
Albert  Gallatin, 
David  Harris, 
George  Simpson, 
David  Harris, 
Israel  Wlielan, 
Peter  R.  Dalton, 
David  Harris, 
Jonathan  Burrall, 
George  Simpson, 
Jonathan  Burrall. 
George  Simpson. 
David  Harris, 
George  Simpson, 
Jonathan  Burrall, 
Peter  R.  Dalton, 
George  Simpson, 

Do 
Peter  R.  Dalton. 
Jonathan  Burrall, 
George  .Simpson. 
David  Hams, 
Brown  and  Ives, 
Albert  Gallatin, 
David  Harris. 
Sir  Francis  Baring. 
Peter  R.  Dalton, 


From  which  deduct  the  sum  of  $70,563  31,  included  in  the  foregoing  amount,  h\'t  which, 
by  a  Treasury  warrant.  No.  124,  the  Register  carried  to  the  following  appropriations 
in  the  Treasury  books  of  the  United  States,  viz: 

To  Diplomatic  Department,  -  •■  $65,658  71 

To  prize  causes,  -  -  -  -  3,862  50 

To  protection  of  American  seamen.  -  -  1,042  10 


Included  in  the  foregoing  list  of  warrants  are  the  following  warrants  for  commissions  to  the 
chased  the  bills,  at  one-fourth  of  one  per  cent.,  viz: 

Warrant  No.  3688,  in  favor  of  Jonathan  Burrall,  -               .               -  - 

3803           do        George  Simpson,  -                -                -  - 

3856           do        David  Harris,  .               .               .  . 

3914           do        P.  R.  Dalton,  -               -               -  - 

3920           do        Jonathan  Burrall.  _                -                -  . 

4103           do        Israel  Whelan.  .                -                -  - 

4200           do        Jonathan  Burrall,  ...  - 

4206           do        George  Simpson,  -                .                .  .. 

4314           do        David  Harris,  _               .                -  - 


$20,000  00 

800  00 

9,907  80 

12,200  00 

72,000  00 

6,000  00 

1,760  00 

2,800  00 

3,000  00 

12,000  00 

6,800  00 

24,400  00 

16,000  00 

320  00 


15,000 

00 

6,000 

00 

6,000 

00 

2,347 

97 

9,907 

20 

15,200 

00 

53,400  00 

10,000 

00 

164  00 

189 

90 

447 

50 

2,000 

00 

4,555 

55 

84,449 

99 

10,000 

00 

2,000 

00 

2,800 

00 

80,420 

40 

600 

00 

8,000 

00 

30,000  00 

200 

00 

5,600 

00 

71,111 

11 

18,488 

89 

$2,223,911 

48 

$70,563 

21 

$2,153,348 

17 

agents 

wbt 

$396  56 

195 

46 

719 

27 

343 

31 

153 

14 

2,347 

97 

164 

00 

189 

90 

447 

50 

pur 


$4,957  II 


List  of  warrants  drawn  according  to  laiv.  in  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  accovnt  of 

debts  due  to  foreign  Officers. 


Number  of 
the  Warrant. 

Date. 

In  whose  favor. 

Sums. 

3823 
3860 

April  4,  1803, 

April  20,           -            -            - 

Dec.  22, 

Lieutenant  Coi.  Cambray  in  favor  of  John 

Davidson,                   -               -               - 

Colonel  Cambray,  in  favor  of  John  D.avidson, 

Captain  Barron  D.  Utrick, 

$3,227  91 
3,749  80 

4400 

$6,977  71 
5,145  60 

$12,123  31 

1804.] 


THE    SINKING   FUND. 


97 


List  of  loarrants  drawn  according  to  law,  in  the  year  1803,  on  the  Treasurer  of  the  United  States,  on  account  of 

certain  parts  of  the  domestic  debt. 


Number  of 
the  Warrant. 

Date. 

In  whose  favor. 

Sums. 

3665 
3682 
3683 
3«85 
3711 
3714 
3864 
4134 
4380 

February  14,  1803, 

28, 

28, 

28, 
March  8, 
9, 
April  21, 
August  4, 
December  12, 

Theodorus  Bailey, 
Moses  White, 

Ditto,          -               -               -               - 
Charles  Pettit, 

John  Laub,     -               -               -               - 
Moses  White, 

John  Davidson,             -               -               - 
James  Morrison, 
James  Elliot, 

$15  95 

3,840  89 

4,200  00 

2,710  84 

73  56 

842  72 

216  43 

148  11 

24  93 

$12,073  43 

RECAPITULATION. 


Domestic  debt. 

Interest  on  domestic  loans. 

Reimbursement  of  ditto, 

Dutch  debt,     - 

Debts  due  to  foreign  officers. 

Certain  parts  of  domestic  debt. 


Treasury  Department,  Register's  Office,  \st  February,  1804. 


$4,568,176  68 

82,000  00 

500,000  00 

2,153,348  17 

12,123  31 

12,073  43 

$7,327,721  59 


JOSEPH  NOURSE,  Register. 


H. 

Amount  of  remittances  during  the  year  1803,  on  account  of  the  Dutch  debt. 

Guilders,  s.  p. 

1,809,702  10  00  at  40  cents  per  guilder,  -  -  -  .  . 

2,310,106  15  06  41 

20,000  00  00  deducting  k  per  cent,  for  thirty  days  extra  sight,      -  -  . 

46,750  00  00  deducting  &j%  charges,  -  -  -  -  . 


G.  4,186.559  05  06 


Dolls.  Cts. 

723,881  00 

947,143  77 

8,159  00 

19,160  94 

$1,698,344  71 


60,718  15  00      Deduct  transferred  to  diplomatic  fund,  per  warrant  No.  124,  at  40  cents,        24,287  50 


G.  4,125,840  10  06 


$1,674,057  21 


Sterling. 

^6108,997  18  10  at  par, 

4,500  00  OO  %k  per  cent,  advance, 

2,500  00  00  U  do. 

4,000  00  00  4  do. 


,435  25 
20,499  99 
11,305  55 

18,488  89 


119,997  18  10  534,729  68 

10,412  01  02    Deduct  transferred  to  diplomatic  fund,  per  warrant  No.  124,  at  par,    46,275  82 


£109,585   17  08 


Applied  to  purchase  of  bills, 
Paid  to  agents  for  commissions. 


488.453  86 

62,162,511   07 
4,957   11 


$2,167,468  18 


Warrants  issued  in  the  year  1803,  on  account  of  Dutch  debt,  as  per  statement  G,    2,153.348  17 
Balances  in  the  hands  of  agents  on  31st  December,  1802,         -  -  -  14,120  01 

As  above,     $2,167.468    18 

Treasury  Department,  Register\^  Office,  February  1,  1804. 

JOSEPH  NOURSE,  Register. 


Statement  of  Re-payments  made  into  the  Treasury,  during 

•  the  year  1803,  on  account  of  the  Public  Debt. 

Date  of 
Warrants. 

No.  of 
W'arrants. 

On  whom  drawn. 

Principal 
repaid. 

Damag'es 
received. 

Total 
amount  of 
warrant. 

June    30, 
July     11, 

668 
669 
686 

654 

T.  T.  Tucker,  agent  for  Wm.  Skinner, 
S.  Treadwell,         do.            do. 
T.  T.  Tucker,        do.           do. 

George  Simpson, 

Dollars, 

27  20 

1,936  95 

83  33 

- 

27  20 

1,936  95 

83  33 

March  31, 

2,047  48 
11,070  00 

2,218 

2,047  48 

13,288  00 

Domestic  Debt 
Foreign  Debt. 

13,117  48 

2,218 

15,335  48 

Treasury  Department,  Register^  Office,  February  1,  1804. 


JOSEPH  NOURSE,  Register. 


98 


FINANCE. 


[1804. 


An  Eslimatt  of  the  application,  made  during  the  year  1803,  of  the  funds  provided  for  the  payment  of  the  principal 

and  interest  af  the  Public  Debt. 


1.  On  account  of  the  Principal. 

1.  Reimbursement  of  the  six  per  cent,  and  deferred  stock,  estimated  at 

2.  Do.  of  domestic  loans,  ..... 

3.  Payment  of  debt  due  to  foreign  officers,  per  statement  G, 

Do.  of  certain  parts  of  domestic  debt,  per  do. 


4. 


$12,123  31 
12,073  43 


On  account  of  the  foreign  debt,  viz: 

3dinstalmentofloanof2,000,000,  of  Feb.  1,  1784,  guilders,  250,000 

1,000,000,  of  June  1,  1788,  do.  200,000 

3,000,000,  of  Feb.   1,  1790,  do.  600,000 

2,500,000,  of  Mar.  1,  1791,  do.  500,000 

6,000,000,  of  Sep.  1,1791,  do.  2,400,000 

3,000,000,  of  Jan.    1,1792,  do.  600,000 

2,950,000,  of  Aug.  9,  1792,  do.  600,000 

2,050,000,  of  Nov.30,  1791,  do.  820,000 

1,000,000,  of  June  1,  1793,  do.  1,000,000 


5th 

do. 

4th 

do. 

2d 

do. 

2d  &  3d 

do. 

1st 

do. 

1st 

do. 

1st  &  2d 

do. 

liOan 

do. 

6,970,000  a  40  cents. 


2.   On  account  of  interest  and  charges. 


1.  Interest  on  domestic  funded  debt,  for  1803,  estimated  at 

2.  Do.  domestic  loans,        do.        per  statement  G, 

3.  On  foreign  debt,  viz: 

Interest,  estimated  at        -  -  -  Guilders  981,800  00 

Do.  on  two  instalments,  paid  out  of  their  regular 
periods,  .  .  -  -  . 


Premiums,  -  -  - 

Commissions  and  charges,  estimated  at 


Loss  in  exchange,  on  bills  purchased  above  par. 
Commissions  to  agents  for  purchasing  bills. 


17,687  10 

999,487  10 
15,000  00 
12,000  00 

1,026,487  10  at  40  cents, 

equal  to  $410,595  00 

24,626  50 

4,957  11 


$1,216,000  00 
500,000  00 


24,196  74 


2,788,000  00 


3,380,965  50 
82.000  00 


440,178  61 


$4,528,196  74 


3,903,144  n 


$8,431,340  85 


1804.]  THE    SINKING  FUND.  99 


An  estimate  of  the  funds  provided  before  the  1st  January,  1804,  for  the  payment  of  the  principal  aud  interest  of  the 
public  debt,  tvhich,  being  unexpended  on  that  day,  are  considered  as  applicable  to  payments  fallins  due  after  the 
year  1803.  j         ^  j 

I.  On  account  of  the  foreign  debt. 
The  cash  in  the  hands  of  the  commissioners,  and  bills  outstanding,  amounted,  on 

31st  December,  1803,  as  per  statement  F,  to  -  -  Guilders,  6,281,765  09  00 

The  bills  and  remittances  made  during  1803,  arc  as  follow: 

Guilder  bills,  purchased  as  per  statement  H,  -  -    4,125,840  10  06 

From  which  deduct  a  protested  bill,        -  -  -         50,000  00  00 


4,075,840   10  06 


Sterling  bills,  as  per  same  statement,     -     £109,585  17  08 
Deduct  two  protested  bills,  -         22,500  00  00 

87,085  17  08  at  par     967,620  18  08 
Profit  in  exchange,  on  the   above  sterling  bills,  and  on  .£70,000, 
purchased  in  1802,  remitted  from  London  to  Amsterdam,  es- 
timated at        -  -  -  -  -  -        28,000  00  00 

5,071,461   08   14 


Total  to  be  accounted  for,       .  -  -  11,353,226  17  14 

The  application,  during  1803,  as  per  estimate  K,  has  been — 

For  principal,         -----  6,970,000  00  00 
For  mterest  and  charges,       -  -  -  -  1,026,487  10  00 

7,996,487  10  00 


1st  The   balance  in  the  hands  of  commissioners,   or  in  bills  outstanding,  on 

31st  December,  1803,  may  therefore  be  estimated  at  -  -  -    3,356,739  07  14 

Equal,  at  forty  cents,  to        -  -  -  -  -  -        $1,342,695  75 

2d.  The  amount  of  protested  bills  outstanding  on  the  same  day,  was  as  follows,  viz: 

rPrager's  bill,  -  -        Guilders,  120,000    -  $48,000  00  f 

Purchased  be-J  Brown's  do.     -  -  -  60,000    -    24,000  00  !  y 

fore  1803,      ]  Brown  &  Hackman's,  bill  -        60,000    -     24,000  00  V"  ^""• 

LOwing's,  do.  -        20,000     -       8,000  00  L 

fTarascon's,  do.  -        50,000  cost  20,500  00  r  Recovered  in  1803, 

j  but  not  bro't  into 
Purchased    in  j  '\  the    treasury,     by 

1803,  ^  Lwarrant,  till  1804. 

Girard's  two  bdls,       -  -      £22,500       100,000  00  Secured,  but  not  yet 

L  paid. 

224,500  00 


1,567,195  75 


II.  From  which  deduct,  on  account  of  domestic  funded  debt — 
For  unclaimed  dividends,  demandable  at  the  treasury,  and  not  yet  advanced  to  the  bank  lor  pay- 
ment to  the  creditors,  estimated  at  -  -  -  -  -  -  15  799  41 

$1,551,396  34 

RECAPITULATION. 

The  provision  applicable  to  the  year  1804j  per  the  foregoing,  -  -  $1,551,396  34 

Application  during  the  year  1803,  per  estnnate  K,  -  -  -  8,431,340  85 

Repayments  in  the  treasury  in  1803,  per  statement  I,  -  -  -  13,117  48 


9,995,854  67 


The  balance,  remaining  unexpended  31st  December,  1802,  amounted,  per  state- 
ment F,  to  -  -  -  -  -  -  -  2,656,933  08 

The  disbursements  during  the  year  1803,  as  per  statement  G,  to         -  -  7,327,721  59 

The  profit  on  sterling  bills  remitted  to  London,  and  the  proceeds  of  which  were 

remitted  from  thence  to  Holland,  estimated  at  28,000  guilders,      -  -  11,200  00 


$9,995,854  67 


100 


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1804.] 


THE   MINT. 


101 


N. 
Statement  of  moneys  arising  from  interest  on  stock  transferred  to  the  United  Slates;  being  the  amount  draivn  by 
the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  pursuant  to  the  act  of  the  8th  May,  1792.  and  agree- 
ably to  a  statement  made  at  the  Treasury,  No.  15,122,  dated  1st  February,  1804. 

1803,  March  26,  Warrant  No.  3,751,  --..--... 

June  27,  3,977,  -----... 

September  28,  4,029,  ----.... 

December  29,  4,412,  ......... 


Treasury  Department,  Eegisters  Office,  February  1,  1804. 


O. 


$76,881  65 
76,892  93 
76,892  94 

170,687  53 

$401,355  05 


JOSEPH  NOURSE,  Register. 


Statement  of  moneys  received  into  the  Treasury  in  the  year  1803,  from  an  old  debt,  rvhich  originated  prior 
to  the  present  constitution,  being  the  amount  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the 
public  debt,  on  the  '■29th  December,  1803,  pursuant  to  the  act  of  the  3d  March,  1795,  and  agreeable  to  a  statement 
made  at  the  Treasury,  No.  15,122,  dated  the  \st  February,  1804. 


135  46 


JOSEPH  NOURSE,  Register. 


From  Samuel  Squire,  late  assistant  commissary  of  purchases. 
Treasury  Department,  Register's  Office,  February  1.  1804. 

P. 

Statement  of  moneys  received  into  the   Treasury  in  the  year  1803,  from  sales  of  priblic  lands,  being  the  amount 
drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  pursuant  to  the  act  of  the  3d  March 
1795,  and  agreeably  to  a  statement  meule  at  the  Treasury,  No.  15,122,  dated  February  1,  1804.  ' 

1803,  December  29.  Warrant  No.  4,410,  -  .  .  . 


Treasury  Department,  Register''s  Office,  February  1,  1804. 


$158,949  65 


JOSEPH  NOURSE,  Register. 


8th  Congress.] 


No.    218.  [1st  Session, 


FISHING    BOUNTY. 

communicated  TO  the  house  of  representatives,   FEBRUARY   17,  1804. 

Mr.  Samuel  L.  Mitchill,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  petition 
of  Daniel  Chapman  and  others,  of  the  State  of  Connecticut,  made  the  following  report: 

The  petitioners,  twelve  in  number,  are  owners  and  charterers  of  sundry  vessels,  which  were  cleared  out  of 
different  ports  in  Connecticut  for  foreign  places.  Tiiey,  however,  proceeded  to  the  straits  of  Beilisle,  with  the  inten- 
tion of  catching  cod  fish  to  carry  with  them  to  their  respective  places  of  destination,  for  sale;  but,  the  season  being 
unfavorable,  and  their  luck  being  bad,  they  could  not  make  up  a  cargo  suitable  for  a  foreign  market,  and  were 
obliged  to  return,  in  dissapointment,  to  their  respective  ports,  at  home. 

On  applying  for  the  bounty  for  the  fisli  which  thev  took,  they  find  they  are  precluded  from  receiving  it.  because 
they  cleared  out  for  a /orei^n  marAT(,  instead  of  the  tishiii;^  ground.  It  appears  they  were  destitute'of  a  fishing 
licence,  anil  of  the  papers  necessary  for  a  fishing  voyage.  They  however  solicit  the  same  bounty  that  is  allowed  to 
regular  fishing  vessels. 

The  Committee  is  of  opinion  that  this  request  is  improper,  and  ought  not  to  be  granted. 


8th  Congress.] 


No.  219. 


[1st  Session. 


MINT. 


communicated  to  the  house  of  representatives,  march  21,  1804. 

Treasury  Department,  March  20,  1804. 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with 
sundry  statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "An  act  estal)lishing  a  mint,  and 
regulating  the  coins  of  the  United  States,"  passed  on  the  second  of  April,  onetiiousand  seven  hundred  and  ninety-two. 


Sir: 


I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant. 
The  Honorable  the  Speaker  qffhe  House  of  Representatives. 


lety- 
ALBERT  GALLATIN. 


Sir: 


Treasury  Department,  Comptroller's  Office,  March  nth,  1804. 


The  statements  marked  A,  B,  C,D,and  E,  which  are  herewith  laid  before  you,  h;ive  been  p-epared  pursuant 


to  the  seventh  section  of  an  act  of  Congress,  of  the  2d  of  April,  1792.  entitled  "  An  act  establishing  a  mint,  and 
regulating  the  coins  of  the  United  States."  These  statements  contain  all  the  information  relative  to  the  transac - 
tions  of  the  mint,  which  the  settlements  made  at  the  treasury  enable  me  to  give. 


I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant. 

The  Honorable  Albert  Gallatin,  Secretary  of  the  Treasury. 
14  ft 


G.  DUVALL. 


JQ2  FINANCE.  •■  [1804. 


Statement  of  appropriations  made  by  laivfor  the  Mnt  establishment,  for  the  year  1803,  with  the  amount  of  warrants 

drawn  by  the  Secretary  of  the  Treasury  on  said  appropriations. 

Amount  of  warrants  drawn  on  the  Treasurer  in  favor  of  the  mint,  for  the  services  of  the  year  1803,    -    $15,572  20 
Balance  unexpeniled  on  the  1st  January,  1804,      --------      65,713  15 

$81,285  35 


Balance  of  the  several  appropriations  for  the  mint  establishment,  unexpended  on  the  1st  January,  1803, 

per  statement  for  the  preceding  year,     -  -  -  -  -         ,','.,        "     ,    .    "     ^^9,535  49 

Appropriated  by  "acts  respecting  the  mint,"  dated  the  27th  May,  1796,  and  24th  Aprd,  1800,  being 

the  amount  of  cents  and  half  cents  paid  into  the  treasury  in  1803,       -  -  -  -  -       42,349  86 

Appropriated  by  "  act  making  appropriations  for  the  support  of  Government  for  the  year  1803,"  dated 

the  2d  March,  1803, 9.400  00 

$81,285  35 

Statement  of  appropriations  made  by  law  for  the  payment  of  the  salaries  of  the  officers  and  clerks  of  the  Mint,  for  the 

year  1803. 

Amount  of  warrants  drawn  on  the  Treasurer  of  the  United  States,  for  tlie  salaries  of  the  officers  and 

clerks  of  the  mint  in  1803,  -  -  -  -  -  -       ,     '       ,    \     ,    '  '    ^lO^^OO  00 

Balance  unexpended  on  the  31st  December,  1803,  which  is  to  be  carried  to  the  surplus  fund,  -  -  6  94 

$10,606  94 


Balance  unexpended  on  the  1st  January.  1803,      -  -  -  -  -  -  ",    ,        7  $6  94 

Bv  the  "  act  making  appropriations  for  the  support  of  Government  for  the  year  1803,"  passed  tiie  2d 

March,  1803,        - 10,600  00 

$10,606  94 

Statement  of  the  application  of  moneys  advanced  from  the   Treasury  of  the  United  States,  for  the  support  of  the 

Mint  establishment,  during  the  year  1803. 

The  moneys  paid  by  the  treasurer  of  the  mint,  on  warrants  drawn  by  him  on  tlie  Director,  and  admitted  by  the 
accounting  officers  of  the  treasury  of  the  United  States,  on  the  adjustment  of  his  accounts,  were  as  follow: 

Incidental  and  contingent  expenses   and  repairs  of  the  Mint. 

For  7105  dollars  95  cents,  being  the  amount  expended  for  the  requisite  repairs,  apparatus,  machines,  wages  of  work- 
men, and  other  expenses. 
Paid  in  the  1st  quarter,      ---------  $1,80574 

Paid  in  the  2d  quarter,       ---------  1,913  85 

Paid  in  the  3d  quarter,       ---------  1,750  24 

Paid  in  the  4th  quarter,     ---------  1,63612 

$7,105  95 

Copper  purchased  for  coinage. 

For  23,369  dollars  77  cents,  being  the  amount  of  the  cost  and  charges  of  copper  purchased  for  coinage,  viz: 

67,470  pounds  purchased  from  1st  October  to  31st  December,  1803,    -----       23,369  77 

Salaries  of  the  officers  and  clerks  of  the  Mint. 

Paid  in  the  1st  quarter,     -  -  -  - $2,650  00 

Paid  in  the  2d  quarter,       -  -  -  -  -  -  -  -  -  2,650  00 

Paid  in  the  3d  quarter,      ---------  2,65000 

Paid  in  the  4th  quarter,    -  -  -  -----  -  2,65000 

10,600  00 

Wastage  in  the  coinage  of  Gold  and  Silver. 
Applied  to  make  good  deficiencies  in  wastage  in  the  coinage  of  gold  and  silver,  -  -  -         1,572  20 

$42,647  92 


Balance  to  be  accounted  for  by  Benjamin  Rush,  treasurer  of  the  mint,  on  the  1st  January.  1803,           -  $10,085  17 

Mvanced  from  the  treasury  for  said  establishment,  viz: 

For  the  salaries  of  the  officers  and  clerks,  ---------  10,600  00 

.Advanced  from  the  treasury  for  the  Mint  establishment,  viz: 

For  the  purchase  of  copper,  and  the  incidental  and  contingent  expenses,            .            .           .            .  15,572  20 

Balance  due  to  the  treasurer  of  the  mint,  on  the  31st  December,  1803, per  Auditor'sreport  No.  15,150,  6,390  55 


42,647  92 


Account  of  Cents  and  Half  Cents  paid  into  the  Treasury  of  the  United  States,  by  the  Treasurer  of  the  Mint,  in  the 

year  i803. 

Paid  in  the  1st  quarter,  ----------             .  $11,68683 

Paid  in  the  2d  quarter,  -----------  21,39500 

Paid  in  the  3d  quarter,  -            -            -            -            -            -            -            -            -            -            -  6,154  50 

Paid  in  the  4th  quarter,  -----------  3,11353 


$42.349  86 

Treasury  Department,  Register's  Office,  March  3,  1804. 

JOSEPH  NOURSE,  Register. 


1804.] 


THE  MINT. 


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1804.] 


THE  MINT. 


105 


Statement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  of  the  Mint,  on  the  31s; 
December,  1802,-  the  amount  of  deposit  es  from  the  1st  January  to  the  3lst  December,  1803;  the  different  species 
of  coin  made  and  paid  on  account  of  deposites;  allowance  for  ivaslage;  and  the  balance  remaining  in  the  hands 
of  the  officers,  to  be  accounted  for  on  a  future  settlement. 

oz.  dwt.  gr.         Dolls.  Cts.  M. 
Gold  remaining  in  the  hands  ot  the  officers  of  the  mint,  on  the  31st  December, 

1803,      -  -  -  -  -  -  -  -  -  -  37     2     5  =  659     26     0 

Gold  deposited  from  the  1st  January  to  the  31st  December,  1803,         -  -     14,691     4  10=261,177     13    5 


As  above,      14,728     6   15=   26U836     39     5 


Amount  paid  on  account  of  deposites  from  the  1st  January  to  the  31st  Decem- 
ber, 1803,  -  -.   .       .- 

Add  balance  of  coins  remaining  in  the  hands  of  the  Treasurer  of  the  Mint,  on 
the  31st  December,  1803,         .---... 

Deduct  this  sum,  being  so  much  paid  out  of  the  treasury  of  the 
United  States,  in  order  to  cover  the  wastage  on  gold  by  the 
year  ending  31st  December,  1802,  -  -  ■  -  $1,332  12  5 

Also,  this  sum,  being  the  balance  of  gold  coins  remaining  in  the 
hands  of  the  treasurer  of  the  mint,  on  the  31st  December, 
1802.         -  -  -  -  -  -  -  -         367  38  5 


259,788     26     5 

288     74     5 

260,077     01     0 


Coins  made  from  the  1st  January  to  the  31st  December,  1803,  Eagles  8,979,  half 

Eagles  33,506,  quarter  Eagles  423,      -            - 
Balance  in  the  hands  of  the  officers  of  the  mint,  on  the  31st  December,  1803,  - 
Profit  and  loss,  allowed  for  wastage,  from  the  1st  January  to  the  31st  Decem- 
ber, 1803,  .  -  - 


1,699  51  0 


14,533  14  16  =  258,377  50  0 
138  13  9  =   2,464  60  5 


55  18  14  = 


994  29  0 


As  above,     14,728     6  15  =  261.836     39     5 


Silver  remaining  in  the  hands  of  the  officers  of  the  mint,  on  the  31st  December, 
1802,      ---------- 

Silver  deposited  from  the  1st  January  to  the  31st  December,  1803, 


Amount  paid  on  account  of  deposites  from  the  1st  January  to  the  31st  Decem- 
ber, 1803,  -----..-.. 

Add  balance  of  coins  remaining  in  the  hands  of  the  treasurer  of  the  mint,  on 
the  31st  December,  1803,         ------- 

Deduct  this  sum,  being  so  much  paid  out  of  the  treasury  of  the 
United  States,  in  order  to  cover  the  wastage  on  silver  for  the 
year  ending  the  31st  December,  1802,    -  -  -  -      $240    7  5 

Also,  this  sum,  being  the  balance  of  silver  coins  remaining  in  the 

hands  of  the  treasurer  of  the  mint,  on  the  31st  December,  1802,     1,324  57  0 


373     7  15 

85,481   14     0 


475     18     5 
98,632     65     5 


85,859     1   15   =     99,067     84     0 


84,154     42     5 

4,528     22     0 

88,682     64     5 


1,564     64     5 

5.502     5     8=     87,118     00     0 


Coins  made  from  the  1st  January  to  the  31st  December.  1803,  Dollars  66,064, 

half  Dollars  31,715,  Dimes  33,040,  half  Dimes  37,580, 
Balance  in  the  hands  of  the  officers  of  the  mint,  on  the  31st  December,  1803,     10,022    0    9=     n'563    54    5 
Profit  and  loss,  allowed  for  wastage,  from  the  1st  January  to  the  31st  Decern-  ' 

ber,  1803,  -  -  -  -  -  -  -  .  -  334  15  22 


386     29     5 


As  above,     85,859     l    15    =     99,067     84     0 


Comptroller's  Office,  March  10,  1804. 


ANDREW  ROSS. 


Note.— Treasury  warrants  are  di-awn  in  favor  of  the  mint,  in  order  to  cover  tlie  difference  between  tlie  amount  allowed  for 
wastage  and  tlie  amount  retained  of  deposites  made  below  standard.  »     n 


D. 


Mini  of  the  United  States  for  copper  coinage,  shewing  the  amount  purchased  and  coined,  from  the  1st  Jamtaru 
to  the  31s/  December,  1803;  and  the  profit  arising  thereon. from  the  establishment  thereof  to  the  latter  period. 


Dr. 

Avoirdupois  weight. 

Trot/  iveight. 

Cost  of  copper. 

lb.  oz.   dwt. 

lb.    oz.   dwt. 

Dolls.   Cts.   M. 

To  amount  of  rough  copper  and  planchettes  purchased,  from 
the  commencement  of  the  institution  to  the  31st  Decem- 
ber, 1802,  per  statement  marked  C,  accompanying  the 
Comptroller's  letter  of  the  2d  March,  1803. 

To  this  sum  charged  for  the  purchase  of  planchettes  in  the 
quarter  ending  31st  December,      -            .            -            . 

Balance — being  the  amount  gained,     -            -            -            . 

67,470     0     0 

577,298     2     9 
81,994     9  10 

158,053   17  0 

23,369  77  0 

29,783  80  5 

659,292   11   19 

211,206  74  5 

106 


FINANCE. 


[1804. 


D — Continued . 


Troy  weight. 

Falue. 

Cr. 

lb.   oz.  dwt. 

Dolls.   Cts.   M. 

By  amount  of  rough  copper  and  planchettes  accounted  for.  per  statement  marked 
C,  accompanying  the  Comptroller's  report  of  the  2d  March,  1803,    - 

By  amount  of  cents  charged  to  the  Treasurer  of  the  United  States,  in  the  quar- 
ter ending  31st  March,             -            -            -           -            -      .      ■ 

By  amount  of  cents  charged  to  the  Treasurer  of  the  United  States,  in  the  quar- 
ter ending  30th  June.    -            -            -            -            -            -            ■       .     ' 

By  amount  of  cents  and  half  cents  charged  to  the  Treasurer  of  the  United 
States,  in  the  quarter  ending  30th  September,            '            '            ,"            " 

By  amount  of  cents  charged  to  the  Treasurer  of  the  United  States,  in  the  quar- 
ter ending  31st  December.        -           -            "..".' 
Balance  of  copper  clippings  and  planchettes  remaining,  viz: 

In  the  hands  of  the  treasurer  of  the  mint.             -            .            -            -            - 

In  the  hands  of  the  chief  coiner,  ------- 

Copper  clippings  carried  to  the  debit  of  profit  and  loss  account. 

Allowance  made  to  the  chief  coiner,  also  carried  to  the  debit  ot  profit  and  loss 
account,  said  to  be  on  account  of  the  cents  weighing  more  than  7  dwt. 

Copper  for  which  no  account  is  given,      ------ 

510,387     2   11 

-    r 

73,508  10     1<( 

-       . 

41,013     2     6 

31,939  11     3 

314     1    10 

861     5     9 
1,218     2  19 

160,991  22 

8,740 

10,520 

2,843     3 

3,100 

14,061  66  5 
10,950  83 

659.242   11   19 

211,206  74  5 

Comptroller's  Office,  March  7,  1804. 


ANDREW  ROSS. 


E. 

Summary  statement  exhibiting  the  value  of  coins  made  at  the  Mint;  the  amount  of  dishursements  on  account  oflhe 
establishment ;  the  amount  allowed  for  wastage;  the  amount  retained  of  deposites;  and  the  amount  gained  on 
the  coinage  of  copper. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint,  to  the  31st  December, 
1802,  per  summary  statement,  marked  A,  accompanying  the  Comptroller's  re- 
port of  the  2d  of  March.  1803,       ..------ 

Value  of  gold  coins  made  from  the  1st  January  to  the  31st  December,  1803,  per 
statement  herewith,  marked  C.       ---••--  - 

Value  of  silver  coins,  do.  do.  do.       - 

Value  of  copper  coins,  do.  do.  do.      - 

Total  value  of  gold,  silver,  and  copper  coins,  made  to  the  31st  December,  1803,    - 

Nett  cliarge  on  the  coinage  of  gold,  silver,  and  copper,  to  tlie  31st  December,  1802, 
per  statement  accompanying  the  Comptroller's  report  of  the  2d  March,  1803, 
marked  E,    -  -  -  -  -  -  -  -  -.  - 

,\dd  amount  gained  on  the  coinage  of  copper,  per  statement  accompanying  tiie 
Comptroller's  report  of  the  2d  March,  1803,  marked  C,  - 

Deduct  amount  wastage,  per  the  above  statement  transmitted,  marked  E.  - 

Add  amount  retained  of  deposites,      ------- 


Add  amount  disbursed  on  account  of  the  establishment,  from  the  1st  January  to  the 
31st  December,  1803,  per  statement  herewith,  marked  A,  -  -  - 

Add  amount  of  wastage  to  the  31st  December.  1802,  per  statement  accompanying 
the  Comptroller's  report  of  the  2d  March,  1803,  marked  D, 

Add  amount  of  wastage  from  1st  January  to  31st  December,  1803.  per  statement 
herewith,  marked  C,  ------  - 


2,335  30 

107  94  5 


Total  amount  wastage  to  the  31st  December,  1803,    -  -        _  • 

Deduct  amount  retained  of  deposites,  per  former  statement  transmit- 
ted, marked  D,        ------  - 

Deduct  ditto,  from  the  1st  January  to  the  31st  December,  1803,  per 
statement  herewith,  marked  C,       - 

Total  amount  retained  of  deposites  to  the  31st  December,  1803, 


Total  amount  of  disbursements  on  account  of  the  establishment,  from  the  com- 
mencement of  the  institution  to  the  31st  December,  1803, 

From  the  above  deduct  the  gain  on  copper  coinage  from  the  commencement  of  the 
institution  to  the  31st  December,  1803,      -.-...-- 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December.  1803, 
including  the  cost  of  lots,  buildings,  machinery,  &c.        -  -  -  - 


$258,377  50 
87,118  0 
25,203     3 


$14,340 
2,335  30 


$14,340 

1,380  58  5 


$15,720  58  5 


2,443  24  5 


.561,167  77 


370,698  53 


$3,931,866  30 


$210,641  65 
25,369  30 


$236,010  95 


12.004  70 


$224,006  25 
17,705  95 


13,277  34 


$254,989  54 
29,783  80  5 


$225,205  73  5 


Comptroller's  Office,  March  10,  1804. 


ANDREW  ROSS. 


1804.]  STATE    OF    THE    FINANCES.  107 


8th  Congress.]  No.    220.  [2(1  Session. 


PROTECTING   DUTY   ON   SLATE. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  NOVEMBER  15,    180t. 

Mr.  Samuel  L.  Mitchill  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures  respectfully  submit  their  report  on  the  memoiiul  of  the  President 

and  Directors  of  the  New  York  Slate  Companies: 

Two  associations  of  individuals,  in  the  State  of  New  York,  were  formed,  one  in  the  year  1800,  and  the  otiier  in 
1803,  for  the  purpose  of  exploring  and  opening  quarries  of  slate,  witliin  Dutchess  county,  in  the  said  State.  After 
expending  considerable  capital,  they  state  that  they  have  been  successful  in  finding  slate  of  an  excellent  quality. 
This  they  have  brought  to  market  in  great  quantity,  and  offer  for  sale  at  a  reduced  price  of  fifty  per  cent.  Tiiey 
allege  that  they  are  capable'  of  supplyiiig  the  whole  domestic  demand  for  this  useful  article  of  building,  and  could 
easily  furnish  slate  of  various  sizes  and  thickness,  for  exportation.  But  they  coni])lain  of  the  rivalship  and  compe- 
tition of  the  importers  of  slate  from  foreign  countries:  who,  by  means  of  superior  numbers  and  capitals,  can,  without 
sensible  inconvenience,  submit  to  temporary  losses,  undersell  the  petitioners,  and  interrupt  the  regular  course  ot 
their  domestic  industry.  For  the  sake  of  preventing  these  discouraging  embarrassments,  they  solicit  an  increase 
of  impost  on  the  importation  of  slate  fitun  foreign  parts. 

In  the  preamable  to  the  act  "  making  further  provision  for  the  payment  of  tlie  debts  of  the  United  States,"  passed 
August  10th,  1790,  it  is  declared  tliat  duties  were  laid  on  goods,  wares,  and  merchandise,  imported,  for  the  discharge 
of  the  debts  of  the  United  States,  and  the  encouragement  and  protection  of  manufactures.  By  the  first  section 
of  that  act,  slate  was  charged  with  a  duty  of  10  per  cent,  ad  valorem.  Afterwards,  by  the  act  "for  raising  a  further 
sum  of  money  for  the  protection  of  the  frontiers,  and  for  other  purposes  therein  mentioned,"  passed  May  3d,  1790, 
an  additional  2^  per  cent,  was  added;  but  this  ceased  at  the  end  of  two  years,  by  its  own  limitation.  Then  again 
an  additional  five  per  cent,  ad  valorem  was  laid  upon  imported  slate,  by  the  first  section  of  the  "  act  for  laying  addi- 
tional duties  on  goods,  wares,  and  merchandise,  imported  into  the  United  States,"  passed  June  7th,  1794. 

A  further  impost  of  2^  per  cent  was  laid  by  the  first  section  of  tlie  "  act  further  to  protect  the  commerce  and 
seamen  of  the  United  States  against  the  Barbary  Powers,"  passed  March  '3jth,  1801,  upon  all  goods,  wares,  and  mer- 
chandise, chargeable  with  an  ad  valorem  duty.  Slate  comes  within  this  class  of  articles.  The  money  collected 
goes  to  "  the  Mediterranean  fund;"  and  this  additional  2,T  per  cent,  will  not  be  discontinued  until  three  months 
after  a  ratification  of  a  treaty  of  peace  with  Tripoli. 

Hence,  it  appears  that  the  existing  duties  on  slate,  imported  from  foreign  ports,  amount  to  17d  per  cent,  it  im- 
ported in  ships  or  vessels  of  the  United  States;  and  computing  the  10  per  cent,  additional,  amount  to  19j  per  cent, 
upon  all  slate  imported  in  vessels  not  oi'  the  United  States.  When  to  these  are  added  freigiit,  commission,  insur- 
ance, and  the  other  heavy  charges  on  such  a  bulky  article,  it  would  seem  that  a  sufficient  protecting  duty  was  already 
imposed  to  encourage  this  species  of  domestic  manufacture.  The  committee  are  inclined  to  think  it  would  be  im- 
])olitic  to  increase  the  import  to  a  7Jro/H'6<7or7/ amount. 

The  committee  cannot  forbear  to  express  a  sentiment  of  pleasure  on  this  discovery  of  an  inexhaustible  quantity  ot 
an  incombustible  material  for  covering  buildings.  The  increasing  scarcity  of  timber,  and  the  prevailing  custom  ot 
constructing  fire  proof  houses,  added  to  the  more  excellent,  it  may  be  said  unecjualled  (|uality  and  abundance  ot  the 
slate  of  New  York,  may  be  expected  in  a  short  time  to  accomplish  the  wishes  of  the  petitioners,  and  give  the  home 
made  slate  a  complete  ascendancy  in  the  market.  While,  therefore,  they  rejoice  at  the  detection  ot  this  new  re- 
source of  their  country,  and  of  its  proportionally  increased  independence,  they  forbear  to  recommend  any  augmen- 
tation ot  impost  upon  its  introduction  from  abroad.  .     . 

On  the  whole,  it  is  the  opinion  of  the  committee  that  any  additional  duty  upon  imported  slate  would,  at  this  time, 
be  inexpedient. 


8th  Congress.]  No.    221.  [ad  Session. 


STATE   OF   THE   FINANCES. 

communicated  to  the  senate,  xVovember  21,   1804. 

In  obedience  to  the  directions  of  the  act  supplementary  to  the  act,   entitled  '"  An  act  to  establish  the  Treasury 
Department,"  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

REVENUE. 

The  nett  revenue,  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  the  year  1802,  and  on 
which  the  estimates  of  last  year  were  predicated,  amounted,  as  will  appear  by  the  statement  A,  to  $10,151,000. 
The  nett  revenue,  arising  from  the  same  source,  which  accrued  during  the  year  1803,  has  amounted,  as  appears  by 
the  same  statement,  to  $11,300,000;  and  it  is  ascertained  that  the  nett  revenue  which  accrued  during  the  three  first 
quarters  of  the  year  1804,  considerably  exceeds  that  of  the  corresponding  quarters  of  the  year  1803.  \Vithout  draw- 
ing any  inference  from  the  increase  of  the  present  year,  an  increase  which  must  be  ascribed  to  the  situation  of 
Europe,  and  will,  eventually,  be  diminished  by  subsequent  re-exportations,  that  branch  of  the  revenue  may,  exclu- 
sively of  the  Mediterranean  fund,  be  safely  estimated  at  $10,730,000,  which  is  the  average  of  the  two  years  1802  and 
1803.  The  actual  payments  in  the  treasury,  on  account  of  those  duties,  during  the  year  ending  on  the  30th  of  Sep- 
tember last,  amount  nearly  to  the  same  sum;  («,)  and  there  is  no  reason  to  suppose  that  the  receipts  ot  the  ensuing, 
will  fall  short  of  those  of  last  year. 

The  statement  B   exhibits,  in  detail,  the  several  species  of  merchandise,  and  other  sources,  from  which  that 
revenue  was  collected,  during  the  year  1803. 

(a.)  10,729,708  dollars  and  54  cents. 


^Qg  FINANCE.  [1804. 


It  also  aooears,  that  the  revenue  arising  from  the  sales  of  public  lands  is  gradual  y  increasing.  The  statement 
r  shows  that  exclusively  of  the  September  sales,  at  Cincinnati,  three  hundred  and  fourteen  thousand  acres  have 
been  sold  durins  the  year  ending  on  the  30th  of  September  last.  The  proceeds  of  those  sales,  calculated  on  the  sup- 
position that  every  purchaser  will  be  entitled  to  the  discount  allowed  in  case  ot  prompt  payment,  would  yield  five 
hnnd  red  and  fifteen  thousand  dollars.  And ,  notwithstanding  the  difficulties  which  exist  m  drawing  into  the  treasury 
the  moneys  collected  by  the  receivers  of  the  remote  land  offices,  it  is  believed  that  the  actual  receipts  trom  that 
source  will,  for  the  ensuing  year,  exceed  four  hundred  and  fifty  thousand  dollars.  ,  a    .u  u 

The  permanent  revenue  of  the  United  States  may,  therelore,  including  tiie  duties  on  postage,  and  other  small 
incidental  branches,  be  computed  at  eleven  millions  two  hundred  thousand  dollars. 

\nd  the  payments  in  the  treasury,  during  the  year  1805,  on  account  ot  the  temporary  duties  which  constitute  the 
"Mediterranean  Fund,"  are  estimated  at  hve  hundred  and  fifty  thousand  dollars;  making,  in  the  whole^,  tor  the 
probable  receipts  of  that  year,  a  sum  of  --------        $11,750,000 

EXPENDITURES. 
The  expenses  of  the  year  1805,  which  must  be  defrayed  out  of  that  year,  consist  of  the  following  items: 
1.  The  annual  appropriation  of  eight  millions  of  dollars,  for  the  payment  of  the  principal  and  in- 
terest of  the  public  debt;  of  which  near  $3,700,000  wdl  be  applicable  to  the  discharge  of  the 
principal,  and  the  residue  to  the  payment  of  the  interest,  -  :    ,    ,- "        ..."  '      $8,000,000 

2  For  the  Civil  Department,  and  all  domestic  expenses  of  a  civil  nature,  including  military  pen- 

sions  the  light-house  and  mint  establishments,  and  the  expenses  ot  surveying  public  lands,  952,000 

3  For  expenses  incident  to  the  intercourse  with  foreign  nations,  including  the  payment  ot  awards 

under  the  7th  article  of  the  British  treaty,  and  the  permanent  appropriation  tor  Algiers,  -  294,000 

4  For  tlie  Military  and  Indian  departments,  including  the  permanent  appropriation  tor  certain 

Indian  tribes,  -  -  -  "  ".    .       V         ,\    .u     '  y       '  '  '  ^^'''°"° 

5  For  the  Naval  establishment,  viz.  annual  appropriation  charged  to  the  ordinary  re- 

venue  ------'  -  -  -  $650,000 

Extraordinary  expenses  of  the  last  expedition  against  Tripoli,  which  will  be  payable  in 

the  year  1805,  and  are  ciiargeable  to  the  Mediterranean  fund,       -  -  -  590,000 

1,240,000 

6.  Reserved  out  of  the  Mediterranean  fund,  for  meeting  other  extraordinary  expenses,  which  may 

be  incurred  under  the  act  constituting  the  fund,  .-----  100,000 

Making,  altogether,  -  -  -      .     ■     11,540,000 

Eleven  millions  five  hundred  and  forty  tliousand  dollars;  and,  deducted  from  the  revenue  of         -      11,750,000 

Leaves  a  surplus  of  more  than  two  hundred  thousand  dollars.  ^fS 1 0,000 

MEDITERRANEAN  FUND. 

The  sum  which  may  probably  be  received  during  the  year  1805,  on  account  of  that  fund,  and  the  payments  during 
that  vear  which  will  ultimately  be  charged  to  the  fund,  are  included  in  the  preceding  estimate  of  receipts  and 
expenditures;  but  it  is  necessary  to  give  a  distinct  view  of  the  whole  amount  of  revenue  and  expenses  under  that 

*^*Tlie  value  of  merchandise,  paying  duties  ad  valorem,  which  was  imported  in  the  year  1802,  amounts,  after 
deducting-  the  exportations  of  the  same  year,  to  $31,706,000.  The  value  of  the  same  description  of  merchandise, 
imported^in  the  year  1803,  amounts  to  $34,370,000.  The  additional  duty  of  2|  per  cent,  on  that  description  of 
imported  articles,  constitutes  the  Mediterranean  Fund,  and  calculated  on  the  average  importations  of  the  two  years, 
would  have  yielded,  annually,  $826,000.  But  several  articles,  which,  in  the  years  1802  and  1803,  paid  duties  ad 
valorem  having,  in  lieu  thei'eof,  been  charged  with  specific  duties,  by  an  act  of  last  session,  are  not  liable  to  the 
additionl'l  duty  of  2'  per  cent.  Although  the  value  of  those  articles  cannot  be  precisely  ascertained,  it  is  believed 
tiiat  the  deduction,  on  that  account,  wilfnot  amount  to  $50,000,  and  that  the  proceeds  of  the  additional  duty  may 
be'  computed  at  the  annual  sum  of  $780,000;  and  for  the  eighteen  months  commencing  on  the  1st  July,  1804,  and 
endin"  on  the  31st  December,  1805,  at  $1,170,000.  The  expenses  authorized  under  the  act  constituting  the  fund, 
have  been  predicated  on  that  estimate,  and  apportioned  in  tiie  following  manner: 

1.  For  the  Navy  Department,  (in  addition  to  the  annual  appropriation  of  $650,000)  viz. 
There  had  been  advanced,  from  the  ordinary  revenue,  prior  to  the  30th  September,  1804,         -     $350,000 
A  further  payment  will  be  made  before  the  1st  January,  1805,  ot  -  -  -       130,000 
To  be  paid  during  the  year  1805,  on  account  of  this  fund,  as  stated  under  the  5th  item  ot  ex- 
penditures for  that  year,              -------      590,000 

^  $1,070,000 

2.  Reserved  for  other  extraordinary  expenses,  which  may  be  incurred  for  the  same  object, 
being  the  6th  item  of  expenditures  for  the  year  1805,  -  -  ■  "  100,000 

$1,170,000 


Vi 


Those  duties  began  to  operate  on  the  1st  day  of  July  last;  but,  as  they  are  payable  six,  eight,  nine,  ten,  and 
twelve  months  after  the  importation,  no  part  will  be  paid  in  the  treasury  during  the  present  year;  and  a  sum  of  only 
$550,000  is  expected  to  be  received  in  the  course  of  the  year  1805.  For  that  sum  only,  credit  lias  been  taken  in  the 
general  estimate  of  receipts  for  that  year;  whilst  a  part  of  the  $1,170,000,  chargeable  to  the  fund,  has  already  been 
expended,  and  the  rest  is  included  in  the  preceding  estimate  of  expenses  for  1805.  Tiie  difterence,  amounting  to 
$620,000,  will,  at  the  end  of  the  next  year,  consist  of  outstanding  bonds,  payable  in  1806.  And,  if  the  additional 
duty  should,  as  well  as  the  extraordinary  expense  for  which  it  is  appropriated,  cease  at  that  time,  that  outstanding 
balance  will,  as  it  is  collected,  replace  in  the  treasury  the  sum  advanced  tor  the  ordmary  revenues,  in  anticipation 
of  the  proceeds  of  the  fund.  For  it  is  hoped  that  the  situation  of  the  treasury  will  render  it  unnecessary  to  recur  to 
the  authority  given  by  the  act,  to  borrow  on  the  credit  of  the  fund. 

BALANCE  IN  THE  TREASURY. 

The  greater  part  of  the  balance  of  $5,860,981  54,  which,  on  the  30th  day  of  September,  1803,  remained  in  the 
treasury, ''was,  in  the  last  year's  report,  considered  as  applicable  to  the  payments  ot  certain  extraordinary  demands, 

As  no  payment  has  been  made  on  that  account,  during  the  last  year,  besides  the  first  instalment  of  $888,000  due 
to  Great  Britain,  nor  any  other  extiaordinary  expense  been  discharged,  than  the  advance  of  $350,000,  in  anticipa- 
tion of  the  Mediterranean  fund;  the  balance  remaining  in  the  treasury  on  the  30th  September,  1804.  still  amounted 
to  $4  882,225  11.  That  sum,  together  with  the  estimated  surplus  of  revenue  for  the  year  1805,  the  sum  advanc- 
ed from  the  ordinary  revenue  to  tiie  Mediterranean  fund,  and  the  arrears  of  the  direct  tax  and  internal  revenues, 
may  still  be  considered  as  sufficient  to  discharge  the  balance  of  $1,776,000,  due  to  Great  Britain;  the  loan  of  $200,000 
due  to  Maryland;  and  two  millions  of  dollars  on  account  of  the  American  claims  assumed  by  the  French  conven- 
tion. As  the  greater  part  of  those  demands  will  be  paid  in  the  course  of  the  year  1805,  the  balance  will  not,  proba- 
bly at  the  end  of  that  year,  exceed  the  sum  which  it  is  always  expedient  to  retain  in  the  treasury. 


1804.] 


STATE    OF    THE    FINANCES. 


109 


PUBLIC   DEBT. 


It  appears  by  the  estimate  D,  that  the  payments  on  account  of  the  principal  of  the  public  debt,  have,  during  the  year 
ending  on  the  30th  September  last,  amounted  to  .  -  .  .  .     $3,652,887  15 


And  during  tiie  tlnee  years  and  a  half,  commencing  on  tlie  1st  day  of  April,  1801,  and  ending  on  the 

30th  September,  1804,  to      -  -  -  -  -  -  -  -    $13,576,891  86 


During  the  same  period,  a  new  debt  of  thirteen  millions  of  dollars  has  been  created  by  the  purchase  of  Louisia 
na,  viz: 

Six  per  cent,  stock,  issued  in  conformity  \\ith  the  convention,  .  .  .  -         $11,250,000 

Amount  of  American  claims  assumed  by  the  convention,  and  for  the  payment  of  which  authority  has 
been  given  to  obtain  a  loan:  two  millions  thereof  being  already  provided  for.  out  of  the  surplus 
specie  in  the  treasuiy,  ---..--.  1,750,000 


$13,000,000 


Another  view  of  the  subject  maybe  given,  in  the  following  manner: 

The  balance  in  the  treasury  amounted,  on  the  l>t  day  of  April,  1801,  to 
And  on  the  30th  September,  1804,  to  - 

Making  an  increase  of        -  -  -  - 

From  which  deducting  the  proceeds  of  the  sales  of  the  bank  shares. 

Leaves,  for  the  increase  arising  from  the  ordinary  revenue. 


$1,794,044  85 
4,882,225  11 


$3,088,180  26 
1,287,600  00 

$1,800,580  26 


From  the  1st  day  of  April,  1801,  to  the  30th  September,  1804,  the  following  debts,  which  originated  prior  to  that 
period,  have  been  discharged : 

1st.  Payments  on  account  of  the  domestic  and  foreign  debt,  as  above  stated,  -    $13,576,891  86 

2d.  First  instalment  of  the  sum  payable  to  Great  Britain,  "in  satisfaction  and  dis- 
charge of  the  money  which  the  United  States  might  have  been  liable  to  pay,  in 
pursuance  of  the  provisions  of  the  sixth  article  of  the  treaty  of  1794,"  -  888,000  00 

$14,464,891  86 


Making,  altogether,  -  -  - 

And  from  which,  deducting  fifteen  millions,  being  the  purchase  money  of  Louisiana, 

Leaves,        -  -  -  -- 


$16,265,472   12 
15,000,000  00 

$1,265,472   12 


A  difference  of  more  than  twelve  hundred  thousand  dollars  in  favor  of  the  United  States. 

It  may  be  added,  that,  if  the  revenue  shall,  during  the  ensuing  year,  prove,  as  is  not  improbable,  more  productive 
than  has  been  estimated,  the  surplus  will  be  applied  towards  the  payment  of  the  above  mentioned  sum  of  $1,750,000, 
yet  unprovided  for,  on  account  of  the  American  claims,  and  will,  so  far,  diminish  the  amount  of  the  loan  authorized 
for  that  object. 

From  the  preceding  statements  and  estimates  it  results,  that  the  United  States  have,  during  the  period  of  three 
years  and  a  half,  ending  on  the  30th  September  last,  discharged  a  larger  amount  of  principal  of  their  old  debt,  tlian 
the  whole  amount  of  the  new  debt,  which  has  been  or  may  be  created  in  consequence  of  the  purchase  of  Louisiana; 
and  that  tlieir  existing  and  growing  resources  will,  during  the  ensuing  year,  be  sufficient,  after  defraying  the  current 
expenses  of  the  year,  and  paying  more  than  $3,750,000,  on  account  of  the  engagements  resulting  from  the  French  and 
British  conventions,  to  discharge  a  further  sum  of  near  three  millions  and  seven  hundred  thousand  dollars,  of  the 
principal  of  the  public  debt. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
Treasury  Department,  November  19th,  1804. 


A. 

A  Statement  exhibiting  the  amount  of  duties  which  accrued  on  Merchandise^  Tonnage,  Passports,  and  Clearances; 
of  Debentures  issued  on  the  exportation  of  Foreign  Merchandise;  of  payments  for  Bounties  and  Allowances 
and  for  expenses  of  collection,  during  each  of  the  years  1802  and  1803. 


1803 
1803 


DUTIES  ON 


Merchandise. 


$14,795,975  87 
14,249,958  57 


Tonnag-e. 

$161,709  79 
166,528  91 

Passports  & 
clearances. 


Debentui'es 

issued. 


Bounties  and 
allowances. 


$13,820  00  $4,197,256  $134,233  80 
15,902  00'    2,569,813    151,717  86 


Gross  revenue. 


$10,640,015  86 

*  11,710,858  62 


Expenses  on 
collection. 


$485,451  93 
404,428  40 


Nett  re  venue - 


$10,154,563  93 
11,306,430  22 


*  Gross  revenue  for  the  year  1803, 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B, 


$11,710,858  62 
15,999  23 

$11,694,859  39 


,i  Statement  of  the  amount  of  American  and  Foreign  Tonnage  employed  in  Foreign  trade,  for  the  year  1803,  as 

taken  from  the  records  of  the  Treasury. 

American  tonnage  in  foreign  trade,     .......  .  $787,424 

Foreign  tonnage,  .  .  ...  .  .  ...  163,889 


Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 

Proportion  of  ^foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign 
trade  of  the  United  States,        ........ 


)51,313 


17.2  to  100 


15 


Treasury  Department,  Begister^s  Office,  November  lith,  1804. 

JOSEPH  NOURSE,  Register. 


11« 


FINANCE. 


[1804. 


B. 

A  Stnlement  exhibiting  the  value  and  quantities,  respectively,  of  merchandise,  on  which  duties  actually  accrued 
dnriri^the  year  1803,  {consisting  of  the  difference  between  articles  paying  duty,  imported,  arid  those  entitled  to 
drawback,  re-exported)  and,  also,  of  thenett  revenue  which  accrued,  during  that  year,  from  duties  on  merchan- 
dise, tonnage,  passports,  and  clearances.  


GOODS    PAYING    DUTIES    AD    VALOREM 

, 

26,370,279  dollars,  at  12^  per  cent. 
7,616,432       do.             15         do.          - 
383,165       do.            20         do. 

- 

- 

- 

3,296,284  87 

1,142,464  80 

76,633  00 

4,515,382  67 

34,369,876 

(rt  )  Spirits,            8,959,342  gallons,  at  29  cts.  average 

- 

- 

- 

2,594,259   10 
1,290,034   16 
552,129  60 
603,146  06 
509,138  77 
424,763  00 
298,163  75 
509,116  38 

lb  )  Sugar,            51,066,934  lbs.          at    2^       average 
(c  )  Salt,                 2,760,648  bushels, at  20  - 
(J )  Wines,             1,772,768  gallons,  at  34        average 
(e  )  Teas,               3,174,370  lbs.         at  16        average 
Coftee,             8,495,260  lbs.         at    5   - 

- 

;  ; 

- 

Molasses,         5,963,275  gallons,  at     5  - 

- 

- 

' 

(/.)  All  other  articles          -               -            -            - 

11,296,133  49 

Deduct  amount  of  duties  refunded 

- 

16,402 

95 

Do.  being  difference  in  calculation     - 

130 

00 

16,532  95 

• 

11,279,600  54 

3|  per  cent,  retained  on  drawbacks            -           - 
Extra  duty  of  10  per  cent,  on  merchandise  imported  in 

- 

.. 

- 

- 

94,096  09 

foreign  vessels  - 

;  ;  \ 

138,731   85 

Nett  amount  of  duties  on  merchandise 

11,512,428  48 

Duties  on  tonnage 

- 

- 

- 

-    '    - 

166,528  91 

Duties  on  passports  and  clearances 

15,902  00 

Gross  revenue,  as  per  statement  A 

11,694,859  39 

Accounts  not  received,  estimated  at         -,.,,- 
Deduct  debentures  issued,  abstracts  for  which  have  not 

been  rendered  - 

- 

12,000  00 
4,599  50 

7,400  50 

11,702,259  89 

Deduct  expenses  of  collection   - 

- 

- 

- 

- 

404,428  40 

Nett  revenue 

$11,297,831  49 

Explanatory  Statements  and  Notes. 

> 

(a.)  Spirits,  viz: 

Grain,                                         1st  proof 

1,129,110  i 

i;al!oi 

IS,  at  28  cents, 

$316,150  80 

2d    do. 

66,419 

do. 

29 

19,261,  51 

3d    do. 

587 

do. 

31 

181   97 

4th   do. 

67,545 

do. 

34 

22,965  30 

5th  do. 

5,285 

do 

40 

2,114  00 

6th  do. 

2,564 

do. 

30 

1,282  00 

Other  materials,                          1st  &  2d  do. 

1,820,222 

do. 

25 

455,055  50 

3d  proof 

2,929.723 

do. 

28 

820,322  44 

4th  do. 

3,309,341 

do. 

32 

1,058,989   12 

5th   do. 

18,741 

do. 

38 

7,121  58 

6th   do. 

386 

do. 

46 
Duties. 

177  56 

Imported,               -               -               - 

9,349,923 

2,703,621  78 

Exported, 

- 

390,581 

Do. 

109,362  68 

Consumed, 

8,959,342 

2,594,259   10 

{b.)  Sugar,  vi7.: 

Brown, 
White, 
I 


48,394,771  pounds,  at  2^  cents 
2,672,163         do.  3       do. 


1,209,869  27        I 
80,164  89 


51,066,934 


$1,290,034  16 


Imported,  bushels  of  56  pounds 

Exported,    -        .       ',    ,,       "  '  '    ,       ^  ■'     ^^'^^^ 

Amount  of  bounties  and  allowances,  $151,717  86,  reduced  into 
bushels  of  salt,  at  the  present  rates.      -  -  -    758,589 


-  3,542,872 


782,224 


Paying  duty,  bushels  of  56  pounds, 

(,/.)  Wines,  viz: 

Madeira,  1st  quality, 
do.    2d    do.      - 
Sherry  and  St.  Lucar, 
Oporto  and  Lisbon, 
Burgundy  and  Champaigne, 
Tcnerifte,  Fayal,  and  Malaga 
Other,  in  bottles, 
do.  in  casks, 


2,760,648  at  20  cts. 


242,537  gallons,  at  58  cents 

69,644 

309,867 

168,922 

3,738 

422,638 

43,845 
511,577 


do. 

50 

do. 

40 

do. 

30 

do. 

45 

do. 

28 

do. 

35 

do. 

23 

552,129  60 


140,671    46 

[34,822  00 

123,946  80 

50,676  60 

1,682   10 

118,338  64 

15,345  75 

117,662,  71 


Gallons, 


1,772,768 


Duties,  $603,146  06 


1804.] 


STATE    OF    THE    FINANCES. 


Ill 


(c. )  Tea?,  viz: 

Bohea,        --.--.. 

Souchong,  ------- 

Hyson,        ------- 

Other  green,  ....... 

Extra  duties  on  teas,  imported  from  other  places  than  India, 


1,909,282  lbs.  at  12  cents, 

235,139  do.  18 

257,509  do.  33 

783,440  do.  20 


Pounds, 


3,174,370 


Dutie; 


s» 


229,113,   84 

40,525  03 

82,403  88 

156,488  00 

609  03 

$509,138  77 


(J.)  All  other  articles — 

Beer,  ale,  and  porter, 
Cocoa, 
Chocolate, 
Sugar  candy, 
loaf, 

other  refined, 
Candles,  tallow, 

wax. 
Cheese.  -  -  - 

Soap,  .  ..  - 

Pepper,  -  -  - 

Pimento,        -  .  - 

Tobacco,        -  -  - 

Do. 
Snuff, 

Do.  -  -  - 

Indigo, 

Cotton,  _  ..  - 

Nails,  -  -  - 

Spikes,  -  -  - 

Lead,  -  -  - 

Steel, 

Hemp,  -  .  . 

Cables, 

Tarred  cordage, 
Untarred  cordage  and'yarn. 
Twine  and  pack  thread, 
Glauber  salts, 
Coal, 

Boots,  -  -  - 

Silk  shoes,     - 
Other  shoes,  for  men  and  women. 

Do.         for  children. 
Wool  cards, 
Playing  do. 


182,651  gallons. 

at  8  cents. 

$14,613  08 

507,679  ] 

pounds. 

,  at  2 

10,153  58 

951 

do. 

3 

28  53 

8,003 

do. 

lU 

920  34 

9,010 

do. 

9 

810  90 

735 

do. 

6.i 

47  12 

21,345 

do. 

2 

424  90 

1,683 

do. 

6 

100  98 

68,715 

do. 

7 

4,810  05 

34,108 

do. 

2 

683  16 

1,838,143 

do. 

6 

}09,688  52 

437,505 

do. 

4 

17.500  20 

111,739 

do. 

10 

11,173  90 

12,820 

do. 

6 

769  30 

1,940 

do. 

33 

436  80 

61 

do. 

10 

6  10 

130,844 

do. 

35 

33,711  00 

288,330 

do. 

3 

8,649  90 

3,674,769 

do. 

3 

73,495  38 

353,485 

do. 

1 

3,534  85 

2,657,499 

do. 

1 

36,574  99 

7,394 

cwt.  at  100 

7,394  00 

122,545 

do. 

100 

133,545  00 

839 

do. 

180 

1,493  30 

7,816 

do. 

180 

14,068  80 

1,030 

do. 

335 

3,317  50 

1,979 

do. 

400 

7,916  00 

1,193 

do. 

300 

2,386  00 

419,400  bush,  at  5 

20,970  00 

4,443 

pairs,  at  75 

3,332  25 

2,417 

do. 

35 

604  25 

54,150 

do. 

15 

8,122  50 

6,199 

do. 

10 

619  90 

11 

doz.  at 

50 

5  50 

884  packs,  at  25 

221  00 

$509,116  38 


Treasury  Department,  Register's  Office,  November  14,  1804. 

JOSEPH  NOURSE,  Register. 


112 


FINANCE. 


[1804. 


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Total  balance 

due  1st  Oct. 

1804. 

$23,333  98 

31,516  891 
577,379  43 
464,796  06 
533,454  10 

-tcl 

to 

CO 

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$16  32 
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20  77 

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$548   18 
3,744  74,| 
2,726  24^ 
1,356  38 

in 
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$4,312  82 

232,708  43| 

105,675  36ii 

18,258   13 

in 

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Receipts,  by  Receivers,  from  individuals. 

1.1 

0  ,<u 

<t2 

$77   60 
75  54 
381    19 
357   17 
134  25 

in 
in 

Ci 

0 

On  account  of 

Surveying 

fees'. 

$87  00 
63  00 
901   50 
975  00 
436  65.i 

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in 

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to 
cf 

Oil  account  of 

purchase 

money. 

$4,407  031 

5,767  60 
195,021   58| 
114,393  46 

75,667   14^ 

Ci 

00 

to 
in 
c»^ 
in' 

CO 

Due  by  indivi- 
duals, 1st  Oc- 
tober, 1803. 

$13,463  001 
416,843  62 
391,444  62 
370,638  93 

-Id 

tH 
0 

Oi 
CO 

of 

Ci 

0 

In  the  hands  of 

Receivers, 
Oct.  1st,  1803. 

$2,074  65 
140,392  89i 
81,883  54 
36,081   381 

CI 
CO 

cT 

to 

Ci 

2 

m 

-d 
C 

i/i  ^ 

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$23,168  38 
20,169  84 
251,973  84 
195,810  991 
144,441   78 

-let 
CO 
00 

CO 

to 
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11,224.161 
10,084.79 
122,990.55 
97,733.011 

72,220.89 

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ZanesviUc, 
Marietta,     - 
Steubenville, 
Chillicothe, 
Cincinnati, 

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1804.] 


STATE   OF   THE   FINANCES. 


ii; 


C — Continued. 
Estimate  showing  when  the  instalments,  which  compose  the  balance  due  from  individuals,  will  become  payable . 


Offices. 

Remaining  due 
in  1804. 

Becoming  due 
in  1805. 

Becoming'  due 
in  1806. 

Becoming  due 
in  1807. 

Becoming  due 
in   1808. 

Total. 

Zanesville,  - 
Marietta,      - 
Steubenville, 
Cliillicothe, 
Cincinniiti,  - 

1,385  06 

5,118  81.4 

6,130  02t 

56,781  77| 

108,813  14 

5,452  45 
175,529  48^ 
132,784  59^ 
161,566  351 

5,792  091 

7,286  72 

152,951   9& 

78,974  72| 

96,398  541 

5,792  094 
5,815  591 
90,532  03 
63,328  24j 
51.259  54 

5,792  094 

4,191   664 

48,651   374 

40,992  80| 

21,375  981 

18,761  341 

27,865  244 

473,794  87| 

372,862   151 

439,413  561 

Dollars, 

178,228  82 

475,332  881 

341,404  04| 

216,727  50| 

121,003  92| 

1,332,697   18| 

Treasury  Department,  Register's  Office,  Noveynber  \Ath,  1804. 

JOSEPH  NOURSE,  Register. 


D. 


.fin  estimate  of  the  principal  redeemed  of  the  debt  of  the  United  States,  from  \st  October,   1S03,  to  30th  September, 
.    1804;  showing,  also,  the  redemption  of  the  principal  of  the  said  debt,  from  1st  /Ipril,  1801,  to  30lh  September, 
1804. 


ON  ACCOUNT  OF  THE  DOMESTIC  DEBT. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the  United 
States,  according  to  the  quarter  yearly  statement  of  receipts  and 
expenditures,  from  1st  October,  1803,  to  30th  September,  1804, 
exclusive  of  $946  51,  repaid  into  the  treasury,  was  $4,367,185  96 

Deduct  interest  which  accrued  during  the  same  pe- 
riod, calculated  quarter  yearly,  -  -    3,325,511  74 


Payments  made  in  certificates  of  the  debt  of  the  United  States, 

on  account  of  lands  purchased,        -  - 

Payments  to  foreign  officers,  and  for  certain  parts  of  the  domestic 

debt,  -  -  - 

Payments  on  account  of  domestic  loans, 

ON  ACCOUNT  OF  THE  FOREIGN  DEBT. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the  United 
States,  exclusive  of  $120,000  repaid  into  the  treasury,  and 
$4,595  39,  the  amount  of  commissions  to  the  purchasing  agents, 
was  -  _     -  -  -  $2,876,541  22 

Deduct  one  year's  interest  on  the  Dutch  debt,  viz: 
Amount  ot  one  year's  interest,  including  commis- 
sions and  postage  of  letters,  after  deducting  for 
anticipation  of  interest  paid  by  commissioners. 

Guilders,  693,000 


At  40  cents,  is 
Deduct  gain  on  exchange. 


$277,200  00 
25,641  77 


251,558  23 
Interest  to  30th  September,  1804,  on 
the  Louisiana  six  per  cent,  stock,    528,749  93 


780,308  16 


Redemption 
from  1st  Octo- 
ber,   1803,    to 
30th    Septem- 
ber. 1804. 


Redemption  from 
1st  April,  1801,  to 
30th  September, 
1803,  as  per  docu- 
ment E,  referred 
to  in  Secretary's 
report  of  24th  Oc- 
tober, 1803. 


1,041,674  22 

9,206  47 

5,773  40 
500,000  00 


2,096,233  06 


3,652,887  15 


Total  principal 
redeemed  from 
1st  April,  1801, 
to  30th  Sep- 
tember,   1804. 


2.641,516  22 

43,939  66 

60,223  63 
1,990,000  00 


5,188,325  20 


9,924,004  71 


3,683,190  44 

53,146   13 

65,997  03 
2,490,000  00 


r,284,558  26 


13,576,891  86 


Treasury  Department,  Register''s  Office,  \4th  November,  1804. 

JOSEPH  NOURSE,  Register. 


114 


FINANCE.  [1805. 


8th  Congress.]  ,  No.    222.  [2d   Session. 

REMISSION  OF    DUTIES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    DECEMBER    4,    1804. 

Mr.  Crowninshield,  from  the  Committee  on  Commerce  and  Manufiictures,  to  whom  were  referred  the  petition  of 
Tiiomas  Parker  and  others,  Directors  of  the  Library  Company  of  Philadelphia,  and  the  memorial  and  petition  of 
the  Board  of  Trustees  of  the  College  of  New  Jersey,  made  the  following  report: 

The  Directors  of  the  Library  Company  of  Philadelphia  state  to  the  House,  that  they  have  lately  received  a  va- 
luable collection  of  books  and  prints,  bequeathed  to  their  institution,  by  the  Rev.  Samuel  Preston,  of  the  county  of 
Kent,  in  Great  Britain,  on  the  importation  of  which,  at  Philadelphia,  the  sum  of  four  hundred  and  ninety  eight 
dollars  and  twenty  cents  is  demanded  for  duties,  agreeably  to  the  laws  of  tiie  United  States. 

The  President  of  the  Board  of  Trustees  of  New  Jersey  College  informs  Congress,  that,  after  replenishing  their 
library,  (which  had  been  destroyed  by  tire)  in  part,  by  donations  and  purciiases  of  books,  they  have  been  obliged  to 
import  a  large  number  of  books  from  Europe,  on  the  "importation  of  which  duties  have  been  bonded  at  New  York, 
under  the  laws  of  Congress,  to  the  amount  of  four  hundred  and  fifteen  dollars  and  sixty-two  cents. 

The  object  of  the  petitioners,  in  both  instances,  is  to  be  exonerated  from  the  payment  of  the  duties,  on  their  re- 
spective importations,  and  they  pray  that  the  bonds  given  at  the  custom  house  may  be  cancelled. 

It  is  not  within  the  knowledge  of  the  committee  that  any  duties  which  have  accrued  upon  any  importation  what- 
ever have  been  restored  to  the  importers.  To  grant  exemptions  from  duty  to  any  institution,  or  to  free  any  class  or 
body  of  our  citizens  from  the  obligations  of  their  bonds,  for  money  due  to  the  United  States,  would  be  going  beyond 
what  the  committee  could  venture  to  recommend  to  the  House.  "Ail  duties  shall  be  wnZ/brm  throughout  the  United 
States,"  is  the  peremptory  language  of  the  constitution,  and  the  committee  are  well  persuaded  that  the  petitioners 
themselves  would  not,  after  mature  reflection,  hesitate  to  acknowledge,  that  the  constitution  is  the  paramount  law, 
and  that,  in  granting  a  privilege  to  them,  to  import  books  free  of  duty,  while  the  right  is  denied  to  others,  would  be 
a  violation  of  that  justice  which  is  so  eminently  due  to  the  whole  people  of  the  United  States;  and  as,  from  a  late  de- 
cision of  the  House,  involving  the  same  principle,  there  can  be  no  reasonable  expectation  that  the  petitioners  could 
obtain  the  exemptions  prayed  for, 

The  committee  recommend  that  they  have  permission  to  withdraw  their  respective  petitions. 


8th  Congress.]  No.  22S.  [2d  Session. 

REMISSION   OF  DUTIES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    JANUARY    7,   1805. 

Mr.  Crowninshield,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  were  referred  the  petitions 
of  Benjamin  Bailey,  James  Bogart,  Jr.  and  others,  citizens  of  the  United  States,  and  resident  merchants  of  the 
city  of  New  York,  made  the  following  report: 

The  petitioners  have  been  sufferers  to  a  large  amount,  by  a  late  distressing  fire  in  the  city  of  New  York.  They 
represent  that  theyimported  into  the  district  of  New  York,  various  goods  and  merchandise,  of  a  great  value;  and  while 
they  were  still  owners  of  such  property,  a  conflagration  took  place,  and  destroyed  their  stores,  with  all,  or  nearly  all, 
their  contents,  including  the  merchandise  on  whfch  the  duties  were  secured  to  be  paid.  They  pray  that  Congress 
will  authorize  the  collector  of  New  York  to  deliver  up,  or  cancel,  all  bi)nds  or  other  securities  given  by  them  for 
duties  upon  such  part  of  the  said  goods  and  merchandise  as  were  destroyed  by  the  fire. 

Repeated  decisions  on  similar  applications  leave  no  doubt  on  the  mintl  of  the  committee  that  it  would  be  impro- 
per to  grant  the  prayer  of  the  petition.  When  any  aiticle  is  imported  into  the  United  States,  and  the  duties  thereon 
are  ascertained  at  the  custom  house,  the  amount  forms  a  part  of  the_  actual  value,  and  is  an  insurable  interest:  if  it 
is  afterwards  destroyed  by  fire,  or  lost  in  the  transportation,  coastwise,  from  port  to  port,  or  in  any  manner  injured 
or  damaged,  it  has  never  yet  been  considered  that  the  United  States  were  bound  to  cancel  the  bonds  entered  into 
by  tlie  importers  for  the  duties.  The  United  States  can,  in  no  respect,  be  considered  in  the  light  of  underwriters. 
When  the  duties  have,  at  any  time,  accrued,  they  (tught  to  be  paid,  and  the  importing  merchant  can  have  no  greater 
right  to  call  upon  the  Government  for  a  return  of  the  duties,  than  he  would  to  demand  of  the  seller  a  diminution  in 
the  price,  or  to  ask  the  possessor  of  his  note  or  bond,  that  he  may  be  exonerated  from  the  payment  for  any  article  pur- 
chased in  the  market,  merely  because  the  bargain  was  not  advantageous,  or  because  the  merchandise  was  burnt  or 
destroyed,  which  formed  and  constituted  the  evidence  of  value  '■'•  receivecU^  It  is  with  regret  tlie  committee  make 
these  observations,  but  they  wish  it  to  be  generally  understood  by  the  merchants,  that,  in  no  case  could  they  deem 
it  proper  to  advise  the  House  to  refund  the  duties  upon  merchandise  destroyed  by  any  accident  whatever. 

It  is  true  the  treasuryof  the  United  States  ought  not  to  be  enriched  from  the  losses  of  private  individuals,  and  that 
our  revenue  is  chiefly  derived  from  the  duties  on  articles  consumed  in  the  country;  but,  when  it  is  fairly  considered 
that  to  abandon  claims  upon  the  importers,  would  lead  to  numerous  impositions;  thatif  some  were  relieved  from  debts 
contracted  in  good  faith,  (althougli  the  articles  on  which  those  debts  originated  were  actually  destroyed)  it  might 
induce  others  to  expect  similar  indulgencies,  without  having  equal  claims  upon  the  national  bounty,  and  as  there  ex- 
ists a  strong  necessity  for  perserving  uniformity  in  these  decisions;  and  as  it  cannot  be  reastmably  expected  that 
Congress  should  now  deviate  from  a  long  course  of  parctice,  founded  as  it  is  on  equitable  and  strict  commercial  prin- 
ples,  the  committee  recommend  that  the  petitioners  have  permission  to  withdraw  their  petition. 


1805.]  EXTENSION    OF    DUTY    BONDS.  II5 


8th  Congress.]  No,  224.  [2d  Session. 


DRAWBACK. 

.    COMMUNICATED    TO    THE    HOUSE    OF   REPRESENTATIVES,    .lANIIAUY    11.    1805. 

Mr.  Crowninshield,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  memorial  of 
Thomas  Ketland,  of  the  city  of  Philadelpliia,  merchant,  made  the  following  report: 

The  petitioner,  with  John  Ketland  and  James  Williamson,  all  of  Philadelphia,  in  June,  1799,  purchased  the 
ship  Wasliington,  in  London.  It  is  stated  that  the  ship  arrived  in  the  Delaware,  on  tlie  4th  of  May,  1800,  entered 
attne  custom  house  in  Philadelphia,  on  the  17th  of  said  month,  and  cleared  out  for  Batavia.  on  the  9th  July  following, 
at  which  time  she  received  a  sea  letter,  and  other  regular  documents. 

The  Washington  is  a  foreign  built  ship,  and  by  existing  laws  is  not  entitled  to  the  benefit  of  an  American  re- 
gister. 

It  appears  that  merchandise,  on  which  the  drawback  was  payable,  was  exported  in  the  ship  to  Batavia,  (the  quan- 
tity not  stated)  which,  having  been  previously  imported  in  the  same  ship,  had  been  charged  with  the  additional  ten 
per  cent,  on  the  duties. 

The  collector  retained  this  part  of  the  drawback,  under  the  direction  of  the  act  of  the  13th  of  May,  1800,  and 
which  the  petitioner  is  now  solicitous  should  be  refunded  to  him. 

The  Committee  of  Commerce  and  Manufactures  reported  on  this  case  at  the  last  session  of  Congress,  but  the 
petitioner  being  of  opinion  that  the  committee  have  misconstrued  the  material  facts  upon  which  their  decision  was 
founded,  solicits  a  revision,  for  reasons  mentioned  in  his  petition. 

On  the  13th  of  May,  1800,  Congress  passed  an  act,  in  which  it  is  declared  that  no  part  of  the  additional  duties, 
payable  on  goods  imported  in  foreign  ships,  should  be  drawn  back  on  exportation.  And  on  the  14th  of  April,  1802, 
another  law  was  passed,  declaring  that  the  act  above  referred  to,  should  not  be  deemed  to  operate  upon  unregistered 
ships  or  vessels,  owned  by  citizens  of  tiie  United  States,  at  the  time  of  passing  tiie  said  act,  in  those  cases  where 
such  ship  or  vessel,  at  that  /ime,  possessed  a  sea  letter,  or  other  regular  document,  issued  from  a  custom  house  of  the 
United  States,  proving  such  ship  or  vessel  to  be  American  property. 

At  the  last  session,  from  the  documents  then  exhibited,  the  committee  concluded  the  ship  sailed  for  Batavia 
without  a  sea  letter,  but  they  did  not  rest  their  decision  on  that  point.  It  was  material  only  to  prove  that  the 
Washington,  on  the  13th  of  May,  1800,  did  not  possess  a  sea  letter,  or  any  regular  documents,  issued  from  a  custom 
house  of  the  United  States,  proving  her  to  be  American  property.  It  is  stated,  in  that  report,  that  the  act  of  1802 
did  not  mean  "to  extend  its  remedial  operation,  or  to  retrospect  beyond  the  13th  of  May,  1800:  and  the  petitioner's 
case  not  coming  within  the  limitation  and  description  therein  specified,  there  did  not  seem  to  be  even  an  equitable 
claim  on  the  Government,  for  the  drawback  of  the  additional  duties,"  &c. 

A  certificate  from  the  collector  of  Philadelphia  states  that  the  ship  cleared  out  for  Batavia  on  the  9th  of  July, 
1800,  and  took  out  a  sea  letter  and  the  usual  documents;  so  that  it  is  fully  proved  she  does  not  come  within  the  pro- 
visions of  the  act  of  April,  1803:  for  that  act  was  only  meant  to  operate  in  favor  of  vessels  possessing  a  sea  letter, 
&c.  on  the  13th  of  May,  1800. 

By  looking  at  a  document  furnished  the  committee,  it  appears  the  petitioner  places  some  dependence  on  the 
circumstance;  that  the  ship's  "  Mumj/es/"  was  delivered  to  a  revenue  officer,  on  the  9th  of  May,  but  he  acknow- 
ledges that  the  entry  at  the  custom  house  was  not  made  until  the  17th  of  May.  A  manifest  is  not  a  regular  docu- 
ment issued  from  the  custom  house;  it  is  a  memorandum  or  inventory  of  the  inward  cargo,  to  whom  consigned,  &c., 
and  is  generally  niade  out  at  sea,  and  is  presented  to  any  revenue  officer  who  demands  it,  and  a  copy  is  always  ne- 
cessary to  be  delivered  previous  to  the  entry. 

This  paper  furnishes  no  evidence  whatever,  that  the  owners  of  _the  ship  Washington  ought  to  receive  the  allow- 
ance prayed  for.     Upon  an  impartial  review  of  the  whole  case,  therefoic,  the  committee  are  satisfied — 

1st.  That  the  ship  Wasliington,  on  the  13th  of  May,  1800,  did  not  possess  a  sea  letter,  or  any  regular  document 
issued  from  a  custom  house  of  the  United  States,  proving  her  to  be  American  property. 

2d.  That,  under  existing  laws,  although  the  ship  received  a  sea  letter.  &c.  on  the  9th  of  July,  1800,  and  may  novir 
possess  it,  no  goods  or  merchandise  imported  in  that  ship,  after  the  date  of  the  act  of  May,  1800,  can  be  entitled  to 
the  allowance  of  the  additional  duties,  as  drawback  upon  their  exportation,  either  in  the  same  bottom,  or  on  any 
other  whatever.  And  further,  the  committee  are  fully  convinced  that  unregistered  vessels  of  the  United  States 
ought  not  to  receive  the  same  privileges,  in  our  own  ports,  as  those  built  within  the  United  States,  and  entitled  by 
the  laws  to  the  benefit  of  American  registers;  and  the  ship  Washington's  case  clearly  not  being  within  the  limits  or 
provisions  of  the  act  of  April,  1802, 

The  committee  submit  th'jir  opinion,  that  the  prayer  of  the  petition  of  Thomas  Ketland  ought  not  to  lie  granted. 


8th^ Congress^]  No.  225.  [2d   Session. 

EXTENSION  OF  DUTY   BONDS. 

commtinicated  to  the  senate,  on  the  17th  of  January,  1805. 

7o  (he  Honorable  the  Senate  and  House  of  Representatives  of  the  United  States  in  Congress  assembled,  the  petition 
of  the  subscribers,  merchants,  residing  in  the  city  of  New  York,  respectfully  showeth: 

That  your  petitioners  are  concerned  in  trade  and  navigation,  to  a  considerable  extent,  between  the  port  of  New 
York  and  diiferent  ports  on  the  continent  of  South  America;  that,  by  the  act,  entitled  "  An  act  to  regulate  the  col- 
lection ol  duties  on  imports  and  tonnage,"  the  terms  of  credit  allowed  for  the  payment  of  duties  imposed  on  all 
"  goods,  wares,  and  merchandise,  (other  than  wines,  salt,  and  teas)  imported  from  any  other  place  than  Europe  or 
the  West  Indies,"  are  as  follow:  one  half  of  such  duties  payable  in  six  months,  one  quarter  in  nine  months,  and  the 
other  quarter  in  twelve  months  from  the  date  of  eacli  respective  importation,  as  by  the  said  act,  to  which  your  peti- 
tioners refer,  may  more  fully  appear;  that,  by  a  construction  of  the  said  act,  adopted  by  the  collector  of  the  port  of 
New  York,  which  appears  to  your  petitioners  to  be  evidently  founded  in  mistake,  and  which  they  are  advised  by 
counsel  is  certainly  incorrect,  your  petitioners  conceive  that  they  have  been  much  aggrieved  by  being  obliged  to 
give  bonds  to  the  said  collector  for  the  payment  of  such  duties,  on  goods  imported  from  the  continent  of  South 
America,  the  one  half  in  three  months,  and  the  other  half  in  six  months,  and  to  pay  such  duties,  accordingly,  as  in  the 


IIQ  ■■::  FINANCE.  [1805. 


case  of  goods  imported  from  the  West  Indies;  that  your  petitioners  are  credibly  informed,  and  believe,  that  a  diflFer- 
ent  construction  of  the  said  act,  in  this  respect,  has  prevailed  in  several  other.ports  of  the  United  States,  and  the  terms 
of  credit,  first  above  mentioned,  allowed,  which  your  petitioners  believe  is  obviously  the  intent  and  meaning  of  the 
said  act;' that  some  of  your  petitioners  have,  at  length,  resisted  the  payment  of  the  said  duties  at  the  periods  claimed 
by  the  said  collector  of  the  port  of  New  York,  and  have  commenced  a  suit  in  the  circuit  court  of  the  United  States, 
in  equity  for  the  district  of  New  York,  in  order  to  obtain  a  judicial  determination  of  the  credits  allowed  for  the  pay- 
ment of  "such  duties  by  the  said  act,  but,  at  the  same  time,  offering,  in  the  said  suit,  to  pay  the  duties  in  question  therein, 
at  such  times  as  should  be  directed  by  the  said  court,  which  suit  is  still  depending  and  undetermined;  and  your 
petitioners  hoped  that  the  mode  so  adopted,  of  settling  the  construction  of  the  said  act,  if  there  existed  any  doubt 
concerning  it,  would  have  been  deemecl  proper,  and  that  a  judicial  decision  thereon  would  be  regarded  as  regulating 
the  subsequent  practice  under  the  same.  But  your  petitioners  have  since  been  informed  that  some  application  or 
representation  on  this  subject  has  been  made  to  your  honorable  body,  and  that,  in  consequence  thereof,  a  bill  hath 
been  introduced  in  the  honorable  the  House  of  Representatives,  proposing  to  alter  or  limit  the  terms  of  credit  on  goods 
imported  into  the  United  States  from  all  places  on  the  continent  of  South  America,  situated  north  ot  the  equator, 
to  the  periods  of  credit  allowed  for  duties  on  goods  imported  from  the  West  Indies.  Your  petitioners  cannot  but 
view  the  limitation  proposed  by  the  said  bill  as  particularly  injurious  to  then-  interest,  and  to  the  prosperity  of  a  trade, 
already  extensive,  antl  in  which  a  large  portion  of  citizens  of  the  United  States  are  engaged;  and  your  petitioners 
beg  leave  to  represent,  as  an  important  consideration  in  favor  of  the  periods  of  credit  which  they  consider  to  be  well  es- 
tablished by  the  act  a'oove  mentioned,  that  the  voyages  to  the  usual  places  of  trade  on  the  continent  of  South  Ame- 
rica; although  north  of  the  equator,  are  generally  as  long,  and  as  difiicult  and  expensive,  as  the  ordinary  course  of 
voyages  to  Europe;  that,  in  the  apprehension  of  your  petitioners,  the  principal  object  or  reason  ol  allowing  a  credit  in 
the  payment  of  duties  on  foreign  imports  is  to  enable  the  merchant,  out  of  the  proceeds  of  the  sales  of  the  goods  im- 
ported, to  reimburse  himself  the  amount  of  such  duties  before  they  become  payable;  that,  without  a  credit  of  suffi- 
cient length  to  answer  this  end,  it  can  be  of  little  importance  whether  any  credit  be,  at  all,  given:  for,  if  the  amount 
of  the  duties  are  required  to  be  paid  before  they  can  be  realised  from  the  proceeds  of  the  imports  on  which  they  are 
charged,  it  imposes  on  the  merchant  the  necessity  of  employing  his  capital,  or  a  part  of  it,  for  the  discharge  of  such 
duties,  instead  of  applying  to  that  object  the  proceeds  of  such  imports.  This  would  operate  as  a  tax  upon  his  capi- 
tal, and  would  necessarily  tend  to  cramp  and  embarrass  the  negotiations  of  trade,  and,  consequently,  instead  ot 
increasing  or  aiding  the  revenue,  would  diminish  its  receipts.  Your  petitioners,  therefore,  apprehend  that  the  true 
interests  of  the  merchant  and  of  the  Government  are,  in  this  respect,  the  same,  and  that,  considering  the  heavy  duties 
already  imposed  on  imports  in  general,  it  would  be  just  as  well  as  politic  to  allow  a  sufficient  time  of  credit  to  enable 
the  merchant  to  pay  such  duties  out  of  the  proceeds  of  the  goods  on  which  they  are  charged.  Your  petitioners  also 
conceive  that  such  credit,  while  it  is  at  all  times  important  to  the  merchant,  cannot,  when  once  in  operation,  prove,  in 
any  respect,  material  or  detrimental  to  the  revenue;  and,  in  conformity  to  these  ideas,  your  petitioners  are  also  of  opin- 
ion, and  such  they  believe  to  be  the  opinion  of  a  large  majority  of  the  merchants  of  this  and  other  ports  of  the  United 
States,  that  the  periods  of  credit  allowed  on  goods  imported  trom  the  West  Indies  are  too  short  and  injurious  to  that 
trade.  And  your  petitioners  are  convinced,  from  experience,  that  the  trade  with  the  continent  of  South  America 
cannot  be  carried  on,  without  great  disadvantage,  except  upon  terms  of  credit  for  the  payment  of  duties  equally  bene- 
ficial with  those  which  they  conceive  themselves  at  present  entitled  to  by  law,  and  they  therefore  humbly  pray  that 
your  honorable  body  will  not  pass  any  act  to  limit  or  curtail  such  credit.     And  your  petitioners,  &c. 

New  York,  January  9th,  1805. 


8t'a  Congress.]  No.  226.  [2d  Session. 


DRAWBACK    ON    REFINED    SUGAR. 

COMMUNICATED    TO   THE    HOUSE    OF    REPRESENTATIVES,    JANUARY    21,     1805. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  memorial  of 
Moses  Rogers,  Edmund  Seaman,  and  others,  sugar  refiners  in  the  City  of  New  York,  having  had  the  same  under 
consideration,  submited  the  following  report: 

The  memorialists  are  extensively  concerned  in  the  manufacture  of  refined  sugar,  in  the  city  of  New  York,  and 
are  possessed  of  establishments  adequate  (as  they  state)  not  only  to  the  supply  of  the  home  market,  but  also  to  the 
production  of  considerable  quantities  for  exportation  to  foreign  countries. 

They  acknowledge  thej'  are  protected  by  the  present  high  duties  on  imported  loaf  sugar,  to  the  extent  ot  the 
domestic  demand,  but,  as  their  refineries  are  capable  of  producing  still  greater  supplies,  they  pray  that  a  drawback 
or  bounty  may  be  allowed  on  the  exportation,  to  foreign  countries,  of  all  refined  sugar  in  the  United  States,  equiva- 
lent to  the  duty  paid  on  the  raw  sugar  employed  in  the  manufacture. 

The  committee  beg  leave  to  inform  the  House  that  similar  applications  have  been  frequently  made  to  Congress, 
and  it  is  almost  unnecessary  to  add  that  the  allowance  prayed  for  has  been  invariably  refused.  At  the  last  session 
of  Congress,  a  lengthy,  and,  the  committee  thought,  a  conclusive  report,  was  made  on  a  resolution  of  the  House  "to 
inquire  and  report,  by  bill  or  otherwise,  whether  a  drawback  of  duties  ought  not  to  be  allowed  on  sugar  refined  in 
the  United  States,  and  exported  to  foreign  ports  and  places;"'  and  the  committee  then  offered  their  opinion,  "that  it 
would  be  improper,  under  existing  laws  and  regulations,  to  allow  a  drawback  upon  the  exportation  of  domestic  refined 
sugar;"  and  this  report  was  concurred  in  by  the  House.  Notwithstanding  the  repeated  decisions  of  Congress,  the 
present  memorialists  have  hazarded  their  application;  but  the  committee  cannot  see  that  they  have  offered  .any 
new  or  weighty  reasons  to  induce  them  to  alter  their  former  opinions  on  this  subject. 

If  the  committee  are  not  mistaken,  it  will  be  found,  upon  examination,  that  the  sugar  refiners  are  the  most  favored 
body  of  manufacturers  in  the  United  States.  Our  commercial  regulations  seem  opposed  to  all  prohibitory  duties, 
and  to  monopolies.  These  are  in  direct  hostility  to  systems  heretofore  deemed  valuable,  are  contrary  to  what  is 
right  and  just  between  one  citizen  and  another,  and  ought  never  to  be  indulged  in  a  free  country,  except  (which 
could  seldom  happen)  where  they  are  necessary  for  the  safety  and  protection  of  the  whole  people.  And  where 
monopolies  are  granted,  or  where  such  high  duties  exist  as  enable  a  particular  class  of  men  to  engross  any  article  of 
general  use  in  a  community,  they  only  tend  to  heap  up  wealth  in  the  hands  ot  a  few  individuals,  at  the  certain 
expense  of  the  many.  The  duties  on  toreign  refined  sugar  have  been  several  times  augmented  to  benefit  the  Ameri- 
can refiners,  and  since  January,  1795,  this  sugar  has  been  charged  with  the  higli  duty  of  nine  cents  per  pound.  It 
is  denied  the  drawback  on  exportation,  and  cannot  be  imported  in  less  quantities  than  six  hundred  pounds,  nor  in 
vessels  of  a  less  burthen  than  one  hundred  and  twenty  tons.  The  committee  are  at  a  loss  to  conceive  the  necessity 
of  these  severe  restrictions.  Sugar  candy  pays  a  duty,  on  importation,  of  eleven  cents  and  one  half  tlie  pound,  and 
there  can  be  no  doubt  that  this  extravagant  duty  was  imposed  with  a  view  of  favoring  the  sugar  refiners.  These 
high  duties  amount  to  almost  a  prohibition  of  the  tWo  articles:  for,  it  is  proved  that  they  have  been  imported  only  in 
the  most  inconsiderable  quantities,  in  late  years,  so  that  the  sugar  refiners  possess  the  whole  American  market  to 


1805.]  DRAWBACKS    ON    REFINED    SUGAR.  II7 


themselves.  They  enjoy  a  certain  monopoly  in  their  business.  No  foreign  loaf  sugar  can  enter  into  competition 
with  what  they  manufacture.  Bengal  and  China  sugar  candy  could  be  imported  in  considerable  quantities,  at  very 
reasonable  prices;  and  there  is  no  better  substitute  ior  refined  sugar,  either  in  the  lumps,  or  wlien  reduced  to  powder; 
but  the  present  duty  on  that  article  excludes  it  altogether  from  fhe  American  market,  to  tiie  injury  of  the  East  India 
trade— ii  loss  of  revenue  to  the  United  States.  :in(l  to  the  benefit  of  no  otiiei-  persons  but  the  sugar  refiners.  It  might 
be  supposed  that  these  high  protecting  and  prohibitory  duties  on  the  foreign  article  secured  to  the  sugar  i-efiners 
every  important  advantage  which  they  could  reasonably  hope  to  receive.  With  the  exclusive  home  trade,  supply- 
ing the  United  States,  upon  their  own  confession,  with  every  pound  of  refined  sugar  consumed  in  the  country,  charg- 
ing their  own  prices  to  the  consumer,  the  foreign  article  excluded  from  our  market,  the  wide  range  of  speculation 
all  their  own,  their  profits  great,  and  probably  beyond  any  other  manufacturer's  in  the  United  States,  it  was  rather 
a  matter  of  surprise  to  the  committee,  that  the  sugar  refiners  should  expect  further  indulgencies. 

Witliout  mentioning  all  the  reasons  that  iiave  occurred  to  the  committee,  against  granting  the  allowance  in  ques- 
tion, they  will  suggest  some  of  the  objections  to  which  it  is  liable. 

1st.  The  Louisiana  sugar  might  be  used  in  the  manufacture,  almost  in  spite  of  any  regulation  that  could  be 
safely  introduced,  (and  at  New  Orleans  it  would  be  exclusively  employed)  and  as  it  is  not  charged  with  any  duty, 
the  United  States  would,  in  many  instances,  be  compelled  to  pay  the  allowance  where  they  had  leceived  no  equi- 
valent. 

•2d.  It  is  well  known  that  drawbacks  are  not  payable  on  any  goods  and  merchandise,  after  the  expiration  of 
twelve  months,  dating  from  the  time  of  importation,  and  then  only  in  cases  where  the  original  duties  have  been  first 
received.     If  the  crude  sugar  should  lose  the  drawback,  as  it  would  in  one  year  from  the  period  of  its  importation, 
the  price  would  be  lowered  in  the  market  (presuming  it  was  intended  for  exportation)  in  a  sum  equal  to  the  duties 
and  it  must  then  be  sold  for  home  consumption,  probably  at  a  reduced  rate. 

Now,  sugar  thus  circumstanced,  il  purchased  and  manufactured  by  the  refiners,  could  not  be  entitled  to  the 
allowance  ot  drawback,  on  any  principle  whatever;  and  when  it  is  supposed  that  the  surplus  of  raw  sugar  in  our 
market  will  find  its  way  to  Europe  in  American  bottoms,  and  when  it  is  considered  that,  in  a  refined  state,  it  is  not 
a  bulky  article,  it  may  be  doubted  whether  its  reduction  of  weight  would,  in  cases  of  exportation,  be  so  advantageous 
to  the  carrying  trade  of  the  United  States  as  might  at  fiist  be  imagined.  If  the  sugar  is  exported  in  its  crude  state, 
the  freight  would  be  double,  and  those  merchant  ships  that  ilepenued  solely  on  freight  would  thereby  derive  at  least 
a  trifling  advantage. 

Although  the  committee  do  not  wish  it  to  be  inferred  that  they  would  recommend  the  exportation  of  the  raw 
materials  tound  in  our  markets,  in  preference  to  those  manufactured  by  American  workmen,  and  reduced  to  lialf 
their  ordinary  bulk,  merely  for  the  benefit  of  the  extra  freight,  yet,  in  respect  to  the  article  referred  to,  it  becomes 
questionable  whether  the  exporting  merchant  and  ship  owner  do  not  now  enjoy  as  great,  or  even  greater  advantages, 
than  they  would  if  bounties  were  allowed  on  refined  sugar,  to  the  extent  of  the  quantity  which  could  be  manufactu'red 
for  exportation  from  the  United  States. 

3d.  As  the  raw  sugar,  in  refining,  undergoes  a  complete  transformation,  it  would  be  difficult,  if  not  impossible,  to 
guard  against  some  impositions  in  paying  the  bounty,  and  frauds  might  be  attempted  on  the  revenue.  The  custom  house 
officers  could  not  always  attend  at  the  sugar  houses;  and,  however  upright  the  intentions  of  the  refiners  and  export- 
ers might  be,  the  certificates  must  be  multiplied,  and  such  precautionary  measures  be  introduced,  as  would  embarrass 
the  fair  collection  of  the  public  revenue;  and  the  allowance  might  perhaps  tend,  in  some  respects,  to  lessen  its  amount, 
and  certainly  it  could  not  augment  it. 

4th.  Should  the  prayer'of  the  petition  be  granted,  no  good  reason  could  be  ottered  why  New  England  rum,  distil- 
led from  imported  molasses,  or  cordage  and  cables  manufactured  from  foreign  hemp,  and  canvass  made  into  sails, 
for  the  use  of  vessels,  should  not  receive  similar  allowances.  All  the  manufactured  iron,  too,  which  had  paid  a  duty 
on  importation  in  its  unwrought  state,  would  certainly  be  equally  entitled  to  the  benefit  of  such  allowance;  and 
domestic  rum,  sail  cloth  made  up  tor  ship's  use,  cordage,  and  various  articles  of  iron  work,  such  as  anchors,  bolts, 
spikes,  nails,  and  hoops,  are  exported  from  the  United  States  in  considerable  quantities,  and  it  is  believed  in  value 
far  beyond  the  whole  amount  of  refined  sugar  which  coukl  possibly  be  disposed  of  to  advantage  in  foreign  markets, 
and  yet  the  committee  do  not  recollect  that  the  distillers,  rope  makers,  sail  makers,  or  blacksmiths,  have  ever  peti- 
tioned Congress  for  a  repayment  of  the  duties  on  the  exportation  of  the  articles  employed  by  them,  or  connected 
with  their  respective  occupations. 

The  memoiialists  allege  that,  in  Great  Britain,  a  bounty  on  the  exportation  of  refined  sugar  is  allowed,  of  forty 
shillings  sterling  per  hundred  weight.  In  Great  Britain  the  duties  on  imports  will  average  about  thirty  per  cent, 
higher  than  those  paid  in  the  United  States ,  and  on  sugar,  in  particular,  the  duty  is  twenty-six  shillings  and  six  pence 
sterling  per  hundred  weight,  exceeding  five  and  one  quarter  cents  a  pound,  or  double  the  American  duty;  still,  the 
drawback  on  refined  sugar  exported  from  England  is  by  no  means  payable  at  a  certain  or  fixed  standard,  and  a 
table  of  English  drawbacks,  now  before  the  committee,  fully  prove  that  different  rates  of  drawback  are  allowed,  vary- 
ing from  forty  shillings,  when  the  price  does  not  exceed  forty  shillings,  to  thirteen  shillings,  when  the  price  is  from 
sixty-eight  to  seventy  shillings,  per  huntlred  weight;  and  whenever  tlie  average  price  of  sugar  exceeds  seventy  shil- 
lings per  iuindred  weight,  nothing  is  allowed,  and  it  is  presumed  that  sugar  isotten  at  that  price  in  England,  exclu- 
sive of  the  duties.  But,  in  the  examination  of  this  question,  it  is  of  little  consequence  what  commercial  regulations 
exist  in  other  countries,  so  long  as  they  do  not  affect  our  rights,  and  it  is  sufficient  for  us  that  we  adopt  sucii  as  are 
known  to  be  beneficial,  and  most  conducive  to  the  interests  of  this  nation;  and  individuals  ought  not  to  complain 
that  other  countries  follow  this  or  that  system,  under  different  circumstances,  and  that  our  laws  are  not  shaped  to 
operate  for  their  exclusive  a<lvantage. 

Protecting  duties  on  such  articles  as  we  can  conveniently  manufacture  have  been  a  long  time  established  in  the 
United  States;  and  surely  the  sugar  refiners  can  have  no  complaints  to  offer  on  that  point:lbr  there,  the  committee 
trust,  it  has  been  proved  they  possess  peculiar,  if  not  exclusive  advantages.  Various  other  objections  could  be  adduc- 
ed, to  prove  that  Congress  ought  not  to  grant  the  allowance  on  the  exportation  of  sugar  refined  in  the  United  States, 
particularly  while  the  present  high  duties  are  continued  on  loaf  sugar,  imported  from  Europe,  and  sugar  candy,  from 
the  East  Indies  and  China;  but  it  is  supposed  to  be  quite  unnecessary  to  enlarge  a  report  already  too  much  extended. 
The  committee  therefore  respectfully  submit  the  following  resolution: 

Resolved,  As  the  opinion  of  the  Committee  of  Com  njrce  nwX  Manufactures,  that  it  is  inexpedient  to  grant  any  ' 
allowance  or  bounty  on  refined  sugar  exported  from  the  United  States. 


16  ft 


118 


FINANCE  [1805. 


8th  Congress.]  No.  227.  [2d  Session. 

PROTECTING  DUTIES.  T 

COMMMUNICATED  TO   THE   HOUSE   OF   REPRESENTATIVES,   JANUARY   22,    1805. 

Mr.  Crowninshield,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  memorial  of 
the  Philadelphia  Typographical  Society,  made  the  following  report: 
The  petitioners  are  desirous  that  Congress  should  impose  greater  duties  on  books  imported  into  the  United 
States.  They  are  under  apprehension  that,  after  the  conclusion  of  the  present  war  in  Europe,  the  English  bookseller 
will  be  able  to  undersell  the  American  in  his  own  market;  and,  possessing  a  sincere  conviction  that  their  situation 
may  be  greatly  ameliorated  by  restricting  the  constant  and  great  importation  of  foreign  books,  they  solicit  an  aug- 
mentation of  the  present  rate  of  duties  on  ail  books  imported  into  the  United  States,  probably  with  a  view  of  in- 
creasing their  profits,  or,  at  least,  of  giving  to  the  American  booksellers  the  preference  in  their  own  market,  and  to 
which,  the  petitioners  are  of  opinion,  they  ai  e  justly  entitled. 

The  Committee  can  entertain  no  doubt  that  the  petitioners  are  extremely  desirous  of  encouraging  the  manufac- 
ture of  books  in  the  United  States;  and,  if  the  exclusive  interest  of  printers  and  booksellers  were  alone  to  be  con- 
sulted, it  is  probable  the  Committee  might  be  induced  to  recommend  the  proposed  augmentation  in  the  duties;  but, 
it  will  be  recollected  that  Congress  are  legislating  for  the  benefit  of  the  whole  American  People,  and  not  for  the  sole 
advantage  of  any  particular  individuals. 

At  the  last  session  of  Congress,  a  law  passed,  declaring  that  rags  of  all  sorts,  for  making  paper,  should  be  import- 
ed free  of  duty.  The  American  paper  is  presumed  to  be  cheaper  here,  than  it  can  be  imported  from  Great  Britain, 
and,  it  may  be  supposed,  we  shall  soon  be  able  to  supply  the  greater  part  of  the  demand  for  the  domestic  consump- 
tion of  that  article;  so  that  foreign  supplies  will  not  be  wanted,  after  a  few  years;  and,  although  higher  wages  may  be 
given  for  journeymen  printers  and  bookbinders,  it  must  be  confessed  that  the  Art  of  Printing  has  progressed  more 
rapidly  in  the  United  States,  than  almost  any  other  branch  of  machinery.  This  is  a  truth  acknowledged  by  the  peti- 
tioners, an(l  assented  to,  with  much  pleasure,  by  the  Committee;  where,  then,  can  be  the  danger  that  the  English 
bookseller  will  be  able  to  undersell  the  American  in  his  own  market.^'  When  it  is  considered  that  foreign  books  pay 
a  duty  of  fifteen  per  cent,  upon  tiieir  importation,  and  that,  to  this  charge,  the  commissions  and  various  shipping  ex- 
penses at  the  place  of  exportation  must  be  added,  together  with  the  freight  and  insurance,  the  whole  amounting,  at 
the  lowest  calculation,  to  forty  per  cent,  in  favor  of,  and  as  a  direct  encouragement  to,  the  American  printers  and 
booksellers,  it  might  be  supposed  that  the  petitioners  were  sufficiently  protected,  and  that  they  need  not  be  under 
any  apprehension  of  foreign  competition  in  their  business. 

The  great  expenses  which  must  necessarily  attend  the  importation  of  European  books  into  this  country,  if  there 
was  no  other  difference  in  their  favor,  will,  it  is  hoped,  give  a  decided  advantage  to  the  American  bookseller. 

In  the  imposition  of  duties  on  imported  books,  or  on  any  article  whatever,  it  was  never  imagined  that  the  mere 
importer  became  ultimately  charged  with  the  amount,  or  that  the  Government  had  not  in  view  the  collection  of  a 
revenue  to  defray  the  expenses,  and  complete  the  payments  of  engagements,  for  which  the  public  faith  stands  pledged; 
but  surely  it  could  not  be  supposed  that  these  duties  were  to  be  augmented,  at  any  time,  to  so  high  a  rate  as  to  amount 
to  a  complete  prohibition  on  the  importation.  If  a  revenue  is  to  be  collected,  extravagantly  high  duties  ought  not  to 
be  laid;  and,  in  their  augmentation  beyond  a  fair  proportion,  a  diminution  of  the  revenue  may  be  expected.  If  the 
duties  are  raised  to  answer  the  design  of  the  petitioners  in  its  full  extent,  the  consequence  will  be,  that  little,  or  no 
revenue  will  be  derived  from  imported  books;  the  petitioners  will  be  exclusively  benefited;  they  will  charge  their  own 
prices  for  American  books;  there  can  be  no  competition,  and  the  nation  will  be  the  only  sufferers. 

The  American  People  have  still  a  great  predilection  for  English  printed  books,  notwithstanding  it  has  been 
frequently  proved  that  they  can  be  as  accurately  and  as  elegantly  printed  here,  as  in  any  part  of  the  world.  The 
Committee  see  no  reason  why  the  price  should  be  increased  by  additional  duties,  and  they  are  unwilling  to 
augment  the  charge  to  those  readers,  who  prefer  foreign  publications  to  our  own,  especially  when  it  is  conceived  that 
books  of  every  description,  whether  of  foreign  or  domestic  manufacture,  are,  at  present,  sold  atthe  most  extravagant 
prices  in  the  bookstores  throughout  the  United  States. 

If  the  committee  entertained  an  opinion  tiiat  the  art  of  printing  was  not  sufficiently  protected  in  this  country,  they 
would  consider  themselves  bound,  immediately,  to  recommend  the  adoption  of  some  measure,  calculated  to  meet  the 
wishes  of  the  petitioners,  but,  for  the  reasons  stated,  and  from  the  strongest  conviction,  that  the  proposed  augmentation 
of  the  duties  on  books  imported  into  the  United  States  is  unnecessary  and  inexpedient,  at  this  time,  they  submit  their 
opinion  to  the  House- 
That  the  Board  of  Directors  of  the  Philadelphia  Typographical  Society  have  leave  to  withdraw  dieir  petition. 


8th  CoxGKEss.]       .  ^  No.    228.  [ad  Sesson. 

MI  N  T. 

COMMUNICATED  TO  CONGRESS,  JANUARY  06,  1805. 

To  the  Senate  and  House  of  Representatives  of  the  Uyiited  States: 

I  communicate,  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operations  of 
that  institution  during  the  last  year. 

TH:  JEFFERSON. 
January  25,  1805. 


Mint  of  the  United  States,  Philadelphia,  \st  Jayiuary,  1805. 

At  the  conimencement  of  the  year,  it  is  the  duty  of  tiie  Director  of  the  Mint  to  communicate  to  Government  the 
state  of  the  mint,  with  its  issues  for  the  past  year. 

The  issues  of  silver  coins,  notwithstanding  the  mercantile  embarrassments  attending  the  importation  of  bullion, 
have  greatly  exceeded  that  of  the  year  1803,  and  the  advantage  of  a  public  mint  has  been  sensibly  experienced,  by 
the  greatest  part  of  the  deposites  being  issued  in  small  coin,  which  has  been  found  very  beneficial  to  the  citizens,  at 
large,  under  the  late  scarcity  of  Spanish  tlollars,  occasioned  by  the  great  exportation  of  them  for  mercantile 
purposes.  ^ 


1805.1 


THE  MINT. 


119 


The  quantity  of  gold  bullion  has  been  equal  to  that  of  tiie  last  report;  so  that,  in  the  past  year,  the  coinage  of  tiie 
precious  metals  has  amounted  to  three  liundred  and  tifty-eight  thousand  nine  hundred  and  eighty-three  dollars. 
The  particulars  will  appear  by  the  schedule  No.  1,  herewith,  to  which  the  Director  begs  leave  to  refer. 

It  is  worthy  of  the  President's  attention,  that  about  eleven  thousand  dollars  of  the  gold  coin  is  the  produce  of 
virgin  gold,  found  in  the  county  ()f  Cabarrus,  in  the  State  of  North  Carolina,  where,  it  is  said,  a  considerable  quantity 
has  been  found  since,  which  will,  in  all  probability,  be  forwarded  to  the  mint.  It  is  to  be  regretted  that  this  gold 
is  melted  into  small  ingots  before  it  is  sent  to  tlie  mint,  for  the  convenience  of  carriage;  but,  by  which,  there  is  rea- 
son to  believe,  a  considerable  portion  of  it  is  wasted.  It  is  also  said,  that  the  finest  particles  are  neglected,  and 
only  the  large  grains  and  lumps  sought  after. 

The  increased  price  of  copper  in  Europe,  and  the  quantity  on  hand  have  been  thought  sufficient  reason  to  con- 
fine the  coinage  of  cents  to  one  press;  and  from  the  last  accounts  from  Europe,  co])per  is  likely  to  be  consider- 
ably increased  in  price,  which  will  render  the  coinage  of  cents  less  profitable.  The  past  year  tiiere  liave  been 
issued  seven  hundred  and  fifty-six  thousand  eight  hundred  and  thirty-eigiit  cents,  and  one  million  ami  fifty-five 
thousand  three  hundred  and  twelve  half  cents — equal  to  twelve  thousand  eight  hundred  and  forty-four  dollars  and 
ninety -four  cents,  as  appears  by  the  same  schedule.  No.  1.  The  amount  ot'  the  cost  of  copper,  ant!  profit  on  the 
the  whole  coinage  of  cents  this  year,  will  be  seen  by  schedule  No.  2. 

The  coinage  of  the  year  amounts,  in  the  whole,  to  tiie  sum  of  three  hundred  and  seventy-one  thousand  eiglit 
hundred  and  twenty-seven  dollars  and  ninety-four  cents;  and  the  number  of  pieces  to  two  millions  fi)rty-six  thou- 
sand eight  liundred  and  thirty-nine. 

The  expenses  of  the  mint,  for  the  past  year,  will  appear,  by  schedule  No.  3,  to  be  reduced  to  a  trifle  more  than 
sixteen  thousand  dollars. 

The  Director  thinks  it  his  duty  to  mention  to  the  President,  that  very  considerable  difficulty,  as  well  as  danger, 
may  arise  to  the  public,  from  the  officers  and  workmen  of  the  mint  being  exposed  to  be  called  out  to  attend  militia 
meetings,  or  on  detachments.  When  large  deposites  of  the  precious  metals  are  passing  through  the  mint,  and,  par- 
ticularly when  in  fusion,  it  may  be  of  the  most  dangerous  consequences  to  have  the  officers  and  men  called  away, 
or  be  liable  to  fines  for  non-attendance-  It  is  too  important  a  trust  to  be  thus  exposed.  The  President,  in  his  wis- 
dom, will  provide  against  this  evil. 

ELIAS  BOUDINO T,  Director. 

To  the  President  of  the  United  Slates. 


No.   1. 
Jin  abstract  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  January  to  the  ZUt  December,  1804. 

Silver  Coins. 


Total  amount  of  Gold  Coins, 

Copper  Coins. 


Dollars. 

Half  DoUars. 

Qua'r  Dollars. 

Dimes. 

Dolls.   Cts. 

Totals. 

Quarter  ending  in  March, 
Ditto            June, 
Ditto            September,  - 
Ditto            December,  - 

19,570 

30,619 

103,100 

22,800 

6,738 

8,265 

19,570  00 
17,820  50 
51,550  00 
11,400  00 

191,092  pieces  of  silver  coins,  - 

19,570 

156,519 

6,738 

8,265 

T 

jtal  amount  of  Silver  Coins,                -               .               .               . 
Gold  Coins. 

$100,340  50 

Eagles. 

Half  Eag-Ies. 

Quarter  eag'les 

Dolls.   Cts. 

Quarter  ending  in  March, 
Ditto            June, 
Ditto            September, 
Ditto            December, 

1,401 
8,394 

22,822 

5,410 
2,243 

3,327 

114,110  00 

22.327  50 
27,050  00 
95,150  00 

43,597  pieces  of  Gold  Coins,   - 

9,795 

30,475 

3,327 

258,642  50 


Cents. 

Hal^C   nts. 

4) 

Dolls.   Cts. 

Quarter  ending  in  March,     .            -            -            -            - 
Ditto            June.       ----- 
Ditto            September,          .            -            -            - 
Ditto            December,          .            .            -            - 

160,000 
308,500 

8,500 
386,838 

399,000 
267,000 
176.542 
232,770 

3,495  00 

4,100  00 

377  00 

4,082  00 

1,812,150  pieces  Copper  Coins,        -            -            -            - 

756,838 

1,055,312 

Total  amount  of  Copper  Coir 

Total  number  2,046,839  pieces  of  Coins. 

Amount  of  Coins  struck  at  the  mint  in  1804, 

is. 

■ 

12,844  94 
$371,827  94 

Mint  of  the  United  States,  Treasurer's  Office,  7 
Philadelphia,  31s^  December,  1804.  3 


BENJAMIN  RUSH. 


120 


FINANCE. 


[1805. 


No.  2. 


Statement  of  the  gain  on  Copper  coined  at  the  Mint  of  the  United  States,  from  \st  January  to  Slsi  December,  1804. 


Mint  of  the  United  States,  Treasurer's  Office,  7 
Philadelphia,  3lst  December,  1804.  5 


1803. 

Dpr ember  31, 

. 

10,950  83 

Amount  remaining  in  the  hands  of  the  chief 

coiner,  as  per  abstract  rendered,  on  whicli 

1804. 

there  was  a  profit  of           -            -            - 

2,029  10 

November  12, 

Deduct  returned  by  him  51  92,  spoiled  plan- 
chettes,  allowed  him  for  difference  in  weight, 
173  97  on  copper  returned  7th  November, 
1803. 

225  89 

. 

225  89 

10.724  94 

1.803  21 

'■'■          28, 

14,061  66^ 

Amount  of  invoice  of  copper  entered  31st  De- 

cember, 1803.  and  delivered  to  the  chief 
coiner  this  day.  on  which  there  is  a  profit 
of    - 

2.615  m 

December  31. 

.       2,520  00 

11,941  66| 

Deduct  so  much  yet  remaining  in  the  hands 
(\^  the   rhipf  roiner    uiiroiiied.  wJiich  will 

take  a  proportion  of  above  profit  of 
Amount  of  copper  coined  in  1804. 

2,221   lOi 

$12,844  94 

.. 

Amount  of  profit  in  coining  said  sum. 

394  31 

- 

$2,597  52 

BENJAMIN  RUSH. 


No.  3. 
An  Mstract  of  the  expenditures  of  the  Mnt  of  the  United  States,  from  the  \st  January  to  3lst  December,  1804. 


Salaries. 

Wag-es. 

Incidentals. 

Totals. 

1804.    Quarter  ending  in  March,     ----- 
Ditto                 June,        ----- 
Ditto                 September,           -            .           -            . 
Ditto                 December,           _           -           -            - 

2,650 
2.650 
2,650 
2.650 

1,102  26 
1,074  31 
1,125  17 
1,073  49 

183  36 
242  04 
341   48 

482  69 

3.935  62 
3.966  35 
4,116  65 
4.206  18 

10,600 

6,375  23 

1.249  57 

Amo 

unt. 

$16,224  80 

Mint  of  the  United  States,  Treasurer's  Office,  7 
ViiihM>ELVHiA,3\stDece7nber,  1804.  3 


BENJAMIN  RUSH. 


8th  Congress.] 


No.  229.  [2d  Session. 


SINKINGFUND. 

communicated  to  the  senate,  FEBRUARY  5,  1805. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 

That  the  measures  which  have  been  autliorized  by  the  Board  subsequent  to  their  report  of  the  4th  of  February. 
1804.  so  far  as  the  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury  to 
this  Board,  dated  the  fourth  day  of  the  present  month,  and  in  the  statements  therein  referred  to.  which  are  herewith 
transmitted,  and  prayed  to  be  received  as  part  of  this  report. 

A.  BURR.  President  of  the  Senate. 
1.  MARSnXhh.   Chief  Justice  of  the  United  States. 
.      .,  ALBERT  GALLATIN.  Secretary  of  the  Treasun/. 

Washington,  February  5,  1805. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Comissioners  of  t!ie  Sinking  Fund — 

That  the  balance  remaining  unexpended  at  the  close  of  the  year  1802,  and  applied  to  payments  falling  due  after 
that  year,  which  balance,  as  appears  by  the  statement  F,  annexed  to  the  last  annual  report,  amounted  to  two 
millions  six  hundred  and  fifty -six  thousand  nine  hundred  and  thirty-three  dollars  and  eight  cents,     $2,656,933  08 

Together  with  the  disbursements  made  during  the  year  1803,  out  of  the  treasury,  on  account  of  the 
principal  and  interest  of  the  public  debt,  which  disbursements,  as  appears  by  the  statement  G, 
annexed  to  tiie  last  annual  report,  amounted  to  seven  millions  three  hundred  and  twenty-seven 
thousand  seven  hundred  and  twenty-one  dollars  and  fifty-nine  cents,        -  -  -"  -      7,327,72159 

And  amounting  altogether  to  nine  millions  nine  hundred  and  eighty-four  thousand  six  hundred  and 

fifty-four  dollars  and  sixty-seven  cents,        --...-.-    $9,984,654  67 


1805.]  THE    SINKING    FUND.  jgj 


Have  been  accounted  for  in  the  following  manner,  viz: 

1.  There  was  repaid  into  the  treasury,  during  the  year  1803,  on  account  of  the  principal  of  protested  bills,  and  of 
advances  made  to  commissioners  of  loans,  as  appears  by  the  statement  I,  annexed  to  the  last  annua!  report,  a  sum 
of  thirteen  thousand  one  hundred  and  seventeen  dollars  and  forty-eight  cents,      -  -  -         $13,117  48 

0.  The  sums  actually  applied  during  the  same  year,  to  the  payment  ot  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Tieasuiy  Department,  amount,  as 
will  appear  by  the  statement  A,  to  eight  millions  six  hundred  and  twenty-two  thousand  four  hun- 
dred dollars  and  sixty-eight  cents,  viz: 

1.  Paid  in  reimbursements  of  the  principal  of  the  debt,  -  -  -    $4,727,788  44 

3.  Paid  on  account  of  the  interest  and  charges  on  the  same,      -  -  -       3,894,612  24 


8,622,400  68 


3.  The  balance  remaining  unexpended  at  the  close  of  tlie  year  1803,  and  applicable  to  payments  fall- 
ing due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B,  to  one  million  three  hundred  and  forty  nine  thousand 
one  hundred  and  thirty-six  dollars  and  fifty  one  cents,        ---...       1.349,13651 


3,984,654  67 


That,  during  the  year  1804,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  principal 

and  interest  ot  the  public  debt,  viz: 
1.  On  account  of  the  reimbursement  and  interest  of  the  domestic  funded  debt,  -  -  -    $4,612,17106 

9.  On  account  of  domestic  loans  obtained  from  the  Bank  of  the  United  States,  viz: 

On  account  of  the  principal,  -.-.-.-       $250,000  00 

do.  do.     interest,  ---....  60,593  68 

310,593  68 

3.  On  account  of  the  domestic  unfunded  debt,  -  -  -  -  -  -  -  653  37 

4.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  and  of  the  interest  on  the  Louisiana 

stock,  .-------.--.       3,336,427  44 


Amounting  altogether,  as  will  appear  by  the  annexed  list  of  warrant  C,  to  eight  millions  two  hundred 

and  fifty -nine  thousand  eight  hundred  and  forty-five  dollars  and  fifty-five  cents,  -  -     $8,259,645  55 

"Which  disbursements  were  made  out  of  the  following  funds,  viz: 

1.  From  the  moneys  appropriated  by  the  3d  section  of  the  act  of  lOth  November,  1803,  for  paying  the  interest  ac- 
cruing on  the  Louisiana  stock,  to  the  end  of  the  year  1803,  .  .  -  .  .         $22,499  93 

2.  From  the  funds  constituting  the  annual  appropriation  of  $8,000,000  for  the  year  1804,  viz: 

From  the  fund  arising  from  interest  on  the  debt  transferred  to  the  commissioners  of  the  sinking 
fund,  as  per  statement  I,       -------  -       $366,223  50 

From  the  funds  arising  from  the  sales  of  public  lands,  being  the  amount  of  moneys  paid 
ijito  the  treasury,  from  the  1st  October,  1803,  to  the  30th  June,  1804,  as  per  state- 
ment K,  -  -.  -  -  -  -  -      .       -  -  -  324,021  66 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the 

tonnage  of  ships  or  vessels,  --...-.      6,556,518  44 

Amounting,  altogether,  to  -------  -       7,216,763  60 

Which  sum  of      -.---------       7,246,763  60 

Together  with  the  sum  advanced  during  the  year  1803,  on  acount  of  the  appropiiation 

for  the  year  1804,  and  amounting,  as  appears  by  the  last  annual  report,  to  -  753,236  40 

Makes,  in  the  whole,  the  annual  appropriation  for  the  year  1804,  of  -  -     $8.000,000  00 

3.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage  of 

ships  or  vessels,  advanced  in  part,  and  on  account  of  the  annual  appropriation  for  the  year  1805,  829,901  59 

4.  From  re-payments  in  the  treasury,  on  account  of  remittances  purchased  for  providing  for  the 
foreign  debt,  and  of  advances  made  to  commissioners  of  loans,  as  will  appear  from  the  statement 
F,  viz: 

Re-payment  of  the  puchase  money,  and  advances,  .  -  -  .        $121,446  51 

Damages  and  interest  recovered.  ---..-  32,370  91 


153,817  42 


5.  From  the  moneys  appropriated  by  law,  for  paying  commissions  to  agents  employed  in  the  purciiase 
of  remittances  for  the  foreign  debt,  being  the  amount  paid  at  the  treasury,  during  the  year  1804. 
for  that  object,  and  will  appear  by  the  statement  C,  -----  -  6,863  01 


8,259,845  55 
That  the  abovementioned  disbursements,  together  with  the  above  stated  balance  of  -  -       1,349,136  51 

which  remained  unexpended  at  the  close  of  the  year  1803,  and  with  a  further  sum,  arising  from 
profit  on  remittances,  purchased  in  the  year  1804,  and  amounting,  as  will  appear  by  the  state- 
ment D,  to      -  -  -  -  -  -  -  -  -  ■  -  •  45,049  25 


And  amounting,  altogetlier,  to  nine  millions  six  hundred  and  fifty-four  thousand  and  thirty-one  dollais 

and  thirty -one  cents,  -------  -  .  .     $9,654.031  31 

will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the   accounts  which  shall  then  have  been 
rendered  to  the  Treasury  Department. 
That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied,  is  estimated  as  follows,  viz: 

1.  The  re-payments  in  the  treasury,  on  account  of  principal,  have,  during  the  year  1804,  amounted,  as  by  the  above- 
mentioned  statement  E,  to     -  -  -  ~  -  -  -  -  -  -       $121,446  51 

2.  The  sums  actually  applied  during  the  year  1804,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  are  estimated  as  tbllows.  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,     -  -  -    $3,205,248  52 

2.  Do.  on  aoccunt  of  the  interest  and  charges  on  the  same,  as  will  appear  by  the 

estimate  F,  --.-....      4,006.799  G9 

7,212,048  21 

3.  The  balance  remaining  unexpended  at  the  close  of  the  year  1804.  and  applicable  to  payments  fall- 
ing due  after  that  year,  is  estimated,  as  per  estimate  G,  at  -----      2,320,53659 

$9,654,031   31 


122 


FINANCE. 


[1805. 


That  no  purchases  of  tlie  debt  of  the  United  States  have  been  made  since  the  date  of  the  last  report  to  Congress, 
and  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  the  commissioners  of  the  sinking  fund,  in 
trust  for  the  United  States,  to  the  31st  December,  1804,  including  the  sum  of  $12,730  27,  being  the  aggregate  of  the 
several  species  of  stock  transferred  in  the  year  1604,  in  payment  tor  pnblic  lands. 

All  which  is  respectfully  submitted.  ,     ^ 

ALBERT  GALLATIN,   Secretary  of  the  Treasury. 
Treasury  Department,  February  4,  1805. 


A. 

Statement  of  the  Jipplkation,  during  the  year  1803,  of  the  Funds  provided  for  the  payment  of  Principal  and 

Interest  of  the  Public  Debt. 

I.  Payments  on  account  of  the  Principal  of  the  Public  Debt. 

1.  On  the  domestic  debt,  viz: 
Reimbursement  of  old  six  per  cent,  stock, 

Do.  deferred  do.  .  .  . 

As  per  treasury  report  No.  15,936. 

2.  Domestic  loans  reimbursed,        .... 

3.  Unfunded  debt,  viz: 
Debt  due  to  foreign  officers,  including  arrears  of  interest. 
Certain  parts  of  domestic  debt, 

4.  On  the  foreign  debt,  viz: 

1st  instalment  of  loan  of  3,000,000  of  1st  January,  1792, 


3d  do.  2,000,000  do. 

4th  do.  3,000,000  do. 

2d  &  3d  do.  2,500,000  do. 

5th  do.  1,000,000  do. 

1st  do.  2,950,000  do. 

Loan  of  1,000,000  do. 

2d  &  3d  do.  6,000,000  do. 

1st  &  2d  do.  2,050,000  do. 


February,  1784, 


do. 
March, 
June, 

do. 

do. 
Sept., 
Dec'r. 


1790, 
1791, 
1788, 
1792, 
1793, 
1791, 
do. 


A 


itwerp. 


At  40  cents, 


$907,411  39 

308,180  31 

$1,215,591  70 

• 

500,000  00 

12,123  31 

12,073  43 

24,196  74 

Guilders. 

600,000 

250,000 

600,000 

1,000,000 

200,000 

600,000 

1,000,000 

2,400,000 

820,000 

7,470,000 

. 

2,988,000  00 

4,727,788  44 

10 


//.  Payments  on  account  of  the  Interest  and  Charges  on  the  Public  Debt. 

1.  On  the  domestic  debt,  viz: 

Interest  for  tlie  year  1803,  on  the  several  species  of  stock,  constituting  the  domes- 
tic funded  debt,  as  settled  at  the  treasury,  .  .  .3,381,796  85 

From  winch  deduct  this  sum,  being  so  much  gained  by  rejecting 
mills  in  paying  dividends,    . 

2.  Interest  on  domestic  loans, 
3d.  On  the  foreign  debt,  viz: 

Interest  paid  at  Amsterdam, 
Do.  Antwerp, 


At  40  cents. 
Premiums  on  loan  of  1st  February,  1804, 

At  40  cents 
Commissions  and  charges,  viz: 

At  Amsterdam, 

At  Antwerp,      .... 


At  40  cents, 
Commissions  on  purchase  of  bills  in  America, 
Lossin  exchange.i'i.)     .  .  .  . 


Guilders. 
.      929,655 
81,487.10 

$404,457  00 
6,000  00 

20,358  49 

3,381,796  75 
82,000  00 

(a.)l,011,142.10 
15,000 

- 

.     15,647,18.8 
.       7,724,08.0 

, 

23,372.06.8 

.       $9,348  93 
4,957   11 
6,052  45 

430,815  49 

,      T  fiOi   C]  CI    cii 

e  year  1803, 

lie  debt,  during  th 

$8,622,400  68 

1805.]  THE    SINKING   FUND.  223 

NOTES  TO  STATEMENT  A. 

(rt)  The  interest  regularly  due  for  1803,  on  the  Amsterdam  and  Antwerp  debt,  was  .  Guilders,  981,800.00 

To  which  add  for  the  following  items: 

1.  The  1st  instalment  of  the  Antwerp  loan,  due  on  the  1st  December,  1802,  was,  through  some  mis- 
apprehension on  the  part  of  the  banker,  paid  only  on  the  1st  May,  1803,  the  interest  for  that 
period,  amounting  to        .........         7,687.10 

2.  the  3d  instalment  of  the  loan  of  1st  March,  1791,  ami  payable  1st  March,  1804,  was 

paid  by  anticipation,  on  the  1st  November,  1803,  the  interest  from  that  day  to  the 
1st  March.  1804,  was  saved,  and  the  interest  from  1st  March  1803  to  1st  November, 

1803,  was  paid,  together  with  the  principal,       ......        16,675.00 

3.  The  third  instalment  of  the  loan   1st  September,  1791,  and  payable  1st  September. 

1804,  was  paid  by  anticipation  on  the  1st  October,  1803,  the  interest  for  eleven  months 

was  saved,  and  one  month's  interest  paid,  together  with  the  principal,  .  .        4,980.00 

29.342.10 


Guilders,     1,011,142.10 


{b.)  Loss  on  exchange,  viz: 

On  bills  pucrhased  in  1803,  as  per  statement  H.  annexed  to  the  last 

annual  report,        .  '.  .       Guilde  rs  4,125,M0  10  01    Cost,  $1,674,057  21 

Deduct  a  bill  on  wiiich,  it  having  been  protested, 

no  loss  of  exchange  was  incurred,  .  50,000  00  00     do.  20,500  00 


At  par. 

4,075,840  10  01 
Sterling,',£l09,585  17  08 

do." 

1,653.557  21 
1,630,336  21 

Loss, 
At  par. 

$23,221  00 

$488,453  86 
487,048  36 

Remitted  to  Amsterdam,  .  .do.  129  10  07  G;<<7f/e/-s,  1,431  09  00 

At  par,  .....  1,4390400 


1,405  50 


From  which  deduct,  gained,  viz:  loss,     .  .  .  .  .  7  15  00  3  10 

Remitted  from  London  to  Amsterdam,   Sterling,  £70,000  do.      27.092  17  00 

Do.  do.  do.  do.  80,587  14  07       do.       25,267  09  08 


24.629  GO 


do.      52,860  06  08 


At  40  cents,  .....  20,944  13 

Deduct  ciiarges  and  commissions  in  London,       .  .  .    Sterling,  ^6704  00  06 

At  4s.  6d.      .......     3,129  00 


17,815  13 
On  remittances  from  Amsterdam  to  Antwerp,      .  .  .       Guilders,  1,905  01 

At  40  cents,  .  .  .  .  .  .762  02 


18,577  15 


Total  loss  on  exchange,  in  1803,        .         $6,052  45 
Treasury  Department,  Register's  Office,  February  1st,  1805. 


JOSEPH  NOURSE,  Register. 


B. 


Statement  of  the  provision  made  before  the  1st  day  of  January,  1804,  for  the  payment  of  the  Principal  and  Interest 

of  the  Public  Debt  falling  due  after  the  year  1803. 

I.  On  account  of  the  Foreign  Debt. 

1.  Casii  in  the  hands  of  commissioners  and  agents,  in  Europe,  viz: 

In  Amsterdam,    as  per  treasury   settlement 

No.  15.416,        .  .  .        Guilders,  2,152,072  14  8  (a) 

From  which,  ileducting  a  bill  credited  by  the 
commissioners,  in  1803,  but  not  paid  for  at 
the  treasury  till  1804,    .  .  .  59,500  00  0 

Leaves  a  balance  of  .  .      Guilders,  2,092,572  14  8 

Deduct  a  balance  due  in  Antwerp,  (i)    .  416  11  0 

2,092,156  03  8 


At  40  cents,    $836,862  47 
In  London,  as  per  account  rendered  by 

Sir  Francis  Baring  &  Co.         .  sterling  £2,664  12  00 

At  4.S.  6d.         11,842  67 


2.  Amount  of  remittances  paid  for  at  the  treasury,  and  remitted  on  or  before  the 
31st  December,  1803,  which  are  credited  by  the  commissioners  or  agents 
in  their  accounts  for  1804,  viz: 
Remitted  to  Amsterdam,  (c)        .  Guilders,  697,051  00  0 

At  40  cents,      278,820  40 
Do.      to  London,  (</)  .  sterling  £3,000    0    0 

At  4s.  6d.         13,333  33 


$848,705  14 


3.  Amount  of  payments  made  at  tlie  treasury  before  the  31st  December,  1803, 
for  remittances  which  have  been  protested  for  non-payment,  and  which, 
on  that  day,  had  not  been  repaid  into  the  treasury,  (e)      .  .  .  224.500  00 


292,153  73 

$1,365,356  S7 


224  FINANCE.  [1805. 


II.  Deduct,  on  account  oj  the  Domestic  Debt: 

The  demands  unsatisfied  on  the  1st  January,  1804,  were  as  follow,  viz: 

1.  Dividends  payable  by  Commissioners  of  Loans,  including  that  due  on  that  day,  and  exclu- 
sively of  unclaimed  dividends,  no  longer  demandable  at  their  offices,  $1,233,043  74 

2.  Unclaimed  dividends,  payable  at  the  treasury,        ....  8.78255 


The  provision  made  for  that  object,  was  as  followeth,  viz: 

1.  Cash  due  from  deceased  Commissioners  of  Loans,  .        $1,346  51 

3.  In  the  hands  of  acting  Do.  Do.  .    1,223,257  42 


^1,240,826  29 


1,224,603  93 


Leaving  the  amount  wanted  to  meet  all  the  demands  to  1st  January,  1804,    .  .  .  16,232  36 


Total  amount  of  provision  for  public  debt,,  remaining  unapplied  on  31st  December,  1803,    .  $1,349,136  51 


KOTES   TO    STATEMENT  B. 

(a)  The  account,  as  settled  at  the  treasury,  states  the  balance  at 

From  which,  deducting  the  suspended  items,  as  explained  in  last  annual  report, 


Guilders,  2,214,342  11  8 
62,269  17  0 


Leaves  the  amount  here  stated,  .  .  .  .  .  .  .  .        '  .  2,152,072  14  8 


(6)  Mr.  De  Wolf  has  rendered  his  account  only  to  18th  July,  1803,  on  which  day  the  balance 

due  to  him,  was  .  ........      Guilders,         1,616  11  0 

The  payments  at  Antwerp  oy  1st  December,  1803,  for  principal  and  interest,  were  .  483,800  00  0 

485,416  11   0 
The  remittances  made  to  him  to  meet  those  payments,  and  which  he  had  not  yet  received  at  the 

date  of  his  last  rendered  account,  amount  to  .....  .  485,000  00  0 


Leaves  the  balance  due  him,  exclusively  of  charges  which  may  appear  in  his  next  account,  416  11  0 


(c)  The  following  statement  proves  the  sum  of  Guilders  697,051,  as  here  stated,  to  be  correct: 

Balance  in  the  hands  of  commissioners  at  Amsterdam  and  Antwerp,  on  31st  December,  1802,  as  per 
statement  F,  annexed  to  the  last  annual  report,        .  .  .  .         Guilders,  993,268  03  2 

Remittances  paid  for,  previous  to  1803,  and  credited  by  the  commissioners  in  their  accounts 

for  that  year,  as  per  ditto, 5,288,497  06  0 

Do.  purchased  in  1803,  as  per  statement  H,  annexed  to  the  last  annual 

report,     .......  Guilders,  4,125,840  10  6 

Do.  do.  do.  do.   sterling  ^6109,585  17  08 

At  par,      1,217,620  18  0 
Profit  on  exchange  of  remittances  from  London  to  Amsterdam,  and 
from  Amsterdam  to  Antwerp,  as  per  note  (6.)  to  the  preceding 
statement  A,      ......      $18,577  15 

Deduct  loss  on  bill  of  sterling  £129  10  07,  remitted  to 

Amsterdam,  per  do.      .  .  .  .  .  3  10 

18,574  05 
At  40  cents,  46,435  02  8 


5,389,896  10  14 
Guilders,     11,671,662  00  00 


Amount  applied  to  principal  and  interest  of  Foreign  Debt,  in  1803,  as  per  statement  A,  viz: 

For  principal, 7,470,000  00  00 

Interest, 1,011,142  10  00 

Premiums, 15,000  00  00 

Commissions  and  charges,  .  .  .  23,372  06  08 

1,049,514  16  08 

l_J 

Bills  purchased  in  1803,  protested  for  non-payment,  as  per  statement  E,  annexed  to  this 
report,  viz: 

L.  A-  Tarascon, 50,000  00  00 

Stephen  Girard,        .  .  .  sterling  £22,600,  at  par,  250,000  00  00 


8,519,514  16  08 


300,000  00  00 


Cash  in  hands  of  commissioners  at  Amsterdam  and  Antwerp,  on  31st  December,  1808,  as 

per  this  statement,  .  .  .  ...  .  .  ..         2,092,1560308 

Remittances  to  London,  paid  for  in  1803,  and  remaining  unapplied  on  do.,  as  per  do.,  viz: 

InhandsofF.  Baring,  &  Co sterling  £2,664  12  00 

Credited  by      Do.    in  his  account  for  1804,        ....        3,0000000 

steriing  £5.664  12  00 

At  par,  62,940  00  00 

Balance  of  outstanding  remittances  to  Amsterdam,  as  per  this  statement,  .  .  697,051  00  00 


As  per  above,  .  .  .   Guilders,  11,671,662  00  00 


1805.] 


THE    SINKING    FUND. 


125 


(rf)  The  sterling  bills  purchased  in  1803,  on  account  of  the  Foreign  Debt,  amounted,  as  per  statement  H,  annex- 
ed to  last  year's  report,  to  .......        sterling  £109,585  17  08 


Which  are  accounted  for  as  followeth,  viz: 

Stephen  Girard's  bill,  protested  for  non-payment, 
Bill  remitted  from  America  to  Amsterdam, 
Do.  remitted  from  London  to  Amsterdam, 
Charges  on  said  remittance. 
Balance  unapplied  on  31st  December,  1803,  viz: 

In  hands  of  F.  Baring  &  Co. 

Credited  by     Do.    in  1804,  as  here  stated, 


2,664   12  00 
3,000  00  00 


22,500  00  00 
129   10  07 

80,587  14  07 
704  06  00 


5,664   12  00 


Sterling  £109,585  17  08 


(e)  Statement  of  protested  bills  outstanding  31st  December,  1803: 


Purchased, 

Before  1802,  ^Prager's  bill. 

In  1802, 
In  1803, 


.   Guilders,  120,000, 

rown's  do 60,000, 

CBrown&  Hackman's  do.      .        .      60,000, 

iBeal  Ovvings',  do.         .         .         .      20,000, 

CL.  A.  Tarascon's  do.    .        .        •      50,000,  cost   20,500^  -,,,„  ...  ,.    ,... 

i  Stephen  Girard's  do.    .      sterling  £22,500,    .      loo^oj  ^1^0,500,  recovered  in  1804. 


$48,000~J 
24'oq[|  S  $104,000,  yet  in  suit. 

B^OOOJ 


$224,500 


The  protested  bills  outstanding  on  the  31st  December,  1802,  amounted,  as  per  statement  F,  annex- 
ed to  last  annual  report,  to      .........  . 

The  repayments,  in  1803,  of  the  principal  of  protested  bills,  amounted,  as  per  statement  J,  annex- 
ed to  last  annual  report,  to     .  .  ........ 

Leaving,  outstanding,  of  those  bills,      ....  ..... 

Bills  purchased  in  1803,  and  which,  having  been  protested,  remained  outstanding  at  the  close  of 
that  year,  as  per  above,         .......... 


$115,070 
11,070 

104,000 
120,500 

$224,500 


Treasury  Department,  Register's  Office,  February  1st,  1805. 

JOSEPH  NOURSE,  Register. 


C. 


List  of  Warrants  drawn  according  to  law,  during  the  year  1804,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  reimbursement  ana  interest  of  the  domestic  debt. 


No.  of 

Date. 

Warrants. 

4586 

February 

29,  1804. 

4592 

March 

5, 

- 

4593 

a 

44 

- 

4594 

a 

44 

- 

4595 

44 

44 

- 

4626 

44 

19 

- 

4627 

44 

.4 

- 

4628 

44 

44 

- 

4629 

a 

44 

- 

4630 

44 

44 

- 

4631 

44 

44 

- 

4637 

44 

21, 

- 

4641 

44 

23, 

- 

4644 

44 

24, 

- 

4661 

t* 

28, 

- 

4662 

4k 

i^ 

- 

4664 

44 

l.i> 

- 

4887 

May 

31, 

- 

4888 

44 

4k 

_ 

4889 

4C 

44 

_ 

4890 

44 

44 

- 

4891 

44 

44 

_ 

4898 

June 

6, 

_ 

4915 

44 

18, 

- 

4916 

44 

44 

- 

4917 

44 

44 

- 

4918 

4. 

44 

- 

4919 

44 

44 

- 

4927 

44 

25, 

- 

4928 

44 

44 

- 

4929 

44 

44 

- 

4930 

44 

27, 

- 

4931 

44 

44 

- 

4933 

44 

44 

- 

In  whose  favor. 


17 


tt 


James  Davidson,  Jun. 
William  Gardner, 
Sherwood  Haywood, 
John  Neufville, 
James  Alger, 
Thomas  Perkins,    - 
Jabez  Bowen, 
William  Imlay, 
James  Nicholson,   - 
Merewether  Jones, 
James  Ewing, 
Benjamin  Harwood, 
John  Stockton, 
Stephen  Moylan,    - 
George  Simpson,     - 
James  Davidson,  Jun. 
Thomas  T.  Tucker, 
James  Alger, 
John  Neufville, 
Sherwood  Haywood, 
Merewether  Jones, 
William  Gardner, 
James  Davidson,  Jun. 
James  Ewing, 
William  Few, 
William  Imlay, 
Jabez  Bowen, 
Thomas  Perkins,     - 
Stephen  Moylan,    - 
John  Stockton, 
Benjamin  Harwood, 
George  Simpson,     - 
James  Davidson.  Jun. 
Thomas  T.  Tucker, 


Sums. 


$8,782  55 
6,300  00 
1,600  00 
37,000  00 
1,500  00 
163,000  00 
11,700  00 
22,000  00 
160,000  00 
12,500  00 
6,800  00 
12,210  30 
2,560  54 
188,746  61 
181,810  97 
34,502  00 
2,166  87 
1,000  00 
37,000  00 
1,550  00 
11,000  00 
6,400  00 
6,287  23 
5,750  00 
235,000  00 
21,000  00 
12,000  00 
170,000  00 
195,243  34 
2,628  33 
12,553  79 
102,130  45 
33,875  03 
2,166  87 


126 

FINANCE. 

[1850. 

B— Continued. 

No.  of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

5030 

July             10, 

James  Davidson,  Jun. 

$1,346  34 

5124 

September    5, 

Do.            - 

7,217   15 

5125 

6,        ■          - 

James  Alger, 

750  00 

5126 

"                 " 

Sherwood  Haywood, 

1,800  00 

5127 

"                   "• 

Merewether  Jones, 

12,500  00 

5128 

"■                   "                 -       - 

William  Gardner, 

6,500  00 

5129 

"                 " 

Josiah  Smith,          .               .               . 

37,500  00 

5144 

18, 

James  Ewing,         -               -               . 

5,700  00 

5145 

"                 " 

William  Few, 

235,000  00 

5146 

"                 " 

William  Imlay, 

21,650  00 

5147 

"                 " 

Jabez  Bowen, 

12,000  00 

5148 

"                 " 

Thompson  I.  Skinner. 

165.000  00 

5149 

tt                              44           '■    .    '■  ■ 

Benjamin  Harwood, 

11,916  33 

5153 

"               21, 

Stephen  Moylan,    - 

197,295  50 

5157 

24, 

John  Stockton, 

2,838  70 

5161 

"                27, 

George  Simpson,    -               -               - 

98,246  77 

5162 

"       ■ 

James  Davidson, Jun. 

33,101  73 

5164 

44                              44          '    1.'     - 

Thomas  T.  Tucker, 

2,166  87 

5327 

November  12, 

James  Davidson,  Jun. 

654  05 

5363 

December     4, 

James  Alger,           .               -               - 

1,500  00 

5364 

44                              4  4                       ■              _ 

John  Neufville, 

73,000  00 

5365 

44                              44 

Sherwood  Haywood, 

2.500  00 

5366 

4  4                             44                          ■            _ 

William  Gardner, 

13,000  00 

5375 

12, 

Merewether  Jones, 

23,000  00 

5383 

15, 

William  Imlay,      -               -               - 

43,500  00 

5384 

ii                                    ki 

Jabez  Bowen, 

20,500  00 

5385 

4  k                                i<. 

Benjamin  Austin,  Jun. 

318,000  00 

5391 

'"                19, 

Edward  Hall. 

22,131   07 

5392 

44                             "                      •                . 

William  Few, 

450,000  00 

5393 

44                             4  4 

James  Ewing, 

11,000  00 

5400 

"               21, 

James  Davidson,  Jun. 

9,183  34 

5402 

22. 

John  Stockton, 

5,159  03 

5405 

"                24, 

Stephen  Moylan,    - 

344,480  29 

5408 

"                         OQ 

Thomas  T.  Tucker, 

3,348  84 

5409 

44                                 44 

James  Davidson,  Jun. 

Thomas  T.  Tucker.                -    $91,460  53 

19,675  01 

4663 

Marcii         28, 

4932 

June            27, 

Do.             -                 -       91,495  79 

5163 

September  27, 

Do.              -                 -       91,581  45 

5407 

December  29, 

Do.              -                  -       91,685  73 

5406 

44                             44 

Do.              -                  -     324,021   66 

690,245  16 

$4,612,171  06 

No.  2. 

List  of  Warrants  drawn  according  to  law  during  the  year  1804,  on  the  Treasurer  of  {the  United  States,  on  account 
of  the  repayment  of  principal  of  moneys  borrotved  of  the  Bank  of  the  United  States. 


No.  of  Warrant. 

Date. 

In  whose  favor. 

Sums. 

5325 
5326 

1804.  Nov.  12. 

44                  44 

President,  Directors,  and  Company,  of  the  Bank  of  the 
United  States,  on  account  of  2.000.000  dollars,  obtained 
31st  of  December,  1794,      - 

Ditto,  on  account  ot  500,000  dollars,  obtained  3Ist  Decem- 
ber, 1795,      -----... 

$125,000  00 
125,000  00 

$250,000  00 

No.  3. 

List  of  TVarranls  drawn  according  to  laiu  during  the  year  1804,  on  the  Treasurer  ofths  United  States,  on  account 

of  the  interest  on  domestic  loans. 


No.   of  Warrant. 

Date. 

In  whose  favor. 

Sums. 

4522 
4523 
4607 
4608 
4609 
5027 
5028 
5029 

Jan. 19, 1804, 

44 

March  10. 

44 
44 

July  10. 

44 
44 

James  Davidson,  Jr.          -            -           -           -           . 
Ditto,          ----.. 
Ditto,          .---.. 
Ditto,          ---.., 
Ditto,          --.... 
Ditto,          ---... 
Ditto,          --.... 
Ditto,          ---... 

$15,000  00 

6,000  00 

10,043  02 

1,819  68 

480  98 

15,000  00 

6,250  00 

6,000  00 

$60,593  68 

1805.] 


THE   SINKING  FUND. 


127 


No.  4. 

List  of  Warrants  drawn  according  to  law,  during  the  year  1804,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  reimbursement  of  capital  and  interest  of  the  Butch  Debt. 


No.  of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

4515 

January     17,  1804, 

David  Harris,              -                    -                   - 

$4,000 

4519 

'     18, 

George  Simpson, 

Jona.  Burrall,             ... 

36  50 

4529 

24, 

212  43 

4537 

30, 

David  Harris,             .                    .                   .. 

1,400 

4548 

February     6, 

Do. 

1,000 

4577 

21, 

George  Simpson, 
Do. 

.5,000 

4583 

25, 

4,800 

4585 

28, 

Smith  Ridgway  and  others, 

32,000 

4588 

March          1, 

George  Simp.son, 

8,000 

4590 

3, 

David  Harris,             .                    .                    - 

7,200 

4599 

6, 

Jona.  Burrall, 

41,066  50 

4G00 

6, 

David  Harris, 

1,600 

4602 

8, 

Do. 

10,000 

4610 

12, 

Smith  Ridgway  and  others, 

25,000 

4611 

12, 

George  Simpson, 
David  Harris, 

12,000 

4618 

16, 

7,120 

4619 

15, 

Jona.  Burrall,             -                   -    . 

52,000 

4620 

15, 

George  Simpson, 

10,000 

4624 

17, 

Do. 

31,000 

4632 

19, 

David  Harris,             -                    -                    - 

22,000 

4634 

20, 

Peter  R.  Dalton, 

120,000 

4643 

33, 

David  Harris, 

12,000 

4646 

26, 

Willings  and  Francis, 

39,200 

4647 

26, 

Jona.  Burrall,             -                   -                   " 

20,000 

4648 

26, 

George  Simpson,        -                   -                   - 

4,000 

4649 

26, 

Montgomery  Newbolds  and  others. 

59,400 

4652 

27, 

Daniel  W.  Coxe,       - 

49,000 

4653 

27, 

Thomas  and  Jno.  Cliftbrd, 

11,760 

4659 

27, 

George  Simpson, 
David  Hams, 

9,200 

4668 

29, 

21,100 

4674 

30, 

Van  Wyck  and  Dorsey, 

24,395 

4679 

31, 

George  Simpson, 

13,413  31 

4734 

April           2, 

Montgomery  Newboldsand  others. 

19,800 

4759 

3, 

Jacob  Gerard  Koch,  - 

58,500 

4760 

3, 

William  Wain, 

39,200 

4771 

6, 

David  Harris,             -                   -                   " 

42,000 

4772 

6, 

George  Simpson, 

i32,600 

4773 

6, 

Jona.  Burrall, 

49,100 

4786 

9, 

David  Harris,             -                   -                   - 

30,400 

4788 

10, 

John  Doiinell,             .                   .                   - 

54,000 

4793 

13, 

Josepli  Summerl  and  others. 

34,300 

4799 

13, 

David  Harris, 

11,223  62 

4800 

16, 

John  James  and  others. 

29,400 

4801 

16, 

Stephen  Girard, 

49,100 

4802 

16, 

Peter  R.  Dalton, 

80,000 

4803 

16, 

George  Simpson, 

8,000 

4804 

17, 

James  Vanuxem  and  J.  L.  Clark, 

19,640 

4805 

17, 

Jona.  Burrall. 

20,000 

4806 

17, 

Robert  Oliphant, 

17,444  46 

4813 

20, 

Joseph  Lyon  and  others. 

5,880 

4814 

20, 

David  Harris, 

17,600 

4817 

21, 

George  Simpson, 

Do.                     -                   -                  - 

5,200 

4818 

23, 

26,800 

4819 

23, 

Abel  Humphreys, 

7,840 

4820 

23, 

Edward  Smith  and  Jas.  Wood,    - 

19,660 

4829 

26, 

Minturn  and  Champlin. 

19,600 

4832 

27, 

Smith  and  Buchanan, 

27,440 

4836 

30, 

David  Harris, 

8,000 

4843 

May 

George  Simpson,        -                   -                   - 
Jona.  Burrall, 

38,610 

4846 

2, 

12,000 

4848 

3, 

David  Harris, 

20,000 

4849 

3, 

Montgomery  Newboldsand  others, 
Jona.  Burrall, 

12,000 

4850 

5, 

7,280 

4852 

7, 

Daniel  W.  Coxe, 

56,840 

4855 

9, 

George  Simpson, 

39,390 

4862 

12, 

Do.                                       -                  - 

1,950 

4863 

12, 

Stephen  Girard, 

10,807  50 

4866 

18, 

George  Simpson, 
Do. 

3,900 

4870 

21, 

39,000 

4876 

26, 

Robert  Oliphant, 

43  61 

4881 

30, 

Tench  Coxe, 

980  41 

4892 

June            1, 

Montgomery  and  others, 

38,046  40 

4897 

4, 

George  Simpson, 
David  Harris. 

3,900 

4899 

5, 

21,670 

4905 

9, 

Peter  R.  Dalton, 

919  79 

4907 

11, 

George  Simpson, 

12,675 

4922 

18, 

Do.                    -                  -                 - 

4,875 

4924 

23, 

Jona.  Burrall, 

503  61 

5037 

July           13, 

David  Harris,             -                   -                  - 

690  76 

5051 

19, 

George  Simpson,        -                   -                  - 

760  78 

128 


FINANCE. 


[1805. 


B — Continued. 


No.  of 

Date. 

In  whose  favor. 

Sums. 

Warrant. 

5158 

September  25,   1804, 

James  Davidson, 

$5,070 

5166 

28, 

George  Simpson,        -                  -                  - 
David  Hams, 

78,000 

5167 

29, 

78,000 

5168 

29, 

Jona.  Burrall,            .                  _ 

313,000 

5169 

29, 

Peter  R.  Dalton, 

156,000 

6170 

29, 

Sir  Francis  Baring  &  Co. 

91,452  39 

5275 

October      12 

George  Simpson, 
Do. 

6,930 

5278 

15. 

66,797  50 

5279 

15, 

David  Harris, 

7,700 

5286 

19, 

George  Simpson, 
Jona.  Burrall, 

7,700 

5287 

20, 

154,000 

5288 

20, 

David  Harris,             _                  -                  . 

69,300 

5292 

23, 

George  Simpson, 

16,170 

5294 

26, 

1)0.                        ... 

10,587  50 

5298 

29, 

Do. 

7,315 

5299 

30, 

Peter  Roe  Dalton, 

115,549  35 

5300 

November  1, 

William  Yeaton,        -                  .                  . 

10,000 

5340 

22, 

George  Simpson, 

Jona.  Burrall,            -                   -                  - 

483  75 

5360 

December    4, 

1,165 

5361 

4? 

David  Harris,             -                  -                  - 

387  50 

5367 

5,      - 

Peter  R.  Dalton, 

678  87 

5412 

31, 

James  Davidson,  jr.  - 

13,095  67 

2,916,797  21 

From  which  deduct  the  sum  of  one  hundred  and 

eleven  thousand  eight  hundred  and  seven  dollars 

seventeen  cents,  included  in  the  foregoing  amount. 

but  which,  by  a  treasury  warrant,  No.  134,  the  Re- 

gister carried  to  the  following  appropriations  in 

the  treasury  books  of  the  United  States,  viz: 

To  dij)lomatic  department,                -    5,674  48 

Prize  causes,                -               -       513  54 

British  treaty,               -               -  48,497  53 

Books  for  the  use  of  Congress,    -     2,174  89 

Relief  and  protection  of  American 

seamen.     -               -               -       780  06 

Interest  on  Louisiana  stock,        -  54,166  67 

1 11  807  17 

J  1.  1  •OV  /       1   / 

2,804,990  04 

Included  in  the  foregoing  list  of  warrants,  are 

- 

the  following  warrants  for  commissions  to  the 

agents  who  purchased  the  bills,  at  one-fourth  of 

one  per  cent,  viz: 

4519 

January     18, 

George  Simpson,        -                  -           36  50 

4529 

24, 

Jona.  Burra  1,              -                   -          212  43 

4876 

May          26, 

Robert  Oliphant,        -                  -           43  61 

■1881 

30, 

Tench  Coxe,               -                  -         980  41 

4905 

June            9, 

Peter  R.  Dalton,        -                            919  79 

4924 

23, 

Jona.  Burrall,             -                   .          503  61 

5037 

July            13, 

David  Harris,             -                  -         690  76 

5052 

19, 

George  Simpson,        -                  .         760  78 

5340 

November  22, 

Do.                     -                  .         483  76 

5360 

December  4, 

Jona.  Burrall,             -                  .1,165 

5361 

4, 

David  Harris,              -                   -          387  50 

5367 

5, 

Peter  R.  Dalton,        -                  -         678  87 

6,863  01 

No.  5. 

List  of  fJ'arranls  drawn  according  to  law  during  the  year  1804,  on  the  Treasurer  of  the  United   States,  on  account 

of  the  payment  of  interest  on  the  Louisiana  Stock. 


No.  of  Warrant. 


4512 
4513 
5301 
5358 
5411 


January     16th, 

November  1st, 

29th, 

December  31st, 


In  whose  favor. 


Alexander  Baring, 

ditto, 
James  Davidson,  Junr. 

ditto, 

ditto. 


To  the  foregoing  amount  is  to  be  added  the  sum  of  fifty-four  thousand  one  hundred  sixty-six 
dollars  and  sixty-seven  cents,  which,  pursuant  to  instructions  from  the  Secretary  of  the  Trea- 
sury, was  placed  in  the  hands  of  Francis  Baring  &  Co.,  and  forms  a  part  of  the  sum  of  one 
hundred  and  eleven  thousand  eight  hundred  and  seven  dollars  and  seventeen  cents,  deduct- 
ed, as  per  treasury  warrant  No.  134,  from  the  remittances  on  account  of  the  Dutch  debt, 


Amount. 


$22,499  93 

286,666  67 

20,000  00 

20,000  00 

128,104  13 

$477,270  73 


54,166  67 
$531,437  40 


1805.] 


THE  SINKING  FUND. 


129 


No.  6. 

List  of  Warrants  drawn  according  to  law  during  the  year  1804,  on  the  Treasnrer  of  the  United  States,  on  account 

of  paying  certain  parts  of  the  Domestic  Debt. 


No.  ofWarrant. 


4555 
4571 

5088 
5341 


Date. 


1804. 
February   10th, 
March        31st, 
August       13th, 
November  23d, 


In  whose  favor. 


Daniel  Thomas,  - 
Oliver  Pollock.  - 
William  Simmons, 
Israel  Smith 


Sums. 


84 

17 

454 

76 

63 

94 

50 

50 

$653 

37 

REC  APITULATI O  N. 


interest  and  reimbursement  of  domestic  debt, 
Interest  on  domestic  loans, 
Reimbursement  of  domestic  loans, 
Interest  and  reimbursement  of  Dutch  debt, 
Interest  on  Louisiana  stock, 
Certain  parts  of  the  domestic  debt, 


4,  612,171   06 

60,593  68 

250,000  00 

2,804,990  04 

531,437  40 

653  37 

$8,259,845  55 


Treasury  Department,  Register's  Office,  February  1st,  1805. 


JOSEPH  NOURSE,  Register. 


D. 

Amount  of  remittances  during  the  year  one  thousand  eight  hundred  and  four,  on  account  of  the  Dutch  debt, 
and  for  the  payment  of  the  interest  upon  the  Lotdsiana  six  per  cent  stock. 


Guilders. 

59,500     00 

00 

2.673,893     14 

00 

100,000     00 

00 

10,500     00 

00 

200,000     00 

00 

3,578     00 

00 

55,000     00 

00 

27,500     00 

00 

175,000     00 

00 

876,500     00 

00 

1.462,249     19 

00 

1,200,128       4 

00 

7.534,849     17 

00 

£.         s.     d. 

32,773     19     2 

61,346     14  10 

94,120     14  00 

(a.)12,969       2     3 

I 

je81,151      11     9 

1 

Rate, 


at  40  do. 

do. 

at  39.90 

do. 

at  39.80 

do. 

at  39.60 

do. 

at  39.50 

do. 

at  39.40 

do. 

at  39.30 

do. 

at  39.28 

do. 

at  39.20 

do. 

at  39.00 

do. 

at  38.50 

do. 

$24,395  00 

1,069,557  48 

39,900  00 

4,199  00 

79,200  00 

1,413  31 

21,670  00 

10,807  50 

68,740  00 

340,060  00 

843,277  50 

462,049  35 

$2,965,249   14 


at  2|  per  cent,  above  par, 
at  par, 


$149,303  60 
272,652  19 


421,955  79 
2    3      Deduct  transferred  to  other  funds  per  warrant  No.  134  (^a.^     57,640  50 


Applied  to  remittances. 

Paid  to  agents  for  commissions. 


Warrants  issued  in  the  year  1804,  on  account  of  the  Dutch  debt,  as  per 
statement,  ...--- 

Interest  on  the  Louisiana  six  per  cent,  stock,  as  per  statement. 

As  above 


fes. 

$57,640  50 

jei2.969 

2 

3 

. 

$513  54 

£115 

10 

11 

. 

5,674 

48 

1.276 

15 

2 

- 

48.497 

53 

10,911 

18 

11 

- 

2.174 

89 

489 

i 

00 

•• 

780 

6 

175 

10 

3 

As  above. 

$57,640 

50 

£12,969 

2 

3 

364,315  29 

3,329,564  43 
6,863     1 

3,336,427  44 


$2,804,990     4 
531,437  40 

$3,336,427  44 


(«.)  Appropriation  warrant  No.  134,  authorized  the  Register  to  transfer  from  the  amount  of 

warrants  iss»ed,  for  the  Dutch  debt,  the  sum  of           $111,807  17  £25,156     12      3 
Deduct  so  much  thereof  transferred  to  the  credit  of 

interest  on  Louisiana  stock  included  above.        -               54,166  67  12,187     10    00 


Transfeired  to  the  following  funds: 
Prize  causes. 
Diplomatic  Department. 
British  treaty. 

Books  for  Coigress,    -  .  - 

Protection  of  American  seamen, 


130 


FINANCE. 


[1805. 


Profit  arising  from  remittances  viz: 
Guilders  7,534,849  17        at  40  cents  per  guilder, 
£81,151  11     9        at  par,     - 


Remittances  cost. 


Gain, 


Treasury  Department,  Register's  Office,  February  1st,  1805. 


$3,013,939  94 
360,673  74 

$3,374,613  68 
3,329,564  43 

$45,049  25 


JOSEPH  NOURSE,  Register. 


E. 

Statement  of  repayments  made  into  the  Treasury,  during  the  year  1804,  on  account  of  the  public  debt. 


Date  of  warrant. 


March  31st,       - 
June  30tli, 
September  29th, 


June  2d, 


No.  of  wai-- 
rant. 


752 
777 
805 


761 


On  whom  drawn. 


George  Simpson, 
Do. 
Do. 


Thomas  Smith, 


Principal  re- 
paid. 


20,500  00 
100,000  00 


Damages  re- 
covered. 


120,500  00 
946  51 


$121,446  51 


3,508  00 
28,862  91 


.32,370  91 


Total  amount  of 
warrant . 


32,370  91 


24,000  00 
63,971  24 
64,891  67 


152,870  91 
946  51 


153,817  42 


Foreign  debt 
Domestic  debt. 


Treasury  Department,  Register's  Office,  February  1,  1805. 


JOSEPH  NOURSE,  Register. 


^n  estimate  of  the  application,  made  during  the  year  1804,  of  the  funds  provided  for  the  payment  of  the  principal 

and  interest  of  the  public  debt. 


1.   On  account  of  the  principcd. 

1.  Reimbursement  of  the  6  per  cent,  and  deferred  stocks,  estimated  at 

2.  Do.     of  domestic  loans,  .  -  -  -  - 

3.  Do.     of  registered  debt, 

4.  On  account  ot  the  foreign  debt,  viz,: 

2d  instalment  of  loan  of  3,000,000  of  1st  January,  1792,    guilders 
4th  do.  2,000,000      1st  February,  1784, 


5th 

do. 

3,000,000 

4th 

do. 

2,500,000 

2d 

do. 

2,950,000 

4th 

do. 

6,000,000 

3d 

do. 

2,050,000 

1st  February,  1790, 

1st  March,  1791, 

1st  June,  1792, 

1st  September,  1791, 

1st  Dec.  1791.  (Antwerp) 


600,000 
250,000 
600,000 
500,000 
600,000 
1,200,000 
410,000 


Guilders,  4,160,000 
'  at  40  cents, 

2.  On  account  of  interest  and  charges. 

1.  Interest  on  domestic  funded  clebt,  estimated  for  1804,  at 

2.  Do.    domestic  loans,  ------ 

3.  On  foreign  debt,  viz: 

Interest  on  Dutch  debt,  estimated  at  guilders,  657,850 

Premiums,  -  -  -  -  "  17,500 

Commissions  and  charges,  estimated  at  -  9,000 

GuUders,  684,350 

at  40  cents,  $273,740  00 
Interest  on  Louisiana  stock,  from  20th  to  31st  Decem- 
ber. 1603, 22,191  73 

Do.  from  1st  January  to  1st  July,  1804,  -       337,500  00 

359,691   75 

Commissions  to  agents  for  purchasing  b'lls,  -  -  6,863  01 


1,290,595  15 

250,000  00 

653  37 


1,664,000  00 


3,305,911  25 
60,593  68 


640,294  76 


3,205,248  53 


4,006,799  69 
$7,212,048  21 


1805.]  THE    SINKING   FUND.  Igj 


An  estimate  of  the  funds  provided  before  the  1st  January,  1805,  for  the  payment  of  the  principal  and  interest  of 
the  public  debt,  which,  being  unexpended  on  that  day,  are  considered  as  applicable  to  payments  falling  due  after 
the  year  1804. 

1st.  On  account  of  the  foreign  debt: 

Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  Dec.  31.  1803,  per  statement  K.  -         $848,705  14 

Remittances  to  Europe  outstanding  on  31st  December,  1803,  as  per        ditto.  -  -  -  292,153  73 

The  bills  and  remittances  made  duiing  tlie  year  1804  are,  as  per  statement  D,  as  follow,  viz: 

Remittances  in  guilders  to  Amsterdam  and  Antwerp,  guilders,  7,534,849.18,  at  40  cents,     -  -        3.013,939  9G 

Remittances  in  sterling,  d681, 151  11  09,  at  4s.  Grf.  per  dollar,  .  -  .  .  .  360,673  72 


Total  to  be  accounted  for,  -  -  .  .      $4,515,472  55 

The  amount  applied  during  the  year  1804,  per  estimate  F,  has  been,  for  principal,  $1,664,000  00 

Interest  and  charges,        ---------  633,431  75 

2,297,431   75 


The  balance  in  hands  of  commissioners  and  agents  in  Europe,  or  in  remittances  outstanding,  may. 

therefore,  be  estimated,  on  31st  December,  1804,  at         -  -            -            -  -            -        $2,218,040  80 

The  amount  of  protested  bills  outstanding  on  the  same  day,  was  as  follows: 

fPrager's  bill,                 -             -            -             .  Guilders.  120.000  $48,000"^  ^ 

Purchased  before  J  Brown's  bill,                -            -            -            -                       60,000  24.000 1  ■  = 

and  in  1802.       ]  Brown  and  Hackman's  bill,                -            -                       60,000  24,000  f  * 

LOwing's  bill,     -----                       20,000  8,000J  ^ 


104,000  00 


2,-322,040  80 


2d.  From  which  deduct,  on  account  of  domestic  funded  debt,  for  unclaimed  dividends  demandable 
at  the  treasury,  and  not  yet  advanced  to  the  bank  for  payment  to  the  creditors,  estimated  at  -  1,504  21 

$2,320,536  59 

RECAPITULATION. 

The  provision  applicable  to  1805,  per  the  foregoing,  _-.--.         $2,320,536  59 

Applied  during  the  year  1804,  per  estimate  F,  ------  -  7,212,048  21 

Repayments  in  the  treasury  in  1804,  per  statement  E,  (for  principal)         -  -  -  .  121,446  51 

$9.654,031  31 

The  balance  remaining  unexpended  31st  December,  1803,  per  statement  B.  was  -  -         $1,349,136  51 

Disbursements  during  tiie  year  1804,  per  statement  C,         -  -  -  -  -  -  8,259,845  55 

Profit  in  exchange  in  the  year  1804,  per  statement  D,  -  ■  -  •  -  -  45,049  25 


3,654,031  31 


132 


FINANCE. 


[1805. 


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he  State  of  Pennsylvania, 

iiated  prior  to  the  present  i 
ilitary  officers, 

and  supplies  furnished,  pi 
tion  of  tie  public  debt,  be 
3  the  commissioners  of  the 
unts  for  1795,  page  72,     - 

of  12th  June,  1798, 

ent  certificates,  per  act  of 

s  of  Congress,  and  receive 

irsed  to  31st  December,  18 

o  r'SbS  S  §-*^  S  o  £  u     ^ 
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and  on  Lake  Erie,  sol 
debts  due  to  foreign  o 
■ertain  balances  whicl 
f  commutation  by  sun 
om  specie  paid  lor  sei 
the  trustees  for  the  re 
per  cent,  stock,  remi 
s  in  the  printed  publi( 
the  registered  debt,  p 
loan  office  and  final  se 
ands  sold  under  certa 
■,  and  2d  March,  1799 
ents  of  foreign  debt,  i 

In  payment  of  1 

In  discharge  of 

In  payment  oft 

In  repayment  o 

Stock  arising  fr 

Transferred  to 

$660,000  six 

stock  appear 

In  discharge  of 

In  discharge  of 

In  payment  of  1 

March,  1797 

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1805.]  _        DUTIES    AND    DRAWBACKS.  I33 

I. 

Statement  of  moneys  arising  from  interest  on  stock  transferred  to  the  United  States,  being  the  amount  drawn  by 
the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  pursuant  to  the  act  of  8th  May,  1792,  ana 
agreeably  to  a  statement  rnadc  at  the  treasury.  No.  16,160,  dated  25lh  Janua)-y,  1805. 

1804,  March  28th,  warrant  No.  4,663,          .....  $91,460  53 

"  June  27th,  warrant.  No.  4.932,            .....  91,49579 

"  September  27th,  warrant  No.  5,163,               ....  91,581  45 

"  December  29th,  warrant  No.  5,407,               ....  91,68573 

$366,223  50 


Tre.\sury  Department,  Register's  Office,  February  \st,  1805. 

JOSEPH  NCn^RSE,  Register. 

K. 

Statement  of  moneys  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  in  the  year  1804, 
being  an  account  of  moneys  received  into  the  treasury  from  sales  of  public  hmds,  pursucmt  to  the  act  of  "id 
March,  1795,  cmd  agreeably  to  a  statement  made  at  the  treasury,  No.  16,160,  dated  'iHth  January,  1805. 

1804,  December  29,  warrant  No.  5,406.        .....         $324,021  66 

Treasury  Departiuent,  Register'' s  Office,  February  1st,  1805. 

JOSEPH  NOURSE,  Register. 


8th  Congress.]  No.  230.  [2d  Session. 


DRAWBACK. 

communicated  to  the  house  of  representatives,  FEBRUARY  15,  1805. 

Mr.  Crowxinshield,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  refeired  the  memorial  of 
Stephen  Kingston,  of  the  city  of  Philadelphia,  merchant,  made  the  following  leport: 

Stephen  Kingston,  the  memorialist,  on  the  22d  and  23d  of  July,  1801,  entered  outwards,  at  the  custom  house  of 
Philadelphia,  took  out  a  regular  permit,  and  actually  shipped  on  board  the  United  States*  frigate  George  Washing- 
ton, Captain  John  Shaw,  then  destined  for  Algiers,  three  bales  of  cinnamon,  fitteen  bales  of  India  goods,  and  eleven 
hogsheads  of  loaf  sugar,  for  benefit  of  drawback  and  bounty. 

All  the  proceedings  at  the  custom  house,  previous  to  the  shipment,  appear  to  have  been  perfectly  regular.  The 
articles  were  entered  outwards,  in  the  usual  manner,  and  an  inspector  attended  to  their  delivery  on  board  the  lighter, 
and,  so  far  as  the  committee  can  discover,  the  memorialist  was  willing  to  comply  with  every  requisite  formality  at 
the  custom  house,  which  was  enjoined  by  the  laws:  yet.  it  is  proved  to  your  committee,  that  an  error  was  com- 
mitted by  the  inspector,  in  exportin,^  tlie  merchandise.  The  George  Washington  was  preparing  to  get  under  way, 
and  proceed  down  the  Delaware,  when  the  lighter  came  alongside,  and  the  captain  being  of  opinion  that  the  ship 
■would  draw  too  much  water  to  pass  the  bar  in  the  river,  if  the  articles  were  then  received  on  board,  ordered  the 
lighter  to  follow  the  ship,  and  they  were  taken  in  below  the  bar,  and  at  some  distance  out  of  the  Philadelphia  district. 

In  the  case  under  consideration,  the  articles  would  have  been  liable  to  seizure  and  confiscation,  if  they  liad  been 
relanded  in  Philadelphia,  without  permission  from  the  collector.  The  exporter,  therefore,  was.  in  some  measure, 
compelled  to  ship  them  on  the  George  Washington;  and  in  doing  this,  he  appears  to  have  pursued  a  safe  and  prudent 
line  of  conduct:  for.  if  he  had  peremptorily  ordered  the  lighter  to  return  to  Philadelphia,  with  her  loading,  he  might 
have  exposed  himself  to  a  prosecution  for  an  attempt  to  commit  a  fraud  on  the  revenue;  and  his  property  to  almost 
certain  confiscation.  Although  it  is  understood  that  permission  was  granted  in  this  case,  the  committee  are  of  opi- 
nion that  our  public  vessels  ought  not  to  be  permitted  to  carry  merchandise  for  account  of  private  individuals:  but 
as  no  prohibition  then  existed  to  prevent  similar  shipments,  the  George  Washington  having  been  permitted  to  clear 
out  in  the  usual  manner,  it  is  conceived  that  the  exporter  ought  not  to  lose  the  drawback,  merely  because  the  arti- 
cles were  exported  in  a  national  vessel.  On  the  whole,  the  exporter  having  complied  with  the  existing  regulations 
of  the  custom  house,  previous  to  the  delivery  of  the  merchandise  on  board  the  lighter,  and  it  not  appearing  that  the 
deviation  from  the  ordinary  course  \yhich  was  subsequently  committed,  proceeded  from  his  fault  or  neglect,  the 
committee  are  impressed  with  an  opinion,  (the  irregularity,  too,  being  committed  by  a  captain  in  the  service  of  the 
United  States)  tliat  the  memorialist  has  an  equitable  claim  upon  the  Government  for  the  drawback  and  bounty 
arising  on  the  exportation  of  the  articles  mentioned  in  his  memorial,  upon  the  proof  being  exhibited  to  the  Secretary 
of  the  Treasury  that  the  same  were  actually  landed  out  of  the  limits  of  the  United  States;  and  the  committee  sub- 
mit the  following  resolution: 

Resolved,  That  the  prayer  of  the  memorial  of  Stephen  Kingston  is  reasonable  and  ought  to  be  granted. 


8th  Congress.]  '  No.  231.  [2d  Session. 


DUTIES    AND    DRAWBACKS. 

COMM0NIC.\TED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  20,  1805. 

Treasury  Department,  February  20,  1805. 
Sir: 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  ;ind  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1801,  1802,  and  1803. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives. 
18  tt 


134 


FINANCE. 


[1805. 


A  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1801,  1802,  and  1803,  compared  with  the  amount.of  Duties  collected  on  the  same,  respectively. 


IS  THE  TEAR  1801. 

IN  THE  TEAR  1802. 

IN  THE  TEAR  1803. 

SPECIES  OF  MEKCHAXDISE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Mercliandise — 

Dolls. 

Odlls. 

Dolls. 

Dolls. 

Dolls. 

Dolls. 

Paviiiga  duty  of  10  pei'ceiit.  ad  val. 

2,339 

8,444 

"Do                11              do 

3,659 

10,331 

Do                124            do 

4,738,042 

822,263 

3,318,075 

513,459 

3,399,781 

243,765 

Do               131            do 

688,854 

231,835 

270,171 

99,808 

185,568 

24,757 

Do                15              do 

1,397,95^, 

164,973 

1,170,338 

67,635 

1,104,355 

25,005 

Do                16^            do 

122,720 

25,443 

102,604 

8,561 

68,634 

4,216 

Do               20              do 

91,047 

7,159 

73,125 

6,010 

67,857 

1,309 

Do               22              do 

23,232 

3,942 

25,798 

2,092 

13,126 

870 

Do               40              do 

62 

3,593 

- 

182 

Wines,  Madeira,        -             -            - 

155,124 

12,202 

145,741 

12,864 

196,857 

19,934 

Burgundy  and  Cliampaigne,  - 

2,167 

337 

2,464 

586 

1,868 

138 

Sherry,          -             -             - 

26,239 

342 

268,573 

4,829 

131,358 

5,221 

St.  Lucar,     -            -            - 

138 

- 

650 

-■ 

Lisbon,           -             -             - 
Oporto,         -            -             - 

133,830 
4,140 

2,711 
77 

63,906 
20,515 

767 

I      52,619 

1.410 

■reneriffe  and  Fayal, 
Malaga,          -              -              - 

98,885 
43,206 

26,289 
41,477 

107,318 
71,835 

4,575 

^     120,849 

1,837 

All  otiicr,      -             -             - 

481,803 

394,002 

175,889 

130,639 

246,398 

104,119 

Spirits,  Foreign,  distilled  from  grain,  - 

252,697 

16,357 

237,069 

18,584 

363,802 

19,715 

Do.              from  other  materials. 

2,089,962 

121,879 

2,179,805 

104,068 

2,367,804 

84,961 

Domestic  do.  from  Molasses,    - 

522 

Do.  from  domestic  produce,    - 

24 

54 

87 

Molasses,       -             -             -             - 

299,768 

15,927 

353,431 

1,706 

303,584 

629 

Beer,  Ale,  and  Porter, 

15,917 

3,074 

15,751 

544 

14,919 

201 

Tea,  Bohea,                _            _            _ 

187,071 

68,898 

221,651 

50,047 

453,351 

216,337 

Souchong,           -             -             - 

134,715 

55,913 

117,395 

88,069 

134,792 

90,854 

flyson,  -             -             -             - 

186,334 

96,418 

110,435 

60,903 

96,591 

13,369 

Other  Green,     -             -             - 

248,507 

78,734 

292,488 

139,099 

245,517 

85,809 

Coffee,           _             _             _             - 

2,983,447 

2,439,944 

1,682,439 

1,284,376 

948,672 

499,251 

Cocoa,           _             _             _            - 

173,330 

137,132 

29,526 

28,096 

22,664 

11,755 

Chocolate,     _            -            -            - 

99 

5 

175 

4 

46 

Sugar,  Brown,           _             _             _ 

2,623,647 

1,346,382 

1,821,117 

717,353 

1,969,256 

709,499 

Clayed,            _             _              - 

1,123,594 

1,067,532 

196,581 

252,026 

245,587 

150,639 

Lump,             _            _             _ 

70 

Loaf  and  Candj',           -              - 

1,222 

55 

1,161 

172 

Q     O  ."in 

525 

Other  refined,              -             - 

430 

- 

55 

- 

47 

Candles,  Tallow,       _             -              - 

5,596 

1,856 

1,297 

1,847 

548 

117 

Wax  and  Spermaceti, 

273 

108 

95 

- 

185 

75 

Cheese,         _             _             -             - 

50,344 

43,747 

28,382 

21,056 

9,331 

4,309 

Soap,             _             _             -            - 

38,830 

45,560 

8,906 

11,300 

3,837 

2,981 

Pepper,         _             _             _             - 

289,124 

234,532 

371,505 

335,258 

244,673 

130,246 

Pimento,       _             -             -             - 

15,848 

10,037 

11,523 

2,010 

35,034 

14,042 

Tobacco,  manufactured. 

17,947 

1,147 

22,533 

1,220 

12,417 

60 

Snuff',            _             -            -             _ 

3,048 

3,986 

1,050 

270 

2,125 

1,633 

Indigo,          _            _            _             - 

129,380 

73,723 

78,589 

91,442 

37,321 

3,532 

Cotton,         _            _             -             _ 

129,731 

108,675 

101,699 

93,301 

98,692 

85,028 

Nails,             _             _             -             _ 

73,878 

12,543 

69,250 

6,101 

74,593 

3,063 

Spikes,          _            _            _             _ 

2,877 

67 

3,194 

213 

3,485 

32 

Lead,  Bar  and  other. 

23,034 

3,867 

15,178 

2,629 

26,975 

696 

Steel,  unvvrought,     -            -             - 

15,489 

529 

12,202 

753 

7,811 

48 

Hemp,           -            -            -            - 

81,435 

- 

83,446 

- 

123,217 

Cables,          -             -             -             - 

860 

49 

1,783 

166 

2,839 

Cordage,    Tarred,       -             -             - 

50,900 

5,731 

20,963 

6,935 

15,248 

771 

Do.       Untarred,  and  Yarn, 

3,267 

- 

2,395 

8 

2,350 

Twine  and  Pack-thread, 

7,120 

26  "i 

6,663 

192 

7,940 

11 

Glauber  Salts,             -             _             _ 

2,995 

254 

1,756 

- 

2,388 

4 

Salt,                _             _             _             _ 

686,454 

13,864 

792,838 

6,607 

721,355 

4,561 

Coal,              _             -             _             _ 

31,889 

227 

23,388 

- 

21,957 

298 

Boots,             _             -             -             - 

5,388 

383 

3,663 

230 

3,534 

145 

Shoes  and  Slippers  of  Silk, 

1,022 

757 

2,393 

461 

996 

360 

Do.   all  other,         -              _             _ 

13,559 

839 

11,150 

1,048 

9,067 

329 

Cards,  Wool  and  Cotton,        - 

35 

- 

141 

- 

5 

Do.  Playing,           -             -             _ 

48,939 

52,623 

15,039 

17,155 
>  1 

1,620 

1,347 

Dollars, 

20,064,059 

7,819,093 

14,766,990 

4,197,256 

14,227,778 

2,569.813 

TaEASCKT  Department, 

Register's  Office 

,  February  19, 

1805. 

JOSEI 

'H  NOUKSE, 

Bcgiiier. 

1805.]  COLLECTOR'S    BOND— SURETY    RELEASED.  I35 


8th  Congress.]  •  ]\o.  232.  [2d  Session-. 


C  0  L  L  E  C  T  OR*S  B  0  N  D— S  U  R  E  T  Y  RE  L  E  A  S  E  D. 

COMMUNICATED    TO   THE    HOUSE    OK    REPRESENTATIVES,   JANUARY    -23,    1 805. 

Mr.  Joseph  Clay,  from  the  Committee  of  Ways  and  Means,  to  whom  was  let'ened  the  petition  of  Anthony 
Benezet  and  others,  cliiidren  and  surviving  heirs  of  Daniel  Benezet,  late  of  the  city  of  Philadclpliia,  deceasetl, 
made  the  following  report : 

That  Daniel  Benezet,  the  younger,  brother  to  the  petitioners,  was  appointed,  in  ^Liixh,  1790,  collector  of  the 
port  of  Great  Egg  Harbor,  in  the  State  of  New  Jersey:  Daniel  Benezet  the  elder,  his  father,  became  his  surety 
in  a  bund  for  two  thousand  dollars,  given  for  the  faithful  discharge  of  liis  duties  in  that  office. 

Daniel  Benezet,  the  younger,  rendered  no  account  for  settlement  at  the  treas\iry  subsequent  to  (he  30th  June, 
1791,  although  repeatedly  urged  to  do  it;  he  continued  in  the  office  until  the  7tli  of  March,  1795,  when  he  was 
superseded  by  the  appointment  of  Constant  Somers,  who  had  been  his  deputy. 

Daniel  Benezet,  the  elder,  died  in  April,  1797,  and  his  estate  was  settled  and  divided  among  the  heirs,  of 
whom  Daniel  Benezet,  the  younger,  was  one.  in  the  begiiniing  of  the  year  1798. 

Daniel  Benezet,  the  younger,  received  for  his  share  of  his  father's  estate  a  sum  of  money  amounting  to  more  than 
five  thousand  dollars;  he  died  in  December,  1798,  and  his  estate  was  sold  to  pay  his  debts,  and  finally  settled  in  the 
year  1801,  as  far  as  it  was  in  the  power  of  his  administrators  and  heirs  to  settle  it. 

In  the  year  1803,  seven  years  after  his  dismissal,  his  administrator  was,  for  the  first  time,  applied  to  by  the  Comp- 
troller of  the  Treasury  for  some  books  and  papers,  which,  it  had  been  intimated,  related  to  the  transactions  of  the 
custom  hou^e  of  Great  Egg  Harbor,  \vith  a  request  that  they  might  be  delivered  to  the  then  collector.  This  request 
could  not  be  complied  with,  as  nosucii  books,  and  very  few  and  trifling  papers,  were  in  the  possession  of  the  adminis- 
trator; the  attorney  for  the  district  of  New  Jersey  was  tiien  directeil  to  commence  a  suit  on  the  official  bond;  but 
finding  that  the  parties  interested  all  lived  in  Pennsylvania,  he  gave  notice  of  that  circumstance  to  the  Comptroller, 
upon  which  the  district  attorney  for  Pennsylvania  was,  by  a  letter  bearing  date  the  I2th  of  August,  1803,  directed 
to  institute  a  suit  for  the  recovery  of  the  penalty.  On  the  7th  of  October,  1803,  suit  was  accordingly  brought  against 
the  administrators  of  Daniel  Benezet,  the  elder,  and  judgment  was  entered  by  agreement  in  favor  of  the  United 
States,  for  two  thousand  dollars,  with  a  stay  of  execution  for  six  months.  It  was  also  agreed,  that,  if,  before  the 
expiration  of  that  time,  the  defenilants  could  satisfy  the  Comptroller  that  they  were  entitled  to  be  released,  in 
whole  or  in  part,  IVom  the  amount  of  the  judgment,  it  should  accordingly  be  endorsed  on  the  Comptroller's  certifi- 
cate. The  Complroller  having  no  authority  to  release  any  part  of  the  judgment,  the  petitioners  have  applied  to  Con- 
gress fiir  relief.  By  an  act  of  Congress,  passed  September  Sd,  1789,  it  is  made  the  duty  of  the  Comptroller  to 
'•  provide  for  the  regular  and  punctual  payment  of  all  moneys  which  may  be  collected,"  and  to  "  direct  prosecutions 
for  all  delinquencies  of  officers  of  the  revenue." 

By  an  act  of  Congress,  passed  August  4th,  1790,  it  was  made  the  duty  of  the  collectors,  once  in  every  three 
months,  or  oftener  if  required,  to  tran.-mit  their  accounts  for  settlemeiit. 

Although  Daniel  Benezet,  the  younger,  was  frequently  pressed  to  forward  his  accounts  for  settlement,  and  re- 
fused or  neglected  to  do  so,  and  although  he  was  dismised  from  office,  probably  for  delinquency,  yet  no  steps  were 
taken  to  recover  from  him  the  penalty  of  his  bond,  during  his  life,  nor  from  his  or  his  father's  estate,  until  the  year 
1802,  eleven  years  after  his  appointment,  seven  years  after  his  dismissal,  five  years  after  the  death  of  his  father, 
and  four  years  after  the  final  settlement  and  division  of  his  father's  estate,  and  after  his  own  death. 

Had  any  application  been  made  previously  to  the  settlement  of  either  of  the  estates,  the  penalty  of  the  bond  might 
have  been  recovered  and  paid  out  t)fhiB  own  effects.  But,  from  the  delay,  and  not  to  say  neglect,  of  the  then  Comp- 
troller, no  steps  were  taken  until  the  whole  of  his  pioperty  was  disposed  of,  in  payment  of  his  private  debts. 

\\Tien  it  is  considered  that  policy  has  dictated,  in  all  c'ountries,  a  limitation  of  the  time  in  which  ordinary  debts 
betw'een  individuals  may  be  recovered,  and  that  the  humanity  of  the  Government  has  determined  that  even  penalties 
and  forfeitures,  for  crimes  against  the  revenue  laws,  shall  not  be  iniposed  upon  the  offenders  unless  the  prosecution 
be  had  within  a  limited  time:  and  particularly,  when  it  is  considered  that  statutes  of  limitation  liiive  been  passed, 
to  prevent  the  allowance  of  claims  against  the  United  States,  unless  brought  before  a  certain  period — claiins,  too,  of 
the  most  meritorious  nature — it  is  submitted  to  Congress  whether  a  consistent  i-egard  to  justice  does  not  forljid  the 
rigorous  exaction  of  the  sum  adjudged  against  the  petitioners,  especially  as  the  delay  has  arisen  from  the  negligence 
of  the  officers  of  the  Government.  Your  committee  conceiving  this  case  to  be  extremely  severe,  think  the  petitioners 
entitled  to  the  relief  for  which  they  pray,  and  recommend  the  following  resolution  : 

Resolved,  That  the  prayer  of  the  petitioners  is  reasonable,  and  ought  to  be  granted. 


Treasury  Departmext,  Comptroller's  Office.  February  19,  1805. 

Sir: 

I  have  before  me  your  letter  of  the  loth  instant.    You  would  have  received  an  immediate  answer  but  for  the 
reason  which  I  stated  to  you  yesterday. 

The  late  Daniel  Benezet  was  appointed  collector  for  the  port  of  Great  Egg  Harbor,  in  New  Jersey,  in  the  year 
1790,  and  continued  in  the  office  until  he  was  superseded  by  the  appointment  of  Constant  Somers,  in  consequence 
of  which  the  official  functions  of  Mr.  Benezet  ceased  on  the  7th  day  of  March.  1795. 

It  appears,  from  the  correspondence  of  the  office,  that  Mr.  Benezet  rendered  no  account  for  settlement  at  the 
treasury,  subsequent  to  the  30th  of  June,  1791,  although  repeatedly  urged  to  do  it.  That,  after  his  death,  Anthony 
Benezet,  one  of  the  administrators,  was  requested  to  furnish  books  and  papers,  which,  it  had  been  intimated  to  the 
Comptroller,  were  in  his  possession,  in  order  that  the  accounts  of  the  intestate  might  be  settled.  The  administra- 
tor not  complying,  the  attorney  of  the  United  States  for  the  district  of  New  Jersey  was  directed  by  letter,  bearing 
date  24th  July.  1802,  to  commence  a  suit  on  Mr.  Beiiezet's  official  bond.  Mr.  Maxwell,  the  then  attorney,  finding, 
upon  inquiry,  that  the  parties  interested  all  lived  in  Pennsylvania,  gave  the  information  to  this  Departnient,  upon 
wliich  the  district  attorney  of  Pennsylvania  was  directed,  by  letter  bearing  date  12th  August,  1803,  to  institute  a 
suit  for  the  recovery  of  the  penalty  of  the  official  bond  before  mentioned.  This  has  been  done,  and  a  judgment  re- 
covered, as  stated  by  the  petitioners. 

These  are  all  tlie  facts  which  appear  to  be  material  to  be  stated  for  the  information  of  the  committee. 

The  petition  and  papers  which  accompanied  it  are  returned. 

1  have  the  honor  to  be.  Sir,  with  ereat  respect,  your  obedient  servant, 

G.  DUVALL. 

Joseph  Clay,  Esq. 


jgg  -  '  FINANCE.  [1805. 


8th  Congress.]  No.  233.  [2d    Session. 


MINT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  1,   1805. 

Treasury  Department,  February  ^Ith,  1805. 

•Sir:  ' 

I  have  the  honor  to  transmit,  herevi'ith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with 
sundry  statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "An  act  establishing  a  mint,  and  re- 
gulating the  coins  of  the  United  States,"  passed  on  the  2d  of  April,  1792. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Comptroller'' s  Office,  February  '26th,  1805. 

Sir: 

The  statements  marked  A,  B,  C,  D,  and  E,  herewith  laid  before  you.  have  been  prepared  pursuant  to  the 
seventh  section  of  an  act  of  Congress,  of  the  second  of  April,  1793,  entitled  "An  act  establishing  a  mint,  and  regu- 
lating the  coins  of  the  United  States."  They  contain  all  the  information,  relative  to  the  transactions  of  the  mint, 
which  the  settlements  made  at  the  treasury  enable  me  to  gi^  e. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

G.  DUVALL. 
Albert  Gallatin,  Esq.  ^ 


Statement  exhibiting  the  balance  of  gold  and  silver  remaining  in  the  hands  of  the  officers  of  the  Mint,  on  the  2\st 
December,  1803;  the  amount  of  deposites  from  the  1st  January,  to  the  3\st  December,  1804;  the  different  species 
of  coins  made  and  paid  on  account  of  deposites;  allowance  for  wastage;  and  thebcdance  remaining  inthehands 
of  the  officers  of  the  Mint  on  the  said  3\st  of  December,  1804,  to  be  accounted  for  on  a  future  settlement. 

Oz.  dwt.   gr.       Dolls,    cts. 
Gold  remaining  in  the  hands  of  the  officers  of  the  mint,  on  the  31st  Dec.  1803,  138  13     9=    2,464  60.5 

Do.  deposited  from  the  1st  January,  to  the  31st  December,  1804,     .  .  .         14,499    9  15  =257,768  35.5 

14,638     3     0  =260,232  96 


Amount  paid  on  account  of  deposites  of  gold,  from  the  1st  January  to  the  31st  December,  1804,  $240,490  16.5 

Add  balance  of  gold  coins  remaining  in  the  hands  of  tiie  treasuier  of  the  mint,  on  the  31st  Dec.  1804,        19,327  42.5 

$259,817  59 
Deduct  this  sum,  being  so  much  of  warrant  No.  4,809,  issued  at  the  Treasury  of  the  United  States, 
to  cover  the  wastage  in  the  coinage  of  gold,  for  the  year  ending  December  31,  1804,  $886  34.5 

Also  this  sum,  being  the  balance  of  gold  coins  remaining  in  the  hands  of  the  treasurer  of 

the  mint,  on  the  31st  December.  1803,  ......  288  74.5 

1,175  09 

^  oz.   dwt.  gT. 

Gold  coins  made  from  the  1st  January  to  31st  December,  1804,  viz:  eagles.  9,795,  half 

eagles,  30,475,  and  one-fourth  eagles,  3,327;  weight  and  value,        .  .  .     14,548  12  19  =258,643  50 

Balance  of  gold  bullion,  &c.  in  the  Iu7nds  of  the  officers  of  the  mint,  on  the  31st  De- 
cember, 1804,  .  .  .  .  .  .  .  .  .  28  18  14  =         513  46.5 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  gold,  from  the  1st 

January  to  the  31st  December,  1804, 60  1115=    1,076  99.5 

As  above,  .     14,638  03  00=260,233  96 


Silver  remaining  in  the  hands  of  the  officers  of  the  mint,  on  the  31st  December,  1803,      10,022  00  09  =  11,563  54.5 
Silver  deposited,  from  the  1st  .Tanuary  to  the  31st  December,  1804,      .  .  .     91,504  18  00=105,582  50.5 

101,526   18  09  =117,146  05 


Amount  paid  on  account  of  deposites  of  silver,  from  the  1st  January  to  the  31st  December,  1804,  $104,828  68.5 

Add  balance  of  silver  coins  remaining  in  the  hands  of  the  treasurer  of  the  mint,  31st  Dec.  1804,  426  33 

$105,255  01.5 
Deduct  this  sum,  being   .so  much  of  warrant  No.   4,809,  issued  at  the  treasury  of  the  United 

States,  to  cover  the  wastage  in  tJie  coinage  of  silver,  for  the  year  ending  Dec.  31,  1804,  $386  29.5 
Also  this  sum,  being  the  balance  of  silver  coins  remaining  in  the  hands  of  the  treasurer 

of  the  mint,  on  the  31st  December,  1803,        ......  4, .528  22 

4,914  51.5 

oz.  dwt.  gr. 

Silver  coins  made  from  the  1st  Jan.  to  31st  Dec.  1804,  viz:  dollars.  19,570,  half  dollars, 

156,519,  one-fourth  dollars,  6,7.38,  and  dimes,  8,265;  weight  and  value,  -  86,961   15  08  =100,340  50 

Balance  of  silver  bullion.  &c.  in  the  hands  of  the  officers  of  the  mint,  on  the  31st 

December,  1804,  .  .  .  .  .  .  .  .  14,221   12  09  =  16,409  17 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  silver,  for  the 

year  1804,  .  .  .  .  .  .  .  .  .  343  10  16  =        396  38 


Comptroller's  Oifice,  February  '23d,  1805. 


101,526  18  09  =117,146  05 


ANDREW  ROSS. 


1805.1 


THE    MINT. 


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138  FINANCE.  [1805. 


Suminury  Stntemoit  exhibitinic  the  value  nf  coins  mude  at  the  Mint;  the  amount  ofdisbvr.iements  on  account  of 
the  establishment;  the  amount  allowed  for  wastage:  the  amount  retained  of  deposites;  and  the  amount  gained 
on  the  coinage  of  copper. 

Value  of  soltl,  silver,  and  copper  coins,  made  at  the  mint  to  the  31st  December,  1803,    -  -        $3,931,866  30 

Ditto,    of  gold  coins  made  from  the  1st  January  to  the  31st  December,  1804,  per  statement 

herewith.  -..---.-       258,642  50 

Ditto,    of  silver,  ditto,  ditto,  ditto.  -  -  -  -       100,340  50 

J)itto,    of  copper  coins,  made  and  charged  as  delivered  to  tlie  Treasurer  of  the  United 
States,  from  the    1st  January  to  the  31st  December,  1804,  per  statement  herewith, 
marked  B,  -------  -         11,044  94 

370,027  94 


Total  value  of  gold,  silver,  and  copper  coins.      -  -    $4,301,894  34 


Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December.  1803,  per  report  of  the 
17th  March,   1804,  -  -  -  -  -  -  -  235,205  73.5 

Add  amount  gained  on  the  coinage  of  copper,  per  statement  for  the  year  1804,      -  39,783  80.5 

Deduct  amount  of  wastage,  per  the  above  statement  ti'ansmitted,  -  -  15.730  58.5 

Add  amount  retained  of  deposites,  ditto,  ...  -  3,44324.5 


254,989  54 

13,277  34 

341,712  20 

Add  amount  disbursed  on  account  of  the  establishment,  from  the  1st  January  to  tiie  31st  December, 

1804,  per  statement  herewith,  -  -  -  -  -  -  -  16,234  80 

Add  amount  of  wastage  to  the  31st  December,  1803,  per  statement  furnished  for  the  year 

1804,  -..-...,  15,720  58.5 

Ditto,  from  the  1st  January  to  the  31st  December,  1804,  per  statement  herewith,  marked  A,  1,473  37.5 


Total  amount  of  wastage,  to  the  31st  December,  1804,        -        17,193  96 
Deduct  amount  retained  from  deposites,  per  statement  furnished  for  the  year  1803,  2,443  24.5 
Deduct  amount  retained  fiom  (he  1st  January  to  the  31st  December,  1804,  per 

statement  herewith,  marked  A,        -  -  -  -  -         138  29.0 

2,581   53.5 


14,612  43.5 

273,549  43.5 
Deduct  the  amount  gained  on  copper  coinage  from  the  commencement  of  the  institution  to  the  31st 

December,  1804,  par  statement  herewith,  marked  B,  -  .  .  .  .      31.327  46.5 


Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December.  1801,  including  the  costs 

of  lots,  buildings,  &;c.         "■  -  -  -  -  -  -  "  -      241,221  96.0 


Comptroller's  Office,  February  23d,  1805. 

AND.  ROSS. 


D. 


I 


Statement  of  the  Jlppropriations  made  by  law,  for  the  Mint  establishment,  for  the  year  1804;  with  the  amount  of 
Warrants  draivn  by  the  Secretary  of  the  Treasury,  on  said  appropriations. 

Amount  of  warrants  drawn  on  the  treasurer  in  favor  of  the  mint,  for  the  services  of  tiie  year  1804,        -        36,874  42 
Balance  unexpended  on  1st  January,  1805,  .--..-        52,083  67 


$88,958  09 


Balance  of  the  several  appropriations  for  the  mint  establishment,  unexpended  on  1st  January,  1804,  per 

statement  for  the  preceding  year,  ..._.--        65,713  15 

Appropriated  by  an  act  respectmg  the  mint,  dated  24th  April,  1800,  being  the  amount  of  cents  and  half 

cents,  paid  into  the  Treasury  m  1804,  ......        13,84494 

Ditto,  by  act  making  provision  for  the  support  of  Government  for  the  year  1804,  dated  the  14th  March, 

1804,  ....--.-..  9,400  00 


$88,958  09 


Statement  of  the  appropriations  made  by  law  for  the  payment  of  the  salaries  of  the  officers  and  clerks  of  the  Mint, 

for  the  year  1804. 

Amount  of  warrants  drawn  on  the  Treasurer  of  the  United  States  for  the  salaries  of  the  officers  and  clerks 

of  the  mint,  in  1804,  ........        10,60000 


By  the  act  making  appropriations  for  the  support  of  Government  for  the  year  1804,  passed  the  14th 

March,  1804,  ---..-...      $io,600  00 


1805.]  THE    MINT.  I59 

Statement  of  the  application  of  moneys  advancpd  from  l/if  Trco.siiry  of  the  Ignited  Stales,  for  (he  support  of  the 

Mint  esta/i/ish/nent  during  the  year  1801. 

Balance  due  the  treasure!"  of  the  niiut,  on  1st  January,  1K04,  as  per  statement  loi'  tlie  preceding  year,  0,390  i>'> 

Moneys  paid  by  the  treasurer  of  the  mint,  on  wariants  drawn  by  him  on  the  Director,  and  admitted  by 
the  accounting  officer  of  the  tieasury,  on  the  adjustment  of  his  account,  weie  as  follow,  vi/.: 

Incidental  and  ronlingent  expenses  and  repicirs  (f  mint. 

For  $5,62-1  80,  being  the  amount  expeiidcc!  \'w  (iie  rc(iuisitc  rcpaiis,  apparatus,  machines,  wases  of  woric- 
men,  and  other  expenses, 

Paid  iti  the  1st  (piartei-,        -  -         l,'2S.'j  t'r3 

Od      do.  -  -         l,;ilC  35 

.3(1       do.  -  -  I.46G  65 

4th     do.  -  -  1.556   18 


Copper  purchased  for  coinage. 
For  $17,573  28,  being  tlie  amount  ol'  the  costs,  and  charges  foi-  copper  purciiascd  for  coiuisgi': 
45,410  lbs.  purchased  from  1st  October  to  3lsl  December,  1801.         -  -  -         17,15128 

Lesson  a  bill  of  exchange  for  copper  previously  bought  in  1803,         -  -  -  422  09 


5,624  80 


Salaries  of  the  officers  and  clerks  of  the  mint. 

Paid  ill  the  1st  quarter,        -  -        2,650  00 

2d       do.             ■•  2,650  00 

3d       do.              -  -         2.650  00 

!th      do.             -  -         2,650  00 


17,573  37 


U'astage  in  the  coinage  of  gold  and  silvei 


10.600  00 


Applied  to  make  good  deficiency  in  wastage  in  the  coinage  of  gold  and  ^ilve^,  for  the  year  1803,         -  1,272  64 

Balance  to  be  accounted  for  by  the  treasurer  of  the  iiiint,        -----  6,01306 


$47,174  42 


Advanced  f-oni  (lie  treasury  for  the  mint  eslaltlishmea!. 
For  the  salaries  of  the  lifHcers  and  clerks,  ----..         10.60000 

For  the  purchase  of  copper,  and  the  incidental  and  contingent  expenses,  .  -  -        36,874  42 


$47,47  i  42 


Account  of  cents  and  half  cents  paid  iiii;Miie  'iVeasuiy  (4'ihe  I'nited  States,  i)y  tli(>  tre:i'-urero''the  mint, 
in  the  year  1804. 

Paid  in  tiie  1st  quarter,        -  -        3,310  00 

2d         tlo.  -  -         6,330  00 

3d        do.  -  -         1,750  00 

4th      do.  -  -         2,424  94 


ta3.8!4   94 


Treaskuy  Dkfartment,  Register's  Office.  21$/  February.  1805. 

JOSKPM  NOUP.Sfv,  Register. 


140 


FINANCE. 


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J.42  FINANCE.  •       .  [1805. 


9th  Congress.] 


No.  234.  [1st  Session. 


STATE  OF  THE   FINANCES. 

COMMUNICATED   TO    THE    SENATE,    DECEMBER   9,    1805. 

In  obedience  to  the  directions  of  the  act  supplementary  to  the  act,  entitled  "An  act  to  establish  the  Treasury  Depart- 
ment," the  Secretary  of  the  Treasury  respectfully  submits  the  ioUowing  report  and  estmiates: 

REVENUE  AND  RECEIPTS. 
The  nett>evenue,  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  the  year  1801,  amounted 

The  nett  revenue,  arising  from  the  same  source,  which  accrued  during  the  year  IS02, amounted  to  -  10,154,564 

That  which  accrued  during  the  year  1803,  amounted  to        ;       ,        ".        ,      '     ,■         ',  ■  ,  '  11,306,430 

And  that  which  accrued  during  the  year  1804,  amounted,  alter  deducting  that  portion  which  arose 

from  the  additional  duties,  constituting  the  Mediterranean  fund,  as  will  appear  by  tiie  statement 

\   to         -  '  "  "  "  "  "  "  "  "  1-,  672,323 

It'is  ascertained  that  the  nett  revenue  which  has  accrued  during  the  three  first  quarters  of  the  year  1805,  does 

not  fall  short  of  that  of  the  corresponding  quarters  of  the  year  1804.     And  that  branch  of  revenua  may,  exclusively 

of  the  Mediterranean  fund,  be  safely  estimated,  for  the  present,  at  twelve  millions  ot  dollars,  which  is  nearly  the 

average  of  the  two  years  1803  and  1804.  ^  r  ,,      •  n:  •     .i      i 

The  defalcation  which  took  place  in  the  year  1802,  and  the  increase  in  the  next  iollowing  years,  suthciently  show 
that  no  inconsiderable  portion  of  that  branch  of  the  revenue  is  due  to  the  neutrality  ot  the  United  States,  during  the 
continuance  of  war  in  Europe.  Yet,  if  the  revenue  of  1803,  the  only  year  of  European  peace  since  1792.  be  con- 
sidered as  thelbest  basis  on  which  to  form  an  estimate,  this,  with  an  addition  often  per  cent,  on  account  of  the  in- 
crease of  population  for  three  years,  and  of  near  300,000  dollars,  the  computed  revenue  ot  New  Orleans,  will  give  a 
result  of  near  eleven  millions  and  a  half.  The  statement  B  exhibits  in  detail  the  several  species  of  merchandise  and 
other  sources  from  which  that  revenue  was  collected  during  the  year  1804.  ,  ,    ,, 

The  revenue  arising  from  the  sales  of  public  lands  has  been  greater  during  the  year  ending  on  the  30th  Septem- 
ber 1805  than  that  of  any  preceding  year.  It  appears  by  the  statement  C  that,  during  that  period,  besides  145,000 
acres  sold  to  persons  claiming  a  right  of  pre-emption,  474,000  acres  have  been  disposed  of,  at  the  ordinary  sales;  mak- 
in''  altogether,  with  the  preceding  sales,  from  the  time  when  the  land  offices  were  opened  in  1800  and  1801,  an  aggre- 
gate of  near  two  millions  of  acres.  The  actual  payments  bv  purchasers,  which,  during  the  year  ending  on  the  30th 
September  1804,  had  amounted  to  432,000  dollars,  and  had  not.  in  any  one  previous  year,  exceeded  250,000  dollars, 
hav'e  durin°-  the  year  ending  on  the  30th  September.  1805,  amounted  to  575,000  dollars;  of  which  sum  535,000  dol- 
lars were  paid  in  specie,  and  the  residue  in  stock  of  the  public  debt.  The  specie  receipts  from  that  source  may,  for 
the  ensuing  year,  be  sately  estimated  at  five  hundred  thousand  dollars. 

The  receipts  arising  from  the  permanent  revenue  of  the  United  States  may,  therefore,  without  even  including  the 
duties  on  postage  and  other  small  incidental  branches,  be  computed,  for  the  year  1806,  at  twelve  millions  and 
five  hundred  thousand  dollars,  -  -  -  -  -,-..■        $12,500,000 

The  payments  in  the  treasury,  during  the  same  year,  on  account  of  tiie  temporary  loans  constituting 
the  "Mediterranean  fuml"  which  will  have  accnied  to  the  3Ist  day  of  March  next,  are  estimated 
at  nine  hundred  thousand  dollars,  and  about  one  hundred  thousand  may  be  expected  from  the 
arrears  of  internal  duties  and  of  the  direct  tax,  and  from  other  incidental  branches^  making,  for 
temporary  and  incidental  receipts,  one  million  of  dollars,  '  "  ,"  "  1,000,000 

The  balance  of  specie  in  the  treasury,  which,  on  the  30th  day  of  September  last,  amounted  to  4,575, 
654  dollars,  will,  as  the  receipts  and  current  expenditures  of  the  present  quarter  may  be  consi- 
dered as  nearly  equal,  be  diminished  at  the  end  of  this  year,  only  by  the  payments  on  account  of 
the  American  claims  assumed  by  the  convention  with  France:  and  as  the  whole  amount  of  those 
claims  which  remained  unpaid  on  the  30th  day  of  September  last,  will,  in  this  estimate,  be  stated 
amongst  the  expenditures  of  1806,  the  whole  of  the  abovementioned  balance  may  be  added  to  the 
receipts  of  that  year,  viz:      --------  4,575,000 

Making,  in  the  whole,  an  aggregate  of  more  than  eighteen  millions  of  dollars,     -  -  -        $18,075,000 

EXPENDITURES. 

The  expenses  of  the  year  1800.  which  must  be  defrayed  out  of  those  resources,  are,  like  the  revenue,  either  of 
a  permanent  nature  or  temporary.  •  ^    r  ^u    r  ii      •      •. 

The  permanent  expenses  are  estimated  at  11,450,000  dollars,  and  consist  of  the  following  items,  viz: 

1  The  annual  appropriation  of  eight  millions  of  dollars  for  the  payment  of  the  principal  and  interest  of  the  public 

debt,  of  whicli  more  than  4,000,000  dollars  will  be  applicable  to  the  discharge  of  the  principal,  and  the  residue 
to  the  payment  of  interest,  -  -  -  ■■,,•'■,•,■         .       "  $8,000,000 

2  For  the  civil  department  and  all  domestic  expenses  of  a  civil  nature,  including  invalid  pensions, 

the  li'^ht  house  and  mint  establishments,  the  expenses  ot  surveying  public  lands,  the  third  in- 
stalment of  the  loan  due  to  Marylanil,  and  a  sum  of  150,000  dollars,  to  meet  such  miscella- 
neous claims  or  grants  as  may  be  allowed  by  Congress.  -  -  -  -  1,150,000 

3  For  expenses  incident  to  the  intercourse  w  ith  foreign  nations,  including  the  permanent  appropri- 

■       ation  for  Algiers.  -  -  ,:.        ,       "  /  ■  I-       r       "  .  ■    t    "  ^^^'^^^ 

4  For  the  Military  and  Indian  departments,  including  the  permanent  appropriations  for  certain  In- 

dian tribes,  -  -  -  ;..-.,"•         r.i  ".c.,        ,'  1,030.000 

5  For  the  Naval  establishment,  (exclusively  of  deficiencies  for  the  service  of  the  years  1804  and 

1805,  which  are  estimated  at  600,000  dollars)  -  -  -  '    -  -  -  1,070,000 

$11,450,000 
The  extraordinary  demands  for  the  year  1806  amount  to  four  millions  of  dollars,  viz: 
The  navy  deficiencies  for  1804  and  1805,  as  abovementioned.  -  -  -        600,000 

And  the  balance  of  the  American  claims  assumed  by  the  French  convention,  which  re- 
mained unpaid  on  the  30th  September  last,  amounting  to  -  -  -     3,400,000 

4,000,000 

Making,  altogether.  -  -        $15,450,000 

It  appears,  from  the  preceding  statement,  that  the  permanent  revenues  of  the  United  States  will,  during  the  en- 
suing year  exceed  the  permanent  expenditures  by  a  sum  of  more  than  one  million  of  dollars;  and  that  the  moneys 
already  on  hand,  together  with  th»  temporary  resources  of  the  year,  will,  after  leaving  the  sum  which  it  is  always 


1805.]  STATE    OF    THE    FINANCES.  I43 


necessary  to  keep  in  the  treasury,  be  sufficient  to  discharge  the  navy  deficiencies,  and  the  whole  amount  of  the 
claims  assumed  by  the  convention  with  France,  the  large  receipts  oi"  last  year  rendering  it  unnecessary  to  recur 
for  that  object  to  the  loan  authorized  by  the  act  of  the  lOtb  of  November,  1803. 

MEDITERRANEAN  FUND. 

It  appears  by  the  statement  B  that  the  additional  duty  of  two  and  a-half  per  cent,  on  goods  paying  duties  ad 
valorem,  which  constitutes  the  •'Mediterranean  fund,"  amounted,  during  the  six  last  months  of  1801.  to  503,038 
dollars.     And  it  is  ascertained  that  the  amount  of  the  duty  accrued  during  the  year  ending  on  the  30th  day  of  June, 
1805,  was  990,000  dollars.     This  apparent  product  will,  it  is  true,  be  diminished  by  siiljseciuent  exportations;  but  it 
is  believed,  from  a  view  of  the  value  of  the  goods  imported  in  1H03  and  1801,  which  are  charged  with  tiiat  duty,  that 
the  fund  may  be  estimated  as  producing  nearly  $900,000  a  year.    If  that  estimate  be  correct,  the  fund  will  ultin\ately 
produce,  during  the  one  year  and  nine  months  commencing  on  the  1st  day  of  July,  I8O1,  and  ending  on  the  31st  day 
of  March,  180G,         -  -  -  -  -  -  -  -  .'  1,575,000 

The  expenses  heretofore  charged  on  that  fund,  have  been,  viz: 
Paid  in  1801,  to  the  Navy  Department,  uiuler  the  act  constituting  the  fund,  -  5-25,000 

Paid  in  1805,  to  the  said  Department,  by  virtue  of  the  '2d  section  of  the  act  of  25th  Jan.  1805.    590,000 


Making,  altogether,  -.--....  1,115,000 

And  leaving  an  unappropriated  surplus,  estimated  at     -  -  .  _  .  $400,000 

But  which  will  be  more  than  absorbed  by  the  navy  deficiencies  above-mentioned. 

The  moneys  actually  received  or  to  be  received  into  the  treasury,  on  account  of  that  fund,  prior  to  tiie  1st  day 
of  January,  1800,  are  estimated  at  about  $000,000.  The  residue  will  be  received  between  that  day  and  the  31st 
day  of  March,  1807,  and  credit  has  been  taken  for  a  sum  of  $900,000  on  that  account,  in  the  preceding  estimate  of 
the  receipts  of  the  year  1806. 

PUBLIC  DEBT. 

The  payments  on  account  of  the  principal  of  the  public  debt  have,  during  the  year  ending  on  the 
30th  September,  1805,  exceeded  four  millions  three  hundred  and  seventy-seven  thousand  dol- 
lars,as  appears  by  estimate  D.  -  -  -  -  -  -  -       $4,377,898  03 

The  two  last  instalments  due  to  Great  Britain,  and  amounting  to  one  million  seven  hundred  and 

seventy-six  thousand  dollars,  have  also  been  discharged  during  the  same  period,  -  -         1,770,000  00 

Making,  in  tlie  whole,  a  reimbursement  of  more  tiian  six  millions  one  hundred  and  fifty  thousand 

dollars.    -  -  -  -  -  -  -  -  -  -         0,153,898  63 

As  the  exportation  o|  the  specie  necessary  to  discharge  the  last  mentioned  instalment,  would 

iiave  been  sensibly  felt,  it  was  found  eligible  to  pay  it  in  London,  in  conformity  witii  the  authority 

given  by  the  act  of  the  3d  of  March,  1805;  and  the  operation  was  effected  at  par,  by  the  Bank  of 

the  United  States. 

It  appears,  by  the  same  statement  D,  that  the  payments  on  account  of  the  public  debt,  fiomthe 

1st  April,  1801,  to  the  30th  September,  1805,  have  amounted  to  almost  $18,000,000  17.954,790  49 

During  the  same  period  there  have  been  paid  to  Great  Britain,  in  satisfaction  and  discharge  of 

the  money  wiiich  tlie  United  States  might  have  been  liable  to  pay,  in  pursuance  of  tiie  provisions  of 

the  0th  ai'ticle  of  the  treaty  of  1794,         -------        -2,664,00000 

The  balance  in  the  Treasury  amounted,  on  the  1st  day  of  April,  1801,  to        -         1,794,052  59 
And  on  the  30th  day  of  September,  1805,  to        -  -  -  -         4,575.054  37 


Making  an  increase  of        -  -  -  -  2,781,001  78 

From  whicli,  deducting  the  proceeds  of  the  sales  of  the  Bank  shares,  -  1,287.600  00 


Leaves  for  the  increase  arising  from  the  ordinary  revenue,  -  .  .  .  1.494.001  78 


Making,  in  the  whole,  a  difference  of  more  tiian  twenty-two  millions  of  dollars  in  favor  of  the 
United  States,  during  that  period  of  four  years  and  a  half.    -----     $-22,112.79227 


In  order  to  give  a  more  general  and  concise  view  of  the  receipts  and  expenditures  of  the  United  States,  during 
the  four  years,  commencing  on  the  1st  day  of  April,  1801,  and  ending  on  the  31st  day  of  March,  1805,  than  can  be 
derived  from  the  annual  printed  accounts,  a  statement,  marked  H.  and  several  explanatory  statements,  marked 
H  1.  to  H  8,  have  been  atided  to  tliose  which  usually  accompany  this  report. 

From  those  it  appears,  that  a  sum  of  fifty  millions  six  hundr-ed  and  sixty-seven  thousand  four  hundred  and  sixty- 
seven  dollars  and  tour  cents,  has  been  paid  into  the  tr-easury  during  that  period,  viz: 

From  duties  on  tonnage,  and  on  the  importation  of  foreign  meichandise.       -  -  -        45,174,837  22 

Fnmi  all  other  soui-ces,  (including  $1,596,171  43  cents,  arising  from  the  sales  of  Bank  shares 
and  of  public  vessels)  --.---._  5,492,6-39  82 

50.607.467  04 


And  that  the  expenditures,  during  the  same  period,  have  amounted  to  forty-nine  millions  six  hundred  and  sixty- 
five  thousand  five  hundred  and  twenty-seven  dollars  and  fifty-six  cents,  which  have  been  disbursed  for  the  follow- 
ing purposes: 

1.  Less  than  one-third  of  the  whole  has  been  sufficient  to  defray  all  the  cui-rent  expenses  of  the  United  States, 
viz: 

For  the  civil  list,  and  all  domestic  expenses  of  a  civil  nature,  -  -  3,780.114  79 

For  the  military  establishment  and  Indian  department,        -  -  .  4,40.5,192  20 

For  the  naval  establishnient,    -  -  -  -  -  -  4,842,635  15 

For  the  expenses  attending  the  intercourse  with  foreign  nations,  -  -  1,071,437  84 


Amounting,  altogether,  to  -  -  -  -       14,105,380  04 

2.  Near  one-third  was  necessary  to  pay  the  intert^t  on  the  public  debt,  viz:     -  -  -        10,278,700  95 

On  which  subject  it  may  not  be  improper  to  observe,  tliat  a  part  of  that  sum.  amounting  to 
$3,100,000,  was  paid  on  account  of  the  interest  on  the  deferred  stock,  a  charge  which  commenced 
only  in  the  year  1801,  and  was,  therefore,  in  addition  to  the  annual  sum  wanted  before  that  year, 
for  "the  payment  of  interest  on  the  public  debt 

3.  More  than  one-third,  and  which  may  be  considered  as  the  surplus  revenue  of  the  United 
States,  during  that  period,  has  been  applied  towards  the  reimbursement  and  extinguishment  of  the 
debt,  viz: 

On  account  of  the  principal  of  the  public  debt  proper,  -  -  16,317.003  92 

In  paymentof  debts  contracted  before  the  1st  day  of  April,  1801,  and  arising  un- 
der the  British  treaty  and  under  the  French  convention  of  30th  September,  1800,  2,903.782  65 

19,281,146  57 


$49,665,527  56 


144 


FINANCE. 


[1805. 


It  is  sufficiently  evident,  that,  whilst  one-third  of  the  national  revenue  is  necessarily  absorbed  by  the  payment 
of  interest,  a  persevering  application  of  the  resources  afforded  by  seasons  of  peace  and  prosperity,  to  the  discharge 
of  the  principal,  in  the  manner  directed  by  the  Legislature,  is  the  only  eftljctual  mode  by  which  the  United  States 
can  ultimately  obtain  the  full  command  of  their  revenue,  and  the  free  disposal  of  all  their  resources.  Every  year 
produces  a  diminution  of  interest,  and  a  positive  increase  of  revenue.  Four  years  more  will  be  sufficient  to  dis- 
charge, (in  addition  to  the  annual  reimbursements  on  the  six  per  cent,  and  deferred  stocks)  the  remainder  of  the 
Dutch  debt,  and  the  whole  of  the  eight  per  cent.,  navy  six  per  cent.,  five  and  a  half  per  cent,  and  four  and  a  half 
per  cent,  stocks.  As  the  portion  of  the  public  debt  which  shall  then  remain  unpaid,  will  consist  of  the  six  per  cent, 
deferred,  and  Louisiana  stocks,  neither  of  wiiich  can  be  reimbursed,  except  at  the  periods,  and  in  the  proportions 
fixed  by  contract,  and  ot  the  three  per  cent,  stock,  which  its  low  rate  of  interest  will  render  it  ineligible  to  discharge 
at  its  nominal  value,  the  rapidity  of  the  reduction  of  the  debt,  beyond  the  annual  reimbursements  permitted  by  the 
contracts,  will,  after  the  year  1809,  depend  on  the  price  at  which  purchases  may  be  effected.  And,  should  circum- 
stances render  it  eligible,  a  considerable  portion  of  the  revenue  now  appropriated  for  that  purpose,  may  then,  in  con- 
formity with  existing  provisions,  be  applied  to  other  objects. 

All  which  is  respectfully  submitted 


Treasury  Department,  December  9th,  1805. 


ALBERT  GALLATIN,  Secretary  oj  the  Treasury. 


A  statement  exhibithig  the  amount  ofdtities  tvhich  accrued  on  merchandise,  tonnage,  passports,  and  clearances;  of 
debentures  issued  on  the  exportation  of  foreign  merchandise;  of  payments  for  bounties  and  alloumnces,  and  for 
the  expenses  of  collection,  during  the  years  1803  and  1804. 


1803 
1804 


DUTIES  ON 


Merchandise. 


14,249,958  57 
20,372,567  65 


Tonnage. 


Passports 
and  clear- 


166,528  91 
208,730  00 


15,902 
17,334 


Debentui-es 
issued. 


2,569,813 
6,686,483 


Bounties  and 
allowances. 


151,717  86 
192,741   51 


Gross  revenue. 


tl  1,710,858  62 
(a.)  13,719,407  14 


Expenses  of 
collection. 


404,428  40 
484,045  68 


Nett   revenue. 


11,306,430  22 
13,235,361   46 


(a.)  Gross  revenue  for  tiie  year  1804, 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B, 


$13,719,407  14 
14,670  09 

$13,704,737  05 


Statement  of  the  amount  of  .American  and  Foreign  tonnage  employed  in  the  foreign  trade,  for  the  year  1804,  as 

taken  from  the  records  of  the  Treasury. 


American  tonnage  in  foreign  trade,  ...  -  _  . 

Foreign  tonnage,       ---------- 

Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 

Proportion  of  foreign  tonnage  to  the  wholeamount  of  tonnage  employed  in  the  foreign  trade 
of  the  United  States,         --------- 


Tons,  821,962 
122,140 


944,102 


12.9  to  100 


Treasury  Department,  Register's  Office,  December  9th,  1805. 


JOSEPH  NOURSE,  Register. 


B. 

A  statement  exhibiting  the  value  and  quantities,  respectively,  of  merchandise,  on  which  duties  actually  accrued, 
during  the  year  1804,  (consisting  of  the  difference  betioeen  articles  paying  duty,  imported,  and  those  entitled  to 
drau'back,  re-exported)  and,  cdso,  of  the  nett  revenue  which  accrued,  during  that  year,  from  duties  on  merchan- 
dise, tonnage,  passports,  and  clearances. 


Goods  paying  duties  ad  valorem. 


$30,211,367  at  12.^  percent., 
7,641,925  at  15        do. 
425,236  at  20        do. 

-Additional  duty  on 


22,297,845,  at  2:^  per  cent. 


$38,278,528 


fa-J 
(b.) 
(c.) 
(d.) 
(e.) 


Spirits, 
Sugar, 
Salt, 
Wines, 
Teas, 
Coffee, 
Molasses, 
(f)    Allothei 


10,488,696  gallons,  at  29.2cts.  average, 

55,070,013  pounds,  at    2.5  cts.      do.  - 

2,439,241  bushels,  at  20  cts.  do.  - 

3,003,312gallons,  at  31.9cts.  do.  - 

2,423,074  pounds,  at  20  cts.  do.  - 

6,101,191    do.        at    5  cts.  do.  - 

6,535,513  gallons,  at    5  cts.  do.  - 

•  articles,  -               -               -  - 


Deduct  duties  refunded,  and  difference  in  calculation, 

3J  per  cent,  letained  on  drawbacks,  -  _  - 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise, 


$3,776,420  87 
1,146,288  75 
85,047  20 
557,446   12|^,^.; 

$5,565,202  94 

3,061,007  38 
1,382,959  01 

487,848  20 

958,117  79 

485,133  40 

305,059  55 

326,775  65 

488,854  38 


13,060,958  30 
15,448  52 


$13,045,509  78 
245,000  56 
188,162  71 

$13,478,673  05 


1805.] 


STATE   OF    THE    FINANCES. 


145 


Duties  on  tonnage, 
Light  money. 

Duties  on  passports  and  clearances. 

Gross  revenue,  per  statement  A, 
Deduct  expenses  of  collection,    - 


Nett  revenue, 


159,429  84 
49,300  16 


208,730  00 
17,334  00 

13,704,737  05 
484,045  08 

U3,2'20,691   37 


Explanatory  Statements  and  Notes. 

^^'J.y' Additional  duty  of  2^  per  cent.  -  -  .  . 

Sj  per  cent,  retained  on  drawback,      -  -  -  . 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels. 


$557,440   12 
1,710  12 

3,881    77 

$503,038  01 


s.  Grain, 

1st  proof,                 1,083,074 

gallons. 

at  28 

cent 

2d     do.             -           29,812 

do. 

29 

do 

3d     do.             -             4,761 

do. 

31 

do 

4th    do.             -           52,168 

do. 

34 

do. 

5th   do.             -             3,653 

do. 

40 

do 

6th  do.             -                 217 

do. 

50 

do 

Other  materials. 

1st  and  2d  proof,    2,080.319 

do. 

25 

do 

3d                  do.       2,681,848 

do. 

28 

do 

4th                 do.       4,531,991 

do. 

32 

do. 

5th                do.            14,253 

do. 

38 

do. 

10,488,696 

(b.)  Sugar,  brown.    53,828,275  pounds,  at  2i  cents, 
white,         1,241,738     do.  3     do. 


lbs.    55,070,013 


$303,428  72 

8,045  48 

1,475  91 

17,-37   12 

1.461   20 

108  50 

.521,579  75 

750,917  44 

1,450,237   12 

5,416  14 

$3,061,007  38 

$1,345,706  87 
37,252  14 

$1,382,959  01 


(c.)  Salt,  imported,  bushels  of  56  pounds. 

Exported,  ...  .     31^047 

Ar.iount  of  bounties  and  allowances,  $192,741  51, 

reduced  into  bushels  at  the  present  rates,  -  963,708 


3,433,996 


994,755 


Paying  duty,  bushels  of  56  pounds, 

(d.)  Wines,  Madeira,  1st  cjuality, 
2d     do. 
Sherry  and  St.  Lucar, 
Oporto  and  Lisbon, 
Burgundy  and  Champaigne, 
Tenerifte,  Fayal,  and  Malaga, 
Other,  in  bottles. 
Do.  in  casks. 


2,439,241  at  20  cents. 


242,500  gallons,  at  58  cents. 


134,587 

do. 

50 

do 

553,962 

do. 

40 

do. 

254,999 

do. 

30 

do. 

1,766 

do. 

45 

do. 

477,103 

do. 

28 

do. 

82,295 

do. 

35 

do. 

2,256,100 

do. 

23 

do. 

3,003,312 


(e.)  Teas,  Bohea, 

Souchong,    - 
Hyson, 
Other  green. 


428,132  pounds,  at  12  cents, 
912,238    do.  18     do. 

439,196     do.  32     do. 

643,508     do.  20     do. 


2,423,074 


Extra  duty  on  teas  imported  from  other  places  than  India, 


$487,848  20 

$140,650  00 

67,293  50 

221,584  80 

76,499  70 

794  70 

133,588  84 

28,803  25 

288,903  00 

$958,117  79 

$51,375  84 
164,202  84 
140,542  72 
128,701  60 


310  40 


$485,133  40 


14G 


FINANCE. 


[1805. 


Explanatory  Statements  and  Notes — Continued. 


(/.)  All  other  articles,  viz:  Articles  which  paid 
specie  duties  during  the  whole  year. 


aUANTITIES. 


Domestic  spirits  from  domestic  produce, 


Beer,  ale,  and  porter, 
Cocoa,     - 
Chocolate, 
Sugar  candy, 

loaf,  -  -  " 

other  refined, 
Candles,  tallow, 

wax,     -  -  ■ 

Cheese,    -  -  ■  - 

Soap,        -  -  -  ■ 

Pepper,  -  -  - 

Pimento, 
Tobacco,  manufactured. 

Ditto,  other  than  snuft'and  cigars. 
Cigars,     -  -  "  ' 

Snuff,       -  -  -  - 

Ditto,       -  -  -  - 

Indigo,     -  -  "  " 

Cotton,    -  -  -  - 

Nails,      -  -  -  - 

Spikes,     -  -  -  ,         " 

Lead,  and  manufactures  ot  lead. 
Seines,     -  -  -  - 

Cordage,  tarred. 

Ditto, 
Cordage  untarred,  and  yarn, 

Ditto, 
Cables,    -  -  -  - 

Cables,    - 

Steel,       -  -  -  - 

Hemp,     -  -  -  " 

Twine  and  pack  thread, 
Glauber  salts. 

Coal,        -  -  -  - 

Malt,       -  -  -  - 

Boots,      -  -  -  ■ 

Shoes,  of  Silk,    - 

all  other,  for  men  and  women,  do 
all  other,  for  children,     -        do 
Cards,  wool  and  cotton,  -    doxens, 

playing,  -  -  -      packs, 

Articl  es  which  paid  duties  ad  valorem,  be- 
fore 1st  July,  1804,  and  were,  by  act  ol 
March  27, 1804,chargedwithspecieduties 


gallons, 
pounds, 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

M. 
pounds. 

do 

do 

do 

do 

do 

do 

do 

cwt. 

pounds, 

cwt. 
pounds, 
cwt. 
pounds, 

cwt. 

do 

do 

do 
bushels, 

do 


Excess  of  im- 
portation over 
exportation 


pairs, 
do 


Almonds 

Currants, 

Prunes  and  plums, 

Fi^s 

Raisins,  in  jars,  and  Muscadel, 

Ditto,  all  other. 
Tallow,    -  -  - 

Mace,       -  -  " 

Nutmegs, 
Cinnamon, 
Cloves,    - 
Chinese  cassia,    - 
Powder,  hair, 

gun,      - 
Starch,     - 

Glue,        -  -    .        - 

Pewter  plates  and  dishes, 
Anchors  and  sheet  iron. 
Hoop  and  slit 
Quick  silver,        - 
Ochre,  yellow,  in  oil, 

dry,  yellow, 
Spanish  brown, 
White  and  red  lead. 
Fish,  dried, 

pickled,  salmon,    - 
mackerel, 
all  other,  - 
black  quart  bottles, 
window,  - 
Do 
Do 
do 


Glass 


Lime, 


pounds, 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 
•       do 

do 

do 

do 

do 

do 

ilo 

quintals, 

barrels, 

do 

do 
'    groce, 
100  sq.  ft. 

do 

do 
casks. 


Excess  of  ex- 
portation over 
importation. 


115 

120,617 

744,576 

1,380 

3,883 

1,155 

193 

16,217 

4,228 

126,795 

563,922 

307,736 

103,362 

39,346 

9,072 

6,525 

685 

2,853 

139,374 

3,819,198 

275,934 

3,784,036 

4,069 

331,671 

507 

73,225 

30 

51,877 

10,198 

81,358 

2,667 

667 

281,269 

6 

3,382 

4,741 

44,844 

9,248 

38 

2,389 


53,252 

12,534 

81,990 

7,407 

140,523 

12,672 

395,650 

708 

9,101 

3,104 

4,135 

39,388 

481 

257,667 

4,725 

17,859 

49,116 

278,642 

15,355 

2,259 

17,032 

146,039 

143,265 

877,642 

39,710 

5,266 

8,285 

6,297 

8,286 

7,155 

904 

1,118 

259 


Kate  of 

duty. 


43,296 


403 


Cents. 


Excess  of 

duties  over 
drawback. 


7 
8 
2 
3 
Hi 
9 

6d 

2 

6 

7 

2 

6 

4 
10 

6 

200 

22 

10 

25 

3 

o 

1 
1 
4 

180 
2 

225 
2i 

180^ 

2 

100 

100 

400 

200 

5 

10 

75 

25 

15 

10 

50 

25 


2 
2 
2 

2 

2 

u 
1^ 

125 
50 
20 
20 

4 

4 

4 

3 

4 

4 

U 
1 
6 
U 
1 
1 
2 
50 

loo 

00 

40 

60 

160 

175 

225 

50 


9,649 

14,891 

41 

446 

103 

12 

324 

253 

8,875 

11,278 

18,464 

4,134 

3,934 

544 

13.050 

150 

285 

34,843 

76,383 

2,759 

37,840 

162 

6,633 

1,140 

1,830 

54 

1,037 

10,198 

81,358 

10,668 

1,354 

14,063 

2,536 
1,185 
6,726 

924 
19 

597 


05 
36 
52 
40 
55 
95 
54 
34 
68 
65 
44 
16 
48 
60 
32 
00 
70 
30 
50 

96 
34 
36 
76 

42 
75 
62 
00 
54 
00 
00 
00 
00 
45 
60 
50 
25 
60 
80 
00 
25 


Excess  of 
drawback 
over  duties 


1,298  88 


725  40 


$378,766  74 


1,065  04 
250  68 

1,639  SO 
148  14 

2,850  46 
190  08 

5,934  75 
885  00 

4,550  50 
620  80 
827  00 

1,575  52 

19  24 

10,306 

141 

714  36 

1,964  64 

4,179  63 
153  55 
135  54 
255  48 

1,460  39 

1,432  65 
17,552  84 
19,855  00 

5,266  00 

4,971 


68 
75 


2,024  28 


376,742  46 


00 


2,518  SO 


4,971 

11,448  00 

1,582  00 

2,515  50 

129  50 


Dolls. 


112,111   92 


488,854  38 


Treasury  Department,  Begister^s  Office,  December  9, 1805. 


JOSEPH  NOURSE,  Register. 


1805.] 


STATE  OF  THE   FINANCES. 


147 


.& 


•S^ 


s 
s 
o 


B 

o 

i»Il 

o 
on 

ff 

5^ 

•.^ 

«.> 

>n 

o 

<-> 

00 

55.2 


O    O 
CO  tt 


S   '5 


s 

4 

^ 

=s 

%> 

•!?•» 

irt 

IJ 

•p* 

r-» 

%1 

=»i 

'< 

-o 

■2-2 

00    ^ 


■^  s 


a 


■^ 


!3 


Total    balance 
due   1st  Octo- 
ber, 1805. 

$65,848  45i 

26,520  83 
616,669  961 
536,990  02 
1,077,720  69 

CO 

a> 
■* 

CO 
CO 

of 

o 

00 

^- 

I— < 

o 

K 
D 

a 

u 
o 
z 
<i 

< 
n 

2 
i> 

o 
K 

M 

$5,383  42 
3,467  30 
58,901   47| 
100,664  65 
61,027  26| 

T— * 

O 

$60,465  03| 

23,053  53 
5.57,768  49^ 
436,325  37 
1,016,693  421 

lO 

00 

o 

CO 

-!• 
CD 
O 

C5 

PAYMENTS   BY  RECEIVERS. 

li 

$133  50 
1,179  43i 
2,470  02 
219  98 

-Id 
CO 
05 

OQ 

o 
o 

t-    en 
C4     C 

$1,699  12i 
525  04 
7,598  86^ 
5,631  76 
5,277  14| 

«lc* 
CO 
OJ 

CO 

O 

c 

$15,526  Q\\ 

5,012  04 
262,005  72 
165,574  89 
227,735  66| 

CO 
CO 

o 

00 

in" 

CO 

a: 
u     • 

C  ►J 

•A    < 

ss 

>  3 

m   - 

3S 

On  account 
of  forfeit- 
ures. 

$42  38 

223  06^ 
111  86 

725  68 

-Id 

00 

■* 

O! 

o 

On  account  of 
purchase. 

— c  lO  CT  CD  CT 

-*  0>  CO  CO  LO 

O  -I'  O  >n  -CH 

en  -f  CO  CO  c! 
(>)  CO  —  irt^oo^ 
co"  -t  t~^  CO  — ' 
—           —   t^  CO 
«&        CT  -<  — 

00 

00 

05 

in 
00 

in 
t^ 

in 

Due  by  indivi- 
duals,   1st  of 
Oct.  1804. 

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FINANCE. 


[1805. 


Statement  C — Continued. 
Estimate  showing  tvhen  the  instalments  which  compose  the  balance  due  from  individuals  will  become  payable. 


OFFICES. 

Remaining  due 
in  1805. 

Becoming  due 
in  1806. 

Becoming  due 
in  1807. 

Becoming  due 
in  1808. 

Becoming  due 
in  1809. 

TOTAL. 

Zanesville, 
Marietta, 
Steubenville,    - 
Chillicothe,     - 
Cincinnati, 

5,334   165 

39,805  174 

73,233  15; 

266,426  62i 

8,437  79| 
6,002  40| 

168,004  08^ 
97,093  53| 

222,531   37| 

20,291  875 

5,673  794 

165,808  OI5 

123,260  394 

245,003  798 

20,291   87g 

4,900  65| 

123,927  36 

100,924  95i 

215,120  21| 

11,443  49^ 
1,142  51 
60,233  86 
41,813  33J 
67,611  41 

$60,465  03| 
23,053  53 
557,768  49^ 
430,325  37 
1,016,693  42i 

384,799  llf 

502,069  201 

560,037  86| 

465,165  05| 

182,234  60| 

2,094,305  85 

The  instalments  represented  as  becoming  due  at  Cincinnati,  are  calculated  upon  the  same  principle  as  those 
accruing  from  ordinary  sales  of  land;  but  a  portion  of  them,  estimated  at  $360,000,  arising  from  the  sales  of  pre- 
emption lands,  has,  by  the  provisions  of  the  8th  section  of  the  act  of  Maich  26th,  1804,  been  made  payable  in  six 
annual  instalments,  commencing  on  the  1st  day  of  January,  1807. 


Treasury  Department,  Register's  Office,  December  9,  1805. 


JOSEPH  NOURSE,  Register. 


D. 


An  estimate  of  the  principal  redeemed  of  the  debt  of  the  United  States,  from  the  1st  October,  1804,  to  theSCth  Sep 
temher,  1805,  inclusive;  shotving,  also,  the  redemption  of  the  principal  of  the  said  debt,  from  1st  April,  1801,  tt 
the  30th  September,  1805. 


to 


On  account  of  the  domestic  debt. 

The  amount  of  warrants  issued  on  the  treasury  of  the  United 
States,  according  to  the  quarter  yearly  statement  cf  receipts 
and  expenditures,  from  1st  October,  1804,  to  30th  Sep- 
tember, 1805,  exclusive  of  $560  02,  repaid  into  the  trea- 
sury, was  -  -  -.  -  $4,730,156  68 

Deduct  interest  which  accrued  during  the  same 
period,  calculated  quarter  yearly,        -  3,245,743  96 

Payments  made  in  certificates  of  the  debt  of  the  United 
States,  on  account  of  lands  purchased,       -  - 

Payments  made  to  foreign  officers,  and  for  certain  parts  of 
the  domestic  debt,  -  - 

Payments  on  account  of  domestic  loans, 

On  account  of  the  foreign  debt. 

The  amount  of  warrants  issued  on  the  treasurer,  exclusive 
of  $4,458  74.  the  commission  to  agents  purchasing  bills  of 
exchange,  was  -  -  -  -  $2,627,067  93 

Deduct  interest  accruing  thereon,  viz: 

On  the  Dutch  debt.  Including  commissions  and 
charges,  -  -  -         179,667  76 

On  theTiOuisiana  six  per  cent,  stock, 


Redemption  from 
1st  Oct.  1804,  to 
30th  of  Septem- 
ber, 1805. 


including  commissions, 


Deduct  gain  on  exchange. 


678,375  00 

858,042  76 
134,876  85 


723,165  91 


1,474,412  72 

41,471  68 

8,112  21 
950,000  00 


1,903,902  02 


4,377,898  63 


Redemption  from  1st 
April,  1801.  to  30th 
September,  1804,  as 
per  statement  re- 
ferred to  in  the  Sec- 
retary's report  of 
19th  Nov.  1804. 


3,683,190^44 

53,146  13 

65,997  03 
2,490,000  00 


7,284,558  26 


13,576,891  86 


Total  principal 
redeemed,  from 
1st  April,  1801, 
to   30th   Sept. 
1805. 


5,157,603   16 

94,617  81 

74,109  24 
3,440,000  00 


9,188,460  28 


17,954,790  49 


Treasury  Department,  Register's  Office,  December  9th,  1805. 


JOSEPH  NOURSE,  Register. 


1805.] 


STATE    OF  THE  FINANCES. 


149 


E. 

Statement  exhibiting  the  amount  of  duties  fvhich  accrued  on  7nerchandi.se,  tonnage,  passports,  and  clearances,  of 
debentures  issued  on  the  exportation  of  foreign  merchandise,  of  payments  for  bounties  and  allowances,  arid 
for  expenses  of  collection,  duritig  the  year  1801. 


DUTIES  ON 

Debentures 
issued. 

Drawback, 

bounties,  and 

allowances. 

Gross  revenue. 

Expenses  of 
collection. 

Nett  revenue. 

Merchandise. 

Toniiag'e. 

Passports  & 
clearances. 

20,216,347  49 

172,826  29 

17,756 

7,819,093 

116,002  36 

(«)  12, 47 1,83  4  42 

451,555   15 

12,020,279  27 

(«)Gross  revenue  for  the  year  1801, 
Deduct  interest. 

Gross  revenue,  per  statement  B, 


$12,471,834  42 
19,863  38 

.$12,451,971   04 


Treasury  Department,  Register's  Office,  December  6th,  1805. 


JOSEPH  NOURSE,  Register. 


Statement  exhibiting  the  value  and  (ivantities,  respectively,  of  rnerchmulise  on  which  duties  actmdly  accrued, 
during  the  year  1801,  consisting  of  the  difference  between  articles  paying  duty,  imported,  and  those  entitled  to 
draivback,  re-exported;  and,  also,  of  the  nett  revenue  u'hich  accrued  during  that  year,  from  duties  on  merchan- 
dise, tonnage,  passports,  and  clearances. 


Goods  paying'  duties  ad  valorem. 

Dolls.     Cts. 

Dolls.     Cts. 

$34,227,844  at  12^  per  cent.     ------ 

8,815,170  at  15        do.           ---... 
504,570  at  20         do.            -----              - 

- 

- 

4,275,980  50 

1,322,275  50 

100,914  00 

$43,527,584 

{a. )  Spirits,     7,608,563  gallons,  at  29.2  average. 

(6.)  Sugar,    47,882,376  pounds,  at  2.T  cents  average, 

(c.)  Salt,         -J.SSl, 803  bushels,  at  20  cents, 

((/.)  Wines,    1,223,721  gallons,  at  35  cents  average. 

(e.)  Teas,       2,669,831  pounds,  at  18.2  cents  average, 

Coftee,         8,471,396  pounds,  at  5  cents,   -            -            -            . 
(/.)  Molasses,  5,447,545  gallons,  at  5  cents,  -            -            -            - 
Ig.)  All  other  articles,             ---.... 

5,699,170  00 
2,221,064  36 
1,199,384  29 
576,360  60 
428,411   01 
484,636   12 
423,569  80 
272,377  25 
432,124  03 

Deduct  amount  of  duties  refunded.     -            -                        -            . 

11,737,097  46 
37,773  03 

11,699,324  43 
305,825  86 
256,238  46 

3|  per  cent,  retained  on  drawbacks,    ----.. 
Extra  duty  of  ten  per  cent,  on  merchandise  imported  in  foreign  vessels, 

- 

Nett  amount  of  duties  on  merchandise,           .            -            .            . 
Duties  on  tonnage,        .--.--. 
Duties  on  passports  and  clearances,     ----- 

12,261,388  75 

172,826  29 

17,756  00 

Gross  revenue,  per  statement  .\,         - 

Deduct  expenses  of  collection,            --..-_ 

12,451,971  04 
451,555   15 

Nett  revenue,   -------- 

$12,000,415  89 

E.rplanatory  Statements  and  Notes. 


(a.)  Spirits — Grain, 

1st 

proof,    716,817 

gallons,  < 

it  28  cent 

2d 

do        86,370 

do 

29    do 

3d 

do           9,095 

do 

31     do 

4th 

do        61,637 

do 

34    do 

Other  materials, 

1st  and 

2d     do    1,391,919 

do 

25    do 

3d 

do   2,724,308 

do 

28    do 

4th 

do    3,099,911 

do 

32     do 

5th 

do         35,326 

do 

38     do 

6th 

do              336 

do 
gallons. 

46    do 

Imported . 

-      8,125,719 

_ 

Exported, 

- 

517,156 

» 

- 

Consumed,    - 

-      7,608,563 

- 

(6.)  Sugar — Brown, 

. 

-    47,417,397  lbs.  at  2, 

cents, 

\\  hite, 

- 

464,979 

do  at  3 

do 

47,882,376 

- 

- 

$200,708  76 

25,047  30 

2,819  45 

20,956  58 

347,979  75 

762,806  24 

991,971   52 

13,423  88 

154  56 

S2,365,868  04 
144,803  68 

2,221.064  36 

1,185,434  92 
13,949  37 

51,199,384  29 


20 


tt 


150 


FINANCE. 


[1805. 


(f .)  Salt— Imported  bushels,  of  56  lbs. 
Exported,      -  ',    „      ' 

Amount  of  bounty  and  allow- 
ances, 103,435  92,  reduced 
into  bushels  at  the  present 
rates,  -  -  " 

Paying  duty,  bushels  of  56  lbs. 

(rf.^Wines— Madeira,  1st  quality,      - 
Do         2d     do 
Sherry  and  St.  Lucar, 
Oporto  and  Lisbon, 
Burgundy  and  Champaigne, 


72,021 


517,180 


3,471,004 


589,201 


2,881,803  at  20  cents, 


Tenerifie,  Fayal,  &  Malaga,    252,545 
All  other,  in  bottles 
Do     in  casks, 


174,548  gallons,  at  58  cents, 

80,150 

62,181 

450,080 

3,863 


72,245 
128,109 

1.223,721 


do 
do 
do 
do 
do 
do 
do 


50  do 

40  do  - 

30  do  - 

45  do  - 

28  do  - 

35  do  - 

23  do  - 


(e.)Teas — Bohea, 

Souchong,         -  -  - 

Hyson, 
Other  green. 

Extra  duty  on  teas  imported  from 
other  places  than  India, 


1,032,486  pounds,  at  12  cents, 


488,311 
306,139 

842,895 


do 
do 
do 


18  do  - 
32  do  - 
20    do     - 


(/.)  Molasses — Imported, 
Exported, 
Spirits  distilled, 


2,669,831 


gals.  330,951 
1,778,299 


Molasses  consumed,      -  -  -  - 

Spirits  distilled,  -  -.  1,778,299 

$37,699  37   drawback    on    spirits  ex- 
ported, reduced  into  gallons,  at  15  cts.    251,329 

Spirits  consumed,  .  .  .  - 

Total  molasses  and  spirits  consumed. 


6,029,825  gallons. 


3,109,250 
3,920,575 


1,526,970 


5,447,545  gallons,  at  5  cents, 


576,360  60 

101,237  84 
40,075  00 
24,872  40 

135,024  00 

1,738  35 

70,712  60 

25,285  75 

29,465  07 

$428,411  01 

123,898  32 
87,895  98 
97,964  48 

168,579  00 

6,298  34 
$484,636  12 


$272,377  25 


(g-.)  ALl  OTHER  AHTICLES. 


Excess  of  im- 
portation over 
exportation. 


Beer,  ale,  and  porter,  gallons. 

Cocoa, 

Chocolate, 

Sugar  candy, 

Do  loaf. 

Do  other  refined. 
Candles,  tallow. 

Do        wax, 


Ciieese, 

Soap, 

Pepper, 

Pimento, 

Tobacco, 

Snuft; 

Indigo, 

Cotton, 

Nails, 

Spikes, 


lbs. 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 
do 


aUANTITIES. 


Excess  of  ex- 
portation over 
importation. 


cwt. 
do 
do 
do 
do 


Lead,  and  manufactures  of,  lbs. 

Steel, 

Hemp, 

Cables, 

Cordage,  tarred. 

Do         untarred. 
Twine  and  packthread,  do 
Glauber  salts,  do 

Coal,  bushels,    - 

Boots,  pai>-s. 

Shoes,  silk.  «lo 

Do   all  other  for  men  &  women. 

Do    tiir  children,  pairs, 
Cards,  wool  and  cotton,  do 

Do    playing,  packs,     - 

Domestic  spirits  from  molasses. 

Do  from  domestic  produce 


pairs. 


gall's, 
,  do  - 


158,422 

1,994,023 

3,104 

4,971 

6,879 

6,932 

176,323 

2,451 

66,724 

457,059 
113,079 
164,912 

210,224 

512,308 

3,120,691 

280,237 

1,783,900 

14,844 

80,851 

990 

24,738 

1,439 

1,696 

1,346 

616,483 

6,575 

1,550 

79,152 

6,441 

70 

3,467 


461,560 


5,061 


21,921 
519 


Rate  of 
dutj. 


67s. 

8 
2 
3 

lis 
9 

6^ 
2 

6 

7 
2 

6 

4 

10 

22 

25 

3 

2 

1 

1 

100 

100 

180 

180 

225 

400 

200 

5 

75 

25 

15 

10 

50 

25 

15 

7 


Excess  of  du- 
ties over 
drawback. 


12,673  76 

21,880  46 

93  12 

571 

619 

450 

3,526 

147 

4,670 


27,423  54 

4,523   16 

16,491   20 

52,556  00 

15,369  24 

62,413  82 
2,802 

17,839 

14,844 

80,851 
1,782 

44,528  40 
3,237  75 
6,784  00 
2,692  00 

30,824   15 

4,931   25 

387  50 

11.872  80 

644   10 

35  00 

520  05 


37 
00 
00 
00 
00 


Excess  of 

drawback 

over  duties. 


$447,985  23 


9,231  20 


1,113  42 


5,480  25 
36  33 


$15,861  20      $432,124  03 


Treasury  Department,  Begister^s  Office,  December  6th,  1805. 

JOSEPH  NOURSE,  Begister. 


1805.] 


STATE   OF   THE   FINANCES. 


151 


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FINANCE. 


[1805. 


Statement  G — continued. 
Estimate  showing  when  the  Instalments,  which  compose  the  balance  due  from,  individuals,  will  become  payable. 


Offices. 

Remaining  due 
in  1804. 

Beeoming  due 
in  1805. 

Becoming-  due 
in  1806. 

Becoming  due 
in  1807. 

Becoming  due 
in  1808. 

Total.  Dollars. 

Zanesville,     - 
Marietta, 
Steubenville, 
Chillicothe, 
Cincinnati,    - 

1,385  06 

3,732  72| 

6,130  02| 

56,781   77| 

108,748  43f 

4,601   65.1 
175,529  481 
132,784  591 
161,566  351 

5,792  091 
5,800  88| 

152,951   96 
78,974  72J 

132,206  40| 

5,792  09^ 

4,329  76.1 

90.532  03 

63,328  24| 

87,067  \0\ 

5,792  09^ 

3,556  62| 

48,651   371 

40,992  802 

57,183  84| 

18.761   341 

22,021   66 

473,794  87| 

372,862  151 

546,772  464 

Dollars, 

176,778  02 J 

474,482  09 

375,726  07^ 

251,049  531 

156,176  75J 

1.434,212  50.^ 

Treasury  Department,  Registers  Office,  December  9,  1805. 


JOSEPH  NOURSE,  Register. 


H. 

Ji  General  Stcdement  of  the  Receipts  and  Expenditures  of  the  United  States,  during  the  four  years,  commencing 
on  the  1st  day  of  ..flpril,  1801,  and  ending  on  the  31st  March,  1805. 

RECEIPTS. 


From  April  1 
to  Dec.  31, 

1801. 

1802. 

1803. 

1804. 

From  Jan.  1 

to  March  31, 

1805. 

Total. 

1.  Customs. 

Sales  of  Public  Lands,  - 
Postage.         -        -        - 
Internal  Revenues, 
Direct  tax,     - 

2.  Incidental,     - 
Extraordinary.  («.) 

8,578,148  93 
159,226  06 

52,500  00 
819,582  82 
340,126  25 

62,488   14 
187,668  04 

12,438.235  74 

188,628  02 

35,000  00 

621,898  89 

206,565  44 

45,811   76 

1,407,090  53 

10,479,417  61 

165,675  69 

16,427  26 

215,179  69 

71,879  20 

99,599  01 

1.412  86 

11.098,565  33 

487,526  79 

26.500  00 

51.118  28 

50,198  44 

131,232  64 

2,580,469  61 
37,173  75 
3,000  00 
2,874  48 
4,731   75 
1,514  03 

$45,174,837  22 

1,038,230  31 

133,427  26 

1.710,654  16 

673,501   08 

340,645  58 

1,596,171  43 

Total,    Dollars, 

10,199,740  24 

14,943,230  38 

11,049,591   32 

11,845,141  48 

2,629,763  62 

50,667,467  04 

Balance  in  the  Treasury  on  the  1st  of  April,  1801. 

1,794,052  59 

$52,461,519  63 

. 

EXPENDITURES. 


From  April  1 

to  Dec.  31, 

1801. 

1802. 

1803. 

1804. 

From  Jan.  1, 

to  March  31, 

1805. 

Total. 

3     C  Civil  List, 
■    <.  Miscellaneous,   - 

5.  Military  Establishment, 

6.  Naval  Establishment,    - 
4.  Foreign  Intercourse, 

7.  Interest  on  Public  Debt, 

8.  Principal  of  ditto,  (c.)  - 
Extraordinary,  (6.) 

$314,295  04 

266,642  09 

1.120,945  32 

1,266,010  00 

278,768  48 
2,908,674  06 
2,743,066  84 

557,227  85 

396,285  92 

1.281,117  01 

921,561   87 

331.308  02 

4.121,150  07 

5,182,770  11 

226,502  89 

496,302  64 

270,735  97 

883.841   28 

1.215,230  53 

'227,773  78 

3,888,612  24 

3,425,991   87 

892,215  73 

600,544  91 

470,328  62 

991,960  25 

1,189,832  75 

229,591  54 

4,293,324  03 

3,845,075  01 

957,064  03 

218,319  95 

195,411  80 

127,328  40 

250,000  00 

3,996  02 

1,066,940  55 

1,120,760  09 

888,000  00 

2,186,690  39 
1,599,404  40 
4,405,192  26 
4,842,635  15 
1,071,437  84 
16,278,700  95 
16,317,663  92 
2,963,782  65 

Total,  Dollars, 

8,898,401  83 

13,017,923  74 

11,300,704  04 

12,577,721   14 

3,870,756  81 

49,665,507  56 

Balance  in  the  treasury  on  the  31st  of  March,  1805, 

2,796,012  07 

52,461,519   63 

(rt.)  Sales  of  bank  shares, 
Sales  of  public  vessels, 


$1,287,600  00 
308,571  43 

$1,596,171   43 


1805.]  STATE    OF    THE    FINANCES.  I53 


(b.)  Payments  made  to  Great  Britain  in  exchange  of  the  6th  article  of  the  British 

treaty,  ------...         $2,664,000  00 

Payments  made  to  Great  Britain  of  awards  under  the  7th  article  of  the  British 

treaty,  -------..  73^279  73 

Restitution  of  nett  proceeds  of  French  prizes,  under  the  Convention  of  1800,  220,502  89 


S.9G.'),782  62 


(c.)  Payments  on  account  of  the  principal  of  the  public  debt,  per  above.    -  -  -  .       $16,317  663  92 

Payments  on  account  of  extraordinary  demaiuis  arising  from  engagements  ' 

entered  into  with  foreign  nations,  prior  to  the  1st  April.  1801,       -  -        $2,963,782  63 

Deduct  extraordinary  resources,  resulting  from  the  sale  of  bank  sliares  and 

public  vessels,  as  per  above,  ......  1,596,171  43 


INCREASE  OF  SPECIE  IN  THE  TREASURY. 


Balance  on  the  1st  of  April,  1801,        -  .  .  .  $1,794,052  59 

Balance  on  the  31st  Marcli,  1805,        -  -  .  .  .  2,795,992  07 


1,367,611   19 


1,001,939  48 


Payments  in  stock  by  purchasers  of  public  lands,       -----  63,896  79 


Difference  in  favor  of  the  United  States,         ------       $18,751,111  38 


154 


FINANCE. 


[1805. 


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1805.] 


STATE    OF    THE   FINANCES. 


155 


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156 


FINANCE. 


[1805. 


H  2. 

Statement  of  the  Incidental  Revenue^  during  the  four  years,  commencing  on  the  1st  day  of  April,  1801,  and  ending 

on  the  31sf  day  of  March,  1805. 


From  April  1, 
to  Dec.  31, 

1802. 

1803. 

1804. 

From  Jan.   1, 
to  March  31, 

Total. 

1801. 

1805. 

Fees,     -            -            -            - 
Fines,   -           -            -            - 

$1,008  00 
2,492  54 

$2,242  00 
1,971  96 

$3,201   00 
1,039  00 

$2,759  00 
2,544  84 

$720  00 
794  03 

$9,930  00 
8,842  37 

(a)  Sales  of  public  property, 
Proceeds  of    cents    and    half 

33,888  58 

- 

4,097  01 

12,782  39 

- 

*50,767  98 

cents,  beyond  the  expenses 
of  the  mint,    for   the  year 
1830, 

12,177  66 

12,177  66 

(6)  Damages  and  interest  on  bills 
and  debts. 

17,505  21 

3,154  48 

32,370  91 

_ 

53,030  60 

Balances  which  originated  prior 
to  the  present  Government,  - 

388  16 

500  63 

135  46 

• 

1,024  25 

Re-payment  of  advances  made 
prior    to    the    first    day    of 
April,  1801,  - 

24,710  86 

23,591   96 

75,794  40 

80,775  56 

- 

204,872  72 

Total, 

62,488  14 

45,811  76 

99,599  01 

131,232  64 

1,514   63 

340,645  58 

*  Viz: 
(a)  Revenue  cutters. 
Naval  Stores, 
President's  Horses,  &c. 
Old  paper  money, 
French  prizes. 


$17,431  37 

31,493  08 

1,575  00 

61  34 

207  19 

$50,767  98 


(6)  Surplus  received  on  debt  due  on  interest 

duties,  -  -.  -  -       $~,032  43 

Interest  on  repaj^ment  of  moneys  advanced 
on  account  of  interest  on  domestic  debt,        936  48 

Damages  and  interest  on  piotested  bills, 
purchased  on  account  of  foreign  debt,    45,061  69 

$53,030  60 


H  3. 

A  Statement  of  the  Expenditures  of  the  United  States  on  account  of  the  Civil  List,  and  of  all  other  domestic  objects 
of  a  civil  nature,  other  than  for  the  public  debt,  during  the  four  years  commencing  on  the  1st  day  of  April,  1801, 
and  ending  on  the  3lst  day  of  March,  1805. 


From  April  1 

From  Jan 

.  1 

to  Dec.  31, 

1802. 

1803. 

1804. 

to    March 

TOTAL. 

1801. 

31,    1805. 

Congress,       -                -                - 

38,783  91 

179,945 

72 

160,849  24 

257,526 

42 

120,694 

21 

757,799  50 

President  and  Vice  President,     - 

24,786  88 

30,500 

00 

30,000  00 

30,250 

00 

8,361 

12 

123,898  00 

Department  of  State,    -           («) 

11,580  66 

20,792 

77 

23,876  71 

26,328 

23 

6,526 

77 

89,105  14 

Treasury,          {h) 

75,903  05 

93,162 

05 

86,463   10 

85,646 

09 

25,612 

34 

366,786  63 

War,     - 

22,690  34 

24,687 

53 

25,773  61 

22,964 

35 

8,575 

23 

104,691   06 

Navy,    - 

19,407  72 

23,995 

68 

22,226   14 

22,538 

00 

6,233 

25 

94,400  79 

General  Post  Office, 

8,936  59 

13,101 

30 

14,905  15 

16,895 

15 

3,900 

24 

57,738  43 

Commissioners  of  Loans, 

19,654  32 

26,914 

64 

26,999  95 

26,552 

16 

6,749 

21 

106,870  18 

Territories,     - 

14,246  01 

17,678 

11 

10,138  92 

22,968 

84 

1,793 

10 

66,824  98 

Judiciary,       ■•                -            (t) 

78,103  32 

126,450 

05 

95,069  82 

88,875 

67 

29,874 

48 

418,373  34 

Permanent  Establishment. 

Light  houses  and  buoys. 

76,400  62 

68,928 

85 

75,822   16 

93,775 

82 

41,870 

55 

356,798  00 

Marine  hospital,             -            ((/) 

- 

250 

00 

31,087  36 

84,027 

50 

6,372  99 

121,737  85 

Surveys  and  other  expen.ses  rela- 

tive to  public  lands,  -            (e) 

12,237  05 

18,586 

36 

22,873  74 

31,607 

55 

7,604 

71 

92,909  41 

Mint,              -               -           (/) 

23,251   93 

33,890 

09 

- 

33,629 

48 

6,650 

08 

97,421   58 

Invalid  pensions. 

40,210  00 

86,702 

85 

64,890  00 

80,092 

80 

40,305 

12 

312,200  77 

Civil           do. 

1,020  00 

2,187 

12 

2,104  38 

1,247 

40 

300 

00 

6,858  90 

Miscellaneous  and  Contingent. 

Second  census, 

42,176  24 

21,613 

96 

1,741   67 

577 

17 

- 

66,109  04 

Quarantine  stores. 

- 

52,529 

96 

- 

5,962 

95 

- 

58,492  91 

Prize  moneys,                -           {g) 

- 

8,696 

22 

- 

- 

- 

8.696  22 

Furniture  for  President's  house. 

7.555  55 

2,114 

90 

- 

145 

17 

- 

9,815  62 

Books  for  Congress, 

296  95 

2,000 

00 

- 

2,220 

13 

- 

4,517  08 

Removal  of  Seat  of  Government, 

510  50 

- 

- 

- 

- 

510  50 

City  of  Washington,    -            (/t) 

- 

55,450 

93 

57,902  66 

112,423 

91 

65,400 

00 

291.177  50 

Exploring  rivers  of  Louisiana,    - 

- 

- 

2,500  00 

3,000 

00 

- 

5,500  00 

Claims  and  allowances,              (i) 

5,606  89 

20,855 

93 

5.660  43 

17.128 

26 

19,676 

90 

68,928  41 

t  Assessment  of  direct  tax. 

16,129  69 

16,527 

00 

5,547  00 

3,674 

64 

7,231 

45 

49,109  78 

t  Purchase  of  stamp  paper. 

7,413  53 

1.582 

65 

- 

72 

00 

- 

9,068   18 

t  Unclaimed  merchandise. 

34,035  48 

4,369 

10 

606  57 

743 

84 

- 

39,754  99 

Total,      -        Dolls. 

580,937   13 

953,513 

/  7 

767,038  61 

1,070,873  53 

413,731 

75 

3,786,094  79 

1805.] 


STATE  OF   THE   FINANCES. 


157 


Explanatory  Notes  to  the  foregoing  Statement. 


(«)  IncliKling  the  printing;  of  the  laws,  passports,  and  sea  letters. 
(b)  Incluiiing  the  office  of  Purveyor  of  Public  Supplies,  ar 


^„^  ,  .  ;s,  and  the  priiitiii";  of  tiie  public  accounts. 

{(l)  The  expenses  of  that  establishment  were  not  liiscliarged  by  the  treasury  till  1st  July,  1802,  and,  as  the  moneys 
were  advanced  by  the  collectors,  the  sums  here  stated  are  not  tliose  actually  expended,  but  the  aggregate  of 
the  accounts  settled  at  the  treasury  eacii  year. 
(e)  Surveys  and  Boaids  of  Commissioners,  -  -  -  -  -  -       $69,001  54 

Opening  roads,       ---...---..  6,000  00 

Wabash  saline,      ---------  2,563  60 

Surveys  and  Boards  of  Commissioners  south  of  Tennessee,  -  .  .  .  15,345  27 


(/)  In  this  the 


•are  included,  and  the  proceeds  of  the  copper  coinage  deducted:  but  as,  in  the 


year  1803,  this  last  item  exceeded  the  whole  expenses  of  the  establislnnent  by  a  sum  of 
This,  deducted  from  the  gross  sum  of  -  .  -  .  , 

Leaves,  for  the  true  expense  of  the  mint  for  those  four  years, 

(£•)  This  sum  is  a  repayment  to  the  Navy  pension  fund. 

(/O  Jail,         -  - 

Public  buildings.    ------- 

Reimbursement  and  interest  on  Maryland  loans,  ..  -  .  . 


(?)  Paid  from  the  President's  contingent  fund. 

Do.  2,000  dollar  annual  appropriation, 

Do.  4.000  i\o. 

By  virtue  of  special  acts  of  Congress, 


$92,909  41 


$12,177  66 
97,421  58 

$85,243  92 


$11,702  66 
123,000  00 
156,474  84 

$291,177  .50 

$1,440  00 
3,271  12 
9,516  50 

54.700  79 

$08,928  41 


t  The  items  marked  thus,  properly  speaking,  are  charges  to.  and  deductions  from,  the  proceetls  of  sales  of  public 
lands,  direct  tax,  internal  duties,  and  customs,  respectively. 


H  4. 

Ji  Statement  of  the  Expenditures  of  the  United  States.,  on  account  of  the  intercourse  with  Foreign  Xations,  during 

the  four  years,  ^-c. 


From  1st  Apr. 

From   1st  ,lan. 

"to  31st  Dcc'r. 

1802. 

1803. 

1804. 

to  31st  March 

Total. 

1801. 

1805. 

Diplomatic, 

$66,955  49 

$64,040  90 

$100,552 

96 

$97,084 

89 

. 

$329,234  21 

Barbary, 

147,115  00 

136,013  00 

108,866 

43 

57,063 

95 

$200  00 

449,258  44 

Commissioners  and  agents  un-7 
der  the  British  treaty,            5 

23,524  S3 

41,906  08 

0,169 

01 

48,497 

53 

120,098  05 

Spanish  linnts,     - 

14.773  27 

- 

1,809 

81 

- 

10,583  08 

Commissioners   under  the  7 
French  convention,          5 

- 

- 

- 

18,555 

54 

lrt,555  54 

Prosecution  of  claims  for  captures. 

16,925  30 

61,516   13 

- 

- 

1.500  00 

79.941   49 

Protection  of  American  seanien, 

9,474  53 

27,831  85 

10,374 

97 

7,789 

03 

2.296  02 

57,707  00 

Total,  dollars. 

278,768  48 

331,308  02 

227,773 

78 

229,591 

54 

3,990  02 

1,071,437  84 

21 


ft 


158 


FINANCE. 


[1805. 


H5. 

Statement  of  the  Expenditures  of  the  Military  and  Indian  Departments,  during  the  four  years,  ^c,  showing  the 
several  heads  of  appropriation  under  tvhich  the  moneys  were  advanced  by  the  Treasury. 


1 
From  1st  April 

From  1st  Jan. 

' 

to  31st  Dec'r. 

1802. 

1803. 

1804. 

to  31st  March, 

Total. 

1801. 

1805. 

Army,  (generally) 

$918,838  65 

$266,677   11 

$61,614  61 

. 

. 

$1,247,130  40 

Discharged  officers  and  privates. 

- 

115,000  00 

- 

- 

- 

115.000  00 

Pay,         -           -            -            - 

- 

290,400  00 

250,000 

00 

$350,600  00 

$87,000  00 

978,000  00 

Bounties  and  premiums, 

- 

- 

8,000 

00 

14,000  00 

3,000  00 

22,000  00 

Subsistence, 

- 

191,027  40 

183,627 

60 

191,922  20 

1,000  00 

569,577  20 

Forage,    -            -           -           - 

- 

1,000  00 

2,000 

00 

5,056  00 

- 

9,056  00 

Clothing, 

Medical  and  hospital, 

- 

- 

50,000 

00 

86,630  00 

- 

136,630  00 

- 

8,000  00 

10,000 

00 

8,000  00 

- 

26,000  00 

Contingencies,  including  \ 
transportation,                3 

Arsena  s,  magazines,  armories, "? 
forts,  and  barracks,                3 

. 

32,000  00 

50,000 

00 

58,000  00 

. 

140,000  00 

- 

100,000  00 

100,000 

00 

94,696  88 

- 

294,696  88 

Purchase  of  arms  &  ammunition, 

108,106  67 

155,012  50 

108,599 

04 

- 

371,718  21 

Fortification  of  iiarbiirs. 

85,000  00 

18,000  00 

- 

- 

- 

103,000  00 

Militia  employed  in  taking  7 
possession  of  Louisiana,    3 

50,000  00 

33,000  00 

83,000  00 

Miscellaneous.     -            -            - 

- 

- 

- 

16,555  17 

3.328  40 

(a)19,883  57 

Indian  department, 

9,000  00 

104,000  00 

60,000 

00 

116,500  00 

*■ 

(6)289,500  00 

Total,  dollars. 

1,120,945  32 

1,281,117  01 

883,841 

28 

991,960  25 

127,328  40 

4,405,192  26 

(a. )   Maps  and  postage, 

. 

. 

$7,500  00 

Balance  due  J.  Habersham, 

- 

- 

- 

- 

. 

9,055  17 

Militia  under  Jol 

nson,  in  1794, 

3,328  40 

;gl9,883  57 

(b.)  Indian  department  proper, 

§184,500 

Do.  treaties,     - 

- 

- 

- 

- 

- 

73,000 

Do.  trading  houses. 

32,000 

$289,500 

H  6. 

Statement  of  the  Expenditures  on  account  of  the  Naval  Department,  during  the  four  years,  ^-c.  showing  the  several 
heads  of  appropriation  under  ivhich  the  moneys  were  advanced  at  the  Treasury. 


From  1st  Apr. 

From   1st  Jan. 

to  31st  Dec'r. 

1802. 

1803. 

1804. 

to  31st  March, 

Total. 

1801. 

1805. 

Navy,  (generally)  - 

882,256 

66 

(a)190,529  89 

(6)525,000  00 

. 

1,597,786  55 

Pay  -           - 

Provisions    -            -            -            - 

3 

508,226 

00 

283.993  00 
157,360  20 

234,328  00 
125,518  72 

75,000  00^ 
65.000  00  3 

1,449,425  92 

Medicines   -            -            -            - 

10.000 

00 

7.700  00 

4,875  00 

- 

22.575  00 

Repairs  and  contingencies  - 

- 

10,000 

00 

183,000  00 

144,000  00 

50,000  00 

386,000  00 

Ordnance  and  military  stores 

. 

20,000 

00 

15,000  00 

5,000  00 

- 

40.000  00 

French  prizes 

61,067 

13 

13,932 

87 

- 

- 

- 

75,000  00 

Miscellaneous 

- 

7,719 

00 

16,763  43 

9,832  75 

- 

(c)34,315  18 

Marine  corps 

- 

99,109 

00 

90,780  43 

80,693  56 

20,000  00 

290,582  99 

Marine  barracks 

18,080 

45 

- 

401   93 

3,584  72 

- 

22,067  10 

Seventy-fours  and  navy  yards 

304,605 

76 

252,575 

00 

174,701   65 

7,000  00 

10,000  00 

748,882  41 

Four  sixteen-gun  vessels     - 

- 

- 

96,000  00 

- 

- 

96,000  00 

Gun-boats    -            -            -            - 

- 

- 

- 

50,000  00 

30,000  00 

80,000  00 

Total, 

1,266,010 

00 

921.561 

87 

1,215,230  53 

1,189,832  75 

250,000  00 

4,842,635  15 

(a)  $169,911  88  of  this  sum  were  for  the  deficiencies  of  the  years  1801  and  1802. 

(b)  Advanced  on  account  of  tlie  Mediterranean  Fund. 

(c)  Crew  of  Enterprise  -----  1,719  00 
Do.  of  Insurgente  and  Pickering  -  -  -  -  6,000  00 
Captors  of  Morocco  vessels  -  .  -  -  -  9,332  75 
Allowance  on  account  of  Valenzin  -  -  -  -  500  00 
Balance  due  to  J.  Habersham                -                _                .                -  16,763  43 


34.315  18 


1805.] 


STATE    OF    THE    FINANCES. 


159 


H  7. 

Statement  of  the  Expenditures  on  account  of  the  Interest  and  Charges  on  the  Public  Debt,  during  the  four  years, 
commencing  on  the  \st  day  of  ,/ipril,  IrtOl,  and  ending  on  the  Sis/  day  of  March,  1805. 


Foreign  Debt 


Interest  on  Dutch  debt    - 
Louisiana  stock 

Charges. 
Commissions,  postage.  &c. 
(b)  Protested  bdls,  not  recovered  7 
on  the  31st  day  ofMar.  1805  5 
Loss  on  exchange 

Deduct  profit  on  exchange 

Total 

Domestic  debt  -  - 

(e)  Domestic  loans 

Total 


From  1st  Apr. 
to  31st  Dec'r. 
1801. 


244,100  00 


244,100  00 

2,441   00 
24,000  00 


270,541   00 
8,903   64 


261,637  36 

2,633,636   70 

13,400  00 


2,908,674  06 


1802. 


458,100  00 


458,100  00 

5,923  80 
32,000  00 
46.988  41 


543,012  21 


543,012  21 
3,456,072  86 


1803. 


1804. 


404,457  00       263,140  00 
|(a)697,191  75 


404,457  00|      960,331   75 

14,306  04         13,537  09 

I 

6,052  45 


424,815  49,   973,868  84 
47,171  39 


424,815  49 
3  ,381,796  75 


122,065  00         82,000  00 


4,121,150  07(  3,888,612  24 


926,697  45 

3,306,032  90 

60,593   68 


4,293,324  03 


From  1st  Jan. 
to  31st  March, 
1805. 


126,800  00 
168,750  00 


295,550  00^ 
2,247  44  J 


297,797  44 
66,119  81 


231,677  63 

809,655  30 

25,607  62 


1,066,940  55 


Total. 


2,400,994  12 
109,040  86 


2,510,034  98 
122,194  84 


2,387,840  14 

13,587,194  51 

303,666  30 

16,278,700  95 


(aj   $22,191  75  for  t.lie  interest,  from  20th  to  31st  December,  1803. 
675.000  00  do  from  the  year  1804. 


697,191  75 


fb)   Judgment  has  been  obtained  for  the  whole  of  those,  and  $18,143  paid  into  the  treasury  subsequent  to  the  31st 
day  of  March,  1805. 

(cj    In  this  statement  the  dividends  received  on  the  bank  shares  of  the  United  States,  stated,  and  amount,  fiom 
1st  April,  1801,  to  31st  December,  1802,  to        -  -  -  -  -  -  -  $127,960 

Are  deducted  from  the  gross  amount  of  interest  paid  to  the  bank  on  the  domestic  loans,  which  inter- 
est, for  the  same  period,  amounted  to     --------  263,425 


Leaving  for  the  balance  of  interest  paid  to  the  bank,  as  per  above  stated,  during  the  same  period,      $135,465 


160 


FINANCE. 


[1805. 


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1805.]  DRAWBACK.  |^j 


9th  Congress.]  ^q^   235.  [1st  Session 


DRAWBACK. 

COJIMUMCATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  21,  1805. 

Mr.  Crowninshield  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Isaac  Clason,  of  tiie  citj'  of 

New  York,  respectfully  submit  the  following  report: 

The  petitioner,  in  the  month  of  August  last,  imported  from  Havana  into  the  port  of  New  York,  one  thousand  four 
hundred  and  twenty  boxes  of  sugar;  the  duties  upon  the  importation  amounted  to  fifteen  tiiouantl  six  hundred  and 
nineteen  dollars  and  twenty-four  cents.  On  the  31st  of  the  same  month,  the  petitioner  having  determined  to  ex- 
port the  said  sugar  to  Amsterdam,  in  the  ship  Ambition,  gave  due  notice  of  such  intention,  and  made  a  regular  entry 
of  the  said  sugar  for  exportation:  a  permit  to  load  the  said  sugar  was  issuetl  at  the  custom  liouse  on  the  2d  of  Sep- 
tember, and  the  sugar  was  actually  laded  on  board  the  said  ship,  under  the  inspection  of  the  proper  officer,  and  the 
return  thereof  made  to  the  collecter,  the  ship  receiving  her  clearance  to  proceed  to  sea  on  the  ninth  day  of  Septem- 
ber, and  actually  sailed  on  the  twenty-second  day  of  the  same  month.  At  the  moment  of  the  clearance  being  granted 
to  the  ship,  the  yellow  fever  made  its  appearance  in  New  York,  and  a  great  number  of  the  citizens  left  the  city  in 
the  course  of  a  week  from  that  time;  and  the  petitioner,  justly  alarmed  at  the  danger  to  M'hich  he  was  exposed,  anil 
partaking  of  the  general  consternation,  fled  among  the  rest.  A  general  interruption  and  suspension  of  business  in 
the  city  took  place  for  several  weeks,  and  the  custom  house  itself  was  removed  to  a  place  of  safety.  On  the  30th 
of  September,  the  petitioner  applied  to  the  custom  house  to  receive  the  debentures  for  the  drawback  of  tlie  duties  on 
the  exportation  of  the  said  sugar,  and  oftered  to  give  bond  and  take  the  oath  required  by  law  in  the  cases  of  goods 
exported  for  the  benefit  of  drawback;  but  the  collector  refused  to  receive  the  oath  or  bond,  or  to  grant  the  deben- 
tures, alleging  that  the  ten  days  limited  by  law  had  expired,  after  the  clearance  of  the  ship,  and  that,  in  conse- 
quence thereof,  the  drawback  reverted  to  the  United  States. 

Repeated  and  pressing  applications,  of  a  similar  nature,  have  been  made  to  Congress,  and  the  number  may  be 
expected  to  increase.  In  all  of  them  which  have,  at  various  times,  been  before  the  committee,  no  intention  of  fraud 
has  appeared.  Some  persons  have  unintentionally  overstayed  the  time,  one,  two,  or  three  days.  Otiiers  have  been  pre- 
vented, by  dangerous  sickness,  from  attending  at  the  custom  house.  In  the  case  now  under  consideration,  the  yel- 
low fever  afflicted  the  city  of  New  York.  The  inhabitants  fled  before  its  dreadful  ravages.  The  petitioner  partook 
of  the  general  consternation,  and  left  the  city  the  next  day  after  the  clearance  of  the  ship.  It  did  not  occur  to  him 
that  he  would,  thereby,  lose  the  benefit  of  drawback  on  the  sugar  in  question:  and,  if  it  had  occured  to  him,  it  is 
not  probable  that  he  could  then  have  obtained  the  debentures  by  application  at  the  custom  house.  It  was  a  time  of 
general  alarm  and  agitation,  and  every  citizen  was  only  eager  to  save  himself  and  family.  The  security  of  property 
was  but  a  secondary  consideration. 

The  committee  are  of  opinion  the  provisions  of  the  law,  as  it  stands  at  present,  are  too  severe.  If  the  article  on 
which  the  benefit  of  drawback  is  claimed,  is  really  exported  out  of  the  limits  of  the  United  States,  it  is  all  that  ought 
to  be  required.  The  merchants  are  solicitous  to  obtain  the  debenture  certificates;  they  become  transferable  property, 
being  negotiable  paper,  like  promissory  notes,  and  are  receivable  at  the  custom  house  in  lieu  of  the  inward  duties.  No 
man  would  willingly  overstay  the  time  limited  by  law,  in  which  he  could  apply  for  liis  debentures;  it  is  for  his  interest 
to  apply  early,  yet  it  may  sometimes  happen  that  he  will  omit,  and  overstay  the  time;  but,  surely,  the  United  States 
do  not  wish  to  enrich  tiieir  treasury  in  this  manner.  Our  revenue  is  derived  from  the  foreign  articles  consumed  in 
the  country,  and  not  from  exports.  Under  all  the  circumstances  in  which  this  subject  can  be  placed,  the  committee 
are  of  opinion  that  a  general,  and  not  a  particular  bill  should  be  passed,  calculated  to  relieve  all  the  applicants 
where  no  intention  of  liaud  shall  appear,  and  to  provide  for  the  extension  of  the  time  in  taking  the  oath  and  giving 
bond,  in  cases  of  goods  intended  to  be  exported  for  benefit  of  drawback.  The  committee,  therefore,  submit  the  ihC 
lowing  resolution: 

Resolved.  That  the  petition  of  Isaac  Clason  is  reasonable,  and  ought  to  be  granted. 


Treasury  Department,  Comptroller's  Office^  3\st  December,  1805. 
Sir: 

Your  letter  of  the  29th  is  received.  Enclosed  is  a  certified  copy  of  the  letter  of  the  collector  at  New  York, 
detailing  the  facts  in  the  case  of  Isaac  Clason,  who  claimed  a  drawback  on  1420  boxes  of  sugar,  intended  to  be  ship- 
ped by  him,  on  board  the  ship  Ambition,  for  exportation.     I  possess  no  other  information  on  the  subject. 

Mr.  Clason  having  neglected  to  take  the  oath,  and  give  bond  within  ;!ie  time  required  by  law,  and  it  appearing, 
also,  that,  although  the  city  of  New  York  wa?  afflicted  by  ?  malignant  disease,  which  occasioned  a  removal  of  the 
collector's  office,  the  removal  to  Greenwich,  a  distance  of  about  two  miles,  was  eftected  on  the  9th  of  September, 
where  it  was  not  considered  hazardous  to  transact  business,  no  relief  could  be  granted  at  the  treasury,  according  to 
established  decisions. 

I  have  the  honor  to  be,  &c. 

G.  DUVALL. 
Jacob  Crowninshield,  Esq. 


Custom  House,  New  York,  Collector's  Office,  November  2d,  1805. 
Sir: 

I  have  received  your  letter  of  the  18th  ultimo,  relating  to  a  shipment  of  sugar  by  Mr.  Isaac  Clason.  In 
the  month  of  August  last,  he  imported,  in  tlie  ship  Ambition,  Walter  Nexsen,  master,  (wholly  owned  by  him- 
self from  the  Havana,  1420  boxes  sugar,  all  of  which  were  landed  and  weighed,  and  the  duties  secured  according 
to  law,  on  the  17th  August. 

On  the  31st  August,  Mr.  Clason  made  an  entry  for  1420  boxes  (the  same)  sugar  intended  to  be  shipped  by  him 

in  the  said  ship  Ambition, ,  master,  for  Amsterdam.    On  the  2d  September,  permit  was  issued  for  shipping  the 

same;  the  inspector  returned,  that  the  1420  boxes  of  sugar  were  laden  on  board  the  said  ship,  under  his  inspection, 
the  9th;  the  entries,  inward  and  outward,  the  weigher's  and  inspectors  returns,  and  every  requisite  required  by  law, 
all  appear,  and  I  have  no  doubt,  are  correct;  the  omission  to  take  the  oath  and  give  bond,  within  ten  days  after  cleai- 
ance,  only  excepted. 

Mr.  Clason  did  not  apply  at  the  custom  house  to  take  the  oath  and  give  bond,  as  required  by  law,  until  the  30th 
September;  he  was  with  his  family  in  West  Chester  county,  about  twenty  or  twenty-five  miles  from  the  city;  the 
ship  sailed  the  22d  of  September.  Mr.  Clason  probably  mistook  the  ten  days  after  sailing  lor  the  ten  days  after 
clearing. 


162 


FINANCE.  [i805. 


No  doubt  can  be  entertained  of  the  fairness  of  the  transaction,  nor  of  the  upright  intention  of  Mr.  Clason;  and  I 
believe  1  am  fully  warranted  in  saying  that  tlie  omission,  on  his  part,  was  owing  to  tiie  confusion  of  the  city,  occa- 
sioned by  the  very  sudden  visitation  of  the  late  fever:  there  was  a  very  general  moving  of  the  citizens  on  the  9th 
September,  on  which  (lay  the  custom  house  was  removed  to  Greenwich,  two  miles  from  the  city  (and  there  remained 
until  the  29//t  nltimoj  where  it  was  not  considered  liazardous  to  visit  my  office. 

The  amount  of  drawback  being  upwards  of  $15,000,  1  advised  Mr.  Clason  to  make  application  to  the  treasury, 
as  I  could,  by  no  means,  take  upon  myself  the  responsibility  of  issuing  the  debenture,  whether  the  neglect  was  occa- 
sioned by  absence,  sickness,  or  any  other  cause. 

I  am,  very  respectfully,  sir,  your  obedient  servant, 

DAVID  GELSTON. 

Gabriel  Duv ALL,  Esquire.  ~~  , 


9th  Congress.]  "'        '  '  No.    236.  ^  [ist  Session. 


REPE\L   OF    THE    ACT   AUTHORIZING  EVIDENCES   OF   PUBLIC    DEBT  TO   BE 

RECEIVED   IN    PAYMENT   FOR   LANDS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,   DECEMBER  28,   1805. 

,         ..  .  Treasury  Department,  December  28th,  IS05. 

I  have  the  honor  to  enclose  the  copy  of  the  extract  of  a  letter  pointing  out  certain  abuses,  which  are  said  to 
arise  from  the  operation  of  the  l;iw  authorizing  the  receipt  of  evidences  of  the  public  debt,  in  payment  for  the  lands 
oftheUnitedStates,  passed  on  the  3d  day  of  March,  1797.  ,.      ,     ,     ,         ,     ^    . 

Althou'^h,  the  letter  having  been  received  only  a  tew  days  ago,  it  has  not  yet  been  ascertained  whether  the  tacts 
alluded  to^are  in  this  instance,  truly  stated,  there  is  no  doubt  that  such  abuses  may  take  place,  and  that,  whilst  the 
law  continnes'in  force,  it  will  be  difficult  to  prevent  them.  ...,.,.  ,  ,  ^    ^ 

Indeed,  it  cannot  be  doubted  that,  with  very  few  exceptions,  the  law  is  ot  no  utility  to  actual  purchasers.  So  tar 
as  relates  to  the  reduction  of  the  public  debt,  the  act  is  useless,  since  the  annual  appropriation  of  eight  millions  of  dol- 
lars has  been  made;  and  it  may,  on  the  contrary,  by  creating  a  competition  in  the  market,  impede  the  object  when- 
ever it  should  be  thought  proper  to  apply  a  part  of  the  appropriation  to  purchases  of  the  debt.  To  this  may  be  ad- 
ded that  the  uncertainty  resulting  from  the  provision  of  the  payments  in  specie,  which  might  otherwise  be  relied 
upon,  deranges  the  general  operations  of  the  treasury. 

I  also  be"  leave  to  observe,  that,  by  the  act  ot  the  8th  of  May,  1792,  and  all  the  subsequent  acts  contain  a  similar 
provision,  the  commissioners  of  the  sinking  fund  are  authorized  to  purchase  the  debt  of  the  United  States  at  its  mar- 
ket priced  if  not  exceeding  the  par  or  trueValue  thereof  .  .•  .  .  r  J  .,  ,  i-u 
This  last  limitation  does  not  seem  suihciently  explicit;  but  the  construction  heretofore  adopted,  and  winch 
will  be,  of  course,  adhered  to,  unless  altered  by  an  explanatory  act,  is,  that,  by  par  or  true  value,  is  meant  the  nominal 
value  or  amount  of  the  stock.  It  follows,  that,  on  the  one  hand,  the  commissioners  may  give  one  hundred  dollars  for 
every  nominal  hundred  dollars  of  the  three  per  cent,  stock,  provided  they  shall  not  give  more  than  the  market  price; 
whilst,  on  the  other  hand,  they  are,  in  fact,  precluded  from  making  any  purchases  of  the  eight  per  cent,  stock,  as  its 
market  must  necessarily  exceed  its  nominal  value.                                    ,     ,      ,     ,     ,         ,        ■         ,  ■  ,    , 

Permit  me,  therefore,  respectfully  to  submit  the  propriety  of  hxing,  absolutely,  by  law,  tiie  price  winch  the  com- 
missioners may  give  for  stock.  That  for  the  six  and  deferred  stock  may  remain  as  it  now  stands,  that  is  to  say,  not 
to  exceed  the  nominal  value  of  its  unredeemed  amount;  the  limitation  in  relation  to  the  three  per  cent,  stock  may  be 
easily  fixed,  at  any  rate  which  Congress  may  think  proper. 

That  for  the  eight  per  cent.  stocK  is  more  difficult  to  fix,  because  it  sinks,  every  quarter,  in  value,  and  will  con- 
tinue so  till  the  first  day  of  January,  1809,  when  it  becomes  redeemable,  and  therefore,  equal  to  its  nominal  value. 
It  may,  in  the  mean  while,  be  considered  as  consisting,  first,  of  a  six  per  cent,  stock,  payable  at  the  time  above  men- 
tioned,'and  worth  par;  secondly,  of  an  annuity  of  two  per  cent,  a  year,  (or  rather  at  the  rate  of  half  per  cent,  quar- 
terly) which  will  cease,  also,  on  the  1st  of  January,  1809,  when  the  stock  will  be  paid  off. 

The  annexed  table  shews  the  true  value  of  the  stock,  calculated  on  that  principle,  and  on  a  supposition  that  a  six 
er  cent,  stock  is  at  par,  for  the  first  day  of  every  quarter,  from  the  1st  of  January,  1806,  to  the  1st  of  January,  1809. 
A  must,' however,  be  observed,  that,  from  the  first  day,  till  within  tburteen  days  of  the  end  of  each  quarter,  the  stock 
will  progress  a  little  in  value,  as  the  time  of  receiving  the  dividend  approaches.  Both  on  that  account,  and  because 
the  variations  in  the  prices  of  stock  do  not  descend  to  such  minute  fractions  as  are  exhibited  in  the  table,  it  may  be 
more  simple  to  fix  the  limitation  by  the  gross  amount  of  the  two  per  cent,  annuity  which  may,  at  the  time,  be  still 
demandable,  without  making  any  deduction  for  the  discount.  The  commissioners  would,  on  that  principle,  be  au- 
thorized to  give  no  more  that  106  per  cent,  during  the  first  quarter  of  the  year  1806,  no  more  than  1051  per  cent, 
during  the  ensuing  quarter,  and  so  on,  diminishing  half  per  cent  each  quarter,  so  as  to  give  no  more  than  100|  per 
cent,  during  the  last  quarter  of  the  year  1808,  and  paying  at  par,  acconjing  to  contract,  the  residue  of  the  unpur- 
chased principal,  on  the  1st  of  January,  1809.  There  are  two  other  limitations,  in  the  powers  of  tiie  commissioners 
to  purchase  stock,  which  may  require  some  modifications.  By  the  first,  no  purchase  can  be  madej  except  during  the 
first  thirty  days  of  each  quarter— a  provision,  the  object  of  which  I  cannot  perceive;  as  the  situation  of  the  treasuiy 
and  the  price  of  stock  may  often  render  another  more  eligible.  The  other  directs  the  purchases  to  be  made  by  a 
known  agent,  and  by  open  purchase,  or  by  receiving  sealed  proposals;  and,  although  it  may  be  more  elegible  for  the 
commissioners  themselves  to  make  the  purchase  in  that  way,  because  it  will  prevent  any  improper  imputation  at- 
taching to  their  conduct,  it  is  not  less  true  that  that  mode  must  necessarily  raise  the  price  of  stocks,  and  prevent 
any  purchases  on  favorable  terms. 

Although  there  are  yet  considerable  parts  of  the  public  debt  which  may  be  reimbursed,  as  purchases  may,  how- 
ever be  found,  under  certain  circumstances,  more  advantageous  to  the  United  States,  I  have  thought  it  my  duty  to 
lay  these  observations  before  the  Committee  of  Ways  and  Means.  But  I  beg,  at  the  same  time,  to  be  indulged  in 
expressing  my  opinion,  that  a  sinking  fund  which  acts  by  purchases  is  better  calculated  to  raise  the  prices  of  stock, 
and  as  an^engine  to  favor  loans  and  an  increase  of  debt,  than  for  the  purpose  of  redeeming  it  on  reasonable  terms. 
And  as  the  iiature  of  the  existing  species  of  stocks  will  offer  a  powerful,  perhaps  insuperable  obstacle,  to  the  whole 
redemption,  within  the  time  contemplated  by  the  Legislature,  I  intend,  in  a  subsequent  communication,  to  submit  to 
the  consideration  of  the  committee,  a  plan  for  the  conversion  of  the  old  six  deferred  and  three  per  cent,  stocks  into 
a  six  per  cent,  stock,  which  may  be  redeemed  within  the  expected  period. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  John  Randolph,  Chairman  oj  the  Committee  of  JVays  and  Means. 


I 


1805.] 


BALANCES    DUE    FROM    STATES. 


16;: 


A  Table  exhibiting  the  true  value  of  one  hundred  dollars  eight  per  cent-  stock,  redeemable  after  the  year  1808,  on 
the  supposition  of  six  per  cent,  stock  being  at  par,  for  the  first  day  of  each  quarter,  from  the  1st  January.  1806, 
to  the  1st  January,  1809. 


Years. 

First  January. 

First  April. 

First  July. 

First  October. 

1806. 
1807. 

1808. 
1809. 

$105.46 
103.74 
101.93 
100.00 

$105.04 
103.30 
101.46 

$104.61 
10-2.85 
100.98 

- 

$104.18 
102.39 
100.49 

Extract  of  a  letter.  Sfc. 

"  The  clerks  in  that  office  are  enga.scd  in  what  they  call  the  stock'business.  They  get  stock  transferred,  in  pay- 
ment for  the  lands,  of  such  people  as  will  pay  them  tiieir  money  without  taking  an  office  receipt.  Now,  the  griev- 
ance that  1  would  complain  of  is,  that  it  is  almost  impossible  to  get  business  done  in  that  office,  unless  the  person 
applying  will  consent  to  let  them  have  their  money  that  they  may  pay,  in  stock.  As  for  my  part,  I  had  rather  do 
my  own  business.  When  a  man  goes  into  the  office,  one  of  the  clerks  addresses  him,  that  he  can't  have  his  busi- 
ness done  unless  he  waits  two  or  three  days:  and  recommends  to  him  to  leave  his  money  with  another  one,  which  I 
suppose  to  be  a  clerk  also,  who  offers  to  do  the  business  for  him,  provided  he  will  let  him  transfer  stock  for  his  pay- 
ment; and  thus  they  worry  many  people  out  of  their  money.  As  to  this  stock  business,  T  know  nothing  about  it:  and 
as  it  is  no  advantage  to  me,  I  had  rather  pay  my  money,  and  get  my  receipt  without  further  trouble." 


9th  Congress.] 


No.  23; 


[1st  Session. 


BALANCES  DUE  FROM  STATES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    DECEMBER  31,    1805. 

To  the  House  of  Representatives  of  the  United  States: 

I  now  communicate  to  the  House  of  Representatives  all  the  information  which  the  Executive  offices  furnish  on 
the  subject  of  their  resolution  of  the  twenty-third  instant,  respecting  the  States  indebted  to  the  United  States. 

TH  :  JEFFERSON. 

December  31,  1805. 


Treasury  Department,  December  30th,  1805. 
The  Secretary  of  the  Treasury  respectifully  reports  to  the  President  of  the  United  States — 

That  it  does  not  appear  that  any  debtor  State  has  availed  itself  of  the  provisions  of  the  act  of  Congress  of  the 
23d  of  June,  1797. 

That,  under  the  provisions  of  the  act  of  Congress  passed  on  the  15th  of  February,  1799,  the  sum  of  222,810  dol- 
lars and  six  cents,  has  been  placed  to  the  credit  of  the  State  of  New  York,  in  part  payment  of  the  debt  due  from  the 
said  State,  to  the  United  States,  on  account  of  money  expended  by  the  said  State  in  fortifying  the  fort  and  harbor 
of  New  York,  as  will  more  fully  appear  by  the  annexed  copy  of  the  treasury  settlement,  No.  12.250. 

And  that,  although  expenses  may  have  been  incurred  by  other  States,  which,  under  the  provisions  of  either  the 
act  of  Congress  of  June  23d,  1793,  or  of  that  of  May  3d,  1798,  or  of  that  of  February  I5th,  1799,  may  ultimately 
entitle  such  State  or  States  to  a  credit  for  expenses  incurred  in  fortifying  forts  and  harbors,  no  other  account  has  been 
presented  for  that  object  to  the  Treasury  Department. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
The   President  of  the  United  States. 


No.  12,250. 


Treasury  Department,  Auditor''s  Office,  .Bpril  \6th,  1801. 


Whereas  the  State  of  New  York,  by  an  act  of  its  Legislature,  passed  on  the  28th  day  of  March.  1800,  has  com- 
plied with  the  act  of  Congress,  passed  on  the  15th  day  of  February,  1799,  entitled  "  An  act  respecting  balances 
reported  against  certain  States  by  the  commissioners  appointed  to  settle  the  accounts  between  the  United  States  and 
the  several  States:"  And  whereas  it  Appears,  by  an  account  stated  by  the  comptroller  of  the  treasury  of  the 
said  State  of  New  York,  and  approved  by  the  Secretary  of  the  Treasury  of  the  United  States,  that  the  said  State  has 
appropriated  and  expended,  for  the  purpose  of  fortifying  the  fort  and  harbor  of  New  York,  the  sum  of  one  hundred 
and  thirty  six  thousand  five  hundred  and  thirty-three  dollars  and  eighty-two  cents,  in  specie,  which  sum,  calculat- 
ed on  the  principles  established  by  the  act  of  Congress  above  recited,  and  according  to  the  terms  agreed  upon  be- 
tween the  said  Comptroller  and  Secretary,  is  equal  to  the  following  amounts,  in  stock  of  the  United  States,  viz. 
$45,511  27,  being  one  third  of  the  said  sum,  calculated  in  3  per  cent,  stock,  at  9s.  in  the  pound,  is  $101,136  16 

30,340  84,  being  one  third  of  the  remaining  two  thirds,  calculated  in  deferred  stock,  at  14.s.  5d.  in  the 

pound,  is    -----...---  -      42,091  35 

60,681  71,   being  the  remainder,  calculated  in  six  per  cent,  stock,  at  15*.  3d.  in  the  pound,  is  -      79,582  55 


$136,533  82,  specie;  equal,  in  stock,  to 


i  222,810     6 


164 


FINANCE. 


[1805, 


I  do    therefore,  report,  in  pursuance  of  the  acts  and  stipulations  aforesaid,  that  the  following  credit  ought  to  be 
passed  on  the  books  of  the  treasury,  in  favor  of  the  State  ot  New  York,  viz: 

By  this  sum,  being  the  value,  in  stock  of  the  United  States,  of  $136,533  82,  specie,  appropriat- 
ed and  expended  for  the  purpose  of  fortifying  the  port  and  harbor  of  New  York,  agreeably  to  an 
account,  stated  on  the  28th  of  August,  1799,  by  the  comptroller  of  the  treasury  of  said  State,  and 
'  approved  by  the  Secretary  of  the  Treasury  of  the  United  States,  and  which  is  admitted  on  ac- 
count, and  in  part  payment,  of  the  debt  due  from  the  said  State  to  the  United  States,  $222,810    6 

Tiie  documents  on  which  this  report  is  founded  are  herewith  transmitted,  for  the  decision  of  the  Comptroller  of 
the  Treasury  thereon.  _ 

'  R.  HARRISON,  Auditor. 

To  John  Steele,  Esq.  Comptroller  of  the  Treasury. 


To  the  Register. 


Treasury  Department,  Comptroller'' s  Office,  April  28,  1801. 

Admitted  and  certified. 

JOHN  STEELE,  Comptroller. 


Treasury  Department,  Register's  Office,  27th  December,  1805. 

I  do  certify  that  the  foregoing  is  a  true  copy  of  the  original  report  on  file  in  this  oflace;  and  I  further  certify, 
that  the  aforementioned  sum  of  two  hundred  twenty-two  thousand  eight  hundred  ten  dollars  and  six  cents  has  been 
placed  to  the  credit  of  the  State  of  New  York,  in  the  books  pertaining  to  the  former  Government,  in  ledger,  page 

JOSEPH  NOURSE,  Register. 


9th  Congress.] 


No.  238. 


[1st  Session. 


DRAWBACK. 

COMMUNICATED    TO    THE     HOUSE   OF   REPRESENTATIVES,    DECEMBER    31,    1805. 

Mr.  Crowninshield  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures  having  considered  the  petition  of  John  Dorr,  of  Boston,  in  the 
State  of  Massachusetts,  referred  on  the  5th  instant,  submit  the  following  report: 
The  petitioner  states  that,  on  the  6th  of  August  last,  he  imported  into  the  district  of  Boston  and  Charlestown, 
in  the  ship  Jenny,  from  Antwerp,  fimr  boxes  of  Dutch  playing  cards,  the  duties  on  which  amounted  to  nine  hundred 
and  thirty-six  dollars.  Being  ignorant  of  the  existence  of  any  law  refusing  the  drawback  on  the  exportation  of  play- 
inf  cards,  the  petitioner  actually  shipped  the  cards  for  the  East  Indies,  and  applied  to  the  custom  house  to  receive 
the  debenture  certificates,  when  he  was,  for  the  first  time,  informed,  that  playing  cards  were  not  entitled  to  the  be- 
nefit of  drawback.     He  pleads  ignorance  of  the  law,  and  has  made  application  to  Congress  for  relief. 

The  committee  find  that  playing  cards  are  refused  the  drawback  on  exportation,  under  the  provision  of  "  the 
act  for  imposing  more  specific  duties  on  the  importation  of  certain  articles,"  &c.  passed  27tli  March,  1804,  which  act 
was  officially  received  by  the  collector  at  Boston,  on  the  1st  of  May,  and  went  into  operation  on  the  1st  day  of  July 
following.  From  certificates  exhibited  in  this  case,  it  appears  it  did  not  occur  to  the  collector,  at  the  time  of  ship- 
ment, tlfat  playing  cards  were  notentitled  to  the  drawback,  and  the  petitioner,  also,  was  unacquainted  with  the  law. 
The  committee  are  of  opinion,  however,  that  the  petitioner  ought  to  have  known  that  such  a  law  was  in  force.  It 
would  then  have  been  at  his  own  option  to  have  reported  the  cards  for  exportation,  and  in  this  case  they  might  have 
been  reshipped  in  the  same  bottom,  without  being  landed,  and  no  duties  whatever  could  have  been  demanded  upon 
them.  The  same  law  which  prohibits  the  drawback  on  playing  cards,  refuses  the  drawback  on  foreign  fish  and  fish 
oil.  The  importers  or  exporters  of  these  articles  might,  with  the  same  propriety,  urge  complaints  against  the  law,  and 
request  a  return  of  the  duties  in  cases  of  exportation.  If  the  drawback  on  playing  cards  is  granted,  it  would  be  fair 
to  return  it  on  all  the  foreign  fish  and  fish  oil  exported  since  the  act  went  into  operation.  There  appears  to  have 
been  ample  time  for  the  law  to  have  been  generally  known;  it  was  nearly  eighteeri  months  froni  its  passing  to  the 
time  of  the  exportation  of  the  playing  cards.  Although  the  committee  are  convinced  the  petitioner  was  not  in- 
formed of  the  existence  of  the  law,  and  although  they  are  of  the  opinion  that  his  situation  is  an  unfortunate  one,  yet, 
considering  the  necessity  there  is  of  preserving  uniformity  in  decisions  of  this  sort,  and  taking  into  view,  also,  the 
danger  that  would  arise  to  the  revenue,  in  repealing  the  law  in  this  particular  instance,  without  extending  it  to  the 
other  articles  named  in  the  same  act,  they  are  satisfied  that  the  relief  prayed  for  ought  not  to  be  granted,  and 
recommend  that  the  petitioner  have  leave  to  withdraw  his  petition. 


1806.]  THE    MINT.  I55 


9th_Co>rGRESsJ  No.    239.  [1st  Sessiojj. 


M  I  N  T. 


COMMUNICATED    TO    THE    SENATE,    JANUARY   15,    1806. 

To  the  Senate  and  House  of  Representatives  of  the  United  Slates: 

I  communictate,  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operations  of 
that  institution  during  the  last  year. 


January  15,  1806. 


TH:  JEFFERSON. 


Mint  of  the  United  States,  Philadelphia,  January  3d,  1806. 


Agreeably  to  former  practice,  I  have  the  honor,  at  the  commencement  of  the  present  year,  to  lay  before  vou  a 
statement  of  the  issues  from  the  mint  of  the  United  States,  and  the  expenses  of  the  institution,  during  the  past  "year: 
and  conceiving  that  it  might  not  prove  unacceptable,  the  treasurer  has,  at  my  request,  drawn  up,  and  exhibited,  in 
one  comprehensive  view,  schedule  No.  4.  a  statement  of  all  the  gold,  silver,  and  copper  coins,  struck  at  the  mint, 
from  the  commencement  of  its  operation  till  the  present  time. 

From  this  statement,  it  appears  that,  of  gold  coins  issued  from  the  mint,  the  whole  amount  is  2,613,972i  dollars;  of 
silver  coins,  1,953,9171  dollars:  and  of  copper  coins,  179,453  dollars  47,i  cents:  making  the  total  amount  4,747,343 
dollars  72h  cents;  and  the  total  number  of  pieces  •3-2.594, 83-2. 

During  the  last  year,  as  will  appear  in  particular  detail  from  schedule  No.  1,  there  have  been  struck  at  the  mint, 
of  gold  coins,  34,964  pieces,  amounting  in  value  to  170,367d  dollars;  of  silver  coins,  469,496  pieces,  value  149,0671 
dollars;  and  of  copper  coins.  1,755,580  pieces,  value  13,483  dollars  48  cent*;  making  the  total  number  of  pieces  of 
the  precious  metals  504.460.  and  of  copper  coins  1,755,580:  and  the  total  value  332,918  dollars  48  cents.  This 
amount  is  indeed  somewhat  less  than  that  of  the  preceding  year,  (S371,827  94)  yet  the  number  of  pieces  is  mucii 
greater,  being  all  of  the  smaller  coins;  and  this  latter  circumstance  will  readily  account  for  the  small  difter- 
ence  in  value;  since  the  labor  and  time  necessary  to  prepare  and  strike  an  equal  number  of  large  and  small  pieces  of 
coin,  will  be  nearly  equal. 

Of  the  precious  metals,  the  number  of  pieces  coined  in  the  last  year  far  exceeds  that  in  any  former  year  since  the 
establishment  of  the  mint;  indeed,  it  is  considerably  more  than  double  of  what  it  has  been  in  any  one  of  the  four  last 
years. 

The  striking  of  small  coins  is  a  measure  \yhich  has  been  adopted  to  accommodate  the  banks  and  other  depositors, 
and  at  their  particular  request,  both  with  a  view  of  furnishing  a  supply  of  small  change,  and  to  prevent  the  exporta- 
tion of  the  specie  of  the  United  States  to  foreign  countries. 

I  am  authorized,  sir,  to  assure  you,  that  the  Bank  of  the  United  States  (with  perhaps  the  other  banks  in  this  city) 
will  furnish  tlie  mint  an  ample  supply  of  bullion  during  the  current  year;  and  to  avoid,  as  far  as  practicable,  all 
inconvenient  delay  in  the  issue  of  coins.  I  am,  with  your  approbation,  about  to  employ  a  few  additional  workmen. 
The  utmost  economy,  however,  in  the  expenses  of  the  institution,  will  be  carefully  observeil. 

The  schedule  No.  3  exhibits  an  abstract  of  the  expenditures  of  the  mint  during  the  last  year.  From  this  it  will 
be  observed  that  the  contingent  expenses,  in  the  last  six  months,  have  been  pretty  considerable.  This  has  arisen 
from  sundry  repairs,  particularly  of  the  stable,  coal  house,  a  pair  ot  rollers,  and  one  of  the  coining  presses,  which 
could  no  longer  b?  dispensed  with,  but  which  will  not  again  occur  in  many  years. 

Schedule  No.  2  exhibits  a  general  statement  of  the  gain  on  the  copper  coinage  for  the  last  year,  amounting  to 
$2,187  68,  exclusive  of  51  dollars  96  cents  of  spoiled  planchettes,  used  in  the  alloy  of  the  precious  metals. 
This  gain  would  have  been  still  greater,  had  not  the  planchettes  proved  to  be  somewhat  over  weight,  though  the 
late  Director  had  given  the  most  particular  charges  and  instructions  on  this  head  to  the  person  of  whom  they  were 
purchased . 

I  have,  sir,  the  honor  to  be,  with  the  greatest  esteem,  your  most  obedient  servant, 

ROBERT  PATTERSON,  Director. 
To  the  President  of  the  United  States. 


22  tt 


166 


FINANCE. 


[1806. 


No.  1. 


Jin  abstract  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  of  January  to  Slst  December,  1805, 


SILVER. 

Half  Dollars. 

Quarter  Dolls. 

Dimes. 

Half  Dimes. 

Dolls.   Cts. 

Totals. 

Quarter  ending  in  March,    - 
"           "          June, 
"           "          September,      - 
"           "          December, 

51,388 
24,260 
51,200 

84,874 

65,726 
55,668 

67,540 
53,240 

15,600 

25,694  00 
28,561   50 
46,271   00 
48,541   00 

469,496  pieces  of  silver  coins. 

211,722 

121,394     !       120,780 

15,600 

Total  amount  of  silver  coins. 

$149,067  60 

GOLD. 

Half  Eagles. 

Qua'r  Eagles. 

Dolls.   Cts. 

Quarter  ending  in  March, 
"           "          June, 
"           "          September, 
- «           "          December, 

- 

- 

6,660 

1,423 

20,576 

4,524 

- 
1,781 

33,300  00 
7,115  00 

102,880  00 
27,072  50 

34,964  pieces  of  gold  coins,    - 

33,183 

1,781 

Total  amount  of  gold  coins, 

170,367  50 

COPPER. 

Cents. 

Half  Cents. 

Dolls.   Cts. 

Quarter  ending  in  March, 
"            "          June, 
"           "          September, 
"            "          December, 

J,260,040. 

- 

108,000 
187,500 
301,000 
344,616 

439,000 
255,464 

120,000 

3,275  00 
3,152  32 
3,010  00 
4,046  16 

1,755,580  pieces  of  copper  coins. 

941,116 

814,464 

Total  number  of  pieces  of  coin,  S 

To 

■      13,483  48 

mint  in  1805, 

Amount  of 

all  the  coins 

struck  at  the 

$332,918  48 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1805. 


BENJAMIN  RUSH. 


1806.] 


THE    MINT. 


167 


No.  2. 

A  Statement  of  the  gain  on  Copper  coined  at  the  Mint  of  the  United  States,  from  the  1st  January  to  the  3lst 

December,  1805. 


1804. 

Dec'r.  31, 

- 

11,941  66.5 

Amount  remaining  in  hands  of  the  chief  coiner,  as  per 
abstract  rendered,  on  which  there  was  a  profit  of 

2,221  10.5 

1805. 

June  29, 

Deduct,  returned  by  him  in   spoiled  half 
cent  planchettes,    -            -            -           28  00 

Allowed  him  for  difference  in  weight  of 
the  half-cent  planchettes,  -            -           84  26 

-11"  26 

Being  part  of  the  invoice  of  copper  de- 

livered him  28th  Nov.  1804. 

Nov.  6, 

Returned  by  the  chief  coiner,  in  spoiled 
cent  planchettes,             -            -            -    23  96 
Allowed  him  for  difference  of  weight  on 

the  cent  planchettes,               -            -    81  96.5 

...  105  9"^  5 

11,723  48 

218  18.5 

Being  part  of  the  same  invoice.                          

218  18.5 

''    11, 

- 

18,920  83 

Amount  of  the  invoice  of  copper  entered  31st  Dec.  1804, 
and  delivered  to  the  chief  coiner  for  coinage  this  day,  on 
which  there  was  a  profit  of                -               -               - 

2,002  92 

2,002  92 

June  19, 

- 

Deduct  so  much  short  entered  of  the  cost  of  said  invoice, 
on  31st  Dec.  1804,             -            .            .            .            . 

16  71 

Dec'r.  31, 

17  160  83 

1,760  00 

So  much  yet  remaiiiing  in  the  hands  of  the  chief  coiner, 
uncoined,  which  will  take  a  proportion  of  above  profit,  of 

1  986  21 

1,801  45 

184  76 

13,483  48 

_ 

Amount  of  copper  coined  in  1805. 

Amount  of  profit  gained  in  coining  said  sum, 

a, 

$2,187  68 

Mint  of  the  United  States, 

Treasurer's  Office,  Philadelphia,  3lst  December,  1805. 


BENJAMIN  RUSH. 


No.  3. 

An  Abstract  of  the  Expenditures  of  the  Mint  of  the  United  States,  from  1st  January  to  3lst  December,  1805. 


Quarter  ending  in  March, 
Ditto.           June,    - 
Ditto,           September, 
Ditto,            December, 

Salaries. 

Wages. 

Incidental. 

Totals. 

1805. 

2,650 
2,650 
2,650 
2,650 

1,075  67 
1,140  67 
1,291  58 
1,236  34 

280  80 
503  24 
678  70 
880  90 

4,006  47 
4,293  91 
4,620  28 
4,767  24 

$10,600 

$4,744  26 

$2,343  64 

$17,687  90 

Mint  of  the  United  States, 

Treasurer''s  Office,  Philadelphia,  3lst  December,  1805. 


BENJAMIN  RUSH. 


168 


'<.'' 


FINANCE. 


1806, 


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1806.] 


DUTIES   AND  DRAWBACKS. 


169 


9th  Congress.] 


No.  240. 


[1st  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY   IG,   ISOti. 

Sir:  Treasury  Department,  January  15,  1806. 

In  obedience  to  the  permanent  orilor  of  the  House  of  Representatives,  passed  on  the  third  of  March  1797  I 
have  the  honor  to  transmit  a  statement  exhibiting  tiie  amount  of  duties  and  (h-a\vbacks  on  goods,  wares,  p'nd  mer- 
chandise, imported  into  the  United  States,  and  exi)orted  therefrom,  during  the  years  180-3,  1803,  and  180l! 

I  have  the  iionor  to  be,  very  respectfully,  sir,  your  obedient  servant. 


The  Hon.  the  Speaker  of  the  House  of  Representatives. 


ALBERT  GALLATIN. 


./?  Statement  exhibiting  the  amount  of  Brau-back  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1802,  1803,  and  1804,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IS  THE  TEAR  1802. 

IN-  THE  YEAH  1803. 

I!f  THE  TEtn   1804. 

SPECIES  OF  JIEBCHAXDISE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

p.ayahle. 

receiveil. 

])ayable. 

On  Merchandise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

OnllaiS. 

Paviiii>-a  duly  of  12^  per  cent,  ad  val. 

3,318,075 

513,459 

3,399,781 

243,765 

1,794,697 

308,011 

■    Do   ■     '       13J 

do 

270,171 

99,808 

185,568 

24,757 

64,427 

29,790 

Do               15 
Do               15i 

do 
do 

1,170,338 

67,635 

1,104,355 

25,005 

3,374,397 
40 

247,857 

■  ,                Do               16^ 

do 

102,604 

8,561 

68,634 

4,216 

223,422 

56,897 

Do               17i 

do 

- 

- 

- 

- 

678,035 

27,053 

Do               Wi 

do 

- 

- 

- 

- 

41,151 

8,284 

Do               20 

do 

73,125 

6,010 

67,857 

1,309 

32,986 

2,850 

Do               22 

do 

25,798 

2,092 

13,126 

870 

4,060 

748 

Do               22^ 

do 

- 

- 

- 

- 

49,048 

1,5U5 

Do               24;^ 

do 

— 

— 

- 

- 

11,083 

342 

Do               40 

do 

- 

182 

Wines,  Madeira, 

- 

145,741 

12,864 

196,857 

19,934 

238,982 

29,952 

Burgundy  and  Cli; 

impaigne,  - 

2,464 

586 

1,868 

138 

862 

65 

Sherry, 

_             - 

268,573 

4,829 

1 

St.  Lucar,     - 

- 

650 

^     131,358 

5,221 

225,888 

4,153 

Claret, 
Lisbon,           - 

-             - 

63,906 

767 

^-       52,619 

- 

:           61,992 

32,027 

Oporto, 

_             - 

20,515 

1,410 

77,921 

1,371 

Tenerift'e  and  Fay 

^1, 

107,318 

4,575 

T 

Malag-a, 

71,835 

f     120,849 

1,837 

135,692 

2,030 

All  other,      - 

- 

175,889 

130,639 

246,398 

104,119 

729,615 

425,287 

Spirits,  Foreign,  distilled  fi 

om  graiii,  - 

237,069 

18,584 

36:1,802 

19,715 

422,002 

85,354 

Do.              from  other  materials, 

2,179,805 

104,063 

2,367,804 

84,961 

2,987,528 

248,572 

Domestic  from  domestic  do.     - 

87 

- 

- 

_ 

8 

Molasses,      - 

- 

353,431 

1,706 

303,584 

629 

328,412 

1,579 

Beer,  Ale,  and  Porter, 

- 

15,751 

544 

14,919 

201 

10,039 

376 

Tea,  Boliea, 

- 

221,651 

50,047 

453,351 

216,337 

58,378 

6,753 
124,540 

Sonchong,           - 

- 

117,395 

88,069 

134,792 

90,854 

293,262 

Hyson,  -             - 

- 

110,436 

60,903 

96,591 

13,369 

179,433 

Other  Green,     - 

- 

292,488 

139,099 

245,517 

85,809 

145,611 

16,195 

CofTee, 

- 

1,682,439 

1,284,376 

948,672 

499,251 

3,001,066 

2,601,646 

Cocoa,           -             - 

- 

29,526 

28,096 

22,664 

11,755 

26,511 

11,213 

Chocolate,     - 

-             - 

175 

4 

46 

_ 

42 

1 

Siig-ar,  Brown, 

- 

1,821,117 

717,353 

1,969,256 

709,499 

2,990,008 

1,586,751 

White  Clayed, 

- 

196,581 

252,026 

245,587 

150,639 

299,482 

253,052 

Loaf  and  Candy, 

-             - 

1,161 

172 

~,OOJ 

525 

551 

Other  refined. 

-             - 

35 

_ 

47 

_ 

13 

Almonds,       - 

- 

- 

- 

_ 

1,182 

113 

Currants, 

-             - 

- 

- 

_ 

_ 

251 

Prunes  and  Plums,     - 

- 

- 

- 

- 

- 

2,005 

352 

Figs, 

-             - 

— 

- 

- 

- 

148 

Raisins  in  jars  and  boxes, 

- 

- 

- 

- 

- 

2,911 

58 

Do     all  other. 

-             - 

- 

- 

- 

_ 

190 

Candles,  Tallow, 

- 

1,297 

1,847 

548 

117 

890 

546 

Wax. 

- 

95 

- 

185 

75 

347 

90 

Cheese, 

- 

28,382 

21,056 

9,331 

4,309 

16,835 

7,681 

Soap,              -              - 
Tallow, 

- 

8,906 

11,300 

3,837 

2,981 

27,283 

15,444 

~            ~ 

~ 

— 

— 

— 

5,935 

Spices,  Mace, 

- 

- 

- 

- 

- 

896 

11 

Nutmegs,      - 

-             - 

- 

- 

- 

- 

4,667 

112 

Cinnamon,     - 

-             - 

- 

- 

- 

- 

621 

Gloves,           - 

- 

- 

- 

- 

- 

2,632 

1,742 

Pepper, 

- 

371,505 

335,258 

244,673 

130,246 

374,521 

343,595 

Pimento, 

- 

11,523 

2,010 

35,034 

14,042 

22,727 

17,942 

Chinese  Cassia, 

- 

- 

- 

- 

- 

2,169 

573 

Tobacco, 

- 

22,533 

1,220 

12,417 

60 

4,688 

202 

Snuff, 

- 

1,050 

270 

2,125 

1,633 

2,236 

772 

Indigo,           - 

- 

78,589 

91,442 

37,321 

3,532 

76,060 

39,774 

Cotton,          - 
Powder,  Hair, 

~             ~ 

101,699 

93,301 

98,692 

85,028 

83,483 
34 

81,815 
14 

Gun,              - 

Starch, 

~            ~ 

~ 

: 

- 

- 

11,891 
148 

1,529 
6 

Glue, 

-             - 

- 

_ 

_ 

^ 

714 

Pew  ter  Plates  and  Dishes, 

- 

- 

- 

- 

- 

1,965 

170 


FINANCE. 


[1806. 


STATEMENT— Continued. 


IN    THE  TEAR  1802. 

IN  TUE  TEAK   1803. 

IN  THE  TEAR  1804. 

SPECir.S  OF  MEHCHANDISK. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback. 

received. 

payable. 

received. 

payable. 

received. 

payable. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars, 

Dollars. 

AticIioi's  :ind  Slieet  Iron, 

- 

- 

- 

- 

4,180 

Hoop  and  Slit  Iron,                 - 

- 

- 

- 

- 

154 

Nails,              -             -             -             - 

69,250 

6,101 

74,593 

3,063 

83,309 

6,683 

Spikes,          _            _             -             _ 

3,194 

213 

3,485 

32 

2,795 

34 

Quicksilver,  -            -            -            - 

- 

- 

- 

- 

136 

Paint,  Ocre,  Yellow,  in  Oil,    - 

- 

- 

- 

- 

262 

6 

Dry  Yellow,    -             -             - 

- 

- 

- 

- 

1,568 

104 

Spanish  Brown, 

- 

- 

- 

- 

1,433 

White  and  Red  Lead, 

- 

- 

- 

- 

18,109 

537 

Lead,  and  manufactures  of,    - 

15,178 

2,629 

26,975 

696 

38,646 

777 

Seines,           _            -            -            _ 

- 

- 

- 

- 

163 

Cordage,  Tarred,      -            -            - 

20,963 

6,935 

15,248 

771 

10,234 

4,175 

Do.        Untarred,  and  Yarn, 

2,395 

8 

2,350 

- 

2,989 

18 

Cables,           _             _             -             _ 

1,783 

166 

2,839 

- 

1,182 

87 

Steel,             _             -            -             _ 

12,202 

753 

7,811 

48 

10,198 

Hemp,           _             -            -            _ 

83,446 

- 

123,217 

- 

81,358 

Twine  and  Pack-thread, 

6,663 

192 

7,940 

11 

11,012 

333 

Glauber  Salts,            _             _             _ 

1,756 

- 

2,388 

4 

1,360 

5 

Salt,               _            -            -             _ 

792,838 

6,607 

721,355 

4,561 

686,799 

5,992 

Coal,              _             _             -             _ 

23,388 

- 

21,957 

298 

14,063 

Fish,  Dried,  -             -             -             - 

- 

- 

- 

- 

19,855 

Salmon,               _             _             _ 

- 

- 

- 

- 

5,266 

Mackerel,          _            -             _ 

- 

- 

- 

- 

4,971 

All  other,           _             _             _ 

- 

- 

- 

- 

2,519 

Glass,  Bottles,             _            _            _ 

- 

- 

- 

- 

5,681 

685 

Window,          _             _             _ 

- 

- 

- 

- 

15,778 

224 

Cigars,          _            _            -             - 

- 

- 

- 

- 

13,054 

4 

Lime,             _             _             -             - 

- 

— 

- 

— 

130 

Boots,             _             _             _             - 

3,663 

230 

3,534 

145 

2,861 

313 

Shoes  and  Slippers  of  Silk, 

2,393 

461 

996 

360 

1,438 

244. 

Do.  all  other,         _             -             - 

11,150 

1,048 

9,067 

329 

9,593 

1,874 

Cards,  Wool  and  Cotton, 

141 

- 

5 

- 

24 

5 

Do.  Playing,           _             _             - 

15,039 

17,155 

1,620 

1,347 

992 

381 

Dollars, 

14,766,990 

4,197,256 

14,227,778 

2,569.813 

20,186,185 

6,686,483 

Tbeasuht  Department,   Register's  Office,  January   14,    1806. 


JOSEPH  NOURSE,  Register. 


9th  Congress.] 


N6.  241. 


[1st  Session 


REMISSION   OF    DUTIES. 

,  COMMUNICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,    JANUARY    20,    1806. 

Mr.  Crowninshield  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures  having  considered  the  petition  of  Elizabeth  Peckham,  of  North 
Kingston,  in  the  State  of  Rhode  Island,  widow  of  Benedict  Peckham,  referred  to  them  by  the  House  of  Represen- 
tatives, on  the  11th  of  December,  submit  their  report: 

The  petitioner  states  that  her  husband.  Benedict  Peckham,  in  the  month  of  August,  1801,  sailed  from  Rhode 
Island,  on  a  voyage  to  the  West  Indies,  and  imported  from  thence,  into  Wasliington  district.  North  Carolina,  about 
twenty-two  hogsheads  of  rum,  and  there  entered  and  landed  the  same,  and  gave  bond  with  William  Ross,  as  surety 
for  the  duties,  amounting  to  six  hundred  and  eighteen  dollars  and  forty-four  cents.  That  the  markets  not  answer- 
ing tlie  expectations  of  the  said  Peckham.  he  re-shipped  the  said  rum,  and  took  passage  therewith  himself  for  New 
York,  about  the  18th  of  February,  1802.  That,  soon  after,  a  violent  storm  came  on,  and  without  doubt  the  vessel  and 
every  person  on  board  were  lost,  as  they  have  never  been  heard  of  since  that  time.  Tliat  the  said  Ross  was  obliged_ 
to  pay  the  duties  on  the  rum,  and  commenced  his  action  therefor,  and  attached  a  dwelling  house  and  four  acres  of 
land,  situated  in  North  Kingston,  in  Rhode  Island,  on  which  the  petitioner  resided  with  her  children,  and  obtained 
judgment  on  his  suit,  and  caused  the  house  and  land  to  be  sold  at  auction.  The  petitioner  further  states,  that  the 
said  Peckham,  died  in  debt  to  the  amount  of  the  remainder  of  his  estate,  and  that  she  with  her  six  children  are 
turned  out  of  their  home,  in  consequence  of  this  decision. 

The  petitioner  prays  that  the  amount  of  the  duties  on  the  twenty-two  hogsheads  of  rum  may  be  refunded. 
The  committee  consider  this  as  a  hard  case,  and  if  their  humanity  alone  was  to  be  consulted  on  the  occasion, 
they  could  not  hesitate  to  recommend  that  the  wished  for  relief  should  be  granted;  but  they  cannot  venture  to  recom- 
mend a  deviation  from  the  invariable  practice  of  the  House,  on  all  similar  applications.  The  decisions  have  been 
founded  on  strict  commercial  justice.  When  articles  are  imported  and  bonded  at  the  custom  house,  the  duties  form 
a  part  of  their  value,  and  immediately  become  an  insurable  interest.  In  the  case  under  consideration,  the  rum 
might  have  been  insured,  (although  it  is  not  stated  that  it  was  insured)  and  the  loss  would  have  fallen  on  the  under- 
writers. It  is  true  it  was  not  consumed  in  the  country;  this,  however,  ought  not  to  make  any  difterence,if  it  is  con- 
sidered that  the  article  was  going  from  port  to  poit  in  the  United  States,  with  coasting  documents,  no  bonds  hav- 
ing been  given  to  export  it  to  a  foreign  country.  If  this  claim  is  allowed,  it  would  be  equally  fair  to  refund  the  du- 
ties on  all  goods  which  may  receive  damage  after  importation,  and  previous  to  their  consumption,  and  even  in  cases 
of  loss  by  fire,  stoniis,  and  from  every  accident  or  injury  whatever. 

Considering,  therefore,  the  danger  that  would   arise  from  innovating  upon  the  revenue  system  of  the  United 
States,  in  a  principle  of  this  magnitude,  the  committee  are  induced  to  otter  the  following  resolution: 
Resolved,  That  the  petitioner  have  leave  to  withdraw  her  petition. 


1806.]  REMISSION    OF    FOREIGN    TONNAGE    DUTIES.  I7] 


9th  Congress.]  ^^^    242.  [1st  Session. 

PROTECTING    DUTIES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANIIARV  21,   1806. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of 
Nathaniel  Goodwin  and  others,  manufacturers  of  iron  hollow  ware,  in  the  State  of  Massachusetts,  made  the  fol- 
lowing report: 

The  petitioners  state  that  they  are  engaged  in  the  manufacture  of  iron  hollow  ware,  and  as  the  United  States 
are  amply  furnished  with  the  materials,  and  blast  furnaces,  to  supply  their  inhabitants  with  that  article,  they  pray 
that  an  additional  duty  may  be  imposed  upon  all  iron  hollow  ware,  imported  from  foreign  countries.       ' 

The  committee  find  that,  under  existing  laws,  this  article  is  subject  to  a  duty  of  seventeen  and  a  half  per  cent. 
ad  valorem,  on  importation  into  the  United  States  in  American  vessels;  and  if  imported  in  vessels  7iot  of  the  United 
States,  it  is  charged  with  the  additional  duty  often  per  cent,  on  the  duty:  making  the  duty,  in  this  case,  amount  to 
nineteen  and  one  quarter  percent,  on  the  invoice  value. 

There  are  no  documents  within  the  reach  of  the  committee  that  show  the  quantity  of  iron  ware  imported  indi  the 
United  States,  in  any  one  year — goods,  wares,  and  merchandise,  paying  the  ad  valorem  duty,  not  being  particularly 
designated  in  the  returns  trom  the  collectors  of  the  customs:  but  it  is  believed  the  quantity  and  value  have  not  been 
very  considerable  for  some  years  past  It  catinot  be  doubted  that  the  United  States  are  in  possession  of  the  mate- 
rial for  making  iron  hollow  ware.  The  native  ore  is  in  abundance  in  many  parts  of  the  country,  and  already  furna- 
ces have  been  established,  which  bid  fair  to  furnish  the  fullest  supply  of  that  article.  The  protectins;  duty  impose<l 
on  tiie  foreign  iron  ware,  holds  out  to  the  skilful  manufacturer  every  encouragement  he  can  reasonably  ask  for  If 
this  duty  was  deemed  too  moderate,  and  not  sufficiently  high  to  give  a  preference  to  the  domestic  manufactuie,  the 
committee  would  deem  themselves  authorized  to  propose  a  further  augmentation.  The  articli'  being  not  only  bulky 
but  of  considerable  weight,  mus^t  be  subject  to  a  high  freight  in  proportion  to  its  prime  cost:  if  to  this  is  added 
the  commissions  for  purchase  in  Europe,  the  insurance,  and  other  shipping  charges,  with  the  duties  payable  on  its 
importation  here,  it  will  be  found  that  the  foreign  article  comes  burthened  sufficiently  to  give  a  decided  advantage 
to  the  American  manufacturer.  Surely  the  petitioners  do  not  wish  to  claim  a  monopoly.  A  preference  they'ougfit 
to  have,  and,  so  far  as  encouragement  has  been  given  to  American  manufactures  generally,  the  article  in  question 
is  charged  with  the  highest  rate  of  duties,  with  a  very  few  exceptions. 

If  Congress  had  determined  to  impose  higher  duties  on  imports,  with  a  view  of  raising  additional  revenue,  or  to 
countervail  the  extraoi-dinary  impositions  of  other  countries,  it  would  be  sound  policy  to  single  out  such  articles  as 
could  be  readily  manufactured  in  the  United  States:  and  by  making  a  just  discrimination,  allmight  derive  a  benefit 
and  none  be  injured:  but  as  the  House  have  only  authori/.ed  the  committee  to  report  on  the  subject  matter  of  the 
petition,  and  as  they  are  satisfied  that  the  petitioners  may  receive  a  pieference  in  the  market  for  their  manufacture 
so  far  as  cheapness  and  the  quality  of  the  article  will  give  it  to  them,  when  put  in  competition  with  the  forei°-n 
article,  they  are  of  opinion  that  it  is  at  this  time  inexpidimt  iv>  augment  the  duty  on  iron  hollow  ware  imported  inio 
tlie  United  States.     And  the  committee  recommend  ihat  the  petitioners  have  leave  to  withdraw  their  petition 


:e 


9th    Congress.]  No.    243.  [1st  Session. 


REMISSION    OF    FOREIGN    TONNAGE    DUTIES. 

COMMUNICATED  TO    THE  HOUSE    OF    REPRESENTATIVES.  ON  THE  3d  OF  FEBRUARY,  1806. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred,  on  the  8th  in- 
stant, the  petition  of  Francis  Ainory,  merchant,  of  Boston,  Massachusetts,  made  the  following  report: 
The  following  facts  are  stated  in  the  documents  accompanying  the  petition.  That  the  petitioner  was  the 
owner  of  the  ship  Astrecu  an  American  vessel,  commanded  by  Solomon  Stanwood.  which  sailed  from  Batavia.  in  the 
month  of  December,  1804,  bound  to  Boston,  and  loaded  with  a  cargo  of  sugar  and  coffee.  Tliat.  on  the  17th' of  Ja- 
nuary following,  being  then  in  the  Indian  ocean,  the  ship  experienced  a  violent  hurricane,  and  was  dismasted  and 
otherwise  so  wrecked  and  disabled,  as  to  be  obliged  to  put  into  the  Isle  of  France,  for  the  preservation  of  the  lives  of 
the  crew,  and  the  property  on  board.  That,  upon  examination  in  that  island,  finding  the  ship  not  sea-worthy  and 
that  it  was  impossible  to  repair  her,  except  at  an  expense  of  sixteen  or  seventeen  thousand  dollars,  which  <'reitly 
exceeded  her  then  value,  the  master  was  obliged  to  abandon  her,  and  she  was  condemned  and  sold  for  the  benefit  of 
the  underwriters,  and  all  concerned.  The  master  and  supercargo  now  state,  that,  as  no  American  bottom  could  be 
obtained,  to  transport  the  cargo  to  America,  they  chartered  the  Swedish  ship  Pelee,  and  shipped  the  same  in  that 
vessel,  to  Boston,  where  she  lately  arrived.  The  collector  of  Boston  charged  the  alien  or  foreign  duty  on  the 
Pelce's  cargo,  as  she  was  a  foreign  ship,  and  it  is  this  additional  duty  which  the  petitioner  is  desirous  should  be  re- 
mitted to  him.  upon  the  ground  that  the  cargo  was  originally  shipped  in  an  American  vessel,  and  that  the  change  of 
bottom,  which  subsequently  took  place,  was  an  act  of  necessity  beyond  his  control,  and  for  which  he  ou^htnot  to 
suffer.  * 

It  will  be  observed  by  the  House,  that  the  car^o  in  question  was  actually  imported  into  the  United  States  in  a 


foreign  ship,  and  it  is  known  that  the  character  of  the  ship  determines  the  amount  of  duties  payable  upon  the  car-^o 
imported  in  her.  The  cargo  may  be  American  property,  but,  if  the  ship  is  sailing  underaforeign  Hag,  <>r  even  under 
the  flag  of  the  United  States,  and  is  not  furnished  with  an  American  register,  the  cargo  is  liable  to  the  extra  duty 
alluded  to,  and  the  ship  herself  is  charged  with  the  foreign  tonnage  duty.  By  the  laws  now  in  force,  it  will  be'  found 
that  all  goods,  wares,  and  merchandise,  imported  into  the  United  States,  in  vessels  not  of  the  United  States  are 
subject  to  pay  the  addition  of  ten  per  cent,  on  the  amount  of  duty,  chargeable  upon  similar  articles  imported  in 
American  vessels.  The  following  statement  will  point  out  the  difference  of  duty  between  a  foreign  and  an  Ameri- 
can ship,  and  their  respective  cargoes,  upon  entering  a  port  of  the  United  States. 

American  Ship. 
For  instance:     A  cargo  is  imported  from  a  foreign  port  or  place,  in  an  American  vessel,  and  the  duty  amounts 
Tonnage  duty  for  the  ship,  supposed  to  be  of  the  burthen  of  200  tons,  at  six  cents  per  ton,  -  '  12  00 

Duty  on  the  cargo,  imported  in  the  American  ship,  including  her  duty  of  tonnage,  -  $i^oi2  00 


$1,000  00 

100  00 

100 

00 

100 

00 

$1,300 

00 

172  FINANCE.  L1806. 

Foreign  Ship. 

If  we  presume  the  cargo  to  be  imported  in  a  vessel  not  of  the  United  States,  the  first  duty  is 

To  which  add  tlie  ten  per  cent,  additional  duty  for  foreign  vessels,  .  -  .  - 

Add,  also,  the  foreign  tonnage  for  200  tons,  at  50  cents  per  ton,     -  -  -  -  - 

And  the  foreign  light  money,  for  the  same  tonnage,  at  50  cents  per  ton,    -  -  -  - 

The  amount  of  tonnage  and  the  light  money,  for  the  foreign  ship  and  the  duty  on  her  cargo,  will  be, 

Here,  it  is  manifest,  the  advantage  is  on  the  side  of  the  American  vessel,  in  our  own  ports;  but  the  disadvantages 
our  vessels  suffer  in  foreign  ports,  from  the  extraordinary  impositions  on  our  commerce  and  shipping,  more  than 
counterbalance  the  trifling  additional  expenses  to  which  foreign  vessels  are  subject  upon  entering  the  ports  of  the 
United  States;  and  if  the  United  States  should,  at  once,  repeal  all  the  alien  or  additional  duties  payable  by  foreign 
ships,  both  on  imports  and  tonnage,  upon  the  condition  that  otlier  nations  would  adopt  the  same  liberal  and  just  po- 
licy towards  American  ships  and  cargoes,  when  entering  their  ports,  placing  them  on  an  equal  footing  with  their 
own,  commerce  would  be  free  from  some  of  the  shackles  with  which  it  is  at  present  burthened,  and  a  fair  competi- 
tion, in  every  market,  would  soon  determine  who  could  afford  to  sell  cheapest.  This  is  all  that  is  wanted,  to  give 
to  American  shipping  and  commerce  the  free  scope  to  enterprise,  and  a  ready  and  advantageous  sale  of  our  produc- 
tions, with  cheap  returns  for  the  consumer.  The  committee  have  been  led  to  make  these  observations,  previous  to 
giving  their  opinion  on  the  present  application  for  a  remission  of  the  additional  duties  imposed  on  the  cargo  of  a 
foreign  ship.  They  seemed  to  have  a  bearing  on  tlie  subject,  and  are  supposed  to  be  of  some  importance,  from  a 
considei'atmn  that  it  would  be  inexpedient  to  allow  such  a  claim,  without,  nrst,  repealing  the  discriminating  law. 

If  the  duty  on  the  cargo  is  retuined,  it  would  certainly  be  as  lair  to  return  the  foreign  tonnage  duties  on  the  ship. 
The  committee  are  not  informed  of  any  one  instance,  where  either  has  been  done.  It  is  true,  this  was  a  constrained 
importation,  but  It  is  already  seen,  if  the  cargo  had  been  brought  in  any  unreglsteretl  vessel  of  the  United  States,  it 
must  have  been  charged  with  the  additional  duty.  The  cargo  came  fiom  a  foreign  port,  ■  and  was  of  foreign  produc- 
tion, and  Imported  in  a  foreign  built  vessel.  It  having  been  once  on  board  an  American  ship,  seems  to  make  very 
little  difference  in  its  favor.  It  ought  to  give  it  no  new  or  extraordinary  privileges.  Let  the  committee  be  allowed 
to  reverse  the  case,  and  to  suppose  the  Aatrea  had  been  the  foreign  ship,  and  the  PeJec  the  American  ship,  and  all 
the  other  circumstances  had  been  similar  in  every  respect.  The  cargo  then  is  imported  in  the  Pclee,  entitled  to 
American  privileges,  when  it  might  have  been  imported  in  the  Aslreu^  if  no  accident  iiad  happened  to  her  on  the 
voyage.  Sliould  the  American  or  foreign  duties  be  charged  on  such  an  Importation?  Surely  the  American  duties. 
And  would  it  not  have  been  manifestly  unjust,  to  have  charged  the  owner  with  the  foreign  duties  on  the  cargo  of  the 
American  ship,  merely  because  it  was  taken  from  a  foreign  ship.''  And  yet,  if  the  principle  is  correct  in  one  case,  it 
must  be  so  in  the  other.  If,  however,  the  transshipmesit  had  been  made  at  sea,  from  an  American  to  a  foreign  ship, 
under  circumstances  of  eminent  distress,  it  would  have  placed  the  claim  on  somewhat  higher  ground:  but,  even  in 
this  case,  the  committee  would  hardly  have  felt  themselves  authorized  to  propose  a  return  of  the  additional  duties. 
The  amount  of  the  duty  on  this  importation  is  not  stated  in  any  documents  accompanying  the  petition.  If  the  cargo 
was  reexported,  the  ten  per  cent,  additional  duty  was  retained,  besides  the  usual  three  and  a  half  per  cent,  de- 
ducted from  the  drawback. 

The  committee  are  satisfied,  if  this  claim  was  allowed,  it  would  lead  to  many  others  of  a  similar  nature;  and,  the 
law  being  clear  and  explicit  on  this  head,  they  are  of  opinion  that  the  House  ought  not  to  grant  the  prayer  of  the 
petitioner,  and  they  recommend  that  he  should  have  leave  to  withdraw  his  petition,  with  the  documents  accompa- 
nying it. 


9th  Congress.]  ^O.  244.  [1st  Session. 


SINKING   FUND. 

COMMUNICATED  TO  THE  SENATE,  FEBRUARY  5,  1806. 

,  Washington,  February  5,  1806. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 
That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  report  of  5th  of  February,  1805, 
so  far  as  the  same  have   been   completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury  to  this 
Board,  dated  the   fourth  day  of  the  present  month,  and   in  tiie  statements  therein  referred  to,  which  are  herewith 
transmitted,  and  prayed  to  be  received  as  part  of  this  report. 

GEORGE  CLINTON,  President  of  the  Senate. 
JOHN  MARSHALL,  Chief  Justice. 
JAMES    MADISON,    Secretary  of  State. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
JOHN  BRECKINRIDGE,  .Attorney  General. 
The  President  of  the  Senate. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  remaining  unexpended  at  the  close  of  the  year  1803,  and  applicable  to  payments  fall- 
ing due  after  that  year,  which  balance,  as  appears  by  the  statement  B,  annexed  to  the  last  annual 
report,  amounted  to  one  million  three  hundred  and  forty-nine  thousand  one  hundred  and  thirty- 
six  dollars  and  fiftyone  cents,  -_---..     $1,349^136  51 

Together  with  the  disbursements  made  during  the  year  1804,  out  of  the  treasury,  on  account  of  the 
principal  and  interest  of  the  public  debt,  which  disbursements,  as  appears  by  the  statement  C,  an- 
nexed to  the  last  annual  report,  amounted  to  eight  millions  two  hundred  and  fifty-nine  thousand 
eight  hundred  and  forty-five  dollars  and  fifty-five  cents,  ....       8,259,845  55 

And  with  a  further  sum  arising,  from  profit  on  the  remittances  from  America  to  Europe,  purchased 
in  the  year  1804,  which  profits,  as  appears  by  the  statement  D,  annexed  to  the  last  annual  report, 
amounted  to  forty -five  thousand  forly-nine  dollars  and  twenty  five  cents,      -  -  -  45,049  25 

And  amounting,  altogether,  to  nine  millions  six  hundred  and  fifty-four  thousand  and  thirty 
one  dollars  and  thirty  one  cents,  -  ^  -  ^  .  .       9,654,031  31 


Have  been  accounted  for  in  the  following  manner,  viz; 


1806.]  THE    SINKING  FUND.  I73 


I.  There  was  repaid  into  the  treasury,  during  the  year  1804,  on  account  of  the  principal  of  protested 

bills,  and  of  advances  made  toconnnissioners  of  loans,  as  appears  by  the  statement  P],  annexed  to 
the  last  annual  report,  a  sum  of  one  hundred  and  twenty-one  thousand, four  hundroil  and  forty-six 
dollars  and  fifty-one  cents,  ---......        $121,440  51 

II.  The  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amount,  as 
will  appear  by  tiie  statement  A,  to  seven  millions  two  hundred  and  fifteen  thousanil  six  imndred 
and  nine  dollars  and  sixty-six  cents. 

1st.  Paid  in  reimbursement  ot  the  principal  of  the  debt,     -  •  -  3,207,587  G5 

2d.  Ditto  on  account  of  tiie  interest  and  cliarges  on  the  same,        -  -  4,008,022  01 

7,215,60!>  06 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1804,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  bythe  statement  B,  to  two  millions  three  hundred  and  sixteen  thousand 

nine  hundred  and  seventy-five  dollars  and  fourteen  cents,  -  .  .  .      2,316,975  14 

9.654.031  31 


That,  during  the  year  1805.  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of 
the  principal  and  interest  of  the  public  debt: 

I.  On  account  of  the  reimbursement  and  interest  of  the  domestic  debt,  -  -  -         4,583,960  54 

II.  On  account  of  domestic  loans,  obtained  from  the  Bank  of  the  United  States,  viz: 

On  account  of  the  principal,        -..--.     700,00000 
On  account  of  the  interest,  --._.-        56,170  12 


756,170  12 

III.  On  account  of  the  domestic  unfunded  debt,                 -               -               -               -               -  8,061  71 

IV.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  and  of  the  interest  on  the  Louisiana 

stock,                 .---.....  1,980,316  70 

Amounting,  altogether,  as  will  appear  by  tiie  annexed  list  of  warrants,  C,  to  seven  millions  three 

hundred  and  twenty-eight  thousand  five  hundred  and  nine  dollars  and  seven  cents,           -  7,328,509  07 


Which  disbursements  were  made  out  of  the  following  funds,  viz: 
I.  From  the  fund  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year  1805,  viz: 
From  the  fund  arising  from  interest  on  the  debt  transferred  to  the  commissioners  of  the  sinking 
fund,  asj per  account  I.  ......      711,737  41 

From  the  funds  arising  from  the  sales  of  public  lands,  being  the  amount  of  moneys 

paid  into  the  treasury,  from  1st  July  1804,  to  30th  June,  1805.  as  per  account  K,       553,521  63 
From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the 

tonnage  of  ships  or  vessels,         ------    5,904,839  37 

Amounting,  altogether,  to  -  -  -  - 7,170,098  41 

Which  sum  of       -  -  -  -  -  "         .       "  ■.     ",170.098  41 

Together  with  the  sum  advanced  during  the  year   1804,  on  account  of  the  appropria- 
tion for  the  year  1805,  amounting,  as  appears  by  the  last  annual  report,  to  -  829,901  59 


Makes,  in  the  whole,  the  annual  appropriation,  for  the  year  1805,  of         $8,000,000  00 

H.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  thetonnageof 

ships  or  vessels,  advanced  in  part,  and  on  account  of  the  annual  appropriation  for  the  year  1806,  67.71 6  02 

III.  From  repayments  in  the  treasurj',  on  acc'iint  of  remittances  purchased    for  providing  for  the 

foreign  debt,  and  of  advances  made  to  commissioners  of  loans,  as  will  appear  by  the  statement 

E,  viz: 

Repayment  of  the  purchase  money  and  advances,  .  -  .  -     66,703  02 

Damages  and  interest  recovered,     --.---     20,731  20 


•/         87.434  22 


IV.  From  the  moneys  appropriated  by  law,  for  paying  commissions  to  agents  employed  in  the  pur- 
chase of  remittances,  for  the  foreign  debt,  being  the  amount  paid  at  the  treasury,  during  the  year 
1805,  for  that  object,  as  will  appear  by  the  statement  C,  -  -  -  -  3,260  42 

That  the  abovementioned  disbursements,  together  with  theabove  stated  balance  of  dollars,  -      2,316,975  14 

Which  remained  unexpended  at  the  close  ot  the  year  1804,  and  with  a  further  sum  arising  from  pro- 
fit on  remittances  from  America  to  Europe,  purchased  in  the  year  1805,  and  amounting,  as  will 
appear  by  the  statement  D,  to  --.-.-.  117.137  52 

And  amounting,  altogether,  to  nine  millions  seven  hundred  and  sixty-two  thousand  six  hun- 
dred and  twenty-one  dollars  and  seventy-three  cents,  -  .  -  _      9,762,621  73 


Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then 

have  been  rendered  to  the  Treasury  Department. 
That,  in  the  mean  w  hile,  the  manner  in  which  the  said  sum  has  been  applied  is  estimated  as  followeth: 

I.  The  repayments  into  the  treasury,  on  account  of  principal,  have,  during  the  year  1805,  amounted,  as 

by  the  above  mentioned  statement  E,  to  -  -  -  -  -  -  66,703  02 

II.  The  sums  actually  applied,  during  the  year  1805,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  are  estimated  as  followeth,  viz: 

1st.  Paid  in  reimbursement  of  the  principal  ot  the  public  debt,  -  -      3,905,29161 

2d.    Paid  on  account  of  interest  and  charges  on  the  same,     -  -  -       4,142,853  18 


8.048,144  79 


As  will  appear  by  the  estimate  F. 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1805,  and  applicableto  payments  fall- 
ing due  after  that  year,  is  estimated,  as  per  estimate  G,  at  -  -  -  -        9,762,621  73 


That  no  purchases  of  the  public  debt  have  been  made  since  the  date  of  the  last  report  to  Congress. 
And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  the  commissioners  of  the  sinking  fund,  in 
trust  for  the  United  States,  to  the  31st  December,  1805,  including  the  sum  of  $98,909  41  cents,  being  the  aggregate 
of  the  several  species  of  stock  transferred  in  the  year  1805,  in  payment  for  public  lands. 
All  w  hich  is  respectfully  submitted. 

-\LBERT  GALLATIN,  Secretary  of  the  Treasury. 
Treasury  Department,  February  4,  1806. 

23  tt 


174  FINANCE.  [1806. 


Statement  of  the  application,  during  the  year  1804,  of  the  funds  provided  for  the  payment  qf  principal  and  interest 

of  the  Public  Debt. 

I.  Payments  on  account  of  the  Principal  of  the  Public  Debt. 

1st.  On  the  domestic  debt,  viz: 

Reimbursement  of  old  six  per  cent,  stock,        .  .  $965,168  84 

Do.  deferred  stock,  .  .  .  327,765  44 


1,292,934  28 

As  per  treasury  report.  No.  17,368. 

2d.  Domestic  loans  reimbursed,       .......         250,000  00 

3d.  Unfunded  debt,  viz:  registered  debt,  .....  653  37 

4th.  On  the  foreign  debt,  viz: 


2d  instalment  of  loan  of    3,000,000  of  1st  January,    1792, 

2,000,000  of  1  St  February,  1784, 
3,000,000  of  1st  February,  1790, 
2,500,000  of  1st  March,  1791, 
2,950,000  of  1st  June,  1792, 

6,000,000  of  1st  Sept.  1791, 


4th 

do. 

do. 

5th 

do. 

do. 

4th 

do. 

do. 

2d 

do. 

do. 

4th 

do. 

do. 

3d 

do. 

do. 

Guilders. 
600,000 
250,000 
600,000 
500,000 
600,000 
1,200,000 


2,050,000  of  1st  Dec.  1791,  Antwerp,    410,000 


Guilders,  4,160,000 

At  40  cents,       1,664,000  00 


1 1 .  Payments  on  account  of  the  interest  and  charges  on  the  Public  Debt. 
1st.  On  the  domestic  debt,  viz: 

Interest  for  the  year  1804,  on  the  several  species  of  stock  constituting  the  domestic  funded 
debt,  as  settled  at  the  treasury,         .....  .   $3,307,82441 

To  vyhich  add  this  sum,  arising  from  a  difference  or  error  in  calculation  of 
dividends  on  stock  standing  on  the  books  of  the  commissioner  of  loans. 
New  York,       .........  05 


3,307,824  46 

2d.  Interest  on  domestic  loans,        .......  60,593  68 

3d.  On  the  foreign  debt,  viz: 

Interest  paid  at  Amsterdam,       .  .        Guilders,  602,500 

Do.  at  Antwerp,  .  .  .  55,350 


657.850 
At  40  cents,     $263,140  00 
Premiums  on  loan  of  1st  February,  1784,  .  17,500 

At  40  cents,  7,000  00 

Interest  on  Louisiana  stock,  from  20th  to  31st  December. 
1803,      ......         $22,191   75 

Do.  do.     from  1st  Jan.   to  1st  July,   1804,      337,500  00 


Commissions  and  charges,  viz: 

At  Amsterdam,  (6)       Guilders,  7,403  18  05 
At  Antwerp,  .  .       5,054  02  12 


359.691  75  (a) 


12,458  01  01 

At  40  cents,         $4,983  22 
From  this  sum  deduct  a  profit  in  exchange  on 
remittances  from  London  to  Amsterdam,  and 
in  Antwerp,  (c)         .  .  .  .  2,074  11 


2,909  11 


Commissions  on  the  purchase  of  bills  in  America,        .  .  6,863  01 

639,603  87 


$3,207,587  65 


4,008,023  01 


Total  amount  applied  to  the  public  debt,  during  the  year  1804,  ....  $721560966 


Notes  to  Statebtent  A. 


(a)  Of  the  sum  of  $359,691  75,  here  stated  as  paid  for  interest  on  Louisiana  stock,  there  was  paid 

For  mterest  on  stock  in  London, £44,961     9     2  =$199,828  75 

Do.  do.  in  Amsterdam,  ....      Guilders,  399,657  10  00  =  159,863  00 

$359,691  75 

(6)  The  amount  of  commissions  and  charges  stated  in  the  accounts  of  the  commissionei-s  at  Amsterdam    for  the 
year  1804,  and  admitted  at  the  treasury,  is Guilder s,  1, ih  Q6  00 

From  which  there  is  iiere  deducted,  a  sum  short  stated  in  the  report  of  last  year  as  the  balance 
in  the  hands  ot  the  commissioners  at  the  end  of  the  year  1803,  arising  from  an  overpayment 
of  mterest  by  them  in  tliat  year,  on  sundry  bonds,  .  .  ,     Guilders,  8  06  11 

And  a  further  sum,  for  an  error  in  the  statement  of  the  amount  of  remittances 
ot  last  year,  this  amount  being,  GmVf/frs,  7,534,849  18,  instead  of  7,534,849  17, 
as  stated,  ••........  i  OO 


8  07  11 


Leaving  the  sum  here  stated, Guilders,  7,403  18  05 


1806.1 


THE  SINKING    FUND. 


175 


(c)  Profit  on  exchange  in  Europe. 

On  je4,000    9  10,  remitted  from  London  to  Amsterdam, 

Produced,  .....        Guilders,  47,524  06  08 

At  par,  would  make,         .....  44,449  18  00 


Gain,  ...... 

Deduct  charges  in  London  on  the  remittance,    . 


3,074  08  08 

At  40  cents, 

.     £30  16  02 

At  4s.   6rf. 


$1,229  77 
136  91 


Profit  on  remittances  to  Antwerp,  being  a  difference  in  favor  of  Holland  currency  over  exchange 
money  of  Antwerp,  ....  Guilders,  2,453  02  00,  at  40  cents, 


1,092  86 

981   25 

$2,074   11 


Treasury  Department,  Register's  Office,  31s/  January,  1806. 

JOSEPH  NOIJRSE,  Register. 


B. 


Statement  of  the  provision,  made  before  the  1st  day  of  January,  1805,  for  the  payment  of  the  principal  and  interest 

of  the  Public  Debt,  falling  due  after  the  year  1804. 


I.  On  account  of  the  Foreign  Debt. 

1st.  Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  viz: 
In  Amsterdam,  as  per  treasury  report.  No.  16,534, 

Guilders,  2,024,692    5  11 
From  which  deduct  a  balance  due  the  commis- 
sioner in  Antwerp,  per   treasury  report.  No. 
16,568     -  -  -  -  -  751   11     6 

2,023,940  14     5 

at  40  cents,  $809,576  28 
In  London,  per  account  rendered,  of  December  31st,   1804,  (a) 

£'37,823  8  7,  at  4s.  &d.  168,104  13 


2d.  Amount  of  remittances  to  Amsterdam,  paid 
for  at  the  treasury  previous  to  31st  Decem- 
ber, 1804,  which  are  credited  by  the  com- 
missioners in  their  accounts  for  1805,  {b.)  guilders  3,102,628  4,  at  40  cents, 


3d.  Amount  of  payments  made  at  the  treasury,  before  the  31st  December,  1804, 
for  bills  which  have  been  protested  for  non-payment,  and  which,  on  that  day, 
had  not  been  repaid  into  the  treasuiy,  (c.)      -  -  -  .  . 

II.  Deduct  on  account  of  the  Domestic  Debt,  as  follows: 

The  demands  unsatisfied  on  the  1st  January,  1805,  were  as  follow,  viz: 

1st  The  dividends  payable  by  commissioners  of  loans,  including  the  dividend 

due  on  that  dajr,  and  exclusively  of  unclaimed  dividends  no  longer  demand - 

able  at  their  offices,       ---.-... 

2d.  Unclaimed  dividends  payable  at  the  treasury,  ((/. )  ... 

The  provision  made  for  that  object  was  as  follows: 

1st.  Cash  due  from  commissioners  of  loans  deceased  and  out  of 

oflice,         --------  2,855  gg 

2d.  Cash  in  the  hands  of  acting  commissioners,         -  -  1,421,003  21 


Leaving  the  amount  wanted  to  meet  all  the  demands  to  1st  January,  1805, 
Total  amount  of  provision  for  public  debt  remaining  unapplied  on  31st  Dec.  1804, 


977,680  41 

1,241,051  28 
104,000  00 


1,413,709  14 
15,906  30 


1,429,615  44 


1,423.858  89 


2,322,731   69 


5,756  55 


$2,316,975  14 


Notes  to  Statement  B. 

(«)  The  following  statement  shows  the  disposition  of  the  sterling  bills  during  the  year  1804,  and  proves  the  correct- 
ness of  the  balance  as  iiere  stated: 
The  balance  remaining  in  the  hands  of  Sir  Francis  Baring,  &  Co.  on  the   1st  Januaiy,  1804, 

as  per  note  (r/.)  to  statement  B,  annexed  to  the  last  annual  report,  was,  -  -  £2,664  12  0 

And  the  outstanding  remittances,  purchased  previously  to  that  time,  but  not  credited  by  them 

till  afterwards,  per  same,  was,  --------  3.000    0  0 

5.664  12  0 
The  sterling  bills  purchased  in  1804,  per  statement  D,  annexed  to  the  last  annual  report,  after 

deductnig  the  amount  transferred  to  funds  other  than  the  public  debt,  amounted  to         -  81,151  U  9 

Amounting  together,  to  -------         £86,816    3  9 

Which  are  accounted  for  as  follows,  viz: 

Remitted  to  Amsterdam,        ------...  £4.000    9  1  o 

Charges  in  London,  on  that  remittance,        -            -            -            -           -            -            -  30  16    2 

Paid  interest  on  Louisiana  stock  in  London,  $199,828  75,               .            .            -            .  44,961     9     2 

Balance  in  the  hands  of  the  agents,  31st  Dec.  1804,  as  hereafter.     -           -            -            -  37,823    8    7 

As  above,       -----...--        £86,816    3    9 


176 


FINANCE. 


[1806. 


Notes  to  Statement  B — Continued. 

(c. )  Statement  of  protested  bills,  outstanding  December  31,  1804. 

Guilders. 


Purchased  before  f  Prager's  bill, 

1802.  ^A.  Brown's  bill. 

Purchased  in     C  Brown  and  Hackman's  bill, 
1802.  t  Beal  0 wings' bill, 


120,000 
60,000 
60,000 


260,000 


Dollars. 

48,000  recovered  in  1805. 

24,000^  In     suit,    but   a 

24,000  ^    partial  payment 

8,0003    made  in  1805. 


104,000 


The  protested  bills  outstanding  on  31st  December,  1803,  amounted,  as  per  note  (e.)  to  statement 
B,  annexed  to  las+  annual  report,  to      -------  . 

The  repayments  in  1804  of  the  principal  of  protested  bills,  amounted,  as  per  statement  E,  an- 
nexed to  last  annual  report,  to  ------.. 

And  leaves  outstanding,  as  here  stated,  -  -  -  .  . 


$224,500 
120,500 
104,000 


(</. )  The  amount  of  unclaimed  dividends,  consisting  of  dividends  declared  at  the  several  loan  offices, 
and  which  having  remained  open  for  payment  at  the  loan  offices  for  nine  months,  were  unclaim- 
ed during  that  period,  and  were  then  transferred  to  the  treasury  for  payment  pursuant  to  law, 
actually  outstanding  on  the  1st  January,  1805,  amounted  to  -----    $15,90331 

To  this  sum  has  been  added,  in  the  statement,  a  sum  short  advanced  for  the  payment  of  the  divi- 
dend on  stock  standing  on  the  books  of  the  treasury,  for  the  third  quarter  of  the  year  1804, 

2  99 


And  making,  together,  the  sum  stated. 


$15,906  30 


(6.)  The  following  statement  proves  the  sum  of  guilders,  3,102.628  4,  as  here  stated,  to  be  correct: 

Balance  in  the  hands  of  the  commissioners  at  Amsterdam  and  Antwerp,  on  31st  December,       Guilders. 

1803,  as  per  statement  B,  annexed  to  the  last  annual  report,       -  -  -  2,092,156  03  08 

Remittance  paid  for,  previously  to  1804,  and  credited  by  the  commissioners  in  their  accounts  for 

that  year,  as  per  same  statement,  --..--   697,051     0    0 

Ditto  purchased  in  1804,  as  per  statement  D,  annexed  to  last  annual  report,       7,534,849  17 
Ditto,  made  from  London  to  Amsterdam,  £4,000  9  10,  at  par,         -  -  44,449  18 

Gain  in  exchange  on  this  remittance,  per  note  (6.)  to  statement  A,        Guilders. 
of  this  year,        ---...    3^074  08  08 
Ditto,  ditto,  at  .\ntwerp,  ditto,  ditto,  -  -  -    2,453  02  06 

5,527  10  14 

7,584,827  05  14 


Guilders,  10,374,034  09  06 


Amount  applied  to  principal  and  interest  of  foreign  debt  in  1804,  as  per  statement  A,  viz: 
For  prnicipal,    •  -  -  .  -  Guilders,  4,160,000 

Interest  and  premiums  on  Dutch  debt,  -  -  675,350 

Interest  on  Louisiana  stock  in  Amsterdam,  $159,863    =     399,657  10 

Commissions  and  charges,  -  -  -  .    12,458  01  01 

1,087,465  1101 

Cash  m  hands  ot  commissioners  at  Amsterdam  and  Antwerp,  per 

this  statement,  ------        2,023,940  14  05 

Balance  of  outstanding  remittances  to  Amsterdam,  per  ditto,       -  ■■        3,102,628  04  00 


As  above,        -  -  .  . 

Treasury  Departmem,  Register's,  Office,  January  31s^  1806. 


Guilders,  10,374,034  09  06 


JOSEPH  NOURSE,  Register. 


List  of  Warrants  drawn  according  to  latv,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  reimbursement  and  interest  of  the  domestic  debt. 


No.  of 

Date. 

Warrant. 

5507 

January 

19,  1805, 

5508 

19, 

- 

5573 

Februaiy 

15, 

_ 

5591 

26, 

- 

5616 

March 

", 

_ 

5620 

7, 

- 

5621 

7, 

. 

5622 

7, 

. 

5623 

7, 

_ 

5624 

7, 

- 

5640 

18, 

- 

5641 

18, 

- 

5642 

18, 

- 

5643 

18, 

_ 

5644 

18, 

- 

5649 

1 

18, 

- 

5657 

22, 

- 

5660 

25, 

- 

5661 

27, 

- 

James  Davidson,  Jun. 

Do. 

Do. 

Do. 

Do. 
James  Alger, 
Isaac  Neufville, 
Sherwood  Haywood, 
Merewether  Jones, 
William  Gardner, 
James  Ewing, 
William  Few, 
William  Imlay, 
Jabez  Bowen, 
Benjamin  Austin, 
Edward  Hall, 
Stephen  Moylan, 
John  Stockton, 
George  Simpson,    / 


Amount. 


$431 

48 

3,597 

28 

3,572 

96 

2,397 

11 

1,716 

63 

1,000 

37,000 

1,864 

8,000 

6,150 

5,800 

230,000 

20,000 

11,800 

158,000 

12,311 

04 

21,036 

71 

2,733 

68 

186,655 

65 

1806.] 


THE    SINKING    FUND. 


177 


C — Continued. 


5663 
5663 
5788 
5870 
5871 
5872 
5873 
5874 
5885 
5902 
5903 
5904 
5905 
5906 
5908 
5912 
5913 
5917 
5918 
5919 
6022 
6158 
6159 
6160 
6161 
6178 
6199 
6200 
6201 
6202 
6203 
6204 
6206 
6224 
6234 
6237 
6239 
6210 
6241 
6462 
6660 
6661 
6662 
6663 
6693 
6747 
6748 
6749 
6750 
6752 
6763 
6764 
6776 
6781 
6792 
6806 
6807 
6808 
5658 
5907 
,5916 
6256 
6782 
6805 


March 


April 
June 


July 
September 


27, 
15, 

3, 

3, 

3, 

3, 

3, 

10, 

18, 

18, 

18, 

18, 

18, 

19, 

22, 

84, 

26, 

26, 

26, 

8, 

3, 

3. 


October 
December 


3, 
10, 
16, 
16, 
16, 

'!' 
16, 

16, 

18, 
23, 

24, 

25, 

25, 

25, 

25, 

21, 

2, 

2, 

2, 

2, 

0, 

8, 

8, 

8, 


18, 
20, 
23, 
26, 
28, 
28, 
28, 
22, 
18, 
25, 
September  30, 
December  23. 
28, 


May 

June 


James  Davidson,  Juu. 
lliomas  T.  Tucker. 
James  Davidson,  Jun. 
William  Gardner, 
William  Imlay, 
Sherwood  Haywood, 
Isaac  Neul'ville, 
James  Alger, 
James  Davidson.  Jun. 
Heiijamin  Austin,  Jun. 
('hnstopher  Eliery, 
William  Imlay, 
James  Ewing, 
Merewether  Jones, 
Edward  Hall, 
Stephen  Moylan, 
John  Stockton, 
George  Simpson, 
James  Davidson.  Jun. 
Thomas  T.  Tucker, 
James  Davidson,  Jun. 
James  Alger, 
Isaac  Neufville, 
Sherwood  Haywood, 
William  Imlay, 
William  Gardner, 
Merewetiier  Jones, 
James  Ewing, 
\Niiliam  Few, 
William  Imlay, 
Ciiristopher  Eliery, 
Benjamin  Austin,  Jun. 
Edward  Hall. 
Stephen  Movlan. 
James  Davidson.  Jun, 
John  Stockton, 
George  Simpson, 
James  Davidson,  Jun. 
Thomas  T.  Tucker, 
James  Davidson,  Jun. 
^\  illiam  Imlay, 
Sherwood  Haywood, 
Isaac  Neufville, 
James  Alger, 
\\  illiam  Gardner, 
Christopher  Eliery, 
William  Imlay, 
James  Ewing, 
Edward  Hall. 
Benjamin  Austin, 
William  Few. 
Merewether  Jones, 
James  Davidson,  Jun. 
John  Stockton. 
Christopher  Eliery, 
George  Simpson, 
James  Davidson,  Jun. 
Thomas  T.  Tucker, 

Do. 

Do. 

Do. 

Do. 

Do. 

Do. 


$181,265  81 

333,573  21 

125,584  61 

125,912  03 

372.255  82 

126.667  56 


$30,841 

40 

2.343 

22 

4,187 

85 

6.250 

15,000 

1,700 

36.500 

900 

7,306 

28 

170,000 

11,700 

5,000 

5,600 

9.700 

12,280 

15 

104,692 

89 

2,719 

47 

59,148 

92 

29,486 

01 

2,453 

05 

480 

36 

500 

36,500 

1,750 

12,000 

6,250 

11,200 

5.570 

239,000 

8.450 

9,100 

173.000 

11.959 

14 

203.683 

84 

8,799 

96 

2,736 

74 

182,467 

04 

30,267 

11 

2,453 

05 

756 

98 

20,000 

2,500 

69,000 

1,500 

13,000 

30,000 

22,000 

11. (100 

22,124 

47 

325.000 

460.000 

20.000 

10,986 

20 

4,697 

70 

2.300 

74,.386 

19 

57,174 

11 

4,2.'J3 

83 

1,265,259  04 


$4,583,960  .34 


178 


FINANCE. 


[1806. 


List  of  Warrants  draivn  according  to  law,  during'  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  interest  on  Domestic  Loans. 


No.  of 
Warrant. 

Date.          ^     .^ 

In  whose  favor. 

Amount. 

5516 
.5517 
5518 
6027 
6028 
6029 
6471 
6472 
6473 

January  25,  1805, 
July   9. 

fc*                                          _                         _ 

October  23, 

James  Davidson  Jun. 

Ditto, 

Ditto,         ----- 
Ditto,         -.---- 
Ditto,         ----- 

Ditto, 

Ditto,         ----- 
Ditto,         .           -           -           .            - 
Ditto,         ----- 

$6,000  00 
14,104   16 
5,503  46 
11,250  00 
6,000  00 
3,125  00 
1,562  50 
5,625  00 
3,000  00 

$56,170  12 

List  of  Warrants  drawn  according  to  law,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  ac- 
count of  the  repayment  of  principal  of  moneys  borrowed  from  the  Bank  of  the  United  States. 


Date. 

No.  of 
Warrant. 

1 
In  whose  favor. 

Amount. 

September  27,  1805, 

(4                                 44 

6243 
6244 
6245 

The  President  Directors  and  Company  of  the  Bank  of  the  U.  S. 
Ditto,     ------ 

Ditto,     ------ 

$125,000  00 
375,000  00 
200,000  00 

$700,000  00 

List  of  Warrants  drawn,  according  to  law,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  ac- 
count of  the  reimbursement  of  Capital  and  Interest  of  the  Butch  Debt. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Amount. 

5510 
5511 
5527 
5528 
5530 
5540 
5543 
5557 
5558 
5572 
5574 
5575 
5577 
5581 
5592 
5638 
5664 
5786 
5797 
6128 
6212 
6217 
6231 
6379 
6431 
6704 

January     21, 

26, 
29, 
30, 

February      1, 
2, 

J'       :      : 
11, 

If'       :      : 

18, 
19, 

26, 
March        16, 

29, 
April           15, 

19, 
August       19, 
September  19, 

20, 

24, 
October        4,              -            - 
:                       15,               -             - 
December  11, 

Montgomery,  and  others, 

Joseph  Summerl, 

Smith,  Ridgway  and  others. 

Ditto.     -               ..               -               - 
David  Harris, 

Ditto.        -               -               -               - 
Smith,  Ridgway,  and  others, 
George  Simpson, 
David  Harris. 
Jonathan  Burrall, 

Ditto.         - 
David  Harris, 
Smith,  Ridgway,  and  others. 

Ditto,    '      - 

Ditto,          -               _               -               - 

Ditto,          -               -               -               - 

Ditto,          - 
David  Harris, 
Jonathan  Burrall, 

Ditto. 
David  Harris,                  -               -               . 
George  Simpson, 
Jonathan  Burrall. 
John  McGowan,  &  Co. 
Jonathan  Burrall, 
George  Simpson, 

$37,500  00 

18,750  00 

18,750  00 

9,375  00 

52,170  00 

30,710  00 

70,593  75 

24,790  00 

3,700  00 

365,945  59 

4,054  40 

33,596  00 

35,343  75 

29,400  00 

55,312  50 

26,427  25 

18,656  25 

300  44 

925  00 

185,000  00 

37,000  00 

111,000  00 

111,000  00 

3,237  50 

848  34 

393  64 

$1,284,779  41 

Included  in  the  foregoing  List  of  Warrants  are  the  following  warrants  for  commissions  to  the  agents  who  pur- 
chased the  bills,  at  one-fourth  of  one  per  cent,  viz: 
15,  David  Harris,         -----  $300  44 

19,  Jonathan  Burrall,  -----  925  00 

15,  Ditto,  -     -  -  -  -  -  848  34 

11,  George  Simpson,    -----  393  64 

$2,467  42 


No.  5786,  April 
5797,   '• 
6431,  Oct. 
6704,  Dec. 


•^ 


1806,] 


THE   SINKING   FUND. 


179 


List  of  Warrants  drawn  according  to  law,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  interest  on  the  Louisiana  stock. 


Date. 

No.  of 
Warrant. 

In  whose  favor. 

AmounC 

1805. 
January      14 

21 
February     4 
April          10 

a 

September  19 
24 
25 
30 

liC 

October      30 

5503 
5504 
5513 
5548 
5778 
5779 
6213 
6232 
6242 
6251 
6252 
6253 
6491 

Jonathan  Burrall,        -------- 

George  Simpson,          -------- 

Do.          do.              - 
The  Manhattan  Company,     ------- 

George  Simpson,          -------- 

Jonathan  Burrall,        -------- 

David  Harris,               ------.. 

Jonathan  Burrall,         -------- 

George  Simpson,         -------- 

David  Harris,              --..--.. 
Peter  Roe  Dalton,       -------- 

Do.          do. -            - 

David  Harris,              -....--, 

$153,111   04 

31,944  43 

22,222  21 

191,111    II 

135  41 

382  77 

29,866  67 

43,333  31 

21,666  66 

43,066  67 

47,422   19 

111,000  00 

274   82 

$695,537  29 

Included  in  the  foregoing  list  of  warrants  are  the  following  warrants  for  commissions  to  agents  who  purchased  tlie 

bills,  at  one-fourth  of  one  percent.,  viz: 
No.  5778,  April        10,  George  Simpson,        ------  $135  41 

5779,  April         10,  Jonathan  Burrall,       ------  382  77 

6491,  October    30,  David  Harris,  ------  274  82 


$793  00 


Warrant  drawn  according  to  law,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  account  of  debts 

due  to  foreign  officers. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Amount. 

6058 

July  20,    1805, 

George  Rossier  and  John  S.  Roulet,  Attorneys  of  Colonel 
Vellepanck,             ------ 

$7,947  94 

List  of  Warrants  drawn  according  to  lato,  during  the  year  1805,  on  the  Treasurer  of  the  United  States,  on  account 

cf  paying  certain  parts  of  the  domestic  debt. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Amount. 

5500 

5582 

January    11,  1805, 
February  20,    " 

Daniel  C.  Verplanck,            ------ 

Jeremiah  Conner,      ------- 

$89  24 
24  53 

$113  77 

RECAPITULATION. 


Interest  and  reimbursement  of  the  domestic  debt. 

Interest  on  domestic  loans,  .  -  _ 

Reimbursements  of  domestic  loans. 

Interest  and  reimbursement  of  Dutch  debt. 

Interest  on  Louisiana  stock. 

Foreign  officers,        ---... 

Certain  parts  of  domestic  debt, 


Treasury  Department,  Register's  Office,  3lst  January,  1806. 


- 

$4,583,960  54 

- 

56,170  12 

- 

700,000  00 

- 

1,284,779  41 

- 

695,537  29 

$7,947  94 

113  77 

8  Ofil   71 

$7,328,509  07 

JOSEPH  NOURSE,  Register. 


180 


FINANCE. 


[1806. 


D. 

Amount  of  remittances  during  the  year  one  thousand  eight  hundred  and  Jive,  on  account  of  the  Dutch  debt,  and 
for  the  payment  of  the  interest  ztpon  the  Louisiana  six  per  cent,  stock. 


Guilders,  s.  p. 

2,900.550  00  00 

at  37 

310,000  00  00 

at  37 

180.000  00  00 

do 

100,000  00  00 

do 

221,184   10  00 

do 

50,000  00  00 

do 

3,761,734 

10 

00 

Sterling. 

£  89,637 

10 

00 

21,000 

00 

00 

11,000 

00 

00 

11,000 

00 

00 

132,637 

10 

00 

Fate. 
at  37  cents  per  guilder, 
do. 

do.  with  2  per  cent,  deduction, 
do.  with  I5  per  cent.      do. 
do.  witli  1  per  cent.        do. 
do.  with  I5  percent.      do. 

equal  to  .  .  - 


at  par, 

at  25  per  cent,  below  par, 
at  3  per  cent,  below  par, 
at  4  per  cent,  below  par. 


Deduct  fractions  rejected  in  the  purchase, 


Dollars  Cts. 
1,073,203  49 
116,250  00 
66,150  00 
36,937  50 
82.114  75 
18,656  25 

$1,393,311  99 


398.388  89 
91,000  00 
47,422  22 
46,933  33 

583.744  44 
15 


Applied  to  remittances. 

Paid  to  agents  for  commissions. 


Warrants  issued  in  the  year  1805,  on  account  of  the  Dutch  debt,  as  per  statement. 
Ditto,  on  account  of  interest  on  tlie  Louisiana  six  per  cent,  stock,  as  per  statement, 


583,744 

29 

1,977,056 
3,260 

28 
42 

$1,980,316 

70 

1,284,779 
695,537 

41 

,29 

$1,980,316 

70 

Profit  arising  from  remittances: 
Guilders.  3,761.734  10        at  40  cents  per  guilder. 
Sterling'   £132,637  10        at  par, 


Remittances,  cost. 

Gain.    - 

Treasury  Department,  Register's  Office,  2\st  January.  1806. 


1,504.693  80 

589,500  00 

2.094.193  80 

1,977,056  28 

$117,137  52 


JOSEPH  NOURSE,  Register. 


E. 

Statement  of  repayments  made  into  the  Treasury  during  the  year  1805,  on  account  of  the  public  debt. 


Date  of 

AVarrants. 

No.  of 
Warrants. 

On  whom  drawn. 

Principal 
repaid. 

Damages 
recovered. 

Total  amount 
of  warrant. 

1805. 
June     29. 

Aug.    17, 

Dec.    31, 

889 
890 
894 

895 
916 

On  Alexander  James  Dallas,  for  amount  recovered 
from  the  assignees  of  Pragers  &  Co. 

On  David  Harriss,  being  so  much  received  by  him 
on  account  of  Aquiia  Brown's  bill. 

On  John  Hopkins,  for  so  much  remaining  in  his 
hands,  heretoiore  advanced  for  the  payment  of  in- 
terest, &c.  on  the  domestic  debt. 

Ditto,                              do.                       do. 

On  Alexander  James  Dallas,  for  this  sum  recovered 
from  the  assignees  of  Pragers  &  Co. 

43,200  00 
18,143  00 

279  80 

280  22 

25,131   20 
400  00 

68,331  2  a 
18,143  00 

279  80 

280  22 

400  00 

61,903  02 

25,531  20 

87,434  22 

Treasury  Department,  Register's  Office,  January  31,  1806. 


JOSEPH  NOURSE.  Register. 


Note As,  in  the  sum  heretofore  stated  in  the  reports  to  the  commissioners  of  the  sinking  fund,  as  the  provision  made  for  the 

payment  of  the  pubfic  debt,  Prager's  biU  has  been  estimated  at  par,  the  repayments  are,  in  this  report,  stated  as  followeth. 

Principal.  Interest. 

Foreign  debt,  .....  Prager's  bill,  $48,000  00       $20,731  20 

A.  Brown's  bill,        18,143  00 


Domestic  debt, 


66,143  00 
John  Hopkins,  560  02 


S66,703  03         20,731  20 87,434  22 


1806.] 


T  HE   SINKING   FUND. 


181 


.in  estimate  of  the  application  made,  during  the  year  1805,  of  the  funds  provided  for  the  payment  of  the  principal 

and  interest  of  the  public  debt. 


I.  On  account  of  the  principal. 
I.  Reimbursement  ot  tlie  six  per  cent,  and  tlefcneil  stock,  estimateil  at 
'2.  Reimbursement  of  domestic  loans,  ------- 

3.  Reimbursement  of  debts  due  to  foreign  officers,   including  arrearages  of  inte- 
rest, -  -  -  -  -  -  -  -  $7,947  94 

Reimbursement  of  unfunded  registered  debt,         -  -  IKi  77 


4.  Reimbursement  of  tlie  foreign  debt,  vi/.: 


Third  instalment  of  loan  of  3,000,000  of  1st  January,  1795;, 
First  instalment  of  loan  of  3,000,000  of  1st  .January,  1794, 
Filth   instalment  of  loan  of  •2.000,000  of  1st  Februaiv.  1784,     - 
Last   instalment  of  loan  of  0,500.000  of  1st  March,  1791, 
Third  instalment  of  loan  of '3.950.000  of  1st  June,  1792, 
Last   instalment  of  loan  of  0,000,000  of  1st  September,  1791,  - 
Fourth  and   Fifth  instalment  of  loan  of  2,050.000  of  1st  December, 
1791,  (Antwerp)  ------- 


II.  On  account  of  interest  and  charges. 

1.  Interest  on  domestic  funded  debt,  estimated,  for  1805, at  - 

2.  Interest  on  domestic  loans,  ----- 

3.  Interest  on  foreign  debt,  viz: 


Guilders,  at  40  cts. 

(;oo,ooo 

000,000 
250,000 
500,000 
000,000 
-  1.200,000 


820,000 
4,570,000= 


At  Amsterdam, 
Premiums  at  do. 
At  Antwerp, 

Charges  at  Amsterdam, 
Charges  at  Antwerp, 


Guilders,  at  forty  cents  each. 
387,000 
20,000 
30,900 

443,900  0  0 

4,209  4  8 


4,300  0  0 


8,509  4  8 


452,409  4  8=  $180,963  69 
Interest  and  charges  on  Louisiana  stock,  in  London  and  Amsterdam.  678,375  00 
Commissions  to  agents  in  America  for  purchasing  bills,  -  ■  3.260  42 


1,309,229  90 
700,000  00 


8,061   71 


1,828,000  00 


3,224,083  95 
56.170  12 


862,599  11 


3,905,391  61 


4,142,853  18 


$8,048,144  79 


G. 

An  estimate  of  the  funds  provided,  before  the  1st  January,  1806.  for  the  payment  of  the  principal  and  interest  of 
the  public  debt:  which,  being  xine.rpended  on  that  day,  were  considered  as  appliccdde  to  payments  falling  due 
after  the  year  1805. 

1.  On  account  of  the  foreign  debt. 
Cash  in  the  hands  of  commissioners  and  agents  in  Europe,   December  31,  1804,  per  preceding 

statement  B,        -  - 

Remittances  to  .\msterdam,  outstanding  on  31st  December,  1804,  as  per  do. 

The  remittances  made  during  the  year  1805,  as  per  preceding  statement  D,  as  follows,  viz: 
Remittances  to  Amsterdam  and  Antwerp,    guilders,  3,761,734  10,  at  40  cents. 
Ditto     to  London,  .  .  -        .      £i32,637  10,  at  4*.  6(/. 


$977,680  41 
1,241,051   28 

1,504,693  80 
589,500  00 


Total  to  be  accounted  for. 
The  amount  applied  during  the  year  1805,  per  preceding  estimate  F,  has  been,  for 

principal,  -  -  -  -  "  -  -  -  $1,828,000  00 

Interest  and  charges,  ------  859,338  69 


-    $4,312,925  49 


2.687,338  69 


The  balance  in  the  hands  of  commissioners  and  agents  in  Europe,  or  in  remittances  outstanding, 


may.  therefore,  be  estimated,  on  31st  December,  1805,  at 
The  amount  of  protested  bills  outstanding  on  the  same  day  was  as  follows,  viz: 

r  -\.  Brown's  bill,        -  G.  60,000    $21,000 

Purchased  before  and  in  1805,  <   Brown  &  Hackman's  do.  60.000       24,000 

C  Beal  Owings'      do.  20,000        8,000 


-   $1,625,586  80 


■  In  suit. 


Of  which  there  was  received,  in  1805,  in  part. 
Remains  outstanding. 


56,000 
18,143 


37,857  00 


2.  From  which  deduct,  on  account  of  domestic  funded  debt. 
For  unclaimed  dividends  demandable  at  the  treasuiy,  and  not  yet  advanced  totiie  bank  for  pay- 
ment to  the  ''reditors,  estimated  at  .  .  .  .  . 


1.663,443  80 
15,669  88 


1,647,773  92 


-lA 


tt 


182  "■       FINANCE.  [1806, 

RECAPITULATION. 

The  provision  applicable  to  1806,  per  the  foregoing,  -  -  -  .  .   $1,647,773  92 

Amount  applied  during  the  j^ear  1805,  per  estimate  F,      -  -  -  -  -     8,048,144  79 

Repayments  in  the  treasury  in  1805,  per  statement  E,  for  principal,  -  $61,903  02 


jjaj  lllCllt.-l    HI     L1H_      tll-tlOMlJ       111      l.^_■^/^^,     ^v,  1      C)  Itl  Ll^IIII^Il  L    JJ,     I  \J  I      J^l  I  IH^I  JJai  , 

To  whicli  add  for  the  difference  between  the  actual  amount  of  principal  recovered 
on  Prager's  protested  bill,  and  the  amount  of  that  principal  as  stated  in  former 
reports,  per  note  to  the  said  statement  E,         -  -  -  -  4,800  00 


66,703  02 


$9,762,621   73 


Tiie  balance  remaining  unexpended  31st  December.  1804,  per  preceding  statement  B,  was  $2,316,975  14 

Disbursements  from  the  treasury  during  the  year  1805,  per  preceding  statement  C,  -  -     7,328,509  07 

Profit  in  exchange  in  the  year  1805,  per  preceding  statement  D,  -  -  -         -         117,137  52 

$9,762,621   73 


1806.] 


THE    SINKING    FUND. 


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234  FINANCE.  [1806. 


I. 

Statement  of  Moneys  arising  from  Interest  on  Stock  transferred  to  the  United  States,  being  the  amount  drawn  by 
the  Agent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  pursuant  to  the  Act  of  the  8th  May,  1792, 
agreeably  to  statements  made  at  the  Treasury. 

June  18.  1805,  warrant  No.  5,907,  per  statement  No.  16,670,  dated  July  19th,  1805,    -           -           -  $333,573  21 

"    25,    do.            do.  5,916,  per  said  statement,      -------  125,584  61 

September  30,  1805,  do.  6,256,  per  statement  No.  17.750,  dated  January  23d,  1806,            -            -  125,912  03 

December  28.  do.    do.  6.805,  per  said  statement,     -------  126,667  56 

$711,737  41 


Treasury  Department,  Register's  Office,  January  31s/,  1806. 

JOSEPH  NOURSE,  Register. 

K. 

Statement  of  Moneys  druitn  by  the  Agent  to  the  Trustees  for  the  redemption  of  the  Public  Debt  in  the  year  1805, 
being  on  account  of  moneys  received  into  the  Treasury  from  the  Sales  of  Public  Lands,  pursuant  to  the  Act  qf 
the  5d  March,  1795,  agreeably  to  statements  made  at  the  Treasury. 

May,  22d,  1805,  warrant  No.  5,658,  per  statement  No.  16,392,  dated  19th  May,  1805,  -  -    $181,265  81 

December  23d,  1805,  warrant  No.  6,782,  per  statement  No.  17,570,  dated  23d  January,  1806,  -       372,255  82 

$553,521  63 


Treasury  Department,  Register's  Office,  3lst  January,  1806. 

JOSEPH  NOURSE,  Register. 


9th  Congress.]  No.   245.  [1st  Session. 


FISHING   BOUNTY. 

communicated   to   the    house    of    representatives,    FEBRUARY    17,    1806. 

Mr.  Crowninshield,  from  the  Commitee  of  Commerce  and  Manufactures,  to  wlioin  was  referred  the  petition  of 
John  Earle,  jun.  and  Thomas  M.  Hazard,  of  Newport,  in  tlie  State  of  Rhode  Island,  made  the  following  report: 

The  petitioners,  in  the  month  of  May,  1805,  fitted  out  the  sloop  Abigail,  of  the  burtiien  of  thirty  tons,  for  a  fish- 
ing voyage  to  the  straits  of  Belle  Isle,  ami,  as  tliey  state,  through  ignorance  of  the  law  in  this  particular,  the  vessel 
saUed  under  a  coasting  licence,  and  not  under  a  fishing  licence,  as  is  provided  for  by  the  several  acts  of  Congress, 
relative  to  the  coasting  trade  and  fisheries. 

The  vessel  was  seized  by  the  collector  of  Newport,  on  her  return  to  Rliode  Island,  but  was  released  by  tlie  order 
of  the  Secretary  ot  the  Treasury.  The  collector  refuses  to  pay  the  bounty  allowed  to  fishing  vessels,  alleging  tiiat  the 
owners  neglected  to  provide  their  vessel  with  the  usual  document  to  entitle  them  to  the  benefit  of  the  law. 

The  Committee  are  satisfied  that  the  collector  has  performed  his  duty  in  the  particular  alluded  to.  The  bounty 
cannot  be  paid  to  vessels  sailing  with  coasting  paperSj  any  more  than  it  could  be  to  vessels  clearing  out  for  foreign  voya- 
ges. When  the  regulations  ot  law  are  calculated  tor  tlie  security  of  the  revenue,  and  are  not  found  to  operate  inju- 
riously to  individuals  in  general,  there  would  seem  to  be  no  necessity  for  an  alteration  to  meet  every  deviation  from 
the  ordinary  practice.  If  the  petitioners  had  stated  to  the  collector,  at  the  time  of  clearing  out  their  vessel,  that  they 
intended  to  employ  her  upon  a  fishing  voyage,  he  could  not  liave  refused  to  grant  the  fisliing  licence;  and,  as  they 
omitted  to  do  tliis,  it  would  appear  that  the  relief  prayed  for  from  Congress  ought  not  to  be  granted. 

The  Committee,  therefore,  recommend  that  the  petitioners  have  leave  to  withdraw  their  petition. 


9th  Congress.]  No.   246.  [1st  Session. 


REMISSION    OF    DUTIES. 

C0MMUNIC.\TED   TO    THE   HOUSE    OF   REPRESENTATIVES,   FEBRUARY   26,    1806. 

Mr.   Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  having  considered  the  petition  of 
Tristram  Hussey,  of  the  Island  of  Nantucket,  in  the  State  of  Masachussetts,  made  the  following  report: 

The  petitioner,  with  Edward  Cary,  jun.  and  others,  merchants,  of  Nantucket,  were,  and  still  are,  the 
owners  of  the  ship  Union.  This  vessel  has  been,  for  some  time  past,  emjiloyed  in  the  whaling  business,  with  an  American 
master  and  crew,  regularly  documented  as  a  vessel  of  the  United  States.  In  the  year  1801,  on  the  passage  to  the 
Brazils,  and  before  tliey  arrived  at  the  Cape  de  Verd  Islands,  they  obtained  eight  casks  of  spermaceti  oil,  and  sent 
the  same  to  New  York,  in  an  American  vessel.  The  collector  charged  seventy -two  dollars  and  fifteen  cents  duty 
on  the  oil,  notwithstanding  it  was  the  produce  of  American  fisheries.  Upon  a  second  voyage  in  the  same  ship,  in 
tlie  following  year,  they  procured  twenty -seven  casks  of  oil,  from  whales  taken  on  the  passage,  prior  to  passing  the 


1806.]  PROTECTING   DUTIES.  185 

Cape  de  Verd  Islands,  and  shipped  the  same  also,  in  an  American  bottom,  to  New  York,  wiiere  the  collector  again 
demanded  a  duty  on  its  importation,  and  they  were  obliged  to  pay  a  further  sum  of  three  humhed  and  twenty -three 
dollars  and  twejity-live  cents  for  the  duties.  In  both  instances,  the  oil  was  not  landed  at  any  foreign  port.  It  was 
actually  taken  from  the  ship  Union,  and  put  on  board  American  vessels;  and  tiie  proof  exhibited  to  the  Committee 
is  incontestible  that  it  was  the  produce  of  tlie  American  whale  fishery.  The  collector  ol'  New  York  might,  with 
equal  propriety,  have  charged  a  duty  on  the  whole  cargo  of  oil,  imported  in  the  Union,  had  she  entered  at  ithat  port, 
as  in  tlie  two  cases  under  consideration.  It  appears  tliat  American  oil  cannot  be  subject  to  any  duty  whatever. 
There  is  no  law  known  to  the  Committtee  that  seems  to  authorize  a  similar  charge.  No  duty  can  be  collected  on 
articles  of  the  growth,  produce,  or  manutacture,  of  the  United  States;  and,  wherever.any  American  articles  have  been 
returned  from  foreign  countries,  the  duty  is  belie\  ed  to  have  been  invariably  remitted,  or,  rather,  none  has  ever  been 
demanded.  Cod  hsh,  taken  by  American  fisliermeii,  in  American  vessels,  are  not  ciiargeable  witli  duty,  wliether 
imported  in  the  vessel  in  which  they  were  cauglit,  or  on  any  other  American  bottom;  surely,  then,  oil.  of  the 
American  fisheries,  must  be  entitled  to  a  similar  exemption  from  duty.  The  Committee  are  of  opinion  that  Congress 
ought  to  relieve  the  petitioners  from  the  payment  of  the  duty  charged  to  tliem,  witi(!)ut  the  authority  of  law  to  war- 
rant it;  and  they  beg  leave  to  submit  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner  is  reasonable,  and  ought  to  be  granted. 


9th  Congress.]  ]\o.  247.  [1st  Session. 


PROTECTING    DUTIES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  4,  1806. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  llie 
Dutchess  County  Slate  Company,  in  the  State  of  New  York,  made  the  following  report: 

The  petitioners  represent  that,  for  four  years  past,  thev  have  been  engaged  in  working  and  mamifacturing  slate' 
in  the  county  of  Dutchess,  in  the  State  of  New  York,  and  are  proprietors  of  quarries  containing  an  inexaustible 
quantity,  and  of  a  quality  superior  to  any  heretofore  discovered  in  this  country.  They  have  already  advanced  up- 
wards of  one  hundred  and  twenty  thousand  dollars,  as  a  capital  stock,  for  carrying  on  the  business,  and  employ  a 
great  number  of  workmen  and  laborers.  The  petitioners  state  that  slate  is  now  getting  into  general  use,  in  most 
parts  of  the  United  States,  and  they  seem  to  be  of  opinion  that  the  interests  of  our  citizens,  and  tlie  credit  of  our 
country,  require  that  we  siiould  no  longer  be  under  the  necessity  of  importing  it  from  Europe.  With  a  view,  there- 
fore, of  checking  the  importation  of  fi)reign  slate,  and  as  an  encouragement  to  our  own,  they  solicit  that  additional 
duties  may  be  imposed  on  all  slate  imported  from  Europe.  They  recommend  that  a  specific  duty  should  be  imposed, 
in  preference  to  an  ad  valorem  duty,  on  account  of  the  exceedingly  low  price  at  which  the  slate  is  procured  from  the 
quarries  in  AVales. 

The  committee  find  that  the  House  decided  on  a  similar  application  from  the  New  York  and  Dutchess  County 
Slate  Company,  at  the  last  session  of  Congress.  The  report  was  unlavorable  to  the  petitioners,  and  the  House  con- 
firmed'the  decision  of  the  committee,  and  refused  to  impose  any  additional  duty  upon  imported  slate.  It  does  not 
appear  that  any  new  arguments  have  been  urged,  in  the  present  petition,  to  induce  the  committee  to  change  theii- 
former  opinion  on  this  subject.  The  petitioners  confess  that  the  price  of  foreign  slate  is  now  reduced  as  low  as  that 
of  American,  but  they  complain  that  the  importation  of  the  former  is  contiimed.  And  can  the  petitioners  reason- 
ably expect  that  such  extravagant  higii  duties  should  be  imposed  on  the  importation  of  foreign  slate  as  will  amount 
to  a  prohibition  of  the  article.^  The  committee  hope  the  petitioners  have  formed  no  such  expectations.  In  the 
United  States,  no  monopolies  exist,  and  none  ought  ever  to  be  permitted  to  exist.  If  a  duty,  amounting  to  a  prohibi- 
tion, is  laid  on  the  foreign  slate,  the  American  slate  will  be  enhanced  in  price,  just  so  much  as  tlie  difti?rence  maybe 
between  the  old  and  the  new  duty;  indeed,  it  is  fair  to  presume,  the  price  would  go  beyond  that  difterence;  having 
the  whole  market  to  themselves,  it  might  be  in  tiie  power  of  the  manufacturers  of  slate,  in  this  country,  to  augment 
the  cost  of  that  article  to  the  purchaser  beyond  all  reasonable  bounds. 

Imported  slate  is  now  charged  with  a  duty  of  seventeen  and  a  half  per  cent,  ad  volorem.  In  the  opinion  of  tlie 
comnnttee,  no  sufficient  reason  exists  to  reconnnend  any  addition  to  this  duty.  The  interests  of  other  persons  than 
those  who  would  be  immediately  benefitted  by  the  augmentation  of  the  price,  are  to  be  consulted  in  deciding  on  the 
merits  of  tiiis  question.  The  purchaser  or  consumer  must  ultimately  pay  the  whole  duty;  lie  ought  not  to  be  pre- 
vented fiom  buying  foreign  slate,  if  he  prefers  it  to  that  of  his  own  country.  If  tiie  duty  is  raiseil  considerably,  the 
American  manutiicturer  would  have  the  entire  command  of  the  market,  and  would  charge  his  own  prices;  competi- 
tion would  cease;  the  seller  would  be  enriched,  at  the  expense  of  the  buyer,  and,  having  secured  a  monopoly  to  one 
class  of  manufacturers,  others  might  expect  similar  favors.  vSuch  a  policy  cannot  be  approved  in  this  country.  How- 
ever, notwithstanding  the  expression  of  these  opinions,  if  the  existing  duty  was  not  deemed  to  be  sufficiently  high  to 
afford  an  advantage  to  the  American  slate,  (the  charges  on  the  importation  of  foreign  slate  being  at  the  same  lime 
considered  as  addnig  greatly  to  the  price)  the  committee  would  probably  have  been  induced  to  propose  some  addi- 
tion, though  not  to  the  extent  prayed  for  by  the  petitioners. 

If  Congress  intended  to  raise  the  duties  generally,  on  articles  imported  from  foreign  countries,  either  with  a  view 
to  new  revenue,  or  as  a  further  encouragement  to  domestic  manufactures,  the  committee  have  no  leason  to  suppose 
that  slate  would  be  omitted.  As  the  committee  are  convinced  that  the  manufacturers  of  slate  are  sufficiently  pro- 
tected already,  and  being  perfectly  satisfied  that  the  increased  or  prohibitory  duty  on  foreign  slate  would  only  en- 
hance the  price  of  the  article,  to  their  exclusive  benefit,  but  to  the  manifest  injury  of  the  consumer,  the  following 
resolution  is  respectfuHv  submitted: 

Resolved,  That  the  Dutchess  County  Slate  Company  of  New  York  be  permitted  to  withdraw  their  petition. 


]86  FINANCE.  [1806. 

9th  Congress.]  No.  248.  [1st  Session. 


REMISSION    OF    DUTIES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    11,    1806. 

Mr.  John  Cotton  Smith,  from  the  Committee  of  Claims,  to  whom  was  referred  the  petition  of  Peter  A.  Guestier, 
agent  of  the  former  owners  of  the  French  ship  Blaireau  and  her  cargo,  made  the  following  report: 
It  is  stated  by  the  petitiimer,  that  the  Frencli  ship  called  the  Blaireau,  owned  by  a  mercantile  house  in  Bor- 
deaux, set  sail  from  St.  Pierres.  in  the  island  of  Martinique,  some  time  in  March,  1803,  bound  on  a  voyage  to  Bor- 
deaux, iiaving  on  board  a  valuable  cargo,  consisting  principally  of  coftee  and  sugar,  and  consigned  to  different  per- 
sons at  tlie  port  last  mentioned.  Tiiat  about  the  30th  March,  hi  the  same  year,  while  the  ship  was  in  the  prosecution 
of  her  voyage,  she  was  met  in  the  night,  and  run  foul  of,  by  a  large  Snanish  ship  of  war,  called  the  St.  Julien;  inconse- 
quence of  which  accident,  so  mudi  injury  was  sustained  by  the  Blaireau,  that  the  captain  and  crew,  after  due  con- 
sultation, abandoned  her,  and  took  refuge  on  board  the  Spanish  ship,  which  continued  her  vintage  to  Spain,  where 
they  were  all  landed.  That,  on  the  day  following  the  disaster,  an  English  ship,  called  the  Finn,  connnanded  by 
William  Mason,  bound  on  a  voyage  from  London  to  ]5altimore.  met  with  the  Blaireau,  thus  abandoned  by  her  cap- 
tain and  crev,-,  and,  after  examining  her  situation,  and  (lercelving  there  was  a  possibility  that  the  injury  might  be  so 
far  repaired  as  to  enable  her  to  be  brought  into  port,  the  captain  |nit  on  board  a  part  of  his  crew;  who,  on  making  the 
requisite  repairs,  with  great  labor,  and  at  the  imminent  risk  of  then-  lives,  succeeded  in  conducting  her  in  safety 
^o  Baltimore,  where  she  arrived  the  beginning  of  May  following.  That,  shortly  after  the  arrival  of  the  Blaireau,  a 
libel  was  tiled  in  the  district  court  of  Maryland,  by  Captain  Mason  and  crew,  for  salvage;  that,  by  a  decree  of  the 
court,  salvage  was  allowed,  and  for  that  purpose  a  sale  of  the  ship  and  cargo  was  ordered;  and  finally,  that  the  mar- 
shal under  whose  direction  the  sale  took  place,  was  compelled,  by  the  collector  of  the  port  of  Baltimore,  to  pay,  out 
of  the  proceds  thereof,  the  sum  of  Sl'2,112  58,  being  the  amount  of  duties  alleged  to  be  due  to  the  United  States. 
To  obtaiii  the  restitution  of  this  sum,  under  the  idea  that  the  duties  could  not  lawfully  be  collected,  is  the  object  of 
the  present  application.  ■      r      •      ■    ■ 

Tlie  petitioner  founds  his  title  to  relief  upon  an  opinion  pronounced  by  tlie  district  juilge  ot  Maryland,  when  de- 
ciding the  following  case.  That  part  of  the  Blaireau's  cargo,  which  Captain  Mason  placed  on  board  the  Firm,  he 
omitted  to  report  to  the  collector  of  Baltimore.  The  district  attorney,  apprehending  this  omission  to  be  a  violaticm 
of  the  collection  law,  instituted  a  suit  against  the  captain,  for  the  penalty  of  $1,000,  imposed  by  the  statute.  On  trial 
of  the  cause  it  appears  a  verdict  was  taken  for  the  ])laintitfs,  subject  to  the  opinion  of  the  court  upon  a  point  saved  by 
the  counsel.'  Judgment  was  rendered  in  the  following  terms:  "  Mature  consideration  Iiaving  been  given  to  this 
case  it  is  the  opinion  of  the  court  that  the  goods,  waies,  and  merchandises,  aforesaid,  arc  not  chargeable  u'ith  the  pay- 
merit  of  any  duties  to  the  United  States,  and  therefore,  that  the  above  action  cannot  be  sustained.  Judgment  for 
the  defendant  on  the  point  saved."  .   .  i    .  ,        ,      .i        ,u  ,     ■       , 

It  may  be  safely  athrmed,  that  the  opinion  ol  the  learned  judge  was  somewhat  broader  tiian  the  case  submitted 
to  his  consideration.  There  might  be,  and  there  doubtless  were,  sufficient  reasons  to  excuse  the  defendant  from  the 
penalty  ot"lhe  statute,  independently  of  the  question,  whether  the  cargo  was  chargeable  with  the  payment  of  duties. 
The  decision,  so  far  as  it  regards  this  point,  must  be  deemed  extrajudicial,  and  it  remains  only  to  inquire  whether, 
from  a  sound  construction  oT  the  statute,  duties  were  chargeable  in  the  present  case.  The  words  of  the  act  relative 
to  this  subject  are,  "  that,  upon  all  goods,  wares,  and  merchandise,  which  shall  be  brought  into  the  United  States, 
from  any  foreign  port  or  place,  there  shall  be  levied,'"  &c.  It  is  difficult  to  conceive  of  language  more  explicit,  more 
unequivocal.  The  word  '■'imported"'  is  not  here  used,  and  apparently  for  the  purpose  of  avoiding  any  expression 
to  which  technical  narrowness  might  be  applied.  The  word  '^ place'"  is  introduced,  manifestly  with  the  same  view; 
and  the  plain  sense  of  the  passage  is,  duties  shall  be  paid  on  goods,  ^-c.  brought  into  the  United  States,  from  any 
point  without  their  limits  or  jurisdiction.  A  phraseology  so  simple,  so  perfectly  fiee  from  ambiguity,  might  fairly 
be  presumed  to  set  criticism  itself  at  defiance.  The  United  States  have  unquestionably  a  legal  mht  to  the  duties 
in  tnis  case-  and  who  will  say  their  claim  is  not  equitable,  also,  when  it  is  considered  that,  by  the  sale  of  tlie  cargo, 
the  amount'of  the  duties  has'been  identified  with  the  price? 

It  is  perhaps  worthy  of  consideration,  whether  the  collection  laiv  may  not  require  some  farther  provisions  appli- 
cable to  this  subject.  But  such  an  inquiry  is  not  within  the  province  of  your  committee,  nor  is  it  at  all  'necessary, 
in  determining  the  question  submitted  to  their  examination.  The  cargo,  in  this  case,  could  not  have  been  disposed 
of  without  the^intervention  of  the  district  court,  nor  could  the  sale  have  been  effected  but  through  the  instrumenta- 
lity of  the  officers  of  the  Government;  under  these  circumstances,  their  negligence  would  have  been  highly  culpable 
if  the  duties  had  not  been  retained. 

Your  committee  are  of  opinion  the  prayer  of  the  petition  ought  not  to  be  granted. 


9th  Congress.]  No.  249.  [1st  Session. 

PAYMENTS    MADE    TO    AMERICAN    CITIZENS     UNDER    THE     CONVENTION 

WITH    FRANCE,    OF    THE    30th    APRIL,    1803. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    22,   AND   APRIL    3,     1806. 

Treasury  Department,  March  20th,  1806. 

In  obedience  to  the  resolution  of  the  House  of  Representatives  of  the  13th  instant,  I  have  the  honor  to  transmit 
a  list  of  all  the  bills  drawn  by  the  minister  of  the  United  States  at  Paris,  on  the  treasury  ot  the  United  States,  for 
claims  embraced  bv  the  convention  with  the  f  rench  republic,  of  April  30th,  1803,  which  have  been  presented  at  the 
treasury,  previous'to  the  14th  day  of  March,  1806,  and  amounting  to  13,450,608  trancs  and  7  centimes. 

In  addition  to  that  list,  it  appears  by  a  list  forwarded  by  Mr.  Armstrong,  on  the  3d  of  July,  1805,  that  bills  to 
the  amount  of  633,186  francs  and  19  centimes,  had  been  drawn  by  him,  on,  or  before  that  day,  which  have  not  yet 
been  presented  at  the  treasury.  ,-,-,,  •  ,-  ,  ■ 

Letters  of  advice  have  also  been  received  at  the  treasury,  tor  bills,  amounting  to  117,432  Irancsand  25  centimes, 
drawn  subsequent  to  the  3d  of  July.  1805,  which  bills  have  not  yet  been  presented  at  the  treasury. 

So  far  as  can  be  judged  by  the  numbers  annexed  to  the  bills,  it  would  seem  that  one  hundred  and  twenty-nine 
bills  drawn  between  the  5th  day  of  August  and  25th  day  ofNovember,  1805,  have  not  yet  been  presented  for  pay- 
ment; but,  for  what  sums,  or  in  whose  names  drawn,  is  not  known. 

In  every  other  case,  the  names  of  the  persons  in  whose  favor  bills  have  been  drawn,  prior  to  the  25th  day  of 
November  1805,  appear  in  the  enclosed  lists;  but  there  are  not  many  in  which  the  nature  of  the  claims  can  be  dis- 
tin-'uislied  on  the  face  of  the  bills,  and  the  collateral  information  received  by  this  Department,  on  that  subject,  could 
only  assist  in  making  a  partial  and  conjectural  estimate,  and  not  an  official  statement. 

A  list  of  forty-four  Bordeaux  embargo  cases,  for  which  Mr.  Armstrong  has  advised  that  no  bills  will  be  drawn, 
and  amountiii"'  to  702,998  francs  and  97  centimes,  having  already  been  transmitted,  on  the  28th  ultimo,  to  the  Com- 
mittee of  Ways  and  Means,  has  not  been  included  in  the  annexed  lists. 

I  have  the  honor  to  be,  very  respectlully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


1806.] 


PAYMENTS    UNDER    FRENCH    CONVENTION. 


187 


List  of  Bills  drawn  by  the  Mi /lister  Plenipotentiary  of  the  United  States  at  Paris,  on  the  Treasury  of  the  United 
States,  for  claims  embraced  by  the  Convention  ivith  the  French  republic,  of  Jipril  30,  1803,  which  have  been  pre- 
sented at  the  Treasury  previous  to  the  lith  day  of  March,  1806. 


AMOUNT. 

DATE    OF    BILLS. 

NO.  OF 
BILLS. 

l.V    WHOSE    FAVOR    DRAW.V. 

Francs.  Centini. 

May         3,  1805. 

1 

Petor  Williiun  Tiivin^stoii.            ..... 

76.808  40 

t.                   "                   !•' 

2 

Do. 

30,000 

44                <■'                " 

3 

Jolin  Townsend, 

85.101   95 

44                'i                "^ 

4 

Do.                transieri-ce  of  ileiiry  Sadler, 

7,136  43 

44                "               "• 

5 

Do.                                 do.      . 

7.136  43 

44                44               4i 

6 

Do.                                 do.       . 

2,970 

44               44                ^^ 

7 

Do.                                 do.      . 

35,682  25 

44                »4                U 

8 

Do.                                 do.       . 

660.718  29 

■     44                 4               " 

!) 

John  Townsend, 

9,726  88 

3,       " 

10 

Peter  Torris. 

25.000     f 

>4               "               '• 

11 

Do.              .... 

24,000 

44                44                U 

12 

Do.              ...               . 

12,000 

44               4<                " 

13 

Do.              ...               . 

17,000 

4.                44                .4 

14 

Do.              .... 

50,000 

Au2ust  3 

15 

Do.              .... 

56,000 

4."             4'               " 

15 

Do;            ...              . 

42,112 

44               44               U 

15 

Do.            .              .              . 

25,888 

44                '4                " 

15 

Do.             ...              . 

18,000 

May        6, 

16 

Do.             .               .              . 

10,000 

4,      '• 

18 

Do.             ...               . 

21,000 

23,      " 

19 

Do.             ...               . 

192,000 

44     '          44 

21 

Henry  Jackson, 

8,000 

14                 it                '• 

22 

Do.          . 

8,000 

»           6,      " 

23 

John  Sinclair, 

5,074  20 

44               U                •' 

24 

Do.             .               .              . 

10,000 

44               "               '• 

25 

Do.             ...               . 

35,000 

44               41                44 

26 

Do.             .               ... 

Itj,  383  76 

<4               "                " 

27 

George  Lynham. 

45,000 

44               44                44 

28 

Do.         .              . 

42,000 

44               44                .4 

29 

Do.          . 

6,037  18 

"         23.      " 

30 

Paul  Bentalou. 

170,378  58 

44                   '4                   'k 

31 

Henry  Jackson, 

8,000 

44                      44                       4. 

33 

Do.          .... 

6,918  93 

fee                   44                   •• 

37 

Francois  Robert-, 

7,191   02 

4<               44                44 

38 

Do.        . 

2,000 

44                '4                44 

39 

Do.        . 

9,000 

44               4.                44 

40 

Do.        . 

9,000 

44               44                44 

41 

Do.        .... 

9,008  73 

44                "               " 

42 

John  Greenleaf, 

2,200 

44                "                44 

43 

Do.             ...               . 

2,200 

44                 '4                 <4 

44 

Do.              .... 

2,300 

44                44               44 

45 

Do.              .... 

2,565  89 

44                44               44 

46 

V idal  &  Co. 

18,900 

44                44                '4 

47 

Do.              ...                . 

18,910 

44               44                44 

48 

Do.             .               . 

18,900 

44         u         a 

49 

Do.             .                .                .                . 

19,293  91 

"         29,      " 

50 

Bajruenault,  &  Co.          .... 

8,600 

44               44               44 

51 

Do.          . 

8,700 

" 

52 

Do.          ....              . 

8,800 

4.                44                44 

53 

Do.          . 

8,336  70 

.4                .4               44 

54 

Le  Ray  de  Chaumont. 

27,000 

44               4.                " 

55 

Do. 

27,000 

44               44               4. 

56 

Do.                      .... 

27,000 

44               44               '4 

57 

Do.                     .... 

27,054  73 

44               44                " 

58 

Stephen  Dutilh.              .... 

3,951   69 

44               4.                44 

59 

John  Blagge,                   .... 

66,000 

44               4.               " 

60 

Do.              .... 

64,000 

44                44                44 

61 

Do.              ..... 

130,000 

4  4                44                <4 

62 

Do.              ..... 

130,000 

44                <4                44 

63 

Do.              .... 

133,480  43 

<4                44                44 

64 

Smith  and  Ridgway,      .... 

31.730  04 

44               44                44 

65 

Do.        . 

20,000 

44               4.                i' 

66 

Do.        .               .               -               .          ■     . 

51,000 

4  4               44               44 

67 

Do.        . 

51,000 

44               44               44 

68 

Do.        . 

51,000 

44                44               44 

73 

Fen  wick  Mason  &  Co. 

25,000 

44                44                44 

74 

Do.        . 

25.000 

44                44                44 

75 

Do.        . 

24, 000 

(.                44                ii 

76 

Do.        . 

25.987   11 

44                44                44 

77 

Murray  and  Mumford. 

4,000 

44               44                44 

78 

Do.         . 

4,000 

<l               4.                44 

79 

Do.        ....              . 

5,431  75 

44                    44 

80 

Do.        .        .       . 

4.000 

44               44                44 

81 

Holmes  and  Chequier, 

19,000 

44               44                44 

82 

Do.        . 

19,000 

44               44               44 

83 

Do.         . 

19,000 

44                44                '4 

84 

Do.        . 

19,453  81 

44                44                4< 

85 

Barthelemy  Cabarrus, 

4,000 

4(               44                 44 

86 

Do.                        .... 

4,517  29 

188 


FINANCE. 


[1806. 


List — Continued. 


DATE  OF  BILLS. 


May   29, 1805, 


30, 


June   4, 


NO.  OF 
BILLS. 


87 
88 
89 
90 
91 
92 
93 
94 
95 
96 
97 
98 
99 
100 
101 
102 
103 
104 
105 
106 
109 
110 
111 
112 
113 
114 
115 
116 
117 
118 
119 
120 
121 
122 
123 
124 
126 
127 
128 
129 
130 
131 
132 
133 
134 
135 
137 
138 
139 
140 
141 
142 
143 
144 
145 
146 
147 
148 
149 
150 
151 
152 
153 
154 
155 
156 
157 
159 
160 
161 
162 
163 
164 
165 
166 
167 
168 
169 
170 
171 
172 


IN  WHOSE  FAVOR  DRAWN. 


James  C.  Mountflorence,  transferree  of  Daniel  Hedges. 

Do.      . 
Felix  Helies,  transferree  of  Charles  Rieault, 
Do.  do. 

Do.  do. 

Do.  do. 

James  C.  Mountflorence,  transferree  of  Anthony  Butler, 

Do. 
Peter  Gilman, 
Do. 

Do.  .  .  . 

Do.  .  . 

Peter  Gilman, 

Joseph  White  and  Robert  Stone, 
Do.  do. 

Do.  do.  . 

Christian  Mayer,  representing  Valck  and  Co. 
Do.  do. 

Do.  do. 

Do.  do. 

Joseph  White  and  Robert  Stone, 
Joseph  White  and  William  Kimball, 
Bruneau, 

Louis  Honore  Guerlain, 

Do. 

Do. 

Do. 

Lorin, 

Do. 

Do.  ... 

Do.  ... 

Joshua Orne,  representing  Wm.  R.  Lee,  Jos.  Wilson,  and  Jos.  Sewall 
Do.  do. 

Do.  do. 

Do.  do. 

Do.  do. 

James  Swan, 
Do. 
Do. 
Do. 
David  Tilden. 
Do. 
Do. 
Do. 
Joshua  Orne,  representing  Samuel  Smith, 


do, 
do 
do 
do 


Do.  do. 

Do.  do. 

Moses  Myers, 

Do.  do 

Do.  do. 

Do.  do. 

John  Marrast, 

Do. 

Do. 

Do. 
Jacob  Shoemaker, 

Do. 

Do. 

Do. 
Paul  R.  Randal. 

Do. 

Do, 

Do 
Ann  Burrows  and  Jos 


do. 
do. 

do. 
do. 
do. 


Vansise,  administrators  of  the 


do. 


ianiMcCreery, 


Do.  do. 

Dennis  Lamy, 

Do. 

Do. 

Do.         transferree  of  W 
W'illiam  Duncan, 

Do. 

Do. 

Do.  . 

John  Endicott, 

Nicholas  Broughton,  William  R.  Lee,  and 
John  Plankinhorn, 

Do. 

Do. 

Do. 
Samuel  Derby, 

Do.  .  .  . 

John  Johnson, 


do 


William 


do 
do, 
do 
do 


late  John  Burrows 


Lee, 


AMOUNT. 


Francs.  Centim. 


28 


68 


40 


50 
52 


47 


4,589 

4,000 

4,000 

3.467 

3,000 

3,000 

1,351 

1,304 
12,500 
12,600 
25,000 
25,000 
25,218  78 

5,000 

5,000 

4,615  95 

7,500 

7,500 

7,500 

7,673  42 

5,000 

2,725 

2,203 
24,000 
24,000 
24,000 
24,541 
44,000 
44.000 
44,000 
43,972  50 
30,000 
30,000 
32,749  38 
16,769  50 
16,769  50 
13,391  73 
12,000 
11,000 
11,000 
27,000 
28,000 
26,000 
26,159  53 
12,000 
12,000 
13,766  40 
51,000 
54,000 
54,000 
57,818 
14,000 
15,000 
15,000 
14,367 
16,000 
16,000 
16,000 
17,988 
13,000 
12,000 
14,000 
12,004  68 
10,000 

4,271 


54 


19 


07 


71 


7,000 

7,000 

7,085 

2,830 

9,341 

9,000 

9,000 

9,000 

6,929 
10,912  58 
10,630  03 
10,000 
12,000 
11,000 

5,388 

12,000 

878 


10 
58 
01 


10 


89 


59 


1806.] 


PAYMENTS    UNDER   FRENCH    CONVENTION. 


189 


LIST — Continued. 


DATE     OY    BILLS. 


June       4,  1805, 


4, 


13, 


NO  OP 
BILLS. 


174 

175 
176 
177 
178 
179 
180 
181 
182 
183 
184 
185 
186 
187 
189 
190 
191 
192 
193 
194 
195 
196 
197 
198 
199 
200 
201 
202 
203 
204 
205 
206 
208 
209 
210 
211 
212 
213 
214 
215 

216 
217 

218 
219 


220 
221 
222 
223 
224 
225 
226 
227 
228 
229 
230 
231 

232 
233 
234 
235 
236 
237 
238 
239 
240 
241 
242 
243 
244 
245 
246 
247 
248 
249 
250 

251 
251 


IBT      WHOSE     KATOK     DIIAWN. 


James  Gambler, 
Robert  Mickle, 

Do.  ...  . 

Mary  Motley,  administratrix  of  Alexander  Motley, 
Fenwick  Macon  &,  Co. 
Anthony  Laussat, 
Stephen  Girard, 

Do.  .  . 

Do.  .... 

Michael  O'Mealy,  transferree  of  John  Holmes, 

Do.  do.  do. 

Do.  do.  do. 

Do.  do.  do. 

Samuel  Watt, 
Thomas  Ogier,  transferree  of  Thomas  Wallace, 

Do.  do.  do. 

Do.  do.  do. 

Do.  do.  do. 

Richard  H.  Wilcocks,  executor  of  John  Wilcocks, 

Do.  do.  do. 

Do.  do.  do. 

Do.  do.  do. 

Samuel  Aborn  and  James  Rhodes, 
Watson  and  Paul, 
Samuel  Toplift'and  Ebenezer  Gay, 
Pratt  and  Kintzing, 
John  Dunlap  and  Thomas  Irving, 

Do.  do. 

Do.  do. 

Do.  do. 

Do.  do. 

Tunno  and  Cox,  and  Miller  and  Robertson, 
Jacob  Siioemaker, 

Do.  ...  . 

Do.  .  .  . 

Do.  transferree  of  Andrew  Summers,  jun. 

Do.  do. 

Do.  do. 

Do.  do.  . 

Henry  Pratt,  for  himself,  and  as  administrator  of  Fred.  W 
Wm.  Decker  &  Co.,  Harper  &  Snowden,  and  James  King 

Do.  do. 

Do.  do. 

Do.  do.  .  . 

James  Ash,  for  himself,  and  as  administrator  of  James  Craig,  Robeson 
and  Paul.  Ann  Carhart,  administratrix  of  \Mlliam  Carhart,  and  Jos 
Higbee,  transferree  of  P.  Hunt, 

Do.  do. 

Do.  do. 

Do.  do. 

William  Glover,  and  John  Tittermary  and  Sons, 


Sterman 


Do 
Do. 
Do. 

James  Robinson 
Do. 
Do. 

James  Robinson 


do. 
do. 
do. 


administrator  of  Timothy  Gay, 
do.  do. 

do.  do. 

administrator  of  Timothy  Gay,       . 
Daniel  Jackson,  Charles  Jackson,  William  Sturtivant.  and  Lucy  Mar- 
cv,  administratrix  of  Stephen  Marcy,  . 
"Do. 
Ebenezer  Parsons,  .  .  .  . 

William  Patterson,. 

Do.  .... 

Stephen  Higginson  and  William  Parsons,  . 
Do.  Do.  . 

Do.  Do. 

Do.  Do. 

Do.  Do. 

Do.  Do. 

Do.  Do. 

Do.  Do. 

Abner  sVood,  .  .  .  . 

Do.  .... 

Deborah  Stewart,  executrix  of  General  Walter  Stewart, 
Do.  Do. 

Do.  Do. 

Do.  Do.  . 

Ephraim  Kendall  and  Jonathan  IngersoU,  administrator  of  Philip  Ham 

mond,jun.  .... 

Benjamin  Wilson.  .... 

Will  am  Retts,  .... 

25         ft 


AMOnST. 


Francs.  Centim. 


14,394  20 

6,495  93 
13,000 

2,762  64 

5,925 

1,869  25 

9,915  74 
11,706  28 
10,276  48 
11,578  20 
10,000 
10,000 
10,000 

8.558  67 

6,225  33 

5,000 

5,000 

5,000 

5,202  93 

5,000 

5,000 

5,000 

6,136  33 
11,636  95 

8,695  54 
11,377  98 
19,000 
19,000 
19,000 
15,830  74 

5,400 

6,423 
18,714  55 
20,000 
20,361  27 
14,269  30 
14,000 
13,000 
13,000 


41,000 

41,000 

41,000 
43,870 

45 

35,000 

35,000 
35,000 

37,377 
7,909 

80 
04 

7,000 

8,000 
8,100 

7,000 

7,000 
8,000 
8,504 

08 

4,958 

19 

13,000 
12,109 

92 

5,823 

64 

6,075 
2.3,000 
22,000 

15 

00 

22,000 

00 

22,914 

35 

12,000 

12,000 

12,000 

12,117 

5,380 

73 
20 

12,000 
6,736 
5,000 
5,000 

77 

5,000 

6,064  87 
8,518  58 
5,609  80 

190 


FINANCE. 


[1806. 


LIST — Continued. 


DATE  OF  BILLS. 


June  13,  1805. 


n 


it 


8, 


13, 

it 


10, 


n  " 


NO.  OF 
BILLS. 


5. 

252 

i 

253 

( 

254 

i 

255 

i 

256 

b 

257 

U 

258 

; 

259 

U 

260 

»i> 

261 

ik 

262 

ii 

263 

ii 

264 

i^ 

265 

ki 

266 

** 

267 

;( 

•268 

ifc 

269 

44 

270 

44 

271 

k4 

272 

•>4 

274 

b4 

275 

44 

276 

44 

277 

44 

278 

^* 

279 

4( 

280 

4h 

281 

44 

282 

4b 

283 

(  • 

284 

4b 

285 

44 

286 

4b 

287 

44 

288 

44 

289 

44 

290 

44 

291 

44 

292 

44 

293 

4( 

294 

44 

295 

4» 

296 

bb 

297 

4  4 

298 

b4 

299 

4  4 

300 

b4 

301 

4b 

302 

fcb 

303 

4b 

304 

44 

305 

%4 

306 

%4 

307 

b4 

308 

44 

309 

(4 

310 

44 

311 

44 

312 

4b 

313 

b4 

315 

4b 

316 

44 

317 

b4 

318 

44 

319 

44 

320 

44 

321 

4b 

322 

44 

323 

b4 

324 

4b 

325 

'• 

326 

4b 

327 

b4 

328 

44 

329 

44 

330 

4* 

331 

4  > 

332 

4b 

333 

44 

334 

IN  WHOSE  FAVOR  DRAWN. 


William  Betts, 

Do.  .  .  • 

Do.  .  . 

David  Spear,  .  .  • 

William  Prestman  and  Abraham  M'Causland, 
Do.  Do. 

Do.  Do. 

Do.  Do. 

Nathaniel  West, 

Robert  Patton,  traiisferree  of  Joshua  Barney, 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

Richard  Salter  and  James  Sheafe, 
Do.  Do. 

Do.  Do. 

Do.  Do. 

John  Carrere  and  William  Wyse, 
Joshua  Orne,  representing  Joseph  Howard,  . 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

John  Carrere  and  William  Wyse, 
Do.  Do. 

Do.  Do. 

George  Frost  Blunt, 
Jonathan  Titcomb, 
Do. 
Do. 
Do. 
Henry  Hodge, 
Do. 
Do. 
Do. 
John  Leaniy, 
Do. 
Do. 
Do. 
John  Peters, 
Petit  and  Bayard,      , 
Do. 
Do. 
Do. 
George  Dunham, 
Ludwig  Dupasquier,  . 

William  Bell,  Joseph  Bell,  and  Joseph  Watson. 
Ludwig  Dupasquier, 
Do. 

Do.  .  .  . 

Baguenault  and  Co.  transferrees  of  James  Swan, 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

Michael  O'Mealy,  transferree  of  James  Swan, 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

Perregaux  and  Co.     . 

Do.  .  . 

Do.  .  .  . 

Do.  .  . 

Luke  Callaghan,  transferree  of  William  Thaller, 
Chaubry  de  la  Roche,  transferree  of  Judas  Hayes, 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

Michael  O'Mealy,  transferree  of  James  Swan, 
Do.  do.  Do. 

Do.  do.  Do. 

Do.  do.  Do. 

Edward  Staples,  for  himself,  and  as  administrator  ot  Thomas  Adams, 
Do.  Do. 

Do.  Do. 

Do.  Do. 

J.  Audenet  &  Co.  and  Wilhem  and  Jan  Willink, 
Do.  Do. 

Do.  Do. 

Do.  Do. 

Michael  O'Mealy,  transferree  of  John  Holmes, 
Do.  do.  Do. 

Do.  do.  Do. 


AMOUNT. 


Francs.  Centim. 


08 


6,000 
6,000 
6,000 
9,388  87 
19,917  04 
19,000 
19,000 
20,500 
5,472  59 
13,589  04 
13,000 
12,000 
12,000 
19,908  88 
19,000 
19,000 
19,000 
9,698 
26,000 
26,000 
26,000 
36,368  92 
9,000 
9,000 
9,000 
10,744  60 
21,000 
21,000 
21,000 
20,932  38 
7,000 
8,000 
7,000 
7,174  62 
16,446  30 
15,000 
15,000 
15,000 
2,637 
58,728 
56,000 
55,000 
57,853 
3,338 
19,000 
5,447 
19,000 
19,000 
18,549  98 
8,000 
8,000 
8,000 
9,290  60 
51,000 
51,000 
51,000 
54,774  40 
8,000 
8,000 
8,000 
8,644  29 
7,798  10 
7,000 
7,000 
7,000 
6,714  69 
40,000 
40,000 
40,000 
41,691 
8,000 
9,000 
8,000 
9,633 
75,000 
75,000 
75,000 
65,050 
10,000 
10,000 
10.000 


77 
10 


68 
15 

55 


33 


75 


1806.1 


PAYMENTS    UNDER    FRENC  H^  C  ONVENTION. 


191 


LIST — Continued. 


1 

AMOUNT. 

DATE 

OB'  BILLS. 

NO.   OF 
BILLS. 

IN  WHOSE  FAVOR  DRAWN. 

Francs.   Centiin. 

June 

19, 

1805, 

335 

Michael  O'Mealy,  transfenee  of  John  Holmes, 

11,295   10 

ii 

(fa 

fa< 

336 

Elias  John  Rowe,  administrator  of  John  liow,  and  Hannah  Davis,  ad- 
ministratrix of  Estiphalet  Davis, 

5,000 

a 

fafa 

fafa 

337 

Do. 

a 

6,000 

a 

(fa 

fafa 

338 

Do. 

5,000 

a 

i( 

fafa 

339 

Do. 

6,028  72 

a 

(( 

fafa 

340 

John  Marsden  Pintard, 

11,893  80 

a 

27, 

fafa 

341 

Joseph  Russel.  Jan. 

9,000 

a 

(( 

(fa 

342 

Do. 

9,000 

(( 

c( 

fafa 

343 

Do. 

9,000 

(( 

(( 

(( 

344 

Do. 

8,764  79 

(( 

(( 

fafa 

349 

Patrick  Hogan, 

8,745  74 

a 

C( 

fafa 

350 

Wheaton  and  Tisdale, 

5,846   10 

ii 

Ifa 

fafa 

351 

Do.              Do. 

12,000 

(( 

(( 

fafa 

352 

Do.              Do. 

5,295  23 

(' 

(( 

fafa 

353 

Do.              Do. 

12,000 

a 

b( 

fafa 

352 

Samuel  and  John  Smith, 

12,461  77 

a 

21, 

fafa 

360 

Henry  Lawrence  Waddell, 

150,000 

a 

(( 

fafa 

361 

Do. 

150,000 

t( 

(( 

fa( 

362 

Do. 

150,000 

a 

(( 

(fa 

363 

Do. 

65,000 

a 

(( 

(( 

364 

Do. 

10,000 

n 

(( 

(fa 

364 

Do. 

10,000 

a 

(( 

(fa 

364 

Do. 

13,000 

11 

« 

(fa 

365 

Do 

20,000 

a 

(( 

fafa 

365 

Do. 

10,000 

it, 

(( 

fafa 

366 

Do. 

10,000 

a 

(( 

fafa 

367 

Do. 

8,000 

a 

(( 

fafa 

368 

Do. 

5,142  95 

n 

(( 

fafa 

375 

Joseph  Russel, 

3,062 

it 

(( 

fafa 

376 

Do. 

13,000 

i' 

(fa 

(fa 

377 

Do. 

15,000 

(i 

fafa 

fafa 

378 

Do. 

15,000 

(( 

fafa 

fa( 

379 

Nathaniel  Fellows, 

11,000 

(( 

fafa 

fat 

380 

Do. 

12,000 

a 

(fa 

fafa 

381 

Do. 

12,000 

fa* 

(fa 

fafa 

382 

Do. 

11,570   17 

(' 

fa. 

fafa 

383 

Fenwick  Mason  &  Co.    . 

7,910  03 

t> 

fa( 

(fa 

384 

Governeur  and  Kemble, 

22,000 

(( 

fafa 

fafa 

385 

Do. 

22,000 

(« 

fa( 

fafa 

386 

Do. 

22,000 

(( 

fa( 

fafa 

387 

Do. 

21,744  27 

a 

fafa 

fafa 

388 

Joseph  White  and  Andrew  Dunlap, 

6,531  48 

ti, 

fafa 

fafa 

389 

Anthony  Butler, 

7,726  50 

a 

fa. 

fafa 

394 

Titus  Wells, 

3,467  92 

a 

(fa 

fafa 

395 

James  Swan, 

5,650  75 

<,i> 

(fa 

fafa 

396 

Do. 

10,000 

a 

fafa 

fafa 

397 

Samuel  Hatch, 

9,247  45 

a 

(( 

fafa 

398 

James  Swan,  tnansferree  of  John  C.  Jones, 

18,000 

fafa 

(fa 

fafa 

399 

Do.               do.                do. 

18,000 

(> 

fafa 

fafa 

400 

Do.               do.                do. 

18,000 

(fa 

(fa 

fafa 

401 

Do.               do.               do. 

18,304  80 

fafa 

(fa 

fa. 

403 

Lawrence  Vial, 

13,790  89 

fafa 

(. 

.fa 

404 

James  Swan, 

43,000 

a 

fa  fa 

.fa 

405 

Do. 

108,000 

fafa 

(fa 

fafa 

406 

Do. 

24,722 

ifa 

(( 

fafa 

407 

Do. 

109,000 

(fa 

(( 

(fa 

409 

Joseph  Russell, 

16,191  33 

fafa 

27, 

(( 

412 

Joseph  Young,  Jr. 

8,420  33 

fafa 

(fa 

fafa 

413 

Samuel  Lewis, 

7,000 

(fa 

(fa 

fafa 

414 

Do. 

7,000 

fafa 

(fa 

fafa 

415 

Do. 

6,000 

(fa 

(fa 

fafa 

416 

Do. 

6,833 

(fa 

(( 

fafa 

417 

Gross  Davillier  &  Co.    . 

5,662  83 

fafa 

fafa 

fafa 

429 

Joseph  Fenwick, 

16,422  58 

fafa 

(fa 

fafa 

420 

Do. 

16,000 

(fa 

fafa 

fafa 

421 

Do. 

12,900  52 

fafa 

fat 

(fa 

422 

Do. 

16,000 

(fa 

19, 

(( 

423 

James  Swan, 

50,000 

fa. 

fafa 

(fa 

424 

Do. 

45,000 

(fa 

(( 

(fa 

425 

Do. 

30,000 

(fa 

(fa 

fafa 

426 

Do. 

61,000 

fafa 

fafa 

fafa 

427 

Do. 

59,000 

(fa 

(fa 

fafa 

428 

Do. 

51,000 

i( 

fa( 

fafa 

429 

Do. 

57,000 

(fa 

fafa 

fafa 

430 

Do. 

20,241   05 

(fa 

27, 

.fa 

431 

James  Barry, 

80,000 

(fa 

(fa 

fafa 

432 

Do. 

70,000 

ifa 

(fa 

fafa 

433 

Do. 

80,000 

Cfa 

(fa 

fafa 

434 

Do. 

50,000 

fafa 

fafa 

fafa 

435 

Do. 

20,000 

fa. 

(fa 

fafa 

436 

Joshua  Barney, 

30,000 

fafa 

fafa 

fafa 

437 

Do. 

30,000 

192 

FINANCE. 

LI  806. 

LIST — Continued. 

1 

AMOUNT. 

OF    BILLS. 

NO.  OF 

IN  WHOSE  FAVOR  DRAWN. 

DATE 

BILLS. 

Francs.  Centim. 

June 

27,  1805, 

438 

Josliua  Barney,               .                   • 

80,000 

44 

44 

44 

439 

Do. 

•  1 

40,000 

44 

44 

44 

440 

Do. 

80,000 

44 

44 

44 

441 

Do. 

40,000 

44 

44 

44 

442 

Benton  and  Hall, 

36,000 

44 

44 

44 

443 

Do. 

25,000 

(4 

44 

44 

444 

Do. 

36,000 

44 

44 

44 

445 

Do.                     .... 

37,331   61 

July 

30, 

44 

44G 

Margaret  Dorothy  Schutt,  widow  and  executrix  of  Caspard  Christian 
Schutt,                        ..... 

38,500 

44 

44 

44 

447 

Do.                   do.                   do.                   do.                  do. 

38,500 

44 

44 

44 

448 

Do.                  do.                   do.                   do.                   do. 

38,500 

44 

4fc 

44 

449 

Do.                  do.                  do.                   do.                   do. 

38,864 

44 

44 

h4 

450 

Jacob  Shoemaker,  transferree  of  Britton  and  Massey,  and  Andrew 
Summers,  Jr.               ..... 

5,500 

44 

44 

44 

451 

Do.                   do.                  do.                  do.                   do. 

5,500 

44 

44 

44 

452 

Do.                  do.                   do.                  do.                  do. 

5,500 

44 

44 

44 

453 

Do.                  do.                   do.                   do.                  do. 

5,581   10 

44 

44 

44 

454 

Edward  Carrol,             ..... 

18,623  08 

44 

44 

44 

455 

Do. 

20,000 

44 

it 

44 

456 

Do. 

20,000 

4. 

44 

44 

457 

Do. 

20,000 

44 

44 

44 

458 

Israel  Thorndike, 

13,842 

44 

44 

44 

459 

Do. 

14,000 

44 

44 

44 

460 

Do. 

14,000 

44 

44 

44 

461 

Do. 

14,000 

44 

44 

44 

458 

Benjamin  and  Samuel  Lovett, 

10,226 

44 

44 

44 

459 

Do. 

11,000 

44 

44 

44 

460 

Do. 

11,000 

44 

14 

44 

461 

Do. 

11,000 

44 

44 

44 

462 

John  Buffington,  Joseph  Sprauge,  and  Joseph  Sprauge,  Jr. 

54,394  02 

44 

44 

44 

463 

Do.                   do.                  do. 

55,000 

44 

44 

44 

464 

Do.                   do.                  do. 

55,000 

44 

44 

44 

465 

Do.                  do.                  do. 

55,000 

August  4. 

it 

466 

Fielder  Dorset,  captain  of  the  Patuxent  Planter, 

4,563  99 

44^ 

44 

44 

467 

William  Springer,  captain  of  the  ship  Hannah, 

3,079  36 

44 

3, 

4c 

468 

Moses  Brown,                .                  .                   . 

5,963  92 

44 

44' 

44 

469 

Amasa  Davis,  and  Stephen  Rawson  surviving  partner  of  the  house  of 
Rawson  and  Davenport,                .... 

4,846  18 

44 

(4 

44 

470 

Do.                   do.                  do.                  do.                  do. 

4,500 

44 

44 

44 

471 

Do.                   do.                  do.                  do.                  do. 

4,500 

44 

44 

44 

472 

Do.                   do.                  do.                  do.                  do. 

4,500 

44 

4, 

44 

473 

William  Thompson,  surviving  partner  of  the  house  of  Thompson  &Co. 

18,798  09 

«4 

44 

44 

474 

Do.                   do.                  do.                   do.                  do. 

19,000 

44 

41 

«4 

475 

Do.                   do.                  do.                   do.                  do. 

19,000 

14 

44 

44 

476 

Do.                  do.                  do.                  do.                  do. 

19,000 

<4 

44 

«4 

477 

Thomas  Payne,              ..... 

6,622 

44 

4( 

44 

478 

Do. 

7,000 

44 

44 

4b 

479 

Do.                     ... 

7,000 

44 

44 

44 

480 

Do.                     ... 

7,000 

44 

44 

" 

481 

David  Thompson,  supercargo  of  the  Oneida,     . 

74,777  60 

44 

44 

44 

482 

Do.                   do.                  do. 

75,000 

44 

44 

44 

483 

Do.                  do.                  do. 

75,000 

44 

44 

44 

484 

Do.                  do.                  do. 

75,000 

44 

44 

44 

485 

Thomas  Cutts,  Jr.  captain  of  the  Minerva, 

3,402  69 

44 

44 

t4 

486 

Do.                  do.                  do. 

4,000 

44 

44 

44 

487 

Do.                  do.                  do. 

4,000 

44 

44 

44 

488 

Do.                  do.                  do. 

4,000 

44 

44 

44 

489 

Paul  Siemen, 

6,491   07 

44 

<4 

44 

490 

Do. 

5,000 

44 

44 

44 

491 

Do. 

5,000 

44 

44 

44 

492 

Do. 

5,000 

44 

5, 

4. 

493 

Do. 

4,742 

July 

30, 

44 

494 

Siettee  la  Rousselliere, 

6,612  53 

44' 

44' 

44 

495 

Stephen  Girard, 

3,400  40 

44 

44 

44 

496 

Do. 

3,500 

44 

44 

44 

497 

Do. 

3,500 

44 

44 

44 

498 

Do. 

3,500 

14 

44 

44 

499 

Paul  Bentalou,  transferree  of  James  Monroe, 

3,878  90 

44 

44 

44 

500 

Do               do                    do 

3,700 

44 

44 

(( 

501 

Do              do                    do 

3,700 

44 

44 

44 

502 

Do              do                    do 

3,700 

14 

44 

44 

503 

Jeffrey  and  Russell, 

4,048  75 

44 

44 

44 

504 

Do 

3,505  63 

44 

44 

44 

505 

Stewart  and  Plunket,    . 

12,752  27 

44 

44 

44 

506 

Do 

13,000 

44 

44 

14 

507 

Do 

13,000 

44 

44 

44 

508 

Do 

13,000 

44 

44 

44 

509 

Edward  Hall, 

3,232  29 

44 

44 

44 

510 

Do        ' 

4,000 

4. 

4( 

44 

511 

Do 

4,000 

44 

44 

44 

512 

Do 

4,000 

44 

4( 

44 

513 

Denton  and  Hall, 

4,147  32 

44 

(4 

44 

514 

John  Pettingel  and  Leonard  Smith 

) 

4,552  50 

J  806.] 


PAYMENTS   UNDER  FRENCH    CONVENTION. 


193 


LIST — Continued. 


DATE  OF  BILLS- 


July      30,  1805, 

6h                   4(  ^i 

!•                 it  H 

August  6,  " 


Sept. 


16, 

2, 


Aug.      16, 


Sept.      2, 


3, 


2, 


Aug. 

4b 

16, 

44 

46 

it 

Sept. 

2, 

3, 


<4 


NO.  OF 
BILLS. 


515 

516 
517 
518 
519 
520 
521 
522 
523 

524 
525 

526 
527 
529 

530 
531 
533 
534 
535 
536 
537 
538 
539 
548 
549 
550 
551 
552 
553 
554 
555 
556 
557 
558 
559 
560 
561 
562 
563 
564 
565 
566 
567 
569 

570 
571 
572 
573 

574 
575 

576 

577 
578 
579 
580 
581 
582 
583 
584 


IN   WHOSE   FAVOR  DKAWV. 


John  Pettingel  and  Leonard  Smith, 

Do  do 

Do  do  .  . 

Benjamin  Beale,  transferree  of  Zebedee  Ferry, 
James  Hemphill,  late  supercargo  of  the  ship  Sally, 

Do  ... 

Do  ... 

Do  ... 

John  Steinmetx  and  John  Brinton,   executors  of  the  estate  of  the  late 
John  Steinmetz, 

Do  do  do 

Do  do  do 

Do  do  do 

Alexr.  Black,  late  master  of  the  brig  Samuel,  of  Providence. 
Thomas  Arnold  and  the  widow  of  Patience  Arnold,  adm'rs  of  the  estate 
of  Welcome  Arnold  and  Gibbsand  Channing, 

Do  do  do    . 

Do  do  do    . 

Solomon  Cook,  late  master  of  the  schooner  Sea  Flower, 

Do  do 

Do  do 

James  Swan, 

Do 

Do 

Do 
Otis  and  Mackay, 

Do 

Do 

Do 
Delessert  &  Co.,  transferees  of  Seaton  and  Maitland, 

Do  do  do 

Do  do  do 

Do  do  do  . 

George  Ellis,  surviving  partner  of  the  house  of  G.  &  Ths.  Ellis, 

Do  do  do  . 

Do  do  do 

Do  do  do 

Clement  and  Taylor,  (for  the  Phoebe,  Smith)     . 

Do  do 

Do  do 

Do  do 

Do  (for  the  Nancy,  Davidson,) 

Do  do 

Do  do 

Do  do 

James  Brian,  for  account  of  Isaac 
drew  Morris, 

Do  do 

Do  do 

Do  do 


Hendrickson,  John  Way,  and  Au 


do 
do 

do 


of  th 


John  Miller,  Jr.,  Thomas  Mifflin,  and  Hugh  Ely,  administrators 
estate  of  Philip  Care  and  Thomas  Horton,     . 

Do  do  do 

Do  do  do 

Do  do  do 

LeRay  de  Chaumont,  in  right  of  James  Barry,  (by  a  judgment) 
Do  do  do 

Do  do  do 

James  Barry, 

Do  .... 

Do  .  . 

Do 

John  Ciaig,  Charles  Heatly,  David  Lenox,  James  Boland,  John  Holker 
and  M.  O'Mealy,  executors  of  M.  M.  O'Brien,  or  either  of  them. 


585 

Do 

586 

Do 

577 

Do 

588 

Richard  Beard, 

593 

David  Stewart  and  Sons, 

594 

Do 

595 

Do 

596 

Do 

597 

Do 

598 

Do 

599 

Do 

600 

Do 

601 

Nicklin  and  Griffith,       . 

603 

Do. 

604 

Do. 

605 

Do. 

606 

Do. 

AMOUNT. 


Francs.  Centim. 


5,000 

5,000 

5,000 

3,280  73 
63.000 
63,000 
63,000 
61,849  33 

9,006  25 
10,000 
10,000 
10,000 

8,126  90 

9,000 

9,000 
10,244   14 

8,000 

8,000 

9,143  47 
14,500 
12,750 
16,250 
14,726 

8,500 

8,500 

8,500 

9,323  21 

8.267  18 
8,500 
8,500 
8,500 
3,000 
3,000 
3,000 
3,321  04 

10,500 
10,500 
10,500 
11,085  80 

3,000 

3,000 

3,000 

2,798  70 

9,273  38 
10,000 
10,000 
10,000 

2.268  97 
3,000 
3,000 
3,000 
7,000 
7,000 
6,903  64 
7,000 
7,000 
7,000 
7,160  34 

30,500 
24,400  79 
30,500 
30,502  23' 

7,939  50 
33,270 
35,000 
35,000 
35,000 

3,712 

3,700 

3,700 

3,700 
18,264  65 
52,303   10 
75,000 
75,000 
75,000 


40 


50 


19^ 


F  I  N  A  y  C  E. 


[1806. 


LIST— Continued. 


DATE   OF   BILLS. 


«ept.      .3.  1S05. 


18.      '• 


••         24. 


October  9. 


NO.  OF 
BILLS. 


607 
60S 
609 
610 
611 

612 
613 
614 
615 

616 
619 

6^0 
6-21 
6 -J -J 
6-23 
624 
625 
626 
627 
628 
628 
6-29 
630 
631 
632 
633 

334 
635 
636 
637 
639 
640 
641 
642 
643 
648 

649 
650 
651 
652 
653 
654 
655 
656 
657 
658 
659 
660 
661 
662 
663 
664 
665 
666 
667 
668 
669 
670 
679 
680 
681 
682 
686 
687 
638 
689 
690 
691 
692 

713 

714 
715 
716 
717 


IV    WHOSE    FAVOR    DRAWN. 


Joseph  Bui**on. 

Do. 

Do. 

Do. 

David  H.  Cunningham,  as  owner  of  the  ship  America,  embargoed  at 
Bordeaux.  .... 

Do.  do.  do. 

Do.  do.  do. 

Da  do.  do. 

J.  I^aureus.  transferree  of  Robert  Lee.  as  master  of  the  ship  Richmond 
embargoed  at  Bordeaux. 

Do.  do.  do. 

Joseph  Fenmck,  for  the  Maryland.  Captain  Speke.  embargoed  at  Bor 
deaux.        .  .  .  .  .  ^   . 

Do.  dp.  do. 

Do.  do.  do. 

Do.  do.  do. 

Steplien  Girard.  as  owner  of  the  Good  Friends,  embargoed  at  Bordeaux 

Do.  do.  do. 

Do.  do.  do. 

Do.  do.  do. 

Joseph  Russell,  jr.  owner  of  the  ship  Fame.  Captain  Coleman 
Fulwar  Skipwith.  ..... 

Do.  .  .  .  .  , 

Isaiali  .Snow,  as  master  and  owner  of  the  Industry.  . 

Do.  do.  .  "     . 

Do.  do.  ... 

Do.  do.  ... 

Jacob  Shoemaker  and  Jacob  Baker,  administrators  or  transferrees  of 
John  Swanwick.        ..... 

Do.  do.  do. 

Do.  do.  do. 

Do.  _  do.  do. 

Abraliam  Wirt,  transfeiree  of  Mathias  Keely  and  Constant  Xorthon, 
Ann  Carhart  and  Joseph  Brown. 

Do.  do. 

Do.  do.  ... 

Do.  do.  ... 

^\illiam  Pote,  as  master  of  the  Columbia,  embargoed  at  Bordeaux. 
"\^  illiam  Russell,  as  master  and  owner  of  the  schooner  Hannah,  embar 
goed  at  Bordeaux 

Do.  do.  da 

Do.  do.  do 


t 

do. 


do 


representative  of  Thomas  Davis 
do.  F.  Bradbury. 


Do. 

Fulwar  Skipwith 

Yellot.  Oliver,  and  Thompson 

Do. 

Do. 

Do. 
Fulwar  Skipwith 

Do. 
Thomas  Xasli. 

Do. 

Do. 

Do. 
Fulwar  Skipwith. 

Do. 

Do. 

Do. 
John  R.  Livingston, 

Do. 

Do. 

Do. 
Smith  and  Buchanan 

Do. 

Do. 

Do. 
Schweighauser  and  Dobi 
Thomas  Keown 
Peter  Dallarde. 
Daniel  Sargent, 

Do. 
Magagnos.  (widow)  tran 
William  Mackay,  for  h 

deceased,   .... 

,  survinng  partner  of  the  house  of  W 


ee,  representing  John  Willis, 


sferree  of  Benjamin  Conner, 

mself,  and  a^  administrator  of  Joseph 


Joseph  Sim 
Sims, 

Do. 

Do. 

Do. 
John  Thompson 


do. 
do. 
do. 


do 
do 
do. 


Hussey, 


oodrop  and  JosejJi 


AMOUNT. 


"Francs.  Centim. 


10.000 
10.000 
10.000 
11,446  42 

7,987  So 
8.000 
8.000 
8,000 


2.790 
2.800 


39 


34 


92 
60 


8.500 
8,500 
8.500 
9.162 
8,000 
8.000 
8.000 
8.242 
1,137 
6,696  93 
352  50 
6.000 
6.000 
6.000 
6.253 

10.472  72 
11.000 
11.000 
11.000 

5.684  10 

3.000 

3.000 

3.000 

3.141  52 

4,914  94 

3.000 

3.000 

3.000 

3.941 
720 
34.000 
34.000 
34.000 
24.302  95 

5.306  45 
670 

2,000 

2,000 

2.000 

2.252 

5.600 

5,600 

5,600 

5,930 

100,000 

100,000 

100.000 

] 00.000 

17.000 

16.000 

16.000 

17.994 

32,967 

10.435 

7.585 

7,233 

8,000 
11,055  42 


19 
92 


59 


U 


73 
50 
12 
14 
53 


10,220  98 

10,000 
10,000 

10.000 
10,009  60 
5,700 


1806.] 


PAYMENTS  UNDER    FRENCH   CONVENTION, 


195 


LIST— Continued. 


AMOUNT. 

DAT 

E  OF 

BILLS. 

NO.  OF 
BILLS. 

I\  WHOSE  FAVOR  DRAWN. 

Francs.   Centim. 

Oct. 

% 

1805, 

718 

John  Thompson,       ----- 

5,700 

ii 

4k 

ii 

719 

Do.                -                   -                  -                  -                   - 

5,700 

ki 

44 

(k 

720 

Do.                                   -                   -                  -                  - 

5,965   14 

(4 

4k 

41. 

721 

John  Sheafe,             -                   _                   .                  -                   - 

3,035  53 

a 

4k 

4b 

722 

James  Sheafe,            "''"." 

3,035  53 

(4 

kk 

'* 

724 

William  H.  Sargeant,  owner  of  the  schooner  Sans-Souci.  embargoed  at 
Bordeaux,             -                    -                    -                   -                    - 

9,605  08 

4« 

44 

a 

733 

Thomas  Morris,        -                    .                   -                   -                    . 

5,300 

ik 

4» 

a 

734 

Do.                .                  -                   -                   .                  . 

5,300 

44 

44 

h4 

735 

Do.                -                   -                  -                   -                  - 

5,300 

44 

44 

1.4 

736 

Do.                -                   -                   -                  - 

5,395 

4k 

kk 

44 

737 

Sedi  Barton,             ----- 

3,000 

ik 

i.k 

44 

738 

Do.                    ----- 

3,000 

kk 

kk 

4b 

739 

Do.                    .                   -                  -                   .                  - 

3,000 

t4 

4k 

44 

740 

Do.                    ----- 

3,345  19 

44 

(k 

44 

741 

Edward  Staples,  administrator  of  the  estate  of  Thomas  Adams,  owner 
of  the  brig  Diana,  embargoed  at  Bordeaux, 

6,807  82 

44 

44 

<4 

742 

Nathaniel  Fellows,  owner  of  the  ship  the  Genet,  embargoed  at  Bordeaux, 

6,589  05 

4» 

4k 

it 

743 

John  O'Brien,  owner  of  the  ship  Hibernia,  embargoed  at  Bordeaux, 

2,800 

4h 

4k 

4b 

744 

Do.                  do.                  do.            - 

2,800 

<k 

kk 

4b 

745 

Do.                  do.                   do.            - 

2,800 

4b 

4k 

44 

746 

Do.                  do.                   do. 

2,820  48 

fck 

k4 

44 

747 

Lemuel  Weeks,  Daniel  Tucker,  and  Ebenezer  Mayo,  owners  of  the 
ship  Merchant,  embargoed  at  Bordeaux, 

4,500 

4k 

kk 

4a 

748 

Do.                   do.                   do.            -                   .                   - 

4,500 

fc» 

44 

4b 

749 

Do.                   do.                   do. 

4,500 

4k 

44 

44 

750 

Do.                   do.                  do. 

4,561   88 

44 

k4 

4b 

751 

Sarah  Fox,  Andrew  Titcoinb,  and  Rebecca  Titcomb, 

5,600 

44 

4k 

4b 

752 

Do.                   do.                  do. 

5,600 

kk 

kb 

44 

753 

Do.                   do.                  do. 

5,600 

44 

i4 

44 

754 

Do.                   do.                  do.            - 

5,828  95 

4k 

kk 

b4 

759 

Henry  Lawrence  Waddell, 

12,000 

tk 

kk 

b« 

760 

Do.                             -                  -                  .                  - 

10,000 

fck 

4k 

bb 

761 

Do.                             -                  .                  -                  - 

10,000 

*• 

kk 

4b 

762 

Do.                                              -                 -                 - 

8,000 

k4 

kk 

4a 

763 

Do.                            -                 -                 -                 - 

5,000 

44 

kk 

44 

764 

Do.                          -                .                 .                 - 

5,000 

k4 

kk 

44 

766 

Do.                          -                 - 

40,000 

4k 

k  k 

aa 

767 

Do.                          ...                 - 

50,000 

kk 

kk 

a  4 

768 

Do.                            -                  -                 -                 - 

50,000 

Nov. 

7, 

bb 

782 

Matthew  Bridge,  proprietor  of  the  Ruby, 

4,500 

kk 

kk 

bb 

783 

Do.                      do.                   do.          - 

4,500 

44 

■  k 

bb 

784 

Do.                      do.                  do.         - 

4,500 

k» 

kk 

4b 

785 

Do.                      do.                  do.          - 

4,719   19 

44 

44 

ab 

786 

Robert  Ralston,        -                   -                    -                  -                  - 

5.800 

Ik 

4k 

b4 

787 

Do.                  .                  -                   .                  -                 - 

5,800 

4» 

k4 

44 

788 

Do.                  -                  -                   -                  „                  - 

5,800 

4 

44 

44 

789 

Do.                  -                  -                   -                  -                 - 

5,818  43 

14 

44 

44 

790 

Christian  Hart,        -                   -                    .                  -                  - 

5,330 

kk 

25, 

44 

837 

Gould  Hoyt  and  John  Tom,       -                    .                  -                  - 

10,600 

4k 

ih 

44 

838 

Do.                      do.            -                   -                  -                  - 

10,600 

4k 

^b 

b4 

839 

Do.                      do.           -                    -                  -                  - 

10,600 

*■ 

(4 

840 

Do.                     do.           - 

Francs, 

10,872  40 

13,450,608  07 

— ■ : 

Bills,  for  thefolloiving  sums,  are  stated  in  the  list  forwarded  by  Mr.  Jlrmstrong,  on  the  3d  of  July,  1805,j/o  have 

been  drawn,  but  have  not  yet  been  presented  at  the  Treasury. 


Peter  Torris,  (part  of  the  bills  drawn  in  his  name)  - 

Bickley  and  Clark,    -  .  -  - 

Joshua  Orne,  respecting  Samuel  Smith,  (part  of  the  claim) 

Do.  respecting  Joseph  Howard,  (part) 

Peter  Gil  man,  (part) 

Dennis  Lamy,  (part)  -  -  . 

Mallebay  and  Durand,  -  -  - 

James  Swan,  (part) 

Perregaux  and  Co.        -  -  -  _ 

Anthony  Butler,  -  -  .  . 

Do.  -  -  -  - 

William  Morgan,  -  -  -  . 

Edward  Dunant,  -  -  -  - 

Verenock  and  Cockle  and  Ebenezer  Thayer, 

J.  G.  Clark,  ...  - 


276,827  13 

43,180  92 

12,000  00 

30,000  00 

900  00 

7,000  00 

2,947  79 

150.313  04 

8,887  50 

30,841  27 

3,688  57 

27.906  53 

10,937  27 

18,774  95 

8,981  23 

Francs,  633,186  19 


19t) 


FINANCE. 


[1806. 


Letters  of  advice  for  the  following  bills,  drawn  subsequent  to  the  transmission  of  Mr.  Jirmstrong^s  list,  above  re- 
ferred to,  have  been  received,  but  the  bills  have  not  yet  been  presented  at  the  Treasury. 


Thomas  Arnold  and  others,      -  -  » 

Solomon  Cook,  -  -  -  - 

Nicklin  and  Griffith,  - 

Scheweighauser  and  Dobree,  representing  John  Willis, 


9,000  00 

8,000  00 

4,433  25 

32,000  00 

32,000  00 

32,000  00 


Francs,    117,432  25 


Amount  oft'orty-four  Bordeaux  embargo  cases,  (a  list  of  wliich  was  sent,  on  the  28th  of  February,  to  tlie 
Committee  of  Ways  and  Means)  for  which  Mr.  Armstrong  has  advised  that  no  bills  will  be  drawn,  in 
consequence  of  a  difference  of  opinion  between  him  and  the  minister  of  the  French  treasury,  as  to 
the  names  in  wliich  the  bills  ought  to  be  drawn,         -  -  -  -  -    Francs,  "02,998  97 


Amountof  bills  presented  at  the  treasury,  per  preceding  list,        .  .  _  .  13,450,608  07 

Amount  of  bills  drawn  previous  to  3d  July,  1805,  per  Mr.  Armstrong's  lis^,  which  have  not  yet  been 

presented  at  the  treasury,  -  -  -  -  -  -        633,186  19 

Amount  of  bills  drawn  subsequent  to  3d  of  July,  1805,  of  which  we  have  received  advice, 

but  which  have  not  yet  been  presented  at  the  treasury,  -  -  -        117,432  25 

750,618  44 

Amount  of  Bordeaux  embargo  cases,  for  which  bills  are  not  to  be  drawn,       -  -  .  702,998  97 


Total  amount  of  claims,  of  which  advice  has  been  received   at  the  treasury,  previous  to  March  11, 

1806,  -  -  -  -  -  -  -  -  Francs,  14,904,225  48 


Sir: 


Treasury  Department,  .ipril  3d,  1806. 


A  complete  list  of  the  bills  drawn  to  the  14th  day  of  January  last,  by  the  minister  of  the  United  States  at  Paris, 
for  claims  under  the  convention  of  the  30th  April,  1803,  having  been  lately  received,  I  have  the  honor  to  enclose  a 
list  of  ail  such  bills  as  were  not  included  in  that  transmitted  to  the  House  of  Representatives,  on  the  20th  day  of 
i'/Iarch  last. 

1  have  the  iionor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


SupplemenUiry  list  of  bills  drawn  by  the  minister  plenipotentiary  of  the  United  States  at  Paris,  for  claims  em- 
braced by  the  Convention  with  the  French  republic,  of  ,9pril  30lh,  1803, 7iot  included  in  the  list  transmitted  to 
Congress,  on  the  20lh  of  3 far ch,  1806. 


Date  of  vouchers  issued 

AMOUNT- 

at  the  Fi 

ench  treasu- 

IN   WnOSE  XAME  DRAWX. 

ry. 

Francs. 

June 

20, 

1805. 

John  Livingston, 

36,080  44 

toC 

22, 

,; 

James  Barry,  (part) 

- 

- 

49,063  93 

August 

8, 

(4 

Henry  Jackson,             -                - 

- 

- 

82,541  78 

ii 

U 

•• 

James  Vanuxem,           -                .                - 

- 

_ 

23,517  20 

a 

ik 

i* 

John  L.  Boss. 

- 

- 

4,017  70 

it 

4b 

a 

Executors  of  M.  M.  O'Brien,  (part) 

- 

- 

6,099  21 

a 

bfa 

ii. 

Ebenexer  Stott  and  Co.  and  Thomas  Edmonds, 

- 

- 

79,846  37 

September 

2 

ih 

J.  Laurens,  transferree  of  Robert  Lee.  (part) 

- 

- 

5,600  00 

a 

', 

b. 

Enoch  Preble,                -                -                - 

- 

- 

28,631  24 

b4 

'.y 

4; 

Schweighauser  and  Dobrie, 

- 

- 

171,369  65 

a 

a 

46 

Joshua  Ofn,  transferree  of  James  V.  Murray, 

- 

- 

29,625  00 

(.i' 

21, 

44 

Abraham  Sasportas,       -                -               - 

- 

- 

20,996  14 

i.i 

iC 

44 

William  Price, 

-' 

- 

15,983  78 

ti 

b» 

4. 

Jonathan  Williams, 

- 

- 

6,652  45 

a 

44 

44 

James  Lindsay, 

- 

- 

18,331   12 

ti 

4h' 

"■ 

Hugh  Stocker,               .                -               , 

- 

- 

16,849  42 

(i 

4( 

44 

Abraham  Sasportas, 

- 

- 

7,780  92 

il 

it 

44 

E.  H.  Darby, 

- 

- 

:            8,988  58 

fc& 

*i, 

44 

T.  Norris,       -                -                -               - 

- 

- 

4,498  27 

w> 

4. 

4  4 

William  M'Cleod, 
Henry  L.  Waddell,  (part) 

- 

- 

34,170   10 

October 

16, 

•• 

- 

- 

10,000  00 

»fc 

"•  ■ 

44 

James  and  Jno.  Sheafe,  and  Jno.  Robertson,  (par 

t) 

- 

3,035  53 

(( 

ik 

k4 

Rd.  and  Wm.  Meade,  transferrees  of  Geo.  Meadt 

, 

-' 

29,094  08 

a 

i.i 

4  4 

Thomas  Dickenson,       -                -               - 

- 

27,569  18 

a 

fcb 

4  . 

Frederick  William  Geycr, 

- 

-■ 

10,723  57 

November 

5, 

4. 

Josiah  Savage,                .                .                - 

- 

- 

35,410  28 

a 

(.  . 

4( 

Preble  and  Co. 

- 

- 

13,896   10 

a 

,4 

44 

Abel  Lunt,    -               -               -               - 

- 

- 

260  70 

(( 

a' 

44 

Edward  Jones. 

- 

.. 

33,081   80 

a 

15, 

4  ■ 

M-  O'Mealy,  transferree  of  James  Swan,   - 

- 

- 

105,447  73 

(( 

44 

44 

Theodore  Peters, 

- 

. 

9,637  68 

a 

44 

4. 

Wm.  Rotch  and  Samuel  liodnian. 

- 

- 

19,275  39 

(I 

44 

4. 

Mr.  Glassen,  Danish  consul. 

- 

- 

27,547  45 

a 

44 

44 

George  Bunker, 

- 

- 

9,480  00 

a 

^4 

4b 

Summers  and  Brown,  and  Robert  Hamilton, 

-" 

- 

76,903  35 

a 

44 

44 

Thomas  Pcarsall, 

_ 

- 

63,478  44 

a 

22, 

44 

Robert  Sterry, 

- 

- 

5,676  70 

it 

44 

44 

John  Fabian  Parrot,      -                .               - 

. 

- 

41,542   16 

Ci 

44 

44 

M.  O'Mealy,  transferree  of  John  M'Fadon  and  Co 

- 

- 

7,487  23 

a 

•  4 

4b 

John  Strieker  and  Henry  Payson.  administrators  of  George 

Sears, 

50,634  00 

a 

44 

44 

M.  O'Mealy,  transferree  of  John  M'Fadon  and  Co 

- 

17,392  07 

1806.] 


FOREIGN   COINS. 


197 


Supplementary  List — Continued. 


Date  of  vouchers  issued 
at  tlie  French  Treasury. 


November  22,  1805, 
December  27,     " 


kk       ii 


January 


31, 


14,   1806. 


i^  4b 


William  and  Ebenexer  Craft, 

M.  O'Mealy,  transterree  of  James  V.  Murray, 

Daniel  Bickley,  .... 

Robert  Gilmor,  transferree  of  James  Reed, 

Nalbro  Fra/.ier,  administrator  of  Jolin  Hartacli, 

M.  O'Mealy,  transferree  of  Josli.  Barney, 

Ditto,  do.  Ditto, 

Ditto,  do.  Ditto, 

Ditto,  do.  Jos-  Sands,     - 

Duranton,  administrator  of  P.  Duverger,  -     ' 

James  M'Duracb  and  Co. 

M.  O'Mealy,  transferree  of  Benjn.  Jenne, 

Ditto,  do.  James  Swan,  - 

H.  L.  J.  Roques,  trustee  of  Bush's  creditors, 

William  Colley, 

Hubert  and  Michallerie, 

C.  M.  Doyen, 

Benjamin  Lane, 

Maria  Theresa  Kempflin, 

P.  Bentalou,  representative  of  J.  Barney, 


Francs. 


Francs. 


31,296  99 

62,382  35 

1,909  83 

11,069  74 

11,711  93 

122,526  45 

20,422  59 

32,336  96 

112,722  75 

15.308   13 

12,270  97 

176,057  83 

.355,441   45 

124,812  70 

1,545   15 

16,140  15 

10.200   10 

5,100  04 

22,190  0  0 

70,000  0  0 


^,466, 962  85 


The  list  containing  the  above  bills  was  received  at  the  treasury,  March  28th,  1806.     The  whole  amount  of  bills 
drawn  prior  to  the  15th  January,  1806,  is  stated  by  Mr.  Armstrong  to  have  been  Francs,  16,668.191  90. 

[Note.— See  No.  253.  ] 


9th  Congress.] 


No.  250. 


[1st  S 


ESSION. 


FOREIGN   COINS. 

COMMUNICATED    TO    THE  SENATE,  MARCH  26,    1806. 


Mr. 


Anderson,  from  the  committee  to  whom  was  referred  the  bill,  passed  by  the  House  of  Representatives,  to  repeal 
so  much  of  the  act,  entitled  "An  act  regulating  foreign  coins,  and  for  other  purposes,''  as  is  contained  in  the  se- 
cond section  thereof,  reported: 

That  they  find,  by  the  law  aforesaid,  which  passed  on  the  9th  day  of  February,  1793.  in  the  first  section  thereof 
certain  foreign  coins  are  made  a  legal  tender,  at  the  rates  therein  specified.  Tiie  said  first  section  closes  witli  these 
words,  vi/.:  "But  no  foreign  coin  that  may  have  been,  or  shall  be.  issued  subsequent  to  the  1st  of  January,  1792,  shall 
be  a  tender  as  aforesaid,  until  samples  thereof  shall  have  been  found,  by  assay  at  the  mint  of  the  United  States,  to  be 
ctmformable  to  the  respective  standards  required,  and  proclamation  thereof  shall  have  been  made  by  the  President 
of  the  United  States." 

The  second  section  of  the  same  law  (a  repeal  of  which  section  is  contemplated  by  the  bill  referred  to  the  com- 
mittee) is  in  the  following  words,  viz:  "That,  at  the  expiration  of  three  years  next  ensuing,  the  time  when  the  coin- 
age of  gold  and  silver,  agreeably  to  the  act.  entitled 'An  act  establishing  a  mint,  and  regulating  the  coins  of  the 
United  States,'  shall  commence  at  the  mint  of  the  United  States,  (which  time  shall  be  announced  by  the  proclama- 
tion of  the  President  of  the  United  States)  all  foreign  gold  coins,  and  all  foreign  silver  coins,  except  Spanish  milled 
dollars,  and  parts  of  such  dollars,  shall  cease  to  be  a  legal  tender  as  aforesaid." 

The  committee  find  that,  in  consequence  of  the  operations  of  the  mint  having  commenced,  the  President  of  the 
United  States  did.  by  iiis  proclamation,  dated  the  22d  day  of  July,  1797,  announce  the  same,  pursuant  to  the  direc- 
tions contained  in  said  second  section,  and  did  thereby  give  notice  that,  in  confoimity  with  said  law,  all  foreign  sil- 
ver coins,  except  Spanish  milled  dollars  and  parts  of  such  dollars,  would  cease  to  pass  current  as  money,  within  the 
United  States,  and  to  be  a  legal  tender  for  the  payment  of  any  debts  or  tlemands,  after  the  15th  day  of  October  then 
next,  and  that  all  foreign  gold  coins  would  cease  to  be  a  tender  as  aforesaid,  after  the  31st  daj'  of  July,  in  the 
year  1798. 

The  committee  find  that  no  proclamation  has  ever  been  made  by  the  President  of  the  United  States,  upon  the 
subject  of  foreign  coins  which  may  have  issued  since  January  1st,  1792,  as  contemplated  by  the  first  section  of  the 
act  aforesaid;  nor  does  it  appear  that  any  assay  of  such  coins  has  been  made  at  the  mint  of  tlie  United  States. 

The  committee  find  that,  on  the  1st  day  of  February,  1798,  Congress  passed  an  act,  supplementary  to  the  act.  enti- 
tled "An  act  regulating  foreign  coins,  and  for  other  purposes"  in  tlie  words  following,  viz:  "That  the  second  section 
of  an  act.  entitled  'An  act  regulating  foreign  coins,  and  for  other  purposes,'  be.  and  the  same  Is  hereby,  suspended, 
for  and  during  the  space  of  three  years,  from  and  after  the  1st  day  of  January,  1798,  and  until  the  end  of  the  next 
session  of  Congress  thereafter;  during  which  time  the  said  gold  and  silver  coins  shall  be  and  continue  a  legal  tender, 
as  is  provided  in  and  by  the  first  section  of  the  act  aforesaid;  and  that  the  same  coins  shall  tliereafter  cease  to  be 
such  tender." 

On  the  30th  of  April,  1802,  Congress  passed  an  act  to  suspend,  in  part,  the  act,  entitled  "An  act  regulating  for- 
eign coins,  and  for  other  purposes,"  in  the  words  following,  viz:  '"That  so  much  of  the  act,  entitled  "An  act  for  regu- 
lating foreign  coins,  and  for  other  purposes,'  as  is  contained  within  the  second  section  tliereof,  be,  and  tlie  same 
hereby  is,  suspended,  for  and  during  the  space  of  three  years,  from  and  after  the  end  of  the  present  session  of  Con- 
gress." That  session  of  Congress,  tlie  committee  find,  was  closed,  and  at  an  end,  on  the  3d  day  of  May,  1802. 

By  placing  in  one  view  all  the  laws  upon  the  subject  of  foreign  coins,  it  appears  that,  if  tlie  first  section  of  the 
law  upon  that  subject  were  now  in  force,  no  foreign  coin  whatever,  which  has  issued  subsequent  to  the  1st  of  Janu- 
ary, 1792,  is  current  money  or  a  legal  tender — not  even  Spanish  milled  dollars  and  parts  of  such  dollars,  unless  by 
force  of  the  second  section  of  the  same  law;  which,  if  suspended  or  repealed,  will  throw  out  of  circulation  almost 
the  whole  of  Spanish  dollars  and  parts  of  dollars,  as  but  few  pieces  of  those,  or  of  any  other  foreign  coins  of  a  prior 
date  to  January.  1792,  are  in  circulation.  But.  when  we  consider  the  act  passed  on  "the  1st  day  of  February,  1798, 
as  not  only  suspending  the  operation  of  the  second  section  of  the  act  regulating  foreign  coins,  bni  positively  enact- 
26  ft 


198  FINANCE.  [1806. 


s 


inp-  that  all  the  foreign  coins,  mentioned  in  the  first  section  thereof,  shall,  at  tlie  end  of  the  next  session  of  Congress, 
after  three  years  from  the  1st  day  of  January,  1798,  cease  to  be  a  tender,  it  will  be  discerned  that  the  first  section 
■stands  completely  repealed,  as  it  respects  the  legal  tender  of  foreign  coins:  for  the  act  of  the  30th  of  April,  1802, 
suspends  the  operation  of  the  second  section  only  of  said  act,  without  reviving  the  first  section. 

The  lesal  state  of  things  in  the  United  States,  in  respect  to  tiie  currency  of  foreign  coins,  then,  is  as  follows,  viz: 
From  and  after  (he  3d  day  of  May,  1802,  (the  end  of  the  session  of  Congress  mentioned  in  the  act  of  February, 
1798)  no  foreign  coin  whatever  has  been  a  legal  tender,  until  3d  May,  1805.  From  the  3d  May,  1805,  (at  which 
time  the  last  suspension  of  the  second  section  of  the  law  regulating  foreign  coins,  expired)  Spanish  milled  dollars, 
and  parts  of  such  dollars,  have  been  a  legal  tender. 

With  this  view  of  the  subject,  which  your  committee  believe  is  correct,  they  cannot  discern  the  policy  of  repeal- 
ing the  second  section  of  said  act,  as  contemplated  by  the  bill  referred  to  them  by  the  Senate.  Were  this  bill  to 
pass,  no  money  would  be  a  legal  tender  to  satisfy  debts  and  demands  in  the  United  States,  except  the  gold  and  sil- 
ver coins  which  have  issued  from  their  mint.  These  coins,  the  committee  believe,  are  not  sutHcient  in  quantity  and 
value  for  a  circulating  medium,  without  t!ie  aid  of  Spanish  milled  dollars  and  parts  of  such  dollars. 

But,  since  such  great  quantities  of  Spanish  milled  dollars  have  been  exported,  and  are  still  exporting,  from  the 
United  States,  and  so  great  a  portion  of  the  remaining  foreign  gold  and  silvei-  coins,  as  well  as  those  issued  by  the 
United  States,  are  locked  up  in  the  cells  of  the  Banks,  already  numerous,  and  still  increasing:  your  committee  be- 
lieve that  measures  ought  to  be  adopted  by  Congress,  to  increase  the  quantity  of  circulating  medium  beyond  our  own 
coins  and  Spanish  milled  dollars  and  parts  of  such  dollars. 

In  ettecting  this  object,  the  committee  are  sensible  that  caution  is  requisite  to  prevent  coins,  which  may  not  be  of 
a  standard  weiglit  and  value,  from  becoming  a  currency,  especially  as  there  seems  to  have  been  no  assay  of  foreign 
coins,  which  have  issued  subsequent  to  the  1st  day  of  January,  1792. 


9th  Congress.]  No.  251.  [1st    Session. 


FISHING    BOUNTY. 

COMMUNICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,    MARCH   38,    180C. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufactures,  to  vvhom  was  referred,  by  the  House 

of  Representatives,  the  petition  of  Jonathan  Very,  of  Salem,  in  tiie  State  of  Massachusetts,  made  the  following 

report: 

The  petitioner,  in  the  year  1800,  was  the  owner  of  the  schooner  Edmund,  of  the  burthen  of  fift3r-one  tons. 
This  vessel  was  licensed  for  employment  in  the  cod  fishery,  and  sailed  on  her  voyage  the  twenty-first  day  of 
June,  and  returned  to  Salem  on  the  ninth  day  of  August,  with  a  fare  of  fish,  of  three  hundred  and  seventy -two 
quintals.  She  departed  on  the  second  voyage,  the  twenty-first  day  of  August;  and  after  being  employed  in  the  cod 
fisheiy,  and  having  caught  upwards  of  forty  quintals  offish,  on  the  ninth  day  of  September,  ensuing,  the  said  vessel 
met  with  a  severe  storm,  shipped  a  sea,  ami  was  so  wrecked  that  the  crew  deserted  her,  and  she,  with  her  whole 
cargo  of  fish  and  salt,  was  thereby  totally  lost.  In  consequerice  of  this  loss,  the  petitioner  and  the  crew  of  said 
schooner  were  deprived  of  the  bounty  money  allowed  under  the  existing  laws  for  the  encouragement  of  the  fishery, 
in  lieu  of  the  drawback  on  the  salt  consumed  in  making  the  fish.  The  petitioner  prays  that  he  and  the  crew  of  said 
schooner  may  receive  the  same  bounty,  which,  in  the  event  of  a  successful  voyage,  they  would  have  been  entitled 
to,  or  such  proportion  thereof  as  may  be  deemed  proper. 

The  committee  are  satisfied  that  the  duty  paul  to  the  United  States,  on  the  quantity  of  salt  exported  in  the 
schooner  Edmund,  amounted  to  an  equal  sum  widi  (he  bounty  prayed  to  be  allowed  by  the  petitioner;  it  might, 
therefore,  at  the  first  view,  seem  reasonable  to  grant  the  prayer  of  the  petitioner;  iiut,  on  the  other  hand,  the  existing 
law  only  warrants  the  payment  of  the  bounty  to  fishing  vessels  actually  employed  during  four  months  of  the  fishing 
season;  that  is  accounted  to  be  from  the  first  day  of  March  to  the  first  day  of  December,  in  every  year.  This 
schooner  was  at  sea,  and  actually  engaged  in  the  fishing  business,  for  seventy  days  oidy,  during  the  two  voyages. 
She  was  not  employed  longer  than  that  time  befine  she  was  lost,  and  abandoned  by  the  crew.  No  provision  exists, 
in  the  law  for  the  encouragement  of  the  fisheries,  which  is  calculated  to  meet  a  case  similarly  circumstanced.  It 
fontemplates  the  employment  of  a  fishing  vessel,  for  the  period  of  four  months,  and  leaves  no  discretion  to  be  excer- 
cised  by  the  officers  of  the  customs.  If  a  regularly  licensed  fishing  vessel  is  lost,  or  shipwrecked,  at  any  time  with- 
in the  four  months,  as  the  law  now  stands,  the  bounty  cannot  be  paid.  The  committee  consider  this  as  a  hardsliip 
upon  the  fishermen,  and  the  owners  of  fishing  vessels.  It  would  certainly  be  an  equitable  arrangement  to  allow 
them  to  receive  such  proportion  of  the  bounty,  as  the  time  employed,  previous  to  the  loss  of  the  vessel,  might  bear  to 
the  four  months;  and  where  the  vessel  should  be  entirely  lost,  with  tne  crew,  it  would  be  oidy  a  fair  and  just  en- 
couragement to  the  cod  fishery,  if  the  full  bounty  was  paid;  and  such  a  provision  could  not  be  considered  as  operat- 
ing injuriously  to  the  revenue,  as  the  bounty  is  allowed  in  lieu  of  the  drawback  to  which  the  salt  used  in  curing  the 
fisn  would  be  entitled,  upon  its  exportation  out  ot  the  United  States. 

The  committee,  however,  are  not  permitted  to  vary  the  law  to  suit  each  individual  case.  A  mere  informality, 
unintentionally  committed,  might  sometimes  be  dispensed  with:  but,  where  the  principal  provision  of  the  law  is  not 
complied  with,  there  can  be  no  reason  to  induce  Congress  to  fiuctuate  in  its  decisions,  according  to  the  various  ap- 
plicati(ms  or  views  of  individuals,  who  may  feel  themselves  injured. 

Under  all  the  circumstances  stated  in  this  case,  (although  the  committee  are  fully  sensible  that  the  loss  falls 
peculiarly  hard  on  the  petitioner)  they  are  of  the  opinion  that,  as  the  law  now  stands,  it  would  be  improper  to  allow 
the  bounty  asked  for  by  the  petitioner;  and  therefore  recommend,  that  he  have  leave  to  withdraw  his  petition,  and 
the  documents  accompanying  the  same. 


9th  Congress.]  '  ]>^0.   252.      '  '  '  [1st  Session. 


MINT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  APRIL  1,    1806. 

Treasury  Department,  March  29th,  1806. 
Sir: 

I  have  the  honor  to  ti-ansmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  witli 
sundry  statements  which  have  been  prepared  in  obedience  to  the  act,  entitled  "  An  act  establishing  a  mint,  and 
regulating  the  coins  of  the  United  States,*'  passed  on  the  2d  of  April,  1792. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


1806.] 


THE    MINT. 


199 


Treasury  Depautment,  Com])l roller's  Office,  March  2Sth,  180G. 


Sir: 

Tlie  statements  marked  A.  B,  C,  ami  I),  whicli  you  will  receive  herewith,  have  been  prepared  pursuant  to 
the  seventh  section  ot'an  act  of  Congress,  of  the  2d  of  April.  1792,  entitled  "  An  act  establishing  a  mint,  and  regu- 
lating the  coins  of  the  United   States.'*    They  contain  all  the  information  relative  to  the  transactions  of  the  mint 


whicli  the  settlements  made  at  the  treasury  enable  me  to  give. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

Albert  Gallatin,  Esq. 


G.  DUVALL. 


Statement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  of  the  mini  on  the  3lst 
December,  1804;  the  amount  of  deposit  es  from  the  1st  January  to  the  31.s7  December,  1805;  the  different  species 
of  coins  made  and  paid  on  account  ofdejjosites;  allowcnice  for  wastage;  and  the  balance  remaining  in  the  liunds 
of  the  officers  of  the  mint  on  the  said  3lst  December,  1805,  to  be  accounted  for  on  a  future  settlement. 


Ounces. 

)\vt. 

(ir. 

Dolls. 

Cts. 

M. 

Balance  of  gold  bullion.  &c.  remaining  in  the  hands  of  the  officers  of  the 

mint  on  the  31st  December,  1804,     ------ 

28 

18 

14 

513 

46 

5 

Gold  bullion  deposited  from  the  1st  January  to  the  31st  December.  1805,     - 

9,636 

2 

6 

171,308 

55 

5 

9,665 

0 

20 

171,822 

*} 

0 

Amount  paid  on  account  of  deposites  of  gold  from  the  1st  Jaimary  to  the  31st 

December.  1805.       -------- 

- 

190,565 

38 

Add  balance  of  gold  coins  remaining  in  the  Bank  United  States  on  the  31st 

December,  1805,       -------- 

" 

" 

82 

33 

5 

190,647 

72 

0 

Deduct  this  sum,  being  the  balance  of  gold  coins  remaining  in  the  hands  of 

the  treasurer  of  the  mint  on  the  31st  December.  1804, 

19,327 

42 

0 

Also,  this  sum.  being  so  much  ot  the  warrant  No.  5578,  issued  at  the  treasury 

of  the  U'nited  States  to  cover  the  wastage  in  the  coinage  of  gold,  during 

the  year  ending  31st  December,  1805,         .            .            .            .            . 

952 

80 

0 

20,280 

22 

0 

Gold  coins  made  at  the  mint  from  the  1st  Jcmuary  to  the  3lst  December, 

1805,  viz: 

Half  eagles  33.183.  and  quarter  eagles  1,781.  weight  and  value. 

9,583 

3 

10 

170,367 

50 

0 

Balance  of  gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 

December,  1805.       -------- 

41 

17 

11 

743 

45 

0 

Profit  and  loss  for  this  sum  allowed  for  wastage  in  the  coinage  of  gold  from 

the  1st  January  to  31st  December.  1805,     -            -            -            -            - 

39 

19 

23 

711 

/ 

0 

-\s  above,            -           -           -           . 

9.665 

0 

20 

171.8-2-2 

O 

0 

Balance  of  silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 

December.  1804.       -----.-. 

14,221 

12 

9 

16,409 

17 

0 

Silver  bullion  deposited  from  the  1st  January  to  the  31st  December,  1805,     - 

126,268 

14 

0 

145,694 

59 

5 

140,490 

6 

9 

162.103 

76 

5 

Amount  paid  for  deposites  of  silver  from  the  1st  January  to  the  31st  Decem- 

ber, 1805,       -..------ 

- 

- 

142,497 

72 

5 

Add  balance  of  silver  coins  remaining  in  the  Bank  L  iiited  States  on  the  31st 

December,  1805,       -------- 

" 

~ 

7,699 

39 

0 

150,197 

11 

5 

Deduct  this  sum,  being  the  balance  of  silver  coins  in  the  Bank  United  States 

on  the  31st  December  1804,              -.--.. 

426 

33 

0 

Also  this  sum,  being  so  much  of  warrant  No.  5578,  issued  at  the  treasury 

United  States  to  cover  the  wastage  in  the  coinage  of  silver,  during  the 

year  ending  December  31st,  1805,  ------ 

382 

28 

5 

808 

61 

5 

Silver  coins  made  at  the  mint  from  the  1st  January  to  the  3\st  December, 

1805,  rt;; 

Dollars  301.  half  dollars  211.722,  quarter  dollars  121,394,  dimes  120,780,  and 

half  dimes  15,600.  weight  and  value,           -            -            -            .            - 

129,470 

0 

16 

149.388 

50 

0 

Balance  of  silver  bullion  in  the  hands  ot  the  officers  ot  the  mint  on  the  31st 

December,  1805,       -------. 

10,461 

5 

12 

12,070 

25 

5 

Profit  and  loss  for  this  sum  allowed  for  wastage  in  the  coinage  of  silver  from 

1st  January  to  31st  December,  1805,            -            -            -            -            _ 

559 

0 

6 

645 

1 

0 

.\s  above,            .            -            -            . 

140,490 

6 

9 

162,103 

76 

5 

CoiMPTROLLER's  Office,  Murch  lOth,  1806. 


ANDREW  ROSS. 


200 


FINANCE. 


[1806. 


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nted 
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the 

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lint, 
lbs. 

W         p^         Ol         Ift         Ol 
O         00         to         •*         CO 
J-                                 CO, 

it  of  rough  copper  and  copper  planchettes,  accou 
nt  marked  B,  accompanying  the  Comptroller's 
bruary, 1805,       .            -            .            -            . 
f  cents  and  half  cents  charged  by  the  treasurer  ot 
id  to  the  treasurer  of  the  United  States  in  the  year 
quarter  ending  March  31, 
quarter  ending  June  30,     - 
quarter  ending  September  30,        - 
quarter  ending  December  31.        .            .            . 

nee  remaining  December  31,  1805,  viz. 

;  half  cents  in  the  hands  ot  the  treasurer  of  the  n 

es  fit  for  striking,  in  the  hands  of  the  cliief  coiner. 

nf  statement  last  rendered, 
ent  planchettes  spoiled  and  de- 
:'  the  mint,  in  June  quarter 
lanchettes  delivered  to  ditto,  in 

he  chief  coiner  for  half  cents 
ard  weight,  June  quarter, 
its  weighing  more  than  stand- 

loss  per  amount  1 
is  weight  of  half-c 
to  the  treasurer  ol 
IS  weigiitofcentpl 
ler  quarter, 
an  allowance  to  t 
g  more  than  stand 
do.  to  do.  for  cei 
ght, 

y  amoun 

stateme 

26th  Fe 

mount  0 

delivere 

In  the 

In  the 

In  the 

In  the 

Bala 
ents  and 
lancliett( 

rofit  and 
0.  for  th 
livered 
0.  forth! 
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0.  being 
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0.  being 
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!     OJ    O     •     (D     1       1   t*.-    fan  t-    !■      . 

ough  copper  and  cop 
;es  purchased  from  th 
nlof  the  institution  t 
mber,  1804,  per  state 
B,  accompanying  th 
i  letter  of  the  26th  Fe 

harged  on  the  cost  o 
port  No.  16,321,  beinj 
,  charged  at  two  pe 
of  at  two  guineas  pe 

the  amount  gained . 

0  amount  of  r 
per  planchett 
commenceme 
the  31st  Dece 
ment  marked 
Comptroller's 
bruary,   1805, 
mount  short  c 
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for  insurance 
cent,  instead 
cent. 

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. 

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1806.] 


THE    MINT. 


201 


c. 

Summary  Statement  exhibiting  the  value  of  coins  made  at  the  mint;  the  amount  of  disbursements  on  account  of 
the  establislirnent;  the  amount  allowed  for  wastage,-  the  amount  retained  of  deposites;  and  the  amount  gained 
on  the  coinage  of  copper,  from  the  commencement  of  the  institution  to  the  'i\st  December,  1805. 


Value  of  gold,  silver,  and  copper  coins  made  at  the  mint,  to  31st  December,  1801, 
Do.    ot  gold  coins  made  from  1st  January,  to  31st  December,   1805,  per  account 
herewith,  marked  A,  -  - 

Do.     of  silver  do.  do.  do.  do. 

Do.     of  copper  do.  do.        per  account  herewith,  marked  B, 

Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December,  1804, 
per  account  rendered,  -...._. 

Add  amount  gained  on  the  coinage  of  copper,  to  31st  December,  1804,  per  account 
rendered,     -------- 

From  the  above  deduct  amount  wastage  on  gold  and  silver,  to  same 

period,  ......     17,193  gg  0 

Add  amount  retained  of  deposites  do.  do.  2,581  54  5 


Add  amount  disbursed,  on  account  of  the  establishment,  from  the  Ist  January,  to 
31st  December,  1805,  ---... 

Add  also  amount  of  wastage  on  gold  and  silver,  to  31st  December,  1804,  per  account 
rendered,    -------- 

Do.  do.  do.        from  1st  January  to  31st  December, 

1805,  per  account  herewith,       ------ 

From  the  above  deduct  amount  retained  of  deposites,  to  31st  December, 

1804,     -  -  -  -  -  -  -        2,581   54  5 

Also,  amount  retained  of  deposites,  from  the  1st  January  to  31st  Decem- 
ber, 1805,  -  -  -  -  -  -  251   60  0 


Deduct  amount  gained  on  the  coinage  of  copper,  from  the  commencement  of  the 

institution  to  the  31st  December,  1805,  per  statement  herewith,  marked  B, 
Nett  amount  charged  on  the  coinage  of  gold,  silver,  and  copper,  from  the  commence- 
.    ment  of  the  institution  to  the  31st  December,  1805,   including  the  cost  of  lots, 
buildings,  &c.  ------. 


170,367  50 

149,388  50 

14,213  48 


241,221  96  0 

31,327  46  5 

27.2,549  42  5 


14,612  42  5 


17,193  96 
1,356  08 


18,550  04 


2,833  14  05 


$4,301,894  24 


333,969  48 
4,635,863  72 


257,937  00  0 

17,687  80  0 


15,716  89  5 


291,341   69  5 
31,092  57  0 


$260,249   12  5 


Note. — The  value  of  gold  coined  to  31st  December,  1805,  is        -  -  -  .      $2  547  557  50 

do.     of  silver  do.  do.        -  -  -  -  .  .        19 10  402  35 

do.      of  copper  do.  do.  and  charged  as  delivered  to  the  treasurer  of  the  United  States,       'l77'903  47 


As  above, 
Add  copper  coins  in  the  hands  of  the  treasurer  of  the  mint, 

Total  value  of  coins  made, 
COMPTROLLER'S  Offiob,  March  18,  1806. 


4,635,863  72 
1,070  00 

$4,636,933  72 


AND.  ROSS. 


D. 

Statement  of  the  appropriations  made  by  hnr  for  the  Mint  Establishment,  for  the  year  one  thousand  eight  hundred 
and  five,  with  the  amount  of  ivarrants  drawn  by  the  Secretary  of  the  Treasury  on  said  appropriations. 

Amount  of  warrants  drawn  on  the  treasurer  in  favor  of  the  mint,  for  the  services  of  tlie  year  1805,  $9,335  08 

Balance  unexpended  on  the  1st  January,  1806,  -  -  -  -  -  .        (jy  26-2  07 


575,697  15 


Balance  of  the  several  appropriations  for  the  mint  establishment,  unexpended  on  the  1st  January,  1805,  $52,083  67 
-\ppropriated  by  *'  An  act  respecting  the  mint,"  dated  the  24th  April,   1800,  being  the  amount  of 

cents  and  half  cents  paid  into  the  treasury  in  1805,  -  -  -  .  .        14.213  48 

Ditto,  by  "  An  act  making  appropriations  for  the  support  of  Government  for  the  year  1805,"'  passed 

1st  March,  1805,        -  -  -  -  -  -  -  .  .  9^400  OO 


.697  15 


Statement  of  the  appropriations  made  by  law,  for  the  payment  of  the  salaries  of  the  officers  and  clerks  of  the  Mint. 

for  the  year  one  thousand  eight  hundred  and  five. 

Amount  of  warrants  drawn  on  the  Treasurer  of  the  United  States,  for  the  salaries  of  the  officers  and 

clerks,  in  1805,      -.--......      $10.600  qq 

Appropriated  by  the  act  making  appropriations  for  the  support  of  Government  for  the  year  1805, 

passed  the  1st  March,  1805,  --..-.,      $10,600  00 


202  FINANCE.  '  [1806. 


Statement  of  the  application  of  moneys  advanced  from  the  Treasury  of  the  United  States  for  the  support  of  the  Mint 
establishment,  during  the  year  one  thousand  eight  hundred  and  Jive. 

Moneys  paid  by  the  treasurer  of  the  mint,  on  warrants  drawn  on  him  on  tlie  Director,  and  admitted  by  the  account- 
ing officers  of  the  treasury,  on  the  adjustment  of  his  accounts,  were  as  follow,  viz: 
Incidental  and  contingent  expenses  and  repairs  of  the  mint. 
For  $7,087  80,  being  the  amount  expended  for  the  requisite  repairs,  apparatus,  machines,  wages  of  workmen,  and 
other  expenses,  in  the  1st  quarter,  ...  -  -  $1,356  47 

2,1         do.  ...  -  -  1,643  81 

3d         do.  ......  1,970  38 

4th       do.  -----  3,11724 

7,087  80 

Copper  purchased  for  coinage. 
For  this  sum,  short  credited  in  treasury  settlement,  No.  16,221,  -  -  -         -  16  71 

Salaries  of  the  Officers  and  Clerks  of  the  Mint 
In  the  1st  quarter,  -----  $2,65000 

■  •  .  .  -  -  -  2,650  00 

3,650  00 
2,650  00 

10,600  00 

IVastage  in  the  coinage  of  gold  and  silver. 
Applied  to  make  good  the  deficiency  in  said  coinage,  for  the  year  1804,      -  -  -         -         1,335  08 

Balance  to  be  accounted  for  by  the  treasurer  of  the  mint,  -  -  -  -         -        6,908  55 

$25,948  14 


2(1 

do. 

3d 

do. 

4th 

do. 

Balance  which  was  to  be  accounted  for  by  the  treasurer  of  the  mint,  on  the  1st  January.  1805,  as 

per  statement  for  the  preceding  year,         -  -  -  -  -  -         -      $6,013  06 

Advanced  from  the  treasury  for  the  mint  establishment,  viz: 
For  the  salaries  of  the  officers  and  clerks,       -  -  -  -  -  -  -       10,600  0® 

For  the  purchase  of  copper,  and  the  incidental  expenses,  -  -  -  -         -        9,335  08 


$25,948   14 


.account  of  cents  and  half  cents  paid  into  the  Treasury  of  the  United  States,  by  the  Treasurer  of  the  Mint,  in  the 

year  one  thousand  eight  hundred  and  Jive. 

In  the  1st  quarter,  -                -                -                -                -                -          -  $1,335  00 

2d         do.  ..-----  6,660  00 

3d         do.  -                 -                 -                -                 -                -          -  583  32 

4th       do.  -------  5,636  16 


$14,213  48 

Treasury  Department,  Register's  Office,  March  24, 1806.  

JOSEPH  NOURSE,  Register. 


9th  Congress.]  No.   253.  [1st  Session. 

CLAIMS  TO  BE  PAID  UNDER  THE  CONVENTION  WITH  FRANCE,  OF  THE  SOth 

APRIL,  1803. 

^  COMMUNICATED  TO  THE  HOUSE  OF    REPRESENTATIVES,  APRIL  2,  1806. 

Treasury  Department,  February  38,  1806. 

It  is  provided  by  the  act  making  provision  for  tlie  payment  of  claims  of  citizens  of  the  United  States  on  tlie 
Government  of  France,  &c.  passed  on  the  10th  November,  1803,  that  the  payments  shall  be  made  at  the  treasury, 
on  the  orders  of  the  minister  plenipotentiary  of  the  United  States  to  the  French  republic.  A  difficulty  having 
arisen  in  France  respecting  the  persons  who  were  entitled  to  compensation  for  the  Bordeaux  embargo,  it  was  agreed 
by  the  minister  of  the  United  States,  and  by  the  minister  of  the  public  treasury  of  France,  that  a  list  of  the  liqui- 
dations should  be  transmitted  to  the  treasury  of  the  United  States  for  payment,  leaving  it  to  be  decided  by  the 
officers  of  the  said  treasury,  to  whom  payment  ought  to  be  made.  A  transcript  of  the  said  liquidations,*  which 
amount  to  703,995  francs  and  97  centimes,  and  of  a  letter  from  Mr.  Armstrong  accompanying  the  same,  are  here- 
with transmitted.  It  is  believed  that  the  proof  of  ownership  will  be  easUy  obtained;  and  the  cRfference  on  the  right 
to  commission  having  been  adjusted,  no  difficulty  is  apprehended  in  the  settlement  of  the  accounts.  But  a  law  is 
necessary  to  authorize  the  settlement  of  accounts  at  the  treasury,  and  the  payment  to  the  proper  claimants,"  as  no 
bills  or  orders  drawn  by  the  minister  of  the  United  States,  in  the  usual  form,  accompany  the  transcript  of  liquidation, 
and  the  officers  of  the  treasury  have  no  authority,  under  the  existing  law,  to  decide  who  are  the  real  owners. 
I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  John  Randolph,  Chairman  of  the  Committee  of  Ways  and  Means. 

•This  transcript  is  not  on  the  files  of  either  House  of  Confess  or  the  Treasury  Department. 


1806.]  CUSTOMHOUSE   BOND— RELIEF    TO    A   SURETY.  205 

Paris,  November  ^l.  1805. 
Sir: 

Herewith  enclosed  is  a  list  ot  liquidations  made  under  the  treaty  of  1803.  between  the  United  States  and  the 
Government  of  France,  certified  by  the  minisfer  of  the  public  treasury,  and  now  transmitted  to  you  for  payment, 
under  an  arrangement  made  between  that  minister  and  myself,  on  the  fifteenth  of  June  last.  A  note  of  a  conversa- 
tion betvveeen  him  and  me,  which  produced  this  transmission,  is  subjoined. 

I  am,  sir,  with  great  respect,  your  most  obedient  and  very  humble  servant, 

JOHN  ARMST  RONG. 
Thomas  T.  Tucker,  Esq.  Treasia-er  nfthc  United  Slates  ofJlmerird,  Washington. 


Of  a  conversation  ivhich  took  place,  on  the  l^th  of  June.  1805,  beticeen  Mr.  Barhe  IMarbois  and  myself,  on  the  sub 
ject  of  certain  liquidations,  under  the  treaty  of  1803,  anfl  the  clai  '    '       -  "  ■         --- •■        -     - 


NOTE 

')etir(  _^  _,  

ras,  respectively,  of  Fulwar  Skipwith.  Esq.  and 
Joseph  Fenwick,  to  receive  the  bills  issuable  thereon. 

It  was  contended  by  Mr.  Marbois.  that,  inasmuch  as  the  liquidations  had  been  made  in  the  names  of  J.  Fenwick's 
constituents,  the  bills  ought  to  be  drawn  to  them:  and  the  rather,  because,  though  Mr.  Skipwith  presented  himseli 
as  attorney  for  certain  persons,  claiming  to  be  owners  of  the  vessels  to  which  indemnities  had  been  accorded,  still, 
that  no  suflicient  evidence  of  their  being  such,  had  been  offered  by  him  (Mr.  Skipwith.) 

To  the  arguments  drawn  from  the  facts  of  the  liquidation  having  been  made  in  the  names  of  Mr.  Fenwick's  con- 
stituents, it  was  answered,  that  neither  the  treaty,  nor  the  usage  under  it.  made  the  rujuidations  alone,  conclusive 
evidence  of  the  property:  that,  in  many  cases,  liquidations  had  been  sent  back  to  the  council  general,  and  by  it  con- 
formed to  the  views  of  the  two  ministers. 

As  to  the  2d  argument,  viz.  That  Mr.  Skipwith  iiad  not  offered  sufficient  evidence  of  the  ownership  of  his 
constituents,  it  was  answered,  tliat  it  matters  little  from  whom  the  evidence  of  ownership  came,  whether  from  Mr. 
Skipwith,  or  other  person,  provided  the  evidence  was  in  itself  sufficient:  that  the  distinctit)n  taken  by  the  minister, 
so  far  from  supporting  the  objection,  made  against  it;  because,  though  Mr.  Skipwith  might  not  have  preferred  any 
evidence  competent  to  his  purpose,  yet  that  Mr.  Fenwick  had  supplied  that  defect:  that,  in  a  paper  presented  by 
him,  (Mr.  Fenwick)  as  a  transcript  from  the  consular  books  of  Bordeaux,  and  of  cotemporary  date  with  the  em- 
bargo, the  constituents  of  Mr.  Skipwith  are  recognised  as  the  owners;  that  it  will  not  be  contended  that  the  evi- 
dence of  this  paper  is  either  diminished  or  destroyed  by  the  circumstance  oi  its  having  been  produced  by  Mr.  Fen- 
wick, for  another  purpose;  and  lastly,  that  its  authority  has  been  deemed  sufficient  in  other  cases  to  regulate  oui- 
payments. 

Admitting,  however,  the  fact,  that  no  sufficient  evidence  had,  fiom  any  (piarter,  been  produced,  of  the  ownership 
contended  for  by  Mr.  Skipwith.  still,  it  by  no  means  followed  tiuit  the  bills  could  be  drawn  to  tlie  constituents  of 
Mr.  Fenwick — 

1st.  Because,  according  to  his  own  showing,  these  constituents  were  not  owners,  but  agents,  whose  authority 
was  merely  incidental  to  the  relation  they  bore  at  the  time  to  the  ships  embargoed,  and  whicli  necessarily  termi 
nated  with  that  relation,  unless  revived  by  new  powers  from  the  owners,  which  in  none  of  these  cases  appears  to  have 
been  given. 

2d.  Because,  had  their  powers  been  revived  in  this  form,  and  were  they  now  operative,  unless  they  gave  an 
entire  control  over  the  property,  the  agents  would  be  precluded  from  recovering  the  bills  in  their  own  names,  under 
the  general  rule,  that  "bills  were  not  payable  to  the  order  of  agents,  whose  powers  do  not  extend  to  the  alienation 
of  the  claims  represented  by  them." 

And  3dly.  Because,  were  the  bills  drawn  agreeably  to  the  list  of  liquidations,  I  see  nothing  that  could  after- 
wards impair  the  titles  of  the  captains,  nor  any  means  by  which  the  owners  could  compel  them  to  pay  over  the 
moneys  received  by  them.  The  liquidations  and  the  bill  must  be  regarded,  by  the  treasury  of  the  United  States,  as 
the  highest  possible  evidence  of  the  property.  No  attachment,  of  course,  could  lay  there,  nor  could  the  jurisdiction 
of  our  courts  (any  more  than  the  powers  of  our  treasury)  reach  the  evil;  it  being  altogether  incompetent  to  inquire 
whether  the  payment  was  made  rightfully  or  wrongfully. 

Mr.  Marbois  being  tenacious  of  his  opinion,  and  I  not  disposed  to  yield  mine,  is  was  suggested  that  a  list  of  the 
liquidations  made  in  these  cases,  stating  in  one  column  the  names  of  the  captains,  and  in  another,  those  of  the  per- 
sons claiming  as  owners,  and  certified  by  the  minister  of  the  public  treasury  of  France,  should  be  transmitted  to 
the  United  States,  to  be  paid  there,  to  those  persons  in  whom  the  property  might  be  found. 


9th  Congress.]  No.  254.  [1st  Session 


RELIEF  TO  A  SURETY  IN  A  CUSTOM  HOUSE  BOND. 

COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    APRIL    2,    1806. 

Mr.  Crowninshield,  from  the  Committee  of  Commerce  and  Manufiictures.  to  whom  was  referred,  on  the  4th  instant, 
by  the  House,  the  petition  of  Francis  Barretto,  of  the  city  of  New  York,  made  the  following  report: 

The  petitioner  prays  that  Congress  would  relieve  him  from  the  payment  of  a  custom  house  bond,  where  he  is 
the  surety,  or,  if  this  is  deemed  impropei-,  as  he  is  in  indigent  circumstances,  he  hopes  that  some  favorable  arrange- 
ment may  be  made  for  him,  vvhereby  his  person  may  be  exempt  from  arrest,  under  the  judgment  obtained  against 
him.  at  the  suit  of  the  United  States. 

The  following  facts  appear  in  this  case:  The  petitioner,  on  the  17th  day  of  July,  in  the  year  1795,  together  with 
George  Arnold  and  James  Harrison,  became  bound  to  the  United  States,  as  sureties  for  Jose  Joaquim  La  Costa, 
for  duties  on  the  cargo  of  the  brigantine  Los  Amigos,  from  Madeira,  amounting  to  the  sum  of  nine  thousand  dollars. 
The  person  who  signed  the  bonds  as  principal  having  failed  in  his  business,  and  neglecting  to  pay  the  debt,  suits 
were  commenced  for  the  recovery  of  the  (hities,  upon  which  judgment  was  obtained,  and  tlie  principal  debtor  was 
a  long  time  confined  in  the  gaol  of  New  York,  and  was  finally  liberated  pursuant  to  an  act  of  Congress,  passed  sixth 
of  June.  1798.  upon  assigning  all  his  property  to  the  use  of  the  United  States.  It  is  further  stated,  that  the  other 
two  sureties,  James  Harrison  and  George  Arnf)ltl,  being  totally  insolvent,  have  departed  from  the  United  States;  and 
the  petitioner,  unable  to  struggle  with  the  difficulties  and  loss  of  mercantile  credit  which  he  had  incurred,  was  un- 
der the  necessity  of  taking  the  benefit  of  the  bankrupt  act.  Since  the  discharge  from  his  private  creditors,  the  attor- 
ney of  (he  United  States  for  the  New  York  district  has  recovered  judgment  against  him  for  the  amount  of  the 
bond,  and  he  is  liable  to  be  imprisoned  from  day  today. 


FINANCE.  [1806. 


He  is  totally  destitute  of  property,  and  has  a  numerous  family  of  young  children,  who  depend  upon  his  exertions 
for  their  education  and  support.  In  this  distressing  situation  he  is  unable  to  pursue  any  business  to  advantage,  and 
can  only  expect  or  hope  for  relief  from  the  benevolent  interposition  of  Congress. 

The  committee  remark,  that  the  petitioner's  misfortunes  do  not  appear  to  be  owing  to  his  fault  or  neglect;  he 
placed  implicit  confidence  in  the  person  who  was  principal  on  the  bond,  and  expected  he  would  pay  it;  he  was  de- 
ceived in  tliis  expectation.  His  own  funds  were,  and  stdl  are,  inadequate  to  meet  the  payment.  He  is  totally  des- 
titute of  property.  The  United  States  cannot  expect  to  receive  any  thing  from  the  petitioner.  Thus  circumstanced, 
and  well  knowing  that  Congress  have,  in  several  instances,  where  any  meritorious  cases  presented  themselves,  made 
provision  for  the  relief  of  persons  who  were  unable  to  pay  their  (lebts,  the  committee  conceive  that  the  House  will 
readily  agree  to  exempt  the  person  of  the  petitioner  from  arrest  for  the  debt  owing  to  the  United  States.  Similar 
bills  have  been  reported  during  this  session,  for  the  relief  of  Francis  Johonnot  and  John  McFadon,  and  the  present 
petitioner  has  equal,  if  not  superior  claims  upon  the  humanity  of  Congress.  The  committee  beg  leave  to  submit  the 
following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner,  so  far  as  to  free  his  person  from  arrest  or  confinement,  on  account  of 
any  judgment  obtained  against  him,  in  behalf  of  the  United  States,  is  reasonable,  and  ought  to  be  granted. 


9th  Congress.]  No.  255.  [2d   Session. 


STATE  OF  THE  FINANCES. 

COMMUNICATED    TO    THE    SENATE,  DECEMBER  8,  1806. 

In  obedience  to  the  directions  of  the  act  supplementary  to  the  act,  entitled  "  An  act  to  establish  the  Treasury 
Department,"  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

REVENUE  AND  RECEIPTS. 

The  nett  revenue  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  the  year  1804, 
amounted,  after  deducting  that  portion  which  arose  from  the  additicmal  duties  constituting  the  Mediterranean  fund, 
to  .  ...  $12,673,458 

And  that  which  accrued  during  the  year  1805,  amounted,  after  making  a  similar  deduction  (as  will 
appear  by  the  statement  A)  to  -  -  -  -  -  -  -  -  -        13,083,82,3 

It  is  ascertained  that  the  nett  revenue  which  has  accrued  during  the  three  first  quarters  of  the  year  1806,  exceeds 
that  of  the  corresponding  quarters  of  the  year  1805;  and  that  branch  of  the  revenue  may,  exclusively  of  the  Medi- 
terranean fund,  be  safely  estimated,  for  the  present,  at  thirteen  millions  of  dollars. 

The  statement  B  exhibits  in  detail  the  several  species  of  merchandise,  and  other  sources,  from  which  that 
revenue  was  collected  during  the  year  1805. 

It  appears  by  the  statement  C  tiiat  the  sales  of  public  lands  have,  during  the  year  ending  on  the  30th  Septem- 
ber, 1806,  exceeded  473,000  acres.  The  actual  payments  by  purchasers,  have,  during  that  period,  amounted  to 
850,000  dollars,  of  which  sum  near  700,000  dollars  have  been  paid  in  specie,  and  the  residue  in  stock  of  the  public 
debt.  The  specie  receipts  from  that  source  may.  after  deducting  charges,  and  the  five  per  cent,  reserved  for  roads, 
be  estimated,  for  the  ensuing  year,  at  five  hundred  thousand  dollars. 

The  receipts  arising  from  the  permanent  revenue  of  the  United  States  may,  therefore,  without  in- 
cluding tlie  arrears  of  direct  tax  and  internal  revenues,  the  duties  on  postage,  and  other  incidental 
branches,  be  computed,  for  the  year  1807,  at       -        ■•  -  -  -  -  -  -  13,500,000 

And  the  payments  into  the  treasury  during  the  same  year,  on  account  of  the  temporary  duties  con- 
stituting the  Mediterranean  fund,  estimated  at  -.-....  1.000,000 

Making,  in  the  whole,  an  aggregate  of  $14,500,000 

EXPENDITURES. 

The  permanent  expenses  are  estimated  at  11,400,000  dollars,  and  consist  of  the  following  items,  viz: 
I.  The  annual  appropriation  of  eight  millions  of  dollars,  for  the  payment  of  the  principal  and  interest 
of  the  public  debt,  of  which  sum,  not  more  than  3,600,000  dollars   will,  for  the  year  1807,  be  appli- 
cable to  the  payment  of  interest,  ---------      $8,000,000 

n.  For  the  Civil  department,  aiul  all  domestic  expenses  of  a  civil  nature,  including  invalid  pensions, 
the  light  house  and  mint  establishments,  the  expenses  of  surveying  public  lands,  tiie  fourth  instal- 
ment of  the  loan  due  to  Maryland,  and  a  sum  of  130,000  dollars  to  meet  such  miscellaneous  appro- 
priations, not  included  in  the  estimates,  as  may  be  made  by  Congress,  .  -  -  .        1,150,000 

III.  For  expenses  incident  to  the  intercourse  with  foreign  nations,  iucluding  the  permanent  appropria- 
tion for  Algiers,  -  -  -  "      .       ■       .      "  '  "  "  -  ■  200,000 

IV.  For  the  Military  and  Indian  departments,  including  trading  houses,  and  the  permanent  appropria- 
tions for  certain  Indian  tribes,     ---------.        1,150,000 

V.  For  the  Naval  establishment,    ----------  900,000 


Tlie  extraordinary  demands  for  the  year  1807,  already  authorized  by  law,  amount  to  two  millions 
seven  hundred  thousand  dollars,  viz: 

The  balance  of  the  American  claims  assumed  by  the  French  convention,  which  remained  unpaid  on 
the  30th  September  last,  amounting  to,    -------  700,000 

And  the  two  millions  of  dollars  appropriated  by  the  act  of  13th  February,  1806,  making 
provision  for  defraying  any  extraordinary  expenses  attending  the  intercourse  between 
the  United  States  and  foreign  nations,     -------        2,000,000 


$11,400,000 


2,700,000 


Making,  altogether,    -----  ....  $14,100,000 


Froin  which  it  appears  that,  besides  a  surplus  of  four  hundred  thousand  dollars,  the  resources  of  the  ensuing 
year  will  be  sufficient  to  meet  the  current  demands,  and  to  discharge,  without  recurring  to  the  loan  authorized  by 
the  last  mentioned  act,  the  extraorilinary  appropriation  of  two  millions  for  foreign  intercourse. 


1806.] 


STATE    OF  THE   FINANCES. 


205 


It  is  liere  proper  to  state,  that,  under  the  autliority  given  by  tliat  act,  a  credit  of  one  million  of  dollars  has  been 
opened  in  Holland,  to  the  ministers  of  the  Tnitcd  States  appointed  to  treat  with  Spain.  Should  the  credit  be  used, 
the  million  will  be  charged  to  the  proper  appropriation;  but.  although  the  balance  chargeable  to  the  expenditure  of 
the  year  1807,  will,  in  that  case,  be  only  one,  instead  of  two  millions,  as  staled  m  the  above  estimate,  the  general  re- 
sult will  be  the  same,  as  it  will  then  be  necessaiy  to  replace,  in  Holland,  the  million  thus  employed  for  a  different 
object  than  the  payment  of  the  foreign  deljf,  to  ivhich  it  now  stands  chaiged. 

The  balance  in  the  treasury  amounted,  on  the  30th  day  of  September,  1805,  to  $1,558,064  02;  and,  on  the  30th 
day  of  September,  1806,  to  $5,4!)6,1)61»  77.  But  it  will,  on  account  of  the  heavy  payments  to  be  made  in  the  course 
of  this  month  for  the  public  debt,  be  probably  reduced,  on  the  1st  Jaiuiary,  1807,  to  a  sum  not  much  exceeding  four 
millions  of  dollars. 

PUBLIC  DEBT. 

The  annexed  note  of  the  proceedings  of  the  ("omniissioners  of  the  Sinking  Fund,  marked  E.  shows  that  a  consi- 
derable portion  of  the  annual  appiopriation  of  eight  millions  of  dollars  was  applicable  this  year  to  the  reimbursesnent 
or  purchases  of  the  domestic  debt.  No  more  than  17,517  dollars  and  61  cents  were  offered  at  market  price,  and  ac- 
cordingly purchased.  The  reimbursement  ot  the  Navy  six  per  cent.,  amounting  to  711,700  dollars,  was,  therelbre, 
effected  on  the  30th  day  of  September  last,  and  that  of  the  five  and  a  half  per  cent,  slock,  amounting  to  1,847,500 
dollars,  is  advertised  for  the  1st  day  of  .January  next.  The  payment  of  the  last  mentioned  sum  will  be  made  by  (lie 
treasury  in  tiie  course  of  this  month.  Although  a  more  than  usual  portion  of  the  appropriation  for  tlie  calendar  year 
1806,  falls,  for  that  reason,  on  the  last  (juarter,  it  appears,  by  the  statement  1),  that  the  payments  on  account  of  the 
principal  of  the  public  debt  have,  during  the  year  ending  on  "the  30th  day  of  September,  1806,  amounted  to  neai'  three 
millions  two  hundred  and  fifty  thousand  dollars. 

It  appears  by  the  same  statement,  that  the  payments  on  account  of  tlie  principal  of  (he  public  debt  have,  from 
the  1st  of  April.  1801,  to  the  30th  September,  1806,  amounted  to,     -----         $31,203,903  S.-i 

The  payments  on  the  same  account,  to  be  made  by  the  treasury  in  (he  course  of  (his  moii(h,  are — 
For  (he  reimbursement  of  the  five  and  a  half  per  cent,  stock,  -  -  -  1,847,500  00 

For  the  annual  reimbursement  of  the  six  per  cent,  and  deferred  stocks,      -  -  993,389  19 

2,840.889   19 


Amounting,  altogether,  to 


$24,044,793  74 


And  making  the  total  of  principal  of  the  public  debt,  reimbursed  from  the  1st  of  April,  1801,  to  the  1st  January, 
1807,  more  than  twenty-four  millions  of  dollars. 

During  the  same  period,  there  have  also  been  paid  to  Great  Britain,  in  satisfaction  and  discharge  of  the  money 
which  the  United  States  might  have  been  liable  to  pay,  in  pursuance  of  (he  ])rovisions  of  (he  six(h  article  of  the  trea- 
ty of  1791,  two  millions  six  Inindied  antl  sixty-four  thousand  dollars;  and  to  the  holders  of  bills,  drawn  by  (he  mi- 
nister of  the  United  States,  at  Paris,  on  account  of  American  claims  assumed  by  the  convention  with  France,  a  sum 
exceeding  three  millions  and  fifty  thousand  dollars:  neither  of  which  sums  is  included  in  (he  pieceding  statement  of 
debt  redeemed. 

As  the  only  parts  of  the  public  debt  which  the  United  States  have  a  right  to  reimburse,  during  the  year  1807, 
consist  of  the  annual  reimbursement  of  the  six  j)er  cent,  and  deferred  stocks,  estimated  at  1,540,707  dollars,  ami  of 
the  four  and  a  half  per  cent,  stock,  amounting  to  176,000  dollars,  it  will  not  be  practicable,  unless  purchases  can  be 
effected  within  the  limitations  prescribed  by  law,  to  apply,  during  that  year,  the  whole  of  the  annual  appropriation  of 
eight  millions  of  dollars.  The  unexpended  balance,  together  with  the  appropriation  for  the  year  1808,  will  enitble 
the  United  States  to  reimburse,  on  the  1st  ot  January,  1809,  the  whole  of  the  eight  per  cent,  stock,  wliich  is  iiTf, 
deemable  befijre  that  day. 

But  in  order  that  Congress  inay  have  a  clear  view  of  the  situation  of  the  public  debt  after  the  year  1808,  and  be, 
enabled  to  decide  on  the  propriety  of  making  further  legislative  provision  for-  that  object,  it  appears  necessaiy  to 
state,  distinctly:  1st,  The  operations  wliich  will  take  place  in  relation  t)  the  debt,  during  the  ye;;rs  1807  and  1808. 
Sdly,  The  several  species  and  aggregate  of  debt,  which  will  have  been  extinguished  between  the  1st  April,  1801, 
and  the  1st  January,  1809.  3dly,  The  sever-al  species  and  aggregate  of  debt  remaining  unpaid  on  the  last  mentioned 
day.     4thly,  A  comparative  view  of  the  revenue,  and  annual  payments  on  account  of  the  (lebt,  after  that  day. 

I.  The  payments  to  be  made  during  the  years  1807  and  1808,  on  account  of  the  pi-incipal  and  interest  of  the  public 

debt,  consist  of  the  following  items,  viz.: 
Interest  and  reimbursement  of  the  six  per  cent,  and  deferred  stocks,        -  -  -  -  $6,688,296  08 

01  which  sum,  the  sum  required  for-  interest  is,       -  -  -  -  -  -  3,512,337  S3 

And  the  reimbur-sement  ol  princii>al  will  amount  to  -  -  -  -  -  3,175,958  25 


$6,688,396  08 


Ir.'erest  and  charges  on  all  the  other-  species  of  debt, 

]'/  ricipal  of  the  eight  per  cent,  and  four  and  a  half  per-  cent  stocks. 

Making,  altogether-,  -  -  -  .  - 

That  is  to  say,  for  interest,  .  -  .  .  . 

And  in  reimbursement  of  principal,  .  .  -  - 


3,529,457  50 
6,538,400  00 

16,756,153  58 


7,041,795  33 
9,714,358  25 

16,756,153  58 


This  sum  exceeds,  by  only  756.000  dollars,  the  sixteen  millions  appropriated  by  law  for  those  two  years;  and  that 
diff'ei-ence  may  be  supplied,  accmding  to  law,  from  the  surplusses  of  revenue  already  accrued,  which  are  sufficient 
for  that  purpose,  and  which  it  will  be  eligible  to  apply  in  that  mmner,  in  order  that  the  United  States  may  not  con- 
tinue to  pay  an  interest  of  eight  per  cent.,  any  longer  than  they  are  compelled  to  do  it  by  the  terms  of  the  loan. 

II.  The  amount  of  debt  redeemed  from  the  1st  of  April,  1801,  to  the  1st  January  next,  has  been  alreidy  stated 
to  be,         -  -  -  -  -  -  -  -  -  -  $24,044,793  74 

And  the  principal  which  will  be  reimbursed  during  the  year  1807  and  1808,  amounts,  by  the  pi-eced- 

ing  statement,  to  ----------  9,714,358  25 


Making,  together,  more  than  thirty- 


bursed  between  the  1st  of  Api-il.  1801,  and  the  1st  January,  1809. 


lions  seven  hundred  and  fifty  thousand  dollars,  reiin- 


$33,759,150  99 


Which  sum  consists  of  the  following  items,  viz: 
The  whole  of  the  foi-eign  debt,         -     "      -  -  -  -  -  -  $10,336,108  05 

The  whole  of  the  loans  formerly  obtained  fr-ora  the  Bank  of  the  United  States,  and  of  the  Navy  six,  five 

and  a  hall,  four  and  a  half,  and  eight  per  cent,  stocks,  .  -  -  .  -  12.537,600  00 

Annual  reimbursements  of  the  six  per  cent,  and  deferred  stocks,  -  .  .  -  10,631.575  67 

Payment-  ir  various  species  of  stock,  for  public  lands,  stock  purchased,  and  unfunded  debt  reimbursed,       353,867  ^27 


$33,759,150  99 


27 


tt 


206  FINANCE.  '  [1806. 


III.  The  debt  remaining  unpaid  on  the  1st  day  of  January,  1809,  will  consist  of  the  following  species: 

Unredeemed  amount  of  old  six  per  cent,  and  deferred  stocks,  reimbursable  only  at  the  rate  of  eight 

per  cent,  a  year  (for  principal  and  interest)  on  the  nominal  amount,  -  -  -  $27,142,357  31 

Three  per  cent,  stock,  - -  -  -  19,019,481  56 

1796  six  per  cent,  stock,  redeemable  in  1819,  -.--..-  80,000  00 

Louisiana  stock,  reimbursable  in  four  annual  instalments,  in  the  years  1818,  1819,  1820,  and  1821,        11,250,000  00 

Amounting,  altogether,  to  near  fifty-seven  millions  and  five  hundred  thousand  dollars,  -  -         $57,491,838  77 


The  liouisiana  stock  cannot  be  reimbursed  before  the  period  fixed  by  the  contract.  The  gradual  operation  of  the 
annual  reimbursement  will  extinguish  the  old  six  per  cent,  in  the  year  1818,  and  the  deferred  stock  in  1824;  after 
which  year  the  only  remaining  incumbrance  will  be  the  interest  on  the  three  per  cent,  stock,  which,  in  its  present 
shape,  may  be  considered  as  irredeemable.  Purchases  cannot  be  relied  upon,  as  the  application  of  even  an  inconsi- 
derable sum  would  raise  the  stocks  above  the  prices  limited  by  law.  It  follows,  that  all  the  species  of  debt  on  which 
the  entire  annual  appropriation  of  8,000,000  dollars  could  operate,  will  have  been  reimbursed  prior  to  the  year  1809; 
that  the  remaining  debt  cannot,  without  some  modifications,  assented  to  by  the  public  creditors,  be  more  rapidly  or 
completely  discharged  than  is  here  stated;  and  that  the  annual  payments  on  that  account,  will,  after  the  year  1808, 
and  prior  to  the  year  1818,  be  reduced  to  the  interest  and  annual  reimbursement,  amounting  to  near  4,600,000  dol- 
lars, as  will  more  fully  appear  by  the  annexed  table,  marked  G. 

IV.  The  revenue  derived  from  customs  during  the  year  1802,  which  was  a  year  of  European  peace,  was  much 
less  in  proportion  than  that  of  any  of  the  immediately  preceding  or  following  years,  and  yet  exceeded  ten  millions 
of  dollars.  As  it  has  been  ascertained  that  the  population  of  the  United  States  increases  at  the  rate  of  thirty -five 
per  cent,  in  ten  years,  tiie  revenue  derived  from  customs  for  the  year  1812,  may  be  estimated  at  thirteen  millions 
five  hundred  thousand  dollars:  to  which,  adding  only  five  hundred  thousand  dollars,  for  the  annual  proceeds  of  the 
sales  of  public  lands,  will  give  fourteen  millions  of  dollars  for  the  total  revenue  of  that  year,  or  for  the  average  re- 
venue ot  the  years  1809 — 1815.  And  this  must  be  considered  as  a  very  moderate  computation,  since  it  does  not  in- 
clude the  revenue  derived  from  New  Orleans;  is  predicated  on  the  supposition  that  the  wealth  of  the  United  States 
increases  in  no  greater  ratio  than  tiieir  population;  and  does  not  exceed  the  sum,  which,  exclusively  of  the  Mediter- 
ranean fund,  was  received  last  year  into  the  treasury. 

The  annual  payments  on  account  of  the  public  ilebt  will,  during  the  same  period,  amount,  as  has  already  been 
stated,  to  4,600,000  dollars.  All  the  otiier  expenses  of  the  United  States,  whether  domestic  or  foreign,  of  a  civil 
nature,  or  for  the  support  of  the  existing  military  and  naval  establishments,  do  not,  at  present,  exceed  3,500,000  dol- 
lars. The  total  annual  expenditure,  allowing  four  hundred  thousand  dollars  a  year  for  contingencies,  may,  therefore, 
be  estimated,  after  the  year  1808,  at  eight  millions  and  a  half;  which,  deducted  from  a  revenue  of  fourteen  millions, 
will  leave  a  nett  annual  surplus  of  five  millions  and  a  half  of  dollars. 

The  question  now  recurs,  whether  a  portion  of  that  surplus  would  not  be  most  advantageously  employed  in  hast- 
ening the  reduction  of  the  debt.*'  Whether  some  mode  may  not  be  devised,  to  provide,  within  a  sliort  period,  forits 
final  and  complete  reimbursement,  and,  thereby,  release  tiie  public  revenue  from  every  incumbrance?  This  can  only 
be  effected  by  a  modification  of  the  debt,  assented  to  by  the  public  creditors;  and  a  conversion  of  the  old  six  per 
cent,  deferred,  and  three  per  cent,  stocks,  on  terms  mutually  beneficial,  into  a  common  six  percent,  stock,  redeem- 
able within  a  limited  time,  has  appeared  the  most  simple  and  eligible,  if  not  the  only  practicable  plan,  that  can  be 
adopted.  For  its  details,  a  reference  is  respectfully  made  to  a  letter  written  in  January  last,  to  the  Chairman  of 
the  Committee  of  Ways  and  Means,  a  copy  of  which,  marked  F,  is  annexed.  It  will  only  be  necessary  to  state, 
that,  if  such  a  plan  should  be  sanctioned  by  Congress,  and  accepted  by  the  creditors,  those  several  species  of  debt, 
amounting,  on  the  1st  of  January,  1809,  to  something  more  than  forty-six  millions  of  dollars,  would  be  converted 
into  a  six  per  cent,  stock,  amounting  to  less  than  forty  millions  of  dollars,  which  the  coritinued  annual  appropriation 
of  eight  millions  of  dollars  would  (besides  paying  the  mterest  on  the  Louisiana  debt)  reimburse,  within  a  period  of 
than  seven  years,  or  before  the  end  of  the  year  1815,  as  will  appear  by  the  table  marked  H. 

The  total  annual  expenditure  for  those  seven  years,  would  then,  allowing  still  3,500,000  dollars  for  current  ex- 
penses, and  400,000  dollars  for  contingencies,  amount  to  something  less  than  twelve  millions  of  dollars;  which,  de- 
ducted from  a  revenue  of  fourteen  millions  of  dollars,  would  still  leave,  after  the  year  1808,  a  clear  surplus  of  more 
than  two  millions  of  dollars,  applicable  to  such  new  objects  of  general  improvement  or  national  defence,  as  the  Le- 
gislature might  direct,  and  existing  circumstances  require.  And,  after  the  year  1815,  no  other  incumbrance  would 
remain  on  the  revenue  than  the  interest  and  reimbursement  of  the  Louisiana  stock,  the  last  payment  of  which,  in  the 
year  1821,  would  complete  the  final  extinguishment  of  the  public  debt. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,   Secretary  of  the  Treasury. 
Treasury  Department,  December  5,  1806. 


1806.] 


STATE    OF  THE   FINANCES. 


207 


A. 

S  Statement  exhibiting  the  amount  of  Duties  ivhich  accrved  on  Merchandise,  Tonnage,  Passports,  and  Clearances; 
of  Debentures  issued  on  the  exportation  of  Foreign  Merchandise;  of  Payments  for  Bounties  and  .^llowanceb. 
and  for  eocpenses  of  collection,  during  the  years  1804  and  1805. 


1804 
1805 


Duties  on 


Merchandise.       Tonnage. 


30,374.053  29 
•23,601,709  56 


Passports  & 
clearances. 


209,249  28 
215,731   20 


17,334  00 
18,951   00 


Debentures 
issued. 


6,686,483  00 
8,955,745  00 


Bounties  8c 
allowances. 


192,741  51 
190,674  04 


Gross  revenue. 


13,721,412  06 
014,689,975  72 


Expenses  on 
collection. 


484,895  85 
554,836  76 


Nett  revenue. 


13,236,516  21 
14.135,138  96 


a  Gross  revenue  for  the  year  1805,  $14,689,975  72 

Deduct  interest  and  storage,  -  13,258  96 

Gross  revenue,  per  statement  B,  $14,676,716  76 


Note.— The  difference  between  the  above  statement, 
for  the  year  1804,  and  that  rendered  to  Congres.'^  hist 
session,  arises  from  accounts  being  inchided  in  the 
above,  which  were  not  received  at  the  time  the  state- 
ment rendered  hist  session  was  made  out. 


Jl  Statement  of  the  amount  of  Ancrican  and  Foreign  Tonnage,  employed  in  Foreign  Trade,  for  the  year  1805.  as 

taken  from  the  records  of  the  Treasury. 


American  tonnage  in  foreign  trade,  -..-...        Tons, 

Foreign  tonnage.         -----...- 

Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 

Proportion  of  foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade 
of  the  United  States,       ----.-_-, 


922,298 

87,843 

1.010,141 


8.7  to  100 


Treasury  Department,  Register'' s  Office,  November  27,  1806. 


B. 


JOSEPH  NOURSE,  Register. 


A  Statement  exhibiting  the  value  and  quantities,  respectively,  of  Merchandise,  on  which  duties  actually  accrued 
during  the  year  1805,  (consisting  of  the  difference  between  articles  paying  duty,  imported,  and  those  entitled  to 
draivback,  re-exported)  and,  also,  of  the  nett  revenue  which  accrued  during  that  year,  from  duties  on  Merchan- 
dise, Tonnage,  Passports,  and  Clearances. 


Goods  paying  duties  ad  valorein. 

33,506,584  dollars,  at  12;|  per  cent. 

-            -            _ 

$4,188,323  00 

7,248,627       do.            15         do. 

. 

1,087,294 

05 

405,470       do.           20        do.                 .             .             . 

- 

81,094 

00 

Additional  duty  on  $41,537,612,  at  2^  per  cent. 

(./?)1,038,440 

30 

41.160.681 

6,395,151 
2,232,901 

35 

85 

(a)  Spirits,        7,641,207  gallons,  at  29.2  cents,  average, 

(6)  Sugar.        68,046,865  pounds,  at    2.6    do.         do. 

- 

1,746,979 

85 

(c)  Salt.            2,816,455  bushels,  at  20        do. 

- 

563.291 

00 

(rf)  Wines,       2,604,611  gallons,  at  30.5    do.    average. 

- 

793,794 

85 

(e)   Teas,           3,354,381  pounds, at  19.9     do.         do. 

- 

669,190 

37 

Coftee.         4,816,274      do.      at    5        do. 

- 

240.813 

70 

Molasses,   9,226,446  gallons,  at    5       do. 

. 

461,322 

30 

(/)    All  other  articles,      -            .            -            -            - 

764,165 

84 

13,867.611 

11 

Deduct  duties  refunded,  after  deducting  therefrom  duties 

collected  on  mer- 

chandise,  the  particulars  of  which  could  not  be   ascertained,  and  differ- 

ence in  calculation,      ----- 

-            -            - 

26,661 

88 

$13,840,949 

2;{ 

35  per  cent,  retained  on  drawbacks, 

.. 

- 

- 

328,144 

79 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  forei 

gn  vessels. 

202,937 

54 

Nett  amount  of  duties  on  merchandise,     - 

14,372,031 

56 

Duties  on  tonnage.            .            _            .            .            . 

- 

156,430 

35 

Light  money,        ------ 

-           -           _ 

59,300 

85 

215,731 

20 

Duties  on  passports  and  clearances. 

18,954 

00 

14.606,716 

76 

Sundry  accounts  not  yet  received,  estimated  at 

;  ;  ; 

; 

: 

70,000 

00 

Gross  revenue,  as  per  statement  A.          -            - 

14,676,716 

76 

Deduct  expenses  of  collection,    -            -            -            - 

. 

- 

- 

554,836 

76 

Nett  revenue, 

$14,121,880 

00 

208 


FINANCE. 


[1806. 


Explanatoi-y  Statements  and  Notes. 


( J?)  Additional  duty  of  2i  percent.        - 

3§  per  cent,  retained  on  drawbacks,  -  ,  .    "^      .         "      , 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels, 


(a)  Spirits — Grain, 


1st  proot,    317,954  gallons,  at  28  cents, 


2d 

8,347 

29 

3d 

32,406 

31 

4th 

57,544 

34 

5th 

1,723 

40 

Cth 

43 

50 

Other  materials,  1st  &  2d 

1,137,012 

25 

3d 

3,061,619 

28 

4th 

2,995,394 

32 

5th 

29.159 

38 

6th 

106 

46 

7,641,207 


(ft)  Siisar — Brown, 
White, 


58,885,220  pounds,  at  2^  cents, 
9,161,645  3 


68,046,865 


(c)  Salt,  imported,  bushels  of  56  pounds 

Exported,  ;  -  12,503 

Amount  of  bounties  and  allowances, 
$190,674  04,  reduced  into  bushels 
at  the  present  rates,        -  953,370 


3,782,328 


965,873 


Paying  duty, bushels  of  56  pounds, 


2,816,455,  at  20  cents. 


(rf)  Wines — Madeira,  1st  quality,  - 

Do.            2d  quality,    -  2,909 

Sherry  and  St.  Lucar,  303,135 

Oporto  and  Lisbon,     -  293,734 

Burgundy  and  Champaigne,  3,931 

Tenerifte,  Fayal,  and  Malaga,  816,621 

Other,  in  bottles,         -  66,692 

Do.       in  casks,          -  911,430 


206,159  gallons,  at  58  cents, 
50 
40 
30 
45 


28 
35 
23 


2,604,611 


(e)  Teas— Bohea,             -               -  461,516  pounds,  at  12  cents, 

Souchong,        -                -  1,144,223                     18 

Hyson,             -                 -  478,924                     32 

Other  gieen,    -                -  1,269,718                    20 
Extra  duty  on  teas  imported 
from  other  places  than  India, 

3,354,38! 


$1,038,440  30 
6,647  72 
6,227  15 


$1,051,315  17 


$89,027  12 

2,391  63 

10,045  86 

19,564  96 

689  20 

21  50 

284,253  00 

857,253  32 

958,526  08 

11,080  42 

48  76 


(12,232,901  85 


$1,472,130  50 
$274,849  35 


$1,746,979  85 


$563,291  00 


H  19,572  22 

1,454  50 

121,254  00 

88,120  20 

1,768  95 

288,653  88 

22,342  20 

209,628  90 


$793,794  85 


$55,381  92 
205,960  14 
153,255  68 
253,943  60 

649  03 

$669,190  37 


1806.] 


STATE    OF    THE    FINANCES. 


209 


Explanatory  SUttenirnls  ami  .Vo/e*— Continucc 

. 

' 

QUANTITIES. 

RATI- 
OF 

i  EXCESS  OF 
DUTIES 

EXCESS 
O!'  DRAW- 

(/)    ALL  OTHER  ARTICLES. 

Excess  of 

Kxcess  of 

DUTY. 

OVER  DRAW- 

IJACK 

importa- 
tion over 

cx])ort:ition 
over  iniport- 

BACK. 

OVER  DU- 
TIES. 

exportation. 

.ition. 

Cents. 

Domestic  spirits  from  doiriestic  produce 

,    gallons, 

1,3.39 

, 

7 

i          $93    73 

Beer,  ale,  and  porter. 

do 

209.G39 

- 

8 

16.771    12 

Cocoa,     -                -                -                - 

pounds, 

2.119,057 

- 

2 

1  42,393  14 

Chocolate, 

do 

4,285 

- 

3 

128  55 

Sugar  candy. 

do 

826 

- 

lU 

j           94  99 

Loaf, 

do 

780 

- 

9 

!           70  20 

Other  refined, 

do 

237 

- 

6d 

15  41 

Vlmonds, 

do 

114,202 

- 

2 

2,884  04 

Currants, 

do 

41,378 

- 

2 

827  56 

Prunes  and  plums. 

do 

107,907 

- 

o 

3,358   14 

Figs,        -               -               -               - 

do 

220,054 

- 

2 

4,401   08 

Raisins,  in  jars,  and  niuscadel. 

do 

850,288 

- 

2 

17,005  76 

Other, 

do 

1,971,201 

- 

U 

29,568  02 

Candles,  tallow,     - 

do 

91,175 

- 

o 

1.883  50 

Wax,      - 

do 

2,403 

- 

6 

147  78 

Cheese, 

do 

77,210 

- 

7 

5,404  70 

Soap,                       .               -               - 
Tal  ow,                   -               -               - 

do 

215,259 

- 

o 

4,305   IS 

do 

478,651 

- 

u 

7,179  77 

Mace, 

do 

10,071 

- 

125 

12,588  75 

Nutmegs, 

do 

25,967 

- 

50 

12,983  50 

Cinnamon,               -                .                . 

do 

14,911 

- 

20 

2.982  20 

Cloves,                   -               -               . 

d(» 

47,771 

20 

9,554  20 

Pepper,                   -               -               - 

do 

602,970 

6 

- 

36,178  20 

Pimento,                 - 

do 

6,339 

- 

4 

253  56 

Chinese  cassia. 

do 

75,795 

- 

4 

3,031   80 

Tobacco,  other  than  snutt"ar)d  cigars,  - 

do 

4,544 

6 

272  61 

Snuft', 

do 

6,552 

10 

655  20 

Indigo, 

do 

86,411 

- 

25 

21,602  75 

Cotton,                    -               - 

do 

71,077 

- 

3 

2,132  31 

Powder,  liair. 

do 

5,748 

- 

4 

229  92 

Gun, 

do 

653,321 

- 

4 

26,132  81 

Starch,                     .                .                . 

do 

8,720 

- 

3 

261   60 

Glue, 

do 

32,812 

- 

4 

1.312  48 

Pewter  plates  and  dishes,     - 

do 

67,949 

_ 

4 

2.717  96 

Anchors  and  slieet  iron, 

do 

742,287 

- 

H 

11,134  30 

Hoop  and  slit  iron. 

do 

169,525 

- 

1 

1,695  25 

Nails, 

do 

3.503,379 

- 

.> 

70,067  58 

Spikes. 

do 

457,189 

- 

1 

4,571   89 

1 

Quicksilver,            - 

do 

91,864 

- 

(J 

5,511   84 

Ochre,  yellow,  in  oil, 

do 

22,168 

- 

u 

332  52 

Dry,  yellow, 

do 

175,012 

- 

1 

1,750   12 

Spanish  brown,       -               -               - 

do 

682,429 

1 

6,824  29 

White  and  red  lead, 

do 

2,139,256 

2 

42,785   12 

Lead,  and  manutactures  of  leatl, 

do 

4,448.935 

- 

1 

44,489  35 

Seines, 

do 

4,849 

- 

4 

193  96 

Cordage,  tarred,     - 

do 

790,615 

- 

2 

15,812  30 

Untarred, 

do 

60,871 

_ 

24 

1,521   78 

Cables, 

do 

02.653 

- 

o 

1,253  06 

Steel, 

cwt. 

9,717 

- 

100 

9.717  00 

Hemp,                    -               -               - 

do 

115.725 

_ 

100 

115,725  00 

Yarn,  untarred. 

do 

- 

1 

225 

- 

2  25 

Twine  and  pack-thread. 

do 

3,096 

- 

400 

12,384  00 

Glauber  salts. 

do 

447 

- 

200 

894  00 

Coal,                       - 

bushels. 

498,543 

- 

5 

24.927   15 

Fish,  dried. 

quintals. 

141,847 

. 

50 

70.923  50 

pickled,  salmon. 

barrels. 

6,832 

- 

100 

6,832  00 

Mackerel, 

do 

10,163 

_ 

60 

6.097  80 

AH  other, 

do 

10,501 

- 

40 

4,200  40 

Glass,  black  quart  bottles,    - 

groce. 

15,174 

- 

60 

9,104  40 

Window,  not  above  8  by  10,     ■ 

100  sq.  ft. 

20,429 

160 

32,686  40 

Do           do          10  by  12.     - 

do 

4,619 

- 

175 

8,083  25 

Do          all  above  10  by  12,     - 

do 

5,081 

- 

225 

11,432  25 

Cigars, 

M. 

16,492 

- 

200 

32,984  00 

Lime,                      -               -               - 

casks. 

598 

- 

50 

299  00 

Boots,                      -               -               - 

pairs. 

2,447 

- 

75 

1,835  25 

Shoes,  silk. 

do 

9,224 

- 

25 

2,306  00 

All  other,  for  men  and  women. 

do 

34,993 

- 

15 

5.248  95 

Children, 

do 

302 

_ 

10 

.30  20 

Cards,  wool  and  cotton, 

dozens. 

1 

- 

50 

50 

Playing, 

packs. 

13,790 

- 

25 

3.447  50 

300.346  29 

36.180  45 

764,165  84 

Treasury  Department.  JRegisler'^  OJficr,  November  '21  th.  1806. 

.lOSEPH  NOCRSE.  Re^-ister. 


210 


FINANCE. 


[1806. 


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St  Octo 
806. 

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lO  O  t^  M  »o 

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1806.] 


STATE   OF   THE   FINANCES. 


211 


Statement  C — Continued. 
Estimate  shoiv'mg  when  the  instalments  lohich  compose  the  balance  due  frotn  individuals  ivill  become  payable. 


OFFICES. 

Remaining'  due 
in  1806. 

Becoming'  due 
in  1807. 

Becoming'  due 
in  1808. 

Becoming  due 
in  1809. 

Becoming  due 
in  1810. 

TOTAL 
IlALAStE. 

Marietta, 
Zanesville, 
Steubenville,   - 
Cliillicotlie,     - 
Cincinnati, 

$2,147  09 
17,394  85| 
224,391  24i 

$6,020  25| 
31,185  50| 
201,617  934 
151,021   22| 
211,253  05^ 

$7,775  09i 

51.470  36i 

190,393  364 

152,307  88| 

251,296  59| 

$4,016  94.i 
42,621   99 

126,689  864 
93,196  264 

223,787  79| 

$2,527  97 
17,015  494 
30,656  084 
21.366  06| 
*  185,404  624 

$22,487  35| 
142,293  36| 
566,752   lOi 
417,891   44^ 
1,096,133  32 

243,933  18^ 

601.097  W 

653,243  3li 

490,312  85| 

256.970  23| 

2,245,557  58^ 

*  Of  this  sum,  $57,738  75  is  due  31st  December,  1811.  for  the  last  instalments  of  pre-emption  sales. 
Treasury  Department,  Register's  Office,  December,  1806. 


.in  estimate  of  the  principal  redeemed  of  the  Debt  of  the  United  States, from  \st  October,  1805,  to  30th  September, 
1806,  inclusive;  showing  the  redemption  of  the  principal  of  the  said  debt,  from  1st  Jlpril,  1801,  to  30th  Septem- 
ber, 1806. 


On  account  of  the  Domestic  debt. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the  United 
States,  on  account  of  the  interest  of  the  domestic  debt,  and  of  the 
reimbursement  or  purchases  of  the  old  six  per  cent,  and  deferred 
stocks,  from  1st  Oct.  1805,  to  30tli  Sept.  1806,  was  $4,476,047  88 

Deduct  interest  which  accrued  during  tlie  same  pe- 
riod, calculated  quarter-yearly,     3,154,343   16 

From   which  deduct  gain  on  pur- 
chases,-   -         -  -  -  437  9G{b.J 

3,153,905  20 


Reimbursement  of  the  Navy  six  per  cent,  stock. 

Payments  made  in  certificates  of  the  debt  of  the  United  States,  on 
account  of  lands,     ------- 

Payments  made  to  foreign  officers,  and  for  certain  parts  of  the  do- 
mestic tiebt,  -------- 

Payments  on  account  of  the  domestic  loans,  ... 

On  account  of  the  Foreign  debt. 

The  amount  of  warrants  issued  on  the  Treasurer,  exclusive  of 
$5,950  repaid  into  the  treasury,  and  $5,668  52,  the  commissions  to 
agents  purchasing  bills  of  exchange,  was  -         $1,803,765  06 

Deduct  interest  accruing  tliereon,  viz: 

On  the  Dutch  debt,  including  commissions 


and  charges 
On  the  Louisiana  stock,  including  com- 
missions 


Deduct  gain  on  exchange, 


$115,474  00 

678,073  50 

793.547  50 
37,430  21 


756.117  29 


Redemption 
from  1st  Octo- 
ber,   1805,     to 
30th    Septem- 
ber, 1806. 


a.  1,322, 142  68 
711,700  00 

167,400  35 

222  26 


1,047,647  77 


3,249,113  06 


Redemption 
from  1st  April, 
1801,  to  30th 
Sept'r,  1805, 
per  the  Secre- 
tary's report  of 
the  9th  Decem- 
ber, 1805. 


5,157.603   16 


94,617  81 

74,109  24 
3,440,000  00 


9,188,460  28 


$17,954,790  49 


Total  principal 
redeemed,  from 
1st  April,  1801, 
to  30th  Septem- 
ber,   1806. 


6,479,745  84 
711,700  00 

262,018  16 

74,331  50 
3,440,000  00 


10,236,108  05 


$21,203,903  55 


(«.)  Viz:  Six  per  cent,  and  deferred  stocks  purchased. 
On  account  of  reimbursement  of  do. 


{b. )  The  unredeemed  amount  of  six  per  cent,  and  deferred  stock  purchased,  was. 
Paid  for  at  97^  per  cent.  ...... 


Gain, 


§17,517  61 
1,304,625  07 

§1,322,1  42  68 

$17,517  61 
17,079  65 

§437  96 


Treasury  Department,  Register's  Office,  ilth  November,  1806. 

JOSEPH  NOURSE,  Register. 


212  FiNANCE.  [1806. 


E. 

At  r.  mectins  of  the  Commissioners  of  tiie  Sinking  Fund,  on  the  28th  day  of  April.  ISOG — 

Present:  James  Madison,  Secretary  of  State. 

Albert  Gallatin,  Secretary  of  the  Treasury. 
John  Breckenridge,  Attorney  General. 

The  Secretary  of  tlie  Treasury  laid  before  the  Board  a  report,  dated  the  26th  April,  1806,  which  was  read,  and 

"That  tiie  current  payments  to  be  made  by  the  commissioners  of  the  sinking  fund,  during  the  year  1806,  are  esti- 
mated as  followeth.  viz: 

Reimbursement  and  interest  on  the  domestic  debt,  .---...      $4,585,000 

Instalments  and  interest  on  the  Dutch  debt,  payable  from  1st  January,  to  the  1st  June,  1807,  and 

which  must,  therefore,  be  remitted  in  1806,     --------        1,004,032 

One  year's  interest  on  the  Louisiana  stock,  ---.-..-  678,375 

Amounting,  altogether,  to           -      $6,867,407 
And  leaving,  in  order  to  complete  the  annual  appropriation  of  eight  millions  of  dollars,  a  sum  es- 
ceeding^one  million  seven  hundred  and  thirty  thousand  dollars,  (exclusively  of  the  interest 
which  may  be  redeemed  by  the  payment  of  said  sum)  to  be  applied  in  such  manner  as  tiie  Board 
shall  direct.         -------- 1.732,593 

$8,000,000 


That  the  said  sum  may  be  applied  either  to  reimbursements  or  purchases  of  the  public  debt. 

That  the  only  portions  of  the  debt  which  may  be  reimbursed,  are: 
The  Navy  six  per  cent,  stock,  amounting  to  -  -------         $711,700 

The  five  and  a  half  per  cent,  stock,  amounting  to  -  -------        1,847,500 

And  the  four  and  a  half  per  cent,  stock,  amounting  to      -------  176,000 

And   that  it  is  now  submitted,  whether,  previous    to  advertising  the  reimbursement  of  tlie  five  and  a  half  per 
cent,  stock,  it  might  not  ue  advisable  to  ascertain  whether  a  more  advantageous  application  may  be  effected  by  pur- 
chases in  the  manner  authorized  by  law.*' 
Whereupon,  it  was  Resolved. 

1 .  That  the  sum,  which.,  after  making  the  current  payments  mentioned  in  the  preceding  report,  shall  remain  to  com- 
plete the  annul  appropriation  of  eight  millions  of  dollars,  be  applied  in  the  following  manner,  viz:  first,  to  the  pur- 
chase of  the  eight  per  cent.,  olil  six  per  cent.,  and  deferred  stocks,  at  a  price  not  exceeding  the  rates  fixed  by  law; 
"iving  the  preference,  in  the  first  place,  to  the  eight  per  cent.,  and.  in  the  next  place,  to  the  deferred  stock,  provid- 
ed that  the  President  of  the  United  States  shall  assent  to  such  application;  and,  secondly,  in  case  that  a  sufficient 
quantity  of  stock  cannot  be  purchased,  to  the  reimbursement  of  the  navy  six  per  cent,  stock,  and,  at  the  option  of 
the  Secretary  of  the  Treasury,  either  to  the  reimbursement  of  the  five  and  a  half  per  cent,  stock,  or  of  so  much  of 
the  bill-  drawn  on  the  treasury,  by  the  minister  of  the  United  States  at  Paris,  in  conformity  with  the  convention 
between  France  and  the  Unitetl  States,  of  the  30th  of  April,  1803,  as  will  be  necessary  to  complete  the  payment  of 
the  said  eight  millions  of  dollars. 

2.  That  the  Treasurer  of  the  United  States  be  the  agent,under  the  superintendence  ot  the  Secretary  of  the  Trea- 
sury, for  making  the  said  purchases;  that  the  said  purchases  be  made  by  receiving  sealed  proposals  for  any  sums 
which  may  be  oftered;  and  that  the  said  agent  forthwith  advertise  to  receive  such  proposals,  until  the  13t]i  day  of 
June  ni'Xt,  inclusively.  •  ,  •        . 

3.  That  notice  of  the  reimbursement  of  such  stocks  as  may  be  reimbursed,  be  given  by  the  Secretary  of  the  Trea- 
sury, prior  to  tlie  1st  day  of  July  next,  and  that  the  date  of  reimbursement  be,  at  his  option,  either  the  1st  day  of 
October,  or  the  1st  day  of  January  next. 

JAMES  MADISON,  Secretary  of  State. 
ALBERT  GALLATIN.  Secretary  of  ths  Treasury. 
JOHN  BRECKENRIDGE,  .Attorney  General  U.  S. 
Attest, 
Edward  Jones,  Secretary  lo  the  Commissioners  of  the  Sinking  Fund. 

F. 

Treasury  Department,  ./rt7i;/«?'v  20//;,  1806. 

I  had  the  honor,  in  my  letter  of  the  28tli  ultimo,  to  suggest  that  a  conversion  of  the  old  six  per  cent,  ileferred, 
and  three  per  cent,  stocks,  into  a  new  six  per  cent,  stock,  would  promote  the  intention  of  the  Legislature  to  extin- 
guish, within  a  fixed  r^i-iiod,  the  whole  debt  of  the  United  States.  For  a  better  understanding  of  the  subject,  a  re- 
capitulation of  the  Several  species  of  stock,  which,  on  the  first  day  of  this  year,  constituted  the  public  debt,  is  neces- 
sary.    The  first  class  embraces  the  several  species  of  debt,  reimbursable  on  or  before  the  1st  clay  of  January,  1809, 

viz: 

I.  Dutch  Debt. 

The  amount  of  principal  remaining  unpaid  on  the  31st  of  December,  1805,  Guilders,  5,500,000 

Of  which  there  had  been  remitted^  previous  to  that  day,  in  addition  to  the  interest  of  the 
year  1806,  a  sum  more  than  sufficient  to  discharge  all  the  instalments  payable  in  the 
same  year,  and  amounting  to,        --------       2.000.000 

Leaving  for  the  balance  of  principal  unprovided  for,  ...  -  -  -       3,500,000=  $1,400,000 

Nine  hundred  and  twenty  thousand  dollars  of  that  sum  fall  due  in  tlie  year  1807,  and 

the  residue  is  payable  in  two  equal  instalments,  of  240,000  dollars  each,  on  the  1st  days 

of  February,  1808  and  1809.     The  whole  amount,  therefore,  will  have  been  paid  by  the 

treasury,  before  the  end  of  the  year  1808. 

II.  Right  per  cent,  stock,  irredeemable  till  after  the  year  1808. 
The  original  amount  of  that  stock  was  --.----     $6,480,400 

Of  which  h;id  been  paid,  in  payment  fi)r  public  lands,  piior  to  the  1st  of  January,  1806,     -  50,900 

Leaving  the  amount  unredeemed,      -_  -  -  -  -  -  -  -     6,429,500 

Partial  purchases  may,  perhaps,  be  effected  within  the  limitations  prescribed  by  Congress, 

during  this  and  the  two  ensuing  yeai-s;  and,  at  all  evL-nts,  the  whole  will  be  reimbursed 

on  the  1st  day  of  January,  1809. 

III.  Debts  rcimbursatjle  at  the  pleasure  of  the  United  States,  7nz: 
Navy  six  per  cent  stock,        -  -------  711.700 

Five  and  a  half         do.  --------  -       1,847.500 

Four  and  a  half        do.  --------  -  176,000 

.      ..  2.735.200 

0,564,700 


1806.]  STATE  OF  THE  FINANCES.  213 

Which  will  also  be  reimbursed  before  the  year  1809,  unless  the  price  of  stocks  should  ren- 
der it  more  advantageous  to  purchase  some  other  species  of  debt. 

The  second  class  consists  of  debts  payable  at  more  distant  periods,  wich  it  tloes  not  appear 
practicable  to  anticipate,  viz: 

I.  1796  six  per  cent,  stock,  redeemable  in  1810,        ---.-.  80,000 

II.  Louisiana  stock,  redeemable  in  four  annual  instalments,  the  first  of  vvhicli  is  payable 

in  1818,       '  -  -  -  '  -  -  -  -  -  -      11,250,000 


'Ilie  old  six  per  cent,  deferred,  and  three  per  cent,  stocks  constitute  the  last  class,  ami 

amount  to  the  following  sums: 
The  nominal  amount  of  six  per  cent,  is  .._-.-.-     28,180,000 

Of  deferred  do.         ..------      13,GG0,000 


11,330,000 


Of  which  has  been  redeemed,  by  the  annual  reimbursement  of  eight  per  cent,  on  account 

of  principal  and  interest,  (omitting  fractions)  viz: 
On  the  six  per  cent,  stock,  at  the  rate  of  30. IG  per  100  dollars,  -  -        8,500,000 

On  the  deferred  stock,  at  the  rate  of  1 1.30  per  100  dollars,     -  -  -         1,510,000 


•11,840,000 


10,040,000 


Leaving  the  unredeemed  amount  on  1st  January,  1806,  (in  round  numbers)  -  -     31,800,000 

The  nominal  amount  of  three  per  cent,  (in  round  numbers  also)  '  -  -      19,050,000 


50,850,000 


Total  amount  of  the  public  debt,  -  .  ^  .  .  -  $72,741,700 


Although  the  old  six  per  cent,  and  tielerred  stocks  are  still  considered  as  a  six  per  cent,  stock,  they  are  both,  in 
fact,  an  annuity  of  eight  per  cent,  on  the  original  nominal  amount,  which,  extinguisliing  the  principal  by  degrees, 
will  cease  for  the  old  six  per  cent,  in  the  year  1818,  and  for  the  deferred  in  1824.  A  certificate  of  six  per  cent, 
stock,  of  one  hundred  dollars  nominal,  was  consideretl,  on  the  1st  January,  1806,  as  equal  to  sixty-nine  dollars  and 
ninety  four  cents,  real  six  per  cent,  stock,  because  thirty  dollars  and  sixteen  cents  of  the  principal  had  been  dis- 
charged by  the  annual  reimbursement  of  eight  per  cent.,  instead  of  which,  it  was,  properly  speaking,  an  annuity  of 
eight  dollars  for  twelve  years  and  something  less  thari  nine  months.  And  in  the  same  manner,  a  certificate  of  de- 
ferred stock,  of  one  hundred  dollars  nominal,  was  considered  as  equal  to  eighty-eight  dollaisand  seventy  cents,  real 
six  per  cent,  stock,  instead  of  which,  it  was,  strictly  speaking,  an  annuity  of  eight  dollars  for  eighteen  years  and 
something  less  than  nine  months. 

The  proposition  now  submitted  to  the  Committee  of  Ways  and  Means  is,  that,  in  exchange  for  the  present  six  per 
cent,  and  deferred,  a  common  six  per  cent  stock  shall  be  otVered  to  the  public  cretlitors,  equal  in  amount  to  the  un- 
redeemed amount  of  the  present  stocks,  and  redeemable  at  the  pleasure  of  the  f'nited  States:  Provided,  however, 
that  no  partial  payment  shall  be  made  on  atiy  new  ceititicate  or  credit,  but  that  Government  shall  be  obliged  to  re- 
imburse, at  a  single  payment,  the  whole  amount  of  each  such  new  certificate  or  ciedit,  and  to  give  previous  reasona- 
ble notice  of  such  intendcil  reimbursement.  Although  peculiar  circumstances  may  prevent  a  gener.alacceptance  of 
that  proposal,  die  exchange  would  certainly  be  advantageous  to  the  creditors.  Uecause,  1st,  it  is  dilficult  to  calcu- 
late, and  inconvenient  to  reinvest,  four  times  in  each  year,  the  portion  of  principal  reimbursed,  which  niakes  part 
of  the  quarterly  dividend:  and  every  stockholiler  who  does  not  fully  thus  reinvest,  insensibly  consumes  his  capital. 
2dly,  an  annuity  for  a  limited  term  of  years  is  uniformly  sold  at  market  for  a  price  less  than  its  intiinsic  or  arith- 
metical worth,  as  may  be  exemjilified  by  the  market  value  of  every  lease,  and  ofevery  estate,  less  than  the  absolute 
fee.  For  that  reason,  the  Navy  six  per  cent.,  which  is  redeemable  at  the  pleasure  of  the  United  States,  has  always 
been  worth,  at  market,  something  more  than  the  old  six  per  cent,  and  deferred  stocks;  and  these,  in  England,  do  not 
even  command  a  higher  price  than  the  American  five  and  a  half  per  cent,  stock,  which  is,  also,  redeemable  at  will. 
3dly,  the  time  and  manner  in  which  the  new  stock  would  be  reimbursed,  would,  as  far  as  it  is  practicable,  prevent 
any  great  fluctuation  in  its  price,  and  fix  its  market  value  at  par. 

"The  exchange  would  also  be  advantageous  to  the  public.  1st,  Because  Government  will,  thereby,  be  enabled  to 
reimburse  the  whole  in  less  that  nine  years  instead  of  eighteen.  And,  2dly,  because,  supposing  that  circumstances 
should  render  a  resort  to  loans  necessaiy,  the  terms  on  which  these  may  be  obtained,  will,  in  a  considerable  ilegree, 
depend  on  the  price  of  the  existing  stocks.  It  is,  therefore,  desirable  that  that  species,  the  price  of  which  has  a  ten- 
dency to  regulate  that  of  all  otiiers,  should  be  as  valuable  as  its  rate  of  interest  will  admit:  and  it  has  already  been 
stated,  that  the  present  six  per  cent,  and  deferred  stocks,  being  an  annuity  for  a  numbei-  of  years,  are  generally 
worth  less  than  their  intrinsic  value.  It  is  believed  that  that  effect  was  sensibly  felt  in  the  operations  connected 
with  the  purchase  of  Louisiana. 

The  advantages  of  the  proposed  conversion  being  reciprocal,  no  sacrifice  should  be  made  by  the  United  States,  in 
order  to  ensure  the  assent  of  the  public  creditors:  those  who  may  refuse  it,  will  continue  to  receive  the  eight  per  cent, 
annuities,  and  these  will,  as  has  been  stated,  cease  in  the  years  1812  and  1S18.  It  appears,  however,  proper  that 
such  remaining  annuities  should  be  designated  by  their  proper  name,  instead  of  carrying  on  the  face  of  the  certifi- 
cates of  stock,  the  deceptive  appearance  of  a  six  per  cent,  stock.  The  annexed  printed  table,  exhibiting  the  amount 
of  principal  redeemed  on  the  first  day  of  each  quarter,  shows  the  difficulty  to  persons  not  well  versed  in  those  trans- 
actions, of  calculating  the  true  nominal  \A\nQ  or  unredeemed  amount  of  a  stock  which  is  perpetually  diminishing, 
whilst  its  apparent  nominal  Awwwwi  still  remains  the  same.  It  may  easily  be  understooci,  how  it  may,  in  some  in- 
stances, happen,  that  the  stockholder  consumes  his  principal,  whilst  he  supposes  that  he  is  only  living  on  the  inter- 
est: and  how  it  does  sometimes  happen,  that  ignorant  purchasers,  thinking  that  the  whole  apparent  nominal  amount, 
as  expressed  on  the  face  of  the  certificate,  is  still  due  by  the  United  States,  are  induced  to  pay  for  stock  more  than 
its  real  value. 

It  is,  tlierefore,  proposed,  that  it  should  be  enacted  by  law,  that,  in  every  case,  vyhere  it  shall  be  necessary  to  issue 
new  certificates,  either  in  lieu  of  such  as  may  be  lost  or  destroyed,  or  by  reason  of  a  transfer  of  the  property  itself, 
or  from  the  books  of  one  office  to  those  of  another,  the  new  certificate  shouhl,  on  the  face  thereof,  express  the  true 
amount  of  the  annuity  due,  and  of  the  time  when  it  shall  cease,  instead  of  stating,  as  at  present,  the  nominal  amount 
of  the  stock  which  was  originally  due. 

A  conversion  of  the  three  per  cent,  into  the  six  per  cent,  stock  cannot  be  so  easily  effected;  nor,  indeed,  witliout 
some  apparent  sacrifice  on  the  part  of  the  United  Slates. 

A  three  per  cent,  will  always  be  worth  more  at  market  than  a  six  per  cent,  stock,  which  produces  an  equal  in- 
terest— 

1st.  Because  there  is  a  possibility  that  its  nominal  amount  may  ultimately  be  reimbursed. 

2(lly.  Because,  supposing  it  to  be  a  perpetual  annuity,  the  principal  of  which  shall  never  be  reimbursed,  its  mar- 
ket price  is  regulated,  not  only  by  the  legal  or  market  rate  of  interest  in  America,  but  but  by  the  price  of  similar 
foreign  stocks,  and  by  the  demand  lor  American  stocks  in  foreign  countries.  More  than  eleven  millions  of  dollars 
(d' the  American  three  per  cent,  stock  are  held  by  persons  residing  in  England,  Holland,  and  othur  foreign  countries. 
That  stock  is  never  worth  less  than  sixty  per  cent,  of  it  nominal  amount,  when  the  old  six  per  cent,  stock  is  at  par. 
It  cannot,  therefore,  be  expected,  that  the  holders  will  assent  to  any  modification  w^hich  will  not  secure  to  them  ad- 
vantr.ges  at  least  equal  to  those  they  now  possess;  and  the  question  to  be  decided  by  the  committee  and  by  Congress, 
is,  whether  that  debt  shall,  henceforth,  be  considered  as  a  perpetual  incumbrance  on  the  nation,  o;  whether  such  a 
compensation  >:hall  be  offered  to  the  creditors,  as  may  induce  them  to  accept  a  conversion  which  will  secure  the  ob- 
£8  tt 


o;|.4  FINANCE.  [1806. 


ject  heretofore  contemplated — the  total  extinguishment  of  the  American  debt.     It  may  not  be  improper  to  add,  that, 
even  to  those  who  may  think  the  accomplishment  of  that  object  either  unimportant  or  impracticable,  the  taking  into 
consideration  such  a  state  of  things  as  m;iy  render  new  loans  necessary,  the  existunce  of  a  three  per  cent,  stock  is  in- 
eligible.    To  a  nation  already  incumbered  with  an  immense  debt,  and  subject,  on  account  of  her  relative  situation, 
to  peace  and  war  establishments  of  great  magnitude  and  corresponding  expense,  the  annual  sum  which  it  may  be  ne- 
cessary to  pay,  in  order  to  obtain  extraordinary  resources,  becomes  the  primary  consideration;  and  that  species  of 
stock  wliicn,  in  proportion  to  its  rate  of  interest,  is  the  most  valuable  at  market,  will  naturally  be  created.     The  po- 
litical anil   geogruphical  situation  of  the  United  States  permits  at  least  a  hope,  that,  under  every  contingency,  the 
reimbursement  of  the  debts  which  may  necessarily  be  incurred,  will,  at  a  subsequent  period,  be  attainable,  and  that 
the  principal  will  not  be  increased  for  the  sake  of  diminishing  the  intermediate  payments  ot  interest.     As  the  ulti- 
mate value  which  a  three  per  cent,  stock  may  reach  at  market,  has  natural  limits,  and  the  probability  of  its  reaching 
that  value  rests  on  uncertain  contingencies,  it  is  presumable  that  the  assent  of  the  creditors  may  be  obtained  on 
reasonable  terms,  and  no  greater  sacrifice  should  certainly  be  made  than  the  advantages  expected  from  the  operation 
will  justify.     In  appreciating  the  value  of  the  new  six  per  cent,  stock,  which  the  creditors  would  receive,  not  only 
its  nominal  amount,  but  also  the  additional  annuity  which  will  be  payable  till  the  stock  shall  be  reimbursed,  must 
be  taken  into  consideration.     It  will,  on  that  account,  be  eligible  to  provide  that  it  shall  not  be  redeemable  till  after 
all  the  ciglit,  five  and  a  half,  four  and  a  half,  and  Navy  six  per  cent,  stocks,  as  well  as  all  the  stock  which  may  be 
created  in  exchange  of  the  old  six  per  cent,  and  deferred  stocks,  siiall  have  been  reimbursed — a  period  which,  sup- 
posing no  adverse  circumstances  to  intervene,  may  be  estimated  at  about  eight  years.     Thus,  supposing  the  three 
per  cent,  to  be  converted  into  a  six  per  cent,  stock,  at  the  rate  of  sixty  per  cent,  of  its  nominal  amount,  the  creditor 
would,  at  the  end  of  eight  years,  receive  sixty  dollars,  and,  in  the  meanwiiile,  an  annuity  of  three  dollars  and  sixty 
cents,  instead  of  three  dollars,  which  he  now  receives;  both  which  provisions  may  be  considered  as  nearly  equal  to 
a  redemption  at  the  rate  of  sixty-five  dollars.     It  may  be  added,  that  this  new  stock  would  be  worth  more  at 
market  tnan  the  six  per  cent,  created  in  exchange  of  the  old  six  per  cent,  and  deferred,  and  probably  more  than  par. 
ilie  Louisiana  stock,  which  is  irredeemable  for  twelve  years,   is  now  worth,  in  England,  one  hundred  and  five, 
whilst  the  old  six  per  cent,  is  only  at  ninety  five  per  cent.     Whatever  reasonable  rate  may  be  paid  for  the  proposed 
conversion,  the  United  States  will  provide,  at  a  fixed  price,  for  the  redemption  of  the  debt;  and  the  creditor,  besides 
receiving  an  intei mediate  additional  interest,  will  exciiange  the  uncertain  contingency  of  a  supposed  increase  of 
value  for  the  certainty  of  a  reimbursement,  greater  than  the  highest  price  \yhich  the  tiiree  per  cent,  stock  has  ever 
yet  readied.    It  has  already  been  stated,  that  more  than  eleven  millions  of  dollars  of  the  three  per  cent,  stock,  are 
held  by  persons  residing  in  foreign  countries.     About  fourteen  millions  of  the  unredeemed   amount  of  the  six  per 
cent,  and  deferred  stocks,  are  in  the  same  situation.     As  it  will  be  more  difficult  to  obtain  the  assent  of  that  class 
of  stock  holders,  particularly  as  relates  to  the  three  per  cent,  stock,  it  might  also  be  agreed  that  the  interest  due  to 
them  on  the  new  stock,  should,  like  that  on  the  Louisiana  stock,  be  paid  in  Europe — a  provision  which,  without 
costing  much  to  the  United  States,  will  be  a  strong  inducement  in  favor  of  the  proposed  modifications.     Nor  would 
it  be  impracticable  to  provide  for  an  exchange  of  certificates  in  Europe,  which  would  remove  the  objection  arising 
from  the  delays  and  dangers  incident  to  a  double  transmission  of  papers  across  the  Atlantic.    Some  subordinate 
details  may  be  introduced  in  the  law;  but  these  outlines  will  be  sufficient  to  convey  an  idea  of  the  plan  which 
appears  to  be  the  most  simple  and  cheapest  mode  of  effecting  the  object  contemplated.     Still  it  is  less  the  plan  thus 
respectfully  submitted,  than  the  subject  itself,  which  I  have  been  desirous  of  bringing  under  the  consideration  of  the 
committee.     Although  an  ample  appropriation  has  been  made  for  the  extinguishment  of  the  whole  of  the  public  debt, 
the  nature  of  tiie  greater  part  of  the  stock  will,  unless  some  modification  shall  be  obtained,  prevent  or  considerably 
retard  the  accomplishment  of  that  object.     If  no  alteration  shall  take  place  in  the  nature  of  that  stock,  the  Commis- 
sioners of  the  Sinking  Fund  will,  after  the  year  1609,  have  no  other  means  of  applying  near  one-half  of  the  annual 
appropriation,  than  by  making  purchases.    Annual  purchases  to  the  amount  of  near  four  millions  of  dollars,  would 
necessarily  raise  the  old  six  per  cent,  and  deferred  stocks  above  par,  and  the  three  per  cent,  stock  to  the  highest 
price  of  which  it  is  susceptible.     As  a  necessary  consequence,  the  commissioners  would  cease  to  purchase;  and 
without  any  real  advantage  being  obtained  by  the  creditors,  the  United  States  would  continue  to  be  encumbered,  for 
a  number  of  years,  with  the  eight  per  cent.,  and  in  perpetuity  with  the  three  per  cent  annuities.     Years,  perhaps  the 
most  favorable  for  the  extinguisliment  of  the  debt,  would  elapse,  and  periods  might  follow  when  the  pressure  of 
the  annual  payments  would  be  sensibly  felt.     To  improve  the  present  time,  appears  the  most  provident  course;  will, 
it  is  believed,  conform  with  the  public  opinion;  and  is  most  consistent  with  the  former  acts  of  the  Legislature. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Hon.  John  Randolph,  Chairman  of  the  Committee  of  Ways  and  Means. 


1806.] 


STATE    OF    THE    FINANCES. 


215 


STATEMENT  F-Continued. 

Table  showins^  the  amount  of  princlml  {on  the  calcnhillnn  of  one  hundred  dollars)  redeemed  at  certain  quarter' 
yearly  periods,  until  its  final  extinction,  by  the  United  States,  of  their  stock  bearing  an  interest  of  six  per  cent 
per  annum,  arising  from  the  payment  of  dividends  of  eight  per  centum  per  annum,  under  the  provisions  of 
sundry  acts  of  Congress. 


Amount  redeem'd. 

Amount  redeem'd. 

Amount  redeem'd. 

Amount  redeem'd. 

January  1,  1796,     - 

1802 

2 

1808 

16.857.635.349 

1814 

38.096.666.858 

1820'      68.457.922.123 

April, 

- 

2.3 

- 

17.110.499.879 

- 

38.668.116.860 

-     !      69.484.790.955 

July, 

- 

2.060.45 

- 

17.367.157.377 

- 

39.248.138.613 

70. .527. 062. 819 

October, 

- 

2.091.356.75 

- 

17.627.664.737 

- 

39.836.860.693 

. 

71. .584. 968. 761 

January  1,  1797,    - 

1803 

4.122.727.101 

1809 

19.892.079.708 

1815 

42.434.413.603 

1821 

74.658.743.293 

April, 

- 

4.184.568.008 

- 

20.190.460.904 

- 

43.070.929.807 

. 

75.778.624.442 

July, 

~ 

4.247.336.528 

- 

20.493.317.817 

- 

43.716.993.754 

. 

76.915.303.809 

October,        - 

~ 

4.311.046.576 

- 

20.800.717.585 

_ 

44.372.748.660 

78.069.033.366 

Januarj'  1,  1798,     - 

1804 

6.375.712.274 

1810 

23.112.728.348 

1816 

47.038.339.890 

1822 

81.240.068.866 

April, 

- 

6.471.347.958 

- 

23.459.419.273 

- 

47.743.914.989 

. 

82.4.58.669.899 

July, 

- 

6.568.418.178 

- 

23.811.310.563 

- 

48.460.073.713 

. 

83.695.549.948 

October,        - 

- 

6.666.944.450 

- 

24.168.480.221 

- 

49.186.974.819 

84.950.983.197 

January  1,  1799,     - 

1805 

8.766.948.617 

1811 

26.531.007.424 

1817 

51.924.779.441 

1S23 

88.225.247.945 

April, 

- 

8.898.452.846 

- 

26.928.972.536 

- 

52.703.651.133 

89. .548. 626. 664 

July, 

- 

9.031.929.639 

- 

27.332.907.124 

- 

53.494.205.900 

. 

90.891.856.064 

October,        - 

- 

9.167.408.583 

- 

27.742.900.730 

- 

54.296.618.988 

. 

92.255.233.904 

January  1,  1800,     - 

1806 

11.304.919.712 

1812 

30.159.044.241 

1818 

57.111.068.273 

18'^4 

95.639.062.413 

April,              -         - 

- 

11.474.493.508 

- 

30.611.429.905 

- 

57.967.734.297 

97.073.648.349 

July, 

- 

11.646.610.910 

- 

31.070.601.354 

- 

58.837.2.50.311 

98.529.753.074 

October, 

- 

11.821.310.074 

- 

31.536.660.374 

_ 

59.719.809.066 

100 

January  1,  1801,     - 

1807 

13.998.629.725 

1813 

34.009.710.279 

1819 

62.615.606.202 

April, 

- 

14.208.609.171 

- 

34.519.855.933 

_ 

63.554.840.295 

July, 

- 

14.421.738.308 

- 

35.037.653.773 

- 

64.508.162.899 

October, 

14.638.064.383 

35.563.218.579 

~ 

65.475.785.343 

Amount  due  July  1st,  1818,  -  -  .  $1,470,246,926 

Interest  thereon,         .....  22,053,703 

Amount  of  last  payment,  payable  1st  October,  1818,  .^nd  1824,  $1,492,300,629 

The  re.al  valiie  of  one  hundred  dollars,   nominal,  will  bo  found  by  deducting'  the  amount  redeemed  in  any  one  quarter,  from 
one  hundred  nominal  dollars  expressed  in  the  stock  bearing-  interest  at  six  per  cent. 


G. 

V?  Table  of  the  annual  payments  to  be  made  on  account  of  the  Public  Debt,  from  the  year  1809  to  the  year  1824, 

if  no  modification  of  the  same  shall  take  place. 


Interest  and  re 

mbursement  of 

6  per  cent,  stock 
of  1796. 

Louisiana  stock. 

Interest  on 

Total  in  each 

YEARS. 

three   per 
cent,  stock. 

year. 

Interest 

Six  perct.  stock. 

Deferred  stock. 

Inter'st 

Principal. 

and 

Principal. 

charg-es. 

Dolls,    cts. 

Dolls.   Cts. 

DoUs. 

Dolls. 

Dollars. 

Dollars. 

Dolls.  Cts. 

Dolls.     Cts. 

From  1809  to  1817, 

2,251,492   11 

1,092,655  93 

4.800 

- 

680,000 

- 

570,583  25 

4,599,531  29 

1818, 

1,264.297  42 

1,092,655  93 

4,800 

- 

680,000 

2,812,500 

570,583  25 

6,424,836  60 

1819, 

- 

1,093,655  93 

4,800 

80,000 

510,000 

2,812,500 

570.583  25 

5,070,539   18 

1820, 

. 

1,092,655  93 

- 

- 

340,000 

2,812,500 

570,583  25 

4,815,739   18 

1821, 

- 

1,092,655  93 

- 

- 

170,000 

2,812,500 

570,583  25 

4,645,739   18 

1822, 

- 

1,092,655  93 

- 

- 

- 

- 

570,583  25 

1,663,239  18 

1823, 

- 

1,092,655  93 

- 

- 

- 

- 

570,583  25 

1,663,239   18 

1824, 

- 

613,567  36 

- 

- 

- 

- 

570,583  25 

1,184,150  61 

After  1824, 

-         '          " 

~         ~         ~ 

- 

- 

- 

- 

570,583  25 

570,583  25 

Note. — After  the  year  1824,  the  three  per  cent,  stock,  amounting  to  $19,019,481,  will  still  be  due,  and  the  annual 
payment  of  the  interest,  amounting  to  $570,583  25,  continue  ever  after. 


216 


FINANCE. 


[1806. 


H. 

S  table  of  the  annual  payments  on  account  of  the  public  debt,  from  the  year  1809  to  the  year  1821,  on  the  supposition 
that  the  old  six  per  cent,  deferred,  and  three  per  cent,  stocks  shall  be  converted  into  a  new  six  per  cent,  stock, 
redeemable  within  seven  years;  and  that  the  annual  appropriation  of  eight  millions  of  dollars  shall  be  continued 
till  the  final  reimbursement  of  that  new  stock. 


Proposed  6  per  cent,  stock,  issued  in 

Louisiana  and  1796  six  per  cent. 

Total  in  each  year. 

exchang'e  for  the  old  6  per  cent. 

stocks. 

YEARS. 

deferred,  and  3 

per  cent,  stock. 

Interest. 

Principal. 

Interest. 

Principal. 

1809, 

2,370,301 

4,944,899 

684,800 

. 

8,000,000 

1810, 

2,073,607 

5,241,593 

684,800 

- 

8,000,000 

1811. 

1,759,112 

5,556,088 

684,800 

- 

8,000,000 

1812, 

1,425,747 

5,889,453 

684,800 

- 

8,000,000 

1813, 

1,072,379 

6,242,821 

684,800 

- 

8,000,000 

1814, 

697,810 

6,617,390 

684,800 

- 

8,000,000 

1815, 

225,575 

5,012,770 

684,800 

- 

5,923,151 

1816, 

- 

- 

684,800 

- 

684.800 

1817, 

_ 

- 

684,800 

- 

684.800 

1818, 

- 

- 

684,800 

2,812,500 

3,497,300 

1819, 

- 

- 

514,800 

2,892,500 

3,407,300 

1820, 

_ 

- 

340,000 

2,812,500 

3,1.52,500 

1821, 

- 

- 

170,000 

2,812,500 

(a)  2,982,500 

(a.)  The  whole  of  the  public  debt  will  then  have  been  completely  reimbursed. 


K. 

Comparative  view  of  the  annual  payments  to  be  made  on  account  of  the  principal  and  interest  of  the  public  debt, 
after  the  year  1808,  agreeably  to  the  principles  assumed  in  the  two  preceding  tables,  marked  G  and  H. 


Years. 


1809, 

1810, 

1811, 

1812, 

1813, 

1814,  -  -  - 

1815, 

1816, 

1817, 

1818, 

1819, 

1820, 

1821, 

1822, 

1823, 

1824,  -  - 

After  1824,  in  perpetuity. 


Annual  payments, 
agreeably  to  table  G. 


4,599,531 
4,599,531 
4,599,531 
4,599.531 
4,599,531 
4,599,531 
4,599,531 
4,599,531 
4,599,531 
6,424,836 
5,070,539 
4,815.739 
4,645,739 
1,603,239 
1,063,239 
1,184.151 
570,583 


Annual  payments, 
.igrecably  to  table  H. 


Th( 


8,000.000 
8,000.000 
8,000,000 
8,000,000 
8,000,000 
8,000,000 
5,923.151 

684,800 

684.800 
3,497,300 
3,407,300 
3,152,.500 
2  982,500 
wnole  debt  ex- 


tinguished. 


9th  Congress.] 


No.  256. 


[2d  Session. 


PUBLIC    DE  POSIT  ES    IN   BANKS, 

C0MMUNIC,\TED   TO  THE   HOUSE    OF   REPRESENTATIVE.S,   DECEMBER   23,    1806. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives  of  the  8th  instant, 

respectfully  reports: 

That  the  receipts  into  the  treasury  have  amounted,  during  the  year  ending  on  30th  day  of  Sep- 
tember, 1804,  to                .......  $11,574,21104 

During  the  year  ending  on  the  30th  day  of  September,  1805,  to                     .                   .                   .  13,61 1,753  96 

And  during  the  year  ending  on  the  30th  day  of  September,  1806,  to             .                   .                   .  14,975,800  53 


,161,765  .53 


1806.]  PUBLIC    DEPOSITES    IN    BANKS. 


217 


That,  of  the  above  mentioned  sums,  the  following  sums,  consisting  of  drafts  in  favor  of  individuals,  on  collectors 
and  others,  and  ot  advances  made  by  them,  have  not  passed  through  the  medium  of  banks,  viz:  ' 

During  the  year  ending  on  30th  of  Sept.  1804,  .  .  .        $655  344  58 

Do  do  do  1805,  .  .  .  508^877  76 

Do  do  do  1806,  .  .  .  468,034  47 

That  all  other  moneys  paid  into  the  treasury  during  the  above  mentioned  three  years, 
were  paid  and  deposited,  by  the  collectors  and  other  persons,  into  the  following 
banks,  viz: 
In  the  Bank  of  the  United  States,  at  Philadelphia,  and  its  several  ottices  of  dis 
count  and  deposite,  at  Boston,  New  York,  Baltimore,  Washington,  Norfolk, 
Cliarleston,  Savannah,  and  New  Orleans: 


1,632,156  81 


During  tlie  year  ending  30th  September,  1804, 
Do                  do                      do             1805, 

• 

10,391,315 
12,203,875 

50 
99 

Do                  do                      do             1806, 

. 

13,600,688 

12 

In  the  Bank  of  New  Hampshire,  during  the  year  ending  30th  September, 

1804, 

— 

36,195,879  61 
1.465  81 

Do          Hartford,                               do                      do 

do 

107   10 

Do          Albany,                                 do                      do 

do 

2,013  53 

Do          l^iovidence,                           do                      do 

do 

1  60  0''iO   00 

In  the  Roger  Williams  Bank,  R.  Island,     do                      do 

do 

62,000 

00 

Do                        do                      do                      do 

1805. 

253,500 

01 

Do                        do                      do                      do 

1806, 

190,561 

12 

506,061   13 

In  the  Bank  of  Newport,                               do                      do 

1804, 

47,365 

97 

Do                                               do                     do 

1805, 

88,900 

01 

Do                                                 do                      do 

1806, 
blished  at 

87,500 

00 

223,765  97 

In  the  office  of  discount  and  deposite  of  the  Bank  of  Pennsylvania,  esta 

Pittsburg,  during  the  year  ending  30th  September,  1804, 

225,781 

93 

Do                       do                      do                   1805, 

- 

486,825 

45 

Do                       do                      do                   1806,      - 

Sept.  1804, 

477,669 

89 

1,190,277  27 

In  the  Bank  of  Columbia,  Dist.  of  Columbia,  during  the  year  ending  30th  1 

25.952 

96 

Do                      do                                 do                                 do 

1805, 

16,400 

00 

Do                      do                                 do                                 do 

1806, 

37,296 

93 

79,649  89 

In  the  Bank  of  Alexandria,  during  the  year  ending  30th  September,  1804, 

2,913 

66 

Do                                    do                        do                        1805, 

_ 

53,374 

75 

Do                                    do                        do                        1806, 

- 

114,050 

00 

170.338  41 

• 

• 

« 

Amounting,  altogether,  to           . 

540,161,765  53 

That  the  moneys  tlius  deposited  have  been  drawn  from  time  to  time,  in  order  to  discharge  the  public  expendi- 
tures, and  have,  also,  sometimes  been  transferred,  as  the  public  service  required,  from  one  part  of  the  Union  to 
another,  and  from  one  bank  to  another;  so  that  the  balances,  actually  deposited  in  the  several  banks,  have  fluctu- 
ated from  week  to  week,  and  from  (fay  to  day;  a  circumstance  which  renders  it  impracticable,  without  great  delay 
to  give  a  precise  statement,  from  which  to  deduce  the  average  balances,  or  permanent  deposites  in  each  bank. 

That  the  annexed  table  exhibits  the  balances  which  were  actually  deposited  in  each  bank  on  tiie  last  days  of 
every  quarter  of  the  three  years  aforesaid,  being  the  days  on  which  the  treasurer's  accounts  are  periodically  settled 
by  the  accounting  officers  of  the  treasury;  but  that  the  largest  regular  payments  being  made  by  the  treasury  towards 
the  end  of  each  quarter,  it  follows,  that  the  balances,  particularly  in  the  Bank  of  the  United  States  and  its  branches 
have  generally  been  greater  than  is  there  exhibited.  ' 

And  that,  taking  thit  table  as  the  basis,  on  which  to  form  an  estimate,  it  appears  that  the  average  balances  in 
the  several  banks  in  which  public  m(meys  are  now  deposited,  which  balances  may  be  considered  as  the  permanent 
public  deposites  in  such  banks,  have,  for  each  of  the  three  years  aforesaid,  amounted  to  the  following  sums,  that  is 
to  say : 

In  the  Bank  of  the  United  States  and  its  several  branches,  as  above  mentioned: 

During  the  year  ending  30th  September,  1804,      ...                     .  $4  217,899  82 

1)^                                           ''•>                        1805,      ....  3',509'.526  46 

Do                                          do                        1806,      ....  3,821,428  23 


In  the  Pennsylvania  Bank,  and  its  branch  at  Pittsburg,  during  the  year  ending  30th  Sept.  1804,  $157,847  82 

Do  do  do  1805,  348,295  53 

Do  do  do  1806,  315,858  39 


In  the  Roger  Williams  Bank,  during  the  year  ending  30th  Sept.  1804,  ,  .  $62,000  00 

Do  do  do  1805,  .  .  84*,S84  56 

Do  do  do  1806,  ,  .  47,460  43 


In  the  Newport  Bank,  during  the  year  ending  30th  Sept.  1804,  .  .  .  $23,572  08 

Do  do  do  1805,  .  .  .  36',769  26 

Do  do  do  1806,  .  .  .  28,418  89 


In  the  Bank  of  Columbia,  during  the  year  ending  30th  Sept.  1804,       ,  .  .  $39,837  89 

Do  do  do  1805.        .  ,  .  28'951  89 

Do  do  do  1806,        .  .  .  37.862  34 


In  the  Bank  of  Alexandria,  during  the  year  ending  30th  Sept.  1804,  .  .  $13,030  13 

Do                            do                                  do                    1805,  .  ,  11,298  44 

Do                            do                                   do                    1806,  .  .  39,716  85 

All  which  is  respectfullv  submitted. 


Treastjry  Departmknt,  December  19,  1806. 


ALBERT  GALLATIN,  Secretary  of  the  Treamry. 


218 


FINANCE. 


[1806. 


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180r.]  STATE    OF    THE    FINANCES.  219 


9th  Congress.]  ^^^    257.  [2d  Session. 


DIRECT   TAX. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    DECEMBER  31,    1806. 

The  Secretary  of  the  Treasury,  in  obedience  to  tlie  resolution  of  the  House  of  Representatives  of  the  18th  instant, 

respectfully  reports: 

That  the  annexed  statement  of  the  situation  of  the  direct  tax  shews  the  quotas  assigned  to  each  State,  the  sums 
actually  received  into  the  treasury,  and  the  respective  amounts  paid  for  expenses  and  losses,  or  of  outstandin<'  tax. 
so  far  as  tiie  same  has  been  ascertained. 

That  1,664,066  dollars  and  33  cents  had  been  paid  into  the  treasury,  prior  to  the  30th  day  of  September  last. 

That  the  expenses  of  collection,  so  f;ir  as  accounts  have  been  rendered,  amount  to  about  120,000  dollars,  and 
that,  estimating  the  expenses  incurred  in  the  States  of  Pennsylvania,  South  Carolina,  (Georgia,  and  Kentucky,  which 
are  not  yet  ascertained,  at  40,000  dollars,  there  is  still  a  nominal  outstanding  balance  of  near  176.000  dollars;  which 
balance  is  liable  to  considerable  deductions,  partly  on  account  of  the  delinquencies  of  some  of  the  officers  employed 
in  the  collection,  but  principally  because  they  have  been  unable  to  sell  a  number  of  lots  or  tracts  of  land  which  had 
been  returned  in  the  assessment  and  cannot  be  found. 

All  which  is  respectfully  submitted, 

ALBERT  GALLATIN. 

Treasury  Department,  29th  December^  1806. 


220 


FINANCE. 


[1806. 


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S.^      2 

1807.1  SALT    TAX    AND    THE    MEDITERRANEAN    FUND.  221 


9th  Congress.]  No^  258.  [--^tl  Session. 


SALT  TAX  AND  THE  MEDITERRANEAN  FUND. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  7,  1807. 

Committee  Room,  December  12,  1806. 
Sir: 

The  Committee  of  Ways  and  Means,  to  whom  has  been  referred  tliat  part  of  the  message  of  the  President  of 
the  United  States,  of  the  2d  instant,  wliicli  suggests  the  expediency  of  abolishing  the  duties  on  salt,  and  of  continuing, 
for  a  limited  time,  those  duties,  the  proceeds  of  which  constitute  the  Mediterranean  fund,  have  instructed  me  to 
request  that  you  will  furnish  them  with  such  intbnnaticm,  in  possession  of  the  Treasury  Department,  as  you  may 
deem  connected  with  the  subject. 

I  am,  sir,  with  very  high  respect,  yours, 

JOHN  RANDOLPH. 
The  Secretary  of  the  Treasury. 

Treasury  Department,  December  18,  1806. 
Sir: 

I  had  the  honor  to  receive  your  letter  of  the  12th  instant,  requesting  such  information  as  I  might  deem  con- 
nected with  the  proposition  for  abolishing  the  duty  on  salt,  and  for  continuing,  for  a  limited  time,  the  duties  which 
constitute  the  Mediterranean  fund. 

An  examination  of  the  report  made  on  the  5th  instant,  in  obedience  to  the  pro\isions  of  the  act,  supplementary 
to  the  act  to  establish  the  Treasury  Department,  will  show,  that,  if  no  other  expenses  whatever  shall  be  incurred, 
but  such  as  are  already  actually  authorized  by  law,  neither  the  salt  tax,  nor  the  Mediterranean  fund,  are,  any  longer, 
wanted.  The  propriety  of  continuing  the  last  mentioned  fund  lor  a  limited  time,  must  be  decided  by  considt'ra- 
tions  connected  with  the  political  situation  of  the  United  States:  for  it  is  only  to  provide  for  the  speedy  payment 
of  any  contemplated  acquisition  of  territory,  without  creating  a  new  debt,  or  in  case  of  war.  that  the  hind  can  be 
wanted.  Under  existing  circumstances,  I  should  think  it  consistent  with  prudence  to  continue  it  for  one  year 
longer. 

As  to  the  duty  on  salt,  the  only  additional  information  which  appears  connected  with  the  subject,  is  what  relates 
to  the  allowance  heretofore  made  to  vessels  employed  in  the  cod  hshery:  for  this,  perhaps,  exceeds  the  duties  paid 
on  the  importation  of  the  salt  employed  in  curing  the  fish. 

The  allowance  has  amounted — 

For  the  year  1803,  to            ------....-  $117,174 

For  the  year  1804,  to           ----..-....  145,987 

For  the  year  1805,  to           -            -            •            ---..-.-  152,928 

Quintals. 

The  quantity  of  dried  American  fish  exported  during  the  year  ending  on  the  30th  September,  1803,  to  461,870 

For  the  year  ending  on  30th  September,  1804,  to            -            -        "  -            -            -            --            -  567,825 

And  for  the  year  ending  30th  September,  1805,  to             .-..--.  514,549 

But  the  quantity  offish  of  that  description,  consumed  within  the  United  States,  is  not  known. 

The  bounty  paid  on  the  exportation  of  pickled  fish,  pork,  and  beef,  is  said  to  be  no  more  than  the  duty  on  the  salt 
used  in  curing  the  same. 

Should  there  be  any  points  on  which  further  elucidations  are  wanted,  and  the  committee  will  be  pleased  to  desig- 
nate what  they  are,  their  directions  will  be  immediately  attended  to. 

I  have  the  honor  to  be.  very  respectfully,  sir,  your  obedient  servant. 

ALBERT  GALLATIN. 
Hon.  John  Randolph,  Chairman  of  the  Committee  of  JVays  ami  Mecms. 


Treasury  Department,  January  3,  1807. 

I  have  the  honor  to  enclose  a  statement  of  the  quantity  ot  salt  imported  into  the  several  ports  ot  the  United 
States,  and  exported  therefrom  to  foreign  countries,  during  the  year  ending  on  the  30th  day  of  September,  1805. 
I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  John  Randolph,  Chairman  of  the  Committee  of  fVays  and  Means. 


^  ft 


222 


FINANCE. 


[1807. 


.i  Statement  showing  the  quantity  of  Salt  imported  into  the  several  ports  of  the  United  States,  and  exported  there- 
from, during  the  year  ending  on  the  30th  September,  1805. 


Ports. 

Imported. 

Exported. 

Ports. 

Imported. 

Exported. 

Bushels. 

Bushels. 

Bushels. 

Bushels. 

Portsmouth, 

66,686 

Sagg  Harbor, 

5,200 

Vermont,        .            -            - 

5,958 

New  York, 

742,075 

Neuburyport, 
Gloucester, 

133,805 

Perth  Amboy, 

989 

21,306 

Philadelphia, 
Presqu'  Isle, 

155,073 

1,554 

Salem,             .            .            _ 

53,884 

2,882 

20 

Marblehead, 

49,219 

833 

Baltimore, 

169,292 

Boston,          -            -            - 

641,753 

4,411 

Georgetown,  (Columbia)     - 

3,378 

Plymouth,      -            -            - 
Barnstable, 

25,748 

Alexandria, 

47,615 

14,729 

Norfolk,       - 

296,040 

Nantucket, 

24,640 

Petersburg, 

27,653 

New  Bedford, 

55,925 

Richmond, 

9,323 

Dighton,         -           -           . 

14,041 

■ 

Tappahannock, 

7,184 

York, 

7,706 

Folly  Landing, 

257 

Biddeford,      - 

3,445 

Wilmington,  (N.  Carolina) 

88,919 

Kennebunk, 

14,364 

Newbern,     - 

13,125 

Portland, 

243,897 

2,113 

Washington, 

22,115 

Bath,               -            -            - 

14,495 

Edenton, 

24,937 

"Wiscasset,     -            -            - 

13,420 

Camden,       -            -            - 

1,401 

Waldoborough, 

11,028 

Beautort,  (North  Carolina) 

706 

Penobscot,      -           -            - 

10,022 

Georgetown,  (S.  Carolina) 

17,753 

Frenchman's  Bay,     - 

1,200 

Charleston, 

127,280 

517 

Passamaquoddy, 

657 

Savannah, 

72,371 

Newport, 

40,493 

6 

St.  Mary's, 

366 

Bristol, 

6,850 

Miami, 

34 

Providence. 

73,439 

1,084 

Detroit. 

13 

New  London, 

92,405 

222 

Michillimackinack, 

127 

Middletown, 

39,229 

New  Orleans, 

42,914 

40 

Nesv  Haven, 

48,099 
22,002 

Mobile. 

7 

Fairfield, 

Champlain, 

2,186 
23,478 

1,882 

Total  bushels. 

3,652,276 

15,544 

Hudson, 

Trkasurv  Department,  Begister^s  Office,  January  2d,  1806. 


9th  Congress.] 


No.  259. 


[2d  Session. 


SiK 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  8,  1807. 

Treasury  Department,  January  6,  1807. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  parsed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  tlierefrom,  during  the  years  1803,  1804,  and  1805. 

I  have  the  honor  to  be.  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Tiie  Hon.  the  Speaker  of  the  House  of  Representatives. 


Ji  Stutemenl  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1803,  1804,  and  \805,  compared  ivith  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN  TUE  TEAll    1803. 

IN-  THE   TKAB    1804. 

IX    THE   TEAR   1805. 

SPECIES  OI-  MEKCUAXnlSE. 

Duties 

Drawback 

DiitifS 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Vlei'cliaiurise — 

Dollars 

Dcillars. 

Dollars. 

Uiillars. 

Dollars. 

Dollars. 

Pmini^:'.  dulv  of  12^  per  cent,  ad  ml. 
Do         '       13f           do 

3,399,781 
185,568 

243,765 
24,757 

1,794,697 

64,427 

308,011 
29,790 

~ 

42,239 
2,410 

Do                15              do 

1,104,355 

25,005 

3,374,397 

247,857 

5,792,800 

834,456 

Do               15i            do 

- 

- 

40 

Do                16i            do 

68,634 

4,216 

223,422 

56,897 

338,539 

151,949 

Do                17^            do 

_ 

- 

678,035 

27,053 

1,339,132 

109,881 

Do                19i            do 

— 

_ 

41,151 

8,284 

72,046 

18,292 

Do              20             do 

67,857 

1,309 

32,986 

2,850 

- 

18 

Do               22             do 

13,126 

870 

4,060 

748 

Do              22i           do 

_ 

_ 

49,048 

1,525 

86,419 

8,190 

Do               24i            do 

_ 

- 

11,083 

342 

16,103 

1,274 

Wines,  Madeira,         -             -             ~ 

196,857 

19,934 

238,982 

29,952 

171,592 

48,194 

Burgundy  and  Champaigne,  - 
Slierry  and  St.  Lucar, 
Claret,            -             -             - 

1,868 

138 

862 

65 

2,556 

732 

131,358 

5,221 

225,888 

4,153 

130,339 

8,696 

- 

61,992 

32,027 

86,086 

58,745 

Lisbon,  Oporto,  &c.  - 

52,619 

1,410 

77,921 

1,371 

90,148 

1,396 

TeneriflTe,  Fayal,  &c. 

120,849 

1,837 

135,692 

2,030 

289,824 

57,078 

All  other,     -            -            - 

246,398 

104,119 

729,615 

425,287 

956,983 

699,368 

1807.] 


DUTIES  AND  DRAWBACKS. 


223 


STATEMENT-Continued. 


IN    THE  TEAR    1803. 

IX  TllK   YEAH    1804. 

IN  THE  TEAR    1805. 

SPECIES  OF  MERCHAtTDlSE. 

Duties 

Drawback 

Duties 

Drawback. 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Spirits,  distilled  fiom  gi'ain,    -             - 

361,802 

19,715 

422,002 

85,354 

178,881 

54,425 

Do             from  otiier  materials, 
Do            from  domestic  do.     - 

2,367,804 

84,961 

2,987,528 
8 

248,572 

2,545,499 
94 

402,661 

Molasses,       _             _              _              _ 

303,584 

629 

328,412 

1,579 

465,645 

1,200 

Beer,  Ale,  and  Pi.rter, 

14,919 

201 

10,039 

376 

21,5.;4 

4,544 

Tea,  Bohea,                 _             _             _ 

453,351 

216,337 

58,378 

6,753 

63,565 

7,889 
159,849 

Souchoni::,            -             _             _ 

134,792 

90,854 

293,262 

124,540 

371,655 

Hyson,  &.C.          -             _             _ 

96,591 

13,369 

179,433 

37,357 

234,088 

77,565 

Other  Green,     -              -             - 

245,517 

85,809 

145,611 

16,195 

359,442 

101,673 
1,992,982 

Coffee,           _             _             -              _ 

948,672 

499,251 

3,001,066 

2,601,646 

2,345,853 

Cocoa,            _              _             _             _ 

22,664 

11,755 

26,511 

11,213 

122,277 

74,968 

Cliocolate,     -             _             -             _ 

46 

- 

42 

1 

132 

\ 

Sugar,  Brown,            _             _              _ 

1,969,256 

709,499 

2,990,008 

1,586,751 

4,152,366 

2,550,880 

White  Clayed, 

245,587 

150,639 

299,482 

253,052 

1,245,284 

924,913 

Loaf  and  Candy,           -              - 

525 

551 

- 

5,507 

5,154 

Other  refined, 

47 

- 

13 

- 

15 

Almonds,       _             _             -             _ 

- 

- 

1,182 

113 

3,548 

603 

Currants,        _             _             _              - 

- 

- 

251 

- 

828 

Prunes  and  Plums,     -             -              - 

- 

- 

2,005 

352 

4,501 

1,062 

Figs,               -              _             _              _ 

- 

- 

148 

- 

5,062 

523 

Raisins,  in  jars  and  boxes,       -             - 

- 

- 

2,911 

58 

21,468 

4,153 

Do     all  other,         -             -              _ 

- 

- 

190 

- 

31,210 

1,387 

Candles,  Tallow,        _             _              _ 

548 

117 

890 

546 

3,218 

1,286 

Wax,            _             _             _ 

185 

75 

347 

90 

252 

97 

Cheese,         _             _             _             _ 

9,331 

4,309 

16,835 

7,681 

o2,7S5 

26,266 

Soap,             _             _             _             _ 

3,837 

2,981 

27,283 

15,444 

33,025 

27,504 

Tallow,          _             _             _             _ 

- 

- 

5,935 

- 

7,737 

536 

Spices,  Mace,              -              _              _ 

- 

- 

896 

11 

14,094 

1,388 

Nutmegs,      _             -             - 

- 

- 

4,667 

112 

14,702 

1,536 

Cinnamon,     -             -             _ 

- 

- 

621 

- 

4,061 

1,036 

Cloves,           _             _             _ 

- 

- 

2,632 

1,742 

13,363 

3,593 

Pepper,         -             _              _ 

244,673 

130,246 

374,521 

343,595 

247,204 

271,896 

Pimento,       -             -             _ 

35,034 

14,042 

22,727 

17,942 

5,531 

4,783 

Cliinese  Cassia,            -             - 

- 

- 

2,169 

57i 

15,470 

11,999 

Tobacco,       _             _             -             _ 

12,741 

60 

4,688 

202 

404 

125 

Snuff,             _             _             -              _ 

2,125 

1,633 

2,236 

772 

1,366 

686 

Indigo,           _             -             -              _ 

37,321 

3,532 

76,060 

39,774 

118,886 

92,763 

Cotton,          -             -             -              - 

98,692 

85,028 

83,483 

81,815 

75,488 

69,372 

Powder,  Hair,             _             _             _ 

- 

- 

34 

14 

274 

28 

Gun,             -             -             - 

- 

- 

11,891 

1,529 

27,540 

1,286 

Starcli,           -             -             _             _ 

- 

- 

148 

6 

292 

19 

Glue,              _             _             _             _ 

- 

- 

714 

- 

1,507 

171 

Pewter  Plates  and  Dishes,     - 

— 

_ 

1,965 

_ 

2,726 

Anchors  and  Sheet  Iron, 

- 

_ 

4,180 

_ 

11,171 

Hoop  and  Slit  Iron,                  -              - 

- 

- 

154 

- 

2,019 

272 

Nails,              -             -             -             _ 

74,593 

3,063 

83,309 

6,683 

83,516 

12,845 

Spikes,          _             _             _             _ 

3,485 

32 

2,795 

34 

4,736 

158 

Quicksilver,  -             -             -             _ 

_ 

_ 

136 

_ 

5,575 

61 

Paint,  Ocrc,  Yellow,  in  Oil,    - 

- 

- 

262 

6 

5,75 

40 

Dry  Yellow,    -             -             - 

- 

- 

1,568 

104 

1.831 

67 

Spanisli  Brown,             -              _ 

- 

_ 

1,433 

_ 

6,842 

11 

White  and  Red  Lead, 

- 

- 

18,109 

50,7 

43,530 

317 

Lend,  and  manufactures  of,     -             _ 

26,975 

696 

38,646 

777 

45,607 

443 

Seines,           _            -             _             _ 

- 

- 

163 

_ 

194 

Cordage,  Tarred,       -             -             _ 

15,248 

771 

10,234 

4,175 

17,434 

1,268 

Do.       Untarred,  and  Yarn, 

2,350 

- 

2,989 

18 

1,601 

63 

Cables,          -             _             _             _ 

2,839 

- 

1,182 

87 

1,256 

Steel,             -             -             -             _ 

7,811 

48 

10,198 

- 

10,274 

498 

Hemp,           -             -             -             _ 

123,217 

- 

81,358 

_ 

115,946 

Twine  and  Pack-thread,         -             - 

7,940 

11 

11,012 

333 

12,793 

366 

Glauber  Salts,            -             -             _ 

2,388 

4 

1,360 

5 

896 

Salt,                -             -             -             _ 

721,355 

4,561 

686,799 

5,992 

765,804 

2,413 

Coal,              _             _             _             _ 

21,957 

298 

14,063 

_ 

25,810 

204 

Fish,  Dried,  -            -             _             _ 

_ 

_ 

19,855 

_ 

77,800 

Pickled,  Salmon, 

- 

- 

5,266 

— 

7,505 

Mackerel,           -             -             _ 

- 

- 

4,971 

_ 

6,708 

All  other,           -             -              _ 

- 

- 

2,519 

— 

4,602 

Glass,  Bottles,              -             _             _ 

- 

- 

5,681 

685 

12,992 

3,525 

Window,           -              -              _ 

- 

- 

15,778 

224 

53,031 

281 

Cigars,           -             -             -             _ 

- 

- 

13,054 

4 

34,274 

885 

Lime,             -             -             -             - 

- 

- 

130 

_ 

305 

Boots,             -             -             -             - 

3,534 

145 

2,861 

o  1  .-> 

1,984 

131 

Shoes  and  Slippers  of  Silk,                  - 

996 

360 

1,438 

244 

3,805 

1,420 

Do.   all  other,         -             -              - 

9,067 

329 

9,593 

1,874 

10,260 

4,742 

Cards,  Wool  and  Cotton, 

5 

_ 

24 

5 

Do.  Playing,           -             -            - 

1,620 

1,347 

992 

185 

3,537 

Dollars, 

14,227,778 

2,569.813 

20,186,185 

6,686,483 

23,545,114 

8,955,745 

Teeasubt  Depaetmist,  Register's  Office,  January  6,    1807. 


JOSEPH  NOURSE,  Register. 


224  ^  FINANCE.  [1807. 


9lh  Congress.]  No.    260.  [2d  Session. 


DRAWBACK. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  21,    1807. 

Mr.  Early,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Gideon 

Lamson,  made  the  following  report: 

The  ship  Doris,  of  which  the  petitioner  was  owner,  received  on  board,  at  Philadelphia,  in  the  month  of  June  last, 
a  quantity  of  sugar  and  coffee,  intended  to  be  shipped  to  Antwerp,  for  the  benefit  of  drawback.  Before  the  whole 
of  the  intended  cargo  had  been  put  on  board,  it  was  discovered  that  the  vessel  had  made  considerable  water, 
and  the  sugar  and  coffee  she  had  received  were  relanded.  The  sugar  was  damaged  seventy -five  per  cent.,  and  by 
the  exporter,  was  thrown  upon  the  hands  of  the  owner  of  the  ship.  It  does  not  appear  that  the  misfortune  arose 
from  any  want  of  care  or  attention.  On  the  contrary,  the  vessel  had,  immediately  before  she  began  to  receive  her 
load,  been  examined  by  a  person  of  competent  skill,  and  pronounced  free  from  defect. 

The  memorialist  prays,  upon  these  facts,  that  the  debenture  on  the  sugar  may  be  allowed  him,  or  that  such  other 
relief  may  be  afforded,  as  Congress  may  consider  just  and  proper. 

Tlie  committee  know  of  no  principle  heretofore  recognized  by  Congress,  which  would  authorize  a  compliance 
with  this  application.  To  allow  the  debenture  when  the  sugar  has  not  been  export(?d  from  the  United  States,  would 
be,  in  the  highest  degree,  preposterous.  To  afford  relief,  in  any  way.  would  be  to  make  the  Government  of  the 
United  States  insurers  against  individual  losses.     The  committee,  therefore,  submit  the  following  resolution: 

ResolvecL  That  the  prayer  of  the  petition  of  Gideon  Lamson  ought  not  to  be  granted. 


9th  Congress.]  No.  261.  [2d  Session. 


MINT. 

communicated  to   the    senate,  JANUARY   29,    1807. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

I  communicate,  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operations 
of  that  establishment  during  the  last  year. 

TH:  JEFFERSON. 
January  27,  1807. 

Mint  of  the  United  States,  January  1st,  1807. 

Sir: 

At  the  commencement  of  the  present  year,  I  have  the  honor  ot  laying  before  you,  a  report  of  the  operations 
of  the  mint  during  the  last  year. 

From  the  treasurer's  annual  statement  it  will  appear  that,  during  this  period,  there  have  been  struck  at  the  mint, 
gold  coins  to  the  amount  of  three  hundred  and  twenty -four  thousand  five  hundred  and  five  dollars,  and  silver  coins 
to  the  amount  of  four  hundred  and  seventy-one  thousand  three  hundred  and  nineteen  dollars;  making  the  total 
amount  seven  hundred  and  ninety  five  thousand  eight  hundred  ;.iid  twenty-four  doUai's,  and  the  number  of  pieces 
one  million  one  hundred  and  eleven  thousand  four  hundred  and  nine. 

By  comparing  this  year's  coinage  of  the  precious  metals  with  that  of  the  ten  preceding  years,  the  time  that  the 
mint  had  been  in  full  operation,  it  will  appear  that,  though  the  expense  has  been  comparatively  moderate,  yet  the 
amount  struck  is  nearly  double  the  average  annual  amount  during  that  period,  and  the  number  of  pieces,  (the  most 
accurate  measure  of  the  quantity  of  labor)  considerably  more  than  quadruple. 

This  favorable  circumstance  may,  in  a  great  measure,  be  ascribed  to  the  regular  supply  of  bullion,  furnished 
chiefly  by  the  Bank  of  the  United  States  and  the  Bank  of  Pennsylvania.  Nor  is  tliere  any  doubt  of  a  like  supply 
during  the  current  year. 

It  will  be  observed  that  but  little  has  been  done  in  the  coinage  of  copper  duiing  the  last  year.  This  was  owing 
to  the  cent  press  requiring  a  new  screw  and  other  repairs,  which  it  was  not  easy  to  procure,  and  besides,  it  was  but 
seldom  that  a  hand  could  be  spared,  for  this  purpose,  from  the  more  urgent  business  of  the  mint. 

Arrangements  are,  however,  now  made  for  carrying  on  this  coinage  during  the  present  year,  which,  it  is  hoped, 
will  fully  supply  all  current  demands  for  this  species  of  coin. 

1  have  the  honor  to  be,  with  sentiments  of  the  most  perfect  esteem,  your  obedient  servant, 

R.  PATTERSON. 

Thomas  Jefferson,  President  of  the  United  States. 


1807.] 


THE    MINT. 


225 


A  Statement  of  the  Coins  struck  at  the  Mnt  of  the  United  States,  from  the  1st  January  to  the  31.?/  December,  180G. 

inchesivc,  viz: 


^ 

GOLD  COINS. 

Amount  in 
Dollars. 

Half  Eagles. 

Quarter  Eagles. 

TOTAL. 

Quarter  ending  in  March,    -            -            -            . 
June,        -            -            -           - 
September.           .            .            . 
December,           .            -            - 

5,930 

3,746 

36,759 

17,658 

1,616 

33,690 

18,730 

183,795 

88,290 

65,709  pieces  of  gold  coins,          .            -            - 

64,093 

1,616 

$324,505 

69,195 
145.370 
119,646 
137,108 

SILVER  COINS. 

Half  Dollars. 

Quarter  Dollars. 

Quarter  ending  in  March,     -           -            -            - 
June,        -            .            -            . 
September,          .            .            . 
December, 

138,390 
190.740 
236,230 
274,216 

200,000 
6,124 

1,045,700  pieces  of  silver  coins,    - 

839,576 

206,124 

,     ,-    .|             •    ^ 

471,319 

3,410 
70 

895 

885 

COPPER  COINS. 

Cents. 

Half  Cents. 

Quarter  ending  in  March,     -            -            -            - 
June,        -            -            -            - 
September, 
December, 

341,000 
7,000 

179,000 
177,000 

704,000  pieces  of  copper  coins.     - 

348,000 

356,000 

Total  amoun 

5.260 

1,815,409  pieces  of  coins.     Amount  of  all  the  coins  struck  in  1806, 

801,084 

Mint  of  the  United  vStates,  Treasurer's  Office,  Philadelphia,  3lst  December,  1806. 

BENJAMIN  RUSH. 


An  Abstract  of  the  Expenditures  of  the  Mint  of  the  United  States,  from  the  1st  January  to  the  31s/  December, 

1806,  viz: 


Quarter  ending  in  March, 
June, 

September, 
December, 


Salaries. 


Wages. 


2,650 
2,650 
2,650 
2,650 


1,376  91 
1,568  05 
1,632  68 
1,772  11 


10,600     ;        6,349  75 


Incidental. 


445  98 

823  37 

386  33 

1,024  27 


2,679  95 


Amount, 


Totals. 


4.472  89 
5.041  42 
4,669  01 
5,446  38 


$19,629  70 


Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  31st  December,  1806. 

BENJAMIN  RUSH. 


226  FINANCE.  [1807 


9th  Congress.]  -  No.  262.  [2d  Session. 


INDEMNITY   TO   COLLECTORS. 

,  COMMUNICATED  TO  THE  HOUSE  OF  KEPRBSENTATIVES,  FEBUUARY  4,  1807. 

j  Treasury  Department,  January  22,  1807. 

Sir! 

I  have  Ihe  honor  to  transmit  copies  of  (he  vouchers  sent  by  Mr.  Gelston  to  the  Comptroller's  office,  and  esta- 
blishing the  facts  stated  in  his  petition  that  he  had  paid  $9,974  62,  recovered  from  him  in  two  suits  instituted  against 
him  for  damages  arising  from  a  seizure  made  by  liim,  as  collector,  of  two  vessels  which  were  presumed  to  be  owned 
by  foreigners,  though  sailing  under  American  registers.  Although  the  proofs  were  not  sufficient  to  obtain  a  condem- 
nation of  the  vessels,  the  circumstances  were  such  as  did  justify  the  attempt.  But  tiie  accounting  officers  had  no 
authority  to  allow  to  the  collector  the  amount  of  damages  recovered;  and  the  hardship  of  the  case  consists  particu- 
larly in  that,  in  case  of  condemnation,  the  United  States  would  have  received  one  half  of  the  nett  proceeds  of  the 
forfeiture,  and  the  collector  one  sixth  part  of  the  same;  whilst,  in  case  of  acquittal  and  subsequent  damages,  the 
whole  falls  on  the  collector  who  has  made  the  seizure. 

Whatever  may  be  the  determination  of  Congress  in  this  case,  it  appears  proper  that  some  general  provision  may 
be  adopted,  which,  without  injuring  the  citizens,  may  protect  the  collectors,  and  ultimately  the  United  States, 
against  actions  of  this  kind,  when  the  seizure  shall  appear  to  have  been  made  on  reasonable  grounds. 

It  isprovided  by  the  89th  section  of  the  act  to  regulate  the  collection  of  duties  on  imports  and  tonnage,  that,  "  when 
any  prosecution  shall  be  commenced  onaccountof  the  seizure  of  any  shipor  vessel,  goods,  wares,  or  merchandise,  and 
judgment  shall  be  given  for  the  claimant  or  claimants,  if  it  shall  appear  to  the  court  before  whom  such  prosecution 
shall  be  tried,  that  there  was  a  reasonable  cause  of  seizure,  the  said  court  shall  cause  a  proper  certificate  or  entry 
to  be  made  thereof,  and,  in  such  case,  the  claimant  or  claimants  shall  not  be  entitled  to  costs,  nor  shall  the  person 
who  made  the  seizure.  ()r  the  prosecutor,  be  liable  to  action,  suit,  or  judgment,  (m  account  of  such  seizure  and 
prosecution."  But  this  provision  extends  only  to  revenue  cases  arising  under  the  act,  and  applies  neither  to  the 
registering  act,  nor  to  the  acts  prohibiting  (he  slave  trade,  nor  to  the  acts  prohibiting  the  intercourse  with  St.  Do- 
mingo, or  (he  importation  of  certain  goods  from  (he  dominions  of  Great  Britain.  It  necessarily  results  that  the 
execution  of  those  laws  is  not  enforced  as  it  ought  to  be;  and  that,  principally  since  the  damages  recovered  in  the 
case  now  under  consideration  have  been  known,  collectors  cannot  be  expected  to  make  seizures  at  the  risk,  perhaps, 
of  the  whole  amount  of  their  property,  even  in  cases  where  circumstances  are  extremely  suspicious,  and  it  is  ex- 
pected that  a  legal  investigation  will  lead  to  a  full  discovery.  The  same  will  iiappen  in  cases  where  the  law  is  not 
perfectly  clear,  and  where  a  judicial  decision  is  in  fact  necessary  to  fix  its  meaning. 

If  the  provision  abovementioned  be  proper  in  revenue  cases,  it  cannot  be  improper  in  the  cases  arising  under  the 
registering  act,  or  under  any  other  law  which  au(horizes  a  seizure.  If  (he  collector  dares  to  seize  without  rea- 
sonable cause,  (he  court  will  refuse  a  certificate,  and  the  party  will  recover  damages,  vvhich,  in  such  case.  Congress 
never  can  be  called  upon  to  refund.  But,  unless  the  provision  be  thus  extended,  either  the  collectors  must  be 
assured  (hat  Congress  will  always  indemnify  them,  or  the  laws  will  remain  in  a  great  degi;ee  unexecuted,  and  those 
provisions,  particularly,  which  were  intended  to  protect  the  American  flag,  be  materially  impaired. 
I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIIS. 
Honorable  Peter  Eakly,  Chairman  of  the  Committee  of  Commerce  and  Manufactures. 


9th  Congress.]  No.  263.  [2d    Session. 

'  COLLECTION    DISTRICTS, 

communicated   to   the    house  of  representatives,  FEBRUARY  4,  1807. 

Mr.  Early,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  were  referred  the  petition  of  sundry 
inhabitants  of  the  towns  of  Stonington  and  Groton,  in  the  State  of  Connecticut,  and  the  petition  of  sundry  in- 
habitants of  Pawcatuck,  in  the  State  of  Rhode  Island,  made  the  following  report: 

The  petitioners  pray  that  a  new  collection  district  may  be  formed,  to  incliide  Stonington  and  Groton,  in  the 
State  of  Connecticut,  and  Pawcatuck,  in  the  State  of  Rhode  Island,  together  with  certain  shores  and  waters  adja- 
cent; and  that  Stonington  may  be  made  the  port  of  entry  thereof. 

This  is  an  application  which,  if  granted,  will  lead  to  an  invasion  of  a  principle  in  the  arrangement  of  the  collec- 
tion districts  ot  the  United  States,  heretofore  so  tenaciously  adhered  to  that  but  a  single  exception  has  ever  been 
made  to  it.  The  principle  is  to  avoid  forming  a  district  out  of  dlflTerent  States.  The  exception  is  in  the  annexation 
of  the  towns  of  Kittery  and  Berwick,  in  the  State  of  Massachusetts,  to  the  district  of  Portsmouth,  in  the  State  of 
New  Hampshire,  leaving,  however,  vessels  bound  to  the  former  places  the  option  of  making  their  entry  at  York,  the 
nearest  port  of  entry  in  the  former  State.  Such  an  option  will  be  indispensable  in  every  case  of  the  kind,  to  avoid 
an  infraction  of  that  provision  in  the  constitution,  which  declares  that  vessels  bound  to  or  from  one  State,  shall  not 
be  obliged  to  enter,  clear,  or  pay  duties  in  another;  and  the  necessity  for  such  an  option  it  is,  that  raises,  in  the 
opinion  of  the  committee,  an  insuperable  objection  to  the  present  application,  as  being  embarrassing  to  the  officers 
and  hazardous  to  the  security  of  the  revenue. 

The  committee  have  not  been  able  to  discover  tiie  reasons  which  dictated  the  arrangement  in  the  solitary  case 
abovementioned,  but  they  cannot  consider  it  otherwise  than  a  dangerous  precedent.  They  submit  the  following 
resolution: 

Resolved,  That  the  prayer  of  the  memorialists  ought  not  to  be  granted. 


1807.]  THE   SINKING   FUND.  22" 


9th  Congress.]  ^S^q    964.  [2d  Se 


SSION. 


SINKING    FUND. 

COMMUNICATED    TO    THE    SENATE,    FEBRIARY    5,    1807. 

The  Commissioners  of  the  Sinlving  Fund  respectfully  report  to  Congress  as  follows: 
That  the  measures  which  have  been  authori/A'd  by  the  Board,  subsefjuent  to  tlieir  report  of  the  5th  of  February, 
1806.  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury  to  this  Board,  dated  tlu  fourth  day  of  the  i)re- 
sent  month,  and  in  the  statements  therein  referred  to.  which  are  herewith  transmitted,  and  prayed  to  be  received  as 
part  of  this  report. 

GEO.  CLINTON.  Frc.si,knt  oflhc  Senate. 
J.  MARSHALL,  ClikfJuslkr  of  the  United  Slulcs. 
JAMES  MADISON.  Sen-elary  of  Stole. 
ALBERT  GALLATIN,  Sen'etanj  of  the  Treamn/. 
C.  A.  RODNEY,  .ittorupy  General. 
AVashington,  February  5,  1807. 

The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  remaining  unexpended  at  (he  close  of  the  year  1804.  and  applicable  to  payments 
failing  due  after  that  year,  which  balance,  as  appears  by  the  statement  B,  annexed  to  the  last 
annual  report,  amounted  to  two  millions  three  hundred  and  sixteen  thousand  iinie  hundred  and 
seventy-five  dollars  and  fourteen  cents,         --------    $-3,316,973  1 } 

Together  with  the  disbursements  made  during  the  year  ISO"),  out  of  the  treasury,  on  account  of  the 
principal  and  interest  of  the  public  debt,  which  disbursements,  as  appears  by  the  statement  C. 
annexed  to  the  last  annual  report,  amounted  to  seven  millions  three  hundred  and  twenty-eight 
thousand  five  hundred  and  nine  dollars  and  seven  cents,  -  -  -  -  -     7,328, .)09  07 

And  with  a  further  sum,  arising  from  profit  on  the  remittances  from  America  to  Europe,  purchased 
in  the  year  1805,  which  profit,  as  appears  by  the  statement  D.  annexed  to  die  last  annual  re^iort, 
amounted  to  one  hundred  and  seventeen  thousand  one  hundred  and  thirty-seven  dollars  and  htty- 
t wo  cents.        -  -  •■  -  -  -  -  -  •■  -  -  -         117. 137  52 


And  amounting,  altogether,  to  nine  millions  seven  hundred  and  sixty-two  thousand  six  hundred  aiul 

twenty-one  dollars  and  seventy-three  cents,  ----....  S9.762.C21  73 

Have  been  accounted  for  in  the  following  manner,  viz: 

1.  Thei'e  was  repaid  into  the  treasury  during  the  year  1805.  on  account  of  the  principal  of  protested 
bills,  and  of  advances  made  to  commissioners  of  loans,  as  appears  by  the  statement  E.  annexed  to 
the  last  annual  report,  a  sum  of  sixty- six  thousand  seven  hundred  and  three  dollars  and  two  cents.  66.703  02 

H.  The  sums  actually  applied  during  the  same  year,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  treasury  depaitment,  amount,  as  will 
appear  by  statement  A,  to  eight  millions  forty  eight  tliousand  four  hundie;l  and  forty-two  dol- 
lai's  and  eighty-two  cents: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  -  -  $3,905,169  25 

2.  Paid  on  account  of  the  interest  and  charges  on  the  same,       -  -  1,143,273; 


8,048,112,82 


III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1805^,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B.  to  one  million  six  hundred  and  forty-seven  thou- 
saud  four  hundred  and  seventy-five  dollars  and  eighty-nine  cents.  -  .  .  .      1,647,475  89 


89,762.621 


Tluit.  during  the  year  1806.  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  princi- 
pal and  interest  of  the  public  debt,  viz.: 
!.  On  account  of  the  reimbursement  and  interest  of  the  domestic  debt.  -  -  -  .    $7,136.368  03 

II.  On  account  of  the  domestic  unfunded  debt.  -...-..  .^19  Qy 

HI.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  and  of  the  interest  on  the  Louisiana 

stock,  ............      1.311.389  78 


Amounting,  altogethei-,  as  will  appear  by  the  annexed  list  of  warrants  C,  to  eight  millions  uiue  hun- 
dred and  forty-eight  thousand  and  six  dollars  and  ninety  cents,       -----   SS. 948.006  90 


Which  disbursements  were  made  out  of  the  following  funds,  viz: 
I.  From  the  funds  constituting  tlie  annual  appropriation  of  eight  millions  of  dollars,  for  the  year  1806,  viz: 
From  the  fund  arising  from  interest  on  the  debt  transferred  to  the  commissioners 

of  the  sinking  fund,  as  per  account  I,  .  .  -  -  .     $864,964  02 

From  the  funds  arising  from  the  sale  of  public  lands,  being  the  amount  of  moneys 
paid  into  the  treasury  from  the  1st  July.  1805,  to  30th  September.  1806.  as  per 
account  K.  -  -  -  -  -  -  -  -  -         699.385  37 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 
the  tonnage  of  ships  or  vessels,  ......      6,367,934  'yO 

Amounting,  altogether,  to  -  - 7,932,283  98 

Which  sum  of        -  -  -  -  -  -  -  -  -  -      7,932,283  98 

Together  with  the  sum  advanced  during  the  year  1805.  on  account  of  the  appropria- 
tion for  the  year  1806,  and  amounting,  as  appears  by  the  last  annual  report,  to  67,716  02 


Makes,  in  the  whole,  the  annual  appropriation  for  the  year  1806,  of      -  -    $8,000,000  00 

II.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage  of 

ships  or  vessels,  advanced  in  part,  and  on  account  of  the  annual  appropriation  for  the  year  1807.         1.003.790  70 

III.  From  repay  iiients  in  the  treasury,  on  account  of  remittances  purchased  for  providing  for  the  foreign 
debt,  and  ol  advances  made  to  commissioners  of  loans,  as  will  appear  by  tlie  statemeiit  E,  viz: 

Repayment  of  the  purchase  money  and  advances  .  .  -  -       .S6,000  00 

Damages  and  interest  recovered.  ....  .  .  i.020  00 

7.020  00 


228  FINANCE.  [1807. 

IV.  From  the  moneys  appropriated  by  law  for  paying  commissions  to  agents  employed  in  the  pur- 
chase of  remittances  for  the  foreign  debt,  bemg  the  amount  paid  at  the  treasury,  during  the  year 
1806,  for  that  object,  as  will  appear  by  the  statement  C,       -----  -  4,912  22 

$8,948,006  90 
That  the  abovementioned  disbursements,  together  with  the  above  stated  balance  of    -  -  -     1,647,475  89 

Which  remained  unexpended  at  the  close  of  the  year  1805,  and  with  a  sum  arising  from  profit  on 
remittances  from  America  to  Europe,  purchased  in  the  year  1806,  and  amounting,  as  will  appear 
by  the  statement  D,  to  -  -  -  -  -  -  -  -  -  -  35,697  77 

And  with  a  further  sum,  arising  from  profit  on  the  purchases  of  the  public  debt,  made  by  the  com- 
missioners of  the  sinking  fund  in  the  same  year,  and  amounting,  as  will  appear  by  the  statement 
L,  to        -        -  -  -  -  -  -  -  -  -  -  -  -  437  96 


And  amounting,  altogether,  to  ten  millions  six  hundred  and  thirty-one  thousand  six  hundred  and 

eighteen  dollars  and  fifty-two  cents,  ----....  $10,631,618  52 

Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then 
have  been  rendered  to  the  Treasury  Department. 
That,  in  the  mean  while,  the  manner  in  whicii  the  said  sum  has  been  applied,  is  estimated  as  followeth: 

I.  The  repaymentsi  nto  the  treasury,  on  account  of  principal,  liave,  during  the  year  1806, 
amounted,  as  by  the  abovementioned  statement  E,  to  -  -  -  -  6,000  00 

II.  The  sums  actually  applied,  during  the  year  1806,  to  the  payment  of  the  principal  and 
interest  of  the  public  debt,  are  estimated  as  followeth: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,     -         4,828,899  17 

2.  Ditto,  on  account  of  interest  and  charges  on  the  same,  -         3,910,791  43 

8,739,690  60 

As  will  appear  by  the  estimate  F. 
ill.  The  balance  remaining  unexpended  at  the  close  of  the  year  1806,  and  applicable  to 

payments  falling  due  after  that  year,  is  estimated,  as  per  estimate  G,  at   ■•  -      1,885,927  93 

$10,631,618  52 

Th;it,  in  conformity  with  the  proceedings  and  resolutions  of  the  commissioners  of  the  sinking  fund,  of  the  28th  of 
April,  1806,  a  copy  whereof,  M,  is  annexed,  and  public  notice  having  been  given  that  proposals  would  be  received 
by  the  Treasurer  of  the  United  States  for  the  purchase  of  the  public  debt,  $17,517  61  unredeemed  amount  of  old 
SIX  per  cent,  and  deferred  stocks,  were  purchased  at  971  per  cent,  as  will  appear  by  the  statement  L;  the  other 
offers,  which  amounted  only  to  $91,956  nominal  value,  having  been  made  at  prices  above  the  then  market  price  of 
stocks,  and  accordingly  rejected.  And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  the  com- 
missioners of  the  sinking  fund,  in  trust  for  the  United  States,  to  the  31st  of  December,  1806,  including  the  sum  of 
$112,950  56,  being  the  aggregate  of  the  several  species  of  stock  transferred  in  the  year  1806,  in  payment  for  public 
lands. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,   Secretary  of  the  Treasury. 

Treasury  Department,  February  4,  1807. 


A. 

Statement  of  the  application,  (hiring  the  year  1805,  of  the  funds  provided  for  the  payment  of  principal  and  interest 

of  the  public  debt. 

I.  Payments  on  account  of  the  principal  c^f  the  public  debt. 

1.  Of  the  domestic  debt,  viz: 

Reimbursement  of  old  six  per  cent,  stock,        .  -  -  .  -   $1,022,329  40 

Do.  deferred  stock,     ------         346,778  14 

As  per  treasury  report.  No.  18,806, 

2.  Domestic  loans  reimbursed, 

3.  Debts  due  to  foreign  officers,  including  arrearages  of  interest, 

Unfunded  registered  debt,  reimbursed, 

4.  Of  the  foreign  debt,  viz: 

3d  instalment  of  loan  of  $3,000,000  of  1st  January,  1792, 

1st         do.  do.  3,000,000  of  1st  January,  1794, 

5th         do.  do.  2,000,000  of  1st  February,  1784, 

Last      do.  do.  2.500,000  of  1st  March,  1791, 

3d.         do.  do.  2,950,000  of  1st  June,  1792, 

Last      do.  do.  6,000,000  1st  September.  1791, 

4th  and  5th  do.  2,050,000  1st  Dec.  1791,  (Antwerp) 


- 

- 

1,369.107  54 

- 

700,000  00 

3f  interest, 

7,947  94 

- 

113  77 

_             ft  Ofil    71 

Guilders. 

600,000 

600,000 

250,000 

500,000 

600,000 

1,200,000 

820,000 

it  40  cents, 

4,570,000,2 

$1,828,000  00 

11.  Payments  on  account  of  the  interest  and  charges  on  the  public  debt. 

1.  On  the  domestic  debt. 

Interest  for  the  year  1805,  on  the  several  species  of  the  domestic  funded  debt,  as  settled 

at  the  treasury,       -  -  -  -  -  -  («)  $3,224,059  80 

2.  Interest  on  Louisiana  stock  domesticated,  -  -  -  150  00 

3.  Interest  ()n  domestic  loans,  --....  56,170  12 

4.  On  the  foreign  debt,  viz: 

Guilders. 
Interest  paid  at  Amsterdam,  -  -  387,000  00 

Do.  at  Antwerp,  -  -  36,900  00 


3,905,169  25 


423,900  00 

at  40  cents,  $169,560  00 

Premiums  on  loan  of  1st  February,  1784,  20,000  guilders,       do.  8,090  00 

Interest  on  Louisiana  stock,  from  1st  July,  1804  to  1st  July,  1805,  675^000  00 


1807.]  THE   SINKING   FUND.  229 


Commissions  and  charges,  viz: 

Guilders. 
At  Amsterdam,  including  Louisiana  stock,  8,695  11  8 
At  Antwerp,  (6)  -  -  -     1,300  00  0 


12,995  11  8 

at  40  cents,      $5,198  23 
At  London,  on  Louisiana  stock,  ^421  17  6  -  1,875  00 


7,073  23 

$802,893  G5 

4,143,273  57 


Commission  on  purciiase  of  bills  in  America,  -  -  -     3,260,43 

$862,893  65 


Notes  to  Statement  A. 


$8,048,442  82 


(a)  The  interest  on  the  several  species  of  domestic  debt,  for  the  year  1805,  as  settled  at  the  trea- 
sury, amounted  to       -  -  -  -  -  -  -  -  -     $3,324,061  73 

From  wliicli  lias  been  deducted  the  result  of  sundry  small  errors,  occasioned  by  miscalculations 
of  dividends  at  the  treasury  and  loan  offices,  -  -  -  3  93 


Making  the  sum  given  in  the  statement,        -  -  -  .  .      $3,224,059  80 


ib)  The  death  of  Mr.  De  Wolf,  the  connnissi(mer  at  Antwerp,  charged  with  tlic  payment  of  the  interest  and 
principal  of  the  loan  obtained  at  that  place,  has  prevented  the  rendering  of  his  final  accounts.  The  precise  amount 
of  the  charges,  on  the  payments  made  in  1805,  cannot,  therefore,  be  stated.  The  sum  here  given  is  on  estimate,  but 
cannot  be  tar  out  of  the  way. 

Treasury  Department,  Register's  Office,  February  Uh,  1807. 

JOSEPH  NOURSE,  Register. 

B. 

Statement  of  the  provision  made,  before  the  1st  day  of  January,  1806,  for  the  payment  of  the  principal  and  interest 

of  the  Public  Debt  falling  due  after  the  year  1805. 

I.  On  account  of  the  Foreign  Debt. 

1.  Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  viz: 

In  Amsterdam,  on   31st  December,   1805,    per 

treasury  report.  No.  18,410,        •-  Guilders,  2,397,171  18  3 

From  which  deduct  a  balance  due  the  commis- 
sioner in  Antwerp,  -  -  -  .  767     1     g 


2,396,407  16   13 

At  40  cents,      $958,563  14 
In  London,  per  account  rendered,  of  December 

31st,  1805,  -  -  -  -  ^£42,664     1     1 

At  4s.  &d.         189,618  01 


2.  Remittances  outstanding,  viz: 

Amount  paid  for  at  tiie  treasury,  and  remitted  to  Amsterdam  be- 
fore the  1st  January,  1806,  but  not  received  by  the  commis- 
sioners till  after  that  day,  -  -  Guilders  700,000 

At  40  cents,         280,000  00 
Do.  do.  do.  remitted  to  London,  outstanding  on 

1st  January,  1S06,  -  .  .  .  £43,000 

: '  At  4s.  Gd.        191.111  11 


1,148,181   15 


471,111   11 


3.  Amount  of  payments  made  at  the  treasury  before  the  1st  January,   1806,  for  bills 
which  have  been  protested  for  non-payment,  and  which,  on  that  day,  had  not  been 
.    repaid  into  the  treasury,  (a)  -------  43,857  00 


1.663.149  26 


II.  Deduct  on  account  of  the  Domestic  Debt,  as  follows: 

The  demands  unsatisfied  on  the  1st  January,   1806,  were  the  following,  viz: 

1.  Dividends  payable  by  commissioners  of  loans,  including  the  dividend  due  on 
that  day,  and  exclusive  of  unclaimed  dividends  no  longer  denumdable  at  their 

offices,  ..........        1,430,976  71 

2.  Unclaimed  dividends  payable  at  the  treasury,  .  _  -  .  7,791  66 


'^'he  provision  made  for  the  above  objects  was  as  follows: 

1.  Cash  due  from  commissioners  of  loans  deceased,  and  out  of  office,      $2,295  06 

2.  Cash  in  the  hands  of  acting  commissioners  of  loans,     -  -         1,419,701  24 

3.  Amount  over  advanced  at  the  treasury  for  payment  of  unclaimed 
dividends,  -......-  1,098  10 


1,438,768  37 


1,423,095 


Leaving  the  sum  wanted  on   1st  January.  1806.  to  meet  all  the  payments  on  ac- 
count of  the  domestic  debt,        -  -  ■  -  -  -  -  -  -  15,673  37 


Total  amount  of  provision  for  the  public  debt,  renraining  unapplied  on  the  3Ist  December,  1805.     $1,647,475  89 


30  tt 


230 


FINANCE. 


ti8or. 


Note  to  Statement  B. 

(a)  Statement  of  protested  bills,  outstanding  December  31st,  1805 

Purchased  before  1802,    A  Brown's  bill,         Guilders,  60,000    $24,000 


Purchased  in  do.       Brown  and  Hackman's  do.        60,000      24,000 

Do.  do.      Beale  Owings' do.        -  20,000        8,000 


140,000       56,000 
A  partial  payment  made  on  the  above  bills  in  1805,  of   -  -      18,143 


37,857 


Purchased  in  1805,    John  J.  Astor's  bill,  Guilders,  15,000        6,000  Amount  repaid  in  1806. 

$43,857 


The  protested  bills,  outstanding  on  31st  December,  1804,  per  note  (c,)  to  statement  B,  annexed  to  the  annual 

report  dated  February  4th,  1806,  amounted  to  -.--..  $104,000 

The  amount  protested  since  that  time,  is  -..-.-.  6,000 


110,000 
The  repayments  in  1805,  per  statement  E,  annexed  to  the  report  of  February  4th,  1806,  amounted  to        66,143 


And  leaves  outstanding,  as  here  stated. 


$43,857 


Treasury  Department,  Register's  Office,  4th  February,   1807. 

JOSEPH  NOURSE,  Register. 


List  of  Warrants  draum  according  to  law,  during  the  year  1806,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  reimbursement  and  interest  of  the  Domestic  Debt. 


No.  of  Warrant. 

Date. 

In  whose  favor. 

Amount. 

7,117 

1806  Feb.  21, 

James  Davidson,  Jun.         .               .               .               . 

$2,843  82 

18 

Do.                       .... 

3,963  41 

55 

March        5, 

James  Alger,                       .... 

1,000  00 

56 

Isaac  Neufville,                  .... 

36,000  00 

57 

Sherwood  Haywood,           .               .               .               - 
William  Gardner,              .               .               -               . 

2,000  00 

58 

6,400  00 

97 

18, 

Benjamin  Austin,  Jun.      .... 

170,000  00 

98 

Christopher  Ellery,             .... 

12,000  00 

99 

William  Imlay,                   .... 

20,800  00 

7,200 

William  Few,                     ...               - 

240,000  00 

1 

James  Ewing,                      .... 

6,000  00 

2 

Merewether  Jones,              .... 

11,000  00 

12 

21, 

Edward  Hall,                     ...               - 

17,950  44 

15 

22, 

Stephen  Moylan,                .               .               .               . 
James  Davidson,  Jun.         .               .               .               - 

205,463  61 

16 

3,368  78 

18 

24, 

John  Stockton,                    .               .               -               . 

2,726  61 

7,546 

May          14, 

James  Davidson,  Jun.         .               .               -               - 

1,652  31 

7,630 

June           2, 

William  Gardner,               .               .               -               - 

6,400  00 

31 

Sherwood  Haywood,           -               .               .               - 
Isaac  Neufville,                  .               .               .               . 

1,800  00 

32 

35,000  00 

64 

13, 

William  Imlay, 

19,800  00 

77 

17, 

Benjamin  Austin  Jun.        .               _               .               - 

170,000  00 

78 

Christopher  Ellery              .... 

11,800  00 

79 

William  Few,                     .... 

265,000  00 

80 

James  Ewing,                      .... 

5,700  00 

81 

Merewether  Jones.              .... 

9,800  00 

7,689 

20, 

Edward  Hall,                      -               -               - 

18,050  97 

7,784 

July            1, 

James  Davidson,  Jun.         .               _               .               - 

8,274  18 

7,856 

11, 

William  Imlay,                  .... 
William  Gardner,              .... 

500  00 

8,015 

September  5, 

6.400  00 

16 

Sherwood  Haywood,           ...               - 

1,900  00 

17 

James  Alger,                       .... 

1,000  00 

18 

Isaac  Neufville,                  .... 

133,500  00 

40 

:   ■        '«' 

Benjamin  Austin,  Jun.       .               .               -               - 

428,100  00 

41 

Christopher  Ellery,             .... 

21,000  00 

42 

William  Imlay,                    .... 

22,100  00 

43 

William  Few,                     -                -          '      .              ■- 

381,000  00 

44 

James  Ewing,                      -               -     ' 

5,500  00 

48 

n. 

John  Page,                     r       .               ^   m 

41,000  00 

52 

19, 

Edward  Hall,                     .... 

32,785  68 

63 

22, 

Stephen  Moylan,                .... 

311,658  79 

71 

25, 

John  Stockton,                    .               .               .               . 

2,663  85 

76 

27, 

James  Davidson  Jun.          .... 

29,417  65 

77 

Do.                       .... 

80,600  00 

8,196 

October      9, 

Do.                       .... 

3,388  72 

8,312 

December  4, 

William  Gardner,              .... 

12,900  00 

13 

William  Imlay,                   .... 

16,000  00 

14 

Sherwood  Haywood,          .... 

2,750  00 

15 

Isaac  Neufville,                  ..... 

65,000  00 

43 

16, 

Benjamin  Austin,  Jun.       .... 

323,600  00 

44 

Do.                    .... 

439,400  00 

1807.] 


THE    SINKING    FUND. 


LIST— Continued. 


231 


No.  of  Warrant. 

Date. 

In  whose  favor. 

Amount. 

8,345 

1806,  Dec.  16, 

Christopher  Ellery, 

$20,250  00 

46 

William  Imlay, 

- 

25,300  00 

47 

William  Few, 

- 

500,800  00 

48 

Do. 

- 

124.200  00 

49 

James  Ewing, 

- 

11,300  00 

50 

John  Page, 

- 

20,000  00 

8,359 

19, 

Edward  Hall, 

- 

46,627  69 

61 

29, 

Stephen  Moylan, 

- 

336,800  03 

62 

Do. 

- 

257,300  00 

71 

27, 

John  Stockton, 

- 

4,438  82 

72 

George  Simpson, 

- 

292,840  90 

76 

James  Davidson  Jun. 

- 

48,794  50 

77 

Do. 

- 

217,684  74 

78 

Thomas  T.  Tucker, 

- 

4,672  17 

95 

31, 

John  Page, 

- 

3,971   77 

96 

Do. 

- 

79  20 

7,242 

March      29, 

Thomas  T.  Tucker, 

-     287,144  95 

7,691 

June         23, 

Do. 

-     167,937  98 

7,695 

24, 

Do. 

-     149,350  79 

8,075 

September  27, 

Do. 

-     149,811   20 

8,379 

December  31, 

Do.                        -              - 

-     278,657  08 

8,380 

Do. 

-     531,447  39 

1,564,349  39 

$7,136,368  03 

List  of  Warrants  drawn  according  to  law  during  the  year  1806,  on  the  Treasurer  of  the  United  States,  on  account 
of  the  reimbursement  of  the  capital  and  interest  of  the  /hitch  debt. 


No.   of  Warrant. 

Date. 

In  whose  favor. 

Amount. 

7,131 

1806,  Feb. 

24, 

David  Harris,                      .               _               .               . 

$192,777  41 

32 

George  Simpson,                .               .               .               - 

69,400  00 

42 

28, 

Do.                         .... 

24,960  00 

43 

David  Harris,                      .... 

81,900  00 

62 

March 

5, 

George  Simpson,                 .... 

23,790  00 

63 

Jonathan  Burrall,                .... 

60,621  60 

7,167 

6, 

George  Simpson,                 .... 

39,000  00 

68 

8, 

David  Harris,                     .               .               .               . 

115,537  .-iO 

75 

11, 

Do.                            .... 

43,055  00 

76 

George  Simpson,                 .... 
Jonathan  Burrall,                .... 

23,400  00 

81 

12, 

31,200  00 

89 

17, 

Do.                        .... 

236,000  00 

90 

George  Simpson,                 ..... 
David  Harris,                      .... 

43,055  00 

91 

23,700  00 

96 

George  Simpson,                 .               .               .               . 

10,270  00 

7,510 

May 

6, 

Do.                        .... 

584  68 

19 

8, 

David  Harris,                      ..... 

1,142  42 

40 

12, 

Jonathan  Burrall,               .... 

819  55 

8,050 

Sept. 

18, 

Do.                             .... 

304,200  00 

8,195 

October 

9, 

Do.                           .... 

760  50 

$1,326,173  66 

Included  in  the  foregoing  list  of  warrants  are  the  following  warrants  for  commissions  to  the  agents  who  purchased 

the  bills,  at  one-fourtii  of  one  per  cent 

No.  7510,  May        6,  George  Simpson,  ....  $584  68 

7519,  8,  David  Harris,  ....         1,142  42 

7540,  13,  Jonathan  Burrall,  -  -  -  -  819  55 

8195,  October  9,  Do.  ....  760  50 


3,307  15 


FINAl^CE. 


[1807. 


List  of  Warrants  drawn  according  to  law,  during  the  year  1806,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  Interest  on  the  Louisiana  Stock. 


No.  of  Warrant. 

Date. 

In  whose  favor. 

Amount. 

75M 

May 

6, 

Peter  Roe  Dalton.      -                   -                   .                   - 

$396  05 

7536 

a 

12, 

George  Simpson,        -                  -                  .                  . 
David  Harris,             -                   -                   .                   . 

40,000  00 

6555 

(L 

15, 

57,777  72 

,75,70 

a 

17, 

George  Simpson,        -                   -                   -                   . 
Ditto,                   -                   -                   .                   . 

42,444  44 

'(m 

4c 

23, 

24,222  22 

7m 

4< 

2G, 

Ditto. 

26,666  67 

7616 

u 

30, 

David  Harris,             -                   .                   .                   . 

195,000  00 

7617 

44 

44 

George  Simpson,        -                  -                  .                  . 
Ditto,                   -                   -                   .                  . 

39,000  00 

7'629 

44 

31, 

58,500  00 

7655 

June 

11, 

Ditto,                  -                  .                  -                  . 

577  08 

7683 

18, 

David  Harris,             -           ,,|/    - 

■■■:'.T    ,,.;■.,;*•    , 

,■.-;•<  mi')'     ■  .ir 

Included  in  the  foregoing  list  of  warrants,  are  the  follow- 

631  94 

$485,216   12 

ing  warrants  for  commissions  to  agents  who  purchased 

the  bills  at  one-fourth  of  one  per  cent. 

No.  7511,  May  6,  Peter  Roe  Dalton,          -        ii;396  05 

H  ..        -    '    ,       ■  ;    ■. 

"     7655,  June  11,  George  Simpson,             -          577  08 

<:   t:';.iM'.  ■ 

"     7683,     "      18,  David  Harris,                  -          631  94 

$  1,605  07 

Listof  Wurranis  drawn  according  to  law  during  the  year  180G,  on  the  Treasurer  of  the  United  States,  on  account 

of  paying  certain  parts  of  the  Domestic  Debt. 


No.  of 
Warrant. 

Date. 

In  whose  favor. 

Amount. 

6920 
7188 
7838 
7868 
8271 

January         3, 
March         15,                  -  ' 
July               8, 
"               16, 
November  13, 

Daniel  C.  Verplanck, 
John  Rea,                -           ■      ;  . 
John  Crowder,        -                   -    ,•• 
Thomas  Leiper,     -       t    •■.n  - 
John  Davidson,      -              '  ■  -    ,'' 

^36  40 
61   60 

88  88 
35  38 
26  83 

$  249  09 

RECAPITULATION. 

Interest  and  reimbursement  of  domestic  debt, 

Interest  and  reimbursement  of  Dutch  debt. 

Interest  on  Louisiana  stock,  .  -  . 

For  the  payment  of  certain  parts  of  the  domestic  debt. 


S  7,136,368  03 

1,326,173  66 

485,216  12 

249  09 

$8,948,006  90 


.!<;•' 


;*■ 


Treasury  Department,  liegister's  Office,  January  23,  1807. 

JOSEPH  NOURSE,  Register. 


D.        '■•■    •■•■  ■'"  "" 

Amount  of  Remittances  during  the  year  1806,  on  account  of  the  Dutch  Debt,  and  for  the  payment  of  the  Interest 

upon  the  Louisiana  six  per  cent.  Stock. 


Guilders.  St. 

80,000  00 

500,720   11 

2,360,440  00 

596,500  00 

590.000  00 


Rale. 


at  38 

cents 

per 

G 

uilder. 

b4      OQ  1 

44 

44 

"  39 

4( 

44 

"  39| 

44 

44 

"  40 

•  4 

44 

4.127,660  II  equal  to  -  -  -  - 

£43,000  Sterling,  -  -  at  par 

Deduct  fractions  rejected  in  the  purchase, 


Applied  to  remittances, 

Paid  to  agents,  for  commissions, 


Dolls.  Cts. 

30,400  00 
274,677  41 
838,671  60 
235,617  50 
236,000  00 

$1,615,366  51 


191,111    11 

G 


191,111   05 

1.806,477  56 
4,912  22 


$  1.811,389  78 


isor.] 


THE   SINKING   FUND. 


233 


Warrants  issued  in  the  year  180G,  on  account  of  the  Dutch  debt,  as  per  state- 
ment,   -  - 
Ditto,                      ditto,  on  account  of  interest  on  the  Louisiana  six 
per  cent,  stock,  as  per  statement,     -  -  .  . 


$1,326,173  66 

485,216  12 

$1,811,389  78 


Profit  arising  from  remittances: 


Guilders,  1,427,660  11 
Sterling,     £43,000 


at  par,  =  dollars,  1,651,064  22 
"     "     =       "  191,111  11 


Remittances  cost 
Gain,  - 


1,842,175  33 
1,806,477  56 

$35,697  77 


Treasury  Department,  Register's  Office,  January  23,  1807. 

JOSEPH  NOURSE,  Register. 


^. 


Statement  of  repayments  made  into  the  Treasury,  during  the  year  1806,  on  account  of  the  public  debt. 


Date  of  warrant. 

No.  of  Warrant. 

On  whom  drawn. 

Principal  repaid. 

Damages  &c. 
recovered. 

Amount    of 
Warrant. 

1806.  June  30. 

967. 

John  Jiicob  Astor.  for  amount  re- 
el     1  for  his  protested  bill. 

$5,550 

$1,470 

$7,030 

Note. — The  amount  of  Mr.  Astor',,  U':ll  was  fifteen  thousand  guilders,  and  was  purchased  at  thirty-seven  cents 
per  guilder,  making  the  sum  of  five  tliousand  five  hundred  and  fifty  dollars,  as  above  .stated.  But,  as  the  difference 
between  this  sum  and  the  par  value  of  the  bill  at  forty  cents  per  guilder,  has  been  accounted  lor  in  the  amount  of 
profit  on  exchange,  in  the  year  1805,  it  becomes  necessary  to  consider  the  principal  of  the  bill  i-epaid,  as  if  it  were 
purchased  at  par,  and  it  is  consequently  taken,  in  the  accounts  of  this  year,  at  six  thousand  dollars. 

Treasury  Department,  Register's  Office,  23rf  January,  1807. 

JOSEPH  NOURSE,  Register. 


An  estimate  of  the  application  made,  in  the  year  1806,  of  the  funds  provided  for  the  payment  of  the  principal  and 

interest  of  the  public  debt. 
I.  On  account  of  the  principal. 

1st.  Amount  of  six  per  cent,  and  deferred  stocks,  purchased  by  the  commissioners 

of  the  sinking  fund,  per  statement  L,     -  -  -       $17,517  61 

2d.  Reimbursement  of  tne  six  per  cent,  and  defiL'rred  stocks,  estimated  at  -     1,451,932  47 

3d.  Do.  of  the  Navy  six  per  cent  stock,  -  -  -        711,700  00 

4th.         Do.  of  the  five  and  half  percent  stock,  -  -  -     1,847,500  00 

5th.        Do.  of  the  unfunded  registered  debt,  including  arrearages  of  interest  249  09 

6th.         Do.  of  foreign  (lil)t,  viz: 

4th.  instalment  of  loan  of  3,i)00,OuO,  of  January  1st,  1792,  guilders  600,000 
2d.  Do.  do.      of  3,000,000.  of  January  1st,  1794,  600,000 

6th-  Do.  do.       of  2,000,000,  of  Feb.        1st,  1784,  -      250,000 

4th.  Do.  do.      of  2,950,000,  of  June        1st,  1792,  -      550,000 


2,000,000   at  40  cts.    800,000  00 


II.  On  account  of  interest  and  charges. 

1st.  Interest  on  domestic  funded  debt,  estimated,  for  1806,  at  - 

2d.      Do.     on  Louisiana  stock,  domesticated, 

3d.      Do.     on  foreign  debt,  viz: 

At  Amsterdam,  -        Guilders,  244,000  00  00 

Premiums  at  do.       -  22,500  00  00 


4,828,899  17 


3,119.786  05 
300  00 


Charges  at  Amsterdam, 


266,500  00  00 
2,799  03  00 


Guilders,    269,299  03  00 

at  40  cents,  107,719  66 
Interest  and  charges  on  Louisiana  stock  in  London 

and  Amsterdam,  -  -  -  678,073  50 


Commission  to  agents  in  America,  for  purchasing  bills. 


$785,793  16 
4,912  22 


3,910,791,  43 
$8,739,690  60 


234 


FINANCE. 


[1807. 


G. 

An  Estimate  of  the  Funds  provided,  before  the  \st  January,  1807,  for  thepayment  of  the  principal  and  interest  qfthe 

Public  Debt  falling  due  after  that  day. 

I.  On  account  of  the  Foreign  Debt. 

Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  on  the  31st  December,  1805,  per  preceding 

statement  B,  ---------      $1,148,181  15 

Remittances  to  London  and  Amsterdam  outstanding  on  the  31st  December,  1805,  per  same  statement,      471,111  11 
The  remittances  made  during  the  year  1806,  per  preceding  statement  D  are  as  follow,  viz: 

G.  4,127,660.11,  at  40  cents,       $1,651,064  22 


To  Amsterdam, 
To  London, 


£  43,000, 


at  4s.  6rf. 


191,111   11 


1.842,175  33 


Total  to  be  accounted  for,  -  3,461,467  59 

The  amount  applied,  during  the  year  1806,  per  preceding  estimate  F,  is  calculated  to  have  been, 
for  principal,  -------        $800,000  00 

Interest  and  charges,  -  -  .  .  -  -  .  785,793  16 

1,585,793  16 

The  balance  iii  the  hands  of  commissioners  and  agents  in  Europe,  or  in  remittances  outstanding,  may, 

therefore,  be  estimated,  on  31st  December,  1806,  to  be  .  -  -  -  1,875,674  4 J 

The  amount  of  protested  bills  outstanding  on  the  same  day,  was  as  follows,  viz: 

~  "  "■■  -  G.  60,000=  $24,000 T 


''rHfn^^'lR^t'^B^wniHackman'sdi'. 
and  in,  1802,      ^  geale  Owing's  do. 

Of  which  there  has  been  received  in  part, 
Remains  outstanding. 


60,000  =    24,000  J.  In  suit 
20,000  =      8,0003 


56,000 
18,143 


II.  From  which  deduct,  on  account  of  the  Domestic  Funded  Debt: 

For  unclaimed  dividends,  demandable  at  the  treasury,  and  not  yet  advanced  to  tlie  bank  for  pay- 
ment to  the  creditors,  estimated  at-  -  -  ■•  -- 


37,857  00 
1,913,531  43 


27,603  51 


$1,885,927  92 


RECAPITULATION. 

The  balance  remaining  unexpended  31st  December,  1805,  per  preceding  statement  B,  was 
Amount  advanced  from  the  treasury  in  the  year  1806,  per  preceding  statement  C,  was 
Profit  in  exchange,  in  the  year  1806,  per  preceding  statement  D,  -  -  .  - 

Do.     on  the  purchase  of  stock  by  the  commissioners  of  the  sinking  fund,  per  annexed  statement  L, 


$1,647,475  89 

!  8,948,006  90 

35,697  77 

437  96 

$10,631,618  53 


The  amount  estimated  to  have  been  applied  to  the  public  debt  in  1806,  per  preceding  estimate  F,  is       $8,739,690  60 
Repayments  into  the  treasury  in  1806,  for  principal  of  bills  protested,  per  preceding  statement  E,  6,000  00 

Provision  in  advance,  applicable  to  the  payments  of  the  year  1807,  per  above  statement  G,  1,885,927  92 


,:     .•I',;:..,.,. 

.'    1  /    '  ■  ■      M 

OOi'.Ud';, 

i  i    '^  ' '":  f  J 


I    , 


)/ 


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.  I.     -  %..;!■  :ii-..'     ,. 


I,:;..;    ..•     ■■  ■■'■    y^\^■'^U'.■  ,    -■-  •  rj.....  .    V 


$10,631,618  58 


vXi  .il't 


!  '■"  i;  \  "..^ 


.i<vt  'i.,',     , 


1807.] 


THE    SINKING    FUND. 


235 


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236 


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[1807. 


I. 

Statemitit  of  moneys  arising  from  interest  on  Stock  transferred  to  the  United  Slates,  being  the  amount  drawn  by 
the  Jlgent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  1806,  pursuant  to  the  act  of 
8th  May,  1792,  agreeably  to  Statements  made  at  the  Treasury. 


March  29,  1806,  Warrant  No.  7,242,  per  treasury  statement,  No.  18,515, 

June  24,      "  do.  No.  7,695,  per  do.  do. 

September  27,     "  do.  No.  8,075,  per  do.  do. 

December    27,      "  do.  No.  8,379,  per  do.  No.  18,960, 


$287,144  95 
149,350  79 
149,811  20 
278,657  08 

$864,964  02 


Treasury  Department,  Register's  Office,  January  23d  1807. 


,    JOSEPH  NOURSE,  Register. 


K. 


Statement  of  moneys  draion  by  the  Agent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  in  the  year  1806, 
being  on  account  of  moneys  received  into  the  Treasury  from  sales  of  Public  Lands,  pursuant  to  the  act  of  the 
3d  March,  1795,  agreeably  to  statements  mad^  at  the  Treasury. 


June  23,  1806,  Warrant,  No.  7,691,  per  treasury  statement.  No.  18,515, 

December    27,     "  do.       No.  8,380,  per  do,  No.  18,960, 


Treasury  Department,  Register's  Office,  January  23,  1807. 


$167,937  98 
531,447  39 

$699,385  37 


1    ;:   I 

1    ...  I 


JOSEPH  NOURSE,  Register. 


Purchases  made  by  the  Treasurer  of  the  (Jnited  States,  for  the  President  of  the  Senate,  the  Chief  Justice,  the  Sec- 
retary of  State,  the  Secretary  of  the  Treasury,  and  the  Jlttorney  General,  appointed  by  act  of  Congress  of 
the  12th  August,  1790,  entitled  "  An  act  making  provision  for  the  reduction  of  the  Public  Debt." 


Date  of  stock 
purchased. 

Nominal  six 
percent. 

Deferred. 

Unredeemed 
amount. 

Rate. 

Of  whom  purchased. 

Amount. 

Total  amount. 

1806. 
July        3, 
9, 

$5,359  17 
20,033  34 

$16  67 

$3,694  03 
13,808  86 

14  72 

971 

97i 

971 

John  Laird,     - 
Jolin  Mason,  Attorney  of 
Joel  Barlow, 
Do.               Do. 

$13,463  63 
14  35 

$3,601   67 
13,477  98 

$17,517  61 

,     $17,079  65 

Unredeemed  amount  of  stock  purchased  as  above, 
Amount  paid  for  the  same,     -      r      ;     - 

Gain  on  the  purchase, 
Tre'.sury  of  the  United  States,  Jidy  9,  1806. 


$17,517  61 
17,079  65 

$437  9ti 


TH.  T.  TUCKER,   Treasurer  United  States 


At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  on  the  28th  day  of  April,  1806: 

Present:  James  Madison,  Secretary  of  State. 

•■      Albert  Gallatin,  Secretary  of  the  Treasury.  \       .: 

John  Breckenridge,  Attorney  General. 

The  Secretary  of  the  Treasury  laid  before  the  Board  a  report,  dated  the  26th  of  April,  1806,  which  was  read, 
and  is  as  follows: 

"  That  the  current  payments  to  be  made  by  the  Commissioners  of  the  Sinking  Fund,  during  the  year  1806,  are 
etimated  as  followetii,  viz: 
Reimbursement  and  interest  on  the  domestic  debt,  ....  $4,585  000 

Instalments  and  interest  on  the  Dutch  debt,  payable  from  the  1st  Jan.  to  1st  June,  1807,  and  which 

must,  therefore,  be  remitted  in  1806,  .....  1,004,032 

One  year's  interest  on  the  Louisiana  stock,    .     ^      ,       .  .  .  .  678,375 


6,267,407 


Amounting  altogether,  to  ..... 

And  leaving,  in  order  to  complete  the  annual  appropriation  of  eight  millions  of  dollars,  a  sum  exceed- 
ing one  million  seven  hundred  and  thirty  thousand  dollars  (exclusively  of  the  interest  which  may 
be  redeemed  by  the  payment  of  said  sum)  <,o  be  applied  in  such  manner  as  the  Board  shall  direct,        1,732,593 


$8,000,000 


1807.]  PUBLIC    DEBT.  237 

That  the  said  sum  may  be  applied  either  (o  reimbursements  or  purchases  of  the  public  debt. 

That  the  only  portions  of  the  debt  which  may  be  reimbursed,  are — 
The  Navy  six  per  cent,  stock,  amounting  to  ....  $711,700 

The  five  and  a  lialf])er  cent,  stock,  amounting  to  ....  1,817. ')00 

And  the  four  and  a  half  per  cent,  stock,  amounting  to      ....  170,000 

And  that  it  is  now  submitted  whether,  previous   to  advertising  the  reimbursement  of  (he  five  and  a    half  i)er 
cent,  stock,  it  might  not  be  advisable  to  ascertain  whether  a  more  advantageous  application  maybe  ettected  l)j  pur- 
chases, in  the  manner  authori/.ed  by  law."' 
AVhereupon,  it  was  RcHolved, 

1.  That  the  sum,  wliicli,  after  making  tlie  current  payments,  mentioned  in  the  preceding  reiiorl.  siiall  remain  to 
complete  the  annual  appropriation  of  eight  millions  of  dollars,  be  applied  in  the  I'ollowing  manner,  viz: 

First,  to  the  purchase  of  the  eight  per  cent.,  old  six  per  cent,  and  deferred  stocks,  at  a  price  not  exceeding  the 
rates  fixed  by  law.  giving  tiie  preference,  in  the  first  place,  to  the  eight  per  cent,  and  in  the  next  place,  lo  ihe  de- 
feried  stock;  provided  that  the  President  of  the  United  States  shall  assent  to  such  application.  And.  secondly,  in 
case  that  a  sufficient  (|uantity  of  stock  cannot  be  purchased,  to  the  reimbursement  of  the  Navy  six  i)er  cent,  stock, 
and,  at  the  option  of  the  Secretary  of  the  Treasury,  eitiier  to  tiie  reimbursement  of  the  five  and  ahalf  per  cent,  stock, 
or  of  so  much  of  the  bills  drawn  on  the  treasury,  by  the  minister  of  the  United  States  at  Paris,  in  conl'ormity  with 
the  convention  between  France  and  the  United  States,  of  tlie  30th  of  April,  1803,  as  will  be  necessary  to  com- 
plete the  payment  of  the  said  eight  milliims  of  dollars. 

3.  That  the  Treasurer  of  the  United  States  be  the  agent,  under  the  superintendence  of  the  Secretary  of  the 
Treasury,  for  making  the  said  purchases:  that  tiie  said  purchases  be  made,  by  receiving  sealed  proposals  for  any 
sums  which  may  be  ofti^red:  and  that  the  said  agent  forthwith  advertise  to  receive  such  proposals,  until  the  thirteenth 
day  of  June  next,  inclusively. 

3d.  That  the  notice  of  the  reimbursement  of  such  stocks  as  may  be  reimbursed,  be  given  by  tiie  Secretary  of  the 
Treasury,  prior  to  the  first  day  of  July  next;  and  that  the  date  of  reimbursement  be  at  his  option,  either  the  first  day 
of  October,  or  the  first  day  of  January,  next. 

JAMES  MADISON,  Secretary  of  State. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
JOHN  BRECKENRIDGE,  Attorney  General  U.  .5'. 
Attest,  Edward  Jones,  Sec^ry  to  the  Commissioners  of  the  Sinking  Fund. 


9th  Congress.]  No.  265.  [2d  Session. 


Sir: 


PUBLIC    DEBT. 

COMMUNICATED  TO  TIIE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  28,  1807. 

Treasury  Department,  Februai-y  27th,  1807. 


I  have  the  honor  to  transmit  a  statement  of  the  public  debt,  on  the  1st  days  of  January,  1801,  1802.  1803,  1804, 
1805,  1806,  and  1807.  respectively,  together  with  sundry  explanatory  statements  and  notes,  prepared  in  pursuance  of 
the  resolution  of  the  House  of  Representatives,  of  the  8tli  of  January  last. 

It  has  not  been  practicable  to  complete,  before  the  adjournment  of  Congress,  similar  statements  for  the  preceding 
years,  but  they  will  be  prepared  during  the  recess.     Quarterly  statements  would  have  been  attended  with  still  more 
considerable  labor  in  investigation,  as  the  accounts  tor  several  parts  of  the  public  debt  are  rendered  onlj-  semi- 
annually, and  they  are  all  settled  annually. 

It  appears,  from  the  statement  herewith  transmitted,  that  the  whole  public  debt  of  the  United  States,  unprovided 
for  on  the  days  abovementioned,  amounted  to  the  following  sums,  respectively,  that  is  to  say: 

On  the  1st  day  of  January,  1801,     -  -  -  -  -  -        $81,996,268  49 

Do.  1802,      ------  78,750,669  83 

Do.  1803,      ------  74,728.023  98 

Do.  1804,      ------  85,349.744  35 

Do.  1805,      ------  80.530.159  78 

Do.  1806,      ------  74.539,058  75 

Do.  1807,      ------  67,727,756  76 

The  total  amount  of  payments  of  the  debt  (including  lands  paid  for  in  stock)  have  been. 

In  1801,  .-..----  2,325,418  55 

In  1802,  -...----  3.657,945  95 

In  1803,  .-...---  5,627,565  42 

In  1804,  ---_..  -  -  4,114,970  38 

In  1805,  --------  6,588.879  84 

In  1806,  --------  6,505,292  19 

And  the  diftt?rence  between  the  anticipated  provision  made  on  the  1st  January,  1807,  and  that  which 

had  been  made  on  the  1st  January,  1801,  is,  as  will  appear  by  the  statement  C,  -  -  448,439  40 

Making,  altogether,  -  -  29,268,511  73 

Which,  deducted  from  the  amount  of  debt  on  the  1st  day  of  January,  1801,  -  81.996.268  49 

Leaves  a  sum  of    -  -  -  52.727.756  76 

Tovrhich  adding  the  debt  contracted  by  the  purchase  of  Louisiana.  -  -  -  15,000.000  00 


Leaves  the  amount  of  debt,  on  the  1st  of  January,  1807,  as  above  stated,  -  -  67,727,756  76 


The  debt  has,  therefine,  during  those  six  years,  and  notwithstanding  tlie  addition  made  by  the  purchase  of  Loui- 
siana, been  diminished  more  than  14,260.000  dollars. 

Although  the  amount  stated  for  the  1st  January,  1807,  is  necessarily  on  estimate,  and  not  from  accounts  actually 
settled  at  the  treasury,  it  is  believed  not  to  differ  materially  from  the  precise  amount. 

I  have  the  honor  to  be.  with  great  respect,  sir,  your  obedient  sen  ant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives. 

31  tt  . 


238 


FINANCE. 


[1807. 


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PUBLIC  DEBT. 


239 


Notes  to  Statement  A. 


(a.)  Foreign  debt  on  1st  January,  1801,    - 
Principal,  $10,360,000  - 
Premiums,  59,000  - 

$10,419,000 


on  1st  January,  1807, 
$1,400,000 
20,000 


$1,420,000 


(b.)  Six  per  cent,  stock,  on  1st  January,  1801,  exclusively  of  sums  passed  to  credit  of  sinking  fund, 


nominal  amount. 
Deferred      do.  do.  do.  do  do.  do. 

Add  Higgins's  certificate,  presented  in  time,  but  not  funded  till  1802, 

Deduct  reimbursement  prior  to  1801,  viz. 

The  total  amount  reimbursed,  as  per  treasury  settlement,  was,        -  -         $3,976,239  84 

Deduct,  viz: 

1.  Amount  of  an  error  discovered  and  corrected  in  1803,  $24,210  31~^ 

2.  So  much  which  had  been  reimbursed  on  sums  transferred  to  the  i>         28,388  03 

commissioners  of  the  sinking  fund,  previous  to  such  transfer,      4,177  72j      

True  unredeemed  amount  due  to  individuals  on  1st  January,  1801, 


$28,216  158  39 
13,679,125  95 

41,895,284  34 
25  67 

41,895,310  01 


3,947,851   81 
$37,947,458  20 


(c.)  Three  percent,  stock  on  1st  January,  1801,exclusive!y  of  sums  passed  tocreditof  sinking  fund,  $19,093,885  03 
Add  Higgins's  three  per  cent,  stock,  for  arrears  of  interest  prior  to  1791,      -  -  .  17  18 

Amount  due  to  individuals  on  1st  January,  1801,      .  .  -  .  . 


$19,093,902  21 


1,124  41 


1,089  33 


> 


id.)   Unfunded  debt  on  1st  January,  1801,  viz: 

Loan  office,  certificates. 

Principal  of  certificates  in  name  of  the  consul  general  of  the  French  republic 
to  the  UnitedStates,  presented  in  1799,  but  not  paid  till  1801, 
Note.    The  arrears  of  interest  prior  to  1791,  had  been  funded  in  1799,  and  are  not 

included,  being  part  of  the  $19,093,902  21  three  per  cent,  stock. 
Moses  White's  claim  discharged  in  1803,  by  act  of  Congress,  on  the  same  princi- 
ples as  loan  office  certificates,  viz: 

Paid  in  specie,  -  .  .  .  .  $842  72  "> 

Three  percent,  stock  issued,  -  -  -    246  615  i,uo^  o.>j 

Registered  debt  outstanding,  (exclusively  of  interest  payable  at  the  Bank  of  the  United  States,)  viz 

Payable  in  specie,        .  .  .  .  -  44,679  56') 

Do.  in  three  percent,  stock,  -  -  -  15,774  25  3 

Debt  due  to  foreign  officers,  --.....- 

Ditto  for  supplies  furnished  prior  to  1789,  paid  after  1800,     ----- 
Due  toBeaumarchais,  balance  of  principal  as  settled  at  the  treasury, 

British  debt,  due  in  satisfaction  a«d  dischargo  of  the  money  which  the  United  States  might 
have  been  liable  to  pay  in  pursuance  of  the  provisions  of  the  6th  article  of  the  treaty  of  1794, 


$15,213  74 


(f.)  Unfunded  debt  on  1st  January,  1807. 
Registered  debt. 

Payable  in  specie. 
Do.  in  three  per  cent,  stock. 
Foreign  officers,      -  -  . 


$21,848  53 
8,126  97 


60,453  81 

44,492  17 
11,612  05 
41,119  75 

2,664,000  00 

$2,836,891  52 


29,975  50 
16,426  00 

$46,401  50 


B. 

-5  statemetU  exhibiting  the  payments  made  on  account  of  the  principal  of  the  public  debt  of  the  Umled  States,  from 

the  1st  January,  1801,  to  the  3lst  December,  1806. 


I.  Six  per  cent,  and  deferred  stocks. 


TKABS. 

Reimbursement. 

Paid  for  lands,  unre- 
deemed amount,  (a. ) 

Piu-chased,  unredeemed 
amount,  (a.) 

Total. 

1801 

1802 
1803 
1804 
1805 

1806 

$1,078,262  54 
1,145,782  87 
1,215,591   70 
1,292,934  28 
1,369,059  73 
1,451,932  47 

$15,213  40 

7,673  22 

4,380  34 

104  69 

16,494  42 

12,316  97 

-          _          - 
$17,517  61 

$1,093,475  94 
1,153,456  09 
1.219,972  04 
1.293,038  97 
1,385,554  15 
1,481,767  05 

Total, 

$7,553,563  59 

$56,183  04 

$17,517  61 

$7,627,264  24 

(«. )  See  note  ^,  at  the  end  of  this  statement. 


240 


FINANCE. 


[1807. 


II.  Three  per  cent,  stock. 


TEAKS. 

Payments  for  lands. 

Stock  issued  for  arrears 
of  interest  on  regis- 
tered   debt,   and  on 
debt   due    to    Moses 
White. 

Decrease. 

Increase. 

1801 

1802 
1803 
1804 
1805 
1806 

$5,088  90 

2,128   10 

96  64 

78  04 

47.177  36 

28,213  80 

$2,267  79 

4,622  61 

497  06 

333   63 

79  71 

93  09 

$2,821    11 

47,097  65 
28,120  71 

$2,494  51 
400  42 
253  59 

Total, 

$82,782  84 

$7,893  89 

$78,039  47 
$3,150  52 

$3,150  52 

Increase  from  1802  to  1804,        ----- 

Nett  decrease,     ------- 

$74,888  95 

III.  Eight,  Navy  six.  and  five  and  a  half  per  cent,  stocks,  and  temporary  loans. 


PAID  FOR  LAi'DS. 

HEIMBCRSED. 

TEAKS. 

Eight. 

Navy  six. 

Five  and  half. 

Temporary  loans. 

Total. 

1801 

1802 
1803 
1804 
1805 
1806 

$1,500 
4,400 
1,300 
ia,200 
31,500 
68,400 

$711,700 

$1,847,500 

$700,000 

1,290,000 

500,000 

250,000 

700,000 

$701,500 

1,294,400 

501,300 

262,200 

731,500 

2,627,600 

Total, 

$119,300 

$711,700 

$1,847,500 

$3,440,000 

$6,118,500 

IV.  Foreign  Debt. 


YEARS. 

Principal. 

Premiums. 

Total. 

1801 

1802 
1803 
1804 
1805 
1806 

$500,000 
1,180,000 
2,988.000 
1,664,000 
1,828,000 
800,000 

$4,000 
5,000 
6,000 
7,000 
8,000 
9,000 

$504,000 
1,185,000 
2,994,000 
1,671,000 
1,836,000 
809,000 

Total, 

$8,960,000 

$39,000 

$8,999,000 

V.  Unfunded  Debt. 


Years. 

Loan  Office 

certificates. 

Registered  debt. 

Supplies  before 
1789. 

Debt  to  fore 
officers. 

ign 

Beaumarchais' 
claim. 

British  debt. 

Total. 

1801 
1802 
1803 
1804 
1805 
1806 

(6)$14,124  41 
(c)  1,089  33 

$9,140  33 
19,085  84 
729  43 
987  00 
193  48 
342   18 

$356  71 

503  61 

10,751   73 

$7,994 
12,123 

r,947 

92 
31 

94 

- 

$41,119  75 

$888,000  00 
888,000  00 
888,000  00 

$23,621  50 
27,584  37 
912,693  80 
888,987  00 
896,141  42 
41,461   93 

$15,213  74 

(f/)  $30,478  31 

$11,612  05 

$28,066 

17 

$41,119  75 

$2,664,000  00 

$2,790,490  02 

fbj  This  sum  discharged  by 

(c)  Paid  in  specie, 

Do.  in  three  per  cent,  stock. 


(dj  Paid  in  specie, 

Do.  in  three  per  cent,  stock. 


$11.022  03  specie. 


842 
246 

72 
61 

$1,089  33 

03 

28 

-  22,831 

-  7,647 

$30,478  31 

1807.] 


Years. 
In  1805, 
In  1806, 


PUBLIC    DEBT. 


VI.  American  claims  assumed  by  the  Louisiana  Convention. 


Total, 


241 


Amount. 
$1,692,586  62 
1,517.312  50 

$3,209,929   12 


RECAPITULATION   OF    PAYMENTS. 


Species  of  debt. 

Amount  paid. 

Years. 

Old  debt. 

Louisiana  claims. 

Total. 

On  foreign  debt. 

Six  per  cent,  and  deferred  stocks, 
Three  per  cent,  stock,    - 
Five  and  a  half  per  cent.  do.     - 
Eight  per  cent.                   do.     - 
Navy  six  per  cent.             do.     - 
Temporary  loans. 
Unfunded  debt. 

$8,999,000  00 

7,627,264  24 

74,888  95 

1.847.500  00 

119,300  00 

711,700  00 

3.440,000  00 

2,790,490  02 

1801 
1802 
1803 
1801 
1805 
1806 

Total, 

$2,325,418  55 
3,657,945  95 
5,627,565  42 
4.114,970  38 
4,896,293  22 
4,987,949  69 

$1,692,586  02 
1,517,342  50 

$2,-325,418  55 
3,057,945  95 
5,627,565  42 
4,114,970  38 
6,588,879  84 
6,505,292   19 

American  claims  assumed  by  the 
Louisiana  Convention,  - 

$25,610,143  21 
3,209,929   12 

$25,610,143  21 

$3,209,929  12 

$28,820,072  33 

$28,820,072  33 

Note  {A.)  Payments  for  land,  purchases,  ^c.  in  six  per  cent,  and  deferred  stocks. 


Years. 

Nominal 
amount. 

Reimbursed 
previous    to 
the  transfer. 

Unredeemed 
amount  at  the 
time  of  trans- 
fer. 

1801,  -------- 

1802,  -------- 

1803,  -              -              

1804,  .--..--- 

1805,  -------- 

1806,  -.--...- 
Purchases  do.             -------- 

$17,227  68 

8,839  06 

5,302  97 

111  82 

20.232  05 

16,336  76 

25,409  18 

$2,014  28 
1,165  84 
922  63 
7  13 
3,737  63 
4,019  79 
7,891  57 

$15,213  40 

7,673  22 

4,380  34 

104  69 

16,494  42 

12,316  97 

17,517  61 

Total, 

$93,459  52 

$19,758  87 

$73,700  65 

c. 

Statement  exhibiting  the  provision  jnadc  before  the  first  days  of  January  of  the  years  1801  to  1807,  respectively, 
for  the  payment,  of  the  Prinripat  of  the  Public  Debt  paid  afterwards,  and  for  the  payment  of  Interest  ivhich 
accrued  0)i  that  debt  subsequent  to  such  days,  respectively. 

PROVISION    MADE    BEFORE   THE    FIRST   DAY    OF    JANUARY,  1801. 

1.  Cash  in  the  hands  of  the  commissioners  at  Amsterdam,  on  31st  December,  1800,  Guilders. 

per  statements.          -               -               -               -               -               -            ,  -  326,235    7    2 

Ditto,  transferred  in  1802,  from  Govenieur  Morris"  account,  being  the  balance  of  a 

sum  formerly  remitted  for  paying  the  interest  on  the  debt  due  foreign  officers,  $41,787  10    8 


Deduct  balance  due  to  I)e  Wolf,  in  Antwerp, 


2.  Remittances  paid  at  the  treasury  before  the  31st  December.  1800,  credited  by 
the  commissioners,  in  1801,  _  _  -  -  - 

Deduct  remittances,  credited  by  commissioners  in  1800,  but  not  paid  at  the  treasury 
till  1801,  ------- 


368,022  17  10 
387     0     0 

367,635  17   10  at  40  cts. 
$147,054   35 

541,362   16 

249,936   12 


291,426  04  at  do.     116,570  48 
3.  Payments  at  the  treasury  before  31st  December.  1800.  for  remittances  which  have  been  protested 
for  non-payment,  and  on  that  day  not  repaid  into  the  treasury,      -  -  -  - 


4.  Proceeds  of  2.200  shares  of  the  Bank  of  the  United  States,  sold  in  1802,  and  then  applied  to  the 
payment  of  the  public  debt,  ------- 

Deduct  interest  accrued  on  the  31st  December,  1800,  and  paid  subsequent  to  that  day.  viz: 

On  domestic  funded  debt,  -----  $114,15613 

On  Dutch  debt,  ------  316,941  66 

On  temporary  loans,         -.-...  96,200  00 

On  registered  debt,  payable  by  Simpson.      -  -  -  -  9,371  75 

On  Beaumarchais''  claim,  ten  years,  ...  -  24,671  85 


48,000  00 

311,624  83 

1,287,600  00 

1,599,224  83 


561,341  39 

$1,037,883  44 


242                                                                       FINANCE.  [1807. 

Provision  made  before  1st  January,  1802. 

Provision,  as  per  statement  A,  of  report  of  connnissioners  of  sinkins;  fund,  of  3d  February,  1804,  1,085,907  60 

Proceeds  of  bank  shares,  sold  in  1802,  and  applied  to  payment  of  debt,         -                -                -  1,287,600  00 


Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,                ......  297,608  27 

On  temporary  loans,        ------  83,325  00 

On  registered  debt,         ------  7,371  75 

On  Beaumarchais'  claim,  eleven  years,        -               -               -               .  27,139  03 


2,373,507  60 


415,444  05 

$1,958,063  55 


Provision  made  before  1st  January,  1803. 


Provision,  as  per  statement  F,  of  report  of  commissioners  of  sinking  fund,  of  3d  February,  1804,        $2,656,933  08 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,  ..----  261,941  66 

On  temporary  loans,        .--.--  38,750  00 

On  registered  debt,  ------  3,871  75 

On  Beaumarchais',  twelve  years,   -----  29,606  22 


334,169  63 
$2,322,763  45 


Provision  made  btfore  1st  January,  1804. 


Provision,  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund,  of  February  5,  1805,  $1,349,136  51 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,                ------  184,17827 

On  temporary  loans,        ....----  33,343  68 

On  registered  debt,          -               -               -               -               -               -  3,871  75 

On  Beaumarchais',  thirteen  years,                .               .               .               .  32,073  40 

On  Louisiana  stock,        ,.--.--  22,121  75 


275,658  85 
1,073,477  66 


Provision  made  before  1st  January,  1805. 


Provision,  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund,  of  February  5,  1806,  $2,316,975  14 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,                ------  137,363  33 

On  temporary  loans,        ------  25,607  62 

On  registered  debt,          -       '         -                -                -                -                -  3,871  75 

On  Beaumarchais',            ------  34,540  59 

'          On  Louisiana  debt,          .--_--  337,500  00 


538,883  -29 
$1,778,091   85 


Provision  made  before  1st  January,  1806. 


Provision,  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund,  of  February  5,  1807,  1,647,475  89 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,  ------  88.933  33 

On  registered  debt,  ------  3,871  75 

On  Beaumarchais',  ...---  37,007  77 

On  Louisiana  debt,  -  -  -  -  -  -  337,350  00 


467,162  85 
$1,180,313  04 


Provision  made  before  1st  January,  1807. 


Provision,  as  per  statement  G,  of  report  of  commissioners  of  sinking  fund,  of  February  5,  1807,  $1,885,927  92 

Deduct  interest  accrued  on  that  day,  and  payable  afterwards,  viz: 

On  Dutch  Debt,  .-.---  58,533  33 

On  registered  debt,  ------  3,871  75 

On  Louisiana  debt,         ------  337,200  00 


399,605  08 
1,486,322  84 


9th  Congress.]  No.  266.  [2d  Session. 


Sir 
su 


M[NT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  3,  1807, 

Treasury  Department,  March  3d,  1807. 


r: 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with 
sundry  statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "  An  act  establishing  a  mint  and 
regulating  the  coins  of  the  United  States,"  passed  on  the  2d  of  April,  1792. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  qf  the  Bouse  of  Representatives. 


1807.] 


THE    MINT. 


243 


Sir: 


Treasury  Department,  Comptroller- s  Office,  March  Sd,  1807. 

The  statements  marked  A,  B.  C,  and  D,  which  you  will  receive,  lieiewith,  have  been  prepared  pursuant  to  tlie 

,,ana  regulating 
the  mint,  which 


J  ne  siaiemenis  marKeu  a,  jj,  \^.  and  i),  which  you  will  receive,  herewith,  have  been  prepare( 
seventh  section  ot  an  act  of  Congress  of  the  2d  of  April,  1792,  entitled   -  An  act  establishing  a  miiit,'and  regulatin 
the  coins  ot  the  United  States.  '     1  hey  contain  all  the  information  concerning  the  transactions  of 


the  settlements  made  at  the  treasury  enable  me  to  give. 

1  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

Albert  Gallatin,  Esq.  Secretary  of  the  Treasury. 


G.  DUVALL. 


Statement  exhibiting  the  balance  of  gold  and  silver  remaining  in  the  hands  of  the  officers  of  the  mint  on  the  31s/ 
December,  1805:  the  amount  of  deposit es  from  \st  January  to  the  ZXst  December,  1806;  the  different  species  of 
coins  made  and  paid  on  account  of  deposites;  allowance  for  wastage,  and  the  balance  remaining  in  the  hands 
of  the  officers  of  the  mint  on  the  said  3lst  December,  1806,  to  be  accounted  for  on  a  future  settlement. 


Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the 
mint  on  the  31st  December,  1805,   ------ 

Gold  bullion  deposited  from  the  1st  January  to  the  31st  December,  1806, 


Amount  paid  on  account  of  deposites  of  gold,  from  tlie  1st  January  to  the 
31st  December,  1806,  -----..- 

Add  balance  of  gold  coins  in  the  Bank  of  the  United  States  on  the  31st  De- 
cember, 1806,  ------.. 

Deduct  this  sum,  being  a  balance  of  gold  coins  remaining  in  the  hands  of  the 
treasurer  of  the  mint  on  the  31st  December,  1805,  .  -  . 

Also,  this  sum,  paid  on  treasury  warrant  No.  7.172,  issued  to  cover  wastage 
in  the  coinage  of  gold  during  the  year  1805,  -  -  .  . 

Gold  coins  made  from  the  1st  January  to  the  31st  December,  1806,  viz:  half 
eagles,  61,093,  and  quarter  eagles,  1,616,  weight  and  value. 

Balance  of  gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 
December,  1806,       ------.. 

Profit  and  loss  for  this  sum  allowed  for  wastage  in  the  coinage  of  gold  and 
silver,  from  the  1st  January  to  the  31st  December,  1806,  -  -  - 

As  above. 

Balance  of  silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 
December,  1805,       ------.. 

Silver  bullion  deposited  from  the  1st  January  to  the  31st  December,  1806,    - 


Amount  paid  on  account  of  deposites  of  silver,  from  the  1st  January  to  the 

31st  December,  1806,  -  - 

Add  balance  of  silver  coins  remaining  in  the  Bank  of  the  United  States  on 

the  31st  December,  1806.     ------- 


Deduct  this  sum,  being  the  balance  of  silver  coins  in  the  Bank  of  the  United 

States  on  the  31st  December,  1805,  -  - 

Also,  this  sum  paid  on  treasury  warrant  No.  7,17'2,  issued  to  cover  wastage 

in  the  coinage  of  silver  during  the  year  1805,  -  ...  - 

Silver  coins  made  from  1st  January  to  the  31st  December,  1806,  viz:  half 
dollars,  839,576,  and  quarter  dollars,  206,124,  weight  and  value. 

Balance  of  silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 
December,  1806,      -  -  -  -  '.".'." 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  silver,  from 
the  1st  January  to  the  31st  December,  1806,  -  .  .  . 

As  above,         -  -  . 


Ounces   Dwt.  Gr. 


41      17     II 


Dollars     Cts.   M. 


20,102 


20.143     18     12 


82     33       5 
498     43       5 


18,253       8       3 

1,822       9     13 

68     00     20 


20,143     18     12 


10,461       5     12 
469,264     12     00 


743     45 
357,369     70 


358,113     15 


324,127     71 
958       6 


325.085     77 


580     77 


324,505       0     0 

32,398     52     5 

1,209     62     5 


358,113     15     0 


479,725     17     12 


12,070     25     5 
541,458     99     0 


553,529     24     5 


479,624     26     5 
17     0 


7,699     39     00 
606       4       5 


408,476       9       8 

69,698       7       1 

1,515       1       3 


479,624     43     5 


8,305  43     5 


471,319       0     0 

80,420     57     0 

1,789  67     5 


479,725     17     12  I        553,529     24     5 


Comptroller's  Office,  February  27,  1807. 


ANDREW  ROSS. 


244 


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THE   MINT. 


245 


Summary  Sialcmoit  exhibiiing  the  value  of  coins  made  ui  the  minU  the  amount  of  disbursements  on  account  of  the 
establishment;  the  amount  a/lowed  for  wastage;  the  amount  retained  of  deposites;  and  the  amount  gained  on  the 
coinage  of  copper,  from  the  commencement  of  the  institution  to  the  31*/  December,  ISOG. 


Value  of  gold,  silver,  and  copper  coins,  mad^-  at  the  mint  to  the  31st  December, 

1805.  pel' account  rendered.  -  -  -  -  .  . 

Value  of  gold  coins  made  from  the  1st  January  to  the  31st  December,  180G.  per 

statement  herewith,  marked  A,  -  -  -  -  - 

Value  of  silver  coins  made  from  1st  January  to  the  31st  December,  180G,  per  said 

statement,  _     - 

Value  of  copper  coins  made  from  1st  January  to  the  31st  December,  180G,  per 

statement  herewith,  marked  B,  -  -  -  -  - 


Total  amount  of  gold,  silver,  and  copper  coins,       -  -  -        - 

Nett  charge  on  the  coinage  of  gold,  silver.and  copper,  to  the  31st  December,  1805. 

per  account  rendered.  ------ 

Add  amount  gained  on  the  coinage  of  copper  to  the  31st  December,  1805,  per 

account  rendered,  -  -  -  -  -  •■  - 

From  the  above,  deduct  amount  of  wastage  on  gold  and  silver,  to  the  same  pe- 
riod. -  -  -  -  -  -  $18,550  04 

Add  to  the  same,  amount  retained  I'rom  deposites  to  the  same  time,    t'.S33  14  5 


Add  amount  disbursed  on  account  of  the  establishment,  from  the  1st  January  to 
the  31st  December,  1806.       -  -  -  -  -  "     . 

Add  also  amount  of  wastage  on  gold  and  silver  to  the  31st  December,  1805. 
Ditto,  Do.  from  1st  January  to  the  31st  December,  180G. 

From  the  above,  deduct  the  amount  retained  from  deposites  to  the  31st  Decem- 
ber, 1805.  -  -  -  -  -  $2,833  14  5 

Also  amount  retained  from  deposites  from  the  1st  January  to  the  31st 

December,  1806,    -----  377  44  5 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  tlie 
institution  to  the  31st  December.  1806,  per  statement  herewith,  marked  B,     - 

Nett  amount  charged  on  the  coinage  of  gold,  silver,  and  copper,  from  the  com- 
mencement of  the  institution  to  the  31st  December.  1806.  including  the  cost 
of  lots,  buildings,  machinery,  &c.         -  -  -  . 


324,505  00 

471.310  00 

5,970  00 


260,249   12  5 
31,092  57 


291.311    69  5 


15.716  89  5 


18,550  01 
2,999  29 


21.519  33 


3,110  59 


$4,635,863  72 


801.791   00 


$5,137,657  72 


275,6.4  80 
19,629  70 


18,438  74 


313.693  21 
31.092  57 


$826,600  67 


Cojiptroller's  Office,  February  •27th.  1807. 

ANDREW  ROSS. 


D. 


Statement  of  the  application  of  moneys  adranredfrom  the  Treasury  of  the  United  Slates  for  the  support  of  the  Mint 

Establishment,  during  the  year  1806. 

Moneys  paid  by  the  treasurer  of  the  mint  on  warrants  drawn  on  him  by  the  Director,   and  admitted  by  the  ac- 
counting officers  of  the  treasury,  on  the  adjustment  of  his  accounts,  were  as  follow,  viz: 

Incidental  and  contingent  expenses,  and  repcnrs  of  the  mint. 

For  89,029  70,  being  the  amount  expended  for  the  requisite  repairs,  apparatus,  machines,  wages  of  workmen,  and 
other  expenses. 

In  the  1st  quarter,  -  -  .  -  .  $1,822  89 

2d       do.  -----  2.391  42 

3d       do.  -  -  -  -  -  2,019  01 

4th      do.  -----  2,796  38 


Salaries  of  the  officers  and  clerks  of  the  7nint. 

In  the  1st  quarter,  -  .  -  . 

2d      do.  -  -  -  . 

3d       do.  .  -  -  . 

4th     do.  -  -  .  . 

TVastage  in  the  coinage  of  gold  and  silver. 

Applied  to  make  good  the  deficiency  in  said  coinage  for  the  year  1805, 
Balance  to  be  accounted  for  by  the  treasurer  of  the  mint,      -  - 


2,650  00 
2,650  00 
2,650  00 
2,650  00 


9,029  70 


10.600  00 


1.104  48 

5.878  85 

$26,613  03 


32 


tt 


246  FINANCE.  L1807. 

Balance  which  was  to  be  accounted  for  by  tlie  mint,  on  the  1st  January,  1806,  as  per  statement  for  the 

preceding  year,  -----...  6,908  55 

Advanced  from  the  treasury  for  the  Mint  Establishment,  viz: 

For  the  salaries  of  the  officers  and  clerks,             --....  10,60000 

For  the  puichase  of  copper  and  incidental  expenses,          -                -                .                .                .  8,000  00 

Warrant  No.  7172,  for  deficiencies  in  coinage  in  1805,    -----  1,10448 

$26,613  03 


Account  of  Cents  and  Half  Cents  paid  into  the  Treasury  of  the  United  States  by  the  treasurer  of  the  mint,  in  the 

year  1806. 

In  the  1st  quarter,  .  -  .  .  -  1^795  00 

2d       do.  .  -  -  -  .  1^555  00 

3d       do.  -----  1,410  00 

4th      do.  -----  1^210  00 


$5,970  00 


Treasury  Department,  Register's  Office,  February  28th,  1807. 

JOSEPH  NOURSE,  Register. 


Statement  of  the  appropriations  made  by  law,  for  the  Mint  Establishment,  for  the  year  one  thousand  eight  hundred 
and  six,  tvith  the  amount  of  Warrants  drawn  by  the  Secretary  of  the  Treasury  on  said  appropriations. 

Amount  passed  to  the  credit  of  the  surplus  fund,  to  the  31st  December,  1805,  for  so  much  which  remained  unex- 
pended on  the  31st  December,  1803,  of  moneys  appropriated  for  the  contingent  expenses  of  the  mint,    $6,173  28 
Amount  of  warrants  drawn  on  the  Treasurer,  in  favor  of  the  mint,  for  the  services  of  the  year  1806,  9,104  48 

Balance  unexpended  on  the  1st  January,  1807,  --------  67,454  31 


J,732  07 


Balance  of  the  several  appropriations  for  the  mint  establishment,  unexpended  on  the  1st  of  January,  1806,  as  stated 
in  a  communication  of  the  .Secretary  of  the  Treasury,  to  the  House  of  Representatives,  of  the  29th  ot  March, 
1806.    -  -  -  -  -  -  -  -  -  -  -  -  -         $66,362  07 

Appropriated  by  an  act  respecting  the  mint,  dated  24th  April,  1800,  being  the  amount  of  cents  and 

lialf  cents  paid  into  the  treasury,  in  1806,      --------  5,970  00 

Appropriated  by  an  act  making  appropriations  for  the  support  of  Government,  for  the  year  1806,  passed 

the  1 8th  of  April,  1806,  ---------..  10,400  00 

.732  07 


Statement  of  the  appropriatiotis  made  by  law,  for  the  payment  of  the  salaries  of  the  officers  and  clerks  of  the  Mint, 

for  the  year  one  thousand  eight  hundred  and  six. 

Amount  of  warrants  drawn  on  the  Treasurer  of  the  United  States,  for  the  salaries  of  the  officers  and  clerks,  in 
1806,         -.----.-..  $10,600  00 


Appropriated  by  the  act  making  appropriations  for  the  support  of  Government,  for  the  year  1806, 

passed  the  18th  April,  1806,  --------         $10,600  00 

Treasury  Department,  Register's  Office,  February  28th,  1807. 

JOSEPH  NOURSE,  Register. 


10th  Congress.]  No.  267.  [1st  Session. 


STATE  OF   THE   FINANCES. 

communicated   to    the    senate,    NOVEMBER     7,   1807. 

In  obedience  to  the  directions  of  the  act  supplementary  to  the  act,  entitled  "  An  act  to  establish  the  Treasury 
Department,*'  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

REVENUE  AND  RECEIPTS. 

The  nett  revenue  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  the  year 
1805.  amounted  to  -  -  -  -  -  ...  $14,135,138 


And  that  which  accrued  during  the  year  1806,  amounted,  as  will  appear  by  the  statement  A,  to         $16,576,454 

The  same  revenue,  after  deducting  that  portion  which  arose  from  the  duty  on  salt,  and  from  the 
additional  duties  constituting  the  Mediterranean  fund,  amounted,  during  the  year  1805,  to  -  12.520,532 

And  during  the  year  1806,  to         -  -  -  -  -  -  -  14,809,758 

It  is  ascertained  that  the  nett  revenue,  which  has  accrued  during  the  three  first  quarters  of  the  year  1807,  ex- 
ceeds that  of  the  corresponding  quarters  of  the  year  1806;  and  that  branch  of  the  revenue  may,  exclusively  of  the 
duty  on  salt,  and  of  the  Mediterranean  fund,  both  of  wliich  expire  on  the  first  day  of  January  next,  be  safely  esti- 
mated, for  the  present,  and  if  no  change  takes  place  in  the  relations  of  the  United  States  with  foreign  nations,  of 
fourteen  millions  of  dollars. 


1807.]  STATE   OF  THE   FINANCES.  247 


The  statement  B  exhibits  in  detail  the  several  species  of  merchandise,    and  otlier  sources,  from  which  that 
revenue  was  collected  during  tlie  year  180G. 

It  appears,  by  the  statement  ('.  that  the  sales  of  the  public  lands  have,  during  the  year  ending  on  the  30th  of 
September,  1807,  exceeded  281,000  acres.  Some  returns  are  not  yet  received;  and  the  proceeds  of  sales  in  the 
Missisippi  territory,  benig,  alter  deducting  tlu-  surveying  and  other  incidental  expenses,  appropriated,  in  the  iirst 
place,  tothe  payment  of  a  sum  of  1,250,000  dollars  to  the  State  of  Georgia,  have  not  been  included,  but  are  distinctly 
stated.  The  actual  payments  by  purchasers,  have,  during  the  same  period,  exceeded  080,000  dollars;  and  the 
receipts  into  the  treasury  from  that  source,  may,  after  deducting  charges,  and  the  hve  per  cent,  reserved  for  loads, 
be  estimated,  for  the  ensuing  year,  at  live  hundred  thousand  dollars. 

The  receipts  arising  from  the  permanent  revenue  of  the  United  States,  may,  therefore,  without  including  the 
duties  on  postage,  and  other  incidental  branches,  be  computed,  for  tiie  year  1808,  at     -  -  $14,500,000 

And  the  payments  into  the  treasury  iluring  the  same  year,  on  account  of  the  salt  and  Mediterra- 
nean duties,  previously  accrued,  are  estimated  at  -  -  -  .  .  1,300,000 

Making,  in  the  whole,  an  aggregate  of  -  $15,800,000 

LAST  QUARTER  OF  THE  YEAR   1807. 

The  balance  in  the  treasury,  which,  on  the  30th  day  of  September,    1806,  amounted  to  $5,19G.9G9  77,  did,  on 
the  30th  day  of  September,  1807,  amount  to  -  -  -  -  -  $8,530,000 

The  receipts  into  the  treasury  from  the  1st  of  October  to  the  31st  of  December,  1807,  are  esti- 
mated at  -.-.-....  4.000,000 


$12,530,000 


The  expenses,  during  the  same  period,  for  all  objects  whatever,  the  public  tlebt  excepted,  and  including  086,076 
dollars  for  the  extraordinary  expenditures  of  the  Navy  Department,  of  which  the  estimate  has  been  transmitted, 
are  estimated  at        --------  -  $1,700,000 

The  oidinary  payments  on  account  of  the  public  debt,  including  the  provision  for  the  interest  on 
the  Louisiana  and  Dutch  debt,  to  the  1st  July,  1808,  are  estimated  at  -  -  -  1,700,000 

A  further  sum  of  about  1,500,000  dollars,  shoulsl  also  be  paid  during  this  quarter,  in  order  to 
complete  the  annual  appropriation  of  8.000,000  of  dollars.  If  the  whole  of  this  sum,  which  is  applica- 
ble to  the  purchase  of  the  eight  per  cent,  stock,  cannot  be  expended  this  year,  the  unexpended  ba- 
lance will  form  an  additional  expenditure  for  the  year  1808,  charging  however,  the  whole  to  this 
quarter,      -----..--.-  1,500,000 


Makes  an  aggregate  of  .-...-  $4,900,000 

And  will  leave  in  the  treasury,  at  the  close  of  the  year,  a  balance  of  about  seven  millions  six 
hundi-ed  thousand  dollars.       -..-..-.  7,630,000 


12,530,000 


EXPENDITURES  OF  THE  YEAR  1808. 

The  permanent  expenses,  calculated  on  a  peace  establishment,  are  estimated  at  $11,600,000,  and  consist  of  the 
following  items,  viz: 

1st.  For  tlie  Civil  department,  and  all  domestic  expenses  of  a  civil  nature,  includingj.!nvalid  pen- 
sions, the  light  house  and  mint  establishments,  the  expenses  of  surveying  public  lands  and  the  sea 
coast,  the  lifth  instalnient  of  the  loan  due  to  Maryland,  and  a  sum  of  100,000  dollars,  to  meet  such 
miscellaneous  appropriations,  not  included  in  the  estimates,  as  may  be  made  by  Congress,  -  $1,100,000 

2d.  For  expenses  incident  to  the  intercourse  with  foreign  nations,  including  the  permanent 
appropriation  (or  Algiers,         --------  200,000 

3d.  For  the  Military  and  Indian  departments,  including  trading  houses,  and  the  permanent  appro- 
priations for  certain  Indian  tribes,  -------  1,280,000 

4th.  For  {!:.' Naval  establishment,     -------  1,020,000 

5th.  The  annual  appropriation  of  eight  millions  of  dollars,  for  the  payment  of  the  principal  and 
interest  of  the  public  debt,  of  which  sum  not  more  than  3,400,000  dollars  will,  for  the  year  1808,  be 
applicable  to  the  payment  of  interest,  --...-..  8,000,000 

$11,600,000 
To  the  permanent  expenses  must  be  added,  for  the  year  1S08,  a  sum  of  about  800,000  dollars,  ne- 
cessary, in  addition  to  the  annual  appropriation  of  eight  millions  of  dollars,  to  complete,  on  the  1st 
January,  1809,  the  reimbursement  of  the  eight  per  cent,  stock,         -----  800,000 

And  for  paying  the  balance  of  American  claims  assumed  by  the  French  convention,     -  -  200,000 


Making,  altogether,  for  the  expenses  of  that  year,  -  .  -  -  $12,600,000 

The  receipts  of  that  year  having  been  estimated  at  -  -  -  ,  $15,800,000 

And  the  probable  balance  in  the  treasury,  on  the  1st  January  next,  at     -  -  7,630,000 


Making,  altogether,  .  .  -  .  .  $23,430,000 

Would,  therefore,  probably,  leave  in  the  treasury,  on  the  1st  January,  1809,  a  balance  of  near  ele- 
ven millions  of  dollars,  ----------  10,830,000 


$23,430,000 


PUBLIC  DEBT. 

It  appears  by  the  statement  D,  that  tlie  payments  on  account  of  the  principal  of  the  public  debt,  tiave,  during  the 
year  ending  on  the  30th  day  of  September,  1807,  exceeded  four  millions  six  hundred  thousand  dollars;  r.iaking  the 
total  public  debt  reimbursed  from  the  1st  of  April,  1801,  to  the  1st  of  October,  1807,  about  twenty-live  millions 
eight  hundred  and  eighty  thousand  dollars,  exclusively  of  more  than  six  millions  which  have  been  paid  iluriug  the 
same  peiiod,  in  conformity  with  the  provisions  of  the  treaty  and  convention  with  Great  Britain,  and  of  the  liOuisi- 
ana  convention. 

Of  the  twelve  millions  of  dollars,  which,  according  to  the  preceding  estimates,  may  be  paid  on  account  of  the 
public  debt,  between  the  30th  September,  1807,  and  the  1st  January,  1809,  about  eight  millions  will  be  on  account  of 
the  principal.  It  must,  however,  be  observed,  that  the  unascertained  result  of  the  proposition  made  to  the  public 
creditors,  for  a  modification  of  the  debt,  may  affect  the  amount  payable  during  the  year  1808,  on  account  of  both 
principal  and  interest. 


248  FINANCE.  [1807. 


Oa  the  first  day  of  January,  1809,  the  principal  of  the  debt  will,  if  tiie  proposed  modification  be  not  assented  to 
by  tlie  public  creditors,  ami>unt  to  near  fifty-seven  millions  and  five  hundred  thousand  dollars;  tiie  subsequent 
annual  payments  thereoii,  on  account  of  principal  and  inteiest,  wdl  not,  exclusively  of  occasional  purchases, 
exceed  1,600,000  dollars;  and  the  whole  of  the  debt,  the  nineteen  millions  three  per  cent,  stock  only  excepted  wU 
be  reimbursed  in  sixteen  years. 

A  general  subscription  would  reduce  the  capital  to  about  fifty-one  millions  of  dollars;  the  payments  would 
amount  to  eight  millions  of  dollars,  annually,  during  six  years,  and  average  less  than  three  mdlions  during  the  seven 
following;  ;it  the  end  of  which  period  the  whole  debt  would  be  extingished. 

An  annual  unappropriated  surplus  of  at  least  three  millions  of  dollars  may,  henceforth,  be  relied  upon  with  great 
confidence.  The  receipts  of  the  year  1808  have  been  estimated  at  15,800,000  dollars,  and  the  expenses  at  12,600,000 
dollars.  Tiie  permanent  revenue  has  been  computed  at  14,500,000  dollars:  and  the  permanent  expenses,  predicated 
o:i  an  annual  payment  of  eight  millions  of  dollars  on  account  of  the  debt,  have  been  stated  at  11,600,000  dollars; 
and.  as  these  would,  if  no  modification  of  the  debt  shall  take  place,  be  reduced  to  less  than  8,500,000  dollars,  the 
annual  surplus  would  then  amount  to  six  millions  of  dollars.  Nor  are  the  seven  millions  and  a  half  of  dollars,  which 
•,vill  remain  in  the  treasury  at  the  end  of  the  present  year,  included  in  the  calculation. 

What  puriioii  of  that  surplus  may  be  wanted  for  necessary  measures  of  security  and  defence;  what  portion  should 
be  applied  to  internal  improvements,  which,  while  increasing  and  dittiising  the  national  wealth,  will  strengthen  the 
bonds  of  union,  are  the  subjects  which  do  not  fall  within  the  province  of  the  Treasury  Department.  But  it  is  not 
improbable  that,  after  making  ample  provision  for  both  those  objects,  considerable  surplusses,  and  which  can  no 
longer  be  applied  to  the  redemption  of  die  debt,  may  still  accumulate  in  the  treasury. 

A  previous  accumulatiuii  of  treasure,  in  time  of  peace,  might  in  a  great  degree  defiay  the  extraordinary  expenses  of 
war,  and  diminish  the  necessity  of  either  loans  or  additional  taxes.  It  would  provide,  during  periods  of  prosperity,  for 
those  adverse  events  to  which  every  nation  is  exposed,  instead  of  increasing  the  burthens  of  the  People  at  a  time 
when  they  are  least  able  to  bear  them,  or  of  impairing,  by  anticipations,  the  resources  of  ensuing  generations.  And 
the  public  moneys  of  the  United  States  not  being  locked  up  and  withdrawn  fiom  the  general  circulation,  but,  on 
the  contrary,  deposited  in  banks,  and  continuing  to  form  a  part  of  the  circulating  medium,  the  most  fi)rmidable 
ojection  to  that  system,  which  has,  nevertheless,  been,  at  times,  adopted  with  considerable  success,  in  other  countries, 
is,  thereby,  altogether  removed.  It  is  also  believed  that  the  renewal  of  the  charter  of  the  Bank  of  the  United  States 
may,  amongst  othei'  advantages,  aftijrd  to  Government  an  opportunity  of  obtaining  interest  on  the  public  deposites, 
whenever  they  shall  exceed  a  certain  amount.  Should  the  United  States,  contrary  to  their  expectation  and  de- 
sire, be  involved  in  a  war.  it  is  believed  that  the  receipts  of  the  year  1808  will  not  be  materially  aiVected  by  the  event, 
inasmuch  as  they  will,  principally,  arise  from  the  revenue  accrued  during  the  present  year.  The  amount  ot  outstanding 
bonds  due  by  iinporters,afterdeductingthedebenturesissuedonaccountofre-exportations,exceeds,at  this  time,  sixteen 
millions  (jf  dollars.  The  deductions  to  be  made  from  these,  on  account  of  subsequent  re-exportations,  would,  in 
case  of  war,  be  less  than  usual:  for,  exportations  will  then  be  checked  as  well  as  importations;  and,  in  proportion 
as  these  will  decrease,  a  greater  home  demand  will  be  created  for  the  stock  on  hand,  and  the  necessity  of  re-export- 
ing be  diminished. 

It  has  already  been  stated  that  the  specie  in  the  treasury,  at  die  end  of  this  year,  together  vrith  the  surplus  of 
the  year  1808,  will  amount  to  near  eleven  millions  of  dollars — a  sum  probably  adequate  to  meet  the  extraordinary 
expenses  of  a  war  for  that  year.  It  will  also  be  recollected,  that,  in  the  estimated  expenses  of  the  year  1808,  a 
reimbursement  of  near  five  millions  and  a  half  of  the  principal  of  the  debt  is  included.  The  only  provision,  therefore, 
which  may,  under  any  contingency,  be  necessary  for  the  extraordinary  service  ot  that  year,  in  order  to  cover  any 
deficiency  of  revenue  or  increase  of  expenditure  beyond  what  has  been  estimated,  will  be  an  authority  to  borrow  a 
sum  equal  to  that  reimbursement. 

That  the  revenue  of  the  United  States  will,  in  subsequent  years,  be  considerably  impaired  by  a  war,  neither  can, 
or  ought  to  be  concealed.  It  is,  on  the  contrary,  necessary,  in  order  to  be  prepared  for  the  crisis,  to  take  an  early 
view  of  the  subject,  and  to  examine  the  resources  which  should  be  selected  for  supplying  the  deficiency  and  defraying 
the  extracrrdinary  expenses. 

There  are  no  data  from  which  the  extent  of  the  defalcation  can,  at  this  moment,  be  calculated,  or  even  estimated. 
It  w  ill  be  sufficient  to  state,  1st.  That  it  appears  necessary  to  provide  a  revenue  at  least  equal  to  the  annual  expenses 
on  a  peace  establishment,  the  interest  of  the  existing  debt,  and  the  interest  on  the  loans  which  may  be  raised.  2dly. 
That  those  expenses,  together  with  the  interest  of  the  debt,  will,  after  die  year  1808,  amount  to  a  sum  less  than 
seven  millions  of  dollars,  and,  therefore,  that,  if  the  present  revenue  of  14,500,000  dollars  shall  not  be  diminished 
more  than  one  half  by  a  war,  it  will  still  be  adequate  to  that  object,  leaving  only  the  interest  of  war-loans  to  be  pro- 
vided for. 

Whether  taxes  should  be  raised  to  a  greater  amount,  or  loans  be  altogether  relied  on  for  defraying  the  expenses 
of  the  war,   is  the  next  subject  of  consideration. 

Taxes  are  paid  by  the  great  mass  of  the  citizens,  and  immediately  aft'ect  almost  every  individual  of  the  commu- 
nity. Loans  are  supplied  by  capitals  previously  accumulated  by  a  few  individuals.  In  a  country  where  the  resources 
of  individuals  are  not  generally  and  materially  aftected  by  the  war,  it  is  practicable  and  wise  to  laise  by  taxes  the  greater 
part  at  least  of  the  annual  supplies.  The  credit  of  the  nation  may,  also,  from  various  circumstances,  be  at  times  so 
far  impaired  as  to  leave  no  resource  but  taxation.  In  both  respects  the  situation  of  the  United  States  is  totally  dis- 
similar. 

A  maritime  war  will,  in  the  United  States,  generally  and  deeply  att'ect,  whilst  it  continues,  the  resources  of  in- 
dividuals; as  not  only  commercial  profits  will  be  curtailed,  but,  principally,  because  a  great  portion  of  the  surplus  of 
agricultural  produce  necessarily  requires  a  foreign  market.  The  reduced  price  of  the  principal  articles  exported  from 
the  United  States  will  operate  more  heavily  than  any  conteiii plated  tax.  And,  without  inquiring  whether  a  similar 
cause  may  not  still  more  deeply  and  permanently  aft'ect  a  nation  at  war  with  the  United  States,  it  seems  to  follow 
that,  so  far  as  relates  to  America,  the  losses  ami  privations  caused  by  the  war  should  not  be  aggravated  by  taxes  be- 
yond what  is  strictly  necessary.  An  addition  to  the  debt  is  doubtless  an  evil;  but  experience  having  now  shown  with 
what  rapid  progress  tlie  revenue  of  the  Union  increases  in  time  of  peace;  with  what  facility  the  debt  formerly  con- 
tracted has,  in  a  lew  years,  been  reduced;  a  hope  may  confidently  be  entertained  that  all  the  evils  of  the  war  will 
be  temporary,  and  easily  repaired;  and  that  the  return  of  peace  will,  without  any  etVort,  att'ord  ample  resources  for 
reimbursing  whatever  may  have  been  borrowed  during  the  war. 

The  credit  of  the  Uniteil  States  is  also  unimpaired,  either  at  home  or  abroad;  and  it  is  believed  that  loans  to  a 
reasonable  amount  may  be  obtained  on  eligible  terms.  .Measures  have  been  taken  to  ascertain  to  what  extent  diis 
may  be  eflected  abroad.  And  it  will  be  sufficient  here  to  suggest,  that  the  several  banks  of  the  United  States  may 
find  it  convenient,  after  the  ensuing  year,  and  as  the  diminished  commerce  of  the  country  may  require  less  capital, 
to  loan  to  Government  a  considerable  portion  of  their  capital  stock,  now  computed  at  about  forty  millions  of  dollars. 

It  might  be  premature  to  enter  into  a  particular  detail  of  the  several  branches  of  revenue  which  may  be  selected 
in  order  to  provide  for  the  interest  of  war-loans,  and  to  cover  deficiencies,  in  case  the  existing  revenue  should  fall 
below  seven  millions  of  dollars.     A  general  enumeration  seems  at  present  sufficient. 

1.  Not  only  the  duty  on  salt  and  the  Mediterranean  duties  may  be  immediately  revived,  but  the  duties  on  im- 
portation generally,  may,  in  case  of  war,  be  considerably  increased,  perhaps  doubled,  with  less  inconvenience  than 
would  arise  from  any  other  mode  of  taxation.  Without  resorting  to  the  example  of  other  nations,  experience  has 
proven  that  this  source  of  revenue  is,  in  the  United  States,  the  most  productive,  the  easiest  to  collect,  and  the  least 
burthensome  to  the  great  mass  of  the  people.  In  time  of  war,  the  danger  of  smuggling  is  diminished;  the  scarcity  of 
foreign  articles  prevents  the  duty  ever  falling  on  the  importer;  the  consumers  are  precisely  those  members  of  the 
community  who  are  best  able  to  pay  the  duty;  and  the  increase  of  domestic  manufactures,  which  may  be  indirectly 
aftected,  is  in  itself  a  desirable  object. 

2.  Indirect  taxes,  however  ineligible,  will  doubtless  be  cheerfully  paid  as  war  taxes,  if  necessary.  Several 
modifications  of  the  system  formerly  ;-.dopted,  might,  however,  be  introduced,  both  in  order  to  diminish  some  of 
the  incoveniences  which  were  experienced,  and  particularly  to  ensure  the  collecdon  of  the  duties. 


IB07 


STATE    OF    THE    FINANCES. 


249 


3.  Direct  taxes  are  liable  to  a  particular  objection,  arisin-  from  unavoidable  inequality,  produced  by  the  general 
rnle  of  he  constitution.  \Vha  ever  difference  may  exist  between  the  relativ  wealth  anil  consequent  ability  of"  pay 
nig  of  the  several  States,  still  the  tax  must,  necessarily,  be  raised  in  proportion  to  tlii-ir  relative  population.  Should 
it,  hovvever.  become  necessary  to  resort  to  that  resource,  it  is  believ;-d  that  a  tax,  raised  up.m  that  species  of  pro- 
perty in  each  State,  which,  by  the  State  laws  is  lable  to  taxation, as  had  originally  been  contemplated  by  Congress 
would  be  pre  erable  to  a  general  assessment,  laid  uniformly  on  the  same  species  of  property  i„  all  the  States  as  was 
ultimately  adopted.  t     ■       j  ^         ,  a^  rras 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treamry. 


Treasury  Department,  November  bt/t,  1S07. 


.^  Statemmt  e.rhibiting  the  umoiint  of  Duties  ivhich  accrued  on  Merchandise,  Tonnage,  Passports  and  Clearances- 
of  DebentMres  issued  on  the  exportation  of  foreign  Merchandise;  of  Payments  for  Bounties'and  .ilhm-anccs- 
and  jor  Lxpenses  oj  Collection,  dtmng  the  years  1805  and  1806.  ' 


1805 
1806 


nCTIES    ov 


Merchandise. 


.$•23,601,709  56 
!$26,295,055  47 


Tonnage.    1  Passports  and 
clearances. 


215,731   20 
219,329  37 


18.954  00 
20,318  00 


Debentures 
issued. 


8,955,745  00 
9,146,875  00 


Hounties  & 
allowances 


190,674  04 
198,751   02 


Gross  revenue. 


14,689,975  72 
«.  17, 189,076  82 


Expensts  on 
collection. 


554,836  76 
612,622   13 


Nett  revenue. 


14,135,138  96 
16,576,454  09 


(«.)  Gross  revenue  for  the  year  1806, 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B, 


817,189,076  82 
18,796  92 

$17,170,279  90 


.4  Statement  of  the  amount  of  .fljnerican  and  Foreign  Tonnage  employed  in  Foreign  Trade,  for  the  year  1806, 

as  taken  from  the  records  of  the  Treasury. 


American  tonnage  in  fv)reign  trade,  ----,.-. 

Foreign  tonnage,        --------... 

Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 

Proportion  of  foreign  tonnage  to  tlie  wlmle  amount  of  tonnage  employed  in  the  foreign  trade  of 
the  United  States,  ------...-. 


Tons,     1,044,005 
90,985 


1,134,990 


6.8  to  100 


Treasury  Department,  Register's  Office.,  November  4,  1807. 


JOSEPH  NOURSE.  Register. 


B. 

.?  Statement  exhibiting  the  Value  and  Quantities,  respectively,  of  Merchandise  on  which  duties  actually  accrued 
during  the  year  1806,  (consisting  of  the  difference  between  articles  paying  duty,  imported,  and  those  entitled  to 
ilrau-bctck,  re-exported)  and,  also,  of  the  nett  revenue  which  accrued,  during  that  year,  from  duties  on  Mer- 
chandise, Tonnage,  Passports,  and  Clearances. 


Goods  paying  Duties  ad  valorem. 

35,844,748  dollars,  at  12;^  per  cent 
8,372,528         do.  15         do. 

570,203         do.         20         do. 

Additional  duty  on  844,782.413.  at  2|  per  cent. 

44.787.479 


{(I.)  Spirits.     10.479.093  gallons,  at  29.3  cents,  average, 
(6.)  Sugar,      73.318,749  lbs.  at    2.5  cents,  average, 

(c.)  Salt,  3,184,099  bushels,  at  20      cents, 

(d.)  Wines,      1,386,838  gallons,  at  37.6  cents,  average, 
(f. )  Teas,         4,750,881  lbs.         at  20.3  cents,  average, 

Coffee,     17,345,188  lbs.  at     5     cents. 

Molasses.  8.533.590  gallons,  at     5      cents. 
(/.)  .\11  other  articles,      '--■■- 


-      $4,480,593  50 

1,255,879  20 

114,040  60 

(.?.)!, 119, 560  32 

!$6.970,073   62 

3,074.398  19 
1,843,199  84 
636,819  80 
521.527  02 
966,686  11 
867,259  40 
426,679  50 
1,014,841   30 


S16. 321.484  78 
Deduct  duties  refunded,  after  deducting  therefrom  duties  coUecied  on  inerchan- 
ilise.  the  particulars  of  which  could  not  be  ascertained,  and  difference  in  cal- 
culation. ---.----..  17,400  69 


Sj  per  cent,  retained  on  drawbacks,     -  -  -  -  - 

Extra  duty  often  per  cent,  on  merchandise  imparted  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise,  .  _  -  . 

Duties  on  tonnage,        --..--.- 
Light  money,  ---.... 


$166,798  31 
52.531   06 


$16,304,084  09 
334.247  39 
196.301   05 

616,834,632  53 


219,329  37 


250 


FINANCE. 


[1807. 


Duties  on  passports  and  clearances,    ;  " 

Sundry  accounts  not  yet  received,  estimated  at  -  -  -  - 

Gross  revenue,  as  per  statement  A,     - 

Deduct  expenses  of  collection,  .-.--- 

Nett  revenue,        .  -  -  - 

■     '■>  .   •        '  Explanatory  Statements  and  Notes. 

(»-?.)  Additional  duty  of  2J  per  cent.  ':         .  -  -  -  . 

35  per  cent,  retained  on  drawback,         -  -  '  r     ■  ' 

Extra  duty  of  ten  per  cent,  on  merchandise  imported  in  foreign  vessels, 


20,318  00 
96,000  00 


$17,170,279  90 
612,622  13 

$16,557,657  77 


,119,560  32 
6,277  51 
4,039  99 


1,129,877  82 


(a.)  Spirits- 

Grain,                   1st  proof. 

1,088,977 

2d    do. 

15,253 

3d    do. 

12,346 

;      "  '                   4th   do. 

126,469 

5th   do. 

1,746 

Other  materials,  1st  &  2d  do. 

.    1,684,998 

3d  proof. 

3,005,857 

4th    do. 

4,531,285 

5th    do. 

11,988 

.   •  ■  i         i                                 6th    do. 

174 

Gallons, 

10,479,093 

gallons,  at  28  cents. 


do. 

29 

do. 

31 

do. 

34 

do. 

40 

do. 

25 

do. 

28 

do. 

32 

do. 

38 

do. 

46 

(6.)  Sugar — 

Brown,  71,271,927  pounds,  at  2^  cents. 

White,  clayed,    2,046,722      do.  3 

Pounds,     73,318,649 


198,751  02,  reduced  into 


(c.)  Salt- 
Imported,  bushels  of  56  pounds 
Exported,       -  -  -  - 

Amount  of  bounties  and  allowances, 
' '  bushels,  at  the  present  rates. 

Paying  duty,  bushels  of  56  pounds, 

(rf.)  Wines- 
Madeira,  1st  quality. 

Do.        2d    do. 
Sherry  and  St.  Lucar,     - 
Lisbon  and  Oporto, 
Burgundy  and  Champai^ne, 
Tenerifte,  Fayal,  and  Malaga,    - 
Other,  in  bottles. 
Other,  in  casks, 

■■    '  Gallons, 


(c. )  Teas — 

Bohea,         -  -  - 

Souchong,  ..---- 

Hyson,        ------- 

Other  green,  -  -  -  -  -  ■ 

Extra  duty  on  teas  imported  from  other  places  than  India, 


84,850 
993,755 


4,262,704 


$304,913  56 

4,423  37 

3,827  26 

42,999  46 

698  40 

421,249  50 

841,639  96 

1,450,011   20 

4,555  44 

80  04 

^,074,398   19 


$1,781,798  18 
61,401  66 

$1,843,199  84 


1,078,605 

3,184,099  at  20  cts.  $636,819  80 


289,431  gallons. 

at  58  cents, 

23,219 

do. 

50      - 

312,122 

do. 

40       - 

472,722 

do. 

30       - 

6,345 

do. 

45       - 

70,554 

do. 

28       - 

32,511 

do. 

35       - 

179,904 

do. 

23       - 

1,386,838 

$167,869  98 

11,624  50 

124,848  80 

141,816  60 

2,855  25 

19,755  12 

11,378  85 

41,377  92 

$521,527  02 


393,920  pounds, 

at  12  cents. 

$47,270  40 

1,534,115         do. 

18 

276,140  7;) 

645,872         do. 

32 

206,679  04 

2,176,974         do. 

20 

435,394  80 

- 

- 

1,201    17 

4,750,881 


$966,686  11 


18G7.] 


STATE    OF   THE    FINANCES. 


251 


Explanatory  Statements  and  Notes — Continued. 


(/) 


ALL  OTHER   ARTICLES,    VIZ. 


Beer,  ale,  and  porter,  -  -  jjallons, 

Cocoa,                  -  -  -  pounds. 

Chocolate,            -  -  do. 

Sugar  candy.       -  -  -  do. 

loaf,           -  -  -  do. 

other  refined  and  lump,  -  do. 

Almonds,              -  -  do. 

Currants,             -  -  -  do. 

Prunes  and  plums.  -  -  do. 

Figs,         -            -  -  -  do. 

Raisins  in  jars,  and  muscadel,  -  do. 

all  other,  -  -  do. 

Candles,  tallow.  -  -  do. 

wax,     -  -  -  do. 

Cheese,                .  .  -  (lo. 

Soap,    -               -  -  -  do. 

Tallow,                -  -  -  do. 

Mace,                    -  -  -  do. 

Nutmegs,             -  -  -  do. 

Cinnamon,           -  -  -  do. 

Cloves,                -  -  -  do. 

Pepper,                -  -  -  do. 

Pimento.              -  -  •  do. 

Chinese  cassia.  -  -  do. 

Tobacco  manufactured,  other  than  snuH'  and 

cigars,             -  -  -  do. 

Snuft'.     -             -  -  -  do. 

Indigo.                 -  -  -  do. 

Cotton.                -  -  -  do. 

Powder,  haii'.      -  -  -  do. 

gun,       -  -  -  do. 

Starch,                  -  -  -  do. 

Glue,     -               -  -  -  do. 

Pewter  plates  and  dishes,  do. 

Anchors  and  sheet  iron,  -  -  do. 

Slit  and  hoop             do.  -  do. 

Nails.      -            -  -  -  do. 

Spikes,                 -  -  -  do. 

Quicksilvei'.         .  -  -  Jo. 

Ochre,  yellow,  in  oil.  -  do. 

dry,  yellow,  -  -  do. 

Spanish  brown,    -  -  -  do. 

White  and  red  lead,  -  -  do. 

Lead,  and  manufactures  of  k'ad.        -  do. 

Seines,                 -  -  -  do. 

Cordage,  tarred,  -  -  do. 

untarred.  -  -  do. 

Twine  and  packthread.  -  -  cwt. 

Glauber  salts.      .  -  -  do. 

Coal,    -.               -  -  -  bushels. 

Fish,  dried,  -  -  quintals, 

pickled,  salmon.  -  -  barrels, 

mackerel.  -  -  do. 

other,  -  -  do. 

Cables,                .  .  .  pounds. 

Steel,    -               -  -  -  cwt. 

Hemp,                 .  .  -  Jo. 

Glass,black  quart  bottles,  -  groce, 

window,  not  above  8  by  10,  100  sq.  ft. 

10  by  12,  do. 

all  above  10  by  12.  do. 

Cigars,                 -  -  -  M. 

Lime,                   •  -  -  casks, 

Boots,                   ...  pairs. 

Shoes,  silk,          -  -  -  do. 

kid,  morocco,  &c.  -  -  do. 

all  other,  -  -  do. 

Cards,  wool  and  cotton,  -  -  dozens, 

playing,  -  -  packs. 


aUANTITIES. 


Excess  of 
importation 
over  expor- 
tation. 


181,815 

1,118,2.32 

2,117 

1,573 

3,180 

976 

282,517 

372,097 

60,479 

408,449 

773,398 

2,412,221 

175,820 

6.254 

262,846 

819,241 

1,755,841 

173 


1,848,617 
468,008 
181,802 

6,638 

16,562 

264,163 

785,378 

5,514 

204,822 

14,565 

105,612 

78,200 

582,236 

271,063 

3.059,529 

407.936 

51.606 

22,079 

119,854 

619,710 

2,648,981 

3,513.351 

10.051 

206,096 

47,391 

3,361 

103 

311.146 

219,349 

6.862 

14,756 

16.271 

30.542 

12.228 

116,101 

20,273 

22,546 

3,985 

4,243 

22,969 

339 

3,817 

6,913 

45,758 

5,374 

4 

11,627 


Excess  of 
exportation 
over  impor- 
tation. 


2,620 

9,149 
24,318 


Rate  of 

duty 


Cents 


8 
2 

3 

Hi 

9 
6i 


2 

2 

\h 
'2 

6 

7 

2 

\l 

125 

50 

20 

20 

6 

4 


6 
10 
25 

3 

4 
4 
3 
4 

4 

H 
1 

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1 

6 

U 
1 
1 

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1 

4 
2 

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400 
200 

5 

50 
100 

60 

40 

2 

100 

100 

60 
160 
175 
225 
200 

50 

75 

25 

15 

10 

50 

25 


Excess  of  du 

ties  ovci-  draw 

l).icl<. 


Dolls 


(Us. 


14,.545  20 

28,364  64 

63  51 

180  89 

286  20 

63  44 

5,650  34 

7,441  94 

1,329  58 

8,168  98 

15,467  96 

36,183  31 

3,516  40 

375  24 

18,399  22 

16,384  82 

26,337  62 

86  50 


110,917  02 
18,720  32 

7,272  08 

398  28 

1,656  20 

66,040  75 

23,561  34 

220  56 

8,192  88 

436  95 

4,224  48 

3,128  00 

8,733  54 

2,710  63 

61,190  58 

4,079  36 

3,096  36 

331  19 

1,198  54 

6,197  10 

52,979  62 

35,133  51 

426  04 

4,121  92 

1,184  77 

13,444  00 

206  00 

15,557  30 

109,674  50 

6,862  00 

8,853  60 

6.508  40 

610  84 

12,228  00 

116,101  00 

12.163  80 

36,073  60 

6,973  75 

9.546  75 

45.938  00 

169  50 

2.862  75 
1,728  25 

6.863  70 
537  40 

2  00 
2,906  75 


Excess  of 

drawback 

over  duties. 


1,024.809  70 


Total. 


Dolls.  Cts. 


3,275  00 

1,829  80 
4,863  60 


9,968  40 


1.014.841  30 


Tre.\sury  Dep.\rt>iext.  Register's  Office.  4th  November,  1807. 


JOSEPH  NOURSE.  Register. 


252 


FINANCE. 


[1807. 


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254 


FINANCE. 


[1807. 


C  2— Continued. 
Estimate  showing  when  the  instalments  which  compose  the  balance  due  from  individuals  will  become  payable. 


Offices. 

Becoming  due  in  1809. 

Becoming'  due  in  1810. 

Becoming  due  in  1 8 1 1 . 

Total  Balance. 

West  of  Pearl  river. 
East  of  Pearl  river, 

$35,019  49J 
2,062  50 

$35,353  25] 
2,063  50 

$35,353  25i 
2,062  50 

$105,726  00 
6,187  50 

$37,081   99.i 

$37,415  75| 

$37,415  75| 

$111,913  50 

Treasury  Department,  bth  November,  1807. 


D. 

An  estimate  of  the  principal  redeemed  of  the  debt  of  the  United  States,  from  the  \st  October,  1806,  to  theSOth  Sep- 
tember, 1807,  inclusively,  showing-  the  redemption  of  the  principal  of  the  said  debt,  from  the  1st  April,  1801,  to 
the  30th  September,  1807. 


, 

Redemption  from 
1st  Oct.  1806,  to 
30th  of  Septem- 
ber, 1807. 

Redemption  from  1st 
April,  1801,  to  30th 
Sept.  1806,  per  the 
Secretary's  reportof 
5th  Dec.  1806. 

Total  principal 
redeemed,  from 
1st  April,  1801, 
to   30th   Sept. 
1807. 

On  account  of  the  domestic  debt. 

The  amount  of  warrants  issued  on  the  treasurer  of  the  U. 
States,  on  account  of  the  interest  of  the  domestic  debt,  of 
the  reimbursement  of  the  old  six  per  cent,  and  deferred 
stocks,  and  of  purchases  of  the  eight  per  cent,  and  ex- 
changed six  per  cent,  stocks,  from   1st  October,  1806,  to 
the  30th  September,  1807.  exclusive  of  $36,934  49,  repaid 
into  the  treasury,  and  $2,499  63,  commissions  to  a^  -iits 
purchasing  stock,  was        -            -            -    $5,834,423  03 

Deduct  interest  which  accrued  during  the 
same  period,  calculated  quarter  yearly, 

$2,923,196  87 

And  loss  on  the  purchase  of 
stock,          -            -           -       {b)  15,078  20 

2,938,275  07 

(«)$2,896,147  96 

1,847,500  00 
176,000  00 

5,211  20 

2,146  36 

$6,479,745  84 
711,700  00 

262,018  16 

74,331  50 
3,440,000  00 

10,236,108  05 

$9,375,893  80 

Reimbursement  of  the  navy  six  per  cent,  stock. 

Ditto,  of  the  five  and  a  half  per  cent,  stock. 

Ditto,  of  the  four  and  a  half  per  cent,  stock. 

Payments  made  in  certificates  of  the  debt  of  the  United 

States,  on  account  of  lands,            -            -            - 
Payments  made  to  foreign  officers,  and  for  certain  parts  of 

the  domestic  debt,               -            - 
Payments  on  account  of  domestic  loans, 

On  account  of  the  foreign  debt, 

711,700  00 

1,847,500  00 

176,000  00 

267,229  36 

76,477  86 
3,440,000  00 

10,236,108  05 

Funds  having  previously  been  provided  in  Europe,  the  war- 
rants issued  on  the  Treasurer  of  the  United  States  for  that 
object,  from  1st  October,   1806,  to  30tli  September,  1807, 
were  less  than  the  amount  of  interest  arising;  the  difler- 
ence,  therefore,  forms  a  deduction. 

The  interest  accruing  from  1st  October,  1806,  to  30th  Sep- 
tember, 1807,  was,  on  the  Dutch  debt,  including  commis- 
sions and  charges,     -            -            -            -       $66,632  60 

On  the  Louisiana  stock,  including  commissions,   677,666  47 

4,927,005  52 
248,813  36 

21,203,903  55 

26,130,909  07 

$744,299  07 
Amount  of  warrants,  exclusive  of  $24,614  71, 
repaid  into   the  Treasury,  and  $1,992  65, 
commissions  to  agents   purchasing  bills  of 
exchange,  was          -           -        $486,058  13 
Add  gain  on  exchange,           -              9,427  58 

248,813  36 

$4,678,193   16 

$21,203,903  55 

$25,882,095  71 

180r.]  COMPENSATION    OF   INSPKCTORS    OF  THE    CUSTOMS.  255 


(a)  1.  On  account  of  annual  reimbursement,  ---....         $1,501,466  61 

2.  Eight  per  cent,  and  exchanged  six  per  cent,  stocks  purchased,         -  .  ..  .  1,006,005  00 

3.  Moneys  in  tlie  liands  of  agents  purcliusing  stock,      ---...  193,86080 

4.  Moneys  in  tlie  hands  of  the  Treasurer  of  the  United  States,  as  Agent  to  the  Commissioners  of 

the  Sinking  Fund,         ---... 


(h)  Tlie  amount  of  eight  per  cent,  purcliased, 
Exciianged  six  per  cent.  do. 


- 

191,815  55 

$2,896,147  96 

$746,000 
260,005 

cost         $767,231  25 
253,851   95 

1,006,005 

1,021,083  20 
1,006,005  00 

Loss, 

$15,078  20 

Treasury  Department,  Register's  Office,  November  5, 1807. 

JOSEPH  NOURSE,  Register. 


10th  Congress.]  No.  268.  [1st  Session. 


COMPENSATION    OF    INSPECTORS    OF    THE    CUSTOMS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    DECEMBER  23,   1807. 

Mr.  George  Washington  Campbell,  from  tlie  Committee  of  Ways  and  Means,  to  whom  were  referred  the  peti- 
tions of  the  inspectors  of  the  Customs  of  tlie  ports  of  Baltimore,  New  York,  and  Boston,  made  the  followin'' 
report: 

That,  previous  to  the  third  day  of  March,  1797,  the  compensation  allowed  to  inspectors  of  the  customs  was 
fixed  by  law  at  a  sum  not  exceeding  one  dollar  and  sixty-six  cents  to  each,  for  everyday  he  should  be  actually 
employed  in  aid  of  the  customs;  and,  by  an  act  of  that  date,  their  pay  was  raised  to  a  sum  not  exceeding  two  dol- 
lars for  each  day  they  should  be  employed  in  like  manner;  and.  by  an  act  passed  the  second  of  March.  1799,  the 
same  compeiisa,tion,  last  mentioned,  was  allowed  them,  to  be  paid  by  the  collector,  out  of  the  revenue,  and  charged 
to  the  United  States.  It  appears  by  a  report  made  by  the  Secretary  of  the  Treasury  on  this  subject,  tliat  the  pay  of 
all  the  inspectors  employed  during  the  year  1804,  amounted  to  $129,608.  being  about  one  per  cent,  on  the  nett  receipts 
in  the  treasury.  It  also  appears,  that,  in  all  the  large  ports  (except  Charleston)  the  inspectors  are  employed  almost 
every  day  during  the  year,  whicli  is  not  the  case  in  the  smaller  ports,  where  they  are,  a  great  portion  of  their  time, 
without  employment.  From  this  circumstance,  it  results,  that  the  amount  of  compensation  received  by  inspectors 
in  the  large  port-;,  during  the  year,  far  exceeds  that  received  by  those  in  the  small  ports;  and.  although  the  necessary 
expenses  of  living  and  supporting  families,  in  large  towns,  are  generally  greater  than  those  in  small,  yet  the  dift'erence 
of  the  annual  compensation  in  favor  of  those  inspectors  residing  in  the  former,  as  already  stated,  woukl  probably  be 
equal  to  the  excess  in  their  expenses,  and,  therefore,  render  their  situation,  at  least  as  eligible,  as  that  of  those 
residing  in  the  latter. 

The  Committee  are  apprised,  that,  during  the  existence  of  contagious  or  epidemical  diseases  in  populous  towns, 
the  inspectors  residing  therein  incur  additional  expenses,  and  are,  in  the  discharge  of  their  duties,  necessarily 
exposed  to  personal  dangers:  they  duly  appreciate  these  circumstances,  and  are  induced  to  believe  that,  when  such 
events  occur,  and  are  made  known  to  the  National  Legislature,  they  will  be  disposed  to  make  such  additional  com- 
pensation to  those  who  may  be  aft'ected  thereby,  as  their  situations  may  require. 

The  Committee  are  sensible  of  the  importance  of  the  duties  to  be  performed  by  the  inspectors  of  the  customs, 
i\\\A  \v.)\\  much  the  security  of  the  revenue  depends  upon  the  capacity,  integrity,  and  attention,  of  those  officers; 
ihey  highly  appreciate  the  good  faith  with  which  they  are  stated  to  have  peri'ormed  the  services  required  of  them; 
and  would  feel  disposed  to  render  their  situations  more  eligible,  by  augmenting  their  compensation  so  as  to  meet  the 
necessary  increase  of  expenses  in  living,  if,  in  their  opinion,  existing  circumstances  would  justify  the  measure.  But, 
upon  a  view  of  the  facts  above  stated,  and  considering  the  present  state  of  the  nation  is  such  as  renders  it  uncertain 
how  soon  there  may  be  a  demand  for  all  our  resources,  the  Committee  are  of  opinion  that  it  would  not  be  advisable, 
at  this  time,  to  incur  additional  expenditures  in  collecting  the  revenue,  by  increasing  the  compensation  of  the  officers 
engaged  therein. 


'6' 


Tliey,  therefore,  submit  to  the  House  the  following  resolution: 
Resolved,  That  the  petitioners  have  leave  to  withdraw  their  petitions. 


Treasury  Department.  January  lil/i,  1806. 
Sir: 

I  have  the  honor  to  enclose  a  report  on  the  petitions  of  the  inspectors  of  the  customs  for  the  ports  of  Balti- 
m;)re,  Philadelphia,  and  New  York,  which  were  referred  to  me  by  the  House  of  Representatives,  on  the  5th  and  23d 
December,  1805,  and  11th  January,  1806. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Honorable  the  Speaker  of  the  House  of  Representatives. 


The  Secretary  of  the  Treasury,  to  whom  were  referred  the  petitions  of  the  inspectors  of  the  Customs  of  the  ports  of 
New  York,  Philadelphia,  and  Baltimore,  respectfully  submits  the  following  report: 

The  pay  of  the  inspectors,  which,  previous  to  the  4th  day  of  March,  1797,  was  at  the  rate  of  one  dollar  and  sixty 
cents  a  day.  was,  by  act  of  that  date,  fixed  at  the  rate  of  two  dollars  for  every  day  they  shall  be  actually  employed 
in  aid  of  the  customs. 


256 


FINANCE. 


[1807. 


It  appears  by  the  annexed  statement,  tiiat  the  pay  of  all  the  inspectors  employed  durins;  the  year  1801,  amounted 
to  $129,608,  orabout  one  per  cent  on  the  nett  receipts"in  the  treasury,  and  that,  in  all  the  large  ports,  Charleston 
excepted,  the  inspectors  are,  in  fact,  employed  almost  every  day  during  the  year — an  arrangement  which,  though  not 
practicable  in  the  smaller  ports,  is  not  attended  with  any  additional  expense  in  those  where  it  has  been  adopted,  as 
may  be  perceived  by  comparing  the  whole  amount  of  compensation  allowed,  and  of  revenue  collected  in  each  port. 
A  less  number  of  inspectors  is  employed  in  those  ports;  and,  as  they  are  constantly  employed,  their  annual  compen- 
sation is  greater.  But,  although  the  inspectors  of  the  largest  ports  are,  by  that  arrangement,  better  paid,  generally, 
than  those  of  the  small  ones,  it  is  true  that  the  expenses  of  living,  with  them,  are  generally  greater:  and,  it  is  appre- 
hended that  the  greatest  difficulty  in  fixing  a  reasonable  rate  of  compensation  arises  from  that  difference  in  the  rate 
of  necessary  expenses  which  exists  between  the  different  ports.  The  pay  which  is  sufficient,  in  many  places,  to 
engage  the  services  of  persons  fully  competent,  hardly  affords  the  means  o!'  a  scanty  subsistence  in  others — an  obser- 
vation which  is  made  less  with  any  intention  of  suggesting  a  distinction  in  the  rate  of  allowance,  which  would,  per- 
haps, be  invidious,  than  for  the  purpose  of  anticipating  the  objection  to  a  general  increase,  which  might  be  expected 
from  thuse  quarters  where  two  dollars  a  day  must  be  coniidered  as  an  ample  compensation.  The  only  case  where 
the  propriety  of  such  a  distinction  is  respectfully  submitted,  is  that  of  contagious  or  epidemical  diseases,  during 
which  additional  expenses  ai-e  incurred  by  the  inspectors,  and  they  are,  in  the  discharge  of  their  duties,  necessarily 
exposed  to  personal  danger. 

Of  the  general  increase  in  the  expenses  necessary  for  the  support  of  a  family,  ^\hich  may  have  taken  place  since 
the  year  1797,  and  on  which  the  propriety  of  a  general  additional  allowance  depends,  the  Secretary  of  the  Treasury 
is  not  a  competent  judge.  It  will  be  sufficient  for  him  to  say,  that  a  view  of  the  revenue,  derived  from  customs, 
affords  evident  proofs  that  it  is  most  faithfully  paid  and  collected.  Next  to  that  good  faith,  which  has  so  honorably 
characterised  the  conduct  of  the  importers,  tlie  security  of  the  revenue,  principally,  rests  on  the  character  of  the 
officers  employed  in  the  collection;  the  capacity,  attention,  and  integrity  of  the  inspectors,  particularly,  forms  one  of 
its  principal  guards;  and.  it  is  undoubtedly  important  tliat  the  compensation  may  be  sufficient  to  engage,  as  hereto- 
fore, the  services  of  men  of  that  description. 

All  which  is  respectfully  submitted. 

Treasury  Department,  llth  January,  1806. 


ALBERT  GALLATIN.   Secreiury  of  the  Treasury. 


A  Statement  exhibiting  the  total  number  of  inspectors  employed,  on  an  average,  in  the  several  ports  of  the  United 
States,  during  the  year  1804;  also,  the  amount  of  their  compensation,  and  the  number  of  days  each  inspector 
ivas,  on  an  average,  employed. 


O 

g 

"S  ay^ 

c'    . 

p 

o  3  -r) 

3 

«  _  I' 

o 

7i   ^   <u 

DISTRICTS. 

O     5j 

1  amount  o 
sation. 

^«    rt    p 

1  ^2 

DISTRICTS. 

^  > 

o 

u 

rt    ri 
I— «    ^ 

1 1 1 

=  .=  s 

'rt     « 

+-I    r— t 

=  3 

S  3r  J' 

Portsmouth,   - 

Si 

1,866 

113 

Perth  Amboy. 

\h 

104 

35 

Newburyport. 

'5 

2,563 

171 

Little  Egg  Harbor, 

n 

102 

34 

Gloucester,    -            -           - 

4| 

2,160 

227 

Burlington, 

1 

44 

22 

Salem. 

14 

4,026 

144 

Great  Egg  Harbor, 

1 

45 

22 

Marblehead,  -           -         ,  - 

n 

982 

131 

Philadelphia.    - 

22i 

16.386 

360 

Boston, 

Ilk 

12,002 

347 

Wilmington,  Del. 

3| 

2.286 

305 

Plymouth,      -            -            - 
Barnstable,     -            -            - 

n 

523 

116 

Baltimore, 

16 

10,742 

335 

6 

240 

62 

Georgetown,  Col. 

1 

626 

313 

Nantucket,    -            -            - 

O 

299 

75 

Alexandria,      - 

44 

2,352 

276 

Edgartown,    -            -            - 

3 

224 

37 

Petersburg, 

5r 

774 

70 

New  Bedford, 

3 

526 

88 

Richmond,*     - 

1 

26 

13 

Dighton, 

2i 

138 

25 

Tappahannock,* 

1 

102 

68 

York,              -            -            - 

l? 

270 

108 

Dumfries,* 

1 

10 

5 

Kennebunk,  - 

1.^ 

376 

107 

Norfolk, 

111 

5,470 

233 

Biddeford,      - 

3 

590 

93 

Folly  Landing.^* 

1 

10 

10 

Bath, 

4| 

570 

68 

Wilmington.  N.  C. 

4| 

1,340 

141 

Portland, 

6 

2,902 

242 

Newbern. 

2 

298 

66 

Wiscasset,      -            -            - 

3 

574 

95 

^\"ashington,    - 

3- 

407 

63 

Waldoborough, 

2i 

300 

60 

Edenton, 

n 

499 

111 

Penobscot,      -           -           - 

l| 

162 

46 

Beaufort, 

1 

76 

38 

Frenchman's  bay,*    - 

1 

28 

14 

Georgetown,  S.  C. 
Charleston, 

n 

198 

66 

Machias,        -           -            - 

n 

260 

47 

19 

9,308 

245 

Passamaquoddy, 

1 

28 

14 

Savannah, 

10 

2.143 

107 

Newport, 

5i 

1,540 

140 

Brunswick,*    - 

1 

26 

26 

Bristol, 

3^ 

726 

104 

Detroit, 

1 

120 

60 

Providence,    - 

t 

3.118 

223 

Michillimakinack,*     - 

1 

128 

85 

New  London, 

13 

2.547 

98 

Mississippi,*    - 

1 

136 

136 

Middietown, 

8 

1,960 

123 

New  Orleans, 

8d 

5,007 

300 

New  Haven. 

8 

2,102 

131 

Natchez,* 

1 

8 

4 

Fairfield. 

1.^ 

242 

96 

Hudson, 

2i 

132 

26 

Total, 

320^ 

129,620 

7,275 

New  York,     - 

1     37i 

20,299 

350 

Treasury  Dkpartjii 


ST,  Register's  Office,  Ulh  January,  1806. 

JOSEPH  NOURSE,  Register. 


E-nployed  temporarily, 


« 


1807.]  ENCOURAGEMENT  TO  MANUFACTURES.  257 


10th  Congress.]  Nq.    269.  [IstSESsiox. 


PROTECTING    DUTIES   ON    PAINTS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENT ATIVES,  DECEMBER.  3,    1807. 

Mr.  Newton,  from  tlie  Cominittet.'  of  ('onimerce  and  Manufiicturess,  to  uIkimi  was  referred  (he  petiHon  of  Josepli 

Dii  Cayla,  made  the  following  report: 

The  petitioner  states,  that  ho  has  purchased  the  exciusive  right,  secured  by  patcrUs'.  of  making,  constructing, 
using,  and  vending  to  others,  to  he  usi>d,  the  beautiful  yellow  and  also  the  green  coloring  matter  or  paint.  Asa 
further  encouragement,  he  prays  that  additional  duties  may  be  imposed  on  the  importation  of  paints. 

Your  committee  are  of  opinion  that,  if  the  discovery  is  as  useful  as  the  petitiimer  represents  it  to  be,  he  has  the 
fairest  prospect  of  success.  He  enjoys  the  exclusiv  right,  secured  by  patients,  to  all  profits  that  can  be  produced 
from  the  exercise  of  the  art  or  discovery  of  inanutiicturing  or  preparing  color.-. 

He  likewise  derives,  from  tlie  high  protecting  duties  on  paints,  the  additional  advantage  of  extending  the  use  and 
the  sale  of  his  manufactures.  To  increase  the  duties  on  paints,  will  have  (he  tendency  not  only  of  raising  the  price 
of  paints,  but  that  also  of  giving  to  the  petitiimer  a  monopoly. 

The  committee,  therefore,  recommend  the  adoption  of  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner  is  unreasonable,  and  ought  not  to  be  granted. 


10th  Congress.]  No.  270.  [1st  Session. 


*  PROTECTION    TO    MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECllMIiER  7,   1807. 

To  tlie  Honorable  the  Senate  and  House  of  Representutivcn  of  the  United  States  of  .America  in  Congress  assc7n!>led, 
the  petition  of  the  subscribers,  citizens  of  the  United  States  and  inhabitants  of  the  city  of  New  Fork,  members 
of  "the  Journeymen  Hatters  Society''  of  that  city,  respectfully  showeth: 

That  your  petitioners  have  served  regularly  as  apprentices  to  the  hatting  business,  and  are  now  working  as 
journeymen  to  the  said  trade,  and  did  expect,  by  their  industry  and  attention  to  that  art,  to  gain  an  honest  livelihood 
for  themselves  and  families:  that  your  petitioners,  having  full  confidence  in  your  h'.moi-able  body,  that  you  w  ill  give 
every  encouragement  and  protection  to  the  manufactures  of  the  United  States,  and  lend  every  lawful  assistance  to 
those  citizens  thereof,  who  are  immediately  depemlent  on  the  encouragement  which  your  honorable  body  may  give 
to  those  manufactures,  beg  leave  to  state,  that  necessity  compels  them  to  approach  your  honorable  body  in  humble 
petition,  praying  that  an  additional  impost  duty  may  be  laid  on  hats.  And  as  reasons  therefor,  your  petitioners 
beg  leave  to  state  that,  by  the  cons(an(  impor(:irions  of  that  article,  our  home  manufactures  in  that  particular  have 
diminished,  and  probably  will  continue  to  suftV'-.  and  perhaps  finally  go  to  ruin.  Your  petititmers  further  represent, 
that  the  present  duty  laid  on  hats  is  so  inconsidera'  le,  that  mercantile  men,  particularly  in  this  city,  are  enabled  to 
import,  and  actually  do  import,  from  Europe,  and  '■cU,  ha'  -.  at  a  les.  nrice  than  those  of  American  manufiictui-e;  which 
obliges  many,  who  have  served  a  long  time  as  ap;  renticesand  journeymen  to  the  said  trade,  toabandon  it,  and  resort 
to  other  means  for  supporting  themselves  and  i  ;nilies.  And  your  petitioners  beg  leave  further  to  state  to  your 
honorable  body,  that  tlie  materials  in  this  country,  used  for  making  hats,  are  equal,  if  not  superior,  to  foreign  produce 
of  the  same;  and  they  are  confident  that  the  h  ifs  of  the  United  States  are  superior  to  the  European  manufacture  of 
the  same  article. 

Wherefore,  and  inasmuch  as  your  pedtion  rs  are  attached  to  the  liberties  of  this  country,  and  are  willing  to 
lia/.ai-d  every  thing  for  the  maintenance  of  its  rigiits  and  independence,  they  pray  that  your  honorable  body  will, 
after  having  taken  into  consideration  these  circumstances,  grant  the  prayer  (il'your  petitioners,  and  lay  an  adduional 
impost  upon  the  importing  of  hats  from  foreign  ctiuntries,  whereby  your  jietitloners,  anil  many  others,  similarly  cir- 
cumstanced, would  be  relieved  from  their  present  embarassment,  and  the  daily  expLCtaiion  of  being  deprived  of  em- 
ployment in  that  art,  which  it  has  been  their  study  for  years  to  acquire. 

Signed  in  behalf  of  the  Society. 

JAMES  McCABE,  President. 
AARON  COATES,   Secretary. 


10th  Congress.]  No.    271.  [1st  Session. 


ENCOURAGEMENT    TO    MANUFACTURES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,   DECEMBER    18,    1807. 

To  the  Honorable  the  Senate  and  House  of  Represtntatives  of  the  United  States  in  Congress  assembled,  the  me- 
morial (if  the  subscribers,  merchants,  and  manufacturers  of  copper,  inhabitants  of  the  city  nfXew  York,  respect- 
fully shotveth: 

That  your  memorialists  have  been  informed  that  a  petition  has  been  pre.«ented  to  Congress,  praying  that  a 
duty  maybe  imposed  on  copper,  in  sheets  and  plates,  imported  into  theUnited  States:  and  your  memorialists,  believ- 
ing that  the  imposition  of  such  duty  would  in  effect  prohibit  the  importation  of  those  articles,  and  would  tend  to  the 
inconvenience  and  injury  of  the  public,  although  it  might,  in  some  measure,  contribute  to  the  emolument  of  a  few 
individuals,  they  take  the  liberty  of  suggesting  the  following  reasons  why  the  prayer  of  the  said  petition  should  not 
be  granted. 


258  ■  ■"  FINANCE.  [1807. 


That  there  is  not  in  the  United  States,  to  the  knowledge  of  your  memorialists,  any  copper  mine,  which,  at  the 
present  time,  can  furnish  the  raw  material  for  the  manufacture  of  copper;  and  that,  consequently,  the  manufacturing 
of  sheet  copper,  copper  plates,  and  raised  bottoms  of  copper,  in  this  country,  must,  at  present,  be  confined  to  the  scan- 
ty supply  furnished  from  the  collection  of  old  copper,  and  the  occasional  importations  of  copper  in  pigs  from  South 
America:  for  your  memorialists  do  aver,  without  fear  of  contradiction,  that  the  difterence  in  price  between  un 
wrouglit  copper,  and  that  manufactured  into  sheets,  plates,  and  raised  bottoms,  in  Flurope,  will  not  allow  of  the  im- 
portation of  copper  in  pigs,  for  the  purpose  of  being  manufactured,  in  this  country, into  those  articles,  unless  the  im- 
portation of  such  maimfactured  articles  are  prohibited,  or  made  subject  to  an  impost  duty. 

That,  from  the  circumstance  of  the  duty  now  imposed  on  manufactured  articles  of  copper,  while  unwrought  cop- 
per remains  free  from  duty,  the  American  maimfactuier  is  enabled  to  undersell  the  like  articles,  manufactured  m 
Europe;  and  in  consequence  tliereuf,  manufactured  articles  of  copper  are  now  very  seldom  imported;  but  considera- 
ble quantities,  manufactured  in  this  country,  are  yearly  exported  to  the  West  Indies.  That,  although  copper  in  sheets 
has  been  free  from  import  duty,  yet,  in  consequence  of  an  export  duty  in  Great  Britain,  of  four  per  cent.,  and  the 
incidental  charges  of  importation,  most  of  the  ?hips,  built  in  this  country,  and  intended  to  be  copper  sheathed,  are 
sent  abroad  for  that  purpose. 

That,  in  case  a  duty  is  laid  upon  copper  in  sheets,  plates,  and  raised  bottoms,  the  greater  part  of  the  utensils,  in 
the  manufacture  of  which  those  articles  are  used,  such  as  stills,  boilers,  &c.  will  be  imported  in  a  manufactured 
state,  and  their  prices  consequently  enhanced. 

Your  niemorialists  beg  leave  further  to  represent  to  your  honorable  body,  that  it  would  operate  greatly  to  the 
advantage  of  the  manufacturers  of  copper,  in  this  country,  if  the  duty  on  zinc  or  spelter,  old  copper,  old  brass,  and 
old  pewter,  was  discontinued;  and  your  memorialists  may  be  permitted  to  remark,  that  those  articles  can  only  be 
considered  as  raw  materials.  And  your  memorialists  further  pray  your  honorable  body  that  round  copper  plates, 
and  raised  bottoms  of  copper,  may  be  permitted  to  be  imported  free  from  duty,  as  those  articles  cannot  be  considered 
in  a  more  manufactured  state  than  copper  in  sheets. 

And  your  memorialists  will  ever  pray,  &c. 

RICHARD  WHITTINGHAM,  and  others. 
New  York,  November  20,  1807. 


10th  CoNGRKSs.]  No.  272.  [1st  Session. 


REMISSION  OF  DUTIES. 

COMMtlNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  24,   1807. 

House  of  Representatives,  December  7th,  1804. 

Sir: 

I  beg  leave  to  enclose  you  tlie  petition  ot  Walter  Channing,  surviving  partner  of  the  house  of  Gibbs  and 
Channing.  of  Newport,  Rhode  Island,  stating  to  Congress  that  they  imported  a  quantity  of  saltpetre,  in  May,  1803, 
upon  which  the  collector  of  Newport  charged  a  duty,  when,  in  their  opinion,  tlie  article  was  free,  by  the  laws  of  Con- 
gress, passed  10th  August,  1790,  and  May  2,  1792.  The  opinion  of  respectiible  counsel  has  been  obtained,  as  you 
will  observe,  and  they  all  seem  to  agree  that  saltpetre  ought  to  be  considered  as  still  tree  of  duty;  and,  on  my  own 
part,  I  must  confess  that  the  acts  of  June  14th,  1797,  and  April,  1798,  do  not  strike  me,  at  the  first  view,  as  intended 
to  repeal  the  former  act,  declaring  the  article  free.  The  question  remains,  Was  saltpetre  exempt  from  duty  when 
the  act  of  1798  expired,  and  is  it  now  free  of  duty.''  The  collector  of  the  revenue  at  Newport  has  exacted  an  ad 
valorem  duty  on  the  cargo  imported  by  Gibbs  and  Clianning,  and,  in  three  other  custom  houses,  tiie  collectors  have 
not  charged  any  duty  on  saltpetre;  and  yet  it  would  seem  they  ought  to  have  done  it,  if  the  article  is  really  charge- 
able with  a  duty.  Alay  I  request  the  iiivor  of  you  to  look  at  the  petition,  and  the  papers  which  accompany  it,  and 
will  you  have  the  goodness  to  give  the  Committee  of  Commerce  and  Manufactures  your  opinion  on  the  subject.'' 
Can  lelief  be  aftbrded  to  the  petitioners  through  your  Department,  provided  you  consider  saltpetre  as  free  of  duty.'' 
Are  the  collectors  throughout  the  United  States  at  this  moment  in  the  collection  of  any  duty  on  the  article  in  ques- 
tion? and,  if  so,  what  is  the  rate  of  duty,  and  when  did  it  commence?  Any  information  on  the  subject  will  particu- 
larly oblige  the  committee. 

I  have  the  honor  to  be,  with  the  highest  respect,  yours.  &c. 

JACOB  CROWNINSHIELD. 
Hon.  Albert  Gallatin,  Secretary  of  the  Treasury  United  States. 


To  the  Honorable  the  Senate  and  House  of  Representatives  of  the  United  States  hi  Congress  assembled,  Walter 
Channing,  survicing  partner  of  the  house  of  Gibbs  and  Channing,  of  Newport,  in  the  State  of  Rhode  Island, 
merchant,  respectfully  showeth: 

That,  on  the  3d  day  of  May,  1803,  the  said  Gibbs  and  Channing  imported,  in  the  ship  Mount  Hope,  .John  Boit 
master,  from  the  Isle  of  France,  tliirteen  hundred  fifty  eight  bags  of  saltpetre;  that,  at  the  time  ol  said  importation, 
the  article  of  saltpetre  was  free  of  duty,  being  permanently  exempted  by  the  acts  ot  Congress  of  the  10th  August. 
1790,  and  May  ^d,  179-2:  whieli  acts,  so  lar  fortli  as  they  provide  foi-  said  exemption,  as  your  petitioner  is  advised,  and 
verily  beliyes.  then  were,  and  still  remain,  in  full  force  and  effect.  That,  on  the  6th  June.  A.  D.  1803,  entry  was  made 
of  sai<l  ship  and  her  cargo,  at  the  custom  house  for  the  district  of  Newport,  when  the  collector  demanded  a  duty  of 
twelve  and  a  half  per  cent,  ad  valorem  on  the  saltpetre  aforesaid,  and  included  the  same  in  the  gross  estimate  of 
the  amount  of  duties  on  the  cargo  of  said  ship,  and  required  the  said  Gibbs  and  Channing  to  give  bonds  for  the  same, 
to  which  they  objected,  but  were  obliged  to  submit;  an  entry  of  said  ship  and  cargo  being  not  otherwise  attainable. 
The  said  Gibbs  and  Channing  believing  that  there  was  no  law  which  authorized  the  exaction  of  said  duty  on  salt- 
petre, and  the  collector  persisting  in  requiring  the  same,  they  made  a  representation  of  the  demand,  by  letter,  on  the 
7th  of  July,  A.  p.  1803,  to  the  Secretary  of  the  Treasury,  a  copy  whereof  was  transmitted  by  the  Comptroller  to  the 
collector,  requiring  him  to  make  a  statement  of  the  case,  which  was  accordingly  done;  whereupon,  the  Comptroller 
decided  that  he  coincided  with  the  collector  in  opinion  that  saltpetre  was  then  chargeable  with  an  ad  valorem 
duty;  that,  in  conformity  to  this  coincidence  of  opinion,  the  collector  charged  a  duty  on  said  saltpetre  of  twelve  and 
a  half  per  cent,  ad  valorem,  making  said  duty  eighteen  hundred  twelve  dollars  thirty  seven  cents,  Mhich  sum  he 
included,  with  the  duties  on  the  other  goods  imported  by  said  Gibbs  and  Channing.  in  said  ship  Mount  Hope,  in 
three  bonds,  which  were  given  on  the  entry;  that  the  said  Gibbs  and  Channing,  after  a  candid  investigation  of  the 
opinion  oifered  by  the  Coiii|)troller,  and  the  reasons  in  support  of  it,  could  not  see  any  sufficient  cause  to  alter  the 
opinion  they  had  first  formed,  that  saltpetre  was  by  law  permanently  exempted  from  duty;  but,  lest  they  might  err 
in  an  opinion  opposed  to  so  high  authority,  tliey  submitted  to  counsel  of  the  first  eminence  in  this  State,  the  case. 


1807.]  REMISSION  OF  DUTIES.  059 

as  stated  by  the  collector,  and  the  Comptroller's  opinion  thereon;  who.  after  an  examination  of  the  same,  and  the 
laws  relative  to  that  article,  gave  a  deliberate  opinion,  in  writing,  "  that  saltpetre  may  be  imported  into  the  United 
States  free  of  duty."     At  the  same  time,  the  said  Gibbs  and  Channing  obtained  from  the  custom  houses  at  Salem. 
Boston,  New  York,  and  Philadelpliia,  official  certilicates  and  advices,  tliat,  at  the  time  of  the  importation  of  the  salt- 
petre aforesaid,   the  article  saltpetre  was  considered,  at  the  aforesaid  custom  houses,  free  (»f  duty,  and  so  admitted. 
In  the  progress  of  the  investigation  which  the  said  Gibbs  and  ("lianning  caused  to  be  made,  relative  to  the  duty 
exacted  from  them  as  aforesaid,  it  appeared  by  an  official  certificate  from  the  custom  house  at  Boston,  that  the 
former  Comptroller  of  the  Treasury,  in  a  circular  letter  to  all  the  collectors,  dated  May    30,  1800.  had  officially 
iustructed  them  that   "  saltpetre  was  to  be  considered  as  permanently  exempted  from  duty  by  the  acts  of  Congress 
of  the  10th  August,  1790.  and  May  2d,  179'2."'     This  circular  letter  your  petitioner  candidly  believes  had  escaped 
the  recollection  of  the  collector,  when  he  required  the  aforesaid  duly,  and  when  he  stated  the  case  to  the  Comp- 
troller, as  aforementioned.     From  a  consideration  of  this  deliberate  opinion,  and  diiection  of  the  former  Comptroller, 
of  the  practice  of  the  custom  houses  in  conformity  thereto,   with   the  opinion  of  counsel  so  respectable,  the  said 
Gibbs  and  Channing  were  induced  to  make  a  lepresentation  of  the  same  lo  the  present  Compti-oller.   in  a  letter 
dated   September   17,   1803,   in  which,  after  communicating   the  particulars  of  the  preceding  information,   tliey 
requested   that,  inasmuch  as  the  constitution  declares  "  that  all   duties,  imposts,  and  excises,  shall   be  uniform 
throughout  the  United  States,"  the  administration  of  the  laws  relative  theieto  ought  to  ije  uniform;  and  that,  as  an 
exemption  from  duty,  in  relation  to  salt  petre.  had  been  granted  toothers,  the  same  ought  to  be  extended  to  tlie  said 
Gibbs  and  Channing.     To  this  representation  the  Comptroller  replied,  that  "  the  suggesli(jn,  that  the  exemption  of 
saltpetre  from    duty  had  been  admitted  to  some  and  denied  to  others,  \\as  too  remote  from  probability  to  be  suscep- 
tible of  belief:"  that  "  it  was  a  case  concerning  which  he  could  not  doubt,  and  that,  if  he  was  wrong,  the  error  could 
be  corrected  by  the  ensuing  Legislature,   and  that  he  did  not  consider  the  case  as  decided   by  his  predecessor. " 
About  the  time  this  answer  of  the  Comptroller  was  received,  (ieorge  Gibbs,  the  senior  partner  of  said  house  of  Gibbs 
and  Channing,  deceased,  when  the  whole  business  devolved  on  your  petitioner,  who  sought  the  opinion  of  other 
counsel  in  this  State,  and  of  the  most  eminent  counsel  in  the  Commonwealth  of  Massachusetts,  all  of  whom  con- 
curred in  opinion,  '"  that  saltpetre  was  still  free  from  duty."    Thus  supported  by  the  deliberate  opinion  of  every 
professional  man  to  whom  the  question  had  been  submitted,  your  petitioner  conceived  it  to  be  a  duty  which  he 
owed  to  the  heirs  of  his  deceased  partner,  to  himself,  and  his  fellow  citizens,  to  pursue  every  legal  and  temperate 
measure  to  obtain  redress.     With  this  view  yourpetiticmer,  jjriorto  the  first  bond  tailing  due.  proposed  to  the  collect- 
or that  the  question,  "whether  saltpetre  was,  or  was  not,  exempt  from  duty,  by  law,"  should  be  submitted  to  a 
court  of  competent  jurisdiction,  whose  decision  your  petitioner  would  cheerfully  abide;  and  that,  as  some  delay  ol' pay- 
ment of  the  aforesaid  duty  charged  on  saltpetre  would  necessarily  fake  place,  before  a  decision  of  the  suit  on  the 
bond  could  be  had,  your  petitioner  further  suggested,  that,  as  the  refusal  of  payment  did  not  result  from  inability  to 
pay,  or  opposition  to  the  laws,  but  merely  from  a  dispute  about  a  legal  question,  on  which  respectable  opinions  differ, 
and  it  being  of  a  duty  never  before  demanded,  that  a  credit  at  the  custom  house  ought  not  to  be  denied  him,  while  the 
right  to  demand  such  duty  was  in  the  legal  course  of  juilicial  invesfigatiim.  At  the  same  time,  toobviate  every  possible 
objection  to  this  equitable  claim,  your  petitioner  ofliered  to  pay  the  amount  of  duties  on  all  the  goods,  except  that 
charged  on  saltpetre,  and  this,  with  the  interest  and  probable  costs,  he  ottered  to  deposite  in  bank,   and  place  the 
cashier's  receipt  therefor  in  the  hands  of  the  collector;  or  he  would  pay  or  deposite  the  w  hole,  in  any  other  mode  the 
collector  might    de\ise,   provided   the  right  of  legal  investigation   of  the   question    should   be  reserved,   and  the 
credit  of  Gibbs  and  Channing  at  the  custom  h:)use  shoultl  not,  in  the  mean  time,  be  denied.     These  reasonable  pro- 
posals, as  your  petitioner  conceived  them  to  be,  were  not  acceded  to,  and  he.  lo  save  the  credit  of  his  surety  and 
that  of  the  house  of  Gibbs  and  Channing,  was  compelled  to  pay  the  whole  of  the  first  bonil,  without  having  a  day  in 
court  for  a  legal  decisiim  thereon.     Prior  to  tlie  payment  of  the  second  and  thiid  b'Huls.  your  petitioner  renewed  his 
application  as  aforesaid,  in  both  which  he  was  refused,  and  has  been  thus,  again^  t  in-  consent,  and  every  effort  in  his 
power,  consistent  with  the  credit  and  safety  of  his  house,  and  that  of  his  suiefv,  forced  to  pay  eighteen  huntlied 
twelve  dollars   thirty   seven   cents,  being   the   amount  of  the  aforesaid  duty  illegally  charged  on  said  saltpetre. 
From   the   concession   of  the  Comptroller,   in   a  letter  to   the  collector,  of  "the    i  1th    December  last,   "  that   the 
laws  which  relate  to  duties  on  saltpetre  are  susceptible  of  different  constructions,"    from  the  very  respectable, 
numerous,  and  concurrent  legal  opinions,  in  cqntiariety  to  his  decision:  and  it  being  a  known  fact  that  no  duty 
ever  was  exacted  on  saltpetre,  from  the  first  institution  of  the  Government,  until  it   was  imposed  on  the  house  of 
Gibbs  and  Channing,  your  petitioner  had  reason  to  expect  that  the  Comptroller  would  not  only  have  yielded  to 
his  repeated  and  urgent  applications,  for  a  legal  investigation  of  the  litigated  duty,  without  a  denial  of  credit,  but 
that  he  would  have  been  equally  solicitous  with  your  petitioner  to  have  had  his  opinion  tested  by  the  proper  judi- 
ciary tribunal:  so  that  no  citizen  should  have  just  cause  of  complaint.     Denied  this  privilege,  your  petitioner,  under 
a  firm  and  conscientious  conviction  that  saltpetre  was,  and  still  is,  by  law.  exempt  from  duty,  respectfully  craves 
leave  to  lay  his  case  before  the  National  Legislature,  and  to  solicit  that  the  same  exemptioii,  which  has.  through 
the  custom  houses,    been  extended  to  other  importers  of  saltpetre,  may  be  extended  to  the  house  of  Gibbs  and 
Channing;  and  that  restitution  maybe  made  to  them  of  the  aforesaid  sum  of  eighteen  hundred  twelve  dollars  and 
thirty-seven  cents  which  they  have  been  ccimpelled  to  pay  for  the  duty,  illegally  charged  on  the  saltpetre  by  them 
imnorteil  as  aforesaid,  together  with  interest  thereon;  or  that  Congress  will  be  pleased  to  provide  by   law  for  a 
j'.'.dicial  investigation  of  the  right  to  exact  said  duty;  or  to  grant  to  your  petitioner  such  other  relief  in  the  premises, 
as,  ia  your  wisdom,  justice  shall  seem  to  require.    And  your  petitioner,  as  in  duty  bounil,  will  ever  pray. 

WALTER  CHANNING, 

Survivmg  partner  of  the  house  of  Gibbs  and  Channing. 
Newport,  November  2ith,  1804. 

CASE. 

Messrs.  Gibbs  and  Channing,  in  the  month  of  May,  1803,  imported,  in  their  ship  Mount  Hope,  a  large  quantity  of 
saltpetre,  in  the  port  of  Newport. 

They  demanded  an  entry  of  said  saltpetre,  dutyfree:  the  collector  refused,  and  demanded  bonds  for  an  ad  valo- 
rem duty  on  said  article. 

Question.    Is  saltpetre  subject  to  a  duty,  on  impoitation  into  the  United  States? 

Ansicer.  Congress  passed  a  law.  10th  August.  1700,  imposing  specific  duties  on  certain  specific  articles,  anti  an 
ad  valorem  duty  on  certain  enumerated  and  on  unenumerated  articles.  This  law,  in  terms,  exempts  from  duty  the 
article  saltpetre.  Congress  passed  another  law  Od  May,  179-3,  which  provides  that  all  articles  which  are  excepted 
and  exempted  from  duty  by  the  act  "  making  further  provision  for  the  payment  of  the  debts  of  the  United  States," 
(which  is  the  act  above  mentioned,  passed  10th  August,  1790)  "shall  continue  to  be  excepted  and  exempted." 
Both  these  acts  are  permanent. 

On  the  14th  June,  1797,  Congress  passed  another  act,  entitled  "  An  act  prohibiting,  for  a  limited  time,  the  exporta- 
tion of  arms  and  ammunition,  and  for  encouraging  the  importation  thereof."  This  act  prohibited  the  exportation 
(among  other  things)  of  saltpetre,  and  exempted  from  duty  the  same  articles,  together  with  saltpetre,  for  the  time 
limited. 

On  the  7th  day  of  April,  1798,  Congress  passed  another  act,  to  continue  in  force  the  act  last  before  mentioned,  for 
a  further  time.  Both  these  acts  have  long  since  expired.  These  are  all  the  laws  relative  to  this  subject.  7'he  case 
then  comes  to  this  question:  Whether  the  exemption  of  salt  petre  from  duty,  provided  by  the  acts  of  "90  and  '9-2,  is 
still  in  force?  That  exemption  is  still  in  force,  unless  it  be  considered  as  repealed  by  the  acts  of '97  and  "98-  These 
latter  acts  are  considered  to  have  this  effect  by  the  collector,  whose  opinion  is  adopted  by  the  Comptroller.  In 
support  of  this  construction  it  is  said,     Thai  the  laws  of  '97  and  '98,  in  this  particular,  are  repugnant  to  the  laws  of 


260  FINANCE.  [1807. 

-*90  and  '93,  and  therefore  the  former  is  to  be  considered  as  repealed.  If  two  provisions  of  two  different  laws  are  of 
such  a  nature  that  they  cannot  both  be  executed,  the  latter  may  be  considered  as  repealing  the  former.  But  the  acts 
of  '90  and  *92  require  the  exemption  in  question;  su  do  the  acts  of '97  and  '98.  Both  require  the  same  thing.  There 
is  no  repugnancy  then.  But  it  is  replied,  the  exemption  by  the  former  is  permanent,  and  by  the  latter  temporary. 
This  shews  that  the  acts  are  different,  not  that  they  are  repugnant.  Admitting  them,  however,  to  be  repugnant,  the 
latter  is  to  be  considered  as  repealing  the  former  so  long  only  as  the  latter  are  in  force.  The  repeal  or  determina- 
tion of  the  latter  revives  the  former,  (4  Ins.  335.  1  Blk.  Com.  90.  This  principle  is  recognised  in  the  instance  of 
this  very  law.  The  law  of '93  imposes  on  lead,  for  instance,  a  specific  duty  of  one  cent  pei-  pound.  The  law  of 
'97  exempts  tliis  article  from  duty.  Tliese  provisions  are  repugnant,  and  the  latter  did  necessarily  repeal  or  sus- 
pend the  former.  The  same  specific  duty  is  now  collected  on  this  article.  Wliy?  Because  the  expiration  of  the 
Taw  of '98  revives  the  law  of '93;  otlierwise,  and  on  the  construction  contended  for,  lead  should  only  pay  an  ad  valo- 
rem duty.     If  the  determination  of  the  law  of  '97  revives  the  law  of  '92  in  part,  why  not  entirely.'' 

It  is  also  said  that  certain  expressions  in  the  latter  acts  strongly  infer  an  intention  in  the  Legislature,  that  the 
exemption  should  cease. 

The  words  relied  on  are  contained  in  the  3d  section  of  the  act  of  '98.  The  section  is  as  follows:  ""  And  be  it 
further  enacted,  That  the  5tii  section  of  said  act,  except  so  much  thereof  as  relates  to  the  importation  of  sulphur  and 
saltpetre,  be,  and  is  hereby,  continued  in  force  for  one  year,  from  and  after  the  14th  June  next,  and  from  thence  to 
the  end  of  the  next  session  of  Congress  thereafter,  and  no  longer:  .Ind  that  so  much  of  said  5th  section  as  relates  to 
the  importation  of  sulphur  and  saltpetre  be,  and  is  hereby,  continued  in  force  for  one  year,  and  after  the  lith  June 
1800,  and  from  thence  to  the  end  of  the  next  session  of  Congress  thereafter,  and  no  longer.''^  The  words  under- 
scored are  the  expressions  alluded  to.  The  object  of  the  section  is  two-fold:  to  continue  the  5th  section  of  the  pre- 
ceding act,  as  to  certain  articles,  for  one  period,  and  as  to  the  other  articles,  to  continue  it  for  a  difti^rent  period. 
The  design  is  to  provide  for  the  continuance  and  determination  of  both  parts  of  the  law.  The  expression,  "  and  no 
longer,"  denotes  merely  that  the  law  is  then  absolutely  to  cease.  It  is  a  customary  form  in  all  temporary  acts;  all, 
then,  that  can  be  necessarily  inferred,  is,  that  the  Legislature  intended  the  act  should  cease,  and  of  course  the  ex- 
emption, so  far  as  it  csiuld  be  claimed  under  that  act. 

An  argument  against  tiie  construction  insisted  on  by  the  collector  and  Comptroller,  may  be  derived  from  atten- 
tion to  views  of  the  Legislature,  in  passing  those  several  laws.  The  inducement  to  the  acts  of  '97,  continued  by  the 
act  of  '98,  was  the  danger  of  a  war,  and  the  prudence  of  providing  the  country  with  the  means  of  defence.  The 
provisions  were  all  framed  to  that  end;  and  as  the  occasion  might  be  temporary,  the  law  very  properly  was  made  so, 
and  was  suffered  to  expire  with  tiie  reason  that  produced  it.  'rhe  exemption  from  duty  of  saltpetre,  provided  by 
the  acts  of '90  and  '92,  was  to  favor  the  importation  of  a  raw  material,  and  to  encourage  a  useful  manufacture.  It 
was  dictated  by  the  standing  policy  of  the  Government.  It  was  made  permanent,  because  the  policy  was  so  on 
which  it  was  founded.  It  ought  not  to  be  presumed  that  the  Legislature  intended  to  defeat  this  policy,  unless  such 
intention  is  expressed,  or  necessarily  implied. 

It  may  be  demanded  why  saltpetre  is  mentioned  at  all  in  the  acts  of  '97  and  '98.  To  this  it  may  be  answered,  it 
was  necessary  to  be  mentioned,  as  die  exportation  of  it  was  prohibited.  Still,  it  may  be  said  it  v/as  not  necessary  to 
be  mentioned  as  an  article  exempted  from  duty  on  the  importation.  It  probably  was  so  mentioned  from  inattention 
in  the  Legislature  to  the  acts  of '90,  and  '93.  This  supposition  is  confirmed  by  a  clause  in  the  act  of  '98.  It  enacts 
that  saltpetre  shall  be  free  of  duty  for  the  time  mentioned,  "  any  thing  in  any  former  law  to  the  contrary  notwith- 
standing.*' The  probability  thence  is  extremely  strong,  that  the  former  law,  exempting  this  article  from  duty,  was 
not  then  recollected.  At  any  rate,  it  will  shew  that  the  Legislature  were  bent  on  this  exemption;  and  as  they  were 
not  then  at  all  considering  the  expediency  of  limiting  existing  exemptions,  it  is  not  to  be  presumed  they  had  parti- 
cularly in  view  the  limitation  of  this. 

Mr.  Steel,  tiie  former  Comptroller,  gave  a  deliberate  opinion  on  this  point,  and  decided  that  saltpetre  was  free  of 
duty  after  the  expiration  of  the  acts  of '97  and  '98.  This  opinion  is  stated  in  his  letter,  dated  tiie  30th  May.  1800, 
^vhich  was  circular,  and  addressed  to  all  the  collectors  in  the  United  States.  The  paragraph  alluded  to  is  in  these 
words: 

'■  It  may  be  useful  to  observe,  tiiat  all  the  prohibitions  and  exemptions  contained  in  the  act  of  Congress,  passed 
on  the  14th  June,  1797  entitled  '  An  act  prohibiting,  for  a  limited  time,  the  exportation  of  arms  and  ammunition,  and 
for  encouraging  the  importation  thereof,'  and  which  were  revived  and  continued  by  an  act,  passed  on  the  7th 
April,  1798,  ceased  and  determined  at  the  end  of  the  last  session  of  Congress.  All  the  articles  mentioned  in  that 
act  (excepting  sulphur  and  saltpetre,  which  are  permanently  exempted  by  the  acts  of  loth  Jlugust,  1790,  and  'id 
May,  1793)  are  therefore  restored  to  the  same  footing,  as  to  importation  and  exportation,  as  they  were  before  the 
passing  thereof." 

The  practice  has  been  in  conformity  to  that  opinion,  and  the  importation  of  saltpetre  has  been  free  of  duty  into 
all  the  p.irts  of  tlie  United  States,  until  tiiis  instance,  in  this  port.  This  construction,  and  this  practice  under  it, 
may  not  be  conclusive  on  this  point,  but  it;  certainly  may  be  offset  to  the  authority  on  the  other  side.  Upon  the 
whole,  we  are  all  clearly  of  opinion  that  saltpetre  may  be  imported  into  the  United  States  free  of  duty. 

B.  BOURNE, 


Newport,  September  2,  1803. 


JAMES  BURRILL,  Jr. 
ASIIER  ROBBINS. 


Mr.  F.  Parsons's  opinion  is  requested  on  the  following  ((uestions: 

1st.  Is  saltpetre,  imported  (;nto  the  United  States  after  May  3d.  1802,  liable  to  pay  any  duty.'' 

2d-  If  it  is  not,  what  remedy  has  the  importer,  provided  the  collector  should  insist  \i\fon  payment.' 

OPINION. 

^^nsiver,  Frst.  The  answer  to  this  question  depends  upon  the  construction  of  the  several  statutes  of  the  United 
Slates,  imposing  duties  on  imported  articles.  In  the  three  first  acts  of  Congress  laying  duties  upon  imported 
articles,  saltpetre  is  excepted,  and  1  do  not  conceive  that  any  doubt  can  arise  upon  the  freedom  of  that  article  from 
duty,  until  the  passing  of  the  act  of  June  14,  1797,  prohibiting,  for  a  limited  time,  the  exportation  of  arms  and 
ammunition,  and  encouraging  the  iiupcrtation  thereof.  In  the  5th  of  this  act,  it  is  enacted  that  all  saltpetre,  which 
shall  be  imported  into  the  United  .States  within  the  term  of  two  years,  from  and  after  the  passing  of  that  act,  shall 
be  free  of  duty,  any  thing  in  any  former  law  to  the  contrary  nothwithstanding.  As  saltpetre  was  already  free  of 
tluty,  and  would  have  so  remained  had  tiiis  act  not  passed,  no  exemption  of  it  from  duty  could  be  derived  from 
this  act.  It  was,  therefore,  so  far  as  related  to  saltpetre,  nugatory,  or  at  most  a  cumulative  provision  in  its  favor  ex 
ubuadanli.  Another  act  alterwards  passed,  on  April  7,  1798,  continuing  this  act,  in  the  2d  section  of  which  it  is 
enacted  that  so  much  of  the  5th  section  of  the  former  act  as  relates  to  the  importarion  of  saltpetre,  be  continued  in 
force  for  one  year,  from  and  after  the  14th  June,  1800,  and  to  the  then  next  session  of  Congress,  cmd  no  longer. 
This  session  lerminated  May  3d,  1803.  Now  it  appears  to  me  very  clear  that,  until  May  Sd.  1803.  saltpetre  derived 
no  exemption  I'rom  this  last  act,  because,  had  it  never  have  been  passed,  that  article  would  have  been  free  from 
duty,  as  none  had,  before  tiiat  tiipe,  been  iinposed  on  it.  Tiic  only  question  remaining  is,  whether  a  law  continuing 
an  act  to  a  certain  time,  and  no  longer,  which  act  exempts  from  duty  a  certain  article,  already  free,  is  to  be  con- 
strued as  laying  a  duty  on  lisal  article.  It  is  my  opinion  that  no  such  construction  can  be  admitted.  The  words, 
and  no  longer,  are  mere  surplussage;  without  them,  the  act  would  have  expired  the  same  day.  The  act  does  not 
pro^ldo  that  saltpetre  sliall  be  exempted  from  duty  to  diat  day,  and  no  longer,  but  that  a  clause  of  an  act,  which 


1807.]  REMISSION   OF   DUTIES.  261 


related  to  the  importation  of  that  article,  already  free  from  duty,  should  be  in  force  no  longer.  If  saltpetre  is  now 
liable  to  a  duty,  it  is  by  virtue  of  an  act  which  is  now  expired.  If,  while  in  foice,  it  was  considered  as  repealing  the 
former  acts,  they  are  now  revived  by  the  death  of  the  repealing  act.  If,  while  in  foice,  it  was  only  cumulative  to 
the  former  acts,  its  repeal  can  not  affect  the  acts  to  which  it  is  cumulative.  Iiulei'd,  it  is  my  opinion  that  saltpetre, 
imported  after  May  3d,  18t)0,  is  still  free  from  duty,  and  I  have  no  doubt  but  what  arises  from  iid'ormation,  that  the 
present  Comptrollei'  is  of  a  different  opinion. 

Secondly.  The  regular  way  is  to  pay  all  tiie  duties  but  on  saltpetre;  to  refuse  diat  pnyment,  and  let  the  col- 
lector put  the  bond  in  suit.  And  i  i-hould  suppose  that,  \\\wn  the  dehiy  of  payment  results  merely  (rom  a  dispute 
about  a  legal  question,  in  which  respectable  opinions  diHer,  the  credit  at  the  custom  house  would  not  be  suspended. 

TIIEOP.  PARSONS. 

November  19,  1803. 

Extract  of  a  letter  from  Mr.  J.  Parker  to  Gibbs  and  Charming,  dated  Bonton,  August  24,  1803. 

"  I  have  just  received  yours  of  the  20th.  and  have  applied  at  the  custom  house;  General  Lincoln  not  being  there, 
I  obtained  the  enclosed  from  the  deputy  collector.    He  says  they  do  not  demand  any  duties  on  saltpeti-e." 

Custom  Hoiisi:,  Boston-,  August  24, 180.3. 
Sir: 

Your  question  respecting  duties  on  saltpetre  may  be  answered  by  a  reference  to  a  circular  letter  from  the 
Comptroller  of  the  Treasury,  dated  M;iy  30,  1800,  which  shows  why  saltpetre  and  sulphur  are  exempt  from  duty. 
They  were  permanently  exempted  by  an  act  of  Congress,  August  10,  1790,  and  May  2d,  1792,  and  are  now  on  the 
same  footing  as  if  the  subsequent  acts  never  existed. 

I  am,  very  respectfully,  your  obedient  servant, 

BENJAMIN  WOOD,  Deputy  Collector. 
John  Parker,  Esq. 

Copy  of  a  letter  from  Clement  Biddle,  Esq.  to  Gibbs  and  Channing,  dated  P/riladclphia,  August  30,  1803. 

Gentlemen: 

Enclosed  is  the  certificate  from  our  custom  house.  Mr.  Graft',  deputy  collector,  who  has  been  the  deputy 
and  chiefly  executing  the  business  from  the  beginning,  tells  me  that  no  duty  has  been  ever  charged  on  saltpetre; 
being  always  entered  free. 

I  am,  with  great  esteem,  your  obedient  servant, 

CLEMENT  BIDDLE. 

Port  of  Philadelphia. 

These  are  to  certify,  that  there  was  imported  into  this  district  on  the  2d  April,  1803,  by  Joseph  S.  Lewis  and 
Co.  in  the  schooner  Camilla,  Rosseter,  master,  from  Calcutta,  the  following  merchandise,  viz.  one  hundred  and 
eleven  bags  of  saltpetre,  free  of  duty,  according  to  law.  Given  under  my  hand,  and  seal  of  office,  at  the  custom 
house,  this  thirtieth  day  of  August,  in  the  year  of  our  Lord  1803. 

JOHN  GRAFF,  Deputy  Collector. 
W.  MACPHERSON,  ^S".  Officer. 


Copy  of  a  letter  from  Mes.^rs.  George  Crowninshie.ld  and  Sons,  dated  Salem,  August  29,  1803. 

Gentlemen: 

In  answer  to  yours  of  the  20tii  inst.  we  have  to  inform,  that  only  one  ship  has  entered  this  port  with  saltpetre 
this  season,  and  it  was  admitted  free,  which  appears  by  the  certificate  of  our  collector,  herewith  enclosed. 

We  remain,  your  humble  servants, 

GEORGE  CROWNINSHIELD  &  SONS. 
Messrs.  Gibbs  and  Channinc;. 

District  of  Salem  and  Beverly, 

Port  of  Salem,  August  26,  1803. 

This  certifies,  that,  on  the_  sixteenth  day  of  May,  of  the  present  year,  the  ship  Franklin,  Moses  Townsend,  master, 
from  Calcutta,  entered  at  this  port,  having  on  board,  one  hundred  and  three  bags  saltpetre,  which  was  admitted 
free  of  impost. 

Given  under  my  hand  and  seal,  at  Salem,  the  day  and  year  above  written. 

WILLIAM  R.  LEE,  Collector. 


•  Treasury  Department,  December  24,  1604. 

Sir: 

In  answer  to  your  letter  of  the  7th  instant.  I  have  the  honor  to  enclose  copies  of  two  letteis  from  the  Comp- 
troller of  the  Treasury  to  the  Secretary,  which  show  the  course  that  was  pursued,  and  the  rensons  in  support  of 
the  construction  adopted  by  that  officer,  in  relation  to  tlie  duty  on  saltpetre. 

Under  all  the  circumstances  of  the  question,  when  it  came  before  me,  in  May  last,  it  appeared  proper  to  sustain 
that  construction;  leaving  it  with  Congress  to  provide  a  legislative  remedy,  if  they  thought  either  the  opinion  enter- 
tained at  the  treasury  erroneous,  or  the  existing  provisions  inexpedient.  An  ad  valorem  duty  is,  since  September, 
18i3,  collected  in  every  port. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Honorable  Jacob  Crowninshield,  Chairman  of  the  Committee  on  Commerce  and  Manufactures. 


Extract  of  a  letter  from  the  Comptroller,  dated  December  21,  1804. 

The  limitation  of  the  exemption  of  saltpetre  from  duty,  by  the  act  of  the  7th  of  April,  1798,  expired  on  the  3d 
of  May,  1802.  After  that  period  a  diversity  of  opinion  prevailed  among  the  collectors  of  the  customs:  some  requir- 
ing the  duty  from  the  impjrters,  whilst  others  were  of  opinion  tiiat  the  article  still  continued  exempt  from  duty.  It 
was  not  known  at  the  treasury  that  this  tiitfeience  in  opinion,  on  the  construction  of  the  laws  lelating  to  the  subject, 
existed,  until  the  case  of  Gibbs  and  Channing  occurred  at  Newport.  The  collector  for  that  port  being  of  opinion 
34         tt 


262 


FINANCE.  [1807. 


that  the  article  was  subject  to  duty,  required  it  to  be  paid.  Application  was  made  to  tiiis  Department  for  a  decision 
of  the  question.  On  examining  the  subject,  it  was  my  opinion  that  the  limitation  of  tlie  exemption  expired  on  the  3d 
of  Mav  180:3,  and  the  collector  was  instructed  accordingly.  The  reasons  of  my  opinion  are  briefly  stated  in  a  letter 
of  the'2'd  of  May  last  to  you,  a  copy  ot  which  you  will  herewith  receive,  and  to  which  you  are  referred.  I  have  not 
altered'my  opinion.  When  tiie  law  declares  that  all  sulphur  and  saltpetre  which  shall  be  imported  into  the  United 
States  from  a  foreign  country,  shall  be  free  of  duty  until  a  certain  specified  day,  and  no  longer,  in  my  judgment  tlie 
exemption  must  cease  on  that  day,  although  by  a  prior  act  there  was  no  limitation  of  the  exemption.  The  language 
of  the  act  of  1798  justifies  the  construction  which  I  have  given,  and  the  negative  expressions  used  clearly  manifest 
the  intention  of  the  Legislature.  . 

Messrs.  Gibbs  and  Channing,  finding  that  the  duty  was  insisted  on  by  the  collector,  executed  bonds  to  secure 
the  payment  of  it;  requesting,  at  the  same  time,  to  be  indulged  with  the  usual  credit  at  the  custom  house,  although 
they  should  refuse  payment,  and  a  suit  on  their  bimds  should  become  necessary  to  recover  the  duty.  This  the  col- 
lector refused  to  grant  without  the  approbation  of  the  Comptroller.  He  addressed  me  on  the  subject,  and  he  was  in- 
structed to  grant  their  request,  as  will  appear  by  my  letter  to  him  in  reply,  an  extract  ot  which  here  follows: 

Extract  of  a  letter  from  the  Comptroller  of  the  Treamry  to  William  Ellcry,  Collector  of  Newport,  Rhode  Island, 

dated  llth  December.  1803. 

"  Your  letter  of  the  2d  instant  is  before  me.  From  ycun-  representation  of  tlie  ability  and  punctuality  of  Messrs. 
Gibbs  and  Channing,  I  have  no  doubt  but  that  their  lefusal  to  pay  the  whole  of  their  bonds  taken  for  duties,  arises 
wholly  from  the  circumstance  that  the  duties  on  the  article  of  saltpetre  are  included  in  those  bonds.  As  the  laws 
which  relate  to  duties  on  saltpetre  are  susceptible  of  diftiM'cnt  constructions,  and  as  the  subject  is  now  under  the  con- 
sideration of  Congress,  1  think  it  proper  that  they  should  be  indulged  with  a  credit  at  the  custom  house,  as  usual, 
until  a  decision  shall  take  place  in  the  case." 

Notwithstanding  this  construction,  Messrs.  Gibbs  and  Channing  thought  proper  to  discharge  their  first  bond  be- 
fore a  trial  was  had,  or,  perhaps,  it  may  have  been  before  a  suit  was  commenced.  So  that  it  was  in  consequence  of 
their  own  act,  and  not  from  any  rigor  on  the  part  of  the  treasury,  that  a  legal  decision  of  the  question  did  not  take 

After  some  time  had  elapsed,  and  subsequent  to  a  circular  letter  from  this  office,  dated  irth  September,  1803,  to 
establish  an  uniform  practice  at  the  custom  houses,  Me-srs.  Gibbs  and  Channing  again  made  application  to  the  col- 
lector, lequesting  an  amicable  suit,  and  that  they  should  be  indulged  with  credit,  as  usual,  in  the  mean  time.  The 
collector  refused  to  comply,  (and  I  conceive  with  propriety)  deemnig  the  application  improper  after  the  circular  let- 
ter on  the  subject;  and  knowing  also  that  a  bill  which  had  been  brought  into  the  Senate,  during  the  last  session,  for 
the  purpose  of  exempting  the  article,  had  been  rejected  by  that  branch  of  the  Legislature. 

Since  the  circular  letter  btforenientioned,  an  ad  valorem  i\\\{y  has  been  charged  on  it,  and  paid,  I  believe,  without 
exception,  throughout  the  United  Stiites,  wherever  imported.  No  instance  of  a  refusal  has  ever  come  to  my 
knowledge. 

If,  in  the  opinion  of  the  Legislature,  the  circumstances  of  the  country  require  that  saltpetre  should  be  nnported, 
free  of  duty,  without  doubt  they  will  pass  a  law  to  that  effect. 


Treasury  Department,  Comptroller's  Office,  May  2,  1804. 

Sir: 

I  have  not  heretofore  had  leisure  to  attend  to  your  request,  in  consequence  ot  General  Smith's  letter,  that  I 
would  assign  the  reasons  of  my  opinion,  that  saltpetre  "is  not  exempt  from  duty.     They  are  now  briefly  stated. 

15y  an  act  of  Congress,  i)assed  on  the  fourth  day  of  July,  1789,  ch.  2,  sec.  1,  saltpetre  is  declared  to  be  free  of  duty. 

]}y  an  act  of  the  10th  of  August,  1790,  ch.  39,  sec.  1,  saltpetre  is  again  exempted  from  duty,  without  limitation  of 
time. 

By  an  act  of  the  2d  of  May,  1792,  ch.  27,  sec.  2,  sulphur,  among  other  articles,  is  added  to  the  list  of  exemptions. 

By  an  act  of  the  1  tth  June,  1797,  ch.  2,  sec.  5,  it  is  enacted,  that  all  sulphur  and  saltpetre,  and  many  other  arti- 
cles which  should  be  imported  into  the  United  States,  from  any  foreign  country,  within  the  term  of  two  years  from 
the  passing  of  tlie  act,  should  be  free  of  duty. 

By  the  act  of  the  7th  of  April,  1798,  ch.  4t,  sec.  2.  it  is  provided,  that  so  much  of  the  5th  section  of  the  act  of 
1797,  as  relates  to  the  importation  of  sulphur  and  saltpetre,  be  continued  in  force  for  one  year  from  the  1 1th  of  June, 
1800,  and  from  thence  to  the  end  of  the  next  session  of  Congress  thereafter,  and  no  longer. 

It  is  under  the  act  of  1790,  before  referred  to,  and  the  two  last  mentioned,  that  I  considered  it  liable  to  duty,  the 
exemption,  being  limited  and  restrained,  by  the  act  of  1798,  to  the  end  of  the  first  session  of  Congress  after  the  expi- 
ratifm  of  one  year  iiom  the  llth  of  June,  1800,  iti  other  words,  to  the  third  of  May.  1802. 

The  first,case  which  occurred  was  at  Newport,  in  Rhode  Island,  where  the  collector,  construing  the  laws  as  I  do, 
required  an  ad  valorem  duty  on  saltpetre,  which  had  been  imported  by  Messrs.  Gibbs  and  Channing,  of  that  place. 
As  they  claimed  the  exemption,  the  subject  was  referred  to  the  Comptroller.  The  collector  was  directed  by  me  to 
insist  on  the  duty. 

I  consider  it  a  just  rule  of  construction,  and  which  will  not  be  denied,  that  all  the  acts  which  relate  to  the  same 
subject,  are  to  be  considered  as  one  act,  and  such  construction  should  pre\ail  as  v.'ill  give  eft(>ct  to  every  part,  if  it 
can  consistently  be  done,  and  a  prior  act  is  repealed  by  a  subsequent  one,  wliicii  is  repugnant  to  it,  especially  where 
negative  expressions  are  used,  although  there  are  no  express  words  of  repeal.  If  we  give  eflect  to  the  last  act,  which 
passed  in  1798,  it  must  operate  as  a  repeal  of  so  much  of  the  first  section  of  the  act  of  1790  as  exempts,  and  of  the 
second  section  of  the  act  of  1792,  which  continues  the  exemption,  of  saltpetre  and  sulphur,  without  limitation  of  time. 
The  act  of  1798  provides  that  so  much  of  the  5th  section  of  the  act  of  1797,  as  relates  to  the  importation  of  sulphur 
and  saltpetre,  shall  be  continued  in  fiuce  for  one  year  alter  the  Mth  of  June,  1800,  and  from  thence  to  the  end  of  the 
next  session  of  Congress  thereafter,  and  no  longer.  The  negative  expressions  used  shew  the  intention  of  the  Legisla- 
ture as  plainly  as  if  the  act  of  1790  had  been  repealed  in  expi-ess  terms.  A  contrary  construction  will  render  wholly  nu- 
gatory the  two  last  acts,  which  is  contrary  to  the  established  rules  of  interpretation.  The  acts  of  1797  and  1798  must 
be  considered  as  void  of  meaning  altogether,  if  a  diflerent  construction  is  to  prevail,  ^^'hy  should  the  articles  of  sul- 
phur and  saltpetre  have  been  introduced, at  all,  if  it  was  not  the  intention  of  the  Legislature  to  limit  the  exemption? 
The  counsel  for  Messrs.  Gibbs  and  Channing  contended  for  the  exemption,  on  the  groiind  that,  when  a  repealing 
law  is  itself  repealed,  the  old  law  revives  and  emerges  into  force.  The  rule  is  admitted,  but  it  does  not  apply:  the  cases 
are  dissimilar.  Tlie  act  of  1797  is  not  repealed  by  the  act  of  1798.  The  limitation  of  the  exemption  by  the  first,  is  e.i7en(/- 
«/by  the  last  of  these  acts.  They  contended,  also,  that,  as  saltpetre  had  never  been,  by  any  act,  directly  subjected  to 
duty,  it  should,  after  the  times  limited  by  these  acts,  revert  to  the  same  state  it  was  in  before  the  limitation  was 
made,  and  be  free  of  duty:  but  liiis  appears  to  ine  to  be  fallacious  and  inconclusive.  An  exemption  from  duty  for  a 
limited  period,  implies,  with  a  force  not  to  be  resisted,  that  the  duty  must  be  paid,  alter  the  limitation  expires.  It 
has  also  been  contended  that  Congress,  when  they  passed  the  acts  of  1797  and  1798,  did  not  know,  or  did  not  recol- 
lect, theact  which  exempted  saltpetre  generally:  but  this  is  a  supposition  too  improbable  to  be  seriously  urged.  And 
it  may  be  added  that  it  is  immaterial  whether  they  have  purposely  or  unintentionally  used  expressions  which  amount 
to  a  repeal  of  the  law  making  the  exemption. 

Since  iny  letter  to  the  collector  of  Newport,  the  duties  on  this  article  have  been  generally  paid  throughout  the 
United  States.  Whether  it  is  expedient  and  necessary  now  to  apply  to  the  Attorney  General  for  his  opinion  on  the 
question,  remains  for  you  to  determine. 

I   have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

G.  DUVALL. 
Albert  Gallatin,  Esqr.  Secretary  of  the  Treasury. 


1808.]  THE    MINT.  26^: 


lOthCoNGREss.]  No.  273.  [1st  Sessiox. 


MEDITERRANEAN    FUND. 

COMMUNICATED    TO     THE     HOUSE    OF     REPKESEMATIVES,    DECEMHF.R    29.    1  SOT. 

TuEAsuuv  Depaut.mknt,  Dpci'inbcr  2^lh,  1807. 
Sir: 

I  had  the  honor  to  receive  your  letter,  requesting  my  opinion  respecting  the  propriety  of  continuing,  Cora 
limited  time,  the  duties  called  the  "Mediterranean  fund." 

I  believe,  that,  in  case  of  war,  the  revenue  will  be  so  much  affected,  as  to  rendei' additional  duties  or  taxes  neces- 
sary; and,  although  tiie  deficiency  may  not  be  sensii)ly  felt  during  tli(>  year  1808,  it  is  |)r()per  to  provide,  at  this  time, 
for  the  year  1800,  because  the  ivceipts  of  that  year  will,  in  a  great  degree,  depend  on  the  amount  of  duties  accrued 
during  1808.  The  non-importation  act,  or  any  other  measure  of  a  similar  nature,  will  also  produce  a  diminution  of 
revenue,  which  must  be  supplied  fnun  some  other  quarter.  It  is,  tlu'refore,  only  in  case,  not  merely  of  a  continu- 
ance of  peace,  but  of  an  adjustment  of  dift'erences.  and  of  a  repeal  of  commercial  prohibitions  and  restrictions,  that 
we  may  calculate  on  a  revenue  equal  to  tlie  estimated  amount.  In  the  mean  while,  extraordinary  appropi-iat ions 
have  already  been  made;  and  the  rate  of  expenditure  will,  during  that  state  of  suspense,  be,  necessarily,  considcriiblv 
increased. 

With  that  view  of  the  subject,  believing  the  Mediterranean  duties  to  be  as  eligible,  at  least,  as  any  otiiei-  mode 
of  taxation,  and  it  being  also  more  convenient  to  continue  an  existing  tax  tl)an  to  impose  a  new  one  the  continuance 
of  that  revenue,  for  a  limited  time,  and  whilst  the  issue  o(  the  existing  state  of  affairs  remains  uncertain,  appears  to 
be  a  provident  and  wise  measure. 

As  to  the  amount  of  the  fund  itself,  I  have  nothing  to  add  to  the  information  already  given.  It  is  evident  that 
it  will  be  affected  by  any  decrease  of  importation,  in  the  same  proportion  as  tiie  other  duties  ad  valorem. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Honorable  G.  VV.  Campbell,  Chairman  of  the  Commillee  of  JVays  and  Means. 


10th  Congress.]  No.    274.  [1st  Sessiox. 


M  I  N  T. 

communicated    to    the    senate,    JANUARY    8,    1808. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

I  communicate,  for  tiie  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operations  of  that 
establishment  during  the  last  year. 


January  8,  1808. 


TH:  JEFFERSON. 


Mint  of  the  United  States,  Januan/  1st.  1808. 
Sir: 

At  the  ci>mmencement  of  the  present  year,  I  have  the  honor  of  laying  before  you  a  refwrt  of  the  operations  of 
int,  during  the  last  year. 


the  min 


the  mint,  during  tne  last  year. 

From  the  enclosed  statement  of  tlie  treasurer,  it  will  appear  that,  during  that  iicriod.  there  have  Ijeen  struck  at 
the  mint,  gold  coins,  to  the  amount  of  four  hundretl  and  thirty-seven  thousand  four  hundred  and  ninety-five  dollars: 
silver  coins,  to  the  amount  of  five  hundred  and  ninety-seven  thousand  four  hundred  and  forty-eight  dollars  ami 
seventy-five  cents;  and  copper  coins,  to  the  amount  of  nine  thousand  six  hundred  and  fifty-two  dollars  and  twenty- 
one  cents:  making  the  whole  amount,  one  million  and  .forty -four  thousand  five  hundred  and  ninety-Jive  do/lar.'i 
and  ninety-six  cents;  and  the  number  of  pieces,  two  millions  seven  hundred  and  thirty-one  thousand  three  hundred 
and  forty-five;  a  sum  f;ir  exceeding  the  issues  of  any  former  year,  since  ihe  establishment  of  the  institution. 

There  are,  at  this  time,  in  the  vaults  of  the  mint,  gold  ami  silver  bullion,  deposited  for  coinage,  to  the  full  amount 
of  two  hundred  and  fifty  thousand  dollars;  and  of  copper  plancheltes.  in  cents  and  halt  cents,  nearly  thirty  tons: 
nor  can  there  be  any  doubt,  that,  from  the  bunks  in  this  city,  and  other  sources,  there  will  be  a  continued  ample 
supply. 

You  will  permit  me,  sir,  to  mention,  that  the  act  of  Congress  fi)r  continuing  the  mint  at  Phlladelpliia  will  expire 
on  the  fourth  day  of  March  next.  The  attention  of  Congress  will,  tiierefore,  it  is  respectfully  hoped,  be  seasonably 
directed  to  that  object. 

I  have  the  honor  to  be,  with  sentiments  of  the  greatest  respect  and  esteem, 

Your  obedient  faithful  servant. 

R.   PATTERSON. 

'i'noMAs  Jefferson,  President  of  tiie  United  Stales. 


264 


FINANCE. 


[1808. 


A  statement  of  the  Coins  struck  at  the  Mint  of  the  Uniled  Slates,  from  the  1st  January  to  the  3lst  December,  1807, 

inclusive,  viz. 


SILVER    COINS. 

Amount  in 
Dollars. 

Total. 

Half  Dollars. 

Quarter  Dollars. 

Dimes. 

Quarter  ending  in  March, 

June,      -            -           - 

September, 

December, 

106,040 
329,036 
325,000 
291,500 

216,823 

2,820 

80,000 
85,000 

115,225  75 
173,973  00 
162,500  00 
145,750  00 

3 

1,437,219  pieces  of  silver  coins. 

1,051,576 

220,643 

165,000 

Total  amount  of  silver  coins, 

- 

$597,448  75 

92,110  00 

87,360  00 

79,835  00 

178,190  00 

GOLD    COINS. 

Half  Eagles. 

Quarter  Eagles. 

Quarter  ending  in  March,     - 
June, 

September, 
December, 

- 

15,016 
17,472 
15,967 
35,638 

6,812 

90,905  pieces  of  gold  coins. 

84,093 

6,812 

Total  amount  of  gold 

437,495  00 

2,985  00 
2,902  21 
1,385  00 
2,380  00 

-^^ 

COPPER    COINS. 

Cents. 

Half  Cents. 

Quarter  ending  in  March,     - 
June, 

September, 
December, 

- 

264,000 
225,221 

238,000 

69,000 
130,000 
277,000 

1,203,221  pieces  of  copper  coins, 

727,221 

476,000 

9,652  21 

2,731,345  pieces  of  coins. 

Amoun 

t  of  all  the  coin 

s  struck  in  1807 

? 

1,044,595  96 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  31  st  December,  1807. 


BENJAMIN  RUSH. 


An  abstract  of  the  ordinary  expenditures  of  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  3lst  of 

December,  1807,  inclusive,  viz. 


/ 

Salaries. 

Wages. 

Incitlental. 

Totals. 

Quarter  ending  in  March,  1807,          .           -            .            - 
"           "          June,          ...            -           - 
"            "          September,            -           ...           - 
"            "          December,             .... 

$2,650  00 
2,650  00 
2,650  00 
2,650  00 

$1,766  81 
1,969   17 
1,962  47 
1,841    18 

$444  08 

1,969  02 

450  40 

1,014   19 

$4,860  89 
6,588  19 
5,062  87 
5,505  37 

$10,600  00 

$7,539  63 

$3,877  69 

Amount, 

$22,017  32 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1807. 

BENJAMIN  RUSH. 


1808.]  ASSAYS   OF   FOREIGN  COINS.  265 


lOthCoNGREss.]  ]\-0_    275.  [1st  Session-. 


ASSAYS   OF   FOREIGN   COINS. 

COMMUNICATKD    TO    THE   SENATE,   JANUARY    19,    1808. 

Treasury  Department,  January  I6t/t.  1808. 
Sir: 

I  have  the  honor  to  transmit,  heievvith,  a  report  prepared  in  obedience  to  tlie  directions  of  the  act  .  entitled 
"  An  act  regulating  the  currency  of  the  foreign  coins  in  the  United  States." 

I  have  the  iionor  to  be,  very  respectfully,  Sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Honorable  the  President  of  the  Senate. 


The  Secretaiy  of  the  Treasury,  in  obedience  to  the  directions  of  the  act,  entitled  "  An  act  regulating  the  currency 

of  the  foreign  coins  in  the  United  States,"  respectfully  reports: 

That  assays  of  the  foreign  gold  and  silver  coins  made  curient  by  the  act  aforesaid,  have  been  made  at  the  mint 
of  the  United  States;  the  I'esult  whereof  will  appear  by  the  letter  of  the  Director  of  the  Mint,  dated  24th  December. 
1807,and  herewith  transmitted. 

That  it  may  be  thence  inferred — 

1st.  That  tlie'gold  coins  of  Great  Britain  and  Portugal,  the  French  crowns  and  Spanish  milled  dollars,  have  not, 
by  the  act  aforesaid,  been  rated  above  their  intrinsic  value. 

'2d.  That,  although  the  gold  coins  of  France  and  Spain  have,  by  the  act,  been  rated  at  the  rate  of  one  hundred  cents 
for  every  twenty-seven  grains  and  two-filths  of  a  grain  of  the  weight  thereof,  twenty-seven  grains  and  two-filths 
of  a  grain  of  the  gold  coins  of  France,  are  worth  only  ninety-nine  cents  and  three-fourths  of  a  cent;  and  twenty- 
seven  grains  and  two-fifths  of  a  grain  of  the  gold  coins  of  Spain  are  worth  only  ninety-five  cents  and  three-fourths  i>f 
a  cent. 

.3d.  That,  although  the  parts  of  a  Spanish  milled  dollar  have,  by  tiie  act,  been  rated  at  the  rate  of  one  hundred 
cents  for  every  seventeen  pennyweights  and  seven  grains  of  the  weight  thereof,  that  weight,  in  pistareens,  or  fifths  of 
a  dollar,  coined  prior  to  the  year  1738,  is  worth  (mly  ninety-nine  cents,  and  in  pistareens  coined  subsequent  to  the 
year  1773,  is  worth  only  ninety  cents  and  one-tenth  of  a  cent. 

4th.  That  the  crowns  of  France  and  the  parts  thereof,  have,  by  the  act,  been  rated  at  the  rate  of  one  hundred 
and  ten  cents  for  every  eighteen  pennyweights  and  seventeen  grains  thereof,  but  that  that  weight  in  five  fiancs 
pieces,  (and  it  is  understood  that  all  the  other  modern  silver  coins  of  France  are  of  the  same  standard)  is  worth 
only  one  hundred  and  eight  cents  and  three-fifths  of  a  cent. 

And  that,  in  order  to  reduce  tiiose  several  descriptions  of  foreign  coins  to  their  true  value,  according  to  the  as- 
says lately  made,  it  would  seem  proper  that  they  should,  hereafter,  pass  current  at  the  following  rates,  viz,: 

Gold  coins  of  France,  at  the  rate  of  one  hundred  cents  for  every  twenty-seven  grains  and  one  lialf  of  a  grain  of 
the  actual  weiglit  theieof. 

Gold  coinsof  Spain  and  the  dominions  of  Spain,  at  the  rate  of  one  hundred  cents  for  every  twenty-eight  grains 
and  five-eights  of  a  grain  of  the  actual  v.  eight  thereof. 

Spanish  pistareens,  at  the  rate  of  one  hundred  cents  for  every  nineteen  pennyweights  and  five  grains  of  the  ac- 
tual weight  thereof. 

Five  francs  pieces  of  France,  at  the  rate  of  ninety-three  cents  for  every  sixteen  pennyweights  of  the  actual  weight 
thereof,  and  in  proportion  for  subdivisions  of  five  francs  pieces. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  January  \i/h,  1808. 


Car. 

Gr. 

2-2 

0 

22 

0 

Mint  of  the  United  States,  December  24//(.  1807. 
Sir: 

Agreeably  to  your  desire,  1  have  caused  assays  to  be  made  of  the  various  species  of  foreign  gold  and  silver 
coins  (as  far  as  could  be  procured)  required  by  the  act  of  Congress,  passed  the  10th  of  April,  180G;  the  result  ot 
which,  according  to  the  assayer's  report,  is  as  follows: 

I.  Gold  Coins  of  Great  Britcdn. 

No.  1.  Made  from  seven  pieces,  of  dates  prior  to  1806,  -  -  .  . 

2.  Made  from  seven  ditto,  of  the  year  180(j,        .  .  -  -  . 

None  of  1807  could  be  procured. 

II.   Gold  Coins  of  Portugal. 

Made  from  ten  pieces,  of  dates  prior  to  1806,  -  -  .  .  . 

None  of  subsequent  dates  could  be  procured. 

III.  Gold  Coins  of  France. 

No.  1.   Made  from  three  pieces,  of  liCwis  XV.  -  -  -  .  . 

2.  Made  from  three    ditto,  oflAnvisXVi.  -  .  _  -  . 

3.  Made  from  two  twenty-five  franc  pieces,  of  the  years  1812  and  1813, 

4.  Made  from  three         do.        do.       do.      of  the  year  1826, 

None  of  the  year  1807  could  be  procured. 

IV.  Gold  Coins  of  Spain. 

No.  1.  Made  from  ten  pieces,  of  dates  prior  to  1806,  ..... 

2.  Made  from  five  ditto,  of  the  year  1806,  •  .... 

3.  Made  from  three  ditto,  of  the  year  1807,  -  .  .  .  . 


21 

o 

21 

2.i 

21 

24 

21 

oi 

20 

3i 

20 

2-f 

20 

3.1 

266 


FINANCE. 


[1808. 


No. 


No. 


V.  Silver  Coins  of  France. 

Made  from  five  crowns  of  Lewis  XVI. 
Made  from  three  five  franc  pieces,  of  the  years  5,  6,  8, 
None  of  subsequent  dates  could  be  procured. 

VI.  Silver  Coins  of  Spain. 

Made  from  three  dollars,  of  dates  prior  to  1806,    ■ 

Made  from  two      ditto,    of  the  year  1806, 

Made  from  two      ditto,    of  the  year  1807, 

Made  from  five  plstareens,  of  dates  between  1708  and  1737, 


Oz.  Dwt.    Gr. 

10     19     12 
10     15     12 


10 

15 

00 

10 

15 

06 

10 

15 

00 

10 

12 

18 

9 

13 

12 

Made  from  five      ditto,      or  five-fifths  of  a  dollar,  of  dates  between  1773  and  1778,  9 

From  the  above  report  it  may  be  inferred — 

1.  That  the  gold  coins  of  Great  Britain  and  of  Portugal,  being  of  the  same  quality  or  standard  with  those  of  the 
United  States,  are,  by  the  act  of  Congress,  rated  at  their  true  intrinsic  value,  of  twenty-seven  grains  to  one  hun- 


For,  comparing  them  with  the 
100  cents; 


dred  cents. 

2.  That  all  the  other  gold  coins  have  been  rated  above  their  intrinsic  values, 
standard  of  the  gold  coins  of  the  United  States,  the  following  will  be  the  results: 

Gold  coins  of  France  being  21  carats  2^  grains  fine;  27yV3  grains,  or  27j(n,j,  will  be  equal  in  value  to 
and  gold  coins  of  Spain,  averaging  about  20  cai-.  3  gr.  fine;  28|f  gr.  or  28^^/,/^,  will  equal  100  cents;  whereas,  by  act 
of  Congress,  27f  gr.  '27xi'o%,  both  of  the  French  and  Spanish  gold  coins,  are  made  equal  in  value  to  100  cents. 

It  may,  however,  be  observed,  that  all  foreign  gold  coins  have  now  nearly  ceased  to  circulate  as  a  currency  in 
the  United  States.  Deposites  of  these  are  still,  indeed,  frequently  made  in  our  banks;  but  are  thence,  either  sent 
to  the  mint  lor  coinage,  or  re-issued  for  the  purpose  oj"  exportation. 

3.  That  the  French  crowns  and  Spanish  milled  dollars  have  not  been  overrated;  but,  in  tact,  if  of  full  weight, 
would  exceed  their  legal  value  by  a  small  fractionof  a  cent. 

4.  That  the  French  five  franc  pieces,  the  quality  being  inferior  to  that  of  the  French  crowns  18  dwt.  17  gr.  instead 
of  1 10  cents,  (the  legal  value  of  a  French  crown)  would  be  in  value  only  108  cts.  6  mills. 

5.  That  of  the  Spanish  pistareens,  or  fifths  of  a  dollar,  17  dwt.  7  gr.  of  those  of  10  oz.  12  dwt.  18  gr.  fine,  would  only 
be  worth  99  cts.  1  mill,  and  of  those  of  9  oz.  13  dwt.  12  gr.  no  more  than  90  cts.  1  mill;  whereas,  by  law,  a  Spanish 
dollar  of  the  above  weight,  (and  in  proportion  for  the  parts  of  a  dollar)  is  valued  at  100  cents. 

I  have  the  honor  to  be.  &c. 

R.  PATTERSON. 
The  Honorable  Albert  Gallatin.  Secretary  of  the  Treasury. 


10th  Congress.] 


No.  276. 


[1st  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVE.S,  JANUARY   19,  1808. 

Sir:  Treasury  Department,  January  18,  1808. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  firawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1801,  1805,  and  1806. 

I  have  the  honor  to  be.  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


A  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1804,  1805,  and  1806,  compared  fvith  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN-  THE   lEin    1804. 

IX    THE  TEAH   1805. 

IN  THE  TEAR   1806. 

SPECIES  OF  MEIU'IIANDISE. 

s 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Mercliandise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars 

Dollars. 

Pavinga  duly  of  12A  per  cent,  ad  val. 

1,794,697 

308,011 

- 

42,239 

- 

168 

Do                13j           do 

64,427 

29,790 

- 

2,410 

Do                15              do 

3,374,397 

247,857 

5,792,800 

834,456 

6,493,372 

1,160,844 

D.)                I5i            do 

40 

- 

- 

- 

17,858 

3,254 

Do                16=5            ilo 

223,422 

56,897 

338,539 

151,949 

189,333 

96,335 

Do                17i            do 

678,035 

27,053 

1,339,132 

109,881 

1,636,240 

201,526 

Do                19i            do 

41,151 

8,284 

72,046 

18,292 

58,721 

15,194 

Do               20              do 

32,986 

2,850 

- 

18 

Do                22              do 

4,060 

748 

Do                22i            do 

49,048 

1,525 

86,419 

8,190 

129,797 

10,038 

Do                24;^            do 

11,083 

342 

16,103 

1,274 

11,480 

1,482 

Wines,   Madeira,         _             -             _ 

238,982 

29,952 

171,592 

48,194 

226,271 

44,382 

Burgundy  and  Champaigne,  - 

862 

65 

2,556 

732 

3,701 

794 

Sheny  and  St.  Lucar, 

225,888 

4,153 

130,339 

8,696 

135,588 

9,946 

Claret,            _             _             - 

61,992 

32,027 

86,086 

58,745 

51,345 

38,062 

Lisbon,  Opoi'to,  &c.  -             - 

77,921 

1,371 

90,148 

1,396 

145,993 

3,212 

'I'enerifl'f,  Fayal,  &c. 

135,692 

2,030 

289,824 

57,078 

93,089 

70,210 

All  other,      -             -              - 

1         729,615 

425,287 

956,983 

699,368 

644,712 

574,390 

1808.] 


DUTIES  AND  DRAWBACKS. 


267 


STATEMENT-Contiiiucd. 


SPEOIF.S  OF  MEnCHANDISE. 


IN  THE  TEAH  1804. 


Duties 
receiveil. 


Spirits,  distilled  fi'om  grain,    - 

Do  from  otlier  materia 

Do  from  domestic  do. 

Molasses,      -  _  _ 

Beer,  Ale,  and  Porter, 
Tea,  Boliea,  -  - 

Souchonp,  -  - 

Hyson,  &c.  -  - 

Other  Green,     - 
Coffee,  _  _  _ 

Cocoa,  -  -  - 

Chocolate,     -  _  - 

Sugar,  Brown, 

M'hite  Clayed, 

Loaf  and  Cand}-, 

Other  refined. 

Almonds,       -  _  _ 

Currants,       _  _  _ 

Prunes  and  Plums,     - 

Raisins,  in  jars  and  boxes,       - 

Do     all  other. 
Candles,  Tallow, 

Wax, 
Cheese,         -  -  - 

Soap,  _  _  _ 

Tallow,  _  _  _ 

Spices,  Mace, 

Nutmegs,      - 
Cinnamon,     -  - 

Cloves,  -  - 

Pepper, 
Pimento, 

Chinese  Cassia,  - 

Tobacco,       -  -  _ 

Snuff,  -  _  _ 

Indigo,  _  _  _ 

Cotton,  -  -  - 

Powder,  Hair,  -  - 

Gun,  - 

Starch,  -  -  - 

Glue,  _  _  _ 

Pewter  Plates  and  Dishes,     - 
Anchors  and  Sheet  Iron, 
Hoop  und  Slit  Iron,  - 

Nails,  -  -  - 

Spikes,  -  _  _ 

Quicksilver,  -  -  - 

Paint,  Ocre,  Yellow,  in  Oil,    - 
Dry  Yellow,    - 
Spanish  Brown, 
White  and  Hed  Lead, 
Lead,  and  manufactures  of,    - 
Seines,  -  -  - 

Cordage,  Tarred,       - 

Do.       Untarred,  and  Yarn, 
Cables,  -  -  - 

Steel,  -  -  - 

Hemp,  -  -  - 

Twine  and  Pack-thread, 
Glauber  Salts, 

Salt,  -  -  - 

Coal,  -  -  - 

Fish,  Dried,  -  -  - 

Pickled,  Salmon, 
Mackerel, 
All  other. 
Glass,  Black  Quart  Bottles,   - 

Window, 
Cigars,  -  -  - 

Lime,  -  -  - 

Boots,  -  -  _ 

Shoes  and  Slippers  of  Silk, 

Do.   all  other, 
Cards,  Wool  and  Cotton,        - 
Do.  Playing, 

Dollars, 


Is, 


Dollars. 

422,002 

2,987,528 

8 

328,412 

10,039 

58,378 

293,262 

179,433 

145,611 

3,001,066 

26,511 

42 

2,990,008 

299,482 

551 

13 

1,182 

251 

2,005 

148 

2,911 

190 

890 

347 

16,835 

27,283 

5,935 

896 

4,667 

621 

2,632 

374,521 

22  727 

2^169 

4,688 

2,236 

76,060 

83,483 

34 

11,891 

148 

714 

1,965 

4,180 

154 

83,309 

2,795 

136 

262 

1,568 

1,433 

18,109 

38,646 

163 

10,234 

2,989 

1,182 

10,198 

81,358 

11,012 

1,360 

686,799 

14,063 

19,855 

5,266 

4,971 

2,519 

5,681 

15,778 

13,054 

130 

2,861 

1,438 

9,593 

24 

992 


Drawback. 

payable. 


20,186,185 


Dollars. 
85,354 

248,572 

1,579 

376 

6,753 

124,540 

37,357 

16,195 

2,601,646 

11,213 

1 

1,586,751 

253,052 


113 

352 

58 

546 

90 

7,681 

15,444 

11 

112 

1,742 

343,595 

17,942 

573 

202 

772 

39,774 

81,815 

14 

1,529 

6 


6,683 


6 

104 

537 
777 

4,175 
18 
87 


5 

5,992 


685 

224 
4 

244 

1,874 

5 

381 


6,686,185 


IN  THE  TEAIl  1805. 


IN  THE  TEAK  1806. 


Duties 
received. 


Dollars. 

178,881 

2,545,499 

94 

465,645 

21,534 

63,565 

371,655 

234,088 

359,442 

2,345,853 

122,277 

132 

4,152,366 

1,245,284 

5,507 

15 

3,548 

828 

4,501 

5,062 

21,468 

31,210 

3,218 

252 

32,735 

33,025 

7,737 

14,094 

14,702 

4,061 

13,368 

247,204 

5,531 

15,470 

404 

1,366 

118,886 

75,488 

274 

27,540 

292 

1,507 

2,726 

11,171 

2,019 

83,516 

4,736 

5,575 

375 

1.831 

6,842 

43,530 

45,607 

194 

17,434 

1,601 

1,256 

10,274 

115,946 

12,793 

896 

765,804 

25,810 

77,800 

7,505 

6,708 

4,602 

12,992 

53,031 

34,274 

305 

1,984 

3,805 

10,260 

3,537 


23,545,114 


Drawback 
payable. 


Dollars. 

54,425 
402,661 

1,200 

4,544 

7,889 

159,849 

77,565 

101,673 

1,992,982 

74,968 

1 

2,550,880 

924,918 

5,154 

603 

1,062 

523 

4,153 

1,387 

1,286 

97 

26,266 

27,504 

536 

1,388 

1,536 

1,036 

3,593 

271,896 

4,783 

11,999 

125 

f686 

92.763 

69,372 

28 

1,286 

19 

171 


272 
12,845 

158 
61 
40 
67 
11 

317 

443 

1,268 
63 

498 

366 

2,413 
204 


281 
885 

131 

1,420 
4,742 


Duties 
received. 


Dollars. 

387,429 
3,056,364 

430,305 

17,615 

49,261 

508,687 

293,907 

549,999 

3,265,335 

158,521 

98 

4,204,548 

1,022,579 

598 

63 

7,902 

7,581 

2,277 

8,476 

17,139 

37,021 

8,349 

400 

55,031 

52,765 

33,836 

16,486 

9,281 

1,766 

6,169 

298,692 

23,317 

11,727 

831 

2,981 

189,263 

71,553 

457 

11,240 

443 

4,281 

3,128 

8,766 

3,359 

84,636 

4,109 

6,424 

390 

1,264 

6,198 

55,S53 

38,276 

446 

11,341 

1,188 

889 

13,468 

117,014 

14,729 

207 

862,694 

15,857 

120,638 

7,537 

9,759 

7,108 

15,433 

54,009 

50,661 

170 

3,212 

4,371 

11,484 

o 

2,985 


Drawback 
p.-iyable. 


Dollars. 
28,632 
312,942 

1,422 

2,938 

757 

222,424 

84,412 

109,208 

2,259,761 

122,653 

32 

2,304,061 

923,717 

124 

2,120 

133 

904 

274 

1,575 

763 

4,577 

20 

35,293 

34,630 

5,938 

19,056 

8,695 

3,468 

10,558 

173,170 

3,486 

4,197 

416 

1,087 

116,509 

44,697 

228 

2,922 

5 


597 

22,552 

24 

3,211 

56 

63 

709 

2,499 

18 

6,404 

242 
1,171 

1,240 

16,376 
90 


2,873 
1,191 
4,101 

328 
2,544 
3,910 


8,955,745 


26,197,658 


9,146,875 


Tbbaspet  Department,  Hegister's  Office,  Jmiuary  16,    1808. 


JOSEPH  NOURSE,  Register. 


268  ;    I    'M         FINANCE.  [!808. 


10th  Congress.]  No.  277.  •  [1st  Sessiok. 


ENCOURAGEMENT  TO  MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  21,  1808. 

Mr.  Newton,  from  the  Committee  of  Commerce  ami  Manufactures,  to  whom  was  referred  tlie  petition  of  Paul  and 
Joseph  W.  Revere,  of  Boston,  in  the  State  of  Massachusetts,  made  the  following  report: 

The  petitioners  state,  that  they  have,  by  great  application,  acquired  the  knowledge  of  melting  and  refining  cop- 
per ores,  and  of  manufacturing  of  copper  into  slieets,  bolts,  nails,  &c.,  for  fastening  ships;  and  that  tliey  have,  at  a 
great  expense,  erected  furnaces,  mills,  and  other  works,  for  manufacturing  the  above  articles.  To  encourage  them, 
they  solicit  that  a  duty  of  17i  pei-  centum  ad  valorem  may  be  imposed  on  copper  in  sheets,  as  they  have  no  doubt 
that  they  can  supply  the  whole  quantity  at  present  imported  into  the  United  States.  They  likewise  solicit  that  old 
copper  may,  in  tuture,  be  imported  free  from  duty. 

The  committee,  with  a  view  to  possess  tliemselvcs  of  information  on  the  subject  submitted  to  their  consideration, 
have  delayed  to  make  a  report  thereon  to  tiie  present  time. 

While  they  are  directed,  by  inclination  and  a  senseof  duty,  to  foster  and  encourage  such  manufactures  as  pro- 
mise utility  to  the  public,  they  are  conscious  of  the  difficulty  of  allbrding  to  each  a  just  portion  of  encouragement. 

The  petitioners  have  two  objects  in  view.  The  first  is,  to  procure  the  imposition  of  an  ad  valorem  duty  of  ITg 
per  centum  on  the  importation  of  copper  in  sheets,  which  is  now  free  from  duty.  The  second  is,  that  old  copper, 
which  ought  to  be  considered  a  raw  material,  should  not  be  subject  to  the  payment  of  a  duty  on  importation.  To 
induce  the  National  Legislature  to  impose  the  aforementioned  duty  on  copper  in  sheets,  the  petitioners  state  that 
they  have,  at  considerable  expense,  erected  works  which  will  enable  them  (o  supply  copper  in  sheets,  commensurate 
to  the  demand  of  the  United  States.  Should  this  assertion  on  the  part  of  the  petitioners  influence  Congress  to  ac- 
cede to  their  proposition,  and  the  quantity  of  copper  in  sheets  furnished  by  them  prove  to  be  insufficient  for  the  de- 
mand, the  copper  smiths  and  brar.iers,  a  respectable  class  of  manufacturers,  would  sustain  injuries  that  would  require 
time  and  a  correct  course  of  procedure  to  repair.  The  copper  smiths  and  braziers  are  satisfied  with  the  encourage- 
ment given  to  them,  by  the  protecting  duties  on  foreign  manufactures  of  copper,  and  with  the  privilege  they  possess 
by  law  of  importing  copper  in  sheets,  &c.  free  from  duty,  which  enables  them  not  only  to  supply  all  copper  utensils 
necessary  for  the  use  and  consumption  of  the  United  States,  but  likewise  to  expoi  t  to  foreign  markets  a  considerable 
quantity  of  their  manufactures.  The  salutary  operation  of  the  laws  in  support  of  those  manufacturers  is  evident:  a 
competition  is  established  among  them,  and  their  manufactures,  at  a  moderate  price,  are  to  be  had  on  demand. 

'J'his  state  of  prosperity  may  receive  a  check  by  an  incautious  modification  of  the  laws  which  have  produced  it. 
Subjects  of  this  description  should  never  be  approached  with  a  rash  and  innovating  hand,  lest  the  ease  and  comforts 
of  the  citizens  sliould  be  diminished,  to  prove  the  efficacy  of  experiments,  as  yet,  of  doubtful  issue.  The  copper 
smiths  and  braziers  of  New  Yoik  and  Philadelphia,  in  their  memorials  presented  to  the  House  of  Representatives, 
and  referred  to  the  committee,  assert  vAth  confidence,  that  a  supply  of  copper  in  sheets,  equal  to  the  demands  they 
have  foi-  that  article,  cannot  be  furnished  by  the  petitioners. 

An  assertion  made  vi'ith  so  much  c(!nfidence,  by  men  whose  constant  occupations  afibrd  the  certain  means  of 
forming  a  correct  jiulgment,  is  deserving  of  serious  attention;  and  were  it  not  supported  by  information  drawn  from 
other  sources,  should  prevent  the  doing  of  any  act,  that  might  put  to  hazard  the  flourishing  state  of  manufactures, 
which  have  supplanted  foreign  articles  of  the  same  kind.  The  committee  have  had  no  satisfactory  evidence  offered 
to  them,  that  copper  in  sheets,  in  quantity  sufficient  for  the  use  and  consumption  of  the  United  States,  can  be  sup- 
p!ie<l  by  the  petitioners,  or  that  the  quality  of  the  same  is  equal  to  that  which  is  imported.  It  becomes  the  duty  of 
the  committee,  in  order  to  ascertain  whether  Legislative  interference  can,  at  this  time,  be  justified  by  existing  cir- 
cumstances, not  only  to  weigh  the  facts  furnished  them,  but  also,  to  guard  seduliiusly  against  mischiefs  that  have  too 
often  their  origin  in  hasty  Legislative  acts,  which,  not  unfrequtntly,  in  attempting  to  give  encouragement  to  manu- 
iacturing  establisiiments.  fasten  on  the  community  oppressive  monojiolies.  The  committee  being  aware  that  a  ma- 
nufactory, single  and  without  competition,  is  apt,  by  having  the  command  of  the  market,  to  make  an  improper  use  of 
it,  are  soli  itous  to  keep  the  sources  of  supply  as  open  and  as  free  as  possible.  In  refusing  to  recommend  the  im- 
position oi  .1  duty  on  copper  manufactuied  into  sheets,  equal  to  that  whicli  is  imposed  on  copper  manufactures,  the 
committee  are  gratified  in  recollecting  that  the  petitioners  receive  no  inconsiderable  encouragement  in  making  copper 
bolts,  spikes,  and  nails,  from  the  protecting  duties  payable  on  those  articles  when  imported.  The  committee  are  of 
opinion  that  advantages  Vv'ill  accrue,  not  only  to  the  petitioners,  but  likewise  to  the  community,  by  permitting  the 
importation  of  old  copper  free  from  duty. 

They,  therefore,  recommend  the  adoption  of  the  following  resolutions: 

Resolved,  That  so  much  of  the  petition  as  prays  for  the  imposition  of  seventeen  and  a  half  per  centum  ad  valorem 
as  a  duty  on  copper  manufactured  into  sheets,  is  unreasonable,  and  ought  mt  to  be  granted. 

Resolved,  That  so  much  of  the  petition  as  prays  that  old  copper  may  be  considered  as  a  raw  material,  and  that 
the  importation  thereof,  into  the  United  States,  may  be  free  from  duty,  is  reasonable,  and  ought  to  be  granted. 


10th  Congress.]  No.    278.  £lstS^ssioN. 


DRAWBACK    OF    DUTY    ON  REFINED    SUGAR. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    FEBRUARY    4,    1808. 

To  the  Senate  and  House  of  Representatives  of  the  United  States  of  America,  in  Congress  assembled,  the  memo- 
rial of  the  refiners  of  sugar  within  the  United  States,  respectfully  showeth: 

That,  by  an  act  of  Congress,  passed  on  the  5th  day  of  June,  17;>4,  aduty  of  two  cents  per  pound  was  laid  upon  all 
sugars  refined  within  the  United  States;  but,  for  the  encouragement  of  commerce  as  well  as  of  domestic  manufac- 
tures, a  provision  was  inserted  in  the  act,  allowing  a  drawback  of  the  duty  so  laid,  upon  all  such  refined  sugar  as 
should  be  exported  to  any  foreign  port  or  place,  and  directing  that  three  cents  per  pound  should  be  added  to  the 
drawback,  on  account  of  duties  paid  upon  the  importation  of  the  raw  material. 

That,  when  the  Legislature  found  it  expedient  to  increase  the  duty  upon  the  importation  of  raw  sugar,  the  acts, 
passed  successively  on  the  3d  day  of  March,  1797,  and  the  13th  day  of  May,  1800,  evinced  the  same  policy,  by  the 
allowance  of  an  equivalent  drawback  upon  the  exportation  of  sugar  refined  within  the  United  States. 


1808.1  THE  SINKING   FUND.  ogg 


That,  under  these  regulations,!there  vvas  allowed  upon  the  exportation  of  su^^ar,  refined  within  the  United  States, 
a  drawback  of  two  cents,  on  account  of  the  excise  upon  refined  sugar;  and  a  drawback,  of  five  cents  on  account  of 
the  import  duty  upon  raw  sugar;  when  the  act  of  Congress  for  the  repeal  of  tlie  internal  taxes  was  passed,  by  the 
operation  or  construction  of  which  the  riglit  of  drawback  on  account  of  the  excis".  (tlie  tax  that  was  discontinued  by 
the  repeal)  and  the  right  of  drawback  on  account  of  the  import,  (a  tax  in  no  wise  effected  by  the  repeal)  were  indis- 
criminately abolished. 

That  your  memorialists,  anticipating  from  this  change  of  system,  the  eventual  failure  of  an  important  domestic 
manufacture,  deem  it  a  duty  to  the  commuiiityas  well  as  to  themselves,  respectfully,  but  earnestly,  to  call  the  attention 
of  Congress  to  the  subject.  It  has  hitherto,  indeed,  been  the  aim  of  the  National  Government  to  collect  its  revenues 
from  tiie  natural  and  ordinary  consumption  of  the  country,  witiiout  clogging  the  industry  and  enterprise  of  its  citi- 
zens, who  are  engaged  in  an  arduous  competition  to  supply  the  wants  of  other  nations,  througii  the  mediun*  of  ma- 
nufactures and  commerce.  The  difticulties  arisins  from  the  ha/.ard  and  expense  of  new  establisiiments,  from  the 
comparative  high  price  of  labor,  and  from  the  countervailing  efforts  of  great  commercial  rivals,  sufticieiitly  justify 
this  display  of  Legislative  patronage  and  indulgence;  but,  even  on  the  strictest  principle  of  fiscal  policy,  it  is  surely 
■wise,  as  well  as  liberal,  to  cherish  and  protect  the  intancy  ot  those  institutions,  whose  maturity  must,  on  any  emergen- 
cy, afibrd  the  surest  means  of  public  revenue,  as  well  as  constitute  the  strongest  basis  of  nationalindependence. 

That  your  memorialists  with  sincerity  represent,  that  the  manufacturers  anil  exporters  of  refined  sugar  have  al- 
ready experienced  very  injurious  eft'ectsiroin  the  discontinuance  of  the  drawback,  without  the  consolation  of  per- 
ceiving that  the  slightest  public  advantage  has  been  or  can  be  produced.  In  addition  to  the  unavoidable  difliculties 
wliich  have  been  briefly  stated,  they  have  found  it  impiacticable  to  manufacture  refined  sugar  for  exportation,  sub- 
ject to  a  heavy  duty  upon  the  raw  material:  while  other  countries  are  engaged  in  the  manufacture,  free  from  such 
impositions,  with  greater  capitals,  wilh  more  experience,  with  less  expense,  and,  in  some  instances,  (as  in  England) 
with  the  aid  of  a  bounty  from  the  Government.  Already  a  beneficial  and  lucrative  branch  of  commerce,  for  the  expor- 
tation of  refined  sugar  to  the  Mediterranean,  to  the  West  Indies,  and  even  to  places  on  the  continent  of  Europe,  has 
been  cut  ott".  The  expensive  establishments  which  were  formed  throughout  tlie  United  States,  witii  a  view  to  that 
commerce,  are  hastening  to  decay  and  ruin.  And  even  the  supply  of  refined  sugar  for  our  domestic  consumption, 
under  such  circumstances  of  discouragement,  will  probably  be  transferred  to  foreign  hands,  for  fi)reign  emolument. 

That  your  memorialists,  with  perfect  deference,  solicit  a  revisal  of  the  act  which  has  produced  these  fatal  conse- 
quences to  their  manufactures — not  in  order  to  obtain  a  bounty,  but  simply  to  be  relieved  fnun  a  grievance.  They 
are  not  aware,  indeed,  of  any  principle  of  public  policy  that  is  opposed  to  the  object  of  their  memorial,  and  they  are 
confident  that  such  regulations  may  be  devised  as  will  effectually  obviate  the  danger  of  fiaud  and  deceit.  If.  how- 
ever, the  cultivation  of  sugar,  in  Louisiana,  should  be  suggested  as  a  new  obstacle,  it  is  respectfully  answereil.  that 
the  sugar  raised  there,  both  on  account  of  its  price  and  its  quality,  is  seldom  used  iiy  refiners;  that,  even  if  used  by  refin- 
ers, the  cultivator  (whose  interest  ought  not  to  be  exclusively  regarded)  will  have  a  sufficient  advantage  in  the  market 
by  selling  his  produce  free  from  duty;  and  that,  in  such  cases,  an  illict  attempt  to  obtain  a  drawback  would  easily  be 
detected,  and  should  be  severely  punished. 

That,  with  these  impressions,  your  memorialists  confidently  appeal  to  the  wisdom,  patriotism,  and  justice,  of 
Congress,  praying  that  the  right  ot  drawback  may  be  renewed  on  all  such  sugar,  refined,  within  the  United  States, 
from  raw^  sugar  ot  foreign  growth,  as  shall  be  exportetl  to  any  tbreign  port  or  place. 

CHARLES  GARTS, 
W1LLL\M  FOLTZ, 
J.  A.  BUCHAN.\N  &  Co. 
PAIN  &  NEUHAUS, 
SHEETZ  &  FOSS, 
SMITH  &  REMANU, 

Refiners  of  su^ntr  in  Ihe  city  of  Baltimore. 


10th Congress.]  1  No.  279.  [1st  Session. 

SINKING   FUND. 

COMMtTNICATED    TO    THF,  SENATE.  FEBRUARV  5,  l.^OS, 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  report  of  the  5th  of  February, 
1807.  so  far  as  the  same  have  been  completed,  are  fully  detailed  in  the  re])ort  of  the  Secretary  of  the  Treasury  to 
this  Board,  dated  the  fourth  day  of  the  present  month,  and  in  the  statements  therein  referred  to,  which  are  herewith 
transmitted,  and  prayed  to  be  received  as  part  of  tliis  report. 

GEO.  CLINTON,  President  of  the  Senate, 
J.  MARSHALL,  Chief  Justice  of  the  United  States, 
JAMES  MADISON,  Secretary  of  State, 
ALBER'I'  GALLATIN,  Secretary  of  the  Treasury. 
C.  A.  RODNEY,  .Attorney  General  F.  States. 
Washington",  February  5,  1808. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  remaining  unexpended  at  the  close  of  the  year  1805,  and  applicable  to  payments 
falling  due  after  that  year,  which  balance,  as  appears  by  the  statement  B,  annexed  to  tlie  last 
annual  report,  amounted  to  one  million  six  hundred  and  forty-seven  thousand  four  hundred  and 
seventy-five  uollars  and  eighty-nine  cents,  -----..   $1,647,475  St) 

Together  with  the  disbursements  made  during  tlie  year  1806,  out  of  the  treasury,  on  account  of  the 
pi-incipal  and  interest  of  the  public  debt,  which  disbursements,  as  appears  by  the  statement  C, 
annexed  to  the  last  annual  report,  amounted  to  eight  millions  nine  hundred  and  forty-eight  thou- 
sand and  six  dollars  and  ninety  cents,  -  '.  "    ,        "  '  *  "  "     8,948,006  90 

And  with  a  farther  sum,  arising^  from  a  profit  on  the  remittances  from  America  to  Europe,  purchased 
in  the  year  1806,  which  profit,  as  appears  by  the  statement  D,  annexed  to  the  last  annual  report, 
amounted  to  thirty -five  thousand  six  hundred  and  ninety-seven  dollars  and  seventy-seven  cents,  .'55,697  ~7 

35  tt 


270  FINANCE.  [1808. 


And,  also,  with  a  further  sum  arising  from  the  difference  between  the  amount  in  stock  of  the  public 
debt  puichased  by  the  commissioners  of  the  sinking  fund  in  the  year  1806,  and  tlie  moneys  applied 
to  the  said  purchases,  amounting,  as  appears  by  the  statement  L,  annexed  to  the  last  annual  re- 
port, to  four  hundred  and  thirty-seven  dollars  and  ninety -six  cents,  -  -  -  -  437  96 

And  amouiiling,  altogether,  to  ten  millions  six  hundred  and  thirty-one  thousand  six  hundred  and 

eighteen  dollars  and  fifty-two  cents,  ----....  $10,631,618  52 

Have  been  accounted  for  in  the  following  manner,  viz. 

I.  There  was  repaid  into  the  treasury,  during  the  year  1806,  on  account  of  the  principal  of  protested 
bills,  as  appears  by  the  statement  E,  annexed  to  the  last  annual  report,  a  sum  of  six  thousand 

dollars,  -  -  -  -  -  -  -  -  -  -  -  -  $6,000  00 

II.  The  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amount,  as  will 
appear  by  the  statement  A,  to  eight  millions  seven  hundred  and  thirty-nine  thousand  two  hun- 
dred and  sixty  dollars  and  forty  two  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  -  -  -$4,828,479  00 

2.  Paid  on  account  of  the  interest  and  ciiarges  on  the  same,    -  -  •     3,910,781  42 

8,739,260  42 

[II.  The  balance  remaining  unexpended  at  the  close  of  the  year  1806,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B,  to  one  million  eight  hundred  and  eighty-six  thou- 
sand three  hundred  and  fifty-eight  dollars  and  ten  cents,  .-..-.      1,886,358  10 

$10,631,618  52 


That,  during  the  year  1807,  tiie  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  prin- 
cipal and  niterest  of  the  public  debt,  viz: 

I.  On  account  of  the  reimbursement  and  interest  of  the  domestic  debt,  -  -  .  .    $5,833,441  32 

II.  On  account  of  the  domestic  unfunded  debt,  -  -  -  -  -  -  -  2,119  53 

III.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  and  of  the  interest  on  the  Louisiana 

stock,  -----.......         511,904  99 


Amounting,  altogether,  as  will  appcar'by  tlie  annexed  list  of  warrants,  C,  to  six  millions  three  hundred 

and  forty-seven  thousand  four  hundred  and  sixty-tive  dollars  and  eighty-four  cents,  -  •      6,347,465  84 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 
T.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars  for  the  year  1807,  viz: 

From  the  fund  arising  from  the  interest  on  the  debt  transferred  to  tlie  commission- 
ers of  the  sinking  fund,  as  per  account  I,  -  .  -  .  .         958,292  04 

From  the  funds  arising  from  the  sale  of  public  lands,  being  tlie  amount  of  moneys 
paid  into  the  treasury  from  the  1st  October,  1806,  to  the  30th  September,  1807,  as 
per  account  K,         -  -  -  -  -  -  -  -  -        654,319  39 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the 
tonnage  of  ships  or  vessels,  ---.-..    4,672,06806 


Amounting,  altogether,  to        -..--.----.     6,284,679  49 
Which  sum  of  -..--.....     6,284,679  49 

Together  with  the  sum  advanced  during  the  year  1806,  on  account  of  the  appropria- 
tion for  the  year  1807,  and  amounting,  as  appears  by  the  last  annual  report,  to        1,003,790  70 

Makes  in  the  whole,     ---------     7,288,470  19 

Leaving,  at  the  close  of  the  year  1807,  an  unexpended  balance  of  -  -        711,529  81 


To  complete  the  annual  appropriation  for  the  year  1807,  of  -  .  .     8,000,000  00 


II.  From  repayments  into  the  treasury  on  account  of  remittances  purchased  for  providing  for  the  fo- 
reign debt,  and  of  advances  made  to  commissioners  of  loans,  and  to  agents  for  the  purchase  of  the 
public  debt,  as  will  appear  by  the  statement  E,  viz: 
Repayment  of  the  purchase  money  and  advances,   -----  61.189  66 

Damages  and  interest  recovered,      -------  304  54 


61,554  20 


III.  From  tiie  moneys  appropriated  by  law  for  paying  commissions  to  agents  employed  in  the  pur- 
chase of  remittances  for  the  foreign  debt,  being  the  amount  paid  at  the  treasury  during  the  year 
1807,  for  that  object,  as  will  appear  by  the  statement  C,       -  -  -  -  -  -  1,232  15 


6,347,465  84 
That  the  abovementioned  disbursements,  together  with  the  above  stated  balance  of    -  -  -      1,886,358  10 

Which  remained  unexpended  at  the  close  of  the  year  1806,  and  with  a  sum  arising  from  profit  on 
remittances  from  America  to  Europe,  purchased  in  the  year  1807,  and  amounting,  as  will  appear 
by  the  statement  D,  to  -  -  -  -  --  -  -  -  .  9  427  58 


And  amounting,  altogether,  to  eight  millions  two  hundred  and  forty-three  thousand  two  hundred  and 
fifty -one  dollars  and  fifty-two  cents,  -----... 


$8,243,251  52 


Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then 
have  been  rendered  to  the  Treasury  Department. 

That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied,  is  estimated  as  tbiloweth: 

I.  The  repayments  into  the  treasury  on  account  of  principal,  have,  during  the  year  1807,  amounted, 

as  by  the  abovementioned  statement  E,  to     -  -  -  -  -  -  -  -  61  189  66 

II.  The  sums  actually  applied  during  the  year  1807,  to  the  principal  and  interest  of  the  public  debt, 
are  estimated  as  followeth: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,        -  -  -    3,729,163  39 

2.  Ditto,  on  account  of  interest  and  charges  on  the  same,  ...    3,633,408  66 


7.362,572  05 


As  will  appear  by  estimate  F. 
UI.  The  balance  remaining  unexpended  at  the  close  of  the  year  1807,  and  applicable  to  payments 

falling  due  after  that  year,  is  estimated,  as  per  estimate  G,  at         -  -  -  -  -        819,489  81 

$8,243,251  52 


1808.]  THE    SINKING   FUND.  271 

That,  in  conformity  with  the  proceedings  and  resolutions  of  the  commissioners  of  the  sinking  fund,  of  the  23d  of 
March,  1807,  a  copy  whereof,  M,  is  annexed,  $8GG,700  eight  percent,  stock,  were  purchased  for  $890,520  75  specie; 
and  $300,007  62  exchanged  six  per  cent,  stock,  were  purchased  for  $293,454  22  specie:  as  will  appear  by  state- 
ment L. 

That  the  whole  of  the  unexpended  balance  of  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year 
1807,  and  amounting,  as  above  stated,  to  $711,529  81,  will  be  wanted  in  aid  of  the  annual  appropriation  of  eight  mil- 
lions of  dollars  for  the  present  year,  for  the  purpose  of  etiecting  the  payments  on  account  of  interest  on  the  public 
debt,  and  of  reimbursing  the  stock  bearing  an  interest  of  eight  per  cent,  which  becomes  ledeemable  on  the  fiist  day 
of  January,  1809. 

And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  commissioners  of  the  sinking  func/,  in 
trust  for  the  United  States,  to  the  31st  of  December,  1807,  including  the  sum  of  $5,934  21  transferred  in  the  year 
1807,  in  payment  for  public  lands. 

All  w  Inch  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department, FfirJ/ari/ 4,  1808. 

A. 

Statement  of  the  application,  daring  the  year  180G,  of  the  funds  provided  for  the  payment  of  principal  anil  intercut 

of  the  public  debt. 

I.  Payments  on  account  of  the  principal  of  the  puldic  debt. 

1.  Of  the  domestic  debt,  viz: 

Reimbursement  of  old  six  per  cent,  stock,  -  -  .  .  $1,083,740  01 

Reimbursement  of  deferreil  stock,  .  .  .  .  _  367,772  29 


As  per  treasury  report  No.  19,518,  -  -  $1,451,512  30 

Amount  of  six  per  cent,  and  deferred  stocks  purchased  by  the  commis- 
sioners of  the  sinking  fund,  per  statement  L,  annexed  to  last  annual 
report,    ---------  17,517  61 

Reimbursement  of  the  whole  of  the  Navy  6  per  cent,  stock,       -  -  711,700  00 

Reimbursement  of  the  whole  of  the  5J  per  cent,  stock,    -  -  -  1,847.500  00 

2.  Unfunded  registered  debt,  including  arrearages  of  interest  reimbursed,       -  249  09 

3.  Of  the  foreign  debt,  viz: 

Guilders. 
4th  instalment  of  the  loan  of   3,000,000,  of  Jan.    1, 1792,    600.000 
2d  instalment  of  the  loan  of    3,000,000,  of  Jan.    1,1794,    600,000 
Othinstalment  of  the  loan  of    2,000,000,  of  Feb.    1,1784,     250,000 
4th  instalment  of  the  loan  of   2,950,000.  of  June   1,1792,    550,000 


2,000,000  at  40  cts.  800,000  00 

II.  On  account  of  interest  and  charges,  viz: 

1.  On  the  domestic  debt. 

Interest  for  the  year  1806,  on  the  several  species  of  the  domestic  funded 

debt,  as  settled  at  the  treasury,  -  .  .  .  -     (ff.)$3,119,187  65 

Interest  on  Louisiana  stock  domesticated,  .  .  .  .  300  00 

2.  On  the  foreign  debt. 

Guilders. 
Interest  paid  on  Dutch  debt  at  Amsterdam,  244,000 
Premiums  on  loan  of  1st  Feb.  1784,        -        22,500 


1,828,479  01" 


266,500  at  40  cts.    $106,600 
Interest  on  Louisiana  stock  from  1st  July, 

1805,  to  1st  July.  1806,  viz:  Guilders. 

Payable  in  Amsterdam,  -  -  -  $300,000 

Payable  in  London,      -  -  -  -        (6.)374,700 


674,700 


Commissions  and  charges,  viz: 

At  Antwerp,       -           -          Gt/t'Wers,  480  19  10  at  40  cts.      (c.)192  39 
\t  Amsterdam,  including  Louisiana 

stock,               -             -             -             7,539     4  0  at  40  cts.          3,015  68 

At  London,  on  Louisiana  stock,             £'421  10  8  at  4s.  6rf.  (6.)1,873  48 

Commissions  on  purchase  of  bills  in  America,  -            -           4,912  22 


791,293 


3,910,781  42 
68,739,260  42 


Notes  to  Statement  A. 


(o.)  The  amount  of  interest  payable  in  the  year  1806,  by  the  treasury  statement,  is         -  -     $3,119,187  53 

To  which  is  here  added  this  sum,  being  a  difference  in  the  calculation  of  dividends,  and  settlement 

of  accounts  in  the  year  1806,  ...---...  13 


3,119,187  65 


{b.)  By  an  error  in  the  bankers'  accounts  at  London,  the  sum  actually  charged  by  them  lor  interest  and  charges 
on  the  Louisiana  stock,  is  £33  18.s.  5d.  more  than  is  here  stated;  which  error  arose  from   their  having  charged,  on 
the  1st  January,  1806,  interest  for  the  preceding  half  year  on  $6,250,000,  while  the  interest  actually  payable  by  them 
was  only  on  $6,245,000;  the  sum  of  $5,000  having  been  domesticated,  and  the  interest  made  payable  in  America. 
This  error  in  the  amount  of  interest  is  $150,  equal  to  -------  J33  15  0 

And  the  commission  overcharged  on  that  sum,  ----...  35 


£33  18  5 

(c.)  No  expenditures  for  charges  took  place  at  Antwerp  during  the  year  1806,  the  whole  of  the  debt  due  there 
having  been  discharged  in  1805;  but  the  accounts  of  Mr.  De  Wolf,  the  banker  at  that  place,  having  been  receivet! 
and  adjusted  since  the  last  annual  report  of  the  sinking  fund,  it  has  been  found  that  the  balance^  due  to  him  for 
commissions  and  charges,  on  the  final  payment  of  the  loan  at  Antwerp,  was  Guilders,  480  19  10  more  than  had  been 
estimated;  which  sum,  to  make  the  general  accounts  correspond,  is  here  introduced  as  a  charge  in  1806. 

Treasury  Department,  Register's  Office,  January  25,  1808. 

JOSEPH  NOURSE,  Register. 


272 


FINANCE. 


[1808. 


B. 

Statement  of  the  provision,  made  before  the  \st  day  of  January,  1807, /or  the  payment  of  the  principal  and  interest 

of  the  Public  Debt  falling  due  after  the  year  1806. 


I.  On  account  of  the  Foreign  Debt. 

1st.  Cash  in  tlie  hands  of  commissioners  and  agents  in  Europe,  viz: 
In  Amsterdam,  on  -Slst  Dec.  1806,  as  per  treasury 

report.  No.  19,382,  (a. )  .  .  G.  3,420,796 

From  whicii  deduct  a  balance  due  the  commis- 
sioner in  Antwerp,  per  treasury  report.  No. 
19,33a,  -  ...  -  1,248 


5     3 


1     0 


3,419,548     4     3 
at  40  cents,   $1,367,819  28 
In  London,  per  account  rendered,  of  December  31sf,   1806, 

J43,935  0  5.  (6.)  at  is.  Gd.  ...  -  195,266  76 


2d.  Remittances  outstanding,  viz: 

Ainount  paid  for  at  tiie  treasury,  and  re 
mitted  to  Amsterdam,  before  tiie  1st  Janu 
ary,  1807,  but  not  received  by  the  com- 
missioners till  after  that  day, 


Guilders    780,000        at  40  cents, 


3d.  Amount  of  payments  made  at  the  treasury,  belbre  the  1st  January,  1807, 
for  bills  which  have  been  protested  for  non- payment,  and  which,  on  that  day, 
had  not  been  repaid  into  the  beasury,  (c.)      .  .  .  .  . 

II.  Deduct  amount  short  provided  on  account  of  the  Domestic  Debt,  as  follows: 

The  demands  unsatisfied  on  the  1st  January,  1807.  were  tlie  following,  viz: 

1st.  The  dividends  payable  by  commissioners  of  loans,  including  the  dividend 

due  on  that  day,  and   exclusive  of  dividends  no  longer  demandable  at  their 

offices,    ...-•--.-. 

2d.  Unclaimed  dividends  payable  at  the  treasury,  .... 

The  provision  made  for  the  above  object  was  as  follows: 

1st.  Cash  due  from  commissioners  of  loans  deceased  and  out  of 

office.         -  -  -  -  -  -  -  -  8,156  52 

2(1.  Cash  in  the  hands  of  commissioners  of  loans  in  office,   -  -  1,460,899  82 

3d.   Amount  over  advanced  at  the  treasury,  for  reimbursement  of 

the  5,4  percent,  stock,       ---.--        1,40000 


Leaving  the  sum  short  provided,  on  1st  Jan.  1807,  to  meet.'all  the  payments  on  ac- 
count of  the  domestic  debt,  -...-.. 

Total  amount  of  provision  for  public  debt  remaining  unapplied  on  31st  Dec.  1806, 


1,563,086  04 


312,000  00 


37,857  00 


1,475,926  45 
21,114  83 


1,497,041  28 


1,470.456  34 


1,913,943  04 


26,584  94 


1,886,3.58   10 


Notes  TO  Statement  B.  ' 

(ft)  The  balance  in  the  hands  of  the  commissioners  at  Amsterdam,  by  the  treasury  report  referred 


to,  IS 


In  which  is  included  a  sum  of  G.  1,221  10,  transferred  by  the  commissioners,  in  the  year  1806, 
from  the  account  of  Robert  R.  Livingston,  (being  a  balance  remaining  to  his  credit,  of  mo- 
neys remitted  for  the  purcliase  of  books  for  Congress)  and  placed  to  the  credit  of  the  account 
of  Dutch  debt.  This  sum,  at  the  end  of  the  year  1806.  not  having  been  transferred  in  a  cor- 
responding manner,  on  the  books  of  ihe  treasury,  is  deducted  from  the  balance  then  stated 
to  be  in  the  hands  of  the  commissioners  on  account  of  the  Dutch  debt. 


G.  3,422,017   15     3 


1,221   10 


G.  3,420,796     5     3 


(6.)  The  balance  stated  in  the  bankers"  accounts,  (adding  the  dividend  of  Jan.  1,  1807,  charged  by  them  one  day 
before  it  was  payable)  is  j643,901  2,  to  which  is  added,  J33  18  5,  for  an  over  charge  made  by  them  in  their  ac- 
count of  Dec.  31,  1805,  as  explained  in  note  (b.)  to  statement  A.  above. 

(c.)  Statement  of  protested  bills,  outstanding  Dec.  31,  1806. 

Purchased  before  1802,      A.  Brown's  bdl,  for  G.  60,000 

C  Brown  and  Hackman's  bill,  00,000 


Purchased  in  1802, 


iBeal  0 wings'  bill, 


20,000 
G.  140,000 


$24,000 

24,000 

8,000 


Deduct  a  partial  repayment  made  on  the  above  bills,  in  1805, 
Leaves  the  sum  in  statement  B,     - 


$50,000"!  Further  sums  were  re 
I    covered  on  these  bills 
18,143  y  in   1807,  as    per  state- 
i    ment   E,   accompany- 


$37,857 j    ing  the  present  report. 


The  protested  bills,  outstanding  December  31,  1805,  per  note  (a.)  to  statement  B,  annexed  to  the 
annual  report,  dated  Feb.  4,  1807,  amounted  to  ..... 

Since  that  time,  no  bills  have  been  protested:  and  the  amount  repaid  in  1806,  per  statement  E,  an- 
nexed to  the  report  of  Feb.  4, 1807,  amounted  to  ..... 

And  left  outstanding,  on  31st  Dec.  1806,  as  here  stated,  .  .  .  . 

Treasury  Department,  Register^  Office,  January  25,  1808. 

JOSEPH  NOURSE,  Regiiter. 


$43,857 
6,000 

$37,857 


;  i  t ;  I  -•■ 


1808.] 


THE   SINKING   FUND. 


273 


c. 

List  of  Warrants  drawn  according  to  law,  during  the  year  1807,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  Interest  and  lieimbursement  of  the  Domestic  Debt. 


Number   of 

Date. 

In  whose  favor  drawn. 

Amount. 

Warrants. 

8507 

January    12. 

1807, 

James  Davidson,  Jr.     . 

$15,034  40 

8524 

"             22. 

44 

Do. 

20  79 

8649 

March       10, 

44 

Do. 

5,919  64 

8650 

<i                       »• 

44 

William  Gardner, 

6,300  00 

8651 

(•                       if. 

44 

Sherwood  Haywood, 
Isaac  Ncufvil  e, 

2,000  00 

8652 

ii,                      6  k 

.4 

40,000  00 

8673 

16, 

44 

Benjamin  Ausiin, 

105,000  00 

8674 

64                         66 

f  4 

Christopher  Ellery, 

11,600  00 

8675 

.6                       66 

44 

William  Imlay, 

19,100  00 

8676 

C6                       66 

44 

William  Few, 

250,000  00 

8677 

66                       66 

44 

James  Ewing, 

5,550  00 

8678 

.6                      66 

44 

John  Pasie, 

6,000  00 

8679 

"            20, 

44 

Edward  Hall. 

23,-371  82 

8685 

"             23, 

44 

Stephen  Moylan, 

198,727  30 

8690 

26, 

44 

John  Stockton, 

2,661   83 

8740 

31, 

44 

John  Page, 

274  24 

8741 

44                      44     ' 

44 

Do. 

593  52 

8742 

44                      44 

44 

Do. 

475  48 

8658 

April         28, 

44 

Peter  R.  Dalton, 

100,000  00 

8859 

•44            44 ' 

44 

Jonathan  Burrall, 

100.000  00 

8860 

44            44 

4( 

George  Simpson, 

100,000  00 

8861 

44            44 

4< 

James  Davidson,  Jr. 

20,000  00 

8862 

44            44 

44 

Josiah  Smith, 

25,000  00 

8915 

June          5, 

44 

James  Algei;, 

750  00 

8916 

44           44 

4< 

Isaac  NeuiVille, 

35.000  00 

8917 

44                      4. 

4( 

Sherwood  Haywood, 

2,000  00 

8918 

44                       44 

44 

William  Imlay, 

18,800  00 

8919 

4.                       44 

44 

William  Gardner, 

6,300  00 

8932 

16, 

C4 

Benjamin  Austin, 

100,000  00 

8933 

44             44 

44 

Christopher  Ellery, 

11.000  00 

8934 

<4                    44 

44 

William  Few, 

260,000  00 

8935 

44                       44 

44 

James  Ewing, 

5,400  00 

8936 

4  4                      (4 

44 

John  Page, 

6,500  00 

8947 

"            19, 

44 

Edward  Hall, 

23,126   18 

8948 

"             22, 

44 

Stephen  Moylan, 

196,651    17 

8955 

"             25, 

44 

John  Stockton, 

2.732  89 

9022 

"             30, 

44 

John  Page, 

136  33 

9023 

44             44 

44 

Do. 

334  09 

9024 

((             44 

(4 

Do 

160  61 

9025 

41             44 

44 

Do. 

748  37 

9065 

July          6, 

44 

George  Simpson, 
Do. 

100,000  00 

9071 

^\ 

44 

100,000  00 

9086 

14, 

44 

James  Davidson,  Jr. 

8  00 

9087 

44             44 

44 

Do. 

5,416  39 

9089 

16, 

44 

Peter  R.  Dalton, 

100,000  00 

9093 

"             18, 

44 

Do. 

100,000  00 

9094 

44                       4< 

44 

Jonathan  Burrall, 

100,000  00 

9095 

44                       44 

44 

George  Simpson, 

100.000  00 

9129 

"             29, 

44 

Peter  R.  Dalton, 

100,000  00 

9153 

August     5. 

44 

James  Davidson,  Jr. 

4,738  00 

9198 

"            31, 

44 

George  Simpson, 

100.000  00 

9199 

44            44 

44 

Peter  R.  Dalton, 

100.000  00 

9209 

September  3, 

44 

William  Gardner, 

6,250  00 

9210 

44            44 

44 

Sherwood   Haywood, 

2,000  00 

9211 

44           44 

44 

Isaac  Neufville, 

35.000  00 

9212 

(4                       44 

44 

James  Alger, 

750  00 

9235 

"              15, 

44 

Benjamin  Austin, 

170,000  00 

9236 

44             44 

44 

Do. 

9.000  00 

6237 

44                       4< 

tt 

William  Few, 

260,000  00 

9238 

4  4                       44 

44 

Do. 

5,400   00 

9239 

44                       44 

(4 

James  Ewing, 

5,250  00 

9240 

44                       44 

44 

Christopher  Ellery, 

11,750  00 

9241 

"                       18, 

44 

Edward  Hall, 

22.818  48 

9244 

"                      22, 

44 

Stephen  Moylan, 

186,352  88 

9245 

44                      44  ' 

44 

Do. 

105,600  00 

9246 

44                      44 

44 

John  Page, 

6,500  00 

9247 

"             24, 

4e 

Jonathan  Bull, 

20,000  00 

9249 

"             38, 

44 

George  Simpson, 

129,222  31 

9250 

44             44 

44 

John  Stockton, 

2,696  80 

9252 

44             44 

4s 

Thomas  T.  Tucker 

3,106  09 

9253 

<4                       44 

*4 

James  Davidson,  Jr. 

22,243  59 

9254 

44                       (4 

(4 

Do. 

56.000  00 

9411 

October     20, 

4< 

Do. 

5.985  35 

9484 

November  23, 

44 

Jonathan  Bull. 

2,000  00 

9486 

4t                      44 

44 

Jonatiian  Burrall, 

82,736  27 

9513 

December  8, 

44 

William  Gardner, 

12,000  00 

9514 

.4           44 

44 

Jonathan  Bull, 

15,000  00 

9515 

44            44 

44 

Sherwood  Haywood, 

2,400  00 

9516 

44            44 

(4 

Isaac  Neufville, 

65,000  00 

9517 

44            44 

44 

James  Alger, 

1,500  00 

9539 

15, 

44 

Christopher  Ellery, 

20,500  00 

274 


FINANCE. 


[1808. 


LIST — Continued. 


Treasury  Department,  Register's  Office,  Jamtanj  25lh,  1808. 


Number  of 

Date. 

In  whose  favor. 

Amouht. 

Warrants. 

9540 

Dec. 

15, 

1807, 

James  Ewing, 

$9,250  00 

9541 

4b 

a 

4( 

John  Page, 

' 

15,000  00 

9544 

(( 

18, 

46 

Edward  Hall 

, 

45,988   14 

9556 

a 

22, 

(4 

Jonathan  Bull, 

25,000  00 

9571 

<t 

29, 

tl. 

George  Simpson, 
James  Davidson,  Jr. 

72,119  07 

9572 

tt 

;; 

K 

37,827  90 

9573 

a 

a 

ii 

Thomas  T.  Tucker, 

, 

5,028  32 

9579 

a 

31, 

a 

John  Page, 

726  11 

9580 

a 

t( 

ii. 

Do. 

1,677  70 

9581 

a 

a 

a 

Do. 

3,119  83 

8693 

March 

28, 

i^ 

Thomas  T.  Tucker,    . 

$167,097  93 

8958 

June 

26, 

a 

Do. 

168,879  93 

9351 

Septr. 

28, 

(i 

Do. 

175,210  08 

9538 

Deer. 

15, 

44 

Do. 

654,319  39 

9563 

i(. 

16, 

4< 

Do. 

447,104   10 

1,612,611  43 

$5,833,441   32 

JOSEPH  NOURSE,  Register. 


Amount  drawn  according  to  law  from  the  Treasury  of  the   United  States,  during  the  year  1807,  07i  account 

of  the  Dutch  debt. 


July  7,  1807.  Warrant  No.  9076,  in  favor  of  Albert  Gallatin, 

Treasury  Department,  Register's  Office,  January  25,  1808. 


$2,806  25 


JOSEPH  NOURSE,  Register. 


List  of  Warrants  drawn  according  to  law,  during  the  year  1807,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  interest  on  the  Louisiana  six  per  cent,  stock. 


Warrants. 


Number. 


8527 
8528 
8558 
8621 
8622 
8623 

8875 
8903 
8904 
9163 
9166 
9183 
9184 


Date. 

January 

23, 

1807, 

4b 

<*k 

a 

February 

2, 

ii 

_ 

March 

3, 

ii 

- 

44 

ii 

(,i 

_ 

44 

Ci 

&<> 

- 

May 

9, 

a 

„ 

44 

28, 

a 

- 

4C 

44 

a 

August 

7, 

4; 

- 

4  4 

11, 

4b 

- 

4b 

17, 

•ti 

- 

44 

4  b 

ii. 

In  whose  favor. 


George  Simpson, 
Jonathan  Burrall, 
Peter  Roe  Dalton, 
Jonathan  Burrall, 
George  Simpson, 
Peter  Roe  Dalton, 

John  B.  Petry,  - 
Jonathan  Burrall, 

Ditto, 

Ditto, 
George  Simpson, 
Jonatnan  Burrall, 
George  Simpson, 


$152  44 

142 

99 

176 

00 

$146  25 
146  25 


Amount. 


$57,199  99 
60,977  75 
70,400  00 


471   43 
15,000  (0 

187,288  85 

468  22 

58,500  00 

58,500  00 


292  50 


$509,098  74 


Included  in  the  foregoing  list  of  warrants,  are  the  following  warrants  for  commissions  to  agents  who  purchased  the 

bills,  at  one-fourth  of  one  per  cent: 


No.  8621,  March  3,     Jonathan  Burrall, 

8622,  "        "     George  Simpson, 

8633,  "        "     Peter  Roe  Dalton, 

8904,  May      28,  Jonathan  Burrall, 

9183,  August  17,  Ditto, 

9184,  "    George  Simpson,  - 


$152  44 
142  99 
176  00 
468  22 
146  25 
146  25 


1,232  15 


Treasury  Department,  Ragister's  Office,  January  25,  1808. 


JOSEPH  NOURSE,  Register. 


1808.] 


THE    SINKING    FUND. 


275 


List  of  Warrants  drawn  according  to  lau\  during  the  year  1807,  on  the  Treasurer  oft/ie  United  States,  on  account 

of  the  payment  of  certain  parts  of  the  Doinestic  Debt. 


Warrants. 

In  whose  favor. 

Number. 

Date. 

Amount. 

8515 
8G00 
8856 
9115 

January     Iti, 
February  19, 
April         27, 
July          22, 

1807, 

1. 

Joseph  Cassin,  ----- 
Jolin  Blake,  Jr..            -            .           -            - 
Edward  Beeson.           -            .            .            - 
William  Calhoun,          .            .            -            - 

$234  52 
11  25 
11  87 

1,224   13 

$1,481   77 

Amount  drcnvn  according  to  law,  from  the  Treasury  of  the  United  States,  during  the  year  IS07,  for  the  payment 

of  debts  due  to  foreign  officers. 


IS07.    January  22.  Warrant  No.  8.949,  in  favor  of  Col.  de  la  Radier  Balleau, 


$63776 


RECAPITULATIOX. 


Interest  and  reimbursement  of  the  domestic  debt,  - 
Interest  and  reimbursement  of  the  Dutch  debt. 
Interest  on  Louisiana  stock. 

For  the  payment  of  certain  parts  of  the  domestic  debt. 
For  the  payment  of  debts  due  to  foreign  officers,    - 


$5,833,441  32 

2,806  25 

509.098  74 

1,481  77 

637  76 

$6,347,465  84 


Treasury  Department,  Bcgistcr's  Office.  January  25.  1808. 


JOSEPH  NOURSE.  Registe 


iter. 


D. 

Amount  of  remittances  during  the  year  1807,  on  account  of  the  Dutch  debt,  and  for  the  payment  of  interest  on  the 

Louisiana  six  per  cent,  stock. 


^57,000  sterling,  at    2i  per  cent,  discount, 

5,000  163i          - 

3,000  165             -             -             - 

5.000  166|           - 

16,000  1  per  cent,  discount. 


£'86,000  sterling,  equal 

Guilders.  St. 
307.195  10  at  thirty-nine  cents  per  guilder, 

Francs. 
79.999  ,-¥,- at  5 -rVWo,  equal       - 


Applied  to  remittances. 

Paid  to  agents,  for  commissions. 


Warrants  issued  in  the  year  1807,  on  account  of  the  Dutch  debt,  as  per  statement  C, 
Warrants  issued  on  account  ofinterest  on  the  Louisiana  six  per  cent,  stock,  per  statement  C, 


Profit  arising  from  remittances,  viz: 
86,000  pound  sterling,  at  par. 
307,195  10  guilders,  at  par, 
79,999  fjo  francs,  at  par. 


Remittances  cost 
Gain. 


$248,266  60 
21,777  77 
13.200  00 
22,222  22 
70,400  00 

$375,866  59 
119.806  25 

15,000  00 

$510,672  84 
1,232  15 

$511.904  99 

$2,806~25 
509,098  74 

$511,904  99 


$382,222  22 

122.878  20 
15,000  00 

$520,100  42 
510.672  84 

$9,427  58 


Treasury  Department,  Register's  Office,  January  25. 1808. 

JOSEPH  NOURSE,  Register. 


276 


FINANCE. 


[1808. 


E. 

Statement  of  repayments  made  into  the  Treasury  during  the  year  1807,  on  account  of  the  Public  Debt. 


Warrants. 

On  whom  drawn. 

■ 

Principal 
repaid. 

Damages, 
b.c.  recover- 
ed. 

Amount  of 

Date. 

No. 

Warrant. 

1807. 
March  31. 

<(          a 

June     30. 

Sept.    30. 
t  i        1.1. 

it,        tt 

1042 
1043 
1056 
1094 
1095 
1096 

John  Hopkins,  for  moneys  heretofore  advanced  for  paying 
interest,  &c.  on  the  funded  debt,      .... 

John  Stephen,  for  a  protested  bill  recovered  from  tlie  estate 
of  Beat  Owings,          ...... 

John  Hopkins,  for  moneys  heretofore  advanced  him  for  pay- 
ing interest,  &c.  on  the  funded  debt, 

George  Grundy,  for  a  protested  bill  drawn  by  Aquila  Brown, 
and  others,       ....... 

Josiah  Smith,  for  moneys  heretofore  advanced  him  for  the 
purchase  of  stock,      .           .            .... 

James  Davidson,  jun.                  ditto.                      ditto. 

Dollars, 

Dolls,  cts. 
1,895  66 
8,000  00 

16,500  00 

18,820  00 
15,974  00 

Dolls,  cts. 

249  48 

114  71 

35 

• 

Dolls,  cts. 

2,145   14 

8,114  71 

35 

16,500  00 

18,820  00 
16,974  00 

61,189  66 

364  54 

61,5.54  20 

Treasury  Department,  Begister^s  Office,  January  25,  1808. 

JOSEPH  NOURSE,  Register. 


An  estimate  of  the  application  made  in  the  year  1807,  of  the  funds  provided  for  the  payment  qf  the  principal  and 

interest  of  the  Public  Debt. 


<■■■•■  I.  On  account  of  the  Principal. 

1st.  Amount  of  eight  per  cent,  and  exchanged  six  per  cent,  stock,  purchased  by  the 

commissioners  of  the  sinking  fund,  per  statement  L,  herewith, 
9d.    Reimbursement  of  the  six  percent,  and  deferred  stocks,  estimated  at 
3d.  Reimbursement  of  tlie  four  and  a  half  per  cent,  stock        .... 
4th.  Reimbursement  of  the  unfunded  registered  debt,  including  arrearages  of  interest, 
5th.  Reimbursement  of  tlie'debt  due  to  foreign  officers,  including  arrearages  of  interest, 
6th.  Reimbursement  of  the  foreign  debt,  viz: 

Guilders  at  40  cts. 
600,000 
600,000 
500,000 
600,000 


Last  instalment  of  loan  of  3,000,000,  of  January  1,  1792, 
Third  instalment  of  loan  of  3,000,000,  of  January  1,  1794, 
Last  instalment  of  loan  of  2,000,000,  of  February  1,  1784, 
Last  instalment  of  loan  of  2,950,000,  of  June  1,  1792, 


2,300,000= 


IL  On  account  of  interest  and  charges. 

1st.   InteifV't  on  the  domestic  funded  debt,  estimated,  for  1807,  at     . 

2(1.  Inteiest  on  Louisiana  stock,  domesticated,  ..... 

3d.  C<)mmissions  to  agents  for  purchase  of  stock,         .  .  .  .  . 

4th.  Difference  between  moneys  applied  to  purchase  of  stock,  and  the  amount  of 
stock  purchased,        ....  ..... 

5th.  Interest  and  charges  on  foreign  debt,  viz: 

Guilders  at  40  cts. 
At  Amsterdam,         .....         158,000 
Premiums  at  Amsterdam,  (on  loan  of  Feb.  1.  1784)        5«,000 
('barges  at  Amsterdam,        .  .  .  .  2,176  10 


21«,176  10=  $84,070  60 
Interest  and  charges  on  Louisiana  stock,  in  London  and  Amsterdam.       677,530  80 


Commissions  to  agents  in  America,  for  purchasing  bills. 


$1,166,707  62 

1,461,336  24 

170,000  00 

1,481  77 

637  76 


920,000  00 


$0,849,567  38 

840  00 

3,900  38 


17.267  35 


761,601   40 
1,«32   15 


$.'»,729,163  39 


3,633,408  66 


$7,362,572  05 


1808.] 


THE    SINKING   FUND. 


277 


G. 

An  estimate  of  the  funds  provided,  before  the  \st  January,  1808, /or  the  payment  of  the  princinal  and  interest  of 

,^  the  public  debt,  falling  due  after  that  day. 


\.  On  account  of  the  foreign  debt. 
Cash  in  the  IkiikIs  of  comiiiissioners  and  agents  in  Europe,    December  31,  ISOl,  per  preceding 

statement  15,  - 

Remittances,  outstanding  on  .31st  December,  I80G,  per  same  statement. 

The  remittances  made  during  the  j'ear  1807,  per  preceding  statement  D,  are  as  follows,  vi-/.: 
To  Amsterdam,       -  guilders,  307,195  10,  at  40  cents,        -  8132,878  20 

francs,  79,999  50,   at  ^jsii^  per  dollar,  15,000  00 

■ 137,878  20 

To  Ivjndon,  ^686,000  at  4,9.  6d.      -  -  -  -  -  -  ■         382,222  23 


Total  to  be  accounted  for,                      .            -  .            _ 
The  amount  applied  during  the  year  1807,  per  preceding  estimate  F,  is  calculated 

to  have  been,  for  principal,                -                -                .                .                .  920,000  00 

For  interest  and  charges,         ------  761,601  40 


The  balance  in  the  hands  of  commissioners  and  agents  in  Europe,  or  in  the  remittances  outstand- 
ing,  may.  thciefoie.  be  estimated,  on  31st  December,  1807,  to  be        - 
The  amount  of  protested  bills  outstanding  on  the  same  day  was  as  follows,  viz: 
T)      U.I  k^c,  ..„  .,.,,1  ;..  iQoo  ^  A.  Brown's  bill,        -  G.  60,000    $24,000  7t 

Purchased  before  and  in  1802,  ^  ^^.^^^^.^  ^^  Hackman's  do.  60:000      24:000  \  I"  ^">^- 


Of  which  there  had  been  received,  in  part,  previous  to     1807,  18,143 
And  in  the  year  1807,        -  -  -  -  16,500 


48,000 


34,643 


Remains  outstanding. 


2.  On  account  of  the  domestic  debt. 
Cash  in  the  hands  of  agents,  for  the  purchase  of  stock,  on  the  31st  Dec.  1807,  per 

statement  L,  herewith.     -  - 

From  which  deduct  unclaimed  dividends  demandable  at  the  treasury,  and  not  yet 
advanced  to  the  bank  for  payment  to  the  creditors,  estimated  at 


$1,563,086  04 
312,000  00 


520,100  42 


62,395,186  46 


1.681,601   40 


^713,585  06 


110,804  92 
18,257   17 


13.357  00 
726,942  06 


92,517  75 
n9,489  81 


RECAPITULATION'. 


The  balance  remaining  unexpended  Dec.  31,  1806,  per  preceding  statement  B,  was 
Amoimt  advanced  from  the  treasury,  in  the  year  1807,  per  preceding  statement  C, 
Profit  ill  foreign  exchange,  in  the  year  1807,  per  precedmg  statement  D, 


$1,886,358   10 

6,347,465  84 

9,427  58 

$8,243,251   53 


The  amount  estim.ited  to  have  been  applied  to  the  public  debt,  in  1807,  per  preceding  estimate  F.  is  S7,3G2,572  05 
Repayments  into  the  treasury,  in  1807,  on  account  of  the  principal  of  advances  for  the  domestic 

debt  and  of  foreign  bills  of  exchange  protested,  per  preceding  statement  E,             -                -  61.189  66 

Piv.vision  in  advance,  applicable  to  the  payments  of  the  year  1808,  pc-r  preceding  estimate  G,    -  819,469  81 


3,243,251   52 


56         ft 


rm 


AiriDt  FINANCE. 


11808. 


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1808.] 


THE   SINKING   FUND. 


279 


1. 


statement  of  moneys  arising  from  hUereM  on  Stock  transferred  to  the  United  Stales,  being-  the  amoimt  drawn  by 
the  Jigent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  1807 ,  pursuant  to  the  Jlct  of 
May  8,  1792,  agreeably  to  the  statements  made  at  the  Treasury. 


March 

28, 

1807, 

Warrant  No.  8693, 

June 

26, 

44 

do.            8958, 

September 

28, 

(4 

do.            9251, 

December 

26, 

44 

do.             9563, 

per  treasury  statement  No.  19,279 

do.                 do.  19,556 

do.                 do.  20,093 

do.                 do.  20,093 


Treasury  Department,  Register's  Office,  January  25th,  1808. 


$167,097  93 

168,879  93 

175,210  08 

417,101  10 

$958,292  04 


JOSEPH  NOURSE,  Register. 


K. 

Statement  of  moneys  drawn  by  the  Jlgent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  in  the  year  1807, 
being  an  account  of  moneys  received  into  the  Treasury  from  sales  of  Public  Lands,  pursuant  to  the  Jict  of 
3d  March,  1795,  agreeably  to  settlements  made  at  the  Treasury. 


December   15,  1807,     Warrant  No.  9538,    per  treasury  statement  No.  20,093 
Treasury  Department,  Register''s  Office,  January  25th,  1808. 


1654,319  39 


JOSEPH  NOURSE,  Register. 


L. 

Purchases  made  by  the  .Agents  of  the  President  of  the  Senate,  the  Chief  Justice,  the  Secretary  of  State,  the  Se' 
cretary  of  the  Treasury,  and  the  .Attorney  General,  appointed  by  ,^ct  of  Congress  of  the  'l2th  August,  1790' 
entitled  "  An  act  making  provision  for  the  reduction  of  the  Public  Debt. " 


Date  of  pur- 
chase. 

Description 
of  stock. 

By  whom  purchased. 

Of  whom  purchased. 

Rate. 

Amount. 

Total  amount. 

1807,  May    4, 

8  per  ct. 

George  Simpson, 
Cash'r.   ot   the 
Bank  of  the  U. 

States. 

McEuen.  Hale  &  Davidson,     - 

102 

$10,500 

5, 

do 

do 

G.  Taylor,  Jr., 

•  4 

3,000 

6, 

do 

do 

Robt.  Clay, 

44 

300 

6, 

do 

do 

W.  M.  Biddle&Co.. 

44 

600 

11, 

do 

do 

McEuen,  Hale  &  Davidson,     - 

103 

2,300 

12, 

do 

do 

T.  Fitzsimons,  president, 
McEuen,  Hale  &  Davidson,    - 

103| 

12,200 

13, 

do 

do 

b4 

300 

13, 

do 

do 

Esther  Philips,  - 

^i 

4,000 

14, 

do 

do 

McEuen,  Hale  &  Davidson,     - 

4i. 

9,400 

15, 

do 

do 

G.  Marelies,     - 

4* 

600 

i        '  .          15, 

do 

do 

G.B.  D.  Keim, 

b. 

600 

16, 

do 

do 

Jasper  Moylan, 

(  • 

1,000 

16, 

do 

do 

Josiah  Lockhart. 

44 

22,000 

16, 

do 

do 

Paul  Siemen,    - 

44 

5,000 

16, 

do 

do 

Robert  Heysham. 

44 

1,000 

16, 

do 

do 

Henry  Drinker, 

44 

2,000 

18, 

do 

do 

Richard  Sweetman, 

44 

3,400 

19, 

do 

do 

Joseph  Martin, 

•• 

200 

21, 

do 

do 

Robt.  Learning, 

4k 

2,000 

23, 

do 

do 

Samuel  Bell.     - 

(  b 

1,400 

June    6, 

do 

do 

Ditto, 

•• 

1,400 

July     1, 

do 

do 

Joseph  Brown,  - 

102? 

10,200 

1, 

do 

do 

Joua.  Smith,  att'y  D.  Ludlow 
&Co., 

( • 

11,500 

1, 

do 

do 

Thos.  Biddle,    att'y    R.    Gil- 
more  &  Son,  - 

44 

9,900 

1, 

do 

do 

John  Hunn, 

44 

11,700 

3, 

do 

do 

Esther  Phillips, 

44 

10,000 

3, 

do 

do 

F.  Gebhard,      - 

44 

600 

8. 

do 

do 

John  Morrison, 

'■ 

5,000 

3, 

do 

do 

Joseph  Hutchins. 

*^ 

2,500 

3, 

do 

do 

S.  Girard,          .            .            - 

44 

30.000 

3. 

do 

do 

Thos.  Biddle,  att/v  to  A.  Hart, 

44 

600 

3, 

do 

do 

A.  F.  Weibert. 

44 

1,500 

3, 

do 

do 

D.  Parish, 

44 

18,000 

6, 

do 

do 

George  Hyde,  - 

44 

5,000 

7, 

do 

do 

Anna  J.  Maybin. 

44 

3,000 

7, 

do 

do 

Susan  Perkins, 

44 

1,000 

9, 

do 

do 

McEuen,  Hale  &  Davidson,    - 

44 

4,700 

10, 

do 

do 

Phineas  Bond, 

44 

3,000 

10, 

do 

do 

Paul  Siemen,    - 

44 

10,000 

10, 

do 

do 

Ed.  Mott, 

44 

1,100 

10, 

do 

do 

John  Brown,     - 

44 

22,400 

11, 

do 

do 

Isaac  Snowdeu,  Jr., 
David  Caldwell, 

44 

1,900 

13, 

do 

do 

44 

1,600 

13, 

do 

do 

John  Brice,        -            .            - 

44 

800 

20, 

do 

do 

John  Cook, 

44 

6,900 

20, 

do 

do 

John  Palmer,  L. 

44 

700 

,   .  , 

21, 

do 

do 

James  Ryan,     - 

44 

6,000 

280 


FINANCE. 


[1808. 


L — Continued. 


Date  of  pur- 

Description 

By  whom  purchased. 

Of  whom  piu-chased. 

Hate. 

Amount. 

Total  amount. 

chase. 

of  stock. 

1807,  July  22, 

8  per  ct. 

Georee  Simpson, 

TheEx'rs.  of  M.  McO'Brien, 

102  J 

$5,000 

22, 

do 

do 

Samuel  M'Lane, 

a 

3,000 

'       -''-      25, 

do 

do 

Mary  Nichols, 

a 

9,000 

28, 

do 

do 

Jona.  Jones, 

(( 

4,500 

30, 

do 

do 

Mary  Fisher,    - 

a 

500 

'   -              30, 

do 

do 

John  Smith,  E., 

4i 

1.000 

30, 

do 

do 

McEuen,  Hale  &  Davidson,    - 

ii 

2,000 

31. 

do 

do 

Clement  Biddle  and  others,  in- 
terest 

a 

4,000 

July    7, 

do 

do 

JohnMaybin,    - 

W4 

700 

31, 

Exchang'd 

Cperct. 

do 

Thomas  Biddle, 

971 

3,200  77 

31, 

do 

do 

Geo.  Taylor,  Jr., 

98 

7,84G  61 

Aug.    3, 

do 

do 

William  Tilghraan,      -• 

4( 

11.845  56 

3, 

do 

do 

Adam  Kuhn,     - 

44 

10,526  13 

3. 

do 

do 

Jasper  Moyian, 

44 

4,368  34 

5, 

do 

do 

Thomas  Wright,  Jr.,   - 

44 

3.574  42 

4, 

do 

do 

Insurance  Co.  North  America, 

4; 

59,638   11 

i, 

8  per  ct. 

do 

William  P.  Chandler, 

1022 

1,000 

3, 

do 

do 

F^lisha  Boudinot, 

4; 

1.000 

3, 

do 

do 

John  Young,     - 

44 

1,000 

10, 

do 

do 

William  Turnbull,  Adm'r.,     - 

4'* 

900 

11, 

do 

do 

Paul  Siemen,    - 

4C 

3,100 

-..y             13, 

do 

do 

Peter  Bauduy, 

4k 

1,000 

. 

.»,.  0-  I- 

do 

do 

William  Rogers, 

102i 

1,500 

do 

do 

Lydia  and  Sarah  Parker, 

4<: 

700 

5, 

do 

do 

Robert  Molyneux, 

44 

1,100 

~? 

do 

do 

John  Markoe,   - 

4( 

1,100 

8, 

do 

do 

Isaac  Lloyd,    - 

(4 

700 

•-./, 

^ 

do 

do 

Arabella  Green, 

44 

100 

i; 

do 

do 

Rebecca  Learning, 

44 

400 

15, 

do 

do 

John  Elliott,  C.- 

44 

2,000 

20, 

do 

do 

Samuel  Jones, 

44 

1,100 

i.6 

do 

do 

McEuen,  Hale,  &  Davidson,  - 

4( 

2,400 

21, 

do 

do 

Samuel  N.  Lewis, 

44 

1,400 

22, 

do 

do 

Ann  'I'anner, 

44 

200 

23, 

do 

do 

J.  F.  Treeouf, 

4; 

300 

24, 

do 

do 

Outerbridge  Horsey, 

4* 

2,000 

31, 

do 

do 

John  Morrison, 

44 

1,000 

Nov.  11, 

do 

do 

McEuen,  Hale,  &  Davidson,  - 

4^ 

10,000 

13, 

do 

do 

Richard  Wain, 

4<> 

1,400 

14, 

do 

do 

George  Russell, 

44 

1,600 

^i 

do 

do 

Eliza  Lawersyler, 

44 

2.500 

30, 

do 

do 

Samuel  N.  Lewis, 

41. 

1,800 

10, 

do 
do 

do 
J.  Burrall,  Cash'r 

P.  Bauduy,      - 

44 

1,000 

$434,399  64 

May    6, 

of"  the  Office  of 

D't  &  D't.  N.  Y. 

Alexander  Pui-vis, 

103] 

5,000 

it 

do 

do 

Nathaniel  Prime, 

44 

9,200 

a 

do 

do 

llufus  King,    -           -           - 

44 

10,000 

7, 

do 

do 

Lewis  &  Lawrence,    - 

4w 

1.800 

hi 

do 

do 

StaatsM.Dycknum,  - 

4; 

16,0,,0 

ii 

do 

do 

R.  F.  Muller, 

44 

2,800 

8, 

do 

do 

William  Rogers, 

44 

11,600 

9, 

do 

do 

T.  Jones,  Ex'r  D.  Law.'-cnce, 

4. 

500 

12, 

do 

do 

George  Nelson, 

44 

500 

46 

do 

do 

Lewis  Pintard, 

4. 

500 

14, 

do 

do 

Robert  Lenox. 

44 

6,400 

bb 

do 

do 

E.  &  G.  Van  Courtlandt, 

44 

900 

18, 

do 

do 

Mary  Laidue. 

4h 

800 

19. 

do 

do 

James  R.  Smith, 

44 

500 

20, 

do 

do 

David  Talcolt, 

4* 

1,100 

June    2, 

do 

do 

Ann  ^Valker,  Adm'r, 

4i 

100 

July     1, 

do 

do 

J.  G.  Leake,    - 

102t 

13.300 

2, 

do 

do 

George  Nelson, 

i>  4 

1,000 

(k 

do 

do 

Wynant  Vanzandt,     - 

bk 

900 

3, 

do 

do 

Rut'us  King,     -             -            - 

k4 

8,000 

k  b 

do 

do 

John  Davenporl. 

b4 

1,000 

6, 

do 

d(. 

L.  S.  Danberry. 

4« 

1,400 

8, 

do 

do 

John  Rulherford, 

44 

.",500 

11, 

do 

do 

Matliew  Clarkson. 

44 

10,300 

14, 

do 

do 

Edward  Goold, 

44 

700 

h4 

do 

do 

M.  H.  Salstonstall,     - 

41. 

1,000 

16. 

do 

do 

Ann  Brown,     - 

i  . 

7,000 

27, 

do 

do 

M.  Edwards,  - 

4b 

2.800 

31, 

do 

do 

Mary  Keer, 

4b 

2,600 

Aug.    5, 

do 

do 

Jacob  Reed,     - 

4<. 

1,000 

•• 

do 

do 

Edward  Goold, 

%■ 

1,000 

G, 

do 

do 

Rachel  Vandelbeck,    - 

4to 

700 

14, 

do 

do 

Evan  Johns,      • 

4ti 

5,600 

1~, 

do 

do 

Philip  Jacobs, 

4b 

2.000 

July   31, 

p^xchanged 

Gper  ceui. 

do 

Nathaniel  Prime, 

99 

19,462  89 

1808.] 


THE    SINKING    FUND. 


281 


L — Continued. 


Date  of  pur- 

1 
Description  By  whom  purchased. 

chase. 

of  stock. 

1807,  Aug.  18, 

Kx'tlf.p.ct. 

J.  Hurrall,       - 

it 

do 

do 

24, 

do 

do 

4C 

do 

do 

4i 

do 

do 

hi 

do 

do 

fcb 

do 

do 

66 

do 

do 

66 

do 

do 

31, 

do 

do 

Sept.  10, 

do 

do 

Oct.     2, 

do 

do 

24, 

do 

do 

Nov.    4, 

do 

do 

16, 

do 

do 

Aug.  24, 

8  per  ct. 

do 

Sept.    1, 

do 

do 

Oct.     1, 

do 

do 

e, 

do 

do 

16, 

do 

do 

23, 

do 

do 

24, 

do 

do 

28, 

do 

ko 

29, 

do 

do 

Nov.    6, 

do 

do 

6b 

do 

do 

1', 

do 

do 

16, 

do 

do 

May  11, 

do 

Peter  Roe  Dalfon. 

n. 

do 

Cashier  of  OHice 

11, 

do 

DiscountandDe- 

;—              16, 

do 

posite,  Boston. 

19, 

do 

do 

20, 

do 

do 

20, 

do 

do 

18, 

do 

do 

26, 

do 

do 

July     1, 

do 

do 

1, 

do 

do 

1, 

do 

do 

1, 

do 

do 

2, 

do 

do 

2, 

do 

do 

2, 

do 

do 

3, 

do 

do 

3, 

do 

do 

6, 

do 

do 

6, 

do 

do 

6, 

do 

do 

6, 

do 

do 

6, 

do 

do 

6, 

do 

do 

7, 

do 

do 

-      -^            7, 

do 

do 

8, 

do 

do 

11, 

do 

do 

15, 

do 

do 

15, 

do 

do 

15, 

do 

do 

17, 

do 

do 

17, 

do 

do 

18, 

do 

do 

18, 

do 

do 

22, 

do 

do 

23, 

do 

do 

23, 

do 

do 

24, 

do 

do 

24, 

do 

do 

24, 

do 

do 

24, 

do 

do 

25, 

do 

do 

25, 

do 

do 

27, 

do 

do 

28, 

do 

do 

28, 

do 

do 

Aug.  3, 

do 

do 

13, 

do 

do 

July  30, 

Ex.6  pr.ct. 

do 

Auii;.   5, 

do 

do 

G, 

do 

do 

6, 

do 

do 

Sept.  11, 

S  per  cent. 

do 

Oct.     1, 

do 

do 

7, 

do 

do 

Lewis  &  Lawrence,     - 

John  Watts,     -  -  - 

Jacoij  Le  Roy  &  Son, 

John  Davenport, 

Jacob  Reed,     -  -  - 

Leonard  Bleeker, 

Nathaniel  Prime, 
Ditto,     - 

Hugli  Williamson, 

Stephen  Reed, 

Nathaniel  Prime, 

James  Jay, 

Miles  Smith,    - 

Naflianiol  Prime, 

Peter  R.  Livingston, 

William  Cowley, 

Alexander  Ewing, 

(ieorge  Nelson, 

D.  C.  Verplanck, 

James  Arilen, 

Nathaniel  Prime, 

Peter  Taylor, 

AVilliam  Bailie, 

Ijoonard  Bleeker, 

J.  Inskeep  and  J.  Robertson, 

C.  Williamson, 

Nich.  Fish  and  other.s, 

Thomas  C.  Piersall, 

WiUiamPiiillips, 

John  Jeffries,     - 

Allen  Crocker, 

William  Pralt,- 

Richard  Sullivan,' 

Daniel  Stockcr, 

Richaid  Derby. 

Obadiah  Brown, 

Jacob  Sheate,     -  -  - 

Gardiner  Greene, 

Jonathan  Chapman, 

Thomas  Saunders, 

David  Sears,     -  -  - 

Gardiner  Greene, 

Nathan  Reed,  - 

John  Welles,    -  -  - 

William  Phillips, 

Andrew  Sigourney, 

William  Phillips 

Andrew  Sigourney, 

Gaidiner  Greene, 

.Samuel  Cobb,    - 

John  Welles,    - 

Bethiali  Cobb,  - 

Allen  Crocker, 

George  Burroughs, 

Thomas  Dickerson,  jr. 

Andrew  Brimmer, 

Thomas  L.  W^inthrop, 

Estate  of  Han.  Rovve,per  Ex'r. 

Charles  Robins, 

Boston  Marine  insurance  Co. . 

William  Phillips, 

Robert  Treat  Paine,     - 

Thomas  Lee,     -  -  - 

Francis  Barnard, 

Joseph  Cooiige,  jr. 

Union  insurance  Company, 

John  Cabot, 

Richard  Sullivan, 

Charles  Coulidge, 

Arnohl  \\'elles, 

Jacob  Tidd, 

Joseph  Cuolidge, 

Tristram  Barnard, 

S.  Clap,  adm'r.  of  M.Thevins, 

Francis  Mackey, 

Edward  Southwick, 

Ezekiel  H.  Derby, 

Maiy  Boardman, 

James  Moiss,    - 

John  Parker,     - 

Boston  Marine  Insurance  Co., 

John  Jackson,   - 

Russell  Sturgis, 

Sarah  Aptliorp, 


Hate. 

1 

Amou 

It. 

Total  amount 

99 

$17,372 

n 

k  b 

8,620 

12 

66 

4,977 

60 

66 

1 ,283 

67 

ki 

3,351 

72 

66 

6.38 

24 

66 

4,290 

72 

6b 

733 

57 

66 

2,823 

57 

66 

535 

53 

66 

2,513 

20 

66 

1,257 

13 

ki. 

30,000  00 

66 

1,540 

22 

it 

599 

05 

102  J 

3,300 

00 

66 

1,000 

00 

102i 

1,800 

00 

66 

2,300 

00 

66 

10,000 

00 

Cb 

3,300 

00 

a 

2,500 

00 

66 

2.200 

00 

46 

2,500 

00 

oi. 

2,000 

00 

66 

1,400 

00 

66 

5,100 

00 

6  6 

9,100 

00 

103| 

6.000 

00 

do 

2,800 

00 

do 

800 

00 

do 

1,000 

00 

do 

2,500 

00 

do 

1,000 

00 

do 

11,500 

00 

do 

700 

00 

do 

900 

00 

102| 

19,000 

00 

do 

1.400 

00 

do 

7,300 

00 

do 

3,700 

00 

do 

4,000 

00 

do 

2,000 

00 

do 

2,100 

00 

do 

14,500 

00 

<lo 

1.400 

OO 

do 

4,000 

00 

do 

1.400 

00 

do 

10,000 

00 

do 

2.400 

00 

do 

700 

00 

do 

2,400 

00 

do 

1,700 

00 

do 

1,000 

00 

do 

5.700 

00 

do 

2,000 

00 

do 

1.400 

00 

do 

14,000 

00 

do 

6,000 

00 

do 

95.200 

00 

do 

30,000 

00 

do 

1,400 

00 

do 

1,400 

00 

do 

6,400 

00 

do 

1,400 

00 

do 

8,300 

00 

do 

2,300 

00 

do 

4,000 

00 

do 

1,400 

00 

do 

1,600 

00 

do 

2,200 

00 

do 

3,300 

00 

do 

300 

00 

do 

100 

00 

do 

800 

00 

do 

3,000 

00 

do 

1,000 

00 

96 

8.429 

23 

96i 

5,467 

75 

do 

5,990 

48 

do 

80,120 

22 

1 02| 

400 

00 

lOll 

5,000 

00 

do 

1,000 

00 

282 


FINANCE. 


[1808. 


L — Continued. 


Date  of  pur- 
chase. 

Description , 
of  stock. 

By  whom  purchased. 

of  whom  purchased. 

Rate. 

Amount. 

Total  amount. 

1807,  Oct.   1-2, 

8  per  cent. 

Peter  Roe  Dalton, 

John  Philips,  jr. 

lOli 

$4,000  00 

17, 

do 

do 

Ebenezer  L.  Boyd, 

do 

9,300  00 

19, 

do 

do 

J.   P.  Thurston,  administrator 
of  E.  Phillips,  deceased. 

do 

300  00 

23, 

do 

do 

Peter  C.  Brooks, 

102 

16,200  00 

26, 

do 

do 

Samuel   Clap,  guardian  of  S. 
Thager,          .           -           - 

do 

400  00 

29, 

do 

do 

James  Gardner,  administrator 
of  S.  Boardman, 

do 

1,000  00 

Nov.  11, 

do 

do 

Nathan  Read,  -          1- 

do 

1,000  00 

16, 

do 

do 

George  Storer,  -       '     - 

do 

900  00 

23, 

do 

do 

Matthew  Withington,  - 

do 

100  00 

30, 

do 

do 

Allen  Halett,    - 

do 

300  00 

439.907  68 

July     1, 

Josiali  Smith, 
Cashier  Office  Dis- 
count and   Depo- 
site,  Charleston. 

John  Brownlee, 

1021 

6,000  00 

May  23, 

do 

James  Davidson, 
Cashier  Office  Dis- 
count and   Depo- 
site,  Wasliington. 

John  Steele,     -           -            - 

1031 

1,800  00 

July    9, 

do 

do 

Nathaniel  Pendleton,  - 

1021 

1,400  00 

11, 

do 

do 

Daniel  Clark,    - 

do 

700  00 

Aug.    5. 

do 

do 

Samuel  De  Butts. 

do 

4,600  00 

8  500  00 

Dollars, 

1,166,707  63 

The  stock  purchased  as  above,  consisted  of— 
Eight  per  cent. 
Exchanged  six  per  cent.  - 


$866,700  00  cost  $890,520  75 
300,007  62     "        293,454  22 


1,166,707  62 


DiflFerence  between  the  amount  of  stock  purchased  and  moneys  applied  to  the  purchase. 


Whereof  was  credited  on  the  books  of  the  treasury,  31st  December,  1807, 
Remained  to  be  ciedited,     ------- 


8  per  cent. 

$784,600  00 

82,100  00 


$1,183,974  97 
1,166,707  62 

$1^7,267  35 

Exchanged. 

$267,810  27 

32,797  35 


$866,700  00  $300,007  62 


G.  Simp.son. 

Jona.  BurraU. 

P.  R.  Dalton. 

Josiah  Smith. 

Jas.  Davidson. 

Total. 

Amount  advanced  the  agents, 

$500,000  00 

$282,736  27 

$500,000  00 

§2.5,000  00 

$24,738  00 

1,332,474  27 

Expended  in  the  purchase  of  stock. 
Commissions  to  the  agents,  - 
Repayments  into  the  treasury. 
Balance  in  the  hands  of  agents,     - 

441,543  44 
1,080  72 

57,375  84 

282,022  52 
692  50 

21   25 

445,  ,501   20 
1,090  91 

53,407  83 

6,165  00 
15  00 

18,820  00 

8,742  75 

21   25 

15,974  00 

1,183,974  97 

2,900  38 

34,794  00 

110,804  92 

Dollars, 

500,000  00 

282,736  27 

500,000  00 

25,000  00 

24,738  00 

1,332,474  27 

Treasury  Department,  Begister^s  Office,  QStli  January,  1808. 

M  .  .  M. 


JOSEPH  NOURSE,  l^egister. 


"It 


At  a  meeting  of  the  Commissioners  oftlie  Sinking  Fund,  on  the  23d  day  of  March,  1807. 

Present:  James  Madison,  Secretary  of  State,  , 

Albert  Gallatin,   Secretary  of  the  Treasury,  ■   '  \ 

CiE.sAR  A.  Rodney,  Attorney  General. 

The  Secretary  ot  the  Treasury  laid  beiore  the  Board  a  report,  dated  the  21st  of  March,  1807,  which  was  read, 
and  is  as  follows;  ^,,-, 

"That  the  payments  to  be  made  during  the  year  1807,  on  account  of  the  public  debt,  are  estimated  as  followetli, 

VIZ  • 

Annual  interest  and  reimbursement  of  8  per  cent,  on  41,800,000  dollars  nominal  amount  of  the  six 

per  cent,  and  deferred  stocks,               ....---  $3,314,000 

Interest  on  19,020,000  dollars,  3  per  cent,  stock,           -'■' ■  \\      '                "               ■               i  h:  50,600 

do,         on  6,360,000  dollars  8  per  cent,     do.-               -'»-"-                -                 -      -         I -*  508,800 


di). 
do. 
do 


on  80,000  dollars,  1796   G  per  cent.  tlo.  3  -  "  " 

'"'    nine  months,  on  176,000  dollars,  4^  per  cent.  do.  -  -  _  -     ^ 

'■     on  6,250,000  dollars,  Louisiana  stock,  in  London,  including  commission,     "" 


y% 


4,800 
6,000 
376,800 


Remittances  wanted  to  complete  the  payments  in  Holland,  to  the  1st  January,  1808.  inclusive. 

Leaving  a  su 111  of  -|  -  «  i-'^/  -  - 

To  be  applied  in  order  to  complete  the  annual  appropriation  of  -  -  - 


$4,811,000 
39,000 

$4,850,000 
3,150,000 

$8,000,000 


1808.]  CLAIMS    UNDER    THE    FRENCH    CONVENTION.  533 


And  that  the  said  sum  of  3,150,000  doHars,  may  be  applied — 

1st.  To  the  reimbursement  of  the  four  and  a  half  per  cent,  stock,  amounting  to  176,000  dollars,  and  which  is  the 
.ly  species  of  debt  redeemaijie  at  the  pleasure  of  the  Cuited  States,  not  yet  reimbursed. 
2d.  To  the  purchase,  at  the  rates  fixed  by  law,  of  the  eight  per  cent,  stock. 

3d-  To  the  purchase  of  the  new  six  per  cent,  slock,  which  may  be  created   by  the  subscriptions  of  the  old  six 
cent,  deferred,  and  three  per  cent,  stocks,  in  conformily  with  the  act,  entitled   "An  act  supplementary  to  tlie  act, 
tied  "An  act  making  provision  for  the  redemption  of  the  whole  of  the  public  debt  of  the  United  States,"  passed 
■lary  11,  1807." 

AVhereupon,  it  was  RcsolDcd, 
That  the  Secretary  of  the  Treasury  forthwilh  give  public  notice  of  the  reimbursement  of  the  four  and  a  half 
stock,  tor  the  first  day  of  Oct()bcr  next,  and  of  the  eight  percent,  stock,  for  the  first  day  of  January,  1809. 
'hat  the  sum,  which,  after  making  the  current  payments  for  the  years  1807  and  1808,  and   after  reimburs- 
ing the  four  and  a  half  per  cent,  stock,  as  aforesaid,  shall  remain  to  complete  the  annual  appropriation  of  eight  mil- 
lions for  those  two  years,  be  applied,  the  President  of  the   United  States  assenting  thereto,  to  the  purchase  of 
the  eight  per  cent,  stock,  and  of  the  six  per  cent,  stock,  which  may  be  created  by  subscriptions  made  uncler  the 
provisions  of  the  act  mentioned  in  the  preceding  report,  not  exceeding  for  either  the  rates  fixed  by  law. 

3d.  That  such  of  the  cashiers  of  the  Bank  of  the  United  States,  and  ol  its  offices  of  discount  and  deposite,  as  the 
Secretary  of  the  Treasury  shall  designate  for  that  purpose,  be  the  agents,  under  the  superintendence  of  the  said  Se- 
cretary, tor  making  the  said  purchases;  that  the  said  purchases  be  made  at  private  sale:  but  that  the  names  of  the 
agents,  and  the  prices  given  for  the  stock,  or  stocks,  be  published. 

4th.  That  John  H.  Purviance  be  appointed  agent  in  London,  and  John  B.  Rittenhouse  be  appointed  agent  in 
Amsterdam,  to  perform  the  duties  prescribed  by  the  acts  above  mentioned. 

JAMES  MADISON,  Secretary  of  Slate. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
C.  A.  RODNEY,  .Attorney  General'. 

Attest,  Edward  Jones,  Secretary  to  the  Commissioners  of  the  Sinking  Fund. 


10th  Congress.]  No.  280.  [1st  Session. 


REMISSION    OF   DUTIES. 

COMMUNICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,    MARCH    9,    1808. 

Mr.  Newton,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Samuel 
Miller,  of  Wiscasset,  in  the  District  of  Maine,  in  the  State  of  Massachusetts,  in  behalf  of  himself  and  others,  made 
the  ibl lowing  report: 

The  petitioners  state  that  they  imported  from  Liverpool,  in  the  ship  Golden  Rule,  9,464|  bushels  of  salt. 
They  also  state,  that  the  ship  arrived  at  quarantine  ground,  near  the  harbor  of  Boston,  on  the  29th  day  of  June,  1807; 
on  the  2d  of  July  following,  she  entered  the  harbor  of  Boston,  and  on  the  next  day  entry  was  made  of  her  cargo  at 
the  custom  house.  The  petitioners  complain,  that  the  collector  compelled  them  to  bondi  the  duties  on  the  salt,  at 
twenty  cents  per  bushel,  when  the  law.  at  the  time  the  entry  was  made,  authorized  the  exaction  of  not  more  than 
twelve  cents  per  bushel.  The  petitioners  pray  that  Congress  will  interpose  their  powers,  and  direct  a  remission  of 
eight  cents  per  bushel,  which  has  been  illegally  demanded  by  the  collector. 

The  cimimittee  are  of  opinion  that  the  case  which  the  petitioner  presents  comes  properly  under  the  cognizance 
of  the  judiciary.  The  bonds  given  to  secure  the  duties  on  the  salt  are  not,  as  yet,  due.  The  petitioners  have  it  in 
their  power  to  raise  a  question  for  legal  decision,  by  making  a  tender  of  the  sum  which  they  think  is  legally  due, 
and  by  withholding  the  payment  of  that  which  appears  to  them  to  be  illegally  demanded.  The  committee  are  there- 
fore of  opinion  that  the  case  of  the  petitioners  is  not  entitled  to  the  interposition  of  the  extraordinary  powers  of 
Congress. 

The  committee  recommend  the  adoption  of  the  following  resolution: 

Resolved.  That  the  petitioners  have  leave  to  withdraw  their  petition. 


10th  Congress.]  ■      .    .  ]^o.   281.  [1st Session. 


CONFLICTING    CLAIMS    UNDER   THE    CONVENTION    WITH    FRANCE,   OF 

THE    30th    APRIL,  1803. 

'  COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  APRIL  5,   1808. 

Treasury  Department,  March  6th,  1808. 
Sir: 

I  had  the  honor  to  receive  your  letter  of  the  4th  instant,  respecting  the  bills  drawn  in  favor  of  Denton,  Hall, 
and  Nathan  brothers. 

I  think  that  it  would  be  very  difficult  for  Congress  to  investigate  the  claims  of  the  several  parties;  nor  does  it 
seem  proper  to  give  the  authority  to  the  accounting  officers.  It  is  their  province  to  settle  accounts  between  the 
United  States  and  individuals,  but  not  to  decide  on  the  conflicting  claims  of  individuals,  in  cases  where  the  United 
States  have  no  immediate  concern.  I  coincide,  therefore,  fully,  in  your  opinion,  of  placing  the  money  in  such  a 
manner  that  the  claims  may  be  decided  by  a  court  of  justice;  and  I  presume  that  nothing  more  is  necessary  than  to 
direct  the  treasury  to  pay  the  amount  to  the  Bank  of  the  United  States,  to  be  subject  there  to  the  decision  of  the 
district  or  circuit  court  of  the  United  States  for  that  district  where  Mr.  Hall  (die  only  person  'named  in  the  bills 
who  resides  in  America)  now  resides. 

If  that  mode  be  adopted,  it  would  be  desirable  that  it  should  be  extended  to  the  bills  in  the  name  of  Joseph 
Sands,  also  deposited  in  the  treasury,  and  mentioned  in  Mr.  MoUien's  letter.     This  case  is  at  least  as  complex  as 


^^34  FINANCE.  [1808. 


that  of  Denfon,  Halt,  and  Natliun,  ami  there  are  no  others  of  that  description-  I  enclose  the  copy  of  a  letter  from 
Denton  to  Mr.  Hall,  coinmtinicated  this  day  to  me,  and  from  which  it  would  appear  that  Denton  revokes  Mr. 
Wellman's  power,  and  appoints  Mr.  Hall,  his  attorney. 

I  am,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  David  Holmes,  Chairman  of  the  Committee  of  Claims. 


'" ' Treasury  Depart.hent, /'cirwory  18///,  1808. 

The  Secretary  of  the  Treasury,  to  whom  was  referred  the  petition  of  Timothy  Wellman,  Jr.  respectfully  reports— 

That,  previous  to  the  year  1800,  Christopher  Denton,  Edward  Hall,  and  Nathan  brothers,  had  furnished  sup- 
plies to  the  colonial  Government  of  St.  Domingo,  and  had  received  as  an  acknowledgment  of  tiie  debt,  thereby  con- 
tracted, certain  documents,  called  ordonnanccs.  which,  though  not  punctually  paid,  were  proper  evidences  in  sup- 
port of  <me  of  those  claims  against  the  French  Government,  the  payment  of  which  was  assumed  by  the  United  States, 
under  the  "  Louisiana  convention." 

That,  although  it  iloes  not  appear  that  the  abovementioned  persons  were  co- partners  in  trade,  yet,  each  party  did 
not  receive  ordonnances  in  his  own  name  for  his  share  of  the  supplies;  but  those  papeis  v/ere  issued  promiscuously, 
sometimes  in  the  name  of  one  of  the  parties,  and  sometimes  in  the  joint  names  of  two  or  more  of  them. 

That  the  said  Denton,  Hall,  and  Nathan  brothers,  appear  to  have  afterwards  (livided  the  said  ordonnances 
amongst  themselves,  according  to  their  respective  proportion  of  supplies,  but  still  without  regard  to  the  names  in- 
seitecf  in  the  body  of  the  ordoimances;  nor  did  they  at  the  time  make  any  reciprocal  assiginnents  so  as  to  enable  each 
to  leceive  his  share  in  his  own  name. 

That  what  ordonnances  fell  to  the  share  of  Nathan  brothers,  is  not  known,  their  claim  not  having  been  liquidated 
under  the  Louisiana  convention,  owing,  as  it  is  said,  to  a  failure  on  their  part,  in  presenting  the  claim,  within  the 
limited  time,  to  the  proper  ofbcer  at  Paris. 

That  the  ordonnances  which  fell  to  Edward  Hall's  share,  being  partly  in  his  own,  and  partly  in  Denton's  name, 
the  claim,  though  presented  by  the  said  Hall's  sole  agent,  was  liquidated  by  the  French  Government,  in  the  joint 
name  of  Hall  and  Denton,  and  bills,  amounting  to  138,478  93-100  francs,  were  accordingly  drawn,  under  the  Louisi- 
ana convention,  by  the  minister  of  the  United  States  at  Paris,  on  the  treasury  of  the  United  States,  in  favor  of  Hall 
and  Denton;  the  payment  of  which  bills  was  necessarily  suspended  at  the  treasury,  untill  Mr.  Hall  had  procured 
from  Denton,  an  authority  to  receive  payment,  copy  of  which.  A,  is  hereto  annexed;  which  being  produced,  the  bills 
were,  in  October  last,  paid  to  the  said  Hall. 

And  that  the  ordonnances  which  fell  to  Denton's  share,  being  partly  in  his  own,  p-irtly  in  Denton's,  and  partly  in 
Nathan  brothers'  name;  the  claim,  though  presented  by  the  agent  of  Timothy  Wellman,  Jr.  attorney  in  fact  for 
Denton,  was  liquidated  by  the  French  Government  in  tlie  joint  name  of  Denton,  Hall,  and  Nathan  brothers;  and 
bills  in  their  jomt  name,  and  amounting  to  150,117  francs  and  4  centimes,  were  accordingly  drawn  by  the  minister 
of  the  United  States  at  Paris,  on  the  treasury  of  the  United  States;  and,  by  agreement  between  him  and  the  minister 
of  the  French  public  treasury,  transmitted  to  the  treasury  of  the  United  States,  in  order  that  the  rights  of  the  parties 
interested  might  be  there  ascertained  before  payment.  A  copy  of  the  bills,  of  Mr.  Armstrong's  letter  of  advice,  and 
of  Mr.  Mollien's  (the  minister  of  the  French  public  treasury)  letter  and  observations,  marked  B,  is  hereunto  an- 
nexed. 

Timothy  Wellman,  Jr.  claims  payment  of  those  bills,  (which  are  still  deposited  in  the  treasury)  by  virtue  of  a 
power  of  attorney  I'rom  Christopher  Denton,  copy  of  which,  marked  C,  is  annexed,  and  which  is  considered 'at  the 
treasury  sufficient  to  authorixe  liim  to  receive  payment,  provided  that  the  bills  can  be  considered  as  Denton's  sole 
property. 

Edward  Hall,  by  an  affidavit  dated  3d  July,  1805,  copy  of  which,  marked  D,  is  annexed,  has  stated  that  the  or- 
donnances then  in  the  hands  of  said  Denton,  or  of  said  Wellman,  or  of  his  agent  in  Paris,  were  the  sole  property  of 
the  said  Denton,  although  made  ])ayable  to  Nathan  brothers,  or  to  Denton  and  Hall,  and  that  neither  the  Nathans, 
nor  he  the  said  Hall,  has  any  light,  title,  or  interest,  therein.  That  affidavit  is  considered  at  the  treasury  as  suffi- 
cient and  conclusive  authority  to  pay  to  Denton,  or  to  his  attorney,  Wellman,  the  above  stated  bills,  so  far  as  relates 
to  any  claim  on  the  part  of  Hall,  and  notwithstanding  the  insertion  of  his  name  in  the  body  of  the  bills.  Mr.  Hall 
has,  however,  by  letters  dated  in  November,  180(;,  and  April,  1807,  copy  of  which,  marked  E,  is  annexed,  requested 
that  the  bills  should  not  be  paid  without  his  approbation.  But  this  application  being  founded  on  an  alleged  debt 
from  Denton  to  him,  cannot  att'ect  the  property  of  Denton  in  these  bdls,  as  acknowledged  by  himself;  and  those 
which  were  Hall's  property,  having,  as  above  stated,  been  actually  paid  to  him,  though  drawn  in  his  and  Denton's 
name,  there  would  be  no  hesitation  in  paying  immediately  to  Mr.  Wellman,  as  attorney  of  Denton,  the  bills  now  in 
the  treasury,  had  they  been  drawn  in  the  name  of  Denton  and  Hall  alone. 

But  the  difficulty  which  has  prevented  the  payment,  is  the  insertion  of  the  name  of  Nathan  brothers  in  the  body 
of  the  bills:  for,  although  it  is  believed,  from  all  the  circumstances  of  the  case,  that  they  are  truly  the  exclusive 
property  of  Denton,  yet  the  only  legal  evidence  that  Nathan  brothers  have  no  claim  or  interest  in  them,  being  the 
abovementioned  atlidavit  of  Edward  Hall,  this,  although  sufficient  against  himself,  has  not  been  considered,  either 
by  the  French  Government,  or  at  the  treasury  of  the  United  States,  as  conclusive  evidence  against  Nathan  brothers. 
And  the  Secretary  of  the  Treasury  being  directed  by  the  act  of  the  10th  November,  1803,  to  pay  the  amount  of  the 
claims,  the  payment  of  which  have  been  assumed  by  the  Louisiana  convention,  on  the  orders  of  the  minister  of  the 
United  States  at  Paris,  he  has  not  thought  himself  authorizetl  to  deviate  from  the  tenor  of  such  orders  (or  bills)  by 
paying  their  amount  without  an  endorsement,  authority,  or  release,  from  the  persons  in  whose  favor  they  were  drawn; 
and  although  Nathan  brothers  have  never  claimed  payment  of  these  bills,  yet  no  permission  or  release  has  been  ob- 
tained from  them. 

As  it  was  expressly  provided,  by  the  Louisiana  convention,  that  the  said  claims  should  he  paid  by  the  United 
States,  on  the  orders  drawn  by  their  minister  at  Paris,  and  that,  in  each  litigated  claim,  the  French  Government 
should  decide  definitively;  and  as  the  name  of  Nathan  brothers  was  inserted  in  the  said  orders  or  bills,  in  conformity 
with  the  liquidation  made  by  the  French  Government,  the  authority  of  Congresh  to  interfere  in  favor  of  the  peti- 
tioner, so  as  to  authorize  payment  without  the  endorsement  or  release  of  the  said  Nathan  brothers,  is  derived  irom 
the  transmission  of  the  bills  to  the  treasury  assented  to  by  the  French  Governmerit,  and  with  the  intention,  as  ex- 
pressed in  Mr.  Mollien's  letter,  that  the  rights  of  the  persons  interested  should  there  be  ascertained. 

It  only  remains  for  the  Legislature  to  decide,  whether  the  i'acts  admitted  in  Mr.  Mollien's  observations,  and 
those  stated  in  Edward  Hall's  affidavit,  be  sufficient  to  direct  that  payment  should  be  made  in  whole  or  in  pait  to 
Denton's  attorney,  notwithstanding  the  insertion  of  Nathan  brothers'  name  in  the  bills.  But  it  is  respectfully  sug- 
gested that,  if  that  course  shall  be  adopted,  it  will  be  proper  to  require  the  petitioner  to  give  a  Ijonil  of  indemnity, 
with  sureties,  for  the  whole  of  what  he  may  receive:  for  there  are  no  means  of  ascertaining  the  portion  of  the  ]i\\U 
which  may  be  claimed  by  Nathan  brothers,  if  such  claim  should  ever  hereafter  be  set  up  by  them. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 
;|   The  Hon.  the  Speaker  of  the  House  qf  Representatives. 


4 


1808.]  CLAIMS    UNDER   THE    FRENCH    CONVENTION. 


285 


COPY  OF  BILLS. 
No.  1017.    Exchange  for  37,500  francs. 

F^ARis,  '2(1  January,  1807. 
Pay.  on  demand,  this  my  first  of  exchange,  (second  and  third  of  the  same  termor  and  date  unpaid)  to  the  order  of 
Nathan  freres,  Denton,  and  Hall,  (in  pursuance  of  a  liquidation  by  the  Government  of  France,  in  this  case  provid- 
ed, by  the  convention  between  the  United  States  and  France,  of  the  30th  April,  1803,  the  loth  of  Floreal,  year  11) 
thirty-seven  thousand  five  hundred  francs.  Per  advice  from  the  undersigned  minister  plenipotentiary  of  the 
United  States. 

rr.     ,    rr.  ^  ,    rr  .    ,  c  ,r.    ,  JOHN  ARMSTRONG. 

Jo  the  I  reamrer  oj  the  Lnitea  States,  lyasinngton. 


No.  1018.    Same  tenor  and  date,  except  payable  at  thirty  days. 
No.  1019.    Same  tenor  and  date,  except  payable  at  sixty  days. 

No.   10-20.    Same  tenor  and  date,  except  payable  at  ninety  days,  and  is  for  thirty-seven  thousand  six  hundred 
and  seventeen  francs  four  centimes. 

Paris,  2d  January,  1807. 
Sir: 

I  have  this  day  drawn  on  you,  in  favor  of  Nathan  freres,  Denton,  and  Hall,  (in  pursuance  of  a  liquidation  by 
the  Government  of  France,  in  this  case  provided  by  the  convention  between  the  United  States  and  France,  of  the 
3Cth  of  April.  1803,  the  10th  of  Floreal.  j^ear  11)  for  the  following  sums,  viz: 
No.  1017.    37.500.     Thirty-seven  thousand  five  hundred  francs,  at  sight. 
No.  1018.    37,500.     Thirty-seven  thousand  five  hundred  francs,  at  thirty  days. 
No.   1019.    37.500.     Thirty-seven  thousand  five  hundred  francs,  at  sixty  days. 
No.  10-20.    37,617.4.    Thirty-seven  thousand  six  hundred  and  seventeen  francs,  at  ninety  days. 

JOHN  ARMSTRONG, 

-Minister  Plenipotentiary  of  the  United  States. 
To  the  Treasurer  of  the  United  States,  Washington, 

See  the  papers  appended.  j_   t^ 


[translation.] 

Paris,  31s/  December,  1806. 
I  have  the  honor  to  transmit  you.  sir.  the  account  in  which  are  included  the  two  payments  to  be  effected;  one 
of  the  liquidation  made  in  favor  of  Nathan  brothers.  Denton,  and  Hal!.:  the  other,  of  the  balance  of  the  liquidation 
in  favor  of  Joseph  Sands.  These  payments  will  be  made,  as  your  excellency  has  proposed  in  your  two  last  notes 
of  the  '20th  and  ■24th  of  this  month,  upon  the  acquittances  of  Mr.  Warden,  designated  by  you  to  give  them  to  the 
public  treasui-y;  the  drafts  for  the  payment  of  these  two  liquidations  being  afterwards  transmitted  to  the  treasury 
of  the  United  States,  the  rights  of  the  persons  interested  will  there  be  easily  ascertained.  I  annex  to  the  account 
some  observations  relating  to  the  liquidation  of  Nathan  brothers,  Denton,  and  Hall:  they  may  be  useful  for  the  illus- 
tration of  this  business. 

I  pray  your  excellency  to  accept  the  assurance  of  my  high  consideration. 

MOLLIEN. 

To  General  Armstrong,  &c. 


Observations  upon  the  liquidation  made  in  favor  of  Nathan  brothers,  Denton,  and  Hall. 

The  documents  for  this  liquidation  have  been  produced  by  Mr.  Skipwith.  who  presented  them  in  the  name  of 
Timothy  Wellman,  Jr.  as  transferree  of  Christopher  Denton,  of  Baltimore. 

These  documents  consist  of  ordonnances  delivered  at  St.  Domingo,  in  the  joint  names  of  Nathan  brothers,  Den- 
ton, and  Hall.  The  transfer  to  Wellman  was  not  establisiied.  neither  was  the  exclusive  property  of  Denton  prov- 
ed. The  liquidation,  therefore,  ought  to  be  made,  as  it  has  been  made,  in  favor  of  ail  those  who  were  designated  in 
the  original  documents,  Nathan  brothers,  Denton,  and  Hall 

Another  liquidation  had  been  made  in  the  name  of  Denton  and  Hall.,  for  I3i,33l  61-100  francs.  Mr.  O'Mealy 
claimed  it.  in  beiialf  of  Edward  Hall,  wiiose  powers  he  held.  This  payment  was  made  to  him  in  bills,  to  the  order 
<if  Denton  anil  Hall,  under  the  Nos.  442,  443.  444,  and  445,  and  under  assurances  from  his  excellency  the  minister 
pieiiinntentiary  of  the  United  States,  that  he  would  transmit  the  bills  to  the  treasury  of  the  United  States. 

Ml.  Skip'.vith  has.  also,  claimed  payment  of  the  liquitlation  made  in  the  name  of  Nathan  brothers.  Denton,  and 
Hal!.  But  '!ie-v  is  this  dift'eience  between  Mr.  Skipwith  and  Mr.  O'Mealy.  that  the  latter  had  at  least  a  regular 
power  from  Edward  Hall,  while  Mr.  Skipwith  does  not  ofti?r  such  a  one  on  the  part  of  Denton,  nor  of  Wellman. 

However,  General  Armstrong  having  authorized  Mr.  Warden  to  give  an  acquittance  for  this  liquidation,  and  to 
transmit  the  bills  which  may  be  drawn,  U)  the  treasury  of  the  United  States,  the  payment  is  effected  in  bills  drawn  in 
the  joint  names  of  Nathan  brothers.  Denton,  and  Hall,  in  tiie  same  manner  as  the  liquidation  was  made. 

It  appears  that  Nathan  brothers.  Denton,  and  Hall,  have  transacted  business  together,  at  St.  Domingo:  that  they 
afterwards  divided  tietween  themselves  the  ordonnances  which  belonged  to  them  jointly:  those  which  tell  to  Half. 
were  iii  the  name  of  Denton  and  Hall,  and  tliey  have  been  liquidated  in  their  joint  names. 

The  treasury  of  the  United  States  has  refused  to  pay.  upon  the  acquittance  of  Hall  alone,  the  bills  drawn  in  his 
name,  and  that  of  Denton.  The  acquittance  of  Denton  has  been  required,  or  his  declaration  that  he  had  no  preten- 
sions to  the  bills.  Edward  Hall,  by  an  act  executed  on  the  23d  of  July.  1805.  before  John  Gill,  notary  at  Baltimore, 
has  declared,  that  the  ordonnances  belonging  in  common  to  Nathan  and  Denton,  have  been  divided  between  them: 
that  he.  Hall,  nor  Donata  Nathan,  nor  Joseph  Nathan,  have  any  pretensions  to  the  ordonnances  which  are  in  the 
hands  of  Christopher  Denton,  or  of  captain  Timothy  Wellman,  Jr.  or  of  his  agent  at  Paris;  that  these  ordonnances 
are  the  property  of  the  said  Denton,  alone,  although  payable  to  Nathan  brotliers,  Denton,  and  Hall.  This  declaia- 
tion  was  fully  sufficient  no  longer  to  make  any  procuration  or  acquaintance  necessary  from  Hall,  for  the  payment 
of  the  150.117  4-100  francs;  but  it  was  not  available  as  to  the  interest  of  Nathan  brothers. 

On  the  other  hand.  Mr.  O'Mealy  has  presented,  in  the  name  of  Edward  Hall,  a  petition,  in  which  he  announces 
that  Denton,  now  in  England,  refuses  to  make,  in  favor  of  Hall,  the  same  declaration  that  Hall  has  made  for  him. 

He  complains  that,  in  this  way.  Denton  perpetuates  the  obstacle  which  prevents  the  payment  to  Hall,  of  the  bills 
drawn  in  their  name;  and  he  demands  that  the  payment  claimed  by  Denton,  or  in  his  name,  may  be  suspended,  un- 
til he  shall  fulfil  the  reciprocal  obligation,  which  Hall  has  already  performed,  by  the  act  of  July  23d.  1805. 

Finally,  one  of  the  Nathans,  now  in  Europe,  refuses,  it  is  said,  to  acknowledge  that  neither  he  or  his  brofiier 
have  any  pretensions  to  this  liquidation,  although  included  in  the  decree  which  has  fixed  it.  It  appears  that  the 
portion  of  the  ordonnances  which  fell  to  the  share  of  Natiian  brothers,  has  not  been  included  in  the  liquidation  of  the 
American  debts,  owing,  as  it  is  said,  to  the  circmstance,  that  the  bearer  of  their  papers  did  not  arrive  in  France 
til!  a  long  time  after  the  operations  of  this  liquidation  v. ere  closed. 

These  observations,  and  the  further  informatim  which  the  parties  concerned  may  be  able  to  furnish,  n.ftijrd  the 
means  of  adjusting  their  respective  rights. 

37  tt  * 


286  ,,••>'•'<'/  FINANCE.  [1808. 

To  the  Congreas  of  the  United  States,  the  petition  of  Benjamin  Stoddert  and  John  Mason,  trustees  of  Francis 

Lewis  Taney,  respectfully  showeth: 

That  the  said  Taney,  formerly  a  merchant  in  Georgetown,  being  embarrassed  in  his  affairs,  in  consequence  of 
the  non-payment  of  large  sums  due  him  from  the  Government  of  France,  did,  on  the  29th  July,  1796,  convey  to  your 
petitioners,  in  trust,  for  the  benefit  of  his  creditors,  all  his  said  debts,  and  likewise  a  claim  on  Joseph  Sands,  an 
American  citizen,  then  resident  in  Paris. 

That  the  creditors  of  Taney  were  principally  those  who  had  endorsed  his  bills  and  notes,  or  had  become  his  bail 
in  suits  to  recover  money  borrowed,  to  enable  him  to  make  the  shipments  to  France,  from  which  his  claims,  thus 
transferred  to  his  trustees,  arose. 

That,  soon  after  executing  his  trust  deed,  the  said  Taney  embarked  for  France,  to  use  his  personal  influence  in 
adjusting  his  affairs:  for  he  calculated  on  a  considerable  surplus  after  paying  off" his  debts.  But  his  trustees  thought 
it  most  prudent  to  place  the  power  of  receiving  payment  in  other  hands,  and  accordingly  appointed  Mr.  Joseph  Fen- 
wick  their  attorney  for  this  purpose,  requesting  him,  however,  to  avail  himself  of  Mr.  Taney's  services  in  ascertain- 
ing the  sums  due. 

That,  about  the  year  1794,  said  Taney  contracted  with  the  officers  of  the  French  Government  for  the  delivery  of 
a  large  quantity  of  leather,  in  France,  and  took  into  partnership  with  him,  in  the  transaction.  Comfort  Sands,  of  New 
York,  and  a  Mr.  Waldo,  and  these  three  appointed  Josepn  Sands,  the  son  of  Comfort  Sands,  their  agent  in 
France  for  the  delivery  of  the  leather,  and  receipt  of  payment,  and  the  said  Comfort  Sands  advanced  to  Taney  a 
sum  of  money,  equal  probably  to  his  proportion  of  the  adventure. 

That  the  French  Government,  not  paying  for  the  leather  agreeable  to  contract,  Comfort  Sands  brought  suit  in 
Philadelphia,  where  Taney  happened  to  be,  for  the  recovery  of  the  money  he  had  advanced,  the  payment  of  which 
Taney  resisted,  on  the  ground  that  Sands  was  to  take  his  reimbursement,  in  the  hands  of  his  son,  out  of  the  money 
arising  from  the  leathei-.  Bail  was  procured  by  your  petitioners  and  others,  who  ultimately  had  to  pay  Comfort 
Sands,  on  the  suit,  upwards  of  eighteen  thousand  dollars. 

That,  in  the  mean  time,  Taney  had  come  to  a  settlement  at  Paiis,  with  Joseph  Sands,  by  arbitration,  and  it  was 
awarded  and  acknowledged  by  Sands,  on  the  19th  August,  17!t7,  that  there  remained  in  his  hands,  flue  to  Taney, 
31,G16  livres,  3  sous,  5  deniers,  to  be  paid  in  specie;  39,458  livres  4  9  in  Government  protested  bills,  and  livres 
86,71)1  10  5,  payable  in  the  debt  due  from  the  French  Government,  and  standing  on  the  Government  books  in  the 
name  of  Joseph  Sands. 

A  transfer  was  not  made  at  the  time  of  the  debt,  because  (as  it  is  presumed)  on  all  such  transfers  about  5  per 
cent,  on  the  amount  was  required  to  be  paid  in  specie  to  the  officeis  of  the  Government,  and  at  this  period,  5  per 
cent,  in  specie  amounted  to  as  much  as  the  maket  value  of  the  debt. 

That,  under  the  I^ouisiana  convention,  there  was  liquidated,  in  the  name  of  Joseph  Sands,  upwards  of  500,000 
francs,  no  part  of  which  was  due  to  himself,  as  he  was  the  mere  agent  of  others,  as  is  acknowledged  by  himself,  by 
accounts  in  the  Treasury  Department. 

That  bills  have  been  paid  at  the  treasury,  drawn  by  our  minister  at  Paris,  for  all  of  the  debt  in  Joseph  Sands' 
name,  except  for  about  1 19,854  livres,  which  is  about  the  amount  of  the  livres  86,761  14  5,  Taney's  part  of  the  debt 
on  the  Government  books,  in  Sands'  name,  with  the  interest  allowed  on  settlement  under  the  Louisiana  convention. 

That,  on  the  suggestion  of  Mr.  Fenwick,  the  attorney  of  the  trustees,  as  he  informs  them,  the  truth  of  which  is 
confirmed  in  a  letter  from  Mr.  M'Pherson  at  Paris,  the  attorney  of  Sands,  to  the  Secretary  of  the  Treasury,  Gene- 
ral Armstrong  has  sent  bills  for  119,854  trancs,  drawn  in  the  name  of  Joseph  Sands,  to  our  treasury,  for  the  right- 
ful owners. 

That  your  petitioners  entertain  no  doubt  of  being  able  to  prove,  before  any  competent  tribunal,  that  they  are  the 
righU'ul  owners.  That  the  plea  set  up  by  Joseph  Sands  against  their  claim,  to  wit:  that,  in  1798,  he  transferred  to 
James  Swan,  on  Taney's  order,  the  sum  due  to  Taney,  but  in  fact  due  to  the  trustees,  is  fallacious.  That  the  said 
Swan  knew  at  the  time,  and  more  than  a  year  before,  that  Taney  had  no  control  over  the  debt,  and  that,  so  early 
as  the  1st  of  August,  1797,  several  months  before  the  pretended  transfer  to  Swan,  Joseph  Sands  must  also  have 
known  it,  if  neither  from  his  lather,  Taney  himself,  nor  from  Fenwick,  the  attorney  of  the  trustees,  from  the  cir- 
cumstance of  the  deed  itself  from  Taney,  to  his  trustees,  having  been  filed  in  the  office  of  the  American  consul  ge- 
neral at  Paris,  for  the  information  of  all  concerned.  But,  in  truth,  illegal  and  impotent  as  such  a  transfer  from 
Sands  to  Swan,  on  Taney's  authority,  in  1798,  must  appear,  had  such  transfer  been  really  made,  your  petitioners 
have  no  doubt  of  being  able  to  ascertain,  if  needful,  that  no  such  transfer  was  made,  and  that  the  whole  debt,  as 
standing  on  the  French  Government  books,  as  due  to  Joseph  Sands,  in  1797,  when  the  settlement  was  made  with 
Taney,  actually  remained  due  until  the  final  adjustment,  under  the  Louisiana  convention.  It  is  a  circumstance 
conclusive  against  the  said  Swan,  in  this  pretended  transaction,  to  deprive  your  petitioners,  and  the  creditors  of 
Taney,  of  theii-  just  claim,  that,  in  1804,  he  exhibited  against  Taney,  before  the  commissioners  under  the  Louisiana 
convention,  an  account  commencing  before  1796,  for  a  large  sum,  and  actunlly  got  paid  by  bills  drawn  by  our  minis- 
ter in  favor  of  the  cashier  of  the  French  Government,  out  of  a  debt  liquidated  under  the  convention,  due  to  Taney, 
in  which  account,  thus  exhibited  by  Swan,  no  credit  is  given  for  any  transfer  of  debt  by  Joseph  Sands,  as  will  ap- 
pear by  reference  to  a  true  copy  of  the  account  in  the  Treasury  Department. 

Wherefore,  your  petiticmers  respectfully  pray,  that  Congress  may  be  pleased  to  take  such  order  in  the  business 
as  ill  their  wisdomlthey  may  deem  most  proper  to  procure  a  due  investigation  of  the  case,  and  to  ensure  justice  to  the 
parties. 

-Ind  your  petitioners  will,  as  in  duty  bound,  ever  pray,  &c. 

BENJAMIN  STODDERT, 
JOHN  MASON. 
3/rtrf/{  8,  1808. 


1808.] 


PUBLIC    DEBT. 


287 


lOth  Congress.  ] 


No.  282. 


[1st  Session. 


Sir: 


PUBLIC   DEBT. 

COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    APRIL    14,    1808. 

Treasury  Department,  Jipril  9,  1808. 


I  have  the  honor  to  transmit  a  statement  of  the  public  debt  on  the  1st  days  of  January,  1791,  to  1807,  respec- 
tively,Uogetlier  with  sundry  explanatorystatements  and  notes,  prepared  in  pursuance  of  the  resolution  of  the  House 
•of  Representatives,  of  the  8th  of  .lanuary,  1807. 

The  amount  of  the  public  debt  of  the  United  States,  unprovided  for,  on  the  days  abovementioned,  respectively, 
and  also  tlie  estimated  amount  of  tiie  said  debt  on  the  1st  day  of  January,  1808,  together  with  the  progress  and  de- 
crease of  the  same,  during  certain  periods,  will  appear  from  the  following  table: 


1st  January, 

1791, 

1793, 

1793, 

1794, 

1795, 

1796, 

1797, 

1798, 

1799, 

1800, 

1801, 

1802, 

1803. 

1804, 

1805, 

1806, 

1807, 

1808, 

Amount  of  debt. 


$75,169,974  21 
76,373,767  16 
77,587,997  93 
75,996,170  56 
78,149.937  83 
81,642,272  96 
80,934,023  54 
78,494,165  75 
77,399,909  35 
81,633,325  74 
82,000,167  36 
78,754,568  70 
74,731,922  85 
85,353,643  22 
80,534,058  65 
74,542,957  62 
67,731,645  62 
64,700,000  00 


Years. 


1803 
1804- 


Increase. 


$2,418,023  72 
5,646,102  40 

4,600,258  01 
10,621,720  37 


_ 


Decrease. 


1,591,827  37 


4,242,363  61 


7,268,244  51 


20,653,643  22 


During  the  first  ten  years  of  that  peri9d,  the  debt  has  increased  near  seven  millions  of  dollars.   It  has  been  dimi- 
nished more  than  seventeen  millions  during  the  last  seven  years. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

-r,,     TT         ^,     ,     c  .  ,     rr  .^  ALBERT  GALLATIN. 

Ihe  Honorable  the  Speaker  of  the  House  of  Representatives. 


288 


FINANCE. 


[1808. 


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FINANCE. 


[1808. 


B. 


i  Statement  exhibiting  the  additiom  and  payments  on  account  of  the  principal  of  the  public  debt  of  the  United 
States,  from  the  1st  January,  1791,  to  the  3lst  December,  1806. 

1.     Six  per  cent,  and  deferred  stocks. 


PAYMENTS  ON   ACCOUST  OF  PRINCIPAL. 

Stock  issued. 

Increase. 

Years. 

Ueimbursement. 

Paid  for  lands. 

Purchased,  paid 

Total. 

Decrease. 

unredeemed 

for  debts  and 

V 

amount. 

commutation, 
unredeemed 

. 

amount. 

1791 

698,121   98 

698,121 

98 

5,914,312  17 

5,216,190  19 

1792 

_ 

- 

277,266  50 

277,266 

50 

31,640,598   10 

31,363,331  60 

1793 

_ 

_ 

542,423   12 

542,423 

12 

610,122  07 

67,098  95 

1791 

\ 

- 

222,914   11 

222,914 

11 

4,138,361  88 

3,915,447  77 

1795 

519,856  23 

49,650  88 

569,507 

11 

137,157  59 

- 

432,349  52 

1796 

641,674  76 

- 

2,000  00 

643,674 

76 

140,150  77 

- 

503,523  99 

1797 

638,016  03 

2,729  83 

3,695  99 

644,441 

85 

17,749  06 

- 

626,692  79 

1798 

674,938  02 

5,120  49 

3,134  82 

683,193 

33 

60  84 

- 

683,132  49 

1799 

716,894  36 

1,963  25 

2,814  29 

721,671 

90 

- 

- 

721,671   90 

1800 

760,650  13 

6,087  49 

24,208  28 

790,945 

90 

- 

- 

790,945  90 

1801 

1,078,262  54 

15,213  40 

- 

1,093,475 

94 

- 

- 

1,093,475  94 

180-2 

1,145,782  87 

7,673  22 

- 

1,153,456 

09 

- 

- 

1,153,456  09 

1803 

1,215,591   70 

4,380  34 

- 

1,219,972 

04 

- 

- 

1,219,972  04 

1804 

1,292,934  28 

104  69 

- 

1,293,038 

97 

- 

- 

1,293,038  97 

1805 

1,369,059  73 

16,494  42 

- 

1,385.554 

15 

- 

- 

1,385,554  15 

1806 

1,451,512  30 

12,316  97 

17,517  01 

1,481,346 

88 

- 

- 

1,481,346  88 

Dolh. 

11,505,172  95 

72,084   10 

1,843,747  58 

13,421,004 

63 

42,598,512  48 

40,562,668  51 

11,385,160  66 

Statement  B. — Continued. 
II.     Three  per  cent,  slock. 


PAYMENTS   ON    ACCOUNT    01 

PRINCIPAL. 

Stock  issued. 

Increase. 

Years. 

Paid  for  lands. 

Purchased,  paid  for 

Total. 

Decrease. 

debts  and  commu- 

-.   1 

tation. 

1791 

262,234  92 

262,234  92 

3,183,288  68 

2,921,053  76 

1792 

- 

94,843  28 

94,843  28 

14,504,297  88 

14,409,454  60 

1793 

- 

135,208   14 

135,208   14 

360,004  33 

224,796  19 

1794 

_ 

43,987  46 

43,987  46 

963,968  90 

919,981  44 

1' 

1795 

- 

3,083  83 

3,083  83 

76,277  07 

73,193  24 

!i 

1796 

_ 

2,434  76 

2,434  76 

47,915  47 

45,480  72 

1797 

2,599  21 

619  65 

3,218  86 

7,468  48 

4,249  56 

1798 

_ 

_ 

.. 

12,824  29 

12,824  29 

1799 

_ 

-              .             - 

- 

49,780  59 

49,780  59 

1' 

1800 

_ 

440  24 

440  24 

7,616  73 

7,176  49 

1801 

5,088  90 

- 

5,088  90 

2,267  79 

. 

2,821   H 

1802 

2,128   10 

. 

2,128   10 

4,622  61 

2,494  51 

1803 

96  64 

- 

96  64 

497  06 

400  42 

li 

1804 

78  04 

- 

78  04 

333  63 

255  59 

1805 

47,177  36 

- 

47,177  36 

.      79  71 

-       »>    - 

47,097  65 

1806 

28,213  80 

- 

28,213  80 

93  09 

-             -             - 

28,120  71 

Dolls. 

«5,382  05 

542,852  28 

628,234  33 

19,221,336  26 

18,671,141  40 

78,039  47 

1808.] 


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1808.] 


PUBLIC    DEBT. 


295 


RECAPITULATION  OF  STATEMENT  B— UNFUNUEI)  DEBT. 

Unfunded  debt  on  1st  January,  1791,  as  per  statt'ineiit  A,     -  -  -  -  . 

Increase  to  \st  January,  1807,  as  per  I  his  statement,  viz. 


$61,081,020  !)9 


Funded — Interest  on  assumed  debt,      -  -  .  . 

ditto       on  States'  balances, 

Paid  in  specie — Interest  on  registered  debt  tor  1798, 
Ditto    on  foreign  officers'  debt, 
British  debt  by  0th  article  of  treaty  of  1794, 


$863,007  77 
562,813  14 

7,405  07 

22,438  04 

2,004,000  00 


1,425,881   21 


2,093,903  71 


Paid  or  funded  to  1st  January,  1807,  as  per  this  statement,  viz. 


4,119,784  93 
$65,201,411  91 


Funded — Loan  office,  final  settlement,  and  other  certificates. 

Registered  debt,         --.-.. 

States"  balances  and  interest. 

Assumed  debt,  including  interest,    -  -  - 

Paid  in  specie — Services  and  supplies,  prior  to  1789, 

Registered  debt,  part  of  principal  and  interest,  - 
Foreign  oflicers'  debt,- 

Br.tish  debt,  --...- 

Beaumarciiais'  claim,        -  .  .  . 

Loan  office,  final  settlement,  and  other  certificates. 


Unfunded  debt  on  1st  January,  1807,  as  per  statement  A, 


$29,202,090   19 

10,004,243  01 

4,221,100  80 

18,271,814  74 

274,371   50 

72,320  30 

192,430  05 

2,064,000  00 

41,119  75 

87,008  60 


01,819,848  74 


3,331,202  80 


05,151,111   54 
$50,300  37 


Statement  B — Continued. 
VI.    Louisiana  six  per  cent,  and  Jimerican  claims  assumed  by  the  Louisiana  Convention. 


Years. 


1803 
1805 
1806 


Total, 


Louisiana  six  per  cent,  incurred. 


$11,250,000 


$11,250,000 


American  claims  assumed,  &c. 


Assumed. 


$3,750,000 


$3,750,000 


Discharged. 


$1,692,586  62 
1,517,342  50 


$3,209,929   13 


GENERAL    RECAPITULATION 

Of  Payments  on  account  of,  and  of  Additions  to,  the  Public  Debt. 


In  relation  to  the  several  species  of  Debt. 

).  Commutation  of  debts  wliich  made  no  alteration  in  the  real  amount. 

Foreign  Debt,  viz: 

Balance  due  on  the  French  debt,  funded  at  5,i  and  4i  per  cent,   by  wliich  operation  those 
stocks  were  credited,  -  -  -  -  -  .  -        $2,024,900  00 

Unfunded  debt  on  1st  January,  1791,  which  was  funded  subsequent  to  that  day,  and  prior  to  the 
1st  January,  1807,  viz: 
The  total  amount  of  unfunded  debt,  funded  during  that  period,  amounted,  as  per  recapitula- 
tion of  No.  5  of  this  statement,  to  -  -  -  -  $01,819,848  74 
From  which  deduct  debts  which  had  accrued  subsequent  to  1st  January,  1791, 

and  included  in  that  sum,  and  amounting,  as  per  said  recapitulation,  to  1,425,881  21 

60,39.3.967  53 


$62,418,807  53 


2.  Actual  Payments. 

On  foreign  debt,  (deducting  55  and  4§  per  cent,  stocks) 
Six  per  cent,  and  deferred  stocks, 

Three  per  cent.  .  .  _  . 

Five  and  half  per  cent.        -  -  .  . 

Eight  per  cent.     -  -  -  -  - 

Navy  six  per  cent.  .  .  .  - 

Temporary  loans. 


$17,038,632  47 

13,421,004  63 

628,234  33 

1,848,900  00 

119,300  00 

711,700  00 

10,370,595  50 


Unfunded  debt,  including  the  American  claims  assumed  by  Louisiana  convention,    6,541, 191  92 


51,285,558  91 


«), 


296 


FINANCE. 


[1808. 


Debts  contracted. 

Foieian  debt,  viz: 
Dutch  loans.  - 
Interest  for  1791,  on  Spanish  debt, 


$8,262,000  00 
8.700  55 


Six  per  cent,  and  deferred,  being  two-thirds  of  the  interest  accrued  for  the  year 

1791,  on  the  assumed  debt,  and  funded  in  said  stocks. 
Three  per  cent,  viz: 

One-third  of  the  interest  accrued  for  1791,  on  the  assumed  debt,  and 

funded  in  said  stock,  -  .  -  .  287,689  26 

Interest  accrued  from  1791  to  1791  on  States'  balances,  and  funded  in 

said  stock,  ------     562,813  44 


8,270.700  55 
575,378  51 


Six  per  cent,  stock  credited  in  1796,    ----- 

Eight  per  cent,  stock.  ..-.-. 

Navy  six  per  cent,  stock,        -.-.-.. 
Temporary  loans,  -...-.. 

Unfunded  debt,  exclusive  of  American  claims  assumed  by  the  Louisiana  con- 
vention, -  -  -  -  -  -  -       2,693,903  71 

Debt  contracted  by  the  purchase  of  Louisiana,     -  -  -  -     15,000,000  00 


•      850,502  70 

80,000  00 

6,481,700  00 

711,700  00 

10.376.595  56 


II. 

By  years  exclusive  of  commutation. 


45,040,481  03 


Principal  of  the  debt  on  1st  January,  1791.  as  per  statement  A, 

Debts  contracted  from  1st  January.  1791,  to  1st  January,  1807,  as  per  above, 

Deduct  actual  payments  during  the  same  period,  as  per  aboAe, 

Principal  of  the  debt  on  January,  1807,  as  per  statement  A. 


$75,463,476  52 
45,040,481   03 

120,503,957  55 
51,285,558  91 

$69,218,398  64 


c. 

Stalemeni  of  the  provision  made  before  the  first  days  of  January,  of  the  years  1791 — 1807,  respectively,  for  the  pay- 
ment of  the  principal  of  the  public  debt,  paid  afterwards,  andfor  the  payment  of  interest  which  accrued  on  that 
debt  subsequent  to  such  days,  respectively. 


Provision  made  before  the  1st  January,  1791. 

Cash  in  the  hands  of  the  commissioners  at  Anistei'dam  on  the  31st  De- 
cember, 1790,  G.  1.115,751  10  8,  at  40  cents. 
Deduct  interest  which  accrued  on  the  Dutch  loans  to  31st  December,  1790,  and    paid  subsequent  to 
that  day,                   -...----- 


Provision  made  before  the  1st  January,  1792. 

Cash  in  the  hands  of  tliecommissiouers  at  Amsterdam,  on  the  31st 

December,  1791,         -----         0.2,874,652     400 
Ditto  in  the  hands  of  C.  J.  M.  De  Wolf,       -  -  -  717,765  17  14 


$446,300  63 

152.798  32 

$293,502  31 


3,592,418     1   14,  at  40  cents,      1,436,967  24 
Deduct  interest  accrued  on  31st  December,  1791,  and  paid  subseouent  to  tiiat  day,  viz: 

On  the  domestic  funded  debt,  -  .  -  -         $175,915  30 

Do  unfunded  debt,  .  -  -  .  158,803  59 

Dutch  Debt,  -  -  ...  -  245,623  67 

,  Bpaumarchais' claim,  one  year,  .  -  -  -  2,467  18 

582,809  74 


,157  50 


1808.1  PUBLIC    DEBT.  297 


Provision  made  before  the  l.st  Jamiary,  1793. 

1.  Cash  in  Hie  hands  of  the  comniissioners  at  Amstcrtlani  on   the 

31st  December,  179^,  -  -  .  .         f/.  l,8.'i-J,lrtr)  14.  al  10  cents.      $710,991  CR 

2.  Proceeds  of  5,000  shares  of  the  Bankof  the  United  States,  sold  in  179ii,  1797,  and  180:;^,  and  applied 

to  the  re(lein|)tion  of  (he  public  debt  and  (lo\iiestie  loans.         -  -  -  .  2,071,860  00 


Deduct  interest  accrued  to  31st  December,  I79-2,  and  paid  subsequent  to  (iiat  day,  vi/.: 

On  the  domestic  funded  debt,          .                -                -                .                .  $179.107  92 

Do.            uid'unded  debt,      -----  xh^wm  :,:\ 

Dutch  debt,        -------  31  1,S00  3.5 

Temporary  loans,              ----..  ioo,725  41 

Beaumarchais'  claim,  two  years,     -----  1,931  3G 


3,412,851  68 


618,218  57 


$2,764,036  11 


Provision  mode  before  ike  \sl  Jamtarn,  179!. 

1.  Cash  in  the  hands  (»f  the  connnissionersat  Amstei(lam,on  the  31st 

December,  1793,  -  -  -  -  -         G.  819,190     4  12 

Ditto  in  the  hands  of  C.  J.  M.  De  Wolf,         -  -  -  5,800  11     8 


821,990  16     4 
Ditto  transferred  in  1802,  from  Gov.  Morris'  account,  being  a  balance 
of  105,000  guilders,  remitted  for  paying  the  interest  on  the  debt  due 
foreign  ofticers,  -  -         '      ■  -  -  41,787  10     8 


866.778     6  12.  at  40  cents,      3t(;,71I   33 

2.  Remittances  paid  at  the  treasury  before  31st  December,    1793,  cre- 

dited by  the  conunissioners  in  1794,  -  -  G.  100,000  00  00,  at  40  cents,        40,000  00 

3.  Proceeds  of  5,000  bank  shares,  as  above,  -....--     2,671,860  00 


Deduct  interest  accrued  to  31st  December,  1793,  and  paid  subsequent  to  that  day: 

On  the  domestic  funded  debt,                -                -                -                .  43,334  31 

Do.              unfunded  debt,           -                -                .                -  22,020  93 

Dutch  debt,               -                 -                 _                 -                 -                 _  326,275  GO 

Temporary  loans,    ------  228, .'^05  33 

Beaumarchais' claim,  three  years,         .               -               .               -  7,401  55 


3,058,571  33 


627,337  12 
$2,431,234  21 


Provision  made  before  the  first  January.  1795. 

1.  Cash  in  the  hands  of  the  commissioners  at  Amsterdam,  on  the  31st 

Decembei-,  1794,          -                 -                 -                 -                 -  G.  957,500  10  12 

Ditto  in  the  hands  of  C.  . I.  M.  De  Wolf,       ■                -                -  444     5     0 

Ditto  transferred  in  1802,  from  Gov.  Morris'  account,  as  above.  41,787  10    8 


999,732     6     4,  at  40  cents,      399,892  92 

2.  Proceeds  of  5, 000  bank  shares,  as  above,  ---.._  2,671,86000 

3,  Excess  of  advances  to  commissioners  of  loans, on  account  of  intei-est  accruing  on  tiie  domestic  fund- 

ed debt,  beyond  the  amount  demandable,  -  -  -  -  -  14,713  92 

3,080,466  84 
Deduct  iriterest  accrued  to  31st  December,  1794,  and  paid  subsequent  to  that  day.  viz: 

On  the  domestic  unfunded  debt,  .  -  .  _  15,073  54 

Dutch  debt,  -  ••  -  -  -  -  374,608  34 

Temporary  loans,         ------  88.666  67 

Beaumarchais"  claim,  four  years,  -  -  .  ..  9,868  73 

488,817  28 


$2,597,649  56 

Provision  made  before  tlte  Is!  January.  1790. 

1.  Remittances  paid  at  the  treasury  in  1795,  for  the  payment  of  the  principal  and  interest  of  the  Dutch  debt    cre- 
dited by  the  commissioners  at  Amsterdam,  in  1790. 

Six  per  cent,  stock  puichased  of  tiie  Baiik  of  the  United  States,  and  remitted  for  the  payment  of  the  orincipal 
and  interest  of  the  Dutch  debt,  in  1795.  "  ' 

$040,000  six  per  cent,  stock  produced,  -  Guilders.  1,330,268  7 

Whereof,  credited  in  1795,      -  -  -  -  1,058,043  5 

272,225  2 
,  .  At  40  cents,       $108,890  04 

Payments  made  at  the  freasuiy  in  1795,   for  shipments  credited  in  1796,      -  127  500  00 


236,390  04 


2.  Six  per  cent,  stock, afterwards  transferred  to  the  commissioners  of  the  sinking  fund. 
The  whole  amount  of  six  per  cent,  stock,  purchased  for  remittance,  was     000,000 
Whereof  was  sold,  -  -  -  -  -  -  -  640,000 

The  residue  was  returned  to  the  treasury,  and  credited  the  commission- 
ers of  the  sinking  fund,  in  first  quarter  of  1800,      -----      20,00000 

3.  Pioceeds  of  5,000  bank  shares,  ------  2,671,860  00 


2.928,250  04 


298  FINANCE.  [1808. 

Deduct  balances  due  the  commissioners  of  Dutch  loans,  at  Amster- 
dam, -.--.-      Guilders,  608,596  13  12 
Do.  do.  at  Antwerp,  2,873    8    6 


611,470    2    2 
Deduct  amount  transferred  in  1802,  from  Governeur  Morris'  ac- 
count, as  above,         -...-.  41,787  10    8 


569,682  11   10 

At  40  cents,  227,873  03 

$2,700,377  01 

Deduct  interest  accrued  to  31st  December,  1795,  and  paid  subsequent  to  that  day,  viz: 

On  the  domestic  funded  debt,  .---.-.     47,847  28 

Do.  unfunded  debt,        -----..     21,019  71 

Dutch  debt,  ...-.-_..   362,941  67 

Temporary  loans,       ---.----.    136,333  34 

Beaumarchais'  claim,  five  years,      -------     12,335  90 

580,477  90 


$2,119,899   11 
Provision  made  before  the  1st  January,   1797. 

1.  Remittances  paid  at  the  treasury  before  31st  December,  1796,  credited  by  the  commissioners  in  1797. 

In  bills  of  exchange.  Guilders,      316,816  68,  at  40  cents,  $126,726  52 

£  sterling,      6,480         at  par,  28,800  00 


155,526  52 
In  shipments,      -------  28,260  00 


183,786  52 
Deduct  remittances  credited  by  the  commissioners  in  1796,  paid  at 

the  treasury  in  1797,  -----  37,141   17 


146,645  35 

2.  Six  per  cent,  stock,  afterwards  tiansferred  to  the  commissioners  of  the  sinking  fund,     20,000  00 

3.  Proceeds  of  2,840  bank  shares,  .......  1,591,86000 


Deduct  balances  to  the  commissioners  31st  December,  1796. 

At  Amsterdam,  -----         Guilders,  5,814  15  12 

At  Antwerp,  -  -  -  -  .  -  47,216  14     6 


1,758,505  35 


53,031    10     2 
Deduct  amount  transferred,  in    1802,  from  Governeur  Morris'  ac- 
count, as  above,         ------  41,787  10    8 


11,243  19  10 

At  40  cents,    4,497  59 


Deduct  interest,  accrued  to  3Ist  December,   1796,  and  paid  subsequent  to  that  day,  vi/,: 

On  the  domestic  funded  debt,  --....-  79,205  38 

Do.  unfunded  debt,         -  -  -  -  .  23,572  32 

Dutch  debt,  --------  362,941  67 

Temporary  loans,       -  -  -  -  -  ■•  -  -  143,029  50 

Beaumarchais' claim,  six  years,       ----..  14,803  10 


1,754,007  76 


623,551  97 


$1,130,455  79 

Provision  made  b^ore  the  1st  January,  1798. 

1.  Remittances  in  bills  of  exchange  paid  at  the  treasury,  in  1797,  credited  by  the  commissioners 
in  1798,  ----..  Guilders,  692,500  00 

Do.  in  shipments,  do.  -----  127,631   11 


820,131   11 
Deduct  remittances  credited  by  them  in  1797,  paid  at  the  treasury 

in  1798,  -----_.  125,054   10 


695,077  01 
-4t  40  cents,  278,030  82 

2.  Six  per  cent,  stock,  afterwards  transferred  to  the  commissioners  of  the  sinking  fund,      20,000  00 

3.  Proceeds  of  2,200  bank  shares,  ---..-  1,287,000  00 

4.  Excess  of  advances  to  commissioners  of  loans,  on  account  of  interest  accruing  on 

the  funded  debt,  to  31st  December,  1797,  beyond  the  amount  demandable,  4,871  35 

Deduct  balance  due  the  commissioners  at  Amsterdam,  31&t  De- 
cember, 1797,  -----      Guilders,  930,764   15  12 

Deduct  amount  transferred  in  1802,  from  Governeur  Morris'  ac- 
count, as  above,         ------  41,787  10    8 


888,977     5     4 

At  40  cents,  355,590  90 

$1,234,311  -37 


1808.]  PUBLIC    DEBT.  299 


Deduct  interest  accrued  to  31st  December,  1797.  and  paid  subsequent  to  that  day.  viz: 

On  the  domestic  unfunded  debt.        -  -  -  -  -  .  -  $21,631  80 

Dutch  debt,  ■----.-..    339,608  34 

Temporary  loans,       ---------     121,437  50 

Beaumarchais'  claim,  seven  years.  .---..      17.270  26 


499,947  90 

$734,363  37 

Provision  made  before  the  1st  January,  1799. 

I.  Amount  transferred,  in  1802,  from  Governeur  Morris'  account,  being  (he  balance  of  guilders,  105.000.  remitted 
for  the  payment  of  interest  on  the  debt  due  to  foreign  officers.        -        Guilders,  41.787  10    8 

Deduct  balance  due  the  commissioners  at  Amsterdam.  31st  Decem- 
ber, 1798,        ------       Guilders.  33.129  15     2 

Do.  to  C.  J.  M.  De  Wolf.  -  -  -  -  -  35  14    o 

33,165     9     2 


8,622     1     6 

At  40  cents.   3,448  83 

2.  Remittances  in  bills  of  exchange,  paid  at  the  treasury  in  1798.  credited  by  the  commissioners 

in  1799.  -  -        '  -  -  -  -  Guilders,  600,000,  at  40  cents.  240,000  00 

3.  Payments  at  the  treasury  before  31st  December,  1798,  for  remittances  which  have  been  protested 

for  non-payment,  and,  on  that  day,  not  repaid  into  the  treasury,  -  -  -  ..  11,100  00 

4.  Six  per  cent,  stock,  afterwards  transferred  to  the  commissioners  of  the  sinking  fund.  -  20,000  00 
.5.  Proceeds  of  2,200  bank  shares,               -....-.--              1,287,00000 


Deduct  interest  accrued  31st  December,  1798,  and  paid  subsequent  to  that  day,  viz: 

On  domestic  funded  debt,                 --..--  $65,525  88 

Do.          unfunded  debt.              -            -            .            -            .            .  22,050  09 

Dutch  debt.                --.--...  337,275  00 

Temporary  loans,      --------  108,200  00 

Beaumarchais'  claim,  eight  years,    -..----  19,737  44 


1,561,548  83 


552.788  41 


$1,008,760  42 


Provision  made  before  the  1st  Januai-y,  1800. 

3.  Cash  in  the  hands  of  the  commissioners  at  Amsterdam,  on  the  31st  Decem- 
ber, 1799,         -  -  -  -  -  -  -  -      Giiilders.  3n,62l     1   15 

Do.  transferred  from  the  account  of  Governeur  Morris.  -  -  -  41.787  10    8 


383,408  12     7 

At  40  cents,     153,363  45 
Remittances  paid  at  the  treasury  before  31st  December,  1799,  credited  by  the  com- 
missioners, in  1800,    -------      Guilders,  840,000 

Bills  of  exchange  paid  at  the  treasury  before  31st  December,  1799,  which,  having 
been  protested  for  non  payment,  were  replaced,  with  damages,  in  bills  credit- 
ed by  the  commissioners  in  1800,       ------  57,900 


897,900 

At  40  cents.     359,160  00 

3.  Payments  at  the  treasury  before  31st  December,  1799.  for  remittances,  which 
have  been  protested  for  non-payment,  and,  on  that  day.  not  repaid  into  the 
treasury.  .----..-      Guilders,  120,000 

At  40  cents.     48,000  00 

4.  Six  per  cent,  stock,  afterwards  transfei  red  to  the  commissioners  of  the  sinking  fund,  -  20,000  00 

5.  Proceeds  of  2,200  bank  shares,  -_-.---.  1,287,00000 


Deduct  interest,  accrued  to  31st  December.  1799.  and  paid  subsequent  to  that  day,  viz: 

On  the  domestic  funded  debt,  ------  $39,496  65 

Do.  unfunded  debt.        ------  22,045  23 

Dutch  debt, 332,608  34 

Temporary  loans,       -         "  -  -  -  -  -  -  -  108,200  00 

Beaumarchais'  claim,  nine  years,     ------  22,204  62 


1,867,523  45 


524,554  84 


$1,342,968  61 


Provision  made  before  the  1st  January,   1801. 

\.  Cash  in  the  hands  of  commissioners  at  Amsterdam,  on  3Ist  Dec.  1800, 

per  statements,  -  -  -  -         Guilders,  326,235     7     2 

Ditto  transferred  from  the  account  of  Governeur  Morris.  -  41,787  10     8 


368,022  17  10 
Deduct  balance  due  to  De  Wolf,  at  Antwerp.  -  -  387 


367,635  17   10.  at  40  cts.       $147,054  35 


300  FINANCE.  [1808. 

2.  Remittances  paid  at  the  treasury  before  the  31st  Dec.  1800,  credited  by 

the  commissioners  in  1801,  ....  G.  541,36216 

Deduct  remittances  credited  by  the  commissioners  in  1800,  but  not  paid 

at  the  treasury  till  1801,  -  -  -  .  249,936  12 


291,426   04,  at40cts.  $116,570  48 


3.  Payments  at  treasury,  before  31st  Dec.  1800,  for  remittances,  ^vhich  have  been  protested  for  non- 

payment, and  on  that  day  not  repaid  into  the  treasury,  ....  48,000  00 

311,624  83 

4.  Proceeds  of  2,200  shares  of  the  Bank  of  the  United  States,  -  -  .  .  1,287,600  00 


Deduct  interest  accrued  on  31st  Dec.  1800,  and  paid  subsequent  to  that  day,  viz: 

On  the  domestic  funded  debt,           .                .                .                .                .  $114,156  13 

Dutch  debt,         .......  316,941  66 

Temporary  loans,               -                -                -                -                -                -  96,200  00 

Registered  debt,  payable  by  Simpson,              _                .                .                .  9,371  75 

Beaumarchais"  claim,  ten  years,       -                .....  24,671  85 


1,599,224  83 


561,341  39 

$1,037,883  44 


Provision  made  before  the  Isl  January,  1802. 


Provision  as  per  statement  A,  of  report  of  commissioners  of  sinking  fund,  of  3d  Feb-  1804,      -  1,085,907  60 

Proceeds  of  bank  shares,  sold  in  1802,  and  applied  to  payment  of  debt,        -  -  -  1,287,600  00 


Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz:  ^^ 

On  Dutch  debt,                   ....                .                _  297,608  27 

Temporary  loans,              "       .         "               -               -               -               -  83,325  00 

Registered  debt,  payable  by  Simpson,              ....  7,371  75 

Beaumarchais'  claim,  eleven  years,                 ....  27,139  03 


$2,373,507  60 


415,444  05 


$1,958,063  55 


Provision  made  before  (he  Isl  January,  1803. 

Provision  as  per  statement  F,  of  report  of  commissioners  of  sinking  fund,  of  3d  Feb.  1804,  -  2,656,933  08 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,  ......  261,941  66 

Teniporaiy  loans,  -  -  -  -  -  -  38,750  00 

Registered  debt,  .....  3^871  75 

Beaumarchais'  claim,  twelve  years,  ....  29  606  22 

■ 334,169  63 

$2,322,763  45 


Provision  made  before  the  1st  Jamiary,  1804. 

Provision  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund,  of  Feb.  5,  1805,  .            1,349.136  51 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz:  ' 

On  Dutcii  debt,                    -                 .                 .                 -                 .                 .  184,178  27 

Tempoiary  loans,               -                -                -                .  '              .                ..  33,343  68 

Registered  debt,                ......  3  gyj  75 

Beaumarchais'  claim.         ......  32073  40 

Louisiana  stock,                 ■-....  22'l91  75 


275,658  85 
1,073,477  66 


Provision  made  before  the  1st  January,  1805. 

Provision  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund,  of  Feb.  5.  1806,  -  3,316,975  14 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  viz: 

On  Dutch  debt,  ......  137,36333 

Temporary  loans,  ......  25^607  62 

Registered  debt,  ......  3^871  75 

Beaumarchais' claim.         ......  3454059 

Louisiana  debt,  -  ,-  ...  .  .  337'500  00 

538,883  29 


1,778,091   85 


Provision  made  before  the  1st  January,  1806. 

Provision  as  per  statement  B,  of  report  of  commissioners  of  sinking  fund  of  Feb.  5.  1807,  -            1.617,475  89 

Deduct  interest  accrued  on  that  day,  and  paid  afterwaids,  viz: 

On  Dutch  debt,    -                -                -                .                .                ...  88,933  33 

Registered  debt,  -               -               -               .               .               .               .  3^871  75 

Beaumarchais'  claim,          -               -               .               .               _ .  j    ■      .  37  007  77 

Louisiana  debt,                   --....  337'350  00 


i"?' 


467,162  85 
$1,180,313  04 


1808.]  BANK    OF   THE   UNITED    STATES.  301 


Provision  made  before  the  \st  January,  1807. 

Provision  as  per  statement  B,  of  report  of  the  commissioners  of  the  sinking  fiuul  of  5th  Feli.  1808.        $1,880,358  10 

Deduct  interest  accrued  on  that  day,  and  paid  afterwards,  vi/.: 

On  Dutch  debt,    -  -  -  -  -  -  .  58.533.'!.'? 

Registered  debt,  -------  3,871  75 

Louisiana  debt,     ----.-.  337,200  eo 

399,605  08 


$1,486,753  0'2 


10th  Congress.]  No.  283.  [1st  Session. 


BANK    OF    THE    UNITED    STATES. 

COMMUNICATED  TO  THE  SENATE.  O.N  THE  20tH  OF  APRIL,   1808. 

To  the  Senate  and  House  of  Representatives  of  the  United  States  of  Jimerica,  in   Congress  assembled,  the  me- 
morial of  the  stockholders  of  the  Bank  of  the  United  States  respectfully  showeth: 

That,  by  an  act  of  Congress,  passed  on  the  25tli  of  February,  1791,  the  subscribers  to  the  capital  stock  of  the 
Bank  of  the  United  States,  their  successors  and  assigns,  were  incorporated  for  a  term  of  years,  whicli  will  expire 
on  the  fourth  day  of  March,  in  the  year  one  thousand  eight  hundred  and  eleven. 

That,  contemplating  the  extensive  operations  of  the  bank,  the  intimate  connexion  of  the  institution  with  the  pub- 
lic credit  and  finances,  and  the  dispersed  and  distant  residence  of  many  of  the  stockholders,  your  memorialists 
deem  it  a  duty  to  the  Government,  and  to  the  commercial  world,  as  well  as  to  themselves,  to  submit,  at  this  period, 
to  the  Legislative  consideration,  the  expediency  of  protracting  the  duration  of  their  charter.  Without  an  early  as- 
surance upon  tiiis  subject,  every  motive  of  prudence  and  justice  will  enforce  the  adoption  of  adequate  measures,  to 
prevent  the  dangers  and  mischiefs  of  a  sudden  dissolution  of  the  corporation.  The  different  branches,  as  well  as  the 
principal  bank,  must  immediately  co-operate  in  those  measures.  The  facilities  now  enjoyed  for  the  collection  of  the 
revenue,  and  the  payment  of  the  public  debts  or  engagements,  will  be,  unavoidably,  impaired.  And  it  will  readily 
be  perceived,  that  the  activity  of  a  capital,  amounting  to  ten  millions  of  dollars,  cannot  possibly  cease,  without  pro- 
ducinggreat  disappointment  and  embarrassment  in  the  trade  and  commerce  of  the  Union. 

That,  while  your  memorialists  use  the  precaution  of  the  present  address,  they  reflect,  with  pleasure,  upon  the 
honorable  claim  to  the  patronage  of  the  Govennient,  founded  upon  the  public  services  which  the  institution  has  al- 
ready performed:    Thus, 

It  has  enriched  the  treasury,  by  the  share  which  the  Government  subscribed  to  its  capital  stock:  for  the  sub- 
scription was  made  through  the  medium  of  a  loan  from  the  bank  itself,  (obtained  at  an  annual  interest  less  than  the 
amount  of  the  annual  dividend)  and  when  a  sale  of  stock  was  effected,  the  profit  realised  by  the  (Toveriiment  ex- 
ceeded a  sum  of  six  hundred  and  fifty  thousand  dollars. 

It  has  aided  the  Government  to  maintain  inviolate  the  public  faith  and  credit,  both  at  home  and  abroad:  for,  it 
has,  on  various  applications,  advanced  to  the  amount  of  many  millions  of  dollars,  (at  an  interest  sometimes  of  six, 
and  sometimes  at  five  per  cent.,)  in  anticipation  of  the  public  revenue. 

It  has  enabled  the  Government  to  collect  its  revenue,  and  to  perform  its  pecuniary  engagements,  with  ease,  eco- 
nomy, and  security:  for  offices  of  Discount  and  Deposite  have  been  established  in  every  eligible  position:  not  always 
for  the  general  emolument  of  the  institution,  but.  sometimes,  (on  the  suggestion  of  the  Secretary  of  tlie  Tieasury) 
for  the  peculiar  accommodation  of  the  public.  The  great  mass  of  revenue  has  been  thus  carefully  collected,  and 
the  interest  of  the  public  debt  has  been  punctually  paid;  while,  with  equal  promptitude,  the  public  money  has  been 
transferreil  from  the  bank  to  the  offices,  or  from  one  office  to  another,  in  such  proportions,  and  at  siith  times,  as  the 
arrangements  of  the  Government  required.  And  these  operations  (manifestly  hazardous,  inconvenient,  and  expen- 
sive) have,  hitherto,  been  performed  upon  the  responsibility  of  the  institution,  without  a  pecuniary  compensation  or 
charge. 

'I  hat  your  memorialists,  indulging  in  this  retrospect,  cannot  be  insensible  to  the  advantages  whicli  they,  also, 
have  derived  from  a  fiscal  intercourse  between  the  Government  and  the  bank.  It  is  not.  howe\er,  the  amount  of 
the  public  deposite  that  has  essentially  contributed  to  those  advantages:  for,  the  amountof  the  deposite  so  fiuctuates, 
is  liable  to  such  changes  of  place,  and.  in  its  transfer,  is  attended  with  so  much  care  and  cost,  that  it  can  hardly  be 
regarded  as  a  profitable  item  in  the  estimates  of  a  discount  day.  Nor  are  the  advantages  of  public  patronage  dis- 
cernible in  the  emoluments  arising  from  the  general  business  of  the  bank:  for  its  dividends  have  always  been  mo- 
derate, (frequently  less,  and  seldom  more,  than  eight  per  cent,  per  annum)  and  u■^ualiy  inferior  to  the  dividends  of 
similar  establishments.  But  your  memorialists  cheerfully  acknowledge,  that  the  confidence  of  the  Government, 
founded  upon  a  constant  knowledge  of  the  iriterior  management  and  condition  of  the  bank,  has  attracted  the  confi- 
dence of  Europe,  as  well  as  of  America,  towards  the  institution:  has  conferred  upon  it  a  character  of  dignity  and 
stability:  and  has  enabled  its  directors  to  set  an  example  of  prudence,  candor,  and  impartiality,  honorable  to  them- 
selves, and  beneficial  to  the  community. 

That  your  memorialists  presume  not  to  enlarge  upon  the  national  policy  of  their  institution,  either  with  a  view  ro 
a  continuance  of  the  blessings  of  peace,  or  to  the  possible  vicissitude  and  exigence  of  war.  The  officers  of  state  can 
best  represent  the  public  uses  of  a  bank,  upon  extraordinary  as  ^^ell  as  ordinary  occasions:  and  the  wisdom  of  the 
Legislature  will,  doubtless,  embrace,  in  its  decisions,  all  the  considerations  of  present  convenience  and  future 
safety.  But.  at  a  crisis  of  some  apprehension  and  alarm,  your  memorialists  respectfully  accomptany  the  expression 
ol^  a  cordial  attachment  to  the  honor,  tranquillity,  and  happiness,  of  their  country,  with  an  assurance  that  the  Govern- 
ment may  confidently  rely,  in  every  emergency,  upon  the  prompt  and  legitimate  aid  of  the  instituticui. 

That,  under  these  impressions,  and  with  these  dispositions,  your  memorialists  solicit  a  renewal  of  their  charter, 
for  an  additional  term  of  years;  and  they  are  persuaded  that  the  reasons  which  have  been  assigned  will  induce  the 
Le.^slature  to  nsake  an  early  and  a  favorable  decision  upon  the  subject. 

Signed  by  order  and  on  behalf  of  the  general  meeting  of  die  stockholders  of  the  Bank  of  the  United  States. 

SAMUEL  BRECK,  Chairman. 
Attest, 

Paschall  Hollingsworth,   Secretary. 
Philadelphia,  January  6th,  1807. 

[Note. — For  report  of  the  Secretary  of  the  Tieasury,  see  No.  298.] 
59  tt 


302  FINANCE.  [1808. 


10th  Congress.]  No.  284.  [1st  Sessiow. 


MINT. 


COMMUNICATBD  TO  THE  HOUSE  OF    REPRESENTATIVES,  APRIL  25,  1808. 

Treasury  Department,  April  23,  1808. 

Sir: 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with  sundry 
statements,  which  have  been  prepared  in  obedience  to  the  seventh  section  of  the  act,  entitled  "  An  act  establishing 
a  mint,  and  regulating  the  coins  of  the  United  States,"  passed  on  the  2d  of  April,  1792. 
I  have  the  honor  to  be,  very  respectfully?  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Comptroller's  Office,  April  23,  1808. 

Sir: 

The  statements  marked  A,  B,  and  C,  which  accompany  this  letter,  have  been  prepared  pursuant  to  the 
seventh  section  of  an  act  of  Congress,  of  the  2d  of  April,  1792,  entitled  '['  An  act  establishmg  a  mint,  and  regulating 
the  coins  of  the  United  .States."  They  contain  all  the  information  relative  to  the  transactions  of  the  mint,  which 
the  settlements  made  at  the  treasury  enable  me  to  give. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

G.  DUVALL. 
Albert  Gallatin,  Esq.  ^ 


1808.] 


THE  MINT. 


303 


Statement  exhibiting  the  balance  of  gold  and  silver  remaining  in  the  hands  of  the  officers  qf  the  mint  on  the  3lst 
December,  1806;  the  amount  of  deposiles  from  1st  January  to  the  31.s/  December,  1807;  the  different  species  qf 
coins  made  and  paid  on  account  of  deposit es;  allowances  for  wastage,  and  the  balance  remaining  in  the  hands 
of  the  officers  of  the  mint  on  the  said  31st  December,  1807,  to  be  accounted  for  on  a  future  settlement. 


Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the 
mint  on  the  31st  December,  1806,  ------ 

Gold  bullion  deposited  from  the  1st  January  to  the  31st  December,  1807, 


Amount  paid  on  account  of  deposites  of  gold,  from  the  1st  January  to  the 
31st  December,  1807,  ------- 

Add  balance  of  gold  coins  in  the  hands  of  the  treasurer  of  the  mint,  on  the 
31st  December,  1807,  ------- 

Deduct  this  sum,  being  a  balance  of  gold  coins  remaining  in  the  Bank  of  the 
United  States,  on  the  31st  December,  180G,  -  -  958  06  0 

Also,  this  sum,  being  so  much  of  warrant  No.  8,906,  issued  to  cover 

wastage  in  the  coinage  of  gold  during  the  year  1806,         -        1,000  36  5 


Gold  coins  made  at  tiie  mint,  from  the  1st  January  to  the  31st  December, 
1807,  viz:  half  eagles,  81,093;  quarter  eagles,  6,81-2;  weight  and  value,  - 

Balance  of  gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 
December,  1807,       -------- 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  gold  from 
die  1st  January  to  the  31st  December,  1807,  -  -  -  . 

As  above. 

Balance  of  silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 

December,  1806,       -  - 

Silver  bullion  deposited  from  the  1st  January  to  the  31st  December,  1807,    - 


Amount  paitl  on  account  of  deposites  of  silver,  from  the  1st  January  to  the 

31st  December,  1807,  -  -  - 

Add  balance  of  silver  coins  in  the  Bank  of  the  United  States  on  the  31st 

December,  1807,       -------- 

Deduct  this  sum,  being  a  balance  of  silver  coins  remaining  in  tiie  Bank  of 
the  United  States  on  the  31st  December,  1806.  -  -  17 

Also,  this  sum.  being  so  much  of  warrant  No.  8,906,  issued  to  cover 

wastage  in  the  coinage  of  silver,  during  the  year  1806,  -       1,721  49 

Silver  coins  made  at  the  mint,  from  1st  January  to  3lst  December,  1807,  viz: 
half  dollars,  1.051,576:  quarter  dollars,  2-20,643,  and  dimes,  165,000 
weight  and  value,     -------- 

Balance  of  silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st 
December,  1807,       -  -  -  -  - 

Profit  and  loss  fortius  sum,  allowed  for  wastage  in  the  coinage  of  silver,  from 
the  1st  Janiary  to  the  31st  December,  1807,  -  .  .  . 

As  above. 


Ounces.  Dwt.  Gr. 


1,822       9     13 
23,533       3     14 


25.355     13 


24,609       1     21 
669       5     11 

77     5     19 


25,355     13 


Dollars.     Cts.   M. 


69,698       7       1 
613,400     15       0 


693,099   2   1 


- 

- 

598,787 

93 

0 

382 

48 

0 

599,170 

41 

0 

- 

- 

1,721 

66 

0 

517,788 

18 

8 

597,448 

75 

0 

163,409 

3 

9 

188,548 

33 

0 

1,901 

0 

8 

■2,193 

47 

5 

683.099 

2 

1 

788,190 

55 

5 

32,398  52  5 
418,367  41  0 


450,765  93  5 


403,510   4  5 
35,943  38  0 


439,453  42  5 


1 ,958  42  5 


437,495   0  0 

11,896  90  0 

1,374   3  5 


450,765  93  5 


80,420  57  0 
707,769  98  5 


/88,190  55  5 


Comptroller's  Office,  April  21,  1808. 


ANDREW  ROSS,  Clerk. 


304 


FINANCE. 


[1808. 


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1808.] 


THE   MINT. 


305 


Summary  statement  exhibit  in  fr  the  value  of  coins  made  at  the  mint;  the  amount  of  dishiirsements  on  accomit  of  the 
establishment;  the  amount  alloivedfor  waslage;  the  amount  retahml  of  deposit es;  and  the  amount  gained  on  the 
coinage  of  copper^  from  the  commencement  of  the  institution  to  the  2\'st  December,  1807. 


Value  of  sold,  silver,  and  copper  coins  made  at  the  mint,  to  31st  December,  1806, 
Do.    of  gold  coins  made  from  1st  Jaimary,  to  31st  December,   1807,  per  state- 
ment A,        --  -  -- 
Do.     of  silver  coins             do.               do.  do.  do. 
Do.    of  copper  coins,          do.               do.                        do.                  B, 

Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December,  1806, 
per  account  rendered,  ........ 

Add  amount  gained  on  the  coinage  of  copper,  to  the  same  period. 

From  the  above  deduct  amount  wastage  on  gold  and  silver  coinage,  to  same  period, 

Add  amount  retained  from  deposites,  .  -  -  .  . 

Add  amount  disbursed,  on  account  of  the    establishment,  from  the  1st  January  to 

31st  December,  1807,  -  - 

Add  amount  of  wastage  on  gold  and  silver  coinage,  to  3 1st  December,  1806,  as  above. 
Do.  do.  do.        from  1st  January  to  31st  Dec.  1807, 

From  the  above  deduct  amount  retained  from  deposites,  to  31st  Decem- 
ber, 1806,  -  -  -  -  -  .  -       $3,110  59 

Also,  amount  retained  from  deposites,  from  the  1st  January  to  31st  De- 
cember, 1807,      -  -  -  -  -  -  384  275 


Deduct  amount  gained  on  the  coinage  of  copper,  from  the  connnencement  of  the 
institution  to  the  31st  December,  1807,  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the  com- 
mencement of  the  institution  to  the  31st  December,  1807,  including  the  cost  of 
lots,  buildings,  machinery,  &c.  -  -  -  .  . 


$437,495  00 

597,448  75 

9,052  21 


$5,437,657  73 

1,043,995  96 
$6,481,653  68 


282,600  67 
31,092  57 


313,693  24 
21,549  33 


292,143  91 
3,110  59 


21,549  33 
3,567  51 


25,116  84 


3,494  86.5 


Comptroller's  Office,  ^pril23,  1808. 


295,254  50 
22,017  33 


21,621  97i 


338,893  79^ 
33,763  37 


$305,130  42^ 


ANDREW  ROSS,  Clerk. 


306 


FINANCE. 


[1808. 


10th  Congress.] 


No.  285. 


[2d  Session. 


PROTECTION    TO    MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  NOVEMBER  21,    1808. 

To  the  Honorable  Senate  and  House  of  Representatives  of  the  United  States  in  Congress  assembled,  the  petition 
of  the  subscribers,  twine  and  line  manitfactiirers,  inhabitants  of  the  district  of  Massachusetts,  humbly  sfiows: 

That  they  are  enabled  to  manufacture  an  ample  sufficiency  of  twine  and  lines,  of  every  description,  and  of  the 
first  quality,  for  the  supply  of  the  United  States,  and  as  cheap  as  they  can  be  imported;  but  that  foreign  articles  of 
this  description  are  attainable  at  such  extensive  credit,  as  the  infancy  of  such  an  establishment,  in  this  country,  will 
not  admit  of.  That  the  same  impediment  will  always  operate  in  bar  of  such  an  establishment,  unless  the  fostering 
hand  of  Government  can  be  extended  in  aid  of  the  exertions  of  the  manufacturers  of  our  country. 

Your  petitioners,  therefore,  pray,  that,  whenever  the  wisdom  of  Congress  shall  judge  it  expedient  to  repeal  the 
present  existing  non-importation  law,  that  an  increase  of  duties  may  be  laid  on  twine  and  lines,  imported  into  the 
United  States  from  foreign  countries,  so  that  the  manufacturers  of  this  country  may  be  placed  on  such  a  footing  of 
preference,  or  at  least  ot  equality,  as  may  encourage  tlieir  progress. 

Your  petitioners  are  by  no  means  desirous  of  obtaining  the  prayer  of  their  petition,  by  any  means,  or  on  any 
terms,  which  might  operate  against  the  interests  of  the  purchasers  and  users  of  their  manufactures;  and  only  pray, 
therefor,  witii  such  provisos  as  may  secure  the  purchasers  of  their  manufactures  against  the  impositions  and  unjust 
exactions  to  which  they  might  otherwise  be  liable  from  the  manufacturers.     And,  as  in  duty  bound,  will  pray. 


Petitioners'  Names. 

Places  of  abode. 

Quantity  of  articles  which  each  can 
manufacture  annually. 

Dozens  of  Lines. 

Pounds  of  Twine. 

Nathan  Bacon, 

Josiah  Dunham, 

Alexander  Geddes,     - 

Samuel  Robbins,  jun. 

James  Fisher, 

William  Chisholm,      .            -            - 

Edward  Tuttle, 

Matthew  Vincent, 

James  J.  Moody, 

Joseph  Wilson, 

Boston,         -            .            -            . 
Boston,          -            -            -            - 
Charlestown, 

Plymouth,     -            -            -            - 
Salem,           -            -             .            . 
Salem,          -            -           .           . 
Salem,          -            .           -           - 
Salem,          -            .           .           . 
Salem,          -           .           -            - 
Beverly,       -           -           -            . 

1,000 
800 
600 
500 
500 

1,000 
200 
200 
100 
200 

2,000 
2,000 
3,000 
2.000 
3,000 
6,000 
500 
5,000 
3,000 
3,000 

Whole  amount. 

46,000 

27,500 

Note. — Massachusetts  district  probably  uses  three  thousand  doz-on  lines  and  ten  thousand  dozen  twine;  equal 
to  about  one  hundred  thousand  pounds  weight:  which  is  annually  consumed  in  the  United  States. 

Of  tiie  lines,  Massachusetts  probably  uses  three-fourths  of  all  that  is  wanted  in  the  United  States. 

This  branch  of  business  would  give  employ  to  upwards  of  one  thousand  persons,  and  independence  to  our  coun- 
try, in  one  respect. 

The  lines  being  manufactured  from  hemp,  the  twine  from  flax  will  be  of  some  advantage  to  the  agriculturist, 
and  promote  the  raising  of  those  highly  important  articles  here. 


10, Ii  Congress.] 


No.  286. 


[2d  Session. 


REVENUE    CUTTERS. 

communicated   to   the    house   of   REPRESENTATIVES,   DECEMBER   2,    1808. 

Treasury  Department,  November  29,  1808. 
Sir: 

1  had  the  honor  to  receive  your  letter  of  the  22d  instant,  respecting  the  proposed  increase  of  the  cutter  esta- 
blishment. 

[  think' that,  solely  with  a  view  to  the  execution  of  the  ordinary  revenue  laws,  three  additional  cutters  would  be 
sufficient,  vi/,:  one  for  the  District  of  Maine,  one  for  Rhode  Island  and  the  southern  coast  of  Massachusetts,  and 
one  for  Ocracock,  in  North  Carolina.  The  vessel  which  has  been  employed  for  ten  years,  as  a  revenue  boat,  in  the 
last  place,  is  necessarily,  fr(un  the  nature  of  the  adjacent  waters,  and  of  the  service  she  must  perform,  of  a  size  near- 
ly equal  to  that  of  some  of  the  cutters;  and  so  far  as  relates  to  that  port,  the  change  would  be  only  nominal;  but  it  is 
desirable,  in  order  that  a  commission  may  be  given  to  the  captain  and  mates,  the  vessel  being  often  obliged  to  be  at 
sea. 

But,  for  (he  purpose  of  carrying  into  effiict  laws  which  prohibit  exportation  and  restrain  importations,  more  effi- 
cient means  must  be  used  than  aie  now  authorized.  And  amongst  these  an  increase  of  revenue  cutters  is  neces- 
sary, in  addition  to  the  assistance  of  gun  boats,  which  are  better  calculated  as  a  stationarv  force,  and  for  the  purpose 
of  stopping,  in  certain  places,  than  of  pursuing,  vessels.  We  want  small  fast  sailing  vessels,  ten  of  which  will  require 
a  less  number  of  men  than  the  smallest  frigate,  and  will  cover  much  more  ground.  For  you  will  be  pleased  to  ob- 
serve, that  there  are  but  six  vessels  belonging  to  the  navy,  under  the  size  offrigates;  and  that  number  is  inadequate 
to  the  extent  of  coast,  and  number  of  harbors  to  be  watched.    An  easy  draught  of  water  is  also  a  material  considera- 


1808.]  STATE  OF  THE  FINANCES.  301 


tion.  But  it  seems  to  me  that  it  cannot  be  doubted,  tliat,  if  all  tlie  navy  was  employed  in  that  service,  they  are  not 
sufficient,  in  point  of  number,  for  the  object,  and  that  ten  or  twelve  small  vessels,  in  addition,  will  form  a  very  useful 
appendage.  I  propose  that  they  should  be  revenue  cutters,  because,  in  time  of  peace,  and  when  employed  solely  in 
carrying  the  laws  into  eft'ect,  they  will  be  under  the  control  of  the  collectors;  which,  in  relation  to  tliat  object,  is 
preferable;  and  because,  in  case  of  war,  they  misht,  according  to  the  existing  laws,  be  placed  under  the  diiection  of 
the  Navy  Department.  Their  si/.e  would  vary  (rum  70  to  130  tons;  they  would  carry  Ironi  six  to  ten  four-pounders, 
or,  if  they  can  be  procured,  twelve-pounder  carronades;  and  be  manned  with  from  fifteen  to  thirty  men  each,  which 
is  amply  sufficient  for  the  object  in  view. 

The  expense  of  building  such  vessels,  coppered  and  completely  fitted  for  sea,  will  be,  exclusively  of  the  guns, 
from  eigiit  to  twelve  thousand  ilollars.  The  expense  of  keeping  them  in  service  must  depend  on  the  wages  ot  sea- 
men. Supposing  these  at  fifteen  dollars  a  month,  the  annual  expense  of  each  vessel  may,  iin  an  average,  be  estimated 
as  follows: 

Pay  of  one  captain  anil  three  mates,  -  -  .  .  .  $1,6-20  00 

Pay  of  twenty  seamen,  at  fifteen  dollars,     -----  3, GOO  00 

Rations,  estimated  at  twenty-five  cents,      ".'"""  2,640  00 

Repairs  and  contingencies  of  every  description,       -  -  ..  -  1.140  00 

$9,000  00 


The  cost  of  twelve  vessels  would,  therefore,  on  an  average,  be  120,000  dollars;  and  tlieir  annual  support  108,000 
dollars.  I  must  add,  that  this  estimate  is  predicated  on  a  supposition  that  we  would  increase  the  force  of  these  new 
cutters  beyond  what  has  heretofore  been  usual:  for  the  anrmal  maintenance  of  tiiose  now  in  service  does  not  cost 
more  than  six  thousand  dollars  each.  Nor  must  the  proposed  expense  be  considered  as  altogether  additional:  for 
we  would  then  be  enabled  to  substitute  tiie  new  cutters  to  a  number  of  armed  revenue  boats,  which  have,  this  year, 
under  existing  circumstances,  been  authori/.ed  in  many  instances,  in  addition  to  those  usually  employed. 

No  other  appropriation  is  re(|uisite  than  one  similar  to  that  made  by  the  i>~lh  section  of  the  collection  law  of 
March  2,  1799.  But,  if  thought  preferable,  the  expense  may  be  paid  from  nmneys  in  the  treasury.  The  form  is  im- 
material, and  it  is  a  mere  matter  of  form. 

I  have  the  honor  to  be,  with  great  respect,  sir,  yours,  &c. 

ALBERT  GALLATIN. 
Thomas  Newton,  Esq.  Chairman  of  the  Committee  of  Commerce  and  Maniifuctures. 


10th  Congress.]  No.    287.  [2d  Session. 


STATE    OF    THE    FINANCES. 

COMMUNICATED  TO  THE  SENATE,  DECEMBER    16,    1808. 

In  obedience  to  the  directionsof  the  act  supplementry  to  the  act,  entitled  "  An  act  to  establisli  the  Treasury  Depart- 
ment," the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

The  nett  revenue  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  the  year 
1806,  amounted  to        -----------       $16,615,430 

And  that  which  accrued  during  the  year  1807  amounted,  as  will  appear  by  the  statement  A,  to  -  16,059,924 

The  same  revenue,  after  deducting  that  portion  which  arose  from  the  duty  on  salt,  and  trom  the  ad- 
ditional duties  constituting  the  Mediterranean  fund,  amounted,  during  the  year  1806,  to  -         -      14,848,784 

And  (luring  the  year  1807,  to        -  -  -  -  -  -  -  "       .     "  "      14,375,855 

But  it  is  ascertained  that  the  nett  revenue  which  accrued  during  the  three  first  quarters  of  the  year  1808,  did  not 
exceed  eight  millions  of  dollars,  and  is  daily  decreasing. 

The  statement  B  exhibits  in  detail  tiie  several  species  of  merchandise,  and  other  sources,  from  which  that  revenue 
was  collected  during  the  year  1807. 

It  appears,  by  the  statement  C.  that  the  sales  of  the  public  lands  have,  during  the  year  endin";  the  30th  Septem- 
ber, 1808,  amounted  to  about  200,000  acres;  and  tiie  payments  by  purchasers  to  near  550,000  dollars.  The  proceeds 
of  sales  in  the  Mississippi  territory,  being,  after  deducting  the  surveying  and  other  incidental  expenses,  appropria- 
ted, in  the  first  place,  to  the  payment  of  a  sum  of  1,250,000  dollars,  to  the  State  of  Georgia,  are  distinctly  stated. 

It  appears,  by  the  statement  D,  that  the  payments  on  account  of  the  principal  of  the  public  debt  have,  during 
the  same  period,  amounted  to  only  2,335,000  dollars-  Jiut  the  payments  trom  the  treasury,  lor  the  annual  reim- 
bursement of  the  six  per  cent,  and  deferred  stocks,  and  for  the  final  reimbursement  of  the  W  per  cent,  stock,  will  (exclu- 
sively ot  a  sum  of  730,000  dollars,  already  in  the  hands  of  the  Treasurer,  as  agent  for  the  Commissioners  of  the 
Sinking  Fund)  amount,  during  the  last  quarter  of  this  year,  to  5,376,000  dollars:  making  the  total  of  public  debt 
reimbuWd,  from  the  1st  of  April,  1801,  to  the  1st  of  January,  1809,  about  thirty  three  millions  six  hundred  thou- 
sand dollars,  exclusive  of  more  than  six  millions,  paid  during  the  same  period,  in  conformity  with  the  provisions  of 
the  treaty  and  convention  with  Great  Britain,  and  of  the  Louisiana  convention. 

The  public  debt  will,  on  the  1st  day  of  January,  1809,  amount  to  56,647,663  dollars;  consisting  of  the  following 
items: 

Old  six  per  cent,  stock,  nominal  amount  $20,706,603  22,  unredeemed  -  -  -  $11,919,877  57 

Deferred  stock,  nominal  amount  $  11,717,476  92,  unredeemed  -  .  .  -  -    9,386,627  08 

New  six  per  cent,  stock,  exchanged  at  par  for  old  six  and  deferred,     --.--"    5,993,343  50 
New  six  per  cent,  stock,  arising  trom  conversion  of  three  per  cent,  stock,  at  65  new  six,  for  100  three 

per  cent,  stock,  -....---  .  -  .  -     1.859,770   70 

1796  six  per  cent,  stock,    --------  -  -  80.000  00 

Louisiana      do. 11.250,000  00 

Total  six  per  cent,  stock,  -  -  -  - $  40,489,618  85 

Three  per  cent,  stock,         - -  ..  -  16,158,044,48 

$56,647,663  27 


308  -^ 


^;  FINANCE.  [1808. 


The  interest  on  the  whole  debt,  and  the  annual  reimbursement  on  the  six  per  cent,  and  deferred  stocks,  will, 
for  the  ensuing  year,  amount  to  4,226,000  dollars,  leaving,  in  order  to  complete  the  annual  appropriation  of  8,000,000 
dollars,  a  sum  of  3,774,000  dollars,  applicable  to  the  reimbursement  ot  the  new  exchanged  six  per  cent,  stock. 
The  whole  of  that  and  of  the  other  new  six  per  cent.,  arising  from  the  conversion  of  three  per  cent,  stockj  amount- 
ing together  to  7,853,000  dollars,  would  thus  be  reimbursed  within  two  years.  And  after  the  1st  day  ot  January, 
1811,  the  whole  annual  amount  payable  on  account  of  interest  and  annual  reimbursement,  could  not,  during  the 
seven  ensuing  years,  exceed  3,756,000  doljars.  But,  under  existing  circumstanceSj  it  is  believed  that  the  reimburse- 
ment of  that  new  six  per  cent,  stock  will  be  nominal,  and  must  be  effected  by  incurring  a  new  debt,  to  an  equal 
amount. 

The  actual  receipts  into  the  treasury,  during  the  year  ending  on  the  30th  September,  1808,  as  they  principally 
arose  from  the  revenue  accrued  during  the  preceding  year,  (and  the  payments  on  account  of  drawback  having  been 
diminished  by  the  embargo,)  have  been  greater  than  those  of  any  preceding  year,  and  amounted  to  $  17,952,419  90 

And  the  specie  in  the  treasury,  on  the  1st  October,  1807,  amounted  to     -  -  -        8,529,573  08 


Making,  together,  -  -  -  -  -  -    $26,481,992  98 


The  disbursements,  during  the  same  period,  have  amounted  to  $12,635,275  46;  consisting  of  the  following  items: 
Civil  department,  and  miscellaneous  expenses,  -  -  -  $1,258,967  18 

Foreign  intercourse,  and  payment  of  American  claims,  assumed  by  the  Louisiana 

convention,      -  -  :.-.."  '  "  "      '106,499    37 

Military  and  Indian  departments,  including  fortifications  and  the  expenses  of  the 

new  army,       -  -  -  -  -  -  -  -    3,023,759  55 

Naval  department,  including  the  appropriation  of  $677,064  47,  to  cover  the  deficit 

of  the  preceding  year,  -  -  -  -  -  •   2,257,064  47 

Public  debt,  principal  and  interest,  (the  greater  part  of  the  payments  f'lr  the  year 

1808  falling,  as  already  stated,  in  the  last  quarter)  have  amounted  only  to       -    5,688.984    89 

'■ 12,635,275     46 

Leaving  a  balance  in  the  treasury,  on  the  30th  September,  1808,  of       -  -        -         13,846,717    52 


$26,481,992     98 


The   cash  in  the  hands  of  collectors  and  receivers,  and  the  outstanding  revenue  bonds,  which  will  almost  al- 
togetiier  fall  due  prior  to  the  first  of  January,  1810,  may,  after  deducting  the  debentures  yet  unpaid,  and  the  ex- 
penses of  collection,  be  estimated  to  have  amounted,  on  the  30th  September,   1808,  to  -  -     $10,500,000 
Making,  together  with  the  balance  in  the  Treasury  on  that  day,  of       -             -  -       13,846,000 

An  aggregate  of  -  -  •  -  -  -  -    .        ■    $34,346,000 

Although  the  expenses  ofthe  present  quarter  cannot  at  present  be  precisely  ascertained,  they  will  not, 
including  the  reimbursement  of  5,376,000  dol  lars,  on  account  of  the  principal  of  the  public  debt,  exceed        8,346,000 

Leaving,  on  the  1st  day  of  J.anuary,  1809,  a  sum  of  -  .  .  .    $16,000,000 


Sixteen  millions  of  dollars,  in  cash  or  bonds,  payable  during  the  year  1809,  and  applicable  to  the  expenses  of  that 
year.  It  is  presumed  that  the  receipts  arising  from  importations  and  payments  for  lands,  subsequent  to  the  30th 
September,  1808,  will  not  be  greater  than  the  deductions  on  account  of  bad  debts,  and  ofthe  extension  of  credit  on 
certain  articles. 

The  expenses  of  the  year  1809  would,  according  to  the  appropriations  already  made,  and  to  tiie  usual  annual 
estimates,  amount  to  thirteen  millions  of  dollars,  consisting  of  the  following  items: 

1.  Civillist  and  miscellaneous  expenses,        -                -            -  -  ...  $900,000 

2.  Foreign  intercourse.             '          . "            "                 "            '  '  "  "            "  200,000 

3.  Grants  by  Congress,  and  other  miscellaneous  unforeseen  demands,  -  -  -           .  150,000 

4.  Military  and  Indian  departments,               -                 -            -  -  ...  2,736,000 

5.  Naval  department,               "          .  "            '                 "            '  '  "  "            "  1,014,000 

6.  Annual  appropriation  for  the  public  debt,                   .           -  -  -  .           .  8,000,000 


$13,000,000 


Leaving  a  surplus  of  only  three  millions  of  dollars  for  defraying  all  the  expenses  for  fortifications,  military  stores, 
increase  of   llie  army  and  navy,  or  otherwise  incident  to  a  state  of  actual  war,  or  of  preparations  for  war. 

The  annual  appropriation  on  account  ofthe  public  debt,  amounting  to  eight  millions,  and  the  interest  lor  the  year 
1^09,  being  less  than  throe  millions  of  dollars,  an  authority  to  borrow  five  millions  would  only  create  a  new  debt 
equal  to  the  prii.ciixil  of  old  debt  reimbursed  during  that  year,  and  appears  sufficient  to  provide  for  any  deficiency 
arising  from  extraordinary  expenses  which  may  be  thus  authorizA'd  by  Congress. 

It  thus  appears,  that,  notwithstanding  the  general  warfare  of  the  belligerent  Poweis  against  neutral  nations,  and 
the  consequent  suspension  of  commeice  which  took  place  In  the  latter  enti  of  the  year  1807,  and  notv/ithstanding  the 
increased  rate  of  expenditure  naturally  arising  from  that  state  of  things,  the  ordinary  revenue  will  iiave  been  suffi- 
cient to  defray  all  the  expenses  of  the  years  1808  and  1809,  Including,  for  1808,  a  j-eimbursement  of  debt  exceeding 
six  millions  of  dollars,  and  without  making  any  addition  to  that  debt  in  1809.  The  measures  necessary  to  be  adopted, 
iu  order  to  make  a  timely  provision  for  the  service  of  the  ensuing  years,  depend  on  the  course  which  the  United 
States  will  pursue  in  relation  to  foreign  aggressions.  And  tiiat  being  yet  unascertained,  it  becomes  necessary  to 
examine  the  several  alternatives  lef\  to  the  choice  of  Congress. 

Either  the  navigation  ofthe  ocean  will  be  abandoned  by  the  United  States,  or  it  will  be  resumed. 

The  first  supposition  is  that  of  a  continuance  of  the  embargo  of  the  vessels  of  the  United  St.atcs,  and  admits  of 
two  alternatives: 

1.  Kitlier  a  provision,  generally  forbidding  cxportations,  may  continue  to  make  part  ofthe  system,  in  wliicli  case 
iinpoLtations,  whether  expressly  interdicted  or  not,  must,  for  want  of  means  of  payment,  be  also  discontinued. 

2.  Or  exportatious  aiul  corresponding  importations  may  be  peimitted  in  foreign  vessels. 

The  second  supjiosition  also  oifers  two,  and  only  two  alternatives.  It  may,  indeed,  be  admitted,  that  the  decrees 
of  France  can  be  enioiced  only  in  her  own  territories,  and  iu  those  of  her  allies;  diat.  however  efiicient  in  preventing 
any  commeice  between  tlie  United  States  and  herself,  those  decrees  cannot  materially  affect  that  between  her 
enemies  and  tiie  United  States;  and  may.  therefore,  in  that  respect,  be  disregarded.  But  Great  Biitain  having  the 
means  of  enforcing  her  orders  on  the  ocean,  the  navigation  of  that  element  cannot  be  resumed  without  encountering 
those  orders;  and  they  must  either  be  submitted  to  or  resisted.    There  can  be  no  middle  way  between  the  two  courses. 

3.  Either  America  must  accept  the  portion  of  commerce  allotted  to  her  by  the  British  edicts,  and  abandon  all 
that  is  forbidden — and  it  is  not  aiaterial  whether  this  be  done  by  legal  provisions,  limiting  the  commerce  of  the 
United  States  to  the  permitted  places — or  by  acquiescing  in  the  capture  of  vessels  stepping  beyond  the  prescribed 
bounds. 

4.  Or  the  nation  must  oppose  force  to  the  execution  of  the  orders  of  England;  and  this,  however  done,  and  by 
whatever  name  called,  will  be  war. 


1808.]  STATE   OF    THE   FINANCES.  .  g(]9 


Of  those  four  alternatives,  the  second  and  third  differneitlierin  principle  nor  in  their  effect  on  the  revenue.  As  both 
plans  consist  in  permitting  partial  exportations  and  inipnrtations,  it  must  be  acknowledged  that,  objectionable  as 
that  course  maybe  in  other  respects,  if  considered  merely  in  relation  to  the  fiscal  concerns  of  the  Union,  it  will,  for  the 
moment,  be  attended  with  less  difficulties  than  either  the  present  system  or  war.  For,  however  narrow  the  limits 
to  which,  on  that  plan,  the  exportations  and  impnrtations  of  the  United  States  may  be  reduced,  yet  theie  will  still 
be  some  commerce,  and  some  revenue  arising  from  commerce.  And,  as  in  pursuing  th;it  humble  path,  means  of 
defence  will  becj)me  unnecessary,  as  there  w'dl  be  no  occasion  for  either  an  army  or  a  navy,  it  is  believetl  that  there 
would  be  no  difficulty  in  reducing  the  public  expenditures  to  a  rate  correspimding  with  the  fragments  of  impost  which 
might  still  be  collected.  If  that  course  be  adopted,  no  other  provision  seems  nece-s:iiy  than  an  immediate  reduction 
of  expenses. 

Tlie  system  now  in  force,  and  war,  however  dissimilar  in  some  respects,  are  ijoth  considered  as  resistance.  Nor 
is  it  believed  that  their  effect  on  national  wealth  and  public  revenue  would  be  materially  different.  In  either  case, 
a  portion,  and  a  portion  {)nly.  of  the  national  industry  and  capital,  heretofore  emi)loyed  in  tlie  production,  transpor- 
tation, and  exchange  of  agricultural  products,  or  in  the  foreign  carrying  trade,  can  immediately  be  diverted  toother 
objects.  In  case  of  a  continuance  oi'the  embargo  aiid  non-exportation,  either  a  less  quantity  of  commodities  must 
be  produced,  or  a  portion  will  accumulate  until  the  freedom  of  commerce  shall  be  restored.  In  case  of  v.ar,  that 
surplus  will  be  exported;  and  altliDUgh  a  ji;ut  nuist  be  lost  by  capture,  a  portion  of  the  returns  will  be  received.  If 
the  embargo  and  suspension  of  commerce  sliall  be  continued,  the  revenue  arisiiig  from  connnerce  will,  in  a  short 
time,  entirely  disappear.  In  case  of  war,  some  part  of  that  revenue  will  remain;  but  it  will  be  absorbed  by  the  in- 
crease of  public  exjtenditure.  In  either  case,  new  resources,  to  an  amfMuit  yet  unascertained,  must  be  resorted  to. 
But  the  assertion  that  that  amount  will  be  nearly  the  same,  in  either  of  the  two  alternatives  of  embargo  or  war,  is 
correct  only  on  the  supposition  that  the  embargo  and  non-exportation  are,  after  a  certain  time,  to  be  superseded  by 
war,  unless  foreign  aggression  shall  cease:  and  that  rendering  therefore  preparations  for  war  necessary,  they  require 
a  rate  of  expenditure  tar  beyond  that  of  a  peace  establishment. 

If,  however,  the  embargo  atid  non-inteicourse  are  to  have  equal  continuance  with  the  belligerent  edicts,  indefi- 
nite as  that  is:  if  it  be  determined  to  lely  exclusively  on  that  measure,  and,  at  all  events,  not  to  risk  a  war  on 
account  of  those  aggressions;  preparations  for  war  will  become  useless,  and  the  extraordinary  expenses  need  not  be 
incurred.  In  that  case,  the  expenditure  for  the  year  1809  ought  not  to  exceed  the  sum  of  thirteen  millions  of  dol- 
lars, which,  as  has  been  stated,  is  requisite  for  the  support  of  the  preserit  establishment.  And  this  would  leave  for 
the  service  of  the  year  1810,  the  above  mentioned  surplus  of  three  millions,  and  the  proposed  loan  of  five  millions, 
which,  together,  would  be  sufficient  to  defray  the  peace  establishment,  and  to  pay  the  interest  on  the  public  debt 
during  that  year.  Thus  two  years  more  would  be  pi'ovided  for,  without  either  increasing  the  public  deijt  or  laying 
any  new  taxes.  It  is  certainly  only  with  a  view  to  war,  either  immediate  or  contemplated,  that  it  will  become 
necessary  to  resort,  at  least  to  any  considerable  extent,  to  extraordinary  sources  of  supply. 

Legitimate  resources  can  be  derivetl  only  from  loans  or  taxes:  and  the  leasons  which  induce  a  belief  that  loans 
should  be  principally  relied  on  in  case  of  war,  weie  stated  in  the  annual  report  of  last  year.  That  opinion  has  been 
corroborated  by  every  subsequent  view  which  has  been  taken  of  the  subject,  as  well  as  by  the  present  situation  of  the 
country-  The  embargo  has  brought  into,  an(l  kept  in  the  United  States,  almost  all  the  iioating  property  of  the 
nation.  And  whilst  the  depreciated  value  of  domestic  products  increases  the  difficulty  of  raising  a  considerable 
rvenue  by  internal  taxes,  at  no  former  time  has  there  been  so  much  specie,  so  much  redundant  unemployed  capital, 
in  the  country.  The  high  price  of  public  stocks,  and,  indeed,  of  all  species  of  stocks,  the  reduction  of  the  public 
debt,  the  unimpaired  credit  of  the  General  Goveiiiment,  and  the  large  amount  of  existing  bank  stock  in  the  United 
States,  leave  no  doubt  of  the  practicability  of  obtaining  the  necessary  loans  on  reasonable  terms. 

The  geographical  situation  of  the  United  States,  their.history  since  the  Revolution,  and,  above  all,  present  events, 
remove  eveiy  apprehension  of  licquent  vvais.  It  may,  therefore,  be  confidently  expected,  that  a  revenue  derived 
solely  fiom  duties  on  importations,  though  necessarily  impaired  by  war,  will  always  be  amply  sufficient,  during 
long  intervals  of  peace,  not  only  to  defray  current  expenses,  but  also  to  reimburse  "the  debt  contracted  tluring  the 
few  periods  of  war. 

No  internal  taxes,  either  direct  or  indirect,  are,  therefore,  contemplated,  even  in  the  case  of  hostilities  carried 
against  the  two  great  belligerent  Powers.  Exclusively  of  the  authority  which  must,  from  time  to  time,  be  given  to 
borrow  the  sums  required,  (always  providing  for  the  reimbursement  of  such  loans  within  limited  periods)  and  of  a 
due  economy  in  the  several  branches  of  expenditure,  nothing  more  appears  necessary  than  such  modifications,  and 
increase  of  the  duties  on  importations,  as  are  naturally  suggested  by  existing  circumstances. 

1.  Although  importations  have  already  considerably  diminished,  and  may,  under  the  system  now  in  force,  shortly 
be  altogether  discontinued,  no  reasonable  (objection  is  perceived  against  an  increase  of  duties  on  such  as  may  still 
take  place.  Had  the  duties  been  doubled  on  the  1st  of  January,  180S,  as  was  then  suggested,  in  case  of  war,  the 
receipts  into  the  treasury,  during  that  and  the  ensuing  year,  would  have  been  increased  nine  or  ten  millions  of 
dollars.  Those  articles  ol  mo>t  universal  consumption,  on  which  an  increase  of  duty  would  be  inconvenient,  are 
generally  either  free  of  duty  or  abundant. 

It  is,  therefore,  pi'oposed,  that  not  only  the  Mediterranean  duties,  which  will  expire  on  the  1st  day  of  January 
next,  should  be  C(mtinued,  but  that  all  the  existing  duties  should  be  doubled  on  importations,  subsequent  to  that  day. 

2.  The  present  system  of  drawbacks  also  appears  susceptible  of  modifications.  The  propriety  of  continuing 
generally  that  provision  of  the  embargo  laws,  which  allows  a  drawback  on  articles  exported  more  th.an  one  year  after 
they  have  been  imported,  is  doubtful.  A  modification  might  check  speculations  atul  monopolies.  The  duniimtion 
of  importations  has  afforded  sufiicient  profits  on  most  of  the  articles  which  had  been  imported:  and  a  provision 
which  would  have  a  tendency  to  bring  into  market,  and  to  lessen  the  price  of  those  articles,  would  be  generally 
beneficial. 

3.  The  causes  which  induced  the  adoption  of  a  partial  non-importation  act.  have  ceased  to  exist.  The  object 
then  ill  view,  has  merged  into  a  far  more  important  one.  The  selection  of  interdicted  articles  was  founded  on  the 
possibility  of  obtaining  tiiem  in  other  countries  than  England,  and  does  not  agree  with  existing  circumstances.  The 
act  producing  now  no  other  effect  than  to  increase  the  temptations,  and  to  produce  habits  of  smuggling,  impaiis  and 
injures  the  revenue.  A  general  non-intercourse  wiih  that  country  would  supersede  that  partial  measiW,  and  might 
be  executed  with  greater  facility.  And,  it  is  believed  that,  under  every  event,  its  repeal  will  be  beneficial,  and 
that  a  permanent  increase  of  duties  on  articles  selected  with  the  view  to  those  which  may  be  manufactured  in  the 
United  States,  would  be  preferable. 

4.  It  is  believed  that  the  present  system  of  accountability  of  the  militaiy  and  naval  establishment,  may  be 
rendered  more  prompt  and  direct,  and  is  susceptible  of  improvements,  which,  without  embarrassing  the  public 
service,  will  have  a  tendency  more  effectually  to  check  any  abuses  by  subordinate  agents.  Provisions  to  that  effect 
are  rendered  more  necessary  by  the  probable  increase  of  expense  in  those  depaitments. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,   Secretary  of  the  Treasury. 
Treasury  Department,  December  IQth,  1808. 


40        tt 


310 


FINANCE. 


[1808. 


A  Slaternent  exhibiting  the  amount  of  duties  which  accrued  on  Merchandise,  Tonnage,  Passports,  awl  Clearances, 
of  Debentures  issued  on  the  cxjmrlation  of  foreign  Merchandise,  of  payments  for  Bounties  and  JJUowances,  and 
for  expenses  of  Collection,  during  the  years  1806  a7td  1807. 


DUTIES  ON 

Debentures 
issued. 

Bounties  & 
Allowances. 

Gross 
Revenue. 

Expenses  on 
collection. 

Nett 

Merchandise. 

Tonnage. 

Passports  & 
Clearances. 

Revenue. 

1806 
1807 

26,336,848  63 
26,697,274  02 

220,908  67 
206,331   06 

20,588  00 
19,896  00 

9.146,875  00 
10,067,191  00 

198,784  32 
188.634  90 

17,232,685  98 
«  16.667,675  18 

617,256  05 
607,750  96 

16,615,429  93 
16,059,924  22 

(a)   Gross  Revenue  for  the  year  1807, 
Deduct  interest  and  storag-e, 

Gross  Revenue,  per  statement  B, 


§16,667,675   18 
15,514  69 

$16,6.52,160  49 


JI  Statement  of  the  amorml  of  American  and  Foreign  Tonnage  employed  in  foreign  trade,  for  the  year  1807,  as 

taken  from  the  records  of  the  Treasury. 

American  tonnage  in  foreign  trade,  ------        Tons,   1,089,876 

Foreign  tonnage,  ---------        86,322 


Total  amount  of  tonnage  employed  in  the  foreign  tra<ie  of  the  TJnited  States 


1.176,198 


Pn)porti(m  of  foreign  tonn.ige  to  (he  \\hole  amount  of  toiniagc  employed  in  the  foreign  trade  of  the 

United  States,      -  -  -  -  -  -  -  -    7.3  to  100 


B. 

A  Statement  exhibiting  the  value  and  quantities,  respectively,  of  merchandise,  o)i  tvldch  duties  actually  accrued 
during  the  year  X^Ql ,  (consisting  of  the  difference  between  articles  paying  duty.  Imported,  and  those  entitled  to 
drawback,  re-exported)  and,  also,  the  nett  revenue  lohich  accrued  during  that  year,  from  duties  on  merchandise, 
tonnage,  passports,  and  clearances. 

GOODS  PAYING  DUTIES  AD  VALOREM. 


(«) 


$36,261,874 

9,484,682 

526,112 


$46,272,668 


at.    125  per  cent. 


Additional  duty  on  $46,272,668. 


at 

15 

do. 

at 

20 

do. 

at 

2  A 

do. 

at 

29.4  cents  averaj 

at 

2.6    do.        do. 

at 

14.6    do.         do. 

at 

30.8    do.        do. 

at 

19.4    do.        do. 

at 

5       do. 

at 

5       do. 

(/>)  Spirits,  9,031.018  gallons, 
(c)  Sugar,  65,801,816  pounds, 
id)  P;dt,  3,542,672  bushels, 

(c)  Wines.  2,692,737  gallons, 
(/)  Teas,  6,173,151  pounds. 

Coffee,      11,016,419  pounds. 
Molasses,    8,255,753  gallons, 
{g)  All  other  articles. 


Deduct  duties  refunded,  after  deducting  therefraiii.  duties^ collected  on  merchandise, 
particulars  of  which  could  not  be  ascertained,  and  difference  in  calculation. 

Three  and  half  per  cent,  retained  on  drawbacks,        .     :     .  " 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise.  -  -  -  -  - 

Duties  on  tonnage,  _...--- 

Light  money,       -------- 


$4, .532,734  25 

1,422,702  30 

105,222  40 

1.156.816  70 

$7,217,475  65 

2,656,046  74 
1,694,432  20 
515,920  24 
829,292  81 
1,197,966  86 
550,820  95 
412,787  65 
807,638  13 


tht 


$15,882,381  23 


29,072  35 


159,983  51 
46,347  55 


15,853,308  88 
368,275  50 
203,349  05 

$16,424,933  43 


Duties  on  passports  and  clearances. 


Sundry  accounts  not  yet  received,  estimated  at 

Gross  revenue,  as  per  statement  A, 
Deduct  expenses  of  collection. 


Nett  revenue. 


206,331   06 
19,896  00 

$16,651,160  49 
1,000  00 

16,652.160  49 
607.750  96 

$16,044,409  53 


1808.]  STATE    OF    THE    FINANCES. 


311 


Explana/on/  S/utements  and  Xole.-;. 

(a.)  Additional  duty  of  two  and  a  half  per  cent.        ---....       ^j  15^81670 

Thiee  and  a  half  per  cent,  retained  on  drawbacks,         -  -  -  -  -  -  '  '  9*001  95 

Extra  duty  of  ten  per  cent,  on  merchandise  imported  in  foreign  vessels,  -  -  -  h'no  50 

$1,108,149  15 


(6.)  Spirits— From  grain.  1st  proof.  9.-?2,69-3  gallons,  at  28  cents,  -  -  -  Ssci  I5-{  ~r 

'•id  do  9,549  29  -  -  .  .  o'-^fio  .;;, 

3ci  do  402  31  -  -  .  .  \ll% 

4th  do  76,349  34  -  -  -  .  gr,  959   ... 

5th  do  666  40  -  -  .  _  ^'''f  rt  4 

Other  materials,  1st  &  2d  do  1,115,435  25  -  -  -  -  o-q  u^ia  4^ 

3d  do  3,017,756  28  -  -  -  .  ^f.'^j^  l^ 

4th  do  3,802,708  32  -  -  _  ,  oQ/nr'    rf 

5th  do  15  437  38  -  -  -  .  ''^^''S"  ;;,^ 

6th  do  '24  46  -  -  -  .  •''^ff  ;j 


Gallons.  9,031,018  $2,656,046  74 

(c.)  Sugar— Brown,  -  -  55,924,457  pounds  at  2i  cents,  -  -  -      ftl-^oqin   4- 


White,  -  -  9,877,359  3 


296,320  77 


Pounds,    65,801,810  $1,694,432  20 


(</.)  Salt — Imported,  bushels,  of  50  lbs.  .  -  .  .        2,106.429 

Exported,  -  -  -  -  -  -88,259 

Amount  of  bounties  and  allowances,  $188,634  90,  re- 
duced into  bushels,  at  live  bushels  the  dollar,  -     943,175 


1,031,434 


Paying  duty,  bushels  of  56  lbs.            -            -            -                    1,134,995  at  20  cents,  $236,999  00 
Imported,  bushels  ot  56  lbs.    -            -            -              2,430,604 
Exported,          -            ...            -                   22,927 

Paying  duty,  bushels  of  56"lbs.            -            -            -                   2,407,677  at  12  cents,  288,931  24 

Bushels,  3,542,672  $515,930~24 

(e.)  Wines— Madeira,  1st  quality                      221,630  gallons,  at  58  cents,  -  -            .        ^ioQ~r7T7~T7 

Ditto,       2d       do                                    27,420                          50              -  -  -              .                 n'rin  on 

Sherry  and  St.  Lucar,                    309,633                      40            •  -  .                        12^'s'n  "' 

Lisbon  and  Oporto,  &c.                  548,351                     30           -  -  i«a'^o'^  ■!> 

Burgundy  and  Champaign.               10,958                     45            -  -  -                            49",    ,,, 

Tenerifte,  Fayal,  Malaga,  &:c.       413,442                    28            -  -  ijr^r-,  l^ 

Other,  in  bottles,                              90,703                     35            -  -  .            "             -u  -it  nk 

Ditto,  in  casks,                            1,070,600                    23            -  -  -            .           246,238  00 

Gallons,  2,692,737  ^g.^t,  .i^^Vl 

(/•)  Teas— Bohea          -            -            -            1,544,731  pounds,  at  12  cents,  -  -            _        S;i85  -^o?  79 

Souchong,                 -              -              1,380,429                        18             ^  -  -              .            048'4„  U 

Hyson,        -            -            -               952.482                     32           -  -  .            .           304' 794  tl 

Other  green,           -            -            2,295,509                    20           -  -  .            .           45910180 

Extra  duty  on  teas  imported  from  other  places  than  India,            -  •  -            .                '•>^5  88 

Pounds,   0,173,151  $1,197,966~86 


312 


FINANCE. 


[1808. 


Explanatory  Statements  and  Notes — Continued. 


{g.)    ALL  OTHER  ARTICLES, 


Domestic  spirits,    - 

. 

. 

gallons, 

Beer, 

- 

- 

do 

Cocoa,     - 

- 

- 

pounds. 

Chocolate, 

- 

- 

do 

Sugar,  candy. 

- 

- 

do 

Loaf, 

- 

- 

do 

Other  refined. 

- 

- 

do 

Almonds, 

- 

- 

do 

Prunes  and  plums. 

- 

- 

do 

Currants, 

- 

- 

do 

Figs,        - 

- 

- 

do 

Raisins,  in  jars,  and  muscadel. 

•■ 

do 

Other, 

- 

- 

do 

Candles,  tallow,    - 

- 

- 

do 

Wax, 

- 

- 

do 

Cheese, 

- 

- 

do 

Soap, 
Tal  ovv, 

- 

- 

do 

- 

- 

do 

Mace, 

- 

do 

Nutmegs, 

- 

- 

do 

Cinnamon, 

- 

- 

do 

Cloves, 

- 

- 

do 

Pepper, 

- 

- 

do 

Pimento, 

- 

- 

do 

Chinese  cassia. 

- 

- 

do 

Tobacco,  manufactured,  other  than  s 

nutF&  cigars. 

Snuft; 

- 

- 

do 

Indigo, 

- 

- 

do 

Cotton, 

- 

- 

do 

Powder,  hair. 

- 

- 

do 

Gun, 

- 

- 

do 

Starch, 

- 

- 

do 

Glue, 

- 

- 

do 

Pewter  plates  and  dishes. 

- 

- 

do 

Anchors  and  sheet  iron, 

- 

- 

do 

Hoop  and  slit  iron. 

- 

do 

Nails, 

- 

- 

do 

Spikes. 

- 

- 

do 

Quicksilver, 

- 

- 

do 

Ochre,  yellow,  in  oil. 

- 

- 

do 

Dry,  yellow. 

- 

- 

do 

Spanish  brown, 

- 

- 

do 

White  and  red  lead, 

- 

.. 

do 

Lead,  and  manufactures  of  lead. 

- 

do 

Seines, 

- 

- 

do 

Cordage,  tarreil,    - 

- 

- 

do 

Untarred, 

- 

do 

Cables, 

- 

- 

do 

Steel, 

- 

- 

cwt. 

Hemp. 

- 

- 

do 

Yarn,  untarred. 

- 

- 

do 

Twine,  &c. 

- 

- 

do 

Glauber  salts. 

_ 

- 

do 

Coal, 

- 

- 

bushels, 

Fish,  dried,  or  smoked. 

- 

- 

quintals. 

pickled,  salmon. 

- 

- 

barrels. 

Mackerel. 

.. 

_ 

do 

All  other. 

- 

- 

do 

Glass,  black  quart  bottles. 

- 

- 

groce. 

Window,  luit  abovi 

■  8  by  10, 

lOOsq.  ft. 

D..           do 

10  by  1-2. 

- 

do 

Do         all  above 

10  by  le. 

- 

do 

Cigars, 

- 

- 

M. 

Lime, 

- 

casks. 

Boots, 

- 

- 

pairs. 

Shoes,  silk. 

- 

_ 

do 

Kid,  morocco,  &c. 

- 

- 

do 

All  other,    - 

- 

_ 

do 

Playing  cards, 

- 

- 

packs. 

Excess  of 
importa- 
tion over 
exportation. 


QUANTITIES. 


191 

189,151 

1,0-26,436 

2,882 

3,185 

34,834 

186,280 

560,253 

72,934 

321,424 

90,443 

367,738 

1,308,896 

150,028 

5,462 

150,310 

124,132 

1,429,503 


1,254 

426.024 

372,818 
61,707 

15,969 
155,792 

6,755 

201.899 

19,125 

70,139 

52,651 

846,008 

834,200 

3,072,238 

284,742 

23,072 

202,019 

754,785 

2,491,790 

2.000,897 

9,018 

492,478 

73,161 

71,231 

10,604 

131,886 

2 

3,399 

144 

569,425 

160,167 

7,180 

11,365 

12,535 

15,444 

18,953 

1,859 

3.842 

27,211 

131 

2,655 

14,016 

36,055 

10.011 

5,814 


Excess  of 
exportation 
over  import- 
ation. 


2,088 
2,786 

9,582 


815 


59,623 


17,284 


RATE 

OF 
DUTY. 


Cents. 


7 
8 
2 
3 

iH 

9 

6^ 
2 
2 

2 
2 
2 

H 

o 
6 

7 
2 

H 

125 

50 

20 

20 

6 

4 

4 

6 

10 

25 

3 

4 

4 

3 

4 

4 

H 
1 

2 
1 

6 

l.i 

1 

1 

2 

1 

4 

2 

-H 

2 

100 

100 

i  225 

i  400 

I  200 

5 

I  50 

100 

I  60 

!  40 

60 

160 

!  175 

J  225 

!  200 

50 

75 

25 

15 

I  10 

1  25 


EXCESS  OF 

DUTIES 
OVER  DRAW- 
BACK. 


$13 

15,132 

20,528 

86 

366 

3,135 

12,108 

11,205 
1,458 
6,428 
1,808 
7,354 

19,633 

3,000 

327 

10,521 
2,482 

21,442 


250  80 


25,561 

14,912 

2,468 

1,596 

38,948 

270 

8,075 
573 

2,805 

2,106 
12,690 

8,342 
61,444 

2,847 

346 
2,020 
7.547 

49,835 

20,008 

360 

9,849 

1,829 

1,424 

10,604 

131.886 

4 

13,.''>96 
288 

28,471 

80,083 
7,180 
6,819 
5,014 
9,266 

30,324 
3,253 
8,644 

54,422 
65 
1,991 
3,504 
5,408 
1,001 
1,453 


44 

72 
28 

90 
00 

20 
96 
75 
56 
04 
12 
00 
76 
42 

08 
19 
85 
80 
97 
72 
56 
02 
62 
00 
00 
50 
00 
00 
25 
50 
00 
00 
00 
40 
80 
25 
50 
00 
50 
25 
00 
25 
10 
50 


EXCESS 
OF  DRAW- 
BACK 
OVER  DU- 
TIES. 


2,610   00 

1,393  00 
1,916  40 


48  90 


1,788  69 


816,432  16 


1,037  04 


TOTAL. 


8,794  03 


807,638  13 


Treasury  Department,  Register^ 


Office,  November  l~t/i,  1808. 

JOSEPH  NOURSE,  Register. 


1808.] 


STATE   OF   THE    FINANCES. 


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FINANCE. 


[1808. 


Statement  C — Continued. 
Estimate  showing  when  the  instalments  which  compose  the  balance  due  from  individuals  will  become  payable. 


orncES. 

Remaining  due 

Becoming  due 

Becoming  due 

Becoming  due 

Becoming  due 

TOTAL 

in  1808. 

in  1809. 

in  1810. 

in  1811. 

in  1812. 

HALANCE. 

Marietta, 

$4,926  64 

$4,889  575 

$4,018  88 

$1,490  93 

$618  29 

$15,944    31^ 

Zanesvilk, 

41,433  78i 

66,371    13 

46,925  04 

24,011   47 

6,160  40 

184,901  82| 

Steubenville,   - 

120,082  27| 

148,871   10 

66,815  56 

26,112  71 

13,978  21 

375,859  85| 

Canton, 

- 

- 

11,046  85i 

11,725  83 

11,725  83 

34,498  511 

Chillicothe, 

84,601  76 

121,996  53 

54,595  52 

22,533  27^ 

4,649  20 

288,376  28^ 

Cincinnati, 

334,849  07| 

290,986  20 

216,386  14 

125,516  52 

21,521   86 

989,259  79J 

Do.  town  lots, 

- 

- 

2,288  81 

2,698  50 

2,698  50 

7,685  81 

Vincennes, 

923  5\k 

18,663  49 

34,528  69 

34,528  69 

7,866  87 

96,511   25| 

Jeffersonville, 

- 

" 

14,653  42 

16,990  97 

16,990  97 

48,635  36 

586,817  05i 

651,778  02^ 

451,258  9I5 

265,608  89,1 

96,210   13 

2,041,673  Oil 

Note. — The  latest  returns  from  Zanesville,  are  to  31st  July. 
Treasury  Department,  November,  1808. 


1808.] 


STATE   OF    THE    FINANCES. 


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316 


FINANCE. 


[1808. 


D. 


An  eslimale  of  the  principal  redeemed  of  the  Debt  of  the  United  States,  from  the  1st  October,l8m,to  the  30th  Sep-^ 
/Sr,  1808;  showing  the  redemption  of  the  Principal  of  the  said  debt,  from  the  \st  April,  ISOl,  to  the  30th 
September,  1808. 


#.' 


Redemption 
from  1st  Octo- 
ber,   1807,    to 
30th    Septem- 
ber, 1808. 


Redemption       Total  principal 

from  1st  April,    redeemed,    from 

1801,    to  30th  |lst  April,    1801, 


Sept'r,     1807, 
per  the  Secre- 
tary's report  of 
the  5th  Decem- 
ber, 1807- 


to  30th  Septem- 
ber,   1808. 


6.5 
03 


$4,895,437  18 


^  2,601,597  68 


I.  On  account  of  the  Domestic  Debt. 

Amount  of  warrants  issued  on  the  Treasurer  of 

the  LFnited  States,  on  account  of  the  interest  of 

the  domestic  debt,  of  the  reimbursement  of  the 

old  six  per  cent,  and  deterred  stocks,  and  of  the 

purchase  of  the  eigiit  per  cent,  and  exchanged 

six  per  cent,  stocks,  from   1st  October,  1807,  to 

the  30tli  September,  180S,  exclusive  ol   $320  "^ 

repaid  into  the  treasury,  was       - 
Deduct  interest  which  accrued  during 

the  same  period,  calculated  quarter 

yearly,      -  -  -  -     2,596,368 

And  loss  on  the  purchase  ot  stock,  5,229 

Reimbursement  of  the  navy  six  per  cent,  stock. 

Do.        ofthe  five  and  a  halt  per^cent.  stock, 
Do.         of  the  four  and  a  half  per  cent  stock, 
Payments  made  in  certificates  of  the  debt  of  the  United  States  on 
account  of  lands,    ------- 

Payments  made  to  foreign  officers,  and  Jor  certain  parts  of  the 
domestic  debt,        ------- 

Payments  on  account  of  domestic  loans,       -  -  -  - 

II.  On  account  of  the  Foreign  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer,  ex- 
clusive of  $3,366  70  repaid  into  the  treasury,  and 
$665  80  commissions  to  agents  purchasing  bills  of 
exchange,  was  -----    $790,14523 

Add  this  sum,  being  a  balance  unapplied  ot  a  remit- 
tance to  the  bankers  in  Amsterdam,  for  the  pur- 
chase ot  books  for  Congress,  and  which  is,  by  war- 
lant,  transferred  to  the  account  of  the  foreign  debt,  488  60 


Deduct  interest  accruing  thereon: 

On  the  Dutcli  debt,  including  commis- 
sions ai;d  charges,       -  "        .     ' 

On  the  Louisiana  six  percent,  stock,  in- 
cluding commissions. 

On  the  exchanged  six  per  cent,   stock, 
interest  payable  in  Europe,     - 

On  the  converted  six  per  cent,  stock, 
interest  payable  in  Europe,    - 


790,633  83 


And  loss  on  exchange. 


24,280  00 

676,121  28 

7,592  07 

15,757  84 

723,751  19 
-  26,680  84 


2,293,839  50 


1,011  34 


49  20 


9,375,893  80 
711,700  00 

1,847,500  00 
176,000  00 

267,229  36 

76,477  86 
3,440,000  00 


750,432  03 


11,669,733  30 

711,700  00 

1,847,500  00 

176,000  00 

268,240  70 

76,527  06 
3,440,000  00 


40,201  80   9,987,294  69  |  10,027,496  49 


Dollars, 


2,335,101   84     25.882,095  71   I    28,217,197  55 


Treasury  Department,  Registers  Office,  30th  November,  1808. 


JOSEPH  NOURSE,  Register. 


1809.] 


THE   MINT. 


317 


lOthCoNGRESSj 


No.  288. 


[2  d  Session. 


MINT. 

COMMUNICATED    TO    THE    SENATE,    JANUARY    5,    1809. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

I  communicate,  for  the  intormation  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operations  of 
that  establishment  during  the  last  year. 

TU:  ji<:fferson. 

January  5,  1809. 


Sir: 


Mint  of  the  United  States,  January  2d,  1809. 


I  have  the  honor,  once  more,  of  laying  before  you  an  annua!  report  of  the  operations  ot  the  mint. 
From  the  treasurer's  statement,  herewith  transmitted,  it  will  appear,  that,  during  the  last  year,  there  iiave  been 
struck  at  the  mint,  1,368,600  pieces  of  silver  coin,  amounting  to  $684,300;  58,288  pieces  of  gold  coin,  amounting  to 
$284,665;  and  1,509,000  pieces  of  copper  coin,  amounting  to  $13,090,  making  in  the  whole,  2,935,888  pieces  of  coin, 
amounting  to  $982,055. 

The  gold  and  silver  bullion  at  this  time  in  the  mint,  deposited  foi-  coinage,  amounts  to  upwards  of  $250,000;  and 
I  have  good  ground  to  assure  you,  sir,  that,  even  in  the  piesent  embarrassed  state  of  commerce,  the  banks  in  this  city 
alone,  will  be  able  to  furnish  an  ample  supply  of  bullion  for  a  long  time  to  come- 
I  have  the  honor  to  be,  with  sentiments  of  the  greatest  esteem, 

Your  most  obedient,  faithful  servant, 

R.  PATTERSON. 
Thomas  iKFFERsoti,  President  of  the  United  States. 


A  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  Sfates,from  the  1st  of  January  to  the  3lst  of  December, 

1808,  viz: 


GOLD  COINS. 

Amount  in  Dolls. 

Total. 

Half  Eagles. 

Quarter  Eagles. 

Quarter  ending  31st  March, 
Do.          30th  June, 
Do.          30th  September, 
Do.          31st  December,  - 

13,130 
15,297 
16,400 
10,751 

2,710 

72,425 
76,485 
82,000 
53,755 

58,288  pieces  of  gold  coins. 

55,578 

2.710 

Total  amount  of  gold  coins, 

- 

384,665 

130,000 
221,000 
135,000 
198,300 

SILVER  COINS. 

Half  Dollars. 

Quarter  ending  31st  March, 
Do.          30th  June, 
Do.          30th  September, 
Do.          31st  December, 

- 

260,000 
442,000 
270,000 
396,600 

1,368,600  pieces  of  sdver  coins,  - 

1,368.600 

684,300 

c 

1,340 
5,340 
6,410 

COPPER  COINS. 

Cents. 

Half  Cents. 

\ 

Quarter  ending  31st  March, 
Do.         30th  June 
Do.          30th  September, 
Do.         31st  December, 

102.000 
366.000 
641,000 

64,000 
336,000 

1,509,000  pieces  of  copper  coins. 

1,109.000 

400,000 

Total  amount  of  copper  coins, 

13.090 

2,935,888  Total  number  of  pieces. 

Amount  of 

all 

the  coins  struc 

k  in  1808, 

!5982,055 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1808. 


BENJAMIN  RUSH. 


41  tt 


318 


FINANCE. 


[1809. 


An  Mslract  qf  the  ordinary  expenses  of  the  Mint  of  (he  United  States,  from  the  1st  January  to  the  31s/  De- 
cember,   1808,  7nz: 


Salaries. 

Wages. 

Incidental. 

Totals. 

Quarter  ending  in  Marcii,       -            -            -            -            - 
June,          -            -            -            -            - 
September,             .            -           -           - 
December,             -            -            -            - 

2,650 
2,650 
2,650 
2,650 

1,796  22 
1,936  32 
1,993  62 
1,896  43 

683  56 

1,023  95 

586  85 

900  34 

5,129  78 
5,610  27 
5,229  47 
5,446  77 

10,600 

L . 

7,621   59 

3,194  70 

Amount, 

- 

$21,416  29 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  Slst  December,  1808. 

,     BENJAMIN  RUSH. 


loth  Congress.] 


No.  289. 


[2d  Sbssion. 


Siu: 


ANNUAL    RECEIPTS    FOR   SEVENTEEN    YEARS. 

COMMUNICATED   TO   THE    HOUSE   OF    REPRESENTATIVES,  JAN.    7,    1809. 

Treasury  Department,  January  4, 1809. 


I  have  the  honor,  in  compliance  with  the  resolution  of  the  House  of  Representatives  of  the  20th  ultimo,  to 
transmit  a  statement  of  the  sums  annually  received  at  the  treasury  of  the  United  States,  since  the  commencement 
of  proceedings  under  the  constitution;  and  also,  a  statement  exhibiting  the  annual  amount  of  the  respective  branches 
of  the  customs  and  the  charges  thereon. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Honorable  the  Speaker  qf  the  House  of  Representatives . 


1809.] 


ANNUAL   RECEIPTS. 


319 


Ji  General  Statement  of  the  Annual  Receipts  of  the  United  States,  from  the  commencement  of  the  present  Govern- 
ment, to  the  3lst  December,  1807. 


CUSTOMS. 

INTERNAL  REVENUE. 

Amount  of  imports  Duties  on  sp 

irits 

Direct  tax. 

Postag-e  of 

Sales  of  public 

Fees  letters  pa- 

Amount. 

Years. 

anti  tonnagfc. 

distilled,  &c. 

letters. 

lands. 

tent  for  land, 

fines,   penal- 

ties, and  for- 

feitures. 

1791 

4,399,472  99 

" 

311   00 

311   00 

1792 

3,443,070  85 

208,942 

81 

. 

- 

- 

- 

118  00 

209,060  81 

1793 

4,255,306  56 

337,705 

70 

- 

_ 

11,020  51 

- 

_ 

660  00 

319,386  21 

1794 

4,801,065  28 

274,089 

62 

- 

- 

29,478  49 

- 

_ 

570  00 

304,138   11 

1795 

5,588,461   26 

337,755 

36 

. 

- 

22,400  00 

- 

- 

600  00 

360.755  3G 

1796 

6,567,987  94 

475,289 

60 

- 

- 

72,909  84 

4,836 

13 

1,380  00 

554,415  57 

1797 

7,549,619  65 

575,491 

45 

- 

- 

64,500  00 

83.540 

60 

1.816  49 

725,348  05 

1798 

7,106,061   93 

644,357 

95 

- 

39.500  00 

11.963 

11 

1.022  00 

696,813  06 

1799 

6,610,449  31 

779,136 

44 

- 

- 

41,000  00 

- 

- 

17,711   81 

837,848  25 

1800 

9,080,932  73 

809,396 

55 

734,223 

97 

78,000  00 

443 

75 

15,249  84 

1,637.314   11 

1801 

10,750,778  93 

1,048,033 

43 

534,343 

38 

79,500  00 

167.726 

06 

3,950  54 

1.833,5.53  41 

1802 

12,438,235  74 

621,898 

89 

206,565 

44 

35,000  00 

188,628 

02 

4,213  96 

1,056,306  31 

1803 

10,479,417  61 

215,179 

69 

71,879 

20 

16,427  26 

165,675 

69 

4.240  00 

473,401   84 

1804 

11,098.565  33 

50,941 

29 

50.198 

44 

26,500  00 

487,526 

79 

5,480  83 

620,647  35 

1805 

12,936,487  04 

21,747 

15 

21,882 

91 

21,342  50 

540,193 

80 

3.079  42 

608,245  78 

1806 

14,667,698   17 

20,101 

45 

55,763 

86 

41,117  67 

765,245 

73 

2,400  00 

884,628  71 

1807 

15,845,521   61 

13,051 

40 

34.732 

56 

3.614  73 

466,163 

27 

5.643  62 

523,205  58 

Dolls. 

147,619,162  93 

6,433,118 

78 

1,709.598 

76 

582.311   00 

2.881,942 

95 

68,447  02 

11,675,409  51 

General  Statement — Continued. 


LOANS. 

.MISCELLANEOUS. 

Years. 

Temporary  loans, 

Funded  eight  and 

Foreign  loans. 

.\mount. 

Delitsdue  V.  States 

Proceeds  United  States 

Bank  U.  States, 

SIX     per    cent. 

under  ttie  late  Go- 

Bank stock  &  dividends 

&c. 

stocks. 

vernment. 

capital  stock  Bank  U.S. 

1791 

_ 

$361,391   34 

361,391   34 

10,143  28 

1792 

$2,556,595  56 

- 

2,545,902  89 

5,102.498  45 

4,702  82 

$8,028 

1793 

600,000  00 

- 

1,197,272  01 

1,797,272  01 

8,448  58 

38,500 

1794 

3.400,000  00 

- 

607,950  78 

4.007,950  78 

693  50 

303.472 

1795 

3,300,000  00 

- 

96,421  00 

3.396,424  00 

5,317  97 

160,000 

1796 

320,000  00 

- 

- 

320,000  00 

5,053  74 

1,240,000 

1797 

- 

70.000  00 

70,000  00 

17,714  95 

385,220 

1798 

200,000  00 

- 

200,000  00 

6,710  68 

79,920 

1799 

- 

5,000,000  00 

- 

5,000,000  00 

2,943  39 

71,040 

1800 

- 

1,565,229  24 

- 

1,565,229  24 

7,704  79 

71,040 

1801 

- 

- 

- 

- 

808   16 

88,800 

1802 

- 

- 

- 

- 

500  63 

1,327,560 

1803 

- 

- 

- 

- 

135  46 

. 

1804 

- 

- 

- 

_ 

- 

- 

1805 

- 

- 

- 

- 

- 

_ 

1806 

- 

- 

- 

- 

617    11 

- 

1807 

- 

- 

- 

- 

Dolls. 

11.376,595  56 

6,635,229  24 

4,808,941   02 

21,820,765  82 

71.495  09 

3.773.580 

General  Statement — Continued. 


MISCELLANEOUS — Continued. 

Years. 

Interest  on  6  per  cent, 
stock,    for     remit- 
tances to  Europe 

Cents  8c  lialf  cents,  interest  due 
on  notes,  and  surplus  jjained 
on  remittances  in  g-old,   re- 
payments. 

Sales  public    .stores,    proceeds 
prizes,  sale  revenue  cutters, 
sales  p-,:blic  armed  vessels.  Sec. 

Amount. 

Ag-greg-dte 
amount  for  each 
year. 

1791 
1792 
1793 
1794 
1795 
1796 
1797 
1798 
1799 
1800 
1801 
1802 
1S03 
1804 
1805 
1806 
1807 

$4,800 
42,800 

78,675 
10,125 

$23  82 

857  83 

1,281   79 

22,535  98 

10,072    10 
10,110  34 

7,597  00 
14,781   25 
27,531   64 
18,407  93 
21,757  52 
105,632  85 
92,908  80 
15,960  38 

6,450  00 
84,112  25 

$4,240  00 

738  00 

3,363   13 

9,751    11 

24,225  83 

242,982  52 

151,433  75 

5,509  87 

14,185  on 

537  05 

$10,167   10 

17,828  65 

48.230  37 

326.701   48 

170,117  97 

1.297,926   14 

413,783  29 

176,265  81 

98,515  75 

130,502  26 

361.123  61 

1.501.251   90 

111.278   18 

107,094  70 

15.960  38 

7.604   19 

.S4,1I2  25 

$4,771,342  43 

8,772,458  76 

6,450,195   15 

9.439,855  65 

9.515,758  59 

8,740,329  65 

8,758,780  99 

8,179,170  80 

12,546,813  31 

12.413.978  34 

12,945,455  95 

14,995,793  95 

11.064,097   63 

11,826,307  38 

13,560.693  20 

1 5.-559,931    07 

16,452,839  44 

Bolls. 

136,400 

440,021   78 

456,967   16 

4.878,464  03 

185,993,802  29 

Treasury  Department.  Re^ister^s  Office,  December  31s/.  1808. 


JOSEPH  NOURSE,  Register. 


320 


FINANCE. 


[1809. 


Statement  showing  the  amount  of  the  respective  branches  qfthe  Customs,  and  the  charges  thereon,  from  the  com- 
mencement of  the  present  Government  to  the  2\st  December,  1807. 


To    31st 

GROSS   AMOUNT  OF 

Decem- 
ber. 

Duties  on  Mer- 
chandise. 

Duties  on  Mediter- 
ranean Fund. 

Duties  on  Ton- 
nage. 

Light  Money. 

Passports  and 
Clearances. 

Fines,  Penaltiea, 
8i.c. 

1791 
1792 
1793 
1794 
1795 
1796 
1797 
1798 
1799 
1800 
1801 
1802 
1803 
1804 
1805 
1806 
1807 

$6,494,225  42 
4,938,074  65 
6,598,445  31 
8,588,382  98 
11,163,370  23 
12,581,167   12 
12,866,984  69 
11,402,185   17 
15,251,952  68 
16,003,779  77 
20,594,331   48 
14,843,132  91 
14.265,346  48 
19,886,210  01 
22,299.859   17 
24,825,592   10 
25,530.832  54 

610,187  61 
1,334,194  57 
1,373,655  38 
1,446,685  01 

$375,223  28 
157.365  25 
120,608  82 
80,113  38 
86,889  58 
92,854  09 
103.665  20 
107,253  88 
128,698  39 
143,523  71 
188,147  79 
163,266  64 
166,639   13 
160,029  31 
156,949  63 
166,798  31 
162,128  95 

49,300  16 
59,300  85 
52,531  06 
46,554  90 

4,508 
13,886 

9,978 
12,518 
14,804 
18,238 
13,982 
15,966 
17,366 
18,954 
20,318 
19,896 

$4,234  95 

479  61 

1,931  49 

2,699  27 

3,473  22 

3,337  19 

15,613  12 

8,199  23 

10,726  38 

14,889  09 

20,993  37 

16,893  15 

15,343  23 

10,724  00 

30,167  76 

4,327  83 

4,231  35 

$248,133,872  74 

$4,664,722  57        $2,560,255  34 

$207,686  97 

$180,414 

$168,264  24 

STATEMENT— Continued. 


GROSS  AMOUNT  OF 

PAYMENTS  FOR 

To   31st 

Decem- 

Unclaimed 

Marine  Hospital 

Surplus  of 

Drawback  on 

Drawback  on 

Drawback   on  ex- 
ported    domestic 
distilled  spirits,  in 
consideration  of  im- 

Drawback  on 

ber. 

Merchandise. 

Money. 

Official  Emo- 
luments. 

Merchandise  Ex- 
ported. 

Mediterranean 
Fund. 

domestic  manu- 
factured   Snuff 

* 

■ 

post  on  molassses. 

exported. 

1791 

$69,805  85 

. 

1792 

- 

- 

137,861  57 

- 

$136,428  21 

- 

1793 

- 

- 

- 

279,809  83 

- 

89,051  70 

1794 

- 

- 

- 

1,615,574  44 

- 

42,641  97 

1795 

- 

- 

- 

2.898.765  79 

- 

49,247  55 

- 

1796 

- 

- 

- 

4,784,050  12 

- 

117,014  98 

5,214  87 

1797 

956  74 

- 

- 

4,207,728  43 

- 

69,135  54 

14,702  33 

1798 

474  72 

- 

- 

4,799,498  27 

- 

42,267  80 

630  06 

1799 

35,673  56 

- 

- 

5,780,662  72 

- 

56,400  34 

- 

iSOO 

4,428  76 

- 

- 

6,193,725  52 

- 

80,076  01 

- 

1801 

6,530  00 

- 

- 

6,832,399  27 

37,699  33 

- 

1802 

966  59 

109.954  56 

2,232  69 

6,087,465  42 

- 

91,919  63 

- 

1803 

2,234  51 

54,933  21 

3,190  43 

2,610,661   06 

- 

24,957  56 

- 

1804 

1,233  32 

58,210  98 

1,535  20 

5,112,714   18 

810  54 

710  05 

- 

1805 

804  40 

58,005  98 

21,428  43 

8,012,837   12 

137.584   17 

- 

, 

1806 

1,676  80 

66,820  01 

27,170  92 

9.465,904   11 

243,645  78 

63  68 

1807 

3,225  47 

61,474  47 

42,592  95 

9,737,351   80 

268,207  35 

- 

$58,204  87 

$409,399  21 

$98,150  62 

78,616,815  50 

$650,247  84 

$837,614  35 

$20,547  26 

STATEMENT— Continued. 


PAYMENTS  FOR 

To    31st 

NETT  AMOUNT  OF 

Decem- 

Drawback  on    ex- 

Bounty on  export- 

Allowance to  ves- 

Expenses at- 

Expenses on  col- 

CUSTOMS. 

ber. 

ported  domestic  re- 

ed pickled  fish  and 

sels   employed  in 

tending  prose- 

lection of  the 

fined  sugar,  in  con- 

provisions, in  con- 

fisheries, in  consi- 

cutions. 

customs. 

sideration  of  impost 

sideration   of   im- 

deration of  impost 

on  brown  sugar. 

post  on  salt. 

on  salt  for  dried  fisli. 

1791 

w 

$29,682  31 

. 

$490  62 

$239,541   03 

$6,534,263  84 

1792 

- 

44,772   17 

- 

178   15 

161,754  79 

4,614,924  63 

1793 

- 

16,731    16 

72,965  32 

552  89 

188,362   13 

6,073,512  59 

1794 

- 

13,767  85 

93.768  91 

1,038  37 

021,090  23 

6,683,313  86 

1795 

4,339   12 

14,854  81 

66.280  47 

486  31 

260,359  28 

7,959,409  70 

1796 

21,098  36 

16,998  99 

76,889  63 

1,271   59 

391,206  91 

7,368,120  94 

1797 

12.796   13 

12,398  53 

80,475  76 

2.333  34 

343,434  26 

8,258,111   43 

1798 

3,279  80 

19,220   12 

94.684  30 

184   10 

375,879  33 

6,192,447  22 

1799 

4,984  42 

20.769   15 

128.605  87 

615  05 

412,183  45 

9,035,348  01 

1800 

5,783  86 

18,325  31 

87,853  45 

3,940  70 

440,373  62 

9,351,346  96 

1(501 

9,432  58 

28,586  33 

74,520  92 

137  06 

482.772  70 

13,362,702  40 

1802 

16,729  28 

29,700  63 

104,447  93 

700  08 

492,205  55 

8,327,360  03 

1803 

6,838  48 

34,790  04 

117.173  57 

1,278  53 

405.536  37 

11,322,437  39 

1801 

441   50 

46,922  90 

145,986  93 

1,913  45 

488.333  24 

14,996,965  03 

1805 

- 

37.746  32 

1.52,927  73 

1,147  03 

.557,541   94 

14,979,880  49 

1806 

181  69 

.37.133  72 

162,191   99 

665  90 

613,785  88 

16,015,317  66 

1807 

- 

37,414  03 

161,254   17 

24,883  51 

615,621   71 

16,492,889  07 

1         $85,885  22 

$449,814  32 

$1,620,026  73 

$41,795  67 

$6,589,982  42 

$167,568,241  25 

Treasurt  DaPARTMENT,  Register'' s  Office,  December  31,  1808. 


JOSEPH  NOURSE,  Register. 


1809.] 


DUTIES   AND  DRAWBACKS. 


321 


lOth  Congress.] 


No.  290. 


[Ist  Sessioh. 


DUTIES    AND    DRAWBACKS. 

COHraUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  13,  1809. 

Sir:  Treasury  Departmp:nt,  January  11,  1809. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  anil  (irawbacks  on  ojoods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1805,  180G,  and  1807. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


A  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundi-y  articles  exported  from  the  United  State 
the  years  1805,  1806,  and  1807,  compared  ivith  the  amount  of  JDuties  collected  on  the  same,  respectively. 


United  Slates,  in 


(DISB. 

Ilf   THK  TEAR  1805. 

IF  THE  TEAIl    1806. 

IN  THE   TEAR    1807. 

■  FECIES  OF  MEttCHA! 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Merchandise — 

Dollars. 

Dollars. 

Dollars 

Dollars. 

Dollars. 

Dollars. 

Paying  a  duty  of  12^  per 

cent,  ad  val. 

- 

42,239 

- 

168 

bo         '      13J 

do 

- 

2,410 

Do               15 

do 

5,792,800 

834,456 

6,493,372 

1,160,844 

6,709,598 

1,256,450 

Do               15i 

do 

- 

- 

17,858 

3,2.54 

37 

1,969 

Do               16i 

do 

338,539 

151,949 

189,333 

96,335 

98,790 

54,138 

Do               17i 

do 

1,339,132 

109,881 

1,636,240 

201,526 

1,861,965 

223,270 

Do               19i 

do 

72,046 

18,292 

58,721 

15,194 

44,330 

10,690 

Do              20 

do 

- 

18 

Do               22i 

do 

86,419 

8,190 

129,797 

10,038 

127,468 

12,892 

Do               24| 

do 

16,103 

1,274 

11,480 

1,482 

5,679 

865 

Wines,  Madeira, 

- 

171,592 

48,194 

226,271 

44,382 

178,466 

34,530 

Burgundy  and  Champaigne,  - 

2,556 

732 

3,701 

794 

5,873 

904 

Sherry  and  St.  Lucar, 

130,339 

8,696 

135,588 

9,946 

143,447 

17,568 

Claret, 

- 

86,086 

58,745 

51,345 

38,062 

70,651 

37,359 

Lisbon,  Oporto,  &( 

-.  - 

90,148 

1,396 

145,993 

3,212 

173,918 

6,921 

'I'eneriffe,  Fayal,  &c . 

289,824 

57,078 

93,089 

70,210 

154,331 

36,020 

All  other,      - 

- 

956,983 

699,368 

644,712 

574,390 

980,818 

705,390 

Spirits,  distilled  tVom  grain 

- 

178,881 

54,425 

387,429 

28,632 

344,181 

50,936 

Do             from  otiiei 

miiterials. 

2,545,499 

402,661 

3,056,364 

312,942 

2,792,001 

401,357- 

Do            from  domestic  do.     - 

94 

13 

Molasses, 

- 

465,645 

1,200 

430,305 

1,422 

415,358 

1,225 

Beer,  Ale,  and  Pdrter, 

- 

21,534 

4,544 

17,615 

2,938 

17,747 

2,517 

Tea,  Bohea, 

- 

63,565 

7,889 

49,261 

757 

190,613 

1,499 

Souchong, 

- 

371,655 

159,849 

508,687 

222,424 

396,820 

135,689 

Hyson,  &.c. 

- 

234,088 

77,565 

293,907 

84,412 

429,109 

119,834 

Other  Green,     - 

- 

359,442 

101,673 

549,999 

109,208 

610,099 

145,651 

Coffee, 

- 

2,345,853 

1,992,982 

3,265,335 

2,259,761 

2,865,818 

2,150,843 

Cocoa, 

- 

122,277 

74,968 

158,521 

122,653 

185,191 

157,033 

Chocolate,     - 

- 

132 

1 

98 

32 

109 

21 

Sugar,  Brown, 

- 

4,152,366 

2,550,880 

4,204,548 

2,304,061 

4,221,561 

2,691,284 

White  Clayed, 

- 

1,245,284 

924,918 

1,022,579 

923,717 

1,406,390 

1,065,804 

Loaf  and  Candy, 

- 

5,507 

5,154 

598 

124 

3,506 

4 

Other  refined, 

- 

15 

- 

63 

12,108 

Almonds, 

- 

3,548 

603 

7,902 

2,120 

15,271 

3.907 

Currants, 

- 

828 

- 

7,581 

133 

8,394 

1,897 

Prunes  and  Plums,     - 

- 

4,501 

1,062 

2,277 

904 

1,948 

472 

Figs,              - 

- 

5,062 

523 

8,476 

274 

2,631 

791 

Raisins,  in  jars  and  boxes. 

- 

21,468 

4,153 

17,139 

1,575 

10,227 

2,771 

Do     all  other. 

- 

31,210 

1,387 

37,021 

763 

23,983 

4,197 

Candles,  Tallow, 

- 

3,218 

1,286 

8,349 

4,577 

9,391 

6,136 

Wax, 

- 

252 

97 

400 

20 

415 

84 

Cheese, 

- 

32,735 

26,266 

55,031 

35,293 

55,544 

43,435 

Soap, 

- 

33,025 

27,504 

52,765 

34,630 

34,164 

30,288 

Tallow, 

- 

7,737 

536 

33,836 

5,938 

24,513 

1,816 

Spices,  Mace, 

- 

14,094 

1,388 

16,486 

19,056 

5,889 

8,141 

Nutmegs,      - 

- 

14,702 

1,536 

9,281 

8,695 

2,873 

4,073 

Cinnamon,     - 

- 

4,061 

1,036 

1,766 

3,468 

1,797 

1,492 

Cloves, 

- 

13,368 

3,593 

6, 16  J 

10,558 

9,411 

10,916 

Pepper, 

- 

247,204 

271,896 

298,692 

173,170 

249,520 

209,806 

Pimento, 

- 

5,531 

4,783 

23,317 

3,486 

45,271 

28,473 

Chinese  Cassia, 

- 

15,470 

11,999 

11,727 

4,197 

7,261 

4,589 

Tobacco, 

-             - 

404 

:25 

831 

416 

330 

365 

Snuff, 

- 

1,366 

686 

2,981 

1,087 

6,797 

5,017 

Indigo, 

- 

118,886 

92,763 

189,263 

116,509 

232,141 

185,186 

Cotton, 

- 

75,488 

69,372 

71,553 

44,697 

110,465 

107,388 

Powder,  Hair,             - 

- 

274 

28 

457 

228 

294 

19 

Gun, 

- 

27,540 

1,286 

11,240 

2,922 

9,685 

1,520 

Starch, 

-            - 

292 

19 

443 

5 

576 

Glue, 

- 

1,507 

171 

4,281 

35 

2,812 

5 

Pewter  Plates  and  Dishes, 

- 

2,726 

- 

3,128 

2,106 

Anchors  and  S!ieet  Iron, 

- 

11,171 

- 

8,766 

13,046 

3rs 

322 


FINANCE. 


[1809. 


STATEMENT— Contiuued. 


SPEIIES  OF   MESCBAirUISE. 


Hoop  and  Slil  Iron,  - 

Nails,  _  _  _ 

Spikes,  _  _  _ 

QiiicksiKer,  -  -  - 

Paint,  Ochre,  Ytllow,  in  Oil,  - 

Di'y  Yellow,    - 

Spanish  Brown, 

White  and  Red  Lead, 

Lead,  and  manufactures  of,  - 

Seines,  _  _  _ 

Cordage,  Tarred, 

Do.        Untarred,    - 

Cables,  -  -  - 

Steel,  -  -  - 

Hemp,  _  _  _ 

Untarred  Yarn,  -  - 

Twine  and  Pack-thread, 

Glauber  Salts,  -  - 

Salt,  _  _  _ 

Coal,  _  _  _ 

Fish,  Dried,  -  -  - 

Pickled,  Salmon, 

Mackerel,  —  - 

All  other. 

Glass,  Hiack  Qtiart  IJottles,  - 

Window, 

Cigars,  -  _  _ 

Lime,  -  -  - 

Boots,  -  -  - 

Shoes  and  Sli|)pers  of  Silk, 

Do.   all  other, 

Cards,  Wool  anil  Cotton,  - 

Do    Playing,  -  - 

Dollars, 


IN  TQK  lEAB   1805. 


Duties 

received. 


Dollars. 

2,019 

83,516 

-1,735 

5,575 

375 

1.831 

6,842 

43,530 

45,607 

194 

17,434 

1,601 

1,256 

10,274 

115,946 

12,793 

896 

765,804 

25,810 

77,800 

7,505 

6,708 

4,602 

12,992 

.53,031 

34,274 

305 

1,984 

3,805 

10,260 

3,537 


23,545,114 


Drawback 
p.ayable. 


Dollars. 

272 
12,845 

158 
61 
40 
67 
11 

317 

443 

1,268 
63 

498 


366 


2,413 
204 


3,535 
281 
885 

131 

1,420 
4,742 


IK    THE  YKAU   1806. 


Duties 
received. 


8,955,745 


Dollars. 

3,359 

84,636 

4,109 

6,424 

390 

1,264 

6,198 

53,853 

38,276 

446 

11,341 

1,188 

889 

13,468 

117,014 

14,729 

207 

862,694 

15,857 

120,638 

7,537 

9,739 

7,108 

15,433 

54,009 

50,661 

170 

3,212 

4,371 

11,484 

2 

2,985 


Drawback 

payable. 


26,197,658 


Dollars. 

597 

22,552 

24 

3,211 

56 

63 

709 

2,499 

18 

6,404 

242 
1,171 


1,240 

16,376 
90 


2,873 
1,191 
4,101 

328 
2,544 
3,910 


9,146,875 


IN  THE  YEAR   1807. 


Duties 
received, 


Dollars. 

10,641 

85,123 

2,860 

1,409 

390 

2,176 

7,650 

50,617 

23,305 

361 

19,941 

1,846 

1,676 

13,231 

132,389 

5 

14,387 

287 

731,508 

28,874 

88,043 

7,869 

7,500 

5,470 

12,214 

42,734 

59,812 

66 

2,096 

18,434 

2,205 

1,964 


26,709,833 


Drawback, 
payable. 


Dollars. 

2.153 

22,600 

9 

2,349 

38 

148 

86 

384 

3,112 

8,707 

229 

2,427 

10 

751 

19,689 
153 


2,807 

405 

4,581 

91 
9,123 
1,132 

485 


10,067,191 


TaEAsnBY  Depabtmint,   Register's  Office,  January  9,   1809. 


JOSEPH  NOURSE,  Register, 


lOthCosGKESS.] 


No.  291.  [8d    Sessiow. 


SINKING    FUND. 

COMMUNICATED    TO    THE    SENATE,    FEBRUARY    0,   1809. 

,:  WA.sHiNGTof*,  Februcay  4,  1809. 

The  Commissioners  ot  the  Sitilving  F"uikI  lespectiuli}  lepo:!  to  Congress  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  report  ot"  the  5th  of"  February, 
1808.  so  liir  as  the  same  have  been  completed,  are  fully  detailed  in  tiie  report  of  the  Secretary  of  the  Treasury  to 
this  Board,  dated  the  third  day  of  the  present  month,  and  in  the  statements  tiierein  referred  to,  which  are  herewith 
transmitted  and  prayed  to  be  received  as  part  of  this  report. 

JOHN  MILLEDGE,  President  of  the  Senate,  pro  tempore. 

ALBERT  GALLATIN,  Secretary  of  the  Treanury. 

CiESAR  A.  RODNEY,  Attorney  General  of  the  United  States. 

The  Honorable  the  Presioe.nt  of  the   Senate. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  remaining  unexpended  at  llie  close  of  the  year  1806,  and  applicable  to  payments 
falling  due  after  that  year,  which  balance,  as  appears  by  the  statement  B,  annexed  to  the  last 
annual  report,  amounted  to  one  million  eight  hundred  and  eighty -six  thousand  three  hundred  and 
fifty -eight  dollars  and  ten  cents,        --------- 

Together  with  the  disbursetnents  made  during  the  year  1807,  out  of  the  treasury,  on  account  of  the 
principal  and  interest  of  the  public  debt,  which  disbursements,  as  appears  by  the  statement  C, 
annexed  to  the  last  annual  i-eport,  amounted  to  six  millions  three  hundred  and  forty-seven 
thousand  four  hundred  and  sixty-five  dollars  and  eighty-four  cents,  -  -  .  . 

And  with  a  further  sum,  arising  from  a  profit  on  the  remittances  from  America  to  Europe,  purchased 
in  the  year  1807,  which  profit,  as  appears  by  the  statement  D,  annexed  to  the  last  annual  report, 
amounted  to  nine  thousand  four  hundred  and  twenty-seven  dollars  and  fifty-eight  cents, 


$1,886,358  10 


6,347,465  64 


9,427  58 


And  amounting,  altogether,  to  eight  millions  two  huudred  and  forty-three  thousand  two  hundred  and 


fifty -one  dollars  and  fitty-two  cents, 


-    $8,243,351   52 


1809.1  '^^^  SINKING    FUND.  323 


Have  been  accounted  for  in  the  following  manner,  viz: 

I.  There  was  repaid  into  the  treasury,  during  the  year  1807,  on  account  of  the  principal  of  protested 
bills  of  exchange,  of  moneys  heretofore  advanced  for  the  payment  of  interest  and  reimbursement 
of  the  funded  domestic  debt,  and  of  moneys  ailvanced  for  the  purchase  of  stock,  as  appears  by 
the  statement  E,  annexed  to  the  hist  animal  report,  a  sum  of  sixty-one  thousand  one  hundred  and 

eighty  nine  dollars  and  sixty-six  cents,  -  -  -  -  '..".'  '         $61,189  6G 

II.  'I^he  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amount,  as  will 
appear  by  the  statement  A,  to  seven  millions  three  hundred  and  sixty-one  thousand  three  hundred 
and  forty-three  dollars  and  seventy-seven  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  -  -  $3,727,168  97 

2.  Paid  on  account  of  the  interest  and  charges  on  the  same.       -  -  3,634,174  80 

7,361,343  rr 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1807,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B,  to  eight  hundred  and  twenty  thousand  seven  hun- 
dred and  eighteen  dollars  and  nine  cents,      --------        820,718  09 

S8,243,251   53 


That,  during  the  year  1808,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  princi- 
pal and  interest  of  the  public  debt,  viz: 
I.  On  account  of  the  reimbursement  and  interest  of  tlie  domestic  debt,         ..  -  .  .    $9,405,63129 

II.  On  account  of  the  domestic  unfunded  debt,  .....--  4920 

III.  On  account  of  the  principal  and  interest  of  the  foreign  debt,  and  of  the  interest  on  the  Louisiana 
V     stock,  and  on  exchange  and  converted  stocks,  payable  in  Europe,  .  -  .  -        924,343  11 

Amounting,  altogether,  as  will  appear  by  tiie  annexed  list  of  warrants  C,  to  ten  millions  three  hun- 
dred and  thirty-thousand  and  thirteen  dollars  and  sixty  cents,  -  -  -  $10,330.013  60 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 
I.  From  the  balance  remaining  unexpended  at  the  end  of  the  year  1807,  of  the  annual   appropria- 
tion of  eight  millions  of  dollars  for  that  year,  which  was  paid  at  the  treasury,  out  of  the  pro- 
ceeds of  duties  on  goods,  wares,  and   merchandise,  imported,  and  on  the  tonnage  of  ships  or 
vessels,  and  which  balance,  as  stated  in  the  last  annual  report,  amounted  to      -  -  -       $711,529  81 

II.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year 
1808,  viz: 
From  the  fund  arising  from  the  interest  on  the  debt  transferred   to  the  commis- 
sioners of  the  sinking  fund,  as  per  statements  I.  -  -  -  $1,035,028  93 
From  the  funds  arising  from  the  sale  of  public  lands,  being  the  amount  paid  into 
the  treasury  from  the  1st  October,  1807,  to  30th  September,  1808,  as  per  state- 
ment K,     -            -            -            -            -            -            -          .  -            -            -       600,508  29 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 

the  tonnage  of  vessels,      --------    6,364,462  78 

Amounting,  altogether,  to  - 8,000,000  00 

III.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage  of 

ships  or  vessels,  advanced  in  pari,  and  on  account  of  the  animal  appropriation  for  the  year  1809,     1,547,301  48 

IV.  From  repayments  into  the  treasury,  on  account  of  remittances  purchased  for  providing  for  the 
foreign  debt,  and  of  advances  made  to  commissioners  of  loans,  and  agents  tor  the  purchase  of 
stock,  as  will  appear  by  the  statement  E,  viz: 

Repayment  of  principal  advanced  from  the  treasury,        -  .  -  -      $68,795  11 

Damages  and  interest  recovered,  _  .  .  -  .  -  2,366  70 


71,161  8i 


V.  From  the  moneys  appropriated  by  law,  for  paying  commissions  to  agents  employed  in  the  pur- 
chase of  remittances,  for  the  Dutch  debt,  (the  commissions,  for  the  purchase  of  remittances  on 
account  of  interest  on  Louisiana  stock,  and  on  exchanged  and  converted  stocks,  payable  in 
Europe,  having  been  paid  out  of  the  animal  appropriation  of  eight  millions  of  dollars)  being 
the  amount  paid  at  the  treasury,  during  the  year  1808,  for  that  object,  as  will  appear  by  the 
statement  C,  ----------  -  20  50 

10,330,013  60 
That  the  abovementioned  disbursements,  together  with  the  above  stated  balance,  which  remained 

unexpended  at  the  clo?s  of  the  year  1807,  of  ..----.        820,718  09 

And  amounting,  altogether,  to  eleven  millions  one  hundred  and  fifty  thousand  seven  hundred 
and  thirty-one  dollars  and  sixty-nine  cents,      -  -  -  -_  -  -    11,150,731  69 

Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then 

have  been  rendered  to  the  Treasury  Department. 
That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied  is  estimated  as  foUoweth: 

I.  The  repayments  into  the  treasury,  on  account  of  principal,  have,  during  the  year  1808,  amounted, 

as  by  the  above  mentioned  statement  E,  to  -  -  -  -  -  -_  -  68,795  11 

II.  The  sums  actually  applied,  during  the  year  1808,  to  the  principal  and  interest  of  the  public  debt, 
are  estimated  as  foUoweth: 

1st.  Paid  in  reimbursement  of  the  principal  ot  the  public  debt,  -  -      6,986,963  40 

2d.    Paid  on  account  of  interest  and  charges  on  the  same,  -  -  -     3,434,531  09 


10,421,494   49 


As  will  appear  by  the  estimate  F. 

III.  The  balance  which  remained  unexpended  at  the  close  of  the  year  1808,  and  applicable  to  pay- 
ments falling  due  after  that  year,  is  estimated,  as  per  estimate  G,  at       -  -  -  -        660,442  09 

$11,150,731   69 


That,  in  conformity  with  th-e  proceedings  and  resolutions  of  the  commissioners  of  the  sinking  fund,  ot  the  23d 
March,  1807,  a  copy  whereof,  marked  M,  was  annexed  to  the  last  annual  report,  a  further  sum  of  eight  per  cent- 
stock  was  purchased  during  the  year  1808,  amounting  to  190,000  dollars,  for  $193,100  75  specie,  as  will  appear  by 
tlie  statement  L. 

That,  in  pursuance  of  the  act  of  February  11,  1807,  books  were  opened  on  the  1st  of  July,  1807,  at  the  several 
loan  offices,  and  at  the  treasury,  and  continued  open  until  the  17th  day  of  March,  1808,  for  the  reception  of  sub- 
scriptions of  the  old  six  per  cent.,  deferred,  and  three  per  cent,  stocks,  and  the  issue  of  new  six  per  cent,  stocks  in 


324  FINANCE.  [1809. 

lieu  thereof,  and  that  agents  were  appointed  to  receive  subscriptions  of  the  same  at  London  and  Amsterdam, 
pursuant  to  the  4th  section  of  the  said  act. 

That  the  amount  of  old  stocks  surrendered,  and  new  stocks  issued,  in  consequence  of  these  subscriptions,  is 
exhibited  in  the  annexed  statement  M,  by  which  it  appears  that  there  were  surrendered — 

Certificates  of  old  six  per  cent,  stock,  of  the  nominal  amount  of         -            -            -            -            -  $7,435,767  61 

Certificates  of  deferred  six  per  cent,  stock,  of  the  nominal  amount  of            •            -            -            -  1,940,672  01 
In  lieu  of  which  certificates  of  exchanged  stock  for  the  unredeemed  amount  of  the  said  certificates 

of  old  six  per  cent,  and  deferred  stocks,  were  issued,  amounting  to          -            -            -            -  6,294,051  13 

And  there  were  surrendered  certificates  of  three  per  cent,  stock,  amounting  to        -            -            -  2,861,309  15 

In  lieu  of  which  certificates  of  ro«t)er/ef/ s/otA:  were  issued,  amounting  to    -            -            •             -  1,859,850  70 

And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  the  commissioners  of  the  sinking  fund, 
and  to  the  Treasurer  of  the  United  States,  in  trust  for  said  States,  to  the  31st  December,  1808,  including  the  sum 
of  $272  35  cents,  transferred  in  the  year  1808,  in  payment  for  public  lands. 
All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
Treasury  Department,  February  3,  1809. 


Statement  of  the  application,  during  the  year  1807,  of  the  funds  provided  for  the  payment  of  the  principal  and 

interest  of  the  Public  Debt. 

I.  Payments  on  account  of  the  principal  of  the  public  debt.  ^ 

1.  Of  the  domestic  debt,  viz: 

Reimbursement  of  old  six  per  cent,  stock,            ...            -  $1,092,82651 

Do.  deferred  stock, 369,515  31 

As  per  treasury  report.  No.  20,805,        ....  1,462,341  82 

Do.  of  the  whole  of  the  four  and  half  per  cent,  stock,  -  176,000  00 

Amount  of  exchanged  stock,  purchased  by  the  commissioners  of  the  sinking 
fund,  per  statement L,  annexed  to  last  annual  report,  $300,007  62 

Do.  of  eight  per  cent,  stock,  purchased  by    do.    per    do.  866,700  00 


Reimbursement  of  unfunded  registered  debt,  including  arrearages 
of  interest,  -  -  "        .  "       .     "  '  "        "'^^l  '^ 

Do.  of  debts  due  to  foreign  officers,  including  do.  637  76 


Reimbursement  of  the  foreign  debt,  viz:  Guilders. 

Last  instalment  of  loan  of  3,000.000  of  January  1,  1792,    600,000 
Third         do.  do.         3,000.000  of  January  1,  1794,     600,000 

Last  do.  do.        2,000,000  of  Feb'ry    1,1784,    500,000 

Last  do.  do.        2,950,000  of  June       1,  1792,    600,000 


1,166,707  62 


2,119  53 


Guilders,    2,300,000  at  40  cents,  920,000 


II.  On  account  of  interest  and  charges. 

1 .  On  the  domestic  debt. 

Interest  for  the  year  1807,  on  the  several  species  of  the  domestic  funded  debt,  as  settled  at 

the  Treasury,  - fa)  2,849,819  59 

,  Do.  on  Louisiana  stock,  domesticated,      -----  840  00 

Commissions  paid  to  agents  for  purchase  of  stock.  -  -  -  2,900  38 

Difference  between  moneys  applied  to  purchase  of  stock  and  the  amount 

of  stock  purchased,        -------  17,267  35 

2.  On  the  foreign  debt. 

Interest  paid  on  Dutch  debt  at  Amsterdam,     158,000 
Premium  on  loan  of  1st  February,  1784,  50,000 


$3,727,168  97 


Guilders,      208.000  at  40  cents,  $83,200  00 


Interest  on  Louisiana  stock,  from  1st  July,  1806,  to  July,  1807,  viz: 

Payable  in  Amsterdam,  guild's,  750,000  00  at  40  cts.  $300,000  00 
In  London,  £84,246  15  at  4s.  6rf.    374,430  00 

Commissions  and  charges,  viz: 

Guilders. 
At  Amsterdam,  including  Louisiana  stock,  6,082  15  at  40  cts.  $2,433  10 
At   do.  loss  in  exchange  on  a  bill  drawn 

at  Paris,        -  -  -  -         450  05  at  do.  180  10 

At  London,  on  Louisiana  stock,  (6;         £421  04  7  at  4s.  6rf.   1,872  13 


674,430  00 


4,485  33 


7 

Commissions  to  agents  in  America  for  purchasing  bills,        -  -  1,232  15 


763,347  48 


3,634,174  80 

$7,361,343  77 


Notes  to  Statement  A. 


(fly/ The  amount  of  interest  payable  in  1807,  by  the  treasury  statement,  is  -  -  -  $2,849,819  41 

To  which  is  here  added  tins  sum,  being  a  difterence  in  the  calculation  of  dividends  on  the  books 

of  the  commissioner  of  loans  for  Massachusetts,  in  the  3d  quarter  of  1807,        -  -  18 

$2,849,819  59 


(6)  The  bankers  at  London  charge,  in  their  accounts,  a  commission,  amounting  to  £425  15s.  4rf.  which  is  erro- 
neous, and  is  occasioned  by  their  charging,  in  their  account  for  the  half  year,  ending  June  30th,  1807,  a  commission 
OQ  the  amount  of  moneys  received  by  them,  instead  of  charging  it,  as  they  ought,  on  the  amount  pata. 

Treasury  Department,  Register's  Office,  February  3,  1809. 

JOSEPH  NOURSE,  Register. 


1809.]  THE  SINKING    FUND. 


B. 

Statement  of  the  provision  made,  before  the  l,s7  dai/  of  January,  IHOH.  for  the  payment  of  the  principal  and  interest 

of  the  Ihiblic  DeblJ'allini;  due  after  ll'ie  year  18()7. 

1.  On  account  of  the  Foreign  Debt. 

1.  Cash  in  flu- liatuls  ol  commissioners  and  agents  in  Kuropi',  viz: 

III    Ainstoitlam,   on    31st   December,    1807,    per 

treasuiy  report.  No.  •-20,388  (a)    •  (hiilders,  1,280,958   15  3 

From  which  tk-duct  a  hahince  clue  the  commis- 
sioner in  Antwerp,  whicli  had  not  been  paid  at 
the  end  of  the  year  1807,       -  -  .  -    1,0.18     I 


1,379,710  14     3 

At  40  cents,       $511,884  28 
hi  London,   |)er  account  rendered,  of  December 

31st,   1807,  {b)      -  -  -  .  £45,267     0     10 

At  4,','.  ad.  201,186  85 


n3,071    13 


3.  Amount  of  payments  made  at  the  treasury  before  the  1st  January,  1808,  for  bills 
which  have  been  protested  lor  non-payment,  and  which,  on  that  day,  had  not  been 
repaid  into  the  treasury,  (c)  --..-..  13,357  00 


?r 


II.  On  account  of  the  Domestic  Debt. 

Cash  in  the  hands  of  agents  for  the  purchase  of  stock,  on  the  3lst  December,  1807,  per 

statement  L,  accompanying  last  annual  report,  -  .  -  ,      110,804  92 

From  wiiich  deduct  amount   short    provided  for  the  payment  of  dividemis  on  the 
domestic  debt,  as  follows: 

The  demands  on  this  account,  unsatisfied  on  the  1st  January.  1808,  were  the  follow- 
ing, viz: 

1.  Dividends  payable  by  commissioners  of  loans,  including  the  dividend  due  on 
that  day.  and  exclusive  of   dividends  no  longer  deinanuable  at  their 

offices,  -  ■  -  -  -  -  -  -  -         1,391,005  95 

2.  Unclaimed  dividends  payable  at  the  treasury,  .  _  .  .  '   i3,ro1  53 


726,428   13 


The  provision  made  for  these  objects  was  as  follows: 

1.  Cash  due  from  commissioners  of  hians  deceased, and  out 

of  office,         -------  $10,050  34 

2.  Cash  in  the  hands  of  conunissioners  of  loans,  in  office,       1,378,230  18 

3.  Amount  over  advanced  atthe  treasury  for  payment  of 

dividends.  -  -  -  -  -  -  12  00 


1,404,807  48 


1,388,292  52 
—    16,514  96 


Leaving  the  sum  shor(  provided  on  the  1st  January,  1808,  for  the  payment  of 

dividends  on  the  domi^stic  debt,     -------  ..  _      94,289  96 


Total  amount  o!"  provision  for  the  public  debt,  remaining  unapplied  on  the  31st  December,  1807,        $820,718  09 

Notes  to  Statemknt  B. 

(«.)  The  balance  in  the  hands  of  the  commissioners  at  Amsterdam,  by  the  treasury  report 

referred  to,  is        -  -  -  -  -  -  -  -  Guilders,     1,282,180  05     3 

In  which  is  included  a  sum  of  Guilders,  1,221  10  transferred  by  the  connnissioners  in  the 
year  1806,  from  the  account  of  Robert  R.  Livingston,  (being  a  balance  remaining  to  iiis 
credit,  of  moneys  remitted  for  the  purchase  of  books  for  Congress.)  anil  placed  to  tlie 
credit  of  ihe  account  of  the  Dutch  debt.  This  sum,  though  passed  in  the  treasury  books 
to  the  proper  account  by  warrant,  dated  December  31st,  1807,  did  nut  appear  in  the 
statement  annexed  to  the  sinking  fund  report  of  last  year,  among  the  funds  provided  in 
the  year  1807.  for  the  Dutch  debt.  It  appears  among  the  funds  provided  in  1808,  by 
the  statement  herewith,  marked  D.  It  is  therefore  to  be  deducted  from  the  balance 
stated  to  be  in  the  hands  of  the  commissioners  on  the  31st  December  1807,  ■  -  1,221   10    0 


Leaving,  as  here  stated,        -  .  -  .  .  Guilders,  1.280,958  15  3 

(6.)  Thel)alance  stated  in  the  banker's  accounts,  (adding  the  dividend  of  January  1st.  1808,  charged  by  them  one 
day  before  it  was  payable)  is    -  -  -  -  -  -       '  -  £45,228  11  5 

To  which  is  added  an  error  as  explained  in  note  {b.)  to  statement  A,  accompanying  the  last  an- 
nual sinking  fund  report,  not  yet  corrected  by  the  bankers  in  their  accounts,  -  -        33  18  5 

And  a  further  sum,  for  an  error  in  their  accounts  for  the  half  year  ending  June  30th,  1807,  .as  ex- 
plained in  note  («.)  to  statement  A,  above,  -  -  -  ..  -  4   10  9 


Making,  as  here  stated,        ----..  £45,267  0  7 

(c. )  Statement  of  protested  bills  outstanding  December  31st,  1807. 

Guilders 
Purchased  before  1802.     A.  Brown's  bill   for  -  -  -        60,000=     $24,000 

Purchased  in  1802.     Brown  &  Hackman's  do.  -  -  60,000  24.000 


120,000  48,000 

On  which  the   following    partial  re-payments  were   made  previous  to  31st  December,  1807,  viz: 
In  the  year  1805,  as  heretofore  stated,  -  -  -  -       $18,143 

And  in  the  year  1807,  per  statement  E,  annexed  to  the  annual  report  of  last 

year,  ----..-  16,500 

834,643 

Leaves  the  sum  in  sutementB,  -  _  .  .  $13,357 

48  tl 


326 


FINANCE. 


[1809. 


The  protested  bills  outstanding  December  .'51.  1806,  per  note  (c.)  to  statement  B,  annexed  to  the  annual 

report,  dated  February  1,  1808,  amounted  to  -  -  -  -  -  -       $37,857 

Since  that  time  no  bills  have  been  protested;  and  the  amount  repaid  in  1807,  per  statement  E,  annexed  to 

the  report  of  February  4,  1808,  amounted  to  --....         24,500 


And  left  outstanding,  on  31st  December,  1807,  as  here  stated. 


$13,357 


Treasury  Depaktment,  Register's  Office,  February  3,  1S09. 

JOSEPH  NOURSE,  i?et"-is?er. 


List  of  JfarrantH  drawn  according  to  law,  dwiiig  the  year  1808,  on  the  Trea.uacroft/ie  United  Stales,  on  account 

of  the  Interest  and  Keimbiirsement  of  the  Domestic  Debt- 


Number  of 

Date 

Warrants. 

9751 

Feb. 

9763 

44 

<N 

9779 

4. 

17, 

9821 

March 

8, 

9822 

4b 

44 

9823 

44 

44 

9824 

4* 

44 

9842 

44 

19, 

9843 

4» 

44 

9844 

44 

44 

9845 

4. 

44 

9846 

44 

4. 

9847 

44 

4» 

9851 

44 

21. 

;i854 

44 

22 

9870 

4  4 

26' 

9871 

•- 

4( 

9872 

44 

44 

9874 

4C 

28, 

9950 

44 

31. 

9951 

4> 

4b 

9952 

44 

(• 

9953 

April 

1, 

9954 

bi 

(4 

9955 

44 

4» 

106 

June 

3. 

107 

bto 

*• 

108 

•  4 

44 

109 

£4 

4> 

131 

'• 

18, 

132 

b4 

44 

133 

*' 

44 

134 

«w 

4b 

135 

4* 

44 

136 

44 

cc 

142 

44 

20, 

143 

44 

4» 

148 

44 

24. 

149 

i4 

•  b 

150 

4» 

4b 

151 

44 

b  b 

153 

4. 

44 

205 

-" 

30, 

379 

August 

8, 

437 

Septr. 

9, 

438 

44 

4b 

447 

44 

15. 

450 

(4 

n, 

452 

44 

bb 

451 

44 

44 

453 

C4 

b  b 

454 

b( 

4. 

455 

40 

4t 

458 

■' 

ly. 

469 

4  % 

22, 

474 

4> 

26. 

475 

4. 

•• 

477 

44 

<. 

480 

4  b 

28, 

534 

•  b 

30, 

617 

Oct. 

15, 

616 

44 

4b 

694 

Dec. 

5, 

695 

4>> 

44 

696 

44 

7, 

697 

h4 

4b 

706 

44 

10, 

709 

4k 

12, 

710 

44 

b( 

In  whose   favor. 


Dollars.  Cents. 


1808, 


Jonathan  Burrall. 
Peter  Roe  Dalton, 
Jonathan  Burrall. 
William  Gardner, 
Sherwood  Haywood, 
Isaac  Neufville, 
James  Alger, 
Benjamin  Au.'siin. 
Christopher  Ellery, 
Jonathan  Bull, 
William  Few, 
James  Ewing, 
John  Page, 
Edward  Hall, 
Stephen  Moylan, 
George  Simpson. 
James  Davidson,  Jr. 
Thomas  T.  Tucker. 
John  Stockton, 
John  Page, 

Do. 

Do. 
James  Davidson,  Jr. 

Do. 

Do. 
W'illiam  Gardner, 
Sherwood  Haywood. 
Isaac  Neufville, 
James  Alger, 
Benjamin  Austin, 
Christopher  Ellery, 
Jonathan  Bull, 
William  Few, 
James  Ewing, 
John  Page, 
James  Davidson.  Jr. 
Stephen  Moylan. 
Edward  Hall, 
John  Stockton, 
George  Simpson, 
James  Davidson,  Jr. 
Thomas  T.  Tucker. 
John  Page, 
Sherwood  Haywood, 
William  Gardner, 
Isaac  Neufville, 
John  Pooler, 
Benjamin  Austin, 
Jonatiian  Bull. 
Christopher  Ellery, 
William  Few. 
James  Ewing, 
John  P.ige, 
Edward  Hall, 
Stephen  Moylan, 
George  Simpson, 
James  Davidson,  Jr. 
Thomas  T.  Tucker, 
John  Stockton, 
John  Page, 
James  Davidson,  Jr. 

Do. 
Sherwood  Haywood. 

Do. 
Jonathan  Bull, 

Do. 
Peter  Roe  Dalton, 
William  Gardnei-, 

Do. 


$50,000  00 

50,000  00 

50,000  00 

5.800  00 

2,250  00 

34,000  00 

1,000  00 

150,000  00 

12,000  00 

19.000  00 

275,000  00 

3,900  00 

1,000  00 

23,577  56 

210,914  60 

75,186  04 

20,226  43 

3,130  IG 

2,719  43 

3,479  55 

677  34 

2,951   00 

4  50 

9,990  55 

3,446  58 

5,780  00 

1,800  00 

32,000  00 

800  00 

148,000  00 

10,650  00 

19,000  00 

250,000  00 

4,800  00 

3,000  00 

5,533  58 

213,479  37 

23.275  57 

2,697  79 

72.599  91 

21,296  83 

3,118   12 

947  81 

2,000  00 

5,950  00 

32,000  00 

1,200  00 

151,000  00 

19,100  00 

11.200  00 

245.000  00 

4.800  00 

7,500  00 

22,552  56 

211,350  70 

71,352  28 

21,342  24 

3,118   13 

2,618  27 

377  27 

4,114  20 

354  08 

40,800  00 

1,800  00 

38,800  00 

40,000  00 

1,245   16 

11,300  00 

7,900  00 


1809.] 


THK    SINKING    FUND. 


LIST — Coiitifiueil . 


327 


Number  of 

■Warrants. 

711 

Dec. 

1-!, 

1808. 

712 

713 

~ 

■7-24 

Ul. 

" 

725 

726 

'* 

727 

" 

728 

729 

" 

730 

731 

- 

732 

" 

733 

" 

740 

~\. 

' 

741 

748 

•" 

■J6. 

" 

749 

T50 

753 

754 

755 

756 

757 

" 

762 

*■ 

;ii. 

9873 

Miucli 

26. 

152 

June 

24. 

■■ 

476 

Septr. 

26. 

•" 

751 

Deci-. 

26. 

■■ 

752 

In  wliose  favdr 


Isaac  Neulville. 
Do. 

.follll  Pddici-. 

IJeiijaiuin  Ilanisoii, 

Do. 
James  Ewiiig, 

Do. 
William  Few. 

Do. 
Cliiistopher  Kllery, 

Do. 
Benjamin  Austin, 

Do. 
Edward  Hall, 

Do. 
George  Simpson, 
.lames  Daxidson.  Jr. 
Tliomas  T.  Tiicker, 
Ste[iheti  Moylaii, 

Do. 
John  Stockton. 

Do. 
James  Davidson,  Jr. 
Benjamin  Harrison, 
'riiomas  T.  Tiickei-. 

Do. 

Do. 

Do. 

Do. 


71 


$242,02 

245,321  82 

242,631  82 

305,047  38 

600.508  29 


Dollars.  t;ts. 


«65,000  00 

82,600  00 

1,000  00 

27,500  00 

8,000  00 

21,700  00 

7,700  00 

1,192,600  00 

465,000  00 

175,400  00 

18,500  00 

876.500  00 

280.000  00 

163,000  00 

46,172  80 

137,614  45 

39,682  72 

5,040  .37 

726,062  7>^ 

:i20,011    71 

44,400  00 

4,191   57 

270,100  00 

4,500  00 


i. 635. 537   22 
$9,405,621  29 


List  of  ff'arraiils  drawn  according-  to  la/r,  duririij;  the  year  1808,  on  the  Treasurer  of  the  United  Stales,  on  arcuntit 

of  Interetit  and  Reimbursement  of  the  eapitnl  of  the  Dutch  Debt. 


Number  of 
Warrants. 


300 
337 
430 

442 

466 
467 
593 


Date. 


July 
Sepr. 

Ocfi-. 


16. 
19. 
o. 
12, 
20. 


1 808. 


In  whose  favor. 


Albert  Gallatin. 
George  Simpson, 
Jonathan   Bi.rral!. 

Do. 
!)avi<l  Harris, 

Do. 
Alliert  (iallatin.  - 


To  which  add  wanani  No.  171,  dated  .jlst 
Decendjer,  1-^07,  for  the  balance  of  a  sum 
renutted  to  the  bankers  at  Amsterdam,  for 
ill','  purchase  of  books  for  Congress,  under 
iheduection  of  Robert  R.  LivingMon,  late 
Minister  at  Paris:  which  balance  was.  by 
direction  of  the  Secretary  of  the  'i'reasiiry. 
ii-anslerretl,  by  said  commissioners,  to  the 
account  for  the  payment  of  the  Dulchdebr. 
and  made  applicable  to  tliat  object. 


Dolls.   Cts. 


84.360  40 

11.000  00 

2(».').000  33 

63.000  00 

8.200  00 

20  50 

1.640  00 


i*.123  221    2." 


IsR  (If I 


i-323.7()9  si.-i 


Included  in  the  foregoing  list 
September  20,  No, 


of  v/ai'rant-.  i 
bill-,  at  the 
,  to  D:n  id  Hani-. 


.  ihe  folli)wiiig   warr.mt    for   commi^-ion 
•ate  of  (i!u'-foiirth  of  one  percent. 


to  an   agent 


or   puri-iiaMn.i; 
*-J0  id 


328 


FINANCE. 


[1809. 


List  of  Warrants  draivn  according  to  law,  dnring  the  year  1808,  on  the  Treasurer  of  the  United  States,  on  account 
of  the  payment  of  interest  on  the  Louisiana  and  the  exchanged  and  converted  stocks. 


Number  of 

Date. 

'S 

In  whose  favor. 

Dollars.  Cts. 

Warrants. 

9687 

January         4, 

1808, 

Jonathan  Burrall, 

$58,500  00 

9774 

February      16, 

" 

George  Simpson.            -                   .                   - 

101,207  20 

9828 

March           11, 

" 

Jonathan  Burrall,          -     .             • 

98,422  19 

9858 

•'               23, 

" 

Do.                   ... 

146  25 

9859 

a                    a 

" 

Do. 

246  05 

9860 

((                      a 

" 

George  Simpson, 

253  00 

443 

Sept.             12, 

" 

Jonathan  Burrall, 

78,368  00 

460 

»               19, 

" 

George  Simpson, 

9.926  92 

461 

"■                 20, 

" 

Do. 

7,561   63 

468 

»                  21, 

" 

Jonathan  Burrall, 

39,965  29 

482 

"                 28. 

" 

Peter  Roe  Dalton, 

76,999  97 

589 

October          5, 

" 

George  Simpson, 

7,045  13 

652 

November     8, 

" 

Jonathan  Burrall, 

965  83 

688 

"               29, 

'' 

Peter  Roe  Dalton, 

20,500  00 

689 

cc                      cc 

" 

Do.                    ... 

100,333  33 

705 

December    10. 

Do.                    .                  .                  - 

192  50 

$600,633  28 

Included   in  the   above   list  of  warrants,  are  the  following  warrants  for  commissions  to  agents  who  purchased  the 

bills,  at  one-fourth  of  one  per  cent. 

March  23,  No.  9858,  to  Jonathan  Burrall,  .......  $14625 

"         "     "      9859,  to                 do.  -                  -                  -                  -                  -                  -  246  05 

"        "    "      9860,  to  George  Simpson,  -                -                -                -                -                -  253  00 

652,  to  Jonathan  Burrall.  -                -                -                -                -                -  965  83 

705,  to  Peter  Roe  Dalton,  -               -               -               -               -               -  192  50 


Nov. 
Dec. 


10, 


$1,803  63 


Amount  draivn  according  to  law,  during  the  year  1808,  on  the  Treasurer  of  the  United  Stales,  for  paying  certain 

parts  of  the  domestic  debt. 


Number  of 
Warrant. 

Date. 

In  whose  favor. 

Dollars.   Cts. 

62 

May           2,        1808, 

John  Davidson,    .               .               -               . 

49  20 

RECAPITULATION. 

Interest  and  reimbursement  of  the  domestic  debt. 
Interest  and  reimbursement  of  the  capital  of  the  Dutch  debt, 
Interest  on  Louisiana,  exchanged  and  converted  stocks,     - 
Paying  certain  parts  of  the  domestic  debt, 


Treasury  Department,  Register''s  Office,  January  31,  1809. 


$9,405,621   29 

323.709  83 

600,633  28 

49  20 

$10,330,013  60 


JOSEPH  NOURSE,  Register. 


D. 

.^mounl  of  remittances  during  the  year  IR08, onaccount  of  the  Butch  Debt,  and  payment  of  interest  on  the  Louisiana, 

the  exchanged,  and  the  converted  six  per  cent,  slocks. 


£  Sterling,  s.  d. 

19,715   16  7 

at 

175 

2,000     0  0 

at 

172:* 

21,500     0  0 

at 

3 

16,562     5  5 

at 

6i 

8,437   It  7 

at 

6d 

16..500     0  0 

at 

5 

21,500     0  0 

at 

5 

£106,215  16  7 

- 

INTEREST  ON  LOUISIANA  STOCK,   &C. 

per  cent.      .     .     . 

cc 

"    advance. 


$101,207  20 

98.422  19 

78.394  75 

39,938  54 

76,999  97 

100,333  33 

$495,295  98 


1809.] 


THE   SINKING   FUND. 


329 


Guilders. 
150,000  0  0 
24,212  0  0 
18,443  0  0 
17,183  4  12 
50,000  0     0 


259,838 

4   12 

Guilders. 

100,000 

0  0 

20,000 

0  0 

500,000 

16  8 

150,000 

0  0 

10,635 

2  8 

4,000 

0  0 

1,221 

10  0 

785,857 

9  0 

at  39  cents  per  ^guilder, 
at  41      "  '" 

at  41      "  " 

at  41       "  " 

at  41      "  •' 


DirrCH  LOANS 

at  41 

cents 

pel 

guilder, 

„ 

at  41 

(( 

tk 

- 

at  41 

a 

a 

- 

at  42 

a 

i< 

- 

at  41 

t( 

a 

- 

at  41 

a 

.i 

- 

at  40 

n 

n 

- 

$58,500  00 

9,926  92 

7,561    C3 

7,045   12 

20,500  00 


$41,000  00 

8,200  00 

205,000  33 

63,000  00 

4,360  40 

1,640  00 

488  60 


Applied  to  remittances. 
Paid  agents  for  commissions. 


103,533  67 


598,829  65 


323,689  33 

$922,518  98 
1,824    13 

$924,343   11 


Warrants  issued  in  the  year  1808,  on  account  of  Dutch  debt,  per  statement,  -  -  .  $323,709  83 

Warrants  issued  in  the  year  1808,  on  account  of  interest  on  Louisiana  6  per  cent,  stock,  per  statement,    600,633  28 

$924,343   11 


LOSS  ON  REMITTANCES. 


Interest  on      ^  £  Sterling,  106,216  16    7 
Louisiana  stock,  t  Guilders,     259,838    4  12 


at  par, 

at  40  cents, 


Loss  on  remittances  on  account  of  interest  on  Louisiana  stock, 

Dutch  debt,  G.  785,857  9  0,  at  40  cents, 

Loss  on  remittances  for  payment  of  Dutch  debt, 


Loss  on  remittances  for  payment  of  interest  on  Louisiana  stock, 
Loss  on  remittances  for  payment  of  interest  on  Dutcli  debt. 


Treasury  Department,  Register's  Office,  31st  January,  1809. 


-     $472,070  33 
103,935  29 


$576,005  62 
22,824  03 

-     $314,342 
9,346 

98 
35 

Total  loss, 


$598,829  65 

323,689  33 
$922,518  98 


$22,824  03 
9,346  35 

$32,170  38 


JOSEPH  NOURSE,  Register. 


E. 

Statement  of  repayments  made  into  the  Treasury,  during  the  year  1808,  on  account  of  the  Public  Debt. 


Warrants. 

On  whom  drawn. 

Principal 
unpaid. 

Damag'es&c 
recovered. 

Amount  of 

Warrant. 

Date. 

No. 

1808. 

Dolls.   Cts. 

Dolls.  Cts. 

Dolls.  Cts. 

March  9. 

1117 

William  Imlay,  for  money  heretofore  advanced  him  for  pay- 

ing interest  on  the  funded  debt,         -            .            -            - 

$320  78 

320  78 

June    30, 

1171 

John  Stephen,  for  a  protested  bill  recovered  from  the  estate 

of  Beal  Owings,          .-...- 

1,300  00 

1,300  00 

ti             u 

1172 

Alexander  J.  Dallas,  recovered  from  Francis  Gurney,  and 

others,  owners  of  the  ship  China.      -            .            -            - 

1,066  70 

1,066  70 

Dec.      2, 

1198 

Jonathan  Burrall,  for  balance  of  moneys  heretofore  advanced 

fur  the  purchase  of  stock,       ..-.-- 

10,573  75 

10,573  75 

i(        ti. 

1199 

George  Simpson,            ditto,                        ditto. 

16,019  34 

16,019  34 

ib        fab 

1200 

Peter  Roe  Dalton,          ditto,                       ditto. 

41,881  24 

41,881   24 

68,795  11 

2,366  70 

71,161  81 

Treasury  Department,  Register's  Office,  January  31,  1809. 


JOSEPH  NOURSE,  Register. 


330  FINANCE.  '  [1809. 

F. 

An  Estimate  of  the  application  made,  in  the  year  1808,  of  the  funds  provided  for  the  payment  of  the  principal  and 

interest  of  the  Public  Debt. 

I.  On  account  of  the  principal. 

1.  Amount  of  eight  per  cent,  stock,  purchased  by  the  commissioners  ot  the  sinking  fund,  per  statement  L,  here- 
with,      -                -                -                -                -                -                -                -  $190,000  00 

•2.  Reimbursement  of  six  per  cent,  and  defened  stocks,  estimated  at  -                -  1,254,014  20 

3.  Do            of  the  whole  of  the  eiglit  per  cent,  stock,               -               -  5,302,900  00 

4.  Do            of  the  unfunded  registered  debt,  including  arearages  of  interest,  49  20 

5.  Do  of  foreign  debt,  viz: 

Fourth  instalment  of  loan  of  G.  3,000,000,  of  1st  January,  1794,  600,000  guilders, 
40  cents  per  guilder,    ------  200,000  00 

$6,986,963  40 

II.  On  account  of  interest  and  charges. 

1.  Interest  on  the  domestic  funded  debt,  estimated,  for  1808,  at  -  -  $2,688,684  89 

2.  Do      on  Louisiana  stock  domesticated,  -  -  -  .  2,805  00 

3.  Commissions  to  agents  for  purchase  of  stock.     -  -  -  -  475  oo 

4.  Difference  between  moneys  applied  to  purchase  of  8  per  cent  stock,  and  the  amount  of 

stock  purchased,  ......  3,100  75 

5.  Interest  and  charges  on  foreign  debt,  viz: 

Interest  on  exchanged  and  converted  stocks,  payable  in  London  and 

Amsterdam,  (1st  July  and  1st  October,  1808)        -  -  5,394  94  / 

Interest  on  Dutch  debt  at  Amsterdam,    guilders,  60,000 
Charges  on  ditto,  ditto,  -  1,015 

61,015at40cents=24,406  00 
On  Louisiana  stock  in  London  and  Amsterdam,  interest  and  charges,  675,670  00 


705,470  94 
Loss  in  exchange,  per  statement  D.  herewith,  -  -  32,170  38 

Commissions  to  agents  in  America  for  purchasing  bills,  -  1.824  13 


739,465  45 


3.434,531  09 
$10,421,494  49 


G. 

An  Estimate  of  the  funds  provided,  before  the  1st  January,  1S09,  for  the  payment  of  the  principal  andinterest  of  the 

Public  Debt  falling  due  after  that  day. 

I.  On  account  of  the  Foreign  Debt. 

Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  on  the  31st  December,  1807,  per  preceding 

statement  B,  -  -  -  -  -  -  -  -  -         $713,071  13 

The  remittances  made  during  tlie  year  1807,  per  preceding  statement  D,  are  as  follow,  viz: 

To  Amsterdam,  •  -         (V.  1,045,695  13  12,  at  40  cents,      $418,278  27 

To  London,  -  £       106,215   16     7.  at  4!.-.  6(/.  472.070  33 

890,348  60 


Total  to  be  accounted  for,  -  1,603,419  73 

The  amount  applied,  during  the  year  1808,  per  preceding  estimate  F,  is  calculated  to  have  been, 
for  principal,  ..---..        $240,000  00 

For  interest  and  charges,    -  -  -  -  -  -  -  705,470  94 

945,470  94 

The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may.  therefore,  be  esti- 


mated, on  31st  December,  1808,  to  be  -----  -  657,948  79 

The  amount  of  protested  bills  outstanding  on  the  same  day,  was  as  follows,  viz: 

Purchased  before,  C  A.  Brown's  bill,  -  G.  60,000  =  $24,000  ? 

and  in.  1802,       t  Brown  and  Hackman's  do.         -  60.000=    24,0003  In  suit. 

Of  which  there  has  been  received  in  part. 

Remains  outstanding,  .  .  .  - 

II.   From  which  deduct,  on  account  of  the  Domestic  Funded  Debt: 

For  unclaimed  dividends,  demandable  at  the  treasury,  and  not  yet  advanced   to  the  bank  for  pay- 
ment to  the  creditors,  estimated  at  ------  -         10,863  70 

$660,442  09 


48,000 
34,643 

13,357  00 

671,305  79 

RECAPITULAriON. 


The  balance  remaining  unexpended  31st  December.  1807,  per  preceding  statement  B,  was  -         $820,718  09 

Amount  advanced  from  the  treasury  in  the  year  1808,  per  preceding  statement  C,  was     -  -       10,330,013  CO 

$11,150,731  69 


The  amount  estimated  to  have  been  applied  to  the  public  debt  in  1808,  per  preceding  estimate  F,  is     $10,421,494  49 
Repayments  into  the  treasury  in  1808.  on  account  of  the  principal  of  advances  for  tlie  domestic  debt. 

per  preceding  statement  E,     --------..  68,795  11 

Provision  in  advance,  applicable  to  the  payments  of  the  year  1809.  pei-  preceding  estimate  G.  66o'442  09 

$11,150,731   69 


1809.] 


THE  SINKING   FUND. 


33i 


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F  J  NANCE. 


[1809. 


I. 

Statement  of  moneys  arising  from  interest  on  Stock  trajinf erred  to  the  United  States,  being  the  amount  drawn  by 
the  Jlgent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  1808,  pursuant  to  tfie  act  of 
8th  May,  1792,  agreeably  to  a  statement  No.  21,209,  made  at  the  Treasury. 


1808,  March          26,  Warrant  No.  9,873, 

June              24,        do.  152, 

September  26,        do.  476, 

December    26,        do.  751, 


Treasury  Department,  Register's  Office,  January  31,  1809. 


$242,027  91 
245,321  82 
242,631  83 
305,047  38 

$1,035,028  93 


JOSEPH  NOURSE,  Register. 


K. 

Statement  of  moneys  drawn  by  the  Agent  to  the  Trustees  for  the  redemption  of  the  Public  Debt,  in  the  year  1808. 
being  on  accowit  of  moneys  received  into  the  Treasury  from  sales  of  Public  Lands,  pursuant  to  the  act  of  the 
3d  March,  1795,  agreeably  to  statements  made  at  the  Treasury. 


1808,  December  26,  Warrant  No.  752,  per  treasury  statement,  No.  21,209, 
Treasury  Departmknt,  Register's  Office,  January  31,  1809. 


$600,508  29 


JOSEPH  NOURSE,  Register. 


Purchases  of  eight  per  cent,  stock,  made  by  the  Agents  of  the  President  of  the  Senate,  the  Chief  Justice,  the  Secre- 
tary of  State,  the  Secretary  of  the  Treasury  and  the  Attorney  General,  appointed  by  an  act  of  Congress  of  the 
12th  August,  1790,  entitled  '■'■An  act  making  provisionfor  the  reduction  of  the  public  debt."" 


Date  of  purchase. 

By  whom  purchased. 

of  whom   purchased. 

Rate. 

Amount. 

Total. 

1808, 

January     1 . 

Georee  Simpson, 

William  Elliot, 

lOll 

$5,000 

fcb 

4.                        4 

Do. 

J.  F.  Freeouf, 

64 

700 

&b 

,b                        4 

Do. 

S.  Breck, 

44 

7,000 

t« 

44                            4 

Do. 

E.  L.  Hazelius, 

44 

600 

it 

"             9. 

Do. 

McEuen,  Hale  &  Davidson, 

44 

700 

, — 1 

(1 

"           11. 

Do. 

Joseph  Martin, 

44 

2,000 

(i 

'•           13. 

Do. 

Wni.  Hanion, 

44 

3,000 

11 

"           28. 

Do. 

Ash  ton  Richardson,  - 

(4 

2,500 

(( 

"           29. 

Do. 

G.  Haga, 

44 

4,000 

;6 

'^           30. 

Do. 

Wm.  Trumbull, 

44 

1,000 

ifc 

February  3. 

Do. 

J.  F.  Freeouf, 

4  4 

2,000 

u 

"•            4. 

Do. 

Richard  Wistar, 

44 

300 

44 

11. 

Do. 

J.  De  la  Mater, 

44 

1,800 

6  4 

April         5. 

Do. 

R.  Ludon, 

lOU 

800 

44 

''            6. 

Do. 

T.  M.  Willing, 

44 

100 

U 

7. 

Do. 

Joseph  Fry, 

44 

4,300 

<( 

44                         4 

Do. 

Richard  Cox, 

44 

300 

l( 

"              9. 

Do. 

G.  S.  Wdson. 

44 

1,000 

4( 

44                         ' 

Do. 

John  Elliott,  - 

44 

1,000 

(( 

"            19. 

Do. 

Sarah  Bartow, 

44 

400 

44 

26. 

Do. 

J.  F.  Freeouf, 

44 

400 

tc 

27. 

Do. 

Arabella  Geven, 

44 

400 

a 

MiiV          26. 

Do. 

Catharine  Brooks, 

44 

200 

■' 

July          23. 

Do. 

J.  R.  Coxe,    - 

lOOj 

100 

4( 

Sept'r.     12. 

Do. 

Peter  Bauduy, 

44 

1,000 

40,600 

1807, 

Decem'r   4. 

Jonathan  Burrali, 

James  Henning, 

102i 

4,000 

«b 

20. 

Do. 

John  Haldren, 

44 

2,000 

1808, 

January     1. 

Do. 

Jonathan  Ogden, 

lOll 

400 

kb 

4(                       4 

Do. 

Lewis  &  Lawrence,  - 

44 

27,000 

(fa 

44                      4 

Do. 

John  Rapelje, 

44 

3,000 

fck 

2. 

Do. 

Leo.  Bleecker, 

44 

1,400 

** 

44                            • 

Do. 

Do. 

44 

200 

44 

44                         4 

Do. 

Nathaniel  Prime, 

44 

3,000 

44 

4.                         4 

Do. 

G.  Manaway, 

44 

1,000 

4  ( 

"              4. 

Do. 

Rd.  D.  Tucker. 

44 

1,400 

44 

"              5. 

Do. 

Cornelius  Ray, 

44 

8,000 

44 

4<                         4 

Do. 

Francis  Lewis, 

44 

2,600 

4b 

"             6. 

Do. 

Rencia  Skaats, 

44 

1,000 

4  4 

"            11. 

Do. 

John  Van  Blareone.  - 

44 

700 

44 

"           12. 

Do. 

Eli/.a  Jephson, 

44 

400 

4k 

13. 

Do. 

James  Scott, 

44 

4,100 

4k 

4.                       4 

Do. 

Paul  Castagnet, 

44 

4,000 

44 

Feb'y.     13. 

Do. 

Thomas  Gardner, 

101| 

15,800 

44 

Marcli       7. 

Do. 

Wm.  Winthrop, 

44 

400 

44 

April         1. 

Do. 

Jonathan  Burrali, 

lOU 

3,000 

44 

May          4. 

Do.         '       - 

Jane  Macomb, 

44 

1,400 

44                         4 

Do. 

Keturah  Cox, 

.4 

2,700 

k 

17. 

Do. 

Margaret  Varick, 

1                                 -.■             i:^   ■    ;.-_ 

44 

200 

87,700 

1809.] 


THE   SINKING  FUND. 


355 


L — Continued. 


The  above  sum  of  190,000  dollars  8  per  cent,  stock,  cost  .  -  -  - 

Amount  of  stock,  .-.--.-.. 

Difference  between  amount  of  stock  purchased,  and  moneys  applied  to  the  purchase, 


Date  of  purchase. 

By  whom  purchased. 

of  whom  purchased. 

Hate. 

Amount. 

Total. 

"      January    7. 

Peter  Roc  Dalton,     - 

Samuel  Parkman, 

101,1 

45,000 

8 

Do. 

Allen  Crocker, 

bfa 

300 

u           ii            18 

Do. 

Peter  S.  Brooks, 

ki 

12,000 

"           "           20 

Do. 

John  Howe, 

ilk 

I.IOO 

"            28 

Do. 

Allen  Crocker, 

•  b 

1.700 

"      April         1 

Do. 

Alpheus  Cary, 

101 

400 

2 

Do. 

Benjamin  Johnson,    - 

a 

900 

*'          "             9 

Do. 

Martha  Withington,  - 

b. 

100 

"           "            21 

Do. 

Do.       -            - 

(( 

100 

"      May        24 

Do. 

Do.       - 

Ik 

100 

61,700 

$190,000 

$193,100  75 
190,000  00 

$3,100  75 


G.  Simpson. 

J.  Burrall. 

P.  H.  Dalton. 

Total. 

Balance  in  the  hands  of  agents  3 1st  Dec.  1807, 
Advance  to                        do.     in  1808, 

$57,375  84 

21   25 
100,000  00 

53.407  83 
51,245  16 

110,804  92 
151,245   16 

57,375  84 

100,021   25 

104,652  99 

262,050  08 

Expended  in  the  purchase  of  stock  as  above  stated, 
Commissions  to  agents,           ----- 
Repayments  into  the  Treasury,      -        -        -        - 

41,255  00 

101   50 
16,019  31 

89,228  25 

219  25 

10,,573   75 

62,617  50 
154  25 

41,881   24 

193,100  75 

475  00 

68,474  33 

$57,375  84 

100,021   25 

104,652  99 

262,050  08 

Treasury  Department.  Register's  Office,  January  31,  1809. 


JOSEPH  NOURSE.  Register. 


M. 

Statement  of  the  amount  of  six  per  cent,  deferred  and  three  per  cent.  Stocks  surrendered,  and  of  the  amount  of 
exchanged  and  converted  six  per  cent.  Stocks  issued  in  lieu  thert^of  conformably  to  the  act  of  February  11/A, 
1807,  entitled  '"'' ^fin  act  supplementary  to  the  act,  entitled  an  act  making  provision  for  the  redetnplion  of  the 
whole  of  the  public  debt  of  the  United  Stalest 


Amount  of  Old  Stock  suiTcndered. 

Amount  of  New  Stock  issued. 

LOAN  OFFICE. 

Six  per  cent. 

Deferred. 

Three  per  cent. 

Exchanged  in 
lieu  of  6  pr.  ct. 
ami  deferred. 

Converted  in 
lieu  of  3  pr.  ct. 

New  Hampshire, 

Massachusetts,         .            -            - 

Rhode  Island, 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware,      -            -            -            - 

Maryland,    -            -            -            - 

Virginia,        _            .            -            - 

North  Carolina,        .            .            . 

South  Carolina,        .            -            .. 

Treasury,     -            -           -            . 

$24,803  48 

1,117,075  75 

55,246  42 

10,278  01 

1,734,633  46 

80,561    15 

3,893,311    61 

17,258  SO 

6.042  83 

117,740  89 

26,767   15 

172,659  51 

179,388  55 

$25,975  83 

469,747  31 

26,223  03 

6,502  36 

495,526  95 

46.837  93 

659,159  53 

6,449  92 

1,584  68 

68,565  81 

14,123  70 

65,375  27 

54,599  69 

$24,773  42 
458,572  30 

18,087  43 

3,092  21 

399,066  94 

43,833  80 
984,373  72 

23,274  05 

13,379  98 
120,725  79 

41,359  23 
337,653  00 
393,117  28 

$37,901    18 

1.102,331   06 

56,876  39 

12,003  67 

1,481,047  99 

91,806  27 

2,947,681  59 

16,610  35 

5,058  25 

131,124  02 

28,352  30 

106,975  22 

210,282  83 

$16,102  71 
298,071   94 

11,756  83 

2,009  94 

133,256  45 

28,491   96 
445,742  35 

15,128   13 
8,696  99 

78,471   66 

26,883  50 
219,474  44 
575,763  80 

$7,435,767  61     $1,940,672  01 

$2,861,309   15 

$6,294,051    12 

$1,859,850  70 

Note. 
included. 


In  the  sums  above  stated  as  surrendered  and  issued  at  the  treasury,  New  York  and  Pennsylvania  are 


43 


tt 


334 


FINANCE. 


[1809. 


7%e  following  amount  of  Old  Stocks  surrendered  to,  and  New  Stocks  issued  by,  the  agents  who  were  appointed  at 
London  and  Jlmslerdam,  by  virtue  of  the  fourth  section,  of  the  above  act  of  February  11,  1807,  inz: 


Amount 

of  Old  Stock  surrendered. 

Amount  of  New  Stock  issuetl. 

AGKSTS. 

Sis  per  cent. 

Deferred. 

Three  pr.  cent. 

Exchanged  in 
lieu  of  6  pr.  ct. 
and  defciTed. 

Converted  in 
lieu  of  3  pr.  cts. 

London,        -            -            -            - 
Amsterdam. 

$128,005  79 
21,568  04 

$57,115  72 
32,269  35 

$659,270  28 
.55,337  07 

$127,728  70 
40,736  20 

$428,525  65 
35,969  09 

$149,573  83 

$89,385  07 

$714,607  35 

$168,464  90 

$464,494  74 

Tre.asury  Dep.\rtment,  Register's  Office,  February  3,  1809. 

JOSEPH  NOURSE,  Register. 


10th  Congress.] 


No.  292. 


[2d  Skssion. 


ALLOWANCES    TO   FISHING    VESSELS. 

COMMIINICATKD    TO    THE   HOIJ.SK  Of    REPKESE.N'TATI VE.S,  FKBKUARY  10,  1809. 

Treasury  Department,  January  16,  1809. 

I  have  the  honor  to  return  the  petitions  on  tlie  subject  of  the  allowances  to  fishing  vessels.  The  enclosed  copy 
of  a  letter  from  the  (Comptroller  will  show  the  grounds  on  which  he  decided.  I  think  the  construction  correct,  but 
that  the  petitioners,  particularly  the  collectors  who  paid  the  full  allowances,  are  entitled  to  legislative  relief.  The 
enclosed  statement  will  show  the  total  amount  of  claims,  if  they  are  allowed. 

Two  simdar  petitions  having  been  leferred  to  the  Committee  of  )Vays  and  Means,  permit  me  to  request  that  you 
will  communicate  this  letter,  and  its  enclosures,  to  the  chairman  of  that  committee. 
I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant. 

ALBEIIT  GALLATIN. 
Hon.  Tn»MAS  Newton, 

Chairman  of  the  Committee  of  Commerce  and  Manufactures. 


Treasury  Department,  Com  pi  roller's  Office,  January  13,  1809. 

I  return  the  petitions  laid  before  you  by  the  chairman  of  the  Committee  of  Ways  and  Means,  and  by  the 
chairman  ot  the  Committee  of  t'lmimerce  and  Manufactures;  with  the  grounds  (-n  which  the  decision  was  made  at 
the  treasury,  which  gave  rise  to  the  petitions. 

The  collectors  of  the  customs  in  Massachusetts  generally  continued  to  pay  the  lull  bounty  allowed  by  different 
acts  of  Co'igress,  to  the  owners  and  crews  of  fishing  vessels  until  the  first  day  of  .January,  1808.  notwithstanding  the 
.idditional  bounty  granted  by  the  act  of  Sth  July.  1797,  was  made  by  the  act  of  12th  April,  1800,  to  depei d  for  its 
continuance  upon  the  existence  of  the  act  laying  an  adtlitional  duty  upon  salt,  wliich  was  repealed  afler  the  30th  of 
June.  1807,  by  the  act  of  the  3d  March,  1807.  ,•,•-,■ 

The  reasons  which  governed  the  collectors  in  their  construction  o(  the  laws,  aie  stated  m  the  petitions,  the  prin- 
cipal of  which  is,  that  the  salt  used  by  them  was  imported  and  purchased  prior  to  the  30th  June,  1807,  after  which 
the  additional  duty  was  repealed. 

It  is  admitted  that  the  acts  referred  to  are  not  Iree  from  ambiguity;  and  it  is  more  than  probable,  that  the 
greiiter  part  of  the  salt  used  by  the  petitioners,  was  imported  and  purchased  by  them  prior  to  the  1st  July,  1807. 
But  it  is  conceived  that  the  decision  of  the  question  does  not  depend  upon  the  tact,  whether  the  additional  duty  was 
paid  on  the  salt  used  or  not.  If  it  did.  it  would  be  decided  dirterently  in  reference  to  diiferent  claimants,  because 
it  is  not  even  alleged  that  all  the  salt  used  had  paid  the  additional  duty.  How  tar  the  equity  of  tlie  claim  entitles 
the  petitioners  to  tlie  relief  prayed,  must  rest  with  the  Legislature. 

Upon  a  consideration  of  the  question,  it  occurred  to  me  as  the  correct  construction,  that  the  proviso  in  the  second 
section  of  the  act  of  the  12th  April,  1800,  was  in  lull  force,  and  was  not  repealed  by  the  act  of  3d  March,  1807:  that 
the  proviso  in  the  second  section  of  the  act  last  mentioned  relates  to  bounties  or  allowances  other  than  \.\\ii  additional 
allowance,  whicli,  by  a  distinct, special, and  negative  provision,  was  limited  in  its  duration  to  the  continuance  of  the 
additional  duty  on  salt,  which  was  repealed  after  the  30th  of  June,  1807. 

When  two  statutes  differ,  the  first  must  give  way  to  the  last:  and  this  upon  a  principle  of  universal  law,  that 
leges  posteriores  priores  contrarius  abrogant.  But  this  is  to  be  understood  only  when  the  last  is  couched  in  nega- 
tive terms,  or  when  its  matter  is  so  clearly  repugnant  that  it  necessarily  implies  a  negative.  But  if  both  acts  be 
merely  affirmative,  and  the  substance  such  that  both  may  stand  together,  then  the  latter  does  not  repeal  the  former, 
but  they  both  may  have  a  concurrent  efficacy.  Is  is  deemed  unnecessary  to  enlarge. 
The  scliedule  which  has  been  prepared,  and  is  now  transmitted,  will  show  the  extent  of  the  additional  allowance, 

if  admitted. 

^  -  1  !ia\e  the  honor  to  d<^,  &c. 

Albert  Gallaiti'J,  Esq. 


1809.] 


ACCOUNTABILITY    OF    DISBURSING    OFFICERS. 


335 


Schedule  of  sums  charged  by  collectors  fur  allowances  to  vessels  employedin  Ike  fisheries  during  the  sea:ou  qf\S07, 

above  the  rate  admitted  at  the  tr'easw-y. 


COLLECTOBS. 


B.  Lincoln, 
J,  Wingate. 
J.  Hill,     - 
J.  Otis,     - 

C.  Collins, 
H.  Baylies, 
J.  Pease, 
M.  Jordan, 
J.  Kittiedee, 
Jt)nas  Clai-ke. 
L.  Trescott, 
James  Wilson,     - 
A.  Wolcott, 

R.  Cross, 
Asa  Andrews, 

E.  Pope, 
A.   Bishop, 
Jed.  Huntington, 

D.  (ielston, 
AViliiam  Ellery,   - 
J.  Ilsley, 

J.  ^\  hippie, 

James  Hook, 

L.  F.   Delesdernier, 

Jer.  Olney. 

H.  Warren, 

H.  P.  Bering,      - 

W.  R.  Lee,^ 

F.  Cook, 
J.  Farley, 
Jer.  Clarke, 


Boston,  - 

Bath,      - 

Biddeford, 

Barnstable, 

Bristol,    - 

Dighton, 

Edg.irtown, 

Frenchman's  Bay, 

Gloucester, 

Kennebunk, 

Machias, 

Marblehead, 

Middletown, 

Newburyport,     - 

Ipswich, 

New  Bedford,    - 

New  Haven, 

New  London,     - 

New  York, 

Newport, 

Portland, 

Portsmouth, 

Penobscot, 

Passamaquoddy, 

Providence, 

Plymouth, 

Sagg  Harbor, 

Salem,    - 

Wiscasset, 

Waldoburough,  - 

York,      - 


To  which  add  the  amount  of  the  sums  entered  in  the  last  column,  as  they  w 
claimed,  should  the  others  be  allowed,  ... 


11  be 


$3,094  74 

327  96 

483  33 

9,814  00 

123   11 

428  89 
909  45 

2,IC3  70 
4C5  18 
112  55 

6.392  60 
272 

2,541 
699  80 
820  48 
30G  03 

2,526  67 
115  75 

1,826  26 
2,265  86 
1,275  20 


00 

80 


1       85 

18 

4,698 

00 

395 

16 

3,133 

64 

499 

08 

461 

64 

336 

80 

$46,574 

86 

1,004  46 
$47,579  32 


115  42 


762  64 


126  40 


SI, 004   46 


Collins  and  Ellery  have  charged  amount  paid  at  the  reduced  rate. 
he  has  not  paid. 


Delesdernier  states  that  $126  40  is  claimed. 


10th  Congress.] 


No.  293. 


[2d  Session. 


ACCOUNTABILITY   OF  DISBURSING  OFFICERS. 


COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    ON    THE    15tH    OF    FEBRUARY,    1809. 

Treasury  Department,  February  4,  1809. 
Sir: 

I  beg  leave,  for  the  information  requested  by  the  Committee  of  Ways  and  Means,  respecting  the  present 
mode  of  advances  and  accountability  of  public  moneys  in  the  War  and  Navy  Departments,  respectfully  to  lefer  to 
the  letter  and  report  of  the  Secretary  of  the  Treasury  to  the  Committee  of  Investigation,  dated  March  1st  and  2d, 
1802,  and  to  the  report  of  that  committee  to  the  House.  But  in  suggesting,  in  conformity  with  the  request  of  the 
committee,  such  provisions  as  may  render  the  accountability  of  those  Departments  more  prompt  and  efficient,  and 
have  a  tendency  to  check  abuses  by  subordinate  agents,  experience  and  a  wish  to  propose  only  such  alterations  as 
are  essentially  important,  and  cannot,  in  any  degree,  impede  the  public  service  or  derange  the  general  system,  induce 
me  to  submit,  for  the  present,  oidy.  the  following  regulations: 

I.  That  all  the  warrants  drawn  by  the  Secretaries  of  ^^'ar  and  of  the  Navy,  upon  the  Treasurer  of  the  United 
States,  should  specify  the  particular  appropriation  to  which  the  same  should  be  charged;  that  tiie  advances  thus 
made  should,  in  conformity  therewith,  be  charged  in  the  books  of  the  Accountants,  to  accounts  corresponding  with 
the  appropriations;  and  that  the  persons  to  whom  the  advances  are  made  should  render  distinct  accounts  for  each 
branch  of  expenditure,  according  to  such  appropriations. 

That  rule  is  observed  in  relation  to  all  the  disbursements  of  money  by,  and  expenditures  settled  directly  at,  the 
treasury,  and  is  attended  with  no  inconvenience  whatever.  Its  extension  to  the  War  and  Navy  Departments  will 
introduce  the  requisite  correspondence  between  the  accounts  kept  in  the  several  Departments,  and.  in  conformity 
with  the  constitution,  prevent  tlie  application  of  public  moneys  to  other  objects  than  those  tor  which  they  have  been 
appropriated . 

II.  That  all  permanent  agents  employed  in  purchasing  supplies,  or  who  receive  and  disburse  public  moneys, 
should,  in  every  instance,  be  recogni'/.ed  by  law,  and  appointed  in  such  manner  as  may  be  provided  by  law;  that  their 
compensation,  as  well  as  that  of  all  other  officers,  should  be  fixed  by  law;  that  they  should  give  security  for  the  mo 
neys  advanced  to  them,  and  that  they  should,  whenever  practicable,  keep  such  moneys  in  a  bank  designated  for  that 
purpose,  and  make  monthly  returns  of  their  cash  account,  which  would  be  checked  by  the  returns  made  by  such 
bank. 


335  FINANCE.  [1809. 


III.  That  all  the  contracts  or  purchases,  whether  made  by  the  Treasury,  War  or  Navy  Departments,  or  by 
their  agents,  should  be  made  public,  and  be  approved  by  the  President  of  the  United  States. 

1  also  think  that  the  accountability  would  be  rendered  much  more  prompt  and  efficient,  if  the  Accountants  of  the 
War  and  Navy  Departments  were  considered,  in  every  respect,  as  auditors  of  accounts  for  the  same;  that  is  to  say, 
if  each  individual  account  as  it  is  audited  by  either,  was  sent  immediately  to  tlie  Comptroller  for  settlement.  Ac- 
cording to  the  present  mode,  the  Accountants  render  quarterly  accounts  which  embrace  all  the  individual  accounts 
they  may  have  audited  during  the  quarter.  Those  quarterly  accounts  are  then  settled  by  the  Auditor  and  Comp- 
troller in  the  usual  manner;  but  that  system  is  attended  with  great  delays:  and  the  treasury  settlement  has  become 
little  more  than  a  matter  of  form,  individuals  being  paid  either  in  advance,  or,  at  farthest,  when  the  account  is  ad- 
justed by  the  Accountant.  The  provision  whicii  autnorizes  an  immediate  appeal  from  the  Accountant  to  the  Comp- 
troller, forms  an  exception,  but  can  operate  only  in  favor  of  individuals,  and  never  in  favor  of  the  United  States. 

I  fear,  however,  that  this  important  alteration  cannot  take  place  without  the  creation  of  a  new  officer  in  the  trea- 
sury, to  whom  should  be  given  the  superintendence  of  the  revenue.  For  the  office  of  the  Comptroller  being  now 
burthened  with  that  laborious  branch,  in  addition  to  his  legal  duties  of  settling  definitively  all  accounts,  of  recover- 
ing all  the  debts  due  to  the  United  States,  and  of  directing  and  superintending  all  the  suits  instituted  for  that  pur- 
pose, of  acting  as  commissioner  of  loans  for  the  treasury,  &c.,  it  would  be  impossible  for  him  to  settle,  in  an  efficient 
manner  and  with  the  necessary  despatch,  eacli  individual  account  sent  from  the  War  and  Navy  Departments,  unless 
he  was  relieved  by  a  new  officer  from  the  general  superintendence  of  the  revenue.  I  am  even  of  opinion  that,  sup- 
posing the  accountability  of  the  War  and  Navy  to  remain  as  it  is,  the  public  service  would  be  much  promoted, 
public  accounts  generally  be  settled  with  greater  despatch,  and  delinquents  be  sooner  brought  to  account,  if  the  sug- 
gested office  was  established.  And  the  superintendence  of  the  lands  which  has  grown  into  an  extensive  and  complex 
system,  might  be  annexed  to  it  with  equal  advantage  to  the  public  and  to  individuals. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  obedient  servant, 

ALBERT  GALLATIN. 
Honorable  George  W.  Campbell,  Chairman  of  the  Committee  of  Ways  and  Means. 


10th  Congress.]  No.    294.  [2d  Sessiok. 

DRAWBACK  OF  DUTIES. 

COMMUNICATED  TO  THE  HOIISH  OF    REPRESENTATIVES,  FEBRUARY     16,  1809. 

Mr.  Newton  made  the  following  report: 
The  Committee  of  Commerce  and  Manufactures  submit  a  report  on  the  following  cases. 

James  Wilson  Jr.  of  Charleston,  South  Carolina,  states  that  he  exported  to  Havanna  nineteen  hundred  and 
sixty  two  bushels  of  salt,  which  was  entitled  to  the  benefit  of  the  drawback.  He  also  states  that  he  failed  to  obtain 
his  debenture  from  the  collector,  in  consequence  of  a  misconception  of  the  law;  instead  of  giving  bond  before  or 
within  ten  days  after  the  clearance,  as  the  law  directs,  he  did  not  oft'er  to  execute  the  bond  until  alter  the  sailing  of 
the  vessel,  on  the  supposition  that  the  ten  days  were  to  be  computed  from  the  time  of  sailing. 

Jacob  Ritter  Jr.  of  the  city  of  Philadelphia,  states  that,  on  the  16th  of  day  of  June  1806,  he  shipped  onboard  the 
Fair  American  for  Amsterdam,  sixty-four  cannisters  of  sugar,  entitled  to  the  benefit  of  drawback.  The  petitioner 
could  not  obtain  his  debenture,  inasmuch  as  he  failed  to  comply  with  the  requisites  of  the  law.  'He  also  states 
that  he  had  been  for  five  years  a  supercargo;  most  of  this  period  of  time  out  of  the  United  States,  and,  of  course,  little 
conversant  in  the  mode  of  transacting  business  at  the  custom  house,  or  of  the  forms  required  by  law  on  the  re-expor- 
tation of  merchandise  entitled  to  a  drawback  of  the  duties. 

Robert  Peter  Branu,  a  citizen  of  the  United  States,  residing  in  the  city  of  Philadelphia  states  that,  on  the  25th 
of  September,  1800,  he  shipped  five  boxes  of  merchandise  marked  B  and  C  entitled  to  a  drawback  of  the  duties  on 
board  the  schooner  Liberty  for  Carthagena  (Spanish  Main)  that  he  sailed  on  board  the  schooner  as  supercargo, 
and  in  the  hurry  of  iiis  departure,  he  omitted  to  take  the  qualification  and  sign  the  bond,  as  prescribed  by  law,  in 
consequence  of  this  omission  he  failed,  on  his  return,  to  obtain  his  debenture  iiom  the  collector. 

J.  Creighton  of  the  city  of  New  York  in  behalf  of  his  son  who  is  under  the  age  of  twenty-one  years,  states,  that 
his  son  James  Creighton  Jr.  shipped  certain  articles  of  merchandise  entitled  to  drawback,  on  board  the  brig  Pene- 
lope for  the  Havanna  in  the  month  of  October  1806,  on  board  of  which  vessel  he  embarked  to  prosecute  the  voyage. 
He  also  states  that  James  Creighton,  Sen.  through  the  hurry  of  business  and  oversight,  neglected  to  comply  with  the 
requisites  prescribed  by  law,  the  petitioner  further  states  that  his  son  is  absent  from  the  United  States. 

James  Thompson  of  the  city  of  New  York  states  that,  in  the  months  of  August  and  September  1807,  he  imported 
from  England  sundry  goods,  viz.  three  bales  of  plains,  nine  cases  of  blankets,  seven  bales  of  baizes,  one  bale  of 
cloth,  two  trunks  of  calicoes,  and  one  box  of  cambric  muslins,  and  that  the  said  goods  were  regularly  entered  at  the 
custom  house,  and  duties  secured.  The  petioner  also  states,  that  the  above  mentioned  goods  were  exported  to 
Havanna  in  the  ship  Cuba,  and  that  he  has  been  refused  his  debenture  by  the  collector,  inasmuch  as  he  did  not 
comply  with  the  requisites  of  the  law  to  entitle  him  to  it.  The  petitioner  acknowledges  that  he  was  acquainted  with 
the  provisions  of  the  law;  but  that  his  non-compliance  with  them  was  owing  to  the  hurry  of  business,  he  states  that 
he  has  paid  one  million  of  dollars  into  the  treasury  tor  duties,  and  that  he  never  failed  before  in  his  observance  of 
the  law. 

The  abovementioned  petitioners  pray  that  the  Legislature  will  take  their  cases  into  consideration,  and  authorise 
by  law  the  issuing  of  debentures  to  them  respectively. 

The  committee  have  given  full  consideration  to  the  cases  made  out  by  the  petitioners,  and  they  are  of  opinion, 
that  negligence,  forgetfulness  and  misconception  of  the  law,  are  inadmissible  pleas,  and  cannot  bring  the  cases  within 
the  scope  of  legislative  interference  and  equity.  When  a  law  is  in  force,  it  is  the  duty  of  all  to  become  acquainted 
with  its  provisions,  and  to  comply  with  its  injunctions.  If  pleas  of  this  sort  be  admitted,  the  Legislature  would  be 
converted  into  a  tribunal,  to  receive  excuses  for.  and  to  justify  and  sanction,  a  non-observance  of  the  laws.  The 
committee  are  of  opinion,  that  the  National  Legislature  ought  not  to  interpose  its  extraordinary  powers,  but  in  cases 
where  a  non-compliance  with  the  law,  has  been  in  consequence  of  the  sickness  of  the  parties,  the  prevalence  ot  the 
yellow  fever  in  our  cities,  the  omissions  on  the  part  of  the  officers  of  the  customs,  or  some  misfortune  or  occurrence 
not  within  the  control  ot  the  parties- 

The  committee,  therefore,  recommend  the  adoption  of  the  following  resolution. 

Jiesolved,  That  the  petitioners  have  leave  to  withdraw  their  petitions. 


1809.]  COMMANDER-IN-CHIEF    OF    THE    ARMY.  337 


lOth  Congress.]  No.  295.  [2d   Sessioii. 


REMISSION  OF  DUTIES. 

COiMMUNICATEI)    TO    THE     HOUSE    OK    REPRESENTATIVES,    FEBUIIARY   18,     1809. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  memorial  of  Read 
and  Jephson,  and  Charles  Seton  of  the  city  of  York,  made  the  following  report: 

The  memorialists  state  that,  on  tiie  15tli  of  February  180G,  they  despatched  the  American  ship  liellona,  Thomas 
Briscoe  master,  with  a  valuahle  cargo  on  a  traditig  voyage  to  the  coast  of  Africa.  That  'I'honias  Briscoe  died, 
prior  to  the  disposition  of  the  outward  cargo,  and  tliat  the  necessary  arrangements  for  the  completion  of  the  object  of 
the  voyage  devolved  on  a  Mr.  Peter  Winthrop,  who  was  sent  out  as  an  assistant  to  Thomas  Briscoe,  and  the  com- 
mand of  the  ship  on  James  Collings  the  mate.  The  memorialists  further  state,  that,  through  the  carelessness  and 
mismanagement  of  Peter  Winthrop  and  James  Collings.  they  have  sustained  considerable  loss  in  the  disposition  of 
the  outward  cargo  and  have  also  been  subject  since  the  arrival  of  the  Bellona  in  the  United  States,  to  pay  duties 
for  merciiandise  not  imported  in  the  said  ship.  The  memorialists  state  that  the  entry  was  made  from  tlie  manifest, 
and  that  the  cargo  fell  short  of  the  quantum  of  merchandise  specified  in  the  manifest.  This  difterence  in  the  quan- 
tum of  merchandise  called  for  by  the  manifest,  and  that  which  was  actually  discharged  i'rom  the  Bellona,  is 
accounted  for  by  the  memorialists  in  the  following  manner. 

They  say  that  the  manifest  Of  the  cargo  was  made  by  Peter  Winthrop  and  James  Collins  with  a  view  to  deceive 
the  memorialists,  and  to  cover  the  waste  committed  by  them  of  the  outward  cargo.  The  Bellona  arrived  at  the 
port  of  Charleston,  (South  Carolina)  at  the  commencement  of  the  year  1807,  and  after  being  refitted,  proceeded 
under  the  command  of  William  H.  Barrett. 

The  memorialists  pray  a  proportional  abatement  of  the  duties. 

This  case  presents  a  new  subject  to  the  committee  for  consideration.  They  have  bestowed  on  it  much  reflection, 
and  they  are  aware  of  the  delicacy  and  difficulty  inherent  in  all  questions  relating  to  commerce.  In  making  a  deci- 
sion they  have  sedulously  endeavored  to  iiold  the  scales  of  justice  in  equipoise  between  the  memorialists  on  the  one 
part,  and  the  United  States  on  tlie  other.  Tiie  committee  with  regret,  hear,  that  the  memorialists  have  suffered 
any  loss  from  the  carelessness  and  mismanagement  of  those  to  whom  they  committed  the  conduct  of  their  attiiirs, 
but  the  committee  consider  themselves  as  restrained  at  this  distance  of  time,  wanting  only  a  few  days  of  being  two 
years,  since  the  arriral  of  the  Bellona,  and  the  entry  of  her  cargo  at  New  York,  to  open  the  question  for  investiga- 
tion. They  are  conscious  that,  if  tiiey  were  to  sanction  such  a  practice,  the  revenue  would  be  liable  to  many 
and  great  impositions.  The  memorialists  cannot  complain,  as  they  had  a  remedy  by  the  fifty  second  section  of  the 
act  to  regulate  the  collection  of  duties  on  imposts  and  toiniage,  if  tiiey  had  availed  themselves  of  it.  By  that  section 
of  the  law,  provision  is  made  for  the  correction  of  entries  which  shall  have  been  incomplete,  or  without  the  specifi- 
cation of  particulars,  either  for  want  of  the  original  invoice  or  invoices  or  for  any  other  cause,  on  a  compliance  with 
the  requisites  therein  specified.  The  law  gave  the  relief  now  sought,  but  required  that  the  mistake  should  be  recti- 
fied instanter,  while  every  circumstance  was  fresh  in  the  memory  of  those  entrusted  with  the  collection  of  the  duties, 
and  while  the  cargo  remained  in  the  custody  of  the  proper  officeis.  Independent  of  these  reasons,  which  in  the 
opinion  of  the  committee  fully  justify  them  in  not  sustaining  this  case,  a  train  of  circumstances  occur  to  render  a 
recommendation  of  this  case  to  legislative  interposition,  highly  improper.  It  is  stated  by  the  memorialists  that  the 
ship  Bellona  in  returning  from  the  coast  of  Africa  instead  of  making  tor  New  York,  the  port  of  her  destination,  tli  rough 
the  ignorance  or  misconduct  of  the  master,  was  carried  to  Ciiarleston  in  which  port  she  was  refitted,  and  from  thence 
sailed  for  the  port  of  New  York.  From  the  characters  given  of  the  master  and  the  assistant,  the  probability  is  that 
the  memorialists  as  well  as  the  United  States,  may  have  been  defrauded,  the  first  of  their  property,  and  the  last  of 
the  duties  after  the  ship's  arrival  in  the  Ignited  States.  As  no  information  touching  this  subject  is  before  the  com- 
mittee from  the  collectors  either  of  Charleston  or  ot  New  York,  at  which  port  the  cargo  was  entered,  it  would  be  in 
violation  of  every  principle  of  jurisprudence  for  the  committee  to  decide  against  the  United  States,  on  ex-parte 
evidence. 

The  committee,  theiefore,  submit  the  following  resolution: 

Resolved,  That  the  prayer  of  the  memorialists  ought  not  to  be  granted. 


10th  Congress.]  No.  296.  [2d  Session. 


EXTRA    ALLOWANCES    TO    THE    COMMANDER-IN-CHIEF    OF    THE    ARMY. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESKNTATITES,  FEBRUARY  22,  1809. 

Mr.  Randolph,  from  the  committee  appointed 'Ho  inquire  whether  any  advances  of  money  have  been  made  to  the 
Commander-in-chief  of  the  army,  by  the  Department  of  War,  contrary  to  law,  and,  if  any,  to  what  amount." 
presented  the  following  documents: 

Department  of  War,  AccountanV s  Office,  February  13.  1809. 
Sir: 

In  obedience  to  your  request  as  chairman  of  a  committee  of  the  honorable  the  House  of  Representatives,  I  have 
the  honor  to  enclose  the  following  statements  and  copies  of  documents,  in  relation  to  the  allowances  and  advances 
of  money  and  of  supplies  received  through  the  Department  of  War,  by  Brigadier-General  James  Wilkinson,  since 
the  passage  of  the  act  of  March  16.  1802,  viz.: 

Statement  A  of  moneys  allowed,  and  of  supplies  received  by  Brigadier-General  Wilkinson,  since  the  passage 

of  the  act  ot    IGth  March,  1802,  in  his  capacity  as  Brigadier-General. 
Statement  B  showing  the  moneys  allowed  and  paid  to  Brigadier  General  Wilkinson,  as  Indian  commissioner. 

from  12th  July,  1801,  to  1st  June,  1804, 
Statement  C  showing  the  expenses  incurred  by  General  Wilkinson,  and  Governor  C.  Claiborne,  as  commission- 
ers for  taking'possession  of  Louisiana. 
Statement  D  copy  of  the  account  of  James  Wilkinson,  as  Biigadier- General,  taken  from  the  books  of  this  office 
since  I6th  March.  1802. 


338 


FINANCE. 


[1809. 


Documents  connected  with  statement  A. 

No.  1.  Copy  of  a  letter  from  the  Secretary  of  War  to  the  Comptroller  of  the  Treasury. 

Copy  of  a  letter  from  the  Comptroller  of  the  Treasury  to  the  accountant  of  the  War  Department. 
Copy  of  a  letter  from  tbe  accountant  to  the  Comptroller  of  the  Treasury. 
Copy  of  the  opinion  of  (he  Attorney  General. 

Copy  of  the  account  of  Brigadier  General  James  Wilkinson,  for  extra  allowances  of  rations,   &c.  from 
the       


le  13tli  vSeptember,  1806,  to  24th  May,  1807. 
Documents  connected  with  statement  1)  and  a  summary  of  the  statements  marked  ABC  and  D. 

6.  Copy  of  a  letter- from  the  accountant  of  the  War  Department,  to  Brigadier-General  James  Wilkinson, 

dated  28th  February,  1808. 

7.  Copy  of  a  letter  from  the  same  to  the  same,  dated  23d  March,  1808. 

8.  Copy  of  a  letter  fiom  (he  same  to  the  same,  dated  16th  November,  1808. 
All    which  are  respectfully  submitted. 

1  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

WM.  SIMMONS,  Acct.  Dep.  War. 
The  Honorable  John  RAXDOLi'H  Chairman  of  a  Committee  of  the  House  qf  Representatives  United  States. 


Statement  of  moneys  ivhich  have  been  allowed  and  paid  to  Brigadier  General  James  Wilkinson,  and  the  objects 
of  such  allowances  and  payments  since  the  I6th  March,  1802,  over  and  above  the  pay  of  tivo  hundred  and 
twenty-Jive  dollars  a  month,  prescribed  and  limited  by  the  Mh  section  of  the  Jict  of  Congress  of  that  date, 
and  of  the  supplies  which  have  been  furnished  to  him  in  his  capacity  as  Brigadier  General. 


Dates  of  entry  on 
the  books. 


June      11,  1805. 


Jan.      13,  1809. 


May     31,  1806. 


May       1,  1807, 


April    30.  1808. 


For  pay,  subsistence,  and  forage,  received  by  General  Wilkinson,  from 
March  16,  1802  to  May  31,  following,  that  being  the  date  to  which  that 
portion  of  the  troops  in  the  vicinity  of  the  General  were  paid  up  to, 
under  the  old  establishment,  by  an  arrangement  of  the  War  Depart- 
ment,       .----..-- 

His  pay,  agreeably  to  the  act  of  March  16,  1802,  at  $225  per  month, 
during  the  same  period,  would  have  amounted  to  -  -  - 

Difference, 

For  the  following  allowance  of  $2,033  16,  made  him  by  the  Secretary 
of  War,  which  was  disallowed  at  this  office  on  the  principle  of  its 
being  contrary  to  the  law  of  the  16th  March,  1802,  fixinghis  allowance 
as  brigadier  general,  and  for  reasons  more  fully  detailed  in  my  letter 
to  the  Comptroller,  under  date  of  the  10th  January,  1809,  and  after- 
wards admitted  by  the  accounting  oflScers  of  the  treasury,  on  the 
opinion  of  the  Attorney  General  of  the  9th  January,  1809,  viz: 

For  extra  allowance  of  36  rations  per  day  at  Natchitoches,  from  the  13th 
to  the  30th  September,  1806,  18  days,  at  17.1  cents  per  ration. 

For  do.  at  said  place,  from  1st  October  to  11th  November,  1806,  42  days, 
8,016  rations  at  18  cents,  --.... 

For  do.  at  New  Orleans,  from  12th  November,  1806  to  24th  May,  1807, 
194  days,  9,312  rations  at  15  cents,        -  -  -  -  - 

For  an  allowance  of  quarters,  stables,  &c.  when  on  command  in  New 
Orleans,  for  which  he  received  no  compensation,  from  25th  November, 
1 806,  to  the  24th  May,  1807,  six  months,  at  $100  per  month. 


$613  54 


566  13 


113  40 


372  16 


1,047  60 


600  00 


Note. — Subsequent  to  the  31st  May,  1802,  the  pay  of  General  Wilkinson,  at  the 
rate  of  $225  per  month,  has  been  received  through  the  pavmaster  of  the  army. 

Supplies  which  have  been  furnished  General  Wilkinson,  and  charged  his  account, 
as  contrary  to  the  law  of  the  16th  March,  1802,  viz: 

For  amount  paid  by  Moses  Hook,  captain  and  assistant  military  agent, 
for  a  New  Orleans  boat  to  transport  the  general  and  his  family,  -       100  68 

For  amount  paid  by  ditto,  for  painting  said  boat,  and  tor  an  awning  and 
other  materials,  -  -  -  ■.'.."  "        88  97 

For  amount  advanced  him  by  ditto,  for  transportation  of  his  baggage 
from  Washington  city,  Baltimore  and  Philadelphia,  to  Pittsburg,       -      262  96 

For  amount  paid  by  Lieutenant  William  Piatt,  assistant  military  agent, 
for  transportation  of  his  baggage  from  the  rapids  on  Red  river  to 
Natchitoches,      -  -  -  -  -  -  -  -        25  00 

For  supplies  made  him  by  requisition  on  Captain  George  Peter,  assistant 
military  agent  at  fort  M' Henry,  which  have  been  passed  to  the  credit 
of  William  Linnard,  military  agent,  and  now  brought  to  the  «lebit  of 
the  general,  he  not  being  entitled  by  law  to  any  part  thereof,  viz: 

Eight  cords  of  wood  tor  November  and  December,  1807,  $54  00 

Forage  consumed  by  his  horses  at  fort  M'Henry,  out  of  that 
purchased  for  the  public  horse,  as  well  as  on  his  own  order, 
per  letter  of  Captain  Peter,  -  -  -  -  10  00 

64  00 


Amount. 


47  41 


2,033   16 


$2,080  57 


1809.] 


COMMANDER-IN-CHIEF   OF   THE    ARMY, 


m 


Statement  A— Continued. 


Dec.     13,  1808. 


For  theCollowin?;  articles  furnished  on  his  requsitions.  agreeably  to  the 
certificate  of  Abraham  D.  .\brahams,  military  agent  at  New  Orleans. 
viz: 

8    cords  of  wood  in  IS06,  at$5  .50,  -            -            -            .  $44 

bushels  corn,           ------  70 

barrels  shelled  corn,  at  $3,            -            -            -            -  33 

Do.         in  the  cob,  at     1.            -            -            -            -  7o 

Do.              do.          at     1  .50,       -            -            -            -  15 

Do.  shelled,  at  $3  50                     -            -            -            -  7 

loads  of  hay,  at    I '2.           -            -           -            -            -  go 

cords  wood,  at     5^,         -            -            -            -            .  336 

hoe,  1  garden  rake  and  3  lines.      -            -            -            .  5 

stove  complete,      ----■•-  25 


96 
II 

75 

10 

o 

5 
61] 
1 
1 
5 


trunks  to  pack  papers  in. 


00 
75 
00 
00 
00 
00 
00 
87 
50 
00 
00 


For  2  cords  of  wood  furnished  at  Carlisle  by  Richard  Parker,  contractor. 
22d  September,  1808,  at  $2  50,         - 


701    12 


5  00 


1.247  73 


$3,328  30 


Department  of  War,  .iccountanVs  Office^  February  13,  1809. 

WILLIAM  ?^\My[0'S^.  Accrmntant  Deparhimil  ffar. 


No.  1. 
Copy  of  a  letter  from  the  Secretary  of  Tfar  to  the  Comptroller  of  the  Treasury. 

War  Department.  January  6,  1809. 

Sir: 

Having  understood  that  the  accountant  of  this  department  has  doubted  the  legality  of  an  allowance  I  had.  with 
the  approbation  of  the  President  of  the  United  States,  directed  to  be  made  to  General  ^^'ilkinson.  as  commanding 
oHicer  at  New  Orleans,  aiid  its  dependencies.  1  take  the  liberty  of  stating  the  facts,  and  the  authorities  under  which 
the  allowance  has  been  made.      ,..,.,.  , ,.  ,  ,   .,      , 

In  the  5th  section  ot  the  act  nsnig  the  military  peace  establishment,  passed  March  16.  1802.  the  President  is 
authorized  to  allow  the  commanding  officers  of  posts,  such  additional  number  of  rations,  as  he  shall  deem  proper. 

The  commamling  officer  at  New  Orleans,  has  been  allowed  treble  the  ordinary  number  of  rations  for  an  officer 
of  his  rank,  with  quarters.  &;c.  and  it  has  been  agieed  that  General  Wilkinson  should  be  allowed  an  addition  of 
treble  the  ordinary  number  of  rations  allowed  to  a  brigadier-general,  together  with  an  allo\\ance  for  quarters.  In 
the  compensation  General  Wilkinson  receives  by  law,  as  brigadier  general,  the  usual  rations  were  estimated;  but 
it  is  presumed  that  this  cannot  justly  bar  him  from  an  extra  allowance  under  circumstances,  which,  in  the  opinion 
<)f  the  President  of  the  United  States,  would  entitle  any  other  officer  to  an  ext'-a  allowance  of  rations.  Tiiis  allow- 
ance to  him  for  quarters  at  tf.e  expense  of  the  United  States,  is  notliing  more  than  what  is  granted  to  all  other  offi- 
cers acconling  to  their  respective  grades,  although  there  never  lias  been  any  law  for  furnisliing  officers  or  soldiers 
with  quarters^ any  more  than  for  tents  or  fuel:  but  universal  usage  and  the  necessity  of  the  case  have  long  since 
sanctioned  the  practice.  I  shall  not  consider  it  expedient  to  give  any  other  reasons  on  this  subject  to  the  accoun- 
tant, ihaii  those  already  given,  but  have  thought  it  my  duty  to  make  this  stitement  to  you.  to  aid  in  any  (ipinion 

vou  may  please  to  give. 

I  am   very  respecthilly,  your  obedient  >ervant, 

H.  DEARBORN. 
To  the  CoMi'TBoM.ER  (/  the  Treasury. 


No.  2. 

TuEASL  Rv  Department.  CoinplroUer's  Office.  January  9.  1809. 

Sir: 

The  account  which  you  will  herewith  receive,  was  enclosed  to  me  in  a  letter  from   the  Secretary  of  ^Var.  of 

which  a  copy  is  also  sent. 

As  the  accounting  officers  of  the  treasury  are  authori'/.ed  to  revise  settlements  made  in  your  office,  and  not  to 
decide  on  claims  in  tne  first  instance,  it  is  necessary  that  you  should  admit  or  disallow  the  claim,  in  order  that  it 
may  be  finally  decided  on  in  this  department.     It  is  therefore  submitted  to  your  decision. 

I  am.  sir.  respectfully,  your  obedient  servant. 

(i.  DUVALI^ 
William  Simmons.  Esq. 

No.  3. 


Department  of  \N  ar,  Jccouniant'.s  Office.  January  10.  1809. 


Sir: 

The  account  of  Brigadier  General  James  Wilkinson,  coveretl  by  your  letter  of  the  9th  in>tant.  to  be  acted 

upon  in  this  office,  had  been'some  days  before  exhibited  to  me  for  allowance,  and  was  objected  to.  because  I  conceived 
the  claim  expressly  prohibited  by  law.  ,^,      , 

The  4th  section  of  the  act  hxing  the  military  peace  establishment,  passed  the  Ibth  March.  I.S02.  contains  the 
followin"^  clause:  ''  And  be  it  enacted,  that  the  monttily  pay  of  the  officers,  non-commissioned  officers,  musicians 
and  privates,  be  as  follows,  to  wit:  to  the  brigadier  general,  two  hundred  and  twenty-five  dollars,  which  shall  be  his 
full  and  entire  compensation,  without  a  light  to  demand  or  receive  any  rations,  forage,  travelling  expenses,  or  other 
perquisite  or  emolument  whatsoever,  except  such  stationary  as  may   be  requisite,  for  flic  use  of  his  department." 


340 


FINANCE.  [1809. 


Now,  the  claim  of  Brigadier  General  Wilkinson,  being  for  thirty-six  rations  per  day,  at  Natchitoches,  from  13th 
September,  1806.  to  Hth  November,  following,  and  at  New  Orleans,  from  13th  November,  1806,  to  24th  May, 
1807,  and  for  quarters,  stables,  &c.  at  the  latter  place,  from  25th  November,  1806,  to  24th  May,  1807,  I  have,  of 
course,  conceived  as  I  have  above  stated,  that  ifs  allowance  was  prohibited  by  law. 

The  clause  contained  in  the  5th  section  of  the  above  act,  authorizing  such  additional  number  of  rations  to  the 
commanding  officer  of  each  separate  post,  as  the  President  of  the  United  States  may  direct,  I  did  not  conceive  was 
inteniled  to  include  the  brigadier  general,  after  the  proliibitory  clause  contained  in  the  preceding  section,  and  such 
must  have  been  the  opinion  heretofore  iield  by  others;  for  I  found,  on  examination,  that  Colonel  Cushing  received 
double  rations,  as  commanding  officer  at  Natcliitnches,  for  the  great  part  of  the  time  charged  by  the  General  at  that 
place,  and  that  Lieutenant  Colonel  Freeman  and  Colonel  Cushing,  received  triple  rations  at  New  Orleans,  together 
including  nearly  the  whole  period  charged  by  the  General  at  the  latter  place,  and  in  no  instance,  within  my  recollec- 
tion, have  double  rations  been  allowed  to  two  officers  for  the  same  period,  at  the  same  post.  Indeed,  the  clause  of 
the  section  last  leferred  to,  would  seem  to  forbid  it;  because  it  limits  the  direction  of  the  President  of  the  United 
States,  to  the  allowance  of  additional  rations  to  the  commanding  officers  of  each  separate  post. 

The  item  for  quarters,  stables,  &c.  while  at  New  Orleans,  in  my  opinion,  is  also  prohibited  by  the  4th  section  of 
the  act  first  mentioned,  and  in  conformity  with  this  opinion  held  by  me  ever  since  the  passing  of  this  act,  I  have 
uniformly  charged  to  the  personal  account  ol'  General  Wilkinson,  all  sums  paid  by  agents  of  this  department,  for 
fuel,  forage,  transportation,  &c.  for  his  use,  and  at  this  time,  his  account  stands  charged  with  a  considerable  amount 
composed  of  such  items,  as  well  as  other  moneys  of  long  standing,  unaccounted  for. 

Under  these  impressions,  I  do  not  feel  myself  authorr/.ed  to  admit  any  part  ot  the  account,  and,  therefore,  return 
it  herewith,  to  be  revised  by  the  accounting  officers  of  the  treasury,  as  suggested  in  your  letter. 

I  have  the  honor  to  be,  &c. 

WILLIAM  SIMMONS. 

G.  DuvALL,  Esquire,  Comptroller  of  the  Treasury. 


Sir: 


No.  4. 

Washington,  January,  9,  1809. 


The  case  referred  to  me  for  my  opinion  as  stated  in  your  note  ()f  the  6th  instant,  is  not  free  from  difficulty. 
At  first  view,  it  presented  serious  embarrassment.  On  mature  reflection,  however,  1  concur  in  the  opinion  you  have 
formed. 

The  4th  section  of  the  act  of  the  16th  of  March,  1802,  declares,  "That  the  monthly  pay  of  the  officers,  non- 
commissioned officers,  musicians,  and  privates,  be  as  follows,  to  wit:  the  brigadier  general,  two  hundred  and  twen- 
ty-five dollais,  which  shall  be  his  full  and  entire  compensation,  without  a  right  to  demand  or  receive  any  rations, 
forage,  travelling  expenses,  or  other  perquisite  or  emolument  whatsoever,  &c."  These  expressions  are  broad  and 
comprehensive,  and  if  taken  alone,  would  exclude  the  allowance  granted.  But,  to  put  a  just  interpretation  on  any 
clause  contained  in  a  statute,  you  must  look  beyond  the  insulated  section.  The  entire  act  must  be  taken  into  view, 
and  such  a  construction  formed,  as  will  give  eftect  to  every  part. 

Though,  in  relation  to  other  commissioned  officers,  this  section  provides  only  for  their  pay,  yet,  in  the  case  of  the 
brigadier  general ,  it  fixes  a  certain  sum,  as  his  full  and  entire  compensation  for  pay,  rations,  torage,  travelling  expenses, 
and  any  other  perquisite  or  emoluments,  to  which,  by  virtue  of  his  office  and  in  his  capacity  of  brigadier  general,  he 
maybe  entitled.  The  terms  perquisite  and  emolument,  are  well  understood.  A  perquisite,  means  someting  gained 
by  a  place  or  office  over  and  above  its  settled  wages.  An  emolument,  is  any  advantage  or  profit  arising  from  the 
particular  office  held. 

The  scale  assumed  by  Congress,  when  they  fixed  the  monthly  pay  of  the  brigadier  general  at  two  hundred  and 
twenty-five  dollars,  as  a  full  and  entire  compensation,  included,  no  doubt,  a  just  estimate  of  the  usual  allowance 
for  rations,  forage,  and  travelling  expenses,  to  an  officer  of  that  gi-ade.  If  this  section  established  only  his  monthly 
pay,  and,  as  in  the  case  of  other  commissioned  officers,  the  act  had  positively  fixed  and  ascertained  in  subsequent 
sections,  the  allowance  for  rations,  forage,  &c.  it  would  have  amounted,  I  apprehend,  to  the  same  thing  as  it  does  at 
present.  Those  officers,  for  whose  pay,  rations,  &c.  provision  is  made,  in  this  manner,  are,  I  conceive,  as  complete- 
ly excluded  thereby  in  their  respective  capacities,  considered  merely  as  officers  of  a  certain  grade  in  the  ordinary 
line  of  duty,  from  additional  compensation  in  any  shape,  as  the  brigadier  general  in  his  distinct  and  substantive 
quality  as  such,  by  the  expressions  in  relation  to  his  monthly  pay,  being  a  full  and  entire  compensation.  When  a 
statute  declares  positively,  that  an  officer  shall  receive  a  certain  pay  and  a  precise  number  of  rations,  &c.  the  affir- 
mative expressions  imply  and  import  a  negative,  that  he  shall  not  receive  any  more  than  what  is  thus  limited  and 
prescribed.  The  law  thus  fixes  his  full  and  entire  compensation  by  specifying,  particularly,  every  article  of  which 
it  shall  consist. 

Notwithstanding  this,  it  will  be  conceded  that  officers  arc  entitled  to  quarters  and  to  fuel  in  proportion  to  their 
rank  when  the  army  goes  into  winter  quarters;  or  to  tents,  when  encamped.  When  inarching  by  land  with  the  army 
or  proceeding  by  water,  the  wagons  or  vessels  proper  for  transporting  their  necessary  baggage  or  camp  furniture, 
would  be  provided  at  the  public  expense,  and  would  not  be  deducted  Irom  their  compensation.  This,  I  believe  to  be 
the  universal  usage  and  custom. 

The  allowance  made  to  General  Wilkinson,  is  not  in  his  capacity  of  brigadier  general,  but  in  his  quality  of  com- 
mander of  a  separate  post.  By  the  5th  section  of  the  act  abuvementioned,  the  President  is  authorized  to  allow,  to 
the  commanders  of  separate  posts,  such  number  of  rations  as  he  may,  from  time  to  time,  think  proper  to  direct,  hav- 
ing respect  to  the  special  circumstances  of  each  pust.  Officers  of  different  grades  may  be  ordered  by  the  President, 
as  commander-in-chief,  to  different  posts.  The  biigadier  general,  as  well  as  a  colonel  or  other  inferior  officer,  nay, 
the  importance  of  a  particular  p:ist,  may  point  him  out  to  the  President  as  the  most  suitable  person.  He  is  obliged, 
when  ordered,  to  repair  to  the  place,  a  situation,  perhaps,  the  least  desirable.  His  command  is  limited  to  the  de- 
fence and  protection  of  the  post  assigned.  I  can  perceive  no  solid  distinction  in  reason  or  common  sense,  between 
his  case  and  that  of  any  otlier  officer.  They  are  equally  subject  to  the  superior  control  of  the  commander-in- 
chief  and  must  obey  when  he  orders.  The  births  nvAj  not  be  those  of  their  own  seeking.  In  this  new  capacity 
or  peculiar  office.  Congress  have  thought  proper  to  vest  in  the  President,  a  discretion  on  the  subject  of  rations.  By 
virtue  of  this  power,  the  President,  through  you,  as  his  regular  organ,  has  thought  proper  to  allow  General  Wilkin  ■ 
son,  whilst  commanding  at  "  New  Orleans,  treble  rations."  In  doing  this,  I  understand  he  has  followed  the  ex- 
ample set  in  similar  cases,  and  particularly  the  precedent  established  in  the  instance  of  Colonel  Freeman,  who 
commanded  at  the  same  post.  Upon  the  best  consideration  I  have  been  enabled  to  give  the  case,  I  believe  the  practice 
to  be  correct  and  legal. 

Yours  very  respectfully, 

C.  A.  RODNEY. 
The  Secretary  of  War. 


1809.]  COMMANDER-IN-CHIEF    OF   THE   ARMY.      '  34  [ 


No.  5. 

Dr.  The  United  Siu/.e.^,  to  General  Juinen  ll'ilkimon. 

To  extra  allowance  of  thirty -six  rations  per  day,  at  Natchitoches,  (Vom  13ili  lo  30th  September,  1806. 

being  eighteen  days, eight  hundred  and  sixty-lour  rations,  at  seventeen  cents  live  mills  per  ration,  f  1  U  10 

To  do.  at  Natchitoches,  lioin  1st  October  to  1 1th  November,  180G,  inclusive,  being  forty-two  days,  two 

thousand  and  sixteen  rations,  at  eighteen  cents  per  ration,     -  -  '-  -         '       -  072   ifi 

To  do.  at  New  Orleans,  from  l'2th  November,  1800,  to  21di  May,  1807,  being  one  hundred  ninely-four 

days,  nine  thousand  three  hundred  and  twelve  rations,  at  fifteen  cents  pel" ration,  -       *         -  i.0)7  GO 

To  allowance  for  my  quarteis,  stables,  &c..  wiien  on  command  xn  New  Orleans,  loi-  whicii  I  have 
received  no  compensation,  from  the  '25th  November,  ISOti,  to  -24111  May,  1807,  inclui«i\e,  being  six- 
months,  at  one  hundred  dollars  per  month,  -  -  -  -  "     -  (joo  00 


$2,033  ir. 


JAMES  \Vn>KlNSON. 
Admitted. 

H.   DEARHORN. 

TuKASuRY  Dki'arimknt,  Jatiunry  1!,  1  sOit. 

The  within  account  has  been  admitted  by  the  Secretary  of  the  War  Department,  with  the  approbation  of  the 
President  of  the  United  States,  under  the  5tn  section  of  the  act  of  the  16th  March,  1802,  and  is  sanctioned  by  the 
opinion  of  the  Attorney  General,  and  may,  therefore,  be  passed  to  the  credit  of  General  Wilkinson,  in  the  books  of 
the  accountant  for  the  Department  of  War. 

G.  Dl'VALf.,  Comptroller. 
R.  Harrison,  .//iiditor. 


B. 

Statement  of  Moneys  allowed  and  paid  to  Brigadier  General  James  Wilkinson,  as  Indian  Commis.sioner,  viz: 

Compensation. 

^Compensation  as  commissioner  to  treat  with  the  Cherokees  at  Southwest  Point,  from  I '2th  July 

to  lOth  September,  1801,  at  eight  dollars  per  day,  .....    $488 

Ditto,  to  treat  with  the  Chickasavvs  near  Wolf  river,  from  11th  September  to '28th  October,  1801. 

at  eight  dollars  per  day,      .......       384 

Ditto,    to  treat  with  the  Choctaw  nation,  at  fort  Adams,  fnmi   '29th  October  to  31st  December, 

1801,  at  eight  dollars  per  day,  .......       .512 

Ditto,  to  treat  with  the  Choctaw  commissioners  for  carrying  into  execution  the  treaty  of  fort 

Adams,  from  January  1st  to '22d  March.  1802,  at  eight  dollars  per  day.     .  .'  .       648 

Ditto,  to  treat  with  the  Creek  nation  at  fort  Wilkinson,  from  23d  March  t'j  18th  July,  I8O2,  at 

eight  dollars  per  day,  .  .  .  .  .  .  .  .       94.J 

Ditto,  to  treat  with  the  Chociaw  Indians  at  Old  Fort  (Confederation, from  the  19th  July,  1802,  to 

20th  October  following,  at  eight  dollars  per  day,  .  .  .  .  .       752 

Ditto,  as  commissioner  to  determine  and  mark  the  Choctaw  boundary  line  near  the  Mississippi, 

from  21»t  Octobei-.  1802.  to  28th  February,  1803,  at  eight  dollars  per  day,  .  .       786 

Ditto,  as  ctimmissioner  to  determine,  survey,  and  mark,  the  boundary  of  the  Choctaws.  west  of 
the  Mobile  and  Tombigby  rivers,  and  the  boundary  of  the  Creeks,  east  of  the  Ai.ibama  ami 
the  Tensaw  rivers,  from  1st  ^Iarch  to  3d  December,  1803,  at  six  dollars  per  day,    .  .    1,668 

Ditto,  as  caminissiorier  returning  from  Mobile  to  New  Orleans  on  his  way  to  the  city  of  Phila- 
delphia, his  place  of  residence,  from  4tli  to  16th  December.  1803.  thirteen  days,  at  eight 
dollars  per  day.  .  .  .  .  .  .  .  .104 

( 'ompensation  as  comniissioner  from  the  25th  April,  the  day  he  left  New  Orleans,  t.)  the  1st  June, 

1804.  when  he  arrived  in  Philadelphia,  thirty-seven  days,  at  eight  dollars  per  day,  .  .       -i^r-, 


Personal  Expenses  us  Conirnissioner.  viz: 

Amount  of  expenditures  from  the  Oconee  to  the  Choctaw  nation,  at  a  cimfereiice  held 
with  said  nation  at  fort  Confederation,  and  while  passing  throuiih  th«;  same,  from  30th 
August  to  28th  October,  180;^.,  -  -  -  '      -  -  -  606  51 

Expenditures  when  in  search  of  Mr.  Purceil,  for  inform.-'.tion  respecting  the.  Indian  boun- 
daries, from  17th  July  to  llth  August,  180-2,       -----  30855 

Payment^  lo  William  T.  McCormick  for  sundry  supplies  (tf  groceries,  for  the  use  of  the 

commissioners,  ---....  034  3g^ 


*6,.=)8-2 


Expenditures  while  perambulating, and  establishing  the  Choctaw  boutuiar)'  line,  agreeably 
to  (he  treaty  at  fort  Adams,  from  2d  December.  1802,  to  28th  February,  1803. 

Payments  for  his  expenses  and  charges  incident  to  establishing  the  Choctiw  and  Creek 
boundaries  on  the  Tombigby.  Mobile,  and  Alabama  livers.  from  10th  Julv,  to  20th 
November,  1803,  -  -  -  -  -  -  '  - 

For  amount  of  his  account  of  expenses  from  New  Orleans  to  the  t-eat  of  Government,  and 
while  remaining  there  on  business  relative  to  his  duties  as  Indian  commissioner. 


184   45 


505  (,9 


-2.715   -29 


Expenses  other  than  personal,  tnz: 
Payments  on  account  of  the  survey  of  the  route  from  Bayou  Pierre  to  the  Choctaw  nation, 

in  1802,        -./,-."-.  -  -  -  -  -  -  -  120  20 

Payment  to  M'illiam  T.  McCormick  for  medicine  for  the  troops,  from  31st  March,  lo27th 

November.  1802,  -  -  -  -  -  -  -  .  12  87? 

Payments  to  sundry  soldiers  under  command  of  Lieutenant  Edmund  P.  Gaines,  for  extra 

pay  as  laborers,  while  engaged  on  the  Choctaw  line  of  demarcation  in  Nove\iiber  and 

December,  1802,  ---------  •.,>52  .50 

44  tt 


342  *■'  FINANCE.  '  [1809. 

Payment  (o  servant  anil  attendant,  having  charge  of  public  horses  and  baggage,  from  1st 

July.  1802,  to  1st  March,  1803,  -  -  -  -  -  -  160  00 

Expenditures  while  perambulating,  and  establishing  the  Choctaw  boundary  line,  agreeably 

to  the  treaty  of  fort  Adams,  from  2d  December,  1S02,  to  28th  February,  1803,  -  656  09 

Payments  made  by  him  for   charges   incident  to    establishing  the  Choctaw  and  Creek 
boundaries  on  the  Tombigby,  Mobile,  and  Alabama  rivers,  from  10th  July,  1803,  to 
20th  November  following,  -  -  -  -  -  -  -  -       1,950  435 

3,152  10 


$12,449  39 


Note. — It  is  to  be  understood  that  the  compensation,  &c.  of  General  Wilkinson,  as  Indian  commissioner, 
entered  in  tliis  statement,  commences  with  his  appointment,  the  12th  July,  1801,  because  the  whole  was  included  in 
one  settlement  at  this  office,  and  the  expendituies  between  that  date  and  the  16th  March,  1802,  could  not  be  dis- 


linctly  separated. 


Expenses  incident  to  forming  the  treaty  of  fort  IVilkinson^  taken  from  the  account  of  Wilkinson,  Haivkins,  and 
Pickens,  joint  commissioners  for  holding  a  treaty  ivilli  the  Indian  tribes  south  of  the  Ohio,  viz: 

Commissioners'  table  and  other  expenses,  viz: 
For  articles  for  subsistence  of  themselves,  their  attendants  and  horses,  per  account  of  Alex- 
ander Macomb,  secretary,  per  abstract  A,  -  -  -  -  -  -         3,956  98 

For  articles  of  household  and  table  furniture,  culinary  vessels,  &c.  per  aljstract  A,  -  445  15 

Sundry  payments  by  Alexander  Macomb,  secretary,  per  vouciier  No.  2,  in  his  account,  to 
Samuel  C.  Hall,  for  expenses  incident  to  the  support  of  the  commissioners'  table,  (or 
which  there  are  no  specilic  vouchers,  per  abstract  A,      -  •  -  -  -  624  07 


For  the  ])urchase  of  i)rovisions  and  supplies  lurnisiied  belonging  to  the  facto- 
ry, by  Jonathan  Ilalsted,  United  States"  lactor,  for  the  use  of  tlie  com- 
missioners' table,  and  for  the  Indians  attending  the  treaty  at  fort  Wilkin- 
son, per  abstract  No.  4,  and  vouchers  with  Halsted's  account,       -  -         5,942  35 

For  articles  furnished  the  conimissioneis  and  the  chiefs  of  the  Creek  nation 
of  Indians  attending  the  treaty,  out  of  the  United  States'  factory,  per  ab- 
stract No.  1,  and  vouchei's,  witb  Halsted's  account,  '.  "  "  764  08 

Kxpenditures  made  on  account  of  the  commissioners,  exclusive  of  those  ibr 
the  purchase  of  provisions,  and,  principally,  upon  their  orders,  per  abstract 
No  .3,  in  Halsted's  account,  _    -.  -  -       .      -  -  -         1.620  15 

Payment  made  by  said  Halsted  for  incidental  expenses,  in  procuring  provi- 
sions. &c.       -  -  -  -  -  -  -  -  -  108  00 

Payments  made  by  Alexander  Macomb,  secretary,  for  transportation,  pay  of 
guides,  expresses,  cooks,  and  others  employed  during  the  execution  of  the 
commission,  and  in  assembling  the  Indians  at  the  treaty,  &c.  per  ab- 
stract B,        -  -  •;    .       -  -   .        -  -  -  -  665  46 

For  washing  done  for  the  commissioners  and  their  secretaiy,  per  abstract  B,  163  72 

For  payments  by  Alexander  Macomb,  to  Nathaniel  Evans  and  Lieutenant 
VValback,  for  contingent  expenses  incident  to  the  treaty,  for  which  there 
are  no  specific  vouchers,  per  abstract  B,     -  -  -  -  -  41  75 

Payments  for  expenses  and  allowances  for  services  of  interpreters  and  at- 
tendants, ami  travelling  expenses  of  the  commissioners,  per  abstract  B,  -  662  90 


5,026  30 


9,968  41 


If. 994   61 


Amount  of  expenditures  by  the  quartermaster  general  feu-  the  purchase  of  horses,  mules,  transportation 

of  Indiafi  goods,  and  other  disbursMnents  in  relation  to  the  treaties,  -  -  .  .         3,121  50 


$18.116  11 
Department  of  Wak,  Accouniunt's  Office.  Fcbrv,/ry  13,  1809. 

.      ^^'ILLIAM  SIMMONS,  .dccountant  Department  fFur. 

c. 

Abstract  of_  expenditures  made  by  Lieutenant  Josiah  Taylor,  ussislunl  military  agent,  under  the  directions  of 
Hrigadier  General  James  ff'itkinson  imd  Governor  ffiUiam  C.  C.  Claiborne,  Commissioners  appointed  to  take 
possession  of  Louisiana,  i7i  the  years  1803  and  1804. 

For  4 ISMbs  loaf  sugar,  11.350     Spanish  cigars,  6^  gallons  vinegar, 

bottles  vinegar  maiUe, 
bottles  pickles, 
bottles  of  olives, 
lbs.  ot  cheese, 
lbs.  of  hog's  lard, 
lbs.  of  butter, 
bunches  of  onions, 
lbs.  of  flour, 
barrels  of  flour, 
sheep, 

barrels  of  potatoes, 
jbu^hels  of  salt, 
lbs.  of  bread, 
tierce  Irish  beef, 
lbs.  of  beef, 
barrel  of  onions, 
cases  ot  tea, 
lbs.  of  corn  blades, 
barrels  corn, 


418^ 

lbs  loaf  sugar. 

11.350 

Spanish  cigars, 

H 

30 

"•    lump  sugai". 

8 

bottles  of  capers. 

o 

44 

"    brown  sugar. 

1 

box  of  brandy  fruits. 

.> 

844 

bottles  t)f  claret. 

1 

raisins, 

3 

196d 

gallons  Madeira  winCj, 

4874 

lbs.  of  ham. 

148.1 

4 

*'        sheiry  wine. 

3 

tubs  of  rounds  of  beef. 

17 

1 

quarter  cask  Madeira  wine. 

1 

bottle  ol  Cayenne  pepper. 

24 

144 

bottles  of  champaigne. 

3 

lbs.  black  pepper, 

20 

50 

"          white  wine, 

20 

•■    chocolate. 

30 

100 

hermitage  wine. 

10 

bottles  of  mustard. 

.> 

588 

red  wine, 

47 

sweet  oil, 

1 

6 

•'          cordials,               _ 

3 

lbs.  vermicelli. 

3 

1 

bitters, 

16 

'■    ofalmomls. 

W 

67 

gallons  brandy. 

40 

"    of  rice. 

300 

81 

bottles  of  portei-, 

12 

beeves'  tongues. 

1 

1 

case  of  gin. 

1 
•I 

lb.  mace. 

IHO 

258 

bottles  of  ale. 

J. 

4 

lb.  cloves, 

1 

3 

barrels  of  cider. 

] 

4 

lb.  nutmegs. 

1 

5 

gallons  of  rum. 

1 

4 

lb.  cinnamon. 

450 

3| 

"          whiskey, 

I 

English  cheese, 

'J6 

1809.] 


COMMANDER-IN-CHIEF  OF  THE 


ARMY. 

9 

decanters, 

6 

salt  cellars, 

24 

wine  glasses, 

24 

tumblers. 

2 

pitchers. 

6 

dishes, 

GO 

Dlates, 
antern. 

I 

1 

set  dining  china. 

34:5 


7    loads  of  haj%  1 

162^  lbs.  coftee,  16 

5i  lbs.  first  quality  tea,  210^ 

48     cords  of  wood,  1 

()    dozen  knives  and  forks,  42 

3     pair  plated  candlesticks.  228 

2    pair  snufters,  4^ 

12    barrels  of  charcoal.  1 

30     lbs.  of  bar  iron.  24 

1     pair  of  andiions,  42 


looking  glass, 

lights  of  glass, 

lbs,  spermaceti  candles, 

barrel  hominy. 

Ib<.  of  tallow  candles, 

i'eet  of  plank, 

lb-;,  of  Castile  soap, 

filtering  stone, 

cordial  glasses, 

goblets. 


Also,  forage  for  five  public  horses,  riding  express  trom  Fort  Adams  to  New  Orleans,  sundry 
merated.  dinners  for  twelve  persons  for  ten  days,  furniture  not  enumerated,  two  tables,   cakes, 


roceries,  not  enu- 
-.    ,      .       .  -       ,    ,         - ^  ,    macaroons,  confec- 

tionary and  i)reserves.  pies,  tarts,  puddings,  cakes,  biscuit,  and  cabbages,  confectionary  furnished  at  different  times, 
sugar  plums,  washing  tablecloths  and  napkins,  nine  turkeys,  eighteen  capons,  and  thirty  fowls.  Tiieilicine,  &c. 
"Note. — The  above  disbursements  were  made   between  the  7th    December,    1803,    aiul  24th  April, 
1804.  per  vouchers,  from  No.  l,to!'9,  and  amount  to  -----         $5,127  37 

John  M.  Wight,  for  provisions  and  other  articles  purchased  in  the  market  for  the  use  of 

the  commissioners' table,  from  2<;th  January,  to  the  22(1  April,  1804,  inclusively,         -  1,378  10 

Ditto,  for  ditto,  (m  the  23d  April.  1804,  -  -  -  -  -  11  50 

Ditto,  for  sixty  loaves  bread,  purchased  for  ditto,  -  -  -  -  3  75 

Ditto,  for  his  salary  as  steward  to   the  commissioners,  from  IGth   January,  to  23d  April, 

180!,  inclusively.  99  days  at  one  dollar  per  day,  -  -  -  -  99  00 


1,492  35 


6,G19  72 


DEPARTMEvr  OF  W \-R,  ^^ccoiinlctnl^s  Office.  February  13,1809. 

WM.  SIMMONS,  .flccountant  Department  of  JVar. 


Dr. 


Brigadier  General  James  JVilkinson. 


1801. 
December  31. 

1803. 
September  30. 

November  30. 

1804. 
January      31. 

1805. 
Jaiiuary      28. 


1801. 
December  31. 

1805. 
January      28. 


June 


11. 


14. 


1805. 
April  30. 


To  amount  of  debits  till  this  date,  .  .  .  .  - 

To  ZebulonM.  Pike,  payment  made  him  per  receipt  dated  15th  March,  1802,  on 

account  of  pay,  forage  and  subsistence,  -  -  -  - 

To  James  Sterrct,   payment  made  him   per  receipt,   dated  30th  March,  1803,  on 

account  of  pay,         ------- 

To  John  B.  Barnes,  payment  made  him  per  receipt  dated  2d  August,  1802.  on  ac- 
count of  pay,  ..---- 

To  warrants  on  the  treasurer  for  warrant  No.  8080,  for  amount  of  his  account  for 
maps  and  charts  of  Louisiana,  -  -  .  .  - 


Contra. 


Cr. 


By  amount  of  credits  till  this  date, 


150  00 


By  maps  and  plans.  &c.  for  a  survey  of  the  Mississippi  river  from 
Nev,-  Orleans  to  the  sea,  and  taking  soundings  and  bearings  of  the 
sevei-al  mouths  of  that  river.  -  -  _  . 

For  a  plan  of  the  posts  of  Attakapas  and  Opelousas,  and  the   internal 
navigation,  -      _         - 

For  a  plan  of  Upper  liouisiana  from  New  Madrid  to  the  Missouri. 

For  a  plan  of  the  rivers  Rouge  and  Noire, 

For  pilotage  on  Lake  Pontchartrain  and  the  passes  to  the  sea. 

For  a  chart  of  the  coast  of  Peusacola,  soundings,  &c. 

By  James  Wilkinson.  Indian  commissioner,  for  balance  due  him  as  commissioner, 
carried  to  his  credit  a->  brigadier  general,  -  -  -  . 

By  pay  of  the  army,  for  his  pav  from  September  1,  1801.  to 

"  May  31,  1802.  -"  -  -  936 

Pay  from  June  1.  to  December  31,  1802.  -  -  1,575 

Do.  from  January  1,  to  December  31,  1803,        -  -  2.700 


80 

00 

50 

00 

8 

00 

24 

00 

450 

00 

Deduct  amount  received  from  Caleb  Swan,  by  w-arrantsNo. 
632,   G49,  664,  68G  and  712,  -  "       - 


5,211 
2,250 


By  forage  of  officers,  for  his  forage  from  1st  September,  1801,  to  31st 
"  March.  1802,  -  -  -      ^  - 

By  subsistenceofthearmy,  for  his  subsistence  from  1st  September,  1801. 
to  31st  March,  1802.  at  twenty-four  ration-,      -  - 

By  quartermaster  depaitment,  for  payment  made  for  the  passage  of 
two  sergeants,  one  corporal  and  one  musician  from  New  Orleans  to 
New  York  and  Washington,  -  -  .  . 


2,961  00 
144  00 
853  92 

120  00 


By  incidenfail  and  contin_gent  expenses,  for  amount  of  his  account  for  books  pur- 
chased for  public  use  in  1801,  and  since  transferred  to  the  superintendent  of 
military  stores,  ------- 

By  balance  due,  General  Wilkinson  being  present  and   the  same  admitted   by 
aim,  (see  letters  to  General  Wilkinson)       -  -  -  -  - 


$44,338 

03 

500 

00 

1,500 

00 

2,000 

00 

762 

00 

49,100 

03 

38,528  35 


762  00 
2,506  53 


4.078  92 

323  U 

2,901   13 
49,100  03 


344 


FINANCE. 


[1809. 


Dr. 


Brigadier  GeneralJames  JVilkinson. 


1805. 
June  14. 

July  29. 


1806. 
May  31. 


Mar  12. 

June  19. 

July  2. 


July 
July 


6. 

7. 
12. 


August 


4, 


18, 
29, 


September    4, 
15, 


1- 


October         1 , 


November  11, 


December  30, 


1807. 
May  1 , 


1808. 
May  29, 

April  .30,  I 


88 

97 

700 

00 

262 

96 

To  balance  due  the  United  States  on  settlement,      -               _  -  . 
To  Caleb  Swan,  paymaster  of  the  army. 

For  warrant  No.  655,   drawn   by   the  Secretary  of  War,   for  his  pay  from  1st 

April,  to  31st  Decemer,  1805,                 -               -               -  .  . 

To  William  Linnard,  military  agent. 
For  amount  paid  by  Moses  Hook,  assistant  military  agent,  for  a  New 

Orleans  boat  to  transport  the  General  and  family,  -  -  100  68 

For  amount  paid  by  do.  for  painting  said  boat,  and  for  an  awning  and 

other  articles,  -  -  -  - 

For  amount  advanced  him  by  do.,  per  receipt  14th  May,  1805. 
For  amount  advanced  him  by   do.  for  transportation  of  his   baggage 

from  Washington  city,  Baltimore,  and  Philadelphia,  to  Pittsburg,  - 

To  wariants  on  the  treasurer. 
For  warrant  No.  9111,  to  Wm.  Simmons,  for  a  bill  of  exchange,  dated 
!2th  April,  1806,  in  favor  of  Falconer,  and  Comegys  on  account  of 
the  Indian  department,        -  -  -  -  - 

For  warrant  No.  9188,  to  Nicholas  Wliellan,  for  two  bills  of  exchange 

in  favor  of  Peter  Chouteau,  on  account  of  the  Indian  department. 
For  warrant  No.  9213,  to  Wm.  Whann,  for  a  bill  of  exchange   dated 
April  ,30,  1806,  in  favor  of  Abraham  New,  on  account  of  the  Indian 
department,  -..-.. 

For  warrant  No.  9215,  to  James  Davidson,  for  a  bill  of  exchange  dat- 
ed May  15,  1806,  in  favor  of  li.  Bisson,  on  account  of  the  Indian 
department,  ----.. 

For  warrant  No.  9224,  to  James  Davidson,  for  a  bill  of  exchange  dat- 
ed April  28,  1806,  in  favor  of  J.  Y.  Mossman,  on  account  of  the  In- 
dian department,  -  -  .  -  . 
For  warrant  No.  9225,  to  Wm.  Mackay,  for  three  bills  of  exchange, 
dated  May  15  and  20,  1806.  onaccount  of  the  Indian  department,   - 
For  wan-ant  No.  9230.    to   Wm.  Whann,    for  two  bills  of  exchange 
dated  May  12,  and  29,  1806,  on  account  of  the  Indian  department'. 
For  warrant  No.  9242,  to  Thomas  T.  Tucker,  for  a  bill  of  exchange, 
dated  May  18,  1806,  in  favor  of  Alexander  M'Nair,  on   account  of 
the  Indian  department,          .               .               .               .  . 
For  warrant  No.  9259,  to  Charles  Steel,  for  a  bill  of  exchange,  dated 
June  5, 1806,  in  favor  of  W.  Massey,  for  a  tract  of  land  purchased 
of  him  for  a  site  for  a  factory,  &c.  at  Belle  Fontaine, 
For  warrant  No.  9276,  to  Charles  Steel,  for  a  bill  of  exchange,  dated 
St.  Louis,  26th  June,  1806,  in  favor  of  P.  Chouteau,  on  account  of 
the  Indian  department,          -               -               -               .  . 
For  warrant  No.  9279,  to  James  Davidson,  for  two  bills  of  exchange, 
dated  18th  and  21st  June,  1806,  in  favor  of  P.  Chouteau,  on  account 
ot  the  Indian  department,      -                -                -                -  - 
For  warrant  No.  9281,  to  James  Davidson,  for  a  bill  of  exchange,  dated 
June  26tii,  1806,  in  favor  of  P.  Chouteau,  on  account  of  the  Indian 
department.             ----.. 
For  wariant  No.  9301,  to  Charles  Steel,   for  a  bill  of  exchange,  dated 

June  18th.  1806,  on  account  of  the  Indian  department, 
F<u-  warrant  No.  931.3,  to  James  Davidson,  for  a  bill  of  exchange,  dated 
June  29th,  1806,  in  favor  of  Peter  Chouteau,  on  account  ot  the  In- 
dian department,  -  -  - 
For  warrant  No.  93-23,  to  ditto,  for  a  bill  of  exchange,  dated  July  30th, 

1806,  on  account  of  the  Indian  department, 
For  warrant  No.  9334,  to  T.  T.  Tucker,  for  a  bill  of  exchange,  dated 
March  31,  1806,  ni  favor  of  William  Scott,  on  account  ot  the  Indian 
department,  -  -  -  .  .  -  93  00 

For  warrant  No.  9333,  to  James  Davidson,  for  ihree  bills  of  exchange 
on  account  of  the  Indian  department,  22d  July,  1806,  in  favor  of  P. 
Dorion,  sen.  -  -  -  .  -        90  00 

30th  July,  1806,  in  favor  of  P.  Chouteau,  -  -      512  00 

4th  August,  1806,  in  favor  of  M.  Michael,  -  -      527  00 


980 

00 

1,390 

00 

231 

00 

201 

00 

650 

00 

800 

00 

1,086 

99 

340 

33 

250 

00 

200 

00 

300 

00 

200 

00 

278 

00 

600 

00 

262 

00 

$2,901   13 
2,025  00 


For  wariant  No.  9338,  to  William  Doughly,  for  two  bills  of  exchange 
on  account  of  the  Indian  department. 

For  warrant  No.  9354,  to  James  Davidson,  for  a  bill  of  exchange,  dated 
30th  July,  1806,  in  favor  of  Peter  Chouteau,  on  account  ot  the  In- 
dian department,  .  -  .  . 

For  warrant  No.  9362,  to  Thomas  T.  Tucker,  for  a  bill  of  exchange 
dated  May  14,  1806,  in  favor  of  Z.  M.  Pike,  on  account  of  the  In- 
dian department,  -  .  -  .  . 

For  warrant  No.  9453,  to  Thomas  T.  Tucker,  for  a  bill  of  exchange, 
dated  March  31,  1806.  in  favor  of  Lewis  Crawford,  on  account  of 
the  Indian  department,  -  -  -  .  . 

For  warrant  No.  9487,  to  Beverly  Waugh,  for  a  bill  of  exchange  dated 
May  14,  1806.  in  favor  ofZ.  M.  Pike,  on  account  of  the  Indian  de- 
partment, --.--, 

For  warrant  No.  9554,  to  Wm.  Wliann.  for  a  bill  of  exchange,  dated 
October  4,  1806,  in  favor  of  John  Walch,  on  account  of  the  contin- 
gent expenses  ol  the  army,  -  .  .  . 


1,129  00 
288  00 

384  57 

204  00 

200  00 

170  66 

450  00 


To  William  Linnard,  military  agent:,  for  amount  paid  on  his  order  by  Lieutenant 
1  latt,  tor  transportation  ot  his  baggage  fro'ii  the  rapids  or  ~    "    '  "      "' 


toches,  23d  September,  1806, 


rapids  on  Red  river  to  Natchi- 


To  Caleb  Swan,  paymaster  of  the  army,  for  warrant  No.  1114.  drawn  by  the  com- 
mander-in-chiet,  for  his  pay  in  advance,  from  1st  March  to  30th  June,  1808, 
per  leceipt  dated  18th  February,  1808,  .... 

To  warrants  on  the  treasurer,  for  warrant  No.  305,  on  account  of  translating  sun- 
dry French  military  works  for  the  War  Department, 


1,152  61 


10,688  55 
25  00 

900  00 
200  00 


1809.] 


COMMANDERIN  CHIEF  OF  THE    ARMY. 


345 


Dr. 


1808. 


July 


29, 


September    9. 


Oct.  31. 


Dec.  13. 


Nov.  21. 


1809,  Jan.  26. 


Feb. 


To  Richard  Parker,  contractor: 

For  amount  ot  two  cords  of  wood,  furnLshed  at  Carlisle  the  22d  September, 
1808,  at  two  dollars  and  fifty  cents.      ------ 

To  Robert  Brent,  paymaster  of  the  army: 

For  warrant  No.  161,  drawn  by  the  Secretary  of  War^  for  his  pay  in  advance, 
for  March,  April,  and  May,  1809,  three  months,  at  two  hundred  and  twenty- 
iive  dollars.         ------.-. 

To  Robert  Brent,  paymaster  of  the  army: 

For  warrant  No.  249,  drawn  by  the  Secretary  of  War,  for  his  pay  in  advance, 
for  June,  July,  August,  September,  October,  and  November,  1809,  six 
months,  at  two  hundred  and  twenty-tive  dollars,        -  .  -  . 

To  Ninian  Pinckney,  district  paymaster: 

For  this  amount,  paid  him  on  account  of  his  pay  and  emoluments,  per  receipt, 
dated  December  3,  1807,  ------- 


To  balance  due  the  United  States,  per  contra. 


To  Quartermaster  department,  1807,  for  the  followins;  supplies  made  him  by  Cap- 
tain George  Peter,  at  fort  McHenry,  which  have  been  passeil  to  the  credit  of 
William  Linnard,  military  agent,  and  now  brought  to  the  debit  of  the  general, 
he  not  being  entitled  by  law  to  any  pait  thereof,  viz.: 
4  cords  of  wood  for  November,  1S07,  at  7  dollars  per  cord,  -      $28  00 

4  cords  of  wood  for  November,  1807,  at  6A  dollars,  -        26  00 

For  amount  of  forage  consumed  by  his  horses,  while  at  fort  McHenry, 
out  of  that  purchased  for  the  public  horse,  as  well  as  on  his  own  or- 
der, ])er  letter  to  Captain  Peter,  -  -  ■  -         10  00 

To  Caleb  vSwan,  paymaster  of  the  army: 
For  warrant  No.  1212,  drawn  by  the  commander-in-chief,  tor  his  pay  for  July  an<i 
August.  1808,  in  advance,  per  receipt  28th  June,  1808. 
To  warrants  on  the  treasurer. 
For  warrant  No.  743,  transmitted  to  him  at  Carlisle,  on  account  of  translating 
sundry  French  military  works,  for  the  use  of  the  War  Department, 
To  Robert  Brent,  paymaster  of  the  army: 

For  warrant  No.  10,  drawn  by  the  Secretary  of  War,  for  his  pay  in  advance, 
from  September  1,  1808.  to  February  28,  1809,  per  receipt  July  14,  1808,      - 
To  Abraham  D.  Abrahams,  military  agent: 

For  this  sum,  advanced  him  on  account  of  the  public  service,  per  receipt,  dated 
January  10.  1807,  for  which  he  is  accountable,  -  -  .  . 

Note. — Of  the  above  sum  it  appears,  by  a  receipt  of  M.  Girard,  dateil  27th 
March,  1807,  that  one  hundred  and  fifty  dollars  were  applied  by  him  for  the  pub- 
lic service;  and,  by  the  receipt  of  P.  Rubell,  that  two  hundred  dollars  were  to  be 
employed  in  secret  police  service. 
To  quartermaster's  department,  furnished  him  by  A.  D.  Abrahams,  jnilitary  agent, 

per  certificate,  viz: 
8  cords  of  wood  in  1806.  at  $5  50,         -----  $4400 

96  bushels  of  corn  in  1806,  -  -  -  -  -  -  72  75 

11  barrels  shelled  corn,  at  three  dollars.  -  -  -  -  33  00 

38  barrels  of  corn  in  the  cob.  at  one  dollar,        -  -  -  -  38  00 

37        do.  do.  -  .       -  -  -  -  •  37  00 

10        do.  at  one  dollar  and  fifty  cents,  -  -  -  15  00 

2        do.  shelled,  at  three  dollars  and  fifty  cents,        -  -  -  7  oo 

5  loads  of  hay,  at  twelve  dollars,  -  -  -  -  -  60  00 

61|  cords  of  wood,  at  five  dollars  and  fifty  cents,  -  -  -  336  87 

1  garden  rake,  one  hoe,  and  three  lines,  -  -  -  -  5  50 

1  stove,  complete,  -  -  -  -  -  -  -  25  00 

5  trunks,  to  pack  papers,  -  -  -  -  -  -  27  00 


$64  00 

450  00 

200  00 

1,350  00 

2,500  00 


584  37 
5  00 

675  00 

1,350  00 
250  00 


$25,437  41 


$7,891  03 


NorE. — It  may  be  proper  to  remark,  that,  in  addition  to  the  balance  above  stated,  John  Wilkins,  jun.,  late  quar- 
termaster general,  has  transmitted  to  this  office  a  list  of  moneys,  stated  by  him  to  have  been  advanced  on  public 
account,  for  which  he  claims  credit,  and  in  which  General  Wilkinson's  name  appears,  for  $3,879  71,  which,  added 
to  the  balance  above  stated,  will  constitute  the  sum  of  $11,770  74. 


Cr. 

1806. 
September  20, 


November  30. 

1807. 
January      31, 

February    16, 


By  pay  of  the  army,  1805: 

For  his  pay  as  brigadier  general  and  commander-in-chief,  from  1st  April,  1805, 
(to  which  time  he  was  paid  by  the  paymaster  of  the  army)  to  31st  December 
following,  ------- 

By  Thomas  A.  Smith,  for  amount  paid  him  per  receipt  dated  October  21,  1806,  on 
account  of  his  expenses  from  Natchitoches  to  the  Seat  of  Government, 

By  Isaac  Briggs,  for  this  sum  paid  him  on  account  of  his  compensation  aud  ex- 
penses incident  to  bringing  despatches  to  the  Seat  of  Government, 
By  Peter  Chouteau,  Indian  agent,  for  the  following  sums  paid  him,  per  receipts, 
in  bills  of  exchange,  drawn  in  favor  of  sai<l  Chouteau,  and  paid  by  the  follow- 
ing warrants,  which  are  charged  to  Gen.  Wilkinson. 

No.  9188,  for  a  bill  dated  21st  April,  1806,       -  -  -    $970  00 

-       -       -   420  00 

-  300  00 

-  150  00 

-  200  00 

-  100  00 

-  200  00 

-  200  00 

-  278  00 

-  600  00 


k( 

do. 

30th    do. 

4fr 

9225, 

do. 

15th  May, 

4b 

fcW 

do. 

26th    do. 

4h 

9276, 

do. 

26th  June, 

fct. 

9279, 

do. 

18th    do. 

ii 

a 

do. 

21st    do. 

(4 

9281, 

do. 

26th    do. 

bW 

9301, 

do. 

18th    do. 

64 

9313, 

do. 

29th    do. 

.4 

2,025  00 
500  00 

50C  00 


.M6 


FINANCE. 


[1809. 


Ck. 


1807. 


1808. 
June  13, 


30, 


1809,  Jan.    13. 


No.  9323,  for  a  bill  dated  30th  .luly, 
9333,  do.  30th     do. 

9351,  do.  30th     do. 


1806, 


For  this  sum,  paid  him  per  receipt  4th  August,  1806,  on  account  of 
the  Indian  department,         ---... 


$263  00 
512  00 
384  57 

82  13 


By  James  B.  Many,  captain. 

For  amount  paid  on  sundry  orders,  drawn  on  him  by  said  Many,  on  account  of 
the  ransom  of  Osage  captives.  -  -  -  -  - 

By  Daniel  Huglies.  lieutenant. 
For  amount  paid  on  sundry  orders,  drawn  on  him  by  said  Hughes,  on  account  of 
the  ransom  of  Osage  captives,  -  -  -  .  . 

By  Peter  Dorion,  interpreter  to  the  Sioux  Indians, 

For  amount  advanced  him  for  compensation,  from  1st  January  to  31st  March, 
1808,  -  -  -  -  -  -  -      135  00 

For  ditto,  ditto,  to  31st  Marcli,  1808,  on  account,  -  -        65  00 

For  ditto,  ditto,         ditto,  to  30th  September,  1808,        -  -      208  00 

For  ditto,  ditto,         ditto,  to  30th  November,  -  -       90  00 


By  Barony  Vasques,  interpreter, 
For  amount  advanced  him,  on  account  of  his  compensation  as  an  interpreter  to 
the  Kanzas  Indians,  per  receipt,  -  -  -  .  . 

By  Pierre  Lefevre,  interpreter  at  Arkansas, 

For  amount  advanced  him  on  account  of  his  compensation,  per  receipt  of  26th 
January,  1806,  ---.-.. 

By  William  Ewing,  Indian  agent,  for  amount  of  sundry  payments  made  on  his 
order,  per  abstract,  ---... 

By  quartermaster  de|)artment,  1806, 
For  amount  paid  William  Massej;,  for  a  tract  of  land  on  the  river  Missouri,  in 
the  territory  of  Louisiana  and  district  of  St.  Louis,  called  Bellefontaine,  for  a 
site  for  a  cantonment,  Indian  factory,  &c.  -  .  .  . 

By  Indian  department,  1805, 
For  amount  paid  Robert  Dickson,  for  expenses  conductinga  criminal  of  the  Sioux 
nation  of  Indians,  from  the  Prairie  du  Chieii  to  St.  Louis,  in  1805,     -      607  99 
For  amount  paid  yVnthotiy  Naw,  for  his  services  as  interpreter  of  the 
French  language  for  the  Indian  department,  from  12th  September  to 
the  31st  December,  1805,         -  -  -  -  -      111  00 

For  services  of  J.  V.  Garnier,  as  interpreter  of  the  Frencii  language, 
and  as  secretary  to  a  conference  at  St.  Tjouis,  by  Governors  Wilkin- 
son and  Harrison  with  sundry  Indians,  from  5th  to  18th  October, 
1805,  at  4  dollars  per  day,       -  -  -  ■■  -        52  00 


537  00 


By  Indian  department,  1806, 
For  amount  paid  Lewis  Crawford,  for  rum  and  duiant,  furnished  on  the  order  of 
captain  M.  Lewis,  to  tiie  A3'ouwais  and  Sioux,  and  to  an  interpreter  of  their 
language,  for  his  services  conducting  them  from  their  village  to  St. 
Louis,        ..----- 

For  amount  paid  Lieutenant  Z.  M.  Pike,  to  reimburse  him  sundry  expen 
ditures  made  on  an  expedition  to  the  head  of  the  Mississippi,  includ- 
ing pay  of  Rosseau,  from  8th  September,  1805,  to  18th  April,  1806,   -      374  67 

For  amount  disbursed  by  him,  from  1st  January  to  3Ist  July,  1806,  on 
account  of  the  Indian  department — 
For  amount  paid  A.  Naw,  as  interpreter,  from  1st  January  to  31st  July, 
1806;  pay  of  M.  Baiada,  interpreter  to  a  party  of  Mahas,  from  20th 
May  to  20th  July,  1806:  pay  of  M.  Price,  interpreter,  trom  May  1st 
to  5th  June,  1806;  J.  Ronville.  19lh  April  to  31st  May;  P.  Lisser, 
for  going  express  to  the  Kickapoos;  and  for  sundry  supplies  and  pre- 
sents to  Indians,  _  .  -  -  . 
For  amount  paid  l)y  him  for  ransom  of  sundry  Osage  captives,  and  ex 
penses  incident  tliereto,           -               -               -               - 


590  84 


363  53 


By  pa>;  of  the  army,  1808, 
For  his  pay  as  brigadier  general,  from  1st  March  to  30th  June,  1808,  at 

225  dollars  per  month,  ...... 

By  pay  of  the  army,  1808: 

For  his  pay  as  brigadier  general,  from  1st  July  to  31st  December,  1808,  at  two 
hundred  and  twenty-live  dollars  per  month,     -  -  -  .  - 

By  subsistence  of  the  army: 

For  extra  allowance  of  thirty-six  rations  ))er  day.  at  Natchitoches,  from  13th  to 
30th  Septembei',  1806,  eigiileen  days,  864  rations,  at  17y\,  cents,  $113  40 

For  ditto,  at  said  place,  from  1st  October  to  the  11th  Novembei'.  1806, 


inclusive,  forty  two  days,  1.513  rations,  at  18  cents  per  ration. 
For  ditto,  at  New  Orleans,  fiom  13th  November,   1806,  to  24th  May, 
1807,  194  days,  6,984  rations,  at  15  cents,         -  -  -  1,047 


16 


60 


By  quarfermastei's  department: 

For  allowance  of  (juarters,  stables,  &c.  when  on  command  in  New 
Orleans,  tor  which  he  receivetl  no  compensation,  from  25lh  No- 
vember, 1806,  to  31th  May,  1807,  six  months,  at  one  hundred  dol- 
lars per  month,        -  "  .. 


Bv  balance  due  the  United  States, 


$1,433  16 


600  00 


4,658  70 
153  33 

1,575  17 


498 

00 

50 

00 

50 

00 

376 

00 

250  00 


770  99 


1,856  (13 
900  00 
1,3.50  00 


*^  2,033  16 


$17,546  38 
7,891   03 


^35,437  41 


•  The  above  allowance  of  $3,033  IG,  was  made  liim  by  the  Secretary  of  War,  which  was  disallowed  at  this  office,  on  the 
principle  of  its  being  contrary  to  law,  of  the  ICth  Mai-ch,  1^02,  fixing'  his  allowance  as  brigadier  general,  and  for  reasons  more 
fully  detailed  in  my  letter  to  tlie  Comptroller,  under  date  of  tlie  10th  Janiuary,  1809,  and  afterwards  admitted  by  the  accounting' 
officers  of  ihc  treasury,  on  the  opinion  of  the  Attorney  General,  of  the  9th  January,  1809. 

Department  of  War,  Jlcc.oitnlanPs  Office,  February  13,  1809. 

WILLIAM  SIMMONS,  Jiccountant  of  liar  Deparlment. 


1809.]  COMM  ANDER-IN-CHIEF  OK    rilE  ARMY.  347 

No.   G. 

Aciolnt.wt'.s  Office.  February  'iO,  1808. 
Sir: 

On  the  luljustment  of  the  acciiunts  of  (he  niililary  asenis  and  their  assistants,  it  appears  tliat  disburr-einenis 
have  been  made  on  your  account,  whicli  ihe  act  ol' Consress  tixins  the  military  peace  establislimeiit  does  not  autho- 
rize. I  have,  consequently,  been  compelled  to  charije  all  sucli  disbursements  to  your  personal  account,  thereby 
consideiably  increasing  the  balance  standing  lo  your  debit  on  the  books  of  this  office. 

Of  this  circumstance  I  iiave  thought  it  my  duty  to  acquaint  you,  and  to  suggest  the  propriety  of  a  settlement  of 
your  public  accounts  while  your  presence  at  the  seat  of  Government  may  aftbrcj  the  means  of  facilitating  such  set- 
tlement. 

[  am,  &c. 

^^!LLI AM  SIMMONS. 
Brigadier  General  J.  Wilkinso.n,  tf'ushington  Ciltj. 

No.  7. 

.\ccouNTANi's  Office,  March  2'.'..  I80S. 
Sir: 

I  have  received  your  letter  of  the  lOtli  instant,  and.  in  reply,  have  to  observe,  ihat  it  was  not  my  intention, 
by  the  letter  addressed  to  you  on  the  -'0th  ultimo,  to  bring  into  view  any  of  the  irregular  expenditures  \\hich  have 
been  made  by  your  orders, arising  under  the  peculiar  ciicumstances  you  have  mentioned.  Those  to  which  my  letter 
had  reference,  are  the  payments  made  by  the  niilitary  agents  and  their  assistants,  from  time  to  time,  for  the  trans- 
portation of  your  baggage,  purchase  of  fuel,  forage,  &c.  on  your  personal  account:  allowances  which  are  positively 
forbidden  by  the  4th  section  of  the  law  iixing  the  military  peace  establishment,  under  date  the  Itith  March.  180d. 
It  was  also  the  object  of  that  letter,  to  bring  to  your  view  the  balance  of  Si.yoi  13,  standing  to  your  debit  on  settle- 
ment of  your  account  1 1th  June,  1S05,  both  of  which  items,  together  with  the  sum  of  seven  hundred  dollars  received 
from  Lieutenant  Hook,  on  the  1 1th  May,  1805,  and  a  draft  draw  n  by  you  on  this  department,  ihe  4th  October,  1806, 
expressed  for  the  contingent  services,  and  omitted  10  be  credited  by  you  in  any  account  rendered  to  this  office,  1 
deem  it  my  duty  to  request  that  you  will  account  for  as  early  as  practicable. 

I  am,  &c. 

WILLIAM  SIMMONS. 
Brigadier  General  J.  \\  ilkinson,  City  nf  JJ a^hini(lon. 

No.  S. 

Sir: 

In  reply  to  your  letter  of  the  10th  instant,  requesting  to  be  informed  what  was  the  daily  allowance  admitted 
for  your  services  w  hen  engagetl  as  a  commissioner  on  Indian  aftairs,  in  IbOl,  '-2.  and  '.'?,  i  have  the  honor  to  state,  that 
your  account  on  that  head  has  been  credited  with  the  ibilowing  anmunts,  viz: 

Compensation  as  commissioner  for  holdiitg  treaties  with  the  Cherokee,  Choctaw,  and  Creek  Indians,  from 

letli  July.  1801.  to  SOth  October,  180-J.  iiiti  days,  at  S8.  --....  s:'.728 

Compensation  as  commissioner  to  determitie  and  mark  the  Choctaw  boundary  line,  fiom  -Jlst  October,  liso-i, 

to  oil  December,  1803.  10;t  days,  at  §it;,  .---.._..   y.  154 

Compensation  while  on  your  route  from  Mobile  to  New  Orleans,  from  4th  to  Ifith  December,  1803.  and  from 

NewOrleans  to  Philatlelphia,  from -Jjth  April  to  1st  June,  1804,  50  days,  at  $8,      -  -  -  -      400 

It  will  be  understood,  that  the  above  compensations  are  in  addition  to  the  expenses  of  your  table,  as  commis- 
sioner, and  travelling  expenses,  and  also  in  addition  to  your  pay  as  commander-in-chief. 

AMiile  on  the  subject  of  your  accounts,  permit  me  again  to  call  your  attention  to  thf  contents  of  my  letter  to  you 
of  the  -23(1  March  last,  and  to  add,  that,  since  that  date,  the  debits  of  jour  accounts  have  considerably"increased."the 
amount  of  which  will  constitute  one  of  the  iteivis  in  the  list  of  balances  about  to  be  laid  before  ("ongress,  unless  pre- 
viously accounted  for. 

I  am,  &c. 

WILLIAM  SIMMONS. 
Brigadier  General  J.  \V  ii.ki.nson,  City  of  li'ushini^ton. 


AciOU.vrANT's  OniCF,.  .\oi;c7iibcr  16.  1808. 


Summary  Statement  of  the  allotcance^  and  advances  of  luoncy  made  by  the  Department  of  JJ'ar  to  Brii^adier 
General  James  JJ'itkinson,  incU(ding  the  supplies  received  from  himhy  aiicnts  of  the  H'ar  JJepurlmeni,  since 
the  passai^e  of  the  act  of  March  16.  1802.  ntlier  than  the  nwnthly  pay  of  $-2-25  00,  and  the  stationary  allowed  &y 
that  act. 

<9nioirn!  of  Statement  A. 

Showing  the  moneys  which  have  been  allowed  and  paid  lo  General  \\'ilkinson.  and  the  objects  of  such  allowances 
and  payments,  since  the  16th  of  March.  1802.  over  and  above  the  pay  of  ai'2-25  per  month,  prescribed  and 
limited  by  the  fourth  section  of  the  act  of  Congress  oi  that  date,  and  of  tlie  supplies  whicli  have  been  received 
by  him  in  the  capacity  of  Brigadier  General,  viz: 

\mount  of  allowances  made  to  General  ^\'ilklnson,  -----  -       $-2. 080  57 

.\mount  of  supplies  received  by  him  from  agents  of  the  department,  and  brought  to  his  debit  in  the  ac- 
count current  herewith,  marked  D.  the  amount  of  which  is  included  in  the  balance  standing  to  his 
debit,  on  that  statement,  .  -  _  .  .  .  -  .  $1,'247  73 

.imoxnt  of  Statement  B. 

Showing  the  moneys  allowed  and  paid  to  Brigadier  General  James  ^^'ilkinsotl.  as  Indiaticommissiotier, 
commencing  on  the  12th  July.  1801,  the  date  of  his  appointment,  and  enditig  the  1st  June,  1804.  the 
date  of  his  return  to  Philadelphia,  viz: 

Compensation  as  commissioner,  from  12th  Julv  1801,  to  16tli  Deecmber,  1803.  and  fio;ii  25th  April  to 
the  1st  of  June,  1804,      -  -■----.-  $6,58200 

Personal  expenses  as  commissioner,  -------  2,715  29 


Kxpeuditures  other  than  personal,  having  relation  to  the  formation  of  the  treaties  and  run 

ning  the  boundary  lines,  &c.       --------  .'!,(5'2   10 


y.'297  29 


348  FINANCE.  [1809. 

Expenses  of  Wilkinson,  Hawkins,  and  Pickens,  joint  Commissioners,  viz: 

Articles  for  subsistence  of  themselves,  their  attendants,  and  horses,  household  and  table 
furniture,  and  table  expenses,  -  -  .  -  -  -  $5,026  '20 

Other  expenditures  for  provisions  supplied  the  commissioners  and  the  Indians 
attending  the  treaty,  (which  could  not  be  separated)  and  also  pay  of  inter- 
preters and  attendants,  &c.  &c.  .....  9,968  41 

14,994  61 
Disbursements  by  the  Quartermaster  General,        -  -'  -  -  3,121  50 


18,116  II 


Jimount  of  Statement  C. 


Showing  the  expenses  incurred  by  General  Wilkinson  and  Governor  Claiborne,  commissioners  for 
taking  possession  of  New  Orleans,  viz: 

Table  and  house  expenses  of  the  commissioners,  from  7th  December,  1803,  to  34th  April, 
1804,       ---------  S6,320  23 

Household  furniture  for  the  commissioners,  ....  -  200  50 

Pay  of  steward  to  the  commissioners,  from  I6th  January  to  23d  April,  1804,  99  00 


6,619  72 


Amount  of  Statement  D. 


Showing  the  state  of  James  Wilkinson's  account  as  Brigadier  General,  on  tne  books  of 
this  office,  since  the  16tii  March,  1802,  which  includes  the  advances  made  to  him  by  the 
War  Department,  and  by  the  several  agents,  together  with  the  supplies  received  by 
him  subsequent  to  that  date,  as  far  as  accounts  and  information  have  been  received  at 
this  office,  exhibiting  a  balance  due  the  United  States,  -  -  .  -  7^891  o3 

In  addition  to  the  balance  of  $7j891  03,  it  may  be  proper  to  remark,  that  the  late  Quarter- 
master General,  John  Wilkms,  Jr.  has  forwarded  to  this  office  a  list  of  moneys  stated 
by  him  to  have  been  advanced  on  public  account,  for  which  he  claims  a  credit,  and  on 
which  General  Wilkinson's  name  appears,  for  $3,879  71,  which,  added  to  the  above 
sum  would  constitute  a  balance  to  the  debit  of  General  Wilkinson,  of  $11,770  74.  The 
vouchers  for  the  advance  not  having  been  forwarded  by  the  Quartermaster  General,  the 
account  has  not  been  acted  upon.         .-...--.  3,879  71 

$19,268  89 


Department  of  War,  .Iccountant' s  Office,  February  13,  1809. 

WILLIAM  SIMMONS,  .Accountant  Department  qf  War. 


lOih  Congress.]  No.  297.  [2d  Session. 

ACCOUNTABILITY    IN   THE  NAVY    DEPARTMENT. 

COMMUNICATKD  TO  THK  SENATE,  FEBRUARY  25,   1809. 

Mr.  Giles  communicated  the  following  letter  and  statement  from  the  Secretary  of  the  Navy: 

Sir: 

The  enclosed  is  a  hasty  sketch  of  the  ideas  suggested  to  me  in  reading  the  bill  before   the  Senate,   entitled 
"  A  bill  further  to  amend  the  several  acts  for  the  establishment  and  regulation   of  the    Treasury,  War,  and   Navy 

Departments." 

Kespecttully, 

ROBERT  SMITH. 


February  ^2b,  1809. 


Warrant^  drawn  by  the  Secretary  of  the  Navy  upon  the  Treasurer  of  the  United  States,  do,  at  this  time,  an<l 
fir  many  years  have,  specified  the  particular  appropriation  or  appropriations  to  which  the  same  should  be  charged. 
This  is  the  established  usage  of  the  Navy  Department,  and  there  are  to  it  but  a  few  exceptions,  in  cases  of  inevitable 
necessity,  wherein  bills  have  been  drawn  to  defray  contingent  expenses,  incurred  on  a  distant  station. 

The  moneys  paid  by  virtue  of  such  warrants,  are  charged  in  llie  books  of  the  .Accountant  of  the  Navy,  in  such 
manner  antl  form  as  the  Treasury  Department  have,  and  from  time  to  time  may  prescribe,  the  Accountant  of  the 
Navy  having  ever  considered  hnnself,  as  to  the  forms  of  keeping  his  accounts,  altogether  under  the  controlling 
superintendeiicy  of  the  Treasury  Department. 

It  is,  at  present,  the  duty  of  all  navy  agents  to  make  their  requisitions  upon  the  Navy  Department,  for  moneys, 
agreeably  to  the  specifications  of  the  appropriation  law,  and  to  render,  monthly,  distinct  accounts  of  the  application 
of  all  moneys,  according  to  the  appropriation  or  appropriations  under  which  the  same  shall  have  been  drawn.  Pa- 
pers A  and'B  are  copies  of  the  instructicms  to  the  navy  agents,  upon  this  subject. 

in  this,  first  section,  1  find  the  following  provision:  "  Nor  shall  any  credit  be  allowed  to  either  of  them,  (agents) 
except  for  expenses  authorized  by  law,  and  for  the  amount  appropriated  for  the  same."  Under  such  restrictions, 
no  a'^ent  would  make  a  purchase,  or,  indeed,  incur  any  expense,  without  having  money  in  hand  to  meet  it,  because 
he  could  not  know  the  exact  state  of  the  appn)priati(m  out  of  which  such  expense  was  to  be  p<iid;  or,  if  he  knew  the 
unexpended  balance  of  each  appropriation,  he  could  not  know  what  dispositions  the  Department  might  have  made 
respecting  such  balances;  he  would,  therefore,  never  make  a  purchase  without  having  in  hand,  money  of  the  appro- 
priation under  which  such  purchase  would  fall.     What  would  be  the  effect  .' 

Suppose,  in  time  of  war.  a  public  vessel  should  arrive  at  any  port  distant  from  the  seat  of  government,  viz:  New 
Orleans:  should  be  in  waiil  ol"  repairs  and  supplies,  and  should  be  on  important  service,  which  requires  her  depar- 
ture froin  such  port  with  the  least  possible  delay;  her  commander  calls  upon  the  agent  for  the  requisite  supplies, 
which  amount  to  $2,000  worth  of  provisions  and  $3,000  of  repairs;  the  agent  has  in   liand,  money   enough  for   the 


1809.]  ACCOUNTABILITY    IN    THE    NAVY    DEPARTMENT.  349 

repairSjbut  not  for  the  provisions,  lie  must  then  write  to  the  Secretaiy  of  tlie  Navy  for  money  for  the  provision.,, 
and  before  he  gets  an  answer  liom  the  Secretary,  three  months  may  have  expired.  In  this  case,  the  vessel  would 
be  detained  three  months  for  want  of  provisions;  and,  if  the  agent  sliould  have  a  balance  of  $5,000  in  his  haii(i>, 
out  of  any  otiier  appropriation  than  tiiat  of  provisions,  it  wouhl  not  pievent  the  detention  of  the  vessel:  for,  if  iie  ap- 
piieil  any  part  of  that  $5,000  to  the  purchase  of  provisions,  he  could  not  be  allowed  credit  for  such  puichase.  The 
agent  could  not,  in  this  case,  or  in  any  other,  negotiate  a  bill  on  the  Departuieid,  because  he  would  never  know 
the  exact  state  of  the  appropriations. 

Would  it  be  possible  for  the  Secretary  of  the  Navy  to  keep  the  agents  precisely  informed  as  to  the  actual  balan- 
ces on  hand,  of  each  and  every  appropriation:  or  could  he  convey  such  iidormatioii  in  auy  useful  degree?  Although 
he  might  direct,  daily,  returns  ot  each  aTid  every  warrant,  upon  each  and  every  :i|)|)ropi'iation.  to  he  made  to  the 
agents,  still,  before  such  returns  could  n  ach  diem,  and  particularly  those  at  a  distance,  the  balances  would  be  con- 
siderably reduced  by  the  daily  diafts  upon  tliein,    and  might,  possibly,  be  exhausted. 

If  it  were  possible  to  convey  such  iidormation  as  would  enable  the  agents  to  a^certain  the  exact  balances  on  any 
day  of  the  year,  this  would  not  iemo\e  the  direction  stated.  No  agent  could  tell,  without  previous  instiuctions 
from  the  Secretary  of  the  Navy,  how  far  lie  could  safely  draw  upon  such  balances,  as  he  could  not  possibly  know 
what  other  agents  might  have  drawn  for.  Suppose  a  balance  of  $10,000,  on  account  of  repaiis.  and  that  the  agents 
at  New  York,  Norfolk,  Charleslon,  and  New  Oileans,  know  of  this  balance:  diat.  at  each  of  these  places,  there 
are  one  or  more  vessels  requiring  repairs:  how  can  e.ich  agent  know  what  tl\e  others  may  want  ?  No  one  of  them 
can  judge;  they  will,  therefore,  all  write  for  instructions  to  the  .Secretary  of  the  Navy,  ami  wait  to  receive  them 
before  they  commence  the  requisite  repairs.  Under  the  provisions  of  this  section,  it  would  be  the  duty  of  the 
Secretary  of  the  Navy  to  instruct  the  agents  to  this  effect. 

Such  instructions,  as  to  public  vessels  on  foreign  stations,  v\'ould,  in  a  still  greater  degree,  impede  the  public 
service.  Such  a  vessel  might  be  detained  in  port  six  months,  at  an  expense  of  $50,000,  for  want  of  $6,000,  for 
provisions  and  repairs,  as  the  agent  would  not  undertake  to  make  an  advance  foi-  the  Government  to  such  an  amount; 
because,  if  he  did,  and  should  happen  to  exceed  the  appropriation,  he  would  not  have  credit  for  tiie  same. 

The  provision  in  the  latter  part  of  this  section,  which  authorizes  the  President,  "  during  tlie  recess  of  C'ongress," 
on  the  application  of  the  Secretary,  and  not  otherwise,  to  direct  "a  portion  of  the  moneys  appropriated  for  a  par- 
ticular branch  of  expenditure,  to  be  applied  to  another  branch  of  expenditure,  in  the  same  department."  would  not 
remove  these  difficulties.  This  provision  would  be  found  a  deception,  in  practice:  it  ^\ould  not  enable  an  agent  to 
make  such  application  of  moneys,  without  a  previous  special  instruction  from  the  Secretary  of  the  Navj'.  Hence, 
"  the  public  service  would  be  nearly  as  much  impeded"  with,  as  without  this  jirovision.  The  agents  would  not 
presume  upon  the  sanction  of  the  President,  and  draw  on  the  Department;  that  would  be  applying  the  money  before 
the  President  is  consulted;  whereas,  the  President  can  only  sanction  such  application  beh)re  it  is  made.  He  has 
not  power  to  do  it  afterwards.  But,  if  this  objection  could  be  removed,  it  miglit  happen  that  the  bill  would  arri\e  at 
the  seat  of  government,  not  '*  in  the  recess,"  but  duiing  the  session  of  Congress:  in  such  case,  the  President  would 
have  no  right  to  give  his  sanction.  A\'hat,  then,  would  be  the  consequence  .^  The  bill  is  drawn  payable  at  sight:  the 
appropriation  on  which  it  is  drawn  isinsuthcient  to  pay  it;  it  cannot,  therefore,  be  paid;  the  holder  protests  the  bill, 
and  resorts  to  the  drawer  for  payment  of  principal,  interest,  costs,  and  damages. 

The  provisions  of  the  second  section  may  be  useful.  It  may  be  proper,  however,  for  me  to  observe,  that  1  know 
of  no  "  injurious  delays,"  on  the  part  of  the  accountant  of  the  Navy,  in  the  settlement  of  accounts. 

As  to  the  provisions  of  the  third  section,  not  knowing  how  many  agents  the  War  Department  will  require.  I  can 
form  no  opinion  as  to  the  number  that  may  remain  to  the  Navy  Department.  I  would  only  respectfully  submit  to 
the  consideration  of  Congress,  whether  the  number  of  essential  agents  of  one  department  should,  at  all,  be  affected  by 
the  number  that  may  be  deemed  necessary  to  a  distant  department  of  the  Government.  Under  the  limitations  con- 
templated, serious  injuries  to  the  public  service  might,  and  probably  would  happen.  A  public  vessel  might,  by 
stress  of  weather,  or  any  other  cause,  be  compelled  to  put  into  a  port  where  there  is  no  agent.  The  commanding 
officer,  in  such  case,  would  not  undertake  to  purchase  supplies  himself;  he  knows  nothing  about  the  state  of  the 
appropriations,  and  would  not  choose  to  put  to  hazard  all  his  pay,  probably  all  his  fortune.  He  must  write  to  the 
Secretary  of  the  Navy  for  instructions:  and  hence  would  result  injuries,  necessarily  producetl  by  such  unavoidable 
<lelays,  and  by  the  appointment  of  some  temporary  agent,  who  would,  probably,  be  ignorant  of  his  duties. 

The  Navy  Department  has.  hitherto,  distributed  the  advantages  of  public  expenditures,  so  that  every  part  of 
the  Union  has  participated.  Under  the  provisions  of  this  section,  those  advantages  would  be  monopolized  by  the 
towns  in  which  the  Department  would  have  agents.     In  these  towns  all  purchases  would  be  made. 

A\  ith  respect  to  the  provisions  of  the  fourth  section,  it  is  proper,  and  it  is  at  present  prescribed  by  law ,  that  the 
Comptroller  of  the  Treasury  shall  give  instructions  to  the  accountant  of  the  Navy,  as  to  the  forms  of  rendering 
accounts,  and  as  to  his  giving  such  forms  to  the  navy  officers  and  agents;  and  this,  I  presume,  is  tiie  intention  of 
this  section.  It  is  not,  I  trust,  intended,  that  such  forms  shall  be  sent  directly  from  the  Treasury  Department  to 
agents  of  the  Navy  Department. 

The  fifth  section  provides,  that  "  no  purchase  or  contract  for  supplies  or  services,  shall  be  made  without  the 
President's  approbation,"  &c. 

Is  a  piece  of  kentlege  to  be  purchased,  the  President  must  previously  approve  the  purcliase;  is  a  laborer  or  a  sea- 
man to  be  hired,  the  President  must  previously  approve  the  hiring.  What  iloes  the  duty  of  approving  or  disapprov- 
ing a  purchase  imply.''  It  implies  a  knowledge  of  the  quality,  value,  use,  and  quantity  required,  of  each  and  every 
article,  the  purchase  of  which  is  to  be  appioved  or  disapproved.  If  such  knowledge  is  not  possessed,  the  duty  can- 
not be  properly  performed. 

But,  indepenilently  of  the  impropriety — the  unfitness  of  imposing  such  duties  upon  the  first  magistrate  of  the 
nation — what  would  be  the  effect,  in  practice  .'  In  some  few  cases,  it  might  be  partially  (lone;  in  most  cases  it 
would  occasion  great  losses  and  delays.  In  cases  of  purchases  at  the  seat  of  Government,  it  might  be  partially  done; 
but.  in  purchases  required  at  distant  ports,  it  would,  obviousl}%  pioduce  great  delays.  Suppose  a  public  vessel  is 
at  Gibraltar,  and  requires  supplies;  not  a  single  purchase  could  he  made  without  the  previous  approbation  of  the 
President;  and,  indeed,  under  the  provisions  of  this  section,  not  a  man  could  be  entered,  to  supply  the  place  oi'one 
that  might  have  deserted,  or  died,  or  have  been  killed  in  action. 

The  President,  it  is  provided,  may  apjnove,  either  before  or  after  the  purchase.  Sec.  This  subsequent  approba- 
tion of  the  President,  to  purchases,  i:c.  will  not  be  considered  as  a  matter  of  course;  he  will  exercise  his  juclgment, 
and  approve  or  reject,  as  it  shall  dictate.  Who  then  would  make  a  purchase,  at  the  hazard,  1st,  of  losing  the  v.  hole 
amount,  because  there  might  not  be  funds;  -Jd,  of  having  his  purchases  disapproved  by  the  President.'^  No  agent 
could,  especially  at  a  distance,  make  a  conilition  with  the  vender,  that,  if  the  President  did  not  approve  the 
puichase,  the  articles  should  be  returned  to  him  without  any  compensation;  because  no  person  would  sell  under 
such  circumstances. 

I  take  this  occasion  to  suggest  for  consideration,  whether  it  would  not  be  an  improvement  of  the  present  system, 
if  the  several  Departments  of  the  Government  were,  by  law.  required  to  mak"  to  Congress,  annual  reports  of  the 
expenditures  of  the  respective  Departments,  so  that  Congress  might  see,  whether,  in  any  case,  they  varied  in  object, 
or  transcended  in  amount,  the  estimates  upon  which  the  appropriations  are  founded;  and,  if  they  did,  that  a  satis- 
factory explanation  might  be  therefor  made. 


45         tt 


550  FINANCE.  [1809 


Circular  to  the  Navy  Agents. 

Navy  Department,  9th  March,  1803. 

Tlie  appropriation  law  of  the  prtsent  year,  changing  the  classifications  made  by  the  law  of  the  last  year,  renders 
it  necessary  that  you  sliould  receive  additional  instructions,  as  to  your  future  coiiduct,  in  making  requisitions,  and 
in  tiie  manner  ol  expending  them. 

The  law  of  the  present  year   appropriates — 
For  the  pay  and  subsistence  of  the  ofiicers  and  pay  of  the  seamen,        .  -  -  -      $283,993  00 

For  provisions,  ..-.--.-..         157.360  20 

For  medicines,  instruments,  and  hospital  store.-.,  and  all  expenses  on  account  of  the  sick,  -  -  7,700  00 

For  the  purchase  of  ordnance  and  other  military  stores,  -----  15,00000 

For  repairs  of  vessels,  store  rent,  and  other  contingent  expenses,  -  ■  -  -  182,000  00 

For  timber,  ordnance,  and  other  materials  for  71  gun  ships,  and  trausportatian.    -  -  -         114,425  00 

For  the  election  of  sheds  and  navy  yards,  including  docks  and  other  improvements,  the  pay  of  super- 
intendents, storekeepers,  clerks,  and  laborers,    ------  48,741  87 

There  are  other  appropriations,  which,  however,  either  relate  to  the  iDarine  corps,  or  are  for  deficiencies  in  the 
appropriations  for  1802,  i'or  objects  which  are  comprehended  under  iiie  above  heads. 

I  have  commenced,  atid  shall  progress,  in  the  expenditures,  under  the  determination  not  to  exceed  either  of  the 
particular  sums  appropriated.  I  caimot,  therefore,  lay  my  injunctions  on  you  in  terms  too  forcible,  to  be  extremely 
particuhir  in  des'gnating,  in  your  requisitions,  the  objects  upon  which  the  expenditures  are  to  be  made,  that  we  may, 
at  all  times,  be  able  to  ascertai  nunder  what  heads  of  appropriation  to  make  remittances.  It  will  also  be  expected,  that 
you  will  always  give  a  prospective  detail  of  the  expenditures  as  they  are  contemplated;  that  we  may  make  remit- 
tances with  a  fullunderstanding  of  the  objects  for  vrhich  they  are  made,  and  thus  be  enabled  to  avail  ourselves,  if 
necessary,  of  the  whole  sums  appropriated,  without  exceeding  either  in  the  expenditures. 

In  your  letters  of  requisition,  you  will  be  pleased  to  exclude  all  matter  irrelative  to  the  requisition.  Should  it; 
be  necessary  to  write  to  the  Department  on  other  points  at  the  same  time  that  you  write  for  a  remittance,  be  pleased 
to  communicate  them  in  a  separate  letter. 

We  shall  puy  no  nioney  upon  your  requisitions  unless  made  in  coni'ormity  to  the  preceding  arrangements,  and  I 
confident!)'  rely  upon  your  exertions  to  enable  me  to  carry  these  arrangements  into  complete  eifect. 

The  accountant  of  the  navy  will  give  you  instructions  as  to  expenditures. 

I  am,  respectfully,  sir, 

ROBERT  SMITH. 

E. 

Navt  DKPARTsiiiNT,  Accountani' s  Office. 
Sik: 

Th.e  system  adopted  at  this  office,  for  arranging  the  expenditures  of  the  Department,  requires  that  the  several 
objects  and  expenditures  should  be  kept  separate  and  dist.nct,  as  they  fall  under  the  following  heads,  viz: 

Pay  of  the  navy,  S:c. 

Provisions. 

Hospital. 

Contingent. 

Ordnance. 

Navy  yards  and  docks. 

Pay  of  superintendents,  storekeepers,  &c. 

Gun  Boats. 

The  first  of  tiiese  heads  will  embrace  all  payments  made  on  account  of  the  p.iy  or  subsistence  of  officers,  or  the 
pay  of  seamen. 

The  second  will  include  all  payments  for.  or  on  account  of,  provisions. 

The  third,  all  medicines,  instruments,  and  hospital  stores. 

The  fourth,  all  expenditures,  of  whatever  nature,  on  account  of  lepairs  to  vessels,  and,  indeed,  all  other  expenses 
not  falling  under  any  of  the  other  specific  heads. 

The  fifth,  all  ordnance  or  military  stores  purchased  for,  or  on  account  of,  the  navy. 

The  sixth,  all  expenses,  of  whatever  nature,  incurred  in  the  improvement  of  the  navy  yards,  docks,  and  wharves. 

The  seventh,  the  salaries  and  wages  of  superinteiulents,  storekeepers,  &c. 

The  eighth,  all  expenses,  of  whatever  nature,  incurred  in  building  and  equipping  gun  boats. 

The  form,  herewith  transmitted,  is  framed  on  the  principles  of  this  sys(em,  agreeably  to  wliicli,  you  will  render 
your  accounts  to  this  office,  monthly.  It  may  also  be  necessary  to  oljserve,  that  it  will  be  proper  to  accompany  your 
summary  statement  by  abstracts  fiir  expenditures  on  account  of  each  vessel,  or  other  specific  object,  extending  in 
your  summary  in  one  line  the  aggregate  amount  expended  on  the  particular  object.  And  further,  that,  as  the  com- 
manding officers  are  held  responsible  fijr  regulating  all  expenses  on  account  of  the  vessel  under  their  immediate  com- 
mand, no  supplies  can  be  furnished,  but  by  the  direction,  or  with  the  concurrence,  in  writing,  of  the  officer  command- 
ing; and,  in  all  cases  where  articles  are  delivered,  or  services  of  any  kind  rendered,  to  a  vessel,  it  will  be  tlie  duty 
of  the  commanding  officer  to  receipt  for  the  articles,  and  to  certify  that  the  services  were  rendered;  and  this  evidence, 
in  addition  to  bills  with  receipts,  stating  the  amount  paid  for  all  expenditures  whatever  on  account  of  the  vessel,  will 
be  necessary,  to  entitle  you  to  credit  at  this  office.  And  for  all  expenditures,  of  whatever  nature,  bills  and  receipts  will 
be  required.  Italso  may  not  be  unnecessary  to  observe,  that  all  receipts  must  be  signed  by  the  person  entitled  to  re- 
ceive, and  that  the  receipt  of  one  person  ior  another  will  not  be  admitted,  unless  accompanied  by  an  order,  in  writing. 

No  payments  or  advances  are  to  be  made  to  any  officer  of  the  navy,  on  account  of  pay,  &c.,  unless  particularly 
instructed  from  this  Department. 

Herewith,  you  will  also  receive  a  form  f;)r  the  return  of  public  stores.  The  object  of  this  return  is  to  exhibit  a 
clear  and  distinct  view  of  the  number,  quality,  and  value,  of  the  articles  purchased,  and  not  iiranediately  expended, 
or  delivered;  and  also  those  received  from  agents  or  vessels  of  war.  arranged  in  appropriate  columns.  Quarterly  returns 
of  these  accounts  will  be  made  to  this  office,  exhibiting  the  number,  quantity,  and  value,  of  the  several  articles  on  hand 
at  the  beginning  ot  the  quarter,  the  articles  purchased  within  the  quarter,  and  also  those  received  from  other  navy 
agents  or  vessels  of  war,  as  well  also  those  that  may  be  delivered  within  the  quartei",  thereby  showing  the  balance  of 
articles  remaining  on  hand,  at  the  end  of  the  quarter.     Vouchers  for  all  deliveries  must  also  accompany  the  return. 

Respectfully,  I  am,  &c. 

Navy  Department,  Accountant'' s  Office,  February  24,  1809. 

The  foregoing  is  a  copy  of  instructions  that  issue  from  this  office  to  the  navy  agents,  in  relation  to  the  manner 
of  keeping  and  exhibiting  their  accounts,  varying  the  heads  of  expenditure,  from  time  to  time,  as  it  may  be  necessary 
to  correspond  with  the  specific  appropriations. 

This  system  it  was  thought  advisable,  by  thin  Department,  to  adopt,  in  the  year  1803.  and  it  has  been  pursued  ever 
since.  Antecedent  to  that  time,  the  accounts  were  kept  under  heads  of  expenditure,  according  to  instructions  from 
the  Comptroller  of  the  Treasury,  without  regarding  the  specific  heads  of  appropriation. 

THOMAS  TURNER,  Mcountanf. 


1809.1  KANKOF   THE    UNITED    STATES.  351 


lOth  Congress.]  JNJo.    298.  [2j    Session. 

BANK    OK   T51E    UNITED    STATES. 

COMMnNlCATin  TO  TlIK  SENATE,  ON  THE  3d  OF  MARCH,   1809. 

The  Secretary  of  the  Treasury,  to  wliotn  was  referred  the  memorial  of  tiie  stockhoUlers  of  the  Rank  of  the  United 
States,  prayins;  for  a  renewal  of  their  charter,  which  will  expire  on  the  11th  day  (if  March,  1811,  respectfully 
submits  the  fotlowing  report: 

The  Bank  of  the  Ignited  States  was  incorporated  by  act  of  ^larch  -Jd,  1791,  with  a  capital  of  ten  millions  of 
dollars,  divided  into '25,000  shares,  of  100  dollars  each.  Two  niillitms  of  dollars  were  subscribed  by  the  United 
States,  and  paid  in  ten  equal  animal  instalments.  Of  the  eight  millions  of  dollars  subscribed  by  individuals,  two 
millions  were  paid  in  specie  and  six  millions  in  six  per  cent,  stock  ol  the  United  States.  Two  thousand  four  hun- 
dred anil  ninety-three  of  the  shares  belonging  to  Government  were  sold  in  the  yeais  ITtH!  and  1797,  at  an  ad\aiice  of 
•25  per  cent.:  two  hundred  and  eighty -seven  were  sold  in  the  year  1797,  at  an  acUance  of  '20  per  cent.,  and  the  other 
two  thousand  two  hundred  and  twenty  shares  in  the  year  1802,  at  an  advance  of  45  percent.;  makingtogether,  exclu- 
sively of  the  dividends,  a  profit  of  071,800  dollars  to  the  United  States,  'i'he  greater  part  of  the  six  per  cent,  stock, 
originally  paid  by  (he  stockholders,  has  since  been  sold  by  the  bank:  a  porti(ni  has  been  redeemed  by  Government, 
by  tlie  operation  of  the  annual  reimbursement,  and  the  bank  retains,  at  present,  (»!ily  a  sum  of  2.'231,598  dollars,  in 
SIX  per  ceTit.  stock. 

About  eighteen  thousand  shares  of  the  bank  stock  are  held  by  persons  residing  abroad,  who  are,  by  the  charter, 
excluded  from  the  right  of  voting.  The  stockholders  resident  within  the  United  States,  and  who  have  the  exclusive 
control  over  the  institution,  hold  only  seven  thousand  shares,  or  little  more  than  one  fourth  part  of  its  capital. 
They  appoint  annually  twenty-five  directors  of  the  bank  itself,  which  is  established  at  Philadelphia;  and  those  di- 
rectors have  the  entire  management  of  the  discounts  and  other  transactions  of  (he  institution  in  that  city,  and  the 
general  superintendence  and  appointment  of  the  directors  and  cashiers  ol  the  offices  of  discount  and  deposile,  esta- 
blished in  other  places.  There  are  at  present  eight  of  those  offices,  viz.:  at  lioston.  New  Y<jrk,  Baltimore,  Norl'olk. 
Chaileston,  Savannah,  the  city  of  Washington,  anil  New  Orleans.  The  two  last  were  established  at  the  request  of 
the  Secretary  of  the  Treasury. 

The  profits  of  a  bank  arise  from  the  interest  received  on  the  loans  made,  either  to  Government  or  to  individuals; 
and  they  exceed  six  per  cent.,  or  the  rate  of  interest  at  which  the  loans  are  made,  because  every  bank  lends,  not  only 
the  whole  of  its  capital,  but,  also,  a  portion  of  the  moneys  deposited  for  safe  keeping  in  its  vaults,  either  by  Govern- 
ment or  by  individuals.  For  every  sum  of  money  thus  deposited,  the  party  making  that  deposite  either  receives 
the  amount  in  bank  notes,  or  obtains  a  credit  on  the  books  of  the  bank.  In  either  case  he  has  the  same  right,  at  any 
time,  to  withdraw  his  deposite;  in  the  first  case,  on  presentation  and  surrender  of  the  bank  notes;  in  the  other  case, 
by  drawing  on  the  bank  for  the  amount.  Bank  notes  and  credits  on  the  books  of  the  bank,  arise,  therefore,  equally 
from  deposites,  although  the  credits  alone  aie,  in  common  parlance,  called  deposites;  and  the  aggregate  of  those  cre- 
dits, and  of  the  bank  notes  issued,  constitutes  the  circulating  medium  substituted  by  (he  banking  operations  to  mo- 
ney; for  ppyments  from  one  individual  to  another  are  equally  made  by  drafts  on  the  bank,  or  by  the  delivery  of 
bank  notes.  Experience  has  taught  the  directors  what  portion  of  the  money  thus  deposited  they  may  lend,  or,  in 
other  words,  how  far  they  may.  with  safety,  extend  their  discounts  beyond  the  capital  of  the  bank,  and  what  amount 
of  specie  it  is  necessary  they  should  keep  in  their  vaults.  The  profits,  and,  therefore,  the  dividends  of  a  bank,  will 
increase  in  proportion  as  the  directors  will  increase  loans  of  the  moneys  deposited,  and  suffer  the  amount  of  specie 
on  hand  to  diminish.  Moderate  dividends,  when  not  produced  by  some  particular  cause,  which  checks  the  circula- 
tion of  bank  paper,  are  the  best  evidence  of  the  safety  of  the  institution,  and  ol'the  wisdom  of  its  direction. 

']"he  annexed  table  of  all  the  dividends  made  by  the  Bank  of  (he  United  States,  since  its  establishment,  shows 
that  they  have,  on  an  average,  been  at  the  rate  of  8;^  (precisely  S\^)  per  cent,  a  year,  and  proves,  that  the  bank  has 
not,  in  any  considerable  degree,  used  the  public  deposites  fitr  the  purpose  of  extendiirg  its  discounts. 

From  what  has  been  premised,  it  appears  that  the  property  of  a  bank  in  full  operation  con-ists  of  three  general 
items,  viz:  f^lst.  outstanding  debts,  consisting  principally  of  the  notes  payable  at  sixty  days,  which  have  been  dis- 
counted at  the  bank;  •2dly,  specie  in  the  vaults:  3dly,  buildings  necessary  for  the  institution.  On  the  other  hand, 
the  bank  owes,  1st.  to  the  stockholders,  (he  amount  of  the  capital  stock  originally  subscribed,  payable  only  in  case 
ot  the  dissolution  of  the  institution:  '2dly,  to  Govertiment  orindividuals,  the  whole  amount  of  moneys  deposited,  pay- 
able on  demand,  and  including  bo(h  (he  credits  on  the  bank  books,  commonly  called  deposites,  and  the  bank  notes 
in  circulation.  The  account  is  balaiiced  by  the  amount  of  undivided  profits  and  accruing  discounts,  which  consti- 
tute the  fund  for  defraying  current  expenses,  for  payitig  subsequent  dividends,  and  for  covering  contingent  losses. 

The  following  statement  of  the  situatiim  of  the  Bank  of  the  United  States,  including  its  branches,  exhibits  the  true 
amount  of  public  stock,  which  is  still  held  by  (he  institution,  of  the  cost  of  its  buildings,  and  lots  of  ground,  and  of 
the  undivided  surplus  or  contingent  fund,  subsequent  to  the  dividend  made  in  Januai;y  last.  But  the  amount  of  loans 
to  individuals,  or  discounts,  of  specie  in  thevaults,  and  of  moneys  deposited,  including  bo(h  the  credits  on  (he  bank 
books,  commonly  called  deposites,  and  the  bank  notes  in  circulation,  is  taken  on  a  mediutn;  and,  so  far  as  relates,  on 
the  credit  side  of  the  account,  to  specie  on  hand,  and,  on  the  debit  side,  to  deposites,  is  several  millions  of  dollars 
less  than  it  happens  to  be  at  this  moment;  bo(h  having  been  swelled  much  beyond  the  average  by  the  embargo,  and 
by  the  unusually  large  balance  in  the  treasury,  which  is  principally  deposited  in  the  bank.  Some  minor  items,  aris- 
ing from  accidental  circumstances,  are  omitted,  for  the  sake  of  perspicuity. 

[Note. — For  memorial,  see  No.  283.] 


352  FINANCE.  [1809. 

Cr. 

I.  Debts  due  to  the  bank,  viz: 

1.  Six  per  cent,  stock  of  the  United  States,  being  the  residue  of  that  part  of  the  original  sub- 

scription paid  in  public  stocks,  which  is  still  held  by  the  bank,        -  -         $3,230,000 

2.  Loans  to  individuals,  consisting  chiefly  of  discounted  notes,  payable  at  sixty 
days,  and,  in  some  instances,  of  bonds  and  mortgages  taken  in  order  to  secure 

doubtful  debts,  -  -  -  -  -  -  -  -  15,000,000 

3.  Due  by  banks  incorporated  by  the  States,        -  .  .  .  .  800,000 

$18,030,000 

II.  Specie  in  the  vaults.      ------..-..  -        5,000.000 

III.  Cost  of  lots  of  ground  and  buildings  erected,  -.....-  480,000 


Total  credits,  --...-....-    $23,510,000 

Dr. 

I.  Capital  stock  of  the  bank,  payable  to  the  stockholders,  whenever  the  institution  may  be  dissolv- 
ed,        -  -  -  -  -  -  -  -  ■  -         $10,000,000 

II.  Moneys  deposited,  viz: 

1.  Credits  on  the  bank  books,  commonly  called  deposites,  including  the  deposites 
both  by  Government  and  by  individuals,       -  -  -  -    8,500,000 

2.  Bank  notes  in  circulation,      ------    4,500,000 

13,000.000 


Total  debtor,  -.------..    $23,000,000 

Balance,  being  the  amount  of  undivided  profits,  commonly  called  the  "contingent  fund.'"  and  appli- 
cable to  cover  losses  which  may  arise  from  bad  debts  or  other  contingencies,  and  to  extra  dividends,        $510,000 


It  sufficiently  appears,  froni  that  general  view,  that  the  affairs  of  the  Bank  of  the  United  States,  considered  as  a 
moneyed  institution,  have  been  wisely  and  skilfully  managed. 

The  advantages  deiived  by  Goveinment  from  the  bank,  are  nearly  of  the  same  nature  with  those  obtained  by 
individuals,  who  transact  business  with  similar  institutions,  and  may  be  reduced  to  the  following  heads: 

1.  Safe-keeping  of  the  public  moneys. — This  applies  not  only  to  moneys  already  in  the  treasury,  but,  also,  to  those 
in  the  hands  of  the  principal  collectors,  of  the  commissioners  of  loans,  and  of  several  other  officers,  and  affords  one 
of  the  best  securities  against  delinquencies. 

2.  Transmission  of  public  moneys. — .\s  the  collectors  will  always,  in  various  quarters  of  the  extensive  territory 
of  the  Union,  either  exceed  or  fall  short  of  the  expenditures  in  the  same  places,  a  perpetual  transmission  of  money, 
or  purchases  of  remittances  at  the  risk  and  expense  of  the  United  States,  would  become  necessary,  in  order  to  meet 
those  demands;  but  this  is  done  by  the  bank,  at  its  own  risk  and  expense,  for  every  place  where  one  of  its  branches 
is  established,  which  embraces  all  payments  of  any  importance. 

3.  Collection  of  the  revenue. — The  punctuality  of  payments  introduced  by  the  banking  system,  and  the  facilities 
afforded  by  the  bank  to  the  importers  indebted  for  revenue  bonds,  are  amongst  the  causes  which  have  enabled  the 
United  States  to  collect,  with  so  great  facility,  and  with  so  few  losses,  the  large  revenue  derived  from  the  impost. 

1.  Loans. — Although  the  prosperity  of  past  years  has  enabled  Government,  during  the  present  administration,  to 
meet  all  the  public  demands  without  recurring  to  loans,  the  bank  had,  heretofoie,  been  eminently  useful  in  making 
the  advances,  which,  under  different  circumstances,  were  necessary.  There  was  a  time,  when,  exclusively  of  the  six 
per  cent,  stock  held  by  the  institution,  as  part  of  the  original  subscription,  the  loans  obtained  by  Government  from 
the  bank,  amounted  to  6,200,000  dollars.  -A.nd  a  similai'  disposition  has  been  repeatedly  evinced,  whenever  the  as- 
pect of  public  affairs  has  rendered  it  proper  to  ascertain  whether  new  loans  might,  if  wanted,  be  obtained. 

The  numerous  banks  now  established,  under  the  authority  of  the  several  States,  might,  it  is  true,  afford  consi- 
derable assistance  to  Government  in  its  fiscal  operations.  There  is  none,  however,  which  could  effect  the  transmis- 
sion of  public  moneys  with  the  same  facility,  and  to  the  same  extent,  as  the  Bank  of  the  United  States  is  enabled  to  do, 
through  its  several  branches.  The  superior  capital  of  that  institution  offers,  also,  a  greater  security  against  any  pos- 
sible losses,  and  greater  resources  in  lelation  to  loans.  Nor  is  it  eligible,  that  the  General  Government  should,  in 
respect  lo  its  own  operaticuis,  be  entirely  dependent  on  institutions  over  which  it  has  no  control  whatever.  .\ 
National  Bank,  deriving  its  charter  from  the  National  Legislature,  will,  at  all  times,  and  under  every  emergency, 
feel  stronger  inducements,  both  from  interest  and  from  a  sense  of  duty,  to  afford  to  the  Union  every  assistance  with- 
in its  power. 

The  strongest  objection  against  the  renewal  of  the  charter  seems  to  arise  from  the  great  portion  of  the  bank  stock 
held  by  foreigners — not  on  account  of  any  influence  it  gives  them  over  the  institution,  since  they  have  no  vote— but 
of  the  high  rate  of  interest  payable  by  America  to  foreign  counfrie;^,  on  the  portion  thus  held.  If  the  charter  is  not 
renewed,  the  principal  of  that  portion,  amounting  to  about  7,200,000  dollars,  must,  at  once,  be  remitted  abroad :  but, 
if  the  charter  is  renewed,  dividends,  equal  to  an  interest  of  about  8j  per  cent,  a  year,  must  be  annually  remitted  in 
the  same  nr.mner.  The  renewal  of  the  charter  will,  in  that  respect,  operate,  in  a  national  point  of  view,  as  a  foreign 
loan,  beaiing  an  interest  of  83  per  cent,  a  year. 

That  inconvenience  might,  perhaps,  be  removed,  by  a  modification  in  the  charter,  providing  for  the  repayment  of 
that  portion  of  the  principal  by  a  new  subscription  to  the  same  amount,  in  favor  of  citizens;  but  it  does  not,  at  all 
events,  appear  sufficient  to  outweigh  the  manifest  public  advantages  derived  from  a  renewal  of  the  charter. 

The  coiulitions  in  favor  of  the  public,  on  which  this  should  be  granted,  are  the  next  subject  of  consideration. 

The  nett  profit  annually  derived  by  the  stockholders,  from  a  renewal  of  the  charter,  is  equal  to  the  difference 
between  the  annual  dividends  and  die  market  rate  of  interest.  Supposing  this  to  continue  at  six  per  cent,  during 
the  period  granted  by  the  extension  of  the  charier,  and  the  dividenils  to  be  on  an  average  at  the  rate  of  85  per  cent., 
that  profit  will  be  2i  per  cent,  a  year.  If  the  charter  be  extended  twenty  years,  the  value  of  the  privilege  will  be 
equal  to  an  annuity  of  2.4  per  cent,  on  the  capital,  that  is  to  say,  250,000  dollars,  for  twenty  years:  and  such  annuity 
being  payable  semi-annually,  is  w  ortli  almost  2,890,000  dollars.  This,  however,  would  be  much  more  than  any  bank 
would  give  for  a  charter,  as  it  would  leave  it  nothing  but  the  right  of  dividing  at  the  rate  of  six  per  cent,  a  year, 
which  the  stockholders  have  without  a  charter.  It  is  believed,  that  they  would  not  be  willing  to  give  even  half  that 
sum  for  the  extension;  and  that  about  1,250,000  dollars  may  be  considered  as  the  maximum,  which  could  be  obtain- 
ed, if  it  was  thought  eligible  to  sell  the  renewal  of  the  charter  for  a  fixed  sum  of  money. 

It  is,  however,  presumed,  that  the  decision  on  the  conditions,  which  may  be  annixed  to  an  extension  of  the  char- 
ter, will  be  directed  by  considerations  of  a  much  greater  importance  than  the  payment  of  such  sum  into  the  trea- 
sury. The  object  will,  undoubtedly,  be  to  give  to  the  institution  all  the  public  utility  of  which  it  is  susceptible,  and 
to  derive  from  it  permanent  and  solid  advantages,  rather  than  mere  temporary  aid.  Under  these  impressions,  the 
following  suggestions  are  respectfully  submitted: 
I.  That  the  bank  should  pay  interest  to  the  United  States,  on  the  public  deposites,  whenever  they  shall  exceed  a 

certain  sum,  which  might  perhaps  be  fixed  at  about  three  millions  of  dollars. 


1809.] 


THE    MINT. 


35^ 


II.  That  the  bank  should  be  bound,  whenever  required,  to  lend  to  the  United  States  a  sum  not  exceeding  three-fifths 
of"  its  capital,  at  a  rate  of  interest  not  exceeding  six  per  cent.;  tlie  amount  of  sucli  loan  or  loans  to  be  paid  by  the 
bank,  in  instalments,  not  exceeding  a  certain  sum,  monthly,  and  to  be  reimbuised  at  the  pleasure  of  (iovern- 
ment. 


III.  That  the  capital  stock  of  the  bank  should  be  increased  to  tiiirty  millions  of  dollars, 


in  (he  following  inannei-. 


vrz,: 


1.  Five  millions  of  dollars  to  be  subscribed  by  citizens  of  the  Utiited  States,  under  such  regulations  as  would 
make  an  equitable  apportionment  amongst  the  several  States  and  territories. 

2.  Fifteen  millions  to  be  subscribed  by  such  States  as  may  desire  it,  and  under  such  equitable  apportionment 
amongst  the  several  States  as  may  be  provided  by  law:  and  a  branch  to  be  established  in  each  subsciibing  State,  ii 
applied  for  by  the  State. 

3.  The  payments,  either  by  individuals  or  States,  to  be  either  in  specie  or  in  public  stock  of  the  United  States, 
at  such  rates  as  may  be  proviik'd  by  law. 

4.  The  subscribing  vStates  to  pay  theii- subscription  in  ten  aimual  instalnients,  or  sooner  if  it  suits  their  conveni- 
ence, but  to  receive  dividends  in  pioportion  indy  to  the  amount  of  subscription  actually  paid;  ami  their  shares  of 
bank  stock  not  to  be  tiansferable. 

IV.  That  some  shaie  should  be  given  in  tiie  direction  to  the  General  and  Slate  Governments,  the  General  Govern- 
ment appointing  a  few  directors  in  the  general  direction,  and  the  (iovernment  of  each  subscribing  State  appoint- 
ing a  few  directors  in  the  direction  of  the  branch  established  in  such  State. 

The  result  of  that  plan  would  be,  1st.,  that  the  United  States,  receivingan  intei-est  im  the  public  deposites,  might, 
without  inconvenience,  accumulate,  during  yeais  of  peace  and  prosperity,  a  treasure  sufficient  to  meet  perioils  of  wai- 
and  calamity,  and,  thereby,  avoid  the  necessity  of  adding,  by  increased  taxes,  to  the  distresses  of  such  periods.  Se- 
condly, that  they  might  rely  on  a  loan  of  eighteen  millions  (it  dollars,  on  any  sudden  emergency.  Thirdly,  that  the 
payment  of  the  greater  part  of  the  proposed  increase  of  capital,  being  made  in  ten  annual  instalments,  that  increase 
would  be  gradual,  aiul  not  moie  lapid  than  may  be  recpiiied  by  the  progressive  state  of  the  country.  Fourthly,  that 
the  bank  itself  would  form  an  additional  bond  of  common  interest  and  union,  amongst  the  several  States. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  March  2d,  1809. 


Dividends  on  United  States^  Bank  Stock. 


1 

No. 

Rate  per 
cent. 

No. 

Rate  per 
cent. 

I. 

July, 

1793 

4 

18. 

January, 

1801 

6 

•3. 

January, 

1793 

4 

19. 

July, 

4( 

4 

3. 

July, 

ii 

3-^ 

•20. 

January, 

1802 

u 

4. 

January, 

1794 

31 

•21. 

July, 

b  k 

4i 

5. 

July, 

i  i 

4 

2-2. 

January, 

1803 

4i 

6. 

January, 

1795 

4 

23. 

July, 

'4 

4 

7. 

July, 

bb 

4 

24. 

Jaimary, 

1804 

H 

8. 

January, 

179(3 

4 

25. 

.July, 

••• 

4 

9. 

July. 

ik 

4 

26. 

January, 

1805 

4 

10. 

January, 

1797 

4 

27. 

July, 

ii 

4 

11. 

July. 

a 

4 

28. 

January. 

1806 

4 

12. 

January. 

1798 

5 

29. 

July. 

ii 

4 

13. 

July, 

ii 

4 

30. 

January, 

1807 

6 

14. 

January, 

1799 

4 

31. 

July, 

ift 

4 

15. 

July, 

i  b 

4 

32. 

January, 

1808 

4 

IG. 

January, 

1800 

4 

33. 

July, 

(• 

4 

17. 

July, 

ti, 

4 

34. 

Jaiuiary, 

1809 

4 

10th  Congress.] 


No.  299. 


[2d  Session. 


M  I  N  T. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    3,    1809. 

Treasury  Department.  March  2.  1809. 
Sir: 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  ol  the  Treasury,  accoinpanied  with  sun- 
dry statements,  which  have  been  prepared  in  obedience  to  the  act.  entitled  "An  act  establishing  a  mint,  and  regu- 
lating the  coins  of  the  United  States,''  passed  on  the  2d  of  April,  1792. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLA  TIN. 
The  Honoi'able  the  Speaker  of  the  House  of  Eeprescntatives. 


Treasury  Department,  Comptroller's  Office,  March  \st.    1809. 
Sir: 

The  statements  accompanying  this,  marked  A,  B.  and  C.  have  been  prepared  pursuant  to  the  seventh  section 
of  an  act  of  Cimgress,  passed  on  the  2d  day  of  April.  1792,  entitled  '"  An  act  estsblishing  a  mint,  and  regulating  the 
coins  of  the  United  States.""  They  contain  all  the  information  relative  to  the  transactions  of  the  mint,  which  tlie 
settlements  made  at  the  treasury  enable  me  to  give. 

I  have  the  honor  to  be,  with  great  respect,  sir.  your  obedient  servant. 

G.  DUVALL. 
Albert  Gallatin,  Esq. 


354 


FINANCE. 


[1809. 


A. 

Statement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  of  the  Mint  on  the  3lst 
December,  1807;  the  amount  of  depo  sites  from  1st  January  to  3\st  December,  1808;  the  different  species  of  coins 
made  and  paid  on  account  of  deposites,  allowances  for  wastage,  and  the  balance  remaining  in  the  hands  of  the 
officers  of  the  Mint  on  the  said  3\st  December,  1808,  to  be  accounted  for  on  a  future  settlement. 


Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  oflicers  of  the  mint 

December  31,  1807,      - 
Gold  bullion  deposited  from  1st  January  to  31st  December,  1808, 


Amount  paid  for  deposites  of  gold,  from  1st  January  to  31st  December,  1808, 
Add  gold  coins  in  the  hands  of  the  treasurer  of  the  mint  on  the  31st  December, 
1808,       -.----...- 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  Bank  of  the  United  States 
on  the  31st  December,  1807,    --.---- 

Also,  this  sum,  being  so  much  of  treasury  warrant  No.  122,  issued  to  cover 
wastage  in  the  comage  of  gold  during  the  year  1807, 


Gold  coins  made  at  the  mint  from  January  1  to  December  31,  1808,  viz:  half 

eagles,  55,578,  and  quarter  eagles,  2,710,  weight  and  value. 
Gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  1808, 
Profit  and  loss  for  this  sum  allowed  for  wastage  in  the  coinage  of  gold  in  the 
year  1808,  -----.... 

As  above. 

Balance  of  silver  bullion,  &c,  remaining  in  the  hands  of  the  officers  of  the  mint, 
December  31st,  1807,  .--._.. 

Silver  bullion  deposited  from  1st  January  to  31st  December,  1808, 


Amount  paid  for  deposites  of  silver,  frotn  1st  January  to  31st  December,  1808, 
Add  silver  coins  in  the  hands  of  the  treasurer  of  the  mint  on  31st  December, 
1808,      -------... 

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  Bank  of  the  United 
States  on  the  31st  December,  1807,     •----.. 

Also,  this  sum,  being  so  much  of  treasury  warrant  No.  122,  issued  to  cover 
wastage  in  the  coinage  of  silver  during  the  year  1807,  .  .  . 


Silver  coins  made  at  the  mint,  from  January  1  to  December  31,  1807,  viz:  half 

dollars,  1,368,600,  weight  and  value,  .--... 

Silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  1808, 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  silver,  in  the 

year  1808,  -  -  -  -  -  -  -  -  - 


Oz.      Dwt.   Gr. 


699       5     1 1 
15,526       9     21 


16,195     15     08 


$35,943     38       0 
1,024     51       5 


oz. 


dwt. 


16,012  08   3 
124  07  IS 

58  19  11 


16,195  15   8 


163,409  03   9 
623,760  14   0 


787,169  17   9 


$382  48   0 
2,158  72   0 


oz. 


dwt. 


593,060  00  00 
192,023  15   6 

2,086   2   3 


787,169  17   9 


Dolls.   Cts.  M. 


11,896  90   0 
276,026  37   0 


287,923  27 


298,014  17   5 
23,618  72   0 


321,632  89   5 


36,967  89   5 


284,665   0   0 
2,209  86   5 

1,048  40   5 


287,923  27   0 


188,548  33   0 
719,723  77   0 


908,272  10   0 


675,149     29       5 
11,691     90       5 


686,841     20       0 


3,541     20       0 


684,300       0       0 
221,565     06       0 

2,407     04       0 


908,272     10       0 


Comptroller's  Office,  February  '21,  1809. 


G.  DUVALL,  Comptroller. 


1809.] 


THE    MINT. 


35.5 


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356 


FINANCE. 


[1809. 


C. 

Summary  Statement  exhibiting  the  value  of  Coins  made  at  the  Mint;  the  amount  of  disbursements  on  account  of 
the  establishment;  the  amount  allowed  for  wastage;  the  amount  retained  of  deposiles;  and  the  amount  gained 
on  the  coinage  of  Copper  from  the  commencement  of  the  institution  to  the  2\st  December.  1808. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint  to  31st  December, 
1807,     -     .      -  .-  -  

Do.  of  gold  coins  made  from  1st  January  to  31st  December,  per  account  here- 
with, marked  A,  -  -  -  -  -  -  "    .        " 

Do.  of  silver  coins  made  from  1st  January  to  31st  December,  per  said  ac- 
account  A,       --------  - 

Do.  of  copper  coins  made  from  1st  January  to  31st  December,  per  account 
marked  B,        --------- 

Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  31st  December,  1807, 

per  account  rendered,  -  -  -  -  - 

Add  amount  gained  on  the  coinage  of  copper  to  the  same  period,  do. 

From  the  above,  deduct  amount  of  wastage  on  gold  and  silver  to  the  same 

period,  do.         •  -  -  -  -  -  $35  116  84 

Add  to  the  same,  the  amount  retained  from  deposites,  do.  3,494  86.5 


Add  amount  disbursed  on  account  of  the  establishment  from   1st  January  to 

31st  December.  1808,   -  -  -  - 

Add,  also,  amount  of  wastage  on  gold  and  silver  to  31st  December,  1807, 
Do.  do.  from  1st  January  to  31st  December,  1808, 

From  the  above,  deduct  amount  retained  from  deposifes  to  31st  December, 
1807,  .......       $3,494  86.5 

Also,  amount  retained  from  1st  January  to  31st  December,  1808,  250  63.5 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  the 
institution  to  the  31st  December,  1808,  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  tlie  coinage  of  gold,  s^ilver.  and  copper,  from  the 
commencement  of  the  institution  to  the  31st  December,  1808,  including 
the  cost  of  lots,  buildings,  machinery.  Sec.     ----- 


Dollars.     Cents. 


284,665  00 

684,300  00 

10,640  35 


305,130  42.5 
33,763  37 


338,893  79.5 


21,621   97.5 


25.116  84 
3.455  44.5 


28,572  28.5 


3,745  50 


Dollars.       Cents. 


6,481,653  68 


979,605  35 


?,461,259  03 


317,271  82 
21,416  29 


24,826  78.5 


363,514  89.5 
34,705  79 


.328,809  10.5 


Comptroller's  Office.  March  1,  1809. 


G.  DUVALL,  Comptroller. 


10th  Congress.] 


No.   300. 


[2d  Session. 


Sir: 


BALANCES    DUE   FROM    INDIVIDUALS    ON   THE  30th   JUNE.  1808. 

COMMUXlCATEn    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    3,    1809. 

Treasury  Department,  March  2,  1809. 


In  obedience  to  a  resolution  of  the  House  of  Representatives  of  the  20th  April  last,  I  have  the  honor  to  trans- 
mit a  statement  of  the  balances  which  are  charged  on  the  books  of  the  treasury  for  advances  made  prior  to  the  30th 
dav  of  June,  1808. 

I  have  the  honor  to  be.  with  great  I'espect.  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Honorable  the  Speaker  of  the  House  of  Representatives. 


1809.] 


BALANCES    DUE    FROM    INDIVIDUALS. 


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1809.]  STATE    OF    THE    FINANCES.  365 


llfh  Congress.  No.  301.  [1st  Session. 

STATE    OF    THE    FINANCES. 

COMMtNlrATKD    1  ()  TllK  SENATE,  ON  THE  2d   OF   JUNE,   1809. 

In  obedience  to  the  directions  of  i  lie  act  siip|)ie\neiit;uy  (o  (lie  act,  emitted  "An  act  (o   establish  (he  Treasury 
Department,"  the  Secretary  ol  the  Treasury  respectfully  submits  the  following  report: 

The  nett  revenue  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  tiie  year  1807,  amounted, 
as  appeared  by  the  last  annual  statement,  to  .  .  •  ...         $  Hi, 000, 000 

A  correct  statement  of  that  revenue,  for  the  year  1808,  cannot  be  prepared  at  this  time,  but  may  be  estimated,  as 
will  appear  by  the  estimate  A,  to  about  .  .  •        .        •      .  ■  .  •    .        •  10,-.i70,000 

The  revenue  arising  from  the  same  s(jurces,  which  accrued  during  the  liist  ijuarter  of  this  year,  did  not  much 
exceed  one  million  oi'  dollars;  and  although  considerable  importations  may  be  expected  from  Great  Urilain  and  the 
West  Indies,  during  the  last  six  months  of  this  year,  yet.  considering  that  tlieie  will  be  no  arrivals  from  China  and 
the  East  Indies,  and  the  situation  of  the  commercial  intercourse  of  the  United  Stales  with  the  rest  of  the  world,  it 
is  not  probable  that  the  revenue,  accruing  during  the  year  1809,  will  exceed  that  of  the  year  1808. 

The  specie  in  the  treasury,  on  the  1st  October,  1808,  amounted  to       .  .  .  .         $  13,8-10,717  52 

And  the  receipts,  during  the  last  three  months  of  (hat  year,  as  appears  by  the  statement  B,  to  3,586,310  99 

$17,'13:?,()31   51 


The  disbuisements,  during  the  same  period,  have  amounted,  including  (5,105,000  dollars  paid  in  reimbursement 
of  the  principal  of  the  public  debt,  to  .  .  .  .  .  .         .       $7,491,339  79 

Leaving  a  balance  in  the  treasury,  on  the  1st  January,  1809,  of  .  .  .         .        9,941,094  72 

$17,433,034    51 


The  cash  in  the  hands  of  Collectors  and  Receivers,  and  the  outstanding  revenue  bonds,  amounted, 

on  the  1st  January,  1809.  to           .                 .                 .                 .           '      .                 ...  $9,880,000 

From  which,  deducting  for  the  expenses  nl' collection  and  for  the  drawbacks  payable  during  the 

year  1809,          ..........  3,000,000 

Leaves,  for  the  probable  receipts  of  the  year  1809,  exclusively  of  the  inconsiderable  sums  which 

may  be  received  on  account  of  the  revenue  accruing  during  that  year,  a  sum  ot^               .            .  6,880,000 

Making,  together  with  the  balance  in  the  treasury,  on  the  1st  of  January,  1809,  of                .           .  9,941,000 


An  aggregate  of  sixteen  millions  eight  hundred  and  twenty-one  thou^and   dollars,  applicable  to 

the  expenditures  of  this  year,  .  .  .  .  .  ...        $16,821,000 


The  expenses  of  the  year  1809  are,  in  conformity  with  the  existing  appropriations,  estimated  at  fourteen  millions 
five  hundred  thousand  dollars,  consisting  of  the  following  items: 

Civil  list,  including  the  expenses  of  this  session  of  Congress,  miscellaneous  expenses  and  foreign  in- 
tercourse, .,..•...,  $1,342,000 
Military  and  Indian  departments,  viz.: 

Appropriation  for  the  army  and  Indian  department,  ....        2,765,000 

Appropriation  tor  fortifications,  ......  475,000 

Arms  and  military  stores,  .......  550,000 


3,790,000 

Naval  department,  this  year's  appropriation,  ......  2,915,000 

Public  debt,  ( 1,547,000  of  the  appropriation  of  8,000,000  of  dollars  for  the  year  1809  having  been  paid 

in  advance  in  the  year  1808,  in  order  to  effect  the  reimbursement  of  the  whole  of  the  8  per  cent. 

stock)       ..........  6,453,000 

$14,500,000 


It  must,  however,  be  observed,  tliat  the  estimate  of  the  sums,  payable  in  the  course  of  this  year,  on  account  of 
drawbacks,  is  conjectural;  and  that  the  exportations,  particularly  ol  colonial  produce,  would,  if  the  restrictions  laid 
by  the  continental  Powers  of  Europe  on  neutral  commerce  were  removed,  produce  a  much  greater  defalcation  in 
the  nett  receipts  into  (he  treasuiy,  than  (he  sum  assumed  in  the  preceding  estimate.  In  order  to  guard  against  any 
incovenience  arising  from  (hat  contingency,  and  for  (he  purpose  of  keejung  always  a  motlerate  sum  in  the  (reasury, 
it  may  be  necessary  to  borrow  a  sum  equal  to  the  amount  of  the  principal  of  public  debt  which  will  be  reimbursed 
during  the  year,  and  which  will  exceed  three  millions  of  dollars. 

By  the  lOih  and  19(h  sections  of  the  act  making  further  provision  for  the  support  of  public  credit,  and  for  the 
redemption  of  the  public  debt,  passed  on  the  3d  of  INIarch,  1795,  the  comniissioners  of  the  sinking  fund  are  authorized, 
from  time  to  time,  to  borrow,  and  the  Bank  of  the  United  States  to  lend,  sums  ecjual  to  the  reimbursement  of  the 
public  debt.  But  some  doubts  having  arisen  whether  the  powers  vested  by  those  two  sections  are  api)licable  to  (he 
new  six  per  cent,  stocks,  issued  by  virtue  of  the  act  of  February  11th,  1807,  in  exchange  of  (he  old  six  per  cent, 
deferreil,  and  three  per  cent,  stocks,  it  is  ilesirable  that  the  autjiority  should  be  expressly  extended,  by  law,  to  t.'iat 
case;  and  no  other  provisicui  seems  necessary  inv  the  public  service  of  this  year. 

It  would  be  i)reiiiatuie  to  attein[)t,  at  tins  time,  an  estimate  of  the  receipts  and  expenditures  of  the  year  1810. 
It  is  sutticieiit  to  observe,  that,  although  the  receipts  may  exceed  those  of  the  present  year,  it  is  highly  impi-obable 
that  they  should  be  e(iiial  to  (lie  expenditures  of  that  year,  which,  unless  the  military  and  naval  eslabli.liineats 
should  be  reduced,  will  amount  to  sixteen  millions  of  dollars.  But  it  is  believed  that  the  revenue  will,  after  that 
year,  be  adeijuate  to  discharge  the  annual  expenses. 

.\11  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  June  1st,  1809. 


47         ft 


S66 


FINANCE. 


[1809. 


.^n  Estimate  of  the  duties  ivhich  accrued  on  merchandise,  tonnage,  and  passports,  of  debentures  issued  for  draw- 
back on  foreign  merchandise  exported,  of  payments  for  bounties  and  allowances,  and  for  the  expenses  of  collec- 
tion, during  the  year  1808. 


DUTIES  ON 

Debentures 
issued,  (a) 

Bounties  and 
Allowances. 

Gross  Reve- 
nue. 

Expenses  of 
Collection. 

Nett  Reve- 

1808. 

Merchandise. 

Tonnag-e. 

Passports. 

nue. 

1st  quarter, 
2d  quarter, 
3d  quarter, 
4th  quarter, 

$4,285,760 
3,124,217 
1,867,069 
1,878,991 

$32,607 
31,151 
26,923 
29,116 

$166 

212 

98 

$198,895 
30,244 
14,259 

4,851 

$185,395 
5,640 
3,608 
2,052 

$3,934,249 
3,119,484 
1,876,337 
1,901,302 

$154,874 
120,519 
142,995 
142,530 

$3,779,375 
2,998,965 
1,733,343 
1,758,77-i 

11,156,043 

119,797 

476 

248,349 

196,695 

10,831,372 

560,918 

10,270,454 

(a)  On  account  of  drawbacks  for  exportations  made  prior  to  the  embargo. 


B.  s 

Dr.    Account  of  the  Receipts  and  Expenditures  of  the  United  States, from  the  1st  October  to  the  3lst  Dec.  1808.    Cr. 


To  expenditures  under  the  following  heads, 
viz: 

Civil  department. 

Comprising  compensation  to  the  President, 
Vice  President,  Senate,  and  House  of  Re- 
presentatives, Judges,  Orticers  of  Govern- 
ment, Commissioners  of  Loans,  &c. 

Miscellaneous. 

Surveys  of  public  lands,                -  5,069  81 
Public   buildings   in    the   citv  of 

Washington,"  -  '  -  15,500  00 
Light  house  establishment,  -  17,616  54 
Miscellaneous  expenses.  -  2.973  01 
Ascertaining  land  titles  in  Louisi- 
ana, ...  -  -  5,639  20 
Military  pensions,  -  -  3,000  00 
Armuities  and  grants,  -  -  500  00 
Mint  establishment  -  -  4,000  00 
Marine  hospital  establishment,  -  11,680  60 
Unclaimed  merchandise,  -  559  62 
lload  from  (,'umberland,  in  Mary- 
land, to  the  State  of  Ohio,       '-  400  00 


Intercourse  ivith  foreign  nations. 

Diplomatic  department.  -     4,243  16 

Relief  ami  protection  of  American 

seamen,        -  -  -        230  00 

Payments  under  treaties. 

American  claims  assumed  under 
the  second  convention  wilh 
France,       -  -  -  50,019  59 

Treaties  with   the  Mediterranean 

Powers,  generally,     -  -    5,202  15 


Military  establishment. 

Military  department,      -  216,190  40 

Arming  and  equipping  the  militia,  100,000  00 
Fortiiicationsofports  and  harbors,  300.000  00 
Trading  houses  with  the  Indians.         750  00 


178,275  62 


66,938  78 


60,294  90 


616,940  40 


1808.    October  1. 

By  balance  in  the 
hands  of  the  Trea- 
surer this  day,         13,847,835  26 

Deduct     warrants 
drawn  piiorto  that 
day,    and     which 
then  remained  un- 
paid,     -  -  1,117  74 


By  receipts  into  the  treasury  from 
Duties  on  imports  and  tonnage. 
Duties  on  stills,  and  other  inter- 
nal revenue. 


From  the  supervisors  of  the  follow- 
ing districts: 
Kentucky.        -  -    1.700  00 

South  Carolina,  -      GU  09 


Public  Lands. 

From— 

Zaccheus    Biggs.     Sleu- 

benville. 

34,569 

73 

Peter  Wilson,          do. 

1,199 

76 

Levi  Barber,  Marietta, 

3,248 

72 

Jas.  Findlay,  Cincinnati, 

25,405 

75 

Sam'l  Finley,  Chillicothe 

,  5,920 

09 

Isaac  Van  Home,  Zanes- 

ville. 

8,630 

41 

Nathaniel   Ewing,    Vin- 

cennes. 

406 

98 

Lemuel  Henry,  fort  St. 

Stephens,     - 

620 

00 

John  Sloane,  Canton, 

12,571 

55 

John  Henderson,  Wash- 

ington, Mississippi  ter- 

ritory. 

500 

00 

Fees  on  letters  patent — from  Thos. 
T.  Tucker.  Treasurer  of  tiie 
United  States, 

Cents  and  half  cents  coined  at  the 
mint — from  Benj'n  Rush,  trea- 
surer of  the  mint. 

Stamp  duties  and  penalties — from 
David  Gelston,  collector.  New 
York, 


13,846,717  53 

3,409,638  43 

959  59 


2,311   09 


93,072  99 

900  00 

3,860  35 

10  25 


1809.] 


PROTECTION    TO   MANUFACTURES. 


36i 


ACCOUNT— Continued. 


Naval  establishment. 

Naval  department,  -  101,567  80 

Building  six  74  gun  ships,  -      5,000  00 

Building  and  equipping  gunboats,  297,500  00 


Ptihlic  Debt. 

Interest  and  rcinibursenient  of 
the  domestic  debt,  paid  from 
the  customs. 

Appropriation  of  moneys  aris- 
ing from  interest  on  stock 
purciiased  and  redeemed,    - 

Appropriation  of  moneys  aris- 
mg  from  the  sales  of  public 
lands,    -  _   - 

Interest  on  Louisi- 
ana stock,  129,036  78 

Dutch  debt,  1,640  00 


Balance  in  the  hands  of  the 
Treasurer  on  the  1st  of  Ja- 
nuary, 1809,  - 

Deduct  warrants  drawn  prior 
to  that  day,  and  which  then 
remained  unpaid, 


5,128,589  84 


305,047  38 


600,508  29 


130,676  78 


9,941,779  96 


85  24 


404,067  80 


6,164,822  29 


9,941,694  72 
$17,433,034  51 


Repayments. 

From — 

Jonathan  Burrall,   agent 

for  purchasing  slock,     10,573  75 

George  Simpson,    do.       16,019  34 

Peter  Roe  l)al;,)n,  do.       41,881  24 

Edniiind  llandolph,  for- 
merly Sec'tary  of  Slate,  4,500  00 

Daniel  Brent,  agent  for 
defraying  certain  ex- 
penses relative  to  trea- 
ties wi(h  Mediterra- 
nean Powers.  -  1,612  91 

Samuel  A.  Otis,  agent  for 
paying  the  contingent 
expensesof  the  Senate,  1,110  00 

Thomas  Claxton,  agent 
for  procuring  furniture 
for  the  south  wing  of 
the  Capitol,  -  7  43 

Maria  Beckley  and  Ma- 
ria Prince,  executrixes 
of  Jno.  Beckley,  late 
agent  for  paying  the 
contingent  expenses  of 
the  House  of  Represen- 
tatives,        -  -      859  62 


76,564  29 


$17,433,034  51 


Treasury  Department,  Begister^s  Office,  May  31,  1809. 


JOSEPH  NOURSE, 


RegistcT. 


11th  Congress.] 


No.  302. 


[1st  SEssroN. 


PROTECTION    TO   MANUFACTURES. 

COMMUNICATED    TO   THE    HOUSE    OF    REPRESENT.\TIVES,   JUNE    7,     1809. 


To  the  Honorable  the  Congress  of  the  United  Stales,  the  petition  of  the  subscrUiers.  manufacturers  of  hemp  into 
linen,  and  inhabitants  (f  the  Slate  of  Kentvchj,  respec'fuUy  showeth: 

The  subscribers  having,  since  the  passage  of  the  acts  commonly  called  the  *'  embargo"  and  "  non-importa- 
tion acts,"  engaged  in  the  manufacture  of  hemp  into  linen,  and  many  of  them  having  expended  gieat  part  ot  theii- 
respective  capitals  in  preparing  machinery  and  erecting  buildings  to  carry  on  the  same,  beg  leave,  upon  the  approach 
of  a  new  state  of  atfairs,  to  call  their  situation  to  the  attention  of  your  honorable  body.  Whilst  they  rejoice,  m  com- 
mon with  their  fellow  citizens,  that  the  returning  sense  of  justice  of  one  of  the  great  belligerent  Powers  of  Europe, 
as  displayed  in  some  recent  communications  to  our  Government,  affords  a  hope  that  our  country  may  esaape  the 
calamities  of  war,  they  must  be  permitted  to  state  tiiat  this  cause  of  national  rejoicing^  will,  in  all  human  piobability, 
be  greatly  oppressive  to  them.  Their  establishments  have  grown  out  of  our  dirterences  with  foreign  nations. 
The  ''  non-importation  act,"  which  passed,  as  your  petitioners  always  understood,  as  much  to  cliange  the  direction 
of  some  of  the  national  capital  from  commercial  to  manufacturing  pursuits,  as  witii  a  view  to  bring  a  great  foreign 
Power  to  a  sense  of  justice,  by  |)rohibiting  the  introduction  of  coarse  linen,  &c.  into  the  United  States,  gave  being 
to  their  manufactories;  and  with  the  further  patronage  of  your  honorable  body,  will,  beyond  all  doubt,  rapidly 
increase  in  the  Western  country.  Already  there  is  inanutiictured,  in  Kentucky,  a  quantity  of  baling  linen  sufficient 
for  tlie  consumption  of  the  greater  part  of  the  cotton  country;  other  manufactories  are  erecting,  and  several  citizens 
are  extending  their  views  to  tiner  linens  and  sail  cloth.  Such,  ho\\ever,  is  the  superiority  of  European  capital  and 
arts:  such  the  cheapness  of  labor  in  Great  Britain  and  Ireland:  such  the  aid  given  there  to  manufactures  by  boun- 
ties from  the  Government;  such  the  obstacles  which  an  American  manufacturer  has  to  combat  and  overcome;  and 
such  the  lessons  furnished  by  experience;  that  your  petitioners  forebode  the  annihilation  of  their  respective  establish- 
ments, unless  some  aid  is  afforded  them,  at  this  moment,  by  the  interposition  of  Congress. 

That  this  protection  of  your  h!)norable  body  will  be  given  to  them  at  the  present  moment,  they  are  the  more 
persuaded,  when  they  review  the  proceedings  of  every  Congress  which  has  sat,  since  the  formation  of  the  federal 
constitution.  Every  law  which  has  been  enacted;  every  declaration  which  has  come  to  the  People,  from  that  quarter; 
has  shown  it  to  be  the  wish  of  Congress  to  make  the  United  States  independent  of  the  world,  as  to  articles  of  the  tirst 
necessity,  as  she  is  in  her  political  rights  as  a  nati(m.  And  for  this  purpose  Congress  have  laid  duties  upon  all  raw 
or  manufactured  articles,  to  an  extent  sutficient  to  prohibit  their  importation,  whenever  it  was  ascertained  that  the 
country  could  produce  a  sufficiency  for  home  consumption.  And,  in  some  instances,  protecting  duties  have  been 
laid  with  such  efficacy,  as  not  (uily  to  produce  internal  manufactures,  sufficient  for  the  supply  of  the  demand  at  home, 
but  to  become,  also,  articles  of  considerable  amount  in  the  scale  of  our  exports. 

Not  merely,  however,  have  Congress,  in  laying  prohibitory  or  protecting  duties,  evinced  a  disposition  to  encourage 
this  species  ot  domestic  iudustiy.  but  that  body  Ins  also  granted  6otm/ip.s  to  encourage  the  industry  ot  an  isolated 
part  of  the  Union — a  species  of  industry,  too,  in  which  but  a  small  portion  of  the  citizens  could  participate — the  fisheries. 
Far  be  it  from  the  subscribers  to  repine  at  a  policy  of  this  kind,  because  it  could  not  have  an  operation  upon  them, 
or  affect  the  great  mass  of  the  People.    They  have  no  such  views:  for,  they  well  know  that  the  United  States  com- 


5oo  FINANCE.  [1809. 


pose  an  extensive  nation;  that  her  citizens  are  scattered  over  an  immense  extent  of  country,  having  various  soils 
and  climates,  with  puisulfs  adapterl  or  varied  to  (heir  difterent  local  situations.  And  a  government,  framing  laws 
for  this  scattered  population,  must  necessarily  consult  the  wants  and  necessities  of  every  part  of  it,  to  promote  the 
general  good  of  the  whole.  A  reference  to  the  report  of  Mr.  Secretary  Jefterson  will  evince,  that  enlarged  and 
Rberai  views  of  this  kind  induced  Congress  to  grant  bounties  to  the  fisheries.  But  views  of  another  nature  seem 
also  to  have  influenced  that  body.  The  eiicouragemrnts  given  to  their  own  fishermen,  by  foreign  nations,  and  the 
restrictions  laid  upon  our  oils  and  fish,  in  foreign  ports,  had  threatened  the  fisheries  with  destruction:  and  the  ques- 
tion came  before  Congress,  whether  that  business  should  be  abandoned  entirely,  or  supportefl  by  the  nation  at  lar^^e. 
The  same  question  the  subscribers  consider  as  occurring  in  the  present  instance.  Independent  of  the  superiority 
which  the  British  manufacturer  possesses,  in  the  low  price  of  labor,  the  experience  and  skill  of  his  workmen,  and 
the  strength  of  his  capital,  he  en  joys  advantages  which  are  not  known  to  an  American  manufacturer,  in  the  bounties 
given  by  Government  to  those  who  grow  the  raw  material,  and  to  those  who  export  the  manufactured  article. 
Whether  an  American  manufacturer  can  resist  a  combination  oF  advantages  so  unfavorable  to  his  interests,  widiout 
aid  frv>in  Government,  appears  to  the  petitioners  as  problematical  indeed. 

Your  petitioners  deem  it  material  to  represent,  that  tlie  non-importation  act,  by  creating  a  demand  for  the  arlicles 
which  that  act  prohibited,  has  changed  the  direction  of  much  cai)ital,  and  caused  the  erection  of  buildings,  which 
must  now  become  \vaste,  without  the  interposition  (jf  Congress.  'J'hat  if  it  be  important  to  encourage  manufactures, 
and  ii  (hey  promote  national  wealth,  by  encouraging  internal  industry:  if  (hey  keep  money  at  home,  by  preventing  it 
from  going  abroail  for  foreign  productions  if  (hey  give  life  to  the  industry  of  the  farmer,  (he  planter,  and  (he  mechanic; 
there  can  be  no  question  upon  the  subject.  This  is  the  time  to  envourage  t hem  effectually.  If  those  which  are  erected 
be  suffered  to  go  waste;  it  those  recently  established  die  with  (he  law  which  gave  them  being;  an  age  will  pass 
away  befoie  other  ci(iz,ens  will  embark  in  the  same  business.  Ill  success,  upon  the  part  of  one  manufacturer,  will 
prevent  others  from  engaging  in  the  same  pursuit;  success  that  crowns  every  measure  with  popularity,  produces 
herds  of  imitators  and  followers. 

Nor  can  it  be  an  unimportant  consideration  with  Congress,  (hat  the  encouragement  of  domestic  manufactures 
will  have  a  tendency  to  transplant  the  arts  and  capi(a!  of  Europe  to  this  country,  by  holding  out  inducements  to 
artists  and  manufacturers  to  remove  here. 

The  subscribers  cannot  quit  the  subject  witliout  some  remarks  upon  the  peculiar  situation  of  the  country  in 
which  they  live-  Kentucky  is  rich  in  soil,  but  at  a  distance  troni  the  seas.  She  is  capable  of  producing  hemp  for 
the  whole  supply  of  the  United  States — an  article  perhaps  as  much  wanted  as  any  other,  both  by  the  Government, 
and  by  private  ci(i/.eiis,  engaged  in  every  pursuit  in  life;  w  hirh,  to  an  enormous  amount,  is  annually  imported  from  the 
nordii'rn  parts  of  Europe,  and  which  cannot  easily  be  procured,  in  case  of  war.  If  the  niatmlacturers  of  Kentucky 
were  sulliciently  encouraged,  they  would  induce  (he  farmers  to  cultivate  it,  so  as  to  furnisli  a  never-failing  resource, 
whether  in  peace  or  war.  The  proximity  of  Kentucky  to  Ohio  and  [ndian.'i  subjects  her  to  continual  drains  of 
treasure  for  United  States'  lands.  Large  sums  are  annually  taken  (jff  for  iiireign  protluctions,  and  merchants  in  the 
Atlantic  States,  who  are  the  real  collectors  of  the  revcnue,j)ay,  fir  Kentucky,  her  quota  to  the  treasury.  Pro(ected 
as  she  is  by  (he  Union,  widi  this  arrangement  she  is  satisfied.  13ut  when  (he  fishermen  of  the  East  are  not  only 
encourag' d  by  protecting  duties,  but  also  by  bounties;  when,  comparatively  speaking,  no  public  moneys  are  ex 
pemled  here,  but  all  at  Washington,  and  on  the  sea  board,  in  salaries,  buildings,  fortifications,  upon  the  army,  and 
on  the  navy,  for  the  protection  of  commerce,  in  which,  from  her  local  and  insular  situation,  she  cannot  participate; 
she  vvouiii  uc  ueiiLi  pleased  if  slie  was  indemnified,  for  these  disadvantages,  by  some  encouragement  of  her  indus- 
try; and  that,  perhaps,  can  best  be  done,  with  public  benefit,  by  protecting  duties  to  the  manuiactiire  of  what  promise:* 
to  be  her  sta)>le  article. 

Wliercfore,  &c. 

JOHN  ALLEN,  and  others. 


lUh  Congress.]  No.  303.  [1st  Skssiow. 


REMISSION   OF    FORFEITURE. 

COMMUNICATED    TO     THE     HOUSE    OF    KEPRESEKTATIVES,    JUNE    14,     1809. 

Mr.  NewtoiN',  from  (he  Commit(ee  of  Commerce  and  Manufactures,  (o  whom  v.as  referred  the  petilinn  of  Ar.drew 
Foster  and  Jacob  P.  Geraud,  submitted  the  following  statement  of  facts: 

Tiepetidoiiers,  citizens  of  (he  United  States,  and  residing  at;  New  York,  state  that  (hey  are  the  exclusive  owners 
of  die  ship  Clara,  which  sailed,  on  cr  about  (he  8(h  of  January,  1809,  under  (he  command  of  Joshua  Farrell,  as 
master,  from  the  port  of  New  York,  to  that  of  New  Orleans.  VVhen  the  said  ship  W'as  under  way,  on  her  voyage  to 
New  Orleans,  as  the  petitioners  were  informed,  Joshua  Farrell,  the  master,  received  on  board  two  female  slaves, 
the  property  of  a  ceriain  J.  B.  Dupre,  a  passenger,  and  landed  (hem  at  New  Orleans.  That,  in  consequence  of  this 
act  ol  the  master,  (h/  said  ship  Clara  was  seized  and  libelled,  for  coiUravening  the  ninth  section  of  the  act,  entitled 
"  An  act  to  prohibit  the  impor(ation  of  slaves  into  any  port  oi-  place  within  the  jurisdiction  of  (he  United  States, 
from  ■.•lid  after  the  fnX  of  January,  in  the  year  1808,"  and  was  coiulemned  as  forfei(ed,  by  the  district  court  of  the 
Uni(ed  States  for  the  district  of  Orleans.  The  petitioners  aver  (hat  (hey  had  no  agency  in  tliis  transaction;  that 
the  said  Joshua  Farrell  acted  without  (heir  knowledge  or  instructions.  Andrew  Foster,  one  of  the  petitioners,  states 
that,:-,  day  or  two  previous  to  the  sailing  of  (lie  ship,  Joshua  Farrell.  the  master,  informed  him  that  Mr.  Dupre,  a  pas- 
senger, wished  (o  take  wi(h  him  (wo  black  sei-vants,  and  was  desirous  of  knowing  what  charge  he,  the  said  Farrell, 
should  v^?^^.o  for  thei'-  p^issage.  The  said  Foster  states  that  (his  conversation  was  casual,  and  (hat  no  other  com- 
munication '..as  made.  The  i)etitioners  state,  the  unlawful  procedure  of  the  said  Farrell  was  wi(hout  their  know- 
ledge or  concurrence,  and  (ha(,  for  his  misconduct  or  omission,  they  are  made  to  suffer,  innocently. 

They  cannot  but  believe  (hat  the  conduct  of  the  said  Farrell  was  the  result  of  ignorance- 

From  the  facts  stated  in  (he  petition,  and  (he  documents  accompanying  (he  same,  the  Committee  of  Comaierce 
and  Manufactures  are  of  opinion  that  tlie  case  presented  for  considerati(m  is  a  hard  one,  and  that  the  petitioners 
are  free  from  the  imputation  of  any  intentional  violation  of  law,  or  of  conniving  at  one — the  object  being  too  insig- 
nificant, their  portion  of  the  passage  money  of  two  slaves,  to  induce  such  a  belief. 

In  this  light,  (he  case  evidently  appeared  to  (he  attorney  who  conducted  (he  prosecution  on  (he  part  of  (he  United 
States.  So  impressed  was  he  with  a  conviction  of  their  innocence,  and  their  just  title  to  relief,  (hat  he,  on  his  own  re- 
sponsibility, took  their  pnunissory  note  for  the  sum  for  which  the  ship  Clara  sold,  payable  in  September  next,  in 
Oilier  to  afford  an  opportunity  to  the  petitioners  of  making  application  to  Congress  for  a  remission  of  such  part  of 
the  iorfeiture  as  has  accrued  (o  (he  United  S(a(es. 

Should  the  Ignited  Slat(>s  remit  their  claim  to  the  petitioners,  yet  they  will  be  considerable  losers,  as  the  in- 
formers against  the  ship  Clara  will  be  entitled  (o  (heir  share  ofthe  money  arrising  from  her  sale.  Joshua  Farrell,  the 
master,  is'still  liable  foi'  a  penalfy  of  one  thousand  dollars  for  each  slave,  landed,  contrary  to  law,  and  to  imprisori- 
ment  for  his  misconduct,  or  omission  of  a  duty  enjoined  by  law.  The  committee  are  of  opinion  that  (he  case  is 
such  a  one  as  to  justify  the  interposition  of  (he  exdaordinary  and  equi(able  powers  ofthe  National  Ijegislature.  In 
obedience  to  this  impulse,  they  beg  leave  to  report  a  bill  for  the  relief  of  the  petitioners. 


i809.]  COMMISSIONERS    OF    THE    SINKING    FUND.  3(30 


11th  Congress.]  ]\o.  304.  [1st  Sessioj* 


Sir: 


POWERS  OF    THE   COMMISSIONERS   OF    THE    SINKING    FUND. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES.    JINE     ■23,    180!'. 

Tkea.si:uy  Department,  June  '20,  1809. 


I  have  tlie  honor,  in  obeilicnce  lo  tlie  resolution  iil'  the  Hoiisf  oi'  Representative-;  of  tiie   17th  instani,   to 
transmit  copies  of  the  following  documents,  viz: 

A.  Proceedings  of  the  Commissionei-s  of  tlie  Sinking  Fund,  at  a  meeting  held  on  18th  March,  180;).  directing  the 
application  of  a  sum,  not  exceeding  '2,-25U,000  dollars,  to  the  reimbursement  of  the  principal  of  the  exchanged  six  per 
cent,  stock,  and  authorizing  the  Senetary  of  the  Treasury  to  borrow,  with  the  approbaficm  of  the  Piesideni  of  the 
United  States,  and  in  conformity  with  the  provisions  of  the  10th  section  of  the  act  ■•  making  fuither  firovision  for  ihe 
support  of  public  credit,  and  for  the  re<lemption  of  the  public  tlebt,"  a  sutn  equal  to  (hat  of  (lie  principal  oi' the  ex- 
clianged  six  per  cent,  stock,  which  might  be  thus  reimbursed. 

B.  Letter  from  the  Secretary  of  the  Treasury  to  the  President  of  the  Bank  of  the  United  States,  dated  21st 
Maich,  1809,  inquiring  wliether  the  proposed  loan  miglit  be  obtained  from  the  bank;  and,  also,  whether  (lie  bank 
would  assent  to  a  cotemporaneous  reimbursement  of  tlie  whole  amount  of  exchange(!  six  per  cent,  stock  owned  by 
that  institution. 

C.  Answer  of  the  President  of  the  Bank  of  the  United  States,  dated  aith  March,  IS09;  statini;  (hat  it  appears 
to  the  Board  of  Directors,  that  they  are  not  authorized,  by  the  act  of  179.3,  to  make  a  loan  ft)r  the  reiminirsemetit  of  tlie 
stock  created  by  the  act  of  1807;  that  the  bank  will  agree  to  the  loan,  provided  it  is  not  wanted  ior  a  more  dis- 
tant period  than  the  time  when  the  present  charter-  of  the  bank  will  expire:  and  provided  also,  a  law  be  obtained,  giv 
ing  them  authority  to  make  it:  and  that  the  Board  prefer  a  reimbursement  of  only  so  much  of  the  exchanged  six  per 
cent,  stock  which  they  own,  as  may  fall  to  the  lot  of  the  bank. 

D.  Proceedings  of  the  commissioners  of  the  sinking  fund,  at  a  meeting  held  on  the  '2f;th  Decetnber,  1795,  autho- 
rizing a  loan  of  500.000  dollars,  pursuant  to  Ihe  first  section  of  the  act  abovementioned,  passed  the  3d  of  March,  1795. 

E.  Contract  witii  (he  Bank  of  the  United  States,  dated  31st  December.  1795,  for  a  loan  of  500,000  dollar?,  obtained 
from  that  institution,  in  pursuance  of  the  last  mentioned  proceedings  oithe  commissioners  of  the  sinking  fund. 

F-  Proceedings  of  the  commissioners  of  the  sinking  fund,  at  a  meeting  held  on  the  loth  December,  1798.  autho- 
rizing a  loan  of  200,000  dollars,  pursuant  to  the  provisions  of  the  act  abovementioned,  passed  the  3d  of  March,  1795. 

G.  Contract  with  the  Bank  of  the  United  States,  dated  17th  December,  1798,  for  a  loan  of  200,000  dollars,  ob- 
tained fnmi  that  institution,  in  pursuance  of  the  last  mentioned  proceedings  of  the  commissioners  of  the  sinking 
fund. 

No  otiier  loans  have  ever  been  obtained  under  either  the  first  o;-  tenth  section  of  the  act  of  3d  March,  1795,  nor 
can  I  find,  in  the  minutes  of  the  co:nmissioner^^  of  the  sinking  fund,  any  other  proceedings  touching  the  exercise  or 
construction  of  the  duties  or  powers  contained  in  those  sections. 

It  appears  by  the  document  A,  that  the  commissiimers  of  the  sinking  fund,  at  tlieir  meeting  of  the  18th  March, 
1809,  construed  the  words  ''public  debt."  in  the  10th  section  of  the  act  of  3d  March,  1795.  as  embracing  the  ex- 
changed six  per  cent,  stock;  and  considered  the  section,  generally,  as  authorizing  them  to  borrow,  with  (he  appro- 
bation of  the  President,  the  sum  requisite  for  the  reimbursement  of  that  part  (tf  the  principal  of  the  public  debt,  if 
there  was,  in  their  opinion,  reason  to  apprehend  that  all  the  demands  on  the  treasury,  including  such  reimburse- 
ment, could  not  be  discharged,  unless  a  loan  to  that  amount  was  obtained. 

I.  The  commissioners  of  the  sinking  fund  did  not  decide  that  the  words  '•  public  debt,"'  in  tliat  section.,  com- 
prehended any  debt  which  did  not  exist  on  the  3d  day  of  March.  1795,  when  the  law  was  passed:  nor  even  any  por- 
tion of  the  debt  then  existing,  which  might  (as  in  the  case  of  the  three  per  cent,  stock,  converted,  by  virtue  of  (he  act 
of  nth  Februaiy,  1807,  into  a  six  per  cent,  stock)  have  been  subsequently  altered,  either  in  theamount  of  its  capital, 
or  in  the  rate  of  interest  payable  thereon.  The  construction  which  they  gave  to  the  law,  applied  only  to  the  six  per 
cent,  slock  issued,  by  virtue  of  the  2d  section  of  the  act  of  11th  February,  1807,  in  exchange  of  the  old  six  per  cent, 
or  deferred  stocks.  No  alteration  whatever  was  produced  by  that  exchange,  either  in  the  amount  of  principal,  iti 
ihe  rate  of  interest,  in  the  time  of  paying  the  interest,  oi-  in  the  manner  of  transferring  the  debt.  The  only  chatige  is 
the  manner  in  which  the  principal  should  be  reimburse<l;  and  that  certainly  did  not  alter  the  nature  of  the  debt, 
'i'his  exchanged  stock  is,  therefore,  in  the  opinion  of  the  c.iinmisMoners.  precisely  the  same  debt  which  existed  in 
March,  1795.  apd  to  which  the  powers  vested  in  them,  by  tliatact,  are  strictly  a|)plicable.  Bat.  although  the  grounds 
on  which  a  different  opinion  was  entertained  by  the  bank,  are  not  to  this  moment  understood:  it  appeared  eligible, 
in  a  case  witere  doubts  were  suggested,  to  apply  to  Congress  for  an  explanatory  act.  and.  in  the  mean  v.hile,  to  sus- 
pend any  further  proceedings  respecting  the  proposed  loan.  The  resolution  of  ihe  c<mimissionersol  the  sinking  fund 
has  not,  therefiwe,  been  yet  submitted  to  the  President  of  the  United  States  for  his  approbation. 

II.  The  commisjioiiers  of  the  sinking  fund  are,  by  the  10th  section  of  the  act  of  3d  M.arch,  1795,  empowered  and 
required,  if  necessary,  to  borrow,  with  the  appr(M)ation  of  the  President  of  the  United  States,  the  sums  requisite  for 
the  reimbursements  of  the  principal  of  the  public  debt.  The  general  expressions,  "  if  necessary. "  have  been  taken 
by  the  commissioners,  as  confining  the  power,  thus  vested  in  them,  not  to  the  case,  when  the  sums  which  they  are 
directecl  to  pay,  annually,  might  exceed  the  probable  receipts  into  the  treasury  for  that  year,  but  to  that  of  those  re- 
ceipts being  itisuflicient  to  discharge  all  the  annual  expenditures,  including  the  paytneiits  of  the  sinking  fund.  Tiis 
question  of  priority  of  payment  in  favor  of  that  fund  was  not  taken  into  consideration,  because,  although  the  ob!i;.a- 
tion  to  pay,  at  this  time,  eight  millions  of  dollars,  annually,  on  that  account,  is  indisputable,  it  is  equally  necessary 
that  all  the  other  expenses,  authorized  and  directed  by  Congress,  should  be  paid.  The  meaning  and  object  of  the 
section  appealed,  indeed,  so  obvious,  that  no  doubt  had  suggested  itself  on  that  subject  previous  to  its  late  discu.-slon. 

The  first  section  of  the  act  authorizes  the  commissioners  of  the  sinking  iund  to  borrow,  from  time  to  time,  such 
sums,  in  anticipation  of  the  revenues,  diot  exceeding,in  (me  year,  one  miilion  of  dollars)  as  may  be  necessary  for  the 

layment  of  the  interest  oti  the  public  debt.     The  restrictive  word  is  the  same  in  this  as  in  the  10th  section  oi'  the  act. 

f  it  be  insisted  that  tlie  necessity  of  borrowing  can  never  exist  in  this  case,  unless  the  revenues  appropriated  should 
fall  short  of  the  sums  payable  on  account  of  the  interest,  there  has  been  no  year,  since  the  la\\  passed,  in  whicli  such 
loan  could  bave  been  legally  made.  It  will  appear,  by  reference  to  the  documents  1)  and  E.  that,  in  December.  1795. 
a  loan  of  503,0(]0  dollars  was.  by  virtue  of  the  first  section  of  the  act  of  .3d  March.  1795.  authorized  by  the  commis- 
sioners of  tfie  sinking  fund,  approved  by  the  President,  and  obtained  from  the  bank.  The  necessity  of  the  loan  is 
made  to  rest,  not  on  a  comparative  view  of  the  revenues  appropiiated  for  the  payment  of  tlie  interest,  and  of  the 
sums  payable  on  account  of  that  interest,  but  on  the  general  state  of  the  frcasurx .'  and  on  a  general  view  of  the  re- 
ceipt i  and  expenditures  for  the  three  last  quarters  of  1795,  and  for  the  year  179G.  The  amount  of  revenues  which 
were  pledged  for  the  payment  of  interest,  are  there  estimated,  for  the  year  1790.  at  near  six  millions,  and  the  amount 
of  interestat  only  four  millions  of  dollars. 

The  papers  Fand  G  refer  to  a  loan  of  200,000  dollars,  obtained  in  December,  1798.  from  the  bank,  for  the  pur- 
pose of  reimbursing  an  instalment  of  the  principal  of  the  loan  of  two  millions  of  dollars,  had  of  the  bank,  pursuant  to 


I 


S70  FINANCE.  [1809. 

the  lllh  section  of  the  act  of  incorporation.  The  loan  is,  through  some  error  oftheti-anscriber,  stated  to  b^  by  virtue 
of  the  6th  section  of  the  act  of  .3d  March,  1795;  which  section  does  not  confer  any  authority  to  borrow  money.  And 
the  loan  was  evidently  made  under  the  tenth,  and  not  under  the  first  section  of  the  act:  for  it  is  intended  for  the 
purpose  of  reimbursing  an  instalment  of  principal,  and  not  for  paying  the  interest  on  the  public  debt;  and  it  was 
also  made  for  a  term  of  four  years,  (thoush  reimbursable  sooner,  at  the  pleasure  of  the  United  States)  which  could 
not  have  been  done  under  the  power  vested  by  the  first  section,  which  directs  an  absolute  reimbursement  within  a 
year  from  the  time  of  each  loan.  This  loan  was  made,  because  there  was  "  no  surplus  of  revenue  in  the  treasury 
applicable  to  the  payment  of  the  said  instalment;"  by  whicli  is  not  meant  that  surplusses  of  revenue  were  alone  ap- 
propriated for  thit  object:  for  so  much  of  the  duties  on  imports,  and  spirits  distilled,  and  stills,  as  would  be  sufficient 
to  pay  the  instalments  of  that  two  millions  loan,  were  appropriated  by  the  8th  section  of  the  act  of  3d  Slarch,  1795; 
and  the  commissioners  were  directed,  by  the  lUh  section  of  the  same  act,  to  reimburse  the  said  instalments  as  they 
became  due.  Nor  was  there,  in  the  year  1793,  any  deficiency  in  tiie  revenues  appropriated  for  the  payment  of 
interest  and  principal,  which  the  commissioners  of  the  sinking  fund  were  directed  to  make:  for,  the  revenues  pledg- 
ed, exceeded,  by  three  millions  of  dollars,  the  payments  made  on  that  account.  But,  at  that  time,  as  at  present,  the 
necessity  of  recurring  to  the  authority  to  borrow,  vested,  by  the  act,  in  the  commissioners,  resulted  from  a  deficiency 
in  the  general  receipts,  which,  duiing  that  year,  fell  shirt  of  the  general  expenditures. 

Under  those  impressions,  it  was  stated,  in  the  report  made  on  the  1st  instant,  that  it  might  be  necessary  to  bor- 
row a  sum  equal  to  the  amount  of  the  principal  of  the  public  debt,  reimbursed  during  the  year  1809;  and  that,  pro- 
vided the  authority  vested  by  the  act  of  3d  March,  1795,  should  be  expressly  extended  to  the  stock  issued  under 
the  act  of  11th  February,  1807,  no  othei-  provision  seemed  necessary  for  the  public  service  of  this  year.  And  as,  in 
the  statement  and  estimates  from  which  those  conclusions  were  drawn,  the  moneys  actually  in  the  treasury  at  the 
commencement  of  the  year,  are  stated  at  near  ten  millions  of  dollars:  and  the  demands  on  account  of  public  debt, 
for  this  year,  at  less  than  six  millions  and  a  half;  the  report  was,  evidently,  founded  on  the  supposed  correctness  of 
the  construction  abovementioned.  But,  if  that  construction  shall  be  deemed  incorrect,  and,  if  the  powers  vested  in 
the  commissioners,  by  the  10th  section  of  the  act  of  3(1  March.  1795,  shall  be  considered,  by  Congress,  as  applicable 
only  to  the  case  when  the  moneys  in  the  treasury,  together  with  the  probable  receipts  for  the  year,  shall  fall  short 
of  eight  millions  of  dollars,  the  provision  suggested  by  the  report  (and  which  was  intended  only  to  remove  a  doubt 
respecting  the  nature  of  the  debt  to  which  the  powers  were  applicable)  will  not  be  sufficient.  It  will  then  be  neces- 
sary to  pass  a  law,  giving  an  express  authority  to  borrow  the  money  which  may  be  wanted. 

I  must  acknowledge  that,  so  far  as  relates  to  the  extinguishment  of  the  debt,  and  independent  of  the  question 
respecting  the  true  construction  of  the  law,  I  perceive  no  material  difference  between  the  two  modes.  Whenever 
the  expenses  of  a  nation  shall  exceed  its  revenues,  loans  must,  in  some  shape  or  another,  be  obtained:  and  the  im- 
portant question  is,  whether  all  the  expenses  incurred  be  really  necessary,  or  even  useful.  On  the  decision  of  that 
question,  the  Secretary  of  the  Treasury  has  no  control.  If  he  had,  there  would  certainly  be  no  necessity  to  borrow 
money  in  time  of  peace. 

Permit  me  to  add  some  observations  explanatory  of  the  letter  written  to  the  president  of  the  bank,  on  points  not 
immediately  embraced  by  the  resolution  of  the  House. 

There  were  two  reasoiis  why  it  was  thought  more  eligible,  in  this  instance,  to  negotiate  a  loan  with  the  bank,  than 
with  individuals.  It  is  still  uncertain  when,  and  to  what  amount,  the  money  may  be  wanted.  A  contract  with 
individuals  requires  previous  notice  and  arrangements,  and  is  abs.)Iute,  so  as  to  compel  Government  to  receive  the 
amount  lent,  according  to  the  terms  of  the  contract.  But,  with  the  bank,  it  was  sufficient  to  ascertain  whether  the 
loan  could,  If  wanted,  be  obtained  from  that  institution;  the  contract  might  be  delayed  till  it  was  ascertained 
whether,  and  to  what  amount,  the  loan  was  necessary;  and  it  might  be  avoided  altogether,  if  not  actually  necessary. 
The  reimbursement  would  also  be  made  with  more  convenience,  and  some  interest  saved,  because  the  repayments 
may  be  made  to  the  bank,  from  time  to  time,  and  in  any  sums  whatever,  according  to  the  situation  of  the  treasury. 

In  proposing  to  the  bank  th.at  they  should  give  notice  to  the  treasury  of  their  wish  to  be  reimbursed  the  whole 
amount  of  their  exchanged  six  per  cent,  stock,  my  object  was  to  facilitate  the  loan,  since,  by  that  operation,  there 
would  have  been  no  real  payment,  but  only  a  commutation  of  debt;  and.  also,  to  accommodate,  so  far  as  was  con- 
sistent with  the  public  interest,  those  individuals,  who,  by  accepting  the  terms  of  the  act  of  February,  1807,  had 
become  owners  of  exchanged  six  per  cent,  stock,  and  who,  that  stock  being  above  par,  could  not  desire  to  be  reim- 
bursed. As  it  related  to  the  bank,  that  consideration  was  immaterial,  as  it  was  not  presumed  that  they  wanted  to 
sell  their  stock. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  most  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  liepresentafives. 


A. 

Proceedings  of  the  Commissioners  of  the  Sinking  Fund,  at  a  meeting  held  on  \%th  March,  1809. 

At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  held  on  the  18th  March,  1809, 

Present:  Robert  Smith,  Secretary  of  State, 

Albert  Gallatin,  Secretory  of  the  Treasury, 
C.  A.  Rodney,  ^.ittorney  General  United  Stales. 

The  Secretary  of  the  Treasury  laid  before  the  Board  a  report,  dated  the  18th  day  of  March,  1809,  which  was  read, 
and  is  as  follows,  viz: 

"  That  there  was  paid,  during  the  year  1808,  in  order  to  complete  the  reimbursement  of  the  eight  per  cent,  stock, 
a  sum  of         -  -  -  -  -  -  -  -  -  $1,547,000 

On  account  of  the  public  debt,  for  the  year  1809,  in  advance,  and  on  account  of  the  annual  appro- 
priation of    -  -  -  •  -  -  -  -  -  8,000,000 


Leaving  a  sum  of  -  -  -  -  -  -  -  -  6,453,000 

Which   must,  in  conformity  with  existing  laws,  be  applied,  during  the  present  year,  to  the  payment 

of  the  principal  and  interest  of  the  public  debt. 
That  the  payments  to  be  made  during  the    present  year,  on  account  of  the  interest  on  the  debt,  in- 
cluding the  annual  reimbursement  of  the  six  per  cent-  and  deferred  stocks,  were  estimated  at  4,226,000 

Leaving  a  sum  of  -  -  -  -  -  -  -  -  S2,227,000 

Which,  the  market  price  of  stocks  being  above  the  rate  fixed  by  law  for  purchases,  can  only  be  applied  to  the 
reimbursement  of  the  exchanged  six  per  cent,  stock,  in  conformity  with  the  provisions  of  the  act  supplemen- 
tary to  the  act,  entitled  '  An  act  making  provision  for  the  redemption  of  the  whole  of  the  public  debt  of  the 
United  States.' 

And  that,  considering  the  probable  amount  of  receipts  and  expenditures,  during  the  present  year,  it  is  not  be- 
lieved that  all  the  demarids  on  the  treasury,  including  the  abovementioned  sum  of  $2,227,000,  can  be  discharged, 
unlets  a  loan  can  be  obtained,  equal  to  the  amount  of  principal  of  the  public  debt  thus  reimbursed." 

Whereupon, 
s  Resolved,  That  a  sum  not  exceeding  $2,250,000.  be  applied,  during  the  present  year,  to  the  reimbursement  of 
the  principal  of  the  exchanged  six  per  cent,  stock,  in  conformity  with  the  provisions  of  the  act  last  abovementioned. 


1809.]  COMMISSIONERS   OF   THE    SINKING    FUND.  37I 

Resolved,  That  the  Secretary  of  the  Treasury  be  authorized,  with  the  approbation  of  the  President  of  the  Unit- 
ed States,  to  burrow  a  sum  equal  to  that  of  ihe  principal  of  the  public  debt  which  may  be  thus  reimbursed,  in  con- 
formity with  the  provisions  of  the  lOlh  section  of  the  act,  entitled  "^  An  act  making  further  provision  for  the  sup- 
port of  the  public  credit,  and  for  the  redemption  of  the  public  debt." 

R.  SMITH,  SecTdary  of  Slate, 

ALBERT  GALLATIN,  Secretary  of  the  Treasury, 

C.  A.  RODNEY,  Jittorney  General  of  the  Urtilcd  Slates. 

B. 

Letter  from  the  Secretary  of  the  Treasury  to  the  President  of  the  Bank  of  the  (Jnitcd  States. 

Treasury  Department,  March  21s<,  1809. 
Sir:  ■ 

The  commissioners  of  the  sinking  fund  bavins;  directed  the  reimbursement  of  a  sum  not  exceeding  $'2,250,000, 
of  the  new  exchanged  six  per  cent  stock,  and  authori'/.ed,  in  conformity  with  the  10th  section  of  the  act  "  making 
further  provision  for  the  support  of  public  cietlit,  and  for  the  redemption  of  the  public  debt,"  passed  3d  March, 
1795,  a  loan  to  the  amount  ol'principiil  thus  to  be  reimbursed.  I  beg  leave  to  inquire,  1st.  Whetiier  the  Bank  of  the 
United  States  will  be  disposed  to  lend  that  sum,  in  two  equal  instalments,  viz:  on  1st  October  next,  and  on  the  Ist 
January,  1810,  being  the  times  at  which  I  intended  to  efti'ct  the  reimbursement.''  2dly.  Whetiier  the  Bank  will 
assent  to  be  reimbursed  the  whole  amount  ot  saitl  exchanged  six  per  cent,  stock,  which  they  own,  at  the  times 
abovementioned? 

The  two  propositions  may  be  considered  as  independent,  one  of  the  other,  it  being,  however,  understood  thai, 
if  the  bank  does  not  wish  to  make  the  loan,  it  would  suit  Government  betternot  to  reimburse  the  bank  exclusively, 
but  only  according  to  lot,  in  common  with  other  stockholders. 

If  the  bank  will  assent  to  make  the  loan,  but  refuse  to  receive  the  reimbursement,  (so  far  only  excepted  as  may 
be  determined  by  lot)  it  will  not  be  material  that  the  sum  lent  should  be  paid  by  the  bank  into  the  treasury,  precisely 
in  two  instalments,  as  abovementioned.  The  times  and  amounts  of  payments  may,  in  that  case,  be  arranged, 
when  a  formal  agreenient  shall  be  entered  into,  so  as  to  answer  the  wants  of  the  treasury,  and  the  convenience  of 
the  bank.  It  is  only  in  case  the  bank  will  accede  to  both  propositions,  that,  as  there  will  be  no  real  payments,  but 
only  a  commutation  of  exchanged  six  per  cent,  stock  into  a  temporary  loan,  it  will  be  necessary  thai  the  loan 
should  be  made  on  the  same  days,  and  for  the  same  sums  as  the  reimbursement. 

If  the  bank  will  accede  to  both  proposals,  it  v.  ill  be  seen,  by  reference  to  the  8th  section  of  the  act  supplemen- 
tary to  the  act,  entitled  "  An  act  making  provision  for  the  redemption  of  the  whole  of  the  public  debt  of  the  United 
States,"  passed  the  11th  February,  I807.  that  an  exclusive  reimbursement  of  the  exchanged  six  per  cent,  stock, 
held  by  the  bank,  cannot  take  place,  unless  notice  be  given  to  this  Department,  in  writing,"of  the  wish  of  the  insti- 
tution to  be  thus  reimbursed;  and  that  notice  must  reach  me  prior  to  the  30th  instant,  as  I  must  otherwise  deter- 
mine, by  lot,  what  certificates  of  that  stock  shall  be  reimbursetl,  and  give  public  notice  thereof,  in  conformity  with 
the  second  section  of  the  same  act,  on  or  before  the  first  day  of  next  month.  I  am  sensible  that  this  is  pressing  for 
an  answer  within  a  shorter  time  tlian  may  be  convenient,  but,  under  the  pressure  of  current  business,  I  did  not 
attend  to  this  operation  till  within  the  last  three  days.  I  therefore  request  that  you  will  have  the  goodness  to  lay 
the  subject  immediately  before  the  Board,  and  to  favor  me  with  the  answer.  If  that  answer  be  in  the  affirmative,  I 
will  thank  you  to  enclose  in  it  the  notice,  in  writing,  asking  for  the  reimbursement,  in  order  that  such  notice,  un- 
connected with  any  other  subject,  may  be  filed  as  a  voucher,  authorizing  me  to  reimburse,  in  conformity  therewith. 

I  have  the  honor  to  be,  &c. 

ALBERT  GALLATIN. 

David  Lenox,  Esq. 

President  of  the  Bank  of  the  United  States,  Philadelphia. 


Letter  from  the  President  of  the  Bank  of  the  United  States  to  the  Secretary  of  the  Treasury. 

Bank  of  the  United  States,  March  24th.  1809. 
Sir: 

I  lost  no  time  in  laying  before  the  Board  of  Directors,  your  letter  of  the  21st  instant,  which  I  had  the  honor 
of  receiving  yesterday.  To  the  first  of  your  inquiries,  namely:  "Whether  the  Bank  of  the  United  States  will  be 
disposed  to  lend  that  suni  ($2,250,000)  in  two  equal  instalments,  viz:  on  the  1st  October  next,  and  on  the  1st 
January.  1810,"  I  am  desired  to  state,  that  there  is  every  disposition  on  the  part  of  this  Board  to  comply  with  the 
wishes  of  Government  but  it  appears  to  them  that  they  are  not  authorized,  by  the  act  of  1795.  to  make  a  loan  for 
the  reimbursement  of  the  stock  created  by  the  act  of  1807;  besides,  there  are  considerations  which  now  present 
themselves,  of  much  importance  to  the  institution,  arising  from  the  short  duration  of  the  chartei-.  with  which  a  loan, 
reimbursable  at  the  pleasure  of  the  United  .States,  may  interfere.  To  evince,  however,  the  friendly  disposition  of 
the  Board,  they  do  not  hesitate  to  agree  to  the  loan,  provided  it  is  not  wanted  for  a  more  distant  period  than  tlie 
time  when  the  present  charter  of  the  bank  will  expire,  at  an  interest  of  six  per  cent,  per  annum,  and  provided 
also,  a  law  is  obtained,  at  the  next  session  of  Congress,  giving  them  authority  to  make  it. 

To  your  second  inquiry,  viz:  "  Whether  the  bank  will  assent  to  be  reimbursed  the  whole  amount  of  the 
exchanged  six  per  cent,  which  they  own,  at  the  times  mentioned."  I  have  to  reply,  that  the  Board  prefer  accepting 
such  proportion  only,  as  may  fall  to  the  lot  of  the  bank.  In  returning  this  answer  to  your  letter.  I  hope  it  may  he 
perfectly  satisfactory,  and  aii  additional  proof  of  the  desire  of  this  Board  to  comply  with  the  views  of  Government 
on  every  occasion,  when  not  incompatible  with  the  interest  of  the  institution. 

I  have  the  honor  to  be,  sir,  your  very  obedient  servant, 

D.  LENOX.  Presidmt. 

The  Honorable  Albert  Gallatin,  Esq. 

D. 

Proceedings  of  the  Commissioners  of  the  ShMng  Fund,  at  a  meeting  held  on  the  26th  December,  1795. 

At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  on  the  26th  day  of  December,  1795, 

Present:        The  President  of  the  Senate. 
The  Secretary  of  State, 
The  Secretary  of  the  Treasury. 

A  report  of  the  Secretary  of  the  Treasury  was  read,  as  follows: 

"That,  to  provide  for  the  payment  of  the  interest  on  the  public  debt,  which  will  fall  due  at  the  close  of  the  pre- 
sent year,  it  will  be  necessary  to  anticipate  the  appropriated  revenues  to  the  amount  of  five  hundred  thousand  dol- 
lars. 

"  The  authority  to  make  a  loan  for  this  purpose,  is  contained  in  the  first  section  of  an  act.  passed  on  the  3d  daj 
of  March,  1795,  entitled  '  An  act  making  further  provision  for  the  support  of  public  credit,  and  for  the  redemption 
of  the  public  debt.' 


5;-2  ,  FINANCE.  t!80a 


"  The  Secretary  proposes,  that  the  said  loan  be  had  of  the  Bank  of  the  United  States,  for  one  year,  to  bear  interest 
from  the  1st  day  of  January,  ensuing,  at  the  rate  of  six  per  centum  perannuni,  to  be  refunded  out  of  the  proceeds  of  the 
duties  on  goods,  wares,  and  merchandise,  imported,  on  the  tonnage  of  ships  and  vessels,  and  upon  spirits  distilled  in 
the  United  States,  and  stills,  which  may  accrue  to  the  end  of  the  present  year,  and  be  then  uncollected. 

"That  the  commissioners  may  be  satisfied,  as  to  the  real  state  of  the  treasury,  at  the  latest  period  to  which  the 
accounts  have  been  settled,  he  takes  the  liberty  to  lay  before  them,  a  copy  of  his  report,  made  to  the  House  of 
Representatives-,  on  the  14tl)  instant,  in  which  the  receipts  and  expenditures  for  the  three  first  quarters  of  the  present 
year  are  exhibited,  and  also,  a  view  of  the  probable  receipts  and  expenditures  for  the  year  1796. 

"  Wherefore,  the  said  Secretary  requests  that  the  board  of  commissioners  of  the  sinking  fund  would  resolve, 
that  an  application  be  made  to  the  President  of  the  United  States,  for  his  permission  to  the  Secretary  of  the  Trea- 
sury to  borrow  five  hundred  thousand  dollars,  on  the  terms  and  conditions  before  mentioned,  to  be  applied  in  the 
manner  herein  proposed." 

Whereupon,  it  was  resolved,  unanimously.  That  the  sum  of  five  hundred  thousand  dollars  be  borrowed  by  the 
Secretary  of  the  Treasury,  for  a  term  not  exceeding  one  year,  at  the  rate  of  interest  not  exceeding  six  per  centum 
per  annum,  to  commence  on  the  first  of  .lanuary,  1796,  pursuant  to  the  first  section  of  the  act,  entitled  "  An  act 
making  further  provision  for  the  support  of  public  credit,  and  for  the  redeinption  of  the  public  debt;"  and  that  this 
resolution  be  laid  befi)re  the  President  of  the  United  States,  for  his  approbation. 

JOHN  ADAMS,  President,  of  the  Senate, 
TIMOTHY  PICKKRING,  Secretary  of  State, 
OLIVER  WOLCOTT,  Jr.  Secretary  of  the  Treasury. 
December  -201  h,  1795. 

Approved:  GEO.  WASHINGTON. 

E. 

Contract  between  the  Commissioners  of  the  Sinking  Fund  and  the  Bank  of  the  United  States- 

Articles  of  agreement  between  Oliver  "^^'olcott,  jr..  Secretary  of  the  Treasury,  in  behalf  of  the  Commissioners  of 

the  Sinking  Fund,   of  the  one  part;  and  the  President,  Directors,  and  Company,  of  the  Bank  of  the  United 

States,  of  tlie  other  part;   made  and  concluded  the  thirty -first  day  of  December,  in  the  year  of  our  Lord  one 

thousand  seven  hundred  and  ninety-five- 
Whereas,  by  the  act,  entitled  "An  act  making  further  provision  for  the  support  of  the  public  credit,  and  for 
the  redemption  i)f  the  public  debt,"  passed  the  3d  day  of  March,  in  the  present  year,  the  commissioners  of  the 
sinkin°-  fund,  with  the  approbation  of  the  President  of  the  United  States,  are  authorized  and  empowered  to  borrow, 
or  cause  to  be  borrowed,  from  time  to  time,  such  sums,  in  anticipation  of  the  revenues  appropriated,  not  exceeding, 
in  one  year,  one  million  of  dollars:  A  nd  whereas  the  said  commissioners  of  the  sinking  fund,  by  their  resolution  of  the 
twenty-sixth  of  December,  one  thousand  seven  huiidied  and  ninety-five,  approved  by  the  President  of  the  United 
States,  did  unanimously  agree,  that  the  sum  of  five  hundred  thousand  dollars  should  be  borrowed  by  the  Secretary 
of  the  Treasury,  for  a  term  not  exceeding  one  year,  at  a  rate  of  interest  not  exceeding  six  per  centum  per  annum, 
to  commence  on  the  first  of  January,  one  thousand  seven  hundred  and  ninety-six,  pursuant  to  the  act  above  recited: 

Now,  therefore,  these  presents  witness,  that,  pursuant  to  the  authority  afi)resaid,  it  hath  been,  and  is  hereby, 
agreed,  by  and  between  the  said  parties  of  the  first  and  second  part,  as  follows,  viz: 

First.  The  said  President,  Directors,  and  Company,  shall  lend  to  the  Uunited  States,  the  sum  of  five  hundred 
thousand  dollars,  to  be  advanced  on  the  first  day  of  January,  one  thousand  seven  hundred  and  ninety-six. 

Second.  The  said  sum,  so  to  be  advanced  as  aforesaid,  shall  bear  interest  at  the  rate  of  six  per  centum  per  annum, 
from  the  date  befoie  mentioned,  payable  on  the  first  day  of  July,  one  thousand  seven  hundred  and  ninety  six,  and 
on  the  first  day  of  January,  one  thousand  seven  hundred  and  ninety -seven. 

Third.  The  United  States  shall  reimburse  or  repay  to  the  said  Bank  of  the  United  States,  the  said  sum  of  five 
hundred  thousand  dollars,  with  the  interest  which  shall  be  due  thereon,  on  or  before  the  first  day  of  January,  in  the 
year  one  thousand  seven  hundred  and  ninety-seven,  reserving,  nevertheless,  to  the  United  States,  the  right  of  reim- 
bursing, at  tiieir  pleasure,  the  whole,  or  any  part  of  the  said  sum,  which  shall  have  been  so  lent  and  advanced,  after 
giving  one  month's  notice  to  the  President  of  the  said  bank,  of  the  sum  intende(\  to  be  reimbursed. 

In  testimony  whereof,  the  said  Secretary  of  the  Treasury  hath  caused  the  seal  of  the  treasury  to  be  affixed  to 
these  presents,  and  hath  hereunto  subscribed  his  hand;  and  the  said  President,  Directors,  and  Company, 

[seal.]     have  also  caused  the  seal  of  the  Bank  of  the  United  States  to  be  atlixed  to  the  same,  the  day  and  year 
aforesaid. 

OLIVER  W^OLCOTT,  Secret ai-y  of  the  Treasury. 
[sKAL.  ]  THOS.  WTLLING,  President  of  the  Bunk  of  the  United  States. 

F. 
Proceexlings  of  the  Commissioners  of  the  Sinkiiig  Fund,  at  a  meeting  held  on  the  \bth  December,  1798. 

Atameeting  of  the  Commissioners  of  th.e  Sinking  Fund,  on  the  fifteenth  day  of  December,  1798, 
Present:        The  Honorable  John  Laurence,  President  of  the  Senate, 
The  Secretahy  of  Slate, 
The  Secretary  (f  the  Treasury, 
The  Attorney  General  of  the  United  Stales. 
The  Secretary  of  the  Treasury  laid  before  the  Board  a  report,  dated  the  fourteenth  day  of  December,  1798, 
which  was  read,  and  is  as  follows: 

"That,  by  the  eleventh  section  of  the  act  of  Congress,  passed  on  the  third  day  of  March,  1795,  entitled  'An 
act  making  iiirther  provision  for  the  support  of  public  credit,  and  for  the  redemption  ot  the  public  debt,'  the  com- 
missioners of  the  sinking  fund  are  required  to  reimburse,  to  the  Bank  of  the  United  States,  the  instalments  due 
upon  the  loan  of  two  millions  of  dollars,  had  of  the  said  Bank,  pursuant  to  the  eleventh  section  ot  the  act  by  which 
the  same  was  incorporated,  as  the  said  instalments  shall  respectively  accrue- 

"That,  on  the  last  day  of  December,  in  the  present  year,  the  instalment  ot  the  aforesaid  loan,  being  two  hundred 
thousand  dollars,  will  fall  due  to  the  said  bank.  ,•    i        •  i  •        i  i      > 

"There  being  no  surplus  of  revenue  in  the  treasury  applicable  to  the  payment  ot  the  said  insalments,  the  Secre- 
tary requests,  that  application  be  made  to  the  President  of  the  United  States,  for  his  permission  to  borrow  the  sum 
of  two  hundred  thousand  dollars,  fi)r  a  term  not  exceeding  four  years,  to  be  applied  to  the  purpose  aforesaid;  and, 
there'ore,  submits  the  following  resolultion: 

"  Resolved,  That  the  sum  of  two  hundred  thousand  dollars  be  borrowed  by  the  Secretary  of  the  Treasury,  pursuant 
to  the  sixth  section  of  the  act,  passed  on  the  third  day  of  March,  1795,  entitled  'An  act  making  lurther  provision  (or 
the  support  of  public  credit,  and  for  the  redemption  of  the  public  debt,'  and  that  the  proceeds  ot  the  said  loan  be 
applied  by  the  said  Secretary,  to  the  payment  of  the  seventh  instalment  of  tlie  loan  ot  two  millions  ot  dollars,  bor- 
rowed under  the  act,  entitled  '  An  act  to  incorporate  the  subscribers  to  the  Bank  of  the  United  i^tates:'  Provideu, 
That  the  said  loan  shall,  neverthless,  be  reimbursable  at  the  pleasure  of  the  United  States,  and  si  all  bear  interest  at 
a  rate  not  exceeding  six  per  centum  per  annum,  and  that  this  resolution  be  laid  before  the  President  ot  the  United 
States  for  his  approbation. 

"  All  which  is  respectlully  submitted,  by  ,   ,    ,„ 

"  OLIVER  WOLCOTT,  Secretary  of  the  Treasury. 
"Treasury  Department,  December  \5th,  1798." 


1809.1  STATE   OF    THE    FINANCES.  373 

Whereupon,  it  was  resolvetl,  that  the  said  report  be  accepted,  and  that  the  resolution  aforesaid  be  hiid  beibii- 
the  President  ot'  the  United  States  for  his  approbation- 

JOHN  LAURENCE,  President  of  the  Senate,  pro  tan, 
Philadelphia,  December  17//;.  1798. 

Approved:  JOHN  ADAMS. 

Recorded  from  the  original  minutes  on  the  iiie,  by 

EDWARD  JONES, 

Secretary  to  the  Comrnia.noners  of  the  Si /iking-  Fund. 

G. 

Contract  bctirccn  the  Commissioners  of  the  Sinlcing  Fi/itd  and  the  Bunk  of  the  United  Stales. 

Articles  of  as;reemcnt  lietween  Oliver  Wolcott,  Secretary  of  the  Treasury,  in  behalf  of  the  Commissioners  of  liu; 
Sinking  Fund,  of  the  one  pari:  and  ihe  President,  Directors,  and  Company,  of  the  I'aiik  of  tlie  United  States, 
of  the  other  part:  made  and  concluded  the  twenty-eighth  day  of  December,  in  the  year  ol'  our  ]^(;rd  one  thouiand 
seven  hundred  and  ninety-eight. 

Whereas,  by  tlie  act,  entitknl  "  An  act  making  furilier  provision  for  (lie  support  of  public  credit,  and  for  tiie  iv- 
denijition  of  tlie  public  debt,"  passed  the  third  day  of  March,  one  tliousand  scm'u  hundred  and  ninety- fi\e.  the  C'oni- 
uiissioners  of  the  Sinking  FuntI,  with  the  approijation  of  the  President  of  (he  United  States,  are  autiKur/.cd  and  em- 
powered to  borrow,  or  cause  to  be  borrowed,  ii-(tm  time  to  time,  such  sums,  in  anticijiation  of  the  revenues  apfjro- 
priated,  not  exceeding  one  million  of  dollars:  And  whereas  the  saiil  Comuiissioners  of  (he  Sinkiii'^  Fund,  by  their 
resolution,  of  (he  fifteenlh  of  Decembei-,  one  thousand  seven  bundled  and  ninetj'-eiglit.  ap|)rovcd  by  the  Presideiir 
of  (he  United  States,  did  unanimously  agree  that  the  sum  of  (wo  huiulred  thousand  dollars  shall  be  burrowed  by  th:> 
S^ecretaiy  of  the  Treasury:  Provided, neuertJieless,  That  the  said  loan  shall  be  reimbursable  at  the  pleasure  of  tlie 
United  States,  and  shall  bear  inter-est  at  a  rate  not  exceeding  six  per  centum  per  annum: 

Now,  (herefore.  these  presents  witness,  that,  pursuant  to  the  authorilv  aforesaid,  it  hath  been,  and  is  heix'by, 
-agreed,  by  ami  between  the  said  parties  of  the  lirst  and  second  part,  as  follows,  viz: 

First.  The  said  ]-'resident.  Directors,  and  Company,  shall  lend  to  the  United  States  the  sum  of  two  hundred 
thousand  dollars,  to  be  advanced  on  (he  first  tlay  of  January,  one  thousand  seven  hundred  and  ninety-nine. 

Second.  The  said  sum.  so  to  be  advanced  as  aforesaid,  shall  bear  interest  at  the  rate  of  six  per  centum  per  an- 
num, from  the  tlate  beforementioned,  payable  half  yearly  to  the  saiil  parties  of  the  second  part,  during  the  contiuu- 
ance  of  the  said  loan,  if  the  same  shall  be  required. 

Third.  The  United  States  shall  reimburse,  or  repay  to  the  said  Pjank  of  the  United  States,  the  said  sum  of  two 
hiindred  thousand  dollars,  with  (he  interest  which  shall  be  due  thereon,  on  or  before  the  lirst  (lay  of  January,  which 
will  be  in  tlie  year  one  thousand  eight  hundred  and  three,  reserving,  nevertheless,  to  the  United  States,  the  right  of 
reimbursing,  at  their  pleasure,  the  whole,  or  any  part  of  said  sum.  which  shall  have  been  so  lent  and  advanced, "after 
giving  one  month's  notice  to  the  President  of  the  said  liank,  of  the  sum  intended  to  be  reimbursetl. 

In  testimony  whereof,  the  said  Secretary  of  (he  Treasury  ha(h  caused  the  seal  of  the  treasury  to  be  affixed  to 
these  presents,  and  hath  hereunto  subscribed  his  hantl:  and  the  said  President,  Directors,  and  Company,  have 
also  caused  the  seal  of  the  Bank  of  the  United  States  to  be  affixed  to  the  same,  the  day  and  year  aforesaid. 

[l.  s.]  0I>IVER  wolcott.  Secretary  of  the  Treasury. 

[l.  s.]  THOMAS  WILLING,  President. 


llthCoKORESS.]  No.    305.  [2d     SESRirv. 


STATE    OF    THE    FINANCES. 

COMMUNICATED    TO    THE    HOUSE    OF   REPRESENTATIVES,    DECEMBER   8,    1809. 

In  obedience  to  the  directions  of  the  act  supplementary  to  (he  act,  entided  "  An  act  to  establish  the  Treasuiy 
Department,"  the  Secretary  of  the  Treasury  res|)ectl'ully  subnuts  the  following  report  and  estimates: 

The  dudes  oii  merchandise  and  tonnage,  which  accrued  during  the  year  1807,  amounted,  after  deducting  the  ex- 
penses of  collecdon,  to         -----...  S!-20,l'2u.u-}8 
From  which,  deducting  for  debentures  issued  on  acccount  of  re-exportations,         -               -  10.0(;7.Utl 


Left,  for  the  nett  revenue  rtccre/ef?  during  that  year,    -----  $ir),059,4.'')7 


The  same  duties,  during  the  year  1808.  amounted,  after  deducting  the  expenses  of  collection,  to  10,581.559 

From  which,  deducting  for  debentures  issued,  and  which,  on  account  of  the  embargo,  did  not  exceed        3-19,39(; 


Leaves,  for  the  nett  revenue  accr;«;f/ during  that  year,  as  will  appear  by  the  statement  A,  Sl0,332,u;3 


The  stateiiient  R  exhibits  in  detail  the  several  species  of  merchandise,  and  other  sources,  from  which  (hat  revc- 
3iue  was  collected  during  the  year  1808:  anJ  the  s(a(ement  Aa  gives  a  comparative  view  of  the  importations  and 
re-exportations  of  the  several  species  of  merchamlise  for  the  years  1807  and  1808,  showing,  thereby,  distinctly,  tlie 
effect  of  foreign  aggressions  and  commercial  restrictions  on  (he  im|):)r(alions  of  foreign  articles. 

From  the  returns  already  received  i'w  the  three  first  quar(ers  of  (he  present  year,  and  from  the  general  know- 
ledge of  the  importations  made  dui-ing  the  two  last  months,  it  is  believed  that  the  gross  amount  of  cfuties  on  mcr- 
chaiulise  imported,  during  the  whole  year,  will,  after  deducting  the  expenses  of  collection,  amount  to  about  ten 
millions  of  dollars. 

But,  as  the  debentures  issued,  on  account  of  re-exportations,  (principally  of  colonial  produce)  will  amount  to 
about  3,500,000  dollars,  the  nett  revenue,  accrued  during  the  year  1609,  cannot  be  estimated  at  more  than  six  mil- 
lions and  a  half. 

It  appears,  by  the  statement  C,  that  the  salc3  of  public  lands  have,  during  the  rear  ending  on  the  30th  September, 
1809,  amounted  to  143,000  acres,  and  the  payments  by  purchasers  to  near  500,000  dollars.  The  proceeds  of  sales 
in  the  Mississippi  territory  being,  after  deducting  the  surveying  and  other  incidental  expenses,  appropriated  in  the 
first  place  to  the  payment  of  a  sum  of  1,250,000  dollars  to  the  State  of  Georgia,  are  distinctly  stated. 

It  appears,  by  fhe  statement  D,  that  the  payments  on  account  of  the  principal  of  the  public  debt  have,  during  the 
same  period,  amounted  to  near  6,730,000  dollars:  the  reimbursement  of  the  eight  per  cent,  stock  having  taken  plr.ce 
on  the  first  of  January  last.     But  the  aggregate  of  payments  on  account  of  principal  and  interest  will  not,  for  the 
two  yeai-s  1808  and  1809,  exceed  tlie  sum  of  sixteen  millions  of  dollars  appropriated  by  law. 
48  tt 


^74  FINANCE.  .  [1809. 


o 


The  same  statement  shows  that  about  34,796,000  dollars  of  the  principal  of  the  debt  have  been  reimbursed  dur- 
ing the  eight  years  and  a  half,  commencing  on  the  first  of  April,  1801,  and  ending  on  the  30th  September,  1809, 
exclusively  of  more  than  sis  n\illions  of  dollars  paid  in  conformity  with  the  provisions  of  the  convention  with  Great 
Britain  and  of  the  Louisiana  convention. 

The  actual  receipts  into  the  treasury,  during  the  year  ending  on  the  30th  of  September,  1809,  have 
amounted  to  --------  89,315,753  IG 

Making,  together  with  the  balance  in  the  treasury,  on  the  1st  October,  1808,  and  amounting  to        13,846,717  52 


An  aggregate  of  S'23, 163,470  6& 


The  disbui-sements,  during  the  same  year,  have  consisted  of  the  following  items,  viz: 
Civil  department,  including  miscellaneous  expenses,  and  those  incident  to  the  intercourse  with  for- 
eign nations,  .-.-....  $1,439,633  23: 

Military  and  Naval  establishments,  including  the  Indian  department,  viz: 

Military,  including  arms  and  fortifications,  .  .  -  .        3,366,403  12 

Navy,  --------         2,379,'367  80 

Indian  department,     -------  29:>,303  84 

6,037,974  7& 

Interest  on  the  Public  debt,  --.-..-  3,126,14915 

10,603,757   14 
Reimbursement  of  principal  of  the  public  debt,  -  -  .  ,  -  6,7:29,777  53 


Amounting,  together,  as  will  appear  more  in  detail  by  the  statement  E,  to  -  -  17.333,534  67 

And  leaving  in  the  treasury,  on  the  30th  September,  1809,  a  b;Uance  of     -  -  -  5,828,936  01 

$23,162,470  68 


Wlience  it  appears  (hat  the  expenses  of  Government,  exclusively  of  the  payments  on  account  of  the  principal  of 
the  debt,  have  exceeded  the  actual  receipts  into  the  treasury,  by  a  sum  of  near  thirteen  hundred  thousand  dollars; 
and  that  that  deficiency,  as  M'ell  as  the  rein)bursement  of  the  principal  of  the  debt,  have  been  paid  out  of  the  sums 
previously  in  the  treasury,  or,  in  other  words,  out  of  the  surplus  of  the  revenue  of  the  preceding  years. 

The  outstanding  revenue  bonds  may,  alter  deducting  the  expenses  of  collection,  and  allowing  for  bad  debts,  be 
estimated  to  have  amounted,  on  the  30th  of  September,  1S09,  to        -  -•  ■.  .    :  $7,500,000 

The  duties  on  the  importations,  during  the  last  quarter,  will  not,  probably,  after  making  a  similar 
deduction,  fall  short  of  -------  -  2,800,000 

All  those  will  tall  due  prior  to  the  first  day  of  January,  1811,  and  make,  together  with  the  balance 
in  the  treasury,  on  the  30th  September,  1809,  and  amounting,  as  above  stated,  to  -  -  5,800,000 

An  aggregate  of  -  -  -  -  ■       .         ■    .  "  ".  $16,100,000 

The  expenses  of  the  present  quarter,  though  not  yet  precisely  ascertained,  will  not,  probably,  in- 
cluding the  payments  on  account  of  the  public  debt,  exceed  .  -  -  .  3,600,000 

Leaving,  on  the  first  day  of  January,  1810,  a  sum  of  -  -  .  .  $12,500,000 

About  twelve  and  a  half  millions  of  dollars,  in  cash  or  bonds,  payable  during  the  year  1810,  and  applicable  to  the 
expenses  of  that  year.  'J'liis  estimate,  however,  is  founded  on  the  supposition  that  the  amount  of  debentures,  paya- 
i)le  in  that  year,  will  not  exceed  two  millions  ot  dollars,  and  that  the  receipts,  during  the  year,  arising  from  impor- 
tations subsequent  to  the  first  of  January  next,  and  from  the  sales  of  land,  w  ill  be  sufficient  to  pay  those  deben- 
tures, and  to  leave  at  all  times  in  the  treasury,  at  least  one  million  of  dollars. 

Estimating  the  expenses  of  a  civil  nature,  both  domestic  and  Ibreign,  tor  the  year  1810,  at  the 
same  amount  actually  ex])ended  for  those  objects  during  the  preceding  year,  or  at  about  -  $1,500,000 

And  adding  thereto  the  annual  appropriation  of  -  -  -  -  -  8,000,000 

For  the  public  debt,  (of  which  sum  about  tliree  millions  seven  hundred  and  fifty  thousand  dollars 
■will  be  applied  to  the  final  reimbursement  of  the  exchanged  six  per  cent,  stock)  it  follows  that, 
unless  the  aggregate  of  the  expenses  for  the  military  and  naval  establishments,  should  be  reduced 
to  about         ----------  3,000.000 


$12,500,000 


A  loan  will  be  necessary  to  make  up  the  deficiency.  That  state  of  the  treasury  had  been  anticipated;  and,  for 
tiiat  reason,  an  increase  of  duties  had  been  respecllully  submitted  in  the  last  annual  repoi't.  Eut,  should  that 
measure  be  now  atiopted,  it  wouhl  not,  on  account  of  the  terms  of  credit  allowed  for  the  payment  of  duties,  super- 
sede the  necessity  of  a  loan  for  the  service  of  the  year  1810,  commensurate  with  the  extent  of  those  establishments, 
and  with  the  approjiriations  wliich  may  be  made  ior  iheii'  support  by  Congress.  No  precise  sum  is  suggested,  since 
this  must  vaiy  according  to  the  plans  which  may  be  adopted  in  relation  to  foreign  nations,  and  w ill  particularly 
depend  on  the  decision  of  Congress  on  the  (piestion  of  \\ar  or  peace.  It  is  sufficient  Instate,  that,  it  the  actual 
exjienditure  of  the  year  1810,  tor  all  military  and  naval  purposes,  should  be  estimated  at  the  same  sum  which  was 
disbursed  by  the  treasury,  for  those  objects,  during  ihe  year  eniling  on  the  30th  September,  1809.  and  exceeding,  as 
above  stated,  six  millions  of  dollars,  the  deficiency,  according  to  the  preceding  estimates,  would  amount  to  three 
rniliions:  on  which  sup|)osition,  it  would  seem  prudent,  in  order  to  provide  against  any  deficiency  in  the  receipts, 
beyond  what  has  been  estimaleil,  to  authori'/.e  a  loan  of  tour  i\ullions  of  dollars. 

In  the  event  of  war,  the  necessity  of  rendering  it  efficient,  and  of  calling  for  that  purpose  info  action  all  the 
resources  of  the  country,  is  too  obvious  to  require  any  comment.  On  that  subject  nothing  will,  at  this  time,  be  add- 
ed by  this  Department  to  the  suggestions  respecllully  submitted  in  the  two  preceding  annual  reports.  Loans,  reim- 
bursable by  instalments,  and  at  fixed  periods,  after  the  return  of  peace,  must  constitute  the  piincipal  resource  for 
defraying  the  extraordinary  expenses  of  the  war.  For  the  support  of  public  credit,  the  basis  on  which  rests  the 
practicability  of  obtaining  loans  on  reasonable  terms,  it  appears  necessary  that  the  revenue  should,  in  the  mean  while, 
be  equal  to  the  interest  on  the  public  debt,  including  that  on  the  new  loans,  and  to  all  the  current  expenses  of  Go- 
vernment, caiculateil  on  a  peace  establishment,  or,  for  the  present,  to  about  eight  millions  of  dollars.  An  imme- 
diate and  considerable  increase  of  the  existing  duties  will,  it  is  believed,  be  requisite  for  tiiat  purpose,  in  order  to 
cover  the  defalcation  which  a  maritime  war  must  necessarily  produce  in  a  revenue  almost  exclusively  depending 
on  commerce.  That  increase  appears  pielerable,  in  the  present  situation  of  the  United  States,  to  any  other  source 
of  taxation,  and  is  not,  in  time  of  war,  liable  to  the  objection  of  its  encouraging  smuggling.  It  is  only  in  the  event 
of  that  revenue  being  still  more  affected  by  a  war  than  is  apprehended,  that  a  resort  to  internal  taxes,  either  direct 
or  indirect,  may  become  necessary. 

If  war  should  not  be  resorted  to,  it  does  not  appear  requisite,  unless  Congress  should  resolve  on  a  permanent 
increase  in  the  military  anil  naval  establishments,  in  time  of  peace,  to  lay,  at  present,  any  ailditional  duties,  beyond 
a  mere  continuance  of  the  two  and  a  half  per  cent,  known  under  the  name  of  ■' Alediterranean  Fund."  It  has 
already  been  stated,  that  an  increase  of  the  impost  vvould  not  supply  the  deficiency  which  may  take  place  in  the 
year  1810;  and  exclusively  of  the  reimbursement  of  the  loan  which  may  be  wanted  for  the  service  of  that  year,  all 


1809.] 


STATE   OF    THE    FINANCES. 


375 


the  national  expenses,  calculated  on  a  peace  establishment  and  on  the  averajjo  of  tiie  acfuai  expenditures  of  the  six 
years  180-3  to  1807,  will  not  exceed  ten  millions  of  dollars  for  the  year  1811,  and  ei.slit  millions  alter  that  year:  fin.  the 
only  portion  of  the  existing  debt,  which,  according  to  law,  it  w  ifl  he  practicable^  after  the  year  1810,  to  reimburse, 
will,  exclusively  of  the  annual  reimbursement  of  the  six  per  cent,  and  deferred  stocks,  consist  otdy  ot  the  coiivertecl 
six  per  cent,  stock,  which  amounts  to  less  than  two  millions  of  dollars.     The  payments  on  account  of  the  annual 
appiopriation  of  eight  millions  of  dollars,  for  the  debt,  cannot,  for  that  reason,  (except  for  the  purpoi-.e  of  reimbursing 
the  loan  which  may  be  wanted  for  the  service  of  the  year  1810)  much  exceed  six  millions  ot  dollars  in  the  year 
iSll.  and  four  millions  of  dollars,  annually,  after  that  year.     The  expenses  foi'  the  year  181),  and  the  ensuing  years, 
may,  therefore,  if  calculated  on  a  peace  establishment,  he  estimated  ;is  followeth,  viz: 
Civil  expenses,  domestic  and  foreign,  ......  $1,500,000 

Military  and  naval  establishments,  (includinj;   the  Indian  department)  calculated  on  the  average  of 

the  actual  expenditure  lor  those  objects  during  the  six  years,  1802 — 1807.  as  wi 

statement  F,  about  ...... 

Interest  on  the  public  debt,  including  the 

stocks,  ... 


nl 


appear  by  the 
annual  reimbursement  on  the  six  per  cent,  and  deferretl 


Total  of  the  annual  expenses,  afvcr  the  year  1811, 
Reimbursement  of  the  converted  six  per  cent,  stock. 

Total  of  expenses  for  the  year  1311, 


'2,500,000 

4.100,000 

8,100.000 
1,800,000 

_J?9.9(;0.000 

AVhatever  may  be  the  decision  of  Congress,  in  other  respects,  there  is  a  subject  which  seems  to  requlie  iiiimc- 
diate  attention.  The  provisictns  adopted  for  the  purpose  of  carrying  into  etiect  the  non-intercourse  with  England 
and  France,  particulai'ly  as  modified  by  the  act  of  last  session,  under  an  expectation  that  the  oi'ilers  (jf  council  of 
Great  Britain  had  been  re\iiketl.  are  inefficient,  and  altogeihei-  inapjilicable  to  existing  circumstances.  It  will  be 
sufficient  to  observe,  that  exportation  by  land  is  not  Ibrbidden;  anil  that  no  bonds  being  requiretl  Irom  vessels  osten- 
sibly einploj'ed  in  the  coasting  trade,  nor  any  authority  vested  liy  law  \\  hich  will  justily  detention,  those  vessels 
daily  sail  for  British  ports,  without  any  other  reniedy  but  the  precarious  mode  of  instituting  prosecutions  against  the 
apparent  owners.  It  is  unnecessary,  and  it  would  be  paniful,  to  dwell  on  all  the  ettects  of  those  violations  of  the 
laws.  But.  w  ithont  any  allusion  to  the  eliiciency  or  political  object  of  any  system,  and  meiely  \\  ith  a  \  iew  to  its  exe- 
cution, it  is  incumbent  to  state,  that, from  the  experience  of  the  two  last  years,  a  perfect  conviction  arises,  tiiat, either 
the  system  of  restriction,  partially  abandoned,  must  be  reinstated  in  all  its  parts,  ami  with  all  the  ()ro\isions  neces- 
sary for  its  strict  and  comj)lete  execution,  or.  that  all  the  restrictions,  so  far,  at  least,  as  they  affect  the  commerce  and 
navigation  of  the  citizens  of  tiie  United  States,  ought  to  be  removed. 
All  which  is  respectfully  submitted. 

ALBERT  GALLATIN,  Secretary  of  the  Trcasimj. 

Tkeasury  Depautjient,  December  llh,  1809. 


Statement  exhlljiling  the  amount  of  ditties  ichirh  accrued  on  jncrchandise,  tonnage,  passports,  and  clearances;  of 
dcbeitlurcs  issued  on  tlie  erportation  of  foreign  merchandise;  of  payments  for  bounties  und  allowances,  and  for 
expenses  of  collection,  during  the  years  1807  and  1808. 


D  I  TIES  OS 

Debentures 
issued. 

bounties  and 
allowances. 

Gross  Revenue. 

Expenses  on 
collection. 

Nett  Revence. 

Merchandise. 

Toanag'e. 

Passports  and 
clearances. 

1807 
1808 

•20,090,505  49 
11,104,557  83 

•207.349  80 
119,097  01 

19,890  00 
084  00 

10.007,191  00 
249,390  00 

188.034  90 
100,152  55 

10.067.925  45;  008,408   15 
a  10,875,390  89;  543,227  14 

10,059.457  30 
10,332,103  75 

(«)   Gross  revenue  for  the  year  1808, 


Gross  revenue,  per  statement  B, 


510,S75,.390  89 
18,000  34 

?10,857,390  55 


Statement  of  the  amount  of  American  an^l  foreign  Tonnage  rmphyrd  in  foreign  trade,  for  the  year  1808,   ca 

taken  from  the  records  of  the  7'reasury. 

American  tonnage  in  foreign  trade,       ......  Tons,     525.130 

Foreign  tonnage,  .........  47.072 


Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 


57-\S02 


Proportion  of  foreign  tonn;ig:  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United 

States,  -      "  -  -  -  '      -  -  -  -  -  8.3  to  100 


B. 

Statement  exhibiting  the  vrdnc  and  c/unntities.  respectively,  of  merchandise,  on  which  duties  actucdly  accrued  during 
the  year  1808,  (consisting  of  the  difj'erenre  be'u-een  articles-  paying  dufy.  imported,  and  those  entitled  to  dran-back, 
re-exported)  and,  also,  of  the  net',  revenue  which  accrued  during  that  year,  from  duties  on  merchandise,  tonnage, 
passports,  and  clearances. 


GOODS    P.VYIXO    DUTIES    .\D  VALOUEM. 


*  $17,983,125,  at  12i  percent. 
2,022,178,  at  15  do. 

60,047,  at  20  do. 

$20,672,250 


$2,247,880  03 

393,371   70 

13,329  40 


492.784  25 


(a)  Additional  duty  on  $19,711,370,  at  2^  per  cent. 

3,147,365  38 
*  424  dollars  of  this  sum  is  merchandise  paying-  a  duty  of  10  per  cent,  ad  valorem, 


Li76 


FINANCE. 


[1809. 


(b)  Spirits, 

(c)  Sugar, 
(/)  Wines, 
(f)  Teas, 

Coftee, 
Molasses,     , 
iff)  All  other  articles, 


4,625,198  gallons,  at  28.8  cents  average, 
8 1,853,633  pounds,  at    2.6  do. 

1,315,233  gallons,  at  30.4  do. 

4,800,142  pounds,  at  20.3  do. 

30,895,495  pounds,  at   5    cents, 

6,456,073  gallons,  at    5    cents. 


(/)  Salt,  deducted,  being  excess  of  bounties  and  allowances  in  1807,  paid  in  1808,  be- 
yond the  duties  collected,  .  .  .  .      154,396  20 
Deduct  duties  refunded,  after  deducting  therefrom  duties  collected 
on  merchandise,  the  particulars  of  which  could  not  be  ascertain- 
ed, ami  difference  of  calculation,                   .                .  .        13,557  90 

Three  and  a  half  per  cent,  retained  on  drawbacks,  . 

I";xtra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise, 
Duties  on  tonnage,  ...  .... 

Light  money,  ........ 

Duties  on  passports  and  clearances,     ....  .  . 

Sundry  accounts  not  yet  received,  estimated  at  .... 

Gross  revenue,  as  per  statement  Ai 
Deduct  expenses  of  collection,  .... 

Nett  revenue. 


$1,333,473  71 
2,219,489  96 
400,481  53 
973,153  57 
1,544,774  75 
322,803  65 
841,687  37 

10,783,232  92 


167,954  10 


93,018  33 
26.679  28 


10,615,278  82 

9,145  19 

111,084  93 

10,735,508  94 


119,697  61 
684  00 

10,855,890  55 
1,500  00 

10,857,390  55 

543,227   H 

$10,314,163  41 


Explanatory  Statements  and  Notes. 

(n.)  Additional  duty  of  2j  per  cent.  .  -  .  . 

Three  and  a  half  per  cent,  retained  on  drawbacks,  - 

Extra  duty  of  ten  per  cent,  on  merchandise  imported  in  foreign  vessels, 


(i.)  Spirits — Grain, 


1st  proof, 
2d      do. 


173,080  gallons,  at  28  cents, 


3d  do. 

4th  do. 

Other  materials,  1st  &  2d  do. 

3d  do. 

4th  do. 

5th  do. 


245 

80 

30,110 

831,720 

2,061,255 

1,521,873 

6,835 


do. 
do. 
do. 
do. 
do. 
do. 
do. 


29 
31 
34 
25 
28 
32 
38 


do. 
do. 
do. 
do. 
do. 
do. 
do. 


Gallons,  4,625,198 


(f.)  Sugar- 


-Brown,  &c. 
White,  &c. 


65,223,807  pounds,  at2i  cents, 
19,629,826         do.         3       do. 


Pounds,  84.853,633 


id.) 


AA'ines — Madeira,  1st  quality,  - 
2d        do.    - 
Sherry  and  St.  Lucar, 
Oporto  and  Lisbon,     - 
Burgundy  and  Champaign,    - 
Teneriffe,  Fayal,  Malaga,  &c. 
Other,  in  bottles, 
Do.   in  casks, 


65,902  gallons,  at  58  cents. 


29,091 

do. 

50 

do. 

265,800 

do. 

40 

do. 

80,147 

do. 

30 

do. 

744 

do. 

45 

do. 

268,830 

do. 

28 

do. 

22,160 

do. 

35 

do. 

582,559 

do. 

23 

do. 

Gallons,    1.315,233 


(f.)  Teas — Bohea,      -  .  - 

Souchong, 

Hyson,  -  -  -         803,286 

Other  green,        .  .  -      1,757,168 

1 1  Extra  duties  on  teas  imported  from 

other  places  than  India, 


642,209  pounds,  at  12  cents, 
1,597,479         do.         18     do. 
do.         32    do. 
do.         20    do. 


Pounds,   4,800,142 


(/.)  Salt— Exported,  - 

Amount  ot  bounties  and  allowances, 
$160,152  55,  reduced  into  bushels, 
at  5  bushels  the  dollar,  - 


Total  exported,  &c. 
Imported,  bushels  of  56  pounds. 


585  bushels,  at  30  cents, 
800,763      - 

do.        12    do. 


801,348 
48,945 


Bushels,  752,403 


$492,784  27 

475  79 

2,704  48 

$49.5,964  54 

$48,462  40 

71  05 

24  80 

10,237  40 

207.930  00 

577.151  40 

486,999  36 

2,597  30 

$1,333,473  71 

$1,630,595  18 

588,894  78 

$2,219,489  96 

$38,223  16 

14,545  50 

106,320  00 

24,044  10 

334  80 

75,272  40 

7,756  00 

133,988  57 

$400,184  53 


$77,065  08 
287,546  23 
257,051  52 
351,433  60 

57  15 

$973.153  57 

$117  00 


160,152  60 

160,269  60 
5,873  40 

$154,396  20 


1809.] 


STATE   OF   THE   FINANCES. 


377 


Explanatory  Statements  and  iVb/fs— Continued. 


aUANTITIES. 

Rate  of 

Excess  of  du- 

Excess of 

{g. )  All  other  articles. 

Kxcess  of  im- 

Excess of 

duty. 

ties  over 

drawback 

Total. 

portation  over 
exportiitiou. 

exportation 
over  impor- 

drawback. 

over  duties. 

tation. 

Cents. 

Beer,                 .            .            .        gallons, 

1G,871 

8 

$1,349  68 

Cocoa,               .            .            .        pounds. 

1,044,8G1 

. 

2 

20,897  28 

Chocolate,         .           .            .              do. 

1,033 

_ 

3 

30  99 

Sugar,  candy,   .            .            .             do. 

2,8G3 

- 

m 

339  24 

loaf,        .            .            .              do. 

159 

_ 

9 

14  31 

other,  refined,  and  lump,            do. 

37,735 

_ 

6.i 

2,452  78 

Almonds,          .            .            .              do. 

18t!,474 

_ 

3 

3,729  48 

Prunes  and  plums,      .            .             do. 

29,355 

. 

3 

585   10 

Currants,          .             .            .              do. 

28,711 

_ 

2 

574  23 

Figs,                  ...             do. 

79,747 

.. 

o 

1,594  94 

Ilaisins,  in  jars,  boxes,  and  Muscadel,  do. 

586,495 

. 

2 

11,739  90 

all  other,           .            .             do. 

930,431 

_ 

Id 

13,956  33 

Candies,  tallow,          .            .              do. 

41,445 

_ 

2 

838  90 

wax,  or  spermaceti,  .              do. 

3,323 

. 

6 

193  38 

Cheese,             ...             do. 

Gl,374 

_ 

4,396  18 

Soap,                 ...              do. 
Tal  ow,             .            .            .              do. 

315,080 

288,614 

6,301   60 
4,339  31 

Mace,                .            .           .              do. 

1,114 

_ 

125 

1,393  50 

Nutmegs,          ...             do. 

9,560 

_ 

50 

4,780  00 

Cinnamon,        .            .            .             do. 

- 

566 

20 

_ 

113  20 

Cloves,              .            .            .             do. 

29,686 

. 

20 

5,937  20 

Pepper,             .            .            .             do. 

4,034,822 

» 

6 

243,089  33 

Pimento,           .            .            .              do. 

288,013 

. 

4 

11,530  53 

Chinese  cassia,             .            ,              do. 

239,195 

. 

4 

9,567  80 

Tobacco,  nianufiictured,  other  than  snuff 

and  cigars,     .            .            ,             do. 

2,085 

_ 

6 

125  10 

Snuff,                .            .            .             do. 

11,810 

_ 

10 

1,181  00 

Indigo,              .            .            .             do. 

930,273 

. 

25 

232,568  25 

Cotton,              ...             do. 

3.361,109 

_ 

3 

100,833  27 

Powder,  hair,   .            .            .             do. 

2,692 

« 

4 

107  68 

gun,     ...             do. 

116,167 

. 

4 

4,646  68 

Starch,                          .            ,             do. 

21 

_ 

3 

63 

Glue,                ...              do. 

13,900 

_ 

4 

556  00 

Pewter  plates  and  dishes,        .             do. 

8,068 

« 

4 

322  72 

Iron,  anchors  and  sheet,          .              do. 

323,757 

_ 

n 

4,856  35 

slit  and  hoop,     .           .              do. 

390,959 

_ 

1 

3,909  59 

Nails,                ...             do. 

156,353 

- 

2 

3,135  06 

Spikes',              .             .            .              do. 

813 

- 

1 

8  13 

Quicksilver,      .            .            .             do. 

10,314 

_ 

6 

618  84 

(Tchre,  yellow,  in  oil,   .            .              do. 

1,636 

. 

l.i 

24  39 

dry.  yellow,      .             .              do. 

68,781 

. 

1 

687  81 

Spanish  brown,              .            .              do. 
White  and  red  lead,     .            .             do. 

294,454 

» 

1 

3,944  54 

1,783,873 

. 

2 

35,657  46 

Lead  and  manufactures  of  lead,           do. 

1,980,834 

- 

1 

19,808  34 

Seines,               .           .            .             do. 

179 

- 

4 

7  16 

Cordage,  tarred,          .            .              do. 

- 

8,847 

2 

- 

176  94 

untarred,      .            .             do. 

14,919 

- 

-•i 

373  97 

Steel,                .            .            .            cwt. 

7,079 

_ 

100 

7,079  00 

Henip,               .            .            .              do. 

5,933 

. 

100 

5,933  00 

Twine,               .            .            ,              do. 

1,135 

. 

400 

4,500  00 

Glauber  salts,   ...             do. 

6 

. 

300 

13  00 

Coal,                  .            .            .       bushels, 

140,928 

. 

5 

7,046  40 

Fish,  dried  or  smoked,           .       quintals. 

20,271 

- 

50 

10,135  50 

pickled,  salmon,              .        barrels. 

97 

- 

100 

97  00 

mackerel,          .              do. 

1,116 

- 

60 

669  60 

all  other,           .              do. 

933 

- 

40 

369  30 

Glass,  black  quart  bottles.       .           gross. 

3,613 

- 

60 

1,567  80 

window,  not  above  8  inch. by  10,  lOOsq.tt. 

3,476 

- 

160 

5,561  60 

* 

do.            do.      10    do.       13,         do. 

509 

- 

175 

890  75 

do.      all  above  10    do.       13,         do. 

2!»4 

- 

225 

661   50 

Cigars,               ...              M. 

15,877 

- 

200 

31,754  00 

Lime,                .            .            .          casks. 

1 

- 

50 

50 

Boots,                .            .            .            pairs. 

737 

- 

75 

545  25 

Shoes,  silk,       .            .            .              do. 

5,688 

- 

25 

1,422  00 

kid,  morocco,  &c.  for  men  &  women,  do. 

10,840 

- 

15 

1,636  00 

for  children,          do. 

3,201 

- 

10 

220   10 

Cards,  playing,            ,            .          packs. 

4,178 

~ 

25 

1,044  50 

841,977  51 

290  14 

841,687  37 

Treasury  Department,  Register's  Office,  December  1st,  1809, 


JOSEPH  NOURSE,  Registsr, 


378 


FINANCE. 


[1809. 


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STATE  OF   THE   FINANCES. 


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FINANCE. 


[1809. 


Statement  C — Continued. 
Estimate  showing  when  the  instalmetits  which  compose  the  balance  due  from  individuals  will  become  payable. 


orFICES. 

Remaining'  due 

Becoming  due 

Becoming  due 

Becoming  due 

Becoming  due 

TOTAL 

in  1809. 

in  1810. 

in  1811. 

in  1812. 

in  1813. 

BALANCE. 

Marietta, 
Zanesville, 

$5,566  83i 

$5,743  01 

$3,774  87 

$2,912  23 

$559  80 

$18,556  741 

66,019  80.i 

50,136  41 

32,299  03 

14,447  96 

5,076  18 

167,979  38^ 

Steubenville,   - 

165,567  39 

69,606  15 

37,822  00 

2.5,687  50 

8,918  70 

307,601  74 

Canton, 

- 

13,245  15| 

20,070  16 

20,070  16 

4,575  59 

57.961  06| 

Chillicothe,      - 

118,501  51 

62,280  05 

33,593  25 

15,709   18 

3,375  45 

233,459  47 

Cincinnati, 
Jert'ersonville, 

481,784  36 

233,314  12 

155,602  58 

51,607  92 

12,748  39 

938,057  37 

- 

12,034  471 

28,510  75 

28,510  75 

7,820  32 

76,876  292 

Vincennes, 

10,235  111 

37,306  36 

42,879  50 

16,217  68 

5,573    14 

112,211  794 

850,675  04| 

483,665  73] 

354,553   14 

175,163  38 

49,647  57 

1,912,703  86| 

Treasury  Department,  2d  December,  1809. 


1809.] 


STATE  OF  THE   FINANCES. 


381 


s 

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55 


Date  of  the 

latest   re- 
turns. 

1809,  Sept.  30 
do         do 
do    June  30 

c 

01 

$65,232  58 

241.963  78 

19,567  97 

CO 

CO 

to 
to' 

05 

CO 

3 

o 
c 

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c 

$40,189  64 

216,189  92 

17,103  29 

in 

X 

05 

X 

CO 

05 

en 
u 

ca 

$25,042  94 

25,773  86 

2,464  68 

X 

'^• 

X 
05 

CO 

0 

Payments  by  Receivers. 

^1 

$100  00 

78  80 

0 

X 
X 

The  part 
which  was 
for  expen- 
ses. 

CO  to  to 

rji  m  r* 

t^  X  OJ 

X  CO  05 

^\  ^  ^^ 

05'— "-T 

X 
OJ 

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$2,287  43i 
7,485  42i 
2,042  46 

05 

CO 

m 
* 

Receipts  by  Receivers, 
from  individuals. 

•saanjiajjoj 
JO  ;unoooE  uq 

$112  99 

05 

On     account 
of  purchase 
money. 

$27,3.30  37| 
30,391   85 
2,419  76 

X 

to 

Due  by  indi- 
vi<hials,  per 
last      state- 
ment. 

$12«,455  85 
12,297  00 

0 

X 
0) 

in 
«^ 

x' 

CO 

In  hands  of 
Receivers, 
per        last 
statement. 

$2,854  44i 
2,166   18 

05 

to 

05 

*■ 

in 

Lands  sold. 

en 

$67,520  01 

120,125  92 

7,226  06 

X 

CI 

o 
5 

23,959.75 

60,062.96 

3,613.03 

in 

CO 

to 

X 

OB 
H 

£ 

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Madi.son  county. 
West  o("  Pearl  river. 
East  of  J'eatI  river,  - 

■-r, 

1 

X  a. 

X    ^H 

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382 


FINANCE. 


[1809, 


Cc — Continued. 
Estimate  showing  when  the  instalments,  which  compose  the  balance  due  from  individuals,  will  become  payable- 


OFFICES. 

Remaining  due 
in  1809. 

Becoming  due 
in  1810. 

Becoming  due 
in  1811. 

Becoming  due 
in  1812. 

Becoming  due 
in  1813. 

Total  balance. 

Madison  county. 
West  of  Pearl  river, 
East  of  Pearl  river. 

$34,659   13 
1,507  75 

$42,263  20 
3,865  01 

$6,429  64 

72,294  68 

5,964  01 

$16,880  00 

36,941   43 

3,901   51 

$16,880  00 

30,031   48 

1,865  01 

$40,189  64 

216,189  92 

17,103  29 

Dolls. 

36,166  88 

46,128  21 

84,688  33 

57,722  94 

48,776  49 

273,482  85 

Trkasury  Department,  December  2rf,  1809. 


D. 

An  estimate  of  the  principal  redeemed  of  the  Debt  of  the  United  States,  from  the  1st  of  October,  1808,  to  the  30th  of 
September,  1809,  showing  the  redemption  of  the  principal  of  the  said  debt,  from  the  1st  of  ,^pril,  1801,  to  the  30th 
September,  1809. 


I.   071  account  of  the  Domestic  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the  U. 
States,  on  account  of  the  interest  of  the  domestic  debt,  of 
the  reimbursement  of  the  old  six  per  cent,  and  deferred 
stocks,  and  of  tlie  eight  per  cent,  and  exchanged  stocks, 
exclusive  of  $68,474  33  repaid  into  the  treasury,  was 

$9,252,485  82 

Deduct  interest  which  accrued  during  the  same 
period,  calculated  quarter 


yearly. 

Deduct  eiglit  per  cent,  reim- 
bursed. 

Exchanged  stock,  do. 


$2,322,031  05 

5,302,900  00 
1,151,469   11 


8,776,400  16 


Reimbursement  of  old  six  per  cent,  and  deferred  stocks. 
Reimbursement  and  purchase  of  eight  per  cent,  stock. 

Do.  do.      of  exchanged  stock. 

Do.        of  navy  6  per  cent,  stock. 

Do.        of  the  5.J  per  cent,  stock, 

Do.        of  the  45  per  cent,  stock, 
Payments  made  in  certificates  of  the  debt  of  the   United 
States,  on  account  of  lands,  -  -  .  . 

Do.  to  foreign  officers,  and  for  certain  parts  of  tlie  domestic 

debt,  -  .         -    .        - 

Do.  on  account  of  domestic  loans,       .  -  -  - 


II.  On  account  of  the  Foreign  Debt. 

Funds  having  been  previously  provided  in  Europe,  the  war- 
rants issued  on  the  Treasurer  of  the  United  States,  for  that 
object,  from  the  1st  of  October,  1808,  to  the  30th  September, 
1809,  were  less  than  the  amount  of  interest  arising;  the  dif- 
ference, therefore,  forms  a  deduction. 

The  interest  accruing,  from  1st  October,  1808,  to  the  30th 
September,  1809,  was. 
On  the  Dutcli  debt,  including  commissions  and  charges, 

$12,160  00 
Louisiana  stock,  including  commissions,  674,651  47 

Exchanged  stock,  (payable  in  Europe)  9,569  46 

Converted  stock,  do.  21,876  64 


Add  loss  on  exchange 


718,257  57 
15,063  24 


733,320  81 
The  amount  of  warrants,  exclusive  of  $144  36  re- 
paid into  the  treasury,  and  $2,178  60  commission 
to  agents  purchasing  bills  of  exchange,  was  519,319  70 


Redemption  from 
1st  Oct.  1808,  to 
30th  Sept.  1809. 


(a)  $476,085  66 
5,302,900  00 
1,151,469  11 


13,323  87 


6,943,778  64 


214,001   11 


5,729,777  53 


Redemption  from 
1st  April,  1801, 
to  30th  Septem- 
ber, 1808,  per 
the  Secretary's 
report  of  10th 
Dec.  1808. 


$10,162,141   84 

1,056,700  00 

300,007  02 

711,700  00 

1,847,500  00 

176,000  00 

268,240  70 

76,527  06 
3,440,000  00 


10,027,496  49 


28,066,313  71 


Total  principal  re- 
deemed, from  1st 
April,  1801,  to 
30th  Sept.  1809. 


$10,638,227  50 

6,359,600  00 

1.451,476  73 

711,700  00 

1,847,500  00 

176,000  00 

268,240  70 

89,850  9?, 
3,440,000  00 


9,813,495  38 


$34,796,091  24 


1809.] 


STATE   OF   THE    FINANCES. 


383 


Note  to  Statement  D. 
(a.) Estimated  amount  of  reimbursement  of  old  6  per  cent,  and  deferred  stocks,  -  -         $1,310,997  06 

Paid  as  above,      -  -  $476,085  66 

From  funds  remaining  in  the  hands  of  the  treasurer,  as  agent  ot  the  sinking  fund,  30th 
September,  1808,        -  -  -  -  -  -  -  -  -  834,911  40 


-$1,310,997  06 


Treasury  Department,  Register'' s  Office,  December  1,  1809. 


JOSEPH  NOUllSE,  Register. 


Dd. 

[This  statement  is  intended  as  a  substitute  for  the  one  marked  D, accompanying  the  last  annual  report,  in  wliich  there  was  an  error.  ] 

.^n  estimate  of  the  Principal  redeemed  of  the  debt  of  the  United  States,  from  the  \st  of  October,  1807,  to  the  301  h 
of  September,  1808;  showing  the  redemption  of  the  principal  of  the  said  debt,  from  the  1st  of  ^ipril,  1801,  to  the 
30th  September,  1808. 


I.  On  account  of  the  Domestic  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer  of  the 
United  States,  on  account  of  the  interest  of  tlie  domestic 
debt,  of  the  reimbursement  of  the  old  6  per  cent,  and  de- 
ferred stocks,  and  ot  the  purchase  of  8  per  cent,  and  ex- 
changed stocks,  from  the  1st  of  October,  1807.  to  the  30th 
September,   1808,  exclusive  of  $330  78  repaid  into  the 


Treasury,  was 
Deduct  interest  which  accrued 
during  the  same  period,  cal- 
culated quarter  yearly. 
Deduct  8  per  cent-  stock  pur- 
chased. 

Do.    exchanged  stock    do. 
Do.     and  loss  on  the  purchase 
of  stock,        -  -  - 


$4,895,437  18 


$2,747,252  49 

310,700  00 
40,002  62 


5,229  03 


3,103,184   14 


Reimbursement  of  old  6  per  cent,  and  deferred  stocks. 
Purchase  of  8  per  cent  stock,  .  .  .  - 

Do.      of  exchanged  stock,  .  .  .  . 

Reimbursement  of  the  Navy  6  per  cent,  stock. 
Do.  of  the  5i  per  cent,  stock,     - 

Do.  of  the  41  per  cent,  stock,     -  -  - 

Payments  made  in  certificates  of  the  debt  of  the  United 
States,  on  account  of  lands,  '        .    ' 

Do.    to  foreign  officers,  and  for  certain  parts  of  the  do- 
mestic debt,      -  -  - 
Do.    on  account  of  domestic  loans,         .  .  . 

II.  On  account  of  the  Foreign  Debt. 

The  amount  of  wrrrants  issued  on  the  Treasurer,  exclusive 
of  $2,366  70  repaid  into  the  treasury,  and  $265  80  com- 
missions to  agents  purchasing  bills  ot  exchange,  was 

$790,145  23 

Add  this  sum,  being  a  balance  unapplied,  of  a 
remittance  to  the  bankers  in  Amsterdam,  for 
tlie  purchase  of  books  for  Congress,  and  which 
is,  by  warrant,  transferred  to  the  account  of 
foreign  debt,    ----- 


Deduct  interest  accruing  thereon,  viz: 
On  the  Dutch  debt,  including  commis- 
sions and  charges,         -  -  24,280  00 
Louisiana  6  percent  stock,  in- 
cluding commissions,      -        676,121  28 
Exchanged  6  per  cent,  (paya- 
ble in  Europe,)    -           -  7,592  07 
Converted  6  per  cent        do.      15,757  84 


488  60 
790,633  83 


Add  loss  on  exchange. 


723,751    19 
26,680  84 


750,432  03 


Redemption  from 
1st  October,  1807, 
to  30th  Septem- 
ber, 1808. 


1,792,253  04 

310,700  00 

40,002  62 


1,011  34 

49  20 


40,201  80 


Redemption  from 
1st  April,  1801,  to 
30th  Sept.  1807, 
per  the  Secreta- 
ry's report  of  the 
5th  Nov.    1807. 


$2,184,218  00 


8,369,888  80 
746,000  00 
260,005  00 
711,700  00 

1.847,500  00 
176,000  00 

267,229  36 

76,477  86 
3,440,000  00 


9,987,294  69 


$25,882,095  71 


Total  principal  re- 
deemed,  from  let 
April,  1801,  to  30th 
September,  1808. 


10,162,141   84 

1,056,700  00 

300.007  62 

711,700  00 

1,847.500  00 

176.000  00 

268,240  70 

76,527  06 
.3,440,000  00 


10,027,496  49 


$28,066,313  71 


Treasuht  Department,  Register's  Office,  December  1st,  1809. 


JOSEPH  NOURSE,  Regislfr. 


334 


FINANCE. 


[1809. 


.<* 


E. 


A  Statement  of  Receipts  and  Payments  at  the  Treasury  of  the  United  States,  from  the  1st  of  October,  1808,  to 

the  30th  September,  1809. 


Cash  in  the  treasury  subject  to  warrant,  October  1,  1809, 
Received  for  the  proceeds  of  the  customs. 
Internal  revenues,  .  -  -  .  . 

Direct  tax,    ------- 

Sales  of  public  lands,  ...... 

Cents  and  half  cents  coined  at  the  mint. 

Fees  on  patents,       ------ 

Stamp  duties  and  penalties,  -  -  -  - 

Fines,  penalties,  and  forfeitures,    "  "  .'  ■ 

Seamens'  wages  paid  to  consuls  in  foreign  countries. 
Support  of  marine  hospital,  (from  Navy  Department) 
Debts  prior  to  the  present  constitution. 
Repayments,  --..-. 


$4,262  62 

$8,662,725  34 

$13,846,717  62 

8,458  95 

12,721  57 
463,395  23 

• 

_ 

- 

7,376  53 

- 

6,090  00 

- 

20  35 

- 

120  00 

'■..•'■ 

- 

448  66 

- 

35,513  96 

~ 

- 

152  80 

- 

125,188  72 

9,315,753  16 

$23,162,470  68 

"■'■  ,  Payments  on  the  following  accounts: 

Civil  expenses,  both  foreign  and  domestic,  viz: 
Civil  list  proper,        -  -  -  -  - 

Light  house  establishment, 

Marine  hospital,         -  .  -  -  - 

Invalid  pensions,        -  -  - 

Public  buildings  in  Washington,  and  furniture. 
Surveys  of  public  lands,       -  - 

Ascertaining  land  titles  in  Louisiana, 

Mint  establishment,  -  -  - 

Grants  of  Congress  and  miscellaneous  claims, 

Intercourse  with  foreign  nations,      - 

American  claims  assumed  by  the  Louisiana  convention, 


Military  expenses,  4'C. 
Pay,  subsistence,  clothing,  &c.  of  the  army. 
Fortification  of  ports  and  harbors,    - 
Ordnance,  arms,  armories,  arsenals,  saltpetre, 

Indian  department,  -  -  - 

Navy  repairs  and  contingencies. 
Ordnance  and  arms,  -  .  . 

Navy  Yards,  -  -  .  . 

Marine  corps,  -  -  -  - 

Pay,  provisions,  and  other  expenses. 


Interest  and  cliarges. 
Principal  discharged. 


Public  debt. 


Balance  in  the  treasury  subject  to  warrant,  September  30, 1809, 


$25,553  32 
16,127  71 


194,868  44 
70,230  10 


1,841,761  07 
755,000  00 
769,642  05 


$756,307  91 

92,070 

20 

70,881 

62 

91,794 

13 

71,100 

00 

41,681 

03 

25,634 

00 

25,065 

80 

265,098 

54 

1    ■    ■ 
3,366,403 

12 

292,303 

84 

595,000 

00 

105,000 

00 

65,000 

00 

185,954 

70 

1,428,313 

10 

3,126,149 

15 

6,729,777 

53 

Dollars, 

1,439,633  23 


3,658,706  96 


2,379,267  80 


9,855,926  68 
5,828,936  01 

23,162,470  68 


F. 


Statement  of  the  Expenditures  on  account  of  the  Military  {including  the  Indian)  ami  of  the  Naval  Departments 

from  1802  to  1807,  inclusive.  ' 


■ 

1802. 

1803. 

1804. 

1805. 

1806. 

1807. 

Total. 

Military  (including  In- 
dian department,)     - 
Naval  department. 

1,281,117  01 
921,561  87 

883,841  28 
1,215,230  53 

991,960  25 
1,189,832  75 

909,281  28 
1,597,500  00 

1,458,555  38 
1,649,641  44 

1,494,110  91 
1,722,064  47 

$7,018,866  11 
8,295,831  06 

Dollars, 

2,202,678  88 

2,099,071  81 

2,181,793  00 

2,506  781  28 

3,108,196  82 

3,216,175  38 

15,314,697  17 

.'Vi'A      •■t-'f    M:/     !i'!^l-'.  I 


1809.]  ASSAYS   OF   FOREIGN  COINS.  335 


nth  Congress.]  Nq.  306.  [2d  Session. 

ASSAYS  OF  FOREIGN  COINS. 

COMMUNICATED   TO   THE    SENATE,    DECEMBER    12,    1809. 

The  Secretary  otthe  Treasury,  in  obedience  to  the  directions  of  the  act,  entitled  "  An  act  regulating  the  currency 

of  t'oreign  coins  in  the  United  States,"  respectfully  reports: 

That  assays  of  the  foreign  gold  and  silver  coins,  made  current  by  the  act  aforesaid,  have  been  made,  in  the  course 
of  the  present  year,  at  the  mint  of  the  United  States;  the  result  whereof  is  shown  in  the  aimexed  letter  of  the 
Director  of  the  Mint,  dated  June  29(11,  1809,  wliich  is  prayed  to  be  received  as  part  of  this  report. 
All  which  is  respectfully  submitted- 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
Treasury  Department,  December  8th,  1809. 


Mint  of  the  United  States,  June  20th,  1809. 
Sir: 

1  have  the  honor  to  acknowledge  the  receipt  of  your  letter  of  31st  ultimo,  and  have,  according  to  your  desire, 
caused  assays  to  be  made  of  the  several  species  of  foreign  coin,  made  current  in  the  United  States  by  act  of  Con- 
gress; having  particular  respect  to  coins  of  the  latest  date  and  importation,  so  far  as  these  could  be  procured  and 
discriminated. 

The  result  of  these  assays,  according  to  the  assayer's  report,  is  as  follows: 

T.   Gold  coins  of  Great  Britain. 

No.  1,  made  from  10  pieces  of  promiscuous  dates  prior  to     1806,  -  -  .  . 

2,  "        "       5    do.       dated  -  -  -     1806,  -  .  .  _ 

3,  "       "       4    do.       dated  -  -  -     1808,  .... 

II.  Gold  coins  of  France. 
No.  1,  made  from  10  pieces  of  promiscuous  dates  prior  to     1806,  -  -  .  . 

2,  "       "       2    do.      dated  -  -  -     1806,  .... 

3,  "       "       2    do.      dated  -  -  -     1807,  .... 

4,  "       •'       5    do.      dated  -  -  -     1808,  .... 

III.  Gold  coins  of  Spain. 

No.  1,  made  from  10  pieces  of  promiscuous  dates  prior  to  1800,  .... 

2,  "       "       5    do.       dated  -  -  -  1806,  .... 

3,  '*       "       5    do.      dated  -  -  -  1807, 

4,  "       "       5    do.      dated  -  -  -  1808,  .... 

IV.  Gold  coins  of  Portugal. 

No.  1,  made  from  10  half  joes  of  promiscuos  dates  prior  to  1806,  .... 

2,  •'       "       5     do.       dated  -            -            -  1806,  .... 

3,  "'       •'       2  moidores,  old  dates,  -  .            -        .  .... 

4,  "       *'       2     do.      dated  -            -            -  180.5,  .... 

V.  Silver  coins  of  France. 
Made  from  10  crowns  of  dates  prior  to      ...     1806,  .... 

VI.  Silver  coins  of  Spain. 
No.  1,  made  from  10  dollars  of  promiscuous  dates  prior  to     1806,  -  .  .  . 

2,  "       "       5    do.       dated  -  -  -     1806,  .... 

3,  "       "      5    do.       dated  -  -  -     1807,  .... 

4,  "       "      5    do.       dated  -  -  -     1808,  .... 

5,  '•       "      5    do.  (Ferd.  VII.)  dated      -  -     1809,  ..... 

6,  "       "      9  parts  of  dollars  of  several  denominations  and  dates, 
From  the  foregoing  report  it  appears — 

1.  That  the  gold  coins  of  Great  Britain,  and  the  half  joes  of  Portugal,  being  of  the  same  quality  with  those  of  the 
United  States,  viz:  22  carats  fine,  or  y'^  part  alloy,  are,  by  act  of  Congress,  rated  at  their  true  intrinsic  value  of 
37  grs.  to  100  cents. 

2.  That  the  moidores  appear  to  be  of  somewhat  inferior  quality,  and,  according  to  the  average  of  the  foregoin°^ 
assays,  would  require  about  yV  "fa  grain  more  to  the  100  cents  than  the  legal  weight. 

3.  That  the  gold  coins  of  France,  averaging  21  c.  2|  grs.,  would  require  about  j\~  of  a  grain  to  the  100  cents 
more  than  the  legal  weight  of  27f  grs. 

4.  That  the  gokl  coins  of  Spaui,  averaging  20  c.  3^  grs.,  would  require  about  \j\%  grs.  to  the  100  cents  more 
than  the  legal  weight  of  27?  grs. 

It  may,  however,  be  observed,  that  the  Spanish  gold  coins  of  1806,  both  by  the  assay  of  the  present  year,  and  by 
that  made  in  1807,  appear  to  be  considerably  inferior  in  quality  to  those  either  of  former  or  subsequent  dates,  and, 
therefore,  taking  the  average  from  the  other  dates,  28j-Vo  grs.  would  be  equal  in  value  to  100  cents;  that  is,  Ixll 
more  than  the  law  requires. 

5.  That  the  silver  French  crown,  quality  10  oz.  18  dwt.,  and  weighing  18  dwt.  17  gr.s.,  compared  with  the 
standard  and  weight  of  the  silver  coins  of  the  United  States,  would  be  equal  in  value  to  109/^"^  cents,  nearly,  or  -^ 
of  a  cent  less  than  the  value  established  by  law. 

6.  That  the  Spanish  silver  dollar,  the  average  quality  of  which  is  10  oz.  15  dwt.  8  grs.  if  of  the  full  weiglit  of 
17  dwt.  7  grs.  would  be  equal  in  value  to  100^%  cents  nearly,  or  j%  of  a  cent  more  than  the  value  established  by  law. 

It  may,  however,  sir,  be  remarked,  that  very  little  foreign  coin,  except  Spanish  dollars  and  parts,  is  now  circu- 
lating in  the  United  States;  and,  therefore,  any  further  regulations  of  our  Government  on  that  subject,  would,  I 
presume,  be  now  unnecessary. 

I  have  the  honor  to  be,  with  sentiments  of  the  greatest  respect  and  esteem,  your  obedient  fathful  servant, 

R.  PATTERSON. 

Honorable  Albert  Gallatin,  Secretary  of  the  Treasury. 


c. 

.^.., 

22 

0 

22 

0 

22 

0 

21 

24 

21 

2i 

21 

n 

21 

2i 

20 

H 

20 

21 

20 

3i 

20 

3^ 

22 

0 

22 

0 

21 

34 

21 

31 

Oz. 

dwt. 

grs. 

10 

18 

0 

10 

15 

6 

10 

15 

0 

10 

15 

12 

10 

15 

12 

10 

15 

6 

10 

15 

12 

386 


FINANCE. 


[1809. 


11th  Congress.] 


No.  307. 


[2d  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  13,  1809. 

Sir:  Treasury  Department,  December  12,  1809. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1806,  1807,  and  1808. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


JI  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1806,  1807,  and  1808,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


SIS£. 

Iir  THE  TEAR  1806. 

IN  THE  TEAR    1807. 

IS   THE  TEAR  1808. 

SPECIES  OF  MEKCBAS 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  Mercliandise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Pavin^adutyof  12i  per 

cent,  adval. 

- 

168 

Do               15 

do 

6,493,372 

1,160,844 

6,709,598 

1,256,450 

2,620,742 

71,387 

Do               15i 

do 

17,858 

3,254 

37 

1,969 

3,579 

Do               16i 

do 

189,333 

96,335 

98,790 

54,138 

138,789 

580 

Do               17i 

do 

1,636,240 

201,526 

1,861,965 

223,270 

411,172 

6,442 

Do               19i 

do 

58,721 

15,194 

44,330 

10,690 

58,782 

1,225 

Do               22i 

do 

129,797 

10,038 

127,468 

12,892 

13,610 

258 

Do              24:f 

do 

11,480 

1,482 

5,679 

865 

1,650 

Wines,  Madeira, 

- 

226,271 

44,382 

178,466 

34,530 

61,275 

7,029 

Burgundy  and  Champaigne,  - 

3,701 

794 

5,873 

904 

453 

114 

Slierry  and  St.  Lucar, 

135,588 

9,946 

143,447 

17,568 

106,492 

150 

Claret, 

- 

51,345 

38,062 

70,651 

37,359 

9,022 

1,168 

Lisbon,  Oporto,  &c.  - 

145,993 

3,212 

173,918 

6,921 

24,478 

153 

Teneriffe,  Fayal,  &c. 

93,089 

70,210 

154,331 

36,020 

79,560 

3,848 

All  other,      - 

- 

644,712 

574,390 

980,818 

705,390 

179,747 

41,896 

Spirits,  distilled  from  grain 

»    ~            ~ 

387,429 

28,632 

344,181 

50,936 

61,024 

2,078 

Do    from  otiier  materials,         -  | 

3,056,364 

312,942 

2,792,001 

401,357 

1,306,455 

lOjOlj 

Do    from  domestic 

produce,  - 

- 

- 

13 

Molasses, 

- 

430,305 

1,422 

415,358 

1,225 

325,899 

Beer,  Ale,  and  Porter, 

- 

17,615 

2,938 

17,747 

2,517 

1,356 

Tea,  Bohea,                - 

- 

49,261 

757 

190,613 

1,499 

77,065 

Souchong, 

- 

508,687 

222,424 

396,820 

135,689 

288,622 

1,017 

Hyson,  &c. 

- 

293,907 

84,412 

429,109 

119,834 

257,978 

889 

Other  Green,     - 

- 

549,999 

109,208 

610,099 

145,651 

352,222 

726 

Coffee, 

- 

3,265,o35 

2,259,761 

2,865,818 

2,150,843 

1,606,385 

26,661 

Cocoa,           -             - 

- 

158,521 

122,653 

185,191 

157,033 

21,196 

Chocolate,     - 

-            - 

98 

32 

109 

21 

32 

Sugar,  Brown, 

- 

4,204,548 

2,304,061 

4,221,561 

2,691,284 

1,686,962 

35,647 

White  CUyed, 

- 

1,022,579 

923,717 

1,406,390 

1,065,804 

602, 105 

7,707 

Loaf  and  Candy, 

-             - 

598 

124 

3,506 

4 

34r 

Other  refined. 

- 

63 

- 

12,108 

- 

2,456 

Almonds,       -             - 

- 

7,902 

2,120 

15,271 

3,907 

4,602 

809 

Currants, 

- 

7,591 

133 

8,394 

1,897 

691 

113 

Prunes  and  Plums,     - 

- 

2,277 

904 

1,948 

472 

600 

13 

Figs, 

_ 

8,476 

274 

2,631 

791 

1,600 

Raisins,  in  jars  and  boxes. 

- 

17,139 

1,575 

10,227 

2,771 

11,986 

83 

Do     all  other,        - 

- 

37,021 

763 

23,983 

4,197 

14,184 

145 

Candles,  Tallow, 

- 

8,349 

4,577 

9,391 

6,136 

1,025 

181 

Wax, 

-             - 

400 

20 

415 

84 

197 

Cheese, 

- 

55,031 

35,293 

55,544 

43,435 

5,065 

720 

Soap, 

- 

52,765 

34,630 

34,164 

30,288 

7,001 

630 

Tallow, 

- 

33,836 

5,938 

24,513 

1,816 

4,344 

Spices,  Mace, 

- 

16,486 

19,056 

5,889 

4,141 

1,393 

Nutmegs,      - 

- 

9,281 

8,695 

2,873 

4,073 

4,849 

Cinnamon,     - 

- 

1,766 

3,468 

1.797 

1,492 

1 

110 

Cloves,          - 

- 

6,169 

10,558 

9,411 

10,916 

5,942 

Pepper,         - 

- 

298,692 

173,170 

249,520 

209,806 

266,279 

21,144 

Pimento, 

- 

23,317 

3,486 

45,271 

28,473 

11,768 

Chinese  Cassia, 

- 

11,727 

4,197 

7,261 

4,589 

9,568 

Tobacco,       - 

-             - 

831 

416 

330 

365 

125 

Snuff, 

- 

2,981 

1,087 

6,797 

5,017 

1,181 

Indigo, 

- 

189,263 

116,509 

232,141 

185,186 

235,999 

497 

Cotton,          - 

- 

71,553 

44,697 

110,465 

107,388 

101,647 

279 

Powder,  Hair, 

- 

457 

228 

294 

19 

112 

Gun, 

- 

11,240 

2,922 

9,685 

1,520 

4,653 

Starch, 

- 

443 

5 

576 

- 

1 

Glue,              -            - 

- 

4,281 

35 

2,812 

5 

556 

Pewter  Plates  and  Dishe 

3,     - 

3,128 

- 

2,106 

- 

324 

Anchors  and  Slieet  Iron, 

8,766 

- 

13,046 

275 

4,906 

Hoop  and  Slit  Iron, 

- 

3,359 

597 

10,641 

2.153 

3,978 

Nails, 

- 

84,636 

22,552 

85,123 

22,600 

4,658 

1,474 

1809.] 


DIRECT   TAX 


387 


STATEMENT- 

Continued. 

IN   THE  TEAK    1806. 

IN  THE  TLJlR   1807. 

IN  THE  TEAR   1803. 

8PE«1ES  OF  HERCUAI7DISS. 

Duties 

Drawback 

Duties 

Drawback. 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Spikes,          _             _             _             _ 

4,109 

24 

2,860 

9 

8 

Quicksilver,  -             -             -             - 

6,424 

3,211 

1,409 

2,349 

619 

Paint,  Ochre,  Yellow,  in  Oil,  - 

390 

56 

390 

38 

24 

Dry  Yellow,    -             -             _ 

1,264 

63 

2,176 

148 

702 

Spanish  Brown, 

6,198 

- 

7,650 

86 

2,945 

White  and  Red  Lead, 

53,853 

709 

50,617 

384 

35,660 

Lead,  and  manufactures  of,    - 

38,276 

2,499 

23,305 

3,112 

20,241 

401 

Seines,            _             -             _             _ 

446 

18 

361 

_ 

7 

Cordage,  Tarred,       _              _             _ 

11,341 

6,404 

19,941 

8,707 

46 

215 

Do.       Untarred,    -             -             - 

1,188 

- 

1,846 

386 

Cables,          _             _             _             _ 

889 

242 

1,676 

229 

Steel,            _             _            _             _ 

13,468 

1,171 

13,231 

2,427 

7,264 

Hemp,           _             -             -            _ 

117,014 

- 

132,389 

10 

5,932 

Untarred  Yarn,           -             -             _ 

_ 

- 

5 

Twine  and  Pack-thread, 

14,729 

1,240 

14,387 

751 

4,499 

Glauber  Salts,            _             _             _ 

207 

- 

287 

_ 

11 

Salt,               _            _             _             . 

862,694 

16,376 

731,508 

19,689 

6,017 

113 

Coal,              -            -             _             . 

15,857 

90 

28,874 

153 

7,164 

Fish,  Dried,  -            -             -             - 

120,638 

- 

88,043 

_ 

10,944 

Pickled,  Salmon,             - 

7,537 

- 

7,869 

_ 

100 

Mackerel,           _            _             _ 

9,739 

- 

7,500 

_ 

737 

All  other,           _            _             _ 

7,108 

- 

5,470 

_ 

373 

Glass,  Black  Quart  Bottles,  - 

15,433 

2,873 

12,214 

2,807 

1,649 

75 

Window,          _             _             _ 

54,009 

1,191 

42,734 

405 

7,234 

109 

Cigars,           _            _             _             _ 

50,661 

4,101 

59,812 

4,581 

32,454 

Lime,             -            -            -            - 

170 

- 

66 

_ 

1 

Boots,            _            _             _             _ 

3,212 

328 

2,096 

91 

547 

Shoes  and  Slippers  of  Silk,                   - 

4,371 

2,544 

18,434 

9,123 

1,446 

Do.   all  other,         _            _             _ 

11,484 

3,910 

2,205 

1,132 

1,872 

Cards,  Wool  and  Cotton, 

2 

Do.  Playing,           _            _             _ 

2,985 

- 

1,964 

485 

1,045 

Dollars, 

26,197,658 

9,146,875 

26,709,833 

10,067,191 

11,158,617 

249,395 

Tbeasdbt  Department,  Register's  Office,  December  11,    1809. 


JOSEPH  NOURSE,  Register. 


11th  Congress.] 


No.  308. 


[2d  Session. 


Sir: 


DIRECT   TAX. 

communicated   to   the    senate,    DECEMBER    28,    1809. 

Treasury  Department,  December  27,  1809. 


I  have  the  honor,  in  obedience  to  tlie  resolution  of  the  Senate  of  the  18th  instant,  to  transmit  a  statement  of 
the  payments  which  liave  been  made,  by  the  respective  States,  of  the  direct  tax;  together  with  explanatory  notes, 
showing  wiiat  sums  remain  unaccounted  for,  and  whether  in  the  hands  of  the  supervisors  or  collectors,  or  still  un- 
collected. 

I  have  the  honor  to  be,  with  the  highest  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  President  qf  the  Senate. 


388 


FINANCE. 


[1809. 


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1809.]  DIRECT   TAX.  3gg 


NOTES. 

fa.)  Massachusetts.  $8,431  35.— This  is  tlie  amount  of  tax  assesseil  on  ten  districts  in  Maine,  for  whicli  Mr. 
Jackson,  the  former  supervisor,  could  procure  no  peisous  to  act  as  collectors.  It  was  transferred  in  1806,  and 
placed  under  the  superintendence  of  .Toshua  Wingate,  jun.  collector  of  the  customs  at  Hath,  who  has  been  unable 
to  this  time  to  obtain  collectors  for  six  of  the  ten  districts.  In  the  other  four  districts,  collections  have  been  made, 
but  it  is  not  known  at  the  treasury  whether  they  have  been  completed,  die  accounts  in  proper  form  not  having  been 
received.     On  the  30th  June,  1809,  there  was  in  Mr.  \Vin£;ate"s  hands,  on  this  account,  $2, lot  17. 

(b.)  Rhode  Island.  $3,789  16.— Of  this  sum,  John  S.  Dexter,  late  supervisor,  owes  $3S  90,  arising  from  charges 
disallowed  in  the  settlement  of  his  accounts.  After  tlu'  olhce  of  supervisor  was  discontinued  in  Rhode  Island,  the 
business  was  transfened  to  William  Peck,  marshal  of  (lie  distiict,  who  has  lendered  no  accounts  in  relation  to  this 
business  since  the  30th  .September,  1806,  at  which  time  ti>e  balance  of  $3,750  :26,  for  which  he  was  accountable,  con- 
sisted of  the  following  particulars: 

Amount  uncollected.     First  district.  John  A.  Collins,  collector,      -  -  .        $905  81 

Do.  Second  do.  John  Allen,  do.  -  -  -  59  22 

Do.  Fourth  do.  Nicholas  E.  Durfee,  do. 

Do.  Eighteenth         do.   F^eleg  Rhoades,  do. 

Do.  Twentieth  do.  Daniel  S.  Dexter,      do. 

Do.  Twenty-diird     do.  James  Pain,  do. 

Do.  'J'wenty-fourth  do.  Duty  Smith,  do. 

Do.  Twenty-eighth  do.  Meet  Rrown,  do. 

Do.  Twenty-ninth    do.  Block  Island,  no  collector,    - 


421 

71 

58 

98 

827 

62 

173 

64 

36 

18 

212 

37 

275 

57 

2,994 

10 

132 

90 

623 

26 

$3,750 

26 

Cash  in  hands  of  collectors,  (sundry  small  sums)  .... 

Cash  in  hands  of  supervisor,  ....... 

No  particular  information  was  given  respecting  the  uncollected  balances,  except  in  the  20th  and  29th  districts. 
D.  S.  Dexter,  collector  of  the  20th  distiict,  had  been  discharged  irom  prison  by  act  of  Congress,  and  Mr.  Peck 
stated  that  he  could  get  nobody  to  undertake  the  collection  of  this  balance.  For  the  29(h  distiict,  (Block  Island) 
no  collector  had  been  or  probably  ever  would  be  obtained.  Since  the  30di  September,  180(),  Mr.  Peck  has  been 
repeatedly  urged  to  render  his  accounts,  but  without  cft'ect.  There  is  reason  to  believe,  that  he  has  since  received 
a  considerable  portion  of  the  sum  then  reported  as  uncollected. 

(c. )  Vermont.  $8,198  34. — Of  this  sum,  there  is  due  from  Nathaniel  Brush,  late  supervisor,  $4,862  62,  for  the 
recovery  of  which,  suit  has  been  ordered.  John  Willard,  marshal  of  the  district,  to  whom  the  business  was  trans- 
ferred on  the  suppression  of  the  ofiice  of  supervi-or,  has  rendered  his  accounts  to  the  31st  December,  1808.  These 
accounts  have  not  yet  been  adjusted,  but  they  acknowledge  a  balance  of  cash  in  Mr.  \\'illar(rs  hands,  of  $2,393  11, 
and  in  the  hands  of  two  collectors,  (William  Mattocks  "^$07  97.  and  Ephraiin  Huilbut  $150  10)  $218  07,  both  of 
whom  have  claims  foi-  the  amount.  The  residue  ot  the  balance  due  from  the  district,  while  under  Mr.  Willard's  su- 
perintendence, is  charged  for  losses,  and  expenses  of  collection.  It  is  proper  to  state  that  Mr.  ^Villard  claims  a 
balance  due  to  him  on  his  internal  revenue  account,  very  nearly  equal  to  the  amount  remaining  in  his  hands  on  the 
direct  tax  account,  as  here  stated. 

(</. )  New  York.  $1,293  07. — This  sum,  together  with  an  addition  of  $452  75,  recovered  for  interest,  has  been 
accounted  tor  by  Mr.  Osgood,  as  follows: 

Sum  due  by  Gilbert  Drake,  a  collector  of  direct  tax,  discharged  from  prison  by  act  of  Congress,  of 

3il  March,  1807,  ...----.  $414  82 

Bank  notes  lost  in  the  mail  by  collector  Chappel,  -  -  -  -  -  215  00 

Sundry  small  sums  due  from  collectors  of  thirty-two  districts,  who  claim  credits  for  property  as- 
sessed, and  not  found,  insolvencies,  removals  of  slaves,  and  taxables,  amount  paid  for  printer's 
bills,  and  sundry  other  charges,  not  regularly  admitted  at  the  treasury,  for  the  want  of  legal 
proof,        -  -  -  -  -  -  -  -  -  -  1,116  00 


$1,745  82 


(e.)  Neiv  Jersey.  $854  04. — Of  this  sum,  James  Linn,  late  supervisor,  owes  $817  22.  He  has  been  specially 
requested  to  pay  this  balance,  but  has  not  done  it.  The  remainder,  $36  82,  is  due  from  Oliver  Barnet,  late  marshal 
and  acting  supervisor. 

(/.)  Pen'isylvaniu.  $9,385  23.. — Of  this  sum,  $2,292  23.  is  due  from  Henry  Miller,  late  supervisor,  for  which 
judgment  has  been  obtained.  Peter  Muhlenburg,  late  collector,  owes  $32  35.  There  is  a  question  respecting 
commissions,  which  may  alter  this  last  sum.  The  residue  of  the  sum  due  from  this  district,  is  due  by  Tench 
Coxe,  the  acting  supervisor,  and  the  officers  under  his  direction.  He  has  rendered  his  accounts  to  the  31st  Decem- 
ber, 1808,  which  have  not  yet  been  examined  ami  adjusted  at  the  treasury.  At  that  time,  the  sums  due  from  the 
several  officers,  as  stated  by  Mr.  Coxe,  were  as  follows: 

Benjamin  Mifflin,  collector,  -  -  -  -      241  23 

James  McKean,  do.  -  -  -  -      265  82 

Cadwallader  Griffith,     -  -  -  -  -      355  74  Execution  issued. 

Daniel  St.  Clair,  .  .  .  .  -     478  28   do.    property  sold,"  money  not  yet  paid. 

Matthew  Wilson,  -  -  -  -  -      629  35  Judgment. 

George  Buchler,  ....  -  2,580  21  Execution  issued. 

Samliel  Postlethwaite,  --..--      134  43 

J.  Cadwallader,  -  -  -  -  -        33  64 

James  Brice,  -  -  -  -  -      146  33  In  suit. 

George  Wilson,  -  -  -  -  -      802  65  Execution  issued. 

Eight  collectors,  (small  sums)      -  -  -  -        40  10 

5,707  78 
Tench  Coxe,  acting  supervisor,    -  -  .  -  1,657  21 

7,364  99 
And  there  was  due  to  sundry  collectors,  for  over  payments,     -      351  51 

$7,013  48 


There  has  since  been  paid  into  the  treasury  $1,330,  on  this  account. 


50  tt 


oon  '  FINANCE.  C1809. 


(g.)  Maryland.     84,149  22.— Daiiiel  Delo/ier,  surveyor  of  the  port  of  Baltimore,  to  whom  the  business  was 

transferred  on  tlie  abolition  of  the  supervisorsliip,  has  rendered  his  accounts  to  the  31st  December,  1808.  At  that 
time,  the  bahmces  due  from  the  collectors,  as  stated  in  his  accounts,  were  as  follows,  viz: 

Joseph  Ford,  collector,            .                .                -                -  $264  34 

Benj.  H.  Mackall,                   -               -               -               -  56  57  Since  paid.            ,      .  ,                   ,    , 

Thomas  Harwood,                   -      \       -x             -               -  217  46  Money  in  the  hanus  ot  deputy  marshal. 

William  Alexander,                -       '       -■             -               -  3  49 

Isaac  Dixiin,             .-..--  542  55  Since  paid. 

John  Ritchie,            -               -               -               -               -  99  32                             .      •  ,             ,    , 

James  Arthur,          -----  262  36  Warrant  in  hands  ot  the  marshal. 

John  Bennett,           -----  2  55 

Evans  Willing,        -----  935  98  Property  sold;  money  not  yet  paid. 

John  Green,             -----  25  16 

Daniel  Delozier,  acting  supervisor. 


2,409 
226 

78 
87 

2,636 

29 

65 

84 

2,606 

81 

Balances  due  three  collectors. 

Due  from  officers,  .  .  - 

The  remainder  of  the  sum  of  $4,149  22  has  been  allowed  for  losses  by  insolvencies,  removal  of  slaves,  errors  in 
assessments,  property  not  found,  and  expenses  of  collection. 

(A.)   Virginicu     S445  60. — On  the  abolition  of  Supervisor's  office,  the  business  was  tr.msierred  to  Joseph  Scott. 
Marshal  of  Virginia,  who  has  rendered  accounts  to  the  31st  December,  1808.     Between  that  time  and  tlie  30th  Sep- 
tember, 1809,  payments  v-ere  made  into  the  treasury,  which  reduced   the  nominal  balance  to  $445  60.      It  is  not 
known  whether  this  sum  is  in  the  hands  of  Mr.  Scott,  or  of  Alexander  Hawthorn,  a  collector. 

(i.)  North  Carolina.  $7,138  36.— The  account  of  William  Polk,  late  supervisor,  to  the  31st  December,  1808,  and, 
since  that  time,  those  of  Beverly  Daniel,  marshal  of  the  district,  to  whom  the  business  has  been  transferred,  to  the 
30th  September,  1809,  are  at  the  treasury,  but  have  not  been  examined  and  adjusted.     The  balance,  as  stated  by  the 
acting  supervisor,  on  the  30th  September,  1809,  consisted  of 

Cash  in  his  own  hands,  .......  $8,715  00 

Due  from  John  Armstrong,  Collector.  .  .  ....  1,39485 

Lewis  Hunter,  ditto.  .  .  ...  1,884  04 

$5,993  90 


The  difterence  between  this  sum,  and  the  balance  stated  as  due  from  the  district,  being  $1,444  46,  together  with 
a  further  sum  of  $1,394  86  for  tax  on  property  heretofore  omitted  in  the  abstracts,  has  been  charged   for  losses  by 
removal  of  slave*,  property  not  found,  insolvencies,  commissions  to  collectors,  and  other  charges  ot  collection,  since 
the  year  1806,  which  is  tb.e  latest  period  to  which  the  accounts  have  been  regularly  adjusted  at  the  treasury. 

{k.)  South  Carolina.    $33,504  55. — Daniel  Stevens,  die  supervisor,  has  rendered  his  accounts  to  the  31st  De- 
cember, 1808,  at  which  time  there  remained  of  the  tax  uncollected,      -  -  -  -         $15,152  66 

Cash  in  the  hands  of  collectors.  -------  10,26529 

Cash  in  his  own  hands,        --------  3,932  67 


$29,350  62 


Between  that  time  and  the  30th  September,  1809,  there  was  paid  into  the  treasury,  $2,589  78,  and  there  was,  on 
the  30th  September,  1809.  in  the  supervisor's  hands,  $5,493  53.    Sundry  expenses  of  collection,  principally  charged 
by  the  supervisor  subsequent  to  the  settlement  of  his  accounts  at  the  treasury,  and,  therefore,  not  yet  adinitteclto 
liis  credit,  amounting  to  $6,743  71,  form  a  deduction  from  the  balance  of  $33,504  55,  above   stated,  so  that  only 
iibout  $26,760  may  be  considered  as  due  on  the  30th  September,  1809.    The  sales  of  the  property  of  defaulters  has 
been  made  some  time  since,  and  this  balance  ought  speedily  to  be  collected. 

(/.)  Georgia.     $27,594  88. — John  Mathews,  supervisorof  Georgia,  died  in  1805,  v\ithout  having  ever  rendered  an 
abstract  of  the  tax  as  assessed  on  the  several  districts,  or  any  other  regular  accounts.     In  June,  1806,  the  business 
was  transferred  to  James  Alger,  commissioner  of  loans,  who  died  in  1 803,   without  having  rendered  any  accounts 
whatever.    No  regular  adjustments,  consequently,  have  been  made  at  the  treasury,  and  the  precise  quota  of  the 
State,  therefoi'e,  is  placed  in  the  column  for  the  amount  of  the  assessment.     In  the  present  year,  a  person  lias  been 
sent  from  the  treasury,  to  take  and  state  these  accounts,  at  Savannah;  and  the  work  has  been  accomplished  as  far  as 
the  materials  that  could  be  found  would  att()rd.    From  this  statement,  it  appears  that  the  amount  of  tlie  assessment 
was  $38,808  94,  varying  a  few  dollars  only  from  the  quota  of  the  State.    That  there  was,  on  the  30th  June,  1809, 
cash  in  the  hands  ot  collectors,  amounting  to  $6,977  93,  and  a  further  balance  in  their  hands,  consisting  either  of 
cash  or  uncollected  taxes,  (but  of  which  could  not  be  ascertained)  of  $18,526  27.     There  was  also  due  irora  Mr. 
Alger,  $1,201   12,  and   to  Mr.  Mathews,  the  former  supervisor,  $283  33,  making  the  whole  balance  due  from  the 
State.  $26,421  29.     Some  of  the  collectors  claim  credits  for  payments  to  Mr.  Mathews,  whicii  he  has  not  acknow- 
ledged to  have  received;  and  there  are  other  ditficuitles  in  t'.ie  way  of  final  settlement,  but  which,  it  is  hoped,  may 
be  obviated,  and  such  a  settlement  effected. 

();i. )  Kcnturky.    $18,459  51. — The  accounts  of  James  Morrison,  supervisor,  to  the  30th  June,  1809,  have  been 
received  at  the  treasury.    From  his  having  applied  some  of  his  payments  to  his  internal  revenue  accounts,  which, 
at  the  treasury,  have  been  consideretl  as  made  tor  direct  tax,  his  account  exhibits  a  greater  balance  on  that  day,  than 
the  sum  here  stated,  viz.  $20,120  12,  consisting  of  the   toliowing  particulars,  viz: 

Taxes  uncollected,  -..----.  $3,330  33 

Cash  in  the  hands  of  ciillectors.  -------  8,06644 

Cash  in  the  supervisor's  hands,  -------  8,723  35 

$20,120  12 


The  greatest  part  of  the  uncollected  taxes  consists  of  taxes  on  lands  which  have  been  exposed  to  sale,  and  for 
which  no  bidders  could  be  found,  and  on  slaves,  the  owners  of  which  cannot  be  found.    The  cash  in  the  hands  of 
collectors,  is  as  follows: 

George  Mansell,    --------- 

Daniel  L.  Morrison.  -  -  -  .  .  -  . 

.John  Harbison.      --------- 

Joseph  Ballinger.  ---..---_ 

John  Crow,  -----.-.- 

James  Macconnel.  ----.._. 

Peter  Macher,         --------- 

Thomas  L.  Patterson,  -  -  -  ,  . 


$3,291 

21 

650 

79 

1,155 

57 

1,161 

29 

168 

01 

1,177 

58 

285 

18 

176 

81 

$8,066 

44 

1810.] 


THE    MINT. 


391 


Collecfois  Harbison  and  Ballinger  have  abscontUnl.  their  securities  are  insolvent,  and  the  sums  due  from  Ihem 
will  be  lost.  Tiie  marshal  has  collected  a  part  of  the  other  balances,  and  they  are  considered  by  the  supervisor  as 
safe.     He  has  been  directed  to  pay  the  balance  due  by  him  into  the  treasury,  without  delay. 

(n.)  Tennessee.  $310  33.— The  accounts  of  John  Overton,  late  supervisor,  have  been  settled,  and  this  sum  re- 
ported to  be  due  Irom  hnn.  It  was  principally  a  suspension  ol'  some  charges  for  explanation,  and  will  be  eventually 
allowed.  The  only  sum  really  due,  it  any,  is  $46  10,  charged  by  him  for  commission  as  inspeclor,  and  disallowed 
by  the  Comptroller  of  the  Treasury. 


lltli  Congress.] 


No.  309. 


[2d  Session. 


MINT. 


COMiB¥NICATED    TO    THE    SENATE,    JANLARV  10,    1810. 

To  tlie  Senate  ayid  House  of  Representatives  of  the  United  States: 

The  Director  of  the  Mint  having  made  to  me  his  report  of  the  operations  of  the  mint,  for  the  yearoncth  )u- 
eight  hundred  and  nine.  I  lay  the  same  before  you  for  your  information. 

January  oth.  1810. 


sand 


JAMES  MADISON. 


Sir: 


Mint  of  the  United  States,  Januai-y  1st,  1810. 


I  have  the  honor  of  laying  before  you,  a  report  of  the  operations  of  the  mint  for  the  last  year. 
From  the  treasurer's  statement,  herewith  transmitted,  it  will  appear  that,  during  this  period,  there  have  been  is- 
sued from  the  mint,  of  gold  coins,  in  half  eagles,  33,875  pieces,  amounting  to  $169,375;  of  silver  coins,  in  half  dol 
lars  and  dimes.  1,450,520  pieces,  amounting  to  $707,370:  and  of  copper  coins,  in  cents  and   half  cents    1377  434 
pieces,  amounting  to  $8,001  53:  making,  in  the  whole,  two  millions  eight  hundred  and  sixty-one  thousand'ei'^ht  hun 
dred  and  thirty  four-pieces  of  coin;  amounting  to  eight  hundred  and  eighty-four  thousand  seven  hundred  and  fiftv- 
two  dollars  fifty-three  cents.  ■' 

The  supply  of  bullion  is  still  abundant;  nor  is  there  any  apprehension  of  a  deficiency. 
I  have  the  honor  to  be,  sir,  with  sentiments  of  the  most  perfect  respect  and  esteem. 

Your  obedient  faithful  servant, 

R.  PATTERSON. 


Jn  Abstract  of  the  ordinary  expenses  of  the  Mint  of  the  United  States,  from  the  \st  of  January  to  the  31s/  of  De- 
cember, 1809,  viz: 


Salaries. 

M'ages. 

Incidental. 

Totals. 

Quarter  ending  31st  March,  1809,     -            -            -            - 
30th  June,  1809.        -            -            -            - 
30th  September,  1809, 
31st  December,  1809, 

2,650 
2,650 
2,650 
2,650 

1,841  82 
1,907  45 
1,891   70 
1,826  08 

217  21 

815  99 

680  33 

1,218  33 

4,709  03 
5.373  44 
5,222  03 
5,094  41 

10,600             7.467  05 

2,931   86 

Amount, 

- 

$20,998  91 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia.  30th  December,  1809. 

BENJAMIN  RUSH. 


392 


FINANCE. 


[1810. 


A  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  31sf  December, 

1809,  inclusive,  viz: 


. 

GOLD  COINS. 

Amount  in  doUs. 
and  cents. 

Total. 

Half  Eagles. 

Quarter  ending  31st  of  March, 
30th  June, 
30th  September, 
31st  December, 

6,888 
11,838 
10,017 

5,132 

34,440 
59,190 
50,085 
25,660 

33,875  pieces  of  gold  coins. 

33,875 

Total  amount  of  gold  coins, 

_ 

169,375  00 

160,421 

174,385 
206,550 
166,020 

SILVER  COINS. 

Dimes. 

Half  Dollars. 

Quarter  ending  31st  March, 
30th  June, 
30th  September, 
31st  December, 

4,210 

30,500 
10,000 

320,000 
348,770 
407,000 
330,040 

1,450,520  pieces  of  silver  coins, 

44,710 

1,405,810 

Total  amorint  of  silver  coins. 

707,376  00 

600  00 
3,306  53 
1,050  00 
3,045  00 

COPPER  COINS. 

Cents. 

Half  Cents. 

Quarter  ending  31st  March, 
30th  June, 
30th  September, 
31st  December, 

47,367 
175,500 

120,000 
566.572 
210,000 
258,000 

; 

1,377,439  pieces  of  copper  coins, 

222.867 

1,154,572 

Total  amount  of  copper  coins, 

. 

8,001  53 

2,861,834  pieces  of  all  the  coins.           Amount  of  all  the  coins  struck  in  1809, 

$884,752  53 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  30th  December,  1809. 

BENJAMIN  RUSH. 


11th  Congress.  3 


No.  310. 


[Sd  Session. 


REMISSION   OF   FORFEITURE. 

COMMUNICATED  TO  THE  HOUSE  OF  representatives,  JANUARY  11,  1810. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Levin 
Jones,  owner  and  master  of  the  schooner  Wolf,  of  Baltimore,  made  the  following  report: 

The  petitioner  states  that  liis  schooner  has  been  seized  at  Norfolk,  Virginia,  for  bringing  to  that  place  from  Charles- 
ton, S.  C.  certain  French  passengers  and  their  slaves.  These  unfortunate  people  were  driven  from  the  island  of 
Cuba,  and  were  destined  for  the  port  of  Norfolk,  but  the  vessel  on  board  of  which  they  embarked  was  wrecked  on 
Crooked  Island.  They  were  taken  from  the  wreck  by  Captain  John  Weaver,  of  the  brig  Harriet  and  Martha,  and 
landed  at  Charleston.  Petitioner  states  that,  at  the  request  of  the  collector  ot  Charleston,  and  other  gentlemen  of 
great  respectability,  he  took  the  Frenchmen  and  slaves  and  landed  them  at  Norfolk,  with  the  permission  of  the  mayor. 

In  doing  what  he  did,  he  states  he  was  influenced  by  no  other  motive  than  that  of  humanity  towards  the  unfor- 
tunate sufterers.  .  .  ... 

The  committee  do  not  hesitate,  from  the  proof  before  them,  to  exonerate  the  petitioner  from  any  intention  of  violat- 
ing the  law.  No  case  can  better  claim  the  equitable  interposition  of  Congress.  The  schooner  of  the  petitioner  was 
seized  because  the  slaves  were  not  inserted  in  the  manifest,  in  pursuance  of  the  ninth  and  tenth  sections  of  the  act, 
entitled  "An  act  to  prohibit  the  importation  of  slaves  into  any  port  or  place  within  the  jurisdiction  of  the  United 


1810.]  COLLECTOR    OF   NEW   ORLEANS,   &c.  393 

States,  from  and  nfter  the  first  day  of  January,  in  the  year  of  our  Lord  one  thousand  eight  hundred  and  eight," 
passed  the  3d  of  March.  1807:  the  necessity  of  (loins  which,  the  petitioner  was  not  aware,  nor  was  he  reminded 
by  the  collector  oi'  Charleston,  with  whose  knowletlge  he  had  taken  th-  slaves  on  board,  that  the  lav,-  required  him 
to  insert  their  names  in  the  manifest.^ 

If  the  slaves  had  been  carried  to  Norfolk,  the  port  for  which  they  were  ilestined  when  they  were  embaiked  at 
St.  Jago  de  Cuba,  the  vessel  importing  theni  would  not  have  been  forfeited  under  the  "Act  for  the  remission  of 
certain  penalties  and  forfeitures,  and  for  other  pur|)oses,"  passofi  the  first  session  of  the  eleventh  Congress.  The  case 
of  the  ship  Clara,  the  property  of  Andrew  Foster  and  Jacob  P.  Giraud.  to  which  the  National  Legislature  extended  re- 
lief, is.  in  principle,  the  same  with  the  present.  The  committee  are  of  opinion  that  any  penalty  and  forfeiture,  which 
may  have  been  incurred  by  the  petitioner,  ought  to  be  remitted. 

They,  therefore,  recommend  the  adoption  of  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner  is  reasonable,  and  ought  to  be  granted. 


11th  Congress.]  No.    311.  [ad  Session. 


REMISSION   OF   FORFEITURE. 

COMMUNICATED    TO     THE    HOUSE     OF    REPKBSBNTATIVES,    JANUARY    16,     1810. 

Mr.  Newton,  from  the  Comniittee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Jeremiah 
Reynolds,  of  the  State  of  Maryland,  and  owner  of  the  schooner  called  the  Victory,  of  Havre  de  Grace,  made  the 
following  report: 

The  petitioner  states  that  he  took  on  board  of  his  vessel,  at  Curagoa,  in  September  last,  certain  French  passen- 
gers, with  six  sla^  es,  the  property  of  the  passengers.  The  Frenchmen,  in  their  affidavits,  state,  that  it  was  their 
intention,  when  they  were  driven  from  Cuba,  to  come  to  the  United  States,  but  that  they  were  prevented  for  want 
of  an  opportunity.  In  this  dilemma  they  embarked  for  the  town  of  St.  Domingo,  in  the  island  of  Hispaniola.  That, 
on  their  arrival  at  this  last  mentioned  place,  they  found  it  in  the  possession  of  the  united  forces  of  Great  Britain  and 
Spain.  Not  being  permitted  to  land,  they  were  compelled  to  go  to  Cura^oa.  At  this  last  place  they  were  admitted 
to  land,  but  not  before  they  had  given  security  to  take  the  first  opportunity  that  offered  for  the  United  States.  The 
petitioner  does  not,  from  any  document  before  the  committee,  appear  to  have  been  constrained  by  the  constituted 
authorities  of  Curacoa  to  take  on  board  of  his  vessel  the  French  passengers  and  their  slaves.  The  petitioner,  in 
consequence  of  bringing  the  slaves,  the  property  of  the  Frenchmen,  to  New  Orleans,  has  incurred  heavy  penalties, 
and  subjected  his  vessel  to  forleiture. 

The  affidavits  accompanying  the  petition  were  taken  with  the  knowledge  of  Philip  Grimes,  the  United  States' 
attorney  for  the  Orleans  territory. 

The  cotnmittee  are  of  opinion  that  the  case  of  the  petitioner  is  not  embraced  by  tlie  provisions  of  the  law  remitting 
certain  penalties  and  forfeitures,  and  for  other  purposes,  passed  the  first  session  of  the  eleventh  Congress,  as  that 
law  relates  to  voyages  direct  from  Cuba.  Had  the  petitioner  brought  the  passengers  with  their  slaves  from  Cuba, 
he  would  have  incurred  neither  penalty  nor  forfeiture.  This  case  differs  from  those  which  liave  been  sustained  by 
Congress,  in  this  circumstance,  orily — the  passengers,  with  their  slaves,  were,  in  the  cases  relieved,  brought  from 
Cuba:  in  the  present,  from  Curacoa.  The  cause  of  this  was  not  the  fault  of  the  French  passengers.  WTien  they 
were  forcibly  expelleil  from  Cuba,  no  passage  could  be  procured  for  the  United  States;  of  course  they  were  com- 
pelled to  seek  shelter  in  some  other  island,  until  an  opportunity  shouUl  offer.  At  Curacoa  they  were  permitted  to 
land,  first  giving  security  to  leave  the  island  as  soon  as  possible.  In  this  situation  the  petitioner  found  them,  and, 
on  their  application,  toot  them,  with  their  slaves,  to  New  Orleans,  where  he  landed  them.  From  this  view  of  the 
petitioner's  case,  the  comniittee  iire  clearly  of  opinion  that  it  is  within  the  scope  and  protection  of  the  principle  on 
which  relief  was  extended  by  the  aforementioned  law.  The  want  of  an  asylum  for  the  distressed  refugees,  gave  ex- 
istence to  that  law. 

The  present  case  is  therefore  fairly  entitled  to  the  same  equitable  interposition  of  Congress,  as  the  Frenchmen 
could  find  no  refuge  in  any  of  the  islands,  and  the  committee  are  convinced  that  the  same  measure  of  justice  should 
be  ineted.  not  only  to  the  petitioner,  but  likewise  to  the  French  passengers.  With  these  impressions,  the  committee 
tlo  not  hesitate  to  recommend  the  adoption  of  the  following  resolution: 

Resolved,  That  the  prayer  ot  the  petitioner  is  reasonable,  and  ought  to  be  granted. 


11th  Congress.]  No.  312.  [2d  Si 


DEFALCATION   OF  THE   COLLECTOR  OF  NEW  ORLEANS,  AND   THE  CLAIM  OF  T.  PICK- 
ERING, LATE  SECRETARY  OF  STATE. 

communicated   to    the    house    of    REPRESENTATIVES,   JANUARY    30,    1810. 

collector's  OFFICE,  CUSTOM  HOUSE,  New  Orkcins,  October  17,  1808. 
Sir: 

Should  the  embargo  be  raised  during  the  ensuing  session  of  Congress,  it  will  be  necessary  at  the  time  to  make 
some  arrangement  at  this  port  for  the  payment  of  the  drawback  of  duties  on  the  goods  imported  last  fall,  particular- 
ly of  the  ships  Baltic  and  Eleanor,  that  paid  upwards  of  one  hundred  thousand  dollars;  and  several  other  cargoes, 
that  were  specially  imported  for  the  Spanish  market,  and  are  still  on  hand,  waiting  only  that  event,  to  send  them  to 
Vera  Cruz.  As  the  duties  will  have  been  paid,  debentures  must  issue  payable  in  fifteen  days  after  the  vessel  sails, 
and  I  shall  not  have  sufficient  public  moneys  on  hand  to  meet  them. 

I  am,  respectfully,  sir,  your  obedient  servant, 

WILLIAM  BROWN,  Collector. 
Honorable  Albert  Gailatin,  Secretary  of  the  Treasury. 


394  FINANCE.  [1810. 


Treasury  Department,  March  9,  1809. 

Sir: 

It  is  probable,  after  raising  of  (ho  ombargi),  that  drawbacks  on  the  exportation  of  merchandise  from  New  Or- 
leans, to  a  very  considerable  amount,  will  become  payal)le  by  the  collector,  and  that  they  will  much  exceed  the 
amount  of  moneys  coming  into  his  hands,  lender  these  circumstances,  1  have  to  request  that,  on  the  application  of 
the  collector,  you  will  advance  to  him.  for  the  payment  of  drawbacks,  a  sum  not  exceeding  one  hundred  thousand 
dollars,  which  sum,  or  such  part  of  it  as  he  may  tind  necessary  to  take,  the  collector  is  directed  to  refund  to  the 
bank,  out  of  the  iirst  moneys  which  shall  subsequently  come  into  his  hands.  In  the  mean  time,  tlie  drafts  of  the 
Treasurer,  on  the  inslitulion,  shall  be  so  regulated,  that  no  real  advance  of  moneys,  beyond  the  deposites belonging 
to  the  Government,  shall  be  made. 

The  advances  thus  to  be  made  to  tlie  collector  are  not  to  be  charged  in  the  books  of  the  bank  to  the  account  of 
the  Treasurer  of  the  United  States,  but  1  will  liiank  you  to  note  at  the  foot  of  the  monthly  return  of  the  treasurer's 
account,  which  is  made  to  this  office,  the  amount  advanced  to  the  collector,  and  to  continue  this  note  at  the  loot  of 
each  return,  shewing  the  sum  in  advance  to  the  coUectoi'  at  the  end  of  each  month,  until  he  shall  have  repaid  to  the 
bank  the  entire  sunr  advanced  in  consequence  of  this  letter. 

I  am  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Joseph  Sall,  Esq.,  Cwihier  of  the  Branch  Bank,  New  Orleans. 


Treasury  Department,  March  9.  1809. 

Sir: 

To  enable  you  to  pay  the  debentures  (or  drawback  on  mercliandise  which  may  be  exported  irom  New  Orleans 
after  the  15th  of  this  month,  I  have  requested  the  cashier  ofjthe  office  ol  discount  and  deposite,  at  New  Orleans,  to 
advance  to  you  a  sum  not  exceeding  one  hundred  thousand  dollars,  of  which  you  are  to  take  only  such  sum  as  may 
be  necessary,  in  addition  to  the  moneys  already  in,  and  which  may  come  into,  your  hands,  for  duties  at  the  custom 
house.  Whatever  sums  you  may  draw  from  the  bank  in  consequence  of  this  credit  are  to  be  replaced  by  you  out  of 
the  first  moneys  which  shall  subsequently  be  received.  At  the  foot  of  your  weekly  returns  you  will  please  to  note 
the  amount  of  the  sums  which  may  be  drawn  from  the  bank,  and  will  continue  such  note  until  the  amount  shall  have 
been  repaid. 

I  am,  very  respectfully,  sir,  your  obedient  servant, 


William  Brown,  Esq.,  Collector,  A'ew  Orleans. 


ALBERT  GALLATIN. 


rv      C  Thomas  T.  Tucker,  Esq.  Treasurer  of  the  United  Stales,  in  account  with  theOffice  of  Discount  and  )  p 
^'^-  I  Deposite,  Neiv  Orleans.  '  5 

1809,  Oct.  31.  To  amount  to  new  account,  $5-31,153  87     |      1809,  Oct.  1.  By  balance  from  old  account,  $521,153  87 

N.  B.  The  sum  of  one  hundred  thousand  dollars  was  advanced  to  William  Brown,  Esq.  collector  of  this  dis- 
trict,"on  the  fourth  instant,  per  instructions  contained  in  Mr.  Gallatin's  letter  of  the  9th  of  March,  1809. 
Errors  excepted.  ,r      ^^  ,  ^      , 

Office  of  Discount  and  Deposite,  J\eiv  Orleans,  October  31st,  1809. 

JOSEPH  SAUL,  Cashier. 
N.  B.  Enclosed  is  William  Brown's  receipt. 


Treasury  Department,  December  4.  1809. 


Sir: 


I  have  this  day  received  eight  weekly  returns  from  you,  from  the  1st  July  to  31st  August  last,  with  sundiy 
other  returns,  some  of  which  bore  the  post  mark  of  November  13th.  As  the  standing  instructions  of  this  Depart- 
ment, respecting  weekly  returns,  and  the  paiticular  instructions  to  you  upon  that  subject,  contained  in  my  letter  of 
the  26th  of  June  last,  have  not  been  complied  with,  I  take  the  liberty  to  repeat,  that  it  is  indispensable  that  the 
weekly  returns  should  be  weekly  made,  and  put  in  the  post  office  immediately  after  the  end  of  the  week  to  which 

I  have  also  this  day  received,  from  the  cashier  of  the  office  of  discount  and  deposite,  your  receipt  for  one  hundred 
thousand  dollars,  taken  up  irom  him,  under  the  authority  contained  in  my  letter  of  the  9th  of  March  last.  It  was 
not  my  intention,  and  the  tenor  of  that  letter  implies  it,  that  the  whole  of  this  sum  should  be  drawn  at  once;  but 
that,  after  the  moneys  in  your  hands  were  exhausted,  you  should  draw  on  the  bank,  from  time  to  time,  to  meet  the 
debe'ntures.  as  they  should  be  presented  to  you  for  payment.  If,  therefore,  you  have  not  paid  away,  for  debentures, 
the  whole  of  that  sum  of  one  hundred  th(msand  dollars,  together  with  the  sums  remaining  from  your  collections,  and 
which  appear  to  have  amounted,  on  the  31st  of  August,  to  twenty-three  thousand  dollars,  you  will  be  pleased,  imme- 
diately on  the  receipt  of  this  letter,  to  refund  to  the  office  of  discount  and  deposite  such  sum  as  may  remain  in  your 
hands;  and  will  continue,  as  fast  as  any  moneys  come  into  your  hands,  to  apply  them,  from  week  to  week,  to  the  re  • 
duction  of  the  balance  of  the  advance  from  the  bank,  until  it  is  wholly  repaid. 

I  hwe  received  no  statement  of  the  debentures  issued,  nor  any  intimation  from  you  of  their  amount.  From  (he 
time  when  the  money  was  taken  up  by  you,  I  presume  they  were  issued  in  the  month  of  September.  No  statement 
for  that  month  has  been  received,  although  the  statement  of  debentures  issued  in  the  subsequent  month  of  October 
came  to  hand  by  the  last  mail.  This  is  an  irregularity  which  ouglit  not  to  have  taken  place.  As  you  are  not  igno- 
rant of  the  manner  in  which  all  your  returns  to  this  Department  ought  to  be  made.  I  must  request  your  particular 
attention  that  no  omissions  or  irregularities  be  permitted  hereafter  to  occur. 

You  will  be  pleased  to  acknowledge  the  receipt  of  this  letter  by  the  first  mail  after  its  arrival. 
I  am,  very  respectfully,  sir,  your  obedient  servant. 

ALBERT  GALLATIN. 

William  Brown,  Esq.,  Collector,  New  Orleans. 

Treasury  Department,  December  4th,  1809. 

Sir: 

I  have  this  day  received  from  you  the  return  of  the  treasurer's  account  with  your  institution,  for  the  31st  of 
October  last,  in  which  was  enclosed  Sir.  Brown's  receipt  for  one  hundred  thousand  dollars.  It  was  not  my  inten 
tionthat  he  should  draw  the  whole  of  this  sum  at  once:  unless,  ind(ied,  he  should  be  called  upon  to  pay  debentures  at 
once,  not  only  to  that  amount,  but  also  to  the  additional  amount  of  the  whole  sum  remaining  in  his  hands  from  his 
collections,  cluring  the  last  eight  or  nine  months.  I  have  this  day  written  to  Mr.  Brown,  directing  him  to  refund, 
immediately,  to  the  bank,  any  portion  of  the  sum  advanced,  whicli  may  not  have  been  paid  away  by  him  for  deben- 
tures* and  to  continue,  from  week  to  week,  to  apply  the  amount  of  his  collections  to  the  reduction  of  the  balance  of 
the  advance,  until  it  is  wholly  repaid.  , 

I  am,  very  respectiully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Joseph  Saul-,  Esq.,  Cashier  of  the  Office  of  Discount  and  Deposite,  New  Orleans. 


1«10-]  THE    SINKING    FUND. 

o9d 


Officl;  o:-  Discoi'nt  and  Depokite,  Xeiv  Orleans,  November  -20,  isoy 


suspicion  existed  until  Ihursday   nor  wi.uld  it  in  all  probability  lor  many  days,  only  (rom  the  lolh.um^  ciicuiis  ;u  cc 
He  had  a  note  due  in  this  bank  tor  600  dollais;  at  near  three  o'clock.  I   sent  over  to  the  custom  l.ou^e    .  ,   h U  de" 
puty  retused  to  pay  it,  uith  the  message  that  the  collector  had  left  no  xvord  about  it,  and  he-  did  not  know  u|   're    e 
xvas  gone.     I  dien  saw  the  naval  othcer:  he  tod  me  he  di.l  not  know,  nor  could  account  for,  Mr   B.-own's  i  Isence 
except  he  was  gone  up  to  his  wiles  fnenifs.     I  expressed  niy  astonishment  at  \\w  deputy's  refusinglo  „av  lis    ote 
and  asked  him  il  he  knew  the  cause.   He  then  tol.l  me,  conhdentially,  that,  although  he  could  not  lor  a  non  en<  "u. 
pect  the  honesty  or  motives  ol  Mr.  15rown,  there  was  something  strange  in  his  leaving  at  the  moment  he  did    when 
his  services  and  presence  were  particularly  required  at  the  custom  house.     The  circumstance  of  the  •ulv-nc..'., f  fh" 
100,000  dollars  then  occurred  to  me.     I  asked  him  if  he  knew  of  the  achance.    He  said  he  knew  of  'the  enle.   fr  m. 
you,  but  did  not  know  that  the  co  lector   had  made  use  of  it.     I  asked  him  ii:  (he  business  of  die  custom  hoi%  >    p 
quired  the  advance      He  answered  no      I  ttild  him  Mr.  Brown  had  drawn  a  considerable  proportion  of  it   an.i'wpnt 
immediately  to  bank  to  see  the  state  ol  his  account  on  our  books,  \\lien  I  was  susprised  to  fird  he  had  ne-ir'v  ('rnwn 
the  whole  balance,  within  the  last  tew  days,  which  hail  remained  to  his  credit  on  the  31st  day  oi  0-tober'bv  check 
payable  to  the  Louisiana  bank,  lor  which  it  since  appears  he  got  doubloons,  stating  they  were  to  be  shipped   on  -irA  nnt 
of  Goveinment,  in  an  unarmed  vessel,  thereloiv  enjoined  secrecy  on  the  cashier."  My  suspicions  were  then  ev 
cited,  and  I  called  on  tne  president  oi  our  bank,  and  stated  the  circumstances  to  him.    After  some  con^  ns'-ioii    v 
agreed,  delicate  as  the  a«air  would  be,  if  our  suspicions  sliould  prove  without  foundation,  no  time  ought  Wbe  lost  'w, 
making  them  known  to  the  Governor.     He  immediately  summoned  all  the  officers  of  (he  custom  house  betore  him 
their  evidence,  and  its  being  proven  that  he  had  secretly  become  the  purchaser  of  a  felucca  or  English  pilot  boat  whl-li 
had  sailed  on  the  day  lie.  the  co  lector,  went  away,  left  no  doubt  but  he  had  gone  in  her.   The  G°)vernor  then  sent  lo- 

a. 
for 

he 

was  looked  up  to  as  a  model  of  honesty  and  correctness  in  office:  and,  althlnigh'soineTnlghTcioubrhir  prudence  in 
ids  private  atiairs.  1  believe  not  a  souUn  coiunuinity  d,)ubted  his  honesty. 

I  am,  sir.  very  respectfully,  your  obedient, 

T,     IT  Ki     A    r  <^       ,         r„    rj,  JOSEPH  SAUL,  Cashier. 

Ihe  H;,>norable  A.  Gallatin.  Secretary  of  the  Treasury. 


Treaslrv  Department, /««?«<;•;/  19,  1810. 
Sir: 

The  accounts  of  Timothy  Pickering,  late  Secretary  of  State,  are  now  uaderthe  consideration  of  the  Comptroi- 
ier  ot  the  rreasury.  tor  adjustment  and  decision.  It  appears  that  the  following  sums  were  expended  by  Mr   Picker 
ing.  beyond  the  sums  drawn  by  him  from  the  treasury,  under  tlie  several  appropriations  to  which  they  lespectivelv 
refer,  viz:  ' 

Prize  causes.  -.--....  $13,231  83 

British  treaty.       ---..._  .^^  .94  35 

Spanish  treaty.      -  -  -  -  -  .  ,  32,747  3fi 

Paid  on  account  ot  General  Lafayette.  ■  ■•  -  .  5  5Q9  5~ 

878,583  11 


As  there  are  no  existing  aapropriations  for  those  several  objects,  Mr.  Pickering  cannot  receive  credit  at  the  trea- 
sury fnr  those  expenditures,  unless  new  appropriations  be  made  by  law  to  that  effect. 
I  have  the  h.onor  to  be.  respectfully,  sir,  your  obedient  servant. 

\\m\fy:dih\ei<^>\i\\\ .YjVP^-a,  Chcdrraaa  of  thr  Cornniittcc  of  Tf'uys  and  Means. 


nth  Congress.]  ^\o.  313.  [2d  Sessio.v. 


SINKING   FUN  I). 

roMMrNICATED  TO  THE  .SENATE.   FEBRrAHV  5.   1810. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follow; 


That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  last  report,  of  the  4th  of  Fe- 
bruary. 1809,  so  far  as  the  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury 
to  this  Board,  dated  the  second  day  of  the  |)resent  month,  and  in  the  statements  therein  referred  to,  which  are  here- 
'■"'     ""  '  1^1-  -1  .     '"■' is  report. 

GEORGE  CLINTON,  President  of  the  Senate. 
ALBERT  GALLATIN,   Secretary  of  the  Treasuru. 
C.ESAR  A.  RODNEY,  Morney' General  U.  .V. 


V(itli  transmitted,  and  prayed  to  be  received  as  part  of  this  report. 


„,  ^rney 

>\  ASHiNGToN,  FebrKary  3.  1810. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  remaining  unexpended,  at  the  close  of  the  year  1807,  and  applicable  to  payments 
falling  due  after  that  year,  which  balance,  as  appears  by  the  statement  B.  annexed  to  the  last 
annual  report,  amounted  to  eight  hundred  and  twenty  thousand  seven  hundred  and  eighteen  dol- 
lars nine  cents,      ------.._        $820,718  09 


596  FINANCE.  [1810. 


Together  with  the  disbursements  made  during  the  year  1808,  out  of  the  treasury,  on  account  of  the 
'principal  and  interest  of  the  public  debt;  which  disbursements,  as  appears  by  the  statement  C, 
annexed  to  the  last  annual  report,  amounted  to  ten  millions  three  hundred  and  thirty  thousand 
and  thirteen  dollars  sixty  cents,        -----  -  -  $10,330,013  60 

And  amounting,  together,  to  eleven  millions  one  hundred  and  fifty  thousand  seven  hundred  and 

thirty-one  dollars  sixty-nine  cents,     -------  $11,150,731  69 

Have  been  accounted  for  in  the  following  manner,  viz: 

I.  'Ihere  was  repaid  into  the  treasury,  during  the  year  1808,  on  account  of  the  principal  of  moneys 

heretofore  advanced  for  the  payment  of  interest  and  reimbursement  of  the  funded  domestic 
debt,  and  of  moneys  advanced  for  the  purchase  of  stock,  as  appears  by  the  statement  E,  an- 
nexed to  the  last  annual  report,  a  sum  of  sixty-eight  thousand  seven  hundred  and  ninety-five 
dollars  eleven  cents,  -  -  -  -  '      ,         7     .     ,      "  "  $68,795  11 

II.  The  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  pruicipal  and  interest 

of  the  public  debt,  as  ascertaineil  by  accounts  rendered  to  the  Treasury  Department,  amount, 
as  will  appear  by  the  statement  A,  to  ten  millions  four  hundred  and  thirty  thousand  eight  hun- 
dred and  thirty-three  dollars  twenty-five  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  and  including  the  whole  of  the 

8  per  cent,  stock,  .-----  $6,988,222  01 

2.  Paid  on  account  of  the  interest  and  charges  on  the  same,  -  -  3,442,611  24 

$10,430,833  25 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1808,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B,  to  six  hundred  and  fifty-one  tliousand  one  hun- 
dred and  three  dollars  thirty-three  cents,       ------  651,103  33 

$11,150,731  69 


Tliat,  during  the  year  1809,  the  following  disbursements  were  made  out  of  the  treasury,  on  account 
of  tlie  principal  and  interest  of  the  public  debt,  viz: 

I.  On  account  of  the  interest  and  reimbursement  of  the  domestic  funded  debt,    -  -  -     $5,750,065  22 

II.  On  account  of  the  domestic  unfunded  debt,  viz: 

Payment  of  registered  debt,  ------  $258  11 

Payment  of  debts  due  to  foreign  officers,         .  -  -  -  13,307  41 


13,565  52 


III.  On  account  of  the  interest  on  the  Louisiana  stock,  and  on  exchanged  and  converted  stocks,  pay- 
able in  Europe,  ---------  689,067 


7t 


Amounting,  altogether,  as  will  appear  by  the  annexed  list  of  warrants,  marked  C,  to  six  mil- 
lions four  hundred  and  fifty-two  thousand  six  hundred  and  ninety-eight  dollars  fifty-two 
cents,  ---------     $6,452,698  52 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year 

1809,  viz: 

From  the  fund  arising  from  the  interest  on  the  debt  transferi'ed  to  tiie  Commis- 
sioners of  the  Sinking  Fund,  as  per  statement  I,  -  -  -.    .     $1,434,773  73 

From  the  funds  arising' from  the  sale  of  public  lands,  being  the  amount  paid  into 
the  treasury,  from  the  1st  October,  1808,  to  the  30th  September,  1809,  as  per 
statement  K,      -  -  -  -  -        .       .-  "  462,395  23 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 

the  tonnage  of  vessels,       -.----  4,554,297  42 

Amounting,  altogether,  to    -  -  -  -  - 6,451,466  37 

Which  sum  of        -  -  -  -  -  -  -       .      6,451,466  37 

Together  with  the  sum  advanced  during  tiie  year- 1808,  on  account  of  the  appropria- 
tion for  the  year  1809,  amounting,  as  per  last  annual  report,  to  $1,547,301  48,  but 
which  ought  to  have  been  stated,  as  explained  in  the  note  at  the  foot  of  this  re- 
port, at  ------  -  1,548,533  63 

Makes  the  amount  of  the  appropriation  for  the  year  1809,  of  eight  millions  of  dollars,  $8,000,000  00 

II.  From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage 

of  vessels,  advanced,  in  part,  and  on  account  of  the  annual  appropriation  of  eight  millions  for 

the  year  1810,     -  -  -  -  .-  -  .      -  -  $1,087  79 

III.  From  repayments  into  the  treasury  on  account  ot  remittances  purchased  to  provide  for  the  in- 
terest on  the  Louisiana  stock,  as  will  appear  by  the  statement  E,  viz: 

Repayment  of  principal  advanced  from  the  treasury,  -  -  -     $93  20 

Costs  recovered,  -  -  -  -  -  -  -       51   16 

144  36 


6,452,698  53 


lliat  the  abovementioned  disbursements,  together  with  the  above  stated  balance,  which  remained 

unexpended  at  the  close  of  the  year  1808,  of     ------  651,10333 

And  amounting,  altogether,  to  seven  millions  one  hundred  and  three  thousand  eight  hundred  and 

one  dollars  eighty-five  cents,  -------     $7,io3,801  85 


Will  be  accounted  for  in  the  next  annual  repjirt,  in  conformity  to  the  accounts  which  shall   then 

have  been  rendered  to  the  Treasury  Department. 
That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied  is  estimated  as  followeth: 

I.  The  repayments  into  the  treasury,  on  account  of  the  principal,  have,  during  the  year  1 809,  amount- 

ed, as  by  the  abovementioned  statement  E,  to  -  -  -  -  -  $93  20 

II.  The  sums  actually  applied,  during  the  year  1809,  to  the  principal  and  interest  of  the  public 

debt,  are  estimated  as  followeth: 
1    Paid  in  reimbursement  of  the  principal  of  the  public  debt,  and  including  the  last  instalment  of 

the  Dutch  debt,  ------  3,826,479  26 

2.  Paid  on  account  of  interest,  and  charges  on  the  same,  -  -  •  2,915,776  70 


As  will  appear  by  the  estimate  F. 


6,742,256  03 


1810.]  THE   SINKING  FUND.  397 

III.  The  bal.ince  which  remained  unexpeiKled  at  (he  close  of  the  year  1809,  and  applicable  to  pay- 
ments falling  due  alter  that  year,  is  estimated,  per  estimate  G,  at  -  -  -  361,452  63 

§57,103,801  85 

That,  in  conformity  to  the  proceedinj^s  and  resolutions  of  the  Commissioners  of  the  Sinking  Fund, 
of  the  18th  of  Alarch,  1809,  a  copy  whereol,  marked  L,  is  iiereunto  annexed,  there  was  reim- 
bursed, on  the  1st  of  October,  IKOi).  in  the  manner  prescribed  by  the  8tii  section  of  the  act  of 
February  11,  ISOT,  a  portion  of  tile  exchanged  six  per  cent,  stock,  created  by  virtue  of  that  act, 
amountiiig  to  -  -  -  -  ^  -  -  -  -        1,151,469  11 

And  there  was  paid,  for  the  reimbursement  of  a  further  portion  of  the  same,  on  the  1st  of  January, 

1810,  the  sum  of    -------..        1,090,749  1 

Amounting,  together,  to  -------  -     $2,242,218  24 

Which  sum  of  $2,242,218  24,  forms  a  part  of  the  sum  of  $3,826,479  26,  above  stated,  as  the  amount 
of  principal  of  the  public  debt  reimbursed  in  the  year  1809. 

That  the  loan  authorized  by  the  last  of  the  above  resolutions  of  the  commissioners,  has  not  been 

made,  there  having  been  no  necessity  for  resorting  to  it. 
And  that  tJie  statement  H  exhibits  tiie  amount  "f  stock  traiisl'erred  to  the   Conmiissioners  of  the 

Sinking  Fund,  and  to  the  Treasurer  of  the  Uniteil  States,  in  trust  for  said  States,  and  standing 

to  their  credit  on  the  books  of  the  treasury,  on  the  31st  December,  1809,  no  stocks  having  been 

transferred  in  payment  for  lands  during  the  year  1809. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  February  2,  1810. 

Note,  in  relation  to  tlie  advance,  during  the  year  1808,  oftlie  sum  o/$l,548,533  63,  on  account  of  the  appropriation 

of  $8,000,000,  for  the  year  1809. 

This  advance  was  stated,  in  tlie  annual  report  to  the  Commissioners  of  the  Sinking  Fund,  dated 

February  3,  1809.  at  the  sum  of  -  -  -  -  -  -  -     $1,547,301  48 

To  whicii  is  to  be  added  the  sum  of  $1,232  15,  which  was  stated  in  tlie  report,  dated  February  4, 
1808,  as  having  been  paid  during  the  year  1807.  out  of  the  additional  appropriation  made  by  the 
5th  section  of  the  act  of  April  29,  1802,  tor  the  payment  of  ccjmmissions  to  the  agents  employed 
in  tb.e  purchase  of  remittances  for  the  D\itch  debt,  when,  in  fact,  the  said  sum  was  not  paid  out 
of  that  appiopriation,  but  out  of  the  appropriation  of  eight  millions  of  dollars,  it  having  been  paid 
for  commissions  on  the  purchase  of  remittances  for  interest  on  the  Louisiana  stock,  which  are 
not  er.ibraced  by  the  5t!i  section  of  the  act  of  April  29,  180-J.  This  sum,  therefore,  as  it  dimi- 
nishes the  amount  shoi't  ad^■anced  in  tiie  year  1807,  on  the  appropriation  of  eight  millions,  forms 
an  addition  to  the  amount  over  advanced  at  the  eiul  of  the  year  180.s,  on  account  of  the  appro- 
priation of  eight  millions,  for  the  year  1809,  and  is  here  added,       -  •■  -  .  1,232  15 

$1,548,533  63 


A. 

Statement  of  the  application,  during  the  year  1808,  of  the  fumls  provided  for  the  payment  of  the  principal  and 

interest  of  the  Public  Debt. 

I.  Payments  on  account  of  the  principal  of  the  Public  Debt, 

1.  Of  the  (loinestic  debt,  vi/.: 
Amount  of  eight  per  cent,  stock  purchased  by  the  commissioners  of  the  sinking  fund,  per  statement 
L,  annexed  to  last  annual  report,     -  '  -  -  -  -  -  -        $190,000  00 

Reimbursement  of  old  six  per  cent,  stock.        .  .  .  .       $899,434  72 

Ditto         of  deferred  stock,  -----  355.S38  09 


Asper  treasury  report  No.  22,058,  .  .  -  -        1,255,272  81 

Ditto         of  the  whole  of  the  eight  per  cent,  stock,       -.-.--       5,302,90000 

2.  Ditto         of  unfunded  registered  debt,  includiiig  arrearages  of  interest,  -  49  20 

3.  Ditto         (if  the  foreign  debt,  viz: 

Fourth  instalment  of  the  loan  of  3,000,000  guilders,  of  January  1,  1794,  guilders  600,000, 

at  40  cents,  ---------  240,000  00 

II.   On  account  of  interest  and  charges. 

1.  On  the  domestic  debt. 

Interest  for  the  year  1808,  on  the  several  species  of  the  domestic  funded  debt,  as  settled 

at  the  treasury,(«)      -  -  -  -  -  -  -  -  -      2,695,404  36 

Ditto  on  Louisiana  stock  domesticated,        -..---  2,805  00 

Commissions  paid  to  agents  for  the  purchase  of  stock,  -  -  -  -  475  00 

Difterence  between  the  amount  of  moneys  applied  to  the  purchase  of  eight  per  cent. 

stock  and  the  amount  of  stock  purchased,  .  -  -  -  _  3,100  75 

2.  On  the  foreign  debt. 

Interest  on  converted  and  exchanged  stock  payable  at  Amsterdam,  July  1 
and  October  1,  1808,  guilders  2,741   14  8,  at  40  cents,  -  1,096  69 

Interest  on  converted  and  exchanged  stock  payable  at  London, 

July  1  and  October  1,  1S08.  £967  1   11,  at  4s.  t;?/.   -  -  4,298  20 

5,394  89 

Interest  on  Louisiana  stock  trom  1st  of  July,  1807,  to  30th  June,  1808,  viz: 
F.iyable  in  Amsterdam,  guilders  750.000,  at  40  cents,  -  -  300.000 

Ditto  in  Londim,  ^£83^997,  at  4,s.  6;/.  per  dollar,        -  -  373.320 

673,320 

Interest  paid  on  the  Dutch  debt  at  Aniiterdam,  guilders  60,000,  at  40  cents,         24,000 

51  tt 


6,988,223  01 


398  FINANCE.  [1810. 

Commissions  and  charges,  viz: 
At  Amsterdam,  including  Louisiana  stock,  guilders  5,625  6  8,  at 

40  cents  per  guilder,  ......  3^350  13 

At  London,  on  Louisiana  stock,  £419  19  9.  at  4s.  6d.  -         1,866  60 


4.116  73 

Loss  in  exchange,  -  -  -  :        .    "  "  -  32,170  38 

Commissions  to  agents  in  America,  for  purchasing  bills,  -  -  1,824  13 


740,826  13 

3,442,611  24 


$10,430,833  25 


Note  to  Statement  A. 


(a)  The  amount  of  interest  for  the  year  1808,  per  the  treasury  statement,  is  -  -  -        $2,695,40136 

To  which  is  here  added,  for  amount  of  dividend  on  navy  six  per  cent,  stock,  charged  by  the  com- 
missioner of  loans  for  Virginia,  in  1805,  but  suspended  from  his  credit  at  that  time,  for  want 
of  a  receipt,  now  admitted  to  his  credit,        -------  3  qq 


3,695,404  30 


Treasury  Uepartment,  Jiegister^s  Offii:e,  February  2cl,  1810. 

JOSEPH  NOURSE,  Register. 

B. 

Statement  of  the  provision,  made  before  the  \st  day  of  January,  1809, /or  the  payment  of  the  principal  and  interest  of 

the  public  debt,  failing  due  after  the  year  1808. 

I.  On  account  of  the  foreign  debt. 
1st.  Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  viz: 

In  Amsterdam  on  31st  Dec,  1808,  («.)  guilders  168,595  10  11,  at  40  cts.  $67,438  21 
In  London  on  same  day,  (6.)        -  -      £44,598  15    8,  at  4s.  6(/.  198.216  82 


2d.  Remittances  outstanding,  viz: 

Amount  paid  for  at  the  treasury,  and  remitted 
to  Amsterdam  before  the  1st  January,  1809, 
but  not  received  by  the  commissioners   till 

after  that  day,        -  -  -     G.  738,443  16  08,    at  40  cts.  295,377  53 

Amount  paid  for  at  the  treasury,  and  remitted 
to  London  before  the  1st  January,  1809,  but 
not  received  by  the  bankers  till  after  that 
day,  -  -  -£21,500,  at  4s.  6rf.    95,555  55 


265,655  03 


390,933  08 


656,688   11 
3d.  Amount  of  payments  made  at  the  treasury,  before  the  1st  January,  1809,  for  bills 
which  have  been  protested  for  non-payment,  and  which,  on  that  day,  liad  not  been  re- 
paid into  the  treaj^ury,  as  explained  in  tlie  last  annual  report,  statement  13,  -         13.357  00 


II.  Deduct  amount  short  provided  on  account  of  the  domestic  debt,  as  follows: 
The  demands  unsatisfied  on  the  1st  January,  1809,  were  the  following,  viz: 

1st.  Dividends  payable  by  the  commissioners  ot  loans,  including  tiie  dividends  due  on 

that  day,  and  exclusive  of  dividends  no  longer  demandable  at  their  offices,  -      1,351,349  67 

2d.  Unclaimed  dividends  payable  at  the  treasury,  -  ..  -  -  16,467  72 


669,945  11 


The  provision  made  for  tlie  above  objects  was  as  follows,  viz: 
let.  Cash  due  from  conimisiioners  of  loans,  deceased  and  out  of  office,       -         9,729  56 
2d.    Cash  in  the  hands  of  commissioners  of  loans  in  office,  •  1,339,234  05 

3d.    Amount  over-advanced  at  the  treasury,  for  the  payment  of  dividends,  12  00 


1,367,817  39 


1.348,975  61 


Leaving  the  sum  short  provided  on  the  1st  January,  1809,  to  meet  all  the  payments  on  account  of  tlie 

domestic  debt,  -  -  -  -  -  -       '        -  -  -  18,841  78 


Total  amount  of  provision  for  the  public  debt,  remaining  unapplied  on  the  31st  December,  1808.       $651,103  33 


Notes  to  Statement  B. 

(a.)  The  balance  in  the  hands  of  the  bankers  at  Amsterdam,  on  the  31st  December,  1808,  per  treasury 

report.  No.  21,779,  was        -.-....    Guilders,  469,113  05  03 

But  in  this  sum  v/as  included  sundry  sums  paid  to  the  bankers,  by  individuals,  in  1808,  under  agree- 
ments with  the  Secretary  of  the  Treasury,  wliich  were  not  paid  for  at  the  treasury,  till  1809,  and 
appear  as  a  part  of  the  remittances  made  to  Amsterdam  in  that  year,  as  detailed  in  the  statement 
D,  accompanying  the  present  report.  These  are,  therefore,  in  the  present  statement,  to  be  deducted 
from  the  balance,  appearing  by  the  treasury  report  to  be  in  the  hansls  of  the  bankers  at  the  end  of 
the  year  1808,  and  amount  to  -------    300,517  14  08 


And  leave  the  sum  above  stated,  -  -  -  -  G.  168.595  10  11 


(b.)  The  balance  in  the  hands  of  the  bankers  at  London,  on  the  31st  December,  1808,  per  treasury  re- 
port No.  21,560,  was  --------        £702   I8  06 

In  that  treasury  settlement,  credit  was  allowed  the  bankers,  conformably  to  their  charges,  for  the  divi- 
dends on  Louisiana,  exclianged,  and  converted  stocks,  payable  on  the  1st  day  of  January,  1809;  but 
as  those  payments  belong  to  the  year  1809.  the  amount  thus  charged  is  considered,  in  this  report,  as 
being  in  their  hands  on  the  31st  December,  1808.  The  amount  of  these  dividends,  with  the  com- 
mission on  the  Louisiana  interest,  is  ---..-     43,895  17  03 


And  makes  the  sum  above  stated,  -  -  -  -£44,598  15  08 

Treasury  Department,  Register''s  Office,  February '2,  1810. 

JOSEPH  NOURSE,  Register. 


1810.] 


THE   SINKING  FUND. 


399 


List  ofTVarrants  drawn,  according  to  law,  during  the  year  1809.  on  the  Treamrer  of  the  United  States,  on  ac- 
count of  the  reimbursement  and  interest  of  the  Domestic  Debt. 


WAHKANTS. 


Numbers. 


974 
975 
976 
991 
992 
993 
994 
101-2 
1013 
1014 
1015 
1019 
1030 
1031 
1032 
1033 
1245 
1246 
1247 
1248 
1268 
12G9 
1270 
1271 
1272 
1273 
1283 
1284 
1285 
1299 
1300 
1302 
1575 
1576 
1577 
1578 
1579 
1580 
1581 
1588 
1589 
1590 
1591 
1592 
1593 
1594 
1595 
1596 
1597 
1598 
1599 
1600 
1606 
1610 
1611 
1612 
1613 
1614 
1617 
1829 
1830 
1831 
1832 
1833 
1834 
1835 
1836 
1837 
1844 
1845 
1846 
1847 
1848 
1849 
1850 
1851 
1857 
1858 
1861 


Dates. 


March 


10 


15, 


20, 


23, 

25, 
28. 


1809, 


June      5. 
16, 

•  .  •• 

Ik  ki 

U  kk 

k.  kk 

27, 
<k       kk 

kk  kk 

September  6, 


14, 


15. 


kk 

kk 


20, 
00 


25, 
December  11, 


I>'  WHOSE  FAVOR. 


23, 


SlierwDotl  Haywood, 
Peter  Freneau, 
John  Pooler, 
N\  illiam  Gariliier, 
Henjamiii  Austin, 
('luisto|ilier  Ellery, 
Jouatliaii  Hull, 
William  Few, 
.lames  Ewing, 
Tiinmas  Nelson, 
Kdward  Hall. 
Stephen  Moylan. 
John  Stockton, 
fieorge  Simpson, 
James  Davidson, 
'I'hontas  T.  Tucker, 
\Mlliam  Gardner, 
Sheiwood  Haywood, 
Peter  Freneau, 
John  Pooler. 
IJenjamin  Austin, 
Christopher  Fillery, 
Jonathan  Bull, 
William  Few, 
James  Ewing, 
Thomas  Nelson, 
Stephen  Moylan, 
John  Stockton, 
Edward  Hall, 
George  Simpson, 
James  Davidson, 
Thomas  T.  Tucker, 
William  Gardner, 

Do. 
Sherwood  Haywood. 

Do. 
Peter  Freneau, 

Do. 
John  Pooler, 
Jonathan  Bull, 

Do. 
Christopher  Ellery, 

Do. 
Benjamin  Austin, 

Do. 
Thomas  Nelson, 

Do. 
John  Stockton, 
James  Ewing, 

Do. 
William  Few, 

Do. 
Edward  Hall, 
Thomas  T.  Tucker. 
Stephen  Moylan, 
James  Davidson, 

Do. 
George  Simpson, 
John  Stockton, 
William  Gardner, 

Do. 
Jonathan  Bull. 

Do. 
Sherwood  Haywood. 

Do. 
Peter  Freneau, 

Do. 
John  Pooler, 
Benjamin  Austin, 

Do. 
Christopher  Ellery, 

Do. 
James  Ewing, 

Do. 
Thomas  Nelson, 

Do. 
Edward  Hall, 

Do. 
Thomas  T.  Tucker, 


AMOUNT. 


DoUai-s.  Cents. 


1,050  00 

35,000  00 

1,000  00 

5,800  00 

136,000  00 

7,950  00 

18,500  00 

225,000  00 

4,450  00 

7,000  00 

20,013  40 

161,629  70 

1,902  24 

70,244  56 

18,092  20 

1,932  13 

5,800  00 

1,000  00 

33,000  00 

1.000  00 

135,000  00 

7,700  00 

17,300  00 

•230,000  00 

4,300  00 

4,500  00 

160,785  45 

1,808  48 

19,757  61 

68,825  45 

17,649  32 

1,722  13 

5,712  17 

5,850  00 

8,000  00 

1,900  00 

32,983  34 

29,000  00 

750  00 

17,500  00 

6,543  88 

7,300  00 

13,349  73 

130,000  00 

185,979  08 

7,000  00 

25,914  08 

1,672  03 

4.350  00 

14.392  70 

235,000  00 

290,329  68 

19,559  62 

2,142  13 

23,277  17 

17.727  90 

17,749  71 

C8.186  00 

1,802  46 

10.283  17 

10.900  00 

1,164  59 

34,800  00 

5,667  09 

2.400  00 

11.343  06 

60.000  00 

2.500  00 

216.931  32 

265,000  00 

1,013  23 

13,800  00 

9,981  40 

7,000  00 

7,510  25 

10,000  00 

3,828  01 

42,433  56 

3,854  36 


400 


FINANCE. 


[1310. 


LIST— Continued. 


WAHllANTS. 

In  whose  favor. 

AMOUNT. 

Numbers. 

Dates. 

Dollars.  Cents. 

1862 
1863 
1864 
1865 

December    23, 

44                      44 
44                       44 
44                      44 

March         28, 
June            27, 
September  22, 
December  33, 

4  4                    44 

1809. 

44 
44 
44 

44 
44 
44 
44 
44 

William  Few, 
Stephen  Moylan, 
Joiin  Stockton, 
Do. 

Thomas  T.  Tucker. 
Do. 
Do. 
Do. 
Do. 

$229,043  43 
229.253  43 
228,833  43 
462,395  23 
747,643  43 

263,960  90 

264,530  25 

3,310  73 

1,000  00 

1034 
1301 
1615 

1859 
1860 

3,852,896  27 

1,897,168  95 

$5,750,065  22 

List  qf  Warrants  drawn  according  to  latv,  during  the  year  1809,  o>!  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  interest  on  the  Louisiana  Stock. 


WARRANTS. 

IN  ■WHOSE  TAVOn. 

Amount. 

Numbers. 

Dates. 

Dollars.  Cts. 

825 
931 
984 
1011 
1156 
1205 
1206 
1208 
1209 
1278 
1379 
1514 
1559 
1583 
1605 
1749 
1776 
1787 
1800 
1815 
1856 

January         3,       1809,       - 
February      16, 
March           13,        " 
"                 20,         " 
April            11, 
May               6, 

44                                4.                  44 

9. 

44                                44                 44 

June             20,        '^ 

44                                44                  4( 

July             31, 
August          26,         " 
Sept.             11, 

44                             20                  " 

October        "9' 
"               30,        " 

November     8,        " 
"               21,        " 
38, 

December    32,        " 

George  Simpson.           -                  -                  . 

Do.                     - 
Jonathan  Burrall, 
Peter  Roe  Daiton,         "          .          - 
Timothy  Paxson.           -          '         - 
Peter  Roe  Daltou, 
Jonathan  Burrall, 
George  Simpson, 

Do. 
P^lisha  Leavenworth,     -                   -                   - 
James  Davidson, 
Peter  Roe  Daiton. 
Jonathan  Burrall, 
Samuel  R.  Fisher, 
Peter  Roe  Daiton, 

Do.                    -                  .                  - 

Do. 
Charles  J.  Nourse. 
Capt.  Samuel  Evans,    - 
Peter  Roe  Daiton, 
Jonathan  Burrall, 

101,500  00 

417  58 

44,888  85 

53,155  53 

1,419  60 

434  96 

113  33 

18,366  67 

55  51 

16,328  65 

545  54 

35,700  00 

12,600  00 

3,304  60 

102.236   17 

31,911   66 

101,913  28 

558  57 

160,000  00 

686  89 

31   50 

$689,067  "'"- 

Included  in  the  foregoing  list  of  warrants  are  the  following  warrants  for  commissions  to  agents  who  pur 


No. 


931, 

February  16, 

1305, 

May            6, 

1206, 

44              44 

1209, 

9, 

1815, 

Nov.         28. 

1856, 

Dec.          33, 

bills,  atone-fourth  of  one  per  cent. 
George  Simpson, 
Peter  Roe  Daiton, 
Jonathan  Burrall, 
George  Simpson. 
Peter  Roc  Daiton. 
Jonathan  Burrall, 


chased  the 

$417  58 

434 

96 

113 

32 

55 

51 

686 

89 

31 

50 

$1,738  66 


List  of  Warrants  drawn  according  to  law,  during  the  year  1809,  on  the  Treasurer  of  the  Ihiited  States,  on  account 

"  of  paving  certain  parts  of  the  Domestic  Debt. 


«             =^  -' 

WARRANTS. 

In  whose  favor. 

AMOUNT. 

Numbers. 

Dates. 

Dollars.   Cts. 

900 
1816 

February      3, 
November  29, 

1809, 
1809, 

Samuel  L.  Mitchill, 
Patrick  Ferrall, 

*  i 

16  46 
241   65 

$358   11 

1810.] 


THE    SINKING    FUND. 


401 


Amount  drawn  according  to  law,  during  the  year  1809,  071  the  Treasurer  of  the  United  Slates,  for  the  payment  of 

debts  due  to  Foreign  Officers. 

June  14,     Warrant  No.  I2G2.  in  favor  of  John  Mason,  attorney  for  tlic  lieirs  of  ]?rigailier  General 


Arniaiul,  Marquis  de  la  Rouerie, 


13,307  41 


RKCAPITULATION. 


Interest  and  ieinil)ursement  of  tiie  domestic  debt, 
Interest  on  Louisiana  stock. 
Payment  of  certain  parts  of  the  domestic  debt, 
Debts  due  to  foreign  officers,  - 


Tkeasury  Department,  Begister's  Office,  January  31,  1810. 


D. 


$5,750,005  22 

089,067  78 

258   11 

13,307  41 

$6,452,698  52 


JOSEPH  NOURSE,  Register. 


Amount  of  remittances,  during  the  year  one  thousand  eight  hundred  and  nine ,  for  the  payment  of  interest  upon 

the  Louisiana  six  per  cent,  stock. 

G.  250,000  on  Antwerp,  whicii  produced 

in  Amsterdam,        G.  255,981     3    0        cost  40  cts.  per  suiUIer,  -  -         100.000")        o,/,i  r/^^  ^^^ 

Interest  thereon,        1,5005        ^^Ol'-'OO  00 

49,216  11     8        cost  41  cts.  per  guilder,  .....  20,17879 

118,380  42  do.         -  -  .  .  .  49,719  00 

82,488  18  .43  do.  -  ....  35,470  23 

400,000  specie  shipped  to  Amsterdam  by  the  frigate  John  Adams, 

Captain  Evans, 


G.  90(;,06G  12     8  which  cost. 


£11,450  0  0 

2,000  0  0 

31,919  18  10 

11,630  1  2 

2,000  0  0 

11,500  0  0 

£70,500  0  0 


cost  1  per  cent,  advance, 
lA  do. 

2  do. 

2|  do. 

3^  do. 

4  do. 


Deduct  fractions  rejected  in  tiie  purcliase, 


Applied  to  remittances,    - 
Paid  agents  for  commissions, 


Warrants  issued  in  the  year  1809.  on  account  of  the  interest  on  tiie  Louisiana  six  per  cent,  stock,  as 


per  statement  C, 


G.  906,066  12     8 
£70,500     0     0 


Remittances  cost. 


Loss  arising  on  remittances. 

at  jiar, 
do. 


- 

160,000  00 

$51,397  74 

9,022  22 

144,703  73 

52,981   37 

9,200  00 

53,155  53 

$366,868  63 

$320,460  59 
9 

320,460  50 

- 

087,329  12 
1,733  66 

§689,067  78 

cent,  stock, as 

$689,067  78 

$302,426  65 
313,333  33 

675,759  98 
687,329   12 

$11,569   14 

Treasury  Department,  Register's  Office,  January  31,  1810. 


JOSEPH  NOURSE,  Register. 


E. 


Statement  of  repayments  made  into  the  Treasury,  during  the  year  1 

809,  on  account  of  the  Public  Debt. 

No.  of  war- 

Dates of  war- 

On whom  drawn. 

Principal. 

Damages  and 

Amount  of 

rants. 

rants. 

interest. 

warrants. 

1250, 

June  24, 

David  Lewis,  for  tlie  difterence  between  tlie 

amount  of  a  bill  of  exchange,  drawn  by  him 
on  Hope  and  Co.  and  what  was  paid  there- 

on, per  report  No.  21.697.    - 

93  20 

10  41 

103  61 

1251, 

June  24, 

Cranston,  Alexander,  and  Smith,  for  cost  of 
protest,  on   four   bills   of  excliange   drawn 
by  them  under  arrangement  that  they  were 
not  to  be  paid  for  at  the  treasuiy  until  paid 

in  Holland,  per  report  No.  21,698,  - 

- 

40  75 

40  75 

$93  20 

$51    16 

$144  36 

Treasury  Department,  Register's  Office,  January  31,  1810. 


JOSEPH  NOURSE,  Register. 


402  FINANCE.  [1810. 


F. 

^n  estimate  of  the  application,  made  in  the  year  1809,  of  the  funds  provided  for  the  payment  of  the  Principal 

aiid  interest  of  the  Public  Debt. 

I.  On  account  of  the  Principal. 

1.  Reimbursement  of  six  per  cent,  and  deferred  stocks,  estimated  at    -  -         $1,330,695  50 

2.  Ditto  of  exchanged  six  per  cent,  stock,  ...  3,242,21824 

3.  Ditto  of  the  unfunded  registered  debt,  including  arrearages 

of  interest,  -  -  -  -  -  $258  11 

Reimbursement  of  debts  due  to  foreign  officers,  including      ditto,  13,307  41 


13,565  52 
4.  Of  the  foreign  debt,  viz: 

Last  instalment  of  the  loan  of  3,000,000  guilders,  of  Jan.  1, 1794,  Gs.  600,000,at  40  cts.    240,000  00 


II.   On  account  of  Interest  and  Charges. 

1.  Interest  on  the  domestic  funded  debt,  estimated  for  1809,  at  -  -         $2,177,154  40 

2.  Interest  on  Louisiana  stock,  domesticated,  -  -  .  .  4,050  00 

3.  Interest  and  charges  on  foreign  debt,  viz: 

Interest  on  exchanged  and  converted  stocks,  payable  in  London  and 

Amsterdam.        -  -  -  -  -     $34,616  56 

On  Dutch  debt,  at  Amsterdam— Interest,      G.  30,000 

Charges,  620 


$3,826,479  36 


G.  C0,620  at  40  cents,  12,248  00 

On  Louisiana  stock,  in  London  and  Amsterdam,  interest  and  charges,    674,400  00 

$721,264  56 
Loss  in  exchange,  per  statement  D,  herewith,  -  -  11,569  14 

Commissions  to  agents  in  America,  for  purchasing  bills,  -  1.738  66 


734,572  36 


2,915,776  76 
$6,742,256  03 


G. 

An  estimate  of  the  funds  provided,  before  the  \st  January,  1810,  for  the  payment  of  principal  and  interest  of  the 

public  debt  falling  due  after  that  day. 

I.   On  account  of  the  Foreign  Debt. 

Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  on  31st  Dec.  1808,  per  preceding  statement  B,  $656,588  1 1 
The  remittances  made  during  the  year  1809,  per  preceding  statement  D.  are  as  lollow.  A'iz: 

To  Amsterdam,  -  -  -  Gi«7(/eAS,  906,066.12.8 

Of  which  there  was  protested  for  non-payment,  233.00.0 


Guilders,  905,833.12.8  at  40  cts.        $362,333  45 
To  London,        ....  ^670,500  at  4s.  6f/.  313,33333 


675,666  78 


Total  to  be  accounted  for,     -               -               -  -           $1,332,254  89 

The  amount  applied  during  the  year  1809,  per  preceding  estimate  F,  is  calculated  to 

have  been— For  principal,           ......  $240,000  00 

For  interest  and  charges,        .               .               .               -               .  721,264  56 


961,264  56 


The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may,  therefore,  be  es- 
timated, on  the  31st  December,  1809,  to  be  -  -  -  -  -  -        370,990  33 

The  amount  of  protested  bills  outstanding  on  the  same  day,  was,  as  per  last  annua!  report — 

Balance  unrecovered  of  A.  Brown's,  and  Brown  and  Hackman's  bills,  for  120,000  guilders,  -  13,357  00 


$384,347  33 


II.  From  which  deduct,  on  account  of  the  domestic  funded  debt, 

For  unclaimed  dividends,  demandable  at  the  treasury,  and  not  yet  advanced  to  the  bank  for  pay- 
ment to  the  creditors,  estimated  at  -  -  -  '  -  -  -  23,894  70 


$361,452  63 


1810.] 


THE   SINKING  FUND. 


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404  FINANCE.  [1810. 


I. 

Statement  of  moneys  arising  from  interest  on  stock  transferred  to  the  United  States,  being  the  amount  drawn  by 
the  agent  to  the  trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  1809,  pursuant  to  the  act  of  8th 
May,  1792,  agreeably  to  stalements  made  at  the  Treasury. 

1809,  March  28.  Warrant  No.  1,034,  per  treasury  statement,  No.  22.021,  -           -           -  $229,043  43 

''  June     27.             do.  1,301,                    do.                                do.  ...  229,253  43 

"  Sept.     22.            do.  1,615,                    do.                                 do.  ...  228,833  43 

"  Dec.     23.            do.  1,860,                   do.                           22,313,  -            -            -  747,643  43 

$1.434,773  72 

Treasury  Department,  Register'' s  Office.  January  31,  1810. 

JOSEPH  NOURSE,  Register. 

K. 

Statement  of  moneys  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  Public  Debt,  in  the  year  1809, 
being  an  account  of  moneys  received  into  the  treasury  from  sales  of  public  lands,  pursuant  to  the  act  of  the  3d 
March,  1795,  agreeably  to  statements  made  at  the  Treasury. 

1809,  December  23.     Warrant  No.  1,859,  per  treasuiy  statement,  No.  22,313,         -  -  -         $462,395  23 

Treasury  Department,  Register's  Office,  January  31,  1810. 

JOSEPH  NOURSE,  Register. 


At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  iield  on  the  18th  March,  1809: 

Present:  Robert  Smith,  Secretary  of  State. 

Albert  Gallatin,  Secretary  of  the  Treasury. 
C.  A.  Rodxey,  .Attorney  Genercd.  U.  S. 

The  Secretary  of  the  Treasury  laid  before  tlie  Board  a  report,  dated  the  18th  day  of  March,  1809,  which  was 

read,  and  is  as  follows,  viz: 

That  tlicre  was  paid,  during  the  year  1808,  in  order  to  complete  the  reimbursement  of  the  eight  per  cent,  stock,  a 

sum  of  -  -  -  --..".-  "  "  '  ■  -  1,547,000 

In  advance,  and  on  account  of  the  annual  appropriation  of       ..---..  8,000,000 

On  account  of  the  public  debt  for  the  year  1809.  lipaving  a  sum  of         -----  $6,453,000 

Wliich  must,  in  conformity  witli  existing  laws,  be  applied,  during  the  present  year,  to  the  payment  of 

the  principal  and  interest  of  the  public  tlebt. 
That  the  payments  to  be  made  during  tlie  present  year,  on  account  of  the  interest  on  the  debt,  in- 
cluding the  annual  reimbursement  of  the  six  per  cent,  and  deferred  stocks,  were  estimated  at  4,220,000 

Leaving  a  sum  of  ---------  -  $2.227,000 

Which,  the  market  price  of  stocks  being  above  the  rate  fixed  by  law  for  purciiases,  can  only  be  applied  to 
the  reimbursement  of  the  exchanged  six  per  cent,  stock,  in  conformity  with  the  provisions  of  the  act,  supplementary 
to  the  act,  entitled  "An  act  making  provision  for  the  redemption  of  the  whole  of  the  public  debt  ot  the  United 


And  that,  considering  the  probable  amount  of  receipts  and  expenditures  during  the  present  year,  it  is  not  be- 
lieved that  all  the  demands  on  the  treasury,  including  the  abovementioned  sum  of  $2,237,000,  can  be  discharged,  un- 
less a  loan  be  obtained  equal  to  the  amount  of  the  principal  of  the  public  debt  thus  reimbursed. 
Whereupon, 
Resolved,  That  a  sum  not  exceeding  $2,250,000  be  applied,  during  tlie  present  year,  to  the  reimbursement  of  the 
principal  of  the  exchanged  six  per  cent,  stock,  in  conformity  with  the  provisions  of  the  act  last  abovementioned. 
Resolved,  That  the  Secretary  of  the  Treasury  be  authorized,  with  the  approbation  of  the  President  of  the  United 
States,  to  borrow  a  sum  equal  to  that  of  the  principal  of  the  public  debt  which  may  be  thus  reimbursed,  in  conformity 
with  the  provisions  of  tlie  tenth  section  of  the  act,  entitled  "An  act  making  further  provision  for  the  support  of 
public  credit,  and  for  the  redemption  of  the  public  debt.*' 

R.  SMITH,  Secretary  of  State. 
ALBERT  GALLATIN.  Secretary  of  the  Treasury. 
C.  A.  RODNEY,  .Attorney  General  U.  S. 
Attest, 
Edward  Jones,  Sec-ry  to  the, Commissioners  of  the  Sinking  Fund. 


11th  CoxGRESs.]  No.    314.  [2d   Sessiok. 


MEDITERRANEAN    FUND. 

communicated   to   the   senate,    FEBRUARY    19,    1810. 

To  the  Senate  of  the  United  States: 

I  transmit  a  report  of  the  Secretary  of  the  Treasury,  complying  with  their  resolution  of  the  12th  instant. 

JAMES  MADISON. 

February  17,  1810. 

Treasury  Department,  February  16,  1610. 
Sir: 

I  have  the  honor  to  enclose  two  statements,  prepared  in  obedience  to  the  resolution  of  the  Senate,  of  the  12th 
instant. 

I  have  the  honor  to  be,  with  the  highest  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  President  qf  the  United  States. 


1810.] 


THE    M  E  n  I  T  E  RR  A  N  E  A  N  F  U  N  D. 


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406 


FINANCE. 


[1810 


B. 

Statement  showing  the  amount  of  duties  which  accrued  on  merchandise  imported  into  the  United  States  from  ports 
on  the  Mediterranean,  for  each  of  the  years  ending  on  the  30/A  of  September,  1805,  1806,  1807,  and  1808. 


1805. 

1806. 

1807. 

1808. 

Total. 

From  Gibraltar,       ------ 

French  European  ports  on  the  Mediterranean, 

Spanish        do.                   do               do. 

Italy,              -            -            -            -            -  .    .     - 

Trieste,  and  other  Austrian  ports  on  the  Adriatic, 
Turkey,  Levant,  and  Egypt, 
(a)  Morocco  and  Barbary  States,           ..           .           - 

$8,028 
230,162 
409,403 
191,714 

16,207 
7,333 

«4,148 
190,551 
411,614 
263,833 

93,927 
6,665 

$6,999 

322,097 

462,757 

251,507 

49,491 

17,984 

4,272 

$15,344 

225,366 

245,601 

147,930 

50,783 

389 

2,724 

$34,519 

968,176 

1,529,375 

854,984 

210,408 

32,371 

6,996 

Total,            -           Dollars, 

863,847 

970,738 

1,115,107 

688.137 

3,636,829 

This  statement  shows  tiie  gross  amount  of  duties,  without  deducting  the  drawbacks  on  account  of  re-exportations 
of  the  same  articles.  These  could  not  be  abstracted  without  recurring  to  all  the  accounts  of  the  collectors  for  draw- 
backs paid,  and  much  labor  and  delay. 

A.  G. 


(a. )  Including  tlie  ports  of  Morocco,  on  the  Atlantic. 

Treasury  Department,  Register'' s  Office,  February  15,  1810. 


JOSEPH  NOURSE,  ^eg-is/er. 


11th  Congress.] 


No.  315. 


[2d   Sessiox. 


BANK    OF    THE    UNITED    STATES. 

COMMirNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,   FEBRUARY  19,   1810. 

Mr.  Montgomery,  from  the  committee  to  whom  was  referred  the  petition  of  the  stockholders  of  the  Bank  of  the 

United  States,  made  the  following  report: 

That,  in  proceeding  to  the  consideration  of  the  said  petition,  your  committee  instructed  their  chairman  to  ad  - 
dress  a  letter  to  the  Secretary  of  the  Treasury,  requesting  him  to  furnish  such  information  or  observations  as  he 
might  think  proper,  in  relation  to  the  subject  matter  thereof,  as  connected  with  the  financial  and  commercial  inter- 
ests of  the  United  States.  In  reply  to  which,  the  Secretary,  by  his  letter  to  tiie  chairman,  referred  your  committee 
to  his  former  report  on  the  said  subject,  made  to  the  Senate  of  the  United  States,  in  obedience  to  the  order  of  that 

House.  . 

Your  committee  have  been  attended  by  agents  of  the  petitioners,  who,  in  addition  to  the  matters  contained  in  the 
petition,  have  suggested  to  your  committee  that  the  object  of  the  petitioners  was  to  obtain  the  renewal  of  the  char- 
ter in  its  present  form;  that,  for  this  renewal,  the  bank  is  willing  to  make  compensation, either  by  loans,  at  a  rate  of 
interest,  or  by  a  sum  of  money  to  be  agreed  upon,  or  by  an  increase  of  the  capital  stock,  by  a  number  of  shares  to  be 
taken  and  subscribed  for  by  the  United  States,  to  an  amount  adequate  to  the  compensation  to  be  agreed  upon  for 

such  renewal.  ,     •      i       .  i         ™- 

These  agents  also  suggested,  that  they  were  fully  authorized  and  empowered  to  offer  and  conclude  the  terms, 
specifically  connected  with  those  propositions. 

Your  committee  not  feeling  themselves  authorized  to  enter  into  such  terms,  and  judging  that  the  extent  of  those 
..  opositions  would  better  apply  to  the  details  of  a  bill,  than  to  the  adoption  of  a  principle  to  be  first  settled  by  the 
louse,  have,  therefore,  foreborne  to  inquire  into  the  extent  of  the  propositions,  and,  without  expressing  an  approba- 
tion or  rejection  of  these  offers,  or  giving  an  opinion  as  to  the  plan  and  reasoning  of  the  Secretary  of  the  Treasury, 
your  committee,  in  order  that  the  opinion  of  the  House  on  this  great  national  question  may  be  declared  previous  to 
entering  into  the  details  connected  with  the  subject,  recommend  the  following  resolution: 

Resolved,  That  it  is  proper  to  make  provision  for  continuing  the  establishment  of  the  Bank  of  the  United  States, 
witli  offices  of  discount  and  deposite,  under  the  regulations  necessary  for  the  beneficial  administration  of  the  national 
finances,  during  such  time,  and  on  such  conditions,  as  may  be  defined  by  law. 


? 


11th  Congress.] 


No.  316. 


[2d  Sessigi*. 


ALLOWANCE   OF   DRAWBACK. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  21,    1810.  ' 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  George 

Armroyd  and  Co.  made  the  following  report: 

The  petitioners  state  that,  on  the  10th  of  July,  1807,  certain  goods,  wares,  and  merchandise,  were  imported  in 
the  schooner  Christianstadt,  into  the  United  States,  viz.  at  Wilmington,  in  the  district  of  Delaware,  and  that  the 
same  were  afterwards  transported,  coastwise,  in  the  sloops  Carolina  and  Ann,  to  Philadelphia. 


1810.]  ALLOWANCE   OF   DRAWBACK.  497 


That,  on  the  3d  day  of  October,  1809,  Mr.  Percival,  one  of  tlie  partners  of  tlie  firm,  made  application,  at  the  cus- 
tom house  ot  Philadelphia,  to  know  whether  the  merchandise  was  then  entitled  to  drawback:  the  deputy  collector 
and  naval  officer,  on  examination,  determined  that  the  merchandise  was  entitleil  to  the  drawback,  and  would  con- 
tinue so  if  shipped  on  the  3d  or  Itii  of  October. 

Tiiat,  on  the  3d  of  October,  the  merchandise  was  shipped  for  a  foreign  port,  after  having  previously  obtained  the 
export  permits.  The  petitioners  further  state,  that,  at  the  usual  peiioil,  certificates  for  debentures  were  issued,  sub- 
scribed by  the  deputy  collector  and  naval  officers,  and  delivered  to  the  petitioners,  to  enable  them  to  receive  from 
the  collector  at  Wilmington,  the  ainuuiit  of  th;'  drawback,  and  th;if,  on  the  application  of  the  petitioners  to  the  col- 
lector of  Wilminston,  for  the  amount  of  the  debentures,  he  refused  to  pay  the  same,  allegiiis  as  a  reason  that  the 
merchandise  had  been  too  long  within  the  United  States  to  be  entitled  to  the  drawback  of'^du'ties.  All  the  facts  set 
forth  in  this  statement  are  supported  by  custom  house  certificates.  Two  letters,  one  from  the  Comptroller  of  the 
Treasury,  and  the  other  from  the  deputy  collector  of  the  custom  house  at  Philadelphia,  accompany  the  petition.  By 
the  computation  of  the  Comptroller,  the  time  during  which  the  merchandise  was  entitled  to  a  drawback  had  expired 
by  a  day,  but,  from  the  calculation  made  by  the  deputy  collector  and  naval  ofiicer  of  Philadelphia,  the  exportation 
took  place  two  days  within  the  period  allowed  for  traii-shipmeiits  of   merchandise  with  benefit  of  drawback. 

The  committee  are  of  opinion,  that  the  drawback  of  duties  in  this  case,  as  made  out  by  George  Arinroyd  and 
company,  ought  to  be  allowed,  inasmuch  as  they  were  induced  to  make  the  shipment  of  merchandise  for  a  foreign 
market,  under  a  conviction  that  the  same  was  entitled  to  the  allowance  of  a  drawback  of  duties,  by  the  decision 'of 
the  deputy  collector  and  naval  officer  of  the  custom  house  at  Philadelphia,  whose  province  it  is  to  superintend  im- 
portations and  exportations  of  merchandise. 

The  committee  are  disposed  to  exact  a  strict  compliance  with  law,  in  matters  of  great  public  concern,  when  the 
party  acts  spontaneously,  or  from  advice  of  persons  not  clothed  with  the  insignia  of  ottice;  but,  under  the  circum- 
stances of  this  case,  they  do  not  admit  that  it  comports  either  with  the  honor  or  justice  of  the  National  Lcislature 
to  take  advantage  of  an  error,  if  error  it  be,  committed  by  citizens  acting  in  conformity  to  the  decision  of  its'  author- 
ized agents.  It  appears,  from  the  documents  before  the  committee,  that  George  Arinroyd  and  Co.  would  never  have 
exported  the  merchandise,  had  they  not  been  previously  assured,  by  the  propiT  authority,  that  the  drawback  of  duties 
would  be  allowed.  The  difficulty  in  this  case  arises  in  a  great  measure  in  the  three  followiiis  circumstances:  1st! 
The  time  allowed  for  the  exportation,  with  an  allowance  of  the  drawback,  being  made  up  of  parts  of  dif!erent  years'. 
2d.  The  deduction  of  the  time  during  which  the  embaigo  was  in  force,  viz:  from  the  'J-Jd  of  December  1807  to  the 
15th  of  March,  1809.    And  3dly.   The  intervention  of  lean  year.  ' 

The  committee  are  not  disposed  to  rest  the  claim  of  the  parties  to  the  justice  of  the  National  Legislature  on  ei- 
ther of  the  three  points  statetl. 

Their  decision  is  founded  on  the  official  acts  of  the  deputy  collector  and  naval  officer  of  the  port  of  Philadelphia. 
The  letter  of  Mr.  Graft",  the  deputy  collector,  clearly  proves  that  the  petitioners  acted  fairly,  and  in  strict  conformity 
to  the  usage  of  the  custom  house. 

Though  the  committee.make  their  decision  in  favor  of  the  parties,  on  the  grounds  stated,  yet,  they  are  satisfied  it 
might  be  made  to  depend,  with  great  propriety,  on  the  other  points.  The  calculation  of  the  Comptroller  of  the 
Treasury,  contained  in  his  letter,  to  which  the  committee  i)eg  leave  to  refer,  differs  from  that  made  by  officers  of  the 
customs  at  least  by  a  day.  According  to  strict  and  fair  computation,  it  appears  that  the  additional  day  in  leap  year 
should  be  given  as  a  day  of  grace  to  tlie  petitioners.  If  there  had  been  no  embargo,  part  of  leap  year  would  have 
been  computed  in  the  time  allowed  for  the  expiutation  with  benefit  of  lirawback.  It  never  was  the  intention  of  the 
Legislature  to  narrow  the  privilege  of  exportation  with  the  allowance  of  drawback  of  duties,  existing  at  tlie  time  the 
embargo  was  laid,  as  is  elearly  evinced  by  the  passage  of  tlie  law,  to  prevent  the  time,  during  wliah  the  embargo 
should  be  in  force,  beingcomputed  as  making  part  of  the  term  of  twelve  calendar  months,  during  which,  goods,  wares, 
or  merchandise,  imported  into  the  United  States,  must  be  exported,  in  order  to  be  entitled  to  a  drawback  of  the 
duties  paid  on  the  importation.  If  there  had  been  no  suspension  of  foreign  trade,  the  impression  on  the  committee 
from  the  statement  of  the  deputy  collector,  Mr.  Graft',  is,  that  the  additional  day  would  have  been  allowed  to  the 
petitioners. 

From  this  view  of  the  case,  the  committee  respectfully  submit  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioners  is  reasonable,  and  ought  to  be  granted. 


Treasury  Department,  Comptroller'' s  Office,  December  8,  1809. 
Sir: 

Your  letter  of  the  fourth,  with  one  from  Mr.  Graft",  relative  to  an  exportation  of  merchandise  imported  into 
the  district  of  Delaware,  and  exported  from  Philadelphia,  is  received. 

The  collector  of  Delaware  has  been  informed  that  the  exportation  was  not  made  in  time,  and  therefore,  that  the 
merchandise  was  not  entitled  to  drawback. 

The  date  of  importation  was  the  10th  of  .July,  1807,  and  the  export  entry  was  on  the  3d  of  October,  1809.  Includ- 
ing the  day  of  importation  and  that  of  exportation,  and  excluding  the  time  that  the  embargo  was  in  force,  there  will 
remain  3G6  days. 

Now,  as  3G6  days  are  made  up  of  parts  of  the  years  1807  and  1809,  and  the  intermediate  was  leap  year,  there  can 
be  no  question  but  that  the  goods  were  exported  too  late  by  one  day.  The  law  requires  that  an  exportation  for  draw- 
backs shall  be  made  in  twelve  calendar  months,  and  those  months  will  always  be  comprehended  in  365  days,  except 
in  leap  year,  in  which  366  days  are  contained. 

Enclosed  is  a  copy  of  the  calculation  made  at  the  treasury. 

I  am,  sir,  respectfully,  your  obedient  servant, 

G.  DUVALL. 


John  Steele,  Esq. 


Imported  lOth  July,  1807 


July, 

August, 

September, 

October, 

November, 

December, 


1809.  March, 
April, 
May, 
June, 
July, 
August, 
September, 
October, 


Days, 

. 

21 

- 

31 

- 

30 

- 

31 

- 

30 

- 

21 

164 

16 

30 

31 

30 

31 

31 

30 

3 

202 
366 


403  FINANCE.  [1810. 


Philadelphia,  December  4,  1809. 

Sir: 

On  the  3(1  of  October  last,  whilst  yet  acting  as  your  deputy,  Mr.  Perciva!,  of  the  house  of  George  Armroyd 
and  company,  came  to  your  office,  (you  were  just  then  absent)  and  asked  me  whether  goods  imported  on  the  10th  of 
July,  1807,  were  entitled  to  drawback,  and  when  the  time  would  expire.  There  was  a  considerable  press  of  busi- 
ness at  the'tiine,  and  I  asked  him,  have  you  tried  the  time,  and  do  vou  say  they  are  entitled  to  drawback?  He  an- 
swered he  had,  and  that  they  were  entitled  thereto.  I  think  I  replied,  if  you  are  sure,  there  is  no  occasion  for  me 
to  try;  make  out  your  entries,  and  get  permit  to  ship  your  goods.  He  answered,  that  he  wished  me  to  examine,  as  a 
little  while  past  I  had  declared  the  time  to  have  expired  in  I  he  case  of  scmie  other  goods,  when  he  thought  they  were  en- 
titled to  drawback.  I  did  try,  and  made  the  time  to  expire  on  the  3d  or  4th;  at  same  time,  I  gave  the  date  to  the 
deputy  naval  officer,  and  he  agreed  with  me.  He  said  they  were  ready  to  ship  the  goods  then,  but  the  vessel  was  in 
the  hands  oi"the  carpenters,  aiid  as  there  appeared  some  time  to  spare,  and  the  goods  could  be  laden  on  board  in  a 
few  hours,  they  did  not  take  out  the  export  permit  until  the  following  day;  and  had  I  not,  on  the  solemn  declaration 
1  had  taken,  not  to  suffer  the  revenue  of  the  United  States  to  be  defrauded,  been  satisfied  the  goods  were  entitled  to 
drawback,  I  never  would  have  issued  the  permits,  qualified  the  exporter  to  his  entries,  suffered  the  export  bonds  to 
be  signed,  and  then  have  issued  the  certificates  to  obtain  the  brawback  in  Delaware  district,  all  which  has  been  done. 
The  deputy  naval  officer,  under  like  conviction,  did  sign  the  export  permit  and  certificate  No.  2.  I  feel  much  con- 
cern to  find  that  the  collector  of  Delaware  has  refused  to  issue  the  debentures,  and  that  the  certificates  No.  2,  have 
been  leturned.  This,  I  believe,  is  the  only  act  of  mine,  since  you  have  been  in  office,  wliich  is  likely  to  give  you 
trouble;  and  I  regret  it  more  particularly,  that  it  should  have  happened  (»n  the  eve  of  my  declining  my  situation  as 
your  deputy.  The  bonds  were  signed  on  the  5th,  of  course.  The  certificates  were  of  that  date,  in  order  to  enable 
the  collector  to  know  when  the  debentures  ought  to  be  made  payable.  I  am  not  yet  convinced  that  these  goods  are 
not  legally  entitled  to  drawback.  What  says  the  law.''  vol.  4,  sec.  75,  page  395.  "Drawbacks  shall  be  allowed  and 
paid  on  all  goods,  wares,  and  merchandise,  imported  into  the  United  States,  whereupon  the  duties  shall  have  been 
paiiU  or  secured  to  be  paid,  as,  within  twelve  calendar  months  nftev  payment  or  secwnVf/ given,  shall  be  exported  to 
any  foreign  port  or  place,"  &c.  The  collector  of  Delaware  makes  twelve  calendar  months  to  consist  of  365  days. 
They  sometimes  contain  366  days.  But,  sir,  the  law  has  always  been  construed  so  as  to  take  in  the  date  of  the 
month  of  importation,  of  the  following  year,  \\x.  Goods  imported  on  the  10th  of  July,  in  one  year,  if  shipped  on  the 
10th  of  .luly,  in  the  following,  have  :\lways  received  the  drawback.  Your  books  will  show  many  instances  of  this 
kind,  and  no  demur  has  ever  been  made  at  the  treasury.  The  law  does  not  say  within  one  year  from  the  date  of 
importation,  but  within  twelve  calendar  months  after  payment,  &c.  A  question  would  here  arise,  which  I  believe 
has  never  been  agitated,  when  the  twelve  calendar  months  legally  expire.  A  imports  goods  in  a  vessel  entered  at 
the  custom  house  on  the  10th  of  July,  1809;  he  enters  his  goods  on  the  15th,  and  pays  the  duties.  B  has  goods  in 
the  same  vessel,  and  he  secures  the  duties  on  the  20th.  Quere.  Do  the  twelve  calendar  months  expire  on  the  15th. 
20th,  or  Ihe  10th  of  July,  1810.?  But,  admitting  the  true  construction  of  the  law  to  be  after  the  date  of  importation, 
the  calculation  might  be  made  in  two  ways,  which  appear  to  be  just  and  legal— say,  in  this  case. 

After  the  lOfh  of  July,  1807,  to  31st  of  same  month, 
August,  Septemlier,  October,  November,     -  -  -  - 

To  December  21,       -  -  .  -  -  - 

After  15th  March,  to  31st  same  month,  1809, 
April,  May,  June,  July,  August,  September, 
October,  1st  to  3d,    ------- 

Say  ten  months  and  sixty -one  days,  -  _  -  . 

Or  thus,  which  is  according  to  common  usuage,  viz: 

Alter  10th  of  July,  to  10th  December,  1807, 

To  21st  December,    ■  --.--•■ 

After  15th  March,  to  15th  September,  1809, 

To  October  3d.  ._--..-- 


Eleven  months  and  twenty-nine  days.    This  appears  to  be  the  law;  it  does  not  say  365  or  366  days.     Suppose 
the  law  to  say  within  three  calendar  months/rom  the  date  of  importation. 

January  1st,  to  March  31st,  would  be  90  days  for  three  calendar  months;  February  1st,  to  April  30th,  would  be 
89  days  for  three  calendar  months;  March  1st,  to  May  31st,  would  be  92  days  for  three  calendar  months. 

The  collector  of  Delaware's  calculation  is  certainly  incorrect.     I  cannot  be  persuaded  but  that  the  exporters 
George  Armroyd  and  Co.  aie  legally  entitled    to  the  drawback  in  question,  and  I  respectfully  request  you  will  be 
ileasi  (1  to  lay  this  statement  before  G.  Duvall,  Esq.  Comptroller  of  the  Treasury,  who,  I  trust,  will,  under  the  pecu- 
.iar  circumstances  of  the  case,  and  giving  the  law  a  liberal  constructi(m,be  induced  toadmit  the  claim,  and  direct 
payment  thereof,  by  the  collector  of  uie  district  of  Delaware. 

Respectfully,  I  am,  sir,  your  obedient  servant, 

JOHN  GRAFF. 
John  Steele,  Esq.  Collector  of  the  district  of  Philadelphia. 


Months. 

Days. 

0 

21 

4 

0 

0 

21 

0 

16 

6 

0 

0 

3 

10 

61 

Mojiths. 

Days 

5 

00 

0 

11 

6 

00 

0 

18 

11 

29 

I 


1810.1  THE    MINT. 


409 


llth  Congress.]  ^^^    3I7_  [2d  Session. 


REMISSION   OF   FORFEITURE. 

COMMUNICATED  TO  THK   HOl'SE  OF  REPRESENTATIVES,  FEBRUARY  21,    1810. 

Mr.  Newton,  from  the  Conimittee  of  Coniinerce  and  Manufactures,  to  whom  was  referred  tlie  petition  of  William 
V^  .  ^\  eyniouth,  of  tiie  city  of  Richmond,  in  the  State  of  Virginia,  made  tlie  following  report: 

The  petitioner  states  that,  on  or  about  the  year  1803,  Mis.  Lucy  Redford,  widow  and  Executrix  of  James  Red- 
ford,  deceased,  of  Henrico  county,  in  the  State  of  Virginia,  authorized  the  petitioner  to  apprehend  a  negio  man. 
named  Oliver,  belonging  to  the  estate  of  the  said  James  Redford.  deceased,  and  who  was  supposed  to  be  livino-  iri 
New  York.  The  petitioner  states,  that  he  found  the  said  slave  in  New  York,  that  he  hail  him  apprehended,  ^nd 
proved,  to  the  satistaction  of  Jacob  I)elamonta°;nie,  one  of  the  justices  of  tlie  police  office,  in  tlie  said  city  of 'New 
York,  that  Oliver  was  a  fugitive  slave,  on  which  he  was  committed  to  the  custody  of  the  keeper  ol  bridewell:  (hat. 
on  or  about  the  3d  of  March.  1809,  the  said  slave  was  delivered  to  him,  to  be  removed  to  his  ovvner.  resi(liii"  in 
Virginia  aforesaid.  The  petitioner  further  states,  that,  at  the  time  last  mentioned,  he  was  master  of  theschoorier 
Weymouth,  bound  from  New  York  to  Richmond,  and  that  he  took  the  slave  on  board,  for  the  purpose  aforemen- 
tioned, and  set  sail  for  Richmond;  but  that,  before  he  cleared  the  harbor  of  New  York,  two  persons  came  on  board  • 
one  of  which  was  a  deputy  slierift;  and.  by  force  or  virtue  of  a  real  or  pretended  autliority,  took  the  saiil  slave  from 
the  vessel,  and  carried  him  back  to  the  city. 

The  petitioner  further  states,  that  he  has  been  arrested,  at  the  suit  of  the  United  States,  and  one  Isaac  Sherman. 
in  an  action  of  debt  for  the  penalty  of  one  thousand  dollars,  for  not  having,  previous  to  the  departure  of  the  schooner 
from  the  port  of  New  York,  made  out  and  subscribed  duplicate  manifests  of  having  such  slave  on  board,  accordin<' 
to  the  directions  of  the  ninth  section  of  the  act,  entitled  "  An  act  to  prohibit  the  importation  of  slaves  into  anv  port 


or  place  within  the  jurisdiction  of  the  United  States,  from  and  after  the  first  day  of  January,  in  the  year  1808." 

The  Committee  of  Commerce  and  Manufactures  do  not  hesitate  to  decide  in  favor  of  the  petitioner.  It  is  a  „_„^ 
clearly  made  out,  and  is  in  every  respect  entitled  to  the  same  relief  which  was  granted  to  Levin  Jones,  this  sessFon 
of  Congress.     As  the  cases  are  similar  in  principle,  though  differing  in  circumstances,  the  committee  beg  leave  to 


refer  to  the  report  made  in  tavor  of  Levin  Jones,  and  solicit  that  it  may  be  taken  as  part  of  this  report.* 
The  committee  recommend  the  adoption  of  the  following  resolution: 
Resolved.  That  leave  be  given  to  report  a  bill  for  the  relief  of  William  W.  Weymouth. 


•See  No.  310. 


llth  CoNC-nEss-l  No.  318.  [2d  S 


ESSION. 


MINT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  16,  1810. 

Treasury  Department,  March  15.  1810. 

I  have  the  iioiuir  to  transmit,  herewith,  a  letter  from  the  Comptioller  of  the  Treasury,  accompanied  with  sundry 
statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "An  act  establishing  the  mint,  and  regulat- 
ing the  coins  of  the  United  States."  passed  on  the  2d  ot  April,  1793. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department.  Comptroller's  Office,  March  14,  1810. 
Sir: 

The  statements  herewith,  marked  A,  B,  and  C,  have  been  prepared  pursuant  to  the  seventh  section  of  an  act 
of  Congress,  passed  2d  of  April,  1792,  entitled  "'  An  act  establishing  a  miiit,  and  regulating  the  coins  of  the  United 
States.'"  They  contain  all  the  information  relative  to  the  transactions  of  the  mint,  which  the  settlements  made  at 
the  treasury  enable  me  to  give. 

I  have  the  honor  to  be.  sir.  with  great  respect,  your  obedient  servant. 

G.  DUVALL. 
Albert  Gallatin.  Esq. 


410 


FINANCE. 


[1810. 


Statement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  of  the  Mint  on  the  Z\st 
December,  1808;  the  amount  of  deposites  from  1st  January  to  3\st  December,  1809;  the  different  species  of  Coins 
made  and  paid  on  account  of  deposites;  allowance  for  tvastage,  and  the  bcdance  remaining  in  the  hands  of  the 
officers  of  the  Mint,  on  the  said  31s/  December,  1809;  to  be  accounted  for  on  a  future  settlement. 


Ounces.  Dwt. 

Gr. 

Dollars.     Cts.   M. 

Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the 
mint  December  31,  1808,     ------- 

Gold  bullion  deposited  from  1st  January  to  31st  December.  1809, 

124 
12,149 

07 
10 

18 
12 

2,209 
215,991 

86 
45 

5 
5 

12,273 

18 

06 

218,201 

32 

0 

Amount  paid  for  deposites  of  gold  from  the  1st  Januaiy  to  the  31st  Decem- 
ber, 1809,      

Add  gold  coins  in  the  hands  of  the  treasurer  of  the  mint,  31st  December, 
1809,              --------- 

9,527 
2,712 

34 

06 
09 

02 

21 

06 

03 

171,417 
21,576 

00 
71 

5 
5 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  Bank  of  the  United 
States  on  31st  December,  1808, 

192,993 
23,618 

73 
72 

0 
0 

169,375 

00 

0 

Gold  coins  made  at  the  mint  from  1st  January  to  31st  December,  1809,  viz: 

Half  eagles,  33,875.     Weight  and  value,                 .            -            -            - 

Gold  bullion  in  the  hands  of  the  officers  ot  the  mmt  on  31st  December,  1809, 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  gold  in 

the  year  1809,           -------- 

169,375 
48,219 

606 

00 
99 

33 

0 
0 

0 

As  above. 

12,273 

18 

06 

218,201 

32 

0 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the 
mint  on  31st  December,  1808,          .....'. 
Silver  bullion  deposited  from  1st  January  to  31st  December,  1809,    - 

192,023 
473,891 

15 

02 

06 
00 

221,565 
546,797 

06 
30 

0 
5 

665.914 

17 

06 

768.362 

36 

5 

Amount  paid  for  deposites  of  silver  from  1st  January  to  31st  December,  1809, 
Add  silver  coins  in  the  hands  of  the  treasurer  of  the  mint  on  the  31st  De- 
cember, 1809,            -..-.--. 

613,054 

50,762 

2,097 

04 
17 
15 

00 
23 
07 

692,089 
26,978 

40 
50 

5 
0 

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  Bank  of  the  United 
States  on  31st  December,  1808,       ------ 

719,067 
11,691 

90 
90 

5 
5 

707,376 

00 

0 

Silver  coins  made  at  the  mint  from  1st  January  to  31st  December,  1809, 
viz:  Half  dollars,  1,405,810.    Dimes,  44,710.     Weight  and  value. 

Silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  the  31st  December, 
1809, -          .•             -.           - 

Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  coinage  of  silver  in 
the  year  1809,          ...----. 

707,376 

58,565 

2,420 

00 

87 
49 

0 
0 
5 

As  above, 

665,914 

17 

06 

768,362 

36 

5 

Comptroller's  Office,  February  28,  1810. 


ANDREW  ROSS,  Clerk. 


1810.] 


THE   MINT. 


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FINANCE. 


[1810. 


C. 

Summary  statement  exhibiting  the  value  of  coins  made  at  the  mint;  the  amount  of  disbursements  on  account  of  the 
establishment;  the  amount  allowed  for  ivastage;  the  amount  retained  ofdeposites;  and  the  amount  gained  on  the 
coinage  of  copper,  from  the  commencement  of  the  institution  to  the.  Slst  December,  1809. 


Value  oi'gold,  silver,  and  copper  coins  made  at  the  mint,  to  Slst  December,  1808, 
Do.  of  gold  coins  made  from  1st  January,  to  Slst  December,  per  account  herewith, 

marked  A,  -  -  -  -  "t.",  'j" 

Do.  of  silver  coins  made  fnmi  1st  January  to  Slst  December,  per  said  account. 

herewith,      -  -  -  -  -  "r.',  '  "," 

Do.  of  copper  coins  made  from  1st  January  to  Slst  December,  per  account  here- 
with, marked  B,      -----■-■- 
Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  Slst  December,  1808, 

per  account  rendered,         -  -  -  -  '.  ' 

Add  amount  gained  on  the  coinage  of  copper,  to  the  same  period,     - 

From  the  above  deduct  amount  of  wastage  on  gold  and  silver  to  the  same 

period,  viz.  -  -  -        .     -  -  -     $28,572  28.5 

To  the  above  add  the  amount  retained  from  deposites,  -  -         S,745  50 

Add  amount  disbursed,  on  account  of  the  establishment,  from  the  1st  Januaiy  to 
Slst  December,  1809,       -  -  ..---. 

Add,  also,  amount  of  wastage  on  gold  and  silver  to  the  Slst  December,  1808, 
Do.  from  1st  January  to  Slst  December,  1809, 

From  the  above  deduct  the  amount  retained  from  deposites,  to  Slst  Decem- 
ber, 1808,      -------      $3,745  50 

Also,  amount  retained  from  1st  January  to  Slst  December,  1809,     -  126  SS.5 


Deduct  amount  gained  on  the  coinage  of  copper,  from  the  commencement  of  the 
institution  to  the  Slst  December,  1809.  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the  com- 
mencement of  the  institution  to  the  Slit  December,  1809,  mduding  the  cost  of 
lots,  buildings,  machinery,  &c.      -  -  -  - - - - 


$7,461,259  03 


$169,375  00 

707,376  00 

8,136   18 


328,809  10.5 
34,705  79 


363,514  89.5 


24,826  78.5 


28,573  28.5 
3,026  82.5 


31,599   11 


3,871   83.5 


884,887  18 


5,346,146  21 


[338,688  11 
20,998  91 


27,727  27.5 


387,414  29.5 
37,331  52.5 


$350,082  77 


Comptroller's  Office,  March  3,  1810. 


ANDREW  ROSS,  Clerk. 


11th  COKGRESS.] 


No.  319. 


[2d  Session. 


LOANS   AND   ADDITIONAL   DUTIES   ON   IMPORTS. 

COMMUNICAIED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  21,   1810. 

January  8th,  1810. 

Sir: 

Having  stated,  in  your  several  reports,  that  loans  would  constitute  the  principal  resource  of  the  United  States 

for  defraying  extraordinary  expenses,  the  Committee  of  Ways  and  Means  nave  instructed  me  to  request  that  you 
will  report  your  opinion  as  to  the  most  eligible  mode  of  obtaining  money  by  loan;  keening  in  view,  both  the  facility 
of  borrowing  sums,  commensurate  with  tiie  exigencies  of  the  United  States,  and  the  ultimate  extinguishment  of  the 
debt  contracted. 

You  have  already  given  your  opinion  in  favor  of  an  increase  of  duties  on  importation.    To  what  extent  can  this 
be  carried  with  safety?   Can  any  other  resources,  except  taxes  and  loans,  be  relied  on,  for  immediate  revenue? 

I  have  the  honor  to  be,  with  respect,  your  most  obedient, 

JOHN  W.  EPPES. 
Albert  Gallatin,  Esq.  Secretary  of  the  Treasury. 


Treasury  Department, /e6rMo?'2/ 26,  1810. 
Sir: 

I  have  the  honor  to  submit  the  loilowing  observations  in  answer  to  the  several  objects  of  inquiry  embraced  by 
your  letter  of  the  8th  ultimo.  The  amount  of  extraordinary  expenses  which  may  be  authorized  by  Congress  being 
yet  unascertained,  it  is  not,  even  at  this  time,  practicable  to  state,  with  precision,  the  sum  which  may  be  wanted  on 
loan  for  tlie  service  of  this  year.  And,  in  relation  to  ensuing  years,  it  would  be  premature  to  lay  down  any  genera! 
rules  respecting  the  most  eligible  mode  of  borrowing  sums  of  money,  commensurate  with  the  exigencies  of  the 
United  States  in  case  of  war.  It  is,  therefore,  tliought  sufficient,  for  the  present,  to  point  out  some  of  the  most 
obvious  means  of  effecting  loans  generally,  leaving  it  a  subject  of  subsequent  consideration  to  decide,  according  to 
existing  circumstances,  on  the  most  eligible  mode,  and  on  the  arrangement  of  details. 


18IG.]  LOANS    AND    ADDITIONAL    DUTIES    ON    IMPORTS.  413 


The  inquiries  of  the  Committee  of  Ways  and  Means  apply  to  the  three  following  points:  1st.  What  is  the 
most  eligible  mode  of  obtaining  money  by  loan,  keeping  in  view  botii  tiie  facility  of  borrowing  sums,  commensurate 
with  the  exigencies  of  the  United  States,  and  the  ultimate  extinguishment  of  the  debt  contracted.'  2dly.  To  \\hat 
extent  can  an  increase  of  duties  on  importation  be  carried  with  safety?  .3dly.  Can  any  other  resources,  besides 
taxes  and  loans,  be  relied  on  for  immediate  revemie.- 

I.OANS. 

1st.  The  commissioners  of  the  sinking  fund  will,  out  of  the  annual  appropriation  of  eight  millions  of  dollars  for 
the  payment  of  the  debt,  reimburse,  in  ISIO,  the  residue  of  tlie  exchanged  six  per  cent,  stock,  amounting  to 
$3,750,000,  and  in  1811,  the  whole  of  the  converted  six  per  cent,  stock,  amounting  to  $1,860,000  dollars.  It  is 
probable  tiiat  tlie  owners  of  those  two  species  of  stock  would  consent  to  re-loan  the  amount,  provided  it  was  made 
irredeemable  ibr  a  few  years. 

2d.  It  has  already  bceii  stated,  in  the  annual  report  of  November  5th,  1807,  referred  to  in  that  of  this  year, 
■'  tliat  the  several  banks  of  the  United  States  might  hiid  it  convenient,  as  the  iliminishetl  connnerce  of  the  country 
might  require  less  capital,  to  loan  to  Government  a  considerable  portion  of  their  capital  stock,  then  computed  at 
about  forty  millions  ot  dollars."  Such  temporary  loans  can  be  obtained  only  to  a  limited  amount,  but  they  are 
convenient  in  two  respects:  1st.  They  do  not  diminish  the  facility  of  obtaining  other  loans  from  individuals,  inas- 
much as  they  do  not  increase  the  amount  of  stock  at  market.  2dly.  Being  redeemable  at  will,  and  in  any  sums 
which  may  suit  the  convenience  of  Government,  interest  is  paid  only  as  long  as  the  money  is  wanted;  and  the  extin- 
guishment of  the  debt  contracted,  is  rendered  more  easy  and  certain. 

3d.  Loans  may  be  obtained   from  individuals    to  an  extent  commensurate  with  the  national  capital,  and  limited 
by  the  existing  demand  for  that  capital  for  private  purposes.     The  terms  must  vary  according  to  circumstances, 
always  giving  the  preference  to  the  most  simple  form  that  can  effect  the  object.     A  portion  of  tlie  public  lasids  may, 
perhaps,  if  necessary,  either  as  a  premium,  or  by  giving  an  option  to  subscribers,  be  advantageously  applied  in  facili 
tating  loans,  or  improving  tiieir  terms. 

■1th.  Treasury  notes,  bearing  interest,  and  payable  to  order,  one  year  after  date,  may  be  annually  issued,  to  a 
moderate  amount,  and  be  put  in  circulation,  both  through  the  medium  of  banks,  and  in  payment  of  supplies.  A 
portion  would  be  absorbed  during  the  year  by  the  payment  of  public  lands  and  reveime  bonds,  and  the  redemption 
of  the  residue  be  provided  for  by  the  loan  of  the  ensuing  year.  This  annual  anticipation  of  the  revenue,  though 
liable  to  abuse,  may,  if  kept  within  strict  bounds,  facilitate  both  the  collection  of  the  revenue  and  the  loans 
themselves. 

In  relation  to  the  extinguishment  of  the  debt  contracted,  those  wlio  borrow  can  do  nothing  more  than  to  provide 
and  pledge  funds  sufficient  for  that  object,  and  to  give  such  a  form  to  the  debt  as  may  not  impede  its  redemption. 
To  render  it  irretleemable  for  no  longer  lime  than  is  necessaiy  in  order  to  obtain  the  money.:  to  make  it  reimbursa- 
ble by  instalments,  at  fixed  periods;  nevei'  to  create,  for  the  sake  of  diminishingthe  annual  interest,  a  greater  nominal 
amount  of  stock  than  the  sum  actually  borrowed;  and  above  all,  never  to  incur  expenses  which  are  not  actually 
necessary  for  the  defence  or  welfare  of  the  country;  are  principles  essential  for  a  natioi!  w  hich  does  not  contemplate 
a  system  of  perpetual  and  increasing  debt.  But,  (or  its  actual  reimbursement,  we  must  principally  depend  on  the 
return  of  pi-osperous  circumstances,  on  the  growing  resources  of  the  country,  and  on  the  wisilom  of  our  successors. 
The  artificial  provisions  of  a  sinking  fund  may  always  be  rendered  inefficient  by  the  necessities  or  extravagance  of 
Government.  The  real  amount  of  a  national  debt  cannot  be  diminished,  unless  the  aggregate  of  revenue,  includ- 
ing the  funils  assigned  to  the  sinking  fund,  and  exclusively  of  new  hians,  exceeds  the  aggregate  of  expenditures, 
other  than  those  tor  the  payment  of  the  principal  ot  the  debt.  Favorable  circumstances,  and  arigid  economy  in  the 
current  expenses,  have  enabled  the  United  States  to  reimburse,  during  the  last  eight  years,  one  half  of  the  debt 
created  by  the  Revolutionary  war,  and  during  some  of  the  ensuing  years.  Similar  circumstances,  and  an  adherence 
TO  the  same  principles,  will  be  requisite  to  secure  the  actual  reimbursement  of  the  debt  which  it  maj'  now  be  neces- 
sary to  contiact.  But,  that  Government  will  possess  resources  amply  sufticient  for  that  object,  caimot  be  doubted. 
The  proceeds  of  the  public  lands  wouUl,  alone,  slo\vly,  perhaps,  but  certainly,  extinguish  a  much  gieaterdebt  than 
the  United  States  liave  it  now  in  their  power  to  create.  Anil  it  is  sufficiently  ascertained  that  the  national  wealth  of 
the  United  States,  and.  therefore,  the  means  of  raising  revenue,  increase  in  a  ratio  still  more  rapid  than  their  po- 
pulation— a  population  which  almost  doubles  every  twenty  years. 

These  considerations,  connected  with  others,  stated  at  large  in  the  annual  reports  of  November,  1807,  and  De- 
cember, 1808,  have  produced  a  conviction  that  loans  might,  without  ilanger,  be  resorted  to  as  the  principal  resource 
for  supporting  a  war.  Permit  me,  at  the  same  time,  to  observe,  that  the  su.ggestion  has  been  confined  to  that  ob- 
ject alone,  and  that,  excepting  the  case  of  war,  either  immediate  or  contemplated,  it  appeare  consistent  with  sound 
policy  to  raise,  durmg  the  year,  tlie  meaiis  of  defraying  all  the  national  expenses,  borrowing  no  larger  sum  than 
the  amount  of  principal  of  old  debt  paitl  during  the  year.  The  propriety  of  providing,  even  in  time  of  wr.r,  a 
revenue  equal  to  the  annual  expenses  on  a  peace  establishment,  the  interest  of  the  existing  debt,  and  tiiat  on  the 
loans  whicli  may  be  nilsed,  has,  also,  been  su,ggested  in  former  reports. 

IXCREASE   OF  DUTI?:S. 

On  that  subject,  but  little  can  be  added  to  the  opinions  expressed  on  former  occasions.  1  still  think  that  this 
source  of  revenue  is,  in  the  United  States,  and  at  this  time,  the  most  productive,  the  easiest  to  collect,  the  least 
burthensome  to  the  great  mass  of  the  People;  and  that  the  duties  on  importation,  generally,  may,  in  case  of  war,  be 
doubled,  without  inconvenience  o:- danger. 

In  time  of  peace,  and  particularly  under  existing  circumstances,  habits  of  smuggling  might  be  promoted  by  so 
great  an  increase.  But  the  precise  rate  which  may,  with  safety,  be  adopted,  can  only  be  a  matter  of  opinion,  to  be 
tested  by  experience.  I  would  not  hesitate,  however,  to  mention  an  additional  duty  of  five  per  cent,  on  merchan- 
dise paying  ad  valorem  duties,  and  an  increase  of  33j  per  cent,  on  the  existing  duties  on  all  other  articles,  as 
attended  with  very  little  danger,  and  preierable  to  any  other  new  source  of  taxation.  A  renewal  of  the  duty  on  salt, 
which  produced  six  hundred  thousand  dollars  a  year,  may  be  exceptionable  in  other  respects,  but,  on  account  of  the 
bulk  ol  the  article,  is  liable  to  no  objecti(Mi  in  tiie  present  view  of  the  subject. 

It  was  stated,  in  the  annual,  report  of  December  last,  that  an  increase  oi' duties  wiaild  not,  on  account  of  the 
terms  of  credit  allowed  for  the  payment  of  duties,  supersede  the  necessity  ol  a  loan  for  the  service  of  this  year.  The 
amount  of  that  loan  might,  of  course,  be  diminished,  if  no  credit,  or  a  credit  ol'only  sixty  days,  was  allowed  for  the 
payment  of  the  proposed  additional  duties. 

PUBLIC  LANDS. 

These  constitute  the  only  great  national  resource  exclusively  of  loans  and  taxes.  They  have  already  Ijeen  men- 
tioned as  forming  a  fund  fi)r  the  ultimate  extinguishment  of  the  public  debt;  and  the  possibility  of  their  being  used  as 
a  means  of  facilitating  loans,  has  been  suggested.  A  portion  might  also  be  usefully  applied  as  a  bounty  to  officers 
and  soldiers,  whenever  it  may  become  necessary  to  raise  a  considerable  force.  But,  as  an  object  of  immediate  reve- 
nue, I  much  doubt  whether  this  can  be  materially  increased  without  a  radical  change  in  the  present  system. 

Not  less  than  ten  land  oflices  are  now  in  full  operation,  offering  a  great  choice  of  good  lands,  situated  in  vai-iti'.N 
climates,  and  suited  to  the  habits  of  the  citizens  of  every  portion  of  the  Union.  They  are  sold  at  the  rate  of  two 
dollars  an  acre,  or  rather  at  one  dollar  and  sixty-four  cents,  if  paid  for  at  the  time  of  purchase,  and  in  tracts  of  one 
hundred  and  sixty  acres.  As  much  is  sold  as  there  is  actual  demand  for  land  in  similar  situations  at  that  price.  The 
sales  are,  however,  almost  exclusively  confined  to  those  who  are,  or  intend  to  become,  actual  settlers,  and  all  the 
money  which  can  be  raised  by  that  description  of  purchasers,  is  annually  paid  to  the  United  State*.  In  order  to 
increase  immediately  the  amount  of  sales,  a  difterent  capital  from  that  which  has  heretofore  been  applied  to  that  ob- 
53        tt 


414  FINANCE.  [1810. 


iect  the  canital  of  persons  who  will  purchase  for  the  purpose  of  selling  again,  with  a  profit,  must  be  brought  into 
action  But  it  is  evident  that  no  person  will  purchase  lands,  at  the  present  price,  as  an  object  ot  speculation,  whilst 
the  United  States  continue  to  sell  at  the  same  price  in  small  tracts.  To  effect  the  proposed  object,  it  would  be 
necessiry  not  only  to  reduce  the  price,  but  to  make  a  difference  between  that  of  lands  sold  in  large  tracts,  and  that 
asked  for  small  tracts,  sufficient  to  encourage  purchases  on  an  extensive  scale.  That  alteration  miglit  produce  an 
•idditionai  revenue,  but  appears  to  me  extremely  injurious  in  other  respects.  The  present  system  of  sales  has  been 
tried  and  answers  the  expectations  of  the  Legislature.  A  gradual  increase  must,  notwithstanding  some  temporary 
fluctuations,  necessarily  take  place.  On  that  I  would  rely :  nor  would  I  venture  to  suggest  any  other  change  than 
that  already  proposed  on  a  former  occasion — a  moderate  and  general  reduction  of  prices,  discontinuing,  at  the  same 
time  all  sales  on  credit,  but  continuing  to  sell,  at  the  same  rate,  large  or  small  tracts  of  land. 

I  have  the  lionor  to  be,  very  respectfully,  sir,  your  obedient  servant,        ^^,„^  ^  .  r  r  .  ^.th^t 

ALBERT  GALLATIN. 
Hon.  John  W.  Eppes,  Chairman  of  the  Committee  of  Ways  and  Means. 


Extract  from  the  Annual  lieport  of  the  Secretary  qf  the  Treasury,  dated  November  G,  1807. 

"  It  will  be  sufficient  to  state.  1st.  That  it  appears  necessary  to  provide  a  revenue  at  least  equal  to  the  annual 
expenses  .,n  a  peace  establishment,  the  interest  of  the  existing  debt,  and  the  interest  on  the  loans  which  may  be 
raised  -^d  That  those  expenses,  together  witii  the  interest  ol  the  debt,  will,  after  the  year  18CS,  amount  to  a  sum 
less  than  seven  millions  of  dollars,  ancl,  therefore,  that,  if  the  present  revenue,  of  fourteen  millions  five  hundred  thou- 
sand dollars,  shall  not  be  diminished  more  than  one  half  by  a  war,  it  will  still  be  adequate  to  that  object,  leaving  only 
the  interest  of  war  loans  to  be  provided  for.  .       i.      .u         r    i         <■      i  r      •      *i 

Whether  taxes  should  be  raised  to  a  greater  amount,  or  loans  be  altogether  relied  on,  for  defraying  the  expenses 
of  a  war,  is  tiie  next  subject  of  consideration.  -•  ^  ,      a-    .    i        ,  •    r  •  i     .    r  .i 

Taxes  are  paid  by  the  great  mass  of  the  citizens,  and  immediately  artect  almost  every  individual  of  the  commu- 
nity loans  are  supplied  by  capitals  previously  accumulated  by  a  few  indiriduals.  In  acountry  where  the  resources 
of  individuals  are  not  generally  and  materially  affected  by  the  war,  it  is  practicable  and  wise  to  raise  by  taxes  the 
greater  part  at  least  of  the  annual  supplies.  The  credit  of  a  nation  may,  also,  from  various  circumstances,  be,  at 
times,  so  far  impaired,  as  to  leave  no  resource  but  taxation.     In  both  respects,  the  situation  ot  the  United  States  i» 

"  '\^nia'ritime  war  will,  in  the  United  States,  generally  and  deeply  affect,  whilst  it  continues,  the  resources  of 
individual:  as  not  only  commercial  profits  will  be  curtailed,  but  principally  because  a  great  portion  of  the  surplus 
of  at^ricultural  produce  necessarily  requires  a  foreign  market.  The  reduced  price  of  the  principal  articles  exported 
froiifthe  United  States  will  operate  more  heavily  than  any  contemplated  tax.  And.  without  inquiring  whether  a 
similar  cause  may  not  still  more  deeply  and  permanently  affect  a  nation  at  war  with  the  United  States,  it  seems  to 
follow  that  so  far  as  relates  to  America,  the  losses  and  privations,  caused  by  the  war,  should  not  be  aggravated  by 
taxes  "beyond  what  is  strictly  necessary.  An  addition  to  the  debt  is  doubtless  an  evil:  but  experience  having  now 
shown  with  what  rapid  progress  the  revenue  of  the  Union  increases  in  time  of  peace,  with  what  facility  the  debt, 
formerly  ciintracted,  has,  in  a  few  years,  been  reduced,  a  hope  may  confidently  be  entertained  that  all  the  evils  of 
the  w-ii-  will  be  temporary,  and  easily  repaired;  and  that  the  return  of  peace  will,  without  any  effort,  afford  ample 


resources  for  reimbursing  whatever  may  have  been  borrowed  during  the  war 


The  credit  of  the  United  States  is  also  unimpaired,  either  at  home  or  abroad:  and  it  is  believed  that  loans,  to  a 
rpason'ihle  amount,  may  be  obtained  on  eligible  terms.     Measures  have  been  taken  to  ascertain  to  what  extent  this 


It  mi-'ht  be  premature  to  enter  into  a  particular  detail  of  the  several  branches  ot  revenue,  which  may  be  selected, 
in  order  1o  provide  for  the  interest  of  war  loans,  and  to  cover  deficiencies  in  case  the  existing  revenue  should  fall 
below  seven  millions  of  dollars.     A  general  enumeration  seems  at  present  sufficient. 

1  Not  only  the  duty  on  salt  and  the  Mediterranean  duties  may  be  immediately  revived,  but  the  duties  on  impor- 
tation generally  may.  in  case  of  war.  be  considerably  increased,  perhaps  doubled,  with  less  inconvenience  than  would 
irise  from  any  other  mode  of  taxation.  Without  resorting  to  the  example  of  other  nations,  experience  has  proven 
that  this  source  of  revenue  is.  in  the  United  States,  the  most  productive,  the  easiest  to  collect,  and  the  least  burthen- 
«ome  to  tiie  "reat  mass  of  the  people.  In  time  of  war,  the  danger  of  smuggling  is  diminished;  the  scarcity  of  foreign 
articles  prevents  the  duty  ever  falling  on  the  importer;  the  consumers  are  precisely  those  members  of  the  commu- 
nity who  are  best  able  to  pay  the  duty;  and  the  increase  of  domestic  manufactures,  which  may  be  indirectly  affected, 
is,  in  itself,  a  desirable  object.  .        -       r  n         -j  *  -e  a  . 

"  Indirect  taxes,  however  ineligible,  will,  doubtless,  be  cheerfully  paid  as  war  taxes,  if  necessary.  Several 
mcdificaticms  of  the  system  formerly  adopted  might,  however,  be  introduced,  both  in  order  to  diminish  some  of  the 
inconveniences  which  were  experienced,  and,  particularly,  to  ensure  the  collection  of  the  duties. 

3  Direct  taxes  are  liable  to  a  particular  objection,  arising  from  the  unavoidable  inequality  produced  by  the 
ffpne'ral  rule  of  the  constitution.  Whatever  difference  may  exist  between  the  relative  wealth,  and  consequent 
ability  of  paying,  of  the  several  States,  still  the  tax  must  necessarily  be  raised  in  proportion  to  their  relative  popu- 
lation Should  it.  however,  become  necessary  to  resort  to  that  resource,  it  is  believed  that  a  tax  raised  upon  that 
snecies  of  property  in  each  State,  which,  by  the  State  laws,  is  liable  to  taxation,  as  had  originally  been  contemplate.l 
by  Congress,  would  be  preferable  to  a  general  assessment,  laid  uniformly  on  the  same  species  of  property  in  all  the 
States,  as  was  ultimately  adopted." 


Extract  from  the  Annual  Report  of  the  Secretary  of  the  Treasury,  of  December  lOth,  1808. 

"It  is  certainly  only  with  a  view  to  war.  either  immediate  or  contemplated,  that  it  will  become  necessary  to 
rp^ort   atleasttoany  considerable  extent,  to  extraordinary  sources  of  supply.  ^.  ,  .    ,  ^  ,•/•.,.  . 

I  ecitinrite  resources  can  be  derived  only  from  loans  or  taxes;  and  the  reasons  which  induce  a  belief  that  loans 
•hnnUrbe  principally  relied  on,  in  case  of  war.  were  stated  in  the  annual  report  of  last  year.  That  opinion  has 
uZn  corroborated  by  every  subsequent  view  which  has  been  taken  of  the  subject,  as  well  as  by  the  present  situation 
nf  the  country  The  embargo  has  brought  into,  and  kept  in  the  United  States,  almost  all  the  floating  property  ot 
thp  nition  'Vnd  whilst  the  depreciated  value  of  domestic  products  increases  the  difficulty  of  raising  a  considerable 
rPvpTi'iie  bv  internal  taxes,  at  no  former  time  has  there  been  so  much  specie,  so  much  redundant  unemployed  capital, 
•n  flip  country  The  high  price  of  public  stocks,  and  indeed  of  all  species  of  stocks,  the  reduction  of  the  public 
IpM  the  unimpaired  cre'dit  of  the  General  Government,  and  the  large  amount  of  existing  bank  stock  in  the  United 
'it!,t<%  leave  no  doubt  of  the  practicability  of  obtaining  the  necessary  loans  on  reasonable  terms. 
"  The  •Geographical  situation  of  the  United  States,  their  history  since  the  Revolution,  and,  above  all,  present  events, 
..pmT.vp  evet-v  apprehension  of  frequent  wars.  It  may,  therefore,  be  confidently  expected,  that  a  revenue  derived 
Inlp  v  from  duties  on  importations,  though  necessarily  impaired  by  war,  wil  always  be  amply  sufficient,  during 
lon°^  intervals  of  peace,  not  only  to  defray  current  expenses,  but  also  to  reimburse  the  debt  contracted  during  tlie 

few  perio  s  o   vvau^^   either  direct  or  indirect,  are  therefore  contemplated,  even  in  the  case  of  hostilities  carried  on 
asainst  the  two  great  belligerent  Powers.    Exclusively  of  the  authority  which  must,  from  time  to  time,  be  given  to 


1810.]  BALANCES    AND    UNSETTLED    ACCOUNTS.  4I5 

borrow  the  sums  required,  (always  providing;  for  the  n-iml>urseiin"nt  of  such  loans  williin  limited  jieriods)  and  of  '^ 
due  economy  in  the  several  branches  of  expendidiie,  n.ilhing  moie  appears  necessary  than  such  modifications,  and 
increase  ot  the  duties  on  importati(ms,  as  are  naturally  suggested  by  existing  circumstances. 

Although  importations  have  already  considerably  diminished,  and  may,  under  the  system  now  in  force,  shortly 
be  altogether  discontinued,  no  reasonable  objection  is  perceived  against  an  incr^'ase  of  duties  (>n  such  as  may  still 
take  place. 

Had  the  duties  been  doubled  on  the  1st  of  .laimary,  1808,  as  was  then  suggosled,  in  case  of  war.  (he  receipts  into 
the  treasury,  during  that  and  the  ensuing  year,  would  have  been  increased'irine  or  ten  millions  of  dollars.  Those 
articles,  of  most  universal  consumjition,  on  which  an  increase  of  duty  would  be  inconvenient,  are  generally  either  free 
of  dufy,  or  abundant;  it  is  therefore  proposed,  that  iu)t  oidy  the  Mediterranean  duties,  which  will  expire  on  the 
first  day  of  January  next,  should  be  continued,  but  that  all  tlie  existing  duties  should  be  doubled  on  importations 
subsequent  to  that  day." 


llth^ONGRESS.]  No.      320.  [2dSKSSI0N. 


BALANCES  AND  UNSETTLED  ACCOUNTS. 

COMMUNICATED   TO    THK    HOUSE    OF    REPRESKNTATiVES,    MARCH    S3,    1810. 

Mr.  QuiNCY  made  the  following  report: 

The  Committee  to  whom  was  referred  the  report  of  the  Comptroller  of  the  Treasury,  transmitting  a  Htat(^nient  of 
the  unsettled  accounts  of  the  Treasury,  War,  and  Navy  Departments,  in   conformity   with  the  act  passed  the  3d  of 
March,  1809,  have  taken  that  subject  into  their  consideration,  and  have  deer.ied  it  their  duty  particularly  to  inquire 
into  the  actual  state  of  those  balances,  which,  by  that  report,  appear  of  great  nominal  amount,  and  of  which  no  account 
had  been  reiidered,  notwithstanding  a  considerable  length  of  time  had,  in  many  cases,  elapsed,  since  the  termination 
of  those  services,  on  which  the  public  moneys  had  been  originally  advanced.     It  appeared  to   your  committee  due, 
both  to  the  individuals  chargeil  with  those  balances  and  to  the  public,  that  all  the  knowledge  j)0ssessed  by  the  olFi- 
cers  of  the  treasury,  tending  to  reduce  the  amount  of  those    nominal  balances,  should  be  asxertained  and  communi- 
cated, to  the  endth:it,  on  the  onahand,  injurious  suspicions   should  not  b-i  allowed  to   circulate  under  the  sanction 
of  a  treasury  statement;  and,  on  the  other,  that  real  (lelinquency  should  not  remain   concealed,  or  find  countenance 
in  the  number  and  greatness  of  these  unsettled   balances.     Your   committee,  tiierefore,  addressed  a  letter  to  the 
Comptroller  of  the  Treasury,  containing  a  list  of  the  names  of  all  those  individuals  who  appeared,  from  his  report,  to 
have  "rendered  no  account,"  and  whose  accounts,  from  the  greatness  of  the  balances  stated,  required,  in  the  opin- 
ion of  the  committee,  a  more  distinct  elucidation,  and  requested,  in  relation  to  these  accounts,  a  particular  statement 
of  all  credits,  vvhich,  either  from  informal  evidence,  or  ii-om  the  operation  of  the  laws  relative  to  appropriation  and  ex- 
penditure, or  from  known  services  rendered,  were,  within  the  knowledge  of  the  officers  of  the  treasury,   just   and 
certain  offsets  against  tlie  nominal  balance  stated,  in  his  report,  as  due  from  each  individual.     The  letters  marked  A 
and  B,  annexed  to  this  report,  contain  the  information   requested  from  the  Comptroller  of  the  Tieasury,  and  com- 
press, as  far  as  the  knowledge  of  the  officers  of  the  treasury  authorizes,  the  sphere  of  apparent   delinquency  of  each 
of  those  individuals. 

The  greatness  of  these  nominal  balances,  and  the  length  of  time  which  had  been  permitted  to  elapse,  witli  respect 
to  some  of  them,  without  account  rendei-ed  or  demanded,  indicateil,  in  the  opinion  of  your  committee,  a  state  of  ac- 
countability for  public  moneys,  not  sufficiently  safe  for  the  public,  nor  just  to  individuals.  The  laws.  also,  relative 
to  this  subject,  appeared  to  them,  upon  examination,  susceptible  of  amendment.  They  establish  no  iixed  periods, 
wilhiti  which  receivers  of  public  moneys  shall  account  with,  the  treasury.  They  leave  th.e  tisue  of  calling  receivers 
of  public  moneys  to  account  wholly  to  the  discretion  of  the  Comptroller  of  the  Treasury.  They  require,  in  order  to 
charge  the  debtor  with  costs, a  previous  notice  from  the  Conifitroller,  which  protracts  and  embairasses  the  enforcing 
adjustment  of  accounts.  Tiie  tendency  of  these  defects  in  the  law  has  been  to  render  receivers  of  public  moneys 
tiegligent  in  rendering  their  accounts,  and  to  expose  the  officers  of  the  treasury  to  inconvenience  in  c<>!npelling  set- 
tlement. By  entrusting  so  wide  and  general  a  aiscretion  to  those  officers,  there  is  thrown  upcm  (hem  an  unneces- 
sary and  inexpedient  responsibility.  With  respect  to  receivers  of  public  moneys,  in  foreign  countries,  the  effect 
has  often  been  to  procrastinate  anj'  settlement  of  their  account  until  their  retuin  to  the  United  States;  when,  from 
the  length  of  time  which  has  intervened,  and  the  difficulty  of  rectifying  mistakes  or  d.^ficiencies  in  vouchers,  at  a 
tlistance  from  the  [)lace  where  expenditure  was  incurred,  an  expeditious  and  satisfactory  atljustment  is  almost  al- 
ways difficult,  and  sometimes  impracticable.  Your  committee,  therefore,  addressed  a  letter  to  the  Secrelaiy  of  the 
'JVeasury,  making  inquiry  whether,  in  his  opinion,  the  provisi(msof  the  law,  relative  to  the  accountability  of  the 
agents  and  receiversof  public  moneys,  both  at  home  and  in  fi)reigi!  countries,  were  as  complete  as  the  public  good  re- 
quires, or  as  the  nature  of  each  particular  service  will  permit,  and  requesting  that,  if  the  present  system,  in  his  opin- 
ion, was  susceptible  of  any  practical  amendment,  so  as  to  ensure  a  more  reguhir  and  punctualadjustment  of  tlie 
public  accounts,  that  he  would  lurnish  your  committee  with  a  statement  of  such  as  he  thought  advisable-  The 
letters  marked  C  and  !),  annexed  to  this  report,  ctuitain  the  reply  of  the  Secretary  of  the  Treasury  to  that  letter.  In 
conformity  with  the  principles  recommencied  by  him  and  the  Comptroller,  your  Committee  have  prepared  a  bill, 
v.hich  accompanies  this  report,  and  which  they  ask  leave  to  present  for  the  consideration  of  the  House 

A. 

Treasury  Decartment,  Complroller'S  OJfice,  Febritury  '2ft,  !S10 
Sir:  " 

On  the  receipt  of  your  letter,  of  the  :25th  ultimo,  application  was  immediately  made  to  the  Department  of 
State,  for  the  information  required  by  the  committee.  This  information  is  communicatejl  by  a  letter,  dated  yester- 
day, from  the  head  of  that  Department.     Hence  the  cause  of  the  delay  which  has  taken  place. 

The  report  which  I  had  the  honor  to  submit  to  the  House  of  Representatives,  at  an  early  period  of  the  session,  in 
obedience  to  the  second  section  of  the  act  of  the  third  of  March,  eighteen  hundred  and  nine,  entitled  "  An  act  further 
to  amend  the  several  acts  forthee.^tablishmentand  regulation  of  tlie  Treasury,  War,  and  Navy  Departments,"  con- 
tained all  th.e  information  which  the  Treasury  Department  afforded.  To  prevent  improper  and  unfavorable  im- 
pressions, I  thought  it  necessary  to  observe,  that  "some  of  the  balances  standing  on  tiie  books  of  the  treasury,  al- 
though nominally  large,  will,  without  doubt,  be  greatly  lessened,  if  not  wholly  extinguished,  when  a  settlement: 
shall  take  place,  particularly  those  against  foreign  ministers  and  agents:  the  advances  having  been  m:ide  on  account 
of  salary  and  other  official  expenditures."     Any  further  remark  was  deemed  unnecessary. 

The  information  received  from  the  Department  of  State,  enables  me  to  be  mure  particular  with  respect  to  those 
persons,  a  list  of  whose  names  is  contained  in  your  letter  j  that  is  to  say: 


416  •   '     "■  >   '       '        FINANCE.  [1810. 


Nominal  balance . 

James  Monroe,        -  -  -  -  -  -  -  -  -  $81,555  63 

Charles  Pinckiiey,  ----..-.        66,117  84 

William  Piiikney  (as  minister  plenipotentiary)  _  .  .  .  .        42,117  78 

William  Smith,        -----.--.         34,964  69 

Joseph  Donaldson,  jr.  -----.--  490,139  55 

Christopher  Gore,  -.--....         53,2-22  22 

♦Christopher  Gore  and  Wm.  Pinkney,  --....        40,94359 

William  Pinkiiey  (as  commissioner)    -  -  -  -  -  -  -        55,646  41 

Samuel  Sitgreaves,  -------.        15,247  20 

On  the  settlement  of  the  accounts  of  Mr.  Monroe,  he  will  be  credited  with  his  salary,  viz:  nine  thousand  dollars 
per  annum,  from  the  12th  of  January,  1803,  to  the  15th  November,  1807;  an  outfit  equal  to  a  year's  salary;  and  a 
quarter's  salary  for  the  expenses  of  returning  home.  He  will  also  be  entitled  to  credit  for  a  salary  of  one  thousand 
three  hundred  and  fifty  dollars  per  annum,  paid  to  tlie  Secretary  of  Legation,  during  the  period  of  service.  Also, 
for  contingent  expenditures,  such  as  postages,  couriers,  &c.  usually  allowed  in  similar  cases. 

Mr.  Charles  Pinckney  will  be  credited  with  the  same  amount  for  outfit,  and  for  salary  from  the  10th  of  July, 
1801,  to  the  2d  October,  1805,  and  a  quarter's  salary  for  the  expenses  of  returning.  Also,  with  one  thousand  three 
hundred  and  fifty  dollars  per  annum  to  a  Secretary  of  Legation,  during  his  term  of  service,  and  for  the  usual  contin- 
gent expenditures. 

Simdar  allowances  will  be  passed  to  tJie  credit  of  Mr.  William  Pinkney,  when  his  account  as  minister  plenipo- 
tentiary shall  be  rendered,  after  the  termination  of  his  mission. 

Mr.  Smith's  mission,  as  minister  plenipotentiary  at  Lisbon,  commenced  on  the  18th  of  July,  1797,  and  ceased  on 
the  9th  of  September,  1801.     He  will  be  entitled  to  similar  credits. 

Mr.  Gore's  account  as  a  commissioner,  under  the  7th  article  of  the  treaty  of  19th  November,  1794,  has  since 
been  settled,  and  the  balance  due  from  him  to  the  United  States  is  ascertained  to   be  $900  69. 

Mr.  William  Pinkney,  as  a  commissioner,  under  the  same  treaty,  will  be  entitled,  on  the  settlement  of  ids  ac- 
count, to  credit  for  salary,  from  the  17th  of  May,  1796,  to  the  23d  day  of  February,  1804,  and  for  a  quarter's  salary 
for  the  expense  of  returning.     The  salary  fixed  by  law  is  $6,667  50   per  annum. 

Mr.  Sitgreaves  was  a  commissioner  under  the  6th  article  of  the  same  treaty.  His  compensation  commenced  on 
the  20th  of  November,  1798,  and  ceased  on  his  return  from  London,  which  was,  as  stated  in  his  letter,  in  June, 
1801.  The  salaiy  fixed  by  law.  is  four  thousand  four  hundred  and  forty-five  dollars  per  annum.  This  Board  ceased 
to  act  on  31st  July,  1799;  but  it  was  the  intention  of  the  then  President,  that  his  salary  should  be  continued  until  his 
return  from  London,  whither  he  had  been  sent  on  the  business  of  the  Board.  This  intention  appears  in  a  letter  from 
the  Secretary  of  State,  to  Rufus  King,  Esq.  of  the  8th  of  February,  1800,  an  extract  of  which  is  liere  given:  "  I  give 
Mr.  Sitgreaves  a  letter,  desiring  him  to  draw  on  you  for  his  expenses,  which  are  to  be  defrayed  by  the  United  States. 
He  will,  besides,  receive /jerf,  his  salary  as  a  commissioner  under  the  6th  article  of  the  British  treaty."  Under 
this  authority,  Mr.  Sitgreaves  conceives  that  he  is  not  liable  to  account.  In  his  letter  to  me,  he  observes, 
"  It  must  be  obvious  that  such  an  arrangement  excluded  all  idea  of  accountability;  and  that,  from  the  nature  of  the 
case,  it  would  be  impossible,  or,  if  possible,  could  not  have  been  expected,  that  I  should  keep  or  render  an  account 
or  vouchers  for  the  numberless  items  of  detail  which  enter  into  the  expenses  of  a  gentleman  abroad."  My  view  of 
the  circumstances  of  this  case,  however,  being  difterent  from  that  of  Mr.  Sitgreaves,  I  shall  persist  in  requiring  an 
account  from  him. 

Mr.  Donaldson  was  appointed  consul  of  the  United  States,  at  Tripoli  and  Tunis,  on  the  28th  of  March,  1795, 
and  on  the  10th  of  July,  1797,  he  was  superseded,  in  both  appointments,  by  Mr.  Calhcart,  at  the  former  place,  and  by 
Mr.  Eaton  at  the  latter-  These  gentlemen,  however,  did  not  sail  from  the  United  States  until  December  of  the 
following  year. 

Mr.  Donaldson  was  also  employed  in  ascertaining  and  agreeing  upon  the  provisional  or  preliminaiy  articles  of  a 
treaty  with  Algiers;  and  he  was  authorized,  under  the  directions  and  instructions  of  Colonel  Humphreys,  to  cause 
the  money  appropriated  by  law  for  that  purpose,  to  be  paid  at  Algiers,  in  the  manner  to  be  agreed  upon.  Mr.  Don- 
aldson, while  employed  in  these  agencies,  was  allowed  his  expenses,  and  one  hundred  dollars  per  month.  After  he 
was  established  as  consul,  he  was  entitled  only  to  the  salarj^  limited  by  law.  I  have  no  inibrmation  as  to  the  pre- 
cise time  when  his  consulate  ceased,  nor  has  any  account  of  the  money  paid  by  him,  under  the  treaty  with  the  re- 
gency of  Algiers,  been  rendered. 

The  amount  standing  to  thedebit  of  Mr.  Donaldson,  was  ascertained  upon  the  settlement  of  the  accounts  of  bank- 
ers and  other  foreign  agents,  as  particularized  below. 

Thomas  Pinckney,  -               -               -               -               --,-               -  $444  44 

Richard  O'Brien,      -  -                -                -                -                -                -                -                -  2,000  00 

J.  and  F.  Baring  &  Co.  ---..-..  186,40593 

J.  Bulkeley  &Son,  -               -               -               -               -               -               ■                -  614  27 

Parish  &  Co.               -.-.-.---  75,674  'Ji 

H.  and  A.  Fonnereau,  --...-..  140,000  00 

J.  Dohrman  &Co.  --..-...-  85,00000 


490,139  55 


The  foregoing  accounts,  except  the  two  first,  were  settled  in  the  m(mth  of  August  last. 

The  correspondence  with  foreign  ministers  and  agents,  during  their  residence  abroad,  is  with  the  Department  of 
State.  Upon  their  return  to  the  United  States,  their  accounts  are  usually  rendered  to  that  Department,  and  from 
thence  transmitted  to  the  Treasury  Department.  Where  a  balance  appears  against  a  foreign  minister  or  agent, 
upon  the  books  of  the  treasury,  he  is  called  upon  by  the  Comptroller,  to  render  his  accounts.  There  is  no  tixed 
period  for  tiie  performance  of  this  duty.  In  the  exercise  of  his  discretion,  the  officer  must  be  governed  by  a  know- 
ledge of  the  character  and  circumstances  of  the  agent,  the  nature  of  his  service,  and  the  probability  of  the  result  of 
an  adjustment  of  his  accounts.  With  resjject  to  the  practice  which  has  obtained  in  such  cases,  it  is  scarcely  neces- 
sary to  add  to  what  has  been  premised.  A  letter  from  this  office,  dated  27th  of  September,  1803,  to  Colonel 
Humphreys,  attbrds,  I  believe,  the  first  instance  of  a  call  on  a  minister  of  the  United  States,  to  render  his  accounts. 
A  few  settled  promptly;  and  an  adjustment  of  the  accounts  of  others,  after  they  were  rendered,  were  unavoidably 
postponed,  for  want  ot  the  requisite  vouchers. 

An  abstract  of  the  proceedings  of  the  board  of  commissioners  under  the  7th  article  of  the  treaty  of  1794  has  been 
received  iVom  the  Department  o!  State.  By  this  abstract,  it  appears  that  the  expenses  of  the  Board,  including  the 
salary  of  the  fifth  commissioner,  amounted  to  £21,802  17  6  sterling,  which  sum,  at  the  rate  of  $4  44,  to  the  pound 
sterling,  is  equal  to  $96,804  76.5.  The  abstract  does  not  show  what  part  of  this  account  was  paid  by  the  commis- 
sioners of  the  United  States.  It  appears,  however,  that,  upon  a  final  aiijustment  of  the  accounts  of  the  Board,  in  Lon- 
don, on  the  23d  of  February,  1804,  there  remained  a  surplus  of  ii526  4  9,  to  be  returned  to  the  Government  of  the 
United  States. 

I  have  the  honor  to  be,  sir,  with  great  respect,  your  obedient  servant, 

G.  DUVALL. 

JosiAH  QuiiicY,  Esq. 

•In  the  scliedule  accompanying^  the  report,  as  prepai-ed  by  the  Register  of  the  Treasury,  Christopher  Gore  and  others. 


1810.]  BANK  OF  THE   UNITED   STATES.  4J7 


Sir: 


B. 

Treasury  DEPARrMKNT,  ComptToller'' s  Office,  March  9,  1810. 

Since  my  letter  of  tlie  27th    ultimo  to  you,  Mr.   Gore   has  remitted  the  balance  due  from  him  to  the  United 
States.     His  account  is  closed  on  the  books  ot  the  treasury.  ^^-iiaiu 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

G.  DUVALU. 


JosiAH  QuiNov,  Esq.  Chairman,  «5' 


c. 


Sir: 


C. 

Treasury  Department,   March  14,  1810. 

I  communicated  your  letter,  of  3d  ultimo,  to  the  Comptroller  of  the  Ti-easury,  with  a  request  that  he  woiilrl 
state  those  amendments  to  existing  laws,  which,  in  his  opinion,  would  ensure  a  more  regular  and  nuncfuil  'idiiist 
ment  ol  the  accounts  ot  public  agents  and  other  receivers  of  public  moneys.  I  now  have  the  hoi  or  to  trinsnVf  hi  ■ 
answer,  to  which  I  have  nothing  to  add  beyond  what  I  had  verbally  suggested,  vi/.:  An  express  piovision'  directiiiff 
all  public  agents,  or  other  receivers  ot  public  moneys,  to  render  quarterly  accounts,  if  residin"  within  the  United 
States,  and  at  least  annually,  it  abroad.  In  case  of  failure,  the  Comptroller  should  be  authorized"'  for  the  reasons  hi 
states,  to  institute  suit,  without  being  obliged  to  give  the  notice  now  required  by  law.  ' 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

„        T  n  ni    ■  t      ■     n  ALBERT  GALLATIN. 

lion.  JosiAH  (^uiNCY,  Chairman  ^-c.  m  Congress. 

D. 

Treasury  Department,  Comptroller's  Office,  March  7    1810 
Sir:  * 

I  have  had  under  consideration  that  part  of  your  letter  of  the  6tli  ultimo,  rcquestint^  my  opinion  with  resnect 
to  any  improvement  which  may  be  made  in  tlie  present  system  regulating  the  settlement  of  accounts  and  colh'cfion 
of  the  balances  due  to  the  Lmited  States. 

The  system  appears  to  me  to  be  susceptible  of  amendment.  The  acts  which  at  present  exist,  and  prescribe  the 
rules  to  be  observed,  in  recovering  debts  due  to  the  United  States,  are, 

1st.  An  act  for  the  more  eftectual  recovery  of  debts  due  from  individuals  to  the  United  States  passed  on  the  Sd 
day  ot  March,  1795:  and  '  ^ 

2d.  An  act  to  provide  more  effectually  for  the  settlement  of  accounts  between  the  United  States  and  receivers  of 
public  money,  passed  on  the  3d  oi  March,  1797. 

The  first  of  those  acts,  in  prescribing  the  preliminaries  to  a  suit,  in  order  to  charge  the  debtor  with  the  costs  is 
too  circuitous  and  dilatory  in  its  provisions.  Letters  by  mail  are  subject  to  casualties,  and  the  delay  or  mistake  oVa 
day  Irustrates  the  whole  proceeding.  I  think  it  would  be  sufficient,  after  a  debtor  had  refused  to  render  his  accounts 
atthe  period  required  by  law,  to  fix  a  stated  period,  say  three  months,  beyond  which  he  should  not  be  induced  and 
if  his  accounts  should  nut  be  rendered  in  that  time,  he  should  be  liable  to  pay  costs,  in  case  of  suit  which  u  should 
be  the  duty  ot  the  Comptroller  to  order,  after  the  expiration  of  three  months.  ' 

It  should  also  be  made  the  duty  of  the  accountants  of  the  War  and  Navy  Departments,  in  all  cases  where  per- 
sons entrusted  with  the  expenditure  of  public  money  should  die,  resign,  or  otherwise  cease  to  be  employed   to  make 
forthwith,  a  separate  report,  in  each  case,  to  the  accounting  officers  of  the  treasury,  in  order  that  a  suit  mi'^htbe  di' 
rected  for  the  recovery  of  the  balance,  after  adjustment.     If  this  be  prescribed  by  law  as  a  duty,  it   would  produce  a 
more  ready  compliance  than  instructions  to  the  same  ett(?ct,  from  this  Department. 

The  great  object  to  be  obtained  is  to  prescribe  regulations  which  will  coerce  public  debtors  to  render  their  ac- 
counts regularly,  at  stated  periods.     After  they  are  rendered,  there  is  seldom  any  difHculty  in  adjusting  them 

The  accounts  of  all  foreign  ministers,  and  other  agents,  should  be  rendered  to  the  Department  of  State  and  from 
thence  should  be  transmitted,  without  delay,  to  this  Department,  for  settlement.  ' 

All  which  is  respectfully  submitted. 

I  havethehonor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

.  ,,  ^  G.  DUVALL. 

Albert  Gai.i.atix,  hsq. 


llUiCoNGaF.ss.]  No.  321.  [2d  Session. 


BANK  OF  THE  UNITED  STATES. 

communicated    to   the    senate,    on    the    Ith    of    APRIL,    1810. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  Senate,  of  the  second  instant,  respectfully 

reports:  ?     -  j 

That  the  statement  annexed  to  the  report  made  to  the  Senate,  on  the  second  day  of  March,  1809,  contained  all 
the  dividends  made  by  the  Bank  of  tlie  United  States,  from  its  establishment  to  the  date  of  the  report,  as  stated  to 
the  treasury  by  the  bank. 

That  tlie  annexed  table,  A,  being  a  transcript  of  the  abovementioned  statement,  with  the  atldifion  of  the  dividends 
made  on  the  first  day  of  July,  1809,  and  on  the  first  day  of  January  last,  embraces  not  only  theordinarv  semi-annual 
dividends  of  four  per  cent,  but  also  all  the  extra  dividends  which  are  within  the  knowledge  of  this  Department  and 
which,  it  is  believed,  have  ever  been  made  by  the  bank;  making,  in  the  whole,  an  averrge  of  sy  ' 

last 
tate, 

esta 

by  ....  .        .      ...„. 

ally  lost;  and  the  residue  ot  which,  it  any,  will  be  applicable  to  another  extra  dividend. 

That  the  nominal  profit  resulting  to  tlie  bank,  from  each  of  its  offices  of  discount  and  deposite,  could  not  be  ascer- 
tained without  an  investigation  of  all  the  weekly  returns  made  to  this  Dei)artment:  and  that  there  are  no  returns 
from  which  the  actual  loss  sustained  by  each  office  can  be  known. 

But  that  the  statement  B  shows  the  permanent  capital  given  to  each  office  of  discount  and  deposite;  the  ba- 
lance due  in  account  current  by  the  offices,  to  the  bank,  (exclusive  and  in  addition  to  the  said  permanent  capital)  on 
the  27th  day  of  March  last;  the  amount  of  the  notes  actually  discounted  and  due  to  the  bank  by  the  last  returns 


418^ 


FINANCE. 


[1810. 


specifyin?  the  amount  discounted  at  Philadelphia,  and  at  each  office,  respectively,  and  an  estiniate  of  the  gross 
amount  of  the  annual  expenses  and  losses  of  the  bank,  including  its  several  offices;  by  which  it  appears  that  the 
annual  expenses,  being  about  $125,000  a  year,  the  ascertained  losses  must,  in  the  whole,  have  amounted  to  about 

$35,000  a  year.  ^  ,  ■      , 

All  which  IS  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  ./?priZ  3*:/,  1810.      ^  _,  ... 


A*' 


Dividends  on  United  States^  Bank  Slock. 


Notes. — (a.)  Dividends  falling  short  of  the  rate  of  8  per  cent,  per  annum. 
(b.)  Including  extra  dividends.  ,.,  ,.        .  .       ,      ,, 


b: 


1 

No. 

1 

Rate  per 

No. 

Rate  per 

cent. 

\ 

cent. 

1 

July, 

1792 

4 

19 

July, 

1801 

4 

2 

January, 

1793 

4 

20 

January, 

1802 

iUb.) 

3 

July, 

Hia.) 

21 

July, 

lb 

iHb.) 

4 

January, 

1794 

3K«-) 

22 

January, 

1803 

4i  ib.) 

5 

July, 

4 

23 

July, 

fcfc 

4 

6 

January, 

1795 

4 

24 

January, 

1804 

41  ib.) 

7 

July, 

4 

25 

July, 

*( 

4 

8 

January, 

179G 

4 

26 

January, 

1805 

4 

9 

July, 

4 

27 

July, 

kb 

4 

10 

January, 

1797 

4 

28 

January, 

1806 

4 

11 

July, 

4 

29 

July, 

•  ( 

4 

12 

January, 

1798 

5  ib.) 

30 

January, 

1807 

6    (6.) 

13 

July, 

4 

31 

July, 

4 

14 

January, 

1799 

4 

32 

January, 

1808 

4 

15 

July, 

4 

33 

July, 

i»i 

4 

16 

January, 

1800 

4 

34 

January, 

1809 

4 

17 

July, 

(< 

4 

35 

July, 

bfc 

4 

18 

January, 

1801 

6  ib.) 

1       36 

1 

January, 

1810 

4 

Statement  of  the  capital  of  the  several  Branches,  and  of  the  Bank  of  the  United  Stales,  and  of  the  amount  of  dis- 
counts., by  the  last  received  returns. 


';..•,.          .  ;  .     :,      ■(.-■■   .:i--' 

Capital. 

AmoUAl  of  notes  dis- 
counted. 

Boston,                   .                 .                 -                 - 

$700,000 

$998,859 

New  York, 

1,800,000 

4,175,874 

Baltimore,             ...               - 

600,000 

1,349,550 

■,..■.  .  -. -• 

Washington,         -               .               -               .. 

200,000 

485,285 

i.  .1.. 

Norfolk,                -               -               .               - 

600,000 

880,170 

Charleston,            .               .               .               . 

600,000 

1,409,916 

Savannah,             .               .               -               - 

500,000 

1,054.113 

New  Orleans,        -               -                -               - 

300,000 

611,517 

5,300,000 

rBalance  due  the  Bank  in  account 

Philadelphia,  <    current  by  the  offices.  $750,000 

C  Capital  reserved,           3,950,000 

4,700,000 

4,572,586 

\ 

$10,000,000 

15,537,870 

\'.i  :  '■i,",''i'  '  >T-;-;;i: 
.   i  .o;i'ji 

1,411,627 

Funded  debt. 

,)i'  ;  c't'    '    .'            -      '  ■  .   ..-,.1.     .  ,j') 

$16,949,497 

Estimate  of  the  expenses  and  losses  of  the  Bank. 
.1 

Six  per  cent,  on  $17,000,000,  estimated,  as  per  above,  as  the  amount  usually  loaned  on  interest,  is, 
per  annum,    --------- 

Dividends  of  8^  per  cent,  a  year  on  $10,000,000,  actually  paid  to  the  stockholders,  is, 

per  annum,    --------  $836,111 

Undivided  surplus  on  1st  January,  1810,  $409,410,  divided   by  18  years,  would  be 

equal  to  an  annual  dividend  of  -  -  -  -  -  -  22,745 

Leaving,  for  the  estimated  annual  am.ount  of  expenses  and  losses,  -  -  161,144 


$1,020,000 


$1,020,000 


tii 


ii'.t  or 


n\  jIhjx' 


:'>  biUl  h')iinn):-.'-iU 


1810.]  REMISSION  OF   PENALTIES.  419 


llth  Congress.]  ]Vo.    322.  [2d  Session. 


REMISSION   OF   PENALTIES. 

COMMUNICATED    TO    THE     HOUSE    OF     REPRESENT ATIVES,    APRIL   7,    1810. 

Mr.  Newtov,  from  the  ("ommiftee  of  Coiumerce  and  Manufactures,  Ui  whom  was  rcforrod  the  petitions  of  Hugh 
Smith,  Philip  and  Nicholas  Rogers,  Jun.  John  P.  White,  and  William  A.  Caldwell.  William  Gaston,  James 
Jones,  and  James  Hathaway,  made  the  following  report: 

Hugh  Smith,  a  merchant  of  Alexandria.  Histrict  of  Columbia,  states  that,  on  tlie  13th  of  August,  1808,  he  became 
bound  with  McClanahan.  in  a  bond  to  the  United  States,  in  the  penalty  of  sixteen  thousand  six  hundred  and  ninety- 
six  dollars,  conditioned  that  Andrew  Stewart,  master  of  the  15rig  Catharine,  should  not,  in  transporting  a  cargo  of 
flour  to  Boston,  violate  the  embargo  laws.  The  petitioner  is  a  glass  and  china  merchant,  no  otherwise  engaged  in 
navigation  than  barely  to  import  such  articles  as  above  stated;  and  in  a  few  instances,  to  ship  tobacco  on  commis- 
sion.    During  the  ojjeration  of  the  embargo,  he  made  no  shipments,  either  directly  or  indirectly. 

His  acquamtance  with  McClanahan  was  in  consequence  of  an  intimacy  between  their  wives,  previous  to  mar- 
riage; McClanahan,  at  the  time  the  petitioner  became  his  security,  bore  a  gdixl  character. 

The  petitioner  being  sick,  and  confined  to  his  house,  did  not  learn,  until  a  considerable  time  after  signing  the 
bond,  that  a  few  persons  who  attended  to  the  manner  of  shipping  the  cargo,  and  the  supply  of  provisions,  and  water 
taken  on  board  the  Brig  Catharine,  suspected  the  honesty  and  fair  intentions  of  McClanahan. 

Capt.  Stewart,  instead  of  going  to  Boston,  went  to  Barbadoes.  at  which  island  he  arrived,  as  the  petitioner  has 
every  reason  to  believe,  with  the  connivance  of  McClanahan,  on  the  15th  November,   1S08. 

As  soon  as  the  petitioner  was  informed  of  this  last  fact,  he  wrote  to  the  Secretary  of  the  Treasury,  stating  the 
fiicts  to  him.     The  Secretary  of  the  Treasury,  in  his  own  hand  writing,  makes  the  following  note  on  the  back  of  tlie  . 
petition.    "  I  have  no  doubt  of  the  innocence  of  the  petitioner.    The  District  Attorney  of  Vnginia  has  been  instructed 
to  prosecute  McClanahan,  but  he  is  not  supposed  to  be  able  to  pay  the  penalty.     It  is  true,  as  stated  by  the  peti- 
tioner, that  he  gave  the  first  information  to  this  Department,  and  wrote  the  several  letters  mentioned  in  the  petition." 

The  petitioner,  on  the  31st  of  March,  1810,  presented  to  the  House  a  copy  of  the  certificate,  signed  by  James 
Sullivan,  Governor  of  Massachusetts,  addressed  to  the  collector  of  the  port  of  Alexandria,  in  the  District  of  Colum- 
bia, certifying  that  1400  barrels  of  fiour  were  wanting  for  supplies,  to  which  reference  is  made  for  further  particu- 
lars. The  petitioner  does  not,  in  his  petition,  state  that  he  was  induced  to  become  McClanahan's  security  in  con- 
sequence of  the  Governor's  certificate.     The  petitioner  sustains  a  good  character. 

Henly  Woodward,  a  merchant  residing  at  Tappahannock,  in  the  State  of  Virginia,  states  tliat  he  has  never  been 
eagaged  ni  navigation  further  than  to  ship  the  produce  of  the  country  to  merchants  residing  in  the  United  States,  for 
the  purpose  of  making  remittances,  'i'hat,  in  consequence  of  a  letter  addressed  to  him  by  Samuel  Lyon,  of  Balti- 
more, he  became  security  for  Joseph  Shutz,  in  the  bond  executed  by  Thomas  West  and  Joseph  Shutz,  to  the  United 
States,  in  the  penalty  of  sixteen  thousand  dollars,  on  the  10th  of  Januaiy,  1809,  conditioned  that  the  schooner  Jane, 
of  Baltimore,  of  which  the  said  Thomas  West  was  master,  should  not  proceed  to  any  foreign  port  or  place,  and  that 
the  cargo  should  be  landed  in  some  port  of  the  United  States. 

The  memorialist  was  influenced,  in  a  great  measure,  to  become  security  to  the  bond,  in  consequence  of  seeing  a 
letter,  addressed  to  the  collector  of  Tappahannock,  by  William  S.  Stone,  of  Fredericksburg,  recommending  the 
said  Shutz  as  a  person  worthy  of  confidence.     Samuel  Lyon  has  since  fiiiled. 

The  cargo  was  not  landed  in  any  port  or  place  of  the  United  States.  The  petitioner's  character  is  well  supported, 
and  the  committee  entertain  no  doubts  as  to  the  truth  of  the  facts  set  forth  in  the  petition.  The  Secretary  of  the 
Treasury  makes  the  following  note  on  the  back  of  the  petition:  "  I  have  no  doubt  of  the  innocence  of  the  petitioner." 
Several  letters  accompany  the  memorial,  to  which  the  committee  beg  leave  to  refer. 

Philip  Rogers,  and  Nicholas  Rogers,  Jun.  merchants,  of  the  city  of  Baltimore,  state,  that  they  were  joint  owners 
of  onehalfof  thebrigSally,  whereof  a  certain  Henry  Travers  was  captain,  and  also  half  owner;  that  the  said  brig  sailed 
on  the  2d  of  September,  1808,  from  the  port  of  Baltimore,  to  the  port  of  Charleston,  South  Carolina,  and  condition- 
ally to  the  port  of  Savannah,  Geoigia,  with  a  cargo  of  flour,  and  some  other  articles,  partly  shipped  by  Philip  Rogers 
and  the  said  Travers. 

It  is  also  stated  by  Nicholas  Rogers,  that  he  owned  but  a  fourth  part  of  the  said  brig,  as  a  donation  from  his 
father.  Philip  Rogers;  that  he  owned  no  part  of  the  cargo;  that  he  was  absent  when  the  said  brig  was  loaded  for 
Charleston;  and  that  he  left  the  sole  management  of  this  matter  to  his  father,  to  whom  the  greatest  part  of  the 
cargo  belonged.  That  Capt.  Tiavers,  previous  to  the  sailing  of  the  said  brig,  received  fi'om  Philip  Rogers,  by  a 
letter,  dated  1st  September,  1808,  positive  instructions  to  dispose  of  the  flour.  &c.  at  Charleston  or  Savannah, "all 
which  will  appear  by  reference  to  tlie  letter  contained  in  the  body  of  the  petition.  The  petitioners  further  state,  that 
the  said  Travers,  on  arrival  at  Charleston,  sold  a  very  small  part  of  the  cargo  there;  that  he  proceeded,  thence,  to 
Savannah,  first  giving,  as  his  securities.  Messrs.  John  P.  White  and  ^\'illiam  A.  Caklwell,  in  conformity  to  law. 
The  petitioners  state  that  the  said  Travers,  instead  of  going  to  Savannah,  proceeded  to  Jvingston,  in  Jama  ca,  in 
violation  of  law,  and  the  positive  instructions  given  to  him  by  Philip  Rogers-  The  last  mentioned  petitioner  states, 
that  he  received  from  Capt.  Travers,  for  the  sale  of  the  brig's  cargo  at  Kingston.  ni)t  more  thari  $3,304,  the  said  Tra- 
vers retaining  all  the  profits  for  himself.  The  petitioners  state  that  they  are  sued  for  $9,120,  in  the  district  court  of 
Maryland,  and  Caldwell  &  White,  in  that  of  South  Carolina,  and  also,  that  they  hold  themselves  bound,  in  case  of 
recovery  against  Caldwell  &  White,  to  indemnify  them.  'J'he  petitioners  further  state,  that  Capt.  Travers  is  dead, 
leaving  property  to  the  amount  only  of  two  thousand  dollars.  They  pray  that  the  penalties  incurred  by  them  and 
Caldwell  &  White,  through  the  misconduct  of  the  said  Travers,  may  be  remitted. 

The  petition  of  John  P.  White  and  AVilliam  A.  Caldwell  is  the  same  case  with  the  one  now  stated,  as  reference 
to  the  petition  will  show. 

The  Secretary  of  the  Treasury  states,  in  a  note  on  the  petition,  the  following  remarks:  "Judge  states  the  facts 
to  be  true.   Observe,  however,  that  Travers,  who  violated  the  law,  was  employed  by  the  petitioners  as  their  captain." 

William  Gaston,  a  ciiizen  of  the  State  of  Georgia,  states,  that,  in  the  course  of  trade  and  mercantile  concerns, 
lie  became  acquainted  with  Robert  Charles,  of  New  York,  owner  of  the  brig  Eliza  and  Mary;  that  the  said  brig, 
consigned  to  the  petitioner,  had  made  several  voyages  from  Georgia  to  New  York,  loaded  by  the  petitioner.  That, 
in  Jariuary,  1809,  the  said  brig  arrived  in  the  port  of  Savannah,  iiaving  the  persons  of  Robert  Charles,  the  owner, 
and  Abraham  Grimshaw,  James  Hutchinson,  and  Joseph  Musgrove,  passengers  on  board;  Abraham  Hall  being  the 
master.  Grimshaw.  Hutchinson,  and  Musgrove,  were  separately  introduced  to  the  petitioner,  and  recommended,  as 
Strangers,  to  him.  These  last  mentioned  personsagreed  toload,withcotton,  the  saidbrigforNew  York;  while  loading, 
the  petitioner  received  from  Augusta,  54  bales  of  cotton,  with  directions  to  sell  or  ship  the  same  to  New  York;  the 
price  being  low  at  Savannah,  he  shipped  the  same  on  board  the  said  brig.  On  the  21st  of  January,  1809,  the  said  brig 
was  ready  for  sea,  having  on  board  301  bales  of  cotton — 247  tlie  property  of  Grimshaw,  Hutchinson,  and  Musgrove^ 
and  54  that  of  Messrs.  Plielps  and  Howard,  of  Augusta.  The  petitioner  states  that,  at  the  Instance  of  the  owner 
and  these  men,  to-wit,  Grimshaw,  Hutchinson,  and  Musgrove,  he  went  to  the  custom  house,  and  cleaied  the  said 
brig,  and  gave  bonds,  together  with  Uel  Merrill,  a  merchant  of  the  saidjcity,  as  his  security,  to  which  bonds  the  master 
of  the  said  brig  was  also  a  party,  foi-  the  safe  arrival  of  the  said  brig  in  New  York,  dangers  of  the  sea  excepted,  with 
a  full,  fair,  ancf  perfect  confidence,  that  the  real  destination  was  for  that  port,  and  that  the  said  brig  was  prosecuting 


420  FINANCE.  [1810. 


a  lawful  voyage.  On  the  24th  of  January,  1809,  the  said  brig  proceeded  to  sea,  having  on  board  her  owner  and 
Musgrove,  leaving  Grimsliaw  and  Hutchinson  in  Savannah.  On  the  25th,  the  day  following  the  sailing  of  the  brig, 
the  two  last  mentioned  persons  called  on  the  petitioner,  and  purchased  the  51  bales  of  cotton  then  on  board  the  said 
brig,  belonging  to  Phelps  and  Howard,  offering  therefor,  a  price  equal  to  that  of  the  New  York  market,  on  a  credit, 
which  offer  the  petitioner  accepted.  On  the  same  day,  Grimshaw  and  Hutchinson  took  their  passage  for  New  York, 
and  proceeded  down  the  river  to  sea;  previous  to  brig's  sailing,  Grimshaw,  Hutchinson,  and  Musgrove,  had  engaged 
with  the  petitioner  for  the  storage  of  300  bales  of  cotton,  to  furnish  a  cargo  for  the  said  brig,  on  her  return  to  Savan- 
nah. Immediately  after  the  departure  of  Grimshaw  and  Hutchinson,  the  petitioner  was  informed  of  some  things 
that  excitetl  suspicion,  which,  on  examination,  he  found  too  well  supported;  he  immediately  applied  to  counsel  tor 
advice,  and  as  the  vessel  on  board  of  which  Grimshaw  and  Hutchinson  had  embarked,  was  detained  by  contrary 
winds,  lie  took  out  process,  and  had  die  same  served,  at  the  suit  of  the  United  States,  for  an  infracti(m  of  the  embargo 
laws.  The  petitioner  acknowledges  that  the  said  brig  went  to  Liverpool,  which  fact,  as  soon  as  it  was  ascertained, 
he  made  collector  acquainted  with — was  always  ready  to  give  any  evidence  in  his  power  to  bring  the  guiltv  to  punish- 
ment. The  petitioner  sustains  a  fair  and  good  cliaracter.  The  Secretary  of  the  Treasury  makes  the  following  note 
on  the  petition:  "The  Judge  does  not  positively  state  the  facts  to  be  true;  and  although  he  inclines,  from  Gaston's 
character,  to  believe  him  innocent,  he  alleges  some  reasons  why  the  petitioner  ought  not  to  become  security." 

The  petition  of  James  Jones,  of  Hertford  county,  in  the  State  of  North  Carolina,  and  of  James  Hathaway,  the 
elder,  of  Edenton,  in  the  same  State,  states  that,  sometime  in  the  month  of  November,  18 — ,  a  schooner,  called  the 
Federal  Jack,  arrived  at  Edenton,  from  Boston;  she  was  commanded  by  Joseph  Lewis,  who  appeared  to  be  an  owner 
or  part  owner;  that  her  company  was  made  up  of  a  certain  Bordin  Turner  and  — —  Young,  and  two  negroes.  Captain 
liBwis  brought  a  certificate  signed  by  the  deputy  collector  and  deputy  naval  officer  of  Boston,  endorsed  upon  one  of 
the  ships  papers,  in  the  following  words:  "  It  is  the  intention  of  the  owners  of  this  vessel  to  bring  back  a  cargo  of 
pitch,  tar,  and  turpentine,  rice  and  corn,  for  the  consumption  and  use  of  tliis  district."  The  petitioners  state  that, 
after  purchasing  a  cargo,  Capt.  Lewis  being  in  apparent  distress,  as  he  could  not  sail,  on  account  of  having  no  person 
to  become  his  security,  that  tlie  petitioners,  after  much  persuasion  and  difficulty,  became  security  for  relanding  the 
cargo  in  some  ptort  or  place  in  the  United  States,  on  the  following  conditions:  that  the  persons  belonging  to  the  said 
schooner  should  leave  her,  and  put  on  board  another  captain  and  company;  this  arrangement  was  acceded  to,  and  the 
vessel  sailed,  in  the  month  of  January,  18 — ,  for  Boston,  under  the  command  of  Daniel  S.  Brooks,  with  Preston 
Hathaway,  and  the  said  two  negroes,'for  her  company;  Lewis,  Turner, and  Young,  departed  from  Edenton  about  the 
same  time,  intending,  as  they  pretended,  to  travel  to  Boston  by  land.  The  petitioners  became  bound,  in  a  bond  to 
the  United  States,  in  the  sum  of  $9,384,  as  securities  for  the  re-landing  the  cargo  in  the  United  States. 

Young,  Turner,  and  I^ewis,  instead  of  proceeding  on  to  Boston  by  land,  went  to  Washington,  North  Carolina, 
and  thence  to  Ociacock,  and  on  the  arrival  of  the  Federal  Jack  at  the  inlet,  went  on  board  of  her.  The  petitioners 
state  th:it  Capt.  Brooks  being  apprehensive  of  those  persons,  he  informed  the  captaiii  of  the  revenue  cutter  at  that 
place,  that  he  believed  it  was  the  intention  of  Young,  Turner,  and  Lewis, 'jto  go  off  with  the  vessel  and  cargo,  in 
violation  of  the  embargo  laws,  and  had  them  removed  from  the  schooner;  it  is  also  stated,  that,  while  the  vessel  was 
passing  the  bar,  and  iinder  tlie  direction  of  the  pilot,  and  while  Capt.  Brooks  was  engaged  in  the  cabin,  writing,  Tur- 
ner and  Young  got  again  on  board  the  Federal  Jack,  and  took  the  schooner  from  him.  Capt.  Brooks  was  thereupon 
compelled  to  leave  the  vessel,  in  the  pilot  boat,  and  the  said  Turner  and  Young,  retaining  Preston  Hathaway  and  the 
two  negroes,  proceeded  on  their  voyage.  The  petitioners  state  that  they  have  heard  nothing  of  the  said  schooner; 
that  they  are  sued  for  the  penalty  of  the  bond,  and  pray  to  have  the  same  remitted.  The  Secretary  of  the  Treasury 
says,  in  a  note  on  the  petition,  "  the  collector  states  the  facts  to  be  true." 

The  committee  are  of  opinion  that  the  reasoning  in  support  of  remitting  the  penalty  incurred  by  Anthony  Buck 
is  infinitely  more  applicable  to  the  petitioner,  Hugh  Smith,  although,  in  support  of  his  case,  he  did  not  rely  on  the 
Governor-s  certificate  that  flour  was  wanting  for  the  consumption  of  Boston,  as  an  inducenient  to  his  becoming  the 
security  of  McClanahan.  The  committee,  induced  by  the  same  reasons  which  they  urged  in  support  of  the  case  of 
Anthony  Buck,  to  which  tiiey  beg  leave  to  refer,  (a.)  ask  permission  respectfully  to  submit  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner,  Hugh  Smith,  is  reasonable,  and  ought  to  be  granted. 

The  committee  have  given  to  the  cases  of  Henley  Woodward,  Philip  Rogers,  and  Nicholas  Rogers,  Jun.  John  P. 
White  and  William  A.  Caldwell,  William  Gaston,  and  of  James  Jones  and  James  Hathaway,  due  attention  and 
consideration. 

The  committee  cannot  perceive,  in  the  evidence  offered  in  support  of  the  above  cases,  any  thing  peculiarly  hard, 
or  that  the  petitioners  iiave,  by  any  act  of  the  Government,  been  induced  to  do  a  thing,  which  the  exercise  of  their 
own  judgments,  without  its  interference,  would  have  resisted.  If  the  committee  had  indulged  a  dispotition  of  bring- 
ing into  disrepute  penal  laws;  if  they  were  conscious  that  no  time  nor  occasion  could  justify  a  resort  to  them  for 
salutary  purposes,  or  their  enfoicemeiit,  when  enacted,  they  would  not  fail  to  seize  the  present  opportunity  of  making 
a  stand  against  this  bianch  of  jurisprudence;  but,  as  they  are  convinced  that  this  Government  cannot  be  supported 
without  the  aid  of  penal  statutes,  they  are  clearly  of  opinion  that  such  laws,  when  passed,  should  be  enforced.  They 
therefore  respectfully  submit  the  following  resolution: 

Resolved,  That  the  petitioners  have  leave  to  withdraw  their  petitions.       >     ,. 


[(c)  Note. — The  following  is  the  report,  in  the  case  of  Anthony  Bcik,  referred  to  in  the  foregoing:] 

The  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  ot  Anthony  Buck,  of  Frede- 
ricksburg, in  Virginia,  respectfully  submit  the  following  report: 

Anthony  Buck  and  a  certain  James  A.  Stuart,  in  1808,  became,  jointly  and  severally,  bound  in  a  bond  to  tlie 
United  States,  the  condition  of  which  was,  that  James  A.  Stuart,  master  of  the  Sally  Barker  Windsor,  of  Hingham, 
in  Massachusetts,  should  proceed  from  Fretlericksburg  to  Hingiiam,  with  a  cargo  of  flour,  &c. ;  and,  also,  that  the  said 
Stuart  should,  in  no  instance,  violate  the  provisions  of  the  embargo  laws.  The  following  statement  of  facts  is  made 
out  from  documents  in  the  possession  of  the  committee. 

To  preTent  evasions  and  violations  of  the  embargo  laws,  the  President  was  invested  with  powers  to  limit  the 
shipment  of  provisions  to  certain  places,  in  larger  quantities  than  was  necessary  for  the  supply  thereof.  The  letter 
of  the  President  to  certain  Governors,  of  GthMay,  1808,  is  as  follows:  "The  evasions  of  the  preceding  embargo 
laws  went  so  far  towards  defeating  their  objects,  and  chiefly  by  vessels  dealing  out  coastwise,  that  Congress,  by 
their  act  of  April  25th,  authorized  the  absolute  detention  of  all  vessels  bound  coastwise,  with  cargoes  exciting  sus- 
picions of  an  intention  to  evade  those  laws.  There  being  few  towns  (m  our  sea  coast  which  cannot  be  supplied  with 
flour  from  their  interior  country,  shipments  of  Hour  become  generally  suspicious,  and  proper  subjects  of  detention. 

is  one  of  the  few  places  on  our  sea  board,  which  needs  supplies  of  flour  by  sea,  for  its  own  consumption. 

That  it  may  not  suffer  by  the  cautions  we  are  obliged  to  use,  I  request  of  your  Excellency,  whenever  you  deem  rt 
necessary,  that  your  present,  or  any  future  stock  should  be  enlarged,  to  take  the  trouble  of  giving  your  certificate 
in  favor  of  any  merchant  in  whom  you  have  confidence,  directed  to  the  collector  of  any  port  usually  e:?porting  flour, 
from  which  he  may  choose  to  bring  it,  for  any  quantity  which  you  may  deem  necessary  for  consumption,  beyond 
your  interior  supplies.enclosing  to  the  Secretary  of  tlie  Treasury,  at  the  same  time,  a  duplicate  of  tlie  certificate, 
as  a  check  on  the  falsification  of  your  signature,  in  this  way  we  may  ensure  a  supply  of  the  real  wants  of  your  citi- 
zens, and,  at  the  same  time,  prevent  those  wants  from  being  made  a  cover  for  the  crimes  against  their  country,  which 
unprincipled  adventurers  are  in  the  habit  of  committing.     I  trust,  too,  that  your  Excellency  « ill  find  an  apology  for 


1810.1  REMISSION    OF    PENALTIES. 


421 


the  trouble  I  propose  to  give  you,  in  that  desire  which  you  must  feel,  in  common  witli  all  your  worthy  citi'/eus  that 
inconveniences  encountered  ciieerfully  by  them  tor  tlie  interests  of  their  country,  shall  not  be  lurned  merely  <o  the 
unlawful  profits  ot  the  most  worthless  part  of  society." 

The  selectmen  of  Hinghaiii  addressed  the  following  note  to  the  collector  of  Fiedericksburg,  (Tappahannock:) 

"  HiNOHAM,  Commonwealth  of  Muasachmtll^,  September  30,  1808. 

The  bearer,  Captain  James  Stuart,  of  the  schoonei-  Sally  Barkei-  AN'iudsor,  sai/a  froni  this  for  vour  port,  and 
is  desirous  of  purchasing  a  cargo  ot  flour,  corn,  &c.  &c.  for  this  and  the  adjacent  markets. 

These  necessary  articles  are  getting  scarce  and  dear.     If  you  will   permit  him  to  take  in  a  car^o  for  this  port 
you  will  oblige  your  humble  servants,  "  ' 

JONT.  CUSHING,  ->  Selectmen  of  the 

,..,.,,  ,.     ,  JEUEDIAII  LINCOLN,  (    tomiofUing- 

L ohhiLcn OH  of  J^edericksbierg,  la. ^  JOHN  LE.WETT,  j     ham. 

"  Plymouth,  ss.  3d  October,  1808, 

I  certify  that  the  signers  of  the  within  written  request  are  the  selectmen  of  the  town  of  Hingham  within  this 
county.  '^        ' 

SAMUEL  NORTON,  Jmtice  of  the  Peace.''' 

"The  Commonwealth  of  Mass.^chusetts: 

By  his  Excellency  James  Sullivan,  Esq.  our  Governor. 

TO  ALL  WHOM  IT  MAY  CONCERN; 

Know  ye,  that  Samuel  Norton,  Esq.  is  a  justice  of  the  peace  within  and  for  our  county  of  Plymouth,  duly  con- 
stituted, and  that,  to  his  acts  and  attestations,  as  such,  full  faith  and  credit  are,  and  ought  to  be,  given,  in  and  out  of 
court. 

In  testimony  whereof,  we  have  caused  our  seal  to  be  hereunto  affixed,  at  Boston,  tliis  fourth  day  of 
October,  A.  D.  1808,  and  in  the  thirty-third  year  of  the  independence  of  the  United  States  of 
America. 

JAMES  SULLIVAN. 
By  his  Excellency  the  Governor: 

WM.  TUDOR,  Secretary.'' 

James  Stuart  was  a  man  unknown  to  any  body  at  Fredericksburg,  when  lie  arrived  there.  As  is  customary  in 
all  our  sea  ports,  he  applied  to  the  petitioner,  Anthony  Buck,  a  commission  merchant  of  that  place,  to  purchase  a 
cargo  of  flour,  &c.  &c.  which  the  said  Buck  agreed  to  do,  receiving  therefor  the  usual  commissions.  On  the  vessel's 
being  loaded,  the  said  Stuart  informed  the  said  Buck  that,  unless  the  latter  became  his  surety  in  the  bond  required 
-by  the  emba.rgo  laws,  the  foriiier  could  not  return  home.  The  said  Buck,  in  consideration  ot  having  purch;ise(l  the 
cargo,  and  from  the  testimonials  above  inserted,  which  the  s:ud  Buck  took  as  a  public  recommendation  from  high 
authority,  of  the  integrity  of  the  said  Stuart,  became  his  surety  in  the  before  mentioned  bond. 

The  said  Stuart  states,  that,  near  Nantucket,  on  his  return  voyage,  he  lost  his  bowsprit,  in  a  violent  storm  and 
all  his  water,  except  one  cask;  that,  in  such  a  crippled  situation,  he  was  compelled  to  deviate  from  his  course'  and 
to  steer  for  some  Southern  port;  and  he  finally  succeeded  in  getting  into  Havana.  For  particulars,  the  prote'st  is 
referred  to. 

On  the  13th  of  November,  1809,  the  said  Buck  was  informed  that  the  sai«l  Stuart  had  arrived  at  Boston  from 
Havana,  notice  of  which  he  immediately  communicated  to  the  Secretary  of  the  Treasury,  for  the  purpose  of  hav- 
ing him  arrested  for  a  violation  of  the  embargo  laws.  The  petitioner  has  never  been  engaged  in  the  shippini^  busi- 
ness. His  character,  from  the  papers  accompanying  tlie  petition,  stands  tiiir.  He  has  always  proved  himseff  to  be 
a  good  citizen.  On  the  petition  is  endorsed,  in  the  hand  writing  of  the  Secretary  of  the  Treasury,  the  followin" 
notes:  " 

" —  facts  stated  by  the  district  judge  to  be  true,  I  have  no  doubt  of  the  innocence  of  the  petitioner.  Instruc- 
tions have  been  given  to  prosecute  Stuart,  in  Massachusetts."  'J'he  committee  beg  leave  to  refer  to  the  report  of 
the  Sec  retary  of  the  Treasury,  on  the  petition  of  Anthony  Buck,  dated  the  9th  of  January,  1810. 

The  committee,  on  a  full  cimsideration  of  the  facts,  as  above  stated,  are  convinced  that  the  petitioner  had  no 
intention,  in  becoming  the  surety  of  Captain  Stuart,  to  afford  the  latter  an  opportunity  of  evading  the  embaro-olaws 

They  are  iiersuaded  that  the  certificates  required  by  the  President's  letter  of  the  6th  of  ^lay,  1308,  to  enable, 
merchants  and  others  to  procure  supplies  for  home  consumption,  influe:iced  the  pecitioncr,  in  a  great  measure  to 
place  confidence  in  the  honor  and  integrity  of  Captain  Sluait.  As  the  certificates  alluded  to  are  set  forth  in  the 
statement  of  tacts  made  out  for  the  information  of  the  House,  the  committee  be"  leave  to  refer  to  them  for  particu- 
lars. To  say  that  penalties  incurred,  should,  in  no  case,  be  remitted,  would  be  unjust.  It  would  be  in  direct 
opposition  to  that  enlightened  system  of  jurisprudence  pursued  since  the  commencement  of  this  Government.  To 
say  that  they  ought  to  be  remitted,  generally,  would  be  to  disarm  the  republic  of  one  of  its  most  (.owerful  eii'^ines 
and  to  defeat  the  end  it  should  always  keep  in  view — the  good  of  the  whole.  ^      "' 

To  avoid  either  extreme,  the  committee  have  laid  it  down  as  a  rule,  never  to  recommend  a  relaxation  in  the 
execution  of  penal  laws,  except  in  very  hard  cases:  as,  \vhen  the  suffering  party  has,  by  an  act  of  any  branch  of 
Government,  been  induced  to  do  a  thing,  which,  if  it  had  not  been  for  such  official  act,  he  would  not  have  done 
The  case  of  the  petitioner  comes  within  the  scope  of  this  rule,  if  the  consideration  whicli  the  committee  have  giveri 
to  it  be  correct.  On  the  groun<l  that  the  petitioner  was  induced,  by  the  certificates  above  referred  to,  to  become  the 
surety  of  Captain  Stuart,  they  ask  permission  to  submit  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petitioner  is  reasonable,  and  ought  to  be  granted. 


Fredericksburg,  22^/  October,  1808. 
Sir: 

The  Governor  of  Massachusetts  having,  for  some  time  back,  declined  to  grant  certificates  for  the  transporta- 
tion of  provisions  coastwise,  the  selectmen  of  the  several  towns  have  taken  that  authority  upon  themselves:  but  the 
collector  of  our  district  informs  me  that,  agieeably  to  his  instructions,  he  cannot  permit  Captain  Stuart  to  clear  out 
with  more  than  one-third  of  the  value  of  the  vessel  in  produce,  without  permission  from  you.  I  have  taken  the 
liberty  to  enclose  the  certificate  for  your  consideration,  and  have  hopes  that  you  will'Ssee  the  necessity  of '^rantin'' 
leave  to  load,  on  board  the  schooner  Sally  Barker  Windsor,  one  thousand  barrels  of  flour,  to  be  cleared  out.  under 
bonds,  tor  the  port  of  Boston. 

I  am,  with  great  respect,  &c. 

ANTHONY  G.  BUCK. 
Albert  Gallatin,  Esq. 

54  tt 


422  FINANCE.  [1810. 


Treasury  Department,  October  24,  1808. 

Your  letter  of  22d  instant  has  been  laid  before  the  President.    He  does  not  think  it  proper  to  direct  the  col- 
lector of  Tappahannock  to  deviate,  in  this  instance,  from  the  general  rules  by  which  he  has  heretofore  been  governed. 

I  am,  very  respectfully,  &c. 

ALBERT  GALLATIN. 
Mr.  Anthony  G.  Buck,  Fredericksburg. 


Tni;AsuRY  Department,  October  2ith,  1808. 


Sir: 


I  enclose  a  certificate  of  the  selectmen  of  Hingham,  directed  to  you,  and  copy  of  a  letter  written  this  day  to 
Mr.  Buck,  of  Fredericksburg,  who  had  transmitted  that  paper.  I  do  not  know  on  what  grounds  that  paper  was 
issued  J  and  if  it  shall  be  found  necessary  to  ascertain  the  extent  of  shipments  of  flour  and  corn  requisite  for  the  con- 
sumption of  Massachusetts,  other  steps  will  be  taken  for  that  purpose. 

I  am,  very  respectfully,  &c. 

ALBERT  GALLATIN. 
Laurence  Muse,  Esq.  Collector,  Tappahannock. 


nth  Congress.]  No.  323.  [2d  Session. 


REVENUE  BONDS  OUTSTANDING. 

commx;nicateq  to  the  senate,  april  17,  1810. 

Treasury  Department,  .Spril  16,  1810. 

Sir  * 

1  have  the  honor,  in  obedience  to  the  resolution  of  the  Senate,  of  the  ISili  instant,  to  transmit  a  statement  of 
the  outstanding  revenue  bonds,  amounting,  on  the  first  day  of  January  last,  to  $9,600,000. 

But  in  that  are  included  all  the  bad  (lel)ts  which  have  accrued  on  revenue  bonds,  from  the  commencement  of  this 
Government  to  that  day.  These,  together  with  the  debentures  issued  prior  to  the  first  day  of  January  last,  and 
remaining  unpaid  on  that  day,  are  estimated  at  one  million  of  dollar^,,  at  least,  and  must  be  deducted  from  that 
nominal  amount.     The  expenses  of  collectiim  may  be  estimated  at  about  four  hundred  thousand  dollars. 

Tlie  balance  remaining  in  the  treasury  on  the  first  day  of  January  last,  amounted  to  $3,817,976  54. 

It  may  not  be  improper  to  add,  that  the  estimates  of  the  probable  receipts  of  this  year,  as  stated  in  the  annual 
report  made  at  the  commencement  of  the  present  session  of  Congress,  will  not,  so  far  as  is  now  known,  difter  mate- 
rially from  the  actual  receipts,  unless  the  exportations  of  foreign  produce  should  exceed  what  had  been  presumed. 
The  total  amount  of  debentures  payable  in  the  year  1810,  had  been  there  estimated  at  two  millions  of  dollars;  and 
those  paid  before  the  first  of  Aiiril,  amounted,  alrwuiy,  to  $1,360,000. 

I  have  the  honor  to  be.  &c. 

ALBERT  GALLATIN. 

Tiie  Honorable  the  PRESiDEN-r  of  the  Senate. 


1810.] 


RECEIPTS    AND    PUBLIC    DEBTS. 


423 


Statcmmt  of  bonds  for  duties  on  merchandise  imported,  outstanding  at  the  several  custom  houses  on  th  1st  Juan 
ary,  1810,  taken  from  the  accounts  current  of  the  collectors,  as  rendered  to  the  treasury. 


Portsmouth, 

Passaniaquoddy, 

Frenchman's  Bay, 

Penobscot, 

Waldoborough, 

Wiscasset, 

Bath,    - 

Portland, 

Saco,     - 

Kennebunk, 

York,    - 

Nevvburyport, 

Ipswicli, 

Gloucester, 

Salem, 

Marblehead,     - 

Boston, 

Plymouth,  Mass. 

Barnstable, 

New  Bedford, 

Dighton, 

Nantucket, 

Edgartown, 

Bristol. 

Providence, 

Newport, 

New  London, 

Middletown,    - 

New  Haven,    - 

Fairfield, 

AUburgh,  Vt. 

Champlain, 

Hudson, 

Sagg  Harbor,     - 

New  York, 


Amount  of  bonds 
outstanding'  Ja- 
nuary 1,  1810. 


$6C.9C0  72 

(«)22.2-29  69 

397  50 

11,887  03 


98 
53 
69 
60 
39 


7,273 

19,875 

19,881 

39,026 

8.375 

15,892  50 

15,930  31 

43,515  89 

(«)1,595   19 

23,715  38 

391,128  69 

24.982  39 

(a)  1,245, 634  84 

19.640  12 

10,217  60 

5,440  29 

2,669  95 

8,876  04 

612  28 

19,856  81 

95,240  28 

31,306  37 

23,420  39 

35,254  61 

30,302 

2,735 

12,706 

5,985 

1,014 

277 


88 
15 
23 
25 
54 
52 


3,364,102  60 


Perth  Amboy, 
Great  hlgg  Ilarbor, 
Philadelphia,  - 
Detroit, 

Michilimackinack, 
Wilmington,  Del. 
Baltimore, 
Vienna, 
Snow  Hill, 
Georgetown,  Col. 
Alexandria,    - 
Yeocomico, 
Tappahannock, 
East  River,     - 
Richmond, 
Petersburg,     - 
Norfolk, 
Folly  Landing, 
Cherry  vStone, 
Camden, 

Edenton, 

Plymouth,  N.  C. 

Washington,  - 

Newbern, 

Beaufort,  N.  C. 

Wilmington,  N.  C. 

Georgetown,  S.  C. 

Charleston,     - 

Savannah. 

Brunswick, 

St.  Mary's,  Ga. 

Fort  Stoddert, 

New  Orleans, 


Amount  of  bonds 
outstanding'  Ja- 
nuary 1,  1810. 


Total, 


$6,730 

21 

( a) 1,077 

36 

1,949,019 

47 

1,319 

69 

(«)  12,032 

30 

29,408 

41 

022,249 

52 

558 

14 

2,858 

76 

8,194 

06 

29,855 

83 

941 

00 

29,411 

07 

4,368 

86 

13,501 

91 

13,718 

79 

153,875 

60 

6,335 

68 

496 

19 

16,561 

59 

6,845 

87 

2,932 

44 

52,617 

93 

15,702 

75 

207 

25 

33.466 

22 

11,206 

81 

556,215 

57 

(a)250,000 

00 

773 

68 

18,927 

92 

163 

87 

121,749 

97 

$9,600,717  55 


(a)  These  ports  are  on  estimate. 


11th  Congress.] 


No.  324. 


[2d    Session. 


Sir: 


RECEIPTS   AND   PUBLIC    DEBT. 

COMMUNICATED    TO   THE    HOUSE    OF    REPRESENTATIVES.   APRIL    17,  1810. 

Treasury  Department,  j3pril  I6th,  1810. 


I  have  the  honor  in  obedience  to  the  resolution  of  the  House,  of  the  11th  instant,  to  transmit  a  statement  of 
the  annual  receipts  into  the  treasury,  from  the  4th  day  of  March,  1789,  to  the  31st  day  of  December,  1809;  and  a 
statement  of  the  amount  of  debt  annually  incuired  and  reimbursed  during  the  same  period. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


424 


FINANCE. 


[1810. 


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1810.] 


MANUFACTURES. 


425 


Statement  of  the  annual  amoitnl .  and  of  the  annual  increase  and  decrease  of  the  public  debt,  from  \>st  January, 

1791,  to  1st  January,  1810. 


Amount  of  Public  Debt  on  the  first  day  of  each  year. 

Amount  of  Public  Debt 

annually  incurred 

and 

reimbursed. 

1st  of 
Jan. 

Gross  amount 

Payments  made 
by  tlic  Treasu- 

Amount  of  c 

Icbt 

Payments 
cacli  year 

in 
on 

Amount  of  < 

lebt 

Annual  increase 

Annual  decrease 

in  the 
years 

of  debt. 

of  subsequent 
years. 

unprovided  for. 

account  of 
cipal. 

jrin- 

conti-actec 

of  debt. 

of  debt. 

1791 

75,463,476  ,52 

293,502  31 

75,169.974 

21 

3.324,842 

86 

5,089,291 

00 

1,761,448 

14 

1792 

77.227,934  66 

854,157  50 

76.373,767 

16 

2.056,208 

86 

5,180,918 

24 

3,124,709 

38 

_ 

1793 

80,352,634  01 

2,764,636  11 

77,.087,997 

93 

3,189,932 

63 

1,264,703 

36 

- 

1,925,229  27 

1794 

78.427,401  77 

2,431,234  21 

75,996,170 

56 

2,420,520 

74 

4.740,703 

36 

2,320,182 

62 

. 

1795 

80,747,587  39 

2.597,649  56 

78,149,937 

83 

2,949,115 

32 

5,964,000 

00 

3,014,584 

68 

_ 

1796 

83,762,172  07 

2,119,899  11 

81,642.272 

96 

2,097,692 

74 

400,000 

00 

- 

1,697,692  74 

1797 

82,064,479  33 

1,130,455  79 

80.934,023 

54 

2,835,950 

21 

- 

- 

2,835,950  21 

1798 

79,228,529  12 

734,363  37 

78,494,165 

75 

1,027,324 

42 

207,465 

07 

- 

819,859  35 

1799 

78.408,669  77 

1,008,700  42 

77,399,909 

35 

1,144,075 

42 

5,711,700 

00 

4,567,624 

58 

_ 

1800 

82,976,294  35 

1,342,968  61 

81.633,325 

74 

1,419,943 

55 

1,481,700 

00 

61,756 

45 

- 

1801 

83,038,050  80 

1,037.883  44 

82,000,167 

36 

2,325,418 

55 

- 

- 

2,325.418  55 

1802 

80,712,632  25 

1.958.063  55 

78,754,568 

70 

3,657,945 

95 

- 

- 

3,657,945  95 

1803 

77,054,686  30 

2.322,763  45 

74,731,922 

85 

5.627,565 

42 

15,000,000 

00 

9,372,434 

58 

- 

1804 

86,427,120  88 

1.073,477  66 

85.353,643 

22 

4,114,970 

38 

- 

- 

4,114,970  38 

1805 

82,312,150  50 

1,778,091  85 

80,534,058 

65 

0,588,879 

84 

- 

- 

6,588,879  84 

1806 

75.723,270  66 

1,180,313  04 

74,542,957 

62 

6,504,872 

02 

- 

- 

6,504,872  02 

1807 

69,218,398  64 

1,486,7.53  02 

67,731,645 

62 

4,022,080 

67 

- 

4,022,080  67 

1808 

65,196,317  97 

453,991  71 

64,742.326 

26 

8,173,125 

88 

" 

. 

8.173,125  88 

1809 

57,02.3,192  09 

290.812  28 

56.732,379 

81 

3,850,889 

77 

. 

3,850,889  77 

1810 

53,172.302  32 

15,769  68 

53,156,532 

64 

- 

- 

- 

KECAPITULATION. 
Debt  oTi  1st  Januarjs  1791,  -...-. 

Debt  contracted  from  1st  January,  1791,  to  1st  January,  1801, 
Deduct  debt  reimbursed  during  the  same  period, 

Increase  of  debt  in  those  ten  years,  .... 

Debt  on  1st  January,  1801,  .  .  .  .  . 

Debt  reimbursed  IVom  1st  January,  1801,  to  1st  January,  1810, 
Deduct  debt  contracted  during  the  same  period. 

Decrease  of  debt  in  those  nine  years, 

Debt  on  1st  January,  1810,  .  .  .  _  . 

But  as  this  sum  of  $53,172,302  32  includes  the  Louisiana  stock. 

The  old  debt  remaining  due  on  the  1st  January,  1810,  is  only 
And  the  old  debt  redeemed  during  the  last  nine  years,  amounts  to 

Debt  on  1st  January,  1801,  -  .  .  _  . 


30,040,481   03 
22,465,906  75 


44,865,748  48 
15,000,000  00 


$75,463,476  52 

7,574,574  28 
83,038,050  80 

29,865,748  48 

53,172,302  32 
11,250,000  00 


41,922,302  32 
41,115,748  48 


$83,038,050  80 


11th  Congress.] 


No.  325. 


[2d  Session. 


Sir: 


MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  APRIL  19,   1810. 

Treasury  Department,  ^pril  17,  1810. 


In  obedience  to  the  resolution  of  the  House,  I  have  the  honor  to  transmit  a  report,  in  part,  on  the  subject  of 
American  manufactures. 

Some  important  information  has  been  obtained,  but  is,  in  general,  partial  and  defective:  and  it  would  have  been 
desirable  that  the  report  might  have  been  delayed  till  the  next  session. 

Permit  me  to  observe,  that  the  approaching  census  might  aflord  an  opportunity  to  obtain  detailed  and  correct 
information  on  that  subject,  provided  that  the  deputy  marshals  were  directed  by  Congress  to  collect  it,  and  to  make 
returns  in  such  form  as  would  be  prescribed. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives,  respectfully  sub- 
mits the  following  report,  in  part,  on  the  subject  of  domestic  manufactures: 

The  following  manufactures  are  carried  on  to  an  extent  which  may  be  considered  adequate  to  the  consumption 
of  the  United  States,  the  foreign  articles  annually  imported  being  less  in  value  than  those  of  American  manufac- 
ture belonging  to  the  same  general  class,  which  are  annually  exported,  viz: 


426  FINANCE.  [1810. 


Manufactures  of  wood,  or  of  which  wood  is  the  principal  material. 
Leather,  and  manufactures  of  leather.  Refined  sugar. 

Soap,  and  tallow  candles.  Coarse  earthen  ware. 

Spermaceti  oil  and  candles.  SnufF,  chocolate,  hair  powder,  and  mustard. 

Flaxseed  oil. 
The  following  branches  are  firmly  established,  supplying,  in  several  instances,  the  greater,  and,  in  all,  a  conside- 
rable, part  of  the  consumption  of  the  United  States,  viz: 

Iron,  and  manufactures  of  iron.  Gunpowder. 

Manufactures  of  cotton,  wool,  and  flax.  Window  glass. 

Hats.  Jewelry  and  clocks. 

Paper,  printing  types,  printed  books,  playing  cards.  Several  manufactures  of  lead. 

Spirituous  and  malt  liquors.  Straw  bonnets  and  hats. 

Several  manufactures  of  hemp.  Wax  candles. 

Progress  has  also  been  made  in  the  following  branches,  viz: 

Paints  and  colors,  several  chemical  preparations  and  medicinal  drugs,  salt,  manufactures  of  copper  and  brass, 
japanned  and  plated  ware,  calico  printing,  queens  and  other  earthen  and  glass  wares,  &c. 

Many  articles,  respecting  which  no  intormation  has  been  received,  are  undoubtedly  omitted;  and  the  sub- 
stance of  the  information  obtained,  on  the  most  important  branches,  is  comprehended  under  the  following  heads: 

Tfoocl,  and  Manufactures  of  Wood. 

All  the  branches  of  this  manufacture  are  carried  to  a  high  degi-ee  of  perfection,  supply  the  whole  demand  of  the 
United  States,  and  consist  principally  of  cabinet  ware,  and  other  household  furniture,  coaches  and  carriages,  either 
for  pleasure  or  transportation,  and  ship  building. 

The  ships  and  vessels,  above  twenty  tons  burthen,  built  in  the  United  States  during  the  years  1801  to  1807, 
measured  774,9'32  tons,  making,  on  an  aveiage,  about  110,000  tons  a  year,  and  worth  more  than  six  millions  of  dol- 
lars. About  two  thirds  were  registered  for  the  foreign  trade,  and  the  remainder  licensed  for  the  coasting  trade  and 
fisheries. 

Of  the  other  branches,  no  particular  account  can  be  given.  But  the  annual  exportations  of  furniture  and  car- 
riages amount  to  170,000  dollars.  The  value  of  the  whole,  including  ship  building,  cannot  be  less  than  twenty  mil- 
lions of  dollars  a  year. 

Under  this  head  may  also  be  mentioned  pot  and  pearl  ash,  of  wliich,  besides  supplying  the  internal  demand, 
7,400  tons  are  annually  exported. 

Leather,  and  Manufactures  of  Leather,    i 

Tanneries  are  established  in  every  part  of  the  United  States,  some  of  them  on  a  very  large  scale — the  capital 
employed  in  a  single  establishment  amounting  to  one  hundred  thousand  dollars.  A  few  hides  are  exported,  and  it 
is  stated  that  one-tiiird  of  those  used  in  the  great  tanneries  of  the  Atlantic  States  are  imported  from  Spanish 
America.  Some  superior  or  particular  kinds  of  English  leather  and  morocco  are  still  imported;  but  about  350,000 
pounds*  of  American  leatiier  are  annually  exported.  The  bark  is  abundant  and  cheap;  and  it  seems,  by  the  annexed 
communication,  marked  A,  that  hides  cost,  in  America,  5^  cents,  and  in  P^ngland,  seven  cents  a  pound;  that  the 
bark  used  for  tanning,  costs,  in  England,  nearly  as  much  as  the  hides,  and  in  America  not  one-tenth  part  of  that 
sum.  It  is,  at  the  same  time,  acknowledged,  that  much  Anierican  leather  is  brought  to  market,  of  an  inferior 
quality,  and  that  better  is  generally  made  in  the  middle  than  in  the  Northern  or  Southern  States.  The  tanneries 
of  the  State  of  Delaware  employ,  collectively,  a  capital  of  one  hundred  and  twenty  thousand  dollars,  and  ninety 
workmen,  and  make,  annually,  one  hundred  thousand  dollars'  worth  of  leather.  Those  of  Baltimore  amount  to 
twenty-two,  seventeen  of  which  have,  together,  a  capital  of  187,000  dollars,  and  tan,  annually,  19,000  hides,  and 
25,000  calf  skins. 

Morocco  is  also  made  in  several  places,  partly  from  imported  goat  skins,  and  principally  from  sheep  skins.  And 
it  may  be  proper  here  to  add,  that  deer  skins,  which  form  an  article  of  exportation,  are  dressed  and  manufactured 
in  the  United  States,  to  the  amount  required  for  the  consumption  of  the  country. 

The  principal  manufactures  of  leather  are  those  of  shoes  and  boots,  harness  and  saddles.  Soine  inconsiderable 
quantities  of  the  two  last  articles  are  both  imported  and  exported.  The  annual  importation  of  foreign  boots  and 
shoes,  amounts  to  3,250  pair  boots  and  59,000  pair  of  shoes,  principally  kid  and  morocco.  The  annual  exportation 
of  the  same  articles,  of  American  manufacture,  to  8,500  pairol'  boots  and  127,000  pair  of  shoes.  The  shoe  manu- 
factures of  New  Jersey  are  extensive.  That  of  Lynn,  in  Massachusetts,  makes  100,000  pair  of  women's  shoes 
annually. 

The  value  of  all  the  articles  annually  manufactured  in  the  United  States,  which  are  embraced  under  tliis  head, 
(leather)  may  be  estimated  at  twenty  millions  of  dollars. 

Soap,  and  Tallow  Candles. 

A  great  portion  of  the  soap  and  candles  used  in  the  United  States  is  a  family  manufacture.  But  there  are  also 
several  establishments,  on  an  extensive  scale,  in  all  the  large  cities,  and  several  other  places.  Those  of  the  village 
of  Roxbury,  near  Boston,  employ,  alone,  a  capital  of  (me  hundred  thousand  dollars,  and  make,  annually,  370,000 
pounds  candles,  380,000  pounds  brown  soap,  and  50,000  pounds  windsor  and  fancy  soap,  with  a  profit,  it  is  said,  of 
15  per  centum  on  the  capital  employed. 

The  annual  importations  of  foreign  manufacture,  are,  candles,  158,000  pounds,  soap,  470,000  pounds. 

The  annual  exportations  of  domestic  manufacture,  are,  candles,  1,775,000  pounds,  soap,  2,220,000  pounds. 

The  annual  value  manufactured  in  the  United  States,  and  including  the  quantity  made  in  private  families,  for 
their  own  use,  cannot  be  estimated  at  less  than  eight  millions  of  dollars. 

Spermaceti  Oil  and  Candles. 

The  establishments  for  this  manufacture  are  at  Nantucket  and  New  Bedford,  in  Massachusetts,  and  at  Hudson, 
in  New  York.  Besides  supplying  the  whole  of  the  domestic  consumption,  they  furnished,  annually,  for  exportation 
to  foreign  countries,  230,000  pounds  of  candles,  and  44,000  gallons  of  oil.  The  whole  quantity,  annually  manufac- 
tured, amounted  to  about  300,000  dollars.  But  the  exclusion  from  foreign  markets  has  lately  aft'ected  the  manu- 
facture. 

Befined  Sugar. 

The  annual  importations  of  foreign  refined  sugar  amount,  for  the  years  1803  to  1807,  to  47,000  pounds. 

The  annual  exportation  of  Auierican  refined  sugar,  amount,  for  the  same  years,  to  150,000  pounds. 

The  then  existing  duty  was,  in  the  year  1801,  collected  on  3,827,000  pcmnds;  and  as  the  manufacture  has  kept 
pace  with  the  increase  of  population,  tlie  quantity  now  annually  made  may  be  estimated  at  five  millions  of  pounds, 
worth  one  million  of  dollars.  The  capital  employed  is  stated  at  three  millions  and  a  half  of  dollars;  and  as  the  esta- 
blishments have  increased  in  number,  some  ot  them  have  declined  in  business.  It  is  believed  that,  if  a  drawback, 
equivalent  to  the  duty  paid  on  the  imnortation  of  the  brown  sugar  used  in  the  refined  sugar  exported,  was  again 
allowed,  the  foreign  demand,  particularly  of  Russia,  would  give  a  great  extension  to  this  branch.  A  special  report 
has  been  made  on  that  subject  to  the  committee  of  commerce  and  manufactures. 

•Unless  otherwise  stated,  the  importations  and  exportations  are  in  this  report  taken  on  tlie  averag'e  of  the  years  1806  and  1807. 


1810.] 


MANUFACTURES. 


427 


COTTON,   WOOL,   AND  FLAX. 

I.  Spinning  Mills  and  Manufacturing  Establishments. 

The  first  cotton  mill  was  erected  in  the  State  of  Rhotle  Island,  in  the  year  1791;  another,  in  tiie  same  State,  in 
the  year  1795;  and  two  more,  in  the  State  of  Massacliusetts,  in  the  years  1803  and  1801.  During  the  three  succeed- 
ing years,  ten  more  were  erected  or  commenced,  in  Rhode  Island,  and  one  in  Connecticut;  making,  altogether,  fifteen 
mdls  erected  before  the  year  1808.  working,  at  that  time,  about  eight  tliousand  spindles,  ami  producing  about  three 
hundred  thousand  pounds  of  yarn  a  year. 

Returns  have  been  received  of  eighty-seven  mills,  which  were  erected  at  the  end  of  the  year  1809:  sixty-two  of 
which  (forty -eight,  water,  and  fourteen,  horse,  mills)  were  in  operation,  and  worked,  at  that  time,  thirly-one  thou- 
sand spindles.  The  other  twenty-five  will  all  be  in  operation  in  the  course  of  this  year,  and,  together  witii  the 
former  ones,  (almost  all  of  which  are  increasing  their  machinery)  will,  by  the  estimate  received,  work  more  than 
eighty  thousand  spindles  at  the  commencement  of  the  year  1811. 

The  capital  required  to  carry  on  the  manufacture,  on  the  best  terms,  is  estimated  at  the  rate  of  one  hundred 
dollars  for  each  spindle;  including  both  the  fixed  capital  applied  to  the  purchase  of  the  mill-seats,  and  to  the  con- 
struction of  the  mills  and  machinery,  and  that  employed  in  wages,  repairs,  raw  materials,  goods  on  hand,  and  con- 
tingencies. Hut  it  is  believed  that  no  more  than  at  the  rate  of  sixty  dollars  for  each  spinille  is  generally  actually 
employed.  Forty-five  pounds  of  cotton,  worth  about  20  cents  a  pound,  are,  on  an  average,  annually  used  fur  each 
spindle;  and  these  produce  about  thirty-six  pounds  of  yarn,  of  different  (jualities,  worth,  on  an  average,  one  dollar 
and  twelve  and  a  half  cents  a  pound.  Eight  hundred  spindles  employ  forty  persons,  viz:  five  men  and  thirty-five 
women  and  children.    On  those  data,  the  general  results  for  the  year  1811,  are  estimated  in  the  following  table: 


Mills. 

Spindles. 

Capital 
employed. 

Cotton  used. 

Yarn  spun. 

Persons  employed. 

No. 

No. 

Dollars. 

Pounds. 

Value. 

Pounds. 

Value. 

Men. 

Women  and 
children. 

Total. 

87 

80,000 

4,800,000 

3,600,000 

720,000 

2,880,000 

3,240,000 

500 

3,500 

4,000 

The  increase  of  carding  and  spinning  of  cotton  by  machinery,  in  establishments  for  that  purpose,  and  exclusively 
of  that  done  in  private  families,  has,  therefore,  been  fourfold,  during  the  two  last  years,  and  will  have  been  tenfold 
in  three  years.  The  table  B  shews  the  situation  and  extent  of  those  several  mills,  and  that,  although  the  greater 
number  is  in  the  vicinity  of  Providence,  in  Rhode  Island,  they  are  scattered  and  extending  throughout  all  the 
States.  Those  situated  within  thirty  miles  of  Providence,  arc  exhibited  in  the  table  C,  and  the  statement  marked 
D  gives  the  details  of  one  of  the  establishments,  as  furnished  by  the  proprietors. 

The  seventeen  mills  in  the  Slate  of  Rhode  Island,  included  in  the  table  C,  which  were  in  operation,  and  worked 
14,290  spinilles  in  the  year  1809,  are  also  stated  to  have  used,  during  that  year,  640,000  pounds  of  cotton,  which 
produced  510,000  pounds  of  yarn;  of  which,  124,000  pounds  were  sold  for  thread  and  knitting;  200,000  pounds  were 
used  in  manufactures  attached  to,  or  in  the  vicinity  of,  the  mills;  and  the  residue  was  either'sold  for  wick,  and  for 
the  use  of  family  manufactures,  or  exp;)rted  to  other  parts.  Eleven  hundred  looms  are  said  to  be  employed  in 
weaving  the  yarn  spun  by  those  mills  into  goods,  principally  of  the  following  descriptions,  viz: 

Bed  ticking,  sold  at  55  to  90  cents  per  yard; 

Stripes  and  checks,  sold  at  30  to  42  cents  per  yard; 

Ginghams,  sold  at  40  to  50  cents  per  yaid; 

Cloth,  for  shirts  and  sheeting,  soKl  at  35  to  75  cents  per  yard; 

Counterpanes,  at  8  dollars  each. 

Those  several  goods  are  already  equal,  in  appearance,  to  the  English  imported  articles  of  the  same  description, 
srior  in  durability;  and  the. /j/iis'/fm^- is  still  improving.     The   proportion  of  fine  yarns  is     '       ' 


also 


increasmg. 


rhe  same  articles  are  manufactured  in  several  other  places,  and  particularly  at  Philadelphia,  where  are  also 


and^upe 

ame  articles  are  manufactured  in  several  ofiier  placi 
made,  fiom  the  same  material,  webbing  and  coach  laces,  (which  articles  have  also  excluded,  or  will  soon  exclude, 
similar  fi>reign  importations)  table  and  other  diaper  cloth,  jeans,  vest  patterns,  cotton  kerseymeres  and  blankets.' 
The  manufacture  of  fustians,  cords,  and  velvet,  has  also  been  commenced  in  the  interior  and  western  parts  of 
Pennsylvania,  and  in  Kentucky. 

Some  of  the  mills,  above  mentioned,  are  also  employed  in  carding  and  spinning  wool,  though  not  to  a  considerable 
amount.  But  almost  the  whole  of  that  material  is  spun  and  wove  in  private  families;  and  there  are  yet  but  invr 
establishments  for  the  manufacture  of  woollen  cloths.  Some  information  has,  however,  been  received,  respecting 
fourteen  of  these,  as  stated  in  table  E,  manufacturing,  each,  on  an  average,  ten  thousand  yards  of  cloth  a  year,  worth 
from  one  to  ten  dollars  a  yard.  It  is  believed  that  there  are  others,  from  which  no  information  has  been  obtained;  and 
it  is  known  that  several  establishments,  (in  a  smaller  scale,  exist  in  Philadelphia,  Baltimore,  and  some  other  places. 
All  those  cloths,  as  well  as  those  manufactured  in  private  families, are  generally  superior  in  quality,  though  somewhat 
inferior  in  appearance,  to  imported  cloths  of  the  same  price.  The  principal  obstacle  to  the  extension  of  the  manufac- 
ture is  the  want  of  wool,  which  is  still  deficient,  both  m  (juality  and  quantity.  But  those  defects  are  daily  and  rapidly 
lessened,  by  the  introduction  of  sheep  of  the  merino  and  other  superior  breeds;  by  the  great  demand  for  the  article; 
and  by  the  attention  now  every  where  paid  by  farmers  to  the  increase  and  improvement  of  their  Hocks. 

Manufacturing  establishments,  for  spinning  and  weaving  flax,  are  yet  but  few.  In  the  Slate  of  New  York,  there 
is  one.  which  employs  a  capital  of  18.000  dollars,  and  twenty  six  persons,  and  in  which  about  ninety  thousand 
pounds  of  flax  i.re  annually  spun  and  wove,  into  canvass  and  other  coarse  linen.  Information  has  been  received 
respecting  two.  in  the  vicinity  of  Philadelphia,  one  of  which  produces,  annually,  72,000  yards  of  canvass,  made  of  flax 
ami  cotton;  in  the  other,  the  flax  is  both  hackled  and  spun  by  machinery:  thirty  looms  are  employed:  and  it  is  said 
that  500,000  yards  of  cotton  bagging,  sail  cloth,  and  coarse  linen,  may  be  made  annuall)^ 

Hosiery  may  also  be  considered  as  almost  exclusively  a  hou?ehold  manufacture.  That  of  Germantown  has  declined, 
and  it  does  not  appear  to  have  been  attempted  on  a  large  scale  in  other  places.  There  are.  however,  some  excep- 
tions; and  it  is  stated  that  the  island  of  Martha's  Vineyard  exports,  annually,  nine  thousand  pair  of  stockings. 

II.  Household  Maymfaclures. 

But  by  far  the  greater  part  of  the  gf)ods  made  of  those  materials,  (cotton,  flax,  and  wool.)  are  manufactured  in 
private  families,  mostly  for  their  own  use,  and  partly  for  sale.  They  consist  principally  of  coarse  cloth,  flannel,  cotton 
stufts.  and  s^tripes  ofeyery  description,  linen,  and  mixtures  of  wool  with  flax  or  cotton.  The  information  received 
from  every  State, and  from  more  than  sixtydiflerent  places,concuis  inestablishingthefactof  an  extraordinary  increase, 
during  the  two  last  years,  and  in  rendering  it  probable  that  about  two-thirds  of  the  clothing,  including  hosiery,  and 
of  the  house  and  table  linen,  worn  and  used  by  the  inhabitants  of  the  United  States,  who  do  not  reside  in  cities,  is 
the  product  ol  family  manufactures. 

In  the  Eastern  and  Middle  States,  carding  machines,  worked  by  water,  are  every  where  established,  and  they 
are  rapidly  extending  southwardly  and  westwardly.  Jennies,  other  family  spinning  machines,  and  flying  shuttles", 
are  also  introduced  m  many  places;  and  as  many  fulling  mills  are  erected  as  are  required  for  finishing  all  the  cloth 
which  is  woven  in  private  families.     (See  note  F  and  statement  G.) 


428  FINANCE.  [1810. 

Difficult  as  it  is  to  form  an  estimate,  it  is  inferred,  from  a  comparison  of  all  the  facts  which  have  been  communi- 
cateil,  with  the  population  of  the  United  States,  (estimated  at  six  millions  of  white  and  twelve  hundred  thousand 
black  persons)  that  the  value  of  all  the  goucls  made  of  cotton,  wool,  and  flax,  which  arc  annually  manufactured  in 
the  United  States,  exceeds  forty  millions  of  dollars. 

The  manufacture  of  cards  and  wire  is  intimately  connected  with  this  part  of  the  subject.  Whittemore's  machine 
for  making  cards  has  completely  excluded  foreign  importations  of  that  article.  It  will  appear,  by  the  communication 
H,  that  the  capital  employed  in  that  branch  may  be  estimated  at  200,000  dollars;  and  that  the  annual  consumption 
amounted,  till  lately,  to  twenty  thousand  dozen  pair  of  hand  cards,  and  twenty  thousand  square  feet  of  cards  for 
machines,  worth  together  about  200,000  dollars.  The  demand  of  last  year  was  double  that  of  180S,  and  is  still 
rapidly  increasing.  But  the  wire  itself  is  altogether  imported,  and  a  very  serious  inconveniency  might  arise  from 
any  regulation  which  would  check  or  prevent  the  exportation  i'rom  foreign  countries.  It  appears,  however,  by  the 
communication  I,  that  the  manufacture  may,  and  would  be,  immediately  established,  so  as  to  supply  the  demand  both 
for  cards  and  other  objects,  provided  the  same  duty  was  impose(j  on  wire,  now  imported  duty  free,  which  is  laid  on 
other  articles  made  of  the  same  material.  The  whole  amount  of  wire,  annually  used  for  cards,  does  not  at  present 
exceed  twenty-five  tons,  worth  about  40,000  dollars. 

Hats. 
The  annual  importations  of  foreign  hats  amount  to  -....-  $350,00000 

The  annual  exportation  of  American  hats  to         ------  -  100,000  00 

The  d!)mestic  manufacture  is,  therefore,  nearly  equal  to  the  home  consumption.  The  number  made  in  the  State 
of  Massachusetts  is  estimated,  by  the  hat  company  of  Boston,  at  lour  times  the  number  required  for  the  consumption 
of  the  State:  and  from  other  information  it  would  appear,  that,  in  that  State  alone,  the  capital  applied  to  that  branch  is 
near  three  millions  of  dollars,  the  number  of  persons  employed  about  four  thousand,  and  the  number  of  hats  annually 
made,  1,550,000;  of  which.  1,150,000  are  fine  hats,  worth,  on  an  average,  four  dollars  each,  and  400,000  felt  ha^s, 
worth  one  dollar  each.  That  the  manufacture  is  still  profitable,  appears  from  a  late  establishment  on  Charles  river, 
calculated  to  make,  annually,  35,000  hats,  at  five  dollars  a  piece,  and  to  employ  150  workmen. 

The  quantity  made  in  Rhode  Island,  is  stated  at  50,000,  \\'orth  $5  each,  exclusively  of  felt  hats.  (Connecticut 
and  New  York  make  more  than  is  necessary  for  their  consumption;  the  hirgest  establishment  being  thatof  Danbury, 
where  200  persons  are  employed,  and  to  the  ainount  of  130,000  dollars  annually  manufactured.  In  Vermont,  the 
manufacture  supplies  the  consumption.  It  is  stated  by  the  hatters  of  Philadelphia,  that  92,000  hats,  worth  five 
dollars  each,  ai'e  annually  made  there,  in  addition  to  which,  50.000  covntry  hats,  worth  three  dollars  each,  are 
annually  sold  in  the  city.  In  various  quarters,  the  scarcity  ot  wool  is  complained  of,  as  preventing  the  making  of  a 
sufficient  quantity  of  coarse  hats.  From  all  the  information  which  has  been  received,  it  is  believed  that  the  value 
of  all  the  hats,  annually  made  in  the  United  States,  is  near  ten  millions  of  dollars.   (See  note  K.) 

Paper  and  Printing. 

Some  foreign  paper  is  still  imported,  but  the  greater  part  of  the  consumption  is  of  American  manufacture;  and 
it  is  believed  that,  if  sufficient  attention  was  every  where  paid  to  the  preservation  of  rags,  a  quantity  equal  to  the 
demand  would  be  made  in  the  United  States.  Papei-  mills  are  erected  in  every  part  of  the  Union.  There  are 
twenty  one  in  the  States  of  New  Hampshire,  Vermont,  Rhoile  islanii,  and  Delaware,  alone,  and  ten  in  only  five 
countiea  of  tire  States  of  New  York  and  Mai  y  land .  Eleven  of  tliose  mills  employ  a  capital  of  two  hundred  thousand 
dollars,  and  180  workmen,  and  make,  annually,  150,000  dollars'  worth  of  paper. 

Piinting  is  carried  on  to  an  extent  commensurate  with  the  demand.  Exclusively  of  the  numerous  newspapers, 
which  alone  form  a  considerable  item  in  value,  all  the  books  for  which  there  is  an  adequate  number  oi"  purchasers, 
are  printetl  in  the  United  States.  But  sufficient  data  have  not  been  obtained  to  form  an  estimate  of  the  annual 
.tggregate  value  of  the  paper  made,  and  ol'tlie  printing  and  book  binding  executed  in  the  Uniied  States,  other  than 
what  may  be  inferred  from  the  population.  The  manufactures  of  hanging  paper,  and  of  playing  cards,  are  also 
extensive;  and  that  of  printii]£  types,  of  which  there  are  two  establishments,  the  principal  at  Philadelphia,  and 
another  at  Baltimore,  was  fully  adequate  to  the  demand,  but  has  lately  been  affected  by  the  want  of  regulus  of 
antimony. 

Manvfadurea  of  Hemp. 

The  annual  importations  of  foreign  hemp,  amounted  to  6,200  tons.  But  the  interruption  of  commerce  has  greatly 
promoted  the  cultivation  of  that  article  in  Massachusetts,  New  York,  Kentucky,  and  several  other  places;  and  it  is 
believed  that  a  sufficient  quantity  will,  in  a  short  time,  be  produced  in  the  United  States. 

The  manufacture  of  ropes,  cables,  and  cordage,  of  every  tiescription,  may  be  considered  as  equal  to  the  demand, 
the  exportations  of  American  maimfacturc,  for  180G  and  1807,  having  exceeded  the  average  of  6,500  quintals,  and 
the  importations  from  foreign  ports,  having  fallen  siiort  of  4,200  ditto. 

Exclusively  of  the  rope  walks  in  all  tne  sea  ports,  there  are  fifteen  in  Kentucky  alone,  which  consume  about 
one  thousand  tons  of  hemp  a  year;  and  six  new  works  were  in  a  state  of  preparation  for  the  present  year. 

The  manufactures  of  sail  duck,  formerly  established  in  RiioJe  Island,  in  Conneciicat,  and  at  Salem,  have  been 
abandoned  or  suspended,  partly  on  accountof  the  high  price  of  hemp,  and  partly  for  want  of  capital.  Some  is  still 
made;  and  the  species  of  canvass,  commonly  called  cotton  ba.gging,  is  now  manufactured,  in  various  places,  on  an 
extensive  scale.  An  establishment  at  Philadelphia,  employs  eiglit  looms,  and  can  make,  annually,  17,000  yards  of 
duck,  or  45,000  yards  of  cotton  bagging.  There  are  thirteen  manufactures  in  Kentucky,  and  two  in  West  Tennes- 
see.    The  five  at  or  near  Lexington,'inake  annually  250,000  yards  of  duck  and  cotton  bagging. 

SpirilJioi/a  and  Malt  Liquors. 

The  duly  on  licensed  stills,  amounted,  in  1801,  to  $372,000,  and,  on  account  of  omissions,  might  be  estimated  at 
$450,000.  As  the  duty  actually  paid  on  the  spirits  distilled  in  those  stills,  did  not,  cm  an  average,  exceed  five  cents 
per  gallon,  the  quantity  of  spirits  distilled  during  that  year,  from  grain  and  fruit,  (exclusively  of  the  large  gin  distil- 
leries in  cities)  must  have  amounted  to  about  9,000,000  of  gallojis,  and  may,  at  present,  the  manufacturing  having 
increased,  at  least,  in  the  same  ratio  as  the  population,  be  estimated  at  twelve  millions  of  gallons.  To  this  must 
be  added  ab.iut  three  millions  of  gallons  of  gin  and  rum,  distilled  in  cities;  making  an  aggregate  of  fifteen  millions 
of  gallons.  .  . 

The  importations  of  foreign  spirits,  are,  nevertheless,  very  considerable,  having  amounted,  durmg  the  years  1806 
and  1807,  to  9,750,000  gallons  a  year,  and  yielding  a  nett  annual  revenue  to  the  United  States,  of  $2,865,000. 

The  quantity  of  malt  liquors  made  in  the  United  States  is  nearly  equal  to  their  consumption. 

The  annual  foreign  importations  amount  only  to         .  -  -  .  -         185,000  gallons. 

\nd  the  annual  exportations  of  AmiM-ican  beer  and  cider  to  -  -        .    -        187,000      do. 

But  the  amount  actually  made,  cannot  be  correctly  stated.  It  has  been  said,  that  the  breweries  of  Philadelphia 
consumed,  annually,  150,000  bushels  of  malt;  and,  exclusively  of  the  numerous  establishments  on  a  smaller  scale, 
dispersed  throughout  the  country,  extensive  bre'>veiies  are  known  to  exist  in  New  York  and  Baltimore. 

From  those  data,  the  aggregate  value  of  spirituous  and  malt  liquors,  annually  made  in  the  United  States,  cannot 
be  estimated  at  less  than  ten  millions  of  dollars. 

Iron,  and  Manufactures  of  Iron. 

The  information  received  respecting  that  important  branch  is  very  imperfect.  It  is,  however,  well  known,  that 
iron  ore  abounds,  and  that  numerous  furances  and  fi)rges  are  erected,  throughout  the  United  States.  They  supply  a 
sufficient  quantity  of  hollow  ware,  and  of  castings,  of  every  description;  but  about  4,500  tons  of  bar  iron  are  annu- 


1810.J  MANUFACTURES.  429 

ally  imported  from  Russiaj  and  probably,  an  equal  quantity  from  Sweden  and  England  together.  A  vague  estimate 
states  the  amount  of  bar  iron  annually  used  in  the  United  States,  at  fifty  thousand  tons,  which  would  leave  about 
forty  thousand  for  that  of  American  manufacture.  Although  a  great  proportion  of  the  ore  found  in  Vermont,  Penn- 
sylvania, Maryland,  and  Viiginia,  be  of  a  superior  quality,  and  some  of  tlie  iron  manufactured  there,  equal  to  any 
imported,  it  is  to  be  regretted,  that,  from  the  demand,  and  from  want  of  proper  attention  in  the  manufacture,  much 
interior  American  iron  is  brought  to  market.  On  that  account,  the  want  of  the  ordinary  supply  of  Russian  iron  has 
been  felt  in  some  of  the  slitting  and  roiling  mills.  But,  whilst  a  reduction  of  the  duty  on  Russian  iron  is  asked  from 
several  quarters,  it  is  generallv  stated  that  a  high  or  prohibitory  duty  on  English  bar,  slit,  rolled,  and  sheet  lion, 
would  be  beneficial;  that  which  is  usually  imported  on  account  of  its  cheapness,  being  made  with  pit  coal,  and  of  a 
very  inferior  quality. 

The  annual  iinportations  of  sheet,slit,  and  hoop  iron,  amount  to  five  hundred  and  sixty-five  tons;  and  the  quan- 
tity rolled  anti  slit  in  the  United  States,  is  estimated  at  seven  thousand  tons.  In  the  State  of  Massachusetts  alone, 
are  found  thirteen  lulling  and  slitting  mills,  in  which  about  :5,5()0  tons  of  bar  iron,  principally  from  Russia,  are 
annually  rolled  or  slit.  A  portion  is  used  for  sheet  iron  and  nail  rods  (or  wrought  nails;  but  two-thirds  (jf  tlie  whole 
quantity  of  bar  iron  flattened  by  machinery  in  tiie  United  States,  is  used  in  the  manufacture  of  ml  nails,  whicii  has 
now  exteatlcd  throughout  the  whole  country,  and,  being  altogetheran  American  invention,  substituting  machinery  to 
manual  labor,  deserves  particular  notice.  Tlu;  details  on  that  subject  will  be  found  in  the  communications  L  and 
M:  and  it  will  be  sufficient  here  to  state,  that  tiie  annual  product  of  that  branch  alone,  may  be  estimated  at  twelve 
hundred  thousand  dollars,  and  that,  exclusively  of  the  saving  of  fuel,  the  expense  of  mantdacturing  cut  nails,  is  not 
one-third  part  of  that  of  forging  wiought  nails.  About  two  hundred  and  eighty  tons  are  already  annually  exported, 
but  the  United  States  continue  to  im|)ort,  annually,  more  than  fifteen  hundred  tons  of  wrought  nails  and  spikes. 
An  increase  of  duty  on  these,  and  a  di-awback  on  the  exportation  of  the  cut  nails  is  generally  asked  for. 

A  considerable  quantity  ol'  blistered,  and  some  refined  steel,  are  made  in  Ameiica;  but  the  foreign  importations 
exceed  11,000  cwt.  a  year. 

The  manufactures  of  iron  consist  principally  of  agricultural  implements,  and  of  all  the  usual  work  performed  by 
common  blacksmiths.  To  these  may  be  added  ancliors,  shovels,  and  spades,  axes,  scythes,  and  other  edge  tools, 
saws,  bits,  and  stirrups,  and  a  great  variety  of  the  coarser  articles  of  ironmongery:  but  cutlery,  and  all  the  finer 
species  of  hardware,  and  of  steel  work,  are  almost  altogther  impoiteil  from  Great  IJritain.  Balls,  shells,  and  cannon, 
-of  small  caliber,  are  cast  in  several  places;  and  three  foundries  for  casting  solid,  those  of  the  largest  caliber,  together 
with  the  proper  machinery  lor  boring  and  finishing  them,  are  established  at  Cecil  county,  Maryland,  near  the  city  of 
Washington,  and  at  Richmond,  in  Virginia;  each  of  the  two  last  may  cast  300  pieces  of  artillery  a  year,  and  a  great 
■number  of  iron  and  brass  cantmn  are  made  at  that,  near  the  seat  of  Government.  Those  of  l^hiladelphia  and  near 
the  Hudson  river,  are  not  now  employed.  It  may  be  here  added,  that  there  are  sevei'al  iron  foundries  for  casting 
every  species  of  work  wanted  for  machinery,  and  that  steam  engines  are  made  at  that  of  Philadelphia. 

At  the  two  public  armories  of  Springfield  and  Harper's  ferry,  19,000  muskets  are  aninially  made.  Ahout'20,000 
more  are  made  at  several  factories,  of  which  the  most  perfect  is  said  to  be  that  near  New  Haven,  an<l  which,  with 
the  exception  of  that  erected  at  Richmond  by  the  State  of  Virginia,  are  all  private  establishments.  These  may,  if 
wanted,  be  immediately  enlarged,  and  do  not  include  a  number  of  gunsmiths  employed  in  making  rifles,  and  seve- 
ral other  species  of  arms.     Swords  and  pistols  are  also  manufactured  in  several  places. 

Althoiigh  it  is  not  practicable  to  inake  a  correct  statement  of  the  value  of  all  the  iron  and  manufactures  of  iron, 
annually  made  in  the  United  States,  it  is  believed  to  be  from  twelve  to  fifteen  millions  of  dollars.  The  annual 
importations  from  all  foreign  countries,  including  bar  iron,  &nd  every  description  of  manufactures  of  u-on  or  steel, 
are  estimated  at  near  four  millions  of  dollars. 

Copper  a)id  Brass. 

Rich  copper  minesare  found  in  New  Jersey,  in  Virginia,  anil  near  lake  Superior';  but  they  are  not  now  wrought. 
The  principal  inanufiictures  of  that  material,  are  those  of  stills  and  other  vessels;  but  the  copper  in  sheets  anil  bolts 
is  almost  universally  imported,  the  only  maimfacture  ("or  that  object,  which  is  at  Boston,  "not  receiving  sufficient 
encouragement,  although  a  capital  of  $25,000  has  been  invested  in  a  rolling  mill  and  other  apparatus.  The  true  rea- 
son is,  tluit  those  articles  are  iiaported  free  of  duty;  atid  the  owneis  seem  to  be  principally  employed  in  casting  bells 
■and  other  articles. 

Zinc  has  been  lately  discovered  in  Pennsylvania;  and  there  are  a  few  manufactures  of  metiil  buttons,  and  various 
brass  war^. 

Manvfaclures  qf  Leail. 

Lead  Is  found  in  Virginia  and  some  other  places,  but  the  richest  mines  of  that  metal  are  found  in  Upper  Loui- 
siana, and  also.  It  is  said,  in  the  adjacent  country,  on  the  east  side  of  t|ie  Mississippi.  They  are  not  yei  wrought 
to  the  extent  of  which  they  are  susceptible,  and,af^ter  supplying  theAVestern  country,  do  not  furnish  more  than  two 
iiundred  tons  annually  to  the  Atlantic  States. 

The  annual  importations  from  foreign  countries  of  led  and  white  lead,  amount  to  1,150  tons. 

And  those  of  lead  itself,  and  of  all  other  manufactures  of  lead,  to  I,i2i25  tons. 

The  principal  American  manufactures  are  those  of  shot,  and  colors  of  lead.  Of  the  first,  there  are  two  establish - 
■ments  on  a  large  scale  at  Philadelphia,  and  another  in  Louisiana,  whicH  are  more  than  sufficient  to  supply  the  whole 
'demand,  st.-ited  at  six  hundred  tons  a  year.  Five  huiulred  and  sixty  tons  of  red  and  white  lead,  litharge,  and  some 
other  preparations  of  that  metal,  are  made  in  Philadelphia  alone.  A  repeal  of  tlie  duty  of  one  cent,  per  pound  on 
feari.  and  an  equalization  of  that  on  the  manufactures  of  lead,  by  charging  them  all  with  the  two  cents  per  pound 
laid  on  white  and  red  lead,  is  asked  by  the  manufacturers. 

Variows  other  paints  and  r()lors  are  also  prepared  in  Philadelphia,  and  some  other  places. 


7Tn,  japanned,  plated  IVares. 

The  manufacture  of  tin  ware  is  very  extensive,  and  Connecticut  supplies  the  greaWi-  part  of  tf 
with  that  article;  but  the  sheets  are  always  imported.  The  manufacture  of  plated  ware,  principally  I 
and  saddlers,  employs  at  Philadelphia  73  workmen;  and  tlie  amount  annually  made  there,  exceei 
thousand  dollars.     'Phere  are  other  similar  establishments  at  New  Yoc-k,  Baltimore,  Boston,  and  CI 


(hmpou'der. 

Saltpetre  is  louiui  in  Virginia,  Kentucky,  and  some  other  of  the  Western  States  and  Terrltoiies;  but  it  Is  prin- 
cipally imported  from  the  East  Indies.  The  manufacture  of"  i^unpowder  is  nearly,  and  may  at  any  moment  be  made 
.iltogether  adequate  to  the  consumption;  the  importation  of  foreign  powder  amounting  only  to  200,000  pounds,  and 
the  exportation  of  American  powder  to  100,000  pounds.  The  manufacture  of  Brandy  wine,  which  employs  a  capital 
of  S75,000  and  36  workmen,  and  is  considered  as  the  most  perfect,  makes  alone  225,000  lbs.  annually,  and  might 
make  CCKI.OOO  lbs.  if  there  was  a  demand  for  it.  Two  others,  near  Baltimore,  have  a  capital  of  $100,000.  and  make 
450.000  lbs.  of  a  (luallty  said  lately  to  bt-  equal  to  any  imported.  There  are  several  other  pt)wder  mills  in  Pennsyl- 
>anla  ami  other  places;  but  the  total  amount  of  gunpowder  made  in  the  United  States,  Is  not  ascertained. 

Earthen  and  Glass  JVart. 

A  sufficient  (piantity  of  the  coar-er  species  of  pottery  is  made  every  where;  and  information  has  been  received 
nf  tour  manufactures  of  a  finer  kind  lately  established.     One  at  Philadelphia,  with  a  capital  of  $11,000,  manufac- 
tures a  species  similar  to  that  made  in  Staffordshire,  in  England,  and  the  others,  in  Chester  county,  in  Pennsyh  aula, 
in  Ne^»'  Jersey,  and  on  the  Ohio,  make  various  kinds  of  queens>vare, 
•       55  tt 


^430  FINANCE.  C1810. 

Information  lias  been  obtained  of  ten  glass  manufactures,  which  employ  about  140  glass  blowers,  and  make 
annually  twenty-seven  thousand  boxes  of  window  glass,  containing,  each,  100  square  feet  of  glass.  That  of  Boston, 
makes  crown  glass  equal  to  any  imported:  all  the  other  make  green  or  German  glass,  worth  15  per  cent  less;  that 
of  Pittsburgh,  uses  coal,  and  all  tlie  others,  wood  for  fuel. 

The  annual  importations  of  foreign  window  glass,  amount  to  27,000  boxes;  the  extension  of  the  domestic  manu- 
facture, which  supplies  precisely  one  half  of  the  consumption,  being  prevented  by  the  want  of  workmen. 

Some  of  those  manufiictures,  make  also  green  bottles  and  other  wares;  and  two  works,  employing  together  six 
glass  blowers,  have  been  lately  erected  at  Pittsburgh,  and  make  decanters,  tumblers,  and  every  other  description  of 
flint  glass  of  a  superior  quality. 

Chemical  Preparations. 

Copperas  is  extracted,  in  large  quantities,  from  pyrites  in  Vermont,  New  Jersey,  and  Tennessee.  About  200,000 
pounds  of  oil  of  vitriol  and  other  acids,  are  annually  manufactured  in  a  single  establishment  at  Philadelphia.  Various 
other  preparations  and  drugs,  are  also  made  there,  and  in  some  other  places;  and  the  annual  amount  exported, 
exceeds  30,000  dollars  in  value. 

Sal/. 

The  salt  springs  of  Onondaga  and  Cayuga,  in  the  State  of  New  York,  furnish  about  300,000  bushels  a  year;  and 
the  quantity  may  be  increased  m  proportion  to  the  demand.  Those  of  the  Western  States  and  Territories,  supply 
about  an  equal  quantity;  that  known  by  the  name  of  the  Wabash  Saline,  which  belongs  to  the  United  States,  making 
now  130,000  bushels.  Valuable  discoveries  have  also  lately  been  made  on  the  banks  of  the  Kenhawa.  But  the  annu- 
al importation  of  foreign  salt  amounts  to  more  than  three  millions  of  bushels,  and  cannot  be  superseded  by  American 
salt,  unless  it  be  made  along  the  sea  coast.  The  works  in  the  State  of  Massachusetts  are  declining,  and  cannot  pro- 
ceed, unless  the  duty  on  foreign  salt  should  again  be  laid.  It  is  necessary  to  shelter  the  works  from  the  heavy  sum- 
mer rains  by  light  roofs  moving  on  rollers.  'I his  considerably  increases  the  expense;  and  it  appears  that  the  erec- 
tion of  ten  thousand  superficial  square  feet,  costs  one  thousand  dollars,  and  that  they  produce  only  two  hundred 
bushels  a  year.  A  more  favorable  result  is  anticipated  on  the  coast  of  North  Carolina,  on  account  of  the  difference 
■n  the  climate;  and  works  cohering  375,000  square  feet  have  been  lately  erected  there. 

Miscellajieoiis. 

Respecting  the  other  manufactures  enumerated  in  the  former  part  of  this  report,  no  important  or  correct  informa- 
tion has  been  received,  except  as  relates  to  the  two  following  : 

Straw  bonnets  and  hats  are  made  with  great  success;  and  a  small  district  in  Rhode  Island  and  Massachusetts, 
annually  exports  to  other  parts  of  the  Union,  to  the  amount  of  250,000  dollars.     See  communication  N. 

Several  attempts  have  been  made  to  print  calicoes;  but  it  does  not  seem  that  the  manufacturers  can,  without 
additional  duties,  stand  the  competition  of  similar  foreign  articles.  The  difficulties  under  which  they  labor  are  sta- 
ted in  the  petition  of  the  calico  printers  of  Philadelphia  to  Congress.  A  considerable  capital  has  been  vested  in  an 
establishment  near  Baltimorej  \vhich  can  print  12,000  yards  a  week  and  might  be  considerably  extended,  if  the  profits 
and  the  demand  atforded  sufficient  encouragement. 

From  that  imperfect  sketch  of  American  manufactures,  it  may,  with  certainty,  be  inferred  that  their  annual  pro- 
duct exceeds  one  hundred  and  twenty  millions  of  dollars.  And  it  is  not  improbable  that  the  raw  materials  used,  and 
the  provisions  and  other  articles  consumed,  by  the  manufacturers,  create  a  home  market  for  agricultural  products 
not  very  inferior  to  that  which  arises  from  foreign  demand.  A  result  more  favorable  than  might  have  been  expected 
fi-om  a  view  of  the  natural  causes  which  impede  the  introduction,  and  retard  the  progress  of  manufactures  in  the 
United  States. 

The  most  prominent  of  those  causes  are  the  abundance  of  land  compared  witli  the  population,  the  high  price  of 
labor,  and  the  want  of  a  sufficient  capital.  The  superior  attractions  of  agricultural  pursuits,  the  great  extension  of 
American  commerce  during  the  late  FjUropean  wai'S,  and  the  continuance  of  habits  after  the  causes  which  produced 
them  have  ceased  to  exist,  may  also  be  enumerated.  Several  of  those  obstacles  have,  however,  been  removed  or 
lessened.  The  cheapness  of  provisions  had  always,  to  a  certain  extent,  counterbalanced  the  high  price  of  manual 
labor;  and  this  is  now,  in  many  important  branches,  nearly  superseded  by  the  introduction  of  macninery;  a  great 
American  capital  has  been  acquired  durins;  the  last  twenty  years;  and  the  injurious  violations  of  the  neutral  com- 
merce of  the  United  States,  by  forcing  industry  and  capital  into  other  channels,  have  broken  inveterate  habits,  and 
given  a  general  impulse,  to  which  must  be  ascribed  the  great  increase  of  manufactures  during  the  tvvo  last  years. 

The  revenue  of  the  United  States,  being  princi|)ally  derived  from  duties  on  the  importation  of  foreign  merchan- 
dise, these  have  also  operated  as  a  premium  in  favor  of  American  manufactures,  whilst,  on  the  other  hand,  the  con- 
tinuance of  peace,  and  the  frua;ality  of  Government,  have  rendered  unnecessary  any  oppressive  taxes,  tending  mate- 
rially to  enhance  the  price  of  labor,  or  impeding  any  species  of  industry. 

No  cause,  indeed,  has,  perhaps,  more  promoted,  in  every  respect,  the  general  prosperity  of  the  United  States,  than 
the  absence  of  those  systems  of  internal  restrictions  and  monopoly  which  continue  to  disfigure  the  state  of  society 
in  other  countries.  No  law  exists  here,  directly  or  indirectly,  confining  man  to  a  particular  occupation  or  place,  or 
excluding  any  citizen  from  any  branch,  he  may,  at  any  time,  think  proper  to  pursue.  Industry  is,  in  every  respect, 
perfectly  free  and  unfettered;  every  species  of  trade,  commerce,  art,  profession  and  manufacture,  being  equally 
opened  to  all,  without  nquiring  any  previous  regular  apprenticeship,  admission,  or  licence.  Hence  the  progress  of 
America  has  not  been  confined  to  the  improvement  of  her  agriculture,  and  to  the  rapid  formation  of  new  settlements 
and  States  in  the  wilderness:  but  her  citizens  have  extended  their  commerce  through  every  part  of  the  globe,  and 
carry  on  with  complete  success,  even  those  branches  for  which  a  monopoly  had  heretofore  been  considered  essen- 
tially necessary. 

The  same  principle  has  also  accelerated  the  introduction  and  progress  of  manufactures,  and  must  ultimately 
j!;ive  in  that  branch,  as  in  all  others,  a  decided  superioi'it)^  to  the  citizens  of  the  United  States  over  the  inhabitants 
of  countries  oppressed  by  taxes,  restrictions  and  monopolies.  It  is  believed  that,  even  at  this  time,  the  only  power- 
ful obstacle  against  which  American  manufactures  have  to  struggle,  arises  from  the  vastly  superior  capital  of  the 
first  manufacturing  nation  of  Kurope.  which  enables  her  merchants  to  give  very  long  credits,  to  sell  on  small  profits, 
and  to  make  occasional  sacrifices. 

The  information  which  has  been  obtained  is  not  sufficient  to  submit,  in  conformity  with  the  resolution  of  the 
House,  the  plan  best  calculated  to  protect  and  promote  American  manufactures.  The  most  obvious  means  are 
bounties,  increased  duties  on  importation,  and  loans  by  Government. 

Occasional  premiums  might  be  beneficial;  but  a  general  system  of  bounties  is  more  applicable  to  articles  exported 
than  to  those  manufactured  for  home  consumption. 

The  present  system  of  duties  may,  in  some  respects,  be  equalized  and  improved,  so  as  to  protect  some  species  of 
manufactures  witliout  effecting  the  revenue.  But  prohibitory  duties  are  liable  to  the  treble  objection  of  destroying 
competition,  of  taxing  the  consumer,  and  of  diverting  capital  and  industry  into  channels  generally  less  profitable  to 
the  nation  than  those  which  would  have  naturally  been  pursued  by  individual  interest  left  to  itself.  A  moderate 
increase  will  be  less  dangerous,  and,  if  adopted,  should  be  continued  during  a  certain  period;for  the  repeal  of  a  duty 
once  laid,  materially  injures  those  who  have  relied  on  its  permanency,  as  has  been  exemplified  in  the  salt  manufac- 
ture. 

Since,  however,  the  comparative  want  of  capital,  is  the  principal  obstacle  to  the  introduction  and  advancement 
of  manufactures  in  America,  it  seems  that  the  most  efficient,  and  most  obvious  remedy  would  consist  in  supplying 
that  capital.  For,  although  the  extension  of  banks  may  give  some  assistance  in  that  respect,  their  operation  is  limi- 
ted to  a  few  places,  nor  does  it  comport  with  the  nature  of  those  institutions  to  lend  for  periods  as  long  as  are  requi- 
site for  ihe  establishment  of  manufactures.  The  United  States  might  create  a  circulating  stock,  bearing  a  low  rate 
of  interest,  and  lend  it  at  par  to  manufacturers,  on  principles  somewhat  similar  to  that  formerly  adopted  by  the 


1810.]  MANUFACTURES.  4-3! 


States  of  New  York  and  Pennsylvania,  in  flieir  loan  offices.  It  is  believed  that  a  plan  might  be  devised  by  which 
five  millions  of  dollars  a  year,  but  not  exceeding,  in  (he  whole,  twenty  millions,  inisKt  be  thus  lent,  without  any  snate- 
rial  risk  of  ultimate  loss,  and  without  taxing  or  injuring  any  otiier  part  ot  the  community. 


All  which  is  respectfully  submitted. 
Tkeasuky  Department,  ^ipril  17th^  1810. 


ALHKRTGALLATIN. 


A. 

Extract  of  a  letter  from  Wm.  Edtoards,  of  Northampton^  to  the  Postmaster  at  that  place,  dated  Novcmhev  29,  1809. 

Having  been  regularly  bred  to  the  business  of  tanning,  and  this  having  lieen  my  sole  occupation  for  twenty-ti\e 
years.  1  have  been  leilto  reflect,  with  much  regret,  upon  thegeneial  inferiority  of  American  leather,  compared  with 
most  Euiopean,  and  particularly  English  manufactured.  A  want  of  capital  has  been  thegreat  cause  of  the  depressed 
state  of  this  manufacture.  The  hide,  in  its  natural  state,  is  a  mass  of  hbres;  (he  interstices  between  the  fibres  is  fil- 
led with  a  fleshy  substance;  to  expel  these  without  injuring  the  fibres,  and  then  to  fill  the  vacuum  completely  and 
entirely  with  what  the  chemists  call  tannin,  contained  in  bark,  is  the  v\hole  art  of  tanning.  To  do  tliis  effectually, 
years  of  time  is  necessary,  and  repeated  applications  of  fresh  bark  to  the  liide  ;it  proper  j)eriods.  The  etabli>hmenL 
which  I  have  made  in  this  coiinty  will  receive  sixteen  thousanil  full  grown  hitles.  and  lecjuires  a  capital  of  one  hun- 
dred thousand  dollars.  \y\.  have  three  tanneries,  for  the  conveniency  of  collecting  bark,  rat'ier  than  do  all  our 
business  at  one  place,  which  would  necessarily  soon  produce  a  scarcity  oi'  bark,  we  use  such  a  quantity — say  one 
cord  to  six  hides;  we  have  six  hundred  and  seventy-two  vats,  three  bark  mills,  which  grind  our  bark  by  water, 
betxyeen  two  stones,  as  corn  is  ground.  We  have  the  same  number  of  hide  mills  which  go  by  water  for  softening 
I'oreign  hides,  taking  off  the  hair,  and  working  the  hides.  Also,  three  rolling  machines,  which  also  go  by  water. 
These  produce  a  vesy  advantageous  effect  in  perfectly  extending  and  consolidating  the  soal  leather  after  it  is  tanned, 
and  supersedes  the  necessity  of  the  shoemaker's  hammering  the  leather;  saves  entirely  the  labor  and  waste  attend- 
ing that  part  of  the  shoeinaker's  business,  and  gives  the  leather  a  ci(;seness  ctf  texture  by  far  beyond  hammering  or 
any  other  plan  now  practised.  Also  I  have  found  much  advantage  by  applying  heat,  by  means  of  a  copjjer  cylinder, 
adapted  to  the  purpose,  passing  through  vats,  we  call  leeches,  in  which  we  make  the  last  effort  to  extract  the  tannin 
from  the  bark,  after  the  bark,  with  a  decoction,  has  been  for  from  thirty  to  ninety  days  applied  to  the  hiile.  Most 
ot  the  abo\e  methods  I  have  originated,  and  from  long  experience,  find  the  success  attending  them  has  abundantly 
equalled  my  expectations. 

Much  saving  of  labor  and  bark,  is  gained  by  these  improvements,  as  must  be  obvious  to  any  person  who  has  a 
slight  knowledge  either  practical  or  theoretical  of  the  business.  Our  forests  abound  with  bark;  our  beeves  afford 
many  hides,  and  large  quantities  are  imported  from  the  Spanish  dominions,  part  of  which  are  maimfactured,  and  part 
are  re-exported.  Slaughter  hides  are  sometimes  exported,  which  ought  to  be  prohibited,  if  practicable.  I  have 
known,  and  1  believe  it  n()t  uncommon,  that  quantities  of  hides  and  bark  have  been  exported  to  England,  and  the 
leather  made  from  these  hides  importeil  and  used  in  this  country.  The  manufacture  ofleather  in  the  Middle  States 
is  far  in  advance  beyond  eitlier  the  Northern  or  Southern  States.  A  heavy  duty  on  green  or  slaughter  hides,  if 
constitutional,  and  a  small  duty,  say  one  cent,  per  lb.  on  the  exportation  of  foreign  hides — a  heavy  impost  duty  on 
leather  of  eveiy  kind  and  in  every  shape,  witli  an  aid  of  capital,  and  perhaps  a  bounty  on  improvements,  made  pub- 
lic, would  have  a  tendency  to  encourage  the  manufacture  ofleather.  Also  a  law  appointing  inspectors  of  slaughter 
hides,  to  guard  against  thegreat  injury  they  now  in  many  places  sustain,  by  the  carelessness  or  wantonness  of  the 
butchers  in  hacking  and  cutting  them.  In  the  city  of  New  York,  there  is  a  loss  from  this  source  of  twenty 
per  cent,  at  least,  without  a  particle  of  gain.  Also  a  law  appointing  inspectors  of  leather,  to  prevent  tanners  from 
using  an  improper  quantity  of  lime  in  the  process,  and  offering  their  leather  in  market,  when  only  partially  tanned, 
would  be  very  useiul.  Tlie  tanners  in  Boston  and  its  neighborhood  practise  this  method,  much  to  the  injury  of  the 
article,  and  in  that  way  to  the  public.  The  same  hide,  well  manuiactured,  will  assuredly  be  worth  (hmble  to  the 
consumer,  than  if  poorly  manufactured.  Yet  mankind  are  so  much  the  creatures  of  habit,  and  such  the  nature  of 
the  business,  the  difference  will  not  be  readily  discovered  by  a  superficial  observer.  One -third  of  the  hides  tanned 
in  the  United  States  are  im|>orted  hides.  These  come  from  the  Spanish  colonies  almost  wholly.  Hides  in  England 
are  unif'rmly  higher  than  in  this  country — Is.  &d.  per  stone  is  the  least  price  I  have  seen  stated,  that  is  something 
more  than  seven  cents  per  pound.  Their  bark  in  England  costs  more  than  their  hides;  that  is,  bark  sutticient  to 
tan  a  hide  costs  more  than  the  hide.  My  slaughter  hides  cost  me  five  and  a  half  cents  per  lb.  and  my  bark  costs 
inc  one  thirteenth  so  much  as  the  hide.  Leather  would  be  an  important  article  of  exportation  even  to  England,  if 
it  could  be  admitted  there  by  paying  no  more  duty  than  their  manufactured  articles  pay  in  this  country.  The  man- 
ufacture ot  leather  is  by  no  means  completed  when  it  goes  from  the  hands  of  the  tanner.  The  currier,  the  shoema- 
ker, saddler,  harnessmaker.  and  several  other  tradesmen  fit  it  for  various  uses  after  the  tanner  has  performed  his 
operations. 


432 


FINANCE. 


[1810. 


B. 

Statement  of  Mills  for  spinning  Cotton,  of  which  an  account  has  been  received. 


NDMBBIl 

SPiyilLKS 

State  or  District. 

Town  or  situation. 

In  operation. 

Erecting'. 

In  1809. 

In  1810. 

Maine, 

Waldoborough,        -            -            -           .           . 

1 

150 

300 

New  Hampshire,     - 

New  Ipswich,           -            .            .            .            . 

2 

- 

1,200 

2,000 

Other  towns,             -            .            .            .             . 

4 

- 

3,000 

Massachusetts, 

Near  Nuburyport,                 -            ..            .            . 

1 

- 

200 

200 

Dedhain, '     - 

1 

- 

192 

900 

Sundry  towns  adjoining  the  State  of  Rhode  Island, 

(08 

- 

4,820 

7,500 

Ditto,        -            -            -            .            . 

(0- 

5 

- 

13,000 

Rhode  Island, 

Providence  and  its  vicinity, 

(c)17 

- 

14,296 

22,900 

Ditto,        -            - 

(0- 

y 

- 

7,600 

East  Greenwich,      -            -            -           -            . 

1 

- 

500 

1,000 

Connecticut, 

Pomfret  and  Stirling,            ■•            -            .            . 

2 

- 

1,390 

4,500 

New  Haven  and  Derby,       -            -            .            - 

3 

- 

(e)700 

700 

Killingiy  and  Plainfield,      -            -           -            - 

- 

o 

- 

3,600 

Vermont, 

- 

a 

260 

350 

------- 

- 

3 

_ 

350 

New  York,  - 

Washington  county,            -            ■•           .            - 

1 

- 

608 

700 

Hudson.        ■■----. 

1 

- 

(e)500 

500 

Whitestown,            -            -            -            .            - 

1 

- 

200 

300 

Washington  county,            -            -            .            . 

- 

1 

- 

500 

Dutchess  county,      ---... 

- 

2 

. 

1,000 

New  Jersey. 

Patterson  and  Belleville,     -            ■            -           - 

3 

- 

(e)500 

500 

Pennsylvania, 

Near  Philadelphia,  -            -            -            .            - 

2 

- 

(e)500 

500 

Shippensburgh,         -            -            -            -            - 

ti- 

- 

548 

600 

Pittsburgh,   ----_, 

ll 

- 

300 

300 

Delaware,    - 

Near  Wdmington,   ----- 

1 

- 

480 

500 

Ditto,                ---..- 

tl 

- 

(e)200 

200 

Maryland,    - 

Near  Baltimore,       ----- 

2. 

- 

1,100 

6,000 

Ditto,                -            -            -            -            - 

- 

1 

- 

5.  ore 

Patuxent,      ------ 

- 

1 

- 

300 

Washington  county,            -            -           -            - 

fl 

- 

300 

300 

Virginia, 

Petersburg,    ------ 

1 

- 

96 

500 

South  Carolina, 

Charleston,                -            -            -            -            - 

fl 

252 

S50 

Georgia, 

Louisville,                -            -           -           -            . 

fl 

- 

200 

300 

Ohio, 

Cincinnati,                -            -            -            -            _ 

fl 

- 

576 

600 

Kentucky,    - 

Six  several  places,                ■            -           -            - 

ff' 

- 

700 

3,000 

Tennessee,  - 

Nashville,     ----."- 

fl 

Total, 

220 

250 

30,500 

87,000 

Notes,     (e)  These  are  on  estimate;  the  residue  of  the  spindles  for  1609,  are  from  actual  returns. 
t  All  are  water  mills  except  those  marked  thus  f,  which  arc  impelled  by  horses. 
(c)  For  a  detail  of  these,  see  statement  C. 


1810.] 


MANUFACTURES. 


433 


C. 

List  of  the  Cotton  Mills  icithin  thirty  miles  of  the  town  of  Providence,  November  H,  1809. 


Year  of 

Firm. 

establish- 

ment. 

1791, 

Almy,    Brown,    & 

Slater, 

1795, 

Warwick  Spinning 

Mill  Owners, 

1805, 

Coventry  Manufac- 

turing Company, 

it 

Union  Cotton,  do. 

1805-6, 

- 

1806, 

- 

kfc 

. 

4b 

. 

1807, 

Providence   Manu- 

facturing Co. 

4fc 

Warwick     do. 

Hope,          do. 

44 

Natick      Manufac- 

turing Company, 

1808, 

Potowomut  do. 

- 

1809, 

1803, 

1804, 

Within 

two 

year?, 

1808, 

1805-6, 

1808, 

1809, 


Where  situated. 


State. 


Rhode  Island, 


Manchester  Manu- 
facturing Co. 

Pawtucket  C.  and 
C.  do. 

Samuel  Slater&Co. 


I-- 
I: 


Pomfret    Manufac- 
ringCo. 


Massachusetts, 


Connecticut, 


Rhode  Island, 


Massachusetts, 


Connecticut, 


Town. 


N.  Providence, 

Warwick, 

Coventry, 
Johnston, 
Cumberland,  - 

N.  Providence, 

Warwick, 

Scituate, 
Smithtield, 

Warwick, 

S.  Kingston, 
Coventry, 

Warwick, 

Rchoboth, 

Canton, 
Franklin, 
Med  way, 
Swanzey, 
Taunton, 
Rehoboth, 

Pomfret, 

Sterling, 


Scituate, 
Juhnslon, 
Cranston, 
Smithfield, 

Do. 
Coventry, 
Cranston, 

Mendon, 
Attleborougli, 
North  Bridge, 
Mendon, 
Swanzey, 

Killingly. 
Piainiield,      - 


Ag^ent  or  principal 
owner. 


Almy  &  Brown, 

Do. 

Samuel  Arnold, 
Henry  P.  Franklin. 
Walcott, 
Rich'd  Waterman, 
Tiftiins  &  Head, 
Hosea  Humphrey, 

John  K.  Pitman, 
Almy  &  Brown, 
Thomas  S.  Webb, 
Almy  &  Brown, 

Adams  &  I,othrop, 
Blodget  &  Power, 
Cyrus  French, 
Tlieo.  A.  Foster, 

Caleb  Greene,  Jun. 


Ingraham, 
Samuel  Slater, 


Blackburn, 
Dexter  Wheeler,   - 
Leonard, 
John  Pitman  &  Co. 

Smith  Wilkinson, 

John  Dorrance, 


Caleb  Fisk, 
Daniel  Lyman, 
Roger  Williams, 
Richaril  Buttiim, 
Oliver  Bartlett, 
Dutu  Arnold, 
William  Potter, 

Butler  &  Wheaton, 
Ebenr.  Tyler, 


Walter  Paine, 
Tyler, 


Number  of 
spindles 
now  in  opera- 
tion. 


1,150 
600 

1,692 

896 
200 
288 
400 
96 

2,190 
1,260 
1,584 
1,700 

1,184 

564 

200 

96 

96 


1.240 
1,344 

500 
400 
528 
180 
500 
128 


1,200 
190 


14,196 


4,820 


1,390 


20,406 


Number  of 

spindles 
which  might 
be  employed. 


1,500 

1,200 

2,000 
1,200 
400 
400 
500 
200 

3.200 
2,500 
2,500 
3,000 

1,500 

1,000 

500 

300 

1,000 


2.000 
1,500 
500 
400 
600 
500 
1,500 
500 


2,500 
2,000 


2,500 
1,200 
1,000 
1,000 
1,000 
500 
400 


10.000 

1,000 

800 

700 

500 

1,500 
1.500 


22,900 


7,500 


4,500 


7,600 

13,000 

3,000 
58.500 


In  addition  to  this  list  of  mills,  there  are  several  intended  to  be  erected  the  ensuing  spring;  for  some  the  mill  seats 
are  already  purchased.  I  am  well  informed  that,  by  next  April,  there  will  be  upwards  of  40,000  i-pindles  in  opera- 
tion; and,  it  is  expected  that  the  whole  number  ab;)ve  mentioned  will  be  in  operation  in  the  course  of  one  year 

THOS.  COLES,  Collector. 


4U 


FINANCE. 


[1810. 


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made;  employs  26  looms-profitable. 
Profits  12  to  15  per  cent. 
Wool  of  Merino  breed. 

Ditto. 

Ditto. 

All  small  establishments. 
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MANUFACTURES. 


435 


Note  F. 
Amongst  numerous  other  facts,  tlie  following  are  particularly  stated: 


In  New  Hampshire, 

Vermont,    - 
Berkshire,  Mass. 
Ontario  co.  N.  Y. 
York  county,  Maine, 


Cardinp;'  Macliincs. 


One 


for  every  250 
tamilies. 
135 

18 
8 


Fulling  Mills. 


140 

163 

18 
8 


Yards  annually  woven 


Cotton  and  Flax. 


Cloth  and  Flannel. 


800,000  Considerable. 

j 

1,040.000  1,315,000  yards. 

100,000  Considerable. 
140,000  Ditto, 

70,000  120,0001b.  of  flax  and  cot- 
ton spun  and  woven. 


Of  the  cloth  and  flannel  thus  wove,  about  two-thirds  are  cloth,  generally  worth  more  than  one  dollar  a  yard, 
and  the  remainder  flannel. 

In  Delaware,  150,000  lbs.  wool  annually  spun  and  woven  in  private  families.  Uarge  exportations  of  linen  Irom 
the  western  counties  of  Pennsylvania,  and  some  from  Kentucky,  and  several  places  in  (he  Eastern  and  >iiddle 
States.  Eighty  thousantl  yards  brought  for  sale,  in  1809,  to  Pittsburgh  alone;  and  the  number  of  looms  in  that  town 
has  increased,  since  the  year  1807,  from  17  to  44.  In  the  lower  counties  of  Virginia,  North  Carolina,  generally,  and 
the  upper  counties  of  South  Caroliiui  and  (Georgia,  almost  the  whole  of  the  summer  clothing,  for  every  description  of 
persons,  is  of  household  manufacture;  and  almost  all  the  slaves  are  entirely  clothed  in  the  same  manner.  The 
scarcity  of  wool  alone  prevents  an  adequate  supply  from  the  same  source  for  winter  clothing.  The  number  of  stores 
for  the  sale  of  foreign  goods,  has,  in  Matthews  counly,  Virginia,  from  the  year  1803,  decreased  from  fifteen  to  one. 
At  a  general  review  of  militia,  last  summer,  in  North  Carolina,  where  nmre  than  fifteen  hundred  persons  were  on 
the  ground,  there  were  not  forty  who  were  not  entirely  clothed  with  homespun. 


G. 

Household  Mam(factiires  in  Ncir  Hampshire. 

In  almost  every  town,  (of  six  miles  square,  or  a  district  containing  one  or  more  towns)  having  a  population  of 
200  or  300  families,  there  is  a  carding  machine  and  fulling  mill.  The  cost  of  a  carding  machine  is  about  .500  dollars. 
One  described  to  me,  cards,  annually,  6.000  pounds  of  wool,  at  7  cents  per  pound,  attended  by  one  hand.  This 
mode  of  carding  relieves  the  house-spinner  ot  one-lialf  the  labor  of  a  day.  for  the  sum  of  3i  cents. 

Every  farmer's  house  is  provided  with  one  or  more  wheels,  according  to  the  number  of  females. 

Every  second  house,  at  least,  has  a  loom  for  weaving  linen,  cotton,  and  coarse  woollen  cloths,  which  is  almost 
wholly  done  by  women. 

Manufactures  of  these  kinds  amount,  probably,  on  an  average,  per  family,  to  from  100  to  600  yards  in  a  year, 
without  an  hour's  loss  of  labor  to  the  field. 

Considerable  quantities  of  coarse  flaxen  cloth,  worth  from  15  to  20  cents  per  yard,  thus  manufactured  in  families, 
are  sold  to  traders  in  country  villages  or  in  towns,  and  sent  for  a  market  to  the  Southern  States,  on  which  a  profit  is 
made  by  the  trader. 

A  specimen  of  the  cost  and  profit  on  the  employ  of  a  Fidling:  Mill,  in  the  county  of  Cheshire,  in  dressing  cloths  for 

household  mamifactures . 
Yearly  supply  of  cloths,  for  dressing  and  dying: 

Offustian  or  cotton,       ----..        larrf*,  1,000 

Woollen,  merely  to  be  pressed,  -  -  .  .  1.700 

Do.        to  be  dyed,  fulled,  &c.  -  -  .  .  4,000 

Yards,  6,700 


The  charge  and  sum  received  for  dressing  the  above,  SI, 225 


The  expense  of  labor,  &c.  as  follows: 

The  proprietor  states  his  service,  at 
Two  men  employed  four  months,  at  $20, 
Two  apprentices,  the  same  time, 
Cost  ot  dye  stuff".  &c. 
Other  expenses. 


$110 
160 

80 
175 

75 


Leaving  a  balance  to  the  mill  of  -  -  -  g.25 *j  ^25 

The  cost  of  the  mill  and  machinery,  is  stated  to  be,  -  -  .  $1500 

The  foregoing  may  be  considered  as  a  sample  of  the  clothiers'  mills  in  New  Hampshire,  of  which  tliere  are  about 
one  hundred  and  forty  in  the  State;  S(mie.  probably,  may  do  less,  and  others  much  more  than  the  above. 
The  cost  of  manufacturing  eighteen  pounds  of  wool  into  twenty  yards  of  cloth,  as  follows: 
18  pounds  of  wool,  (best  common)  at  50  cents,  -  -  . 


Carding,  oiling,  &c. 

Spinning, 

Weaving. 

Dressing  colored  black, 


14 

8 

32 


$9  00 

1  44 

2  80 
1  60 
6  00 

$21   21 


This  cloth,  three  quarter  yards  wide,  (cost,  per  yard  106  cents)  is  thick  and  firm,  is  finer  than  English  cloths  c^ 
six  quarter  yards  wide,  9:)ld,  at  retad  stores,  at  $3  50  par  yard,  and  is  twice  as  durable. 


436  FINANCE.  '  [1810. 

H. 

Extract  of  a  Idler  from  William  Jf'hittemore,  of  West  Cambridge,  to  the  Collector  of  Boston,  dated  24th  Novem- 
ber, 180D. 

The  machinery  with  which  we  now  manufacture  all  kinds  of  wool  and  cotton  cards  thathave  been  called  for. 
were  invented  by  Amos  Whittemore,  in  the  year  1797;  he  then  obtiiined  the  exclusive  privilege  of  using  said 
machines,  by  letters  patent,  for  fourteen  years.  Amos  Whittemore  and  myself  were  jointly  concerned  in  the  first 
machines  that  were  built,  and  are  still  the  sole  proprietors  of  the  patent.  Congress,  at  their  last  winter  session, 
extended  the  patent  fourteen  years,  by  a  special  act.  We  have  fifty-five  of  those  patent  machines,  thirty-seven  of 
which  are  now  in  use;  tliese  machines,  with  the  other  apparatus  necessary  to  carry  on  the  business  to  its  present 
exten(,  have  cost  us  about  forty  thousand  dollars.  We  have  now  employed,  in  the  factory,  upwards  of  forty  hands; 
we  manufacture,  weekly,  one  hundred  and  eighty  dozen  pair  of  hand  cards,  and  two  hundred  square  feet  of  cards 
for  the  woollen  and  cotton  factories,  which,  together,  amount  to  about  two  thousand  dollars.  Had  it  been  in  our 
power,  the  year  past,  to  have  supplied  ourselves  with  card  wire,  the  amount  of  the  cards  manufactured  in  our  fac- 
tory would  iiave  exceeded  three  thousand  dollars  per  week;  for  we  should  have  had  all  our  machines  in  use.  The 
building,  in  which  we  now  carry  on  the  business,  has  cost  us  ten  thousand  dollars;  fifty  thousand  dollars,  at  least, 
is  necessary  for  a  capital  to  carry  on  the  business  to  the  extent,  exclusive  of  buildings  and  machinery.  We  have 
been  obliged  to  make  great  sacrifices  to  obtain  money  to  enable  us  to  cany  on  the  business,  so  as  to  be  able  to 
answer  the  demand  for  cards;  our  moneyed  institutions  have  afibrded  but  little  support  to  domestic  manufactures. 
The  wire  is  the  only  article  necessary  to  the  manufacture  of  cards,  but  what  our  own  country  produces,  and  that 
might  be  manufactured  here  as  good,  and  nearly  as  cheap,  as  in  England.  We  have  so  far  satisfied  ourselves  (by 
experiment)  thai  nothing,  but  want  of  capital,  has  prevented  us  from  setting  up  that  business.  The  iron  made  on 
lake  Champlalii,  is  fnunci  to  be  as  good  for  wire,  if  not  superior,  to  any  ever  imported.  The  wire,  to  supply  our 
factory  one  year,  will,  in  England,  cost  about  fifteen  thousand  dollars,  and  the  expenses  of  importing  about  ten  per 
cent.,  (it  being  free  of  duty);  perhaps  about  the  same  quantity  is  used,  annually,  in  the  other  card  manufactories 
in  the  United  States.  There  is  no  doubt,  in  my  mind,  from  the  observations  made  since  I  have  been  in  the  manu- 
facturing business,  that,  had  the  same  support  been  afti)rded  manufacturers,  generally,  that  has  been  to  trade  and 
commerce,  our  manufactories,  at  tliis  time,  would  have  been  carried  (m  much  more  extensively,  and  would  have 
generally  afforded  a  profit  to  those  concerned.  Since  the  obstructions  to  our  foreign  trade,  the  manufactories  of  our 
country  have  increased  astonishingly;  the  demand  for  wool  and  cotton  cards,  the  present  season,  has  been  twice  as 
great  as  it  has  been  any  year  preceding.  Since  the  receipt  of  your  letter,  my  time  has  been  so  constantly  occupied 
v^^ith  the  concerns  of  the  manufactory,  that  I  have  not  been  able  to  make  out  any  statement  of  it  before.  1  have 
endeavored  to  give  a  general  description  of  our  manufactory;  time  would  not  permit  me  to  be  more  particular. 

I. 

■M-  .,,  ,  .i'.i.        '        Worcester,  November  20,  1809. 

Sin: 

Having  invented  a  cheap  and  simple  method  of  manufacturing  wood  screws  Irom  iron  wire,  I  obtained  a  patent 
for  the  same  from  the  United  States,  in  July  last,  and  finding  it  extremely  difficult,  by  any  means  within  my  power, 
to  obtain  wire  of  suitable  siz,es,  I  was  induced  to  attempt  the  manufacturing  of  it;  and,  as  a  necessary  appendage, 
to  connect  this  business  with  that  of  screw  making,  the  process  being  so  easy  and  simple  that  two  men  ot  common 
capacity  can  manufacture  from  rods,  about  the  size  of  common  nail  rods,  three  hundred  weight  of  assorted  screw 
wire  per  day;  in  the  same  time  a  man,  with  two  boys,  can-  make  from  the  wire  twenty  groce  of  screws  of  a  quality 
very  much  superior  to  those  usually  imported.  The  expense  of  constructing  screw  machines  upon  the  principles  of 
my  patent  is  small,  and  the  capital  now  employed,  (the  business  being  yet  in  its  infancy.)  but  in  one  year,  with  the 
capital  lean  command,  it  would  be  in  my  power  to  erect  as  many  machines  as  would  enable  me  to  supply  the  United 
States  with  that  article,  and  of  a  quality  much  superior  to  any  ever  imported,  and  at  as  low  a  rate  as  are  now  paid 
for  those  imported  of  an  inferior  quality. 

The  manufacture  of  iron  and  brass  wire  has  been  olten  attempted  within  the  United  States  with  success,  and  can 
be  carried  on  to  a  very  great  extent;  but  all  the  umlertakeis,  in  consequence  of  foreign  wire  being  imported  free  of 
duty,  have,  without  exception,  abandoned  the  business;  if  1  depended  on  foreign  wire  for  the  manufacturin°;  of 
screws  I  should  not  be  an  advocate  for  a  duty  on  it;  but,  as  I  make  my  own  wire,  its  free  iinportation  does  not  affect 
me,  as  relates  to  the  quantity  appropriated  to  that  particular  use;  but  it  very  seriously  affects  me  in  a  much  inore 
enlarged  and  extensive  point  of  view:  but  if  a  duty  of  15  or  20  per  cent.,  ad  valorem,  was  laid  on  the  importation  of 
foreign  wire,  the  capital  within  the  control  of  the  company,  now  interested  with  me  in  this  business,  would  enable 
me  immediately  to  extend  my  machiueiy  to  a  magnitude  sufficiently  extensive  to  meet  the  consumption  of  coarse 
wire  within  this  State.  Theinanufacture  of  card  wire  also,  of  which  there  is  a  great  consumption  within  the  United 
States,  could  be  made  to  equal  advantage,  and  would  follow  in  course  on  account  of  the  demand  for  it.  provided 
manufacturers  were  aided  by  the  above  mentioned  duty  on  foreign  wire;  but  if  they  should  extend  their  works,  anti- 
cipating 111  It  encouragement  from  Government,  and  it  should  not  be  given,  they  would  suffer  great  loss  and  disaj)- 
pointment.  ,, 

The  malleabilily  of  the  American  iron  renders  the  United  States  perfectly  independent  of  all  other  countries  for 
that  first  of  all  raw  materials,  and  it  is  only  by  the  patronage  of  Congress  that  industry  and  the  arts  can  be  so  exten- 
sively cultivated  as  to  take  the  greatest  advantage,  not  only  of  this  article,  but  of  other  raw  materials  which  the 
great  resources  of  our  country  furnish.  The  prevailing  spirit  of  enterprise  at  the  present  time,  in  the  exertion  and 
extension  of  manufacturing  establishments,  is  much  owing  to  the  measures  heretofore  adopted  by  (Jovernment;  and 
I  feel  confident  that  few  articles  can  be  made  in  this  country  to  so  great  advantage  as  iron  wire,  and  that  no  suffi- 
cient reason  can  be  adduced  why  this  article  should  be  exempt  from  duty  more  than  many  others,  to  the  particular- 
and  very  great  injury  of  our  own  citizens.  I  am,  however,  much  encouraged  to  hope  that  the  measures  Govern- 
ment now  appear  to  be  taking,  will  be  efficient  in  patr-onising  the  very  laudable  exertions  of  its  citizens  in  the  pro- 
duction of  articles  indispensable  to  our  necessities,  and.  especially  those  that  are  produced  from  the  raw  materials  of 
our  own  counti-y. 

And  the  only  patronage  leciuired  in  this  business,  is,  that  the  article  of  iron  wire  should  be  subjected  to  the  same 
duty  tliat  other  ar-ticlesol  iron  manul'actures  are  subjected  to  when  imported  tVom  Great  Britain. 
I  am,  most  respectfully,  sir,  your  most  obedient  and  very  humble  servant, 

Hon.  Henuv  Dkarborn,  Esq.  ABEL  STOU  KLL. 

1  am  satisfied  that  wii-e  of  all  kinds  can,  and  would  very  soon  be  manufactured  in  this  neighborhood,  suflicicii! 
for  the  consumption  of  the  United  States,  if  a  duty  should  be  laid  on  imported  wire  equal  to  what  is  paid  on  foieign 
articles  generally.  If  (Congress  should  deem  it  expedient  to  lay  a  duty  on  wii-e,  I  have  good  reason  for  believing 
that  a  considerable  capital  would  be  immediately  vested  in  the  manufactor-y  of  that  article. 

H.  DEARBON. 

P.  S.  The  wood  screws  manufactured  by  Stowell  and  those  concerned  with  him,  are  superior  in  quality  to 
imported  ones:  and  I  presume  thit  there  is  no  doubt,  in  the  minds  of  those  who  have  become  acquainted  with  the 
facility  with  which  they  are  now  made,  but  that  a  sufficient  quantity  will  be  made  for  the  use  of  the  United  States, 
if  suitable  cncour-agement  is  afforded  by  the  Government  for  the  manufacturing  of  wire. 

•  .s  •.,  H.  D. 


1810.1 


MANUFACTURES. 


437 


Note  K. 
Statement  of  a  manufacture  at  ^^Ibany. 


CAPITAL. 

WOBKMBJf. 

Number  of  Hats  aniuially  made. 

Value  of  ditto, 
annually  made. 

Value  of  fo- 

reig'n  goods 
and  materials 
annually  used 

PROFIT. 

at  7  dollars. 

at  3  dollars. 

at  1  dollar. 

Total. 

$8,000 

20 

$1,600 

$1,800 

$3,000 

$6,400 

$19,600 

$900 

15  a  20  p.  ct. 

Memorandum  by  a  country  Hatter,  in  the  State  of  Neiv  York. 


PINK  HATS. 


Racoon,  8  oz.        -            -  $2  50 

Beaver,  1  oz.        -            -  1  00 

Dye-stutf  and  trimmings,  68,i 

Making  and  finishing,      -  1  50 

Sundries                -            -  25 

$5  93  i 

Nett  profit,  1  06| 

Sell  for           -  $7  00 


NAPPED   HATS,    FIBST   aUALITT. 


Wool,    5  OZ.            -                -  20 

Racoon,  1  oz.      -            .  31 

Muskrat.  1  oz.     -            -  50 

Dye-stuff  and  trimmings,  68.4 

Making  and  finishing,     -  1  25 

Sundries,             -            -  12^ 

$3  07 

Nett  profit,        -  1  93 

Sell  for              -  5  00 


NAPPED   HATS,   SECOND   ftVALITT 


Wool,  7  oz. 
Muskrat.  1  oz.     - 
Dye-stuff  and  trimmings. 
Making  and  finishing. 
Sundries, 


Nett  profit. 
Sell  for 


.■ALITT. 

28 

50 

68^5- 

1 

25 

12i 

2 

84 

1 

16 

$4  00 


NETT  PROFIT. 


On  fine  hats, 

Napped  ditto,  first  quality, 
Ditto,     do.    second    do. 
Felt  do. 


$1  06 

I  93 

1   16 

60 


l&osT OS,  September  2b,  1809. 

With  two  brothers,  I  am  interested  in  the  manufacture  of  cut  nails.  We  have  an  establishment  at  Maiden,  five 
miles  from  Boston,  where  we  have  in  operation  twenty-two  patent  machines  upon  J.  Reed's  plan  of  cutting  and 
heading  with  the  same  operation.  We  are  also  interested  in  two  establishments  upon  the  same  plan  in  the  vicinity 
of  Philadelphia.  One  situated  on  Chester  creek,  where  we  have  ten  machines,  the  other  situated  on  French  creek, 
where  we  are  preparing  to  erect  twenty  machines.  Tlie  tliree  manufactories,  with  the  mill  streams,  buikiings  and 
machinery,  necessary  for  that  purpose,  when  the  French  creek  establishment  is  completed,  with  two  rolling  and 
slitting  mills  already  built,  will  cost  ninety  thousand  dollars.  The  active  capital  employed,  seventy-five  thousand 
dollars.  With  the  fifty-two  machines,  sixty  men  and  boys  are  rendered  capable  ot  manufacturing,  from  the  nail 
plates,  fifteen  hundred  tons  of  nails  per  year,  and  by  multiplying  the  number  of  machines,  a  quantity  could  be  ma- 
nufactured, more  than  adequate  to  the  consumption  of  the  United  States,  more  especially  if  Congress,  duly  estimat- 
ing the  benefits  to  be  derived  from  this  important  branch  of  industry,  should  see  fit  to  grant  a  drawback  on  exporta- 
tion somewhat  proportionate  to  the  duty  paid  on  foreign  iron.  It  would  be  very  desirable,  and  encouraging  to  manu- 
facturers, if  permanent  regulations  could  be  consistently  adopted,  that  would  tend  to  render  cheap  and  plenty  the 
raw  material,  and  tiiat  would  discourage  foreign  importation.  Such  a  measure  would  greatly  facilitate  liomestic 
manufactures:  it  would  divert  tiie  energy  and  enterprise  of  wealthy  men,  from  ordinaiy  pursuits;  be  productive  of 
the  welfare  and  interest  of  our  country;  whereas  only  temporary  regulations  tend  to  intimidate.  The  encourage- 
ments offered  by  Government,  whether  prohibitory  or  remunerative,  should  at  least  be  co-extensive  with  the  time 
necessarily  required  for  the  erection  of  extensive  works,  for  laborers  to  be  instructed,  and  for  the  manufactured 
article  to  find  a  market,  that  the  manufacturer  may,  without  distress,  be  enabled  to  meet  his  current  expenses,  and 
to  replenish  his  stock  from  the  return  of  sales;  otherwise  the  wealth  and  influence  of  foreign  competition,  would, 
by  long  credits,  and  by  purposely  furnishing  a  surplus  of  cheap  inferior  articles  at  a  low  price,  not  only  retard,  but 
impoverish,  the  very  existence  of  any  infant  manufactory  in  our  country-  If  the  foreign  manufacturer  can  find  a 
ready  sale  for  his  goods  in  the  United  States,  at  cost  and  charges,  his  object  is  gained,  the  manufacturing  profit  is 
secured,  and  not  unfrequently.  b;)lii  to  the  injury  of  the  consumer,  and  of  the  American  manufacturer;  to  tiie  con- 
sumer, because  the  cheapest  goods  are  commonly  the  most  tleceptive,  and  to  the  American  manufacturer,  by  an 
unexpected  influx  of  foreign  goods  in  his  line,  he  may  be  defeated  in  his  calculations,  be  supplanted  in  his  sales, 
and  compelled  to  warehouse  a  heavy  stock  of  finished  goods  until  the  season  is  past  for  procuring,  to  advantage,  the  raw 
material  indispensably  necessary  to  his  business.  Being  thus  situated,  he  must  either  abandon  his  employment,  or 
resort  to  the  painful  alternative  of  sacrificing  his  finished  gooils  tor  less  tiian  their  cost,  (jr  borrowing  money  upon 
usury,  to  replenish  his  stock  at  an  advanced  price,  either  of  which,  to  a  moderate  capitalist,  if  persisted  in.  is  inevi- 
table ruin.  English  nails,  the  fine  drawn  excepted,  are  usually  made  of  inferior  iron,  and  are  sometimes  transported 
to  this  country  in  lieu  of  ballast,  almost  freight  free,  and  sold  for  cost  and  charges;  and  their  hoops,  rods,  and  nail 
plates,  are  made  from  a  kind  of  unwrought  iron,  by  a  process  recently  invented;  and  when  the  latter  are  cut  into 
nails  they  are  tender  and  brittle,  hence  arises  a  prejudice  against  all  cut  nails,  the  consumer  being  ignorant  of  the 
cause:  but  cut  nails,  made  of  Russia,  Swedish,  or  American  iron,  are  a  good  substitute  for  hammered  nails,  and,  in 
fact,  have  the  preference  with  most  people,  for  the  following  reasons,  viz:  on  account  of  the  sharp  corners  and  true 
taper  with  which  cut  nails  are  formed,  it  may  be  driven  into  harder  wood,  without  bending  or  breaking,  or  hazard 
of  splitting  the  wood,  by  which  the  labor  of  boring  is  saved,  the  nail,  one  way,  being  of  the  same  breadth  or  thick- 
ness from  head  to  point.  A  moment's  recurrence  to  the  origin  of  this  art,  and  to  its  rapid  progress  within  a  few 
years  in  this  State,  may  not  be  amiss  at  this  time.  By  the  effect  of  necessity,  in  the  time  of  the  Revolution,  cut  nails 
were  first  made  of  the  rusty  hoops  of  old  casks,  and  were  as  worthless  as  the  materials  of  which  they  were  made; 
but,  afterthe  introduction  ot  rolling  and  slitting  mills  into  the  State,  nail  plates  of  new  iron  were  substituted  instead 
of  rusty  hoops,  yet  nails  were  for  some  time  manufactured  in  a  very  imperfect  manner;  at  present  it  is  otherwise. 
There  are  now  in  this  vicinity  extensive  nail  manufactories,  with  useful  machinery  for  the  saving  of  labor,  and  the 
56  tt 


438  FINANCE.  [1810. 


business  is  better  understood  and  conducted,  and  the  quality  of  cut  nails  is  so  much  improved,  that  little  seems 
to  be  wanted  in  order  to  success,  but  the  protection  and  patronage  of  Government.  By  the  best  information  I 
can  obtain,  I  find  tliat,  on  an  average  of  the  last  three  years,  the  quantity  of  nails  and  brads  manufactured  within  the 
State,  ma)'  he  computed  at  no  less  than  two  thousand  tons  per  year,  of  which  about  seventeen  liundred  and  fifty 
tons  have  been  cut.  the  residue  hammered. 

The  foreign  relations  of  our  country,  for  some  years  past,  iiave  been  so  contingent,  that  the  price  of  iron  has 
been  fluctuating  between  ninety -five  and  one  hundred  and  forty  dollars  per  ton,  whilst  the  consumption  of  nails  has 
been  diminishing,  and  of  course  tlie  demand  ibr  them;  and,  notwithstanding  foreign  nails  have  been  prohibited,  yet 
the  quantity  on  hand  wlien  the  prohibition  commenced,  added  to  tlie  quantity  snice  manufactured  in  the  United 
States,  witft  a  great  diminution  of  exports,  has  lett  no  chance  for  them  to  rise  in  proportion  to  the  rise  of  the  raw 
material.  The  manufacturer's  profit  is,  therefore,  less  than  it  was  prior  to  the  rise  on  won.  During  the  present  con- 
test with  Great  Britain,  botli  the  French  and  Spanish  colonies,  in  America  and  the  West  Indies,  have  received  con- 
siderable supi)lies  of  nails  from  the  United  States,  and  particularly  cut  nails,  which  they  i)referred  for  many  pur- 
poses. Reterence  to  liie  custom-house  books  will  probably  show  the  difference  between  the  imports  and  exports, 
and  the  result,  the  expediency  or  inexpediency  of  encouraging,  by  drawback,  the  exportation  of  them. 

In  the  event  of  a  peace  in  Europe,  and  a  free  trade  between  Great  Britain  and  the  Spanish  colonies,  the  former, 
perhaps,  could  supplant  the  American  supply  of  this  article  in  the  markets  of  the  latter,  were  not  Congress  to  grant 
some  encouragement,  either  by  drawback  or  bounty,  to  the  exporter. 

The  fact  is,  that  American  iron,  although  the  ore  is  excellent,  is  brought  to  market  and  sold  in  an  unfinished 
state:  it  is  not  sufficiently  hammered  to  be  sound,  and  it  is  hammered  in  a  state  so  cold,  that  the  seams  and  cracks, 
of  which  there  are  many,  do  not  close  and  weld;  the  iron,  therefore,  to  the  worker  or  consumer,  is  worth  less  by 
ten  dollars  per  ton,  than  iron  finished  in  tlie  style  of  Russia  or  Sweden;  and  this  is  not  all,  for  the  ends  of  the  bars 
of  American  iron  are  so  unsound,  that  they  are  only  fit  for  snap  iron,  and,  in  fact,  are  cut  off  and  sold  as  such  by 
the  manufacturer,  who  pays  full  piice  for  them,  losing  thereby  five  dollars  and  twenty-five  cents,  besides  loss  sus- 
tained by  transportation  and  frequent  handling.  This  being  the  case,  arid  the  manufacturer  not  being  disposed  to  a 
reform,  I  should  be  sorry  to  be  left  in  their  hands,  or  be  subject  to  their  pleasure,  so  much  as  I  would  be,  if  our 
Government  would  adopt  any  effectual  measures  to  prevent  the  importation  of  iron,  under  the  mistaken  impression 
that  our  country  is  at  present  capable  of  producing  a  sufficient  quantity  for  its  own  consumption.  Any  thing  that 
would  tend  permanently  to  advance  the  price  of  iron,  by  increasing  the  demand,  would  tend  to  increase  its  inferiority 
in  point  of  intrinsic  value;  for,  when  any  article  in  our  markets  of  home  manufacture  produces  the  highest  price, 
and  is  in  demand,  it  is  frequently  hurried  off  hand  in  a  very  unfinished  and  slovenly  manner,  even  in  such  an  im- 
perfect state,  as  would  not  in  common  times  sell  at  any  price;  it  is  therefore  necessary,  that  our  country  should  be 
protected  from  impositions  of  this  kind,  and  that,  instead  of  prohibiting  the  importation  of  iron,  as  some  would  have 
it,  it  should  continue  to  be  encouraged,  until  we  can  be  supplied  at  home  with  less  hazard.  These  occasional  re- 
marks you  can  think  of,  and,  if  proper,  use  them  to  advantage. 

Boston,  13/A  August,  1809. 

The  importance,  in  Massachusetts,  of  nail  machinery,  and  of  ail  that  relates  to  rolling  and  slitting  mills,  with 
which  nail  machinery  is  immediately  connected,  requires  that  a  particular  account  should  be  given  of  them. 

In  old  countries,  nails  are  forged;  here,  they  are  cut,  and  it  is  curious  to  trace  the  progress  of  American  genius 
through  the  various  steps  of  this  invention.  Twenty  years  ago  some  men,  now  unknown,  and  then  obscure,  began 
by  cutting  slices  out  of  old  hoops,  and  by  a  common  vice  griping  those  pieces,  headed  them  with  several  strokes  of 
the  hammer.  Gradually  slitting  mills  were  built,  and  the  shears  and  the  heading  tools  were  perfected;  yet  much 
labor  and  expense  were  requisite  to  make  nails.  In  a  little  while.  Jacob  Perkins,  Jonathan  Ellis,  and  a  few  others, 
put  into  execution  the  thought  of  cutting  and  of  heading  nails  by  water;  but,  more  intent  upon  their  machinery  than 
upon  their  pecuniary  affairs,  they  were  unable  to  prosecute  the  business.  At  different  times,  different  men  have 
spent  fortunes  in  improvements,  and,  it  may  be  said  with  truth,  more  than  a  million  of  dollars;  but  at  last  these  joint 
efforts  are  crowned  with  complete  success,  and  we  are  now  able  to  manufacture,  at  about  one-third  of  the  expense 
that  wrought  nails  can  be  manufactured  for,  nails  which  are  superior  to  them  for  at  least  three  fourths  of  the  pur- 
poses to  vvJiich  nails  are  applied,  and  which,  for  seven-eighths  of  those  purposes,  are  as  good.  The  machine  made 
use  of  by  Odiorne,  that  lately  invented  by  Jonathan  BUlis,  and  a  few  others,  present  very  fine  specimens  of 
American  genius. 

To  northern  carpenters  it  is  well  known,  that,  in  almost  all  instances,  it  is  not  necessary  to  bore  the  wood  be- 
fore driving  a  cut  nail;  all  that  is  required  is  to  place  the  cutting  edge  of  the  nail  across  the  grain  of  the  wood.  It 
is  also  true,  that  cut  nails  will  hold  better  in  the  wood.  These  qualities  are,  in  some  instances,  worth  twenty  per 
cent  of  the  value  of  the  article,  which  isequal  to  the  whole  expense  of  manufacturing  it.  For  sheathing  and  tiraw  - 
ing,  cut  nails  are  full  as  good  as  wrought  nails;  only  in  one  respect  are  the  best  wrought  nails  a  little  superior  to  cut 
nails,  and  that  is  where  it  is  necessary  they  should  be  clinched.  The  manufacture  of  cut  nails  was  born  in  our  own 
country,  and  has  within  its  bosom  advanced  through  all  the  various  stages  of  infancy  to  manhood,  and,  no  doubt, 
we  shall  be  soon  able,  by  receiving  proper  encouragement,  to  render  them  superior  to  wrought  nails  in  every 
particular. 

The  principal  business  of  rolling  and  slitting  mills  is  rolling  nail  plates.  They  also  serve  to  make  nail  rods, 
hoops,  tires,  sheet  iron,  and  sheet  copper.    In  this  state  we  have  not  less  than  twelve,  viz: 

At  Dover,  one  owned  by  the  Boston  iron  and  nail  factory,  which  is  composed  of  John  and  Samuel  Welles,  and 
R.  Whiting.' 

At  Plymouth,  one  owned  by  Samuel  Spear,  W.  Davis,  and  Nathaniel  Russell. 

At  Dover,  Beverly,  Arasbury,  one  each,  all  incorporated  companies,  owned,  in  part,  I  presume,  by  William 
Gray,  Samuel  Gray  and  Osgood, 

At  Nev.ton,  one  owned  by  Rufus  Ellis,  General  Elliot  and  others. 
At  Norton,  one. 

At  Taunton,  three  owned  by  Leonard  and  Crocker  and  others. 
At  Bridgewater,  two. 

These  mills  could  roll  and  slit  7,000  ttms  of  iron  a  year.  They  now,  it  is  presumed,  roll  and  slit,  each  year, 
about  3,500  tons,  2,400  tons  of  which  probably  are  cut  up  into  nails  and  brads.  These  3,500  tons  sell  for  as  much 
as  700,000  dollars,  and  we  may  call  American  labor  and  profit  three-fifths  of  it,  when  foreign  iron  is  employed,  and 
the  whole  of  it,  when  our  iron  is  made  use  of. 

It  is  useless  to  observe  that  the  consumption  of  cut  nails  has  increased  in  proportion  as  their  manufacture  has 
been  brought  to  perfection.  As  late  as  ten  years  ago  it  was  vety  sinall,  and  the  increase  has  been  much  less  rapid 
than  it  would  have  been  had  the  rivalsliip  of  foreign  nails  not  stood  in  the  way. 

The  English  iron  imported  into  this  country,  either  in  bars  or  in  nail  plates,  or  in  nail  rods,  or  in  hoops,  is  not 
good  for  any  thing,  nor  are  tires  manufactured  with  it  of  any  use.  Out  of  the  ore  they  roll  the  iron  into  bars,  with- 
out hammering  it,  v\hich  saves  them  much  expense;  but  the  consequence  is,  that  although  the  ore  be  good,  and 
although  the  iron  looks  welK  yet  it  is  not  compact  at  all;  has  no  strength,  andjgood,  as  the  razors  of  Peter  Pindar, 
"  to  sell  but  not  to  use."  The  fact  is,  the  British  never  employ  it  in  their  own  country,  nor  can  a  man,  while  he  is 
buying  a  hoop,  or  a  tire,  or  a  cut  nail,  distinguish  whether  it  was  made  out  of  English  iron.  To  prevent  this  species 
of  fraud  it  is  necessary  that  Government  should  prohibit,  entirely,  the  importation  of  English  bar  iron,  nail  plates, 
nail  rods,  &c.  This  will  also  encourage  the  manufacture  of  our  own  iron.  At  particular  times  America  has  been 
filled  with  the  refuse  of  English  nails  and  brads,  and  then  the  American  manufacturer  lias  been  obliged  to  stop  his 


I8I0.]  STATE    OF    THE   FINANCES.  430 


works  and  subject  to  losses,  and  the  consumer,  deceived  by  (he  name  of  English  n'lils,  has  bougiit  this  refuse  greatly 
to  his  injury.  It  is,  therefore,  highly  important  to  prohibit  the  ini[iortatioii  of  English  nails  and  brads  of  all  the  kinds 
whicii  can  be  replaced  immediately  by  American,  and  this  includes  all  except  fine  drawn  nails,  upon  which  an  extra 
duty  of  one  cent  per  pound  might  be  placed,  and  if  no  part  of  this  extia  duty  were  drawn  back,  it  would  by  thus 
much  encourage  the  exportation  of  American  nails. 

Nor  can  the  Legislature  be  restrained  from  prohibiting  foreign  nails  and  brads,  by  a  fear  that  t'le  American 
manufacturers  will  be  unable  to  furnish  the  quantity  wanted:  for  almost  immediately  they  could  manufacture  half 
as  many  again  as  they  now  do,  and,  in  six  months,  could  increas.-  this  to  any  quantity  desired;  nor  is  it  to  be  leared 
that  the  prices  will  be  advanced  by  monopoly,  as  the  different  |)atent  rights  of  improveil  nail  machiruMy  are  owned 
by  a  great  many  individuals  totally  disconnected,  and  as  some  pretty  good  machines  are  common  to  all.  It  is  also 
well  to  state,  in  addition,  that  cut  n:iils  have  been  exported  in  considerable  quantities,  and  gone  to  a  good  market: 
whilst  they  weie  not  so  well  made,  they  were  sold  in  foreign  ports  without  a  prolit;  in  Havana,  and  in  many  other 
places,  they  now  actually  prefer  4(1.  cut  nails  of  a  good  (juality,  to  the  best  English  nails  wilh  which  they  have 
usually  been  supplied.  I  cannot  leave  oft"  this  subject  without  adding  one  word  more  about  English  iron.  It  may 
be  the  plan  of  the  English,  when  selling  it  to  us,  to  bring  into  disc_redit  American  cut  nails,  and  other  American 
manufactured  articles.  Unfortunately  a  great  proportion  of  those  articles,  and  especially  cut  nails,  h;is  been  manu- 
factured out  of  that  iron,  and  probably  it  ever  will  be,  because  the  articles  cost  less,  look  full  as  well,  and  s<'ll  as 
well  to  those  who  never  bought  any  before.  It  is  almost  impossible  for  many  people  to  distinguish  between  good 
and  bad  cut  nails,  and  some  are  led  to  prefer  giving  a  liigher  price  for  English  wrought  nails,  which  are  no  better 
than  cut  nails  manufactured  out  of  any  iroti  but  P^nglish.  1  have  already  observed  that  the  mills  in  Massachusetts 
could  matmliicture  7,000  tons  of  iron,  while  they  oidy  manufacture  3,500  tons.  This  arises  mostly  from  the  rival - 
ship  with  imported  articles  of  the  same  kind,  a  rivalship  which  the  legislature  may  do  away  at  once. 

It  need  not  be  mentioned  that  the  iron  manufacturers  have,  on  exportation,  an  equitable  right  to  a  drawback  of 
the  duty  on  iinported  iron. 

In  Masssachusetts  originated  the  project  to  manufacture  cut  nails,  and  there  il  has  first  been  brought  to  its  |)re- 
sent  state  of  perfection.  Lately  manufactories  have  been  erected  to  a  considerable  extent  in  New  York,  Permsyl- 
vania,  and  Maryland,  and  unquestionably  ihey  will  rapidly  multiply  there,  and  soon  be  spread  all  over  the  country. 
if  the  encouragements  are  given  by  the  legislature,  which  are  suggested  in  this  sketch.  If  the  legislature  should 
determine  to  allow  a  drawback  of  the  duty  on  iron  when  manufactured,  it  might  be  well  to  render  the  thing  more 
simple  to  change  that  duty,  which  is  now  ad  valorem,  into  a  specific  duty  by  the  pound.  Say,  for  example,  make 
it  one  cent  per  pound. 

N. 

Wrevtham,  October  1,  1809. 

Straw  Bonnets. 

This  business  commenced  in  this  town  in  the  year  1801;  at  that  time  the  English  straw  bonnet  had  become  the 
fashionable  out-door  head-dress  of  the  ladies  in  the  large  towns,  who  are  allowed  always  to  take  the  lead  in  the 
fashions.  The  prices  demanded  for  them  were  so  great  as  to  prevent  the  farmers'  daughters  purchasing  them.  A 
young  lady,  stimulated  with  a  desire  to  appear  not  less  fashitjuable  than  those  who  were  better  able,  or  more  willing 
to  pay  an  extravagant  price  for  a  bonnet,  conceived  that  she  might,  with  her  own  ingenuity  and  industry,  fabricate 
one  for  herself,  equal  in  quality  and  less  in  expense,  than  an  English  bonnet  would  cost.  The  bonnet  was  soon 
completed;  and  was  thought  to  be  no  way  inferior  to  the  English.  This  first  successful  (effort  of  the  young  lady 
soon  commanded  customers,  who  were  furnished  with  bonnets  at  about  half  the  price  which  were  paid  for  those  im- 
ported. 

The  demands  for  these  bonnets  increasing,  others  were  induced  to  try  their  ingenuity.  These  small  attempts 
were  generally  crowned  with  success.  In  a  tew  months  the  manufacture  of  bonnets  exceetled  the  domestic  demand 
for  them.  The  surplus  were  entrusted  to  the  care  of  a  man  who  frequented  the  market  at  Boston,  with  the  com- 
mon productions  of  the  country,  who  made  such  returns  as  to  not  only  encourage  the  first  adventurers  to  continue 
the  business,  but  to  induce  others  also  to  become  adventurers,  so  that,  at  the  end  of  one  year,  the  bonnet  business 
had  become  an  important  article  of  traffic  in  this  vicinity.  Since  whicli  the  business  has  annually  increased,  and 
the  demand  for  hats  and  bonnets  becomes  more  and  more  extensive.  The  principal  part  of  this  business  is  done 
in  the  towns  of  Wrentham,  Franklin,  Medway,  Medfield,  15illingham,  Walpole,  Sharon,  and  Foxborough.  Some 
towns  in  the  counties  of  Bristol  and  Worcester  have  likewise  entered  into  this  business.  'I'his  concise  history  of 
amanufiirtory,  which  owes  its  commencement  to  mere  accident,  may  not  be  uninteresting  to  you;  in  which  I  have 
been  a  little  particular  to  show  from  what  small  beginnings  an  important  article  of  merchandise  may  be  produced. 
Could  you  have  believed  that  the  annual  amount  of  straw  hats  and  botmets  made  in  the  town  of  'Wrentham  alone 
is  equal  to  100,000  dollars?  Tliis,  I  suppose,  to  be  within  bounds.  For  the  amount  in  the  other  towns  in  the  county 
of  Norfolk,  abovementioned,  I  add  100,000  dollars  more;  this  sum  is  perhaps  much  too  small.  Bristol  and  Worces- 
ter manufacture  to  a  considerable  amount,  and  the  business  has  commenced,  I  have  been  informed,  in  the  other 
parts  of  the  State. 

It  is  to  be  understootl  that  the  above  sum  of  200,000  dollars  is  exclusive  of  hats  and  bonnets  made  and  worn  by 
those  who  manufacture  them.  These  bonnets  and  hats  are  exported  not  only  to  New  York,  Philadelphia,  Baltimore, 
Virginia  North  Carolina,  Charleston,  South  Carolina,  Savannah,  and  New  Orleans,  but  to  several  of  the  West 
India  Islands. 


tUh  Congress.]  j^O  326.  [3d  Sessio.n-. 

STATE    OF    THE    FINANCES. 

COMMUNICATED   TO  THE  SENATE,    DECEMBER  12,    I8I0. 

In  obedience  to  the  directions  of  the  act  supplementaiy  to  the  act,  entitled  "An  act  to  establish  the  Treasury 
Department,"  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

Revenue. 

The  nett  revenue  arising  from  duties  on  merchandise  and  timnage.  which  accrued  during  the 
year  180S,  amitunted  to       '         -  -  -  -  -  -  -  -         S  10,348,000 

The  nett  revenue  arising  from  the  same  sources,  which  accrued  during  the  year  1809,  amounted, 
as  will  appear  by  the  statement  (A,)  to  _  .  -  -  ■  $6,527,000 

The  statement  (B.)  exhibits,  in  detail,  the  several  species  of  merchandise  and  other  sources  from  which  that 
revenue  was  derived  during  the  year  1809. 


440  FINANCE.  [1810. 


It  is  ascertained  that  the  nett  revenue  arising  from  the  same  duties,  has,  for  the  three  first  quarters  of  the  year 
1810  exceeded  7,500.000  dollars;  and  it  is  believed  that  it  will  not,  for  the  whole  year,  fall  short  of  twelve  millions. 

The  sales  of  public  lands  north  of  the  river  Ohio,  have,  during  the  year  ending  on  the  30th  September,  1810,  as 
appears  by  the  statement  (C,)  amounted  to  159,000  acres,  and  the  payments  by  purchasers,  to  610,000  dollars. 

The  same  statement  shows,  that  the  total  amount  of  sales  from  the  establishment  of  the  land  offices  in  the  year 
1800.  to  the  30th  September,  1810,  have  amounted  to  3,168,000  acres,  which  have  produced  6,681,000  dollars;  of 
which  sum,  1,646,000  dollars  remain  due  by  purchasers.  The  sales  in  the  Mississippi  Territory,  being  (after  deduct- 
in''  expenses,)  appropriated,  in  the  first  place,  to  the  payment  of  1,250,000  dollars  to  the  State  of  Georgia,  are  dis- 
tinctly stated. 

Receipts  and  Expenditures. 

1.      Year  ending  on  the  30th  September,  1810, 

The  actual  receipts  into  the  Treasury  during  the  year  ending  on  the  30th  of  September,  1810, 
have  amounted  to  -  "    .      ,      '  "        ,        "    r,.      J  "     ,  '        $8,C88,861  17 

Makin'',  together  with  the  balance  in  the  Treasury,  on  the  1st  oi  October,  1809,  and  amount- 
ing'to        ?.-------  -  5,828,936,  01 

An  aggregregate  of  -  -  -  -  -  -      $  14,517,797  18 

The  disbursements  during  the  same  year  have  consisted  of  the  following  items,  viz: 
Civil  Department,  including  miscellaneous  expenses,  and  those  incident  to  the  intercourse 
with  foreign  nations,  ...--..-  -       $1,249,200    06 

Militarv  and  Indian  Departments,  .  _  ..  .         $2,514,523  75 

j^-avy,  -  -  -  -  -  -  1,674,735  50 

4,189,259    25 

Interest  on  the  public  debt,  .--.....  2,735,89891 

Total  current  expenses,  ....  $8,174,35822 

Payments  on  account  of  the  principal  of  the  public  debt,  .....  2,884,409  24 

Amounting  together,  as  will  appear  more  in  detail  by  the  statement  (E.)  to  -  -  11,058,767  46 

And  leaving  in  the  Treasury,  on  the  30th  September,  1810,  a  balance  of  -  -  3,459,029  72 

$14,517,797   18 


It  therefore  appears,  that  the  actual  receipts  into  the  Treasury  have  exceeded  the  current  expenses  of  Govern- 
ment including  therein  the  interest  on  the  debt,  by  a  sum  of  five  hundred  thousand  dollars.  The  expenses  had, 
durin'"  the  preceding  year,  exceeded  the  receipts  by  a  sum  of  thirteen  hundred  thousand  dollars.  The  ditterence 
arises^not  from  an  increase  in  the  receipts,  but  from  a  diminution  in  the  expenses,  particularly  those  of  the  Military 
and  Naval  Departments. 

2.     Last  quarter  of  the  year  \9,\Q. 

The  receipts  for  that  quarter  will,  it  is  believed,  be  more  than  sufficient  to  defray  the  current  expenses  and  in- 
terest on  the  debt  accruing  during  the  same  period.  But  the  payments  to  be  made  on  account  of  the  principal  of  the 
debt,  in  order  to  ciimplete  the  annual  appropriation  of  eight  millions  of  dollars,  amounting  to  more  than  5,100,000 
dollars  a  loan  first  negotiated  for  3,750,000  and  afterwards  reduced  to  2,750,000  dollars,  became  necessary.  The 
receipts  and  disbursements  for  that  quarter  are,  therefore,  estimated  as  follows: 

Receipts  into  the  Treasury  from  the  ordinary  revenue,  .  .  .  .  $2,500,000 

Proceeds  of  the  loan  receivable  on  the  31st  December,  1810.       ...  -  2,750,000 

Balance  in  the  Treasury  on  the  1st  October,  1810,        .....  3,460,000 


Expenses,  civil,  military  and  naval,  estimated  -  -  -  $1,570,000 

Interest  accruing  on  the  domestic  debt,  .  .  -  .  500,000 


$8,710,000 


1 2,070,000 


Payments  on  account  of  the  public  debt,  in  order  to  complete  the  annual  appropriation  of  eight 
millions,  and  including  the  reimbursement  of  31st  December,  1810,  on  the  six  per  cent,  and  defter- 
red  stocks,  and  that  of  same  date,  of  3,751,123  exchanged  six  per  cent,  stock,  -  -  4,640.000 

6.710,000 
Probable  balance  in  the  Treasury  on  31st  December,  1810,  -  -         .        -  -  2,000,000 

$8,710,000 

3.      J"e«rl811. 

The  outstanding  revenue  bonds,  after  deducting  the  expenses  of  collection,  and  allowing  for  bad  debts,  will  not, 
probably,  on  the  1st  January,  1811,  fall  short  of  eleven  millions  and  a  half  of  dollars,  the  actual  receipts  for  the  year 
1811,  on  account  of  the  sales  of  lands,  may  be  estimated  at  five  hundred  thousand;  and  it  is  presumed  that  the  por- 
tion of  the  revenue  arising  from  importations  subsequent  to  the  present  year,  which  will  be  received  in  1811,  will  be 
more  tlian  sulficient  to  pay  the  debentures  payable  in  that  year.  The  actual  receipts  into  the  Treasury  during  that 
year,  may,  tliereibre,  be  esti\nated  at  -----  -  $12,500.000 

Estimating  the  expenses  of  Government  for  the  year  1811,  not  to  exceed  the  amount  actually  expended  during 
the  year  ending  on  the  30th  September,  1810,  that  is  to  say — 

Expenses  of  a  civil  nature,  both  domestic  and  foreign,  -.--._     $1,240,000 

Mililary  and  Naval  departments,  ...------       4,190,000 

5,430,000 
And  adding  thereto  the  interest  on  the  jHiblic  debt,  estimated  at  .....      2,550,000 

The  aggregate  of  ihe  current  expenses,  exclusively  of  the  payments  on  account  of  the  principal  of 
the  debt,  would  not  exceed  ■■  -  -  -  -  -  -  -  .-  7,980,000 

The  payments  on  account  of  the  principal  of  tlie  debt  will  be  applicable  to  the  annual  reimburse- 
ment (111  the  six  per  cent,  and  deferred  stocks,  to  the  re-payment  of  the  loan  of  2,750,000  dollars  efiect- 
ed  this  year,  and  to  the  reimbursement,  in  [-art,  of  the  converted  six  per  cent,  stock;  and  must,  in 
order  to  complete  the  annual  appiopriation  ot  eight  millions  of  dollars,  auKtunt  to  -  -  -       5,450,000 

Making  fur  the  whole  amount  ol' the  expenditures  of  the  year  1811,    -  -  -  -  -  $13,430.000 

Or  about  one  million  of  dollars  \noie  than  the  receipts  for  the  same  year. 


1810.]  STATE    OF    THE    FINANCES.  44| 

If,  therefore,  this  estimate  could  be  relied  on,  an  aiitlioiity  to  borrow  one  million  of  dollars  would  be  sufficient 
to  enable  Government  to  pay  all  the  current  expenses,  and  to  reimburse  nearly  four  millions  and  a  half  of  the  princi- 
pal of  the  debt,  leaving  at  the  same  time  in  the  treasury  a  balance  of  two  millions  of  dollars,  ^  sum  not  greater  than 
what,  under  existing  circumstances,  it  is  eligible  to  reserve.  But  a  deficiency  nuiy  take  place  in  the  receipts,  if  the 
amount  of  debentures  should  exceed  what  has  been  estimated;  and  the  expenses  for  the  military  and  naval  depart- 
ments, (which,  according  to  the  estimates  of  those  departmetits,  and  exclusively  of  the  sum  necessary  tor  fortifica- 
tions, amount  to  4,910,000  dollars,)  may  be  greater  than  the  amount  actually  expended  during  the  year  ending  on 
the  30th  September,  1810.  In  order  to  provide  for  these  and  other  unforeseen  contingencies,  the  propriety  of  author- 
izing areloan,  not  exceeding,  in  the  whole,  the  amount;  of  the  principal  of  thedebtreiinbin>e(l  during  !iie  same  year, 
is  respectfully  submitted. 

Public  Debt. 

It  appears  by  the  statement  D,  that  the  payments  on  account  of  the  principal  of  the  public  debt,  have  amounted, 
during  the  year  ending  on  the  30th  day  of  September,  1810,  to  2,884,000  dollars;  and  during  the  nine  years  and  a 
half  ending  on  the  same  day,  to  near  37,700,000  dollars,  exclusively  of  more  than  six  millions  of  dollars  paid  in 
conformity  with  the  provisions  of  the  convention  with  Great  Britain  and  of  the  Louisiana  convention. 

Taking  the  calendar  year  1810,  by  itself,  the  principal  of  the  debt  actually  reimbursed  will  amount  to  5,163,376 
dollars,  viz: 

Annual  reimbursement  of  six  per  cent,  and  deferred  stocks,    ------   ;gi.41-2,25I 

Reimbursement  of  the  six  per  cent,  exchanged  stock,  -  .-.--.      3,751,125 

5,163,376 
From  which,  deducting  the  loan  from  the  bank,  of      ------  -        2,750,000 


Leaves,   for  the  actual  decrease  of  the  debt  during  the  year    ------     $2,413,376 

The  loan  authorized  by  the  act  of  last  session,  had,  at  first,  been  negotiated  in  the  latter  end  of  May,  for 
3,750,000  dollars;  but  the  expenses  having  proven  less  than  had  been  supposed,  it  was,  by  mutual  consent,  reduced 
in  October  to  3,750,000.  With  that  object  in  view,  in  order  that  no  greater  sum  should  lie  ultimately  borrowed  than 
might  be  necessary,  and  also,  in  order  to  avoid  as  long  as  practicable,  an  increase  of  stock  in  the  inaiket,  and  that 
of  a  more  permanent  species  of  debt,  a  temporary  loan  from  the  Bank  of  the  United  States  was  preferred  to  any 
other  mode.  It  is  reimburseable  on  the  last  day  ot  December,  1811,  with  a  reservation  that  the  bank  may,  in  case 
of  a  non-renewal  of  its  charter,  demand  an  earlier  payment,  on  giving  three  months''  notice.  This  condition  may,  if 
enforced,  save  some  interest  to  the  public,  and  can  produce  no  inconvenience,  as  there  will  be  no  greater  difficulty 
in  eft'ecting  a  new  loan,  (if  necessary,)  in  the  middle  than  in  the  latter  end  of  the  year.  The  documents  F,  G,  H, 
I,  show  both  the  object  and  the  terms  of  the  loan. 

From  what  has  been  stated,  it  appears  that  no  other  provisions  are  necessary  for  the  year  1811,  than  a  continu- 
ance of  t!ie  additional  2}  per  cent,  (luty,  commonly  called  the  Mediterranean  fund,  and  an  authority  to  borrow  a 
sum  probably  much  less,  and  certainly  not  greater,  dian  the  amount  of  the  principal  of  the  public  debt  which  will  be 
reimbursed  during  the  year.  But,  as  in  conformity  with  the  act  of  1st  May,  1810.  the  importation  of  articles,  the 
growth,  produce,  or  manufacture  of  the  dominicms,  colonies,  and  dependencies  of  Great  Biitain,  will  be  prohibited 
after  the  2d  day  of  February  next,  it  that  nation  shall  not,  before  that  time,  so  revoke  or  modify  her  edicts,  as  that 
they  shall  cease  to  violate  the  neutral  commerce  of  the  United  Stiites,  some  provisions  appear  necessary  for  the  pur- 
pose of  supplying  the  deficiency  in  the  revenue  arising  from  that  cause,  and  of  giving  to  that  measure  all  tlie  efficacy 
of  which  it  is  susceptible. 

The  probable  defalcation  in  the  revenue  cannot,  for  obvious  reasons,  be  at  this  time  estimated  with  any  degi-ee 
of  precision.  The  experience  of  the  ensuing  year  can  alone  att'ord  sufficient  data  for  a  permanent  and  detailed  plan, 
adapted  to  that  state  of  things,  and  calculated  to  ensure  perseverance  in  the  system  as  long  as  may  be  thought  proper. 
But,  in  the  mean  while,  it  appears  essential  to  lay  the  foundation  of  such  plan,  and  to  guard  in  time  against  any  great 
deficit  in  the  receipts  ot  the  year  1812.  It  is  believed  that,  under  existing  circumstances,  it  would  be  sufficient  to 
render  those  receipts  equal,  or  nearly  equal,  to  the  current  expenditure,  inclutling  therein  the  interest  on  the  public 
debt,  and  estimated  at  about  eight  millions  of  dollars:  and,  with  a  view  to  that  object,  a  considerable  and  immediate 
increase  of  the  present  duties  on  importations  is  respectfully  sug^^ested. 

It  is  not  less  important  that  the  act  shouUl  be  free  of  legal  tlitficulties  and  of  well  founded  objections,  and  that  it 
should  be  enforced  by  every  practicable  means.     On  that  subject,  the  following  observations  are  submitted: 

1.  The  law  of  1st  May,  1810,  has  neither  expressly  defined  the  edicts,  the  revocation  of  which  is  expected,  nor 
made  a  notification  by  the  President  the  evidence  and  the  sole  evidence  of  the  fact.  It  follows,  that  in  case  of  an 
unsatisfactory  modification  of  iier  edicts  by  Gieat  Britain,  the  decision  of  the  question  itself,  wliether  the  non-im- 
portation be  actually  in  force  or  not,  will  be  left  to  the  courts;  whence  delays  and  embarrassments  will  arise,  which 
will  considerably  impede  the  operation  of  the  law. 

2.  The  non-importation  is  to  take  place  on  the  2d  day  of  February  next,  if  a  revocation  shall  not  have  taken 
place  before  that  day.  But  this  may  have  taken  place,  and  not  be  known  on  that  day  in  the  United  States.  If 
the  Collectors  abstain  from  seizing  merchandise  imported  after  that  ilay.  until  the  fact  shall  have  been  ascertained, 
and  the  edicts  shall  not  have  been  revoked,  the  merchandise  will  escape  forfeiture,  and  the  law,  during  that  period, 
will  be  inoperative.  If  they  seize,  and  tlie  edicts  shall  have  been  revoked,  the  seizures  will  have  been  illegal, 
and  the  Collectors  will  be  liable  to  personal  suits.  This  inctmvenience  may  be  remedied  by  a  provis;on  directing 
that,  during  that  period,  it  shall  be  the  duty  of  the  Collectois  to  make  seizures,  but  that  the  goods  shall  be  restored 
to  the  parties  on  their  giving  bond  with  sureties  for  the  value. 

3.  No  exception  has  been  made  by  the  act  in  favor  of  vessels  which  had  sailed  for  the  British  East  Indies  prior 
to  the  Presitlent's  proclamation;  and  the  short  period  of  three  months  from  the  date  of  that  proclamation  to  the  day 
when  the  law  is  to  take  eft'ect,  will  occasion  forfeitures  or  heavy  losses  in  cases  of  bona  fitle  American  property  in 
England,  paid  for  or  ordered  prior  to  the  proclamation.  It  seems,  in  every  point  of  view,  eligible,  that  cases  clearly 
foreseen  should  be  provided  for  by  law.  instead  of  being  left  to  executive  discretion. 

4.  It  is  belie\ed  that  an  abandonment  by  the  c'nited  States  of  their  share  of  the  penalties  and  forfeitures  which 
may  be  incurred,  and  the  distribution  of  these,  according  to  the  circumstances  of  the  case,  amongst  the  Collectors, 
the  otiier  custom  house  officers,  the  Inspectors,  who  heretofore  have  had  no  share,  and  the  informers,  would  ensure 
a  greater  degree  of  zeal  and  vigilance  in  detecting  and  preventing  infractions  of  the  law. 

5.  Some  additional  provisions  will  be  necessary  to  enlorce  the  law  on  the  northern  frontier  of  the  United  States: 
amongst  which  may  be  reckoned,  the  erection  of  some  new  collection  districts,  particularly  on  the  river  St.  Law- 
rence, and  in  the  eastern  part  of  the  State  of  Vermont;  an  increase  of  salary  to  the  Collectors  in  that  (juarter,  inas- 
much as.  under  the  non-importation,  that  part  of  their  compensation  which  is  derived  from  fees,  will  be  considera- 
bly reduced,  and  that  which  arises  from  commissions  altogether  lost;  and  an  authority  to  the  armed  force  of  the 
United  States  to  make  seizures.  And  it  must  be  added,  tliat  the  peculiar  situation  of  those  districts  will  render 
condemnations  extremely  ditticult,  unless  the  obligation  be  imposed  on  persons  claiming  merchandise  seized  there, 
to  prove  that  the  same  was  legally  imported. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 
Tkeasury  Department.  December  10///.  1810. 


442 


FINANCE. 


[1810, 


A  Statement  exhibiting  the  amount  of  duties  which  accrued  on  Merchandise^  Tonnage,  Passports,  and  Clearances 
of  Debentures  issued  on  the  exportation  of  foreign  Merchandise,  of  payments  for  Bounties  and  Mlowances,  and 
for  cxjienses  of  Collection,  during  the  years  1808  and  1809. 


DUTIES  ON 

Debentures 
issued. 

Bounties  and 
Allowances. 

Gross  Revenue. 

Expenses  on 
Collection. 

Years. 

Merchandise. 

Tonnage. 

Passports  and 
Clearances. 

Nett  Revenue. 

1808 
1809 

11,165,339  65 
11,603,071  27 

138,162  55 
151,983   13 

684  00 
22,660  00 

249,396 
4,706,608 

160,802  15 
48,940  18 

10,893,988  05 
(a)7,022,166  22 

545,223  90 
494,998  02 

10,348,764  15 
6,527,168  20 

(a)  Gross  revenue  for  the  year  1809, 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B, 


$7,022,166  22 
33,927  78 

$6,988,238  44 


A  Statement  of  the  amount  of  Jlmerican  and  Foreign  Tonnage  employed  in  foreign  trade  J'or  the  year  1809,  as  taken 

Tre 


from  the  records  of  the  Treasury. 


American  tonnage  in  foreign  trade. 
Foreign  tonnage, 


(.:,'i: 


Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 


Tons. 

603,931 

80,500 

684,431 


Proportion  of  foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade  of 
the  United  States,  -  -  -  -  -  -  -  -     11.8  to  100 

Treasury  Department,  Begistcr^s  Office,  December  6,  1810. 

JOSEPH  NOURSE,  Register. 


B, 


A  Statement  exhibiting  the  value  and  quantities,  respectively,  of  Merchandise,  on  which  duties 
during  the  year  1809,  (consisting  of  the  difference  between  articles  paying  duty,  imported,  and 
drawback,  re-exported,)  and,  also,  the  nett  revenue  which  accrued  during  that  year,  fromduties 
tonnage,  passports,  and  clearances. 


actually  accrued 
those  entitled  to 
on  merchandise. 


GOODS  PAYING   DUTIES  AD  VALOREM. 


19,458,378  dollars,  at  12^  per  cent. 
4,783,116        do  15         do      -  -  -  - 

313,712        do  20        do      - 

(a)  Additional  duty  on  $24,645,096,  at  2|  per  cent. 


24.555,206 
(6)  Spirits, 
(c)  Sugar, 
(a)  Wines, 
Coftee, 


4,644,469  gallons,  at  28.6  cents,  (average) 
12,381,320  pounds,  at    2.2  cents,      do 
833,597  gallons,  at  45.7  cents,       do 
6,649,293  pounds,  at      5  cents, 


Molasses,  5,336,686  gallons,  at      5  cents, 


43,666  97 
48,897  00 


From  which  deduct  the  following,  viz:  ij  i 

(e)  Teas,  being  excess  of  exportations  beyond  importations, 
(/)  Salt,  being  excess  of  bounties  and  allowances  in  1807,  paid  in  1809. 
beyond  the  duties  collected,  -  -    - 


{g)  All  other  articles. 


Deduct  duties  refunded,  after  deducting  therefrom  duties  collected  on  merchan- 
dise, the  particulars  of  which  could  not  be  ascertained,  and  difference  in  cal- 
culation,     -------. 

Three  and  a  half  per  cent,  retained  on  drawbacks.     - 

Extra  duty  of  ten  per  cent,  on  merchandise  imported  in  foreign  vessels, 

Nett  amount  of  duties  on  merchandise.        .  .  -  - 

Duties  on  tonnage,  ----.. 

Light  money,  -  -  --  -  -;-.. 

Duties  on  passports  and  clearance.*.  .  -  -  . 


Sundry  accounts  not  yet  received,  estimated  at 

Gross  revenue,  as  per  statement  A, 
Deduct  expenses  of  collection. 

Net*  reveniip,  -  -  - 


$2,432,297  25 

717,467  40 

62,742  40 

616,127  40 

3,828,634  45 
1.327,058  58 
273,925  03 
380,961  11 
332,464  65 
266,834  30 

6,409,878  12 


92,563  97 

6,317,314  15 
61,621  92 

6,378,936  07 


30,050  96 


109,937  44 
42.045  69 


6,348.885  II 
171,227  80 
253,482  40 

6,773..595  31 


151,983  13 

22,660  00 

6,948,238  44 

40,000  00 

6,988,238  44 

494,998  02 

6.493,240  42 


1810.] 


STATE   OF    THE    FINANCES. 


443 


Explanatory  Statements  and  Notes- 

(r/.)  Additional  duty  of  25  pf>r  cent.  -  -  ..  . 

Three  and  a  half  per  cent,  retained  ozi  diawbacks, 
Extra  duty  often  per  cent,  on  merchandise  imported  in  foreign  vessels, 


(/;.)  Spirits — Grain. 

Deduct  excess  of  exportations  be- 
yond importations,     - 


Other  materials. 


-         1st  1 

srooi, 

4  th 

do 

st  and  2d 
3d 
4  th 
5th 
6th 

do 
do 
do 
do 
do 

92,560  gallons,  at  28  cents, 
386      do  34  cents. 


92,174 

956,124  do 

2,319,211  do 

1,373,359  do 

3,355  do 

246  do 


25  cents, 
28  cents, 
32  cents, 
38  cents, 
46  cents, 


4,644,469 


(c. )  Su^ar — Brown,  .  .  -  . 

White,  deduct  excess  of  exportations  beyond 

importations,  -  -  - 


((/.)  Wines — Madeira,  1st  quality,   - 
Do  3d     do 

Sherry  and  St.  I>ucar,  - 
Oporto  and  liisbtm. 
Burgundy  and  Champaigne, 
Tenerifle,  Fayal,  ana  Malaga, 


Deduct  excess  of  exportations  beyond  importations,  viz: 
Other,  in  bottles,  -  -        24,643  gals,  at  35  cts. 

Other,  in  casks,  -  -      452,814  gals,  at  23  cts 


19,502,914  pounds,  at  2|  cents, 
7,121,594       do  3  cents, 

12,381,320 


251,719  gallons, at  58  cents, 
31,243      do  50  cents. 


334,801  do 

301,864  do 

210  do 

491,217  do 


40  cents, 
30  cents, 
45  cents, 
28  cents. 


1,311,054 


477,457 
833,597 


8,625  05 
104.147  22 


(e.)  Teas — Souchong,  excess  of  exportations  beyond  im- 
portations,      -  -  -  - 

Deduct  excess  of  importations  beyond  exporta- 
tions, viz: 

Bohea, 

Hyson, 

Other  green. 

Extra  duty  on  teas  import- 
ed from  other  places  than 
India, 


850,812  pounds,  at  18  cents. 


69,864  lbs.  at  12  cts. 

59,621  lbs.  at  32  cts. 

403,035  lbs.  at  20  cts. 


Excess  of  exportations  beyond  importations, 

(/.)  Salt — Amount  of  bounties  and  allowances,  $48,940  18, 
reduced  into  bushels,  at  5  bushels  the  dollar, 
Imported  bushels  of  56  pounds. 


532,510 
318,302 


244,701  bushels,  at  20  cents, 
360  bushels,  at  13  cents, 


8,383  68 
19,078  72 
80,605  00 


1,411  79 


6616,127  40 

3,413  88 

15,752  36 

$635,293  64 

25,916  80 

131   24 

55,785  56 

239,031   00 

621,379  03 

439,474  88 

1,274  90 

113    16 

$1,337,058  58 

487,572  85 

213,647  82 

$373.925  03 

145,997  02 
15,621   50 

133,920  40 

60,559  30 

94  50 

137,540  76 

$493,733  38 


112,772  27 
$380,961    11 


153,146   16 


244,341 


109,479   19 
$43,666  97 


48,940  20 
43  20 

$48,897  00 


444 


FINANCE. 


Tr; 


[1810. 


Eocplanatory  Statements  and  Notes — Continued. 


{g.)   AI,L  OTHER  ARTICLES. 


Domestic  spirits,  1st  proof,    - 
Do         do      4th  proof,  - 
■Beer,       -  -  - 

Cocoa,     -  -  " 

Chocolate. 
Sugar,  candy. 
Loaf. 

Other  refined,  and  lump. 
Almonds, 
Currants, 

Prunes        -  - 

Figs, 
Raisins,  jar. 

Other, 
Candles,  tallow,    - 
WaK,      - 
Cheese, 
Soap, 
Tallow, 
Mace, 
Nutmegs, 
Cinnamon, 
Cloves, 
Pepper, 
Pimento, 

Cassia,        -  ,  - 

Tobacco, 
Snutt', 
Indigo, 
Cotton, 
Powder,  hair. 
Gun, 
,  Starch, 
Glue, 

Pewter  plates  and  dishes,     - 
Anchors  and  sheet  iron, 
Hoop  and  slit  iron. 
Nails, 
Spikes. 

Quicksilver,  f  ( 

Ochre,  in  oil. 
Cry, 
Spanish  brown, 
White  and  red  lead. 
Lead, 
Seines, 

Cordage,  tarred,     - 
Lui  tarred. 
Cables, 
Steel, 
Hemp. 

Twine,        -  - 

Cdauber  salts. 
Coal, 
Fish,  dried, 

pickled,  salmon, 

Mackerel, 
Other. 
Glass  bottles,  black  quart,     - 

Window,  not  above  8  by  10, 


Excess  of 
importa- 
tion over 
exportation 


QUANTITIES. 


Excess  of 
exportation 
over  import- 
ation. 


Do 

Dj 

Cigars 
Lime, 

Boots, 

Shoes,  silk. 

Kid,  and 
Other, 

Cards,  playing. 


do  10  by  12, 

above  10  by  12, 


morocco. 


gallons, 
do 

do 

pounds, 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

cwt. 

do 

do 

do 
bushels, 
quintals, 
barrels, 
do 
do 
groce, 
100  sq.  ft. 
do 
do 

M. 

casks, 

pairs, 

do 

do 

do 

packs. 


974 

108 

51,973 

1,651 

13 

340 

165,970 

81,015 

40,544 

176,688 

1,255,095 

2,592,975 


41,916 

1,724 

28,446 

333,393 

517 


63.348 

1,437 

59,416 

21,159 

804,679 

217,272 

1,021,483 

176,900 

10,556 

9,659 

51,168 

1,171,470 

2,958,011 

918,740 

2,209 

12,309 

7,701 

12,452 

16,250 

740 

78 

364,618 

8,594 

1,123 

4,079 

3,307 

6.584 

20,593 

3.127 

2,812 

18,674 

42 

413 

1,362 

1,552 


1,238,339 


3.3,352 


RATE 

OF 
DUTY. 


DUTIES 
OVER  DRAW- 
BACKS. 


Cents. 


114,602 
1.606 
123,539 
292,966 
335,525 
1,157 


1,552,442 

102,631 

4,815 

389,385 

2,615,138 

846 


84,774 


3,8G0 
1,536 


7 
11 


.  3 

111 
9 

6i 

2 

2 

2 

9 

u 

2 
6 
7 
2 

I3 

125 

50 

20 

20 

6 

4 

4 

6 
10 
25 

3 

4 

4 

3 

4 

4 

n 

1 

2 

1 

6 

u 

1 
1 

2 
1 

4 


100 

100 

400 

200 

5 

50 

100 

60 

40 

60 

160 

175 

225 

200 

50 

75 

25 

15 

10 

25 


EXCESS  OF   EXCESS 


68  18 

11  88 

4,157  76 

49  53 

1  50 

31  14 

3,319  40 
1,620  30 

810  88 

3,533  76 

25,101  90 

38,894  63 


OF  DRAW- 
BACKS 
OVER  DU- 
TIES. 


TOTAL. 


20,958  00 

344  80 

5,689  20 

13,335  72 

31  02 


2,533  92 
43   11 

2,376  64 

846  36 

12,070   18 

3,172  72 

20,439  66 

1,769  60 

633  36 

144  88 

51!    68 

11,714  70 

59,160  22 

9,187  40 

88  36 

307  72 

154  03 

12,452  00 

16,350  00 

2,960  00 

156  00 

18,330  90 

4,397  00 

1,123  00 

2,447  40 

1,332  80 

3,950  40 

32,948  80 

5,473  25 

6,327  00 

37,348  00 

21   00 

309  75 

204  30 

388  00 


24,766  78 


2,167 


2,293  04 
96  36 
8,647  73 
5,859  33 
5,033  87 
1,446  35 


93,146  53 

4,105  24 

481  50 

97,346  25 

78,454  14 

33  84 


1,695  48 


965  00 
153  60 


388,312 


326,690  80 


61,631   93 


Treasury  Department,  Register's  Qffice  fith  December,  1810. 

JOSEPH  NOURSE,  Negister. 


181C.] 


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446 


FINANCE. 


[1810. 


STATEMENT  C— Continued. 
Estimate  showing  when  the  instahnents,  which  compose  the  balance  due  from  individiuds,  will  become  payable. 


OFFICES. 

Remaining  due 

Becoming  due  in 

Becoming-  due 

Becoming  due 

Becoming  due 

Total  balance. 

in  1810. 

1811. 

in  1813. 

in  1813. 

in  1814. 

Marietta, 

$7,036  63 

$3,939  05 

$4,390  47 

$2,038  04 

$1,314  06 

$18,718  25 

Zanesville, 

52,368   17^ 

36,708  61 

35,453  04 

26,081   86 

16,596   10 

167,208  38A 

Steubenville, 

113,941   40i 

40,643  24 

40,801   02 

24.032  22 

12,292  28 

231,710  16i 

Canton, 

- 

21,652  21| 

28,871   63 

13,377  06 

5,035  70 

68,936  60i 

Chillicuthe, 

82,631  36 

36,498  05 

21,517  53 

9,183  80 

2,903  55 

152,734  29 

Cincinnati, 

342,040  44 

255,920   14 

163,316  44 

27,121  52 

11.390  93 

799,789  47 

Jettersonville, 

. 

27,682  34 

42,136  77 

21.446  34 

10,009  54 

101,274  99 

Vincennes, 

24,026  77," 

45,092  48 

22,075  28 

11,430  74 

3,644  62 

106,269  89.; 

$622,144  78 

$468,036  12i 

$358,562  78 

$134,711  58 

$63,186  78 

$1,646,642  04| 

Treasury  Department,  December,  1810. 


C 


Statement  of  the  lands  sold  in  the  Mississippi  Territory,  from  the  time  of  the  last  report  thereon,  to  (he  period  of 
the  latest  returns  received  at  the  Treasury;  showing,  also,  the  amount  of  receipts  from  individvals,  and  pay- 
ments made  by  Receivers,  during  the  same  time,  with  the  balance  due. 


v„__ __ 

Lands  sold. 

In  hands  of  Re- 
ceivers,  per 
last  rajjort. 

Due  by  indivi- 
duals, per  last 
report. 

Receipts  by  Receivers. 

OFFICES- 

Acres. 

Purchase  mo- 
ney. 

On  account 
of  purchase 
money. 

On  account 
of  forfeit- 
ures. 

Madison  county,     -          -            - 
West  of  Pearl  River, 
East  of  Pearl  River, 

53,612.14 
23,423.69 

$111,278  59 
46,847  38 

$25,042  94 

25,773  86 

2,464  68 

$40,189  04 

216,189  92 

17,103  29 

$20,702  25i 
19,276  65 
1,434  58 

$371   67 

77,035.83    $158,125  97 

$53,281  48 

$273,482  85 

$41,413  48A 

$371  67 

Payments  by  Receivers. 

Balance  due. 

Total  balance 
due. 

Date  of  last 

OFFICES. 

Into  tlic  Trea- 
sury. 

The  part 

which  was  for 

expenses. 

From  indivi- 
duals. 

By  Receivers. 

return. 

Madison  county. 
West  of  Pearl  River, 
East  of  Pearl  River, 

$19,782  97i 
42,801  34 
2,860  35 

$1,160  97| 
1,472  26 
1,340  35 

$130,765  97^ 

243,760  65 

15,668  71 

$26,333  89| 
2,249   17 
1,038  91 

$157,099  86? 
240,009  82 
16,707  62 

I8I0,  June  30. 
"     Sept.  30. 
"    June  30. 

(a.)  65,444  06i 

$3,975  584 

$390,195  33^ 

$29,621  97| 

$419,817  30? 

TOTAL  SALES  OF  LANDS. 

Amount  of  lands  sold,  from  the  opening  of  the  offices,  per  last  report. 

Amount  sold  since,  as  above  stated,  .--... 


(a.)     Paid  into  the  Treasury,  in  specie,  by  warrants  on  Receivers: 
For  payments  made  by  themselves,  ... 

For  payments  made  by  individuals,  .  .  . 

Payments  by  Receivers  to  be  covered  by  warrants. 


Acres,    92,724.40A         $185,448  SI 
77,035.83  158,125  97 


Acres,      169,760.23^         §343,574  78 


$58,312  83 
316  81 


$58,629  64 
6,815  02:i- 

$65,444  G6i 


C  c — Continued. 
Estimale  showing  when  the  instalments,  which  compose  the  balance  due  from  individuals,  will  become  payable. 


OFFICES- 

Becoming  due 
in  1810. 

Becoming  due 
in  1811. 

Becoming  due 
in  1812. 

Becoming  due 
in  1813. 

Becoming  due 
in  1814. 

Total  balance. 

Madison  county,     - 
West  of  Pearl  River, 
East  of  Pearl  River, 

$7,117  41 

69,357  54 

3,938  18 

$26,165  36 

74,918  74 

5,964  01 

$44,699  64 

48,653  27 

3,901   51 

$44,699  64 

41,743  32 

1,865  01 

$8,083  92:^ 
9,087  78 

$130,765  97i 

243,760  65 

15,668  71 

$80,413  13 

$107,043   11 

$97,254  42 

$83,307  97 

$17,171  70^ 

$390,195  33| 

Treasury  Department,  December,  HIO. 


1810.] 


STATE    OF    THE    FINANCES. 


447 


D. 

^incslimatc  of  the  principal  redeemed  of  the  Debt  of  Ike  United  Slates,  from  the  1st  October,  1809,  to  20th  Sqj- 
tem/>er,  1810;  showing  the  redemption  of  the  Principal  of  the  said  debt,  from  \sl  .^pril,  1801,  to  'Mlh  Sen- 
t  ember,  1810. 


'         On  account  of  the  Domestic  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer  ot"  tlie  United 
States,  on  account  of  the  interest  of  the  domestic  debt,  and  of 
the  reimbursement  of  the  old  6  per  cent.,  deferred  6  per  cent., 
and  exchanged  6  per  cent,  stocks,  from  the  1st  October,  1809,  to 
the  30th  September,  1810,  was     -  -  -  $4,486,365  27 

Deduct  reimbursement  of  exchanged   6   per  cent. 

stock,  as  stated  beh)w,       -  -  -  -     1,090,749  13 


Deduct  interest  which  accrued  during  the  same  pe- 
riod, calcuhited  quarter  yearly. 


.■?,  395,6 16  14 
•2.0C8.114  63 


Reimbursement  of  the  oUl  6  per  cent,  and  deferred  stocks. 

Do  (if  the  navy  6  per  cent,  stock, 

Do  of  the  5.4  per  cent,  stock,      .  -  .  . 

Do  of  tiie  4;  per  cent,  stock,     -  -  -  - 

Do  and  purchase  of  8  per  cent,  stock,   - 

Do  and  purchase  of  exchanged  6  per  cent,  stock. 

Payments  made  for  lands,  in  certificates  of  the  debt  ol' tiie  United 
States,        -         .  -  .         - 

Do      made  to  foreign  officers,  and  for  certain  parts  of  the  do- 
mestic debt,  -.---.. 

Do      made  on  account  of  domestic  loans, 

On  account  of  the  Foreign  Debt. 

The  amount  of  warrants  issued  on  the  Treasurer,  exclusive  of 
$1,702  55,  comtnissions  to  agents  purchasing  bills  of  excliange, 
was  -.-...  $1,131,998  68 

Deduct  interest  accruing  thereon,  viz: 
On  Louisiana  6  per  cent,  stock,  includ- 
ing commissions.  -  -         671,998  27 
On  exchanged  6  per  cent,  stock,  paya- 
ble in  Europe,       -            -  5.779  09 
On  converted  6  per  cent,  stock,     do.        17,604  55 
And  charges  on  remittance       10,928  69 
Deduct  gain  on        do.                  258  87 

10,669  82 


"06,051  73 


Redemption 
from  Ist  Octo- 
ber,   1809,     to 
30th    Septem- 
ber, 1810. 


$1,367,471  51 


1,090,749   13 


241   65 


(«.)425,946  95 
$2,884,409  24 


Redemption 
from  ls(  April, 
1801,  to  30th 
Sept'r,  1809, 
per  the  Secre- 
tary's report 
of '7th  Decem- 
ber, 1809. 


10,638,227  50 

711,700  00 

1,847,500  00 

176,000  00 

6.359,600  00 

1,451,476  73 

268,240  70 

89,850  93 
3,440,000  00 


Total  redemp- 
tion, from  1st 
April,  1801,  to 
:!()th  Septem- 
ber,   IS  10. 


$12,005,69!  01 

711,700  00 

1.847.500  00 

170,000  00 

6,359.600  00 

2,542,225  86 

208.240  70 

90.092  58 
3,440,000  00 


9,813,495  38 


$34,796,091   24 


10,239,442  33 


$37,680,500  48 


(a.)  This  statement  being  made,  by  deducting  from  the  total  amount  of  payments  at  the  treasury,  the  amount  of 
inteiest  accruing  during  the  same  year,  it  follows,  that,  svhenever  the  payments  ibr  the  purchase  of  remittances 
happen  to  exceed  the  interest,  the  difference  is  considered  as  a  payment  on  account  of  principal,  though  no  princi- 
pal may  be  actually  paid  during  the  same  year.  But,  on  the  other  hand,  if  the  interest  should  happen  to  exceed  the 
remittances  made  in  the  year,  the  difference  is  considered  as  an  increase  of  debt.  Thus,  in  the  statements  (D)  for 
the  years  1807  and  1809,  the  following  deductions  were  made  on  that  account,  as  follows: 

1807,        $248,813  36 

1809,         214.001   11 

462,814  47 
Which  are  now  nearly  supplied  by  the  sum  of   $425,946  95,  in  this  statement-    The  general  result,  for  a  number  of 
years,  and  that  for  each  year,  so  far  as  relates  to  the  payments  at  the  treasury,  are  correct.     But  the  ultimate  ap- 
plication of  these  payments,  for  each  year,  necessarily  differs  so  far  as  relates  to  the  foreign  debt,  from  the  trea- 
sury payments,  and  is  correctly  stated  in  tiie  annual  reports  of  the  commissioners  of  the  sinking  fund. 

Treasury  Department,  Register''s  Office,  December  Ith,  1810. 

JOSEPH  NOURSE.  Res-istr. 


448 


FINANCE. 


[1810. 


E. 


Statement  of  Beceipts  and  Payments  at  the  Treamry  of  the  United  States,  Jrom  the  1st  of  October,  1809.  fo  the 

30th  September,  1810. 


Cash  in  the  treasury,  subject  to  warrant,  October  1st,  1809, 
Received,  for  the  proceeds  of  the  customs 
Internal  revenue.  -  -  -  - 

Direct  tax,  .  -  -  -  - 

Sales  of  public  iand»,  '  ;  "  " 

Cents  anil  half  cents  coined  at  the  mint. 

Fees  on  patents,    -  - 

Stamp  duties  and  penalties,  .  -  ~ 

Fines,  penalties,  and  forfeitures. 

Seamen's  wages  paid  to  consuls  in  foreign  countries. 

Interest  received, 

Fines,  &c.  received  from  contraTentions  of  embargo  laws, 

Repayments,         -  -  -  -  - 


Payments  on  the  following  accounts: 

Civil  Expenses,  both  Foreign  and  Domestic,  viz 

Civil  list,  proper,  -  -  -  .-.  ., 

Light-house  establishment. 

Marine  Hospital,  -  -  -  - 

Invalid  pensions,  -  -  -  - 

Public  buildings  in  Washington,  and  furniture. 

Surveys  of  public  lands,    -  -  -  - 

Ascertaining  land  titles  in  Louisiana, 

Mint  establishment,  -  -  - 

Grants  of  Congress,  and  miscellaneous  claims. 
Road  from  th?  Mississippi  to  the  Ohio, 
Roads  within  the  State  of  Ohio, 

Purchase  of  books  for  Congress, 

Better  accommodation  of  the  General  Post  Office,  &c.  - 
Unclaimed  merchandise.    -.  "  '  ' 

Intercourse  with  foreign  nations,        -  -  .      - 

American  claims  assumed  by  the  Louisiana  convention. 

Military  Expenses,  viz: 

Pay,  subsistence,  clothing,  &c.  of  the  army,  - 
Fortifications  of  ports  and  harbors,    - 
Ordnance,  arms,  arsenals,  &c. 


Indian  Department, 


Navy. 


- 

- 

$5,828,936 

01 

- 

$7,851,170  46 

$4,138  24 

13,818  13 

17,956  37 
673,417  90 

- 

- 

16,590  00 

- 

6,840  00 

- 

51  35 

- 

804  80 

- 

935  15 

- 

390  00 

- 

7,584  25 

- 

•  114,120  89 

8,688,861 

17 

$14,517,797 

18 

Repairs  and  contingencies,                 -  -  - 

Ordnance  and  arms.            -               -  -  - 

Navy  yards,         -               -               -  -  - 

Marine  corps,      -               -               -  -  " 
Pay,  provisions,  and  other  expenses, 

Public  Debt. 

Interest  and  charges,           -                -  -  - 

Principal  discharged,           -                -  -  - 

Balance  in  the  treasury,  subject  to  warrant,  September  30,  1810, 


$44,448   18 
6,740  87 


130  58 
55,725  00 


145,095  37 
9,101   66 


1,254,764  00 
558,000  00 
496,034  75 


$689,309  35 
83,594  23 
35,652  97 
80,476  69 
49,000  00 


51,189  05 
16,158  36 
16,981   27 


55,855  58 

1,000  00 

13,000  00 

885  53 


154,197  03 


2,308,798  75 
307,625  00 


586,000  00 

150,000  00 

30,000  00 

95.735  50 

813,000  00 


2,735,898  91 
2,884,409  34 


$1,247,300  OS 


3,516,423  75 


1.674,735  50 


5,620,308  15 
3,459,029  72 


14,517,797  18 


At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  held  on  the  26th  day  of  April,  1810. 
Present:  John  Gaillard,  President  of  the  Senate,  pro  tempore. 
Robert  Smith,  Secretary  of  State. 
Albert  Gallatin,  Secretary  of  the  Treasury. 
CjEsar  a.  Rodney,  Attorney  General  of  the  United  States. 

The  Secretary  of  the  Treasury  reported  to  the  Board— 

"That  tie  payments  to  be  made  during  the  present  year,  on  account  of  the  interest  of  the  debt,  including  the 
annual  reimbursement  of  six  per  cent,  and  deferred  stocks,  are  estimated  at-  ...        $4,100,000 

Leaving  a  sum  of-  -  -  -  -  -  -  -  -  -  -  3,900,000 


In  order  to  complete  the  annual  appropriation  of 


$8,000,000 


1810.]  STATE    OV    THE    FINANCES. 


449 


Which,  the  market  price  of  slocKs,  bi'in.s;  ahovc  flic  rate  fixed  by  law  lor  purchases,  can  only  be  r.pplieil  to  ihe 
reimbursement  ut  the  six  per  cent,  exchanged  :,tock,  amouiiiing  to  S^.'!. 75 1. 125  2(i,  in  conlorinity  with  the 
provisions  ol  the  act  supplementary  to  the  act,  eniithd  '•  An  act  inakinii  provision  i'or  the  iedcmptioi'  of  the  whole  o»' 
ihe  public  debt  ol  the  t  iiited  States." 

IfJicrmpm,  rrsolvr:!.  That  the  resiiiue  (,f  t!u>  e\chan.:i;ed  six  percnt.  stock  be  reimbursed  durin-'  the  p;e-en- 
year,  in  coniormity  with  the  act  last  mentioned.  "' 

.lOUN  GAil.LA  Rl).  Frc-iiden!  of  the  S'enalc.  pro  timvore. 
ROBFAiT  fiMllH,  Serrrfory  of  Maff.  ' 

ALiiEIlT  (i^ALLATlN.  Sen-ttary  of  Ihe  7'rcamnj. 
C.  A.  JIODNEV.  Jilloritnj  General  (f  the  I'nife;'  Stale-- 

Attest, 

Dr.wAKB  JoNKs.  Secretary  >.o  <he  Conimis.noner.-i  of  I  lie  Sinkin:;-  Fund. 


Jamks  Madison,  Prendent  of  the  United  Stales  of  ,'lr)iericn.  to  Ar.i'.ERT  liAi.r.ATis,  Seereiary  of  Uie  7'reasi(nj 

Hy  virtue  of  the  act,  entitled  "  An  act  authorising  a  loan  of  money  U.r  a  sum  not  exceeding  the  amount  of  th^' 
principal  of  the  public  debt,  reimbursable  during  the  year  one  thousand  eight  hundred  and  ten,"  passed  on  t'le  tiist 
day  of  May,  one  thousandt'ight  iiundred  and  ten. 

i  do  hereby  authorize  aiHl  empower  you.  by  yonivelf,  or  any  other  person  or  persons,  to  borrow,  on  behalf  of  t'" 
United  Slates,  of  the  Bank  of  the  Tnifed  States,  any  sum,  not  exceeding,  in  the  vvjiole,  three  millions  seven  hundred 
and  fifty  thousand  dollars,  and  to  make,  or  cause  to  be  made  for  that  purpose,  such  contract  as  shall  be  nec"s-ary 
and  for  the  interest  of  the  said  Stales,  j)ursuant  to  the  act  aforesaid.     And  tor  so  doing,  this  shall  be  your  wanaii'* 

Given  under  my  hand,  at  Washington,  this  twenty-eighth  day  of  May,  in  the  year  of  our  Lord  one  thousand  ei"-h* 
hundred  and  ten.  "' 

JAMES  MADIS!)N. 

H. 

Articles  of  agreement  between  Albeit  Gallatin,  Secretary  of  the  Treasury  of  the  United  States,  of  the  one  part 
and  the  President,  Directors,  and  Company  of  the  Bank  of  the  United  States,  of  the  other  part,  made  and  con- 
cluded the  thirtieth  day  of  May,  one  thousand  eight  hundred  and  ten. 

Wiiereas,  by  the  act,  entitled  "  An  act  authorizing  a  loan  of  money  for  a  sum  not  exceeding  the  amount  of  the 
principal  of  the  public  debt,  reimbursable  during  the  year  one  thousand  eight  hundred  and  ten,"  passed  the  first  day 
of  May,  eighteen  hundred  and  ten,  the  President  of  the  United  States  is  authorized  and  empowered  to  borrow,  oV 
cause  to  be  borrowed,  of  the  15ank  of  the  United  States,  a  sum  not  exceeding  the  amount  of  the  principal  of  the 
public  debt,  reimbursable  during  the  year  one  thousatu!  eight  hundred  and  ten: 

And.  wherea:-,  the  President  of  the  United  States,  by  his  warrant,  bearing  date  the  twenty -eighth  day  of  May, 
one  thousand  eight  hundred  and  ten,  and  directed  to  the  said  party  of  the  first  part,  did  authorr/.e  and  empower 
him  to  contract  with  the  said  parties  of  the  second  part,  for  a  loan  of  three  millions  seven  hundred  and  fifty  tf.oujand 
dollars,  in  conformity  with  the  provisions  of  the  act  aforesaid: 

Now,  therefore,  these  presents  vvitness.  that,  pursuant  to  the  authority  aforesaid,  it  hath  been,  and  is  hereby 
agreed,  by  and  between  the  said  parties  of  the  first  and  second  part,  as  Iblloweth,  viz: 

First,  The  said  President,  J)irectors,  and  Company,  shall  lend  to  the  United  States  the  sum  of  three  millions 
seven  hundred  and  fifty  thousand  dollars,  to  be  advanced  at  their  banking  house  in  Philadelphia,  on  the  thirty-first 
day  of  December,  one  thousand  eight  hundred  and  ten. 

Secoiid,  The  said  suni,  so  to  be  advanced  as  aforesaid,  shall  bear  interest  at  the  rate  of  six  per  centum  per 
annum,  from  the  date  beforementioned,  payable  quarter  yearly  to  the  said  parties  of  the  second  part,  durin^'  the 
continuance  of  the  said  loan.  ° 

Third,  The  United  States  shall  reimburse,  or  repay  to  the  said  Bank  of  the  United  States,  the  said  sum  of  three 
millions  seven  hundred  and  fifty  thousand  dollars,  with  the  interest  which  may  be  due  thereon,  on  the  thirty-first 
day  of  December,  one  thousand  eight  hundred  and  eleven;  reserving,  nevertheless,  to  the  said  parties  of  the  second 
part,  (in  case  they  do  not  obtain  a  renewal  of  their  charter  at  the  next  session  of  Congress)  the  right  to  demand  and 
receive  repayment  at  an  earlier  period,  they  giving  three  months'  previous  notice  to  the  party  of  the  first  part,  of 
such  their  intention. 

In  testimony  whereof,  the  said  Secretary  of  the  Treasury  hath  caused  the  seal  of  the  Treasury  to  be  affixed  to 
these  presents,  and  hath  hereunto  subscribed  his  hand  ;  and  the  said  President,  Directors,  and  Company, 
have  also  caused  the  seal  of  the  Bank  of  the  United  States  to  be  affixed  to  the  same,  the  day  and  year 
aforesaid. 


ALBERT  GALLATIN,  Secretary  of  the  Treasury 
D.  LENOX.  President  of  the  Bank  of  the  United  Slates. 


Whereas,  by  an  agreement  between  the  Secretary  of  the  Treasury  of  the  United  States,  and  the  President. 
Directors,  and  Company  of  the  Bank  of  the  United  States,  dated  the  thirtieth  day  of  May,  one  thousand  ei<'ht  hun- 
dred and  ten,  it  was  stipulated  on  the  part  of  the  President,  Directors,  and  Company  aforesaid,  that  they  would 
lend  to  the  United  States  the  sum  of  three  millions  seven  hundred  and  fifty  thousand  dollars,  to  be  paid  in  Philadel- 
phia, on  the  thirty-first  day  of  December,  one  thousand  eight  hundred  and  ten: 

And,  whereas,  the  two  contracting  parties  have  lately  agreed,  that  the  amount  of  the  loan  stipulated  to  be  made 
to  the  United  States,  in  the  agreement  before  recited,  shall  be  reduced: 

Now,  therefore,  these  presents  witness,  that  the  sum  to  be  loaned  to  the  United  States  by  the  President,  Direc- 
irs,  and  Company  of  the  Bank  of  the  United  States,  on  the  thirty  first  day  of  December  ensuing,  shall  be  fixed  at 
fo  millions  seven  hundred  and  fifty  thousand  dollars,:  any  thing  in  the  former  agreement  to  the  contrary  notwith- 


tors 
tw 
Stan  din 


In  testimony  whereof,  the  Secretary  of  the  Treasury  hath  caused  the  seal  of  the  Treasury  to  be  affixed  to  these 
presents,  and  hath  hereunto  subscribed  his  hand;  and  the  President,  Directors,  and  Company  of  the  Bank 
of  the  United  States,  have  also  caused  the  seal  of  the  said  Bank  to  be  affixed  to  the  same,  this  fifteenth  day 
of  October,  one  thousand  eight  hundred  and  ten. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
D.  LENOX,  President  of  the  Batik  of  the  United  S'tales. 


450 


FINANCE. 


[1810. 


nth  CONGUESS.] 


No.  327. 


[3d  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  17,  1810. 

u_.  Treasury  Department,  December  13,  1810. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  o(  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise  imported  into  the  United  States,  and  exported  theretrom,  during  the  years  1807,  1808,  and  1809. 

I  have  the  honor  to  be.  very  respecttuUy,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives  of  the  United  States. 


Ji  Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  in 
the  years  1807,  1808,  and  1809,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN  THE  TEAK   1807. 

IN   TUE  TEAn  1808. 

IN  THE  TEAK   1809. 

SPECIES   OF  MEItCHA^SDISE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  VlerchanJise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Paving  a  duty  of  15  pei-  cent,  ad  vaU 
Do               17A           do 

608,425 

1,312,557 

2,763,110 

71,967 

3,522,184 

506,770 

1,906,295 

233,960 

469,954 

7,667 

939,667 

78,809 

Do               22i           do 

133,147 

13,757 

15,260 

258 

73,363 

1,957 

Wines,  Madeira,        -            -             ~ 

178,466 

34,530 

61,275 

7,029 

174,290 

10,435 

Burgundy  and  Champaigne,  - 
Slieny  and  St.  Lucar, 
Claret,            -             -             ~ 

5,873 

904 

453 

114 

112 

17 

143,447 

17,568 

106,492 

150 

137,543 

1,846 

70,651 

37,359 

9,022 

1,168 

795 

9,071 

Lisbon,  Oporto,  Uc.  - 
Teneriffe,  Fayal,  Stc.               - 

173,918 

6,921 

24,478 

153 

66,733 

3,879 

154,331 

36,020 

79,560 

3,848 

148,153 

9,850 

All  otlicr,      -             -             - 

980,818 

705,390 

179,747 

41,896 

20,763 

120,217 

Spirits,  distilled  from  grain,    - 
Do    from  otlier  materials. 

344,181 
2,792,001 

50,936 
401,357 

61,024 
1,306,455 

2,078 
lo,olo 

27,944 
1,390,970 

2,066 
68,918 

Do    from  domestic  produce,  - 

13 

- 

- 

— 

80 

Molasses,      —             ~             ~             ~ 

415,358 

1,225 

325,899 

- 

274,982 

1,941 

Beer,  Ale,  and  Porter, 

17,747 

2,517 

1,356 

- 

4,816 

625 

Tea,  Boliea,                 -             -             ~ 

190,613 

1,499 

77,065 

- 

15,574 

6,700 

Souchong,           -             -             - 
Hyson,  -              -             -             - 
Other  Green,     -             -            ~ 

396,820 

135,689 

288,622 

1,017 

37,054 

182,791 

429,109 

119,834 

257,978 

889 

129,937 

106,625 

610,099 

145,651 

352,322 

726 

150,406 

67,338 

Coffee,          -             -             -            - 

2,865,818 

2,150,843 

1,606,385 

26,661 

1,936,508 

1,480,297 

Cocoa,           -             -             ~            ~ 

185,191 

157,033 

21,196 

- 

29,053 

51,366 

Chocolate,     —             —             —             "■ 

109 

21 

32 

- 

50 

Sugar,  Brown,            -             -             - 
White  Clayed, 

4,221,561 

2,691,284 

1,686,962 

55,647 

1,285,422 

735,144 

1,406,390 

1,065,804 

602,105 

7,707 

429,580 

614,456 

Loaf  and  Candy,          - 

.3,506 

4 

347 

- 

129 

93 

Other  refined, 

12,108 

- 

2,456 

— 

31 

2,122 

Almonds,       -            -            ~             ~ 

15,271 

3,907 

4,602 

809 

4,841 

1,420 

Currants,       -             —             ~             ~ 

8,394 

1,897 

691 

113 

1,620 

Prunes  and  Plums,     -            -            - 

1,948 

472 

600 

13 

845 

33 

Figs,              -             -             -             - 
Raisins,  in  jars  and  boxes,      - 

Do     all  (ither,        -            -            - 

2,631 

791 

1,600 

- 

3,550 

10,227 

2,771 

11,986 

82 

26,054 

715 

23,983 

4,197 

14,184 

145 

39,877 

568 

Candles,  'I'ullow,       -             -             - 

9,391 

6,136 

1,025 

181 

29 

2,240 

^Vax,          -           -           - 

415 

84 

197 

- 

42 

134 

Cheese,         -             -             -            - 

55,544 

43,435 

5,065 

720 

1,766 

10,046 

Soap,             -             -             -            - 

34,164 

30,288 

7,001 

630 

1,621 

7,209 

Tallow,          -             -             -            - 

24,513 

1,816 

4,344 

- 

576 

5,413 

Spices,  Mace,             _             _             _ 
Nutmegs,      _            _             - 
Cinnamon,     -             -             - 

5,889 

4,141 

1,393 

- 

3,142 

4,388 

2,873 

4,073 

4,849 

- 

24,199 

2.018 

1,797 

1,492 

1 

110 

349 

Cloves, 

9,411 

10,916 

5,942 

- 

10,284 

4,188 

Pepper, 

249,520 

209,806 

266,279 

21,144 

286,065 

.->  z;  n    .T 1  r» 

Pimento, 

45,271 

28,473 

11,768 

- 

14,532 

673 

Chinese  Cassia, 

7,261 

4,589 

9,568 

- 

3,618 

7,453 

Tobacco,       _            -            -            - 

330 

365 

125 

- 

Snuff,            -             -             ~ 

6,797 

5,017 

1,181 

- 

199 

656 

Indigo,           -             -            - 
Cotton,          _            -             -             - 

232,141 

185,186 

235,999 

497 

24,855 

117,497 

110,465 

107,388 

101,647 

279 

12,558 

87,807 

Powder,  Hair,             _             _            _ 

294 

19 

112 

- 

5 

37 

Gun,             _             _            _ 

9,685 

1,520 

4,653 

- 

3,274 

487 

Starch,           -            -            -            - 

576 

- 

1 

- 

43 

Glue,              -            ~_           ~ 

2,812 

5 

556 

- 

2,377 

Pewter  Plates  and  Dishes,     - 

2,106 

- 

324 

- 

852 

Anchors  and  Slieet  Iron, 

13,046 

275 

4,906 

- 

12,414 

Hoop  and  Slit  Iron, 

Nails,              -             -             -             - 

10,641 

2.153 

3,978 

- 

3,960 

1,654 

85,123 

22,600 

4,658 

1,474 

29,328 

8,429 

Spikes,          -            -            -            - 
Quicksilver,  -             -            -            - 

2,860 

9 

8 

- 

1,819 

43 

1,409 

2,349 

619 

- 

763 

125 

Paints,  Ochre,  Yellow,  in  Oil, 

390 

38 

24 

- 

145 

Dry  Yellow,  -            -            - 
Spanish  Brown, 

2,176 

148 

702 

- 

526 

7,650 

86 

2,945 

- 

12,345 

165 

White  and  Red  Lead, 

50,617 

384 

35,660 

- 

60,445 

86 

1810.] 


BANK   OF   THE   UNITED   STATES. 


451 


STATEMENT-Continued. 


ly  THE  TEAR   1807. 

IN  THE  TEAR    1808. 

IN  THE  YEAR   1809. 

8PE«IES  or  MERCHANDISE. 

1         Duties 
j       receive'l. 

Drawback, 
payable. 

DiUies 
received. 

Drawback 
payable. 

Duties 
received. 

Drawback 
payable. 

Lead,  and  maiuifactures  of,     -             - 
Seines,           _             _             -             _ 
Cordage,  Tarred,       -              -             _ 

Do.       Untarred,    -             -             - 
Cables,           _              -              _              _ 
Steel,              _              _             -              _ 
Hem|>,            _              _              _             _ 
Untarred  Yam,           -              -             _ 
Twine  and  Pack-thread, 
Glauber  Salts,             _              _              _ 
Salt,                _             _             _             . 
Coal,               _              _             _              - 
Fish,  Dried,  -             -             -             - 
Pickled,  Salmcni, 
Mackerel,            _             _              _ 
All  other,            -             _              _ 
Glass,  Black  Quart  Bottles,  - 

Window,           -              _              _ 
Cigar.s,           _             _              _              _ 
Lime,              _             _              _              - 
IJoots,               -               -    _            - 
Shoes  and  Slippers  of  Silk,                    - 

Do.   all  other,         _              _              _ 
Cards,  Playing,            _             _             _ 

Dollars, 

23,305 

361 

19,941 

1,846 

1,676 

13,231 

132,389 

5 

14,387 

287 

731,503 

28,874 

88,043 

7,869 

7,500 

5,470 

12,214 

42,734 

59,812 

66 

2,096 

18,434 

2,205 

1,964 

Dollars. 
3,112 

8,707 

229 

2,427 

10 

751 

19,689 
153 

2,807 

405 

4,581 

91 

9,123 

1,132 

485 

Dollars. 

20,241 

7 

46 

386 

7,264 
5,932 

4,499 

11 

6,017 

7.164 

10,944 

100 

737 

373 

1,649 

7,234 

32,454 

1 

547 

1,446 

1,872 

1,045 

Dollars. 
401 

215 

113 

73 
109 

Dollars. 

11,414 

88 

932 

316 

338 

14,839 

17,183 

3,016 

169 

43 

18,410 

4,710 

1,204 

2,639 

1,363 

4,700 

45,854 

44,956 

23 

441 

275 

791 

388 

Dollars. 
1,898 

2,491 
8 

178 
1,954 

697 

54 

670 

284 

6,224 

127 

1,197 

696 

Dollars, 

26,709,833 

10,067,191 

11,158,617 

249,396 

11,559,185 

4,706,608 

Treasury  Department,  liegister's  Office,  December  6,    1810. 


JOSEPH  NOURSE,  Register. 


11th  CONGRF.SS.  ] 


No.  328. 


BANK    OF  THE    UNITED    STATES. 


[3dS 


F.SSION. 


COMMUNICATED   TO    THF:    SE.NATE,    DEC.    18,    1810. 

To  the  Senate  and  House  of  Representatives  of  the  United  States  of  .America,  in  Congress  assembled,  the  vie- 
morial  of  the  SlockhoLlers  of  the  Bank  of  the  United  States,  respectfully  showeth: 

Tliat,  by  an  act  of  Congress,  passed  on  the  35th  of  February,  1791,  the  subscribers  to  the  capital  stock  of  tlie 
Bank  ol  tiie  United  Siates,  their  successors  and  assigns,  were  incorporated  for  a  term  of  years,  m  hicli  will  expire 
on  the  4th  day  of  Marcii  next. 

Aware  of  the  evils  wliicli  must  result  from  the  sudden  termination  of  flie  operations  of  an  institution,  intimately 
and  extensively  connected  wiih  the  commercial  interests  of  tiie  nation,  with  the  public  credit,  and  tiie  fiscal  con- 
cerns of  the  Government,  your  memorialists  submitted  to  the  tenth  Congress,  an  application  for  the  extension  of 
their  charter.  The  wisdom  of  Congress  having,  hitherto,  declined  a  decision  upon  the  subject,  it  becomes  the  duty 
of  your  memorialists  ag.iin  to  submit  it  to  the  legislative  ci;nsiderati(Ui,  and  to  repeat  their  prayer,  that  the  charter 
of  incorporation  uixler  which  they  have  hilherlo  existed,  may  be  renewed. 

Had  your  memori.ilists  consulted  merely  tlieii- own  convenience  and  security,  under  the  uncertainty  in  which 
the  success  of  their  application  has  siiice  that  time  remained,  prudence  would  have  required  them  gradually  to  call 
in  their  funds,  as  a  measure  of  precaution,  in  case  of  a  diss  ilution.  But,  considerations  of  public  utility,  which  have 
always  influenced  the  conduct  of  this  institution,  and  a  bei.ef  that  the  general  interest  retiuired,  and  would,  there- 
fore, obtain  a  continuance  of  its  incoip)ratii)ii,  have  postpt)ned  the  adoption  of  a  measure,  in  whatever  manner  efliect- 
ed,  productive,  as  they  apprehend,  of  great  public  as  well  as  private  distress. 

The  superior  information  of  the  Legislature,  renders  it  unnecessary  for  your  memorialists  to  detail  the  general 
benefits  of  bunking  institulions.  The  experience  and  the  piactice  of  all  nations,  in  modern  times,  sufficiently  prove 
theii-  utility  to  trade,  their  aid  in  the  management  of  the  national  revenues,  and  their  necessity  in  times  of"  public 
emergency  and  general  calamity.  In  no  country  have  ihese  benefits  been  more  forcibly  exemplified,  or  more  fully 
experienced,  than  in  the  United  States.  The  truth  of  this  remark,  is  obvious  in  the  amount  of  the  productive  capita"; 
of  the  country,  above  the  (piainity  of  the  precious  inetaU,  in  the  rapid  advancement  of  agriculture,  manufacture-. 
and  commerce,  the  solidity  of  private  as  well  as  public  credit,  the  ease  with  whicii  the  moneyed  operations  of  the 
Government,  of  societies,  and  ol  individuals,  to  an  immense  amount  are  carried  on;  the  accumulation  of  wealtli,  and 
the  general  prosperity  oi  the  nation.  It  is  not  intend)  d  io  suggest,  that  the  crcati(Mi  of  banks  has,ol  itselt.  produced 
these  etl'>,'cts;  the  activity,  energy,  and  enterprise  of  the  people,  under  the  protection  of  a  wise  and  able  Govern- 
ment, have  co-operated  in  their  production;  but,  with. iiit  die  augmentation  of  the  active  capital  of  the  country,  and 
the  other  tacilitiesto  business  produced  by  banking  inslitutuuis,  that  activity,  energy,  and  entrprise,  would  have  but 
feebly  operated.  That  thepublic  opinion,  the  correct  arbiter  of  the  public  inieiest,  coincides  with  that  of  your  memo- 
rialists, is  evidenced  by  the  jiistitutum  and  the  increase  of  banks  in  every  State  of  the  Union. 

In  producing  these  beneficial  eftects,  your  inemDrialists  reflect  with  pleasure,  that  the  Bank  of  the  United  States 
has  cantributed  in  an  eminent  degree,  its  early  institution,  its  extensive  and  combined  operaiions,  and  the  weigiit 
of  its  capital,  at  the  .same  time  that  they  att'orded  it  the  opportunity  of  being  acquainted  with  the  trading  interests  of 
the  Union,  gave  it,  also,  the  means  of  essentially  advancing  them,  while  its  disposition  to  do  so  has  always  kept  pace 


452  FINANCE.  [1810. 


Z 


v/it!i  its  abllify.  Not  restricted  to  any  particular  district,  it  has  acted  as  the  general  guardian  of  commercial  cre- 
dit, aiul  by  preventing  the  balance  of  trade  in  the  different  States  from  producing  a  dehciency  of  money  in  anj;,  has 
obviated  the  mischiefs  which  would  have  been  thereby  produced.  It  has  fostered  and  protected  the  banking  insti- 
tutions of  the  States,  and  has  aided  them,  when  unexpectedly  pressed;  its  disposition  towards  them  is  manifested  in 
the  quantum  of  its  capital,  of  which  they  have  generally  had  the  use,  not  much  less  in  amount  than  one  tenth  of  the 

whole.  .  .  1        •  II        I    ■ 

In  its  accomodations  to  individuals  it  has  been  liberal,  but,  at  the  same  time,  discreet,  with  a  view  as  well  to  their 
safety  as  its  own.  IJy  means  of  it,  the  merchant,  and  the  manufacturer,  have  been  enabled  to  push  their  operations 
to  an  extent  tar  exceeding  what  would  have  been  practicable  without  it;  judicious  and  prudent  enterprise  has  been 
encouraged,  rash  and  prodigal  atlventure  lias  been  discountenanced,  and  a  sufficient  fund  being  provided,  from 
whicii  reasonable  loans  could  be  obtained,  usury  has  been  prevented,  and  usurious  lenders  repressed. 

Its  importance  in  the  administration  of  tlie  finances,  and  its  utility  in  the  operations  connected  witli  the  public 
credit,  have  been  fully  established. 

It  has  afforded  a  place  of  deposite  for  the  public  moneys,  without  expense,  and  without  hazard  to  the  Government. 
It  has  aided  in  the  collection  of  the  revenue,  by  introducing  a  punctuality  in  the  payment  of  duties,  otherwise 
unattainable,  and  by  accommodating  v/ith  loans,  those  who  had  such  payments  to   make;  thereby   assuming  upon 
itself  the  risk,  which  otherwise  had  been  borne  by  the  Government. 

It  has,  at  all  times,  upon  its  own  responsibility,  and  at  its  own  expense,  transmitted  the  public  moneys  from  one 
part  of  the  Union  to  another,  so  as  to  meet  the  exigencies  of  the  Government,  and,  from  the  surplus  revenue  of  one 
place,  to  supply  (he  deficiency  of  another.  By  this  means  the  Government  has  always  been  enabled,  with  conveni- 
ence, to  pay  the  interest  on  the  public  debt,  and  to  meet  its  other  demands,  at  such  places  as  its  engagements  re- 
[uiied ;  an  operation  which,  without  such  an  aid,  would  have  been  productive  of  trouble,  hazard,  and  expense  to  the 
government,  and  would  still  have  been  liable  to  disappointment. 

It  has,  by  its  loans,  enabled  the  Government  to  comply  punctually  with  its  engagements,  when  deficiencies  or 
delays  have  occurred  in  the  revenue,  and  has  thus  enabled  it  to  maintain  inviolate  the  public  faith  and  credit,  both 
at  home  and  abroad.  There  have  been  periods  when  the  nation  found  it  necessary  to  borrow  largely  from  this  in- 
stitution, and,  at  one  time,  had  upon  loan  considerably  more  than  three-fourth  parts  of  its  active  capital. 

It  has,  for  the  accommodation  of  the  Government,  established  branches  at  places  disadvantageous  to  its  business, 
and  from  which  no  profit  was  expected  to  be  derived. 

Most  (.f  these  operations  have"  been  attended  with  inconvenience,  and  with  expense  to  the  bank,  but  they  have 
always  been  oerfonned  with  alacrity  and  cheertulness. 

\Vhilc  your  memm-ialists  thus  recount  the  aids  they  have  afforded,  they  feel  no  disposition  to  forget  the  advan- 
tages they  have  received  from  the  Government  in  return.  The  support  which  it  has  given  to  the  bank,  and  the 
confidence  which  it  has  reposed  in  it.  founded  upon  a  knowledge  of  its  management  and  condition,  have  conferred 
upon  it  a  stability,  a  dignity,  and  a  splendor  which  have  preserved  its  credit  from  suspicion,  and  have  secured  to  it 
the  confidence  of  Europe,  as  well  as  America. 

Thus,  mutually  aidin";  and  aided  by  the  Government,  has  the  Bank  of  the  United  States,  ior  twenty  years,  con- 
tinued its  operations,  and  during  that  time,  has  obtained  the  general  acknowledgment  that  its  affairs  have  been  con- 
ducted with  honor  and  dignity,  with  impartiality  and  candor,  with  liberality  and  prudence. 

To  the  original  motives  for  the  institution  of  this  bank,  the  success  of  experiment  is  no\y  added,  and  with  the 
existing  proofs  of  its  uses  and  its  services,  every  c(Uisideration  of  policy  and  of  justice,  urge  its  continuance.  Inde- 
pendent of  the  positive  evils  its  dissolution  vvould  produce  to  the  community,  the  Government  would  at  least  be 
depriveil  of  those  advantages  it  lias  hitherto  derived  from  its  existence,  unless  they  could  be  supplied  from  some 
other  quarter,  either  by  the  banks  established  by  the  several  States,  or  by  a  bank  upon  a  foundation  altogether  new. 
As  to  the  State  banks,  your  memorialists  are  fully  sensible  of  the  benefits  resulting  from  their  establishment,  and  of 
their  sufiieiency  for  the  purposes  of  their  institution,  the  local  accommodation  of  the  places  ui  which  they  exist. 
Buv  their  capitals  are  by  no  means  adequate  to  the  demands  of  the  General  Government,  in  a  time  of  emergency; 
a  tune  when  the  ordinary  claims  of  their  own  State  Governments,  and  of  tlieir  own  particular  customers,  would  be 
increased  aiid  entitled  to  preference.  Neither  could  the  transmission  of  the  public  moneys,  from  one  quarter  of  the 
Union  to  another,  be  effected  with  sufficient  ease  and  di;-patch.  or  to  the  requisite  extent,  by  banks  of  limited 
capital,  having  no  connexion  with,  nor  direction  over,  each  other. 

Nor  would  it  be  prudent  in  the  Government,  to  trust  the  deposite  of  its  funds,  to  the  extent  to  which  they  some- 
times exl;-t  in  a  variety  of  in>litutions,  united  by  no  common  bond,  and  in  no  degree  responsible  for  each  other;  over 
whose  conduct  the  Genera!  Government  could  have  no  contnil,  into  whose  management  and  condition  it  could  not 
legally  inquire,  and  which  those  institutions,  even  if  disposed,  could  not  legally  communicate.  Independent  of  the 
hazarii  {  •■  which  the  public  moneys  might  be  subjected  by  mismanagement,  a  powei-  would  be  placed  in  hands,  which, 
from  want  of  responsibility,  and  want  of  control,  might  be  used  to  injurious  purposes. 

in  addition,  the  dignity  of  the  Government  seems  to  require  its  fiscal  operations  to  be  conducted  through  the  me- 
dium of  an  institution  organized  by  itself,  of  whose  ability  to  answer  all  tlie  purposes  of  revenue  and  public  credit, 
no  doubt  can  exist;  of  whose  situation  and  proceedings  a  competent  knowledge  can  be  had;  over  whose  conduct  a 
sufficient  degree  of  control  to  prevent  wilful  misconduct  should  exist,  and  upon  whose  disposition  to  assist  the 
Government  in  times  of  exigency,  reliance  may  be  confidently  placed.  Such  an  institution  is  the  Bank  of  the 
United  States,  and  such  it  will  remain,  if  continued  in  its  present  form.  Tlie  amount  of  its  capital  gives  it  sufficient 
power;  its  situation  is  periodically  communicated  to  the  Treasury  Department:  over  its  proceedings  the  Govern- 
ment possesses  a  powerful  control,  by  the  extent  of  its  deposites:  of  its  disposition  to  yield  every  legitimate  assis- 
tance to  the  Government,  it  has  given  the  strongest  evidences,  and  to  ensure  the  continuance  of  this  <lisposition,  its 
interest  and  its  duty  combine. 

If  a  National  Bank  be  thus  conducive  to  the  interests  of  the  community,  and  of  importance  to  the  Government, 
no  e.bvious  motive  suggests  itself  to  your  memorialists  against  the  continuance  of  the  present  bank.  At  any  time,  and 
especially  at  the  present,  v>'hen  so  large  a  portion  of  American  property  remains  unproiluctive  in  Europe,  so  great 
a  reduction  in  the  amount  of  the  active  capital  of  the  country  as  the  ilissolutiqn  of  the  bank  would  occasion,  must  be 
attended  with  great  and  geneial  injury,  from  the  depreciation  in  the  value  of  property,  the  stagnation  of  business, 
and  the  check  to  commercial  enterprise,  which  would  residt  from  it.  And  in  stopping  the  operations  of  such  an 
engine,  one  of  two  c(jnsequences  must  be  produced,  either  that  in  discharging  the  debts  due  to  the  bank,  great  sacri- 
fices mast  be  made,  and  every  resource  of  the  merchant  drained,  or,  in  the  failure  to  pay  them,  an  irreparable  blow 
must  be  given  to  commercial  credit  and  punctuality. 

Nor  is  it  easy  to  calculate  the  etfects,  which  the  destruction  of  the  bank  would  produce  in  the  loss  it  would  occa- 
sion to  the  public  revenue,  to  charitable  institutions,  widows,  children,  and  others,  interested  in  the  stock;  from  the 
pressure  to  which  the  other  banks  must  be  inevitably  subjected,  from  the  want  of  confidence  it  would  create  in  the 
stability  of  our  institutions,  and  from  the  general  derangement  ot  credit. 

Under  these  views  fiud  impressions,  your  memorialists  solicit  the  renewal  of  their  charter;  and  upon  the  wis- 
dom and  justice  of  the  Legislature,  and  its  regard  for  the  rights  and  interests  of  its  citizens,  they  rely  for  its  con- 


cession. 


Signed  on  behalf  of  the  stockholders. 

DAVID  LENOX,  President. 
Philadelphia,  December  10,  1810. 


1810.]  BANK    OF    THE    UNITED    STATES.  453 


nth  Congress.]  ^q^    309.  [;!,I  8f 


BANK    OF     THK    UNITED    STATE.^. 

rOMMIIMCATEI)     ro    THE    .SENATE,    DKCEMIiKR    01,     1810. 

To  the  Senate  and  House  of  RrprcscnUttivcs  in  Congress  of  the  United  Stales,  the  tncnwriul  of  the  subscribers, 

erec  of  Philadelphia,  respccifidhj  represents: 


jnembers  of  the  Chamber  of  Comnien 


That  your  iiieinorialists  regard,  with  interest  and  concern,  the  approach  of  tliat  period  at  wliich  the  cliarter  of 
the  Bank  of  the  United  States  will  expire?  and  that,  from  an  intimacy  with  tiie  inslitution,  and  an  inunediate  know- 
ledge of  its  direction;  iVoni  a  view  of  the  interests  phiinly  interwoven  witli  its  existence,  and  an  anticipation  of  the 
ruin  which  must  follow  its  dissolution,  tli-jy  are  induced,  oa  this  occasion,  to  address  you. 

Your  memorialists,  in  presenting  to  your  view  such  considerations  as  tliey  deem  to  be  urgent  for  a  renewal  of 
the  charter  of  the  Bank  o!  the  United  St;ties,  design  to  confine  themselves  to  such  lacts,  ciicums!ances.  and  im- 
pressions, as  are  immediately  within  tiieir  own  ex|)erience  ami  observation.  They  are  sensible  that  it  would  be  un- 
necessary to  urge  upon  your  consideratioii  any  iutiucemenl  for  the  continuance  oi'  t!ie  bank,  which  may  be  drawn 
from  its  convenience  and  aptitude  to  the  financial  operations  of  the  Government;  nor  do  they  di'em  it  piojier  to  ob- 
trude upon  your  deliber.itions  aiguments  in  fivor  of  the  constitutiotia!  existence  of  an  institution,  whicli,  for  twenty 
years,  has  had  the  support  of  legislative  and  Judicial  sanction,  and  the  express  respect  of  our  united  confederacy. 
They  are  aware  that  tliese  points  are  of  the  fir.st  importance,  and  that  they,  with  every  other  national  consideration 
connected  with  the  question  of  renewal,  will  command  your  pointed  attention:  their  views  siui|)ly  are,  to  |)resent 
before  you  such  facts,  connected  with  the  interest  of  the  citizen,  and  the  well-being  of  the  community,  a.-,  in  their 
conception,  lay  the  foundation  for  practical  reasoning  in  fa\or  of  a  prolongatioti  of  the  charter. 

The  Bank  of  the  Utiited  States  derives  its  existence  from  an  act  of  Congress,  passed  in  February,  1791,  coeval 
with  the  organization  of  the  Government,  and  its  aiTangement  of  the  system  of  revenue  and  finance;  it  had  iis 
origin,  not  from  individual  solicitation,  interest,  or  speculation,  but  directly  from  the  Government  itseif,and  avowedly 
for  its  purposes.  By  tl;e  striking  declaration  of  its  charter,  that  "a  Bank  of  the  United  States  shall  be  established," 
and  the  still  more  striking  provisions  which  it  contains,  in  relation  to  the  payment  of  three-fourths  of  its  capital  in 
the  public  debt;  to  the  inspection  of  its  accounts  and  transactions,  by  the  officer  at  tlie  head  of  the  treasury;  to  the 
receipt  of  its  bdls,  or  notes,  in  all  payments  to  the  United  States;  to  its  loans  to  the  Government  of  a  lenticular 
State,  or  a  foreign  Prince;  by  a  direct  investment  of  interest  on  behalf  of  the  nation,  to  the  extent  of  one-fifth  of  its 
capital;  and  by  a  positive  pledge  of  the  taith  of  Government,  for  its  exclusive  existence  under  tlie  laws  oi'  tlie  1 'nited 
States,  were  impressed  upon  it  the  most  unquestionable  features  of  national  character,  and  lasting  continuance. 
From  its  origin,  its  form,  and  its  principles,  its  duration  has  been  confidently  trusted  to,  in  the  purchase  of  itsslock^ 
in  the  establishment  of  similar  institutions,  and  in  the  extension  of  commercial  enterprise. 

In  the  purchase  of  its  stock,  your  memorialists  regarti,  within  the  immediate  sphere  of  their  connexion  and  ob- 
servation, an  interest,  to  the  amount  of  one  million  oi  dollars,  in  the  citizens  of  Pennsylvania.  This  interest,  ex- 
teiidingto  the  proportion  of  one-tenth  part  of  the  capital  ol'the  bank,  and,  as  is  stated,  to  one-third  part  of  the  s'tock 
holden  in  the  United  States,  has  been  principally  itivested  at  an  advance  upon  the  original  subscription,  whicli  has 
been  paid  from  faidi  in  the  management,  and  confidence  in  the  duration  of  the  institutioti.  This  interest,  in  a  lar^c 
proportion,  also,  it  may  be  truly  stated,  is  the  property  and  dependence,  invested  upon  a  principle  of  security  aiid 
confidence,  of  widows,  orphans,  and  charitable  associations.  To  stockholders  ol'  this  description,  the  dissolution  of 
the  bank  must  inevitably  produce  a  loss  of  income  and  interest,  to  v.hich  they  look  for  support,  and  of  capital,  to 
an  extent  which  no  calculation  can  ascertain.  And  your  memorialists  cannot  but  think,  that  a  sacrifice  of  interest 
of  such  a  description  can  never  be  required,  and  will  never  be  made,  but  to  answer  national  purposes  the  most 
important. 

To  the  extent  of  nearly  seven  millions,  your  memorialists  understand,  the  stock  of  the  bank  to  be  holden  by 
foreigners,  or  persons  not  residing  within  the  United  St:ites.  That  tliere  has  existed  no  objection,  either  of  |)olicy, 
or  propriety,  on  the  part  of  the  Government,  to  the  holding  of  this  stock  by  aliens,  is  evinced  by  the  cliarter's  con- 
taining no  prohibition,  and  by  the  recent  sale,  directly  to  fineigners,  of  that  portion  of  the  stock  liolden  bv  the 
United  Slates.  That  this  extensive  interest  has  been  invested  from  a  firm  reliance  upon  the  continuance  of  the 
bank,  cannot  be  doubted;^  with  what  propriety,  and  upon  wliat  foundation,  that  reliance  has  been  placed,  your  me- 
morialists do  not  undertake  to  decide,  but  content  themselves  with  expressing  their  confidence,  tiiat  your  wisdom 
and  justice  will  scrupulously  guard  the  iaith  of  the  Government  from  every  impu'.ation. 

In  the  establishment  of  similar  institutions  under  the  sanction  of  the  ditfereiit  State  governments,  your  memo- 
^ia^i^ts  conceive  that  there  has  been  displayed  a  reliance  upon  the  continuance  of  the  Bank  of  the  Uilited  States. 
In  all  parts  of  tl;e  Union,  where  this  bank  or  its  branches  exist,  other  banking  associations  have  been  established^ 
the  interest  and  C(mcerns  of  whicli  are  materially  interwoven  with  the  exisieiice  of  the  National  Bank,  in  the  city 
of  Philadelphia,  the  capital  of  the  banks,  exclusive  of  that  of  the  Bank  of  the  United  Srates,  amounts  to  nearly  six 
millions  of  dollars,  in  which  the  State  of  Pennsylvania  has  an  interest  to  the  amount  ol  neaily  two  millions  ol  dol- 
lais,  and  citi7_ens  of  tlie  State  to  almost  tlie  whole  of  tlie  resulue. 

_  From  the  collection  of  the  bonds  for  duties,  at  tiie  Bank  of  tiie  United  State-:,  it  unavoidably  results,  that  there 
is  in  that  bank  a  great  anil  constant  accumulation  of  the  paper  of  the  other  banks.  This  cause,  combined  w'itii  its 
weight  of  capital  and  extensive  deposites,  has  given  to  the  Bank  of  the  United  States  an  obvious  importance  in  tlie 
coniiexion  -.vitli  other  banks,  which  now  renders  its  continuance  almost  indispensable  to  their  safetv;  for.  your  me" 
morialists  are  without  fear  cf  contnidiction  when  they  assert,  that,  if  the  i3ank  of  the  United  .States  be  'dissolved, 
an  effect,  extensively  and  deeply  injari.ius,  will  be  leic  by  all  other  banking  iiistiluti(uis  within  the  ran-^e  of  its 
operations,  in  their  appreiiension,  it  is  impossible  tliat  tlie  Bank  of  the  United  States  should  exact  pavim.*it  from 
its  debtors,  and  close  its  concerns,  witiiout  its  produciiig  all  the  evils  of  prostrated  credit,  anti  general  delinq-iency. 
In  these  evils  the  other  banks  must  largely  share,  and  from  them  must  most  severely  suffer. 

Your  memorialists,  on  this  point,  submit  to  your  c'nsitleration.  that  neither  the  individuals,  who  have  finis  ex- 
tensively embarked  their  interests  in  other  institutions,  nor  the  Governments  which  haxe  brou°-ht  them  into  bein°- 
and  made  them  the  depositories  of  the  public  wealth,  could  have  ever  contemplateil  tiieir  exposiue  to  this  incidental 
injury,  or,  perhaps  destruction,  by  the  dissolution  of  the  National  Bank;  aiul  even  if  such  an  exposure  mi'^Jit  have 
been  contemplated,  the  e\-ent  could  only  be  anticipated  t^)  proceed  from  tiie  most  pressing  public  exigency,  or  a.  .-^'ure 
calculation  of  the  greatest  public  gain. 

In  tlie  extension  of  commercial  enterprise,  your  memoriarsts  present  to  your  view,  further  and  stronger  e\  ii'ence 
of  reliance  upon  the  continuance  of  the  bank.  The  establishment  of  the  bank  may  justly  be  re^ardeil  as  the  era 
which  marks  the  rise  of  commeic:al  credit,  confidence,  and  enterprise.  A  recurrence  to  the  state~of  our  countiy, 
antecedently  to  this  establishment,  will  ^how  the  trutii  of  the  remark,  anil  leave  no  doubt  upon  the  mind,  as  to  the 
instrumentality  of  the  bank  in  effecting  the  change.  The  formation  of  the  bank  called  into  circulaHon  a  mass  of 
torpid  wealth,  opened  large  and  liberal  sources  of  accommodation  to  enterprise,  and  enforced,  and  insured,  punc- 
tuality in  commercial  dealing;  the  effect  was  soon  and  sensibly  felt  by  the  commerce  and  a^iiculture  of  the  country 
and  its  salutary  character  has  been  shown,  in  the  general  diffusion  oi  confidence  and  prosperity.  No  sooner  was  the 
bank  established  upon  that  sure  foundation,  on  which  f:itli  in  its  permanence  and  direction  caused  it  to  rest,  than  its 
stock  advanced  in  value,  and  attracted  a  large  amount  of  foreign  capital  to  the  country;  from  the  introduction  of 
this  foreign  capital,  which  was  invested  at  a  high  advance,  proceeded  these  important  results:  that  the  citi'/en 
58  ft 


454  '  FINANCE.  [1810. 

'"ealized  a  gain  in  the  advance  paid  by  the  foreigner,  and  the  country  was  enabled  to  trade  upon  the  foreign  capital 
*^t  an  interest  below  its  market  value.  Other  institutions  rose  upon  the  liberated  capital  of  the  citizen,  and  a  gene- 
ral system  of  accommodation  gave  a  spring  to  enterprise;  the  merchant,  mechanic,  and  manufacturer,  whose  probity 
and  industry  inspired  confidence,  was  enabled  to  obtain  the  means  of  exertion,  and  to  extend  his  transactions.  The 
borrowers  have  calculated  with  confidence  upon  a  continuance  of  the  loan,  so  long  as  they  are  deemed  safe  for  its 
repayment,  and  have  not  anticipated  a  demand  which  may  iind  them  unprepared,  and  cost  them  a  sacrifice  of  either 
property  or  credit. 

It  is  upon  this  foundation,  that  extensive  commercial  and  manufacturing  concerns  have  arisen  in  the  country; 
and  large  investments  have  been  made  upon  the  faith  of  a  continuance  of  general  credit.  To  dissolve  the  Bank  of 
the  United  States,  is  not  only  to  check,  but  to  destroy,  this  credit,  inasmuch,  as  not  only  that  bank,  but  all  others 
at  all  connected  with  it,  must  compel  the  payment  of  their  debts.  In  such  an  event,  it  cannot  be  supposed  that  the 
debtors  could  find  adequate  resources  to  enable  them  to  meet  their  engagements;  and  an  extensive  delinquency  would 
mark  the  loss  of  the  banks,  and  the  destruction  of  credit. 

Your  memorialists  are  aware  that  it  may  be  urged,  that  the  limitation  in  the  charter  of  the  Bank  of  the  United 
States  was  a  standing  admonition  to  the  various  interests  connected  with  that  institution,  that  a  period  was  appoint- 
ed for  its  legal  existence,  which  it  could  not  reasonably  be  expected  to  pass.  From  the  existence  of  this  limitation, 
open  and  n(!torious  to  all,  it  is  argu2d,  that  no  injustice  can  arise  from  the  refusal  of  Government  to  grant  a  continu- 
ance of  privileges,  beyond  the  time  for  which  they  were  originally  conferred;  but  your  memorialists  are  confident 
that  they  speak  the  latjguage  of  general  opinion,  when  they  state,  that  the  limitation  was  designed  as  a  check,  by 
which  the  institution  might  be  controlled,  as  a  guard  against  ihe  mischiefs  of  a  defective  administration,  or  as  a 
point  of  time  when  it  might  come  to  an  end,  if  it  were  required,  by  decisive  reasons  of  public  necessity;  but  that  it 
never  was  designed,  and  never  has  been  received,  as  the  period  ot  its  dissolution,  if  its  administration  was  marked 
by  ability,  integrity,  and  impartiality,  and  its  existence  productive  of  public  good. 

To  the  administration  of  the  bank,  your  memorialists  freely  yield  the  testimony  of  their  decided  approbation; 
so  far  as  the  transactions  of  the  bank  have  been  open  to  their  observation,  its  direction  has  displayed  a  liberal  desire 
to  subserve  the  great  objects  of  the  institution,  by  diffusing,  with  impartiality,  its  accommodations  to  the  greatest 
extent,  compatible  with  its  fundamental  interests.  It  is  but  justice  to  this  direction,  further  to  add,  that  during  the 
current  year,  a  crisis  of  the  gieatest  interest  to  the  bank,  as  your  memorialists  fully  believe,  its  accommodations 
have  not  been  contracted  within  the  limits  appointed  by  sound  considerations  of  safety  and  propriety. 

How  far  the  convenience  of  the  Government  may  be  affected  by  the  dissolution,  or  by  a  material  alteration  of  the 
bank,  youi-  memorialists  do  not  undertake  to  declaie;  they  entertain,  however,  the  strongest  persuasion,  that  con 
siderations.  not  only  of  great  convenience,  but  of  necessity,  as  regards  the  interest  of  individuals,  and  the  prosperity 
of  the  community,  urge  (he  continuance  of  the  bank.  On  (his  point  your  attention  is  earnestly  solicited  to  the  ex- 
isting state  of  the  country;  its  unavoidable  reliance  upon  accommodations  from  the  banks;  the  use,  convenience, 
and  importance  of  the  Bank  of  the  United  States,  in  its  present  form,  to  the  community,  and  the  evils  which  impend 
from  its  destruction. 

In  a  view  of  the  state  of  tiie  country,  at  (he  present  moment,  as  connected  with  this  subject,  the  following  par- 
ticulars, they  trust,  will  receive  your  attention:  The  commerce  of  the  United  States,  from  a  combination  of  causes, 
has-been,  (or  a  period  of  no  inconsiderable  duration,  subject  to  great  embarrassments.  During  the  current  year,  this 
embarrassment  has  been  much  increased,  and  the  merchant  is  laboring  under  the  pressure  of  a  heavy  sequestration 
of  property  abroad,  and  a  failure  of  resources  at  home.  01  the  property  which  is  sequestered,  a  large  proportion  had 
long  lain  unproductively  on  the  merchants'  hands,  and  was  exported  with  (he  hope  of  being  converted  into  the  means 
by  which  his  engagements  might  be  met.  Under  such  circumstances,  the  reliance  of  many  is  necessarily  upon  a 
temporary  use  of  the  capital  found  in  the  banks,  to  which  tliey  have  confidently  trusted,  as  a  resource,  whilst  their 
credit  shall  continue,  and  until  their  property  shall  be  relieved. 

In  the  current  year  the  expoitation  ot  specie  from  tlie  United  States  has  been  to  its  accustomed  extent,  and  the 
importation  has  been  inconsiderable  in  amount.  This  circumstance  has,  of  course,  tended  to  increase  the  embar- 
rassment of  the  merchant,  inasmuch  as  it  has  necessarily  contracted  his  accommodations.  From  these  causes  it  has 
resulted,  that  the  demand  for  money  is  uncommonly  great,  and  (he  means  for  supplying  that  demand  are  unusually 
limited.  .      .   '  . 

In  this  state  of  things,  the  mercantile  part  of  the  country,  sees  before  it,  in  (he  coming  year,  an  extraordinary 
amount  of  debt  to  (he  United  States,  for  duties,  a  large  proportion  of  which,  is  payable  upon  goods  that  have  hitherto 
been  unproductive;  and  it  anticipates  the  piivation  ot  tiiat  aid,  which  the  bank  has  always  been  accustomed  to  give 
towards  the  payment  of  (he  Custom  House  bonds.  In  addition  to  this,  with  (he  expiradon  of  (he  charter  of  the 
Bank  of  (he  United  States,  it  sees  a  suspension  of  the  circulation  of  filteen  millions  of  dollars,  the  stated  amount  of 
its  ordinary  accommodations.  It  sees  an  accumulation  of  the  precious  metals  in  the  bank,  to  the  amount  of  its 
capital;  it  sees  seven  millions  of  (hat  capital  withdrawn  from  (he  coun(ry;  and  it  sees,  that  payment  of  duties  can  no 
longer  be  made  to  (he  Government  in  the  notes  of  the  National  Bank,  but  that  payment  must  be  made  in  specie. 
With  this  prospect,  and  (he  additional  cer(ain(y,  (hat  accommodation  and  confidence  will  be  universally  succeeded 
by  exaction  and  distrust,  your  memorialists  are  persuacled,  that  it  will  be  in  vain  for  individuals,  for  the  chartered 
institutions,  or  the  Government  itself,  to  expect  the  fulfilment  of  engagements,  or  to  rely  upon  the  performance  of 
contracts. 

To  the  minds  of  your  memorialists,  the  Bank  of  the  United  States,  in  its  present  form,  presents  a  striking 
character  for  its  use,  convenience,  and  importance  to  (he  comnuiniiy.  In  addition  to  the  various  points  of  view  in 
which  its  value  has  been  already  considered,  its  uses  are  further  to  be  regarded,  in  its  affording  a  convenient  and 
safe  medium  of  circulation  throughout  the  United  S(ates;and  in  the  ficilities  which  it  grants,  by  means  of  its  drafts, 
in  the  transposition  of  funds  f.om  one  part  of  (he  country  to  another,  with  perfect  securi(y.  In  a  nadonal  and  indi- 
vidual point  of  view,  i(s  utility  is  also  displayed,  in  havingand  exercising,  by  means  of  its  peculiar  connexion  of 
several  branches  in  one  common  interest,  the  power  of  guarding  against  the  inconvenience  and  evil,  which  might 
result  from  the  balance  of  trade  between  tlifferent  parts  of  (he  Union,  producing  a  local  deficiency  of  (he  circulating 
medium.  But,  above  all,  your  memorialists  regard  asines(imable,  an  instilu(ion  which,  in  its  ample  resources,  pos- 
sesses the  power,  and  in  (he  independent  and  liberal  spirit  of  its  direction,  manitests  the  will,  effectually  to  aid  both 
Government  and  the  private  citizen,  in  a  case  of  sudden  and  serious  emergency. 

To  predict,  with  certainty,  the  extent  of  the  evils  which  must  inevitably  flow  from  a  dissolution  of  the  bank,  is 
beyond  the  power  of  your  memorialists.  They  conceive  that,  among  these  evils,  however,  may  certainly  be  placed 
an  extensive  and  aggravadng  loss,  by  all  persons  in(eres(ed  in  (he  banking  associadons  of  (he  country,  a  destructive 
disregard  of  punctuality  in  (he  performance  of  contracts,  both  towards  the  Government  and  the  citizen;  a  wide 
spreading  bankruptcy,  which  will  be  felt  by  the  commercial,  manufacturing,  and  agricultural  interests:  a  diffidence 
of  the  stability  of  Government,  both  at  home  and  abroad,  and  a  prostration  of  liiat  confidence  and  credit,  which  have 
so  happily  and  successfully  administered  to  the  enterprise  and  prosperity  ()f  the  country. 

Front!  the  view  which  your  memorialists  have  taken  of  this  subject,  and  the  observations  which  they  have  sub- 
mitted to  your  consideration,  it  is  apparent,  (hat  their  earnest  prayer  to  you  is,  that  a  renewal  of  the  charter  of  the 
Bank  of  the  United  States  may  be  granted;  and  a  confirmation  thereby  be  given  to  public  confidence,  private  tran- 
quility, general  credit,  and  national  prosperity. 

CONDY  RAGUET, 

^^nd  one  hundred  others. 


1810.]  ASSAYS   OF   FOREIGN   COINS.  455 


11th  Congress.]  No.  330.  [3d  Session. 


ASSAYS  OF    FOREIGN   COINS. 

COMMUNICATED   TO  THE   SENATE.    DECEMBER   27,    1810. 


The  Secretary  of  the  Treasury,  in  obedience  to  the  act,  entitled  "  An  act  resulatin^  the  currency  of  foreign  coins 

in  the  United  States,"  respectfully  reports: 

That  the  assays  of  the  foreign  gold  and  silver  coins,  made  current  by  the  said  act,  have  been  made  at  the  Mint 
of  the  United  States,  conformably  thereto;  the  result  whereof  is  shown  in  the  letter  of  the  Director  of  the  Mint, 
dated  December  19,  1810,  wiiich  is  aimexed  to  this  report,  and  which  is  prayed  to  be  received  as  part  tliereof. 
All  which  is  respectfully  submitted- 

ALBERT  (iALLATIN. 

rREASuHT  Department,  December  2A,  1610. 


Mint  of  the  United  States,  December  19,  1810. 
Sir: 

I  have  the  honor  to  acknowledge  the  receipt  of  your  letter  of  22(1  ultimo,  and  have,  according  to  your  desire, 
caused  assays  to  be  made  of  tiie  several  species  of  foreign  coins,  made  current  in  the  United  States  by  an  act  of 
Congress,  passed  the  10th  of  April,  1806,  and  the  following,  according  to  the  Assayer's  report,  is  the  result: 

Gold  coins  of  Great  Britain. 

No.  1,  made  of  5  pieces  of  promiscuous  dates  prior  to  1806,  .... 

2,  "  2    do.  dated  -  -  -  1806,  .  .  .  „ 

3,  "  4    do.  dated  -  -  -  1808,  .  -  .  . 

4,  "  5     do.  dated  -  -  1809,  -  .  .  . 

5,  "  2    do.  dated  -  -  -  1810.  .  .  .  . 

Gold  coins  of  France. 

No.  1,  made  of  5  pieces  of  promiscuous  dates  prior  to  1806,  -  .  .  . 

2,  "  4      do.  dated  -  -  -  1806,  .... 

3,  "  3      do.  dated  -  -  -  1808,  .  .  .  , 

4,  "  4      do.  dated  -  -  -  1809,  -  .  .  . 

5,  "  1      do.  dated  -  -  -  1810,  .  -  -  . 

Gold  coins  of  Spain. 

No.  1.  made  of  5  pieces  of  promiscuous  dates  prior  to  1806,  -  .  -  . 

2,  "  3     do.  dated  -  -  -  1806,  .... 

3,  "         5    do.  dated  -  -  -  1807, 

4,  "         5    do.  dated  -  -  1808,  -  .  .  . 

5,  ''         5    do.  dated  -  -  -  1809,  -  -  -  - 

6,  ''  5    do.  dated  -  -  -  1810,  .  -  .  . 

Gold  coins  qf  Portugal. 

No.  1,  made  of  5  pieces  of  promiscuous  dates  prior  to  1806,  ..  .  .  . 

2,  "          4    do.          dated                 -            -  -  1806,  ^        -  -  -  - 

3,  "          5    do.           dated                 -             -  -  1807,  -  -  .  . 

4,  '•          4    do.          dated                -            -  -  1808,  -  -  .  _ 

5,  '•          5    do.          dated               -            -  -  1809,  -  -  .  - 

6,  "          3     do.           dated                -            -  -  1810,  -  -  -  - 

Silver  coins  of  France. 

No.  1,  made  of  5  crowns  of  promiscuous  dates,  ---... 

2,       "         3  five  franc  pieces  of  promiscuous  dates,  -  -  .  .  . 

Silver  coins  of  Spain,  viz:  dollar.i  and  parts. 

No.  1,  made  of  5  pieces  ol  promiscuous  dates  prior  to  1806,  -  .  .  . 

2,  "           5    do.           dated              -            -  -  1806,  -  -  -  . 

3,  "           5    do.          dated              -            -  -  1807.  -  .  -  . 

4,  "  5  do.  dated  -  -  -  1808,  -  -  .  . 
.5,  "'  5  do.  dated  -  -  -  1809,  -  ..  .  . 
6.      "          5    do.          dated              -            -  -  1810,  -  .  .  . 

From  the  foregoing  assays,  it  appears — 

1.  That  the  gold  coins  of  Great  Britain,  and  Portugal,  being  of  the  same  quality  with  those  of  the  United  States, 
viz:  22  carats  fine,  or  ^V  part  alloy,  are,  by  the  act  of  Congress,  rated  at  their  true  intrinsic  value  of  27  gr.«.  to 
the  dollar  or  100  cents. 

2.  That  the  gold  coins  of  France,  averaging  21  c.  23  grs..  (very  nearly)  would  require  27-('„\-  grains  to  the  100 
cents,  instead  of  the  Irgai  weight  of  27yV(y  .g>'s. 

3.  That  the  gold  coins  of  Spain,  averaging  about  20  c.  ?>  grs.,  would  require  28/5-5  grs.  to  the  190  cents,  instead 
of  the  the  legal  weight  of  27f'A  g;i"S. 

4.  That  the  silver  Frencn  crown,  weighing,  as  the  law  required,  18  dwt.  17  grs.,  and  of  the  qualify  10  oz. 
19  dwt.,  as  per  assay,  would,  compared  with  the  quality  and  weight  of  the  silver  coins  of  the  United  States,  be  equal 
in  value  to  about  j^j'j,  parts  of  a  cent,  more  than  that  establislied  by  law. 

5.  That  the  Spanish  silver  dollar,  of  the  legal  weight  of  17  dwt.  7  grs.  and  of  the  quality  of  10  oz.  15  dwt  6 
grs.  the  average  per  assay,  would,  by  a  like  comparison  with  the  silver  coins  of  the  United  States,  be  equal  in  value 
to  about  ff,^„  parts  of  a  cent  more  than  the  value  established  by  law. 

It  may.  however,  be  observed,  that  the  foreign  silver  coins,  especially  those  that  have  been  long  in  circulation, 
are  seldom  of  the  above  weights;  and,  therefore,  their  value,  as  current  by  tale,  will  be  generally  less  than  that 
stated  above. 

I  have  the  honor  to  be,  with  great  respect  and  esteem,  your  most  obedient  servant, 

R.  PATTERSON. 

The  Honorable  Albert  Gallatin,  Secretary  of  the  Treasury  qf  the  United  States. 


c. 

^s 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

21 

n 

21 

n 

21 

2i 

21 

Si- 

21 

Si 

20 

3i 

20 

21 

20 

3^ 

20 

3 

20 

n 

20 

3 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

Oz. 

dwt. , 

^s. 

10 

19 

0 

10 

15 

0 

10 

15 

0 

10 

15 

0 

10 

15 

0 

10 

15 

12 

10 

15 

12 

10 

15 

12 

t   456  FINANCE.  [1810. 


llthCoN-GKEsa.]  ]Vo.  331.  [3d  Session. 


CURRENCY   OF  FOREIGN  COINS. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESKNTATIVF.S,    DECKMBER   27,    1310. 

Mr.  Qtjincy,  iVom  the  CDniinittee  to  whom  was  referred  the  bill  froi^.i  the  Senate,  '"  to  susnend  the  second  section  of 
the  act,  entitled  '  An  act  regulating  foreign  coins,  and  for  otiier  purposes,'  "  made  the  following  report: 

That  the  general  design  of  the  bill  being  to  increase  liie  current  money  of  the  United  States,  by  authorizing 
loreign  gold  and  silver  coins  again  to  become  a  legal  tender,  is  impurtp.ot  in  its  object,  and  may  be  beneticial  in  its 
consequences.  1 1  is  very  apparent,  that  the  denial  to  foreign  coins  of  tb.e  privileges  of  currency,  and  of  being  a  legal 
tender,  has,  at  once,  the  combined  eiiect  (if  circumscribing  the  just  sphere  of  mercantile  action,  and  of  encouragnig 
the  exportation  of  that  species  of  coin,  to  which  these  piivilcges  aie  denied.  In  the  present  circumstances  of  the 
United  States,  it  seems  peculiarly  unadviseable  to  permit  any  st:itute  prohibitions  to  continue,  which  have  a  ten- 
dency to  produce  such  an  efiect.  The  statute  currency  of  the  United  States,  which  now  consists  only  of  the  coin- 
age ot  the  nunt  of  the  United  States,  and  of  Spauisli  niiikHl  dollars  and  pai'ts  of  dollars,  is,  also,  probably  insufficient 
for  the  ordinary  necessities  of  domestic  exchange,  and  is  certaiidy  v.li(;!ly  inadccjuate  to  support  any  pecuhar  embar- 
rassment of  our  circulating  medium,  which,  inlhe  event  o!'  the  disolulion  of  the  Bank  of  the  United  States,  cannot 
but  be  anticipated.  Your  committee  were,  therefore,  of  opinion,  that  loreign  gold  coins  ought  to  be  made  current 
money  and  a  legal  tender. 

Your  committee,  haying  caused  a  letter  to  be  addressed  to  the  Secretary  of  the  Treasury,  in  relation  to  the  for- 
mer statute  rate  at  wiiich  foreign  coins  were  made  current,  received  from  hini  the  two  letters  accompanying  this 
report.  From  which  it  appears,  that  the  gold  coins  of  Spain  and  its  dominions,  had  been  estimated  by  the  former 
statute  of  the  Lnited  States,  at  a  rate  of  lour  per  cent,  above  their  intrinsic  value;  in  other  words,  that  the  quan- 
tity ot  pure  gold  contained  in  twenty  seven  grains  and  two-filths  of  a  grain  of  Spanish  standard  coin,  instead  of 
being  equal  in  value  to  one  hiindrcJ  coils,  the  statute  rate,  was  only  equal  in  value  to  about  ninely-six  cents. 

Upon  receiving  this  information,  two  general  inquires  were  suggested  for  the  consideration  of  the  committee. 
1st.  VVhether,  in  again  vesting  Spanish  gold  coin  whith  the  cliaracter  of  current  money  o(  the  United  States,  it  were 
expedient  to  establish  the  old  statute  rate,  now  discovered  to  be  erroneous,  or,  whether  a  new  statute  rate  for  it 
should  be  established,  which  should  conform  to  its  intrinsic  value.'  2d.  Upon  the  supposition  that  it  should  be  deem- 
ed adviseable  to  enact  a  new  statute  rale  for  it,  conformable  to  its  intrinsic  value,  whether,  as  a  loss  of  four  per 
cent,  upon  all  the  Spanish  gold  in  the  United  States,  would  thus  be  incurred,  by  the  present  holders,  inconsequence 
ot  no  fault  ol  theirs,  but  solely  by  reason  of  the  erroneous  estimate  of  a  lav/  of  the  United  Slates,  any  moral  or  equit- 
able considerations  required  that  this  loss  should  be  assumed  by  the  United  States.=^ 

Concerning  the  first  object  of  inquiry,  the  committee  will  attempt  to  add  nothing  to  the  satisfactory  elucidation 
contained  in  the  letter  of  the  Secretary  of  the  Treasury,  and  only  express  their  entire  concurrence  with  his  opinion, 
that  "the  statute  rate  of  these  coins  should  be  made  to  conform  with  their  intrinsic  value." 

"With respect  to  the  second  inquiiy,  wjiich  the  Secretary  represents  as  "of  a  mv)re  doubtful  nature,"  tf.e  com- 
mittee were  of  opinion,  that,  whatever  equitable  considerations  might  exist,  the  attempt  to  apply  relief,  under  the 
particular  circumstances  of  this  loss,  v/as  inexpedient,  and,  for  the'most  part,  impracticable.  For,  it  is  very  appa- 
rent, that  there  is  no  loundation  or  color  for  indemnification,  on  account  of  any  receipts  of  these  coins,  subsequent 
to  the  10th  ()f  April,  180y,  when  the  huv  making  them  a  legal  tendei-  expired.  iVow,  so  far  asit  respects  individuals, 
the  cases  (it  sucli  in  fact  exist)  in  v.'hich  the  present  holders  of  tliose  coins  received  them,  antecedent  to  that  period, 
must  be  so  extremely  rare,  as  to  render  a  general  provision  for  their  relief,  scarcely  necessary.  And,  as  lo  banks, 
such  is  the  successive  circulation  of  specie  through  their  vaults,  that  it  is  hardly  to  be  supposed,  (hat  any  one  institu- 
tion in  the  United  States  c(>u!d  distinguish  the  amount  of  this  species  of  coin,  wi:ich  it  had  received  prior  to  ihe  10th 
of  April,  1809,  from  that  which  it  had  received  subsequently.  And,  although,  m  a  lew  instances,  this  might  be  the 
case,  yet,  it  seems  far  better  that  in  these,  the  loss  should  remain  where  it  has  fallen,  than  that  the  community 
should  be  exposed  to  the  multiplied  frauds  and  inconveniences  which  the  attempt  to  indemnify,  upon  any  general 
principle,  would  inevitably  introduce. 

Your  committee,  upon  recurring  to  the  acts  existing  on  the  subject  of  the  bill  from  t!ie  Senate,  in  connexion  with 
the  proposed  alteration  in  the  rate  of  Spanish  gold  coins,  lound  ihat  the  operation  of  the  respective  provisions  would 
be  embarrassing  and  confused,  in  their  nature,  and  inconvenient  in  their  form.  The  bill  from  the  Senate,  proposed 
to  suspend  the  second  section  ot  "An  act  regulating  foreign  coins  and  for  other  purposes."  Tliis  act  passed  on  the 
9th  ol  February,  1793,  and  the  effect  of  this  suspension  was,  to  revive  the  provisions  of  an  act  passed  on  the  lOtli  of 
April,  ISOt;.  Whether  the  intended,  would  be  the  legal  result,  your  committee  had  some  doubt.  But  they  had 
none  that  the  proposed,  was  a  veiy  incon\enient  circuit,  to  a  direct  object.  They  were  also  id  opinion,  that  it  was 
highly  expedient  that  all  tlie  provisions,  touching  a  subject  of  such  univeisal  concern,  sliould  be  concentrated  in  one 
bill,  and  divested  of  every  thing  which  might  embarrass  research.  They,  therefore,  report  the  whole  bill  from  tiie 
Senate  stricken  out,  Jtfter  the  enacting  clause,  and  propose  an  amendment,  comprehending  all  the  provisions  neces- 
sary on  the  subject  of  the  currency  ot  loreign  ccins. 


[Strike  out  from  the  word  "thai"  in  the  second  line,  and  insert,] 

From  and  after  the  passage  of  this  act,  foreign  gold  and  silver  coins  shall  pass  current  as  money  within  the  Unit- 
ed States,  and  be  a  legal  tender  for  the  payment  of  all  debts  and  demands,  at  the  sevcal  and  respective  rates  follow- 
ing, and  not  otherwise,  viz: 

The  gold  coins  of  Great  Britain  and  Portugal,  of  their  present  standard,  at  the  rate  of  one  hundred  cents  for 
every  twenty-seven  grains  of  the  actual  weight  thereof;  the  gold  coins  oj'  France,  of  their  present  standartl,  at  (he 
rate  of  one  hundred  cents  for  every  twenty-seven  srains  and  an  half  »if  a  grain  of  the  actual  weight  thereof:  tlie 
gold  coins  of  Spain,  and  the  dominions  of  Spain,  of  tlieir  present  standard,  at  the  rate  of  one  hundred  cents  for  every 
twenty-eight  grains  and  sixty  hundredths  of  a  grain  of  the  actual  weight  thereof.  Spanish  milled  dollars,  at  the  rate 
of  one  hundred  cents  for  each,  the  actual  weiglit  whereof  shall  not  be  less  than  seventeen  penny  wei2;hts  and  seven 
grains,  and  in  proportion  lor  the  parts  of  a  dollar.  Crowns  of  France,  aJt  the  re.te  of  one  hundred  and  ten  cents  for 
each  crown,  the  actual  weight  whereof  shall  not  be  less  than  eighteen  pennyweights  and  fifteen  grains  and  an  half  of  a 
grain,  and  in  proportion  for  the  parts  of  a  crown.  And  it  shall  be  the  duty  of  the  Secretary  of  the  Treasury,  to 
cause  assays  of  the  foreign  gold  and  silver  coins  made  current  by  this  act,  to  be  had  at  the  mint  of  the  United  States 
at  least  once  in  every  year,  and  lo  make  a  report  of  the  result  tiiereof  to  Congress,  for  the  purpose  of  enabling  them 
to  make  such  alterations  in  this  act  as  may  become  requisite  from  the  real  standard  value  of  such  foreign  coins. 
And  it  shall  be  the  duty  of  the  Secretary  of  the  Treasury,  to  cause  assays  of  the  foreign  gold  and  silver  coins,  of  the  de 
scription  made  current  by  this  act,  which  shall  issue  subsequently  to  the  passage  of  this  act,  and  shall  circulate  in 
the  United  Slates,  at  the  mint  aforesaid,  at  least  once  in  every  year,  and  to  make  report  of  the  result  thereof  to 
Congress,  for  the  purpose  of  enabling  Congress  to  make  such  coins  current,  if  they  shall  deem  the  same  proi)er,  at 
their  real  standard  value. 

Sec.  2.  ^ind  be  it  further  e»ac^erf,  That,  at  the  expiration  of  three  )'ears  from  and  after  the  passing  of  this  act 
all  foreign  gold  coins,  and  all  foreign  silver  coins,  except  Spanish  milled  dollars,  and  parts  of  such  dollars,  shall 
cease  to  be  a  legal  tender  as  aforesaid. 


1810.]  CURRENCY  OF  FOREIGN  COINg.  457 

,Sec.  3.  And  he  it  farther  enacted,  Th;i(  llio  ac(,  entilieil  "  An  act  rc\£;ulati:ij!;  the  curroiicy  of  foieig:i  coin>,  in  'An 
IJnitctl  States,"  aiid  also  every  section  and  parts  of  sections  of  any  act  or  act-;  liei'etofore  p.ijsed  i-e'.ative  to  tlie  cur- 
rency of  foreign  coins  in  t!ie  United  States,  b;',  and  ih".  -anie  are  hereby,  repealed. 


•Sir:  Tii:;A:riiY  Dkpai.t.mi-.nt,  December  I'ih,  Inic. 

I  liad  tlie  honor  <;>  receive  your  h'iteis  ofilie  lltliand  15th  instant.  The  assays  for  'die  year  1810 are  daily  ex- 
pected, but  not  yet  received.  I,  therefore,  beg  leave  to  refer  ih:>  conunitiee,  (o  those  made  according  to  law,  in  the 
year  180t),  (he  result  (if  whicii  is  exhibited  in  tlie  letter  ot  SDlli  .huie,  Isoit,  fioni  the  Director  of  the  Mint,  annexed  to 
tiie  report  i'roni  this  department,  ot  Sili  Decenibei-,  1809. 

It  appears  from  those  assays  that  the  intrinsic  value  of  all  foreign  coii.-s,  the  gold  coitis  (;f  Spa'n  excepted,  w'licii 
were  made  a  legal  tender  by  tiie  act  of  10th  of  A[)ri!,  ISOG,  either  agrees  pi-ecisely  with  the  legal  value  fixed  by  that 
act,  or  differs  iroin  it  by  so  small  a  fraction,  as  (o  render  any  alteration  in  th:it  respect  unnecessary.  Hut  the  diHi.-r- 
ence  in  the  value  of  Spanish  gold  coins  is  considerable. 

It  will  be  recollected,  that  the  value  of  gold  coins  of  the  United  States  is  established  in  conformity  with  tiie  f,.i- 
lowing  principles,  viz: 

1st.  The  unit,  or  silver  dollar,  contains  37I4  grains  of  pure  silver. 

2d.  The  comparative  value  of  gold  anil  silver  is  in  the  ratio  of  15  to  1;  that  is  to  say,  that  fifteen  ounces  of  pure 
silver,  are,  according  to  law,  equal  in  value  to  one  ounce  ol'pure  gold. 

3d.  Tiie  standard  gold,  or  (hat  of  which  gold  coins  of  tiie  United  States  arc  made,  c(;ntains  eleven  parts  of  pure,  gold 
and  one  part  of  alloy;  or  one-twelfth  part  of  its  weight  is  alloy. 

'I'hence  it  follows,  1st  that  -21^  (being  the  loth  part  of  37I4 )  pure  gold,  are  equal  (0  one  dollar.  2dly,  that  27  grains 
of  standard  gold  of  tiie  United  States,  containing  21j  grains  ot  pure  gold,  are  also  equal  to  one  dollar. 

In  fixing  the  rate  at  which  i'oreign  coins  should  pass,  the  object  was  to  ascertain  tlie  staiidaid.  or  qiiantily  of  pure 
gold  contained  in  agiven  weight,  and  to  place  tliem,  accoriling  to  that  intrinsic  value,  exactly  on  a  par  with  coins  of 
the  United  States.  The  act  of  lOth  of  April,  130G,  was  predicated  on  the  supposition  that  37-:  grains  of  Spanish 
standard  gold  contained  211  grains  of  pure  gold,  and  were,  therefore,  equal  in  value  to  27  gi-ains  standard  gold  of 
the  United  States,  or  to  one  dollar  current  money  of  liie  United  Slate:-,  liut  that  supposition  is  proven  by  the  assays 
to  have  been  erroneous;  the  standaitl  of  Spanish  gold  coins  being  worse,  or  containing  more  alloy,  th.an  was  ihui  be- 
lieved. That  standard  varies  according  to  the  years  of  the  coinage.  The  coins  of  (he  year  ISOti,  are  (lie  lowest  and 
worst  by  more  than  four  and  a  half  per  cent.,  than  (he  value  fixed  by  the  act  (jf  lOdi  of  J^iay,  ISOtJ.  Those  of  the 
year  1807,  are  worL<e  than  those  of  the  year  prior  to  160(5;  and  those  of  (he  year  1808,  are  worse  than  those  oi'  1S07. 
Those  of  the  years  piior  to  180G,  (hough  better  than  (he  subsequent  coinages,  are  alm:)st  three  and  a  half  per  cent, 
worse  than  the  value  fixed  by  the  act  of  May,  1806. 

Taking  the  genenal  average  of  t!ie  several  coinages,  it  appears  that  they  should  b^  taken  at  the  rate  of  28/,''  grains, 
(instead  of  27yVo)  for  one  dollar;  and  that  the  diftercnce  between  (heir  intrinsic  value  and,  that  fixed  by  the  act  of 
April,  180G,  is  almost  four  per  cent.  (SyjV'j  per  cent.) 

If,  therefore,  the  act  should  be  revived,  without  any  alteration,  every  pennon  recei\ing  those  coins  iri_  payment, 
would,  in  fact,  be  compelled  to  receive  only  ninety-six  instead  of  one  hundred  cents  on  every  dollar  paid  to  him. 
The  unavoidable  eft'ect  of  put (ing in  circulation  any  one  species  of  coin,  at  a  rate  liigherthan  its  known  intrinsic  value,_ 
is  to  invite  its  impiirtation  and  increased  circulation,  and  to  drive  out  of  circulation  the  other  spec  ies.  Every  bank,  if 
called  on  to  pay  its  notes  in  specie,  will, in  that  case,  pay  with  that  species  of  coin;  and  tlie  whole  paper  circulating 
medium  mu»t,  after  a  while,  be  depreciated  in  the  sann»  pi-opoition.  The  only  guard  agiinst  the  abus>  and  con  icqueni 
depreciation  of  bank  paper,  is  a  strict  adherence  to  (he  principle,  that  payment  may.  at  any  time,  be  dem.Tu.led  in 
specie,  rated  at  its  intrinsic  value. 

On  the  other  hand,  it  is  not  less  (rue,  that  the  gold  coins  of  Spain,  were  made  a  !eg:d  tender  by  law,  fora  certain 
number  of  years,  at  a  higher  rate  than  they  were  really  worth ;  (hat.  to  the  very  last  (i:'.y  of  that  period,  every  pi'i'son  was 
compelled  to  receive  them  in  payment,  at  tint  rate;  and  (hat,  at  (he  expiration  of  the  period,  a  quAnihy  of  that  g:;ld 
necessarily  remained  in  the  hands  of  some  persons,  on  whom  the  los^  tiills,  by  the  unavoidable  eSect  of  tiie  law. 
and  without  any  fault  of  theirs.  It  is  in  order  to  relieve  those  persons,  tliat  i!^  is_proposc(i  tomake  the  joss  fall  on  the 
community,  by  reviving  the  law,  without  alteration :  that  is  to  say.  by  putting  again  the  coins  in  circulation,  at  a  higiier 
rate  than  tlieir  intruL-.ic  value. 

The  two  questions  put  i)y  the  committee,  are,  whether,  the  statute  rave  of  these  coins  should  not  be  made  (o  con- 
form with  (heir  intrinsic  value,  and  whether,  in  order  (o  rei.eve  individuals  from  (he  loss  resulting  (roni  tlie  late  er- 
roneous legal  estimate  of  their  value,  it  would  not  be  elig:ble  liuit  (he  difference  should  be  paid  by  (.;overni;i>nt.  ^ 

To  the  first  question,  1  can  have  no  hesiiation,  for  tiie  above  nicndoned  leasons,  to  answer  in  the  afiirm  ;tive. 
The  second  question  is  of  a  more  doubtful  nature.  Hut  if  it  sliall  he  thought  just,  that  (heioss  should  fall  on  the  com- 
muni(y,  rather  thiii  on  individuals,  it  will  certainly  be  preferable  to  pay  at  once  the  diflerence,  rather  than  know- 
ingly to  make  the  coins  again  a  legal  tender,  at  a  higher  rate  than  they  are  worth.  Should  (hat  nieasure  be  adopted, 
the  mode  proposed  by  the  committee,  viz:  to  direct  (he  mint  to  receive  that  species  cf  gold,  ior  a  short  time, 
at  the  former  statute  rate,  the  Uni'ed  States  paying  the  difference,  appears  also  the  most  shnple  and  eligible  m.iuner 
of  effecting  the  object.  Tlie  following  provisions  are,  in  tiiat  case,  respectfully  suggested: 

1st.  That,  as  the  assays  of  the  ciTfins  of  the  years  1801)  and  1810,  have  not  yet  been  received,  and,  as  Spa:)i-!i 
gold  ceased  to  be  a  legal  tender  early  in  the  year  1809,  the  revival  of  the  law  nsaki.ig  (hem  a  legal  tender  should  ap- 
ply only  to  coins  coined  prior  to  the  year  180!). 

2d.  "That,  for  the  same  reasons,  (he  statute  value  should  be  \i:iCi\  at  a  rote  not  higher  I'lan  (he  average,  of  the 
assays  heretofore  made;  that  is  to  say,  that  they  should  pass  at  a  late  le-.t  higiier  than  28/'/,?  gre.ins,  lor  one  hundred 
cents. 

3d.  That,  for  the  same  reasons,  the  obligatio-i  on  tlie  mint  to  receive  (hri,>e  coiiss,  at  (heir  former  sta^u'e  rate, 
should  be  limited  (o  coins  coined  prior  to  (he  year  lso!(. 

4th.  That,  as  theindeninilication  t.)  the  individa.ds,  arises  fr,);n  equi'abli  considerations,  v.'.v.]  siot  from  an  ab-.o- 
lute  legal  obligation,  the  period  during  which  the  coi'is  ^hall  be  received  at  die  mint,  at  (heir  former  statute  vaiue, 
be  maiie  so  .-^liort  as  to  prerlude  the  possbdity  oi' embracing  speciiLtivc  imp  irtations.  One  month  from  the  na.-smg 
of  (he  law  would  seem  suHicient. 

5(ii.  That  no  such  coin  shiU  be  thus  received  at  the  mint,  at  its  former  statute  value,  unless  pr.;of,  or  at  Icaif  an 
.affidavit  be  made,  that  the  persons  claiming  the  benefit  of  the  provision,  h.id  actually  received  the  same  at  that  value 
prior  to  the  time  when  the  law  making  it  a.  legal  tender  exisired.. 

It  will  also  be  necessary,  in  that  c'ase,  that  an  appropnation  sh onid  be  made  to  enable  die  mint  to  carry  the  pro- 
vision into  effect.  The  amount  of  (hat  appropriatioii.  s'lould  be  at  the  rate  of  four  per  cent,  on  the  supposed  amount 
of  Spanish  gold  now  in  the  United  Slates,  which  may  be  embraced  by  such  provisions.  Eut,  having  no  knowledge 
whatever  oT  that  amount,  I  cannot  suggest  any  precise  sum. 

I  have  the  honor  to  be,  respeetfuliy,  >ir.  your  obedient  servan:. 


Honorable  Josiaii  Quincy,  Chairman,  ^c.  in  Congress. 


ALBERT  GALLATIN. 


Sir 
Frenc 


Treasury  Depart.ment.  December  2t//i,  1810. 

rhis  year's  assays,  have  been  received,  and  will  be  sent  to-morrow  to  Congress.    These  make  the  average  for 
nch  gold  coins  27//^  grains,  and  for  Spanish  coins,  23 f^,.     It  must  also  be  observed,  that  French  crowns  were 


458  '  FINANCE.  [1811. 


rated  too  low.  Instead  of  its  being  necessary  that  they  should  weigh  18  pennyweights  and  17  grains,  they  ought  to 
be  received,  if  weighing  18  pennyweights  and  15|  grains;  it  appearing  from  the  assays,  that,  ifof  tlie  first  mentioned 
weight,  they  are  worth  110  cents  and  f'/s  of  a  cent,  instead  of  110  cents. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Honorable  Josiah  Quincy,  in  Congress. 


ItthCoN-oREss.l  No.  332.  [3d    Sessiow. 

MINT. 

COMMUNICATED   TO   THE   SENATE,   JANUARY   7,    1811. 

To  the  Senate  mid  House  of  Representatives  of  the  United  States: 

I  communicate,  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operation  of 
that  establishment  during  the  last  year. 

JAMES  MADISON. 
January  7.  181 1. 


Sir: 


Mint  of  the  United  States,  January  1,  1811. 


I  have  the  honor  of  laying  before  you  a  report  of  the  operations  of  the  Mint  for  the  last  twelve  months. 
During  that  period,  as  appears  by  the  Treasurer's  statement,  herewith  transmitted,  there  have  been  struck  at  the 
mint — 

Of  gold  coins,  in  half  eagles,  100,287  pieces,  amounting  to  $501,435. 
Of  silver  coins,  in  half  dollars  and  tlimes,  1,282,631  pieces,  amounting  to  $638,773  50. 
Of  copper  coins,  in  cents  and  half  cents,  1,673,500  pieces,  amounting  to  $15,660. 

Making,  in  the  whole,  three  millions  fifty-six  thousand  four  hundred  and  eigliteen  pieces  of  coin,  amounting  to 
one  million  one  hundred  and  fifty -five  thousand  eight  hundred  and  sixty-eight  dollars  and  fifty  cents. 

Of  bullion,  for  coinage,  which  has  hitherto  been  furnished  chiefly  by  the  Bank  of  the  United  States,  there  still 
continues  to  be  an  ample  supply. 

I  have,  sir,  the  honor  to  be,  with  sentiments  of  perfect  respect  and  esteem. 

Your  most  obedient  faithful  servant, 

R,  PATTERSON. 
James  Madison,  President  of  the  United  States. 


1810.] 


THE    MINT. 


459 


A  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  3lst  of  DeceiTiber. 

1810,  inclusive,  viz: 


GOLU    COINS. 

Amount  in  liol- 
hirs  and  cents. 

Total. 

Half  Eag-les. 

Quarter  ending  31st  March, 
Do.          30th  June, 
Do.           30th  September, 
Do.          31st  December, 

s. 

2-2,060 
33,070 
2-2,217 
22,940 

$110,300  00 
165.350  00 
111,085  00 
114,700  00 

100,287  pieces  of  gold  coins. 

100.287 

Total  amount  of  gold  coin 

- 

$501,435  00 

138,000  00 
139.249  00 
177,138  00 
184,3h6  50 

SILVER 

COI.V9. 

Dimes. 

Half  Dollars. 

Quarter  ending  31st  March, 
Do.          30th  June, 
Do.          30tii  yeptember, 
Do.          31st  December,  - 

2,490 
3,865 

276,000 
278,000 
354, '27  6 
368,000 

1,282,631  pieces  of  silver  coins, 

6,355 

1,276,276 

Total  amount  of  silver  coins. 

- 

638,773  50 

4,905  00 
5,370  00 
3,045  00 
3,440  00 

COPPER 

COIXS. 

Half  Cents. 

Cents. 

Quarter  ending  31st  March, 
Do.         30th  June 
Do.          30th  September, 
Do.         31st  December, 

•205,000 
10,000 

388,000 
523,000 
304,500 
244,000 

1,673,500  pieces  of  copper  coins. 

215,000 

1,458,500 

Total  amount  of  copper  coins. 

- 

- 

15,660  00 

Number  of  pieces,  $3,056,418,  of  all  the  coins.     Amount  of  all  the  coins  in  1810, 


§1,155,868  50 


Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  3lst  December,  1810. 

BENJAMIN  RUSH. 


An  abstract  qf  the  ordinary  expenses  of  the  Mint  of  the  United  States,  from  \st  January  to  Slst  December,  1810, 

inclusive,  viz. 


Salaries. 

Wages. 

Incitlental. 

Total. 

Quarter  ending  31st  March,     .               -               .               . 
Do.          30th  June,        -               -               .               . 
Do.           30th  September, 
Do.          31st  December, 

$2,650  00 
2,650  00 
3,650  00 
2,650  00 

$1,834  38 
1,872  88 
1,954   11 
1,895  59 

$478  00 
772  67 
356  65 
989  57 

$4,962  38 
5,295  55 
4.960  76 
5.535   16 

Amount,    - 

$10,600  00 

$7,556  96 

$•2,596  89 

$20,753  85 

Mint  of  the  United  States,  T'reasurer's  Office,  Philadelphia,  31s/  December,  1810. 

BENJAMIN  RUSH. 


4(30  '  FINANCE.  [1811. 


11th  Congress.]  No.  333.  [3J  Skssiow. 


BANK   OF   THE    UNITED   STATES. 

COMMUNICATED  TO  THE  SKNATE,   JANUARY   8,    1811. 

To  the  Sena'e  and  House  of  Bepresentatives  of  the   United  Slates,  the  memorial  of  the  President  and  Directors  of 

the  Bank  of  New  York,  respectfully  showdh: 

That,  viewing  with  solicitude  the  question  now  before  your  honorable  houses,  for  the  renewal  of  the  charter  of 
tiie  Bank  of  the  United  States,  they  feel  it  their  duty  to  express,  with  all  submission,  their  sentiments  upon  the 
subject. 

They  will  not  presume  to  enter  into  any  general  discussion  ol  tlie  utility  ot  banking  institutions,  but  will  confine 
their  observations  to  those  points,  which  their  situation,  as  directors  of  a  bank,  gives  them,  perhaps,  peculiar  advan- 
tages in  judging  of. 

They  view  the  instiiution  of  the  Bank  of  t'le  United  States,  as  highly  useful  to  the  State  banks.  From  the  ex- 
tent of  lis  capital,  its  numerous  branches,  and,  above  all,  from  the  protection  of  the  Government,  it  is  enabled  to 
facilitate  remittances  to  every  part  of  the  United  States,  to  equalize  the  balance  of  specie  capital  among  the  different 
cities,  and.  in  cases  of  any  sudden  pressure  upon  the  merchants,  to  step  forward  to  their  aiti,  in  a  degree  which  the 
State  banks  are  unable  to  do.     It  is  also  able  to  assist  any  State  institution,  which,  from  peculiar  circumstances, 

may  require  it.  ,  .  .  ..,-,.,., 

The  bank  of  New  York  having  been  established  prior  to  the  incorp:)ration  ol  the  Bank  of  the  United  States,  the 
directors  have  witnessed,  from  the  very  commencement  of  the  branch  bank  in  this  city,  the  influence  of  such  an  in- 
stitution, as  well  as  the  conduct  of  those,  to  whose  management  it  has  been  entrusted  during  that  whole  period,  and 
your  memorialists  declare,  with  confidence,  that,  in  their  opinion,  that  power  has  l-een  uniformly  exerted  with  pru- 
dence, as  it  respected  the  public:  with  great  liberality  as  it  respected  other  institutions. 

At  any  period,  great  inconveniences  must  result  from  the  sudden  withdrawing  a  considerable  portion  of  the  ac- 
tive capital  of  a  commercial  country;  but,  in  the  opinion  of  your  memorialists,  such  an  event  would  be  attended  with 
peculiar  distress,  at  the  present  time,  when,  from  the  aggressions  of  foreign  Governments,  such  immense  sums  have_ 
been  sequestered,  and.  in  various  ways,  detained,  in  Europe  and  when  the  merchants,  from  the  embarrasments  of 
commerce  in  almost  every  ([uarter,  are  deprived  of  their  usual  resources,  it  is  well  known  that  there  never  has  been 
a  greater  demand  for  money  in  the  commercial  cities  than  at  the  present  time,  although  it  appears  that  the  Bank  of 
the  United  States  has  not  yet  commenced  that  reduction  of  its  loans,  which  must  take  place,  in  case  of  the  charter 
not  being  renewed.  The  demands  already  made  upon  the  State  banks  have  pressed  them  to  their  utmost  limits,  and, 
from  the'se  causes,  they  will  be  utterly  unable  to  supply,  in  any  considerable  degree,  that  aid  which  has  hitherto  been 
afforded  by  the  Bank  of  the  United  States.  The  consequences  must  be,  very  great  and  individual  disti-ess,  and  heavy 
losses,  as  well  to  the  revenue  as  to  all  the  moneyed  institutions.  The  renewal  of  the  charter  of  the  Bank  of  the  Unit- 
ed States  will  render  such  reductions  unnecessary,  and,  by  relieving  the  apprehensions  now  excited  through,  almost 
every  class  of  the  community,  restore  that  confidence  so  essential  to  the  system  of  public  credit,  under  which  the 
United  States  have  so  much  prospered. 

Your  memorialistSjtherefore,  cannot  but  hope  and   solicit  that  the  charter  of  the  Bank  of  the  United  States  may 

be  renewed. 

M.  CLARKESON,  President. 

Attest 
Chaules  Wilkes,  Cashier. 


nth  Congress.]  No.    334.  [3d  Session. 


...  BANK  OF   THE   UNITED   STATES. 

COMMUNICATED  TO  THE  HOUSE  OF    REPRESENTATIVES,  JANUARY    10,  1811. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives,  of  the  3d  instant, 

respectfully  reports: 

That  the  annexed  statements,  marked  A,  B,  and  C,  contain  all  the  information  which  the  returns  made  to  the 
Treasury  afford  on  the  subjects  embraced  by  the  resolution  aforesaid. 

It  appears,  by  tiie  statement  A,  that  the  debts  due  from  individuals  and  bodies  corporate  to  the  Bank  of  the 
United  States,  consisted,  at  the  respective  dates  of  the  several  returns,  of  the  following  items,  viz: 

Bills  and  notes  discounted,  aiid  bonds  due  by  individuals,                     -               -               -               -  $15,126,187  04 

Balance  due  by  other  banks  in  account,  after  deducting  the  sums  due  by  the  Bank  of  the  United 

States  and  its  branches,  to  several  other  banks,                 .               -               .               .               .  i. J 18, 004  39 

Bank  notes  of  other  banks,  on  hand,          ..-.--..  511,909  06 

Treasury  drafts  not  yet  collected,             ..--.._  31,466  01 

Overdrawn,                    -                 -                 -                 -                 -                 -                 -                 -                 -  32,579  07 

Converted  six  per  cent,  stock,                   -               -               -               _,             .               .               .  23,066  23 

17.043.231    70 
To  which,  adding  the  loan  to  the  United  States,      -  -  -  -     ,  -  -       3,750,000  00 

Makes,  for  the  aggregate  of  debts  due  to  the  bank,  -  -  *-  -  -$19,793,23170 

In  a  few  instances,  which  are  noted  in  the  statement  A,  the  amount  due  on  bonds,  and  also  that  of  notes  discount- 
ed, whicii  have  been  put  in  suit,  is  distinctly  stated  in  the  returns  made  to  the  treasury;  but  the  aggregate  alone  is 
given  in  most  of  them,  and  they  do  not,  in  any  instance,  distinguish  the  amount  ""considered  as  standing  accommo- 
dation to  the  customers  of  the  bank  and  its  branches."  A  recurrence  to  the  16th  regulation  of  the  7th  section  of  the 
act  incorporating  the  bank,  wil  1  show,  that  the  only  statements  that  can  be  required  by  the  officer  at  the  head  of  the 
treasury,  are  those  of  the  amount  of  the  capital  stock  of  the  corporation,  of  the  debts  due  to  the  same,  of  theuKuieys 
deposited  therein,  of  the  notes  in  circulation,  and  of  the  cash  in  hand:  and  that  he  has  no  right  to  ask  for  the  account 
of  any  private  individuals,  or  for  any  other  than  the  above  mentioned  general  statements.    Nor  has  the  Secretary  of 


1811.]  BANK   OF   THE   UNITED   STATES.  461 

the  Treasury  any  knowledge  wliatever  ol"  tlie  aecoiints  and  operatiiins  of  the  bank,  but  what  is  derived  fiom  the 
official  statements  transmitted  to  him  in  corilormity  with  the  above  mentioned  pro\ision  in  the  charter. 

The  statement  B  shows  the  amount  of  notes  of  the  said  bank,  and  its  branches,  in  circulation  at  the  date  of  the 
latest  returns,  to  have  been  5, 157, ,378  dollars  and  83  cents. 

The  Treasurer's  accounts,  annually  laid  i)elore  Congress,  show  coirectly  the  amount  ol  jniblic  moneys  deposited 
in  tlie  various  banks,  on  the  last  day  of  each  ([uarter.  But  that  amount  is  daily  fluctuating,  and  cannot  be  stated 
with  perfect  precision,  except  on  the  (|uarterly  statements  of  those  accounts.  The  Treasurer  furnishes,  liowever, 
the  Secretary  of  tlie  Treasury  wiiha  weekly  estimate  of  the  cash  on  hand,  and  where  deposited,  as  taken  from  the 
latest  received  returns.  A  copy  of  that  furnished  on  the  7th  instant,  marked  C,  is  herewith  transmitted,  together 
with  remarks  showing  what  purlions  of  the  revenue  iire  generally  deposited  in  the  Bank  of  the  United  States  and  its 
branches,  and  what  portions  are  deposited  in  other  banks. 

It  is  probable  that  the  amount  of  specie  in  the  treasury  will,  on  the  first  day  of  March  next,  exceed  -2,500.000 
dollars,  and  that  the  propoition  deposited  in  the  banks,  other  than  that  of  the  United  States  and  its  branches,  will 
not  materially  vary  from  what  it  is  at  present.  But  it  is  impracticable  to  form  any  coirect  estimate  of  the  probable 
amount  at  that  time  in  each  place,  respectively,  since  that  is  always  regulated  by  the  want  of  funds  in  each  place,  for 
the  current  service,  according  to  whicii  the  pul.ilic  moneys  arc  daily  transferred  by  drafts,  from  place  to  place,  as  the 
occasion  may  require. 

All  whicli  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  January  9,  1811. 


to  4.4. 


462 


FINANCE. 


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1811.] 


BANK   OF   THE   UNITED   STATES. 


463 


B. 


d  Htulcminl  of  Ike  ainov.nl  of  notes  of  the  Bank  of  the  United  Slates,  and  its  branches,  now  in  circulation. 


'    Issued. 

On  hand. 

In  circulation. 

Philailelphia, 

1st  of  January,  1811,    . 

$1,708,013  00 

SI  01, 750  00 

$1,606,263  00 

Boston. 

22d  of  December,  1810, 

451,435  00 

207.03(;  34 

244.398  66 

New  \  ork. 

29th            do    . 

1,223,300  00 

179.421   00 

1,043.879  00 

Baltimore, 

29th             do    . 

38G,505  00 

210,855  00 

169,650  00 

\\ashin!iton, 

29th             do    . 

288,880  00 

33,114  83 

255.765   17 

Norfolk. 

22d            do    . 

300,140  00 

77,922  00 

222,218  00 

Charle-ton, 

15th           do    . 

792,565  00 

3,850  00 

7HS,715  00 

Savannah, 

15th           do   . 

850.800  00 

216,450  00 

631,350  00 

New  Orleans. 

2ith  November,  1810, 

192,140  00 

192,140  00 

$6,193,778  00 

$1,036,399   17 

$5,157,378  83 

^  statement  of  the  cash  in  the  Treasury  of  the  United  Stales  on  the  llh  January,  1811,  as  returned  by  the  Trea- 
surer to  the  SecrcUtry  of  the  Treasury,-  showing  the  several  banks  in  tvhich  the  same  is  deposited. 


Bank  of  the  United  States, 
Office  of  Discount  and  Deposite, 


Bank  of      Maine. 

"  Saco, 

•'  Newport,     . 

"  Roger  Williams, 

Manhattan, 

"  Pennsylvania, 

Branch  of  Ditto, 
Bank  of     Marietta, 

"  Kentucky. 

'•  Columbia, 

Alexandria, 


Philadelphia, 

Boston,* 

New  York, 

Baltimore, 

^^'ashington, 

Norfolk.   . 

Chaileston, 

Savannah. 

New  Orleans, 

Portland, 


Providence. 

New  York, 
Philadelphia. 

Pittsburg. 

Frankfort. 
Georgetown, 


TotH 


Amount. 


336,264 

551,988 

272,293 
65,776 
14,006 
29,084 
46.841 

166.701 
37,392 
26.409 
34,843 
43,382 

188,670 
92,628 

137.442 
11,242 
75.137 

115.080 
86,917 


64(«) 
77(ff) 
51(o) 
77(a) 
42(a) 
36(a) 
99(«) 
63(a) 
55^') 
38(6) 
53(6) 
49(6) 
79(6) 
32(c) 
i-{d) 
n{d) 

25((/) 
88(f/) 
15(0 

yo(/) 


t$2,493,362  61 


REMARKS. 

(«.)  The  Collectors  of  Philadelphia,  New  York.  Boston,  Baltimore.  Norfolk,  and  Charleston,  are  (lirected  by 
act  of  10th  May,  ISOO,  to  deposite  for  collection  in  the  Bank  of  the  United  Slates,  or  one  of  its  branches,  all  the 
revenue  bonds.  After  the  establishment  of  the  branches  at  Savannah  and  New  Oileans,  the  same  regulation  was 
adopted  in  those  two  places.  The  greater  part  of  the  revenue  collected  in  North  Carolina  and  Ma.sr^ai  hu setts  is, 
also,  ultimately  drawn  into  the  branches  of  ("harleston.  Norfolk,  and  Boston.  Antl  it  must  also  be  notetl  that  the 
notes  of  the  bank  are,  by  the  lOth  >ection  of  the  act  of  incorporation,  made  receivable  in  all  pavuients  to  the  United 
States. 

(6.)  The  deposites  in  these  banks  aiise  from  pavmeats  made  by  several  Collectors  of  the  District  of  Maine,  and 
of  tiie  State  of  Rhode  Island. 

(f. )  The  deposite  in  this  bank  arises  fr.nm  the  occasional  collection  of  the  surplus  revenue  in  the  States  of  Rhode 
Island  and  Connecticut. 

(f/.)  The  deposites  in  these  bank?  arise  altoge;her  fioni  payments  made  on  account  of  the  sales  of  public  lands, 
by  the  Receivers  of  public  moneys. 

(f. )  The  deposite  in  this  bank  arises  from  occasional  drafts  on  some  Collectors  in  'Virginia,  and  from  the  receipt 
of  moneys  paid  at  the  treasury  for  lands,  patents,  «ic.  in  bank  notes  not  receivable  at  the  Office  of  Discount  and 
Deposite,  AN'ashington. 

(/.)  'Fhis  deposite  arises  from  the  payments  made  by  the  Collector  of  Alexandria. 

•  Viz;   Sum  advanced  on  31st  December,  1810,  on  account  of  the  loan  to  the  United  States,  not  yet  included  in  die  bank  return 

to  the  Treasurer;  the  latest  received  being-  dated  December  29th,  -  .       '      .  .  §500,000  00 

Amount  stated  by  the  Treasurer  as  overdrawn,  ---....  163,735  23 


Leaves,  as  here  stated, 


■)■  Viz :  Amount  by  the  Treasurer's  return, 

Amount  advanced  in  Boston,  as  above  stated,    - 


§336,264  77 

§1,993,362  61 
500,000  00 

§2.493,362  61 


464 


FINANCE. 


[1811. 


11th  Congress.] 


No.  335. 


[3d  Session. 


MINT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  11,  1811. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives  of  the  2d  instant, 

respectfully  reports: 

That  the  whole   expense  of  the  Mint  of  the  United  States,  since  its  first  establishment  to  the  end  of  the  year 
1809,  has  amounted,  as  will  appear  by  the  annexed  statement,  marked  A,  to       -  -  -        $387,414  24 

That  the  profits  on  the  copper  coinage,  have,  during  the  same  period,  amounted  to  -  -  -  37,33152 

As  will  appear  by  reference  to  the  statement  marked  B,  transmitted  to  Congress  on  the  15th  day 
of  March,  1810,  [see  No.  318,]  together  with  tiie  annual  report  of  the  Comptroller  on  that  subject. 

Leaving  for  the  nett  expense  of  the  Mint,         ------        $350,082  77 

That  the  gold  coined  at  the  mint,  during  the  same  period,  amounts  in  value,  to         -  -  -     $3,763,597  50 

The  silver  coined  during  the  same  period,  to     -  ;  -  -  -  -  -  -       4,370,846  50 

And  the  copper  coined  during  the  same  period,  and  paid  into  the  Treasury,  to  -  -  -  211,702  21 

Making,  altogetiier,  in  value,     --------     $8,346.146  21 

.\s  will  appear  by  the  above  mentioned  statement  A. 

And  that  there  are  no  documents  in  the  Treasury  by  which  the  actual  rate  per  cent,  of  expense  in  refining  gold 
bullion  below  the  standard  fineness,  can  be  ascertained;  the  deduction  authorized  in  that  case  by  the  5th  section  of 
the  act  of  the  3d  of  March,  1795.  being  the  only  item  which  is  stated  in  the  accounts  rendered  by  the  officers  of  the 
mint,  and  its  not  being  known  whether  tiiat  deduction  is  equal  to  the  actual  expense  incurred. 

It  may  not  be  improper  to  observe,  1st,  tliat  in  the  official  statements  of  the  profits  on  copper  coinage,  that  coinage 
is  not  charged  with  any  portion  of  the  general  expenses  of  the  mint;  and  Ihat  althougli  this  cannot  be  correctly  stated,  it 
is  evident,  from  a  comparative  view  of  the  number  of  pieces  coined  at  the  mint,  that  it  must  exceed  the  whole  amount 
stated  as  the  nominal  profit  on  that  coinage.  2d.  That  the  first  cost  of  buildings  and  apparatus,  being  a  charge  on 
the  whole  coinage,  and  that  of  the  precious  metals  having  considerably  increased,  the  rate  per  cent,  of  expense  on 
the  whole  coinage  has  diminished,  and  continues  every  year  to  diminish. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department.  January  10.  1811. 


A  Statement  of  the  whole  expense  of  the  Mint  of  the  United  Stales,  from  its  institution  to  the  31  st  December,  1809. 


Period. 

Salaries  of  of- 
ficers. 

Cost  of  lots, 
buildings,  ma- 
ch'nery,  ma- 
terials, wages 
of  laborers, 
repairs,  &c. 

Wastage  al- 
lowed on  gold 
and  silver. 

Total. 

From  the  commencement  to  the  31st  December.  1801, 
1st  January,  1802,  to  31st  December.  1809, 

$88,887  21 
84,800  00 

115,402  99 
68,343  42 

10,958  69 
19,021   98 

215,248  89 
172,165  40 

173,687  21 

183,746  41 

29,980  67 

387,414  29 

A  statement  of  the  amount  of  gold,  silver,  and  copper,  coined  at  the  Mint  of  the  United  States,  from  its  institution 

to  the  ZXst  December,  1809. 


Period. 

Gold. 

Silver. 

Copper. 

Total. 

From  commencement  to  31st  December,  1801, 

1st  January,  1802,  to  31st  December,  1809,  - 

1.436,860  00 
2,326.737  50 

1.515,212  75 
2,855,633  75 

93,019   19 
118,683  02 

3.045,091 
5.301,054  27 

3,763,597  50 

4,370,846  50 

211.702  21 

8.346,146  21 

1811.] 


ENCOURAGEMENT  TO    MANUFACTURES. 


465 


Species  of  Coins  struck. 

Number. 

Value. 

Value  of  coins 
struck  from   each 
metal. 

Gold    Eagles, 

HalfEades, 

Quarter  Eagles,         -            -            -           .            . 

132,592 

476,437 

2-2,197 

1,439,517 

5,452,7.59 

561,045 

514,116 

265,543 

18,958,035 
4,616,373 

1,325,920  00 

2,38-2.185  00 

55,492  50 

3,763,597  50 
4.370,846  50 

Silver — Dollars,         --..-.. 
Half  Dollars,           -            ...            - 
Quarter  Dollars,      -            -            -            .            . 
Dimes,         --.-.. 
Hall"  Dimes, 

1.439,517  00 

2,72(i,379  50 

140.261   25 

51,111   60 

13,277   15 

Copper — Cents,         -..-.. 
Half  Cents,            .            -            -            .            . 

189,580  35 
23,081    86 

Of  which  there  has  been  paid  into  the  Treasui-y     - 

21-2,662  21 

211,702  21 

8,346,146  21 

11th  CoXGRE3S.] 


No.  336. 


[3d  Session. 


ENCOURAGEMENT    TO    MANUFACTURES. 


COMMUNICATED  TO  THE  SENATE,  JANUARY  22,    1811. 

To  the  honorable  the  Congrest  of  the  United  Slates,  the  memorial  of  the  subscribers,  citizens  of  the  town  of  Lex- 
ington, and  county  of  Fayette,  and  State  of  Kentucky,  respectfully  showeth: 

That  tlie  present  situation  of  the  mechanics  and  manufacturers  of  the  United  States,  is  peculiarly  interesting  to 
the  petiple  generally,  and  well  deserves  the  attention  of  Congress.  In  all  the  acts  and  deliberations  of  your  iionor- 
able  body,  it  appears  to  your  memorialists,  that  a  preililection  for  tiie  interest  of  commerce  has  always  been  disco- 
verable, wliilst  littlehas  been  done  in  favor  of  the  internal  industry  of  the  country.  Your  revenue  system,  it  must 
be  confessed,  has  aflorded  it  some  partial  protection;  but  tiiat  system  appears  to  have  been  calculated  only  for  the 
purposes  of  revenue;  and,  as  powertully  as  it  might  be  made  to  encourage  domestic  manufactures,  no  act  seems  to 
nave  been  adopted  witii  that  view;  on  the  contrary,  commerce  lias  met  with  your  exclusive  protection  and  sup- 
port. To  prove  this,  let  us  refer  to  the  immense  sums  which  have  been  expended  in  the  fortification  of  the  .sea- 
ports; to  the  establishment  of  a  navy;  to  the  expenditures  occasioned  by  our  intercourse  with  foreign  nations;  to  the 
duties  which  have  been  laid  on  foreign  tonnage;  to  the  bounties  which  protect  the  fislieries;  to  the  credits  given  to 
merchants  at  our  custom  houses;  and,  in  fine,  to  the  many  sacrifices  winch  have  been  made  to  commerce.  We  do 
not,  however,  condemn  that  policy  which  gives  bounties  and  protection  to  the  merchant:  nor,  though  local  in  its 
operation,  to  the  support  which  is  attbrded  to  the  fisherman.  We  feel,  upon  those  subjects,  as  American.-,  should 
do.  Remote  as  we  are  situated  from  the  seats  of  commerce,  we  do  not  repine  at  those  regulations  which  are  made 
for  its  benefit,  and  are  content  when  any  species  of  enterprise  and  industry  is  encouraged  by  the  Government:  ibr 
we  know  well,  that  the  United  States  compose  an  extensive  nation;  that  our  citizens  are  scatteretl  over  an  immense 
country,  having  various  soils  and  climates,  with  as  various  pursuits  adapted  thereto;  and  that  a  Government  form- 
ing laws  for  this  population,  must  consult  the  wants  and  necessities  of  each,  and,  by  attending  to  particul.u-s.  pro- 
mote the  general  good  ot  the  whole.  We  complain  only  because  the  protection  and  encouragement  of  industry  is 
not  made  universal,  and  extended  to  every  puisuit  whicli  is  known  in  our  country.  If  it  be  just  in  a  Rej)ublic,  es!a- 
blished  for  the  common  gixxl,  to  give  to  any  one  puisuit  bounties,  encouragement,  and  protection,  we  liold  it  as  an 
undeniable  truth,  that  all  other  pursuits  are  equally  entitled  to  them. 

That  the  industry  of  the  mechanics  and  manufacturers  should  likewise  be  protected,  appears  from  other  and 
powerful  considerations. 

The  rapid  accumulation  of  wealth  which  the  United  States  have  made  since  the  wars  of  the  French  Revolution, 
was  occasioned  by  an  unnatural  extension  of  commerce,  and  an  anna/ural  demand  for  the  productions  of  our  agri- 
culture. The  labor  there  withdrawn  from  agriculture,  the  ravages  of  contending  armies,  and  the  destruction  ol'  tiie 
commercial  navy  of  continental  Europe,  created  a  demand  for  our  produce,  and  gave  such  employment  to  our  siiip- 
ping,  and  such  encouragement  to  our  merchants,  as  to  occasion  that  rapid  accumulation  of  wealth,  and  those  inter-' 
nal  improvements,  which  have  even  astonished  ourselves  and  been  the  wonder  of  the  world.  Upon  tiie  continua.nce 
of  this  slate  of  things,  we  are  not  to  depend.  An  eternal  war  in  Europe  is  not  to  be  expected — the  state  is  unnatu- 
ral; and  experience  shows,  that  one  party  must  give  \\ay  when  its  resources  are  exhausted,  or  it  is  humbled  by  ',hv 
victories  of  its  enemy.  When  this  period  arrives,  what  has  heretofore  been  the  life  of  oui'  industry,  will  no  longer 
animate  it.  and  we  shall  be  compelled  to  look  to  other  resource.^,  to  preserve  the  wealth  which  we  have  acquired. 
But  how  can  it  be  preserved,  if  we  do  not  change  our  system,  and  Congress  does  not  give  anodier  direction  to  the 
industry  of  the  country  r  ^^  here  shall  we  fi  iid  a  market  for  the  pioiluctions  of  our  soil  r  And  where  will  our  shipping 
find  employment.'^ 

A  brief  view  of  the  history  of  our  commerce,  we  conceive,  will  place  this  subject  in  a  proper  point  of  \iew. 

Before  our  Revolutionary  war.  our  markets  were  in  the  dominions  of  Great  Britain,  and  such  of  the  colonies  of 
Euiopean  Powers,  as  we  could  obtain  admittance  into  by  smuggling.  After  the  peace  of  1783,  we  lost  iiie  regular 
market  of  the  former;  and  the  latter  being  precarious  in  its  iiaiure.  was  of  little  moment.  Such  were  the  colonial 
and  commercial  systems  of  Europe,  as  not  to  permit  the  introduction  into  their  dominions,  of  articles  which  they 
could  proiluce  themselves,  unless  in  seasons  of  scarcity:  .-o  that  during  the  period  of  time  which  elapsed  between 
the  acknowledgment  of  our  independence  and  the  commencement  of  the  French  Revolution,  all  of  our  citizens  who 
depended  upon  foreign  commerce,  were  often  reduced  tn  great  distress.  The  importation  of  fi)reign  commodities 
drained  us  of  our  treasures;  and  our  other  commerce  did  not  bring  us  back  a  correspondent  proportion  of  the  pre- 
cious metals.  Have  we  discovered  that  there  exists  in  the  breast  of  the  rulers  of  Europe,  any  disposition  to  aban- 
don, upon  the  return  of  peace,  their  systems  of  commerce.-  P^ven  during  the  wars  which  have  raged  tor  a  few  years 
past,  they  have  renewed  their  prohibitions  whenever  they  could  do  without  us-  In  times  of  peace,  the  Powers  of 
Europe  can  supply  themselves  and  their  colonies  with  all  the  provisions  which  they  may  have  occasion  for.     Tiieir 


466  FINANCE.  [1811. 

colonies  can  rival  us  in  tobacco,  and  in  all  the  raw  materials  which  they  want  for  manufactures.  In  their  ports  we 
are,  therefore,  to  expect  a  permanent  market  for  a  small  part  of  our  productions  only,  and  but  an  uncertain  and  tem- 
porary one  for  the  bulk  ol  them.  Asia  and  Africa  want  nothing  froui  us.  We  hazard  nothing,  then,  when  we  assert, 
that  after  tlie  wars  of  Europe  are  over,  foreign  markets  will  not  bo  found  for  cur  surplus  produce,  and  that  we  shall 
be  compeiletl  to  look  at  home  i'or  tiie  reward  of  our  labor.  Another  tact,  perhaps,  ought  not  to  pass  unnoticed:  Our 
country  is  rapidly  increasing  in  population,  and  its  surplus  produce  for  exportation  luust  increase  in  an  equal  ratio. 
Not  so  the  demand  of  foreign  markets.  AH  ihose  circumstances  combine,  in  the  opinion  of  your  memorialists,  to 
hliuw  the  polity  of  directing  the  industry  of  our  citizens  into  such  channels  as  will  not  be  aftected  by  the  edicts, 
regulations,  and  wars  of  Europe;  anil  Vt  prepare,  in  time,  for  that  change  in  business,  which  must  take  place,  (and  to 
the  general  liistress  of  the  country,)  when  a  peace  there  will  put  an  end  to  our  carrying  trade,  and  destroy  the  mar- 
kets fill-  our  pr(iduce. 

A  change  like  this,  in  the  direction  of  capita!  and  labor,  (it  moreover  appears  to  your  memorialists,)  will  have  a 
beneficial  eilect  upon  our  foreign  relations.  If  our  most  important  market  be  at  home,  so  large  a  proportion  of  our 
property  will  not  be  subjected  to  the  depredations  of  the  pirates  of  ihe  ocean;  anil  the  people,  less  embarrasseil  by 
the  interruptions  of  commerce,  will  more  readily  unite  in  measures  calculated  to  vindicate  the  lionor,  and  assert 
the  rights  of  the  nation.  To  prove  this,  let  us  appeal  to  facts;  the  most  recent,  and  of  course,  the  most  convincing 
have  happened  within  a  fev.' years.  The  edicts  ot  France  and  England,  which  produced  the  embargo,  occasioned, 
also,  the  interrui)non  of  that  commerce,  upon  which  much  labor  depended  for  emphiyment,  the  merchant  foi-  his 
piobts,  and  (he  laimer  for  the  s:\le  of  his  productions.  Some  capital  was  idle,  many  vessels  were  rotting  in  our 
ports,  produce  found  no  market,  and  the  plough  in  some  places  was  abandoned.  Patriotism  would  prompt  us  to 
softer  Jor  our  country.  But  the  sailor  cannot  leod  iiimseli  in  port;  the  fanner  dislikes  to  lose  his  crops;  the  mer- 
chant looks  with  impatience  upon  blasted  prospects  and  ruined  fortunes;  and  few  will  be  content  to  live  on  patri- 
otism, whilst  their  tamilies  are  starving,  {'ad  our  acting  capital  given  life  to  tlomestic  pursuits;  had  it  given  em- 
ployment to  labor;  had  our  provisions  bceii  consumed,  and  our  raw  materials  been  (abiicateil,  by  duinestic  artisans. 
Mislead  of  the  farmer  being  compelled  to  l;)ok  abroad  in  seaixh  of  a  market  foi-  bath,  v,e  should  not  have  felt  so  much 
tlie  pressure  of  the  embargo,  nor  would  our  interest  have  warred  \\it!i  our  patriotis'.n.  This  is  the  course  of  human 
events,  and  history  j)roves,  that  the  rulers  of  nations  have  always  been  obliged  to  accommodate  their  diftlnences 
with  others,  upon  better  or  worse  conditions,  according  as  the  contest  bore  heavy  or  not  upon  tlieir  own  people. 
Were  the  citizens  ot  the  United  Stales,  however,  in  the  situation  alluded  to,  how  different  would  be  the  attitude 
which  our  Government  could  assume.  And  how  much  less  would  foreign  Powers  calculate  upon  exciting  a  clamor 
against  it  by  l!ie  interruption  ol  our  commerce,  or  the  general  stagnation  of  our  business. 

That  the  interest  of  the  country  coincides  with  the  political  and  national  considerations,  which  vve  have  enumerated 
ia  support  ol  domestic  manufactures,  has  been  the  opinion  of  the  most  enlightened  statesmen  of  whom  America  can 
boast,  and,  moreover,  appears,  from  very  obvious  reasons. 

Upon  the  quantum  ol  its  labor,  is  said  to  depend  the  wealth  of  a  nation.  But,  to  create  wealth,  labor  must  be 
productive;  and  those  pursuits,  which  put  most  of  it  info  action,  seem  best  calculated  to  niake  it  so.  There  is  no 
pursuit,  (agriculture  exceptfti,)  which  has  an  effl'ct  of  this  nature,  equal  to  that  of  the  mechanic  and  manufacturer. 
The  maiuitacturer  works  ui)  our  raw  materials,  and  consumes  our  provisions.  What  he  earns  is  kept  at  home,  and 
is  almost  immediately  circulated  again,  by  various  channels,  through  society.  The  merchant  is  by  no  means  so 
useful  a  character;  part  of  his  gains  are  sent  abroad,  and  paid  away  to  foreigners.  The  mechanic  and  manufac- 
turer, likewise,  contribute  lo  make  the  country  really  independent,  by  furnishing  those  supplies  which  we  should 
otherwise  be  dependent  for  on  foreign  nations.  The  nation  which  produces  but  a  small  part  of  what  she  can  con- 
sume, or  grows  but  few  articles,  we  have  ahead)'  seen,  must  always  be  a  dependent  one.  Her  wants  cannot  be 
regularly  supplied,  and  her  business  appears  sulyected  to  embarrassment.  Say,  that  her  pursuit  is  commerce: 
when  that  is  mterrupteii,  as,  lor  example,  it  has  been  for  the  last  sixteen  years  m  Holland,  and  hovy  soon  will  she 
become  impoverished  and  distressed.  Let  her  pursuit  be  exclusively  agriculture;  and  the  depression  of  markets 
(which  has  often  been  the  case,  with  respect  to  our  provisions,  tobacco,  and  cotton,)  will  paralyze  the  industry  and 
enterprise  of  the  nation  AMiereas,  the  multi[)lication  and  diversity  of  pursuits,  would  give  a  country  resources 
which  others  could  not  deprive  her  of;  and  the  industry  ot  one  part  of  it  would  clierish,  invigorate  and  support  thafi 
of  another.  Nor  can  it  be  an  unimportant  considerati<m,  that  the  increase  of  manufactures  v\ould  tend  to  keep  at 
iioitie  the  precious  metals,  the  piincifial  and  the  most  convenient  as  v.  ell  as  the  mobtusei'ul  representative  of  wealth  and 
labor. 

:)esirablo,  however,  as  it  may  be  to  encourage  manufactures,  it  can  be  d(>ne  efiectually  only  by  Congress. 
The  mechanic  ami  the  manufacturer  in  the  United  Slates  has  to  contend  with  obstacles  unknov-'u  to  the  foreigner.  The 
British  manuiacturer,  his  great  competitor,  is  protected  by  prejudice,  by  iUc  course  of  business,  by  the  low  price  of 
labor,  and  the  skill  ot  his  workmen,  but  above  all,  by  the  strength  of  his  capital,  and  the  bounties  and  encourage- 
ment given  1v)  him  by  his  (iovernment.  And  upon  almost  all  heavy  articles,  as  to  which  an  American  has  the  best 
opportunity  of  rivalling  him,  those  boimllrs  and  encouragements  are  more  thun  eqnalto  the  freight,  charges  and  in- 
surance upon  the  inanufaelured  article.  The  American  manufacturer  is  at  present  poor;  lie  has  buildings  to  erect, 
workmen  to  teach,  and  powerful  prejudices  to  overiome:  his  limited  capital  often  makes  it  necessary  for  him  to 
force  markets,  whilst  his  opponent  can  wa;t  for,  or  command  one  at  pleasure.  Indeed,  it  is  to  be  feared,  that  the 
foreigner  will  |)urposely  seek  opportuniti;  s  to  depress  markets,  in  order  to  remove  the  American  out  of  his  way. 
^uch  have  often  been  the  effects  of  (he  jealousy  of  trade.  Permit  us,  whilst  upon  this  sulject,  to  remind  your  hon- 
orable body  of  the  celebrated  contest  between  the  British  and  Dutch,  with  ti'.e  imperial  East  India  Company;  where  the 
former,  by  depressing  the  prices  of  commoditie-',  suceeded  in  annihilating  or  i-uinitig  the  latter,  supported  as  it  was 
by  the  weight  and  treasures  of  the  emperor  Joseph;  a  fate  which  may  attend  many  establishments  in  America. 

When  we  ask  for  adequate  protectiims  from  (,'ongress  to  our  own  inanulactures,  we  are  aware  of  jealousies  which 
will  be  excited  against  us.  Why,  it  will  be  asked,  tax  one  portion  of  the  people  to  benefit  another.*^  We  an»wer, 
for  the  benefit  of  the  whole,  and  lo  ecpialize  the  imposts  which  are  laid  to  support  Government.  Imposts,  levied 
with  this  view,  is  but  taking  from  one  pocket  what  is  abundantly  repaid  to  the  other.  Wh;itevcr  gives  life  to  the 
domestic  industry  of  the  country,  benefits  every  man  in  it.  ^'I'hatever  sums  are  paid  to  keeji  our  resources  at  liome 
is  not  lost.  As  in  the  human  frame,  it  is  like  the  veins  returning  blood  to  the  heart,  whereby  the  whole  system  may  be 
replenished.  Such  are  the  lessons  furnished  by  experience.  How  h;is  Great  ilritain  become  t'le  tirst  commer- 
cial and  manufacturing  nation  in  the  world?  By  her  superiiu'  arts  and  industry?  No!  In  these  she  is  rivalled  by 
her  great  competitor.  '  Jiy  her  system  of  restriction  and  prutcelion.  By  those  regulations  wliich  encourage  her  own 
commerce  and  manufacfures,  and  by  depi-essing  those  ol  foreign  nations.  What  she  can  make  and  produce  herself, 
she  suffers  no  country  to  supply  her  with.  Bythese  means,  she  has  made  the  industry  of  nil  nations  her  tjibntary, 
and  by  these  means  she  has  monopolised  the  commerce,  and  manufactured  for  the  world.  But  the  effect  of  our  own 
discriminating  duties  u|)!!ii  foreign  tonnage,  and  that  protecting  system  which  has  raised  tlie  fisheries  of  New  Eng- 
land from  insignificance,  to  be  the  first  in  the  world,  show  suibciently  the  effects  produced_upon  the  industry  ot  a 
nation  by  this  system  of  restriction  and  protection.  Admitting,  however,  that  a  system  like  this  may  operate  as  a 
tax  upon"  the  industry  of  one  part  of  Ihe  country,  at  the  expense  of  another,  it  cannot  long  be  so.  When  the  domes- 
tic manufacturer  shall  have  acquired  experience,  and  his  laborers  are  completely  instiucted  in  (heir  business;  and 
when,  by  industry  and  success,  he  shall  have  acquired  capital  sufiicient  to  enable  him  to  extend  Ids  business:  the 
natural  effect  will  be,  to  reduce  his  prices  to  a  very  moderate  profit;  and  lower,  often,  than  what  the  same  article 
could  be  afforded  for  from  abroad. 

But  would  not  good  p  ilicy  dictate,  that  the  United  States  should  meet  restricti(ui,  by  restriction  and  contend  in 
this  way  against  allnations  who  wish  to  make  our  labor  and  industry  tributary  to  them?  Shall  we  not  be  blind  to  our 
own  interest  if  we  omit  doing  so?  Repeatedly  have  our  public  char.jcters  declared,  that  manufactures  should  be  encour- 
aged: and  praised  have  those  citizens  often  been  who  have  established  them.  But  they  must  have  something  more  sub- 
stantial to  support  them  than  praise.  If  foreign  Governments  can  prevent  them  (as  we  have  shewn  they  can,  and  proba- 
bly will  <lo)  from  being  productive  to  the  proprietors,  experience  will  show  the  manufacturer,  (hat  his  money  has  been 


1811.] 


BANK   OF  THE   UNITED  STATES. 


407 


expended  in  vain;  and  ill  success  will  deter  others  from  flie  same  pursuit.  This  latter  consideratidn,  we  hope  v.ill 
have  its  due  weight  with  Congress,  especially  when  the  circumstances  are  recollected  under  wliich  our  .most  con- 
siderable manufactories  were  established.  The  iion-imporlalion  act,  but  |)aiticulaily  tl-.c  enibarpi  act,  by  infer- 
rupting  the  trade  (sf  Europe,  created  a  demand  J'or  articles  which  could  not  be  obtained  from  abroad,  and  to  supply 
which  many  workshops  were  erected.  Out  o!"  one  establishment  arose  another.  If  Congress  are  dispos(>d  to  en- 
courage them,  now  ifi  ihe  time.  A  moment  so  liivorable  to  do  so  may  not  occui-  for  years;  since  many  citi'/.ens  aic 
disposed  to  engage  in  them,  if  th()>e  which  are  erected  prove  successful.  Success  crowtis  every  step  with  popu- 
larity, and  produces  imitators  and  followers;  whereas,  misfortune  has  a  contrary  effect.  Damped  would  this  spirit 
be,  if  the  expected  settlement  of  our  i.'itterences  with  foreign  nations,  were  to  occasion  such  an  inllux  of  foreign 
commodities  as  to  undersell  our  manutiaturers.  I'hen  tho>e  buililings,  woikshops  and  warehouses.  ii|n(n  which  so 
much  labor  and  money  has  been  expeiided,  would  lie  wasti .  and  their  pro|)iiel;.rs,  wiili  llie  loss  ol'  pui>e.  would  have 
the  adtlitional  mortitication  of  being  considered  merely  as  projectors. 

But  should  our  disputes  with  foreign  nations  end  in  wai-,  and  at  this  monicint,  when  new  codes  of  mariiime  law 
are  hourly  prociaiineil,  am!  the  peacelul  pursuits  of  all  neutral  nations  are  interrupted  by  the  great  belligerent  Pow- 
ers of  Europe;  when  old  States  are  daily  overturned,  and  new  kingdoms  are  as  often  erected;  we  cannot  calculate 
upon  preserving  peace  for  a  moment:  woukl  not  a  Ciuigressional  act  for  the  permanent  su|)port  of  the  mechanics 
and  manufacturers  of  the  countiy  much  encourage  those  citi/.ens  who  aie  dispor cd  to  devote  their  capital  to  those 
pursuits,  and  as  much  assist  our  Goveiiimeiit  in  the  vigorous  prosecution  of  wm?  You  liave  made  prctvision  fur  the 
permanent  support  of  a  navy;  and  in  any  war  in  which  you  might  engage,  this  must  be  used  as  a  gi-eat  means  to 
annoy  an  enemy.  Your  navy,  as  well  as  (he  shipping  of  the  United  States,  have  heretofore  depended  upon  foreign- 
ers for  the  supply  of  cordage  and  sail  cloth.  You  must  have  clothing  also  for  the  navy  and  army,  and  depend  upon 
the  internal  resources  of  the  country  for  the  supply  of  those  articles.  The  peo|)le  must  likewise  depend  upon  the 
home  market  for  the  supply  and  sale  of  eveiy  thing. 

The  mechanic  and  manufacturer,  with  the  protection  which  Congress  could  promise,  would  work  witii  spirit, 
confidently  expecting  a  constant  remuneration  for  their  labor.  Whether,  however,  this  protection  should  be  atlbrd- 
ed  by  bounties,  or  by  prohibitory,  or  protecting  duties  upon  all  articles  which  the  countiy  can  pr(;duce,  or  in 
whole  or  iri  part  by  loans,  as  recommendeil  by  the  present  Secretary  of  the  Treasury,  the  subscribeis  will  not  pre- 
sume to  point  out.  ^Ve  will,  however,  state  that,  as  capital  is  much  wanted  by  mechanics  and  manufacturers,  a 
combination  of  those  means,  m'ght  be  atteniled  with  salutary  effects. 

As  citizens  of  the  State  of  Kentucky,  permit  us  to  add  a  few  considerations,  arising  out  of  the  local  situation  oi" 
our  country.  Kentucky  is  rich  in  soil,  but  remotely  situated  from  the  seats  of  commerce.  Her  proximity  to  In- 
diana and  Ohio,  subjects  her  tocontinual  drains  of  treasure  for  the  purchase  of  United  Stales'  lands.  Large  sums 
of  money  are  annually  sent  off  for  foreign  productions;  and  the  merchants  of  the  United  States,  who  are^he  real 
collectors  of  the  revenue,  pay  our  duties  to  the  treasury.  Protected  as  we  are  by  the  strong  arm  of.  and  attaclied  to, 
the  Union,  with  this  arrangement  we  are  satisfied.  But  when  the  fisheiies  of  New  England  aii?  not  only  protected 
by  duties,  but  encouraged  by  bounties;  when,  comparatively  speaking,  no  public  moneys  aie  expended  here,  but  all 
at  Washington  and  on  the  seaboard,  tor  the  support  of  Government  and  the  protection  ot  a  commerce,  in  wiiich,  from 
our  local  and  insular  situation,  we  cannot  participate;  we  think  we  have  a  rightful  ami  ju»t  claim  to  some  indennifi- 
cation;  and  this  can  only  be  given  to  us  by  encouraging  and  protecting  our  internal  industry. 

Wherefore  we  pray  that  Congress  will  fake  this  subject  into  consideration,  and.  as  in  duty  bound,  we  -.hail 
ever  pray,  &c.  LEWIS  SANDERS. 

.^n;/  one  Imndred  and  tivelve  others. 


lull  Congress.] 


No.  -337. 


[.Id  Skssiox. 


BANK  OF    r  H  E   U  N  1 T  E  D   S  T  A  T  E  S . 

COMMUNICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,    JANUARY    2'2,    1811. 

//(  the  Gem  rul  Assembly  of  tlic  Commonweulth  of  Pennsylvania. 

The  People  of  the  United  States,  by  the  adoption  of  the  Federal  Constitution,  established  a  General  Govern- 
ment for  special  purposes,  reserving  to  themselves,  respectively,  the  rights  and  authorities  not  delegated  in  that  in- 
strument. To  the  coiiipact  thereby  cieated,  each  State  acceded,  in  its  character  as  a  State,  and  is  a  party:  the  Unit- 
ed States  forming,  as  to  it,  the  other  party.  The  act  of  union,  thus  entered  into,  being,  to  all  intents  and  purposes, 
atreaiy  between  sovereign  Slates.  The  General  Government,  by  this  treaty,  was  not  constituted  the  exclusive  or 
final  judge  of  the  powers  it  was  to  exercise:  for  if  it  were  so  to  judge,  then  its  judgment,  and  not  the  constitution, 
would  be  the  measure  of  its  authority. 

Should  the  General  Government,  in  any  of  its  departmeiiis,  violate  the  provisions  of  the  constitution,  it  rests  with 
the  States,  and  with  the  People,  to  apply  suitable  remedies. 

With  these  impressions,  the  Legislature  of  Pennsylvania,  ever  solicitous  to  secure  an  administration  of  the  Fe- 
deral and  State  Governments,  conformably  to  the  true  spirit  of  their  respective  constitutions,  feel  it  their  duty  to 
express  their  sentiments  upon  an  impartant  subject  now  before  Congress,  viz:  tlie  continuance  or  establishment  of  a 
bank.  From  a  careful  review  of  the  powers  vested  in  the  General  Governincnt,  they  have  the  most  positive  con- 
viction, that  the  authority  to  grant  charters  id'  incorp:)ration,  within  the  jurisdiction  of  any  State,  without  the  con- 
sent thereof,  is  not  recognized  in  that  instrument,  either  expressly,  or  by  any  warrantable  implication:     Thei-efore. 

He-Solved  by  Ihe  Senate  and  House  of  Reprc^entalires  of  the  CommomveaJth  of  Pennsylvania,  in  General  Assem- 
bly met,  That  the  Senators  of  this  State,  in  the  Senate  of  the  United  States,  be.  and  they  are  hereby,  instructed, 
and  the  Representatives  of  this  State,  in  the  House  of  Representatives  of  the  United  States,  be.  and  they  hereby 
are,  requested,  to  use  every  exertion,  in  their  power,  to  prevent  the  charter  of  the  Bank  of  the  I'nited  States  irom 
being  renewed,  or  any  other  bank  iiom  being  cliartcied  by  ("ongress,  designed  to  have  operation  within  the  juris- 
diction of  any  Stale,  withi)ut  first  having  obtained  the  consent  of  the  Legislature  of  such  State. 

Resolved.  That  the  Governor  be,  and  he  hereby  is,  recpiested,  to  forward  a  copy  of  the  above  preamble  and  reso- 
lution to  each  of  liie  Senators  and  Representatives' of  ihis  State  in  the  Congress  of  the  United  States. 

.lOIIN   WEBER,  Speaker  of  the  House  of  Representatives. 
P.  C.  LANE,  Speaker  of  the  Senate. 


Read  and  adopted.     Attest: 


Read  and  adopted.     Attest: 


In  the  House  of  Representatives,  January  11,  1811. 
GEORGE  HECKERT,  Clerk  of  the  House  of  Representatives. 

In  Se7uile.  January  11,  1811. 
JOSEPH  A.  M'JIMSEY,   Clerk  of  the  Senate. 


468  FINANCE.  [1811. 


nth  Congress.]  ,  No.    338.  [3d  Session. 


BANK   OF   THE  UNITED    STATES. 

COMMUKICATED    TO    THE     HOUSE    OF    REPRESENTATIVES,   JANUARY    24,     1811. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  resolution  of  the  House  of  Representatives,  of  the  16th  instant, 

respectfully  submits  the  following  report: 

The  Secretary  of  the  Treasury  is  directed,  by  the  resolution  aforesaid,  to  lay  before  the  House— 

1.  A  list  of  the  directors  of  the  Bank  of  the  United  States,  and  of  its  sever  al  branches. 

3.'  A  statement  of  tlie  stock  held  by  foreigners,  and  in  what  countries;  and  of  the  stock  held  by  citizens,  and  in 

what  States  and  Territories.  ,.,-.,,,,•  x-       •  i  •      .u  i  •  ■. 

3.  The  amount  of  specie,  according  to  the  last  returns,  ni  the  vaults  ot  the  bank;  distinguishmg  the  part  which 
belongs  to  the  bank,  the  portion  belonging  to  individuals,  and  to  the  United  States.  ,         .       ■ 

It  is  enacted,  by  the  sixteenth  provision  ot  the  seventh  section  ot  the  act  to  incorporate  the  subscribers  to  the 
Bank  of  the  Uni'ted  States,  that  "The  officer  at  the  head  of  the  Treasury  Department  of  the  United  States  shall  be 
furnished  i'nmi  time  to  time,  as  often  as  he  may  require,  not  exceeding  once  a  week,  with  statements  of  the  amount 
of  the  capital  stock  of  the  said  corporation,  and  of  the  debts  due  to  the  same;  of  the  moneys  deposited  therein;  of 
the  notes  in  circulation,  and  of  the  cash  in  hand;  and  shall  have  a  right  to  inspect  such  general  accounts  in  the  books 
of  the  bank  as  shall  relate  to  the  said  statements:  Provided,  That  tins  shall  not  be  construed  to  imply  a  right  of  in- 
specting the  account  of  any  private  individual  or  individuals  with  the  bank."  .     ,^      ,     o 

No  other  but  general  statements,  such  as  are  enumerated  in  that  clause  ot  the  act,  can  be  required  by  the  Secre- 
tary of  the  Treasury,  or  have  been  i'urnislied  by  the  bank.  And  these  include  neither  the  names  of  the  directors 
nor  the  names  or  place  of  residence  of  the  stockholders.  ,.        ,    .  ,  .    , 

On  the  subject  of  directors,  no  statement  whatever  is  ever  made;  and  in  relation  to  the  capital  stock,  its  gross 
amount  and  the  portion  allotted  to  each  branch,  are  the  only  particulars  whicii  can  be  required,  or  are  exiiibited  in 
the  statements  transmitted  to  this  office.  It  was  ascertained,  some  years  ago,  from  an  autlientic  source,  that  near 
three-fourths  of  the  stock  (about  1,800  shares)  were  held  by  foreigners;  and  the  tact  though  not  officially  communi- 
cated to  this  department,  was  stated  in  the  report  respectaig  the  bank,  made  to  the  Senate,  on  the  second  day  of 
March,  1809.  No  subsequent  or  other  information  has  been  obtained  on  tliat  subject;  and,  with  very  tew  excep- 
tions   the  names  of  the  directors  and  stockholders,  either  abroad  or  in  the  United  States,  are  unknown  to  the  Se- 

The' specie  in  the  vaults  of  the  bank  and  its  branches  amounted,  according  to  the  last  returns,  to  5,009,567  dol- 
lars- the  whole  of  which  was,  strictly  speaking,  the  property  of  the  bank,  and,  together  with  the  debts  due  to  tliat 
body  constituted  the  fund  from  which  its  own  debts,  including  both  bank  notes  and  deposites,  must  be  paid.  The 
sura  deposited  by  the  Treasury  into  the  bank  and  its  branches,  amounted,  by  the  last  return  of  the  Treasurer,  dated 
21st  instant,  and  marked  A,  herewith  transmitted,  to  1,930,000  dollars;  and  that  deposited  in  other  banks,  to 
875  462  dollars;  making,  together,  the  balance  in  the  treasury  on  that  day,  2,805,463  dollars.  The  total  amount 
of  deposites  by  Government,  by  other  banks,  and  by  indviduals,  into  the  Bank  of  the  United  States  and  its  branches, 
appears  by  the  last  received  returns,  to  be  8,464,770  dollars.  And  the  statements  B,  B  2,  and  B  3,  herewith  trans- 
niitted,  and  extracted  from  the  latest  returns  received  at  this  office  from  the  bank  and  trom  the  Treasurer,  exhibit  a 
o-eneral  view  of  the  situation  of  the  bank,  and  of  all  the  objects  embraced  by  the  third  part  of  the  resolution  of  the 

It  appears  from  these,  that  the  debts  due  by  the  bank,  and  payable  on  demand,  including  botli  every  species  of 
deposites  and  bank  notes,  amount  to         ------  -        $13,673,369 

And  that  the  resources  of  the  bank  to  meet  those  demands,  consist  of  the  following  items,  viz: 

1    Specie,  bank  notes  of  other  banks,  and  balance  due  in  account  by  other  banks,  payable  to  tlie  bank  on  demand 

(including  also  25,804  dollars  in  funded  debt  and  drafts  im  collectors,  which  may  be  considered  as  specie,)    $6,322,857 
2.  Loan  to  the  United  States,  payable  on  giving  three  months' notice,  -  -  -      2,750,000 

3    Notes  discounted  at  sixty  days,  and  due  by  individuals,   (including  31,342  dollars  overdrawn  in 

Charle'ston  ----------    14,609,537 

Making  an  aggregate  of  -  -  -  $23,683,394 

The  act  to  incorporate  the  subscribers  to  the  Bank  of  the  United  States  does  not,  itself,  expire  by  any  positive 
clause  of  limitation:  but  it  is  enacted  by  the  third  section  of  the  act,  that  the  subscribers  shall  be  a  conioration  and 
body  politic,  and  so  continue  until  the  4th  day  of  March,  1811.  It  is  presumed  that  some  means  will  be  devised, 
either  by  Government  or  by  the  bank,  whereby  the  debts  due  to  and  from  the  corporation,  may  be  collected  alter 
that  day  So  far  as  relates  to  the  treasurv  deposites,  no  inconvenience  can  arise,  as,  in  any  event,  the  loan  obtained 
from  the  institution  is  a  sufficient  pledge  for  their  payment.  But  a  doubt  may  arise,  from  the  manner  in  wiuch  the 
actis  expressed,  whether,  under  the  10th  section,  the  bank  notes  still  in  circulation  will  not  continue  to  be  receivable 
in  all  payments  to  the  United  States.  The  propriety  of  some  provision  which  may  remove  any  doubt  on  the  subject, 
or  otherwise  prevent  the  inconvenience  resulting  from  that  construction  of  the  act,  is  respectfully  suggested. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  January  23,  1811. 


Cash  in  (ht  different  Banks  and  offices  of  Discount  and  Deposite. 

Bank  ofthe  United  States,        ----------  $392,90924 

Columbia,         ------            -----            -  115.193  92 

Alexandria, -            -  61,917  90 

Newport,          .            -            - _            .  35,788  55 

Pittsburg. -             -  137,442  11 

Roger  Williams,           .       --.             -             .             -             -             -             -             -             -  53,882  79 

Pennsylvania,  -----------  92,628  17 

Manhattan, -  If-f 0  32 

Corn                        -----------  -so, D*to   34 

Maine, 50,747  58 

Marietta, 19'601  62 

Kentucky, -           -  91,061  53 


1811.] 


BANK    OF    THE    UNITED    STATES. 


4G9 


Office  of  discount  and  deposite,  Washington, 

Norfolk, 
Boston, 
New  York,  - 
Baltiniore, 
Charleston,   - 
Havannah, 
New  Orleans, 


Treasury  of  the  United  Statks,  Januury  21,  1811. 
Albert  Gallatin,  Esq.,  Secretary  nf  the  Treasury. 


$101,895  r..-. 

If}, 483  7(5 

311,051  17 

025,117  01) 

U»y,201  28 

3(;,(;i5  03 

4!),G91  (33 

166,701  55 

$2,805,162  03 


THOMAS  T.  TICKER,  Treasurer 


B. 


Statement  of  tlie  firnis  of  ihe  Bank  of  (lie  United  Stales^   as  ex/iibitcd  by  the  latest  bank  returns  received  by  Uic 

Secretary  of  the  Treasury. 


Bills  and  notes 

Due  by  banks. 

Notes  of  other 

discounted. 

banks. 

Specie. 

"Sundries. 

Bank  United  States,  Jan 

.  15,  1811, 

$1,981,373  00 

$79,177  00 

$137,570  00 

$1,407,373  00 

(aM 

ii2,764.338  00 

Branch  at  Boston, 

5,      " 

1,138,923  59 

61,000  00 

45,610  00 

474.497  38 

(b.) 

466  01 

New  York, 

12,       " 

3,919,628  98 

76,420  00 

- 

571,520  42 

Baltimore, 

12,       " 

1,108,542  36 

330,451  54 

86,292  71 

604.398  46 

Washington. 

12,       " 

412.161   60 

146.376  86 

16.465  84 

297,615  83 

Norfolk. 

5,       '• 

713,721  40 

3.300  31 

28.362  60 

307,590  40 

(b.) 

11.000  00 

Charleston,  Dec 

.29,1810, 

935,713  92 

180,000  00 

24,000  00 

459,181   62 

(c.) 

31,242  48 

Savannah, 

29,      " 

768,681  97 

- 

21,225  00 

602,879  41 

New  Orleans. 

8,      " 
Dollars, 

599,544  44 

11,416  03 

33,815  00 

284.504  58 

14,578,294  26 

894,144  77 

393,341    15 

5,009,567   10 

2,807,046  49 

(o.)   viz:  Loan  to  the  United  SbUes, 
Funded  debt. 


S2,750,000 
14,338 


■$2,764,338 


The  lust  item  (funded  debt)  stands  on  the  treasury  books  at  $23,066  23.     Whence  the  difference  arises  is  not  known. 
(6.)  Treasury  drafts,  not  yet  collected, 
(r. )  Amount  overdrawn  by  the  late  commissioner  of  loans,  at  Charleston. 


B 


Statement  of  the  debts  due  by  the  Bank  of  the  United  Slates,  as  exhibited  in  the  latest  bank  returns,  and  t/te 
return  of  the  Treasurer  of  the  United  States,  received  by  the  Secretary  of  the  Treasury. 


latest 


DEPOSITES 

RY 

RANK  NOTE?. 

(o.)Treasury 
U.  States. 

Banks. 

Individuals. 

Issued. 

On  hand.       '"  ,^."-^"1^- 
1        tion. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Bank  United  States.  Jan 

15.  1811. 

$392,909  24 

140,765  00 

[b.)  2,560.864 

25 

1,687,893 

126.060  00 

1.561.833  00 

Branch  at  Boston. 

5,     " 

341.054  47 

241,000  00 

825.000 

11 

435.680 

259.248  39 

176.431   61 

New  York, 

12,     •' 

625.417  09 

29,860  00 

878,451 

11 

1.254,530 

176,510  00 

1.077.990  00 

Baltimore, 

12,     " 

199.201   28 

21.5,991  23 

84,057 

38 

371.865 

210,822  56 

161.042  44 

Washington, 

12,     '• 

101,895  55 

6,731  78 

539.993 

01 

297.860 

36.414  83 

261,445   17 

Norfolk,' 

5.     " 

16.483  76 

- 

112.303 

28 

283,900 

77.232  00 

206,668  00 

Charleston,  Dec 

.29,1810, 

36.645  03 

- 

491,678 

93 

802.735 

12,500  00 

790.235  00 

Savannaii. 

29,     '• 

49,691   63 

- 

196,854 

86 

825.950 

216,610  00 

609.340  00 

New  Orleans, 

8.     " 
Dollars, 

166,701  55 

- 

211.219 

87 

192,140 

- 

192,140  00 

] 

1,929,999  60 

634,348  01 

5,900.122 

83 

0.152.553 

1.115.427  78j  5,037,125  23 

(a.)  Taken  from  the  Treasurer's  cash  return,  of  the  21st  Januarj^  181 1. 

(i.)  Including-  $291,751  25,  belong-ing-  to  the  W:u-  and  Navy  Departments,  and  the  Sinking  Fund. 

B3. 

General  state  of  the  Bank  of  the  United  States,  and  its  Branches. 


Discounts.     ------- 

Loan  to  the  United  States,  -  -  -  . 

Funded  debt,  ------ 

Overdrawn  by  the  late  commissioner  of  loans,  Charleston, 
Treasury  drafts  not  yet  collected.  -  .  . 

Due  by  other  banks  in  account,       -  -  -  - 

Notes  of  other  banks  on  hand,         .  -  .  . 

Specie,  .  -  .  -  .  .  - 

Real  estate,  ------ 


$14,578,294  26 


$2,750,000  00 
14.338  00 
31,242  48 
11.466  01 

894,144  77 
393.341    15 


2.807,040  49 


1.287.485  93 
5,009.567   10 
500,652  77 

$24,183,046  54 


60 


tt 


470 


FINANCE.  [1811. 


Capital  stock,      .      -  -  -  -  '  "  "  -  "  '.    ^     ',      $10,000,000  00 

Notes  in  circulation,  ..--..-..  $5,037,125  22 

Deposites  by  Government,  .  -  .  -  .  $1,929.999  00 

^  Banks, 634,.^48  01 

Individuals,     ------  5,900,422  83 

8,464,770  44 

Balance  of  outstanding  drafts  on  bank  and  branches,  -  -  .  -  171,473  17 

13,673,368  83 

Undivided  surplus,  applicable  to  last  dividend,  and  to  cover  losses  o:i  buildings  and  debt?,  -  509,677  71 

$24,183,046  54 


nth  CoNGREse.J  No.  339.  •  [3d  Session. 


BANK    OF   THE   UNITED   STATES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPUESENTATIVES,  JANUAllY   26,   1811. 

The  General  Assembly  of  Virginia  view,  with  the  most  serious  concern,  the  late  attempts  which  have  been 
made  to  obtain  from  Congress  a  renewal  of  the  charter  incorporating  the  liank  of  the  United  States. 

This  Assembly  are  deeply  impressed  with  the  conviction,  that  tlie  original  grant  of  that  charter  was  unconstitu- 
tional; that  Congress  have  no  power,  whatever,  to  renew  it;  and  that  the  exercise  of  such  a  power  would  be  not 
only  unconstitutional,  but  a  dangerous  encroachment  on  the  sovereignty  of  the  States:  Therefore. 

Resolved,  That  the  Senators  of  this  State,  in  the  Congress  of  the  United  States,  be  instructed,  and  our  Repre- 
sentatives most  earnestly  requested,  in  the  execution  of  their  duties,  as  faithful  rept;esentatives  of  their  country,  to 
nse  their  best  efforts  in  oi)posing,  by  every  means  in  their  power,  the  renewal  of  the  charter  of  the  Bank  of  the 
United  States. 

yanwaJ•w22(^  1811.    Agreed  to.  ROBERT  TAYLOR.  Speaker  of  the  Senate. 

"  3S.  a AmiOim,  Speaker  qf  the  Hovseqf  Delegates. 

Teste: 
J.  Pleasants,  Jun.  Clerk  qfthe  Home  of  Delegates. 


Uth  CoNORESg.-]  Nq.  340.  [3d  Session. 

BANK    OF    THE   UNITED    STATES 

^  COMMUNICATED  TO  THE  SENATE,  ON    THE  3IST  OF  JANUARY,    1811. 

To  the  Senate  and  House  of  Representatives  in   Congress  of  the  United  States,  the  memorial  qf  the  svbscribcrSj 

citizens  of  Philadelphia,  respectfully  showeth: 

That  it  is  with  increasing  solicitude,  and  tiie  deepest  concern,  tliat  your  inemorialists  reiterate  their  petition  to 
Congress  for  a  renewal  of  the  charter  of  the  Bank  ot  the  United  States.  With  the  extreme  of  anxiety  have  they 
awaited  the  decision  of  this  most  important  question,  and,  with  real  distress  do  they  witness  the  ascendancy  of  sen- 
timents opposed  to  the  continuance  of  the  bank.  Before  a  final  determination  siiall.  however,  cxchute  all  hope, 
they  deem  it  their  indispensable  duty  to  lay  before  you  a  view  of  the  distress  which  has  already  commenced,  and  of 
the  wide  spreading  ruin  which  has  been  but  faintly  anticipated,  but  the  certainty  of  which  is  now  plain  to  every  eye, 
and  to  accompany  this  view  with  their  renewed  and  urgent  entreaties,  that  this  overwhelming  mischief  may  yet  be 

Your  memorialists  experience  within  themselves,  and  learn  with  calamitous  certainty  from  abread,  that,  iVom 
the  uncertainty  and  suspense  of  the  public  mind,  and  an  apprehension  of  the  evils  which  must  ilow  from  a  dissolu- 
tion of  the  bank,  confidence  is  visibly  and  substantially  imp;iired,  and  credit  almost  suspended.  From  a  neighbor- 
ing and  lister  city,  the  most  distressing  intelligence  assures  them,  that,  as  against  the  evils  of  this  absence  of  confi- 
dence and  suspensiim  of  credit,  even  extraordinaiy  resources  aft'ord  no  security. 

It  has  become  too  plain  to  admit  of  doubt,  with  the  most  increilulous,  that  confidence  and  credit  arc  intimately 
and  essentially  connected  with  the  continuance  of  the  Bank  of  the  United  States,  and  that,  if  they  are  prostrated 
by  the  dissolution  of  that  institution,  the  country  must  experience,  to  its  lasting-  reproach,  and,  perhaps,  its  incura- 
ble injury,  a  general  disregard  of  pecuniary  engagements.  Your  memorialists,  therefore,  consider  it  as  a  fact  no 
lon'^er  doubtful,  or  disputable,  that,  if  the  bank  be  dissolved  at  the  expiration  of  its  piesent  charter,  and,  in  trutii, 
unless  the  public  confidence  be  speedily  restored,  universal    distress  and  incalculable  loss  must  and    will  prevail. 

Your  memorialists  do  not  conceive  that  they  are  pleading,  particularly,  the  cause  of  the  Bank  of  the  United 
States  nor  that  of  a  few,  or  even  many  individuals,  by  counnercial  relation  connected  with  the  bank.  They  do 
not  conceive,  that  it  is,  merely,  the  cause  of  a  few  commercial  towns  and  cities,  or  ol  a  scanty  portion  of  our  popu- 
lation but,  that  it  is  a  cause  and  a  question  with  which  are  connected,  and  in  which  are  involved,  interests  of  the 
hi^hes't  import,  extending  through  the  whole  community.  The  direct  effect  of  an  event  impairing  confidence  and 
ci-edit  unquestionably  is,  upon  the  merchant  and  trader;  they,  and  thfir  immediate  connexions,  are  the  first  to 
suffer;'  but  the  evil  must  pervade  the  country.  They,  therefi)re,  feel  themselves  justified,  on  such  an  occasion,  and 
at  such  a  crisis,  in  the  most  earnestand  urgent  terms  again  to  address  you. 

From  the  pressing  and  peculiar  exigencies  of  the  time,  brought  about  by  the  fear  of  a  dissolution  of  the  bank, 
and  from  a  perfect  persuasion  of  the  near  approach  of  all  the  evils  which  have  been  anticipated,  your  memorialists 
have  deemed  themselves  bound  to  make  this  appeal  to  your  wisdom,  and  to  present  it  by  a  deputation  of  their  fellow- 


1811.]  PROTECTION   TO   MANUFACTURES.  471' 


citizens.  This  deputation,  intimately  acquainted  ui(!i  the  situation,  sentiments,  and  feelings  of  your  memorialists, 
they  respectfully  request  may  be  heard  by  counsel,  on  tiiis  momentous  subjeel.  Finally,  it  is  the  earnest  and  press- 
ing prayer  of  your  memorialists,  that  eHectual  means  may  be  immediately  adopted  to  restore  public  conlidence,  by 
a  renewal  of  the  charter  ot  the  Bank  of  thi-  United  Hlates,  for  a  term  which  shall  assure  its  duration;  or,  if  that  be 
not  granted,  that  the  public  sutVering  may  be  alleviated  by  a  continuance  of  the  institution  for  a  period  which  will 
permit  it  gradually  to  close  its  concerns. 

JOSEPH  NORTH, 
^ind  eight  Inmdred  and  .sixiy- seven  others. 


lUh Congress.]  ]Vo.  341.  [3d    Session. 

PROTICCTION    TO  MANUFACTURES. 

COMMUNICATED    TO    THE    HOUSE    OV    REPRESENTATIVES,    JANUARY    31,    1811. 

To  the  Honorable  Senate  and  JIoiisc  of  Reprennntatives  of  the  Congress  of  the  United  States,  the  peiilinn  of  the  un- 
dersigned mani/farturers  ofinorocro  leather,  so  called,  in  the  town  ofCharlestown,  in  the  Stale  of  Massachusetts, 
hundjly  slioius: 

That  there  is  annually  manufactured,  within  the  United  States,  nearly  eisht  hundred  thousand  skins,    into  what 
is  commonly  called  morocco  leather.    'I'liat,  of  this  quantity,  one  hundred  and  fifty.thousand  skins  are  annually  manu 
factured  in  said  town  ofCharlestown. 

That  the  principal  article  used  in  said  manufacture  is  the  sumach,  which  is  a  plant  indigenous  to  this  country; 
and  that,  in  the  collection  and  preparation  of  said  plant,  and  in  the  various  processes  of  the  said  manufacture,  many 
people  are  employed,  most  of  whom  depend  on  such  employment  for  their  daily  bread. 

That  the  quantity  of  said  article,  manufactured  as  aforesaid,  is  apprehended  to  be  fully  sufficient  for  the  de- 
mand in  this  country,  and  is  capable  of  an  unlimited  extension;  and  that  the  quality  thereof  is  equal,  if  not  superior, 
cither  in  point  of  beauty  or  durability,  to  any  produced  in  foreign  countries,  not  excepting  Morocco  itself,  where  said 
manufacture  was  tirst  invented.  That,  notwithstanding  the  ample  supply  of  said  article,  manufactured  in  these 
State,  there  have  been  imported  thereinto,  annually,  great  quantities  of  morocco  leather,  by  reason  of  which  the 
markets  have  been  overstocked,  and  the  article  sold  at  a  price  at  which  it  cannot  be  afforded.  That,  by  this  means 
your  petitioners  are  greatly  discouraged,  and.  should  the  practice  continue,  they,  and  all  others  who  are  engaged  in  the 
same  business,  in  this  country,  will  be  compelled  to  abandon  it,  and  be  thereby  reduced  to  great  distress. 

Your  petitioners  beg  leave  further  to  represent,  that,  before  the  introduction  of  the  manulacture  of  this  article 
here,  large  sums  were  annually  exported  to  purchase  it  in  foreign  countries. 

That,  in  consequence  of  our  increased  population,  should  the  manufacturers  here  be  discouraged  by  the  competi- 
tion of  foreigners,  the  use  of  this  convenient  and  serviceable  article  must  either  be  relinquished,  or  the  people  of  the 
United  .States  must  purchase  it  at  an  enhanced  price. 

Whereas,  should  said  manufacture  be  continiied,  in  this  country,  there  can  be  no  doubt  that  said  article  would 
be  found,  in  the  market,  as  cheap  as  it  would  be  if  it  was  wholly  imported,  without  those  fluctuations  of  price  which 
always  attend  imported  goods. 

Wheref(U-e,  your  petitioners  humbly  pray,  that  your  honorable  body,  to  whom,  in  this  case,  they  can  alone  look 
for  relief,  woukl  provide  a  remedy  for  the  evil  of  which  they  complain,  either  by  prohibttin°:  the  importation  of  mo- 
rocco leather,  so  called,  from  foreign  countries,  or  by  imposing  such  a  duty  thereon  as  shall  discourage  its  importa- 
tion, except  in  the  case  of  an  actual  or  apprehended  scarcity  thereof  in  the  United  States,  which  it  is  confidently  ex- 
pected never  will  occur. 

And  your  petitioners,  as  in  duty  bound,  will  ever  pray,  &c. 

ELIJAH  MEAD,  and  others. 

Charlf.stown,  IS.'/i  January,  1811. 


472  FINANCE.  [1811. 


11th  CoNGitEss.]  >  No.  342.  [3d   Session. 


SINKING    FUND. 


COMMUNICATED  TO  THE  SENATE,  FEBRUARY  4,    1811. 


The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 

That  ihe  measures  whicli  have  been  authorized  by  the  lioard,  subsequent  to  their  last  report,  of  the  3d  of  Febru- 
ary, ISIO,  so  far  as  the  same  have  been  completed,  are  I'ully  detailed  in  the  report  of  the  Secretary  of  the  Treasury, 
to  this  Board,  dateil  the  first  day  of  the  present  montli,  and  in  the  statements  therein  referred  to,  which  are  here- 
with transmitted,  and  prayed  to  be  received  as  part  ol  this  report. 

GEO.  CLINTON,  President  of  the  Senate. 
R,  SMITH,  Secretary  of  State. 

AlAmiMV  a M.\.h:i'm.  Secretarij  of  the  Treasury. 
C.  A.  RODNEY,  Attorney  General  U.  S. 
Washington,  February  2d,  1810. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund: 

That  the  balance  of  moneys  advanced  on  account  of  the  public  debt,  remaining  unexpended  at  the  close  of  tlie  year 
1808,  and  applicable  to  payments  falling  due  after  that  year,  which  balance,  as  appears  by  the  statement  B, 
annexed  to  the  hist  annual  leport,  amuunteti  to  six  hundred  anil  fifty-one  thousand  one  hurntred  and  three  dol- 
lars (hirly-three  cents,  -        _    -  -  "  ,  '  "  "  "  "      .       -      $651,103  33 

Together  with  the  sums  disbursed  during  the  year  1809,  from  the  ti-easury,  on  account  of  the  princi- 
pal and  inteie^t  of  the  public  debt,  which  sums,  as  appears  by  statement  C,  annexed  to  the  last 
annual  report,  amounted  to  six  millions  four  hundred  and  fifty-two  thousand  six  hundred  and 
ninety-eight  dollars  fifty-two  cents,   -------  -  -      G,452,G98  52 


And  amounting,  together,  to  seven  millions  one  hundred  and  three  thousand  eight  hundred  and  one 

dollars  eighty-five  cents,  -.-.-..--  -  $7,103,801  85 

Have  been  accounted  for  in  the  folhnving  manner: 

I.  There  was  repaid  into  the  treasury,  during  the  year  1809,  on  account  of  the  principal  of  moneys 
heretofore  advanced  for  the  payment  of  the  foreign  debt,  as  appears  by  the  statement  E,  annexed 

to  the  last  annual  report,  a  sum  of  ninety-three  dollars  twenty  cents,        -  .  -  .  $93  20 

II.  The  sums  actually  applied  during  the  same  year  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Departuient,  amount,  as 
will  api)ear  by  the  statement  A,  to  six  millions  seven  hundred  and  forty  two  thousand  seven  hun- 
dre<l  and  eight  dollars  ninety-seven  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  including  the  last  instalment 

of  the  Dutch  debt,  -  -  -  -  -  -  -  $3,825,564  06 

2.  Paid  on  account  of  the  interest  and  charges  on  the  public  debt,  -  -  2,917,144  91 


6,742,708  97 


III.  The  balance  remaining  unexpended  at  the  close  of  (he  year  1809,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  R,  to  three  hundred  and  sixty  thousand  nine  hundred 
and  ninety-nine  dollars  sixty-eight  cents,      --------        360,999  68 

$7,103,801  85 


That,  during  the  year  1810,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  principal 

and  interest  of  the  public  debt,  viz: 
r  On  account  of  the  interest  and  reimbursement  of  the  domestic  funded  debt,  .  .  -   $7,157,998  08 

II.  On  account  of  the  interest  on  the  Louisiana  stock  and  on  exchanged  and  converted  stocks,  paya- 
ble in  Europe,  ----.-.-.-.         844,674  35 

Amounting,  together,  as  will  appear  by  the  annexed  list  of  warrants,  marked  C,  to  eight  millions  and 

one  thousand  nine  hundred  and  seventy-two  dollars  forty  three  cents,        -  -  -  -   $8,001.972  43 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars  for  the  year  1810, 

viz: 
From  the  fund  arising  from  the  interest  on  the  debt  transferred  to  the  credit  of  the  Commissioners 

of  the  Sinking  Fund,  as  per  statement  I,      -  -  -  -  -    $1,646,578  84 

From  the  fund  arising  Irom  the  sales  of  public  lands,  being  the  amount  paid  into  the 

treasury  from  1st  October,  1809,  to  30th  September,  1810.  as  per  statement  K,      -        672,417  90 
From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the 

tonnage  of  vessels,       ----..----      5,679,915  47 


Amounting,  altogether,  to  -  -  7,998,912  21 

Which  sum  of      -  -  .  ..-'-.  -  -     7,998,91221 

Together  with  the  sum  advanced  during  the  year  1809,  on  account  of  the  appropria- 
tion for  the  year  1810,  amounting,  as  per  last  annual  report,  to       -  -  -  1,087  79 


Makes  the  amount  of  appropriation  for  the  year  1810,  of  eight  millions  of  dollars.       -  $8,000,000  00 

II.  From  repayments  into  the  treasury  on  account  of  advances  to  Commissioners  of  Loans,  as  will 

appear  by  the  statement  E,  viz: 
Repayment  of  principal  advanced  from  the  treasury,      -  .  -  -  .  $2,639  37 

Interest  recovered,  ---.--..-  420  85 


3,060  22 


8,001,972  43 


That  the  above  mentioned  disbursements,  together  with  the  above  stated  balance  which  remained 

unexpended  at  the  close  of  the  year  1810,  of  .-_---.        360,99968 


And  amounting,  together,  to  eight  millions  three  hundred  and  sixty-two  thousand  nine  hundred  and 

seventy-two  dollars  eleven  cents,      ----.-.-.  $8,362,972  1 1 


1811.]  THE    SINKING    FUND.  4-^ 


Will  be  acrounted  for  in  tlie  next  annual  ivporl,  in  conCormity  to  the  accounis  which  shall  then  have  been  ren- 
tk'ied  to  tlie  Treasury  Department. 

That,  in  ilie  mean  wiiile,  the  manner  in  whicli  the  said  sum  has  been  applied,  is  estimated,  as  followeth: 

I.  The  repaymciUs  into  the  treasury,  on  account  ol'  the  principal,  have,  during  the  year  1810.  amounted,  as  by  the 
above  mentioned  statement  E,  to         -  -  -  -  -  -  .  .  .  $-2  GSD  .'i? 

II.  The  sums  actually  a|)plied,  during  the  year  1810,  to  the  principal  and  interest  of  the  ()ublic  debt, 
are  estimateil  as  follows: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,  and  including  ihe  whole  of  the  ex- 
changed six  per  cent,  stock,  -  -  -  -  -  -  -  $5,lC,;j,47G  9.3 

•2.  Paid  on  account  of  interest  and  charges  on  the  same,       -  -  .  .      •2,G!)8,(;G4  10 

,       ,  .  7,S(;2,14I   03 

As  will  appear  by  the  esdmaie  F. 

III.  The  balance  which  remained  unexpended,  at  the  close  of  the  year  1810,  and  applicable  to  pay- 
ments falling  due  after  that  year,  is  estimated,  per  estimate  G,  at  ■  .  .  .         498,191  71 


!f;S,.3tl'2.97a   II 


All  wliich  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department,  February  l.y/,  1811. 

A. 

Satement  of  the  applicctlinn,  during-  the  year  1809,  ofthefumh  provided  for  the  payment  of  the  principal  and  inter- 
est of  the  public  debt. 

I.  Payments  on  account  of  the  principal  of  the  Public  Debt. 

1.  Of  the  domestic  debt,  viz: 
Annual  reimbursement  of  old  six  per  cent,  stock,  $953,133  44 

Du.  do.  of  deferred  do.  37C,64G  86 


1,329.780  30 
Reimbursement  ot  exchanged  six  per  cent,  stock,  in  the  manner  prescribed  by  the 

8th  section  of  act  of  Feb.  11,  1807,  -  -  .  .     2,242,218  24 

Do.    of  unfunded  registeied  debt,  including  arrearages  of  interest.        258  11 
Do.    of  debts  due  to  foreign  officers,  including  do.  13,307  41 


13,565  52 


3.  Of  the  foreign  debt. 
Fifth  and  last  instalment  of  the  loan  of  3,000,000  guilders,  of  1st  January,  179 1,  600,000 

guilders,  at  40  cents       -------        240,000  00 


3,825,564  06 


II.  Payments  on  account  of  interest  and  charges. 

1.  On  the  domestic  debt. 

Interest  for  the  year  1809,  on  the  several  species  of  the  domestic  funded  debt,  as  set- 
tled at  the  treasury,  («)  -  -  -  -  -  -     2,176,248  39 

Do.       on  Louisiana  stock  domesticated,  -----  4,050  00 

2.  On  the  foreign  debt. 

Interest  on  con\  erted  and  exchanged  stocks,  payable  at  Am- 
sterdam, guilders  7,987  18  at  40  cents,  -  -  .S3, 195  16 
Do.            do.                do.              do.        do.     at  London, 
£7,061   5     5,  at  4s  6d.        -                 -                 -  -  31,383  42 

34,578  58 

Interest  on  Louisiana  stock  from  July  1,  1808,  to  June  30.  1809.  viz: 
Payable  in  Amsterdam,  guilders  750,000",  at  40  cents,  -     300,00 

Do.    London,  £83,619,  at  4.V  G</.  -  -    371,640 

671,640  00 

Do.  paid  on  the  Dutch  debt  at  Amsterdaiu,  guilders  30,000,  at  40  cts.  12,000  00 
Commissions  and  charges,  viz: 
At  Amsterdam,  including  Louisiana  stock,  guilders  8,654  18  8, 

at  40  cents,  -  -  -  -  -       3,461  97 

At  London,  on  Louisiana  stock,  £418  1  9,  at  is.  6d,  -  1,858  17 


5,300  14 

Loss  in  exchange,  ..--...  11,509  14 

Commissions  to  agents  in  America  for  purchasing  bills  -  -     1,738  66 


736.846  52  • 
2,917,144  91 


(a)  This  sum  is  stated  in  the  treasury  report  No.  23,242.  as  amounting  to 
From  which  is  here  deducted,  for  correction  of  sundry  small  errors, 


Treasury  Dkpartment,  liegisfer^s  Office,  IsC  February,  1811- 

JOSEPH  NOURSE,  Register. 


6,7 

42,708 

97 

'  2,r 

76,258 
9 

11 

73 

$2.1- 

76,248 

39 

474 


FINANCE. 


1811. 


B. 

Statement  of  the  provision  nuidc,  before  the  \st  day  of  Jamiary.  1810,  for  the  payment  qf  the  principal  and  interest 

of  the  public  debt  falling  due  after  that  day. 

I.  On  account  of  the  foreign  debt. 

1.  Cash  in  the  hands  ofcommissioneis  and  agents  in  Europe,  viz: 
In  London,  on  3lst  necember,  1809,  £45,500  8  6,  at  4.9.  6r/.    -  -         $202,224  11 

Deduct  amount  due  the  commissioneis  in  Amsterdam  on  the  same  day, 

guilders,  9G,258  14  13,  at  40  cents,    -----  38,50350 


2.  Remittances  outstanding,  viz: 
Amount  paid  tor  at  tlie  treasury,  and  remitted  to  Amsterdam  before  1st  January,  1810, 

but  not  received  by  the  commissioners  till  after  that  day,  guildeis,  512,488  18,  at 
40  cents,  ---------- 

3.  Amount  of  payments  made  at  the  treasury  before  the  1st  January,  1810,  for  bills 
which  have  been  protested  for  non-payment,  and  which,  on  that  day,  had  not  been 
repaid  into  the  treasury,  as  explained  in  the  report  of  February  3d,  1809, 

I!.  Deduct  amount  short  provided  on  account  of  the  domestic  debt,  as  follows: 
The  demands  unsatisfied  on  the  1st  of  January,  1810,  were  the  following,  viz: 
1.  Dividends  payable  by  the  Commissioneis  of  I<oans,  including  tlie  dividend  due  on 

that  day,  and  exclusive  of  dividends  no  longer  deniandable  at  their  offices, 
3.  Unclaimed  dividends  payable  at  the  treasury,      ----- 


$163,720  61 


204,995  56 


13.357  00 


1,221,033  65 
48,379  80 


,073  17 


$1,269,413  45 
The  provision  made  for  the  above  objects  was  as  follows,  viz: 

1.  Cash  due  Irom  Commissioners  of  Loans,  deceased  and  out  of  office,       $6,697  16 

2.  Ditto  in  the  hands  of  Commissioners  of  Loans  in  office,    -  -       1,206,167  47 

3.  Ditto  in  the  hands  of  the  treasurer,  as  agent  for  the  Commissioners  of 

the  Sinking  Fund,  ..----  35,463  33 

4.  Cash  over  advanced  at  the  treasury  for  the  payment  of  dividends,  12  00 

1,248,339  96 


Leaving  the  sum  short  provided  on  1st  January,  1810,  to  meet  all  payments  on  account  of  the  domes- 
tic (iebt,  ----- 21,073  49 

Total  amount  of  provision  for  the  public  debt,  remaining  unapplied  on  31st  December,  1809,  -      $360.999  68 

Treasury  Department,  Register's  Office,  1st  February,  1811. 

JOSEPH  NOURSE,  Register. 


List  of  Warrants  drawn  according  to  law,  during  the  year  1810,  on  the  Treasurer  of  the  United  Slates,  on  account 

of  the  payments  of  interest  on  Louisiana  Stock. 


WABHA-VTS. 


Numbers. 


2001 

2018 

2036 

2276 

2277 

2298 

2303 

2307 

2358 

2384 

2385 

2386 

2515 

2516 

2526 

2544 

2547 

2551 

2581 

2627 

2681 

2757 

2795 

2872 


Dates. 


January 

29, 

February 

8, 

fcb 

13, 

April 

27, 

bfc 

27, 

May 

8, 

ii. 

11, 

hW 

14, 

June 

H, 

*i, 

25, 

<>i 

25, 

k« 

or. 

—  >1 

July 

5, 

*• 

5, 

*b 

9, 

bfc 

16, 

&( 

19, 

bi 

23, 

Aui^ust 

8, 

Sej,t. 

3, 

28, 

October 

4, 

(k 

16, 

Decembei 

13, 

1810. 


IN  WHOSK  FA  von. 


Jonathan  Burrall, 

Do. 
Peter  Roe  Dal  ton, 
George  Simpson, 

Do. 
Jonathan  Burrall, 

Dp. 
George  Simpson, 
Peter  Roe  Daltoii, 
George  Simpson, 

Do. 
Jonathan  Burrall, 

Do. 

Do. 
R.  W.  Baugh, 
John  Gwinn, 
Roger  Jones, 
Tiiomas  J.  Chew, 
Jonathan  Burrall, 

Do. 

Do. 

Do. 

Do. 
Charles  J.  Nourse, 


.\mount. 


Dollars.  Cis. 


10,740  06 

93,166  65 

92,722  21 

17,200  00 

43  00 

232  91 

94,999  96 

67,555  55 

231  80 

8,866  66 

191   05 

237  49 

19,164  45 

47  91 

32  52 

32  52 

32  59 

91   00 

174,900  00 

44,000  00 

211,111   00 

547  25 

527  77 

8,000  00 

844,674  35 


ISll.] 


THE   SINKING  FUND. 


475 


Included  in 

the  foresoir 

bills. 

No.  2277, 

April  27, 

2298. 

May      8, 

2358, 

June    11, 

2385, 

25, 

238G, 

25, 

251(i, 

July      5, 

2757, 

Oct.      4, 

2795, 

16, 

2526, 

July       9, 

2544, 

16, 

2547, 

19, 

2551, 

"         23, 

the  foresoing  list  of  warrants  are  the  fol lowing  warrants  for  commissions  (o 

bills,  and  also  lor  the  transmission  of  specie  from  the  the  Helder  to  Amsterdam: 

George  Simpson,  for  commission,       ■■  -  .  . 


ho  purchased  ihf 


Jonathan  liurnll, 

do. 

Peter  Roe  Dal  ton. 

do. 

George  Simpson. 

do. 

Jonathan  Hunalj, 

do. 

Do. 

do. 

Do. 

do. 

Do. 

do. 

R.  W.  Baugh,  for  transmission  of  specie, 
Joiin  Gwinn,  do. 

Roger  Jones,  do. 

Thomas  J.  Chew,  do. 


®43  00 

- 

232  9! 

- 

231  80 

- 

191   05 

- 

237  49 

47  91 

547  25 

527  77 

32 

52 

32 

52 

32 

59 

91 

00 

188  63 

S!2 

,247  81 

List  of  Warrants  draivn,  according  to  law,  during  the  year  1810,  on  (he  Treasurer  of  the  United  Slates    on  ac- 
count of  the  re.i7nburse7ne}il  and  interest  of  the  JJornestic  Debt. 


WARRANTS. 


Numbers. 


2021 

2065 

2066 

2067 

2086 

2087 

2088 

2089 

2090 

2096 

2097 

2104 

2107 

2103 

2109 

2119 

2120 

2121 

2122 

2345 

2346 

2347 

2348 

2362 

2363 

2364 

2365 

2366 

2367 

2377 

2381 

2387 

2389 

2390 

2391 

2477 

2570 

2611 

2642 

2643 

2644 

2645 

2646 

2617 

2648 

2649 

2653 

2654 

2659 

2661 

2662 

2663 

2857 

2858 

2859 

2363 

2363 

2864 

2865 

2866 

2867 


Dates. 


February 
March 


9, 

7, 


19, 


June 


31, 


6, 


15, 


4t 


21, 

22, 

26, 

27, 

kh 

a 

30, 

August 

1, 

Septein 

ber  17, 

•^    4. 

fck 

fc; 

(fc 

(( 

b( 

a 

(i 

1810, 


a 

•  i 

«i 

22, 

23, 

24, 

29, 

a 

a 

(( 

ti 

i( 

ii 

a 

ki 

(• 

21, 

4. 

it 

26, 

bk 

*, 

u 

l.i 

u 

n 

ii. 

December 

'?! 

ii 

(( 

i( 

a 

11, 

k( 

(> 

n 

(( 

»( 

(( 

a 

t( 

it 

i( 

<( 

t( 

«i 

IS     WHOSE    FATOK. 


Sherwood  Haywood,    - 

William  Gardner, 

Peter  Freneau, 

John  Pooler, 

James  Ewing, 

Christopher  Kllery, 

Jonathan  Hull, 

Benjamin  Austin, 

William  Few, 

Edward  Hall, 

Stephen  Moylan, 

John  Stockton, 

George  Simpson, 

James  Davidson, 

'rhomas  T.  Tucker,     - 

Tiiomas  Nelson, 
Do. 
Do. 
Do. 

William  Gardner, 

Sherwood  Haywood,    - 

Peter  Fi-eneau. 

Robert  Habersham, 

Benjamin  Austin, 

(Hinstopher  EUery, 
Jonathan  Bull, 

^Villialn  Few, 
James  Ewing, 
TliDmas  Nelson, 
Edward  Hall, 
Stephen  Moyian, 
John  Stockton, 
George  Simpson, 
James  Davidson, 
Thomas  T.  Tucker, 
Thomas  Nelson, 
John  G.  ^^ollolk, 
William  Gardner, 
Benjamin  Austin, 
Chri'^toiiher  Ellery, 
Jonathan  Bull, 
William  Few, 
James  Ewing, 
Thomas  Nelson, 
.Sherwoiid  Maywood,     - 
Peter  Fieneau, 
Stephen  Moylan, 
Edward  Hall, 
John  Stockton, 
George  Simpson, 
James  Davidson, 
Thomas  T.  Tucker,     - 
Sherwood  Haywood,    - 

Do. 
Robert  Habersham, 
Christopher  Ellery, 

Do. 
Peter  Freneau, 

Do. 
Thomas  Nelson, 
Do, 


AMOUNT. 


Dollars.   Cents. 


1,500  00 
5,500  00 
28,000  00 
1,000  00 
4,000  00 
6,900  00 
17,700  00 
130.000  00 
230.000  00 
19,781  47 
147.883  71 
1.677  00 
31,212  22 
17,332  71 
2,292  13 
3,394  49 
900  00 
950  00 
1,755  51 
5,550  00 
1,300  00 
28.000  00 
1.000  00 
135,000  00 
6,700  00 
17,600  00 
230,000  00 
4,000  00 
2,000  00 
19,781  41 
146,560  .58 
1.760  64 
66.025  63 
17.392  46 
2.292  13 
2.785  27 
159  20 
5,500  00 
140.000  00 
6,300  00 
17,000  00 
225,000  00 
4,000  00 
5.500  00 
1,400  00 
27.500  00 
145,847  00 
19.462  28 
1,735  49 
64.994  89 
16.896  34 
2.292  13 
14.685  21 
2,300  00 
1.000  00 
13.000  00 
15.337  98 
119.304  57 
59.300  00 
1,500  00 
70,418  28 


476 


FINANCE. 


[1811. 


LIST — Continued. 


WAltllANTS. 

In  whose  favor. 

AMOUNT. 

Numbers. 

Dates. 

Dollars.  Cents. 

2868 

December 

lU 

1810, 

James  Ewine, 

. 

6,750  00 

2869 

a 

bfa 

4  • 

Do. 

•- 

61,401   03 

2873 

1' 

17, 

.4 

William  Gardner, 

#- 

21,905  84 

2874 

a 

b( 

44 

Do. 

- 

10,700  00 

2875 

bk 

(fa 

4.                            _ 

Jonaihan  Bull, 

- 

3,864  47 

287G 

(4 

<b 

44 

Do. 

■  - 

36,750  00 

2877 

44 

18, 

44 

Benjamin  Austin, 

- 

733,534   18 

2978 

44 

bb 

4. 

Do. 

- 

270,000  00 

2883 

'• 

19. 

4* 

Edward  Hall, 

- 

42,000  37 

2884 

44 

fafa 

4  • 

Do. 

- 

1,230  24 

2880 

44 

20, 

44 

Thomas  Nelson, 

- 

6,512  50 

2887 

" 

•  1* 

44 

Do. 

- 

396  31 

2888 

ii 

fa* 

4. 

Do. 

- 

1,222  68 

2890 

t. 

22. 

44 

John  Stockton, 

- 

15,508  91 

2891 

(,i 

hb 

44 

Do. 

- 

3,300  00 

2892 

ib 

fab 

44 

Stephen  Moylan, 

- 

210,341   87 

2893 

fab 

fab 

44 

William  Few, 

- 

858,704  71 

2896 

4; 

bb 

" 

Tiiomas  T.  Tucker, 

- 

4,214   36 

2897 

fab 

fafa 

4» 

George  Simpson, 

- 

120,145  90 

2898 

fa* 

hb 

44 

James  Davidson, 

- 

32,255  77 

2899 

fab 

44 

Do. 

70,941   41 

4,838,301  34 

2894 

ifa 

fafa 

44 

Thomas  T.  Tucker,     - 

072,417  90 

2895 

fafa 

44 

Do. 

1,046,578  64 

2,318,996  74 

$7,157,298  08 

RIXAPITULATION. 


interest  and  ;eimbursement  of  the  domestic  debt. 
Interest  on  Louisiana  stock,  -  ■, 


Treasury  Department,  i?eg75,'fr's  Office,  Janucmj  25,  1811. 


$7,157,298  08 
844,674  35 

$8,001,972  43 


JOSEPH  NOUUSE,  Register. 


D. 


Amount  of  llemittances  during  the  year  1810.  for  paymen/s  ofinierest  ztpon  (he  Louisiana  six  per  cent,  slock. 


i;4,400  sterling,  at  2  per  cent,  below  par,  cost 


21,500 

do 

21 

3,000 

do 

21 

18,500 

do 

3 

90,600 

do 

5 

do 
do 
do 
do 


JE  138,000         do 


do 
do 
do 
do 

do 


-  $19,104  45 

93,100  05 
12,900  66 
79,755  55 

-  382,533   17 

-  $587,586  48 


497,500  guilders,  at  44  cents,  cost 


40,000 
20,000 


557,500 


do 

do 


43  do  -  -  -  -  - 

43  do  (of  which  only  40  cents  per  guilder  has  yet  been  paid) 


-  $218,900 
17,200 
8,000 


244,100  00 


do     Applied  to  purchase  of  remittances,                -                -                -              .-                -  831,686  48 
Paid  tor  insurance  and  charges  attending  the  shipment  and  tiansportatiou  to  Am- 
sterdam, oi"  specie,  in  1809,           -                -      .          -                -                -                -  10,928  69 
Paid  agents  ibr  commission  on  the  purchase  ot  bills,    -               -               -               -  2,059  18 

$844,674  35 


Warrants  issued  in  the  year  1810,  on  account  of  the  interest  on  the  Louisiana  stock, 
as  per  preceding  statement  C,      -  -  "  -  ■  ■  $844,074  35 


Loss  on  Kemitlances  in  the  year  1810. 


£138,000  sterling,  at  par, 
557,000  guilders    do 


-  $613,333  33 

-  223,000  00 


Paid  for  remittances,        -  .  -  ■ 

Charges  on  do.         _        - 

Loss  on  remittances  in  1810, 
TiuiASuEY  Department,  Register's  Office,  January  25,  1811. 


$831,686  48 
10,928  09 


830,333  33 


842,615  17 
$6,281  84 


JOSEPH  NOURSE,  Register. 


1811.] 


THE   SINKING   FUND. 


477 


E. 


Statemmt  of  the  Repayments  made  into  the  Treasury  during  the  year  1810,  on  account  of  the  Public  Debt. 


Date  of 

"Warrant. 

No-  of                                              On  whom  drawn. 
Warrant. 

Principal. 

Damages 
and  interest. 

Amount  of 
Warrant. 

1810. 
Feb.       14, 

March  3 1, 

1333 
1310 

1311 

AVilliam  Tiiilay,  late  commissioner  of  loans,  Connecticut, 
beins  the  aminint  of  interest  accruing  from  1st  October, 
1807,  to  13tii  January,  1810,  per  report  No.  22,410,      - 

Meriwether  Jones,  late  commissioner  of  loans.  Virginia, 
being  moneys  heretofore  advanced  for  the  payment  of 
interest,  &c.  of  the  funded  domestic  debt  of  the  Unit- 
ed States,            ------ 

Do.  being  on  the  same  account,    -            -            -            - 

1,755  51 

883  36 

420  85 

120  85 

1,755  51 
883  36 

2,639  37 

420  85 

3,060  22 

Treasury  Department,  jRegisfer^s  Office,  January  25,  1811. 


JOSEPH  NOUllSE,  Register. 


^^n  Estimate  of  the  application  made,  in  the  year  1810,  of  the  funds  provided  for  the  puyme7it  of  the  principal  and 

interest  of  the  Public  Debt. 


I.  On  account  of  the  principal: 

1.  Reimbursement  of  6  per  cent,  and  deferred  stocks,  estimated  at   - 

2.  Reimbursement  of  the  exchanged  6  per  cent,  stock,        -  -  - 

II.  On  account  of  interest  and  charges: 

1.  Interest  on  the  domestic  funded  debt,  estimated  at  - 

2.  Interest  on  Louisiana  stock  domesticated,         -  .  .  . 

3.  Interest  and  charges  on  foreign  debt,  viz: 

Interest  on  exchanged  and  converted  stocks,  payable  in  London 

and  Amsterdam,  -  -  .  .  $25,245  58 

Interest  and  charges  on  Louisiana  stock,  payable  in  do.  and  do.     672,000  00 


$1,412,351  67 
3,751,125  26 


$5,163,476  93 


1,986.057  50 
7,020  00 


Charges  on  remittances,  per  statement  D,  herewith. 
Commissions  to  agents  in  America  for  purchasing  bills,  - 


697,245  58 
6,281  84 
2,059   18 


r05,586  60 

2,698,664   10 


$7,862,141  03 


G. 

.?72  Estimate  of  the  funds  provided,  before  the  1st  of  January,  1811, for  the  payincn.l  of  principal  and  interest  of  the 

Public  Debt  falling  due  after  that  day. 

I.  On  account  of  the  foreign  debt: 

Ca~h  in  the  hands  of  commissioners  and  agents  in  Europe,  and  remittances  outstanding  on  31st 

December.  1809,  per  preceding  statement  B.    -  -  -  -  -  .  $368  716  17 

The  remittances  made  during  the  year  1810,  per  preceding  statenieiit  D,  are  as  follows,  viz: 
To  Amsterdam,  557,500  guilders,  at  40  cents,  -  -  -  $223,000  00 

To  London,  £138,000,  at  4s.  6(/.         -  -  -  -  -  613,333  33 

836.333  33 


Total  to  be  accounted  for,  .--...  j  .205  049  50 

The  amount  applied,  during  (he  year  1810,  per  preceding  estimate  F,  is  calculated  to  have  been, 
for  interest  and  charges  in  Europe,    ------- 

The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may,  therefore,  be 
estimated,  on  31-,t  December.  1810,  to  be 


The  amount  of  protested  bills  outstanding  on  the  same  day,  was,  as  per  preceding  reports,  balance 
unrecovered  of  A.  Brown,  and  Brown  &  Hackman's  bills,  for  120,000  guilders, 

II.  From  which  deduct  on  account  of  the  domestic  debt: 

For  unclaimed  dividends  demandable  at  the  treasury,  and  not  yet  advanced  to  tJie  Bank  for  pay- 
ment to  the  creditors,         -  -  -  -  -  -  -  "  - 


697,245  58 

507,803  92 

13,357  00 

521,160  92  ■ 

22,969  21 
$498,191   71 


61 


ft 


478 


FINANCE. 


[1811. 


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1811.] 


BANK  OF  THE   UNITED   STATES. 


479 


Statemeni  of  Monei/sarismff  from  Internt  on  Stock  Iramferred  to  the  United  States,  being  the  amount  druirn  by 
'ti.  iC^r  \"ij"  IruHtees  fortheredcniptum  of  the  public  debt,  durinir  the  year  1810,  pursuant  to  the  ae'  of 
8th  May,  1  i^-i,  agreeably  to  statements  made  at  the  Ireastery.  " 


Date  of  AVarrant. 


1810. 
December  23, 


No.  of  Warrant. 


2,895 


Per  Treasury  statement.  No.  23,G01, 


Am't  of  Warrant. 


Treasury  Department,  Register's  Office,  Jaauary  25,   1811. 


$1,046,578  84 


JOSEPH  NOURSE,  liegister 


K. 


Statement  of  Moneys  drawn  by  the  .Agents  to  the  Trustees  for  the  redemption  of  the  public  debt,  in  the  year  1810 
being  on  account  of  moneys  received  into  the  Treasury  from  sales  of  public  lands,  pursuant  to  the  ad  of  'i'^t 
March,  1795,  agreeably  to  statements  m,ade  at  the  Treasury. 


Date  of  Warrant. 


1810. 
December  22, 


No.  of  Warrant. 


2,894 


Per  Treasury  statement,  No.  23,601, 


Am't  of  Warrant. 


572,417  90 


Treasury  Department,  Regisler''s  Office,  January  25,  1811. 


JOSEPH  NOURSE,  Register. 


11th  Congress.] 


No.   343. 


[3d  Session. 


BANK    OF    THE    UNITED    STATES. 


COMMUNICATED    TO    THE    SENATE,    ON  THE  4tH  OF    FEBRUARY,     1811. 

77.e  Memorial  of  the  Inhabitants  of  Pittsburg,  Pennsylvania,  against  the  renewal  of  the  Charter  of  the  United 
States^  Bank,  to  the  Senate  and  Ifouse  of  Representatives  in  Congress  of  the  United  States,  respeeffu'lly  shoiveth: 

That  your  memoralists  are  "the  People  of  the  United  States,"  from  whom  emanates  all  the  power  wliich  you 
possess;  that  we  have  appointed  you  to  §uard,  not  to  alienate  our  rights;  that  our  constitution  never  authorized  Con- 
gress to  establish  a  bank,  under  the  control  of  individuals,  for  tiieir  own  benefit,  or  to  alienate  the  power  (f  the  purse 
more  than  the  power  of  the  sword.  The  act  of  February,  1791,  chartering  the  bank,  might,  with  equal  justice  and 
Safety,  have  given  to  a  corporation  the  power  of  the  army,  with  its  appointments. 

We  feel  deeply  humbled,  that,  under  the  full  blaze  of  Revolutionary  light,  one  half  of  the  delegated  power  of  the 
nation  was  given  to  a  company,  independent  of  our  suftVages;  but  we  rejoice  that  its  ch.'rter  will  be  terminated  with 
your  present  session,  and  that  it  cannot  be  revived,  provided  the  Congress  shall  be,  as  it  professes,  attached  to  the 
eternal  principles  of  our  Revolution,  and  to  the  cleai'  dictates  of  our  constitution. 

After  the  Bank  of  the  United  States  had  enjoyed  twenty  years  of  prosperity,  had  divided,  in  that  term,  four  mil- 
lions over  six  per  cent.,  and  had  held  in  bondage  thousands  ot  oui-  citizens,  who  dared  not  to  act  according  to  their 
consciencies,  trom  fear  of  oftending  the  British  stockholders  and  federal  directors,  we  had  hoped  that  they  would  have 
quietly  closed  their  concerns,  anil  waited  for  another  turn  of  fortune,  till  other  classes  of  citizens  of,  at  least,  equal 
merit,  had  each  shared  their  four  millions;  but  we  have  seen,  with  indignation,  a  stiulied  delay  in  the  collections  of 
that  bank,  indicating  a  determination  to  gain  a  renewal  undei-  stress  of  weather;  a  studied  pressure  on  individuals 
and  on  State  banks,  in  order  to  gain  auxdiaries;  and  a  studied  memorial,  containing,  in  smooth  language,  the  most 
daring  insults  on  the  dignity  and  independence  of  a  free  People. 

The  memorial  makes  no  direct  claim  of  right  to  lenewal,  but  it  recounts  many  works  of  righteousness,  which  we 
beg  leave  to  examine.  It  opens  a  modest  proposal  for  the  surrendry  of  our  independence,  by  declaring  that  the 
bank  had  continued  business  for  public  good,  and  under  an  impressu)n  that  the  general  interest  would  require  a 
renewal  of  the  charter!  It  next  compliments  your  honors  on  a  ilegree  of  superior  information,  which  the  stocklioldcrs 
are  not  in  the  habit  of  attributing.  It  then  craves  for  the  bank  much  of  the  credit  really  due  to  the  actual  labor  and 
skill  of  your  memorialists.  ^^  Inle  we  have  been  traversing  the  ocean,  or  improving  theeaith,  or  advancing  ihe  arts, 
they  have  been  dividing  more  than  eight  per  cent,  for  all  facilities,  and,  after  this  dividend,  vvill  have,  on  wmding  up, 
a  balance  in  their  f;ivor,  over  the  amount  of  capital,  of  $1,711,236. 

Though  the  United  States'  Bank  has  derived  its  breath  and  daily  support  from  the  bounty  and  long-suffering  of 
the  Congress,  yet  the  memorial  opens  an  unexpected  score  of  debits,  against  the  Government  and  People,  which  no- 
thing short  of  renewal  can  discharge;  and  if  the  debits  be  correct,  the  new  score  for  twenty  years,  will  be  far  beyond 
our  ability.  The  bank  has  accommodated  individuals.  State  banks,  the  commercial,  manufacturmgand  agricultural 
interests,  and  the  national  treasury.  It  has  removed  specie  to  places  where  it  was  wanted,  and  has  divided  only  eight 
and  one  fourth  per  cent,  for  all  these  sacrifices  to  public  good!  It  has  furnished  places  of  depositc  for  milliims 
of  the  public  money,  and  has  suffered  the  inconvenience  of  lending,  on  this  deposite,  for  their  own  benefit.  It  has 
patriotically  lent  to  Government  its  paper,  which  drew  no  interest,  and  received  in  exchange.  Government  paper, 
drawing  an  interest.  It  has  even  suffered  the  Government  to  receive  its  paper  for  all  bonds  and  dues.  *'  It  has,  for 
the  accommodation  of  the  Government,  established  branches  at  places  disadvantageous  to  its  business,  and  from  which 
no  profit  was  expected  to  be  derived.'^ 


480  FINANCE,  [1811. 


Permit  your  memorialists  to  pause,  and,  by  a  view  of  the  capital  and  loans  of  the  branches  of  the  United  States' 
Bank,  to  estimate  the  value  of  this  last  claim  on  the  Government. 

Capital.  Loans. 

Boston.                     .                 .                 .             $700,000  ."  .  .  $998,859 

New  York,             .                .                .            1,800,000  .  .  .  4,175,847! 

Haltimore,                .                 .                 .               600,000  .  .  .  1,349.550 

Washington,           .                 .                 .               200,000  .  .  .  485,285 

Norfolk,                    .                 .                 .               600,000  .  .  .  880,170 

Charleston,              .                .                .              600,000  .  .  .  1,409,916! 

Savannah,                 .                 .                 .               500,000  .  .  .  1,054,113 

New  Orleans,         .                .                .              300,000  .  .  .  611.516 


$5,300,000  $10,965,256 


Nearly  eleven  millions  lent  on  a  capital  of  five  millions  three  hundred  thousand!  A  serious  disappointment  to 
men,  who  expected  no  profit.    Republics  are  said  to  be  ungrateful.     We  are  certainly  so  on  the  present  occasion. 

The  memorial  next  proceeds  to  associate  the  bank  with  the  Government,  claiming  to  be  a  necessary  and  indivisi- 
ble part  o!  it,  showing  the  insufficiency  of  State  banks  to  answer  the  dignified  purposes  of  their  institution;  and,  after 
repeating,  for  the  tenth  time,'the  awful  calamities  awaiting  their  dissolution,  they  commend  the  hard  case  of  moneyed 
aristocracies  and  of  rich  widows  and  orphans,  interested  in  llieir  stock,  t()  the  wisdom  and  justice  of  the  Legislature. 
They  again  hold  up  the  awful  terrors  of  "a  general  derangement  of  credit,"  and  pray  for  a  renewal  of  their  charter. 

Now,  may  it  please  the  Congress,  this  bank  memorial  is  for  a  grant,  worth,  to  the  stockholders,  six  millions,  and 
to  federalism  and  British  influence  sixty  millions;  and  if  the  memorial  contained  the  truth,  there  could  have  been  no 
occasion  ot  presenting  it;  but  you,  in  your  wisdom  and  superior  intelligence,  would  have  humbly  petitioned  David 
Lenox,  president,  and  the  directors  and  stockholders  of  the  United  States'  Bank,  to  please  to  accept  a  renewal  of  their 
charter  for  eternity,  or  such  shorter  term  as  their  honors  should  appoint. 

But  that  memorial  does  not  contain  the  whole  truth.  All  its  claims  tor  services  are  more  than  balanced  by  enor- 
mous profits.  Its  threats  (if  ruin  to  our  establishments,  in  case  of  winding  up,  are  balanced  by  the  consideration, 
that,  in  their  cQWec^wnso'i fifteen  millions,  the  stockholders  will  consult  their  own  interest;  they  will  not  collect  beyond 
the  ability  of  their  debtors;  they  will  prefer  the  paper  of  State  banks  to  private  notes;  and  they  will  not  press  the 
State  banks,  so  as  to  prevent  their  aiding  the  debtors  of  the  United  States'  Bank.  Whenever  this  bank  shall  with- 
draw from  circulating  medium  its  five  millions  in  bills,  it  must  pay  for  those  five  millions  in  specie,  or  the  bills  of 
State  banks,  in  either  of  which  cases  the  circulating  medium  will  be  restored.  Whenever  the  deposites  of  more  than 
four  millions  shall  be  withdrawn  from  its  vaults,  they  will  be  either  thrown  into  circulation,  or  placed  in  otiier  banks. 
As  to  their  being  drawn  from  the  country,  let  it  be  recollected  that  foreigners  do  not  place  their  funds  here,  to  re- 
main inactive,  merely  because  the  United  States'  Bank  is  a  safe  place  of  deposite.  But  a  portion  of  the  deposites  n 
by  debtors  of  the  bank,  who  will  easily  adopt  a  mode  of  transferring  them  in  the  ledger.  As  to  the  withdrawing  of 
seven  millions  by  foreigners,  we  cannot  flatter  ourselves  with  the  prospect;  but,  if  that  should  be  the  case,  the  Go- 
vernment can  supply  its  place  with  paper,  which  will  answer  all  the  purposes  of  specie  for  all  business,  within  our 
own  country.  We  regard  the  repeated  alarms  in  the  memorial  as  not  only  groundless,  but  as  a  kind  of  threatening, 
ill  suited  to  your  dignity  and  our  independence. 

The  bank  memorial  is  a  public  declaration  that  the  Government  and  Peopleof  the  United  States  are  held  in  du- 
ress by  the  memorialists,  and  that  the  continuance  of  our  independence  rests  on  their  willingness  to  continue  their 
bank  operations.  It  contains  an  insulting  history  of  favors  to  us,  greater  than  their  royal  master  ever  urged  upon  the 
colonies.  It  declares  that,  in  the  management  ot  the  powerof  the  purse,  for  twenty  yeais,  it  lias  done  every  thing  for 
us,  and  has  rendered  itself  necessary  to  our  future  existence.  Its  silent  language  is,  "[  Though  we  I'ail  to  conquer  you 
by  the  sword,  we  hold  you  suspended  by  the  purse  strings.  We  demand  your  gratitude  for  such  use  of  our  funds 
as  we  have  condescended  to  perm-t  you  to  pay  for:  and  now,  if  the  power  is  to  be  withdrawn  from  us,  all  your  esta- 
blishments of  commerce,  finance,  agriculture,  and  the  arts,  shall  fall  with  us." 

This  language  is  not  from  a  band  of  patriots,  who  undertook  to  aid  the  nation,  in  the  first  struggles  of  self-govern- 
ment, but  of  men,  who,  by  subtlety  and  intercession,  obtained  a  charter,  and  who  have  become  masters  of  the  head- 
waters of  corruption,  through  the  ill-placed  bounty  of  the  first  Congress.  Their  delay  to  close  their  affairs,  according  to 
law,  was  not  for  public  good,  but  in  preparation  fur  a  sudden  onset  upon  a  short  session  of  your  honorable  body.  Hence 
their  ivell-timed  subscriptions  to  some  republican  presses.  Hence  the  silence  of  federal  presses,  lest  tliscussion  should 
awake,  in  your  constituents,  the  spirit  of  1776.  Hence  the  artificial  depression  of  stock,  not  in  market,  and  the 
petitions  from  interested  companies  and  individuals  crowding  upon  you.  Hence  the  thronging  of  your  avenues,  and 
the  artful  sounding  of  every  senator  and  member.  Hence  the  intimations,  that  a  million  and  quarter  should  be  placed 
in  your  treasury,  as  a  consideration  for  the  ruin  of  your  constituents;  and  hence  the  shameless  assertion,  that  our 
President,  who  gained  his  elevation  by  his  able  opposition  to  the  charter  of  the  bank,  and  other  ruinous  measures,  is 
now  in  favor  of  renewal. 

The  bank  memorial,  with  its  accompaniments,  is  an  alarming  commentary  on  the  original  charter.  The  actual 
iloprecialutn  of  our  silver  and  gold,  by  the  United  States'  Bank,  is  not  to  be  compareil  with  the  attempt  to  depreciate 
th  •  sterling  virtue  and  republican  integrity  of  our  people. 

HKNRY  PHILLIPS, 
JOSEPH  M'CLURG, 

dnd  seventy-eight  others. 


nth  C0NC^ESS.J  No.     344.  "  [3d    SE3310.X. 

BANK  OF  THE  UNITED  STATES. 

COMMUNICATED   TO    TilK    SENATE,    ON    THE    5TH    OF    FEBRUARY,   1811. 

Senate  Chamber, /««J/ari/ 29,  1811. 

The  Committee  of  the  Senate,  to  whom  has  been  referred  the  memorial  of  the  President  and  Directors  ot  the 
Bank  of  the  United  States,  praying  for  a  renewal  of  their  charter,  have  directed  me  to  request  you  to  state  to  the  com- 
mittee, whether,  in  your  opinion,  the  renewal  of  the  said  charter  will  greatly  facilitate  the  collection  of  the  revenue, 
and  promote  the  public  welfare.  In  complying  with  this  request,  it  is  expected  that  you  will  furnish  the  committee 
with  the  facts  and  reasoning  upon  which  your  opinion  has  been  formed,  together  with  such  information  upon  this 
subject  as  may  he  in  your  possession. 

I  am,  sir,  respectfully,  your  most  obedient  and  very  humble  servant, 

WM.  H.  CRAWFORD. 
The  Honorable  Albert  Gallatin. 


1811.]  ENCOURAGEMENT   TO   M  ANUF  AC  T  tj  RE  S.  481 

Treasury  Department,  Januanj  30,  1811. 
Sir: 

Having  already,  in  a  report  to  the  Senate,  of  '.ici  March.  180i>,  expressed  my  opinidii  in  favor  of  a  renewal  of 
the  charterot  llie  Bank  of  tiie  United  .States,  an  opinion  whicli  remains  uncliansed,  I  can  oiily  add  a  few  explanatoiy 
remarks  in  answer  to  the  inquiries  of  the  committee,  as  stated  in  your  letter  of  yesterday. 

The  banking  system  is  now  firndy  e»labli^hed;  and,  in  its  rannfications,  extends  to  every  part  of  the  United 
States.  Under  that  system,  the  assistance  of  banks  appears  to  me  necessary  for  the  punctual  collection  of  the 
revenue,  and  for  the  safe  keeping  and  transmission  of  public  moneys.  That  !he  punctuality  of  payments  is  priiici 
pally  due  to  banks,  is  a  fact  geiierally  acknowledged.  It  is,  to  a  certain  degree,  enlorced  by  the  relusal  of  credit  at 
the  custom  house,  so  long  as  a  former  rexenue  bond,  actually  due,  remains  uii[)aid.  But  1  think,  nevertheless,  that, 
inoriler  to  ensure  that  precision  in  the  collection,  on  which  depends  a  coriesponding  discharge  of  the  public  eiiagage- 
ments,  it  wouL!,  if  no  use  was  made  of  banks,  be  found  necessary  to  abolish,  altogether,  the  credit  now  given  on 
the  payment  ol  duties — a  measure  which  wouhl  atlect  the  commercial  tajjital,  atid  fall  hca\ily  on  the  consumers. 
That  the  public  moneys  are  safer  by  being  weekly  deposited  in  banks,  instead  of  accumulating  in  the  hands  of 
collectors,  is  selt-evident.  And  their  transmission,  whenever  this  may  be  wanted,  for  the  |)uipose  of  making  pay- 
ments in  other  places  tlian  tliose  of  collection,  cannot,  with  any  convenience,  be  effected,  on  a  large  scale,  in  an  ex- 
tensive country,  except  through  the  medium  of  banks,  or  of  persons  acting  as  bankers. 

The  question,  therefore,  is,  whether  a  bank,  incorporatetl  by  the  United  States,  or  a  number  of  banks,  incorpo- 
rated by  the  several  States,  be  most  convenient  for  those  purposes. 

State  banks  may  be  used,  and  must,  in  case  ot  a  non-renewal  o(  the  charter,  be  used  by  the  treasiiiy.  I'rcpi.ra- 
tory  arrangements  have  already  been  made  to  that  effect;  and  it  is  believed  that  the  ordinary  business  will  be  trans- 
acted, through  their  medium,  with  less  convenience,  and,  in  some  respects,  with  perha|)s  less  safety  than  at  present, 
but  without  any  insuperable  difficulty.  The  diffeieiice,  with  respect  to  safety,  results  fiom  the  organization  of  the 
Bank  of  the  United  States,  by  winch  it  is  responsible  for  the  money  despnsited  in  any  of  its  branches,  whilst  each 
of  the  State  banks,  which  may  be  eini)loyed,  will  be  responsible  only  for  the  sums  in  its  own  hands.  Thus,  the 
Bank  of  the  United  Sttites  is  now  answerable  for  the  moneys  collected  at  New  Orleans,  and  deposited  there  in  its 
branch — a  security  which  will  be  lost  under  a  ditlerent  arrangement.  Nor  will  the  United  States  ha\e  any  other 
control  over  the  manner  in  which  the  business  of  the  banks  may  be  conducted,  than  what  may  result  from  the 
power  of  withdrawing  the  public  desposites:  and  they  will  lose  that  which  a  charter,  or  a  dependence  on  the  General 
Government  for  a  charter,  now  gives  over  the  Bank  of  the  United  States.  The  facility  of  obtaining  such  accom- 
modations as  may,  at  times  be  wanted,  will,  for  the  same  reason,  be  lessened,  and  the  national  power  will,  to  that 
extent,  be  impaired.  It  may  be  added,  that,  even  for  the  ordinary  business  of  receiving  and  transmitting  public 
moneys,  the  use  of  a  State  bank  may  be  forbidden  by  the  StaK;;  and  that  loans  to  the  United  States  aie,  by  many 
of  the  charters,  forbidden,  without  a  special  permission  from  the  State. 

As  it  is  not  perceived,  on  the  other  hand,  that  a  single  advantage  will  accrue  to  the  public  from  the  (  hange,  no 
reason  presents  itself,  on  the  ground  of  expediency,  why  an  untried  system  should  be  suljstilu;ed  to  one  under  which 
the  treasury  business  has  so  long  been  conducted  with  perfect  security  to  the  Uniteil  States,  and  great  convenience 
not  only  to  the  officers,  but  also  t(»  all  those  who  have  had  payments  of  a  public  nature  to  make  or  to  receive. 

It  does  not  seem  necessary  to  advert  to  the  particular  objections  made  against  the  present  charter,  as  these  may 
easily  be  obviated  by  proper  alterations.  What  has  been  called  a  National  Bank,  or,  in  other  words,  anew 
Bank  of  the  United  States,  instead  of  the  existing  one,  may  be  obtained  by  such  alterations.  The  capital  may  be 
extended,  and  more  equally  distributed;  new  stockholders  may  be  substituted  to  the  foreigners,  as  had  been  sug- 
gested in  the  report  of  '2d  March,  180i);  and  any  other  inoililications  Avhich  may  be  thougiit  expedient  may  be  v.i- 
troduced,  without  interrupting  the  operations  of  the  institution  now  in  force,  and  without  disturbing  all  the  com- 
mercial concerns  of  the  country. 

If.  indeed,  the  Bank  of  the  United  States  could  be  removed  without  affecting  either  its  numerous  debtors,  the 
other  moneyeil  institutions,  or  the  circulation  of  the  country,  the  ordinaty  fiscal  o(ierations  of  Go\ernment  would 
not  be  materially  deranged,  atui  might  be  carried  on  by  means  of  another  general  bank,  or  of  State  banks.  ]}ut  the 
transition  will  be  attended  vyith  much  individual,  anil  probably  with  no  inconsiderable  jiublic  injury.  It  is  impos- 
sible that  an  institution  which  circulates  thirteen  millions  of  dollars,  atid  to  wh(un  the  merchants  owe  fourteen, 
should  terminate  its  operations,  particula'.  ly  in  the  present  unfavorable  stale  of  the  American  commerce,  and  after 
the  great  losses  lately  experienced  abroad,  without  giving  a  serious  shock  to  commercial,  banking,  and  national 
credit.  It  is  not  intended  to  overrate  the  extent  of  an  evil  which  there  are  no  certain  data  to  appreciate.  And,  with- 
out expatiating  on  the  fatal  and  unavoidable  effects  on  individuals;  without  dwelling  on  the  inconvenience  of  repay- 
ing, at  this  time,  to  Europe,  a  capital  of  seven  millions;  and  w  ithout  adverting  to  other  possible  dangers,  of  a  more 
general  nature,  it  appears  sufBcient  to  state  that  the  same  body  of  men  who  owe  fourteen  millions  (,(  dollars  to  the 
bank,  owe.  also,  ten  or  twelve  to  the  United  States,  on  which  the  receipts  in.'o  the  tteasury.  for  this  year,  altogether 
depend;  and  that,  exclusively  of  absolute  failures,  it  is  improbable  that  both  debts  can  be  punctually  paid  at  the 
satne  time.  Nor  mu?t  it  be  forgotten  that  the  approaching  non-importation  will  considerably  lessen  the  efficiency 
of  the  provision,  by  which  subsequent  credits  are  refused  to  importers  who  have  not  discharged  former  levenue 
bonds.  Upon  the  whole,  a  peifect  conviction  is  felt  that,  in  the  critical  situation  of  the  countiy,  new  evils  ought 
not  to  be  superadded,  and  a  perilous  experiment  be  attempted,  unless  required  by  an  imperious  necessity. 

In  these  hasty  remarks,  1  have  not  adverted  to  the  question  of  constitutionality,  which  is  not  a  subject  of  dis- 
cussion for  the  Secretary  of  the  Treasurj".  Permit  ine.  however,  tor  my  own  sake,  simply  to  state,  that  the  bauK 
charter  having,  for  a  number  of  years,  been  acted  upon,  or  acipiiesced  in,  as  if  constitutional,  by  all  the  constituted 
authorities  of  the  nation,  and  thinking,  myself,  the  use  of  banks  to  be  at  present  necessary  lor  the  exercise  of  tht" 
legitimate  powers  of  the  General  Government,  the  contitniatioa  of  a  bank  of  the  United  Slates  has  t.  Jt,  in  the 
view  w  hich  I  have  been  able  to  take  of  the  subject,  appeared  to  me  to  be  unconstitutional. 
I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  ser\ant, 

ALBERT  GALLATIN. 

Hon.  \\  iLLiAM  11.  (.'kawkord,  Chairman  in  Senate. 


nth  Congress.]  No.  345.  t^d  Se.ssiox. 


E  N C  0  U  R  A  G  E  M  V.  N  T    T  O    M  A  N  (T  p  A  C  T  U  R E  S. 

COMMUNICATED    TO     CHE    nOlSK,    OF    KEFKF.SENTA TIVES,    KEURLAKX     5,     1811. 

Mr.  Newton  made  the  following  report: 

The  Committee  of  Commerce  and  Manufactures,  always  disposed  to  encourage  and  extend  the  industry,  agri- 
culture, and  manufactures,  of  the  United  States,  beg  leave  to  suggest  the  propriety  and  expediency  of  subjecting  the 
articles  specified  in  the  subjoined  resolution,  to  additional  duties.  They  beg  leave  to  refer  to  a  report  on  this  sub- 
ject, made  the  "ilst  of  June,  1809,  and  solicit  that  it  may  be  taken  as  part  of  this. 


482  FINANCE.  [1811. 


Resolved,  Tiiat  additional  duties  ought  to  be  laid   on  the  following  articles  imported  into  the  United  States,  to 
wit: 

On  re-.fiy  made  dothi  g  and  inillineiy, ad  valorem; 

On  cotton  manuractures  from  beyond  the  Cape  of  Good  Hope, ad  valorem; 

On  lead  shot, . 

Resolved,  That  zinc,  alias  spelter,  be  hereafter  admitted  free  of  duty. 


Report  of  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  so  much  of  the  message  of  the 
President  of  the  Uniteii  States  as  relates  to  the  revision  of  our  commercial  laws,  for  the  purpose  of  protecting 
and  fostering  the  manufactures  of  the  United  States,  and  also  the  petitions  and  memorials  of  sundry  manufac- 
turers of  hats,  of  cottiin  goods,  of  hemp  into  linen,  of  shot,  of  woollen  cloths,  and  of  salt,  made  to  the  House  of 
Uepresentatives,  June  21,  1809. 

The  commiffee  are  fully  impressed  with  a  conviction  of  the  importance,  difficulty,  and  delicacy,  of  the  subject 
submitted.  It  is  a  inine  which  even  the  industry  and  laborious  researches  of  philosophers  cannot  exhaust.  The 
committee  are  apprised,  that,  on  this  subject,  men  ot  great  science  and  experience  have  supported,  and  do  still  sup- 
port, diversity  of  opinions.  With  such  impressions,  tliey  cannot  approach  it  without  circumspection.  On  a  review 
ot  the  reports  made  cm  the  policy  of  fostering  and  protecting  our  manufactures,  the  committee  find  that  the  plan 
therein  recommended  and  pursued,  has  received  the  support  of  Congress,  and  likewise  the  countenance  of  the  na- 
tion, if  silence  on,  and  long  acquiescence  in,  that  plan,  can  authorize  them  to  infer  it.  in  giving  to  our  rnanufiac- 
tures  the  support  necessary  to  withstand  foreign  competition,  skill,  and  capital,  the  committee  have,  on  all  occasions, 
endeavored  to  avoid  the  danger  of  fastening  on  the  community  oppressive  monopolies.  For  a  manitestation  of  the 
solicitude  wliich  they  have  at  all  times  felt,  and  the  caution  which  has  always  presided  over  their  deliberations  on 
this  interesting  subject,  they  beg  leave  to  refer  to  the  following  reports,  which  they  solicit  may  be  taken  as  parts  of 
the  present: 

Report  on  the  memorials  and  petitions  of  sundry  manufacturers  of  gun  powder,  &c.  &c.   10th  February,  1802. 

[See  No.  170.] 
On  the  petition  of  sundry  manufacturers  of  cordage,  &c.  &c.  18th  February,  1803.     [See  No.  173.] 
On  the  petition  of  sundry  manufacturers  of  paper.  &c.  &c.  8th  March,  1802.     [See  No.  176.] 
On  the  petition  and  memorials  of  sundry  calico  printers  and  dyers,  &c.  &c.  25th  January,  1804.     [See 

No.  314.] 
On  the  petition  of  the  President  and  Directors  of  the  New  York  Dutchess  County  Slate  Companies, 

15th  November,  1804.     [See  No.  920.1 
On  the  memorial  and  petition  of  the  Philadelphia  Typographical  Society,  22d  January,  1805.     [See  No. 

227.] 
And  on  the  petitions  and  memorials  of  Paul  and  Joseph  W.  Revere,  and  sundry  copper  smiths,  2l8t 

January,  1808.     [See  No.  977.  ] 

The  like  spirit  which  dictated  those  reports,  maintains,  without  any  diminution,  its  influence  over  the  committee, 
and  represses  every  disposition  to  depart  from  restraints,  the  observance  of  which  becomes  indispensable,  if  the 
public  good  be  the  sole  object  in  view. 

The  shortness  of  the  present  session,  and  the  want  of  materials,  preclude  the  committee  from  giving  this  subject 
a  full  invcstigatiot).  Though  the  committee  have  to  regret  that  they  are  prevented  from  going  into  a  minute  dis- 
cussion of  the  advantages  that  would  result  from  a  judicious  encouragement  of  manufactures,  yet  they  cannot  re- 
frain from  expressing  an  opinion,  that  additional  duties,  at  this  time,  may  be  laid  with  advantage  on  the  importation 
o(  certain  articles.  It  must  be  obvious  to  every  person,  on  the  slightest  attention,  that  the  citizens  of  the  United 
States  possess  sufficient  ingenuity  and  skill  to  make  up  all  the  articles  of  wearing  apparel  and  millinery  that  may 
be  wanting  for  use.  It  is  no  less  clear,  that  shot,  over  and  above  our  own  consumption,  can  be  supplied,  and  that 
other  manufactures,  in  which  lead  is  the  article  of  chief  value,  have  progressed  S)  rapidly,  as  to  deserve  the  foster- 
ing care  of  Government.  The  importation  of  cotton  manufactures  from  beyond  the  Cape  of  Good  Hope,  interferes 
not  only  with  our  own  cotton  manufactures,  but  .also  comes  into  competition  with  fabrics  imported  from  Europe, 
made  of  the  cotton  of  the  United  States.  Manufactories  are  in  operation  for  supplying,  and  preparations  are  in 
great  forwardness  for  increasing  the  supply  of,  coarse  cotton  manufactures.  If  some  encouragement  be  given  to 
establishments  of  this  description,  the  probability  is  that  the  quantity  of  these  manufactures,  equal  to  the  demand, 
may  be  supplied.     Bed  ticking  of  a  quality  superior  to  that  which  is  imported,  can  be  had  in  abundance. 

The  use  of  salt,  as  a  necessary  of  life,  cannot  be  dispensed  with.  To  keep  in  the  niarket  a  quantity  commen- 
surate to  the  consumption  of  the  nation,  is  certainly  an  object  of  moment.  In  times  of  peace,  importations  of  this 
article  are  abundant,  and  the  price  low;  but,  should  the  United  States  at  any  time  be  forced  into  war  by  a  concur- 
rence of  inauspicious  events — and  they  have  no  power  to  prevent  it — the  scarcity  consequent  on  such  a  state  of  things, 
Vrould  greatly  increase  the  price  of  this  article,  and  the  pressure  would  of  course  be  sensibly  and  severely  felt  by 
that  poi-lion  of  the  community  least  capable  of  bearing  it.  The  scarcity  and  high  price  of  salt,  during  the  Amei-ican 
war,  produced  no  little  distress.  The  apprehension  lately  entertained,  that  a  deficiency  in  the  necessary  supply  of 
this  article,  would  be  the  consequence  of  an  interdiction  of  commerce  with  the  belligerent  nations  of  Europe  and 
their  dependencies, gave  rise  to  some  objections,  not  easily  lemoved,  against  the  adoption  of  that  measure.  To  pre- 
vent etlectually  a  want  of  salt,  on  the  occurrence  of  any  event,  is  certainly  an  object  deserving  the  serious  attention 
of  Congress.  Assurances  are  made  with  confidence,  that  a  supply  of  this  article  can  be  furnished  by  our  own  ma- 
nufactories, equal  to  the  demand,  if  encouragement  be  given  by  a  moderate  duty  on  imported  salt.  A  nation  erects 
a  solid  basis  for  tlie  support  and  maintenance  of  its  independence  and  prosperity,  whose  policy  is,  to  draw  from  its 
native  sources,  all  articles  of  the  first  necessity.  As  the  encouragement  sought  can  be  given,  it  is  very  respectfully 
submitted  to  the  consideration  of  the  House,  whether  the  manufacture  of  salt  is  not,  in  a  national  point  of  view,  an 
object  oi'  primary  importance,  and  highly  deserving  its  patronage. 

The  committee,  with  gieat  deference,  submit  the  following  resolutions: 

Resolved,  That  atlditional  duties  ought  to  be  laid  on  the  following  articles,  imported  into  the  United  States,  to 
wit: 

On  ready  made  clothing  and  millinery,  two  and  one  half  per  cent,  ad  valorem;  on  cotloii  manufactures  from  be- 
yond the  Cape  of  Good  Hope,  on  bed  ticking,  and  on  corduroys  and  fustians,  two  and  one  half  per  centum  ad  valorem; 
and  <m  shot,  and  other  manufactures  in  which  lead  is  the  article  of  chief  value,  one-half  cent  per  pound. 

Resolved,  That  a  duty  of  eight  cents  per  bushel  on  imported  salt,  would  give  encouragement  to  the  manufacture 
of  that  article  in  the  United  States. 


!81I.]  INCREASE   OF  IMPORTS   AND    DUTIES. 


48:: 


nth  Congress.]  xNo.  346.  [3.1  Skss.ow. 

INCREASE   OF    DUTIES   ON    EM  PORTS. 

COMMUNICATKD  TO  THK   HOUSE  OF  REPRESKNTATIVKS,  FEBUUAKY   G,    1811. 

Washington.  January  18,  1811. 

I  am  instructed  by  the  Cdrninittec  o("  Ways  .nul  Mean?-,  to  ask  tor  such  iiifnnnaliori  as  may  be  in  nosscvsion  of 
the  Treasury  Department,  on  'he  foUowiMs;  points,  vi-/.: 

1.  Whatiliminution  of  revenue  will  be  produced  by  the  exclusion  ol  articles,  the  growth,  produce   or  manufac- 
ture, otOreat  Britain,  her  coloriies,  dependencies,  &c.  "  ' 

2.  What  particular  articles  or  classes  of  articles,  will  bear  an  increase  of  the  present  duties,  and  to  what  extent 
taking  into  view  the  secuiity  of  the  revenue  and  the  sum  to  be  pioduced.  ' 

And  any  other  information  which  may  tend  to  show  whether  it  is  n»ore   expedient  to  increase  the  per  centum  on 
articles  paying  ad  valorem  and  specific  duties,  generally,  or  whetiier  the  public  interest  may  be  promoted    and  the 
deficiency  of  revenue  supplied,  by  an  increase  ot  duty  on  particular  selected  articles,  or  particular  classes  ot'' articles 
With  respect  and  esteem,  I  have  the  honor  to  be,  your  most  obedient, 

JNO.  VV .  KPPES. 


Treasury  Dki».\rtmk.nt,  Jani/ari/ -28,  1811. 

In  answer  to  your  inquiries  respecting  the  diminution  of  revenue,  which  must  result  from  the  exclusion  of 
articles  of  British  produce  or  manufactures,  I  beg  leave  to  refer  you  to  a  report,  made  to  the  House  of  Representa- 
tives, on  the  28th  february,  1806,  and  which,  together  with  the  statements  annexed  to  it,  gives  a  detailed  view  of 
the  importations  from  the  British  dominions,  and  from  all  other  countries,  for  the  years  1802."  1803.  and  1804.  More 
reliance  may  be  placed,  as  to  any  general  result,  on  the  statements  for  those  years,  than  on  those  for  any  subsequent 
period.  There  was  a  very  extraordinary  increase  of  commerce  during  the  years  1805  to  1807;  but  although  the 
amount  of  importations  was  much  larger,  the  proportion  friiin  the  ditterent  countries  had  not  been  materially  altered 
From  the  last  three  years,  no  correct  inferences  can  be  drawn.  The  time  requisite  to  prepare  similar  statements  for 
the  last  six  years,  would  also  delay  an  answer;  and  the  annual  reports  of  importations  in  American  and  foreign  ves- 
sels, will  furnish  such  additional  tacts  for  any  one  year,  as  may  be  wanted.  '^ 

It   appears  from  that  report,  (page  9)  that  the  nett  duties  (after  deducting  drawbacks)  on  merchandise  imported 
from  die  British  dominions,  and  from  all  other  countries,  might  be  estimated  as  followeth: 

British  Dominions  All  other  countries. 
On  merchandise  paying  duties  ad  valorem,  including  the  additional  duties 

called  Mediterranean  fund,  -  .  -  .  .  $4,257,000  1.238,000 

On  all  otlier  articles,  deducting  salt,  the  duty  on  which  is  now  repealed,     -  1,629,000  4.741,000 


$5.886,000  5,979,000 


At  that  time,  h!)wever,  (in  the  years  1802  to  1804)  a  non-importation  from  Great  Britain  would  not  have  dimi- 
jiished  the  revenue  to  that  extent,  as,  the  continent  of  Europe  being  then  open  to  the  United  Slates,  agreat  numberof 
articles  usually  imported  from  Great  Britain,  would  have  been  supplied  by  other  countries.  A  considerable  diminu- 
tion must  take  place,^  in  relation  to  all  the  articles  which  cannot  be  thus  supplied,  or  which  may  now  be  manufac- 
tured in  the  United  States.  And  it  was  principally  on  account  of  the  uncertain  state  of  commerce  with  the  rest  of 
the  world,  that,  m  the  annual  report  of  the  lOth  December  last,  I  stated  that  "  the  piobable  defalcation  in  the 
revenue,  could  not,  for  obvious  reasons,  be,  at  this  time,  estimated  with  any  degree  of  precision." 

In  i.  S:ifion  to  the  other  inquiry  of  the  committee,  it  appears  to  me,  that  thediscriminatiou  between  the  dutiable 
articles,  would,  at  this  time,  be  inexpedient.  Those  which  will  certainlyjcontinue  to  be  imported,  particularly  spi- 
rits, wines,  teas,  sugar,  and  cotlee,  are  for  that  reason,  those  on  which  an  increase  of  duty  would  be  most  productive 
But  that  consideration  alone,  does  not  seem  sufficient  to  recommend  a  higher  rate  of  increase  on  those,  than  on  other 
articles;  and  I  think  that  a  general  and  equal  increase  on  the  rates  of  duties  now  paid,  is,  for  the  present,  the  most 
eligible  mode. 

I  have  the  licnoi-  to  be,  very  respectfully,  sir,  your  obedient  servant, 

,,         ,,    ,        w  1.  ALBERT  GALL.VTIN. 

lloiiorahie  John  vV.  Eppes, 

C'hairmati  of  the  Commitlee  of  Ways  and  Meann. 


484  FINANCE.  [1811. 


11  fh  Congress.]  "'  No.  347.  [3d  Sk.ssion. 

COMPENSATION   MADE  TO  G.    W.   ERVING, 

For  altending  the  Board  of  Commissioiiers  tinder  the  1th  article  of  the  Treaty  with  Great  Britain,   of  the  I9th 

November,  1791. 

COMMUNICATED  TO  THE  SENATE,  FEBRUARY  11,  1811. 

To  the  Senate  of  the  United  States: 

I  transmit  to  the  Senate  a  report  of  the  Secretary  of  the  Treasury,  complying   with  their  resolution  of  the 
7th  instant. 

JAMES  MADISON. 
Februanj  nth,  1811. 


Treasury  Department,  February  8th,  1811. 
Sir: 

I  have  the  honor,  in  compliance  with  the  resolution  of  the  Senate  of  the  7th  instant,  to  transmit  a  copy  ot  the 
summary  statement  of  George  W.  Krvin^'s  account,  in  relation  to  awards  under  the  7tli  article  of  the  British 
treaty.  The  commission  of  2.1  per  cent,  is  charged  on  £  sterling-  217,009  3s.  ^d.  being  the  amount  actually  received 
by  Mr.  Erving,  on  account  of  claimants  who  had  not  appointed  any  special  agent  to  prosecute  their  claims,  and  re- 
ceive the  amount.  The  accounts  themselves  are  voluminous,  have  passed  the  offices  of  the  Auditor  and  Comp- 
troller, and  are,  as  I  am  informed,  correct  in  every  respect. 

There  is  another  account  rendered  by  Mr.  Erving,  to  the  treasury,  for  a  sum  exceeding  £  sterling,  55,000,  and 
which  is  not  sent,  as  it  is  not  finally  settled,  and  no  commission  is  charged  upon  it.  That  sum  consists  of  deduc- 
tions made  from  the  awards,  genendly,  by  tiirection  of  the  Board  of  Commissioners,  for  the  benefit  of  the  United 
Slates,  in  order  to  reimburse  them  for  expenses  incurred  in  the  prosecution  of  the  claims.  A  portion  was  applied, 
by  Mr.  Erving,  towards  the  discharge  of  the  proctor's  accounts,  for  which  the  United  States  had  become  responsi- 
ble, and  a  balance,  exceeding  $100,000.  was  paid  by  him  into  the  treasury.  It  was  from  tliat  fund,  which  was  at 
the  disposal  of  the  President,  for  defraying  the  expenses  incident  to  the  prosecution  of  claims,  that  the  compensa- 
tion allowed  to  Mr.  Erving  should  have  been  deducted.  But  the  unexpended  bnlance  of  that  fund  having  been 
carried  to  the  surplus  fund,  a  new  appropriation  is  necessary,  for  the  purpose  of  settling  the  account,  and  of  repay- 
ing to  the  award  fund,  which  belongs  to  individuals,  the  sum  retained  by  Mr.  Erving,  for  the  comniission  above 
mentioned. 

There  is  no  other  information  at  the  treasury,  respecting  Mr.  Erving's  services,  but  what  results  from  the  ac- 
counts, and  fr')m  the  letter  annexed  to  the  enclosed  statement.  The  services  were  altogether  performed  in  confor- 
mity witli  the  instructions  which  he  may  have  receiveil  from  the  Department  of  State. 

I  have  the  honor  to  be,  with  the  highest  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  President  of  the  United  States. 


1811.] 


COMPENSATION    TO    G.    W.    ERVING. 


485 


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486  ...<;^;!t  FINANCE.  [1811. 

Washington,  November  25,  1810. 

Sir: 

It  appears  that  tlie  sum  of  $22,393  67,  which  stands  charged  upon  the  "  award  account"  of  my  agency  in 
London,  under  the  7th  article  of  the  late  British  treaty,  as  compensation  for  my  services  in  that  agency,  ought  to 
have  been  charged  against,  and  deducted  by  me  out  of,  that  fund  which  was  immediately  applicable  to  the  expenses 
incident  to  tlie  execution  of  the  said  7th  article;  hence,  a  difficulty,  in  point  of  form,  exists  in  adjusting  tlie  said 
••  award  account"  at  the  treasury,  which  renders  necessary  a  reference  of  the  subject  to  the  President,  through 
your  Department. 

As  all  the  business  under  the  said  treaty  was  concluded  previous  to  your  coming  into  the  Department  of  State, 
and  this  special  matter  cannot,  therefore,  be  familiar  to  you,  peiinit  me  briefly  to  explain  how  this  necessity  has 
arisen. 

The  per  centage  of  31,  which  makes  up  the  sum  ot  $33,393  67,  cliarged  as  is  above  mentioned,  was  so  charged 
by  autiiorization  of  the  then  Secretary  of  State,  given  in  consequence  ot  a  representation  made  by  me,  in  the  year 
1804.  At  that  time,  and  during  the  whole  period  of  my  service  in  P^ngland,  I  held,  by  anpointment  of  the  Presi- 
dent, three  several  office-.,  of  very  great  trust  and  responsibility,  independent  of  the  Consulate  of  London,  vi/.:  1st. 
The  law  agency  of  claims  under  the  tieaty;  this  had  been  previously  held  by  Mr.  Williams,  at  a  salary  of  $2,500 
per  annum.  2dly.  Tlie  *•'  commercial  agency,"  under  the  same  treaty,  held  by  Mr.  Cabot,  at  a  salary  of  $2,500 
perainiuiii.  And,  3dly.  The  agency  for  obtaining  the  discharge  of  seamen  from  the  British  navy,  called  "Agency 
fir  the  relief  and  protection  of  seamen,"  held  by  .Mr.  Lenox,  at  a  salary  of  $3,000,  (or  $3,500)  per  annum.  Of 
the  wliole  of  these  salaries,  making  $8,000  (or  $8,500)  per  annum.  1  received  only  $3,000  per  annum.  To  the 
claimants  under  the  treaty,  I  did  not  charge  any  commission,  nor  did  I  derive  one  cent  of  profit  in  any  shape  or 
fbi  m.  from  the  large  sums  of  public  and  private  moneys  which  were  constantly  in  my  hands.  In  adjusting  the  proc- 
tor's accounts,  I  saved  large  sums  of  money  to  the  Government;  these,  together  with  the  sums  which  I  obtained 
from  the  Board  of  Commissioners,  enabled  me  to  reimburse,  to  a  great  extent,  if  not  wholly,  the  expenses  which 
the  United  States  had  incurred  under  the  7th  article  of  the  treaty- 

The  important  and  protitable  office  of  "  Assessor"  to  the  Board  of  Commissioners,  iiad  been,  also,  conferred 
upon  me  by  the  President,  and  this  had  been  intended  as  part  of  my  compensation;  but  the  Board  having  asserted 
a  right  of  appointing  its  own  "  Assessor,"  a  contiict  hence  arose,  which  embarrassed  the  progress  of  the  public  busi- 
ness, and  menaced  very  mischievous  consequences.  On  this  account  1  withdrew  my  pretensions,  and  the  Presi- 
dent acquiesced  in  those  of  the  Boaril.  I  cannot  estimate  that  assessorship  tohave  produced  less  than  6,000  guineas, 
over  ami  above  the  salary  of  $1,500  per  annum,  which  was  attached  to  it! 

All  these  matters  having  been  fully  submitted  to  the  Secretary  of  State,  in  my  representation  above  mentioned, 
and  by  him  laid  before  the  President,  the  President  determined  to  allow  me  a  suitable  compensation;  by  his  order 
the  Secretary  of  State  wrote  to  me,  in  the  month  of  November,  1805,  the  authorization  before  adverted  to,  which 
was  in  these  words: 

"  Your  observations  on  the  reasonableness  of  some  remuneration  for  your  services,  have,  as  you  wished,  been 
submitted  to  the  President.  The  result  of  his  reflections,  i'or  the  present,  is,  that  I  should  suggest  that  you  retain, 
out  of  the  next  instalment,  in  its  passage  through  your  hands  to  the  Barings,  a  per  centage  of  2.3  on  the  awards  actu- 
ally received,  anil  to  be  received  by  you,  and  that  you  state  it  as  an  item  in  your  account  with  the  public.  This  will 
bring  the  equity  of  your  claim  regularly  before  the  Government,  and  will  leave  the  way  open  for  the  choice  of  modes 
and  iunds,  as  may  finally  appear  most  proper." 

Tiie  commission  of  il  per  cent,  herein  allowed,  as  you  will  perceive,  was  not  chargeable  on  all  the  awards  made 
by  the  Board  of  Commissioners,  but  only  on  that  portion  of  them  wherein  I  had  been  made  payee,  which  reduced 
it,  in  fact,  to  a  commission  upon  about  one-third  of  the  business  which  I  did  at  the  Board.  A  commission  to  that 
extent,  however,  would  have  been  a  full  compensation  for  the  loss  of  the  assessorship;  but.  desirrus  of  adhering  to 
tiie  strict  letter  of  the  Secretary  of  State's  instructions,  I  deducted  only  on  that  portion  of  the  awards  made  payable 
to  me,  on  which  I  finally  received  payment  from  the  British  Government,  which,  I  suppose,  was  only  about  two- 
thirds  of  the  awards  in  which  I  was  made  payee,  one-third  of  them  havuig  been  previously  transferred  by  me  to  the 
private  agents  of  the  respective  awarders;  so  that,  in  effect,  I  had  not  more  than  about  one-half  per  cent,  on  the  business 
■which  I  did  at  the  Boaril  of  Commissioners,  (not  to  mention  that  which  was  done  in  the  court  of  admiralty.)  Thus, 
tliis  commission  now  stands  charged  (pursuant  to  the  strict  letter  of  the  instiuction)  against  the  awards  on  which 
J  received  payment  of  the  Englisli  Government,  in  what  is  called  the  "  award  account,"  though,  as  it  was.  in  fact, 
a  compensation  for  the  whole  business  transacted  at  the  B;iard,  it  might,  with  propriety,  have  been,  and  probably 
it  should  have  been,  deducted  out  of  a  sum  of  $160,000,  paid  by  me  into  the  treasury,  upon  what  was  called  the 
'■  spoliation  account."  As  the  case  stands,  there  has  been  carried  to  the  public  credit,  from  the  last  mentioned 
account,  too  much,  by  the  amount  of  the  commission;  that  fund,  of  $160,000,  owes,  therefore,  and  should  payback, 
to  the  "  award  fund,"  the  same  amount. 

This  is  the  point  now  submitted,  and  on  \vhicli  an  explanation  to  the  Secretaiy  of  tlie  Treasury,  from  the  De- 
partment of  State,  is  requested. 

I  have  the  hoiior  to  be,  sir.  with  the  most  perfect  consideration  and  respect,  your  most  obedient  servant, 

GEORGE  W.  ERVING. 

To  Robert  Smith,   Secretary  of  Slate. 


nth  Congress.]  ]\o,    343,  [3d  Session. 


BANK    OF    TIIE    UNITED    STATES. 

COMMUNICATED  TO  THE  SENATE,  ON  THE  3d  OF  MARCH,    1811. 

Mr.  Clay,  from  the  committee  to  whom  v.as  referred  the  memorial  of  the  stockholders  of  the  Bank  of  the  United 
States,  praying  that  an  act  of  Congress  might  be  passed,  to  continue  the  corporate  powers  of  the  Bank,  for  a 
further  period,  to  enable  it  to  settle  such  of  its  concerns  as  may  be  depending  on  the  3d  of  March,  1811,  respect- 
fully offered,  for  the  consideration  of  tiie  Senate,  the  following  report: 

That  your  committee  have  duly  weighed  the  contents  of  the  memorial,  and  deliberately  attended  to  such  expla- 
nations of  the  views  of  the  inemorialists,  as  they  have  thought  proper  to  present  through  their  agents.  That,  holding 
the  opinion  (as  a  majority  of  the  committee  do)  that  the  constitutmn  did  not  authorize  Congress  originally  to  grant 
the  charter,  it  follows,  as  a  necessary  consequence  of  that  opinion,  that  an  extension  of  it,  even  under  the  restric- 
tions contemplated  by  the  stockholders,  is  equally  repugnant  to  the  constitution.  But,  if  it  were  possible  to  sur- 
mount this  fundamental  objection,  and  if  that  rule  which  forbids,  during  the  same  session  of  the  Senate,  the  re -agita- 
tion of  a  proposition  once  decided,  were  disregarded,  your  committee  would  still  be  at  a  loss  to  find  any  sufficient 
reasons  for  prolonging  the  political  existence  ot  the  corporation,  for  the  purpose  of  winding  up  its  affairs.    For, 


1811.]  THE    MINT. 


487 


As  it  respects  the  body  itself,  it  is  believed  that  the  existing  laws,  tlinmgh  (he  instrumentality  of  a  trust  propcriv 
constituteil.  uffnnl  as  aniple  nieans  as  a  qualified  continuance  of  (he  charter  would,  for  the  liquidation  of  its  account-", 
and  the  collection  and  final  distribution  of  its  funds.  IJut,  sliould  any  inconvenience  be  experienced  on  this  subject'. 
the  committee  are  peisuaded  it  will  be  very  partial,  and  such  as  (he  State  authorities,  upon  i)roper  appiicationi 
would  not  lail  to  provide  a  competent  remedy  for.     And, 

In  relation  to  the  community,  if  the  corporation,  stripped  of  its  banking  powers,  were  to  fulfil  bona  fide  the  duty 
of  closing  its  aftaiis,  your  committee  cannot  see  that  any  material  advantage  would  be  derived.     Whilst,  on  the  con 
trary,  if  it  should  not  so  act,  but  should  avail  itself  of  this  temporary  prolongation,  in  oider  to  effect  a  more  durable 
extention  of  its  charter,  it  might,  in  its  operations,  become  a  serious  scourge. 

Your  cimimitteeare  happy  to  say,  (hat  they  learn,  from  a  satisfactory  source,  that  the  api)rehensions  which  were 
indulged,  as  to  the  distress  resulting  from  a  non-renewal  of  (he  charter,  are  fir  from  being  realiseil  in  Philadelphia, 
to  which  (heir  infoimati(m  has  been  confined.  It  was  long  since  obvious,  that  the  vacuurii,  in  the  circulalion Of  the' 
country,  which  was  to  be  produced  b^  the  withdrawal  of  the  paper  of  the  i>ank  of  the  Tiiited  States,  would  be  filled 
by  paper  issuing  fnun  other  banks.  This  operation  is  now  actually  going  on:  the  paper  of  the  15ank  of  the  Uniled 
States  is  rapidly  returning,  and  that  of  other  banks  is  taking  its  place.  Their  ability  to  enlarge  (heir  accommoda^ 
tions  is  proportionately  enhanced;  and  whenitshall  be  further  increased  bya  removal,  into  their  vaults,  of  those  depo 
sites,  which  are  in  possession  of  the  Hank  of  the  United  States,  the  injurious  elfects  of  a  dissolution  of  (he  corporation 
will  be  found  to  consist  in  an  accelerated  disclosure  of  the  actual  condition  of  those,  who  have  been  supported  by 
the  credit  of  others,  but  whose  insolvent,  or  tottering  situation,  known  to  the  Bank,  has  been  concealed  from  th»i 
public  at  large. 

Your  committee  beg  leave  to  present  the  following  resolution: 

Resolved,  That  the  prayer  of  the  memorialists  ought  not  to  be  granted. 


nth  Congress.]  No.  349.  [3d    S 


ES';io\. 


BANK    OF   THE    UNITED    STATES. 

COMMUNICATED    TO  THE    HOUSE  OF    REPRESENTATIVES,  MARCH    2,    1811. 

Mr.  P.  B.  Porter,  from  the  committee  to  whom  was  referred  the  memorial  of  the  stockholders  of  the  Bank  of  the 

United  States,  made  the  following  report: 

That  they  have  carefully  examined  the  various  matters  set  forth  in  the  said  memorial,  and  attentively  listened 
to  the  representations  of  the  gentlemen  who  have  appeared  in  behalf  of  the  said  petitioners.  The  object  of  the  me- 
morialists is  to  obtain  an  extension  of  their  corporate  powers,  beyond  the  period  limited  for  the  expiration  of  their 
charter,  so  as  to  enable  them  to  prosecute  for  their  debts,  and  to  arrange,  liquidate,  and  close,  the  various  concerns 
of  the  company. 

The  committee  are  of  opinion  that  a  law  of  Congress,  granting  the  powers  prayed  for,  would  facilitate  the  final 
adjustment  of  the  affairs  of  the  bank,  although  they  do  not  think  such  a  law  indispensable  to  that  object.  But,  be- 
lieving, as  your  committee  do,  that,  in  granting  the  original  charter  to  the  stockholdei-s.  Congress  transcencled  the 
legitimate  powers  of  the  constitution,  the  same  objection  now  presents  itself  to  the  extension  of  any  of  their  corpo- 
rate capacities. 

If  the  committee  had  time  to  go  into  the  investigation,  and  to  present  to  the  House  the  various  reasons  which  have 
conduced  to  this  opinion,  it  would  be  more  than  useless,  to  divert  its  attention  from  the  important  concerns  of  the 
nation,  atthis  late  period  of  the  session,  to  a  subject  which,  but  a  few  days  since,  was  so  fully  and  elaborately  dis- 
cussed.    They,  therefore,  beg  leave  to  recommend  the  following  resolution: 

Resolved,  That  the  prayer  of  the  memorialists  ought  not  to  be  granted. 


11th  Congress.]  No.  350.  [3d  Session. 


MINT. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MARCH  2,  1811. 

Treasury  Department,  March  2,  1811. 
Sir: 

1  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with  sundry 
statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "  An  act  establishing  a  mint,  and  regulat- 
ing the  coins  of  the  United  States,"  passed  April  2d,  1792. 

I  liave  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Comptroller's  Office,  March  2,  1^11. 
Sir: 

The  statements  herewith,  marked  A,  B,  and  C,  have  been  prepaied  pursuant  to  the  seventh  section  of  an  act 
of  Congress,  passed  the  2d  of  April,  1792,  entitled  "  An  act  establishing  a  mint,  and  regulating  the  coins  of  the  United 
States."  They  contain  all  the  information  relative  to  the  transactions  of  the  mint,  which  the  settlements  at 
the  treasury  enable  me  to  give. 

I  have  the  honor  to  be,  sir,  with  great  respect,  your  obedient  servant, 

G.  DUVALL. 
Honorable  Albert  Gallatin. 


488 


FINANCE. 


[1811. 


Statement  e.l.HUin,  the  balance  of  Gold  -^/^J'- -TZ/^^SJ^J^^^^^^ 

of  Dece>nber,\m9;  the  «'r''''^''^'''^°  ^  ,.!/lr    /ntl/es  a^  the  balance  remaining  in 

%il:Li:fif^:3ce:st^^^^^^ 


Oz.      Dwt.   Gr. 


Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint 

December  31,  1809,      -  -  '    „.     'r.         i"      ,qia 

Gold  bullion  deposited  from  1st  January  to  31st  December,  1810, 


Amount  paid  for  deposites  of  gold,  from  1st  January,  to  3)^t  December   18^^ 
Add  gold  coins  in  the  hands  o!  the  treasurer  of  the  mint  on  the  31st  Dectmbei, 
1810,       -----""■" 

Deduct  this  sum.  being  a  balance  of  gold  coins  in  the  Bank  of  the  United  States 
ACS^'mnS--S'of  treasury  .arrant  No.- 2,262,-issuedtocover 
wastage  during  the  year  1810, 

Gold  coins  made  at  the  mint  from  January  1  to  December  31,  1810.  viz:  half 

pi'^les   476.555.     Weight  and  value,  -  -        -t.  "       ■     "   ,oin 

Gold  buUion  in  the  hands'of  the  officers  of  the  mmt  on  31st  December,  1810, 
Profit  and  loss  for  this  sum,  allowed  lor  wastage  m  the  year  1810, 

As  above. 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  offic^ers  of  the  mint, 

December  31st,  1809,  -  "  "        ,a\n 

Silver  bullion  deposited  from  1st  January  to  31st  December,  1810, 


Amount  paid  for  deposites  of  specie,  from  1st  January  to  31st  December,  1810 
A^fd  silver  coins  in  the  hands  of  the  treasurer  ot  the  mmt  on  31st  December, 
1810,      -----  

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  Bank  of  the  United 

Al ':ihi;"^;bSnr  ~.^S'treasu.y  warrant  No;2,262,  Issued  \o  cover 
wastage  during  the  year  1810, 

Silver  coins  made  at  the  mint,  from  January  1  to  December  31,  1810,  viz: 
dimes,  0,355,  half  dollars,  1,276,276.     Weight  and  value,  -  -  - 

Silver  builiJn  in  the  hands  of  the  officers  ot  the  mmt  on  31st  December,  1810, 
Profit  and  loss  for  this  sum,  allowed  for  wastage  m  the  year  1810, 

As  above,  ..  -  - 


2,712       9       6 
25,053     16     17 


D0II3.  Cts.  M. 


48,219  99   0 
445,401  30   0 


27,766   5  23 


493,621  29   0 


489,679  20   0 
9,788  47   5 


21,576  71   5 
1,335  96   0 


499,467  67 


22,912  67   5 


26,806   4   9   476,555   0   0 
■3  11  20    15,528  73   5 


605.763   6  23 


86 

9  18 

1,537 

55 

5 

27,766 

5  23 

493,621 

29 

0 

50,762 
555,000 

17  23 
9   0 

58,565 
640,385 

87 
5 

0 

0 

Comptroller's  Office,  February  28,  1811. 


698,950  92   0 


26.978  50  00 
4,769  34  00 


668,012  85   0 
2,508  49   0 


670,521  34   0 


31,747  84   0 


554,103  14  00 

49,584   9  00 

2,075   3  23 


605,763   6  23 


638,773  50   0 

57,782  97   0 

2,394  45   0 


098,950  92   0 


ANDREW  ROSS»  Clerk. 


1811.] 


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C. 


Summary  Slatement  exhibiting  the  value  of  Coins  made  at  the  Mint;  the  amount  of  disbursements  on  account  of 
the  establishment;  the  amount  allowed  for  ivastage;  the  amount  retained  of  deposites;  and  the  amount  gained 
on  the  coinage  of  Copper  from  the  commencement  of  the  institution  to  the  31s/  December,  1810. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint  to  31st  December, 
1809,      ----...---. 

Do.  of  gold  coins  made  from  1st  January  to  31st  December,  1810,  per  account 
herewith,  marked  A,    - 

Do.  of  silver  coins  made  from  1st  January  to  31st  December,  1810,  per  said 
account,  marked  A,     - 

Do.  of  copper  coins  made  from  1st  January  to  31st  December,  1810,  per  ac- 
count herewith,  marked  B,      - 

Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  SlstDecember,  1809, 
per  account  rendered,  ....... 

Add  amount  gained  on  the  coinage  of  copper  to  the  same  period,  do. 

From  the  above,  deduct  amount  of  wastage  on  gold  and  silver  to  the  same 
period,  ......  $31,599  11 

To  the  above,  add  the  amount  retained  fromdeposites  to  the  same 

period,  ..--...         3,871  83.5 


Add  amount  disburseil  on  account  of  the  establishment  from   1st  January  to 

31st  December,  1810,    -  -  -  - 

Add,  also,  amount  of  wastage  on  gold  and  silver  to  31st  December,  1809, 
Do.  do.  from  1st  January  to  31st  December,  1810, 

From  the  above,  deduct  amount  retained  from  deposites  to  31st  December, 
1809,  -  -  -  -  -  -  •-       $3,871  83.5 

Also,  the  amount  retained  fromdeposites  from  1st  January  to  31st 

December,  1810,  -  -  -  -  -  -  191  34 


Deduct  amount  gained  on  coinage  of  copper  from  the  commencement  of  the 
institution  to  the  31st  Deceudjer.  1810,  as  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  the  cuinage  of  gold,  silver,  and  copper,  from  the 
commencement  of  the  institution  to  the  31st  December,  1810,  including 
the  cost  of  lots,  buildings,  machinery,  &c.     ---..- 


Dollars.     Cents. 


476,555  00 

638,773  50 

16,140  00 


350,082  77 
37,331  53.5 


387,414  29.5 


27,727  27.5 


31,599  11 
3,832  00.5 


35,431  11.5 


4,063  17.5 


Dollars.       Cents. 


8,346,146  21 


1,131,468  50 


9,477,614  71 


359,687  02 
26,859  15 


31,307  94 


417,914  11 
37,331  52.5 


380,582  58.5 


Comptroller's  Office,  March  1,  1811. 


ANDllEW  ROSS,  Clerk. 


11th  Congress.] 


iNo.  351. 


[3d   Session. 


FINES,    PENALTIES,    AN  D  FO  RFEITUR  ES, 

For  violations  of  the  Embargo  and  Non-intercourse  Laws,  and  the  Expenses  of  Prosecutions. 

COMMLNICATED    TO    THE    HOUSE    OF    REPRESENT.\T1  VES,    MARCH    2,    1811. 


Sir: 


Treasukt  Department,  March  2, 1811. 


I  have  the  honor,  in  pursuance  of  the  resolution  of  the  House  of  Representatives,  to  transmit  a  statement  of 
fines,  penalties,  and  forfeitures,  and  of  expenses  attending  prosecutions  under  the  embargo  and  non-intercourse 
laws,  as  exhibited  in  the  accounts  of  (he  collectors  of  the  customs  rendered  to  the  treasury. 

Complete  informati()n  on  that  and  on  the  other  subjects  embraced  by  the  resolution  of  the  House,  could  only  be 
obtained  from  the  district  attorneys.  A  letter  was  accordingly  addressed  to  them,  requesting  statements  on  those 
several  points.  Answers  not  havnig  yet  been  received  from  all  of  them,  the  report  required  by  the  House  is  neces- 
sarily delayed  till  tiie  next  sessicm  of  Congress. 

I  have  the  lionor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  of  the  House  of  Representatives. 


1811.] 


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494 


FINANCE. 


[1811. 


Statement  of  expenses  attending  prosecutions  ruuler  the  embargo  and  non-interrovrse  lams,  paid  by  the  United  Stales, 
as  exhibited  in  the  accounts  of  the  collectors  of  the  customs  adjusted  at  the  Treasury. 


Districts. 

Collectors. 

In 

whut  quarter. 

Arising  from 

Amount  of 

- 

costs. 

Saco, 

Jeremiali  Hill. 

1st 

quarter 

1809, 

Suits  against  individuals.     - 

_ 

$226  65 

Daniel  Granger,     ■• 

4th 

do 

1809, 

Suits  on  embargo  and  non-intercourse  bonds,  | 

185  63 

Portland, 

Isaac  Ilsley. 

3d 

do 

1809, 

Seizure  ol  boat  Independence,  &c 
Suits  against  individuals,     - 
Suits  on  embargo  bonds. 

- 

51  97 
560  .57 
166  63 

Bath, 

Joshua  AVingate.  jr. 

1st 

do 

1810, 

Do                  do 

- 

89  80 

Wiscasset, 

Francis  Cook, 

1st 

do 

1809, 

Seizure  ol  ship  Huntress,     - 
Do              schooner  Harmony, 

: 

38  35 
198   19 

1st 

do 

1810, 

Suits  on  embargo  bonds. 

- 

67  27 

Waldoborough, 

Joseph  Farley, 

3d 

do 

1809, 

Seizure  of  schooner  Enterprise, 
Sales  of  sloop  Joseph, 

-   151  00 

133  54 

1 
Josiah  Hook. 

1th 

do 

1809, 

Costs, 

Sales  of  muskets.  &c. 

153  54 

2  54 

Penobscot, 

-     79  76 

1                           ■       ;■ 

Costs.           .           -            - 

-     82  71 

2  95 

1st 

do 

1810, 

Suits  on  embargo  bonds. 

. 

388  36 

Machias, 

Lemuel  Trescott,  - 

2d 

do 

1810, 

Suits  against  individuals,     - 

- 

158  87 

New  London, 

Jeded'h  Huntington, 

4th 

do 

1808, 

Merchandise  seized, 

- 

199  46 

Baltinuiie, 

Jas.  H.  McCulloch. 

iid 

do 

1809. 

Suits  against  individuals.     - 

- 

57  76 

2d 

do 

1810, 

Seizure  of  ship  Spartan, 
Do              schooner  Juliana,  &c. 
Do              ship  Alligator,     - 
Do               schooner  Juliana, 
Do              schooner  Virginia,  &c. 
Do              schooner  William, 
Suits  against  individuals,    - 

- 

188  43 
290  86 
885  73 
254  18 
451  28 
139  64 
967  42 

Alexandri:!,     - 

Charles  Siinms. 

1st 

do 

1810. 

Do                  do 

- 

47  45 

Charleston, 

Simeon  Theus. 

4th 

do 

1809. 

Seizure  ol  ship  Daphne,  &c. 

Total, 

97  83 

$5,851   45 

Abstract  of  expenses  of  prosecutions  under  the  embargo  and  non-intercourse  laws,  in  which  the  United  States  were 
subjected  to  the  costs,  which  are  charged  in  the  accounts  of  the  custo7ns,  thai  remain  unadjusted  in  the  Auditor's 
office,  this  -iOth  day  of  January,  1811. 


Districts. 


Collectors. 


Middietoun, 


Newbern, 
Waldoborough, 


Alx.  Wolcott, 


Fran.Havvkes 
Josh.  Farley. 


New  Bedford,  i  Edward  Pope, 


Boston. 
Boston. 


Benj.  Lincoln 
H.  Dearborn, 


Against  whom. 


John  Curtis, 
Joini  Parneal, 

Nat.  Doanc. 
Wm.  Wheat, 
Will.Goodlish 

Dav.G.Trot, 

John  Eager, 
Bela  Jacobs, 
Sch'ner  John. 


Cause  of  action. 


On  an  embargo  bond. 
Failing    to    deliver 

100  barrels  flour. 
On  an  embargo  bond. 
Do  do 

For  a  violation  of  the 

embargo  law. 
On  an  embargo  bond, 
Do  do 

Do  do 

For  a  bleach  of  the 

embargo  lav. , 


Costs 


$195  63 

71  34 
62  92 
62  15 

21  48 
67  52 
40  12 
40  12 

269  72 


1.749  58 
1,295  51 


Remarks. 


This  flour  was  seized  and  deposited 
with  J.  Parneal,  for  safe  keeping. 


Restoration  decreed. 

'These  sums  are  charged  in  the  Bos- 
ton accounts,  for  the  3d  quarter 
1810,  as  paid  Benj.  Prince,  the 
marshal,  for  costs  attending  the 
detention  and  seizure  of  mer- 
chandise and  vessels,  made  by 
the  late  and  present  collectors; 
the  particulars  cannot  be  stated 

L    from  the  accounts  sent  on. 


1811.1  STATE    OF   THE   FINANCES.  495 


12tli  Congress.]  No.  352.  [1st  Seasiox. 

STATE   OF   THE   FINANCES. 

OOMMUNICATKll    TO   THE  SENATE.  NOVEMBER  25,  ISII. 

In  obedience  to  the  directions  of  the  ;ict  supplementary  to  tlie  act,  entitled  '•  An  act  to  establish  the  Tieasuiy 
Department,  the  Secretary  of  the  Treasury  respectfully  submits  the  following  report  and  estimates: 

RECEIPTS    AND   EXPENDITURES. 

I.    To  the  end  of  the  year  \f^\\. — The  actual    receipts  into  the  treasury,  durin^;  the  year  ending  on  the  ^Oih  of 
September,  1811,  have  consisted  of  the  following  sums,  vi/.: 
Customs,  sales  of  lands,  arrears,  repayments,  and  all  other  branches  of  revenue,  amounting,  together,  as  appears 
by  the  statement  E,  to        -  -  -  -  -  -  -  -  -  -    $13,51  U-lKi  .-57 

Temporary  loan  of  .31st  December.  1810,     --------         2,750,00000 

Total  amount  of  receipts.      -  -  -  -  -  -  -  -  -   .        -     *10,-39I.l40  37 

Making,  together  with  the   balance  in  the  treasury  on  the  1st  of  October,  1810.  and  amounting  to         3,459,0-29  72 

An  aggregate  of         ----------  -    Ssi9.750.476  09 


The  disbursements  during  the  same  year,  have  been  as  follows,  vi/,: 

Civil  department,  including  miscellaneous  expenses,  and  those  incident  to  the  intercourse  with 
foreign  nations.        -----------       $1,360,858  98 

\rmy,  fortifications,  arms,  and  arsenals.      -  -  -  -  -  $2,129,000 

Navy  Department.    -  --.--.--  2.136.000 

Indian  Department,   ---------  142.725 

4,407.725  00 

Payments  for  interest  on  the  public  debt.     --------         2,225,800  93 

Total  current  expenses,        -  -  -  -  -  -  -  -  -  -       $7,991,384  91 

Reimbursement  of  the  temporary  loan  (in  March  anfl  September.  ISll.)  -  -  -  -         2,750.000  00 

Payments  on  account  of  the  principal  of  the  public  debt.    ------  5.058,27282 

Amounting,  together,  as  will  appeal-  more  in  detail  by  the  statement  E.  to  -  -  -      $15,802,657  73 

And  leaving  ill  the  treasury,  on  the  30fh  of  September.  1811.  a  balance  of  -  -  -  3,947,818  36 

$19,750,476  09 


The  actual  receipts,  arising  from  revenue  alone,  and  exclusively  of  the  temporary  loan  since  yeimbursed.  appear, 
from  this  statement,  to  have  exceeded  the  current  expenses,  including  therein  the  interest  paid  on  tlie  debt,  by  a 
sum  of  more  than  five  millions  and  a  half  of  dollars.  But  the  payments  on  account  of  interest,  durnig  the  year  end- 
ing on  the  30th  of  September.  1811,  have,  I'rom  an  unavoidable  delay  in  making  the  usual  remittances  to  Holland, 
fallen  sliort  of  the  amount  due  during  the  same  period;  and  the  real  excess  of  receipt>  arising  from  revenue,  beyond 
the  current  expenses,  including  therein  the  interest  accrued  on  the  debt,  amounts  (mly  to  near  5.100,000  dollars. 

The  receipts  for  the  last  quarter  of  the  year  1811.  are  estimated  at  3,300.000  dollars:  and  the  expenditures  (in- 
cluding the  payments  of  arrears  of  interest  and  near  2,160.000  dollars,  on  account  of  the  principal  of  the  public  debt) 
at  4.30O.O00  dollars,  which  will  leave,  at  the  end  of  the  year,  a  balance  in  the  treasury,  of  near  three  mdlions  ot 
dollars.  It  will  not.  therefore,  be  necessary  to  resort,  for' tlie  c=ervice  of  t!  e  present  year,  to  the  loan  authorized  by 
the  act  of  the  last  session  of  Congress. 

II.  }>«)•  1812.— It  is  ascertained  that  the  nett  revenue  arising  from  duties  on  merchandise  and  tonnage,  which 
hv.^accnicd  during  the  three  first  quarters  of  the  year  1811,  exceeds  six  millions  of  dollars;  and  it  may,  tor  the 
wliole  ye'ir.  be  estimated  at  ab'iut  7,500,000.  .  . 

The  custom  house  bonds  outstanding  on  the  1st  day  of  .iiviuiarv.  lsl2.  and  falling  due  ni  (hat  year,  nre  also  esti- 
mated, after  deducting  bad  debts,  at  7.500,000  dollars.  This  sum  may  therefore  be  assumed  as  (he  probable  amount 
of  receipts  into  the  treasury  during  tiie  year  1812,  on  account  of  duties  on  merchandise  and  tonnage:  the  portion  of 
the  revenue  arising  from  iinportations  subsequent  to  the  present  year,  which  will  be  received  in  1812.  being  consi- 
dered sufficient  to  pay  the  debentures  and  expenses  of  collection  of  that  year.  ,     ■         , 

The  payments  made  by  purchasers  of  public  lands,  north  of  the  river  Ohio,  having,  during  the  two  last  years. 
after  deducting  the  expenses  and  charges  on  that  fund,  amounted  to  near  600.000  dollars  a  year,  that  branch  of 
revenue  may,  for  the  piesent,  be  estimated  at  that  sum.  Allowing  one  hundied  thousand  dollars  tor  the  other  small 
items  cf  revenue,  which  will  consist  principally  of  arrears  and  re-payments,  tlie  whole  amount  )t  actual  receipts  into 
the  trea>ury,  during  the  year  1812,  may  therefore  be  estimated  at  8.200.000  dollars. 
The  current  expenses  f'lr  the  same  year,  are  estimated  as  folioweth,  v./.: 

1.  Expenses  of  a  civil  nature,  both  domestic  and  foreign.  -  -  -  -  ■  -     $1,260,000 

2.  Military  and  Naval  establishments,  according  to  the  estimates  of  those  two  departments,   and  in- 
cludins  the  additional  permanentappropriatio!isfurt:iepurchaseof  arms  and  lor  Indian  annuities,  vr/.: 
Army  (including  32.000  dollars  foi- tite  militia)  -----         $2,581,000 

\rsenals.  arms,  and  ordnance.  -------  (>14,000 

Naval  l^'partment,        ---------  2,500,000 

Indian  Department.       ---------  220.000 

5. 9 1  J. 000 

3.  Interest  on  the  public  debt.      ---------  2.225.000 

Amounting,  together,  to  --------  -  -     $9.400.000 

And  exceeding,  by  1.200,000  dollars,  the  probable  amount  of  receipts. 

This  deficit  may  be  paid  out  of  the  sum  of  three  millions  of  dollars  in  the  treasury.  But,  under  existing  circum- 
stances, it  does  not  seem  eligible  to  exhaust  that  fund;  and  the  estimate  of  receipts  being  also  liab:e  to  more  than 
usual  uncertainty,  the  propriety  of  authorizing  a  loan  sufficient  to  supply  that  ditterence,  and  to  defray  such  other 
extraoi'dinary  expenses  as  may  be  incurred  during  the  year,  is  respectfully  submitted. 

It  must,  at  the  same  time,"  be  observed,  that  the  sum  of  9,400,000  dollars,  thus  stated  as  the  amount  oi  current 
expenses  for  the  year  1812,  includes.,  in  fact,  a  portion  of  extraordinary  expenses  arising  from  the  present  state  ot 
aftiiirs:  for,  if  the  military  and  naval  expeiuliture  had  been  estimated  at  a  sum  not  exceeding  the  amount  actually 


496  FINANCE.  '  [1811. 


expended  for  those  objects  during  the  year  ending  on  the  30th  of  September,  1811,  that  is  to  say,  at  4,400,000  instead 
of  5,900,000  dollars,  the  estimate  ot  receipts  woufd  exceed  that  of  current  expenses. 

The  disbursements  on  account  of  the  naval  establishment  iiave  amounted,  in  tlie  year  ending  on  the  30th  Sep- 
tember, 1810,  to  -------...-  $1,675,000 

And  in  the  year  ending  on  the  30th  September,  1811,  to     ------  2,136,000 

They  are  estimated,  for  the  year  1812,  at    -  -  -  -  -  -  -  -  2,500,000 

The  disbursements  on  account  of  the  military  establishment  have  amounted,  in  the  year  ending  on  the  30th  Sep- 
tember, 1810,  to  -----------  $2,309,000 

Ami  in  the  year  ending  on  the  30th  September,  1811,  to    ------  2,129,000 

They  are  estimated,  for  the  year  1812,  at  -  -  -  -  -  -  -  3,195,000 

But  the  detailed  annual  estimates  of  the  year  1812  will  show  that  they  are  predicated  on  the  employment  of 
almost  the  whole  naval  force,  and  of  the  whole  military  establishment  of  the  United  States,  as  authorized  by  law; 
covering,  besides  several  other  items,  all  the  expenses  of  more  than  seventeen  thousand  eftective  men  in  the  land  and 
sea  service. 

With  respect  to  tlie  payments  on  account  of  the  principal  of  the  debt,  it  is  evident  that  an  authority  to  borrow  a 
sum  equal  to  that  which  wdl  be  reimbursed  during  the  year  1812,  will  be  necessary.  The  payments,  which,  accord- 
ing to  law,  must  be  made  during  that  year,  on  that  account,  consist  of 

1.  Annual  reimbursement  of  six  per  cent,  and  deferred  stocks,  .  -  .  .  $1,570,000  00 

3.  Reimbursement  of  the  residue  of  the  converted  stock,         .  -  -  .  .  565,318  41 


Amounting,  together,  to  -  .  .  -  -  $2,135,318  41 


This  sum,  and  that  payable  for  interest,  amounting  together  to  4,360.000  dollars,  leave,  in  order  to  complete  the 
annual  appropriation  of  eight  millions,  a  balance  of  3,640,000  dollars,  which  can  be  applied  in  no  other  manner  than 
in  purchases  of  stock  at  the  prices  limited  by  law.    The  amount  wliicli  may  be  thus  applied,  is  therefore  uncertain. 

PUBLIC  DEBT. 

It  appears,  by  the  statement  D,  tiiat  the  payments  on  account  of  the  principal  of  the  public  debt   will,  from  the 
1st  of  October,  1810.  to  the  31st  December,  1811,  have  exceeded  six  millions  four  hundred  thousand  dollars.    WitJi 
the  exception  of  the  annual  reimbursement  of  the  six  percent,  and  deferred  stocks,  there  will  remain,  at  the  end  of 
the  year  1811,  no  other  portion  of  the  public  debt  reimburseable  at  the  will  of  the  United  States,  than  the  residue  of 
converted  stock,  amounting-,  as  above  stated,  to  565,000  dollars,  and  which  will  be  paid  in  the  year  1812.     There 
being  nothing  afterwards  lelt,  on  wiiich  the  laws  passed  subsequent  to  the  year  1801,  for  tiie  redemption  of  the  debt, 
can  operate,  a  general  view  of  the  result  and  eft'ect  of  tiiose  laws  will  now  be  presented. 

Exclusively  of  near  three  millions  of  unfunded  debt  since  reimbursed,  as  detailed  in  the  report  of  the  18th  of 
April,  1808,  fhe  public  debt  of  the  United  States  amounted,  on  the  1st  of  April,   1801.  to  -  $79,926,999 

As  will  appear  by  the  statement  Dd.     The  whole  amount    of  principal  extinguished  during  the 
period  of  ten  years  and  nine  months,  commencing  on  the  1st  of  .\prll,  1801,  and  ending  on  the  31st  of 
December,  1811,  exceeds  forty-six  millions  of  dollars,  viz: 

Foreign  debt,  paid  in  full,  -  -  -  -  -  -  -  -      $10,075,004 

Fjight  per  cent.,  live  and  a  half  per  cent.,  four  and  a  half  per  cent.,  and  Navy  six  per 
cent,  stocks,  and  temporary  loans  due  on  the  1st  ol  April,  1801,  to  the  Bank  of  the  United 
States,  all  paid  in  full,  -  -  -  -  -  -  -  -  12,657,700 

Six  percent,  and  deferred  stocks,  including  the  exchanged  stock  reimbursed,  -       20,820,744 

Three  per  cent,  stock,  including  converted  stock  reimbursed,  .  .  -         2,379,269 

Registered  debt,  and  debt  due  to  foreign  officers,  -  -  .  -  .  90,093 

46,022,810 


Leaving  the  amount  of  old  debt  unredeemed  on  the  1st  of  January,  1812.  -  -  -  $33,904,189 

And  consisting  of  the  following  species,  viz: 

Six  per  cent,  and  deferred  stocks,  unredeemed  amount,  -  .  .  -       17,067,096 

Three  per  cent,  stock,       -------  16,157,890 

Convertetl  stock    --------  565,318 


16.723,208 
1796  six  per  cen(.  stock,    ---------  80,000 

Registered  debt,  and  debt  due  to  foreign  officers,  .  .  -  -  .  33,885 


$33,904,189 


And  to  which,  adding  the  Louisiana  six  per  cent,  stock,  being  a  new  debt,  contracted  subsequent  to  the 

lstof.\pri!,    1801,             ----------  11,250.000 

Makes  the  whole  amount  uf  public  debt,  on  the  1st  of  .January,  1812,         -            .            .            -  45,154,189 

The  annual  interest  on  the  public  debt,  due  on  the  1st  April,  1801,  amounts  to  -                         -  $4,180,463 
The  annual  interest  on  the  public  debt,  extinguished  between  the  1st  April,  1801,  and  the  1st  January, 

1812,  amounted  to             -            -            -            -            -            -            -            -            -            ..         '  .  2,632,983 

Leaving,  for  the  amount  of  annual  interest,  on  the  old  debt  unredeemed,  on  1st  January,  1812,            -  1,547,481 

The  annual  interest  on  tiie  Louisiana  stock  is          -....-..  675,000 

Making  the  annual  interest  on  the  whole  debt,  due  on  the  1st  January.  1812,       -            -            -            -  $2,222,481 

AVhich,  subtracted  from  the  annual  interest  on  the  debt  due  on  1st  .\pril,  1801  -            -            -            -  4,180,463 

Leaves,  for  the  difference  between  (lie  amounts  of  interest  lespectively  payable  at  those  two  dates,       -  $1,957,982 


The  disposable  national  revenue,  or  tliat  portion  which  alone  is  applicable  to  defray  the  annual  national  expen- 
ses, consists  only  ot  tlie  surplus  o(  the  gross  amount  of  reveime  collected,  beyond  the  amount  necessary  for  paying 
the  interest  on  the  public  debt.  A  diminution  of  that  interest  is,  with  respect  to  the  ability  of  defraying  the  other 
annual  expenses,  a  positive  increase  of  revenue,  to  the  same  amount.  With  an  equal  amount  of  gross  revenue,  the 
revenue  applicable  to  defray  tiie  national  expenses  is  now,  by  tlie  effect  of  the  leiluction  of  the  ilebt,  two  millions 
six  hundred  thousand  dollars  greater  than  on  the  1st  day  of  April,  1801.  Or,  if  another  view  of  the  subject  be 
thought  more  correct,  the  laws  for  the  reduction  of  the  debt  have,  in  ten  years  and  nine  months,  enabled  the  United 
States  to  pay  in  full,  the  purchase  money  of  Louisiana,  and  increased  their  revenue  near  two  millions  of  dollars. 

If  the  amount  of  annual  payments,  on  account  of  both  the  principal  and  interest  of  the  public  debt,  during  the 
last  eight  years,  be  contrasted  with  the  payments  hereafter  necessary  for  the  same  purpose,  the  difference  wdl  be 
still  more  striking.  Eight  millions  of  dollars  have  been  annually  paid,  on  that  account,  during  those  eight  years. 
'J'he  whole  amount  payable  after  the  year  1812,  including  the  annual  reimbursement  on  the  six  per  cent,  and  deferred 
slocks,  is  $3,792,382:  making  an  annual  difference  of  more  than  four  millions  two  hundred  thousand  dollars,  which 
Avill  be  liberated  from  that  appropriation.  And  this  annual  payment  of  about  three  millions  eight  hundred  thousand 
dollars,  would  have  been  sufficient,  with  some  small  variations,  to  discharge,  in  ten  years,  the  whole  of  the  residue 
of  tlie  existing  debt,  with  the  exception  of  the  three  per  cent,  stock,  the  annual  interest  on  which  amounts  only  to 


1811.]  STATE   OF  THE   FINANCES.  497 

four  hundred  and  eighty-five  thousand  dollars.  The  aspect  of  the  foreign  relations  of  the  Il'nited  States,  forbids, 
however,  the  hope  of  seeing  the  work,  ccnnpleted  within  that  short  period.  Tlie  redemption  of  principal  has  been 
effected  without  the  aid  of  any  internal  tuxes,  either  direct  or  indirect:  without  any  additimi,  during  thet  last  seven 
years,  to  the  rate  of  duties  on  importations,  wliicli,  on  the  coniiary,  have  been  impaired  by  tiie  repeal  of  that  on  salt, 
and  notvvilh'-tanding  the  great  diminutimi  of  connneree  during  the  last  four  years.  It  therefore  proves,  decisively, 
the  ability  of  the  United  States,  with  tlieir  ordinary  reveiuie,  to  disciiarge,  in  ten  years  of  peace,  a  debt  of  forty -two 
millions  of  dollars  j  a  ("act  which  considerably  lessens  (he  weight  of  the  nu>st  formidable  objection,  to  which  thai  reve- 
nue, depending  almost  solely  on  coiiunerce,  ai)peais  to  be  liable.  In  time  of  peace,  it  is  almost  sufficient  to  defray 
the  expenses  of  a  war:  in  time  ol  war,  it  is  hardly  competent  10  sujiport  the  expenses  ot  a  jteace  establishment. 
Sinking,  at  once,  under  adverse  circumstances,  from  fifteen  to  six  or  eight  millions  of  dollai-;.  it  is  oidy  by  a  perse- 
veringapplication  of  the  sur[)lus,  which  it  atfords  in  years  of  prosperity,  to  tlie  dischaige  of  tlie  debt,  that  a  total 
change  in  the  system  of  taxation,  or  a  perpetual  accumulation  ol  debt  can  be  avoided.  Jlut,  if  a  similar  appli(ation 
of  such  surplus  be  herealter  strictly  adhered  to,  forty  millions  of  debt,  contracted  during  live  or  six  years  of  war, 
may  always,  without  any  extraordinary  exertions,  be  reimbursed  in  ten  jears  of  peace. 

This  view  of  the  subject  has,  at  the  present  crisis,  appeared  necessaiy,  for  the  [(urpose  of  distinctly  pointing  out 
one  of  the  |)rincipal  resources,  within  the  reach  ol  the  United  States.  But,  to  be  placed  on  a  solid  foundation,  it 
requires  the  aid  of  a  revenue.  "  sufficient,  at  least,  to  defray  the  ortlinaiy  expenses  of  (ioverninent,  ami  to  |iay  the 
interest  on  the  public  debt,  including  that  on  new  loans  which  may  be  authori/.ed." 

PROVISION  FOR  TIIE  ENSUING  YEARS. 

The  revenue  is  derived  from  two  sources — the  duties  on  importations,  and  the  sales  of  public  lands. 

The  nett  revenue,  arising  from  duties  on  merchaiulise  ami  t(jnn;ige,  which  accrued  during  the  year  1S09,  amount- 
ed to  $G,5-27,I6t^.  The  nett  revenue,  arising  from  the  same  sources,  which  accrued  during  the  year  IHIO,  amounted, 
as  will  appear  by  the  statements  A  and  B,  to  $10,513,490;  the  same  revenue,  for  theyear  181 1,  is  estimated,  as  has 
already  been  stated,  at  $7,500,000.  A  portion  of  the  revenue  of  this  year  ha\ing  been  collected  on  British  mer- 
chandise, imported  before  the  i)rohibition  took  ert'ect,  the  permanent  revenue,  arising  from  duties  on  tonnage  and 
merchandise,  will  not  probably,  at  their  present  rate,  and  under  existing  circumstances,  exceed  $6,000,000 — an 
estimate  which  is  corroborated  by  the  view  of  the  subject  exhibited  in  the  statement  B  2. 

The  sales  of  the  public  lands,  north  of  the  river  Ohio,  have,  duiiiig  the  year  ending  on  the  :!0th  September.  IHll, 
amounted,  as  appears  by  the  statement  C,  to  207,000  acres,  and  the  payments  by  purchasers,  to  .'$000,000.  It  has 
already  been  stated,  that  those  payments,  on  the  aTerage  of  the  two  last  years,  amount,  alter  deducting  the  expen- 
ses and  charges  on  tliat  fund,  to  the  annual  sum  of  $000,000. 

The  sales  in  t!ie  Mississippi  territory  being,  in  the  first  instance,  ajjpiopiiated  to  the  payment  of  $1,250,000  to 
the  Slate  of  Georgia,  are  distinctly  stated. 

The  permanent  revenue  or  antiual  receipts,  after  the  year  1812,  calculated  on  the  existing  state  of  aftiiir-;.  may, 
therefore,  be  estimated  at  -  -  -  -  -  -  -  -  $i;,ti00,000 

Which,  deducted  tVom  llie  ainiual  expenditures,  calculated  on  (he  same  [jiinciph',  and  amounting. by 
the  preceding  estimates  foi-  the  year  1S12,  to  -----  -  9.200,000 


Leaves  a  deficiency  to  be  |)rovided  for.  of  .  -  .  .  $2,000,000 

An  addition  of  fifty  per  cent,  to  the  present  aino'.int  of  duties,  (together  with  a  continuance  of  the  temporary 
tluties  heretofore  designated  by  the  nani(?  of"  .Mediterranean  Fund.")  will  be  sufficient  to  supply  that  deficiency, 
and  is  resjiectfully  submitted.  This  mode  appears  i)refeiable  for  the  present  to  any  internal  tax.  \\\\h  respect  to 
the  sales  of  public  latuls,  besides  affording  a  supphMnentary  fund  foi-  the  ultimate  redemption  of  the  public  debt,  they 
may,  without  any  diminution  of  revenue,  be  usefully  applied  as  a  bountv  to  soldiers  enlisting  in  the  regular  service, 
and  in  facilitating  the  teims  of  loans.  But  it  tloes  not  appear  iliatthe  actutil  receipts  into  the  treastiry.  arising  from 
the  sales,  can  be  materially  increasetl.  without  a  reduction  in  tlie  piice.  unless  it  be  by  an  attempt  to  offer  certain 
partions  for  sale  in  the  large  cities  of  the  Union. 

The  same  amount  of  revenue  woiihl  be  necessary,  and.  witli  t!ieaid  ol'loins.  wtuld,  it  is  believed,  be  sufficient  ifi 
case  of  war.  The  same  increase  of  duties  would  iheiefore  be  ecpuiliy  necessary  in  that  e\ent.  Whether  it  would  be 
sufficient  to  produce  the  same  amount  of  revenue,  as  under  existing  circumstances,  cannot  at  present  be  determined. 
Should  any  (leficiency  arise,  it  may  be  supplied,  without  dilficiilty.  by  a  further  increase  of  duties,  by  a  restoration 
of  that  on  salt,  and  a  proper  selection  of  model  ate  internal  taxes.  To  raise  a  fixed  revenue  of  only  nine  millions  of 
dollars,  is  so  much  within  the  compass  of  the  national  resources,  so  much  less  in  |)roportion  than  is  paid  by  any 
other  nation,  that,  under  any  circumstances,  it  will  only  require  the  will  of  the  liegislature  to  effect  the  object. 

The  possibility  of  raising  money  by  loans  to  the  amount  which  may  bj  wanted,  remains  to  be  examined:  for, 
the  fact  that  the  United  States  may  easily,  in  teti  years  of  peace,  extinguish  a  debt  of  forty -iwd  millions  of  dollars, 
does  not  necessarily  imply  that  they  could  borrow  that  sum  during  a  period  of  war. 

In  the  present  state  of  the  world,  foreign  loans  may  be  considered  a>  nearly  unattainai)le.  In  thai  respect,  as  in 
all  others,  the  I'nited  States  must  solely  rely  on  their  own  resources.  The.-"  have  their  nitural  bounds,  but  are 
believed  to  be  fully  adi'(iuate  to  the  support  of  all  the  national  force  that  can  be  usefully  and  efficiently  employed. 

The  ability  and  will  of  the  l-nited  States  faithrully  to  perform  their  engagements  are  universally  known:  and 
the  terms  of  loans  will,  in  no  shape  whatever,  be  affected  by  want  of  confidence  in  either.  They  must,  however, 
depend  not  only  on  the  state  of  |)ublic  cretlit.  and  on  the  ability  to  lend,  but  also,  on  the  existing  deinae.d  for  capital 
required  for  other  objects.  ^^  hatever  this  may  be,  the  money  wanted  by  the  public  must  be  purchased  at  its  mar- 
ket price.  Whenever  tlieamount  wanted  tor  the  service  of  the  year.  (U-  the  whole  amount  of  stock  in  the  market, 
shall  exceed  certain  limits,  it  may  be  expected  that  legal  interest  will  not  be  sufficient  to  obtain  the  sums  retpiired. 
In  that  case,  the  most  simple  and  direct  is  also  the  cheipest  and  sale-.i  mode.  It  ai)pears  much  more  eligible  to  pay 
at  once  the  difference,  either  by  a  premium  in  lands,  or  by  allowlnz  a  higher  rale  of  interest,  than  to  increase  the 
amount  ol  stock  created,  or  to  attempt  any  operation  which  miglit  injuriously  affect  the  circulating  medium  ol  the 
country.  This  difficulty,  and  it  is  the  only  serious  one  which  has  lieeii  anticipated,  will  not,  indeed,  if  analysed, 
appear  very  lor!uidal)le.  For,  to  take  an  extreme  ca-e.  and  supposing  evtui  forty  millions  of  dollars  to  be  borrowed, 
at  eight,  instead  of  six  per  cent,  a  year,  the  only  difference  would  consist  in  the  additional  |>iiymeiit  of  eight  hutidred 
thousand  dollars  a  year,  until  the  principal  was  reimbursed,  a  payment  inconvenient,  indeed,  and  to  be  avoideil  if 
practicable,  but  inconsiderable,  if  compared  eitliei-  ^^ith  the  effects  of  other  means  of  raising  money,  or  with  some 
other  branches  of  the  public  expen<liture. 

It  appears  friun  the  jn-eceding  estimates,  that  nothing  more  may  l3e  strictly  \i  anted  for  the  defr.iving.  during  the 
year  1812,  the  expenses  as  yet  authorized  by  law.  than  an  authority  to  borio\\  a  sum  e»|ual  to  that  whicli  may  be  re- 
imbursed on  account  of  the  principal  of  the  public  debt. 

With  a  view  to  the  ensuing  years,  and  considering  the  aspect  of  public  affairs,  presented  by  the  Executive,  and 
the  measures  of  expense  which  he  has  recommended,  it  has  been  attempted  to  show  — 

Isi.  That  a  fixed  revenue  of  about  nine  millions  of  dollars  is  necessary,  and  sufficient,  both  under  the  existing 
situation  of  the  United  States,  and  in  the  event  of  theii-  as-uming  a  different  attitude. 

2d.  'Hiat  an  addition  to  the  late  of  duties  on  importations  is  at  i)resent  sufficient  hu-  that  [)urpose.  although,  in 
the  course  of  events,  it  may  require  some  aid  from  other  sources  of  revenue. 

3d.  That  a  just  reliance  may  be  placed  an  obtaining  loans,  to  a  considerable  amount.  t(u-  defraying  tlie  extraordi- 
nary expenses  which  may  be  incurreil  beyond  tlie  amount  of  revenue  above  stated. 

1th.  That  the  peace  revenue  of  the  Unit<'d  States  will  be  sufiicient.  without  any  eviraordiiiary  exertions,  to  <lis- 
»  harge.  in  a  few-  years,  the  debt  which  in:ij  be  thus  necessarih  int  urred. 

.All  w-hich  is  respectfuliv  subiiiitted. 

ALBERT  GALLATIN. 
Treasuuv  Dki'aktment,  .Vovcmbef  22,  1611. 


49f.; 


FINANCE. 


[1811. 


A. 


&  Statement  exhibiting  the  amount  of  duties  which  accrued  on  Merchandise,  Tonnage.  Passports,  and  Clearances, 
of  Debentures  issued  on  the  exportation  of  Foreign  Merchandise,  of  payments  for  Bounties  and  Mloibatices, 
and  for  expenses  of  collection,  during  the  years  1809  and  1810. 


DUTIES  ON 


Merchandise. 


1809, 
1810, 


$11,603,071  27 
16,601.711  71 


Tonnag'e. 


$151,983  13 
169,161  24 


Passports  & 
clearances. 


$22,660 
23,428 


Debentures 
issued. 


$4,706,608 
3,839,160 


Bounties  and 
Allowances. 


$48,940  18 
2,268  05 


Gross  Revenue. 


$7,022,166  22 
al2,952,872  90 


Expenses  on 
collection. 


$494,998  02 
439,382  87 


Nett  Revenue. 


$6,527,168  20 
12,513,490  03 


(a)  Gross  revenue  for  the  year  1810, 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B. 


$12,952,872  90 
30,701  95 

$12,922,170  95 


Ji  Statement  of  the  amount  of  American  and  foreign  Tonnage  employed  in  foreign  trade,  for  the  year  1810,  as 

taken  from  the  records  of  the  Treasury. 


American  tonnage  in  foreign  trade.    - 
Foreign  tonnage,         .  .  - 


Tons,  906,434 
80,316 


Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  vStates, 


986,750 


Proportion  of  foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United 

States,  8.1  to  100- 

Treasury  Department,  Registers  Office.  November  9th,  1811. 

JOSEPH  NOURSE,  Register. 


B. 


.1  Statement  exhibiting  the  value  and  quantities,  respectively,  of  Merchandise,  on  which  duties  actually  accrued 
during  the  year  1810,  {consisting  of  the  difference  between  articles  payins:  duty,  imported,  and  those  entitled  to 
drawback,  re  exported)  and.  also,  the  nrti  revenue  which  accrued  during  that  year,  from  duties  on  Merchandise, 
Tonnage.  Passnorts.  and  Clearanres. 


r.ooD.<=  pavinh;  duties  ad  valorem. 


$39,714,120  at  12§  per  cent. 

7.703,290  at  15         do.  -  -  - 

552,151  at  20         do. 
(a)  Additional  duty  on  $47,806,962.  at  2A  per  cent. 


$47,969,561 


do. 
do. 


(/,')  Spirits,        4,487,588  gallons,  at  28.3  cents  average, 
(c)  Sugar,         29,312,307  pounds,  at    2.5     do.         do. 
(rf)  Wmes,        1,164,592  gallons,  at  34.8    do. 
(p)  Teas,  6,647,726  pounds,  at  19.8     do. 

Coftee,         5,852.082  pounds,  at    5        do. 

Molasses,    7,651,682  gallons,  at    5       do.  .         '  "  " 

(f)  All  other  articles,  -..----- 

Froni  which  deduct  bounties  and  allowances  paid  in  1810, 

Duties  refunded,  after  deducting  therefrom  duties  collected  on  merchandise,  the  par 
ticulars  of  which  could  riot  be  ascertained,  aiid  difference  in  calculation. 


Three  and  a  half  per  cent,  retained  on  drawback,  - 

Extra  duty  of  10  per  cent,  on  meichandise  imported  in  foreign  vessel- 

Nett  amount  of  duties  on  meichandise. 

Duties  on  tonnage,  ------ 

Ligiit  money,  ------- 


$2,268  05 
31,082  20 


$4,964,265  00 

1.155,493  50 

110,430  20 

1,195,174  05 

$7,425,362  75 

1,272,063  44 
743,656  08 
405,024  41 

1.314,091  17 
292,604  10 
382,584  10 
660,276  89 

$12,495,662  94 


127,697  40 
41,463  84 


33,350  25 

12,462.312  69 

139,489  33 

87,779  69 

$12,689,581  71 


Duties  on  passports  and  clearances. 

Siindiy  accounts  not  yet  received,  estimated  at 

Gross  revenue,  as  per  statement  .\, 
Deduct  expenses  of  collecri(in. 


Nett  1  event!  e. 


169,161  24 
2.3,428  00 

$12,882,170  95 
40,000  00 

12,922,170  95 

439,382  87 

$12,482,788  08 


Treasury  Department.  Register's  Office.  November  dih.  l&ll. 


JO.SEPH  'SOimSE.  Register. 


1811.] 


STATE   OF    THE    FINANCES. 


Eocplanatory  Statements  and  Notes. 


499 


{a)  Additional  duty  of  25  per  tent. 

$1,195,174  05 

3,|  percent,  retained  on  draubacic,  - 

- 

_ 

- 

3,832  51 

Extra  duty  0!  ten  pei-  cent,  on  mercliandise  imported 

in  foreign  vessels,     - 
at  28  cents. 

2,427  86 

$1,201,434  42 

{b)  Spii-its — from  grain.     1st  proof.            19,292  £;allons. 

$3,401   76 

2d      do.                    921         do. 

29 

- 

. 

_ 

267  09 

3d      do.                85,954         do. 

31 

- 

_ 

. 

26,645  74 

4th     do.                31,064         do. 

34 

- 

_ 

_ 

10,561    76 

5tli     do.                 1,756         do. 

40 

- 

, 

. 

702  40 

OtJier  materials,  1st  6c 2d      do.            969.569        do. 

25 

- 

_ 

_ 

242.392  25 

3d      do.         2,389,980         do. 

28 

- 

. 

_ 

669,194   40 

4tli     do.              982,362         do. 

32 

- 

_ 

_ 

314,.355  8} 

atli     do.                 6,690         do. 

38 

s 

2,542  20 

Gallons.  4.487,588 

$1,272,063  44 

(f)  Sugar — Brown,               27,142,626  pounds,  at  2^  cen 

$678,565  65 

White,                 2,169,681      do.           3 

rallons. 

at  58  cents. 

65,090  43 

Pounds,  29,312,307 

$743,656  08 

{d)  Wines— Madeira,  1st  quality,                          238,354  , 

$138,245  32 

do.        2d       do.                                    31,222 

do. 

50 

- 

_ 

15,611  00 

Sherry  and  St.  Lucar,                          54,318 

do. 

40 

_ 

_ 

21,727  20 

Oporto  and  Lisbon,                             121,644 

do. 

30 

_ 

_ 

36,493  20 

Burgundy  and  Champaign,                       932 

do. 

45 

- 

_ 

419  40 

Teneritte,  Fayal,  and  Malaga,           531,475 

do. 

28 

- 

- 

148,813  00 

Other,  in  bottles,                                     6,554 

do. 

35 

_ 

- 

2,293  90 

do.    in  casks,                                    180,093 

do. 
pounds 

23 
at  12  cents, 

41,421   39 

Gallons,  1.164.592 

$405,024  41 

(f)  Teas — Bohea.              -               -               -     1.349.520 

$161,942  40 

Souchong.         -                 -                 -     2,248,102 

do. 

18 

- 

- 

404,658  36 

Hyson,                               -                -        972,099 

do. 

32 

- 

_ 

311.071   68 

Other  green,     -               -               -    2,178,005 

do. 

20 

- 

- 

435,601   00 

Extra  duty  on  teas  imported  from 

other  places  than  India. 

817  73 

Pounds,    6,747,726 

$1,314,091    17 

'  f 


500 


F  1 NA  N  C  E. 


[1811. 


"}--■ 


Explanalory  Staiements  and  Notes — Continued. 


(/. )  All  other  articles. 


efined  and  lump. 


Domestic  spirits,  1st  proot",  - 

2d    do. 
Beer, 
Cocoa,     - 
Chocolate, 
Sugar,  candy, 

loat, 

other 
Almonds, 
Currants, 
Prunes  and  plums, 

misins,  jar, 

other. 
Candles,  tallow,     - 

wax,  or  spermaceti, 
Cheese,   - 
Soap, 
Tallow.   - 
Mace, 
Nutmegs, 
Cinnamon, 

Cloves,    -  -  - 

Pepper,   - 
Pimento, 
Chinese  cassia. 
Tobacco, 

Snuft',       -  -  - 

Indigo,  - 
Cotton,  - 
Powder,  hair, 

gun, 
Starcli,    - 

Glue,       -  -  - 

Pewter  plates  and  dishes. 
Iron,  anchors  and  sheet, 

slit  and  hoop, 
Nails,      - 

Spikes,    -  -  - 

Quicksilver, 
Ochre,  in  oil. 

dry, 
Spanish  brown. 
White  and  red  lead. 
Lead, 
Seines.     - 
Cordage,  tarred. 

un  tarred 
Cables,     ■ 
Steel, 
Hemp, 
Twine,     - 
Glauber  salts. 
Coal, 

Malt.        - 
Fish,  dried. 

pickled,  salmon. 

mackeiel, 
other. 
Glass  bottles,  (black  quart)    - 
Window,  nutabuve  8 inch. by  10, 


do.      10 
all  above  10 


do 
do 

Cigars,      - 
Ijime, 
Boots,       - 
Shoes,  silk, 

kid  and  morocco, 

other. 
Cards,  wudI  and  cotton, 

playing, 


do. 
do. 


12, 
12, 


QUANTITIES. 


Excess  of  im- 
portation 
over  expor- 
tation. 


gallons, 

do. 

do. 
pounds 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 
•  do. 
.       do. 

do. 

-  do. 
do. 

.        do. 
do. 

-  do. 

-  do. 
do. 

-  do. 
.       do. 

-  do. 

-  do. 

-  do. 

-  do. 

-  do. 

-  do. 

-  do. 

-  do. 

-  do. 
do. 

-  do. 

-  do. 

-  do. 
cwt. 

.        do. 
■       do. 

-  do. 
bushels 

-  do. 
quintals 

-  barrels, 

-  do. 

-  do. 
groce 

100  sq.ft. 
do. 
do. 

-  M. 
casks, 

-  piirs, 

-  do. 

-  do. 

-  do. 
dozens, 

packs, 


Excess  of 
exportation 
overimpor 
tation. 


Rate  of 
duty 


144 

155,218 

1,843,716 

2,633 

2,379 

271 

32 

61,783 

28,829 

17,274 

336.258 

412,317 

37,072 

1.223 

36.277 

91.117 

153.255 

13.993 

14.990 

510 

21.247 

988.856 

512.739 

190, .599 

1.521 

1,633 


30 

21.768 

8,407 

81,127 

7,862 

852,919 

759,337 

2,112.223 

280.215 

1.966 

10.808 

66.300 

913.909 

2,525.073 

1.525.599 

2.482 

677.405 

90,188 

101.213 

11.043 

178.473 

2.925 

133 

392,8.57 

107 

7.333 

4.308 

4,377 

1,905 

20.104 

19,906 

4,449 

4,669 

15,263 

52 

1.095 

1.751 

10.289 

723 

5 

1 ,928 


Cents. 


96,715 


33.048 
468,932 


Excess  of  du- 
ties over 
drawback. 


7 
8 
8 
2 
3 

Hi 
9 

Gh 

2 

2 

2 

2 

2 

2 
6 

7 
2 

Id 
125 
50 
20 
20 

6 

4 

4 

6 
10 
25 

4 
4 
3 
4 

4 

1 

2 
1 
6 

n 

1 

1 

2 
1 

4 

2 

2d 

2 

100 

100 

400 

200 

5 

10 
50 
100 
60 
40 
60 
160 
175 
225 
200 
50 
75 
25 
15 
10 
50 
25 


10  08 


12.417 

36,874 

78 

273 

24 

2 

1.235 

576 

345 

6.725 

8,244 

741 

73 

2.539 

1.882 

2,298 

17.491 

7,495 

108 

4.249 

59.331 

20.509 

7,623 

91 

163 


44 
32 
99 
58 
39 
08 
66 
58 
48 
16 
34 

44 
38 
39 
34 
82 
25 
00 
00 
40 
36 
56 
96 
26 
30 


Excess  of 

drawback 

over  duties. 


1 

870 

252 

3.245 

314 

12,794 

7.593 

42.244 

2,802 

117 

162 

663 

9.139 

.50,505 

15,255 

99 

13.548 

2,254 

2,084 

11.043 

178.473 

11,700 

266 

19.642 

10 

3,666 

4.398 

2.626 

762 

12.062 

31.819 

7.785 

10.505 

30,526 

26 

821 

438 

1,543 

72 

2 

482 


20 

72 

21 

08 

48 

23 

37 

46 

15 

90 

12 

00 

09 

46 

99 

28 

10 

■70 

26 

00 

00 

00 

00 

85 

70 

50 

00 

20 

00 

40 

60 

75 

25 

00 

00 

25 

50 

35 

30 

50 

00 


1,450  n 


8,262  00 
14,067  96 


684,057  57 
23,780  68 


660.276  89 


2  3,760  68 


1811.] 


STATE    OF    TIIK   FINANCES. 


501 


H  2. 

A  statement  of  the  duties  which  accrued  on  the  principal  articles  imported  from  Great  Britain  and  her  dependen- 
cies, duri)ijr  the  year  laiO,  willi  an  estimate  of  the  debentures  issued  on  the  same  articles,  deduced  from  a  com- 
parison with  the  whole  amount  of  duties  accrnina^,  and  debentures  issued,  during  the  same  year,  on  all  articles 
of  the  same  descnption,  imported  froin  all  countries. 


Gross  amount  of  duties  on  articles  imported  from  ail  countries, 
Deduct  gross  amount  of  debentures  issued  on  the  exportation  of  such 
articles,  ------- 

Nett  revenue,  ------ 

Gross  amount  of  duties  on  such  of  the  same  articles  as  were  imported 
from  Great  Britain  and  (lepentiencies,  -  - 

Deduct  estimated  amount  of  debentures  on  the  exportation  of  such  of 
the  said  articles  as  were  of  British  importation. 

Estimated  nett  revenue  on  articles  imported  from  Great  Britain  and 
dependencies.         -  -  -  -  -         - 


Ad  valorem  I     Spirits. 


3,121,337   I  1,315.085 
656.773   I        33,3-23 


",464,564     1, -281,762 


6.171.510 
499,510 


561,893 
14,893 


5,675,000        547,000 


Cotton, 

spices,  and 

indigo. 


681,414 
563,601 


117.813 

192,710 
159,710 


Sundries. 

fa.  J 


283,778 
10,700 


273,0-8 


33,000 


244.244 
9,244 


236,000 


Ne(t  revenue,  as  per  statement  A,  for  1810.  .  -  - 

Deduct  nett  revenue  on  articles  imported  from  Great  Britain  and  dependencies,  vi/.: 
on  merchandise  ad  valorem. 

spirits,      -  -  -  -  - 

cotton,  spices,  antl  indigo, 

sundries,  .... 


Nett  revenue,  after  deducting  that  arising  from  British  importations. 


$5,675,000 

547,000 

33.000 

236,000 


Si  2.5 13. 000 


6.491.000 
$6,022,000 


(a)  Consisting  of  beer,  pewter,  anchors,  sheet,  slit,  and  lioop  iron,  nails  and  spikes,  paints,  lead,  and  manufactures 
of  lead,  steel,  twine,  and  packthread,  glass,  coal,  and  fish.    Some  small  items,  not  exceeding  $10,000,  are  omitted. 

Note. — Sugar,  coffee,  and  molasses,  are  not  included,  as  the  whole  quantity  wanted  for  domestic  consumption 
will  be  supplied  from  other  countries. 


64 


tt 


502 


FINANCE. 


[1811. 


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1811.] 


STATE   OF   THE    FINANCES. 


503 


State.mknt  C — Continued. 
Estimate  showing  wlien  (he  instalments  ivhich  compose  (he  balance  due  from  individuals  will  become  payable. 


OFFICKS. 

Remaining  due 

Becoming  due 

Becoming-  due 

Becoming' 

d>ie 

Becoming  due 

TOTAL 

in  1811. 

in  1812. 

in  1813. 

in  1814 

in  1815. 

IIALANCK. 

Marietta, 

$5,855  20,'7 

$4,772  99 

$4,234  74 

$3,510 

76 

$1,814    18 

§20.187  87' 

Zanesville, 

33.428  27 

43,020  22 

40,225  05 

30.739 

28 

6,570  60 

153,i)Hl»  -12 

Steubenville,   - 

64,884   lOj 

49,753  45 

35,623  06 

23,883 

12 

2.638  41 

176,782   14| 

Canton, 

- 

31,207  23 

26,942  41 

18,601 

07 

10,521    14', 

87.271   881 

Cliillicotlie, 

45,517  35 

24,032  62 

16,851   99 

10,571 

71 

5,153   10 

102,126  80 

Cincinnati, 

316,545  98 

210,556  71 

100,061   77 

H4,331 

IS 

25,699  96  f 

737.195  60,f 

Jeftersonville, 

38,334  07 

39,324  34 

27,H,S7 

51 

11,982  37 

117.528  32 

Vincennes, 

42,182  Oil 

24,029  02 

18,749  73 

10,9(;3 

61 

5,365  25 

101,289  624- 

$508,412  92| 

425,712  31 

282,013   12 

210,488 

30 

69,745   02| 

1,496,371   674 

Note. — The  last  return  from  Zanesville  was  up  to  31st  July,  1811. 

Treasury  Department.  November,  1811. 

Cc. 

Statement  of  the  Lands  sold  in  (he  Mississippi  Territory ,  from  the  lime  of  the  last  report  thereon  to  the  'MMh 
September,  1811;  showing,  also,  the  amoant  of  receipts  from  Individuals,  and  payments  made  by  Receivers, 
during  the  same  time,  with  the  balance  due. 


Lands  sold. 

In  hands  of 
Receivers, 
per  last  re- 
port. 

l)ue  by   indivi- 
duals, per  last 
report. 

Receipts  by  Receivers. 

Offices. 

Acres. 

Purchase  money. 

On   account  of 
purchase  mo- 
ney. 

On  account  of 
forfeitures. 

Madison  county, 
West  of  Pearl  river. 
East  of  Pearl  river. 

48,463.70 
33,449.46 

$97,922  97 
66,898  92 

$26,333  89J 
2,249   17 
1,038  91 

$130,765  97i 
243,760  65 
15,668  71 

$14,085  621 
36.15-9  37 
240  00 

$249  39 
62  96 

81,913.16 

$164,821  89 

$29,621   97j 

$390,195  33,4 

$80,475  99i 

$305  35 

Payments  by  Receivers. 

Balance  due. 

Total  balance 

Offices. 

into  the 
Treasury. 

The  part  for 
expenses. 

Repayments. 

From 
individuals. 

By  Receivers. 

due. 

Madison  county. 
West  of  Pearl  river, 
East  of  Pearl  i-iver, 

$4.5,952  85 

30,353  79 

300  00 

$2,538  35 
1,980  70 

$79  18 

$184,603  32| 
274,509  20 
15,428  71 

$24,709  05i 
8.029  53 
978  91 

$209,312  38 

282.538  73 

16,407  62 

{a.)  76,606  64 

$1,519  05 

$79  18 

$474,541   23| 

$33,717  69.1   1        $508,2.58  73 

TOTAL  SALES  OF  LANDS. 

Amount  of  lands  sold  from  the  opening  of  the  offices,  per  last  report. 
Amount  sold  since,  as  above  stated,  -  -  .  -  - 


(o.)  Paid  into  the  treasury,  in  specie,  by  warrants  on  Receivers, 
Payments  by  Receivers,  to  be  covered  by  warrants. 


Acres. 

257,395. 97i 

81,913.16 

339,309   \Zi 


Dollars. 
.538,440  77 
164,821   S9 

703,268  66 

^72,016  47 
4,590    17 

•57  0,606  64 


Cc — Continued. 
Estimate  showing  when  the  instalments,  which  compose  the  balance  due  from  individuals,  unll  become  payable- 


OFFICES. 

Reniainingdue 
in  1811. 

Becoming  due 
in  1812. 

Hecoming  due 
in  1813. 

Becoming  due 
in  1814. 

Becoming  thit 
in  1815 

Total    balance 
due. 

Madison  county. 
West  of  Pearl  river, 
East  of  Pearl  river, 

$13,677  89| 
124,850  64 
9,662   19 

$53,203  72 

53,756  61 

3,901   51 

$69,180  38 

58,468  05 

1,865  01 

$32,564  67 
25,812  51 

$15,976  <]& 
11,621   39 

$184,603  32| 

274.509  20 

15,428  71 

Dolls. 

148,190  72.1 

110,861  84 

129,513  44 

58,377   18 

27,598  05 

474,541   23] 

Treasury  Department,  November,  1811. 


504 


F  I N  A  N  C  E. 


[1811. 


D. 

j?n  estimate  of  the  principal  redeemed  of  the  Debt  of  the  United  States,  from  the  Isl  of  October,  1810,  to  the  SOth  of 
September,  1811,  and  also  from  the  1st  .fipril,  1801,  to  30th  September,  1811. 


The  amount  of  warrants  issued  on  the  Treasurer  of  the  U. 
States,  on  account  of  the  interest  of  the  domestic  debt,  and 
of  the  reimbursement  of  the  old  six  per  cent,  and  deferred 
six  per  cent,  stocks,  from  the  1st  October,  1810,  to  the  30th 
September,  1811,  exclusive  of  a  repayment  of  $140,000,  and 
of  the  reimbursement  of  the  exchanged  six  per  cent,  stock, 
as  stated  below,  was,      -  -  -  $3,153,408  01 

Deduct  interest  which  accrued  during  the  same 
period,  calculated  quarter  yearly,  -  1,846,2G0  45 


Redemption  from 
1st  Oct.  1810,  to 
30th  Sept.  1811. 


Reimbursement  of  the  old  six  per  cent,  and  deferred  stocks,    i     $1,307,147  56 
Do.  of  the  navy  six  per  cent,  stock,         -  '   i         ' 

Do.  of  the  5,i  per  cent,  stock,      -  -  -  I         - 

Do.  of  the  45  per  cent,  stock. 

Do.        and  purchase  of  eight  per  cent,  stock. 
Do.  do.        of  the  exchanged  6  per  cent,  stock. 

Payments  made  for  lands  in  certificates  of  the  debt  of  the 
United  States,  .--..- 

Payments  to  foreign  officers,  and  for  certain  parts  of  the  do- 
mestic debt,  -  -  - 

Payments  on  account  of  domestic  loans,         .  .  - 

Reimbursement  of  the  foreign  debt,  .  - 


3,751,125  26 


$5,058,272  82 


Redemption  from 
1st  April,  1801, 
to  30th  Septem- 
ber, 1810,  per 
the  Secretary's 
report  of  11th 
Dec.  1810. 


Total  redemption, 
from  1st  April, 
1801,  to  30th 
Sept.  1811. 


$12,005,699  01 

711,700  00 

1,847,500  00 

176,000  00 

6,359,600  00 

2,542,225  86' 

268,240  70 

90,092  58, 

3,440,000  00 

(a.)  10,075,004  Oo' 


$13,312,846  57 

711.700  00 

1,847,500  00 

176,000  00 

G.359,600  00 

6,293,351  12 

268,240  70 

90,092  58 

3,440,000  00 

10,075,004  00 


$37,516,062   15(6.)42,574,334  97 


Notes  to  Statement  D. 

(a.)  This  sum  of  $10,075,004,  is  the  true  amount  of  the  foreign  debt,  (including  principal  and  premiums)  actually 
due  on  the  1st  April,  1801;  the  whole  of  it  having  been  reimbursed,  this  sum  is  substituted  for  that  of  $10,239,443  33, 
inserted  in  the  estimate  D  of  last  year,  in  which  the  advances  for  interest,  payable  in  Fluropc,  on  the  liOuisiana  stock, 
had  been  blended  with  the  payment  for  principal  of  the  old  foreign  debt. 

(6.)  To  this  sum  of  ----------  $42,574,33497 

Must  be  added — 

Difference  between  the  nominal  amount  of  three  per  cent,  stock,  extinguished,  and  that  of  con- 
verted stock,  issued  under  the  act  of  11th  February,  1807,  -  -  $1,001,458  45 
Difference  between  the  nominal  amount  of  six  per  cent,  and  deferred  stocks,  as 
here  stated,  and  the  amount  actually  reimbursed,  as  per  accounts  settled  at 
the  treasury,  arising  from  unclaimed  dividends  and  arrears  of  interest,  280,884  60 


From  which  deduct  reimbursement  on  stock  paid  in  for  lands,  prior  to  the  SOih 
September,  1805,  -  -  -  .... 

True  amount  reimbursed  from  1st  April,  1801,  to  30th  September,  1811, 

The  reimbursement  of  six  per  cent,  and  deferred  stocks,  on  the  31st  December, 

1811,  is  estimated  at  ...--.. 

The  reimbursement  of  converted  stock,  .  .  -  .  . 


$1,292,343  05 
4,229  90 


1,288,113  15 
43,862,448  13 


$865,909  97 
1,294,452  29 


2,160,362  26 


Amount  reimbursed  from  1st  April,  1801,  to  1st  January,  1811,  as  per  Secretary's  report,      .$46,022,810  .38 

Treasury  Departmemt,  Begister^s  Office,  'iOth  November,  1811. 

JOSEPH  NOURSE,  Register. 


1811.] 


STATE    OF    THE    FINANCES. 


505 


Dd. 


Statement  qfthc  amount  of  the  Public  Debt  on  1st  .fpri/,  1801,  (mdon  the  Xst  January,  1812. 


Principal. 

Interest. 

DEBT  ON  1st  APRIL,    1801. 

Six  per  cent,  and  deferred,  unredeemed. 

$37,887,840  51 

$2,273,270  43 

Three  per  cent,  outstanding,           -            .            .            .            - 

19,102,477  89 

573,074  33 

Five  and  a  half  per  cent.     -            -            -            -  $1,847.500  00 

Four  and  a  half  per  cent.     -            -             -            -         17fi,000  00 

Ei^ht  per  c;Mit.  (including  $300  over-issued)          -     6,482,500  00 

Navy  six  per  cent.                -            -            -            -        711,700  00 

Temporary  loans,  viz:  at  six  per  cent.      '2.010.000 

Do.                do.                five  per  cent.     1.400,000 

Tim  nnn  no 

1 

12.657  700  00 

863  218  'iO 

1796  six  per  cent.    ------- 

Foreign  debt  on  1st  January,  1801,            -            -    10,419,000  00 

80,000  00 

4,800  00 

Deduct  principal  and  premiums  paid  between  1st 

January  and  1st  Apnl,  1801,       -            -            -         343,996  00 

10  075  004   00 

\CtC  100  nn 

Unfuntled  debt,   consisting  of  such  parts  of  the  registered  debt. 

and  debt  due  to  foreign  officers,as  have  been  subsequently  paid, 

90,092  58 

$4,180,463  26 

Debt  1st  Aprd,  1801.           ------ 

79,892.115  01 

Reimbursements  from  1st  April,  1801,  to  1st  January.  1812,  viz: 

On  six  per  cent,  and  deferred  stocks,         •             -    20.820,744  46 

- 

1,249.244   67 

On  three  per  cent,    including  reimbursement  of 

t 

converted  stock,  and  deducting  converted  stock 

outstanding,          -----     2,379,269  44 

- 

(a)54,418  53 

Eight,  five  and  a  half,  four  and  a  half,  and  Navy 

six  per  cent,  stocks,  and  temporary  loans,  paid 

all  in  full,             .            -            .            .            -    12,657,700  00 

- 

863,218  50 

Foreign  debt,  paid  in  full.              -            -            -    10,075,004  00 

- 

466,100  00 

On  account  of  unfunded  debt,        -            -            -          90.092  58 

46.022,810  48 

2,632.981   70 

DEBT  ON   1st  JANUARY,   1812. 

1.     Old  Debt,  viz. 

[b)  Six  per  cent,  and  deferred,      -            -            -    17,067.096  08 

- 

;  1,024,025  76 

(c)  Three  per  cent.             -            -   16,157.890  04 

Converted  six  per  cent.            -         565,318  41 

_                           I  fi   T'""?   "OR     It 

^ 

518,655  80 
4.800  00 

1796  six  per  cent.           ..            •             -            .          80,000  00 

-. 

Old  flpht                                                                           -                -     _ 

33,870,304  53 

1,547,481   56 

2.     A'eiv  Debt,  viz. 

Louisiana  six  per  cent,  stock,         -            -            -            . 

11,250,000  00 

- 

675,000  00 

Total  amount  of  debt,  1st  January,  1812,    -            -            -            - 

45,120.304  53 

2,222,481   56 

The  reimbursement  of  principal  for  1812,  will  be  §1,569,900  65,  t 

bus: 

Nominal  amount  of  six  percent,  and  deferred  stocks,  $32,424,080 

14,  at  8  per  cent.= 

=2.593.926   41 

Of  which  is  interest,  as  above,     -            -            -           -            - 

- 

1,024,025  76 

- 

1,569,900  65 

i 

Total  amount  annually  payable  on  the  public  debt,  after  1812,    - 

$3,792,382  21 

Notes  to  Statement  Dd. 

(a)  Interest  extinguished  on  $2,379,269  34,  at  3  per  cent.  -  -  -  -       $71,378  08 

Deduct  interest  increased  3  per  cent,  on  $565,318  41  converted  6  per  cent,  stock 

outstanding,  ...--..--         16,959  55 


Diminution  of  interest  on  3  per  cent,  stock    - 


54,418  53 


(6)  Six  per  cent,  and  deferred  stocks,  1st  January,  1801: 

Nominal  amount,  exclusive  of  the  sinking  fund,       '":"■" 
The  previous  reimbursements  by  the  accounts  of  receipts  and  expenditures,  amount- 
ed to  -.-.-.--.  3.976,239  84 
Deduct  for  an  error  inserted  in  the  accounts  for  the  year  1803,        -            -  24.210  31 


$41,895,310  01 


3,952.029  53 
But  of  that  reimbursement  there  had  been  paid  on  stock  transferred  to  the  sinking 

fund,  a  su:n  of  ---------  4,177  72 

Leaving  for  the  reimbursement  on  the  above  stated  nominal  amount,  -  -  -  3,947,851  81 


.\nd  making,  for  the  unredeemed  amount,  as  per  report  of  April,  1808, 
The  reimbursement  paid  ou  31st  March,  1801,  was 

Unredeemed  6  per  cent,  and  deferred,  on  1st  April,  1801, 


37,947.458  20 
59,617  66 


37,887,840  54 


506 


FINANCE.  -  [1811. 


N'otes  to  •S'/fl/cmen^Dd— Continued. 


The  payments  of  principal,  from  1st  April,  1801,  to  January  1,  1812,  are  as  follows: 

1.  Annual  reimbursements  from  1st  January,  1801,  to  1st  January,  1811,perprint- 

ed  accounts  of  receipts  and  expenditures,    -  -  -  -  13,012,741  19 

Deduct  reimbursement  for  1st  quarter  of  1801,  as  above,         -  -  59,61  /  66 

12,953,123  53 
Reimbursement  of  the  year  1811,  estimated  at  -  -  -  -  1,499,000  00 

14,452,123  53 

2.  Paid  in  for  lands  and  purchased,  viz: 

For  lands,  unredeemed  amount,  as  stated  in  the  several  estimates 

marked  D,        -  -  -  -.-,;,-         ^^'^^'^  ^^ 

Deduct  on  account  of  the  nominal  amount,  instead  ot  the  unre- 
deemed amount,  having  been  inserted  in  tliese  estimates  prior  to 
30th  September,  1805,  -----  4,229  90 


57,052  20 
Purchased  in  1806,  -  -  -  -  -  -         17,517  61 


4,569  81 


3.  Exchanged  stock  reimbursed  in  full.    -  -  -  ■  -  6,294,051  12 


20,820,744  46 


Unredeemed  amount  on  1st  January.  1811,       -  -  -  -  18,566,096  08 

f        Deductreimbursementof  1811,  estimated,  as  per  above,  at      -  -  1,499,000  00 

1/, 067,096  08 

(c.)  Three  per  cent,  stock  on  1st  January,  1801,  (including  Higgins"  stock,  17.18.  stat- 

edsubsequently  in  the  accounts)  per  report  of  Apnl,  1808,                      -            -            -                  '    wJii  ti 
Do.  issued  subsequent  thereto.  --------  H^/&^ 

Total  outstanding  1st  April.  1801.     --------  19,102,477  89 

Reimbursements: 

1.  Surrendered  in  exchange  for  converted  stock,  -  -  -  ~'^oo'^2E  in 

2.  Paid  in  for  lands,  -------  __83^^     2,944,58785 


Outstanding  on  1st  January,  1812,         -------  16,157,890  04 

From  the  above  amount  of  reimbursements,       •  -  -  -  2,944,587  85 

Deduct  outstanding  converted  stock,  <m  1st  January.  1812.     -  -  5t.j,3i8  4i 

Makes  the  reimbursement  on  3  per  cent,  stock  (including  converted)  from 

'    1st  April,  1801,  to  1st  January,  1812,                          -            '            "            '             "  2,379,269  44 

Viz     Difference  between  3  per  cent,  surrendered  and  converted  stock,  issu- 
ed under  the  act  of  February  11,  1807.          -            -            -            -                 ''^2q'o~q  ^n 
Three  per  cent,  stock  paid  m  Sor  lands,           -            .            -            -                        '"'^  '" 
Converted             do.                do.            -----                            «0  00 
Do                    do.    to  be  reimbursed  on  the  Slst  December,  1811,                1,294,452  29 
"  2,379.269  44 


1811.1 


STATE  OF  THE    FINANCES. 


507 


E. 

Stutanent  of  Receipts  and  Payments  at  the  Trcasunj  of  the  United  Stales,  from  \st  Octoijer,  1810,  In  the  50th  Sep- 
tember, 1811. 


Cash  in  the  treasury,  subject  to  war- 
rant, 1st  October,  1810, 
Receiveil  for  the  proceeds  of  tlie  cus- 
toms, -  $12,190,056  1-1 
Internal      reve- 
nue, -              6,319  60 
Direct  tax,          6,362  87 

12,682  47 
767,001  23 


Sales  of  public  lauds,    - 

Cents  antl  half  cents 
coined  at  the  mint,    - 

Fees  on  jiatents. 

Public  arms  sold  to  States, 

Postage  of  letters, 

Salt  works  in  the  Illinois 
territory, 

Fines,  penalties, and  for- 
feitures. 

Seamen's  wages  paid 
to  consuls  in  foreign 
countries, 

Payn\entby  an  unknown 

Person,     through    the 
resident  of  the  Unit- 
ed States,    -  - 
Repayments, 


8,463  78 

6,480  00 

71,900  00 

37  70 

2,500  00 

11,105  24 

2,035  00 


250  00 

168,268  81 


Loan  from  Bank  United  States  on  31st 
December,  1810, 


$3,459,029  72 


13,541,440  37 
2,750,000  00 


Payments  on  the  following  accounts: 

Civil  Expenses,  both  foreii^a  and  domes- 
tic, viz: 

Civil  list,  proper,     -  -  $620,620  16 

Light  house  establishment,        112,018  76 

Marine  hospital  establishment,    58,822  34 

Invalid  pensions. 

Public  buildings  in  Washing- 
ton, .  .  _ 

Fuiniture  for  the  President's 
house, 

Tiiird  census, 

Prize  money  for  N;.vy  pen- 
sion fund. 

Mint  establishment. 

Grants    and    miscellaneous 
claims,      -  -  - 

Better  accommodation  of  the 
General  Post  Office,  &c.  - 

Unclaimed  merchandise. 

Surveys  of  public 

lands,         -  69,741  70 

Ascertaining  land 
titles  in  Louisi- 
ana, ■  11,426  06 

80.107  76 


74.074 

68 

000 

00 

1,000 

00 

1(,  0,699 

66 

7,106 

25 

28,999 

96 

23.036 

00 

4.700 

00 

224 

93 

$19,750,476  09 


Roads   within   the 

State  of  Ohio,       19,000  00 

From  Cumberland 

to  the  Ohio,  0,861  50 

From  the  Missis- 
sippi to  the  Ohio,       209  25 

Trading  houses  with  the  In- 
ilians,         -  -  - 

Contingent  expenses  of  Go- 
vernment, 

Intel-course  with  foreign  na- 
tions,        -  -  . 


20,070  75 

3,975  00 

3,396  00 

207,745  77 


Military  Expenses,  viz: 

Pay,  subsistence, 
clothing,  &c.  of 
the  army,  1,403,000 

Fortitication  of  ports 
and  harbors,  165,000 

Ordnance,  arms,  ar- 
senals, &c.  501,000 


$1,360,858  98 


Indian  department. 


-2.129,000  00 
142,725  00 


Navy. 

Repaiis  and  contingencies,       542,000  00 
Ordnance  and  arms,  -       02,000  00 

Navy  Yards,  -  -       74,000  00 

Marme  corps,  -  ■•     251,000  00 

Pay,   provisions,    and    other 
expenses,  -  -  1,207.000  00 

Public  Debt. 

Interest  and  charges,  3,225.800  93 

Principal  discharged,  5.058,272  82 

Repayment  of  loan  to  Bank 

I.  niled  States,       -  2,750,000  00 


Balance  in  the  treasury  subject  to  war- 
rant, September  30,  1811, 


2,271,725  00 


2,130,000  00 


10,034,073  75 
3.947,818  36 


$19,750,470  09 


508 


FINANCE. 


[1811. 


12th  CONGUESS.] 


No  353. 


[1st  Session. 


DUTIES    AND    DRAWBACKS. 


COMMUNICATKU  TO  THE  HOUSE  OF  REPRESENTATIVES,  NOVEMBER  27,   1811, 

Sir:  Treasury  Department,  jVoi^cmAer  26,  1811. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  waies,  and  mer- 
cliandise,  imported  into  the  United  States,  and  exported  therefnnn,  during  the  years  1808,  1809,  and  1810. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

The  Hon.  the  Speaker  of  the  House  of  Eepresentatives. 


Jl  Statement  exhibiting  the  mnount  of  Druuback  payable  on  sunch-y  articles  exported  from  the  United  States,  in 
the  years  1808,  1809,  and  1810,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN   THK  TEAU  1808. 

IN  THE  TEATl   1809. 

IN  THE  TEAn    1810. 

SPKCIES  or   MtHCHAMDISK. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received . 

payable. 

received. 

payalile. 

received. 

payable 

On  Merchandise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Pavina^iidutv  of  15  pel' cent,  ad  val. 

2,763,110 

71,967 

3,522.184 

506,770 

6,598,612 

612,069 

Do         ■       17i            do 

469,954 

7,667 

939,667 

78,809 

1,592,219 

38,975 

Do                22i            do 

15,260 

258 

1,957 

130,506 

5,729 

Wines,  Madeira,        -             -             - 

61,275 

7,029 

174,290 

10,435 

176,208 

21,085 

Burgundy  and  Champaigne,  - 

453 

114 

1!2 

17 

422 

Sherry  and  St.  Lucar, 

106,492 

150 

137,543 

1,846 

31,082 

8,914 

Claret,            -             -              - 

9,022 

1,168 

795 

9,071 

2,890 

557 

Lisbon,  Oporto,  &.C.  - 

24,478 

153 

66,733 

3,879 

37,435 

651 

Teneriffe,  Faval,  &c.                - 

79,560 

3,848 

148,153 

9,850 

166,856 

16,516 

All  other,      I              -             - 

179,747 

41,896 

20,763 

120,217 

72,181 

29,120 

Spirits,  distilled  from  grain,    - 

61,024 

2,078 

27,944 

2,066 

45,099 

131 

Do    from  other  miterials, 

1,306,455 

lo,jlj 

1,. 390,970 

68,918 

1,269,976 

33,192 

Do    from  domestic  produce,  - 

- 

- 

80 

- 

10 

Molasses,       -             -              -             - 

325,899 

- 

274,982 

1,941 

385,999 

969 

Beer,  Ale,  and  Pcrtcr, 

1,356 

- 

4,816 

625 

12,635 

100 

Teas,  Holieii,               _              _             _ 

77,065 

_ 

15,574 

6,700 

175,924 

13,485 

Souchong,         _             _             - 

288,622 

1,017 

37,054 

182,791 

449,634 

43,059 

Hyson,                _             _             _ 

257,978 

889 

129,937 

106,625 

417,331 

102,382 

Other  Green,    -             -             - 

352,222 

726 

150,406 

67,338 

518,925 

76,687 

Coffee,           _              _             -             - 

1,606,385 

26,661 

1,936,508 

1,480,297 

1,563,159 

1,206,337 

Cocoa,           _             _             _            _ 

21,196 

- 

29,053 

51,366 

■15,088 

8,110 

Chocolate,     -             _             -             - 

32 

_ 

50 

- 

80 

Sugar,  Hrowii,            -             -             - 

1,686,962 

35,647 

1,285,422 

735,144 

1,300,367 

577,394 

White  Clayed, 

602,105 

7,707 

429,580 

614,456 

522,498 

437,585 

Loaf  and  Candy,           -              - 

347 

_ 

129 

93 

300 

Other  refined. 

2,456 

_ 

31 

2,122 

2 

Almonds,       -             _             -             - 

4,602 

809 

4,841 

1,420 

1,970 

707 

Currants,        _             _             _             _ 

691 

113 

1,620 

- 

2,087 

1,456 

Prunes  and  Plums,     _              -             - 

600 

13 

845 

545 

193 

Figs,              - 

1,600 

- 

3,550 

- 

7,061 

323 

Raisins,  in  jars  and  boxes,      -             - 

11,986 

82 

26,054 

715 

10,902 

2,542 

Do     all  other,         _             _              _ 

14,184 

145 

.39,877 

568 

5,636 

6,814 

Candles,  Tallou ,        _             _              _ 

1,025 

181 

29 

2,240 

1,183 

423 

Wax,            _             -             - 

197 

- 

42 

134 

73 

Cheese,         -             -             _             _ 

5,065 

720 

1,766 

10,046 

2,905 

290 

Soap,             _             _             _            _ 

7,001 

63(J 

1,621 

7,209 

4,169 

2,162 

Tallow,          _             _             _             _ 

4,344 

- 

576 

5,413 

2,345 

Spices,  Mace,             _             _              _ 

1,393 

_ 

3,142 

4,388 

23,276 

5,582 

Nutmegs,      _            _             _ 

4,849 

- 

24,199 

2.018 

48,284 

39,361 

Cinnamon,     _             -             _ 

1 

110 

349 

- 

108 

Cloves,           _             _             _ 

5,942 

- 

10,284 

4,188 

24,444 

19,432 

Pepper,         -             _             _ 

266,279 

21,144 

286,065 

363,313 

349,262 

279,783 

Pimento,       -             -              - 

11,768 

14,532 

673 

22,622 

1,912 

Chinese  Cassia,           -             - 

9,568 

- 

3,618 

7,453 

16,355 

8,425 

Tobacco,       -            -             _             _ 

125 

- 

31 

- 

95 

Snuff,             _             -             -              _ 

1,181 

,_ 

199 

656 

756 

520 

Indigo,           -             -             _              _ 

235,999 

497 

24,855 

117,497 

186,090 

185,299 

Cotton.          _             -             -              _ 

101,647 

279 

12,558 

87,807 

10,973 

23,807 

Powder,  Hair,             -             -            - 

112 

- 

5 

37 

1 

Gun,             -             -            - 

4,653 

- 

3,274 

487 

1,178 

279 

Starch,           -            _             _             _ 

1 

_ 

43 

- 

260 

Glue,              _             _             _             _ 

556 

_ 

2,377 

- 

3,772 

465 

Pewter  Plates  and  Dishes,     - 

324 

_ 

852 

- 

314 

Anchors  and  Slieet  iron,         -             - 

4,906 

- 

12,414 

- 

12.878 

Hoop  and  Slit  Iron, 

3,978 

- 

3,960 

1,654 

8,691 

905 

Nails,              _             _              -             _ 

4,658 

1.47.i 

29,328 

8,429 

45,160 

2,757 

Spikes,          -             -             -             _ 

8 

_ 

1,819 

43 

2,895 

83 

Quicksilver,  -             -             -             - 

619 

_ 

763 

125 

118 

Paints,  Ochre,  Yellow,  in  Oil,               - 

24 

_ 

145 

_ 

162 

Dry  Yellow,  -            _            _ 

702 

_ 

526 

- 

664 

Spanish  Urown,           -             - 

2,945 

_ 

12,345 

165 

9,920 

475 

White  and  Red  Lead, 

35,660 

- 

60,445 

36 

50,754 

235 

1811.] 


ASSAYS   OF   FOREIGN  COINS. 


509 


STATEMENT— Contiuucil . 


I.N  THK  TKAH   1808. 

IN    THE   TEAIl    1809. 

IN-  THE   TEAH    1810. 

SPEBIKS  OF  MF.nCIIASniSE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback. 

received. 

payable. 

received. 

jiayablr. 

reciiveil. 

pa.vable. 

Dollars. 

Dollars. 

Dollar.s. 

Dolhirs. 

Dollars. 

Dollars. 

Lead,  and  maiuifaclures  of,     - 

20,241 

401 

11,414 

1,W).S 

15,a20 

532 

SeiiK-s,            _             _             _             _ 

7 

- 

88 

99 

Cordaije,  'l"ari't-d,       _              _             _ 

46 

215 

932 

2,491 

16,918 

3,247 

Do.       Uiitan-ed,    -             -             - 

386 

- 

316 

8 

2,292 

27 

Cables,          _             _             _             _ 

_ 

- 

338 

178 

3,776 

1,625 

Slet-I,              -             -             -              _ 

7,264 

_ 

14,839 

1,954 

15,092 

3,883 

Hemp,           _             -             -             _ 

5,932 

- 

17,188 

697 

178,760 

Malt,               _              -              -             _ 

_ 

- 

- 

- 

11 

Twine  and  Pack-lhrea<l, 

4,499 

- 

3,016 

54 

12,135 

379 

Glauber  Salts,             _              _              _ 

n 

- 

169 

- 

265 

Salt,               _             _             _             . 

6,017 

113 

43 

Coal,               _              _             -              - 

7,164 

- 

18,410 

- 

19,907 

Fish,  Dried,  -             -             -             - 

10,944 

- 

4,710 

- 

4,031 

Pickled,  Salmon, 

100 

- 

1,204 

- 

4,835 

Mackerel,            -             _             _ 

737 

- 

2,639 

- 

2,872 

All  Dllier,            _              _              _ 

ci7^ 

- 

1,363 

- 

802 

Glass,  Black  Quart  Hottles,  - 

1,649 

73 

4,700 

670 

12,912 

358 

Window,           _              _              _ 

7,234 

109 

45,854 

284 

51,299 

988 

Cig-ars,           _             _             -              - 

32,454 

- 

44,956 

6,224 

41,893 

10,285 

Lime,             _             _             _             _ 

1 

- 

23 

- 

26 

Boots,            _             _             _             - 

547 

- 

441 

127 

829 

Slioes  and  Slippers  of  Silk, 

1,446 

- 

275 

1,197 

445 

Do.   all  other,         _             _             _ 

1,872 

- 

791 

696 

1,724 

86 

Cards,  Wool  and  Cotton,       -              - 

- 

- 

- 

- 

3 

Playing,          _             _             _ 

1,045 

- 

388 

- 

988 

488 

Dollars, 

11,153,617 

249,396 

11,559,185 

4,706,608 

16,562,080 

3,839,160 

Treasubt  DF.PAnTMEN-r,   Register's  Office,   November  14,   1811. 


JOSEPH  NOURSE,  Register. 


12th  Congress.] 


No.  354. 


[1st    Session. 


ASSAYS    OF    FOREIGN  COINS. 

COMMUNKATEU  TO  THE  SENATE,  ON  THE  29tH  OF  NOVEMBER,  1811. 

The  Secretary  of  the  Treasury,  in  obedience  to  the  act,  entitled  "  An  act  regulating  tlie  currency  of  foreign  coins 

in  the  United  States,"  respectfully  reports: 

That  assays  of  fne  foreign  gold  and  silver  coins,  made  current  by  that  act.  have  been  made  at  the  Mint  of  tlie 
United  State*,  conformably  thereto,  th-  lesult  whereof  is  shown  in  a  letter  of  the  Director  of  the  Muit,  dated  No- 
vember22,  1811,  which  is  annexed  to  this  report,  and  which  is  prayed  to  be  received  as  part  thereof. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 
Treasury  Department,  November 'ZG,  1811. 


Mint  of  the  United  States,  November '2-2,  1811. 

Asrceably  to  your  desire,  I  have  caused  assays  to  be  made  of  the  several  species  of  foreign  gold  and  silver 
coins,  made  current  in  the  United  Statcs,by  an  act  of  Congress  of  lOih  April.  1806:  the  result  of  which,  accordmg  to 
theassayer's  report,  is  as  follows: 

Gold  coins  of  Great  Britain. 

C.  gr^. 

No    1,  on  5  pieces  of  different  dates,  prior  to  the  year  1806,  -  -  -  -  -      23    0 

o    "     5       "  '•  "         *'  '•  1806,  -  -  -  -  -       2-2     0 


3,  •'     5 

4,  '^     5 


180S, 
1809. 
1810. 


Gold  coins  of  France. 

No   1,  on  5  pieces  of  different  dates  prior  to  the  year  1806, 

•'  '•         '■  "         "      1806. 


o 

3.  " 

4.  " 

5.  " 

6.  " 

7.  •' 


1807, 
1808, 
1809, 
1810, 
1811, 


22  0 
2-2  0 
2-2  0 


21 
21 
21 
21 
21 
21 
21 


2t 
■'a 

n 

2^ 

2| 


65 


tt 


5L0  FINANCE.  [1811. 

Gold  coins  of  Spain.  C.  grs. 

No.  1,  on  4  pieces  of  different  dates  prior  to  the  year  1806,        -  -  -  - 

2,  "     3       "•  "  "         "         "         "•     1806,         -  -  ..  - 

3,  "     3       "  "  "         "         '*         "      1807,         -  -  .  - 

4,  •'     3       "  "  "         "         "         '•      1808,         -  .  .  - 

5,  "•     3       "  "  "•         "         "         ''      1809.  -  .  .  - 

6,  "     3       "  "  "         "         "         ■'      1810,         -  -  .  . 

7,  "     3      "  "  "         "         "         "      1811,         -  -  -  -  -         20     3| 

Gold  coins  of  Portugal. 

No.  1,  on  5  pieces  of  different  dates  prior  to  llie  year  1806,        -  -  .  - 

2,  '•    2      "  "  "        "        "        "       1806,        -  -  .  . 

3,  "    3       "  "  "         "         "        "       1807,         -  -  -  . 

4,  "    5       "  "  '•         "         "         "       1808,         -  .  -  . 

5,  "    5       "  "  "         "         "         "        1809,         .  -  -  - 

6,  '•    5       "  ''  "         ''         "         ••       1810,         -  -  -  . 


20 

31 

20 

3 

20 

n 

20 

3 

20 

H 

20 

n 

Silver  coins  of  France. 


No.  1,  on  5  crowns  of  different  dates 

2,  ofi  5  live  francs  pieces  different  dates, 


22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

oz. 

dwt. 

^s. 

10 

18 

12 

10 

15 

12 

Silver  coins  of  Spain. 


2, 

kC 

5 

3, 

ki 

5 

4, 

(  i 

5 

5, 

(.i. 

5 

6, 

ik 

5 

7, 

bo 

5 

No.l,()n   5  pieces  of  different  dates,  prior  to  the  year  1806,  -  -  -  -  10  15  12 

'                 '■  "  "  "  "  1806,  -  -  -  -  10  15  00 

'                 "  "  "  "  "  1807,  -  -  -  10  15  06 

"  "  "  "  "  1808,  -  -  -  -  10  15  12 

'                  "  "  '•  "  *'  1809,  -  -  -  -  10  15  06 

"  '•  "  "  "  1810,  -  -  -  -  10  15  12 

'                  '•  '•  "  "  •'  1811,  -  -  -  10  15  00 

From  the  above  report  of  the  assayer,  it  appears: 

1st.  That  tiie  gold  coins  of  Great  Britain  and  of  Portugal  are  all  uniformly  of  the  same  quality,  and  exactly  equal 
to  that  of  the  gold  goins  of  the  United  States;  and  therefore  their  intrinsic  value  is  at  the  rate  of  1 00  cents  for  27 
grains,  or  88^  cents  per  dwt. 

2d.  That  the  gold  coins  of  France  are  all  very  nearly  of  the  same  quality.  The  average  from  the  above  assays  being 
21  2,Y  nearly,  will  give  their  value  at  the  rate  100  cents  for  27i-oV  grains,  or  87/05  cents  per  dwt. 

3d.  That  the  gold  coins  of  Spain  are  somewhat  variable  in  their  c|ualities.  The  average  from  the  above  assay  being 
20  3^  will  give  their  intrinsic  value  at  the  rate  of  100  cents  for  28//^  grains,  or  84yV-o  cents  per  dwt. 

4th.  That  the  intrinsic  value  of  the  French  crown,  supposing  its  weight  18  dwt.  17  grs.,  is,  from  the  above  assay, 

1  lOyi,,  cents;  and  that  of  the  Ecu,  or  five  francs  piece  of  Napoleon,  supposing  its  weight  IG  divt.  2  grs.  (which  is 

very  nearly  the  average)  =93YVir  cents. 
5th.  That  the  silver  coins  of  Spain  are  very  nearly  of  the  same  uniform  quality.     The  average  fiom  the  above  assay 

being  10  oz.  15  dwt.  17  g-j-*.  nearly,  will  give  the  intrinsic  value  of  the  Spanish  dollar,  if  of  the  full  weight  of  17 

dwt.  7=100  yVo  cents. 

1  have  the  honor  to  be,  sir,  with  great  respect  and  esteem. 

Your  most  obedient  servant, 

R.  PATTERSON. 
The  Honorable  Albert  Gallatin,  Secretary  of  the  Treasury. 


12th  Congress.]  No.  355.  [1st  Session. 

ENCOURAGEMENT   TO   THE    CULTURE    OF    HEMP. 

COMMUNICATED    TO    THE    HOUSE  OF  REPRESENTATIVES.    DECEMBER  7.   1811. 

To  (he  Honorable  the  Senate  and  House  of  Representatives  of  the  United  Stales,  the  petition  of  the  inhabitants  of 
the  county  of  Sussex,  in  the  State  of  New  Jersey,  humbly  showeth: 

That  your  petitiimers  are  owners  of  considerable  tracts  of  land,  situated  in  the  county  ol'  Sussex,  that  are  suita- 
ble for  the  cultivation  of  hemp;  which  they  l-.ave  been  at  a  heavy  expense  in  draining,  with  the  view  of  turning 
them  to  that  usf.  They  have  been  led  to  this  object  by  the  high  prices  which  that  article  has  hitherto  borne  in  our 
markets;  and,  more  particularly,  by  the  encouragement  held  out  by  Congress  to  every  improvement  and  extension 
of  the  agriculture  aiul  manuracluies  of  this  country — objects  always  dear  to  them,  but  much  more  so  in  the  present 
convulsed  state  of  the  world;  which  has  drawn  frcun  its  accustomed  employment  the  capital  of  the  country,  and  with 
it  the  enterprise  and  industry  of  our  citizens,  which  now  turns  its  activity  to  the  improvement  of  the  interior  of  our 
country.  Your  petitioners  have  seen,  with  regret  and  disappointment,  that  the  state  of  affairs  abroad,  which  has 
curtailed  or  annihilated  almost  every  other  branch  of  commerce,  has  greatly  increased  the  importation  of  hemp;  much 
to  their  individual  prejudice,  and  (as  they  lieg  permission  to  show)  to  the  material  prejudice  of  the  country  generally. 
In  the  counties  of  Sussex  and  Morris,  there  are  not  less  than  thirty  thousand  acres  of  land,  adapted  to  the  growing 
of  hemp;  and,  in  the  county  of  Orange,  which  adjoins,  a  much  greater  quantity.  These  hinds  have  heretofore  been 
but  little  cultivated,  and  were  of  small  value  to  the  owners;  in  very  many  instances  wholly  unproductive.  And  as 
they  were  in  most  instances  inundated  during  a  part  of  the  year,  and  filled  with  stagnant  waters,  the  health  of  large 
districts  of  country  has  been  greatly  injured.  To  ledeem  ihese  lands,  therefore,  and  to  render  them  susceptible  of 
growing,  in  abundance,  an  article  of  such  natioiud  importance  as  thatof  hemp,  is  agieatand  lasting  gain  to  the  coun- 
try, in  every  point  of  view,  and,  perhaps,  very  essential  to  its  independence.  The  importation  of  hemp,  on  the  contrary, 
is  a  continual  source  of  national  loss.  This  article  (as  your  honorable  body  well  knows)  is  brought  from  countries 
that  want  few  of  tlie  products  of  this  country:  and  who  are,  besides,  our  rivals  in  many  of  the  leading  articles  which 


1811.]  PROTECTION   TO    MANUFACTURES. 


511 


wc  have  f(>r  exportation.   The  balance  of  trade  with  (hem  is  consequently  lai-ely  against  us:  and,  to  exfin-.ii'h  fliis 
balance,  the  specie  IS  drained  from  our  coiiniiy.  •       e    • 

Your  petitioners  are  fully  of  opinion  that,\yith  suitable  iesislative  encouragement,  there  will  be  raised  not  only 
enough  hemp  for  the  c.msump tion  of  the  I  nited  Stales,  but  that  it  will  i)ecome,  in  a  short  period  of  time,  an  impor 
tant  article  ot  exportatn.n  .  1  his  encouragement  is  the  more  nece-sary  at  this  time,  to  counteract  the  iniui  v  thai  is 
likely  to  be  produced  by  a  continuance  of  the  slate  ol'  thin,i;s  before  alluded  to;  and  to  afford  a  more  iminediate  and 
certain  prospect  of  Ram  to  the  cultivalor  inducing,  i)y  this  means,  otiiers  to  embark  iheir  capitals  in  like  enterpri- 
ses; who  would  else  be  discour.i-ed  by  the  heavy  expense  that  is  unavoidably  incurred  in  the  outset,  and  which  H- 
tords  no  return  till  after  several  years  ol  perseverins;  industry. 

Sucii  are  the  motives  which  have  led  your  petitioners  to  ap|)!y  to  the  (Jeiieral  (iovernment  for  a'^sistance  Thev 
will  not  presume  to  point  out  the  mode,  whether  by  a  bounty  on  domestic  hemp,  or  an  additional  diitv  on  foroi'-n- 
this  they  leave  to  the  wisdom  ot(:ongress.  That  every  thing  will  be  done  that  is  consistent  with  the  du"ties  they  (Pwe 
to  all  classes,  they  have  a  sufhcient  pledge  in  the  deep  interest  which  tlie  Government  has  always  taken  in  'aicin-r' 
the  value  ot  our  native  sod,  and  in  lessening  our  dependence  on  foreign  countries.  "    ^ 

Noveml.r,mr.  JAMES  LUDLUM,  .W  .//..r. 


ISth^oNGRKSS.]  No.    356.  [jst  Session. 

R  E  M  I  S  S  I O  N  O  F   DUTIES. 

OOMMUNICATF.n    TO    TlfE    HOUSE    OF    REPRKSENTATI VES,    DECEMBER   9,    18II. 

Mr.  Newton,  from  the  Committee  on  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Najah 
Taylor  and  Nathaniel  Richards,  for  themselves,  and  in  behalf  of  Gustavus  Upton,  made  the  following  report: 

That  the  petitioners  state,  tliat  Gustavus  Upton,  in  October,  1807,  purchased,  in  France,  sundry  articles  of  mer- 
chandise, which,  in  the  month  of  February,  1808,  were  shipped  in  the  Ceres,  for  New  York,  and  the  voyage  com- 
menced, but  which  was  relandcd  in  consecpience  of  informaiion  received,  that  the  British  Government  had  issued 
orders  for  the  capture  of  all  American  vessels  bound  to  or  fmui  the  ports  of  France.  That  no  safe  opportunity  ofler- 
ing  for  the  conveyance  of  the  merchandise  to  the  United  States,  in  December,  1808,  when  one  of  the  petitioners  (Gus- 
tavus Upton)  left  France  for  Great  Britain;  having  previously  given  instructions  to  Messrs.  McCarthy  and  Brothers 
of  Bordeaux  to  ship  the  merchandise  to  the  United  States  directly,  if  a  conveyance  could  be  obtained:  and,  if  not, 
to  forward  the  same  to  England,  whence,  it  was  supposed,  the  merchandise  might  be  shipped  to  the  United  States' 
with  ease  and  safety.  The  petitioners  further  state,  that,  on  the  12th  of  April,  1809.  a  conveyance  was  ensageil  for 
the  said  merchandise  for  London,  in  the  ship  Yaug  Fran  Agena  Sophia,  of  Sviiiphau^en.  On  the  inerchandfse  arriv- 
ing in  the  port  of  London,  liberty  to  land  the  same,  fi)r  sale,  was  refused,  but  granted  to  reship  it  for  the  United  States; 
which  was  done  in  .Tune,  1809,  on  board  the  Uhadius,  Captain  Farly,  fiir  New  York,  and  reached  that  port  on  the  18t!i  of 
October,  1809.  in  contravention  of  the  provisions  of  the  act  of  Congress,  entitled  "An  act  to  interdict  the  commer- 
cial intercourse  betvYeen  the  United  States  and  Great  Brilain  and  France,  and  their  dependencies,  and  for  other  pur- 
poses." passed  the  1st  of  March,  1809.  The  petitioners  further  state,  that,  on  the  arrival  of  the  said  merchandise  at 
New  York,  they  gave  notice  thereof  to  the  collector,  and  that  they  had  no  intention  of  violating  any  law;  (hat  tlie 
merchandise,  notwithstanding  the  fiiir  and  open  procedure  of  the  petitioners,  was  taken  into  the  custody  of  the  reve- 
nue otticers,  and  that,  on  a  petition  to  the  Secretary  of  the  Treasury,  in  coiiforinity  to  the  act,  entitled  "An  act  to 
provide  for  mitigating  or  remitting  the  forfeitures,  penalties,  and  disabilities,  accruing  in  certain  cases  therein  men- 
tioned,'* he  decided  that  the  said  merchandise  should  be  delivered  to  the  petitioners,  on  their  payment  of  costs,  double 
duties  on  the  articles  imported  contrary  to  law,  and  a  sum  equal  to  the  extra  duties  imposed  by  his  decision,  for  the 
use  of  the  custom  house  officers  at  New  York;  with  which  decision  the  petitioners  complied.  They  now  pray  the 
National  Legislature  that  the  sums  of  money  which  they  have  been  made  to  pay,  over  and  above  the  legal  duties,  may 
be  refunded. 

The  Committee  can  see  no  great  hardship  in  this  case.  The  merchandise  seized  was  prohibited. and  the  whole 
importation,  had  a  prosecuti(m  been  instituted,  would  have  been  condemned  as  an  importation  contravening  the  pro- 
visions of  the  act,  entitled  "An  act  to  interdict  the  ccmimercial  intercourse  between  the  United  States  and  Great 
Britain  and  France  and  their  dependencies,  and  for  other  purposes,"  passed  the  1st  ilay  of  March,  1809.  The  peti- 
tioners or  shippers  must  have  known  that  the  merchandise  was  liable  to  seizure  prior  to  the  shipment  of  the  same  at 
London  for  the  United  States,  the  shipment  having  taken  place  more  than  three  months  subsequent  to  the  passage  of 
the  abovementioned  act. 

So  far  from  being  liable  to  the  charge  of  rigor  in  the  application  of  law  to  the  petitioners'  case,  the  Committee 
are  of  opinion  that  tlie  Secretary  of  the  Treasury  exercised  the  powers  with  which  he  is  by  law  invested,  with  great 
moderation. 

Fnmi  this  view  of  the  subject,  the  Committee  beg  leave  to  recommend  the  adoption  of  the  following  resolution: 

Resolved,  That  the  prayer  of  the  petition  is  unreasonable,  and  ought  not  to  be  granted. 


12th Congress.]  No.  357.  [Ist  Session. 

PROTECTION    TO    MANUFACTURES. 

COMML'NICATEC  TO  THE  JIOUSE  OF  REPRESENTATIVES,  DECEMBER  23,    1811. 

To  the   Honorable  the  Senate  and  House  of  Representatives  of  the  United  Slates  in  Congress  assembled,  the  petition 
of  the  subscribers,  citizens  of  the  Stale  of  New  Jersey,  respeclfully  represents: 

That  your  petitioners  are  concerned  in  the  manufactory  of  iron,  for  which  the  district  of  country  wherein  tiiey 
reside  is  peculiarly  adapted.  Our  hills  and  mountains  abound  with  iron  ore,  of  the  best  quality,  adequate  to  supply 
the  whole  of  the  United  States,  and  they  also  furnish  streams  of  water,  and  fuel,  sufficient  to  convert  this  ore  into 
bar  iron,  castings,  nails,  &c.  &c. 

Whilst  our  commerce  was  undisturbed  by  the  freebooters  of  Europe,  our  iron  manufactories  afTorded  us  a  living 
profit.    Of  late,  the  large  importations  form  Russia  and  Sweden,  and  consequent  reduction  of  price;  tlie  diminution 


512 


FINANCE.  [1811. 


of  commerce,  and  great  difficulty  of  making  sale  of  our  iron  for  cash,  have  so  effectually  embarrased  our  operations, 
thatreally  we  know  not  what  course  to  pursue.  ,         .,        ,   ,     ^  .,  ,  .  ,•      ., 

If  we  sufter  our  works  to  lay  idle,  alter  expending,  perhaps,  the  whole  of  our  capital  in  erecting  them,  we  are  most 
certainly  ruined;  and  if  we  persist  in  conducting  them,  under  such  heavy  einbarrasments,  we  are  almost  as  certainly 
ruined.  In  this'dilemma,  then,  we  appeal  to  the  National  Legislature,  to  relieve  us  from  a  situation  whicli  we  could 
neitlier  i'oresec  nor  prevent.  We  look  to  them  with  confidence,  to  cherish  and  foster,  with  parental  care,  establish- 
ments which,  we  are  bold  to  say,  may  render  us  independent  of  Europe,  in  an  article  so  highly  important  to  the 
agricultural,  commercial,  and  manutacturing  interests  ol  our  country. 

We  solicit  from  your  honorable  body  no  other  assistance  tlian  sucii  as  has  been  frequently  extended  to  esta- 
blishments of  less  importance  than  ours.  If  an  entire  prohibition  to  import  iron  from  Europe  should  be  judged  inex- 
pedient, we  trust  that  the  wisdom  and  patriotism  of  Congress  will  not  hesitate  in  protecting  us  from  ruin,  by  im- 
posing such  an  atlditional  duty  on  this  article,  when  imported,  as  may  enable  us  to  proceed  in  exploring  and  bringing 
forth  the  hidden  treasures  of  our  mountains. 

And  your  petitioners,  as  in  duty  bound,  will  ever  pray.  ^r.cT  .-.■,  ^.-..^-cr.-^.         ,     , 

^       ^  JOSIAH  MUNSON,  ar?f/oi!/jers. 

New  Jersey,  November,  1811. 


12th  Congress.]  No.  358.  [1st  Sgsgioy. 


COMPENSATION   OF  REVENUE  OFFICERS. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    DECEMBER    30,    1811. 

Mr.  Bacon,  from  the  Committee  of  Ways  and  Means,  to  whom  was  referred  the  several  petitions  of  the  collectors 
of  the  ports  of  Philadelphia,  Norfolk,  Plymouth,  (Massachusetts)  and  Baltimore,  and  of  the  naval  officer  of  the 
port  of  Philadelphia,  made  the  following  report: 

That  the  aforesaid  officers  pray  that  provision  may  be  made,  by  law,  lor  remunerating  to  them  the  deficiencies 
which  have  happenecl  in  the  amount  of  their  usual  annual  compensations,  for  some  years  past;  and,  as  it  respects  the 
collectors  of  the  ports  of  Baltimore  and  Norfolk,  that  additional  compensation  may  be  made  them  for  the  future. 

The  committee  have  observed  that  the  deficiencies  refeiTed  to  have  occurred  principally  during  the  years  1808 
and  1809,  and  have  been  occasioned  by  two  causes: 

1st.  The  ge:ierally  depressed  state  of  commerce,  during  those  years,  which  so  materially  affected  the  general 
revenue  of  the  country,  and,  consequently,  the  emoluments  of  the  officers  employed  in  its  collection,  in  different 
degrees. 

'2 J.  The  payment  over,  by  some  of  the  present  incumbents  of  those  particular  offices,  to  the  legal  representatives 
of  their  deceased  predecessors,  of  a  moiety  of  the  commissions  arising  from  duties  bonded  by  such  predecessors,  but 
actually  received  by  such  incumbents,  pursuant  to  the  4th  section  of  the  act  to  establish  the  compensations  of  those 
officers,  passed  March  '2d,  1799. 

On  this  view  of  the  subject,  the  committee  would  remark,  that,  so  far  as  such  diminution  of  compensation  has 
been  occasioned  by  the  first  mentioned  cause,  it  must  be  expected  by  public  officers,  whose  emoluments  depend,  in 
a  great  degree,  upon  the  actual  state  of  the  general  commerce  of  the  country,  that  they  should,  in  some  measure, 
share  their  part  in  the  occasional  variations  which,  at  particular  periods,  may  happen  to  that  commeice;  and  if, 
during  some  years,  they  are  enabled  to  receive  an  amount  which  is  obviously  something  more  tlian  an  average  compen- 
sation for  services  equally  arduous,  in  the  ordinary  branches  of  private  business,  it  ought  not  to  be  complained  of, 
if,  in  other  years,  they  should  receive  some\\hat  less.  Applying  this  principle  to  the  case  of  the  particular  officers 
under  consi"(leration,  the  committee  are  convinced  that,  upon  an  average  of  three  years,  iiom  1808  to  1810,  both  in- 
clusive, those  officers  (with  the  exception  of  the  collector  of  Baltimore)  have  been  enabled  to  receive  an  annual 
compensation  i'or  their  services,  which,  in  reference  to  the  general  rewards  of  skill  and  industry,  during  that  period, 
ought,  under  all  the  circumstances  of  their  case,  to  be  deemed  a  reasonable  one.  The  nett  emoluments  of  the  collec  iur 
of  Phibdelphi:!.  (including  the  half  commissions  paid  to  his  predecessor)  during  that  period,  amounting  to  the  aveiage 
sum  ot  $-2,537  1-2,  annually:  those  of  the  naval  officer  of  that  port,  to  '$-2,6-2c>  89;  those  of  the  collector  of  Norfolk, 
to  *9-21  82:  and  those  of  the  collector  of  Plymouth,  to  $;l.341  45. 

That,  so  far  as  the  nett  emoluments  of  some  of  tliose  officers  have  been  affected  by  the  second  consideration  above 
stated,  it  ought  not  to  form  a  ground  lor  remuneration  by  the  Government,  since  it  is  a  circumstance  incident  to  all 
other  officers  of  the  same  desmption,  upon  the  commencement  of  their  official  duties,  and  is,  in  effect,  but  the  ad- 
vance of  a  sum  out  of  their  first  year's  emoluments,  which  they  may  calculate  upon  being  refunded  to  them,  or  their 
legal  representatives,  after  the  expiration  of  their  official  duties  by  death  or  resignation. 

"That  some  inequalities  exist  in  the  compensations  now  allowed  to  the  officers  of  the  customs,  is  not  improbable, 
and  a  general  review  of  that  subject  may,  at  a  suitable  time,  be  proper  and  expedient.  But  it  is  doubted  whether 
the  present  unsettled  state  of  our  commerce  and  revenue  will  aftiiid  sufficient  data  on  which  any  permanent  regula- 
tions in  tliis  behalf  ought  to  be  founded. 

The  case  of  the  collector  of  Baltimore  is  the  only  one.  amongst  those  referred  to  them,  which,  in  the  judgment  of 
the  committee,  is  attended  with  such  obvious  circumstances  of  hardship,  and  sostrikinginadequacy  of  compensation, 
as  to  justify  extending  to  him  specific  and  temporary  relief.  The  present  collector  came  into  office  near  the  com- 
mencement of  the  year  1808;  and  it  appears,  from  the  official  returns  of  his  emoluments  and  expenditures,  that  his 
nett  emoluments  for  that  and  the  two  succeeding  years  have  amounted  to  but  $1,180  57,  being  an  average  an- 
nual compensation  for  those  years  of  but  $393  52;  and,  so  far  as  can  be  ascertained  from  a  comparative  view 
of  the  official  returns,  it  appears  that  the  expemlitures  ot  that  office  have,  during  that  period,  been  kept  within  a* 
reasonable  limits  as  circumstances  would  justify. 

Under  this  view  of  the  several  cases  referred  to  them,  the  committee  recommend  to  the  House  the  following 
resolutions: 

1st.  That  the  prayer  of  the  several  petitions  of  the  collectors  of  the  ports  of  Philadelphia.  Norfolk,  and  Plymouth, 
(Massachusetts)  and  of  the  naval  officer  of  the  port  of  Philadelphia,  ought  not  to  be  granted. 

2d.  That  there  be  allowed  and  paid  to  James  H.   M'Culloch,  collector  of  the  port  of  Baltimore,  the  sum  of  1,500 
dollars,  as  a  renumeration  for  services  in  his  said  office,  during  the  years  1808,  1809,  and  1810,  for  which  iii^  offi- 
cial emoluments  were  an  inadequate  compensation. 
[See  supplemental  report.  No.  360.] 


1811.]  COMPENSATION    OF    REVKNUK    Ot'FrCERS.  5| 


The  {'(iinniittce  beg  leave  lurlliei-  to  report: 

That,  in  the  course  of  tlie  exaininations  which  became  necessary  in  relation  lo  ihe  meril.s  ol'  liie  particuhir  cases 
under  consideration,  their  attention  lias  been  drawn  lo  the  practical  operation  of  those,  portions  of  (he  revenue  laws 
which  were  designed  to  limit  within  reasonal)le  bounds  the  nett  atnuial  emoluments  of  the  ollicers  of  the  customs,  in 
some  of  the  nriiici|)al  porlsof  the  (Tnion. 

}5y  the  Stl  section  of  the  act  of  (longress.  passed  on  ihe  3()(h  day  of  April,  1S02,  it  is  provided  "that,  wiienever 
the  annual  emoluments  of  any  colleclor  of  Ihe  customs,  after  deducting  therel'rom  the  ex|)endi(ures  incident  to  his 
otlice,  shall  amount  to  more  than  five  thousand  dollars,  or  those  (jf  a  naval  officer,  after  a  like  deduction,  to  more 
than  three  thouse.nd  five  hundred  dollars,  or  those  of  a  surveyor,  after  a  like  deduction,  to  more  than  three  thousnnd 
dollars,  tlie  surplus  shall  be  acc(nin(ed  for,  and  jiaid  by  them,  respectively,  to  the  treasury  of  the  I'liited  Stales."' 

The  principal  items  c(mii)osing  the  aggregate  ol'  '•expenditures  incident  to  these  offices."  consist  of  clerk  hire, 
stationary,  oRice  rent,  ami  fuel:  an  account  of  which,  those  officers  are  ii;iw  reijuired  by  law  to  transmit,  annually,  to 
the  ("omptroller  of  the  Treasury,  to  be  by  him  laid  befoi-e  Congress.  So  long  as  the  w  hole  nett  amount  <if  emolu- 
ments received  by  them,  respectively,  does  not  exceed  ihe  ina.rhnuin  which  they  are  ;iulhori/,ed  lo  retain  for  their 
own  compensation,  the  personeJ  interest  of  the  oflicer  is  undoubtedly  a  suf'icient  check  against  an  unreasonable  ap- 
plication of  their  gross  emoluments  U\v  cleik  hire;ind  oilier  oilicial  expenses.  Hut.  whenever  the  nett  amount  comes 
to  exceed  that  maxbmnn,  it  is  evident  that  Ihe  expenditures  i'oi-  those  oljjects  are  liable  to  mis;ip|)lication  and  abuse. 
In  the  branch  of  clerk  hire,  parlicuhii  ly.  the  establishment  of  a.ii  oflicer  imiy  b','  extended  amongst  his  fiiends,  con- 
nexions, and  dependents,  to  a  degree  hmitcd  only  by  the  amount  of  which  l!ie  whole  nett  emoluments  of  the  otiice 
exceed  that  to  which  the  law  has  limited  the  jiersonal  compensation  of  the  oliicer.  The  committee  do  not  pretend 
to  aver  that  any  instances  of  such  nctual  misapplication  or  abuse  h;i\(' been  bi'iuighl  to  their  knowledge;  but  it  is 
deemed  their  duty  to  state  those  of  which  the  system,  under  present  regulations,  is  suscejitibie.  From  the  infor- 
mation received  from  the  Treasury  Department,  it  appears  that  no  legal  w  practical  check  against  such  abuses  now 
exists  in  that  Dejiarlment.  !t  m:iy.  perhaps,  be  ditlicult  to  ])r:ivi(le  any  which  siiall  he  entirely  eftectual.  It  has  oc 
curred  lo  the  committee,  that  some  limilations  upon  the  amount  of  (derk  hire  might  properly  be  provided:  tliat  it 
should  be  made  the  duty  of  all  custom  house  olHcers  to  return  to  the  (.'(uupl roller  of  the  'I'leasury  a  specification  of 
the  number,  names,  and  respecti\e  coinpensafioii,  of  all  clerks  employed  by  them:  and  giving  lo  the  accounting 
oflicers  of  the  Treasury  Department  a  [lower  of  revising  the  accounts  of  oiiice  expenditures,  anil  disallowing  such 
parts  thereof  as  sh(iuld  appear  to  (hem  unreasonable  or  improper.  'I'hat  all  the  emoluments  arising  from  any  agency, 
employment,  or  office,  attached  to.  or  dependent  on,  any  principal  oliice  in  (he  customs,  should  be  included  in  their 
general  annual  return  of  emolunients  and  expenditures — the  retunis  heretofore  made,  as  it  is  understood,  not  being 
uniform  in  this  respect,  some  of  the  officeis  including  (hose  particular  emolumen(s  in  (heir  returns,  and  odiers  omi(- 
ting  them.  In  illustradoii  of  the  nature  and  extent  of  these  emoluments,  it  is  to  be  observed  that  all  the  collectois, 
in  the  ports  whei e  there  are  no  surveyors,  and  the  surveyois,  in  lliose  ports  where  there  are  such  oiticers.  hold  a 
separate  commi>si()n  of  inspector  of  the  revenue  foi-  Ihe  pari,  in  virtue  of  which  they  are  entitled  to  certain  fees. 
One  collector,  in  each  State,  under  the  act  of  April  fitli,  16U2,  (for  repealing  the  internal  taxes)  has  been  authorized 
to  prepare  certain  certificates  to  accompanj  spirits,  wines,  ami  teas,  imijorted,  i'or  which  they  receive  certain  fees. 
Sundry  collectors  are  agents  for  the  marine  hospital,  and  superintendents  of  light  h;)uses,  l()r  which  they  receive 
certain  commissions  on  moneys  expended  by  them.  And  whether  it  is  within  the  intention  (if  the  law  of  the  .30tli  of 
April.  180-3,  limiting  the  com[)ensations  of  these  officers,  that  such  incidental  emoluments  should  be  included  in  that 
limitation,  or  not,  it  is  ecjually  proper  that  (heir  anntial  amount  s'louhl  be  known,  and  brought  within  the  review  and 
controlling  powers  of  Congress. 

Although  the  amount  received  by  the  custom  house  officers,  for  their  shares  of  tine.-.,  penalties,  and  forfeitures, 
does  not  form  a  part  of  their  oidinary  enmlunients,  so  as  to  subject  this  portion  of  them  to  the  limitation,  yet  they 
ought,  as  it  is  conceived,  to  include  them  in  their  returns,  and  for  this  obvious  reason,  viz:  that  the  same  causes 
which  may  have  much  diniinislKd  the  legular  emoluments  of  those  officers,  may,  and  probably  have,  greatly  increas- 
ed the  casual  ones  arising  from  this  source.  Another  reason  for  requiring  such  returns  is  that  of  uniformity — some 
of  the  officers  now  including,  and  others  omitting  them. 

Some  regulations  of  this  sort,  designed  to  bring  the  official  expenditure-:  of  the  officers  of  the  customs  more  im- 
mediately under  the  review  of  the  Legislature,  and  the  reasonable  control  of  the  Treasury  Department,  have  sug- 
gested themselves  to  the  committee,  and  have  been  incorporated  into  the  bill,  which,  by  orde;-  of  the  House,  is  here- 
with reported. 

CoMMiriKK  Room.  Xovemher  \d,  IS'.l. 
Sir: 

The  Committee  of  Ways  and  Means,  lo  whom  has  been  reil-rred  the  several  memorials  of  the  coiiectors  of 
Norfolk.  Philadelphia,  and  Baltimore,  paying  for  extra  compensation  for  past  services,  and  for  an  increase  of  the 
commissions  attached  to  their  oflices,  for  the  future,  and  which,  are  herewith  enclosed.  ha\e  directed  me  to  request 
of  you  the  fidlowing  information,  viz: 

1st.  A  statemeiit  of  the  gross  emoluments  and  ofiicial  expenditures  of  the  collector  of  Pxiliimnrc.  fr(un  the  yeaf 
1805,  inclusive,  (o  tlie  present  period. 

'2(1.  A  similar  statement  in  relation  to  the  collectors  of  PhilaJelpJiia  and  .\orfo/k  for  the  ni-eceding  (laariers  of 
the  year  1811. 

3d.  A  statement  of  the  official  expenditures  of  the  three  officei-s  aforesaid,  from  tli(>  year  180T.  inclusive,  to  the 
present  period,  noting  distinctly,  the  nature  of  (hose  expenditures,  the  number  of  clerks  employed  !)y  each,  with 
their  respective  salaries  and  coni|K'nsations. 

4th.  Whether  the  official  crpcndilKres  of  the  collectors  (particularly  that  |)ortioii  (.'I  them  occasioned  by  clerk 
hire)  may  not.  without  inconvenience,  be  diminished  in  propordon  to  (he  corresponding  dimiiuUion  of  the  current 
official  business  and  emoluments  of  the  several  officers. 

5(h.  W  hether  the  necessary  actual  duties  of  said  officers  have  not,  in  a  good  measure,  diminished  in  a  corres- 
ponding proportion  to  the  diminution  of  their  nett  emoluments. 

6th.  ^^  hat  practical  checks  exist  against  (he  improper  expendKure  of  money  for  clerk  hire  and  other  office  ex- 
penditures, and  w  hat  are  the  general  rules  adopted  by  the  Treasury  Department  in  relation  thereto. 

7th.  Such  other  information,  tending  to  elucidate  the  subjects  referred  to  the  committee,  as  you  may  think  proper 
to  communicate. 

I  am,  sir,  with  great  respect,  your  obedient  serwaiK. 


Hon.  Albkrt  Gallaiin.   Secretary  of  the  Treasury. 


K.  BACON. 


Treasury  Dhpaktjiknt,  December  '2tl,  1811. 
Sir: 

I  have  (he  honor  to  enclose   (he  s(a(eincnts  of  emoluments  and  official  expenditures  of  certain  collectors,  re- 
quired by  your  leiter  of  I9(h  ultimo,  so  far  as  the  same  are  known  at  the  treasury. 

1  do  not  know  the  number  and  salaries  of  (:lerks  employed  by  the  collectors.  No  other  returns  are  required 
from  them  by  law  ,  in  that  respect,  (ban  those  which  have  been  annually  transmitted  to  Congress.  The  treasury  has 
no  control  over,  or  checks  against,  the  employment  of  a  superfluous  number  of  clerks  by  those  officers — the  only- 
check  provided  by  law  being  the  ammint  of  their  gross  emolumen(s,  out  of  which  (hey  must  pay  their  clerks,  office 


514  FINANCE.  [1813. 


that  they  have  all  clone  it  as  far  as  they  could;  but  I  cannot  assert  the  fact  of  my  own  knowledge.  I  am  of  opinion 
that,  under  the  restrictive  laws,  the  personal  and  actual  duties  of  the  collectors  have  been  increased,  notwithstanding 
the  diminution  of  business  in  other  respects.  That  the  three  collectors,  whose  petitions  you  enclosed,  have  not, 
during  the  period  of  their  services,  received  a  compensation  adequate  to  those  services,  appears  to  me  evident. 
How  far  justice  and  policy  may  require  that  an  additional  allowance  should  be  made  to  tiiem  on  that  account,  is 
not  a  question  for  me  to  decide. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  E.  Bacon,   Chairman  of  the  Committee  of  Ways  and  Means. 


12tli  Congress.]  No.  359.  [1st   Session. 


REMISSION    OF    DUTIES. 

CTJMMUNICATED    TO    THE  HOUSE    OF  REPRESENTATIVES,  DECEMBER  30,  1811. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Ezckiel 
Hubble,  of  Bridgeport,  in  the  State  of  Connecticut,  made  the  following  report: 

That  the  petitioner,  cm  the  17th  ot  .Tanuary.  1809,  at  London,  in  the  kingdom  of  Great  Britain,  purchased  of  Wil- 
liam Lyman,  the  consul  of  the  United  States,  the  shipEliza  Ann,  of  New  York,  he  acting  as  the  agent  of  the  owners, 
.Toshua  Jones  and  Edward  R.  Jones,  of  New  York,  trading  under  the  firm  ot  Joshua  Jones  and  son,  and  that  the  said 
ship  was  transferred  to  the  petitioner,  by  the  said  William  Lyman,  according  to  the  form  prescribed  by  law.  That, 
after  the  purchase  of  the  said  ship,  she  sailed  from  liOudon,  to  Cadiz,  in  Spain;  took  in,  there, acargo,  principally  be- 
longing to  the  petitioner,  and  proceeded  to  New  York,  at  which  place  she  arrived  on  or  about  the  7th  of  June,  1809; 
the  petitioner  being  at  that  time  absent  in  Europe,  and  for  some  months  after  the  arrival  of  the  said  ship  in  the 
United  States;  in  consequence  of  which  a  register,  in  the  name  of  the  owner  or  petitioner,  could  not  be  obtained,and 
the  ship  and  cargo  were  subjected  to  the  payment  of  foreign  duties. 

It  is  also  stated  that  a  legister  for  the  said  ship,  accor(Rng  to  law,  has  been  obtauied. 

The  object  of  the  petitioner  is  to  obtain  a  remission  of  so  much  of  the  duties  as  are  above  those  paid  by  vessels  of 

the  United  States.  .,.,..,..        ^    ,     ^ 

This  case,  while  tlie  said  ^hip  was  without  a  register,  cnme  within  the  jurisdiction  ot  tiie  Ireasury  Department, 
and  a  remission  oi  the  foreign  duties  might  have  been  procured,  had  an  application  been  made  to  that  Department 
during  the  continuance  of  the  disability  incurred  by  the  owner's  not  taking  out  a  register  within  three  days  after  the 
arrival  of  the  said  ship  in  the  port  of  New  York.  ■•      ■        r  ■  i     o  r    i     t 

A  new  certificate  of  registry  being  obt:uned  previous  to  the  application  of  the  owner  to  the  Secretary  of  the  irea- 
sury for  a  remission  of  the  foreign  duties,  put  it  out  of  the  power  of  the  latter  (o  do  so,  as  the  remission  is  incidental 
only  to  the  Secretary's  removing  a  disability.  ,,      ,  ,  ,      ,     -i    ,      -i 

'The  committee,  on  mature  consideration,  are  ot  opinion  that  cases  like  the  present  ought  to  be  decided  without 
delay,  and  that  it  is  safer  to  confine  them  to  the  jurisdiction  of  the  Treasury  Department.  Being  of  this  opinion,  they 
beg  leave  to  report  a  bill,  authorizing  the  Secretary  of  the  Treasury  to  render  the  same  decision,  on  this  case,  that  he 
would  have  done  had  application  been  made  to  him  previous  to  the  removal  of  the  disability  by  the  petitioner. 


12th  Congress.]  No.  360.  [1st  Session. 


COMPENSATION    OF    REVENUE   OFFICERS. 

rOMMUMfATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    ON  THE  6tH    OF  JANUARY,  1812. 

Mr.  Bacon  made  the  following  report: 
The  Committee  of  Ways  and  Means  beg  leave  to  submit  to  the  House  the  following  report  on  the  several  petitions 
of  the  collectors  of  the  ports  of  Phila'delphia,  Baltimore,  Norfolk,  and  Plymouth,  (Massachusetts)  and  the  naval 
officer  of  the  port  of  Philadelphia,  in  correction  of,  and  as  supplementary  to,  their  report,  made  in  relation  thereto, 
on  the  30th  of  December  last.     [See  No.  358.  ] 

That  on  a  further  investigation  of  the  amount  of  emoluments  received  by  those  officers  during  the  years  1808, 1809. 
and  181o'  it  appears  that  the  iiett  emoluments  of  the  collector  of  Philadelphia,  from  the  27th  of  August.  1808,  wlien  he 
entered  upon  his  office,  to  the  close  of  the  year  1810,  (including  the  half  commissions  paid  to  the  estate  ofhis  predeces- 
sor") amounted  to  the  average  sum  of  $3,26-2  02,  annually;  those  of  the  collector  of  Baltimore,  from  the  13th  Apnl, 
1808  when  he  entered  on  his  office,  to  the  close  of  the  year  1810,  including  the  half  commissions  as  aforesaid,  to  the 
averTt^e  sum  of  $1,687  68,  annually;  those  of  the  collector  of  Norfolk,  from  the  year  1808  to  the  year  1810,  both  inclu  - 
sive'  fncludint'  the  half  commissions  as  aforesaid,  to  the  sum  of  $921  82,  annually:  those  of  the  collector  ot  Ply- 
mouth for  the^'same  period,  to  $1,953  92,  annually;  andthose  of  the  naval  officer  of  the  port  of  Philadelphia,  for  the 
same  period,  to  $2,802  29,  annually.  r  ■      •  u      ■  i    • 

Under  this  view  of  the  facts,  the  committee  recommend  to  the  House  the  adoption  of  the  following  resolution,  in 
lieu  of  those  recommended  in  tiieir  former  report  on  this  subject:  .„,.,.,,.     «  u-  i«    r  ii,   pi 

That  the  piayer  of  the  several  petitions  of  the  collectors  ot  the  ports  of  Philadelphia,  Baltimore,  Norfolk,  Fly- 
mouth  (Massachusetts)  and  of  the  naval  officer  of  the  port  of  Philadelphia,  ought  not  to  be  granted. 


1812.] 


THE    MINT. 


515 


12th  Congress.] 


No.  361. 


[1st  Skssio.x. 


MINT. 

COMMONICATEI)    TO    THE    SENArE,    JANLAKY  7.    1812. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

I  lay  before  Congress,  for  their  information.  ;i  report  of  ihc  Director  oi'  the  Mint. 

January  Ith,  1812. 


JAMKS  MADISON. 


Sir 
the  exce 


MtNT  OK  THF.  Unitkd  Statks,  .A«(?/an/ 1 .  1812. 


I  have  now  the  iionor  of  laying  before  you  a  report  of  the  operations  of  the  mint,  during  iht'  hist  year.     With 
xception  of  a  few  weeks,  after  tlie  expiiation  of  the  charter  of  tlie  Ijaiik  of  t'ne  Tniteil  States,  the  supply  of 
bullion,  now  furnished  chiefly  by  the  other  banks  in  this  city,  has  never  been  more  abundant. 

From  the   tieasurer's  statement  of  the  last  year's  coinage,   which  is  herewith  transmitted,  it   will   aii])ear  that, 
during  that  period,  there  have  been  struck  and  issued  — 

In  gold  coins,  99,581  pieces,  amounting  to  497.905  dollars. 

In  silver  coins,  1,268,824  pieces,  amounting  to  608,340  dollars. 

In  copper  coins.  281,165  pieces,  amounting  to  2,495  dollars  and  95  cents. 

Making,  in  tlie  whole,  one  million  six  hundred  and  forty-nine  thousand  five  hundred  and  seventy  pieces  of  coin, 
amounting  to  one  million  one  hundred  and  eight  thousand  seven  hundred  and  forty  dollars  and  ninety-five  cents. 

I  have,  sir,  the  h mor  to  be,  with  sentiments  of  tlis  greatest  respect  and  esteem. 

Your  most  obedient  servant, 

R.  PA  irKRSON. 


.i  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  3lst  Deremljer. 

1811,  viz: 


GOLD  COINS. 

Amount  in  dolls, 
and  Cents. 

Total. 

Half  Eag-les. 

Quarter  ending  31st  of  March, 
30th  June, 
30th  September, 
31st  December, 

16.330 
21,520 
27,450 
34,281 

81.650 
107,600 
137.250 
171,405 

99,581  pieces  of  gold  coins, 

99,581 

Total  amount  of  sold  coins. 

, 

197,905   00 

110.626  50 
169.713  00 
195,671   00 
132.329  50 

SILVER  COINS. 

Dimes. 

Half  Dollars. 

Quarter  ending  31st  March. 
30th  June, 
30tli  September, 
31st  December, 

12,000 
53,180 

221.253 
337,026 
380,706 
364,659 

1,268,834  pieces  of  silver  coins, 

65,180 

1,203,644 



608.340  000 

2,180  25 
315  70 

COPPEK  COINS. 

Cents. 

Half  Cents. 

Quarter  ending  31st  March, 

30th  September, 

218,025 

63,140 

291,165  pieces  of  copper  coins. 

218.02.3 

63,140 

Total  amount  of  copper  coins. 

_                                     _                                     _ 

2.495  9.1 

1,649.570  pieces  of  all  the  coins.                         .\mount  of  ail  the  coins  in  1811. 

81,108.740  95 

Mist  of  thb  United  States,  Treasurer's  Office,  Philadelphia,  31.?/  December^  1811. 

BENJAMIN  RUSH. 


516 


FINANCE. 


[1812. 


Jin  Abstract  of  the  ordinary  expenses  of  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  3lst  of  De- 
cember, ISli, inclusive,  viz: 


Quarter  ending  3 Isl  March,   1811.     - 
30th  June,  1811, 
30th  September,  1811, 
31st  December,  1811, 


Salaries. 


Wages. 


2,650  00 

2,56G  07 

3,5i>5  00 

2.:5'25  00 


1,869  49 
1,881  29 
1,9-25  88 
1,921   66 


10,266  67 


7,598  32 


Incidental. 


497  50 

1,070  26 

598  02 

734  86 


2,900  64 


Amount, 


Totals. 


5,016  99 
5,518  22 
5,048  90 
5,181  52 


$20,765  63 


Mint  of  the  United  States,  Treaswer-s  Office,  Philadelphia,  3U7  December,  1811. 

BENJAMIN  RUSH. 


IStll   CONORESS.] 


No  362. 


[1st  Session. 


PUBLIC    DEPOSITES    IN    BANKS. 


C0MMUNIC.\TED   to   the    HOUSK    of   representatives,    JANUARY    13,    1812. 

Treasury  Department,  January  8ih,  1812, 


Siu: 


1  have  the  honor,  in  obeiilence  to  tlie  resolution  of  the  House  ot  Itepresentatives,  of  the  23d  ultimo,  to  trans- 
mit a  stiilement  of  the  several  banks  in  which  the  public  moneys  are  now  deposited,  showin^g  the  greatest  amount 
that  has  been  deposited  in  each  i);ink  at  any  one  period  since  the  4th  day  of  March,  1811,  and  also  the  amount  de- 
posited in  each  bank  on  the  30th  of  September,   1811. 

The  annexed  correspondence.  No.  1  to  17,  relates  to  t!ie  otlier  subjects  of  iii(|uiry  embraced  by  the  resolution  of 
the  House. 

As  soon  as  it  had  been  ascertained  that  tiie  charter  of  the  Bank  of  tlie  Lnitcd  States  would  not  be  renewed,  a 
letter  was  addressed  (No.  1)  to  the  collectors  of  Boston,  New  York,  Philadelphia,  Baltimore,  Noifolk,  Charles- 
ton and  New  Oi-leans,  directing  them  to  cease  to  deposite  custom  house  bonds  foi-  collection  in  the  Bank  of  the  United 
States,  (or  its  branches)  to  withdiaw  those  falling  due  after  the  3(1  ilay  of  March,  1811,  and  to  deposite  thereaf- 
ter, the  bonds,  in  one  or  more  State  banks,  which  were,  according  to  the  information  already  received,  either  pointed 
out  or  left  at  the  option  of  the  collector.  The  only  condition  required,  in  the  first  instance,_from  the  bank  or  banks 
thus  selected,  was,  that  they  should,  in  their  discounts,  give  the  preference  t  >  paper  olfered  by  persons  having 
custom  house  bunds  to  pay.  This,  considering  the  pressure  expected  from  the  dissaluti'in  of  the  Bank  of  the  United 
States,  appeared  of  primary  importance  towards  facilitating  and  securing  the  collection  of  the  revenue.  There  being 
no  State  Bank  at  Savannah,  the  collector  of  that  port  was  only  directed  to  cease  depositing  the  revenue  bonds  in  the 
Branch  Bank  of  the  I'nitcd  States. 

The  banks  selected  in  conformity  witii  that  instruction,  were, 

At  Boston,  the  Union  and  Massachusetts  Banks: 

At  New  York,  the  Manhattan  Company  and  Mechanics'  Bank; 

At  Philadelphia,  the  Bank  of  Pennsylvania  and  Fanners'  and  Mechanics*  Bank; 

At  Baltimore,  the  Bank  of  Baltimore  and  the  Commercial  and  Farmers'  Bank; 

At  Norfolk,  the  branch  of  the  Bimk  of  Virginia; 

At  Charleston,  the  State  l^ank; 

At  New  Orleans,  the  Bank  of  Louisiana. 

Partial  deposites  iiad  previously  been  made  in  the  Bank  of  Pennsylvania,  and  with  the  Manhattan  Company,  as 
was  in  a  fiu-mer  report  stated  to  Congress.  At  Norfolk  and  New  Orleans,  there  was  no  choice,  as  only  one  bank 
was  established  in  each  of  those  two  cities.  The  revenue  bonds  are  divided  equally,  at  Philadelphia,  between  the 
two  banks  employed  there.  The  collect!)rs  of  New  York  and  Baltimore  have  been  directed  to  deposite  about  two- 
thirds  of  the  bimds  with  (he  Manhattan  Company  and  the  Bank  of  Baltimore,  respectively,  and  the  other  third  in  the 
other  bank  employed  in  each  j)lace.  The  collector  of  Boston  deposites  indiscriminately  in  the  Union  andMassachu- 
Betts  Banks,  but  generally  to  a  larger  amount  in  the  first. 

All  those  banks,  with  the  exception  of  that  of  Norfolk,  explicitly  assented  to  the  condition  required,  and  trans- 
mitted answers  similar  in  substance  to  that  given  by  the  Bank  of  Pennsylvania,  (No.  2.)  The  answer  of  the  bank 
at  Norfolk  (No.  3)  was  also  in  the  aliinnative.  but'more  cautiously  expressed.  There  being  but  one  bank  in  Vir- 
ginia, which  must  necessarily  be  employed,  and  the  public  deposites,  compared  with  its  capital,  being  inconsiderable, 
it  was  thought  ineligible  to  ask  any  other  conditions,  and  the  letter  (No.  6)  was  accordingly  written. 

To  all  the  other  banks,  above  mentioned,  the  letter  (No.  4)  was  written,  informing  them  that  a  monthly  state- 
ment of  their  situation,  which  would  be  considered  as  conlideniial,  and  the  same  accommodation,  in  the  transmission 
of  public  moneys,  as  had  heretofore  been  received  from  the  Bank  of  the  C' nited  States,  would  be  expected  from  them. 
From  all  of  them,  the  State  B;ink  of  South  Cai'olina  excepted,  an  answerin  the  altinmUive  was  received,  similar  in 
substance  to  that  given  by  tiie  Bank  of  Pennsylvania,  (No.  5.)  The  answer  of  the  State  Bank  was  inodihed,  by  rea- 
son of  some  particular  provisions  m  its  charter.  That  answer,  and  (he  reply  to  it,  are  marked  No.  7  and  8.  If  the 
alterations  in  the  charter,  therein  alluded  to,  are  not  obtained,  it  may  hereafter  become  necessary  to  place  the  public 
moneys  collected  at  Charleston,  in  another  bank. 


Previous  to  the  establishment  of  the  B;- 


\imk  of  the  United  States  at  Wasiiington,  the  Bank  of  Columbia  had 


been  employed  in  paying  the  dividends  ou  the  public  debt,  and  transacting  all  the  treasury  business  at  the  seat  of 
Government,  it  hail  aiterwards  continued  to  receive  partial  deposites.  arising  from  the  sources  stated  in  a  former 
report;  and  since  the  dissolution  of  the  Bank  of  the  United  States,  the  treasury  payments  have  been  made  through 
that  bank  and  that  of  Washington,  in  the  manner  explained  in  the  letters  No.  9  to  13. 

The  dividends  on  the  public  debt,  formerly  paid  at  the  Bank  of  the  United  States  and  its  branches,  are  now  paid, 
at  Boston,  by  the  Union  Bank;  at  New  York,  by  the  Manhattan  Company;  at  Philadelphia,  by  the  Bank  of  Pennsyl- 
vania; at  Washington,  by  the  Bank  of  Columbia;  and  at  Charleston,  by  the  State  Bank. 


181'2.] 


PUBLIC    DKPOSITES    IN    BANKS. 


517 


The  other  banks  in  which  public  moneys  had  previously  been,  ami  continue  to  be.  deposited,  are  those  of  Maine 
and  Saco,  in  the  Dstrict  of  Maine:  Roger  Williams  and  Newptirt,  in  the  State  of  Rhode  Island:  Alexandria,  in 
the  District  of  Columbia;  Marietta,  in  the  State  of  Ohio:  l\.entucky,  in  that  State:  and  the  otHce  of  t!ie  Bank  of  Penu- 


\M'i\ 


uisins  from  the  sales 

I'lie  h'tters.  No.  1-1  to 

Island.  Conneiicuf,  North  Ca- 

('(ini|)any.  die  Virginia  branch. 

leu  \\anlei!,  paid  at 

agreed  to  pay.  in  one 


sylvania,  at  Pittsburg.  In  the  three  last,  deposites  are  made  by  the  receivers  of  public  money 

of  hauls:  in  the  others,  by  the  collectors  of  customs  of  the  places  wliere  they  are  e.stabli  '     '" 

17,  will  show  the  manner  in  which  the  surplus  revenue  collected  in  Maine,"  Rhode 

rolina,  Savannah,  and  some  other  ports,  is  diawn  indie  Union  Hank,  the  Manhattai 

of  N(ufolk.  and  the  State  Bank  of  South  Carolina.     The  sums  deposiied  at  l'iii>burg,  are.  v. 

Philadelphia,  by  the  I5ank  of  Pennsylvania.  The  banks  ofMariettaand  Kentucky  had,  heretofore 

of  the  Atlantic  banks,  the  moneys  depoMted  with  them,  and  for  which  ilie  irca.-ury  could  not  dra\v  upon  them  within 

four  m<inths  after  tiie  ilate  of  s  icli  deposite>.   They  have  found  it,  lately,  ditticult  to  ettecl  tho>e  payments  within  that 

timCj^aiid  by  a  late  agreement  with  tiie  Bank  of  Kentucky,  the  time  has  been  extended  to  six  months. 

No  difficulty  has  been  experieiiceil  in  the  transmi-sioii  of  public  moneys,  and.  with  the  excei)tion  of  Norfoik  and 
Savannaii,  tlie  revenue  has  generally  been  as  well  collected  as  heretofore. 

^^'ith  respect  to  the  late  Bank  of  the  United  States,  the  loan  was  repaid  at  the  times  and  in  the  manner  \\hich 
appeared  best  calculated  to  priidiice  the  least  inconvenience  to  tin-  public,  aiul  to  the  banks  now  employed  by  Uovern- 
ment.  The  deposites  were  gradually  w  ithdrawn,  and  the  account  with  that  institution  and  its  branches  fuiaily  closed, 
on  the  2d  of  September  last,  with  tlie  excei)tioii  of  a  lialance  of  about  70,000  dollars  in  the  New  Orleans  branch,  for 
the  whole  of  \v  Inch  a  credit  has.  several  months  ago,  been  given  to  the  agents  of  the  ^^'arand  Na\y  l)ej);iitments,  but 
which  has  not  yet  been  iiuide  use  of  by  them. 

It  had  been  suggested,  in  a  report  of  January  -i.'},  1811.  that  some  doubt  might  exist  respecting  the  obligation  of 
the  United  States  to  receive  the  notes  of  tlie  late  Bank  of  the  United  States  in  payment  of  duties,  afterits  ilissolution. 
No  legislative  provision  having  been  made  on  that  subject,  the  collectors  and  reciever-.  of  public  moneys  were  ne- 
vertheless directed  not  to  receive  any  which  the  bank  refused  to  receive  from  (Tovernment.  uv  for  wliicli  such  col- 
lectors could  not  conveniently  receive  (layment.  The  circuit  court  of  Virginia  has,  however,  lately  decided,  that, 
under  the  existing  law,  all  the  notes  of  that  bank,  and  wherever  payable,  were  still,  e\ery  where,  a  legal  tender  in  pay- 
ment of  duties.  The  necessity  of  an  immediate  repeal  of  that  part  of  the  law  which  is  still  considered  as  being  m 
force,  is  respectfully  submitted:  as  a  very  considenible  amount  of  outstanding  notes  of  New  Orleans,  Savannah,  and 
Charleston,  will  otherwise  be  forced  on  the  treasury,  and  cannot  be  realized  without  great  risk,  and  the  expense  of 
transporting  specie. 

I  have  the  honor  to  be.  witli  great  respect.  Sir,  your  obedient  ser^■ant. 

ALBERT  (iVLLATIN. 

The  Honorable  tlie  Speaker  of  the  House  of  Representatives. 


iitatement.  of  the  several  bonks  in  irhich  the  public  money  is  deposiied;  shoicins-  the  greatest  amount  in  each  bank  at 
any  one  period,  since  the  \th  March,  1811:  cmd,  also,  the  amount  deposited  in  each  bank  on  the  30th  September. 
ISll. 


Greatest  amount  at   anv  one    period  since   4th 

Niinics  of  Banks. 

Where  situated. 

March,   1811. 

Amount  on  30th 

Septeniber,  181 1. 

Amount. 

Period. 

Maine. 

Portland, 

$58.-249  00 

September  30,    1811. 

$58,249  00 

Saco.      -            -            -            - 

Saco, 

49,80G  69 

December   16,      " 

35,218  22 

Union. 

Boston, 

tJS5,;j7"2  18 

Ditto. 

491,374  31 

Massachusetts. 

Do. 

358,4-20  77 

November  18. 

311. 503  37 

Roger  Williams. 

Providence,     - 

85.791    12 

December     9, 

67,291    12 

Newport, 

Newport. 

40,202  95 

March           4,      " 

19.901   65 

Manhattan, 

New  York, 

1,106,460  86 

November  25,      " 

685,094  62 

Mechanics". 

Do. 

675,474  34 

December  23.      •' 

490,516  15 

Farmers  and  Mechanics". 

Philadelphia,  - 

572,744  09 

November  25. 

100.750  65 

Pennsylvania. 

Do. 

646,673  37 

December  23, 

372,715  70 

Branch  bank  of  Pennsylvania, 

Pittsburg, 

154,474   17 

Ditto,      16,      •• 

69,562  82 

Balliinore. 

Baltimore, 

382.377  85 

Ditto, 

267,616  91 

Co-nmercia!  and  Farmers'. 

Do. 

132.636  50 

October         7, 

117,636  50 

\V  a-hinsto;!, 

^^'ashington,    - 

126,009  94 

Deci-mber   23, 

.■>7,285  87 

(_"i.!;;mbia. 

Do. 

220,653  05 

Ditto, 

73,868  28 

Alexandria. 

Alexandria,     - 

66,319  89 

September  30. 

66,319  89 

Branch  of  Bank  ol  Virginia.     ■ 

Norfolk, 

67,788  87 

December  23. 

17,546  28 

State.      -            -            -             - 

Charleston, 

486,217  79 

Ditto,     16,      '• 

344,285  00 

Marietta. 

Marietta, 

19,601   62 

March           4.      " 

9,047  25 

Kentucky, 

Frankfort, 

131,011   73 

September  30, 

131,011   73 

Louisiana, 

New  Orleans, 

124,000  00 

Ditto, 

124.000  00 

Branch  of  Bank  of  United  States, 

Do. 

196,701   55 

March           4.      •' 

(«.)        68,860  03 

(n. )  A  credit  in  favor  of  the  agents  of  the  War  and  Navy  Departments  for  the  whole  of  this  sum  lias  been  g-ivcn  for  severa 
months,  but  has  not  yet  been  made  use  of  by  them. 

Tre.\sury  Dep.^rt.micnt.  December  30,  1811. 


No.    1. 


Tke.\surv  Dep.vrt.ment.  February  25,  1811. 


mr: 


It  being  now  settled  that  the  charter  of  the  Bank  of  the  United  States  will  not  be  renewed,  and  it  being  ne- 
cessaiy  to  discontiinie  the  agency  of  that  bank  in  transacting  the  treasury  business,  after  its  corporate  character  shall 
have  ceased,  I  have  to  request  your  imuieiliate  attention  to  the  following  preliminary  arrangements: 

1.  From  the  receipt  of  this  letter,  you  will  cease  to  deposite  custom  house  bonds  tor  collection  in  (he  Bank  of  the 
United  States,  and  you  will  withdraw  all  such  bonds,  falling  ilue  after  the  third  day  of  March  next,  as  have  been 
idready  deposited  therein  for  collection. 

2.  Vou  w.ll  deposite.  for  collection,  all  b^mds  becoming  tlue  after  the  third  day  of  March  next,  in  such  of  the 
State  baijks  at  Philadelphia  as  shall  appear  to  you  best  adapted  for  eftecting  such  collection  punctually,  etfectually. 
and  securely.  The  only  condition  to  be  previously  required  of  such  bank  is  the  following:  that,  in  making  their 
discoutits,  other  things  being  equal,  thev  shall  consider  it  as  a  rule,  that  paper  oSered  by  persons  h.aving  custom 

66  tt 


518  FINANCE.  [1812. 


house  bonds  to  pay,  and  intended  to  be  applied  to  such  payments,  shall  have  the  preference  over  all  other  paper 
oPiered  for  discount.  This  is  not  intended  to  take  from  the  directors  the  privilege  of  judging  as  to  the  sufficiency 
of  the  drawers  or  endorsers  of  paper  thus  offered  for  discount,  but  only  that,  when  such  sufficiency  is  not  doubted, 
the  first  facilities  of  the  bank  shall  be  given  to  those  who  have  payments  to  make  to  the  treasury.  If  the  state  of 
commercial  credit,  an<l  the  pressure  pn  the  banks,  be  such  that,  in  your  opinion,  a  division  of  those  deposites 
between  two  banks  will  have  a  tendency  more  effectually  to  assist  and  support  those  interests,  so  important  to  the 
treasury,  you  are  at  liberty  to  make  such  division. 

It  is  to  be  distinctly  comuiunicated  to  such  bank  or  banks  as  you  may  select,  that  the  arrangement  now  made  is 
temporary,  and  that  it  is  not,  in  any  wise,  to  be  taken  as  a  pledge  that  the  public  deposites  will  be  permanently  con- 
tinued with  them. 

3.  The  moneys  collected  are  to  be  paid  over  weekly,  as  heretofore,  to  the  credit  of  the  Treasurer  of  the  United 
States,  with  whom,  of  course,  the  bank  or  banks  you  may  select,  must  open  an  account.  Instructions,  as  to  the 
mode  of  keeping  this  account,  and  transmitting  statements  ot  it  to  the  treasury,  will  be  given  to  them  by  this 
Department. 

4.  As  soon  as  you  shall  have  made  your  arrangements  under  this  instruction,  you  will  inform  me,  with  precision, 
what  they  are,  that  the  corresponding  measures  may  be  regularly  and  promptly  taken  here. 

I  am,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
John  Steele,  Esq.  Collector,  Philadelphia. 

P.  S.  On  equal  terms,  I  would  prefer  employing  the  Pennsylvania  Bank  and  the  Farmers  and  Mechanics'  Bank. 

No.  2. 

Bank  of  Pennsylvania,  March  2cl,  1811. 

Sir: 

I  had  the  honor  of  laying  before  the  directors  of  this  institution  your  letter  of  yesterday,  respecting  the 
agency  of  this  bank,  in  conjunction  with  the  Farmers  and  Mechanics'  Bank,  in  the  collection  of  the  revenue  at 
this  port. 

I  am  directed  to  enclose  you  a  copy  of  the  resolution  entered  into  by  them,  accepting  of  the  agency  on  the  terms 
proposed. 

I  am,  sir,  very  respectfully,  your  obedient  servant, 

JOSEPH  P.  NORRIS,  P.  B.  P. 
John  Steele,  Esquire. 

At  a  meeting  of  the  President  and  Directors  of  the  Bank  of  Pennsylvania,  on  Saturday,  the  2d  March,  1811.  a  com- 
niunicatiiu),  under  date  of  tiie  1st  instant,  from  John  Steele,  Esquire,  collector  of  the  port  (  f  Philadelphia, 
ad<lressed  to  the  President  of  this  Board,  being  read,  and  the  subject  thereof  duly  considered,  it  is 

Resolved,  That  the  agency  proposed  to  this  bank,  of  transacting  a  part  of  the  business  of  the  Treasury  Depart- 
ment of  the  United  States,  be  accepted;  and,  in  compliance  with  the  stipulation  made  by  the  collector,  it  is  under- 
stood that  the  persons  having  custom  house  bonds  to  pay  at  tliis  bank  wdl  be  accommodated  with  discounts,  under 
the  usual  precautions  and  sufficiency  of  the  paper,  intending  thereby  to  give  the  first  facilities  of  the  bank  to  the 
collection  of  the  revenue,  and  to  those  who  have  payments  to  make  to  the  treasury. 

The  President  is  requested  to  make  a  reply  to  the  communication  Irom  the  collector,  furnishing  a  copy  of  the 
above  resolution. 

Extract  from  the  minutes. 

JONATHAN  SMITH,  Cashier. 

No.    .3. 

The  President  laid  before  tlie  Board  of  Directors  a  communication  from  the  Secretary  of  the  Treasury  Department, 
to  Larkin  Smith,  Esquire,  collector  of  the  port  of  Norfolk,  on  the  subject  (if  making  arrangements  with  this 
office  for  opening  an  account,  and  depositing  custom  house  bonds  fi)r  collection:    It  is,  therefore, 

Resolved,  itnanimousli/.  That  they  will,  at  all  times,  aftlird  to  the  Government  of  the  United  States,  and  its 
debtors,  every  facility  anil  aid  in  their  power,  consistent  with  the  interest  of  the  institution  committed  to  their  care; 
but  will  not  pledge  themselves  for  any  specific  arrangement  on  the  subject  of  discounts. 

A  true  extract  from  the  proceedings  of  the  Board  of  Directors  of  the  Office  of  Discount  and  Deposite,  Bank  of 
Virginia,  at  Norfolk,  5th  March,  1811. 

THOMAS  WILLIAMSON,  Cashier. 

No.  4. 

Treasury  Department,  March  8.  1811. 

The  collector  of  Philadelphia  having  communicated  to  me  the  assent  of  the  directors  of  your  institution,  to 
the  propositions  made  by  him  to  you  for  receiving  the  public  deposites,  I  have  now  to  observe,  that,  as  the  treasurer 
can  keep  no  bank  book,  it  is  necessary  that  a  weekly  statement  of  his  account  be  sent  to  him  from  the  bank,  credit- 
ing him  with  all  moneys  received  on  his  account,  (and  specifying  from  whom,  and  generally  on  what  account)  and 
charging  him  with  all  bills  paid.  The  bills  are  to  be  cancelled  and  reiurned  at  the  same  time;  and  a  duplicate  of 
the  same  account  is  to  be  also  weekly  sent  to  the  Secretary  of  the  Treasury. 

From  all  the  banks  with  which  the  public  moneys  will  hereafter  be  deposited,  the  same  statement,  and.  as  hr  as 
practicable,  the  same  accommodations  will  be  expected,  as  have  heretofore  been  received  from  the  Bank  of  the 
United  States. 

A  form  of  the  statement  of  the  situation  of  the  bank,  to  be  sent  monthly  to  the  Secretary  of  the  Treasury,  is  an- 
nexed at  the  foot  of  this  letter;  but  the  general  items  therein  inserted,  are  not  intended  to  exclude  any  greater  num- 
ber of  particulars  which  the  bank  may  be  in  the  habit  of  entering  in  statesnents  of  this  nature.  The  statement  may 
be  put  under  double  cover,  the  inner  one  marked  "  private,"  and  will  be  considered  confidential. 

With  respect  to  accommodations,  I  allude  at  this  time  only  to  the  transmiss'on  of  public  moneys,  which  cannot 
be  conveniently  effected,  unless  some  concert  exists  between  the  banks  with  which  public  deposites  will  be  made  in 
the  several  seaports.  On  that  subject  it  must  be  agreed  by  the  Bank  ot  Pennsylvania,  to  give  credit  to  the  Treasurer 
of  the  United  States,  when  tiie  public  service  may  require  it,  for  the  amount  of  such  drafts  as  he  may  be  directed  to 
draw  in  their  favor  on  the  other  banks  doing  the  public  business  at  the  several  places  where  branches  of  the  Bank  of 
the  United  States  had  been  established.  The  names  of  these  banks,  and  other  details,  will  be  hereafter  given.  But, 
in  order  to  pave  the  way  for  a  permanent  arrangement,  it  is  neces^aiy  to  ascertain  whether  the  Bank  of  Pennsylvania 
can  conveniently  transact  the  public  business  on  that  principle,  and  an  early  answer  on  that  subject  w.ll  be  eligible. 
It  is  proper  to  add,  that  it  will  not  be  expected  that  the  bank  should  thus  take  drafts  on  Norfolk,  Charleston, 
Savannah  and  New  Orleans,  beyond  a  limited  and  very  moderate  annual  amount.  But  it  would  be  an  additional 
inducement  to  make  your  institution  a  permanent  depository  of  the  public  moneys,  if  they  would  also  agree  to  take 
annually,  in  the  same  manner,  a  certain  sum  in  drafts  on  the  banks  of  Chillicothe  and  Kentucky. 

I  have  the  honor  to  be,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Joseph  P.  Norris,  Esq.  President  of  the  Bank  of  Penmylvania. 


1812.] 


PUBLIC    DEPOSITES    IN   BANKS. 


Form  of  statement  of  the  situation  of  the  Bank. 


Bills  and  notes  discounted,        -  -  - 

Specie,  .  -  .  .  . 

Due  from  Bank  of  (stating  each  bank  from  which 

a  balance  is  due)  -  - 

Bank  notes  of  Bank,  (stating  each  bank) 
Real  estate,        -  .  .  .  . 


$165 
60 

a5 

30 
10 


$290 


Capital  paid  in,  -  -  -  - 

Bank  notes  in  circulation. 

Deposite  to  credit  of  Treasurer  of  ('nited  States, 

Do.  <l().  of  ♦ 

Do.  do.  individuals. 

Due  to  Bank  ol",  (stating  each  hank)     - 
Discount  received — sundries, 


519 


Sioo 
.oo 

.?0 

5 

80 

20 

5 

$290 


•  Here  insert  particularly  the  amount  to  the  credit  of  each   public   officer,   (conimissioner  of  loans,  navy   agent,   military- 
agent,  purveyor,  SiC.)  who  may  keep  his  account  at  tlie  bank. 


No.  5. 


Bankov  Pf.nnsvlvania,  March  \?,lh,  1811. 


Sik: 

I  had  the  honor  of  receiving  your  letter  of  the  Sth  instant,  and  of  laying  the  same  before  the  directors  of  this 
institution.  They  have  directed  ine  to  inform  you,  they  accept  the  terms  therein  proposed,  as  per  resolution,  copy 
of  which  is  enclosed. 

As  soon  as  we  are  notified  of  the  banks  transacting  the  public  business,  immediate  measures  will  lie  taken  to 
open  a  coriespondence  witii  them,  in  order  to  facilitate  the  fiscal  arrangements  of  the  Government. 

Our  present  intercourse  with  banks  in  the  St;ites  of  Kentucky  and  Ohio  enable  us  to  comply  with  your  wishes 
in  taking  drafts  on  Kentucky  and  Chillicothe. 

I  have  the  iiorior  to  be.  very  respectfully,  sir,  your  obedient  servant, 

JOSEPH  P.  NORRIS,  P.  H.  P. 

Honorable  Albert  Gallatin,  Secretary  of  the  Treasury. 

A  communication  from  Albert  Gallatin,  Esquire,  Secretary  of  the  Treasury,  addressed  lo  the  President  of  this 
Board,  being  read,  by  which  it  ajjpears  that,  in  order  to  a  permanent  aiiangement  for  transacting  the  public 
business,  and  making  this  institution  the  depository  of  the  public  moneys,  it  is  necessary  to  have  an  assurance 
that  such  accouiniodations  and  facilities,  as  the  public  service  requires,  will  be  afforded,  it  is,  therefore, 

Besolved,  That  the  President  be  requested  to  make  a  respectful  reply  to  the  said  communication,  expressing  the 
disposition  and  willingness  of  this  Board  to  comply  with  the  requisitions  now  made,  and  which  hereafter  ma'j-  be 
made,  by  the  Secretary  of  the  Treasury,  so  far  as  the  same  is  within  the  ability  and  resources  of  the  bank. 

Extiact  from  the  minutes. 

JOSEPH  1'.  NORRIS,  P.  li.  P. 
Ba.nk  of  Pennsvi.vama,  March  I3th,  1811. 


No.  6. 


Treasury  Department,  March  11,  1811. 


The  collector  of  Norfolk  having  communicated  to  me  a  resolution  of  the  Board  of  Directors  of  the  office  of 
discount  ant!  deposite  of  the  Bank  of  Virginia,  at  Norfolk,  of  the  oth  instant,  which  I  understand  to  imply  a  ciuisent 
on  their  part  to  receive  the  public  deposites,  I  beg  leave  to  request,  as  the  treasurer  cannot  keep  a  bank  tx)ok  with 
your  institution,  that  you  will  direct  your  cashier  to  transmit  to  him,  weekly,  a  statement  of  his  account,  crediting 
all  sums  received  (specifying  from  whom,  and  generally  on  what  account)  and  charging  all  bills  paid.  The  bills 
are  to  be  cancelled  and  transmitted  with  the  statement  to  the  treasurer:  and  I  have  also  to  request  that  a  copy  of  the 
statement  may  be.  at  the  same  time,  transmitted  to  tiie  Secretaiy  of  the  Treasury. 
I  have  the  honor  to  be,  sir.  your  obedient  servant, 

ALBERT  GALLATIN. 
The  President  qf  the  Office  of  Discount  and  Deposite  of  the  Bank  of  Virifinia,  at  Norfolk. 


No. 


State  Bank.  Charleston.  S.  C,  ^ipril  5,  1811. 


ir: 

On  the  first  instant  I  had  tlie  lionor  of  acknuu  leilging  the  receipt  of  your  two  letters  of  the   ISsh  and    I9th 
ult..  since   which  I  have  submitted  them  to  the  Board  of  Directors,  who  have  passed  tlie  resolution  I  now  enclose. 

A  desire  and  intention,  expressed  some  years  since,  by  the  principal  stockholders,  lo  establish  a  credit  with  the 
Manhattan  Bank  of  New  York,  and  to  enter  into  mutual  arrangements  so  as  to  give  credit  to  the  post  notes  of  the 
two  banks,  not  meeting  with  the  approbation  of  the  Legislature,  induced  that  body  to  impose  the  last  enacting  clause 
in  the  printed  copy  ol  the  charter  of  our  bank,  which  1  also  herewith  transmit,  restricting  us  from  giving  ci-edit  to 
any  bank  or  banks  established  in  any  of  our  sister  States.  But  the  Board  does  not  see  that,  in  the  arrangements 
which  you  have  slated,  there  would  be  any  violation  of  this  charter,  as  i;  is  not  their  intention  to  open  any  account 
with  either  of  the  Northern  banks,  but  merely  to  take  the  drafts  of  the  Government,  payable  at  sight,  which  the 
bank  must  dispone  of  in  the  best  manner  possible:  and  it  will  be  obvious  to  you.  that  the  (iovernment  must  always 
consider  itself  responsible  for  these  drafts  until  they  shall  be  paid,  even  if  they  are  not  presented  for  some  time 
and  a  failure  of  tiie  Niu'thern  bank  should,  in  the  mean  time,  take  ])lace.  This  being  understood,  it  cannot  be  saiJ 
that  we  give  any  credit  to  a  Northern  bank,  or  that  we  violate  either  the  letter  or  the  spirit  of  our  charter. 

I  also  deem  it  proper  to  state  that  there  is  no  doubt  but  that,  if  the  clause  alluded  to  shall  hereafter  be  found  to 
interfere  with  any  arrangements  which  may  be  necessary  to  the  accommodation  of  the  Government,  or  to  the  bene- 
fit of  the  bank,  it  will,  on  a  representation  to  the  Legislature,  at  its  next  session,  be  repealed,  as  the  State  holds  three- 
eights  of  the  capital  of  the  bank. 

I  remain,  very  respectfully,  sir,  your  obedient  servant, 

FELIX   \VARLKY,/^re4irfe«/. 

TTie  Honorable  the  Secretary  of  the  Treasury  of  I  he  Utiited  States. 


520  FINANCE.  ,  C1812. 


State  Bank,  Charleston,  S.  C,  Jipril  5,  1811. 

Tiic  ciiinmitlce  to  whom  were  i-ei"ei  red  the  letters  of  the  Honorable  Albert  Gallatin,  of  the  13th  and  19th   ultimo, 

respectlully  report: 

That  they  have  taken  the  subject-matter  of  the  said  letters  into  their  consideration,  and  recommend  the  adoption 
of  the  following  resolutions,  viz: 

Resolved.  That  it  is  the  earnest  wish  and  desire  of  the  directors  of  this  bank  to  enter  into  all  such  airangements 
and  accommodations  as  \\ill  meet  the  views  of  the  honorable  the  Secretary  ol  the  Treasury  of  the  United  States, 
and  of  the  Government  thereof,  provided  the  same  do  not  violate,  and  are  not  repugnant  to,  the  charter  of  this 
bank. 

Resolved,  farther.  That  the  Piesident  of  this  bank  do  transmit  a  copy  of  the  aforesaid  resolution,  together  with 
a  printed  copy  of  the  act  of  incorporation,  to  the  honorable  the  Secretary  of  the  Treasury  of  the  United  States. 

By  order  of  the  Board. 

FELIX  WARLEY,  Presidei^t. 

No.  8. 

Treascrv  Department,  .-^pr//  15,  1811. 
Sir: 

I  liad  the  honor  to  receive  your  letter  of  the  5th  instant,  and  regret  that  the  provisions  of  the  charter  of  liie 
State  Banlv  should  preclude  that  institution  from  giving  to  the  treasury  that  accommodation  in  the  transmission  of 
public  moneys  which  may,  at  times,  be  indispensably  necessary.  On  comparing,  however,  the  probable  receipts  at 
Charleston  for  this  year,  with  the  probable  amount  of  demands  against  the  treasury,  payable  at  the  same  place,  I 
think  it  improbable  that  the  exjienditure  should  exceed  the  receipts;  and  as  it  is  only  in  that  case  that  it  would  be- 
come necessary  to  provide  for  the  deficiency  by  giving  to  the  State  Bank  drafts  on  otlier  banks,  it  is  hoped  that  no 
inconvenience  will,  for  the  present,  arise  from  the  provision  in  its  charter  which  forbids  giving  credit  to  banks  in 
other  States.  With  a  view  to  permanent  arrangements  for  the  ensuing  years,  I  would  suggest  the  propriety  of  ob- 
taining from  the  I^egislature  a  modiiication  in  that  provision,  the  object  of  which  I  do  not  understand,  and  which 
would  certainly  impede  the  operations  of  the  bank  in  its  relation  with  the  General  Government. 

In  the  mean  whde,  presuming  that  the  resolution  of  the  Board  is.  in  every  other  respect,  intended  as  an  accept- 
ance of  the  proposals  of  the  treasury,  and  that  the  requested  statements  wdl  be  transmitted,  tlie  collector  will  be 
instructed  to  continue  his  public  deposites  in  the  State  Bank. 

I  have  the  honor  to  be,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Felix  Wari.ev.  E?q.,  President  of  the  Stale  Bank,  Charleston,  South  Carolina. 

No.  9. 

Treasury  Department,  March  28.  1811. 
Sir: 

It  having  been  determined  that  a  portion  of  the  treasury  payments  should  be  made  tin-ough  the  medium  of 
the  Bank  of  ^Vaslungton.  I  have  now  to  state  the  principles  on  which  it  is  expected  this  business  will  be  transacted 
by  the  bank. 

1.  The  bank  to  receive  such  sums  as  may  be  oftered  by  individuals  who  have  payments  to  make  into  the  treasury, 
and  to  pass  the  same  to  the  credit  of  the  Treasurer  of  the  United  States. 

2.  As  the  payments  thus  made  into  the  bank  will  fall  far  short  of  the  payments  that  will  be  required  to  be  made 
by  the  bank,  on  account  of  the  treasury,  the  sums  that  may  be  necessary  to  meet  these  last  payments  will  be  sup- 
plied to  the  bank  by  bills  on  Baltimore,  Philadelphia,  New  York,  and  Boston,  \\hich  bills  will  be  regulated,  as  i'ar 
as  practicable,  by  the  nmtual  convenience  of  the  treasury  in  furnishing  funds,  and  the  bank  in  receiving  them  at 
each  of  those  places. 

3.  The  payments  by  the  bank  will  be  made  on  treasury,  war,  or  navy  warrants,  directed  to  the  bank  by  the 
treasurer,  or  on  drafts  drawn  by  him.  The  payment  is,  of  course,  always  to  be  made  in  specie,  if  required  by  the 
holder  of  the  warrant  or  diaft. 

4.  On  Monday  of  each  week  a  copy  of  the  treasurer's  account  with  the  bank,  for  the  preceding  week,  is  to  be 
sent  to  the  Secretary  of  the  Treasury;  and  if  the  treasurer  shall  find  it  more  convenient  to  receive  a  statement  of 
his  account,  in  that  way,  than  to  keep  a  l>ank  book,  the  bank  will  also  furnish  him  with  a  similar  copy. 

5.  At  the  end  of  every  month,  a  statement  of  the  situation  of  the  bank,  made  out  agreeably  to  the  annexed 
form,  is  to  be  sent  to  the  Secretary  of  the  Treasury.  It  may  be  enclosed  in  a  double  cover,  the  inner  one  marked 
"  private,*'  and  will  be  considered  as  confidential. 

The  above  are  the  most  material  principles  which  regulated  the  connexion  betw  een  the  treasury  and  the  late 
office  of  discount  and  deposite  at  the  seat  of  Government,  and  which  it  is  desirable  should  continue  to  be  maintained 
with  tlie  banks  transacting  tbe  public  business  here.  The  assent  of  your  direction  to  them  will  be  necessary,  ami 
ought  to  be  communicated  to  me  as  early  as  practicable.  I  shall,  in  the  mean  time,  presuming,  from  the  resolution 
of  the  Board,  already  passed  upon  the  subject,  that  their  assent  will  be  given,  direct  the  treasurer,  on  the  first  day 
of  the  ensuing  month,  to  place  in  your  bank  bills  on  Baltimore  and  Philadelphia  for  twenty  thousand  dollars,  to 
form  the  first  deposite  on  which  the  treasury  payments  will  commence. 

I  am,  &c.  ALBERT  GALLATIN. 

Daniel  Carroll,  Esq.,  President  of  the  Bank  of  TJ'ashington. 

No.  10. 

Washington,  t^pnV  3,  1811. 

Sir: 

Your  letter  of  the  28th  ol  March  has  been  before  the  directors  o(  the  Bank  of  'SA  ashington.  They  agree  to 
the  principles  contained  in  that  letter,  relying  always  that  we  shall  be  treated  with  the  same  liberality  extended  to 
neighboring  institutions. 

I  have  the  honor,  &c.  DANIEL  CARROLL,  of  Duddington,  President. 

The  Honorable  Albert  Gallatin. 


Sir: 


No.  11. 

Treasury  Department,  31arch  28,  1811. 


I  have  thought  it  proper  to  state  the  following  as  the  principles  on  which  it  is  expected  that  the  treasury  business 
will  be  conducted  by  the  Bank  of  Columbia,  and  to  request  that  the  same  may  be  submitted  to  tiie  directors,  for  tiieir 
approbation,  which,  when  given,  you  will  please  to  communicate  to  me. 

1st.  The  bank  to  continue  to  receive,  as  heretofore,  such  sums  as  may  be  oftered  by  individuals,  who  have  pay- 
ments to  make  into  the  treasury,  and  to  pass  the  same  to  the  credit  of  the  Treasurer  of  the  United  States. 


1812.]  PUBLIC    DEPOSITES    IN   BANKS.  521 

2d.  The  bank  to  receive  bills,  dnnvn  by  the  treasurer  on  Baltimore.  Pliilailelpliia.  New  York,  or  Boston,  (regu- 
lated by  the  state  ot'the  I'unds,  at  the  command  of  the  treasury  at  eacli  of  those  places,  but  accommodated,  also,  as  tar 
as  practicable,  to  the  convenience  ol  the  i)ank)  lor  .>-Mch  sums  as  may  Ije  necessary  to  suj)ply  the  l)aiik  with  the  means 
ol' meeting  the  payments  ol  the  Irea.suiy.  <)cca>ioiial  dralis  lor  the  collecting  in  ol  the  revenui-  in  N'irginia,  will  be  IVir- 
nished  as  heretofore. 

3i\.  The  payments  of  treasury,  uar,  or  navy  warrants,  directed  by. tie-  tieasurer  to  the  i5ank  of  C^olumbia,  and 
of  drafts  drawn  by  him  o!i  the  bank,  are  to  be  make  in  specie,  wheni'vei-  the  holder  ^hall  rccjuire. 

4th.  On  Monday  of  each  week,  a  co|)y  of  the  treasurer's  account  for  the  preceding  wt-ek,  is  to  bv  sent  to  the 
Secretaiy  of  the  Treasury. 

5th.  At  the  end  of  cveiy  month,  a  statement  of  the  situation  of  the  bank,  made  out  agreeably  to  the  annexed  form, 
is  to  be  sent  to  the  Secretaiy  ol  the  Treasury.  It  may  be  enclose;!  in  a  double  cover,  the  innei-  (uie  marked  'private,' 
antl  v,W\  be  considered  as  c(Jidid<>ntial. 

Gth.  The  dividends  on  the  public  debt,  payable  at  the  treasury,  will  be  paid  through  the  medium  of  the  Bank  of 
Columbia.  The  Register  of  the  Tre:'sury  has  been  directed  to  place  the  abstracts  forihe  (juarter  ending  on  the  31st  in- 
stant, in  the  Baidc  of  Columbia:  and  the  cashier  of  the  lateofficeot  discount  aiul  deiiosite.  at  this  place, \\ill  bedirect- 
ed  to  pay  to  the  cashier  of  the  Hank  of  Columbia,  twenty  thousand  dollar-;,  toenable  him  to  make  these  payments.  Thi' 
abstracts  of  dividends,  un  w  ell  those  returned  unclaimed,  fiom  the  loan  offices,  as  those  for  stock  standing  on  the  trea- 
sury books,  for  past  jieriods,  which  have,  heretofore,  lain  in  the  office  of  discount  and  depositc.  for  payment,  will  be 
placed  in  the  Bank  of  Columbia,  as  soon  as  the  accounts  of  the  cashier  of  the  ('tlice  of  discount  and  (jepo^iie  can  be 
made  out  and  settled  at  the  treasury.  For  all  sums  furnished  to  the  cashier  of  the  Bank  (d' Columbin.  for  th(>  pay- 
ment of  di\idends,  he  will  be  charged  on  the  books  ol  the  treasury,  and  will  render  his  accounts  for  the  payment  a:^ 
such  times,  and  in  such  manner,  as  the  (,'omptroller  of  tlte  Treasury  shall  prescribe.  The  dividends  beingpayable, 
cither  to  the  stockhcdders,  in  person,  or  to  their  attorneys,  and  many  standing  powers  for  this  purpose  being  now 
lodged  in  the  late  oflice  of  discount  and  de|)Osite,  they  have  been  directed  to  be  delivered  up  tiirthe  jiurpose  (d' being 
deposited  in  the  Bank  of  Colutnbia.  But,  as  it  may  happen  that  they  will  not  be  ready  for  ikdiveiy  by  the  liist  thiy  of 
the  ensuing  month,  you  will  direct  your  cashier,  until  the  powers  themselves  are  received,  to  receive  a  certiticate  ol' 
the  existence  and  extent  ofj-uch  ['o\\ers.  from  the  late  office  of  discount  and  deposite,  as  sufficient  authority  on  which 
to  make  the  payments.  !t  is  proper  to  mention,  here,  that  powers  given  to  the  president  and  directors  of  the  B;ink  id" 
the  United  8tate~,  or  their  cashier,  or  any  of  their  officers. /» ///c/r  (i^V/r?/  characfcrs,  ave  considered  as  being  no 
longer  of  any  validity.  If  any  future  question  shall  arise  as  to  the  validity  of  powers,  the  Cotnptroiler  of  the  'I'reti- 
sury  IS  to  be  applied  to  for  a  decision. 

To  avoid  any  coid'usion  in  th.e  accounts  between  the  treasurj  and  the  Bank  of  Columbia,  «liich  might  arise  from 
the  establishment  by  the  bank  ofan  office  of  pay  and  deposite  iii  the  city  of  Washington,  it  is  to  be  un(iei>tood  that 
the  whole  (d'the  treasury  transactions  \vith  the  bank  will  be  conducted  through  the  medium  of  this  establishment,  in 
Washington,  and  that  no  account  with  the  treasurer  is  to  be  ke|)t  at  the  bank  in  Georgetown.  Bills  drauii  by  the 
treasurer,  in  titvcu-  of  the  bank,  will  be  in  the  name  of  their  cashier,  for  which  credit  is  to  be  given  to  him  in  ^^■ashing- 
ton:  and  the  warrants  and  drafts  of  the  treasurer  will  be  all  directed  to,  and  payable  only  in,  Wasliington.  It  will 
follow  that  the  balance  now  to  the  credit  of  the  treasurer,  in  the  Bank  of  Colund)ia,  i?  to  stand,  on  the  first  of  April, 
to  his  credit  in  Washington,  his  account  in  the  bank  at  Georgetown  being  closed  from  that  time. 

I  am.  ice. 


John  Mason,  Esqr.  Presidcnl  of  the  Bank  of  Columbia. 

No.  12. 


ALBERT  GALLATIN. 


8ir: 
been  s 


Bank  of  Q ohvyiwi \.  April  5,  1811. 

The  letter  you  did  me  the  Iionor  to  address  me  on  the  2S!th  idt.,  on  the  subject  of  the  treasury  deposites,  has 
uccii  submitted  to  the  first  board  of  directors  conveiicd,  after  it  came  to  my  hands. 

I  am  instructed,  sir,  to  transinitto  you  the  enclosed  resolution,  and  to  assure  you  of  the  readiness  with  which  this  in- 
stitution will,  at  all  times,  do  whate\er  may  on  it  depend,  to  facilitate  theadnnnistrationof  the  funds  of  the  Govern- 
inent,  and  to  prove  to  you  that  the  confidence  you  have  been  pleased  to  place  in  it  has  not  been  abused. 

With  very  great  respect,  I  have  the  honor  to  be. 

Sir,  your  most  obedient  and  humble  servant, 

JOHN  MASON,  Presidcnl. 
The  Hon.  Albert  G.\i. latin".  Secretary  of  the  Treasury. 

Bank  of  Columbia. 

At  a  Board  of  Directors,  held  on  Thursday,  the  4th  of  April,  a  letter  from  the  honorable  the  Secretary  of  the  Trea- 
sury, dated  the  28th  of  March,  and  addressed  to  the  President  of  this  institution,  stating  the  principles  oii  which  it  was 
expected  that  the  treasury  business  will  be  conducted,  by  the  Bank  of  Columbia,  was  laid  betiire  the  Board,  and  the 
same  having  been  read  and  considered. 

Resolved,  That  all  and  every  of  the  terms  and  conditiotis  prescribed  by  tlie  Secretary  of  the  Treasuiy,  in  the 
aforesaid  letter,  be  fully  accepted:  and  that  the  president  and  cashier  take  the  requisite  measures  to  comply  with  the 
same,  and  to  carry  into  execution  tiie  wishes  of  the  Secretary  in  relation  thereto. 

Test,  WILLIAM  WHANN,  Cashier. 


Treasury  Department,  Jiarch  28,  1811. 


No.  13. 

Sir: 

It  is  proper  to  inform  you,  that,  from  the  end  of  the  present  month,  the  late  office  of  discount  and  deposite  in 
this  city  will  cease  to  be  einployed  as  the  medium  of  the  treasury  payments  and  receipts  at  the  seat  of  Government. 
Commencing  on  the  first  of  April,  the  Bank  of  Washington  and  the  Bank  of  Columbia  w  ill  be  employeil  f()r  that  pur- 
pose, and  the  arrangement  in  relation  to  them,  so  far  as  relate?  to  your  office,  is  as  follows: 

Persons  who  have  moneys  to  pay  into  the  treasury,  in  this  place,  may  pay  into  either  batik,  at  their  option.  You 
■will  continue,  as  heretofore,  to  give  your  check  on  the  back  of  each  warrant,  and  will  direct  it  as  the  holder  shall 
choose,  to  the  Bank  of  Washington,  or  the  Bank  of  Columbia.  As  the  Bank  of  Columbia  have  established  an  office  of 
pay  and  deposite  in  the  city  of  Washington,  through  which  all  the  treasury  business  with  that  bank  will  pass,  and 
where  your  account  will  be  kept,  you  will  direct  your  checks  to  the  ''Bank  of  Columbia  in  Washington.""  They 
will  not  be  payable  in  Georgetown. 

As  the  new  mode  of  keeping  the  accounts  of  your  office,  which  w  ill  be  put  in  operation  on  the  1st  day  of  April  next, 
will  supersede  the  necessity  of  th.at  distinction  which  has  heretofore  been  made  in  the  payment  of  treasury  w  arrants, 
and  those  from  the  AVar  and  Navy  Departments,  and  as  the  use  of  checks,  as  distinguished  from  bills,  will  no  longer 
be  necessary,  you  will  be  pleased,  commencing  on  that  day,  to  discontinue  their  use.  All  your  payments  will  then 
be  made,  either  by  bills  registered  in  the  Register's  office,  where  the  payments  are  to  be  made  at  distant  places,  or  hy 
sending  the  warrants  themselves,  tor  such  payments  as  are  to  be  made  here,  with  your  direction  on  the  back,  to  the 
Bank  of  Washington,  or  Bank  of  Columbia. 


522  FINANCE.  [1812. 

Treasury  warrants,  which  are  to  be  paid  by  bill,  will  contain  the  direction  on  the  face  of  the  warrant,  and  all 
such  warrants  will  be  tlirecfed  to  be  sent  in  to  you  immediately,  from  the  Register's  office.  War  and  Navy  warrants, 
which  are  to  be  paid  by  bill,  are  to  be  sent  up  to  my  office,  and  the  direction  will  be  given  on  the  warrant  itself. 

I  am,  &c. 

ALBERT  GALLATIN. 

The  Treasurer  of  the  United  Stales. 

No.  14. 

Treasury  Department,  March  5,  1811. 
Sir: 

The  Treasurer  of  the  United  States  has  been  this  day  directed  to  draw  bills  in  your  favor,  on  the 
Maine  Bank,  for  -------  -  $50,000 

Saco  Bank,  for  -------  -  25,000 

$75,000 


By  an  arrangement  with  those  banks,  they  are  bound  to  place  the  amount  of  bills,  drawn  as  above,  in  Boston, 
within  sixty  days  from  the  time  when  they  are  presented  for  payment.  You  are  therefore  requested  to  accept  a 
compliance  with  those  terms,  as  good  payment  of  these  bills,  or  of  any  similar  bills  which  may  hereafter  be  placed 
in  your  institution.  But,  in  the  mean  time,  it  is  necessary  that  the  amount  shoukl  appear  in  your  account  with  the 
treasurer,  to  his  credit,  from  the  time  when  you  receive  the  bills  from  him.  Care  will  always  be  taken,  that  his 
drafts  shall  be  so  regulated,  that  no  actual  advance  of  funds  by  the  Union  Bank  shall  take  place. 

1  am,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
George  Burroughs,  Esqr.  Cashier  of  the  Union  Bank,  Boston. 

No.  15. 

Treasury  Department,  3/«rf A  5,  1811. 
Sir: 

The  Treasuier  has  been,  (his  day,  directed  to  draw  bills  in  favor  of  your  institution,  as  follows,  viz: 

On  the  collector  of  New  Haven,  for            --------  $50,000 

Do.                      New  liondon,  ---------  G,000 

Do.                      Fairfield,           ---------  4,000 

Do.                     Bristol,  Rhode  Island,              -.-.---  35,000 

Roger  Williams  Bank,  Providence,  for     -------            -  15,000 

Newport  bank,          -----.-...-.  30,000 

•  $170,000 


By  an  agreement  with  the  two  abovementioned  banks,  they  are  to  place  the  amount  of  the  bills  drawn  on  them 
in  your  hands,  within  sixty  days  after  the  bills  are  presented. 

The  banks  in  New  Haven  and  New  London  make  remittances  for  the  collectors  in  the  ^ame  way,  viz:  in  sixty 
days. 

Drafts  on  the  collector  of  Bristol  have  been  usually  negotiated  through  the  banks  in  Providence,  and  it  is  desira- 
ble that  the  present  bill  should  take  tlie  same  course,  as  a  draft  of  specie  might  produce  pressure  and  inconvenience. 

.\s  it  is  some  time  since  similar  drafts  were  furnished  to  your  institution,  I  have  thought  it  necessary  to  remind 
you  of  the  mode  in  which  their  payment  will  be  effected. 

I  am,  respectfully,  sir,  your  obedient  servant, 

'    ALBERT  GALLATIN. 

Henry  Remsen,  Esq.  President  Manhattan  Company,  New  York. 

No.  16. 

Treasury  Department,  May  2,  1811. 
Sir: 

For  the  pui-pose  of  bringing  into  the  service  of  the  treasury  the  public  moneys  collected  at  several  of  the  small 

f»orts  in  Virginia  and  North  Carolina,  near  Norfolk,  bills  have  heretofore  been  drawn  by  the  treasurer  upon  the  col- 
ectors  of  those  ports,  and  sent  to  the  cashier  of  the  Office  of  Discount  and  Deposite  ol  the  United  »States' Bank  at 
Norldlk.  tor  sale.  A  credit  has  been  authorized,  and  they  have  usually  been  disposed  of  without  delay.  Notes,  at 
the  terms  of  credit  allmve'l,  are  taken  from  the  purciiasers,  with  endorsers,  to  make  them  perfectly  safe. 

It  is  desirable  that  the  same  facilities  should  be  afforded  by  the  bank  nosv  transacting  llie  public  business  at  Nor- 
folk: and  I  will  thank  you  toinfoiin  me  whetjier  the  ireasiiiy  will  receive  them  iiom  your  institution. 

it  is  proper  to  mention,  that,  although  the  bank  is  not  actually  in  cash  for  these  bills,  till  the  notes  given  for  their 
purchase  are  paid,  yet,  to  accommodate  the  tieasury  accounts,  it  is  necessary  that  the  treasurer  should  be  credited 
for  them  as  soon  as  they  are  received.  But  care  will  always  be  taken  so  to  regulate  the  drafts  of  the  treasurer  on 
tlie  bank,  that  no  payment  by  the  bank,  on  account  of  the  bills  on  cuileclors,  which  they  may  have  thus  received, 
will  ever  be  required  till  the  in(mey  has  been  actually  received  \>y  the  bank  for  them.  A  note  of  a  single  line,  at 
the  fo;)t  of  tile  treasurer's  weekly  account,  stating  the  amount,  either  of  bills  on  hand,  unsold,  or  of  notes  for  bills 
remaining  unpaid,  will  always  afford  tiie  necessary  indication  upon  this  i)oint,  and  will  be  duly  attended  to. 

in  disposing  of  the  bills,  it  is  expected  that  the  bank  will  exercise  a  sound  discretion  as  to  the  makers  and  en- 
dorsers of  the  notes  taken  in  paymefit  for  them,  but  the  United  States  will  remain  responsible  for  any  ultimate  loss. 

The  notes  are  not  to  be  renewed  alter  the  credit  first  given  has  expired.  If  they  are  not  then  paid,  the  amount 
will  be  refunded  to  the  bank,  and  the  United  States  will  pursue  the  necessaiy  measures  for  recovering  the  sum  due 
from  the  makers  and  endorsers  of  the  notes. 

The  ports  on  which  the  treasurer  will  occasionally  draw,  in  pursuance  of  this  arrangement,  will  be  Folly  Land- 
ing, Cherry  Stone,  and  East  River,  in  Virginia:  Camden,  Edenton.  Plj mouth,  Washington,  and  Newbern.  North 
(Carolina.  The  terms  of  credit  heretofore  allowi'd,  have  been,  for  bills  on  East  River.  Camden,  and  Eilenton,  sixty 
<lays,  and  lor  the  others,  ninety  days. 

I  have  tlie  honor  to  be,  sir,  vour  obedient  ser^ani, 

ALBERT  GALLATIN. 

Richard  E.  Lk.e.  Esq. 

Presidcni  of  the  Office  qf  Diacount  and  Defositc  iffhr  Bank  of  f'irginia,  .\orfulk. 


1812.]  INCREASE   OF  REVENUE. 


523 


No.  17. 

■^  Treasury  Department,  Jlitgust  2,  1811. 

Sin: 

I  have  directed  the  Treasurer  to  draw  a  bill,  in  favor  of"  your  cashier,  on  the  collector  of  Savannah,  for  twenty- 
five  tnousand  dollars,  for  which  you  will  obtain  payment,  either  by  sending  to  Savannah  lor  the  amount,  or  in  any 
other  mode  that  shall  be  most  convenient  to  your  institution.  As  this  accommodation,  in  relation  to  the  revenue 
collected  at  Savannah,  is  the  only  one,  in  relation  to  the  transmission  ot  public  moneys,  demanded  by  the  treasury 
from  the  State  Bank,  1  shall  expect  it  to  be  continued;  and  that  the  bank  will,  from  time  to  time,  as  tlie  public  mo- 
neys accumulate  at  Savannah,  and  as  it  may  become  necessary  to  draw  (or  ihein  in  their  favor,  take  the  necessaiy 
measures,  at  their  own  expense,  ot  obamin^  the  payment  of  such  drafts  from  thence. 

I  am,   respectfully,  sir,  your  obedient  servant, 

p         w  i^        D      -^    .    r.,     .,        o     ,    .„     ,  ALBERT  GALLATIN. 

rELix  Warley,  Esq.  President  of  the  State  Bank,  Charleston. 


18thC0KGRES5.]  No.    363.  [IstSESSIOl*. 


Sir: 


INCREASE   OF   REVENUE. 

COMMUNICATED  TO  THE  HOUSE  OF  RKPRESENTATIVKS,  JANUARY  20,  1S12. 

Committee  Room,  December  0th,  1811. 


In  your  annual  report,  prepared  in  obedience  to  the  act  supplementary  to  the  act,  entitled  "An  act  to  esta- 
blish the  Treasury  Department,"  and  transmitted  to  the  House  ol  Representatives  on  the  22d  nltimii,  it  is  stated 
1st.  That,  to  place  the  fiiiancial  system  of  the  United  States  on  a  solid  foundation,  it  requires  the  aid  of  a  reve- 
nue, sufficient,  at  least,  to  defray  the  ordinary  expen^es  of   Government,  and  to  pay  the  interest  on  the  public  debt 
including  that  on  new  loans   which  may  be  auilimized. 

That  the  expenses  of  the  year  1812,  calculated  on  the  existing  state  of  affairs,  and  including  the  interest  on  the 
public  debt,  will  amount  to  -  -  -  -  -  -  -  -     $!), 400,000  01) 

That  the  whole  amount  of  actual  receipts  into  the  treasury,  during  the  year  1812,  may  be  estimated  at  -       8,200,000  00 


/ 


Leaving  a  deficiency  [which  it  is  proposed  to  supply  by  authorizing  a  loan]  of    -  -  -        1,200,000  00 

And  that  an  authority  to  borrow  a  sum,  equal  to  that  which   will  ne  reimbursed  of  the  principal  of 

the  pubhc  debt,  during  tfiat  year,  will  be  necessary,  amounting  to  not  less  than  -  -       2.135,318  41 

Making  the  whole  sum,  which  it  is  proposed  should  be  provided  for  by  loan,  for  that  year,  -    $!3,3.'>j.3ia  41 

Under  this  view  of  the  subject,  the  Committee  of  Ways  and  Means  have  instructed  me  to  inquire  of  you,  whether, 
according  to  the  principle  first  above  stated,  it  does  not  bicome  necessary  to  provide  "a  fixed  revenue,"  to  be  re- 
ceived during  the  year  1812,  equal  as  well  to  the  estimatetl  expenses  of  that  ye.ir,  and  aiiiouiiiing.  as  above  stated,  to 
9,400,000  dollars,  as  also  to  the  interest  which  will  arise  on  the  proposed  loan  of  1,200,000  d(,ilars;  or,  otherwise, 
whether  it  is  proposed  to  provide  for  the  payment  of  such  interest  out  of  the  money  iii  the  treasury  at  the  com- 
mencement of  that  year,  or  from  any  otiier  source? 

2(1.  It  is  slated  in  your  report,  "thatafi;ied  revenueof  about  nine  millions  of  dollars  is  necessary,  under  the  exist- 
ing circumstances  of  theL'nited  States:  and  that  the  same  amount  wou.d  be  necessary,  and,  with  the  aid  of  loans,  will, 
in  your  opinion,  be  suificient,  in  case  of  war." 

In  reference  to  this  state  ot  th  ngr,  the  Committee  wish  you  to  state,  whether,  as,  in  the  event  of  wai',  increased 
loans  will  undoubtedly  be  required,  it  will  not  be  necessary  to  provide  an  additional  and  gradually  ineieasing  reve- 
nue, to  pay  the  interest  on  such  loans.? 

3d.  It  is  stated  in  your  report,  "'Ihit  the  permanent  revenue,  or  annual  receipts,  after  the  year  1812,  (calculated 
on  the  existing  state  of  affairs)  together  with  an  addition  of  .'>0  per  cent,  on  the  present  amount  of  duies,  may  be 
estimated  at  nine  millions  of  dollars;  and  that,  should  any  deficiency  aiise,  in  the  event  of  war,  it  may  be  supplied, 
without  difficulty,  by  a  further  increase  of  duties,  by  arestoraiion  ol  that  on  salt,  and  by  a  proper  selection  of  mode- 
rate internal  taxes." 

The  Committee  request  that  you  would  favor  thcin  widi  theb2Si  opinion  wh'ch  you  are  able  to  form  (calculated  on 
the  event  of  war)  of  the  probable  amount  of  the  receipts  from  duties;  a  specilicaiion  of  the  increase  of  duties  winch  you 
would  think  practicable  and  advisable;  an  estimate  of  the  amount  of  iliat  on  salt;  and  such  a  selection  of  moderate 
internal  taxes  as  you  would  recommend,  with  the  probable  expense  of  collection,  and  the  amount  of  iiett  revenue 
estimated  to  arise  therefrom. 

4th.  The  Committee  request  that  you  woild  furnish  them,  in  c  innexion  witli  yi)ur  replies  to  the  preceding  inquiries, 
with  an  estimate  of  ways  and  means,  (calculated  on  the  event  of  war)  which  will  provide  a  revenue  sufiic.ent  to 
meet  the  ordinary  expenses  of  Government,  and  provide  for  the  legal  reimbursement  and  interest  of  the  public  debt, 
including  the  interest  on  new  loans,  to  the  amount  at  least  often  millions  of  dollars  per  annum,  accompanied  with 
such  a  scheme  for  the  reimbursement  of  the  principal  of  the  new  loans  as  you  >hould  deem  expedient,  to- 
gether with  such  op.nions  as  you  may  have  formed  respecting  the  terms  oil  which  such  loans  may  probably  be  obtained; 
als;),  such  further  views  or  information,  connected  with  or  touching  the  foreg.iing  objects  of  inquiry,  as  you  may  deem 
necessary  and  expedient. 

With  great  respect,  I  have  the  honor  to  be,  your  obedient  servant, 

E.  BACON. 

Honorable  .\li)ekt  Gallatin,  Secretary  of  the  7'reasitry. 

Treasury  T  epartmbnt,  yant/ffri/  10//t,  1812. 

Sir: 

In  answer  to  the  first  inquiry  of  the  Committee  of  Ways  and  Mean?,  ie!a  ive  to  the  inteiest  arisin»  <  n  the 
proposed  loan  of  1,200,000  dollars,  necessary  to  supply  the  defciency  in  die  rece  p  s  of  the  year  1812,  I  begleav;  to 
observe  that  that  item  was  not  included  amongst  the  expenses  of  that  year,  because,  the  es:imate  being  made  .vit!\ 
reference  totlie  expenses  alone  which  had  previously  been  authorized  by  law,  and  a  considerable  proportion  of  tliose 


r.24  FINANCE.  ■'  [181-2. 

on  account  of  llie  public  debt  falling  on  the  last  day  of  the  year,  it  would  not  have  been  necessary,  in  that  view  of  the 
subject,  to  borrow  that  sum  previous  to  that  day,  and  the  interest  would  not,  therefore,  have  become  a  charge  till  the 
year  1813. 

Witli  respect  to  the  second  inquiry  of  the  Committee,  it  was  certainly  contemplated,  in  conformity  with  the  re- 
commendation ol  the  President,  whose  expressions  were  adopted  in  the  report,  "to  raise  a  revenue  sufficient,  at  least, 
to  defray  the  ordinary  expenses  of  Government,  anil  to  pay  the  interest  on  the  public  debt,  including  that  on  new 
li!a))s  which  may  be  authorized."'  The  sum  of  about  nin?  mdlions  of  dollars  was  assuinvd  as  ansv.'ering  thatdescrip- 
lion  for  the  present,  and  the  expression  of  "  fixed  revenue,"  wiiich  had  been  used  in  rel'erente  to  existing  circumstan- 
ce:-, was  inadvertently  applied  to  the  case  of  war.  It  \vill  undoubtedly  be  proper,  as  remarked  by  the  Committee,  to 
provide,  annually,  an  additional  and  gradually  increasing  revenue,  sufficient  to  pay  the  interest  on  the  loans  required 
in  the  event  of  \var.  If,  theiefore,  the  loan  for  the  present  year  will,  according  to  the  suggestion  of  the  Committee, 
amount  to  ten  millions  of  dollars,  the  receipts  into  the  Tieasury,  to  be  provided  for  the  year  1813,  shouUl,  on  those 
flat.'i, amount  to  about  9,000,000  dollars. 

The  Connnitteeask,  ill  the  next  place,  the  best(;pinion  which  I  am  able  tofirm  of  tiieprobableamount  of  receipts 
from  duties  on  merchandise,  in  the  e\ent  of  war. 

As  that  amount  will  depend  o!i  the  extent  of  the  commerce  between  the  United  States  and  nations  at  peace  with 
them,  and  i;n  the  numbers  of  the  captures  respectively  made  by  our  ov/n  pri\  ateois,  and  by  the  enemy,  it  is  a  matter  of 
conjecture,  and  imt  a  subject  of  calculation:  for  which  reason  it  was  stated  in  the  report,  that  that  amount  could  not  at 
present  be  (leteiinined.  Considering  the  rigorous  restrictions  laiil  by  France  on  the  commerce  of  the  Ciiited  States, 
with  her  oun  dominions  and  other  countries  under  her  iiiHuence.  the  dangers  to  which  our  commerce  with  the  Bal- 
tic and  with  China  will  be  exposed,  the  relations  ot  England  with  Portugal  ami  with  SjKiiii,  and  also  that  no  incon- 
siderable part  of  the  captures  made  by  our  privateers  will  be  sent  into  loreign  ports,  a  great  defalcation  in  the  re- 
ceipts on  duties  on  imported  merchanilise  must  be  expected.  The  amuunt,  under  existing  laws  and  circumstances, 
has,  t'rom  correct  data,  been  stated  in  the  annual  report  at  six  millions  of  dollars.  It  would,  in  my  opinion,  be  iin- 
saic,  in  an  estimate  of  ways  and  means,  intended  to  be  relieil  on  with  certainty,  to  calculate,  in  the  event  of  a  war, 
on  more  than  2,500,000  dollars,  at  the  present  rate  of  duties. 

To  the  next  inquiry  of  the  ('ommittee,  respecting  the  increase  of  those  duties  wliich  is  thought  piacticable  and 
advisable,  it  is  answered,  witliout  hesitation,  that  the  rate  of  duties  may,  in  the  event  of  war,  be  doubled,  without 
daiigei-  or  inconvenience.  Tliere  will,  in  such  an  event,  be  less  danger  of  smuggling,  at  that  rate,  than  there  is  now, 
^vitll  the  existing  dutie.-;-  With  that  increase,  theduties  will  still  be  much  less,  on  an  average,  than  those  paid  on  im- 
portations ill  England,  France,  and  most  other  countries.  And  they  will  be  collected  with  mure  ease  to  Govern- 
ment, and  less  inconvenience  to  the  People,  than  could  be  devised,  to  the  same  amount,  in  any  other  manner. 

A  duty  on  imported  salt  might  now  be  calculated  on  at  least  3,500,000  bushels;  but.  in  time  of  war,  cannot  be 
estimat;<i  on  more  than  two  millions  of  bushels,  producing,  at  the  rate  of  20  cents  per  bushel,  400,000  dollars. 

The  duties  on  tonnage  and  imported  meichandise,  iiicUuling  the  former  duty  on  salt,  and  doubling  the  rate  of  all 
the  others,  woukl.  acc(a  (ling  to  that  estimate,  amount  to  -  -  -  .  .         $5,100,000 

To  which  adding  the  proceeds  of  tlie  sales  of  public  lands,  estimated,  as  by  the  annua!  report,  at  -  600,000 


Makes  an  aggregate  of  .--.._  6,000,000 

And  leaves  a  deficiency  of    ------  3,600,000 

In  order  to  complete  tile  ne// revenue,  wanted  for  the  service  of  1813,  of  -  -  -  $9,600,000 

On  the  basis  of  annual  loans  (if  (en  millions  of  dollars,  during  the  continuance  of  the  war,  (which  is  the  sum 
assumed  by  the  C(mimitlee.  and  which,  considering  the  expenses  already  voted  by  C;ingress.  is  not  more  than  will 
be  wanted)  and  estimating  a;  the  lowest  rate  the  interest  on  the  loan  of  1813,  the  deficiency  b;'  1814,  to  be  provided 
for  by  other  resources,  will  amount  to  4,200,000  dollars.  The  expenses  of  assessment  and  collection,  and  incidental 
losses,  on  the  internal  taxes,  from  the  proceeds  of  w  hicli  this  deficiency  must  be  supplied,  may  be  estimated  at  15  per 
cent,  in  order  to  produce  a  nctt  revenue  of  4,200,000  dollars,  the  gross  amount  of  taxes  must  therefore  be  near  five 
miifmns  ol'  dollars.  As  the  taxes,  which  may  be  organi/.ed  during  the  present  session  of  Congress,  will  not  become 
due  till  the  ensuing  year,  and  as  it  is  sufficiently  ascertained,  from  uni\ersal  experience,  that  taxes  will  not  produce 
(heir  full  nominal  anmunt  the  first  year  they  are  in  operation,  it  may  he  relied  on  that  a  gross  amount  of  five  mil- 
lions, intended  to  produce  a  nett  revenue  of  4,200,000  dollars,  will  liot  yield  that  sum  till  the  year  1814,  nor  pro- 
duce, in  1813,  imue  than  the  recjuired  sum  of  3,600,000  doliais.  Five  millions  of  dollais  will,  therefore,  be  assumed 
as  the  gross  ainouiit  of  taxes  (inchuliiig  the  expenses  of  assessment  and  collet  tifui,  and  the  incidental  losses)  ne- 
cessaiy  to  be  raised  at  this  time.  That  sum  is  calculated  to  cover  the  interest  on  the  loans  of  ten  millions  a  year, 
wanted  for  the  service  of  the  years  1812  and  1613,  leaving  the  selection  of  the  additional  taxes,  which  may  there- 
jiffer  be  necessary  to  provide  for  the  interest  of  subsequent"  loans,  to  be  made  according  to  the  experience  which 
will  be  afiorded  by  those  two  years. 

Before  I  proceed  to  answer  the  inquiry  oi'  tlie  committee,  respecting  a  selection  of  the  internal  taxes  now  iieces- 
?aiy,  permit  nu;  to  observe,  that  it  was  slated  in  the  annual  report  of  December  10,  1808,  that  "  no  iniein;;!  taxes, 
either  direct  or  indirect,  were  contemplated,  even  in  the  case  of  hostilities  carried  against  the  two  great  belligerent 
Powers"' — an  assertion    which  renders  it  necessary  to  show  that  the  prospect  then  lield  nut  was  not   deceptive,  and 


proposed  increase,  have  had,  at  this  time,  about  tv.eniy  millions  of  dollar,^  en  hand — a  sum 
than  tlie  nett  amount  of  (he  proposed  internal  taxes  for  four  years. 

In  proportion  as  the  ability  to  borrow  is  diminished,  the  necessity  of  resorting  to  taxation  is  increased.  It 
is\  therefore,  also  pr.iper  to  observe,  (hat,  at  thai  time,  the  subject  of  the  rene\ial  ol  the  charter  of  the  Bank  of  the 
United  States  had  been  referreil  by  the  Senate  to  the  Secretaiy  of  the  Treasury;  nor  had  any  symptom  appeared, 
from  wiiali  it.-  absolute  d;ss((lution,  without  any  substitute,  could  have  then  been  anticipated.  The  renewal,  in  some 
shape,  and  on  a  more  extensive  scale,  was  confidently  relied  on:  and,  accordingly,  in  the  report  made  during  the 
same  session,  to  die  Sellat(^  the  propriety  of  increasing  the  capital  o!  the  bank  to  thirty  millirms  of  dollars,  was  sub- 
mitted, with  the  condition  that  thai  institution  should,  if  required,  be  obliged  to  lend  one  half  of  its  capital  to  the 
United  StaU-s.  The  amount  thus  loaned  might,  without  any  inconvenience,  have  been  increased  to  twenty  mil- 
Imus.  And  with  twenty  millions  of  dollars  in  band,  and  loans  being  secuzed  for  twenty  millions  mine,  without  any 
increase  of  the  stock  of  the  public  debt  at  market,  internal  taxation  would  have  been  unnecessary  for  at  least  four 
years  of  war,  nor  any  other  resource  been  uanted,  than  an  additional  annual  loan  of  five  millions — a  sum  sufficiently 
moderate  to  be  obtained  Irom  individuals,  and  on  favorable  terms. 

'I'hese  observatiiuis  are  made  oniy  in  ivterence  lo  the  finances  and  resources  of  the  General  Government.  Con- 
siderations of  a  different  nature  have,  on  both  these  subjects,  produced  a  diffi'ient  result,  which  makes  a  resort  to 
internal  taxes,  now,  necessny.  and  will  render  loans  more  difficult  to  obtain,  and  their  terms  less  favorable.  But 
the  resources  of  the  country  remaiii  the  samejand,  if  promptly  and  eainestlybrought  into  action,  will  be  found  amply 
sufficient  to  meet  the  pieseiu  cnieigency.  Wnh  lespec;  to  internal  taxes,  die  whole  amount  to  be  raised  is  so  moderate 
when  compared  eitherwith  the  poi)u*'  '        '  '     ''  '     "^    '    '"  '    ■    ■       '         '  ••       ■' 


1812.]  INCREASE    OF   REVENUE.  525 

petual  and  increasing  public  debt,  nor  a  permanent  system  of  ever  progressing  taxation  shall  be  entailed  on  the 
nation.  These  evils  cannot,  however,  be  othei-wise  avoided,  than  by  the  speedy  organization  of  a  certain  revenue. 
Delays  in  that  respect,  and  a  reliance  on  indeliiiire  loans,  to  defray  the  war  expenditure,  tiie  ordinaty  expenses  of 
Government,  and  the  interest  on  the  loans  theniseUes,  would  be  equally  unsafe  and  ruinous — would,  in  a  short  time, 
injure  public  credit,  impair  the  national  resouices,  and  ultimately  render  much  heavier  and  perpetual  taxes  abso- 
lutely necessary. 

Of  the  gross  amount  of  five  millions  of  dollars  to  be  now  provided,  according  to  the  preceding  estimates,  by  interr.al 
taxation,  it  is  respectfully  proposed  that  three  millions  should  be  rai^ed  by  a  direct  tax,  and  two  millions  by  indi- 
rect taxes. 

The  sum  of  three  millions  will  not,  considering  the  increase  of  population,  be  a  much  greater  direct  tax  than 
that  of  two  millions,  voted  in  the  year  1798.     To  this,  permit  me  to  add  another  view  of  the  subject. 

The  direct  taxes,  laid  by  the  several  States  during  the  la-^t  years  of  the  Revolutionary  war.  were  generally  more 
heavy  than  could  be  paid  with  convenience.  Rut,  iluring  the  years'  1785  to  178;i,  an  annual  direct  tax  of  more 
than  200.000  dollars  ($'205,189)  was  raised  in  Peinisylvania,  which  was  [not  oppressive,  and  was  paid  with  great 
punctuality.  The  increase  of  population  of  that  State,  between  the  years  1787  and  181-2,  is,  in  the  ratio  of  about 
four  to  nine.  A  tax  of  450,000  dollars,  payable  in  the  year  1813,  is  not  higher,  in  [)roportion  to  population,  alone,  and 
without  regard  even  to  the  still  greater  increase  of  wealth,  and  of  circulating  r.iedium,  than  a  tax  of  '200,000  dol- 
lars was  in  the  year  1787.  But  the  quota  of  Pennsylvania,  on  a  tax  of  three  millions  of  dollars,  will  (counting 
Orleans  as  a  State)  hardly  exceed  .305,000  dollars.  The  proposed  tix  will,  therefore,  so  far  as  relates  t(/  Pennsyl- 
vania, be  near  twenty  per  cent,  lighter,  in  proportion  to  the  respective  population,  than  that  paid  during  the  years 
1785  to  1789. 

The  rule  of  apportionment,  prescribed  by  the  constitution,  operates  with  perha[)s  as  much  equality  as  is  practi- 
cable, in  relation  to  States  not  materially  dittering  in  wealth  and  situation.  It  may.  therefore,  be  inferred,  that  a 
direct  tax,  which  is  not  greater  than  Pennsylvania  can  pay  with  ficility,  will  not  press  heavily  upon  any  of  the  other 
Atlantic  States.  It  is  only  in  reference  to  the  Westein  States  that  the  constitutional  rule  of  apportionment,  accord- 
ing to  the  respective  number  of  inhal)itants  in  each  State,  may  be  supposed  to  be  unequal.  Being  at  a  greater  dis- 
tance from  a  market,  and  having,  on  account  of  the  recent  date  of  their  setlements,  less  accumulated  capital,  it  is 
certainly  true  that  they  cannot,  in  proportion  to  their  population,  pay  as  much,  or-  with  the  same  facility,  as  the 
Atlantic  States.  Two  considerations  will,  however,  much  diminish  the  weight,  if  they  do  n;)t  altogether  obviate  that 
objection. 

1.  Of  the  articles  actually  consumed  in  the  Western  States,  there  are  two  of  general  consumption,  on  which 
duties  are  laid,  or  proposed  to  be  laid,  and  on  which,  being  articles  produced  in  those  States,  they  will  pay  nothing, 
or  less  than  the  Atlantic  States.  On  salt  they  will  pay  nothing,  as  the  whole  quantity  consumed  there  is  of  domes- 
tic origin;  and  this  observation  affords  an  argument  in  tavor  of  the  restoration  of  the  duty  on  that  article,  since  it 
will  tend  to  equalize  the  operation  of  the  ilirect  tax.  A  considerable  part  of  the  sugar  those  States  consume  (nearly 
seven  millions  of  pounds)  is  also  the  pioduce  of  the  maple,  and  pays  no  duty.  And,  in  time  of  war,  it  is  probable 
that  the  residue  of  their  consumption  will,  in  a  great  degree,  consist  of  New  Orleans  sugar:  also  duty  free. 

'2.  A  considerable  portion  of  the  direct  taxes,  in  those  States,  is  laid  on  lands  owned  by  persons  residing  in  other 
States,  and  will  not  fall  on  the  inhabitants.  It  appears,  by  a  late  official  statement,  that  more  than  two-thirds  of 
the  land  tax  of  the  State  of  Ohio  are  raised  on  lands  owned  by  non-residents.  The  portion  of  the  quota  of  that 
State  on  the  United  States'  direct  tax.  which  w ill  be  payable  by  its  inhabitants,  will,  for  that  reason  alone,  be  re- 
duced to  one-third  part  of  the  nominal  amount  of  such  quota.  And,  although  the  proportion  may  not  be  the  same 
in  the  other  Western  States,  it  is  well  known  that  a  similar  result,  though  not  perhaps  to  the  same  extent,  will 
take  place  in  all. 

From  every  view  which  has  been  taken  of  the  subject,  it  satisfactorily  appears  that  the  proposed  amount  of  three 
millions  is  moderate,  and  cannot  be  productive  of  any  real  inconvenience,  provided  that  the  objects  on  wiiich  the 
tax  shall  be  assessed  be  properly  selected. 

A  direct  tax  may  be  assessed  either  on  the  whole  amount  of  the  property  or  income  of  the  People,  or  on  certain 
specific  objects  selected  for  that  purpose.  The  first  mode  may,  on  abstract  principles,  be  considered  as  most  cor- 
rect; and  a  tax  laid  in  case  of  selection,  on  the  same  articles,  in  all  the  States,  as  was  done  in  the  direct  tax  of,1798, 
is  recommended  by  its  uniformity,  and  supporteil  by  respectable  authority.  It  is,  nevertiieless,  believed  that  the 
systems  of  taxation,  respectively,  adopted  by  the  several  States,  matured,  tnodified,  and  improved,  as  they  have 
been  by  long  experience,  will  generally  be  found  to  be  best  adapted  to  the  local  situation  and  circumstances  of  each 
.State;  and  they  are  certainly  most  congenial  w  ith  the  feelings  and  b.abits  of  the  People.  It  is  theretbre  proposed 
that  the  direct  tax  should  be  laid  and  assessed  in  each  State  upon  the  same  objects  of  taxation  on  which  the  direct 
taxes,  levied  under  the  authority  of  the  State,  are  laid  and  assessed. 

The  attempt  made,  under  the  former  direct  tax  of  the  United  States,  to  equalise  the  tax  by  authorizing  a  Board 
of  Commissioners,  in  each  State,  to  correct  the  valuations  made  by  the  local  assessors,  was  attended  with  consider- 
able expense,  and  productive  of  great  delay.  In  order  to  obviate  this  inconvenience,  it  is  proposed  that  the  quota 
assigned  to  each  State,  accordin°  to  the  rule  prescribed  by  the  constitution,  should  be  app(u-tionetl  by  law  amongst 
the  several  counties,  towns,  or  other  subdivisions  of  each  State;  adopting,  \n  each  State,  where  a  State  tax  is  now 
levied,  the  apportionment  of  the  State  tax,  whether  that  be  an  absolute  quota,  fixed  by  a  previous  State  law  on  the 
county  or  town,  or  whether  it  be  only  the  amount  w  hich  shall  appear  to  have  been  last  laid  on  such  county  by  the 
operation  of  the  general  State  laws,  imiiosiiig  a  direct  tax;  making  the  apportionment  in  the  States  where  no  State 
tax  is  now  levied,  according  to  the  best  iniorniation  and  materials  which  can  be  obtained;  and  authonzing  the 
States,  respectively,  to  alter  the  appoitionment  thus  made  by  law.  at  any  time  previous  to  the  day  fixed  by  law  for 
assessing  the  United  States"  tax  on  individuals.  The  -.Nhole  process  of  assessment  will  thereby  be  reduced  to  that 
of  assessing  the  quota  of  each  county,  town,  or  other  subdivision,  on  the  lands  and  inhabitants  of  such  subdivision. 
It  will  be  as  simple,  and  may  be  effected  as  promptly,  and  with  as  little  expense,  as  the  assessment  of  a  county  tax; 
and  the  objects  of  taxation  being  the  same,  it  may  be  still  more  facilitated  by  authorizing  an  adoption  of  the  State 
assessment  on  individuals,  whenever  it  can  be  obtained  from  the  proper  authority. 

With  respect  to  indirect  taxes,  it  does  not  appear  necessary  to  resort  to  any  other  than  those  which  liatl  been 
formerly  levied  by  the  United  States.  As  they  were  in  operation  during  several  years,  their  defects,  and  tlie  modi- 
fications and  improvements  of  which  they  are  susceptible,  are  better  understood  than  new  taxes  could  be.  AVith 
some  alterations  they  may  produce  the  amount  now  wanted;  and  it  does  not  appear  that  any  other,  equally  productive, 
could  be  substituted  with  any  real  ad\antage.  The  gross  amount  of  those  taxes,  in  the  year  1801,  was  riear  one 
million  of  dollars.  They  would,  according  to  the  increase  of  population,  and  without  any  augmentation  in  their 
rate,  yield,  now.  near  1,400,000  dollars.  An  average  increase  of  about  fifty  per  cent,  in  the  rate  would  produce  the  in- 
tended gross  amount  of  two  millions.  But  it  is  believed  that  that  increase  ought  not  to  be  tlie  same  in  all  th(.se 
taxes,  and  that  some  are  susceptible  of  greater  augmentation,  or  extension,  than  others. 

1.  Duties  on  dotnestic  spirits  (lislillcd. — There  is  not  any  more  eligible  object  of  taxation  than  ardent  spirits. 
But  the  mode  of  taxation  is  liable  to  strong  objections,  particularly  with  respect  to  persons  who  are  not  professional 
manufacturers,  andvvho,  only  occasionally,  distil  the  produce  of  their  farms.  It  is  therefore  pmpo-ed,  that  the 
duties  on  the  quantity  of  spirits  distilled  should  be  levied  only  on  spirits  distilled  from  Ibreign  materials,  at  the  rate 
of  10  cents  per  gallon,  distilled,  and  on  other  distilleries  employing  stills,  the  aggregate  of  which  shall  contain  more 
than  four  hundred  gallons,  at  the  rate  of  3  cents  per  gallon,  distilled;  and  that  .'in  stead  of  a  duty  on  the  spirits,  or 
of  licences  in  proportion  to  the  time  employed,  all  other  distillers  should  only  pay  an  annual  tax  of  five  dollars  for 
each  still  solely  employed  in  the  distillation  of  fruit,  and  of  fifteen  dollars  for  each  still  otherwise  employed. 
This  tax  may,  also,  still,  without  reference  to  time,  be  made  to  vary  according  to  the  size  of  the  stills.  At  those 
rates,  this  class  of  duties  is  estimated  to  produce,  at  most.  400,000  dollars;  and  it  is  intended,  in  that  case,  that 
another  duty  should  be  levied  on  the  same  article,  in  the  shape  of  licences  to  retailers.  By  the  adoption  of  that  mode, 

67      n 


526 


FINANCE. 


[1812. 


ilo. 
ilo. 
do. 


ilo. 
do. 
do. 


the  expoiises  of  collection  will  be  considerably  dirninislied,  penalties  for  not  enterins;  stills  will  be  unnecessary,  and 
they  will  he  coidlned,  with  respect  to  country  stills,  to  the  case  of  clandestine  distilling  without  paying  the  tax. 

'Jd.  I)ulit\s  0)1  rrjiiifd  siti;-ar. — A  duty  ilouble  of  that  heretofore  laid,  vi/,.  at  the  rale  of  l  cents  per  pound,  is  esti- 
mated to  pnxiuce  -JOO.OOO  dollars,  'riie  drawback,  both  of  that  duty  and  of  that  on  the  importation  of  the  raw  mate- 
rial, to  be  .illowed. 

;      oil.  Licences  to  rr/ailrr.s. — These  are  believed  to  be  susceptible  of  considerable  r.nd  \ery   proper  augmentation 
anil  extension.     The  following  rates  are  estimated  to  i)ro(luce  700.000  dollars. 

For  a  licence  to  retail  wines,     -------  $20 

spirits  generally,               -               -               -               -               -  20 

domestic  spirits oidy,         -                 -                 -                -                 -  15 

any  other  species  of  foreign  merchandise,      -                -                -  10 

Tavern  keepers,  licenced  under  the  authority  of  any  State,  and  not  living  in  any  city,  town,  village,  or  within  five 
miles  thereof,  to  be  excepted.  Kvery  other  person  who  sells  wines,  foreign  sjiirits,  or  foreign  nuMchandise,  other- 
wise than  in  the  vessel  or  package  of  importation,  oi-  in  the  case  of  dry  goods,  otherwise  than  by  the  piece,  and  every 
pets;)!!  who  sells  domestic  sjiirits  in  less  quantity  than  V,0  gallons,  to  be  considered  as  a  letailer. 

■1th.  Dufics  0)1  sales  at  iiticlio)i. — 'I'hese,  coidined  to  the  sales  of  articles  of  foreign  produce  or  maiud'aclure,  and 
at  the  same,  rate  as  heretofore,  may  produce  about  50.000  dollars. 

5th.  Duties  upon  cciD-iagis  for  the  conveyance  of  prr.so/is'.— Those  duties,  adding  at  the  rate  of  50  per  cent,  on  the 
duties  formerly  raised,  are  estimated  to  produce  150,000  dollars. 

Gth.  SUnnp  duties. — An  association  ot  ideas  which  connects  thos.>  duties  with  the  attempt  of  Great  Britain  to  tax 
America,  and  which  miglit.  with  equal  piopriety,  attach  odium  to  the  duty  on  the  importation  of  tea,  has  rendered  their 
nanic  in  smne  degree  uiq);i|)ular.  The  giea!  extension  ot  post  roads,  and  the  iacility  ot  distribution,  have,  however, 
removed  the  most  sidistiuitial  objection  to  which  they  were  liable.  They  tlo  not  ajipear  tn  be  more  inconvenient 
than  any  other  inteiiial  lax,  and  the  expenses  of  collection  are  less  than  on  any  other,  being  oidy  a  commission  on 
tin-  sale,  and  the  cost  of  [lajier  and  staiiqiing.  At  the  same  rate  as  heretofore,  with  the  exception  of  bank  notes,  on 
which  an  increase  apjiears  proper,  (with  an  option  to  the  banks  to  pay  r,Vh  pari  of  tlieir  dividends  in  lieu  thereof) 
they  are  estimated  to  produce  500,000  dollars. 


KECAPITLLATIOX. 


Direct  ta\,  gross  amount. 

Duties  on  spirits  and  licences  to  distillers,  gross  amount. 


Refined  su.gar, 
Ketailer's  licences, 
Sales  at  auction. 
Duties  on  carriages, 
Stamp  duties,     - 


do. 
do. 
do. 
do. 
do. 


100.000 
200,000 
700,000 
50,000 
150,000 
500,000 


$3,000,000 


Total  gross  amount,  -  -  -  - 

Deduct  expenses  of  assessment  and  collection,  and  losses,  estimated  at  15  per  cent. 

Nett  amount  estimated  for  181-1,  .  -  - 


3,000,000 

5.000,000 
750,000 

-       4,250,000 

Fnit  are  not  estimated  to  yield,  in  ISl.-?,  more  than        ------    $3,600,000 

Most  of  the  internal  taxes  have  been  estimat(-d  at  their  7)ia.rini;nn:  but  it  is  hoped  that  any  defalcation  from  the 
estimated  amount  will  be  compensated  by  a  diminution  in  the  expenses  of  collection,  which  have  also  been  comput- 
ed at  the  highest  rate. 

For  the  superinteiulence  of  ihose  taxes,  both  direct  anil  indirect,  it  appears  indispensable  that  the  office  of  com- 
missioner of  the  revenue  ^houlll  be  re-established.  For  their  collection,  the  former  offices  ot  supervisor  and  inspec- 
tor are  believed  to  have  been  unnecessary  and  injurious  links  in  the  system,  and  that  the  expense  will  be  diminislied, 
and  the  collection  and  accountability  better  secured,  by  the  division  of  the  States  into  convenient  collection  districts, 
and  by  the  appointment  of  a  collector  to  each  district,  who  will  pay  into  the  treasury,  and  be  immedialely  accounta- 
ble to  that  department,  in  the  same  manner  as  the  collectors  of  customs.  This  arrangement,  the  greater  amount  to 
be  collected,  and  the  simplification  in  the  objects  and  mode  of  taxation,  \yill,  it  is  hoped,  reduce,  in  a  short  time,  the 
expenses  of  collection  of  the  indirect  taxes  to7i  instead  of  13  percent,  which  they  formerly  cost,  when  brought  to  their 
highest  degree  of  improx  ement.  In  estimating  the  charges  on  tne  direct  tax  at  15  per  cent.  5  per  cent,  have  been  allowed 
for  the  assessment,  5  per  cent,  for  the  colleciion.  and  5  per  cent,  for  losses.  This  last  item  is  principally  on  account 
of  losses  on  zoiseatcdhuuh,  and  on  some  reunite  districts  of  countiy,  and  is  not  susceptible  of  much  reduction.  That 
for  assessment  may  be  lessened  in  those  States  where  the  objects  of  taxation  do  not  require  an  annual  valuation,  or 
w  here  the  State  or"  county  assessments  may  be  used.  The  expense  of  collection  proper  may  be,  also,  in  soim»  degreee, 
lessened  in  cities  and  populous  districts,  and  by  uniting  it  with  that  of  the  internal  taxes.  It  is.  however,  necessary 
that  the  compensation  ot  the  collectors  be  sufficient  to  command  the  services  of  men  properly  qualified,  and  in  every 
respect  worthy  of  the  trust. 

In  performing  the  ungracious  task  of  pointing  out  new  objects  of  taxation,  those  have  been  submitted  which 
appeared  sufficientlv  productive  and  least  oppressive.  The  objections  to  which  each,  including  the  increase  of  duties 
on  importations,  is  liable,  have  not  been  stated,  not  because  I  was  insensible  of  them,  but  because  no  substitute  of 
any  importance  was  perceived,  which  was  not  still  luore  objectionable.  Every  tax  being  in  some  degree  an  evil,  is,_ 
therefore,  liable  to  some  objection:  and  every  one,  taken  singl.v,  may.  for  that  reason,  be  easily  combat'ed.  But,  if 
the  necessity  of  an  additional  revenue  be  admitted,  the  objections  atibrd  no  argunient  why  the  tax  proposed  should 
be  rejected,  uidess  another,  less  inconvenient,  be  substituted.  The  necessity  of  such  an  addition  to  the  revenue 
has,  in  the  course  of  this  letter,  been  strongly  urged,  because  it  was  strongly  telt;  but  with  respect  to  the  taxes  pro- 
posed, the  selection  is  submitted  with  difiidence:  and  it  will  be  highly  gratifying  that  some  more  eligible  may  be 
ilevised. 

The  last  inquiry  of  the  committee  relates  principally  to  the  terms  on  which  loans,  amounting  to  at  least  ten  mil- 
lions of  dollars  per  aniuiin,  may  be  obtained,  and  to  the  plan  proper  to  be  adopted  for  the  reimbursement  of  such 
loans. 

The  terms  on  which  annual  loans  to  that  amount  may  be  obtained,  can  be  ascertained  only  by  experiment.  Govern- 
ment has  never,  since  its  oigani/.ation,  obtained  considerable  loans  within  the  I'nited  States,  at  the  rate  of  six  per  cent, 
a  year,  except  from  the  Bank  of  the  rniteil  States;  and  these,  on  a  capital  often  millions,  never  amounted  to  saven 
millions  in  the  whole.  In  proportion  to  the  amount  wanted  fiir  the  service  of  the  year,  and  to  the  increase  of  stock  of 
the  public  debt  at  market,  the  terms  must  naturally  become  less  favorable.  It  must,  also,  be  recollected  that,  in  ad- 
dition to  the  sum  wanted  to  defray  the  extraordinary  expenses  of  the  war,  an  annual  loan,  equal  to  the  annual  reim- 
bursement of  the  six  per  cent,  and  deferred  stocks,  prescribed  by  law,  will  also  be  required.  This,  togetherwith  the 
reimbursement  of  the  residue  of  the  converted  stock,  amounting'to  565.000  dollars,  will,  fi)r  this  year,  amount,  as  has 
been  stated  in  the  annual  report,  to  '2, 135,000  dollars.  As  the  interest  on  the  existing  debt  is  iticluded  in  the  "  cur- 
rent expenses,"  the  loan  necessary  for  the  reimbursement  of  the  six  per  cent,  and  deferred  stocks,  will,  for  each 
subsequent  year,  amount  only  to  1,570,000  dollars.  The  loans  for  those  sums  will,  indeed,  create  no  addition  to  the 
amount  ot  the  debt,  but  w  ill,  nevertheless,  increase  the  total  sum  to  be  annually  borrowed.    It  must  also  be  observed. 


1812.]  INCREASE    OF    REVENUE.  527 

that,  if  the  price  oi  stocks  shoulii  sink  below  par.  the  connnissioncis  of  the  sinking  iiind  are  bound,  by  the  existing 
laws, to  apply  tiie  residue  oftiie  auiiiial  iippnipiiafion  o!' eight  millions  a  year  to  (he  purchase  ot  slock;  and  that  le- 
siduewill.  this  year,  amount  tii  $;{,G10,000,  wliich,  in  thatcasi',  must  also  be  bisrrowed.  It  is  a  viewol'tliose  several 
considerations  which  lias  created  an  apprehi'tision  that  loans,  to  such  large  auioiiiit,  might  not,  perhaps,  be  obtained  on 
as  favorable  terms  as  tuider  other  circumstances,  and.  with  the  powerlul  assistance  oi  a  national  bank,  had  been  ibr- 
merly  anticipated.  The  same  viev.of  the  subject  has  most  forcibly  impressed  a  conviction  of  the  necessity  of  an 
additional  revenue:  ior,  it  lurlher  loans  be  also  resorteil  to  for  delraying  the  ordinaiy  e\|Kiises  and  the  interest, 
they  must,  if  at  all  practicable,  be  obtained  on  the  most  ruinous  terms.  Excluding  llu'.r  idea,  and  embracing  oidy 
the  loans  which  are  absolutely  necessaty.  it  appears  to  me  more  prudent  n;>t  to  limit  the  rate  ol' interest  by  law.  A 
discretionary  powei',  in  that  respect,  is,  so  far  as  relates  to  the  Executi\  e,  altogether  itieligible,  but  is  |)rel"erable  to  the 
risk  of  leaving  the  public  service  unprovided  for.  It  is,  also,  for  the  same  reason,  requisite  that  tlie  loans  nuiy  be 
made  irredeemable  f)r  a  term  not  less  than  ten  years. 

In  a  former  cummunication  to  the  Committee  of  Ways  and  Means,  it  was  suggested  (hat  "treasury  notes."  bear- 
ing interest,  might,  to  a  certain  extent,  be  issued,  and  to  that  extent  (limini,-<h  the  atnount  to  be  directly  borrowed. 
The  advantage  they  would  have,  would  result  from  their  becoming  a  part  of  the  circidatiiig  medium,  and  taking,  to  a 
certain  degree,  the  place  of  bank  notes.  It  is  evident,  however,  that,  ior  the  same  reason,  the  issue  must  be  mode- 
rate, and  never  exceed  the  amount  whicli  may  circulate  witliout  depreciation. 

The  loans  necessary  for  the  present  year,  are,  1st.  A  sum  equal  to  that  which  may,  during  the  year,  be  reini- 
bursetl  on  account  of  the  principal  of  th."  ilebt.  •3dly.  The  amount  of  expenses  which  have  been,  or  may  be,  autho- 
rised by  Congress,  and  are  not  nicluded  in  the  aimual  estimates. 

The  fust  sum  will  certaiidy  amount  to  0.1.35.000  dollars,  and  may  be  greater  if  the  stocks  should  sink  below  par. 

The  second  sum  cannot  yet  be  stated,  since  the  extent  of  the  expenses  which  may  be  authoriz.ed  is  not  yet  ascer- 
tained, and  as  the  estimates  lor  the  atldit  oual  army,  already  authorized,  have  not  yet  been  received  by  the  Tieasury 
Department. 

The  deticif  of  1,900,000  dollars  (on  the  pe;ice  establishment)  is  not  included  as  absolutely  necessary,  although 
its  payment  will,  as  stated  in  the  annua!  repiirt.  leave  in  the  treasury  a  smaller  balance  ihan,  under  existing  circum- 
stances, is  eligible. 

It  uuiy  be  proper  to  repeat  that,  so  long  as  the  public  credit  is  preserved,  and  a  sufficient  revenue  is  provided,  no 
doubts  are  entertained  of  the  p  >ssibdity  of  procuriiig,  on  loan,  the  sums  wanted  to  defray  t!ie  extraordinaiy  expenses 
of  a  war:  and  that  the  apprelienslons  expressed  i  elate  solely  to  the  tei  ms  of  ilie  loans — to  the  rate  of  interest  at 
wliich    they  cati  be  obtained. 

The  reimbursement  of  the  n"w  debt  which  may  be  created,  must  ultimately  depend  on  the  respective  revenue 
and  expenditure  of  the  United  .States  after  the  restoration  of  peace.  No  artificial  provisions,  no  appropriations  or 
investments  of  particular  funds  in  certain  persons,  no  nominal  sinking  fund,  h)\vever  constructetl,  will  ever  reduce 
a  public  debt,  unless  the  nett  annual  revenue  shall  exceed  the  aggregate  of  the  annual  expenses,  including  the  interest 
on  the  debt.  Those  who  create  the  debt  can  otdy  ev/f'mrt/e  what  the  peace  revenue  and  expenditure  will  be,  and 
presume  that  the  supposed  surplus  will  be  faithfully  and  perseveringly  applied  to  the  payment  of  the  principal. 

The  current  or  peace  expenses  have  been  estimated  at  nine  millions  of  dollars.  Supposing  the  uebt  contracted 
during  the  war  not  to  exceed  fifty  millions,  and  its  annual  interest  to  am(junt  to  three  mdlions,  the  aggregate  of  the 
peace  expenditure  would  be  no  more  thati  twelve  millions.  And  as  the  peace  revenue  of  the  United  States  may,  at 
the  existing  rate  of  duties,  be  fairly  estimated  at  fifteen  millions,  there  would  remain,  from  the  first  outset,  a  surplus 
of  three  miHi(Uis  of  dollars  applicable  to  the  redemptiun  of  the  debt.  So  far,  therefoi-e,  as  can  be  now  foreseen,  there 
is  the  strongest  reason  to  believe  that  the  debt  thus  contracted  will  be  discharged  with  facility,  and  as  speedily  as  the 
terms  of  the  loans  will  permit.  Nor  does  any  other  plan,  in  that  respect,  appear  necessary,  than  to  extend  th:'  applica- 
tion of  the  annual  appropriation  of  eight  millions,  and  which  is  amply  sufficient  for  that  purpose,  to  ihep.iyment  of 
interest  and  reimbursement  of  the  principal  of  the  new  debt.  No  doubt  can  be  entertained  of  that  mode  being  suffi- 
ciently efiicacious,  sin.ce,  by  that  plan  alone  forty-six  millions  of  the  public  debt  have  been  reimbursed  during  the  last 
eleven  years,  if  the  national  reveiuie  exceeds  the  national  expense,  a  simple  appropriation  for  the  payment  oi  the 
principal  of  the  debt,  and  co-extensive  with  the  object,  is  sufficient,  aiul  will  infallibly  extinguish  the  debt.  li'the 
expense  exceeds  the  reveiuie.  the  appropriation  of  any  specific  sum,  and  the  investment  of  the  interest  extinguished, 
or  of  tmy  other  fund,  will  ])rove  altogether  nugatory;  and  the  national  debt  will,  notwithstanding  that  apparatus,  be 
annually  increased  by  an  aiuouiu  equal  to  the  deficit  in  the  revenue. 

The  annual  inten-st  on  the  existing  debt  amounts  to         -                -                -                -                -  S'3,2-20,000 

And  estimating  the  interest  on  the  new  ilebt  at  .  -  _  -  -  .3,000,000 
The  sum  which,  on  the  annual  appropriation  of  eight  millions,  would,  at  the  restoration  of  peace, 

beapplicable  to  the  payment  of  principal,  is                   .                _                .                .                _  •2,7P0.O00 

$8,000,000 


A  sum  somewhat  less  than  the  presumed  surplus  of  three  millions,  as  above  stated,  anti  which  will  be  nearly 
sufiiciesit  to  reimburse,  before  the  year  16-33,  the  whole  existing  debt  of  the  United  States,  with  the  exception  (.-f 
the  three  per  cent,  stock.  The  loans  contracted  iluring  the  war  being  made  irredeemable  for  at  least  ten  years,  the 
first  reimbursement  would  fall  on  that  year;  and  the  v.hole  of  ■  lie  appropriation  of  eight  millions,  after  deducting 
■tS5,000  dollars  for  the  interest  of  tlie  three  per  cent,  stock,  would  thencetiulh  be  applicable  to  tlie  payment  of  the 
interest  and  principal  of  the  new  debt.  The  precise  period  of  final  extingui»liinent.  and  the  precise  amount  of  an- 
nual payments,  will  depend  on  the  terms  of  the  loans,  and  on  the  number  of  years  for  wliich  it  may  be  necessary  to 
make  each  loan  irredeemable.  But  this  sketch  is  sufiicient  toshow,  1st.  That  no  inconvenience  will  arise  in  making 
the  loans  irredeemable  for  ten  years,  since  th.ere  is  not  much  probability  that  they  could  be  sooner  discharged,  -idly. 
That  the  appropriation  of  eight  "millions  will  be  sufficient  for  their  final  reimbursement.  3dly.  That  that  reimburse- 
ment, and  that  of  the  wh;ile  debt  of  the  United  States  (the  three  per  cent,  stock  excepted)  will  probably  be  effected 
within  fifteen  years  after  the  restoration  of  peace,  it  must  always  be  remembered  tliat  those  estimates  are  predicat- 
ed on  the  supposition  than  an  additional  revenue,  to  the  amount  already  stated,  will  be  provided,  and  that  the  in- 
crease of  debt,  during  the  war,  will  not  exceed  fifty  millions. 

In  answering  tl:e  inquiries  of  the  c(nnmittee  on  subjects  so  intimately  connected  with  the  inostiinportanr  ques- 
tions of  national  concern,  it  became  an  imperious  duty  to  represent  every  circumstance  precisely  as  it  was.  or  appear- 
ed to  be,  and  without  exaggerating  or  disguising  any  (/f  tiie  difficulties  which  must  be  encountered.  Tounderstand 
these  to  their  full  extent, will  atfiuil  the  best  means  of  overcoming  them;  and  there  is  none  which  appears  insurmount- 
.tble  or  even  discouraging.  What  appears  to  be  of  vital  importance  is,  that  the  crisis  should  at  once  be  met  by 
the  adoption  of  efficient  measures,  which  will  with  certainty  provide  means  commensurate  with  the  expen?e:  and  by- 
preserving  unimpaired,  instead  of  abusing,  that  public  credit  on  which  the  public  resources  so  eminently  de[)end, 
will  enable  the  Ihiited  States  to  persevere  in  the  contest  until  an  honorable  peace  shall  tiave  been  obtained. 
I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  set  vant, 

ALBERT  GAT-LATIN. 

Hon.  EzEKiEi,  Bacok. 

Chairman  nf  the  dnntiuftee  of  Ways  and  Means. 


528  FINANCE.  [1812. 


lafh  CoxGREss.-|  No.    364.  [Ist  Session. 

PROTECTION    TO    MANUFACTURES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPEBSBNTATIVES,    JANUARY    29,    1812. 

To  the  Honorable  the  Senate  and  the  Honorable  the  House  of  Representatives  of  the  (Jnited  States  in  Congress 
assembled,  the  Directors  of  the  New  Hampshire  Iron  Factory  Company  beg  leave  respectfidly  to  represent: 

'Hiat  said  company  own  a  very  valuable  bed  of  primitive  iron  ore,  in  the  town  of  Concord,  in  the  county  of  Grafton, 
and  State  of  New  Hampshire;  and  that  said  company  have  expended  a  Lirge  sum  of  money  in  erecting  furnaces,  forges, 
and  machinery,  in  the  town  of  Franconia,in  the  same  county,  for  the  purpose  of  manufacturing  bar  iron  and  various 
sorts  of  cast  iion  ware;  that  their  worlds  have  been  in  operation  for  more  that  three  years,  but,  owing  to  the  high 
price  of  labor,  and  the  low  price  tliey  been  obliged  to  receive  for  their  manufactures,  the  said  company  have  never 
realized  one  dollai',  for  the  use  of  tiieir  capital  stock,  which  amounts  to  more  than  one  hundred  tnousand  dollars; 
and  that  they  have  but  little  prospect  of  making  their  works  profitable,  or  worth  pursuing,  while  European  manufac- 
tures, of  the  same  kind,  can  be  imported  and  sold  in  this  country,  for  the  prices  at  which  they  have  been  sold,  for 
several  years  past. 

They  therefore  pray,  that,  when  commerce  is  laboring  under  great  embarrasments,  from  the  oppressive meaures  of 
belligerent  Powers,  that  Congress,  in  their  wisdom,  would  extend  their  fostering  aid  and  encouragement  to  Ameri- 
can maiiutiictures,  by  imposing  lieavy  duties  on  all  imported  hollow  iron  ware,  and  shapes  of  various  kinds,  an  abun- 
dant supply  of  which,  with  proper  encouragement,  may  be  cast  in  our  own  country.  This,  we  believe,  will  attbrd  to 
merchants  a  prospect  of  employing  part  of  their  capital,  witlidrawn  from  the  ocean,  to  some  advantage,  in  establish- 
ing, and  carrying  on,  useful  manufactories.  And,  as  in  duty  bound,  will  ever  pray  the  New  Hampshire  Iron  Factory 
Company,  by  their  directors. 

EBEN'R  BECKFORD,  and  others. 
Salem,  January  16.  1810. 


13th  Congress.]  No.    365.  [IstSsssiOK. 


PROTECTION  TO  MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  3,    1812. 

To  the  Senate  and  Representatives  in  Congress  assembled: 

The  subscribers,  brewers  of  malt  liquor,  in  the  city  of  New  York,  having  long  had  to  encounter  with  many 
impediments  to  the  extension  of  their  business,  so  as  to  render  it  profitable  either  to  themselves,  or  as  an  useful 
branch  of  manufactory  to  the  community  at  large,  take  the  liberty  to  suggest  to  Congress,  that,  while  the  consump- 
tion of  ardent  spirits  continues  to  form  so  common  a  drink,  for  the  generality' of  people,  particularly  among  the 
laboring  part  of  society,  it  will  operate  against  the  use  ot  malt  liquors,  which  circumstance,  together  with  the  quan- 
tity of  foreign  beer  heretofore  imported,  has  lessened  the  consumption  of  the  article  manufactured  at  home,  and 
which,  in  the  event  of    the  intercourse  being  opened,  may  again  be  the  case. 

With  this  vie^v  of  the  subject,  \\e  are  induced  to  solicit  the  attention  of  Congress,  in  order  that  some  legislative 
aid  and  encouragement  may  be  aftbrded  in  tlie  premises. 

It  is  .ot  for  us  to  e,\'iatiate  on  the  benefits  which  may  result  to  the  community,  as  to  the  preference,  in  point  of 
health,  which  malt  liq'.'jr  may  have  to  that  of  ardent  spirits,  or  of  the  policy  ot  encouraging  the  one,  and  of  dis- 
couraging the  other,  e,  :n  in  a  moral  point  of  view;  these  are  considerations,  so  connected  with  individual  and  gen- 
eral good,  and  so  according  m  ith  the  system  adopted  by  Congress,  for  promoting  the  manufactories  of  our  country, 
and  so  con;'  nia!  with  the  spirit  of  the  nation,  that  we  shall  forbear  expressing  much  on  the  subject. 

We,  the!  efore,  submit  to  your  consideration  the  propriety  of  adopting  such  measures  as  may  be  promotive  of 
encouraging  the  manufactory,  and  use.  of  malt  liquors,  in  the  United  States. 

MURRAY  &  MILBANK,  and  others. 

New  York,  1st  montli,  19.  {Jamiary)   1812. 


12th  CoNGRF.ss.]  No.  366.  [1st  Skssion- 


SINKING  FUND. 

COMMUNICATED  TO  THE  SENATE,  FEBRUARY  5,  1812. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 
That  the  measures  which  have  been  authorized  by  the  Board,  subsequent  to  their  last  report,  of  the  2d  of  Febru- 
ary, 1811,  so  far  as  the  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasury 
to  tliis  Board,  dated  the  first  day  of  the  present  month,  and  in  the  statements  therein  referred  to.  which  are  here- 
with transmitted,  and  prayed  to  be  received  as  part  of  this  report. 

GEORGE  CLINTON,  President  of  the  Senate. 
JAMES  MONROE,  Secretary  of  State. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
WM.  PINKNEY,  Attorney  General  U.  S. 
Washington,  February  5,  1812. 


1812.]  THE   SINKING  FUND. 


529 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund- 
That  the  balance  of  moneys  advanced  on  account  of  the  public  debt,  remainiiis  unexpended  at  the  close  of  the  veai 
1809,  and  applicable  to  payments  falling  due  after  that  year,  uhicii  balance,  as  api)ears  by  the  statement  B,"  an 
iiexed  to  the  last  annual  report,  amounted  to  three  hundred  and  sixty  thousand  nine  hundred   and  ninety-nine 
dollars  sixty-eiglit  cents,  .--...._.        $360,999  6" 

Together  with  the  sums  disburseil  from  the  treasury,  during  the  year  1810,  on  account  of  the  prin- 
cipal and  interest  of  the  public  debt,  which  sums,  as  appears  by  the  statement  C,  annexed  to  tlie 
last  annual  report,  amounted  to  eight  millions  and  one  thousand  nine  hundred  and  seventy-two 
ilollars  forty-three  cents,  ------.._       8001972  43 

And  amounting,  together,  to  eight  millions  three  hundred  and  sixty-two  thousand  nine  hundred  and 

seventy-two  dollars  eleven  cents,  -------8  362  972  1 1 

Have  been  accounted  for  in  the  following  manner: 

I.  There  was  repaid  into  the  treasury,  during  the  year  1810,  on  account  of  the  principal  of  moneys 
heretofore  advanced  for  tiie  payment  oi"  the  domestic  debt,  as  appears  by  the  statement  E,  annex- 
ed to  the  last  annual  report,  the  sum  of  two  thousand  six  hundred  and  thirty-nine  dollars  tiiirtv- 

seven  cents,  -  -  -  -  -  -  -  .  .'.  2  639  3" 

II.  The  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  principal  and  interest 
of  the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amounted, 
as  will  appear  by  the  statement  A,  to  seven  millions  eight  hundred  and  sixty-seven  thousand 
one  hundred  and  fifty-eight  dollars  fifty-seven  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  debt,  including  the  whole  of  the  exchanged 
six  per  cent,  stock  outstanding,         ----..    $5,163,328  16 

2.  Paid  on  account  of  the  interest  and  charges  on  the  public  debt        -  -      2,703,830  41 


7,867,158  5: 


III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1810,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Depaitment, 
amounted,  as  will  appear  by  the  statement  B,  to  four  hundred  and  ninety-three  thousand  one 
hundred  and  seventy-four  dollars  seventeen  cents.  ••--..  493.174  i" 


3,362,972  11 


That,  during  the  year  1811,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  principal 

and  interest  of  the  public  debt,  viz: 

I.  On  account  of  the  interest  and  reimbursement  of  the  domestic  funded  debt,       -           .            .  $4,736,092  06 

II.  For  interest  on  temporary  domestic  loans,            -------  69,842  4r> 

III.  For  repayment  of               do.            do.                  -            -----            -  2,750,000  00 

IV.  On  account  of  the  interest  on  Louisiana  stock,  and  on  exchanged  and   converted   stocks  pay- 

able in  Europe,               --------..  592,160  49 


Amounting,  together,  as  will  appeal- by  the  annexed  list  of  warrants,  marked  C,  to  eight  millions  one 

hundred  and  forty-eight  thousand  and  ninety- five  dollars.  -----      $8,148,09500 


Whicli  disbursements  were  made  out  of  the  following  funds,  viz: 
I.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year  1811.  viz: 

From  the  fund  arising  from  the  interest  on  the  debt  transferred  to  the  Commissioners  of  the  Sinking  Fund,  us 
per  statement  I.  -  -  -  -  -  -  -  $1,818,374  34 

From  the  fund  arising  from  tiie  sales  of  public  lands,  being  the  amount  received 
in  the   treasury  from  1st  October.   1810,  to  30th  September,  1811,  per  state- 
ment K,  -  -  -  -  -  -  -  -  -         767,061  23 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on 

the  tonnage  of  vessels,  -------      5,414,564  43 


II.  From  repayments  into  the  treasury,  on  account  of  advances  for  the  payment  of  dividends  on 
the  domestic  funded  debt,  and  for  the  purchase  of  foreign  remittances,  as  will  appear  by  the  state- 
ment E,  viz: 

Principal  advanced  from  the  treasury,  repaid,  -  -  -  -  146,666  67 

Interest  and  damages  recovered,  -----.  1,42833 


$8,000,000  00 


148,095  00 

$8,148,095  00 
That  the  abovementioned  disbursements,  together  with  the  above  stated  balance,  which  remained 

unexpended  at  the  close  of  the  year  1810,  of  -  -  -  -  -  -  -  493,17?   17 

Together  with  a  furtlier  sum.  arising  from  profit  on  remittances  from  America  to  Europe,  purchased 

during  the  year  1811.  and  amounting,  as  will  appeal- by  the  statement  D.  to        -  -  -  56,726  14 

And  together,  also,  with  the  further  sum  of  £4.900  sterling,  in  bills  taken  in  payment  of  the  principal 

of  an  equal  sum  of  protested  bills,  as  will  appear  by  tlie  same  statement  D,aiid  equal,  at  par,  to  21.777  7- 

Making,  together,  eight  millions  seven  hundred  and  nineteen  thousand  seven  hundred  and  seventy- 
three  dollars  nine  cents,        ..-----..'-        8,719,773  0;' 


Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then  have  been  leii- 
dered  to  the  Treasury  Department. 

That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied,  is  estimated  as  foUuweth: 

I.  The  repayments  into  the  treasury,  on  account  of  the  principal,  including  the  amount  of  sundry  bills  received  in 
exchange  for  others  previously  purchased,  which  had  been  protested,  have,  during  the  year  1811,  amounted,  a-, 
by  the  abovementioned  statement  E,  to      -  -  -  -  -  -  -         $168,444  4') 

II.  The  sums  actually  applied,  during  the  year  1811,  to  the  principal  and  interest  of  the  public  debt, 
are  estimated  as  follows: 

1.  Paid  in  reimbursement  of  the  principal  of  the    public  debt,  and  including  the  temporary 
loan  of  $2,750,000,  obtained  in  1810,  from  the  Bank  of  the  United  States.    $5,543,470  89 

2.  Paid  on  account  of  interest  and  charges  on  the  public  debt,  -  -       2,470,372  06 

As  will  appear  by  the  estimate  F,  -------  8,013,8429.3 

III.  The  balance  which  remained  unexpendecl  at  the  close  of  the  year  1811,  and  applicable  to  pay- 
ments falling  due  after  that  year,  as  per  estimate  G,  at  -----  537,48569 


B,719,773  0!> 


530 


FINANCE.  [1812. 


That,  in  conformity  with  the  resolution  of  the  Commissioners  of  the  Sinking  Fund,  of  April  24th  1811,  (L)  there 
was  reimburscfl.  at  the  close  of  tlie  year  1811,  in  the  manner  prescribed  by  the  8th  section  of  the  act  of  Fe- 
bruary 11th,  1807,  a  portion  of  the  converted  stock  created  by  the  3(1  section  of  that  act,  of  $1,294,452  29;  which 
sum  of  $1,294,452  29  forms  a  part  of  the  sum  of  $5,543,470  89,  above  stated,  as  the  amount  of  the  principal 
of  the  public  debt  reimbursed  in  tlie  year  1811.  ..,.„, 

And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  tlie  Commissioners  of  the  Sinking  tund, 
and  to  the  Treasurer  of  the  United  States,  in  trust  for  said  States,  and  standing  to  their  credit  on  the  books  of 
the  treasury,  on  the  31st  December,  1811,  no  stock  having  been  transferred  in  payment  for  lands  during  the 
year  1811.  . 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 
Treasury  Department,  February  1st,  1812. 


Statement  of  the  application,  during  the  year  1810,  of  the  funds  provided  for  the  payment  of  the  principal  and 

interest  of  the  Public  Debt. 

I.  Payments  on  account  of  the  principcd  of  the  Public  Debt. 

Of  tlie  domestic  debt,  viz: 
Annual  reimbursement  of  old  six  per  cent,  stock,         -  -  -   $1,011,038  97 

Do.  of  deferred      do.  -  -  -  -  400,563  93 


Reimbursement  of  exchanged  six  per  cent,  stock,  being  the  whole  of  that  stock  which 

reniaine(!  outstanding,  --------      3,751,125  26 


1,412,202  90 

5,163,328  16 


II.  Payments  on  account  of  interest  and  charges. 

1.  On  the  domestic  debt. 

Interest  for  the  year  1810,  on  the  several  species  of  the  domestic  funded  debt,  asset- 
tied  at  the  treasury,    ---------  $1,985,579  93 

Do.    on  Louisiana  stock  domesticated,  ..-.--  7,020  00 

2.  On  the  foreign  debt. 

Interest  on  exchanged  and  converted  stocks,  payable  in  Amsterdam, 

guilders  8,056  17  8,  at  40  cents,  -  -  -        3,222  75 

London,  £5,344  i  9,  at  4s.  6(/.     -----      23,75534 

'  26,978  09 

Interest  on  Louisiana  stock,  from  Isl  of  July,  1809,  to  30th  June,  1810,  viz: 
Payable  in  Amsterdam,  guilders  750,000,  at  40  cents,  -  -     300,000  00 

Do.    in  London,  £83,099  5,  at  4s.  6(/.   -  -  -  ..      369.330  00 

'         '  '  669,330  00 

Commissions  and  cliarges.viz:  at  Amsterdam,  including  guild- 
ers 9,768  3,  interest  on  advances  of  the  bankers,  guilders 
14,069  15  8.      -  -  ■  -  -  -  5,627  91 

-\t  London,  £415  10.       ...----         1,84666 

Loss  in  exchange  and  remittances,  per  statement  D,  annexed 

to  last  annual  report,  -  -  -   .         -        6,281  84 

Deduct  gain  on  specie  shipped  by  the  John  Adams,  guilders 

2,233,  -------  893  20 

Commissions  to  agents  in  America  for  purchasing  bills,  -  -  2,059  18 


7,474  57 


5,388  64 


?  11,230  48 

2.703,830  41 


$7,867,158  57 


Treasury  Department, /?fg-is/er's  Q/^cf,  yam/a/J,' 30,  1812.   ^^,„^„„  ^,^^,„„^,     ,,     . 

JOSEPH  NOURSE,  Register. 


B. 


Statement  of  the  provision  made,  before  the  isl  day  of  January,  181 1. /or  the  payment  of  the  principal  and  interest 

nf  the  Public  Debt  falling  due  after  that  day. 

I.     On  account  of  the  Foreign  Debt. 

1.  Cash  in  the  iiands  of  commissioners  and  agents  in  Europe,  viz: 

In  London,  on  31st  December,  1810.  £44,640  14  6,  at  4s.  6</.  .  .  $198,403  22 

Deduct  amount  due  the  commlssioneis  in  Amsterdam  on  the  same  day, 

guilders  276,967  14  13,  at  40  cents,  .....      110,78710 

2.  Remittances  outstanding,  viz: 
Amount  paid  for  at  the  treasury,  and  remitted  to  Amsterdam,  before  1st  Ja- 
nuary, 1811,  but  not  received  by  the  commissioners  till  after  that  day, 
guilders  497,500,  at  40  cents,  .  .  .  .  .  •      199,000  00 

Deduct  amount  of  moneys  received  by  the  commissioners  before  1st  Janu- 
ary, 1811,  but  not  paid  for  at  the  treasury  till  after  that  day,  guilders 
16,695  15.  at  40  cents,  .......         6, 


87,616  12 


,678  30 
192,321  70 


1812.] 


THE    SINKING   FUND. 


531 


Amount  paid  for  at  the  treasury,  and  leniitted  to  London,  before  1st  Janu- 
ary, 1811,  but  not  received  by  the  bankers    till   after  that 
day.  ....  iJ50,000,  at  4s.  6d.  222,222  22 

Of  this  sum  there  was  protested  for  non-pay- 
ment, as  explained  at  foot  of  statement  I), 
herewith,  antl  remained  unpaid  on  3Ist  De- 
cember, IS  10,  .  .  .  .      8,400  .  37.33.3  33 


41,600 


184,888  89 


3.  Amount  of  payments  made  at  the  treasury  before  tlie  1st  of  January, 
1811,  for  bills  which  have  been  protested  for  non-payment,  and  which 
on  tiiat  day  had  not  been  repaid  into  the  treasury,  viz: 

Amount  heretofore  outstanding,  as  explained  in  the  report  of  February  3,  1809,  13,3')7  00 
Amount  of  bills  purchased  in  1810,  and  protested  for  non-payment,  which 

had  not  been  repaid  into  the  treasury  December  31,  1810,  £8,400  .       37,333  33 


377.210  59 
464,826  71 


50,690  33 


II.     Deduct  amount,  short  provided,  on  account  of  the  Domestic  Debt,  as  follows: 

The  demands  unsatisfied  on  tiie  1st  January,  1811,  were  the  Ibliowing,  viz: 
1.  Dividends  payable  by  the  commissioners  of  loans,  including  the  dividends  due  on 


that  day,  and  exclusive  of  dividends  no  longer  demandable  at  their  offices, 
2.  Unclaimed  dividends  payable  at  the  treasury,  .... 

The  provision  made  for  the  above  objects  was  as  follows,  viz: 

1.  Cash  due  from  commissioners  of  loans  deceased,  and  out  of  office,  6,660  20 

2.  Cash  in  the  hands  of  do.  in  office.  .  .  1,196,489  55 

3.  Cash  in  the  hands  of  the  treasurer,  as  agent  for  the  commissioners  of 

the  sinking  fund,  ......  57,588  65 

4.  Cash  over  advanced  at  the  treasury  for  the  payment  of  dividends,  12  00 


1,213,042  83 
70,050  44 

1,983,093  27 


1,260,750  40 


Leaving  this  sum,  short  provided,  on  the  1st  January,  1811,  to  meet  all  payments 
on  account  of  the  domestic  debt,      ....... 

Total  amount  of  provision  for  the  public  debt  remaining  unapplied  on  the  31st  De- 
cember, 1810,  ...  ..... 


515,517  04 


22,3  42  87 


$493,174   i: 


Treasury  Department.  Regisier^s  Office,  January  30,  1812. 


C. 


JOSEPH  NOURSE,  Register. 


List  qf  Warrants  drawn  according  to  lau;  during  the  year  1811,  on  the  Treasurer  of  the  i'nired  States,  on  account 

of  the  payments  of  interest  on  the  Louisiana  Stock. 


WAEKAXTS. 

In  whose  fiivor. 

AMor?rT. 

Numbers. 

Dates. 

Dollars.   Cts. 

3067 

February     8, 

1811, 

Albert  Gallatin, 

387  00 

3167 

March       13, 

" 

Charles  J.  Nourse, 

1.864   11 

3393 

April          22. 

<.  t 

Walter  Hellen, 

2,836  60 

3394 

41                       tt 

i< 

Robert  Beverlv, 

2,195  24 

3395 

"             23, 

fc. 

Cliarles  J.  Nourse,    - 

624  27 

3433 

May          13, 

(• 

Jonathan  Burrall, 

10,080  00 

3434 

i;                i> 

,1 

Do. 

25  20 

3497 

June          15. 

•  a 

Daniel  Sheldon,  Jr.     - 

200,000  00 

3510 

24, 

fc. 

Joseph  Riddle, 

1,085  50 

3526 

"              26, 

i" 

Anthony  C.  Cazenove. 

3,323  80 

3671 

July           15, 

i. 

Daniel  Sheldon.  Jr.     - 

153  66 

3732 

August      10, 

,4 

Jonathan  Smith,         -                   -                  . 

7,846  92 

3787 

Sept.           2, 

,4 

Do.                     -                  -                  - 

43  16 

4054 

Novr.        13, 

4> 

Do.                     -                  -                  - 

143,517  40 

4055 

a                c; 

*• 

Do. 

358  79 

4083 

22, 

4b 

Samuel  Flewellins,    - 

144,447   19 

4084 

((             ii 

44 

Do.                     -                   -                  - 

361    11 

4088 

"             26, 

44 

James  Sanderson  and  Robert  Young, 

72,978  02 

4091 

"             28, 

44 

^yalter  Stewart, 

32  52 

$592,160  49 

532 


FINANCE. 


[1812. 


Included  in  the  foregoing  List  of  Warrants,  are  the  following  Warrants^for  commission  to  agents  who  purchased 
the  bills,  and  also,  for  expenses   attending  the  shipment  and  transportation  of  specie  to  Amsterdam. 


Warrants 

. 

In  whose  favor. 

Amount. 

Numbers. 

Date. 

Dollars.  Cts. 

3434 

3787 
4055 

4084 

May 

Septr. 

Novr. 

July 

Augiist 
Novr. 

13, 

2, 
13, 

22, 

15, 
10, 

28, 

1811, 

44 
44 

44 
44 

44 

Jonathan  Buirall,  for  commission, 
Jonathan  Smith,    do,            do. 
Do.                do.            do. 
Samuel  Flewelling,               do. 

Daniel  Sheldcni,  Jr.  for  shipment  of  specie 
Jonathan  Smith,  for  insuiance  on  do. 
Walter  Stewart,  for  transmission  of  do. 

$25  20 

43  16 

358  79 

361   11 

788  26 
8  033   10 

3671 
3732 
4091 

.     153  66 

7,846  92 
32  52 

$8,821  36 

List  of  Warrants  drawn  according  to  law,  during  the  year  1811,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  reimbursement  and  interest  of  the  Domestic  Debt. 


Warrants. 


Numbers. 

Date. 

3028 

January 

12. 

1811, 

3159 

March 

11. 

44 

- 

3160 

44 

66 

44 

- 

3161 

44 

h6 

4  4 

- 

3162 

•' 

66 

44 

- 

3171 

44 

14, 

44 

- 

3172 

(4 

66 

44 

- 

3173 

44 

66 

44 

- 

3174 

44 

66 

44 

- 

3196 

44 

18, 

(4 

3197 

44 

44 

44 

. 

3208 

44 

21, 

44 

- 

3212 

44 

25, 

44 

_ 

3214 

44 

66 

44 

- 

3216 

<4 

•26, 

44 

- 

3438 

May 

16, 

44 

3487 

June 

11, 

>• 

- 

3488 

ik 

44 

<4 

- 

3469 

•^ 

44 

44 

- 

3490 

^6 

4. 

.4 

- 

3500 

(,i. 

18, 

44 

- 

3501 

kb 

44 

44 

3502 

ii 

44 

44 

- 

3503 

ii 

44 

44 

- 

3504 

b  b 

19, 

44 

- 

3507 

66 

20, 

44 

- 

3508 

4* 

66 

>4 

- 

3509 

(6 

21, 

44 

- 

3525 

66 

26, 

(4 

- 

3529 

66 

28, 

44 

_ 

3530 

66 

6b 

44 

.. 

3531 

k  b 

bb 

44 

- 

3771 

August 

20, 

44 

- 

3812 

Septr. 

17, 

44 

- 

3813 

4. 

6b 

44 

- 

3H14 
3815 
3816 
3826 
3827 
3828 
3829 
3830 
3831 
3833 
3845 
3847 
3848 
3849 
3974 
4121 
4122 
4123 
4124 
4125 
4136 


October 
Deer. 


21, 


23, 
25, 

27, 


7, 
16, 


In  whose  favor. 


Amount. 


Robert  Habersham, 

Do. 
Peter  Freneau, 
Sherwood  Haywood, 
William  Gardner, 
Thomas  Nelson, 
James  Pawing. 
Jonathan  Bull, 
Christopher  Eilery, 
William  Few, 
Benjamin  Austin, 
Edward  Hall, 
Stephen  Moylan, 
John  Stockton, 
Tiiomas  T.  Tucker, 
Benjamin  Austin, 
William  (jardner 
Sherwood  Haywooii, 
Peter  Freneau, 
Robert  Habersham, 
James  Ewing, 
Jonathan  Bull. 
Christopher  Eilery, 
Benjamin  Austin, 
Edward  Hall, 
Thomas  Nelson, 
William  Few, 
Blair  M'Clenachan, 
John  Stockton, 
Thomas  T.  Tucker, 
Jonathan  Suiith, 
William  Wliann, 
Isaac  Neufville, 
W^illiam  Gardner, 
Thomas  Nelson, 
Sheruood  Haywood, 
John  Dawson,  Jr. 
Robert  Habersham, 
Benjamin  Austin, 
Jonathan  Bull, 
Christopher  Eilery, 
William  Few, 
James  Ewing, 
Blair  M'Clenachan, 
Edward  Hall. 
John  Stockton, 
Jonathan  Smith, 
^^'iiliam  Whann, 
Thomas  T.  Tucker, 
John  Dwason,  Jr. 
Robert  Habersham, 
Morton  A.  AVaring, 

Do. 
Sherwood  Haywood, 

Do. 
William  Gardner, 


Dolls.  Cts. 


650  00 
1,400  00 

26,000  00 
1,150  00 
5,200  00 
5,000  00 
3,050  00 

17,100  00 

6,050  00 

220,000  00 

138,000  00 

19,871  21 

118,000  00 

1,579  72 

2.292   13 

10,000  00 
5,225  00 
1,700  00 

25,500  00 
1,000  00 
3,200  00 

17,100  00 

6.G50  00 

130,000  00 

19.928  23 

4,400  00 

220,000  00 

115,688  77 

1,585  04 

2,292   13 

55,459  59 

17,676  80 

2  65 

5,180  00 

3.500  00 

2,400  00 

28.000  00 

1.000  00 

135,000  00 

17,100  00 

6,200  00 

222,000  00 

3,000  00 

119,054  70 

19,804  90 
1,565  27 

47,506  30 

24,552  86 
2,292  13 
3,821  61 
2,000  00 

56,000  00 

34,272  91 
3,000  00 

20,343  II 

10,450  00 


[1812. 


Numbers. 


4127 
4145 
4146 
4150 
4151 
4152 
4153 
4154 
4155 
4162 


4147 
4158 


THE   SINKING   FUND. 


■WarTants. 


Date. 


December     16, 

21, 

23, 


31, 


21, 
24, 


1811, 


LIST — Continued. 


In  wliose  favor. 


William  Gardner, 
Jonathan  Bull, 

Do. 
James  Ewins, 

Do. 
Edwartl  Hall. 

Do. 
Thomas  Nelson, 

Do. 
William  Whann, 


Thomas  T.  Tucker, 
Do. 


$767,061  23 
1,818,374  31 


535 


Amount. 


Dolls 


Cts. 


10,369   19 

36,700  00 

1,393  39 

5,900  00 

26,115  08 

42,659  60 

11.916  99 

7,600  00 

25,944   16 

11,633  02 


2,150,656  49 


2,585,435  57 


4.736,092  06 


List  oftcarrants  drawn  according  to  law,  during  the  year  1811,  on  the  Treamrer  of  the  United  States,  on  ac- 
count of  the  repayment  of  the  Principal  of  the  Temporary  Loans. 


Warrants. 

In  whose  favor. 

Amount. 

Numbers. 

Date. 

Dolls.  Cts. 

3137 
3783 

March      5, 
Septr.        2, 

1811. 

President,  Directors  &  Co.  of  the  Bank  of  the 

United  States, 
George  Simpson, 

1,375,000  00 
1,375,000  00 

2,750,000  00 

List  of  JVarrants  drawn  according  to  law.  during  the  year  1811.  on  the  Treasnrer  of  the  United  Stales,  on  account 

of  the  payment  of  the  Lite  rest  on  Temporary  Loans. 


Warrants. 

In  whose  favor. 

Amount. 

Numbers. 

Date. 

Dollars.   CU 

3144 

3782 

March      6,          1811, 
Septr.       2, 

President,  Directors  &  Co.  of  the  Bank  of  the 

United  States, 
George  Simpson, 

28,931  50 
40,010  95 

69,842   V, 

RECAPITULATION. 


Interest  and  reimbursement  of  the  domestic  debt. 
Interest  on  I>ouisiana  stock. 
Principal  of  temporary  loans. 
Interest  on        do.  do. 


Treasury  Department,  Register's  Office,  January  30,  1812. 


$4,736,092  06 

592,160  49 

2,750.000  00 

69,842  45 

$8,148,095  00 


JOSEPH  NOURSE,  Resi>^:er. 


68 


It 


534 


FINANCE. 


[1812. 


D. 

Statement  of  foreign  remittances  provided  and  paid  for  at  the  Treasury,  during  the  year  1811. /or  the  payment 

of  interest  on  the  Louisiana  stock  in  Amsterdam  and  Londoii. 


Guilders  175,880    6  0,  at  44  cents,  cost  .         ^-  -   ,     '      ^     ' 

16,695  15  0,  at  43  cents,  with  allowances  for  interest,  &lc.,  cost 
500,000    0  0,  specie  shipped  by  the  frigate  Constitution,     . 

69-2,576    1  0 
Sterling  £  2,520    0  0,  at  10  per  cent,  below  par,  cost 


$77,387  32 

7,907  22 

200,000  00 

$285,294  54 


5,180    7  7, 

1,000    0  0, 

43,300    0  0, 

1,819  12  5, 

17.700    0  0, 

11.000    0  0, 


16 

17 
18 
19 

30 

23 


do. 
do. 
do. 
do. 
do. 
do. 


do. 
do. 
do. 
do. 
do. 
do. 


Cost  of  advertising. 


$10,080  00 

19,340  08 

3,688  89 

157,804  47 

6,550  63 

62,933  33 

37,644  44 

2  75 


82,520    0  0  . 

5,880    0  0,  in  exchange  for  protested  bdls.— See  note  (a)  at  toot. 

£88,400    0  0,  applied  to  the  purchase  of  remittances,        ..... 

Paid  for  insurance  and  charges  on  the  transportation  and  shipment  of  specie  to  Amsterdam, 
Paid  agents  for  commission  on  the  purchase  of  bills,  ...... 

Amount  of  warrants  issued  in  the  year  1811,  on  account  of  the  interest  on  Louisiana  stock,  per 
preceding  statement  C,      .••••••••  • 

Gain  in  exchange,         ....-• 


guilders  692,576  1  0,  at  par, 


£88,400  0  0 
Deduct  bills  taken  in  payment  of  the  principal  of  protested  bills,  as  per 

note  (a)  at  foot, ^^^00  0  0 


£83.500  0  0,  at  par. 


Paid  for  remittances,  as  above. 
Do.      charges  do.        do. 


Gain  in  exchange  in  1811, 


$583,339  13 

8,076  26 


298,044  59 


$583,339  13 

8,076  26 
745  10 

$592,160  49 

$592.160  49 
$277,030  42 

371,111   11 
648,141   53 

591,415  39 


$56,726   14 


Xote  to  Statement  D. 

(a)  Of  the  sum  of  £50,000  sterling,  remitted  to  London,  in  bills,  in  October,  1810,  there  was  returned 
ill  1811,  protested,  for  non-payment,  ........ 


533  33 


£8,400 
£1,500 


Of  this  sum  there  was  repaid  Into  tlie  treasury,  in  181 1,  as  per  statement  E,  accompanying  this  report, 

For  principal, $6,666  67 

Damages,  ....•••.. 


There  has  been  put  in  suit,  and  still  remains  outstanding,      •  •  • 

There  v>'as  replaced,  by  new  bills,  furnished  by  the  endorsers  of  those  protested, 


But  on  these  bills  there  was  claimed  and  paid  the  customary  damages  of  20  per  cent.,  being  on  the  £4,900,  the 
sum  of  £980.  This  last  sum  was  also  furnished  in  bills,  and  is  included  in  this  statement,  as  so  much  gained 
in  exchange. 


$7,200  00 

. 

2.000 
4,900 

£8.400 

Treasury  Department,  Register's  Office,  January  30,  1812. 


JOSEPH  NOURSE,  Register. 


1812.] 


THE   SINKING  FUND. 


.535 


E. 


Statement  of  repayments  made  into  the  Treasury,  during  the  year  1811,  on  acrnunt  of  the  Public  Debt. 


No.  of  war- 
rants. 


Dates  of  war- 
rants. 


1467 


1487 


1514 


1515 


1520 


March  30, 


May      28, 


June      29, 


June      29, 


On  whom  drawn. 


Septem.  3, 


John  Stoplien.late  district  attorney  for  Mary- 
hinil,  being  so  much  received  by  him  from 
the  es'ate  of  Beale  Owings,  on  account  of 
the  balance  due  for  his  bill  of  exchange  on 
Amstenhim  for  20,000  guilders,  protested 
in  the  year  1802,  for  non-payment, 

James  Davidson,  casliier  of  the  hite  office  of 
Discount  and  Deposite,  Washington,  being 
moneys  remaining  in  liis  liands  unexpended, 
which  were  heretofore  advanced  him  for 
payment  of  dividends  on  the  public  debt, 
payable  at  the  treasuiy, 

Frederick  Depeyster,  being  for  the  cost  and 
damages  on  two  bills  of  exchange,  one  drawn 
by  F.  Depeyster,  for  £1,000  sterling,  and 
one  by  J.  De  Jongh,  for  £500  sterling,  on 
Worrall  &  Williamson,  of  Liverpool,  re- 
turned, protested,  for  non-payment, 

James  Davidson,  cashier  of  tiie  late  office  of 
Discount  and  Deposite,  Washington,  being 
moneys  remaining  in  iiis  hands  unexpended, 
which  were  heretofore  advanced  him  for 
paying  unclaimed  dividends  on  the  i'unded 
domestic  debt  of  the  United  States,  payable 
at  the  treasury,  -  -  -  - 

Do.  being  on  same  account,     - 


To  the  above  must  be  added  the  amount  of  three  bills  protested  for  non- 
payment in  1811.  as  follows,  viz: 
Butler.  Burroughs,  &  Sturges,  on  John  Stewart,  of  Liverpool,  for  £'1,000 
Hezekiah  Lord,  on  Conway  &  Davidson,  of  do.  -      2,000 

Do.  W^urall  &  Williamson,  of  do.  -      1,900 


£4,900 


For  whicii  other  bill.-  were  taken  in  exchange,  as  explained  in  statement 
D.  herewith.  As  this  operation  produces  the  same  effi^ct  as  a  repayment 
into  the  treasury,  it  is  necessary  that  it  should  appear  in  this  statement, 
and  is,  tiierefoie,  here  entered.     £4,900.  at  par,  is  equal  t<i 


Treasury  Department,  Register''s  Office,  January  30,  1812. 


Principal. 


Damages  and 
interest. 


50,000  00 


6,6GG  C: 


40,000  00 
50,000  00 


$146,666  67 


21,777  78 


$168,444  45 


895  00 


533  33 


1,428  33 


Amount  of 
warrants. 


895  00 


50,000  00 


r,200  00 


40,000  00 
50,000  00 


$148,095  00 


JOSEPH  NOURSE.  Register. 


^fin  estimate  of  the  application  made,  in  the  year  1811,  of  the  funds  provided  for  the  payment  of  the  Principal  and 

Interest  of  the  Public  Debt. 

I.  0)1  account  of  the  Principal. 

1.  Reimbursement  of  six  per  cent,  and  deferred  stocks,  estimated  at     -  -         $1,499.018  60 

2.  Do.  of  converted  six  per  cent,  stock,  -  -  -  1,294,452  29 

3.  Repayment  of  temporal  y  loan  obtained  frour  Bank  of  the  United  States,         -  2.750,000  00 

n.    On  account  of  Interest  anil  Charges. 

1.  Interest  on  the  domestic  funded  debt,  estimated  at  -  -  -         $1,682,515  66 

2.  Interest  on  Louisiana  stock,  domesticated,  -  -  -  -  24,051  00 

3.  Interest  on  temporary  loan  from  Bank  of  the  United  States.  -  69,842   i.'> 

4.  [nterest  and  charges  on  i'oreign  debt,  viz: 
Interest  on  exchanged  and  converted  stocks,  payable  in  London  and 

Amsterdam,         -  -  -  -  -        $17,783  23 

Interest  and  charges  on  J.,ouisiana  stock,  payable  in  London  and  Am- 
sterdam, ------         667,358  36 


$5,543,470  89 


Charges  on  lemittances,  per  statement  D,  herewith, 
Commissions  to  agents  in  America,  for  purchasing  bills,  per  do. 


$685,141  59 

8,076  26 

745  10 


693. 9G2  fi."> 


2.470.3r-J  OG 
$8,013,842  95 


536  FINANCE.  [1812. 

G. 

An  estimate  of  the  funds  provided,  before  the  1st  January,  1812,  for  the  payment  of  Principal  and  Interest  of  the 

Public  Debt  falling  due  after  that  day. 

I.   On  account  of  the  Foreign  Debt. 

Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  and  remittances  outstanding  on  31st  Dec. 

1810,  per  preceding  statement  B,  -  -  -  -  -  -  -       $464,826  71 

The  remittances  made  during  the  year  1811,  per  preceding  statement  D,are  as  follow,  viz: 

To  Amsterdam,     -  -  -  Gz«7rfer5,  692,576  1,  at  40  cents,         277,030  42 

To  London,  ...  -  £88,400,      at  4s.  6rf.  392,888  89 

669,919  31 


Total  to  be  accounted  for,    -  -  -  -  -  -  -  -      1,134,746  03 

The  amount  applied  during  the  year  1811,  per  preceding  estimate  F,  is  calculated  to  have  been  for  in- 
terest and  charges  in  Europe,  .--.--.         693,21785 

The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may,  therefore,  be  esti- 
mated, on  31st  December,  1811,  at        -  -  -  -  .    -  -  -         441,528  17 
The  amount  of  protested  bills  outstanding  on  the  same  day,  was  as  follows,  viz: 

Unrecovered  amount  of  A.  Brown's  and  Brown  &  Hackman's  protested  bills  for 

120,000  guilders,  per  preceding  reports.  -  $13,367  00 

J.  W.  and  Gilbert  Russell's  bill  on  Conway  &  Davidson,  of 

Liverpool,  for  £2,000  sterling,  put  in  suit  in  1811.  8,888  88 


n.  On  account  of  the  Domestic  Debt. 


22,245  88 


$463,774  05 


Amount  provided,  beyond  the  estimated  amount  of  demands  during  the  year  1811,  consisting  of  cash 

remaining  in  the  hands  of  the  treasurer,  as  agent  for  the  commissioners  of  the  sinking  fund,        -  73,711  64 

$537,485  69 


1812.] 


THE    SINKING    FUND. 


537 


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538 


FINANCE.  [1812. 


I. 


Statement  of  moneys  arising  from  interest  on  stock  transferred  to  the  United  States,  being  the  amount  draivn  by 
the  usent  to  the  trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  \8ll,  pursuant  to  the  act  of  8lh 
May,  1792,  agreeably  to  statements  made  at  the  Treasury. 

1811,  December  21.     Warrant  No.  4,158,  per  treasury  statement,  No.  24,936,     -  -  -         $1,818,374  34 

Treasury  Department,  Register's  Office,  January  30th,  1812. 


JOSEPH  NOURSE,  Register. 


K. 


Statement  of  moneys  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  Public  Debt,  in  the  year  1811, 
being  on  account  of  ryioncys  received  into  the  Treasury  from  sales  of  public  lands,  pursuant  to  the  act  of  the  3d 
March,  1795,  agreeably  to  statements  made  at  the  Treasury. 

1811.  December  21.     Warrant  No.  4,147,  per  treasury  statement,  No.  24,936,         -  -  -         $767,061  23 

Treasury  Department,  Register's  Office.  January  20th,  1812. 

'^  JOSEPH  NOURSE,  Register. 

L. 

At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  held  on  the  24th  of  April,  1811 — 
Present:  ious  7ov^,  President  of  the  Senate  pro  tern. 
James  Monroe,  Secretary  of  Slate. 
Albert  Gallatin,  Secretary  of  the  Treasury. 

The  Secretary  of  the  Treasury  reported  to  the  Board— 

"  That  the  interest  payable  on  the  public  debt  during  the  year  1811,  including  therein  the  annual 
reimbursement  on  the  six  per  cent,  and  defened  stocks,  and  the  interest  on  the  temporary  loan  obtain- 
ed on  the  31st  of  December  last  from  the  late  Bank  of  the  United  States,  is  estimated  at  -  $3,950,000 

That  the  principal  of  the  above  mentioned  temporary  loan,  and  reimbursable  according  to  contract 
during  the  present  year,  amounts  to  -----  -      2,750,000 

Making,  together,  a  sum  of       --------      6,700,000 

And  leaving  a  balance  of  -------  -       1,300,000 

To  be  applied,  during  this  year,  by  the  Commissioners  of  the  Sinking  Fund,  in  order  to  complete  the 
annual  appropriation  for  tiie  public  debt,  (if  -  -  -  -  -  ;      -  -     8,000,000 

And  that  the  market  price  of  stock  of  public  debt  being  above  that  limited  by  law  for  purchases  by  the  com- 
missioners, the  gaid  balance  can  only  be  applied  towards  the  reimbursement  of  the  six  per  cent,  converted  stock, 
created  by  virtue  of  the  act  supplementary  to  the  act,  entitled  '  An  act  making  provision  for  the  redemption  of  the 
whole  of  the  public  debt  of  the  United  States.'  " 

Wherevpon,  resolved.  That  a  sum  not  exceeding  the  balance  aforei- aid,  be  applied,  during  the  present  year, 
towards  the  reimbursement  of  the  principal  of  the  converted  six  per  cent,  stock,  in  conformity  with  the  provisions 
of  the  act  last  above  mentioned. 

JOHN  POPE,  Presulent  of  the  Senate  pro  tern. 

JAMES  MONROE,  Secretary  of  State. 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 

I  certify  tlu  foregoing  to  be  a  true  copy  of  the  original  minutes  of  the  proceedings  of  the  Board. 

Edward  Jones,  Secretary  to  the  Board  of  Commissioners. 


12t!i Congress.]  No.  367.  [1st  Session. 

DRAWBACK   OF    DUTIES. 

COMMUNICATED    TO   THE    HOUSE    OF    REPRESENTATIVES,    FEBRUARY    12,    1812. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  George 
B.  Rapelye,  and  others,  of  the  City  and  State  of  New  York,  merchants,  made  the  following  report: 

The  petitioners  state,  that  their  resjjective  iirms  purchased  of  the  firm  of  Ingraham,  Phi\;nix,  and  Nissen,  goods, 
entitled,  on  exportation,  to  the  drawback  of  duties,  and  which  the  petitioners  purchased  and  exported  under  the 
persuasion  that  the  debentures  which  issued  from  the  custom  house  would  be  duly  paid. 

In  this  calculation  tliry  have  been  disappointeil,  as  the  firm  of  Ingraham,  Phosnix,  anil  Nixsen,  which  imported 
the  goods,  and  entered  the  same  for  exportation,  has  since  failed,  without  paying  the  duties,  amounting  to  about 
ninety-six  thousand  dollars,  to  the  United  States.  The  petitioners  solicit  Congress  to  pass  an  act  directing  the  col- 
lector of  the  customs  for  the  port  of  New  York  to  pay  the  debentures  which  they  hold,  notwithstanding  tlie  duties 
have  not  been  paid  by  the  firm  of  Ingraham,  Phoenix,  and  Nixsen,  the  importers  of  the  goods. 

If  Congress  refuse  to  accede  to  tjiis  solicitation  of  the  petitioners,  they  then  pray  that  an  act  may  pass  to  au- 
thorize them  to  institute  a  suit  against  the  collector  for  the  port  of  New  York,  for  the  amount  of  the  debentures, 
inasmuch  as  the  non-payment  of  the  duties  by  the  firm  of  Ingraham,  Plioenix,  and  Nixsen,  is  iairly  chargeable  to  the 
negligence  of  the  collector,  in  not  taking  responsible  sureties  to  the  duty  bonds. 

Tlie  committee  can  see  no  ground  on  which  the  first  proposition  can  be  supported:  the  law,  in  letter  and  spirit, 
is  opposed  to  it.  The  law  says,  "'In  no  case  of  an  exportation  of  goods  shall  a  dravyback  be  paid,  until  the  duties, 
on  the  importation  thereof,  shall  have  been  first  received."  No  duties,  on  the  goods  imported  by  the  firm  of  Ingra- 
ham, Phoenix,  and  Nixsen,  have  as  yet  been  paid,  or  are  likely,  as  the  committee  understand,  to  be  paid:  the  peti- 
tioners, therefore,  are  not  entitled  to  receive  the  amount  of  their  respective  debentures.  The  law,  as  it  stands, 
clearly  evinces  tlie  soundness  of  the  principles  on  which  it  is  founded:  no  case  could  have  occurred  more  apposite 
to  prove  the  necessity  of  such  a  provision  for  the  security  of  the  treasury. 


1812.]  PLAN    FOR    INCREASING    THE    REVENUE.  539 

The  drawback  of  duties  is  allowed  on  two  grounds:  tirst.  tiie  exportation  of  goods  within  twelve  months,  calcu- 
lating honi  the  tune  o(  entiy;  antl,  secondly,  on  the  payment  of  duties  to  the  Uniteil  States,  before,  or  after,  such 
exportation. 

The  goods  may  be  exported,  but,  if  (he  duties,  on  their  importation,  are  not  paid,  there  can  be  no  legal  tight  to 
demand  the  payment  of  the  debentures.  The  wise  franiers  of  the  law  never  niteiided  that  a  system,  which  tiiey 
constructed  for  the  encouragement  of  commerce  and  enterprise,  should  operate  in  such  a  way  as  to  drain  the 
treasury.     To  sustain  the  present  application,  would,  undoubtedly,  produce  this  etfect. 

The  second  proposition  cannot,  in  any  view  in  which  it  can  be  pre.-ented  to  the  mind,  be  considered  as  tenable. 
The  collector  is  responsible  tor  the  omission  of  such  duties  as  the  laws  prescribe:  in  this  case,  if  he  has  omitted  to 
perform  a  duty  assigned  to  him,  the  United  States  arealune  the  losers— the  petitioners  only  fortuitously  so— an  acci- 
dent against  which  speculations  cannot  be  secured.  'I'he  remedy  of  the  iietitioners  is  against  the  sellers  of  tlie  mer- 
chandise. If  the  petitioneis  fail  in  oljiaining  redress  against  the  iirm  of  Ingrahani,  Phd'nix,  and  Nixsen,  in  the 
responsibility  of  which  they  contided,  iheir  case  is  remediless.  The  committee  caniiot  transceml  the  limits  of  the 
constitution,  or  the  sound  and  correct  |)rinciples  of  jurisprudence,  in  recommending  the  passage  of  a  law  which  shall 
be  endued  with  a  retro-active  operation.     'I'hey,  therefore,  submit  the  following  resolution  to  the  House: 

Resolved,  That  the  petitioners  have  leave  to  withdraw  their  petition. 


lathCoNGREss.!  No.  3(5P>.  [1st  S 


ES.^IOX. 


PLAN    FOR   INCREASING   THE   REVENUE. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,     ON  THE  I7tH  OF  FEBRUARY,    181-2. 

Mr.  Bacon  made  the  following  report: 

The  Committee  of  Ways  and  xMeans  having  taken  into  their  consideration  the  subject  of  the  i  evenue  and  expendi- 
ture of  the  United  States,  for  the  present  and  two  succeeding  years,  in  particular  reference  to  a  state  of  contem- 
plated war,  during  a  greater  portion  of  that  period,  ask  leave  to  report: 

That  the  ordinary  expenses  during  the  present  year,  grounded  on  the  estimates  already  laid  before  Congress,  are 
estimated  as  follows,  viz: 

Expenses  of  a  civil  nature,  both  foreign  and  domestic,            -                .                .               .               .  $1,260,000 

Army — exclusive  of  the  additional  military  force  authtjiiz.ed  by  the  act  of  the  present  session,  and 

iiicluding  $32,800,  for  the  service  of  militia  in  the  years  1809,  1810,  and  1811,              -                -  2,581,000 

Naval  Department,  including  the  marine  corps,      ------  3,500,000 

Arsenals,  arms,  ordnance,  repairs  of  fortifications,  including  200,000  dollars,  permanent  appropria- 
tions for  the  purchase  and  manufacture  of  arms,               -               .               .               .               _  614,000 
Indian  Department,     ---------  220,000 

Interest  on  the  public  debt,        -.-..-..  2.225,000 

Total  ordinary  expenses,  -  -  -  -  -  -  -  -  9,400,000 

That  the  actual  receipts  into  the  treasury,  during  the  same  year,  are  estimated  at  -  -  8,200,000 

Leaving  a  deficit  in  the  receipts,  of  -  -....-         $1,200,000 

Which  deficit  may,  however,  be  paid  out  of  the  moneys  remaining  in  the  treasury  at  the  close  of  the  year,  leav- 
ing a  sum  of  1,800,000  dollars  on  liand,  which,  in  the  opinion  of  the  Committee,  it  would  not  be  prudent," under  ex- 
isting circumstances,  farther  to  exhaust. 

SThat  the  extraordinary  expenses  of  the  present  year,  already  authorized  by  law,  or  which,  by  bills  pending  before 
Congress,  are  in  a  course  of  authorization,  are  as  follows: 

Ordnance  and  ordnance  stores,  camp  equipage,  and  other  quartermaster's  stores,              -                -  $1,900,000  00 

Six  companies  of  mounted  rangers,           ------                -  108^772  00 

Additional  military  force,           -                -                -                -                -                -                -                -  5,112.560  26 

Repairing  vessels  out  ot  commission,  and  purchase  of  timber  for  naval  purposes,               -               -  680,000  00 

Erection  of  additional  fortifications,          --.._.-  I.OOO.OOO  00 

Calling  out  certain  corps  of  volunteers,    -------  1,000,00000 

Calling  out  militia,      ---------  1,000,000  00 


$10,801,332  26 


Total  extraordinary  expenses,  (say)-  -...._     Sii.ooo,000  00 

The  whole  of  which  sum  it  is  necessaiy,  and  is  accordingly  proposed,  to  raise  by  loan,  conformable  to  the  bill 
herewith  reported  by  the  Committee. 

That  the  amount  of  the  principal  of  the  public  debt,  which  is  reimbursable  during  the  same  year,  consisting  of  the 
six  per  cent.,  deferred,  and  exchanged  stocks,  -  -  -  -  -  -  $2,135,000 

And,  in  the  event  of  stocks  falling  below  par,  (thereby  imposing  upon  the  commissioners  of  the  sink- 
ing fund  an  obligation  to  purchase,  in  order  to  satisfy  the  annual  appropriation  of  eight  millions 
of  dollars  for  the  reduction  of  the  public  debt)  may  amount  to  the  further  sum  of       -  -  3,640,000 

Total  amount  of  the  principal  of  the  public  debt  which  may  become  reimbursable  during  the 

present  year,         ------...  $5,775,000 

Which  sum,  it  is  also  proposed  to  authorize  the  commissioners  of  the  sinking  fund  to  borrow,  conformable  to 
such  bill  as  may  hereafter  be  reported. 

That  the  ordinary  expenses  of  Government,  for  the  year  1813,  may  be  estimated,  as  for  the  present 

year,  at  about        -  -  -  -  -  -  -  -  -  $9,000,000 

To  which  must  be  added  the  Interest  then  accruing  on  the  loan  proposed  to  be  authorized  tbi-  the 

service  of  the  present  year,  estimating  the  same  at  six  per  cent.,  and  amounting  to      -  -  660,000 

Making  the  re  venue  necessary  to  be  provided,  for  paying  the  ordinary  expenses  and  interest  on  loans 
for  that  year,  (and  leaving  the  extraordinary  expenses  of  the  year  also  to  be  provided  for  by 
loans)    -  -  -  -  -  -  -  -  -  -  9,660,000 

That  the  receipts  into  the  treasury,  from  the  present  sources  of  revenue,  during  that  year,  calculat- 
ing on  a  state  of  war,  during  a  greater  portion  of  the  present  year,  are  estimated  (conjecturally)  at  3,100,000 

Leaving  a  deficiency,  to  be  provided  for  by  additional  revenues  to  be  received  during  that  year,  of  $6,560,000 


540  *  '  FINANCE.  [1812. 


Estimating  the  ordinary  expenses  of  1814,  as  for  the  present  year,  at  about        -  -  -  $9,000,000 

And  adding  tlie  interest  accruing  on  the  loan  proposed  for  the  present  year,      -  -  -  660,000 

And  also  the  interest  then  accruing  on  the  loan  ^yhich,  in  all  probability,  may  be  necessary  to  cover 
the  extraordinary  expenses  of  1813,  which  it  would  not  be  prudent  to  calculate  at  less  than 
eleven  millions,       ..-------  660,000 

Makin''  the  revenue  necessary  to  be  provided,  for  paying  the  ordinary  expenses  and  interest  on  loans 

for  tliat  year,  (and  leaving  tiie  extraordinary  expenses  of  the  yeai'  also  to  be  provided  for  by  loans)  10,320,000 

Estimating  the  receipts  into  tlie  treasury,  from  the  present  sources  of  revenue,  during  that  year,  at  3,100,000 

Leaving  a  deficiency,  to  be  provided  for  by  additional  revenues,  to  be  received  during  that  year,  of  $7,220,000 

Under  this  prospective  view  of  the  financial  situation  of  the  Goyeniment,  it  became,  in  the  judgment  of  the  Com- 
mittee, their  imperious  duty,  as  well  in  reference  to  the  obligations  incumbent  upon  them  from  the  general  trust  with 
which  they  were  clothed,  as  also  in  deference  to  that  portion  of  the  message  of  the  President  of  the  United  States, 
which  had  been  specially  referred  to  their  consideration,  to  enter,  as  early  as  possible,  upon  a  system  of  ways  and 
means,  calculated  to  provide  a  revenue,  ''sufficient,  at  least,  to  defray  the  ordinary  expenses  of  Government,  and  to 
pay  the  interest  on  the  public  debt,  including  that  on  new  loaiis  \^hicll  may  be  authorized."'  Any  provision  falling 
short  of  this  requisition,  would,  in  the  opinion  of  the  Committee,  betray  an  improvidence  in  the  Government,  tend- 
ing to  impair  its  general  character,  to  sap  the  foundations  of  its  credit,  and  to  enfeeble  its  energies,  in  the  prosecution 
of  the  contest  into  which  it  may  soon  be  driven,  in  defence  of  its  unquestionable  rights,  and  for  the  repulsion  of 
long  continued  and  most  aggravated  aggressions.  Should  the  ruinous  system  of  relying  altogether  upon  the  aid  of 
loans,  for  defraying  not  only  the  extraordinary  expenditures  of  the  present  and  succeeding  years,  but  also  a  large 
portion,  botii  of  the  ordinary  expenses  of  the  Government,  and  the  interest  on  the  public  debt,  including  that  on 
new  loans,  be  suftined  to  prevail,  and  no  additional  revenues  be  seasonably  piovided,  it  will  result,  that  the  loans 
which  it  may  be  necessary  to  authoriz.e,  during  the  year  1813,  must  amount  to  at  least  17,5(30.000  dollars;  and  for 
1814,  to  18,220,000  dollars — an  operation,  which,  by  throwing  into  the'market  so  large  an  amount  of  stock,  accompa- 
nied\vith  no  adequate  provision  for  paying  even  the  interest  accruing  on  such  as  may  be  created,  but  relying  alto- 
gether upon  the  decreasing  ability  to  boriow  for  the  purpose  of  paying  such  interest,  must  have  a  most  unliivorable 
effect  upon  the  general  price  of  public  stocks,  and  the  consequent  terms  of  the  loans  themselves.  It  may  be  added 
that  a  system  of  that  sort  would,  it  is  believed,  be  found  to  be  altogether  unprecedented  in  the  financial  history  ot  any 
wise  and  regular  Government,  and  must,  if  yielded  to,  produce,  at  no  distant  period,  that  general  state  of  public  dis- 
credit which  attended  the  national  finances  during  the  war  of  the  Revolution,  and  which  nothing  but  the  peculiar 
circumstances  of  the  country,  and  the  want  of  a  well-organized  and  efficient  Government,  during  the  period  of  that 
Revolution,  could  at  all  justify.  ..        ,,  -  ,     <-       , 

To  have  withheld  from  the  public  view  a  fair  exposition  of  the  probable  state  o(  the  fiscal  concerns  of  the  Govern- 
ment, under  the  very  first  pressure  of  active  war,  or  to  have  deferred  subinitting  to  the  House  such  a  system,  as,  in 
tlie  opinion  of  the  Committee,  was  indispensable,  to  place  the  revenue  of  the  country  upon  a  basis  commensurate 
with  the  public  exigencies,  would,  in  their  judgment,  at  once  have  evinced,  in  the  eyes  ot  foreigti  nations,  an  imbe- 
cility of  action  and  of  design,  the  effects  ol'  which  must  be  too  obvious  to  be  mistaken:  and,  as  it  regards  our  own 
country,  would  have  indicated  a  policy,  as  feeble  and  short- sighted  as  it  must  have  been  considered  deceptive  and 
disingenuous;  as  unworthy  the  rulers  of  a  free  and  enlightened  nation,  as,  in  its  result,  it  would  have  been  found 
fatal  to  its  interests,  and  paralyzing  to  all  its  efforts.  It  is  obvious  that  the  whole  amount  which  it  is  necessary  to 
raise,  in  order  to  meet  the  anticipated  deficit  of  revenue  for  the  ensuing  years,  is  indeed  "  moderate,  when  compared, 
either  with  the  population  and  wealth  of  the  United  States,  or  with  the  burthens  laid  on  European  nations  by  their 
Governments." 

To  doubt  either  the  "  will  or  ability"  of  the  People  of  the  United  States  to  bear  such  burthens  as  are  indispensa- 
ble to  this  end,  would  be  to  doubt  their  dispositions  to  meet  seriously  the  contest  which  is  presented  to  them,  and 
would  go  far  to  prove,  that  it  had  better  not  have  been  attempted. 

To  diiubt  the  readiness  of  the  Government  to  bring  "promptly  and  efficiently"  into  action  the  necessary  resour- 
ces of  the  nation,  would  be  to  cast  a  distrust  over  the  sincerity  of  those  pledges  which  they  have  so  recently  and 
distinctly  given  to  the  world  in  that  respect,  and  would  imply  a  suspicion  of  their  firmness  or  forecast,  not  for  a  mo- 
ment to  be  entertained.  ,.  ,   .  ,      ,  r  ,     r^ 

For  a  more  full  and  distinct  elucidation  of  the  general  subject  which  it  has  become  the  duty  of  the  Committee  to 
present  to  the  House,  they  beg  leave  to  refer  to  the  letter  of  the  Secretary  of  the  Treasury,  in  answer  to  the  seve- 
ral inquiries  made  of  him  by  tlieir  order,  and  which  has  heretofore  been  laid  before  the  House,  concurring,  as  they 
most  fully  do,  in  the  general  opinion  expressed  by  him,  "  That  what  appears  to  be  of  vital  importance,  is,  that  the 
crisis  should  at  once  be  met  by  the  adoption  of  efficient.measures.  which  will,  with  certainty,  provide  means  commen- 
.surate  with  the  expense;  and.  by  jtreserving  unimpaired,  instead  of  abusing,  that  public  credit  in  which  the  public 
resources  so  eminently  depend,  "will  enable  the  United  States  to  persevere  in  the  contest,  until  an  honorable  peace 
shall  have  been  obtained." 

It  is  then  proposed  by  the  Committee,  that  the  additional  revenue  which  will  be  necessary  '"  to  defray  the  ordi- 
nary expenses  ot  Government,  and  to  pay  the  interest  on  the  public  debt,  including  that  on  new  loans,  which  may 
be  authorized,"  should  be  immediately  provided  for,  in  the  following  modes,  viz: 

I.  Additional  duties  of  impost  and  tonnage. 

1st    An  increase  of  the  duties  now  payable  by  law  on  imported  merchandise,  calculated  to  yield  a  nett 

revenue  of $2,500,000 

2d.  A  further  retention  on  the  amount  of  all  drawbacks  allowed  by  law  on  the  exportation  of  goods, 

wares  ami  merchandise,  calculated  to  yield  a  nett  revenue  of             -            -            -            -            -  100,000 

3d.   An  additional  tonnage  duty  on  American  and  foreign  vessels,  calculated  to  yield  a  nett  revenue  of  200,000 

4th.  A  duty  on  all  salt  imported,  calculated  to  yield  a  nett  revenue  of  -           -           -           -           -  400,000 

Total  nett  amount  of  revenue,  estimated  from  additional  duties  of  impost  and  tonnage,  -     $3,200,000 

II.  Internal  duties. 

1st.  A  duty  on  licences  to  distil  spirits  from  foreign  and  domestic  materials,  calculated 

to  yield  a  gross  revenue  of  -  -  -  -  -  -  -  -        $275,000 

9d.  A  duty  on  licences  to  retailers  of  wines,  spirits,  and  foreign  merchandise,  including 

tavern  keepers,  calculated  to  yield  a  gross  revenue  of    -----  500,000 

3d.  A  duty  on  sales  at  auction  ot  foreign  merchandise,  and  of  vessels,  calculated  to  yield 

a  gross  revenue  of  '       .     '  '        "  "  '  '  "  '  '  150,000 

4th  A  duty  on  all  sugars  refined  in  the  United  States,  calculated  to  yield  a  gross  reve- 
nue of         -  -  -  -  -  -  -  -      .      -  -  200,000 

5th    A  duty  on  carriages  used  for  the  conveyance  of  persons,  calculated  to  yield  a  gross 

"revenue  of  -  -  \      .  .'  "       ,     ■   ,         "  "  '  "  150,000 

6th.  A  duty  on  various  instruments  of  writing,  to  be  collected  by  means  of  stamps,  calcu- 
lated to  yield  a  gross  revenue  of  -  -  -  -  •  -  -  -  450,000 

Total  gross  amount  of  revenue,  estimated  from  internal  duties,        .  -  -  .    $1,725,000 


1812.]  PLAN   FOR  INCREASING   THE  REVENUE.  541 


III.  Direct  tax. 

A  direct  tax  to  be  laid  and  apportioned  among  the  several  States  according  to  the  rule 

prescribed  by  the  constitution — gross  amount,     ------      $3,000,000 


Total  gross  amount  estimated  to  be  received  from  internal  duties  and  direct  tax,  when 

they  shall  be  ertectually  organized,  (or  in  1S14)  -  -  .  -  .     $4,725,000 

Deduct  expense  of  assessment,  collection,  and  losses,  at  about  15  per  cent.  -  -  700,000 


Nett  amount,  estimated  from  internal  duties  and  direct  tax  for  1814,         -  -  -     $4,0-25.000 


4,0-25.000 


Nett  amount  estimated  from  additicmal  duties  ot  import  and  tonnage,  internal  duties,  and  direct  tax. 

for  1814,  ............    $.7,225,000 

But  which,  on  account  of  the  ineffectual   organization  ul  the  internal  duties  and   direct  tax.  may  not 

yield,  in  1813,  that  amount,  by  a  sum  of "         -  -  -  -  -  -  -    '       .  650,000 


Leaving  the  nett  amount,  estimated  for  1813,        -----...     $6,575,000 

And  for  this  purpose  the  committee  recommend  to  the  House  the  adoption  of  the  following  resolutions,  viz: 

1st.  Resolved,  That  an  addition  of  1 00  per  cent,  be  made  to  the  several  rates  of  permanent  <luties  now  imposed  by 
law  on  ail  goods,  wares,  and  merchandise,  imported  into  the  United  States. 

2d.  Resolved,  That  25  per  centum  be  retained  on  all  the  drawbacks  allowed  by  law.  on  the  exportation  of  goods, 
wares,  and  merchandise,  exported  from  tiie  United  States. 

3d.  Resolved,  That  additional  tonnage  duties  be  laid  at  the  following  rates,  viz: 

1.  On  ail  vessels  licenced  for  the  coasting  trade  or  fisheries.  20  cents  per  ton  a  year; 

2.  On  all  other  vessels,  owned  by  citizens  of  the  United  States,  25  cents  per  ton  on  the  entiy  of  the  vessel: 

3.  On  all  foreign  vessels,  one  dollar  and  twenty-five  cents  per  ton  on  the  entry  of  the  vessel. 

4th.  Resolved,  That  a  duty  of  20  cents  per  bushel  be  laid  upon  all  salt  imj)orted  into  the  United  States. 
5th.  Resolved,  That  duties  be  laid  on  licences  to  distil  spirits,  at  the  follow  ing  rates,  viz: 

1.  On  stills  employed  in  distilling  spirits,  from  foreign  materials,  at  the  rate  of  75  cents  per  gallon  on  the  capacity 
of  such  stills; 

2.  On  stills  solely  employed  in  distilling  spirits  from  domestic  materials,  at  any  distillery,  at  which  there  are 
one  or  more  stills  of  more  capacity  together  than  150  gallons,  at  the  rate  of  50  cents  per  gallon  on  the  capacity  of 
such  stills; 

3.  On  other  stills,  ?olely  employed  in  distilling  spirits  from  fruit,  at  the  rate  of  5  dollars  on  each  still,  a  year; 

4.  On  other  stills,  solelj'  employed  in  distilling  spirits  from  any  domestic  materials,  at  the  rate  of  15  dollars  on 
each  still,  a  year. 

6th.  Resolved.  That  duties  be  laid  on  licences  to  retailers  of  wines,  spirits,  and  foreign  merchandise,  including 
tavern  keepers,  at  the  following  rates,  viz: 

If  in  cities,  towns,  or  villages,  containing  more  than  one  hundred  families — 

I.  On  retailers  of  foreign  merchandise,  including  wines  and  spirits,  25  dollars; 
2    On  retailers  of  wines  alone,  20  dollars; 

3.  On  retailers  of  spirits  alone,  20  dollars; 

4.  On  retailers  of  domestic  spirits  alone,  15  liollars: 

5.  On  retailers  of  foreign  merchandise,  other  than  wines  and  spirits.  15  dollars. 

If  in  any  other  place  than  cities,  towns,  or  villages,  containing  more  tlian  one  hundred  families — 

1.  On  retailers  of  foreign  merchandise,  including  wines  and  spirits.  15  dollars; 

2.  On  retailers  of  wines  and  spirits.  15  dollars; 

3.  On  retailers  of  domestic  spirits  alone,  10  dollars; 

4.  On  retailers  of  foreign  merchandise,  other  than  wines  and  spirits,  10  dollars. 

7th.  Resolved,  That  duties  be  laid  on  sales  at  auction  of  foreign  merchandise,  for  every  hundred  dollars  of  the 
purchase  money,  two  dollars;  and  on  sales  at  auction  of  ships  or  vessels,  for  every  hundred  dollars  of  the  purchase 
money,  twenty-five  cents. 

8th.  Resolved.  That  a  duty  of  four  cents  per  pound  be  laid  on  all  sugars  refined  in  the  United  States,  allowing 
a  drawback  on  the  exportation  of  the  same. 

9th.  Resolved.  That  duties  be  laid  on  carriages,  used  for  the  conveyance  of  persons,  at  the  following  rates,  viz: 

1.  On  every  coach,  chariot,  and  postchaise.  25  dollars; 

2.  On  every  phaHon.  ami  on  every  coachee  having  pannel  work  in  the  upper  divi-ion  thereof,  15  dollars; 

3.  On  every  other  four  wheel  carriage,  hanging  on  steel  springs.  10  dollars; 

4.  On  every  four  wheel  carriage  hanging  upon  iron  or  wooden   springs,  and   on  e\ery   two   wheel  carriage 

with  a  top.  or  hanging  on  steel  or  iron  springs,  5  dollars:  ^ 

5.  On  every  other  four  or  two  wheel  carriage.  3  dollars. 

10th.  Resolved,  That  stamp  duties  be  laid  on  the  following  instruments  of  writing,  viz: 

1.  On  all  notes  payable  to  bearer,  or  order,  issued  by  any  bank  or  bankers,  at  rates  on  an  average  of  one  dollar 
for  every  hundred  dotlars.  with  an  option  to  pay.  in  lieu  thereof,  2^  per  centum  on  their  dividends; 

2.  On  all  notes  of  hand  above  fifty  dollars,  payable  to  bearer,  or  order,  having  one  or  more  endorsers,  and  on  all 
bills  of  exchange  above  fifty  dollars,  having  one  or  more  endorsers,  at  rates,  on  an  average,  of  five  cents  fiir  every 
hundred  dollars. 

11th.  Resolved.  That  three  millions  of  dollars  be  raised  by  a  direct  tax.  to  be  apportioned  among  the  several 
States,  agreeably  to  the  rule  prescribed  by  the  constitution. 

12th.  Resolved,  That  each  State  be  authorized  to  pay  the  amount  of  its  quota  to  the  United  States,  with  a  deduc- 
tion of  15  per  cent,  if  paid  before  the  assessment  is  cominencetl.  and  of  7^  per  cent,  if  paid  before  the  tax  becomes 
due. 

13th.  Resolved,  That  all  the  duties  above  enumerated,  and  the  tax  aforesaid,  shall  be  laid  and  become  payable 
only,  after  the  United  States  shall  have  become  engaged  in  a  war  with  a  foreign  European  nation:  or  shall  have 
authorized  the  issuing  of  letters  of  marque  and  re})risal  against  the  subjects  of  such  nation. 

14th.  Resolved,  That  the  said  duties  and  tax  shall  continue  until  one  year  after  the  conclusion  of  peace  with 
such  foreign  nation,  and  no  longer. 


69  ft 

/ 


542  FINANCE.  [1812. 


12th  Congress.]  No.    369.  [1st  Session. 

DUTIES    AND    DRAWBACKS. 

OOMMl.'MCATKI)  TO  THK  HOUSE  OF  UEPKESENTATIVES,  FEBRUARY  28,  1812. 

Treasury  Department,  February  27,  1812. 
Sir: 

I  have  the  lionor  to  transmit,  lierewith,  a  statement  ol  the  gross  and  nett  amount  of  the  customs,  prepared  in 
obedience  to  a  resolution  of  the  House  of  Representatives,  of  the  llth  ultimo,  and  accompanied  by  an  explanatory 
letter  from  the  Register  of  the  Tieasurj'. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Register's  Office,  February  27,  1812. 
Sir: 

Agreeably  to  a  resolution  of  the  House  of  Representatives,  of  the  llth  January.  1812,  1  have  the  honor  to 
transmit,  herewith,  a  statement  of  the  gross  and  nett  amount  of  the  customs,  together  with  the  amount  of  draw- 
backs, &c.  and  expenses  of  collection,  in  each  State  and  territory,  from  the  commencement  of  the  present  Govern- 
ment, annually,  to  the  31st  day  of  December,  1810. 

In  making  this  exhibit,  it  was  deemed  most  advisable  to  have  it  correspond  with  the  printed  public  accounts,  for 
which  purpose  an  additional  column  for  bounties  and  allowances  is  introduced,  which,  although  not  called  for 
by  the  resolution,  it  is  presumed  will,  however,  be  satisfactory. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  obedient  servant, 

JOSEPH  NOURSE,  Register. 
Honorable  Albert  Gallatin. 


I. 


1812.] 


DUTIES    AND    DRAWBACKS. 


543 


Stu/ement  exhUntmg  I'lc  g7-o.ss  and  nelt  amount  of  the  customs,  together  ivllh  the  amount  of  dritirbacks,  f-:r.  and 
expenses  of  colleetion,  in  each  State  and  Territonj,  from  the  commencement  of  the  present  Government,  annu- 
ally, to  the  31  A/  dau  of  December,  ISIO. 


From  till.'  comiiioncoment  of  the 

pre.scnt  (iovcriiment  to  tlu-  "1st  Decenilier,  1791. 

Gross  amount  of 

Payments  for 

STiTKS. 

Duties  on  merchan- 

Drawbacks on 

Bounties  on  salt- 

E.\pcnses of  pro- 

Xilt Revenue. 

dise,  tonnage,  fines, 

merchandise. 

ed  fish. 

secutions  and  col- 

penahics, and  for- 

lection. 

feitures. 

344    19 

New  Hampshire, 

60,005  26 

855  44 

5,77'2  48 

.-.3.033    15 

Vermont, 

. 

- 

- 

- 

Massachusetts,    - 

1.081,372   19 

19,130   19 

25,046  59 

59,279   17 

977,916  24 

Rhode  Ishmd. 

I5('.,607  87 

521   87 

1,928   13 

7,619   45 

146,538  42 

Connecticut, 

•2-23, 355  27 

- 

1,278  37 

15.395  27 

206.681   63 

New  York, 

1.415,449  33 

22,289  20 

382  79 

28,267  00 

1.364.510  34 

New  Jersey. 

16,448  88 

- 

7  00 

1,537  89 

14,903  99 

Pennsylvania, 

1.535,970  66 

8,976   17 

- 

35,970  88 

1,491,023  61 

Delaware, 

43,546  56 

138  .32 

- 

2.482  48 

40,925  76 

Maryland, 
V'irgmia, 

680,-292  48 

13,584  94 

14  50 

25,672  99 

(141,020  05 

878,909  51 

904  68 

27  90 

26,059  41 

851,917  52 

North  Carolina. 

122,025  37 

29  45 

141   60 

0,813  57 

115,010  75 

South  Carolina, 

560,874  24 

3,684  78 

- 

18.405  86 

.'>38,783  60 

Georgia, 

98,926  04 

202  06 

- 

6.725  21 

91,998  77 

Total,  Dollars, 

6,873,783  66 

69,805  85 

29.682  32 

240.031    00 

6.534,263  83 

From  tlie  1st  of  January  to  the  31st  o 

'  December,  1792. 

Gross  amount  of 

Payments  for 

STATES. 

Duties  on  merchan- 

Drawbacks on 

Drawbacks  on  do- 

E.xpenses of  pro- 

Nett Revenue. 

dise,  tonnaa^e,  fines, 

merchandise. 

mestic  spirits,  boun- 

secutions and  col- 

penalties,  and   for- 

ties on  fish  and  pro- 

lections. 

feitures. 

visions. 

New  Hampshire, 

47,149  39 

383  21 

1,872  85 

3,771   26 

41,422  07 

Vermont, 

1,038  19 

- 

- 

295   18 

743  01 

Massachusetts,    - 

835,268  93 

12,009  71 

111,6.52  29 

33,360  27 

678,246  66 

Rhode  Island,     - 

104,079   12 

12.714  91 

39,087  91 

0,263  50 

46,012  80 

Connecticut, 

152,391   06 

32  67 

2,907  36 

7,362    !6 

142,088  57 

New  Yiirk. 

1,256,738  99 

45.592  24 

16.769  78 

24,567  44 

1.169,809  53 

New  Jersey. 

5,769  01 

- 

18  20 

987  48 

4,763  33 

Pennsvlviuii.i. 

1,156,901   33 

■37,752  66 

830  99 

21,489  58 

1,096,828   10 

1)L>iaware, 

21,832  41 

- 

- 

2,755   13 

19.077  28 

?.laryland. 

194,569  29 

24.039  54 

3,931   79 

17.305  98 

449,291   98 

Virginia, 

494,441    15 

1,736  22 

1,252  64 

16,9.57  00 

474,195  29 

North  Carolina. 

85,648  60 

160  98 

383  80 

7,040  97 

78,062  85 

South  Carolina, 

380,051   49 

3.360  33 

2,492  77 

13,289   16 

360.909  23 

Georgia, 

59,740  57 

79   12 

- 

6,487  54 

53,173  91 

Total,  Dollars, 

5,095,919  53 

137.861   59 

181,200  38 

161,932  95 

4.614,924   61 

3M' 


FINANCE. 


[1812. 


STATEMENT— Continued. 


STATES. 


New  Hampshire, 
Vermont, 
Massacliusetts, 
Rhode  Island, 
Connecticut, 
New  York, 
New  Jersey, 
Pennsylvania,     - 
Delaware, 
Maryland, 
Virginia, 
North  Carolina, 
South  Carolina, 
Georgia, 


Total, 


From  the  1st  of  January  to  the  31st  of  December,  1793. 


Gross  amount  of 


Duties  on  merchan- 
dise, tonnage,  fines, 
penalties,  and  for- 
feitures. 


$5-2,6.^7   21 

585  81 

1,142,453  42 

182,910  93 

172,834  72 

1,267,300  32 

17,242  77 

1,940,609  90 

61,017  60 

948,853  59 

408,927  39 

70,570  80 

412,930  33 

42.110  83 


$6,720,985  62 


Payments  for 


Drawbacks  on 
merchandise. 


fl83  41 

37,138  28 
2,886  01 
1,197  71 

42,560  70 

102,659  26 

32  86 

54,643  83 

2,857  39 

80  74 

35,412  94 

157  70 


$279,809  83 


Drawbacks  on  do- 
mestic spirits, 
bounties,   and 
allowances. 


$3,515  57 

119,378  93 

.38.483  32 

6,556  53 

3,715  23 

114  47 

1,282  23 

61  43 

2,006  86 

1,442  42 

184  50 

3,006  79 


$178,748  28 


Expenses  of  pro- 
secutions and  col- 
lection. 


$5,032  59 

417   14 

35,775  95 

7,669  93 
10,216  83 
25,288  24 

1,255  19 
32,349  98 

3,455  31 
22,522  36 
16,436  59 

6,538  64 
15,396  70 

6,559  57 


$188,915  02 


Nett  Revenue. 


$44,905  64 

168  67 

950,160  26 

133,871  67 

154,863  65 

1,195,736  15 

15,873   11 

1,804,318  43 

57,468  00 

869,681   54 

388,190  99 

63,766  93 

359,113  90 

35,393  56 


$6,073,512  49 


STATES. 


Duties  on  merchan- 
dise, tonnage,  fines, 
penalties,  and  for- 
feitures. 


New  Hampshire, 
Vermont, 
Massachusetts, 
Rhode  Island,    - 
Connecticut, 
New  York, 
New  Jersey, 
Pennsylvania,     - 
Delaware, 
Maryland, 
Virginia, 
North  Carolina, 
South  Carolina, 
Georgia, 


Total, 


From  tlie  1st  of  January  to  the  31st  of  December,  1794. 


Gross  amount  of 


$52,404  46 

2,051   50 

1,485.185  30 

147,185  29 

188,499  34 

2,161,208  07 

16,007  38 

2,012,334  06 

28,908  50 

1,232,158  85 

429,958   14 

87,521   05 

729,183  97 

98,589  72 


^,671,195  63 


Payments  for 


Drawbacks  on 
merchandise. 


$4,482  30 

327,594  15 

25,019  72 

376  16 

266,302  51 

158  45 

502,446  87 

498  27 

407,668  80 

23,076  36 

56,037  90 
1,912  95 


1,615,574  44 


Drawbacks  on   do- 
mestic spirits, 
bounties,  and 
allowances. 


$3,202  42 

110,001   20 

23,683  81 

5,740  57 

3,575  73 

23  01 

381  75 

1,629  11 

248  86 

305  72 

1,386  55 


$150,178  73 


Expenses  of  pro- 
secutions and  col- 
lection. 


Nett  Revenue. 


$5,921  41 

630  53 

42,705  53 

9,057  71 
10,553  56 
31.045  65 

1,135  04 
35,509  12 

3,819  82 
27,687  70 
16,936  42 

8,419  01 
19,843  48 

8,863  62 


$222,128  60 


$38,798  33 

1,420  97 

1,004,884  42 

89,424  05 

171,829  05 

1,860,284  18 

14,690  88 

1,473,996  32 

24,590  41 

796,173  24 

389,690  50 

78,796  32 

651,916  04 

87,813  15 


$6,683,313  86 


1812.J 


DUTIES    AND    DRAWBACKS. 


545 


STATEMENT— Continued. 


From  the  1st  of  January  to  the  31st  of  December,  1795. 

Gross  amount  of 

Payments  for 

STATES. 

Duties  on  merclian 

Drawbacks  on 

Drawbacks  on  do- 

E.xpenses of  pro- 

Nett Revenue. 

ilise,  tonnag-e,  fines 

merchandise. 

mestic  spirits,  su- 

secutions  and 

penalties,   and   for 

gar,  bounties,  anc 

collection. 

feitures. 

•lUowances. 

New  Hampsliire, 

1 

$G0,338  81 

$8,097  28 

$1,961   83 

$5,977  31 

$44,302  39 

Vermont, 

1,226  55 

- 

- 

502  92 

723  63 

Massachusetts,    - 

2,018,296  77 

457,434  78 

90.716  89 

54,985  91 

1,415,169   19 

Rhode  Island,    - 

349,695  74 

63,788  60 

39,757  86 

11,498  59 

244,650  69 

Connecticut. 

172.026  05 

1.795  61 

3,170  53 

11,892  82 

155,167  09 

New  York, 

3.735,204   17 

688,172  19 

5.669  78 

40,672  58 

2,000,689  62 

New  Jersey, 

21.104  96 

2,562  67 

44   10 

1,638  72 

16,859  47 

Pennsylvania,     - 

3,067,739  01 

752,550   17 

865  83 

42,699  64 

2,271,633  38 

Delaware, 

32,537  31 

4,194  29 

49  35 

3,790  82 

34,502  85 

Maryland, 

1.348,503  85 

789.167  01 

1,895  46 

33,794  45 

533,646  93 

\irginia, 

463,950  73 

49,280  77 

103  30 

16,686  96 

396,880  80 

North  Carolina. 

109,845  96 

1,032  14 

211   50 

8,725  58 

99,876  74 

South  Carolina, 

791,616  26 

60,650  48 

266  63 

20,246  61 

710,452  54 

Georgia, 

82,646  86 

20,049  80 

- 

7,733  68 

54.864  38 

Total,    - 

$11,253,733  03 

$2,898,765  79 

$134,711   95 

$360,845  59 

$7,959,409  70 

From  the  1st  of  Ja 

nuary  to  the  31st  of 

December,  1796. 

Gross  amount  of 

Payments  for 

STATES. 

Duties  on  merchan- 

Drawbacks on 

Drawbacks  on  do- 

Expenses of  pro- 

Nett Revenue. 

dise,  tonnag'e,  pass- 

merchandise. 

mestic  spirits,  su- 

secutions  and 

ports,    and  clearan- 

gar, snuff,   boun- 

collection. 

ces,  &c. 

ties,  &c. 

New  Hampsliire, 

$96,938  76 

$33,877  39 

$2,103  94 

$7,437  24 

$53,  .520   19 

Vermont, 

2.132  70 

- 

- 

453  75 

1.679  95 

Massachusetts,    - 

3,377,456  98 

814,373  84 

161.470  73 

66,847  74 

1,334,764  67 

Rhode  Island,     - 

342,637  87 

150,695  26 

39,760  46 

14,477   14 

137,705  01 

Connecticut, 

193,370  36 

33,685  33 

4,003  91 

14,279   19 

141,402  93 

New  York, 

3,078,003  37 

865,877  43 

9,996   13 

43,706  28 

2,158,422  53 

New  Jersey, 

1,848  43 

932  60 

- 

1,765  27 

Pennsylvania, 

3.661,329  88 

1,586,064  78 

15,893  65 

46,637  74 

2,012.741  71 

Delaware, 

47,043  36 

29,871  00 

- 

4,849  34 

12,322  02 

Maryland, 

1,642,635  69 

842,803  44 

2,806  40 

35,307  64 

761,818  21 

Virginia, 

662,686  88 

43,707  38 

373  60 

20.429  05 

598,276  95 

North  Carolina. 

89,774  44 

10,421   32 

681  76 

9,923  31 

68,749  15 

South  Carolina, 

420,043  59 

346,447  80 

310  25 

17,381   04 

56,004  50 

Georgia, 

65,966  09 

25,293  65 

18  00 

9,095  88 

31,559  56 

Total,    - 

$13,681,866  40 

$4,784,050   12 

$237,216  83 

$392,478  51 

$7,368,970  38 

The  nett  amount  of  revenue  exhibited  in  the  above  statement,  is  .  -  .  .         $7,368,970  38 

From  which,  deduct  excess  of  expenditure  beyond  tiie  duty  in  the  State  of  New  Jersey,       -  849  44 

True  nett  amount  of  duties,  &.C.      -  -  .         $7,368,130  94 


546 


FINANCE. 


[1812. 


STATEMENT— Continued. 


From  the  Istof  January  to  the  3Istof  December,   1797. 

Gross  amount  of 

Payments  for 

STATES 

Duties  on  Merchan- 
dise, tonnag-e,  pass- 
ports, and  clearan- 
ces, &c. 

Drawbacks  on 
merchandise. 

Drawbacks  on  do- 
mestic spirits,  su- 
gar, snuff,  boun- 
ties, &c. 

Expenses  of  pro- 
secutions and  col- 
lection. 

Nett  Revenue. 

New  Hampshire. 

Vermont. 

Massachusetts, 

Rhode  Island,    - 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania,    - 

Delaware, 

Maryland, 

Virginia, 

North  Carolina. 

South  Carolina. 

Georgia, 

Tennessee, 

45,817  01 

2,201,101   26 

403,211   72 

163,396  71 

2,977,663  32 

11,028  60 

2,925,016  26 

55,912  93 

2,021,042  51 

703,819  33 

119,857  23 

1,297,387  16 

75,615  97 

235  74 

8,827  68 

636,721  57 
95,985  93 
30,398  48 

862,013  71 

1,086,839  11 

14,088  19 

834,089  92 

70,251   62 

1,254  20 

564,203  44 

3,054  58 

2,197  30 

126,626  22 

14,258   75 

2,588  53 

9,251   90 

28,530  57 

221   04 

3,495  51 

337   18 

224  43 

1,770  86 

7,005  28 

65,444  85 
16,578  27 
15,367   10 
46,810  53 

2,054   12 
66,369   10 

5,838  54 
38,324  55 
27.085   17 
13,071   43 
31,175  58 
10,473  87 
99  21 

27,726  76 

1,372,308  62 

276,388  77 

115,042  60 

2.059,587   18 

8,974  48 

1,743,271  48 

35,765  16 

1,145,132  53 

606,145  36 

105,307   17 

700,237  28 

62,087  52 

136  53 

Total,  Doll  CITS, 

13,001,105  75 

4,207,728  43 

189,508  29 

345,757  60 

8,258,111  43 

From  the  1st  of  January,  to  the  31st  of  December,  1798. 

Gross  amount  of 

Payments  for 

STATES. 

Duties  on  merchan- 
dise, tonnag-e,  pass- 
ports,   and  clearan- 
ces, &c. 

Drawbacks  on 
merchandise. 

Drawbacks  on  do- 
mestic spirits,  su- 
gar, snuff,   boun- 
ties, &c. 

Expenses  of  pro- 
secutions and  col- 
lection. 

Nett  Revenue. 

New  Hampshire. 
Vermont, 
Massachusetts.   - 
Rhode  Island,    - 
Connecticut, 
New  York, 
New  Jersey, 
Pennsylvania.     - 
Delaware, 
Maryland. 
Virginia, 
North  Carolina, 
South  Carolina. 
Georgia, 
Tennessee, 

100,777  52 

2,437  98 

2,159,549  88 

252,882  77 

184,962  27 

2,729,963  20 

18.296   15 

2,098,921   69 

85,016  76 

2.412,074   11 

690,495  66 

142,030  21 

643,688  58 

428  67 

565  55 

9.618  .^0 

800,094  32 

112,874  74 

37,819   15 

916,281   63 

10,589  13 

1,018,127  13 

18,709  50 

1,483.322  33 

25,837  99 

5,804  12 

360,419   64 

2,270  45 

118,995  81 

20,243   11 

5,086  58 

5,327   18 

3,767  79 

809  83 

256  20 

521  59 

2,803  54 

22.616  04 

1,281    18 

72,373  47 

14,813  63 

14,976  33 

54,765  75 

4,210  13 

47,449  05 

8,583  62 

12,928  38 

34,989  43 

14,715  33 

40,942  94 

1,261   45 

156  70 

72,272  44 

1,156  80 

1,168,086  28 

104,951   29 

127.080  21 

1,753,588  64 

3,496  89 

1,029,577  72 

57,723  64 

885,013  57 

629,412  04 

120,989   17 

239,522  46 

408  85 

Total,  Dollars, 

11.528,091   00 

4,799,498  27 

160,082  08 

376,063  43 

6,193,280  00 

The  nett  amount  of  revenue  exhibited  in  the  above  statement,  is 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Georgia, 

True  nett  amount  of  duties,  &c. 


$6,193,280  00 
832  78 

$6,192,447  22 


1812.] 


DUTIES   AND   DRAWBACKS. 


547 


STATEMP:NT— Continued. 


From  tlie  1st  of  January  to  the  3 1st  o 

'  December,  1799. 

Gross  :imount  of 

Payments  for 

STATES  AND   TERRITORY. 

Nett  Revenue. 

Duties  on  merchan- 

Drawbacks on  mer- 

Drawbacks on  do- 

Expenses of  prose- 

dise, tonnag-e,  pass- 

chandise. 

mestic  spirits,  su- 

cutions  and  collec- 

ports, and  clearan- 

gTir, bounties,  &.c. 

tion. 

ces,  &c. 

New  Hampshire, 

120,943  57 

11,170  52 

3,550  56 

7,094  01 

99.128  48 

Vermont, 

4,432  41 

- 

- 

1,591   39 

2,841   02 

1,607,071   34 

260,121    16 

289,632  27 

2,373,542  32 

Massachusetts,    - 

2,865,539  76 

1.019,029  69 

159,553  29 

79,885  44 

Rhode  Island,     - 

370,466  91 

72,517  57 

23,159  73 

14,668  45 

Connecticut, 

338,432  92 

21,021   70 

7,119  20 

20,659  75 

New  York, 

3.598,325  64 

1,157,589  39 

7.809  87 

59,384  06 

New  Jersey, 

2,180  40 

2,340  89 

84  06 

1,739  83 

Pennsylvania, 

2,236,626  71 

935,264   10 

1,447  47 

40.516   12 

1,259.399  02 

Delaware, 

104,424   18 

20,510  10 

71   20 

9,708  78 

74,134    10 

Maryland, 

2,565,299  60 

1.357,230  09 

3,758  63 

42,615   16 

1,161,695  72 

\  irginia. 

1.026,985  31 

89,500  57 

170  16 

41,182  18 

896,132  40 

North  Carolina.  • 

178,072  30 

2,524  71 

720   15 

20,403  43 

154,424  01 
858,541   51 

South  Carolina,  - 
Georgia, 

2,025,251   84 
1,550  64 

1,091.963  39 

3,315  46 

71,431   48 
1,655  28 

Tennessee, 

1,036  82 

- 

- 

263   14 

773  68 

Michigan  Territory. 

Total,  Dollars, 

15,439,569  01 

5,780,662  72 

210,759  78 

412,798  50 

9,037,437  03 

The  nett  amount  of  revenue,  exhibitetl  in  the  above  statement,  is  ....  $9  037  43-  ^3 

From  which,  deduct  excess  of  expenditure  beyond  the  duty,  in  the  State  of  New  Jersey,    1,984  38       '      ' 
Ditto,  Ditto,  in  the  St;ite  of  Georgia,  .  .  ,  .  .    '     '104  64 


2,089  02 


True  nett  amount  of  duty,  &c. 


$9,035,348  01 


r^ 

From  the  1st  of  January  to  the  31st  of  December,  1800. 

Gross  amount  of 

Payments  for 

STATES  AND   TERRITORY. 

Nett  Revenue. 

Duties  on  merchan- 

Drawbacks on  mer- 

Drawbacks  on  do- 

Expenses of  prose- 

dise, tonnage,  pass- 

cliandise. 

mestic  spirits,  su- 

cutions and  collec- 

ports, and  clearan- 

gar, bounties,  &c. 

tion. 

ces,  &.C. 

New  Hampshire, 

164,799   12 

7,044 

39 

3,289  72 

11,785  60 

142,679  41 

Vermont, 

3,698  20 

- 

35  00 

1,327  36 

2,335  84 

Massachusetts,    - 

3,196,260  44 

1,008,234 

12 

127,557  82 

85,471  80 

1,974,996  70 

Rhode  Island,     - 

561,274  76 

109,348 

88 

41,284  32 

17,000  27 

393,641  29 

Connecticut, 

208.856  16 

15,748 

38 

3,412  63 

20,003  19 

169,691   96 

New  York, 

3,671,906  00 

869,402 

55 

5,709  24 

54,993  59 

2,741,800  62 

New  Jersey, 

1.172  66 

- 

- 

2,400  83 

Pennsylvania,     - 

3.197,450  25 

1,785,108 

61 

3,412  63 

58,603  02 

1,350.325  99 

Delaware, 

59,184  49 

33,388 

14 

301  83 

9,262  51 

16,232  01 

Maryland. 

1,933,772  80 

1,263,406 

83 

2,043  16 

44,753  98 

623.568  83 

Virginia, 

780,308  62 

90.704 

77 

21   00 

44,988  71 

644,594   14 

North  Carolina,  - 

159,502  51 

4.555 

08 

993  60 

27,492  56 

126,461   27 

South  Carolina,  - 

2,233.312  71 

1,006,783 

/  / 

3,977  58 

63,265  56 

1.159,285  SO 

Georgia, 

1,162   12 

- 

- 

1,949  78 

Tennessee, 

1,288  92 

- 

- 

552  06 

736  86 

Michigan  Territory, 

7,475  57 

~ 

~ 

463  50 

7,012  07 

Total,  Dollars, 

16,181,425  33 

6,193,725 

52 

192,038  53 

444,314  32 

9,353,362  79 

The  nett  amount  of  revenue,  exhibited  in  the  above  statement,  is  -  -  -  - 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  New  Jersey,    1,228  17 
Ditto,  Ditto,  in  the  State  of  Georgia,  -  -  .  .  .         797  ge 


?,353,362  79 


True  nett  amount  of  duty,  &c. 


2,015  83 
89,351,346  96 


548 


FINANCE. 


[1812. 


STATEMENT— Continued. 


■ 

From  the  1st  of  January  to  the  3 1st  of  December,  1801. 

Gross  amount  of 

Payments  for 

STATIS    AND    TEKKITORIES. 

Duties  on  merchan- 
dise, tonnage,  pass- 
ports, and  clearan- 
ces, &c. 

Drawbacks  on 
merchandise. 

Drawbacks  on  do- 
mestic   spirits, 
sugar,  bounties 
&c. 

Expenses  of  prose- 
cutions and  collec- 
tion. 

Nett  Revenue. 

New  Hampshire, 

Vermont, 

Massachusetts,    - 

Rhode  Island,     - 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

District  of  Columbia, 

Virginia, 

North  Carolina, 

South  Carolina, 

Georgia, 

Tennessee, 

Kentucky, 

Ohio. 

Michigan  Territory, 

Indiana          do. 

Mississippi    do. 

$167,006  88 

2,198  72 

4,479,827  34 

526,748  99 

371,774  ii9 

5,047,418  08 

9,538  03 

3,728,041   24 

156,419  63 

2,176,894  30 

104,901   39 

843,033  29 

147,847  28 

2,280,061    16 

764,617  04 

659  91 

1,224  91 

4,635  63 

1              15,392   13 

$16,844  63 

1,347,475  09 

211,346  92 

15,721    15 

1,172,407  76 

1,540,700  62 

56,188  56 

1,135,717  36 

4,922  98 

59,139  06 

1,507  95 

1,221,253  24 

49,173  95 

$4,457   18 

52  50 
106,102  60 

10,063  62 
5,571   61 
7,164  81 
51   75 
9,093  27 
205    16 
3,469  47 

259  65 
1,712  90 
1,380  89 

53  80 

$12,055  21 

1,364  58 
96,496  50 
20,700  50 
22,422  29 
57,069   10 

2,661   79 
54,458  87 

8,698  79 
35,853  02 

5,303  52 
37,380  45 
19,498  22 
55,284  67 
51,944  02 
147  42 
368  52 

357  52 

839  77 

$133,649  86 

781   64 

2,929,753  15 

284,637  95 

328,059  64 

3,810,776  41 

6,824  49 

2,123,188  48 

91,327  12 

1,001,854  45 

94,674  89 

746,254  13 

125,128  21 

1,002,142  36 

663,499  07 

512  49 

807  59 

4,278  11 

14,552  36 

Total, 

$20,828,240  64 

$6,832,399  27 

$150,239  21 

$482,899  76 

$13,362,702  40 

From  the  1st  of  January  to  tlie  31st  of  December,  1802. 

Gross  amount  of 

Payments  for 

STATES    AND    TEHTIITOBIES. 

Duties  on  merchan- 

Drawbacks on 

Drawbacks  on  do- 

Expenses of  prose- 

Nett Revenue. 

dise,  tonnage,  pass- 

merchandise. 

mestic    spirits. 

cutions  and  collec- 

ports, and  clearan- 

bounties,    and 

tion. 

ces,  &c. 

allowances. 

New  Hampshire, 

$157,689  26 

$26,461   75 

$5,293  43 

$6,248  05 

$119,686  03 

Vermont, 

1,483  07 

- 

89  75 

1,222  05 

171  27 

Massachusetts,    - 

3,503,792  68 

1,712,580  18 

161,830  75 

103,471  89 

1,525,909  86 

Rhode  Island,     - 

481,277  10 

243,785  56 

35,982   12 

23.492  96 

178,016   16 

Connecticut, 

350,010  20 

53,522  58 

6,185  55 

27.441  89 

262,860  18 

New  York, 

3,599,015  55 

1,033,315  74 

6,413  91 

68,430  73 

2.490,855   !7 

New  .Tersey, 

6,890  92 

- 

- 

2,925  85 

3,965  07 

Penn^^ylvania,     - 

0,770,302  82 

1.297,662  11 

13,263  62 

49,014  22 

1,410,362  87 

Delaware, 

159,392  39 

64,576  50 

242  10 

11,607  30 

82.966  49 

Alarylatid, 

1,426,556  84 

754,479   10 

8,513  20 

29,430  08 

634,134  46 

District  of  Columbia. 

144,627  38 

5,056  07 

265  00 

5,972  81 

133,333  50 

Virginia, 

751,317  52 

29,884  08 

749  44 

31,261   52 

689,422  48 

North  Carolina, 

287,068  64 

2,742  38 

3.033  69 

28,895  25 

252,397  32 

South  Carolina, 

1,228,410  38 

863,399  37 

934  90 

83.941   29 

280,134  82 

Georgia, 

228,452  22 

- 

- 

16.525  22 

211,927  00 

Tennessee, 

139  37 

- 

- 

64  63 

74  74 

Kentucky. 

1,605  38 

- 

- 

383  07 

1,222  31 

Ohio,       - 

- 

- 

- 

75  00 

Michigan  Territory, 

26,087  81 

- 

- 

1,665   16 

24,422  65 

Indiana            do. 

2,526  76 

- 

. 

191   20 

2,335  56 

Mississippi       do. 

23,782  25 

- 

- 

645  46 

23,136  79 

Total, 

$15,150,428  54 

$6,087,465  42 

$242,797  46 

$492,905  63 

$8,327,335  03 

The  nett  amount  of  revenue  exhibited  in  the  above  statement,  is  - 

From  which  deduct  excess  of  expenditure  beyond  the  duty,  in  the  State  of  Ohio, 

True  nett  amount  of  duty,  &c. 


$8,327,335  03 
75  00 

$8,327,260  03 


1812.1 


DUTIES    AND    DRAWBACKS. 


549 


STATEMENT— Continued. 


From  the  1st  of  January  to  tlie  31st  of  December,  1803. 

Gross  amount  of 

Payments  for 

STATKS  AND  TKHRITOKIES. 

Duties  on  merchan- 
dise, tonnag-e,  jiass- 
ports,     aiul     clear- 
ances,  &c. 

Drawbacks  on  mer- 
chandise. 

Drawbacks  on  do- 
mestic     spirits, 
sug-ar,  Ijounties, 
&c. 

Expenses  of  pro- 
secutions      imd 
collection. 

Nett  Revenue. 

New  Ilampsliire, 

Vermont. 

Massachusetts,    - 

Rhode  Island.     - 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

District  of  Columbia,      - 

Virginia. 

North  Carolina. 

South  Carolina, 

Georgia. 

Kentucky. 

Ohio, 

Michigan  Territory, 

Indiana        do. 

Mississippi  do. 

Orleans        do. 

$107,350  09 

2.901   02 

.3.470,753  24 

550,435  40 

355,019  26 

4,138,251    17 

6,128  38 

2,267,949  05 

77,497  40 

1,216,084  87 

154,375  95 

778,394  70 

192.207  91 

889,577  00 

207,390  23 

1,073  96 

20  07 

25,333  78 

3.001    19 

18,701    12 

$25,517  52 

7.57,667   12 

151.849  91 

21.401   03 

545,010  04 

501,040  OS 

40,016  50 

249,313  82 

3.041    84 

25,553  06 

1,785  97 

217,328  93 

11,133  44 

$6,581   28 

10  25 

132,430  89 

11,600  53 

8,058  70 
7,646  49 

0,906  26 
248  00 

4,522  49 

97  22 

792  94 

2,184  37 

1,031   04 
433   13 

$12,734  30 

1,170  61 
90,121   55 
20,298  46 
2.3,7.58  04 
00,759  60 

2,974  79 
44,279  31 

8,592  09 
25,787  53 

7,806  60 
38.200  59 
28,272  38 
24.490  93 
13,360  97 
257  39 
150  80 

1,909  50 
340   19 

1,533  00 

$122,516  93 

1,720  76 

2,490,530  68 

360,080  50 

301.800  83 

3,524,834  44 

3,153  59 

1,655,722  80 

28,640  21 

936.461  03 
143,430  29 
713,842   11 
159.965   19 
646,126   10 

182.462  69 
1,416  57 

23,424  28 

2,655  00 

17,167  53 

Total,  Dollars, 

14,523,052  99 

2,010,661   06 

183,749  05 

406,814  89 

11,322,551   52 

The  nett  amount  of  revenue  exhibited  in  the  above  statement,  is  -  - 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Ohio, 

True  nett  amount  of  duty,  &c. 


$11,322,551   52 
124    13 

$11,322,427  39 


From  the  1st 

of  January  to  the  31st  of  December,    1804. 

Gross  amount  of 

Payments  for 

STATES  AND  TEKItlTOUIES. 

Duties  on  merchan- 

Drawbacks on  mer- 

Drawbacks on  do- 

Expenses of  pro- 

Nett Revenue. 

dise,       Mediterra- 

chandise. 

mestic      spirits, 

secutions       and 

nean     fund,      ton- 

sug-ar, bounties. 

collection. 

nage,  lig-ht  monev, 
&c. 

&c. 

New  Hampshire, 

$213,047   14 

$85,071 

02 

$7,965  01 

$11,271   62 

$108,739  49 

Vermont. 

2,752  05 

- 

579  25 

1.373  43 

799  37 

Massachusetts,   - 

5.468,388  39 

1,572.074 

03 

140.172  49 

119.210  63 

3,630,931  24 

Rhode  Island,     - 

650,083  78 

199.895 

83 

5.388  09 

23.707  80 

421,091  46 

Connecticut. 

434.205  09 

47,150 

29 

12.411   84 

26.589  61 

348,053  35 

New  York, 

5,240,652  53 

1,283.604 

00 

8.304  97 

76,327  64 

3,872,355  92 

New  Jersey, 

6,294  07 

- 

- 

2,936  05 

3,358  02 

Pennsylvania,     - 

3,540,930  62 

872.237 

94 

5,850  23 

52.917   17 

2,609,931  28 

Delaware, 

50,027  07 

23,209 

45 

165  50 

6.542  50 

26,110  22 

Maryland, 

2.200,707  32 

614,852 

84 

2,874  85 

44.316  26 

1,538,723  37 

District  of  Columbia, 

171.261    69 

33,600 

02 

694  05 

8.542  73 

128,424  89 

Virginia, 

909,303  45 

33,723 

40 

1,174  97 

31.793  99 

902,071   03 

North  Carolina. 

210.172  75 

3.754 

08 

2,353  33 

23,424  78 

186,039  96 

South  Carolina. 

1,090.399  51 

335,841 

18 

66  00 

35,973  57 

718,518  76 

Georgia, 

200.i67  93 

6,689 

79 

- 

13,657  84 

180,420  30 

Kentucky. 

Ohio. 

SO  59 

- 

_ 

150  92 

Michigan  territory. 

39,296  52 

- 

- 

2.712  00 

36.583  92 

Indiana        do. 

714  43 

- 

- 

435  53 

278  90 

Mississippi  do. 

5,406  24 

- 

- 

1,224  07 

4,181   57 

Orleans       do. 

293,066  87 
20,799,035  24 

1,820 

19 

- 

11,974  37 

279,272  31 

Total.  Dollars, 

5,113,524 

72 

194,061   18 

495,084  31 

14.997,085  36 

The  nett  amount  of  revenue,  exhibited  in  the  above  stateiaent,  is  -  - 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Ohio, 

True  nett  amount  of  duty,  &.C. 


$14,997,085  36 
120  33 

$14,990,965  03 


70 


tt 


r^K 


FINANCE. 


[1812. 


STATEMENT— 

Continued. 

/ 

From  the  1st  of  January  to  the  31st  of  December,  1805. 

Gross  amount  of 

Payments  for 

stATE.S  AND  TERRITORIES. 

Duties  on  mcrclian- 

Drawbacks  on 

bounties  and  Al- 

Expenses of  pro- 

Nett Revenue. 

dise,  Mediterranean 

merchandise. 

lowances. 

secutions  and  col- 

fund, tonnage,  light 

lection. 

money,  &c. 

New  Hampshire, 

$172,582  58 

$43,553  45 

$8,373  89 

$11,099  63 

$109,555  61 

Vermont. 

2,414  76 

- 

193  50 

1,441   71 

779  55 

Massachusetts,    - 

6,046,-344  41 

2,449,040  .57 

149,704  37 

139,553  06 

3,308,046  41 

Rhode  Island,     - 

655,330   19 

274,910  03 

1,333  73 

26,459   10 

349,627  33 

Connecticut, 

471,448   11 

80,488  40 

11,727  82 

24,514  94 

354,716  95 

New  York. 

7,046,104   18 

2,062,509  46 

5,964  87 

95,553  29 

4,882,076  56 

New  Jersey. 

:20,a61   95 

- 

- 

2,452   15 

18,409  80 

Pennsylvania. 

3.679,122  31 

1,319,869  65 

3,146  87 

55,542  42 

2,300,563  37 

Delaware. 

171.968  09 

56,179   16 

177  00 

10,022  59 

105,589  34 

Maryland, 

2.316,948  44 

1,142,355  97 

3,525  85 

40,232  31 

1,130,834  31 

District  of  Columbia,     - 

150,414  57 

23,799  21 

872  35 

6,731   78 

119,011   23 

Virginia, 

980,047  24 

135,107  71 

788  67 

38,920  28 

805,230  58 

North  Carolina.  - 

200,935  97 

10,646  93 

1,473  22 

23,547  78 

165,268  04 

South  Carolina,  - 

1.330,775  72 

448,812  88 

29  40 

38.797  97 

843,135  47 

Georgia, 

113,561   27 

6,037  21 

- 

11,575  27 

95,948  79 

Kentucky, 

- 

- 

- 

64  43 

Tennessee, 

- 

- 

- 

12  59 

Ohio, 

5,333  69 

- 

- 

512  39 

4,821   30 

Michigan  Territory, 

44,903  88 

- 

- 

1,110  11 

13,792  77 

Indiana          do. 

- 

- 

- 

261    11 

Mississippi     do. 

1.318  83 

- 

- 

603  33 

715  50 

Orleans           do. 

469,249  60 

97.110  66 

362  50 

29,680  73 

342.095  71 

Total,  Dollars,    - 

23,879,664  79 

8,150,121   29 

190,674  04 

558,688  97 

14,980,218  62 

The  nett  amount  of  revenue  exhibited  in  ihe  above  statement,  is        -  - 

From  which  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Kentucky,  $64  43 

Do.                      Do.                   in  the  State  of  Tennessee.     -            •            -  12  59 

Do.                      Do.                   Indiana  Territory,     -            -            -            -  261  11 


$14,980,218  62 


338   13 


True  nett  amount  of  duty,  &c. 


$14,979,880  49 


.. 

From  the  1st  of  J 

inuary  to  the  31st  of  December  1806. 

Gross  amount  of 

Payments  for 

STATES   AND  TERRITORIES. 

Duties  on  merchan- 

Drawbacks on 

Drawbacks  on  do- 

Expenses of  pro- 

Nett Revenue. 

dise,  Mediterranean 

merchandise. 

mestic  spirits,  su- 

secutions and  col- 

fund, tonnage,  light 

gar,  bounties  and 

lection. 

money,  &c. 

allowances. 

New  Hampshire, 

$224,615  89 

$86,345  51 

$9,134  31 

$11,753  94 

$117,382   13 

Vermont, 

2,599  08 

- 

142  75 

1,157  06 

999  27 

Massachusetts,    - 

6,295,470  61 

2,479,025  63 

151,854  43 

140,263  63 

3,524,336  92 

Rhode  Island,     - 

682,326  58 

2^9,365  29 

5,033  58 

26,246  19 

361,681   52 

Connecticut, 

484,579  98 

114,715  48 

17,489  26 

27,257  64 

325,117  60 

New  York, 

7,392,103  08 

2,406,462  99 

6.400  82 

103,456  25 

4,875.783  03 

New  Jersey. 

17,029  51 

5,581   60 

217  25 

3,374  59 

7.856  07 

Pennsylvania,     - 

5,136,050  90 

2,0.52,551   31 

3,203  31 

62,892  93 

3,017,403  45 

Delaware, 

36.000  54 

88,680  12 

158  00 

13,571   36 

Maryland, 

2,935,560  33 

1.442,461   35 

3,300  70 

43,200  55 

1,446,597  73 

District  of  Columbia,      - 

161,969  88 

17,023  64 

610  90 

7,256   15 

137,079   19 

Virginia, 

788,309  50 

109,876  14 

384  35 

58,033  25 

620,016  76 

North  Carolina,  - 

230,385  45 

2,011   56 

1,232  77 

25,085  89 

202,055  23 

South  Carolina,  - 

1,365,665  18 

449.380  00 

125  00 

44,766  92 

871,393  26 

Georgia, 

190,156  .54 

- 

- 

6,821   37 

183,335  17 

Kentucky, 

Tennessee, 

Ohio,       - 

1,743  03 

.. 

- 

859  94 

883  09 

Michigan  Territory, 

30,650  75 

- 

- 

3,217   10 

27,433  65 

Indiana           do. 

- 

- 

- 

250  00 

Mississippi     do. 

1,805  72 

- 

- 

653  61 

1,153  11 

Orleans           do. 

561,964  86 

166,069  27 

383  75 

34,131   41 

361,480  43 

Total,  Dollars,     - 

26,538,987  41 

9,709,549  89 

199,571   08 

614,548  78 

16,081,976  60 

The  nett  amount  of  revenue  exhibited  in  the  above  statement,  is        - 

From  which,  deductexce.ss  of  expenditure  beyond  theduty  in  tlie  State  of  Delaware,  $66,408  94 
Do.  Do.  Indiana  Territory,  -  -  -       250  00 


True  nett  amount  of  duty,  &c. 


$16,081,976  60 


66,658  94 
$16,015,317  66 


1812.] 


DUTIES    AND    DRAWBACKS. 


551 


STATEMENT— Continued. 


From  tlie  1st  of  January  to  tJie  Slst  Ueccinbcr,  1807. 


Gross  amount  of 

Payments  for 

STATES  AN  I)  TERUITOHIES. 

Duties  on  merchan- 

Drawbacks ( 

Dn 

Bounties  and  Al- 

Expenses of  pro- 

Nctt Revenue. 

dise,  Mediten-anean 

merchandise 

lowances. 

secutions  and  col- 

fund, tonnag-e,  light 

lection. 

money,  kc. 

$10,491   27 

New  Hampshire, 

$179,lf;5  3(5 

$60,967 

65 

$8,324  99 

$99,681   45 

Vermont. 

•2,197  71 

- 

184  50 

1,517  50 

495  71 

Massachusetts,    - 

0,153,638  86 

2,580,623 

40 

149.904  54 

140,436  77 

3,576,074   15 

Rhode  Island,     - 

444,129  26 

292,736 

65 

5.371  27 

32,270  96 

123,750  38 

Connecticut. 

470,190  99 

114,896 

06 

15.522  37 

25,338  72 

314,433  84 

New  York, 

7.711,466  32 

2,669.334 

85 

3,881   59 

111.530  40 

4,920,713  42 

New  Jersey. 

20,289  86 

2,408 

16 

- 

3,265   16 

14,616  54 

Pennsylvania,     - 

5,241,324  65 

2,012,542 

80 

1,498  67 

61,550  02 

3,162,733    16 

Delaware, 

156.837  24 

56.530 

23 

35  50 

14,123  81 

86,147  70 

Maryland, 

3,033,026  63 

1.337,128 

65 

2,124  25 

59,873  89 

1,633,899  84 

District  of  Columbia. 

148.723  83 

16,827 

96 

410  60 

7,603  54 

123,881   73 

Virginia, 

641,314  58 

104,409 

94 

329   10 

29,990  03 

506,585  51 

North  Carolina,  - 

218,964  88 

5,921 

78 

938  00 

15,712   13 

196,392  97 

South  Carolina,  - 

1.378,185  78 

594.380 

00 

19  52 

48,252  42 

735,527  84 

Georgia, 

528,230  60 

16,542 

46 

33  30 

22,164   79 

489,490  05 

Ohio, 

516  40 

- 

- 

929  87 

Michigan  Territory, 

25,116  21 

_ 

. 

3,565  55 

21,550  66 

Indiana            do. 

- 

- 

- 

132  21 

Mississippi       do. 

1,057  06 

- 

- 

473   10 

583  96 

Orleans            do. 

668,550  97 

130.302 

56 

90  00 

57,882  57 

480,275  84 

Total,    Dollars, 

27,323,227   19 

9,995,559 

15 

188,668  20 

646,110  77 

16,493.434  75 

The  nett  amount  of  revenue,  exhibited  in  the  above  statement,  is        - 
From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Ohio, 
Ditto,  ditto,  Indiana  Territory, 

True  nett  amount  of  duty,  &c. 


$413  47 
132  21 


$16,493,434  75 


545  68 


$16,492,889  07 


From  the   1st  of  January  to  die  Slst  of  December,  1808. 


Gross  amount  of 

Payments  for 

STATES  AND  TERRITORIES. 

Duties  on  merchan- 

Drawbacks on 

Bounties  and  al- 

Expenses of  pro- 

dise, Mediterranean 

merchandise. 

lowances. 

secutions  and  col- 

Nett Kevenue. 

fund,  tonnag-e,  lig-ht 

lection. 

money,  Sec. 

New  Hampshire, 

$62,234  55 

$23,289  95 

$7,025  58 

$12,270  82 

$19,648  20 

V  ermont. 

1,082  51 

- 

- 

4,805   16 

Massachusetts,    - 

2,335,281   51 

895,243   17 

129,298   11 

125,818  28 

1.184,921   95 

Rhode  Island, 

333,598  79 

37,323  35 

5.098  50 

20,745   13 

270,431   81 

Connecticut, 

259,196  05 

21.314   11 

11,495  07 

26,262  87 

197,124  00 

New  York, 

3,651,179  03 

799.796  33 

2,948   19 

83,892  57 

2,704,542  54 

New  Jersey, 

12,807  .32 

5,587  28 

- 

5.286   10 

1,933  94 

Pennsylvania,     - 

2,621,267  73 

928,507  49 

1,095  50 

44,535  34 

1,647,068  90 

Delaware, 

54,484  40 

15,344  99 

226  55 

25,121   78 

13,791  58 

Maryland. 

1,081,584  38 

449,852  57 

2,291   80 

41,294  97 

588,145   14 

District  of  Columbia, 

27,151    15 

1,070  75 

128   10 

5,639  53 

20,306  77 

Virginia, 

141,075   15 

6,259  35 

79  00 

25,004   15 

110,332  65 

North  Carolina,  - 

51,894  05 

2,390  22 

291    15 

32,294   19 

16,918  49 

South  C.arolnia,  - 

401,991   43 

171.228  07 

- 

65,325   17 

225,438   19 

Georgia,  - 

00,117  03 

7,692  95 

- 

17,339  30 

35,085  38 

Ohio,        - 

97  54 

- 

670  10 

Michi2:an  Territory, 

12,417   19 

- 

- 

3,606  20 

8,810  99 

Indiana            do. 

Mississippi       do. 

140  67 

_ 

- 

575  29  1 

Orleans           do. 

180,492  44 

75,297   14 

175  00 

27,805  86 

77,214  44 

Total,    Dollars, 

11,348,694   12 

3,443.263  72 

160,152  55 

568,292  71 

7.181,714  97 

The  nett  amount  of  revenue,  exhibited  in  the  above  statement,  is  - 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Vermont, 
Ditto,  (iitto,  in  the  State  of  Ohio, 

Ditto,  ditto,  Mississippi  Territory, 

True  nett  amount  of  duty,  &c. 


$3,722  65 
572  56 
434  62 


$7,161,714  97 


4.729  83 


$7,176,985    14 


552 


FINANCE. 


[1812. 


STATEMENT— Continued. 


STATES  AND  TEUUITORIES. 


New  Hampshire, 

Vermont, 

Massachusetts,    - 

ilhode  Island,     - 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

District  of  Columbia, 

Virginia, 

North  Carolina, 

South  Carolina,  - 

Georgia, 

Kentucky. 

Ohio, 

Michigan  Territory, 

Mississi|)pi       do. 

Orleans  do. 


From  the  1st  of  January  to  tlie  31st  December,  1809. 


Gross  amount  of 


Duties  on  merchan- 
dise, Mediterra- 
nean fund,  ton- 
nage, light  mo- 
ney, he. 


$57,832  00 

12,939  81 

2,717,391  72 

274,376  12 

170,372  49 

3,860,927  29 

29,592  02 

2,340,150  47 

107.085  51 

1,046,758  92 

71,551  52 

320,261  01 

87,297  57 

551,342  33 

17,094  58 

179  83 

14,400  59 

1,086  87 

162,933  23 


Total,  Dollars,         11,843,576  SB         4,151,405  21 


Payments  for 


Drawbacks  on  mer- 
chandise. 


$7,800  30 

,158,105  26 

211,808  27 

16,729  72 

791,116  59 

5,6S9  84 

897,451   87 

24,304  37 

848,237  80 

6,148  22 

38,431   39 

137,600  20 
312  43 


7,668  95 


Bounties  and  al- 
lowances. 


$2,453  89 

41,450  55 

1,081   45 

3,198  42 

749  37 

131   00 

525  10 


49,.589  78 


Expenses  of  pro- 
secutions, and 
collection. 


$,8431   02 

2,970  99 

133,086  63 

25,503  67 

21,191   84 

87.132 
4,350 

37,443 

18,256 

42,714 
5,259 

24,113 

22.069  82 
36,048  86 

10.070  73 

540  66 

3,215  01 

483  84 

21,020  45 


73 
99 

77 
11 
36 

87 
98 


503,905  33 


Nett  Revenue. 


$39,146  79 

9,968  82 

1,384,749  281 

35,982  73 

129,252  51 

2,981,928  60 

19,551    19 

1,405,123  83 

64,525  03 

155,281   66 

60,143  43 

257,718  64 

65,227  75 

377,693  27 

6,711   42 


11,185  58 

603  03 

134,243  83 


7,139,037  39 


The  nett  amount  of  revenue,  exhibited  in  the  above  statement,  is 

From  which,  deduct  excess  of  expenditure  beyond  the  duty  in  the  State  of  Ohio, 

True  nett  amount  of  duty,  &c. 


87.139,037  39 
360  83 

7,138,676  56 


Deduct  excess  of  expenditure  beyond  the  duty  in  the  State  o(  Kentucky, 

True  nett  amount  of  duty,  &c. 
Treasury  Department,  Register's  Office,  February  27th,  1812. 


From  the  1st  of  January  to  tlie  31st  December,  ISIO. 

STATES  AND  TERRITORIES. 

Gross  amount  of 

Payments  for 

Nett  Revenue. 

Duties  on  merchan- 
dise, Mediterranean 
fund,  tonnage,  light 
money,  Sec. 

Drawbacks  on 
merchandise. 

Bounties  and  al- 
lowances. 

F.xpenses  of  prose- 
cutions  and   col- 
lection. 

New  Hampshire, 

Vermont, 

Massachusetts, 

Rhode  Island,     - 

Conni'cticut, 

New  Y.^i  k. 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

District  of  Columbia, 

Virginia, 

North  Carolina, 

South  Carolina, 

Georgia, 

Kentucky, 

Ohio,        -        .   - 

Michigan  Territory, 

Mississippi       do. 

Orleans            do. 

$63,017  57 

12,047  09 

4,039,809   11 

557,440  75 

193,438   15 

5,341,670  41 

16,509  85 

3,357.847  30 

40,355  29 

1,415,854  65 

62,007  98 

530,792  01 

81,425  39 

730,473  22 

161,577  93 

672  74 

,10,147  99 

1,958  73 

281,493  24 

$2,484  49 

1,151,868  34 

101,664  82 

8,312  50 

842,539  55 

8,496  62 

879,527  36 

28,900  12 

450,616  85 

6,017  25 

46,543  52 

4,185  55 

138,854  92 

493  20 

47  95 

19,310   13 

$15  50 

2,599  94 

996  00 

132  85 
24  00 

140  50 

$7,107  58 

2,881   34 

111.114  49 

20,289  51 

17,003  89 

80,070  40 

2,522  73 
39,168  22 

9,962  20 
37,191   37 

5,228  73 
22,731   91 
18,993  71 
24,597   13 
26,173  05 
900  56 
502   16 

2,920  13 

515  08 

17.993  97 

$53,410  00 

9,165  75 

2,771,226  34 

435, 186  42 

167,125  76 

4,419,060  46 

5,490  50 

2,439,018  87 

1,492  97 

928,022  43 

50,762  00 

461.516  68 

58,246  13 

567,021   17 

134,911   68 

170  58 

7,227  86 

1,443  65 

244,189  14 

Dollars, 

16,898,539  40 
62  05 

3,689,863   17 

3,914   79 

447,868   16 

12,757,988  29 

Deduct 

Being  for  duties  refunded  in  the  State  of  Kentucky. 

62  05 

$16,898,477  35 

$12,757,926  24 

1.095  01 


-   $12,756,831   23 


JOSEPH  NOURSE,  Register. 


1812.]  PROTECTION    TO    MANUFACTURES.  555 


12thCoNGRF.ss. ]  No.  370.  [1st  Sessiox. 

PROTECTION  TO  MANUFACTURES. 

COMMCNICATED    TO    TH  K    HOUSE    OF   REPRESENTATIVES,    MARCH    G,    1812. 

To  the  Honorable  the  Senate  and  Ho^ise  of  Representatives _  of  the   United  Stales  of  America,  the  under  trritten 

citizens  of  the  State  of  Connecticut  respectfully  represent: 

That  we  have  hitely  observed,  anions  the  various  applications  to  Congress,  on  the  subject  of  conimeice,  jH'titions 
for  the  importation  of  wire  from  Great  Britain,  on  a  suggestion,  as  we  believe,  altogether  unfounded,  that  a  supply 
of  wire  cannot  be  made  in  the  United  States,  and  that  such  importation  is  necessary  to  our  ini'ant  manufactories 
We  therefore  beg  leave  to  state,  that,  since  the  first  of  August  last,  wc  liave  erected,  in  the  towns  of  Simsbury  aiui 
Winchester,  in  this  State,  two  manufact(n-ies  for  making  iron  wire,  wherein,  without  any  previous  knowledge  of  the 
business,  we  have  succeeded  in  making  the  various  species  of  iron  wire,  of  the  be>t  quality,  liom  native  ore,  which, 
with  suitable  encouragement,  may  be  increased  to  any  quantity  required,  and  atVorded  at  a  moderate  price. 

We  therefore  humbly  request,  that,  instead  of  allowing  the  importation  of  wire,  as  heretofore,  free  of  duty,  when- 
ever the  importation  thereof  may  be  again  allowed,  it  may  be  done  on  payment  of  such  duties  as  to  your  honors  may 
appear  reasonable.     And,  as  in  duty  bound,  will  ever  pray, 
^^  SAMUEL  IIEADLEY  &  Co. 

WADSWOR'l  li,  ALLYN  &  BOSTWICK. 

As  a  proof  of  our  success,  we  enclose,  herewith,  two  samples  of  card  wire,  made  in  said  Simsbury. 

Hartford.  February  25,   1812. 

From  an  examination  of  several  samples  of  iron  wire,  made  in  Simsbury  and  A^'incheste^,  and  a  knowledge  of 
the  reputation  of  the  petitioners,  we  believe  the  facts  stated  in  the  foregoing  petition  are  true. 

.lOHN  J.  PETERS,  and  others. 
Hartford,  February,  i^th,  1812. 


Igth  Congress.]  No.  371.  [1st  Session. 


PROTECTION  TO  MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    MARCH    20,   1812. 

To  tlu  Honorable  the  Senate  and  House  of  Representatives  of  the  Cniled  Staie.-  in  Congress  assembled,  at  their 
session,  noiv  in  1812,  the  petition  of  the  subscribos.  citizens,  inhabitants,  and  iron  manufacturers,  in  the  Common- 
wealth of  Pennsylvania,  on  behalf  of  themselves  and  others,  humbly  shou-eth: 

That,  in  order  to  improve  their  estates,  respecti\ely,  as  well  as  to  aid  the  manufactories  of  the  United  States,  in 
general,  they  have,  at  large  expense,  erected  a  number  of  furnaces,  forges,  rolling  and  slitting  mills,  steel  furnaces, 
and  tilt  hammei'  forges,  for  manufacturing  iron  and  steel,  for  the  use  of  the  citizens  of  the  United  States. 

That,  in  common  with  other  citizens  of  the  United  States,  pursuing  the  same  branches  of  business,  they  expected 
a  reward,  by  a  just  and  reasonable  sale  of  their  iiroductions,  for  the  expenses  and  industry  necessary  to  erect,  carry 
on,  and  support,  works  of  such  public  utility  to  the  American  People. 

That,  to  their  surprise,  they  find  that  the,subjects  of  those  governments,  or  kingdoms,  in  Europe,  who  have  endea- 
vored to  injure,  if  not  to  annihilate,  the  connnerce  of  the  United  States,  are  bringing  iiito  the  Ainerican  market  their 
wrought  iron,  and  endeavoring  to  undersell  the  American  manufacturers  of  those  articles,  whilst  the  commerce  of 
the  United  States  is  subjected,  in  those  countries,  to  such  restrictions,  duties,  risk,  and  danger,  so  as  nearly  to 
destroy  all  the  advantages  the  United  States  have  any  right  to  calculate  on  by  commerce. 

Your  petitioners  beg  leave  further  to  state,  that  they  have  succeeded  in  their  several  branches  of  iron  manufac- 
ture equal  to  their  expectations;  ai.d  that  the  iron  they  make  is  equal,  if  not  superior,  to  any  imported  from  beyond 
sea,  for  the  various  purposes  to  \vhich  it  is  necessary  to  apply  it  in  the  United  States. 

They  therefore  pray  that  the  honorable  the  Legislature  of  the  United  States  will  aftiu'd  them  protection  to  their 
manufactories,  by  a  law,  laying  such  countervailing  duties  on  imported  wrought  iron,  as  will  secure  a  just  and  rea- 
sonable reward  to  your  petitioners,  and  others  pul■^uing  the  same  business,  or  in  such  other  w ay  as  in  your  w isdom 
may  seem  meet. 

And  your  petitioners,  as  in  duty  bound,  will  ever  pray. 

DAVID  STEWART,  and  others. 


554  FINANCE.  [1812. 


lath  Congress.]  No.  372.  [1st  Sessiow. 


DRAWBACK  OF  DUTIES. 

COMMnxICATED  TO  THE    HOUSE    OF    REPRESENTATIVES,  MARCH    30,   1812. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  Ebene- 

zer  Rollins,  of  Boston,  made  the  following  report: 

That  the  petitioner,  on  or  about  the  20th  of  May.  1810,  shipped  on  board  the  ship  Rebecca  Coffin,  in  the  port  of 
Boston,  for  Gottenburg.  in  the  kingdom  of  Sweden.  29  hogsheads.  4  barrels,  and  52  bags  of  coffee;  which  articles 
were  imported  in  the  district  of  Portland  and  Falmouth,  on  the  9th  of  June,  1809.  That  the  said  merchandise  was 
loaded  on  board  the  said  ship,  on  the  17th  of  May,  1810.  for  the  benefit  of  a  drawbaclc;  that  she  cleared  out  at  the 
custom  house  in  Boston,  and  was  leady  for  sea,  on  the  7th  June,  1810,  and  eveiy  requisite  complied  with  to  entitle 
the  petitioner  to  the  drawback,  on  the  said  7tii  of  June. 

The  petitioner  further  states,  that,  owing  to  a  violent  storm  from  the  northeast,  the  said  ship  did  not  sail  from 
the  port  of  Boston  untill  the  13th  of  June,  1810.  That,  on  application  to  the  collector  for  his  debenture,  he  refused 
to  grant  it,  on  the  ground  that  the  said  merchandise  was  not  exported  within  the  period  of  time  for  which  drawbacks 
are  allowed — twelve  months  having  elapsed  from  the  day  of  importation.  On  the  9th  of  June,  1810,  the  twelve  cal- 
lendar  months  expired. 

This  claim  for  the  drawback  on  certain  goods  which  have  been  exported,  has  been  refused  by  the  Treasury  De- 
partment, on  the  application  of  the  petitioner. 

The  committee  cannot  sustain  the  prayer  of  the  petition,  as  tiie  law  is  peremptory.  The  goods  must  be  exported 
within  twelve  callcndar  months,  to  be  entitled  to  the  drawback.  The  goods  for  which  the  drawback  is  claimed, 
were  exported  after  the  time  specified  for  the  allowance  of  drawbacks  had  expired.  Some  rule  must  be  observed,  in 
cases  of  this  kind,  or  the  revenue  will  be  liable  to  suffer  great  diminution. 

If  the  committee  were  to  authorize  a  departure  of  one  day  be3'oiid  the  twelve  callendar  months,  the  committee 
might,  on  the  same  principle,  extend  the  term  to  two  or  more  years. 

Averse  to  any  innovation  on  the  present  system  of  drawbacks,  a::*  authorized  by  law,  the  committee  beg  leave  to 
recommend  the  adoption  of  the  following  resolution: 

Resolved,  That  the  prayer  of  tlie  petitioner  ought  not  to  be  granted. 


12th  Congress.]  No.    373.  [1st  Session. 


SUSPENSION  OF   THE  PAYMENT   OF  CERTAIN  BILLS, 

Drawn  under  the  Convention  with  France,  of  the  30fh  Jlpril,  1803. 

communicated  to  the  house  of  representatives,  on    the  6th  APRIL,   1812. 

Committee  Room,  March  4,  1812. 
Sir: 

Your  several  letters,  of  December  29tli,  and  of  the  25th  ult.  in  relation  to  sundry  bills  drawn  by  Mr.  Arm- 
strong upon  the  Treasury  of  the  United  States,  in  favor  of  the  cashier  of  the  French  Treasury,  for  the  amount  of 
certain  claims,  arising  under  the  Louisiana  convention,  in  favor  of  American  citizens,  have  been  received,  and,  with 
the  documents  accompanying  them,  submitted  to  the  Committee  of  Ways  and  Means. 

I  am  instructed  by  the  Committee  to  inform  you,  as  the  result  of  their  consideration,  that,  in  the  present  state  of 
that  transaction,  and  from  a  view  of  the  circumstances  under  which  it  is  presented  to  them,  they  have  deemed  it 
their  duty  not  to  interfere  in  the  regular  course  of  accountability  to  which  it  is  now  subject. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

Hon.  Albert  Gallatin,  EZ.  BACON. 

Secretary  of  the  Treasury. 


Treasury  Department,  25/A  February,  1812. 
Sir: 

I  had  the  hmor,  on  the  2d  December  last,  to  address  you  on  the  subject  of  Mr.  Armstrong's  accounts,  and 
now  enclose  a  letter  lately  received  from  him. 

Permit  me  to  remind  the  committee,  that  the  Secretary  of  the  Treasury  is  bound  to  pay  the  bills  drawn  by  the 
minister;  and  that  the  law  having  vested  him  with  no  discretion  in  that  respect,  the  bills  alluded  to  in  mv  former 
letter  will  be  paid  whenever  presented  for  that  purpose.  If,  therefore,  it  is  the  opinion  of  the  committee  that  they 
should  not  be  paid,  a  law  to  that  effect  is  necessary.  On  the  other  hand,  if  it  be  intended  that  they  should  be  paid, 
a  law  is  equally  requisite  to  authorize  the  accounting  officers  to  credit  Mr.  Armstrong  for  the  amount  The  deten- 
tion of  the  bills  in  France  (for  causes  not  known  at  the  treasury)  having  afforded  an  opportunity  to  obtain  the  sense 
of  Congress  on  the  subject,  it  would  seem  hard  not  to  decide  on  it:  for,  if  no  decision  be  made,  the  bills  will  be 
paid,  and  Mr.  Armstrong  will  reniain  accountable  for  theaniount;  whilst,  on  the  contrary,  he  has  no  interest  in  the 
nature  of  the  decision,  provided  it  shall  be  made,  sinceit  is  immaterial  to  him  whether  the  bills  be  refused  payment, 
in  which  case  he  will  not  be  charged  at  all,  or  whether,  being  paid,  he  receives  credit  for  their  amount. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

P.  S.  1  would  wish  to  be  enabled  to  inform  Mr.  Armstrong  whether  his  presence  be  thought  necessary. 

Honorable  Ezekiel  Bacon,  Chairman  of  the  Committee,  of  Ways  and  Means. 


1812.]  BILLS    DRAWN   U  N  DER  C  ON  VENTION   WITH    FRANCE.  555 

Rki)  Hdok.  7//)  Februanj.  1812. 
Dear  Sir: 

Not  having  yet  seen  a  reference  to  any  committee  of  Consress,  of  that  part  ol  my  bill  account  w  !iich  you 
have  not  hitherto  thought  y«nrsplf  authori/.ed  lo!^('(t!e  without  the  iuteivciition  of  tliat  body,  and  seeing;  much  new 
business  growing  up  for  you,  1  begin  to  fear  that  Ihe  present  sessioi!,  like  the  last,  will  p;Lss  over  witiiout  obtaining  a 
decision  on  this  subject.  IfCongre-s  sliould  not  approve  the  arrangement  made  between  the  minister  of  the  French 
treasury  and  myself,  and  which  left  mi  the  hands  olthe  casiiier  general,  bills  to  a  certain  amount,  for  (he  purpose  of 
discharging  a  given  number  of  specified  claims  which  had  been  liquidated  in  the  ordinary  foi-in,  but  which,  fi'om 
various  causes,  had  not,  after  a  lapse  of  more  than  two  years,  been  paid  to  the  claimants,  it  is  imporl;int  that  they 
should  do  so  while  fhey  may  have  a  power  over  the  funds.  In  this  case  they  could,  by  theii-  ministei'  in  Paris,  insti- 
tute a  new  negotiation,  and  give  such  other  form  to  the  business  as  they  might  think  salerand  belter  than  that  which 
had  been  adopted.  You  will  remember,  that,  when  at  Washington,  [  pressed  the  reference  on  this  ground,  and 
even  invited  you  to  suspend  the  payment  of  the  bills,  shoidd  they  arrive,  until  the  directions  of  Congress  should  be 
procured.  This,  you  then  thought,  you  had  no  power  to  do.  which  gave,  and  continues  to  give  to  the  aHiiir.  an  im- 
portance, as  it  relates  to  myself,  which  must  be  my  apology  for  |)ressing  it  again  on  your  notice.  If  you  will  have 
the  kindness  (0  advise  me  of  th:;  time  you  mean  to  otter  it  to  the  committee.  I  \\  ill  not  hesitate  to  go  to  \\  a<hiiigton, 
and  carry  with  me  all  that  part  of  my  correspnndence  with  the  French  Government,  which  has  any  relation  to  ihe 
subject.  There  is,  I  find,  much  of  it,  and  I  would  choose  to  be  the  bearer  of  it  myself.  When  f  recollect  the  labor 
and  vexation  I  have  already  hail  in  executing  the  convention:  that  it  was  a  duty  altogether  wide  of  my  ministerial 
functions,  and  entirely  without  i-emuneration  of  any  kind;  1  do  think  (as  you  have  very  fra:ikly  acknowledged  in 
one  of  your  letters  to  me)  that  I  ought  to  be  as  little  embarrassed  by  il,  hereafter,  as  possible. "  To  me,  no  embar- 
rassment could  have  arisen,  had  the  reference  been  made  as  you  promised  and  intended,  at  the  last  ses-io!i  of  ('on- 
giess;  because,  at  that  time,  the  remedy,  whatever  it  might  have  been,  would  have  been  interposed  bef)re  the  bills 
were  presented  and  paid,  and  of  course  before  any  charge  of  them  against  me  could  have  been  matie.  Had  t'iui- 
gress  approved  the  arrangement,  there  would  have  been  an  end  of  the  business:  had  fhey  disapproved  it,  they  must, 
at  the  same  time,  have  interdicted  the  payment  of  the  bills.  In  either  case,  therefore,  I  should  have  iieen"  at  my 
ease.  Whether,  however,  the  bills  have,  or  have  not,  been  paid  since,  I  must  entreat  you  to  delav  the  reference  no 
longer.  This  1  have  a  right  to  claim,  as  well  from  your  good  will  as  your  justice,  and  in  both  I  have  entire  con- 
fidence. 

1  should  be  much  obliged,  if,  in  acknowledging  the  receipt  of  this  letter,  you   would  be  gond  eiioush   to  state 
whether  the  bills  in  question  have  arrived  and  been  paid. 

With  very  great  esteem  and  regaid,  I  am,  dear  sir,  your  most  obedient  and  humble  servant, 

.lOHN  ARMSTRONG. 

Hon.  Albert  Gallatin. 


Treasi  ?.Y  DEPARTMf.NT.  /)ece7iibcr  2,  isii. 
Sir: 

Mr.  Armstrong,  in  conformity  with  the  second  section  of  the  act  of  November  10,  IS03,  "  making  provision 
for  the  payment  of  claims  of  citizens  of  the  United  States  on  the  Government  of  France."  &c.  had  been  charged 
with  the  whole  amount  of  bills  drawn  under  the  Louisiana  convention.  As  that  instrument  cont^iincd  a  pro\ision 
which  made  the  French  Government  the  final  judge  of  all  t'le  claims,  Mr.  Armstrong  has  been  credited,  on  produc- 
ing, as  liis  voucher,  a  certificate  from  that  Government,  a  copy  of  which  is  enclosed  in  the  papers  now  transmitted. 
In  point  of  fenn,  however,  there  has  been,  in  one  instance,  a  deviation  from  the  convention,  which  rendeis  the  sanc- 
tion of  Congress  necessary,  before  the  accounts  can  be  finally  settled. 

In  order  to  clo.^e  the  transaction,  Mr.  Armstrong  and  the  minister  of  the  French  treasury  entered  into  an  agree- 
ment for  the  disposition  of  a  sum  of  196.658.43  francs,  which  was  the  unapplied  balance  of  the  twenty  millions  pay- 
able by  the  convention  on  account  of  American  claims.  The  accounting  (iflicers  of  the  trensury  do  not  consider 
themselves  authorized  to  credit  Mr.  Armstrong  for  the  amount  of  the  bills  drawn  by  virtue  of  that  agreement,  prin- 
cipally because  a  portion  (amounting  to  115,534.41  francs)  is  drawn  in  favor  of  the  cashier  of  the  French  treasuiy, 
for  certain  claims  which  the  French  Government  has.  on  that  account,  assumed  to  pay,  instead  of  being  drawn,  ac- 
cording to  the  convention,  in  favor  of  the  claim.ints  themselves.  And  for  the  same  reason,  a  doubt  arises  whether 
those  bills,  which  have  not  yet  been  presented  for  payment,  ought  to  be  paid  by  tlie  treasury. 

The  objections,  together  with  Mr.  Armstrong's  explanations  of  the  arrangement,  are  enclosed. 

Although  these  embrace  some  other  collateral  points,  the  agreement  above  stated  is  the  onlj'  one  under  the  con- 
sideratiiti  of  the  treasury,  and  which  prevents  a  final  settlement. 

It  will  be  recollected,  that  it  had,  once  before,  been  necessary  to  apply  foi-  a  similar  legislative  sanciion.  which 
was  given  by  the  act  of  April  18th,  1806. 

I  have  the  honor  to  be,  very  respectfuliv,  sir.  your  obedient  servant. 

ALBERT  GALLATIN. 

The  Ho;i.  Ezekiel  Bacon. 

Chairman  of  Ihr  Committee  of  Ways  and  Means. 


Treasiry  Department,  .5/)n7  *2.  1812. 
Sir: 

I  regret  to  be  ot)liged,  once  more,  lo  trouble  you  on  the  subject  of  Mr.  Armstrong's  account.  But  you  will 
perceive,  from  the  enclosed  extract  of  his  letter  to  me  of  the  I9th  ult.  t'lat  he  has  received  information  that  a  part 
of  the  bills,  drawn  in  the  name  of  the  cashier  general  of  the  French  treasury,  has  been  diverted  from  the  objects  of 
the  agreement,  and  been  vested  in  a  person  who  was  not  a  claimant  under  the  convention. 

The  inference  drawn  from  that  fact  by  Mr.  Armstrong  is,  that  it  authorizes  the  Secretary  of  the  Treasury  to  re- 
fuse the  payment  of  the  bills  until  evidence  shall  be  given,  that  the  terms  of  the  agreement,  on  the  part  of  France, 
have  been  fulfilled.  But,  with  that  agreement,  the  treasury  has  nothing  to  do,  and  its  decision  cannot  be  affected 
bjr  the  fulfilment_ or  non-fulfilment  of  those  terms,  on  the  part  of  France.  Provided  the  bills  are  drauti  by  the 
minister  of  the  United  States  at  Paris,  and  proviiled  they  are.  on  the  face  thereof,  expressed  t ;  be  (h-av.!i  under  the 
convention,  and  are  duly  endorsed  by  the  person  in  whose  iiivor  drawn,  they  7n>tsl  be  paid  at  the  treasnry.  Yet  it 
would  be  very  unpleasant  for  the  Secretary  to  be  placed  in  that  situation,  after  the  information  received  from  Mr. 
Armstrong.  And  as  this  information  affords  solid  ground  why  the  payment  of  the  bills  should  be  suspended  until 
evidence,  as  aljovementioned,  shall  have  been  receivetl,  it  see!nsi)roper  to  lay  again  the  subject  before  the  Committee 
of  Ways  and  Means,  who  may.  it  they  view  the  new  fact,  now  communicated,  in  the  same  manner,  propose  a  provi- 
sion, authorizing  the  Secretary  of  the  Treasury  to  refuse  or  suspend  the  payment  of  the  bills. 

1  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GAL1>ATIN. 

Hon.  Ez.  Bacon. 

Chairman  of  the  Committee  of  Ways  and  Means. 


556  FINANCE.  1812, 

Extract  of  a  letter  from  General  ^rynstrong  to  the  Secretary  oj  the  Treasury,  dated  Bed  Hook,  19th  March,  1812. 

•'  I  have  received  information  recently  from  France,  which  essentially  alters  its  circumstances,*  and  will,  I  think, 
make  a  ministerial  injunction  on  the  payment  of  the  bills  drawn  to  the  order  of  the  cashier  general,  both  proper 
and  necessary,  until  evidence  shall  be  given,  that  the  terms  of  the  agreement  cm  the  part  of  France,  have  been  ful- 
filled. The  substance  of  this  information  is,  that  part  of  these  bills  iiave  been  diverted  from  the  objects  of  the  agree- 
ment, antl  been  actually  vested  in  a  person  of  the  name  of  Dauciiy,  who  was  not  a  claimant  under  the  convention, 
either  in  his  own  right  or  in  that  of  another.  In  this  information  i  have  the  most  entire  confidence.  The  man  who 
gives  it  cannot  mistake,  an(l  will  not  deceive.  If  any  thing  in  the  form  of  an  affadavit,  witii  regard  to  the  facts  of 
my  being  possessed  of  such  information,  or  of  my  belief  that  it  may  be  relied  upon,  is  requisite,  it  shall  be  immediate- 
ly furnished." 

A. 

Extract  of  a  letter  frota  the  Secretary  of  the  Treasury  to  General  Armstrong,  dated  September  ith,  1809. 

"  There  are  several  bills  drawn  in  the  name  of  the  cashier  geneial  of  the  public  treasury,  without  any  indi- 
cation of  tlie  claim,  or  on  whose  account  they  aie  drawn.  As  he  could  have  no  right  to  bills  in  his  own  name,  the 
claim  out  of  which  they  arose  ouglit  to  be  made  know  n  to  the  treasury  of  the  United  States. 

'"The  last  claim  on  the  second  French  list,  which  is  made  to  include  the  whole  balance  remaining  undrawn  of 
the  twenty  millions  of  i'rancs,  appears  to  have  been  left  by  the  Emperor  to  he  drawn  for  in  any  name  you  should 
designate,  under  certain  conditions.  The  natuie  of  this  transaction,  the  claims  which  this  sum  is  intended  to  satisfy, 
and  the  persons  who  are  entitled  to  the  money,  must  be  explained  before  you  can  be  discharged  regularly  at  ttie 
treasury  from  the  amount.  It  must  also  be  shewn  tiiat  Mr.  Warden,  in  whose  name  the  bills  have  been  drawn, 
has  paid  over  the  money  to  the  persons  entitled  to  receive  it." 

B. 

Paris,  February  6th,  1810. 
Sir: 

Your  letter  of  the  4th  September  last,  iiaving  made  the  detour  of  Amsterdam,  did  not  reach  me  till  within 
the  last  week.  The  variations  which  you  state  between  tiie  general  list  of  vouchers  and  my  bills  drawn  on  the  trea- 
sury, have  arisen  principally  from  a  desire  of  the  clerks  in  the  French  bureaux  to  abridge  their  own  labor.  It  be- 
comes a  duty,  on  my  part.  tiierefore,to  give  you  entire  copies  of  the  original  vouciiers  on  which  the  seven  bills  noted 
by  you  as  requiring  explanation  have  been  drawn,  as  well  as  of  those  on  which  payments  iuive  been  made  to  the  or- 
der of  the  cashier  general  of  theFrencii  treasury.  To  these  you  will  find  subjoined,  an  explanation  of  the  final 
arrangenient  of  the  Louisiana  business:  the  claims  which  have  been  satisfied  by  it;  the  names  of  the  persons  for  whose 
use  the  bills  have  been  paid;  and  lastly,  the  proof  that  Mr.  Warden  has  paid  them.  Hoping  that  this  explanation 
will  discharge  me  from  all  responsibility  in  the  case, 

-    I  am,  sir,  with  great  consideration,  your  most  obedient  and  humble  servant, 

JOHN  ARMSTRONG. 
Hon.  Albert  Gallatin,  &c. 

No.  51.  The  Minister  of  the  public  treasury,  charged  v/ith  the  execution  of  the  Convention  of  the  10th  Floreal, 
year  11,  (30  April  1803)  certifies  to  General  Armstrong,  Minister  Plenipotentiary  of  the  United  States, 

That,  by  decision  of  his  Imperial  Majesty,  the  liquidation  of  livres  104,301.15.5  (francs  IG'2,248.4)  made  in 
the  name  of  Eric  Gladd,  is  reduced  to  one  half:  that  the  francs  81, 124. 2,  forming  the  other  lialf,  and  chargeable 
upon  the  twenty  milli')ns,  remain  at  the  free  disposal  of  General  Armstrong,  under  condition:  1.  That  Mr.  Mitchell 
shall  no  longer  have  the  right  to  claim,  from  the  public  treasury,  the  14,000  francs  which  remained  (o  be  paid,  of 
the  20,000  allowed  to  hiin  by  the  former  decision  of  his  majesty. "  2.  That  tiie  claim  made  in  the  name  of  Maurice 
Giraud,  arising  out  of  contracts  made  between  the  agents  lor  the  subsistence  of  Paris  and  him,  in  the  year  4,  shall 
remain  extinguished,  without  being  capable,  underany  circumstances,  of  being  renewed,  against  the  French  Govern- 
ment, either  by  the  said  Giraud,  or  by  any  other  person  in  his  right. 

That  the  francs  81,124.2,  to  which  Eric  Gladd's  liquidation  is  reduced,  and  the  francs  14,000  remaining  of  the 
sum  previously  allowed  to  Mitchell,  shall  be  paid  to  the  public  treasury,  making  -  -     Francs  95,124.2 

That  the  same  course  shall  be  taken  with  the  undermentioned  liquidations,  which  have  not 
yet  been  claimed: 

Francs,  95,124  02 

No.   27.  John  Clark,        ----.......  2,768  32 

58.  Samuel  Leighton,         ---..--..  11,62039 

141.  Tupper  and  Piatt,        --.......  3,132  01 

392.  Perron.                -----.....  1,983   15 

395.   Nicholas  Goix,              ----......  goo  52 


Francs,  115,534  41 


By  the  delivery  of  bills  drawn  to  the  order  of  the  cashier  general,  for  (he  sum  of  francs  115,534.41,  the  public 
Treasury  will  stand  bound  to  acquit  the  claims  which  maybe  made  in  the  names  of  Eric  Gladd,  John  Clark,  Leigh- 
ton,  Tupper  and  Piatt,  Perron,  and  Goix. 

That  this  sum  of  115,531.41,  and  the  81,124.02  placed  at  the  disposal  of  General  Armstrong,  complete  the  amount 
of  Amer-can  cla.ins  liquidated  and  chargeableon  the  twenty  millions:  thatthe  convention  of  the  lOth  Floreal, year  11, 
will  thus  be  delimi:\ely  executed,  and  the  payment  of  the  twenty  millions  entirely  completed. 

Division  of  the  bills  to  be  delivered. 

3  bills  of  25,000 75,000  00 

1  do.     -  -  -  -  -  ..  -  -  -  -  -  -  26,534  41 

1  do.     -----.--....  14,000  00 


Francs,  115.534  41 


The  Count  of  the  Empire,  Minister  of  the  Public  Treasury, 
Public  Treasury,  February,  21,  1809. 

*  Tlie  circumstances  of  the  case. 


MOLLIEN. 


1812.1  BILLS   DRAWN  UNDER  CONVENTION   WITH   FRANCE.  557 


MiNisiKY  OF  THE  Puni.ic  Trkasury,  Fdris,  March  11,  1809. 
Sir: 

I  have  received,  from  your  excellency,  your  letfer  of  the  loth  of  this  month,  the  five  bills  to  the  order  of  the 
cashier  general  of  the  public  treasury,  making,  together,  frs.  lirj, 531. 41,  which  were  to  be  delivered  c(mforniat)iy 
to  the  decision  of  his  majesty. 

MOLLIEN. 

His  Excellency  Gen.  Arihstrong. 

Exphtnut'wn  of  the  last  article  hi  the  general  voucher  Xo.  2. 

In  the  m(mth  of  February.  1808,  many  difficulties  arose  with  regard  to  the  application  of  what  remained  of  the 
Louisiana  hinil.  A  proposition,  founded  on  the  exclusive  right  of  the  Frencii  Goverinnent  to  this  balance,  was  receiv- 
ed by  me,  and  peremptorily  rejected.  A  second  proposition.  No.  I.  followed,  less  objectionable,  indeed,  but  suffi- 
ciently so  to  be  rejectetl  also.  'Fhis  letter,  apparently,  left  to  me  the  power  of  ai)plyiiig  the  sum  gained  to  the  fiind 
on  the  reduction  of  Gladd's  claim,  but  really  appropriated  that  sum  to  those  of  DauchijixniX  Swan,  neither  ot  which 
had  received  my  approbation.  A  third  proposition.  No.  2,  was  then  ottered,  which  left  nothing  in  controversy  be 
tween  Mr.  MoUien,  and  myself,  but  the  payment  to  Dauchy  of  11,000  fis.*  liclieving  that  this  was  not  a  jxiint  to 
higgle  upon,  extremely  anxious  to  close  the  business,  and  fearful  least  a  too  great  tenaciousness  might  defeat  its  own 
object,  I  adopted  the  last  proposition,  (insetting  the  two  articles  underscored )  and  transmitted  it  to  the  minister  otfi  - 
cially,  with  my  letter.  No.  .3,  of  the  Iiith  Feb."l809.  On  the  21st  of  that  month,  I  received  his  answer,  No.  l.'The 
voucher  on  the  same  day  by  Mr.  Mollien,  and  the  payment  by  me,  on  the  10th  of  Maich,  p.  12.  were  the  conse- 
quences of  their  arrangement.  It  remains,  therefore,  oidy  to  show  what  was  the  appropriation  of  the  balance  of 
81,I01f.  4c.  which  had  been  put.  by  their  arrangement,  at  my  disposition.  This  was  as  follows,  viz.:  to  John  Holmes, 
claimant  forsupplies  ofnrovisions,5,000f. ;  to  John  Mitchell,  do.  for  supplies  of  do.  furnished  thiougli  Perotise,  14,000f.; 
to  Joseph  Russell,  for  snip  Fame,  62, OOOf.  In  making  this  division.  1  was  guided  altogether  by  tlie  nature  of  these 
several  claims,  their  extent,  and  the  degree  to  which  they  had  been  already  satisfied.    TJesides.  of  the  sum  granted  to 

Mr.  Russell,  there  has  been  retained  (as  stated  in  a  former  letter)  25,000f.  so  that  the  sums  actually  paid  have  been 

5,124  francs,  4  centimes,  in  behalf  of  Holmes, 

14,000     do  -  in  behalf  of  Mitchell, 

37,000     do  -  in  behalf  of  Russell- 

The  first  and  last  of  these  sums  were  paid  to  the  attorney  of  Russell  and  Holmes.  (Mr.  O'Mealy)  a  copy  of 
whose  receipt  is  annexed,  No.  5,  and  Mr.  Warden,  being  himself  the  attorney  of  Mitchell,!  made  such  payments  on 
his  account  as  had  been  directed  by  him. 

No.   1. 

The  following  are  the  principles  on  which  we  may  now  hope  to  terminate  the  Louisiana  ati'air: 

1.  There  remains  a  disposable  sum  of  14,000  frs.  which  may  serve  to  pay  Mr.  Mitchell.  The  credit  of  Dauchy, 
for  which  that  sum  was  intended,  may  be  provided  for  out  of  the  funds  mentioned  below. 

2.  There  are  four  credits  not  claimed;  those  of  Gladd,  Leighton,  Tupper  and  Piatt,  and  Goix.  That  of  Gladd, 
including  the  interest,  amounts  to  the  sum  of  162,634.68  frs.  That  may  be  divided  in  equal  moieties:  the  credits 
of  Leighton  and  the  others,  to  remain  entire  to  the  treasury.  Anil  it  may  be  stated,  that,  with  one-half  of  Gladd's 
credit,  and  the  whole  of  Leighton's  and  the  others,  the  public  treasury  shall  be  charged  to  meet,  in  the  most  conve- 
nient manner,  the  final  claims  which  may  be  made  by  the  parties  interested,  without  the  Government  of  the  United 
States  being,  in  any  event,  liable  to  be  called  upon  for  them. 

To  complete  this  operation.  General  Armstrong  shall  deliver  bills  to  the  treasury,  drawn  in  the  naint,  of  the 
cashier  general,  for  the  amount  agreed  upon. 

3.  Ot  the  other  half  of  Gladd's  liquidation,  amounting  to  81.317f..  it  shall  be  expressed  that  Mr.  Armstrong  is  to 
make  the  following  application:  14,000  frs.  to  pay  Dauchy.  and  the  balance  for  the  discharge  of  Maurice  Girand, 
who  shall  declare  that  he  renounces  all  future  demands,  in  any  way,  upon  the  French  Government. 

4.  The  proposition  for  the  arrangement  u|)on  these  terms,  is  to  be  made  by  Mr.  Armstrong,  who  may  take  ad- 
vantage of  the  intentions  of  his  Government,  which  has  manifested  a  wish  that  the  liquidation  of  Gladd  should  be  re- 
<luced. 

5.  The  minister  of  the  treasury  will  obtain,  upon  all  this,  the  ideas  ol  his  majesty,  whose  approbation  cannot  be 
doubted .  when  the  two  ministers  shall  have  agreed;  and ,  the  approbation  once  given,  the  Loxiisiana  affair  will  be  irrevo- 
cably completed. 

No.  2. 

The  Louisiana  liquidation  maybe  finished  as  follows: 

1.  The  14,000  frs.  still  to  be  disposed  of.  shall  remain  to  the  treasury. 

2.  The  little  liquidations  of  Leighton,  Tupper  and  Piatt,  and  Goix,  shall  remain  to  tho  treasury,  to  be  paid  over 
to  the  claimants. 

3.  The  liquidation  under  the  name  of  Gladd,  amounting  to  163,891  frs.  shall  be  divided  into  equal  moieties.  One  of 
these  moieties,  amounting  to  81,945.50  frs.  shall  be  paid  i;)  General  Armstrong,  to  be  disposed  of  as  he  shall  think 
proper. 

4.  General  Armstrong  shall  deliver  to  the  treasury,  bills  drawn  in  favor  of  the  cashier  general,  for  the  14,000  frs. 
the  little  liquidations  of  Leighton,  Tupper  and  Piatt,  and  Goix,  and  for  the  81,945.50  frs. 

5.  He  shall,  in  like  manner,  place  in  the  hands,  and  draw  in  favor  of  D.  B.  ff'arden,  bills  amounting  to  the 
sum  of  81.945. 50/rs.  for  account  of  Mitchell  and  others. 

6.  It  shall  be  stated,  that  neither  Mitchell,  nor  Maurice  Giraud,  are,  hereafter,  under  any  pretence,  to  make  a 
claim  against  the  public  treasury. 

7.  The  minister  of  the  public  treasury  shall  furnisli  Mr.  .irmstrong  with  a  general  authority  for  the  above 
payments,  conformably  to  the  decision  which  may  be  given  by  his  majesty,  and  in  the  ordinary  form.X 

Paris.  February  1.  1809. 
Sir: 

I  have  the  honor  of  submitting  a  proposition^  to  your  excellency,  the  object  of  which  is  to  bring  to  a  close  the 
very  protracted  business  of  the  convention  of  1803.  Should  it  meet  your  excellency's  approbation,  you  will  be 
pleased  to  take  the  step  necessary  to  give  it  execution.  Should  you  disapprove  it,  you  will  be  pleased  to  signify 
your  disapprobation. 

Accept,  &c.  JOHN  ARMSTRONG. 

*  This  very  thing  had  already  protracted  the  settlement  one  year. 

j-  Mr.  Mitchell  behig  now  in  the  U.  States,  will  g-ive  to  Mr-  G;dlatin  such  fui-ther  information  on  this  head  as  he  may  wish. 
i  Tlijs  article,  and  article  No.  5,  were  the  articles  added  by  me. 
§  This  was  proposition  No.  2,  p,   17. 
71  tt 


558  FINANCE.  [1812. 


Ministry  of  the  Public  Treasury.  Paris,  February  14,  1809. 


.'^ir: 


The  mode  piaposei!  by  yo!!f  excellency,  for  campietin^thepaynient  of  the  20  niillioiis,  has  been  approved  by 
his  majesty.     I  rejoice  at  my  concurrence  in  the  adoption  o!  measures  vvliich  go  to  terminate,  definitively,  and  to 
our  uiuttnU  saii>fiction.  the  execution  of  the  convention  of  tiie  10th  Floreai,  year  11. 
[  have  the  honor  to  transmit  to  your  excellency  the  certificate  containing  its  detail. 

I  pray  your  excellency  to  accept,  &c.  MOLLIEN. 

'/lie  Minisler  Pkn'tpotcniiary  of  the  United  States. 


Treasury  Department,  November  1st,  1810. 
Sir: 

I  have  the  honor  ^o  transmit  a  copy  of  the  statement  ot  your  account  (for  bills  drawn  under  the  Louisiana 
convention)  as  adjusted  by  the  auditor  of  the  treasury,  together  with  copies  of  two  statements  therein  referred  to. 
You  will  perceive  that  the  two  sums  suspended,  and  not  j'et  carried  to  your  credit,  consist,  1st,  ofthe  bills  which  have 
not  yet  been  paid;  Sdly.  of  the  iiinount  drawn  in  favor  of  Mr.  Warden,  under  your  arrangement  of  February,  1809, 
will!  Mr.  Mollien.  But  neither  are  you,  or  can  you,  be  charged  with  the  first  item,  until  the  bills  shall  have  been 
paid  at  the  treasury.  The  only  point,  therefore,  on  whicli  the  accounting  officers  wish  some  further  explanation,  is 
that  of  the  arrangement  with  Mr.  Mollien;  it  being  doubted  vvhether  (ho-.vuver  proper  it  may  have  been  in  itself  under 
all  the  circumstances  of  tlie  ca?e)  it  is  in  conformity  with  the  conventioti;  and  whether,  therefore,  they  can  legally 
eive  you  credit  for  the  amount  paid  at  the  treasury  in  consequence  thereof. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
His  Excellency  John  Armstrong,  Jlinister,  ^-c.  ^-c. 

Notes  on  Mr.  Armstrong's  letter  of  February  G,  1810.  containing  explanations  upon  the  points  stated  in  the  letter  of 
the  Secretary  ofthe  Treasury  to  him,  of  September  4,  1809,  as  requiring  to  be  cleared  up,  before  his  account,  for 
bills  drawn  under  the  Louisiana  convention,  could  be  settled  and  closed  at  the  treasury. 

1.  Variations  between  the  names  contained  in  some  of  the  bills,  and  the  names  entered  against  the  corresponding- 
claims  in  the  French  lists. — Seven  cases  of  this  nature  were  particularly  pointed  out.  Copies  of  the  vouchers  (con- 
sisting of  the  minute,  or  order,  of  the  minister  of  the  public  treasury,  for  the  drawing  of  the  bills)  are  furnished, 
and  appear  satisfactory. 

2.  Bills  drawn  in  the  name  of  the  cashier  general  of  the  public  treasury.— The  right  of  the  public  treasury 
of  France  to  leceive  any  bills  under  this  convention,  may  well  be  contested:  but  it  is,  perhaps,  not  the  time  now  to 
make  any  objection  to  it.  It  was  a  subject  of  discussion  between  Mi-.  Armstrong  and  the  French  minister,  and  the 
result  was,  that  he  drew  the  bills;  his  motives  for  acceding  to  this  measure  have  been  explained  in  his  correspon- 
dence. The  sum  of  115,534.41  francs,  being  the  last  sum  drawn  in  the  name  of  the  cashier  general,  however, 
stands  upon  a  different  footing  from  the  other  sums  drawn  in  his  name,  and  is  to  be  separately  considered  under  the 

next  head.  .  ,    r.    rr'     t         r^.,  • 

3.  J  sum  of  81,124.02  francs,  drawn  by  Mr.  .Armstrong  in  the  name  of  Dama  B.  U  ar den. —This  sum,  by 
Mr.  Armstrong's  explanation,  is  closely  ctmnected  with  the  next  preceding  sum  of  115,534.41,  drawn  in  the  name 
of  the  cashier  general  of  the  public  treasury,  and  the  following  seems  to  be  the  history  of  the  transaction:  After 
paying  all  the  claims  admitted  under  the  convention,  which  were  applied  for  by  the  claimants,  there  appeared,  in 
February,  1809,  to  be  a  sum  of  196,658.43  francs  remaining  of  the  twenty  millions;  this  sum  appears  to  have  been 
originally  destined  for  the  payment  of  the  following  claims  viz: 

Eric  Gladd,  -           -            -            .           .           -            ..           Francs  162,248.04 

John  Clark, -            -  2,768.32 

Samuel  Leighton,  --------  11,626.39 

Tupper  and  Piatt,                 ....--.-  3,132.01 

Perron,  ..--.---  1,983.15 

";.:';'_       Nicholas  Goix,  -           -            ------  900.52 

182,658.43 

John  Mitchell. -  -  -  20,000 

Of  which  had  been  paid,       ._.---  6.000 

14,000.00 


Francs,  196.658.43 

The  bills  for  the  six  claims  first  mentioned  had  not  been  applied  for;  Mitchell  had  applied  for  his  bills,  and  de- 
manded twenty  thousand  francs,  but  only  six  thousand  had  been  given  him.  This  being  the  state  of  things,  the 
Emperor  resolved  (see  Mr.  MoUien's  letter  to  Mr.  Armstrong,  in  the  form  of  a  certificate,  dated  14th  March,  1809) 
that  Eric  Gladd's  claim  should  be  reduced  to  one-half  of  the  sum  at  which  it  had  been  admitted,  and  that  the  half 
of  that  claim,  thus  rejected,  amounting  to  81,124.02  francs,  should  be  put  into  the  hands  of  Mr.  Armstrong,  to  be 
given  to  what  claimants  he  pleased :  Provided,  1 .  That  Mitchell  should  no  longer  claim  from  the  French  treasury,  the 
lourteen  thousand  francs  still  due  to  him,  (which  was  virtually  to  say.  that  Mr.  Armstrong  must  pay  him  out  of  this 
sum  thus  put  at  his  disposal.)  2.  That  a  claim  of  Maurice  Giraud.  on  the  treasury  of  France,  shoidd  also  be 
abandoned,  (implying,  also,  as  is  presumed,  that  this  claim  must  be  paid  by  iSlr.  Armstrong,  out  of  this  sum,  and 
which  he  is  supposed  to  have  paid  to  John  Holmes,  in  right  of  Giraud.)  And.  3.  That  the  other  half  of  Gladd's 
claim,  which  was  still  to  be  considered  as  recognised  for  a  valid  claim,  amounting  to  Francs,  81,124.02 

And  the  other  five  claims,  not  yet  applied  for,  amounting  to  -----  20,410.39 

Ami  the  amount  of  Mitchell's  claim,  unpaid,  and  which  Mr.  Armstrong  was  now  to  pay  out  of  the  sum 

put  in  his  hands,  viz:  --.--..---  14,000.00 

And  amounting,  altogether,  to  -  -  -        Francs.  115,534.41 

Should  be  paid  to  the  French  treasury,  they  assuming  to  pay  Gladd's  claim,  and  the  other  five  outstanding  claims, 
whenever  they  should  be  called  for. 

On  this  arrangement  it  is  sufficient  to  remark.  1st.  That  the  Emperor  arbitrarily,  as  far  as  it  appears,  since  no 
grounds  for  the  act  are  assigned,  took  away  from  Eric  Gladd  81,124.02  francs,  of  which  sum  he  put  into  the  French 
treasury  14,000  francs,  and  gave  the  other  67.124.02  to  General  Armstrong,  to  distribute  among  such  claimants  as 
he  pleased.  2d.  That  Eric  Gladd,  for  that  portion  of  his  claim  which  is  left,  and  the  other  five  claimants,  for  their 
claims,  instead  of  receiving  bills  on  the  treasury  of  the  United  States,  as  they  were  entitled  by  the  convention,  are 
turned  over  to  the  French  treasury  for  payment.  3d.  The  whole  sum  received  by  General  Armstrong,  which  was 
left  free  in  his  hands,  has  been  given,  as  he  himself  states,  to  Joseph  Russell,  for  the  ship  Fame;  unless  the  sum 


1812.J  BILLS    DRAWN    UNDER    CONVENTION    WITH    FRANCE.  559 


To  Mitcliell.  as  provided  by  the  uiniii^eineut  witli  the  minister  of  the  Frencli  treasury,  and  llie  result 
of  which  «as,  to  enable  tiiein  to  put  the  same  sum  into  tlie  Frencii  treasury,  without  any  lesal  rislit 
whatever,  -  -  -  -  -  -  -  -  -  Kiancs,  14,000.00 

To  Holmes,  as  was  also  provided  by  tlie  arrangement,  provided  his  claim  is  the  same  as 

Maurice  Giraud's,  which  is  supposed  to  be  tlie  case,  -  -  -  -  o,121.0i3 

To  Joseph  Russell,  --.-._...  GO.OOO.OO 


rt  1.1-24. 02 


The  merits  of  the  claim  of  Joseph  Russell,  above  all  others,  are  not  shown  any  farther,  than,  as  Mr.  Armstronj; 
states,  that,  in  making  the  dausinn,  "he  was  guitled,  altogether,  by  the  nature  of  the  several  claims,  thi'ir  extent, 
and  the  degree  to  which  they  had  been  already  satisfied."' 

The  above  ideas  appear  to  ofl[t?r  objections  sufficient  to  prevent  the  settlement  of  Mr.  Armstrong's  accounts  at, 
the  present  time.  The  grountls  upon  which  the  whole  arrangement  was  made  with  Mr.  MoUien,  in  February  and 
March,  1809.  respecting  the  sum  of  19(),658.43  francs,  are  not  perceived  to  arise  out  of  the  conve'ition;  nsid  1'  de- 
serves consideration,  wiether  the  bills  for  115,531.11  francs,  drawn  in  the  name  of  the  cashier  genera!  of  the 
public  treasury,  should  be  paid  when  they  are  presented  here. 

May'2-2d.  1810. 

[translation.] 

Ministry  of  the  Pl  blic  Treasi:rv.  Bureau  of  Ojyjmsitions. 

The  Minister  of  the  Public  Treasury,  ciiarged  with  the  execution  of  ths  conventi;)!i  of  the  lOFlorea!.  year  11,  cc!' 
tifies  to  General  Armstrong,  Minister  Plenipotentiary  of  tlie  United  States,  that  the  un(!ermentioned  ilems  fyrm  a 
part  of  the  claims  liquidated  and  verified,  in  conformity  with  the  dispositions  of  the  said  convention,  and  of  the  deci- 
sions of  his  Imperial  Majesty;  and  that  they  have  been  paid  in  orders  upon  the  Uinted  States,  smce  the  lOth  July, 
1807,  on  which  day  a  statement  was  transmitted  to  General  Armstrong,  of  the  sums  previously  paid. 

[Here  follow  the  names  of  sundiy  persons,  and  the  amount  of  the  claims  allowed  in  their  favor.  The  two  last. 
on  the  list  are  tiie  following:] 

20.  The  cashier  general  of  th'?  public  treasury.  115,531.11. 

21.  The  81,124.02  fi-ancs.  left,  by  the  decisitMi  of  his  majesty,  to  the  disposition  of  General  Armstrong,  under 
condition  that  Messrs.  Mitchell  and  Maurice  Giraud  shall  no  longer  have  a  right  to  make  any  claims  upon  the 
French  Government;  this  sum,  charseable  upon  the  twenty  millions,  and  for  which  Mr.  Armstrong  has  announced, 
by  his  despatch  of  10th  March  instant,  that  he  has  drawn  in  favor  ol  Mr.  Warden,  81, 124.02. 

[Here  follows  a  recapitulation  of  the  sums  whicli  had  been  certiBed  to  Mr.  Armstrong,  r.tid  for  whicli  lie  iiad 
drawn  bills,  amounting,  together,  includin.g  the  two  above  items,  to  twenty  millions  of  francs.  The  certiticate  con- 
cludes as  follows:] 

Thus,  the  payment  of  the  twenty  millions,  the  object  of  the  convention  of  the  10  Floreai.  year  11,  is  entirely 
consummated,  and  this  convention  completely  and  detin.itively  executed. 


Public  Treasury,  JMarch  11,  1809. 

D. 


xMOLLIEN. 


Washington.  CG/,'<  December,  1810. 


I  am,  &c.  &.C. 


Mr.  Gallatin. 


J.  ARMSTRONG. 


On  the day  of ,  there  remained  of  the  Loi<isiana  fund.  tl;e  sum  of  190,653.13  francs.     Approi:ri;ilions 

had  been  made  of  a  |)art  of  this  sum,  by  the  i'unction:n-ies  of  both  Governments,  conjointly,  whicli  were  as  fc/iious, 
viz: 

John  Clark,  -  -  -  -  .  _  .  .  -        Francs,    2,7(;s..S2 

Samuel  Leighton,  ..--..--..  ll.62i;.39 

Tupper  and  Piatt,  -.-...-..  ::. 132.0! 

Perron,  --.--.-..  1, 983. 15 

Nicholas  Goix,  ---..--..-  900.52 

A  farther  appropriation,  by  the  French  council,  had  been  made  to  Eric  Gladd,  of  the  sum  oi'  102.218.04 
This  last  appropi-iation  was  rejected  by  the  American  commission,  and  the  objections  against  it  being  siistaiiied 
by  me,  the  French  Government  was  brought,  after  much  discussion,  to  reduce  it  to  one  half  of  the  sum  originally 
allowed.  This  claim  belonged  (as  I  believe)  to  the  French  commercial  house  at  Nantz.  of  Dobree  and  Sweighauser; 
Gladd  was  but  the  captain,  bringing  the  supplies  on  which  it  was  founded,  and  never  did  appear,  personally,  as  the 
claimant.  The  necessary  eit'ect  of  this  reduction,  was  to  add  to  the  residuaiy  fund  the  sum  of  81,121.02  francs. 
When  this  decision  was  taken,  sundry  other  claims  were  pending  under  the  convention:  these  were,  that  of  John 
Mitchell;  that  of  John  Holmes;  that  of  Joseph  Russell:  and  thai  of  Maurice  Giraud.  The  Jirst  and  /«s/  of  these 
had  been  rejected  by  the  French  council,  on  the  ground  that  they  were  claims  not  embraced  by  the  convention;  and 
the  last,  (that  of  Giraud)  was  rejected  by  the  functionaries  of  both  Governments.  These  facts  explain  the  nature 
of  the  conditions  stated  in  the  Emperor's  decision,  and,  particularly,  why  (whatever  may  Inne  been  the  wish  of  the 
French  Government)  I  refused  to  give  to  the  claim  of  Giraud  any  portion  of  the  sum  of  81,121.02  francs;  this  claim 
belonged  to  James  Swan,  who  had  already  received  two  millions,  and  upwards,  of  the  fund.    To  .Mitchel',  the  fjur- 


560  '  .  FINANCE.  [1812. 

teen  thousand  additional  francs  were  given,  because  he  proved,  most  satisfactorily,  that  the  supplies,  out  of  which 
his  demand  grew,  were  made  by  Anthony  Butler,  of  Phdadelphia,  in  his  own  right,  and  for  his  own  benefit. 

The  bill  to  Holmes  (wliich  has  been  supposed  to  arise  out  of  the  claim  of  M.  Giraud)  had  no  connexion,  what- 
ever, with  that  claim,  and  was  paid,  in  part,  of  a  much  larger  one,  made  for  provisions  furnished  at  St.  Domingo 
and  which  passed  one,  or  both,  of  the  authorities  recognised  by  the  convention. 

The  bills  to  Russell  were  drawn  to  the  amount  of  sixty-two  thousand  francs,  for  freight  and  demurrage  of  the 
ship  Fame,  the  joint  property  of  the  said  Russell  and  T.  W.  Francis,  of  Pliiladelphia,  and  on  which  nothing  had 
been  previously  paid;  of  these,  thirty-two  thousand  only  have  been  delivered,  for  reasons  formerly  assigned  in  two 
letters,  of  dift'erent  dates,  to  you.  Tliese  circumstances  do  not  present  to  me  any  deviation  from  the  convention, 
or  from  the  law  made  in  consequence  of  it.  Wlien  the  Emperor  put  at  my  disposition  a  moiety  of  the  sum  originally 
and  wrongfully  appropriated  to  Eric  Gladd,  it  was  distinctly  utiderstood,  that  this  moiety  should  be  applied  to  the 
extinction  of  claims  then  pending  against  the  Frencli  Government,  and,  of  course,  could  only  apply  to  those  above 
meiiti(»ned.  The  quantum  of  allowance  to  each,  was  the  only  thing  submitted,  as  I  conceived,  to  my  discretion;  a 
circumstance  wliich,  by  no  means,  takes  these  cases  out  of  the  ordinary  rules  of  proceeding,  as,  in  many  others,  my 
opinions  were  equally  decisive,  and,  indeed,  were  necessarily  so,  since  the  American  commission  determined 
nothing  with  regard  to  quantum. 

With  regard  to  the  other  branc'i  of  the  arrangement,  it  must  also  be  remarked,  that,  on  receiving  my  bills  for  the 
sum  of  115,534.11  francs,  the  Frencii  treasui-y  took  upon  itself  to  pay  the  c\a.\mii  specified  on  the  first  page,  and 
which  had  otherwise  continued  to  embarrass  and  retaid  a  final  settlement  of  the  business.  Between,  therefore, 
granting  specific  bills  in  discharge  of  these  claims,  and  granting  one  or  more  to  the  French  treasury,  which  covered 
all  and  ensured  a  final  settlement,  I  cannot  suppose  that  there  is  a  sufficient  legal  distinction  to  prevent  my  particu- 
lar account  from  being  closed.  Should  this  opinion,  however,  be  erroneous,  I  must  request  that  these  bills,  granted 
to  the  cashier  general,  may  be  stopped  at  the  treasury,  and  held  over  until  some  other  mode  be  adopted,  which 
shall  entirely  satisfy  the  letter  of  the  law. 

P.  S.  The  bill  t)f  twenty-five  thousand  francs,  retained  from  the  appropriation  to  Russell,  shall  be  sent  to  the 
treasury.  If  I  do  not  mistake,  this  bill  has  on  it  an  endorsement  by  D.  B.  Warden,  of  cotemporary  date  with 
itself,  showing  why  it  was  withheld. 


1812.] 


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FINANCE. 


[1812. 


12th    CONGHESS.] 


No.  374. 


[1st  Session. 


MINT. 

COMMI'NICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  AruIL  13,  1812. 

Treasury  Department,  ..ipril  10,  1812. 
Sir; 

I  have  the  honor  to  transmit,  herevyith.a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with  sundry 
statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "  An  act  establishing  a  mint,  and  regulat- 
ing the  coins  of  the  United  States,"  passed  April  2d,  1792. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Comptroller'' s  Office,  ,8pril9,  1812. 


the  treasury  enable  me  to  afford. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

Honorable  Albert  Gallatin,  <Sefre/ar7/Q/"/Ae  Z7-ras?/rt/.  - 


RICHARD  RUSH. 


Statement  exhibitim;-  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  of  the  Mint  on  the  3lsi 
of  December,  1810;  the  amount  ofdepositesfrom  the  1st  of  January  to  the  3lst  of  December,  1811;  the  different 
species  of  coiiis  made  and  paid  on  account  of  deposites,  allowance  for  wastage,  and  the  balance  remcdning  in 
the  hands  of  the  officers  of  the  Mint  on  the  said  3lst  of  December,  1811,  to  be  accounted  for  onafuture  settlement. 


Oz. 

Dwt. 

Gr. 

Dolls.    Cts. 

M. 

Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint 

(m  the  31st  December,  1810,     -       '     - 
Gold  bullion  deposited  from  1st  January  to  31st  December,  1811, 

873 
28,170 

11 

03 

20 
20 

15,528 
500,803 

73 

IS 

5 

0 

• 

29,043 

15 

16 

516,331 

91 

5 

Amount  paid  for  deposites  of  gold,  from  1st  January  to  31st  December,  1811, 
Add  gold  coins  in  the  hands  of  the  treasurer  of  the  mint  on  the  3lst  December, 
1811,      ---------- 

Dolls. 

9,788 
1,354 

Cts. 

47 
12 

M. 

5 
0 

477,170 

31,877 

24 
35 

5 

0 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  Bank  of  the  United  States 

on  the  31st  December,  1810,    - 
And  this  sum,  being  amount  of  treasury  warrant  No.  3,235,  issued  to  cover 

wastage  in  the  coinage  of  gold,            ---..- 

509,947 
11,142 

59 
59 

5 
5 

oz.     dwt. 

28,007     03 
928     05 
108     07 

gr. 

03 
05 

08 

Gold  coins  made  at  the  mint  from  January  1  to  December  31,  1811,  viz:  half 
eagles,  99,581.     Weight  and  value,    ----- 
Gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  181 1, 
Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  year  1811, 

497,905 

16,500 

1,926 

00 
40 
51 

0 
5 

0 

As  above, 

29,043 

15 

16 

516,331 

91 

5 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint, 

on  the  31st  December,  1810,    - 
Silver  bullion  deposited  from  1st  January  to  31st  December.  1811, 

50,079 
620,699 

09 
03 

00 
00 

57,782 
716,191 

97 

18 

0 
5 

670.778 

12 

00 

773,974 

15 

5 

Amount  paid  for  deposites  of  silver,  from  1st  January  to  31st  December,  1811, 
Add  silver  coins  in  the  hands  of  the  treasurer  of  the  mint  on  31st  December. 
1811,      ---------- 

Dolls. 

2,508 
9.38C 

Cts. 
49 
53 

0 

5 

613,234 

77 
25 

5 
0 

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  Bank  of  the  United 
States  on  31st  December,  1810,           _.---_ 

Also,  this  sum,  being  amount  of  treasury  warrant  No.  3,235,  issued  to  cover 
wastage  in  the  coinage  of  silver,         --..--. 

613,235 

4,895 

02 
02 

5 

oz.     dwt. 

527,228     00 

141,373     07 

2,177     04 

gr. 

00 
07 
17 

Silver  coins  made  at  the  mint,  from  January  1  to  December  31,  1811,  viz: 

half  dollars,  1,403,644;  dimes,  65,180.     Weight  and  value. 
Silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  1811, 
Profit  and  loss  for  this  sum,  allowed  for  wastage  in  the  year  1811, 

608,340 

163,121 

2,512 

00 
96 
19 

0 
5 
0 

As  above,            .... 

670,778 

12 

00 

773,974 

15 

5 

Comptroller's  Office,  March  23,  1812. 


ANDREW  ROSS,  Clerk. 


1812.] 


THE    MINT. 


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FINANCE. 


1812. 


C. 


Summary  Statement  exhibiting  the  value  of  Coins  made  at  the  Mint;  the  amount  of  disbursetnents  on  account  of 
the  establishment;  the  amount  alloived  for  wastage;  the  amoztnt  retained  of  deposites;  and  the  amount  gained 
on  the  coinage  of  Copper  from  the  commencement  of  the  institution  to  the  3U7  December,  1811. 


Value  (if  gold,  silver,  and  copper  coins,  made  at  the  mint  to  31st  December, 
1810,     --------- 

Do.  of  gold  coins  made  from  1st  January  to  31st  December,  1811,  per  account 
A,         -  -  -  -  -  -  -  -  - 

Do.  of  silver  coins  made  from  1st  January  to  31st  December,  1811,  per  said 
account,  .-------. 

Do.  of  copper  coins  made  from  1st  January  to  31st  December,  1811,  per  ac- 
count B.  --------  - 

Total  value  of  gold,  silver,  and  copper  coins,  .  .  - 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  31stDecember,  1810, 

per  account  rendered,  -  -  -  -         _  - 

Add  amount  gained  on  the  coinage  of  copper  to  the  same  period, 

From  the  above,  deduct  amount  of  wastage  on  gold  and  silver  to  the  same 
period,  ■  -  -.  -  -  .  -  $35,431   11.5 

To  the  above,  add  the  amount  retained  fromdeposites  to  the  same 

period, -  -        4,063  17.5 

Add  amount  disbursed  on  account  of  the  establishment  from  1st  January  to 
31st  December,  1811,   -------- 

-\dd,  also,  amount  of  wastage  on  gold  and  silver  to  31st  December,  1810, 
Do.        do.        on  gold  and  silver  from  1st  January  to  31st  December,  1811,    - 

From  the  above,  deduct  amount  retained  from  deposites  to  31st  December, 
1810,  $4,063   17.5 

Also,  the  amount  retained  fromdeposites  from  1st  January  to  31st 

December,  1811, 358  27.5 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  the 
institution  to  the  31st  December,  1811,  as  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the 
commencement  of  the  institution  to  the  31st  December,  1811,  including 
the  cost  of  lots,  buildings,  machinery,  &c.     -  -  -  ••  - 


Dollars.     Cents. 


497,905  00 

608,.340  00 

5,293  78 


380,582  58.5 
37,331  52.5 


417.914  11.0 


31.367  94.0 


35.431  11.5 
4,438  70.0 


39,869  81.5 


4,421  45.0 


Dollars.       Cents. 


9,477,614  71.0 


1,111,538  78.0 


10,589,153  49.0 


386.546  17.0 
24,506  28.0 


35,448  36.5 


446,500  81.5 
37,161  97.0 


409,338  84.5 


Comptroller's  Office,  March  26,  1812. 


ANDREW  ROSS,  Clerk. 


12th  Congress.] 


No.  375. 


[1st  Session. 


SUBSCRIPTION  TO  THE  LOAN  OF  ELEVEN  MILLIONS  OF  DOLLARS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  MAY  18,  1812. 

Treasury  Department.  May  14/A,  1812. 

Sir:  ,     •     j 

Subscriptions  were  opened  on  the  first  and  2d  instant,  to  the  loan  of  eleven  millions  of  dollars,  authorized 
by  the  act  of  14th  March  last,  in  conformity  with  the  enclosed  notice,  A.  It  was  left  optional  with  the  banks 
which  were  disposed  to  subscribe,  either  to  recei\e  stock  or  to  loan  the  money  by  special  contract.  The  enclosed 
circular  letters.  B,  C,  D,  show  the  instructions  transmitted,  and  the  manner  in  which  tiie  proposals  were  made  to 
the  several  banks.  It  was  thought  most  eligible  not  to  limit,  in  any  place,  the  amountof  subscriptions  to  any  specific 
sum;  for  which  reason,  the  loan  was  kept  open  only  for  two  days,  in  order  that  the  general  result  might  be  ascer- 
tained, and  a  reduction,  if  necessary,  be  made. 

All  the  returns  have  now  been  received,  and  an  abstract.  E,  is  herewith  transmitted.  From  these  it  appears  that 
$6,118,900  were  subscribed  in  those  two  days,  viz:  $4,190,000  by  banks,  and  $1,928,900  by  individuals.  This  last  sum 
is  greater  than  the  aggregate  of  al!  the  loans  at  six  per  cent,  ever  before  obtained  by  this  Government  from  individu- 
als in  the  United  States;*  and,  considering  the  price  of  stocks  and  various  obstacles  which  at  this  time  have  im- 

*The  only  two  six  per  cent,  loans  obtained  from  individuals  in  the  United  States  by  this  Government,  are,  1st.  On  account 
of  the  loan  of  5,000,000  of  dollars,  authorized  by  act  of  31st  May,  1796,  one  half  of  which  stock  was  advertised  for  sale  for  seve- 
ral weeks,  without  any  offer  being  received,  and  of  which,  at  last,  only  80,000  dollars  were  sold  at  private  sale.  2d.  The  navy 
six  per  cent,  loan,  authorized  by  the  act  of  June  30th,  1798,  which  made  the  money  subscribed.  appUcable,  on  tlie  spot,  to  a  fa- 
vorite object,  and  left  tlie  management  and  appUcation  of  the  funds  in  the  hands  of  the  subscribers.  The  amount  of  this  stock 
issued,  in  the  whole,  was  $711,700. 


1812.]  SUBSCRIPTION  TO  LOAN  OF  ELEVEN  MILLIONS  OF  DOLLARS.         565 


peded  the  subscriptions,  the  amount  is  as  grc:it  as  nn^at  have  been  expected  within  so  short  a  period.  The  unsub- 
scribed residue  vvill  now  be  apportioned  amongst  the  several  places,  according  to  the  apparent  demand  in  each,  and 
subscriptions  will  be  received,  or  stock  sold,  until  the  sums  thus  respectively  apportioned  shall  have  been  disposed  of. 
It  is  confidently  believed  that  the  amount  which  remains  unsubscribed  for  will  thus  be  tilled  as  early  as  the  mo- 
ney will  be  wanted  for  the  public  service.  In  order,  however,  to  prevent  the  possibility  of  disappointment,  and  to 
remove  doubts  and  erroneous  expectations.  I  beg  leave  to  submit  the  propriety  of  autlinri/,ing  the  issue  of  treasury 
notes,  on  the  t()llowing  principles,  viz: 

1.  Not  to  exceed,  in  the  whole,  the  amount  which  may  ultimately  not  be  subscribed  to  the  loan:  that  is  to  say, 
that  the  amount  received  on  account  of  tlie  loan,  and  that  of  the  treasury  notes,  shall  not.  together,  exceed  eleven  mil- 
lions; which  limits,  therefore,  the  greatest  possible  amount  of  treasuiy  notes  to  less  than  $1,900,000. 

2.  To  bear  an  interest  of  5?  per  cent,  a  year,  equal  to  Id  cent  per  day  on  a  one  hundred  dollar  note. 

3.  To  become  payable  by  the  treasury  one  year  after  the  date  of  their  respective  issues. 

4.  To  be,  in  the  mean  while,  receivable  in  payment  of  all  duties,  taxes,  or  debts,  due  to  the  United  States. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant. 


Honorable  Laxgdon  Chkves,  (.'hainnaiiofthe  ComiiiUlce  of  Jl'aija  and  Means. 


ALBERT  GALLATIN. 


A. 

Wiicreas,  by  an  act  of  Congress,  passed  on  the  fourteenth  day  of  March,  in  the  year  of  our  Lord  one  thousand 
eight  hundred  and  twelve,  the  President  of  the  United  States  is  authori/.ed  to  borrow,  on  the  credit  of  the  United 
States,  a  sum  not  exceeiling  eleven  miilious  of  dollars,  at  an  interest  not  exceeding  six  per  centum  per  annum,  pay- 
able quarter  yearly,  so,  however,  that  no  engagement  or  contract  shall  be  entered  into,  which  shall  preckule  the 
United  States  from  reimbursing  any  sum  or  sums,  thus  borrowed,  at  any  time  after  the  expiration  of  twelve  years, 
from  the  first  day  ot  Jaimary.  one  thousand  eight  hundretl  and  thirteen:  And  whereas,  by  the  said  act,  so  much  of 
the  funds  constituting  the  aiuuial  appropriation  of  eight  millions  of  dollars,  for  the  payment  oi"  the  principal  and  in- 
terest of  the  public  debt  of  the  United  States,  as  may  be  wanted  for  that  purpose,  after  satisfying  the  sums  necessary 
for  the  payment  of  the  interest  and  such  part  of  the  principal  olsaid  debt  as  the  United  States  are  now  pledged  an- 
jiually  to  pay  and  reimbuise,  is  pledged  and  appropriated  for  the  paynsent  of  the  interest,  and  for  the  reimbursement 
of  the  principal  of  the  stock  now  to  be  created,  and  the  faith  of  the  United  States  is  pledged  to  establish  sufficient 
revenues  for  making  up  any  deficiency  that  may  hereafter  take  place  in  the  funds  now  appropriated  for  paying  the 
interest  and  principal  as  aforesaid:  And  whereas  the  President  of  the  United  States  did,  by  an  act  or  connnission, 
under  his  hand,  dated  the  thirtieth  day  of  March,  in  the  year  one  thousand  eight  hundred  and  twelve,  authorize 
and  empower  the  Secretary  of  the  Treasury  to  borrow,  on  behalf  oi'  the  United  States,  a  sum  not  exceeding,  in  the 
whole,  eleven  millions  of  dollars,  and  to  make  the  necessary  contract  fi)r  the  same,  pursuant  to  the  act  of  Congress 
above  recited: 

Now,  therefore.  The  undersigned  Secretary  of  the  Tieasury.  in  pursuance  o!'  the  act  of  Congress,  and  the  au- 
thority irom  the  President  of  th.e  United  States,  abovementioned,  doth  hereby,  on  behalf  of  the  I'nited  States,  con- 
nact  and  engage,  in  manner  following,  to  wit: 

1.  Books  for  receiving  subscriptions  to  a  loan  of  eleven  millions  o!'  dollars,  for  the  u»e  of  the  United  States,  shall 
be  opened  on  the  first  day  of  May  next, 

At  Portsmouth.  New  Hampshire,  at  the  Union  Bank. 

At  Sa/em,  Massachusetts,  at  the  Merchants'  Bank. 

At  Boston,  Massachuscttss.  at  the  State  Bank,  Union  Bank,  and  Massachusetts  Bank. 

.'5/  Providence,  lihode  Island,  at  the  Roger  Wdliams  Bank. 

At  Hartford.  Connecticut,  at  the  Bank  of  Hartlord. 

At  the  City  of  Neiv  York,  at  the  Maidiattan  Company  and  Mechanics'  Bank. 

.^t  I'hi/adelphia,  at  the  Bank  of  Peiuisylvania,  and  Farmers  and  ^lechanics*  Bank. 

.dt  Baltimore,  at  the  Bank  of  Baltimore  and  Connnercial  and  Farmers'  Bank. 

At  the  City  qfjrashington,  at  the  ofiice  of  the  Bank  of  Columbia- 

At  Eichmond,  Virginia,  at  the  Bank  of  Virginia. 

At  Charleston,  South  Carolina,  at  the  State  Bank  and  Planters  and  Mechanics'  Bank. 

AVhich  books  shall  continue  open  for  receiving  subscriptions  during  the  orilinary  hours  of  transacting  business  at 
the  Si.ul  banks,  for  two  days.  If  more  than  eleven  millions  of  dollars,  in  the  whole,  shall  be  subscribed,  the  surplus 
shall  be  deducted  in  proportion  to  the  sums  subscribed  in  each  place,  respectively,  by  a  reduction  of  the  subscriptions 
exceeding  four  thousand  dollars. 

•2.  For  every  hundred  ilollars  which  may  be  subscribed,  there  shall  be  paid,  at  the  time  of  subscribing,  the  sum 
<if  twelve  dollars  and  fifty  cents,  and  a  like  sum  of  twelve  dollars  and  fifty  cents  on  the  fifteenth  day  of  each  of  the 
ensuing  nvrnths  of  June,  July.  August,  September,  October,  November,  and  December,  one  thousand  eight  hundred 
rtiid  twehe,  respectively.  Each  subscriber,  at  the  time  of  paying  any  of  the  above  instalments,  alter  the  first,  may 
pay  all  or  any  number  of  the  subsequent  instalments,  and  will  be  entitled  to  receive  interest,  at  the  rate  of  six  per 
centum  per  annum,  on  the  amount  thus  paiil  from  the  time  of  actual  payment. 

3.  On  the  failure  of  payment  of  any  instalment  of  the  sums  subscribed  according  to  the  tenor  of  the  second  arti- 
cle, the  next  preceding  instalment  of  twelve  dollars  and  fifty  centn,  which  shall  have  been  paid  for  eveiy  hundred 
dollars  subscribed,  shall  be  forfeited  to  the  United  States. 

4.  If  any  subscriptions  shall  be  reduced  in  consequence  of  a  greater  sum  than  eleven  millions  of  dollars  being 
subscribed,  conformably  to  the  first  article,  the  amount  of  such  reduction  shall  be  forthwith  returned  to  the  sub- 
scribers from  whom  such  reduction  shall  have  been  made. 

5.  Each  subsequent  instalment  must  be  paid  at  the  same  bank  at  which  the  original  subscription  was  made, 
and  where  the  first  instalment  was  paid. 

6.  For  such  sums  or  number  of  shares  of  one  huntlred  dollars,  as  may  be  subscribed,  the  cashiers  of  the  respec- 
tive banks,  within  twenty  days  after  the  time  of  subscribing,  shall  give  certificates,  stating  the  sums  subscribed  and 
payment  made,  and  on  which  the  payments  of  the  subsequent  instalments,  when  made,  shall  be  respectively  en- 
dorsed: which  certificates  shall  be  assignable,  by  endorsement  and  delivery  of  the  parties,  in  whose  favor  they  may 
be  issued,  until  the  completion  of  the  payments  required  by  the  tenor  of  the  second  article. 

7.  After  the  completion  of  the  payments  aforesaid,  the  proprietors  of  the  certificates  of  the  cashiers,  (in  wliich 
such  payments  have  been  completed,  on  surrendering  the  same  at  the  loan  ofiice  of  the  State  in  which  the  subscrip- 
tion and  payments  shall  have  been  made,  shall  be  entitled  to  receive  from  the  commissioner  of  loans,  certificates  of 
funded  capital  stock,  bearing  an  interest  of  six  per  centum  per  annum,  from  the  time  when  the  said  instalments  shall 
have  been  paid,  respectively,  and  payable  quarter  yearly,  at  the  several  loan  offices,  or  at  the  treasury  of  the  United 
.States,  where  the  same  may  stand  credited;  which  certificates  of  funded  capital  stock  shall  be  issued  in  the  sums  of 
one  hundred,  fimr  hundred,  one  thousand,  tour  thousand  or  ten  thousand  dollars,  at  the  opti(»n  of  the  proprietor,  and 
shall  be  transferable  by  the  creditors,  or  Uieir  attorneys,  duly  constituted,  at  the  treasury  and  loan  offices,  respectively, 
in  the  same  manner  as  the  present  funded  debt  of  the  United  States,  and  in  pursuance  of  the  rules  which  have  been, 
or  which  may  be.  established,  relative  to  the  transfer  of  the  said  debt. 

8.  After  the  payment  of  the  fifth  instalment,  such  of  the  proprietors  of  the  certificates  of  the  cashiers,  of  four 
hundred  dollars  and  upwards,  as  may  then  be  desirous  of  funding  the  same,  may,  on  presenting  them  at  the  loan 
office  of  the  State  in  which  the  subscription  and  payments  shall  have  been  made,  receive  from  the  commissioner  of 
loans,  certificates  of  funded  capital  stock,  of  the  description  aforesaid,  for  the  amount  of  the  tour  first  instalments,  or 
one  moiety  of  the  sum  expressed  in  the  subscription  certificates. 

72  tt 


566  FINANCE.  [1812. 


9.  After  the  last  day  of  December,  in  the  year  one  thousand  eight  liundred  and  twenty-four,  and  after  reasona- 
ble notice  to  the  creditors,  which  shall  be  ^iven  by  an  advertisement  in  some  public  newspaper,  printed  at  the  seat 
of  the  Government  of  the  United  States,  the  said  capital  stock  shall  be  redeemable  at  the  pleasure  of  the  United 
States,  by  the  reimbursement  of  the  whole  sum  whicii  may  at  that  time  stand  credited  to  any  proprietor  on  the  bonks 
of  the  treasury,  or  of  the  loan  offices,  respectively. 

10.  So  much  of  the  funds,  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  payment  of 
the  principal  and  interest  of  tfie  public  debt  of  the  United  States,  as  may  be  necessary  for  the  regular  payment  of 
the  interest  and  for  the  reimbursement  of  the  principal  of  the  stock  to  be  created  under  this  contract,  together  witi» 
the  faith  of  the  United  States  for  its  due  fulfilment,  are  hereby  pledged,  in  pursuance  of,  and  according  to,  the  terms 
and  conditions  of  the  act  of  Congress  herein  before  recited. 

Given  under  my  hand,  and  the  seal  of  tlie  treasury  of  the  United  States,  at  Washington,  this  thirty- 
first  day  of  March,  one  thousand  eight  hundred  and  twelve. 

ALBKRT  GALLATIN,  Secretary  of  the  Treasury. 

B. 

Treasury  Depaktmknt,  dpnl  7th,  1812. 

Sip: 

1  take  the  liberty  of  enclosing  to  you copies  ol  a  contract  for  laising,  by  loan,  eleven  millions  of  dollars,  pur- 
suant to  an  act  of  Congress,  passed  on  the  1 1th  day  of  March  hist.  Presuming  tliat  your  institution  would  be  dis- 
Fosed  to  facilitate  this  operation,  it  has  been  named  as  one  at  which  subscriptions  to  the  loan  would  be  received, 
will  thank  you  to  apprize  me  immediately,  if,  from  any  cause,  it  should  be  incompatible  with  your  views  to  accede 
to  this  anangement. 

If  the  bank  shall  consent  to  receive  the  subscriptions  in  the  manner  proposed,  it  will  be  necessary,  in  the  first 
place,  that  a  book,  in  which  the  subscribers  may  enter  their  names,  and  the  sums  to  be  loaned  by  them,  should  be 
provided.  This  will  consist  of  a  book  of  sufficient  magnitude  to  receive  all  the  subscriptions  likely  to  be  made  at 
your  bank,  to  the  first  page  of  which  one  of  the  copies  of  the  contract  or  terms  of  the  loan,  herewith  transmitted, 
signed  by  the  Secretary  of  the  Treasury,  and  sealed  with  the  treasury  seal,  is  to  be  affixed.  The  subscribers  will 
write,  in  words  at  length,  against  their  names,  the  amount  which  they  intend  to  subscribe:  And  on  the  same  lines, 
respectively,  the  eighth  part  of  that  sum,  being  the  first  instalment,  is,  as  soon  as  paid,  to  be  entered  by  your  cashier, 
in  figures,  in  a  column  left  for  that  purpose,  at  the  ridit  hand  side  of  each  page.  This  entry  will,  it  is  presumed, 
be  asufficient  receipt  to  the  subscriber,  until  the  cashier's  certificate,  or  scrip,  shall  be  issued  to  him.  which,  accord- 
ing to  the  sixth  article  of  the  terms  of  the  loan,  will  be  within  twenty  days  after  the  time  of  subscribing.  Yet,  if 
the  parties,  or  any  of  diem,  should,  at  the  time  of  subscribing,  require  receipts  from  the  cashier,  they  may  be  given 
in  his  name,  in  any  form  you  may  prescribe,  and  to  be  returned  when  the  above  mentioned  certificates  or  scrips 
shall  be  delivered.  The  whole  amount  paid  at  the  tin>e  of  subscription,  is  to  be  credited  to  a  distinct  account,  bear- 
ing that  designation,  and  not  to  be  carried  to  the  credit  of  the  Treasurer  of  the  United  States  before  the  expiration 
of  twenty  days,  as  above  stated.  This  period  has  been  taken,  in  order  to  give  time  for  all  the  cashiers  of  the  banks, 
where  subscriptions  are  received,  to  return  to  the  treasury  an  account  of  tlie  sums  subscribed,  that  it  may  be  thus 
ascertained  whether  more  than  eleven  millions,  in  the  whole,  shall  have  been  subscribed,  and  a  reduction  of  the 
larger  subscriptions  shall  consequently  become  necessary,  as  provided  lor  in  the  first  article  ot  the  terms  of  the  loan. 
Immediately  after  the  subscription  is  closed,  on  the  second  day  of  May,  the  cashier  is  to  transmit  to  the  Secre- 
tary of  the  Treasury  an  account,  1.  Of  the  total  amount  subscribed;  2.  Of  the  portion  of  that  amount  subscribed  in 
sums  exceeding  4,000  dollars,  each;  and,  3.  A  list  of  all  the  subscriptions  exceeding  4.000  dollars,  each. 

As  soon  as  these  accounts  from  all  the  cashiers  of  banks  whei'e  subscriptions  are  received  shall  reach  the  trea- 
sury, it  will  be  ascertained  whether  any  reductions  of  subscr-iptions  will  be  necessary,  and  this  will  be  immediately 
communicated  to  the  cashiers,  who  will  then,  in  case  of  reduction,  i-epay  the  excess  to  the  subscribers,  credit  the 
Treasurer  of  the  United  States  for  the  residue,  and  issue  the  subscription  certificates,  which,  together  with  forms 
for  their  entry  and  registry,  will,  in  the  mean  time,  be  transmitted  from  the  treasury. 

As  some  of  the  banks  may  be  disposed  to  become  subscribers,  provided  the  amount  ot  their  subscription  be  depo- 
sited with  themselves  until  drawn  for.  for  public  purposes,  you  will  be  pleased,  in  case  of  any  such  subscription  on 
the  part  of  a  bank  in  your  State,  and  in  good  credit,  to  enter  the  same  in  a  separate  page  of  the  subscription  book, 
to  consider  the  receipt  of  the  cashier  of  such  bank  as  suflicient  evidence  of  payment  on  account  of  the  loan,  and  to 
enter  the  same  accordingly  in  the  book.  I  insert,  at  foot  of  this  letter,  the  names  of  the  banks  in  your  State,  which 
are  known  and  considered  at  the  treasury  as  sufficient.  To  these,  a  circular  letter,  one  of  which  you  will  also 
receive,  will  be  written  on  that  subject:  and  you  may  receive  subscriptions,  in  like  manner,  from  such  others  as,  in 
your  opinion,  are  perfectly  lesponsible. 

A  reasonable  allowance  for  tlie  expenses  of  stationary  and  extra  labor  of  the  cashiers  of  the  banks,  where  sub- 
scriptions to  the  loan  are  received,  will  be  made  irom  the  treasuiy. 

I  have  the  honor  to  be,  &c. 
The  President  of  the  Union  Bank  of  New  Hampshire, 
Union  Bank  of  Boston, 
Massachusetts  Bank, 
State  Bank,  Boston, 
Roger  Williams  Bank, 
Bank  of  Hartford, 

Manhattan  Company,  , 

Mechanics'  Bank,  New  York, 
Bank  of  Pennsylvania, 

Farmei  s  and  Mechanics'  Bank,  Philadelphia, 
Bank  of  Baltimore, 

Commtrcial  and  Farmers'  Bank,  Baltimore, 
Bank  of  Columbia, 
Do.     Washington, 
Do.     Virginia, 
State  Bank,  Charleston, 
Planters  and  Mechanics'  Bank,  Charleston, 
Merchants'  Bank,  Salem. 

c. 

'  Treasury  Department,  .^pfil  7,  1812, 

Sir; 

Having  thought  it  probable  that  some  of  the  banks  might  be  disposed  to  subscribe  to  the  loan  of  eleven  mil- 
lions of  dollars,  to  be  opened  oit  the  first  day  of  May  next,  and  that  it  would  be  an  additional  inducement  to  that 
measure  if  the  sums  to  be  paid  on  account  of  such  subscription  should  be  permitted  to  remain  in  deposite  in  the 
banks  making  the  subscription,  until  wanted  for  the  public  service.  I  have  taken  this  mode  to  notify  the  several 
banks  that  an  arrangement  of  that  kind  will  be  allowed  by  the  treasury. 

If,  therefore,  it  shall  suit  the  views  of  your  institution  to  subscribe  for  any  part  of  the  loan,  the  subscription  may 
be  made  at  the  bank  or  banks  in  your  State,  where  subscriptions,  by  the  terms  of  the  enclosed  contract,  are  to  be 
received,  and  the  amount  of  each  instalment,  as  it  becomes  payable,  may  remain  in  your  bank  to  the  credit  of  the 
Treasurer  of  the  United  States,  till  drawn  for  on  account  of  the  public  service.    A  receipt  or  certificate  of  your 


1812.]      SUBSCRIPTION  TO  LOAN  OF  ELEVEN  MILLIONS  OF  DOLLARS.        567 

cashier,  that  the  amount  of  each  instalment,  as  it  beconu's  payable,  is  placed  in  your  bank  to  the  credit  of  the  Trea- 
surer of  the  United  .States,  has  been  directed  to  be  accepted  at  tlie  banks  \vhfie  subscriptions  are  received,  as  suffi- 
cient evidence  of  tlie  payment. 

If,  from  the  terms  of  your  charter,  or  froin  any  other  cause,  it  should  be  deemed  improper  to  subscribe  to  tlie 
loan,  and  receive  stock  therefor,  and  the  bank  should,  nevertheless,  be  disposed  to  loan  money  to  the  United  States, 
at  a  rate  of  interest  not  exceeding  six  per  centum  per  annum,  a  special  contract  for  the  puipose  may  be  foimed.  In 
this  event,  you  will  be  pleased  t«  communicate  to  the  Secretary  of  the  '^rea^ury  the  amount  proposed  to  be  loaned, 
the  time  or  times  when  the  whole,  or  its  portions,  will  be  ailvanced.  atul  the  period  when  reimbursemetit  from  the 
United  States  will  be  expected.  The  same  privilege  will  be  allowed  in  this  case,  as  in  case  of  subscri|)tion  to  the 
loan,  of  permitting  the  ainount  wiiicii  may  be  engaged  to  be  advanced  by  the  bank,  to  remain  in  the  bank  in  depo- 
site,  till  drawn  for  by  the  Treasurer  for  the  current  service. 

I  have  the  honor  to  be.  &.C. 

ALBERT  GALLATIN. 

The  President  of  the  Bank  of  New  Hampshire, 
Boston  Bank, 
Maine       do. 
Portland  do. 
Saco         do. 
Bank  of  Newbury  port, 
Salem  Bank, 
Bank  of  Essex, 

Providence, 

Rhode  Island, 

Bristol, 
Newport  Bank, 
Bank  of  New  London, 

Middletown, 

New  Haven, 
Union  Bank,  New  York, 
Bank  of  New  York, 
Merchants'  Bank,  New  York, 
State  Bank,  Albany, 
Philadelphia  Bank, 
Bank  of  North  America, 

Maryland, 
Union  Bank  of  Maryland, 
Mechanics'  Bank  of  Baltimore, 
Farmers  and  Mechanics'    do. 
Franklin  Bank,  do. 

Marine  do.  do. 

<  Farmers'     do.  of  Maryland, 

Union  Bank  of  Georg-etown, 
Potomac  Bank, 
Farmers'  Bank  of  Alexandria, 
Bank  of  Alexandria. 


D. 

Treasury  Department,  May  U,  181:2. 
Sir: 

To  my  letter  of  the  7th  instant,  I  beg  leave  to  add,  that,  ifit  should  suit  the  views  of  your  institution  to  loan 
any  sum  of  money  to  the  United  States,  at  a  rate  not  exceeditig  six  per  centum  per  annum,  without,  however,  sub- 
scribing to  the  proposed  loan,  and  receiving  stock  therefor,  a  special  contract  for  the  purpose  may  be  formed.  In 
this  event,  you  will  be  pleased  to  communicate  to  the  Secretary  of  the  Treasury  the  amount  proposed  to  be  loaned^ 
the  time  or  times  when  the  whole,  or  its  portions,  will  be  advanced,  and  the  period  when  reimbursement  from  the 
United  States  will  be  expectetl. 

I  also  request,  that,  in  the  event  of  your  institution  subscribing  to  the  proposed  loan,  you  would  inform  me  whe- 
ther it  would  be  your  wish,  in  case  of  reduction,  that  that  on  your  subscription  should  be  made  on  the  same  princi- 
ples as  on  all  others,  or  whether  you  would  leave  it  discretionary  with  me  to  reduce  it  to  a  less  sum  than  your  pro- 
portional siiare.  My  reason  tor  this  last  inquiry  is,  that,  in  the  event  of  a  larger  sum  beii,g  subscribed,  altogether, 
than  eleven  millions,  it  would  be  desirable  to  receive  the  whole  ainount  from  individuals,  and  to  reserve,  for  some 
subsequent  emergency,  the  resource  of  such  loans  as  may  be  obtained  from  the  several  banks. 

I  am,  very  respectfully,  &c. 

The  President  of  the  Union  Bank  of  New  Hampshire, 
Union  B.ank  of  Boston, 
Massachusetts  Bank, 
State  B.ank,  Boston, 
Roger  Williams  Bank, 
Hartford  Bank, 
Manhattan  Company, 
Mechanics'  Bank,  New  York, 
Bank  of  Pennsylvania, 
Farmers  and  Mech.anics'  Bank, 
Bank  of  Baltimore, 
Commercial  and  Farmers'  Banfe, 
Bank  of  Virgini-a, 
State  Bank,  Charleston, 
Planters  and  Mechanics'  Bank, 
Bank  of  Columbia, 
Bank  of  Washington, 
Merchants'  Bank,  Salens. 


568 


FINANCE. 


[1812. 


E. 

Slalement  of  Ihe  amount  obtained  on  the  1st  and  id  of  May.  1812,  on  account  of  the  Loan  of  Eleven  Millions  of 

Dollars. 


Portsmouth.  New  Hampshire, 

.Salem,  Massachsuetts,        -    Merchants'  Bank.(c) 

Boston.        -  -  -    State  Bank,(«) 


Providence,  Rhode  Island, 


Hartford,  Connecticut, 
New  York,  - 


Bristol  Bank,(f) 
Roger  Williams  Bank, 
Newport  Bank, 


$20,000 
500,000 

50,000 
20,000 
10,000 


From  Banks. 


Philadelphia, 


Baltimore, 


Washington, 


Richmond, 
Charleston, 


Manhattan  Bank.CiO)             -  600.000 

Mechanics'  Bank, (a)             -  600,000 

State  Bank,  Albany,(c)  {a)  -  60,000 

Bank  of  Pennsylvania,  (6)    -  500,000 

Farmers  and  Mechanics'  Bank,  300,000 

Philadelphia  Bank,(c)           -  100.000 

Bank  of  North  Amenca.(c)  100,000 

Trenton,  N.  J.  Bank,(f)      -  20,000 

Newbern.  N.  C.  Bank,(c)    -  25,000 

Bank  of  Baltimore,   -            -  50,000 

Union  Bank  of  Maryland,(c)  50,000 

Farmers  and  Merchants'  Bank,(f)  20,000 

Mechanics"  Bank,(c)            -  20,000 

Franklin  Bank,(0     -            -  20,000 

Commercial  and  Farmers'  Bank,  20,000 

Marine  Bank,(c)       -           -  20.000 

Bank  of  Mary  land  ,(f)           -  10.000 

Bank  of  Columbia.    -           -  200,000 

Bank  of  Alexandria,             -  100,000 
Farmers'Bankof  Alexandria,(f)  (a)  100,000 

Union  Bank  of  Georgetown. (c)  75,000 

Bank  of  Washington,           -  50,000 

Bank  of  Virginia,(a)             -  200,000 

Planters  and  Mechanics'  Bank.  200,000 

State  Bank,(a)          -           -  150.000 


$20,000 
500,000 


80,000 


1.260,000 


1,045,000 


210,000 


525,000 
200,000 


350.000 


From  Indivi- 
duals. 


$11,500 
102.900 
263,000 


14,200 
6,200 


165,400 


525,800 


611,800 


73,600 
79,100 


75,400 


Total. 


$4,190,000 


$1,928,900 


$11,500 
122,900 
763,000 


94,200 
6,200 


1.425,400 


1,570,800 


821,800 


598,600 
279,100 


425,400 


$6,118,900 


(fl)  On  special  contract. 

(6)  Stock  or  special  contract,  at  the  option  of  the  Government.    All  the  other  banks  receive  stock, 
(c)  These  banlcs  are  not  usual  places  of  deposite  for  public  moneys.     All  the  banks  with  which  public  deposites 
are  made,  subscrilied;  those  of  Massachusetts,  Union,  (Boston)  Saco,  and  Maine,  excepted. 


12ih  Congress.] 


No.  376. 


[1st  Session. 


LOUISIANA    STOCK. 


COMMUNICATED  TO  THE   HOUSE   OF  REPRESENTATIVES,  MAY  21,    1812. 


Sir: 


Treasury  Department,  May  21,  1812. 


The  Louisiana  six  per  cent,  stock  is  said  to  be  generally  from  3  to  1  per  cent,  below  par.  It  is  important, 
at  a  time  when  new  loans  are  opi-ned  and  contemplated,  that  stocks  of  a  similar  nature  with  those  offered  to  sub- 
scribers should  be,  if  practicable,  at  par:  and  it  is  believed  that  this  object  would  be  promoted  by  making  the 
Louisiana  stock  transferable,  as  the  old  debt,  from  the  treasury  books  to  those  of  the  commissioners  of  loans,  and 
from  these,  afterwards,  to  any  other  commissioner's  book,  or  to  the  treasury.  Being,  by  the  act  of  November  10, 
1803,  fixed  on  the  treasury  books,  the  transfers,  in  case  of  sale,  and  tiie  payments  of  dividends,  are  made  exclusively 
at  Washington.  The  delay,  and  the  necessity  of  employing  an  agent  here  for  those  purposes,  have  the  effect  of 
depressing,  in  the  commercial  cities,  the  price  of  that  stock  below  its  real  value. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  Langdon  Cheves,  Chairman  of  the  Committee  of  IVays  and  Means. 


1812.]  STATE    OF    THE   FINANCES. 


569 


12th  Congress.]  ]Vo_  377  [1st  .Sessio>  . 


RECEIPTS   AND    EXPENDITURES    ESTIMATE!)    FOR    181^2. 

COMMUNICATED   TO   THE    HOLSE    OF    RKPRESENTATIVES,     JUNE    29,  1812. 

Treasury  Dei-artment.  June  i it h,  1810. 
Siii: 

The  expenditures  for  the  year  1812, calculated  in  conformity  with  ihe  appropriations  made  by  Congress,  and 
adding  such  as  are  contemplated,  may  be  stated  in  round  numbers  as  foMowetli,  viz: 

1.  Civil  list,  diplomatic  intercourse,  and  miscellaneous  expenses  of  a  civil  natuie, 

appropriated,  -  -  -  -  -  -  SI, .022,030  02 

Printing  treasury  notes,  and  other  miscellaneous  expenses  not  yet  provided  for. 

estimated  at         -  -  -  -  -  -  .  37.9G!)  9i^ 


2.  Military  establishment,  including  militia,  volunteers,  and   Indian  depi-rtmeiit, 

appropriated  -  -  -  -  -  -        '        -  12,695,584  89 

Add  for  rangers,  &:c.  ---...  ioi,ll5  11 


3.  Naval  establishihent.  appropriated  .  -  -  .  3,404.069  00 

Add  for  gunboats.  &c.  ......  535.33040 


4.  Public  debt,  viz:  Interest,  including  200,000  dollars  estimated  interest  on  this 

year's  loan.  -  -  -  -  -  -  .  2,425,000  00 

Reimbursement  of  six  per  cent,  deferred  and  converted  stocks,  which  must  neces- 
sarily be  made,  -  -  -  ^  -  -  2,135,000  00 

Purchases  of  public  debt,  which  must  be  made,  if  the  debt  can  be  purchased  at  (he 

prices  limited  by  law,         .--...  3,440,000  00 


$1,560,000 

12,800,000 
.■5,940,000 


8.000,000 


826.300,000 


S2, 000,000 


The  funds  provided  to  meet  that  expenditure  are,  viz: 

1.  Of  the  balance  of  $3,500,298  06,  remaining  in  the  treasury  on  the  1st  of  January,  1812,  there  may 
be  applied  to  the  expenses  of  the  year,  -  -  -  .  .  . 

2.  The  receipts  into  the  treasury,  arising  from  the  duties  on  impojtation  and  sales  of  lands,  were 
estimated,  for  the  year  1812,  in  the  annual  report  of  22d  November  last,  at  $8,200,000.  This  esti- 
mate is  predicated  on  the  supposition  that  tiie  receipts  of  1812,  arising  from  duties  on  importations 
made  during  the  year,  would  be  equal  to  the  amount  of  debentures  payable  during  the  year,  and 

there  are  not  yet  any  data  from  which  a  more  correct  estimate  can  bemadv-.  -  -  8,200,000 

3.  Loan  authorized  by  law,         -  -  -  -  -  .  .  .  II^OOO^OOO 

4.  Treasury  notes,  according  to  the  bill  which  has  passed  the  House  of  Representatives,  -  5,'ooo'ooo 

Totltl.       ..--...-.        $26,200,000 


Two  branches  of  the  expenditure  may  fall  short  of  the  amount  appropriated:  ' 

1.  It  may  be  expected  that  the  wliole  amount  appropriated  for  the  military  establishment  will  not  be  expended, 
for  the  appropriations  are  sufficient  to  defray  the  expenses  of  the  old  establishments,  (about  10,000  men)  as  if  these' 
had  been  complete  on  the  1st  January  last,  and  of  the  additional  force  of  25,000  men,  as  if  the  whole  of  it  had  been 
raised,  and  in  actual  service,  on  the  1st  day  of  May  last:  neither  of  which  is  thefitct.  That  expenditure  not  being, 
in  any  degree,  under  the  control  of  the  treasury,  and  the  amount,  which  may  not  be  wanted,  being  unascertained,' 
a  provision  equal  to  the  sum  appropriated  must  still  be  contemplated.  Whether  the  number  of  men  in  actual  ser- 
vice in  the  navy  corresponds  with  that  for  which  provision  was  made  by  the  appropriations,  and  whether,  on  that. 
or  any  other  account,  there  may  be  less  expended  by  that  department  than  has  been  appropriated,  is  not  known  at 
the  treasury. 

2.  If  the  six  per  cent,  and  deferred  stocks  should  be  at  par.  the  whole  amount  of  the  sum  which  the  commis- 
sioners of  the  sinking  fund  will  otherwise  lie  bound  to  apply  to  purchases,  may  not  be  wanted. 

W'vAi  respect  to  the  funds  provided  to  defray  the  expenses,  no  more  than  $16,660,000  are  already  secured. 

The  subscriptions  to  the  loan,  including  $200,000  oflered  on  special  contract,  but  not  yet  accepted,  amount  to 
$6,460,000;  leaving  an  amount  unsubscribed  of        -  -  -  -  -  .         $4,540,000 

Which,  together  with  the  intended  treasury  notes,  ---.-.  5,000,000 

Makes  an  aggregate,  not  yet  obtained,  of  -----..        $9,540,000 
Funds  already  secured,  --.-...  16,660,000 

Total,  as  per  above,  -  -  ......       $26,200,000 


Although  the  experiment  of  issuing  treasury  notes  be  novel  under  this  Government,  tlie  solid  security  on  which 
they  rest,  the  facilities  they  will  oflier  in  making  remittances,  the  interest  they  bear,  and,  above  all,  the  power  to 
apply  them  to  the  payment  of  duties  and  of  public  lands,  induce  a  belief  that,  notwithstanding  some  difficulties  inci- 
dent to  a  first  emission,  the  amount  contemplated  may  be  put  in  circulation  before  the  end  oi'the  year. 

The  result  of  the  loan  is  more  doubtful.  The  old  six  per  cent,  and  deferred  stocks  are  two  or  thiee  per  cent, 
under  par;  and  any  depression  in  the  public  funds  would  seriously  afiect  the  sales  of  the  residue  of  the  new  loan. 
Nor  does  it  appear  eligible,  without  an  absolute  necessity,  to  give  a  premium  or  additional  inteiest  in  order  to  obtain 
subscriptions  for  that  residue.  For,  as  it  would  be  just,  in  that  case,  to  place  the  first  subscribers  on  the  same  foot- 
ing, the  charge  to  the  public  would  be  more  than  double  the  premium  actually  wanted  to  obtain  the  four  millior,s  and 
a  half  which  are  not  yet  subscribed. 

The  committee  will,  haying  all  the  facts  before  them,  be  able  to  decide  whether  any  additional  pro^^sion  ought 
to  be  made,  during  this  session,  in  order  to  guard  against  any  possible  contingency.  In  the  mean  while.  I  beg  leave 
to  suggest,  that  a  conversion  of  the  old  six  per  cent,  and  deferred  stocks,  into  a  new  six  per  cent,  stock,  not  mate 
rially  different  from  that  created  by  virtue  of  the  act  authorizing  the  loan  of  eleven  millions,  would  have  a  favorable 
effect  on  the  price  of  those  stocks,  and  thereby  might  facilitate  the  loan  of  this  year,  and  prevent  the  necessity  of 
applying, both  this  and  the  ensuing  years,  the  large  sums  which  must  now  be  expended  in  the  reimbursement  and  pur- 
chase of  the  public  debt. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Hon.  EzEKiEL  Bacon,  Chairman  of  the  Committee  of  Ways  and  Means. 


570  FINANCE.  [1812. 


12lhCoKGUESs.]  No.  378.  [1st  Session. 


SURETIES  IN  A  COLLECTOR'S  BOND  RELEASED. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    JULY    2,    1812. 

IVIr.  Wright,  from  tlie  committee  to  wliom  wa'^  referred  the  petitions  of  Solomon  Fraz.ier  and  Mary  Eccleston, 

made  the  following  report: 

That  the  said  Solomon  Frazier,  together  with  a  certain  Charles  Eccleston,  (since  deceased)  and  whom  the  iaid 
Mary  doth  represent,  on  or  about  the  eighteentli  day  of  May,  seventeen  hundred  and  ninety  five,  became  bound  to  the 
United  States,  with  a  certain  James  Fra'/.ier,  and  as  his  security,  in  the  penalty  of  two  thousand  dollars,  with  con- 
dition that  said  James  Frazier  should  well  and  faithfully  discharge  the  duties  of  collector  of  the  port  of  Vienna,  in 
Maiyland;  that  the  said  James  Frazier  continued  in  "that  office  till  April,  eighteen  hundred  and  five,  when  he 
resigned  the  same,  having,  in  the  year  1804,  sustained  a  heavy  loss  by  the  burning  of  his  dwelling  house,  with  most 
of  his  furniture,  in  the  night  time.  That,  afterwards,  to  wit,  in  eighteen  hundred  and  five,  writs  were  issued  on 
said  bond  against  said  Solomon  Frazier,  Charles  Eccleston,  and  James  Frazier;  that  Solomon  Frazier  was  taken, 
returnable  to  March  term,  eighteen  hundred  and  five:  Charles  Eccleston  died  before  the  return  of  the  writ  against 
him;  that  James  Frazier  was  not  taken  till  September,  eighteen  hundred  and  seven;  that  judgment  was  reeovered 
against  Solomon  Frazier,  in  eighteen  hundred  and  six,  for  the  penalty  of  the  bond,  to  wit,  two  thousand  dollars; 
that,  at  September  term,  eighteen  hundred  and  eight,  judgment  was  recovered  against  James  Fi-azier,  on  said  bond, 
for  two  tiiousand  dollars,  the  penalty,  and  nineteen  hundred  and  t\yenty  four  dollars  and  eighty-six  cents  damages 
or  costs,  (which  said  judgment,  as  to  the  damages,  your  committee  think  erroneous.)  That  a  ca.  sa.  was  issued  on  the 
twenty-ninth  day  of  June,  1810,  against  James  Frazier,  returnable  to  September  term,  1810;  that  the  same  James 
Frazier  was  taken,  and  in  the  custody  of  the  keeper  of  the  debtor's  apartment.  That,  afterwards,  on  the  third  day 
of  July.  1610,  by  the  direction  of  the  Secretary  of  the  Treasury,  by  an  instrument  of  writing  under  the  hand  and  seal 
of  said  Secretary,  the  said  James  Frazier  was  discharged  from  gaol,  as  an  insolvent  debtor,  on  his,  the  said  James 
Frazier's,  making  an  assignment  of  all  his  estate,  real,  personal,  and  mixed,  under  the  direction  of  the  then  district 
attorney;  which  said  discharge  was  unauthorized  by  statute.  Your  committee,  in  order  to  ascertain  the  amount  of 
the  goods,  chattels,  and  credits,  assigned  by  said  James  Frazier,  as  aforesaid  directed,  applied  to  the  Secretary  of 
the  Treasury  for  information  on  that  subject,  which  he  promised  to  furnish  as  soon  as  it  could  be  obtained,  but  which 
we  have  not  yet  received.  Your  committee,  by  a  number  of  depositions,  have  become  satisfied,  that,  about  the  time 
of  the  judgment  aforesaid,  against  said  James  Frazier,  he  had  property  sufiicient  to  pay  the  same.  Your  committee 
are  of  opinion  the  Secretary  of  the  Treasury  had  no  power  to  discharge  the  said  James  Frazier,  under  the  law  by 
which  he  was  discharged.  They  are  of  opinion,  also,  that,  at  common  law,  by  which  alone  he  could  have  been 
discharged,  the  discharge  of  the  principal  opeiates  a  discharge  of  the  securities.  Your  committee  are,  therefore,  of 
opinion,  that,  as  James  Frazier  had,  at  the  time  of  the  judgment,  sufficient  assets  to  pay  the  penalty  of  the  bond;  as 
he  was  discharged  under  a  statute  that  gave  no  authority  to  discharge  him;  that  as,  at  common  law,  the  discharge 
from  custody  of  the  principal  is  a  virtual  discharge  of  the  securities;  that,  therefore,  the  said  Solomon  Frazier  and 
Mary  Ecclestim  ought  to  be  discharged  from  said  debt,  for  which  purpose  they  have  directed  me  to  report  a  bill. 
All  which,  &.C. 

ROBERT  WRIGHT. 


12th  Congress.]  No.    379.  [2d  Session, 

REMISSION    OF    FORFEITURES. 

communicated    to    THE    HOUSE    OF    REPRESENTATIVES,    NOVEMBER    25,    1812. 

Mr.  Cheves,  from  the  Committee  of  Ways  and  Means,  to  whom  was  referred  so  much  of  the  President's  message 
of  the  4th  instant,  as  relates  to  the  late  importations  of  British  manufactures;  also,  the  petitions  of  sundry  mer- 
(  hants  of  New  York;  of  John  Tompkins  and  Adam  Murray,  merchants,  of  Richmond,  Virginia;  of  William 
VV.  Woolseyand  others,  merchants  ot  New  Haven,  Connecticut;  of  sundry  merchantsof  the  city  of  Philadelphia; 
of  sundry  merchants  of  Boston;  of  sundry  merchants  and  others,  of  the  city  of  Albany,  in  the  Stateof  New  York; 
of  sundry  merchants  of  the  city  of  Richmond.  Vii^nia;  of  sundry  other  merchants  of  Philadelphia;  of  sundry 
merchantsof  Savannah,  in  the  State  of  Georgia;  o\  sundry  merchants  of  Norfolk,  Virginia;  of  David  Lamb, 
of  Charleston,  South  Carolina;  of  sundry  merchants  of  the  city  of  Baltimore;  of  Charles  SiMurny  and  James 
Wells,  merchants,  of  the  city  of  Hartford,  in  the  State  of  Connecticutj  and  of  sundiy  merchants  of  the  town 
of  Alexandria,  in  the  District  of  Columbia;  all  praying  for  the  remission  of  penalties  and  forfeitures,  incurred 
by  them  as  importers  of  British  manufactures,  made  the  following  report: 

That  they  have  bestowed  on  the  subject  a  degree  of  attention  proportioned  to  its  importance:  that  they  have,  in 
the  present  investigation.  c(mfined  themselves  to  the  cases  of  importations  directly  irom  the  united  kingdom  of 
Great  Britain  and  Ireland,  and  that  the  result  of  their  examination  and  inquiries  will  be  found — 

First,  In  a  correspondence  with  the  Secretary  of  the  Treasury. 

Secondly,  In  a  detailed  examination  of  committees  of  merchants,  from  Boston,  New  York,  Philadelphia,  and 
Baltimore,  and  some  accompanying  documents. 

Thirdly.  In  a  statement  made  by  Mr.  Russell,'^late  Charge  des  Affaires  of  the  United  States  at  the  Court  of  Lon- 
don, who,  at  the  request  of  the  committee,  was  so  obliging  as  to  attend  them  and  give  this  statement. 

'Phat,  on  a  view  of  the  whole  subject,  the  committee  are  of  opinion  that  the  Secretary  of  the  Treasury  has  full 
power  to  remit  or  mitigate  the  penalties  and  forfeitures  incurred,  should  an  interposition  in  either  way  be  called  for 
by  the  circumstances  of  the  case,  and  therefore  recommend,  that  it  be 

liesolved.  That  it  is  inexpedient  to  legislate  upon  the  subject,  and  that  the  petitions,  with  the  accompanying 
documents,  be  referred  to  the  Secretary  of  theTreasury. 


Treasury  Department,  November  18,  1812. 

Sir: 

I  have  the  honor,  in  compliance  with  the  request  of  the  Committee  of  Ways  and  Means,  to  submit  the  fol- 
lowing statement  of  facts,  so  far  as  they  have  come  to  my  knowledge,  in  relation  to  the  late  importations  of  British 
inanutactures. 

■0 


1812.]  REMISSION    OF    FORFEITURES.  57I 


By  the  act  of  2d  March,  1811,  it  was  enacted  that  certain  provisions  of  the  act  "  to  interdict  the  commercial  in- 
tercourse between  the  United  States  and  Great  ]?ritainaii(l  France,  and  their  de()eiKiencies,  and  for  other  purposes," 
should  (until  the  President's  proclamation,  authorized  by  the  act,  shoidd  have  been  issued)  have  full  Ibrce,  and  be 
immediately  carried  into  efti?ct,  against  Great  Britain,  her  cdlonies,  and  d('|)endencies.  The  provisions  thus  re-en- 
acted forbade,  under  penalty  ot  torteiting  the  vessel  and  cargo,  to  import  into  the  United  Sta'es,  or  to  put  on  board 
any  vessel,  in  a  toreign  port,  with  intent  thus  to  import,  any  merciiandise  of  British  growth  or  manufacture,  from 
whatever  port  imported,  and  any  merchandise,  w  hatever,  from  a  British  port. 

It  was  further  enacted,  by  the  same  act,  (of  March  2,  1811,)  that,  in  case  Great  Britain  should  so  revoke  or 
modify  her  edicts,  as  that  they  should  cease  to  violate  the  neutral  commerce  of  the  United  States,  the  President 
of  the  United  States  should  declare  the  fact  by  proclamation;  that  such  pmclamation  should  l)eadmitted  as  evidence, 
and  that  no  other  evidence  siiould  be  admitted  of  .-.uch  revocation  or  modification,  in  any  suit  or  prosecution  for  the 
recovery  of  the  forfeitures  ab()vementioned;  and  that  the  restrictions,  above  stated,  should,  from  the  date  of  such 
proclamation,  cease,  and  be  discontinued. 

By  tile  act  of  Congress  of  18th  June,  1812,  war  was  declared  between  tiie  United  States  and  Great  Britain. 

On  the  23(1  of  the  same  month,  an  order  in  council  was  issued  by  the  British  Government,  purporting  to  be  a 
revocation  of  the  edicts  of  that  Government  which  violated  the  neutral  commerce  of  the  United  States,  subject, 
however,  to  certain  conditions,  specified  in  the  said  order. 

Immediately  after  the  promulgation  of  that  order,  British  merchandise  was  laden  on  board  the  American  vessels 
then  in  the  harbors  of  (ireat  Britain,  with  intent  to  import  tlie  same  into  tiie  United  States.  It  lias  been  stated! 
and  it  is  believed,  that  by  far  the  greater  part  of  those  shipments  were  made  in  confoimity  witli  previous  orders  from 
merchants  in  America  to  their  correspondents  in  Englatui,  by  which  these  had  been  instructed  to  make  such  ship- 
ments whenever  a  revocation  of  the  former  British  orders  in  council  shoulil  take  place:  it  having  been  presumed 
by  the  American  merchants  that  sucii  a  revocation  would,  by  virtue  of  the  abovementioned  act  of  Congress,  of  2d 
March,  1811.  produce  a  discontinuance  of  the  prohibitions  to  import  British  merchandise  into  the  United  States. 

On  the  30th  day  of  July  following,  the  account  of  tlie  declaration  of  war  having  reached  England,  a  temporary 
embargo  was  laid  on  American  vessels;  but,  on  the  ensuing  day,  they  were,  by  order  of  council,  i)ermitted  to  continue 
to  take  cargoes  of  British  merchandise,  and  to  proceed  to  the  United  States,  being  for  that  purpose  provided  with 
licences  protecting  them,  notwitlistanding  the  existing  hostilities,against  capture  by  British  cruisers.  It  has  been  stated 
that  the  time  for  obtaining  such  licences  was,  with  respect  to  American  vessels  then  in  England,  limited  to  tlie  irnii 
of  September  last;  and,  if  that  be  correct,  all  the  vessels  of  that  description  (with  tlie  exception  of  some,  wiiich, 
having  been  captured  by  American  cruisers,  retaken  by  the  British,  and  sent  into  Halifax,  have  not  yet  been  re- 
leased, and  perhaps  of  some  which  may  have  had  very  long  voyages)  may  be  presumed  to  have  arrived  in  tiie  Uniteti 
States. 

It  appearing  that,  however  reasonable  the  expectation  of  the  discontinuance  of  the  non- importation  act  might  have 
been,  yet,  not  only  the  act  had  made  the  President's  proclamation  the  only  evidence  of  the  fact,  but  that  the  restric- 
tions were  to  cease,  not  from  the  date  of  the  revocation  of  the  orders  in  council,  but  from  the  date  of  the  proclama- 
tion; that  the  act  to  put  merchandise  on  board  a  vessel,  with  intent  to  import,  was  forbidden  by  those  restrictions; 
and  that  (all  the  merchandise  having  been  thus  laden,  either  prematurely,  and  before  a  proclamation  could,  in  point 
of  time,  be  issued  by  the  President,  or  after  the  knowledge  ()f  war)  all  the  shipments  were  therefore  made  in  direct 
contravention  of  an  existing  provision;  the  collectors  were  instructed  to  seize  and  libel  all  such  vessels  and  cargoes 
without  discrimination.  No  exception  was  made  with  respect  to  vessels  captured  and  sent  in  by  American  priva- 
teers, because,  if  American  property,  their  right  to  make  prizes  was,  by  law,  confined  to  enemies'  property,  and 
whether  American  or  enemies',  the  forfeiture  to  the  United  States  had  been  incurred  from  the  date  of  the  shipment, 
and  could  not  be  superseded  by  a  subsequent  capture.  Instructions  to  prevent  any  interference,  in  tliat  respect, 
by  either  public  or  private  armed  vessels,  were  also  issued  by  the  President,  such  interference  being  considered 
wholly  unnecessary,  since  the  vessels  from  England  were  of  their  (iwn  accord  coming  into  the  ports  of  the  United 
States.  It  appears,  iiowever,  that,  in  some  cases,  the  owners  of  privateers,  that  have  made  captures  of  that  descrip- 
tion, intend  to  contest  the  prior  claim  to  forfeiture  of  the  United  States;  and  that,  in  those  cases,  the  question  must 
be  decided  by  the  courts. 

Previous  to  the  time  \vlien  those  importations  took  place,  it  being  understood  that  tlie  judges  of  some  of  the 
district  courts  had  restored  to  the  claimants,  prohibited  merchandise,  under  seizure,  on  their  giving  bond  for  the 
appraised  value  thereof,  the  district  attorneys  were,  on  the  15th  day  of  May,  1812,  imstructed,  by  the  ('omptrolier, 
to  oppose  every  motion  to  that  effect,  for  the  reasons  stated  in  his  letter.  It  appearing,  afterwards,  that  the  judges 
of  some  of  the  most  commercial  districts  had,  notwithstanding  that  opposition  on  the  part  of  the  United  States, 
continued  to  order  the  restoration  of  British  merchandise,  no  appeal  being  practicable,  since  the  orders  were  imme- 
diately executed,  and  tlie  commercial  interest  of  those  districts,  where  the  restoration  was  refused,  being  deeply 
affected  by  the  want  of  uniformity  in  the  decisions,  the  Comptroller  did,  on  the  5th  day  of  October  last,  authorize 
the  district  attorneys  to  withilraw  their  opposition  in  all  cases  of  bona  fide  American  property.  Copies  of  his  two 
circulars,  on  that  subject,  are  enclosed.  All  the  prohibited  merchandise  restored  to  the  claimants,  has  been  so  re- 
stored by  ordei-  of  court,  without  any  interference,  oUier  than  a  forced  acquiescence  on  the  ])art  of  the  Executive 
officers  of  Government.  With  respect  to  the  mode  of  appraisement,  it  appears  that  the  merchandise  has  generally 
been  valued  at  its  prime  cost,  adding  thereto  only  tlie  amount  of  duties,  tor  which  separate  bonds  have,  in  most 
cases,  been  taken.  To  this  there  are  some  exceptions,  the  valuation  being,  in  Rhode  Island,  below,  and  in  Connec- 
ticut, probably,  above,  the  prime  cost  of  the  goods. 

From  returns  transmitted  by  tlie  collectors,  some  of  which  are  in  part  on  estimate,  it  appears  that  the  prime 
cost  of  all  the  British  merchandise  imported  as  above  stated,  subsequent  to  the  alleged  revocation  of  the  British 
orders  in  council,  amounts  to  about  four  millions  sterling;  and  that  the  bonds  given  fi)r  the  value  will  fall  short  of 
eighteen  millions  of  dollars,  exclusively  of  the  !>!)nds  given  for  duties,  and  which  may  be  estimated  at  five  millions 
ot  dollars.  This  embraces  all  the  importatii.s  already  made,  and  will  not  be  materially  increased  by  vessels 
still  on  their  way;  unless  it  be  true,  as  has  beeii  asserted,  that  American  vessels,  which  had  sailed  to  the  Baltic, 
under  certain  British  licences,  will,  on  their  arrival  i;i  England,  be  provideil  with  new  licences  for  their  return  to 
the  United  States,  with  cargoes  of  British  merch;;ncl;se.  Such  importations  would  form  a  class  distinct  from  those 
now  under  consideration. 

Of  the  importations,  heretofore  made,  about  ^  in  value  were  in  vessels  which  sailed  from  England  between  the 
23d  of  June  and  1st  of  August  last,  and  the  residue  in  vessels  which  sailed  subsequent  to  the  month  of  July.  The 
whole  may  be  arranged  under  the  following  lieC'ls,  viz: 

1.  Merchandise  purchased  prior  to  the  non-iniportiiiion  act,  of  2d  March,  1811,  and  which  had  remained  ware- 
housed in  England  at  the  risk  of  the  American  owners. 

2.  Merchandise  purchased  subsequent  to  the  act  ol  2d  March,  1811,  and  prior  to  the  23d  of  June,  1812,  and 
which,  since  its  purchase,  had  remained  in  the  same  v,,annerin  England. 

3.  Merchandise  shipped  on  American  account  a; .;  ri>k,in  pursuance  of  orders  given  prior  to  the  23d  June,  1812, 
but  not  paid  for  till  alter  the  execution  of  such  ordt  -,  a"!  on  different  terms  of  credit. 

4.  Merchandise  shipped  in  pursuance  of  similar  ,  :dt :--,  but  consigned,  in  the  first  instance,  to  the  order  of  the 
American  correspondent  of  the  British  merchants,  t.  b>  delivered,  according  to  contingent  instructions,  to  the  real 
purchaser;  which  merchandise  becomes  American  property  when  thus  delivered,  but  remains  till  then  on  British 
account  and  risk. 

5.  Merchandise  shipped  entirely  on  British  account. 

There  are  no  data  from  which,  without  further  investigation,  the  amount  of  each  class  can  be  estimated. 

The  advance  on  the  prime  cost  at  which  the  merchandise  thus  imported  has  been,  or  can  be  sold,  is  not  precisely 
known,  and  will  undoubtedly  vary  according  to  the  species  of  the  goods.  It  has  been  asserted  that,  in  some  sales, 
the  advance  was  sufficient  to  cover  not  only  the  prime  cost,  charges,  and  duties,  but  even  the  whole  of  the  amount  of 
the  bonds.  That  this  may  have  actually  taken  place  in  some  particular  instances,  may  be  true;  and  it  is  probable  that 


572 


FINANCE.  [1812. 


the  importers  woulil,  so  far  as  they  could,  cover,  in  their  sales,  the  estimated  risk  of  being  obliged  to  pay  those  bonds. 
But  so  far  as  can  be  judged  from  tiie  cunent  price  of  goods,  and  from  some  sales  said  to  have  taken  place,  the  sup- 
position that  they  have  been,  or  can  be,  generally,  made,  so  as  to  cover  the  whole  amount  of  the  bonds,  is  believed  to 
be  greatly  exaggerated. 

It  is,  however,  an  indisputable  fact  that  the  iinporlation  fidls  generally  far  short  of  the  ordinary  former  annual 
importations  from  Great  Britain,  and  of  the  actual  demand  for  most  species  of  the  merchandise  imported;  and  that 
the  '"O'jils  are  accordingly  generally  sold  at  an  advance  greater  than  the  usual  profits  of  importers.  The  ditference 
consYitules  an  extraordinary  profit,  and  is  a  tax  levied  on  the  community  by  the  persons  who  have  imported  the 
merchandise  contrary  to  law;  \\  hich  extra  profit  or  tax  is  solely  due  to  the  non-importation  act  continuing  in  force 
with  respect  to  all  other  persons  and  importations. 

or  the  forfeitures  accrued,  one  half  is  by  law  vested  in  the  custom  house  officers,  or  informers;  and  the  other  half 
in  the  United  States.  The  power  to  remit  the  share  of  the  United  States,  and  of  all  other  persons,  in  whole  or  in 
pait,  and  on  such  terms  and  conditions  as  may  be  deemed  leasonable  and  just,  is  by  law  vested  in  the  Secretary  of 
the  Treasury.  But,  considering  the  magnitude  and  unforeseen  nature  of  the  case,  it  was  thought  proper  not  to 
exercise  that  authority  until  Congress  had  taken  the  subject  into  consideration,  and  prescribed,  if  they  diought 
proper,  the  course  to  be  pursued.  All  the  petitions  already  received  remain,  therefore,  suspended,  and,  in  order  to 
avoid  useless  expenses,  the  parties  have  been  generally  advised  to  delay  making  their  applications  in  the  manner 
directed  by  law,  until  the  decision  ot  Congress  should  be  ascertained. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Honorable  Langdon  Curves, 

Chairman  of  the  Committee  of  IFuys  and  Means. 


[circular.] 

Treasury  Department,  Comptrollers  Office,  Ma\j  15,  1S12. 

Sir: 

As  it  may  be  supposed  thai,  on  a  seizure  un<ler  the  law  of  March  1,  1809,  commonly  called  the  non-iinporta- 
tion  law,  the  claimant  has  a  right  to  the  repossession  of  the  property  seized,  by  giving  bond  as  pointed  out  by  the 
89th  section  of  the  collection  law,  it  is  deemed  proper  to  submit  to  you,  respectfully,  the  views  taken  of  this  subject 
at  this  Department.  If  such  be  a  correct  construction  of  it,  it  is  plain  that  it  will  go  tar  towards  defeating  die  ends 
contemplated  by  its  passage. 

'I'he  policy  and  intention  of  this  act  evidently  was  to  shut  the  door,  as  effectually  as  possible,  against  the  intro- 
duction of  I3rilish  manufactures.  The  motive  of  taking  bond  from  a  claimant,  under  the  89th  section  of  the  collec- 
tion law.  as  in  all  similar  or  analogous  cases,  unquestionably  is,  not  that  it  may  be  received  in  lieii  of  the  thing  sur- 
rendered, but  to  compel  or  ensure  the  fordicoming  of  the  thing  itself.  But,  the  state  of  things  existing,  and  always 
liable  to  exist,  under  the  non-importation  act,  would  hinder  the  operation  of  this  obvious  principle.  The  enhanced 
value  of  the  British  cinnmodity,  arising  fnmi  a  general  scarcity,  may  make  it,  in  most  cases,  the  interest  of  the 
illicit  importer  to  forfeit  his  bond,  the  penalty  being  regulated  by  the  ?io»7u'h«/ or  mt'oice  price  of  the  goods,  or  a 
sufficient  intermediate  rise  taking  place  before  the  trial,  although  the  penalty  was  fixed  according  to  the  market 
value  at  the  time  of  seizure.  The  act,  in  its  foundation,  its  objects,  and  entire  scope,  aims  at  the  total  exclusion 
from  the  country  of  all  British  goods.  If  thwarted  in  that  object,  its  next  is  to  transfer  them,  when  unlawfully 
introduced,  to  the  hands  of  the  Government.  To  sutler  them,  when  seized  for  an  apparent  breach  of  this  law,  to 
pass  to  the  immediate  and  virtual  ownership  of  the  claimant,  and  be  subject  to  his  disposition,  would,  in  a  great 
degree,  have  the  elfect  to  turn  it  aside  from  all  its  original  intendments. 

As  the  design  of  the  act  would,  thus,  be  liable  to  frustration,  it  maybe  asked  where  the  authority  is  Icjund  for 
tiiis  alleged  riglit  in  the  importer?  its  allowance,  if  it  would  endanger  the  primary  objects  of  the  Legislature, 
■-hould  rest  on  express  words,  or  implication  as  imperious.  The  18th  section  of  the  act  of  the  1st  of  March,  1809, 
in  referring  to  the  collection  law  as  the  rule  of  proceeding,  does  so,  it  is  apprehended,  only  in  relation  to  the  distri- 
bution of  the  forfeitures.  The  first  clause  of  that  section  stands  as  an  integral  provision,  relying  upon  no  other  law 
for  its  support,  and  capable  of  being  executed,  as  to  all  the  purposes  of  a  civil  or  criminal  suit,  merely  on  its  own 
footing,  with  the  aid.  indeed,  of  the  incidental  powers  of  the  court.  It  is  not  seen  that  this  general  or  resulting 
pjwei",  often  inherent  in  courts,  to  order  the  repossession  of  a  thing  claimed  on  stipulation,  or  caution  being  given, 
either  where  it  was  fiir  the  benefit  of  all  concerned,  or  where  the  thing  itself  was  perishable,  or  where  hardships 
was  le.ired  to  an  innocent  owner,  would  be  applicable  under  this  law.  But,  if  this  be  the  ground  of  the  importer's 
claim,  it,  of  course,  leaves  out  of  sight,  in  every  relation  to  the  point,  the  89th  section  of  the  collection  law.  If  he 
cannot,  then,  stand  upon  the  faith  of  any  imperative  injunction  put  upon  the  court,  it  will  follow  that  his  application 
must  be  addressed  to  its  discretion;  and  you  are,  in  such  case,  requested  to  resist  the  applicaticm,  as  opposed  to  the 
(lemonstrable  policy  of  every  part  of  the  act.  That  a  re-delivery  to  the  party  should  have  been  made  to  take  place, 
by  special  provision,  under  the  collection  law,  is  reconcileable  with  the  system  of  which  it  is  a  part,  which  looks 
only  at  a  derivative  offence  against  the  revenue,  without  any  where  contemplating  an  original  exclusion  of  tiie  article 
seized.  But,  a  similar  course  must  be  essentially  repugnant  to  the  spirit  of  a  law  which  addresses  itself  to  the 
interests  of  a  foreign  Power,  declaring  that  that  Power  shall  be  debarred  all  benefit  of  transporting  her  wares  to  the 
United  States,  and  seeks  to  close,  with  penal  sanctions,  the  very  threshold  to  their  entrance.  The  concluding  part 
of  the  eighth  section  of  the  law  further  distinguishes  it  from  the  collection  act,  and  by  prohibiting,  under  a  penalty, 
the  ptiraiase  of  British  goods,  knowing  them  t!)  be  liable  to  seizure,  holds  out  anintiniation  that  every  practicability 
to  their  sale  should  be  foreclosed,  while  their  liability  to  condemnation  remains  undecided. 

I  beg  leave  to  call  your  attention  to  tiie  third  section  of  the  act.  in  pari  materia,  of  the  2d  of  March,  1811.  The 
first  proviso  of  this  section,  by  pointing  out  a  specific  case  in  which  British  goods,  unlawfully  introduced,  may  be 
delivered  to  the  owner  upon  band,  llirnislie;,  it  is  conceived,  an  argument  of  weight,  that  in  no  other  state  of  things 
ought  it  to  be  done. 

These  suggestions  are  respectfully  submitted  for  your  consideration  and  government.  You  will,  doubtless,  be 
able  to  extend  them,  and  will  superadd  such  other  views,  in  elucidation  of  the  meaning  ascribed  to  the  law  at  this 
Department,  as  your  own  reHections  may  supply.  Under  a  conviction  of  its  importance  to  the  genuine  intentions 
of  the  Government,  it  is  particularly  wished  that  you  would  resist,  in  every  instance,  a  restoration  to  the  claimant 
of  the  property  seized,  and  never  part,  unless  by  the  express  order  of  the  court,  with  the  substantial  security  of  a 
lien  f)r  the  inferior  and  precarious  safeguard  of  personal  responsibility. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

RICHARD  RUSH. 


[CIRCULAR  TO  DISTRICT  ATTORNEYS.] 

Treasury  Department,  Comptroller's  Office,  October  5,  1813, 


Sir: 

Since  the  circular  of  the  15th  of  May,  addressed  to  you  from  this  office,  it  appears,  fnun  information  received, 
that,  in  some  of  the  districts,  the  coui  Is  hold  themselves  bound  to  deliver  up  the  vessel  and  goods,  seized  in  viola- 
tion of  the  non-importation  law,  on  satislactory  bond  given  by  the  claimant,  while  in  others,  the  opposition  made  to 
this  course  by  the  attorneys  of  the  United  States,  has  been  found  to  avail  with  the  court  to  refuse  such  delivery. 

It  is  desirable  that  the  law  in  question,  whatever  views  may  still  be  entertained  of  its  original  intention,  should 
operate  equally  on  the  merchants  or  other  owners  of  property  seized,  in  every  part  of  the  Union. 


1812.]  REMISSION  OF   FORFEITURES.  573 


Seeins;,  therefore,  that  a  different  line  of  practice  is  found  to  govern  the  courts  in  difterent  districts,  upon  this 
point,  and,  in  order  to  prevent,  as  far  as  possible,  any  inconvenience  or  supposed  injustice  to  individuals,  resulting 
from  such  difference, you  are  hereby  i-eqiiested  (o  withhold  the  oppobitioti  you  were  requested  to  make  to  the  delivery  of 
the  property  to  the  claimant,  on  his  giving  bond;  the  object  being,  that,  as  the  decisions  of  the  courts  are  not  to"  be 
controlled  by  this  department,  you  may  thus  lend  your  aid,  negatively,  at  least,  (ov/ards  the  uniform  execution  of 
the  law.  You  will  be  pleased,  however,  to  consider  this  relaxation  as  extended  to  |)r(>perty  owned  by  American 
citizens  only,  and  to  urge,  in  all  cases,  a  true  and  adequate  appraisement. 

I  have  the  lionor  to  bo,  &c. 


,  Attorney  of  the  LJnilcd  States  for 


RICHARD  RUSH. 


Trkasiirv  YiF.PXKTwv.st,  November  i^d,  ISl-J. 
Sir: 

I  had  already  transmitted  an  answer  to  your  letter  of  the  18th  insiant,  vvhen  I  had  the  honor  to  receive  that 
of  the  20th,  requesting,  in  addition  to  the  statement  of  facts,  such  further  and  olhei-  views  of  the  subject  of  the  late 
importations  of  British  manul'actuies,  as  I  miglit  think  proper,  and  particularly,  whether,  in  my  opinion,  tlieir  im- 
portation has  not  been  actually  and  materially  advantageous  to  t!ie  Govennnent. 

Having,  in  the  answer  already  transmitted,  stated  all  the  important  facts  within  my  knowledge,  I  cannot  pre- 
sent the  subject  in  any  new  or  other  view  than  that  exhibited  by  those  facts. 

Tlie  payment  of  five  millions  of  dollars  for  duties  on  those  imptirtations,  had  b^'en  stated,  and  is  advantageous  to 
Government.  Indirect  aid  may.  also,  perhaps,  have  been  deiived  from  the  increase  of  supplies,  and  from  the  return 
of  American  capital,  produced  by  (liat  event.  }5ut  these  advantages,  whatever  they  may  be,  have  been  forced  upan 
Government,  and  cannot  be  urged  as  a  service  rendered  by  tliese  impoi'ters.  Had  fhosi'  advantages  been  supposed 
sufficient  to  outweigh  other  political  considerations,  the  importations  might  lia\e  been,  and  still  might  be.  permitted 
and  regulated  by  law.  In  the  case  of  tite  Calcutta  vessels,  whose  cargoes  (for  ilie  landing  of  wliich  In  the  I'nlted 
States  bond  had  been  given  in  India)  have,  by  the  act  of  5th  July  last,  been  admitted  to  entry,  this  was  done  on  the 
express  condition  of  the  merchandise  being  warehoused,  and  remaining  subject  to  th>'  future  disposition  of  Govern- 
ment— thus  reserving  tiie  power  to  fix  the  terms  on  which  those  cargoes  should  be  restored  to  tlie  owners,  and  their 
sale  be  permitted,  tn  the  case  now  under  consideration,  the  persons  who  have  Imported,  contrary  to  law,  do  not 
seem  entitled  to  more  advantageous  terms  than  would  probably  have  been  imposed,  had  a  previous  permission  been 
granted. 

Upon  the  whole,  I  continue  in  the  opinion,  submitted  with  great  deference  to  the  committee,  that  the  one  half  ol 
the  forfeitures,  which  would  otherwise  fall  to  the  share  of  collectors,  ouglit  to  be  remitted;  but  that,  with  respect  to 
the  one-half  belonging  to  the  United  States,  justice  to  the  community  requires  that,  when  remitted,  at  least  an  equi- 
valent may  be  secured  to  the  public  for  t!ie  extra  profit  beyond  that  on  common  importations,  which  arises  from  the 
continuance  of  the  non-importation  act. 

I  have  the  honor  to  be,  &c. 

ALBERT  GALLATIN. 

Hon.  Langdon  Cheves,  Chairman  of  the  Cominittee  of  TJ'ay.i  and  Means. 


EXAMINATION  OF  COMMITTEES  OF  MERCHANTS,   &c. 

Several  committees  of  the  petitioners  and  other  merchants  interested  in  these  importations,  attended  your  com- 
mittee: these  were,  John  G.  Coster,  John  Mason.  Washington  Irving,  and  Abraham  R.  Laurence,  from  New  York; 
Nathan  Amileton,  from  Boston;  Caleb  Cresscm,  Jun'r,  William  Schlatter,  and  Samuel  Harvey,  from  Philadelphia; 
and  Luke  Tiernan,  Philip  E.  Thomas,  and  Evan  Thomas,  from  Baltimore. 

The  statements  made  by  these  gentlemen,  who  are  men  of  character  and  respectability,  were  delivered,  appa- 
rently, with  such  fairness  and  candor,  as  induced  your  committee  to  give  much  credit  to  them.  The  statements 
made  by  the  committee  from  New  York  have  been  corroborated  and  confirmed  by  declarations,  made  on  oath,  by 
persons  disinterested,  as  well  as  those  interested  in  these  importations. 

NEW  YORK. 

The  committee  from  New  York  stateil,  tha*  the  current  repisrts  of  enormous  advances  obtained  by  them,  were 
not  well  I'ountled;  that  some  of  them  were  entirely  uidbunded;  that  they  had,  for  example,  heard  it  stated  that  three 
hundred  per  cent,  had  been  obtained  in  New  York;  that  a  local  mode  of  selling  English  goods  in  New  York,  must 
have  laul  the  foundation  of  this  mis-statement;  that  it  Is  usual  In  that  city  to  demand  and  obtain  three  for  one,  in 
the  sale  of  such  goods:  which  means  -G.T  New  York  currency  for  £\  sterling,  which  leally  yields  but  sixty-eight 
and  two- thirds  per  cent,  advance  on  the  prime  cost.  They  admitted  that  particular  articles  had  been  s(;!d  for  veiy 
high  prices;  that  these  prices,  however,  were  nut  exacted  from  a  desire  or  deternilnatioii  to  include  in  fliein  the 
penalties  which  might  be  enforced  by  the  Government,  but  from  the  gieat  competition  which  existed  in  the  market 
for  the  articles;  that,  for  these  articles,  there  was,  to  use  the  words  of  Mr.  Irving,  one  of  the  committee,  "a  raven- 
ous demand;"  that  it  was  understood  that  there  were  three  army  contractoi-s,  ;it  one  time,  bidding  upon  each  other: 
that  these  articles  were  few  in  number,  and  formed  but  a  small  part  of  the  amount  iinported;  that  they  did  not 
exceed  one-eighth  part  of  that  amount;  that  there  were  none  of  them  In  the  invoices  of  some  importers:  that  Mr. 
Coster,  one  of  the  petitioners,  had  Imported  to  the  amount  of  nearly  £30,000  sterling,  prime  cost,  and  had  not 
received  an  article  of  this  description;  that  the  goods  which  commanded  such  high  prices  consisted,  principally,  of 
blankets  and  coarse  woollens;  that  these  were  bulky  articles,  and  paid  a  high  fieight:  that  the  same  circumstance 
made  them  liable  to  an  extraordinary  portion  of  oilier  charges;  that  the  very  liigh  prices  which  were  obtained, 
were  often  received  by  second  and  third  purchasers,  and  not  by  the  importers:  that  there  are  three  descriptions  of 
dealers  in  these  goods  in  New  Y'ork:  1st.  The  large  impmters.  Odly.  Large  purchasers,  who  have  money  at  com- 
mand, who  are  well  acquainted  with  the  state  of  the  market  for  every  article,  and,  when  there  is  a  scarcity  of  a  par- 
ticular article,  monopolise  it  and  raise  the  price — these  are  called  jobbers.  And,  3dly.  The  retailers:  and  they 
stated,  tliat  the  very  high  prices  alluded  to  had  frequently  been  received  by  the  second,  and,  sometimes,  by  the  last 
<lescrlption  of  persons,  and  not  by  the  petitiiiners.  Hardware,  cotton  goods,  glass  ware,  and  fine  goods,  generally, 
have  not  been  sold  at  high  prices.  Some  goods  have  become  unsaleable,  from  change  of  fashions;  some  come  into 
(lisadvantageous  competition  with  American  manufactures,  \vhich  have  grown  up  or  increased  in  quantity,  while 
these  goods  have  been  lying  in  England:  some  are  not  worth  cost  and  charges.  Goods  for  the  Southern  inarkets 
(South  Carolina  and  Georgia,  for  example)  are  unsaleable,  from  the  expense  or  impracticability  of  land  carriage,  the 
risk  of  water  conveyance,  from  the  cruisers  of  the  enemy,  and  other  circumstances  of  war.  The  occurrence  of  peace 
and  free  intercourse  would  make  the  importers  great  losers  on  many  of  those  importations.  The  following  were 
stated  as  the  ordinary  charges:  four  per  cent,  export  duty;  two  per  cent,  inland  charges  on  valuable  fine  dry  goods: 
the  same  charges  on  coarse  goods  are  much  greater;  one  per  cent,  for  packing,  wrappers,  &c.;  one  per  cent,  for 
insurance  and  storage  against  fire  till  shipped;  two  per  cent,  fieight  on  the  average  of  fine  goods;  ten  per  cent,  on 
coarse  goods;  on  crockery,  from  two  hundred  to  three  hundred  per  cent,  insurance  against  sea  risk,  &c.;  three 
per  cent,  on  the  aggregate  amount  of  value  as  usually  calculated  in  policies;  commission  tor  purchasing,  from  two 
and  a  half  to  five  per  cent.;  one  per  cent,  for  receiving  and  paying  over  the  remittance.  The  average  of  the  lowest 
duties,  us  calculated  at  the  custom  house,  amounts  lo  thirty-three  and  one-third  per  cent,  on  the  prime  cost;  on 
73  tt 


574  FINANCE.  [1812. 


crockery  and  glass  ware,  hardware,  plated  ware,  silks,  millinery,  &c.,  fifty  per  cent.    The  duty  is  calculated  by 
adding  ten  per  cent,  on  the  prime  cost,  and  on  all  charges  which  precede  the  shipment,  except  commission  and  out- 

The  following  were  stated  as  extraordinary  charges  and  losses:  One  and  a  half  per  cent,  for  extra  storage  and 
insurance  against  fiie.  Many  of  the  goods  lay  in  store  for  more  than  eighteen  months;  average  storage  twelve 
months;  seven  per  cent,  (the "legal  interest  of  the  State  of  New  York)  for  the  average  detention  of  one  year  on  the 
purchase  money.  The  goods  which  have  been  disposed  of,  were  sold  on  a  credit,  without  interest,  of  from  six  to 
twelve  months;  average  seven  to  eight  months.  A  great  portion  of  the  goods  will  remain  long  on  hand;  all  Spring 
soods,  at  least  till  the  Spring.  Great  charges  and  embarrassments  have  been  incurred  from  capture  by  American 
privateers.  Cargoes  have  been  carried  into,  atul  delivered  in,  ports  distant  from  those  in  which  they  were  owned, 
and  to  which  they  were  destined.  Importers  iiave  sustained  grievous  court  charges  under  the  prosecutions  directed 
by  the  Government.  In  New  York,  the  courts  iiuve  authorized  a  separate  libel  against  the  property  of  every  im- 
porter, on  each  of  which  tlie  costs  iiave  been  $50  25.  though  the  property  may  not  have  consisted  of  more  than  a 
single  package.  The  gross  charges  will  average  sixty  per  cent,  on  fine  goods,  and  on  coarse,  they  will  be  greater. 
They  admit  that,  if  the  penalties  and  forfeitures  be  remitted,  the  petitioners  will  have  a  handsome  profit,  not  much, 
however,  exceeding  the  usual  profits  of  ordinary  trade,  and  it  will  be  the  vvhole  profit  of  two  or  three  years  of  em- 
barrassed, and  otherwise  losing  cornmeice.  II  the  bonds  be  exacted,  it  will  greatly  distress  all  the  importers.  Many, 
it  will  ruin.  The  petitioners  had  given  no  orders  which  authorized  the  shipment  of  their  goods  under  the  actual 
circumstances  which  attended  their  shipment.  It  was  an  error  of  judgmentin  (heir  agents,  though  it  was  a  very 
general  error,  and  one  wliich  ought  not  to  prejudice  the  importer.  It  was  confidently  believed  in  England,  that  the 
importation  would  be  permitted,  and  deemed  legal.  A  printed  ))aper,  of  which  a  copy  is  annexed,  was  circulated 
among  all  those  engaged  in  the  American  trade,  as  proof  that  there  was  no  danger  in  these  shipments.  The  peti- 
tioners knew  so  little  of  the  actual  state  of  the  fact,  that  they  v/ere,  at  first,  greatly  afraid  of  British  capture.  Those 
who  shipped  after  the  existence  of  the  war  was  known,  did  it  to  get  the  property  out  of  the  hands  of  the  enemy, 
choosing  to  rely  rather  on  the  justice  and  the  moderation  of  their  own  Government,  than  the  forbearance  of  a  foreign 
government  and  an  enemy.  If  the  property  hiul  lain  in  England  to  the  end  of  the  war,  it  would  have  been  ruinous 
to  the  owners.  A  portion  of  their  property  was  originally  invested  iii  British  manufactures,  because  they  had  no 
means  of  getting  it  home  without  great  sacrifices,  and  on  account  of  the  ;ictual  and  growing  depreciation  of  the 
paper  credit  of  Great  Britain  at  the  time. 

The  petitioners  have  never  tiolated  any  of  the  laws  of  the  country,  while  their  particular  interests  have  often 
been  injuriously  and  deeply  atlected  by  them. 

Sotne  of  the  petitioners  might,  by  a  comproioise,  which  was  offered  to  them  by  the  American  privateers,  which 
had  captured  their  property,  have  obtained  it  by  the  payment  of  oidy  two  and  a  half  per  cent.;  and  though  this  would 
not  have  given  them  any  legal  security,  it  might  have  enabled  them  actually  to  evade  the  operation  ot  the  law,  as 
they  believe  some  persons,  dealing  less  fairly,  have  done  by  the  same  means.  These  petitioners,  incapable  of  such 
an  act.  have  relied  on  the  justice  of  their  own  Government.  They  did  not  believe — the  citizens  of  New  York,  gene- 
rally, had  no  idea.  that,  under  the  hard  circumstances  of  their  case,  their  own  Government  would  either  forfeit  their 
propei  ty,  or  mulct  them  where  they  intended  no  violation  of  the  laws  of  the  country. 

[Copy  of  the  printed  paper  referred  to  in  the  foregoing'  statement.] 

Extract  from  ihepraent  non-importation  act  of  the  United  Sl.ale,% 

'"Sec.  3.  Jlvil  be  it  furllicr  enacted.  That,  in  case  (ircat  Britain  shall  so  revoke  or  modify  her  edicts,  as  that 
(hey  shall  cease  to  violate  the  neutral  commerce  of  the  Tnited  States,  the  President  of  the  United  States  shall  de- 
clare lite  fact  by  proclamation,  and  such  proclamation  skall  be  admitted  as  evidence,  and  no  other  evidence  siiall  be 
admitted  of  such  reTocation  or  modification,  in  any  suit  or  prosecution,  which  may  be  instituted  under  the  fourth 
section  of  the  act  to  which  this  is  a  supplement.  .\nd  the  restrictions  imposed,  or  which  may  be  imposed,  by  virtue 
of  the  said  act,  sliall,  from  the  date  of  such  proclamation,  cease  and  be  discontinued." 

Extract  of  a  letter  from  Mr.  Monroe,  the  ^fJmerican    Secretary  of  State,  to  his  Mojcsty's  Minister,  Mr.  Eoster, 

dated 

Washington,  HGth  July,  1811. 

••  It  is  in  the  !m\ver  of  the  British  Government,  at  this  time,  to  enable  the  President  to  set  the  non-importation 
law  aside,  by  rendering  to  the  Ifnited  States  an  act  of  justice.  If  Great  Britain  will  cease  to  violate  their  neutral 
rights,  by  revoking  her  orders  in  council,  on  which  event  alone,  the  President  has  the  power,  1  am  instructed  to  in- 
form you.  that  he  v.  ill.  without  delay,  exercise  it,  by  terminating  the  operation  of  this  law." 

:  BOSTON. 

The  gentleman  who  attended  on  the  part  of"  the  merchants  of  Boston,  made  a  statement,  in  all  important  parti- 
culars the  same  as  the  foregoing  statement  of  the  committee  from  New  York,  except  so  far  as  the  following  parti- 
culars may  distinguish  them: 

He  stated  that  he  was  in  England  from  June,  1810,  to  May,  1811.  That  large  quantities  of  goods  were  purchased 
and  prepared  for  shipment,  before  2(1  February.  1811.  on  account  of  the  merchants  of  Boston,  which  arrived  at  the 
shipping  ports  ton  late  to  be  shipped  before  the  day  last  mentioned.  A  portion  of  these  were  shipped  in  the  ensuing 
spring  and  summer,  to  Halifax  and  Montreal,  and  tie  greater  part  of  those  thus  shipped,  have  been  introduced  into 
the  Lnited  States  since  the  war. 

The  remainder  of  the  goods  purchased  before  the  2d  February,  1811,  forms  part  of  those  which  have  been  lately 
imported  into  the  United  States,  directly  from  Great  Britain.  Consideiable  portions  of  the  goods  thus  imported, 
were  purchased  substHiuently  to  the  2d  February.  1811.  and  before  the  revocation  of  the  British  orders  in  council, 
by  those  who  liad  funds  in  England,  which  they  could  not  bring  home;  and  there  was  a  very  considerable  portion  of 
these  importations  ])urchased  imniediately  after  the  revocation  of  the  n;-ders  in  council-  The  last  description  of 
goods  was  shipped  in  pursuance  of  specific  orders  previously  given,  which  were  to  be  executed  when  the  shipment 
of  them  should  be  deemed  legal,  or  by  confidential  agents  in  England,  acting  under  general  i)owers.  The  general 
orders  relative  to  the  shipment  of  the  goods  on  hand,  or  those  ordered,  were,  to  ship  when  it  should  be  legal  to  do  so. 

The  goods  purchased  before  2d  February,  1811,  were  purchased  on  the  usual  credit  of  three  and  six  months. 
Those  purchased  between  that  date  and  the  revocation  of  the  orders  in  council,  were  almost  exclusively  purchased 
with  cash,  as  the  only  object  of  the  purchase  was  to  invest  the  money  of  the  purchasers.  The  greater  part  of  those 
purchased  at  the  moment  of  the  revocation  was  purchased  with  cash,  which  had  been  placed  in  England  for  the 
purpose. 

At  the  period  of  the  declaration  of  war,  the  exchange  was  at  twenty  percent,  discount.  Afterwards,  it  wa.s 
difficult  to  negotiate  exchange  at  all,  and  it  was  thrown  something  under  that  depreciation.  Since  the  late  impor- 
tations, it  has  risen,  and  is  now  at  from  fourteen  to  fifteen  per  cent,  discount. 

The  goods  which  were  purchased  after  the  2d  February,  1811,  and  before  the  revocation  of  the  orders  in  council, 
were  purchased  at  a  lower  than  the  usual  rate.  In  six  months  after  2d  February,  1811,  cotton  goods  suffered  a  de- 
pression equal  to  fifteen  per  cent.     After  the  revocation,  there  was  a  small  advance. 


18]!2.]  REMISSION    OF    FORFEITURES. 


575 


Generally,  the  importers  of  British  goods  were  not  the  shippers  of  American  produce  to  the  Peninsula,  or 
elsewhere,  ihere  are  exceptions;  many  houses,  niurh  ensased  in  the  sliipments  to  the  Peninsula,  are  anion.'  the 
late  importers  A  very  large  portion  ot  the  goods  lately  imported  on  account  of  the  nierciiants  of  Boston,  were 
imported  by  those  engaged  in  the  exportations  to  the  Peninsula,  who  never  imported  British  goods  before.  Proba- 
bly three-tourths  oi  ihe  importatums  iiiT(.  liostoii  have  been  sold.  The  extraordinary  proHt  beyoml  that  of  peace 
and  tree  uuercourse,  is  about  (roin  hve  to  tea  per  cent.  The  late  importations  are  less  than  the  usual  Fall  importa- 
tions. * 

PHILADELPHIA. 

The  committee  from  Philadelphia  confirmed,  in  all  important  particulars,  as  applicable  to  that  city,  the  statement 
of  the  committee  from  INew  \  ork,  and  added  the  following  jiarticulars:  The  merchants  of  Philadelphia  •^ewl  oft* 
their  orders  tor  hnglish  manufactures  from  nine  U>  twelve  months  before  the  [)eriod  at  which  they  exivct  the  arrival 
ot  the  goods.  A  considerable  portion  of  the  late  importations,  which  have  been  made  on  account  of  (he  merchants 
of  Philadelphia,  were  prepared  for  shipment  by  December.  I8I0.  A  considerable  portion  was  purchased  between 
February,  1811,  and  the  revocation  ol  the  orders  in  council,  and  a  few  wi-re  purch:ised  immediately  after  the  revo- 
cation. Order,  were  given,  in  the  summer  of  1810,  for  the  bulk  of  fhe  goods  which  have  been  lately  imporivd  and 
the  principal  part  ot  these  orders  were  executed  by  the  month  of  December,  1810;  i)i!t.  on  the  ai)peaiance  (if  the 
President's  proclamation  of  the  --id  November,  1810.  the  merchants  countrrmaiuled  the  shipim-nt  of  their  "-oods  ami 
the  further  execution  ot  their  orders,  and  gave  instructions  that  they  should  be  comph-ted,  and  the  shipments  made 
when  the  orders  in  council  should  be  revoked,  and  their  importation  into  the  Unitecl  States  become  ie°-al.  X.  "reat 
portion  of  these  goods  was  paid  for  at  the  time  they  were  put  up;  some  of  them  bought  upon  the  usual  credit'^ but 
paid  for  long  before  the  revocation  ol  the  orders  in  council. 

Dry  goods,  which  were  put  up  prior  to  '3d  February.  1811.  and  those  which  were  purchased  after  the  revocation 
of  the  orders  in  council,  were  laid  in  at  about  fhe  usual  prices.  Those  purcliased  in  the  intervenin,°-  time  were 
from  ten  to  fifteen  per  cent,  lower.  Some  articles  of  hardware  cost  rather  an  increased  price,  and  none  were  pur- 
chased at  reduced  prices. 

The  importers  of  British  manufactures  are  not,  in  Philadelphia,  exporters  of  produce.  The  trade  of  that  ciiv 
is  divided  among  two  classes  of  merchants:  one  class  imports,  and  the  other  exports.  The  imporfer  almost  univer- 
sally makes  his  remittances  in  bills.  The  rate  of  exchange  in  Philadelphia  varied,  in  1811,  fi-om  ten  to  twenty-two 
and  a  half  per  cent,  discount.  In  1813,  it  has  varied  from  ten  to  twenty  percent,  discount.  Two  weeks  a";i  it  was 
at  sixteen.  In  the  Fall  of  1810,  it  \vas  at  about  five  per  cent,  discount.  The  merchant  does  not  considerlis  a  part 
of  his  profit  the  advantage  gained  from  a  temporary  depression  of  exchange,  because,  on  other  occasions,  he  has  to 
pay  a  corresponding  advance.  It  will  be  found,  in  twenty  years,  or  other  considerable  given  period,  to  be* balanced 
When  it  has  been  above  par,  they  have  not  increased  the  usual  advance  on  their  goods.  They  have  never  before 
late  periods,  known  exchange  on  England  to  be  so  low;  never  knew  it,  before  these  periods,  to  be  lower  than' ten  per 
cent. 

Generally  speaking,  about  one-third  of  the  late  importations  remains  on  hand.  The  profits  have  been  rather 
greater  than  formerly:  from  five  to  ten  per  cent,  greater.  But  the  merchants  have  been  idle  for  almost  two  years' 
paying  house  rent,  and  all  the  other  expenses  of  their  establishments,  without  any  gain,  and,  considering  these  dis- 
advantages, they  will,  notwithstanding  this  profit,  be  losers,  not  gainers,  on  their  business.  *' 

The  quantity  imported  is  not  a  full  importation. 

BALTIMORE. 

The  committee  from  Baltimore  confirmed,  as  applicable  generally  to  that  city,  the  statement  of  the  committee 
from  New  York,  except  so  far  as  the  following  particulars  may  be  variant  from  it: 

They  stated  that  Mr.  Russell,  late  charge  des  affaires  of  the  United  States  at  London,  had  been  applied  to  for 
his  opinion  and  advice,  and  that  he  did  jidvise  these  shipments,  and  give  it  as  his  opinion,  that  tiie  shippers  would 
be  safe:  that  the  original  imiiorteis  of  Baltimore  had  sokl  nearly  all  their  goods;  that  they  have  not  more  than  one 
fifteenth  or  one  twentieth  of  their  importations  on  hand:  they  have  passed  into  the  hands  of  jobbers  and  speculators: 
the  average  profit  which  the  importers  have  obtained,  beyond  that  of  ordinary  yeais,  is  between  5  anil  10  percent! 

The  usual  practice,  under  the  late  restrictions,  has  been  to  give  orders  for  goods  to  be  executed  on  the  contin- 
gency of  a  remission  of  these  restriciions.  It  is  believed  that  many  of  the  goods  lately  imported,  were  purchased 
before  fhe  revocation  of  the  orders  in  council,  and  many  before 'id  F'ebruary,  1811.  Tlie  hardware  importations 
were  all  of  this  description.  One  of  the  committee,  in  October  and  November,  1811,  passed  through  the  great  ma- 
nufacturing towns  in  England,  and  saw  the  warehouses  full  of  goods,  packed  up,  which  were  said  to  be'there  on 
American  account. 

A  great  many  of  these  goods  were  paid  for  before  their  shipment,  oihers  were  remitted  for  be-^bre  their  arrival 
and  others  have  been  obtained  on  the  usual  credit,     it  has  not  been  tiie  genera!  practice  to  pay  for  goods  at  the  time 
of  purchase;  but  merchants  have  had  much  more  the  means  of  paying  for  the  late  importations,  than  they  had  to  pay 
some  years  ago:  this  increased  ability  has  arisen  from  the  circumstance  that  this  description  of  merchant's  have  done 
no  business  for  nearly  two  years  past.     There  will  be  always  some  not  wholly  paid  for;  but,  whetlierpaid  for  or  not 
whenever  they  are  out  of  the  warehouse,  they  are  considered  us  on  account  of  the  importer.  ' 

The  importers  of  these  goods  are  not  the  same  persons  who  luive  shipped  American  j)roduce  to  the  Peninsula. 
It  is  usual  for  these  importers  to  place  funds  in  England,  in  anticipation  of  their  orders,  lor  the  purchase  of  "ood-;-  tlie 
usual  operation  is,  by  the  purchase  of  bills  of  exchange.  ^       ^' 

Dry  goods  have  been  pure ha-ed  lately,  at  a  lower  rate  than  formerly,  in  England;  those  purchased  in  March, 
April,  and  May.  were  obtained  at  a  lower  rate  than  the  s;nne  goods  have  been  purchased  at,  at  any  other  time,  it 
was  only  at  these  periods  that  goods  were  purchased  at  an  uuusuaiiy  low  rate. 

They  have  not  taken  into  the  calculation  of  the  profit  of  these  importations,  the  advantage  on  the  purchase  of 
bills;  this  is  not  included,  because,  if,  on  an  average,  the  merchant  pays  no  more  than  par  for  tlie  hills  he  remits,  he 
is  satisfied,  and  the  experience  of  merchants  proves,  that  no  material  advantage  results  to  them  in  a  course  of  years. 
There  are  cases  in  which  persons  went  to  t^ngland,  provided  witli  extensive  funds,  and  have  speculated  on  the  low 
prices  of  the  last  Spring:  but  the  great  bulk  of  the  goods  iniported  were  shipped  in  consequence  of  orders  long  before 
given.  These  importati(uis  have  efl'ected  the  return  to  this  country  of  so  much  American  capital.  These  importa- 
tions have  not  exceeded  the  orders  given — they  have  been  less.  Fi\  e  ships  were  carried  into  Norfolk,  three  of  wliich 
belonged  to  Baltimiu'e,  and  one  merchant  gave  bonds  for  nearly  the  whole  of  their  cargoes,  which  averaged  .£I00  000 
sterling  each.  One  vessel,  belonging  toBallimore,  the  Eliza  Ann,  was  carried  into  Boston;  the  valuc^of  ihe  car'^o 
exceeded  £100,000  sterling,  and  one  man  gave  bonds  for  the  whole  cargo;  these  bonds  were  sometimes  given  in  the 
expectation  of  a  commission,  without  any  auth.ority  froni  the  owners  of  the  property. 

NEW  YORIv. 

The  committee  from  New  York,  in  a  subsequent  communication,  stated  fuither,  that  the  late  importations  into 
that  city  included  purchases  which  were  made  after  the  revocation  of  the  orders  in  council,  as  well  as  those  which 
were  made  before  the  '2d  February,  1811,  and  at  intervening  periods,  but  that  the  great  mass  had  been  purchased 
and  was  on  hand,  remaining  on  American  account,  from  the  latter  end  of  the  year  1810.  They  did  not  think,  they 
said,  on  being  interrogated  to  that  point,  that  this  was  a  large  calculation,  notwithstanding  the  relaxation  introduced 
by  the  law  of  March,  1811;  because  the  merchants  had  asked  information  of  the  Secretary  of  the  Treasury,  before  the 
passage  of  that  law,  as  to  the  construction  of  the  act  of  the  1st  May,  1810,  and  the  President's  proclamation  of  2d 
November.  1810,  and  were  informed  by  thatofticer,  that  all  goods  which  should  not  arrive  in  the  United  States  prior 
to  the  2d  February,  1811,  would  be  liable  to  forfeiture;  that  they  therefore  countermanded  their  orders,  and  did  not 
enjoy  the  advantage  which  was  granted  by  the  act  of  March,  1811. 


576  FINANCE.  [1812. 


Orders,  which  are  to  be  executed  in  the  Fall,  are  usually  given  by  the  first  January  preceding,  but  the  merchant 
frequently  revises  his  orders  in  tlie  Spring. 

Some  of  the  goods  lately  imported  have  been  purchased  at  a  low  rate,  but  a  great  part  of  them  has  not;  as  many 
of  them  liave  been  long  laid  in,  the  late  purchases  have  been  made  at  lower  than  former  prices. 

The  importers  of  British  manufactures  in  New  York,  are  a  separate  class  of  men  from  the  shippers  of  American 
produce:  tliey  had  no  interest  in  the  shipments  to  the  Peninsula;  there  is  scarce  an  exception  within  the  knowledge 
of  the  committee,  except  Mr.  Coster,  one  of  themselves,  whose  trade  was  not  to  ihe  Peninsula,  but  to  the  North  of 
Europe:  not  one  half  of  the  American  prupi'ity  in  England,  has  been  brought  h(u:ie:  there  were  but  twenty  days  in 
which  to  make  shipments:  S.'Jd  .lune,  the  orders  in  council  were  revoked.  On  the  13i!i  July,  news  of  the  declara- 
tion of  war  reached  I^iverpool,  and  it  is  believed  no  licences  were  granted  afterwards.  The  late  importations  are 
not  equal  to  one  half  of  the  usual  supply,  peihaps  not  one-third. 

There  has  been  an  advantage  obtained  by  tlie  shippers  to  the  Peninsula,  by  the  depreciation  of  exchange  on  Eng- 
land: when  they  took  bills,  they  were  obliged  to  take  bills.  The  exportation  of  specie  was  not  generally  permitted, 
and  \\liere  not  specially  permitted,  the  attempt  to  export,  if  discovered,  was  coupled  with  forfeiture. 

The  course  of  traile  practised  by  importers  of  British  manufactures,  as  to  payments,  has  been  changed;  tormerly, 
tlie  shipments  were  made  on  credit;  now,  the  purchases  are  made  v.'ith  cash;  the  merchant  who  wants  goods,  and  lias 
not  money,  obtains  his  creiiit  here,  instead  of  obtaining  it  in  England,  as  formerly;  this  country  is,  and  has  been  foi- 
some  time,  the  creditor  of  England;  those  who  have  imported  on  credit,  for  some  time  past,  have  been  ruined.  It  is 
believed  that  the  greater  part  of  the  goods,  the  orders  i'or  which  were  executed  in  the  Fall  of  1810,  was  paid  for  at 
the  time  of  purchase.  There  are,  it  is  believed,  ca»es  inv.hich  the  goods  have  been  shipped  to  order,  and  were 
deliverable  on  contingencies  to  the  American  merchant,  but  they  are  piohably  few  in  number,  because  it  cannot  be 
presumed  that,  in  the  hostile  attitude  which  the  countries  have  presented,  many  men  would  be  found  who  were  dis- 
posed to  place  their  property  in  a  situation  so  precaiious. 

Mr.  Russell  stated,  that,  after  the  revocation  of  the  orders  in  council,  many  of  the  Amei-ican  merchantsdid  apply 
to  him  to  obtain  his  opinion,  whether  they  could  ship  liritish  manuractures  to  the  United  States  with  safety  or  not? 
That,  before  the  revocation  of  the  orders,  upon  considering  the  \\  hole  circumstances  of  the  case,  examining  the  words 
of  the  law,  and  perceiving  that  its  operation  depended  solely  on  the  revocation  of  the  oi'ders  in  council — considering 
the  evident  bearing  of  the  examinations  in  Parliament,  and  the  giound  on  which  the  opposition  contended  for  the 
revocation  ol  the  orders,  which  was  not  so  much  an  act  of  justice  to  the  United  States  as  the  advantage  that  \ras 
promised  to  their  own  manufacturers,  he  thought  it  his  duty  to  countenance  the  idea  that  shipments  made  after  the 
revocation  of  the  orders,  would  be  admitted  into  the  United  States;  that  this  ground  was  taken  by  the  advocates  of  a 
revocation  of  the  orders,  who  declared  that  they  would  advise  their  friends  to  ship,  as  they  believed  shipments,  in 
the  event  of  a  revocation,  might  be  made  with  safety,  and  that  he  thought  good  policy  lequired  him  to  countenance 
the  idea,  in  order  to  co-operate  as  far  as  possible,  with  the  advocates  of  the  revocation  of  the  orders. 

That,  after  the  revocation  of  the  orders,  he  continued  to  declare,  and  did  declare,  to  the  merchants  who  applied 
to  him.  as  his  opinion,  that  they  might  make  shipments  with  safety.  This  opinion  applied  only  to  the  cases  where 
shipments  were  made  before  war.  After  a  knowledge  ol'  the  war  I  ad  reached  England,  he  declared  distinctly  to 
the  merchants,  that  the  ground  of  a  probable  annulment  of  the  non-importation  act,  by  the  Government  of  the  United 
States,  had  ceased. 

Ml-.  Russell  stated,  however,  that,  after  the  knowledge  of  the  declaration  of  war  had  reached  England,  he  diti 
still  advise  the  American  merchants  to  ship,  because,  if  tiie  property  remained  in  England  during  the  war,  it  would 
be  ruinous  to  the  holders.  Many  persons,  after  the  revocation  of  the  orders,  and  beibre  the  news  of  war  arrived, 
had  made  purchases.  He  would  not  be  understood  to  say,  that  he  advised  the  merchants  that,  in  case  the  law  should 
not  be  repealed,  they  would  be  ])erinitted  to  enjoy  the  advantages  of  a  monopoly,  and  the  consequent  extraordinary 
profits,  but  merely  that  the  nioperly  would  n(!t  be  confiscated.  This,  however,  he  said,  was  not  at  alia  subject  of 
conversation.  His  opinion  tliat  shipments  might  be  made  with  safety,  was  founded  as  well  on  a  presumption  that  the 
law  would  be  annulled,  as  that  the  shippers  would,  in  any  event,  be  placed,  as  nearly  as  possible,  on  the  footing  on 
which  they  would  have  stood  had  the  law  been  annulled.  That,  if  the  law  should  not  be  annulled,  the  special  cir- 
cumstances under  which  the  shipments  were  made  would  entitle  them  to  an  exemption  from  its  penalties.  He 
believed  that,  before  the  revocation  of  the  orders,  and  after  the  interdiction,  purchases  were  made  under  an  expec- 
tation of  a  revocation,  and  these  were  made  at  reduced  prices.  The  depression  vvas  not  very  material.  After  tiie 
revocation,  there  was  a  rise,  but  they  remained,  throughout,  lower  than  in  common  times,  when  the  trade  was  assuredly 
free.     He  did  not,  however,  pretend  to  be  very  conversant  in  these  matters. 

Some  of  the  goods  were  purchased  before  the  2d  February,  1811;  but,  he  would  suppose  they  formed  a  very 
small  portion  of  the  importations.  In  the  period  intervening  between  tliat  date  and  the  revocation  of  the  orders, 
there  had  been  more  considerable  investments,  but  he  believed  the  greatest  porti(m  was  purchased  after  the  revoca- 
tion. There  was  then  great  activity  in  investments,  but  he  tliinks  it  probable  they  were  purchased  with  funds 
which  had  been  remaining  there  for  the  purpose,  and  which  were  appropriated  agreeably  to  orders  which  had  been 
previously  given,  to  be  executetl  in  the  event  of  the  revocation  of  the  orders  in  council. 

The  knowledge  of  the  declaration  of  war  reached  Knghxnd  about  the  C5ih  or  26th  July.  Official  information  was 
not  so  soon  received,  and  therefore  the  embargo  vfhich  was  laid  by  (he  British  Government  was  not  imposed  till  the 
SOtti  July.  The  order,  subsequently  issued,  permitting  tlie  departure  of  licensed  vessels,  but  limitting  their  depar- 
ture to  the  ITith  of ,  was  extentled  in  some  special  cases,  but  not  generally. 


ThefoUowin};  affidavits  and  letters  are  selected  from  a  number  reported  by  the  Committee  as  part  of  their  report; 

those  ivhieh  are  not  printed  art  of  a  like  tenor. 

United  States  of  America,") 
City  of  New  York,         3 

By  this  public  instrument,  be  it  known  to  all  whom  the  same  dotli  or  may  concern,  that  I,  Joiin  T.  Irving,  a 
public  notary  in  and  for  the  State  of  New  York,  by  letters  patent  under  the  great  seal  of  the  said  State,  duly  com- 
missioned and  sworn,  and  in  and  by  the  said  letters  patent  invested  ''\yith  full  power  and  authority  to  attest  "deeds, 
wills,  testaments,  codicils,  agreements,  and  other  instruments  in  writing,  and  to  administer  any  oath  or  oaths,  to 
any  person  or  persons,"  do  hereby  certify,  that,  personally  appeared  before  me,  Chai-les  Osborne,  Cornelius  Heyer, 
H.  Van  Wagenin,  John  Stoutenburgh,  William  Irvin?,  Nathaniel  Richards,  John  Dodgson,  John  Mowatt,  Jr.  Eli- 
ph'alet  Williams,  Robert  C.  Cornell,  John  B.  Dash,  Benjamin  W.  Dvvight,  John  R.  Willis,  Isaac  Carow.  Joseph 
Cornell,  William  W.  Mott.  James  Jenkins,  Francis  B.  AVinthrop,  Jr.  MosesJudah,  Garret  B.  Abeel,  Edward  Lyde, 
George  Newbold,  Seabury  Tredwell,  Leonard  Kip.  James  J.  Roosevelt,  Charles  Smith,  Jr.  Robert  Lee,  Ebenezer 
Irving,  James  S.  Bailey,  Joseph  Curtis,  and  Henry  King,  all  merchants,  of  the  city  of  New  York,  and  well  known 
to  me,  who  severally  subscribed  their  names  to  the  within  deposition,  and  being  by  me  severally  sworn  and  affirmed, 
respectively  deposed  and  affirmed  to  the  truth  of  its  contents. 

In  testimony  whereof,  I,  the  said  notary,  have  subscribed  these  presents,  and  I  have  hereunto  affixed  my  seal 
of  office,  the  sixteenth  day  of  November,  in  the  year  one  thousand  eight  hundred  and  twelve,  and  of  the  indepen- 
dence of  the  United  States  of  America  the  thirty-seventh. 

JOHN  T.  IRVING,  Notary  Public. 


1812.]  REMISSION   OF   FORFEITURES.  577 


State  of  New  York,  ^ 
Cily  of  Nerv  York.     3     ' 

The  subscribers,  importers  of  hnrdware,  in  tiio  city  and  county  of  New  York,  and  merchants  there  resident, 
be";n,2  severally  duly  sworn  and  affirmed,  severally  say: 

That  they  have  severally  received  importations  of  British  manul'ictures,  in  their  line,  since  \\v^  revocation  of  tiie 
orders  in  council  by  Great  Britain:  that,  oitlie-e  imporlations,  they  believe  not  more  than  one-!hir(l  have  been  sold; 
that  sales  by  the  package,  (ir  wholesale,  ha\e  been  made  at  an  average  advance  of  about  ninety  per  cent,  on  the  in- 
voice; that  the  average  charges  of  inland  carriage,  export  duty,  siiipping  commissions.  iii>nranee,  freight,  duties  of 
import,  Sec.  amount  to  sixty-tive  per  cent.,  of  course  not  leaving  a  profit  on  their  investments  of  more  than  sixteen 
per  cent,  or  of  twenty-five  per  cent,  on  the  invoice  cost,  exclusive  of  any  accidental  beneht  arising  from  exchange; 
that  this  benefit  has  been  much  less  than  would  appear,  by  reason  of  many  of  the  importers  having  remitted  their 
funds,  twelve,  eighteen,  and  even  twenty-four  months  ago,  at  which  period  exchange  was  not  more  than  liom  six  to 
ten  per  cent,  under  par:  and  against  whatever  gain  may  have  been  so  made  the  lo>s  of  interest,  with  the  expen^e  of 
storage,  insurance  from  fire,  &c.  in  England,  may  be  considered  as  nearly  a  counterbalance.  And  these  deponents 
anil  affirmants  severally  further  say,  that  the  said  sales  that  have  been  ellected  by  the  package  have  been  of  the 
articles  most  in  demand,  and  therefore  most  profitable:  that  the  residue  consists  of  many  articles  less  saleable,  and 
sonie  of  which,  owing  to  the  incicase  of  the  manufactures  of  this  country,  have  b.'en  supplanted,  and  must  be  sold 
at  little  or  no  profit,  such  as  nails,  spades  and  shovels,  planes,  hollowware,  whip  thongs,  webbings,  mill  savvs, 
brushes  of  most  descriptions,  &c.  &c. 
Charles  Osborne,  Eliphalet  Williams,  James  .Jenkins,  James  J.  Roosevelt, 

Cornelius  Heyer,  Robert  C.  Cornell,  P'rancis  li.  Wintlirop,  Jun.      Charles  Smith,  Jun. 

H.  Van  Wagenin,  John  B.  Dash.  Moses  Judah,  Robert  Lee, 

John  Stoutenburgh,  Benjamin  \s  .  Dwight,  Garret  B.  Abeel,  Ebenezer  Ir\ing, 

^Villiam  Irving,  John  R.  Willis,  Edward  I-yde,  James  S.  Bailey, 

Nathaniel   Richards,  Isaac  Carow,  George  Newl)old,  Joseph  Curtis, " 

John  Dodgson,  Joseph  Coi'nell,  Seabuiy  Tredwell,  Henry  King. 

John  Mowatt.  Jun.  William  W.  Mott,  Leonard  Kip. 

I.  David  Dunham,  of  the  city  of  New  York,  auctioneer,  do  hereby  ceitify  and  declare,  that  I  am  in  daily  prac- 
tice of  vending  at  public  sale,  goods  of  the  late  importations  from  Great  Britain,  &c.;  that  my  sales  embrace  almost  a 
general  assortment  of  British  manufactures,  and  that,  for  t!ie  present  week  alosie,  I  have  solil  to  the  amount  of  near 
forty  thousand  dollars:  that,  with  very  k\v  exceptions,  the  said  goods  have  not  brisught  above  seventy  to  eighty  per 
cent,  upon  the  original  costs;  that  the  few  instances  where  they  have  brought  above  that  advance,  it  has  more  fre- 
quently occurred  that  they  have  not  brought  cost  and  charges,  and  in  some  instances,  that  tliere  lias  been  from  ten 
to  twenty  per  cent,  loss  on  the  goods.  And  I  do  further  certify  and  declare,  that,  in  the  importations  of  goods,  in 
which  1  have  been  interested,  I  have  fimnd  a  number  of  packages  that  it  has  been  with  difficulty  that  more  than 
cost  and  charges  have  been  obtained;  and  that  I  have  nnw  on  hand  an  entire  importa.tion,  that  (owing  to  the  long 
detention  of  said  goods  at  New  London,  at  which  port  they  have  been  wrongfully  detaitied)  I  am  willing  to  sell  for 
cost  and  charges;  and  further,  that,  when  the  whole  of  the  goods  now  under  (letention,  shall  be  brought  into  market, 
that  the  prospect  is,  that  they  will  be  considerably  lower.  And  I  do  further  declare,  that  I  have  been  interested 
(under  the  firm  of  Dunham  and  Randolph)  in  the  purchase  of  a  very  large  amount  of  British  manufactured  goods, 
associated  with  three  or  four  other  houses,  say  ujiwards  of  lialf  a  million  of  dollars,  and  a  great  proportion  ot' 
which  have  been  purchased  at  a  bare  mercantile  profit,  after  deilucting  all  the  contingent  expenses  attending  the 
same;  and  lastly,  that,  in  speaking  of  the  cost  and  charges  of  all  goods,  the  several  penal  bonds  to  the  United  .States 
are  never  taken  into  calculation  as  composing  any  part  thereof.  To  all  these  fiicts  I  subscribe,  and  stand  ready  to 
testify  with  my  corporal  oath,  if  necessary. 

DAVID  DUNHAM. 

I,  Matthias  B.  Edgar,  a  partner  in  trade  with  Mr.  Dunham,  the  annexed  named  J.  Valentine  Van  De  Water, 
and  I,  Edward  D.  Burke,  Clerks  in  the  employ  of  the  said  David  Dunham,  are  privy  to  the  facts  set  forth  in  his  cer- 
tificate, so  far  as  relates  to  his  auction  sales,  and  the  giods  imporied  by  him,  and  of  those  now  on  hand :  of  the  facts 
relating  to  the  goods  in  which  he  has  had  an  interest,  with  J.  F.  Randolph,  under  the  firm  of  Dunham  and  Randol]-,h, 
we  believe  to  be  true. 

MATTHIAS  B.  EDGAR, 
VALENTINE  VAN  DE  WATER. 
ED\M).  D.  BURKE. 

New  York,  1G//(  Xovemlicr.  181-2. 

The  subscribers,  commission  merchants  and  auctioneers,  of  the  city  of  New  York,  do  certify,  liiat  tliey  have  sold, 
both  at  private  and  at  public  sale,  large  quantities  of  British  manufactured  goods,  wliich  have  been  imported  here  in 
yessels  which  left  Great  Britain  subsequently  to  the  order  in  council  of -3d  June  last:  that,  in  almost  all  instances, 
they  hafl  the  original  invoices  of  the  said  goods  and  that  they  are  of  opinion,  from  various  calculations  they  have 
made,  the  said  goods  have,  upon  an  average,  afforded  a  pr:)fit  to  the  iinpisiLers,  beyond  the  cost  and  charge^,  of  about, 
but  not  exceeding,  twenty  per  cent.  They  further  certify,  that  they  have  sold  several  separate  invoices  of  goods, 
which  did  not  produce  as  much  as  the  cost  and  charges. 

BO!iGS,  LIVINGSTON,  &  Co. 

New  York.  ss. 
On  this  16th  day  of  November,  in  th.e  year  one  thousand  eight  hundred  and  twelve,  before  me,  B.  Livingston,  an 
associate  Justice  of  the  Supreme  Court  of  the  I'liited  States,  personally  appeared  James  Boggs,  (me  of  the  mercan- 
tile firm  of  Boggs.  Livingston,  &  Co.  of  the  said  city,  wlio,  being  duly  sworn,  deposeth  and  saith,  that  the  facts  stated 
in  the  foregoing  certificate  are,  to  the  best  of  his  knowledge  and  belief,  substantially  true. 

JAMES  BOGGS. 
Sworn  the  16th  November,  IS12,  before  me. 

B.  LIVINGSTON. 

Jabez  Harrison,  of  the  city  of  New  York,  merchant,  maketh  oath,  that  he  has  imported,  during  the  present  Fall, 
since  the  repeal  of  the  orders  in  council,  about  two  hundred  and  thirty  packages  of  dry  goods,  consisting  of  wliat  is 
usually  termed  a  general  assortment;  that,  from  those  goods,  he  has  sold  several  packages  at  less  than  cost  and  char- 
ges: that  he  has  now  on  hand  about  twenty  packages,  tiir  which,  on  an  average,  he  is  not  offered  more  than  the  costs 
and  charges;  that  upwards  of  one  hundred  packages  of  the  foregoing  have  been  sold  at  an  advance  varying  from  sixty 
to  eighty  two  and  a  half  per  cent,  and  not  exceeding  the  latter. 

J.  HARRISON. 
Sworn  before  ine,  the  I7th  November,  1812. 

WM.  BLEECKER,  Notary  Public. 

United  States  of  America,    ? 

City  of  New  York,  3  ^^• 

By  this  public  instrument,  be  it  known,  to  all  to  whom  the  same  doth  or  may  concern,  that  I,  John  T.  Irving. 
a  public  notary  in  and  for  the  State  of  New  York,  by  letters  patent  under  the  great  seal  of  the  said  state,  duly 
commissioned  and  sworn,  and,  in  and  by  the  said  letters  patent  invested  "  with  full  power  and  authoritj-  toatttes 


578  FINANCE.  [18112. 


deeds,  wills,  testaments,  codicils,  agreements,  and  other  instruments  in  writing,  and  to  administer  any  oath  or 
oaths,  to  any  peison  or  persons,"  do  hereby  certily,  that,  personally  appeared  before  me,  Daniel  Hawxhurst,  of  the 
city  of  New  York,  merchant,  known  to  me,  who,  in  iny  presence,  subscribed  his  name  to  the  within  deposition, 
and,  being  by  me  duly  affirmed,  deposed  to  the  truth  of  its  contents. 

In  testimony  whereof,  I,  the  said  notary,  have  subscribed  these  presents,  and  I  have  hereunto  affixed  my 
seal  of  office,  the  sixteenth  day  of  November,  in  the  year  one  thousand  eight  hundred  and  twelve,  and 
of  the  independence  of  the  Utiited  States  of  America  the  thirty-seventh. 

JNO.  T.   IRVING,  Notary  Public. 

UNiTF.n  Statks  of  America, 
District  of  Neu'  York, 

Daniel  Hawxhurst,  of  the  city  of  New  York,  merchant,  being  duly  affirmed,  saith,  that  he  is  well  acquainted 
with  the  value  of  hardware;  that,  within  forty  days  past,  he  has  purchased  the  best  and  scarcest  articles,  and  those 
which  yield  as  much  protit  as  any  others,  at  seveiUyfive  per  cent,  advance  on  the  nett  amount  of  the  invoice,  at  a 
credit  of  four  months,  and  the  discounts  allowed  in  England  were  allowed  to  him:  and  that  he  knows  the  charges 
which  have  to  be  paid  out  i.f  this  advance  of  seventy-five  per  cent.,  in  export  duty,  shipping  expenses,  insurance, 
commissions,  freight,  duties  on  imports.  &c.  &c.  amount  to  from  sixt.v  to  seventy  per  cent. ,  and  that  the  impor- 
ter receives  no  more  than  a  fair  mercantile  profit  (sn  the  articles  of  this  kind. 


Affirmed  to  this  I6th  November,  1812,  before  me, 

JNO.  T.  IRVING,  Notary  Public. 


DANIEL  HAWXHURST. 


ss. 


United  Statks  of  America,  "^ 
District  of  Neir  York,       3 

Leonard  Kip,  of  the  city  of  New  York,  merchant,  being  duly  sworn,  deposeth  and  saith,  that  he  is  well  ac- 
quainted with  the  value  of  hardware:  that,  within  ten  days,  last  past,  he  has  purchased  the  best  and  scarcest  arti- 
cles, and  those  which  yield  the  largest  profit,  at  ninety  per  cent,  advance,  on  six  months  credit;  and  that  he  knows 
the  charges  which  have  to  be  paid  out  of  this  advance  of  ninety  per  cent.,  viz:  export  duty,  shipping  commissions, 
insurance,  freights,  duties  of  import.  &c.  amount  to  from  sixty  to  seventy  per  cent,  and  that  the  importer  receives 
no  more  than  a  fair  mercantile  profit  for  articles  of  this  kind.  And  this  deponent  further  saith,  that  he  has  now  on 
hand  a  laige  quantity  of  nails,  spades,  and  shovels,  which,  in  consequence  of  the  high  duties  and  extra  charges, 
he  is  willing  to  sell  for  the  first  cost,  together  with  the  double  duties  and  invoice  expenses,  &c.  to  which  the  same 
are  subject. 

LEONARD  KIP, 
Sworn  the  14th  November,  1812,  befiire 

B.  LIVINGSTON. 

United  States  of  America,? 
District  of  New  York,      y  *  " 

Asa  Hoy  t,  of  the  city  of  New  York,  merchant,  being  duly  sworn,  deposeth  and  saith,  that  he  is  well  acquaint- 
ed with  the  value  of  hardware;  that,  within  forty  days  last  past,  he  has  purchased  the  best  and  scarcest  articles, 
and  those  which  yield  the  largest  profits,  at  ninety  per  cent,  cash,  and  one  hundred  per  cent,  at  four  and  six  months 
credit,  by  the  packnge,  and  that  lie  knows  the  charges  which  have  to  be  paid  out  of  this  advance  of  ninety  to  one 
hundred  per  cent. ,  viz:  export  duty,  shipping  commissions,  insurance,  freight,  duties  of  import,  &c.  amount  to  from 
sixty  to  seventy  per  cent.,  and,  after  taking  from  the  list  of  importations,  low  priced  cutlery,  butt-hinges,  and  a 
few  other  light  articles,  the  residue  will  not,  under  the  double  duties,  bear  a  future  importation,  excepting  in  quite 
limited  quantities,  particularly  brass,  hollow  \\are,_  shovels,  Sec.  which  now  form  a  considerable  part  of  the  impor- 
tations, and  do  not,  excepting  at  retail,  pay  an)'  profit,  and  that  the  importer  receives  no  more  than  a  fair  mercantile 
profit  on  the  whole. 

ASA  HOYT. 
Sworn  this  16th  day  of  November,  1812,  before  me, 

C.  BOSTWIClv,  Notary  Public,  Neio  York. 


New  York,  November  14,  1812. 
Dear  Sir: 

Some  of  my  friends  and  neighbors  feel  a  great  interest  on  a  subject  now  before  Congress,  in  which, 
having  personally  but  little  interest,  my  views  of  the  subject  may  perhaps  be  useful  to  you,  when  your  attention 
shall  be  drawn  to  its  consideration;  at  any  rate,  I  presume  on  your  fiiendship,  to  receive  with  candor  the  ideas  I 
shall  communicate. 

Many  of  our  importers  of  Riitish  goods  are  under  immense  responsibilities  to  the  Government,  for  themselves 
and  their  friends:  tiie  course  of  my  business  would,  at  almost  any  other  season,  have  placed  me  under  similar  cir- 
cumstances; but  not  expecting,  myself,  the  repeal  of  the  orders  in  council,  I  had  withdrawn  my  brother  from  England 
last  year,  and  having  no  one  there  to  act  for  us,  we  have  not  imported  a  cent  on  our  account  this  season,  although 
we  have  pretty  large  funtls  tliere,  arising  from  shipments  made  a  long  time  since.  We  have  only  bonded  for  $3,750, 
amount  of  a  small  shipment  made  to  us  by  an  American  citizen,  in  which  v/e  have  no  interest. 

I  am  fully  persuaded  that  Government  wish  to  act  with  perfect  fairness  in  relation  to  these  bonds,  and  that  the 
merchants  have  only  to  make  out  their  case,  as  entitled  to  relief,  to  receive  the  full  measure  of  it. 

That  those  American  merchants  who  happened  to  be  in  England,  or  had  partners  or  agents  there,  on  the  repeal 
of  the  orders  in  council,  should  venture  to  make  shipments.  I  presume  can  surprise  no  one,  who  hasattendetl  to  the 
correspondence  Vvhich  has  passed  between  the  two  Governments;  at  least,  I  am  ready  to  say,  that,  not  knowing  or 
expecting  war,  I  should  certainly  have  done  so,  freely,  had  I  been  there.  The  only  objection  ot  any  weight,  to  can- 
celling the  bonds,  that  I  have  heard,  is  the  large  profits  the  merchants  have  realized;  it  is  true,  that  some  of  those 
who  vvere  fi)rtunate  enough  to  have  their  vessels  arrive  early  in  the  season,  without  the  interruption  of  private  or 
public  cruisers,  and  who  sold  oti"  their  goods  immediately,  have  secured  unusually  large  profits  on  some  descriptions 
of  goods,  say  low  priced  woollens,  &c.  These  prices  have  been  obtained  in  consequence  of  the  previous  scarcity, 
anci  a  belief  that,  in  consequence  ot  the  war,  further  supplies  Avere  precarious,  and  not  from  any  idea  of  indemnity 
against  the  risk  of  the  penal  bonds  to  Government,  In  all  our  large  cities,  there  are  a  class  of  dealers  who  buy  by 
me  package  from  the  importers,  and  sell  by  the  piece  \o  the  country  traders;  this  class  of  people  have  probably  felt 
rather  unfriendly  to  the  importers,  to  whom  they  gave  any  extirt  profit,  and  many  of  them  have  represented  the  im- 
porters' profits  as  extravagant,  in  order  to  cover  their  own  extortions  on  the  country  merchants.  If,  however,  for 
this  single  season,  the  importers"  profits  should  be  unusually  large,  is  it  any  thing  more  than  the  fair  chance  of  trade, 
or  an  indemnity  against  the  losses  oi  former  periods,  arising  out  of  the  course  of  measures  pursued  by  the  Govern- 
ment for  the  general  good,  but  which  have  borne  with  great  severity  on  the  importing  dry  good  and  hardware  mer- 
chants? I  do  assure  you,  that,  although  I  have  conducted  my  business  with  my  usual  industry  and  judgment,  that, 
for  the  last  three  years,  I  have  not  made  my  current  expenses;  and  this  I  know  to  be  the  case  with  many  others;  there- 


1812.]  REMISSION   OF   FORFEITURES.  579 


fore,  although  I  do  not  share  with  them  the  handsome  profitH  of  this  season,  I  feel  that  they  are  entitled  to  it,  and 
do  not  envy  them.  Thus  far,  I  have  only  viewed  the  bright  side  of  the  subject;  there  is,  however,  probably,  a  ma- 
jority of  those  who  have  given  bonds,  who  will  only  make  a  fair  mercantile  profit,  in  consequence  of  the  expenses 
on,  and  delay  in,  the  receipt  of  their  goods,  arising  Irom  detention  by  the  cruisers,  who  have,  in  many  instances, 
sent  in  the  merchant  ships  to  distant  ports  irom  where  they  were  bound,  and  thus  obliged  the  consigners  of  the 
goods  to  incur  heavy  expenses  in  procuring  the  release.  Under  these  circuinsiances.  the  delay  in  getting  possession 
of  the  property,  has,  in  most  instances,  deprived  the  merchant  of  the  greater  part  of  his  expected  profit;  and.  it  is 
within  my  own  knowledge,  that  now  (when  goods  have  fallen  in  price,  so  as  to  afford,  in  most  instances,  ii.ile  more 
than  the  usual  small  ])rofits.  and  in  some  instances,  no  proJU)  many  <if  the  importers  are  but  just  getting  possession 
of  a  great  proportion  of  their  goods,  and  many  are  not  yet  released.  Wc  liave,  ourselves,  a  ship  in  the  "freighting 
business,  which  was  proceeding  from  Scotland  to  this  port,  witiia  valuable  cargo  of  dry  goods,  on  account  of  various 
merchants  in  this  city;  she  was  captuied  in  August  last  by  a  privateer,  and  carried  into  liristol  (Rhode  Uland.) 
The  ship  is  released  on  bond,  but  nearly  the  whole  of  the  cargo  is  this  day  in  store  in  Bristol,  under  charge  of  the 
marshal  or  collector — the  privateer  (the  Yankee)  refusing  to  consent  to  their  release  on  boiid.  Are  not  these  cases 
of  hardship.^ 

I  am,  with  much  respect,  dear  sir,  vours,  truly, 

Lewis  Uondict,  hsq. 


Baltimoiie,  Soi-e7nhe:-  IT.  l.SI'i. 
My  Dbar  Sir: 

In  consequence  of  the  death  of  our  mutual  and  respectable  friend.  Mr.  David  Armour,  of  this  city, 
as  his  particular  friend,  and  adnuinstrator  of  his  estate,  the  duty  has  devolved  upon  me  of  stating  particularly  the 
transaction  as  it  occurred,  and  the  circumstances  under  w  Inch  the  goods  lately  imported  by  Arriiour  and  Jenkins 
arrived.  This  subject,  I  observe,  being  referred  to  a  connnittee  of  the  House  of  Representatives,  to  make  report 
on,  imposes  an  obligation  on  me  of  stating  such  facts  aiid  circumsLances,  relating  to  this  business,  as  I  conceive  may 
be  useful.  This  I  should  liave  done  at  an  earlier  period,  but  was  preventeil  by  the  want  of  the  documents  from 
Norfolk,  which  came  to  hand  the  night  before  last  only.  For  many  years  past,  as  will  no  doubt  appear,  by  referring 
to  the  Treasury  Department,  Armour  &  Jenkins,  (saddlers  of  this  city)  were  in  the  practice  ol  importing,  every 
Spring  and  Fall,  a  small  quantity  of  saddlery.  Pursuing  their  customaiy  pluii.  on  the  30th  of  June.  ISIO,  they 
ordered  the  goods  which  have  lately  arriveil,  the  subject  which  is  now  before  the  committee.  Shortly  after  thi.s 
period,  Mr.  D.  Armour  was  taken  sick,  and  died  on  the  llth  of  November  following,  leaving  a  widow  and  six 
children.  During  the  time  between  the  .30th of  June,  1810,  and  his  deatli,  part  of  the  money  lor  those  goods  was 
paid:  the  balance,  Mr.  Jenkins,  the  surviving  partner,  paid,  by  great  exertions,  in  the  latter  end  of  March,  1811, 
having  obtained  the  money,  in  part,  from  the  Unicm  Bank  of  ftlaryland.  on  loan,  to  effect  this  object.  The  induce- 
ments to  those  exertions  were,  that  Messrs.  William  Walker  &  Co.  of  Philadelphia,  who  were  the  agents  of  the 
Messrs.  Walkers  in  England,  of  whom  the  goods  were  ordered,  gave  him  a  discount  of  Ih  per  cent,  for  prompt 
payment.  You  will  please  to  observe,  that,  when  this  money  was  paid,  the  goods  were  expected  in  a  very  short  time; 
this  opinion  was  induced  by  the  letter  of  William  Walker  &  Co.  of  Philadelphia,  dated  13th  Slarch.1811,  an  ex- 
tract from  which  is  herewith  enclosed.  The  circular  from  the  Treasury  Department,  it  is  presumed,  which  reached 
England  in  the  interim,  stopped  their  shipmeiit.  as.  by  that  instrument,  no  goods  were  allowed  to  be  landed  in  this 
country,  which  should  arrive  after  the  '2(1  of  February;  although  it  so  turned  out,  that,  had  they  been  shipped,  by  a 
subsequent  law  of  Congress  they  would  have  been  legaly  imported,  as  the  law  admitted  all  goods  that  should  leave 
England  before  the  3d  of  February.  In  the  midst  of  those  difficulties,  and  believing,  from"  the  declaration  of  our 
Government,  that  the  non-importation  act  would  be  repealed,  as  soon  as  the  British  Government  should  revoke 
their  orders  in  council,  Mr.  Jenkins,  the  surviving  partner,  with,  I  believe,  almost  every  other  importei-,  ordered 
the  goods  shipped,  as  soon  as  the  orders  in  council  should  be  removed.  This  event  having  taken  place,  and  the 
shippers  in  England  not  knowing  ot  war  being  declared  by  this  Government,  shipped  them  under  the  fiumer  orders 
they  had  received.  I  should  have  mentioned,  that  the  goods  sold,  as  heretofore  mentioned,  by  order  of  the  orphans' 
court,  were  sold  on  a  credit  of  six  months,  which  time,  added  to  that  already  elapsed  since  the  money  was  paid, 
makes  twenty-five inimths'  interest  due,  or  123  per  cent.;  from  which  deduct  the  Tj  per  cent,  allowed  for  prompt  pay- 
ment, and  5  per  cent,  stands  of  course  a  proper  item  in  the  |)rice  of  the  goods,  which  would,  on  the  money  paid  m 
England,  amount  to  about  $7-20.  From  the  foregoing,  which  is  founded,  not  upon  speculative  suppositions,  liutupon 
facts,  absolute  in  themselves,  the  documents  of  which  can  be  exhibited,  if  necessary,  it  would  iiillow,  that,  if  the 
Government  exacted  the  bonds  taken.  Armour  &  Jenkins  would  lose  $10,935  OSj";  tiiis  results  from  tlie  follow- 
ing facts: 

The  amount  of  penal  bond,  per  Tom  Hazard,  in  Norfolk,  is  .  .  .  .  $12,807  S3 

Do.  Do.  Brig  Ann,  in  Baltimore,        -----  640  33 


13,448  -21 
From  this  sum,  deduct  nett  profits  made,  as  per  statement  No.  3,     -  -  -  -  2,513  171 


Absolute  loss  of  Armour  &  Jenkin,->,         -  -  -  .  $10,935  034 


I  am  aware  that  something  may  be  said  about  the  rate  of  exchange;  on  this  head,  I  siiall  adopt  the  language  of 
Mr.  Russell  on  a  late  occasion.  I  have  nothing  to  disguise.  The  ad\antage  of  bills,  upon  the  whole  of  this  trans- 
action, has  been  about  14  per  cent.:  but  have  we  not,  ivithoiit  any  J'artlt  of  ours,  been  subjected  to  great  trouble, 
anxiety,  and  alarm:    Yes,  more  than  any  man  in  his  senses  would  be  willing  to  undergo  for  such  an  advantage. 

Having,  as  I  conceive,  made  a  fair  and  honest  statement  of  this  buMuess.  I  would  ask,  what  will  Government  be 
likely  to  do.'  In  coming  to  this  determination,  there  will  be  but  one  object  in  vie\\ — this  object  is  justice.  You  know 
me  too  well  to  suppose  I  would  not  be  among  the  very  first  to  step  hiruard  to  punish  any  ^iolation  of  the  laws  of 
our  own  Government;  but  it  is  surely  a  sound  maxim  10  say,  tliai,  where  there  was  no  intention  to  transgress,  there 
can  be  no  crime;  and  where  there  has  been  no  crime,  I  am  quite  sure,  an  honest  Government,  like  ours,  will  never 
punish.  You  may  ask  how  a  discrimination  can  be  made.  To  this  1  would  say,  that,  if  the  collected  wisdom  of  the 
United  States  cannot  devise  means  to  punish  tlie  guilty,  without  involving  the  innocetit,  let  the  whole  escape. 
.\dopt  the  common  declaration  of  law — it  is  better  fi.'r  ninety-nine  guilty  p 'isons  to  escape,  than  to  punish  one  inno- 
cently. Having  been  thus  lengthy,  I  shall  conclude  by  giving  you  permission  to  make  what  u^e  you  please  of  this 
letter,  and  the  accompanying  documents. 

I  remain,  yours,  very  respectfully. 

JOHN  HILLEN, 

.Idministralor  of  the  estate  of  D.  Jirmour.  deceased. 
Alexander  M'Kim,  Esqr. 

Extract  of  a  letter  from  TJ'm.  fValker  4*  Co.  dated  Philadelphia.  \2t/i  March.  1811,  to  Messrs.  .irmoiir  S,-  Jenkins. 

'•Gentlemen:  We  have  yours  of  the  llth;  the  last  accounts  we  have  from  our  friends  in  England,  are  of  the 
02d  December,  at  which  time  they  intended  shipping  all  they  could  get  on  board  by  2d  February.  They  mention 
particularly,  that  the  Baltimore  orders  having  been  received  early,  were  in  great  state  of  forwardness,  and  would  be 
ready  for  the  first  vessels.     We  have,  therefore,  no  doubt,  but  the  greatest  part  of  your  goods  will  be  in  the  Diana." 


i80  FINANCE.  •  ,  [i812. 


12th  Congress^]  No.    380.  [  2d  Fkssion. 

STATE    OF    THE    FINANCES. 

COMMUNICATED  TO  THE  SENATE,  ON    THE    7TH    OF  DECEMBER,  181'2. 

In  obedience  to  the  directions  of  (he  act  supplementary  to  the  act,  entitled  '•  An  act  to  establish  the  Treasury- 
Department,"  the  Secretary  of  tlie  Treasury  respectfully  submits  the  following  report  and  estimates: 

I.  To  the  end  of  the  year  1812. — The  actual  receipts  into  the  treasury,  during  the  year  ending  on  the  30th  of 
September,  1812,  have  consisted  of  the  following  sums,  viz: 

(Customs,  sales  of  lands,  arrears,  repayments,  and  all  other  branches  of  revenue,  amounting  to- 
gether, as  will  appear  more  in  detail  by  statement  E,  to  ....     $10,93<1,946  90 
On  account  of  the  loan  of  eleven  millions  ot  dollars,  authorized  by  the  act  of  March  14th,  1812,    .         5,847,212  50 

Total  amount  of  receipts,  ........       16,782,159  40 

Making,  together  with  the  balance  in  the  treasury,  on  the    1st  of  October,  1811,  and  amounting  to        3,947,818  36 


An  aggregate  of  .  ...-..,.     $20,729,977  76 

The  disbursements  during  the  same  year  have  been  as  followeth,  viz: 

Civil  department,  including  miscellaneous  expenses,  and  those  inciiient  to  the  intercourse  with  fo- 
reign nations,             -                 -                -                 -                 -                 -  -                 -                 -    $1,823,069  35 

Army,  militia,  volunteers,  fortifications,  arms,  and  arsenals,  -               -  $7,770,300  00^ 

Navy  department,        -_.-.-  3,107,501  54  C              -    11,108,77654 

Indian  department,      ------  230,975  OOJ 

Interest  on  the  public  debt,         -----  2,498,013  19 1                     ^  A-ir  i->a  ia 

On  account  ofthe  principal  of  do.              -                -                -                -  2,938,465  99  3               '     ^^•^^^"J  is 

Amounting,  together,  as  will  appear  more  in  detail  by  the  statement  E,  to  -  -  -    18,368,325  07 

And  leaving  in  the  treasury,  on  the  30th  September,  1812,  a  balance  of  -  -  -      2,361,652  69 

$20,729,977  76 


The  statement  Ee  exhibits,  in  detail,  the  payments  made  by  the  Treasury  Department,  for  the  several  branches 
ofthe  military  and  naval  expenditure,  during  the  same  year,  (from  the  1st  ot  October,  1811,  to  30th  September,  1812) 
and  also  during  the  two  last  months,  (October  and  November,  1812.) 

The  receipts  for  the  last  quarter  of  tlie  year  1812,  on  account  of  both  revenue  and  loans,  are  estimated  at 
$9,000,000;  and  the  expenditures  (including  about  1,500,000  dollars,  on  account  of  the  principal  of  the  public  debt,  and 
1,000,000  dollars  for  the  militia)  at  nearly  the  same  sum. 

The  sums  obtained  or  secured,   on  loan,  during  this  year,  amount,  so  far  as  has  been  ascertained  at  the   treasu- 
ry, to  («.)  ---------      $13,100,20000 

Of  which  there  was  received  prior  to  the  1st  October,  1812,  as  above  stated,     -  $5,847,212  50 

Received,  or  to  be  received,  prior  to  1st  January,  1813,      -  -  -  6,202,987  50 

To  be  received  in  January  and  February,  1813,  -  ■•  -  1,050,000  00 

13,100,200  00 

It  will  also  appear,  by  the  statement  F,  that  this  sum  was  obtained  on  the  following  terms,  viz: 

For  six  per  cent,  stock,  irredeemable  till  tlie  1st  of  January,  1825,  and  afterwards  redeemable  at  the 

pleasure  of  the  United  States,  ■  -  -  -  -  -  -  $7,415,300  00 

On  temporary  loans,  at  the  rate  of  six  per  cent,  a  year,  and  reimbursable  as  followeth,  viz: 

In  1813,  -.-.---  1,350,000  00 

In  1814,  -.-.---  750,000  00 

In  1817,  .....--  50,000  00 

2,150,000  00 

For  treasury  notes,  bearing  an  annual  interest  of  5f  per  cent,  and  reimbursable  one  year  after  date,      3,535,000  00 

$13,100,200  00 


From  the  present  demand,  it  appears  probable  that  the  residue  of  the  treasury  notes,  authorized  by  the  act  of 
30th  of  June  last,  and  amounting  to  $1,465,000,  will  be  disposed  of  prior  to  the  1st  of  March  next. 

It  may  be  proper  also  to  state,  that,  notwithstanding  the  addition  thus  made  to  the  public  debt,  and  although  a 
considerable  portion  has  been  remitted  from  England  and  brought  to  market  in  America,  the  public  stocks,  which 
had  at  first  experienced  a  slight  depression,  have  been,  for  the  last  three  months,  and  continue  to  be,  at  par. 

II.  Year  1813. — The  nett  revenue,  arising  from  duties  on  merchandise  and  tonnage,  which  accrued  during  t!ie 
year  1810,  amounted  to  -  -  -  -  ".  "  "  -     $12,513,490 

The  nett  revenue,  arising  from  the  same  sources,  which  accrued  during  the  year  1811,  amounted,  as  will  appear 
by  the  statements  A  and  B,  to  -------      $7,902,560 

The  same  revenue,  for  the  year  1812,  is  estimated  at  12,500,000  dollars;  of  which  sum,  about  5,500,000  dollars 
arise  from  duties  on  the  late  importations  from  Great  Britain. 

The  custom  house  bonds,  outstanding  on  the  1st  day  of  January,  1813,  and  falling  due  in  that  year,  are  estimated, 
after  deducting  bad  debts,  at  11,250,000  dollars;  and  it  is  believed  that  the  probable  amount  of  receipts  from  that 
source,  into  the  treasury,  during  the  year  1813,  may  be  safely  estimated  at  11,500,000  dollars. 

The  sales  of  public  lands,  north  ofthe  river  Ohio,  during  the  year  ending  on  the  30th  September,  1811,  and  after 
deducting  ihe  lands  which  have  reverted  to  the  United  States,  have  amounted,  as  appears  by  the  statement  C,  to 
390,000  acres;  and  the  payments  by  the  purchasers  to  790,000  dollars.  The  Indian  wars  may  afiect  the  sales,  and 
perhaps,  to  a  certain  extent,  the  amount  of  payments.  It  is,  however,  believed,  that  that  branch  of  revenue  may, 
together  with  some  other  small  items,  be  estimated,  for  the  ensuing  year,  at  500,000  dollars;  making  the  whole  amount 
of  probable  receipts  into  the  treasury,  for  the  year  1813,  (exclusively  of  loans)  12,000,000  dollars. 

The  expenditures  for  that  year  are  estimated  as  followeth,  viz: 
1st.  Expenses  of  a  civil  nature,  both  foreign  and  domestic,  -  -  -  $1,500,000 

2d.  Public  debt,  viz. 
Interest,  including  that  on  new  loans  of  the  years  1812  and  1813,        -  -  -     $3,300,000 

Reimbursement  of  six  per  cent,  and  deferred  stocks,  and  of  temporary  loans  and  treasu- 
ry notes  falling  due  in  1813,  and  estimated  amount  of  purchases  of  stock,    -  -       5,200,000 

8,500,000 

(a. )  The  amount  was  stated  in  the  President's  message,  at  the  commencement  of  tlie  tession,  at  eleven  millions  of  dollars.  The 
other  two  millions  have  been  contracted  for  subsequent  to  its  date. 


1812.]  STATE    OF    THE    FINANCES.  581 

3d.  Military  establishment: 
The  estimates  of  tlie  Secretary  of  War  are,  with  respect  to  the  army,  predicated  on  the 
employment  oj" the  whole  force  aiithori/,e(l  by  law,  and  aniountiiif;  to  36,700  men,  of 
every  description.     Adding  (o  this  the  expense  incident  to  the  seivice  of  volunteers 
and  militia,  and  also  the  increase  of  pay  ol  the  army,  the  appropriation  for  arming  the 
militia,  and  100,000  dollars  of  the  unexpended  balance  for  fortifications,  the  whole  con- 
templated expense  may  be  estimated  as  follows: 
Army — pay,  subsistence,  bounties,  clothing,  and  hospitals,  -  -  .     $9,350,000 

Ordnance  and  armories,  --_..-.        1,850,000 

Quartermaster's  department  and  contingencies,    -  -  -  -  .        2,500,000 

Fortifications,  -  -  -  -  -  -  -  -  ''JOO.OOO 

Arming  the  militia,    -  -  -  -  -  -  -  _  200,000 

Volunteers  and  militia,  in  actual  service,  .  _  -  .  .        2,000,000 

Indian  department,  --..-..  200,000 


4th.  Naval  establishment: 

The  estimates  of  the  Secretary  of  the  Navy  are  predicated  on  the  employment  of  the  fol- 
lowing force,  viz: 

Commissioned  and  warrant  officers,        .  -  .  -  871 

Petty  officers,  seamen,  and  boys,  viz: 

For  nine  frigates  and  nine  smaller  vessels,         -  -  -  3,G20 

For  t\\(i  hundred  gun-boats  and  other  vessels,  -  -  7,000 

Marines,  including  officers,  .         -  -  -  -  1,869 


17,000,000 


Total,  -  13.3G0 


And  the  expense  is  estimated  as  followeth,  viz: 

Pay,  provisions,  and  medicine,              ......  $3,290,000 

Ordnance,                .                .              ,-,,.•,              •               •               •                •  100,000 

Repau-s,  contingencies,  and  navy  yards,  adding  the  annual  appropriation  of  $200,000 

for  timber,     .                .                .                 .                .                .                 .                .           '     .  1,125,000 

Marine  corps,         ........  110,000 


4,925,000 

Amounting,  altogether,  to        ........         31925000 

The  receipts  on  account  of  tiie  revenue,  having  been  estimated  at    .  .  .  .'  l2'ooo'ooO 

Leaves  a  balance  to  be  provided  for,  by  loans,  of    ....  .  _  $19925  000 

Of  this  sum,  niore  than  one  million  is  already  contracted  for,  and  there  remains  on  hand  a  balance  of  about  -= 
million  and  a  half,  in  treasury  notes,  not  yet  disposed  of.  An  authority  to  issue  new  note-;,  for  about  two  millions 
and  a  halt  more,  being  the  amount  reimbursable  in  1813,  will  still  keep  the  whole  amount  issued  at  five  millions 
and  reduce  the  amount  ot  the  loan  to  about  fifteen  millions  of  dollars.  ' 

In  order  to  facilitate  the  loan,  and  perhaps  to  improve  its  terms,  it  may,  however,  be  eligible  to  leave  some  dis- 
cretion in  the  Executive,  as  to  the  respective  amounts  of  stock  and  notes  to  be  issued:  which  may  beadvanta-^eousiv 
varied,  according  to  circumstances,  without  increasing  the  aggregate  of  both.  »         .» 

The  preceding  estimates  do  not  embrace  the  expense  incident  to  the  proposed  increase  of  the  navy  nor  any 
other  expenditure,  not  yet  authorized  by  law.  In  order  to  meet  any  new  expense  which  may  thus  be  authorized  by- 
Congress,  it  will,  therefore,  be  necessary  to  increase  the  loan  to  a  corresponding  amount. 

The  sums  received,  or  to  be  received,  on  loan,  during  the  calendar  year  1812,  have  been  stated  at      $12  950  200 

The  payments  on  account  of  the  principal  of  the  debt,  during  the  same  year,  though  not  yet  pre  '       ' 

cisely  ascertained,  may  be  estimated  (so  far  as  ascertained  on  the  1st  of  December,  at  the  treasury)  at  2  350  200 

Making  the  actual  increase  of  debt,  during  that  year,  -  -  .  .        $io  GOO  000 


It  appears,  according  to  the  preceding  estimate,  that  the  whole  sutn  to  be  borrowed,  durin"  the  year  1 
lount  to  about  twenty  millions  of  dollars:  and  that  the  payments  on  account  of  the  principal  of  the  pul 
II  exceed  five  millions;  making  the  actual  increase  of  debt,  during  that  year,  -  .  §i; 


Of  the  revenue  which  will  accrue  during  the  year  1813,  and  on  which  the  receipts  of  the  year  1814  will  princi- 
pally depend,  it  is  not  practicable  at  this  moment  to  form  a  correct  estimate.  So  far  as  may  be  inferred  from  the 
experience  of  the  short  period  wiiich  his  elapsed,  since  the  declaration  of  war,  it  is  not  probable  that  the  revenue 
derived  from  customs  will  exceed  the  amount  of  $5,000,000.  at  which  it  had  been  estimated  in  a  former  communi- 
cation. The  duties  accrued,  or  which  will  accrue,  during  the  last  six  months  of  this  year,  after  dednctin"  draw- 
backs and  expenses  of  collection,  are  estimated  at  less  than  9,000,000  dollars:  which,  deductin,"  about  5^500  000 
dollars  on  account  of  duties  on  the  late  importations  from  Great  l?ritaiii.  and  one  million  for  the  duties  on  importa- 
tions from  Calcutta  and  China,  would  not  leave  more  than  2.500,000  dollars  for  the  ordinary  revenue  on  those 
branches  of  commerce  which  are  permitted  by  law,  and  from  which  the  United  States  will  not  be  nearly  excluded 
by  the  war. 

All  wliich  is  respectfully  submitted. 

T  II  n        A     w   ,o,o  ALBERT  GALLATIN. 

Ireasury  Department,  December  \st^  1812. 


n      tf 


582 


FINANCE. 


[1812. 


A. 


./?  statement  exhibiting  the  amount  of  Duties  which  accrued  on  merchandise,  tonnage,  passports,  and  clearances; 
of  debentures  issued  on  the  exportation  of  foreign  merchandise;  of  payments  for  bounties  and  allowances;  and 
for  expenses  of  collection,  during  the  years  1810  and  1811. 


Duties  on 

Debentures 
issued. 

Bounties  and 
allowances. 

Gross  revenue. 

Expenses 

on 
collection. 

Net  revenue. 

Years. 
1 

Merchandise. 

Tonnage. 

Passports  & 
clearances. 

1810 
1811 

16.601,711   71 
10^427,412  21 

169,161  24 
124,363  30 

23,428  00 
19,737  70 

3,839.160  00 
2,227,245  00 

2,268  05 
784  13 

12,952,872  90 
(«)  8,343,484  08 

439,382  87 
440,924  46 

12,513,490  03 
7,902,559  62 

(a)  Gross  revenue,  for  the  year  1811. 
Deduct  interest  and  storage 

Gross  revenue,  per  statement  B, 


$8,343,484  08 
19,026  60 

$8,324,457  48 


Statement  of  the  amount  of  Jimerlcan  and  Foreign  Tonnage  employed  in  Foreign  Trade,  for  the  year  1811,  as 

taken  from  the  records  of  the  Treasury. 


Tons,     948,247 
-      33,203 


American  tonnage  in  foreign  trade,       ------ 

Foreign  tonnage,     --------- 

Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States,  -  -  -    981,450 

Proportion  of  foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade  of  the 

United  States,  -  -  -  -  -  -  -  -  3.4  to  100 


Treasury  Depart.ment.  Begister^s  Office,  Noimnber  iSth,  1812. 

JOSEPH  NOURSE,  Register. 

B. 

Ji  statement  exhibiting  the  value  and  quantities,  respectively,  of  Merchandise  on  which  duties  actually  accrued 
during  the  year  1811,  (consisting  of  the  difference  bttween  articles  paying  duty,  imporU-d,  and  those  entitled  to 
draioback,  re-exported)  and,  aim,  the  nett  revenue  which  accrued,  during  that  year,  from  duties  on  Merchcmdise, 
Tonnage,  Passports,  and  Clearances. 


GOODS  PAYING  DUTIES  AD  VALOREM. 


$15,951,507,  at  12^  per  cent. 
2, 524,  .551,  at  15         do. 
131,114,  at  30        do. 


$18,607,173 


$1,993,938  38 

378,682  65 

36,222  80 


(«)  Additional  duty  on  $18,604,453,  at  2^  per  cent. 


(6)  Spirits,         3,447,873  gallons,  at  27.6  cents,  average, 

(c)  Sugar,  55,332,314  pounds,  at    2.5    do.         do. 

((/)  Wines,         1,614,654  gallons,  at  31.3    do. 

(e)  Teas,  3,557,329  pounds,  at  21.1    do. 

Coffee,  17,468,398  pounds,  at  5  cents, 
Molasses,     8,500,019  gallons,  at    5   cents, 

(/)  All  other  articles,  - 


do. 
do. 


From  which  deduct  bounties,  .  -  -  -  784  13 

Duties  refunded,  after  deducting  therefrom  duties  collected  on  nierciian- 
dise,  the  particulars  of  which  could  not  be  ascertained,  and  difference 
in  calculation,     ------         42,468  59 


465,111  32 

2,863,955  15 
950,603  86 

1,391,731  56 
505,111  35 
540,594  24 
873,419  90 
425,000  95 
543,393  03 

8,093.709  03 


35  per  cent,  retained  on  drawback, 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels. 

Nett  amount  of  duties  on  merchandise, 
Duties  on  tonnage,       ----- 
Light  money,  ----- 

Duties  on  passports  and  clearances. 

Gross  amount  of  revenue,  as  per  statement  A, 
Deduct  expenses  on  collection. 


43,353 


105,890  43 

18,472  87 


Nett  revenue. 


8,050,456  31 

80,953  67 

48,947  50 

8,180,356  48 


134,363  30 
19,737  70 

8,324,157  48 
440,924  46 


7.883,533  02 


Treasury  Department,  Registers  Office,  ^Vo?'CT«6er  18/A,  1812. 

JOSEPH  NOURSE,  Register. 


1812.] 


STATE   OF   THE   FINANCES. 


583 


Explanalory  Statements  and  Notes. 

(c. )  Additional  duty  of  25  per  cent.        -  -  - 

31  per  cent,  retained  on  drawbacks. 
Extra  duty  of  ten  percent,  on  merchandise  imported  in  foreign  vessels, 


{b.)  Spirits- 
Grain,  -  -  .  - 
Deduct  excess  of  exportation  beyond  importation. 


Other  materials.  1st  and  2d  proof. 


3d 

do. 

4th 

do. 

5th 

do. 

(f.)  Sugar — 

Brown, 
White, 


(rf. )  Wines — 

Madeira,  1st  quality, 

2d      do. 
Sherry  and  St.  Lucar, 
Oporto  and  Lisbon, 
Burgundy  and  Champaign, 
Tenerifte,  Fayal,  and  Malaga, 
Other,  in  bottles. 
Other,  in  casks. 


(f.)  Teas— 

Bohea, 

Souchong, 

Hyson, 
Deduct  excess  of  exportation  beyond  importation, 


1st  proof, 
Sd  proof, 


37,638  gallons,  at  28  cen)s, 
1,180    do        at  31     do. 


3C.458 

1,28G,132  do. 

1,524.309  do. 

599,977  do. 

997  do. 


at  25  do. 

at  28  do. 

at  32  do. 

at  38  do. 


Gallons,  3.447,873 


53,047,571  p'ds,  at  2i  cents. 
1,084,743     do.    at  3       do. 


Pounds,  55,332,314 


$465,111  M 

2,857  94 

1,752  60 

$469,721  92 


$10,538  64 
365  80 

10,172  84 
321,533  00 
420,526  52 
191,992  04 

378  68 

$950,603  86 


$1,341,189  27 
50,542  29 

$1,391,731   56 


18,018  gallons,  at  58  cents. 


48,673 

'  do. 

at  50 

do. 

4,515 

do. 

at  40 

do. 

111,653 

do. 

at  30 

do. 

835 

do. 

at  45 

do. 

653,512 

do. 

at  28 

do. 

23,753 

do. 

at  35 

do. 

553,695 

do. 

at  23 

do. 

Gallons,  1.614,654 


Other  green,        ■  - 

Extra  duty  on  teas  imported  from  other  places  than  India, 


456,154 

262,921 

*379 

262,542 

1,784,320 


54,313  pounds,  at  12  cents, 
do.      at  18    do. 


do. 
do. 


at  32     do. 
at  20    do. 


Pounds.  2,557,329 


$120,450  44 

24,336  50 

1.806  00 

33.495  90 

375  75 

182.983  .36 

8,313  55 

127,349  85 

$505,111   35 


$0,517  50 
82,107  72 


84,013  44 

350,864  00 

11,091   52 

$540,594  24 


*  Hyson  tea  imparted  from  other  places  than  India,  rate  of  duty  50  cents. 


584 

FINANCE. 

[1812. 

Explanatory  Statements  and  iVo^es— Continued. 

Quantity. 

Rate  of 

Excess  of  duties 

Excess  of 

(/. )  All  other  articles. 

Excess  of 

Excess  of 

duty. 

over  drawback. 

drawback  over 

importa- 
tion over 

exportation 
over  import- 

duties. 

exportation. 

ation. 

Cents. 

Domestic  spirits,  1st  proof. 

gallons. 

337 

7 

$23  59 

Do.               3d        do. 

do. 

41 

- 

15 

6   15 

Beer,  ale,  and  porter. 

do. 

43,103 

- 

8 

3,368  24 

Cocoa, 

pounds. 

678,895 

- 

2 

13,577  90 

Chocolate, 

do. 

1,844 

- 

3 

55  32 

Sugar,  candy, 

do. 

1,700 

- 

111 

195  50 

- 

loat". 

do. 

94 

9 

8  46 

other,  refined. 

do. 

1,099 

- 

6h 

71   43 

Almonds, 

do. 

240.971 

- 

2 

4,819  42 

Currants, 

do. 

104,330 

- 

2 

2,086  60 

Prunes  and  plums, 

do. 

43,237 

- 

2 

864  74 

Figs, 

do. 

268,101 

- 

2 

5,162  02 

Raisins,  jar, 

do. 

809,460 

- 

2 

10,189  20 

other. 

do. 

765,918 

- 

H 

11,488  76 

Candles,  tallow, 

do. 

31,631 

- 

2 

632  62 

wax,  or  spermaceti, 

do. 

8,165 

- 

6 

489  90 

Cheese, 

do. 

7,512 

- 

7 

525  84 

Soap, 

do. 

322,272 

- 

2 

6,445  44 

Tal  ow. 
Spices — Mace, 

do. 
do. 

1,058,716 

1,991 

n 

125 

15,880  74 

$2,488  75 

Nutmegs,     . 

do. 

55,942 

- 

50 

27,971   00 

Cinnamon, 

do. 

12,136 

- 

20 

2,427  20 

Cloves, 

do. 

37,056 

. 

20 

7,411   20 

Pepper, 

do. 

- 

458,480 

6 

- 

27,508  80 

Pimento, 

do 

358,788 

- 

4 

14,351   52 

Cassia, 

do. 

153,888 

- 

4 

6,155  52 

Tobacco, 

do. 

17,404 

- 

6 

1,044  24 

Snuff, 

do. 

804 

- 

10 

80  40 

Indigo, 

do. 

342,176 

- 

25 

85,544  00 

Cotton, 

do. 

186,515 

- 

3 

5,595  45 

Powder,  gun. 

do. 

3,944 

- 

4 

157  76 

Starch,           .            . 

do. 

4,483 

- 

3 

134  49 

Glue, 

do. 

14,334 

- 

4 

573  36 

Pewter  plates  and  dishes,     . 

do. 

3,880 

- 

4 

155  20 

Iron,  anchors,  and  sheet, 

do. 

286,286 

_ 

1| 

4,294  29 

slit  and  hoop. 

do. 

175,856 

- 

1 

1,758  56 

Nails, 

do. 

212,389 

- 

2 

4,247  78 

Spikes, 

do. 

48,808 

- 

1 

■        488  08 

Quicksilver. 

do. 

14,316 

- 

6 

858  96 

Ochre,  in  oil. 

do. 

700 

- 

U 

10  50 

- 

dry. 

do. 

136,247 

- 

1 

1,362  47 

Spanish  brown. 
White  and  red  lead. 

do. 

7,802 

1 

78  02 

do. 

863,207 

_ 

2 

17,264   14 

Lead,             .... 

do. 

1,336,196 

- 

1 

13,361   96 

■ 

Cordage,  tarred, 

do. 

825,754 

- 

2 

16,515  08 

untarred. 

do. 

111,545 

- 

2i 

2.788  62 

Cables,           .... 

do. 

84,365 

- 

2 

1,687  30 

Steel, 

cwt. 

3,411 

- 

100 

3,411   00 

Hemp, 

do. 

218,705 

- 

100 

218,705  00 

Untarred  yarn. 

do. 

2 

- 

225 

4  50 

Twill',           "... 

do. 

1,204 

- 

400 

4,816  00 

(Glauber  ;;alts, 

do. 

- 

32 

200 

- 

64  00 

Coal,               .... 

bushels. 

96,512 

- 

5 

4,825  60 

Malt,              .... 

do. 

40 

- 

10 

4  00 

Fish,  dried, 

quintals. 

1,175 

- 

50 

587  50 

pickled,  salmon. 

barrels, 

296 

- 

100 

296  00 

mackerel, 

do. 

3,155 

. 

60 

1,893  00 

all  other. 

do. 

274 

_ 

40 

109  60 

Glass,  black  quart  bottles. 

gioce. 

3,071 

- 

CO 

1,842  60 

window,  not  above  8  by  10,  1 

00  sq.  feet. 

3,867 

- 

160 

6,187  20 

do.        do.        10  by  1-2, 

do. 

3,008 

_ 

175 

5,264  00 

do.    all  above  10  by  12, 

do. 

649 

_ 

225 

1,460  25 

Cigars,           .... 

M. 

11,833 

- 

200 

23,666  00 

Boots, 

pairs. 

342 

- 

75 

256  50 

Shoes,  silk,    .... 

do. 

3,880 

. 

25 

970  00 

• 

kid  and  morocco, 

do. 

5,117 

- 

15 

767  55 

other. 

do. 

203 

_ 

10 

20  30 

Cards,  wool  and  cotton, 

dozens. 

44 

- 

50 

22  00 

playing. 

packs. 

144 

25 

36  00 

$573,353  57 

$30,061   55 

V 

30,061   55 

$543,292  02 

Treasury  Department,  Registcr''»  (iffice,  November  ISth,  1812. 

JOSEPH  NOURSE,  Register. 


1812.] 


STATE    OF  THE    FINANCES. 


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1812.] 


STATE  OF  THE  FINANCES. 


587 


D. 


.in  tstimate  of  the  principal  redeemed  of  the  Debt  of  fhc  Cnited  S/otes.  from  the  1st  Oeto/ier.  Ifill.  to  the  30th  of 
September,  1812;  and.  also.frojutheUtof.flpril,  ISOl.  to  the  30lh  September,  181-2. 


The  amount  of  warrants  issued  on  the  Treasurer  of  the  United 
States,  on  account  of  the  interest  of  the  domestic  debt,  and 
of  the  reimbursement  of  the  ohl  6  per  cent,  and  deferred 
stocks,  from  the  1st  of  October,  1811.  to  the  30th  September. 
181"2,  exclusive  of  a  repaymetit  of  $2  i, 9-27  30.  and  of  the  reim- 
bursement of  part  of  the  converted  stock,  and  the  purchase  of 
Louisiana  6  per  cent,  stock,  as  stated  below,  was  $3,210,118  28 

Deduct  interest  wliich  accrued  during  the  same  pe- 
riod, calculated  quarter  yearly,  -  -     1,680,821  80 


Reimbursement  of  the  old  6  per  cent,  and  deferred  stocks. 

Do  of  the  navy  6  per  cent,  stock. 

Do  of  the  53  per  cent,  stock,     ..  -  -  . 

Do  of  the  4|  per  cent,  stock,     -  -  -  - 

Do  and  purciiase  of  8  per  cent,  stock.  - 

Do  do  of  exchanged  6  per  cent,  stock. 

Do  of  converted  6  per  cent,  stock. 

Purchase  of  Louisiana  six  per  cent,  stock,  (cost  $116,761  17.) 
Payments  for  lands,  in  certificates  of  the  debt  of  t!ie  United  States, 

Do      to  foreign  officers,  and  for  certain  parts  of  the  domes- 
tic debt,  "  .         '    .        " 

Do      on  account  of  domestic  loans,       -  -  -  - 

Reimbursement  of  the  foieign  debt.  -  .  .  . 


RcilemptioM 
from  1st  Octo- 
ber,   1811,    to 
.30th    Septem- 
ber, 1812. 


$1,523,596  39 


1.-3 
1 


94.452  29 
18.500  00 


1.917  31 


Redemption 
from  1st  April, 
ISOl,  to  30th 
Scpt'r,  1811, 
per  the  Secre- 
tiry's  report 
of  35th  Novem- 
ber, 1811. 


Tota.!  principal 
redeemed,  from 
lstAi)ril,  1801, 
to  30th  Septem- 
ber, 1812. 


813,312.846  57 
711,700  00 
1,847.500  00 
176.000  00 
6.359.600  00 
6,293,351    12 


268,240  70 

90.092  58 

3,440,000  00 

10.075.004   00 


Dollars,    a  2,938,465  99 


42,-574,334  97 


$14,836,142  96 

711.700  00 

1.847,500  00 

176.000  00 

G.359,600  00 

6.293,351    12 

1,294,452  29 

118,500  00 

268,240  70 

92,009  89 

3,440,000  00 

10,075.004   00 


b  45,512,800  96 


(rt. )  There  was  received,  on  loan,  from  1st  October.  1811,  to  SOtli  September. 
From  which,  deducting  the  principal  redeemed. 

Leaves,  for  the  actual  increase  of  debt,  during  tliat  period. 


1812. 


$5,847,212  50 
2.938.465  99 


$2,908,746  51 


'■.)  To  this  sum  of  -_........    $15,512,800  96 

Must  be  added: 

DiiTerence  between  the  nominal  amount  of  3  per  cent,  stock  extinguished,  and  that  of  con- 
verted stock,  issuetl  under  the  act  of  11th  Febi'uary.  1807,     -  -      $1,001.458  45 

Diftiireiice  betweeri  the  nominal  amount  of  six  per  cent,  and  deferred 
stticks.  as  here  stated,  and  the  amount  actually  reimbursed,  as  per 
accounts  settled  at  the  treasuiy.  arising  from  uiichiimed  dividends 
and  arrears  of  interest.  -...-. 


From  which.  detlucT  leimbursements  on  >tock  paid  in   for  lands  prior  to  ;>orh 
September.  1805.        -------- 

True  amount  reimbursed  from  1st  April.   I80I,  to  30th  Septemljer,  1>I2. 


324.274   91 
?  1.325, 73.-}  36 

i.229   90 


1.321.503  46 


$46,834,304  42 


588 


FINANCE. 


[1812. 


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1812.] 


STATE    OF   TilE    FINANCES. 


5G9 


Ee. 


Slalemmtofpmjmcnjs  mmhatlhe  Treamnj  durinir  l/ieTjear  ending  on  mh  September,  \?>V2,  and  during  the  months 
oj  Uctober  and  November,  1812,  for  the  several  branches  of  ejypendilure  in  the  ff'ar  and  Navy  JJepartments. 


FIEADS    OF    EXPENDITI'RK. 


First  six  months 
from  1st  Oct. 
1811,  to  31st 
March,  1812. 


Second  .six  months 
from    1st  A]-)ril 
to  ,.30th   .Sc-pt. 
1812. 


Months  of  Oc- 
tober :ouI  No- 
vember, 1812. 


WAR. 


TOIAL. 


Bounties  anil  premiums,        .... 

$1(5 1. 000 

$250,000 

$4ii,ono 

Pay,    .... 

3.3.0,000 

000,000 

- 

93.5,000 

Subsistence,    . 

570,000 

079,000 

$250,000 

1,799,000 

Clothing, 

.'30,000 

948,000 

500,000 

1,498,000 

Forage, 

5,000 

20,000 

- 

25,000 

Camp  equipage,  &c.  . 

235,000 

140,000 

5,131   83 

370,131   8,1 

Purchase  ot  horses.     . 

- 

52,000 

100,000 

152,000 

Ordnance  and  purchase  of  sulphur. 

150,000 

540,000 

23.310  50 

713,310  50 

Arsenals  and  armories. 

2,35,000 

100,000 

50,000 

391,000 

Medical  and  hospital  department. 

24,000 

102.000 

54,000 

180,000 

Quartermaster's  department. 

- 

990,000 

(i53.7(;o 

1,043,700 

Corps  of  artificers. 

- 

2,000 

- 

2,000 

Seven  companies  of  rangers. 

- 

108,772 

11,250 

1 20,022 

Militia,  and  their  equipment. 

40,000 

500,800 

020,000 

1,172.800 

Volunteers,     . 

- 

210,000 

150,000 

300,000 

Fortifications, 

170.000 

.90,000 

- 

260,000 

Contingent  expenses. 

65,000 

80,228 

50,000 

201,228 

Miscellaneous  expenses, 

2,500 

7,000 

9,050 

19,150 

Indian  department,    . 

115,975 
2,148,475 

115,000 

50,000 

280,975 

nollars. 

5,852,800 

2,533,108  33 

10,534,383  33 

Balance  in  the  hands  of  the  treasurer  on  account  ot 

the  War  Department,  1st  October,  Iftll, 

- 

- 

. 

$214,986  93 

Do.                   do.              1st  October,  1812, 

' 

' 

- 

760,331    13 

NAVY. 


Pay,    ,  .  .  . 

Provisions, 

Medical  and  hospital. 

Ordnance  and  saltpetre. 

Repairs, 

Purchase  of  captured  vessels, 

Purchase  of  timber,    . 

Navy  yards,   . 

Contingent  expenses. 

Miscellaneous  expanses, 

Marinu  corps, 


Dollars, 


997,263  34 


$400,000 

$470,000 

146,263   31 

340,000 

6,000 

40,000 

10.000 

130,000 

300,000 

785,000 

„ 

25,000 

20,000 

86,000 

43,000 

85,000 

- 

3.1, -,5  70 

72,000 

146,072  50 

2,110,2.38  20 


Balance  in  the  hands  of  tlie  treasurer,  on  account  of 

the  Navy  Department,  1st  October,  1811, 
Do.  '       do.  1st  October,  1812, 


$300,000 
75,000 

168,000 

200,000 

50,000 

100,000 

70.000 

30,000 

993,000 


?1, 170,000 

561,203  34 

46.000 

308,000 

1,285,000 

50,000 

125,000 

106,000 

198,000 

3,165  70 
248,072  50 


4,100,501   54 


$116,847  32 
221,839  32 


75 


tf 


590 


FINANCE. 


[1812. 


Statement  of  the  cfmounl  of  moneys  obtained  on  loan  by  the  United  Stales,  duriyig  the  year  1812,  so  far  as  ascer- 
tained at  the  Treasury,  on  the  \st  December,  1812. 


For   stock  heal- 

By special  con- 

For TreasuT)' 

PLACES. 

ing  an  interest 

tract,  at  six  per 

Notes. 

TOTAL. 

of  six  percent. 

cent,  interest. 

Portsmouth.  New  Hampshire. 

$17,600 

$17,600 

Portland.  Maine. 

- 

$50,000 

- 

50,000 

Boston  and  Salem,  Massachusetts.  . 

774.10U 

1,000,000 

$400,000 

2,144,100 

Providence,  Rhode  Island,    . 

94,200 

- 

94,200 

Hartford,  Connecticut, 

6,200 

- 

- 

6,200 

New  York,     .... 

1,733,000 

- 

1,600,000 

3,333,000 

Philadelphia,  .... 

2,502,300 

400,000 

1,295,000 

4,197,300 

Baltimore,       .... 

1,117,700 

200,000 

90,000 

1,407,700 

Washington.  .... 

498,600 

100,000 

1 50,000 

748,600 

Richmond,  Virginia, 

326,100 

250,000 

- 

576,100 

Charleston,  South  Carolina, 

375,400 

150,000 

- 

525,400 

Dollars, 

7,415,200 

2,150,000 

3,535,000 

13,100,200 

Of  the  above  sum,  there  was  loaned  by  individuals. 
Do.  do.  by  banks. 


$3,970,200 
9,130,000 

$13,100,200 


In  mannner  following,  viz: 


BY  INDIVIDUALS. 


PLACES. 

For  six  per  cent, 
stock. 

For  Treasurj- 
Notes. 

TOTAL. 

Portsmouth,    . 
Boston  and  Salem.     . 
Providence.     • 
Hartford, 
New  York. 
Philadelphia.  . 
Baltimore, 
Washington,  . 
Richmond. 
Charleston,     . 

$17,600 
724,100 

14,200 

6,200 

473,000 

1,457,300 

547,700 

73,600 
126,100 

75,400 

$265,000 
90,000 

$17,600 
724,100 

14,200 

6,200 

473,000 

1,722,300 

637,700 

73,600 
126,100 

75,400 

Dollar 

■s. 

3,515,200 

355,000 

3,870,200 

1812.] 


REDUCTION    OF   DUTIES  ON  PRIZE   GOODS. 


591 


STATEMENT  F— Continued. 
BY   BANKS. 


By  special  contract,  reimbursable 

Places  where 

Names  of  Banks. 

P'or  six  per 

in 

the  years 

For  Treasury 

TOTAL. 

subscribed. 

cent,  stock. 

Notes. 

1813. 

1814. 

1817. 

Portland, 

Cumberland, 

_ 

$50,000 

$50,000 

Salem, 

Merchants', 

$•20,000 

- 

- 

- 

- 

20,000 

Boston, 

State, 

- 

0500,000 

500,000 

- 

$400,000 

1,400.000 

Providence, 

Bristol, 

50,000 

- 

- 

- 

50.000 

Roger  Williams, 

•20,000 

- 

- 

- 

•20,000 

Newport. 

10,000 

- 

- 

- 

- 

10,000 

New  York, 

State,  (Albany) 

60,000 

- 

- 

- 

- 

60.000 

Manhattan. 

G00,000 

- 

- 

- 

1.000.000 

1.600,000 

Mechanics', 

600,000 

- 

- 

- 

600,000 

1,200,000 

Philadelphia.    - 

Pennsylvania, 

500,000 

- 

- 

- 

800,000 

1,300,000 

Fanners  &  Mechanics', 

300,000 

- 

- 

- 

200,000 

500,000 

Philadelphia. 

100,000 

400,000 

- 

- 

- 

500,000 

North  America, 

100,000 

- 

- 

- 

- 

100.000 

Trenton, 

•20,000 

- 

- 

- 

30.000 

50,000 

Newbern, 

25,000 

- 

- 

- 

- 

25,000 

Baltimore. 

Baltimore, 

50,000 

100.000 

100,000 

- 

- 

•250,000 

Union,  of  Maryland.  - 

•250,000 

- 

- 

- 

- 

250.000 

Mechanics', 

50.000 

- 

- 

- 

- 

50,000 

Marine, 

50,000 

- 

- 

- 

- 

50.000 

Commercial  &  Farmers' 

1  •20.000 

- 

- 

- 

- 

120,000 

Farmers  &  Merchants', 

•20,000 

- 

- 

_ 

- 

20,000 

Franklin, 

•20,000 

- 

- 

- 

- 

20.000 

Maryland, 

10,000 

- 

- 

_ 

- 

10.000 

Washington,     - 

Columbia, 

•200,000 

- 

- 

- 

- 

200.000 

Washington. 

50,000 

- 

- 

- 

- 

50,000 

Union,  of  Georgetown, 

75,000 

- 

- 

_ 

50.000 

1-25,000 

Farmers',  of  Alexandria 

- 

100,000 

- 

_ 

100,000 

200,000 

Alexandria, 

100,000 

- 

- 

_ 

100,000 

Richmond, 

Virginia, 

•200,000 

250.000 

- 

- 

- 

450,000 

Charleston, 

State, 

100,000 

- 

150,000 

_ 

- 

250,000 

Planters  &  Mechanics', 
Dollars, 

200,000 

- 

- 

- 

- 

200,000 

3,900,000 

1,350,000 

750.000 

50,000 

3.180,000 

9,230,000 

i2th  Congress.  ] 


No.  381. 


[•2d  Session. 


REDUCTION   OF  DUTIES   ON   PRIZE   GOODS. 

COMMUNICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,    ON  THE  21sr  OK  DECEMBER.    1812. 

Mr.  Chi.ves,  from  the  Committee  of  W^ays  and  Means,  to  whom  were  referred  so  much  of  the  petition  nf  the  owners 
and  agents  of  sundry  private  armed  vessels  fitted  out  of  the  port  of  New  York,  as  prays  a  reduction  of  the 
duties  on  prize  goods;  and  the  petitions  of  sundry  owners  of  private  armed  vessels  fitted  out  of  the  port  of  Bos- 
ton; and  of  suntlry  owners  of  like  vessels  fitted  out  of  the  poit  of  Norfolk  and  Portsmouth.  Virsnnia.  also  pray- 
ing a  reduction  of  the  duties  on  prize  goods,  made  the  following  report: 

That  a  letter  from  John  Ferguson  and  John  L.  Lawrence,  agents  for  the  petitioners,  from  New  York,  and  a 
letter  from  the  Secretary  of  the  Treasury,  botii  addressed  to  the  chairman  of  this  committee,  and  which  accompany 
this  report,  contain  all  the  facts  and  views  whicli  will,  probably,  be  found  material  in  the  examination  and  consider- 
ation of  tliis  subject.  And  that  this  committee,  having  maturely  considered  them,  are  of  opinion,  that  a  reiluction 
of  the  duties  on  prize  goods,  without  embracing,  at  the  same  time,  all  importations  made  in  the  prosecution  of  the 
ordinary  commerce  of  the  country,  cannot,  consistently  with  sound  policy  and  rational  legislation,  be  made:  and 
that  a  general  reduction  would  diminish  the  revenue,  where  it  does  not  distress  the  consumer,  and  would  not  pro- 
duce any  material  increase  of  gain  to  the  captors.     The  committee,  therefore,  recommend  the  following  resolve: 

Resolved,  That  it  is  inexpedient  to  grant  the  prayer  of  the  petitions. 


Washington,  23rf  Xovember,  1812. 

Sir: 

We  take  the  liberty  of  enclosing  to  you,  for  the  ir.spectiou  ol  the  Committee  of^^ays  and  Means,  sundry 

papers  connected  with  the  application  by  the  owners  of  privateers  in  New  York,  for  a  reduction  of  duties  on  prize 

goods.     They  are  as  follows: 

No.  1  exhibits  the  proceeds  of  the  schooner  Venus  and  cargo,  captured  by  the  privateer  Teazer: 

No.  2  is  a  statement  of  the  cost  of  the  privateers  General  Armstrong  and  Governor  Tompkins; 

No.  3  contains  extracts  of  letters  from  several  privateer  agents. 

The  Committee  of  Ways  and  Means  are  (including  the  accompanying  document)  in  possession  of  three  state- 
ments of  prize  sales,  where  the  property  was.  in  each  case,  of  a  difTerent  character  from  the  others.  The  cargo  of 
the  New  Liverpool  consisted  (contrary  to  our  impressions  when  before  the  committee)  altogether  of  wine,  amount- 
ing to  27,959  gallons,  whereon  the  duty  was  46  cents  per  gallon,  which  consumed  more  than  one-half  of  the  proceeds 
of  vessel  and  cargo,  and,  connected  v/iththe  other  charges,  left  the  owners  of  the  privateer  about  one-sixth  of  the 
captured  property.    The  Industry  was  laden  with  152  barrels  of  salmon;  and  the  benevolent  intentions  of  the  pri- 


592  FINANCE.  [1812. 

vateersmen,  to  restore  to  an  indigent  owner  the  amount  of  her  loss,  terminated,  in  consequence  of  the  hisjh  duties 
and  charges,  in  an  inability  to  present  her  with  more  tlian  a  paltry  sum,  scarcely  worth  her  acceptance.  The  Venus 
had  a  cargo  of  rum,  sugar,  fruit,  and  preserves,  wliicli  produced  $17,637  68,  and  was  charged  with  duties  amounting 
to  $8,287  63.  The  vessel  being  well  calculated  for  a  privateer,  was  bought  in  by  the  captors  for  that  business;  but, 
experience  teaching  them  that  tlie  profits  of  private  naval  warfare  are  by  no  means  eijuivalent  to  the  liazard,  they 
Iiave  abandoned  that  intention,  and  are  now  offering  the  Venus  for  sale,  in  the  public  newspapers,  but  cannot  meet 
a  purchaser. 

We  would  respectfully  suggest  to  the  Committee  of  Ways  and  Means,  that  great  anxiety  exists  in  New  York 
that  Congress  may  give  the  question  of  a  reduction  of  prize  duties  a  speedy  decision;  which,  if  favorable,  will  revive 
the  spirit  and  zeal  (now  expiring)  with  which  privateering  was  nndertakeu  at  the  commencement  of  the  war;  and, 
if  unfavorable,  will  prevent  those  wiio  have  purchased  vessels  for  warlike  enterprises,  in  which  they  cannot  now 
dispose  of  any  interest,  from  incurring  losses  accumulated  under  fruitless  expectations. 

We  here  take  the  liberty  of  reminding  the  committee,  that  no  naval  force  of  any  efficiency  can  be  supported  by 
the  Government,  but  at  an  expense  far  greater  tlian  the  amount  of  the  duties  of  wiiich  we  pray  tiic  remission;  and 
that  there  is,  probably,  no  other  species  of  naval  armament  half  so  destructive  as  privateers  to  the  commerce  of  an 
enemy. 

The  employment  of  a  great  number  of  experienced  masters  of  vessels  and  seamen,  necessarily  engaged  in  them, 
whose  services  could  not,  probabl)',  be  obtained  in  any  other  way,  and  whose  skill  ant!  intrepidity  produce  so  much 
honor  to  the  country,  Ibrms  another  important  consideration. 

To  these  may  be  added,  that,  in  no  otiier  way  can  tlie  mercantile  inteiest  be  so  elFectually  united  in  the  support 
and  prosecution  of  tiie  war,  as  by  offijring  inducements  to  the  investment  of  its  otiierwise  unemployed  capital  in  such 
enterprises. 

We  are,  sir,  with  great  respect,  your  obedient  servants, 


Hon.  Langdon  Cheves, 

Chairman  of  the  Committee  of  IVays  and  Means,  House  of  Representatives. 


JOHN  FERGUSON, 
JN.  L.  LAWRENCE. 


New  York,  November  18, 1812. 


Sib: 

Under,  you  have  the  expenses  of  the  schooner  Venus,  as  she  was  sold  by  tlie  marshal. 

Amount  of  vessel,     ------ 

Cargo,  ......... 

CUARGES. 

Duties.  ------- 

Marshal's  charge,      ------ 

District  clerk's  commission,  -  -  .  . 

Prize  commissioner's  fees  on  bill     -  -  -  . 


Seamen's  fund,  2  per  cent.,  ------ 

Pilotage,        --------- 

Entry.  --------- 

Wharfage.     --------- 

Amount  of  shop  keeper's  bills,         ------ 

Solicitor's  bills,         -------- 

Henry  Bull's  bill  for  expenses  on  schooner  Venus,  -  .  . 

Paid  men  on  board  scliooncr  Venus,  -  -  -  .  . 

-\gent"s  commission,  2j  per  cent,  on  $10,568  32,  -  ..  . 

Nett  proceeds,  ---._--. 

Owners,  one  half,     -------- 

From  your's.  respectfully. 

SAMUEL  ADAMS. 

P.  S.  The  small  balance  still  remaining  in  court,  and  no  prospects  of  getting  out,  it  appears  to  be  more  difficult 
to  get  the  money  out  of  court  than  to  get  the  prizes  into  port. 

John  L.  Lawrence,  Esq. 

Cost  of  private  armed  schooner  General  Armstrong,  of  280  tons,  mounting  one  38  pounder,  four  long  nines,  and 
fourteen  9  pound  cannonades,  and  130  men,  fitted  out  of  the  port  of  New  York. 

Cost  of  vessel  and  guns,    .             ........  $28,000  00 

Armorer's  bill,  $U749  20;  blacksmith's  bill,  $245  46,                ....  1,99466 

Shot,  &c.  per  bill,  $1,094  09;  bread  and  Hour,  $670  50,             ....  1,76459 

Medicine  chest,  $104  96;  duck  and  hammocks,  $277  12,          ....  38208 

Beef  and  pork,  $764  50;  surgeon's  instruments,  $65  12,            ....  82962 

120  casks  powder,  .$0,340  00;  advance  to  crew,  and  shipping  do.  $2,074  75,  .            .  4,414  75 

Joiner's  bill.  $47  00  cooper's  bill.  $71   00;  rigger's  do.  $178  00:  cartmen's  do.  $75  50,  371  50 

.      Grocer's  bill.  782  89;  boat  hire,  $65  00;  pilotage,  $35  37,         .'           .             .            ,  883  26 

Fresh  meat,  $92  00;  ship  chandler's  bill,  S851  22;  block  maker's  bill,  5125  25,          .  1,068  47 

Tinman's  bills,  Sl60  25;  sundry  small  bills,  ?146  02,    .....  306  47 

Carpenter's  extra  bill,        .            .             ...             ....  206  41 

$40,201  81 
Commission  on  purchase  and  outfits,        .......  2,011  09 


$8,500  00 

17,637  68 

$26,137  08 

$8,287  63 

523  61 

370  00 

100  00 

Q  Q^l  24 

$16,906  44 

- 

338  12 

$16,568  33 

$74  00 

22  37 

1  88 

166  97 

160  00 

264  60 

100  00 

414  20 

1  '^nd  09 

- 

$15,364  30 

- 

7,682  15 

542,232  90 


Cost  of  private  armed  schooner  Governor  Tompkins,  of  270  tons,  mounting  fourteen  long  9  pounders, 

120  men,  fitted  at  the  above,  .........  $42,000  00 

New  York,  12?/t  November,  1812. 

We  hereby  certify  that  the  above  named  armed  vessels  were  purchased  and  fitted  out  by  us,  as  agents;  and  that 
the  actual  cost  of  each,  when  ready  for  sailing,  was  as  is  stated  above. 

JENKINS  &  HAVENS. 


1812.]  REDUCTION   OF   DUTIES    ON    PRIZE   GOODS.  593 


Extract  qfa  letter  from  Mraham  Biker,  agent  for  five  of  the  privateers  belonging  to  the  port  of  Neiv  York,  to  John 

L.  Lawrence,  dated 

New  Yokk,  November  I3t/i,  1812. 

I  sincerely  hope  you  will  accomplisli  wiiiit  you  have  undertaken,  otherwise  tiie  Teazer  Company  will  have  to 
give  up  privateering,  ami  sell  their  vessels  for  the  French  trade,  as  the  expenses  are  so  heavy,  taking  into  cunsidera 
tion  the  cost  of  the  vessel,  armunent,  &c.  that  they  can  make  nothing  by  the  business. 

The  cost  of  the  private  armed  schooner  Favorite,  ......  $9,160  00 

Mounting  5  guns  and  carrying  80  men,     -------  13,06500 

Total  amount  of  cost  of  the  Favorite,  on  her  first  cruise,  -  -  -  $20,225  00 


Extract  of  a  letter  from  Samuel  Jl  dams,  agent  for  five  of  the  New  York  privateer  h,  to  John  Z.  Lawrence,  dated 

New  York,  November  I3th,  1812. 
T  purchased  in  the  schooner  Venus  for  the  benefit  of  the  owners;  I  was  compelled  by  the  marshal  to  pay  the 
money  into  hislruids,  and  he  has  jiaid  it  into  court,  and  we  cannot  get  one  cent  out  of  the  court,  notwiihstanding 
we  have  $27,000  there  at  this  time:  but  I  presume  there  will  be  very  little  left,  after  piiying  double  dories,  maishal's 
fees,  prize  commissioners,  wardens,  and  a  number  of  othei-  expenses,  too  numerous  to  mention.  If  there  is  not  some 
relief  granted  by  (Congress,  th'.>re  will  be  20  privateers,  to  niy  certain  knowledge,  from  this  city,  that  will  give  up  their 
commissions,  as  they  cannot  get  men  to  enter  into  the  spirit  of  it  as  long  as  there  are  such  heavy  expenses  atlcnding 
the  condemnation  of  prizes.  We  have  expended  large  sums  of  mDuey  in  ihe  privateering  business,  inihe  following 
vessels  diat  I  am  agent  for  here,  viz:  the  schooner  Teazer,  16.000  dollars;  13.  Franklin,  25,000  dollars;  schooner 
Orders  in  Council,  40,000  dollars;  schooner  Saratoga,  40,000  dollars;  ship  Yorktown,  54,000  dollars. 


Extract  of  a  letter  froin  Peter  H.  Schenck,  agent  for  several  privateers,  and  Secretary  of  the  Committee  to  forward 
the  privateersmen's  memorial  to  Congress,  directed  to  John  Z.  Laivrcnce,  and  dated 

New  York,  12//*  November,  1812. 

You  mention  the  expected  success  on  our  memorial  as  relates  to  court  charges,  &c.  but  that  the  duties  aie  doubt- 
ful. We  find  it  almost  impossible  to  dispose  of  a  share,  unless  the  duties  are  reduced.  Every  one  cries  out  against 
it,  and  will  not  adventure  another  cent  unless  Congress  takes  oft"  the  duties. 


Extract  of  a  letter  froin  the  same  to  the  same,  dated 

New  Yokk,  14/A  November,  1812. 

I  am  much  gratified  to  hear  of  such  a  favorable  reception  by  the  Committee  of  Naval  Affiiirs.  The  question  of' 
the  duties  is,  howcTer.  the  main  difficulty,  and  unless  tiiey  are  remitted,  privateering  is  at  an  end.  I  find  it  impos- 
sible to  dispose  of  a  single  share  in  the  Anaconda.  The  duties  is  the  evil  complained  of  All  those  who  have  had 
concern  in,  and  who  advocate  that  species  of  warfare,  declare  that,  unless  Congress  take  oft"  the  double  duties,  they 
will  not  adventure  another  cent. 


Treasury  Department,  December  8th,  1812. 
Sir: 

The  documents  in  the  treasury  do  not  yet  afford  any  satisfactory  information  respecting  the  value  of  the  p-izes 
made  by  private  armed  vessels,  or  the  amount  of  duties  deiived  from  that  source.  In  answer  to  the  inquiry  of  the 
committee  respecting  the  propriety  of  diminishing  the  duties  on  prize  goods,  I  can  only  take  an  abstract  view  of  the 
subject. 

No  part  of  the  duties  on  prize  goods  ultimately  falls  on  the  captors.  The  duties  on  importations  are  paitl  by  the 
consumers,  whether  the  merchandise  be  captured  by  privateers,  or  regularly  iinported  by  merchants.  There  may  be 
accidental  exceptions,  arising  from  such  a  superabundance  of  a  particular  article  as  will  sink  its  price  below  the 
prime  cost  and  chaiges.  It  is  not  believed  that  this  is  now  tlie  case,  and  it  is  very  improbable,  that,  during  the  war, 
this  should  be  the  case,  with  respect  to  any  species  of  foreign  merchandise  whatever.  Cottc'e,  which  is  the  most 
abundant  article,  pays  a  duty  of  ten  cents  a  pound.  The  price  for  exportation,  in  which  case  no  duty  is  paiil,  is 
about  six  cents:  and  the  price  ii)r  home  conbumption,  is  at  least  sixteen  cents.  Indeed,  it  is  evident  that  a  reduc- 
tion of  duties  will  be  of  no  use  to  the  privateers,  unless  the  merchandise  continues  to  be  sold  at  the  same  price  as  if 
the  duties  had  not  been  reduced.  In  order  to  render  the  reduction  beneficial  to  the  captors  of  prize  goods,  the  con- 
sumers must  still  pay  the  same  price  as  heretofiire:  the  only  difference  being,  that  the  duties  still  thus  levied  upon 
them,  would  be  paid  to  the  captors,  instead  of  being  paid  into  the  treasury. 

Tlie  question,  therefore,  is  simply  whether  it  be  iiecessary  and  i)ir.pei-  to  pay,  from  the  treasury,  to  the  privateers, 
a  bounty  equal  to  the  amount  of  the  leduction  of  duties  on  prize  goods,  asked  tor  by  the  petitioners. 

The  argument  probably  urged  in  favor  of  that  measure,  is,  that  the  bounty  wouki,  by  increasing  the  number  of 

Erivateers,  have  a  tendency  to  increase  the  amount  of  captures.?  Thus,  supposing  that  a  reduction  of  duties,  to  one- 
alf  of  their  present  rate,  should  produce  a  double  number  of  captures,  the  enemy  would  be  annoyed  to  a  double 
extent,  without  any  loss  to  the  treasury.  But  it  is  not  believed  that  the  intended  effect  will  be  produced,  at  least 
to  a  degree  sufficient  to  compensate  for  the  loss  on  the  revenue,  or  to  outweigh  another  forcible  objection  to  this 
measure. 

In  order  to  justify  the  payment  of  a  bounty,  it  must  be  assumed,  either  that  the  price  at  which  some  captured 
articles  can  be  sold  is  so  low  as  not  to  render  it  worth  the  risk  to  send  into  port  vessels  laden  with  such  articles;  or 
that  the  bounty  is  necessary  fi)r  the  purpose  of  encouiaging  the  fitting  out  of  a  number  of  armed  vessels,  sufficient  to 
capture  all  the  enemy's  vessels  which  can  be  taken  by  piivateeis. 

The  first  position  is  not  believed  to  be  correct,  '{"here  are  not  any  articles  constituting  the  mass  of  enemy's  car- 
goes, and  liable  to  pay  duty,  which  are  not  sufficiently  valuable  to  make  it  an  object  to  capture  the  vessel,  ami  send 
her  into  port.  Coffee,  the  article  which  p;iys  the  higliest  pn)porti(male  duty,  and  the  value  of  which  is  most  reduced, 
is  worth  six  cents  a  pound,  or  one  hundred  and  twenty  ilollars  per  ton.  But,  if  the  liict  was  true,  the  true  remedy 
would  be  to  diminish  the  duty  getierally,  and  not  to  give  an  exclusive  bounty  to  the  om  nets  and  crews  oi  privateers. 
For,  if  the  article  be  not  worth'sending  in,  after  capture,  it  must  be  altogether  impossible  for  the  importing  merchant 
to  pay  its  prime  cost,  iieight,  and  insurance,  and,  with  those  charges,  to  import  such  an  article  without  considerable 
loss.  As  the  last  position  rests  on  conjecture,  it  is  less  susceptible  of  being  conclusively  refuted.  It  appears,  how- 
ever, highly  probable,  that  a  greater  number  of  privateers  has  been,  and  will,  without  any  bounty,  continue  to  be, 
employed,  than  is  necessary  tor  the  greatest  possible  annoyance  ot  the  enemy's  trade. 

All  common  regular  occupations  will  generally  find  their  own  level;  and  if  left  to  themselves,  the  capital  and 
labor  employed  on  each,  will  regulate  themselves  so  as  to  leave  a  moderate  but  adequate  profit  to  the  persons  re- 


594 


FINANCE. 


[1812. 


spectively  engaged  in  each  branch.  Sonie  occupations,  important  to  the  community  at  large,  may  be  so  unprofitable? 
as  not  to  be  pursued  to  the  extent  required  by  the  public  interest.  These  form  an  exception,  and  may  require  an 
extraordinary  encouragement  from  Government.  But  experience  shows,  that  the  occupations,  where  profit  depends 
wholly,  or  in  a  great  degree,  on  hazard,  are  generally  overstocked,  and  attract  a  considerable  capital,  although  there 
be  a  certain  loss  in  the  aggregate.  This  is  daily  exemplified  in  the  case  of  lotteries,  which  are  filled,  although  there 
is  a  certain  and  acknowledged  loss  of  15  per  cent,  on  the  whole  amount  of  capital  thus  laid  out  by  the  adventurers. 
The  lic.pe  of  a  prize,  the  uncertain  and  improbable  ciiance  of  an  easy,  prompt,  and  great  profit,  are  sufficient  induce- 
ments to  priiduce  that  effect.  The  occupation  of  privateers  is  precisely  of  tiie  same  species,  with  respect  to  hazard, 
and  to  the  chance  of  rich  prizes,  and  is,  at  this  moment,  still  more  encouraged  by  the  want  of  employment  for  the 
capital  and  seamen,  heretofore  engaged  in  ordinary  commercial  pursuits. 

If  this  view  of  the  subject  be  correct,  it  necessarily  follows,  that  a  bounty  may  indeed  still  more  increase  the 
number  of  privateers,  but  without  increasing,  in  any  proportionate  degree,  the  number  of  captures;  that  of  existing 
privateers  being  already  more  than  sufficient  for  the  quantity  of  food  afforded  by  the  enemy's  trade.  The  only  pro- 
bable effect  will  therefore  be,  a  diminution  of  levenue,  which  must  be  supplied  by  another  tax,  and  an  unprofitable 
application  of  the  national  capital  and  labor,  without  iiifiicting  any  additional  sensible  injury  on  the  enemy. 

Should,  however,  the  opinion,  thus  formed,  be  considered  as  erroneous,  there  is  another  forcible  objection  to  the 
mode  now  proposeil  of  giving  an  encouragement  or  bounty.  I  allude  to  the  temptation  and  facility  which  the  vicinity 
of  the  British  colonies  aftbrcfs,  of  making  collusive  or  pi-etended  captures  of  British  prohibited  merchandise.  It  has 
been  suggested,  from  a  source  in  which  confidence  may  be  placed,  that  arrangements  were  already  made,  or  at  least 
contemplated,  for  that  object.  A  reduction  of  duties,  by  increasing  tiie  profit,  would  operate  as  an  insurance  on  the 
risk,  and  assist  in  defraying  the  expenses  attending  the  transaction.  It  seems  that,  even  supposing  some  additional 
encouragement  to  be  necessary,  it  would  be  preferable  to  give  it  in  some  other  shape,  wliich  should  not  be  calculated 
to  promote  those  fraudulent  operations. 

It  may  not  be  irrelevant  to  state,  that  it  is  doubtful  whether,  by  the  existing  laws,  private  armed  vessels  and  their 
prizes  are  liable  to  the  payment  of  tonnage  duty,  and  that  the  seamen,  thus  employed,  are  certainly  exempt  i'rom  the 
payment  of  hospital  money. 

I  have  the  honor  to  be.  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Honorable  Langdon  Ciieves, 

Chairman  of  the  Committee  ofJVays  and  Means. 


12th  Congress.] 


No   382. 


[2d  Session, 


DUTIES    AND    DRAWBACKS. 

COMMIJMCATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBER  21,  ISIJ. 

Sir:  Treasury  Department,  December  18,  1812. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  mer- 
chandise, imported  into  the  United  States.  an;l  exported  therefrom,  tluring  the  years  1809,  1810,  and  1811. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
The  Hon.  the  Speaker  qf  the  House  of  Representatives. 


Ji  Statement  exhibiting  the  amount  of  Drawback  payable  on  sunih-y  articles  exported  from  the  United  States,  rn 
the  years  1809,  1810,  and  1811,  compared  ivith  tlie  amount  of  Dnties  collected  on  the  same,  respectively. 


IX  THK  TEAlt  1809. 

IN  THE  TEAIl    1810. 

IN    THE  T> 

An  1811. 

SPECIES  OF  MF.HCHANDISE. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

jiayable 

received. 

payable. 

On  Merchandise — 

Dollars. 

OoUai-s. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Paving  a  duty  of  15  per  cent,  ad  val. 

3,525,184 

506,770 

6,598,612 

612,069 

2,852,535 

438,666 

Uo                I7i            <lo 

939,667 

78,809 

1,592,219 

38,975 

484,048 

38,030 

Do                22i            do 

73,363 

1,957 

130,506 

5,729 

32,210 

2,566 

Wines,   Madeira,         _             _             _ 

174,290 

10,435 

176,208 

21,085 

169,031 

17,256 

Bm'pjuiulv  and  (;liampais;n,    - 

112 

17 

422 

- 

375 

Slieny  and  St.  Lucar, 

137,543 

1,846 

31,082 

8,914 

1,808 

Claret,            _             -             - 

795 

9,071 

2,890 

5j7 

10,869 

2.306 

Lisbon,  Oporto,  Si.c.  - 

66,733 

3,879 

37,435 

651 

.37,361 

3,157 

■Peneriffe,  Fayal,  Sec. 

148,153 

9,850 

166,856 

16,516 

194,406 

10,575 

All  other,      -             -              - 

20,763 

120,217 

72,181 

29,120 

194,020 

61,464 

Spirits,  distilled  from  grain,    - 

27,944 

2,066 

45,099 

131 

10,572 

361 

Do    from  other  materials, 

1,390,970 

68,918 

1,269,976 

33,192 

964,447 

21,622 

Do    from  domestic  produce,  - 

80 

- 

10 

- 

30 

Molasses,       -             -             -             - 

274,982 

1,941 

385,999 

969 

427,011 

926 

Beer,  Ale,  and  Porter, 

4,816 

625 

12,635 

100 

3,616 

174 

Teas,  Bohea,               -             -             - 

15,574 

6,700 

175,924 

13,485 

18,296 

n,319 

Soiichi)ng,         -             -             - 

37,054 

182,791 

449,634 

43,059 

124,146 

31,944 

Hyson,                _             _             _ 

129,937 

106,625 

417,331 

102,382 

115,629 

29,439 

Other  Green,    -             -             - 

150,406 

67,338 

518,925 

76,687 

Z7^,5oS 

17,934 

Coffee,           _             -             _             - 

1,936,508 

1,480,297 

1,563,159 

1,206,337 

1,457,152 

550,60r 

Cocua,            _              _             _             _ 

29,053 

51,366 

46,088 

8,110 

47,967 

32,442 

Chocolate,     _            -            -            - 

50 

- 

80 

- 

55 

1812.] 


DUTIES    AND    DRAWBACKS. 


595 


STATEMENT— Continued. 


IS   THE  TEAU   1809. 

IN  THK   YEAR    1810. 

IJf  TBK  TEAR   181  1. 

SFSalKS  OF  MERCQANOISE. 

Duties 

Drawback 

Duties 

Drawback. 

Dutiei 

Drawback 

received. 

payable. 

receiveil. 

pay:ible. 

received. 

payable. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 



Dollars. 

Dollars. 

Sugar,  Brown,           _             _             _ 

1,285,422 

735,144 

1,300,367 

577,394 

1,452,539 

96,228 

White  Clayed, 

429,580 

614,456 

522,498 

437,585 

492,015 

424,195 

Loaf  and  Candy, 

129 

93 

300 

- 

204 

Other  refined. 

31 

2,122 

2 

- 

79 

Almonds,       -            -             -             - 

4,841 

1,420 

1,970 

707 

4,989 

152 

Currants,        -             _             -             _ 

1,620 

- 

2,087 

1,456 

2,<J87 

Prunes  and  Plums,     -             -             _ 

845 

545 

193 

870 

Figs,               -             -             _             - 

3,550 

- 

7,061 

323 

5,822 

634 

Raisins,  in  jars  and  boxes. 

26,054 

715 

10,902 

2,542 

16,647 

307 

Do     all  other,        -             _             _ 

39,877 

568 

5,636 

6,814 

11,954 

409 

Candles,  Tallow,        _              _              _ 

29 

2,240 

1,183 

423 

951 

303 

Wax  and  Spermaceti, 

42 

134 

73 

- 

492 

Cheese,         _             _             _             _ 

1,766 

10,046 

2,905 

290 

882 

325 

Soap.             _             _             _             _ 

1,621 

7,209 

4,169 

2,162 

15,831 

8,74« 

Tallow,          _             -             _             _ 

576 

5,413 

2,345 

- 

16,532 

545 

Spices,  Mace,             -             -             - 

3,142 

4,388 

23,276 

5,582 

15,849 

17,696 

Nutmegs,      -             -             _ 

24,199 

2.018 

48,284 

39,361 

73,320 

43,744 

Cinnamon,     -             _             _ 

349 

- 

108 

- 

8,061 

5,437 

Cloves,           -             _             _ 

10,284 

4,188 

24,444 

19,432 

35,236 

26,208 

Pepper,         _             _             _ 

286,065 

363,313 

349,262 

279,783 

169,834 

190,337 

Pimento,       -             -             - 

14,532 

673 

22,622 

1,912 

15,283 

809 

Cassia,            _             _             _ 

3,618 

7,453 

16,355 

8,425 

11,535 

5,140 

Tobacco,       -            -             -             - 

31 

- 

95 

- 

1,142 

Snuff,            _             -             _             - 

199 

656 

756 

520 

80 

Indigo,           _             -            _             _ 

24,855 

117,497 

186,090 

185.299 

196,614 

104,489 

Cotton,          -             -              _              _ 

12,558 

87,807 

10,973 

23,807 

11.350 

5,203 

Powder,  Hair,             _             _             . 

5 

1 

Gun,              -              -             - 

3,274 

487 

1,178 

279 

160 

Starch,           -             -             -             _ 

43 

- 

260 

_ 

140 

Glue,             -            -            _            _ 

2,377 

- 

3,772 

465 

576 

Pewter  Plates  and  Dishes,     - 

852 

- 

314 

- 

155 

Anchors  and  Sheet  Iron, 

12,414 

- 

12,878 

- 

5,069 

Hoop  and  Slit  Iron, 

3,960 

1,654 

8,691 

905 

1,764 

743 

Nails,             -             -             -             _ 

29,328 

8,429 

45,160 

2,7.57 

5,796 

1,393 

Spikes,          -             -             _             _ 

1,819 

43 

2,895 

88 

523 

34 

Quicksilver,  -             -             -              _ 

763 

125 

118 

- 

859 

Paints,  Ochre,  Yellow,  in  Oil, 

145 

- 

162 

_ 

11 

Dry  Yellow,  -            -             - 

526 

- 

664 

- 

1,362 

Spanish  Brown,            -              - 

12,345 

165 

9,920 

475 

224 

139 

White  and  Red  Lead, 

60,445 

86 

50,754 

235 

17,268 

36 

Lead,  and  manufactures  of,    - 

11,414 

1,898 

15,820 

532 

13,399 

Seines,            -             -              _             _ 

88 

- 

99 

Cordage,  Tarred,       -              -             - 

932 

2,491 

16,918 

3,247 

30,148 

13,112 

Do.       Untarred,    -             -             - 

316 

8 

2,292 

27 

3,088 

271 

Cables,          _             _             _             _ 

338 

178 

3,776 

1,625 

2,632 

912 

Steel,             _             -             _             _ 

14,839 

1,954 

15,092 

3,883 

4,749 

1,289 

Hemp,           _             -             _             _ 

17,188 

697 

178,760 

- 

221,434 

2,125 

Untarred  Yarn,            -              -              - 

_ 

- 

_ 

_ 

4 

Twine  and  Pack-thread, 

3,016 

54 

12,135 

379 

5,554 

696 

Glauber  Salts,            -             -             - 

169 

- 

265 

_ 

_ 

61 

Salt,               _             -             _             . 

43 

Coal,              -             _             _             . 

18,410 

- 

19,907 

- 

4,862 

:>iuit,           -          _          _         _ 

- 

— 

11 

. 

4 

Pish,  Dried,  -             -             -              - 

4,710 

- 

4,031 

_ 

644 

Pickled,  Salmon, 

1,204 

- 

4,835 

_ 

325 

Mackerel,           -             -             - 

2,639 

- 

2,872 

_ 

2,082 

All  other,            -             -              - 

1,363 

- 

802 

_ 

119 

Glass,  Black  Quart  Bottles,  - 

4,700 

670 

12,912 

358 

2,042 

173 

Window,          -             -             - 

45,854 

284 

51,299 

988 

13,033 

70 

Cigars,          _            -            _            _ 

44,956 

6,224 

41,893 

10,285 

28,114 

4,101 

Lime,             -             -             _             _ 

23 

- 

26 

Boots,            -             _             _             _ 

441 

127 

829 

- 

457 

192 

Shoes  and  Slippers  of  Silk, 

275 

1,197 

445 

_ 

1,130 

148 

Do.  all  other,         -             -             - 

791 

696 

1,724 

86 

858 

53 

Cards,  Wool  and  Cotton, 

_ 

- 

3 

_ 

22 

Playing,          _             _             _ 

388 

- 

988 

488 

36 

Dollars, 

11,559,185 

4,706,608 

16,562,080 

3,839,160 

10,450,960 

2,227,245 

Trkasurt  Department,   Register's  Office,  Nooember  19,    1812. 


JOSEPH  NOURSE,  Register. 


59G  FINANCE.  [1812. 


12th  Congress.]  No.  383.  [ad  Session. 


IMPORTATIONS  FROM  BEYOND  THE  CAPE  OF  GOOD  HOPE. 

COMMUNICATED   TO    THE    HOUSE    OF    REPRESENTATIVES,    DECEMBER   29,    1812. 

Mr.  CiiEVES,  from  the  Committee  of  Ways  and  Means,  to  wiiom  were  referred  the  petitions  of  Simon  Forrester, 
David  D.  Pulsifer,  and  Boardman  and  Pope,  and  others,  importers  of  goods,  wares,  and  merciiandise,  from 
British  settlements  beyond  the  Cape  of  Good  Hope,  praying  to  be  permitted,  on  securing  the  duties  payable  on 
such  goods,  when  legally  imported,  to  sell  and  dispose  of  them,  and  so  forth;  also,  a  bill  from  the  Senate,  embrac- 
ing the  cases  of  the  petitioners,  reported — 

The  said  bill,  with  sundry  amendments;  also,  sundry  documents  explanatory  of  the  subject. 


Treasury  Department.  December  lOth,  1812. 
Sir: 

I  have  the  honor,  in  compliance  with  the  request  of  the  Committee  of  Ways  and  Means,  to  submit  such  in- 
formation*- as  appears  to  have  been  received  at  this  office,  concerning  the  importations  from  any  of  the  ports  of  India, 
since  the  commencement  of  the  operation  of  the  non-importation  act. 

It  will  be  recollected,  that  all  the  vessels  which  had  cleared  (rom  the  United  States  for  any  port  beyond  the  Cape 
of  Good  Hope,  prior  to  the  10th  of  No\  ember,  1810,  were,  by  the  non-importation  act,  of  2d  March,  1811,  exempt- 
ed from  its  general  provisions,  and  permitted  to  import  their  return  cargoes.  Of  those  cargoes,  as  they  were  en- 
tered without  difficulty,  no  particular  account  has  been  received;  and  it  is  presumed  that  they  were  not  intended 
to  be  embraced  by  the  inquiry  of  the  committee. 

It  is  also  possible  that,  on  the  subject  of  some  of  the  importations,  not  permitted  by  the  act  abovementioned, 
letters  may  have  been  received  from  the  parties,  and  that  their  names  not  being  recollected,  and  no  regular  appli- 
cation f  )r  a  remission  of  the  forfeiture  having  been  made,  some  of  the  cases,  thus  communicated,  may  now  be  acci- 
dentally omitted.  Nor  is  it  probable  that  application  should  have  generally  been  made  to  the  treasury,  respecting 
vessels  admitted  to  entry,  by  virtue  of  the  act  of  5th  July,  last,  since  it  was  evident,  by  the  tenor  of  that  act,  that 
the  ultimate  disposition  of  the  caigoes  depended  on  a  future  act  of  Congress,  and  not  in  any  degree  on  the  .Secre- 
tary of  the  Treasury.  Indeed,  it  is  known,  from  report,  that  two  vessels  of  that  description  have  arrived,  of  which 
no  official  information  has  been  received. 

The  following  cases  have  been  officially  communicated,  viz: 

The  ship  "  Amiable'"  sailed  from  Philadelphia  for  the  Isle  of  France,  on  the  2-3d  of  December,  1810;  arrived  to 
that  place  subsequent  to  its  capture  by  the  British,  and  returned  to  Philadelphia  in  August,  1811,  with  a  cargo,  the 
produce  of  that  Island.  On  application  to  the  treasury  for  a  remission,  it  being  certified  by  the  district  judge 
that  the  capture  of  the  Isle  of  Fiance  by  the  British,  which  took  place  early  in  December,  1810,  was  not  known  at 
Philadelphia  till  the  2d  of  April,  1811,  the  forfeiture  was  unconditionally  remitted. 

The  ship  "  Lark"  also  sailed  for  Isle  of  France  on  the  3d  of  .lanuary,  1811;  arrived  there,  and  returned  to  Phila- 
delphia a  few  days  after,  and  under  the  same  circumstances  as  the  ship  "  Amiable,"  with  the  exception  of  her  hav- 
ing brought  a  small  parcel  of  merchandise,  presumed  to  be  manufactures  of  British  India,  and  which  had  been 
originally  shipped,  at  Isle  of  France,  on  board  of  anotlier  vessel,  bound  to  Philadelphia,  as  early  as  October,  1810,  but 
was  detained  in  port  by  reason  ot  the  attack  and  capture  of  the  Island  by  the  British.  On  application  to  the  trea- 
sury for  a  remission,  the  forfeiture  was  unconditionally  remitted,  "  except  so  far  as  relates  to  any  articles  of  the 
protluce  or  manufacture  of  any  British  possessions,  other  than  the  Isle  of  France,  which  may  have  been  imported 
in  the  said  vessel,  the  decision,  in  relation  to  such  articles,  being  for  the  present  suspended."  It  is  not  known 
whether  that  merchandise  has  been  condemned,  as  there  was  some  doubt  as  to  the  place  where  manufactured;  but, 
if  condemned,  a  remission  will  probably  be  granted,  on  terms  at  least  as  favorable  as  in  the  case  of  the  "  South  Ca- 
rolina," hereafter  mentioned. 

The  brig  "  South  Carolina"  sailed  from  Philadelphia  for  Calcutta,  on  the  2(Jth  of  December,  1810,  with  about 
23,000  dollars  on  board,  stated  to  have  been  shipped  lor  the  purpose  of  covering  the  expenses  of  the  voyage,  in  case 
of  a  disappointment  in  the  object  of  the  said  voyage,  which  was  undertaken  in  order  to  bring  from  Calcutta  the 
proceeds  of  funds,  wholly  belonging  to  citizens  of  the  United  States,  and  which  were  in  British  India  prior  to  the 
President's  proclamation  of  the  2d  of  November,  1810.  The  vessel,  with  a  return  cargo,  (purchased  with  the  said 
funds  and  outward  cargo)  sailed  from  Calcutta  in  October,  1811,  bound  to  Philadelphia.  The  owners  ex|)ecfing 
the  vessel,  and  finding  the  non-importation  act  still  in  force,  employed  pilots  in  the  bay  of  Delaware,  for  the  pur- 
pose of  warning  the  vessel  not  to  enter  into  the  waters  of  the  United  States;  but  the  vessel  was  conipelled,  by 
stress  of  water,  to  enter  the  port  of  Charleston,  (where  she  arrived  on  the  27th  of  January,  1812)  instead  of  pro- 
ceeding to  Philadelphia.  On  application  to  the  treasury  for  a  remission,  and  the  abovementioned  tacts  being  proven, 
to  the  satisfaction  of  the  district  judge,  and  stated  by  him  to  be  correct  and  true,  the  forfeitures  were  remitted,  on 
condition  "  that,  from  the  proceeds  of  sale  of  the  cargo,  the  costs  and  double  duties,  as  fixed  by  the  act  of  1st  July. 
1812,  should  be  deducted;  that  the  residue,  if  not  exceeding  the  prime  cost,  freight,  ami  charges,  of  said  cargo, 
should  be  returned  to  the  owners;  but,  in  case  of  excess,  so  much  only  of  the  said  residue  as  would  be  equal  to  tlie 
said  prime  cost,  freight,  and  charges,  should  be  returned  to  the  owners;  and  that  the  balance,  or  surplus,  should  be 
divideil  in  the  same  manner  as  the  forfeiture  would  have  been.  The  result  of  the  sales  is  not  known  at  the  trea- 
sury; but  there  is  reason  to  believe  that  they  have  not  produced  any  surplus,  and  that  the  eifects  of  tiie  decision 
have  mdy  been  the  payment  of  double  duties,  and,  in  every  other  respect,  an  unqualified  remission  of  the  forfeitures. 

The  "brig  "Ellen  Maria"  sailed  on  the  10th  ol  January,  1812,  from  Providence  for  the  Isle  of  France,  then  a 
British  colony,  and  thence  bound,  as  is  stated,  for  Smyrna.  On  her  return  voyage,  and  being  informed  at  sea  of 
the  declaration  of  war,  she  proceeded  to  Boston,  where  she  arrived  prior  to  the  16th  of  September,  1812.  No  bond 
having  been  required  at  the  Isle  of  France  to  land  the  cargo  in  the  United  States,  the  vessel  is  not  embraced  by  the 
provisions  of  the  act  of  5th  July  last.  The  owners,  from  whom  this  statement  of  tacts  is  obtained,  have  been  in- 
formed that  the  Secretary  of  the  Treasury  had  no  authority  to  grant  relief,  except  in  the  manner  prescribed  by  law, 
viz:  on  application  for  remission,  presented  through  the  district  judge,  on  whose  statement  of  facts,  alone,  the 
Secretary  of  the  Treasury  could  take  the  subject  into  consideration.     No  application  has,  as  yet.  been  received. 

The  brig  '"Aurora"  sailed  in  July,  1809,  from  New  York,  being  clearecl  for  Brazil  alone,  but  with  instructions 
to  the  captain  to  proceed  thence  to  the  South  sea,  and  ultimately  to  Canton  or  Manilla.  The  vessel  not  being 
clearetl  for  a  port  beyond  the  Cape  of  Good  Hope,  is  not  embraced  within  the  exception  made  in  favor  of  such  ves- 
sels by  the  act  of  2d  March,  1811.  The  Aurora,  alter  a  long  and  circuitous  voyage,  arrived  at  Calcutta  in  Septem- 
ber, 1811.  She  was  chartered  there  on  the  2t;th  of  December  following,  by  citizens  of  the  United  States,  who  had 
knowledge  of  the  non-importation  act,  but  who  seem  to  have  presumed  that  the  vessel,  having  sailed  from  the  United 
States  prior  to  the  10th  of  November,  1810,  would,  by  virtue  of  the  provisions  of  the  act  of  2d  March,  1811,  be 
permitted  to  bring  a  return  cargo  from  British  India.  The  same  citizens  purchased,  at  Calcutta,  and  shipped  on 
board  of  the  Aurora,  a  cargo  of  India  goods;  and,  to  accomplish  the  purchase,  borrowed  the  necessary  sum  from  a 
British  house  in  that  place.  The  policies  of  insurance  were  pledged  to  the  lenders;  and,  by  the  terms  of  the  agree- 
ment, the  cargo  was,  in  fact,  on  their  risk,  whilst  at  sea;  but,  from  its  arrival  into  the  United  States,  the  merchan- 


1812.]  ASSAYS    OF    FOREIGN    COINS.  597 

disc  was  at  the  risk,  and  on  account,  of  the  American  shippers,  who  are  bound  for  the  amount  borrowed.  The 
Aurora  arrived  at  Philadelphia  on  the  IGtli  of  June,  181'2,  and  an  application  has  been  made  to  the  treasury  for  a 
remission.  No  decision  has  taken  place;  but  the  owners  of  the  cargo  have  been  verbally  informed  that  the  voyage 
from  Calcutta,  having  been  undertaken  by  tiiem  with  a  knowledge  of  the  non-importation  act,  ami  without  even 
the  plea  of  having  funds  in  India,  which  they  wanted  to  bring  to  the  United  States,  flie  transaction  appeared,  on 
their  part,  in  the  lidit  of  a  direct  and  voluntary  infraction  of  the  law.  As  the  cargo  had  n(jt.  however,  been  landed 
when  the  act  of  oth  July  passed,  and  as  that  act,  without  reference  to  the  time  of  arrival,  or  to  any  of  the  circum 
stances  of  the  voyage,  admits  to  entry  all  American  vessels  previously  laden  in  India,  for  the  "landing  of  whose 
cargoes,  in  the  United  States,  bond  hail  been  given,  it  appears  that  the  Aurora  is  entitled  to  the  benefits  of  that 
act;  and  it  is  believed  that  the  owners  of  the  cargo  have  availed  themselves  of  its  provisions,  and  that  the  cargo 
has  been  accoi;dingly  entered,  and  remains  subject  to  the  disposition  of  Congress.  With  respect  to  the  vessul,  a 
remission  will,  if  necessary,  be  granted  by  the  treasury,  the  owners  having  had  no  concern  in,  or  control  over,  the 
illegal  part  of  her  employment. 

The  ship  "  American  Hero*'  sailed  on  the  17th  January,  1811,  from  Boston.  The  master  sold  her  cargo  at  the 
Cape  of  Good  Hope  and  the  Isle  of  France:  and  having  taken  in  payment,  bills  of  exchange  on  Madras  and  Cal- 
cutta, proceeded  there  and  i)uichased  a  cargo,  for  the  landing  of  wliicli,  in  the  United  States,  bond  was  given.  In 
conformity  with  orders  from  the  owners,  he  thence  went  to  Brazil,  where  he  was  not  ])ermitted  to  sell  his  cargo; 
and,  after  having  waited  several  months,  hearing  of  the  last  .\merican  embargo,  and  apprehending  war,  he  left  Bra 
zil,  and  brought  the  vessel  and  cargo  to  Providence,  where  she  arrived  prior  to  September  last. 

The  •'  Atalanta''  arrived,  prior  to  the  8th  of  November  last,  in  Philailelphia,  from  Calcutta,  via  Rio  Janeiro,  with 
a  valuable  cargo.     The  circumstances  of  the  voyage  have  not  been  communicated  to  the  treasury. 

The  two  last  cases  being  clearly  emijraced  by  the  act  of  5th  July,  181'2,  the  parties  have  been  informed  that  the 
cargoes  must  necessarily  remain  subject  to  the  disposition  of  Congress,  and  that  the  Secretary  of  the  Treasury  had 
no  power  to  interfere. 

Another  case  has  been  mentioned,  which,  although  no  importation  has  taken  place,  ought,  perhaps,  to  be  stilted. 

The  brig  "  Daphiie"  sailed  from  Philadelphia,  for  Calcutta,  in  the  Spring  oi  1811.  According  to  orders,  and 
in  order  not  to  infringe  the  law,  the  vessel,  with  her  return  cargo,  proceeded  to  St.  Bartholmew's.  Being  there 
when  the  declaration  of  war  between  the  United  States  and  Great  Britain  took  place,  and  the  act  of  .5th  July  last 
not  being  known,  the  cargo  was  landed,  and  the  vessel  discharged.  By  the  provisions  of  the  said  act.  the  cargo 
is  not  admissible  to  entry,  unless  brought  in  the  vessel  on  board  of  which  it  was  laden  in  India;  and  the  owners, 
who  cannot  now  import  it  legally,  are  placed  in  a  worse  situation  than  those  who  have  infiiiiged  the  law. 
I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 

Hon.  Lan'gdon  Cheves,  Chairman  of  the  Commitlee  of  Tf'ays  and  Means. 


Extract  from  a  regulation  for  the  conduct  of  the  trade  of  foreign  nations,  with  the  ports  and  settlements  of 
the  British  nation,  in  the  East  Indies,  and  for  defining  the  duties  to  which  such  trade  shall  be  subject  at  such 
of  the  said  ports  and  settlements  as  are  immediately  dependent  on  the  Presidency  of  Fort  Jfilliam.  Passed 
by  the  Vice  President,  in  Council,  on  the  30th  Jipril,  1811. 

Art.  3. — First.  Foreign  European  ships,  belonging  to  countries  having  no  establishment  in  the  East  Indies,  and 
ships  belonging  to  the  United  States  of  America,  may,  (when  those  countries  and  States,  respectively,  are  in  amity 
with  his  majesty)  in  like  nianner,  [as  in  article  '3  is  granted  to  the  ships  of  nations  having  settlements  in  the  East 
Indies]  freely  enter  the  British  sea  ports  and  harbors  in  the  East  Indies;  thev  shall  be  hospitably  received  tiiere; 
and  have  free  liberty  to  trade  in  imports  and  exports,  conformably  to  the  regulations  of  the  place;  provided,  always, 
that  they  proceed  from  their  own  ports  direct  to  the  said  British  territories,  without  touching  at  any  port  or  place, 
whatever,  on  the  voyage  out,  except  front  necessity,  and  merely  to  procure  refreshments  or  repairs,  in  case  of 
distress  or  accidents  m  the  course  of  such  voyage,  the  burthen  of  the  proof  of  w  hich  necessitv  to  rest  upon  the  parties. 

Second.  The  vessels  of  the  said  European  Powers,  last  aforesaid,  and  of  the  United  States,  shall  not  carry 
any  of  the  articles  exported  by  them  from  said  British  territories,  to  any  port  or  place,  except  to  some  port  or  place 
in  their  own  countries,  respectively,  where  the  same  shall  be  unladen.  The  said  ships  shall  not  be  cleared  to  carry 
on  the  coasting  trade  in  India;  but  vessels  going  with  their  original  cargoes,  or  part  thereof,  from  one  British  ])ort 
of  discharge  to  another  British  port,  are  not  be  considered  as  carrying  on  the  coasting  trade. 

Third.  The  said  vessels  shall  not  be  allowed  to  proceed  either  with  or  without  return  cargo  from  the  said  British 
territories  to  the  settlements  or  factories  of  any  foreign  European  nation  in  India,  or  to  the  territory  of  any  Indian 
or  Chinese  potentate  or  power,  except  from  the  like  necessity  as  is  before  described,  of  which  the  proof  shall  rest 
with  them.  Nor  shall  the  said  vessels  be  allowed  to  enter  the  river  in  that  part  of  the  British  territory  situated  in 
Beiigal,  for  any  other  purpose  thaii  that  of  proceeding  to  the  port  of  Calcutta  for  trade,  refreshment,  or  repairs. 

Fourth.  In  clearing  out  for  their  respective  countries,  the  clearance  shall  be  a  direct  one  to  the  country,  Euro- 
pean or  American,  to  which  the  vessel  belongs,  and  to  no  other,  whatever;  they  are  to  give  bond,  with  the  security 
of  a  resident  in  the  country,  that  they  will  deliver  the  cargo  at  the  port  for  which  the  clearance  is  made,  and  such 
bond  is  to  be  cancelled  when  a  certificate  iiom  a  British  consul,  or  two  known  British  merchants,  resident  at  sucii 
port,  is  produced,  of  the  buna  fide  delivery  of  the  cargo  there. 


12th  CoxGRESS.]  No.  384.  [2d  Session. 

ASSAYS   OF   FOREIGN   COINS. 

CO.MMUMCATED   TO   THE    SENATE,    ON    THE    31sT    DECEMBER,    1812. 

T^REASURY  Department,  December  28,  1812. 
Sir:  .     ,         .  ,       , 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Director  of  the  Mint,  containing  the  result  of  the  as- 
says of  foreign  gold  and  silver  coins,  made  in  pursuance  of  the  act  of  the  10th  of  April,  1806,  entitled  "An  act  re- 
gulating the  currency  of  foreign  coins  in  the  United  States." 

I  have  the  honor  to  be,  respectfully,  sir.  vour  obedient  servant, 

ALBERT  GALLATIN. 
The  honorable  the  President  of  the  Senate. 
76  tt 


398 


FINANCE. 


[1813. 


Sir: 


Mint  of  the  United  States,  December  21,  1812. 


Agreeably  to  your  directions,  of  the  7th  instant,  I  have  caused  assays  to  be  made  of  the  several  species  of  fo- 
reign gold  and  silver  coins,  made  current  by  an  act  of  Congress,  of  the  16th  of  April,  1806,  the  result  of  which, 
according  to  the  Assayer's  report,  is  as  follows: 


No.  1, 
2, 
3, 
4, 
5, 


Gold  coins  of  Great  Britain. 


1806, 


No. 


made  of  5  pieces  of  different  dates 

prior  to 

1 

5    do. 

dated 

- 

- 

-     1806, 

5     do. 

dated 

- 

_ 

-     1808, 

6    do. 

dated 

- 

- 

1809, 

5     do. 

dated 

Gold 

-     1810, 
coins  of 

made  of  5  pieces 

of  different  dates 

prior  to 

1806, 

"         4      do. 

dated 

- 

- 

-     1806, 

*'          4      do. 

dated 

_ 

_ 

-     1807, 

"          4      do. 

dated 

- 

. 

-     1808, 

"          1       do. 

dated 

. 

- 

-      1809, 

"          4       do. 

dated 

- 

- 

-     1810, 

1       do. 

dated 

- 

-     1811. 

C.grs. 
22  0 
22  0 
22  0 
22  0 
22     0 


21     2^^ 
21     2J 
21     24 


1       do.  dated  [Napoleon  Emperor]1811, 


Gold  coins  of  Spain. 


No.  1,  made  of  5  pieces  of  different  dates  prior  to 

2,  " 

3,  " 

4,  " 

5,  " 

6,  " 

7,  " 


do. 
do. 
do. 
do. 
do. 
do. 
do. 


dated 
dated 
dated 
dated 
dated 
dated 


1806, 
1806, 
1807, 
1808, 
1809, 
1810, 
1811. 


21 
21 
21 
21 
21 


20 
20 
20 


20  3^ 

20  3 

20  3 

20  3| 


21 

2d      ^ 
2|J  < 


3 

o 
IN 


C  bO 

I      03 


dated  [Joseph  Napoleon]  1809, 


20     3dJ 


Gold  coins  of  Portugal. 

No.  1 ,  made  of  5  pieces  of  different  dates  prior  to  1806,    - 

■  -  -  -     1806,     - 


2, 
3, 
4, 
6, 
6, 
7, 


5 
t 

2 
5 
5 
5 


do. 
do. 
do. 
do. 
do. 
do. 


dated 
dated 
dated 
dated 
dated 
dated 


-  1807,  - 

-  1808,  - 

-  1809,  - 

-  1810,  - 

-  1811,  - 

Silver  coins  of  France. 


No.  1,  made  of  4  pieces  of  different  dates,  [crowns] 
2,       "         4  pieces  of  different  dates,  [five  francs] 


22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

Oz. 

dwt. 

grt. 

10 

18 

6 

10 

16 

0 

10 

15 

12^ 

1  ..»- 

10 

15 

12 

CD 

10 

15 

00 

10 

15 

00V.O 

10 

15 

12 

^ 

10 

15 

12 

11 

> 

10 

15 

12. 

< 

Silver  coins  of  Spain. 

No.  I,  made  of  5  pieces  of  different  dates  prior  to  1806,  .  -  .  . 

2,  "  5  do.  dated  -  -  -  1806,  .  -  .  . 

3,  "  5  do.  dated  -  -  -  1807,  .  -  -  . 

4,  "  5  do.  dated  -  -  -  1808,  -  -  -  . 

5,  "  5  do.  dated  -  -  -  1809,  -  .  .  . 

6,  "  5  do.  dated  -  -  -  1810,  -  -  .  . 

7,  "  5  do.  dated  -  -  -  1811,  .  .  ..  , 

From  the  foregoing  report  of  the  Assayer,  it  will  appear — 

1.  That  the  gold  coins  of  Great  Britain  and  Portugal  are  all  uniformly  of  the  same  quality,  and  exactly  the  same 
with  the  gold  coins  of  the  United  States,  and  hence  their  intrinsic  value  is  at  the  rate  of  100  cents  for  27  grains,  or 
88|  cents  per  pennyweight. 

2.  That  the  gold  coins  of  France  are  also  very  nearly  of  a  uniform  quality,  and  their  intrinsic  value,  at  the  rate  of 
100  cents  for  27/;, y  grains,  or  S7j%%  cents  per  pennyweight. 

3.  That  the  gold  coins  of  Spain  are  somewhat  variable  in  their  quality,  the  average  (20  35^)  will  give  their  value  at 
the  rate  of  100  cents  for   28fV'n  grs.  or  84yVTT  cents  per  dwt. 

4.  That  the  intrinsic  value  of  the  French  crown,  supposing  its  weight  18  dwts.  17  grs.  is  109f/j  cents;  and  that  of 
the  five  franc  piece,  susposing  its  weight  16  dwts.  2  grs.=93f5V  cents. 

5.  That  the  intrinsic  value  of  the  Spanish  dollar,  supposing  it  of  the  full  weight  of  17  dwts.  7  grs.  is  100fj\  cents. 
It  may,  however,  be  observed  that  both  the  French  crown  and  Spanish  dollar  will  most  frequently  fall  short  of  the 
above  weights. 

I  have  the  honor  to  be,  your  most  obedient  faithful  servant, 

R.  PATTERSON. 

The  Honorable  Albert  Gallatin,  Secretary  of  fhc  Treasury. 


1815.] 


THE   MINT. 


599 


12th  Congress.] 


No.  385. 


[2d  Session. 


MINT. 

COiraUNICATKD  TO  THE  SKNATE,   JANUARY    4,    1813. 

To  the  Senale  and  House  of  tiepresentalives  of  the   United  Stales: 

I  lay  before  Congress,  for  their  information,  a  report  of  the  Director  of  the  Mint. 


January  ilh,  1813. 


JAMES  MADISON. 


Sir: 


Mint  of  the  United  States,  January  \sf,  1813. 


I  have  the  honor  of  laying  before  you  a  report  of  the  operations  of  the  mint  for  (he  last 
the  statement  of  the  treasurer,  herewith  transmitted,  it  will  appear,  that,  during  the  above 
struck  at  the  mint, 

In  gold  coins,  58,087  pieces,  amounting  to  $290,435. 
In  silver  coins  1,628,059  pieces,  amounting  to  $814,029  50 
In  copper  coins,  1,075,500  pieces,  amounting  to  $10,755. 

Making,  in  the  whole,  two  millions  seven  hundred  and  sixty-one  thousand  si.x  hundred 
coin,  amounting  to  one  million  one  hundred  and  fifteen  thousand  two  hundred  and  nineteen 
The  supply  of  gold  and  silver  bullion  still  continues  to  be  abundant — the  deposites  for 
our  vaults,  amounting  to  upwards  of  half  a  million  of  dollars. 

I  have  the  honor  to  be,  sir,  with  the  greatest  respect,  your  faithful  servant, 

James  Madison,  President  of  the  United  Stales. 


twelve  months.     From 
period,  there  have  been 


and  forty-six  pieces  of 
dollars  and  fifty  cents, 
coinage,  at  this  time  in 


R.  PATTERSON. 


^  statement  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  1st  of  January  to  the  3lst  December, 

1812,  inclusivi^,  viz: 


GOLD    COINS. 

Amount  in  dol- 
lars. 

Half  Eagles. 

Total. 

Quarter  ending  31st  March,  1812,       -               -               -               . 
Do.          30th  June,     ----- 
Do.          30th  September,          .               -               -               . 
Do.          31st  December,           -               -               -               _ 

16,983 

22,152 

8,406 

10,546 

$84,915 

110,760 

42,030 

52,730 

58,087  pieces  of  gold  coins,             -               .               .               . 

58,087 

Total  amount  of  gold  coins,     - 

- 

$290,435  00 

5,545 

2,430 

2,780 

coppsn  COINS. 

Cents. 

Quarter  ending  30th  June,  1812,          .... 
Do.          30th  September,          .... 
Do.          31st  December,           .               .               .               . 



554.500 
243,000 

278,000 

1,075,500  pieces  of  copper  coins,    -               -               -               - 

1,075,500 

Total  amount  of  copper  coins, 

- 

10,755  00 

196,809 
198.510 

218,863 
199,847  50 

SILVKH    COfNS. 

Half  Dollars. 

Quarter  ending  31st  March,  1812,        -                -                .                - 
Do.          30th  June,    -               -               -               .               . 
Do.          30th  September,          -               -               -               . 
Do.          31st  December,            -               -               -               . 

393,618 
397,020 
437,726 
399,695 

1,628,059  pieces  of  silver  coins,     -               -               .               - 

1.628,059 

Total  amount  of  silver  coins. 

- 

814,029  50 

unt  of  the  coins 

in  1812, 

Whole  number,  2,761,646  pieces  of  all  the  coins.                    .\mo 

$1,11.5,219  50 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  31s/  December,  1812. 

BENJAMIN  RUSH. 


600 


FINANCE. 


[1813. 


Jin  abstract  of  the  ordinary  expenses  of  the  Mint  of  the  United  States,  from  Isi  January  to  2lst  December,  1812 , 

inclusive,  viz. 


'"■,  ' 

Salaries. 

Wages. 

Incidental. 

Total. 

Quarter  ending  31st  March,  1812, 

Do.          30th  June,        .               .               -               . 
Do.          30th  September, 
Do.          31st  December, 

$2,525  00 
2,525  00 
2,525  00 
2,525  00 

$1,910  49 
1,933  48 
1,952  26 
1,865  62 

$482  54 
696  72 
373  69 
994  56 

$4,918  03 
5,155  20 
4,850  95 
5,385   18 

Amount,    - 

$10,100  00 

$7,661   85 

$2,547  51 

$20,309  36 

Mint  of  the  United  States,  Trectsitrer''s  Office,  Philadelphia,  "ilst  December,  1812. 

BENJAMIN  RUSH. 


12th  Congress.] 


No.  386. 


[2d  Session. 


TREASURY   NOTES.    ■  — " 

COMMUNICATED    TO     THE    SENATE,    JANUARY    23,     1813. 

To  the  Senate  of  the  United  States: 


I  transmit  to  the  Senate  a  report  of  the  Secretary  of  the  Treasury,  complying  with  their  resolution  of  the  20th 

JAMES  MADISON. 


"^    instant. 

January  23d,  1813 


Treasury  Department,  January  22d,  1813. 


The  Secretary  of  the  Treasury  respectfully  submits  the  enclosed  statements,  prepared  in  conformity  with  the 
resolution  of  the  Senate  of  20th  instant. 

For  all  the  treasury  notes  wiiich  have  been  disposed  of,  credit  has  been  given,  by  the  respective  banks,  to  the 
Treasurer  of  the  United  States,  on  the  days  from  which  such  notes,  respectively,  were  dated,  and  commenced  to 
bear  interest. 

i  '     y  .'  .  Respectfully  submitted . 

ALBERT  GALLATIN. 
The  President  of  the  United  States. 


l:  :ii  t  li^' 


r.-    (■; 


.../ 


1813.] 


TREASURY  NOTES. 


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602  FINANCE.  [1813. 


12thCoNGRF.as.]  JVo.    387.  [2d  Session. 


PROTECTION  TO  MANUFACTURES. 

COMMUNICATED  TO  THE  HOUSE  OF    REPRESENTATIVES,  FEBRUARY    6,  1813. 

Washington,  February  G,  1813. 
Siu: 

The  object  of  my  petition  is  to  obtain  a  duty  on  the  importation  of  all  cupper  which  shall  have  been  manufac- 
tured into  sheets  or  bolts.  It  is  not  with  nie  an  object,  at  present,  to  have  a  duty  laid  on  copper  wire;  but  I  con- 
ceive tliere  is,  at  least,  every  reason  in  favor  of  a  duty  on  wire,  that  exists  for  a  duty  on  sheets  or  bolts.  At  the 
pame  time  that  a  duty  is  asked  on  copper  so  manufactured,  I  would  suggest  the  leaving  of  copper,  in  a  crude  state, 
to  be  free  from  duty. 

Tiie  materials  which  5  have  manufactured,  have  been  copper  in  an  unrefined  state,  which  has  been  imported  from 
the  western  coast  of  South  America,  from  Buenos  Ayres,  from  Caraccas,  from  Mexico,  by  way  of  Vera  Cruz  and 
Havana,  and  from  the  Levant.  The  quantity  to  be  obtained  from  these  places  is  ample  for  every  purpose.  The 
mines  in  this  country,  so  far  as  they  have  been  explored,  have  not  furnished  sufficient  assurance  tliat  a  supply  can 
be  obtained  from  them.  But,  were  the  manufacture  of  copper,  from  the  crude  state,  more  general  in  practice,  the 
increased  facilities  would,  probably,  occasion  tlie  known  mines  to  be  wrouglit. 

I  ilo  not  know,  with  any  degree  of  certainty,  what  quantity  of  copper,  in  all  its  forms,  is  consumed  in  this  coun-, 
try:  perhaps  I  am  not  i-AV  from  the  amount  when  I  say,  five  hundred  tons,  annually. 

I  understand,  from  Mr.  Revere,  tliat  he  can  manufacture,  taking  the  material  in  a  crude  state,  from  one  to  two 
hundred  tons.  I  can  manufacture,  with  tiiy  works,  in  their  present  state,  one  hundred  tons,  annually;  and  I  can, 
if  I  consider  the  business  as  affording  sufficient  encouragement,  construct  them  so  as  to  double  that  quantity.  Mr. 
Livingston,  I  suppose,  can  effect  as  much  as  either  Mr.  Revere  or  myself. 

Considering  the  progress  of  these  works,  and  that  laying  a  duty  will  produce  others,  probably,  I  cannot  doubt 
that  works  in  tliis  country  will,  at  no  distant  period,  be  constructed  to  refine  and  manufacture  as  much  copper  as 
can  be  consumed  in  the  United  States. 

With  regard  to  a  duty  on  crude  copper,  it  may  be  a  question  whether  tlie  object  of  revenue,  or  encouragement 
to  the  infant  manufacture,  should  preponderate.  If,  for  the  sake  of  revenue,  a  duty  ought  to  be  laid,  I  would  con- 
ceive every  doubt  must  be  extinguished  as  to  the  policy  of  laying  a  duty  on  the  material,  in  a  higher  state  of  manu- 
facture. But,  considering  the  uncertainty  of  an  early  resource  in  our  own  mines,  and  the  assistance  which  manu  ■ 
factures  require,  in  order  to  prosper  in  their  first  introduction  into  the  country,  I  trust  it  will  be  judged  good  policy 
to  extend  to  those  now  rising,  the  advantage  of  having  the  crude  material  exempt  from  duty. 

When  the  mines  of  this  country  afford  an  expectation  that  they  will  be  adequate  to  our  wants,  it  may  then  be- 
come a  question,  whether  the  crude  copper  from  Spanish  America  and  the  Levant  may  also  be  included  amongst 
articles  paying  a  duty. 

I  have  not  here  the  means  of  showing,  and  I  cannot  state,  with  absolute  assurance  of  the  fact,  that  a  considerable 
quantity  of  the  copper  from  Soutli  America  has  been  usually  manufactured  in  Great  Britain.  In  former  times,  the 
most  of  that  copper  went  to  Cadi'/,;  and,  I  believe,  a  considerable  portion  found  its  way  to  England.  I  have  not 
thought  it  necessary  to  inquire  particularly  into  this  subject;  but  I  believe,  from  such  loose  information  as  1  have, 
that  the  quantity  which  has  gone  usually  to  England  was  considerable. 

Of  late  years,  considerable  quantities  have  been  brought  to  this  country,  which,  there  being  but  very  limited 
means  of  working  here,  have  been  shipped  to  Europe  and  to  Canton,  and  I  believe  to  soma  other  places  beyond  the 
Cape  of  Good  Hope. 

it  may  be  a  question,  whether,  ctmtemplating  a  duty,  there  should  be  a  distinction  between  brazier's  copper  and 
sheathing  copper  and  bolts.  Sheathing  copper  and  bolts  being  used  for  ship-building,  I  conceive  to  stand  on  the 
same  footing,  and  I  would  suppose  the  same  policy  wliich  requires  a  duty  on  sail-cloth,  hemp,  cordage,  and  every 
other  imported  article  necessary  in  constructing  and  fitting  out  a  ship,  will  apply  to  copper.  It  need  not  be  feared 
that  this  duty  will  depress,  in  any  degree  worthy  of  consideration,  tiie  shipping  interest.  The  tonnage  duty,  and 
the  duty  on  the  articles  mentioned,  I  consider  equally  objectionable.  And  here  I  would  submit  to  the  consideration 
of  the  committee,  the  object  of  having  works  which  may,  by  their  stock  of  copper  in  its  various  stages,  necessarily 
on  hand,  together  with  apparatus  and  skilful  workmen,  not  less  important,  afford  a  supply  of  this  article  indispensa- 
ble in  time  of  wai',  when  we  may  not  have  tlie  means  of  importing  it. 

The  duty  on  sheathing  copper  may.  in  some  degree,  cause  ships  to  be  coppered  in  England,  which,  otherwise, 
would  be  coppered  in  this  country.  But  this  objection  1  set  down  as  of  little  avail:  for,  if  the  copper  is  to  be  free 
of  duty,  whether  in  the  hold  or  on  the  bottom  of  the  vessel,  the  only  advantage  from  bringing  it  in  the  vessel  is,  that 
our  shipwrights  will  have  the  employment  of  fastening  it  on  the  »  essel  when  it  may  arrive. 

With  regard  to  the  duty  on  brazier-s  copper,  it  is  to  be  considered  that  but  an  inconsiderable  portion  of  brazier's 
copper  is  used  for  any  other  purpose  than  that  of  making  stills.  The  duty  on  that  copper  amounts  to  little  else  than 
a  tax  on  distillation. 

1  say,  confidently,  that  the  braziers  cannot  suffer  any  thing  of  importance  by  a  duty  on  brazier's  copper. 

The  duly  on  brazier's  copper  will  not  give  British  braziers  such  an  advantage  as  to  enable  them  to  compete  with 
our  braziers  in  making  stills  and  other  vessels,  to  be  used  in  this  country.  The  increased  freight  of  hollow  ware  is 
greatly  against  the  British  brazier.  The  variety  in  the  capacity,  form,  and  weight  of  stills,  and  other  vessels  used 
here,  would  oblige  the  importers  of  such  wares,  from  Fngland,  to  import  a  great  portion  of  unsaleable  vessels. 

The  fact  is,  that,  in  this  country,  the  stills  are  generally  made  in  the  towns  adjacent  to  the  respective  distilleries, 
that  the  vessels  may  be  adapted  to  the  wants,  to  the  circumstances,  anil  to  the  caprice  of  the  respective  distillers; 
and  if  a  large  quantity  of  stills,  of  any  given  form,  capacity,  or  weight,  or  any  assortment  that  could  be  preconceived, 
were  imported,  a  great  portion  would,  in  general,  be  without  purchasers.  From  the  knowledge  I  have  already 
acquired  on  the  subject.  I  consider  a  tailor  as  having  as  much  reason  to  fear  that  a  duty  on  cloth  will  cause  ready- 
made  clothes  to  be  imported  from  England,  as  that  the  braziers  in  this  country  have  any  thing  to  fear  from  this  duty. 

I  have  stated  that,  with  my  present  works,  I  can  manufacture  one  hundred  tons  annually.  I  am  not  here  pre- 
pared with  testimony  of  this  fact,  but  I  will,  if  required,  produce  evidence  which  shall  be  satisfactory.  The  quality 
I  state  to  be  excelled  by  none. 

I  have  now  on  hand,  about  one  hundred  and  seventy  tons  of  crude  copper.  Should  importations  from  England 
be  free  in  a  shoit  space  of  time,  and  no  duty  be  laid,  an  inundation  of  sheet  copper  may  force  me  to  seek  a  foreign 
market  instead  of  having  it  manufactured,  as,  in  that  case,  I  might  not  choose  to  contest  with  the  British  manufac- 
tures, which  have  been  centuries  in  progressive  improvement,  and  which  have  attained  to  such  great  perfection. 

I  am,  sir,  your  obedient  servant, 

LEVI  HOLLINGSWORTH. 

The  Honorable  Thomas  Newton, 

Chairman  of  the  Committee  qf  Commerce  and  Manufactures. 


1813.]  THE   SINKING   FUND.  603 


Washington,  February  6,  1813. 
Sir: 

The  manufactory  which  I  am  interested  in  is  capable,  on  it>;  present  establishment,  t;)  finisli,  with  one  set 
of  workmen,  three  tons  of  copper  in  a  week,  without  any  extension  of  irnrks;  by  employing  two  sets  of  workmen, 
we  could  nearly  double  (iiat  quantify. 

in  J  he  year  1800  or  1801,  we  had  acoatract  with  the  Navy  Depart  men(.  for  a  (|uantity  of  bolts,  sheets,  &c.,  to  the 
best  of  my  recollection  about  ;i50,000  lbs.  which  we  delivered  in  two  years,  without  interferirii;  with  our  ordinary 
business.  From  the  best  information  I  have  obtained,  there  was  imported,  the  last  yeai-,  frotn  F^n^laiul,  into  the 
United  States,  short  of  five  huiuired  tons  of  copper;  this  I  consider  to  be  an  urnisual  quantity,  as  tin'  market  had 
been  nearly  drained,  I'rom  the  operati(in  of  the  non-intercourse  and  nun-importation  laws,  anti  many  persons,  who  had 
funds  in  England,  order«>d  ciipjier  to  be  shi|>peJ,  wiio  have  not  heretofore  been  inipoiters  of  that  article:  allowing, 
then,  for  argument,  for  it  is  impossible  to  be  accurate  without  recurring  to  documents,  that  four  hundred  tons  are 
wanted  annually,  Mr.  JloUingsworth  can  manufactuie  one  hundred  tons,  Mr.  Tiivingston  one  hundietl,  and  our 
establishment  one  hundred  and  fifty  tons.  There  cannot  a  doubt  exist  but  each  of  us  could  double  the  quantity,  pro- 
vided the  Government  should  protect  us  by  laying  a  duty,  and,  noiloubt,  other  manufactories  would  be  established. 

We  depend,  for  the  raw  material,  from  abroad,  viz:  from  Smyrna,  Sweden,  aiul  South  .\meriea. 

Crude  copper  being  an  article  of  export  from  those  places,  particularly  Smyrna  and  Soutli  America,  whenever 
the  merchant  can  be  assured  of  not  sustaiiiing  a  loss,  he  makes  his  remittance  in  copper,  as,  there  being  no  freight,  the 
copper  answering  for  ballast;  therefore,  in  time  of  peace,  we  are  sure  of  a  sufficient  .supply,  and  should  we  be 
engaged  in  a  long  war,  without  doul)t  some  of  the  mines  in  our  country  would  be  explored. 

Notwithstanding  the  large  quantity  of  copper  raised  in  England,  crude  copper  is  always  admitted  when  imported 
direct  from  the  place  of  its  origin. 

When  our  revenue  laws,  regulating  the  duty  on  co[)per,  were  made,  c^ipjier  was  not  used  in  this  country  for 
building  of  vessels;  in  fact,  at  that  time,  it  was  only  partially  used  in  Europe,  it  has  since  become  general,  both  in 
Europe  and  this  country;  the  law.  therefore,  could  not  provide  for  this  article,  otherwise  it  would,  without  doubt,  as 
almost  every  article  used  in  building  and  equipping  vessels  are  subject  to  duty,  ^ay,  cordage,  dieck,  s/iea/Iiing paper, 
andnails,  ^-c.  The  law  says,  "  copper  in  plates,  pigs,  and  bars,  free;"  but  it  provides  for  all  copper  manufactures  pay- 
ing a  duty.  Under  that  section  the  collectors  demanded  a  duty  on  bolts  and  sheathing  copper;  some  importers  con- 
tended that  bolts  and  sheathing  was  plates  and  bars,  and,  by  a  decision  of  the  Supreme  Court  of  the  I'nifed  States, 
established  it  so.  When  our  works  were  erected,  bolls,  pai'ticularly,  were  subject  to  duty,  and  the  report  of  the  com- 
mittee of  Commerce  and  Manufactures,  made  on  our  petition,  showeil  that,  in  the  year  1808,  tliat  committee  was  of  the 
same  opinion.  I  have  not,  in  our  petition,  requested  a  duty  on  brazier's  copper,  fiom  the  opposition  which  our 
former  petition  met  with  ti'om  those  gentlemen;  although  I  have  every  reason  to  believe  that  they  (the  braziers) 
would  not  be  injured  by  a  duty,  as  brazier's  copper  has  always  been  at  an  advanced  price  of  sheathing  copper,  more 
than  the  difference  of  cost;  the  importer  is  the  only  person  who  can  be  affected,  and  he  will  only  be  obliged  to  resign 
part  of  his  profits  to  the  Government;  and,  1  have  reason  to  believe,  the  importers  were  really  the  persons  that  remon- 
strated to  our  former  petition,  although  signed  by  the  coppersmiths  and  braziers.  Our  wish,  therefore,  is,  to  have  a 
duty  that  will  protect  our  manufactories  whenever  the  intercourse  shall  be  restored  between  this  country  and  Eng- 
land. For,  whenever  that  event  takes  place,  our  manufactories  will  be  destroyed,  unless  the  Government  protect 
them  by  a  duty. 

Which  is  respectfully  submitted  by,  sir,  your  most  obedient  very  humble  servant, 

JOSEPH  W.  REVERE. 
Honorable  Thomas  Newton, 

Chairman  qftke  Commit  lee  of  Commerce  and  Manufactures. 


12th  Congress.]  JVq.  388.  [2d  Session. 


SINKING   FUND. 

COMMUNICATED   TO  THE    SENATE,    FEBRUARY    8.    1813. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board  subsequent  to  their  last  report,  of  the  5th  of  Fe- 
bruary, 1812,  so  far  as  the  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Trea- 
sury to  this  B(»ard,  dated  the  5th  day  of  the  present  month,  and  in  the  statements  therein  referred  to,  which  are 
herewith  transmitted,  and  prayed  to  be  leceived  as  part  of  this  report. 

WM.  H.  CRAWFORD,  President  of  the  Senate,  pro  tempore. 
J.  MARSHALL,  Chief  Justice  of  the  United  Slates. 
JAS.  MONROE.  Secretary  of  State. 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
Washinoton,  February  6,  1813. 

The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  of  moneys  advanced  on  account  of  the  public  debt,  remaining  unexpended  at  the 
close  of  the  year  1810,  and  applicable  to  payments  tailing  due  after  that  year,  which  balance,  as 
appears  by  the  statement  B,  annexed  to  the  last  annual  report,  amounted  to  fi)ur  hundred  and 
nniety-three  thousand  one  hundred  and  seventy-four  dollars  seventeen  cents,       -  -  -       8493,174  17 

Together  with  the  sums  disbursed  from  the  treasury  during  the  year  1811,  on  account  of  the  prin- 
cipal and  interest  ol'tl-.e  public  debt,  which  sums,  as  appears  by  the  statement  C,  annexed  to  the 
last  annual  report,  amounted  to  eight  millions  one  hundred  and  forty-eight  thousand  and  ninety- 
five  dollars,      ---------...      8,148,095  00 

Together  with  a  further  sum  arising  from  profit  in  exchange  on  remittances  from  America  to  Europe, 
purchased  during  the  year  1811,  amounting,  as  appears  by  the  statement  D,  annexed  to  the  last 
annual  report,  to  fifty-six  thousand  seven  hundred  and  twenty-six  dollars  fourteen  cents,  -  56.726  14 

And  with  the  further  sum  of  £4,900  sterling,  in  bills  taken  in  payment  of  the  principal  of  an  equal 

sum  of  protested  bills,  as  appears  by  the  same  statement  D,  and  equal,  at  par,  to  -  -  21,777  78 


And  amounting,  together,  to  the  sum  of  eight  millions  seven  hundred  and  nineteen  thousand  seven 
hundred  and  seventy-three  dollars  nine  cents,  ....... 


8,719,773  09 


604  FINANCE.  [1813. 

Have  been  accounted  for  in  the  following  manner: 

I.  There  was  repaid  into  the  treasury,  during;  the  year  1811,  on  account  ol  the  principal  of  moneys 
heretofore  advanced  for  the  payment  of  the  public  debt,  including  the  amount  of  sundry  bills  of 
exchange  recei\e(i  in  lieu  of  others  previously  purchased,  which  had  been  protested,  as  appears 
by  the  statement  E,  annexed  to  the   last  annual  report,  the  sum  of  one  hundred  and  sixty-eight 

thousand  four  hundred  and  forty-four  dollars,  forty -five  cents,       -----       $168,444  45 

II.  The  sums  actually  applied,  during  the  same  year,  to  the  payment  of  the  principal  and  interest  of 
the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amounted,  as 
will  appear  by  the  statement  A,  to  eight  millions  and  forty-eight  thousand  eighi  hundred  and 
fourteen  dollars    seventy-nine  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,        -  -  $5,543,606  39 

2.  Paid  on  account  of  the  interest  and  charges  on  the  same,  -  -  2,505,208  40 

8,048,814  79 

III.  The  balance  remaining  unexpended  at  the  close  of  the  year  1811,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  statement  B,  to  five  hundred  and  two  thousand  five  hundred  and 

thirteen  dollars  eighty-five  cents,       ---------         502,513  85 

$8,719,773  09 

That,  during  the  year  1812,  ihe  following  disbursements  were  made  out  of  the  Treasury  on  account  of  the  prin- 
cipal and  interest  of  the  public  debt,  viz: 

I.  On  account  of  the  interest  and  reimbursement  of  the  domestic  funded  debt,  -  -  .  $3,845,117  34 

II.  On  account  of  the  domestic  unfunded  debt,  -  -  -  ••  -    .         $945  04 
And  of  the  debt  due  to  foreign  officers,        ------  1,444  17 


822,599  64 


2,389  21 
111.  On  account  of  the  interest  on  Louisiana  stock,  and  on  converted  stock,  payable  in  Eurojie,      -        627,051  64 

Amounting,  together,  as  will  appear  by  the  annexed  list  of  warrants,  marked  C,  to  four  millions  four 

hundred  and  seventy-four  thousand  five  hundred  and  fifty-eight  dollars  nineteen  cents,  -   $4,474,558  19 

Vtliich  disbursements  were  made  out  of  the  following  funds,  viz: 
1.   From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  the  year  1812,  viz: 
From  the  fund  arising  from  the  interest  on  the  debt  transferred  to  the  Commissioners  of  the  Sinking 

Fund,  as  per  statement  I,       -  -  -  -  -  -  -  -  -  -   $1,899,125  23 

From  the  fund  arising  from  the  sale  of  public  lands,  being  the  amount  received  into  the  treasury, 

from  1st  October,  1811,  to  30th  September,  1812,  per  statement  K,  -  -  -  . 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and  on  the  tonnage  of 

vessels,  --------  .  -  .  .      1,727,906  03 

Amounting,  together,  to  -  -  -  -  -  -  -  -  -  -   $4,449,630  89 

AVhich  sum  of      -------  -  -  $4,449,630  89 

Being  deducted  from  the  annual  appropriation  of  -  ■  •  -     8,000,000  00 

Leaves  an  unexpended  balance,  to  be  applied  during  the  year  1813,  in  addition  to  the 

appropriation  for  that  year,  of  -..-..-  $3,550,369  11 

II.  From  repayments  into  the  treasury  on  account  of  moneys  heretofore  advanced  for  the  payment 

of  dividends  on  the  domestic  funded  and  unfunded  debt,  as  will  appear  by  the  statement  E,        -  24,927  30 

$4,474,558  19 
That  the  above  mentioned  disbursements,  together  with  the  above  stated  balance,  which  remained 

unexpended  at  the  close  of  the  year  1811,  of  .-----.        502,51385 

And  together  wiih  a  further  sum,  arising  from  profit  on  remittances  from  America  to  Europe,  pur- 
chased during  the  year  1812,  and  amounting,  as  will  appear  by  the  statement  D,  to  -  -  91,532  88 

Making,  together,  five  millions  and  sixty -eight  thousand  six  hundred  and  four  dollars  ninety-two 

cents.    -  -  -  -  ■     "       -  -  -  -  -  -  -  -  $5,068,604  92 


Will  be  accounted  for  in  the  next  annual  report,  in  conformity  with  the  accounts  which  shall  then  have  been 
rendered  to  the  Treasury  Department. 

That,  in  the  meanwhile,  the  manner  in  which  the  said  sum  has  been  applied,  is  estimated  as  foUoweth: 

I.  The  repayments  into  the  treasury,  on  account  of  the  principal  of  moneys  advanced  for  the  payment 
of  dividends  on  the  domestic  funded  and  unfunded  debt,  have,  during  the  year  1812,  amounted, 

as  by  the  above  mentioned  statement  E,  to    -  -  -  -  -  -  -  -  24,927  30 

II.  The  sums  actually  applied  during  the  year  1812.  to  the  principal  and  interest  of  the  public  debt, 
are  estimated  as  follows: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,     -  ■■  -$2,262,690  01 

2.  Paid  on  account  of  interest  and  charges  on  the  public  debt,  -  -     2,422,060  14 

4,684,750   15 

As  will  appear  by  the  estimate  F. 

III.  The  balance  which  remained  unexpended  at  the  close  of  the  year  1812,  and  applicable  to  pay- 
ments tidling  due  after  that  year,  is  estimated,  per  estimate  G,  at    -----         358,92747 

$5,068,604  92 

That,  in  conformity  with  the  resolution  of  the  Commissioners  of  tlie  Sinking  Fund,  of  the  19th  of  June,  1812, 
copy  whereof  is  hereunto  annexed,  marked  M,  the  residue  of  the  converted  stock  was  reimbursed  at  the  close  of  the 
year  1812;  and  that,  in  conformity  with  the  resolution  of  the  said  commissioners,  of  the  6th  of  July,  1812,  copy  of 
which  is  annexed,  marked  N,  179,300  dollars  of  Louisiana  domestic  six  per  cent,  stock,  14,000  ilollars  (nominal) 
of  deferred  six  per  cent,  stock,  and  57,000  dollars  of  six  per  cent,  stock,  of  1812,  have  been  purchased  previous  to 
the  31st  December,  1812,  having  cost,  together,  242,847  dollars  39  cents,  as  will  more  particularly  appear  in  the 
statement  marked  L. 

And  that  the  statement  H  exhibits  the  amount  of  stock  transferred  to  the  Commissioners  of  the  Sinking  Fund, 
and  to  the  Treasurer  of  the  United  States.  In  trust  for  said  States,  and  standing  on  the  books  of  the  trea- 
sury on  the  31st  December,  1812;  no  stock  having  been  transferred  in  payment  for  lands,  during  the  year  1812. 

All  which  is  respectfully  submitted. 

ALBERT  GALLATIN. 

Treasury  Department.  February  olh,  1813. 


1813.] 


THE   SINKING   FUND. 


605 


A. 

Statement  of  the  application,  during  the  year  1811,  of  the  funds  provided  for  the  payment  of  the  principal  and  interest 

of  the  public  debt. 


I.  Payments  on  account  of  the  principal  of  the  public  debt. 

Of  the  domestic  debt. 
Annual  reimbursement  of  old  six  per  cent,  stock,     - 
Do.  Do.  of  deferred  do.  .  .  . 

Reimbursement  of  a  part  of  the  converted  six  per  cent,  stock, 
Repayment  of  temporary  loan,  obtained  from  the  Bank  of  the  United 
States,         -------- 

II.  071  account  of  interest  and  charges. 

1.  On  the  domestic  debt. 

Interest  for  tlie  year  1811,  on  the  several  species  of  the  domestic 
funded  debt,  as  settled  at  the  treasury,     -  -  -  . 

Do.  on  Louisiana  stock  domesticated,        -  -  ..  . 

Do.  on  temporary  loan  from  Bank  of  the  United  States, 

2.  On  the  foreign  debt. 

Interest  on  exchanged  and  converted  stocks,   payable  in  Amster- 
dam.       -        -     Guilders.  5,6li    0    8.  at  40  cents,    $2,015  61 
Do.  do.  in  London,     £.3,977  18  11,  at  4s.  6^/.        17,G79  76 


Do.  on  Louisiana  stock  from  1st  July,  1810,  to  30th  June,  1811,  viz: 

Payable  in  Amsterdam.   G.  750,000  00,  at  40  cents,  $300,000 

Do.      in  London,  ^£81,905  17,  at  4s.  6d.        364,026 


1,074,203  05 
424.951   05 


Commissions  and  charges,  viz:at  .Amsterdam,  including  G.  5,247  9. 
Interest  on  advances  of  the 

commissioners,  -  G.  10,681  18  11,  at40cts.  $4,272  77 

At  London,        -  -  £484    1  00.  at  4s.  6f/.    2,15133 


Loss  in  exchange  in  drawing  G.  400,000  from  London  to  Amster- 
dam, (cost  £45,412  12  4,)  -  (rt.)   $41,833  85 

Deduct  gain  on  specie  shipped  to  Amsterdam,  by  the  Con- 
stitution frigate,  G.  12,161   10,       -  -  -  4,864  60 


Commissions  to  agents  in  America,  for  purchasing  bills. 


19,925  37 


664,026  00 


6,424  10 


36,969  25 
745  10 


1,499,154 

10 

1,294,452 

29 

2,750,000 

00 

1,683,225 

13 

24,051 

00 

69,842 

45 

5,543,606  39 


728,089  82 


2,505,208  40 


3,048,814  79 


(«.)  There  was  a  gain  in  exchange  on  the  remittance  of  this  sum.  of  £45,412  12  4  from  America  to  England, 
(which  is  accounted  for  as  part  of  the  sum  of  $56,726  14,  the  amount  of  gain  in  exchange  on  remittances  in  the  year 
1811)  of  -  -  -  -  -  -  -  -  -  -       '      -  -  $38.368  87 

So  that  the  real  loss  in  exchange,  on  the  whole  of  the  transaction,  is  only  -  -  -  3,464  98 


Or,  a  little  more  than  2  per  cent,  on  the  400,000  guilders. 

Treasury  Department.  Register's  Office,  February  4,  1813. 


B. 


$41,833  85 


JOSEPH  NOURSE,  Register. 


Statement  of  the  provision  made,  before  the  1st  day  of  January,  1812, /or  the  payment  of  the  principal  and  interest 

of  the  public  debt  falling  due  after  that  day. 


I.  On  account  of  the  Foreign  Debt. 

1.  Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  viz: 
In  London,  on  31st  December,  1811,  "    -  -       £81,874  00  9 

Deduct  amount  of  a  draft  on  them,  by  the  commissioners  in 
Amsterdam,  credited  in  Amsterdam  prior  to  31st  Decem- 
ber, 1811,  though  not  charged  in  London  till  after  that  day.     45,412  12  4 


£36,401  08  5,  at  4s.  &d.      $162,050  76 


In  Amsterdam,  on  the  same  day,    -  -  -  -        G.  557,920  00 

Deduct  amount  of  moneys  received  by  the  commissioners  be- 
fore 1st  January,  1812,  but  not  paid  at  the  treasury  till 
after  that  day,     -  -  -  -  -  -  15,641   18 


G.  542,278  02,  at  40  cts.         216,911  24 


2.  Remittances  outstanding,  viz: 
Amount  paid  for  at  the  treasury,  and  remitted  to  London  before  1st  January,  1812, 
but  not  received  by  the  agents  till  after  that  day,  £6,398  16  10,  at  4s.  6d. 


tt 


28.439  30 
407,401  30 


606 


FINANCE. 


[1813, 


3.  Amount  of  payments  made  at  the  treasury  before  the  1st  January,  1812,  for 
bills  which  have  been  protested  for  non-payment,  and  which,  on  that  day,  had  not 
been  repaid  into  the  treasury,  viz: 

Amount  outstanding  previous  to  the  year  1809,  as  explained  in  the  report  of  February 
3,  1809,       --------  $13,357  00 

Do.        do.  of  bills  purchased  in  1810,  and  protested  for  non-payment,  (a.)    8,888  88 


II.  On  account  of  the  Doraestic  Debt,  viz: 

1.  Cash  in  the  hands  ofcommissioners  of  loans,  deceased,  and  out  of  office,  $9,061  85 
3.  Do.  do.      of  commissioners  in  office,  applicable  to  payment  of 

dividends, -  1,226,069  92 

3.  Do.  do.      of  the  treasurer,  as  agent  for  the  commissioners  of 

the  sinking  fund,  .-.--.  307,662  08 


4.  Do.  heretofore  advanced  to  a  commissioner  of  loans,  no  longer  in  office,  for  the  re- 
imbursement of  exchanged  stock,  and  remaining  unapplied,    -  -  -        - 

The  demands  to  be  satisfied  out  of  these  funds,  on  the  1st  January,  1812,  were  as 
follows,  viz: 

1 .  Dividends  payable  by  the  commissioners  of  loans,  including  the  dividends  due  on  that 
day,  and  exclusiveof  dividends  no  longer  demandable  at  their  offices,    1,216,913  81 

2.  Dividends  on  stock  standing  on  the  treasury  books,  beyond  the  amount 
advanced  to  the  cashiers  for  their  payment,       -  -  -  -       58.853  50 

3.  Unclaimed  dividends  from  the  loan  offices,  payable  at  the  treasury, 

beyond  the  amount  advanced  to  the  cashiers  for  their  payment,  197,981  48 


22,245  88 


1,542,793  85 

3,821  61 

1,546,615  46 


1,473,748  79 


429,647  18 


72,866  67 
$502,513  85 


(a.)  The  amount  of  this  item,  as  given  in  statement  B,  annexed  to  last  annual  report,  was 
During  the  year  1811,  there  was  received  in  exchange  for  bills  which  had  been  previously  protested, 
other  bills,  amounting  to  ^£4,900,  as  explained  in  the  statements  D  and  E,  annexed  to  last  annual  re- 
port, equal,  at  par,  to         .--..--.-         $21,77778 

And  there  was  repaid  into  the  treasury,  the  amount  of  two  bills,  (for  £1,500)  as  stated 
in  the  same  statement  E,  equal,  at  par,  to  ..-..-  6,66667 


Leaving  still  outstanding,  John  W.  &  Gilbert  Russell's  bill  on  Conway  and  Davidson,  for  £2,000 
sterling,  equal  to---------  .  .  . 


$37,333  33 


28,444  45 
$8,888  88 


Treasury  Department,  Register's  Office,  4th  February,  1813. 


JOSEPH  NOURSE,  Register. 


List  of  Warrants  drawn  according  to  law,  during  the  year  1812,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  interest  on  Louisiana  Stock. 


WARBANTS. 

IN     WHOSK    FAVOR. 

AMOUBT. 

Numbers. 

Date. 

Dollars.     Cts. 

4268     , 

January        7, 

1812, 

George  Zollicofer, 

607  42 

4326 

February    11, 

" 

James  Cox,                    -                   -                   - 

37,111    10 

4327 

bh                        4i 

" 

Do.                       ... 

92  77 

4329 

12, 

" 

Jonathan  Smith,            -                   ..                   . 

56,422  92 

4330 

kfc                               kh 

" 

Do. 

141   05 

4359 

21, 

" 

Walter  Hellen, 

2,755  01 

4375 

28, 

" 

Samuel  Flewelling,      -                  .                  . 

55,666  66 

4376 

ik                              ik 

" 

Do. 

139   16 

440S 

March         11, 

" 

George  Burroughs. 

74,938   15 

4409 

tk                a 

** 

Do.                       -                  -                  - 

187  34 

4598 

April           16, 

'• 

Thomas  Cole, 

3,520  00 

4641 

May            11, 

" 

James  Cox, 

23,111   11 

4642 

bi.                               kh 

^' 

Do. 

57  77 

4672 

23, 

'• 

Do.                      -                 -                 - 

28,444  44 

4673 

kb                                   b( 

'• 

Do.                      -                 -                 - 

71   11 

4713 

June            12, 

*' 

Samuel  Flewelling, 

70,762  22 

4714 

k  b                               b4 

Do.                       -                  .                  - 

176  90 

4923 

July             11, 

"' 

Jonathan  Smith,           -                  .                  . 

71,111   11 

4924 

t.               i(. 

"' 

Do. 

177  77 

5052 

September  16, 

" 

Thomas  Cole,               -                  . 

713  79 

5182 

October        6, 

'" 

J-  A.  Van  Reisen,         -                   .                   . 

1,843  84 

5285 

November    4, 

" 

Samuel  Flewelling.      -                   .                   . 

117,000  00 

5383 

December  17, 

'" 

Do. 

82,000  00 

$627,051   64 

1813.] 


THE  SINKING   FUND. 


607 


Included  in  the  foregoing  list  qf  warrants,  are  the  following  warrants  for  commissions  to  agents  who  purchased 

the  bills. 


WARRANTS. 

IS   waoBH  vAVon. 

AHOUMT. 

Numbers. 

Dates. 

Dollars.  Cents. 

4327 
4330 
4376 
4409 
4642 
4673 
4714 
4924 

February    11, 

12, 

"             28, 

March        11, 

May            11, 

23, 

June           12, 

July            11, 

1812, 

4« 

James  Cox,                   -                  -                  - 
Jonathan  Smith,            -                   .                   - 
Samuel  Fiewelling, 
George  Burroughs, 

James  Cox,                    -                  -                  - 
Do.                       -                  -                  - 
Samuel  Fiewelling, 
Jonathan  Smith, 

92  77 

141   05 

139   16 

187  34 

57  77 

71    11 

176  90 

177  77 

$1,043  87 

List  of  Warrants  drawn  according  to  law,  during  the  year  1812,  o?i  the  Treasurer  of  the  United  States,  on  ac- 
count of  the  reimbursement  and  interest  of  the  Domestic  Debt. 


WARRANTS. 

iir  waosE  FAroB. 

AMOUNT. 

Numbers. 

Dates. 

Dollars.   Cents 

4701 

June                8, 

1812, 

Morton  A.  Waring, 
Sherwood  Haywood,     - 

_ 

21,000  00 

4702 

((                   a 

64 

- 

1,750  00 

4703 

t;                     (( 

44 

William  Gardner, 

- 

5,150  00 

5032 

September    8, 

44 

Jonathan  Smith, 

- 

116,761    17 

5036 

11, 

44 

William  Whann, 

- 

20,000  00 

5044 

15, 

44 

William  Gardner, 

- 

5,100  00 

5045 

a                 n 

44 

Sherwood  Haywood,     - 

- 

1,700  00 

5046 

u                  a 

<4 

Morton  A.  Waring, 

- 

21,500  00 

5047 

a                   ii. 

44 

Robert  Habersham, 

- 

11,000  00 

5059 

"                 21, 

44 

Benjamin  Austin, 

- 

135,000  00 

5060 

a                 ki 

44 

Christopher  EUery, 

- 

6,000  00 

5061 

fci                                    ib 

44 

Jonathan  Bull, 

- 

17,000  00 

5062 

U                                   it 

44 

James  Ewing, 
Thomas  Nelson, 

- 

2,750  00 

5063 

(•                                   (( 

4  4 

- 

7,500  00 

5074 

"                26, 

44 

Edward  Hall, 

- 

24,000  00 

5284 

November    4, 

44 

Samuel  Fiewelling, 

- 

24,112  95 

5328 

25, 

.4 

Jonathan  Smith, 

- 

101,973  27 

5347 

December    5, 

44 

Sherwood  Haywood,     - 

- 

1,050  00 

5376 

17, 

44 

William  Gardner, 

- 

11,000  00 

5377 

((                (t 

44 

Do. 

- 

10,733  52 

5378 

.•                i-i. 

44 

Sherwood  Haywood,     - 

- 

2,700  00 

5379 

ii.                i. 

44 

Do. 

- 

6,540  39 

5380 

•  •                                   ii 

44 

Morton  A.  Waring, 

- 

60,000  00 

5381 

.(.                                   li 

44 

Do. 

- 

14,288  96 

5397 

''               23, 

44 

Benjamin  Austin, 

- 

285,000  00 

5398 

44                          14 

44 

Do. 

219,782  22 

1.123,392  48 

4433 

March         18, 

44 

Thomas  T.  Tucker, 

$454,593  58 

4757 

June           22. 

44 

Do.      - 

454,593  58 

5067 

September  23, 

44 

Do. 

455,576  08 

5410 

December  28. 

44 

Do.     - 

534,361   98 

1  899  125  22 

5396 

03. 

44 

Do.     - 

822,599  64 

$3,845,117  34 

List  of  Warrants  drawn  according  to  law,  during  the  year  1812.  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  certain  parts  of  the  Domestic  Debt. 


WARRANTS. 

IN    WHOSE  FArOR. 

AMOITST. 

Numbers. 

Dates. 

Dollars.  Cts. 

4407 
4443 
4619 
4880 
5071 
5312 
5392 

March         H. 

44                         21 

April           29,' 
July              3. 
September  24, 
November  18, 
December  21. 

1812. 

4. 

4( 
44 

44 

44 

4. 

William  Whann,         -                  -                  .. 

Hannanus  Bleecker.    - 

Thomas  Sammons,       -                  -                  - 

Pierre  Van  Courtlandt, 

William  Whann, 

John  Davidson. 

Matthew  Clay, 

100  00 

81   97 

17  59 

8  44 

365   14 

226  93 

144  97 

$945  04 

608 


FINANCE. 


[1813. 


List  of  Warrants  draivn  according  to  law,  during  the  year  1812,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  debts  due  to  Foreign  Officers. 


WAHHANTS. 

IN     WHOSE    PAVOB. 

AM0U5T. 

Numbers. 

Dates. 

Dollars.  Cts. 

4940 

July          17,      1812, 

Lieutenant  Colonel  Gimat, 

1,444  17 

RECAPITULATION. 

Interest  on  reimbursement  of  the  domestic  debt. 

Interest  on  Louisiana  stock,  - 

Paying  certain  parts  of  domestic  debt, 

Debts  due  to  foreign  officers.  .  -  . 


Treasury  Department,  Register'' s  Office,  Januai-y  16,  1813. 


$3,845,117  34 

627,051  64 

945  04 

1,444   17 

$4,474,558  19 


JOSEPH  NOURSE,  Register. 


D. 

Amount  of  Remittances,  during  the  year  one  thousand  eight  hundred  and  twelve,  on  account  of  interest  on  the 

Louisiana  and  other  stocks  in  Europe. 

Guilders.  Dollars. 

15,641  18,  at  44  cents  per  guilder,  cost  -------  $6,882  43 

4,288  00,  at  43     do.             do.      do.      -                 -                 -                 -                -  -                 -  i,843  84 

1,699  10,  at  42    do.             do.      do.      -                 -                 -                 -                -  -                 -  713  79 

200,000  00,  at  41     do.            do.      do.      -                 -                -                 -                 -  -                 -  82,000  00 

300,000  00,  at  39    do.            do.      do.      in  part,                     -                -                .  -                .  117,000  00 


521,639  08  guilders,  equal  to 


$208,440  06 


£  sterling 

9,050  00  00,  at  15  per  cent  below  par, 

15,538  07  05,  at  15^  do  do. 

26,971  12  07,  at  16^  do.  do. 

7l0  00  00,  at  16}  do.  do. 

7,740  00  00.  at  16  do.  do. 

46,650  00  00,  at  20  do.  do. 

7,850  00  00,  at  21  do.  do 


Dollars. 

34,188  88 

58,355  21 

100,004  70 

2,605  55 

28,894  49 
165,866  66 

27.562  22 


dEl  14,500  00  00  sterling,  cost    - 


Applied  to  remittances,  -------- 

Paid  Agents  for  commissions  ---.... 

Amount  of  warrants  issued  in  the  year  1812,  on  account  of  interest  on  the  Louisiana  and  other  stock, 
as  per  preceding  statement  C,  --_-... 

Gain  in  Exchange: — Guilders  521,629  08,  at  par, 
Sterling^ll4,500  00,  atpar. 


417,567  71 

$626,007  77 
1,043  87 


$627,051  64 


Paid  for  remittances  as  above,  -  -  . 

Gain  in  Exchange  in  1812, 
Treasury  Departmb:nt,  Register\i  Office,  30th  January,  1813. 

E. 


-$208,651  76 

-  508,888  89 

717,540  65 

-  626,007  77 


$91,532  88 


JOSEPH  NOURSE,  Register. 


Statement  of  the  Repayments  made  into  the  Treasury,  during  the  year  1812,  on  account  of  the  Public  Debt. 


Date   of 

warrants. 

No.  of 
warrant. 

On  whom  drawn. 

Principal. 

Damages 
and  interest. 

Amount  of 
warrant. 

1812. 
March  31, 

1592. 

1593. 
1594. 

James  Davidson,  for  so  much  remaining  in  his  hands, 
heretofore  advanced  for  the  payment  of  unclaimed 
dividends,  per  report  No.  25,488, 

Do.  do.  for  paying  dividends  on  the  funded  domestic 
debt,  per  report  No.  25,490,  -            -           -           - 

Do.      do.  on  the  registered  debt,  per  report  No.  25,489, 

$20,000  00 

4,903  99 
23  31 

- 

$20,000  00 

4,903  99 
23  31 

24,927  30 

- 

24,927  30 

Treasury  Department,  Register'' s  Office,  30th  January,  1813. 


JOSEPH  NOURSE,  Register. 


1813.1  THE    SINKING    FUND.  gQg 


F. 

./?n  estimate  of  the  application  made,  in  the  year  1812,  of  the  funds  provided  for  the  payment  qf  the  principal  and 

interest  of  the  public  debt. 

I.  On  account  of  the  principal. 

1.  Reimbursement  of  old  six  per  cent,  and  deferred  stocks,  estimated  at  -  $l,4l9,l3-2  19 

'i.        Do.  of  converted  six  per  cent,  stock,  -  -  -        505,318  41 

3.  Do.  of  registered  debt,  including  arrearages  of  interest,        845  04 

4.  Do.  of  debts  due  to  foreign  officers,  including  do.    (lo.     1,444  17 


5.  Stocks  purchased,  viz:  Louisiana  domestic  six  per  cent,  stock,  179,300  00 

Six  per  cent,  stock  of  1812.  57,000  00 
Deferred   six  per   cent,    stock,  nominal 

amount  $14,000,  unredeemed  amount,  9,650  20 


2,289  21 


245,950  20 


n.  On  account  of  interest  and  charges. 


2,262,690  01 


1.  Interest  on  the  domestic  funded  debt,  estimated  at  -  -  -      1,688,168  17 

2.  Interest  on  Louisiana  stock  domesticated,  -  -  .  .         107,322  00 

3.  Interest  and  charges  on  foreign  debt,  viz: 

Interest  on  converted  stock,  payable  in  London  and  Amsterdam,    7,651  78 
Do.      and  charges  on  Louisiana  stock,  payable  in  do.  and  do.    617,874  32 


625,526   10 
Commissions  to  agents  in  America,  for  purchasing  bills,     -  1,043  87 


626,569  97 


2,122,060  14 
$4,684,750   15 


^n  estimate  of  the  funds  provided,  before  the  \st  January,  1813,  for  the  repayment  of  the  principal  and  interest  of 

the  Public  Debt,  falling  due  after  that  day. 

I.  On  account  of  the  foreign  debt. 

Casii  in  the  hands  of  commissioners  and  agents  in  Europe,  and  remittances  outstanding  on  the 

31st  December,  1811,  per  preceding  statement  B,      -  -  -  .  .      $407,401  30 

The  remittances  made  during  the  year  1812,  per  preceding  statement  D,  are  as  follows,  viz: 
To  Amsterdam,   Gs.  521.629  8,  at  40  cents,  -  -  -  $208,651  76 

To  London,  £     114,500,     at  4*.  6(/.  -  -  -  508,888  89 


717,540  65 


Total  to  be  accounted  for,  ---...      i, 124, 941  95 

The  amount  applied,  during  the  year  1812,  per  preceding  estimate  F,  is  calculated  t(»  have  been, 

for  interest,  and  charges  in  Europe,  ---...        625,526  10 


The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may  therefore  be 

estimated,  on  the  31st  December,  1812,  at  .....         499,41585 

The  amount  of  protested  bills,  outstanding  and  unrecovered  on  that  day,  was  tiie  same  as  tliat 

on  the  31st  December,  1811,  per  preceding  statement  B.  ....  22.24588 


521.661   73 
From  which  deduct — 

IT.  On  account  of  the  domestic  debt. 

For  unclaimed  dividends,  demandabie  at  the  treasury,  and  not  yet  advanced  to  the  bank,  for 

payment  to  the  creditors,  .......         162,734  26 

$358,927  47 


610 


FINANCE. 


[1813. 


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1813.] 


THE  SINKING   FUND. 


611 


I. 

Statement  of  moneys  arising  from  the  interest  on  stock  transferred  to  the  United  States,  being  the  amount  drawn 
by  the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  during  the  year  1812,  pursuant  to  the  act  of 
May  8th,  1792,  agreeably  to  statement  made  at  the  Treasury. 


1812,  March         18.  Warrant  No.  4,433. 

June            22.  4,757, 

September  23.  5,067, 

December  28.  5,410, 


Treasury  Department,  Register's  (Jffice,  January  16,  1813. 


$454,593  58 

454,593  58 

455,576  08 

534,361  98 

$1,899,125  22 


J0SP:PH  NOURSE,  Register. 


K. 

Statement  of  moneys  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  public  debt,  in  the  year  1812,  being 
on  account  of  moneys  received  into  the  treasury  from  sales  of  public  lands,  pursuant  to  the  act  of  3d  March, 
1795,  agreeably  to  statements  made  at  the  Treasury. 


1812.  December  23,  Warrant  No.  5,396, 
Treasury  Department,  Register'' s  Office,  January  16,  1813. 


$822,599  64 


JOSEPH  NOURSE,  Register. 


Purchases  of  stock  made  by  Jonathan  Smith  and  Samuel  Flewelling.for  the  Commissioners  of  the  Sinking  Fuiul. 


Dr.   The  United  States, 

To  Jonathan  Smith,  Cashier  of  the  Bank  of  Pennsylvania. 

To  Louisiana  6  per  cent,  stock,  purchased  on  account  of  the  Commissioners  of  the 

Sinking  Fund,  viz: 
1812,  July  25.  $10,000,  interest  from  July,  -  .  -  -  $9,925  00 

Deduct  six  months'  interest,  say  from  July  to  January  next,  300  00 


Brokerage, 

25.  $5,000,  at  99?  per  cent. 
20,500,  at  995       do. 


Brokerage, 

31.     40,000,  at  99|  per  cent,    - 
Brokerage, 

Aug.  10.     3,000.  at  99i  per  cent.      - 

Brokerage, 

11.      40,000,  at  96|  per  cent.    - 
Brokerage. 


Dr.   Thomas  T.  Tucker,  Esq.  Treasurer  of  the  United  States, 

To  Samuel  Flewelling,  Cashier  of  the  ^fanhattan  Company. 

For  United  States  stock,  bought  for  account  of  the  Commissioners  of  the  Sinking  Fund. 

1812,  Aug.  24.  Louisiana  domesticated  6  percent.  $5,000,  at  99.1  -  $4,975  00 

Deduct  6  months"  interest.  -  -  -  -  150  00 


9,625 
24 

00 
06 

4,962 
20,397 

50 
50 

25,360 
63 

00 
40 

.39,800 
99 

00 
50 

2.985 

7 

00 
46 

38,700  00 
96  75 

Add  brokerage  i  per  cent.,  .  -  _ 

26.  Louisiana  domesticated  6  per  cent.  10,000,  at  89^, 
Deduct  6  montlis'  interest,  _  .  . 


Add  brokerage  |  per  cent.. 


4,825  00 
12  06 


Nominal,  deferred,  14,000  00 
Off,31yl5  4,349  80 


Add  brokerage  5  per  cent., 


-9,650, -Vj,  at  99^, 


9.950  00 

300  00 

9,650  00 

24  12 


9,577  83 
23  94 


Dr.  The  United  States, 


To  Jonathan  Smith,  Cashier  of  the  Bank  of  Pennsylvania. 


To  six  per  cent,  stock,  purchased  on  account  of  the  Commissioners  of  the  Sinking  Fund. 
1812,  Oct.   23.  $7,000  6  per  cent,  of  1812,  at  99i  per  cent,  -  -  $6,965  00 

Brokerage,  -  -  -  -  1741 


9,649  06 

25,423  40 

39,899  50 

2,992  46 

38,796  75 


4,837  06 


9,674  12 


9,601  77 


6,982  41 


116,761   17 


24,112  95 


612 


FINANCE. 


[1813. 


STATEMENT  L— Continued. 


1812,  Oct.  S3.  $6,000  Louisiana,  at  99$  per  cent.. 

200        do.         at  99i  per  cent.    199 
Deduct  one  quarter's  interest,  3 


Brokerage, 

27.  25,000  Louisiana,  at  99|  24,875 

Deduct  one  quarter's  dividend,      375 


Brokerage, 

30.  30,000  6  per  cent,  of  1812,  at  99^, 
Brokerage, 

Nov.  12.  4,600  Louisiana,  at  995 

Deduct  one  quarter's  interest, 

Brokerage, 

14.  10,000  Louisiana,  at  99^ 


4,577 
69 


9,975 
Deduct  1  quarter's  interest  on  8,000,      120 

Brokerage, 

20.000  6  per  cent,  of  1812.at99|  - 
Brokerage, 


$5,970  00 
196  00 

6,166 
15 

00 
41 

24,500 
61 

00 
25 

29,775 

74 

00 
43 

4,508  00 
11  27 


9,855  00 
24  63 

19,950  00 
49  87 


$6,181  41 

24,561  25 
29,849  43 

4,519  27 

9,879  03 
19,999  87 


Dollars, 


101,973  27 


242,847  39 


REC  APITULATI  ON. 


Louisiana,  $179,300,  .  -  .  - 

6  per  cent,  of  1812.  57,000,  .  -  _  - 

6  per  cent,  deferred,       14,000,  unredeemed  amount  $9,650  20, 

$250,300 


Treasury  Department,  Begister^s  Office,  February  4,  1813. 


Cost,  $176,413  91 
do.  56,831  71 
do.  9,601  77 


$242,847  39 


JOSEPH  NOURSE,  Register. 


M. 

At  a  meeting  of  the  Commissioners  of  tlie  Sinking  Fund,  held  on  the  19th  day  of  June,  1812 — 

Present:  William  H.  Crawford,  President  of  the  Senate,  pro  tern. 
James  Monroe,  Secretary  of  State, 
Albert  Gallatin,  Secretary  of  the  Treasury. 

It  was  Resolved  and  determined.  That  the  Secretary  of  the  Treasury  cause  to  be  reimbursed,  on  the  first  day  of 
January,  1813,  (he  residue  of  the  converted  six  per  cent,  stock,  created  by  virtue  of  the  act  supplementary  to  the 
act,  entitled  "  An  act  making  provision  for  the  redemption  of  the  whole  of  the  public  debt  of  the  United  States." 

WILLIAM  H.  CRAWFORD,  President  of  the  Senate  pro  tern. 

JAMES  MONROE,  Secretary  qf  State, 

ALBERT  GALLATIN,  Secretary  of  the  Treasury. 

A  true  copy  of  the  original  minutes. 

Edward  Jones,  Secretary  to  the  Board  of  Commissioners. 


N. 

At  a  meeting  of  the  Commissioners  of  the  Sinking  Fund,  held  on  the  6th  day  of  July,  1812 — 

Present:  William  H.  Crawford,  President  of  the  Senate,  pro  ^e??i. 
James  Monroe,  Secretary  of  State, 
Albert  Gallatin,  Secretary  of  the  Treasury. 
It  was  Resolved,  That  the  Secretary  of  the  Treasury  be  authorized  to  cause  so  much  of  the  annual  appropria- 
tion of  eight  millions  of  dollars  as  may  be  legally  applied  to  that  object,  to  be  applied  to  the  purchase  of  the  funded 
debt  of  the  United  States,  and  of  other  public  securities,  the  purchase  whereof  is  authorized  by  law. 

WILLIAM  H.  CRAWFORD,  President  of  the  Senate,  pro  tern. 
JAMES  MONROE,  Secretary  of  State, 
ALBERT  GALLATIN,  Secretary  of  the  Treasury. 
A  true  copy  of  the  original  minutes. 

Edward  Jones,  Secretary  to  the  Board  of  Commissioners. 


1813.]  INCREASE  OF  REVENUE.  613 


12th  Congress.]  No.    389.  [2(1  Sessiok. 


INCREASE    OF    REVENUE. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY   15,   1613. 

Mr.  Cheves,  from  tlie  Committee  of  Ways  and  Means,  made  the  following  report: 

That  they  have  deemed  it  to  be  their  duty,  tliat  the  public  service  may  not  sufter,  and  that  the  public  credit  may 
be  duly  supported,  to  look  beyond  the  ways  and  means  of  the  present  year,  and  to  take  into  consideration  the  reve- 
nue which  may  be  wanted  for  the  year  1814.  That  an  estimate  of  the  probable  amount  of  the  revenue  which  will 
accrue  under  existing  laws,  and  be  receivable  w  ithin  that  year,  has  been  submitted  to  Congress  in  the  annua!  report 
of  the  Secretary  of  the  Treasury,  matle  during  the  present  session.  'I'liat,  com|)ariiig  the  amount  thereof  with  the 
sums  winch  will  probably  be  required,  by  a  pruiletit  regard  to  the  public  credit,  it  ap|)ears  to  the  committee  itidis- 
pensably  necessary  to  make  a  further  provision.  Tiiat  this  may  be  done  by  a  partial  suspension  of  the  non-importa- 
tion acts,  whicii  will  not  greatly  lessen  their  injurious  effects  upon  the  enemy,  by  an  additional  duty  on  foreign  ton- 
nage, and  by  the  imposition  of  internal  taxes  and  duties.  That,  in  their  opinion,  all  these  means  will  be  necessary 
to  supply  the  revenue  which  will  be  wanted.  That  it  is  impracticable,  during  the  piesent  session,  consistently  with 
a  due  attention  to  the  other  business  of  the  nation,  to  enact  the  laws  necessary  to  embrace  the  last  mentioned  object, 
but  that  this  may  be  done  without  difficulty,  and  without  a  delay  which  will  be  injurious  either  to  the  public  credit  or 
the  public  service,  by  an  earlier  meeting  of  Congress  than  the  constitutional  period,  which  it  will  be  the  tluty  of 
Congress,  or  the  Executive  branch  of  the  Government,  to  fix, at  such  time  as  shall  be  deemed  most  proper  and  expe- 
dient. That  it  is,  however,  necessary  that  the  suspension  of  the  non-importation  acts,  which  is  contemplated,  should 
be  enacted  at  the  present  session  of  Congress,  and,  lor  this  purpose,  and  tiie  imposition  of  additional  duties  on 
foreign  tonnage,  they  beg  leave  to  report  a  bill. 

They  also  report,  herewith,  a  correspondence  between  the  Secretary  of  the  Treasury  and  this  committee,  on  tJie 
subject  of  this  report. 


CoMMirrEE  Room,  id  Febniary,  1813. 
Sir: 

I  am  directed  by  the  Committee  of  Ways  and  Means  to  request  from  you  the  favor  of  a  reply  to  the  follow- 
ing questions: 

1.  What,  in  your  opinion,  \yould  be  the  probable  amount  of  revenue  applicable  to  the  service  of  the  year  1814. 
which  would  result  from  a  modification  or  partial  repeal  of  the  non-importation  acts,  such  as  is  sugg;ested  in  your 
letter  of  the  10th  day  of  June,  1812,  addressed  to  the  Chairman  of  the  Committee  of  Ways  and  Means.'' 

•2.  Is  the  modification,  suggested  by  that  letter,  the  best,  in  your  opinion,  that  can  be  devised  to  obtain  a  given 
revenue  with  the  least  possible  dimiimtion  of  the  effects  of  the  non-importation  acts.''  If  not,  be  pleased  to  suggest 
such  alterations  and  improvements  as  occur  to  your  mind. 

3.  Are  there,  in  your  opinion,  any  further  legal  provisions  necessary,  or  will  any  be  expedient,  more  effectually 
to  enforce  the  non-importation  acts,  or  to  ensure  the  more  effectual  collection  of  the  revemie? 

4.  W'ould  it,  in  your  opinion,  be  advisable  to  increase  the  duty  on  foreign  tonnage?  If  it  would,  to  what  amount, 
and  what  would  be  the  probable  addition  to  the  revenue  applicable  to  the  year  1814.  by  such  increase.-" 

I  am,  sir,  with  great  respect,  &c. 

LANGDON  CHEVES. 
The  Hon.  Albert  Gallatin,  Secretary  of  the  Treasury. 


Sir:  Treasury  Department,  9th  February,  1813. 

I  have  the  honor  to  submit  the  following  answers  to  the  questions  proposed  in  your  letter  of  the  3d  instant: 

1.  It  is  believed,  for  the  reasons  stated  in  my  letter  of  10th  June  last,  to  the  Committee  of  Ways  and  Means, 
that  the  amount  of  revenue  applicable  to  the  service  of  the  year  1814,  which  would  result  from  a  modification  of  the 
non-importation  acts,  as  suggested  in  the  said  letter,  may  be  estimated  at  about  five  millions  of  dollars,  provided 
that  modification  takes  place  during  the  present  session  of  Congress. 

2.  No  better  modification,  for  the  purposes  therein  intended,  has  suggested  itself,  than  that  proposed  in  the  letter 
aforesaid.  But,  it  would  seem  reiiuisite,  for  the  same  object,  that  no  drawback  should  be  allowed  on  the  re-ex- 
portation of  the  merchandise  which  may  be  thus  imported. 

3.  The  most  important  legal  provision,  which  appears  necessary  to  enforce  the  non-importation  .acts,  is,  a  posi- 
tive prohibition  of  a  restoration,  by  order  of  court,  of  merchandise,  the  importation  of  which  is  prohibited  by  law. 
It  is  also  believed  that  it  will  be  necessary  to  order  all  the  cargoes  of  salt,  particularly  from  Lisbon,  to  be  discharged 
under  the  inspection  of  proper  officers;  and  it  appears  reasonable  that  the  expense  should  be  defrayed  by  the 
importers. 

4.  It  appears,  in  every  point  of  view,  highly  desirable  that  tl.e  duty  on  foreign  tonnage  should  be  increased.  A 
duty  of  ten  dollars  per  ton  does  not  seem  greater  than  what  is  required  for  the  protection  of  American  vessels.  But 
I  cannot  form  any  correct  estimate  of  tiie  probable  addition  resulting  to  the  revemie  from  such  increase.  Much 
would  depend  on  the  suppression  of  the  trade  carried  by  American  vessels  with  enemy's  licences. 

With  respect  to  the  necessity  of  providing  an  additional  revenue  for  the  year  1814, 1  beg  leave  to  refer  to  the 
statements  made,  and  opinions  expressed,  when  I  had  the  honor,  several  weeks  ago,  to  wait  on  the  Committee  of 
Ways  and  Means.  And  I  beg  leave  to  add,  that  this  necessity  has  been  considerably  increased  by  the  subsequent 
expenditures  authorized  by  law:  amongst  which  must  be  particularly  mentioned  the  act  for  the  increase  of  the 
navy  and  that  for  raising  twenty  thousand  men  for  one  year.  Indeed,  considering  the  general  rate  of  expenditure 
resulting  from  the  war  measures  which  have  been  adopted,  I  am  of  opinion,  that  it  will  be  necessary  to  recur  both 
to  a  modification  or  repeal  of  the  non-importation  acts,  and  to  the  proposed  internal  taxes,  in  order  to  provide  a 
reveime  commensurate  with  those  expenses.  When  an  additional  revenue  of  five  millions  was  be'ieved  sufficient, 
that  opinion  was  predicateil  on  the  supposition  made  by  the  committee,  that  annual  loans  of  only  ten  or  eleven 
miUions  of  dollars  would  be  wanted.  With  a  revenue  of  twelve  millions  of  dollars  for  this  year,  it  is  ascertained 
tliat  a  loan  of  at  least  sixteen  millions  is  necessary. 

I  have  the  honor  to  be,  &c. 

ALBERT  GALLATIN. 

Hon.  Langdox  Cheves,  Chairman  of  the  Committee  of  Tf'ays  and  Means. 

78  tt 


614  FINANCE.  [1813. 


Committee  Room,  February  11, 1813. 
Sik: 

The  Committee  of  Ways  and  Means  are  of  opinion  that  it  is  expedient  to  raise  an  internal  revenue  for  the 
for  the  service  of  tlie  year  1814:  but  that  it  is  altogether  impracticable,  within  the  present  session,  to  pass  the  neces- 
sary laws  for  that  purpose;  they  have,  therefore,  directed  me  to  inquire  of  you,  at  what  time,  in  your  opinion,  it 
will  be  necessary  that  such  laws  should  be  enacted,  in  order  to  raise  a  revenue,  which  may  be  collected  in  time  for 
the  service  of  that  year. 

1  am  also  directed  to  bring  to  your  attention  the  last  paragraph  of  your  letter  to  tlie  chairman  of  this  Committee, 
of  the  10th  June,  1812,  and  to  ask  whether  the  opinion  thereni  given  is  applicable  to  the  present  state  of  things,  and 
to  the  probable  exigencies  of  the  Government,  in  (he  year  1814r 

As  early  an  answer  as  shall  be  consistent  with  your  convenience  is  requested. 

I  am,  with  great  respect,  your  obedient  servant, 

LANGDON  CHEVES. 
The  Honorable  Alberi-  Gallatin,  Secretary  of  the  Treasury. 


Sir: 


Treasury  Department,  February  12,  1813. 


In  answer  to  your  letter  of  yesterday,  I  have  the  honor  to  state  tiiat  I  still  believe  it  practicable  to  organize 
the  taxes  within  three  or  four  months  after  the  passing  of  the  laws  in  the  shape  reported.  This,  however,  is  only 
matter  of  opinion,  in  which  I  may  be  mistaken;  and  it  would  certainly  be  desirable,  if  otiier  considerations  do  not 
oppose  it,  to  prevent  the  danger  of  disappointment,  by  allowing  more  time  for  the  selection  of  officers,  preparing 
and  transmitting  the  forms  and  instructions,  and  taking  all  other  steps  necessary  for  the  organization  of  a  difficult 
and  novel  system,  which  must  pervade  every  part  of  the  extensive  territory  of  the  United  States.  The  selection  of 
officers,  including  the  time  necessary  to  ascertain  whether  they  will  accept,  is  perhaps  the  operation  most  likely  to 
pi-oduce  delay. 

I  have  the  honor  to  be,  respectfully,  sir,  your  obedient  servant, 

ALBERT  GALLATIN. 
Hon.  Langdon  Chkves,  Chairman  of  the  Committee  of  Ways  and  Means. 


Committee  Room,  Jwne  9,  1812. 
Sir: 

I  am  directed,  by  the  Committee  of  Ways  and  Means,  to  request  you  to  inform  them,  whether,  in  your  opi- 
nion, the  non-importation  act  may  not  be  so  modiSed,  or  partially  suspended,  as  to  afford  a  revenue  equivalent  to 
The  estimated  amount  of  the  proposed  internal  taxes,  additional  tonnage  duty,  and  diminution  of  drawbacks;  and, 
in  such  event,  whether  the  last  mentioned  objects  of  revenue  may  not,  for  the  present,  be  dispensed  with. 

I  am,  sir,  with  great  respect,  your  obedient  servant, 

LANGDON  CHEVES. 
The  Honorable  Albert  Gallatin,  Secretary  of  the  Treasury. 


Treasury  Department,  Jwie  10,  1812. 


Sir: 


I  had  the  honor  to  receive  your  letter  uf  yesterday,  asking  whether,  in  my  opinion,  the  non-importation  act 
may  not  be  so  modified,  or  partially  suspended,  as  to  aftl)rd  a  revenue  equivalent  to  the  estimated  amount  of  the 
internal  taxes,  additional  tonnage  duty,  and  diminution  of  drawbacks;  and,  in  such  event,  whether  the  last  mention- 
ed objects  of  revenue  may  not,  for  the  present,  be  dispensed  withij 

All  the  estimates  of  revenue,  which  have  been  transmitted  during  this  session,  having  necessarily  been  made  in 
conformity  with  the  existing  laws,  were  predicated  on  the  supposed  absolute  prohibition  of  British  produce  and 
manufactures.  These,  in  ordinary  times,  amounted  to  more  than  one  half  of  the  foreign  merchandise  consumed  in 
the  United  States.  The  actual  exclusion  of  the  greater  part  of  the  articles  of  our  own  growth  from  France,  Hol- 
land, and  Germany,  the  consequent  nullity  of  our  commerce  with  those  countries,  and  the  conquest  by  Great  Bri- 
tain of  their  colonies,  still  more  lessens  the  proportion  of  foreign  articles  which  may  be  imported  from  other  coun- 
tries than  the  British  dominions. 

It  is,  therefore,  evident,  that  the  amount  of  duties  on  importations  will  be  more  than  doubled  in  the  event  of  a 
suspension  of  the  non-importation,  and  that  they  will,  whilst  that  suspension  continues,  afford  a  revenue,  at  least, 
equivalent  to  the  estimated  amount  of  the  proposed  direct  tax,  internal  duties,  additional  tonnage,  and  diminution 
of  drawbacks.  All  these  may  be  dispensed  with,  so  long  as  the  suspension  continues,  provided  that  the  contemplat- 
ed increase  of  one  iiuudred  per  cent,  on  tiie  duties  on  importations  shall  take  place. 

It  is  not  believed  that  tiie  result  would  be  materially  affected  by  a  modification,  or  partial,  instead  of  an  absolute, 
suspension  of  the  non-importation:  for  the  amount  of  importations  would  be  principally  regulated  by  the  amount 
of  American  funds  already  in  England,  and  by  the  subsequent  consumption  ot  American  produce  in  Great  Britain, 
Spain,  and  Portugal,  and  the  British  West  Indies,  respectively.  If  a  discrimination  be  thought  eligible,  it  would 
seem  that  the  articles  entitled  to  preference  are  colonial  produce,  i)articularly  rum,  coarse  woollens,  middle  price 
cotton  goods,  Irish  linens,  earthen  and  glass  ware,  hardware  and  manufactures  of  steel,  tin,  brass,  and  copper,  fine 
cloths,  muslins,  plain  cotton  goods,  manutactures  of  silk,  hemp,  flax,  (with  the  above  exception)  and  leather,  paper, 
hats,  shoes,  and  millinery,  may  either  be  altogether  supplied  by  domestic  manufactures  or  dispensed  with. 

The  annual  importations  of  British  colonial  and  domestic  produce  and  manufactures  could  not  be  estimated  at 
less  than  thirty-five  millions  of  dollars.  Supposing  (on  the  same  grounds  on  which  the  other  estimates  of  duties  on 
importation  in  time  of  war  were  made)  tiiat  the  war  and  other  restrictions  should  reduce  the  amount  to  one  half, 
the  proposed  double  duties  collected  on  tiie  revenue  would  produce  a  nett  revenue  of  at  least  five  millions  of  dol- 
lars, and  greater,  therefore,  than  all  the  proposed  internal  taxes  and  duties  and  additional  tonnage  duty. 

Permit  me,  however,  to  observe,  with  respect  to  this  last  duty,  that,  so  far  as  relates  to  foreign  vessels,  tlie  pro- 
posed addition  appears  necessary,  and  is  hardly  suificient  to  compensate  the  great  advantages  which  war  will  give 
them  over  American  vessels,  in  the  American  commerce. 

It  is  proper  to  add,  that  ail  the  bills  for  laying  aiul  collecting  the  direct  tax  and  internal  duties  have  been  prepar- 
ed in  conformity  with  the  former  request  of  the  Committee,  so  that  the  whole  subject  may  be  taken  up  at  this,  or 
any  other  time,  without  any  delay  on  the  part  of  the  treasury.  The  only  detail  on  which  the  information  is  not  as 
complete  as  might  be  desired,  is  that  of  the  quotas  of  the  direct  tax  intended  to  be  laid  on  the  several  counties  in 
each  State.  It  is  also  believed  that  the  system  has  been  prepared  in  such  manner  that  it  may  be  organized,  and  all 
the  taxes  be  in  full  operation,  in  the  month  of  April  next,  provided  the  laws  are  enacted  before  the  commencement 
ot  the  year  1813. 

I  have  the  honor  to  be,  with  ei-eat  respect,  sir,  your  obedient  servant, 

ALBERT  G.\LLATIN. 

Honorable  Langdon  Chevks,  Chaii-man  of  the  Committee  of  Ways  and  Means. 


1813.]  FINEvS,   PENALTIES,   AND   FORFEITURES.  (Jj5 


12th  Congress.]  N^.    390.  [2cl  Session. 


FINES,    PENALTIES,    AND    FORFEITURES,    UNDER    THE    REVENIE    LAWS. 

COMMUNICATED     TO    THE    HOUSE    OF    KEPRESENTATIVF.S,    FEURUAKV    '^7.     1813. 

Mr.  QuiNCY  made  the  following  report: 

The  Committee  appointed  to  inquire  into  the  principles  and  practice  adopted  Ijy  the  Treasuiy  Department  in 
relation  to  the  revenue  hiws.  and  to  the  mitigating  or  remitting  the  fines,  penalties,  and  I'orl'cidires,  accruing  under 
the  same,  having,  in  pursuance  of  that  appointment,  had  an  interview  with  the  Secretary  of  the  TreasuTy.  and 
examined  such  papers  as  they  deemed  necessary  for  the  due  execution  of  tiieir  trust,  addressed  to  liim  a  letter, 
marked  A,  and  received  from  him.  in  reply,  the  letter  marked  B,  with  the  accompanying  docunienl.  All  which  are 
annexed  to  this  report. 

It  appears  to  your  committee,  as  far  as  they  are  enabled  to  judge,  that  the  remitting  and  mitigating  powers, 
exercised  by  the  Treasury  Deparimeiit,  have  been  used  in  a  tnaimer  liberal  and  just.  Youi-  (^oinnuttee  have  not 
deemed  it  their  duty,  from  the  terms  of  their  authority,  to  enter  into  the  consideration  of  the  expediency  of  reliev- 
ing the  Treasury  Department  from  the  burden  of  exercising  this  discretion.  In  some  coinmeicual  coiunuinities,  a 
similar  discretion  is  invested  in  a  board  of  commissioners,  whose  numerous  members  form  a  check  upon  each  otiiei-, 
and  the  publicity  of  whose  proceedings  preserve  their  decisions,  uniler  the  scrutiny  of  the  public  eye.  and  the 
wholesome  control  of  public  opinion. 

Your  Committee  report  to  the  House  the  annexed  papers,  as  the  result  of  their  inquiry. 


House  ok  Representatives.  Janxcmi  2-2fI,  1813. 
Sir: 

Tlie  Committee  appointed  to  inquire  into  the  principles  and  practice  adopted  by  the  Treasury  Department  in 
relation  to  the  revenue  laws,  and  to  the  mitigating  or  remitting  the  fines,  penalties,  and  forfeitures,  accruing  under 
the  same,  have  directed  me  to  request  such  an  elucidation  of  the  general  construction  given  by  that  Departinent.  of 
its  powers  in  relation  to  that  subject,  as  may  indicate  the  principles  by  which  it  has  been  regulated.  They  particu- 
larly have  authorized  me  to  desire  an  answer  to  the  following  iiuiuiries: 

Whether,  in  cases  of  "intention  of  fraud'*  existing-,  the  Department  deems  itself  authorized  either  tu  remit,  or 
mitigate? 

Whether,  in  cases  of  "  wilful  negligence'"  existing,  the  Department  deems  itself  authorized  either  to  remit,  or 
mitigate? 

Whether,  in  cases  where  neither  one  nor  the  otl-.er  exists,  the  Department  deems  itself  at  liberty  to  inflict  the 
whole  penally,  or  any  part  of  it? 

If  the  Department  has  deemed  itself  at  liberty,  in  cases  where  no  "  wilful  negligence''  and  no  "  fraud''  has 
existed,  to  inflict  the  whole  penalty,  or  finfeiture,  or  any  part  of  either,  then  the  Committee  have  directed  ine  to  in- 
quire by  u'ha:  general  principles  its  decision,  in  such  cases,  has  been  regulated? 

Particularly,  \vhether  the  Department  has  deemed  itself  confined,  in  relation  to  such  cases,  to  such  a  mitigation  of 
the  penalty,  or  forfeiture,  as  might  include  the  mere  incidents  of  the  prosecution,  and  the  "  lerms  and  conditions" 
<Mi  which,  haviiri;  reference  to  sucii  incidents,  it  should  be  made  to  cease;  or,  whether,  in  relation  to  such  cases,  it 
has  deemed  itself  at  liberty  to  take  into  consideration  other  circumstiinces,  such  as  the  profits  of  tlie  treasury,  the 
gains  of  the  individual,  the  like,  or  other  considerations,  in  estimating  th.'  amount  of  the  penalty  or  forfeiture  to 
be  exacted. 

'Fhe  Committee  having  perceived  that,  in  certain  cases,  where  '"  wilful  negligence  and  fraud"  were  stated  not  to 
exist,  die  condition  of  release  has  been  on  the  payment  of  "  costs  and  c/iarffes,  and  a  certain  per  cen!agc,for  the 
use  of  the  United  Slates,  in  addition  to  tlie  duty  established  by  law,  they  have  uirected  me  to  inquire  by  what  prin- 
ciples this  levy  has  been  regulated?  Towhat  cases  it  has  been  applied?  And  what  has  been  the  gain  to  the  United 
States  by  such  payments  of  per  centage? 

The  Committee  also  request  a  general  statement  of  thi>  fines,  penalties,  and  tiK'feitures,  received  by  the  Treasury 
Department  since  the  date  of  the  establishment,  and  the  expenses  which  have  occui-red  on  prosecutions  for  them. 

The  Committee  will  be  happy  to  receive  any  elucidation  which  the  above  inquiries,  or  any  otlier  considerations, 
C'liuiected  with  the  subject,  may  suggest. 

I  am.  sir.  respectfully,  your  oijedietit  servant. 

JOSIA}(  QUIXCY. 

Hon.  Albert  Gallatin,  Secretary  of  the  Treasury  of  tlie  I  nited  States. 


B. 

Trkasurv  DnpARTMENr.  February  1-2,  1813. 
>ir: 

The  pressure  of  current  business  has  prevented  an  earlier  answer  to  your  letter  of  2'2d  ultimo.  The  tenor  of 
some  of  the  queries  therein  containetl,  renders  it  necessary  to  premise  some  observations  on  the  object  and  obvious 
construction  of  the  law,  which  authorizes  remissions  or  mitigations  (if  fines,  penalties,  and  forfeitures. 

In  almost  every  penal  code,  the  law  fixes  the  maximum  of  the  fine  which  may  be  inflicted  fi)r  oft'ences  made 
punishable  by  the  payment  of  money,  and  leaves  it  discretionary  with  the  court  to  prescribe,  in  every  case,  accord- 
ing to  its  circumstances,  the  sum,  not  exceeding  that  maximum,  which  shall  be  paid  by  the  offender.  In  the  ie\enue 
and  restrictive  laws  of  the  United  States,  the  fines,  or  forfeitures,  which  may  be  incurred  by  reason  of  any  inirac- 
tion  of  those  laws,  are  made  absolute;  and  the  power  to  mitigate,  and  even  to  remit  the  whole  amount,  has,  it  is 
presumed,  for  the  sake  of  uniformity,  been  vested,  under  certain  limitations,  in  the  Secretary  of  the  Treasuiy. 
it  is  enacted  that  he  shall  have  power  "  to  mitigate  or  remit  such  fine,  forfeiture,  or  penalty,  (or  remove  such  dis- 
ability) or  any  part  thereof,  if,  in  his  opinion,  the  same  shall  have  been  incurred  witliout  wilful  negligence,  or  any 
intention  of  fraud  in  the  person  or  persons  incurring  the  same;  and  Indirect  the  prosecution,  if  any  shall  have  been 
instituted  for  the  recovery  thereof,  to  cease  and  be  discontinued,  upon  such  terms  or  conditions  as  he  may  deem 
reasonable  and  just." 

Since  the  Secretary  of  the  Treasury  is  not  authorized  to  remit,  or  even  to  mitigate,  unless  there  has  been  neither 
intention  of  fraud,  nor  wilful  negligence,  it  necessarily  follows,  that,  by  the  w(uds  icilfid  ur^i^-lig-cncc.  is  meant  only 
such  flagrant  and  voluntary  infraction  of  the  laws  as,  though  not  implying  fraud,  properly  so  called,  i:-.  by  the  statute, 
considered  as  tantamount  to  liaud,  and  therefore  precluding  any  remission,  or  even  mitigation  of  the  penalty 
incurred. 

Since  the  power  to  remit  in  part,  or  to  mitigate,  which  is  precisely  the  same  as  a  power  to  enforce  a  part  of  the 
penalty,  not  only  may  be  exercised  in  cases  which  fall  short,  in  the  words  of  the  statute,  of  intention  of  fraud,  or 


616  FINANCE.  [1813. 

of  wilful  negligence,  but  is  limited  to  such  cases  alone?  it  necessarily  follows  that  the  statute  contemplates  offences 
implying  a  certain  degree  of  guilt,  and  reciuiring  a  punishment  less  than  the  whole  amount  of  the  penalty  incurred, 
although  there  has  been,  in  persons  incurring  such  penalty,  neither  intention  of  fraud,  nor  what  is  there  called  wilful 
negligence. 

It  is  evident,  from  the  tenor  of  the  statute,  that  it  describes  two  classes  of  offences:  1st,  such  as  imply  fraud,  or 
(to  use  the  expression)  stahite  wilful  negligence,  and  which  shall  be  punished  by  the  infliction  of  the  whole  amount 
of  the  fine,  penalty,  or  forfeiture  incurred.  2dly,  such  as  imply  neither  fraud  or  statute  wilful  negligence,  to  which 
alone  the  power  to  remit,  or  to  mitigate,  can  be  applied. 

That  the  last  class  embraces  two  species  of  infractions:  1st,  such  as,  falling  short  of  the  highest  degree  of  offence, 
which  precludes  even  a  mitigation,  must,  however,  render  the  party  liable  to  a  partial  payment  of  the  penalty  in- 
curred. '3dly,  such  as,  from  involuntary  and  unimportant  omissions,  have  made  the  party  legally  liable  to  the 
penalty,  but  wheie  such  penalty  should,  in  equity,  and  may,  without  weakening  the  execution  of  the  laws,  be  alto- 
gether remitted;  and  that  the  authority  vested  in  the  Secretary  of  the  Treasury  is  applicable  only  to  that  class  of 
offences,  which  imply  neither  fraud  nor  statute  wilful  negligence,  and  consists  in  graduating  the  amount  of  penalty 
which  it  may  stdl  be  proper  and  necessary  to  enforce,  or  in  granting  an  unqualified  remission,"according  to  the  nature 
of  the  case. 

This  exposition  of  the  law  affords  a  ready  answer  to  the  general  queries  proposed  by  the  committee,  and  was 
thought  necessary,  because  it  was  apprehended  that  some  erroneous  view  of  the  subject  and  meaning  ot  the  law 
might  result,  from  not  pai'ticularly  attending  to  the  restricted  sense  affixed  to  the  words  '•  wilful  negligence,''^  bj-  the 
statute. 

It  was  apprehended  that,  on  a  first  impression,  the  position  may  have  been  assumed,  either,  that  the  power  to 
enforce  a  part  only  of  the  penalty  did  not  exist,  although  that  power  be  expressly  implied  in  ihaXoi  mitigating,  and 
remitting  in  part ,  or  that  it  could  not  be  exercised  in  cases  where  there  was  neither  fraud,  or  statute  wilful  negli- 
gence, although  this  authority  be,  by  the  statute,  expressly  confined  to  such  cases  alone. 

To  the  three  first  queries  of  the  committee,  it  is,  therefore,  answered: 

1.  That  the  Secretary  of  the  Treasury  does  not  consider  himself  authorized,  either  to  remit  or  to  mitigate,  in 
cases  where,  in  his  opinion,  there  has  been  either  intention  of  fraud,  or  (statute)  wilful  negligence. 

2.  That  he  does  not  consider  himself  authorized  to  inflict  the  whole  penalty,  in  cases  where,  in  his  opinion, 
there  has  been  neither  intention  of  fraud,  or  (staljttej  wilful  negligence. 

3.  That  he  does  consider  himself  authorized,  when,  in  his  opinion,  necessary  and  proper,  to  enforce  a  part  of  the 
penalty  in  some,  and  to  require  the  payment  of  costs  in  all  the  cases  where,  in  his  opinion,  there  has  been  neither 
intention  of  fraud,  or  (statute)  wilful  negligence. 

The  fourth  query  of  the  conmiittee  is  to  the  following  effect: 

By  what  general  principles  has  the  decision  of  the  Treasury  been  regulated  in  cases  where,  there  being  no  fraud 
or  (statute)  wilful  negligence,  a  part  of  the  penalty  or  forfeiture  has  nevertheless  been  enforced.'  "  Particularly, 
Whether  the  Department  has  deemed  itself  confined,  in  such  cases,  to  such  a  mitigation  of  the  penalty,  or  forfeiture, 
as  might  include  the  mere  incidents  of  the  prosecution,  and  the  '  terms  and  conditions'  on  which,  having  reference 
to  such  incidents,  it  should  be  made  to  cease;  or,  whether,  in  relation  to  such  cases,  it  has  deemed  itself  at  liberty  to 
take  into  consideration  other  circumstances,  such  as  the  profits  of  the  treasury,  the  gains  of  the  individual,  the  like, 
or  other  considerations,  in  estimating  the  amount  of  the  penalty,  or  forfeiture,  to  be  exacted." 

From  what  has  already  been  stated,  it  follows,  that,  if  by  "  incidents  of  prosecution,"  and  terms  and  conditions 
connected  therewith,  the  payment  of  costs  only  be  meant,  the  Treasury  (with  the  exception  of  a  few  cases  o( 
great  hardship)  has  required  such  payment  in  all  cases  of  remission  or  mitigation,  and  has  not  deemed  itself  confined 
to  such  payment  in  those  cases  where  it  appeared  necessary  and  proper  to  enforce  a  part  of  the  penalty  or  fortiiiture. 
The  statute  grants,  in  that  respect,  two  distinct  powers — that  of  prescribing  the  terms  and  conditions  on  which  pro- 
secutions shall  be  discontinued;  which,  of  course,  embraces  the  payment  ot  costs  and  other  incidents  of  prosecution, 
and  that  of  mitigating  or  remiting,  only  in  part,  the  penalty.  Which  last  authority  would  be  nugatory,  and  would 
not,  therefi)re,  have  been  given,  had  the  law  intended  to  confine  the  effect  of  that  authority  to  the  costs,  or  other 
similar  incidents  of  prosecution;  these  being  embiaced  by  another  part  of  the  enacting  clause. 

In  deciding  on  those  cases  to  which  the  power  of  remitting,  in  whole  or  in  part,  does  apply,  and  in  graduating 
the  amount  of  penalty  enforced,  in  those  where  it  appeared  improper  to  grant  an  unqualified  remission,  the  Treasury 
has  been  invariably  governed  by  three  principles: 

1st.  Eiiforcing  the  laws.  Otlly.  Reducing  the  penalty  to  that  amount,  and  requiring  only  that  portion  which  ap- 
peared sufficient  for  the  purpose  of  preventing  infractions.  Sdly.  Uniform  rules  of  decision,  so  far  as  the  diversity 
of  cases  rendered  them  practicable.  In  the  application  of  those  principles  to  individual  cases,  several  circumstances 
have  naturally  been  taken  into  consideration,  such  as  the  degree  of  negligence  manifested  by  the  party;  the  import- 
ance, for  the  safety  of  the  revenue,  of  the  particular  provision  which  had  been  infringed;  the  encouragement  due  to 
the  vigilance  of  the  officers;  and,  v/hen  necessary,  for  the  purpose  of  checking  illegal  importations,  the  profit  derived 
from  the  transaction. 

The  gain  of  the  treasury  never  had  any  influence  on  any  rlecision,  or  has  even  been  thought  of.  The  portion  of 
a  mitigated  penalty  sometimes  happens  to  be  paid  into  the  treasury,  because  the  law  had  made  one-half  payable 
there,  if  not  mitigated.  The  decisions  of  the  Treasury  never  can  add  any  thing  to  the  amount  actually  forfeited, 
and  otherwise  legally  payable;  and  whenever  a  mitigation  takes  place,  it  operates  as  a  deduction  from  such  payment. 
If  it  ever  should  be  attempted  to  draw  a  revenue  from  forfeitures  and  penalties,  it  will  be  done  by  giving  to  tiie  sta- 
tute a  construction  precisely  ihe  reverse  of  that  now  adopted.  Instead  of  restricting  the  words  "  wilful  negligence" 
to  flagrant  infractions,  tantamount  to  fraud,  as  is  now  done  in  conformity  with  the  obvious  meaning  of  the  statute, 
let  those  expressions  recei\c  that  construction  of  which,  in  common  parlance,  they  are  susceptible;  let  every  negli- 
gence, however  uniiiipiirtant.  provided  it  be  accompanied  with  an  act  of  the  will,  be  called  '■  wilful  negligence," 
and  every  penalty  which  has  been  mitigated,  togedier  with  many  of  those  which  have  been  remitted  in  full,  will  fall 
in  the  class  of  those  on  which  no  remission  can  begranteil.  With  that  construction,  instead  of  the  trifling  amount 
■which  has  been  paid  into  the  treasury  for  the  share  of  the  Uniteil  States,  in  mitigated  penalties,  which  have  been 
enforced  in  part,  not  less,  probably,  than  two  millions  of  ilollars,  remitted  by  those  decisions,  would  have  been  legal- 
ly exacted.  The  exposition  of  the  law,  and  the  preceding  arguments,  have  been  adduced  only  in  proof  of  the  cor- 
rectness of  the  principles  which  have  been  adopted  in  mitigatfng  penalties:  for,  in  point  of  fact,  the  portion  which 
has  been  paid  on  that  account,  in  the  treasury,  is  so  inconsiderable,  that,  if  known,  it  never  could  have  been  sup- 
posed that  what  is  called  the  gain  of  the  treasury  had  the  smallest  eftect  on  the  decisions. 

The  whole  number  of  decisions,  since  the  present  Secretary  of  the  Treasury  has  filled  that  office,  viz:  from  the 
11th  of  May,  1801,  to  the  Itth  of  December,  181-J,  amounts  to  1,2^7.  In  ninety-two  of  these  cases,  there  being,  in 
the  opinion  of  the  Treasury,  intent  of  fraud,  or  (statute)  wilful  negligence,  no  remission  could  be  granted.  Ottlu- 
1.205  other  cases,  to  which  the  power  of  remitting  in  whole,  or  in  part,  applied,  there  have  been  888  in  which  an  ab- 
solute remission  has  been  granted,  generally  on  payment  of  costs;  and  317  have  been  mitigated.  In  about  two- 
thirds  of  these,  nothing  more  has  been  inflicted  than  the  payment  of  sums,  generally  inconsiderable,  to  the  uscofthe 
custom  house  oflicers.  Of  the  residue,  there  are  27,  consisting  of  three  embargo  cases,  and  of  24  cases  of  illegal  im- 
portations, principally  from  Amelia  island,  or  in  vessels  at  sea  when  war  was"  declared,  in  which  the  decision  has 
been.  that,  from  the  nett  proceeds  of  sales,  the  costs,  and  (in  the  cases  of  importation)  the  duties  in  force,  when  the 
decisions  took  place,  should  be  deducted:  that  the  residue,  if  not  exceeding  the  prime  cost,  freight,  insurance,  and 
other  charges,  should  be  paid  to  the  claimants,  and  that  the  surplus,  if  any,  should  be  distributed  in  the  same  man- 
ner as  the  whole  forfeiture,  if  enforced,  would  have  been.  In  one  of  those  cases,  150  dollars  have  been  paid  into  thv 
treasury.  It  is  ascertained  that,  in  many  of  them,  there  is  no  surplus;  and  the  same  result  is  anticipated  in  m,)-t 
others.     In  67  other  cases,  hereafter  stated,  in  answer  to  the  last  query  of  the  committee,  the  whole  amount  paid 


1813.] 


FINES,   PENALTIES,    AND    FORFEITURES. 


617 


into  the  treasury  falls  sliort  of  four  thousaml  dollars.  There  may  be  eight  or  ten  more  cases  of  miti°;ations,  in 
which  some  payments  have  been,  or  may  be,  maile  into  the  treasury,  and  which,  not  l)eing  sufficiently  designated  in 
the  register  of  decisions,  could  not  be  ascertained  without  a  critical  examination  of  all  the  original  papers.  The 
amount  of  penalties  and  forfeitures  actually  paid  into  the  treasury,  and  whicii  is  hereafter  stated,  arises,  almost 
exclusively,  from  cases  of  fraudulent  infractions  of  the  laws,  on  whicli  no  remission  whatever  could  take  place,  and, 
in  most  of  which,  no  application  has,  of  course,  been  made  to  the  treasury. 

The  last  query  of  the  Committee  relates  to  the  principles  and  amount  of  mitigations  where  a  certain  per  centage 
has,  in  addition  to  tiu;  duties  established  by  law,  been  reijuired  for  tiie  use  of  the  United  States. 

In  cases  where  a  tiiie  is  mitigated,  it  is  always  done  by  fixing  a  sum  of  money  less  than  tiie  fine.  When  a  for- 
feiture is  mitigated,  it  is  niore  consistent  with  the  spirit  of  the  law  that  the  reduced  payment  which  is  reciuired 
should  still  be  in  proportion  to  the  value  of  the  whole  forfeiture  incurred.  'I'iiis  principle  has  been  adopted  in  those 
cases  designated  as  having  been  mitigated,  by  recpiiring  the  payment  of  a  per  centage.  All  those  which  have  been 
ascertained,  amount  to  sixty -seven,  as  already  stated,  and  consist  ot  two  classes. 

1.  The  first  partial  non-importation  act  took  effect  on  the  first  day  of  July,  1808.  The  following  rules  were 
adopteil  with  respect  to  subsequent  importations,  not  fraudulent,  and  susceptible  of  remission  or  mitigation.  An 
absolute  remission  was  granted  on  all  impoi'tations  in  vessels  which  had  sailed  Irom  a  British  port,  prior  to  llie  1st 
of  June,  1808.  on  the  ground  that  there  was  a  possibility  of  their  arrival  prior  to  the  time  when  the  law  took  eftect. 
The  forfeiture  was  mitigated  in  the  subsequent  cases,  and  no  greater  portion  required  than  what  appeared  absolutely 
necessary  to  prevent  continual  infractions.  For  that  purpose,  the  forfeiture  was  reduced  to  the  payment  of  a  sum 
equal  to  double  the  amount  of  the  legal  duties,  to  be  divided  as  the  forfeiture  itself,  if  enforced,  would  have  been. 
But  that  sum  was  levied  only  on  the  articles  actually  prohibited,  and  not  on  those  otherwise  admissible,  and  belong- 
ing to  the  same  owners,  though  they  were  also  forfeited  by  the  law.  There  were  37  cases  of  tiiis  description.  It  ha> 
been  ascertained  that  the  sum  paid  in  the  treasury,  on  30  of  them,  amounts  to  $1,646  and  14  cents.  The  sum 
paid  on  the  seven  other  cases,  is  blended,  in  the  collector's  accounts,  with  the  ordinary  duties,  but.  from  the  value 
of  the  merchandise,  is  estimated  to  have  been  less  than  nine  hundred  and  sixty  dollars.  The  forfeitures  remitted 
Ijy  those  same  decisions,  are  believed  to  have  exceeded  half  a  million  of  dollars  in  value. 

3.  The  importation  of  spirits,  porter,  and  refined  sugar,  is  proiiibitetl  in  vessels  or  casks,  of  a  siz.e  less  than  is 
prescribed  by  law.  In  the  first  decisions  made  on  those  cases,  the  condition  of  the  remission  was,  that  the  articles 
imported,  contrary  to  law,  should  be  re-exported,  without  giving  any  other  option  to  the  owners.  The  only  excep- 
tion, whilst  that  rule  prevailed,  is  Gillespie's  case,  where  the  spirits  had  been  sold  by  order  of  court,  prior  to  the 
application  for  a  remission  being  made.  The  condition  of  j)aying  one-fourth  part  of  the  proceeds  was  substituted  to 
that  of  re-exportation,  which  had  become  impracticable.  The  share  of  the  United  States,  contrary  to  what  was  in- 
tended, did  not,  in  that  case,  cover  the  legal  duties.  It  being,  from  experience,  ascertained  that  the  condition  of  an 
absolute  re-exportation  was  sometimes  impracticable,  and,  in  most  cases,  more  severe  than  was  re(iuired  for  the  pur- 
pose of  preventing  infractions  of  the  law,  an  alternative  was  added  to  that  condition,  by  leaving  it  optional  w  ith  the 
claimants,  if  they  did  not  re  export,  to  pay  a  certain  sum.  which,  after  some  variations,  was  fixed  at  the  rate  of  five 
cents  per  gallon  of  spirits,  for  the  use  of'  the  United  States,  in  addition  to  the  legal  duties.  But,  in  all  the  cases,  twu 
only  excepted,  where  the  omission  arose  from  inadvertence  in  filing  tiie  decisions,  the  condition  of  the  re-exportation 
lias  always  been  preserved,  and  the  pnymeiit  aforesaid  imposed  only  in  case  of  not  complying  with  that  condition. 
The  cases  of  this  description,  in  which  any  money  may  have  been  paid  in  the  treasury,  amount  to  tiiirty.  The 
actual  payments  being  blended  with  the  accounts  of  duties,  cannot  be  ascertained.  But  the  amount  of  spirits,  por- 
ter, and  sugar,  embraced  by  those  cases,  have  been  ascertained,  from  the  applications  for  remission;  and  it  appears 
that,  if  nopart  has  been  re-exported,  and  if,  in  every  instance,  the  parties  have  preferred  to  pay  the  sum  to  which  the 
forfeiture  was  reduced,  the  whole  amount  paid  in  the  treasury  cannot  have  exceeded  1.400  dollars,  and  may, 
therefore,  have  been  less. 

A  general  statement  of  all  the  fines,  penalties,  and  liirfeitures,  paid  by  the  collectors  in  the  treasury,  fiom  the 
1st  January,  1794,  io  the  31st  December,  1811,  and  amounting  to  $253,508  05,  is  enclosed-  The  expenses  of  pro- 
secution in  those  cases,  as  paid  by  the  marshals,  cannot  be  discriminated  from  the  general  expenses  paid  generally 
for  jurors,  witnesses,  and  all  other  exjjenses  incitlent  to  the  prosecutions  of  every  species  of  offences  against  the 
United  States,  including  the  safe-keeping  of  prisoners.  Tiie  aggregate  of  all  these  amounts,  for  the  same  period,  as 
appears  by  tiie  annexed  statement,  to  $857,206  69.  Tlieie  can  be  no  doubt  tiiat  the  portion  expended  in  prosecuting 
for  the  offences  against  the  revenue  and  restiictive  laws  under  wliicli  tiie  abovementioneil  fines,  penalties,  and  for- 
feitures, have  been  incurred  and  paid,  considerably  exceeds  the  amount  actually  recovered  and  paid  in  tiie  trea- 
sury: and  tiiat  those  penalties  have  never  been  a  source  of  revenue,  nor  been  sufficient  to  defray  the  expenses  of 
prosecution:  for  whicli  object  they  are  exclusively  appropriated  by  law. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  obedient  servant, 

ALBERT  GALLATIN. 

Honorable  JosiAH  Qlincv,  Chairman. 


Nett  .amount  of  fines, 

Expenses  paid  b\'  mar- 

Nett amount  of  fines. 

Expenses  paid  bv  mar- 

penalties and  forfeitures, 

shals  for  witnesses,  ju- 

penalties, and  forfeit- 

shals for  witnesses,  ju- 

TEAHS. 

paid  into  tlic  treasury  bv 

rors,  and  all  other  ex- 

lEABS. 

ures,  paid  into  the  trea- 

rors, and  all  other  ex- 

collectors. 

penses  of  prosecutions. 

sury  by  collectors. 

penses  of  prosecutions. 

1794 

$1,660  90 

$18,435  22 

1804 

$8,811   55 

$36,208  66 

1795 

2.986  91 

22,806  79 

1805 

4,310  34 

49,882  21 

179G 

2,065  60 

31,825  88 

1806 

3,661    93 

55,735  71 

1797 

11,046   10 

26,528   12 

1807 

4,025  51 

95,479  59 

1798 

8,015   13 

16,947  42 

1808 

8,494  52 

67,454  40 

1799 

10.111   33 

36,449  70 

1809 

32.531    18 

81.737  22 

1800 

10.948  39 

50,026  34 

I.slO 

59,814   49 

77.944    13 

1801 

20,866  31 

34,456  82 

1811 

33,900  08 

66.990  03 

1800 
1803 

16,193  07 
14,064  71 

46,857  02 
41.441   43 

$253,508  05 

$857,206  69 

618 


FINANCE. 


[181^ 


12th  Congress.] 


No.  391. 


[2(1  Session. 


REMISSION   OF   FORFEITURE. 

COJIMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    1,    1813. 

Mr.  Cheves,  from  the  Committee  of  Ways  and  Means,  to  whom  was  relened  the  petition  of  Thomas  Vincent,  of 

Charleston,  South  Carolina,  made  the  following  report: 

That  the  facts  concerning  this  petition  are  contained  in  certain  documents  which  accompany  the  petition,  in  a 
letter  from  the  Secretary  of  the  Treasury  to  the  chairman  of  the  committee,  on  the  subject  ol  the  said  petition,  and 
in  a  letter  from  the  Secretary  of  the  Treasury  to  the  collector  of  the  port  of  St.  Mary's,  in  Georgia;  all  ol  which  are 
herewith  reported. 

That  it  appears  the  petitioner  applied  to  the  Secretary  of  the  Treasury,  under  his  ordinary  powers,  for  relief  from 
penalties  and  forfeitures  incurred  by  the  importation  of  British  manufactures  from  the  Spanish  dependencies,  and 
that,  under  the  said  application,  the  Secretary  has  linally  and  definitively  decided,  from  which  decision  the  petitioner 
prays  to  be  relieved. 

The  committee,  therefore,  without  inquiring  into  the  merits  of  that  decision,  are  ()f  opinion  that  it  would  be 
improper  and  impolitic  to  revise,  by  an  act  of  legislation,  a  decision  thus  finally  and  definitively  made.  The  Com- 
mittee, therefore,  recommend  the  loUowing  resolve: 

Resolved,  That  the  prayer  of  the  petition  be  not  granted. 


Treasury  Department,  February  \st,  1813. 


Sir: 


1  have  the  honor  to  return  Thomas  Vincent's  petition,  and  the  accompanying  documents. 

The  circumstances  under  which  possession  was  taken  of  Amelia  island  are  known  to  the  committee.  As  soon 
as  the  fact  was  known  at  the  treasury,  a  letter,  a  copy  of  which  is  enclosed,  was  written  to  the  collector  of  St. 
Mary's,  enjoining  on  him  to  continue  to  consider  Amelia  island  as  a  foreign  port.  All  the  acts  of  the  late  Governor 
Mathews,  respecting  the  taking  possession,  what  is  called  the  capitulation,  the  asking  bonds  for  Spanish  duties,  and 
the  advice  to  masters  of  vessels  and  others,  to  proceed  with  prohibited  merchandise  to  the  United  States,  were 
altogether  unautlioriz,ed  and  illegal.  _ 

The  most  valuable  cargo  then  in  Amelia  island's  harbor,  was  tiiatol  Mr.  Stephen  Guard's  vessel,  which,  together 
with  two  or  three  more,  proceetled  to  the  Delaware,  where  they  have  been  seized  and  libelled.  The  parties  have 
not  applied  fin-  a  remission,  but  contend  that  they  have  incurred  no  forfeiture:  and  the  suits  are  still  pending.  The 
cargoes  have,  notwithstanding  the  opposition  of  Government,  been  restored  to  the  parties,  on  giving  bond  for  the 
appraised  value,  which  is  undei'Stood  to  have  been  the  prime  cost.  It  has  been  stated,  but  whether  correctly  I  can- 
not vouch,  that  Mr.  Girard's  bond  for  the  ship  and  caigo  is  $296,000;  and  that  tlie  cargo  was  sold   for  more  than 

$600,000.  .  ,  •  .     , 

The  following  eight  cases  are  the  only  ones,  (those  just  now  mentioned  excepted)  m  winch  prohibited  goods,  to 
my  knowledge,  have  been  imported  irom  Amelia  island  since  possession  was  taken  by  Governor  Mathews.  In  all 
of  them  application  was  made  for  a  remission  ol  the  forfeiture;  and  this  was.  in  all  the  cases,  granted,  on  the  same 
conditions  as  in  the  case  of  Thomas  Vincent,  which  is  in  the  possession  of  the  committee. 


Names  of  the  petitioners. 


Thomas  Vincent, 

Micah  Stone,  for  P.  Chase, 

John  Hasle(,and  J.  M.Clark, 

Sylvanus  Howett, 

'I  homas  Cross,    -        -        - 

R.  Richardson  and  J.  Bolton, 

Strobel  &  Aspinal. 

James  Blair  and  J.  Napier, 


Ship  Nautilus, 
Ship  Eclipse.    - 
Ship  Charlotte. 
Ship  Julia, 
Brig  Union, 


South  Carolina, 
Georgia,  ■ 
South  Carolina. 
Norfolk,  - 
Portland. 
St.  Mary's,      - 

Do. 

Do.       - 


July  8,  181-2. 
July  8,  1812. 
July  9,  1812. 
July  13,  1812. 
Augu-;t  6.  1812. 
Oct".  23,  1812. 
Dec.  14,  1812. 
Dec.  14,  1813. 


In  the  three  last  cases  the  merchandise  was  brought  in  boats  across  the  St.  Mary's  river. 

As,  in  the  case  of  the  petitioner,  the  merchandise  sold  for  less  than  the  prime  costand  double  duties,  it  is  only  that 
part  of  the  decision  which  imposed  those  duties  of  which  he  complains.  On  that  subject  I  will  only  observe,  that 
the  merchamlise  in  that  and  all  the  other  cases  could  not  be  legally  admitted  to  entry  till  alter  the  remission  ol  the 
forfeitures,  all  of  which  were  remitted  subsequent  to  the  first  day  of  July,  and  after  the  passing  ol  the  act  of  Con- 
gress imposing  the  double  duties.  That  condition  appearerl  equally  consistent  with  equity,  and  with  the  law  then  in 
force.  With  respect  to  the  bonds  given  at  Amelia  island  to  an  unauthorized  person,  it  is  evident  that  they  are  a 
perfect  nullity,  and  cannot  be  recovered  from  the  petitioners. 

!t  may  not  be  improper  to  add,  that  the  same  rule  of  decision  has  been  adopted,  and  the  lorteitures  remitted 
precisely  on  the  same  terms  as  in  the  case  of  the  "  Nautilus,"  in  the  following  cases,  viz: 

1.  Brig  South  Carolina,  arrived  at  Charleston,  from  Calcutta,  remitted  on  13th  July,  1812:  the  circumstances 
of  which  case  were  stated  in  my  letter  of  1 0th  December  last,  to  the  Committee  of  \A'ays  and  Means. 

2.  Two  cases  of  merchandise,  imported  from  Canada,  subsequent  to  the  declaration  of  war,  under  the  apprehen- 
Mon  of  danger  from  the  enemy,  viz:  furs,  by  J.  Jacob  Astor,  remitted  October  13th,  1812,  and  merchandise  by 
David  Vantine,  remitted  November  17th,  1812.  Should  the  bill,  intended  for  the  reliet  ol  importers  Irom  the  Bri- 
tish provinces,  since  the  declaration  of  war,  be  rejected  by  Congress,  the  same  rule  of  decision  which  has  been  adopted 
in  those  two  cases  would  be  applied  to  all  the  others. 


1813.] 


THE   MINT. 


619 


."?.  Nine  vessels,  which,  being  either  on  the  coast,  waiting  for  oi-flers.  or  at  sea,  bound  to  foreign  ports,  and  being 
informed  of  the  war,  came  into  the  ports  ot  the  United  States  to  avoid  capture  by  the  enemy,  viz: 


Names  of  petitioners. 


Stephen  Higginson,jr. 
Samuel  Singleton, 
Edward  Howe,  jr.     - 

John  S.  Trott,  I 

M.Blake  and  others,  3 
John  Patrick,  ^ 
John  Baker,     3 


Names  of  vessels. 


Where  from. 


Schooner  Mary, 
Ship  South  Carolina, 
Ship  Charleston  and 

Liverpool   packet,  j  Liverpool, 


Liverpool, 
Algeziras, 


J. 


t'liigg. 


John  Patrick,  \ 
Jacob  Fash,     5 
D.  Patch, 
Ph.  Curriei 
John  M'Lean,  ? 
I).  Ellis,  5 


Brig  Thomas.  - 

Brig  Taber, 
Ship  Jason, 
Brig  Kmeline, 

Brig  Nymph,  - 

Brig  Wm.&  Martha, 


Ditto.      - 

Montego  Bay. 
I..iverpoo], 
Jamaica,  - 

Martinique, 

I^iverpool, 


Where  arrived. 


Boston,    - 
Philadelphia,  - 

Norfolk,  - 
Boston,    - 

New  York.      - 
Portsmouth,  N.  H. 
New  York, 

Boston,    - 

Boston,    - 


Date  of  decision. 


13th  July,  1813. 
13th  July,  1812. 

14th  July,  1812. 
14th  August,   1812. 

26th  August.  1812. 
26tli  .\ugust,  1812. 
27th  August,   1812. 

31st  August,  1812. 

12th  October,  1812. 


I  have  the  honor  to  be,  with  respect,  &c.  sir,  your  obedient  servant. 

Honorable  LANCiDON  Cheves, 

Chairman  of  the  Committee  of  ^f-'aya  and  Means. 


ALBERT  GALLATIN. 


Treasury  Department,  ^pril  7th,  1812. 
Sir: 

I  learn  by  a  letter  froni  Mr.  George  Mathews,  that  a  portion  of  East  Florida  has  been  ceded  to  the  United 
States.  Unacquainted  as  I  am  with  the  circumstances  of  that  event,  and  not  being  yet  informed  of  the  manner  in 
which  it  will  be  viewed  by  the  Government  of  the  United  States.  I  can  only  direct  you  to  continue  to  consider,  for 
the  present,  and  until  otherwise  instructed,  every  part  of  East  Florida,  by  whomsoever  possessed,  as  a  foreign  port 
or  place.  I  am,  &c. 

ALBERT  GALLATIN. 

Abrah.^m  Bessbnt,  Esq.  CoUerior  of  St.  Mary's,  Georgia. 


]2th    CoNCillESS.] 


No.  392. 


[2d  Session. 


M  I  N  T. 

COMMlrmCATED  TO  THE  HOUSE  OF   REPRESENTATIVES,  MARCH  2,   1813. 

Treasury  Department,  February  27,  1813. 
Sir.;  ■ 

i  liave  the  honorto  transmit,  herewith,  a  letter  from  the  Comptroller  of  the  Treasury,  accompanied  with  sundry 
statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  "  .A.n  act  establishing  a  mint,  and  regulat- 
ing the  coins  of  the  United  States,''  passed  April  2d,  1792. 

[  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant. 

ALBERT  GALLA  riN. 

The  Honorable  the  Speaker  of  the  House  of  Representatives. 


Treasury  Department,  Comptroller's  Office,  February  27.   ISl.'i. 
Sir: 

The  statements  herewith,  marked  A,  B,  and  C,  have  been  prepared  pursuant  to  the  seventh  section  of  an  act 
of  Congress,  passed  the  2d  of  April,  1792,  entitled  "An  act  establishing  a  mint,  and  regulating  the  coins  of  the  Unite(i 
States."  They  contain  all  the  information,  relative  to  the  transactions  of  the  snint,  which  settlements  made  at  the 
treasury  enable  me  to  afford. 

I  have  the  honor  to  be,  with  great  respect,  your  obedient  servant, 

RICHARD  RUSH. 

Albert  Gallatin,  Esq. 


620 


FINANCE. 


[1813. 


Stcdement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  hands  of  the  officers  qf  the  Mint  on  the  3lst 
of  December,  1811;  the  amount  of  deposites  from  the  1st  of  January  to  the  2\st  of  December,  1812;  the  dij^eretit 
species  of  coiiis  made  and  paid  on  account  of  deposites,  alloicance  for  wastage,  and  the  balance  remaining  in 
the  hands  of  the  officers  of  the  Mint  on  the  i\st  of  December,  1812,  to  be  accounted  for  on  a  future  settlement. 


Balance  of  gold  bullion,  &c.  remaining  in  the  hands  of  the  officeis  of  the  mint 
on  the  31st  December,  1811,     ------- 

Gold  bullion  deposited  from  1st  January  to  31st  December,  1812, 

Total  amount, 

Amount  paid  for  deposites  of  gold,  from  1st  January  to  31st  December,  1812, 
Add  gold  coins  in  the  hands  ot  the  treasurer  of  the  mint  on  the  31st  December, 
1812,      ---------- 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  hands  of  the  treasurer,  on 
the  31st  December,  1811,         .-..---- 

And  this  sum,  being  the  amount  of  treasury  warrant  No.  4,947,  issued  to  cover 
wastage  in  the  coinage  of  gold,  ------ 

Gold  coins  made  at  the  mint  from  January  1  to  December  31,  1812,  viz:  half 
eagles,  58,087.    Weight  and  value,    ------ 

Gold  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  1812, 
Profit  and  loss  account  for  this  sum,  allowed  for  wastage  in  the  coinage  of  gold 
in  1812,  --------- 

As  above,        -  -  . 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint, 
on  the  31st  December,  1811,  ------ 

Silver  bullion  deposited  from  1st  January  to  31st  December,  1812, 

Total  amount. 

Amount  paid  fordeposites  of  silver,  from  1st  January  to  31st  December,  1812, 
Add  silver  coins  in  the  hands  of  the  treasurer  of  the  mint,  deposited  in  the 
Farmers  and  Mechanics' Bank,  on  31st  December,  1812, 

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  hands  of  the  treasurer  of 
the  mint,  31st  December,  1811,  ------ 

Also,  this  sum,  being  amount  of  treasury  warrant  No.  4,947,  issued  to  cover 
wastage  in  the  coinage  of  silver,         ------ 

Half  dollars,  1,628,059.     Weight  and  value,       -  -  -  .  - 

Silver  bullion  in  the  hands  of  the  officers  of  the  mint  on  31st  December,  1812, 

Profit  and  loss  account  for  this  sum,  allowed  for  wastage  in  the  coinage  of  silver 

in  1812,  --------- 

1  As  above,  -  -  . 


Oz.       Dwt.   Gr. 


928     05  05 
16,593     02  03 


17,521     07  08 


Dolls.    CIS.  M. 
31,877     35     0 

1,615     13     0 


oz.     dwt.   gr. 

16,336     19  09 

1,117     11  05 

&(,     16  18 


17,521     07  08 


Dolls.    Cts.   M. 


16,500     40     5 
294,988     40     0 


311,488     80     5 


309,398  31  5 
14,629  16  5 


323,927  48  0 


33,492  48  0 


290,435   0  0 
19,865  59  0 

1,188  21  5 


311,488  80  5 


141,373  07  07 
980,909  03  0 


1,122,282  10  07 


Dolls.  Cts.    M. 
25  0 
2,465  29  5 


oz.  dwt.  gr. 
705,492  04  16 
413,899  12  06 

2,890  13  09 


1,122,282  10  07 


163,121  96  5 
1,131,818  12  0 


1,294,940  08  5 


798,494  88  5 


18,000  16  0 


816,495  04  5 


2,465  54  5 


814,029  50  0 
477,575  22  0 

3,335  36  5 


1,294,940  08  5 


Comptroller's  Office,  February  26,  1813. 


ANDREW  ROSS,  Clerk. 


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FINANCE. 


[1813. 


Summary  statement  exhibiting  the  value  of  Coins  made  at  the  Mint;  the  amount  of  disbursements  on  account  qf 
the  establishment;  the  ajnount  alloivedfor  ivastage;  the  amount  retained  of  deposites;  and  the  amount  gained 
on  the  coinage  of  Copper,  from  the  commencement  of  the  institution  to  the  31s/  December,  1812. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint  to  31st  December, 
1811,     -  - 

Do.  of  gold  coins  made  from  1st  January  to  31st  December,  1812,  per  account 
A,         -  -  - 

Do.  of  silver  coins  made  from  1st  January  to  31st  December,  1812,  per  said 
account,  ---...--. 

Do.  of  copper  coins  made  from  1st  January  to  31st  December,  1812,  per  ac- 
count B,  --------- 

Total  value  of  gold,  silver,  and  copper  coins,  .  -  . 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  31stDecember,  1811, 

per  account  rendered,  -  -  -  - 

Add  amount  gained  on  the  coinage  to  the  same  period,  .  .  . 

From  the  above,  deduct  amount  of  wastage  on  gold  and  silver  to  31st  Decem- 
ber, 1811,  per  account  rendered,        -  -  -  $39,869  81.5 

To  the  above,  add  the  amount  retained  from  deposites  to  the  same 

period,  ---....         4,421  45 


Add  amount  disbursed^on  account  of  the  establishment,  from   1st  January  to 

31st  December,  1812,   -  -  -  - 

Add,  also,  amount  of  wastage  on  gold  and  silver  to  31st  December,  1811, 
Do.        do.        on  gold  and  silver  from  1st  January  to  31st  December,  1812,    - 

From  the  above,  deduct  amount  retained  from  deposites  to  31st  December, 

1811,  -  -  -  -  -  -  -       $4,421  45 

Also,  the  amount  retained  from  1st  January  to  31st  December, 

1812,  -  -  -  -  -  -  -  235  37 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  the 
institution  to  the  31st  December,  1812,  as  per  statement  lierewith,  marked  B, 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the 
commencement  of  the  institution  to  the  31st  December,  1812,  including 
the  cost  of  lots,  buildings,  machinery,  &c.     - 


Dollars.     Cents. 


290,435  00 

814,029  50 

10,755  00 


409,338  84.5 
37,161  97 


446,500  81.5 


35,448  36.5 


39,869  81.5 
4,523  58 


44,393  39.5 


4,656  82 


Dollars.       Cents. 


10,589,153  49 


1,115,219  50 


11,704,372  99 


411,052  45 
20,309  36 


39,736  57.5 


471,098  38.5 
38,847  82 


432,250  56.5 


Comptroller's  Office,  February  26,  1813. 


ANDREW  ROSS,  Clerk. 


13th  Congress.] 


No.  393. 


[1st  SEssiorr. 


STATE   OF   THE    FINANCES. 


COMMUNICATED    TO    THE    SENATE,    ON   THE    3d    OF    JUNE,    1813. 

In  obedience  to  the  act  supplementary  to  the  act,  entitled  "  An  act  to  establish  the  Treasury  Department,"  the 
Acting  Secretary  of  the  Treasury  respectfully  submits  the  following  report: 

The  receipts  into  the  treasury,  from  the  1st  of  October,   1812,  to  the  31st  March,  1813,  have 

amounted  to  .  .  .  .  , 

The  balance  in  the  treasury,  on  the  30th  September,  1812,  was      .... 

Making,  together,    ......... 

The  expenditures,  from  the  1st  October.  1812,  to  the  31st  March,  1813,  have  amounted  to 
Leaving  a  balance  in  the  treasury,  on  the  1st  of  April,  1813,  of    . 


$15,412,416  25 
2,362,652  69 


$17,775,068  94 

$15,919,334  41 
1,855,734  53 


$17,775,068   94 

The  enclosed  statement  (A)  shows,  in  detail,  the  several  sources  from  which  the  receipts  were  derived,  and 
the  branches  of  expenditure  to  which  the  disbursements  from  the  treasury  were  applied. 

Pursuant  to  the  act  of  8th  February  last,  subscriptions  for  a  loan  of  sixteen  millions  of  dollars  were  opened  on 
the  12th,  and  again  on  the  25th  of  March  last.  But,  although  a  thirteen  years'  annuity  of  one  per  cent,  was  offered, 
in  addition  to  a  six  per  cent,  stock  at  par,  for  the  money  which  might  be  subscribed,  it  being  aparent,  from  the 
result  of  the  first  subscription,  that  the  whole  amount  could  not  be  obtained  on  those  terms,  proposals  in  writing 


1813.]  STATE    OF   THE    FINANCES.  G23 


were  invited.  Offers,  exceeding,  by  about  a  million  of  dollars,  the  amount  wanted,  were  received,  some  demandini: 
a  thirteen  years'  annuity  of  one  and  a  half  per  cent,  in  addition  to  six  per  cent,  stock  at  par,  butmost  of  them  re- 
quiring a  six  per  cent,  stock,  at  the  rate  of  88  per  cent.  On  these  terms,  leaving  to  the  subscibers  the  option  the 
loan  was  effected.  ' 

In  conformity  with  the  public  notification,  the  same  terms  were  extended  to  tiiose  persons  who  had  subscribed 
on  the  first  opening  of  the  subscsiption,  and  they  have  the  same  option;  which,  if  the  stock,  at  the  rate  of  88  per 
cent.,  be  taken,  is  equivalent,  precisely,  to  a  premium  of  thirteen  dollars  sixty-three  cent.s  and  seven-elevenths  of 
a  cent,  for  each  hundred  dollars  loaned  to  the  (ioverinnent. 

The  enclosed  papers,  under  the  letter  B,  are  copies  of  the  several  public  notices  given  on  the  sulnect     and  a 
statement  of  the  moneys,  respectively,  obtained  by  open  subscriptions,  and  by  written  proposal^,  and  showin"  also 
the  sums  obtained  and  payable  in  each  place  where  subscriptions  were  opened.  '  '""        ' 

Of  that  sum  of  sixteen  millions  of  dollars,  thus  obtained  on  loan,  there  was  paid  into  the  treasury,  prior  to  the 
Ist  of  April,  1813,  the  sum  of  1,086,737  .^O,  which  makes  a  part  of  the  moneys  received  previously  to'that  day  as 
stated  in  the  statement  A.  *'  ' 

The  resources  for  tiie  residue  of  the  year  1813,  consist  of  the  following  items,  viz: 

1.  The  remainder  of  the  loan  ab;)vementioned,      ......       $1491326250 

2.  The  sums  payable  on  account  of  customs,  and  of  the  sales  of  public  lands,  estimated  at  .  9'320'noo  00 

3.  The  five  millions  of  dollars  in  treasury  notes,  authorized  by  the  act  of  February  25th.   1813,  5'ooo'ooo  00 

Say  $29,230.000  00 

The  expenses  for  the  last  nine  months  of  the  present  year,  arc  calculated  as  followeth,  \\/.: 

1.  Civil  list,  and  all  expenses  of  a  civil  nature,  both  foreign  and  domestic,       .                .                .  $900  000  00 

2.  Payments  on  account  of  the  principal  and  interest  of  the  public  debt,  as  pL'r  estimite  C,  herewith,  10  Sio'ooo  00 

3.  Expenses  on  account  of  the  War  and  Navy  Departments,               ....  17  82o'ooo  00 

$29,230^000  00 

Of  the  sum  of  $1,855,734  5.3.  remaining  in  the  treasury  on  the  1st  of  April  last,  a  small  part  may  be  considered 
as  applicable  to  such  extraordinary  expenses,  already  anthori/.ed,  as  may  arise  during  the  remainder  of  the  year; 
and  for  the  same  object,  the  sum  of  1,000,000  of  dollars,  authorized,  by  an  act  of  the  State  of  Pennsylvip  i;;.  to  be 
loaned  to  the  United  States,  but  which  was  not  offered  in  time  to  be  acce|)teil  as  a  part  of  the  loan  of  Mxteen  mil- 
lions, may  be  considered  as  a  resource. 

In  this  estimate,  the  whole  sum  of  five  millions  of  dollars,  authorized  to  be  issued  in  treasury  notes,  is  taken 
as  a  part  of  the  resources  of  the  present  year.  But,  as  it  is  not  deemed  eligible  to  increase  the  amount  of  treasury 
notes  in  circulation,  and  as  three  millions  only,  of  those  authorized  by  the  act  of  1812,  were  issued  in  that  year, 
and  are  reimbursable  in  the  course  (tf  the  present  year,  it  is  respectfully  suggested  that,  in  lieu  of  issuing  tv/o  millions 
of  the  five  millions  authorized  by  the  act  of  February,  1813,  Congress  should  authorize  an  additional  loan  foi-  the 
same  amount;  it  being  made  a  condition  of  such  loan,  that  its  terms  should  not  be  higher  than  those  of  the  loan  of 
sixteen  millions,  already  effected. 

The  provision  already  considered,  is  for  the  service  of  the  present  year  otdy;  that  which  will  be  necessary  for 
the  year  1814,  requires  an  early  attention.  It  is  difficult  to  estimate,  with  accuracy,  the  sum  which  will  be  receiv- 
ctl  into  the  treasury    from  the  revenue,  as  now  established- 

During  a  slate  of  war,  the  customs,  at  the  present  rate  of  duties,  have  been  heretofore  estimated  to  produce  five 
millions  of  dollars.  The  additional  tonnage  duty,  imposed  upon  foreign  vessels,  by  the  act  of  L-,t  ,luly  1812,  pro- 
ducing about  200,000  dollars  a  year,  is  not  included  in  that  sum. 

It  is  believed  that,  during  the  year  1814,  a  greater  sum  than  five  millions  two  bundled  thousand  dollars  ought 
not  to  be  relied  upon,  as  receivable  into  the  treasury,  tiom  custom  house  duties.  The  sum  arising  from  sales  of 
public  lands  may  be  estimated  at  six  hundred  thousand  dollars,  making,  together,  5,800,000  dollars/  The  interest 
alone,  on  the  public  funded  liebt,  on  temporary  loans,  and  on  the  treasury  notes,  which  will  become  payable  in 
that  year,  will  amount  to  four  millions  four  hundretl  thousand  dollars.  The  other  engagements,  on  account  of  the 
principal  of  the  funded  debt,  of  temporary  loans,  and  of  treasury  notes,  which  will  become  reimbursable  in  that 
year,  amount  to  7,150,000  dollars;  exceeilnig,  together,  by  more  than  five  millions  seven  hundred  thousand  dollars, 
the  estimated  amount  of  the  recei|)ts  into  the  treasury,  derived  from  the  revenue,  as  now  established. 

'I'his  view  of  the  subject  is  sufficient  to  evince  the  necessity  of  a  speedy  and  eff'ectua!  provision  for  the  service  of 
that  and  the  ensuing  years.  The  mode  atul  the  extent  to  which  this  provision  should  be  carried,  have  been  heretofore 
suggested,  from  this  Department,  to  tJongress,  and  have  received  the  consideration  of  that  body. 

The  expenses  of  the  peace  estiiblishment  of  the  United  States,  and  the  interest  on  the  public  debt,  including 
that  on  the  loans  made  for  the  prosecution  of  the  wai-.  are  believed  to  be  the  least  sums  tiiat  ought,  under  any  circum- 
stances, to  be  raised  within  each  year.  These,  if  the  expenses  of  the  peace  establishment  are  taken  at  the  sum  ne- 
cessary for  the  ordinary  expenditure  of  the  United  States,  previously  to  the  additional  armaments  made  in  the  year 
1812.  with  a  view  to  an  approaching  state  ot  war.  and  including  the  interest  on  the  loan^  oi'  the  year  1812  and  1813, 
and  also  of  that  wliich  will  probably  be  necessary  in  the  year  1814,  will  amount,  duiing  that  year,  to  eleven  millions 
four  hundred  thousand  dollars,  viz: 

The  expense  of  the  peace  establishment,  exclusive  of  the  additional  foice  authorized  by  the  acts  passed  during 
the  year  1812,  may  be  estimated  at  -  -  -  -  -  -        $7,000,000 

The  interest  on  the  public  debt,  during  the  year  1814,  will  be  as  follows: 
On  old  funded  debt,  .._-...      $2,100,000 

On  six  per  cent,  stock  of  1812,  including  temporary  loans,  received  in  part  of  the  loan 

of  eleven  millions,  which  will  remain  unpaid  in  1814.  -  -  -  500,000 

On  six  per  cent,  stock  of  1813,  ......         1,090,000 

On  treasury  notes,  which  will  be   reimbursable  in   1814,    say  on  5,000,000    dollars. 

at  5?  per  cent.  ..-.-_.  370,000 

3.960,000 

On  the  loan  for  the  year  1814,  interest  payable  witliin  that  year.      -  -  ^  .  140,000 


$11,400,000 


The  revenue,  as  now  established,  being  estimated  to  produce  -  .  ,  .        $5,800,000 

"Would  leave  to  be  raised  -  -  -  -  -  -  .  -  -  5,600,000 


To  cover  the  above  sum  of  -  -  -  -  -  '  -  -  -      $11,400,000 


The  internal  taxes,  heretofoie  proposed,  were  estimated  to  produce      ...  -  -        $5,000,000 

And  the  duty  of  20  cents  a  bushel  on  salt,  imported,  which,  though  estimated,  heretofore,  at  only  400.000 
dollars  a  year,  during  a  state  of  war,  yet,  as  the  consumption  considerably  exceeds  2,000,000  of 
bushels,  may  be  estimated  to  produce  -------  600,000 

Making  the  sum  wanted,  -  .  ..  .  .  -  .  .        $5,600,000 


624 


FINANCE. 


[1813. 


Although  the  taxes,  if  early  laid,  may  be  brought  into  operation  in  the  commencement  of  the  year  1814,  yet,  as 
they  cannot  be  expected  to  have  their  full  eSect  during  that  year,  some  auxiliary  resource  will  be  required-  This 
may  be  found  in  the  sum  of  1,500,000  dollars,  which  is  the  excess  of  the  ginking  fund  tor  the  present  year,  over  the 
demands  on  that  fund,  according  to  the  existing  engagements  of  the  United  States.  This  sum  of  1,500,000  dollars, 
may  be  carried  to  the  sinking  fund,  for  the  year  1814,  and  will  be  wanted,  in  addition  to  the  annualfappropriation 
of  8,000,000  of  dollars,  to  meet  the  engagements  on  account  of  the  public  debt,  which  must  be  fulfilled  during  that  year. 

As  reliance  must  be  had  upon  a  loan,  for  the  war  expenses  of  the  year  1814,  the  laying  of  internal  taxes  may  be 
considered,  with  a  view  to  that  object,  as  essentially  necessary — in  the  first  place,  to  facilitate  tiie  obtaining  of  the 
loan,  and  secondly,  for  procuring  it  on  favorable  terms. 

It  is  ascertained  that  the  terms  of  the  loan,  for  the  present  year,  would  have  been  more  favorable,  if  the  taxes 
had  been  previously  laid;  and  it  is  obvious  enough,  that,  by  aftording  a  security  for  the  regular  payment  of  the  interest, 
and  the  eventual  reimbursement  of  the  principal,  more  stable,  and  less  liable  to  be  weakened  or  cut  off  by  the  natural 
efiects  of  war,  upon  external  commerce,  than  a  revenue,  depending  as  that  of  the  United  States  now  does,  almost 
wholly  upon  such  external  commerce,  capitalists  will  advance  with  the  greater  readiness,  and  at  a  lower  rate  of 
interest,  the  funds  necessary  for  the  prosecution  of  the  war;  public  confidence  will  be  ensured,  and  the  means 
atforded  of  preserving  the  public  credit  unimpaired — a  measure  of  the  utmost  importance,  in  a  country  like  ours, 
where,  from  the  lightness  ot  the  demands  made  upon  the  People,  during  the  continuance  of  peace,  the  extraordinary 
expenses  of  a  state  of  war  can  be  supplied  only  by  a  resort  to  that  credit. 

The  resources  of  the  country  are  ample,  and,  if  .the  means  now  proposed,  and  those  heretofore  recommended  from 
this  Department,  are  adopted,  it  is  believed  they  may  be  fairly  and  fully  brought  into  action. 
All  which  is  respectfully  submitted. 

W.  JONES,  Acting  Secretary  of  the  Treasury. 

Tkkasury  Department.  June  2d,  1813. 


A. 


Meceipts  and  expenditures  at  the  Treasury  of  the  United  States,from  the  Isl  October,  1812,  to  the  Z\st  of  March,  1813. 


Cash  in  the  treasury,  subject  to  warrant. 
Received  for  customs,  - 

arrears  of  direct  tax, 

sales  of  public  lands,  .  -  - 

cents  coined  at  the  mint,     - 

fees  on  letters  patent, 

postage  of  letters, 

seamen's  stores  sold,  and  fund  for  relief  of  seamen, 

fines,  penalties,  and  forfeitures, 

repayments  of  moneys  advanced, 

prize  money  for  navy  pension  fund,    - 

mterest  on  treasury  notes,  - 


Treasury  notes,  (act  of  1812) 
Do.  (act  of  1813) 


Loan  of  11  millions,  (1812) 
Loan  of  16  millions,  (1813) 


Expenditures,  viz: 
On  account  of  the  Civil  Department, 

Miscellaneous  expenses, 
Diplomatic  do. 

Mditary  Department, 
Naval  do. 

Public  Debt, 


Cash  in  the  treasury,  subject  to  warrant,  March  31,  1813, 

B. 


4,752,500  00 
32,000  00 

4,784,500  00 
4,337,487  50 
1,086,737  50 


$4,720,001  44 

105  52 

450,596  95 

2,780  00 

3,060  00 

39  70 

284  45 

1,984  96 

20,892  51 

3,645  72 

300  00 

5,203,691   25 


S2, 362,652  69 


10,208,725  00 


15,412,416  2S 


17,775,068  94 


440,473  76 

368,518  64 

48,087  37 

9,039,275  49 

2,690,752  20 

3,332,226  95 


15,919,334  41 
$1,855,734  53 


The  United  States'  loan  of  16,000,000  dollars  has  been  taken  up  in  the  following  manner  and  proportions,  viz: 

$3,956,400  00 
1,881,800  00 


First  subscription,  on  the  12th  and  13th  March,  1813,  .  .  .  - 

Second  subscription,  25th  to  31st  March,  1813,      .  -  -  -  - 

Proposals  made  on  the  5th  of  April,  of  which  only  $10,161,800  could  be  received,  -  -       11,106,000  00 

To  which  may  be  added  the  amount  intended  to  be  loaned  by  the  State  of  Pennsylvania,  the  pro- 
posals for  which  not  being  received  in  time,  could  not  be  admitted,  .  -  -        1,000,000  00 

$17,944,200  00 
Being  1,944,200  dollars  more  than  the  sum  ot  16,000,000,  authorized  by  law,  and  actually  borrowed. 

That  sum  of  $16,000,000  has  been  subscribed,  and  is  payable  at  the  following  places: 


New  Hampshire, 
Massachusetts, 


Rhode  Island, 
New  York, 

Pennsylvania, 
Maryland, 
Columbia, 
Virginia^. 


South  Carolina, 


Portsmouth, 

Portland, 

Salem, 

Boston, 

Providence, 

New  York, 

Albany, 

Philadelphia, 

Baltimore, 

Washington, 

Richmond, 

Petersburg, 

Norfolk, 

Charleston, 


$40,000 

120,000 

183,600 

75,300 

67,800 

5,437,100 

283,500 

6,858,400 

1,950,800 

442,500 

49,000 

35,000 

103,000 

354,000 

$16,000,000 


1813.1  STATE   OF  THE   FINANCES.  625 

B  1. 

Whereas,  by  an  act  of  Congress,  passed  on  the  eighth  day  of  February,  one  thousand  eight  hundred  ami  thirteen, 
the  President  of  the  United  States  is  authori/.ed  to  borrow,  on  the  credit  ol'  the  I'nited  States,  a  sum  not  exceeding 
sixteen  millions  of  dollars,  so,  however,  that  no  engagement  or  contract  shall  be  entered  into,  which  shall  r)ieclude 
the  United  States  from  reimbui'singany  sum  or  sums  thus  ban-owed,  at  any  time  allei'  the  ex[)iiation  of  twelve  years 
from  the  first  day  of  January,  one  thousand  eight  hundred  anci  fouiteen:  And  wliereas,  by  the  said  act,  so  touch  of 
the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars,  for  tiie  payment  of  the  |)rincipal  and 
interest  of  tiie  ]iublic  debt  of  the  United  Slates,  as  may  be  wanted  for  that  purpose,  after  satisfying  tiie  sums  neces- 
sary for  the  payment  of  the  interest,  and  sucii  oart  of  the  principal  of  said  debt  as  the  United  Stales  are  now  pledged 
annually  to  pay  and  reimburse,  is  pledged  and  appiopriated  for  the  paynient  of  the  interest,  and  for  the  reunljurse- 
nient  of  the  principal  ol"  the  stock  now  to  be  created,  and  the  faith  of  the  United  Slates  is  pledged  lo  establish 
sufficient  revenues  for  making  up  any  ileficiency  that  may  hereaiter  take  place  in  the  funds  now  appropriated  foi- 
payin,^  the  interest  and  [)rincipal  as  aforesaid:  And  whereas  the  President  of  tlie  United  States  did,  by  an  act  or 
commission,  under  his  hand,  dated  the  se\enteenth  day  of  February,  one  thousand  eight  liundred  and  tliirteen, 
authori/.e  and  empower  the  Secretary  of  the  Treasury  to  borrow,  on  behalt  ol  ihe  United  Slates,  a  sum  not  exceed- 
ing, in  llie  whole,  sixteen  millions  of  dollars,  and  to  make  the  necessary  contracts  (or  the  same,  pursuant  to  the  act 
of  Congress  above  recited: 

Now,  therefore,  the  undersigned.  Secretary  of  the  Treasury,  in  pursuance  of  ll>.e  act  of  Congress,  and  the 
authority  from  the  Pi-esident  of  the  United  States,  above  mentioned,  doth  hereby,  on  behalf  of  the  IJnited  States, 
contract  and  engage  in  manner  following,  to  wit: 

1.  Books,  for  receiving  subscriptions  to  a  loan  of  sixteen  millions  of  dollars,  for  the  use  of  the  United  Slates, 
shall  be  opened  on  the  twelfth  day  of  March  next. 

At  Portsmouth,  N.  H.  at  the  New  Hampshire  Union  Bank. 

At  Salem,  Mass.  at  the  Merchants^  Bank. 

At  Boston,  Mass.  at  the  State  Bank. 

At  Providence,  R.  I.  at  the  Roger  Williams  Bank. 

.\t  the  city  of  New  York,  at  the  Manhattan  Company  and  the  SJechanics'  Bank. 

At  Albany,  at  the  New  York  State  Bank,  and  the  Meclianics  and  Farmers'  Bank. 

At  Philadelphia,  at  the  Bank  of  Pennsylvania,  the  Farmers  and  Mechanics'  Bank,  and   tlie 

Philadelphia  Bank. 

At  Baltimore,  at  the  Bank  of  Baltimore,  the  Commercial  and  Fanners'  Bank,  and  tiie  Union 

Bank  of  Maryland. 

At  the  City  of  Washington,  at  the  Bank  of  Washington,  and  the  office  of  the  Bank  of  Columbia. 

At  Richmond,  Va.  at  the  Bank  of  ^'irginia. 

At  Charleston,  S.  C.  at  the  Slate  Bank,  and  the  Planters  and  Mechanics'  Bank. 

And  at  any  other  incorporated  Bank,  in  any  of  the  above  named  cities  or  towns,  wiiich  shall  open  books  for  receiv- 
ing subscriptions,  as  aforesaid,  and  give  public  notice  thereof. 

Which  books  shall  continue  open  lor  receiving  subscriplions  during  tlie  ordinary  hours  of  tiansacting  business  at  the 
said  banks,  on  Friday,  the  twelfth,  and  Saturday,  ihe  thirteenth  day  of  March  next,  if  more  than  sixteen  millions 
of  dollars,  in  the  whole,  shall  be  subscribed,  the  surplus  shall  be  deducted  in  proportion  to  the  sums  subscribed  in 
each  place,  respectively,  by  a  reduction  of  the  sid>scriptions  exceeding  four  thousand  dollars.  But  no  reduction 
shall  be  made  of  the  subscriptions  made  by  any  persons  or  bodies  corporate,  holders  (at  the  time  of  subscribing)  of 
stock  issued  under  the  act  of  March  li,  isiS.  called  "six  per  cent,  stock  of  1810,"  unless  the  aggregate  of  their 
subscriptions  should  exceed  sixteen  millions  of  dollars:  in  which  case,  the  surplus  shall  be  deducted  by  a  reduction 
of  the  proportionally  highest  subscriplions.  If  any  subscription  shall  be  thus  leduced,  the  amount  of  such  reduction 
shall  be  forthwith  relurned  to  the  subscriber  fiiun  whom  such  reduction  shall  have  been  made. 

2.  No  subscriptions  will  be  received  tbi-  a  sum  less  than  one  hundred  dollars,  nor  for  a  fractional  part  of  a  hun- 
dred dollars. 

3.  For  eveiy  hundred  dollars  which  may  be  subscribed,  there  shall  be  paid,  at  the  time  of  subscribing,  twelve 
dollars  and  fifty  cents,  and  a  like  sum  of  twelve  dollars  and  fifty  cents  on  the  first  (lay  of  each  oi'  the  ensuing 
months  of  April,  May,  June,  July,  August,  September,  and  October,  one  thousand  eight  hinidred  and  thirteen, 
respectively.  Each  subscriber,  at  the  time  of  paying  any  of  the  above  instalments,  after  the  first,  may  pay  all,  or 
any  number,  of  the  subsecpient  instalments,  and  will  be  entitled  to  receive  interest,  at  the  rate  of  six  per  centum 
per  annum,  on  the  amount  thus  {)aid,  from  the  time  of  actual  payment. 

■1.  On  the  failure  of  payment  of  any  instalment  of  the  sums  subscribed,  according  to  the  tenor  of  the  third  arti- 
cle, the  next  preceding  instalment  of  twelve  dollars  and  fifty  cents,  which  shall  have  been  paid  fi)r  every  hundred 
dollars  subscribed,  shall  be  forfeited  to  the  Uinted  States. 

5.  Each  subsequent  instalment  must  be  paid  at  the  same  bank  at  m  hicli  the  original  subscription  was  made,  and 
where  the  first  instalment  was  paid. 

C.  The  cashiers  of  the  respective  banks  where  subscriptions  are  received,  shall,  within  twenty  days  after  the 
time  of  subscribing,  give  certificates,  stating  the  sums  subscribed  and  payment  made,  and  on  which  the  payments  of 
the  subsequent  instalments,  when  made,  shall  be,  re-pectively,  endorsed;  which  certificates  shall  be  assignable  by 
endorsement  and  delivery  of  (he  parties  in  whose  fiivor  they  may  be  issued,  until  the  completion  of  the  payments 
required  by  the  tenoi-  of  the  third  article. 

7.  After  the  completion  of  the  payments  aforesaid,  the  proprietors  of  the  certificate?  of  the  cashiers,  on  which 
such  payments  have  been  completed,  on  surrendering  the  same  at  the  loan  office  of  the  Slate  in  which  the  subscrip- 
tion and  payments  shall  have  been  made,  siiall  be  eniitled  to  receive,  from  the  commissioner  of  loans,  certificates  of 
fundeci  capital  stock  fi)r  the  amount  thus  subscribed  and  paid,  bearing  an  interest  of  six  per  centum  per  annum,  from 
the  time  when  the  said  insfcilments  shall  have  been  paid,  respectively,  and  payable,  quarter  yearly,  at  the  several 
loan  oflices,  or  at  Ihe  treasury  of  the  United  States,  where  the  same  may  stand  credited:  and  shall,  moreover, 
receive,  from  the  commissioner  of  loans,  a  certificate,  entitling  such  proprietor  to  an  annuity  or  annual  sum.  payable 
quarter  yearly,  for  thirteen  years,  commencing  on  the  first  day  of  January,  one  thousand  eigiit  hundred  and  thirteen, 
of  one  dollar  on  every  hundred  dollars  thus '^subscribed  and  paid:  which  certificates  of  annuity  shall  constitute  a 
separate  and  distinct  stock,  and  may  be  sold,  assigned,  and  transferred,  to  and  from  the  books  of  the  tieasuiy.or  of 
the  several  loan  ottices,  separatelv  and  distinctly  fnmi  the  aforesaid  funded  capital  six  per  cent,  stock.  And  the 
said  funded  capital  stock,  and  the  said  annuities,  shall  be  transferable  by  their  respective  proprietors,  in  person,  or  by 
their  attorneys,  duly  constituted,  in  the  same  manner  as  the  present  funded  debt  of  the  L  nited  Slates,  and  m  pur- 
suance of  the  rules  v.hich  have  been,  or  which  may  be,  established,  relative  to  the  transfer  of  the  said  debt. 

8.  After  the  payment  of  the  fifth  instalment,  such  of  the  proprietors  of  the  certificates  of  the  cashiers,  of  two 
hundred  dollars  and  upwards,  as  may  then  be  desirous  of  funding  the  same,  may,  on  presenlingthem  at  the  loan  office 
of  the  State  ill  which  the  subscription  and  payments  shall  have  been  made,  receive,  from  the  commissioner  of  loans, 
certificates  of  funded  capital  six  per  cent,  stock,  for  the  amount  of  the  fiiur  first  instalments,  or  one  moiety  of  the 
sum  expressed  in  the  certificates  of  the  cashiers;  and  also,  certificates  for  one  moiety  of  tlie  thirteen  years'  annuity 
of  one  dollar  on  the  hundred  dollars  subscribed.  But  no  certificate  of  funded  capital  six  per  cent,  stock,  including 
a  fractional  part  of  a  hundreil  dollars,  or  certificate  of  annuity,  including  a  fiactional  part  of  a  dollar,  will  be 
issued.  _ 

9.  After  the  last  day  of  December,  in  the  year  one  thousand  eight  hundred  and  twenty-five,  ami  alter  reasona- 
ble notice  to  the  creditors,  which  shall  be  given  by  an  advertisement  in  some  public  newspaper,  printed  at  the  seat 
of  the  Government  of  the  United  States,  "the  said  capital  six  per  cent,  stock  sliall  be  redeemable  at  the  pleasure  of 
the  United  States,  by  the  reimbursement  of  the  whole  sum  which  may  at  that  time  stand  credited  to  any  proprietor 
on  the  books  of  the  treasury,  or  of  tlie  loan  oftices,  respectively.  .\nd  the  payments  of  the  said  annuities,  for  thirteen 


G26  '  FINANCE.  .     -  [1813. 


years,  shall  cease  and  determine  on  the  first  day  of  January,  one  thousand  eight  hundred  and  twenty -six,  when  the 
certificates  of  the  same  shall  be  surrendered  up  and  cancelled. 

10.  So  much  of  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars  for  the  payment  of 
the  principal  and  interest  of  the  public  debt  of  the  United  States,  as  may  be  necessary  for  the  regular  payment  of 
the  interest,  and  for  the  reimbursement  of  the  principal  of  the  stock,  and  for  the  regular  payment  of  the  annuities  to 
be  created  under  this  contract,  togetiier  with  tiie  faith  of  the  United  States  for  its  due  fulfilment,  are  hereby  pledged, 
m  pursuance  of,  and  according  to,  the  terms  and  conditions  of  the  act  of  Congress  herein  before  recited. 

Given  under  my  hand,  and  the  seal  of  the  treasury  of  the  United  States,  at  Washington,  this  twentieth  day  of 
February,  one  thousand  eight  hundred  and  thirteen. 

ALBERT  GALLATIN, 

Secretary  of  the  Treasury. 

B2. 

UNITED  STATES'  LOAN. 

Treasury  Department,  March  I8//1,  1813. 

Notice  is  hereby  given,  that  the  books  for  receiving  subscriptions  to  the  loan,  authorized  by  the  act  of  Congress, 
of  February  8th,  1813,  will  again  be  opened  on  the  ^Stli  day  of  this  month,  on  the  same  terms  and  conditions  as 
heretofore,  and  continue  so  open  till  the  31st  day  of  this  month,  unless  sooner  closed  by  public  notice,  at  the  follow- 
ing places,  and  for  the  following  sums,  respectively,  that  is  to  say: 

At  New  York,  for  five  millions  of  dollars,  at  the  Manhattan  Company,  Mechanics'  Bank,  City  Bank,  Mer- 
chants' Bank,  Bank  of  America. 

At  Philadelphia,  for  five  millions  of  dollars,  at  the  Bank  of  Pennsylvania,  Farmers  and  Mechanics'  Bank, 
Philadelphia  Bank,  Stephen  Girard's  Bank. 

At  Baltimore,  for  one  million  seven  hundred  thousand  dollars,  at  the  Bank  of  Baltimore,  Commercial  and  Far- 
mers' Bank,  Union  Bank  of  Maryland,  Mechanics'  Bank,  Marine  Bank. 

At  Washington,  for  three  hundred  thousand  dollars,  at  the  Bank  of  Washington,  office  of  the  Bank  of  Columbia. 

Proposals  will  also  be  received  by  the  Secretary  of  the  Treasury,  until  the  hfth  day  of  April  next,  from  any  per- 
son or  persons,  body  or  bodies  corporate,  who  may  offer,  for  themselves  or  others,  to  subscribe  for  the  whole  or  part 
of  the  residue  of  the  loan  afoiesaid,  which  may  not  have  been  subscribed  for  prior  to  the  1st  day  of  April  next. 
The  proposals  must  distinctly  state  the  amount  offered  to  be  loaned,  the  species  of  stock  or  stocks,  which  the  parties 
wish  to  obtain,  and  the  price  they  will  allow  for  the  same.  Unless  a  different  modification  should  be  asked  in  the 
proposal,  it  will  be  understood  that  the  amount  loaned  will  be  paid  into  the  treasury,  in  four  equal  instalments,  viz: 
on  the  15th  days  of  April,  June,  August,  and  October  next,  and  that  the  stock  issued  will  be  irredeemable  till  the 
31st  day  of  December,  1825. 

If  proposals  shall  be  made,  amounting,  together,  to  a  greater  sum  than  that  required,  the  preference  will,  on  equal 
terms,  be  given  to  stockholders  of  the  six  per  cent,  stock  of  1812. 

If  any  proposals,  differing  in  terms  from  one  another,  or  from  those  on  which  subscriptions  have  already  or  may 
be  made  prior  to  the  1st  day  of  April  next,  should  be  excepted,  all  the  parties,  including  those  who  have  already 
subscribed,  or  may  subscribe  prior  to  the  1st  day  of  April  next,  shall  be  placed  on  the  same  footing,  by  giving  to  all, 
the  option,  either  of  the  terms  offered  by  them,  or  cm  which  they  have  subscribed,  or  of  those  oflered  by  any  other 
persons,  and  which  shall  have  been  accepted. 

No  proposal  will  be  received  for  a  sum  less  than  one  hundred  thousand  dollars.  But  a  cominission  of  one  quar- 
ter per  cent,  will  be  allowed  to  any  person  collecting  subscriptions  for  the  purpose  of  incoi  porating  them  in  one  pro- 
posal, to  the  amount  of  one  hundred  thousand  dollars  or  upwards;  piMvided  that  such  proposal  shall  beacceptea. 

All  the  proposals  must  be  transmitted  by  duplicates,  one  directed  to  the  City  of  Wasiiington,  and  the  other  (under 
cover  of  the  Cashier  of  the  Bank  of  Pennsylvania)  to  Philadelphia. 

ALBERT  GALLATIN, 

Secretary  of  the  Treasury. 

.  3. 
UNITED    states'    LOAN. 

Treasury  Department,  .^pril  I5th,  1813. 

Those  persons  who  have  subscribed  to  the  United  States'  loan  of  sixteen  millions  of  dollars,  prior  to  the  1st  day 
of  the  present  month  ot  April,  are  hereby  notified  that  terms,  different  from  those  under  which  they  made  their 
subscriptions,  have  been  allowed  to  the  persons  who  have  taken  the  remainder  of  the  said  loan  of  sixteen  millions; 
and  that,  conformably  to  the  public  notification  from  this  Department,  of  the  18th  of  March  last,  those  who  sub- 
scribed prior  to  the  1st  of  April  have  the  privilege  of  taking  the  terms  thus  subsequently  allowed;  and  wiiich  terms 
are  as  follows,  viz: 

1st.  That  the  subscriber  shall  receive  a  six  pee  cent,  stock,  the  interest  payable  quarter  yearly,  redeemable  at  the 
pleasure  of  the  United  States,  at  any  tiine  after  the  end  of  the  year  1825,  at  the  rate  of  eighty-eight  per  cent,  or 
one  hundred  dollars  in  stock  for  eighty-eight  dollars  in  money. 

Or,  2d.  That  the  subsciiber,  for  every  hundred  dollars  in  money,  shall  receive  one  hundred  dollars  in  the  same 
species  of  six  per  cent,  stock,  and  an  annuity,  for  thirteen  years,  from  the  1st  day  of  January  last,  of  one  dollar  and 
fifty  cents,  payable  quarter  yearly. 

The  subscribers,  who  may  wish  to  avail  themselves  of  these  terms,  will  present  their  scrip  certificates  to  the 
cashier  of  the  bank  by  whom  they  were  issued,  and  will  express,  in  writing,  on  the  face  of  the  sanie,  which  of  the 
above  terms  they  will  elect  to  accept,  and  will  receive,  from  the  cashier,  new  scrip  certificates,  conformably  thereto; 
the  payments  upon  which,  and  funding  whereof,  are  to  be  effected  in  the  same  manner  as  before. 

Such  subscribers  as  have  already  completed  their  payments,  and  obtained  certificates  of  funded  stock  and  annui- 
ties on  the  terms  originally  proposed,  are  to  surrender  the  same  to  the  commissioner  of  loans,  or  to  the  Register  of 
the  Treasury,  by  whom  they  were  issued,  expressing  their  election  in  the  same  manner;  and  will  receive  from  him 
certificates  of  funded  siock,  and  of  annuities,  as  the  case  may  be,  in  conformity  with  the  election  they  maythus  make. 

ALBERT  GALLATIN. 

Secretary  of  the  Treasury. 

C. 

View  of  the  Sinking  Fund  for  the  year  1813. 

The  balance  belonging  to  this  fund,  remaining  unapplied  on  the  31st  December,  1812,  (per  report 
of  commissioners  to   Congress,  of  February  6,  1813,)  was  _  .  -  -  $3,550,369  II 

The  annual  appropriation  for  the  year  1813,  -----  8,000,00000 

-Making,  together,  .--..-  11,550,369  11 

There  was  applied,  during  the  first  quarter  of  the  year  1813,  _  -  -  -  1,036,868  28 

Leaving  to  be  applied,  in  the  three  last  quarters  of  that  year,  .  .  -  -         $10,513,500  83 


1813.]  INCREASE   OF   REVENUE. 


627 


The  manner  in  which  the  amount  will  be  applied  in  the  year  1813,  is  as  follows: 

Interest  and  reimbursement  of  old  six  and  deferred  stocks,  estimated  at  -               -               -  $2  160  000  00 

Interest  on  exchanged  six  per  cent,  stock  of  1812,     -                -                -                .                .  iso'ooo  00 

Ditto  on  three  per  cent,  stock,                  ---...  485' 000  00 

Ditto  on  1796  SIX  per  cent  stock,               ----..  5000  00 

Ditto  on  Louisiana  stock,  and  charges,     ---...  68o'ooo  00 

Ditto  on  six  per  cent,  stock  of  KSl'J,  including  temporary  bank  loans  and  some  arrearages,  700000  00 

Interest  on  new  stock  ol   1813,       -..._._  470 'oOO  00 

Principal  of  temporary  loans  reimbursable  in  1813,      -                -                -                .                .  1350  000  00 
Treasury  notes,  including  those  payable  on  the  1st  and  Ilth  January,  1814,  which  must  be  pro- 
vided for  by  the  31st  December,  1813,                 -                 -                                  -                 .      $3  804  500 
Interest  on  the  same,     ---....          '205443 

-say  4.010,000  00 

-nL  1  r.i        L  •       ,       I.  ,•  SIO.040,000  00 

1  here  was  paid,  on  account  of  the  above,  in  the  first  quarter  ot   1813,       -  ..  .  1036  868  28 

Leaving  payable  in  the  three  last  quarters  of  that  year,  say      -  -  .  .  9  qoo  000  00 

And  will  leave  to  be  applied  to  the  purchase  of  stock,  or  to  be  carried  to  the  sinking  fund,  for  '      ' 

the  year  1814,        ----.-...  i,5i;i,500  83 

$10,513,500  83 


13th  C0NGRE38.]  No.  394.  [1st  Session. 


INCREASE    OF    REVENUE. 

COMMUNICATED    TO  THE    HOUSE    OF    REPRESENTATIVES,  JfNE    10,     1813. 

Mr.  Eppes  made  the  following  report: 

The  Committee  of  Ways  and  Means,  to  whom  was  referred  so  much  of  the  message  of  the  President  of  the  United 
States  as  relates  to  the  establishment  of  a  well  digested  system  of  internal  revenue,  have  had  the  same  under 
consideration. 

They  deem  it  unnecessary  to  say  any  thing  as  to  the  neccessity  of  providing  additional  revenue,  at  a  time  when 
the  general  rate  of  expenditure  has  been  so  much  increased  by  measures  necessarily  connected  with  a  state  of  war. 
A  reference  to  the  reports  from  the  Treasury  Department,  and  from  the  Committee  of  Ways  and  Means,  during 
the  last  and  preceding  years,  will  show  that  a  provision  for  additional  revenue  can  no  loiger  be  delayed,  without  a 
violation  of  all  those  principles  held  sacred  in  every  country,  where  the  value  and  imp()rtance  of  national  credit 
have  been  justly  estimated.  They  have  reviewed  the  system  heretofore  presented,  and  iking  into  consideration 
its  having  been  sanctioned,  in  its  principles,  by  a  vote  of  the  House  of  Representatives,  have  determined  to  recom 
mend  its  adoption,  with  some  modifications,  in  preference  to  commencing  a  new  system,  at  a  period  when  neither  the 
principles  or  details  could  receive  that  mature  consideration  on  which,  alone,  they  could  venture  to  recommend  its 
adoption.  The  bills,  heretofore  reported,  were  fi)unded  on  estimates  which  assumed  for  a  basis  providing  a  reveuue 
sufiicient  to  meet  tlie  expenses  of  the  peace  establishment,  the  interest  on  the  old  debt,  and  on  such  new  loans  as 
have  been,  or  may  be,  hereafter,  authorized.    These  several  items,  for  the  year  1814,  are  estimated  as  follows: 

The  expense  of  the  peace  establishment,  at  ----...  $7,000,000 

Tlie  interest  on  the  Public  Debt. 

On  the  old  funded  debt,      ---------  2,100,000 

On  six  per  cent,  stock,  of  1812,  including  temporary  loans  received  in  part  of  tlie  loan 

of  11,000,000  dollars,  which  will  remain  unpaid  in  1814,                   -            -            -  500,000 

On  six  per  cent,  stock,  of  1813,      --------  1,090,000 

t)n  treasury  notes  which  will  be  reimbursable  in  1814, say  on  $5,000,000,  at  5|  percent.  270,000 


3,960,000 
On  the  loan  for  1814,  interest  payable  within  that  year,  -  -  .  -  .  440,000 


11,400,000 
The  revenue  now  established  being  estimated  to  produce  --....  5,800,000 


Leaves  to  be  provided  for,  -.--..-.  5,600,000 

To  meet  which  sum,  the  committee  propose — 

1.  A  direct  tax  of               --------            -  3,000,000 

Internal  duties,  viz: 

1.  Duties  on  stills,  estimated  to  produce                .---..  765,000 

on  refined  sugar,              ---..--_  200,000 

on  retailers'  licences,      -           -            -            •            -            .            -            .  500,000 

on  sales  at  auction,          -                        ------  50,000 

on  carriages.         ---------  150,000 

on  bank  notes  and  negotiable  paper,      ------  400.000 

on  salt,  at  twenty  cents,              -------  400,000 

Additional  duty  on  foreign  tonnage,          -------  900^000 


Total  gross.  -  -  -      6,365,000 

Deduct  for  expenses  of  collection,  assesment,  and  losses,  -  -  -  -         750,000 


$5,615,000 


The  Committee  therefore  ask  leave  to  report  the  following  bills: 

1.  A  bill  for  the  assessment  and  collection  of  direct  taxes; 

2.  A  bill  to  lay  and  collect  a  direct  tax  within  the  Lfnited  States; 

3.  A  bill  laying  a  duty  on  imported  salt; 


628  FINANCE.  [1813. 


4.  A  bill  establisliing  the  office  of  commissioner  of  the  revenue; 

5.  A  bill  laying  duties  on  licences  to  retailers  of  wines,  spirituous  liquors,  and  foreign  merchandise; 

6.  A  bill  laying  duties  on  carriages  for  the  conveyance  of  persons; 

7.  A  bill  laying  duties  on  licences  to  distillers  of  spirituous  liquors, 

8.  A  bill  laying  duties  on  sales  at  auction,  of  foreign  merchandise,  and  of  ships  and  vessels; 

9.  A  bill  laying  duties  on  sugars  refined  within  the  United  States; 

10.  A  bill  laying  duties  on  bank  notes, and  on  notes  of  hand,  and  foreign  bills  of  exchange  of  certain  descriptions; 

11.  A  bill  making  further  provision  lor  the  collection  of  internal  duties;  and, 

12.  A  bill  laying  an  additional  duty  on  foreign  tonnage. 

DIRECT  TAX, 

Mode  adopted  for  ascertaining  the  quotas  of  the  comities  in  the  several  States. 

In  those  States  where  there  is  a  State  tax,  the  apportionment  of  that  tax,  among  the  counties  of  the  State,  has 
been  made  the  rule  for  apportioning  the  direct  tax;  and  the  quota  of  each  county,  of  the  direct  tax,  has  been  made 
to  bear  the  same  proportion  to  the  whole  quota  of  the  State,  as  the  amount  of  the  State  tax,  paid  by  such  county, 
bears  to  the  whole  sum  paid  in  the  State  for  the  State  tax. 

In  those  States  where  there  is  no  State  tax,  or,  if  there  be  one,  the  proportions  in  which  it  is  apportioned  among 
the  counties  is  not  known,  the  principle  assumed  for  a  basis  is,  that  the  comparative  advancement  of  wealth  (or 
rather  the  increase  in  the  value  ot  property,  subject  to  the  direct  tax  now  to  be  imposed)  and  of  population  in  the 
different  districts  of  the  same  State,  have  been  equal,  since  the  year  1799;  so  that,  if  a  given  portion  of  a  State,  con- 
taining, for  example,  one-fourth  of  the  population  of  the  State,  and  which  paid,  in  1799,  one-fourth  of  the  direct 
tax  of  that  State,  now  contains  one-third  of  the  whole  population  of  the  State,  it  ought  now  to  pay  one-third  of  the 
whole  tax  to  be  imposed  upon  the  State.  And,  in  respect  U>  population  for  both  epochs,  although  the  federal  num 
bers^  or  numbers  represented  in  Congress,  have  been  taken  as  the  constitution  diiects,  for  ascertaining  the  quota  of 
each  State,  of  the  whole  sum  to  be  raised  in  the  United  States;  yet,  for  apportioning  the  sum  thus  found  as  the 
ciuota  of  any  State,  among  the  several  counties  of  that  State,  the  whole  numbers  of  the  several  counties,  including 
slaves,  have  been  taken;  because  it  is  considered  that  the  slaves  increase  the  wealth,  or  the  ability  to  pay,  in  a  ratio 
at  least  equal  to  the  augmented  quota  which  this  nu)de  will  give  to  those  parts  of  a  State  in  which  slaves  are  posses- 
setl,  over  those  in  which  there  are  none,  or  a  smaller  number.  Maryland  is  the  only  .State  where  there  is  a  consider- 
able proportion  of  slaves,  to  which  this  mode  of  apportioning  the  tax  among  the  counties  lias  been  applied. 

The  process,  then,  is,  to  make  the  quota  of  each  county  in  a  given  State,  compared  with  its  population  in  1810, 
bear  the  same  proportion  to  the  ])resent  quota  of  the  State,  compared  with  its  whole  population  in  1810,  as  the  quota 
of  the  same  county,  of  the  tlirect  tax  of  1799,  compared  with  its  population  by  the  census  of  1800,  bore  to  the  quota 
of  the  whole  State,  of  the  direct  tax  of  1799,  compared  witli  its  whole  population  in  1800. 

To  effect  this,  there  must  be  found — 

1.  The  proportion  ^vhich  the  population  of  each  county,  in  1800,  bore  to  the  population  of  the  whole  State  at 
that  time. 

2.  The  proportion  which  the  population  of  the  same  county  bore  in  1810  to  the  population  ot  the  whole  State  in 
1810. 

3.  Then,  as  the  ratio  found  by  No.  1  is  to  the  ratio  found  by  No.  2,  so  is  the  quota  which  the  county  paid,  of 
the  direct  tax  in  1799,  to  the  sum  which  would  be  payable  by  the  same  county,  of  a  direct  tax  at  this  time,  of  which 
the  quota  of  the  State  in  question  would  be  the  same  as  was  the  quota  of  that  State,  of  the  direct  tax  in  1799. 

A.  Lastly,  as  the  quota  of  the  State,  in  1799.  is  to  the  quota  of  the   State  under  the  direct  tax  now  to  be  im 
posed,  so  is  the  sum  found  by  No.  3,  to  the  quota  of  the  county  under  the  direct  tax,  now  to  be  imposed. 

Exemplified  by  Rockingham  county.  New  Hampshire: 

1.  The  total  population  of  New  Hampshire,  in  1800,  was  183,858,  and  of  Rockingham  county,  at  the  same  time, 
45,427.     The  proportion,  24.7. 

2.  The  total  population  of  New  Hampshire,  in  1810,  was  211,360;  of  Rockingham  county,  at  the  same  time, 
50,175.     The  proportion,  23.4. 

3.  The  quota  of  Rockingham  county,  of  the  direct  tax  of  1799,  was  27,743  dollars.  Then,  as  24.7  :  23.4  ::  27,473: 
20,027  dollars;  the  sum  which  would  be  payable  by  Rockingham  county,  if  the  quota  of  the  State  of  New  Hamp- 
shire were  now  the  same  as  it  was  in  1799. 

4.  The  quota  of  New  Hampshire,  (as  finally  assessed)  in  1799,  was  77,9G8  dollars.  The  quota  now  proposed 
for  it  is  $96,793  37.  Then, as  77,968  :  96,793.37  ::  26,027  :  32,311.21,  the  sum  now  payable  by  Rockingham  county. 
This  sum,  in  the  table,  has  been  made  $32,263.37,  to  acconnnodate  the  fractions,  which,  in  these  long  calculations, 
were  not  carried  tlnough  more  than  three  or  four  places  of  figures.  vVlthough  mathematical  accuracj  has  not  thus 
been  attained,  no  considerable  inequality  is  believed  to  have  been  occasioned;  and  the  proposed  provision,  by  which 
the  right  is  given  to  the  States  of  altering  the  quotas  of  their  counties,  whenever  their  Legislatures  should  deem  an 
unjust  or  unequal  apportionment  to  have  been  made  by  the  act  of  Congress,  has  been  considered  as  securing  the 
people  of  every  part  of  the  country  from  an  unfair  or  oppressive  bearing  ot  the  tax  upon  them. 

States  in  ichich  the  quotas  of  counties  Iiave  been  found,  by  comparing,  their  population,  in  1810,  icith  that  of  1800, 

and  the  direct  lax  of  1799. 

New  Hampshire,  Pennsylvania, 

i       ^  Rhode  Island,  Delaware, 

Vermont.  Maryland. 
New  York, 

Stales  in  which  the  quotas  of  counties  have  been  inade  to  bear  the  same  proportion  to  the  whole  quota  of  the  Stale, 
as  the  amount  of  the  State  taxes,  in  each  county,  bears  to  the  whole  amount  of  the  State  tax  in  each  State. 

Massaschusetts,  Georgia, 

Connecticut.  Ohio, 

*  New  Jersey,  Kentucky, 

Virginia,  Tennessee,  (a- ) 

North  Carolina,  Louisiana,  (rt.) 
South  Carolina, 

(o.)  The  necessary  inforniatioii  respecting' State  ta.\es  not  yet  received. 


1813.] 


INCREASE   OF   REVENUE. 


629 


NEW  HAMPSHIUt. 


COUNTIBS. 

Population  in 
1800. 

Populution  in 
1810. 

Quotas  of  direct 
tax  in  1799. 

-■ 

Proposed  quotas 
in  1813. 

Rockingham,            .            _            ..            . 
Strafford,      ----- 
Hillsborough,           -            .            -            . 
Cheshire,      ----- 
Grafton,        -           -           '                      X 
Coos,             -            -                        -          5 

45,427 
32,614 
43,899 

38,825 

23,093 

50,175 
45,,595 
49,149 
40,988 
C  28,462^ 
I    3,9915 

$27,473 
12,797 
13,181 
15,804 

8,713 

$.'i2,2G3  37 
17,990  00 
15,700  00 
17,860  00 

12,980  00 

183,858 

214,360 

$77,968 

$96,793  37 

RHODE  ISLAND. 


Counties. 

Population  in 
1800. 

Population  in 
1810. 

Quota.s  of  direct 
tax  in  1799. 

Proposed  quotas 
in  181.3. 

Newport,      -            _            -            .            - 
Providence,              -            .            .            . 
Washington,            -            .            -            - 
Bristol,         -            -            -            -            - 
Kent,            ----- 

14,845 

25,854 

16,135 

3,801 

8,487 

16,294 

30,769 

14,962 

5,072 

9,834 

$8,879 

14,811 

7,042 

2,173 

4,488 

$8,360  00 

14,940  00 

5,590  00 

2,432   18 

4,380  00 

69,122 

76,931 

$37,393 

$34,702   18 

VERMONT. 


CODNTIES. 

Population  in 

Population  in 

Quota,s  of  direct 

Proposed  quotas 

1800. 

1810. 

tax  in  1799. 

in  1813. 

Windham,    -                       -            -           - 

23,581 

26,760 

$6,691 

$10,860  00 

Windsor,     ..---- 

26,944 

34,877 

8,098 

14,850  00 

Orange,         ----- 

18,238 

25,247 

4,891 

9.663  71 

Caledonia,    -            -            -            -            - 

9,377 

18,740 

3,164 

8,790  00 

Orleans,        ----- 

1,439 

5,838 

1,479 

7,060  00 

Essex,           -           .           -           -           - 

1,479 

3,087 

1,042 

2,910  00 

Bennington,              .            .            -            . 
Rutland,       ----- 

14,617 

15,893 

3,985 

6,240  00 

23,813 

29,846 

6,098 

10,770  00 

Addison,       ----- 

13,417 

19,993 

4,056 

8,560  00 

Chittenden,  -            -            -            -          ^ 

r  18,120^ 

Franklin.      '            '           '            '          c 

21,560 

<  16,427  P 

7,428 

18.640  00 

Grand  Isle,  .           -           -            -         j 

t    3,4453 

154,465 

217,913 

$46,932 

$98,343  71 

80 


tt 


630 


FINANCE. 


[1813. 


- 

- 

NEW  YORK. 

COUKTIES. 

Population  in 

Population  in 

Quotas  of  direct 

Proposed  quotas 

1800. 

1810. 

tax  in  1799. 

in  1813. 

New  York,  - 

. 

60,489 

96.373 

$72,965 

$170,270  00 

Suffolk, 

19,464 

21,113 

4,441 

7,030  00 

Queens, 

. 

16,893 

19,336 

5,534 

9,250  00 

Kings, 

. 

5,740 

8,303 

3,720 

7,930  00 

Richmond,    - 

4,563 

5,347 

1,112 

1,870  00 

West  Chester, 

. 

27,428 

30,272 

7,960 

12,820  00 

Orange, 
Rockland,     - 

. 

29,355 

34,347 

5,080 

8,700  00 

6,353 

7,758 

1,139 

3,030  00 

Ulster, 
Sullivan, 

:      :     I 

24,855 

(■26,5761 
I    6.108 

'10,670  00 
2,450  00 

Greene, 

13,584 

19,536  y 

19,561 

<(     7,850  00 

Albany, 
Schenectady, 

■      -     I 

34,043 

("34,661  1 
I  10,201  J 

13,920  00 
L  4,100  00 

Dutchess,      •■ 

47,775 

51.431 

12,185 

19,140  00 

Columbiii,     - 

_           _           - 

35,323 

32,390 

6,614 

9,000  00 

Rensselaer,  - 

.          -           - 

30,443 

36,309 

5,438 

9,590  00 

Wasiiington, 

. 

35,574 

44,289 

4,451 

8,651   62 

Saratoga, 

-           -           - 

24,483 

33,147 

3,845 

7,630  00 

Clinton, 

;    :    I 

r   8,002) 

r   3,280  00 
<    2,700  00 
C       770  00 

Essex, 

8,514 

<    9,477  f 

1,651 

Franklin, 

C    2,7173 

Schoharie,    - 

9,808 

18,945 

1,663 

4,690  00 

Delaware,     - 

10,228 

20,303 

1,536 

4,490  00 

Montgomery, 

. 

21,700 

41,214 

6,254 

16,930  00 

Herkimer,    - 

. 

14,479 

32.046 

1,829 

4,790  00 

Otsego, 

..             -             - 

21,636 

38,802 

3,367 

8,690  00 

Oneida, 

-      :     1 
:      .      > 

r33,792"^ 
J    6,433  i 
"^1  15,140  f 

riO,300  00 

lievvis, 
Jeffersjn, 

22,047 

4,.594 

J     1,960  00 
^     4,610  00 

St.  Lawrence, 

. 

L  7,H85J 

^  2,400  00 

Chenango,    - 
Madison, 

■     :     ] 

15,666 

(21,704:; 

^35,144^ 

> 

2,526 

'    5.130  00 
5,930  00 

Onondaga,    - 

f35,987"l 

'  6,360  00 

Cortland  t,    - 

23  277 

;    8,868 
)  29,843 
116,609 

2,170  00 

Cayuga, 

( 

7,290  00 

Seneca, 

J 

4,060  00 

Tioga, 
Broome, 

:      :     I 

6,889 

5"    7,899 
I    8,130 

> 

4,898 

< 

1,930  00 
1,990  00 

Steuben, 

_ 

1,788 

7,316 

1,770  00 

Ontario, 

> 
-           -         J 

r4  2,032 

10,270  00 

Genesee, 
Niagara, 

15,218 

j  12,588 
]    8,971 
I   1,942. 

3,080  00 
2,190  00 

Alleghany,   - 

L      470  00 

586,613 

959,319 

$183,263 

$430,141   62 

PENNSYLVANIA. 


COU.NTIES. 


City  of  Philadelphia, 

County  of  Philadel|)hia, 

Montgomery, 

Bucks, 

Delaware,    - 

Chester, 

Lancaster, 

Berks, 

Dauphin, 

Northampton, 

Wayne, 

Luzerne, 

Northumberland,     - 

York, 

Adams, 

Cumberland, 

Franklin, 

Bedford,       - 

Fayette, 

Greene, 

Washington, 

Huntington, 


Population  in 
1800. 


41,220 
39,789 
24,150 
27,496 
12,809 
32,093 
43,403 
32,407 
22,370 
30,062 

2,562 
12,839 
27,797 
35,643 
13,172 
25,386 
19,638 
12,039 
20,1.59 

8,605 
28,298 
13,008 


Population  in 
1810. 


53,732 
57,488 
29,703 
32,371 
14,734 
39,596 
53,937 
43,146 
31,883 
38,145 
4,135 
18,109 
36,3-37 
31,958  I 
15,152  5 
36,757 
23,083 
15,746 
24,714 
12,544 
36,289 
14,778 


(Quotas  of  direct 
tax,  in  1799. 


23,565 

11,119 

12,608 

5,517 

12,961 

26,793 

14,576 

11,113 

7,733 

1,458 

1,739 

5,174 

12,548 

8,793 
6,546 
1.672 
3.344 
1,366 
4,822 
2,413 


Proposed  quotas 
in  1813. 


$79,500 

38,230 

15,300 

16,600 

7,060 

18,270 

37,400 

21,550 

17,650 

11,140 

2,640 

2,720 

7,580 

11,540 

5,450 

10,300 

9,000 

2,610 

4,500 

2,130 

6,930 

3,070 


1813.] 


INCREASE    OF    REVENUE. 


631 


PENNSYLVANIA— Contimicfl. 


Counties. 


Population  in 
1800. 


Population  in 
1810. 


Quotas  of  direct 
tax,  in  1799. 


Somerset, 

Cambria, 

Mifflin, 

Centre, 

Clearfield, 

Potter, 

M'Kean, 

Lycoming, 

Tyoga,    "     - 

AVestmoreland, 

Alleghany, 

Armstrong. 

Indiana, 

Jett'erson, 

Beaver, 

Butler, 

Mercer, 

Crawford, 

Venango, 

Warren, 

Erie, 


10,188 

13,609 

5,414 


37,813 


581,869 


11,284  ) 

2,117  5 

12,132  -) 

10,681  I 

875  >- 


I 

I  29      I 

I  142    J 


11,006 

1,687 

26,392 

25,317 

6,143 

6,375 

12,168 
7,346 

8.277 
6,178 

3,887 

3.758 


$1,628 
3,452 
1,112 


9,967 


810,091 


.$237,893 


Proposed  quotajj 
in  1S1.1 


$2,000 

400 

3,500 

3,150 

300 

2,.500 
389 
5,440 
5,210 
1,250 

1,320 

2,510 
1.500 
1,710 
1,260 

800 

780 


16 


$365,479  16 


DELAWARE. 


Counties. 

Population  in 
1800. 

Population  in 
1810. 

Quotas  of  direct 
ta.x  in  1799. 

Proposed  quotas 
in  1813. 

New  Castle,             -            -            -            - 
Kent,            ----- 
Sussex,         ----- 

25,361 

19,554 
19,358 

24,429 
20,495 
27,750 

$11,891 

11,518 

7,041 

$10,956  25 
11,310 
9,780 

64,273 

72,674 

$30,450                     $32,046  25 

MARYLAND. 


Counties. 


Baltimore,  (city  and  county) 

AUegliany. 

Washington, 

Frederick,     - 

Montgomery. 

Prince  George. 

Charle;^, 

St.  Mary's. 

Calvert, 

Ann  Arundel, 

Hartford, 

Cecil,  - 

Caroline, 

Kent, 

Queen  Ann's. 

Talbot, 

Dorchester. 

Somerset, 

Worcester, 


Population  in 
1800. 


59,030 

6,303 

18,650 

31.523 

15,058 

21,185 

19,172 

13,699 

8,297 

22,623 

17,626 

9,018 

9,226 

11,771 

14,857 

13,436 

16,346 

17,358 

16,370 


341,548 


Population  in 
1810. 


75,810 
6,909 
18,730 
34,437 
17,980 
20.589 
20,245 
12,794 
8,005 
36,668 
21,2.58 
13,066 
9,453 
11,450 
16,648 
14,230 
18,108 
17,195 
16,971 


Quotas  of  direct 
ta.x  in  1799. 


380.546 


$41,387 
2,210 
8.053 
14,176 
4,686 
8,648 
6,998 
4,621 
2,728 
9,104 
4,880 
4,498 
2,431 
4.767 
5,520 
4,301 
5,453 
6,126 
5,205 


$145,792 


Proposed  quotas 
in  1813. 


$48,670 
2,210 
7,370 
14,170 
5,Iln 
7,690 
6.740 
3,950 
2,410 
9.810 
5,350 
5,950 
2,2.50 
4,213  94 
5,630 
4,140 
5,510 
5,540 
4.910 


$151,623  94 


632 


FINANCE. 


[1813. 


MASSACHUSETTS. 


Counties. 

Quotas  of  State  tax  in 

Proposed  quotas  of  direct 

1812. 

tax. 

Washington, 

$1,106 

06 

$2,653  29 

HancocK, 

3,874 

61 

9,190  65 

Lincoln, 

5,763 

86 

13,672  00 

Kennebeck, 

4,087 

87 

9,696  52 

Somerset, 

1,477 

49 

3,504  63 

Oxford, 

2,343 

83 

5,559  60 

Cumberland, 

6,655 

92 

15,787  99 

York, 

5,975 

93 

14,175  03 

Essex, 

17,555 

91 

41,643  01 

Middlesex, 

11,143 

85 

26,433  45 

Suffolk, 

18,413 

33 

43,676  83 

Norfolk, 

6,589 

27 

15,629  88 

Plymouth, 

6,103 

94 

14,478  67 

Bristol, 

6,099 

93 

14,469  16 

Barnstable, 

2,762 

63 

6,553  00 

Dukes, 

494 

66 

1,173  33 

Nantucket, 

2,076 

00 

4,924  31 

Worcester, 

12,719 

83 

30,171  71 

Hampshire,  incli 

ding  Hampden  and  Franklin, 

12,493 

16 

29,634  05 

Berkshire, 

. 

5,595 

89 

13,273  57 

— 

— 

$133,333  97 

$316,270  98 

CONNECTICUT. 


Counties. 

Amount  of  list  on  which 
taxes   are  ,  assessed  for 
the  year  1811. 

Proposed  quotas  of  direct 
tax. 

Litchfield, 
Fairfield, 
New  Haven, 
Hartford, 
New  London, 
Middlesex, 
Windham, 
Tolland, 

$906,094  33 
893,966  63 
794,742  66 
931.629  36 
636,453  49 
430,774  52 
690,266  64 
331,946  28 

$19,065  72 
18,810  56 
16,723  10 
19,603  02 
13,392  04 

9,064  20 
14,524  38 

6,984  69 

$5,615,873  91 

$118,167  71 

NEW  JERSEY. 


Counties. 

Proportion  of  State  tax  of 

Proposed  quotas  of  direct 

$20,000,  in 

1812. 

tax. 

Bergen, 

$1,290  93 

$7,027  30 

Essex, 

1,820 

32 

9,909 

08 

Middlesex, 

1,686 

85 

9,182 

52 

Monmouth, 

1,874 

52 

10,204 

12 

Somerset, 

1,328 

77 

7,233 

28 

Burlington, 

2,191 

45 

11,929 

36 

Gloucester, 

1,620 

92 

8,823 

63 

Cumberland, 

800 

42 

4,357 

16 

Salem, 

1,199 

24 

6,528 

17 

Cape  May, 

291 

06 

1,584 

41 

Hunterdon, 

2,250 

68 

12,251 

78 

Morris, 

1,619 

94 

8,818 

29 

Sussex, 

•  f 

2,024 

90 

11,022 

73 

$20,000  00 

$108,871 

83 

1813.] 


INCREASE   OF    REVENUE. 


633 


VIRGINIA. 

St:ite  tax  oti  lands,  slaves, 

Counties. 

and  otlier  property,  for 

Proposed  quotis  of  direct 
tax. 

the  year  1811. 

Lee,                       ..... 

T»                   11 

if;  1,029  75 

$1,286  89 

Russell, 

1,217  01 

1,520  87 

Washington, 

2,188  80 

2,734  60 

Wythe, 

1,400  its 

1,750  75 

Grayson, 

590  29 

737  67 

Montgomery. 

1,578  20 

1,972  21 

Tazewell, 

1,15.3  60 

1,441   60 

Giles, 

648  72 

810  69 

Monroe, 

1,080  25 

1,349  93 

Botetourt, 

2,729  26 

3,410  65 

Kenliavva, 

5,018  84 

6,271   85 

Cabell, 

1,989  5.S 

2,486  24 

Mason, 

1,497  82 

1,871  74 

Randolph, 

1.64.3  40 

2,053  68 

Harrison, 

4,784    18 

5,978  61 

Wood, 

2,127  17 

2,658  24 

Monongalia. 

1,587  91 

1,984  34 

Ohio. 

1,004   14 

1,254  83 

Brooke, 

614  19 

767  54 

Bath, 

1,197  71 

1,496  73 

Pendleton, 

983  67 

1,229  24 

Hardy, 

1,376  95 

1,720  74 

Hampshire, 

3,413  10 

3,015  57 

Rockbridge, 

2,076  69 

2,595   15 

Augusta, 

3,509  87 

4,386   14 

Rockingham, 

2,266  43 

2,832  24 

Shenandoah, 

2,684  89 

^,.355  18 

Frederick, 

5.736  51 

7,168  69 

Berkley, 

2,486  31 

3,107  04 

Jefferson, 

2,640  63 

3,299  91 

Bedford, 

4,390  82 

5,487  07 

Patrick, 

1,451   85 

1,814  30 

Henry, 

1,550  04 

1,937  04 

Franklin, 

2,320  67 

2,900  06 

Campbell, 

4,062  44 

5,076  63 

Charlotte, 

4,317  20 

5,395  05 

Pittsylvania, 

4,771   9G 

5,963  28 

Halifax, 

6,316  14 

7,892  95 

Mecklenburg. 

5,837  59 

7,294  93 

Lunenburg, 

3,895  80 

4,868  44 

Brunswick, 

5,858  84 

7,321  55 

Nottoway, 

3,446  83 

4,307  32 

Prince  Edward,    . 

3,841  25 

4,800  20 

Buckingham, 

4,909  06 

6,134  66 

Cumberland 

3,567  80 

4,458  56 

Amelia, 

4,027  83 

5,033  40 

Powhatan, 

3,042  09 

3,801   56 

Chesterfield. 

5,778  63 

7,221  33 

Dinwiddie, 

7,045   16 

8,804  54 

Prince  George, 

3,136  37 

3,917  .37 

Greensville, 

2.976  91 

3,720  12 

Sussex, 

4,320  81 

5,399  50 

Southampton, 

5,189  .35 

6,484  86 

Surry, 

2,452  36 

3,064  60 

Isle  of  Wight, 

2,877  71 

3,596  17 

Nansemond, 

3,405  90 

4,256   18 

Norfolk  and  Borough, 

7,831   05 

9,798  55 

Princess  Anne, 

2.646  39 

3.307  06 

Elizabeth  City. 

886  70 

1,108  00 

Warwick, 

710  06 

887  32 

York,     .... 

1,413  44 

1,766  33 

James  City,  including  Willian 

isburg. 

1,923  29 

2.403  49 

New  Kent, 

3,269  08 

2,835  56 

Charles  City. 

1.981   43 

2,476  11 

Henrico, 

7,731  20 

9,661  30 

Goochland, 

3,243  32 

4,053  05 

Hanover, 

5,220  80 

6,524  24 

Amherst, 

3,124  42 

3,904  46 

Nelson, 

2,748  62 

3,434  80 

Albemarle, 

5,512  41 

6.888  80 

Fluvanna, 

1.867  85 

2,334  17 

Orange, 

3.672  10 

4.588  96 

Madison, 

2,401   29 

3,000  77 

Culpeper, 

5.002   11 

6,250  93 

Fauquier, 

.5,768  50 

7,208  67 

Prince  William. 

3,681  37 

4,600  42 

Stafford, 

2,841  51 

3,550  89 

Loudoun, 

4,658  28 

5,821  27 

Fairfax, 

3,971  57 

4.963  10 

Spottsylvania, 

4.996  05 

6,243  30 

Louisa, 

3,965  16 

4,955   11 

Caroline, 

6,041   73 

7,550  11 

King  George, 

2,059  70 

2,573  93 

Westmoreland, 

2,453  29 

3.065  58 

Richmond, 

1.839  28 

2,298  46 

634 


FINANCE. 


[1813. 


VIRGINIA— Continued. 


Counties. 

State  tax  on  lands,  slaves, 
and  other  property,  for 
the  year  1811. 

Proposed  quotas  of  direct 
tax. 

Northumberland, 

Lancaster, 

King  William, 

Kins  <i"fl  Queen, 

Essex,                     .   ''  • 

Middlesex, 

Gloucester, 

Mathews, 

Accomac, 

Northampton, 

$2,153  09 
1,563  07 
3,201   71 
3,415  61 
2,958  96 
1,426  50 
2,748  34 
1,508  40 
3,757  51 
2,251   82 

$2,690  60 
1,953  31 
4,001   04 
4,268  36 
3,697  69 
1,783  65 
3,434  49 
1,884  99 
4,695  84 
2,813  98 

>    ■ 

$295,295  99 

$369,018  44 

NORTH  CAROLINA. 


Counties. 


Currituck, 

Camden, 

Pasquotank. 

Perquimans, 

Gates, 

Chowan, 

Hartford, 

Bertie, 

Martin, 

Washington. 

'I'yrrel, 

Warren, 

Northampton, 

Halifax, 

Granville, 

Hyde, 

Pitt, 

Edgecombe, 

Beaufort, 

Greene, 

Craven, 

Carteret, 

J(mes, 

Lenoir, 

Onslow, 

Franklin, 

Nash, 

Wake, 

Johnson, 

Wayne, 

New  Hanover, 

Duplin, 

Sampson, 

Brunswick. 

Blailen, 

Cumberland, 

Robeson, 

Columbus, 

Rockingham, 

Caswell, 

Person, 

Guilford, 

Orange, 

Randolph, 

Chatham, 

Moore, 

Surry, 

Stokes, 

Wilkes, 

Ashe, 

Buncombe, 

Haywood, 

Rutherford, 

Burke, 

Ijincoln, 

Rowan, 

Montgomery, 

Anson, 

Richmond, 

Mecklenburg, 

Cabarrus, 

Iredell, 


Amount  of  .State  tax  for 
1810. 


£ 
223 
224 
237 
241 
253 
315 
336 
475 
206 
242 
150 
553 
489 
725 
731 
249 
359 
626 
354 
207 
606 
15t» 
213 
218 
265 
456 
343 
779 
407 
312 
751 
382 
366 
209 
317 
755 
379 
125 
311 
443 
379 
411 
713 
309 
539 
231 
408 
417 
248 

97 
324 

85 
462 
365 
404 
824 
287 
291 
257 
481 
190 
402 


10 
18 
19 
13 
11 
17 

0 
15 
11 

2 
17 

0 

3 
14 
18 

8 
19 
15 

9 
16 
18 

7 

14 

o 

12 
19 

8 
16 
14 
18 

0 

1 
17 

9 

4 
18 
10 
18 
18 
12 
17 

1 
11 
12 
17 
10 
14 
19  10 
14  2 
13  2 
19  7 
10 

2 
18 

6 

1 

2 

5 
2 
6 


d. 

8 

2 

0 

2 

1 

1 

0 

1 

0 

3 

6 

6 

1 

2 

11 

8 

11 
0 
0 
0 
8 
4 
6 
2 
1 
8 
9 
5 
1 

10 
4 
6 

10 
2 
8 
4 
7 
3 
0 

11 


Proposed  quotas  of  direct 
tax. 


6 
6 
2 

2 
11 
10 

2 


5 

10 

0 

9 

2 

10 

10 

10 

11 


£23,149   4   6 


$2,123  29 
2.134  47 
2,259  49 
2,301  .38 
2,415  98 
3,002  99 
3,201  83 
4,527  12 
1,959  82 
2,309  57 
1,432  53 
5,264  24 
4,660  33 
6,897  51 
6,956  26 
2,375  88 
3,424  42 
5,959  36 
3.  .376  87 
1,976  45 
5,769  88 
1,510  81 
2,035  15 
2,077  38 
2,527  79 
4,339  47 
3,269  24 
7,420  65 
.3,875  87 
2,976  28 
7,151  58 
3,642  99 
3,482  37 
1,988  93 
3,024  21 
7,187  26 
3,607  85 
1,197  87 
2,963  51 
4,223  55 
3,614  41 
3,915  89 
6,791  57 
2,940 
5,133 
2,203  42 
3,890  19 
3,972  34 
2,366  13 

932  26 
3.091  54 

814  93 
4.404  63 
3,477  41 
3,844  87 
7,847  84 
2,733  64 
2,769  02 
2,446  36 
4,578  84 
1,808  97 
3,827  80 


45 
21 


$220,238  28 


1813.] 


INCREASE  OF   REVENUE. 


635 


SOUTH  CAROLINA. 


Districts. 

Amount  of  State  tax  for 

Proposed  quotas  of  direct 

1810. 

tax. 

Charleston,            ..... 

f3,'"),f.1."}  8.5 

$55,173  52 

Colleton, 

;),'257  72 

14,330  14 

Beaulott, 

9,9(12  40 

15,420  73 

Barnwell, 

1,014  2a 

2,498  65 

Edgelieltl, 

;i,209   17 

4,967  49 

Abbeville, 

2,(;79  o;i 

4,146  87 

Pendleton, 

1,319   12 

2,041   88 

Greenville, 

825  04 

1,277  OS 

Laurens, 

1,329  27 

2,057  58 

Union, 

1,131   45 

1,751  38 

Spartanburg, 

1,0(JG  23 

1,650  43 

Newberry, 

1,757  20 

2,719  97 

Fairfield, 

1,739  54 

2,692  65 

Richland, 

2,533   14 

3,921   05 

Orangeburs;, 

2,577  2G 

3,989  32 

Lexington, 

789  74 

1,222  45 

Sunipter, 

3,540  31 

5,480  06 

York, 

1,283  95 

1,987  44 

Lancaster, 

643  52 

996   10 

Chester, 

1,128   11 

1.746  12 

Chesterfield, 

821  95 

1,272  30 

Marlborough, 

895  23 

1,385  74 

Darlington, 

1,190  GO 

1,842  94 

Kershaw, 

1,579  08 

2,444  27 

Georgetown. 

G,558  G3 

10,152   15 

Horry, 

309  72 

479  43 

Marion, 

1,095  87 

1,696  32 

Williamsburg, 

1,654  69 

2,561   32 

$98,136  04 

$151,905  48 

GEORGIA. 


Counties. 

Amount  of  State  tax  for 

Pn/posed  quotas  of  direct 

1812. 

tax. 

Chatham,              ..... 

$15,708  00 

$19,315  35 

Bryan, 

774  00 

951   75 

lyiberty. 

2,487  00 

3,058   14 

M'lntosh, 

' 

1,365  00 

1,678  48 

Glynn, 

1,451   00 

1,784  23 

Camden, 

1,356  00 

1,667  41 

Wayne, 

205  00 

252  08 

Effingham, 

688  00 

846  00 

Bullock, 

522  00 

641  88 

Tattnal, 

383  00 

470  06 

Scriven, 

1,098  00 

1,350  16 

Burke, 

2,929  00 

3,601  67 

Richmond, 

5,534  00 

6,804  89 

Jefferson, 

1,780  00 

2,188  78 

Washington, 

2,086  00 

2,565  05 

Montgomery, 

545  00 

670  16 

*  Telfair  from  Wilkinson. 

Columbia, 

3,063  00 

3,706  42 

Warren, 

1,899  00 

2,335  11 

Hancock, 

3,269  00 

4,019  73 

Greene, 

3,019  00 

3,712  32 

Lincoln, 

1,198   00 

1,473  13 

Wilkes, 

3,808  00 

4,682  51 

Elbert, 

2,680  00 

3.295  47 

Franklin, 

1,340  00 

1,647  72 

Oglethorp, 

3,010  00 

3,708  63 

Jackson, 

1,600  00 

1,967  44 

Clarke, 

1,646  00 

2,024  01 

Morgan, 

1,644  00 

2,021   55 

Laurens, 

387  00 

475  88 

Pulaski, 

540  00 

664  00 

Wilkinson  and  Telfair, 

463  00 

569  33 

Twiggs, 

721   00 

886  58 

Baldwin, 

2.448  00 

3,010  19 

Jones, 

1,227  00 

1,670  27 

Putnam, 

2,237  00 

2,750  73 

Randolph, 

2.040  00 

2,508  49 

$77,206  00 

$94,936  49 

This  is  a  new  county,  formed  from,  it  is  not  known  what,  old  counties. 


636 


FINANCE. 


[1813. 


OHIO. 


Ross, 

Highland, 

Clinton, 

Madison, 

Champaign, 

Greene, 

Delawaie, 

Franklin, 

Tuscara^vas, 

Knox, 

Columbiana, 

Jefferson, 

Stark, 

Warren, 

Scioto, 

Licking, 

Guernsey, 

Montgomery, 

Washington, 

Muskingum, 

Pickaway, 

Belmont, 

Adams, 

Clermont, 

Hamilton, 

Miami, 

Preble, 

Butler, 

Athens, 

Gallia, 

Portage, 

Geauga, 

Cayahoga, 

Trumbull, 

Fairfield, 

Fayette, 

Non-residents, 


Counties. 


Amount  of  State  tax  on 
residents  for  1811. 


$3,817  49 

875  21 

491  31 

401  37 

812  61 

1,517  14 

691  71 

1,573  90 

405  88 

400  32 

2,292   14 

1,988  42 

395  28 

2,099  14 

412  28 

789  13 

237  44 

1,556  01 

1,742  09 

1,547  48 

1,202  85 

1,171  41 

1,433  41 

1,697  87 

2.875  79 

421   10 

326  52 

1,357  12 

272  03 

502  57 

1,464  65 

852  21 

518  54 

2,270  04 

1,924  61 

283   15 


Proposed  quotas  of  direct 
tax. 


42,620  23 


X 


B 
O 


0/ 

.s 
s 

d 
il 


$61,5£9  91 


$104,150  14 


KENTUCKY. 


Amount  of  State  tax,  ex- 

Proposed quotas  of  direct 

Counties. 

clusive  of  non-residents, 
for  1811. 

tax. 

Clarke,                  ..... 

$1,706  91 

$4,816  83 

Estill, 

125  49 

354   12 

Montgomery, 

942  28 

2.658  95 

Bath, 

429  82 

1,212  92 

Fleming. 

867  81 

2,448  89 

Greenup, 

310  06 

874  96 

Floyd, 

235  51 

665  60 

Fayette, 

s 

5,168  51 

14,585  28 

Jessamine, 

1,171   54 

3,305  97 

Woodford, 

1,668   11 

4,707  30 

Scott, 

1,576  71 

4,449  37 

Harrison, 

1,012  95 

2,943   10 

Pendleton, 

255  71 

721   60 

Campbell, 

481   74 

1,359  44 

Boone, 

386  02 

1,089  31 

Gallatin, 

406   12 

1,146  03 

Franklin, 

1,662  38 

4,691   16 

Bourbon, 

2,542  31 

7,174  26 

Nicholas, 

469  78 

1,325  70 

Mason, 

1,882  07 

5,311   09 

Bracken, 

437  66 

1,235  «3 

Lewis, 

233  05 

657  64 

Livingston, 

482  61 

1,361   89 

Caldwell. 

495  29 

1,397  58 

Christian, 

^     ^ 

1,231   78 

3,476  01 

Breckenndge, 

344  49 

972  11 

Ohio, 

447  66 

1.263  25 

Grayson, 

184  31 

520  00 

Muhlenberg, 

438  22 

1,236  60 

Henderson, 

, 

461   73 

1,302  96 

Hopkins, 

. 

324  92 

916  90 

Union. 

250  53 

706  91 

Barren, 

1,185  04 

3,344   12 

Warren, 

1,098  94 

3,101   09 

Logan, 

1,492  56 

4,212  91 

Butler, 

209  90 

592  33 

1813.] 


REMISSION   OF    PENALTIES   AND    FORFEITURES. 


637 


KENTUCKY— Continued. 


COUNTIES. 

Amount  of  Stite  tax,  ix- 
clusive  oi'non-residi'nts, 
for  1811. 

Proposed  quotas  of  direct 
tax. 

Cumbeiland,         ..... 

Mercer,                   ..... 

Garrard.                 ..... 

Madison,                ..... 

Clay,                       ..... 

Bullit,                    ..... 

Jefferson,                ..... 

Henry,                   ..... 

Shelby,                   ..... 

Lincoln,                 ..... 

Rockcastle,            ..... 

Knox,                     ..... 

Pulaski,                 ..... 

Wayne,                 ..... 

Adair,                     ..... 

Casey,                    ..... 

Hardin,                  ..... 

Nelson,                  ..... 

Washington,          ..... 

Greene,                   ..... 

Non-residents.      ..... 

$603   19 

2,085  63 

1,213    10 

1,748  31 

185   11 

361   29 

3,060  29 

710  06 

1,924  60 

1,365  26 

198  65 

467   14 

447  54 

475  95 

640  95 

246  49 

844  66 

1,809  03 

1,367  32 

901   85 

6,553  45 

$1,702  06 

5,585  84 
3,423  30 
4,933  56 

.522  37 
1,019  43 
8,635  88 
2,003  71 
5,431    10 
3,852  68 

560  55 
1,318  22 
1,262  82 
1,343  06 
1,808  68 

701   20 
2,383  56 
5,104  98 
3,858  40 
2,544  94 
18,493  51 

$59,862  39 

$168,928  76 

13th  Congress.] 


No.  395. 


[1st  Session. 


REMISSION    OF    PENALTIES    A  N  D  FO  RFE  ITU  R  ES. 


COMMUNICATED    TO    THE    HOISE    OF    REPRESENTATIVES,    JUNE    16,    1813. 

The  Acting  Secretary  of  the  Treasury,  to  whom  was  referred  the  memorial  of  Stephen  Girard  and  others,   owners 
of  the  ships  Good  Friends,  United  States,  and  Amazon,  and  their  cargoes,  respectfully  leports: 

That  the  above  named  vessels,  with  tiieir  cargoes,  consisting  of  merchandise  of  the  growth,  produce,  or  manu- 
facture, of  Great  Britain,  having  left  ports  in  Great  Britain  in  the  months  of  October  and  December.  1811.  arrived 
at  Amelia  Island,  in  East  Florida,  between  the  22d  of  December.  1811,  and  tiie  10th  of  February,  1812,  and  wen- 
lying  in  the  port  of  Fernandina,  in  that  island,  on  the  18th  of  March,  1812,  on  which  day  possession  was  taken  of  the 
island  by  George  Mathews,  under  a  pretended  authority  troiu  the  Government  of  the  Ihiited  States.  Under  the 
same  authority,  a  local  government  was  established  bv  him.  and  such  officers  appointed  as  he  deemed  necessary 
to  administer  it.  The  supercargoes  and  agents  for  tlie  property  on  board  the  vessels  in  question,  deeming  their 
situation  insecure,  and  that  the  value  of  the  cargoes  would  probably  invite  hostile  or  predatory  attacks  upon  them 
if  they  remained  in  a  port  where,  within  tiirce  days,  the  public  authoiity  iiad  been  exercised  under  no  less  than  three 
different  jurisdictions,  and  considering  themselves  as  already,  without  their  own  agency  or  consent,  placed,  with 
the  pioperty  in  their  charge,  under  the  authority  of  the  United  States,  applied  to  General  Mathews  for  permission 
to  proceed  to  Philadelphia,  under  such  conditions  and  restrictions  as  might  secure  the  property  from  the  penalties 
iintl  fiiifeitures  to  whicli,  by  the  then  existing  laws  of  the  United  States,  it  would  be  exposed  if  imported  into 
the  United  States.  General  Mathews  granted  this  request,  considering,  as  he  himself  expressed  it,  "  that  the 
vessels  and  their  cargoes  were  already  under  the  nrotection  of  the  flag  of  the  United  States,  and  within  the  waters 
of  an  integral  part  of  our  common  country;*'  and  that  they  would  not  therefore  be  subjected,  by  going  to  Philadel- 
phia, to  the  prohibitions  of  the  non-importation  law.  He  directed  that  the  vessels  and  cargoes  should  be  delivered  in 
charge  to  the  collector  of  Philadelphia,  should  so  remain  until  the  determination  of  the  Government  in  relation  t;i 
them  should  be  known,  and  took  bonds  lor  tlie  performance  of  this  condition.  The  vessels  left  Amelia  Island  on 
the  10th  of  April,  1811,  and  arrived  in  the  river  Delaware,  on  their  way  to  Philadelphia,  on  the  19th  day  of  the 
same  month,  wiien  they  were  seized  by  tiie  collector  of  the  district  of  Delaware,  and  were  subsequently  libelled  io 
the  district  court  of  that  district,  as  liable  to  forfeiture  for  an  infringement  of  the  non-importation  act.  The  taking 
possession  of  Amelia  Island  by  General  Mathews,  in  the  manner  in  which  it  was  done,  and  his  subsequent  acts 
at  that  place,  being  altogether  unauthorized  and  illegal,  the  licence,  or  permissionj^which  he  gave  for  the  vessels 
to  proceed  to  Philadelpliia  was  entirely  null,  and  they,  with  their  cargoes,  were,  of  course,  on  coming  within  the 
jurisdiction  of  the  United  States,  subject  to  forfeiture. 

These  are  the  material  fiicts  in  tlie  cases  i  epresented  in  the  memorial.     The  grounds  on  which  the  memorialists 
ask  for  relief,  are, 

1st.  That  the  lading  of  the  merchandise  on  board  tiieir  ships,  in  the  first  instance,  was  without  any  intention  to 
violate  the  provisions  ot  the  act  of  March  1st,  1809,  commonly  called  the  non-importation  act.  By  the  5ih  section 
of  that  act,  the  lading  of  prohibited  merchandise  on  board  of  any  vessel  in  a  foreign  country,  with  an  intent  tc)  import 
the  same  into  the  United  States,  is  made  penal,  and  subjects  the  merchandise,  and  the  vessel  on  board  of  which  it  is 
laden,  to  ; 
for  the  Ui 

travention  of  the  laws;  that  their  property  was  withdrawn  trom  England  in  the  apprehension  of  its  insecurity 
from  an  approaching  state  of  war;  and  that  it  was  placed  in  a  situation  recommended  by  its  supposed  safety,  and 
by  its  proximity  to  the  United  States. jo  await  the  time  when  it  might,  by  an  expected  act  f)f  the  Government,  be 
made  lawful  to  introduce  it  into  the  United  States.  The  intenticm  of  violating  tne  law,  which  is  what  the  act  of 
March,  1809,  must  have  contemplated  when  the  lading  of  prohibited  merchandise  on  board  a  vessel  in  a  foreign 
country  was  made  criminal,  is  disowned  by  the  memorialists;  and  from  all  the  circumstances,  particularly  in  Mr. 
Girard's  case,  from  the  application  made  by  him  to  Congress,  in  the  month  of  March,  1812,  for  permission  by  law 
to  import  the  cargo  of  the  ship  Good  Friends,  thereby  manifesting  his  disposition  to  respect  the  laws,  and  to  avoid, 
in  every  particular,  their  infringement,  appears  not  to  have  been  entertained  by  them. 

81  ft 


into  the  united  Mates,  is  mane  penal,  antl  subjects  the  mercnantiise,  and  the  vessel  on  ooarci  oi  wnicn  it  is 

forfeiture.     But  the  memorialists  represent,  that,  aithougli  the  ultimate  destination  of  the  merchandise  was 

Jnited  States,  yet,  that  it  was  not  their  intention  that  it  should  at  any  time  enter  the  United  States  in  con- 

in  of  the  laws;  that  their  property  was  withdrawn  from   England  in  the  apprehension  of  its  insecurity  there 


638  '  FINANCE.  C1813. 


2cl.  That  the  importation,  when  actually  made,  was  supposed  by  the  memorialists  and  by  their  agents  not  to  be 
illegal.  The  powers  which  General  Mathews  assumed  to  possess  at  Amelia  Island,  could  not,  from  the  nature  of 
the  case,  be  investisated  by  the  agents  of  the  memorialists  there  present.  He  pretended  to  have  authority  for  what 
he  did;  and  exterior  circumstances  may,  in  some  measure.  Iiavt;  justified  a  belief,  on  their  part,  that  his  acts  were, 
directed,  aiul  would  be  sanctioned,  by  the  Government.  Tiie  vessels  and  their  cargoes,  on  their  arrival  in  Philadel- 
phia, weie  to  be  put  in  possession  of  the  collector  ot  the  customs,  and  no  intention  of  a  clandestine  or  fraudulent 
jntroduction  of  any  part  of  the  merchanilise  can  be  supposed  to  have  bsen  entertainetl  in  the  remotest  manner  by 
the  memorialists. 

Under  (liese  views  oi'  the  cases  of  liie  meinoiialisls,  they  would  appear  to  be  entitled  to  relief.  The  consideration 
that  Congress  has,  by  tlneeacts,  passeil  at  their  last  session,  directed  the  penalties  and  forfeitures  incurred  under  the 
same  prohibitory  act,  by  three  classes  of  importers  of  British  merchandise,  to  be  remitted,  strengthens  and  confirms 
this  idea.  But"  it  must  be  recollected  tliat  several  cases  of  importations  from  Amelia  Island,  under  circumstances 
similar  t<p  those  stated  in  tlie  present  memorial,  have  already  occurred  and  been  acted  on.  Petitions  for  remission 
having  been  presented  to  the  h'ecretary  oi'the  Treasury,  tliey  \vere  granted  under  the  authority  of  the  general  miti- 
gating ;;ct  of  Maich,  1797,  upon  certain  conditions,  the  etiect  oi  which  was,  to  subject  the  merchandise  to  the  pay- 
ment oftlie  double  duties  imposed  by  the  act  of  July  1,  1810:  and  this  upon  the  ground  that,  as  the  merchandise 
could  not  be  legally  admitted  to  entiy  till  the  remission  took,  place,  and  as  this  was  not  granted  till  after  the  act  oi' 
July  1,  1812,  was  in  operatimi,  it  was  equally  consistent  with  equity^  and  with  the  law  then  in  force,  that  the  double 
duties  should  be  made  to  attach  to  the  mercha.ulise.  The  principles  which  governed  in  those  decisions  were  stated 
in  the  letter  of  the  Secretary  of  the  Treasury  to  the  chairman  of  the  Committee  of  A^'ays  and  Means,  of  the  1st  of 
February  last.  cf\\hich  a  eiipy  is  annexed  tothis  report.  *  Those  principles  were  sanctioned  by  the  Counnittee  of 
Ways  and  Means,  and  are  understood  to  have  been  concurred  in  by  the  House.  The  same  measure  of  justice  or 
of  indulgence  is  due  to  all  those  standing  in  the  same  situation;  and  it  is  respectfully  suggested,  that  the  relief  prayed 
for  by  the  menujrialists  in  the  present  case  shimld  be  granted  only  on  the  payment  of  the  double  duties  imposed  by 
the  act  of  July  1st,  181;2:  or,  in  other  words,  on  the  payment  o!  such  duties  as  would  be  payable  on  the  merchandise 
if  imported  at  the  time  when  the  actby  which  the  importation  already  made  is  legalized,  sliall  be  passed. 
A!!  which  is  respectfully  submitted. 

W.  JONES,  tiding  Secretary  of  the  Treasury. 
TREAsrKY  Dei'a;!t.vii:.nt,  J>ir,e  \sth,  l,si3. 


7b  the  Senate  and  Home  rf  Jieprenenlatives  of  the  L'nV.eJ.  Stales  of  ..irneriea  in  Contrress  assembled. 

The  meuiiiial  of  Stephen  Girard,  of  the  city  of  Philadelphia,  in  the  State  of  Pennsylvania,  merchant,  owner  of  the 
ship  Gond  Friends,  and  hei-  cargo:  Mlioin-^cn  and  Morris,  of  the  same  place,  merchants,  owners  of  the  ship  Ama- 
zon, and  of  part  of  her  cargo:  Bryan  &  Schlatter,  Edward  AVilson,  Longsireth  &  Wilson,  William  S.  Crothei-s, 
and  Jiiha  Vaui^han.  the  legal  lepresentaiives  of  Samuel  Merrik,  lately  deceased,  all  ()f  the  same  place,  mei-chant.-, 
also  respectively  p:irt  owners  ol  the  carg(t  of  the  said  ship  Ama'/.on:  Luke  Tiernan  &  Co.,  Hein-y  Shrceder  antl 
Co.,  and  Levin"  "SVetherilU  of  Baltimore,  in  the  State  ot  Maryland,  merchants,  also  respectively  part  owners  ol' 
the  ce.rgo  of  the  said  ship  Amazon:  and  Jonathan  Ogden,  of  the  city  of  New  York,  merchant,  also  part  owner  of 
the  cargo  of  the  said  ship  Amazon.:  and  llugan  &  Rhodes,  of  the  city  of  Philadelphia,  meichants,  owners  of  the 
ship  United  States,  and  her  cargo,  respectfully  showeth: 

That  your  memorialist,  Stephen  Girard,  representee!  to  Congress,  at  their  session  in',  March,  1812,  the  circum- 
stances u"nder  which  liis  ship  tlie  Good  Friend.-.  Robert  Thompson,  master,  with  a  valuable  cargo  of  the  manufiic- 
tures  of  Knghtnd,  (btlonging  also  to  him)  had  proceeded  from  London  to  Amelia  Island:  and  prayed,  in  contem- 
plation of  the  impending  war  between  the  United  States  and  Great  ]5i'itain,  that  he  might  be  permitted  to  rescue 
his  property  from  the  danger  to  v/hich  it  was  exposed,  by  placing  it,  upf)ti  any  terms  that  the  wisdom  of  the  Legis- 
lature shou"ld  prescribe,  witliin  the  pn)tectio!i()f  the  United  States:  as  will  nu)re  particularly  appear  by  a  copy  of  the 
representation  aimexed  to  the  piesent  memorial,  A. 

That  your  memorialists,  tlie  owners  of  the  ships  Amazon  and  the  United  States,^  and  of  their  respective  cargoes, 
influenced  by  motives  similar  to  those  whicli  had  actuated  Mr.  (linnil.  also  removed  their  property  from  the  imme- 
diate jurisdiction  and  puv,erof  the  British  Goverinneut,  and  sent  it  to  Amelia  Island,  as  a  situation  ol'  comi)arative 
safety,  in  the  event  of  war.  liut,  reposing  i)erfect  confidence  in  the  impartiality,  as  well  as  in  the  liberality  of  Con- 
s;ress",  they  abstained  from  addressing  your  honorable  body  on  the  occasion:  since  the  principle  of  your  decision  on 
Air.  Giraicl's  memorial,  would  naturafly  be  applied  to  all  cases,  within  the  same  reason  for  indulgence  and  relief. 
The  ship  Amazon  sailed  from  Liverpool  about  the  fourth  of  October,  1811.  and  arrived  at  Amelia  Island  about  the 
22d  ol'  December  following.  Th''  ship  I'nited  States  sailed  from  Liverpool  abmit  the  '25th  of  October.  1811,  and 
arrived  at  Amelia  i.-'and  about  the '-!5di  ol"  December  following. 

That  your  memorialists,  while  the  attention  of  Congress  is  again  claimed  upon  this  interesting  subject,  deem  it 
proper,  solemnly  and  explicitly  todcclare.  that,  although  they  were  de-irous  to  withdraw  their  respective  funds  from 
i''.ngland.  and  to  reap  the  emolument  of  a  fair  trade,  in  the  goods  which  they  had  respectively  oidered,  yet,  that  they 
nevxn-  did  intend  to  n:ake  the  ^hiplnellts  in  England,  m  to  import  the  goods  intoa'.iy  district  of  theUnited  States,  in 
violation  of  the  laws  of  their  country.  True  it  is.  that,  at  the  time  of  the  shipments,  your  memorialists  anticipated, 
either  as  a  con.Tequence  of  an  adjustment  of  the  ditlerences  subsisting  between  the  United  States  and  Great  Britain, 
<iras  a  consequence  of  a  formal  declaration  of  war,  that  an  importation  would,  eventually,  be  rendered  lawful;  but 
they  utterly  (ieny  that  tiic  shipments  were  made  witii  a  view  to  an  importation,  in  peace  or  in  war.  at  any  period 
of  time,  or 'under  any  change  of  circumstances,  without  the  direct  and  positive  sanction  of  the  American  Government. 
That,  in  connexion,  however,  ^^  ith  this  declaration,  your  memorialists  respectfully  remark,  that,  notwithstanding 
the  existence  of  the  iion-iuiportation  act,  the.  citizens  of  the  United  States  might  lawfully  transjxut  their  property, 
consisting  of  British  products  or  fabrics,  from  one  British  port  to  another:  or  from  a  British  i)ort  to  the  pm-ts  of  any 
other  i'(ueign  nation:  and  an  ulterior  design  to  bring  the  luoperty  to  their  own  home,  whenever  that  course  might 
also  be  lawfully  pursued,  lias  never  been  denounced',  and  can  never  be  justly  denounced,  as  a  subject  for  prosecution 
and  pMnisliinei'it:  \\m\  if.  upon  a  rigid  interpretation  of  a  doubtful  expression,  it  has  been  alleged  that  a  penalty  is 
incurred,  by  the  act  of  putting  snoods  of  British  gnnvth  or  manufacture,  on  board  of  any  ship  or  vessel,  with  intention 
of  imporliiig  them  into  the  I'niied  States.  "  against  the  prohibition  or  the  true  intent  and  meaning  of  the  hmv\ 
even  before  "the  goods  have  been  brought  within^the  jurisdiction  of  the  United  States,  yet.  neither  the  spirit  nor  the 
language  of  the  lav.'  can  ever  be  so  strained,  a.>  to  aitix  the  same  penalty  to  the  act  of  putting  such  goods  on  board  of 
any  shfp  or  vessel,  with  the  (luaiified,  contingent,  and  avowed  intention  of  importing  lhem_.  on/y  irhen,  and  after., 
the  legislative  prohibition  had  erased,  and  th(  intent  and  meaning  of  th;'  law  rould  not  possibly  be  contravened. 

That  your  inemorialisis  ha\iiig.  with  these  unoiTending  dispositions,  transported  their  property  from  England  to 
the  port  of  Fernandina.in  Amelia  Island,  were  anxiously,  but  submissively  waiting  the  decision  cf  Congress  upon 
their  case,  when  a  political  revolution  suddenly  occurred,  which  transferred  the  possession  and  jurisdiction  of  the 
I>land  from  Spain  to  the  United  States.  It  appears,  from  the  public  documents  of  the  time,  that,  in  consequence  of 
an  insurrection  of  the  neighbering  inhabitant-.,  the  town  of  Fernandina  surrendered  to  an  armed  jiarty,  calling  them- 
selves "the  Patriots.'"  oiuhe  17tl!  of  March.  1812:  that  the  Patriots,  on  the  ensuing  day,  entered  into  capitulation 
with  General  George  r\Iathev;s,  at  tl'.e  head  of  the  land  and  naval  forces  of  the  United  States,  ceding  to  him  the 
town,  the  harbor,  and  the  adjacent  country,  as  the  deputed  commissioner  of  the  I'nited  States,  to  receive  the  cession; 
and  that  General  Mathews  took  immediate  ])o, session  of  Fernandina,  appointed  a  judge,  a  collector,  a  harbor  mas- 
ter, and  a  notary  public;  and  exercised  all  the  other  functions  of  government,  civil  and  military,  in  the  name,  and 
on  behalf,  of  the  United  Sta'es. 

*Foj-  '.his  letter  see  No.    391,  ])ag-e  C18. 


1813.]  REMISSION   OF   PENALTIES    AND    FORFEITURES.  639 


That  your  memorialists  are  aware  of  the  disclosnrp,  at  a  period  Ion;:  subsequent,  of  tiie  secret  act  of  ('ongres=, 
passed  on  the  lotli  of  January,  ISll,  authorizing;  tht;  President,  upon  the  occurrence  of  certain  events,  to  take  posses- 
sion of  the  territoiy  iyin^  east  of  the  rivei-  IVrdido,  .iml  soiilh  of  the  St.iti'  of  (IcDr^^ia,  and  liie  Mississippi  territory, 
of  tlie  coinniission  and  instructions  issued  to  Geneial  Mathews  and  ('ol.  McKeu,  joiiilly  and  severally,  for  carry- 
ing the  provisions  of  the  act  into  elfect;  and  of  the  jiids;ineut  of  the  I'residenl,  tliat  (jeneral  Mathews,  in  accepting 
the  cession  of  Fernandina,  under  the  circumstances  uiiich  iiave  been  staled.  trans;iiessed  tiu'  liniils  of  iiis  coniniis- 
sion.  But  your  memorialists,  with  great  deference,  ohseive,  that,  in  a  transactiiio  lo\\hi(ii  the  Legislative  and  Exe- 
cutive Departments  of  the  Governraent  had  tluisaflixed  the  seal  of  secrecy  and  coididence.  a  knowhuli^e  of  the  law 
could  not  be  acquired,  by  the  ordinary  means  of  imformation;  and  every  cifi/.en  was  obliged,  every  ciii/.en  was 
bound,  to  pi'esume  the  competency  and  the  validity  of  General  Mattheus"  auljiority.  simply,  because  (he  authority 
was  exercised.  The  commissiimer  might,  therefore,  be  personally  resptJiisible  fur  hi.s  (ondiict;  reparation  might 
Ix^come  due,  as  for  a  violation  of  the  territory  and  sovereignty  oi  a  foreign  Power;  and  individuals,  upon  the  spot. 
might  be  involved  in  losses,  liir  which  no  indemnity  could  be  obtained;  but  it  will  be  without  preceilcnt,  as  it  is, 
most  manifestly,  without  principle,  that  the  American  Government  should  take  advantage  of  the  honest  delusion 
produced  by  the  public  conduct  of  an  accredited  agent,  acting  under  color  oi  a  secret  commission,  to  entangle  its 
own  citizens  in  the  net  of  legal  confiscation. 

That,  as  soon  as  the  revolution  of  Fernandina  appear<'d  to  Ik'  consummated,  by  the  organi/,atio:i  and  establish- 
ment of  a  govermnent  under  the  authority  of  the  I'nited  Slates,  ths.'  masters  of  the  ships,  belonging,  as  beiiire  men- 
tioned, to  your  memorialists,  and  the  supercargoes  charged  wiih  the  care  of  the  goods  on  board,  saw  that  the  danger 
and  the  diificulty  of  their  situation  were  gre.itly  increased,  wilhmit  their  |)artici[)atii)n  in  the  cause.  15y  an  act  per- 
formetl  in  the  name,  anil  under  the  authority  of  the  United  i^tates,  Amelia  island  had  become  an  American  [)osses- 
sion;  the  vessels  and  cargoes  of  your  memorialists,  without  their  intention  <a-  knowledge,  were  subjected  to  the 
American  jurisdiction;  the  Island  no  longer  remaining  a  neutral  asylum,  seemed  to  present  an  attitude  ol'  defiance 
towards  England,  as  well  as  Spain;  and  the  rich  accumulation  of  American  pioperty  in  the  harbor  of  Fernandina, 
afforded  so  strong  a  temptation,  that  any  other  inducement  was  scarcely  wanting,  to  ensure  a  predatory  visit,  under 
whatever  pretext,  from  some  of  the  belligerent  cruisers  or  privateers.  T(^  remain,  therefore,  at  Amelia  Island,  in 
this  unexpected  change  of  circumstances,  was  thought  a  wilful  sacrifice  of  the  ships  anil  cargoes.  The  alternative 
(^f  seeking  another  sale  and  peaceful  port,  in  a  ibreign  country,  was  thought  imi)racticable:  lor,  no  voyiigt;  could  bo 
undertaken,  with  a  hope  of  avoiding  capture;  no  ins'.irance  could  be  eiU-cted,  at  any  rate  of  premium;  and.  after  all, 
what  port  was  open  for  selection,  to  which  the  belligerents,  with  hostile  views,  could  not  also  resort.-  In  this 
ciiemma.  it  was  natural,  it  was  proper,  that  the  agents  of  your  memorialists  should  apply  for  advice  and  assistance, 
to  the  commissi(mer  of  the  United  States,  whose  public  conduct  (then  deemed  to  be  duly  authorized)  had  contri- 
buted to  embarrass  them:  and  let  it  be  remarked,  that,  even  if  they  had  been  disposed  lather  to  i)iace  the  property 
of  your  memorialists  within  the  reach  of  their  own  (xovei-innen!,  as  an  object  of  confiscation,  than  to  expose  it  to  the 
belligerents,  as  an  object  of  pillage,  tiie  patriotism  of  the  choice  might  serve,  in  the  most  unfavorable  result,  as  some 
excuse  for  its  imj)rudence. 

But  your  memorialists  furliier  respectfully  repre-ent.  that  their  agents,  well  krowing  the  nature  antl  obligation 
of  the  instructions  which  they  had  received,  felt  no  disposition,  under  any  aspect  of  affairs,  to  eiiter  the  ports  of  the 
United  States,  in  violation  of  the  law.  Of  the  authority  of  (jeneral  Mathews  to  accept  the  cession  of  Fernandina, 
upon  the  terms  of  the  capituiation.  they  never  conceivetl  a  dirubt:  of  the  constitutional  or  legal  effect  ol  the  cession 
to  identify  Amelia  Island  with  the  territory  of  the  United  States,  they  never  presumed  to  form  an  opinion;  of  the 
fiubiic  policy  and  lawfulness  of  removing  the  American  property  from  Amelia  Islatid,  they  believed  General  Ma- 
thews to  be  a  competent  judge;  but,  still,  with  respect  to  all  these  cimsiderations.  they  referred  their  conduct  itnpli- 
citly  to  the  order  and  guidance  of  the  commissioner,  acting  in  the  name  and  under  the  authority  of  the  laiittnl  States, 
as  will  more  particularly  appearby  their  address,  and  hisanswer,  of  vvhich  copies  are  annexed  to  this  memorial,  B,  C. 

That  from  these,  and  otherdocuments  now  exhibited,  }-our  memorialists  are  confident  that  it  will  bj  satislactorily 
proved  to  your  honorable  body,  that  the  ships  and  cargoes  belonging  to  them,  as  before  stated,  were  not  vti!uatarily_ 
brought  by  their  agents  from  Amelia  Island  into  the  United  States,  with  a  design  to  contravene  the  prohibition  of 
the  act  of  Congress  respecting  goods  of  British  growth  or  manufacture;  tnit  that  they  were  sent  hither,  under  an 
apparently  lawful  licence,  upon  motives  of  public  policy,  in  a  case  of  necessity,  to  be  disposed  of  as  the  Government 
should  be  pleased,  eventually,  tt(  direct:     Thus, 

1.  The  agents  of  your  memorialists,  declaring  that  they  ilid  e.ot  wish  to  violate  any  law,  and  expressing  a  belief 
that  General  Mathews  possessed  sufficient  powei-s  for  the"occasion,  suggested  that  permission  might  be  granted  to 
proceed  from  Amelia  Island  to  Philadelphia,  as  a  place  of  refiige  and  safety,  under  bonds  to  deliver  the  ships  and 
cargoes  into  the  hands  of  the  collector,  subject  to  the  orders  of  (he  President. 

2.  General  Mathews,  acting  upon  a  knowledge  of  his  powers,  and  exercising  his;  own  judgment,  adopted  the 
suggestion;  considering  the  sifips  and  cargoes  to  be  un.ler  the  protection  of  the  capitulation,  by  which  Amelia  Island 
was  ceded  to  the  United  States;  considering,  on  motives  oi'  public  policy,  as  well  as  of  [>riva!e  justice,  that  the  large 
amount  of  property,  at  Amelia  Island,  would  be  an  additional  attraction  to  the  belligerents,  and,  probably,  lead  to 
liostilities  at  that  place:  considering,  that,  in  consequence  of  the  cession,  tiie  vessels  and  cargoes  were  under  the 
orotection  of  the  flag  of  the  t'nited'States,  in  the  waters  of  an  integral  part  of  the  common^  country;  and  considering 
that,  for  these  reasims,  the  ships  and.  cargoes  could  no  livnger  be  subject  to  the  penalty  of  the  nt)n-in:poitalioii  law, 
upon  entering  a  port  of  the  United  States",  with  the  sanction  of  his  licence. 

3.  But,  at  the  moment  of  issuing  the  licence,  b^nuls  were  exacted  tVoin  y.rar  memorialists,  with  a  ciKulition,  "  to 
produce,  to  the  collector  of  the  district  of  Amelia  Island,  within  six  months,  a  certificate  that  the  cargoes  had  been 
delivered  to  the  collector  of  Philadelphia,  and  to  remain  in  his  charge,  until  the  tletermmation  ol  the  Governmeni 
of  the  United  States  should  be  known:"'  and,  with  these  bomls,  the  ships  and  cargoes  s:iiled,  and  were  actually 
consigned  to  the  collector  of  the  port  of  Philadelphia,  under  the  licence  ot  a  letter,  which  Governor  Mathews 
addre'ssed  to  that  otlicer,  bearing  date  the  31st  of  March,  181-2.  (D.) 

That  it  is  thus  manifestly  proved,  that  the  ships  and  cargoes,  belonging  to  your  memorialists,  as  before  stated, 
were  sent,  fir  safety,  about  the  10th  of  April,  1810,  from  Amelia  Island,  into  the  waters  oi  the  United  States,  under  a 
public  licence,  to  be  delivered  {not  to  tlicir  rexpcr/irc  oicner.';,  but)  to  the  officers  oi  the  Governm"nt  in  the  port  ol 
Philadelphia;  subject  {not  to  the  order:;  of  their  re.ipeclivc  otniertt.  but)  to  the  orders  ot  the  President.  'I'he  ships 
and  cargoes,  accordingly,  arrived  in  the  Delaware,  ab;iut  the  Illth  of  April,  m  their  passage  to  the  port  ot  Philadel- 
phia: but,  notwithstanding  the  peculiar  cirumstances  undei-  which  they  arriveil,  with  a  iaii' destination  to  the  portol 
the  owners,  for  delivery  to  the  collector  there,  by  the  order  of  General  Mathews,  and  notwithstanding^  the  certain 
and  continued  power  of  the  Government  over  the  property,  in  the  port  of  Philadelphia,  as  well  as  elsewhere,  withni 
the  territory  of  the  United  States,  the  ships  and  carg  )es  were  sei/.ed,  upon  an  alleged  breach  ot  the  noa-importa- 
tion  law,  in  the  district  of  Delaware,  and  carried  to  \h?  port  of  Wdmitigtoii,  for  trial  and  adjudication.  And.  by 
these  proceedings,  your  memorialists  (without  indulging  the  useless  language  o!  complaint)  have  to  lament  that 
they  are  involved  in  a  forfeiture  of  the  btjnds  which  have  been  given  at  Amelia  Island;  that  they  are  deprived  o; 
the'benefit  of  the  decision  of  the  Government,  upon  the  question  of  admitti'.ig  or  excluding  the  ships  and  cargoes. 
for  refuge  and  safety,  if  not  for  impartation  and  trade:  tliat  they  have  been  compelled  to  o'.)taina  rt'stitutioii  ot  their^ 
property,  upon  bonds,  with  sureties,  for  their  respective  interests,  amounting  to  the  aggregate  sum  ot  S:345.731  22;  ot 
which  the  interest  of  (me  of  your  memorialists,  alone,  (Stephen  (^rard)  amounts  to  the  sum  ot  three  hundred  and 
three  thousand  four  hundred  c-iglity-eight  dollars  and  eighty  three  cents;  that  ihey  have  been  obliged  to  secure  and  :i> 
nay  the  duties  of  tonnage  and  impost  upon  their  ships  and  cargoes,  (amounting  at  least  to  a  sum  ot  S'!  1.338  11)  even 
before  the  fate  of  the  property  is  ascertained:  and,  finally,  that  they  are  cimsirained,  at  a  crisis  ot  such  public 
importance,  to  obtrude  upon  the  time  and  attention  of  Congress  a  respectful,  but  earnest,  solicitation  h:v  reliet  iroin 
the  prosecution  which  threatens  them.  _  . 

And  here  your  memorialists  rest,  with  a  confidence,  which  every  consideraUon  of  tne  wisdom,  the  lusdce,  a  i. ' 
th°  impai  tiality  of  Congress  is  calculated  to  ibrtify  and  confirm.    They  have  seen,  with  sentiments  oi  unqualitied 


640  •       '  FINANCE.  '  [1813. 

approbation,  a  legislative  interposition,  to  save  from  (he  ruin  of  heavy  penalties  and  forfeitures,  a  class  of  citizens, 
who,  proceeding  upon  a  sincere,  though  mistaken  anticipation  of  the  eftijct  of  the  alleged  revocation  of  the  British 
i;rder.s  in  council,  in  relation  to  the  American  non-importation  system,  voluntarily  and  unlawfully  sent  their 
vessels,  and  their  cargoes,  in  a  direct  voyage  from  England  to  the  United  States.  They  now  present  a  case,  in  which 
an  importation  into  the  United  States  was  never  contemplated,  pending  the  existence  of  tlie  non-importation  law; 
in  which  property  has  been  placed  within  the  jurisdiction  of  the  United  States  by  the  force  of  events  beyond  the 
influence  and  control  of  its  owners;  in  which  the  authority  of  the  Government  was  employed  (colorably  at  least) 
to  produce  those  events;  and  in  which  the  ships  and  cargoes  of  your  memorialists,  brought  into  the  waters  of  the 
United  States,  under  the  licence  of  a  public  agent,  lor  the  purposes  of  refuge  and  safety,  have  been  unjustly  branded 
with  the  offence  of  an  illicit  importation  for  the  purposes  of  trade.  Does  not  the  honor  of  the  Government,  then, 
equally  \yith  the  innocence  or  the  misfortune  of  your  memorialists,  seem,  in  such  a  case,  to  demand  that  the  claim  of 
confiscation  should  be  ettectually  silenced.^  A  court  of  law  may  construe  the  words  of  the  prohibitory  act  so  as  to 
embrace,  in  its  penal  dispensations,  a  contingent  and  eventual  intention,  as  well  as  a  wilful  and  direct  intention,  to 
import.  A  judge  may  regard  the  defective  authority  of  a  public  agent  as  no  authority  to  justify,  or  excuse,  an 
acquiescence  in  its  exercise.  The  equitable  jurisdiction  of  the  Treasury  Department,  also,  may  be  deemed  inade- 
quate to  remit  an  imputed  forfeiture  of  a  nature  sd  complex,  and  of  ;i  magnitude  so  great.  But,  in  Congress,  every 
power  resides  to  display  tise  lionor,  the  justice,  and  the  liberality  of  the  nation,  ancf  to  Congress  your  memorialists 
definitively  appeal. 

STEPHEN  GIR\RD, 

Thomson  &  Morris,        Bryan  &  Schlatter,  Edward  Wilson, 

Longstreth  &  Wilson,     Rugan  &  Rhodes,  Jonathan  Ogden,  by  his  attorney,  Edward  Thompson. 

William  S.  Crothers,      Jn.  Vaughan.  administrator  of  Samuel  Merrill. 

Philadelphia,  -iS/A  May,  1813. 

A. 

To  the  Senate  and  House  of  Representalivea  of  the   United  States    of  £merlca,  in  Congress  assembled,the  memo- 
rial of  Stephen  Girard,  of  the  city  of  Philadelphia,  in  the  State  of  Pennsylvania,  merchant,  respectfully  showeth: 

That  your  memorialist,  who  has  been  engaged,  for  many  years,  in  tlie  prosecution  of  an  extensive  commerce, 
feels  pride  and  pleasure  in  being  able  to  affirm,  that  the  operations  of  his  personal  industry,  and  pecuniary  capital, 
have  not,  in  any  instance,  been  injurious  to  his  country,  nor  dishonorable  to  himself  And  at  the  moment  of  soli- 
citing your  attention  for  the  object  of  the  present  memorial,  he  prays  you  to  believe  that  he  aims  not,  in  any  de- 
gree, to  obstruct  the  policy  of  the  Government,  nor  to  obtain  from  legislative  favor  an  indulgence  which  is  incom- 
patible with  legislative  impartiality. 

That  your  memorialist  perceives,  in  the  existing  system,  prohibiting  the  importation  of  British  merchandise  into 
the  United  States,  a  design  to  coerce  the  justice  of  a  foreign  Power,  through  the  medium  of  its  interest;  but  it  can- 
not be  presumed  that  a  system,  calculated  to  vindicate  the  national  rights,  will  be  allowed  to  impair  the  national 
lesources;  or  that  the  means  employed  to  redress  the  wrongs  of  an  American  citizen,  shall  be  rendered  the  means 
more  completely  to  impoverish  and  oppress  him. 

That,  before  the  prohibitory  system  was  adopted  and  enforced,  there  had  been  entrusted,  either  directly  or  cir- 
cuitously,  to  the  care  of  British  merchants,  in  Europe,  a  considerable  portion  of  the  commercial  capital  of  the  United 
States,  which,  upon  the  adoption  of  that  system,  it  became  obviously  the  interest  of  the  nation  at  large,  as  well  as  ot 
ihe  individual  proprietors,  to  withdraw.  And  although  the  immediate  policy  of  our  Government  prevented  an 
investment  in  British  products  or  manufactures,  the  American  capitalists  were  enabled,  for  a  time,  by  fortuitous 
circumstances,  to  make  important  returns  in  the  public  stock  of  the  United  States,  and  in  the  stock  of  the  late  Bank 
iif  the  United  States,  as  well  as  by  bills  of  exchange. 

That  the  efficacy  of  the  prohibitory  system  has  been  thought,  so  far.  to  require  a  general  restraint;  but,  upon 
principle,  a  clear  and  satisfactory  distinction  has  always  existed,  and  must  forever  exist,  between  the  case  of  the 
merchant,  who  seeks  to  purchase  with  money,  or  on  credit.  Britisli  produce  and  manufactures,  for  the  current  pur- 
poses of  trade,  and  that  of  the  merchant  who  is  forced  into  a  similar  investment,  tor  the  sole  purpose  of  bringing 
home  his  pecuniary  funds,  which  had  previously  accumulated  in  the  hands  of  a  foreign  arant.  In  the  former  case, 
a  new  source  of  encouragement  may  be  opened  to  the  British  manufacturer;  but,  in  tlie  latter,  the  incidental  con- 
sideration of  British  profit  is  lost,  while  we  estimate  the  more  important  effect  which  adds  the  fruits  of  American 
enterprise  to  the  active  wealth  of  the  country. 

That,  connected  with  these  views  which  the  prohibitory  system  alone  presents,  your  memorialist  respectfully 
submits  to  the  wisdom  of  Congress  the  considei-ations  that  arise  from  an  approaching  war.  In  contemplation  of 
war,  every  government  endeavors  to  preserve  the  property  of  its  citizens  from  the  giasp  of  an  enemy;  and  even  few 
treaties  are  formed,  without  guarding  against  the  violenteftectsof  a  sudden  rupture,  by  an  express  stipulation,  that, 
in  such  event,  the  citizens  of  the  contracting  parties  inhabiting  the  territory  of  each  other,  j-hall  enjoy  a  reasonable 
opportunity  to  remove  themselves  and  their  goods.  The  prohibitory  system  prevented  the  importation  of  British 
merchandise  into  the  United  States;  but  the  strong  and  continued  indications  of  an  approaching  war  admonished 
every  American  citizen  to  remove  his  property,  in  any  practicable  mode,  to  any  lawful  place  of  deposite,  out  of  the 
sphere  of  British  seizure  and  confiscation.  Hence,  when  it  was  no  longer  practicable,  in  the  ordinary  modes  of 
lemittance,  by  bills  of  exchange,  or  by  purchases  of  American  stock,  to  transfer  pecuniary  funds  from  England  to 
America;  when  gold  and  silver  were  scarcely  current,  and  could  not  be  exported;  and  when  the  depreciated  state 
even  of  bank  notes,  forbade  the  voluntary  acceptance  of  any  payment  for  a  debt,  in  the  paper  medium  of  the  kingdom; 
the  American  sayv  no  other  prospect,  to  rescue  his  fi)rtune  from  the  impending  war,  than  in  investment  in  British 
merchandise,  which,  without  offending  English  or  American  laws,  he  might  transport  to  an  asylum  of  temporary  se- 
curity, if  not  of  ultimate  emolument,  in  some  neutral  country. 

That,  resting  his  hope  of  relief  upon  these  general  I'oundations,  your  memorialist  proceeds,  with  deference  and 
respect,  to  represent  the  peculiar  circumstances  of  his  own  case,  in  a  brief  but  distinct  narrative,  which  he  is  ready 
*o  verily,  with  all  the  formalities  of  legal  evidence.  Thus,  it  has  been  his  course  of  trade  for  several  years  past, 
to  send  valuable  cargoes,  consisting  of  "the  produce  of  the  United  States,  and  of  the  produce  and  fabric  of  the  East 
and  ^Vest  Indies,  in  his  own  vessels,  to  the  continent  of  Eui-ope.  where,  the  cargoes  being  sold,  the  greater  portion 
of  the  proceeds  of  the  sales  has  been  invested,  tiom  time  to  time,  in  Spanish  milled  dollars,  and  sent,  in  the  same 
vessels,  to  the  Isles  of  France  and  Bourbon,  Java,  Madras,  Calcutta,  and  Canton,  to  procure  return  cargoes  for  the 
port  of  Philadelphia.  The  proceeds  of  sales,  which  were  not  thus  employed,  were  remitted  to  London;  but,  in  the 
year  1807,  when  the  embarrassments  and  dangers  of  neutral  commerce  had  greatly  increased,  your  memorialist 
deemed  it  expedient  to  abaiulon  the  scheme  of  circuitous  voyages;  his  vessels  were  ordered  to  return  immediately 
from  Europe  to  America,  and  his  consignees  upon  the  continent  were  instructed  to  remit  the  whole  proceeds  of  his 
consignments  to  Messrs.  Baring.  Brothers,  &  Co.  of  London,  for  his  use.  In  consequence  of  these  arrangements,  it 
will  appear,  from  a  schedule  annexed  to  this  memorial.  A,  that,  on  the  31st  of  December,  1808,  the  balance  in  favor  of 
your  memorialist,  in  the  hands  of  Messrs.  Baring,  Brothers,  &  Co.  amounted  to  £33,681  17s.  sterling;  that,  during  the 
year  1809,  the  sum  of  £131,003  5s.  9f/.  sterling,  was  remitted  from  the  continent  to  the  London  house;  and  the  sum  of 
£62.042  16s.  8f/..  was  drawn  for  by  your  memorialist,  leaving,  on  the  31st  of  December,  1809,  a  balance  in  his  favor, 
amounting  to  £103,642  6s.  \d.  sterling;  that,  d  uring  the  year  18 10,  tlie  sum  of  £69,500  Is.  1  Irf.  sterling, was  remitted  from 
the  continent  to  the  London  house,  and  the  sum  of  £45,440  15s.  Id.  sterling,  was  drawn  for  by  your  memorialist,  leav- 
ing, on  the  31st  of  December,  1810,a  balance  in  his  favor, amounting  to  £116,701  13s.  5f/.  sterling;  and  that,  during  the 
year  1811.  the  sum  of  £77,794  Is.  Ad.  sterling,  was  remitted  from  the  continent  to  the  London  house,  finally  placing  in 
their  hands  an  aggregate  amount  of  £194,495  I3s.  9f/.  steriing,  subject  to  the  orders  of  your  memorialis't. 


18130  REMISSION    OF   PENALTIES    AND  FORFEITURES. 


(J41 


That  your  memonali>.t  here  prays  leave  to  remark,  tliat  this  accumulation  of  funds  in  tlie  hands  of  the  London 
house  did  not  arise  from  a  course  ot  Knsiish  trade,  nor  was  it  designed  for  an  investment  in  Hritish  merchandise. 
The  fact  is,  tliat  Messrs.  Baring,  Brotheis.  &  Co.  were  constituted  the  Kuropvan  bankers  of  your  memorialist,  and 
were  instructed  to  make  remittances  to  him  in  American  stock  and  hank  shares.  The  commencement  of  the  year 
1811,  however,  exhibiteda  crisis  tlie  most  alarming.  On  the  one  hand,  the  hope  of  o!)taining  satisfiictory  remittan- 
ces from  England  vanished;  while,  on  the  other,  the  prospect  of  inevitable  war  seemed  lo  pul  nl  ha/,ard  the  [uoperty 
itself.  In  this  situation,  your  menutrialist  determineilto  close  his  Eui-opean  transiclions,  :nid  to  collect,  at  a  poiti; 
nearer  to  his  home,  his  various  pecuniary  resources.  In  the  lullilment  of  this  determination,  he  employed"  tlie  proper 
agents,  and  the  result  has  been  the  investment  of  a  part  of  his  fuiuls  in  American  stock,  and  bank  shares:  of  another 
part  in  British  merchandise;  and  still  leaving  a  balance  of  -e!0,G.'i!t  is.  2(1.  sterling,  in  hi'^  tiivor,  in  the  li;:nds  of  Messrs. 
Baring,  Brothers,  &  Co. 

That  your  memorialist,  with  a  more  particular  view  to  the  relief  ihai  he  seeks,  further  represents,  that  the  British 
merchandise  thus  procured  and  specilied  in  the  statement  marked  B,  having  not  yet  received  tlie  oiigitinl  invoices, 
was  shipped  on  board  his  vessel  called  the  Good  Friends.  Robert  Thompson,  master,  which  s;iilfd  about  tlie  tth  of 
January,  l.Sl-2.  from  the  port  <if  London,  for  Amelia  island,  Rio  Janeiro,  and  l'liiladel|)hia;  tlie  last  place  being  men- 
tioneil  in  the  clearance,  because  Captain Thom|)S(m  had  given  bond  to  land  ceitain  articles  there,  \t/.:  thi-ee  an- 
chors, twenty-five  boxes  of  sheathing  copper,  and  two  barrels  patent  copper  sheathing  nails,  intended  for  the  use  ol" 
my  ships:  that  the  vessel  ariived  at  Amelia  Island,  about  the  9th  of  February,  and  that  she  tliere  lies  with  liercar"-o 
constituting,  together,  a  property  amounting,  as  per  statement,  to  £66,913  19,s-.  Id.  sterling,  exposed  to  tempests  a7i(i 
fire,  to  felonious  depredations,  and  hostile  capture- 

And  nov/  your  memorialist,  having  shown  the  origin  and  progress  of  the  present  transaction,  by  w hi(  h  he  ha^ 
rescuei!  his  property  from  the  possession  of  a  contemplated  enemy,  at  the  eve  of  a  public  war,  |)re>unies,  most 
earnestly,  though  most  respectfully,  to  hope,  that  he  may  be  permitted,  also,  to  rescue  it  from  the  existing  (laniier,  bv 
placing  It,  upon  any  terms,  within  the  ji.irisdlction.  an<l  under  the  protection,  of  the  Lnited  States.  If.  nolwitrfstand- 
ing  the  peculiar  circumstances  of  the  case,  it  shall  be  deemed  inexpedient  to  admit  his  vessel  and  cargo  to  a  general 
entry,  he  concludes  with  praying  that  they  may  bi'  admitted  to  take  refuge  in  the  possession  of  the  revenue  olficers 
of  any  port  of  the  United  States,  until  a  season  of  greater  safety. 

Philadelphia,  J/arc/t  9,  181'2. 

Explanatory  Statement  A. 

These  .several  years  past,  I  have  been  in  the  habit  to  ship,  on  my  account,  cargoes  consisting  of  produce  of  the 
United  States,  and  other  articles  of  India,  West  India,  &c.,  to  the  continent  of  Europe.  Those  shipaients  have 
been  disposed  of.  at  their  respecthe  destinations,  by  the  consignees;  and,  in  many  instances,  the  greatest  part  of 
their  proceeds  were  invested  in  Spanish  milled  dollars,  &c. ,  and  shipped  on  board  of  my  ships  or  vessels  for  the 
isles  ot  France  and  Bourbon,  Java.  Madras,  Calcutta,  and  Canton,  and  back  to  this  port.  The  residue  of  the  nett 
proceeds  of  the  original  cargoes  was  remitted,  from  time  to  time,  to  my  London  friends,  until  July,  1807,  when  the 
iticreasing  difficulties  compelled  me  to  order  my  ships  back  direct  from  said  continent  of  Europe  to  this  port,  and  to 
request  my  consignees  to  remit  my  funds  to  Messrs.  Baring.  Brothers,  &  Co.,  merchants,  of  London,  subject  to  iny 
order,  as  It  appears  by  the  following  statement,  viz.: 

On  the  31st  of  December,  1808.  balance  in  my  tavor  in  the  hands  of  the  London  house.  £33.681  17s.  steriin". 

During  the  year  1809.  £131,()03  bs.  'Jt(.  sterling,  were  remitted  from  Amsterdam,  &c..  to  the  London  houserand 
my  bills.  &c.,  on  said  house,  during  that  year,  amounted  to  j6()-3,042  His.  8d. 

On  the  3Ist  December,  1S09,  balance  in  my  favor,  £10-2.642  Gs.  Id. 

In  the  year  1810,  remittances  from  the  continent,  amounting  to  £59,500  l.s.  11(/.  sterling,  were  made  on  my  ac- 
count, and  the  amount  of  my  bills,  &c.,  during  that  year.  £45.140  lo.s.  ~d. 

Balance  in  my  favor,  on  31st  December.  1810,  £116,701  12*.  5;/.  sterling. 

The  remittances  made  on  my  account,  in  the  year  1811,  by  my  consignees,  (ui  the  continent  of  Europe,  to  Messrs. 
Baring,  Brothers,  &  Co.,  amounted  to  £77.794  l,y    id. 

The  lowness  of  exchange  on  England,  with  the  increasing  danger  and  difficulties  which  our  commerce  experi- 
enced in  Kurop:.  together  with  the  apparent  gradual  depreciation  of  British  sterling  bank  notes,  and  the  rumors  of 
war  between  this  country  and  some  of  the  belligerent  Powers,  rendered  me  very  uneasy,  particularly  as  I  had  not 
received  those  remittances  which  5  had  requested  my  London  friends  to  make  me  in  American  stocks  and  in  Uniteil 
States'  Bank  shares.  After  meditating  on  these  unfavorable  prosnects.  in  July  last  I  decided  to  li(|uidate  the  un- 
.settled  business  which  I  had  on  the  continent  ol'  Europe,  an;!  to  draw  from  there  and  from  England  all  the  funds 
whic'a  I  had  in  those  countries-  For  that  purpose,  I  appointed  two  confidential  agents:  one  Is  Mr.  Charles  N. 
Bancker,  a  competent  judge  of  dry  goods,  whom  1  furnished  with  a  letter  of  credit  on  Messrs.  Baring.  Brothers.  & 
Co..  of  Loiuloi!,  foi-  £50,000  sterling,  to  be  invested  in  British  manufactures,  to  be  shipped,  on  my  account,  on 
board  of  my  ship  Good  Friends.  The  other  agent  was  Mr.  Joseph  Curwen,a  iiiercliant  of  this  city,  whom  [  investetl 
with  my  general  power  of  attorney  to  settle  all  my  European  business,  and  to  remit  me  my  funils  "as  fast  as  practica- 
ble. Th'it  gentleuian  was  also  authorized  to  furnish  Mr.  Charles  N.  Bancker  with  an  additional  sum  of  £10.000 
sterling,  to  he  also  invested  in  British  manufactures,  if  he  should  judge  advisable. 

Mr.  Charles  N.  Bancker  went  from  New  York,  early  in  August,"l811,  to  England,  where  he  attended  the  busi- 
ness allotted  to  him.  Mr.  Joseph  Curwjn  sailed  from  the  river  Delaware,  on  or  about  the  1st  August  last,  in  my  ship 
Good  Frieiuls.  Robert  Thoinpson.  r.iaster,  for  Lisbon:  there  atteudeil  to  the  sales  of  that  ship's  cargo,  consisting  of 
flour;  went  to  Cadiz  on  business  of  his  own:  and  from  there  proceeded  to  Lontlon.  where  he  arrived  in  October  last, 
superintending  my  interest,  and  investing  funds,  on  my  account,  in  American  6  per  cent,  stock,  at  12  per  cent, 
above  par.  and  United  States'  Bank  shares  at  about  £94  10*.  per  share,  to  the  amount  of  £153.850  9s  7d.  sterling 
including  £66.943  19s.  Id.  sterling  amount  of  British  manufactures  selected,  purchased,  and  shippeil,  on  my  ac 
count,  by  Mr.  Charles  N.  Bancker.  &c. ,  on  board  of  the  ship  Good  Friends.  Robert  Thompson,  master. 

On  or  about  the  20th  November  last,  Mr.  Joseph  Curwen  went  from  England  over  to  the  continent  of  Europe, 
lor  the  purpose  of  settling  my  concerns  at  Hamburg,  Riga,  and  Sweden. 

Mr.  Charles  N.  Bancker  sailed  from  Portsmouth.  England,  passenger  on  board  of  the  ship  Good  Friends,  on 
the  4th  January  last.  At  his  departure  from  that  country,  there  was  still  a  balance  in  my  iiivor  of  £40.639  4s.  2;/. 
sterling  in  the  hands  of  Messrs.  Baring.  Brothers.  &  Co. 

The  funds  which  I  had,  and  still  have,  in  England,  result  altogether  out  of  the  proceeds  of  the  slii|)inents  (Ui  my 
accou!it.  which  I  have  consigned  to  iny  agents  on  the  continent  of  Europe,  who.  after  having  sold  m)\g()od>.  Iia\tj 
remitted  their  proceeds  to  Messrs.  Baring.  Brothers  &  Co. 

The  foregoing  st;iteinent  of  the  yearly  balance  due  me  by  Messrs.  Baring,  Brothers,  &  Co  .  of  London,  ever  since 
the  31st  December,  1808,  may,  at  all  times,  be  proved  by  my  books:  also,  by  the  accounts  current  which  I  have  re- 
ceived from  that  house;  their  correspondence  with  me:  and  by  the  several  accounts  of  sales,  accounts  current,  and 
letters  received  from  niy  agents  and  consignees,  of  my  shipments  to  said  continent  of  Europe. 

The  ship  Good  Friends,  Robert  Thompson  master,  with  a  cargo  of  British  manufactures,  amounting  to  £66.943 
19s.  If/.,  including  three  anchors,  sheathing  copper,  copper  nails,  bunting,  and  other  articles,  for  the  use  of  my  ships, 
was  cleared  out  in  London,  for  Amelia  Island.  Rio  Janeiro,  and  Philadelphia.  Sailed  from  England  oii'ihe  4th 
January  last,  and  arrived  at  Amelia  Island  on  the  9th  ult.  Captain  Robert  Thompson  having  been  compelled  to 
give  a  bond  for  the  landing  of  the  copper  and  anchors  in  a  port  of  the  United  States,  is.  as  I  am  informed,  the  cause 
which  has  induced  the  collector  of  the  British  customs  to  insert  Philadelphia  in  the  clearance  of  said  ship. 

My  ship  Good  Friends  and  cargo,  at  Amelia  Island,  being  subject  to  loss  by  tempest,  lire,  capture,  &c.  I  am 
anxious  to  secure  that  valuable  property  in  a  place  of  safety,  by  being  permitted  to  order  said  ship,  with  her  cargo, 
round  to  this  port;  here  to  enter  said  cargo  for  exportation,  and  to  have  the  same  landed  and  stored  under  the  care 
of  the  custom-house,  except  the  three  anchors,  the  sheathing  copper,  and  copper  nails,  a  small  ball  of  bunting,  four 
night  glasses,  with  several  charts,  amounting  to  £1,563  ISs.  sterling,  which,  being  intended  for  the  use  of  my  ships, 
part  of  them  are  now  wanted  for  a  new  ship  wh'ch  I  am  fitting  out. 


&• 


642 


FINANCE. 


[1813. 


Statement  of  Stephen  Girarcfs  account  with  Alessrs.  Baring,  Brothers,  Sf-  Co.  qf  London. 


1808. 
Dec.  31. 

1809. 
Dec.  31. 


1810. 
Dec.  31. 


1811. 
January  1. 
Dec.  31. 


Balance  in  favor  ol"  Stephen  Girard,         -  .  .  -  . 

Remittances  made  them  from  tlie  continent,  by  Hope  &  Co.  &c.  &c.  on  Stephen 
Girard's  account,  during  this  year,  together  .  -  -  - 

Deduct  for  sundry  of  my  drafts  on  them,  and  payments  they  made  on  my  account, 
during  this  year,       ..----.. 

Balance  due  Stephen  Girard,  31st  December,  1809, 

Remittances  made  them  from  the  continent,  &c.  &.c.  on  Stephen  Girard'a  ac- 
count, during  this  year,  ..-_.- 

Deduct  for  sundry  of  my  drafts  on  them,  and  payments  made  on  my  account, 
during  this  year,       ------- 

Balance  due  Stephen  Girard,  31st  Dec.  1810,  "  "  :  " 

Amount  of  remittances  received  by  them  on  my  account  from  the  continent,  &c. 

&c.  during  the  year  1811,        ------ 


s.     d. 


33,681   17     0 
131,003     5     9 


164,685     2     9 
6-2,04-2   16     8 


103,64-2     6     1 


59,500  1 

11 

162,14-3  8 

0 

45,440  15 

7 

116,701  12 

5 

77,794  1 

4 

194,495  13     9 


Deduct,  amount  of  my  drafts  on  them,  their  remittances  in  Bank  and  United 
States'  stock,  payments  made  to  Mr.  Charles  N.  Bancker,  &c.  &c.  during  the  \ 
year  1811,  and  up  to  the  8th  January,  1812,  -  -  -  -\       153,856     9     7 


Balance  due  to  Stephen  Girard  on  the  8th  January,  1812, 


£40,639     4     2 


B. 

To  General  George  Mathews,  Commissioner  of  the  United  Stales. 

Wp,  the  undersigned,  masters  and  supercargoes  of  the  following  American  vessels  and  their  cargoes,  viz:  the 
ship  United  States,  of  Philadelphia,  James  Girdon,  master,  George  Uugan,  agent  for  the  owners:  the  ship  Amazon, 
of  New  York,  George  R.  Turner,  master,  and  agent  for  consignees  and  owner:  the  ship  Good  Friends,  of  Philadel- 
phia, Robert  Thompson,  master,  and  William  Adgate,  supercargo,:  being  under  great  apprehension  i'or  the  safety  of 
the  vessels  and  property  under  their  charge,  are  induced  thus  to  offer  you  a  statement  ot  their  cases. 

The  ship  United  States  arrived  at  Amelia  25th  December,  1811,  from  Uiverpool.  with  a  cargo  consisting  of  crates 
of  earthenware  and  blankets,  the  property  of  Rugan  and  Rhodes,  merchants  and  citizens  ot  the  United  States,  resi- 
dent in  Philadelpiiia;  the  ship  Amazon  arrived  at  .\melia  22d  December,  from  Liverpool,  with  a  cargo  of  dry  goods 
belonging  to  citizens  of  the  United  States,  residing  in  Philadelphia,  New  York,  and  lialtimore;  the  ship  Good 
Friends  arrivetl  at  Amelia  on  the  10th  February,  Irom  London,  with  a  cargo  of  dry  goods  belonging  to  Mr.  Stephen. 
Girard,  a  citizen  of  the  United  States,  and  resident  merchant  in  Philadelphia. 

The  undersigned  beg  leave  to  state,  that,  by  reason  of  the  non-importation  law,  they  could  not  enter  the  waters 
of  the  United  States.  In  consequence  of  which,  they  came  here  to  wait  until  they  could  be  legally  admitted;  hav- 
ing remained  here  fiom  the  dates  above-mentioned,  with  all  their  cargoes  on  boartl,  which  will  appear  by  the  bills  of 
lading,  and  other  documents,  until  the  late  occurrences,  which  have  placed  our  vessels  and  property  under  the  pro- 
tection of  the  United  States.  That  they  are  fearful  that,  in  the  event  of  hostilities  being  commenced,  and  this  being 
ihe  seat  of  war,  the  property  may  not  be  safe  in  its  present  situation.  Not  wishing  to  violate  any  law,  and  deeming 
you  authorized,  we  are  induced,  for  the  safety  of  the  property  in  question,  to  request  permission  from  you  to  pro- 
ceed to  the  port  of  Philadelphia,  under  such  conditions  and  restrictions  as  shall  secure  the  property  iioin  the  penal- 
ties which  might  iirise  out  of  the  existing  laws  of  the  United  States.  Agreeably  to  your  request,  we  lay  Ijel'oie  you 
the  amount  of  the  cargoes,  as  far  as  they  can  at  present  be  ascertained,  which  we  suppose  will  amount  m  all  to  about 

ftve  hundred  thousand  dollars.  ^,,,  .  ^  x^,,,^.-,.- 

JAMES  GIRDON, 
GEO.  RUGAN, 
GEO.  R.  TURNER. 
ROBERT  THO^JPSON. 
.  WM.  ADGATE. 

Fernandina,  Anelia,  26th  March,  1813. 

Bales  195,  woollens,  consisting  of  point  blankets,  common  cloths,  and  Hannels,  about 

Cases   34,  thicksets,  velveteens,  and  cords,  -  -  -  .  - 

Cases   50,  dimities,      -  - 

52  trunks,  138  cases  calicoes,     --_-.-. 

Cases   12,  checks.        -----... 

Cases   10,  cotton  counterpanes,  -----.. 

Trunks  20,    do.    umbrellas,         -  -  -  -  -  .  . 

Cases   28,      do.  casisineres,  buff  and  blue  nankeens,  -  -  -  - 

Trunks  30.    do.  hosiery,  • 

27  bales  48  cases  cotton  shirtings,  -.-..- 

134  cases  32  trunks  colored  muslins,  gingliams,  handkerchiefs,  &c. 

2ft  mats  wire,  '^ 

3  casks    do.  | 

50  barrels  dry  white  lead,  >-        ----... 


50  kegs  do.  ground  in  oil,  | 
8  casks  litharge,  J 


Amount  of  copper,  &c.  purchased  by  William  Adgate,  about 


£si. 

s. 

d. 

15,000 

0 

0 

3.100 

0 

0 

4,200 

0 

0 

15.000 

0 

0 

850 

0 

0 

480 

0 

0 

430 

0 

0 

1,600 

0 

0 

1,650 

0 

0 

6,565 

5 

4 

15,460 

0 

0 

64,335 

5 

4 

1,044 

15 

5 

65,380 

0 

9 

1,563 

18 

4 

^66,943 

19 

1 

1813.]  REMISSION    OF    PENALTIES   AND   FORFEITURES.  543 

C. 

Fernandina,  March  ^llh,  1813. 
(ientlemen: 

I  have  received  your  statement,  mid  do  not  hesitate  as  to  the  justice  i'.nd  reason  of  your  request;  but  wish, 
for  your  own  interest,  as  well  as  for  pul)iic  satisfaction,  that  tl>e  mode  may  be  varied;  whicii  may  be  done  without 
mifitatins;  against  the  essential  part  of  your  petition. 

In  your  address  to  me  1  should  i)refer,  to  the  present  i'orm,  your  hriclly  stating  the  names  of  the  ships,  owners, 
amount  of  cargo,  the  port  last  from,  and  date  they  were  riding  at  anchor  in  these  waters,  under  the  protection  of  the 
Spanish  flag,  when,  on  the  17th  instant,  the  flag  was  changed  by  articles  of  capitulation  with  the  late  Patriots  of  this 
district,  ami  their  flag  hoisted;  that,  in  ihe  aforesaid  articles,  protection  is  a!l()riled  to  shipping  and  merchandise  of 
every  description,  and  that,  by  the  cession  of  the  F^itriots  of  this  district,  on  the  IHth.  to  the  United  States,  through 
me,  as  United  States' commissioner.  I  have,  in  my  ofticial  capacity,  guarantied  the  observance  of  the  capitulation; 
that,  unless  my  interference  is  aflorded  in  the  way  and  manner  you  point(Hit.  you  expect  the  ciiuseqiiences  you 
appear  to,  and  I  have  no  doubt  really  iliead  for.  I  fully  concur  in  opinion  with  you,  that  the  large  amount  of  property 
hero,  would  be  an  additional  excitement  to  the  belligerents  to  visit  this  place,  and  am  desirous  to  remove  every 
source  wliich,  in  its  conscnjuences.  miglit  lead  to  hostilities.  I  shall,  however,  require  that  a  schedule  ol'the  property 
removed  be  given,  and  that  ycni  enter  intobcmds  and  security  to  the  President  of  the  United  States,  that  yourshipi 
and  cargoes  shall  be  under  the  ilircction  and  control  of  the  collectors  of  the  ports  to\vhich  your  ships  may  be  den- 
tined,  until  i'urlhcr  orders  fnmi  the  Secretary  of  the  Treasury,  or  the  Government  of  the  United  States. 

I  am,  gentleiuen,  vour  obedient  servant, 

GEO.  MATHEWS. 

Messrs.  James  Girdon,  t;;-o.  Hug-an,  {',vo.  K.  Turm  r,  Robt.  Thomjison,  and   Wm.  Adg-ale. 

D. 

East  Florida,  March  Slst,  1812. 
Dear  Sir: 

A  revolution  has  lately  been  eftected  in  East  Florida,  and  the  late  province,  with  the  exception  of  the  town 
and  citadel  of  St.  Augustine,  ceded  to  the  United  States  by  the  constituted  local  authorities,  through  me,  as  United 
.States'  commissioner. 

Pre\ious  to  the  cession,  the  shii)  Good  Friends,  owned  by  Stephen  Girard,  merchant,  of  Philadelphia,  of  which 
Robert  Thonqison  is  master,  from  London,  was  tiding  at  atichor  in  the  Spanish  waters  of  Ainelia  river,  laden  as  pet- 
manifest  enclosed  will  appear,  when,  on  the  ItUh  instant,  the  Patriots  summoned  the  town  of  Fernandina  to  surren- 
der. It  capitulated  on  the  ITth  instani,  and.  on  the  18th.  the  Patriots  ceded  an  extensive  district,  including  thf  town, 
waters,  and  islands,  to  the  i"nitefl  States,  through  me.  as  United  States' commissioner.  In  that  capacity,  by  virtue 
of  powers  vested  in  me,  I  took  possession,  with  a  detachment  of  United  States'  troops,  to  hold  and  defend  the  same 
for  the  United  States,  stipulating,  in  my  acceptance  of  the  cession,  to  observe  inviolate  the  articles  of  capitulation 
of  Fernandina.  which  aftords  protection  to  pro[)erfy  of  every  description — a  copy  of  which  has  been  duly  transmitted 
to  the  Secretary  of  the  Treasury  of  the  I'nited  States;  and,  at  the  same  time,  1  forwarded,  with  others,  a  statement  of 
the  leading  circumstances  that"  relate  to  this  ship  and  cargo.  Having  a  full  conviction  that  neither  the  ship  nor  cargo 
will  be  subject  to  the  penalties  of  the  non -importation  and  non-intercourse  laws,  in  consequence  of  her  entering  a 
port  or  ports  of  the  United  States,  1  have,  for  the  following  reasons  and  circumstances,  thought  proper  to  grant  per- 
mission for  her  to  proceed  to  the  port  of  Philadelphia.  1  consider  her  now  to  be  under  the  protection  and  flag  of  the 
United  States,  and  in  the  waters  of  an  integral  part  of  our  common  country. 

1  have  taken  b(Uid  and  security  for  the  amount  of  forty-six  thousand  six  hundred  and  twenty  dolhirs,  that  the 
vessel  ami  the  whole  of  the  cargo  shall  be  delivered  in  charge  to  the  collector  of  the  port  of  Phihidelphia,  until  the 
determination  of  the  Government  of  the  United  States  be  known,  as  relates  to  her  case,  and  that  the  ship  and  cargo 
shall  be  subject  to  the  direction  of  tile  collector. 

Besides  the  justice  of  the  measure  I  have  adopted,  in  ordering  her  a  clearance,  I  think  good  policy  dictates  the 
propriety  of  the  measure  at  this  crisis:  for  she.  with  others  under  exactly,  and  smne  under  nearly,  similar  circum 
stances,  would  probably,  if  they  remained  here,  in\ile  the  attack  of  piratical  marauders,  and  perhaps  the  belligerents 
the  sooner  to  make  this  place  the  theatre  of  hostilities. 

I  am.  respectfully,  dear  sir.  your  obedient  servant. 


To  .Toun  Steelk,  Collector  of  the  porL  of  Phihuhlphia. 


GEO.  MATHEWS. 


13thCo:x(^RKss.  ]  No.    396.  [1st  Session 

]lK>nSSl()N    OF    PENALTIES    AND    F  ()  R  F  E  Ul' U  RE  S. 

(•OM>IUMrAri;D   TO    THE    SF.NArE.   JITNI:    -'H,    1813. 

Mr.  S:.!rrn,  from  the  Committee  to  whom  was  leferred   the   memorial  of  Stephen  Girard  and  othcr=.  made  the  fol 

lowing  report: 

That  the  memorialists,  respectively,  were  owner.-,  of  the  .^hips  Good  Friends,  the  United  States,  and  the  Amazon, 
with  their  respective  cargoes. 

That  in  the  Fall  of  the  year  1811,  the  memorialists  being  apprehensive  that  a  war  would  break  out  between  the 
Unitcil  States  and  Great  lji"itain.  sent  the  ships  and  cargoes'to  Amelia  island  as  a  place  of  safety,  with  an  intention, 
eventualfy,  to  bring  them  to  the  United  States,  if  the  non-imp(U-tation  law  shtmid  be  repealed,  or  the  sanction  of  Go- 
vernment should  be  obtained,  so  as  to  render  the  importation  lawful. 

That,  while  the  ships  and  cargoes  lay  in  the  port  of  Fernandina,  General  Mathews,  acting  in  the  name,  and  on 
belialf  of  the  United  States,  took  possession  of  Amelia  island,  and  established  a  local  government  there. 

'fhat  the  agents  of  the  memorialists  representeil  to  General  Mathews  the  increa.-^ed  danger  to  which  the  ships 
and  cargoes  were  exposed,  in  consequence  of  the  revolution  at  Amelia  island,  and  General  Mathew s,  impresse<!  with 
the  justice  of  the  representation,  as  w  ell  as  with  an  apprehension  that  the  continuance  of  .-0  much  valuable  property 
there  would  invite  hostilities,  granted  a  licence  to  proceed,  with  the  ships  and  cargoes,  to  the  port  <)(  Philadelphia, 
under  bonds  to  place  them  in  the  custody  of  the  collectcu'  of  the  port,  subject  to  the  orders  of  the  Government- 

That  th.e  sliips  and  cargiies,  on  the  way  to  Philadelphia,  under  the  authority  of  the  licence,  were  intercepted  and 
seized,  in  the  district  of  Delaware,  in  April,  1812,  and  libelled  on  the  ground  of  a  violation  of  the  non-impurtation  law. 

That,  soon  after  the  seizure,  the  ships  and  cargoes  were  restored  to  their  respective  owners,  upon  bonds  for  the 
appraised  value,  to  abide  the  flna!  adjudication  of  tlie  prosecution  which  had  been  instituted.  And  the  cargoes  were 
sold  in  the  months  of  April  and  May.  1810. 

That  the  memorialists,  upon  receiving  the  cargoes,  made  the  regular  entries  at  the  custom  house,  and  secured,  by 
bonds,  the  payment  of  the  duties  which  were  payable  according  to  law,  at  the  time  of  the  entry. 


644  FINANCE.  [1813. 

That,  upon  examination,  it  appears  that,  in  some  cases,  the  Secretary  of  the  Treasury,  under  the  act  of  March,  1797, 
and  Congress,  by  special  acts,  have  remitted  forfeitures,  upon  condition  that  tiie  respective  owners  should  pay  the 
rate  of  duties  imposed  by  the  act  of  the  1st  of  July,  1812,  although  the  importations  were  made  prior  to  that  day. 
But  it  is  understood  that,  in  ail  such  cases,  tlie  cargoes  remained  unsold  until  the  act  of  the  1st  of  July  commenced 
its  operation:  and  of  course  the  double  duties  were  charged  in  the  price  to  the  purchasers. 

Upon  this  view  of  the  circumstances  of  the  case,  the  Committee  submit  the  following  resolution  to  the  considera- 
tion of  the  Senate: 

Resolved,  That  a  committee  be  appointed  to  bring  in  a  bill  for  the  relief  of  Stephen  Girard  and  others,  the 
owners,  respectively,  of  the  ships  called  the  Good  Friends,  the  United  States,  and  the  Amazon,  and  their  cargoes, 
upon  condition  that  they  respectively  pay,  to  the  collector  of  the  port  of  Philadelphia,  for  the  use  of  the  United 
States,  in  addition  to  the  duties  by  them  heretofore  respectively  secured  and  paid  upon  the  said  cargoes,  a  sum 
which  shall  be  sufficient  to  make  the  whole  amount  paid  equal  to  the  amount  of  the  duties  that  would  have  been 
chargeable  if  the  cargies  liad  been  imported  and  entered  subsequent  to  the  1st  of  July,  1812. 


Ifith  Congress.  No.  397.  [1st  Sessiow. 


LOAN. 

COMMUNICATED  TO  THE  SENATE,  JULY    21,    1813. 

Treasury  Department,  July  19tk,  1813. 

Sir: 

I  have  had  the  honor  to  receive  your  letter  of  the  17th  instant,  inquiring  what  further  provision  is  deemed  ne- 
cessary to  be  made,  during  the  present  session  of  Congress,  for  meeting  the  public  engagements  and  defraying  the 
public  expenditures. 

In  the  report  made  from  this  Department  to  Congress,  on  the  2d  of  June  last,  tiie  means  already  provided  for  the 
service  of  this  year  was  stated  to  be  sufficient,  exclusive  of  any  additional  expenditures  wiiich  might  be  found  neces- 
sary on  account  of  the  War  and  Navy  Dejjartments.  New  and  additional  expenditures  are  contemplated  in  those 
Departments,  amounting  to  near  a  million  of  dollars,  and  calls  of  militia  in  various  parts  of  tlie  United  States,  which 
have  already  taken  place,  and  which  will  probably  be  repeated  before  the  close  of  the  present  year,  may  require  a 
million  of  dollars  more.  An  additional  sum  of  about  two  millions  may  therefore  be  considered  as  necessary  to  se- 
cure the  public  service,  during  tiie  remainder  of  the  year,  from  delay  and  embarrassment. 

As  the  loan  for  the  service  of  the  year  1814  cannot,  with  convenience,  be  made  sufficiently  early  in  that  year  to 
meet  the  demands  which  must  be  sustained  by  the  treasury  at  its  commencement,  it  is  proposed  that,  in  addition  to 
the  sum  of  two  millions,  abovementi<meil,  for  tlie  present  year,  a  loan  should  now  be  authorized,  sufficient,  with  the 
sums  receivable  from  the  revenue,  to  defray  the  expenditures  of  the  three  tirst  months  of  the  year  1814. 

The  demands  upon  the  treasury  for  those  three  months  are  estimated  as  follows,  viz: 
For  civil,    diplomatic,  and  miscellaneous  expenses,  -  ".     .  "   .  "  ".  $400,000 

For  public  debt,  exclusive  of  treasury  notes  and  interest  theron,  falling  due  in  the  months   of 

January  and  February,  1814,  which  will  be  provided  for  out  of  the  surplus  of  the  sinking  fund 

for  the  year  1813,  -  -  -  -  -  -  -  -  1,100,000 

For  the  War  and  Navy  Departments,  ...-.-  6,000,000 

$7,500,000 


The  amount  receivable  from  the  custom  house  duties,  during  that  period,   may  be  estimated   at  $1,500,000 

From  sales  of  public  lands,  and  from  the  internal  duties  which  will  go  into  operation  on  the  1st 

of  January,  1814,  -......-.  250,000 

The  balance  which  will  remain  in  the  treasury  on  31st  of  December  next,  is  estimated  to 
amount  to  about  2,000,000  of  dollars.  As  this  amount  is  somewhat  larger  than  may  be 
necessary  to  be  permanently  retained  in  the  treasury,  there  may  be  applied  from  it  towards 
the  demands  during  the  first  quarter  of  the  year  1814,  the  sum  of  -  -  -  250,000 

Making,  together,      --------••  2,000,000 

And  will  leave  to  be  furnished  by  the  loan,  -.----  5,500,000 

$7,500,000 

The  whole  sum,  therefore,  for  which  it  is  conceived  eligible  that  an  authority  should  now  be  given  to  the  Presi- 
dent to  obtain,  on  loan,  before  the  close  of  the  present  year,  is  seven  millions  five  hundred  thousand  dollars;  of 
which  it  is  estimated  that  two  millions  may  be  wanted  for  the  service  of  the  present  yeai-,  and  the  residue  towards 
the  supply  for  the  service  of  the  year  1814. 

If  this  loan  shall  be  authorized,  a  sufficient  sum  from  its  proceeds  may  probably  be  brought  into  the  treasury, 
in  the  course  of  the  present  year,  to  take  the  place  of  two  milhons  of  dollars  ol  the  treasury  notes  already  authorized 
to  be  issued,  and  taken  into  the  former  estimates  as  a  part  of  the  resources  of  the  present  year.  A  special  authority 
to  make  a  loan  for  this  purpose  was  suggested  as  proper  to  be  granted  by  Congress,  in  the  report  to  that  body  of  the 
second  of  June  last;  and  the  necessity  for  it  arose  from  the  consideration,  that,  if  five  millions  of  dollars,  being  the 
whole  amount  of  those  notes  authoiized  to  be  issued  for  the  service  of  this  year,  should  be  actually  issued  before 
its  close,  there  would  be,  at  that  time,  in  circulation,  the  sum  of  seven  millions  of  dollars— a  sutn  greater,  consider- 
ing the  limited  state  of  our  commerce,  and  the  small  amount  of  custom  house  bonds  which  will  then  remain  out- 
standing, and  to  the  payment  of  which  they  are  applicable,  than  might  perhaps  be  maintained  in  circulation,  without 
some  difiiculty  or  depreciation.  In  the  months  of  January  and  February,  1814,  near  two  millions  of  dollars  of  trea- 
sury notes,  issued  under  the  act  of  June  30,  1812,  will  be  paid  oft";  and  if  the  issuing  of  that  amount  of  those  notes, 
authorized  by  the  act  of  February  25,  1813,  for  the  service  of  the  year  1813,  can  be  postponed  till  that  time,  as  it 
may  be,  if  the  loan  now  proposed  should  be  authorized,  they  will  merely  take  the  place  of  the  others,  and  the  amount 
in  circulation  not  exceed  what  a  steady  and  eifective  demand  requires. 

It  is  not  perceived  that  any  provisions  are  necessary  in  the  law  for  authorizing  the  loan,  at  the  preserit  time,  dif- 
ferent from  those  contained  in  the  act  of  February  8th,  1813,  authorizing  a  loan  for  a  sum  not  exceeding  sixteen 
millions  of  dollars. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

W.  JONES,  .Acting  Secretary  qf  the  Treasury. 

Hon.  William  W.  Bibb,  acting  Chairman  qf  the  Committee  of  TVays  and  Means. 


1813.]  DUTIES  ON   PRIZE   GOODS.  645 


13th  Congress.]  No.  398.  [Ist  Session. 

DUTIES   ON   PRIZE    GOODS. 

COMMUNICATED   TO   THK    HOUSE    OF    REPRESENTATIVES,    JULY    23,    1S13. 

Treasury  Department,  July  -2lst,  \8\S. 
Sir: 

The  inquiry  which  forms  the  basis  of  your  letter  of  the  20th,  can  only  be  answered  by  (he  conflict  of  opinion 
between  the  Secretary  of  the  Tieasiny.  in  his  letter  of  the  8th  of  December  last,  t)  the  honorable  chairman  of  the 
Committee  of  Ways  and  Means,  and  the  person  now  acting  in  that  capacity — a  task  of  no  orilinary  Iciiid.  and  which 
I  undertake  with  great  deference. 

The  data  for  ascertaining  the  amount  of  duties  on  prize  goods,  captured  by  private  armed  vessels  since  the  tle- 
claration  of  war,  is  as  imperfect  as  was  then  stated;  the  amount  of  duties  on  i)ir/,e  goods  captured  by  public,  as  well 
as  private  armed  vessels,  having  been  blended  together. 

There  is,  liowever,  satisfactory  ground  to  infer,  that  the  amount  of  duties' on  prize  goods,  captured  by  private 
armed  vessels,  has  rapidly  decfmed,  and  is  certainly,  at  this  time,  very  inconsiderable. 

The  causes  which  have  produced  this  decline  may  also  be  a  subject  of  controversy,  in  which,  though  I  f'cl  that 
I  have  the  better  cause,  I  apprehend,  (he  weaker  argument. 

The  position  assumed  by  the  Secretary  is,  that  "  no  part  of  the  duties  on  prize  goods  ultimately  falls  on  the  cap- 
tors. The  duties  on  importations  are  paiil  by  the  consumers,  whether  (he  merchandise  be  captured  by  privateers,  or 
regularly  imported  by  niercliants."  To  (his  I  may  answer,  tiiat  the  maxim  derives  more  weight  from  the  felicity  of 
argument  and  commanding  character  of  the  great  author  of  "  Wealth  of  Nations,"  than  i'rom  the  universality  of 
the  principle. 

It  is  undoubtedly  true,  in  the  abstract;  but  my  experience  as  a  merchant  h  i?  taught  me  to  know  the  practical 
value  of  a  ma.Kini,  derived  from  an  author  ol'a  lighter  oast: 

"  What  is  the  worth  of  any  thing', 

"  But  so  much  money  as  'twill  bring'" 

If  an  article,  from  whatever  cause,  will  not  sell  for  the  amount  of  duties,  added  to  the  cost  and  other  charges, 
whether  the  importation  be  maile  regularly  by  a  merchant,  in  the  usual  way,  or  in  the  cost  of  equipping  and  main- 
taining a  privateer,  the  dittl-rence,  or  loss,  will  not  I'all  upon  (he  consunifr,  but  upon  the  importer.  This  is  no  un- 
common case;  indeed,  instances  are  frequent,  in  which  imported  articles  sell  for  less  than  the  prime  cost  and  charges, 
exclusive  of  the  duties.  Who  pays  the  du(y  in  (his  case?  The  consumer.''  No.  It  is  paid  by  the  unfortunate  im- 
porter. Were  it  otherwise,  there  would  be  no  bankruptcies:  your  merchants  would  have  but  one  side  to  their  profit 
and  loss  account.  "'These  are  the  accidental  exceptions  arising  from  such  a  superabuntlance  of  a  particular  article, 
as  will  sink  it  below  the  prime  cost  and  charges."  And  this  has  actually  been  the  case  with  many  prize  importa- 
tions. Indeed,  it  is  said,  and  I  believe  with  truth,  that,  in  some  ol'the  soudiern  ports,  the  rftities  and  the  charges  of 
sale  have  absorbed  nearly  the  whole,  if  not  the  whole  proceeds. 

"  The  price  for  exportation,  in  which  case  no  duty  is  paid,"  i()rms  but  a  very  partial  exception  in  this  case:  for, 
when  you  have  little  or  no  export  of  l()reign  products,  the  benefit  of  drawback  i.^  lost. 

The  Secretary  has  said,  tliat  "  a  reduction  of  duties  will  be  of  no  use  to  the  privateers,  unless  (he  merchandise 
continues  to  be  sold  at  the  same  price  as  if  the  duties  had  not  been  reduced."  This  is  not  strictly  the  fact.  It  is 
well  known,  in  the  actual  market,  (hat  cijiU'e,  for  instance,  subject  to  10  cents  jier  pound  duty,  and  entitled  to  draw- 
l)ack,  seldom  sells  for  more  than  four  cents  over  the  price  for  consumption,  and  this  must  continue  until  the  excess 
is  very  great,  or  the  exportation  free,  which  is  not  likely  to  be  the  case  during  the  war.  The  equality  of  price  ap- 
proximates as  the  obstacles  to  exportation  increase;  and  if  exportation  was  prohibited,  or  completely  obstructed,  the 
equality  of  price  between  the  same  kind  of  merchandise,  entitled  to  drawback,  or  sold  for  consumption,  would  be 
absolute. 

The  lower  the  price  of  the  article,  the  greater  the  consumption.  The  Ameiican  People,  enjoying  the  means,  in- 
dulge their  taste  for  variety,  and  habituate  ihemselves  to  every  kind  of  luxury.  This  produces  an  accmnmodation 
of  taste,  which  changes,  witli great  facility,  from  the  use  of  coftee  to  tea,  from  brandy  to  rum,  &c.  &c.  as  abundance 
or  scarcity  and  price  shall  indicate. 

The  qsestion  is  not  now,  "  simply,  whether  it  be  necessary  and  proper  to  piy  front  the  treasury,  to  the  priva- 
teers, a  bounty  equal  to  the  amou;i!,  of  the  reduction  of  duties  on  prize  goods,"  for  (here  is,  literally,  now,  a  very 
trilling  amount  ot  duties  collected  on  prize  goods;  and,  therefore,  any  encouragemenf  of  (his  nature  given  by  Go- 
vernment to  private  armed  vessels,,  v.'dl,  if  any  prizes  arrive,  bring  money  into,  instead  of  extracting  it  from,  the 
trcasuiy,  and,  theieibre,  so  far  from  the  payment  of  a  bounty  for  the  purpose  of  c  couraging  privateers,  the  Go- 
vernment will  receive  an  amount  of  duties  on  prize  goods,  which  otherwise  would    \,t  be  brought  into  our  ports. 

The  Secretary  observes,  that,  "  if  the  article  be  imt  worth  sending  into  port  after  capture,  it  uiust  be  altogether 
impossible  for  the  importing  merchant  to  pay  its  prime  cost,  freight,  and  insurance;  and,  with  those  charges,  to  im- 
port such  an  article  without  cousiderable  loss."  An  article  may  not  be  worth  sending  in,  after  capture,  in  conse- 
quence of  the  heavy  charges  and  great  risk,  perhaps  equal  to  a  premium  of  50  to  75  i)er  cent,  whilst  the  impiuting 
merchant  may  import  the  sante  article  in  neutral  buttoms,  at  a  preniiuni  of  10  per  cent,  and  I'eceive  his  goods  at 
little  more  than  the  ordinary  charges  jjievious  to  the  tleclaration  of  war.  He,  moreover,  has  the  advantage  of  sell- 
ing at  such  time,  and  on  such  terms,  as  his  inteiest  may  dictate,  and  to  his  regular  customers;  whereas  prize  goods 
are  necessarily  brought  to  the  hammer,  and  sokl  in  large  parcels,  to  speculators,  uncontrolled  by  the  prudent  ma- 
nagement of  mercantile  superintendence,  freijuently  from  20  to  30  per  cent,  less  (ban  thoseof  the  regular  imparter. 
These  causes  operate  as  a  bounty  in  favor  of  tlie  regular  importer,  and  against  the  captors.  The  owner  of  a  privateer 
receives  buta  moieiy  of  the  captured  property;  the  cost  of  that  moiety  to  him,  is  the  cost  of  the  equipment,  mainte- 
nance, insurance,  wear  and  tear,  and  depreciation  of  his  privateer,  (all  which  is  very  extravagant)  antl  the  insurance, 
duties,  and  other  heavy  charges,  on  his  prize. 

The  cause  of  the  present  inquiry  proves  the  error  of  the  Secretary's  prediction,  "  that  a  greater  number  of 
privateers  will,  without  bounty,  continue  to  be  employed,  than  is  necessary  for  the  greatest  possible  annoj-ance  of 
the  enemy's  trade." 

The  fact  is,  that,  from  causes  that  occupy  tiie  present  discussion,  privateerii.g  is  nearly  at  an  end,  and.  ti'om  the 
best  observation  I  have  been  enabled  to  make,  it  is  more  from  t!ie  deficiency  of  remuneration  in  the  nett  proceeds 
of  their  prizes,  than  from  the  vigilance  and  success  of  the  enemy  in  recapturing.  One-fourth  part  of  (he  year,  at 
least,  (he  elements  will  raise  the  blockade  of  our  ports,  and  it  is  at  that  season  thai  (he  harvest  and  the  reapers  are 
most  abundant  and  successful  in  privateering. 

There  is,  sometimes,  wisdom  in  taking  counsel  from  our  enemy,  and  lii.-.  dread  oi'  our  privateers  may  be  collect- 
ed from  the  marked  hostility  and  severity  of  treatment  which  the  crews  of  privateers  are  subjected  (o,  when  cap- 
tured, and  (he  insidious  ettbrts  to  excite  prejudices  against  them.  The  analogy  between  privateering  and  lotteries, 
does  not  appear  to  me  to  be  so  strict  as  the  Secretary  seeuij  to  consider  it.  The  adveiiture  of  a  privateer  is  of  the 
nature  of  a  commercial  project  or  speculation,  conducted  by  commercial  men,  upon  principles  ot  mercantile  calcu- 
lation and  profit.  The  vessel  and  her  equipment  is  an  object  of  great  expense,  which  is  expected  to  be  remune- 
rated by  the  probable  chances  of  profit,  after  calculating  the  outfit,  insurance,  &c.  as  in  a  regular  mercantile  voy- 
age, as  much  so  as  the  voyage  of  a  letter  of  marque,  with  a  cargo,  running  all  the  chances  oi  hostility,  and  incur- 
ring the  consequent  heavy  charges  of  war. 
82  It 


G46  FINANCE.  [1813. 

I  do  not  think  that  a  "  reduction  of  duties,  by  increasing  the  proSt,  would  operate  as  an  insurance  on  the  risk 
(!("  collusive  or  pretended  captures  of  British  prohibited  merchandise.''  to  such  an  extent  as  to  warrant  the  with- 
holding any  proper  encouragement  to  this  most  potent  weapon  of  annoyance  to  the  enemy,  which  we  possess. 
Frauds  no  doubt  may  be  committed;  but,  in  the  existing  absolute  prohibition  of  all  British  merchandise,  from  what- 
ever qiiartei-,  there  is  a  much  stronger  inducement  to  collusion  than  can  be  found  in  the  reduction  of  one  half  the 
duties  in  favor  of  prizes;  and  no  doubt  frauds  are  committed;  yet  these  considerations  are  not  deemed  of  suflicient 
importance  to  induce  a  repeal  or  relaxation  of  the  system. 

The  number  of  accessaries  to  the  fraud;  the  risk  of  capture,  by  the  vessels  of  the  enemy,  who  do  not  partici- 
pate in  the  profits  of  the  collusion;  the  vigilance  of  our  own  cruisers,  officers,  and  prize  courts,  appear  to  aftbrd 
a  very  reasonable  security  against  the  practice,  to  any  very  injurious  extent.  And  the  humane,  generous,  and  gal- 
lant conduct  of  our  citizens,  employeil  in  private  aimed  vessels,  proves  a  moral  sense  which  merits  more  confidence 
and  liberality  than  has  been  awarded  to  them. 

i  Will  not  undertake  to  say  that  tiie  reduction  of  tlie  duties  in  favor  of  prizes  captured  by  private  armed  vessels 
is  the  proper  or  only  encouragement  to  be  provided;  I  repeat  the  fact,  that,  as  a  question  ot  revenue,  (he  nation  has 
every  thing  to  gain,  and  nothing  to  lose.  One  of  the  most  efficient  means  ot  distressing  the  commercial  and  mili- 
tary marine  of  the  enemy,  is  the  capture  and  detention  of  his  seamen,  as  well  to  enhance  the  difficulty  of  manning 
liis  ships,  as  to  provide  tor  the  exchange,  and  to  retain  hostages,  to  ensure  the  proper  treatment  of  our  own.  What- 
ever encouragement  may  be  devised  for  the  destruction  of  the  ships  of  the  enemy  on  the  ocean,  and  bringing  into 
port  his  captured  seamen,  will  infiict  the  deepest  possible  wound  upon  his  commerce  and  marine — the  vitals  of  his 
resources  and  power. 

I  have  the  honor  to  be,  with  the  highest  respect,  sir,  your  obedient  servant, 

W.  JONES, 
Acting  Secretary  of  the  Treasury. 
The  Hon.  Hugh  Nelson, 

Cliairnwn  of  the  Naval  Committee  of  the  IIoi(se  of  Representatives  U.  S. 


13th  Congress.]  No.    399.  '       [1st  Skssiox. 


TERMS  OF  THE  LOAN   OF  SIXTEEN    MILLIONS    OF  DOLLARS. 

COMMUNICATED   TO    TUV.    SENATE,    JULY    29,    1813. 

To  the  Senate  of  the  United  States: 

I  transmit  to  the  Senate  a  report  of  the  .Voting  Secretaiy  of  the  Treasury,  containing  the  information  re- 
auested  by  their  resolution  of  the  27th  instant. 

JAMES  MADISON. 
Washington,  yz</j/ 28,  1813.  , 

la  compliance  with  the  resolution  of  the  Senate,  of  the  07th  instant,  the  Acting  Secretary  of  the  Treasury  has  the 

honor  to  report  to  the  President  of  the  United  States — 

That,  by  virtue  of  the  act  of  February  8th,  1813,  entitled  "An  act  authorizing  a  loan  for  a  sum  not  exceeding 
sixteen  millions  of  dollars,"  and  the  authority  of  the  Presiilent  of  the  United  States  to  the  Secretary  of  the  Trea- 
sury, of  the  17tii  of  the  same  month,  a  public  subscription  to  a  loan  of  sixteen  millions  of  dollars  was  invited,  by  a 
notification  issued  on  the  20th  of  February,  1813,  in  which  the  terms  of  the  loan  were  specified;  the  most  material 
of  which  terms  were,  that  the  subscribers  should  receive  for  each  hundred  dollars  loaned  to  the  United  Stales,  a 
certificate  of  six  per  cent,  sti'ck  for  one  hundred  dollars,  and  an  annuity  of  one  dollar,  for  thirteen  years,  from  the 
1st  day  of  January,  1813.  Of  this  notification,  a  copy  is  hereunto  annexed,  ^narked  A.   [Sec  No.  393,  page  G25,B  1.] 

The  amount  subscribed  under  tiiis  notification  was  3,956, 400  dollars.  A  second  notification  was  issued  on  the 
18th  of  March,  by  v  hich  the  books  of  subscription  were  notified  to  be  re-opened  on  the  OSth  of  March,  and  kept 
open  until  the  31st  day  of  that  month,  on  the  same  terms  as  the  former  subscription.  Proposals  were,  at  the  same 
time,  invited,  for  loaning  to  the  United  States  the  whole,  or  any  part,  of  the  sum  of  sixteen  millions  of  dollars,  which 
might  remain  unsubscribed  on  the  1st  day  of  April,  leaving  the  persons  thus  making  their  proposals,  to  state,  them 
selves,  the  terms  upon  which  they  were  willing  to  make  the  loan  to  the  United  States.  And  it  was  engaged,  that, 
if  any  proposals,  thus  made,  should  be  accepted,  with  terms  differing  from  those  of  any  other  proposals  that  might 
also  be  accepted,  or  differing  from  the  terms  on  which  subscriptions  had  already  been,  or  might  be  made,  prior  to 
the  1st  day  of  April,  all  the  persons  whose  proposals  miglit  be  accepted,  and  also  all  those  who  had  subscribed,  or 
might  subscribe,  prior  to  the  first  day  of  April,  should  have  the  option  of  accepting  the  terms  allowed  to  any  other 
parsons  whose  proposals  might  be  accepted.  A  copy  of  this  notification  is  annexed,  marked  B.  [See  No.  393,  page 
62G,  B  2.  ] 

The  amount  subscribed  under  this  notification,  Irom  the  2.3th  to  the  31st  of  March,  inclusive,  was  1,881,800  dol- 
lars. Proposals  were  sent  in  between  the  1st  and  the  5th  of  April  for  loaning  to  the  Goverument  11,100,000  dollars, 
being  944,200  dollars  more  than  could  be  received:  and  the  further  sum  of  1,000,000  ilollars  was  intended  to  be 
loaned  by  the  State  of  Pennsylvania,  but  the  offer  was  not  made  in  time  to  be  accepted.  The  sums  offered  were 
subsequently  reduced  to  10,101.800  dollars,  being  the  sum  which,  with  the  amount  of  the  first  and  second  subscrip- 
tions, made  up  the  sixteen  millions  of  dollars  authorized  to  be  borrowed. 

The  terms  proposed  by  the  persons  who  offered  to  loan  the  above  sum,  were  of  two  descriptions: 

1st.  That  the  lenders  were  to  receive  a  six  per  cent,  stock,  the  interest  payable  quarter  yearly,  redeemable  at  the 
pleasure  of  the  United  States,  at  any  time  after  the  end  of  the  year  1825,  at  the  rate  of  eighty-eight  per  cent,  or  100 
dollars  in  stock  for  eighty-eight  in  money. 

2d.  That  the  lenders,  for  every  hundred  dollars  in  money,  were  to  recei\e  one  hundred  dollars  in  the  same  s|)e- 
cies  of  six  per  cent,  stock,  .and  an  annuity  for  thirteen  years,  from  the  first  day  of  January,  1813.  of  one  diillar  and 
fifty  cents,  payable  quarter  yearly.  .  ., 

Two  of  the  proposals  also  contained  a  condition,  that,  if  any  other  loan  for  the  service  of  the  year  1813,  should 
be  made  under  any  law  passed  for  that  purpose,  before  the  end  of  the  year  1813,  upon  terms  different  from  those 
allowed  to  the  persons  then  making  proposals,  the  option  of  taking  those  new  terms  should  be  extended  to  them. 
Copies  of  the  letters  containing  these  proposals  are  hereto  annexed,  marked  C  and  D;  and  also,  a  copy  of  theanswer 
of  the  Secretary  of  the  I'l-easury,  by  which  those  proposals  were  accepted,  marked  E.  The  other  proposals  con- 
tained no  condition  of  this  nature.  They  were  accepted  by  letters  of  the  Secietary  of  the  Treasury  of^the  same  pur- 
p<3rt  as  that  above  referred  to,  marked  E. 

As  the  notification  of  the  18th  ol  March  contained  an  engagement  that  every  contributor  to  the  loan,  whether 
under  the  first  or  second  subscription,  or  under  the  proposals,  should  have  the  option  of  any  of  the  terms  allowed  to 


1813.1  TERMS  OF  THE   LOAN  OF  SIXTEEN   MILLIONS  OF  DOLLARS.  647 


any  other  contributor,  a  public  notification  was  issued  on  tlic  IStli  of  April,  in  which  the  terms  allowed  to  the  per- 
sons who  had  made  proposals  were  stated,  and  the  option  as  to  the  two  kinds  of  stock,  was  ortered  to  all.  A  copy  of 
this  notification  is  subjoined,  marked  F.     [See  No.  'id'.i,  page  Ceo,  15  ;i.  ] 

No  other  contract  in  relation  to  any  part  of  the  limn  of  sixteen  iiiiliimis  was  entered  into,  than  what  resulted  from 
the  engagements  contained  in  the  public  notifications  above  referred  to,  and  the  acceplaiice  by  the  Secretary  of  the 
Treasury  ot  the  proposals  made  under  those  notifications. 
All  which  is  resfiectfuliy  submitted. 


Trkasurv  Depautmknt,  Ji/ly  08,  1813. 


C. 


\^■.  JONES,  .deling-  SicrrUmj  of  the  TTtasury. 


Philadelphia.  :>//;  .'}j)riL  J81.3. 


I 


Sir: 

In  consequence  of  the  notice  given  by  the  TreaMiry  Depaitment,  under  date  of  the  IHili  olMarcii.  1hi3,  ii)at 
roposals  will  be  received  by  you  for  the  whole,  or  part  of  tiie  residue  of  the  loan  of  sixteen  millions  of  dollars,  we 
erewith  beg  leave  to  ofter  to  lake  as  much  stock  ot  the  Ignited  States,  bearing  interest  at  six  per  cent,  per  annum," 
payable  quarter  yearly,  the  stock  not  to  be  redeemable  bel'ore  the  31st  December,  ISO'i,  at  the  rale  of  eishty-cif'ht 
dollars  for  a  certificate  of  one  hundred  dollars,  as  aforesaid,  as  will  amount  to  the  sum  of  eight  millions  of  dolhus, 
or  to  the  residue  of  the  said  loan,  provided  you  will  agree  to  allov/  us  the  option  of  accepting  the  same  terms  that 
may  be  granted  to  persons  lending  money  to  the  United  States  by  virtue  of  any  law  authorizing  another  loan  for  the 
service  of  the  year  1813,  that  Congress  may  pass  before  the  last  day  of  the  present  year. 

It  must  be  further  understood  and  agreed  to,  that  one  quarter  per   cent,   will  be  allowed  us  on    the  amount  to 
which  the  present  propos;il  will  be  accepted. 

With  regard  to  the  payment  of  the  instalments  on  the  amount  to  be  loaiiid  by  us,  we  shall  expect  to  enter  with 
you  into  such  arrangements  as  will  be  mutually  accommodating. 

We  are,  with  high  regard,  sir,  your  most  obedient  servants. 

DAVID  PARISH, 
.^    „        .  ^  T,        o  STEPHEN  GIRARD. 

1  ne  Hon.  Albert  (jallatix,   Lr,q.    Sccrdary  oj  the  I rea-:ivry. 

To  be  paid  at  Stephen  Girard's  bank. 

STEPHEN  GIRARD, 

For  seU'uml  Dumd  Parhh. 

D- 

Philadelphia,  5//(  .9pri!,  1813. 
Sir: 

I  will  take  for  myself,  and  my  friends  in  New  York,  tw  o  millions  and  fifty-six  thousand  dollars'  v.orth  of 
the  loan  authonz.ed  by  Congress  in  February  last,  receiving  six  per  cent,  stock  at  the  rate  of  eighty-eight  dollars, 
money,  for  one  huiuired  dollars  of  six  per  cent,  stock,  payable  in  New  York,  by  instalments,  as  proposed  by  you, 
or  as  may  be  otherwise  agreed  on.  1  understand  that,  in  case  Government  should  make  another  loan  during  the 
year,  I  am  to  be  placed  on  as  gnod  footing  as  the  lenders  of  inonej',  or  contractor.-,  for  tliat  loan,  will  be.  I  "also 
understand  that  I  am  to  receive  the  quarter  per  cent,  which  is  to  be  paid  to  persons  procuring  subscriptions  to  the 
present  loan. 

I  am,   very  resjiectfuUy,  sir,  your  obedient  humble  servant, 

JOHN  JACOB  ASTOR. 

The  Hon.  Alberi  Gall\tin,  Secretary  of  the  Treasury. 

E. 

Treasury  Department,  April  Itli,  1813. 
Gentlemen: 

Your  proposal  for  lending  seven  millions  and  fifty-five  thousand  eight  hundred  dollars  to  the  United  States, 
in  part  of  the  sixteen  millions  loan,  is  accepted.  You  will  be  pleased  to  deliver,  before  the  IJth  day  of  this  month, 
to  the  cashier  of  Stephen  GiranPs  bank,  or  such  other,  where,  according  to  your  proposals,  the  piiyments  are  in- 
tended to  be  maile.  the  names  of  the  persons  embraced  by  your  propo.sal.  tog-.'ther  witli  the  sum  respectively  pay- 
able by  each.  Each  will  be  entitled  to  receive  in  i)aymem.  at  his  option,  either  six  per  cent,  stock,  at  the  rate  of 
eighty-eight  per  cent.,  or  .-ix  per  cent,  stock  at  par.  and  a  thirteen  years'  annuity  of  one  and  a  half  per  cent,  of  the 
money  loaned;  which  oiiti(jn  must  be  made  at  the  time  of  paying  the  first  instalment.  The  payments  shall  be  made 
in  eight  equal  instalments,  on  the  fifteenth  day  of  April.  May.  June,  Jul}',  August.  September.  October,  and  No- 
vember. Rut  every  person,  at  the  time  of  paying  any  of  the  instalments,  may  pay  all,  or  any  nunibe!'  of  the  subse- 
quent instalments.  Certificates  of  funded  stock  will,  on  the  application  of  any  subscriber  for  more  than  one  hun- 
dred thousand  dollars,  be  issuetl.  on  payment  of  any  one  instalment,  for  the  amount  of  the  next  preceding  instal- 
ment. In  every  other  respect,  the  terms  of  the  public  notice  of  tiie  OOtii  of  February  last  will  be  considerecl  as  part 
of  this  agreement. 

I  have,  &c. 

ALBERT  GALLATIN. 
David  Parish  and  Stki'hen  Girard. 

The  same  answer,  clmiglng  only  the  sum,  am!  the  b:uik  where  payable,  was  made  to  Jolin  J.  Astor. 


648  FINANCE.  '       ^     ■:  [1814. 


13th  CoNORKss.]  No.    400.  [2d  Sessiow. 


DUTIES    ON    IMPORTS    AND    TONNAGE. 

COMMUNICATED  TO  THE  SENATE,  DECEMBER  20,    1813. 

To  the  Senate  of  the  United  Slates: 

I  transmit  to  the  Senate  a  report  of  the  Acting  Secretary  of  the  Treasury,  complying  with  their  resolution  of 
the  13th  instant. 

JAMES  MADISON. 

J)ecember  20th,  1813. 


Treasury  Department,  December  16,  1813. 
Sir: 

In  compliance  with  the  resolution  of  the   Senate,  of  the   13th  instant,  I  have  the  honor  to  state,  that  the 
amount  of  duties  accruing  on  goods,  wares,  and  merchandise,  imported  into  the  United  States,  from  the  1st  day  of 
July,  1812,  to  the  31st  day  of  December,  of  the  same  year,  for  which  period  the  accounts  of  the  collectors  of  the  cus- 
toms are  settled,  was  --.__..-      $9,869,19931 
And  the  amount  of  tonnage,  including  light  money,  accruing  during  the  same  period,  was  -  92,297  70 

$9,961,497  01 


The  accounts  of  the  collectors,  from  the  Ist  day  of  January,  1813,  to  the  30th  day  of  September,  of  the  same 
year,  have  been  but  partially  settled;  and  some  for  the  quarter  ending  30th  of  September,  have  not  yet  been  received 
at  the  treasury.     For  this  period,  therefore,  an  estimate  only  can  be  given,  taken  from  the  accounts  of  the  collectors 
as  renderedto  the  treasury,  and  in  some  cases,  from  their  less  formal  returns.     This  estimate  is  as  follows: 

Duties  on  goods,  wares,  and  merchandise,  imported — 
For  the  1st  quarter  of  the  year  1813,         --..-....    $2,280,000  00 

2d       do.  do.  ------  -       2,356,000  00 

3d       do.  do.  ------  -       1,380,000  00 

$6,016,000  00 


Tonnage  duties,  including  light-money — 

For  the  1st  quarter  o!  the  year  1813.          -                 -                -                -                -                -                -  $89,000  00 

2d       do.                            do.            ------                 -  84,000  00 

3d       do.                            do.            ---.-..  67,000  00 


$240,000  CO 


The  sums  above  stated  for  duties  on  merchandise   imported,  are  without  deduction  for  drawbacks  paid  on  mer- 
chandise re-exported.  The>^e  drawbacks,  paid  from  the  1st  of  July,  to  the  31st  December.  1812,  amounted,  by  the  ac- 
counts as  settled,  to  $639,555  44. 

And  they  are  estimated  to  have  amounted,  during  the  three  first  quarters  of  the  year  1813,  to  the  following  sums, 
viz: 
During  the  1st  quarter  of  the  year  1813,  to  ......  $536.00000 

2d       do.  do.  ...._.  229,000  00 

3d       do.  do.  ......  148,000  00 

$913,000  00 

I  have  the  honor  to  be,  with  the  highest  respect,  sir,  your  most  obedient  servant, 

Vit,  JONES,  Acting  Secretary  of  the  Treasury. 
Tlie  President  of  the  United  States. 


13th  Congress.]  No.    401.  [2d  Session. 

« 

ASSAYS   OF    FOREIGN    COINS. 
communicated  to  the  senate,  on  the  4tii  of  .ianuary,  1814. 

Treasury  Department,  December  31,  1813. 
Sir: 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  Directoi-  of  tiie  Mint,  containing  the  result  of  the 
assays  of  foreign  gold  and  sdver  coins,  made  in  pursuance  of  the  act  of  the  10th  of  April,  1806,  entitled  "An  act 
regulating  the  currency  ot  foreign  coins  in  the  United  States." 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

W.  JONES, 
Acting  Secretary  of  the  Treasury. 
The  Honorable  the  President  of  the  Senate. 


Mint  of  the  United  States,  December  22,  1813. 
Sir: 

I  have  the  iionor  to  acknowledge  the  receip)  of  your  letter  of  the  llth  instant,  and,  agreeably  to  your  desire, 
have  caused  assays  to  be  made  of  the  several  species  of  foreign  gold  and  silver  coins,  made  current  by  an  act  of 
Congress  of  the  10th  ot  April,  1806:  the  result  of  which,  according  to  the  assayer's  report,  is  as  follows: 


1814.]  THE  MINT. 


649 


Gold  coins  of  Great  Britain. 

No.  1,  made  of  3  pieces  of  various  dates,  prior  to  the  year  1806, 

2,        "        4    do.    ofdates  from  1806  to  1810,  inclusive,  except  the  year  1807, 

Gold  coins  of  France. 

No.  1,  made  of  4  pieces  of  various  dates  prior  to  the  year  1806, 

2,  "        5  "•       of  dates  from  1806  to  1810,  inclusive.    -  -                -                - 

3,  "        5  "  dated   1811,         - 

4,  "         5  "  "      1812,         -                 -                 -                 . 

Gold  coi72s  of  Spain. 

No.  1,  made  of  4  pieces  of  various  dates  prior  to  the  year  1806,  -  -  - 

2,  "        5      "      of  dates  from  1806  to  1810,  inclusive,    -  -  -  - 

3,  "         3       "  dated  1811,        - 

4,  "         1       "                                                   "      1813,         -  -  -  - 

Gold  coins  of  Portugal. 

No.  1,  made  of  9  pieces  of  various  dates  prior  to  tlie  year  1806, 

2,  "        5  "       of  dates  from  1806  to  1810,  inclusive,    -  -                -                - 

3,  "         5  "  dated  1811,        - 

4,  "          5  "  "       1812,         -                  -                  -                  . 

5,  "         2  "  "       1813,         ...                 - 

Silver  coi)is  of  France. 
No.  1.  made  of  5  crowns  of  various  dates,     ------ 

Silver  coins  of  Spain. 

No.  1,  made  of  5  pieces  of  various  dates,  prioito  tlie  year  1806,  -  .  . 

2,  "        5      ''      of  dates  from  the  year  1806  to  1810,  inclusive,     - 

3,  "        5       •'  dated  1811, 

.\ssAVER-s  Office.  20//j  o/12//i  Month,  1813. 

From  the  above  report,  it  will  appear: 

1st.  Thai  the  gold  coins  of  Great  Britain  and  of  Portugal  are  all  uniformly  of  the  same  quality,  and  exactly  equal 
to  that  of  the  gold  coins  of  the  United  States;  and  therefore  their  intrinsic  value  is  at  the  rate  of  100  cents  for  27 
grains,  or  88|  cents  per  pennyweight. 
2d.  That  the  gold  coins  of  France,  especially  those  issued  since  the  year  1806,  inclusive,  are  also  of  a  uniform  quali- 
ty; their  intrinsic  value  being  at  the  rate  of  100  cents  for  27||j  grains,  or  87y-/iT  cents  perdvvt. 
3d.  That  the  gold  coins  of  Spain  are  somewhat  variable  in  their  (jualify,  their  average  intrinsic  value  being  at  the 

rate  of  100  cents  for  'ii^Hix  grains,  or  84yg,y  cents  per  dwt. 
4th.  That  the  intrinsic  value  of  the  French  crown,  supposing  its  weight  18  f/?i;/.  n  grs.,  is  110  cents  and  j|||Jj 

pai'ts  of  a  cent. 
5th.  That  the  intrinsic  value  of  the  Spanish  dollar,  exclusive  of  those  issued  prior  to  the  year  1806,  supposing  it  of 
the  full  weight  of  17  dwt.  7  grs.  is  100  cents  and  f  ji'jj  parts  of  a  cent. 

1  have  the  honor  to  be,  sir,  w  ith  great  respect  and  esteem. 

Your  most  obedient  servant, 

R.  PATTERSON. 
The  Honorable  William  Jo.ves,  Acting  Secretary  of  the  Treasury. 


. 

C. 
22 

grs. 
0 

- 

22 

0 

21 

11 

- 

21 

- 

21 

n 

21 

2| 

20 

3 

20 

3 

20 

34 

20 

H 

22 

0 

22 

0 

22 

0 

22 

0 

22 

0 

oz. 
10 

dwt. 

18 

grs. 
12 

10 

16 

00 

10 

1.5 

12 

10 

15 

12 

I3th  Congress.]  No.    402.  [2d  Session. 


M  I  N  T. 

COMMUNICATED    TO    THE    SENATE.   JANUARY  7,    1814. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

I  communicate,  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operation  of  that 
establishment  during  the  last  year. 

.lAMES  MADISON. 
January  Cifh.  1814. 

Mivr  OF  THE  United  Ht.xte^,  Jani/aj-y  I.  1814. 
Sir: 

I  have  now  the  honor  of  laying  before  you  a  lepurt  of  the  operations  of  the  mint,  for  the  last  twelve  months. 

From  the  treasurer's  statement  of  the  coinage,    herewith  transmitted,  it  will   appear  that,  during  that  period, 
there  have  been  struck  and  issued  — 

In  gold  coins,           95,428  pieces,  amounting  to            -            .             .            .            .  $477.110  00 

In  silver  coins,    1,241,903  pieces,  amounting  to            -.-...  620.951  50 

In  copper  coins,     418,000  pieces,  amounting  to            -            -            -            -            -  4,180  00 

Making,  in  the  whole,  one  million  seven  hundred  and  tifiy-five  thousand  three  hundred  and  thirty-one  pieces  of 
coin,  amounting  to  one  million  one  hundred  and  two  thousand  two  hundred  and  seventy-one  dollars  and  fifty  cents. 
I  have  the  honor  to  be,  sir,  with  sentiments  of  the  most  perfect  respect  and  esteem. 

Your  obedient,  faithful  servant, 

R.  PATTERSON. 
Ja.mes  Madison.  President  of  the  United  States. 


650 


FINANCE. 


[1814, 


A  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  States,  from  the  \st  of  January  to  the  3lst  December, 

1813,  inclusive,  viz: 


GOLD  COINS. 

Amount  in  dolls, 
and  cents. 

Total. 

Half  Eag-les. 

Quarter  ending  30th  June,         -               -               -               - 
30th  September, 
31st  December, 

28,398 
23,030 
44,000 

141,990 
115,150 
220,000 

95,428  pieces  of  gold  coin.-*. 

95,428 

477,140  00 

169,328  00 

168,982  50 

62,255  00 

220,386  00 

- 

SILVER  COINS. 

' 

Half  Dollars. 

,• 

Quarter  ending  31st  March,      -               -               -               - 
30th  June,          -                -                -                - 
30th  September, 
31st  December,                 -                .                - 

338,656 
3.37,965 
124.510 
440,772 

1,241,903  pieces  of  silver  coins. 

1,241,903 

Total  amount  of  silver  coins,    .               - 

- 

630,951  50 

1,960 
2,220 

COPPER  COINS. 

Cents. 

Quarter  ending  30th  June,         -               _               -               - 
31st  December,                 -                -                - 

196.000 
222,000 

418,000  pieces  of  copper  coins. 

418,000 

Total  amount  of  copper  coins. 

- 

4  180  00 

1,755,331  pieces  of  all  the  coins.                        Amount  of  all  the  coins  in  181.3, 

$1,102,271  50 

Mint  of  the  United  States.  Treasurer's  Office,  Philadelphia,  31?/  December,  1813. 


JAMES  RUSH. 


An  Abstract  of  the  ordtnary  expenses  of  the  Mint  of  the   United  States,  from  the  1st  January  to  the  31.s7  of  De- 
cember, 1813,  inclusive,  viz: 


Salaries. 

Wag-es. 

Incidental. 

Totals. 

Quarter  ending  31st  March.                -            -            -            - 
30th  June,                   -            -             -            - 
30th  September,          -            -            -            - 
31st  December,          -            -            -             - 

2,525  00 

2,487  47 
2.525  00 
2,525  00 

1,908  41 
1.916  00 
1,966  23 
1,871   38 

372  95 

820   10 

1.325  39 

1,082  46 

4,806  36 
5,223  57 
5,816  63 
5,478  84 

10,062  47 

7,662  02 

3,600  90 

Amount, 

- 

$21,325  39 

Mint  of  thk  Unitkd  States,  Treasurer's  Office,  Philadelphia,  31.s/  December,  1813 


JAMES  RUSH. 


1814.]  STATE    OF    THE   FINANCES. 


651 


l3thCoNCiREss.1  jVJq^  403,  [2d   Session-. 

STATE    OF    THE    FINANCES. 

COMMUNICATED    10  THK  SENAIE,  ON  THE  IOtH   OF  JANUARY.     Iflll. 

In  obedience  to  the  directions  of  (he  Act  sm)|)lemeiitary  to  the  act.  entitled  "  An  act  to  establish  the  Trea- 
sury Department,"  the  Acting  Secretary  ol  the  Treasury  respectfully  su!)iiiits  (he  followins  report  and  esti- 
mates: 

The  moneys   actually  received  into  the   treasury,  during  the  year  ending  on  the  30tli   September.  181.3.  have 
amounted  to  .  .  .........  $37,511,951  !»3 

Viz:  Proceeds  of  the  customs,  sales  of  lands,  small  branches  of  revenue,  and 

repayments,  ........  *I3,5G8,042  43 

Proceeds  of  loans,  \\v.: 

Loan  of  eleven  millions,  under  the  act  of  March  11th,  1812,  $1,337,487  50 
Loan  of  sixteen  millions,  under  (he  act  of  February  8,  1813,    14,488,125  00 
Treasury  no(es,  under  the  acts  of  June  30,  1812,  and  Fe- 
bruary 25,  1813,     .  .  .  .  .  .       5,151,300  00 


2.3,976.912  50 


As  will  appear  by  the  annexed  statement  E,  ....      $37,544,954  93 


Making,  together  with  the  balance  in  the  treasury  on  the  l'<t  of  October.    1812,  wliich  was  2.362  653  69 


An  aggregate  of  ......  ....  $39,907.60762 


The  payments  from  the  treasury,  during  the  same  period,  have  amounted  (o  .  .  $32,928,855  19 

Viz:  F"or  civil,  diplomatic,  and  miscellaneous  expenses,  both  foreign  and  domestic,    $1,705,916  35 
Military  department,  including  militia  and   volunieers,  and    the   Indian  (h^- 

partment,  ........  18,484,750  49 

Navy,  including  the  building  of  new  ships,  and  the  marine  corps,  .  6,420,707  20 

Public  debt: 

On  account  of  interest,         ....  $3,120,379  08 

Principal  reimbursed,  ....  3,197,10207 


6,317,481    15 


As  will  also  appear  by  the  annexed  statement  F^,  ....         32,928.855  19 


And  left  in  the  treasury,  on  the  30th  of  September  last,  .....  6,978,75343 


$39,907,607  62 

The  accounts  for  the  fourth  quarter  of  the  year  1813,  have  not  yet  been  made  u[)  at   the  treasury,  but  (he  re- 
ceip(s  and  expenditures,  during  that  quarter,  have  Ikhmi  nearly  as  follows: 

Receip(s  from  (he  customs,  sales  of  lands,  ami  small  branches  of  the  revenue,  about  .  $3,300,000  00 

Loan  of  sixteen  millions.  .........  1,500,00000 

Loan  of  seven  and  a  half  millions,  ........  3,850,00000 

Treasury  notes,  ..........  3,680,000  00 


!?  12.330. 000  Ol) 
Making,   with  the  balance  in  the  treasury  o;-;  the  1st  of  October.  1813.  of     .  .  .  6,978.752  -i:.' 


An  aggregate  of  about              .........  $19.309,000  Oil 

The  disbursements  have  been,  for  civi!,  diplomatic,  and  miscellaneous  expenses,  about       .  $400,000  Oo 

Military  department,                   .........  5.887.747  oo 

Naval             <lo.                   ..........  1,248.145  10 

Public  debt,  (of  which  near  $6,000,000  was  on  account  of  the  reimbursement  of  principal)  7,087.994  95 

And  leaving  in  the  (rcasiiry,  on  the  3lst  Decombei-,  I8I3,  about          ....  4.6S5.U2  9'> 


$19.309.000  00 

Of  the  sums  obtained  on  loan,  during  (he  year  1813,  and  included  in  (he  receipts  above  staled,  an  account  of 
the  terms  oti  which  they  \\eii!  made,  has  been  iaid  before  Congress,  excepting  as  to  the  treasurv  notes  issued  uii<ler 
the  act  of  February  25.  1813.  anti  the  loan  of  seven  a:id  a  hall'  millions,  obtained  under  the  aud.ority  contained  in 
the  act  r,i  the  2d  of  August,  1813.  The  annexed  statement,  marked  F,  \iill  show  the  whole  amount  received  for 
treasury  notes,  during  the  year  1813,  and  at  what  places  they  were  sold  or  disposed  of.  Three  millions  eight  luiti- 
dred  and  sixty-five  thousand  onehundred  dollars.  rS  the  notes  issued  under  the  act  of  June  30th.  1812.  became  due 
in  the  course  of  the  year  1813.  or  in  the  present  nioiilji  of  January,  aiid  h,:v;'  been  paid  otl'.  or  the  I'und-;  jihicjd  in 
the  hands  of  (he  comnussioners  of  loans,  for  that  purpose. 

The  papeis  under  the  letter  G  will  show  (he  measures  taken,  under  tlie  act  of  August  2d.  1813.  audi'iii/.ing  a 
loan  of  seven  millions  live  hundred  tiiousand  dollars,  and  the  manner  in  which  that  loan  was  obtained.  The  teno'i 
were  eighty-eight  dollars  and  tvienty-five  cents  in  money  for  one  hundred  dollars  in  stock,  bearing  an  in;er(;st  of 
six  per  cent.,  which  is  equivalent  to  a  premium  of  I'lirieen  dollars  thirty-one  cents  and  four-ninths  of  a  cent  on 
each  hundred  dollar-<.in  money,  loaned  to  the  I'nited  States.  Of  this  sum  of  7,500,000  dollars,  about  ".'^50.000  dol- 
lars were  paid  into  thetreasuiy  during  the  year  1>^1.'!.  ai^l  the  remainder  is  payable  in  the  months  of  .)anu:ir.V  and 
February,  1814. 

For  the  year  1811.  the  expentlitures,  as  now  authorize*!  by  bw.  are  estimated  as  follov\>: 

1.  Civil,  diplomatic,  and  miscellaneous  expenses,         ......  .      $l,700,00:i 

2.  Public  debt,  viz: 

Interest  on  the  debt  existing  previous  to  the  war,  ....         $2,100,000 

Interest  on  debt  contracted  since  the  wai-.  includins  tre:isurv  notes,  ami  loan  Hirthe 

year  1814,  .  .  .  T  .  "         .  .  2,950.000 

5.050,000 
Reimbursement  of  principal,  including  the  old  six  and  deferred  stocks,  tempoiary  loans, 
and  treasury  notes,  .........  7.150.000 

12,200,000 


652  '   '  FINANCE.  '  [1814. 

3.  Military  establishment,  estimated  by  the  Secretaiy  of  War,  for  a  full  complement  (including 
rangers,  sea  fencibles,  and  troops  of  all  descriptions)  of  63,422  officers  and  men,  and  including  ord- 
nance, fortifications, and  the  Indian  department,  and  the  permanent  appropriations  lor  Indian  treaties, 

and  for  arming  and  equipping  the  militia,  ........       24,550,000 

4.  Navy,  estimated  for  15,787  officers,  seamen,  and  boys,  and  for  1,869  marines,  and  including  the 
service  of  two  74  ships  for  four  montiis,  and  three  additional  frigates  for  six  months  of  the  year  1814, 

and  the  expenses  of  flotillas  on  the  coast  and  on  the  lakes,  ......         6,900,000 

Amounting,  £(ltogetlier,  to  ........  .     $45,350,000 


bi 


The  ways  and  means  already  provided  by  law,  are  as  follows: 

1.  Customs,  and  sales  of  public  lands.  The  nett  revenue  accruing  from  the  customs,  during  the  year  1812, 
amounted,  as  will  appear  by  the  annexed  statements  A  and  B,  to  13,142,000  dollars.  Of  this  sum,  about  4,300,000 
dollars  was  produced  by  the  additional  duties  imposed  by  the  act  of  July  1,  1812.  The  duties  which  have  acci'ued 
•luring  the  year  1813,  are  estimated  at  7,000,000  dollars.  The  custom  Iiouse  bonds  outstanding  on  the  1st  January, 
1814,  after  making  a  due  allowance  for  insolvencies  and  bad  debts,  are  estimated  at  5,500,000  dollars;  and  it  is  be- 
lieved that  6,000,000  dollars  maybe  estimated  for  the  receipt  of  the  customs  during  the  year  1814.  The  sales  of 
public  lands,  during  the  year  ending  September  30,  1813,  have  amounted  to  256,345  acres,  anil  the  payments  by 
purchasers  to  706,000  dollars,  as  will  appear  by  the  annexed  statement  C.  It  is  estimated  that  600,000  dollars  will 
)e  received  into  the  treasury  from  this  source,  during  the  year  1S14.  The  sum,  therefore,  estimated  as  receivable 
from  customs  and  lands,  is  .  .  .  .  .  .  .  .  .  .      $6,600,000 

2.  Internal  revenues  and  direct  tax.  Fiom  the  credits  allowed  by  law  on  some  of  the  internal  duties, 
and  from  the  delays  incident  to  the  assessment  and  collection  of  the  direct  tax,  it  is  not  believed  that 

more  ought  to  be  expected  to  come  into  the  treasury,  during  the  yeai'  1814,  than  the  sum  of     .  .         3,500,000 

3.  Balance  of  the  loan  of  seven  and  a  half  millions,  already  contracted  for,  .  .  .         3,650,000 

4.  Balance  of  treasury  notes,  already  authorized,         .  .  .  .  .  .  .  1,070,000 

5.  Of  the  balance  of  cash  in  the  treasury,  on  the  31st  December,  1813,  amounting,  as  above  stated, 
to  about  .  .  ....  .  .  .  .  .  .  .  $4,680,000 

Tliere  will  be  requiied,  to  satisfy  appropriations  made  prior  to  that  day,  and  then  un- 
drawn, at  least  .  .  .  .  .  .  .  .  .  .  3,500,000 

And  leaving,  applicable  to  the  service  of  the  year  1814,  ....         1,180,000 

16,000,000 
So  that  there  lemains  to  be  provided,  by  loans,  the  sum  of     ....  .  .       29,350,000 

$45,350,000 

AUhiiugh  the  interest  paid  upon  treasury  notes  is  considerably  less  than  that  paid  for  the  moneys  obtained  by 
the  United  States  on  funded  stock,  yet  the  certainty  of  their  reimbursement  at  the  end  of  one  year,  and  the  facili- 
ties they  aflbrd  for  remittances,  and  othei-  commercial  operations,  have  obtained  for  them  a  currency  which  leaves 
little  reason  to  doubt  that  they  may  be  extended  considerably  beyond  the  sum  of  five  millions  of  dollars,  hitherto 
authorized  to  be  annually  issued.  It  wdl  perhaps  be  eligible  to  leave  to  the  Executive,  as  was  done  last  year,  a  dis- 
cretion as  to  the  amount  to  be  borrowed  upon  stock,  or  upon  treasury  notes,  that  (Uie  or  the  other  may  be  resorted 
to,  within  prescribed  limits,  as  shall  be  found  most  advantageous  to  tlie  Umted  States. 

The  amount  estimated  to  have  been  reimbursed,  of  the  principal  of  the  public  debt,  during  the  year  ending  on 
the  30th  September  last,  including  treasury  notes  and  temporary  loans,  will  appear,  by  the  estimate  marked  D,  to 
have  been  3,201,308  dollars.  As  the  payments  on  account  of  the  loan  of  sixteen  millions,  had  not  then  been  com- 
{)leteil,  and  the  stock  had,  consequently,  not  been  issued  therefor,  it  is  not  practicable  to  state,  with  precision,  the 
amount  added  to  the  public  debt,  during  that  year;  but,  after  deducting  the  above  mentioned  reimbursement  of 
3,200,000  dollars,  this  addition  will  not  fall  short  of  22,500,000  dollars.  " 

The  plan  ot  finance  proposed  at  the  commencement  of  the  war,  was  to  make  the  revenue,  duiing  each  year  of 
its  continuance,  equal  to  the  expenses  of  the  peace  establishment,  and  of  the  interest  on  the  old  debt  then  existing, 
and  on  the  loans  which  the  war  inight  render  necessary,  and  to  defray  the  extraordinary  expenses  of  the  war  out  of 
the  proceeds  of  loans  to  be  obtained  for  that  purpose. 

The  expenses  of  the  peace  establishment,  as  it  existed  previous  to  the  armaments  of  1812,  made  in  contempla- 
tion of  war,  but  including  the  eight  regiments  added  to  the  military  establishment  in  the  year  1808,  and  the  aug- 
mentation of  tlie  navy  in  actual  service,  authorized  in  1809,  amounted,  after  deducting  some  casual  expenses  of 
militia,  and  other  iticidental  items,  to  about  .  .  .  .  .  ."  .  .       $7,000,000 

The  interest  on  the  public  debt,  payable  during  the  year  1814,  will  be: 

On  the  old  debt,  or  that  existing  prior  to  the  present  war,  .  .  .         $2,100,000 

On  the  debt  contracted  since  the  commencement  of  the  war,  including  treasury 
notes,  and  allowing  560,000  dollars  for  interest  on  the  loan  which  must  be 
made  during  the  year  1814,  a  sum  as  small  as  can  be  estimated  for  this  object,  2,950,000 

5,050,000 


Making  .........     $12,050,000 


The  actual  receipts  into  the  treasury  from  the  revenue,  as  now  established,  including  the  internal  revenues  and 
direct  tax,  are  not  estimated,  I'm- the  year  1814,  at  more  than  .....  $10,100,000 

Viz:  from  customs  and  public  lands,     ------  $6,000,000 

Internal  revenues  and  direct  tax,  .  _  -  .  -  3,500,000 


$10,100,000 


If  to  this  sum  he  added  that  part  of  the  balance  in  the  treasury  on  the  31st  December,  1813,  which 
has  been  estimated  above,  to  be  applicable  to  the  expenses  of  the  year  1814,  and  which,  upon  the  prin- 
ciple above  stated,  may  be  considered  as  a  surplus  of  revenue  beyond  the  expenses  of  the  peace  es- 
tablishment, and  of  the  interest  on  the  public  debt  for  the  year  1813,  and  therefore  applicable  to  the 
same  expenses  for  the  year  1814,  which  sum  is  estimated  at  -  .  .  .  .  1,180,000 


And  making,  together,  -  -  -  -  -  -  -  -  -  11,280,000 

There  will  still  remain  to  be  pt•o^  ided,  new  revenues,  capable  of  producing  ■  -  -  770.000 


But,  as  the  internal  revenues  and  direct  tax,  when  in  full  operation,  will  produce,  in  the  year  1815,  probably 
1,200,000  dollars  more  than  is  estimated  to  be  received  from  them  in  the  year  1814,  it  will  rest  with  Congress  to 
decide,  whether  it  is  necessary  that  new  and  additional  revenues  should  now  be  established. 

To  V. hat  extent  the  existing  embargo  may  reduce  the  receipts  into  the  treasury  from  the  customs,  during  the 
year  1815,  it  is  difficult  to  estnnate.  as  the  operation  of  the  war  had  reduced  the  receipts  from  the  customs  nearly 
one  half  from  that  which  was  received  during  the  year  preceding  the  war. 


1814.] 


STATE   OF   THE    FINANCES. 


653 


The  former  embargo  reduced  the  revenue  from  (he  customs  nearly  one-lialf  the  amount  of  that  which  was  re- 
ceived during  the  year  preceding  its  full  operation.  In  this  case,  however,  the  transition  was  from  the  full  receipt 
of  a  peace  revenue  to  the  entire  suspension  of  exportation  and  of  foreis'n  commerce  in  American  bottoms.  It  is  not, 
therefore,  to  be  presumed,  that  the  existing  embargo  will  cause  a  reduction  of  the  war  revenue  in  the  proportion  of 
(he  peace  revenue:  moreover,  the  effect  of  tiie  act  proiiibitiiig  the  importation  of  certain  articles,  necessarily  in- 
creases the  demand,  and  enhances  the  value  of  those  which  may  l)e  lawluily  imported;  anil  tlw  higli  pi  ice  they  bear 
will  produce  extraordinary  impor(ations,  and.  in  part,  compensate  for  the  prohibition  to  export  any  tiling  in  return; 
to  thrs  may  be  added  the  duty  on  salt,  the  operation  of  which  is  yet  but  partial. 

To  the  amount  of  the  delalcation  of  the  revenue,  caused  by  the  embargo,  whatever  it  may  l)e,  must  be  added  the 
difference  between  the  amount  of  the  interest  payable  in  the  year  1814^on  the  loan  of  (hat  year,  ami  the  whole 
amount  of  the  interest  on  the  said  loan,  payable  in  the  year  1815,  as  well  as  that  part  of  the  inierest  which  may  be 
payable  in  the  year  1815,  on  the  loan  of  that  year.  The  sum  of  these  items  will  be  recjuired  for  the  year  1815,  in 
addition  to  the  revenues  now  estabiisiied,  except  430,000  dollars,  being  the  difference  iietween  the  estimated  inciease 
in  the  receipt  of  the  internal  revenues  and  direct  taxes,  and  the  770,000  dollars  remaining  (o  be  provided  for  in  the 
foregoing  estimate. 

VVith  these  considerations,  it  is  submitted  whether  it  may  not  be  expedient  and  prudent  to  provide  nev,'  revenues, 
capable  of  producing  eithei'  (he  whole,  or  such  part  of  the  770,000  dollars,  unpiovided  for,  as  may  a|)pear  necessary 
to  fulfil  the  public  engagements,  and  secure  to  the  financial  operations  of  the  (iovernment  the  confidence,  stability, 
and  success,  which  is  due  to  its  fidelity,  and  to  theam[)le  resources  of  the  country. 

All  which  is  respectfully  submitted. 

^y.  JONES, 

dieting  Secretary  of  Ike  Treaiiury. 
Treasury  Department,  January  8lli,  1814. 


A. 


»^  Statement  exhibiting  the  amount  of  duties  irhich  accrued  on  Merchandise,  Tonnage,  Passports,  and  Clearances, 
of  Debentures  issued  on  the  exportation  of  Foreign  Mercliandise,  of  payments  for  Bounties  aiul  Allowances, 
and  for  expenses  of  Collection,  during  the  years  1811,  and  1813. 


Years. 

Duties  on 

Debent:ures 
issued. 

Bounties  & 
Allowances. 

Gross  Revenue 

Expenses  on 
Collection. 

Nett  Revenue. 

Merchandise. 

Tonnag'c. 

Passports  & 
Ck-aranccs. 

1811 
1812 

$10,427,412  21 
14,990,188  51 

$124,363  30 
155,353  00 

$19,737  70 
14,928  00 

$2,227,245  00 
1,542,622   19 

$784   13 

$8,343,484  08 
(a3,G17,847  32 

$440,929  4C 
475,838  95 

$7,902,559  G2 
13,142,008  37 

(a.)  Gross  revenue  for  the  year  1812, 
Deduct  interest  and  storage, 

Gross  revenue,  per  statement  B, 


$13,617,847  32 
31,008  33 

$13,586,838  99 


A  Statement  of  the  amount  of  American  and  foreign  T'onnage,  employed  in  the  foreign  trade,  for  the  year  1812, 

as  taken  from  the  records  of  the  'Treasury. 


American  tonnage  in  foreign  trade,         --..-. 
Foreign  tonnage,  -...---. 

Total  amount  of  tonnage  employed  in  the  foreign  trade  of  the  United  States, 


Tons,  667,999 
47,099 


15,098 


Proportion  of  foreign  tonnage  to  the  whole  amount  of  tonnage  employed  in  the  foreign  trade  of  the 

United  States.  -  -  -  -  -  -  -  -  -  -  6.6  to  100 


B. 

.4  Statement  exhibiting  the  value  and  quantities,  respectively,  if  Merchandise,  on  which  duties  actually  accrued 
during  the  year  1812,  ( consisting  oj  the  difference  between  articles  paying  duty,  imported,  and  those  entitled  to 
drawback,  re-exported)  and,  also,  the  nett  revenue  tvhich  accrued  during  that  year,  from  duties  07i  Merchandise, 
Tonnage,  Passports,  and  Clearances. 


Goods  paying;  duties  ad  valorem. 


Dollars.     Cts. 


3,576,643  dollars,  at  12^  per  cent.  -            -            -  - 

14,844,367       do.           25        do.  -             -             -  - 

893,846       do.  15         do.  - 

4,354,056       do.  30         do.  - 

49,506       do.           20         do.  ...  - 

108,996       do.           40         do.  ...  - 
(fl)  Additional  duty  on  $03,827,414,  at  2A  per  cent. 


23,827,414  ------ 

(b)  Spirits,  2,764,135  gallons,  at  27.6  cents,  average 

Do.  1,338,593      do.  56.6  do. 

(c)  Sugar,  38,647,755  pounds,  at    2.5  cents,    do. 

Do.  21,518.327       do.  5  do. 

(</■)  Wines,  789,413  gallons,  at  29.4  cents,    do. 

Do.  662.499  '    do.  53.3  do. 

(e)  Teas,  2,258,514  pounds,  at  21.4  cents,  do. 
83  tt 


447.080  38 

3.711.t)91   75 

134,076  90 

1,306,216  80 

9,901   20 

43,598  40 

595,685  35 


6,247.650 

761,721 

758,760 

979.552 
1.078.569 

232,040 

385.958  82 

484.541   32 


68 
78 
48 
25 
97 


Dollars.     Cts. 


654 


FINANCE. 


[1814. 


B — Continued. 


Goods  paying'  duties  ad  valorem. 


Teas,  385,815  pounds,  at  44.9  cents,  averajje. 

Coffee,      10,994,700  pounds,  at    5     cents,         ----- 

Do.  5,155,476       do.  10        do.  -  -  -  -  - 

Molasses,    5,651,471  gallons,  at    5       do. 

Do.  1,721,977      do.  10        do.  -  -  -  -  - 

(/)  All  other  articles,  ..------ 

To  which  ndd  duties  collected  on  merchandise,  the  particulars  of  which  could  not 
be  ascertained,  after  deducting  therefrom  duties  refunded  and  difference  in 
calculation,  ...------ 

Si  per  cent,  retained  on  drawback,     ---..---- 
Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels. 
Extra  duty  of  15^  per  cent,  on  merchandise  imported  in  foreign  vessels, 


Nett  amount  of  duties  on  merchandise. 

Duties  on  tonnage, 

Light  money,    -  -  -  - 

Duties  on  passports  and  clearances,     - 

Gross  revenue,  as  per  statement  -\,    - 
Deduct  expenses  on  collection, 

Nett  revenue, 


DoUars.    Cents. 


173,068  30 
549,735  00 
515,547  60 
282,573  55 
172,197  70 
488,131  88 


13,110,050  11 


85,085  63 


21,278  65 
144,168  63 


131,325  01 
24,027  99 


Dollars.     Cents. 


13,195,135  74 

55,974  97 


165,447  28 


13,416,557  99 


155,353  00 
14,928  00 


13,586,838  99 
475,838  95 


$13,111,000  04 


(a)  Additional  duty  of  2^  per  cent. 
35  per  cent,  retained  ( 


Explanatory  Statements  and  Notes. 


Additional  duty  of  2^  per  cent.        .  .  -  - 

35  per  cent,  retained  on  drawback,  -  -  -  - 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels 


$595,685  35 

786  54 

1,143  00 

$597,614  89 


(6)  Spirits — Grain 

1st  proof 

55,255  gallons 

at  28  cents 

Grain 

1st    do. 

16,427 

do. 

at  56    do. 

Grain 

2d     do. 

114 

do. 

at  29    do. 

Other  materials,       1st  and  2d    do. 

1,116,696 

do. 

at  25    do. 

Do. 

1st  and  2d    do. 

464,531 

do. 

at  50    do. 

Do. 

3d    do. 

1,063,759 

do. 

at  28    do. 

Do. 

3d     do. 

417,126 

do. 

at  56    do. 

Do. 

4th   do. 

527,246 

do. 

at  32     do. 

Do. 

4th   do. 

425,677 

do. 

at  64    do. 

Do. 

5th  do. 

224 

do. 

at  38    do. 

Do. 

5th   do. 

14,832 

do. 

at  76    do. 

Do. 

6th   do. 
Gallons, 

841 

do. 
pounds 

at  46    do. 

4,102,728 

(c)  Sugar— Brown, 

35,976,034 

,at  2^  do. 

Brown, 

- 

20,253,037 

do. 

5    do. 

White, 

. 

2,671,721 

do. 

3    do. 

White, 

Pounds, 
1st  quality. 

1,265,290 

do. 
gallons 

6    do. 

60,166,082 

(d)  Wines— Madeira, 

53,175 

,  at  58  cents. 

Do. 

do. 

53,116 

do. 

116    do. 

Do. 

2d  quality. 

21,166 

do. 

50     do. 

Do. 

do. 

3,619 

do. 

100     do. 

Burgundy  and  Champaign, 

1,052 

do. 

45     do. 

Do. 

do. 

514 

do. 

90     do. 

Sherry  and  St.  Lucar,    - 

16,153 

do. 

40     do. 

Do. 

do. 

11,073 

do. 

80    do. 

Claret,  &c 

.  in  bottles, 

15,536 

do. 

35     do. 

Do. 

do. 

8,339 

do. 

70     do. 

Lisbon,  Oporto,  &c. 

38,733 

do. 

30    do. 

Do. 

do. 

52,287 

do. 

60    do. 

Teneriffe, 

Fayal,  and  Malaga, 

371,925 

do. 

28    do. 

Do. 

do.             do. 

287,613 

do. 

56    do. 

All  other. 

in  casks, 

271,673 

do. 

23    do. 

Do. 

do. 

Gallons, 

245,938 

do. 

46    do. 

1,451,912 

$15,471  40 

9,199  12 

33  06 

279,174  00 

232,265  50 

297,852  52 

233,590  56 

168,718  72 

272,433  28 

85  12 

11,272  32 

386  86 

$1,520,482  46 


$899,400  85 

1,002,651  85 

80,151   63 

75,917  40 

$2,058,121   73 


$30,842  08 

61,614  56 

10,583  00 

3,619  00 

473  40 

462  60 

6,461  20 

8,858  40 

5,437  60 

5,837  30 

11,619  90 

31,372  20 

104,139  00 

161,063  28 

62,484  79 

113,131  48 

$617,999  79 


1814.] 


STATE    OF  THE   FINANCES. 


655 


Explanatory  Slatemenls  and  Notes — Continued. 


(e)  Teas — Bohea, 

Do.  ... 

Souchong,  ... 

Do.  -  -  - 

Hyson, 

Do. 
Other  green, 
Do. 
Extra  duty  on  teas  imported  from  other  places 
than  India,        -  -  -  - 


90,544  pounds,  at  13  cents 


41,342 

45,G91 

40,380 

303,708 

112,169 

1,818,571 

191,924 


Pounds,  2,644,329 


do. 
do. 
do. 
do. 
do. 
do. 
do. 


24 
18 
30 
32 
64 
20 
40 


do. 
do. 
do. 
do. 
do. 
do. 
do. 


$10,865  28 

9,922  08 

8,224  38 

14,536  80 

97,186  56 

71,788   16 

363,714  20 

76,769  60 

4,602  56 

$657,609  62 


les. 

Quantity. 

liate  of 

Kxcess  of  duties 

(/.)  All  other  artic 

Excess  of  impor- 

Excess of 

Excess  of 

tation  over  ex- 

exporta- 

duty. 

over  drawback. 

drawback 

portation. 

tion  over 
importa- 
tion. 

Cents. 

over  duties. 

Domestic  spirits,  1st  proof. 

gallons. 

28 

7 

$1   96 

Do.          do.       1st  proof. 

.       ^     do. 

1,219 

14 

170  66 

Do.           do.       4th  proof,  (from 

nolasses)         do. 

233 

34 

79  22 

Beer,  ale,  and,  porter. 

do. 

496 

8 

39  68 

Do.               do. 

do. 

46,039 

16 

7.366  24 

Cocoa, 

pounds. 

28,624 

2 

572  48 

Do.          .           .            . 

do. 

748,637 

4 

29,945  48 

Chocolate, 

do. 

837 

3 

25  11 

Do.           .           .           . 

do. 

81 

6 

4  86 

Sugar  candy, 

do. 

179 

m 

20  59 

^Do.        . 

do. 

52 

23 

11   96 

Almonds,     . 

do. 

338,205 

2 

6,764  10 

Do 

do. 

61,022 

4 

2,440  88 

Fruits — Currants,   . 

do. 

33,562 

2 

671   24 

Do.         .           . 

do. 

134,495 

4 

5.379  80 

Prunes  and  plums. 

do. 

44,090 

o 

881   80 

Do.     . 

do. 

1,694 

4 

67  76 

Figs, 

do. 

237,178 

o 

4,743  56 

Do. 

do. 

13,741 

4 

549  64 

Raisin-,  in  jars,  &c. 

do. 

402,288 

3 

8,045  76 

Do.        do. 

do. 

42,066 

4 

1,682  64 

Do.  all  other, 

do. 

448,615 

1  1 

»5 

6,729  22 

Do.      do. 

do. 

1,475 

3 

44  25 

Candles — Tallow, 

do. 

, 

4v 

192 

2 

, 

39  84 

Wax  or  spermaceti. 

do. 

4,318 

6 

259  08 

Do.        do.        . 

do. 

2,088 

12 

250  56 

Cheese,      .            .           .           . 

do. 

14,713 

7 

J.039  91 

Do.           .            .           . 

do. 

8,321 

14 

1,150  94 

Soap, 

do. 

107,236 

•2 

2,144  72 

Do 

do. 

184,196 

4 

7,367  84 

Tallow,      .             .            .            . 

do. 

492,991 

11 

7,394  86 

Do.           . 

do. 

128,669 

3 

3,860  07 

Spices — Mace, 

do. 

. 

3,750 

125 

, 

4,687  50 

Nutmegs, 

do. 

,» 

12,369 

50 

. 

6,134  .50 

Cinnamon, 

do. 

, 

15,022 

20 

, 

3,004  40 

Cloves, 

do. 

48,236 

• 

40 

19,294  40 

Pepper, 

do. 

69,681 

6 

4,180  86 

Do.        . 

do. 

132,138 

13 

15,856  56 

Pimento.  . 

do. 

94,639 

4 

3,785  56 

Do. 

do. 

53,345 

8 

4,267  60 

Cassia. 

do. 

166,596 

4 

6,663  84 

Do. 

do. 

50,228 

8 

4,018  24 

Tobacco,   manufactured,  other  t 

lan  snuff  and 

cigars. 

do. 

2,172 

6 

130  32 

Do.           .           .           . 

do. 

5,077 

12 

609  24 

Snuff, 

do. 

38 

10 

3  80 

Do.           .            ,           . 

do. 

355 

20 

71   00 

Indigo, 

do. 

9,663 

25 

2,415  75 

Do.           .           .           . 

do. 

67,734 

50 

33,867  00 

Cotton, 

do. 

35,386 

3 

1,061  58 

Do. 

do. 

859,192 

6 

51,551   52 

Starch, 

do. 

389 

3 

11   67 

Do.           .            .           . 

do. 

4.179 

6 

250  74 

Gunpowder, 

do. 

6,414 

8 

513   12 

Glue, 

do. 

9,608 

4 

384  32 

Do.          .            .           . 

do. 

42,130 

8 

3,370  40 

Iron — Anchors  and  sheet. 

do. 

101,659 

u 

1,534  88 

Do.           do. 

do. 

404,491 

3 

12,134  73 

Slit  and  hoop. 
Do,           do. 

do. 

176,131 

1 

1,761   31 

do. 

423,422 

2 

8,468  44 

656 

FINANCE. 

[1814. 

Explanatory  Statements  and  iVb/es—Continued. 

Quantity. 

■  Rate  of 

Excess  of  duties 

(/. )  All  other  articles. 

Excess  of  impor 

Excess  o 

Excess  of 

tation  over   ex 

exporta 

duty. 

over  drawback. 

drawback  over 

portation. 

tion  over 
import- 
ation. 

Cents. 

duties. 

Pewter,  plates  and  dishes. 

pounds. 

4,430 

8 

$354  40 

Nails,           .... 
Spikes,         .... 
Quicksilver, 
Do.           .           . 

do. 

739,462 

4 

29,578  48 

do. 

94,874 

S 

1,897  48 

do. 

74,386 

6 

4,463   16 

do. 

9,579 

12 

1,149  48 

Paints — Ochre,  in  oil, 

do. 

336 

3 

10  08 

dry,  yellow. 

do. 

91,573 

1 

915  73 

Spanish  brown,     . 

do. 

4,533 

1 

45  33 

Do. 

do. 

22,135 

t> 

442  70 

White  and  red  lead, 

1  \                                 1 

do. 

87,751 

2 

1,755  02 

Do.            do. 

Lead,  and  manufjictures  of  lead, 

Do.        do.                    do. 
Seines,         .... 

do. 
do. 

1,133,148 
405,271 

4 

1 

45,325  92 
4,052  71 

do. 

826,955 

o 

16,539   10 

do. 

686 

8 

54  88 

Cordage — Tarred,  . 

do. 

83,969 

2 

1,679  38 

Do.       . 

do. 

153,786 

4 

6,151  44 

Untarred, 

do. 

46,139 

H 

1,153  47 

Do. 

do. 

23,184 

5 

1,159  20 

Cables,         .... 
Steel,           .... 

do. 
cwt. 

2,332.2.23 

33,. 

557 

10 

2,332  71 

671   14 

Do.           ...           . 

do. 

5,626.2.12 

200 

11,253  21 

Hemp,         .... 

1"\ 

do. 

17,529.3.23 

100 

17,529  QQ 

Do.           .... 

Twine,        .... 

do. 

293.3.00 

200 

587  50 

do. 

125.2.21 

400 

502  75 

Do.           .... 

do. 

566.3.03 

800 

4,534  21 

Glauber  salts. 

do. 

6.3.06 

400 

27  21 

Coal, 

bushels, 

4,737 

5 

236  85 

Do.           ...           . 

Malt,            .... 

do. 
do. 

96,456 
6 

10 
20 

9,645  60 
1   20 

Fish — Dried  or  smoked,    . 

quintals. 

1 

50 

50 

Do.            do. 
Pickled  salmon. 

do. 
barrels. 

9,095 
690 

100 
200 

9,095  00 
1,380  00 

mackerel, 
all  other,    . 

■■-V 

do. 
do. 

86 
73 

120 
40 

103  20 

29  20 

Do. 

Glass — black  quart  bottles. 

do. 

groce. 

380 
925 

80 
60 

304  00 
555  00 

Do.        do.          .            .            . 

do. 

2,470 

120 

2,964  00 

V 

Window,  not  above  8  by  10, 
Do.        do.        do. 

100  sq.ft. 
do. 

1,413 

160 

2,260  80 

3,952 

320 

12,646  40 

Do.        do.  10  by  12. 

do. 

151 

175 

264  25 

Do.        do.     do. 

do. 

282 

350 

987  00 

All  above     do. 

do. 

26 

225 

58  50 

Do.        do.     do. 

do. 

463 

450 

2,083  50 

Cigars,         .... 

M. 

7,745 

200 

15,490  00 

Do.           .           .     ,       . 

do. 

2,668 

400 

10,672  00 

Boots,          .            :            .            .            . 

pairs. 

414 

150 

621   00 

Do.           ..... 

Shoes  and  Slippers — Silk, 

do. 
do. 

1 
3,692 

75 
25 

75 
923  00 

Do. 

Kid  and  morocco,     . 

do. 
do. 

581 
6,943 

50 
15 

290  50 
1,041  45 

Do.          do. 

do. 

5,144 

30 

1,543  20 

. 

Children's, 

do. 

53 

10 

5  30 

Do. 
Cards — Wool  and  cotton. 

do. 
dozens, 

105 
3 

20 
50 

21   00 

1   50 

155  30 

Paints — Ochre,  dry  yellow, 

pounds. 

7,765 

o 

Deduct  excess  of  drawback  over  duties. 

. 

502,769  26 
14,637  38 

11,637  38 

1 

$488,131  88 

Treasury  Department,  Register's  Office,  December  9,  1813. 


JOSEPH  NOURSE,  Register 


1814.] 


STATE    OF   THE    FINANCES. 


657 


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1814.] 


STATE   OF   THE   FINANCES. 


659 


D. 

An  Estimate  of  the  Principal  redeemed  of  the  Debt  of  tlie  United  Slates,  from  1st  October,  1812,  to  30th  Septem 
ber,  1813;  and,  also,  from  the  1st  Jpril,  1801,  to  30th  September,  181.3. 


The  amount  of  warrants  issued  on  the  Treasurer  of  the 
United  States,  on  account  of  tlie  interest  of  the  domestic 
debt,  and  of  the  reimbursement  of  the  old  six  per  cent,  and 
deferred  stocks,  from  the  1st  of  October,  1812.  to  the  .*30th 
September,  1813,  exclusive  of  a  repayment  of  $2,002  43, 
and  of  the  reimbursement  of  the  residue  of  the  converted 
six  per  cent,  stock,  and  of  the  purchase  of  Louisiana  stock, 
six  per  cent,  stock  of  1812,  and  of  deferred  stock,  as  stat- 
ed below,  was  -  -  -  -  $3,904,161  43 

Deduct    interest  which  accrued   during  the 
same  period,  calculated  quarter  yearly,      -    2,410,362  83 


Reimbursement  of  the  old  six  per  cent,  and  deferred  stocks. 
Do.  of  the  Navy  six  per  cent,  stock. 

Do.  of  the  55  per  cent,  stock, 

Do.  of  the  45  per  cent,  stock. 

Do.  and  purchase  of  eight  per  cent,  stock, 

Do.  and  purchase  of  exchanged  stock,    - 

Do.  of  converted  stock,    -  -  -  . 

Purchase  of  Louisiana  six  percent,  stock,  (cost  $205,021  76) 
Do.  of  six  per  cent,  stock  of  1812,  (cost  $322,960  35)  - 
Do.    ofdeferredstock,  (cost  $9,601  77) 

Payments  for  lands  in  certificates  of  the  debt  of  the  United 
States,  -  -  -  -  - 

Payments  to  foreign  officers,  and  for  certain  parts  of  the  do- 
mestic debt,  -  - 

Reimbursement  of  domestic  loans,      -  -  -  . 

Do.  of  treasur)^  notes,      -  -  .  . 

Do.  of  the  foreign  debt,    -  -  -  - 


Redemption  from 
1st  October,  1812, 
to  30tli  Septem- 
ber, 1813. 


$1,493,798  60 


.565,318  41 

208,000  00 

324,200  00 

9,650  20 


401  18 
100,000  00 
500,000  00 


Redemption  from 
1st  April,  1801,  to 
30th  September, 
1812,  per  the  Se- 
cretary's report 
of  4th  December, 
1812. 


$3,201,368  39 


$14,836,442  96 

711,700  00 

1,847,500  00 

176,000  00 

0.359,600  00 

6,293,351    12 

1,294.452  29 

118,500  00 


268,240  70 

92,009  89 
3,440,000  00 

10,075,004  00 


$45,512,800  96 


Total  principal  re- 
deemed, from  1st 
April,  1801,  to 
30th  September, 
1813. 


M  6,330,241   56 

711,700  00 

1,847,500  00 

176,000  00 

6,359,600  00 

6,293,351    13 

1,859,770  70 

326,500  00 

324,200  00 

9,650  20 

268,240  70 

92,411  07 

3,540,000  00 

500,000  00 

10,075,004  00 


$48,714,169  35 


The  amount  of  stock  purchased  during  the  year  ending  on  the  30th  September,  1813,  was. 

Viz:  Louisiana  stoclc,  ------     $208,000  00 


Six  per  cent,  stock  of  1812, 
Deferred  stock. 


The  sum  paid  from  the  treasury  for  the  same,  was 


324,200  00 
9,650  20 

541,850  20 


Making  a  diflference  of  -  -  - 

Which  sum,  deducted  from  that  here  stated  as  the  amount  of  debt  redeemed  in  the  year  ending 

September  30th,  1813,  viz:  -  -  .  - 

Shows  the  amount  actually  paid  froni  the  treasury  during  that  year,  on  account  of  the  reimburse- 
ment of  the  principal  of  the  public  debt,    -  -  -  .... 


$541,850  20 


$537,583  88 

4,266  .32 

3,201,368  39 

^3,197,102  07 


Treasury  Department,  Jiegister''s  Office,  Blh  January,  1814. 


JOSEPH  NOURSE,  Register. 


660 


FINANCE. 


[1814. 


E. 


Statement  of  Receipts  and  Payments  at  the  Treasury  of  the  United  States,  from  the  1st  of  October,  1812,  to  the 

30th  September,  1813. 


Cash  in  the  treasury,  subject  to  war- 

Payments on  the  following  accounts,  viz: 

rant,  October  1st,  1812,    - 

$2,362,652  69 

Received  for  the  proceeds  of  the  cus- 

Civil and  Miscellaneous  Expenses,  both 

toms,            .             $12,596,491  55 

foreign  and  domestic. 

Arrears  of  internal  re- 

venues  and    direct 

Civil  department,  proper,   .  $845,719  66 

tax,               .            .           8,179  88 

Grants   and    miscellaneous 

Sales  of  public  lands,        830,67153 

claims,        .            .            .     105,875  83 

Copper  coinage,          .          6,960  00 

Military  pensions,     .            .     i_87,103  72 

Fees  on  patents,          .          5,730  00 

Light  house  establishment,        138,369  35 

Postage  of  letters,        .               39  70 

Marine  hospital  establishment,    53,296  45 

Saline  near  the  Wabash,        7,400  00 

Mint  establishment,             .       15,057  79 

Public  property  sold,                346  30 

Public  buildings  in  Washing- 
ton,   and  furniture  for  the 

Consular  receipts   for 

seamen,         .            .             145  28 

President's  house,    .        .       18,073  00 

Fines,  penalties,  and 

Prisoners  of  war,       .            .     111,093  42 

forfeitures,  .             .           2,422  46 

Second  and  third  census,     .        2,477  12 

Prize  money,  .            .        80,694  32 

Contingent  expenses  of  Go- 

Interest   on    treasury 

vernment,               .           .           645  00 

notes,            .            .             300  00 

Purchase  of  bonks  for  Congress,     1,000  00 

Repayments,   .                    28,661  41 

Privateer  pension  fund,        .        8,197  27 

1^  5fig  042  43 

Ascertaining  land 

1  \J  ^%J\jij^\J^^      jt*j 

titles  in  Louisi- 

Loan of  11, 000,000,  per 

ana,              .             8,422  80 

actof  Mar.  14,  1812,    4,337,487  50 

Surveys  of  public 

Loan  of  16,000,000,  per 

lands,         .           17,175  88 

actof  Feb.  8,  1813,  14,488,125  00 
Treasury    notes,    per 

OK  Kna    ro 

Survey  of  the  coast  of  the 

act  of  June  30, 1812, 

United  States,       .            .        3,127  50 

4,898,300 

Cumberland  road,  53,358  99 

Ditto,  per  act 
of  Feb.  25, 

Roads  in  Ohio,  and 

under  the  treaty 

1813,              253,000 

of  Brownstown,  27,500  00 

on  or.o    nn 

5,151,300  00 

Trading  houses  with  the  In- 

23,976,912 50 

dians                                         16  883  ''8 

U.lU.lii7j                                •                                     •                                      •                     ±\JmVj(JtJ       AtfO 

Diplomatic   depart- 

ment,            .        27,600  61 

Contingent  expenses 

of  foreign    inter- 

1 

course,          .        69,762  47 

Treaties  with  Me- 
diterranean pow- 
ers,       .            .    51,045  00 

Relief  and  protec- 
tion of  seamen,     39,443  71 

Claims  on  France,     4,687  50 

192,539  29 

* 

$  1,705,916  35 

_ 

Military  Expenses,  viz: 

Military  department,  fortifi- 

cations, ordnance,  militia, 

volunteers,           .             18,291,991  49 

Indian  department,             .      192,759  00 

18,484,750  49 

Naval  Expenses,  viz: 

Naval  department,  marine  corps,    navy 

V 

yards,      ..... 

6,420,707  20 

Public  Debt,  viz: 

._ 

Interest  and  charges,             3,120,379  08 

Reimbursement  of  principal,  3,197,102  07 

6,317,481   15 

Balance  in  the  treasury  subject  to  war- 

rant, September  30,  1813, 

6,978,752  43 

$39,907,607  62 

$39,907,607  62 

1814.] 


STATE    OF   THE   FINANCES. 


661 


Statement  of  Moneys  received  into  the  Trcasunj  (Inri)ig-  the  year  181.3, /or  Treasury  Xote:: 

rate  of^'i  per  cent,  per  annum. 


Notes  issued  under  the  act  of  June  ."JOth,  I8I2: 


Received 


It  the  State  Bank,  Boston, 

Manhattan  Bank.  New  York. 
Mechanics*  Bank.        do. 
New  York  State  Bank,  Albany. 
Bank  of  Pennsylvaniii,  Pliiladel|)hia. 
Bank  ot" Columbia.  AVasliinston, 
Union  Bank,  Ge(>i-,:;et(iwn.  Columbia.   . 
Bank  of  Cliillicothe,  Chillicothe. 
Miami  Exporting  ('ompany.  Cincinnati, 
Hank  of  Kentucky,  Fiankfort. 


bcarimr  interest,  at  the 


SIOO,000  00 
100,000  00 
000,000  00 
179.S00  00 
18.5,000  00 
100.000  00 
50,000  00 
49.100  00 
100,000  00 
100,000  00 


Notes  issued  under  the  act  of  February  Oath,  1813: 


Received  at  the  Cumberland  Bank,  Portland, 
Merchants'  Bank,  Salem. 
State  Bank.  Boston. 
Manhattan  iiank.  New  York, 
Mechanics'  Bank,        do. 
Bank  of  Troy.  Troy.  New  York, 
Bank  of  Pennsylvania,  Philadelphia, 
Bank  of  Columbia,  Washington. 
Farmer's  Bank  of  Alexandria. 
Planters*  Bank,  Savannah. 


$2,164,500  00 


8100,000  00 
30,000  00 

1,000.000  00 
•250,000  00 
750,000  00 
100,000  00 

1,000,000  00 
200,000  00 
■200,000  00 
300,000  00 


$3,030,000  00 


G. 

LOAN  OF  SEVEN  MILLIONS   FIVE   HUNDRED   THOUSAND    DOLLARS. 

The  annexed  notification,  marked  Ga,  was  issued  on  the  30th  of  August,  1813;  and,  in  pursuance  thereof,  pro- 
posals were  received  on  the  ioth  of  September,  for  loaning  money  to  tiie  United  States,  on  a  six  per  cent.,  to  be 
received  by  the  lenders  at  various  rates,  amounting  in  the  whole  to  1-2,791.500  dollars.  .\  copy  of  one  of  these  pro- 
posals is  annexed,  marked  Gb.  the  others  were  substantially  of  the  same  foini.  After  rejecting  those  least  favorable  to 
the  United  States,  and  apportioning,  by  an  equal  rule,  among  those  that  were  accepted,  the  sum  that  was  to  be  received 
on  loan,  the  following  proposals,  for  the  sums  annexed  to  each,  were  accepted,  by  a  letter  addressed  to  each  of  the 
persons  making  the  proposals,  in  substance  the  same  as  that  annexed,  marked  Gc.  viz: 


Jonathan  Smith,  of  Philadelphia, 
J.acob  Barker,  of  New  York, 
iialph  Higinbotham,  of  Baltimoie,     - 
Quintin  Campbell,  of  Philadelphia, 
Fitz  G.  Halleck,  of  New  York, 
Thos.  W.  Bacot,  of  Charleston,  S.  C. 
William  Cochran,  of  Boston, 
George  T.  Dunbar,  of  Baltimore. 
(t.  B.  Vroom.  of  New  Yoik, 
Henry  Kuhl.  of  Philadelphia, 
Isaac'McKini,  of  I'jaltimoje. 
\Vhitehcad  Fish,  of  New  York. 
John  Duer.  of  Baltimore. 
William  G.  Cochran,  of  Baltimore,   ■■ 
Jacob  G.  K.och,  of  Philadelphia, 
William  Whaiin.  of  Washington, 
James  Cox.  of  Baltimore, 
Thomas  Cumming.  of  Augusta,  Geo. 
Tlie  Navy  Pension  Fund,^ 


$2,152,000 

1,435,000 

1,435.000 

468,000 

288,000 

221.000 

151,000 

147.000 

144,000 

144,000 

144,000 

118.000 

118.000 

110.000 

108.000 

73,000 

72,000 

72,000 

100.000 

S7.500.000 


And  the  aforesaid  sum  of  $7,500,000,  was  made  payable  at  the  following  places,  viz: 

At  Wiscasset.  Maine,         -  .  .  .  -  - 

New  York,  - 

New  Brunswick,  N.  J. 

Philadelphia,  .  .  .  -  - 

Baltimore,  -  _  .  -  .  . 

U'ashington.    ,-._," 

Vv'ashington,  Navy  Pension  Fund.  -  -  -  ■•  - 

Charleston.  S.  C.  -  ...... 

Augusta,  Georgia,  ._...- 


$75,000 

2,025.000 

36,000 

2.384,000 

2.514,000 

73,000 

100,000 

221,000 

72.000 

$7,500,000 


84 


tt 


(362  FINANCE.  [1814. 

Ga. 

NOTICE. 

Treasury  Department,  Jliigust  30th,  1813. 

Whereas,  by  an  act  of  Congress,  passed  on  the  2d  day  of  August,  1813,  the  President  of  the  United  States  is 
authorized  to  borrow,  on  the  credit  of  the  United  States,  a  sum  not  exceeding  seven  millions  five  hundred  thousand 
dollars:  And  whereas  the  President  of  the  United  States  did,  by  an  act  or  commission  under  his  hand,  dated  the 
7th  day  of  August,  1813,  authorize  and  empower  the  acting  Secretary  of  the  Treasury  to  borrow,  on  behalf  of  the 
United  States,  the  aforesaid  sum  of  seven  millions  five  hundred  thousand  dollars,  pursuant  to  the  act  of  Congress 
above  recited: 

PUBLIC    NOTICE    IS    THEREFORE    HEREBY    GIVEN, 

That  proposals  will  be  received  by  the  Acting  Secretary  of  the  Treasury,  until  the  twenty-fifth  day  of  September 
next,  from  any  person  or  persons,  body  or  bodies  corporate,  who  may  offer,  for  themselves  or  others,  to  loan  to  the 
United  States  the  whole  or  any  part,  not  less  than  one  hundred  thousand  dollars,  of  the  aforesaid  sum  of  seven  mil- 
lions five  hundred  thousand  dollars. 

The  stock  to  be  issued,  for  the  money  loaned,  will  bear  an  interest  of  six  per  cent,  per  annum,  payable  quarter 
yearly;  and  the  proposals  must  distinctly  state  the  amount  of  money  ottered  to  be  loaned,  and  the  rate  at  which  the 
aforesaid  stock  will  be  received  for  the  same. 

The  amount  loaned  is  to  be  paid  into  a  bank  or  banks  authorized  by  the  Treasury,  in  instalments,  in  the  follow- 
ing manner,  viz: 

One-eighth  part,  or  twelve  dollars  and  fifty  cents  on  each  hundred  dollars,  on  the  15th  day  of  October  next. 

One-eighth  part  on  the  15th  day  of  November  next. 

One-fourth  part,  or  twenty- five  dollars  on  each  hundred  dollars,  on  the  15th  day  of  each  of  the  ensuing  months  of 
December,  January,  and  February  next. 

The  proposals  must  specify  the  place  where  the  money  is  to  be  paid. 

If  proposals  differing  in  terms  from  one  another  should  be  accepted,  the  option  will  be  allowed  to  any  persons 
whose  proposals  may  be  accepted,  of  taking  the  terms  allowed  to  any  other  person  whose  proposals  may  be  accepted. 

No  proposals  will  be  received  for  a  sum  less  than  one  hundred  thousand  dollars;  but  a  commission  of  one-eighth 
of  one  per  cent,  will  be  allowed  to  any  person  collecting  subscriptions  foi-  the  purpose  of  incorporating  them  in  one 
proposal,  to  the  amount  of  one  hundred  thousand  dollars  or  upwards,  provided  that  such  proposal  shall  be  accepted. 

A  commission  of  one-eighth  of  one  per  cent,  will  also  be  allowed  to  the  cashiers  of  the  banks  where  the  payments 
shall  be  made;  who  will  issue  scrip  certificates  to  the  persons  making  the  payments,  and  will  endorse  thereon  the 
payments  of  the  several  instalments  when  made. 

On  failure  of  payment  of  any  instalment,  the  next  preceding  instalment  to  be  forfeited. 

The  scrip  certificates  will  be  assignable  by  endorsement  and  delivery,  and  will  be  funded  after  the  completion 
of  the  payments,  upon  presentation  by  the  proprietor  to  the  commissioner  of  loans  for  the  State  where  the  payments 
have  been  made. 

The  funded  stock,  to  be  thus  issued,  will  be  irredeemable  till  the  31st  day  of  December,  1835;  will  be  transfer- 
able in  the  same  mannei-  as  the  other  funded  stock  of  the  United  States;  and  will  be  charged  for  the  regular  and 
quarterly  payment  of  its  interest,  and  for  the  eventual  reimbursement  of  its  principal,  upon  the  annual  fund  of  eight 
millions  of  dollars,  appropriated  lor  the  i)ayment  of  the  principal  and  interest  of  the  debt  of  the  United  States,  in 
the  manner  pointed  out  in  the  aforesaid  act  of  the  3d  of  August,  1813. 

W.  JONES,  .'dieting  Secretary  of  the  Treasury. 


Sir: 


Gb. 

City  of  Washington,  September  35,  1813. 


Having,  agreeably  to  the  terms  of  your  public  notice  oi' the  30(h  of  August  last,  collected  subscriptions  for  the 
purp  .ine  of  incorporating  them  in  one  proposal,  I  hereby  propose  to  take,  of  the  loan  of  seven  millions  five  hundred 
thousand  dollars,  the  sum  of  three  millions  of  dollars,  payable  at  the  Bank  of  Pennsylvania,  on  the  following  terms, 
viz:  for  every  hundred  dollars,  in  six  per  cent,  stock,  1  will  give  eighty-eight  dollars  and  twenty -five  cents  in 
money,  or,  for  the  privilege  of  paying  the  balance  at  any  subsequent  instalment  after  the  first,  I  will  give,  for  every 
hundred  dollars  of  the  aforesaid  stock,  eighty  eight  dollars  and  fifty  cents  in  money. 

I  have  the  honor  to  be,  with  great  respect,  sir,  your  obedient  servant, 

JON  A.  SMITH. 
The  Hon.  the  Secretary  of  the  Treasury. 

Gc. 

Treasury  Department,  September  25,  1813. 
Sir: 

More  than  twelve  millions  and  a  half  of  dollars  were  this  day  offered  I'w  the  loan  of  seven  antl  a  halt  millions. 
The  rate  at  which  the  loan  is  taken,  is  eighty -eight  dollars  and  twenty-five  cents  in  money,  tor  each  hundred  dollars 
in  stock.  Your  proposal  for  three  millions  of  dollars  of  the  loan,  having  been  at  this  rate,  has  been  accepted;  but, 
in  consequence  ot  the  large  suiplus  offered,  it  has  been  necessary  to  reduce  the  amount  allowed  to  you  to  two  mil- 
lions one  hundred  and  fifty -two  thousand  dollars.  Upon  completing  the  payment  of  this  sum,  in  the  proportions  and 
at  the  periods  stated  in  the  public  notification  relating  to  this  loan,  of  the  30th  of  August  last,  you  will  be  entitled 
to  receive  stock  at  the  rate  above  mentioned. 

If  you  shall  desire,  or  any  of  the  persons  in  whose  behalf  your  proposal  was  made,  to  obtain  the  certificates  of 
funded  stock  before  the  15th  of  February  next,  the  day  on  which  the  last  instalment  of  the  loan  will  be  payable,  it 
may  be  effected  by  paying,  on  any  day  fixed  for  the  payment  of  an  instalment,  after  the  first,  all  the  subsequent 
instalments;  but  interest  will,  in  such  case,  be  allowed  only  as  if  each  instalment  had  been  paid  on  the  day  fixed  in 
the  public  notification  of  the  30th  of  August.  You  will  he  pleased,  on  receipt  ot  this  letter,  to  state  to  me  the  bank 
or  banks  in  which  the  money  will  be  pai^l;  and,  if  more  than  one.  the  precise  sum  payable  at  each;  and  on  or  before 
the  15th  of  October,  will  furnish  the  cashier  or  cashiers  of  such  bank  or  banks,  with  the  names  of  the  persons  in 
whose  behalf  your  proposal  has  been  made,  and  the  sums  payable  by  each. 

The  commission  of  one-eighth  per  cent,  will  be  paid  from  the  treasury,  after  the  payment  of  the  first  instalment 
on  the  15th  of  October  next. 

I  am,  respectfully,  sir,  your  obedient  servant, 

W.  JONES,  .Acting-  Secretary  of  the  Treasury. 

Jonathan  Smith,  Esq.  Philadelphia. 


1814.]  DUTIES   ON    LICENCES   TO   RETAILERS.  663 


13th  Congress.]  No.  404.  [ad     Session. 


NATIONAL    BANK. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    JANLARY     10,    1814. 

Mr.  Eppes,  from  the  Committee  of  Ways  and  Means,  to  whom  was  lefened  the  memorial  of  sundry  inhabitants  of 
the  State  of  New  York,  praying  for  the  estahlishment  of  a  national  bank,  made  the  folh)wing  report: 
That  the  power  to  create  corporations  within   the  teiritorial   limits  of  the  States,  without  the  consent  of  the 
States,  is  neither  one  of  the  po.vers  delegated  by  the  constitution  of  the  Cnited  States,  or  essentially   necessary  for 
carrying  into  effect  any  delegated  power. 


To  the  Senale  and  House  of  Representatives  of  the  United  Stales  of  Ameriea  in  Conffress  assenililed.  the  petition 
of  the  subscribers,  in  behalf  of  themselves  and  their  associates,  respectfully  showeth: 

That  they  are  desirous  of  establishing  a  national  bank,  and  of  being  incorporated,  for  the  purpose  of  carrying  on 
the  business  of  banking,  with  a  capital  of  thirty  millions  of  dollars,  at  sucli  phues  as  the  president  and  directors  of 
the  corporation  shall  appoint,  or  as  shall  be  designated  in  the  act  of  incorporation. 

Your  petitioners  are  induced  to  make  this  application  to  the  General  Government,  from  a  sincere  belief  tiiat  the 
establishment  of  a  national  bank,  will  be  no  less  beneficial  to  the  public,  than  to  the  individuals  who  may  be  con- 
cerned in  it.  Among  the  most  obvious  and  important  advantages  which  the  Government  would  acquire,  by  such  an 
establishment,  would  be  the  means  of  borrowing  from  it  money  for  the  public  service,  not  only  on  better  terms,  but 
with  much  greater  facility,  than  can  be  done  from  individuals.  In  order  to  secure  to  the  Government  this  benefit, 
your  petitioners  propose,  that  the  bank  shall  loan  to  the  Government,  whenever  required,  such  sums  as  they  may 
want,  so  as  they  shall  not,  at  any  time,  exceed  one  half  of  their  capital,  and  that  a  proper  clause  be  inserted  in  the 
act  of  incorporation,  to  carry  this  proposal  into  ett'ecf . 

The  other  fiscal  concerns  of  the  Government  would  also  derive  great  aid  from  a  national  bank,  through  which 
their  operations  might  be  conducted  with  much  more  economy  and  advantage  tiian  they  can  be  through  distinct 
State  banks. 

Your  petitioners  think  they  may,  on  this  subject,  safely  appeal  to  the  past  experience  of  the  Government,  for  the 
inconvenience  they  have  suffered  for  the  want  of  such  an  institution.  Y'ou>-  petitioners,  at  the  same  time,  beg  leave 
to  suggest  the  impolicy  of  having  the  moneyed  transactions  of  the  General  Government  dependent  on  State  institu- 
tions to  carry  them  into  effect. 

Your  petitioners  beg  leave  farther  to  state,  that  the  whole  circulating  medium  of  the  United  States  is  now  ap- 
propriated, by  the  different  State  banks,  who,  in  lieu  thereof,  circulate  their  own  paper,  to  the  amount  ot  at  least 
fifty  millions  of  iiouars,  to  the  exclusive  benefit  of  their  stockholders:  whereas,  by  the  establishment  of  a  national 
bank,  on  the  plan  proposed,  the  People,  in  every  part  of  the  United  States,  would  participate  in  its  benefits,  and  the 
Government  would  receive  from  it  accommodations  in  various  ways,  which  the  State  banks  have  not  the  means  of 
affording;  and,  in  converting  the  circulating  medium  to  the  use  of  Government.  Congress  will  find  less  difficulty, 
and  less  inconvenience  will  be  occasioned,  than  in  raising  the  same  amount  of  money  in  any  other  manner. 

The  establishment  of  a  national  bank  will  also  be  attended  w  ith  political  effects,  which  tiie  wisdom  ot  Govern- 
ment will  not  fail  duly  to  appreciate.  Men  of  wealth  and  influence,  without  regard  to  party  distinctions,  will,  in 
the  different  parts  of  the  United  States,  embark  a  part  of  their  fortunes  in  such  an  institution;  and,  as  its  prosperity 
and  security  must  depend  upon  the  stability  of  the  union,  and  its  present  form  of  government,  the  motives  of  inter- 
est, to  such  as  become  stockholders,  will  be  superadded  to  those  of  patriotism  to  contribute  to  their  perpetuity. 

Your  petitioners  forbear  to  press  upon  your  notice  a  variety  of  other  considerations,  calculated  to  show  the  public 
usefulness  of  the  proposed  institution,  because  they  are  sensible  that  they  will  suggest  themselves  to  the  intelli- 
gence and  discernment  of  those  whom  they  address. 

Your  petitioners,  therefore,  pray  lor  an  act  of  incorporation,  authorizing  them  to  establish  a  national  bank,  on 
Buch  terms  as  may  be  best  suited  to  the  public  interest  of  our  country. 

New  Y^ork,  December  18.  1813. 

Signed  by  one  hundred  and  tioenty-one persons. 


13th  Congress.]  No.  405.  [2d    Session. 


DUTIES    ON    LICENCES    TO    RETAILERS- 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,    ON  TIIE    IOtH  OF  JANUARY,   1814. 

Mr.  Eppes  made  the  following  report: 

The  Committee  of  ^Vays  and  Means,  instructed  by  a  resolution  of  the  House  to  inquire  into  the  expediency  o 
amending  the  first  section  of  the  act,  entitled   "  An  act  laying  duties  on   licences  to  retailers  of  wines,  spiritu- 
ous liquors,  and  foreign  merchandise,"  with  a  view  to  authorize  the  sale,  without  licence,  of  spirits  in  less  quan- 
tities than  five  gallons,  at  the  place  where  the  same  shall  have  been  distilled,  report: 

That,  in  many  parts  of  the  United  States,  where  the  population  is  dispersed  over  an  extensive  country,  and  but 
few  retail  stores  established,  the  provision  of  the  law,  as  it  now  stands,  will  subject  to  inconvenience  those  who  pur- 
chase spirit  in  less  quantities  than  five  gallons.  For  the  accommodation  of  the  great  mass  of  the  community,  how- 
ever, the  privilege  to  sell  in  quantities  not  less  than  five  gallons,  will  be  sufficient:  and  will  also  enable  the  small 
distiller  to  dispose  of  the  spirit  he  has  been  accustomed  to  sell  in  his  immediate  neighborhood,  without  paying  a  re- 
tail licence.  The  tax  on  stills  must  ultimately  fall,  not  on  the  distiller,  but  on  the  consumer.  It  does  not  appear, 
therefore,  that  the  payment  of  this  tax  in  the  first  instance,  ought  to  exempt  the  distiller  from  the  retail  tax,  where, 
from  any  peculiarity  of  situation,  with  a  view  to  profit,  he  may  add  the  occupation  of  a  retailer  to  that  of  distiller. 
Fearful  that  the  proposed  amendment  might  tend  to  introduce  frauds,  and  diminish  the  revenue,  and  considering  it 
impolitic  to  recommend  any  change  which  may  narrow  our  resources  at  the  present  time,  the  committee  consider  it 
more  safe  to  leave  the  law  as  it  now  stands,  and  to  apply  in  future  a  remedy,  if  experience  shall  pronounce  against 
its  provisions.    They  therefore  submit  the  following  resolution: 

Resolved,  That  it  is  inexpedient,  at  the  present  time,  to  authorize  the  sale,  without  licence,  of  spirits,  in  less 
quantities  than  five  gallons,  at  the  place  where  the  same  shall  have  been  distilled. 


664 


FINANCE. 


[1814. 


Treasury  Department,  December  28,  1813. 


Sir: 


I  have  had  tlie  lionoi'  to  receive  your  letter  of  the  20ih  instant,  on  the  subject  of  a  proposed  amendment  to  tlie 
law  laying  duties  on  licences  to  retailers,  the  object  of  wiiich  is  to  prevent  domestic  spirits  to  be  sold  in  less  quan- 
tities than  five  gallons,  by  persons  holding  licences  for  distilling  spirits  of  that  description;  and  inquiring  wiiether 
any  information,  derivedjfrom  the  operation  of  the  former  revenue  laws,  can  be  afforded  trom  the  treasury,  whicii 
will  enable  the  Committee  of  Ways  and  Means  to  decide  upon  the  probable  effect  of  such  an  amendment. 

Under  the  former  revenue  laws,  no  licence  was  necessary  for  the  selling  of  domestic  spirits;  and  no  informa- 
tion, therefore,  can  be  derived  from  that  source.  But,  without  resorting  to  experience  upon  the  subject,  it  is  obviou> 
that  the  proposed  amendment  would  be  attended  with  most  injurious  effects  upon  the  revenue.  The  sum  now 
payable  for  a  licence  for  retailing  domestic  spirits  alone,  is  fifteen  dollars  in  towns,  and  ten  dollars  in  the  country 
A  licence  for  the  employment  of  a  still  of  fifty  gallons  for  two  weeks,  may  be  obtained  for  four  dollars  and  fifty 
cents;  and  if  the  licence  be  taken  for  distilling  roots  only,  for  one  half  that  sum,  or  two  dollars  and  twenty-five 
cents.  Every  person,  therefore,  desirous  of  retailing  domestic  spirits,  instead  of  taking  a  licence  for  that  purpose, 
would  be  induced  to  take  a  licence  for  distilling,  if  that  licence  will  cost  but  one-half,  or  one-fourth  of  the  sum 
payable  for  the  other,  and  will  carry  with  it  the  privilege  of  selling  the  spirits  by  retail.  It  is  doubted  whether  the 
provision,  at  present  contained  in  the  law.  by  which  persons  having  a  licence  for  distilling,  are  authorized  to  sell  do- 
mestic spirits  in  quantities  not  less  than  five  gallons,  will  not  be  found  liable  to  abuse.  To  extend  it  further,  would 
be  to  render  this  abuse  certain;  and  would,  'moreover,  be  likely  to  convert  every  distillery  into  a  retail  store  or 
tavern. 

I  have  the  honor  to  be,  very  respectfully,  su-,  your  obedient  servant, 

W.  JONES,  ..ficiing  Secretary  of  the  Treusvry. 
Hon.  John  W.  Eppes,  Chairman  of  the  Committee  of  IJ'ays  and  Means. 


13th  Congress.] 


No   406. 


[2d  Session. 


DUTIES    AND    DRAWBACKS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY^IT,  1814. 

Sir:  Treasury  Department,  January  15,  1814. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  of  the  third  of  March,  1797.  I  have 
the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  and  merchan- 
dise, imported  into  the  Unitetl  States,  and  exported  therefrom,  during  the  years  1810,  1811,  and  1812. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

W.  JONES,  Acting  Secretary  of  the  Treasury. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


Statement  exhibiting  the  amount  of  Drawback  payable  on  sundry  articles  exported  from  the  United  States,  dur- 
ing the  years  1810,  1811,  and  1812,  compared  ivith  the  amount  of  Duties  collected  on  tlie  same,  respectively. 


IN  THE  TEAR    1810. 

IN    THE  TEAH   1811. 

IN  THE  TEAIl    1812. 

SPECIES  OF  MK.I1CHA>-DIS1;. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

jjayable. 

received. 

payable. 

received. 

payable 

On  Merchandise — 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

IJollais. 

Paving  a  diilN'  of  15  per  cent,  ad  val. 

6,598,612 

612,069 

2,852,535 

438,666 

654,808 

111,958 

bo         "      27i            do 

- 

- 

- 

- 

4,094,997 

2,714 

Do                17^            do 

1,592,219 

38,975 

484,048 

38,030 

176,766 

18,966 

Do               32i            do 

_ 

- 

- 

- 

1,416,681 

49S 

Do              22i           do 

130,506 

5,729 

32,210 

2,566 

11,435 

286 

Do               42  i            do 

-. 

_ 

- 

- 

46,358 

Wines,  Madeir.T,        _             _             - 

176,208 

21,085 

169,031 

17,256 

113,256 

3,951 

Burgundy,  Champaign,  &.C.    - 

422 

- 

375 

- 

936 

Sherry  and  St.   Lucar, 

31,082 

8.914 

1,808 

- 

15,325 

Claret,  in  bottles, 

2,890 

537 

10,869 

2.306 

13,128 

1,447 

Lisbon,  Oporto,  Sec.  - 

37,435 

651 

37,361 

3,157 

45,583 

1,787 

I'enerdre,  Fayal,  &.C. 

166,856 

16,516 

194,406 

10,575 

284,235 

8,912 

All  otiier,      -             -             - 

7L7,]81 

29,120 

194,020 

61,464 

221,146 

39,685 

Spirits,  foreign,  distilled  from  grain,  - 
Do    from  other  materials, 

45,099 

131 

10,572 

361 

24,704 

1,269,976 

33,192 

964,447 

21,622 

1,510,810 

3,755 

Do    from  domestic  [iroduce,  - 

10 

- 

30 

- 

173 

Do     from  molasses,     - 

_ 

- 

- 

- 

79 

Molasses,       -             -              -             - 

385,999 

969 

427,011 

926 

463,495 

Beer,  Ale,  and  Porter, 

12,635 

100 

3,616 

174 

7,472 

Teas,  Boliea,               _             _             - 

175,924 

13,485 

18,296 

11,319 

23,066 

2,199 

Souchiing,         -              -             - 

449,634 

43,059 

124,146 

31,944 

79,198 

54,208 

Hyson,                -             -             - 

417,331 

102,382 

115,629 

29,439 

186,768 

13,668 

Other  Green,    -             -             - 

518,925 

76,687 

376,535 

17,934 

448,479 

7,030 

CollVe,          -             _             -             - 

1,563,159 

1,206,337 

1,457,152 

550,607 

1,801,952 

668,554 

Cocoa,            _              _             _             _ 

46,088 

8,110 

47,967 

32,442 

38,287 

7,464. 

Chocolate,     -            _            -            - 

80 

- 

55 

- 

30 

1814.] 

DUTIES 

AND   DRAWBACKS. 

665 

STATExMENT— Continued. 

IN  THE  TEAIl   1810. 

IN  THE  TEAR  1811. 

IN   THE  TEAIl   1812. 

SPECIES  OF  MERCHAIfDISE. 

Duties 

Drawback. 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

Dollars. 

Dolhus. 

Dollars. 

Dollars. 

Dollars. 

Dollars. 

Sugar,  Brown,  Clayed,   or  otherwise. 

1,300,367 

577,394 

1,452,539 

96,228 

2,135,297 

173,430 

Wliite,  Clayed,  or  Powdered, 

522,498 

437,585 

492,015 

424,195 

420,780 

243,603 

Loafand  Candy, 

300 

- 

204 

_ 

on 

Other  refined,  and  Lump, 

2 

_ 

79 

Alnnonds,       -             _             _             - 

1,970 

707 

4,989 

152 

10,857 

3,269 

Currants,       _             _             _             _ 

2,087 

1,456 

2,087 

- 

6,051 

Prunes  and  Plums,     -             -             - 

545 

193 

870 

_ 

952 

Figs,              -             -             _             _ 

7,061 

323 

5,822 

634 

5,552 

193 

Raisins,  in  jars  and  Muscatel,              - 

10,902 

2,542 

16,647 

307 

10,269 

519 

Do.    all  other. 

5,636 

6,814 

11,954 

409 

7,024 

242 

Candles,  Tallow,       _             _             - 

1,183 

423 

951 

303 

214 

292 

Wax  and  Spermaceti, 

72, 

- 

492 

_ 

636 

100 

Cheese,        _            _            _            _ 

2,905 

290 

882 

325 

2,246 

45 

Soap,             _             _             _            _ 

4,169 

2,162 

15,831 

8,748 

14,308 

4,600 

Tallow,          _             _             _             _ 

2,345 

- 

16,532 

545 

11,593 

Spices,  Mace,            _            _            - 

23,276 

5,582 

15,849 

17,696 

7,642 

Nutmegs,      -             _             - 

48,284 

39,361 

73,320 

43,744 

977 

6,900 

Cinnamon,     -             -             - 

108 

- 

8,061 

5,437 

217 

3,109 

Cloves,           _             _             _ 

24,444 

19,432 

35,236 

26,208 

25,909 

6,263 

Pepper,         -             -             - 

349,262 

279,783 

169,834 

190,337 

101,465 

78,39.; 

Pimento,       -            -            _ 

22,622 

1,912 

15,283 

809 

9,453 

1,148 

Chinese  Cassia,           -              - 

16,355 

8,425 

11,535 

5,140 

14,042 

3,241 

Tobacco,   manufactured,   other  than 

Snuff,  &c.               -             -             _ 

95 

- 

1,142 

- 

834 

Snuff.            _             _             -             _ 

756 

520 

80 

- 

96 

18 

Indigo,          -            _            _            _ 

186,090 

185,299 

196,614 

104,489 

70,209 

32,670 

Cotton,         -            -            _            _ 

10,973 

23,807 

11,350 

5,203 

67,677 

14,469 

Powder,  Hair,             _             _             _ 

1 

Gun,             -             _             _ 

1,178 

279 

160 

- 

520 

Starch,           -             -             _             _ 

260 

_ 

140 

- 

288 

1 

Glue,              -             _             _             _ 

3,772 

465 

576 

_ 

3,755 

Pewter  Plates  and  Dishes,     - 

314 

_ 

155 

_ 

354 

Anchors  and  Slieet  Iron, 

12,878 

_ 

5,069 

_ 

13,660 

Hoop  and  Slit  Iron, 

8,691 

90S 

1,764 

743 

10,412 

175 

Kails,             -             -             _             _ 

45,160 

2,757 

5,796 

1,393 

30,284 

681 

Spikes,          -             -             _             _ 

2,895 

88 

523 

34 

1,986 

85 

Quicksilver,  -             -             -             - 

118 

_ 

859 

- 

5,629 

Paints,  Ochre,  in  Oil, 

162 

_ 

11 

_ 

10 

Dry  Yellow  Ochre,      - 

664 

_ 

1,362 

- 

1,071 

Spanisli  Brown, 

9,920 

475 

224 

139 

488 

White  and  Red  Lead, 

50,754 

235 

17,268 

36 

47,731 

Lead,  and  manufactures  of,    -             - 

15,820 

532 

13,399 

- 

20,832 

Seines,           -            -            _            _ 

99 

_ 

_ 

55 

Cordage,  Tarred,       -             -             _ 

16,918 

3,247 

30,148 

13,112 

13,972 

5,902 

Do.       Untarred,    -             -             - 

2,292 

27 

3,088 

271 

2,313 

Cables,          -             _             _             _ 

3,776 

1,625 

2,632 

912 

324 

960 

Steel,             -             _             _             _ 

15,092 

3,883 

4,749 

1,289 

14,138 

526 

Hemp,           -             -             _             _ 

178,760 

_ 

221,434 

2,125 

25,889 

7,500 

Untarred  Yarn,           -             -             - 

_ 

_ 

4 

Twine  and  Pack-thread, 

12,135 

379 

5,554 

696 

5,048 

Glauber  Salts,            -             -             - 

265 

61 

27 

Coal,              -             -             _             . 

19,907 

_ 

4,862 

- 

9,886 

Malt,              _             -             _             _ 

11 

_ 

4 

- 

1 

Fish,  Dried  or  Smoked, 

4,031 

_ 

644 

- 

9,096 

Pickled,  Salmon, 

4,835 

_ 

325 

- 

1,380 

Mackerel,          -            -            - 

2,872 

_ 

2,082 

- 

103 

All  other,           -             _             _ 

802 

_ 

119 

- 

Glass,  Black  Quart  Bottles,  - 

12,912 

358 

2,042 

173 

3,656 

89 

Window,          -             -             - 

51^99 

988 

13,033 

70 

18,301 

Cigars,           -             -             _             _ 

41,893 

10,285 

28,114 

4,101 

28,678 

1,168 

Lime,             -             -             _             _ 

26 

Boots,            -             -             _             _ 

829 

_ 

457 

192 

682 

58 

Shoes  and  Slippers  of  Silk, 

445 

_ 

1,130 

148 

1,456 

222 

Do.  all  other,         -             -             - 

1,724 

86 

858 

53 

2,641 

28 

Cards,  Wool  avsd  Cotton, 

O 

_ 

22 

- 

2 

Playing,          -             -             - 

988 

488 

36 

Dollars, 

16,562,080 

3,839,160 

10,450,960 

2,227,245 

14,874,090 

1,542,623 

Treasurv  DErAKTMKNT,  Register's  Office,  January  15,   1814. 


JOSEPH  NOURSE.  Register. 


666 


FINANCE.  [1814. 


ISthCoNGHESs.]  '  No.  407.  [2d  Session. 


DIGEST   OF   MANUFACTURES. 

COMMUNICATED  TO    THE   SENATE,    ON  THE   5tH    OF    JANUARY,    1814. 

To  the  Senate  of  the  United  States: 

I  transmit  to  the  Senate  a  report  of  the  Acting  Secretary  of  the  Treasury,  complying  with  their  resolution  of 

*^*^"^'^""*"^^-  JAMES  MADISON. 

Jannary  Xbth,  1814. 

Treasury  Department,  January  I3th,  1814. 

Sir: 

In  pursuance  of  the  resolution  of  Congress,  of  the  19th  of  March,  1812,  directing  the  Secretary  of  the  Treasury 
to  employ  a  person  to  digest,  and  reduce  to  such  form  as  shall  be  most  conducive  to  the  interests  of  the  United 
States,  a  statement  of  the  number,  nature,  extent,  situation,  and  value  of  the  arts  and  manufactures  of  the  United 
States,  &c..  Tench  Cuxe,  Esq.  of  Philadelphia,  was  employed  for  that  purpose.  I  have  now  the  honor  to  transmit, 
for  the' use  of  the  Senate,  two  series  of  tables,  as  prepared  by  him,  exhibiting  the  several  manufactures  of  the  United 
States,  as  returned  by  the  marshals,  and  secretaries  of  territories,  and  their  assistants,  in  the  year  1810,  first  by  States 
and  Territories,  and  secondly,  in  every  county  in  the  Union.  ,    .  ■  .    ,  , 

These  tables  are  accompanied  by  two  essays,  or  collections  of  facts  and  observations,  prepared  also  by  Mr.  Coxe, 
relating  to  the  state  of  the  manufactures  of  this  country,  and  the  motives  which  exist  for  affording  encouragement 

and  extension  to  them.  ^  ,,       .  ,     i-     ^ 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

W.  JONES,  .Acting  Secretary  of  the  Treasury. 
The  Honorable  the  President  of  the  United  States. 


Philadelphia,  June  21,  1813. 

Sir: 

I  have  the  honor  to  transmit  to  you  the  required  copies  of  a  statement  of  the  arts  and  manufactures  of  the 
United  States,  which  it  has  been  my  endeavor  to  render  as  correct,  and  as  plain  and  conformable  with  the  views  of 
the  Legislature,  as  the  diversities  and  deficiencies,  in  the  marshals  and  territorial  secretaries'  returns,  rendered 

I  trust  that  the  submission  of  the  facts  in  Part  I,  which  relates  to  manufactures,  as  connected  with  the  genera! 
principles  of  political  economy,  and  the  further  submission  of  the  facts  in  Part  II,  relating  to  the  proper  economy  of 
the  arts  and  trades,  both  which  precede  the  digest  of  the  returns,  will  not  be  deemed  useless  or  improper.  Con- 
sidered as  symptoms  and  as  evidences,  all  pertinent/ac/s  appeared  to  be  valuable,  as  indicating  the  true  state  of  the 
body  politic,  in  its  various  members  and  operations.  ,•,,••         r  ,        t^ 

The  small  variation  in  the  form  of  the  statements,  which  were  prepared  in  the  beginning  ot  last  December,  and 
the  addition  of  the  county  returns,  involved  a  transcription  of  the  whole,  and  much  additional  clerkship,  and  have 
delayed  the  document  until  this  time.  The  present  form  and  substance  are  the  best  in  which  it  has  been  in  my 
power  to  present  the  authentic  or  official  materials.  The  entire  portion  of  the  work,  which  is  of  the  nature  of 
estimate,  is  exhibited  separately  from  the  digest  of  the  returns  of  the  marshals  and  territorial  secretaries,  in  order 
that  neither  might  obscure  or  injure,  and  that  each  might  contribute  to  illuminate  and  support  the  other. 
With  great  respect,  I  have  the  honor  to  be,  sir,  your  most  obedient  servant, 

TENCH  COXE. 

William  Jones,  Esq.  Acting  Secretary  of  the  Treasury. 


A  Statement  of  the  Arts  and  Manufactures  of  the  United  States  of  America,  exhibiting 

I.  A  collection  of  facts,  evincing  their  benefactions  to  agriculture,  commerce,  navigation,  and  the  fisheries,  and 
their  subserviency  to  the  public  defence,  with  an  indication  of  certain  existing  modes  of  conducting  them,  peculiarly 
important  to  the  United  States. 

II.  A  collection  of  additional  facts,  tending  to  show  the  practical  foundations,  actual  progress,  condition,  and 
establishment,  of  the  American  arts  and  manufactures-,  and  their  connexion  with  the  wealth  and  strength  of  the 
United  States. 

III.  A  series  of  tables  of  the  several  branches  of  American  manufactures,  exhibiting  them  by  States,  Territories, 
and  Districts,  so  far  as  they  are  returned  in  the  reports  of  the  marshals,  and  of  the  secretaries  of  the  territories,  and 
their  respective  assistants,  in  the  autumn  of  the  year  1810,  together  with  similar  returns  ot  certain  doubtful  goods 
for  productions  of  the  soil,  and  agricultural  stock,  as  far  as  they  have  been  received. 

IV.  A  series  of  tables  of  the  several  branches  of  American  manufactures,  exhibiting  them  in  every  county  of  the 
Union,  so  far  as  they  were  returned  in  the  reports  ot  the  marshals,  and  of  the  secretaries  of  the  territories,  and  their 
respective  assistants,  in  the  autumn  of  the  year  1810,  in  execution  of  an  instruction  of  Albert  Gallatin,  Esq.  Secre- 
tary of  the  Treasury,  given  by  him  in  obedience  to  a  resolution  of  the  Congress  of  the  United  States,  of  the  19th  day 
of  March,  1812. 


Part  I. 

A  colleetion  of  facts,  evincing  the  benefactions  of  the  Arts  and  Manufactures  to  Agriculture,  Commerce,  Navigation, 
and  the  Fisheries,  and  their  subserviency  to  the  Public  Defence,  ivith  an  indication  of  certain  existing  modes  of 
conducting  them,  peculiarly  important  to  the  United  States. 

^—  Philadelphia, /)e<:em6fr  8,  1812. 

Sir:  ,  . 

I  have  already  had  the  honor  to  acknowledge  the  receipt  of  your  letter  of  the  26th  day  of  June  last,  commit- 
ting to  me  the  preparation  of  a  statement  of  the  arts  and  manufactures  of  the  United  States,  in  pursuance  of  the 
joint  resolution  of  the  Senate  and  House  of  Representatives,  approved  by  the  President  on  the  19th  day  of  March, 
1812. 


1814.] 


DIGEST  OF  MANUFACTURES. 


667 


The  resolution  of  Congress  is  Iramed  witli  a  view  so  comprehensive,  as  to  include  all  pertinent  information  of" 
an  authentic  character,  wlnle  it  allows  the  most  convenient  latitude  as  to  the  form  and  manner;  requiring,  only,  that 
the  statements  shall  so  exhibit  the  matter,  as  to  be  most  conducive  to  the  inten'sis  of  the  United  States.  As  the 
tables,  which  will  comprise  the  whole  mass  of  the  returns  of  the  iiuirsliaLs,  will  exhibit  many  genuine  parts  of  the 
entire  body  of  our  manufactures,  as  they  existed  in  the  year  1810.  it  appeared  expedient  thai  they  .-iiould  be'preced- 
ed  by  certain  fundamental  and  relative  facts,  which  may  contribute  more  fully  to  di.splay  tlie  objects  of  investiga- 
tion, in  their  bases,  coinmencemenf,  pro;;ress,  and  actual  situation,  and  to  facilitate  public  and  private  measures  in 
this  branch  of  the  national  industry,  and  in  the  other  branches,  to  which  manufactures  have  a  great  and  permanent 
relation. 

As  some  of  the  facts  are  of  a  nature  favorable  to  ihc  landed  Interest,  as  some  o^licin  an;  beneiicial  to  foreign 
commerce,  and  some  of  them  are  advantageous  to  the  business  of  t/ie  fisheries,  it  is  deemed  mosi  convenient,  in  this 
part  of  the  exposition,  to  class  them  under  those  three  several  heads  and  relations.  It  has  also  appeared  proper,  sepa- 
rately and  distinctly  to  present,  in  this  first  part,  another  class  of  facts,  which  shows  the  connexion  of  manufac- 
tures with  the  public  defence. 

It  is  considered  as  a  very  interesting  and  fundamental  truth,  that  manufactures  facilitate  Ihc  JirsI  strui^i^les  of 
the  American  settlers  for  decent  comforts.  Ihrfly  profits,  and  farming  establishment. 

For  the  purpose  of  effectually  testing  the  correctness  of  this  allegation,  two  measures  have  been  adopted.  The 
first  of  these  measures  is  an  examination  into  the  state  of  manufactures,  in  four  several  spar>ely  settled  districts  of 
our  country,  which,  iii  1810,  had  been  recently  laid  out,  according  to  the  nature  of  the  places,  lor  future  establish- 
ments as  counties.  The  inconsiderable  population,  within  these  four  intendetl  counties,  exhibits  the  infantine  con- 
dition of  their  respective  settlements,  in  that  year. 

A  note  of  the  persons  of  both  sexes,  within  four  of  the  distncts  of  Pennsylvania,  intended  to  be  organi/.ed  as  coun- 
ties, when  sufficiently  populated,  and  of  the  stock  of  animals,  producing  inaterials  for  manufactures,  with  the 
implements,  ^-c.  for  the  operations  of  manufactures,  and  the  goods  made  in  the  year  1810.  so  far  as  they  aie  re- 
turned by  the  marshals'  assistants. 


IN"  THE  NORTHWESTERN  QUARTER  OF  THE  STATE. 


Men,  women,  and  ciiildren,  - 

Common  sheep, 

Neat  cattle, 

Looms,  -  -  - 

Spinning  wheels,  - 

Hand  cards,  (pairs) 

Woollen  cloth,  (yards) 

Flaxen  cloth,  (yards) 

Cotton    cloth,  (yards) 

Mixed  cloth,  and  hempen,  (yards) 


McKean 
county. 


14-2 

7 

123 

1 

10 

It 

52 

125 

54 


Jefferson 
countv. 


161 
164 
1.30 

21 

20 

200 

1,.318 


Clearfield 
countv 


875 
590 
641 

28 
180 

91 

4,300 
1,306 
3,461 


AVarren 
count?. 


827 
495 
963 
28 
141 
94 
160 

6,549 
578 

1,811 


In  these  new  and  widely  scattered  settlements,  where  foreign  consumers  have  yet  no  agents,  the  mere  presence 
of  a  few  sheep  and  cattle,  supplying  wool,  hides,  skins  and  horns,  and  tallow  and  other  fiit,  as  materials  for  manu- 
facture, (that  is  to  say,  the  presence  of  the  raw  materials)  occasions  the  corresponding  manufactures.  In  such  places, 
profit,  comfort,  and  necessity,  appear  to  invite,  or  rather  to  compel,  the  farmers  and  their  families  to  that  mode  of 
industry.  The  returns  of  the  assistant  officers,  necessarily  every  where  defective  in  this  first  experiment,  must  be 
extremely  imperfect  in.settlements  so  widely  separated.  Carriage  makers,  blacksmiths,  hatters,  shoemakers,  tail- 
ors, domestic  makers  of  garments,  and  other  manufacturers,  known  to  exist  among  recent  improvers  and  in  old 
establishments,  are  omitted,  or  did  not  appear  to  the  officers.  Boards,  pot  ashes,  and  maple  sugar,  are  also  omitted 
by  the  marshal  or  his  assistants.  It  is  observed,  that  the  surplus  industry  of  these  new  settlements  is  applied  to  the 
manufacture  of  cotton  from  the  Atlantic  or  the  Mississippi.  /The  second  measure  of  examination,  to  ascertain  that 
manufactures  commence  with  our  first  settlements,  and  aid  their  progress  in  its  curliest  stages,  relates  to  the  interior 
State  of  Ohio,  the  youngest  member  of  the  Union  in  1810.  It  will  be  remembered,  fhata  number  of  the  Revolu- 
tionary officers  ami  soldiers  commenced  tlie  settlement  of  that  State,  originally  a  part  of  the  Xorthwcsicrn  Terri- 
tory, soon  after  the  peace  of  1783;  that  the  French  settlement  at  Sciota  was  made  a  few  years  later;  and  that  these 
^vere  f  illowed  by  the  settlements  of  emigrants  from  various  States,  and  particularly,  of  a  great  number,  who  improv- 
ed the  tract  on  Lake  Erie,  granted  to  Connecticut.  The  settlements  in  the  State  of  ()hio  were  very  much  retard- 
ed and  confined  by  the  detention  ot  the  western  posts  and  by  the  Indians,  till  after  the  victory  of  the  >Iiami,  under 
General  Wayne,  in  the  year  1794.  Within  the  fourteen  years,  which  preceded  the  taking  of  these  accounts  of 
manufactures,  in  the  autumn  of  1810,  the  settlements  in  the  State  of  Ohio  were  principally  commenced.  Its  whole 
population,  according  to  the  census  of  that  year,  was  230,760  persons,  whose  comfortable  condition  and  prosperous 
agriculture  were  occasioned,  mantained,  and  manifested,  by  a  number  of  manufactures,  of  which,  and  of  the  con- 
nected instruments  and  machinery  for  which,  the  following  is  the  imperfect  official  summary: 

The  whole  number  of  looms  in  the  State,  actually  returned,  is  10,856 — 1,943,433  yards  of  linen,  woollen,  and  cotton 


goods,  &c 
217  tanneries,  making  leather  worth 


1,212,266  gallons  distilled  spirits,  and  35,140  gallons  beer,         -  -  .  .  . 

Cut  nails,  -.------_. 

Iron  made;  machines  for  carding  wool  and  spinning  cotton;  fulling,  paper,  gun  powder,  and  oil,  mills, 
3,023,806  pounds  of  maple  sugar,  (which  may  be  deemed  questionable,  as  to  its  classification  as  a  manu- 
facture)       --.--...... 


8999,538 

153,581 

584,892 

64.723 

159,636 

302,380 

$2,261,760 


Considerable  as  this  amount  is.  the  important  fact  will  not  escape  notice,  that  shoes,  boots,  saddles,  biidle-.  har- 


ness, fur  and  wool  hats,  common  smiths'  work,  knit  stockings,  the  making  of  garments  in  shops  and  families,  manu- 
factures of  wood,  soap,  candles,  potash,  wares  of  metal,  (exception)  watciies  and  clocks,  and  various  other  things, 
actually  made,  are  omitted.  To  subject  the  raw  materials  of  the  Stale  of  Ohio,  wrought  into  these  manufactures, 
to  the  expenses  of  transportation  to  the  Atlantic  ports  of  Canada,  or  the  United  States,  and  to  import  such  substan- 
tial, large,  and  heavy,  supplies  from  the  usual  ports  of  Europe  and  Asia,  and  to  transport  them  into  those  inteiior 
settlements,  would  discourage  or  deter  all  new  migrators  towards  that  young  .State:  and  would  involve  its  present 
population  in  much  distress,  if  not  in  ruin.  The  domestic  manufacture  of  cotton  appears  in  counties  of  Ohio 
which  do  not  produce  that  raw  material.  — 

In  further  evidence  of  the  favorable  effects  of  manufactures  upon  our  interior  .settlements,  diose  of  the  county  of 
Washington,  m\  the  western  boundary  of  Pennsylvania,  may  be  correctly  adduced.  Its  whole  population,  in  1810, 
was  36,289  persons.  Its  sheep,  more  numerous  than  those  returned  by  any  other  county  in  the  State,  were  47.206. 
Its  spinning  wheels,j8,763.  Its  looms,  much  the  greater  part  ot  which  are  supposed  to  be  worked  by  ot«/c 
weavers,  regularly  i7i  the  trade,  1,774.    Its  hand  cards,  4,115  pairs.     Its  carding  machines,  6.     Fulling  mills,  12. 


668  FINANCE.  [1814. 

Distilleries,  301.  Blacksmiths' shops,  146.  Hatters',  20.  Saddlers',  19.  Shoes  and  boots,  37,000'pairs.  Coopers, 
62.  The  yards  of  goods  made,  570,773;  and  bricks,  913,000.  These,  with  the  goods  made  in  its  oil  mills,  saw 
mills,  powder  mills,  tanneries,  and  other  manufactures  and  works,  exhibit  a  value  of  goodsj  exclusively  of  flour,  of 
1.630,000  dollars.  As  the  iioroughs,  towns,  and  villages,  of  Washington,  in  Pennsylvania,  do  not  contain  more 
than  a  twentieth  of  its  population,  the  benefits  of  manufactures,  when  conveniently  or  closely  adjacent  to  agricul- 
ture and  the  landed  interest,  are  clearly  displayed.  Tracing  this  case  to  a  national  result,  it  will  be  found,  that  the 
whole  population  of  the  United  States,  in  1810,  combining  agriculture,  the  productions  of  nature,  and  manufactures, 
with  the  same  success,  would  have  exhibited  an  aggregate  value  of  manufactured  goods,  nearly  amounting  to  three 
Hundred  and  twenty-five  millions  of  dollars.*  The  quantity  of  the  manufactured  meal  of  Washington  is  greater 
than  that  of  any  other  county  of  Pennsylvania.  Its  number  of  horses  is  greater  than  that  of  any  other,  one  except- 
ed, its  number  of  neat  cattle  is  greater  than  that  of  any  other,  except  four.  It  has  not  one  open  or  worked  mine 
\    of  any  metal,  nor  a  furnace,  nor  a  foige,  on  the  return  of  the  marshal. 

Pursuing  the  current  of  facts  fnnn  this  Western  scene  to  the  banks  of  the  Susquehannah  and  Schuylkill,  it  is 
found,  that  the  counties  of  Lancaster  and  Berks,  with  a  joint  population  of  97,073  persons,  manufactured  an  aggre- 
gate value,  including  tlour,  of  5,055,000  dollars.  Twelve  other  counties  of  the  same  State,  from  the  head  ot  the 
Ohio  river,  to  the  banks  and  county  of  Delaware,  respectively,  exhibit  similar  manufactures,  exceeding,  on  a  medium, 
«)ne  million  of  dollars.  The  manufactures  of  the  limited  but  swarming  county  of  Philadelphia,  exclusively  of  the 
incorporated  oi-  city  part  of  the  entire  town,  and  deducting  all  the  flour  and  meal,  amount  to  0,070,652  dollars.  The 
manufactures  of  the  city  of  Philadelphia,  (within  the  strict  chartered  limits,  not  including  any  of  the  suburbs  or 
liberties)  containing  on  twelve  hundred  acres  of  land,  53,722  persons,  amount  to  9,347,767  dollars.  The  manufac- 
tures of  Pennsylvania,  on  twenty  millions  of  acres  of  her  settled  lands,  including  her  flour  and  meal,  f  and  other 
doubtful  articles,  appear,  by  the  return  of  the  marshal,  to  amount  to  44,292,093  dollars.  This  return  is  considered 
by  that  officer,  and  his  most  intelligent  assistants,  to  be  very  considerably  defective.  It  has  been  selected,  however, 
for  the  preceding  exhibition,  because,  in  combination  with  the  return  of  Ohio,  it  displays  the  state  of  manufactures 
through  an  extent  of  country,  exceeding  fifty  millions  of  acres,  commencing  at  the  distance  ()f  530  miles  west  of 
Philadelphia,  where  its  very  recent  settlements  are  intersperseil  with  Indian  cabins,  and  terminating  in  the  south- 
east witha  great  emporium  of  manufactures,  navigation,  domestic  trade,  and  foreign  commerce.  A  vast  redundancy 
of  land  exists  in  this  middle  district:  for,  the  total  population  of  Ohio  and  Pennsylvania  in  1810,  was  1,048,808 
persons,  upon  one  fifth  of  their  joint  soil.  But  this  redundance  of  land  is  accompanied  by  abundance  of  mill 
!-eats,  of  fossil  and  wood  fuel,  oi'  mineral  and  calcareous  substances,  of  baik,  dye  woods,  sugar  trees,  clay,  marble, 
1,'uilding  timber,  and  other  natural  raw  materials,  ingredients  and  necessaries  for  the  manufactures.  This  redun- 
dance of  land  also  furnishes,  upon  the  cheapest  terms,  all  that  belongs  to  sites  for  the  establishments  of  the  ope- 
rators, and  for  the  farms  of  the  growers  of  the  raw  materials.  Hence  we  find  the  sheep  of  Pennsylvania,  nearly 
619,000;  her  neat  cattle  more  than  612,000;  her  horses  255,645;  lier  flour  iuid  meal,  and  grain  liquors,  worth  more 
than  fifteen  millions  of  dollars.  Her  manufactures  of  iron  and  leather,  nearly  eleven  millions  in  their  joint  amount. 
These  facts,  from  th.e  most  considerable  return,  are  respectl'ully  adduced  and  rendered  prominent,  in  order  to  evi- 
dence, by  the  relative  truths,  the  actual  and  substantial  benefits  of  manufactures,  adjacent  to  agriculture,  in  our 
half  settled  distiicts. 

The  State  of  Vermont,  though  its  sti-aggling  settlements  were  commenced  under  numerous  disadvantages,  but  a 
few  years  before  the  Revolution,  presents  a  body  of  manufactures,  almost  exclusively  from  its  own  productions,  of 
4,325,824  dollars,  effected  by  a  population,  on  farms,  in  hamlets,  and  in  villages,  of  no  more  than  217,805  persons. 
Its  spinning  wheels,  more  than  one  half  of  which  ;ne  for  wool,  the  most  numerous  in  proportion  on  the  returns,  are 
67,756;  its  looms,  14,801;  its  carding  machines,  139;  its  woollen  goods,  1,207.976  yards;  its  ilaxen  goods,  1,859,931 
yards;  its  hats,  96,760;  its  shoes  and  bouts,  304,280  pairs;  its  majile  sugar,  1,200,000  pounds.  Its  saddlery  is  valued 
at  127,840  dollars;  its  tanneries,  at  386,500  dollars;  its  iron  foundries,  tilt  hammers,  and  forges,  are  104;  its  oil 
mills,  26;  its  paper  mills,  11;  its  fulling  mills,  166;  and  its  naileries,  67.  The  goods  made  in  its  smiths'  shops, 
printing  offices,  and  pot  ash  works,  and  by  its  book  binders,  brush  makers,  carriage  makers,  tallow  chandlers,  and 
soap  boilers,  coopers,  clock  and  watch  makers,  copper  smiths,  tin  plate  workers,  silver  smiths,  and  other  existing 
manufacturers,  are  omitted  in  the  return.     They  are  certainly  very  considerable  in  value. 

The  State  of  Kentucky,  a  recent  establishment,  and  much  later  than  Vermont,  exhibits,  on  her  return,  4,120,683 
dollars,  and  Maine,  with  nearly  as  much  land  as  the  rest  of  t!ie  Eastern  States,  drawn,  of  course,  from  manufac- 
tures by  agriculture,  and  by  commerce,  navigation,  and  the  fisheries,  returns  home-made  goods  to  the  value  of 
2,137,781  dollars.  In  the  reports  from  each  of  these  States,  numerous  existing  branches  are  entirely  unnoticed. 
Similar  omissions,  great  and  evident,  appear  in  many  instances.  But  a  very  impressive  fact,  evincing  the  real  and 
natural  connexion  between  the  planting  and  farming  citizens,  and  the  manufactuimg  branch  of  the  national  industry, 
is  the  possession  and  employment  of  about  122,719  looms  by  Virginia,  North  Carolina,  Kentucky,  and  Tennessee, 
which  difti;r  little  from  six-sixteenths  of  the  whole  number  ol  looms  in  the  United  States.  It  appears  that,  in  the 
South,  the  presence  of  the  various  raw  materials,  and  si  ill  more  the  great  redundancy  of  cotton,  have  excited  innume- 
rable and  valuable  main/fact ures.  1 1  is  believed  that  it  is  to  the  excitement  produced  by  the  presence  of  the  finest 
utarbles,  more  than  to  a  peculiar  eminence  of  genius,  that  the  (ireeksand  Romans  owe  their  possession  of  the  beau- 
tiful an<l  the  grantl  fabrications  from  those  materials.  The  invention  of  statuary  occurred  in  Egjpt,  but  it  did  not 
rise  to  any  perfection,  in  a  country  destitute  of  fine  mart)le. 

It  is  a  fact  of  great  importance  in  this  statement,  and  on  the  subject  of  the  relation  of  manufactures  to  the  landed 
interest,  that  none  of  its  productions,  wh^Wwv  o^  natural  growl h  or  the  f rials  of  ndliration,  in  the  Middle,  North- 
'  -n,  and  Eastern  States,  which  can  be  considered  as  raw  materials,  are  now  exported,  in  an  uiimanufactured  state,  to 
foreign  markets.  The  manufacturers  may  be  said  to  purchase  and  employ  a  quantity  equal  to  the  whole:  for,  if 
small  parcels  have  been  lately  exported,  much  greater  quantities  o!  similar  foreign  articles  have  been  introduced  from 
;i.broad.  The  landed  interests  nave  no  actual  foreign  purchasers  for  their  wool,  flax,  hemp,  liides,  and  skins  of 
domestic  aniinals,  and  various  metals.  The  tables  compiled  from  the  marshals'  returns,  will  display  a  very  great 
value  and  variety  of  goods,  made  of  those  materials,  and  the  returns  of  imports,  and(ither  documents,  justify  the 
allegation,  that  importatiiins  of  similar  foreign  materials,  to  the  amount  of  forty  or  fifty  millions  of  pounds  weight, 
ior  the  purpose  of  manufacture,  weie  made  in  each  of  several  years  preceding  the  season  of  the  returns.  The  mo- 
mentiius  fact  is,  therefore,  satisfactorily  established,  that  the  jimerican  manufacturer's  demand  has  greatVj  sur- 
passed all  the  abilities  of  the  planters,  farmers,  land-holders,  and  miners,  to  supply  those  five  descriptions  of  raw 
materials.  In  the  same  situation,  all  our  crude  sugars  and  molasses,  produced  in  Louisiana,  if  considered  as  ma- 
terials for  manufacture,  are  |)laced,  by  our  refineries  and  distilleries. 

COTTON. 

Until  the  late  rev(>lution  in  the  cultivation  of  cotton,  by  which  it  was  converted,  through  the  strenuous  exer- 
tions of  the  friends  of  manufactuies,  from  a  petty  object,  m  little  fields  and  gardens,  into  an  article  of  extensive 
cultivation  among  the  planters  and  tanners,  theie  was  no  redundant  raw  material  for  the  manufacture  of  cloths  and 
stuiTs  for  apparel  and  turniture  in  the  Unitc-d  States.     There  is,  at  this  time,  no  other  redundant  law  material. 

The  gieen  seed  cotton  was  the  best  adapted  to  the  general  quality  and  situation,  and  to  the  climate  of  the  South- 
ern States.  _  Biit,  its  easy  cultivation  was  very  much  restrained  by  the  extraordinary  difficulty  of  separating  it  from 
the  seeds.  This  operation  required  so  nuich  manual  industry  as  greatly  to  impede  the  manufacture,  and  oi  course, 
foi-  the  time,  to  prevent  an  extensive  cultivation.     In  the  year  1793,  the  invaluable  saw  gin  was  invented  by  a  citi- 

'  Pinkerton,  in  one  edition,  states  the  total  value  of  the  manufactures  of  England  at  63,200,000  pounds  sterling-,  about 
380,000,000  of  dollars.  In  another  edition  he  states  them  at  67,200,000  pounds  sterling-.  They  exclude  some  things,  which  we 
include. 

■j-The  flour  and  meal  are  worth,  by  the  marshal's  report,  10,800,290  dollars.  The  unsettled  lands  of  Pennsylvania  are  sup- 
posed to  amount  to  nearly  8,000,000  of  acres. 


1814.]  DIGEST    OF    M  ANU  F  A  CTT^RK  S.  f^Qg 

zen  of  the  United  vStates,  and  was  so  improved  and  perfected  as  to  render  it  easy,  it  is  said,  to  separate  the  seeds 
from  one  liundred  millions  of  pounds  weight  of  cotton  wool,  by  tlie  einphiynu'nt  of  three  or  four  hunched  persons, 
although  it  is  alleged  that  it  would  require  thi'ee  hundred  thousand  pcisons  to  ett'ect  tlie  same  by  hand.  The  inven- 
tor of  this  gin  states  the  difference  between  its  opi-ratioii  in  couimuii  iiantls.  and  the  ordinary  manual  oi)cr.itioii,  at 
one  thousand  to  one.  By  the  employment  of  ihis  machinery,  every  vicinity  can,  easily,  and  expeilitniiisly.  pre- 
pare its  cotton  for  the  manufacturing  cards,  and  tiiat,  in  the  aggregate,  to  any  extent  that  liie  world  could  require, 
were  it  to  clothe  itself  entirely  in  cotton  manufactures.  'I'luis  lias  there  been  added,  by  our  own  invention,  to  the 
machinery  to  facilitate  the  manufactory  of  a  staple  production  of  our  soil,  a  single  im|)rovement,  moveable  by  water, 
steam,  cattle,  or  hand,  which  has  set  loose  those  immense  powers  of  agriculture,  to  produce  cotton  wool,  wliich 
were  before  enchained. 

In  pursuing  the  statement  of  facts  which  manifest  the  aids  of  manufactures  to  the  landed  interest,  the  next  step, 
from  the  .^mrrican  sawg-in,  is,  to  the  system  of  machinery  to  incike  cotton  yarit. 

The  water-spinners  of  cotton,  in  one  of  the  States,  have  represented  to  the  marshal  that  they  can  make  eighty- 
two  pounds  and  one  half  ol  yarn,  by  each  spindle,  within  every  year.  But  tlie  owners  of  other  spinning  mills 
deem  it  unsafe  to  calculate  on  more  than  fifty-two  pouiuls  of  yarn,  per  annum,  for  each  s[)indle.  The  (jualiiy  of  the 
yarn  under  consideration  is  said  to  be  suitable  for  cotton  cloth  of  twenty  seven  inches  in  width,  worth  fmly  cents 
per  yard.  At  the  lowest  of  the  rates,  the  United  States,  had  they  1,100. 000  spindles,  could  work  up  into  yarn, 
the  sixty-four  millions  of  pounds  weight  ol' cotton,  which  are  the  maximum  of  our  exportation  in  any  one  year.  In 
a  proportion,  corresponding  with  the  table  in  page  10  of  your  reuiut  in  part,  on  the  subject  of  manuiactures,  this 
number  of  spindles  would  require  a  capital  of  nearly  seventy  millions  ot  dollars.  But  this  would  be  as  well  in  retil 
estate  as  in  the  cash,  and  other  personal  property,  and  loans,  and  purchases  on  credit.  Sixty-four  millions  of  pounds 
of  cotton,  in  the  proportion  of  the  same  table,  page  10,  wouUI  pioduce  about  fifty  millions  of  pounds  oi'  cotton  yarn, 
and  with  the  labor,  in  the  proportion  of  the  same  table,  of  about  58,000  persons.  Of  these,  no  inore  than  one  eighth 
part  ought  to  be  adult  males;  the  remaining  seven-eighths  might  be  women  and  children.  This  employment  ol'  liuss 
than  a  hundredth  part  of  our  white  population  would  be  no  inconvenience  to  agriculture  orcommeice.  As  the  cot- 
ton spinning  mills  are  increased  in  magnitude,  a  smaller  proportion  of  capital  will  be  required. 

The  yarn  thus  manufactured,  at  a  price  twelve  and  a  hali' per  cent,  less  than  that  in  the  table  of  the  report, 
page  10,  "(which  appears  to  be  one  dollar  and  one  eighth  per  pound)  would  amount  to  fifty  millions  of  dollars— a  sum 
exceeding  the  aveiage  value  of  all  the  exports  of  American  articles,  in  the  three  most  favorable  years.  'I''his  great 
production  is  from  the  water  and  steam  manufactory  of  the  exportable  surplus  of  a  cotton  crop,  worth,  at  twelve 
and  one  half  cents  per  pound,  eight  millions  of  dollars.* 

But,  if  the  weaving  of  this  yarn  be  executed,  as  it  may  be,  with  perfect  ease,  by  the  employment  of  100,000  women, 
(less  than  one-sixth  of  our  adult  females)  with  the  fly  shultle,  during  one  half  of  each  working  day  in  the  year,  the 
quantity  of  cloth,  by  the  Rhode  Island  rule,  of  four  yards  for  every  pound,  would  amount  to  about  two  hundred 
millions  of  yards.  This  quantity  of  cotton  cloth,  at  one-third  of  a  dollar  per  yard,  would  be  worth  about  sixty-seven 
millions  of  dollars. 

There  is  yet  another  operation,  which  can  be  effected  by  labor-saving  means,  and  by  a  process  superseding  the 
labor  of  many  hands.  Machinery  is  now  in  actual  operation,  in  the  United  States,  for  printing  cotton  and  linen 
cloths,  by  engraved  rollers  of  copper,  moved  by  water.  Ten  thousand  yards  have  been  priiited  with  ease  in  a  single 
day,  by  one  man  and  two  boys,  with  these  rollers.  Fifty  thousand  children's  handkerchiefs  have  been  printed  in 
the  same  time  by  the  same  number  of  persons.  Similar  means  are  in  constant  use  for  staining  or  dying  cotton  and 
linen  cloths  of  one  color,  in  the  same  expeditious  manner,  so  as  to  make  them  fit  tor  a  greater  variety  of  apparel  and 
furniture.  Were  these  operations  to  be  performed  upon  the  whole  quantity  of  cotton  goods  estimated  in  this  state- 
ment, they  would  add  seven  or  eight  millions  of  dollars  to  their  value,  and  would  require  but  fifty  or  sixty  thousand 
men  and  children.  The  aggregate  value  of  our  surplus  cotton.  (61.000,000  lbs.)  even  when  thus  simply  manufac- 
tured by  -210,000  persons,  would  be  raised  from  eight  or  nine  millions  of  dollars  to  seventy-five  millions  of  dollars. 
The  total  addition  to  the  original  value  of  our  cotton  crop  alone  would  be  at  a  rate  far  exceeding  the  value  of  onr 
exports  of  American  growth. 

To  manifest  the  importance  of  such  operations  to  the  landed  interest,  it  may  be  safely  affirmed  that  sixty-four 
millions  of  pounds  weight  of  clean  cotton  wool,  freed  from  the  seeds,  can  be  produced,  on  a  low  average,  by  half  a 
million  of  acres  of  unmanured  land.  A  quantity  of  cotton  wool,  eipial  to  all  that  is  now  produced  by  the  civilized 
and  uncivili/,ed  nations  of  the  world,  could  be  raised  on  a  very  small  portion  of  our  Southern  soil. 

Such  are  the  benefits  which  agriculture  and  the  country  at  large  may  derive  from  the  manufacture  of  owr  only 
redundant  raw  jnaterial.  The  States  of  Rhode  Island  and  Massachusetts  have  expelled  all  doubts  about  the  prac- 
ticability of  the  cotton  operations.  With  the  smallest  territory  in  the  United  States.  Rhode  Island  has  already  at- 
tained and  introduced  into  her  vicinityf  a  cotton  branch  of  our  manufactures,  as  valuable  as  the  cotton  branch  of 
any  country  in  Europe  was,  at  the  time  of  the  formation  of  our  present  constitution. t  The  neighboring  States  of 
Massachusetts  and  Connecticut  quickly  followed  Rhode  island;  and  the  tables,  which  are  annexed,  imperfect  as  diey 
unavoidably  are,  manifest  the  universality  and  magnitude  of  the  cotton  manufacture  in  1810.  !f  a  very  sober  pru- 
dence shall  estimate  the  ralue  of  the  water  spun  and  steam  spun  cotton  yarns,  at  the  prices  for  which  they  can  be 
imported,  without  profit,  from  Europe,  there  will  remain  an  opportunity  for  much  lucrative  business  in  works,  and 
very  great  accommodations  and  savings  in  private  families,  especially  in  the  Southern  and  Western  States  and  dis- 
tricts. This  allegatiim  will  not  be  doubted,  since  the  State  of  Georgia,  with  a  white  j)opulation  of  one  hundred  and 
f(U-ty-five  thousand  four  hundred  and  f)urteen  persons,  manufactured,  at  the  date  of  the  last  census,  more  yards  of 
various  cloths  and  stuffs  than  Rhode  Island.  The  difference  in  favor  of  (ieorgia  was  one  million  five  hundred  and  forty 
thousand  yards.  By  the  proportion  of  this  frontier  southern  agricultural  State, !|  the  white  poi)ulalion  of  our  country 
might  be  proved  to'have  been  capable  of  manufacturing,  in  1810,  assorted  cloths  and  sturts.  of  the  various  raw  ma- 
tenals,  to  the  amount  of  one  hundred  and  seventy-two  millions  of  yards.  These  facts  illustrate  the  state  of  manu- 
factures in  one  of  the  most  agricultural  and  in  one  of  the  least  agricultural  States,  before  the  recent  iiicrease  of 
the  port  duties  upon  foreign  manufactures,  and  the  voluntary  or  unforced  course,  which  those  two  dissimilar  States 
have  respectively  taken,  in  manufacturing  their  cloths  and   stuffs,  for  furniture  and  apparel,  out  of  the  various  pro- 

ductit)ns  of  our  own  lands. 

WOOL. 

The  facts  which  will  be  presented  in  evidence  of  tiie  present  influence  of  the  woollen  mannfacfrnc  upon  the 
laniied  interest,  are  numerous  and  important. 

There  does  not  occur  to  present  recollection  any  raw  material,  in  which  the  hand  of  Providence  has  made  so 
great  a  diversity  of  quality  and  value,  as  exists  with  respect  to  sheep's  wool.  Each  description  has  its  proj)er  uses 
and  capacities.  The  climate  in  which  the  sheep  is  brought  forth,  raised,  and  maintained,  is  considered  by  many  as 
a  circumstance  of  the  utmost  importance.  A  standard  by  whicli  to  determine  the  correspondence  of  places  in  all 
those  particulars  wliich  constitute    climate,   appears  therefore  to   be  a   great  desideratum,  and  is  mo-t  likely  to  be 

*  Cotton  yarn,  of  No.  73,  was  wortli,  in  Eng-land,  A.  1>.  1787,  .36.y.  M.  sterlnig,  or  ^8  11  per  pound.  Such  \arii,  in 
1792,  was  reduced  to  9.S.  8 Jrf.  sterling-,  or  J2  16  per  pound.  In  1807,  the  same  No.  73  was  worlh  As.  4i(/.  sterling-,  or  97 
cents  per  pound.  Cotton  macliinery  was  not  g-onei-ally  extended,  in  Great  Britain,  till  the  year  1780,  when  it  continued  under 
a  monopoly.      We  had  not  began  to  raise  cotton  crops  for  exportation,   nor  invented  the  saw  g-in. 

f  Massachusetts  is  also  great  in  the  cotton  branch. 

i  The  quantity  of  cloths  and  stuffs,  for  clothing  and  furniture,  which  could  be  made  iiv  the  United  States,  in  proportion  to  the 
population  and  manufactures  of  Rhode  Island,  in  1810,  would  be  243,000,000  of  yards,  according-to  the  marshal's  return,  which 
he  considers  as  niatenally  defective. 

J  In  the  year  1807,  Georgia  had  only  one-eighty-fourth  part  of  the  tonnage  of  the  ships  and  vessels  of  the  United  States. 

85  tt 


670  FINANCE.  [1814. 


found  in  natural  objects.  Some  vegetable  production,  of  peculiar  characteristics,  indicating  the  same  degree  of  tem- 
perature, wherever  it  is  found,  was  presumed  to  be  probably  existent.  It  is  believed  that,  until  a  more  sure  and 
more  accurate  standard  object  can  be  thought  of  or  discovered,  ihe  Auruntia  Sinensis,  or  the  China  or  Sweet  Orange, 
may  prove  an  useful  natural  instrument  to  ascertain  a  climaterial  correspondence  of  a  line  of  places,  on  the  Euro- 
pean and  North  American  continents,  from  which  we  may  safely  begin  to  count  the  minutes  and  degrees  of  tem- 
perature, at  least  for  agricultural  and  manufacturing  purposes.  The  vicinities  oi' Lisbon,  in  the  old  world, and  St. 
Augustine  and  New  Orleans,  in  the  new,  produce  this  delicate  fruit  in  the  highest  perfection,  and  will  be  considered 
as  justifying  the  temporary  assumption,  subject  to  correction,  that  the  climates  of  places,  in  the  Jltlantic  Slates,  cor- 
respond in  temperature  jvith  those  of  Europe,  not  being  insular,  which  are  nine  degrees  of  latiltule  more  Northern.* 
An  application  of  this  guide  to  the  production  of  wool,  in  the  United  States,  gives  the  following  results: 


The  best  wool  in  Great  Britain,  is  in  the  Western  Islands  of  Scotland,  and  i.i  very 

line.  '"•."".' 

The  next  quality  is  the  wool  of  Herefordshire.  England,  and  is  very  good, 
Saxon  wool,  the  best  German,  very  fine,      -  -  -  .  - 

Rousillon,  French  wool,  very  fine,  -  .  .  -  . 

Spanish  merino  wool,  from  ---..- 


N.  Latitude   in 

Equal,  in   Ame- 

Europe. 

rica  to, 

Deg. 

Deg. 

58       00" 

49       00" 

52        20" 

43       20" 

51        40" 

42       40" 

42        50" 

33       50" 

44  to  39° 

35  to  30° 

From  the  very  fine  quality  of  the  Scottish  Western  Island  wool,  (which  is  said  to  be  from  the  merino  breed  of 
sheep,  obtaine'  accidentally  so  long  ago  as  A.  D.  1588)  from  the  excellency  of  the  Scottish  Shetland  wool,  and  from 
similar  qualities  of  the  wool  of  Saxony  and  of  the  ancient  woolofBerri,  and  the  modern  wool  of  Rousillon,  in 
France,  thoe  is  reason  to  believe  that  the  climates  of  Europe,  capable  of  producing  undcgenerate  merino  sheep, 
extend  considerably  beyond  and  to  the  North  of  Spain.  But  the  classification  is  given  here  with  exactness;  and 
certain  fine  wools  of  Deumaric  and  Sweden  might  be  added.  If  the  political  disconnexion  of  France  occasioned 
her  not  to  possess  the  breed  and  the  pastoral  regimen,  necessary  to  the  production  of  the  finest  description  of  wool, 
the  perfect  freedom  of  agriculture,  and  the  actual  diffusion  of  all  legitimate  advantages  in  every  mode  of  business,  in 
tlie  United  States,  will  soon  enable  us  to  ascertain  the  extent  in  which  we  possess  the  proper  Cis-Atlantic  latitudes. 
There  appears  no  reason  to  doubt  that  tlie  precise  temperatures  of  the  most  favorable  and  most  esteemed  sheep 
iL'cdks  of  Spain  are  to  be  found  joithin  our  territory. 

It  is  considered  that  a  dry  air  is  very  favorable  to  the  l.ealth  of  sheep,  and  to  the  fineness  and  delicacy  of  their 
wool,  a!td  it  is  believed  that  the  United  States  may  entertain  a  just  confidence  in  the  success  of  their  woollen  manu- 
facture, from  their  enjoying  an  atmosphere  of  tliis  character.  The  nmst  successful  woollen  mamifacture  in  the 
world,  is  found  in  an  insular  and  humid  situation.     Our  success  may  therefore  become  superior. 

It  is  considered  that  no  part  of  our  territory  is  too  far  south  for  liealthfu!  sheep  and  fine  wool.  This  fact  is 
worthy  of  particular  estimation,  because  it  has  been  erroneously  suggested,  that  the  tropical  climates  convert  the 
fleeces  of  sheep  into  hair.  Since  St.  Augustine  is  of  the  temperature  of  liisbon,  our  territory  on  the  Gulf  of  Mexico 
must  be  more  cool  than  the  South  of  Spain.  Barbary,  the  South  of  Italy,  Greece,  Egypt,  the  land  of  Canaan,  and 
the  greater  part  of  Persia  and  Thibet,  in  which  countries  the  most  ancient  histories  and  the  most  recent  informa- 
tion concur  to  prove  tlie  abundance  of  sheep,  and  the  excellence  of  the  wool.  Even  in  the  ardent  climate  of  Peru, 
tliere  abound  certain  indigenous  woo!  bearing  animals, |  one  race  of  which  produces  ileeces  of  the  finest  quality. 

Tlie  breeds  of  sheep  which  have  prevailed  in  the  United  States,  till  within  a  few  years,  have  not  been  of  the 
heavy  fleeced  character,  except  in  a  very  lew  valuable  instances.  But,  since  the  introduction  of  the  Spanish  me- 
rinoes,  and  the  attractitm  of  the  public  attention  to  some  of  the  breeds,  whose  fleeces  were  observed  to  be  heavy,  or 
which  are  adapted  to  the  comb,  numerous  experiments  att()rd  the  strongest  reason  to  believe  that  sheep,  in  this 
country,  will  be  great  wool  bearers,  according  to  their  respective  breeds.  The  annual  shearings  and  exhibitions 
display  nmch  detailed  and  satisfactory  evidence  on  this  point. 

Of  the  productions  of  agriculture  and  husbancby  among  the  civilized  nations,  sheep  employ  the  smallest  number 
of  persons,  according  to  their  value.  The  laising  and  maintenance  of  sheep,  are,  so  iar,  peculiarly  adapted  to  our 
circumstances,  as  to  extent  of  territory,  and  modeiate  population.  Sheep  are  then  a  convenient  object  for  the 
United  States,  as  tiiey  employ  more  land  than  any  otiier  production,  and  we  have  more  than  we  can  cultivate  or 
employ.  Holland  is  forbiddePi,  by  iier  very  limited  soil,  to  be  extensive,  though  skilful  in  lite  woollen  manufactory; 
and  Imports,  by  her  canals,  most  of  tiie  flax  and  yarn  of  which  she  makes  her  linens.  The  United  Stales,  on  the 
contrary,  are  capacilated  and  invited,  by  their  extensive  territory,  to  rise,  with  easeaiul  singular  rapidity,  into  emi- 
nence in  the  woollen  branch.  The  sagacity  and  energy  of  Rhode  Island  have  given  her  the  first  comparative  im- 
portance in  cotton  mills  and  establishments;  btit  the  young  settlements  of  Maine  and  Vermont,  by  means  of  their 
more  extensive  territories,  have  enabled  each  of  them  far  to  exceed  her  in  sheep,  wool,  and  woollen  manufactures. 
England  and  Wales,  with  only  thirty  four  millions  of  acres  of  land,  and  twenty-six  to  twenty-nine  ndilions  of  sheep, 
have  been  said  to  produce  one  hundred  and  forty-five  millions  of  pounds  of  wool,  in  every  year,:};  and  to  sell  to 
other  nations,  more  woollens,  than  the  rest  of  mankind  exports.  The  English  and  Welsh  population  is  about  ten 
millions:  but  their  progress  in  the  production  of  wool  seems  to  be  arrested  by  the  wcmt  of  soil  for  grain,  cattle,  hor- 
ses, and  plantations  of  trees.  Britain  imports  all  the  v.ool  she  can  purchase,  and  pays  immense  sums  to  Ireland  and 
to  foreign  countries  for  bread  ami  meat,  wood  and  timber,  iron,  flax,  hemp,  and  skins,  for  her  European  and  foreign 
dominions,  armies,  riavies,  and  manufactures.  Scotland,  with  a  very  sagacious,  economical,  and  energetic  population, 
is  the  least  Savored  of  the  civilized  nations,  as  to  the  quality  of  her  soil.  She  conseqitently  exports  very  few  wool- 
lens fiom  her  own  agriculture.  It  ma)-  be  affirmed,  then,  in  safe  contrailiction  to  ancient  opinions,  of  our  own  and 
of  Rnri)\K',  thai  the  abundance  of  the  soil  of  the  United  States  qualifies  and  irresistibly  invites  or  impels  them  to 
continue,  improve,  and  extend,  tlie  woollen  manufacture. 

The  case  of  the  Western  Scottish  islands,  in  which  some  strandeil,  captured,  and  fugitive  \essels  of  the  Spanish 
armada  are  believed  to  have  left,  in  the  year  1588,  some  Castilian  sheep,  establishes  the  truth,  that  poor  dry 
lands  will  preserve,  in  a  considerable  degree,  fine  wool  in  a  breed  of  sheep,  even  in  a  moist  and  rigorous  climate, 
where  the  lightness  of  the  soil  has  stunted  the  stock  of  the  animals,  and  reduced  the  weight  of  the  fleece:  for 
these  Scottish  sheep  are  very  small,  asid  bear  little  ^vool.  The  proper  temperature,  dry  situatmns,  the  proper  light- 
ness of  food,  greater  care  of  the  fleeces,  in  the  time  of  growtii,  and  increasing  skill  in  the  important  operations  of 
tile  wool  sorter,  ensure  us  a  very  rapid  attainment  of  fine  wool.  It  must  soon  be  more  than  we  can  want  at  home. 
But  exportation  takes  oft' the  woollens  of  a  single  European  nation,  from  their  own  raw  materials,  to  the  amount  of 
twenty  millions  of  dollars,  with  a  considerable  addition  from  fi)reign  wool. 

The  examples  of  all  the  fenny  or  marshy  districts  of  Great  Britain,  establish  the  truth,  that  the  unoccupied 
swamps  of  the  United  States,  when  they  shall  be  properly  drained,  will  support  the  heavy  fleeced  breeds  of  long 
woolled  sheep,  much  of  the  fleeces  of  which  is  adapted  to  the  comb,  and  is  necessary  for  the  "  worsted"  or  "  stuff'" 
manufacture,  for  the  ordinary  liosiery,  and  for  well  coated  blankets. 

*  Tile  production  of  the  sugar  cane,  and  of  the  cotton  stu-ub  or  tree,  in  Spain  and  America,  may  aLso  be  considered. 

I  Hum;i,  properly  Runa,  like  a  .small  Camel;  Giianaca,  and  Vicuna;  of  which  the  Pacos  is  a  species.  See  the  skin  of  this  ani- 
mal, with  its  wool,  hair,  teeth,  and  hoofs,  in  Peale's  Philadelphia  Museum. 

t  Luccock,  of  Leeds,  states  the  wool  of  Bng-land  and  Wiiles  to  have  been,  in  1805,  about  94,500,000  pounds. 


1814.]  DIGEST  OF   MANUFACTURES. 


671 


At  this  moment  we  possess,  tiniised,  a  superiihunihint  (|u;iiifity  of  fenny,  marsliy,  bn2;gy,  or  s\vam()y  laud,  capable 
of  sustauiing  more  ol  the  Ions;  woiiiled  or  heavy  Heeced  slieep,  than  we  can  want  tor  (lur  own  use,  and  promising  to 
our  merchants  an  export  trade.  The  most  notable  quantities  of  these  lands  are  in  the  maritime  counties  of  North 
Carolina  and  A^n-guiia.*  'I'hese  lari^e,  heavy  lleeced.  and  long  woolled  slieej),  require  to  be  well  M.  Mixing  the 
long  \v<|olled  and  other  breeds,  and  a  right  management,  produce  gieat  benefits  to  the  larmcr,  and  to  the  hosier 
class  o!  manufacturers. 

It  is  considered  that  there  were  at  least  thirleen  or  fourteen  millions  of  pounds  of  wool  sheared  in  the  ITnited 
States,  in  the  year  1810;  and  that  the  growth  of  wool  in  the  year  IhIO  has  been  twenty  to  twenty  two  millions  of 
pounds  There  are  some  who  believe  the  (juantities  to  be  rather  greater,  because  the"  inciea>e  is  in  a  large  com- 
pound latio.  One  half  of  f hi-  young  are  females,  and  the  males  are  woul  bearers,  till  they  are  exported  (u- consumed. 
Much  mroe  care  of  sheep  is  generally  observable.  The  fleece,  while  growing,  is  better  kept.  There  is  much  more 
care  and  opportunity  for  choice  as  to  breeders.  The  merino  fleece  is  heavier,  as  well  as  iiiRr.  than  the  country 
breeds.  The  ein!)argoes,  foreigiijivstrictions,  spoliations,  war,  and  high  freights,  have  diminished  exportation;  and 
rendering  iither  meat  andfisli  imue  difficult  to  sell,  and  combining  with  other  causes,  have  doubtless  affected  the 
consumption  ol  mutton.  Ther;'  has  been  at  the  same  time  a  considerable  importation  of  wool,  and  a  great  importa- 
tion of  fine  wdolleil  ancl  heavy  fleeced  sheep.  It  is  probable  that  no  country  has  ever  eflected  so  great  changes  in 
the  value  and  extent  of  its  stock  of  sheep,  as  the  United  States,  within  a  few  years.  There  is  the  strongest  encou- 
ragement to  persevere  in  the  preservation,  multiplication,  and  improvement,  of  these  animals. 

The  improvements  in  the  manufacture  of  wool,  and  in  the  means  of  condudiiig  it,  have  been  very  considerable. 
Carding  machines  have  been  introduced,  to  the  number  of  113,  in  the  single  State  of  New  York.  The  wool  pickin^ 
machine  also  saves  labor.  The  inaiuifiictory  of  hats,  ronstnninff  more  woo/,  iviilifcw  liandu,  Ihan  am/  other  oftfie 
ancie/it  modes,  is  carried  to  tlie  extent  of  our  consumption.  W'c  begin  to  export  hats.  The  European  iinprovements 
to  save  labor,  in  spinning  wool,  have  been  brought  into  extensive  use.  Fulling,  a  labor  saving  process,  is  greatly 
increased.  It  was  formerly,  as  in  hatting,  a  mrumal  operctlion.  Mcue,  tfian  formerly,  of  our  wool  is  used  in  those 
manufactures,  which  do  not  require  regular  fulling,  such  as  flannels,  and  gooils  made  of  combed  wool.  Dying  is  much 
improved  by  the  modern  aids  of  chemistry.  'I'he  ,//;y  shuttle,  ?«/(/c/t  «/w.s' /«/;or,  is  constantly  multiplied.  The 
loom  and  the  weaver  are  much  improved.  Female  aid  in  manufactures,  which  prevents  the  diversion  of  men  and 
boys  from  agriculture,  has  greatly  increaseil.  Children  are  employed  as  well  as  the  infirm  and  the  crippled.  The 
asylums  of  the  poor  and  unfortunate,  and  the  jienitentiaries  of  indiscretion  and  immorality,  are  improved  and  aided 
by  the  employment  and  profits  of  manufactures.  Lithe  section  of  the  Unwn  occupied  in  part  by  colored  laborers, 
decent  anil  comfortable  hospitals  have  been  established  upon  some  of  the  planters'  estates,  in  n'/iich  children,  conva- 
lescents, affed  persons,  and  married  females,  for  a  proper  time  before  and  after  puerperal  occasions,  have  been  em- 
ployed with  humanity  and  advantai^cin  manufacturing  cloths  and  stuffs,  for  apparel  and  furniture. 

Modern  improvements  in  the  stocking  loom,  and  in  the  shearing  of  woiSllen  clotlis.  have  been  introduced  into 
the  United  States,  and  there  can  be  no  doubt  that  the  current  of  acquisition  of  the  means  of  the  woollen  manufacture 
has  fully  equalled  the  great  and  nianiiest  increase  of  the  raw  material.  Indeed,  it  may  be  safely  afiiimed.  tliat  the 
manufacturer's  demand  has  continued  to  exceed  the  farmer's  ability  to  supply  the  various  descriptions  of  wool. 
The  sheep  were  formerly  a  mere  object()f  domestic  economy  and  convenience,  and  have  at  length  become  aj  great 
and  universal  object  of  agricultural  profit  and  wealth.  Besides  the  increase  in  the  number  of  sheep,  and  the  good- 
ness of  wool,  the  price  ot  the  three  established  qualities  has  sustained  an  addition  of  fifty  per  centum. 

IRON. 

In  the  iron  branch,  the  consumption  of  that  most  useful  natural  production  takes  place  in  a  manner  yielding  an 
accumulation  of  benefits  to  the  landed  interest.  This  is  displayed  in  various  labiu-saving  nail  milks,  the  improve- 
ments in  the  easy  operation  of  casting  iron  and  steel,  the  very  rapid  progress  in  the  wire  manufactory,  the  sudden 
creation  of  private  armories  and  military  foundries,  the  multiplication  of  the  rolling  and  slitting  mill,  the  boring 
mill,  the  grinding  mill,  the  polishing  and  metal  turning  machinery,  the  tilt  or  trip  hammer,  tlie  vvool  canl  making 
machinery,  the  nailed  shoe,  the  manufactories  of  surgical  instruments,  of  cannon  ball  snd  shells,  the  machinery 
for  making  screws,  the  saw,  file,  and  etige  tool  manufactories,  the  multiplication  of  steel  and  common  furnaces, 
bloomeries,  and  forges,  the  innumerable  black  and  wiiite  smiths' shops,  for  every  iron  implement  and  necessary  of 
farming,  planting,  inanufacture,  and  navigation.  The  benefits  to  the  landed  interest,  from  the  consumption  of  so 
great  a  quantity  of  iron,  fuel,  food,  forage,  and  building  materials,  and  the  employment  o\'  so  many  cattle  and  mill 
seats  as  the  iron  manufacturers  require,  are  great  and  evident;  but  the  aid  to  agriculture,  fiom  the  abundant,  cheap, 
sure,  and  adjacent  supply  of  iron  work,  feu-  every  purpose  of  the  garden,  the  field,  and  the  family,  is  incalculable 
and  indispensable.  Not  a  building  for  man.  for  c~attle,  nor  for  the  safe  keeping  of  produce  or  merchandise — not  a 
plough,  a  mill,  a  loom,  a  wheel,  a  spindle,  a  carding  machine,  a  fire  arm,  a  svvcud,  a  wagon,  or  a  ship,  can  be  pro- 
vided, without  the  manufactures  of  the  iron  branch. 

LEATHER. 

The  manufactures  of  hides  and  skins  are  of  great  importance  to  agriculture.  The  coats  of  animals,  nearly 
excluded,  by  the  introduction  and  improvements  of  the  cloth  manufacture,  from  their  original  uses  in  making  gar- 
ments. Vtould  become  a  mere  oflal,  but  for  their  present  employment  in  leathern  goods.  Bark,  abounding  e\-ery 
where  in  America,  is  redundant  in  new  settlements,  where  the  tanning  business  facilitates  the  destruction  of  the 
forests,  which  obstruct  agriculture.  This  inanufacture  has  an  additional  value  in  producing  a  market  for  lime.  A 
method  of  splitting  skins  has  been  invented,  and  an  improvement  in  making  shoes,  which  saves  four-fifths  of  the 
workmanship,  has  been  discovered.  The  uses  of  leather  are  ot  the  utmost  importance  to  healtii,  the  facilitation 
of  industry,  the  diftusion  of  knowledge,  and  the  military  operations  of  the  United  States,  by  land  and  sea.  The 
shoes,  boots,  and  slippers,  manufactured  in  ISrj,  undoubtedly  exceeded  the  value  of  all  the  manufactures  imported 
in  the  first  year  of  the  present  Government,  which,  by  the  actual  return  of  November  Soih.  1791,  were  worth  here 
only  15,205,638  iloUars.  The  shoemakers' wares  of  the  entire  State  of  Massachusetts,  through  the  production  ot 
handicraft,  are  equal,  in  their  total  value,  to  its  proportion,  according  to  its  population,  of  one  moiety  of  the  exports 
of  goods  of  our  growth,  produce,  and  manufacture,  in  the  most  favorable  year.  Were  shoes,  boots,  and  slippers, 
manufactured  in  the  same  proportion  to  numbers  in  all  the  States,  they  would  be  equal  in  value  to  twenty-four 
millions  and  sixty-seven  thousand  dollars.  The  cordwainers'  purchases  are  the  greatest  support  of  the  leather  branch. 
Upon  an  examination  of  the  number  of  shoes,  boots,  and  slippers,  saddles  and  bridles,  harness,  carriages,  (many  of 
which  have  leathern  boots,  tops,  curtains,  and  aprons,)  drums,  gloves,  leathern  breeches,  rigging,  and  other  hides  for 
>hips  and  vessels,  bouiul  books,  manufacturing  cards  and  carding  machines,  military  equipments,  and  other  leathern 
croods.  there  will  appear  no  reason  to  doubt,  that  a  value  of  leathern  manufactures  is  annually  made  in  the  United 
States,  fully  equal  to  that  of  half  our  exparts  of  ourown  productions  and  manufactures.  These  are  real  necessaries  or 
plain  conveniences.  'i"he  Americans  consuming  more  animal  food  than  any  other  People,  in  proportion  to  our  numbers, 
being  near  to  the  greatest  foreign  sources  of  unmanufactured  hides,  and  being  invited  to  sheep,  swine,  and  cattle 
farming,  by  our  own  redundant  soil,  with  cheaper  water  and  land,  proper  oils,  lime,  and  bark,  for  the  leather  making 
business,  than  any  other  country,  our  leathern  branch  must  continue  to  be  very  considerable,  and  rapidly  to  extend  and 
improve.  It  is  not  doubted  that  it  is  at  present  equal  in  value  to  the  same  branch  in  any  other  country,  in  proportion 
to  the  population,  if  the  same  qualities  of  goods  be  estimated  at  the  same  prices.  These  facts,  in  relation  to  the  leather 
branch,  are  of  peculiar  importance,  as  it  is  a  manufacture  by  hand  and  not  by  machinery.  They  prove  our  capacity 
even  in  the  handicraft  branches. 

•  Roiimey  marsh,  in  England,  maintains  above  four  sheep,  for  each  acre,  on  a  medium. — Luccock. 


672  FINANCE.  .  [1814. 


hi 


FLAX. 

The  manufactures  of  flax,  existing  in  every  part  of  the  United  States,  afford  conclusive  evidence  of  the  universal 
ability  to  produce  this  raw  material.  Agriculture  might,  tlierefore,  be  more  considerably  supported  by  it,  if  there 
were  occasion.  But  the  easier  production  and  manufacture  of  cotton  occasions  a  small  and  proper  degree  of  atten- 
tion to  flax  in  the  greater  part  of  the  southern  section  of  this  country.  As  flax  requires  but  a  small  quantity  of  land, 
especially  wheie  a  great  stock  of  farmer's  animals  produces  abinulance  of  manure,  its  cultivation  and  manufacture 
are  parlkularly  convenient  and  importimt  to  the  fully  settled  districts  which  do  not  yield  cotton.  Our  climate  is 
favorable  to  bleaching.  In  Connecticut,  though  much  advanced  in  cotton  spinning,  there  is  returned  a  diffused 
manufacture  of  various  linen  cloths,  (besides  sewing  thread,  linen  chain  for  mixed  goods,  tapes,  bobbins,  fringes, 
lace,  webbing,  &c.)  equal  to  the  yearly  rate  of  three  dollars  and  five  cents  and  one-halt  per  head,  which  is  at  the  rate 
of  •22,0S1,704  dollars  for  the  whole  population  of  the  United  States.  Yet  Connecticut  has  many  convenient  sea- 
ports. Her  retuin,  too.  is  considered  to  be  materially  short.  Vermont  makes  linen  at  a  nearly  equal  rate.  Two 
mndred  thousand  spinning  wheels  (of  which  about  two-fifth  parts  are  probably  employed  on  flax)  in  the  two  States, 
whose  returns  of  that  very  useful  and  general  little  machine,  are  the  most  complete,  give  an  additional  evidence  of 
the  present  condition  of  this  manufacture.  But  iVir  the  gro\yth  of  cotton,  the  ilax  manufacture  would  have  become 
very  great.  Many  families  in  the  United  States  derive  their  origin  from  nations  the  most  successful  in  the  linen 
manufacture  during  iiur  two  centuries.  Such  of  the  States  as  may  not  very  greatly  increase  their  sheep,  for  want  of 
land,  or  for  other  reasons,  will  be  particularly  accommodated  by  the  cultivation  and  manufacture  of  flax.  Oil  mills, 
for  ciushing  and  pressing  flax  seed,  have  been  so  multiplied  within  a  tew  years,  as  to  prove  the  extension  of  the 
linen  branch,  and  materially  to  benefit  the  growers  of  flax,  especially  those  whose  distance  from  the  seaports  pre- 
vents recourse  to  foreign  markets  in  disposing  of  their  seed.  'l"he  actual  extension  and  improvements  in  all  the  arts 
and  tiades  which  employ  paints,  are  favorable  to  the  sale  of  flax  seed  oil.  The  economy  and  beauty  of  painting  all 
wooden  and  many  other  constructions,  especially  the  preservation  of  those  which  are  exposed  to  the  weather,  occa- 
sions tlie  manufactory  of  this  oil  greatly  to  increase  in  quantity  and  value.  The  use  of  the  oil  cake  yields  a  benefit 
to  the  country.  Modern,  and  particularly  recent  improvements  in  dressing,  spinning,  weaving,  and  bleaching  flax, 
have  greatly  i'acilitated  the  manufacture  of  this  raw  material.  The  United  States  are  perfectly  prepared  for  such  an 
extension  of  it  as  to  maintain  a  steady  demand  equal  to  our  power  conveniently  to  raise  flax;  wherefore,  agriculture 
will  certainly  continue  to  be  extensively  and  very  considerably  aided  by  it,  in  all  places  which  are  without  the  region 
of  the  cotton  cultivation.  We  have  regularly  imported  flax  from  the  distant  markets  of  Russia,  because  the  demand 
of  the  manufacturers  could  not  be  satisfied  by  all  the  exertions  of  our  farmers.  'J'iiis  was  the  case  before  labor-saving 
machinery  was  introduced,  which  adds  to  the  proof  of  our  capacity  for  even  handicraft  goods  or  proper  manufaclui-es. 

HEMP. 

The  ability  to  produce  hemp  is  enjoyed  by  every  State  in  the  American  Union.  Soil,  climate,  industry,  ma- 
chinery, situation,  and  the  possession  of  capital  in  the  shape  of  the  raw  material,  appear  to  have  carried  this  branch 
to  the  greatest  height  in  the  State  of  Kentucky,  even  since  the  extension  of  the  cotton  culture  in  that  quarter.  The 
marshal  reports  a  production,  in  1810,  of  5,755  tons,  in  the  prepared  state.  But,  as  there  are  made,  in  Kentucky, 
453,750  yards  of  hempen  bagging  cloth,  for  packing  cotton,  and  one  thousand  nine  hundred  and  ninety-one  and  one- 
half  tons  of  cordage,  and  much  yarn;  and,  inoreovei-,  as  the  various  hempen,  flaxen,  cotton,  and  woollen  cloths  and 
stuffs,  of  that  State,  in  18I0,are  reported  to  have  amounted  to  2,016,5-26  dollars,  it  is  manifest  that  the  landed  interest 
is  much  assisted  by  the  hempen  manufacture.*  Improvements  in  the  process  for  separating  the  fibres  of  hemp  from 
the  woody  part,  labor-saving  machinery  to  manufacture  it,  and  skill  in  the  cultivation,  resulting  from  the  introduc- 
tion of  experienced  manufiicturers,  have  enhanced  the  aggregate  value  of  hempen  goods,  and  increased  their  im- 
portance to  agriculture.  So  tnucli  greater  has  been  the  demand  for  hemp,  at  home,  than  the  practical  ability  hitherto 
to  !:Upply  it,  that  importation,  to  a  very  considerable  amount,  han  regularly  taken  place,  although  there  is  an  extra- 
ordinary duty  on  foreign  hemp,  and  although  the  cultivation  and  manufacture  of  cotton  have  suddenly  and  greatly 
interfered  with  the  manufacture  of  this  raiv  materiel.  The  manufacture  of  hemp  being  of  the  utmost  importance  to 
the  supplies  of  the  army  and  navy,  and  to  public  defence  on  the  water  and  on  land,  the  United  States  can  only  be  ren- 
dered perfectly  safe  and  independentby  early  and  effectual  encouragements  to  the  growth,  preparation,  and  manufac- 
ture, of  hemp.  It  is  of  no  less  importance  than  (hose  of  arms  and  gunpowder.  To  separate  all  the  fibrous  from  the  lig- 
neous parts  of  this  raw  material,  v.ithout  converting  too  much  of  the  strong  and  good  staple  into  worthless  tow,  by  ill 
management,  would  occasion  the  quantity  for  manufacture  to  be  much  larger,  and  the  profits  to  the  cultivator  to  be 
more  considerable,  and  would  render  the  operations  of  the  manufacturers  more  easy  and  successful.  Improvements 
in  all  the  machinery  for  hemp  are  worthy  of  peculiar  attention  and  exertion. 

WOOD. 

Tiie  numerous  and  diversified  manufactures  of  wood,  and  the  consumption  of  wood  in  the  business  and  families  of 
the  manufacturers,  occasion  vast  benefits  to  the  landed  interest,  in  all  situations,  maritime  and  interior. 

The  coopers  and  carpenters'  packages  for  exported  goods,  alone,  probably  exceed  two  millions  two  hundred  thou- 
sand in  number.  To  these  may  be  added  as  many,  or  more,  for  home  use.  The  ships  and  boats  of  the  United  States, 
at  their  greatest  amount,  on  a  medium  of  a  period  of  three  years,  have  been  computed  at  forty-five  millions  of  dol- 
lars. Staves,  heading,  and  boards,  may  be  deemed  simple  or  imperfect  manufactures  of  wood.  Carriages  for  plea- 
sure, business,  and  war,  cabinet  wares,  saddletrees,  turnery,  v.itli  ploughs,  harrows,  corn  fans,  hand  and  wheel- 
barrows, wooden  measures,  mill  work  and  machinery,  wooden  instruments,  implements,  and  utensils,  with  the 
wooden  handles  of  metallic  instruments,  potashes,  maple  sugar,  tar,  pitch,  and  turpentine,  fi-om  the  various  forest 
Trees,  ashes  for  the  soap  manufactory,  bark, and  wood  fuel,  including  charcoal,  are  examples  of  wooden  goods  drawn 
from  our  forests.  It  may  be  safely  alleged,  that  the  natural  and  cultivated  trees  of  the  United  States  are  rendeied, 
by  manufactures,  a  \ery  great  benefit  to  the  landed  interest.  It  is  considered  that  potashes  and  pearl  ashes  nearly 
compensate  the  settler  for  the  expense  of  clearing  the  portion  of  a  new  farm  assigned  for  cultivation,  in  all  situations 
convenient  to  boat  navigation.  The  bark  of  the  cork  tree  is  used  in  other  countries  as  a  material  to  manufacture,  and 
might  be  added,  by  ineans  of  plaiitatioiis,  to  the  North  American  productions.  It  is  an  evergreen  forest  tree  in  Spain 
and  Portugal,  and  is  found  in  the  southwestern  angle  of  France,  in  temperatures  corresponding  with  those  of  Georgia 
and  the  two  Carolinas,  and  the  Southwestern  States  and  territories.  We  have  obtained  the  cork-cutting  business, 
before  the  landed  interest  have  procured  the  exotic  tree,  or  supplied  the  material.  It  is  an  impressive  fact,  that 
manufactures,  in  America,  outrun  agriculture  in  most  instances. 

'i'he  oils  of  vegetables  and  animals,  which  are  generally  from  the  cultivated  lands  of  the  United  States,  form  a 
very  valuable  class  of  simple  manufactures,  greatly  beneficial  to  the  agricultural  interest.  These  are  flax  seed  oil, 
castor  oil,  soap,  candles,  lard,  rendered  tallow,  wax,  butter,  and  cheese.  We  might  add  the  olive  oil,  as  we  have 
the  proper  temperatures  in  the  country  south  of  the  Chesapeake  bay.  A  labor-saving  machine  has  been  introduced, 
by  American  ingenuity,  into  the  manufactories  of  common  dipt  candles.  Rape  seed  oil  might  be  made  in  all  the 
States.     Fish  oil  being  necessary  to  make  good  leather,  the  fisheries  of  the  lakes  and  Western  rivers  merit  con- 

•  It  appears  that,  if  the  United  States  were  to  manufacture  cloths  and  stuffs,  in  as  great  a  degree  as  is  reported  by  Ken- 
tucky, (which  has  no  sea  port)  in  proportion  to  the  whole  population  ofthat  State  and  of  the  Union,  our  manufactures  of  such 
goods  might  amount  to  more  than  eighty-fuur  millions  of  yards.  Th  return  is  doubtless  verj'  short.  Though  hemp,  freed  from 
the  woody  part,  and  only  prepared  for  spinning,  is  not  set  down  among  the  manufactures,  3'et  is  materially  advanced  from  the 
i-aw  state  by  that  preparation.  That  the  general  return  of  Kentucky  is  very  short,  will  appear  certain,  when  it  is  observed  that 
shoes,  and  other  manufactures  of  tanned  leather,  hats,  all  manufactures  of  iron,  (except  bars,  castings,  and  cut  nails)  of  copper, 
brass,  silver,  and  gold,  of  clocks  and  watches,  of  lead,  of  pewter,  of  tin,  of  casks,  of  meal,  of  carriages,  of  cabinet  ware,  of  books, 
i;   and  various  other  goods,  are  omitted. 


1814.] 


DIGEST   OF   MANUFA(  'lURES. 


673 


sideration,  as  to  a  possibility  of  improvement.  The  aggregate  of  the  areas  r)f  the  lakes  is  as  great  as  a  considerable  sea. 
The  caviar  and  isinglass  are  objects  of  attention  and  profit  in  Russia.  The  stnrgeon  from  which  f  hey  are  made,  is  jici- 
penser,  Ruth,  et  Slur.  Linme.  It  abounds  in  (he  fresh  waters  of  the  Don  and  the  Wolga.  and  is  suitable  for  our 
lakes. 

I)Vi:S   AND    FAINTS. 

Indigo,  dying  woods,  ancl  plants  and  pigments,  of  various  kinds,  u.sed  in  manufactures,  are  additional  instances  of 
the  benefits  of  that  biancli  of  the  national  mdustiy  (o  the  owners  and  cullivators  of  the  soil.  Manufacturing  all  we 
produce  of  lead,  we  have  been  obliged  to  import  a  large  balance  of  that  useful  metal,  for  our  workmen,  after  using 
all  our  own  lead,  which  is  convertible  into  various  pigments,  is  a  raw  muterial  of  several  useful  manufactures,  in  its 
separate  state,  or  mixed  with  other  metals.  Thv.  rapid  udvancc  of  lead  inaiwfaclures,  on  the  jmrchase  of  Louis- 
iana, proven  thai  Ihey  not  only  steadily  progress,  but  rapidly  extend,  on  every  neiv  i,vpply  of  the  raw  material. 
Manufactures  goad  the  whole  landed  interest  to  prolitable  production. 

TOBACCO. 

The  manufacture  of  tobacco,  snuS",  and  cigars,  has  become  a  verj'  considerable  benefit  to  the  planter.  Labor  saving 
machinery  does  niucli  in  this  branch.  Our  manufactory  has  mitigated  the  shock  given  by  the  recent  wars  and  fo- 
reign conunercial  impediments  to  the  tobacco  cultivation.  We  are  equal  to  the  supply  of  any  demand  for  the  export 
trade,  in  snuff  and  tobacco,  after  an  abundant  reserve  for  home  consumption. 

FRUIT. 

Manufactures  from  fruit  are  every  where  economical,  and.  in  many  places,  highly  profiuible  to  the  farmer,  and 
admit  of  a  vast  and  profitable  extension.  These  are  cider,  apple  and  peach  brandy,  the  wine  of  the  Corinth  fruit,* 
or  currant  loine,  and  vinegar  in  its  ordinary  state,  and  prepared  with  the  juices  of  various  fruits.  It  is  belie\ed  that 
the  extent  in  whicii  tiie  American  currant  wine  has  been  already  made,  lias  not  been  observed  or  considered,  nor 
are  its  pleasantness,  utility,  facility  of  manufacture,  nor  our  vast  capacity  lor  the  manutacture,  suthciently  known. 
or  duly  appreciated.  The  red.  black,  and  white  currants  grow  and  [jroduce  well  in  our  most  Northern  and 
Eastern  States,  and  in  colder  parts  of  Europe  The /jrojjfr  Corinthian  grape  was  found  in  the  climate  of  Southeru 
Greece,  and  its  island  of  Zante-  The  red,  black,  and  white  currants  are  indigenous  or  ilomesticated  here.  They 
all  yield  wine.  The  quantity  of  two  barrels,  or  sixty-three  gallons,  may  be  easily  made  in  every  farmer's  family, 
without  the  use  of  more  ground  than  he  ought  to  appropriate  tor  his  common  kitchen  garden,  and  with  as  little 
trouble  as  that  necessary  to  make  butter,  cheese,  cider,  or  beer.  Even  the  inhabitaiits  of  the  cities,  and  other 
towns,  who  have  gardens,  or  who  purchase  currants,  may  make  the  currant  or  Corinthian  wine.  Our  million  of 
white  families  (by  the  census  of  1810)  at  a  medium  of  sixty-three  gallons  each,  or  two  barrels,  are  capable  of  pre- 
paring sixty-three  millions  of  gallons — a  quantity  nearly  twelve  times  as  great  as  that  of  all  the  wine  received  from 
abroad,  or  twenty-three  times  the  quantity  consumed  in  tlie  United  States,  j  It  is,  doubtless,  capable  ol' distilla- 
tion into  brandy.  It  would  be  a  profitable  business  to  mctke  Corinthian  u'ine  upon  the  great  scale,  arul  it  is  far 
■more  worthy  of  attention,  in  the  country  north  of  the  Bay  of  Chesapeake,  than  the  cultivation  of  the  tvine  grapes 
of  Germany,  France,  Spain,  Portugal,  Italy,  and  their  islands.  No  beverage  is  more  pleasant;  none,  it  is  believed, 
more  wholesome;  and  it  would  aftbrd  an  universal  opportunity  to  mitigate  the  ardor  or  diminish  the  use  of  distilled 
spirits.  'Vhe  currant,  or  Corinthian  tvine,  ii  inddn  extensively  in  the  I'nited  States,  would  greatly  increase  the 
benefits  of  the  manufactures  of  fruit  liquors  to  the  cultivatorsand  land-holders,  which  are  already  ^ery  considera- 
ble, convenient,  and  profitable. 

As  in  relation  to  the  (piality  of  wool,  so  in  relation  to  the  manufactures  of  the  grape,  the  opinion  is  submitted, 
that  the  ^fiurunlia  Sinensis,  or  the  China  orange,  is  an  useful  indicator  of  climaterial  temperature.  Presuming  upon 
the  difference  of  nine  degrees,  which  the  steady  productions  of  that  delicate  fruit  appear  to  justiiy,  the  following  table 
of  corresponding  temperatures,  in  relation  to  the  finest  wines  of  considerable  productions  on  the  continent  ol  Europe, 
is  respectfully  offered,  since  wine,  or  fermented  spirits,  brandies,  and  crenior  tartar,  or  the  salt  of  wine,  are  manu- 
factures from  the  grape. 


Moselle,  Rhenish,  and  Hock  wines,  are  produced  in 

Champaign  wine,  in     -  - 

Burgundy  wine,  in       - 

Claret,  Sauterne,  and  Grave  wines,  in  - 

Oporto,  or  Port  wdie,  in  :  "  "  " 

liisbon  and  Carcavela  wines,  in  -  "      .        .  "      . 

Xeres  or  Sherry,  St.  Lucar,  and  Malaga,  or  mountain  wines,  in 


Degree  of  North 

latitude  in 

Europe. 


■19°  to  50° 
49°  to 
47°  to    48= 
44i°  U)iH° 
41°  20" 
385°  to  39^" 
37°  28" 


Equal,  in  North 
America,   to 


40°  to  41° 

40° 

38°  to  39° 

35i°to36.i 

32°  20" 

29  p  to  30^ 

28°  28" 


CIDER  AND  PERRV. 

The  manufactures  of  cider  and  perry  are  so  highly  perfected  in  Europe,  that  the  former  liquor,  of  the  most  excel- 
lent quality,  has  been  sold  for  prices  greater  than  the  first  costs  of  some  of  the  wines  of  the  European  and  African 
Islands,  and  of  those  continents.  Much  more  migiit  be  safely  asserted  of  the  British  cider.  The  American  cider 
advances  rapidly  in  quantity  and  quality.  So  far  as  either  the  fining,  fermentation,  or  ripening  of  the  liquor,  or 
the  quality  of  the  fruit,  may  be  affected  by  the  temperature  of  the  climate,  the  same  difference  of  nine  degrees  may 
be  considered  in  relation  to  the  cider  countries  of  Europe  and  America.  It  is  conceived  that,  in  safe  comparisons 
of  places,  the  situations  of  both  should  be  on  continenty.  The  climates  of  islands  of  the  same  magnitude  may  also 
be  compared  in  the  same  manner. 

GRAIN'. 

The  evidences  of  the  immense  advantages  which  the  hmdcd  interest  derives  from  manvfictures.wiW  be  conclud- 
ed by  the  adduction  of  some  facts  in  relation  to  those  from  grain.  A  single  State  returns  the  various  descriptions 
of  meal  and  flour  to  the  amount  of  almost  eleven  millions  of  dollars,  made  at  two  hundred  and  eight  niills,  besides 
more  than  4,365,000  dollars  in  value  in  fermented  malt  liquors  and  distilled  spirits,  chiefly  from  grain.  Cider  is 
not  included.  The  whole  value  of  the  distilled  spirits  from  molasses,  grain,  and  fruit,  made  in  the  United  States, 
appears  to  have  been  above  fifteen  millions  and  one  half  of  dollars,in  1810.  Much  the  greater  part  is  made  of  grain; 
to  these  are  to  be  added  wafers,  starch,  hair-powder,  and  all  the  varieties  of  tlie  baker's  goods.  Considering  flour 
and  meal,  bolted,  some  times  kiln  dried,  and  packed  in  casks  for  exportation,  and  biscuit  so  packed  and  prepared. 
as  manufactures  from  grain,  it  appears  tliat  our  exports  of  these  goods,  in  one  year,  have  amounted  to  1,557,000 
casks,  of  various  sizes.  In  tine,  such  is  the  vast  importance  of  this  branch,  that,  were  the  grain  mills,  bake  houses, 
starch,  hair  powder,  and  wafer  manufactories,  breweries,   and  distilleries,  of  the  United  States,  suspended  in  their 


•Ribes  on  Horticulture.    See  Miller's  Gardener's  Dictionary,  (folio  enlarged.) 

fThe  wines  left  for  consumption  in  the  United  States,   in  1807,  were    only  2,692,737  gallons,  by  the  returns   of  imports 
and  exports.     The  Madeiras,  Burg^indy,  Ch.<impaign,  and  fine  clarets,  were  only  one-tenth. 


674  FINANCE.  "  [1814. 


operatiiins,  the  body  of  the  farmers  and  tlie  planters  would  be  wounded  and  crippled  in  most  piaes,  and  paralysed 
in  many  of  the  States.  It  is  an  important  fact,  that  manufactories  of  grain  (such  as  the  brewery  and  distillery) 
ensure  this  country  against  a  distressful  famine,  because  we  could  consume,  in  a  scarce  year,  in  bread,  that  whicn 
was  raised  to  make  liquors. 

Such  are  the  principal  facts  whicli  occur  to  recollection  at  this  time,  evincing  the  benefit,  to  the  cultivator  and 
owners  of  the  soil,  from  the  manufactures  which  have  arisen,  unforced,  in  the  United  States.  Their  principal 
protection  by  duties  was  incidental.  Those  duties  were  imposed  to  raise  the  necessary  revenue,  and  greatly  favored 
the  niiinufacturers.  _  I  proceed  to  submit  some  of  those  facts  which  evidence  tiie  aid  afforded  by  our  manufacturing 
industry  t:)  navigation  and  commerce- 

NAVIGATION  AND  COMMERCE. 

The  construction  of  ships  and  vessels,  with  their  boats,  may  be  considered  as  having  produced  an  accumulation 
ol'liiat  description  of  manufactured  property,  in  the  year  1810,  amounting  to  a  million  of  tons,  and  worth  the  sum  of 
i'orty-five  millions  of  dollars,  properly  estimating  the  old,  the  new,  and  the  half  worn.  The  cloth  of  which  the  sails 
were  made,  and  an  inconsiderable  sum  in  bunting  or  worsted  stuff',  tor  colors,  with  a  smaller  sum  in  optical  and 
other  instruments,  are  all  the  foreign  articles,  in  this  great  value,  of  those  indispensable  requisites  to  commerce, 
navigation,  and  commercial  defence.  Although  the  cannon,  muskets,  pistols,  swoi'ds,  pikes,  shot,  ball,  shells,  and 
gunpowder,  of  the  public  and  private  ai-med  ships,  are  now  made  in  the  United  States,  to  an  amount  very  far  beyond 
:he  quantity  demanded  for  our  mercantile  and  military  vessels,  the  cost  of  these  articles  is  not  included  in  the  sum 
of  forty- five  millions,  above  mentioned. 

The  navy,  private  armed  ships,  and  letter-of  marque  ships,  are  also  constructed  or  manufactured  in  the  United 
States:  and  being  of  the  utmost  importance  to  the  defence  of  commeice,  their  manufacture  appears  to  be  a  proper 
object  of  statement  under  this  head. 

Tlie  v.orking  carriages  employed  in  the  various  operations  of  commerce,  with  many  of  the  scales  and  weights, 
measures,  and  other  utensils,  and  instruments  of  trade,  arc  made  in  our  work  shops. 

The  number  of  American  articles,  in  the  legular  lists  of  the  exports  of  the  United  States,  is  about  one  hundred 
and  ten,  of  which  about  seventy  are  manufactui'es  of  the  United  States,  subserving  commerce,  by  affording  new, 
various,  and  more  convenient  articles  of  exportation.  Among  these  are  included  flour,  bread,  boards,  and  scant- 
ling, with  other  articles,  not  always  considered  as  manufactures.  But,  if  we  did  not  make  boards,  scantling,  shin- 
gles, slaves,  heading,  flour,  meal,  and  biscuit,  the  foreign  sugar  colonies  would  not  take  off  much  of  t)ur  wheat  and 
timber.  The  mainilactures  ot  wood  and  grain  render  the  original  productions  or  materials  convenient  to  our  gene- 
ral trade,  and  absolutely  necessary  to  some  of  its  branches.  The  value  of  some  of  our  exported  manufactures,  as 
tliey  are  sometimes  strictly  considered,  may  not  exceed  three  millions  of  dollars,  but  these  constitute  an  interesting 
assistance  to  foreign  trade,  and  are  steadily  increasing,  if.  however,  we  add  1,557,000  casks  of  flour,  meal,  and 
biscuit,  at  an  average  price  of  eight  (l;)llars,  with  two  hundred  and  twenty  millions  of  feet  and  pieces  of  sawed,  split, 
and  dressed  boards,  plank,  scantling,  staves,  &c. ,  and  some  other  articles  of  a  like  nature,  the  manufacturing  opera- 
tion, though  imperfect,  becomes  very  influential  on  the  convenience  of  stowage,  the  benefits  of  freigiit,  the  accom- 
modation of  purchasers,  and,  consequently,  upon  the  activity  and  prosperity  of  commerce. 

The  manufacturers  assist  the  merchants  by  their  purchases  of  very  large  quantities  of  foreign  raw  materials,  im- 
p(u-ted  in  their  vessels.  These  are,  wool,  hemp,  flax,  and  cotton,  iron  anil  steel,  saltpetre,  sulphur,  hides,  skins, 
and  leather,  indigo,  fustic,  and  other  dye  woods  and  dye  stuff's,  lead,  copper,  and  brass,  in  pigs  and  sheets,  tin  in 
blocks  and  sheets,  spelter,  molasses,  raw  sugars,  cocoa,  mahogany  and  other  cabinet  woods,  wines  and  spirits,  for 
medical  manufactures,  rags,  and  many  other  articles,  with  coal  for  the  supply  of  their  laboratories,  i'uriiaces,  forges, 
and  work  shops.  The  manufacturers  also  purchase,  for  their  domestic  consumption,  great  quantities  of  imported 
goods,  benefitting  the  merchant. 

The  transportation  of  American  raw  materials,  fuel,  and  building  materials,  for  the  workmen,  occasions  a  very 
great  trade  and  business  in  boats,  shalUtps,  and  coasting  vessels,  highly  favorable  to  the  merchants  who  own  them; 
ami  the  transportation  of  American  manufactures,  in  like  manner,  to  the  markets  on  our  rivers,  b:!ys,  and  coasts,  is 
profitable  to  the  owners  of  vessels.  In  Great  Britain,  the  largest  portion  of  the  tonnage  in  any  branch,  is  that  in  the 
coasting  trade.     This  branch  of  manufacturing  commerce  rapidly  increases. 

The  most  distinguished  modern  commercial  countries  in  the  world  impiu't  great  quantities  of  raw  materials,  and 
export  large  quantities  of  manufactures.  These  operations  constitute,  in  fact,  the  greater  pari  of  their  commerce. 
In  those  countries,  many  of  fheii-  most  respectable  merchants  have  become  partners  in  their  manufactories.  The  ex- 
|)L!rt  trade  in  British  manufactures,  befoie  the  wars  w hid)  have  grown  out  of  the  French  revolution,  constituted 
much  the  largest  part  of  their  i  "jtvvard  trade,  and  it  seems  likely  to  b^'come  equally  considerable,  in  proportion  to 
their  exports,  on  the  return  of  a  general  peace.  This  export  trade  in  the  valuable  manufactures  of  the  British 
kingdom,  is  now  extensively  conducted  by  persons  who  combine  the  business  of  the  manufacturer  with  that  of  the 
foreign  merchant,  or,  in  other  words,  wlw  unite  those  two  great  brunches  of  commerce  in  their  respective  houses. 
A  similar  and  great  field  for  capital  and  mercantile  enterprise  nianilestly  lies  open  before  the  American  mer- 
chants; and  sonie  of  them  have  entered  upon  it  with  capital,  spirit,  and  success.  So  far  as  labor-saving  machineiy 
has  been  employed  in  the  operations,  the  pers(uis  who  have  undertaken  them  have  proved  the  benefits  of  manufac- 
tures to  the  mercantile  capitalist;  and,  in  other  considerable  instances,  the  same  advantageous  employment  of 
trading  capital  has  occurred. 

The  banks  established  in  the  United  States,  v^hich  are  the  most  wealthy  and  important  of  our  institutions  of  pro- 
perty, are  mercantile  corporations.  The  deposites  and  discounts  of  the  sugar  refiners,  millers,  bakers,  distillers, 
brewers,  cotton  spinners,  woollen  manutacturers,  hatters,  nail  makers,  iron  masters,  various  smiths,  coopers,  fan- 
ners, shiic  makers,  rope  makers,  &c.  &c.  are  highly  profitable  to  them,  and  are  uncommonly  safe.  Since  our  exports 
of  (tur  own  pro;luctions  are  known  to  be  worth  torty-eight  millions  of  dollars,  and  the  aggregate  value  of  our  manu- 
factures may  be  safely  estimated  at  three  and  one  half  or  four  times  that  sum,  it  is  plain  that  the  custom  of  the 
manufacturers  is  highly  important  to  our  banking  companies.  Many  of  the  manufacturers  are  proprietors  of  the 
stocks  of  the  banks  of  the  United  States,  and  thur,  lend  to  the  merchants. 

Insurances  on  manufactures,  raw  materials,  vessels  employed  in  transporting  them,  coastwise,  and  i'rom  and  to 
foreign  countries,  and  upon  the  inanuficturing  establishments  themselves,  afford  considerable  benefit  to  the  private 
underwriters  and  insurance  companies.  Many  persons  concerned  in  these  mercantile  institutions  are  engaged  in 
manufacturing  Imuses  and  associations. 

The  greater  prosperiUj  of  British  commerce,  with  great  cmd  various  manufactures,  and  the  lesser  prosperity  of 
Irish  commerce,  with  fewer  and  less  various  manufactures,  afford  the  most  conclusive  evidence  of  the  oenefil  of 
munvfaclures  to  foreign  trade.  This  is  the  iiuue  clear  and  strong,  because  the  soil  of  Ireland,  in  proportion  to  its 
extent,  is  better  than  that  of  Great  Britain.  Tlic  greater  prosperity  of  British  commerce,  in  time  of  peace,  loith  su- 
perior mnnvfactures,  and  the  lesser  prosperity  of  French  commerce,  in  the  same  season,  ivitli  inferior  manufactures, 
is  a  further  evidence  of  the  benefits  of  the  useful  arts  to  foreign  trcule.  The  prosperity  of  American  trade  with 
manufactures,  in  the  seven  years  which  preceded  llie  year  1810,  (the  date  of  the  following  tables)  was  superior  to 
that  of  the  seven  years  preceding  the  adoption  of  the  Federal  constitution,  with  less  manufactures,  and  to  the  seven 
years  which  preceded  tlie  Revolutionary  war,  almost  unthout  manufactures. 

The  richest  object  of  commercial  enterprise  for  the  merchants  of  the  United  States  is  the  trade  of  those  coun- 
tries which  do  not  manufacture.  Of  this,  the  trade  of  our  American  brethren  from  Texas  and  Mexico  to  the 
Straits  of  Magellan,  is  an  inestimable  instance.  \N'e  can  impor*  their  raw  materials  and  expoit  our  manufactures 
to  an  immense  amount,  \yith  substantial  benefit.  Their  rich  iiioducts  will  not  often  be  received  in  the  ports  of  Eu- 
rope, in  our  vessels,  foreign  to  them.  Their  copper,  crude  sugar,  peculiar  cottons  and  woods,  their  various  dying 
materials,  drugs,  and  medicines,  their  wool,  hides,  and  tallow,  and  their  gold  and  silver,  will  be  exchanged  for  cabi- 
net wares,  carriages,  paper,  lefined  sugar,  beer,  distilled  spirits,  candles,  hats,  boots,  shoes,  gold  and  silver  plate 
andjewelry,  pottery,  iron  manufactures,  mill  work,  copper  manufactures,  machinery,  types,  gunpowder,  arms, 
ships,  and  other  vessels,  boats,  and  various  other  manufactures  of  the  United  States.    They  do  not  want  our  pro- 


1814.]  DIGEST  OF  MANUFACTURES.  575 


visions,  tobacco,  cotton,  lumber,  indigo,  and  other  ailicles  of  unmanufactured  produce.  If  we  had  otily  such  raw 
productions,  commerce  between  the  I'nited  States  and  foreign  America  would  be  very  limited  and  unproiitabk-. 
As  our  inaiuitactu res  progress,  the  trade  with  that  near  and  (onnected  country,  and  wi(h  St.  l)(miiii,i;o,and  all  ihc 
countries  similarly  circumstanced,  cannot  fad  to  increase.  Kveii  the  mamifacturins  nations  will  be  induced  to  pur- 
chase our  goods,  ivhich  ran  fie  made  with  the  vast  adranlaiie  of  hibormtviu;^-  nutcliinery  operaliu^-  upon  raw  male- 
rials,  exempted  from  the  duties  and  other  ehara-es  if  importation.  If  we  have  re-shipped  to  otiier  countries  tens  of 
millions  ot  the  foreign  manufactures  of  Great  Britain.  Ireland,  Uussiu,  (iermany,  France,  antl  the  Kast  Indies,  we 
may  ship  to  the  same  places,  the  productions  of  our  own  national  industry,  if  (Jreat  Hritaiii.  the  Kast  Indies,  Ger- 
many, France,  and  Russia,  find  in  foreign  countries  purchasers  lor  their  manufactures,  we  may  be  able  to  do  the  same. 
Since  the  Government  is  impartial  and  friendly  to  our  merchants  and  manufacturers,  llio^ie  two  descriptions  of  our 
citi/.ens  may  liberally  and  profitably  aid  each  other,  as  those  do  who  live  as  fellow-citi/.ens  in  foreign  ( uuntries. 

The  establishment  of  many  new  manufactures  in  tiie  United  Stales,  from  loreign  materials,  ocxasions  new  de- 
mands for  those  foreign  materials,  to  he  so  employed.  The  merchants,  alone,  can  import  those  materials,  and  they 
must  be  imported  in  their  ships.     This  facilitates  remittances,  which,  in  many  trades,  are  diificult  and  nnpi-oiitable. 

The  greatest  drain  of  their  coin  and  bullion  which  the  United  States  sustain,  is  iti  the  remittances  lor  manufac- 
tures to  tweign  countries.  Uy  our  own  manufactures  we  diminished  this  drain  in  part,  and  they  already  furnish  us 
with  substitutes  fi)r  remittances  in  the  precious  metals,  in  a  further  part,  by  enabling  us  to  sent!  ai)road  wrou:;ht 
goods,  to  the  value  of  three  millions  of  dollars.  Every  thing  that  lacilitates  the  relentiun  of  our  coin  and  bullion, 
IS  considered  as  favorable  to  the  merchants  and  to  our  commercial  or  banking  institutions  and  operations.  A  ba- 
lance of  trade  in  favor  of  the  country  is  an  advantage  to  the  mercantile  body,  and,  by  our  nianulactures,  we  shall 
bring  mure  nations  in  debt  to  us,  than  we  formerly  did.  So  far  as  we  export  manufactures  we  now  contribute  to  that 
end. 

Manufactures,  to  a  considerable  amount,  such  as  malt  and  distilled  liquors,  loaf  sugar,  cheese,  candles,  and  soap, 
are  consumed  among  the  stores  of  seamen  and  passengers.  Manufacturers  who  come  to  the  United  States,  pay  to 
our  merchants  passage  mtniey  for  themselves  and  their  lamilies,  and  freight  money  fi)r  tlieir  i'urniture  and  other  per- 
sonal properly,  imported  in  our  vessels. 

The  commerce  among  the  seseral  States  in  the  American  Union,  in  the  raw  mateiials,  manufactures,  and  pro- 
visions uf  oia-  country,  is  a  branch  of  trade  more  certain  than  any  other.  It  does  not  depend  upmi  fiireign  laws. 
Remote  foreign  markets  are  less  accessible  in  war.  The  commerce  among  the  States,  always  interesting,  derives 
the  utmost  additional  importance  from  the  recent  deportment  of  too  many  of  the  naval  Powers.  It  is  an  evident 
and  important  fact,  that  this  mutual  and  increasing  exchange  of  raw  productions,  fuel,  and  provisions,  for  finished 
manufactures,  between  the  producing  and  manufacturing  Stales,  has  become  a  Jeeixive  eonsideration  for  the  eon 
iinuance  of  the  Federal  Union — a  connexion  vital  to  the  general  commerce  of  the  American  People.  7'he  manifest 
diffieulty  of  seeuring  Jnstiee  in  commereial  affairs,  even  by  the  udiole  of  the  United  States,  affords  conc/iisive  evi 
dence  that  any  two  possible  sections,  into  ivhieh  they  might  be  cut,  would  fail  to  maintain  the  standing  of  a  trading- 
nation. 

THE    FISHERIES. 

Tlie  benefits  to  the  fisheries  of  the  United  States,  resulting  iiom  manufactures,  are  considerable,  stable,  and 
increasing. 

Our  manufacturers  near  the  sea  coast  consume  very  large  quantities  of  dried  and  pickled  fish.  They  employ,  in 
their  manufactures,  the  head  matter  of  the  whale  to  make  the  superior  oil.  This  will  not  coagulate,  and  it  is  fit  for 
use  in  light  houses  and  lamps,  in  cold  and  wet  situations.  From  its  purity,  it  is  adapted  to  the  consumption  of  good 
and  well  furnished  houses.     The  residuum  of  the  same  material  is  used  fur  making  spermaceti  candles. 

The  umbrella  makers,  manufiicturers  of  whips,  fishing  tackle,  stay  makers,  &c.  employ  the  whale  fins  or  whale 
bone,  the  little  cuttings  and  chips  of  which  have  been  applied  10  making  i)atent  brushes,  composed  of  split  bone,  in 
lieu  of  strong  hair. 

The  coarser  oils  are  used  in  lamps,  in  many  of  the  work  shops,  and  in  the  dressing  of  leather;  and.  in  short,  as  the 
manufacturers  of  the  world,  at  home  and  abroad,  use  nearly  all  the  piscatory  articles,  in  some  une  furm  or  anotlier. 
so  those  of  the  United  States  have  long  used  some,  and  have  increased  in  tlie  use  of  otiiers;  and  since  foreign  laws 
burthen  those  articles  with  ruinous  duties,  it  is  certain  that  our  manufacturers"  purchases  may  be  hereafter  relied 
on  as  a  great  and  sure  support  to  the  fislieries  of  the  United  States. 

!n  all  those  particulars  in  which  manufactures  support  and  assist  navigation,  they  benefit  the  fisheries:  ior.  ships 
and  other  vessels,  and  buats  of  eveiy  size  and  descript'ion,  are  employed  in  the  fisheries,  armed  and  unaimed:  and 
as  manufactures  have  strong  and  beneficial  effects  upon  the  coasting  trade,  and  all  our  fishing  vessels,  except  the 
large  whalers,  are  adapted  to,  and  actually  partake  in,  that  great  and  sure  branch  of  the  domestic  trade,  it  is  a  very 
important  .'act,  that  the  manufactures  of  the  United  States,  in  that  respect,  greatly  benefit  the  numerous  owners  of 
fishing  vessels.  Too  small  for  most  Toyages  to  other  countries,  and  excluded  by  foreign  navigation  laws  from  many 
adjacent  ports,  the  transportation,  for  our  manufacturers,  of  raw  materials,  provisions," fuel,  building  materials,  and 
manufactured  goods,  become  to  them  a  very  necessary  support,  whenever  they  are  disappointed  in  taking  fi^h.  The 
fishing  season  is  but  a  portion  of  the  year.  Out  ot  that  r-easun,  the  coasting  trade  artbrds  convenient  einploymjiu 
to  the  fishing  vessels. 

The  manulacture  of  salt  is  a  very  consiilerable  aid  to  the  fisheries.  If  the  temperature  of  the  climates,  in  which 
lie  the  best  salt  pontls  of  Europe,  be  proved  (by  the  growth  of  the  sweet  orange  tree)  to  be  the  same  as  those  of  the 
Floridas  and  Louisiana,  and  if  it  be  recollected  that  the  best  French  European  salt  is  made  without  fuel,  and  by  the 
natural  evap(;ration  by  the  sun,  in  a  temperature  correspmiding  with  that  of  the  .Vccomack  coast  of  Virginia,  the  be- 
neficial effects  of  this  manulacture  may  be  deemed  permanent  and  increasing.  The  fairest  and  pure-<l  marine  salt  of 
France  is  made  on  the  Isle  of  Rhe,  in  north  latitude  IG  degrees  and  15  minutes.  It  is  made  by  the  sun  as  far  north 
as  Bourneuf,  Croisac  and  Guesrande,  in  ancient  Britanny.  and  the  latitude  of  47  degrees. 

All  the  peculiar  tackle  and  instruments  of  the  fisheries  are  well  manufactured  in  the  United  States,  and  tlu- 
fishermen  themselves,  at  leisure  times,  make  a  number  of  them,  by  which  many  of  the  benefits  of  domestic  or  house- 
hold manufactures  are  realized.  This  remark  also  applies  to  the  manuiacture  of  a  great  part  of  the  oil.  The  pack- 
ing of  a  cask  offish,  and  the  making  of  the  cask  and  of  the  pickle,  add  as  much  jier  centum  to  the  value  of  the  fish, 
as  the  corresponding  operations  add  to  the  value  of  several  raw  materials;  some  of  the  European  economical  writers, 
therefore,  class  salted  and  pickled  meats  and  fish  among  their  manufactures. 

From  a  review  ot  these  tacts,  not  only  the  peculiar  benefits  rendered  by  the  manufacturers  to  the  fisheries  are 
evinced,  but,  it  is  apparent  that  the  i)perations  of  the  fishermen  partake  strongly  of  the  manufactuiing  characti'r. 

DEFENCE. 

It  has  been  considered  as  proper  to  submit,  under  a  separate  and  distinct  head,  another  clasa  of  facts,  relating  to 
such  manutactures  as  are  useful  or  necessary  to  the  defence  of  the  United  States. 

It  has  occasionally  been  deemed  expedient  to  restrain  the  exportation  of  those  manufactures  whicli  are  requisite 
for  war.  From  this  consideration,  and  from  obvious  policy,  the  Federal  and  State  Governments  are  concei\  ed  to 
have  wisely  partaken  even  in  the  manufactories  of  such  warlike  goods,  and  to  have  encouraged  them,  by  high  duties 
and  by  advances  in  specie,  or  in  raw  materials.  Difficulties,  arising  from  a  want  of  capital,  are  thus  surmounted,  in 
cases  wherein  the  public  purchases  are  often  the  principal,  and  always  very  considerable. 

The  important  modern  operation  of  casting  of  cannon,  w  ithout  a  calibre,  and  boring  them  out  of  the  solid  iron, 
for  the  reception  oftheball,by  water  machinery,  was  first  performed  at  the  public  expense  in  the  United  States. 
Several  armories,  for  small  fire  arms  and  swords,  have  been  established  by  the  States  and  by  the  Union.  Contracts, 
with  advances  of  money,  not  only  for  making  arms  and  other  military  inanufiictures,  but  for  importations  of  the 
proper  raw  materials,  have  been  repeatedly  made,  and  to  a  large  amount,  upon  security.  Adversary  belligerents  have 
forbidden  or  prevented  the  exportation  of  warlike  manufactures  to  tlie  United  States,  during  our  late  neutrality. 


676  FINANCE.  [1814. 

Indian  wars,  occasions  of  apparent  danger  from  abroad,  and  the  commercial  demands  on  this  country  for  military 
supplies  for  various  foreign  places,  witiiin  the  last  twenty  years,  have  caused  very  considerable  attention  to  the 
repair  anil  manufacture  of  arms,  and  to  making  establishments  for  these  and  other  instruments  and  munitions  of  war 
in  the  United  States.  It  may  be  safely  affirmed,  that  there  is  no  irremovable  obstacle  to  the  manufacture  of  every 
species  of  arms,  and  almost  every  supply  of  war,  of  good  qualities,  and  in  sufficient  quantities.  A  well  devised 
system  of  inspection  exists  in  some  branches  of  manufacture.,  under  several  of  the  State  Governments,  and  such  a 
system,  as  to  military  supplies,  has  been  proved  to  be  indispensably  necessary,  by  the  experience  of  the  Union 
and  of  the  States,  on  many  occasions,  during  the  greater  part  of  the  fast  twenty  year.i.  But,  wiiatever  has  been  the 
amelioration  of  this  important  operation,  vyithin  two  or  three  years,  the  ordinary  commerce  and  exportation  of  arms, 
without  inspection,  is  yet  practicable,  while  the  trade  in  tlour,  wet  provisions,  lumber,  potashes,  and  other  goods,  in 
several  of  the  States,  has  been  wisely  placed  under  a  very  strict  and  salutary  regi-inen  of  inspection. 

Since  various  foreign  nations  have  obstructed  military  supplies,  which  we  have  endeavored  to  procure  from  their 
ports,  and  since  the  present  war  has  imparted  the  contraband  character  to  all  such  things,  the  importance  of  the 
maiiuCactures  of  that  description  to  the  defence  of  the  country,  particulaily  at  this  time,  is  very  great  and  manifest. 

The  possession  of  iron,  lead,  saltpetre,  charcoal,  wood  for  ships  and  vessels,  for  military  carpentry,  and  for 
every  description  of  the  wooden  implements  and  instruments  of  war,  and  the  constant  supplies  of  foreign  raw  ma- 
terials, for  warlike  manufactures,  enable  the  United  States  to  make  the  necessary  establishments.  Accordingly,  it 
appears  that  cannon  foundries,  and  all  other  military  works  and  shops,  are  as  practicable  as  they  are  indispensable 
to  the  peace,  union,  and  safety,  of  the  country.  7'he  difference  in  the  situations  of  the  United  States,  at  the  respec- 
tive commencements  of  hostilities,  in  the  year  1775,  and  in  the  year  1812,  is  greater,  j/i  respect  to  the  various  manu- 
factures necessary  lo  defence,  than  it  is  in  respect  to  any  other  matter  in  the  whole  circle  of  its  national  industry. 
In  the  times  of  tlie  provinces,  the  public  defence  was  under  the  care  and  control  of  an  external  and  distant  national 
Government,  which  preferred  to  draw  the  public  supplies  from  the  manufactures  of  tlie  metropolitan  State,  adjacent 
to  its  court  and  offices.  But  now,  the  all  important  principle  of  internal  resource,  well  undeistood,  and  the  present 
state  of  American  industry,  occasion  a  course  diametrically  opposite  to  be  maintained  by  the  Union,  the  States, 
many  associations,  and  numerous  individuals. 

LABOR-SAVING  MACHINERY  AND  COTTON. 

It  is  a  fact,  in  the  history  of  the  manufactures  of  the  United  States,  that,  in  some  very  important  instances,  the 
knowledge  or  acquisition  ot  the  means  of  manufacturing  has  occasicmed  excitements  and  exertions  of  the  cultivators 
To  produce  the  raw  materials.  In  this  complex  business,  success  in  one  portion  of  the  means  has  quickened  the 
exertions  to  procure  the  remainder.  In  the  year  1786,  I  became  well  acquainted  with  the  fact,  that  labor-saving 
spinning  machinery  was  in  considerable  use  in  Great  Britain.  It  was  understood  that  it  was  applicable,  at  that 
time,  only  to  the  carding  and  spinning  of  cotton,  which  we  constantly  imported  from  foreign  countries.  In  the 
course  of  the  following  autun\n  and  winter,  repeated  examinations  and  considerations  of  tins  subject  occasioned 
very  high  expectations,  Irom  a  few  well  authenticated  facts  in  relation  to  the  production  of  the  cotton  raw  materia! 
in  gardens  and  other  small  pieces  of  land,  as  far  north  as  thelatitude  of  thirty-eight  degrees  and  forty  five  minutes,* 
ana  in  some  other  places  on  the  river?  of  the  Chesapeake  bay.  It  was  inferred,  that,  as  the  shrub  or  tree  grew  in 
that  cential  degree,  in  our  country,  all  the  extensive  region  south  of  thirty-nine  was  capable  of  producing  cotton, 
which  is  found  not  only  in  climates  hotter  than  the  warmest  of  those  of  North  America,  but  in  the  torrid  zone.  It 
was  therefore  confidently  presumed,  that  the  cotton  spinning  mill  might  be  brought  into  very  beneficial  use  in  the 
United  States.  The  production  of  cottonjn  the  old  settlements  o!'  Virginia,  was  carefully  examined,  as  a  test  of  this 
opinion,  and  opportunities  offered  to  make  it  in  a  manner  commanding  entire  confidence.  After  the  more  exact 
information  of  the  existence  and  operations  of  the  labor-saving  cotton  machinery,  in  Europe,  had  led  to  due  reflection 
on  the  importance  of  the  vast  capacity  of  this  country  to  produce  the  proper  raw  material,  the  most  effectual  mea- 
sures were  actively  pursued  to  excite  the  attention  of  the  whole  community,  and  particularly  of/Ae  planters  of  the 
Jive  original  Southern  Stales.  But.  though  our  capacity  to  produce  cotton  was  so  great,  as  we  at  this  time  know  it 
to  have  always  been,  though  labor-saving  machinery  was  effecting  wonders  in  Great  Britain,  and  though  common 
cotton  was  then  worth,  in  the  United  States,  forty-four  cents  per  pound,  owing  to  foreign  trade  laws,  and  though  it 
was  at  a  high  price  in  many  parts  of  Europe,  several  years  elapsed  bel()re  sufficient  attention  to  the  culture  could  be 
excited,  even  by  the  nunierous  publications  which  were  incessantly  made. 

At  length,  however,  the  proper  consideration  of  this  great  natural  capacity  of  the  Southern  Stales,  arul  of  the  pe- 
culiar value  of  labor  saving  machinery  to  a  nation  of  moderate  numbers,  dwelling  in  a  country  of  redundant  soil, 
with  the  all  importiint  discovery  of  the  saw  gin,  has  occasioned  our  cultivators  to  produce  the  requisite  cotton. 
These  two  machines  for  cleaning  cotton,  in  America,  and  for  spinning  it,  abroad  and  at  home,  with  the  ordinary 
modes  of  household  manufacture,  have  drawn  tlie  planters  into  an  enriching  revolution  in  the  southern  agriculture. 

The  principle  of  labor-saving  means  of  manulacture  being  thus  brougiit  into  consideration  and  practice,  in  the 
case  of  machinery!  and  labor-saving  processes,  such  as  the  brewery,  distillery,  and  tannery,  being  drawn  into  simi- 
lar notice,  anew  and  very  beneficial  career  in  the  national  industry  has  been  commenced  by  the  United  Slates. 
Carded  and  combed  wool,  flax,  and  hemp,  have  been  subsequently  subjected  to  manufacturing  machinery,  adapted 
to  their  respective  forms  and  natures.  We  have  been  taught  that  thirty  thousand  pieces  of  metal  have  been  coined 
and  counted  in  England,  in  a  single  hour,  by  a  steam  engine,  adapted  to  meclianism,  capable  of  application  to  the 
button  manufactory,  and  to  other  branches  susceptible  of  such  operations.  Several  nail  making  machines,  of  curious 
facility  and  great  utility,  have  been  invented  in  the  United  States.  Certain  skins,  formerly  lialf  expended  in  ofliil 
pairings,  or  remaining  of  an  useless  thickness,  have  been  split,  by  an  .American  invention,  into  two  equal  and  useful 
parts.  The  simple  but  tedious  operations  of  the  dip  manutiicture  of  tallow  candles,  have  been  abridged  or  accele- 
rated by  a  labor-saving  wheel.  The  mechanism  for  steam  has  undergone  a  variety  ot  new  and  curious  modifications 
in  this  country,  greatly  extending  the  uses  of  that  vast  and  omnipresent  power,  im  modes  directly  or  indirectly  sub- 
servient to  manufactures.  An  improvement  in  the  construction  of  draught  casks  has  been  invented,  to  obviate  the 
great  expense  of  bottling  malt  and  other  fermented  liquors.  A  simple,  cheap,  and  rapid  chemical  process  has 
been  discovered,  to  extract  the  ill  flavored  empyreumatic  oil  from  distilled  spirits.  Since  the  confirmation  of  the 
settlements  in  this  country,  hydraulics,  geometry,  chemistry,  and  all  the  arts  and  sciences,  have  been  rendered  very 
extensively  subservient  to  munufiictures  and  the  useful  arts.  Deeply  impressed  with  the  pecidiar  value  to  them  of 
these  modern  cads  and  means.  iUe/Penr}\e  i)i'  the  United  States  seek  the  establishment  of  manufactures  by  every 
variety  of  ingenious  mechanism,  process,  and  device,  which,  while  they  save  time  and  labor,  manifestly  exempt  them 
Irom  the  deleterious  modes  of  the  old  manulacturing  system.  If,  in  other  countries,  and  in  former  times,  various 
classes  of  morbid  and  decrepit  persons  were  i)roduced  by  the  ancient  method  of  making  goods  only  by  human  hands, 
and  the  citizens  of  America  shall  continue  to  pursue,  to  the  utmost  of  their  power,  the  use  of  ivater,  steam,  horses, 
cattle,  machinery,  dexterity,  and  v^irious  modern  processes  and  devices,  to  effect  the  same  beneficial  ends,  they  wi  1 1  pre- 
vent the  creation  and  existence  of  those  sickly  and  deformed  classes  of  people  in  this  country,  ^^'omen,  relieved  in  a 
considerable  degree  from  their  former  employments  as  carders,  spinners,  and  fullers,  by  hand,  occasionally  turn 
to  the  occupations  of  the  weaver,  with  improved  machinery  and  instruinents,  which  abridge  and  soften  the  labor, 
while  the  male  weavers  employ  themselves  in  superintendence,  instruction,  superior  or  other  operations,  and  pro- 
mote their  health  by  occasional  attentions  to  gardening,  agriculture,  ami  the  clearing  and  improvement  of  their  iarms. 
The  lapse  of  a  few  years  will  release  from  the  restraint  ot  the  patent,  the  iron  bound  shoe,  (the  rights  to  make  which 
are  much  diffused)  when  the  sedentary  labors  of  the  journeymen  will  be  greatly  relieved.  The  dangerous  services 
of  the  sedentary  writer's  desk  have  been  lessened,  by  the  printing,  copper  plate,  and  copying  presses,  and  several 
pentagraphic  and  other  graphic  inventions.  Many  of  the  uses  of  the  labors  of  the  statuary  and  the  painter  have 
been  attained   by  the   multiplied  portraits  and   scenic  representations  of  the  various  classes  of  engravers.     The 

•  A  ricinity  in  lUe  county  of  Talbot,  in  Maryland. 


1814.]  DIGEST    OF    MANUFACTURES.  ^77 


auxiliary  pnrt  of  tlie  making  (if  men's  apparel,  is  extensively  performed  by  the  aid  of  females,  formed  l)y  nature  and 
h'dbxt  for  sedentary  occupations.  Some. branches  oi'  manufacture  uidaNorahle  to  health,  are  unsuitable  to  us,  and  will 
be  long  unknown  incur  country,  and  othtM-  branches,  formerly  of  the  same  ill  teiidency,  htve  been  exempted  from 
their  pernicious  effects  by  the  employment  of  mills  and  the  improvements  in  the  operations,  and  in  the  construction 
of  laboratories.  It  is  a  manifest  trutls,  that,  besides  the  proper  persomi!  powers,  indnslry.  and  skill,  of  the  i'eople  of 
the  United  States,  we  have  attained  by  water,  steam,  callle,  hibor-saving  maciiinery,  and  chemistry,  the  means  to 
ettiict,  with  an  exactness  and  promptitude  beyond  the  reach  of  manual  power  ,ind  skill,  a  ^-rcaf  varichj  ancl  numbrr 
of  manufacturing  operalions.  These  wonderful  inac/iuici,  working  as  if  they  wei(>  annnalcd  Ijcijiict,  endo\\  ed  with 
all  the  taleniti  of  their  inventory,  laburin;;  n-i;h  nri;-ans  lluit  never  /ire,  and  sul).ject  to  no  expense  of  food,  orbed,  (;r 
lannent, or d v.elling,  nun/  bejitstl;/  considered  as  equivalent  to  an  immense  body  of  umnufacturing  recruits,  enlinted 
in  the  service  of  the  country.* 

\\\  order  to  display  the  present  form  and  nature,  aiul,  in  some  degree,  llie  extent  of  the  arts  and  manufactures  of 
the  United  States,  the  substance  of  tiie  returns  of  the  marshals  and  their  assistants  will  be  presented  in  the  form  of 
tables,  in  the  third  and  fourth  ])arts  of  this  statement.  In  submitting  this  body  ol'  new  eviilence,  it  is  necessary  to 
state,  that  the  information  it  contains  is  of  various  dates,  in  the  last  live  months  of  (he  year  1810,  ami  that  it  relates 
to  the  whole  national  population  of  that  time,  being  ~,-i.S9,'J03  persons,  oi"  both  sexes,  and  of  all  colors.  ;iges,  and 
conditions.  Though  many  of  the  olficers  and  assistants  have  performed  this  new  and  diflicult  service  with  great 
zeal  and  intelligence,  yet  various  causes  have  concurred  to  occasion  wimeroua  and  very  considcrab/e  irnperfertions 
and  omissions  in  returns  Ironi  cities,  towns,  and  villages,  townships,  hundreds,  and  counties,  and  as  to  >aluable 
branches  and  articles,  from  States,  to  be  observable,  In  these  first  sets  of  tables,  it  has  not  been  thought  best  to 
supply  these  by  estimates,  which  might  be  erroneous  and  saiiguine.  It  was  observed  that  there  wei-e  some  instances 
of  goods  of  a  doubtful  nature,  or  which  could  not  be  considered  as  manufactuied,  in  so  material  a  degree  as  to 
entitle  them  to  be  placed  in  the  class  of  "'•  mamifucture.s.^'  'I'iiese  have  been  separately  exhiijited,  but  are  considered 
as  sufficiently  relative  to  the  subject  of  the  statement  to  render  these  imperfect  returns  of  them  useful  both  to  the 
various  departments  of  Government,  and  to  those  who  are  engaged  or  propose  to  enter  into  the  manufacturing 
business. 


Part  II. 

..^  collection  of  additional  facts,  tending-  to  shew  the  practical  foundations,  actual  progress,  condition,  and  es'ablish- 
ment  of  the  .American  Arts  and  Manifaclures,  and  their  connexion  with  the  wealth  and  strength  cf  the  United 
States. 

h\  the  tables  which  form  the  third  and  fourtli  parts  of  this  statement  is  containe;!  tlie  result  of  this  fiist  attempt 
of  an  extensive  and  pi(pulous_  country,  or  pvrhaps  of  any  countiy,  to  ascertain,  in  detail,  the  facts  wliich  constitute 
and  display  the  actual  condition  of  its  manufactures.  The  duty  was  additional  and  secondary  to  the  periodical 
enumeration  of  the  People,  and  required  a  longer  period  of  time  thaii  \^■as  ailoviabie  for  such  an  enumeration, 
enjoined  as  a  basis  for  the  distribution  of  constitutional  power.  The  period  of  the  two  measures  was  not  suthcient 
for  correspondence  between  t'le  superior  and  subordinate  officers,  which  would  have  produced  more  perfect  details 
and  greater  uniformity  and  perspicuity.  It  may,  however,  be  aiiirmcd,  that  the  tables  contain  a  great  number  and 
variety  of  clear  indications  of  the  state  of  the  mainifacfnring  branch  of  the  national  industry,  and  a  mass  of  positive 
evidence  upon  the  subject,  in  rclatioii  to  the  Eastern,  Northern,  Miildle,  Soatiiern,  Atlantic,  and  Western  sections 
iir  gi-and  divisions  of  the  country,  with,  respect  to  the  forms  or  modes  of  the  manulactures  v/iiich  have  grown  up, 
the  raw  materials  upon  which  they  opei'ate,  a  very  considerable  portion  (/I'the  value  to  wliich  they  have  ar;sen,  very 
useful  data  for  the  comparative  value  ui'  internal  commerce  or  manvfaclures,  and  externcd  commerce  or  navigation 
and  foreign  trade,  and  much  elucidation  of  the  operations  of  manufacturing  industry  upon  tiie  commercial  and  the 
landed  interest,  and  upon  the  public  safety. 

From  the  ofiicial  papers  on  which  tiie  tables  are  founded,  and  from  raany  other  sources,  some  additional  infor- 
niatio!!,  not  reducible  into  regular  columns,  has  been  collected,  which  it  is  now  proposed  to  submit  in  the  form  of 
statements,  concerning  several  branches  and  ilenominations  of  manulactures  and  the  connected  ma.chinery.  To 
show  the  importation  of  manufactures  in  the  first  year  of  the  present  conslilulion,  the  substance  of  the  return  of  that 
year  of  ordinary  trade,  v/ill  be  added.  The  national  population  was  then  nearly  four  millions  of  persons,  and  the 
value  of  foreign  manufactures  was  about  fifteen  millions  of  dollars.  Some  of  tiie  non-enumei-ated  or  unspecified 
,  goods  were  certainly  not  manufnctui'es.  but  their  viilue  is  not  considei'uble,  and  may  be  fully  allowed  i'or  by  the 
deduction  of  $-295,(388  98,  which  has  been  made  from  the  amount  of  die  return.  [)istilled  spirits  were  not 
included  among  these  imported  nuuiufacture?.  ItiOur  population  be  taken  at  seven  millions  and  a  (juarter.  in  1810, 
oar  d.emand  for  foreign  manufactures  mig'it  be  cotemporarily  estimated  at  $-27,187,50  1.  But,  on  the  one  hand,  im- 
portation has  been  increased  in  consequence  of  a  freer  consumption,  and  the  business  produced  by  inci-eased  wealth 
and  otlier  circumstances.  On  the  other  hand,  the  consumption  of  foreign  manufactures  has  been  liinunished  bj-  the 
great  increase  of  those  of  the  United  Slates.  The  exportations  of  manufactures,  in  the  year  1807,  are  afterwards 
given,  so  far  as  they  appear  on  the  face  of  the  genere.l  custom  house  returiis;  but  it  is  considered  as  a  ceriain  fact, 
that  a  greater  value  is  exported  thaii  appears  from  that  document. 

A  very  great  number  and  variety  of  literary  productions,  foreign  and  American._  diffuse  the  knowledge  of  labor- 
saving  machinery,  processes,  and  devices,  and  quicken  the  progress  of  manufacturing  inilustry  and  skdl.  Those 
ivhich  favor  family  or  household  manufactures  are  pecidiarly  interesting.  Et  is  respectfully  suggested,  tliat  it  would 
repay  the  expense  and  pains,  if  measures  were  taken,  under  known  [lublic  authority,  to  ascertain  and  exhibit,  by 
piaui  descriptions  or  specifications  and  engiavings,  the  best  set  of  implements,  instruments,  utensils,  and  machinery, 
existing  in  the  United  States,  to  render  houseliold  manulactures  more  ami  more  easy,  expeditious,  convenient, 
economical,  and  profitable.  The  fiy  shuttle  is  considered  as  a  very  valuable  invention,  but,  though  it  has  been 
known  in  this  country  many  years,  moie  than  ninety-nine  hundredths  of  our  shuttles  are  not  of  that  description. 
Tlie  same  observation  occurs  as  to  spintiing  mills,  mules,  jennies.  &c.  The  stocking  loom,  though  so  much  more 
rapid  in  its  work  than  the  knitting  needle,  has  nctt  been  yet.  by  any  meims,  sufliciently  extended,  it  is  more  conve- 
nient, in  a  private  family,  than  the  smallest  cloth  loom,  ot-  the  great  spinning  wheel. 

it  is  necessary  to  observe  that  several  facts,  in  the  first  part  of  this  statetnent,  will  be  found  in  this  second  part. 
They  were  given  in  the  former,  on  the  ground  of  the  general  economy  and  policy  of  munufucturcs,  merely  to  show 
their  iniiuence  in  favor  of  agriculture,  commerce,  the  fisheries,  and  defence.  In  the  following  statements  they  are 
adduced  in  a  strict  practical  view,  to  manifest  the  state  of  the  respective  branches  of  manufacture;;  and  of  the 
specific  means  of  their  execution. 

COTTON. 

This  raw  material  being  the  only  redundant  <me  produced  in  the  United  States,  adapted  to  the  manufacture  of 
cloths  for  apparel  and  furniture,  and  being  the  most  susceptible  of  labor-saving  operations,  the  cotton  branch  will, 
probably,  become,  very  soon,  the  most  considerable  of  our  manufactures.  It  is  adapted  to  all  seasons,  in  its  various 
forms,  and  to  a  greater  variety  of  uses  than  any  other  cloth  or  stutt'.  While  sheep's  wool  continues  to  be  much 
more  wanted,  cotton  wool  will  be  proportionably  used  as  a  substitute  for  it  in  blankets,  corduroys,  velvets, 
and  the  chain  or  warp  of  goods,  with  woollen  woof  or  filling.     Cotton  goods  can  be  printed — an  opet-arion  seldom 

'  The  diminution  of  ma«ua/ labor  in  Great  Britain,  by  means  of  machiiieri/,  in  the  cotinn  business,  was  estimated,  in  the  vear 
180S   at  200  to  1 .     An  able  writer  and  artist,  (Mr.  John  Duncan,  of  Glasg'ow)  considers  it  to  be  much  more. 

86  tt 


678  FINANCE.  [1814. 


performed  on  woollens  or  silks — never  on  hempen  goods.  They  are  substitutes  for  worsteds  or  stuifs  of  combed 
wool,  and  for  silks,  which  are  made  of  raw  materials,  not  yet  considerable  in  the  United  States.  The  cotton  raising 
States  are  the  most  numerous  employers  of  family  looms.  Improvements  in  the  household  carding  machinery,  spin- 
ning machinery,  loom  and  shuttle,  and  in  family  bleaching  and  dying,  are  producing  new  and  great  facilities, 
savings,  and  profits,  in  the  manufacture  of  cotton  goods  by  the  farmers  and  planters.  The  cotton  cloths,  for  various 
uses,  manufactured  in  the  United  States,  exceeded  in  measurement,  in  the  year  1810,  all  the  other  cloths,  that  is, 
all  the  cloths  of  flax,  hemp,  wool,  and  silk;  and  the  progress  of  the  cotton  branch  is  greater  than  any  other,  and, 
indeed,  greater  than  that  of  all  the  others.  Capitalists  can  most  easily  extend  themielves  in  the  cotton  mamifac- 
fure,  because  the  raw  material  is  abundant,  and  capable  of  being  conveniently  and  promptly  increased.  The  United 
States  have  some  palpable  and  great  advantages,  over  their  foreign  rivals,  in  the  cotton  branch-  Those  of  Europe 
tiepend  upon  foreign  agriculture  for  the  raw  material,  for  the  indigo  dye,  and,  in  a  considerable  degree,  for  their 
bread  stuff.  Those  in  the  East  Indies  will  not  be  allowed,  or  be  able,  to  use  labor  saving  machinery.  Improve- 
ments in  the  looms,  and  other  things,  are  opposed  by  force  in  Europe.  The  expenses,  costs,  and  charges  of 
transpoiting  cotton  from  the  farms  and  plantations,  even  near  the  coasts  of  the  United  States,  to  the  manufactories 
of  Manchester,  Glasgow,  and  llouen,  and  the  same  charges  upon  the  manufactured  goods  from  Manchester,  Glas- 
gow, and  Rouen,  to  the  houses  of  the  planters  and  farmers  in  America,  are  equal  to  fifty  per  cent,  upon  the  Euro- 
pean costs  of  the  finer,  and  seventy  per  cent,  upon  the  coarse,  heavy,  and  bulky  goods  of  those  great  manufacturing 
towns.  Every  person  capable  of  working  in  the  manufactories  of  woollen,  linen,  hempen,  and  silken  cloths,  can 
become,  in  less  than  a  week,  a  good  cotton  manufacturer.  The  cotton  branch,  in  the  United  States,  is  the  great 
resort  of  all  unemployed  cloth  manufacturers,  and  there  is  here  no  impediment  to  a  person's  changing  his  trade  or 
employment,  or  place  of  business.  Every  man  and  woman  in  America,  uncharged  with  crime,  is  free  of  every  city, 
town,  borough,  village,  hamlet,  township,  hundred,  and  county,  and  enjoys  the  freedom  of  every  occupation,  trade, 
and  calling.  The  chief  American  bark  and  otiier  dyes,  and  particularly  the  costless  dye,  called  the  iron  liquor, 
made  by  covering  useless  fragments  of  that  metal  with  vinegar  or  the  pyroligneous  acid,  are  convenient  coloring  for 
cotton  yarn  and  cloths.  A  great  dcsideraium  in  the  manufacture  of  cotton  is  a  method  of  giving  it  a  true  scarlet 
<iye,  which  no  art  has,  hitherto,  been  able  to  fix  in  go;)ds  made  of  this  raw  material.  It  has  been,  for  many  years, 
the  subject  of  an  offer  of  a  very  considerable  premium  in  Europe.  The  Americans  make  good  red  cotton  for  the 
weaver,  superior  to  Turkey  yarn. 

In  consequence  of  numerous  and  particular  inquiries  and  communications,  in  and  from  all  parts  of  the  United 
States,  it  satisfactorily  appears  that  the  skill,  tiie  means,  and  the  scale  of  the  year  1810,  in  the  cotton  manufacture, 
have  been  very  greatly  improved  and  extended,  and  that  the  capital,  machinery,  and  establishments,  have  been  very 
much  enlarged  and  multiplied.  The  cotton  blanket,  which  is  a  luxury  on  the  continent  of  B^urope,  is  a  matter  of 
great  economy  in  the  United  Stales.  It  is  an  excel  lent  covering.  The  double  twilled  cotton  cloth,  for  apparel  and 
turniture,  begins  to  rival  the  immense  invoices  of  foreign  ticklenbergs  and  other  stout  linens.  Similar  facts  occur  in 
a  variety  of  other  instances.  Heavy  cotton  goods  cannot  he  imported  ivithout  a  loss.  Fancy  goods  offer  the  greatest 
profits,  and,  in  many  instances,  are  easy  of  imitation.  In  household  manufactures,  as  soon  as  it  happens  that  the 
stock  of  flax  ami  wool  is  exhausted,  the  industry  of  very  great  numbers  of  families  of  the  Middle,  Northern,  and 
Eastern  States,  is  applied  to  our  redundant  cotton,  which  is  every  where  foi-  sale,  and  pays  no  import  duty  or  excise. 
Every  additional  working  hour,  in  a  day  thus  employed,  is  an  addition  of  one  twelfth  part  to  the  domestic  manu- 
factures of  the  country.  //  is  highly  beneficial  to  possess  an  unlimited  raiv  material,  which,  at  once,  invites  and 
impels  to  sober,  steady  industry,  and  facilitates  its  operations.  One  natural  effect  is,  to  render  every  industrious 
female  an  artizan,  whenever  her  household  duties  do  not  require  her  time.  The  geneial  practice  of  manufacturing 
cotton  in  families,  not  resident  in  the  cotton  raising  district,  prepares  those  families,  by  their  habits  of  industry  and 
their  skill,  fi>r  tiiat  extension  in  the  woollen  manufacture  which  the  rapid  multiplication  of  sheep  must  very  soon 
occasion.  .  , 

A  large  quantity  of  cotton  is  used  as  chain  or  warp,  with  v/oollen  woof  or  filling,  and  it  is  used  as  woof  or  filling 
i\n-  goods"  with  flaxen  or  hempen  chains  or  warps,  ft  has  nearly  superseded  the  use  of  flax  in  the  manufacture  of 
hosiery,  and  is,  sometimes,  mixed  with  wool  in  making  stockings.  Cotton  is  well  adapted  to  use,  in  stockings,  in 
our  Southern  winters.  It  is  believed  that  it  would  be  favorable  to  health  if  the  coloied  laborers  were  supplied 
with  a  cap  of  thick  undied  cotton  swanskin,  similar,  in  form,  to  the  highland  woollen  cap  of  North  Britain.  Fevers, 
and  morbid  strokes  of  the  sun,  wouki  be  prevented  by  the  protection  of  the  head. 

WOOL. 

The  maiuiiacture  which  is  next  in  rapid  improvement  and  extent  to  cotton,  is  that  of  wool.  It  is  very  considera- 
bly aided  by  tlie  new  carding  and  spinning  machinery,  by  the  introduction  of  tiie  merino,  Barbary,  and  long  wooUed 
sheep,  by  improvements  in  the  breeding  and  tending  of  the  general  flocks  of  the  country,  by  superior  care  of  the 
growing  fleece,  by  the  increase  of  the  value  of  the  carcass  or  mutton,  by  the  sorting  of  wool,  by  improvements  in  the 
stocking  and  cloth  looms,  by  the  acquisition  of  the  Jty  shuttle,  and  of  machinery  to  dress  and  finish  cloths,  by 
increased  skill  in  the  workmen,  and  by  improvements  ui  the  arts  and  business  of  fulling  and  dying,  to  acquire 
which,  great  exertion  and  expense  are  applied. 

The  present  growth  and  production  of  English  wool  is  supposed  to  be  most  accurately  estimated  by  Mr. 
Luccock,  of  Leeds,  in  his  late  publication.  It  is  believed  to  decline.  The  soil  is  insufficient  tor  the  population.  He 
estimates  it  at  ninety  seven  millions  of  pounds  per  annum.  If  the  whole  quantity  of  the  united  kingdom  be  taken 
at  one  hundred  and  twenty  millions,  and  if  two  third  parts  be  used  by  the  British  and  Irish  people,  it  will  give 
eighty  millions  of  pounds  for  sixteen  millions  of  people,  or  five  pounds  per  head,  whether  infant  or  adult.  This  is 
exclusive  of  foieign  wool  and  the  increased  cotton  substitutes.  In  the  same  proportion,  the  United  States,  if  they 
cont^iin,  at  this  time,  eight  millions  of  peisons,  would  require,  were  our  climates  as  cold,  forty  millions  of  pounds. 
If  it  be  considered  that  half  our  population  lies  to  the  southward  of  Pennsylvania,  and  that  their  cotton  is  a  very 
convenient  substitute  tor  wool,  it  would  appear  that  forty  millions  of  pounds  weight  of  sheep's  wool  is  a  good  sup- 
ply. It  is  believed,  from  the  facts  stated  and  considerations  suggested  on  the  subject  of  wool,  that  the  supply  of 
1812  does  not  fidl  short  of  twenty  to  twenty-two  millions  of  pounds.  Not  only  have  sheep  been  multiplied,  but 
their  fleeces  have  been  increased  in  weight,  and  much  better  preserved.  A  very  few  years  must  increase  our  wcml 
to  forty,  fifty,  or  sixty  millions  of  pounds,  when  the  exportation  of  woollens  must  take  place:  for,  it  is  not  doubted, 
that  our  housewives,  manufacturers,  and  machinery,  will  continue'to  make  up  all  the  wool  our  sheep  will  yield.  The 
stocks  of  fine  woolled  sheep  in  Spain  and  Portugal  are,  unhappily,  diminished,  neglected,  and  injured,  as  well  in 
the  fleeces  as  in  the  bodies  of  those  animals.  Our  principal  source  of  European  supply  of  fine  wool  is  then  reduced 
in  quantity  and  quality,  while  prices  are  advanced.  Our  own  stock  of  fine  wool  is,  therefore,  the  more  convenient 
and  beneficial,  and  the  manufactory  of  it  is  the  more  highly  encouraged  and  greatly  assisted.  The  most  strenuous 
and  judicious  efforts  to  increase  the  quantity  and  quality  of  our  wool  have  occurred  within  the  two  or  thiee  last 
years,  while  our  adventitious  gains  of  sheep  and  wool  have  been  fiir  greater  than  in  any  past  time.  Yet  the  manu- 
facturers (with  their  machinery)  have  so  increased  and  extended  as  to  advance  the  prices  of  wool,  and  even  to 
produce  continued  importations.  Considerations  of  revenue,  at  least,  have  occasioned  the  actual  encouragemerit  of 
mcreased  duties,  in  die  last  year.  The  simplicity  of  the  prevailing  colors  in  the  woollen  branch,  for  some  time, 
has  been  favorable  to  the  United  States,  and  continues  to  be  so  in  the  present  state  of  their  woollen  manufacture. 
Scarlet,  purple,  garnet,  crimson,  claret,  maroue,  and  pea  green,  are  more  difficult  to  dye,  fix,  and  finish,  than  drabs, 
bottle  greens,  grave  mixtures,  and  browns.  Several  extensions  of  the  woollen  manufacture,  produced  by  interrup- 
tions of  the  importations  from  Europe,  and  by  the  increase  of  wool,  are  particularly  convenient  to  this  country, 
because  they  do  not  require  the  aid  of  fulling  mills,  and  may,  therefore,  be  executed  in  families,  and  by  manufac- 
turers within  their  own  working  places.  Flannels,  common  woollen  stockings,  and  hats,  are  among  the  goods 
contemplated.  These  are  commodities  of  very  great  consumption,  and  as  necessary  as  any  other  woollen  goods  for 
the  general  population,  and  for  the  supply  of  the  army  and  navy. 


1814.1  DIGEST    OF    MANUFACTURES.  679 

The  spinning  wheel,  the  loom,  and  the  fulling  mill,  are  real  aids  to  manual  labor.  The  two  first  have  been  long 
invented.  The  last  is  a  far  more  recent  discovery.  It  has  been  little  improved  since  its  invention-  If  nice,  skill  in 
using  tlie  fulling  machinery  is  of  the  greatest  imimrtunce  to  the  succesti  of  llie  woollen  brunch,  it  is  very  desirable 
to  awakeri  the  most  particular  attention  of  the  maiiuiactuiers  to  this  operation  and  mill.  The  fulling  of  hosiery  is 
practised  in  Pennsylvania,  in  that  desciiption  which  is  called  the  (krnutntown  stockings.  It  particularly  adapts 
them  to  the  comfort  and  tjying  service  of  the  army.  The  fulling  of  hats  is  yet  a  maiuiai  labor.  Wool,  and  other 
animal  substances,  are  capable  of  being  fulled.  Vegetable  substances  are  not  deemed  capable  of  that  operation. 
The  improved  carding,  spinning,  and  shearing  machines,  the  house  cloth  loom,  and  stocking  cloth  loom,  are  all  capa- 
ble of  saving  labor.  Dyuig  saves  the  domestic  labor  and  expense  of  washing,  while  it  prevents  all  that  injury  to 
the  pleasantness  and  beauty  of  woollen  cloths,  which  frequent  washing  occasions. 

No  branch  of  manufactures  receives  so  great  an  accession  of  foreign  woiknien  as  the  woollen  braticli.  because 
the  raw  material  and  manufacture  are  universal  in  Europe. 

No  branch,  of  the  manufactures  of  the  United  States,  receives  so  great  a  propulsion,  from  our  immense  landed 
capital,  as  the  woollen  branch;  because  sheep  are  produced  in  every  section  of  our  country.  Cotton  has  a  natural 
or  climatcrial  district,  and  requires  a  very  limiteil  portion  of  it.  Wheat  has  a  practical  district.  1  lemp  and  tlax 
are  limited  in  their  cultivation  by  the  state  of  papulation  and  employment.  All  tiieic  require  the  steady  labor  of 
many  hands.  But  the  field  of  sheep  walks  is  as  extensive  as  our  territory,  and  sheep  farming  is  universal.  It 
must  become  very  extensive.  They  do,  themselves,  much  towards  the  care  they  require.  The  (juantity  of  land 
which  would  maintain  the  greatest  stock,  belonging  to  any  country  in  Europe,  is  but  a  minor  traction  of  our  soil. 
Wool,  then,  must  become  abundant,  and  household  manufactures,  machines,  and  artizans,  ensuie  the  conversion 
of  it,  as  fast  as  it  will  increase  into  materials  for  apparel  and  furniture,  and  into  other  merchandise,  for  domestic 
and  foreign  trade  and  consumption. 

Of  all  raw  materials,  none  is  capable  of  conversion  into  manufactures,  so  favorable  to  health,  as  wool.  It  is 
extensively  and  indispensably  necessary  to  the  enjoyment  ot  that  blessing.  A  great  number  of  per,..ons,  of  both  sexes, 
and  ot  all  ages  antl  conditions,  require  woollens  for  their  comfort  and  their  safety.  There  is  no  other  good  material 
for  carpets;  no  other  capable  material  for  common  hats  and  winter  stockings:  no  other  which  preserves,  in  the 
human  body,  that  constaiit,  and  equable,  and  insensible  perspiration,  the  want  of  which  brings  early  pain,  disease, 
and  death.  No  material  for  cloths,  for  furniture,  and  apparel,  is  so  safe  as  wool,  in  respect  to  fire.  No  abuiuhuit  one, 
for  these  purposes,  is  so  capable  of  economical  and  elegant  colorings  or  dyes.  AV\)ol  receives,  and  better  than  any 
other  material  retains,  every  tint,  every  shade  of  color.  The  goods  of  this  manufacture  are  of  very  great  variety 
and  compass;  beginning  with  three  shillings,  sterling,  per  groce  of  yards,  in  the  shape  of  woollen  bindings,  and 
rising  to  fifteen  dollars  per  yard,  in  the  form  of  superfine  broad  cloths,  of  the  best  Peruvian  or  Vicunia  wool. 

IRON. 

The  red  appearance,  produced  by  iron,  in  our  buint  clay,  in  every  State  and  county,  proves  that  character  or 
quality  of  our  soil.  The  ore  is  very  abundant  antl  widely  diffused.  The  extraction  of  the  metal,  in  the  best  condi- 
tion, the  conversion  of  it  into  steel,  and  the  manufacture  of  it  into  all  the  necessaries  and  conveniencies,  belonging 
to  this  extensive  and  useful  branch,  are  facilitated  by  the  omnipresence  of  wood,  and.  consequently,  of  charcoal, 
and  by  rich  and  numerous  veins  ol  fossil  coal,  appearing,  in  many  places,  on  the  surface  of  the  earth.  These  are 
present  magazines,  and  uncommonly  strong  symptoms  of  immense  latent  treasures  of  that  fuel.  The  vmmfartU' 
rers  of  iron  wares  loudly  call  on  the  owners  of  mines  of  that  metal  to  open  more  of  them,  and  to  work  the  ivhole 
upon  a  far  greater  scale.  Machinery,  to  work  up  pig  iron,  has  been  wonderfully  invented,  extended,  diversified, 
and  multiplied,  in  this  country,  since  the  impediments,  from  the  year  1750,  from  external  legislation,  ceased  to 
exist.  Every  year  enlarges  and  diversifies  the  iron  and  steel  manufactures.  They  are  much  too  numerous  for  a 
detailed  statement.  Castings  have  been  made  in  very  increased  quantities.  Those  for  the  use  of  manufacturing 
machinery,  alone,  have  been  computed  at  one  thousand  tons  per  annum.  Tiie  common  blacksmiths'  work,  though, 
of  necessity,  very  imperfectly  given  in  the  tables,  is  a  branch  of  manufacture  of  great  amount,  and  is  perfi)rmed  in 
every  section  of  the  United  States,  however  agricultural,  and  however  peopled.  Wie  improvement  of  the  system 
and  tools  of  these  workmen,  and,  particularly,  the  introduction  of  labor-saving  macliinery  into  their  shops,  would 
be  a  very  substantial  benefit  to  them  and  to  the  country.  The  blacksmiths'  shops  are,  in  effect,  primary  schools  of 
the  arts.  The  cut  nail  machinery  has  been  very  beneficially  introducetl  into  some  of  these  shops,  near  to  the  iron 
furnaces,  ensuring  the  profitable  employment  of  all  the  time  not  otherwise  occupied.  It  is  like  the  two  spinning 
wheels  and  the  loom  among  the  women,  in  private  families.  The  greatest  nail  making  State  produces  at  the  rate 
of  nine  pounds  of  nails  for  each  person  in  the  State;  which  is  at  the  rate  of  sixty-five  millions  of  pounds  for  the 
whole  white  population  of  the  United  States,  were  equal  attention  paid  to  this  gainful  economy  of  time  and  labor. 
There  are  many  blacksmiths  and  nail  makers  among  the  people  of  African  birth  and  descent. 

There  being,  in  effect,  no  limit  to  our  fund  of  charcoal,  the  extraction  of  pig  metal  from  iron  ore,  the  refining  of 
iron  by  the  second  process,  as  also  by  the  forge  hammer,  and  other  modes  of  compression,  and  the  formation  of  it  into 
manufactures,  by  all  the  operations  which  require  it  to  be  heated  to  the  malleable  degree,  are.  therefore,  performed 
without  any  of  the  injuries  to  the  metal,  arising  from  fossil  coal,  and  with  all  the  benefits  resulting  from  carbonic 
fuel.  As  the  extent  of  our  territory  ensures  a  very  great  duration  to  our  stock  of  charcoal,  by  mere  natural  repro- 
duction, and  generally  without  the  labor  and  expense  of  plantations,  our  iron  manufactures  must  be  v.iy  good, 
permanent,  and  highly  beneficial.  There  are  great  quantities  of  iron  adjacent  to  forests,  which  continue  to  imopde 
the  cultivation  of  the  richest  soils.  Practice,  the  sciences,  and  imported  aid  and  skill,  add  yearly  to  the  degree  of 
ability  we  possess  in  the  inm  branch.  The  rolling  and  slitting  mills,  the  nail  mill,  the  tilt  hammer,  the  grinding  and 
polishing  mill,  the  wire  mill,  and  all  the  great  variety  of  iron  works,  except  the  common  furnace  and  forge,  were 
assumed  to  be  prohibited  by  the  act  of  the  liritish  Parliament,  of  the  year  1750,  restraining  the  manufacture  of  iron 
beyond  the  pig  and  the  bar.  The  iron  and  steel  manufactures  of  Great  Britain  were  raised,  in  1785,  to  the  value  of 
fifty  millions  of  dollars.  The  United  States  formerly  exported  much  iron,  but  they  now  import  a  far  greater  quan- 
tity in  bars,  and  some  rolled  and  slit.  The  returns  of  the  quantity  of  iron  manufactured  are  very  imperfect,  yet 
much  is  exhibited  on  the  face  of  those  documents.  This  branch  has  been  very  fruitful  in  inventions  and  labor-saving 
devices,  both  at  home  and  abroad.  In  the  moments  when  we  feared  difficulty  and  injury  for  the  want  of  certain 
necessary  things,  the  manufacture  has  been  suddenly  attained  and  establishecl.  This  is  remarkably  the  case  as  to 
common  steel,  iron  wire,  and  edge  tools,  the  manufactures  of  all  which  have  been  greatly  advanced  since  1810. 
The  variety  of  iron  goods  returned  by  some  of  the  States  and  counties,  proves,  to  all  who  are  acquainted  with  this 
country,  that  great  quantities  and  values  of  the  same  kinds  of  goods  are  omitted  in  the  returns  from  other  States  and 
counties.  The  improvement  and  extension  of  the  cast  iron  manufactures,  including  cannon,  cast  solidly,  with  a 
spruce  head,  and  bored  out,  have  been  very  great.  The  saving  of  the  labor  of  the  manual  hammer,  which  is  a  chief 
benefit  of  small  castings,  and  of  the  tilt  and  trip  hammers,  have  given  extraordinary  activity  to  this  branch  of  the 
iron  manufactory. 

The  course  of  things  is  very  strikingly  altered  with  respect  to  both  the  commerce  and  manufacture  of  iron.  The 
iron  branch  is  more  extensive  and  perfect  in  Great  Britain  than  in  any  other  country.  It  is  worthy  of  note,  th.^re- 
fore,  that  considerable  quantities  of  iron  and  steel  are  imported,  even  from  that  country,  into  the  United  .States, 
proving  our  capacity  to  manufacture  iron  goods.  The  duty  alone  prevents  much  more  considerable  importations  of 
British  iron.  The  Englisliiron  manufactures  were  very  extensive  in  1783.  But  in  each  of  the  five  years  preceding  1800, 
they  imported,  on  an  average.  41,000  tons  of  bar  iron.  Many  British  workmen  of  their  furnaces  and  forges  have 
migrated  to  the  States  on  the  Baltic,  and  to  other  parts  of  the  world,  induced  by  the  temptations  of  countries  full  of 
iron  and  wood.  The  scale  upon  which  iron  works  have  been  lately  conducted  in  Britain,  the  use  of  the  steam  power 
and  the  charring  of  pit  coal,  have  produced  great  benefits  to  the  owners  of  iron  works.  Every  thing  that  saves,  or 
which  is  equivalent  to  the  saving  of  labor,  in  the  business  of  the  furnaces,  is  of  peculiar  importance  to  the  countries 
possessing  abundance  of  iron  ore.    The  extension  of  our  manufactures  is  not  impeded  by  any  want  of  the  means  to 


680  FINANCE.  [1814 

work  it,  tvhen  procured  in  the  first  simple  stale  of  pig  metal.  The  extraction  of  metal  from  the  ore  involves  much 
expensive  hibor.  Mucli  business  is  dune  in  labor-saving  manufactories,  much  in  the  common  manual  shops,  since  we 
can  make  liie  wire  and  working  cards,  and  cannon,  small  nails,  and  anchors,  spinning-wheel  irons  and  mill  v/ork. 
screws  and  plough-sliares:  and  as  \ye  liave  raised  the  price  of  bar  iron  from  sixty  to  one  hundred  and  ten  dollars, 
since  our  Revolution,  our  capacity  in  the  iron  branch  cannot  ba  doubted.  But  the  most  weighty  fact,  respecting  the 
state  of  our  iron  manufactures,  is,  that  we  cannot  procure  enough  of  pig  metal  and  bars  to  satisfy  the  great  and  in- 
creasing demands  of  labor-saving  tmlls  and  inachines,  and  our  numerous  handicraft  workmen.  A  principal  im- 
provement in  (he  iron  manufecture  v/ould  be,  to  make  more  valuable  descriptions  of  goods,  such  as  cutlery,  fine 
tools,  needles,  watch  springs,  aral  other  nice  wares. 

HEMP. 

The  growers  of  tliis  raw  material  are  said  to  suffer  very  considerablj'  from  the  sacrifice  of  the  quantity  and  value 
of  their  crops,  by  imperfections  in  rotting  and  [ireparing  it  for  the  manufacturers.  An  injurious  conversion  of  a 
great  number  of  strong  and  good  fibres  into  tow,  by  the  v.ant  of  skill  and  care  in  the  preparation  of  it  for  the  spinner, 
too  often  occurs.  This  strong  and  harsh  raw  material  is  also  rather  unsuitable  to  the  numerous  class  ot  female  spin- 
ners and  weavers.  The  labor  of  the  culture,  preparation,  and  manufacture,  of  hemp,  occasions  it  to  be  nearly  ex- 
cluded from  the  operations  of  household  manufacturers,  in  which  respect  itis  on  a  less  convenient  footing  than  flax. 
Its  great  importance  to  defence  obviously  recommends  hemp  to  the  most  particular  attention  and  consideration.  Its 
region,  its  soil,  its  seed,  its  mode  of  gathering,  rotting,  freeing  from  the  stalk,  dressing,  keeping,  spinning,  weaving, 
finishing,  and  uses,  merit  thorough  investigation,  very  intelligible  specification,  and  extensive  diffusion,  so  as  to  as- 
certain, preserve,  and  make  known,  ail  those  things,  with  the  best  instruments  of  its  culture,  preparation,  and 
manufacture,  and  the  selection  of  its  seed  for  propagation,  oil  making,  and  all  other  uses. 

In  the  spinning  of  hempen  yarn,  water  and  steam  mil's  have  been  introduced.  In  making  twine,  and  even  in 
making  cables,  horse  machinery  is  used.  The  improvements  in  weaving  are  more  likely  to  be  successful  in  the 
manufoclure  of  hemp  than  in  aiiy  other  raw  material, /ro»(^/(e  great  strength  of  the  yarn. 

No  manufacture  appears  to  demand,  in  a  greater  degree,  the  aid  of  joint  stock,  or  associations  of  capitalists  and 
manufacturers.  It  is  possible  that  such  companies  might  very  favorably  effect  the  cultivation  of  hemp,  by  purclias- 
ing  it  of  the  planter,  in  the  state  in  tvhich  it  is  first  separated  from  the  root  or  ground,  in  the  manner  in  which  some 
of  the  Louisiana  cane  growers  sell  to  a  sugar  manui'acturer,  the  stalks  of  the  cane,  as  soon  as  they  have  been  cut. 
Such  divisions  of  labor  have  many  favorable  ofiects,  and  some  particularly  desirable  in  this  country.  When  the 
manufacturer  buys  sugar  canes  to  make  sugar,  or  hempin  the  stalk  to  rot,  and  otherwise  prepare,  he,  in  effect,  car- 
ries his  manufacturing  laborers  into  the  present  .system  of  cultivation,  by  making  them  perform  certain  labors,  which 
the  tarnier's  people  have  hitherto  performed.  The  manufacturer  also  brings  his  money  earlier  into  the  hands  of  the 
farmer  or  planter,  and  he  saves  him  all  the  capital  requisite  for  works,  tools,  instruments,  and  wages.  The  opera- 
tions ol'  the  manufacturer  also  save  labor,  either  by  machinery,  or  by  the  superior  skill  and  dexterity  of  those  who 
folloiv  one  art  or  branch  of  industry.  There  is  an  useful  reaction  of  all  the  adjacent  arts  and  trades  upon  the  neigh- 
boring cultivators,  leading  to  care  in  all  (he  parts  of  agriculture  necessary  to  the  production  of  excellent  goods  in  the 
best  condition.  Our  numerous  flour  millers  are  ever  checking  the  fiirmers  who  offer  them  bad  kinds  of  wheat,  or 
unclean,  or  mixed  v.ith  rye  or  garlic. 

Positions  in  the  best  hemp  districts  of  the  United  States,  where  the  sti'ong  nature  of  the  soil  tempts,  or  impels  to 
the  cultivation  of  iiemp.  and  where  fossil  c-.>al  abounds,  appear  to  be  fit  places  to  bring  forward  the  manufacture  of 
hempen  cloths,  yarns,  twines,  and  all  other  goods  which  aie  convenient  to  handle,  to  store,  and  to  transport;  and 
which  are  not,  like  cables  and  ships'  coidage,  liable  to  be  injured  by  the  tar  used  in  their  manufacture.  By  manu- 
facturing liemp  at  the  place  of  its  growth,  in  such  situations  in  Kentucky,  the  great  and  useless  eharges of  transport- 
ing the  ofllil,  tiie  tow,  and  the  good  hemp,  in  an  unmanufactured  state,  would  be  avoided.  The  best  part  of  the 
materials,  increased  ni  value  by  the  costs  and  profits  of  the  nianufacturing,  uould  better  sustain  the  charges  of 
sending  them  to  the  o;her  States,  or  to  tlie  sea  ports,  for  the  foreign  tradi'.  This  raw  material  affords  the  strongest 
evidence  of  the  absolute  necessity  of  manufactures,  and  of  adjacent  manulacturers,  especially  by  labor-saving  ma- 
chinery, to  the  prosperity  of  agriculture,  and  to  the  certainty  of  public  supplies.  Had  we  not  cultivated  andmanu- 
factureci  hemp,  in  the  time  of  peace,  we  must  have  suffered  for  want  of  the  manufactures  in  time  of  war.  Measures, 
even  to  force  such  manuf;'.cture3  as  are  really  necessary  to  the  public  safety,  are  not  uncotnmon  in  the  United  States. 
A  printed  investigation  into  the  cultivation,  loanuiacture,  and  uses  of  hemp,  v.ith  engravings,  from  the  seed  to  the 
completion  in  cordage,  cloths,  and  other  supplies  of  war,  by  sea  and  land,  would  be  of  greatpublic  advantage.  One 
ibreign  nation  went  into  such  a  measure,  and  displayed  before  the  people,  in  the  most  perspicuous  manner,  all  the 
operations  of  ibrty  arts  and  trades,  most  important  to  agriculture,  war,  domestic  service,  and  foreign  trade.*  No 
country  would  be  more  promptly  moved  by  such  measures  than  the  United  vStates.  Tiie  minds  of  the  people  are 
open  to  useful  information,  and  tho-.e  \^■ho  receive  conviction  from  sucii  information,  are  under  no  restraints  of  local 
or  professional  privileges.  The  freedom  of  trades,  and  the  freedom  of  towns,  as  they  exist  in  some  countries,  are 
detiuctions  from  the  general  freedom  of  tiie  natioiud  industry. 

FhW. 

Habit,  convenience,  and  necessity,  especially  without  the  bounds  of  the  cotton  district  of  the  United  States,  oc- 
casion an  extensive  cultivation,  preparation,  and  manufacture,  of  this  raw  material.  The  foreign  countries  which 
are  most  distinguished  in  this  branch,  have  not  yet  made  any  considerable  use  of  labor-saving  m;ichincry.  and  have 
few  regular  factories  in  which  flax  is  pi'epared,  spun,  twisted,  or  wove.  They  have,  until  lately,  depended  entirely 
upon  household  Industry  for  the  preparation  and  spinning.  In  the  United  States,  the  branch  has  risen  to  its  present 
considerable  height  chietly  by  the  same  means.  NV^ithin  a  i'ew  years,  machinery  saving  labor,  in  a  greater  degree 
than  tb.e  commoji  spinning  wheel,  has  been  introduced  into  regular  establishments,  and  even  into  private  families; 
also  machinery  to  double,  treble,  and  twist.  There  appears  no  reason  to  doubt  that  the  flax  miuiufacture  will  main- 
tain a  respectable  ground  in  the  United  .States,  by  the  industry  of  common  spinners  and  weavers,  by  little  and  great 
labor-saving  inachines,  by  tiie  fly  siiuttle,  and  by  some  of  the  improvements  of  the  loom.  Such  an  investigation  and 
display  of  rJl  the  operations  and  instruments  of  the  culture  and  manuf'cture  of  flax,  as  iiave  been  suggested  in  regar<l 
to  Hemp,  would  bo  equally  useful  v.ith  a  view  to  profit,  though,  not  so  important  to  the  defence  of  the  country.  The 
spinners  and  weavers  demand  of  our  merchants  their  constant  aid  in  the  importation  of  flax,  for  our  cultivators  do 
not  keep  pace  with  the  wants  and  progress  of  the  manufacturers:  and  in  proportion  as  labor-saving  machinery  and 
capital  shall  be  introduced  into  this  branch,  still  greater  exertions  of  the  landed  interest  will  become  necessary. 
The  household  manuficture  of  tinx  is  the  most  general,  and  the  most  i'amiliaroi' all  the  family  operations,  relating 
iO  cloths  tor  apparel  and  fumituie.  in  the  United  States.  In  consequence  of  habits  so  prev.ailing.  all  v/e  can  raise 
is  manufactured,  and  all  we  can  import.  This  branch  also  affords  conclusive  evidence  that  even  handicraft  opera- 
lions  will  succeed  in  the  household  way. 

GOLD,    SILVEK,   AND  THE   FIXER   MiXKD   METALS. 

The  increase  of  capital,  with  the  consequent  freedom  of  consumption  and  extensiim  of  manufactures  and  com- 
merce, has  occasioned  goods  made  ot  these  materials  to  be  greatly  multiplied,  diversified,  and  improved.  Gold  and 
silver  wares  are  made  in  ail  the  considerable  towns,  and  have  reached  a  very  high  degree  of  convenience,  excellence, 
and  l>eauty,  in  some  places.  They  are  not  only  equal  to  every  possible  demand  of  the  country,  but  our  present 
workmen  could  make  a  stock  of  gold  and  silver  wares,  for  foreign  sale,  equal  to  tlie  quantity  exported  by  any  natio;! 
of  Europe.  With  common  care,  the  standard  quality  is  ";ood  and  unilbrm,  the  branch  being  in  the  hands  of  an  in- 
telligent and  respectable  class  of  citizens,  and  if  it  were  chosen  to  raise  the  standard  of  qualify  in  such  inconsidei - 

*  The  French  exposition  of  the  arts  and  trades,  called  "  Uictionnaire  des  Arts  et  Metiers." 


1814.]  DIGEST    OF    MANUFACTURES.  g^l 


able  degree,  as  to  makethe  silverplatea  little  superior  to  tlie  purest  foreign  standard,  and  to  establisii  an  assay,  the 
operation  would  probably  be  quite  as  pleasing  to  tlie  conductors  of  tbis  brancii  of  our  nianuCactures  as  it  would  be 
practicable  and  easy. 

The  use  of  rollers,  and  oilier  conlrivances.  to  save  labor  in  some  degree,  have  been  gradually  introduced  into  the 
gold  and  silver  manufactory;  but.  being  numerous,  they  have,  though  small,  at  lengtii  reached  to  a  considerable  ag- 
gregate importance.  They  would,  indeed,  be,  at  this  lime,  highly  convenient  and  valuable,  did  not  taste  and  fashion, 
to  the  dominion  ol  which  this  branch  is  peculiarly  subject,  render  it  unsafe  to  make  a  too  large  stock  of  goods, 
though  exhibiting,  in  their  forms,  every  line  of  beauty  and  of  grace. 

The  goldbeater's  trade,  or  that  of  the  manufacture  of  gold  leaf,  has  been  recently  introduced  into  the  United 
States.  The  metal  is  prepared  by  lal)i)r-saving  rollers,  which  reduce  it  to  the  thickness  of  a  hard,  tough,  and  very  thiu 
letter  paper.  Silver  is  similarly  manufactured  into  leaf.  The  city  of  New  York  has  attracted  the  most  conspicuous 
and  greatest  number  of  these  artists.  It  is  understood  that  they  are  well  established  and  prosperous.  The  work- 
men of  Europe,  in  all  branches  such  as  this,  are  much  incommoded  by  the  iluclu:ilions  and  distresses  of  that  quar- 
ter of  the  world,  and  they  now  lind  eucouragemeiit  here.  This  is  the  case  with  all  thai  description  of  artists  who 
are  employed  in  making  the  more  valuable  metal  ornaments,  tritdvets.  set  work,  of  glass,  valuable  stones,  and  paste, 
in  gold,  and  silver,  and  jewelry. 

Plated  work,  and  the  fine  and  common  mixed  metal  buttons  and  buckles,  are  made  in  vei-y  cotisiderable  quanti- 
ties, by  foreign  and  native  workmen.     Casting  and  machinery  afford  them  great  assistance. 

Button  making  has  become  a  lucrative  and  regulai-  employment  in  the  United  Stiites,  and  is  far  more  consider- 
able than  appe;irs  by  the  returns.  The  rolleis  for  small  and  fine  work  are  not  sufficiently  numerous  ansl  dispersed, 
or  all  the  necessary  supiiiies  might  be  made  with  ease.  The  rolling  and  stamping  apparatus  greatly  saves  labor  i:i 
button  making.  I'he  American  cast  button  is  so  cheap,  that  it  can  rarely  be  importetl.  Water  mills  and  steam 
engines,  to  voll  and  stamp,  in  the  manner  of  Europe,  will  ipiickly  possess  the  Uiiited  Slates  of  the  entire  mamilactory 
of  buttons,  and  other  sn>al!  metal  geods,  for  seven  millions  and  a  lialfoi  people,  with  opportunities  of  free  and  un 
burdened  exportatioii. 

HIDES   AND   SKINS  OF   DOMESTIC   AND   WILD  ANIMALS. 

Every  description  and  variety  of  leather  is  made  here.  So  entirely  and  easily  are  the  raw  materials  vvorked  up 
by  the  tanners,  leather  dressers,  and  other  manuiacturers.  that  even  the  deer  skin,  wiiich  was  formerly  prepared  in 
the  buft"mode  only,  is  now  much  more  frequently  and  extensively  tanned  and  dressed  as  russet  or  colored  leather. 
That  species  of  skin  alone  has  been  heretofore  exported  in  the  unmanufactured  state.  Fine  and  delicate  skins, 
which  were  not  formerly  known  as  law  mateiials,  are  now  imported,  and  iiandsomely  dressed,  finished,  and  made 
up  into  ladies'  shoes,  pocket  books,  and  other  goods.  The  demand  for  skins,  in  this  extensive  and  successful  branch, 
has  occasioned  a  curious  and  efit-ctive  invention,  to  split  skins,  producing  a  double  quantity  of  covers  for  books,  and 
other  purposes.  The  hog  skin  is  tanned  in  some  places,  but  it  is  too  oiten  neglected  and  lost,  in  the  shape  of  mere 
oftiil  of  fresh,  pickled,  and  smoked  meat.  Being  particularly  lit  to  make  strong  and  handsome  saddlery,  the  far- 
mers will  proiit  by  attention  to  the  best  management  of  their  hog  skins,  in  all  the  States,  as  they  now  do  in  some. 
The  proper  oil  of  fish  is  not  so  abundaiit  as  it  formerly  was.  nor  obtaitiable  in  interior  situations,  without  a  great  ex- 
pense; anil  it  is  possible,  that  the  congenial  fat  of  the  skin  of  this  animal  may  occasion  it  to  be  better  and  more  easily 
preserved  than  the  skins  of  liorses  and  oxen.  A  judicious  course  in  manufactures  is  to  consi<ler  the  true  fitness  of 
the  various  materials,  and  to  put  each  kind  to  its  proper  use. 

The  facility  and  utility  of  the  manufactory  of  leather,  is  every  where  sucli  that  the  utmost  ingetiuit)- has  been 
exercised  upon  the  subject  of  the  sources  of  the  raw  materials,  and  the  economy  of  them  when  inanufactui-ed.  A 
considerable  premium  bus  been  oBered,  by  the  French  Government,  foi'  the  invention  of  the  best  and  cheapest  substi- 
tute for  leather,  for  the  covers  of  books. 

It  would  favor  tf,e  Indian  trade,  whicli  hiis  a  great  tendency  to  conciliate  the  aborigene-,  if  the  manuiactui-e.  and 
a  greater  consumplion  of  deer  skins,  could  be  eft'ected  in  our  frontier  towns,  it  would  give  activity  to  the  Inilian 
commerce.  The  transportation  of  dressed  skins  from  thence,  would  not  be  subject  to  so  heavy  a  ra'e  of  expense,  in 
proportion  to  the  increased  value,  nor  would  they  suffer,  in  their  substance,  as  they  now  do.  from  the  worm,  and 
from  fermentation  j'.nd  decay. 

The  present  and  constant  manufacture  of  all  our  hides  and  skin-'.  aiii)rds  the  manufacturers  an  (>pp)rtunity  to 
devise  and  perform  such  things  as,  by  increasing  the  beauty  and  goodness  ot  their  commodities,  will  enhance  the 
aggregate  value  of  the  leather  branch.  Mucli  utility  and  profit  may  be  derived  from  superior  tanning,  coloring, 
dressing,  workmanship,  fancy,  taste,  and  economy,  in //je  wAo/e  range  nf  the  opercdion^  nf  the  leather  munufuc- 
turers.  The  elegaiice  of  our  improved  book  binding  is  an  example.  The  abundance  ot  farm  lands,  and  the  dis- 
tance of  many  of  them  frcnn  the  seap')rts.  render  it  certain  that  the  U'nited  States  will  always  be  one  of  the  greatest 
cattle  raising  and  meat  eating  countries.  Of  course,  there  will  be  in  one  markets  a  great  quantity  of  A^or'Ji  Ame- 
rican hides  and  skins.  Eark,  lime,  and  water  sites,  are.  in  many  |)laces.  rarer  incidents  in  country  tanners'  posses- 
sions and  general  situation,  tlian  things  required  to  be  soecially  sought,  purcliased,  or  hired.  Whatever  is  properly 
made  of  leather,  is  a  commodity  of  the  most  useful  ancf  durable  nature.  There  are  no  commodities,  the  surplus  of 
which  will  more  certainly  command  a  good  and  sure  foreign  market,  than  the  niaiiufactures  of  this  i-aw  material. 
As  the  nature  of  the  country,  and  of  many  things  in  it,  give  a  great  fund  of  fixed  and  necessary  capital  in  this 
branch,  so  it  is  true  that  there  is  a  very  large  ?;ronf7/ffif  capital  constantly  employed  in  it.  The  Southern  plaiiter- 
have,  in  many  instances,  made  tanning  a  household  or  plantation  business,  which  they  may  generally  do  with  a 
little  attention  to  the  practice,  and  tlie  addition  of  the  pleasure  of  a  little  relative  chetnical  reading.  IFerc  clicmis- 
try,  in  particular,  and  the  general  science  relative  to  the  fine  and  useful  arts  and  jnanafuclurcc:,  made  a  branch, 
of  domestic  and  academical  instruction,  it  would  greatly  and permcmeiitly  redound  to  the  dignity  (f  the  .imerican 
mind,  and  tlic  solid  internal  profits  of  the  business  of  the  country.  Such  a  course  of  instruciion  may  be  com- 
menced at  an  early  age:  for  exhibitions  of  this  nature,  internal  compositions,  mixtures,  attractions,  fermentations. 
and  decompositions  of  material  objects,  are  as  amusing  as  instructive,  and  all  these  are  pleasingly  and  intelligibly 
displayed  in  experimental  philosophy. 

It  IS  believed  that  the  present  annual  value  of  the  leather  manufactures  of  the  Uiiited  States  exceeds  that  of 
any  other  nation,  in  proportion  to  the  p;ipulafion,  though  the  prices  in  America  are  lov.er.  and  the  goods  are  nearly 
all  of  the  useful  and  necessary,  and  not  of  the  fine  and  showy  character:  and,  as  they  are  chiefly  by  the  more 
manual  industry,  and  are  not  much  aided  in  the  domestic  or  household  way.  they  establisl;  our  capacity  for  general 
manufactures  in  the  ordinary  modes. 

MAPLE  SUG.VK. 

This  useful  and  valuable  commodity  has  been  heretofore  generally  estimated  as  one  which  this  country  was 
rather  able  than  likely  ever  to  manufacture  in  a  considerable  quantity:  yet.  incomplete  as  manifestly  are  the  general 
tables,  in  which  eight" only  of  the  twenty-six  districts  return  the  maple  sugar  manuuictured.  and  deli>ctive  a^;  are 
the  subordinate  returns  from  nearly  all  the  States  which  h.ave  noticed  the  commodity,  it  is  found  that  9,665,108 
pounds  of  maple  sugar  are  proved  to  have  been  made  in  the  year  1810.  It  is  considered  that  seventeen  millions 
and  one-half  of  foretgn  sugar,  with  perhaps  three  millions  and  one-half  more,  of  maple  sugar,  supplied  our  ccm- 
sumption  in  1790,  when  the  population  was  four  millions  of  persons.  Four  millions  of  pountls  might  be  added  for 
the  weight  of  molasses  iised  in  substance.  Our  present  population  would,  theiefore,  probabiv  enjoy  a  comfortable 
but  moderate  supply  of  foreign  and  domestic  sugar,  in  fifty  millions  of  pounds  of  the  crude  or  Muscovado,  allowing, 
for  obvious  reasuns.  a  freer  consumption  now  than  heretofore.  It  is  not  rare  for  careful,  attentive  families  to  make 
three  or  four  hundred  pounds  weight  in  a  season.  If  tv.-o  hundred  and  fifty  thousand  fat.nilies  (oi  the  one  m.illion 
two  hundred  and  fifty  thousand  families  which  compose  this  nation)  were  to  make  only  two  hundred  pounds  each, 
or  five  hundred  thousand  of  those  families  were  to  make  no  more  than  one  hundred  pounds  each,  we  should  have 
the  requisite  supply  of  fifty  millions  of  pounds.    The  State  of  Ohio,  with  a  population  equal  to  about  one-thirty -third 


FINANCE.  [1814. 


part  of  that  of  the  United  States,  returns  three  millions  and  twenty-three  thousand  eight  hundred  and  six  pounds  of 
maple  sugar.  If  the  whole  Union  were  to  manufacture  at  that  rate,  it  would  produce  above  one  hundred  millions 
ofpounds.  Thus  are  the  calculations  of  the  year  1790  fully  realized,  though  deemed  then  sanguine  and  fanciful. 
The  preservation  and  general  propagation  of  the  sugar  maple  tree,  therefore,  very  strongly  press  upon  the  public 
consideration.  This  substantiiil  and  energetic  nation  can  effect,  with  ease,  what  the  youngest  member  of  the  Union, 
in  1810.  struggling  with  the  forest  and  the  savage,  performed  in  mere  ordinary  course.  1  he  thorough  investigation 
and  display  of  this  subject,  from  the  natural  history  of  tlie  tree,  through  the  course  of  exposure,  seasons,  treatment, 
management,  and  manufacture,  till  its  formation  into  refined  loaf  sugar,  and  to  the  death  and  new  plantation  of  the 
tree,  with  its  qualities  and  various  uses  as  wood,  and  with  due  attention  to  the  implements,  utensils,  process  in  a 
manufacturing  and  in  a  chemical  view,  in  all  the  possible  details,  appears  to  be  earnestly  demanded  of  the  Go- 
vernment. This  effort  would  induce  its  reward  in  almost  every  township,  by  the  benefits  which  would  result  from 
the  mere  excitement  of  a  general  attention  to  the  manufacture  of  so  pleasant,  so  profitable,  and  so  nutritious  a  pro- 
duction. To  be  fully  and  universally  aware  of  an  attainable  advantage,  is,  in  sucfi  a  case,  to  ensuie  the  attention 
necessary  to  obtain  and  preserve  it.  The  season  of  making  maple  sugar  is  from  the  middle  of  February  to  the  end 
of  March,  when  the  farmer  and  his  family  have  little  business  to  employ  them.  Five  pounds  have  been  stated  as 
the  produce  of  a  tree;  but  if  four,  and  even  three  pounds  be  taken  from  each  tree,  on  an  average,  seventeen  millions 
of  trees  will  produce  fifty -one  millions  of  pounds  of  sugar.  There  are  frequently  forty  trees  upon  an  acre  of  land; 
but,  if  there  be  only  thirty-four,  then  five  hundred  thousand  acres  (a  quantity  of  land  inferior  to  very  many  single 
counties  in  the  United  States)  will  yield  the  whole  necessary  supply.  The  reserved  wood  lands  of  our  farms  is,  on 
a  medium,  more  than  a  fiiurth  part,  even  in  our  old  counties:  wherefore,  a  tract  of  two  millions  of  acres  (of  which 
three-fourths  might  be  cleared  for  the  plough)  would  fully  suflice.  This  quantity  may  be  considered  as  about  one- 
thirteenth  or  fourteenth  part  of  a  State  as  large  as  the  lands  of  New  York  or  Pennsylvania,  uncovered  by  streams 
and  lakes.  Our  rough  mountain  land  will  produce  this  tree.  It  has  been  credibly  certified  that  a  single  township, 
in  the  State  of  New  York,  juoduced  one  hundred  and  fifty  thousand  pounds  weight  of  maple  sugar  in  the  infancy, 
or  seventh  year  of  its  settlement.  It  will  be  observed,  that  the  manufacture  is  proved  by  the  annexed  tables,  in 
Parts  III.  and  IV.,  already  to  take  place  in  the  Northern  State  of  Vermont  and  in  the  Southern  State  of  Tennessee, 
and  in  many  parts  of  the  intermediate  country,  establishing  the  region  of  the  sugar  maple  tree  and  manufacture  to 
be  several  hundreds  of  millions  of  acres.  The  tree  is  abundant  in  more  soutliern  districts.  As  it  is  at  present 
considered  necessary  to  impart  to  the  wine  of  the  Corinth  or  currant  fruit  a  greater  degree  of  the  saccharine  cha- 
racter than  it  has  from  nature,  the  general  presence  of  the  maple  tree,  and  the  universal  capacity  of  our  country  to 
produce  the  red,  white,  and  black  currants,  are  facts  apparently  worthy  of  the  public  attention.  Maple  sugar, 
•within  my  personal  knowledge,  has  been  so  well  refined  as  to  have  been  served  to  the  largest  circles  of  foreign  and 
American  eyening  visiters  at  the  house  of  the  late  President  Washington.  The  quality  was  of  that  real  excellence, 
which  the  double  refined  white  loaf  sugar  (from  the  cane)  of  the  late  Mr.  Edward  Pennington,  of  Philadelphia,  is 
l^enerally  known  to  have  possessed.  Information  as  to  the  proper  quantity  and  use  of  quick  lime,  and  some  direc- 
tions to  avoid  waste  and  injury  in  the  operation  of  boiling,  are  the  principal  instructions  wanted  by  our  fanners  and 
planters,  to  make  good  Muscovado  sugar  from  the  proper  kind  of  the  American  maple  tree.  Wiiile  the  Govern- 
ments of  Europe  labor  so  incessantly  to  discover  a  vegetable  production  which  will  yield  them  sugar,  we  enjoy,  from 
the  gift  of  Providence,  a  great  favor  in  the  sugar  maple  trees  which  overspread  our  country.  If  we  have  but  a 
limited  quantity  of  cane  land,  it  is  happy  that  we  possess  very  many  more  than  the  requisite  number  of  sugar  maple 
trees. 

The  substitution  of  (his  sugar  for  molasses,  or  the  use  of  it  when  it  reaches  the  condition  and  substance  of  molas- 
ses, is  a  further  object  to  our  country,  which  imports  many  millions  of  gallons  of  that  commodity  from  foreign  coun- 
tries.    With  a  view  to  the  economy  of  drink,  this  is  a  most  interesting  consideration. 

But  sugar  and  molasses  are  so  auxiliary  to  household  preparations  of  various  kinds,  and  to  several  great  and 
small  manufactures,  and  they  are  so  acceptable  to  the  great  mass  of  our  increasing  population,  that  there  is  no  rea- 
s(m  to  doubt  that  there  might  be  a  good  market  for  all  the  sugar  we  can  procure,  not  only  from  our  canes  and  maple 
trees,  but  by  the  most  active  commerce.  Consumption  at  home,  and  free  exportation,  will  ever  support  the  price. 
Sugars  of  every  quality  have  increased  in  value  throughout  the  world  within  a  few  years. 

THE  SUGAR  OF  THE  CANE. 

This  interesting  commodity  is,  in  the  United  States,  in  the  crude  form,  little  more  than  an  agricultural  produc- 
tion, and,  in  its  best  refined  condition,  an  elegant  and  grateful  manufacture.  After  the  acquisition  of  a  cane  dis- 
trict, by  the  purchase  of  Louisiana,  it  was  apprehended  that  the  constitutional  impediment  to  the  importation  of 
slaves  would  have  at  once  deprived  us  of  much  cane  sugar,  which  our  newly  acquired  country  could  produce,  and, 
in  some  degree,  aft'ect  the  prosperity  of  the  Delta  of  the  Mississippi.  But  the  reported  production  of  nine  millions 
six  hundred  and  seventy-one  thousand  pounds  of  the  sugar  of  the  cane  in  Lower  liouisiana,  in  the  year  1810,  with 
one  hundred  and  seventy-nine  thousand  five  hundred  gallons  of  molasses,*  is  considered  as  far  short  of  what  that 
country  will  be  quickly  made  to  produce,  by  the  general  adoption  of  the  new  and  curious  operations  in  the  culture  of 
cane  and  the  mamifacture  of  sugar,  which  are  found  to  be  practicable.  The  new  course  appears  worthy  of  parti- 
cular attention. 

Instead  of  the  employment  of  slaves,  requiring  a  very  burdensome  advance  of  capital,  and  an  expensive  subsist- 
ence, the  occasional  labor  of  neighboring  or  transient  hired  white  persons  is  often  used  to  prepare  the  grounds  with  the 
plough  and  harrow,  to  plant  the  new  canes,  to  dress  the  old  ones,  and  to  clear  the  growing  plants  from  weeds.  The 
same  or  other  white  laborers  are  afterwards  employed  by  the  planters  to  cut,  and  stack  under  cover,  the  ripened 
canes,  so  as  to  prepare  them  for  the  grinding  mill  and  boiler.  The  operation  of  planting  occurs  after  the  sickly 
autumnal  season,  and  before  the  vernal;  and  the  operation  of  cutting  also  occurs  in  the  healthy  season,  at  the  end  of 
the  following  autumn.     The  service  is  not,  therefore,  unhealthy. 

It  is  considered  to  be  expedient  that  the  planters  who  own,  and  they  who  cultivate  the  soil,  should  not  expend  great 
sums  in  the  establishment  of  mills  and  sets  of  works  on  all  the  sugar  estates,  after  the  manner  of  the  West  India 
colonies  ot  the  European  States.  But  it  is  found  more  convenient  and  profitable  to  leave  the  business  of  grinding 
and  boiling  to  one  manufacturer  of  Muscovado  sugar,  for  a  number  of  planters.  These  persons,  like  the  owners 
of  grain  mills  and  saw  gin  mills,  can  be  employed  tor  a  toll  in  kind  or  part  of  the  produce,  or  for  a  compensation  in 
money.  By  this  method  a  tract  of  two  miles  square,  or  three  hundred  and  twenty  perches  square,  which  will  con- 
tain twenty-five  plantations  of  above  one  hundred  ?.nd  two  acres  each,  may  be  accommodated  by  one  central  manu- 
factory of  Muscovado  sugar  i'mm  the  cane  stalks:  for  none  of  the  plantations  will  be  more  distant  from  the  boiler 
than  a  single  mile — a  mere  city  porterage  or  cartage.  Refineries,  making  white  sugar,  and  distilleries,  may  be  added, 
and  the  economy  and  accommodation  to  the  planters  will  be  more  complete. 

The  effect  of  this  division  of  labor  and  ownership  will  be  rapidly  to  bring  into  the  most  complete  and  productive 
cultivation  all  the  cane  lands  in  the  United  States,  and  to  advance  the  various  manufactures  of  this  valuable  and 
wholesome  agricultural  production.  The  easy  and  cheap  maintenance  of  cattle,  the  abundant  supplies  of  provi- 
sions and  building  materials  for  man  and  beast,  and  the  redundance  of  fuel  and  cask  lumber,  with  the  benefits  to 
our  planters  from  being  morefrequently  and  comfortably  their  own  stewards  and  overseers,  will  greatly  redound 
to  their  convenience  and  profits.  The  exemption  from  duty  on  their  Muscovado  sugar,  their  refined  white  sugar. 
their  molasses,  and  their  rum.  is  a  very  great  advantage  to  the  manufacturers  of  and  from  the  brown  sugar  and 
molasses  of  the  United  States,  f 

•  There  were  made,  also,  two  liundred  and  thirty-nine  thousand  one  hundred  and  thirty  gallons  of  distilled  spirits  out  of 
two  hundred  and  thirty -nine  thousand  one  hundred  and  thirty  g-allons  of  molasses,  in  Lower  Louisiana,  in  the  year  1810. 

■(■  It  is  understood  that  the  sugar  cane  has  been  successfully  cultirated  on  the  coast  of  Georgia,  within  thirty  or  forty  miles 
of  the  ocean. 


1814.]  DIGEST    OF    MANUFACTURES.  533 


WINES  OF  THE  GRAPE. 

The  proper  wines  of  the  grape,  of  the  best  qualities,  are  those  produced  in  various  climates  which  are  found  in 
the  United  States,  if  reliance  can  be  placed  upon  the  indicati.ins  of  temperature  which  I  have  ventured  to  sug- 
gest. To  the  kinds  of  that  liquor  which  have  been  mentioned,  the  celebrated  wine,  called  Tohay,  may  be  added. 
It  IS  produced  near  a  place  ot  the  same  name,  situated  in  Ilunpiiy,  in  19°  north,  in  a  temperature  approaching  to 
that  ot  Chcmipaffiie,  one  of  the  best  wine  districts  of  France.  This  situation  may  be  considered  as  nearly  corres- 
ponding with  that  of  the  country  around  the  common  point  of  contact  of  Virginia,  Mai yhisui,  and  Pennsylvania. 
The  exquisite  wines  of  the  Cape  ot  (iood  Hope,  i)articularly  the  red  and  white  Constunlht,  which  are  produced  in 
34°  south,  a  ()Osition  deemed  colder  than  the  same  latitude  north,  may  be  also  added.  The  Madeira  produces  there 
an  excellent  wine. 

It  has  been  understood,  within  a  short  time,  that  some  enterprising  and  well  informed  emigrants  from  Germany, 
after  careful  experiments,  have  considered  the  temperature  of  the  southwestern  corner  of  Pennsylvania  as  suitable 
for  the  production  of //le  Rhenish  and  Mo.se/le  qualities  of  wines.  This  fact  contributes  to  support  the  oi>inion,  that 
it  will  be  safe  to  count  the  degrees  and  minutes  of  common  temperature  in  Europe  and  North  America,  respectively. 
from  Lisbon  and  St.  Augustine  or  New  Orleans. 

It  appears  by  the  returns,  that  about  ninety-six  quarter  casks  (a  quantity  of  good  red  wine  worthy  ol"  notice)  liave 
been  made  by  a  t'e^^'  Swiss  settlers,  from  the  Madeira  and  Cane  of  Good  Hope  grapes,  on  the  river  Oliio,  in  about 
39°  north  hititude,  in  the  terntory  of  Indiana.  It  is  also  understood,  that  a  good  wine,  really  tit  for  table  use  has 
been  made  in  the  vicinity  of  Columbia,  in  South  Carolina.  Other  experiments  have  been  made,  with  various 
success. 

The  grape  vine  of  several  distinctly  different  species  is  indigenous  in  the  United  States,  and  is  found  in  every 
degree  of  latitude,  from  the  river  St.  Croix  to  the  Gulf  of  Mexico.  It  is,  doubtless,  from  such  original  stocks  in 
corresponding  temperatures  of  Europe,  that  its  several  present  excellent  wine  grapes  have  been  obtainetl  by  selection, 
choice  of  position,  and  soil  and  cultivation.  The  skill  of  the  \\ine  maker,  resulting  from  practice,  and  improved  by 
the  relative  arts,  has  curiously  perfected  the  manufacture  of  wine.  This  commodity  rewards,  by  profit  ami  plea- 
sure, the  skill  and  exertion  of  its  improvers.  A  striking  difference,  very  interesting  to  the  United  States,  occurs 
in  the  characters  of  certain  great  classes  of  foreign  wines,  extensively  used  in  this  country,  a  statement  and  attempt 
to  explain  which  may  contribute  to  improve  the  future  operations  of  the  wine  makers  of  the  United  States. 

It  has  been  constantly  observed  that,  although  the  superior  red  and  white  wines  of  France  (the  Burgundy,  the 
finer  clarets,  the  Champagne,  and  tiie  Sauterne)  are  proved  by  the  hydrometer  to  be  as  strong  as  "ome,'and 
stronger  than  others,  of  the  wines  of  Spain,  Portugal,  and  their  wine  islands,  (the  Sherry,  the  Pacharetta,  the'  Lis- 
bon, the  Carcavella,  the  Madeira,  the  Teneritie.  the  Fayal.  and  the  St.  Michael's)  yet  the  French  wines 'can  only 
be  kept  in  bottles  well  corked  and  sealed.,  while  the  latter  are  constantly  kept  vpon  tap,  in  half  emptied  casks.  It 
is  also  observed,  that,  within  a  few  hours  after  the  iincoiking  of  a  bottle  of  French  wine,  especially  of  any  of  the 
superior  qualities,  it  becomes  sensibly  bad,  while  these  white  wines  of  Spain,  Portugal,  and  their  islands,  remain 
good,  and  some  of  them  even  improve  in  decanters,  wliich  btj  accident  have  remained  lo?ig-  vnstopped.  This  differ- 
ence is  considered  to  be  occasioned  by  the  fact,  that  the  spirit  of  the  French  wine  is  its  own  natural  and  proper 
fermented  spirit,  while  the  Portuguese  and  Spanish  wines  have,  in  addition  to  their  fermented,  infusions  uf  distilled 
spirits  or  brandy.  The  French  wines,  soon  after  their  exposure  to  the  air,  by  the  drawing  of  the  cork,  are  believed 
to  recommence  fermentation,  and  are  quickly  injured,  having  been  before  sufficiently  and  most  perfectly  fermented; 
while  the  distilled  spirits  in  those  wines  of  Spain  and  Portugal,  prevents  a  similar  recommencement  of  fermenta- 
tion and  its  consequent  injuries.     Distilled  spirits  have  no  sensible  fermentation. 

Believing  in  this  cause  of  the  difference  between  those  two  great  classes  of  wines,  and  deeply  impressed  with 
the  im|)ortance  of  that  difference,  in  several  views,  I  submitted  the  facts,  in  a  guarded  and  informal  conference  with 
the  President,  Vice  Presidents,  and  several  other  learned  and  judicious  members  of  the  .American  Philofophical 
Society,  at  one  of  our  meetings,  in  a  manner  which  led  to  suggestions  of  the  momeiil.  from  the'  gentlemen,  respec- 
tively, in  order  to  attain  a  knowledge  of  the  cause;  and,  after  hearing  the  whole,  that  wliich  I  liave  stated'was  also 
!,ubmitted  to  their  consideration,  anfl  was  received  with  as  much  assent  as  the  nature  of  a  learned  body  and  of  the 
subject  rendered  proper  and  necessary,  on  a  new  and  informal  communication.  This  matter  is  introduced  here  as 
the  foundation  of  a  suggestion,  that,  in  the  wine  making  business  of  the  United  States,  in  interna!  situations,  where 
bottles  may  be  costly  or  unattainable,  a  cautious  infusion  of  the  barely  necessary  portion  of  homogeneous  distilled 
spirits  (the  purest  and  best  brandy  of  the  grape)  will,  probably,  enable  our  citizens  to  keep  their  wine  as  they  keep 
those  of  Lisbon,  Xeres,  Madeira,  Fayal,  and  Teneriffe,  in  half  empty  casks  and  common  decanters.  Thus,  no 
only  a  great  and  universal  economy  in  respect  to  bottles  may  be  made,  but  the  practicability  of  keeping  wines,  ii 
a  condition  fit  for  use,  may  be  extended  to  all  situations,  and  to  every  store  keeper  and  family.  Hitherto  the  ma'nu 
facture  of  fermented  liquors  has  been  impeded,  by  the  expense  of  bottles,  and  often  by  the  total  want  of  them. 

As  the  grape  and  its  wines  and  essential  salt  (known  under  the  name  of  cream  of  tartar)  are  of  very  considera- 
ble importiince  to  our  interior  country,  which  must  receive  foreign  wines  at  costs  and  cliarges,  which  a'great  majo- 
rity of  the  people  cannot  sustain,  and  as  wine  has  a  high  value  as  an  inducement  from  distilled  spirits  and  as  a 
medicine,  besides  the  value  of  the  fresh  and  dry  grape,  it  is  a  matter  of  real  consequence  in  this  statement,  that 
the  success  of  the  ivinc  manufactm-e  appears  to  be  rendered  certain,  by  the  variety  and  universality  of  native  grapes, 
by  a  number  of  successful  experiments,  anil  by  the  correspondence  of  temperature  between  parts  of  our  country  and 
the  districts  of  the  Tokay,  the  Champagne,  the  Moselle,  the  Rhenish,  and  the  Hock,  the  Burgundy,  the  various 
clarets  of  Bordeaux,  the  Sauterne  and  Grave,  the()porto,  the  liisbon,  and  other  superior  or  estimable  wiruis  of  the 
European  continent,  and  those  also  of  the  Cape  of  Good  Hope.  Extreme  heat  docs  not  appear  necessary  or  even 
favorable  to  the  happiest  concoction  of  the  juices  of  the  grape,  the  orange,  and  fruit  in  general.  France,  not  less 
distinguished  for  its  various  and  exquisite  fruits  than  any  other  country,  lias  no  point  more  southern  than  40°  2G'  north 
latitude.  In  considering  the  character  of  Madeira  and  its  wines,  it  will  be  remembered  that  it  is  a  small  and  ele- 
vated island,  and  similar  considerations,  as  to  temperature,  arise,  in  regard  to  the  Consfantiu  vineyards,  at  tJie 
southern  point  of  Africa,  the  Cape  of  Good  Hope,  which  must  greatly  partake  of  insular  characteristics. 

OTHER  FERMENTED  LIQUORS. 

The  moralizing  tendency  and  salubrious  nature  of  these  manufactures,  recommend  them  to  a  serious  considera- 
tion, and  particularly  in  our  coutitry.  Distinct  views  of  those  of  the  wines  of  the  grape,  customarily,  and  of  the 
c'irrant  or  Corinth  fruit,  have  been  submitted.  Beer,  ale,  porter,  cider,  and  perry,  manufactures  of  great  aggregate 
importance  to  the  farmers,  remain  for  notice.  The  difficulty  and  expense  of  procuring  a  supply  of  strong  bottles, 
and  a  peculiar  taste  for  lively  or  foaming  beer,  which  our  summers  do  not  favor,  have  been  principal  causes  of  the 
inconsiderable  progress  of  the  manufacture  of  malt  liquors,  compared  with  distilled  spirits.  The  absence,  or  the 
infrequency  of  malting,  as  a  separate  trade,  has  also  operated  against  brewing  in  the  small  way.  and  in  families. 
The  great  facility  of  making  and  preserving  distilled  spirits,  has  occasioned  them  exceedingly  to  interfere  with  the 
brewery.  The  liquor  of  peaches,  liitherto  deemed  incapable  of  use  without  distillation,  greatly  jirevents  the  use  of 
beer  in  a  very  extensive  region  of  our  country,  where  the  peach  tree  grows  with  the  freedom  of  a  weed,  and  where 
its  fruit  is  of  the  best  quality.  Cider,  which  is  abundantly  produced  in  another  very  extensive  region,  rivals  fer- 
mented malt  liquors,  as  a  common  ilrink,  and  a  material  for  a  customary  concoction  (the  cider  royal)  and  for  dis- 
tillation. 

A  method  to  preserve  beer,  and  other  fermented  malt  liquors,  on  tap,  in  half  full  vessels,  by  peculiar  construc- 
tions of  the  casks  and  the  cocks,  has  been  invented.*     The  manufactory  of  glass  bottle.s  is  likely  to  continue  to 


not 

1 


By  tile  present  Mr.  Robert  Hart,  a  rnitive  of  Philadelphui. 


634  FINANCE.  [1814. 


increase.  TTie  cork  tree  might  be  established  in  all  our  climates  south  of  the  Chesapeake.  The  manufacture  of 
wire,  for  securing  the  corks,  is  commenced  with  abundant  capital  in  several  places.  The  sealing  materials  for 
bottled  liquors,  are  cheap  in  America.  The  manufactures  of  the  brewery  are  diversified  in  the  shapes  of  porter, 
pale  ale,  brown  ale,  strong  beer,  and  small  beer,  to  suit  all  tastes,  and  to  accommodate  all  climates  and  consumers. 
The  want  of  a  head,  or  top  of  foam  (or  cream,  asitis  popularly  called  here)  is  now  known  to  be  observable  in  the  tap 
beers  of  Europe,  and  it  is  presumable  that  this  object  of  fancy,  or  taste,  will  not,  therefore,  be,  in  future,  deemed 
indispensable  in  the  American  tap  houses  and  families.  We  have  been  used  to  consider  the  want  of  this  foam  as  an 
evidence  of  badness.  The  brewery  must  be  expected  to  improve  in  the  United  States,  as  it  manifestly  has,  since 
the  inti-oductioii  of  the  pale  ale  and  porter  manufactures,  in  1774.  The  exportation  of  maltliquors,  and  their  coast- 
ing transportation  and  sale,  have  been  very  much  increased. 

So  great  inducements  from  the  cultivation  and  production  of  grain  arise  from  the  cultivation  and  growth  of 
raw  materials,  including  cane  sugar,  and  from  the  very  increased  attention  to  sheep,  and  horse,  and  cattle  farming, 
that  the  great  farmer's  manufactory  of  cider  must  extend,  increase,  and  improve.  The  high  price  of  Hour,  also, 
diminishes  attention  to  grain  liquors.  The  first  qualities  of  cider  are  more  valuable  than  the  inferior  wines  are  to 
the  cultivators  of  France,  the  Azores,  the  Balearic  isles,  the  (ireek  isles,  the  Canaries,  and  other  wine  countries. 
Cider  is  particularly  couvenierit  to  those  States  whose  settlements  are  completed,  as  it  requires  the  use  of  but  little 
land,  and  not  the  exclusive  use:  for  orchards  admit  the  cultivation  of  the  ground.  The  distillery  in  those  fully 
populated  States,  is  chiefly  from  apples,  to  die  north  of  the  Delaware.  The  preservation  of  cider,  without  the  ex- 
pense of  bottling,  is  more  practicable  and  more  general  than  that  of  fermented  malt  liquors. 

The  exquisite  and  various  fiavor  of  the  Norlh  American  peach,  in  the  most  favorable  situations,  and  the  ease 
with  which  it  is  propagated  in  surh  places,  give  rise  to  great  solicitude,  that  nice  and  careful  experiments  should  be 
made  of  the  quality  of  the  clear  fermented  liquor  it  would  yield.  Whether  the  attempt  would  succeed  best,  if  the 
peach  were  treated  like  the  grape,  tiie  apple,  and  (he  pear,  in  making  wine,  cider,  and  perry,  or  whether  it  would 
best  succeed,  if  the  fruit  weie  treated  in  the  manner  of  the  currant,  experience  would  determine.  In  the  former 
cases,  proper  grape  wines,  cider,  and  perry,  are  made  of  the  juices  of  the  grape,  the  apple,  and  the  pear,  without 
water,  and  often  without  brandy  in  the  wine;  always  without  brandy  in  the  farmer's  cider,  and  in  perry.  In  the 
case  of  the  currant  wine,  brandy  is  sometimes  added,  and  sometimes  omit(ed;  sugar  is  always  added,  on  account  of 
the  acidity  of  that  fruit.  The  peach  would  not  require  that  addition.  There  seems  to  be  reason  to  fear  it  may 
prove  too  saccharine.  It  ought,  however,  to  be  remembered,  that  the  wine  of  France,  called  Fronlignac,  is  of  an 
extreme  sweetnes,  with  less  pungency  than  the  juice  of  the  peach.  It  is  possible,  too,  that  the  peach  juice,  fined, 
and  with  or  wiUiout  an  infusion  of  brandy,  might  be  preserved  as  a  sweet,  to  mix  with  other  things;  it  would  proba- 
bly require  the  bottle.  The  ease  with  wl)ich  the  peach  is  raised  throughout  the  United  States,  and  its  application, 
hitherto,  to  the  table,  only  in  its  fresh  and  dried  slates,  and  to  the  distillery,  invite  to  endeavors  to  extend  its  utility. 
So  copious  an  addition  to  our  substitutes  for  cane  sugar,  in  the  form  of  a  sv/eetening  treacle,  and  of  so  exquisite  a 
flavor,  would  be  very  valuable,  if  it  could  be  rendered  conveniently  attainable. 

The  ancient  iermented  liquors,  made  of  hojiey,  called  metlieglin,  and  mead,  are  not  mentioned  in  any  of  the 
teturns,  thougii  they  have  been  long  made  in  the  United  States — the  former,  in  considerable  quantities.  They  would 
fairly  contribute  to  swell  the  aggregate  value  of  our  household  manufactures. 

DISTILLED  SPIRITS. 

Numerous  and  valuable  improvements  in  this  manufacture  have  been  effected.  By  making  spirits  nf  sixth  proof, 
(Jamaica  rum  and  French  brandy  being  only  fourth  proof)  the  transportation  of  American  distilled  spirits,  from 
distant  interior  places,  is  efiected  upon  more  favorable  terms,  according  to  the  value,  or  a  lower  rate  per  centum. 
The  empyreumatic  oil  is  frequently  and  easily  extracted  by  a  patentea  operation,  and  the  bad  flavor  of  ill  tasted 
spirits  is  taken  ofl".  The  quantity  of  distilled  spirits  reported,  is  25,804,792  gallons,  equal  to  234,589  puncheons,  of 
about  110  gallons  each,  very  far  exceeding  all  the  West  Indian  and  South  American  rum,  or  spirits,  and  molasses, 
of  every  foreign  Power.  Our  manufacture  of  spirits  is  partly  from  foreign  and  American  molasses,  oats,  Indian 
corn,  buckweat,  wheat,  and  potatoes,  but  principally  from  rye.  apples,  and  peaches.  The  comparative  importance 
of  this  distillery  will  be  moie  clearly  understood,  when  it  is  known  that  the  amount  of  all  the  rum  and  spirits  im- 
ported frv)m  the  Britisii  colonies,  into  England,  in  1785,  was  oidy  18,184  casks,  ot  110  gallons  each.  It  is  true,  that 
there  was  a  considerable  exportation  from  the  British  West  Indies  to  the  United  States,  some  to  the  Northern 
British  colonies,  and  a  little  in  other  directions.  But  the  American  distillery,  at  present,  very  far  exceeds  the 
whole.     It  will  certainly  contiiuie  to  receive  considerable  support  from  foreign  consumption. 

The  unobserved  rapidity  of  the  growth  of  the  grain  distillery,  combining  with  the  extension  of  the  brewery,  and 
with  the  increased  consumption  of  the  various  meals,  by  the  manufacturers,  and  the  modern  cultivations  of  cotton 
and  sugar,  have  greatly  contributed  to  maintain  the  high  prices  of  wheat  and  Indian  corn:  for,  the  rye  and  barley, 
whicii  have  been  raised  for  the  distillery  and  brewery,  have  employed  a  proportional  part  of  the  cleared  land  and 
labor  of  the  country.  But,  as  our  objects  of  cultivation  have  increased  in  number,  and  continue  to  increase,  and  as 
grain  will  be  raised  in  a  less  proportion,  according  to  our  population,  and  our  manufacturers,  cotton  growers,  sugar 
[ilanters,  and  cattle  farmers,  will  require  large  supplies,  the  original  necessity  for  the  grain  distillery  Vvil!  decrease. 
Cider,  and  wines  of  the  grape  and  currant,  will,  at  the  same  time,  increase,  and  will  materially  interfere  with  the 
grain  distillery  by  their  rivalsiiip,  and  by  tiieir  employment  of  a  portion  of  our  industry.  The  (iistiiiery  of  the 
potato  is  said  to  be  very  profitable  and  increasing,  and  the  flavor  may  be  improved  by  the  extiaction  of  the  empy- 
T'umatic  oil,  in  the  patented  manner,  as  very  profitable,  and  as  moralizing  rivals  of  distilled  sjririts.  All  die  other 
!. rinks,  such  as  fermented  malt  liquors,  cider,  cuirant  wine,  perry,  and  grape  wine,  aie  respectfully  conceived  to 
jnerit  a  sanctioned  investigation,  and  perspicuous  display,  for  the  use  of  the  People. 

CHEMICAL  PREPARATIONS. 

This;  branch  of  manufactures  has  been  a  great  source  of  profit  in  Holland,  Germany,  Great  Britxrin,  and  France. 
Our  rapid  and  very  great  attainments  in  it  are  evidences  of  the  enterprise  of  our  citizens  in  trade  and  business,  and 
of  iheir  progress  in  science  and  useful  knowledge.  The  sugar  refitiery,  distillery,  and  brewery,  may  be  considered 
as  ancient  and  important  parts  of  this  branch;  but  the  operations,  to  which  reference  is  most  particularly  intended, 
are  those  of  the  proper  chemist's  lab;)ratories,  for  drugs,  medicines,  tinctures,  exti-acts,  dyes,  and  pigments.  These 
liave  been  extended  with  great  skill  and  profit.  The  works,  the  capital,  and  the  talents,  whicli  are  constantly  added 
to  this  business,  ensure  its  permanency  and  success. 

Soon  after  the  acquisition  of  the  Southern  lead  mines,  establishments,  to  make  pignsents  of  that  material,  were 
erected,  in  one  season,  sufficient,  with  the  new  shot  factories,  to  employ  that  portion  of  the  addition  which  was  like- 
ly to  reach  the  Atlantic  ports.  Red  and  white  lead  and  patent  yellow  are  now  made  in  very  considerable  quantities, 
and,  operating  with  the  other  manufact<»ries  of  the  same  raw  material  or  metal,  occasion  a  demand  upon  the  miners 
and  the  merchants  for  much  more  than  th.ey  supply.  Besides  these,  a  great  nutnber  and  variety  of  other  preparations 
of  paints,  drugs,  tinctures,  extracts,  &c.  are  constantly  made,  so  as  to  interfere  with  the  importations,  in  some  in- 
stances, and  to  prevent  them  in  others.  The  practitioners  of  physic,  various  artists,  and  builders,  derive  great 
assistance,  in  their  respective  operations,  fiom  these  manufactures,  and,  by  a  selection  of  faithful  makers,  have  it  in 
their  power  to  avoid  those  fraudulent  and  pernicious  deceptions,  which  few  importers  can  detect,  and  none  can  entire- 
ly prevent.  It  would  be  favorable  to  morals,  to  tiie  public  health  and  interest,  and  to  the  internal  and  external  trades, 
if  these  and  other  manufactures,  liable  to  adulteration,  were  required  to  be  sold  with  evidence  of  the  maker's  names. 

BRICKS  AND  BRICK  CLAY. 

There  are  very  great  quantities  of  brick  clay,  or  common  potters'  clay,  in  the  United  Statfes;  and  in  numberless 
situations  adjacent  to  abundant  reserved  woods  and  forests,  and  frequently  to  fossil  coal.  These  clays  are  very  gene- 


1814.]  DIGEST   OF   MANUFACTURES.  685 

rally  impregnated  witli  iron,  and  therefore  the  hricks,  tiles,  and  potters'  wares,  usually  become  red  when  burned. 
The  implements,  utensils,  and  instruments,  employed  in  the  manufactureof  bricks,  have  been  considerably  improv- 
ed, so  as  to  make  very  ,sood  and  handsome  work,  with  greai  despatch,  savins;  labor.  The  pottery  being  ettected  by 
preparatory  horse  mills  and  turning  machines,  we  save  the  time  and  vrork  of  the  opeiators,  and  give  regularity  to 
the  form  of  their  wares.  Twenty-two  /flior-4«rt;/,i,'- projects  have  been  oHered  in  brick  making  alone.  This  beneiicial 
principle  thus  frequently  occurs  in  a  branch  which  does  not  at  first  view  appear  susceptible  of  the  advantage  of 
labor-saving  machinery.  A  horse  mill  might  be  made  to  turn  a  number  of  potters'  forming  w  heels.  Red  hearth  tiles. 
of  a  very  nice  quality,  are  made:  the  clay  might  be  treed  tiom  extraneous  matter, and  prepared  in  moulds,  plain,  iiut- 
ed,  or  figured,  so  as  to  be  ibrmed  into  tablets,  facies,  columns,  pilastres,  and  other  ornamental  matters,  of  the  same 
color  as  the  general  brick  work.  The  marble  now  used  for  such  things,  would  be  left  for  other  and  more  conveni- 
ent or  necessary  purposes.  The  ollicial  returns  of  manufactures  of  bricks  are  every  where  very  <lelective,  aird  in 
most  places  these  simple  manufactures  are  entirely  omitted.  There  is  some  exportation,  and  much  coasting  trade. 
in  bricks  and  various  tiles  for  masonry.  The  use  of  unburrred  bricks,  and  walls  composed  of  large  regular  pieces  of 
earth,  and  earth  and  sand  wcirked  into  an  adhesive  state,  with  and  without  lime,  has  beetr  ado])ted  in  s(mie  [)laces. 
Bricks  cannot  be  imported  without  a  loss.  The  few  that  arrive  are  brought  as  ballast,  and  do  not  injure  the  .Ameri- 
can manufiictoiy. 

THE  POTTERY. 

The  manufacture  of  ordinarj'  ware,  of  common  potters"  clay,  is  very  much  extended  irr  the  Uirited  State.-.  It  i- 
of  great  use  in  dairies,  kitchens,  larders,  store  rooms,  sale  stores,  and  manufactories.  Crucibles  are  made  in  several 
places.  Black  lead  is  redundant.  Some  manufactures  of  potters'  ware,  of  qualities  tit  to  substitute  tor  queens  ware, 
or  British  Statturdshire  ware,  have  been  established.  The  manufacture  of  the  comirion  potters'  ware,  of  clay,  which 
becomes  red  in  the  kiln,  is  capable  of  improvement,  by  judgment  in  the  choice  of  clay,  and  skill  in  preparing  it: 
also  in  the  formation,  glazing,  and  ornaments.  Within  a  few  years,  more  numerous,  and  better-  veins  ol  potters' 
clay  have  been  discovered,  in  consequence  qf  the  altcnfion  to  manvfadiires,  than  had  been  (jbserved  during  the 
seventeenth  and  eighteenth  centuries,  which  have  ela()sed  since  the  settlement  of  North  America.  The  spirit  of 
improvement  in  every  branch  of  internal  industry,  aft'ects  the  establishment  of  manufactures  as  rapidly  as  the  as- 
certaining and  making  known  the  suitable  qualities  of  materials,  in  convenient  situations,  take  place.  Every  kiini 
of  fuel  is  abundant,  the  clays  are  not  deficient,  and  some  workmen  arise,  and  others  arrive  among  us,  from  various 
countries.  The  freight,  cost  of  packages,  and  breakage,  and  other  charges  and  losses,  on  potters*  war-e,  ate  very 
great. 

The  lead  colored  potters"  ware,  often  called  stone  ware,  is  also  made  of  clay,  and  salt,  and  pot  ash.  It  is  of  tlie 
same  kind  which  was  formerly  imported  from  Holland,  at  a  very  great  expense.  This  manufacture  is  from  a  clay 
which  does  not  become  red  in  the  kiln. 

As  the  establishment  of  potteries  has  succeeded  in  the  Atlantic  counties,  it  cannot  be  doubteil  that  they  will  be 
Kiore  beneficial  in  the  interior  and  western  districts,  where  fuel,  gi-ounds.  and  buililing  materials,  are  cheap,  and 
Avhere  the  breakage  and  expenses  of  tratrsportation  of  foreign  ware,  over  land,  occasion  the  prices  of  the  unbrokeii 
to  be  excessive.  It  is  affirmed,  in  the  .slrons^eat  manner,  by  persons  ol'  judgment  and  ski/l,  that  the  requisite  clays 
and  flints  for  the  branches  of  the  pottery,  called  English  china  and  queens'  ware,  are  very  far-  beyoird  any  possible 
wants  of  this  country,  ior  internal  consumption  or  exportation.     The  Vermont  clay  is  held  in  much  estimation. 

There  is  no  mairufacture  for  which  this  country  is  now  more  perfectly  prepaied  than  for  those  of  potters"  and 
glass  wares,  nor  is  it  probable  that  the  pr-ogress  of  any  other  manutactures  will  be  henceforth  so  rapid:  the  consump- 
tion is  very  great  and  increasing. 

GLASS. 

The  manufactuie  of  dass  has  made,  till  of  late,  a  slow  but  considerable  pr-ogress.  It  has  been,  however, 
astonishing,  that  an  article  so  costly  in  the  impoitatioii.  so  mucli  subjected  to  loss  by  breaking,  in  the  importation 
and  in  the  transportation  overland,  and  so  universal  in  its  consumption,  has  not  made  a  rapid  progress  in  the  West- 
ern and  mid-land,  and  even  in  the  Atlantic  sections  of  so  well-wooded  a  country,  so  full  of  tlie  materials.  Wood 
fuel,  and  consequently  alkaline  salts,  are  to  be  procured  with  a  profit,  because  the  lands  from  which  a  glass  manu- 
facturer or  potter  should  take  them,  would  be  greatly  increased  in  value  by  the  i-emoval  of  the  wood.  The  difiusion 
of  the  knowledge  of  this  art  by  examination,  statement,  engravings,  and  instruction,  would  produce  much  gain  in 
the  United  States.  Our  inexhaustible  stock  of  wood  actually  cumbers  much  excellent  soil,  and  suspends  its  culti- 
vation and  production.  Fossil  coal  is  abundant  in  several  extensive  districts.  Large  tracts  of  lanil,  convenient  to  the 
materials,  covered  with  wood,  and  accomiriodated  with  water,  are  purchasable  upon  very  low  terms,  and  on  even 
long  credits. 

Seven  of  the  States  and  districts  made  returns  of  twenty-three  or  more  glass  manufactories,  in  1810,  making  glass 
of  materials  lying  every  where  on  the  surface  of  the  earth — a  vast  proportion  of  which  is  tJinused.  The  amount  of 
goods  made  was  1,016,004  dollars.  \\'hen  this  fact  is  considered,  and  the  encouragement  given  to  manufactures  by 
the  state  of  things  since  1810.  by  the  new  duties,  and  by  the  war,  it  cannut  be  doubted  that  the  necessary  and  con- 
venient part  of  the  glass  manufactory  is  r-apidly  becoming  sufficient  for  our  consumption.  The  whole  value  of  the 
British  glass  manutactoiy,  in  the  year-  176-3.  was  considered  to  be  2,800,000  dollars  for- eleven  millions  of  people: 
yet  they  exported  considerably  to  Ireland,  their  colonies,  and  to  the  United  States.  It  appears  tliat  our  glass  works 
in  1810,  were  far  more  numerous  and  productive  tharr  was  then  siipposeil.  New  works  have  been  since  erected. 
There  are  gr-eat  savings  and  large  profits  to  a  number  of  the  American  glass  manufacturer's,  arising  from  their  ob- 
taining buildings,  materials,  fuel,  and  produce,  from  the  lands  they  purchased,  at  very  low  prices,  for  those  woiks. 
and  from  the  sure  and  steady  increase  in  the  value  of  lands  so  purchased  in  the  United  States.  The  constant  im- 
provement in  the  style  of  the  buildings  in  this  counti-y,  the  erection  of  houses  ill  new  towns,  and  on  new  farms,  the 
extension  of  these  into  interior  situations,  the  improvement  of  the  glass  manufactoiy  itself,  and  the  export  trade, 
assure  to  the  glass  manufactui-ers  in  the  United  States,  a  good,  steady,  and  increasing  demand. 

It  is  manifest  that  the  United  States  have  made  great  progress  in  the  manufactory  of  fermented  liquors,  and  it  is 
believed  that  their  lessened  proportioned  attention  to  the  breati  gt-ains,  in  consequence  of  the  cotton,  tobacco,  sugar. 
and  indigo  cultivations,  horse,  sheep,  and  cattle  farriiing  and  mining,  will  occasion  more  future  activity  in  the 
brewer's,  farmer's,  and  housewife"s  manufacture  of  ferniented  liquors,  which  will  greatly  increase  the  demand  foi- 
glass  bottles.  Many  old  and  new  branches  of  manufacture  also  demand  large  numbers  of  those  vessels.  Our 
increasing  population  requii-es  a  constant  addition.  ^^  c  have  not  yet  discovered  any  considerable  (|uan;ity  of  tin, 
which  is  one  of  the  materials  to  make  pewter,  and  our  summers  incline  the  people  to  use  glass  drinking  cups, 
(which  are  indeed  preferable,  from  their  facility  to  be  quickly  and  nicely  cleaned)  to  any  other  di inking  vessel. 
The  people  of  this  country  will,  therefore,  always  be  great  consiimer-s  both  of  the  useful  and  elegant  glass  wares. 
The  importation  of  hollow  glass  ware,  and  looking  glass  plates,  is  extremely  expensive,  especially  to  the  inliabitant.- 
of  tJie  interior. 

SILK. 

The  steady  and  increased  application  to  the  prevalent  household  manufactures  has  prevented  any  considerable 
attention  to  breeding  silk  worms.  Our  manufacture  of  silk,  from  the  immediate  production  of  the  worin  in  America, 
is  very  small.  It  is  chieHy  from  foreign  silk,  and  foi-eign  silk  thread;  which  last  is  wrought  into  fringe,  tassels, 
buttons,  and  other  fancy  goods  of  taste  and  fashion,  and  is  used  in  making  up  clothing  and  furnitur-e. 

The  most  interesting  manufacture  of  silk  for  the  United  States,  is  that  of  bolting  cloths  for  our  flour  mills. 
There  ar-e  no  difficulties  in  the  way  of  procuring  enough  of  the  raw  material  to  manufacture  this  necessary  class  of 
silk  goods.  It  is  true  that  importation  may  be  expected  certainly  to  furnish  the  quantity  of  those  cloths  which 
we  shall  want.  But  the  peculiar  value,  or  rather  the  indispensable  necessity  for  this  commodity,  renders  it  desirable 
to  hold  it  up  in  the  most  striking  noint  of  view.  Holland,  without  any  particularadvantage  over  us  in  the  manufac- 
87  tt 


686  FINANCE.  [1814. 


ture,  und  in  some  respects  less  prepared  for  it  than  we  are,  has  been  induced,  probably  by  hernumerous flourmills, 
and  the  profits  she  derived  from  the  manufacture  of  bolting  cloths,  to  enter  into  it  in  a  greater  degree,  in  proportion 
to  her  population,  than  any  otiier  nation.  The  general  silk  gauze  manufacture,  of  which  this  may  be  considered  as 
a  branch,  has  very  much  declined,:  so  that  experienced  weavers  might  be  drawn  to  America  in  any  requisite  number. 
The  necessary  iiiiportation  of  raw  silk  can  always  be  made,  if  other  objects  should  continue  to  employ  private 
families.  The  inlii maries  on  the  .Southern  estates,  which  iiave  been  already  mentioned,  would  be  convenient  places 
for  breeding  silk  worms.  The  climates  of  our  region  of  colored  population  are  those  of  the  great  silk  countries,  and 
persons  well  enough  to  move  with  comfort  may  tend  the  silk  worm.  Connecticut  has  done  much  in  the  production 
of  the  proper  mulberry  tree  and  of  the  silk,  as  well  as  in  the  manufacture  of  cloths  of  silk,  though  in  a  colder  climate 
than  those  of  the  worm  in  Europe  and  Asia.  This  worm  does  well  in  dry  countries.  From  such  facts  our  capacity 
in  the  silk  business  may  be  considered  as  common  to  a  great  number  of  the  States. 

it  appears  that  countries  so  successful  in  commerce  and  manufactures,  and  parts  of  those  countries  so  populous 
and  extensive,  prosecute  with  such  steadiness  the  production  and  manutacture  of  silk,  that  the  subject  must  be  worthy 
of  a  more  profound  and  minute  examination,  than  has  yet  been  applied  to  it  in  the  United  States.  Between  the 
Southern  extremities  of  Italy,  Greece,  and  Spain,  which,  being  peninsular,  are  probably  of  the  warmth  of  our  State 
of  Louisiana,  to  the  latitude"  of  Presburg,  in  Hungary,  which  nearly  corresponds  in  temperature  with  that  of  Balti- 
more, in  Maryland,  are  found  the  innumerable  silk  worms  of  France,  Spain,  Hungary,  Germany,  Switzerland, 
L(nnbanly,  Italy,  and  Turkey.  In  most  of  those  countries,  the  Governments,  the  merchants,  the  manufacturers, 
and  the  householders,  pay  a  great  and  increasing  attention  to  the  production  and  commerce  of  unmanufactured  and 
manufactured  silks,  of  every  description  and  quality.  Similar  facts  occur  in  the  corresponding  climates  of  Asia.  In 
many  of  those  regions  of  the  ancient  and  modern  manufacturing  and  trading  nations,  the  production,  manufacture, 
and  commerce,  of  silk,  have  been  pursued  thiough  a  long  series  o(  ages.  They  are  maintained  at  the  greatest  known 
height,  at  the  present  time,  when  rival  productions,  manufactures,  and  trades,  constantly  employ  an  immense  mass 
of  capital  and  population.  It  is  true,  also,  that  there  are,  or  have  been,  in  Great  Britain,  the  whole  of  the  Nether- 
lands, and  many  parts  of  Germany,  whicii  do  not  produce  silk,  very  considerable  manufactures  of  that  ravv  material, 
which  they  import  from  Italy.  Turkey,  and  India.  These  facts  satisfactorily  prove,  that  the  production  of  a  surplus 
of  silk  is  profitable  in  some  countries,  and  that  the  manufacture  of  that  surplus  is  found  to  be  advantageous  to  other 
countries,  which  do  not  produce  that  material.  The  Governments  and  People  of  the  United  States  cannot  observe 
withoutimpressionourconstantimportationsofforeignsilkgoods,  in  parcels, amounting,  sometimes,  onboard  of  a  single 
vessel,  to  six  hundred  packages.  There  does  not  occur  to  recollection  any  employment  so  suitable  for  the  decrepit, 
the  valetudinarian,  and  the  aged  part  of  the  national  population.  It  appears,  also,  to  be  compatible  with  the  pursuits 
of  all  persons  wlio  raiely  go  abroad,  and  with  those  of  such  as  can  make  it  convenient  to  remain  generally  at  home. 
Silk  is  so  easily  and  abundantly  producible,  that  it  is  found  to  be  the  most  economical  clothing  ot  the  poor  of  China. 
It  requires  no  (Jwnership  nor  tenancy  of  soil.  There  are  some  prepossessions  against  the  production  of  silk  in  the 
United  States,  but  the  pursuit  of  it  has  been  so  long  continued  in  many  countries,  and  the  results  are  so  considerable, 
that  it  is  much  doubted  whether  the  subject  is  correctly  estimated.  A  complete  examination  of  it,  throughout  its 
districts  of  foreign  production,  manufacture,  and  commerce,  with  the  relative  examinations  in  our  own  country,  with 
the  proper  application  of  the  wliole,  would  be  a  useful  service. 

SALT. 

The  manufacture  of  salt,  from  springs  in  the  interior  country,  is  very  imperfectly  returned.  New  York  is  under- 
stood to  return  about  300,000  bushels  per  annum,  and  it  is  represented  that  the  quantity  can  be  increased.  The 
Ouabache  Saline  made,  in  1809,  about  130,000  bushels,  of  which  there  is  no  return.  Other  salt  springs  have  been 
discovered  on  the  banks  of  the  Kenhawa.  The  manufacture  of  salt,  (and  that  of  glauber  salts,  which  are  procured 
in  the  progress  of  the  work)  on  the  sea  coast,  is  considerable  and  increasing,  and  has  been  very  favorably  affected 
by  a  recent  discovery.  The  flowing  of  the  sea  near  to  Cape  Ilenlopen,  in  the  Delaware  State,  occasions  a  collection 
of  salt  water  in  a  great  sandy  pan,  or  extensive  shallow  cavity.  In  this  cavity  the  evaporation  of  much  of  the  water 
appears  to  take  place,  while  the  remainder  is  absorbed  by  tiie  sand.  This  occasions  the  saltness  of  the  absorbed 
part  to  be  much  increased.  That  briney  water  is  subject  to  further  evaporation,  till  it  reaches  a  clayey  bottom,  which 
lies  under  the  sand.  By  uncovering  tins  clay  bottom  in  places,  and  making  short  trenches  in  it,  opportunity  is  given 
tor  the  evaporated  water  to  pass  into  them.  When  taken  in  vessels  from  these  trenches,  the  water  is  found  to  be 
strong  enough  to  float  an  egg,  and  of  course  produces  a  much  greater  proportion  of  salt  than  the  common  sea  water. 
Sometimes  this  water  from  the  trenches  is  converted  into  salt  by  mere  evaporation.  On  the  French  Atlantic  coast, 
such  clayey  bottoms  occur  in  the  salt  district,  and  are  highly  valued. 

It  is  saul  that  such  great  pans,  or  shallow  cavities,  or  receptacles  of  sea  water,  are  numerous  along  the  coasts  of 
the  United  Slates.     They  ought  to  be  brought  into  immediate  use,  as  in  Europe. 

The  salt  works  at  Cape  Ilenlopen  are  stated  to  produce  nearly  2,000  bushels  per  week,  or  100,000  bushels  per 
annum.  Only  a  small  part  was  reported  in  1810  in  the  Delware  return.  It  is  believed  that  the  increase  has  been  so 
considerable  as  to  amount  to  the  quantity  now  mentioned.  This  new  advantage  in  salt  works  may  not  only  occasion 
a  gieat  extension  of  the  matmfacture,  but  may  produce  savings  of  labor  and  fuel.  It  is  possible  that  situations  remote 
from  the  mouths  of  great  rivers  may  be  most  favorable  for  salt  works,  as  the  sea  water  is  perhaps  less  briney  where 
a  great  body  of  fresh  water  is  disembogued.  Islands  are  found  best  on  the  coast  of  Europe.  It  may  not  be  amiss  to 
consider  the  tenipeiatuie  of  places,  on  that  coast,  where  salt  is  manufactured.  Cadiz,  Lisbon,  and  the  south  of 
France,  (no  part  of  whicli  is  in  less  than  42°  and  26'  North,)  may  be  considered  as  the  great  sources  of  salt  on  the 
continent  of  Europe.  The  coasts  and  islands  of  Georgia,  and  the  shores  of  the  Gulf  of  Mexico,  appear  to  be  much 
more  favorable  for  the  manufacture  of  salt  than  the  southern  districts  of  France,  and  situations  upon  the  Gulf  seem 
more  likely  to  be  suitable  than  the  vicinities  of  Lisbon  and  St.  Ubes,  so  far  as  depends  on  temperature.  Long 
drouglits  and  a  climate  of  a  general  dry  character  must  favor  the  matmfacture.  Fuel  in  abundance  can  be  procured 
in  America,  where  the  manufacture  by  solar  heat  is  not  yet  found  to  be  practicable. 

It  is  probable  that  the  manufacture  of  the  best  pearl  ashes,  out  of  the  common  ashes  produced  by  the  fires  of  the 
salt  makers,  might  conduce  to  the  profits  of  salt  works.  It  ought  to  be  remembered,  that  the  ashes  of  the  pine  and 
all  other  terebinthine  woods  are  considered  as  unfit  for  the  ordinary  manufacture  ot'potash. 

Other  wholesome  and  agreeable  anti-septics  are  substitutes  for  salt,  and  are  sufficiently  relative  to  a  competent 
manufactured  supply  of  salt  to  merit  suggestion.  A  considerable  portion  of  brown  or  unrefined  sugar,  or  of  molasses, 
rubbed  on  meat  intended  to  be  pickled,  or  coarse  sugar  or  molasses,  mixed  with  the  salt  and  water  in  certain  pro- 
portions, \\  ith  or  without  saltpetre,  is  known  to  contribute  to  preserve  vieat,  and  to  prevent  its  growing  hard.  This 
is  a  well  tried  fact,  highly  interesting  to  every  body,  when  salt  is  scarce  and  dear,  and  it  is  peculiarly  so  to  the 
owners  of  sugar  maple  lands.  To  this  method  of  saving  salt,  or  lessening  the  demand  for  it,  may  be  added  the 
adoption  of  the  practice  in  Canada,  and  in  some  parts  and  families  of  the  United  States,  of  placing  meat  in  a  situation 
to  be  frozen,  and  to  be  retained  in  that  state  while  it  is  kept,  in  winter,  for  family  consumption.  Ice  houses  have  the 
same  effect  upon  the  economy  of  salt,  in  the  warmest  seasons,  and  merit  the  consideration  of  the  farmers.  They 
are  built  of  logs  fiom  our  woods,  below  the  surface  of  the  earth,  and  of  logs  and  a  very  thick  and  close  thatch,  above 
the  surface,  for  a  very  small  value  of  labor,  and  less  of  materials. 

It  is  a  good  operation,  in  manufactures,  to  make  substitutes  for  such  things  as  cannot  be  obtained  in  sufficient 
quantities.  If,  therefore,  maple  sugar  and  maple  molasses  shall  be  made  use  of  to  perform  a  part  of  the  antiseptic 
and  presci-valive  operations  of  marine  salt,  and  are,  as  we  know,  of  a  less  scorbutic  tendency,  it  is  a  great  point 
gained.  To  make  salt  less  necessary,  by  the  use  of  the  maple  or  cane  sugar,  or  molasses,  by  freezing  meat,  and  by 
ice  houses,  is  equal  to  the  effect  of  manufacturing  salt  in  greater  quantities. 

It  may  he  useful  to  remark,  that  the  parts  of  the  coast  of  France  where  the  greatest  quantities  of  salt  are  made, 
by  the  operation  of  the  sun,  are  the  coast  of  Britanny,  Sainteuze,  and  the  country  of  Aunis,  the  most  northern  of 
which  is  of  the  temperature  of  our  Virginia  coast.  They  manufacture  salt  by  fire,  as  far  north  as  the  mouth  of  the 
Seine.  . 


1814.]  DIGEST    OF    MANUFACTURES. 


687 


CANNON  AND  MUSKETS. 


The  quantity  of  iron  cannon  wanted  has  not,  for  a  long  time,  l)pen  a  matter  of  any  difficulty  to  procure;  the 
price  being  stipulated,  so  as  to  induce  to  the  undertaking,  the  commodity  is  obtainable  with  certainty.  It  has  been 
already  mentioned,  that  the  most  approved  practice  is  to  cast  them  in  the  solid  manner,  with  a  spruce  head,  which. 
It  is  supposed,  occasions  a  more  perlect  formation  of  a  compact  piece  of  ordnance,  and  is  considered  as  coriilucin" 
highly  to  Its  goodness,  at  and  near  the  mu/.7.le.  The  gun  is  then  set  in  machinery,  which  turns  it  with  a  pressure 
towards  a  hxed  instrument:  this  bores  a  calibre  in  the  solid  gun-form  mass  of  iron,  with  great  exaciness  and  beauty. 

Cannon  are  constantly  manufactured,  when  demanded,  to  a  very  considerable  exteiiT.  in  ihe  public  armories  of 
the  Union,  and  of  the  States,  and  on  contracts,  and  for  sale  to  associations  of  citi/,ens,  and  to  individual  ourciiasers, 
ior  use  at  home,  or  for  exportation.  Of  these  very  considerable  operations,  there  are  some  specific  returns  for  1810,' 
under  the  heads  ol  "gun  makers,"  and  "boring  mills."'  and,  it  is  presumed,  there  are  some  included  uiidei-  that  of 
iron  toundries.  The  public  aimories.  and  their  manufactures,  are  not  particularly  noticed  in  the  return^;  they  are 
mentioned,  as  of  1810  also,  in  your  report,  in  part. 

The  improvements  in  the  maimfactory  of  steel,  and  the  experience  in  the  general  manufacture  of  arm-,  with  the 
exigencies  ot  the  times,  and,  above  all,  the  evidences  from  the  operations  of  individuals,  of  the  States,  a'lul  of  the 
Union,  under  various  administrations,  that  the  expense  and  trouble  of  a.  judicious  and  rigorous  inspection  are  re- 
quired to  be  surely  and  etttictually  provided  for,  have  made  favorable  changes  in  tlie  condition  of  this  important 
branch  ot  our  manufactures.  15ut  it  appears  highly  worthy  of  consideration,  whether,  after  a  [jroper  notice,  military 
guns  or  pistols  should  be  allowed  to  be  sold,  without  the  evidences  of  the  inspection  of  a  sworn  and  responsible 
officer.  These  are  manufactures  which  obvious  considerations  require  to  be  placed  under  a  regimen,  so  well  devised 
and  so  strictly  executed,  as  to  prevent  deception,  and  its  most  evil  consequences.  The  numerous  facts  which  have 
occurred  fully  prove  that  unfaithful,  or  unskilful,  orat  least  insufficient  work  in  this  branch,  is  confiiKid  to  no  time 
no  place,  no  persons,  no  nation,  n(»  cost.  ' 

THE  FINE  ARTS  AND  THE  SCIENCES. 

The  works  of  human  genius  and  cultivation,  which  belong  to  the  elegant  and  magnificent  class  of  the  arts,  have 
a  very  considerable  effect  upon  the  convenience,  utility,  and  profits  of  those  things,  which  are  usually  called  manu- 
factures. 

A  knowledge  of  architecture  is  necessary  even  to  the  cheapness  of  construction — geometry,  which  is  the  scien- 
tific basis  of  architecture,  teaching  the  operator  that,  as  a  square  ccmtains  the  largest  area  within  a  certain  extent  of 
uncurved  outlines,  so  the  walls  of  a  square  building  are  less  costly  than  those  of  anv  other  right-lined  edifice.  The 
strength  of  the  arch  is  taught  in  like  manner.  An  analysis  of  beauty  instructs  us'  in  the  grounds  of  ornaments  of 
curved  lines. 

The  fine  arts,  particular  painting  and  sculpture,  have  beautified  the  manufactures  of  alabaster,  marble,  clay, 
plaster,  and  metals,  and  of  wool,  linen,  cotton,  and  leather.  The  fine  porcelain  of  France  and  Saxony,  the  statues 
and  paintings  of  Greece  and  Rome,  the  modern  imitations  of  them  in  paintings,  statues,  and  casts,  the  elegant 
miniatures  of  alabaster,  its  various  flowers  and  ornaments,  the  improvements  in  the  composition  and  in  the  pottery 
<ifwedgewood,  the  imitations  of  the  antique  vases  and  figures  in  various  gold  and  silver  ornaments  and  utensils,  and 
indeed  of  brass,  the  tapestry  of  the  Ghobelries,  embroidery,  brocading,  dying,  engraving,  and  the  printing  of  linen, 
cotton,  and  silken  ch)ths,  are  among  the  numerous  examples  that  crowd  upon  the  mind."  The  fluctuations  and  dis- 
orders of  the  old  world  have  occasioned  innumerable  transfers  of  the  instruments,  the  libraries,  the  models,  the 
works,  the  agents,  and  the  lovers,  of  the  fine  arts,  from  thence  to  the  United  States.  This  truth  is  as  simple,  abso- 
lute, and  well-known,  as  the  transfer  hither  of  merino  flocks,  and  of  manufactures  of  fine  wool,  from  their  proper  origi- 
nal countries.  The  effects  of  such  transfers  of  much  that  was  foreign  and  all  that  was  necessary  for  the  interesting 
cultivation  of  the  fine  arts,  either  in  their  distinct  and  separate  character  and  form,  or  as  pleasing  and  beneficial 
auxiliaries  to  the  useful  arts  and  manufactures,  are  manifest  to  the  attentive  observer.  A  numerous  body  of  profes- 
sors and  instructors,  in  music,  painting,  sculpture,  architecture,  and  all  the  finer  branches  of  human  skill  and  in- 
dustry, of  a  character,  in  their  respective  arts  and  sciences,  very  far  intleed  above  the  colonial  schools,  and  such,  in 
numbers,  in  standing,  and  in  talents,  as  nothing  but  the  agitated  state  of  Europe  could  so  early  have  induced  or 
driven  hither,  are  seen  in  all  our  principal  cities.  Even  by  the  musical  branch,  light  as  it  may  appear  to  many, 
the  useful  arts  have  been  improved.  The  manufacture  of  every  instrument,  from  the  organ  to  the  fife,  involving 
considerable  science,  exempts  us  from  the  costs  and  expenses  of  importation,  and  the  exhibition  of  the  Punharmo'- 
nicon  has  diffused  instruction,  in  an  electric  style,  through  every  attentive  mind,  gifted  with  meclumical  talent,  or 
opened  by  education,  in  that  branch  of  knowledge.* 

The  advantages  of  military  architecture,  by  land  and  by  sea,  are  perfectly  obvious.  It  involvesmucli  and  various 
art  and  science.  Our  display  of  skill  in  construction  for  the  naval  department  is  not  surpassed,  whctlicr  it  be  tested 
by  promptitude  of  exertion,  shortness  of  voyages,  exemption  from  foundering,  preservation  iiom  the  dangers  of  a 
lee  sliore,  safety  in  retreat  from  a  superior  foe,  forcing  an  adversary  into  action,  or  the  all-important  workings  of 
our  ships  of  war,  throughout  the  time  of  actual  engagement.  The  construction  and  equipment  of  a  ship  require  much 
art  and  science.  They  involve  the  use  and  benefits  of  the  curious  mystery  of  the  magnet,  those  of  Ihe  discovery  of 
the  compass,  the  science  of  chemistry,  in  regard  to  the  generation,  refinement,  and  composition  of  nitre,  the  purifica- 
tion of  sulphur,  the  preparation  of  carbon,  and  the  adjustment  of  the  whole;  the  doctrines  of  matter  and  motion,  and 
of  pneumatics  and  projectiles:  the  principles  and  practice  of  geometry  and  mechanics:  sculpture  in  the  fornvition  of 
the  heatl  and  ornaments — a  beautiful,  extended,  and  peculiar  symmetry;  and  various  other  matters  in  ilie  fine  and 
superior  arts  and  sciences. 

The  improved  state  of  our  manufactures,  with  their  buildings,  materials,  ingredients,  compositions,  instruments, 
and  mechanism,  involves  a  knowledge  and  a  practice  in  \\ide  circles  of  the  fine  arts,  and  of  nearly  all  ihe  sciences. 

In  the  branches  of  sculpture,  the  Unitetl  States  exhibit  some  works  of  merit,  and  of  greater  promise.  In  the 
useful  part  of  the  engraving  department,  our  progress  has  been  rapid  and  coiisiderable,  because  there  is  a  demand 
for  the  works  of  the  artists.  It  has  been  accompanied  by  invention,  evincing  genius.  In  the  or.'iamental  and  elegant 
part  of  sculpture,  enough  has  appeared  to  prove  that  we  have  the  art,  if  occasions  shall  draw  it  into  frequent  action. 
In  wood,  there  are  very  honorable  evidences  of  native  talent,  in  various  works  of  taste  and  fancy,  and  there  are 
numerous  works  of  that  material  in  the  statuary  branch.  In  our  marble,  we  exhibit  some  specimens,  by  foreign 
artists,  far  beyond  the  quality  of  the  materials.  The  United  States  may  claim  eminence  from  the  works  of  its  native 
.ind  adopted  sons,  in  the  various  branches  of  the  art  of  painting,  and  the  superior  works  of  civil  architecture. f 

INSTRUMENTS   AND   AGENTS   OF    MANUFACTURES. 

Machinery  and  processes  to  effect  manufactures,  so  as  to  leave  the  manual  industry  of  a  nation  for  other  employ- 
ments, are  of  a  degree  of  importance  to  the  United  States  proportioned  to  the  smallness  of  the  average  population 
on  a  square  mile  of  our  extensive  territory.  As  we  possess  inniimerable  horse-powers,  applied  to  digging  and  raking 
machines,  to  turn  up  and  break  the  soil,  and  cover  the  seed  grain,  under  the  names  of  the  ptoughdwAthe  harrow. 
to  our  incalculable  profit,  so  we  have  water  mills  and  steam  engines,  in  numerous  instances,  and  of  diversifieu 
forms,  to  manuficiure  boards,  bark,  powder,  flour,  bar  and  sheet  iron,  nails,  wire,  carded  wool  and  cotton,  yarn 
and  thread,  metal  plates  of  every  kiiul,  hair  powder,  snuff,  gunpowder,  paper,  muskets,  scythes,  bolts,  stocking 

•The  conception  and  the  execution  of  this  curious  and  complicated  machine  are  very  strong- evidences  of  g'enius,  and  of  prac- 
tical mechanical  talents. 

f  The  finest  paintings  may  be  considered  as  manufactures;  and  though  temples  and  other  magnificent  buildings  are  not 
manufactures,  they  involve,  like  the  works  of  naval  architecture,  a  great  number  and  variety  of  the  operations  and  manufac- 
tures of  the  fine  and  useful  arts  and  trades. 


ggg  FINANCE.  [1814. 


web  various  cloths,  and  printed  and  other  goods.     These  and  many  other  machines  have  been  obtained  from  abroad, 

nderfved  from  the  actual  and  very  considerable  talents  ot  our  own  citizens.    The  complicated  silk  mill,  he  first 

aveiitbiifor  yarn  or  thread,  the  fulling  mill,  and  various  other  mechanical   constructions,  were  acquired  by  the 

nit  evtensive  manufacturins  nation  ot  this  time,  in  Europe,  Irom  lier  neighbors.     _1  he  wisdom  ot   the  world  has 


vpnirite  the  law  materials  or  manutactures  ot  the  L'niteU  tetates.  ihe  sciences,  ana  tne  nne  aris,  ana  tne  useiui 
-r  s  and  manufactures,  beneficially  co-operate  to  obtain,  what  would  be  otherwise  unattainable,  or  attainable  with 
^niK-h  labor  and  expense,  and  less  perfection.  In  this  department,  foreign  s',)urces,  the  knowledge,  and,  indeed,  the 
iearnin'-  and  talents  of  our  citi/.ens  have  yielded  to  the  country  vast  benefits.  Chemistry  has  rapidly  become  a  very 
eenerafstudy  Leather,  glass,  distilled  and  fermented  liquors,  drugs  and  medicines,  dye  stufts,  pigments,  and  all 
tiie  metals,  and  the  numerous  preparations  of  them,  all  the  salts,  all  the  oils,  and  all  the  extracts,  tinctures,  spirits,  and 
dec<ictions,withmany  other  things,  belong  to  this  class.  ,      ,•  •        r      i         e  <i,      u-  ui      .i 

It  is  in  this  counti-y   as  much  as  in  any  other,  that  the  civil  and  religious  freedom  of  the  citizens  enables  them  to 


usual  emnlovments  of  agriculture,  woukl  Uave  Ueprivea  tne  couniry  oi  tut  aitimiuutitu  iJiuntuirium,  una  oj  me  auj^ 
conductor  of  the  electric  fire  But  the  history  of  such  a  man  as  Galileo  piesents  the  obstacles  these  eminent  Amen 
cans  would  have  encountered  in  some  countries.  It  would  have  been  a  mine  of  wealth  lost  to  the  country  it  the  talent 
+0  invent  the  saw  '^in,  to  prepare  cotton  for  the  manufacturer's  card,  had  not  been  exerted,  and  if  the  inventive  and 
kbricatin"  powers  of  our  citizens'  minds  and  bodies  had  not  been  applied  to  steam  enginery,  to  the  machinery  for 
rliils  to  rolling'  and  slitting  mills,  to  card  wire  making,  to  carding,  spinning,  and  weaving  machinery,  to  fulling 
m  Us  to  manutactures  of  grain,  and  other  ingenious  occupations,  the  curious  merits  of  winch  are  lost  in  familiarity. 

'  It'is  a  truth  of  the  utmost  importance,  that  tiiere  are  now  in  the  United  btates  working  examples,  intelligible 
•riodel^  'books  of  instruction,  and  qualified  workmen,  foreign  and  native,  by  means  of  which  persons  in  almost 
e'verv  fine  and  useful  art  and  manufactoiy  can  obtain  good  instruments,  machinery,  in  orniation,  and  assistants,  to 
make  -ind  conduct  valuable  establishments  for  every  raw  material.  The  tables  prove  how  extensively  these  things 
•vere  dilWised  so  lon<'  ago  as  the  autumn  of  1810.  Since  that  period,  a  very  rapid  progress  and  a  much  wider  diftu- 
sinn  in  the  useful  arts  and  trades  have  certainly  occurred.  Many  curious  and  valuable  inventions  and  improvements 
hive  taken  place  in  the  mechanical  and  chemical  branches,  and  in  the  system  of  labor  and  political  economy. 
Fverv' month  every  week,  produces  additions  to  them.  Among  these  are  distillation  by  steam,  the  pendulum  and 
(evei  mil!  the  machine  for  splitting  skins,  the  pressed  nail  mill,  the  great  increase  of  chemical  preparations  for 
dver'^  colonnen  and  manufacturers,  the  conversion  of  fossil  coal  into  a  pigment,  the  cask  for  perserving  fermented 
lirn'orson  tapin'soiind  condition,  weaving  machinery  in  several  new  forms,  the  manufacture  of  edge  tools  from 
"(lifed  steel  various  improvements  to  save  fuel,  tlie  variations  and  extensions  of  the  application  ot  steam,  the  manu- 
'acture  of  o'pium  from  the  common  red  poppy  and  from  the  lettuce,  the  increase  ot  the  pharmaceutic  preparations 
to  the  number  of  seventy,  the  division  of  labor  in  the  cultivation  of  the  cane,  activity  in  the  manufacture  ot  the  cur- 
rent wine  the  tanning  of  deer  skins,  activity  and  ingenuity  in  the  substitutions  for  wool,  by  the  manufacturing  of 
4iick  and 'warm  cotton  goods,  and  by  cotton  warps  under  woollen  woots,  the  machine  for  manufacturing  dipt  candles, 
the  -'c'tivitv  '  extension,  and  improvement  of  the  sheep  breeding  and  farming,  the  new  employment  ot  tlie  children  in 
the  cities  bnrou''hs  and  villages,  and  the  active  employment  of  the  females  in  general  in  manutactures,  the  exten- 
sion and  fuilitatlon  of  communication  between  the  producers  and  importers  and  the  maimfactuiing  citizens,  by  the 
v-rio'us  and  unprecedented  improvements  in  tlie  post  oflice  department,  the  extension  ot  the  funds  of  the  manufac- 
turers bv  many  of  the  banks,  which  are  solidly  and  rigidly  founded,  constituted,  and  administered,  the  introduction 
of  new  exotic  raw  materials,  by  means  of  commerce,  and  of  laborers,  artisans,  and  manulacturers,  and  processes  of 
everv  branch  f-om  various  foreign  nations.  Foreign  masters,  as  well  as  journeymen  and  foreign  capitalists,  have 
discovered  that  the  United  States  afford  extensive  opportunities  to  employ  themselves  and  their  money  in  manufac- 

..        •  ,t„„!.,.    baui^s^  and  insurance  companies.    These 


olten  redound  to  the  great  benefit  of  respectable  foreigiiers,  as  well  as  to  ourselves. 


It  his  been  attempted,  by  means  of  the  marshals'  returns,  by  a  resort  to  other  documents,  by  careful  recollec- 


tions, 


bv  observation,  and  by  inquiry,  to  present  in  this  digest  such  a  statement  of  pertinent  fiicts  as  appeared  suit- 
to  cnmnose  a  body  of  convincing  evidence,  respecting  the  reality,  tiie  situation,  the  nature,  the  magnitude,  the 


able  to  compose  a  body  ^. ---,-  -  ,       .  ^  ,  .  .  .  -   r  n    '    . 

variety  the  benefit,  the  materials,  the  means,  and  the  tendencies,  ot  the  national  manufactures.  I  respectfully  sub- 
mit a  vvell  considered  and  confident  opinion,  that  tiiis  internal  branch  ot  trade  has  become,  and  will  continue  to  be, 
nroduciive  of  the  most  solid  benefits  to  the  landed  and  other  interests  of  the  country,  and  to  give  very  c(>ns:(leiable 
(Extension  to  the  navigation,  fisheries,  coasting  trade,  and  foreign  commerce,  ot  the  United  States. 
as  believed  that  the  tiesign  of  the  present  resolution  of  the  Legislature  was  to  procure  facts  on 
V  ind  in  the  best  form  admitted  by  the  materials;  and  n'tt  estimates,  which  might  be  partial,  erroneous,  and,  from 


It  was  believed  that  the  tiesign  of  the  present  resolution  of  the  Legislature  was  to  procure  facts  on  which  they  could 
r-  V  ind  in  the  best  form  admitted  by  the  materials;  and  n'tt  estimates,  which  might  be  partial,  erroneous,  and,  from 
t-  eir  tiiture  do'ibtful.  Estimates  in  innumerable  details  would  diminish  the  force  the  returned  facts  would  possess, 
senaratelv  pVesented  '  When  it  was  observed  that  a  single  county  iii  Mas  achusetts  reported  89,600  commuii  sheep, 
^hatone  other  returned  only  10,000,  another  1,939,  another  1,600,  and  that  eight  others,  abounding  in  sheep,  returned 
Time-  that  the  statement  tioin  New  .Jersey  was  still  more  imperfect,  and  that  twenty-one  States,  districts,  and  ter- 
ritories did  in3t  return  their  flocks;  that  there  were  but  eight  returns  ot  blacksmiths'  work,  from  $3,998  to  $1,572,627; 
that  though  one  State  reported  nearly  two  spinning  wheels  to  a  family,  there  were  fourteen  omissions  to  return  such 
wheels  wtth  a  multitude  of  similar  tacts,  a  present  attempt  to  estimate  in  complete  detail  appeared  likely  to  wrap 
UD  the  principles,  and  the  quantities,  values,  and  other  facts,  which  the  returns  exhibit,  in  a  volume  ot  matter  that 
would  obscur'  or  diminish  their  proper  and  natural  impression,  and  give  rise  to  inconvenient  objections  to  the  whole 
document  Tam,  indeed,  of  opinion,  that  the  extensive  local  knowledge,  and  very  diversified  inlorniation  necessary 
t )  1  detaiie'l  estimate,  which  should  extend  to  the  various  cities,  towns,  villages,  counties,  and  townships,  defective 
in  'their  returns,  or  entirely  unretui  ned,  cannot  be  claimed  by  any  individual.  But,  since  it  has  been  the  desire  of 
ihc  Treasury  Department  that  the  best  estimate  that  can  be  made  should  be  attempted,  I  have  very  carefully  exam- 
ined and  compared  all  those  things  which  are  of  a  nature  to  afford  a  sound  foundation  tor  such  an  operation.  The 
jiefects  of  the  local  returns,  the  importation  and  production  ot  raw  materials,  food,  forage,  fossil  coal,  and  wood  fuel, 
and  the  possession  of  mill  seats,  manufacturing  capitalists,  white  population,  machinery,  and  native  and  foreign 
manul'actu--es  have  been  dulv  observed  and  considered,  and  an  estimate  of  the  whole  value  of  the  manufactures  of 
ei>ch  State  territory,  and  disfrict,  for  the  year  of  the  returns,  has  been  so  accomplished  as  to  satisfy  my  own  mind, 
i-i  'i  •  in'sid'"rable  degree,  as  to  its  total  amount,  and  to  occasion  me  strongly  to  hope,  that  the  amounts  for  the  States, 
;,'nd  other  sections,  respectively,  are  not  materially  erroneous  r  ,      •,    ■  ,         , 

Considerin"  that  the  manutactures  actually  reported  by  the  marshals  and  secretaries  of  territories,  extremely 
imnerfect  as  many  of  the  sul)!)rdinate  returns  really  are,  in  quantities,  valuations,  and  even  in  notices  of  numerous 
vmall  and  trreat  known  manufactures,  amount  to  the  sum  of  $1-27,694,602,  after  many  goods  have  been  deducted, 
wliicii  are  not  always  classed,  at  least  by  commercial  men,  under  the  head  of  manufactures,  I  have  ventured  re- 
spectfully to  oft'eran  estimate  of  the  whole  manufactures  of  the  United  States,  as  worth,  ill  the  year  1810,  $172,762,676. 
'I  lie  facility  of  retaining  and  steadily  extending  this  valuable  branch  of  the  national  industry  is  manifested  by  its 
ear'y  and  spontaneous  commencement  in  every  county  and  township,  and  by  its  nearly  spontaneous  and  costless 
crow'h    with  such  aids  only  as  have  not  occasioned  any  material  expense  or  sacrifice  to  agriculture  or  commerce, 


1814.]  DIGEST     OF   MANUFACTURES. 


689 


since  they  were  chiefly  incidental  to  necessary  revenue,  or  result(>(l  from  our  distance  from  the  foreign  consumers 
of  our  productions,  and  manufactures  of  our  suf)plies.  Tlie  coinpiuativc  im[)ortanre  of  the  manufacturing  branch, 
in  the  business  of  the  country,  will  be  illustiated  by  the  retlectioiis,  ihitt  the  greatest  value,  in  one  year,  of  the 
exports  of  American  productions  and  manufactures,  has  been  !|;18.0()0.()00,  and  the  like  value  of  the  exports  of  foreign 
productions  and  manufactures.  $00,000,000.  under  very  extraordinary  and  transitory  circumstances,  which  may 
never  again  occur.  Foreign  and  domestic  exports,  in  the  greatest  year,  having  thus  amounted  to  $108,000,000,  a 
netl  proht  of  ten  per  cent,  on  the  exports,  and  the  same  on  the  imports,  being  21,000.0(10  dollars;  a  nett  freight  of 
vessels,  worth  15,000,000  dollars,  estimated  at  10  per  cent,  outwards  and  the  same  inwards,  being  9,000.000  dol- 
lars; and  the  aggregate  of  these  great  national  items  of  mercantile  trade  being  137,000,000  of  dollars,  a  comparison 
of  the  7na>mfactun?i§:  and  cominercial  branches  of  Ike  national  trade  may  be  made  and  considered,  and.  as  it  is 
believed,  without  any  probability  of  material  or  dangerous  errors.  Some  confirmation  of  this  view  of  our  national 
operations,  mercantile  iu\d  >nantifarturi?iff,  maybe  drawn  from  the  facts,  that,  in  years  of  general  peace  and  of 
regular  and  prosperous  cinnmerce,  from  1785  to  1787.  the  average  exports  of  England  a/one,  with  about  8,-,oo,000, 
inhabitants,  amounted  to  70,000.000  of  dollars;  while  their  manufactures  were  computed  at  •20(;,00o.000  of  like  money. 
By  means  of  tins  great  foreign  case,  as  stated  for  their  legislative  use,  and  by  means  of  the  case  of  the  L'niied  States, 
as  it  may  be  found  to  stand,  alter  the  proper  investigations,  it  is  probable  tiiat  expedient  ami  equitable  measures 
may  be  occasionally  or  systematically  devised. 

The  public  expenses,  incurred  to  promote,  accommodate,  and  protect  commerce,  however  moderate,  just,  and  neces- 
sary, have  been  veiy  considerable,  compai;ed  with  those  incurred  to  promote  manufactures.  A  portion  of  the  navy, 
the  beacons,  buoys,  light  houses,  and  public  piers,  with  a  part  of  the  diplomatic  and  consular  establishiuenls.  have 
occasioned  exi)eiiditures,  which,  however  reas(uiable,  expedient, and  equitable, are  for  theproperbeneht  of  commerce. 
Nothing,  equal  to  this,  has  been  done  for  manufactures.  The  mere  interest  of  the  aggregate  of  those  conimerciai 
expenses,  for  a  single  year,  would  produce,  it  is  believed,  new  and  important  lights,  guides,  and  aids,  to  all  who  are 
politically,  professionally,  or  incidentally  interested  in  the  subject  of  manufactures.  Such  being  the  truth  as  to  any 
past  expenditures,  occasioned  by  this  branch  of  the  internal  industry,  it  is  conceived  to  be  a  duty  to  state  it,  as  a 
relative  fact,  subject  to  examiruition  and  consideration. 

This  suggestion  appears  the  more  interesting,  when  it  is  remembered  that  the  persons  who,  at  this  time,  compose 
the  entire  body  of  the  American  manufacturers,  their  assistants  and  families,  with  a  just  addition  for  those  engaged 
in  household  manufactures  and  upon  the  estates  of  the  planters  and  farmers,  ciuisfitute  the  second  class  of  the  na- 
tional population,  in  respect  to  uumbers.  They  are  native,  adopted,  and  foreign:  adults  and  minors;  rich,  substantial, 
and  poor;  male  and  female.  Our  Federal  and  State  constitutions  and  laws  secure  to  them  the  right  to  pursue  their 
occupations,  and  to  obtain  comfort  and  prosperity,  in  common  with  the  rest  of  the  citizens  and  inhabitants.  They 
arediliused  through  all  the  States,  districts,  and  territories;  all  the  cities,  towns,  and  villages,  and  all  the  counties, 
townships,  and  hinulreds.  They  are  fiiund  in  every  vicinity,  and  even  in  most  of  the  private  families.  They  are 
a  partof  the  ccmstituents  of  every  member  of  the  Territorial,  State,  and  National  Legislatures  and  administrations, 
and  are  of  every  church  known  among  us.  They  constitute  a  great  portion  of  the  militia,  contribute  to  fill  the 
posts  and  laiiks  of  the  arniy.  are  parts  of  its  necessary  organization  in  several  of  their  proper  arts  and  trades,  appear 
in  numbers  on  the  rolls  of  the  mercantile  vessels,  of  the  public  and  private  armed  ships,  ami  of  the  wcrkmen  they 
cany  to  preserve  them  from  injury  or  destruction,  by  accident,  tempest,  or  battle.  They  possess  and  employ  pro- 
perty, real  and  personal,  to  a  very  large  amount,  and  greatly  contribute  to  the  public  revenues  of  the  States,  and 
of  the  Union,  in  the  form  of  direct  taxes,  and  duties  on  imports  or  consumption. 

Opinions  have  been  advanced  in  some  countries,  unfavorable  to  l/ie  morals  of  the  manufacturers.  But  it  docs  not 
appear  that  there  is  more  -v  ice  among  the  description  of  persons  indicated  in  the  preceding  paragraph,  than  in 
some  other  extensive  classes  of  our  papulation.  Pei  haps  the  smugglers,  by  violence  and  deception,  are  the  most  im- 
moral description  {\i  persons  of  business  in  every  civilized  community.  Their  misconduct  is.  at  the  same  time,  most 
injurious  to  the  country.  Tlie  system,  aiiojited  at  tlie  manufactory  of  Ilumphreysville.  in  Connecticut,  with  respect 
to  education,  manners,  discipline,  morals,  and  religion,  is  an  interesting  evidence  that  the  People  of  the  United 
States  m:iy  (juicken  and  increase  the  virtuts  of  the  rising  generation,  and  reform  the  degenerate  of  later  years,  by  a 
humane  and  politic  system  in  the  large  manufactories.  It  may  be  correctly  observed,  that,  while  no  commotions  have 
dishonored  the  reputation  of  the  manufacturers  in  this  country,  from  this  class  of  our  citizens  there  have  arisen 
Nathaniel  Greene,  Benjamin  Franklin,  and  David  Rittenhouse,  respectfully  conceived  to  be  comparable,  without 
disadvantage  to  their  respective  memories  and  to  their  manufacturing  brethren,  wiih  any  equal  number  of  ornaments 
and  benefactors  to  tlieir  country,  of  any  other  single  profession  or  occupation.  The  field  of  manufacturers,  repre- 
sented, in  other  parts  of  the  world,  to  be  fruitful  in  mischief  and  turbulence,  has  produced  here  a  body  of  firm  sup- 
porters of  our  constitutions  and  laws,  and  the  most  respectable  examples  of  the  civic  virtues. 

When  it  is  considered  that  natural  history  unfolds  the  works  of  Divine  Providence  in  the  formation  of  our 
earth,  of  its  productions,  and  of  all  its  animated  tenants:  that  chemistry  displays  their  values,  their  relations,  and 
their  uses;  general  pl\ilosoph>  and  particular  geometry  annually  teaches  man  more  and  more  to  know  the  principles, 
the  powers,  and  the  laws,  involved  in  the  stupenduous  system  of  the  universal  frame;  and  when  it  is  rememberea 
that  the  arts  and  manufactures  are  the  practical  application  of  this  extensive  and  precious  body  of  human  science, 
the  brancli  of  the  national  industry  which  has  engaged  the  attention  of  Congress  appears  to  be  worthy  of  the  most 
profound  investigation  and  the  most  perfect  display. 

I  have  taken  the  liberty  of  detaining  this  statement  to  the  last  day  permitted  by  your  instruction,  in  the  hope 
that,  by  the  means  which  I  had  adopteil,  I  should  obtain  additional  information  from  several  of  the  States,  in  the 
Sforth  and  in  the  South,  whose  returns  are  manifestly  and  greatly  defective.  But  none  have  been  received.  I 
therefore  beg  leave  to  conclude,  with  the  remark  that  the  form  and  details  of  the  succeeding  tables  may  facilitate  the 
;neasures  of  the  Government  of  the  Union  and  of  the  States,  in  causing  their  officers  occasionally  to  report  further 
information,  concerning  particular  branches,  and  respecting  manufactures  in  general,  with  their  raw  materials,  their 
means,  and  their  instruments. 

.Submitting  with  perfect  deference  the  preceding  statement  in  all  its  details, 

1  have  the  honor  to  be,  sir.  your  respectful  servant, 

TENCH  COXE. 

7'o  the  Secretary  of  the  Treasury. 

In  the  course  of  the  numerous  and  diversified  operations,  occasioned  by  the  deliberate  execution  of  this  digest 
and  statement,  constant  and  very  close  attention  has  been  applied  to  those  facts  which  have  occurred  throughout 
the  Union,  since  the  autumn  of  the  year  1810,  fiom  which  a  judgment  of  the  condition  of  the  manufactures  ot'  the 
United  States  could  be  safely  formed.  It  has  resulted  in  a  thorough  convictiim  that,  after  allowing  for  the  inter- 
ruptions to  the  importations  of  certain  raw  materials,  the  several  branches,  and  the  States,  territories,  and  districts, 
have  advanced,  upon  a  medium,  at  the  full  rate  of  twenty  per  centum,  which  would  give  an  aggregate,  for  this  year, 
of  207,315.'311  dollars.  In  this  increase,  the  State  of  New^  York  is  considered  to  have  most  largely  partaken,  especially 
by  means  of  her  joint  stock  companies.  But,  as  it  is  best  to  make  ample  allowances  for  some  repetitions  of  articles, 
which  are  inextricably  involved  in  the  subordinate  returns,  a  sincere  and  well  reflected  opinion  is  respectfully  sub- 
mitted, that  the  whole  People  of  the  United  States,  taken,  in  1813,  at  eight  millions  of  persons,  will  actually  make, 
within  this  year,  manufactured  goods  (exclusively  of  the  doubtful)  to  the  full  value  of  two  hundred  millions  of  dollars, 
or  forty  five  millions  of  pounds  sterling. 

June  2U/,  1813. 


690 


FINANCE. 


[1814, 


Part  III. 

A  series  of  Tables  of  the  several  branches  of  Anerican  Manufactures,  exhibiting  them  by  Stales,  Territories,  and 
Districts,  so  far  as  they  are  returned  in  the  reports  of  the  Marshals,  and  of  the  Secretaries  of  the  Territories, 
and  their  respective  assistants,  in  the  autumn  of  the  year  1810;  together  ivilh  similar  returns  of  certain  doubtful 
goods,  productions  of  the  soil,  and  agricultural  stock,  as  far  as  they  have  been  received. 


Apparel  ^' 

Furniture,  Goods  of  Cotton,  ff'oollen.  Flaxen,  Hempen,  Silk,  Yarn,  or  Thread. 

STATES,  TERRITORIES, 

Cotton  goods,  in  fami- 
lies. Sic. 

Cotton  manufacturing 
establisliments. 

Cotton 
Duck. 

Mixed  goods,  and 
cotton  goods  chief- 
ly mixed. 

Flaxen  cloths  in 
families,  &c. 

AND  DISTRICTS. 

c 

C        ! 

Yards. 

Value   in 

No. 

Yards 

Value  in 

0^ 

Yards. 

Yards. 

Value  in 

dollars. 

made. 

dollars. 

3  S 

dollars. 

Maine,  (District)     - 

811,912 

324,765 

3 

Massachusetts, 

- 

- 

54 

36,000 

28,600 

200 

6,000 

New  Hampshire, 

515,985 

- 

12 

- 

- 

- 

- 

930,978 

1,090,320 

Vermont, 

131,326 

39,398 

2 

- 

- 

- 

- 

- 

- 

1,859,931 

650,976 

Rhode  Island, 

2,111,729 

844,591 

28 

- 

- 

- 

- 

- 

299,438 

89,831 

Connecticut, 

- 

- 

14 

- 

- 

- 

- 

- 

- 

2,362,078 

800,359 

New  York, 

216,013 

69,124 

26 

- 

- 

- 

- 

- 

- 

5,372,645 

2,014,742 

New  Jersey, 

- 

- 

4 

17,500 

2,625 

- 

- 

130,856 

75,977 

847,469 

350,833 

Pennsylvania, 

611,481 

64 

65,326 

- 

- 

- 

- 

- 

2,990,822 

Delaware, 

661 

661 

3 

- 

- 

- 

- 

- 

- 

280,369 

132,640 

Maryland, 

- 

11 

Virginia, 

3,007,255 

- 

- 

- 

- 

- 

- 

1,272,323 

4,918,273 

Ohio, 

56,072 

43,660 

2 

- 

- 

- 

- 

- 

- 

1,093,031 

425,149 

Kentucky, 

- 

- 

15 

North  Carolina. 

East  Tennessee. 

West  Tennessee, 

1,790,514 

- 

4 

South  Carolina, 

3,083,188 

1,541,594 

- 

- 

- 

- 

108,627 

77, 125 

690 

345 

Georgia, 

3,688,534 

1,797,265 

1 

3,148 

2,171 

- 

- 

- 

- 

1,790 

1,790 

Oi-leans  Territory,  - 

133,180 

100,544 

Mississippi  Territory, 

342,472 

256,854 

22 

- 

- 

- 

- 

- 

- 

450 

394 

l^ouisiana  Territory. 

Indiana  Territory,  - 

54,977 

34,307 

1 

- 

- 

- 

- 

15,068 

9,505 

92,740 

39,425 

Illinois  Territory. 

Michigan  Territory, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

1,216 

1,098 

Columbia,  (District) 

26,000 

19,500 

3 

25,000 

12,500 

200 

16,581,299 

269 

146,974 

2,464,451 

21,218,640J 

STATP.S,  TERRITORIES, 
AND  DISTRICTS. 


Maine,  (District)     - 

Massachusetts, 

New  Hampshire,     - 

Vermont, 

Rhode  Island. 

Connecticut, 

New  York, 

New  .Tersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia. 

Ohio, 

Kentucky, 

North  Carolina, 

East  Tennessee, 

West  Tennessee,     - 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory, 

Illinois  Territory,    - 

Michigan  Territory. 

Columbia,  (District) 


Jlpparel  and  Furniture,  Goods,  S,~c. — Continued. 


Mixed  cloth,  Sc  hempen 
cloth  chiefly  mixed. 


Yards. 


1,801,025 

17,820 


2,348 


1,821,193 


Value  in 
dollars. 


10,578 


2,174 


Hempen  cloth  manufacturing 
establishments. 


Pieces  of 
sail  duck. 


3,025 


3,025 


Yards  of   A'alue  in 
cloth.       dollars. 


36,714 


36,714 


80,813 


12,148 


Blended,  and  unnamed 
clollis  and  stufl^s. 


Yards. 


1,031,047 

4,048,209 

112,540 

191,426 

605,675 
180,659 
582,539 


1,755,963 

701,156 
4,685,385 
7,376,154 

228,193 

471,065 


61,503 
90,039 

20.000 


22,131,553 


Value  in 
dollars. 


255,262 
2,060,576 

72,742 

241,223 
63,231 

480,808 


1,013,320 

418,244 
2,057,081 
2,989,140 

624,194 


325,623 


40,748 
54,023 

20,000 


Tow  cloth. 


Yards. 


60,000 
r20,989 


31,721 


802,710 


Value  in 
dollars. 


33,000 


6,51C 


1814.] 


DIGEST    OF   MANUFACTURES. 


691 


General  Exhibit — Continued. 


Jlpparel  and  Furniture 

Goods,  ^-c. — Continued. 

STATES,  TERRITORIES, 
AND  DISIRICTS. 

Woollen  cloth  in  fami- 
lies, &c. 

Woollen  cloth  manufac- 
turing' estahhshments. 

One  silk  manufac- 
tory. 

Blankets  of 
wool. 

Carpeting-  and 
coverlets. 

Yards. 

\':iliie  ill 

No. 

Yards 

Value  in 

Yards. 

Value  in 

No. 

Value  in 

Yards. 

Value  in 

dollai-s. 

1 

made. 

dollars. 

dollars. 

dollars. 

dollars. 

Maine,  (District)     - 

812,796 

487,678 

2,000 

5,250 

Massachusetts, 

- 

- 

1 

6.860 

10.290 

New  Hampshire,    - 

900,373 

Vermont, 
Rhode  Island, 

1,207,976 

905,982 

2 

151,315 

121,052 

o 

11.000 

10,000 

Connecticut, 

1,119,115 

1,098,242 

15 

New  York, 

3,257,812 

2,850,585 

New  Jersey, 

374,313 

360,632 

- 

- 

- 

1,800 

1,800 

278 

1,112 

200 

60 

Pennsylvania, 

997,346 

- 

- 

30,666 

- 

- 

- 

- 

- 

9,034 

9,049 

Delaware, 

63,943 

63,943 

•I 

20,500 

41,000 

Maryland. 

- 

- 

1 

- 

- 

- 

. 

. 

- 

750 

2,500 

Virginia. 

408,224 

Ohio, 

93.074 

112,485 

Kentucky- 

North  Carolina. 

East  Tennessee. 

West  Tennessee,    - 

34,141 

South  Carolina, 

72,636 

58,109 

Georgia, 

5,591 

4,449 

Orleans  Territory. 

Mississippi  Territory, 

7,898 

10,267 

Louisiana  Territory. 

Indiana  Territory,  - 

19,378 

29,067 

Illinois  Territory. 

Michigan  Territory, 

2,405 

2,372 

Columbia,  (District) 

24 

9,528,266 

71,026 

1,800 

278 

9,984 

STATES,   TERRITORIES, 
AND  DISTRICTS. 


Maine,  (District)     - 

Massachusetts, 

New  Hampsliire,     - 

Verniiint. 

Rhode  Island. 

Oonnerficut. 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia, 

Ohio. 

Kentucky, 

North  Carolina. 

East  Tennessee, 

West  Tennessee,    - 

South  Carolina, 

Georgia, 

Orleans  Territory,  - 

Mississippi  I'erritory, 

Louisiana  Territory. 

Indiana  Territory,  - 

Illinois  Territory,     • 

Michigan  Territory, 

Columbia,  (District) 


Jlpparel  and  Furniture,  Goods,  fyc. — Continued. 


Bagging-  (for  cotton)  of  hemp. 


CO     aj 


13 


13 


Yards. 


453.750 


9,463 


Value  in 
dollars. 


159,445 


5,032 


463,213 


Mixed  cloths,  &  flaxen 
cloths  chiefly  mixed. 


Yards. 


Vahie  in 
dollars. 


2,000    1,050 
10.512  ,   7,138 


12,512 


.  c 


V 


Ji  a  bo 
"o  ^  .S   "5 

-  c  "  F 


o. 


e  2 


Value  of  all 
kinds  of 
cloths  and 

stuffs. 


Dollars. 


1,072,955 

2,219,279 
1,760,417 
1,953,277 
1,065,474 
2,151,972 
5.004.198 
1,273,837 
4,060,772 

248,822 
1.015,820 
4,611,445 

999.538 
2,216.526 
2,989,140 

624,194 
1,051,115 
1,678,223 
2,145,642 

106,544 

267,515 

159,052 

54.023 

3.470 

52,000 


Web  lace  and  fringe. 


Yards. 


1.240 
20,000 


721,850 


38,785,250 


743,090 


Value  in 
dollars. 


10,000 

174 
3,120 


96,246 


109,540 


692 


FINANCE. 


[1814 


General  Exhibit — Continued. 

Apparel  and  Furniture,  Goods,  S,-c — Continued. 

Cotton  and  wool  spun  in                     Yarn. 

One  silk  manufac- 

Hempen and  flaxen  yarn. 

STATES,    TERRITORIES, 

mills. 

tory.* 

AND  DISTRICTS. 

Pounds  spun. 

Value  in 

Founds. 

Value  in 

Yards. 

Value  in 

Mills. 

Tons 

Value  in 

dollars. 

dollai's. 

dollars. 

made. 

dollars. 

Maine,  (District) 

Massachusetts, 

838,348 

931,906 

New  Hampshire. 

Vermont, 

8,960 

8,960 

- 

1,688 

Rhode  Island, 

433,813 

305,824 

Connecticut. 

New  York- 

New  Jersey, 

8,200 

9,225 

17,200 

12,890 

Pennsylvania. 

403,681 

354.962 

- 

- 

- 

- 

C 

26 

5,160 

Delaware, 

130,000 

91,000 

Maryland, 

96.760 

111,274 

Virginia. 

Ohio, 

10,000 

11.250 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee,     - 

13,000 

9,495 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory,  - 

- 

150 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

' 

1,942,764 

1,834,046 

17.200 

14,578 

6 

26 

5,16 

Jlpparel  and  Furnilure,  Goods,  ^x. — Continued. 


STATES,  TERRITORIES. 

Stockings. 

Shirt  Buttons. 

Sewing  silk  and  raw- 
silk. 

Thread. 

AND  DISTRICTS. 

1 

Manufac- 

Pairs 

A'alue  in 

Dozen. 

\'alue  in 

Pounds. 

Value  in 

Runs  and 

Value  ill 

tories. 

made. 

dollars. 

dollars. 

dollars. 

skeins. 

dollar.'; 

Maine,  (District) 

Massachusetts, 

- 

37.951 

28,453 

- 

- 

103 

618 

New  Hampshire. 

Vermont, 

- 

24,129 

17.737 

- 

- 

- 

- 

4,742,920 

189,716 

Rhode  Island. 

- 

14,760 

7,380 

- 

- 

- 

- 

15,600 

970 

Connecticut, 

_ 

- 

111.021 

- 

- 

- 

28,503 

New  York. 

. 

- 

- 

- 

- 

- 

43.680 

7.6  U 

New  Jersey. 

- 

15,837 

11,877 

Pennsylvania. 

t 

107.508 

134,406 

7,968 

404 

Delaware. 

6.563 

4,759 

Maryland. 

_ 

41,088 

23.546 

Vir2;inia, 

- 

227,578 

227.578 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

- 

5.685 

5,685 

Orleans  Territory,  - 

- 

300 

300 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

181,399 

572,742 

7,963 

404 

103 

29,121 

4,802,200 

198,336 

*  See  preceding  page. 
f  See  stocking  looms  and  establishments,  under  the  general  head  of  "  instruments  and  machinery,"  Sec. 


1814.] 


DIGEST    OP    MANUFACTURES. 


693 


General  Exhibit— Continued. 


.<?TATES,  TEKRITORIES, 
AND  niSTRICIS. 


/ns/m,ne„t,  and  Machbury  for  (he  manufadnrc  of  cotton,  , Ha j-,  hemp,  inooK   and  iilk, 

into  (;/ii/h,i,  ^-c. 


Pairs  of 
hand  cards. 


Maine,  (District)     - 

Massachusetts, 

New  Hampshire, 

Vermont, 

Rhode  Ishuid, 

Connecticut, 

New  York, 

New  Jeisey, 

Pennsylvania, 

Dehiware, 

Maryhmd, 

Virguiia, 

Ohio, 

Kentucky, 

North  Carolina, 

East  Tennessee, 

West  Tennessee,    - 

South  Carolina, 

Geori^ia. 

Orleans  Territory,  - 

Mississippi  Territory 

Louisiana  Territory, 

Indiana  Territory,   - 

Illinois  Territ(uy,    - 

Michigan  Territory, 

Columbia,  (District) 


Number. 


Spinning' 
wliccls,  for 

cotton, 
tiux,  and 
wool,  &.C. 


Number. 


67,756 


55,96.3  133,007 


13,381 


128,484 


5,334 

20,058 
518 

1,777 

1 ,350 

630 

120 

328 


Looms  for 

clotbs  of 

cotton, 

wool,  &.C. 


Number. 


55,963  372,743 


16,057 
22,564 
20.970 
14,801 

1,622 
16,132 
33,068 

4,618 
17,577 

2.005 

6,388 
40,856 
10,856 
23,559 
40,978 

6,9(;3 

10,353 

1 1,938 

13,290 

993 

1,330 
601 

1,256 

460 

17 

110 


Manufactories  of 
Keeds. 


Reeds 
made. 


Value   in 
dollars. 


430 


800 


325.392 


1,230 


545 


1 ,000 
3,025 


Stockinjf 
looms 

and  esta- 

blish- 

ment.s 

Number. 


Carding  Machines. 


J3 

E 


136 

10 


4,570 


148 


180 

109 

139 

23 

184 

413 

128 

340 

11 

32 

d6 

18 

21 


1,776 


I  Value  card- 
I'ounds  ed,  in  dol- 

carded.  lars. 


450.255 
797,236 
478.000 
798,500  I 

51,300 

504,088   i 

1.881,596   ; 

257.400  ; 

1,940,3.50  i 

1 

67,936 

86,000 
7.5,100 


3,500 


26,000 


7,417,261 


236,193 

228,100 

47,910 

10,9.30 

910,798 
147,854 
199,257 

4.516 

8,600 


350 


13,000 


1,837,508 


Instruments,  Machinery,  fyc. — Continued. 

Fulling'  Mills. 

Labor-saving' 

.Machinery. 

STATF-S,   lERKITORIES, 
ANI>  DISTRICTS. 

^ 

?  i 

ic' 

it' 

- 

1) 

o 

be  a 

tn 

g 

c    - 

■J: 

O 

g 

g 

o  ri 

^   br. 

(r. 

.i 

c 

« 

o 

X 

;i   r; 

'~* 

rt 

" 

!-i   .^ 

•J 

c 

:-. 

c    u 

V 

c 

^ 

o   C 

" 

^■^ 

K* 

a 

<^ 

« 

o 

'— 

U 

cr. 

55 

,-i 

? 

tf 

C 

? 

Maine.  (District)     - 

59 

357,386 

89.346 

Massachusetts, 

221 

730,948 

442,401 

9 

New  Hampshire, 

135 

497,500 

420,400 

Vermont, 

166 

942,960 

235,740 

2 

. 

3 

23 

_ 

_ 

5 

1 

Rhode  Island, 

24 

42.418 

11,085 

- 

3 

_ 

1 

Connecticut. 

218 

New  York. 

427 

1,811.005 

2,263,756 

New  Jersey, 

52 

204,610 

213,880 

.3 

(i 

4 

8 

o 

1 

Pennsylvania, 

213 

687,383 

306,0(i3 

1 

76 

45 

43 

7 

5 

1 

I 

206 

i 

9, 

1 

14 

Delaware, 

8 

Maryland, 

28 

37.745 

34.415 

6 

1 

1 

5 

- 

. 

•) 

o 

Virginia, 

55 

40,911 

10.228 

Ohio, 

21 

Kentucky, 

33 

53,038 

78,407 

North  Carolina. 

20 

45,226 

2.607 

East  Tennessee, 

I 

- 

6,250 

West  Tennessee,     - 

1 

1,800 

2,700 

South  Carolina, 

- 

- 

- 

- 

172 

Georgia, 

- 

- 

- 

1 

1 

1 

39 

- 

_ 

H 

Orleans  Territory. 

Mississippi  Territory. 

I.ouisiana  Territory. 

Indiana  'J'erritory. 

Illinois  Terril<uy. 

Michigan  Territory. 

Columbia,  (District) 

- 

8 

- 

- 

- 

- 

3 

- 

1 

1,682 

5.452,960 

4,117,308 

21 

87 

53 

299 

10 

6 

1 

1 

224 

/ 

5 

.) 

14 

88 


tr 


694 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


Instruments  and  Machinei-y  for  the  manufacture  of  rottoji,  .flax,  hemp,  zrool,  and  silk,  into 

Cloths,  ^-c. — Continued. 

Labor-saving  machinery — Continued. 

Wire  Card  Manufactories. 

STATES,  TERRITORIES, 

Z   be 

AND  DISTRICTS. 

^  ?. 

Wheel  Irons. 

m 

g 

?! 

be 
c 

Lifactories 
iking-  cot 

Hers. 

;^     yj  —; 

'^'^  ?, 

o    C    IJ 
C    c<  *- 

o 

t2 

n4 

U 

o 

.-4 

- 

6 

C 
.-    tn 

c 

'5. 

c 
'B. 

SES 

Mac 

tin 
car 

C    - 

a 

> 

c 

P4 

dozen. 

Maine,  (District)     - 

780 

Massachusetts, 

- 

19,448 

- 

- 

- 

- 

- 

4 

9,953 

78,998 

14,400 

33,000 

New  Hampshire,     - 

- 

5,956 

Vermont, 

- 

804 

Rhode  Island, 

25 

21.178 

Connecticut, 

- 

11.883 

New  York,      - 

- 

12,293 

New  Jersey, 

1 

11,848 

Pennsylvania, 

6 

8,849 

1 

1 

1 

2,400 

700 

1 

- 

400 

Delaware. 

- 

1,822 

Maryland, 

6 

12,500 

Virginia, 

17 

971 

Ohio,        - 

- 

768 

Kentucky, 

- 

1,656 

North  Carolina, 

56 

1,420 

East  Tennessee. 

West  Tennessee,    - 

- 

396 

South  Carolina, 

- 

6,.341 

Georgia, 

91 

2,819 

Orleans  Territory. 

Mississippi  Territory, 

- 

807 

Louisiana  Teriitoiy. 

Indiana  Territory. 

■* 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District,) 

2 

108 

204 

122,647 

1 

1 

1 

2,400 

700 

5 

9,953 

79,398 

14,400 

33,000 

Instruments,  Machinery,  S^-c. — Continued. 

Floor  cloth  stamping  estab- 
lishments. 

Mills  for  making 
machinery  for  ma- 
nufiicturingcotton 

Machine  makers. 

Spinning  wheel 

makers. 

J3 

and  wool. 

STATES,  TERRITORIES, 

AND    DISTRICTS. 

CO 

cn 

1) 

.3 

o 

rt 

J 

o 

6 

O 

«  = 

o 

£ 

T) 

s- 

-^   a; 

-a 

j; 

rt 

r- 

&£ 

C 

C 

•^ 

■*,  "o 

-^ 

^'S 

«j 

.— 

^ 

Zj 

*  — 

v 

O  'Xi 

o 

|£ 

.— • 

.n 

en 

<u 

> 

.a 

«J 

^    r- 

^ 

o 

a 

"rt 

3 

•^ 

e 

'rt 

g 

Oh 

;z 

> 

> 

-4, 

> 

Z 

> 

^ 

C/3 

>• 

Maine,  (District) 

Massachusetts, 
New  Hampshire. 

- 

- 

- 

- 

- 

- 

- 

- 

6,393 

17,982 

Vermont. 

Rhode  Island, 

, 

_ 

12 

43,500 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania, 

1 

1,500 

3,000 

- 

- 

- 

3 

7,500 

Delaware. 

Maryland, 

- 

- 

. 

1 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory 

Mississippi  Territory. 

Louisiana  Territory, 

- 

- 

- 

_ 

- 

- 

- 

5 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District.) 

1 

1,500 

3,000 

1 

12 

43,500 

3 

7,500 

5 

6,393 

17,982 

1814.] 


DIGEST   OF    MANUFACTURES. 


695 


General 

Exhibit— C 

ontinued. 

Hats. 

Iron  Works,  and  Manvjacturea 
of  Iron  and  Steel. 

Patent  Hat  Looms. 

Hatt 

cries. 

Furnaces. 

STATES,  TERRITORIES, 

X 

-3 

'M 

AND    DISTRICTS. 

."^    S 

rt 

K 

« 

u 

o  % 

'o 

" 

X 

o 

^ 

'o 

B  o 

'"J 

T3  2 

t; 

c 

o 

£ 

i 

<r. 

•= 

X> 

(T 

.= 

:t 

= 

.= 

fc 

3 

-p 

"o 

— 

o 

_, 

c 

'rt 

fi 

^ 

3 

O 

— 

O 

zi 

-2 

%. 

o 

o 

=  " 

r* 

*<c 

? 

(^ 

^ 

- 

< 
.1 

t> 

i-^ 

Maine.  (District)     - 

. 

00,123 

100,968 

Massachusetts, 

- 

- 

- 

- 

- 

142,645 

415,107 

_ 

- 

- 

2,340d 

154,700 

New  Hampshire, 

- 

- 

- 

30.700 

17,100 

100,500 

V'ermont, 

- 

- 

90,700 

- 

193,500 

s 

.■> 

10 

1,246 

102.000 

Rhotle  IsLmd, 

- 

- 

- 

- 

106,300 

4,987 

009,992 

9 

9 

17 

3.970 

Connecticut, 

- 

- 

- 

- 

- 

- 

500,009 

_ 

- 

8 

16,180 

New  Yorii, 

- 

_ 

- 

101 

101,014 

- 

000,035 

11 

10 

01 

3,359 

362.000 

New  Jersey, 

- 

- 

- 

- 

- 

31,524 

94,050 

_ 

- 

10 

5,859 

361,932 

Pennsylvania. 

1 

500 

050 

530 

474,904 

45,369 

1,088,046 

44 

6 

50 

26,878A 

1.301.343 

Delaware, 

- 

- 

- 

- 

500 

7,067 

09,795 

Maryland, 

- 

- 

- 

106 

- 

97.995 

301,710 

9 

1 

10 

5,500 

049,653 

Virginia, 

- 

- 

- 

270,007 

- 

397,979 

10 

2 

18 

0,930| 

171,310 

Ohio, 

- 

- 

- 

- 

- 

- 

- 

- 

3 

1,187 

109,090 

Kentucky, 

- 

- 

- 

- 

- 

- 

- 

- 

4 

4 

1.000 

North  Carolina, 

- 

- 

- 

- 

25,200 

79,400 

East  Tennessee, 

- 

- 

- 

- 

47,844 

_ 

- 

.") 

- 

10,779 

West  Tennessee,     - 

- 

- 

- 

- 

- 

- 

- 

_ 

_ 

4 

587 

85,098 

South  Carolina, 

- 

- 

- 

43 

- 

8,036 

36.045 

Georgia. 

Orleans  Territory.   - 

- 

- 

- 

15 

- 

4,500 

36,480 

Mississippi  Territory. 

Louisiana  Territory. 

- 

- 

- 

14 

Indiana  Teri-itory. 

niinois  Territory. 

Michigan  Territory, 

- 

- 

- 

2 

- 

600 

3,800 

Columbia,  (District,) 

1 

- 

- 

6 

- 

10,000 

60,000 

88 

32 

500 

050 

842 

1,095,465 

457,666 

4,303,744 

153 

53,908| 

0.981.277 

Iron 

Worl 

-4',  and  Manvfuctures  of  Iron  and  .S'/ffZ— Continued. 

Bloomerles. 

Forg-es. 

Trip  Hummers. 

Rolling' and  Slitting- 

Mills. 

STATES.    TERRITORIES. 

CO 

^ 

X 

- 

1 

^ 

1^ 

m 

A\D  DISTRICTS. 

!S 

rt 

5 

1        _53 

? 

? 

^    A 

= 

c.    5 

~z 

r"   ^ 

~^ 

Xj 

■3  g 

";:; 

c 

o 

o 

■o 

X 

CJ 

X 
X 

■SI    --r. 

■: 

— 

o 

rs 

3 

'X 

- 

3 

O 

Ti 

"Z 

O 

O 

n 

:z; 

r" 

)>■ 

'^ 

i- 

.^ 

'A 

T" 

'' 

^. 

r" 

r™ 

-^ 

Maine,  (District)    - 

' 

14 

Massachusetts, 

- 

- 

- 

37 

1.418 

214.012 

11 

- 

- 

- 

- 

1,900 

- 

318.600 

New  Hampsiiire,     - 

_ 

- 

- 

5 

1.100 

151.200 

40 

Vermont,     - 

o 

- 

18.800 

27 

921 

113.040 

05 

-        78,574 

Rhode  Island, 

o 

- 

- 

3 

50 

10.500 

35 

- 

0,500 

1 

- 

- 

20 

3,300 

Connecticut, 

- 

- 

- 

18 

1.450 

183.910 

30 

- 

91,140 

0 

New  York, 

7 

010 

21.000 

48 

1,084 

108.400 

49 

_ 

- 

1 

- 

- 

230 

.33.120 

New  Jersey, 

77 

0.289 

139.835 

25 

1 .035 

130.450 

6 

600 

48,000 

3 

- 

- 

850 

30,000 

Pennsylvania. 

4 

- 

16,000 

78 

10.909 

1.150.105 

50 

73,496 

18 

4,502 

98 

- 

606,426 

Delaware.     - 

_ 

- 

5 

215 

23,220 

- 

V 

- 

- 

1,200 

150,000 

Maryland,    - 

_ 

- 

- 

15 

0.435] 

280.990 

1 

"" 

000 

•X 

- 

- 

480 

04.000 

Virginia. 

8 

- 

- 

28 

0,740 

3 13.980 

10 

09,780 

•2 

- 

- 

4,500 

Ohio, 

1 

50 

9.400 

Kentucky,    - 

- 

■ 

- 

o 

52^ 

10,600 

North  Carolina, 

18 

- 

- 

- 

- 

1 

- 

- 

East  Tennessee. 

0 

- 

17.799 

3 

- 

38,278 

West  Tennessee,     - 

- 

- 

- 

4 

05 1 J 

72,108 

South  Carolina, 

9 

Georgia, 

1 

13.1 

3,000 

1 

- 

3,080 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Endiana  Teiritury. 

[liinois  Territory. 

Michigan  Territoiy. 

Columbia  (District) 

135 

310 

' 

0,504  i 

020,034 

330 

04,541     0,874,063 

000 

327,898 

34 

4,500 

1.998  2,780 

1,215,946 

696 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


Iron  Works,  and  Manufactures  of  Iron  and  Steel — Continued. 

Naileries. 

Boring- 

Mills 

Gun  Smiths. 

STATES.  TERRITORIES, 

-a 

, 

AND  DISTRICTS. 

'3 

o 

J3 

'6 

2 

CO 

o 

lU 

.a 

s 

3 

in    ^ 

C 
3 
O 

G 

3 

o 

g 
3 

ir. 

o 
5 

_3 

^  o 

C 

■3 

3 

§          ■ 
E 

'<^ 

PU 

> 

2; 

o 

U 

> 

C5 

U 

K 

O 

< 

Maine  (District) 

6 

1,265,594 

19,929 

Mass;iciiusetts, 

- 

- 

715,585 

. 

- 

- 

- 

- 

- 

- 

19,095 

229,085 

New  Hampsiiire, 

14 

203,840 

19.150 

Vermont, 

67 

322,560 

34,560 

Rhoiie  Island, 

6 

164.700 

16,470 

- 

- 

- 

- 

1 

800 

- 

9,600 

Connecticut, 

18 

- 

27.092 

- 

- 

- 

- 

- 

- 

4,400 

- 

49,050 

New  York, 

44 

2,292,960 

275,155 

New  Jersey, 

11 

957,480 

96,346 

- 

- 

- 

- 

1 

- 

1,500 

- 

- 

15,000 

Pennsylvania, 

175 

7,270,825 

760,862 

3 

1,670 

106 

8,745 

115 

- 

7,470 

2,389 

307 

176,370 

Delaware, 

1 

201,600 

16.200 

Maryland, 

21 

1,841,280 

160,150 

- 

- 

- 

- 

- 

10 

- 

155 

20 

6,150 

Virginia, 

- 

714,795 

82,446 

- 

- 

30 

2,490 

- 

- 

- 

1,720 

3,468 

83,343 

Ohio, 

24 

- 

64,723 

Kentucky, 

11 

196,000 

33,660 

North  Carolina, 

2 

- 

- 

- 

- 

- 

- 

- 

- 

- 

1,350 

- 

14,950 

East  Tennessee. 

4 

- 

107,406 

- 

- 

- 

- 

- 

- 

- 

6,845 

West  Tennessee,     - 

3 

88,480 

20,8"0 

South  Carolina, 

1 

- 

100 

- 

- 

- 

- 

- 

13 

179 

- 

3,600 

Georgia, 

1 

187,800 

23,475 

Orleans  Territory,   - 

- 

- 

- 

- 

- 

- 

- 

- 

10 

Mississippi  Territory, 

liouisiana  Territory, 

- 

- 

- 

- 

- 

- 

4 

Indiana  Territory,   - 

1 

20,000 

4,000 

Illinois  Territory. 

Michifjan  Territory. 

Columbia  (District) 

3 

410 

15,727,914 

3,478,139 

1,670 

136 

11,235 

117 

37 

14,349 

5,614 

22,890 

593,993 

Iron  T'Forh,  and  Mamfactures  of  Iron  and  Steel- 

—Continued. 

Swords. 

Dlacksmiths. 

Steel. 

Saws. 

Wire 

Drawing. 

Wire  Workers. 

STATES,  TERRITORIES, 

c 

AND  DI.STRICTS. 

y 

■^ 

p 

en 

aj 

"o 
-d 

•SI 

3 

'c 

o 

^1 

o  o 

o 

C 

o 

J.J    o 

t«  — 

QJ 

.3 

o 

•— 

^ 

'^ 

3  -3 

O  'o 

" 

s 
;5 

O 
_3 

a.  ■ 
o 

CO 

It  .-. 

_3  .3 
> 

^ 

fe 

2 
^5 

o 
_3 

> 

3 

> 

c 

o  .5 

3 
< 

3 

1)  -c 
3 

> 

Maine  (District)     . 

Massachusetts, 

565,718 

1 

20 

4,000 

24,912 

New  Hampshire.     . 

Vermont, 

61 

26,485 

Rhode  Island, 

1 

50 

10,500 

Connecticut. 

New  York. 

New  .lersey. 

, 

1 

300 

45,000 

. 

. 

1 

Pennsylvania, 

, 

2,562 

1,572,627 

531J 

81,147 

o 

19,000 

1 

2,000 

6 

18,700 

Delaware. 

Maryland,    . 

, 

137 

20,905 

Vn-gniia, 

1,031 

5,405 

3.998 

1 

15 

3,750 

Ohio. 

Kentucky- 

North  Carolina, 

, 

3,000 

540,000 

East  Tennessee. 

"West  Tennessee. 

South  Carolina, 

255 

86,138 

- 

1 

339 

Georgia. 

Orleans  Territory,   . 

. 

87 

•244,000 

Mississippi  Territory. 

Louisiana  Territory, 

33 

Indiana  Territory. 

Illinois  Territory,     . 

. 

15 

Michigan  Territory. 

Columbia  (District) 

2 

1,081 

5,405 

6,150 

3,059,871 

4 

9171 

144,736 

2 

19,000 

1 

26,912 

6 

18,700 

*  This  is  the  value  of  work  in  only  twenty-five  shops. 


1814.] 


DIGEST   OF  MANUFACTURES. 


697 


General  Exhibit — Continued. 


STATES,  TERRITORIES, 
AND   DISTRICTS. 


Maine,  (District)     - 
Massaciiusetts. 
New  Hampshire. 
Vermont. 
Rhode  Island. 
Connecticut. 
New  York. 
New  Jersey,    - 
Pennsylvania,  - 
Delaware. 
Maryland, 
Virgmia, 
Ohio. 

Kentucky. 
North  Carolina. 
East  Tennessee. 
West  Tennessee. 
South  Carolina. 
Georgia. 

Orleans  Territory- 
Mississippi  territory. 
Louisiana  Territory. 
Indiana  Territory. 
Illinois  Territory. 
Michigan  Territory. 
Columbia,  (District) 


Iron  If'orks,  and  Mannfacl'nreH  of  Iron,  and  Steel — Continued. 


Phines. 


25.000 


25,000 


c 


19,000 
*42,000 


61.000 


Door  Locks. 


"4, 


9.'36 


380 


1,316 


o 


4.680 


760 


.440 


Aug-ers  and  bitts. 


bo 
3 


£ 


24.000 


24,000 


3  .ti 


2,000 


8,400 


10,400 


Cutlery. 


c 
o 


y- 


111 


ill 


-3  _; 


■z:--c^ 


113.300 


113.360 


Currv  Combs. 


o 

a 


1.248 


1,248 


o 

13 


■a 


3,433 


3,432 


STATES,  TERRITORIES, 
AND  DISTRICTS. 


Maine,  (District) 

Massachusetts. 

New  Hampshire. 

Vermont. 

Rhode  Island, 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania,  - 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 


Iron  Works,  and  Mannfactures  of  Iron  and  Steel — Continued. 


Flat  Irons. 

^ 

fee 

." 

-d 

-3 

3    ?i 

?  5 
-d 

be 

OJ 

3 

»». 

> 

2,000 


2,000 


Files 


o 


3,000 


Hydraulic  F,n- 
gines. 


o 


4.000 


25.000 


Tacks. 


S 


11,000,000 


1  3,000  3         29.000       11,000,000        2,000        1         1,220         1,525 


2,000 


Wood  Screws. 


1,220 


1.525 


*  This  includes  the  value  of  screw  aug'ers  and  hatchets. 


698 


FINANCE. 


[1814. 


General  Exhibit— Continued. 


Iron  Works, 

^c.  1 

Manufactures  of  Gold, 

Silver, 

5'e/  //'or^. 

and  mixed  Metals. 

V 

in  6 

Clocks  and  Watches. 

Gold  and  Silver  Work 
and  Jewelry. 

Tin  and  Cop- 
per Ware. 

Tinplate  Work. 

jj    bo 

O.S 

^  '6 

3   a 

1^    O 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

J2 

1j 
11 

.3 

i 

o 

2 

£ 

3 

2; 

8.S 

O  J= 

a.  ii 

13  is 
> 

E 
o 

en 

a. 

O 

V 

3 
"a 
> 

t 

H 

Value  in 
dollars. 

Value  in 
dollars. 

4) 
_3 

>■ 

Maine,  (District) 

Massacliiisetts, 

- 

- 

- 

- 

46,185 

. 

161,625 

_ 

. 

_ 

73,715 

New  Hampshire. 

Vermont, 

_ 

_ 

- 

25 

350 

_ 

_ 

1 

1,200 

Rhode  Island. 

Connecticut,    - 

- 

- 

- 

- 

- 

_ 

- 

- 

- 

_ 

139,370 

New  York. 

New  Jersey,    - 

15,000 

- 

- 

- 

. 

- 

- 

- 

_ 

29,250 

Pennsylvania,  - 

_ 

- 

- 

- 

_ 

901,250 

Delaware. 

Maryland, 

- 

- 

9 

- 

3,880 

o 

- 

- 

- 

11 

91,500 

Virginia, 

- 

- 

- 

7,027 

. 

4,300 

_ 

52,915 

Ohio. 

Kentucky. 

North  Carolina, 

- 

135,160 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory,  - 

_ 

- 

•20 

- 

40 

- 

30 

Mississippi  Territory, 

-. 

- 

- 

- 

- 

- 

- 

- 

1 

7,200 

Louisiana  Territory, 

_ 

- 

- 

- 

- 

3 

- 

_ 

- 

2 

Indiana  Territory. 

Illinois  Teriitory. 

Michigan  Territory. 

Columbia,  (District) 

31 

15,000 

135,160 

29 

25 

57,442 

45 

1,067,175 

54,115 

14 

341,035 

Manufactm 

'es  of  mixed  Metals. 

Brass  Foundries. 

Copper,  Brass,  &: 
Tin  Manufactures. 

P3   V. 

3  -3 

Type  Foundries 

Plating  Manu- 
factories. 

STATES,  TERRITORIES, 

tT 

AND    DISTRICTS. 

a> 

s 

■n 

"3 

•73 

en 

3 
o 

1^ 

6 

-3 

E 

S 

o  s 

E 

3 

12; 

o 

"a 
> 

Pounds. 

Value  in 
dollars. 

o 

O 

Value  in 
dollars. 

c 

3 
2 

Maine,  (District.) 

Massachusetts, 

_ 

_ 

> 

45,135 

29.964 

New  Hampshire. 

Vermont. 

Rh:)de  Island, 

1 

6,000 

4 

,500 

Connecticut, 

4 

_ 

- 

- 

- 

1 

- 

49,200 

New  York. 

New  Jersey, 

- 

- 

- 

- 

- 

- 

- 

- 

•3 

18,350 

Pennsylvania, 

_ 

- 

109 

- 

361,690 

- 

75,000 

Delaware. 

Maryland,    - 

6 

- 

61 

,500 

1 

- 

- 

1 

Virginia, 

" 

- 

2,240 

1,680 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory 

Louisiana  Territory, 

- 

- 

1 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia  (District.) 

11 

6,000 

66 

,000 

111 

47,375 

393,334 

2 

75,000 

49,200 

2 

18,350 

1814.] 


DIGEST    OF    MANUFACTURES. 


699 


General  Exhibit— Continued. 

Mamifaclures  of  mixed  Metals — Continued. 

stills  made. 

Manufactures  of  mixed 
Metals. 

Coffee  Mills. 

Hell  Foundries. 

AND   DISTRICTS. 

.S 

c 

3 

O 

a. 

<A 

£ 

^ 

tr. 

O 

c 

O 

y 

o 

J3     i/ 

o 

"^ 

13 

'♦J 

C  ^3 

'^ 

u 

r- 

>, 

c 

■J-' 

C 

^ 

O    C 

S 

3 

c 

4; 

2 

_3 

6 

3 

_3    O 

V 

"£ 

K- 

a 

r^ 

X 

<^ 

^ 

^ 

I.* 

p^ 

Maine,  (District.) 

Massachusetts, 

- 

- 

350,791 

151,481 

- 

- 

- 

_ 

21,410 

8,555 

New  Hamphire. 

Vermont. 

Rhode  Island. 

Connecticut. 

New  Yoriv. 

New  Jersey, 

- 

- 

- 

- 

2 

Pennsylvania. 

- 

- 

- 

- 

4,000 

6,000 

10 

. 

63,000 

Delaware. 

Maryland,    - 

20 

1,600 

Virsjinia, 

768 

76,800 

Ohio. 

Kentucky. 

North  Carolina. 

- 

4.000 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District.) 

788 

83,400 

350,791 

151,481 

2 

4,000 

6,000 

10 

21,410 

71,555 

Ma? 
M 

lufaetiircs  of  mixed 
elah — Continued. 

Lead,  and  Manufactures  of  Lead. 

Metal  Buttons. 

Lead  in  Pigs. 

Black  Lead. 

.■K    3 

Leaden  Shot. 

STATES,  TERRITORIES, 

AND   DISTRICTS. 

o5 

P 

a 

t 

en 

OQ 

a 

o 

o 

o 

-a 

"3 

4J 

Ji 

6 

_o 

c 

.S 

an 

4J     r- 

c 

• 

c 

3 

c 

o 

_3 

_3  .= 

> 

Tons. 

c 

C 

o 

"5 

Maine,  (District.) 

Massachusetts, 

- 

~ 

20,000 

- 

200 

New  Hampshire. 

Vermont, 

- 

- 

400 

Rhode  Island. 

Connecticut, 

- 

155,000 

102,125 

New  York. 

New  Jersey. 

Pennsylvania, 

1 

3,640 

- 

- 

- 

1 

420 

369 

6 

575 

Delaware. 

Maryland. 

Virginia, 

- 

- 

300 

156 

26,520 

- 

- 

- 

- 

- 

2,040 

Ohio. 

Kentucky 

North  Carolina. 

East  Tennessee. 

W^est  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory- 

Louisiana  Territory. 

- 

- 

- 

- 

- 

- 

- 

- 

2 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District.) 

1 

158,640 

125,825 

156 

26,720 

1 

420 

369 

8 

575 

2,040 

700 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


« 

Lead^  and  Manufactures 

Soap,  and  Candles  of  Tallow,  Wax,  and  Spermaceti,  Spring  Oil, 

« 

of  Lead — Continued. 

and  fi'hale  Oils. 

0)   o 

Plumber's  work. 

Soap  and  Tallow  Candles. 

STATES,  TERRITORIES, 

AND    DISTRICTS. 

-=  (/; 

Tallow  Candles. 

c 

T3    «    3 

(U 

a 
o 

a. 

o 

o 

H  ^    • 

■/ 

EC 

5i| 

s 

-0 

"o 
-a 

X 

o 

o 

3 

'alue  0 
low   C 
and  So 

Value  in 

S 

c 

3 

>— 1 

:> 

^"4 

dollars. 

fl. 

f^ 

p.. 

1> 

Pounds. 

Barrels. 

Dollars. 

Dollars. 

Maine,  (District)     - 

. 

. 

345,000 

31,650 

Massachusetts, 

- 

- 

- 

- 

1,436,550 

217,060 

2,043,720 

4,190 

258,097 

New  Hampshire. 

Vermont. 

Rhode  Island, 

_ 

- 

- 

- 

90.000 

15,000 

Connecticut. 

New  York. 

New  Jersey, 

- 

- 

- 

- 

- 

11,529 

- 

- 

3,846 

Pennsylvania, 

290,380 

73,000 

25 

1,500,984 

- 

3,283,960 

- 

- 

512,338 

Delaware. 

Maryland,    - 

- 

- 

■• 

7 

- 

- 

- 

- 

95,000 

Virginia, 

- 

- 

- 

- 

270,918 

47,081 

783.704 

- 

78,730 

Ohio. 

Kentucky. 

Nortii  Carolina, 

- 

- 

- 

1 

8,000 

1,000 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

- 

1 

30,000 

0,000 

100,000 

- 

12,500 

Orleans  Territory,  - 

- 

- 

- 

4 

9,902 

1,980 

166,294 

19,955 

Mississippi  Territory. 

Louisiana  Territory, 

- 

- 

- 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory, 

- 

- 

- 

1 

0,500 

2,350 

37,000 

- 

4,750 

Columbia,  (District.) 

296,380 

3 

72,000 

44 

3,358,884 

302,606 

6,759,678 

4,190 

409,528 

607,338 

Soap,  and  Candles  of 

Tallow,  If  ax,  and  Spermaecti,  Spring  Oil,  and  Whale  Oils— 
Continued. 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

Spermaceti 
Candles. 

o 

Id 

.S 

White  Wax 
Candles. 

Spermaceti  and  Whale  Oil. 

Spring-  Oil. 

C 

o 

a, 

a 
"o 

V 
3 

o 
o 

3 

-a 
1 

II 

Spermaceti 
Oil. 

O 

^  ^_ 

Dollars. 

C 
O 

u5 

4) 

3 

- 

Gallons. 

Gallons. 

1 

Maine,  (District) 

Massachusetts,  - 

New  Hampshire. 

Vermont. 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania,    - 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Loui.siana         do. 

Indiana            do. 

Illinois              do. 

Michigan          do. 

Columbia,  (District) 

465,000 

178,300 

- 

'2 

- 

28,000 

77,696 

249,728 

240,520 

550 

1,100 

465,000 

178,300 

2 

28,000 

77,690 

249,728 

240,520 

550 

1,100 

1814.] 


DIGEST  OF   MANUFACTURES. 


"01 


General  Exhibit — Continued. 


Manufactures  qf  Iliilcn 

and 

tSklns. 

Glue. 

l{;iz(>r  Strops. 

Furriers. 

C'ntgiit. 

Morocco. 

Tanneries. 

STATES,  TERRITORIES, 

•Ji 

AND  DISTRICTS. 

.= 

■r. 

z^ 

o 

;_ 

rt 

■h 

b 

'TS 

■3  ,;, 
u  o 

3 

C 

II 

3  '^ 

c 

"o   o 

3      r- 

O 

•r 
O 

u 

•s. 

3 

■r: 

o 

"^ 

O 

i-. 

•5 

~/ 

c« 

rt 

~ 

zi  ■" 

c 

— 

— 

^ 

>■ 

s 

f 

y. 

.-* 

^ 

^ 

a 

f^ 

^ 

J5 

Maine.  (District) 

_ 

. 

200 

26,990 

Massachusetts, 

- 

- 

~ 

- 

- 

2,000 

- 

21,K17 

130.100 

174,596 

New  Hampshire. 

- 

- 

- 

- 

- 

- 

- 

- 

230 

Vermont. 

- 

- 

- 

- 

- 

- 

- 

- 

205 

Rhode  Island,    - 

- 

- 

" 

- 

- 

- 

- 

rA?.\ 

4,000 

52 

1.5,971 

Connecticut, 

- 

- 

- 

- 

~ 

- 

- 

- 

408 

New  York, 

- 

- 

- 

- 

- 

- 

- 

I3,0.S3 

219,800 

867 

151,165 

New  Jersey, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

248 

46,515 

Pennsylvania,    - 

53,200 

O 

2,000 

4 

22,000 

- 

t 

8,820 

165,400 

715 

Delaware, 

- 

- 

- 

- 

- 

- 

25 

Maryland, 
Virginia. 

500 

: 

_ 

_ 

~ 

- 

_ 

- 

191 

442 

273,829 

Ohio,      - 

- 

- 

- 

- 

- 

- 

- 

- 

217 

Kentucky, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

207 

North  Carolina, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

150,868 

East  Tennessee. 

West  Tennessee, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

59 

11.924 

South  Carolina, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

83 

13,557 

Georsiia. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

31 

18,621 

Orleans  Territory. 

- 

- 

_ 

- 

- 

- 

- 

- 

10 

13,570 

Mississippi     do. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

10 

Louisiana       do. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

/ 

Indiana           do. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

18 

Illinois            do. 

- 

. 

- 

- 

- 

- 

- 

- 

- 

9 

1,300 

Michigan        do. 

- 

. 

- 

- 

- 

- 

- 

- 

- 

J 

1,360 

Columbia,  (District)     - 

- 

- 

- 

- 

" 

- 

- 

■" 

5 

53.70G 

2 

2,000 

4 

22,000 

2,000 

9 

44, 053 1 

519,360 

4.310 

900,206 

JManufactures  of  Hides  and  Skins — Continued. 


< 

Tanncric-s — Continued. 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

i 

o 

t« 

g.         1 

5--C  - 

-s-^ 

O    -.r 

o  ^ 

X  '2. 

O     r- 

O    ■-    3 
3  ^    rt 

oj  '■C 

°  X. 

■  ^  -^ 

—  "3    3 

—    in 
S5^ 

en  +i 

^    t 
3  J 

~  J'- 

5  t5 

P 

E  ~ 

3    o 

^■7 

>  -1    3 

H^H 

s 

^ 

z 

;S 

Dollars. 

Dollars. 

Maine,  (District) 

_ 

28,163 

_ 

_ 

. 

231,174 

Massachusetts,   - 

- 

- 

05.888 

- 

2,800 

62,536 

- 

1.212.979 

New  Hampshire, 

- 

- 

853.390 

- 

- 

- 

251,700 

Vermont, 

- 

- 

- 

1.731.520 

- 

- 

- 

386,500 

Rhode  Island,     - 

- 

99.004 

9,263 

- 

208 

1 .070 

- 

93,183 

Connecticut, 

- 

- 

- 

- 

- 

- 

- 

476.339 

New  York, 

- 

- 

210.445 

- 

- 

61,618 

- 

1.079.742 

New  Jersey, 

- 

20,320 

9,000 

- 

3,674 

123.482 

386,187 

Pennsylvania, 

- 

- 

- 

- 

- 

- 

- 

1,599,044 

Delaware, 

32,180 

- 

- 

14.330 

- 

- 

- 

111,271 

Maryland, 

215.844 

- 

- 

- 

- 

- 

744,336 

Virginia. 

- 

_ 

- 

- 

- 

- 

- 

676.076 

Ohio. 

- 

_ 

- 

- 

- 

- 

153.581 

Kentucky, 

70,432 

- 

- 

- 

- 

- 

- 

255,212 

North  Carolina, 

- 

- 

- 

- 

- 

- 

- 

396,645 

East  Tennessee, 

- 

- 

- 

- 

- 

- 

- 

46,937 

West  Tennessee, 

- 

- 

- 

- 

- 

- 

- 

48,140 

South  Carolina. 

- 

- 

- 

- 

- 

- 

- 

40,671 

Georgia. 

- 

- 

500 

- 

- 

- 

- 

68,873 

Orleans  Territory, 

- 

- 

7,390 

- 

- 

- 

- 

05,270 

Mississippi     do. 

- 

- 

- 

- 

- 

- 

- 

39,590 

Louisiana       do. 

Indiana           do. 

- 

- 

. 

- 

- 

- 

- 

9.300 

Illinois            do. 

- 

- 

- 

- 

- 

- 

- 

7,750 

Michigan        do. 

- 

- 

- 

- 

- 

- 

7,750 

Columbia,  (District) 

318,450 

99,604 

341,969 

2,608,240 

3,008 

128.898 

123.482 

1       8,388,250 

89 


tt 


702 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


Manufactures  of  Hides  and  Skins — Continued. 


Shoes,  Boots,  Slippers, 

Trunks,  Saddles,  Bridles,  and  Harness. 

STATES,  TERRITORIES, 

Ji  tfi 

tfl 

eft     J. 

AND  DISTRICTS. 

i 

03  p. 

c 
o 

fi 

CO 

dJ  fP  o. 

o  » 

1)  "S 

11  ii 

h 

en 

5^ 

en 

Valu 

hoe.s, 
id  Sli 

ll 

3-13 

o 

cc  a 

:2 

en 

en  rt 

Pairs. 

Number. 

Number. 

Sets. 

Dollars. 

Dollars. 

Dollars. 

Maine,  (District) 

129,364 

_ 

. 

_ 

135,281 

24,678 

Massachusetts.    - 

_ 

2.218,671 

- 

- 

- 

- 

2,201,792 

- 

188,726 

New  Hainpsliire. 

Vermont, 

304,280 

- 

- 

- 

- 

375,765 

- 

127,840 

Rhode  Island, 

37,000 

2.350 

- 

1,650 

- 

27,000 

7,050 

21,000 

Connecticut. 

New  York. 

New  Jersey, 

- 

342.793 

- 

- 

- 

- 

427,685 

Pennsylvania, 

- 

1,327,776 

14,372 

- 

88,818 

Delaware, 

- 

34,898 

- 

- 

- 

53,748 

Maryland, 

331 

306,462 

- 

94 

12,150 

*1,135 

500,500 

- 

177,944 

Virginia, 

_ 

266,643 

- 

- 

- 

566 

601,122 

_ 

251.159 

Ohio. 

Kentucky. 

North  Carolina, 

- 

- 

- 

- 

- 

220,000 

East  Tennessee, 

- 

- 

- 

- 

5,347 

- 

27.045 

West  Tennessee. 

South  Carolina, 

26 

6,5:20 

- 

- 

- 

- 

15,856 

- 

15,675 

Georgia. 

Orleans  Territory, 

162 

61,264 

- 

- 

- 

- 

122,528 

Mississippi    do. 

Louisiana      do. 

12 

- 

- 

3 

Intiiaiia          do. 

Illinois           do. 

6 

- 

3 

Michigan       do. 

- 

- 

- 

1 

60 

- 

- 

- 

720 

Columbia,  (District) 

537 

5,035.372 

16,722 

102 

102,678 

1,701 

4,686,624 

7,050 

834,787 

Manufactures  of  Hides  and  Skins — Continued. 

Boot 

s.  Shoes,  &c. 

Moccasins. 

Dressed  Buckskins,  Leather  Gl 

oves,  and  Overalls. 

STATES,    TERRITORIES, 

shoes, 
ppers, 
d    sad- 

ddlery, 
d  shoe 
of  lea- 

>'alue  of 

> 

o 

Leather 

'i 

Is- 

AND  DISTRICTS. 

'o'-S  i 

f^  ^ 

harness. 

c  .i 

c  -n 

g-loves. 

13    _. 

dj 

o  ,„-.= 

'.5   a 

'.5  "^ 

3  a 

a   *  °^'z 

Valu 
oots, 
unks 
ery. 

alue 
shoe 
bind 
thcr. 

ti 

%'i- 

alue 
buck 
ther 
over 

K^ 

n 

P 

> 

Dollars. 

Dollars. 

Dollars. 

Pairs. 

Val .   in 
doUs. 

Pail's. 

Number. 

Dozen  of 
pairs. 

Dollars. 

Maine,  (District) 

Massachusetts, 

- 

- 

- 

- 

- 

- 

- 

4,875 

- 

14,625 

New  Hampshire. 

Vermont, 

- 

- 

- 

- 

- 

- 

- 

12i 

- 

138 

Rhode  island. 

- 

- 

- 

- 

- 

- 

- 

1,800 

1 

10.800 

Connecticut. 

- 

231,812 

New  York. 

New  Jersey. 

Pennsylvania, 

3,126,107 

- 

3,500 

300 

150 

200 

- 

2,696f 

- 

21.148 

Delaware. 

Maryland. 

Virginia. 

- 

- 

11,320 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia, 

- 

- 

- 

- 

- 

- 

100 

- 

- 

100 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

3,126,107 

331,812 

14,820 

300 

150 

200 

100 

9,384^ 

1 

46,811 

*The  value  is  included  in  the  value  of  saddlery. 


1814.] 


DIGEST   OF    MANUFACTURES. 


703 


General  Exhibit — Continued. 


Mamifaclur 

ev  from  Seeds 

Cirabi 

Fruit, 

uiid  Cane, 

(infilled  and  fermented. 

Mustwd. 

Kluxsted  Oil. 

Spirits  Distilled. 

STATES,  TERRITORIES. 

■u 

■•-• 
'•1 

AND  DISTRICTS. 

Cl 

t 

o 

■Ji 

O    w 

o 
3 

V) 

3 

5 

tfi 

Spi 
from 
grain 

X    p 

" 

2 

-^ 

<: 

Sh 

^ 

'■Si 

i.** 

''.^ 

•/■- 

(iallons 

(ialloiis. 

Dollars. 

Maine,  (District)     - 

. 

. 

2,000 

3,000 

4 

100,300 

107,200 

Mai^sachiisftts, 

- 

- 

- 

■y.i 

11,100 

•10,982 

- 

- 

380,210 

2.172,000 

1.028,326 

New  IIaiHi)sliire, 

- 

- 

- 

19 

20.500 

22, 1 00 

18 

- 

135,950 

- 

74,450 

A'ennoiit, 

- 

- 

- 

20 

50,037 

50,(i37 

125 

- 

173,285 

- 

129.964 

Rhode  Ishiiul, 

- 

- 

i> 

9,500 

11,950 

15 

- 

1,193,398 

848,240 

Connecticut, 

- 

- 

- 

21 

01,712 

500 

- 

1,374.404 

- 

811,144 

New  York, 

- 

- 

28 

33,127 

■H.7H4 

591 

. 

2,107,243 

1,085,794 

New  Jeisey, 

- 

- 

0 

29.000 

29,0<IO 

727 

- 

1,102,272 

015,125 

Pennsylvania, 

3 

25,500 

10,200 

171 

521,375 

518,121 

3,594 

- 

0,5.52.284 

- 

3.980.045 

Dehiware, 

- 

- 

- 

- 

- 

- 

51 

- 

27,000 

- 

15,480 

Maryhmcl, 

- 

- 

K! 

10,375 

14.950 

1,509 

- 

733,012 

127.700 

509,060 

\iri;inia, 

- 

- 

- 

32 

2S,902 

28,902 

3,002 

- 

2,307,589 

- 

1.711,079 

Ohio, 

- 

- 

- 

1 

3,752 

3,941 

343 

- 

1,212.200 

- 

580,180 

Kentucky, 

- 

- 

- 

il 

4,005 

4,005 

2,000 

- 

2.220,773 

- 

740,242 

Nortli  Carolina, 

- 

- 

- 

;i 

5,230 

5,205 

- 

5,420 

1,380.091 

- 

758.005 

East  1  ennessee. 

- 

- 

- 

- 

1.800 

- 

- 

335,198 

_ 

107,599 

West  Tennessee,     - 

- 

- 

- 

- 

- 

- 

750 

- 

400,047 

- 

233,360 

South  Carolina, 

- 

- 

- 

1 

100 

100 

- 

1.458 

430.853 

- 

297,060 

Georgia, 

- 

- 

- 

- 

- 

126 

- 

545,212 

- 

462,390 

Orleans  Territory,   - 

- 

- 

- 

- 

- 

- 

17 

- 

- 

227,935 

157,025 

Mississippi  1  eri-itmy. 

- 

- 

- 

- 

- 

- 

0 

Louisiana  Feiritory, 

- 

- 

- 

- 

- 

28 

Indiana  Territory,   • 

- 

- 

- 

- 

- 

28 

- 

35.950 

- 

16,230 

Illinois  Territory,    - 

- 

- 

- 

- 

- 

19 

_ 

10,200 

- 

8,670 

Michigan  Territory, 

- 

- 

- 

- 

8 

- 

20,400 

14,172 

Columbia,  (District) 

- 

- 

- 

- 

- 

- 

4 

25,500 

10,200 

383 

770,583 

848.809 

14,191 

0,884 

22,977.107 

2.827.025 

15,558,040 

STATES,  TERRITORIES, 
AND  DISTRICTS. 


Grain,  Fruit,  andCanr  Liquors,  distilled  and  fermented. 


Beer,Alc,&.  Porter,  brew'd. 


Maine,  (District) 

Massachusetts, 

New  Hampshire. 

Vermont, 

Rhode  Island, 

Connecticut. 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia, 

Ohio, 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia, 

Orleans  Territory. 

Mississippi  'Territory 

Louisia!ia  Territory, 

Indiana  'Territory,  . 

Illinois  'Territory. 

Michigan  Territory. 

Columbia,  (District) 


>  u,  ^ 
1)   o   o 

■^  -^  c 
Sao 

a) 


42 
6 

48 


22,400 


60,890 
2,170 

71,273 

470 

9,330 

4,251 

1,110 


1,878 


132 


2.900 


86,450 


340,766 

17,229, 

376,07-: 

7,016 

69,380 

23,898 

5,712 


11.268 


Wines. 


SQ 


o 


o  o   " 


17.100 


182,690    955,791 


96 


101 


6,000 


6.000 


67 


iaC 


Dollars. 


4.990 


3,386 


Dry  Manufactures  from  Grain. 


Starcli  ami  Hair  Powder. 


Quantit\, 


Pounds. 


\'alue. 


Dollars. 


6,000 


142 


14,376 


358,000 
157.314 


Wafers. 


Value 
made. 


41.706 
29,000 


Dolls 


5,000 


515,314 


rO.766 


5,000 


704 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


• 

Maniifactxirts  of  Wood. 

Shipping'. 

Boats. 

Cabinet  Wares. 

Chairs. 

Wag-ons. 

STATES,  TERRITORIES, 

AND  DISTRICTS. 

6 

'^ 
^  X 

oT   . 

r2 

"Value  in 

X 

'3 

Value  in 

P  4S 

s 

§  rt 

^3 

Value  in 

dollars. 

yi 

dollars. 

--§ 

Zi 

^^ 

t 

£ 

dollars. 

C 

M 

M 

^ 

o 

3 

O 

C! 

o 

H 

ca 

H 

S 

> 

S 

i>- 

^ 

2; 

Maine.  (District) 

Massachusetts, 

23,410 

656.095 

• 

- 

- 

- 

318,622 

- 

1,694 

96,060 

2,260 

43,600 

New  Hampshire. 

Vermont, 

- 

- 

- 

- 

- 

- 

118.450 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvanb, 

13,197 

1,001,930 

- 

389 

19,450 

480 

657.870 

- 

- 

- 

- 

8.658 

014,625 

Delaware. 

Maryland. 

- 

- 

- 

- 

- 

50 

017,043 

Virginia, 

- 

- 

- 

- 

- 

- 

114,557 

. 

507 

9,105 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory.  - 

- 

- 

- 

- 

- 

50 

Mississippi  Territory. 

Louisiana  Territory, 

- 

- 

■2 

- 

- 

6 

- 

1 

- 

- 

3 

Indiana  Territory. 

Illinois  Territory,    - 

- 

- 

o 

- 

1 ,060 

6 

Michigan  Territory- 

Columbia,  (District) 

3(J,607 

1,658.025 

1 

389 

00,710 

596 

1,426,510 

1 

2,001 

105,185 

3 

10,918 

258,225 

Manufactures  of  Wood — Continued. 

Carriag'es. 

Coopers'  Mares. 

^^■ater  turnin£ 
Machuies. 

=- 

Saddle  Trees. 

STATES,  TERRITORIES, 

a, 

If 

AND  DISTRICTS. 

2      6 

. 

-g 

Value  in 

A'alue  in 

C 

A'alue  in 

«| 

C 
"3 

Value  in 

c 

dollars. 

C. 

O 

dollars. 

dollars. 

o 
o 

p 

dollai's. 

^ 

'4, 

^ 

55   " 

'A 

S5 

S 

o 

Maine,  (District)     - 

. 

9.000 

Massachusetts. 

_ 

733 

100.674 

_ 

37.995 

69,318 

New  Hampsiiire. 

Vermont. 

Rhode  Island. 

Connecticut. 

- 

- 

68.855 

New  York. 

New  Jersey. 

- 

- 

l:-29,500 

Pennsylvania. 

51 

- 

578,816 

958 

- 

345,887 

5 

8,400 

- 

10 

_ 

0.705 

Delaware. 

Maryland. 

00 

- 

397,500 

- 

- 

. 

- 

- 

- 

1 

1.500 

750 

\  irginia. 

- 

1.680 

143,504 

. 

1,047 

345 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

W^est  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

16 

- 

_ 

_ 

, 

_ 

. 

1 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory.    - 

- 

- 

_ 

Michigan  Territory. 

Columbia,  (District) 

89 

0,413 

1,449,849 

965 

39,040 

415,550 

5 

8,400 

t 

11 

1,500 

3,455 

1814.] 


DIGEST    OF    MANUFACTURES. 


General  Exhibit— Continued. 


705 


STATES,   TERRITORIES, 
AND  DISTRICTS. 


Manufactures  of  J  food — Continued. 


Lasts,  and 
Boot  Trees. 


Prints  cut. 


Maine,  (District) 

Massachusetts, 

New  Hampshire. 

Vermont. 

Rhode  Island, 

Connecticut. 

New  York. 

New  Jersey, 

Pennsylvania. 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Teriitory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territoiy. 

Columbia,  (District) 


3,000 


3,000 


i^ 


Printing'  Pres- 
ses. 


G,000 


0,000 


O    p    al 

3    w    O 
-3    l/TS 


•20,000 


00,000 


Bark  gToiind. 


26 


S" 


3 


.3,, 000 


3,500 


Baskets. 


g 


34,01i 


9,i0G 


M,OI; 


9,406 


Itakes. 


3 
<, 


o 


11,000 


11,000 


o 

•a 


1,870 


1,870 


STATES,  TERRITORIES, 
AND  DISTRICTS. 


Maine.  (District) 

Massachusetts, 

New  Hampshire. 

Vermont, 

Ivliode  Island. 

Connecticut, 

New  York. 

New  Jersey. 

Pennsylvania. 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

Nortli  Carolina, 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans,  (Territory) 

Mississippi,    do. 

Louisiana,     do. 

Indiana,         do. 

Illinois,         do. 

Michigan,      do. 

Columbia.  (District) 


Manufactures  of  Wood — Continued. 


Manufactures  of  Essences  and  Oils,  of  and 
from  wood. 


Corks,  cut. 


W 


OJ    o 


5,000 


5.000 


Wooden  Clocks. 


Number. 


4 
14,565 


14,569 


Value, 
in  dollars. 


36 
123,955 


12-2,991 


Num'r. 


*6,312 


i» 


-  o 


31,000 


6,312  131,000 


Essence  of 
Spruce. 


3 

O 

a. 


1,250 


1,250 


2,500 


2,500 


Oil,  or  Spirits  of  Turpentine,  and 
Varnish. 


.^H 


24 


V  O  '^ 

t.  <ii    3 

o  5  o 

-  c  a. 

r:  o  3 

O  ""  B 


Gallons. 


6,000 


94,900 


100,900 


Turpentine 
Spirits  aiic 
Varnish. 

Value  of 

spirits  of 

turpentine 

and  varnish 

Gallons. 

Dollars. 

22,000 


18,000 


20,650 


138,000 


22,000      176,650 


•The  value  of  these  is  included  in  the  value  of  Hatteries. 


706 

FINANCE. 

[1814. 

1 
1 

General  Exhibit — Continued. 

Refined  Sugar. 

■ 

Manufactures  of  Paper. 

Sugar  Refined. 

Paper  made. 

1 

Paper  stamped. 

t3 

(A 

oi 

QJ 

X 

STATES,  TERRITORIES, 

o 

^ 

^ 

fc0  4i 

i2 

AND  DISTRICTS. 

o 
(a 

9 

m 

■}i 

yi 

o 

.s 

4) 

«3 

o 

3 
> 

(£ 

o 

O 

^ 
>" 

Oh 

3 

>- 

Maine,  (District.)    - 

3 

4,500 

. 

. 

16,000 

Massacliusetts, 

_ 

422,000 

82,400 

- 

95,129    2 

2,500 

- 

290,951 

New  Hampshire, 

_ 

- 

- 

6 

- 

- 

- 

42.450 

Vermont, 

_ 

- 

- 

11 

23,350 

- 

- 

70,050 

Rhode  Ishmd, 

2 

- 

- 

3 

14,625 

- 

88| 

53,297 

- 

8,000 

8,000 

Connecticut, 

_ 

- 

- 

19 

- 

- 

- 

82,188 

New  York, 

10 

2,474,742 

420,706 

28 

77,756 

- 

233,268 

New  Jersey, 

_ 

- 

- 

14 

10.380 

- 

- 

49,750 

Pennsylvania, 

U 

3,364,590 

605,618 

64 

165,981 

- 

340 

626,749 

4 

140,000 

97,417 

Delaware,     - 

_ 

- 

- 

4 

- 

- 

- 

75,000 

Maryland,    - 

7 

755,879 

150,000 

9 

22,200 

- 

- 

77,515 

Virginia, 

_ 

- 

- 

4 

3,000 

- 

- 

22,400 

Ohio, 

_ 

- 

- 

o 

- 

- 

- 

10,000 

Kentucky,    - 

- 

- 

- 

6 

6,200 

- 

- 

18,600 

North  Carolina, 

_ 

- 

- 

3 

2,400 

- 

- 

6,000 

East  Tennessee, 

- 

- 

2 

- 

- 

- 

15,500 

West  Tennessee. 

South  Caroiina, 

- 

- 

- 

1 

Georgia. 

Orleans,  (Territory) 

1 

50,000 

13,000 

Mississippi     do. 

Louisiana       do. 

Indiana          do. 

Illinois           do. 

Michigan        do. 

Columbia,  (District.) 

2 

800,000 

144,000 

1 

33 

7,867,211 

1,415,724 

179 

425,521 

22,50t 

4281 

1,639,718 

4 

148,000 

105,417 

Mannfactiires^of 
Paper — cont'd. 

Marble,  Stone,  and  Slate  Manufactures. 

Playing-  Cards. 

u-ble  manufac- 
tured. 

Mai-ble  sawed. 

O 

Mill  Stones. 

Cm 

o 

•^  i 

9  ?; 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

u5 

T- 

i—T 

■Ji 

1% 

,       X 

3w 

^ 

[fi 

^  « 

"C> 

C 

O                      1- 

"o 

5    . 

"o 

^'s. 

_4J 

"d 

1- 

o 

N) 

o 

i              2. 

s 

> 

-T3 

6 

O 

c 

'si 

3    S" 

1 

Value  in 

% 

^H 

>             < 

^ 

5 

i> 

o 

S 

d   o 

K-     X 

dollars. 

Maine,  (District.) 

Massachusetts, 

- 

97,500 

- 

16 

89,400 

38,000 

- 

- 

- 

13,000 

New  Hamoshire. 

Vermont. 

- 

1 

20,000 

10,000 

Rhode  Island. 

Connecticut, 

- 

- 

11,000 

New  York. 

New  Jersey. 

3,000 

3,750 

Pennsylvania, 

4 

- 

42,900      2 

2        340,150 

o 

- 

30,000 

2,965 

Delaware,    - 

Maryland,    - 

- 

- 

2           10,000 

- 

- 

- 

- 

1 

6,000 

1,000 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

goulli  Carolina. 

Georgia. 

Orleans,  (Terntory.^ 

Mississippi,   do. 

1 

Louisiana,     do. 

Indiana,         do. 

lUinois,          do. 



Michigan,      do. 

Columbia.  (District. 

) 

4     3,000 

144,150      \ 

24        361,150 

19 

109,40U 

78,000 

2,965 

1 

6,000 

14,000 

1814.] 


DIGEST    OF    l^IANUFACTURES. 


707 


General  Exhibit — Continued. 


Glass  Manufactures. 

Earthen  Manufactures. 

Glass,  made. 

Glass,   cut. 

I'ottcrs'  Wares. 

STATES,  TERRITOIIIES, 

AND  DISTRICrS. 

yT 

be  OS 

o 

-3 

• 

p 

<U  ^ 

"1 

—       T. 

X 

—    7 

J 

U-0 

o   3 

3    C 
a!  ••- 

% 

T:   ~^ 

o 

rt 

O 

;/■. 

«o 

^ 

u 

^ 

3- 

a- 

r^ 

Maine,  (District) 

Massachusetts, 

- 

- 

- 

36,000 

- 

- 

- 

18.700 

]Nevv  Hauipshire. 

Vermont, 

- 

- 

_ 

- 

- 

1 

4,150 

Rhode  Island. 

Connecticut, 

2 

- 

- 

27,360 

- 

- 

12 

- 

30,740 

New  York, 

4 

3,805,000 

- 

608,800 

New  Jersey, 

4 

322,000 

7,600 

120,444 

- 

o 

- 

35,850 

Pennsylvania, 

8 

- 

- 

144,800 

1 

1,000 

164 

056.000 

164,520 

Delaware. 

Maryland, 

3 

540,000 

7,000 

72,600 

- 

- 

3 

- 

360 

Virgniia, 

- 

- 

- 

- 

- 

- 

3 

- 

2,400 

Ohio. 

Kentucky. 

North  Carolina. 

East  'I'ennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans,  (Territory) 

- 

- 

- 

- 

- 

- 

1 

600 

Mississippi,    do. 

Louisiana,       do. 

- 

- 

- 

- 

- 

- 

4 

Indiana,          do. 

Illinois.            do. 

Michigan,       do. 

Columbia,  (District) 

1 

300,000 

- 

36,000 

- 

1 

- 

3,000 

23 

4,967,000 

14,600 

1,040.004 

1 

1,000 

194 

656,600 

259,720 

Manufactures  of  Tobacco. 

American  Cig 

ars. 

Spanish  C 

1 
igars.                     Manufactured  Tobacco  and  Snuft'. 

STATES,  TERRITORIES, 

o 

o 

—       . 

AND  DISTRICT.S. 

'/■ 

«i 

-S  1^ 

=S 

o 

.— 

rf 

O    u 

* 

rf 

o 

ci 

<r-  ^ 

e-d 

0- 

c  r 

^ 

P 

•^ 

^^   o 

o 

>-> 

X  t; 

tfi 

s 

rS] 

t. 

C 

i^ 

°  3 

E 

^^  d 

§ 

1 

'2 

3 

o 

a 

o 

o    =    ^' 

Pounds. 

Founds. 

Founds. 

Dollurs. 

Maine,  (District) 

Massachusetts, 

- 

- 

- 

- 

- 

- 

118,400 

- 

37,281 

New  Hampshire. 

Vermont. 

Rhode  Island, 

- 

- 

- 

- 

~ 

1 

Connecticut. 

New  York. 

- 

- 

- 

- 

- 

- 

2 

- 

200,000 

26.000 

45,200 

New  Jersey. 

Pennsylvania, 
Delaware, 

- 

29,061,000 

44,253 

!l 

3,898,999 

26,550 

67 

2,186,757 

- 

410,910 

- 

- 

- 

- 

- 

2 

- 

71,800 

17,950 

Maryland, 

- 

- 

- 

- 

■■ 

- 

9 

- 

- 

- 

200,000 

Virginia, 

- 

- 

- 

- 

- 

- 

- 

2,726,713 

- 

- 

469,000 

Ohio. 

Kentucky. 

North  Carolina, 

- 

- 

- 

- 

•• 

- 

1 

- 

- 

- 

200 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans,  (Territory) 

400 

- 

- 

- 

- 

- 

- 

- 

51,625 

- 

9,034 

Mississippi,      do. 

Louisiana.       do.     - 

Indiana.           do. 

Illinois.            do. 

Michigan,        do. 

Columbia.  (District) 

402 

29,061,000 

44,253 

9 

3,898,999 

26..550 

82 

5.031,870 

251.025 

97.800 

1,189,575 

708 


FINANCE. 


[1814. 


General  Exhibit — Continued. 


Drugs,  Dye  Stuffs,  Paints 

4-c.  and  Dying. 

Drugs. 

Nitre,  Brimstone, 

Glauber  Salts. 

Copperas. 

Turme- 

Prussian 

Blue. 

Borax,  &c. 

rick. 

STATES,  TERRITORIES, 

AND   DISTRICTS. 

"o 

'O' 

■Ji 

X 

^ 

en 

■T. 

c 

c   . 

•z 

t- 

cS 

cd 

1) 

■E 

OJ    tn 

'"  s 

o 

O 

o 

O 

o 

■^  £ 

-0 

-c 

-tS 

-o 

Xl 

o 

E 

a; 
3 

2 
o 

- 

'9- 

OJ 

3 

'2 

0) 

•3 

3 

0) 

3 

C3 

a 

c 

O 

rt 

O 

rt 

s 

> 

i-l 

c 

r' 

^ 

<■ 

P~ 

K- 

Oh 

> 

Ph 

K" 

Maine,  (District) 

Massachusetts, 

- 

- 

- 

- 

1.350 

334,238 

13,369 

New  Hampshire. 

Vermont, 

- 

- 

- 

- 

- 

- 

- 

8,960 

1,200 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey, 

- 

30,000 

Pennsylvania, 

8 

12G,950 

1 

360 

244.100 

- 

- 

- 

- 

- 

- 

3,000 

6,000 

Delaware. 

Maryland, 

- 

2,150 

- 

- 

- 

- 

- 

- 

200 

40 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee,    - 

- 

- 

- 

- 

- 

598 

148 

50,600 

6,350 

South  Carolina. 

Georsjia. 

Orleans,  (Territory) 

11 

Mississippi,     do. 

Louisiana,        do.    - 

5 

Indiana,           do. 

Illinois,           do. 

Michigan,        do. 

Columbia,  (District) 

24 

159,100 

1 

3G0 

245,450 

334,829 

13,517 

59,560 

7,550 

200 

40 

3,000 

6,000 

Drugs,  Dye  Stuffs.  Paints,  ^-c. 

and  Dying. 

Hope  Walks. 

Paint. 

Lampblack. 

Printers'  Ink. 

Dying. 

Cables  and  C 

ordage. 

STATES,  TERRITORIES. 
AND   DISTRICTS. 

05 

ij 

■n 

•E 

^oT 

o 

ork,  in 

s. 

o 

"o 

'  Ll 

a   t 

&    3 

cJ 

"2 

t5 

.= 

o 

X 

3 

o  o 

? 

6 

_c 

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3 

3 

ii-^ 

C 

O 

o  '^ 

o 

u; 

3 

O 

rf 

— 

r3 

o 

'  — 

.^ 

'_,' 

o 

5? 

H 

> 

^ 

^ 

Ch 

'^ 

" 

^ 

'^ 

E-i 

> 

Maine.  (District)     - 

. 

. 

11 

586| 

234,600 

Massachusetts. 

- 

- 

- 

- 

- 

6,000 

3,000 

- 

- 

- 

2,846i 

1,068,044 

New  Hampshire. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

195 

58,500 

Vermont. 

Rhode  Island, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

13 

545 

163,500 

Connecticut,    - 

- 

- 

- 

- 

- 

- 

. 

- 

18 

- 

243,950 

New  York, 

- 

- 

- 

- 

- 

- 

_ 

- 

- 

18 

1,345 

538,000 

New  Jersey.    - 

1 

100 

32.500 

Pennsylvania, 

- 

- 

- 

1 

4,000 

- 

*40 

29,025 

35 

933^ 

357,498 

Delaware. 

- 

- 

- 

- 

- 

- 

- 

- 

2 

250 

12,800 

Maryland, 

- 

- 

- 

_ 

- 

- 

- 

- 

- 

21 

1,080 

561,800 

Virginia, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

5 

- 

162,413 

Ohio. 

Kentucky, 

- 

- 

- 

- 

- 

- 

- 

- 

38 

1,99U 

398,400 

North  Carolina, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

2 

- 

26,000 

East  Tennessee, 

- 

- 

- 

_ 

- 

- 

- 

" 

- 

- 

4,000 

West  Tennessee,     - 

- 

- 

- 

- 

- 

- 

- 

- 

2 

li 

435 

South  Carolina. 

Georgia. 

Orleans  Territory,  - 

- 

- 

- 

- 

- 

- 

- 

2 

891 

21,429 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

- 

- 

- 

- 

- 

- 

- 

- 

6 

980 

392,000 

1 

100 

32,500 

1 

4,000 

6,000 

3,000 

40 

29,025 

173 

10,S43| 

4,243,368 

*  The  dyers,  in  many  of  tlie  other  States,  are  returned  with  the  fuUing  mills. 


1814.] 


DIGEST   OF    MANUFACTURES. 


709 


General  Exhibit — Continued. 


Manufactures  of  Hair. 

Various  <^  Miscel.  Manufactures. 

Brushes. 

Horse-h.iir 
Clotli. 

Sieves. 

Curled  Hair. 

Hand 

Itellows. 

Chocolate. 

STATES,   TERRITORIES, 

<r 

c 

oi 

id 

^ 

. 

AND  DISTRICTS. 

03 

V 

E 

-a 

O 

13 

O 

-3 

o 

13 

<v 
d 

E 
c 

N 
O 

t 

E  « 

6 

3 

.£ 

_3 

c 

■/ 

c 

o 

C 
_3 

3 

E| 

c 

rt 

C 

3 

-3 

\^, 

Q 

r^ 

% 

<^ 

'A 

r' 

^ 

p- 

^ 

1^ 

Y*- 

"<-, 

CL 

> 

Maine,  (District; 

Massachusetts, 

- 

UGOfi 

4,000 

- 

- 

- 

- 

- 

- 

- 

- 

255,500 

73,100 

New  Hampshire. 

Vermont, 

- 

- 

- 

- 

- 

86i 

!    384 

Rhode  Island. 

Connecticut. 

New  York, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

1 

30,000 

8,550 

New  Jersey,    - 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

1 

300,000 

60,000 

Pennsylvania, 

24 

- 

94,760 

1 

5,400 

- 

- 

- 

- 

- 

.> 

6,500 

- 

210,200 

41,740 

Delaware. 

Maryland, 

2 

- 

21,000 

- 

- 

- 

- 

5 

- 

3,037 

- 

- 

1 

9,000 

1,800 

Virginia, 

- 

- 

- 

- 

- 

- 

. 

- 

40 

0      150 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

384 

5 

o 

26 

1,666 

120,760 

1 

5,400 

862 

40( 

)  3,187 

6,500 

3 

810,700 

185,190 

. — 

Various  and  Miscellaneous  Manufactures — Continued. 

Com 

position 

Corn  Brooms. 

Drums. 

Engraving. 

Book  Binding'. 

Artificial 

Om 

aments. 

Flowers. 

frlATES,  TERRITORIES, 

^ 

AND   DISTRICTS. 

c 

c 

- 

.- 

, 

_ 

aj"   . 

-0 

X 

"~ 

c 

^ 

.^ 

•- 

^ 

•^    m 

o 

■r- 

o 

'QJ 

°    .; 

3 
o 

g 

11 

E 
=1 

u  — 

O 

o 

3  "C 

'Si 

0)  — 

2.  o 

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X! 
C 

CA 

rt 

1^ 

'^    rt 

2.  o 

^ 

^ 

^ 

s 

•^ 

M 

> 

ffi 

r' 

S 

i> 

Maine,  (District.) 

Massachusetts, 

- 

- 

70,000 

4,000 

New  Hampshire. 

Vermont. 

Rhode  Island. 

Connecticut. 

' 

New  York. 

New  Jersey,    - 

- 

- 

- 

- 

- 

- 

- 

- 

1 

Pennsylvania, 

1 

6,000 

- 

- 

5 

2,500 

16 

33,200 

102 

107.183 

3 

6,700 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia  (District.) 

1 

16 

6,000 

70,000 

4,000 

5 

2,500 

33,200 

103 

107,183 

3 

6,700 

90 


tt 


710 

FINANCE. 

[1814. 

General  Exhibit — Continued . 

Various  and  Miscellaneous  Manufactures — Continued. 

Gun  Powder. 

Ground  Ginger. 

Tortoise  Shell,  Ivory, 
and  Horn  Manufac's. 

Looking  Glass 
Frames. 

STATES,  TERRITORIES, 

AND   DISTRICTS. 

^'2  »- 

C        A. 

M 

C 

-^ 
C 

£ 

i 

So 

1 

S 

of  Tortoi 
Ivory,   a 
Manufact 
liars. 

ui 

o 

ui 

C 

o 

"3 

-a 
c 

o 

1) 

c  o 
o 

alue 
,hell, 
Horn 
n  do 

CI 

"3 

:g 

a. 

> 



?- 

>■ 

0 

r' 

Pm 

> 

Maine,  (District) 

Massachusetts, 

6 

120,000 

72,000 

- 

- 

- 

49,905 

80,624 

New  Hampshire. 

Vermont, 

1 

1,000 

750 

- 

- 

- 

300 

480 

Rhode  Island. 

Connecticut,    - 

7 

43,640 

- 

- 

- 

70,000 

New  York,       - 

2 

26,000 

10,400 

New  Jersey,     - 

2 

68,700 

61,125 

Pennsylvania, 

2'2 

280,866 

153,825 

2 

57,000 

5,520 

6,740 

31,225 

12 

100,000 

Delaware, 

1 

250,000 

125,000 

Maryland. 

9 

323,447 

164,122 

- 

- 

- 

- 

28,000 

Virginia, 

53 

130,059 

60,767 

Ohio,       - 

6 

12,850 

7,355 

Kentucky, 

03 

115,716 

38,561 

North  Carolina. 

8 

3,000 

2,550 

East  Tennessee, 

- 

- 

26,426 

West  Tennessee,     - 

21 

44,373 

22,186 

South  Carolina. 

Georgia, 

2 

2,500 

1,250 

Orleans  Territory.  - 

3 

15,000 

11,250 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory,  - 

3 

3,600 

1,800 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District.) 

208 

1,397,111 

803,007 

2 

57,000 

5,520 

56,945 

210,329 

12 

100,000 

Various  and  Miscellaneous  Manufactures — Continued. 


Muslin  and  Linen  Printing. 


STATES, TERRITORIES, 
AND    DISTRICTS. 


Maine,  (District) 

Massachusetts, 

New  Hampshire. 

Vermont, 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania. 

Delaware, 

Maryland, 

Virginia, 

Ohio, 

Kentucky, 

North  Carolina, 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory,  - 

Mississippi  Territory. 

Louisiana  Territory, 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 


o   S   o   C 


Yards . 


M 

u 
O    :r. 

*  3 

o  o 
a 


122 


1,061,332 


145,290 


122 


1,061,232 


Value  in 
dollars. 


17,880 


Printing. 


o 


108 


145,290 


17,880 


110 


o  o 

3    - 


3,194 


353,5K 


Salt. 


36 
o 


356,711 


62 


>-  ^ 

cl!    O 
3     P 

a"  - 
(/I 


468,198 


468,198 


366 


366 


■a 


3 


118,757 


800 


10,200 


1,238,365 


3 


r9,526 


600 


600 

1,000 

4,100 

2,050 

7,538 

3,769 

740,000 

704,000 

24,000 

24,000 

324,870 

324,870 

7,500 

3,800 

6,110 


I,149,72f 


1814.] 


DIGEST    OF  MANUFACTURES. 


711 


General  Exhibit — Continued. 


Various  and  Miscellaneous  Manufactures — Continued. 

Suspenders. 

Straw    Bonnets. 

Spectacles. 

Steel  Tliimbles. 

IfTATES,  TERRITORIES, 

AND    DISTRICTS. 

Manu- 

Dozen 

Value,   in 

Number. 

Value  in  dol- 

Value  in 

Dozen. 

Value  in 

facto- 

made. 

dollars. 

lars. 

dollars. 

dollars. 

ries. 

Maine,  (District) 

Massachusetts, 

- 

- 

- 

- 

551,988 

10,000 

2,777 

10,000 

New  Hampshire. 

Vermont, 

- 

- 

- 

38 

1,010 

Rhode  Island, 

- 

- 

7,2G0 

25,800 

Connecticut, 

- 

- 

- 

27,100 

New  York. 

New  Jersey, 

- 

- 

- 

40 

160 

Pennsylvania, 

o 

2,223 

19,049 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

1 

200 

2,000 

3 

2,422 

21,049 

7,680 

606,058 

10,000 

2,777 

10,000 

Various  and  Miscellaneous  Manufactures — Continued. 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

Umbrellas. 

Upholstery. 

Whips. 

Miscellane- 
ousjGoods. 

Makers. 

Value  made, 
in  dollars. 

Uphols- 
terers. 

Value  of  work, 
in  dollars. 

Manufac- 
tories. 

Dozen  made. 

Value  in  dol- 
lars. 

Value  in  dol- 
lars. 

Maine,  (District) 

Massachusetts, 

New  Hampshire, 

Vermont, 

Rhode  Island, 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware. 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory, 

Columbia,  (District) 

7 

43,000 

9 

165.000 

o 

7,050 

7,990 
38,000 

71,612 
34,657 

7 

43,000 

9 

165,000 

2 

7,050 

45,990 

106,269 

712 


FINANCE. 


[1«14. 


A  Summary,  showing  the  value  of  such  of  the  Manufactures  of  (he  several  States,  Territories,  and  Districts,  in 
1810,  as  are  comprehended  in  the  preceding  tables,  excluding  doubtful  articles. 


Maine,  (District)               ........ 

$2,137,781 

Massachusetts,                   .... 

17,516,423 

New  Hampshire,                .... 

3,135,027 

Vermont,                              .... 

4,325,824 

Rhode  Island,                     .               .         ,      - 

*3,079,556 

Connecticut,                       .               .           ,    . 

15,900,560 

New  York,                         .... 

tl4,569,136 

New  Jersey,                       .               ,               . 

4,703,063 

Pennsylvania, 

32,089,130 

Delaware, 

990,711 

Maryland, 

6,553,597 

Virginia,                              .               . 

11,447,605 

Ohio,                                   .... 

1,987,370 

Kentucky, 

§4,120,683 

North  Carolina, 

5,323,322 

East  Tennessee, 

1,156,049 

West  Tennessee, 

1,552,225 

South  Carolina, 

|2. 174,157 

Georgia, 

12,743,863 

Orleans  Territory, 

814,905 

Mississippi  Territory, 

314,305 

Louisiana  Territory, 

34,657 

Indiana  Territory, 

196,532 

Illinois  Territory, 

71,703 

Michigan  Territory, 

37,018 

Columbia,  (District) 

719,400 

Amoun 

t,  in  dollars, 

• 

127,694,602 

^  Summary  of  the  Manufactures  of  the  United  States,  hi  the  year  1810,  so  far  as  they  appear  in  the  preceding  tabu- 
lar statement,  taken  from  the  returns  of  the  Marshals,  and  the  Secretaries  of  the  Territories,  exhibiting  the 
respective  values  of  the  several  descriptions  or  branches  of  manufacture,  and  excluding  doubtful  articles. 


1 
2 
3 

4 
5 
6 
7 
8 
9 

10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 


Goods  manufactured  by  the  loom,  of  cotton,  wool,  flax,  hemp,  and  silk,  with  stockings,  - 
Other  goods,  of  those  five  materials,  spun,  ...  .  ..  .  - 

Instruments  and  machinery  manufactured,  value  -  -  -  -        $186,6507 

Carding,  fulling,  and  floor  cloth  stamping,  by  machinery,  value,  -  -      5,957,816  3 

Hats,  of  wool  and  fur,  &c.  and  of  mixtures  of  them,        -  -  .  -  - 

Manufactures    of  iron.  --------- 

Manufactures  of  gold,  silver,  set  work,  mixed  metals,  &c.  .  ..  -  - 

Manufactures  of  lead,  --------- 

Soap,  candles  of  tallow,  wax,  spermaceti,  spring  oil,  and  whale  oil. 

Manufactures  of  hides  and  skins,  ------- 

Manufactures  from  seeds,  --------- 

Grain,  fruit,  and  cane  liquors,  distilled  and  fermented,     -  -  -  -  - 

Dry  manufactures,  from  grain,  exr/wsiue/y  o/'^OMr,  mea/,  ^■f-        -  .  -  - 

Manufactures  of  wood.       --------- 

Manufactures  or  essences,  and  oils,  of  and  from  wood,    -  -  -  - 

Refined  or  manufactured  sugar,      -------- 

Manufactures  of  paper,  paste  boards,  cards,  &c,  ------ 

Manufactures  of  marble,  stone,  and  slate,  ------ 

Glass  manufactures,  ..--.---.- 

Earthen  manufactures,        -.----..-- 

Manufactures  of  tobacco,     -------- 

Drugs,  dye  stuffs,  paints,  &c.  and  dying,  ------- 

Cables  and  cordage,  -  --------- 

Manufactures  of  hair,  --------- 

Various  and  miscellaneous  manufactures,  ------- 

Amount,  -  .  -  - 


$39,497,057 
2,052,120 

6,144,466 

4,323,744 

14,364,536 

2,463,912 

325,560 

1,766,292 

17,935,477 

858,509 

16,528,207 

75,766 

5,554.708 

179,150 
1,415,724 
1,939,285 

462.115 
1,047,004 

259,720 
1,260,378 

500,182 
4,243,368 

129,731 
4,347,601 


$127,694,602 


*  The  Marshal  of  Rhode  Island  represents  liis  return  as  short  of  the  real  amount  of  manufactures,  by  25  to  35  per  cent. 

\  The  Marshal  of  Connecticut  represents  the  manufactures  of  that  State  as  considerably  greater  than  the  sum  reported. 

{  It  is  presumed  to  be  not  improper  to  note  litre,  that  the  unofficial  estimate  of  the  manufactures  of  the  State  of  New  York,  re- 
ceived from  thence  in  November  last,  and  transmitted  to  the  treasury  in  the  month  following,  including  some  of  those  which  have 
been  classed  as  doubtful,  amounts  to  $33,387,566.     It  is  not  made  by  the  Marshal,  and  is  in  round  numbers. 

§  The  Marshal  of  Kentucky  considers  the  quantity  of  iron  as  much  greater  than  is  reported.  Such  appearances  and  convictions 
occur  throughout  the  United  States. 

B  The  Marshal  of  South  Carolina  represents  the  returns  of  various  cloths  and  distilled  spirits,  in  that  Stiite,  as  not  more  than  one- 
half  of  the  real  value,  and  that,  in  general,  the  manufactures  are  much  more  considerable  than  his  assistants  have  reported. 

1  The  Marshal  of  Georgia  is  decidedly  of  opinion,  that  the  manufactures  of  that  State  amount  to  a  much  larger  sum  than  his  as- 
sistants have  reported. 


1814.] 


DIGEST  OF  MANUFACTURES. 


713 


An  Estimate  of  the  value  of  the  Manvfacliires  of  the  United  Stales,  rxcludinff  the  doubt  fid  articles,  digested  by 
States,  Districts,  and  Territories,  formed  btj  a  consideration  of  all  the  reported  details,  and  by  a  valuation  of 
the  Mamtfactures  which  are  entirely  omitted  or  imperfectly  returned,  for  the  year  1810. 


Maine,  (District) 

Massachusetts, 

New  Hampshire, 

Vermont, 

Rhode  Island, 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia, 

Ohio, 

Kentucky, 

North  Carolina, 

East  Tennessee, 

West  Tennessee, 

South  Carolina, 

Georgia, 

Orleans  Territory, 

Mississippi   do. 

Louisiana     do. 

Indiana        do. 

Illinois  do. 

Michigan      do. 

Columbia,  (District) 


} 


Amount, 


$3,741,116 
21,895,528 

5,225,045 

5,407,280 
♦4,106,074 
17,771,928 
25,370,988 

7,054,594 
.33,691.111 

1,733,744 
11,468,794 
15,263,473 

2,894,290 
^6,181,024 

6,653,152 

3,611,029 

3,623,595 

3,658,481 

1,222,357 

419.073 

200,000 

300,000 

120,000 

50,000 

1,100,000 


$172,762,676 


.^n  Estimate  for  one  year,  ending  on  the  ^Oth  day  of  September,  1790,  of  the  value  of  the  specified  Manufactures, 
actually  inported  from  foreign  countries,  into  the  United  States,  together  with  the  goods  rated  ad  valorem, 
from,  those  countries  and  ports  which  supply  manufactures,  intended  to  exhibit  the  probable  amount  of  foreign 
manufactures  imported,  during  that  year. 


Denominations  and  descriptions 

of  Goods. 

Price  at  that 

Value  of  each  de- 

time. 

nomination. 

Cents. 

Beer,  ale,  and  porter. 

- 

- 

83,734  gallons. 

20 

$16,746  80 

Loaf  sugar. 

- 

- 

140,528  pounds. 

10 

14,052  80 

Candles,  of  tallow. 

- 

- 

6,206 

do. 

10 

620  60 

Do.            wax. 

- 

- 

1,749 

do. 

50 

874  50 

Cheese, 

- 

- 

92,282 

do. 

8 

7,382  56 

Soap, 

- 

- 

13,537 

do. 

10 

1,353  70 

Tobacco,  manufactured. 

- 

- 

928 

do. 

20 

185  60 

SnuflT,      - 

- 

- 

377 

do. 

20 

75  40 

Nails  and  spikes. 

- 

- 

1.808,439 
Cwt.     qrs. 

do. 
lbs. 

7 

126,590  73 

Steel,  unwrought. 

- 

- 

5.428         3 

5 

6 

36,478  00 

Cables,    - 

- 

- 

626         1 

23 

800 

5,059  64 

Tarred  cordage,     - 
Untarred  cordage  and  yarn. 
Twine  and  pack  thread. 

- 

- 

5,151         3 

27 

800 

41,294  34 

- 

- 

894          1 

1 

900 

6,046   15 

- 

- 

676         0 

22 

20 

15,093  60 

Salt, 

1,194,188  bushels, 

at  various  prices. 

- 

109,132  04 

Malt,      - 

5,232 

do. 

- 

- 

60 

3,139  20 

Shoes,  slippers,  and  goloshoes. 

of  leather. 

- 

57.927  pairs. 

100 

57,927  00 

Shoes  or  slippers,  silk  or  stuff'. 

- 

- 

25,729     do 

80 

30,583  20 

Boots,     - 

- 

- 

844     do 

500 

4,220  00 

Wool  and  cotton  cards. 

- 

- 

757  dozens, 

400 

3,028  00 

Cider,  beer,  ale,  and  porter. 

- 

18,166  doz. 

bottles. 

133 

24,160  78 

Packs  of  playing  cards. 

- 

- 

18,552  packs. 

6 

1,113   12 

Value  of  goods  dutied  ad  valor 

e7n. 

not  specified,  but  generally  manufactures. 
Amount, 

14,798.481   21 

$15,295,638  97 

*  It  is  represented,  as  the  concurrent  opinion  of  several  of  the  officers  of  the  Government  of  the  United  States  in  Rhode 
Island,  that  the  increase  of  the  cotton  manufacture  of  that  State,  since  1810,  is  equal  to  thirty-three  and  one-third  per  centum. 

■\  The  Marshal  of  Connecticut  represents  that  there  are  constant  additions  to  the  number  and  capital  of  the  manufactures  in 
that  State. 

i'Fhe  Marshal  of  Kentucky  represents  the  production  of  hemp,  their  greatest  raw  material,  as  doubled  in  many  places,  in  1811, 
and  that  the  capcaity  of  that  State  to'supply  saltpetre  is  very  great 


714 


FINANCE. 


[1814. 


A  statement  of  Exports  of  the  Manufactures  of  the  United  States,  during  one  year,  commencing  the  \st  October, 

1806,  and  ending  the  30th  September,  1807. 


Species  of  Merchandise. 

; 

Quantity  or  value. 

Oil,  Spermaceti, 

gallons. 

44,339 

Whale  and  other  fish. 

- 

_               _               _ 

_ 

do. 

932,797 

Spermaceti  candles. 

Wood — Staves  and  headings 

- 

_               _               _ 

. 

pounds. 

172,132 

- 

-               -               . 

- 

M. 

37,701 

Shingles, 

- 

-               _               - 

_ 

do. 

76,890 

Hoops  and  poles, 

- 

-               -               - 

- 

do. 

3,621 

Boards,  plank,  and 

scantling. 

-               -               . 

- 

M.  feet, 

79,424 

Hewn  timber, 

. 

_               _               _ 

_ 

tons. 

48,855 

Lumber  of  all  kinds, 

- 

-               -               - 

. 

dollars. 

90,469 

Masts  and  spars. 

.               .               _ 

_ 

do. 

21,084 

Oak  bark,  and  other  dye, 

-               -               - 

- 

do. 

19,064 

All  manufactures  of  wood. 

_               _               _ 

_ 

do. 

191.792 

Naval  Stores — Tar,     - 

_ 

-               _               - 

_ 

barrels. 

59,282 

Pitch, 

, 

- 

-       \ 

do. 

5,099 

Rosin, 

_ 

-               _               - 

do. 

3,802 

Turpentine, 

- 

_               _               _ 

_ 

do. 

53,451 

Ashes — Pot, 

- 

- 

_ 

tons. 

5,852 

Pearl, 

_ 

- 

^ 

do. 

2,773 

Flour, 

- 

.               _               . 

_ 

barrels. 

1,249,819 

Meal — Rye, 

- 

-               ..               _ 

. 

do. 

29,067 

Indian, 

, 

- 

. 

do. 

136,460 

Buckwheat, 

_ 

- 

_ 

do. 

30 

Ship  stuff,      - 

- 

-               _               - 

_ 

cwt. 

2,580 

Biscuit,  or  ship  bread. 

- 

-               _               - 

- 

barrels. 

102.431 

Do.            do.      - 

- 

-               _               - 

- 

kegs. 

37,157 

Indigo, 

- 

-               .               _ 

- 

/  pounds. 

18,097 

Mustard, 

_ 

-               _               - 

_ 

do. 

3,817 

Wax, 

_ 

-               -               - 

_ 

do. 

318,636 

Household  furniture, 

.. 

-               -               - 

_ 

dollars, 

113,571 

Coaches  and  other  carriages. 

_ 

-               _               _ 

_ 

do. 

25,390 

Hats,             -              - 

_ 

- 

_ 

do. 

89,653 

Saddlery, 

. 

-               -               — 

' 

do. 

14,252 

Beer,  porter,  and  cider,  in  casks. 

-               -               _ 

_ 

gallons. 

185,359 

Do.        do.        do.      in  bottles. 

-               _               _ 

. 

dozens. 

10,794 

Boots, 

- 

-               _               _ 

_ 

pairs. 

8,053 

Shoes— Silk, 

_ 

„               _               _ 

_ 

do. 

4,068 

Leather, 

„ 

- 

. 

do. 

119,464 

Candles— Tallow, 

- 

-               -               - 

_ 

pounds, 

1,562,847 

Wax, 

- 

-               _               _ 

- 

do. 

361 

Soap, 

- 

-               -               - 

- 

do. 

2,317,398 

Starch, 

-               -               - 

_ 

do. 

24,870 

Hair  Powder, 

_ 

- 

. 

do. 

2,483 

Snuff, 

_ 

-               -               - 

_ 

do. 

46,077 

Tobacco,  manufactured. 

_ 

-               _               - 

_ 

do. 

228,875 

Leather, 

, 

- 

. 

do. 

336,414 

Maple,  and  other  brown  sugars. 

- 

_ 

do. 

17,400 

Bricks, 

_ 

-               _               _ 

_ 

M. 

837 

Spirits,  from  grain. 

. 

-               _               _ 

_ 

gallons. 

32,767 

Bark  essence, 

^ 

-               _               - 

_ 

do. 

25 

Linseed  oil. 

_ 

-               _               - 

. 

do. 

'      5,037 

Spirits  of  turpentine,    - 

- 

-               -               - 

- 

do. 

8,146 

Canvass  and  sail  cloth. 

- 

-               -               - 

_ 

pieces. 

100 

Cables  and  cordage. 

_ 

_               _               _ 

_ 

cwt. 

6,745 

Cards,  wool  and  cotton, 

- 

-               _               _ 

_ 

dozens. 

2,007 

Iron — Pig,     - 

- 

-               _               - 

_ 

tons. 

114 

Bar, 

_ 

-               _               _ 

_ 

do. 

132 

Nails, 

_ 

-               -               _ 

_ 

pounds, 

336,321 

Castings, 

« 

-               -               _ 

_ 

dollars. 

55,394 

All  other  manufactures  of  iron  or  iron  and  steel. 

_ 

do. 

41,239 

Spints,  from  molasses. 

. 

-               -               _ 

_ 

gallons, 

765,916 

Sugar,  i«fined. 

w 

-               _               _ 

_ 

pounds. 

122,586 

Chocolate, 

. 

-               -               . 

_ 

-    do. 

11,389 

Gunpowder, 

_ 

_               _               _ 

_ 

-    do. 

80,287 

Copper,  or  brass,  and  copper 

manufactured. 

- 

dollars. 

12,742 

1814.] 


DIGEST   OF   MANUFACTURES. 


715 


Ji  detailed  Statement  of  the  Goods  made  in  the  United  States,  irhich  are  of  a  douf)tful  nature  in  relation  to  their 
character,  as  manvfuctures,  or  agricultural,  so  far  as  they  have  been  relumed  by  the  marshals,  and  secretaries 
ofterritones,for  the  year  1810. 


Cotton,  pressec 

Flour  and  Meal. 

Malt. 

STATES,  TERRITORIES, 

ri 

3 
o 

C 

=  .S 

"o 

AND  DISTRICTS. 

o   « 

X 

« 

■^ 

O  — 

•f: 

c  o 

'§ 

m 

□ft 

'■^ 

^5, 

o  ^  b 

X 

.= 

3    = 

(T. 

ilue 
ind 
loll 

-    ?i 

ft- 

r^ 

? 

•J 

C2 

a 

-^ 

K* 

-- 

F^ 

Maine,  (District) 

Massaclmsetts, 

- 

- 

- 

84 

509,530 

- 

- 

386,169 

New  Hampshire. 

Vermont, 

- 

- 

- 

- 

- 

- 

- 

- 

100 

100 

Rhode  Island, 

- 

- 

- 

32 

Connecticut, 

New  York. 

New  Jersey. 

Pennsylvania, 

- 

- 

•2,008 

- 

4,024,640 

844,417 

- 

10,800,290 

3,035 

3,303 

Delaware, 

- 

- 

42 

- 

- 

92.400 

30,000 

1.004.200 

Maryland, 

- 

- 

399 

- 

- 

328,484 

- 

2,530,765 

Virginia, 

- 

- 

441 

- 

- 

753.827 

- 

5,529,463 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennesee. 

West  Tennessee. 

South  Carolina, 

- 

- 

3 

202 

- 

4,200 

- 

42,000 

Georgia. 

Orleans  Terntoiy.  - 

14 

6,456 

Mississippi  do. 

Louisiana    do. 

- 

- 

18 

Indiana,       do. 

- 

- 

1 

32 

40,900 

1,500 

- 

52,208 

Illinois         do. 

- 

- 

5 

- 

- 

6,440 

- 

32,200 

Michigan     do. 

- 

- 

- 

4 

Columbia,  (District) 

- 

' 

' 

6 

15,000 

25,000 

211.250 

11 

6,456 

2,957 

350 

4,590.070 

2,056,268 

30,000 

20,588,545 

3,135 

3,403 

HuU 

ing  Mills. 

Pearled  Barley. 

Wi 

nd  Mills. 

Clover  Seed. 

Horse  Mills. 

? 

, 

?i 

-3 

STATES,  TERRITORIES, 

-d 

(L» 

rt 

.i^ 

c 

j^ 

5 

AND  DISTRICTS. 

ii    . 

g  ^ 

o 

0 

P 

1 

2  J 

"2 
5 
o 

X 

> 

<u 

>• 

Bushels  c 
ed. 

Si 

e 

1= 

Maine,  (District.) 

Massachusetts. 

New  Hampshire. 

Vermont. 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey. 
Pennsylvania. 

1 

60 

1 

20,000 

1.100 

_ 

267 

27 

11,650 

54,730 

Delaware, 

- 

- 

•2 

150,000 

10.000 

Maryland, 

- 

- 

- 

3 

Virginia. 

Ohio. 

Kentucky. 

1 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi   do. 

15 

Louisiana    do. 

- 

- 

- 

- 

- 

* 

" 

" 

" 

Indiana        do. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

3 

7,000 

Illinois         do. 

Michigan     do. 

- 

- 

- 

- 

- 

1 

- 

" 

- 

- 

Columbia,  (District. 

) 
1 

3 

4 

20 

60 

170,000 

11,100 

267 

27 

11,650 

54,730 

7,000 

716 


FINANCE. 


[1814. 


Detailed  Statement — Continued. 


,.                                       Saw  mills. 

Pot  and  Pearl 
Ashes. 

Maple  Sugar. 

STATES,  TERRITORIES, 
AND  DISTRICTS. 

(A 

C    rt 

alue  of  maho- 
g-any  sawing, 
in  dollai's. 

1 

13 
V 

alue  of  com- 
mon  wood 
sawed,     in 
dollars. 

«5 

c 
o 

"o 

T3 
C 
11 

■« 

g 
en 

T3 

C 
O 

■a 
a 

e4 

^ 

{^ 

> 

o 

Pk 

>*■ 

H 

> 

s 

PU 

> 

Maine,  (District) 

Massachusetts, 

- 

. 

_ 

150 

11,215,000 

87,335 

123 

20,619 

New  Hampshire. 

' 

Vermont, 

- 

- 

_ 

_ 

- 

. 

1,500 

150,000 

_ 

1,200,000 

120,000 

Rhode  Island, 

- 

_ 

- 

28 

Connecticut. 

New  York. 

New  Jersey, 

- 

- 

6,000 

Pennsylvania, 

21 

700,000 

17,800 

1,995 

73,847,640 

600,430 

- 

820 

- 

1,046,268 

119,345 

Delaware. 

Maryland, 

- 

- 

- 

113 

Virginia, 

- 

- 

- 

112 

- 

- 

- 

- 

- 

1,695,447* 

169,545 

Ohio, 

- 

- 

- 

- 

- 

- 

- 

3,023,806 

302,380 

Kentucky, 

- 

- 

- 

- 

- 

- 

- 

- 

2,471,647 

308,932 

North  Carolina. 

East  Tennessee, 

_ 

„ 

_ 

- 

- 

- 

- 

. 

162,340 

16,234 

West  Tennessee. 

South  Carolina, 

- 

- 

- 

65 

Georgia, 

. 

- 

- 

1 

1,2.52,000 

25,040 

Orleans  Territory,  - 

- 

- 

34 

6,790,000 

339.500 

Mississippi    do. 

Louisiana      do. 

- 

. 

- 

9 

Indiana         do. 

- 

- 

_ 

14 

390,000 

3,900 

- 

- 

- 

50,000 

5,000 

Illinois          do. 

- 

- 

- 

5 

480,000 

12,000 

- 

- 

78 

15,600 

1,950 

Michigan       do. 

Columbia,  (District,) 

21 

700,000 

23,800 

2,526 

93,974,640 

1,068,205 

1,623 

171,439 

78 

9,665,108 

1,043,386 

Sugar  from  tl 

e  cane. 

Molasses. 

Rosin  and  Pitch. 

Slate. 

Bricks. 

STATES,  TERRITORIES, 

Fh 

■^ 

, 

^jj 

. 

V 

. 

AND  DISTRICTS. 

be 

a 

TJ 

o 

-0 

°  B 

o 
-0 

£i 

o 

c 

o   c 
o 

« 

c 

S.3 

_c 

c  g 

4 

p 

-si 

IS 

2  a 

k 

C 

.a   o 

si 

JS 

v.~- 

rt  .2 

a 

rt  ^^ 

3 

"rt — 

3  .° 

■3— 

Ch 

E 

> 

K 

> 

a 

> 

Cf 

w 

fci! 

Z 

> 

Maine,  (District.) 

Massachusetts, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

25,295,000 

139,067 

New  Hampshire. 

Vermont. 

Rhode  Island. 

Connecticut, 

- 

- 

. 

- 

■■ 

- 

- 

- 

- 

- 

2,000 

New  York. 

New  Jersey, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

88,850 

Pennsylvania, 

- 

- 

- 

- 

- 

2.000 

8,000 

1 

6,000 

Ill 

55,066,646 

417,490 

Delaware. 

1 

Maryland. 

Virginia. 

Ohio. 

Kentucky. 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory,  - 

91 

9,671 

712,373 

2,590 

59,235 

- 

- 

- 

29 

14,010,000 

126,090 

Mississippi    do. 

Louisiana      do. 

Indiana         do. 

Illinois          do. 

Michigan       do. 

Columbia,  (District.) 

91 

9,671 

712,373 

3,590 

59,235 

2,000 

8,000 

1 

6,000 

140 

94,371,646 

773,497 

*  This  is  the  quantity  in  the  Marshal's  general  return,  being  1,600,000  pounds  over  the  quantity  returned  by  five  of  the  county 
deputies.     The  rest  are  silent. 

II  II 


1814.] 


DIGEST  OF   MANUFACTURES. 


717 


Detailed  Statement — Continued. 

Tiles. 

Salt  Petrc. 

Indii^o. 

Red  Ochre. 

i  Yellow 
Oclire. 

Hemp 

Mills. 

STATES,  territorib:s 

u5 

-3 

■S 

«i 

AND  districts. 

^ 

O 

o 

c 

S 

_o 

-3 

tt 

H 
S5 

6 

— 

o 

o 
p. 

'r' 

« 

c 

_3 

c 
o 

3 
p 

o  — 

Maine,  (District) 

Massachusetts. 

- 

- 

- 

23,600 

9,30. 

? 

New  Hainpsliire. 

Vermont, 

- 

- 

- 

- 

- 

- 

- 

_ 

_ 

*85 

10,025 

Rhode  Island. 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

3,600 

36 

Delaware. 

Maryland. 

Virginia, 

- 

- 

- 

59.175 

16,24 

Ohio. 

Kentucky, 

- 

- 

- 

201,937 

33,64J 

i 

North  Carolina. 

East  Tennessee, 

- 

- 

- 

- 

2,9K 

{ 

West  Tennessee,    - 

- 

- 

22 

144,895 

18,32t 

) 

- 

_ 

10,000 

2,00C 

Soutii  Carolina. 

Georgia. 

Orleans  Territory,  - 

100,000 

4.050 

- 

- 

- 

40 

45,  SCO 

45.800 

Mississippi  Territory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

100.000 

4.250 

22 

429,607 

80,434 

40 

45,800 

45,800 

10,000 

2,000 

85 

10,025 

3,600    36 

Hemp. 

Fisherie.s. 

Lime. 

Cotton 
Gins. 

Plaster  of  Pa 
ris  ground. 

Tobacco. 

states,  territories. 

AND  DISrRICT.S. 

^ 

•-C    o 

C4-   '^ 

E 
o 

r. 

o 

— 
C 

31 

n  dollars. 

eft 

o 

^     V 

<V  '^ 

a; 

'_j 

ij 

^ 

■V  c 

_3 

"5 

—1   <5 

~.2 

t5 

~ 

2 

§1 

_o 

> 

o 

3 

> 

Maine.  (District) 

Massachusetts, 

- 

- 

5,400 

44,550 

New  Hampshire. 

Vermont. 

- 

- 

- 

- 

- 

18,320 

6,412 

Rhode  Island. 

- 

- 

- 

- 

14 

035.200 

.58,800 

Connecticut. 

New  York. 

New  Jersey. 

Pennsylvania. 

l-6th. 

'25 

- 

- 

475 

1.001.610 

132.477 

- 

- 

3,345 

40,890 

Delaware- 

Maryland. 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

5,100 

204,000 

Virginia. 

Ohio. 

Kentucky, 

5.755 

690,600 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Territory . 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory. 

Columbia,  (District) 

5,755| 

690,6-25 

5,400 

44,550 

489 

1,555,130 

197,689 

3,345 

10,890 

5,100 

204,000 

91 


*  Equal  to  one  hundred  and  ninety-thousand  four  hundred  pound*, 
tt 


718 


FINANCE. 


[1814. 


Detailed  Statement — Continued. 


Horses,  Neat  Cattle,  and  Sheep,  of  various  breeds,  so  far  as  returned  in  the  year  1810. 


Horses. 

Neat  Cattle. 

Sheep. 

STATES,    TERRITORIES,    AND 

■S  '^ 

„J2 

0   and 

mon 

mixed. 

moun- 
■  broad 
d. 

mon 
as  ex- 
named 
eturns. 

Whole  No. 
returned,  meri- 
noes,  mixed, 

Tunis,  and 
common. 

DISTRICTS. 

■5  2 

lerin 
com 

eds, 

unis, 

in,  01 

taile 

Com 

eeds, 
essly 
the'i 

S  ^ 

<.       ^ 
^ 

H  $ 

C.    t.    _ 

Number. 

Number. 

Number. 

Number. 

Number. 

Number. 

Number. 

Maine,  (District.) 

Massachusetts, 

- 

- 

73 

2,062 

- 

103,141 

105,276 

New  Hampshire. 

Vermont, 

_ 

_ 

, 

~ 

_ 

_ 

450,000 

Rhode  Island. 

Connecticut, 

- 

- 

. 

_ 

_ 

- 

400,000 

New  York. 

New  Jersey, 

- 

- 

- 

- 

- 

10,153 

10,153 

Pennsylvania, 

255,645 

612,998 

357 

4,071 

759 

613,036 

618,223 

Delaware. 

Maryland. 

Virgmia. 

Ohio. 

Kentucky, 

North  Carolina. 

East  Tennessee. 

West  Tennessee. 

South  Carolina. 

Georgia. 

Orleans  Territory. 

Mississippi  Tei-iitory. 

Louisiana  Territory. 

Indiana  Territory. 

Illinois  Territory. 

Michigan  Territory,  - 

- 

- 

1 

_ 

. 

- 

1000 

Columbia  (District.) 

•255,645 

612,998 

431 

6,133 

759 

726,330 

1,584,652 

^  Summary,  by  States,  Territories,  and  Districts,  of  the  Goods  made  in  the  United  States,  which  are  of  a  doubt- 
ful nature,  in  relation  to  their  c'>aractcr  as  manufactures  or  agricultural,  so  far  as  they  have  benn  returned  by 
the  Marsluds,  and  Secretaries  of  T'erritorics,  for  the  year  1810. 


Maine  (District,) 

Ma.ssachusetts, 

New  Hampshire. 

Vermont, 

Rhode  Island, 

Connecticut, 

New  York.* 

New  Jersey, 

Pennsylvania, 

Delaware, 

Maryland, 

Virginia, 

Ohio, 

Kentucky, 

North  Carolina. 

Evist  Tennessee, 

"W^est  Tennessee, 

South  Carolina, 

Georgia, 

Orleans  Territory, 

M>ssis.sippi  do. 

Louisiana    do. 

Indiana 

Illinois 

Michigan 

Columbia,  (District) 


do. 
do. 
do. 


Amount, 


$687,043 

280,537 

58,800 

2,000 

94,850 
12,203,063 
1,014,200 
2.734,765 
5,715,252 
303,380 
1,033,180 

19,147 
20,326 
42,000 
25,040 
1,293,704 


61,108 
46,150 

211,250 


$25,850,795 


*The  whole  of  the  grain,  peas,  beans,  pickled  and  smoked  meat,  lard,  butter,  cheese,  and  lumber,  (or  boards  and  scantling, 
staves,  heading-,  hoops,  shingles,  &c.)  of  the  State  of  New  York,  were  unofficially  computed  in  round  numbers,  in  November,  1812, 
to  amount  to  22,600,000  dollars,  agreeably  to  tlie  document  transmitted  to  the  treasury. 


1814.] 


DIGEST  OF   MANUFACTURES. 


719 


Part  IV. 

Ji  series  of  tables  of  the  several  branches  of  American  Manufactures,  exhibiting  them  in  evenj  countij  of  the  Union, 
so  far  as  they  were  returned  in  the  reports  of  the  Marshals,  and  of  the  Secretaries  of  the  Territories,  and  of  their 
respective  assistants,  in  the  autumn  of  the  year  l.siO:  together  with  returns,  in  similar  local  detail,  of  certain 
doubtful  goods,  productions  of  the  soil,  and  agricultural  slock. 


DISTRICT  OF  MAINE— Manuractuies. 


Cotton  (ioods,  in  fami- 

o 

Blended  and  unnamed    Woollen  Goods,  in  fami- 

Woollen  nianunict\ir- 

lies. 

S  c 
3'M 

Clotlis  and  Stuff  s. 

lies. 

&C. 

iiii,^  Kstablishments. 

COUNTIES. 

r 

:■» 

■J. 

rt 

o  -n 

:« 

U 

CJ   =' 

_C 

_o 

s 

0^ 

X 

OJ 

S  5^ 

» 

■n 

•^ 

0 
J 

4- 

p   t^ 

'J 

r 

7t 

_ 

J^  -^ 

rt 

rt 

r3 

~ 

= 

'■z 

— 

^ 

^ 

z 

i^ 

> 

> 

,f 

Z 

*^ 

f 

York, 

201,997 

80, 798, 'V 

1 

295,273 

73,818|   j 

91,272 

54,763  f^y 

Ciimbeiiand,     - 

160,198 

64,879^5 

1 

193,733 

49,683^ 

151,082 

90,649^ 

1 

2,000 

5,2.J0 

Lincnln. 

1 '32.389 

48,955/=ff 

1 

134,713 

33,6784:   1 

170,989 

102.593^1;^ 

Washington, 

43,766 

n,506pV 

- 

45,000 

11,250 

42,534 

25.520^ 

Hancock, 

66,746 

26,698  fV 

- 

62,747 

15,686J 

104,460 

62,676 

Kennebeck. 

108.266 

43,306^^„- 

- 

139.281 

34,8201 

122.107 

73,264f>, 

Oxford, 

49,678 

19,871^7, 

- 

90,857 

22,7141 

72.859 

43.715i 

Somerset. 

56,872 

22,748,\ 

54,443 

13,610| 

57,493 

34,495/„- 

1 

Total  amounts, 

811.912 

324,764fL 

3 

1.021,047 

255,26  If 

812,796 

487,G77JV 

2,000 

5,250 

"o 

CarcUng-  Ma- 

Fulling- 

Mills. 

Hatteries. 

t 

Xaileries. 

chines. 

r. 

QJ 
0 

e 

COFNTIES. 

.= 

= 

= 

— ' 

*  "o 

X 

r 

j" 

— 

X 

piH 

— 

■J-. 

^  5 

r^; 

CJ 

rt 

c 

13 

— 

•r 

" 

i  ^ 

"Z 

— 

-^ 

L. 

^ 

; 

o     - 

O 

:^    '^ 

O 

t« 

- 

C^ 

t.- 

^ 

,-, 

o   — 

c 

C 

o 

C 

-•i 

C 

c 

1) 

■^ 

^ 

Cj 

0 

- 

x 

.= 

o  o 

*^ 

_^ 

•J: 

^ 

^ 

,  r: 

j^ 

w 

^ 

o 

'*' 

s  ^ 

^ 

■ 

- 

p 

— 

— 

— 

o 

C 

^ 

— 

■_i 

~ 

-J 

— 

— 

— 

:: 

■_J 

g; 

is 
10 

3> 

12 

'^ 

-"* 

100 

b 

^ 

z 

Z 

Z 

- 

¥^ 

York, 

3.514 

49.850 

61,726 

15,43U 

4,83: 

>       9.670 

Cumberland.     - 

3.226 

8 

64.000 

h 

64,531 

16.132,5 

580 

20.361 

81,444 

0 

- 

1 

1.200.000 

9.500 

Lincoln. 

3,080 

22 

167,000 

11 

81,750 

20.437.^ 

100 

9,13t 

18.276 

- 

3 

1 

5.994 

749 

Washington,     - 

378 

1 

3,500 

1 

2,000 

500 

Hancock, 

1,568 

9 

28,800 

4 

26,-550 

6,637,1 

- 

1 5,00c 

30,000 

Kennebeck, 

2,000 

14 

78.547 

16 

87,036 

21,759 

7,84- 

■     15,694 

" 

8 

1 

Oxford. 

1,334 

/ 

47,558 

5 

25,293 

6,3231 

1,84C 

!       3,684 

- 

0 

1 

15.600 

2.600 

Somerset, 

957 

4 
75 

11.000 

2 
59 

8,500 

2,125 

780 

1,10( 

)       2,200 

- 

1 

6 

44,000 

7.080 

Total  amounts, 

16.057 

450,225 

357,386 

89.346i 

60,12: 

i  160,968 

2 

14 

1.265.594 

19.929 

Aug'er.s  &  Bltts. 

Soap. 

Tanneries. 

Shoes,  IJoots,  and 

' 



Slippers. 

COUNTIES. 

■}. 

y 

X 

s. 

— 

— 

^ 

— 

^ 

c 

v. 

•> 

~ 

" 

'*- 

'^ 

i~ 

.= 

. 

- 

c 

.ii 

= 

tl 

— 

^ 

o 

— 

'-• 

rr 

^ 

^ 

:: 

■= 

1 

^ 

•z. 

h: 

-5 

E 

^ 

/:. 

> 

~ 

> 

Z 

= 

^ 

ii^ 

Z 

>■ 

Ytirk, 

. 

61 

5,577 

0,817 

49.264:^ 

8,797 

9,642 

Cunibeiland.     - 

- 

- 

305, 

000 

•27, 

650 

24 

4,722 

9.306 

47.013 

67.314 

68,564 

Lincoln, 

- 

- 

40, 

000 

4. 

000 

45 

5,589 

5,826 

47.862 

15.853 

16.014 

A\  af^hington,     - 

- 

- 

- 

6 

1,060 

1.387 

9,5001 

Hancock. 

1 

2.000 

- 

- 

9 

3.100 

4,087 

27,830.1 

16.570 

19.632 

Kennebeck. 

- 

- 

- 

- 

32 

4,018 

- 

28,126 

3.915 

4,036 

Oxford,     - 

- 

- 

- 

16 

2.244 

- 

15,708 

15.165 

17.256 

Somerset. 

" 

- 

- 

- 

/ 

680 

740 

5,870 

1.750 

2.137 

Total  amounts. 

I 

2,000 

345,000 

31. 

650 

200 

26,990 

28.163 

231.174d 

1-29,364 

135.281 

720 


FINANCE. 


[1814. 


DISTRICT  OF  MAINE— Manufactures  continued. 


Saddlery. 

Flax  Seed  Oil. 

Liquor  distilk 

;d  from 

Carnages 

Paper. 

Rope  Walks."! 

Fruit  and  Grain. 

made. 

COrNTIES. 

IT. 

o 

O 

3 

S 

T- 

«i 

=3 
o 

-rJ 

y. 

-d 

■^ 

^ 

-o 

r- 

C 

. 

c 

c 

^ 

^_■ 

r; 

.— 

4) 

^ 

..-1 

.— 

.— 

^ 

•-" 

=3 

yi 

O^ 

OJ 

'+; 

^ 

3 

3 

u; 

CJ 

"p 

O 

OJ 

rf 

'.,^ 

<:i 

rt 

iS 

rf 

.— 

o 

rt 

6 

rt 

r^ 

<■ 

O 

)<■ 

a 

o 

^ 

> 

<-, 

K 

>■ 

Ss 

'<?; 

> 

York, 

3,174 

_ 

_ 

2 

89 

35,600 

Cumberland,     - 

10,364 

1 

300 

450 

o 
o 

159.300 

106.200 

9,000 

1 

- 

- 

6 

447^ 

179,000 

Lincoln,    - 

4,956 

1 

_ 

- 

- 

- 

- 

- 

1 

4,500 

16,000 

3 

50 

20,000 

Washington. 

Hancock. 

Kennebeck, 

4,389 

1 

Oxford,     - 

1,495 

1 

1,500 

2,250 

1 

1,000 

1,000 

Somerset, 

300 

1 

5 

200 

300 

4 

11 

Total  amounts, 

24,678 

2,000 

3,000 

160,300 

107,200 

9,000 

2 

4,500 

16,000 

586i 

234,600 

STATE  OF  MASSACHUSETTS— Manufactures. 


Cotton    Manufacturing' 
Establisliments. 

Cotton  Duck. 

Hempen  Manu- 
facturinf^  Estab- 
lishments. 

lilended  and  unnamed 
Cloths  and  Stuffs. 

Tow 

Clotk, 

COUNTIES. 

X 

2 

^ 

o 

(T 

o5 

a 

;£: 

a 

rt 

_rt 

_C' 

■^ 

■"s 

13 

O 

O 

c 

;:: 

.X 

i 

r; 

C 

■j. 

X 

V 

« 

o 

X 

O 

•h 

u 

P 

o 

■^ 

o 

3 

^ 

J 

3 

K 

rt 

u 

r: 

tu 

rt 

rt 

:S 

rt 

,* 

^; 

>" 

I-- 

&. 

r-^ 

0. 

K- 

i-^ 

^ 

>• 

> 

Suffolk,     - 

200 

6,000 

40 

1,000 

Nantucket. 

- 

- 

- 

- 

- 

- 

4,300 

2,980 

Dukes, 

- 

- 

- 

- 

- 

- 

17,775 

12,442 

Norfolk. 

10 

- 

- 

- 

- 

•• 

- 

190,593 

129,397 

Worcester, 

17 

- 

- 

- 

- 

- 

- 

830,720 

489,640 

Plymouth. 

3 

- 

- 

- 

- 

20 

400 

347,098 

162,284 

Bristol,     - 

13 

- 

- 

- 

- 

1 

319,905 

144,452 

Barnstable. 

- 

- 

- 

- 

i 

41.720 

20,860 

Middlesex, 

4 

- 

- 

- 

140  '      3,000 

448,661 

246,709 

Essex, 

5 

- 

- 

- 

- 

1,325      33,813 

259,053 

103,813 

Berkshire. 

- 

36,000 

28,600 

- 

500        7,600 

527,226 

181,058 

Hampshire, 

2 

- 

~ 

6,000 

1,000 

35,000 

1,054,558 

566,941 

60,000 

33,000 

Total  amounts. 

54 

36,000 

28,600 

200 

3,025 

80,813 

4,048,209 

2,060,576 

60,000 

33,000 

Woollen  Manufactur- 
ing- EsUiblishnicnts. 


Suffolk. 

Nantucket, 

Dukes. 

Norfolk, 

Worcester. 

Plymouth, 

Crifctdl, 

Barnstable. 

Middlesex, 

Essex, 

Eerksliire, 

Hampshire, 


Total  amounts, 


o 


6,860  1 10,290 


6,860 


10,390 


C  otton  and  Wool 
spun,  in  mills. 


Web, 
Lace,  and 
Fring-e. 


o 


128,575 
151,338 

308,572 

204.678 
35,185 

10.000 


136,159 
173,764 

343,457  i 


7.000 


600 


240,600  I   2,400 
17,926 

20,000  I 


838,348  I  931,906  i  10,000 


Stockinsrs. 


4,000 
7,406 
1,476 

3,000 

11,800 
10,269 


o 

-d 


4,000 
4.448 
1,180 

2,250 

8,850 
7,725 


37,951128,453 


Looms, 
for  cloths 
of  cotton, 
wool,  &c. 


Carding-  Machines. 


80 
1,021 

4,594 
2.353 
2,597 
327 
1,788 
1,426 
2,033 
5,745 


22,564 


3 

8 

44 

5 

11 

3 

8 

11 

29 

58 


o 
P- 


6.000 

35,266 

187,900 

14,500 

55,000 

7,000 

67.355 

37,400 

127.016 

259,799 


180      797,236 


480 

3,527 

18,680 

8,930 

4,280 

700 

5,808 

2,992 

76,508 

114,288 


236,193 


1814.] 


DIGEST  OF   MANUFACTURES. 


721 


MASSACHUSETTS— Manufactures  continued. 


1 
Fulling;  Mills. 

Sewing-  and 

Wire  Card  Maimfaclories. 

Spinning 

raw  silk. 

Wheels. 

COUNTIES. 

8J 

'3 

Num- 

Yards. 

Value  in 

1 

Value 

Do/.cn  of 

Valui-   in 

Feet  of   Value  in 

1 
Num-  1  Value 

ber. 

dollars. 

o 

ill  dolls 

(n 

C 

liaud  ciu-ds 

tlollai's. 

(.'ards.       dollars. 

ber.    jindoll.s. 

t5 



1 

Suft'olk. 

INiintucket. 

1 

Dukes, 

o 

4,00(1 

2,000 

1 

Norfolk. 

5 

16,500 

12,375 

- 

- 

- 

4,208 

Worcester, 

52 

192,306 

32,083 

- 

- 

- 

3,926 

3 

953 

6,998 

150 

500 

Plymouth, 

12 

23,659 

3,945 

- 

- 

480 

- 

- 

- 

_ 

3,749 

10,000 

Bristol, 

11 

32,500 

5,418 

- 

- 

- 

5,875 

Barnstable. 

4 

3,800 

631 

Middlesex, 

10 

44,759 

18,303 

- 

- 

- 

3,272 

1 

9,000 

72.000 

1  1,100 

33,000 

F.ssex, 

10 

25,490 

24,140 

- 

- 

- 

487 

Berkshire, 

47 

102,860 

123,612 

- 

- 

9 

- 

- 

- 

- 

- 

2,494 

7,482 

Hampshire, 

67 

225,074 

219,891 

103 

618 

■ 

1,200 

Total  amounts. 

221 



730,948 

442,401 

103 

618   j 

1 

9 

19,448 

4 

9,953 

78,998 

14,400 

33,000 

6,393 

17,982 

Hatteries. 

Furn.aces. 

Bar  Iron,  &c.              t 

o 

t    p 

Rolling  and  Slitting- 
Mills. 

Naileries. 

Fur  Hats. 

Yaluo  in 

Tons. 

Value  in 

Tons. 

Value  in 

Tons 

Value  in 

Vum 

-  Value   in 

dollars. 

<loll;u's. 

s 

dollars. 

f, 

'?^ 

slit  iron 

dollars. 

ber 

dollars. 

Suff.ilk, 

11,000 

56.000 

Nantucket, 

1,000 

2,000 

Dukes, 

1,200 

3,000 

Norfolk. 

18,228 

41,923 

31:s 

25,000 

- 

12 

1,680 

- 

- 

- 

- 

„ 

111,499 

Worcester, 

8,148 

32,722 

57.' 

11.500 

5 

73 

11,540  1 

- 

- 

- 

5 

155,837 

Plymouth. 

3,557 

14,225 

1,598 

72,300 

8 

932 

150.602 

- 

- 

73,457 

Bristol. 

8.66!) 

18,230 

85 

17,000 

11 

91 

10,840 

- 

4 

910 

145.600 

12 

192,980 

Barnstable. 

Middlesex, 

20,997 

103,311 

>? 

400 

- 

15 

1,750 

- 

1 

300 

80,000 

> 

100,496 

Essex, 

27.506 

58.  .585 

- 

- 

- 

40 

8,000 

- 

- 

690 

93,000 

- 

66,-200 

Berkshire. 

25,960 

41,104 

80 

16,000 

9 

221 

26,460 

- 

- 

- 

- 

(i 

12,700 

Hampshire, 

16,380 

41,067 

200 

12,500 

4 
37 

31 

3,770 

11 

- 

- 

13 

2.416 

Total  amounts, 

142,645 

415,167 

2,340.^ 

154,700 

1,418 

214,642 

11 

5 

1,900 

318,600 

715,585 

Wire 
drawing. 

Gunsmiths. 

t/5   o 

Steel  Furnaces. 

Hydraulic 
Eng-ine  makers 

Tacks. 

■3  X 

o  ^ 

7"  "^ 

COUNTXES. 

■{-         '       2 

X 

cr 

^ 

rt 

r. 

tr. 

S         1      p 

rt 

t; 

7i 

'Z-1 

" 

Ti 

O           1       t^     . 

— 

"o 

Q 

'd 

— 

-C            [         C   2 

■d 

'w 

:: 

-d 

■^ 

'       -^  M 

•  — 

.— 

o 

.— 

V 

— 

.— 

i>               _c 

CJ 

U 

tji 

o 

jD 

=        >           -2 

u 

"^                — 

'  _- 

-^ 

=: 

O 

rt 

5 

c                     g 

'~Z 

-:: 

>          -      ^ 

*^ 

^ 

'4. 

*^ 

1 

<                     Z 

'^ 

K* 

Suffolk.     - 

15,000 

. 

. 

44.000 

. 

_ 

4.000 

21,000 

Nantucket. 

Dukes. 

Norfolk,    - 

- 

- 

- 

102.830 

- 

- 

- 

- 

- 

- 

- 

4,000 

Worcester, 

9,912 

4,095 

52,380 

81.412 

1 

20 

4,000 

- 

- 

- 

- 

8.015 

Plymouth, 

740 

S,075 

152.956 

- 

- 

- 

- 

- 

- 

2.400 

Bristol,     - 

:      1,000 

10,750 

10,398 

- 

- 

- 

- 

- 

11.000.000 

2.000 

Barnstable. 

Middlesex, 

- 

230 

3,500 

84.830 

- 

- 

- 

- 

- 

10.320 

Esses. 

_ 

- 

- 

25.562 

Berksliire, 

- 

1,880 

20,000 

14.100 

Hampshire, 

" 

11.240 

134.380 

49.600 

' 

20 

* 

~ 

- 

- 

450 

Total  amounts. 

24,912 

19,095 

229,085 

565,718 

1 

4,000 

1 

4,000 

11.000.000 

2.000 

46.1S5 

722 


FINANCE. 


[1814. 


MASSACHUSETTS— Manufactures  continued. 


-s^ 

1! 

o  ?J 

c  o 

Manufactures  of  Mixed 
Metals. 

Copper  and  Brass 
Manufactures. 

BeUs. 

Buttons. 

OX^ 

P" 

in 

COUNTIES. 

Vi 

^ 

t 

t 

2 

<A 

rt 

<A 

d 

3 

a 

O 

o 

O 

o 

O 

O 

o 

-d 

T3 

^ 

e 

-c 

T) 

13 

T3 

^ 

C 

c 

c 

c 

^ 

g 

OJ 

3 

c 

3 

3 

ri 
c 

3 

5 

3 

0) 

3 

3 

rt 

o 

o 

o 

a 

rt 

K- 

^ 

(X 

^ 

&, 

> 

.. 

> 

> 

t> 

Suffolk,     - 

95,000 

52,000 

350,791 

151,481 

40,635 

20,964 

10,845 

4,555 

20,000 

Nantucket. 

Dukes. 

Norfolk,    - 

- 

- 

- 

4,500 

9,000 

Worcester, 

2,800 

- 

- 

- 

- 

10,565 

4,000 

Plymouth. 

Bristol, 

30,000 

2,500 

Barnstable. 

Middlesex, 

10,500 

750 

Essex, 

16,000 

5,465 

Berksliire. 

Hampshire, 

7,325 

13,000 

- 

- 

- 

1 

- 

- 

- 

200 

Total  amounts. 

161,625 

73,715 

350,791 

151,481 

45,135 

29,964 

21,410 

8,555 

20,000 

200 

Tallow  < 

'undies. 

Soap. 

Spermaceti  Candles. 

Spei-maceti 

Whale 

COUNTIES. 

Oil. 

Oil. 

Pounds. 

Value  in 

Barrels. 

Pounds. 

A'alue  in 

Pounds. 

Value  in 

Gallons. 

Gallons. 

dollars. 

dollars. 

dollars. 

Suffolk, 

251,250 

40,200 

300.000 

30,100 

Nantucket, 

- 

- 

80,000 

8.000 

185.000 

146.300 

77,696 

249,728 

Dukes. 

Norfolk, 

185,000 

27,750 

- 

624,000 

93,600 

Woicester. 

Plymouth. 

Bristol, 

4.000 

640 

- 

- 

- 

280,000 

32,000 

Barnstable. 

Middlesex, 

841,000 

122,560 

1,240 

777,500 

89,350 

Essex, 

155,300 

25,910 

2,950 

262,220 

37,047 

Berkshire. 

Hampshire. 

Total  amounts. 

1,436,550 

217,060 

4,190 

2,043,720 

258,097 

465,000 

178,300 

77,696 

249,728 

Spermaceti 

Tanneries. 

Boots,   Shoes,   and 

OOUNTIKS. 

and  whale  Oil. 

Slippers. 

Value  in  dol- 

Num- 

Hides. 

Calf  Skins, 

Hog 

Sheep 

Value  in 

Number 

A'alue  in 

lars. 

ber. 

Skins. 

Skins. 

dollars. 

of  paii's. 

dollars. 

Suffolk. 

. 

. 

23,500 

131,225 

Nantucket, 

240,520 

- 

2,800 

- 

- 

- 

16,300 

2.500 

8,000 

Dukes. 

- 

1 

350 

- 

- 

- 

2.000 

Norfolk, 

- 

24 

8,925 

9,145 

- 

8,925 

95,197 

94.565 

234,553 

Worcester. 

- 

78 

18,681 

13,584 

- 

10,950 

149.423 

85,810 

135.575 

Plymouth, 

- 

- 

8,805 

2.720 

- 

950 

51,626 

44,528 

55.327 

Bristol, 

- 

42 

8,498 

4,332 

- 

3,012 

54,958 

10,370 

20,138 

Barnstable. 

- 

11 

1,570 

- 

- 

8.300 

Middlesex. 

- 

26,754 

7,050 

- 

5,938 

204,216 

375,604 

418,203 

Essex. 

- 

34,593 

10,393 

2,800 

26,791 

238,986 

1,535,082 

1,102,473 

Berkshire, 

- 

58 

29,158 

10,570 

- 

- 

119,936 

Hampshire. 

~ 

85 

34,462 

8,094 

~ 

5,970 

272,037 

46,712 

96,298 

Total  amounts. 

240,520 

- 

174,496 

65,888 

2,800 

62,536 

1,212,979 

2,218,671 

2,201,792 

1814.] 


DIGEST  OF   M  A  N  U  F  A  C  T  tJ  R  K  S. 


723 


MASSACHUSETTS-Manufactures  continued. 


Saddlery. 

Morocco  Skins, 

Liatlier  (iloves. 

Cat  (int. 

Flax  Seed  Oil. 

Spirits  distill- 

COUNTIKS. 

ed  from  grain. 

Value  in 

Number. 

Value  in 

Dozens. 

Value  in 

Value  in 

Number 

(Jallons. 

Value  in 

Gallons. 

dollars. 

dollars. 

dollars. 

dollars. 

of  mills. 

dollars. 

Suffolk, 

90,400 

i:,ooo 

15,000 

Nantucket. 

Dukes, 

1,000 

Norfolk, 

■1.170 

13,500 

22,500 

_ 

_ 

2,000 

Woice.^ter, 
PlviiKiuth, 

17.700 
(i,50() 

~ 

- 

- 

- 

9 
3 

15,900 
900 

1  0,372 
1,105 

71,350 

Bristol, 

3,3 1  e 

2,000 

1.000 

- 

. 

. 

4 

5,300 

("..785 

Eanistable. 

1,800 

Middlesex, 

11,290 

172,000 

4  0,000 

1,275 

3,825 

_ 

000 

900 

1,810 

Essex, 

20,800 

01,700 

51,060 

3,600 

10,800 

- 

>2 

800 

800 

Berkshire. 

- 

- 

- 

- 

- 

- 

7 

- 

9,400 

136,500 

Hanipsiiire, 

31,748 

' 

~ 

* 

7 

■ 

11,500 

170,550 

Total  amounts, 

188,726 

261,800* 

130,160 

4,875 

14,625 

2,000 

33 

44,460 

40,982 

380,210 

Spirits  distilled 

All  kinds  of 

Beer. 

Shipping-. 

Cabinet 

Chairs. 

COUNTIES. 

from  molasses. 

Spirits  distilled 

Work. 

Gallons. 

Value  in  dol- 

Gallons. 

Value  in 

Numbei 

Value  in 

Value  in 

Dozen. 

Value  in 

lars. 

dollars. 

of  tons 

dollars. 

dollai-s. 

1,000 

dollars. 

Suffolk, 

1,365,000 

764,400 

617,600 

57,800 

115,000 

24,000 

Nantucket. 

Dukes. 

Norfolk, 

- 

- 

10.000 

21.250 

^ 

_ 

38,450 

Worcester, 

- 

39,015 

0,400 

600 

- 

- 

23,610 

Plymouth, 

- 

- 

- 

- 

4,575  i      137,550 

12,099 

Bristol, 

- 

- 

- 

- 

- 

- 

9.750 

Barnstable, 

- 

- 

- 

- 

2,000 

60,000 

Middlesex, 

694,000 

414,000 

44,800 

5,600 

- 

- 

28,850 

Essex, 

413,000 

227,150 

- 

- 

16,835 

458,545 

61,825 

494 

69,160 

Berkshire, 

- 

68,250 

32,000 

1,200 

- 

- 

4,000 

166 

2,500 

Hampshire, 

' 

115,511 

~ 

"* 

■ 

- 

25,038 

34 

400 

Total  amounts, 

2,472,000 

1 ,628,326 

t716,800 

86,450 

1 
23,410 

650,095 

318.622 

1,694 

96,060 

Carriage  Makers 

Wagons. 

Wooden 
Work, 

Rakes. 

Essence    of 

Oil,  or  Essence 

unnamed. 

Spruce. 

of  Turpentine. 

COUNTIES. 

"S  M 

1 

;.   0) 

Value  in 

Value  in 

Value  in 

c2   ^ 

No.  of 

Value  in 

Pounds  Value  in 

X 

Value  in 

X:   rt 

dollars. 

g 

dollars. 

dollars. 

2  9, 

rakes. 

dollars. 

dollars. 

_o 

dollars. 

=!   3 

3 

" 

r: 

■^  " 

t5 

o 

Suffolk. 

Nantucket. 

Dukes. 

Norfolk, 

85 

12,000 

- 

- 

13,000 

Worcester. 

- 

- 

- 

- 

2,700 

Plymouth, 

8 

1,000 

- 

12.000 

Bristol, 

- 

- 

- 

- 

4.300 

Barnstable. 

Middlesex, 

284 

61,950 

- 

- 

- 

- 

- 

- 

. 

3,000 

9.000 

Essex, 

260 

31,800 

- 

- 

- 

- 

- 

- 

- 

_ 

3,000 

9,000 

Berkshire, 

- 

- 

600 

27,000 

- 

1 

11,000 

1,870 

1,250 

2.500 

Hampshire, 

30^ 

12,924 

1,000 

16.000 

Total  amounts. 

733 

122.674 

2,260 

43,600 

31,000 

1 

11,000 

1,870 

1,250 

2,500 

6,000 

18,000 

•  Or  21,817  dozens,     f  Or  23,400  barrels.     -;  And  sixty-six  sleig-hs. 


724 


FINANCE. 


[1814. 


MASSACHUSETTS— Manufactures  continued. 


Sugar  refined. 

Paper. 

Playing 
Cards. 

Marble  Saw  Mills. 

Manufactures 
of  Soap  Stone. 

Pounds . 

Value  in 

Mills. 

Reams. 

Kolls. 

Value  in 

Value  in 

Feet. 

Value  in 

Value  in 

- 

dollars. 

dollars. 

dollars. 

•B 

dollars.  \         dollai-s. 

Suffolk, 

322.000 

64,400 

. 

18.000 

28,000 

15,000 

i 

Nantucket. 

Dukes. 

Norfolk, 

-. 

- 

- 

28,009 

1.500 

57,017 

82,500 

Worcester. 

- 

- 

7 

9,340 

- 

41,650 

Plymoutli. 

Bristol, 

- 

- 

1 

- 

3.000 

4,500 

Barnstable. 

Middlesex, 

- 

- 

6 

40.024 

- 

115,834 

Essex, 

100,000 

18,000 

1 

4.611 

- 

10,300 

Berkshire. 

- 

- 

4 

3,400 

- 

10,000 

- 

16 

89.400 

38,000 

Hampshire. 

- 

- 

4 

9,745 

- 

23,650 

- 

~ 

" 

" 

13,000 

Total  amounts, 

422,000 

82,400 

23 

95.129 

22,500 

290,951 

97,500 

16 

89,400 

38,000 

13,000 

Manufac- 
tures of 
Glass. 

Tobacco  and  Snufl'. 

Potteries. 

Glauber  Salts. 

'E   o 

Printers'  Ink. 

Rope  Walks. 

COUNTIES. 

o  -i 

Value  in 

Pounds. 

Value  in 

Value  in 

Pounds. 

Value  in 

1  = 

Pounds. 

\'alue  ill 

Tons  made . 

dollars. 

dollars. 

dollars. 

dollars. 

-i  "? 

dollars. 

Suffolk. 

36,  COO 

_ 

- 

1.3411 

Nantucket. 

- 

- 

- 

_ 

- 

- 

- 

- 

- 

10^ 

Dukes. 

_ 

- 

- 

- 

- 

_ 

1,000 

Norfolk. 

- 

- 

- 

- 

- 

_ 

_ 

- 

- 

52 

Worcestei'. 

- 

- 

- 

- 

- 

_ 

- 

_ 

- 

3^ 

Plymouth. 

- 

- 

- 

- 

. 

_ 

- 

- 

355 

Bristol, 

- 

14,400 

3. 600 

- 

- 

- 

-     > 

202 

Barnstable. 

- 

- 

- 

- 

334,238 

13.369 

Middlesex. 

- 

46,000 

15,333 

6,500 

- 

- 

- 

6,000 

3.000 

300, 

Essex, 

- 

58.000 

18,348 

12,200 

- 

- 

- 

- 

- 

574J 

Berkshire, 

- 

- 

- 

- 

- 

- 

150 

- 

- 

3 

Hampshire. 

- 

" 

' 

- 

- 

- 

200 

- 

- 

3^ 

Total  amounts. 

36,000 

118.400 

37,231 

18.700 

331,238 

13,369 

1,350 

6.000 

3.000 

2. 846  J 

r(M"NTJV'< 

Rope  Walks. 

Bnushes. 

Cbocolate. 

Corn  Urooms. 

Gun  Powder. 

Horn 
Combs. 

Value  in 

Dozen. 

Value  in 

Pounds. 

\  able  in 

Number. 

Value  in 

Pounds. 

Val.  in 

Dozens. 

dollars. 

dollars. 

dollars. 

dollars . 

s 

dollars. 

Suffolk, 

545.000 

Nantucket, 

12.420 

Dukes. 

Norfolk. 

20,800 

1,666 

5.000 

65.500 

13,100 

Worcester. 

1,200 

- 

- 

- 

- 

- 

1 

25.000 

15.000 

40,250 

Plymouth, 

108,700 

Bristol, 

80.800 

Barnstable. 

Middlesex, 

107,500 

- 

- 

40,000 

10.000 

- 

- 

- 

_ 

_ 

166 

Essex, 

189,600 

- 

- 

150.000 

50,000 

- 

- 

- 

- 

_ 

8.922 

Berkshire, 

1,000 

Hampshire, 

1,024 

- 

- 

- 

- 

70,000 

4.000 

5 

95,000 

57,000 

567 

Total  amounts, 

1,068,044 

1.666 

5,000 

255,500 

73,100 

70,000 

4,000 

6 

120,000 

72,000 

49,905 

1814.] 


DIGEST   OF   MANUFACTURES. 


789: 


MASSACHUSETTS— Manufactures  continued. 


Musical 



' 

Horn 
combs. 

instru- 
ments. 

Salt. 

Straw 
Bonnets. 

Specta- 
cles. 

Steel 
Thimbles. 

Whip.s. 

Coopers' 
shops. 

COCNTIES. 

01 

t 

o 

CO 

1 

2 

TS 

O 
•T3 

O    '^ 

6 

•« 

T3 

o 

13 

s 

O 

-a 

o 

C 

C 

u^   t. 

U5 

c 

C 

C 

• 

■X 

c 

o  o 

ij 

a; 

11 

1/ 

U 

0^ 

o 

D 

X 

a> 

m 

3 

^ 

> 

> 

3 

•a 

'^ 

.* 
r* 

o      I 

Q 

? 
>■ 

c 

^      1 

Suffolk, 

17,200 

3,000 

1,000 

666 

10,000 

2,700 

i 
3,000 

Nantucket, 

. 

. 

. 

, 

30,000 

60,000 

Dukes,  . 

, 

24,550 

5,989 

4,138 

Norfolk, 

. 

1,200 

400 

240  217,424 

3,150 

3,150 

Worcester, 

61,017 

6S0 

, 

, 

77,780 

Plymouth, 

, 

1,050 

635 

6,219 

, 

200 

200 

Bristol, 

, 

112,094 

_ 

, 

90,671 

. 

850 

800 

Barnstable. 

327,354 

109,118 

72,647 

Middlesex, 

333 

, 

• 

, 

93,794 

1,000 

1,000 

Essex,    . 

17,844 

, 

1,200 

1,200 

2,350 

2,777 

10,000 

Berkshire, 

. 

, 

. 

, 

6,000 

5,000 

Hampshire, 

1,4(?0 

63,750 

• 

. 

.      ;      640 

1,145 

3,518 

Total  amounts, 

80,624 

17,880 

468,198 

118,757 

79,526 

551,998 

10,000 

2,777 

10,000 

7,050 

7,990 

37,995 

69,318 

Grist  Mills, 

Saw  MiUs. 

Ash 

es. 

F 

isheries. 

COUNTIES. 

No. 

Bushels 

Value  in 

No. 

Quantity 

Value  in 

Tons. 

t'alue  in 

Barrels  of 

Value  in 

ground. 

dollars. 

in  feet. 

dolLirs. 

dollars. 

.Mackerel. 

dollars. 

Suffolk. 

Nantucket. 

Dukes. 

Norfolk, 

2 

600 

2.700 

22,275 

Worcester. 

, 

43 

4,639 

Plymouth. 

, 

, 

, 

2,700 

22,275 

Bristol. 

Barnstable. 

Middlesex. 

, 

. 

o 

400 

Essex. 

Berkshire, 

58 

364,000 

264,417 

US 

8,960,000 

64,450 

65 

13,000 

Hampshire, 

26 

145,530 

121.752 

32 

2,25.5,000 

22,885 

11 

1,980 

Total  amounts, 

84 

509,530 

386,169 

150 

11,215,000 

87,335 

123 

20,619 

5,400 

44,550 

Bricks. 

Saltpt 

trc. 

Sheep. 

COUNTIES 

Number. 

^  alue   in 

Pounds. 

\'alue     in 

lood. 

and 
breed, 
d. 

Common  sheep. 

Whole  number 

dollars. 

dollars.           '~'fi 

is^ 

as  expressly 

of  sheep   of  all 

^  o 

'£  EE 

n.anied  in  the 

kinds  returned 

"* 

^1 

returns. 

Suffolk. 

Nantucket. 

. 

. 

. 

10,000 

10,000 

Dukes. 

Norfolk. 

3,090,000 

15,450 

Worcester. 

Plymouth. 

Bristol,  . 

1.025,000 

16,817 

Barnstable. 

Middlesex. 

18,000.000 

90.000 

. 

1,939 

1,939 

Essex,    . 

1.775,000 

9,775 

1,600 

1,600 

Berkshire. 

. 

. 

. 

73 

2,062 

89,602 

91,737 

Hampshire, 

1,405,000 

7,025 

23,600 

9.303 

Total  amounts. 

25,295,000 

139,067 

23,600 

9,303 

73 

2,062 

103,141 

105,276* 

•.\niount  of  all  kinds  in  the  State,  according  to  tlie  Marshal's  return,   $399,182. 


92 


ii 


726 


FINANCE. 


[1814. 


STATE  OF  NEW  HAMPSHIRE— Manufactures. 


COUKTIKB. 

Cotton 

Goods,  in 

farailies,  &c. 

Cotton 
Manufac- 
turing' 
Establish- 
ments. 

Mix'd  goods 

in  families, 

&c. 

Flaxen 

Goods,   in 

families.  See. 

Blended  and 

unnamed 

Cloths  and 

Stuffs. 

Tow- 
Cloths. 

Woollen 
Goods,  in 
"amiUes,  &c 

Value  of  all 

kinds  of 

Cloths  and 

Stuffs. 

Looms. 

Yards. 

Yards. 

Yards. 

Yards. 

Yards. 

Yards. 

Dollars. 

Number. 

Rockingham.     - 

Stafford, 

Hillsborough.    - 

Cheshire, 

Grafton, 

Coos, 

180,000 
21,985 

221,000 
50,000 
20,000 
23,000 

2 
1 

8 

1 

225,000 

187,278 

80,700 

300,000 

98,000 

40,000 

55,000 
133,320 
512,000 
220,000 
153,000 

17,000 

12,540 
100,000 

545,757 
175,232 

113,902 
139,371 
243,000 
248,000 
132,000 
24,000 

351,391 
246,176 
568,350 
383,000 
169,900 
41,600 

5,283 
3,561 
5,544 
3.762 
2,520 
300 

Total  amount. 

515,985 

12 

930,978 

1,090,320 

112,540 

720,989 

900,273 

1,760,417 

20,970 

Carding  Machines. 

FuUing  MiUs. 

Spindles. 

Hatteries. 

Counties. 

No. 

Pounds 
carded. 

Value  in 
dollars. 

No. 

Yards 
fulled. 

Value  in 
dollars. 

Number. 

Wool  and 
Mixed  Hats 

Fur  Hats. 

Value  in 
dollars. 

Rockingham,    - 

Stafford, 

Hillsborough.    - 

Cheshire. 

Grafton, 

Coos, 

19 
15 
32 
23 
17 
3 

72,000 

47,800 

144,200 

129,500 

75,500 

9,000 

36,000 
18,500 
72,100 
59,750 
37,250 
4,500 

31 

18 
37 
27 
20 
2 

80,000 

65,500 

127,000 

130,000 

90,000 

5,000 

80,000 
56.400 
97,000 
101,000 
78,000 
5,000 

2,500 

48 

1,908 

1,500 

16.000 
6,350 
5,250 
4,850 
4,250 

8,300 
1,480 
3,820 
2,184 
1.376 

46,100 
13,790 
18,860 
16,700 
11,050 

Total  amount. 

109 

478,000 

228,100 

135 

497,500 

420,400 

5,956 

36,700 

17,160 

106,500 

Forges. 

Number 

of  Trip 

Hammers 

Naileries. 

Tanneries. 

Cor^TiES- 

Number. 

Tons  of 
Iron. 

Value  in 
dollars. 

Number. 

Tons  of 
Nails. 

Value  in 
dollars. 

Number.  F 

'ounds  ofLea 
ther  tanned. 

-     Value  in 
dollars. 

Rockingham.    - 

Stafford, 

Hillsborough.    - 

Cheshire. 

Grafton. 

Coos, 

2 

1 
1 
1 

7 

10 

3 

1,100 

a. 

7 

4 

6 

17 

8 

5 
1 
5 
2 

1 

68 
1 

12 
9 

1 

14,320 

210 

2,520 

1,900 

200 

88 
37 
58 
29 
21 
3 

166,900 
97,546 
271,704 
196,000 
113,000 
8,240 

69,385 
25,348 
67,917 
60,000 
27,000 
2,050 

Total  amount. 

5 

1,120 

151.200 

42 

14 

*91 

19,150 

236 

853,390 

251,700 

Flax  Seed  Oil. 

Spirits  distilled. 

Paper. 

Rope  Walks. 

COD-NTIES. 

Mills. 

Gallons, 

Value  in 
dollars. 

Distille- 
ries. 

Gallons . 

Value  in 
dollars. 

Mills. 

Value  of  paper 
in  dollars. 

No.     -S 

'^alue  of  work 
in  dollars. 

Rockingham,     - 

Stafford, 

Hillsborough,    - 

Cheshire, 

Grafton. 

Coos, 

3 
4 
2 
5 
4 
1 

2,200 
4,400 
6,000 
4,900 
3,000 
60 

2,200 
4,566 
7,134 
5.100 
3.100 
60 

2 

2 

1 
9 
4 

115,000 

5.000 
2,500 
7,000 
6,450 

57,500 

3,750 
1,500 
5,250 
6,450 

3 

1 
1 
1 

20.000 

12,000 
5,200 
5,250 

195 

58,500 

Total  amount. 

19 

20,560 

22,160 

18 

135,950 

74,450 

6 

42,450 

195 

58,500 

•  Or  203,840  pounds. 


1814.] 


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Spirits  distilled   from 
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1,500 
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1,500 

8,040 

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11,750 

1,584 

31,152 

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1814.] 


DIGEST    OF   MANUFACTURES. 


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.— 

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» 

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^^ 

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»-  C        *     tu 

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& 

rt  a>         •  "T^ 

S    '^'^ 

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00=    ^— 

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IS  —  -^  c«  ^  -^ 

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s'i^d 

-3  rfj=  »)  i:  u  1;  u  = 
<ijOWtaOOODS 

^■^laj 

1 

c 

3 
O 

o 

V 


S5 


-d  o 


cq 


be 


O 

c 

a, 

3 


o 

to 

c 


11         .3 


3  3 


(L> 


Ji    U    JJ    ~ 

'm    O    O    ■" 
X    ;:;    C    O 


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732 


FINANCE. 


[1814. 


VERMONT Manufacturing  Establishments,  with  the  annual  Manufactures,  as  returned  by  the  Marshal. 


Furnaces, 


Forges 


8  blast  furnaces,  making 


s  air 


do. 


26  forges, 


do. 
do. 


986  tons  ware, 
260  tons  pig  iron. 


at  $100  per  ton,  $98,600 
at      90  per  do.      23,400 


Cut  nails,  -  67 

Trip  hammers,   -  65 

Paper,     -  H 

Oil.  -  -  -26 

Spirits,    -  -  125 

Tanneries,  -  205 

Fulling  mills,     -  166 

Carding  machines,  139 

Woollen  cloth,  - 
Linen,  do.  - 
Cotton,  do.  - 
Mixed,  do.  - 
Looms, 

8  cents  per  yard, 
Spinning  wheels,        67,756 

skeins,  at  4  cents  per  s 
Spinning  jennies,  23 

skeins,  at  3  cents  per  s 
Hats,  -        96,670 

Boots,  -        65,580 

Shoes,  -      238,700 

Saddles,  and  harness  work 
Cabinet  work. 
Maple  sugar,      -  1,200,000 
Potashes,  -        1,500 


manufactories, 
trip  hammers, 
mills, 
mills, 
distilleries, 
tanneries,  preparing 
fulling  mills,    do. 
machines,  carding 


do. 
do. 
do. 
do. 
do. 


817  do.  iron,  at 

104  do.  refined  iron, at 

144  do  of  nails,  at 
annually,  work  valued  at 
23,350  reams,  at 

50,637  gallons.  at 

173,285        do.  at 

773  tons  of  leather,  at 
942,960  yards  cloth.       at 
798,500  pounds  wool 
1,207,976  yards. 
1,859,931      do. 
131,326     do. 
191,426     do, 


98,040 
15,600 


120  per  do. 
150  per  do. 

240  per  do.  - 

3  per  ream, 
1  per  gallon, 
75cts.  per  gallon, 
500  per  ton, 
25  cts.  per  yard,     - 
6  cts.  per  pound,  - 
75  cts.  per  yard,     - 
35  cts.      do. 
30  cts.      do. 
38  cts.       do. 
are  3,552,240  yards,  at 

spinning  wheels,  spinning,  on  an  average,  70  skeins  each,  are  4,742,920 

kein,  -  -  -  -  -  "i-",' 

spinning  jennies,  with  804  spindles,  average  70  skeins  each,  are  56,280 

ikein,  -  -  -  .-.--. 

hats,  averaging  $2  per  hat,  .--..- 

pair  boots,  do.      3  per  pair,         -  - 

pair  shoes,  do.        75  cents  per  pair,       -  -  -  -  - 

of  ttiis  kind,  made  to  the  amount  of         -  -  -  -  - 

do.  do.       ------ 

pounds,  at  10  cents  per  pound,    ------ 

tons,  at  $100  per  ton,        ------- 


14,801  looms,  weaving,  on  im  average,  240  yards  each 


$122,000  eo 


113,640  00 

34,560  00 

78,574  00 

70,050  00 

50,637  00 

129,963  75 

386,500  00 

235,740  00 

47,910  00 

905,982  00 

650,975  85 

39,397  00 

72,741  00 


284,179 

00 

189,716 

00 

1,688 

40 

193,520  00 

196,740 

00 

179,025 

00 

127,840 

00 

118,450  00 

120,000 

00 

150,000 

00 

$4,499,830  88 

ADDITIONAL. 


Marble  saw  mills,  one  containing  100  saws— 20,000  feet  annually  sawed  and  polished,  at  50  cents  per  foot.  $10,000 

Cotton  mauufacturing  establishments. 

Woollen  manufacturing  establishments. 

Roving  machines,  - 

Looms,  with  fly  shuttles,  - 

Billies,        -  - 

Shearing  machines. 

Copperas  mines  and  works. 

Rolling  and  slitting  mills. 

Sheep, 

Cotton  spun  in  mills. 

Yellow  Ochre, 


2. 
2. 
2. 
5. 
2, 
I. 
1,  making  I  tons  of  copperas. 


450,000. 

8,960  lbs.,  value  $8,960  00. 
85  tons,  value   10,025    20 


STATE  OF  RHODE  ISLAND— Manufactures. 


Blendedand 

Cotton  Goods, 

in  families,  Jcc. 

Cotton  Manufacturing  Establish- 
n\ents. 

Flaxen  Goods,  in 
families,  &c. 

unnamed 
Cloths  and 

Stuffs. 

COUNTIES. 

M 

"3 

dollars. 

35 

* 

s 

ij 

a 

_C 

• 

o 

XI 

•Jl 

ii 

» 

o 

tft 

"H 

"rt 

6 

3 

"3 

-a 

_3 

■p 
a 

>■ 

K' 

1^ 

> 

> 

> 

^ 

> 

Providoncc. 

63,159 

52,263;V 

13 

462,463 

180,432 

35,940 

10,6825-", 

107,860 

Newport,  - 

11,373 

4,549t% 

- 

- 

- 

33,345 

10,003/,, 

17,741 

51,686 

20,674J- 

1 

- 

- 

150,208 

45,062t\ 

3,498 

Kent, 
Bristol,      - 

313,271 

125, 308  ji 

14 

271,856 

108,742/, 

7,006 

2, 101 A 

352,742 

21,500 

8,600 

- 

- 

~ 

3,200 

960 

Total  amount. 

*460,989 

1 

*184,395y'V 

28 

*734,319 

*289,174t-V 

t229,699 

t68,809f„ 

481,841 

The  Marshal's  general  return  gives  2,111,729  yards  Cotton  cloth,  value  §844,591,  made  in  the  whole  State. 
po.  do  do.         299,43a'yards  Flaxen  cloth,  value      89,631,    ,  ditto. 


1814.] 


DIGEST   OF  MANUFACTURES. 


733 


RHODE  ISLAND— Manufactures  continued. 


Woollen  Goods,  in 

Woollen  Manufacturing- 

Web    1 

ace  and 

Cotton  and  Wool 

Fami 

Lies,  Sic. 

Kstablishmenls. 

Fringe. 

spun  in  mills. 

£ 

E 

£ 

9i 

COUNTIES. 

]3 

]o 

]o 

jo 

c 

c 

1) 

c: 

= 

-y. 

.= 

- 
"« 

1) 

J2 

E 

1 

<b 

_2 

o 

5 

.H 

> 

p^ 

> 

>5 

^ 

•" 

>■ 

> 

- 

i^ 

Providence, 

•24,484  r', 

50,9.57 

40,765,-0, 

20,000 

3,120 

Newport,  - 

•27,006^5 

16,791 

13,4.3-2  A 

Washington,      ■ 

1 ,749 

56,246 

44.996i 

- 

- 

- 

- 

_ 

20,800 

1 7,264 

Kent, 

■M%9-2\1, 

16,624 

13,299  f„ 

•2 

11,000 

10,000 

- 

- 

413.015 

288.560 

Bristol,     - 

' 

5.000 

4,000 

Total  amounts. 

5-26,3a2yV 

*145,61S 

*  116, 494^ 

2 

♦11,000 

*  10,000 

20,000 

3,120 

433,815 

305,824 

No  other  kinds  of"  cloth  than  the  above  are  mentioned  in  the  Marshal's  general  return. 


_r 

Stockings. 

Thre.id. 

Carding  Machines. 

Fulling-  Mills. 

7^ 

■J\ 

S  J= 

■/■ 

J-. 

COUNTIES. 

P 

.— 

c  .r 

■  ^ 

■z 

o 

^ 
X 

o 

O    O 

o 

t 

~s 

G 

2 

^  o 

s 

c 

"^ 

— 

-    — 

_5 

3 

0) 

3 

1° 

1 

-d 
o 

"S 

£ 

■^ 

'rt 

K' 

[•^ 

'l^ 

10 

P, 

K' 

8 

"" 

*-• 

Providence. 

15,600 

976 

1.793 

5,800 

3,300 

5,500 

2,160 

Newport.  - 

2,600 

1,250 

- 

- 

386 

2 

- 

- 

O 

2,766 

735^ 

"\\  ashington.     - 

12,260 

6,130 

- 

- 

l,-243 

7 

29,500 

3,430 

10 

32,952 

7,389 

Kent. 

- 

- 

- 

1,110 

1 

16,000 

4,200 

4 

1,200 

800 

Bristol,     - 

' 

- 

- 

- 

100 

Total  amounts. 

14,760 

7,380 

15,600 

976 

4,622 

23 

51,300 

10,930 

24 

42,418 

11.0841 

Mills  for  mak- 

==- 

Spindles. 

ing  machinery, 
for  Manufactu- 

Hatteries. 

Furn.aces. 

1) 
•E 

a; 

Forges 

■Si 

X 

ring  cotton  and 

s 

^ 

^ 

wool. 

'■• 

o 

S 

COUNTIES. 

i 

T 

f 

.a 

E 

E 

1 

E 
20 

j. 

^ 

"3 
-d 

Z 

E    . 

5 

X 

[o 

5i 
■% 

£ 

z 

g 

O 

2 

"o 
o 

s 
1 

5 
XI 
£ 

2 

5 
o 

O 

r- 

Providence, 

3 

9,436 

11 

42,500 

. 

100.000 

239.894 

7 

1,630 

Newport, 
Washington.     - 

- 

- 

3 

128 

- 

- 

o 

408 

1 

1.000 

5 

2,100 

937 

5.648 

•2 

15 

'2,340 

0 

•^ 

Kent. 

- 

- 

- 

10,696 

_ 

- 

- 

- 

- 

- 

_ 

. 

. 

1 

50 

Bristol,     - 

- 

- 

- 

- 

- 

- 

i 

4,-200 

4.050 

24,450 

Total  amounts. 

3 

1 

25 

21.178 

12 

43.500 

le 

106,300 

4.987 

269,992 

9 

17 

3,970 

o 

3 

50 

*  The  Marshal's  general  return  gives  151,315  yards  Woollen  cloth,  \alue  '?121,05-:i,  made  in  the  whole  Sl.ate. 


93 


tt 


734 


FINANCE. 


[1814. 


RHODE  ISLAND— Manufactures  continued. 


Forges. 

Trip  Ham- 
mers. 

Rolling-  and  Slitting- 
Mills. 

Naileries. 

Gun  Smiths. 

Steel  Furnaces. 

COUNTIES. 

'ii 

O     'A 

5 

C 
o 

6 

O 

"3 

"5 

c 

w 

J3 

2 

3 

s 

X 

o 

3 

E 

-3  ■= 

O 

3 

i 

-= 

1 

3 

c 

3 

c 
o 

3 

> 

20 

> 

% 

H 

>- 

Z 

a. 

<* 

u 

O 

z 

H 

;^ 

Providence. 

6,500 

1 

20 

3,300 

4 

160.000 

16.000 

1 

800 

Newport. 
Washington,     - 

. 

4 

- 

- 

- 

o 

4.700 

470 

Kent, 

10,500 

11 

Bristol, 

- 

- 

- 

1 

1 

" 

6 

' 

~ 

~ 

- 

1 
1 

50 
50 

10,500 

Total  amounts, 

10.500 

35 

6,500 

20 

3,300 

164,700 

16,470 

1 

800* 

10,500 

Manufactory  of  AVood 

Brass 

Tanneries              -.— 

Screws. 

Foundi-ies. 

COUNTIES. 

tfi 

en 

=4 

U 

c 

o 

1- 

"o 

rA 

oi 

r-      C/1 

^"5 

fr. 

M 

%  2 

J 

s 

C 

u 

O 

*E 

.M 

u   = 

M 

Vi 

>s 

<u 

^ 

D 

a-. 

cn 

I-]    o 

Cfi 

c 

■3    O 

g 

o 

g 

"a 

5 
a. 

C 
oi 
C-i 

T) 

X 

^ 

s 

o 

Ir. 

Providence. 

1 

1,220 

1,525 

1 

6,000 

19 

11,730 

4,620 

76,530 

. 

53,059/5 

Newport, 
Was  lington.     - 

- 

- 

- 

- 

- 

5 

1,575 

150 

- 

200 

9,537 

- 

- 

- 

- 

- 

16 

1,566 

3,253 

5,754 

208 

870 

16,917/, 

Kent, 

- 

- 

- 

- 

- 

9 

100 

490 

13.820 

- 

- 

4,458/j 

Bristol 

- 

- 

- 

- 

~ 

3 

1,000 

750 

3,500 

- 

9,210 

Total  amounts, 

1 

1,220 

1,525 

1 

6,000t 

52 

15,971 

9,263 

99.604 

208 

1,070 

93,183 

Shoes  and  Slip- 
pers. 

Saddles  a 
dies. 

nd  Bri- 
&c. 

Trunks. 

Morocco. 

Leather  Glo^•es. 

- 

COUNTIES. 

t 

'h 

'r. 

A 

■r. 
'S2 

i 

X 

3 

o 

a 

O 

Si 

o 

C 

-3 

-c 

c^ 

T3 

"" 

c 

c 

<u 

c 

o 

;: 

^ 

o 

.n 

T 

^ 

o 

o 

•U 

X 

«^ 

a. 

r^ 

Z 

> 

6 
Z 

> 

"3 

S 

Providence, 

12,000 

12,000 

II  1,650 

21,000 

2,350 

7,050 

_ 

- 

21,600 

10,800 

1 

Newport. 
Was  lington. 

Kent. 

Bristol. 

25.000 

15,000 

' 

' 

4.000 

4,000 

Total  amounts, 

37,000 

27,000 

1,650 

21,000 

2,350 

7,050 

4,000q: 

4,000 

21,600§ 

10,800 

1 

•Value  of  guns,  $9,600. 
§0r  1,800  dozen  pairs 


+  0r  3331  dozen. 


t Value  of  brass,  f4, 500. 
IIThis  is  1,350  saddles,  at  $10,  and  300  sets  of  harness,  at  $25— $21,000. 


1814.] 


DIGEST    OF    MANUFACTURES. 


735 


RHODE  ISLAND— Manufactures  continued. 


Flax  Seed  Oil. 

Spirits  distilled. 

Ciurant  Wine. 

■/. 

Paper. 

f'. 

S: 

X 

, 

_• 

M 

cfl  ?> 

COUNTIES. 

S 

a 

_u 

5 

« 

C     0) 

Cm 
c 

_0 

1) 

O 

-3 

"5 
■a 

o 

o 

o^ 

ij 

O 

V 

c 

o 

"f 

Z 

X 

X 

tn 

z 

rt 
J 

> 

.Hi 

a 

> 

■3 

>■ 

2 

*5. 

O 

Providence. 

5 

345,648 

252,724 

4,990 

4,990 

2 

O 

8,420 

S8f 

Newport, 
Wasiington,     - 

- 

- 

- 

5 

273,750 

136,875 

0 

1,160 

1,276 

Kent, 

- 

- 

- 

1 

18.000 

10,800 

- 

- 

_ 

1 

0,205 

Bristol. 

~ 

■ 

- 

4 
15 

510,000 

285,000 

■2 

Total  amounts. 

*  J 

1.160 

1.276 

fl. 147.398 

t685,399 

4,990:); 

4,990 

2 

3 

14,625 

88| 

Paper. 

Paper  Hanging'. 

Rope  Walks. 

Salt. 

CorNTIES. 

•=     X 

T. 

V 

•=     X 

-J 

C 

V 

=  -3 

X 

O    ^ 

2  j 

M    O 

'-T 

rt    = 

i 

."^  '~- 

Z  V 

:3 

—  _o 

z 

4 

c 

■^ 

"^ 

Providence, 

34,274^ 

8.000 

8.000 

155 

46,500 

Newport. 
Washington. 

- 

- 

5 

200 

60.000 

- 

- 

- 

- 

- 

1 

800 

600 

Kent. 

19.023 

Bristol, 

- 

- 

- 

4 

190 

57.000 

Total  amounts. 

53,297. i 

8.000 

8,000 

13 

545 

163,500 

1 

800 

600 

X 

E 

EC 
3 

Articles  of  a  doubtfid  nature,  or  agricul- 
tural. 

(irist 
Mills. 

Lime. 

COrXTIES. 

Number, 

U 

rt 
x 

Value   in 
dollars. 

o 

"5 
Z 

Z 

1 

z 

X 

C 

'm 

6 

Z 

14 

\'aluein 
dollars. 

Providence, 

Newport. 

Washington. 

Kent. 

Bristol. 

7,260 

25,800 

90.000 

15,000 

1 

22 

28 

235,200 

58,800 

Total  amounts. 

7,260 

25.800 

90,000 

15000 

1 

22     I 

28 

14 

235,200 

58,800 

•The  Marshal's  general  return  gives  3  flax  seed  oil  mills,  making  9,560  gallons,  worth  §1 1,950. 

fThe  Mai-shal's  general  return  gives  1,193,.398  gallons  of  spirits  distilled,  value  §848,240  for  die  whole  State. 

iOr  75  barrels. 

N.  B.  There  are  several  other  trifling  tlifterences  between  the  Deputy  Marshals'  returns  and  the  return  by 
the  Marshal,  which  are  not  worth  enumerating. 


736 


FINANCE. 


[1814. 


STATE  OF  CONNECTICUT— Manufactures. 


COUNTIES. 

B  ^ 

o  c 

3    C 
C  ^ 

S3 
o  -S 

I"" 

Flaxen  Goods,  in  families,  &c. 

Hempen   Man- 
ufacturing 
Establishm'ts. 

Blended  and  unnamed 
Cloths  and  Stuffs. 

Woollen  Goods,  in  families. 

' 

Yards. 

Value  in  dol- 
lars. 

Value  in  dol- 
lars, of  Goods 
made. 

Yards. 

Value  in  dol- 
lars. 

Yards. 

Value  in  dol- 
lars. 

Hartford, 
New  Haven.    - 
New  Loudon,  - 
Fairfield. 
Windham, 
Litchfield. 
Middlesex. 
Tolland. 

0 

2 

1 
4 

1 
1 

390,169 
292.561 
266.248 
412,006 
253,582 
431,194 
150,839 
165,479 

133.301   99 
89,886  45 
90.524  32 

136,867   15 
87,689  .52 

157,129  24 
48,697  28 
56,262  86 

9,148  40 
1,750  00 

1.250  00 

7.234 

64.864 

167.188 

10.054 

291.980 

16.700 

12.655 

5.000 

2.745  24 
26,772  90 
70,829  44 

4,858  00 
112,756  71 

5.678  00 
15.5S2  70 

2,000  00 

188.663 
131,054 
114,760 
139,572 
109,852 
281.184 
67,062 
86,998 

193,311   45 
141,676  75 

83,683  04 
157,229  74 

86,688  50 
278,496  68 

85,406  76 

71,749  00 

Total  amounts. 

U 

2,362,078         800,358  81 

12,148  40 

605. 675 

241,222  99 

1.119,145 

1,098,241   92 

Si 

Stocking-s 

Sewing  Silk 

Looms,  for 

cloths  of 

Cotton, 

Wool,  6cc. 

Carding  Machines. 

—      X 

Spindles 

.      Hats. 

Blast  and  Air 

- 

3    1 

and  Web 
Suspenders. 

and   Raw 
Silk. 

,--  ^ 

Furnaces. 

COUNTIES. 

II 

Value  in 

Value   in 

Number. 

No. 

Pounds 

No. 

1 
Number.!  Value  in 

No. 

Value  in 

£  be 

dollars. 

dollars. 

carded. 

dollars. 

dollars. 

Hartford. 

•2 

33.302 

2,372 

35 

73.419 

39 

2,014 

5,000 

New  Haven,    - 

1 

1,600 

- 

1,566 

28 

76.500 

33 

2,558 

45,400 

New  London.  - 

a 

8.874 

384 

2,240 

19 

79.999 

19 

514 

29.300 

1 

Fairfield, 

.T 

21,483i 

- 

1,897 

36 

101,200 

35 

252 

348,791 

AVindhani, 

1 

- 

27.375 

2,435 

17 

64.470 

21 

5,477 

14,490 

Litchfield, 

o 

37.762 

- 

3,279 

30 

85.000 

45 

250 

48,707 

4 

30,500 

Middlesex. 

1 

- 

- 

1,101 

10 

20,000 

14 

400 

22,961 

1 

2,240 

Tolland, 

- 

8.000 

744 

1,242 

9 

3.500 

12 

418 

7,530 

2 

13,440 

Total  amounts. 

15 

111,02U 

28,503 

16,132 

184 

504,088 

218 

11,883 

522,209 

8 

46,180 

Forges. 

Trip  Hammers. 

+j 

Nails. 

Gun  Smiths. 

Tin  Plate 

35 

Brass,  Jew- 
elerv-   and 

COVNTIES. 

ZD 

AVork. 

-1 

PlatedWare, 

. 

,. 

r. 

"S 

• 

o 

o 

g 

Tons  of 
bar  iron. 

Value  in 
dollars. 

a; 
-2 

2 

Value  in 

dollars,  of 

v.'ork. 

bl 

"  bp 

i 
o 

z 

"S'alue  in 

dollars,  of 

nails. 

Guns. 

"Value  in 
dollars. 

■\'alue  in 
dollars. 

c 

Value    in 
dollars. 

Hartford. 

3 

134 

20,580 

1.680 

3 

3,510 

1,400 

12.300 

57.690 

1 

18,000 

New  Haven,     - 

4 

/ 

980 

- 

3.150 

- 

- 

- 

2.000 

26,000 

57,680 

6,400 

New  London.  - 

3 

58 

7.460 

5 

15,125  60 

3 

3.240 

- 

- 

- 

- 

6.900 

Fairfield. 

■2 

45 

10.175 

3 

8.500 

1 

5 

6,260 

- 

- 

- 

- 

4,000 

Windham, 

1 

5 

800 

12 

13,400 

- 

1 

272 

Litchfield. 

32 

1,164 

139.475 

8 

38,400 

•2 

4 

6,410 

- 

19,000 

- 

7.000 

Middlesex, 

1 

15 

1 .800 

o 

1,340 

- 

1 

5,600 

1.000 

10,750 

5.000 

- 

4.700 

Tolland, 

2 

22 

2.640 

" 

9,550 

1 

1,800 

- 

- 

- 

- 

2,200 

Total  anumnts. 

48 

1,450 

183,910 

32 

91,145  60 

o 

18 

1   27,092 

4,400 

49,050 

139,370 

1 

49,200 

.  j1  ■ 

Mil' 


1814.] 


DIGEST   OF    MANUFACTURES. 


-37 


CONNECTICUT— Manufactures  continued. 


1) 

-r 

Buttons. 

TanncTic-s. 

Saddleiy,  Shoes, 
and  Shoe-bind- 

Klu.\ Seeed 

Spirits  Distilled. 

COINTIES. 

-3 
C 

ing-,  of  Leather. 

uu. 

X 

Groce, 

\'alue  in 
dollars. 

o 

2 

Value  of 

kathcr,  in 

dollars. 

Value  in  dollars. 

10 

\'alue  in 
dollars. 

Distil- 
leries. 

Ciallons  distill- 
ed from  fruit 
a!id  grain. 

Value   in 
dollars. 

Hartford. 

2 

•2G,000 

13.000 

65 

SS.24G  00 

19.823 

198 

727.765 

447.362.i 

New  Haven.    - 

1 

1-29.000 

89.125 

93 

100.972  50 

12.800  00 

■• 

54 

101.735 

57.897.', 

New  London,  • 

- 

- 

40 

54.124  95 

- 

3 

20.264 

10 

36.650 

20.325 

Fairfield. 

- 

- 

45 

71.311  66 

65.112  50 

- 

in; 

62.59  i 

36.461 

AVindhain, 

- 

- 

- 

32 

34,894  50 

6.500  00 

5 

5.000 

.1.1 

38.270 

19.135 

Litchfield, 

- 

- 

G2 

75,869  75 

90,477  50 

2 

10.500 

103 

199.S'»0 

102.363 

Middlesex, 

1 

- 

- 

52 

38,769  50 

33.322  00 

2 

6.625 

in 

169.400 

109.450 

Tolland, 

4 

" 

~ 

19 

12.150  CO 

18,600  00 

.1 

2.500 

47 

.35.100 

18,150 

Total  amounts, 

155.000 

102.125 

408 

476.338  86 

231,812  00 

24 

64.712 

560 

1.371.404 

81 1.1  n 

COUNTIES. 


Hartford. 
New  Haven. 
New  London. 
Fairfield. 
Windham, 
Litchfield. 
Middlesex. 
Tolland. 


Total  amounts. 


Carriasres. 


Value  in 
dollars. 


14.080 
14,275 
23,000 
17.. 500 


68.855 


Wooden  Clocks. 


Xumber.  '  Value  in 

dollars.     S 


Paper. 


5.ob5 
5.000 


38,950 
50.000 


4.000       34.000 


14.565     122.955  '   19 


Value  in 
dollars. 


17.S20 
21.780 
13.980 
14.100 

5.508 
2.000 
4.000 


Marble 

Work. 


Value  in 
dollars. 


.500 


3.500 


82.188       11.000 


Glass. 


Value  in 
dollars. 


27.360 


2       27.360 


Potteries. 


Rope  Walks. 


_^        Value  in 
S       dollars,  of 
■^    \     W.ares. 


Num- 
ber. 


9.740 


3  21.000 


12 


30.740  i     18 


N'alue  in 

dollars,  of 

conlage. 


33.150 

36,000 

122,300 


.52.500 


243,950 


Gun 

Powder. 

COI.NTIES. 

Mills, 

Val 

uc  in  dol- 

lars. 

Hartford. 

* 

43.440 

New  Haven.     - 

- 

- 

New  London.  - 

- 

- 

Fairfield. 

- 

- 

Windham. 

- 

200 

Litchfield. 

- 

Middlesex. 

- 

- 

Tolland. 

" 

" 

Total  amounts, 

1 

43.610 

Combs. 


Value  in  dol  ■ 
lars. 


15.000 
7.000 

7.000 

6.500 

1.500 

33.000 


Straw  Bon- 
nets. 


\  alue  in  dol- 
lars. 


2.000 


17.000 
1.800 

6.300 


70.000 


Miscellaneous 
Goods. 


Value  in  dollars. 


39.900 

22.352 

9.360 


27.100 


.Articles  of  a  Doubtful  Xature 
(ind  .is'riculiuml. 


Bricks. 


Value  in  dollars. 


Sheep. 


Number. 


2.000 


■1.612 


2.000 


400.000* 


*  .\s  estimated  bv  the  Marshal. 


738 


FINANCE. 


[1814. 


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1814.] 


DIGEST   OF   MANUFACTURES. 


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1814.] 


DIGEST   OF   MANUFACTURES. 


741 


CI 

■a 
& 
o 
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c 

3 

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o 

on 

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o 
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425,000 
3,120,000 

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to 
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CO 

in 

5,800 
10,500 

7,000 

15,000 
4,000 
4,150 

7,400 

4,906 
10,000 

6,500 
900 

o 
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,      ,      ,           -!<'    ,             1      ,      .      .      .                    ,      :             .                                       

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,1,2 

o 

H 

O 
U 

Suffolk, 
Queens, 
Kings, 
Richmond. 
New  York 
West  Chester, 
Rockland. 
Dutchess, 
Columbia, 
Greene, 
Ulster, 
Orange, 
Sullivan. 
Delaware. 
Albany, 
Rensselaer, 
Schenectady. 
Suratoga, 
Washington. 
Essex. 
Clinton. 
Franklin. 
Montgomery. 
Schoharie, 
Herkimer. 
Oneida, 
Jefferson, 
St.  Lawrence- 
Lewis, 
Madison. 

Otsego, 

Onondaga, 

Chenango. 

Cortlandt. 

Broom. 

I  loga- 

Cayuga. 

Seneca. 

Ontario, 

Steuben, 

Alleghany. 

Genesee. 

Niagara. 

en 
O 

3 

"n 
"o 

94 


tl 


742 


FINANCE. 


[1814. 


STATE  OF  NEW  JERSEY— Manufactures. 


Cotton  Manufacturing  Estab- 

Mixed Cloth,  and  Cotton 

Flaxen  Goods,  in  fami- 

Blended and  unnamed 

lishments. 

ditto,  chiefly  mixed. 

lies,  &c. 

Cloths  and  Stuffs. 

in 

cn 

i 

t 

COUNTIES. 

OJ 

1> 

ci 

a 

u 

o 

<ll 

o 

H 

-s 

■^ 

T3 

-d 

"3 

^ 

T3 

(/i 

E 

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E 

E 

E 

_C 

-? 

en 

■n 

o 

71 

en 

3 

en 

3 

' 

CO 

s 

J3 

A 

S 

X 

^ 

rf 

oj 

u 

>* 

t> 

>- 

> 

>■ 

K* 

> 

r* 

Essex, 

. 

. 

201,836 

160,000 

Sussex.     - 

- 

- 

- 

4,880 

2,440  00 

169,902 

67,960 

73,330 

41,248 

Hunterdon, 

- 

- 

20,580 

10,280  00 

152.905 

61,162 

Burlington, 

- 

- 

- 

32,196 

16,098  00 

Monmoutli, 

- 

- 

- 

- 

- 

18,749 

11,705 

Morris, 

4 

17,500 

2,625 

14,063 

7,031  00 

164,240 

54,746 

Middlesex, 

- 

- 

- 

- 

- 

108,720 

43,488 

GJoucestei-, 

- 

- 

- 

- 

- 

- 

149,094 

198,295 

Somerset. 

- 

- 

- 

- 

- 

- 

- 

120,048 

59,819 

Salem. 

- 

- 

- 

36,000 

25,560  00 

44,200 

22,100 

Bergen,     - 

- 

- 

- 

29,137 

14,568  50 

139,035 

69,517 

Cumberland.     - 

- 

- 

- 

- 

- 

68,467 

31,850 

Cape  May, 

- 

- 

- 

" 

*" 

' 

19,482 

9,741 

Total  amounts. 

4 

17,500 

2,625 

136,856 

75,977  50 

847,469 

350,823 

582,539 

480,808 

Woollen  Goods,  in  families, 

Blankets  of  wool. 

Carpeting 

■•  and  Co 

Yarn. 

Cotton  and  Wool 

&c. 

verlets. 

spun  in  mills. 

X 

„ 

1 

ci 

S 

a 

03 

COUNTIES. 

"o 

"3 

o 

"c 

"g 

-a 

rt 

^ 

X 

'O 

E 

c 

L. 

c 

£ 

c 

X 

e: 

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C 

T) 

V 

.n 

o 

Cfi 

OJ 

■o 

G. 

> 

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^ 

3 

E 

"2 

3 

3 

3 

3 

a 

<JS 

rt 

rf 

O 

c 

. 

O 

a 

> 

> 

^ 

r' 

K- 

> 

Ph 

^ 

PL. 

> 

Essex, 

43,000 

40,000 

Sussex, 

97,561 

73,170 

Hunterdon, 

48.477 

36,357 

278 

1,112 

200 

60 

Burlington, 

34,123 

34,123 

- 

- 

- 

17,200 

12, 

890 

- 

- 

Monmouth. 

Morris, 

60,830 

45,628 

- 

- 

- 

- 

- 

- 

8,200 

9,225 

Middlesex, 

35,831 

83,140 

Gloucester. 

Somerset. 

Salem, 

13,200 

9,900 

Bergen, 

11,739 

14,673 

Cumberland,     - 

29,552 

23,641 

Cape  May. 

Total  amounts, 

374,313 

360,632 

278 

1,112 

200 

60 

17,200 

12,890 

8,200 

9,225 

Silk  Manufactories. 

Stocking-s. 

Rued  Manufiic- 
tories. 

Carding  Machines. 

COUNTIES. 

Looms. 

dollars. 

u 

E 

c 

5 

S 

.= 

o 

:ft 

c 

•  ' 

J3 

eft 

It 

.n 

HJ 

.3 

- 

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g 

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2 

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~S. 

E 

_3 

3 

O 

_3 

S5 

> 

¥^ 

d. 

^ 

2; 

K* 

'^ 

a. 

^ 

Essex, 

762 

. 

. 

6 

Sussex,     - 

- 

- 

- 

- 

- 

712 

- 

- 

28 

88,700 

37,254 

Hunterdon, 

- 

- 

- 

- 

- 

533 

- 

- 

19 

59,000 

29,500 

Burlington, 

1 

1,800 

1,800 

- 

- 

140 

- 

- 

16 

39,900 

19,950 

Monmouth, 

- 

- 

- 

- 

- 

31 

- 

4 

13,950 

6,975 

Morris,     - 

- 

- 

- 

655 

- 

- 

10 

24,200 

12,100 

Middlesex, 

- 

- 

- 

- 

190 

- 

- 

/ 

Gloucester, 

- 

- 

- 

- 

- 

192 

- 

- 

/ 

28,150 

14,075 

Somerset, 

- 

- 

- 

- 

- 

350 

- 

- 

15 

- 

10,500 

Salem, 

- 

- 

- 

- 

- 

117 

- 

- 

2 

3,500 

17,500 

Bergen,     - 

- 

- 

- 

- 

- 

766 

800 

1,000 

/ 

Cumberland,     - 

- 

- 

15,837 

11,877 

144 

- 

- 

7 

Cape  May, 

~ 

- 

~ 

• 

' 

56 

Total  amounts, 

1 

1,800 

1,800 

15,837 

11,877 

4,648 

800 

1,000 

128 

257,400 

147,854 

1814.] 


DIGEST    OF    MANUFACTURES. 


743 


NEW  JEUSEY— Manuractures  continued. 


Fullinir  Mills. 

Labor-saving'  Machinery. 

1  latteries. 

COUNTIES. 

"6 

o 

tA 

E 

1 

a 

c 

ba  =« 

« 

ho 

tn 

(« 

e 

0^ 

.E  E 

2.5 
O 

— 

3 

'c 
c 

-5 

h 

.5 
'E. 

C/) 

Spindle 

I*' 

Essex, 

13,000 

. 

1 

9,900 

26.150 

76,450 

Sussex, 

11 

59,000 

73,750 

Huntertloii, 

1 

21,700 

27,125 

_ 

„ 

. 

_ 

_ 

, 

1 

22 

Burlingtoti, 

I 

19,000 

23,750 

- 

- 

- 

4 

_ 

_ 

170 

Mouinoutli, 

2 

13,500 

16,875 

Morris, 

s 

33,110 

41,050 

2 

4 

_ 

_ 

1 

. 

876 

Middlesex. 

5 

Gloucester, 

•2 

'2,500 

Somerset, 

6 

- 

14,450 

Salern, 

.1 

13,500 

16,880 

Bergen,     - 

3 

- 

- 

- 

_ 

. 

_ 

. 

3,424 

7,802 

Cuniberlaiui, 

4 

- 

- 

2 

4 

4 

1 

1 

_ 

880 

1,950 

7,800 

Cape  May. 

8 

O 

1 

1 

8 

Total  amounts. 

.5-2 

201,f)10 

21.3,880 

3 

0 

4 

11,84 

31,524 

94,052 

Blast  and  Air  Furnaces. 

Bloome 

ries. 

Forges. 

Trip  Hammers. 

en 

«i 

o 

^ 

COUNTIES- 

"o 

c 
g 

"o 

"o 

o 

"o 

•— ( 

T3 

^  0 

-d 

>  — 

-J 

S 

C 

C 
3 

.a 

s 

O 

C 
3 

u 

1 

o 

en 

:3 

OJ 
J2 

o  « 

a 

3 

^ 

o 

a 
>• 

"A 

o 

.* 

K* 

^ 

fS 

i 

o 

Essex. 

Sussex, 

1 

321 

11,172 

17 

609 

3,338 

Hunterdon. 

Burlington, 

G 

2,525 

140,000 

- 

- 

9 

885 

97,450 

Monmoutii. 

Morris, 

- 

- 

- 

55 

1,430 

107,997 

- 

- 

- 

•  > 

_ 

12,200 

Middlesex, 

- 

- 

- 

- 

- 

3,500 

Gloucester. 

3 

2,710 

147,700 

- 

- 

- 

o 

350 

35,000 

Somerset, 

- 

- 

- 

.> 

Salem. 

Bergen,     - 

■1 

300 

00,000 

- 

250 

25.000 

6 

Cumberland,     - 

- 

- 

- 

.1 

- 

H 

- 

_ 

4 

600 

36,000 

Cape  May. 

1-2 

Total  amounts. 

5,859 

361,932 

77 

2,289 

139,835 

•2 

5 

1,235 

132,450 

6 

600 

48,200 

Roll 

ing  and 
Mill 

slitting 

^_ 

N.iileries. 

Guns 

Steel  Furnaces. 

io  S 
C  'E 
•^  o 

a!) 

COUNTIES. 

'<J     - 
—  ♦J 

E 

3 

c 

c 
aj 

E 

3 

E 

E 

1) 

E 

en 

1 

c 

0) 

•^ 

o 

i> 

*2 

o 

a 
> 

& 

^ 

i 

O 

> 

Essex,    . 

3 

31,300 

3.136 

1 

Sussex, 

. 

. 

1 

56,000 

5,000 

Hunterdon. 

Burlington, 

1 

200 

30.000 

1 

358,400 

32.000 

. 

1 

1,500 

15,000 

1 

300 

45,000 

Monmouth, 

. 

. 

1 

1.000 

250 

Morris, 

o 

650 

•2 

268,800 

26,800 

Middlesex, 

. 

, 

1 

40,320 

4,000 

Gloucester. 

Somerset, 

. 

1 

5,000 

Salem. 

Bergen, 

. 

1 

201,600 

20,160 

Cumberland. 

Cape  May. 

11 

1 

1 

300 

Total  amounts, 

3 

850 

30,000 

957,480 

96,346 

1 

1,500 

15,000 

45,000 

744 


FINANCE. 


[1814. 


NEW  JERSEY— Manufactures  continued. 


COUNTIES. 


Essex,    . 

Sussex. 

Hunterdon. 

Burlington. 

Monmouth. 

Morris. 

Middlesex, 

Gloucester. 

Somerset. 

Salem. 

Bergen, 

Cumberland. 

Cape  May. 


Total  amounts, 


Door  Locks. 


6 


936 


9.36 


Value  in 
dollars. 


4,680 


4,680 


Large 

screws,steel 

springs,  &.C. 

Value   in 
dollars. 


15,000 


15,000 


Tin  Plate 
work. 


Value    in 
dollars. 


29,250 


29,250 


Plating  Manufac- 
tories. 


V 

B 


Value  in 
dollars. 


15,000 


3,350 


18.350 


Hydrostatic 
Machines, 


Tallow  Can- 
dles. 


Value  in 
dollars. 


11,529 


11,529 


Soap. 


Value  in  dol- 
lars. 


3,846 


3,846 


COUNTIES. 


Essex,    . 

Sussex, 

Hunterdon, 

Burlington, 

Monmouth, 

Morris,  . 

Middlesex, 

Gloucester, 

Somerset, 

Salem,  . 

Bergen, 

Cumberland, 

Cape  May. 


Total  amounts. 


Tanneries. 


Shoes,  Boots,  and  Slippers. 


No. 


Hides. 


26 
45 
26 
18 
38 
17 
13 
30 

9 
20 

6 


248 


12,310 

5,000 
6,025 
6,200 
4,450 

3,300 
6,230 
3,000 


46,515 


Calf  Skins. 

Sheep 

Skins. 

4,760 

600 

445 

2,325 

4,850 

1,420 

1,950 

1,560 

4,460 

1,514 

110 

20,320 

3,674 

Leather 

unnamed. 

Value. 


,970 


44,600 


26 


,912 


123,482 


Leather  by- 
weight,  re- 
duced to 
pounds. 


Total  value 
in  dollars. 


9, 


000 


9,000 


51,970 
71,370 
44,600 
25,450 
34,775 
39,625 
23,805 
26,912 
20,935 
35,537 
11,208 


386,187 


Pairs. 


324,775 


18,018 


342,793 


Value  in  dol- 
lars. 


400,000  00 


27,685  20 


427,685  20 


Flaxseed  Oil  Mills. 


COUNTIES. 


No. 


Essex,    . 

Sussex, 

Hunterdon, 

Burlington, 

Monmouth, 

Morris,  . 

Middlesex, 

Gloucester, 

Somerset, 

Salem,  . 

Bergen, 

Cumberland, 

Cape  May. 


Total  amounts, 


Gallons. 


18,800 
4,500 
5,350 


950 


29,600 


Value  in 
doUai's. 


18,800 
4,500 
5,350 


950 


29,600 


Distilleries. 


No. 


82 
121 
118 
56 
35 
83 
44 
68 
31 
35 
22 
32 


727 


Gallons. 


307,310 

201,440 

77,436 

69,590 

4,276 

154,750 

95,240 

42,700 

83,350 

25,000 

19,530 

21,650 


1,102,272 


Value  in     No. 
dollars. 


Breweries. 


153,650 

125,900 

39,317 

49,914 

2,138 

77,375 

47,620 

32,859 

44,070 

15,000 

9,962 

17,320 


615,125 


Gallons       Value  in 
brewed.       dollars. 


17,600 
11,050 

38,400 


1,280 


6        68,330* 


Carriages 
made. 


Bark 
ground. 


Value  in 
dollars 


6,600 
1,989 

8,400 


240 


129,500 


27,229 


129,500 


Value  in 
dollars. 


3,500 


3,500 


*  Or  2, 170  barrels. 


1814.] 


DIGEST  OF  MANUFACTURES. 


745 


NEW  JERSEY— Manufactures  continued. 


COUNTIES. 

Paper. 

Playing  Cards. 

Glass  Manufactories. 

Potteries. 

Drugs. 

MiUs 

Reams. 

Value  in 

Dozens  of 

Value  in 

Glass 

Sq.  feet 

BotUes. 

Value  in 

No. 

Value  in 

Value  in 

10 

dollars. 

packs. 

dollars. 

works. 

of  Glass. 

dollars. 

dollars. 

dollars. 

Essex, 

17,850 

• 

27,750 

30,000 

Sussex. 

Hunterdon. 

Burlington, 

1 

3,380 

16,900 

Monmouth. 

Morris, 

2 

4,000 

10,000 

. 

. 

2 

5,200 

Middlesex, 

1 

3,000 

5,000 

Gloucester, 

. 

. 

2 

59.593 

Somerset. 

Salem, 

, 

, 

. 

• 

2,900 

Bergen, 

, 

3,000 

3,750 

Cumberland,     . 

, 

, 

2 

322,000 

7,600 

60,851 

Cape  May. 

Total  amounts, 

14 

10,380 

49,750 

3,000 

3,750 

4 

322,000 

7,600 

120,444 

2 

35,850 

30,000 

Artides  of  a  doubtful  na- 

Paints. 

Chocolate. 

Gunpowder. 

Straw 
Bonnets, 

ture,  or  Agricultural. 

^ 

Mahogany 
sawed. 

Bricks. 

'5    3 

COUNTIES, 

•r 

? 

£ 

C-T3 

'A 

•3. 

S 

lA 

£ 

u 

■A 

«J  .3 

3 

u 

a 

J=  J^ 

2 

a 

-d 

-d 

o 

-3 

-0 

_o 

<«    >. 

t5 

c 

tn 

c 

T3 

.S 

c 

a 

c 

c 

i° 

3 

en 

C 

u 

C 

OJ 

o 

.i^ 

^  <«.-; 

C 

o 

_3 

r3 

o 
0. 

_3 

'% 

3 
O 

a- 

g 

3 

3 
> 

o 
o 

y^'^ 
u 

Essex, 

1 

6,000 

Sussex, 

, 

1 

1,500 

1,125 

Hunterdon. 

Burlington. 

Monmouth. 

Morris, 

, 

, 

, 

. 

. 

40 

160 

Middlesex, 

1 

100 

10,000 

, 

1 

67,200 

60,000 

Gloucester. 

Somerset. 

Salem, 

22.500 

Bergen. 

Cumberland,     . 

1 

300,000 

60,000 

. 

. 

. 

. 

, 

88,850 

10,153 

Cape  May. 

32,500 

1 

40 

1 

Total  amounts. 

1 

100 

300,000 

60,000 

2 

68,700 

61,125 

160 

6,000 

88,850 

10.153 

746 


>5 
> 

O 

a 
H 

H 

02 


FINANCE. 


[1814. 


;   o 


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r^  CO 

CO 


o 

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00  o 
00  00 


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rt  CT  rt         O!  (M  ^ 


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(-St  -4io*otocO'-^CJO{^inCTiGOinooindincoc?'^oja 

-H  ooDtO  —  OOI~{--hC1-7'  —  (MOOt^COOO  —  -hCTOC 

co  to  -f  'O  o  i~  i-  —  o  o>  --  m  CO  (^  CO  o  to  -?  CO  c>  oi  — '  -*  c 

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to    '  oto  —  QOOf^c'oo 

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to  O  —  —  CO 

in  in       CO  —  CO 


o  cT 

O^  00 


oo  1-1  CO 

CQ  o»  m 


ts 

e 

p 

r; 

c 

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3 

w 

o 

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c 

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en 

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o 

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;j 

c 

J3 

6 

3 


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05 


OI  to  CT  CO  5) 


I  —         —  cj 


OO          CO  O  ^HtOtoO-^toCOOii^-tt'OO 

oco       in  CO  Tticof^c*intoi^c?coin*^ 

oc)       in  —  -^cot^o— •inoTjio       in 

»•»                "i          'l  r^      r-      r       f      w^      t^      f^  ^ 

inoo'i^  —  t^cooiococotJi       — 

O  OJ  CO  Oi  o>        i~  — 


tooooco-f'+'ocoin  —  o  Oct  cjoo      to 

oo-^toocoCTcj-'^oin  Oin  to^ji      i— < 

cootoinincj-^t^t^ooD  Oin  cocs      o 

^H^^oco-ftocicscoCT  ini:ji  r^into 


o 


^5 
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o  o 

a 

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QJ    -5   o     „  C3 
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1814.] 


DIGEST   OF   MANUFACTURES. 


"C 

o 
o 


Oh 


o 

OS 

be 


o 

J3 


r47 


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g  E  I' 
o  >-  c 


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— '  C^J  ^'>  -^  t^  C^i-^  (7)' 


o  o  o  cri  in  o  o  o  o  ^  ^ 

o  i-  o  CO  m  o  o  1^  o  o  S 

•-0  Tf_o  '■;_'0  o^c)  oc  -^  o  o 

■?»  to  o> 


i23 


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o 


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—  O! 


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o  o  o  r-  o)  <M    ,  m  o 


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o 

o 


<??  -T-  Cl  t^  oo  00 
™  O  -T"  CO  CO 


CO  o 
CO   -3" 


o  o  o  o  c  m  o  o  —  c 
2  o  o  o^  11  "ri  CJ  c  CJ  o 
O  O^OC^O)QOi^— -coo 
~f  o  00  t^  in  j~r  i^f  f^)  Qc"  — T 
— '       ':)  01  ro  rt  o)  c) 


oooco-roooooo 

OOOtO-COOOOOO 
COOOOtOtOOOi^OOO 


0}  —  c)  CO  un  00 
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00 

to 


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3  =: 


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o  —       -r 


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t^  t^  ^^   -^   -^  05  (7^ 


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t^  'O  O  05  O  '-«  'T  O  —  O  O  O  O  CO  —  tn  <— (  OD  ^  ^ 

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—  —  c-JcT)COo-^t<o}030^  itoi^coJ^inco 

—  —  —  ojcooco  —  OT<7)  in          00  o!  — 


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3 

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*—  """^  "~   —  _^   -•  ^3   "*  S  ^   i>^  o   i'  r"  ■"  *—    ~^   T"  ^    ■— 

cu;;:  =,  =  "=  '-  =^  =  CJ  5  «  !->>  £  =  — .:;  3-  c 
;j^cj>-<!lfi,?:Suc»fcO?S*.3=.a;<;S;>0 


748 


FINANCE. 


[1814. 


o 

K 
c 

p.. 

Value 
in  dol- 
lars. 

250 

0 
10 

Quantity 

woven  of 

cotton  and 

straw. 

0 
0 

»f5 

0 

■jaqmnjif 

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t-H 

2 

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wheel  Iron 
Manufacto- 
ries. 

III                             1                                                                                     ^^1 

1— 1 

1 

> 

Machines 
for  cutting 
and  setting 
card  teeth. 

111                             I                                                                                      1        1       ••^ 

- 

Manufacto- 
ries for  cot- 
ton rollers. 

111                             1                                                                                       1        1       '^ 

1 

1-^ 

oeoo»<i)«oojoo           CO                                       o>o«;           o-^ioo           ooooct 
!>50CTjix>ooaoaotD«^        ,03                                       ^o>oo           — io>m«o        ,oco-^(m 

a, 
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Suiuuidg 

1—  CM 1                                             ^          ,         ^               ,,          ,,          ,,,,^ 

0 

-  2 
0  S 

^1 

"0^1       II              1,1:              1—                                                                  ,              ,OJ«5,,              ,,              1,11, 

^ 

Patent 
Shearing 
Machines. 

■  ^111         lilt         II                                          1         1         1         1     i    1         II         

- 

•spaa 

1    CM     ,      ,      ,            1      .      1      1            II                                                       1            1            1            III            II            

(M 

^    *^     1      1      1            1 I II            1      1      1      ,      1 

t^ 

m    3 

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0  to  Tt                    m                                                                                                                                   T(i 
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to 
0 

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1 

C3  -b  '    '    ; c      :S                            T3   '    ■    ■    ' 

s 

3 

0 

J 

1814.] 


DIGEST   OF    MANUFACTURES. 


749 


hr, 
"o 

"^  "3 

o 

o  o  o      o 
o  o  •-=      >o 
o  -^  o       ta 

r       .^       .■                .1 

rM  OC   -X          (N 
OCi  lO  C-}         (N 

125,000 

27,400 
2G,650 

to 

CJ 

to 
o 
to 

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JO  SUOJ, 

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o 

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CO 

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DIGEST  OF    MANUFACTURES. 


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FINANCE. 


[1814. 


Value 
in  dol- 
lars. 

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0       c^t--t'0^ini^cocooo_^aoot^       ^co^tom^t^votoo 

co"     oif  of-^TcTo"— '^"^oT'-o      — "cT     00 —'oTin  irTt-^t-Too" 
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14,500 
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8,920 

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Philadelphia  City, 

Philadelphia  County,      . 

Montgomery, 

Bucks, 

Northampton, 

Wayne, 

Delaware, 

Chester, 

Lancaster, 

Dauphin, 

Berks, 

Luzerne, 

Northumberland, 

Lycoming, 

Tioga  and  Potter, 

Erie, 

M'Kean. 

Warren. 

Jefferson. 

Armstrong, 

Clearfield. 

Indiana, 

Centre, 

Mitllin, 

Cumberland, 

York, 

Adams, 

Franklin, 

Bedford, 

Huntingdon, 

Cambria, 

Somerset. 

Fayette, 

Greene, 

Westmoreland, 

Washington, 

Beaver, 

Butler, 

Alleghany, 

Mercer, 

Venango, 

Crawford, 

1814.] 


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FINANCE. 


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130,431 

7,500 

3,000 

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39.000 

10,414 

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100,200 

7,500 

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24,574 

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15,000 

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10,029 

25,433 

1,750 

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39,486 

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3,900 

2,500 

50,100 

2,500 

2,600 
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O 


O 


fe^l^|ii^^;^tf  S3=|gd 


1814.] 


DIGEST  OF   MANUFACTURES. 


■o 

3 
C 

a 
o 
o 


3 


■& 


a 


J3 

3 
O 


< 

I 

> 

CO 

a, 


6 

3 


E 


(63 


•paujnpa  d3Di|s  jo  joqiunu  3|0ij/^ 


5J     "^     C 
O     >    t- 


W)      w 


Q.C 

X  ■"' 

rt    g 


CO  OO  t^  «r(M  to  fN  co'cfo-^-Tco'—'crr 


—  CO  o» 


CO  CO  CO  CO    —<  CO 


^  CO  CO   —  —  CO   -. 


—  o»       ^  ,^ 


CJ 


to 

CO 

o 
eo" 
to 


e  «  Ji 


5  "^ 


o»  05 

0 

CO 

t-  ■» 

00 

o» 

CJ 

CO 

0» 


si 


cn 


CO  oj    o 

°  !; 

c  -a 

'E  c 

5  S 


ir»  o  to  — • 
00  o  J-  o» 

CO  'J-  o 


a>  o  00  to      -"  lO 
Ci  -^  c»  —        -"  QC 


CO  (N        00  —  0 

o  to  .-«  to 

—  CO  — 1 


u  o 

c  -g  ^ 
'Ei  t« 
«J   o 


to  -3>  00  r^ 
>o       to 


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-1  CO  — 


C^  C»  05  ^ 
0( 


—  CJ  CO  -^  —  — 


'  -<         0}  CO 


o 

X 


OOOCO-^t^OJ^OtOOtOOl— "CQincO'-iaOr^—  ln^OO^^f^tOtO■n.L-5«<=fnrr^r^rT,_  —  >      „,^^^ 

.nootooo  —  (-coin-.oococo{-Tj>o-caooejo-;oj'i5coorJS^§SSSS?;^St:£?2?22 
—  10  o  Tf  CJ       CO -I- i~r  o  o  CO  o  M  '-'-...■^...r        -.^_.--'_^- '-•>-_ 


—      w-s-Tr-.  — toxtco       >.■>  o  ^  e^  t-^  ^  o)  00  c>      « 


to 


3  — 
3  -^ 


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o 

o 


o  o 


fe 


o 


o 


c    . 

_3^ 

> 


000 

(N  CO  to 
.  Cf  t^  wO 


o  ot  o  o  o 

tn  GO  o  <»  o 

to  o  o  —  to 

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(^  Of         — 


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000 
c  to  o 
to  — i  c^ 


0000 
00  o  o  o 

-*  —  00  -• 


o 

^ 


000 
000 

O)  O  10 

.  CO  tiTcT 

«^     TJ-    CO 


0000      o 

to  O  UO  o         o 
O  to  to  O  CT 


o 
o 
o 


.  m  00  "i"  CO     .CO 
CO  to       o       — 

Oi  —         — 


000 
000 
00  00  o 

.  00  cTio" 
o»  — .  —I 


O  O  3  O 

0000 
to  o  o  00 


CO  Cj  -< 
CO  —  — 


•I"  00  CI  o 
.  O  Oi  OJ  >o 


CJ  —  ^  _ 


>t3 


to 

CO 


3 
o 


o 

o 
.  to 


Cd 

H 

s 
o 
o 


_a._D.  s       ?■ 

OJ    1) 


■    u 


a> 


■X)"- 


1  ^ 

-2       o 

o  £  =  c 
-=  3'c  ci 


.C.3^  =^b».   =-■-=  rf  cj  a^  3^=  >..2't:i. 


o 

5i  a  3j 


1;   ! 


X     1- 


;=----i2    -=-ii.c--j3rt:c:-^^i 


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764 


FINANCE. 


[1814. 


STATE  OF  DELAWARE-Manufactures. 


M 

Cotton  Goods, 

B 

Flaxen  Goods,  in  fami- 

in families,  &c. 

w  <• 

lies,  &c. 

hIiXi 

3.  6 

t.    3 

COUNTIES. 

■Si 

5Z 
J  1 

!3     , 

o 

1 

-3 

' 

S 

." 

^  g 

E 

.S 

V 

*"  '7 

o 

' 

t3 

:z 

o  -^ 

"d 

3 

> 

o 

> 

Newcastle, 

661 

661 

3 

75,440 

30,176  00 

Kent, 

- 

- 

- 

38,427 

19,213  50 

Sussex,     - 

- 

- 

166,502 

83,251   00 

Total  amounts. 

661 

661 

3 

280,369 

132,640  50 

Mixed  Cloth 
and  hempen 
chiefly  mixed 


Woollen  Goods 
in  families,  &c. 


17,820 


17,820 


o 
-a 


10,578  11,524 

4,269 
48,150 


10,578 


63,943 


'd 
c 


11,534 

4,269 
48,150 


63,943      2 


Woollen  Manufacturing 
Estabhshments. 


20,500 


20,500 


^3 


41,000 


41,000 


COUNTIES. 


Cotton  and  Wool 
Spun  in  Mills. 


3 
o 

p- 


o 


Newcastle, 
Kent, 

Sussex, 


I 
130.000'    91.000 


Total  amounts. 


130,000 


91,000 


Stocking's. 


6,563 


o 
■d 


Looms. 


'^ 


4,759  10 


6,563  4,759  10 


167 
200 

1,638 


2,005 


3    3  t  -  J£ 


10 

1 


Spin- 
dles. 


Si 

£ 


11 


Hatteries. 


Forges. 


J3 


1.822 


8     1,822 


r,26: 


7,267 


13  ,2 


500 


500 


29,795 


29,795 


v 

J3 

. 

g 

3 

o 

;z; 

H 

5 

215 

5 

215 

o 

•d 


23,220 


23,220 


Rolling- &  Slitting  Mills. 


COUNTIES. 


Newcastle, 
Kent,     - 
Sussex, 


Total  ami)iints. 


No. 


Tons. 


1 ,200 


1,200 


Value  in 
dollars. 


156,000 


156,000 


Nails. 


Nailer- 
ies. 


Pounds. 


201,600 


Value  in 
dollars. 


16,200 


201,600 


16,200 


Tanneries. 


No. 


10 

12 

3 


Hides  and 
Skins  tan'd. 


16,180 
16,000 


32,180 


Pounds 
tanned. 


14,330 


14,330 


Value  in 
dollars. 


56,405 
52,000 

2,866 


11 '.,271 


Shoes  and  Boots. 


Pairs. 


34,898 


34,898 


Value  in 
dollars. 


53,748 


53,748 


COITNTIK.?. 


Newcastle, 

Kent, 

Sussex, 


Total  amounts. 


Distilleries. 


No.  !  Gallons. 


19 
12 
20 


51 


10,800 

4,800 

12,000 


27,600 


Value  in 
doll;u-s. 


5,400 

2,880 
7.200 


15,480 


Breweries. 


Paper  Mills. 


No. 


Barrels. 

Value 
in  dolls 

No. 

476 

7,616 

4 

476 

7,616 

4 

Value  in 
dollars. 


75,000 


r5.000 


Snuff  Mills. 


No. 


Pounds. 


71,800 


71,800 


Value  in 
dollars. 


17,950 


17,950 


Rope  Walks. 


No. 


Tons 


Value 
in  dolls. 


250 


250 


12,800 


12,800 


COUNTIES. 


Newcastle, 

Kent, 

Sussex, 


Total  amounts. 


Gun  Powder. 


Mill: 


Poimds. 


250.000 


250,000 


Value  in 
dollars. 


125,000 


125,000 


Salt. 


Works. 

Bush 'Is 

7 

4,100 

7 

4,100 

Value 
in  dollt 


2.050 


2,050 


Artichis  of  a  doubtful  naturp,  or  Jigriculhiral. 


Grist  Mills. 


No. 


27 
15 


42 


Barrels 
of  Flour. 


80,000 
12,400 


BaiTels  of 
Cornmeal 


30,000 


Value  in 
dollars. 


905,000 
99,200 


92,400 


30,000 


1,004,200 


Barlev  Mills. 


No. 


Pounds. 


150,000 


150,000 


Value 
in  dolls 


10,000 


10,000 


1814.] 


DIGEST   OF   MANUFACTURES. 


765 


c 

IS 
o 

CD 

bo 

c 

■> 

d 

:!. 

o 

-§ 

•ssipuids 

00 
to                00         «>                                   «>                (N                O 

in                                   o            «            o 

a. 
o 

sauiBjj  Suiuuids 

1                 1         -<                                   1               (N                ,    m 

to 

■siaaji 

■ 

(M 

mjM  SlUOO'I 

<    O           1            •                                   1                  1                  1     , 

<M 

•S3IUU3f 

I    '^           1          -^                                   1                  I                 1      , 

O 

•saiiiw 

:      1            1            1                                 '^                1                 II 

- 

•s3uupi;w  Su; 

-.VOJ  pUB  Sui:ttBJf[ 

•     .            •            ■                                 ^ 

CO 

be 

c 

•saB[iop  ui  3n[B^v 

4,500 
7,000 

400 

4,945 

17,000 

CO 

•pailTij  spjBA 

3,000 
12,400 

400 

4,945 

17,000 

CO 

•siI'W 

,-H                TjlTjIrt                        (N(»0»                        rt                        Tj<, 

(M 

IH 

o 

us 

to 
c 

'i. 

u 

•SJBIIOp  UI  30(8 jV 

400 
1,014 

700 
6C9 

1,733 

CO 

•spuno,! 

4,000 
16,900 

7,000 
11,150 

28,886 

CO 
CO 
Or 

CO 

« 

•jaqumM 

,-H       Tt      n    ,           co<N^(M      oj           -H, 

5,795        10        32 

u 

3 

•sujooq  Sut^Dois 

ii~«^.            "Nil, 

s 

•suiooT 

05  —  ooocot^-^OGOtcinoii^oo      o^ 

< 

o 

o 

•sjBiiop  UI  snjBA 

2,400 

200 

8,975 

1,971 
10,000 

CO 

to 

CO~ 

•SJIBtl 

4,000 

100 
13,397 

3,591 
20,000 

00 
00 

o 

2 

Cotton  and 

Wool  spun  in 

Mills. 

•sjB[]op  UI  jniBjV 

.     .      i   S 

/3 

■spunoj 

O 

CO 

'    '     '  r^ I    1    1    1    1    1         1    , 

o 
to 

to" 

05 

Carpeting- 

and 
Coverlets. 

•SJBHOp  UI  3n[K^\ 

o 
I    o 

o 

o 
o 

O) 

■  apEUI  SpjBj^, 

^  g 

o 

■S}u; 
SuunjoE 

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nUBW    U3I[OOA\ 

'''''-'''•'■ 1    . 

- 

Ed 

C    s 

o  " 
t3   O 

55 

■sjEiiop  UI  ani^A 

~  ^„  *";'-''  '-'^,  o  o  CO  o  ih  (-M  f~  T«  lo  o  o  5t5  (Ti  m 

s  -  2  s  ?•  -  SS  g -is  5'='if -'§  j||  g 

o 
eo__ 

CO* 

o 

•apBm  spjB  \ 

'^.- =%=^.,'','-^^.';=','^^.■o  g  o  °  5  -  00  § 

o  o  o  or  o  1.-5  CO  .-o  ?-.  0)  cT  -  0)  o  cT  =■  -  '^^  j^' 

"O  «  cc  o  o  t-  o  ^  o  o  CO  i-  i  o  =  S  ,,  CO  p: 

CO 

to 

in" 
in 

unuiqsiiq 
HOEjnuEW  uo};o3 

00  CO 

'    '            '■■1111 

- 

H 

8 

Alleghany,   - 
Anne  Arundel, 
Baltimore  city, 

do.     county, 
Caroline, 
Cecil, 
Charles, 
Dorchester,  - 
Frederick,    - 
Harford, 
Kent, 

Montgomery, 
Prince  (reorge, 
Queen  Anne, 
Saint  Marys, 
Somer'set, 
Talbot, 
AVashington, 
"Worcester, 
Calvert. 

Total  amounts. 

tt 


^66 


FINANCE. 


[1814. 


09 

CO 

1 

RiBijop  ut  anpjA 

m 
to 

0 

00 

10,000 
2,840 

20,905 

•jaquin^ 

Oi 

CO 

in                   so 
■*                   10 

CO 

1— t 

•sjEj|op  ui  snfEA 

1,000 

4,100 
300 

0 
in 
1       I-            . 

0 
to~ 

•jaipo 

0        )    t            It            1 

0 

CT 

t 

■sstfia 

0 

00       '    • 

ift 
1        t-            1 

in 
in 

■ 

■jaquin^ 

n       •*  — 

(M 

0 
1—i 

tn 

•E 

■sa^ljop  ui  3rnE;\^ 

24,500 
24,100 

53,500 
13,448 

8,200 

00 

■* 

eo' 
CT 

1 
•s[re>ijospuiiod 

294,000 

660,800 
131,480 

80,000 

© 
00 
CT 

to 
to 
to 

•jaquin^ 

^  CO 

to     1           CO                  I                                    "^ 

0 

CT 

&0  bo 

■S.S 

•sjB[]op  UI  anpiA 

in 
<o 

0 
■n 

0 

0 

1     1          1               1                             -i' 

00" 

in 
to 
0^ 

c^ 
in 

■g 

=3 

.5 

c 
o 
u 

•suox 

1     1          .               >                            0 

to 

0 
•* 

•jaquin^i 

I                    1      ^H                  1          1                    1                              1                                                         •-• 

CT 

•s.re[iop  UI  aniuA 

0 
0 
CT 

1 

•jaquin^ 

1                 I     ^H 

1    1         1             I                           > 

1— 1 

1 

If 

0 

•SJG[[Op  UI  StlfBA. 

0 

in 

:            1    t^ 

Oi 

00 

88,440 
27,600 

75,200 

0 

00 

CT 

>- 

-< 

•suox 

I             1    00 

-*          0                                 0 

0     1          CO                  1                                     CT 
00             CT                                              t^ 

in 

CO 

•* 
oT 

t 

•jaquinf^ 

!                  1     1< 

in    1       CO             1                         CO 

in 

1— 1 

(0 

V 

0 

C 

•saEi[op  ui  ani^A 

0 
0 
1  0^  1    1 

in 

84,400 

42,920 
25,000 

45,333 

CO 

m 

to 

CT 

•spBUi  suox 

0 
,  0    .     . 

CO 

1,400 

-80 
500 

1,520 

0 
0 

m 
irf 

•joquinu  p5;ox 

1     r-      1     rt 

CO     1         CT  —           ■                                 5* 

0 

•S30T!Ujnj  JIV 

,        1        1    -H               '       •                '        '                ' 

•^ 

•s33EUjnj  ;sBia 

1    ^^      i       J 

CO     1         CT  ^           1                                 <N 

01 

Hatteries. 

•SJT!l|Op  UI  STipA 

3,700 

4,575 

147,000 

1,475 

000CT0022         S     2° 
ooo-a-coooo           0      00-* 

0  in  CO  00  j^  ^  ^'^            ,y     ^'^ 

tOi— <CTOOC0'~'CT              ^        ^co 
■*            in  rt                                   -< 

CT 

^« 

0 
CO 

•SITIH 

paxiui  puT!  100 ,vv 

0  in  0  0 
0  00  0  0 
^  0  •*  -i< 

CO 

cooooooo           2      SS 
ooinmt^ooo           2      f25£ 

0  CO  --^CT^OD  CT^Tf  0              0,       i^* 
^      .-""oTco'-h'"                    -<       00 

T->                            CT 

CO 

•j3qun\}<[ 

to  in  ^  ■* 

CT  —  CT  to  t^  CT  —    1              f^        00  m 
«               CO 

to 

0 

Xqsai 

inpVJ/i  SUIAT!3AV 

.    , -            '        '    ' 

- 

COUNTIES. 

Alleghany, 
Anne  Arundel, 
Baltimore  city. 

Do.    county,    - 

Caroline. 
Cecil, 
Charles, 
Dorchester,  - 
Frederick,    - 
Harford, 
Kent, 

Montgomery, 
Prince  George, 
Queen  Anne. 
Saint  Marys. 
Somerset,     - 
Talbot. 
Washington, 
Worcester, 
Calvert. 

en 

-4-> 

P 
0 

£ 

eS 

0 

H 

1814.] 


DIGEST    OF  MANUFACTURES. 


767- 


o 

en 

•sjE[]op  ut  snfBjV 

4,000 
250 

4,140 
1,500 

2,500 
2,560 

12 

•suon^O 

4,000 

5,175 
1,500 

2,500 
3,200 

in 

CO 

to 

■mm 

—         OJ                             O  -I         —                                   CO 

CO 

o 

■saT;|[op  ui  3n[r;A 

c 

'g    ■ 

o 
o 
in 

•sJ3ssaj{i  oooojoi\[ 

0«                            III 

in 

CO 

C 

•sjos 

in  © 
—  o» 
II                     1    1       —                         , 

2 

CO 

■sjT:|[op  III  anj-E  V 

oooo           ooCTiinooo 
O  0)_O  o_            C  Ci  ^  '^f  i-  J^  o                          . 
<M  —  cE           Oi  ~^  t^  n  at  (o  of 

OS                                      (N                 CO 

1- 

•S3[p 

-uo  puB  so[ppt;s 

o                       o  CO  f~  o  o 

Ci                                       OJ  CO   .—  CO  '.O 
1    '-0      1       1                     1    CO  O  t^  00  CO      1                                    1 

o 

in 

of 

■jsquinjj 

CO  CJ  —  t^              CO  (M  O  to  CO  CJ  CO         CI               o 

C5 

shoes.  Boots,   and 
Shppers. 

•s.rei[op  UI  in\v \ 

ocio-1*      ooinc^inocGC'in           o      asoo 
ooot^      oof^-^c^coinco           o       into 
'wtoo'O      Ciinci^o  —  o-^        >o      r^to 

—  t-  CJ  ■n'       m  Ci  X'  o  c?  CO  co^  cT           Xi       cT  --^ 
„_  _„-„--                             in- 

to 

OJ 

•SJIBd 

ooogo      inooo^OGOcoco           o      oo-h 
ooooto      f-coxcot-ciO           o      coco 
xc^o--       totociXtoo^ooj        lO      cox 

CJ           ,-,  ^H       ^?«      --                             CO  c} 

X 

X 

to 

X 

ni 

■sauoiOTijnuBj^ 

OJt^-f.—            iOOr»CTiOO         XCi         -II 

to  in           _— lo           — —1                    -t 

CO 
CO 

oi 

.- 
0) 

c 

•sjT;[]op  UI  oniT;\ 

OC-.  OOOCOOOOl  f-oooo                 ex 
C'  in  o  CO  o  i-o  o  o  c  j^  o  o-.  in  o               ■*  in 

XCJO-fi^mj-^t^  —  (NCOXttO     :       1          XCO 

tomtococo'^co•^C(^>toT^•^x               xo 

i~  to          CO                 -^  Ji                                                     -.}.  « 

CO 
CO 

•sui^g  puB  sapiH 

to  o  «D  o  o  un  o  o  in  cj  o  X  o  o              c  c> 
to  in  to  —  in  in  o  in  X  -^  o  r^  (Ti  o               o  X' 
CT  c  — _  x^  o^  CO  t^  CO  m  -r  m  Ci  X  o    i     ■       —  m 

cf  tN  x'  CJ  — 1  to        (N  -^  to  -^             r.-f                  -T  oT 
(M  —                             CO                                                       ^^ 

0) 

•jaquin>j 

c  o  CT  t^  CO  X  —  ■*  r-  c^  »^  in    i  to    i     i       c.  to 

cii 

C9 

•sjB([op  III  3ni-K^\^ 

o 
o 
1    1  in    1    1     1     1     1     1     I    I     1    1    1     1    ,         II 

to 

o 
o 
in 

to 

•saupunoj 

1      I    to     1       1      1      1      1      1      I      1      1      1      1      •      1             II 

to 

c 
en 

•sJBiiop  ui  anil! A. 

o 
o 

1       1      1       1      I      1      1      I    to     I      1      I      •      1      1      1             II 

o 
o 

CO 

■siHlS 

1      1      1      1      1      1      1      1    O     1      1      1 

Ot 

o 

•jaquin>i 

1     1     1     1     1     1     .     1  --    1     1     1     1     1     1     1          II 

- 

■satjapunoj  ad.ix 

'     '     *  ^^    '     '     '     '     ' II 

- 

•SJE[|Op  UI  3n|B_\ 

26,500 
05.000 

o 
o 
in 

•sja^iJOAV 

I      1    X  —     I      1      1      1      I 1      . 

■sipmis  -la-Mis 

C) 1      1      1      1      1      1      1            II 

o 

•T3      . 

■sj^iiop  UI  ani^A 

o                       o 

O                                X 
'      '    (M O     '      ' ' 

o 

X 

co" 

•sja^jBiv 

1       1    -*     1      1      1      :      1    in     1      1      1      1      1      1      1             ,1 

=-. 

o 
u 

Alleghany, 
Anne  Arundel, 
Baltimore  City, 

Ditto      County,  - 
Caroline, 
Cecil, 
Charles, 
Dorchester, 
Frederick, 
Harford, 
Kent, 

Montgomery, 
Prince  George, 
Queen  Anne, 
Saint  Marys, 
Somerset, 
Talbot. 
Washington, 
Worcester, 
Calvert. 

c 

3 
O 

5 

"5 
"o 

768 


FINANCE. 


[1814. 


.£ 

c 
o 
o 


3 
(= 
as 


►J 


c 

«2 


ho 

3 
03 


be 


U 


a 


J3 


o 


-a 
c 


3 


•SJB[lOp  UI  SIHE^V 


"Bpunoj 


•sjauijaa 


■SJE[]Op  UI  3n[EA 


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o 


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o 


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o  o 


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o  o  o  o  o 
o  00  o>  in  CO 

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o 

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o 
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29,000 

O 

o 

(M 

■spunoji 

157,314 

^^ 
CO 

in 

•sauoiOEjnuBK 

1            ■    (N                 ,                  , 

Cl 

■SJBQOp  UI  3THBA 


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o  o 
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in 


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C^         to  OC  CT         i-i  CO  -.!• 


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o  oo'~o  (>r 

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o 


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in      (MO 

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o 


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■Sea;  £=  —  _'—-=  3   o     'if?ic"      „. 


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ai 


1814.] 


DIGEST   OF  MANUFACTURES. 


769 


T3 

3 
C 

c 

o 
u 


3 
C 


3 

Q 

cS 

<n 

"So 
iio 

2 
Q 

Value 
in  dol- 
lars. 

o 

o 

CO 

o 
o 
to 

Pei-uvian 

Bark. 
Pounds. 

o 

o 

o 

o 

o 

o 

t-     t-    kj    oi 

o 
o 

o 
o 

o 

o 

11 
3| 

o 

o 

l-l 

O 

o 
o 

o 
o 
to 

to 

Gallons 

Castor 

Oil. 

o 
o 
to 

o 
o 

tn 

V 

o 

o 

^                                1 

o 
to 

CO 

. 

o 

"                                    f 

C5 

6 
o 
o 

O 

H 

>t3 

o 
o 

■"-  . 

en 

o 
o 
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C3 

i  6    . 

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«^    . 

CJ 

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5 

o                   o 
o                   o 

:    O                           CD                 1 

to 

o 
o 

to 

o 

Da 

o 
.     ,                    o 

© 
o 
o 

U3 

500,000 
40,000 

o 
o 

o 

o 
in 

en 

O 

.  -                   w            , 

CO 

CO 

5  2 

o 
o 

O     1                               11 

to" 

o 
o 
o 

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6 

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o 

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o 
o 

1    0_                            11 

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1—1 

o 
o 
o 

d 

1  «                ,          , 

CT 

c    . 

6,000 
45,800 

8,965 
9,750 

7,000 

in 

In 

I- 

6 

2,000 
11,300 

4,150 
2,750 

2,000 

o 
o 

—    ,   0»                        Tj.  —         ,                              _ 

Oi 

CO 

o 
u 

Alleghany. 

Anne  Arundel, 

Baltimore  City, 

Baltimore  County,  - 

Caroline. 

Cecil. 

Charles. 

Dorchester. 

Frederick,    - 

Harford, 

Kent. 

Montgomery, 

Prince  George. 

Queen  Ann. 

Saint  Mary'a. 

Somerset. 

Talbot. 

Washington, 

Worcester. 

Calvert. 

C 
3 
O 

CO 
O 

770 


FINANCE. 


[1814- 


tin 


S 


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O 

H 


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—  CO  ■— 


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to 

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._,  0)    S    ^    I-  ?r  ni    —  ^1    '•"  -i-T  5    OJ  t^ 

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rt  oj-fi  o  i;  c3 


o 
o 
o 


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to 
J- 

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in 


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3 

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1814.] 


DIGEST  OF  MANUFACTURES. 


771 


■S3UOU100[a 

(n 

CJ 

o 
ci 

C 

3 

c 

.-     01 

to 
to 

CO 

-It* 

«^             52 

-1<                        CO 

to                 CO 

■*                      CO 

9,000 
4,166 

C 

o 

00 

m 

co" 

CO                   0 
0               m 

•^ 

0           kn 

CO 

Total 
num- 
ber. 

CO 

to               — 

- 

Air 
Furna- 
ces. 

1 

1 

1 

Blast 
Furna- 
ces. 

CO 

0 

1 

- 

15 

Value 
in  dol- 
lars. 

1,200 

1.040 

5,630 

11,931 

in  00  to      oooCTOO           m      0      tot^ 
1^  00  0  1^       0  to  0  00  0  0            •*       0       —  00 
i^  to  t-_  0      to_  t^  -<  o»  in  lO           T}<      0      o»  ■* 

Co'o'lT        TjTc;,"^''        rtrt"              to'        cT              ,S 

32,414 
1.117^ 

2,800 

3,175 

§  -6 

O    X 

o  •= 

300 

416 

3,810 

5,965 

000-)<       000— lOO            0       0       00— < 
—  -<int^      inooociinm           to      0      0-^ 
cooocooo       i.ncocor}.i^j^           in      m       —1^ 

to    l.n    -.             -H    -H    (M                                                _ 

11,307 
480 

1,400 

1,350 

'saipuids 

00  -f                                            ■*  to                                      (M 

in  o                                 ci                                 — 
I'ji         ii^^i— 1        iiiiitin        1        1         11             '1         III 

■sinW  S"!IFJ 

CO 
1      1      1 

m    1^!    I>    —                                                -?<                                                         —    -I 
11                                             I         1        1         1        1                  II                 1                  1 

1         .    •    1 

•saunpt 

XV  SuipjE3 

CO  CO  to 

oomtoin                        co(N                    fOT« 
It                 --    t     1    1    1    I         1              1         1 

CO                — 

•s; 
-oioiynUBj^ 

[   Sui^iDo^s 

till          i     1          1     1     1     1     1     1     1     1     i     1     1          •          III          II          III 

en 

O 
O 

B 

411 

1,050 

419 

csoto-r-mo-McocofMiM'^iacto  —  — I       — ooun 
i-~iNaocoi.nn2cof>)OCTi'Mcoaoto-^oo      — 00 
CJ--'^*i^C'>aDt^ooo-^t^'^-^oo-Hin      coinoo 

1—1 

^  c»  —  0  00  to 
or  CO  00  —  -f  CO 

CO  00  CO  0  Tf  CO 

C 

'.3 
tj 

o 

or: 

Value 
in  dol- 
lars. 

1        I        <        1                  1        1         1        1        1         1        1         1         t         1         1        1         1        1         1        1                  III                 1         1        1         1         1         1 

Pairs. 

17,616 

4,300 

16,039 
11,500 

8,883 

4,250 

13,701 

1 

13,015 
10,537 

Total  value  of  all 

kinds  of  Cloths 

and  Stuffs. 

c 

o 
3 

■3 

> 

56,958 
75,709 
95,564  55 

73,880 

32,169  50 

74,160 

21,739  60 
[57,358  42 

19,593 

98,413  83 

79.053  55 

38,936  50 

50,331 

13,889 

79,500 

31,335 

56,172 

117,314 

886 

57,688 

17,700 

48,823 
45,840  65 

m 

— <  o)  00  Ci  05  00 
00  C5  -f  m  0  CO 

t^  0  00  CO  —1  '^ 

w-      ^      *-       r      r       r^ 

0  0  CO  C'>  r^  in 
in  t^  c:  to  m  c» 

Woollen 
Goods  in 
families. 

-a 
£ 

>« 

5,578 

8,247 

32,830 

6,300 

3,322 

32,401 

32,860 

11,087 
1,931 

18,307 
375 

15 

13,653 

■n 

13 
2  "5 

=  'i 

M.s 
Ui 

4J 

6 

82,000 
151,418 

32,794 
221,640 

ooo-*in       '-•CO       too-ji-KO".  into           t^oj 
ocoOQOoD      0(M       tooto-«in->r-           f^cj 

OODCOOD— 1         -tPOD          i^C5t^COtOI^CO                '^^ 

co^--^otoc^   '   T^^^'colnco'^^-J-^ln    '    'c:t^ 

-scji-'-s'co       —  r^       co-<C3— 'CO.-— ■           cooo 

47,463 

28,687 

409 
90,665 
21,870 

Mixed  Goods 
and  Cotton, 
ditto. 

E 
> 

83,000 

21,623 
33,360 
17,710 

48,414 

31,357 
36,709 

78,337 

49,217 

24,591 
47,650 

24,466 

5,027 

■Si 

c3 

2  e 

O.C 

6 

1 
£ 

u 
si 
>- 

176,769 

60,240 

13,953 

155,665 
106,000 

134,383 

51,180 

39,500 
53,978 
53,639 

45,108 

57,385 
187,696 

87,718 

7,160 

m 
H 
§ 

Illl                  1        1        1        t       t         1        1        •        1        1         I        1         t         1        1        1        1         1         1        1 
Illl                  tllll|.vll«^l»#.ll|-^l't 

tJC_.    =    C:--ji)Ol-u3cSriJ=.C-C33nJ.^U:a)rtt3 

Huvanna. 
Frederick,    - 
Franklin,      - 
Gloucester,  - 
Goochland,  - 
Grayson, 
Greenbrier,  - 
Greenville. 

772 


FINANCE. 


[1814. 


-a 

SJ 

3 


a 
o 
u 


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3 

I 

< 


•S3U3U10O[a 


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1814.] 


DIGEST   OF   MANUFACTURES. 


773 


3 


I 

< 

3 

05 


•SDiaauiooja 


3 


1    O 

■  T3 


C 
o 


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05  in  CO 

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t^  -H  O 

o  o 

o  o 


m  o  CO  oD  o  o 

to  r^»  -o   — .  o  O 

CO  (^  — c  —  in  T}< 
o  o  oT^  "^tiT 

1-C   (M  -H  _ 


to  »n  lO 
o  m  i^ 

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to 

CO 


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CI  C) 


c  o 
o  o 

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to 

to 


XI 

o 


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—  -o  o  o 
X   —   —   X 

— •  i.o"o  to 
o>  t^  CO  o» 


m           — c  to  — •  to  1.0  o  o  o»  X 

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o>_           -r  to  X  o  CO  c.  — •  —  o 

to    '     '  x'^r-' -(""j-'co  uo' irT  '  j-T 

CO            —  1-0  CO  >.o  CO  -r  —  c 

—  —  CO 


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1^  —  to  to  cTxTi-o^of 
CO        Ci  uo  o»  •^  u  — > 


is 


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o 


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98 


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FINANCE. 


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a 
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3 

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smiths' 
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Value  in 
dollars. 

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u  =—  3Ccaa)cuoi:-:3=s  taj=-Cj=  =  3  cs.-—  ^  a  rt—  S  2-^  =   -  r  t 

1814.] 


DIGEST    OF    MANUFACTURES. 


775 


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t-. 

.3-3 


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CD 


c 

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c 

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0 
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1 

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0  10  to 

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nl 

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776 


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55 


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o       o  o       o 

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5    - —    O  "   a>   C        -C    C-- 

—  ■<  r;  o)    r^  bjo  2      5  S.  S 

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PS  PS  Pi  cc  oi  02  02  (« CB  t-i  i>  i>  i>  i>  ?  ;>  ps ;?;  PU 


S  .>  != 


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1814.] 


CI 

3 
C 

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o 
o 


s 


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PS 


DIGEST    OF    MANUFACTURES. 


•d^os  JO  snjtA 


•s3[puB3jo3iin:\ 


cl 


■iluos  JO  spunoj 


safpuTig  JO  spunOfj 


t3  o 

«— J 


•sjBQop  ui  3n[T;jV 


•s.re[iop  ut  3np;j\^ 


■suox 


■suonng 


0^  T^ 
C  - 

o 


■sJi;[[op  UI  anp:^ 


o 
o 

CO 


•sjE[]op  UI  aniTijV 


■spunod 


•sjBiiop  ut  3np:^\^ 


o  o 

o  o 
as  "^ 


■jaquinx 


CO 


5  C-fi 


■sJi:[[op  ui  oniTA 


o 
o 


•sJB[iop  ui  an[T;jV 


3^ 


■sJT;f[op  ui  anjR  \ 


o 


•pavr[|op  UI  an[i!  V 


o 

o 


o 
o 


o 
o 
c 


o 


o 


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•sjE[(op  UI  3niT;^\^ 


■J5quin\; 


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o 

00 

to 
n 

St 


to 
in 
»n 


to 
to 


o> 

to 

".T 

#^ 

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i^ 

r^i 

CO 

to 

to 

or 

cr> 

CO 

00 

■suox 


■joquintij 


E- 

P 

o 


o 
o 


CO 


o 
o 


o 
o 
CO 


o 
to 


o 

00 


o 

uO 

J- 


777 


778 


FINANCE. 


[1814, 


-a 


=s 

I 
I 

o 
Pi 


c 
o 

-0 
C 
c« 

a. 

ci 

o 

•  d^os  JO  ani^A 

^ 

•saipu^OjoanpjA 

', 

■discs  JO  spuno  J 

33,619 

18,713 

11,425 
7,338 

27,051 
22,191 

•sajpuno  JO  spunoj 

4,965 

4,037 

3,044 
14,104 

5,347 
6,760 

5j  +^ 
-d  o 

^  (/J 
1— I 

•sjBjjop  ui  anpsA 

1                        1                        •                <                                                                               II 

1 

•SJBUOP  "!  ^'^l^A 

ill*                                                                               II 

•6UOX 

I                  1                  1            1                                                            :            1 

C 

o 

a 
n 

■sjTsnop  u;  anpA 

■;                     1                     i               1                                                                        II 

Copper,  Brass, 
and  Tin. 

's«[[op  UI  anpA 

•spunoj 

1                      1                     1              1                                                                        II 

Stills. 

•sjTJiiop  UI  3n[i;A 

1,800 

5,300 
2,000 

•jaqiun^i 

1    00     1                              CO  o                         ,             , 

Tin  and 
Cop])er 
Ware. 

■siBHop  UI  3n|BA 

300 
1,000 

Gold   and 
Silver  work, 
and  Jewelry 

•sjuijop  UI  anjEA 



S  "> 

CS    o 

•saBiiop  ui  anjBA 

2,200  00 
666  66 

•SJEI(0p  UI  3n|13A 

8,400 

•Jaquinfj 

24,000 

Door  Locks. 

sjBjjop  UI  an|KA 

600 

■jaqiunjij 

300 

Steel  Furnaces. 

•sjujiop  ui  ani^A 

1                       1                         1       1       ^                                        II                                III 

•suox 



•J3quin>i 

t                 1                  III                              II                        1            ;      1 

& 
o 
■o 

Giles. 

Halifax. 

Hampshire. 

Hanover, 

Hardy. 

Harrison. 

Henrico, 

Henry. 

Isle  of  Wight. 

James  City, 

Jefferson, 

Kenhawa, 

King  and  Queen. 

King  George. 

King  William. 

Lancaster. 

Lee, 

Loudoun, 

Louisa. 

Lunenburg. 

Madison. 

Matthews, 

Mecklenburg. 

Middlesex, 

Monongalia, 

Monroe. 

Montgomery. 

Mason. 

Nansimond. 

New  Kent. 

Norfolk. 

Northampton. 

Northumberland. 

1814.] 


DIGEST    OF    MANUFACTURES. 


/  / 


m 

c 
o 

C 

C. 
§ 

•dBos  JO  ani^A 

o 
r£ 

•saipiTEO  JO  aniTTA. 

CO 
00 

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OC'                             t^  o                                                             CO 
—                             •OCT                                                             o  o 

o 

CO 

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CO                             00  — <                    o                                           o 
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to 

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in    ,    , 

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o 

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1                            <    1                    ■                           .    ,  °° 

o 

00 
CO 

•spunoj 

o 

o 

en 

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o  o                           o 
o  o                           o 

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0»  —                                       r^ 

o 
o 

00 

co' 

■jsquinNj 

o»  «                            at                    .11. 

00 

CO 

Tin  and 
Copper 
Ware. 

•sjE(lop  UI  anj^A 

O                                                                      O               CO         O                                                                     o  (N 
O                                                                     O               ^         C                                                                     o  «< 
O.                                  >                                  O..OOI,                              ...OIN 

C<5 

cf 

Gold  and 
Silver  work, 
and  Jeweb'y 

•sjujiop  UI  3n[r;A 

1                                     1                                    1,1,,,,                              :      1      1      1      , 

o 
o 

CO 

1  s 

o  15 

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'                                                '                 '                                1        1        1       1                1                1                1                                        

in 

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1  i  =  ll=i"H  lUH  i"i  tin  n  %  Hii^^-  =?■? 

-.-I 
S 
3 
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5 

780 


FINANCE. 


[1814. 


-o 
c 


3. 

a 

a3 


QD 


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o 


n 


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CO 

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ooor^oco^HO 

OCOOQDCit^CiO 
OODCO'^— 't^-fOO 

crTfo  cTo  -^  c^  to  ^3 
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mom 

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in 

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CO  O  00  CO  o 

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ID  (N  C3  O  — c 

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to  J^  CO  (M  Oi 

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r^r^ocooooin^ 

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1814.] 


DIGEST   OF    MANUFACTURES. 


781 


-3 
C 


■E 


>■  .S  — 


o 

Q 


4)  a 


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6  f^ 


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si  =               =    ^  3 

786 

FINANCE, 

[1814. 

VIRGINIA — Articles  of  a  doubtful  nature,  or  Agricultural. 

Wheat. 

cn 

Saltpetre. 

Maple  Sugar. 

COUNTIES. 

1 

Mills. 

Barrels  of 

Value  in 

Cm 

o 

Pounds. 

Value  in 

Pounds. 

Value  in 

Flour  made. 

dollars. 

6 

made. 

dollars. 

dollars. 

Accomack. 

Amelia,  -        -        -        - 

- 

3,895 

31,160 

Albemarle,     -        -        - 

- 

12,523 

GS,976l,% 

Augusta,        -        -        - 

58 

7.087 

56,300 

40 

Amherst. 

Bath.     -        -        -        - 

- 

- 

- 

- 

6,000 

1,500 

Bedford,        -        - 

7 

6,500 

32,500 

Berkley, 

28 

36,000 

180,000 

Botetourt,       -        -        - 

17 

2,130 

10,600 

- 

4,754 

l,188xVo 

Brooke, 

U 

12,550 

100,400 

17 

Brunswick. 

Buckingham, - 

Campbell, 

Caroline. 

- 

10,900 

56,400 

- 

12,000 

60,000 

- 

4,700 

37,600 

Charles  City. 

Charlotte. 

Chesterfield. 

Cumberland, 

4 

51,000 

63,750 

Culpeper. 

Cabell,  -        -        -        - 

- 

- 

- 

- 

- 

- 

17.109 

2,851 

Dinwiddie,     -        -        - 

- 

3,200 

25,600 

Elizabeth  City. 

Essex,   -        -        -        - 

1 

600 

4,800 

Fauquier, 
Fairfax,- 

- 

16,364 

130,912 

9 

10,180 

163,915 

Fluvanna, 

- 

8,000 

48,000 

Frederick, 

48 

84,500 

676,000 

Franklin, 

700 

2,800 

Gloucester. 

Goochland,    - 

8 

7,050 

42,300 

Grayson. 

Greenbrier. 

Greenville. 

Giles. 

Halifax. 

Hampshire,    - 

- 

2,100 

16,800 

Hanover, 

- 

8,307 

66,456 

Hardy,  -        -        -        - 

- 

- 

- 

3,300 

775 

Harrison, 

- 

210 

1,050 

- 

Henrico. 

Henry. 

% 

Isle  of  Wight. 

James  City,   - 

3 

2,000 

20,000 

Jefferson, 

- 

47,750 

382,000 

Kenhawa, 

King  and  Queen,    - 

- 

3,500 

28,000 

King  George, 

King  William. 

Lancaster. 

Lee,       -        -        - 

13 

- 

- 

13,377 

4,459 

2,415 

402 

Loudoun, 

61 

88.600 

708,800 

Louisa. 

Lunenburg. 

Madison, 

10 

116,500 

932,000 

Matthews. 

Mecklenburg. 

Middlesex. 

Monongalia. 

Monroe. 

- 

- 

- 

- 

- 

1,951 

Montgomery, 

- 

- 

- 

- 

900 

300 

Mason. 

Nansemond . 

New  Kent. 

• 

Norfolk. 

Northampton. 

Northumberland. 

Nottoway. 

Nelson, 

2,945 

23,560 

Ohio,      -        -        -        - 

10 

8,900 

35,600 

Orange,  -         -        -         - 

7 

15,700 

125,600 

Patrick. 

Pendleton, 

- 

- 

- 

- 

23,000 

4,600 

Pittsylvania. 

Powhatan. 

21 

19,710 

157,680 

Prince  Edward. 

i 

Princess  Anne. 

1 

Prince  William,     - 

12 

37,500 

:    300,000 

4 

Prince  George, 

- 

500 

4,000 

Randolph. 

Richmond  County. 

1 

Rockbridge,    - 

- 

6,340 

1        45,080 

1814.] 


DIGEST  OF  MANUFACTURES. 


787 


VIRGINIA— Articles  of  a  doubtful  nature, 

or  Agricultural,  continued. 

Wheat. 

Saltpetre. 

Mapl 

e  .Sugar. 

COUNTIES. 

Mills. 

ISaiTcls  of 

Barrels  of 

u- 

Poui.Js 

Value  in 

Pounds, 

Value  in 

Flour  niuile. 

Flour. 

d 
"A 

made. 

dollars. 

dollars . 

Rockingham,  - 

. 

18 

lf),890 

135,120 

44 

Russel,  - 

- 

- 

300 

1,120 

7 

7.091 

l,I*^-l'„'u 

28,808 

3,601 

Shenandoah,  - 

- 

11 

25,990 

181,930 

Southamptdii. 

Spotsylvania, 

- 

5 

20,30(5 

180,754 

Stafford, 

- 

7 

Surry,    - 

- 

1 

4,000 

32,000 

Sussex. 

Tazewell, 

- 

- 

- 

- 

- 

750 

288 

27,623 

4,804 

Warwick. 

Washington. 

Westmoreland. 

Wood,    • 

- 

- 

- 

- 

- 

- 

- 

19.492 

'-i,436,Vt 

Wythe. 

York. 

Richmond  City, 

- 

- 

36,000 

360,000 

Norfolk  Borough. 

Petersburg. 

nts, 

Total  amou 

441 

753,827 

5,529,463/A 

112 

59,175 

16,243  ,VV 

95,447 

1 4,094  j^"^ 

r88 


FINANCE. 


[1814. 


<5 


c 

< 


Furnaces. 

Value  in 
dollars. 

o                                                                     o                           o 
m.                 ,                                                  o                           o 

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C 

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•-    m 

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800 
500 

1,000 
3,000 
1,800 

450 

500 

400 
150 

0 
0 
0 

00 

3  "y 
o  ;= 
a,  o 

8,000 
5.000 

10,000 
30,000 
18,000 

4,500 

5,000 

4,000 
1,500 

0 
0 
0 

0 

00 

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0 
0 

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o  00       -J"  CO  c>  00  o  m  m  o  —  oo           o           m               o 
05  m       i^  o  00  00  o  C)  —  m  -c  CO            co            o                o 

'■iii'iiii:          OiCOOO  C3^O0  O         CJ^CO  O  00>     i      i    T?     i      ;    00     i      i      i    CC      i      ' 

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C3 

0 
0 
m 

•    & 
O 

'''"•' 1    1     1    1    t    1     1    t    1    1    1    1     1     1    1 t    I 

''„'=,=. .^   ,    .       '    '    '    '   S  =    -• '  g   '  5 

^-  ./  =  ..  |P  g_  c  =-5  3^  =::=.,«  J  .5^  2  =  5       M  5    -  c  =  g  o    „       .,     _=  2  =  a 
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5 

"is 

1814.] 


DIGEST  OF  MANUFACTURES. 


789 


0?       • 

■S3 

O     !- 

a  ° 

i 

3 
lU 

1- 

•SJE[[Op 
Ul  3n[BY\ 

3,431 

23,354 

5,725 

6,058 
3,977 

5,699 
11,121 

8,415 

o 

X 

1- 

«5 

a; 
5 

O 

•spuTio,! 

34,316 

233,354 

57,259 

60,587 
39,777 

56,992 
111,218 

84,157 

O 
O 

•■ 

■s 

■+- 

o 

•SJTl[Op 

UI  3rtp;_\ 

2,000 

2,000 
20,000 

O 

o 

OJ 

01 

c 

•spusng 

2,000 

2,000 
20,000 

o 
o 
o 

-? 

O) 

5 
"a 

Gunpowder. 

•SJBllOp 

UI  3iip;A 

675 
1,500 

1,575 
2,000 

000 
200 

500 
300 

o 
,n 

V 

o 

•spunoj 

1,350 
3,000 

2,100 
4,000 

600 
400 

1,000 
400 

X 

o» 

o 

£ 

•smiv 

—           1                (N—                             1                      —                     —1                        i.iii. 

o 

iLi 

c 

•SJBJJOp 

UI  on[T!  \ 

O 

o 

°     •             ■           ■           '     '          

o 

o 
o 
o 

o 

•s[I!K 

-      ,               .     ^      ,            ,      ,            ,   1   ,      ,  ,   , 

OJ 

IT 

M 

•SJBJ]Op 
Ul  31>1K  V 

358 

1,200 

921 
100 

1,530 

'~   1  5   1 

O         C-. 

o> 

■r. 

•suopt;;! 

2,240 

7,500 

5,760 
1,000 

9,000 

3,040 
0,000 

* 
o 

'J} 

s 

•joquinM 

O)            •                   :t                               lOJi                          ..-                      —Ill 

—     1    (0?     1 

CO 

~ 

a: 

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■saBiiop 

UI  OUIK  \ 

— <  in  o  o  o  o  o  o  X  o  — 1  o  o  C-,  O'  -o  o  o  o  ^3  CO  o  c  o  o  X  OJ  0}  o  tr  tr> 

0  o>  o  X  o  in  "VD  :£3  OJ  o  -i<  in  o  I—  ^  in  in  o  (-  t^  j-^  in  ^  o  c;  -r  o  o  o  CO  t^ 

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01  -To  -|>      o  %s       o       r-      o  o>  •:»-  oo  -r-.rin*"in'co~co'^      i-^ j-^  co  co~ -rT  —  ct-'  oj' 

CO 

10,838 
1,12') 

11,724 
4,020 

X 

cT 

X 

in 

o  o 

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•suo[iBO 

XOXOO  —  OOOOOOOinOOOOOOOOOOOO-f  —  OOO 

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in  -T  CJ  —  o  c-^  o_  1--  X  0^  o^o  o  a-.  "O^co  t-;_o  co  o  o  co  —  oJ  —  o  (^  x  o  o  -- 

t^  C)  "  X  «  CO  in  —  in  —  m  — '— -r  x  o  <M  c^'o'co -r?  ■^-T^-^'o'tD -o'-f  x'm"  ' 
c>       -^  -^       ^-  — •       ^       o       *j            CO       OJ  ^  o                 ^^  CO  Ci                -r 

o 

21,080 

2.250 

29,310 

OJ 
0* 

0> 

5  *' 

=  -5 

■jaquinx 

i-cjH     1      i-^Oint^     i-^OJCO     I'Oi^OliO     lOi     1       i-^tr-^     I      lO:  XXXOJ— ' 
—   —                         -T                                CO                                                      ^                 _                  ^ 

CO  o  cr.  --o 

0^         CO  — 

CO 
CO 

£  Co" 

Flaxseed  Oil  Mills. 

•SJ13[10p 

UI  sup;  \ 

547 
2,250 

1,144 

- 

CO 

=  CO 
.7*    / 

•SUOdBO 

008 
2,000 

1,144 

CM 

in 

CO*" 

cr    C 

■.loqumx 

1      1    ^-*     1      1      1    —     1      1      1      1      1      1      1      1      I      1      t      .    0)     1      1      I      I      1      1      1      1      t      1      1      1      1      1      ,      , 

-^ 

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05  in  -f  o  o  CO  o  o  o  in  o       o  ci  in  =  o  a>  O'  o  oj  o  o  o  co  C'  x  o  o  —  o 
03  m  i~-  -J  05  ci  i-;  —  OJ,  o  in       -o  o  o  o  o  cj  O'  c?  x  — ■  -r  o  -^  o  ci  —  -a-  x  i  ~ 

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5,055 
1,110 

3,550 

X 

in 

co" 
in 

•sgpiH 

400 

1,355 

58 

200 
3,400 

480 
782 

400 

3,240 

500 

3.840 

100 

505 

851 

4,110 

"^ 

in 
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u  ,*^ 

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X  CO  m  o  CO  CO  o  —  o  C!  OJ    i  o  OJ  -n  o  co  (^  to    i  m  co  — <  -t"  to  m  i^  c-.  —  'i"  —  co  Ci  co  c-.  -^ 

-^  "" 

■E 

•sJT;]^op 
UI  anp! A 

1,500 

1,500 
1,000 
4,533 

1,800 
13,500 
29,680 

3,200 
2,000 

3,420 

o 
o 

.  .  .  ° 

CO 

o> 

o 

'J".    > 

■spunOti 

10,000 
10,000 

19,000 

o 
o 

o 

CO 

■jaquin*^ 

1      1    5}     1      1      1      ■      1    I     1    —     1    —     1      1    — 1     1    O     1      1      1    05     1      1    «     1      1      1—1      1      1 

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c 

s 

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o 

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X 

100 


tt 


790 


FINANCE. 


[1814. 


STATE  OF  KENTUCKY— Manufactures. 


be 
c 

Blended   and  unnamed 

Ba^ng-  for  Cotton, 

made  of 

Looms. 

Carding  Ma- 

i -5 

Cloths  and  Stuffs. 

Hemp. 

chines. 

COUNTIES. 

Yards  made. 

Value  in  dol- 

Manu- 

Yards. 

Value  in 

Number. 

Num- 

Pounds 

% 

o 

lars. 

facto- 
ries. 

dollars. 

ber. 

carded. 

Adair, 

92,790 

37,767 

_ 

_ 

_ 

443 

Barren. 

_ 

128,490 

64,222 

- 

- 

- 

747 

Boone, 

„ 

30,993 

16,174 

- 

- 

- 

199 

Bullet, 

. 

46,183 

18,473 

- 

- 

- 

238 

Bracken. 

_ 

35,510 

14,204 

- 

- 

- 

165 

Breckenridge, 

. 

48,022 

24,011 

- 

- 

- 

225 

Bourbon, 

o 

267,212 

106,884 

8 

50,000 

18,000 

1,147 

5 

Butler, 

23,155 

11,565 

- 

- 

169 

Casey, 

_ 

63,705 

31,852 

- 

- 

- 

271 

Cardwell. 

1 

5,000 

2,500 

- 

- 

- 

100 

Clarke, 

121,434 

45,537 

- 

- 

- 

719 

3 

5,100 

Campbell,     - 

_ 

40.060 

15,813 

- 

- 

- 

169 

Christian,     - 

_ 

115.401 

46,160 

- 

- 

- 

582 

Cumberland, 

_ 

68.605 

32,584 

- 

- 

- 

454 

Clay, 

_ 

11.320 

5,660 

- 

- 

- 

67 

Estill, 

25,536 

10,640 

- 

- 

- 

210 

Fayette, 

6 

207,687 

83,074 

5 

281,750 

98,612 

139 

5 

35,000 

Franklin, 

82,699 

33,079 

1 

40,000 

14.000 

432 

Flemming,   - 

. 

102,141 

45,359 

1 

- 

- 

586 

Floyd, 

_ 

33.020 

16,510 

- 

- 

- 

248 

Gallatin, 

. 

36,620 

18,310 

- 

- 

- 

206 

Greenup, 

_ 

20,065 

10,032 

- 

- 

- 

116 

01  A 

Greene, 

_ 

69,611 

34,805 

- 

- 

- 

314 

Grayson, 

_ 

17,890 

8,850 

- 

- 

- 

147 

Garrard, 

_ 

106,857 

45,581 

- 

- 

645 

Henry, 

_ 

48,980 

18,367 

- 

- 

- 

461 

Harrison, 

_ 

86,168 

43,084 

- 

- 

460 

Henderson,  - 

_ 

28,838 

14,419 

- 

- 

' 

206 

Hardin, 

_ 

66,473 

31.076 

- 

- 

- 

506 

Hopkins, 

_ 

27,178 

13.589 

- 

- 

- 

188 

Jefferson, 

_ 

114,290 

47,731 

1 

52,000 

17,333 

578 

2 

18,000 

Jessamine,    - 

. 

93,303 

37,321 

- 

- 

- 

469 

Knox, 

_ 

51,884 

25,947 

- 

- 

• 

400 

Lewis, 

_ 

15.509 

6,203 

- 

- 

- 

68 

Lincoln. 

_ 

163,786 

81,893 

- 

- 

- 

595 

Logan, 

_ 

218.213 

104,106 

- 

- 

- 

552 

Livingston,  - 

_ 

47.113 

23,556 

- 

- 

- 

285 

Mason, 

_ 

139.871 

75,813 

1 

20,000 

8,000 

647 

Mercer, 

o 

163,653 

65,461 

- 

- 

- 

709 

1 

7,000 

Madison, 

o 

236,569 

97,333 

1 

- 

- 

1,109 

3 

Muhlenburg, 

. 

43,197 

21,275 

- 

- 

- 

266 

Montgomery, 

- 

196,630 

78,652 

- 

- 

- 

890 

Nicholas, 

- 

58,898 

23,862 

- 

- 

- 

312 

Nelson, 

_ 

190,880 

95,440 

- 

- 

- 

874 

Ohio, 

38,866 

20,600 

- 

- 

246 

Pendleton,   - 

_ 

33,641 

15,521 

- 

- 

- 

208 

Pulaski, 

- 

56,411 

26,651 

- 

- 

- 

369 

Rockcastle,  - 

19,950 

9,245 

- 

- 

- 

109 

Scott, 

2 

133.669 

49,457 

- 

- 

693 

Shelby, 

- 

154,372 

61,748 

1 

10,000 

3,500 

1,004 

Wayne, 

- 

60,654 

24,261 

- 

- 

- 

405 

Washington, 

- 

135,473 

47,905 

- 

- 

- 

670 

Warren, 

_ 

127,104 

63,469 

- 

- 

- 

994 

Woodford,  - 

- 

133,626 

53,450 

- 

- 

- 

548 

o 

10,000 

Total  amounts, 

15 

4,685,385 

2,057,081 

13 

453,750 

159,445 

23,559 

21 

75,100 

1814.] 


DIGEST   OF   MANUFACTURES. 


791 


KENTUCKY — Manufactures  continued. 


COUNTIES. 

Fulling  Mills, 

in 

Furnaces. 

Forg-cs. 

Naileries. 

1_*  V^    V    A«     &     A    ■LJB-'  * 

Niun- 

Yards 

Value  in 

Num- 

Tons. 

Value  in 

No. 

Tons. 

Value  in 

No. 

Tons. 

Value  in 

ber. 

fuUcd. 

dollars. 

ber. 

dollars. 

dollars. 

dollars. 

Adair. 

Barren, 

- 

- 

- 

- 

- 

- 

- 

- 

1 

1 

1,440 

Boone. 

Bullet. 

Bracken. 

Breckenridge. 

Bourbon, 

1 

5,878 

8,817 

260 

- 

- 

- 

- 

_ 

1 

10 

4,000 

Butler. 

Casey. 

Card  well. 

Clarke, 

1 

5,000 

7,500 

Campbell. 

Cristian. 

Cumberland. 

Clay. 

Estill, 

2 

. 

- 

- 

1 

- 

- 

1 

50 

10,000 

Fayette, 

5 

11,360 

17,040 

1,084 

- 

- 

- 

- 

- 

. 

1 

10 

15,000 

Franklin, 

1 

4,000 

5,000 

Flemming, 

_ 

- 

- 

- 

- 

- 

_ 

1 

Floyd. 
Gallatin, 

4 

Greenup. 

Green, 

1 

Grayson. 

Garrard, 

2 

Henry. 

Harrison, 

2 

Henderson. 

Hardin. 

Hopkins. 

Jefterson, 

1 

5,000 

7,500 

- 

- 

- 

- 

- 

- 

2 

19 

7,600 

Jessamine, 

1 

500 

750 

Knox. 

Lewis. 

** 

Lincoln. 

Logan, 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

1 

5 

2,200 

Livingston, 

1 

Mason, 

2 

» 

- 

- 

- 

- 

- 

- 

- 

2 

Mercer. 

Madison, 

2,700 

4,050 

232 

- 

- 

- 

- 

- 

1 

Muhleuburg. 

Montgomery,    - 

I 

1,000 

1,500 

- 

2 

- 

- 

1 

Nicholas. 

Nelson, 

7,000 

10,500 

- 

- 

- 

- 

- 

- 

- 

1 

n 

3,420 

Ohio. 

Pendleton. 

Pulaski. 

• 

Rock  Castle. 

Scott, 

2 

7,000 

10,500 

80 

Shelby, 

I 

600 

750 

Wayne, 

- 

- 

- 

- 

1 

4 

1,000 

1 

2d 

600 

Washington,     - 

1 

3,000 

4,500 

Warren. 

Woodford. 

Total  amounts, 

33 

53,038 

78,407 

1,656 

4 

4 

1,000 

3 

52 1 

10,600 

11 

*87| 

33,660 

•Or  196,000  lbs. 


792 


FINANCE. 


[1814. 


STATE  OF  KENTUCKY.— Manufactures  continued. 


1 

Tanneries. 

Flaxseed  Oil. 

Distilleries. 

Paper  MUls. 

COUNTIES. 

ui 

Value 

Num- 
ber. 

Hides  & 
Skins. 

Value  in 
dollars. 

en 

C 

o 

in 
dollars. 

Num- 
ber. 

Gallons, 

Value  in 
dollars. 

No. 

Reams. 

Value  in 
dollars. 

Adair, 

4 

2,750 

5,500 

- 

26 

32,620 

10,873 

Barren,     - 

3 

1,145 

2,290 

- 

- 

- 

42 

23,188 

7,729 

1 

Boone, 

9 

- 

2,510 

- 

- 

- 

15 

23,440 

7,813 

Bullet,      - 

3 

750 

1,900 

1 

600 

600 

15 

7,150 

2,383 

Bracken,  - 

2 

600 

- 

- 

- 

29 

32,080 

10,693 

Breckenridge, 

- 

- 

- 

- 

11 

2,094 

698 

Bourbon,  - 

2 

- 

1,800 

1 

500 

500 

128 

146,103 

48,701 

Butler,      - 

3 

1,670 

- 

- 

- 

7 

3,150 

1,050 

Casey, 

- 

- 

- 

. 

- 

9 

12,000 

4,000 

Cardwell, 

- 

~ 

- 

- 

- 

- 

7 

5,800 

1,933 

1 

Clarke,     - 

7 

3,085 

9,255 

- 

- 

- 

44 

42,384 

14,128 

Campbell, 

2 

1,100 

3,050 

- 

- 

- 

15 

13,344 

4,448 

Christian, 

5 

960 

2.880 

- 

_ 

- 

8 

11,050 

3,683 

Cumberland, 

2 

1,502 

3,191 

- 

.. 

- 

23 

13,760 

4,586 

Clay, 

1 

- 

900 

- 

- 

- 

1 

200 

66 

Estill,       - 

- 

- 

784 

- 

- 

- 

6 

2,470 

823 

Fayette,    - 

9 

6,068 

23,080 

1 

1,000 

1,000 

139 

154,911 

51,637 

1 

700 

2,100 

Franklin, 

8 

8,285 

17,890 

- 

- 

31 

34,010 

11,336 

Flemming, 

12 

- 

7,467 

1 

- 

- 

43 

40,615 

13,538 

Floyd,       - 

- 

- 

- 

- 

. 

- 

1 

80 

26 

Gallatin,  - 

11 

- 

1,078 

- 

- 

- 

21 

12,270 

4,090 

Greenup, 

- 

434 

1,301 

- 

- 

- 

1 

200 

66 

Greene,     - 

4 

- 

2,720 

- 

. 

- 

24 

18,706 

6,235 

Grayson,  - 

3 

550 

825 

- 

- 

3 

350 

116 

Garrard,   - 

7 

- 

4,920 

1 

- 

- 

70 

81,334 

27,111 

Henry,      - 

10 

1,926 

7,700 

- 

- 

- 

17 

13,550 

4,516 

Harrison, 

5 

1,020 

3,060 

- 

- 

- 

47 

132,000 

44,000 

Henderson, 

5 

1,600 

5,200 

- 

- 

- 

o 

2,110 

703 

Hardin,     - 

10 

2,075 

5,818 

- 

- 

- 

30 

18,330 

6,111 

Hopkins,  - 

3 

428 

1,254 

- 

- 

- 

5 

19,000 

6,332 

•lefferson, 

10 

- 

18,300 

- 

- 

- 

77 

129,350 

43,116 

•Tessaniine. 

6 

3,450 

10,350 

- 

- 

- 

57 

64,704 

21,568 

Knox, 

2 

133 

442 

- 

- 

- 

16 

4,280 

1,426 

Lewis, 

1 

150 

300 

- 

- 

- 

10 

4,600 

1,533 

Lincoln,    - 

6 

3,900 

10,000 

- 

- 

- 

59 

114,100 

38,033 

Logan,      - 

2 

2,500 

5,000 

- 

- 

- 

35 

41,730 

13,910 

Livingston, 

- 

- 

1,914 

- 

- 

- 

10 

4,990 

1,663 

Mason, 

8 

3,695 

10,900 

1 

- 

- 

72 

81,016 

27,005 

Mercer,    - 

10 

2,299 

9,140 

_ 

- 

- 

84 

131,717 

43,905 

Madison, 

8 

3,976 

8,907 

. 

- 

- 

59 

68,115 

22,705 

Muhlenburg, 

5 

710 

3,440 

- 

- 

- 

16 

5,580 

1,860 

Montgomery, 

9 

1,300 

- 

- 

- 

- 

163 

48,078 

16,026 

Nicholas, 

7 

3,000 

13,000 

- 

- 

- 

17 

14,710 

4,903 

Nelson,     - 

10 

- 

2,275 

1 

2,000 

2,000 

120 

160,050 

53,350 

Ohio, 

3 

- 

2,784 

- 

- 

- 

7 

1,450 

483 

Pendleton, 

2 

370 

1,150 

- 

- 

- 

21 

14,905 

4,968 

Pulaski,    - 

6 

_ 

880 

_ 

_ 

_ 

13 

4,065 

1,355 

Rockcastle, 

- 

- 

851 

Scott, 

12 

3,190 

9,570 

- 

- 

66 

110,075 

36,691 

3 

5,500 

16,500 

Shelby,     - 

13 

4,215 

12,545 

2 

505 

505 

81 

73,420 

24,473 

Wayne,    - 

" 

- 

- 

- 

- 

- 

21 

12,580 

4,193 

Washington, 

9 

1,547 

4,211 

_ 

_ 

- 

82 

104,225 

34,741 

Warren,  - 

5 

420 

1,050 

- 

- 

- 

37 

21,044 

7,014 

•, 

Woodford, 

3 

1,900 

9,500 

- 

- 

57 

107,690 

35,896 

6 

Total  amounts,  - 

267 

70,432 

255,212 

9 

4,605 

4,605 

2,000 

2,220,773 

740,242 

6,200 

18,600 

1814.] 


DIGEST   OF    MANUFACTURES. 


793 


KENTUCKY— Manufactures  continued. 


COUNTIES. 

Rope  Walks. 

Gunpowder  Mills. 

Salt. 

Number. 

Tons. 

V.ilue  in 

Number. 

Pounds. 

Value  in 

Works. 

IJushels. 

Value  in 

dollars. 

dollars. 

dollars. 

Adair. 

Barren, 

- 

- 

- 

1 

12,000 

4.000 

Boone, 

- 

- 

- 

'2 

220 

73 

3 

274 

274 

Bullet. 

- 

- 

- 

- 

- 

- 

11 

44,970 

44,970 

Bracken. 

Brackenridge. 

Bourbon, 

- 

- 

- 

2 

10,280 

3,426 

Butler. 

Casey. 

Card  well. 

Clarke, 

1 

100 

•20,000 

•:> 

6,250 

416 

Campbell,     - 

- 

- 

- 

1 

850 

283 

1 

2,000 

2,000 

Christian,     - 

1 

- 

- 

4 

876 

292 

Cumberland, 

- 

- 

- 

1 

,3, -',8  8 

1.162 

Clay, 

- 

- 

- 

- 

- 

- 

4 

70,000 

70,000 

Estill, 

- 

- 

- 

- 

4,649 

1,549 

Fayette, 

13 

960 

189,300 

5 

24,000 

8,000 

Franklin,     - 

-.> 

160 

30,400 

- 

1,012 

337 

Flemming,   - 

1 

- 

- 

1 

5.042 

1.680 

Floyd, 

- 

- 

- 

- 

- 

1 

600 

600 

Gallatin, 

- 

- 

- 

1 

25 

8 

(ireenup, 

- 

- 

- 

- 

1,070 

356 

1 

89,200 

89,200 

(ireen. 

- 

- 

- 

1 

120 

40 

Grayson, 

- 

" 

- 

1 

1,200 

400 

Garrard, 

1 

- 

- 

- 

- 

1 

4,500 

4,500 

Henry, 

- 

- 

2 

600 

200 

1 

800 

800 

Harrison,     - 

1 

- 

- 

2 

300 

100 

Henderson. 

- 

- 

- 

1 

150 

50 

.1 

5,000 

5,000 

Hardin. 

- 

- 

- 

3 

1,000 

333 

Hopkins, 

- 

- 

- 

1 

210 

70 

Jeflerson, 

4 

75 

21,000 

- 

660 

220 

.") 

6s,320 

68,320 

Jessamine,   - 

- 

- 

- 

2 

1,900 

633 

Knox. 

Lewis, 

- 

- 

- 

1 

300 

100 

5 

13,500 

13,500 

Lincoln, 

- 

- 

- 

2 

660 

220 

1 

160 

160 

Logan. 

Livingston. 

Mason, 

•  > 

Mercer, 

3 

'260 

47,200 

Madison. 

1 

- 

- 

4 

4,097 

1,365 

- 

20,798 

20,798 

Muhlenburg. 

Montgomery, 

- 

- 

- 

6 

10,560 

3,520 

Niciiolas,     - 

- 

- 

- 

1 

50 

16 

2 

4,160 

4160 

Nelson, 

2 

6-2h 

12,500 

2 

1,450 

483 

Ohio, 

- 

- 

- 

1 

950 

316 

Pendleton,   - 

- 

- 

- 

1 

1,385 

461 

Pulaski, 

- 

- 

- 

- 

20 

6 

1 

588 

588 

Rock  Castle, 

- 

- 

- 

- 

5,802 

1,934 

Scott, 

1 

100 

20,000 

2 

1,200 

400 

Shelby, 

o 

54 

14,000 

4 

1 ,750 

583 

Wayne. 

- 

- 

- 

- 

2,000 

666 

Washington. 

- 

- 

- 

1 

690 

230 

Warren. 

- 

- 

- 

2 

400 

133 

Woodford,  - 

3 

'2-20 

44,000 

3 

13,500 

4.500 

Total  amounts. 

38 

1,991^ 

398,400 

63 

115,716 

38.561 

36 

324,870 

324,870 

794 


FINANCE. 


[1814. 


KENTUCKY — Articles  of  a  doubtful  nature  or  Agricultural. 


- 

Hemp. 

Maple 

Sug-ar. 

Saltpetre. 

COUNTIES. 

Tons  pre- 

Value in  dol- 

Pounds. 

%'alue  in  dollars. 

Pounds. 

Value  in  dol- 

pared. 

lars. 

lars. 

Adair, 

34 

4.080 

62,202 

7,775 

Barren, 

1 

60 

43,756 

5,469 

18,000 

3,033 

Boone, 

24 

2,880 

30,498 

3,812 

Bullet, 

56 

6,720 

23,592 

2,949 

Bracken, 

- 

- 

26,475 

3,309 

Breckenridge, 

- 

- 

30,424 

3,803 

Bourbon, 

796 

95,520 

224,-558 

28,069 

Butler, 

- 

- 

14,525 

1,815 

Casey, 

53 

6,360 

27,859 

3,482 

Cardwell, 

- 

800 

100 

Clarke,           .            .            . 

168 

20,160 

77,882 

9,735 

1,500 

250 

Campbell, 

58 

6,960 

25,966 

3,245 

Christian, 

5 

600 

18,659 

2,332 

250 

41 

Cumberland,  -            -            - 

3 

360 

22,823 

2,852 

6,223 

1,037 

Clay. 

- 

- 

10,250 

1,281 

Estill, 

5 

600 

11,295 

1,411 

19,937 

3,322 

Fayette. 

595 

71,400 

94,775 

11,846 

Franklin,        -            -           - 

60 

7,200 

35,415 

4,426 

Flemming, 

120 

14,400 

86,026 

10,753 

113 

18 

Floyd, 

4 

480 

13,880 

1,735 

5,515 

919 

Gal  atin. 

24 

2,880 

19,784 

2,473 

Greenup, 

16 

1,920 

14,529 

1,816 

7.970 

1,328 

Greene, 

5 

600 

18,605 

2,325 

Grayson, 

- 

- 

14,965 

1,870 

1,353 

225 

Garrard, 

80 

9,600 

46,778 

5,847 

Henry, 

93 

11,160 

44,625 

5,578 

Harrison, 

47 

5.640 

80,606 

10,075 

Henderson.    - 

- 

- 

15,474 

1,934 

Hardin, 

6 

720 

65,162 

8,145 

2,260 

376 

Hopkins, 

- 

- 

10,720 

1,340 

Jefferson, 

210 

25,200 

56,805 

7,100 

Jessamine, 

265 

31,800 

36,454 

4,556 

Knox, 

4 

480 

17,271 

2,158 

10,105 

1,684 

Lewis, 

- 

- 

14,803 

1,850 

Lincoln,         -            -            - 

324 

38,880 

54,583 

6,822 

Logan, 

- 

- 

26,895 

3,361 

Livingston.    - 

_ 

- 

25,599 

3,212 

512 

85 

Mason. 

581 

69,720 

126,564 

15.820 

Mercer,          -            .            . 

433 

51,960 

42,037 

5,254 

Madison,        .            -            . 

94 

11,280 

74,999 

9,374 

Muhlenburg,  - 

- 

- 

24,765 

3,095 

Montgomery, 
Nicholas, 

234 

28,080 

145,681 

18,210 

44,575 

7,429 

21 

2,520 

51,384 

6,410 

Nelson, 

100 

12,000 

76,370 

9,546 

Ohio, 

- 

20.750 

2,593 

900 

150 

Pendleton,      -            -            - 

9 

1,080 

31,340 

3,917 

Pulaski, 

1 

120 

14,653 

1,831 

459 

76 

Rockcastle,    - 

- 

- 

13,025 

1,628 

7,390 

1,231 

Scott, 

599 

71,880 

115,216 

14,402 

Shelby, 

185 

22,200 

131,657 

16,457 

Wayne, 

H 

180 

19,813 

2,476 

51,785 

8,630 

Washington,  - 

16 

1,920 

25,725 

3,2)5 

40 

6 

Warren, 
Woodford,     - 

8 
417 

960 
50,040 

58,930 
53,420 

7.366 
6,677 

22,850 

3,808 

Total  amounts, 

5,755 

690,600 

2,471,647 

308,932 

201,937 

33,648 

1814.] 


DIGEST  OF  MANUFACTURES. 


795 


STATE  OF  NORTH  CAROLINA— Manufactures. 


Blended  and  unnamed 

Spinning- 

Looms. 

Fulling-  Milts. 

Labor-saving' 

•  Fur 

Hats. 

Cloths  and  StuH's. 

wheels. 

Machinery. 

COUNTIES. 

Yards 

Value  in 

Number. 

Number. 

Num- 

Yards 

Value  in 

Spinning' 

Spin- 

Number. 

Value  in 

made. 

dollars. 

ber. 

fulled. 

<lollars. 

flames. 

dles. 

dollars. 

Lincoln, 

2a.3,300 

53,700 

840 

o 

2,000 

200 

1,500 

5,400 

Northampton,  . 

200,400 

100,000 

805 

Rutherford. 

140,000 

79,000 

1,147 

. 

, 

500 

2,000 

Mecklenburg,   . 

191,600 

76,500 

800 

o 

700 

70 

. 

1,000 

4,450 

Anson, 

1 1 1 ,000 

44,400 

469 

Hyde,l 

158,000 

45,000 

500 

Richmond, 

141.000 

40,300 

546 

Franklin, 

174,000 

55,000 

550 

3 

40 

Camden, 

103,000 

58,000 

420 

Iredell, 

132,600 

52,000 

649 

. 

, 

, 

5,000 

12,000 

Halifax, 

215,000 

86,000 

865 

Cumberland,     . 

175,000 

70,000 

789 

1 

300 

37 

Wayne, 

134,000 

18,700 

855 

Warren, 

151,000 

65,000 

614 

Orange, 

279,000 

111,600 

1.407 

3 

7,000 

800 

. 

3,000 

7,500 

Buncombe. 

95,800 

19,100 

719 

o 

2.100 

230 

Rowan, 

235,000 

104,000 

1,684 

6 

190 

Brunswick. 

28,700 

14,300 

230 

Caswell, 

131.000 

55,200 

783 

Carteret, 

i        80,000 

15,000 

413 

Pitt, 

:      145,000 

62,000 

500 

Lenoir, 

74,400 

14,500 

447 

Jones, 

57,600 

28,000 

370 

Columbus, 

43,500 

12,000 

360 

Chatham, 

199,000 

84,000 

1,100 

1 

1,200 

20 

5,000 

20,000 

Guilford, 

148,400 

67,300 

1,103 

3 

5,426 

170 

22 

529 

1.750 

4,350 

Pasquotank, 

168,600 

137,000 

750 

Person, 

79,000 

15,000 

467 

Rockingham.     . 

85,000 

16,500 

420 

Randolph, 

86,600 

34,600 

1,333 

14 

400 

2,400 

9.600 

Robeson, 

66,200 

46,900 

666 

Montgomery,    . 

96,000 

39,000 

906 

Burke, 

77,000 

45,000 

542 

Bertie, 

113,000 

85,000 

500 

Martin, 

155,000 

66,500 

500 

Haywood. 

17,000 

5,540 

286 

Perquimans, 

66,000 

32,000 

527 

4 

6,500 

430 

Greenville. 

261,780 

120,000 

1,017 

Bladen, 

66,000 

29,000 

500 

Wilks, 

84,000 

22,000 

605 

Greene, 

81,000 

40,000 

364 

Surry, 

142,000 

71,000 

904 

1 

17,000 

500 

4 

100 

Duplin. 

126,500 

42,000 

670 

Nash. 

112,500 

38,500 

562 

Moore. 

100,500 

39,550 

600 

1 

3,000 

150 

2 

50 

Cabarras, 

39,550 

13,000 

257 

. 

, 

, 

, 

3,700 

10,000 

Edgecomb. 

150,000 

60,000 

933 

Gates, 

68,000 

33,000 

480 

Ash, 

221,000 

103,000 

1,500 

Wake, 

276,400 

55,300 

1,310 

Tyrrel, 

58,524 

14,000 

339 

Onslow, 

72,000 

28,300 

703 

. 

. 

, 

, 

. 

900 

2,000 

Beaufort, 

76,500 

38,200 

394 

, 

. 

. 

. 

450 

2,100 

Johnson, 

100,248 

40,000 

582 

Stokes, 

68,000 

28,000 

600 

New  Hanover. 

46,000 

23,000 

331 

, 

5 

120 

Craven, 

133,000 

66,000 

647 

Sampson, 

127.500 

47,000 

711 

Currituck, 

41,000 

11,000 

400 

Washington, 

57,725 

28,827 

366 

Hertford, 

89,727 

44,823 

351 

Total  amounts. 

7,376,154 

2,989,140 

128,484* 

40,978 

20 

45,226 

2,607 

56 

1,420 

25,200 

79,400 

•  Returned  by  the  Marshal  generally. 


796 


FINANCE. 


tl8l4. 


NORTH  CAROLINA— Manufactures  continued. 


COtlNTIES. 


Lincoln 

Northampton. 

Rutherford. 

Mecklenburg. 

Anson. 

Hyde. 

Richmond. 

Franklin. 

Camden. 

Iredel, 

Halifax. 

Cumberland. 

Wayne. 

Warren. 

Orange. 

Buncombe. 

Rowan. 

Brunswick. 

Caswell. 

Carteret. 

Pitt. 

Lenoir. 

.Tones. 

Columbus. 

Chatham. 

Guilford. 

Pasquotank. 

Person. 

Rockingham. 

Randolph, 

Robeson. 

Montgomery. 

Burke, 

Bertie. 

Martin. 

Haywood. 

Perquimans. 

Greenville. 

Bladen. 

Wilks. 

Green. 

i-iurry, 

Duplin. 

Nash. 

Moore, 

Cabarras. 

I'^dgecombe. 

Gates. 

Ash. 

AVake. 

Tyrrel. 

Onslow. 

Beaufort. 

Johnson. 

Stokes. 

New  Hanover. 

Craven. 

Sampson. 

Currituck. 

W"ashington. 

Hertford. 


Total  amounts. 


Iron  Works. 


Bloom- 


Trip 
Ham- 


IS 


Rolling' 
and  Slit- 
ting Mills. 


Nail- 


Iron  Manu- 
factures 
not  named. 


Value  in 
dollars. 


78,800 


Gunsmiths. 


Rifles. 


1,800 


20,260 


34.300 


135,160 


Value  in 
dolhirs. 


200 


GOO 


1,450 


Blacksmiths. 


Shops. 


Value  in 
dollars . 


4.000 


650 


1,350 


9,500 


14,950 


Stills 
made. 


Value 
in  dol- 
lars. 


4,00Q 


Candles- 


Manu- 
facto- 


Pounds. 


3,000* 


540,000 


8,000 


4,000 


8.000 


Value 

in 
dolls. 


1,000 


1.000 


Heturiied  bv  the  Marshal  ffenerallv. 


1814.] 


DIGEST    OF    MANUFACTURES. 


797 


NORTH  CAROLINA— Manufactures  continued. 


Tanneries. 

oots,  and 

pers. 

dollars. 

Flaxseed  Oil. 

Uistilleries. 

Essence  of  Turpentine. 

COUNTIES. 

G 

eq  o-c 

ui 

c 

^ 

c 

Shoes, 
Sli 
Value  i 

ai 

C 

c 

vi 

C 

Lincoln, 

4,800 

17,000 

."> 

550 

550 

620 

182,600 

93,700 

Nortiiampton. 

Rutherford, 

- 

- 

- 

- 

- 

236 

42,600 

21,300 

Mecivlenburg, 

1,300 

5,000 

- 

1 

80 

SO 

62 

26,500 

19,800 

Anson, 

800 

3,500 

- 

- 

- 

- 

36 

4,700 

4,000 

Hyde. 

Richmond,    - 

- 

- 

- 

- 

- 

- 

30 

13,500 

13,500 

Franlvlin, 

- 

- 

- 

- 

- 

- 

100 

29,700 

18,000 

Camden, 

1,200 

4,500 

- 

- 

- 

- 

28 

13,400 

9,800 

Iredel. 

2,100 

9.700 

- 

- 

- 

- 

113 

55,000 

27,500 

Halifax, 

1,900 

7,800 

- 

- 

- 

- 

147 

30,800 

24,600 

Cumberland, 

2,.'500 

8,500 

Wayne, 

4,500 

12,000 

- 

- 

- 

- 

135 

30,400 

12,100 

Warren. 

- 

. 

- 

- 

72 

9,040 

7,000 

Orange, 

3,000 

7,000 

- 

1 

1,200 

1,200 

525 

127,000 

70,000 

Buncombe.  - 

- 

- 

- 

- 

- 

109 

23,800 

11,000 

Rowan. 

6,300 

15,0001 

O 

700 

875 

428 

118,000 

59,700 

Brunswick,  - 

1,150 

3,000| 

- 

1 

24 

24 

Caswell, 

- 

i 

- 

- 

- 

35 

28,000 

16,800 

Carteret. 

- 

i 

- 

- 

- 

- 

- 

o 

5,000 

10,000 

Pitt,     - 

400 

10,120 

- 

- 

- 

127 

29,400 

12,000 

Lenoir. 

Jones,  - 

- 

- 

- 

- 

- 

16 

1.400 

1,500 

2 

5,300 

11,000 

Columbus. 

Chatham, 

- 

- 

- 

80 

25,000 

18,700 

Guilford,      - 

1,230 

3,200 

- 

.1 

1,600 

1,560 

226 

69,000 

36,000 

Pasquotiink, 

1.200 

3,000 

- 

- 

- 

- 

36 

4,000 

4,000 

Person, 

- 

- 

- 

- 

- 

93 

23,700 

11,000 

Rockingham, 

1.000 

7,200 

- 

- 

- 

- 

126 

30,900 

15,400 

Randolph,    - 

- 

- 

- 

- 

- 

- 

135 

40.500 

20,250 

Robeson, 

1,200 

3,000 

- 

- 

" 

- 

108 

6,834 

5,400 

Montgumerv. 

- 

- 

- 

- 

. 

71 

41,000 

11,000 

Burke, 

1,200 

4,800 

- 

- 

■ 

106 

20,400 

10,200 

Bertie, 

- 

- 

- 

_ 

80 

10,000 

6,000 

3 

7.000 

12.000 

Martin, 

1,200 

2,187 

. 

- 

- 

24 

5,000 

3,000 

Haywood,    - 

1,500 

2,300 

- 

. 

- 

- 

21 

4,300 

3,000 

Perquimans. 

1,800 

3.332 

- 

- 

- 

- 

36 

7,520 

5,000 

Greenville.  - 

2,140 

2,450 

- 

- 

- 

165 

48,250 

19,700 

Bladen, 

1.320 

Wilkes, 

- 

- 

- 

- 

- 

- 

163 

83,000 

16,500 

Green, 

- 

- 

- 

- 

- 

- 

86 

15,000 

7,500 

Surry, 

1.580 

2.200 

- 

- 

- 

117 

41,000 

20,000 

Duplin, 

1,000 

- 

- 

- 

- 

- 

3 

1,200 

1 ,200 

Nash,  - 

- 

- 

- 

- 

- 

- 

143 

37,031 

26,000 

Moore, 

- 

- 

- 

- 

- 

30 

5,000 

3,200 

Cabarras. 

1,400 

2,600 

- 

- 

- 

- 

66 

20,221 

10,000 

Edgecombe, 

l.GOO 

7,800 

- 

- 

- 

- 

159 

39,000 

29,000 

Gates,  - 

1,520 

6.000 

- 

- 

- 

- 

56 

21,000 

14,000 

Ash,     - 

- 

- 

- 

- 

- 

98 

24,000 

12,000 

AVake. 

2,200 

9.000 

- 

- 

- 

- 

90 

3,000 

3,000 

Tyrrel, 

1,420 

3,500 

- 

- 

- 

- 

110 

4,000 

3,500 

Onslow, 

2,320 

3,480 

- 

- 

- 

- 

9 

560 

600 

Beaufort, 

2,000 

3.600 

- 

- 

- 

- 

15 

1,530 

1,900 

6 

30,600 

30,000 

Johnson, 

- 

- 

- 

- 

- 

- 

30 

5,250 

5,000 

t 

Stokes. 

2,750 

7,000 

- 

1 

1,100 

1,000 

98 

20,000 

10,000 

New  Hanover. 

- 

- 

- 

- 

- 

- 

- 

4 

15,000 

20,000 

Craven. 

1,800 

4.000 

- 

- 

- 

- 

- 

- 

- 

- 

32,000 

55,000 

Sampson. 

Curiituck. 

Washington. 

1,138 

2,876 

- 

- 

- 

- 

16 

3,631 

3,631 

Hertford. 

Total  amounts. 

65,868 

186,645 

220,000 

9 

5,230 

5,265 

5,426 

1,386,691 

758,005 

24 

94,900 

138,000 

Omissions  added. 

85,000 

210,000 

150,868 

396,645 

« 

101 


tt 


798 


FINANCE. 


[1814. 


NORTH  CAROLINA.— Manufactures,  continued. 


COUNTIES. 


Lincoln. 

Northampton. 

Rutherford. 

Mecklenburg. 

Anson. 

Hyde. 

Richmond. 

Franklin. 

Camden. 

I  red  el. 

Halifax. 

Cumberland, 

Wayne. 

Warren. 

Orange. 

Buncombe. 

Rowan. 

Brunswick. 

Caswell. 

Carteret. 

Pitt. 

Lenoir. 

Jones. 

Columbus. 

Chatham, 

Guilford, 

Pasquotank. 

Person. 

Rockingham. 

Randolph,    - 

Robeson. 

Montgomery. 

Burke. 

Bertie. 

Martin. 

Haywood,     - 

Perquimans. 

Greenville. 

Bladen. 

Wilkes. 

Greene. 

Surry, 

Duplin. 

Nash. 

Moore, 

Cabarras. 

Edgecombe. 

Gates. 

Ash. 

Wake, 

Tyrrel. 

Onslow. 

Beaufort. 

Johnson. 

Stokes, 

New  Hanover. 

Craven, 

Sampson. 

Currituck. 

Washington. 

Hertford. 


Total  amounts, 


Paper. 


6 


800 


800 


800 


2,400 


Value  in 
dollars. 


2,000 


2,000 


2,000 


6,000 


Snuff. 


_3  S 


200 


200 


Rope-walkb, 


S 

3 


^   S3 


26,000 


26,000 


Gunpowder. 


■a 
c 


1,000 
400 


800 


200 


200 


400 


3,000 


as 
*a  'o 
>T3 


1,000 
300 


600 

100 

150 
400 


2,550 


Salt. 


o 


pq 


7,500 


7,500 


3;2 
>T3 


3,800 


3,000 


1814.] 


DIGEST   OF    MANUFACTURES. 


799 


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<    O     :       1       1        1       1      1       1       I       t       1       1       t    O      1       1       1       1       1       1 

o                                                     n 

o 

CO 

o 

■sie][op 
UI  3n[EA 

omoj^oioocooooinoooot^ooo 
oi^ocoot^o»oooininj^oo»ooaDoo»c 

Oai0:ir^tD03(^jC-»G0O--C0O00»n'-HtD'r^OC0C'J 

cnooo-t*^— lQoc£o^t^OJO(^»oo^^a5'^^^o— -in 
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en 

in 

r- 

in 

o 

t— 1 

Woollen 
Cloths, 
in  fami- 
lies, &c. 

•apijui 
spjKA 

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CO 

Blended 
and  un- 
named 
Cloths  Sc 
Stuffs. 

•op^m 

SpjEA 

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00      co-fcj           coo—      ai       looo      -*•      cm 
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(M 

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^ 

Cotton 

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families,  &c. 

•apBUi 
spaiJA 

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cooD*-^mo^tot^)io^c>CQ'-^cotooDc:»ooocoo 
i.-^-t!>^oo)^-^— _^in^— .comcomoci^to^Cii^oi^Oin 

'O  —  o  to  o  ^ -^  in -^  11^  n  a^  n  t^  o  n  ^  vn  oT  <s  (^ 

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1814.1 


DIGEST   OF    MANUFACTURES. 


801 


Articles  of  a  doubtful  nature.^  or  Agricul- 
tural. 

i 

o 

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864  16 

1,250 

3,712 
12,500 

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n> 

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•spunoj 

5,800 

10,000 

29,695 
100,000 

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en                                    ,                 o    , 

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c 

3 
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•sjTinop  UI  an[B  V 

3,750 

250 
500 

4,100 

3,000 
4,000 

1,585 

5,001   50 

o 

in 

to 

00 

o" 

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7,500 

500 
1,000 

8,200 

6,000 
8,000 

3,170 

10,003 

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1                      ;           '                       1         ^^-tci    ,           ,           , 

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Bedford, 

Davidson, 

Dickson, 

Franklin, 

Giles, 

Hickman, 

Humphries, 

Jackson, 

Lincoln, 

Montgomery, 

Maury, 

Overton, 

Robertson, 

Rutherford, 

Sumner, 

Smith, 

Stewart, 

Wilson, 

Williamson, 

White, 

Warren, 

Total  amounts, 

802 


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to 

3 


DIGEST   OF   MANUFACTURES. 


mm  '^^^s 


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Pi 

o 

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CK 


c 

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en 

Value 

in 
dollars. 

00 

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£    . 

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c«    o 

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2,250 
150 

3 

1,790 

2,383 
562  50 

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m 

00 
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1-^ 

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3,000 
200 

6 
1,790 

4,766 
750 

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to 

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families,  &c. 

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1            1    CO  O  O  T  (?}         CO         CO  CO  to  O  i^  CO  to  o  to  o  -r                           o               o  o-!  to  Oi  t^ 

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to 

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—  oto>n>o       —       ococoooio-fi-ot^r-to                     to           toooooo-* 

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— •  o  -r  CT  X'       to       fM  i^  o  m  o  oc'  (^  lo  m  o)  rr                     oo           oi  o  cj  oo  co 

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to 

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if 

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■ra^oo  —  oooooocjj-i^omoommoi^  —  coooocooc2i~fMtot^CQ-Homooo 

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o 

1814.] 


DIGEST  OF   MANUFACTURES. 


805 


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FINANCE. 


[1814. 


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2  =  b^  s  =a^  =— .t-^  5^  5  S  s  c^'— -£  %-^  s  ii  n-^  -s  £.^  ^  2;  t.i^-5  j  g  ?c-s 

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£ 

1814.] 


DIGEST   OF   MANUFACTURES. 


807 


TERRITORY  OF  ORLEANS— Manufactures. 


Cotton  Goods  in 

Stocking's. 

Hats. 

Blacksmiths. 

families,  &c. 

COUNTIKS. 

t 

t 

£ 

« 

-3 

o 

"o 

o 

X 

6 

c 

13 

he 

r. 

ri 

t3 

c 

'5 

■d 

c 

/) 

OJ 

c 

E 
o 

<u 

3 

C 

d. 

3 

* 

rt 

X 

rt 

'^ 

o 

>^ 

^ 

P- 

> 

rSl 

J 

X 

^ 

> 

o 

u; 

r*- 

Orleans, 

I 

2,000 

8 

25 

244,000 

German  Coast, 

- 

- 

- 

_ 

_ 

- 

_ 

_ 

_ 

9 

Arcadia, 

1'2,9G9 

- 

_ 

- 

150 

105 

1 

.350 

_ 

_ 

16 

La  Fourche, 

11,907 

- 

_ 

- 

143 

- 

- 

_ 

, 

5 

Iberville, 

13,188 

- 

300 

300 

92 

77 

1 

60 

- 

. 

5 

Point  Coupe,     - 

2,500 

- 

- 

- 

50 

- 

- 

- 

_ 

12 

Concordia, 

15,000 

- 

. 

- 

180 

52 

- 

. 

- 

_ 

4 

Ouachita, 

2,305 

- 

- 

- 

_ 

26 

o 

250 

- 

1 

4 

Natchitoches,    - 

1,625 

- 

- 

32 

1 

300 

Opelousas, 

08,125 

- 

- 

- 

150 

4 

1.400 

- 

1 

5 

Attakapas, 

20,250 

- 

- 

- 

- 

234 

5 

200 

Rapide, 

22,311 

~ 

" 

96 

124 

' 

* 

- 

- 

2 

Total  amounts. 

133,180 

106,544 

300 

300 

518 

993 

15 

4,560 

36,480 

10 

87 

244,000 

^       ■ 

Soap  and  Candles. 

Tanneries. 

°  S* 

^ 

It: 

1 

COUNTIES. 

'i-  t 

«.2 

o" 
U 

-a 

u 

2 

o 

o 
ir. 

o 

c 

.5 

cn 
rt 

-a 

^'^ 

^ 

-a-) 

"^ 

V  "3 

1> 

■Tl 

^ 

?'= 

= 

ct 

o 

c 

_2 

•^ 

E 

OJ 

rt 

^ 

;« 

^ 

^— ' 

r" 

1 

^ 

« 

> 

1^ 

?. 

— 

J^ 

Orleans. 

20 

40 

30 

150,000 

6 

8,000 

6,950 

German  Coast. 

Arcadia. 

La  Fourche. 

- 

- 

. 

- 

- 

. 

- 

.") 

220 

Iberville, 

- 

- 

- 

•2 

5.314 

11,888 

Point  Coupe. 

Concordia. 

Ouachita, 

- 

- 

- 

- 

- 

- 

- 

- 

1 

- 

400 

Natchitoches,    - 

- 

- 

- 

1 

4,588 

4,606 

Opelousas, 

- 

- 

- 

- 

- 

- 

- 

1 

1,000 

Attakapas, 

~ 

- 

- 

- 

- 

- 

- 

4 

1,95C 

> 

Rapide, 

- 

- 

~ 

4 

- 

" 

" 

■ 

2 

2,40C 

40 

Total  amounts. 

20 

40 

30 

9,902 

166,294 

1,980-rYo 

19,955fg« 

( 

0        16 

13,57C 

7,390 

65,270 

Shoe  Makers. 

Distilleries. 

c 

Sug-ar. 

3? 

1 

„c 

T- 

c-  _  ,/ 

■ 

« 

<u 

E 

X 

::; 

COUNTIES. 

QJ 

rs  of  Shoes 
oots,  and  Sli 
.n-s. 

<u 

gsheads,  fif 
dlons  each 
om  Molasse 

c 
13 

a 

en 

o 

re 

'E 

3 

O 
O 

.ii 

X 

rt 

o 

'i. 

Z 

.2  fibci 

>• 

o 

« 

rt 
> 

< 

Orleans, 

no  1    55,000 

8 

4,230 

. 

50 

15 

/ 

1 

50,000 

13,000 

400 

German  Coast. 

_     1 

- 

2 

534 

Arcadia, 

5            734 

La  Fourche, 

3            448 

- 

2 

175 

Iberville, 

16  ]      1,968 

Point  Coupe. 

1 

Concordia. 

5  1         250 

Ouachita, 

3  i         300 

- 

- 

- 

- 

2 

Natchitoches,    - 

5  1         650 

Opelousas, 

3 

500 

- 

- 

- 

- 

1 

Attakapas, 

- 

- 

5 

126 

Rapide, 

12 

1,414 

52 

Total  amounts. 

162 

61,264 

122.528 

17 

*5,065 

157,025 

16 

7 

1 

50,000 

13,000 

400 

•Or  227,925  gallons. 


808 


FINANCE. 


[1814. 


ORLEANS — Manufactures  continued. 


.■ 

Tobacco. 

Potteries. 

rr. 

O 

o 

1 

Ropewalks. 

Gunpowder. 

Salt. 

COUNTIES. 

t 

10 

t 

13 

c 

-a 

t3 

-a 

C 

o 

C 

"3 

e 

3 

1) 
o 

41 

bo 

s 

C 

o 

X 

5 

O 

'rt 

O 

3 

c 

3 

p-> 

> 

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P- 

o 

iz; 

H 

r' 

s 

PL, 

> 

P3 

> 

Orleans, 

9 

2 

89^ 

21,428,-Vj 

I 

15,000 

11,250 

German  Coast, 

- 

_ 

- 

- 

_ 

_ 

- 

1 

Arcadia. 

La  Fourche, 

5,000 

- 

1 

600 

Iberville. 

Pointe  Coupe. 

Concordia. 

Ouachita, 

- 

- 

- 

- 

2 

_ 

- 

- 

- 

- 

- 

1 

600 

350 

Natchitoches,    - 

- 

- 

- 

- 

- 

- 

- 

- 

- 

- 

. 

2 

9,600 

5,760 

Opelousas, 

41,625 

Attakapas, 

5,000 

Rapide. 

Total  amounts, 

51,625 

9,033f/5 

1 

600 

11 

2 

89| 

21,428t^\ 

•2 

15,000 

11,250 

3 

10,200 

6,110 

TERRITORY  OF  ORLEANS— Articles  of  a  doubtful  nature,  or  Agriucltural. 


Saw  Mills. 

Sugui-  Planters — works. 

Bricks. 

COUNTIES. 

Number. 

Feet. 

Value  in 

Number. 

Hogsheads  of 

Value  in 

Kilns. 

Number. 

Value  in 

dollars. 

Sugar. 

dollars. 

dollars. 

Orleans, 

21 

3,690,000 

42 

5.277 

23 

13,570,000 

German  Coast, 

_ 

_ 

38 

3,142 

Arcadia, 

2 

- 

- 

8 

910 

La  Fourche, 

2 

210.000 

_ 

2 

300 

Iberville, 

- 

1.200,000 

Point  Coupe. 

Concordia, 

2 

200,000 

Ouachita. 

1 

100,000 

- 

_ 

_ 

_ 

3 

80,000 

Natchitoches,   - 

1 

160,000 

_ 

_ 

_ 

1 

160,000 

Opelousas, 

- 

- 

_ 

_ 

- 

2 

200,000 

Attakapas. 

Rapide, 

5 

1,230,000 

- 

1 

42 

Total  amounts, 

34 

6,790,000 

339,500 

90 

9,671 

712,372  77 

29 

14,010,000 

126,090 

Tiles. 

Indigo. 

Molasses. 

Cotton  pressed. 

COUNTIES. 

Number. 

Value  in 

Works. 

Pounds. 

Value  in 

Hogsheads. 

Value  in 

Presses. 

Value  of  work 

dollars. 

dollars. 

— 

dollars. 

in  dollars. 

Orleans, 

100,000 

4,250 

1,277 

14 

6,455  62 

German  Coast, 

- 

- 

34 

38,000 

38,000 

1,630 

Arcadia, 

- 

_ 

6 

7.800 

7,S00 

510 

La  Fourche, 

, 

_ 

_ 

_ 

163 

Iberville. 

Point  Coupe. 

Concordia. 

Ouachita. 

Natchitoches. 

Opelousas. 

Attakapas, 

- 

- 

- 

- 

_ 

10 

Rapide. 

Total  amounts. 

100,000 

4,250 

40 

45,800 

45,800 

3,590 

59,235 

14 

6,455  62 

1814.] 


DIGEST    OF   MANUFACTURES. 


809 


TERRITORY  OF  MISSISSIPPI-Manufactures. 


Cotton  Goods,  in 

Flaxen 

Woollen   Goods, 

Looms. 

en 

0 

rin. 

Tanneries. 

families,  &c. 

to 

Goods,   in 

in  families,  &c. 

-d 

■§  f^ 

families.  &c. 

en 

c 

'5. 

•5  S 

J3 

V) 

'E 

COUNTIES. 

V 

e 

c 

3 

g.1 
S3 

P 

o 

■a 
n 

E 

2 

-3 

c 

0 
-a 

E 

(A 

■a 

c 

0 

0 

J3 

to 
c 

3 
6 

0 

3 
c 

(A 

rt 
"0 

-a 

en 

ia 

a 

B 

rt 

rt 

" 

3 

rt 

-J 

^ 

rs 

>" 

> 

6 

>< 

r^ 

>< 

r* 

ir, 

;<5 

1 

r* 

0 

r^ 

Adams, 

58,794 

h~6 

"3    . 

6,818 

"2 

166 

343 

7,200 

16,500 

I 

Madison, 

42,805 

a  -1 

- 

- 

—  "H 

_ 

en     . 

246 

_ 

. 

4 

Jefferson, 

33,747 

1 

- 

5  S 

127 

- 

30 

. 

_ 

2 

9,000 

Wayne, 

16,685 

^^ 

- 

- 

- 

1*5  >, 

62 

Warren, 

8,060 

-*^  c. 

- 

- 

^  c. 

- 

—  a> 

33 

Franklin, 

16,650 

fe>2 

- 

- 

u^ 

_ 

Cu 

6^ 

Baldwin, 

11,950 

—  >n 

_ 

_ 

—1  ^ 

0) 
?3  1^ 

_ 

■^g 

41 

Claiborne, 
Wdkinson. 

•28,375 
44.860 

2 

7 

150 
300 

580 
500 

98 
157 

1 

60 
216 

- 

■ 

0 
0 

7,290 
4,700 

AVashington, 

29,330 

oi  a 

.3 

- 

iJ     73 

124 

38 

_ 

i> 

2,100 

1 

Amite, 

51,216 

<^ 

4 

" 

<    " 

' 

< 

208 

- 

120 

Total  amounts, 

342,472 

256,854 

22 

450 

393  75 

7,898 

10,267  40 

1,330 

1 

S07 

' 

7,200 

10 

39,590 

6 

LOUISI  AN  A— Manufactures. 


~ 

-3 

en 

1 

Spinning 

t 

5 

g 

y 

Wheels. 

0    e^ 

£ 

1 

>*    0 

u 

rt    X 

c 

, 

.ii 

.i;  ^ 

q; 

i)     Ji 

H-r 

-T3    ^' 

DISTRICTS  .\ND  SETTLEMENTS. 

C 

E 

3 

2; 

a5 

s 

0 

0 

c 
'S 

'5. 

efi 

.Si 
C 
Is 

en 

1 

C 
3 
0 

'1 

en 
0 

5 

-3  is 

a!  -, 

0 

if 

a. 
c 
p 

0 
E 

V 

c  .- 
c 

rt 

C. 
0 

CO 

en 

0 
C 

t 

E 
0 
55 

Disnict  of  St.  Charles. 

i 

i 

Ditto  of  St.  Louis, 

1,033 

380 

5 

7 

4 

10 

3 

2  i      1 

.T 

>■) 

-^ 

0 

1 

Ditto  of  St.  Genevieve. 

Ditto  of  Cape  Girardeau, 

744 

221 

- 

7 

- 

23 

- 

.    1 

- 

- 

5 

2 

Ditto  of  New  Madrid. 

Settlement  on  Hope  Field  and  St.  Francis. 

Ditto  on  the  Arkansas. 

i 

Total  amounts. 

1,777 

601 

5 

14       4 

33 

3 

2 

1 

3 

2 

7 

12 

3 

1 

£ 

Doubtful   Arti- 

0) 

ho 

cles,  or  Agri- 

rf 
5 

cultural. 

M 

?i 

j5 

0 

3J 

DISTRICTS  AND  SETTLEMENTS. 

1          1 

en 

y: 

It 

■Ti 

-a 

^ 
■? 

,i4 

w^ 

0 
0 

fi 

^ 

0 

^ 

_X 

0 

"u 

3 
0 

c 

IS 

0 

0 
0 

E 

C 

0 

is 

bo 

0 

0 
0 

1 

« 

a 

m 

U 

U 

5- 

< 

D- 

s 

C/j 

Ph 

i 

E 

c/; 

District  of  St.  Charles. 

i 

Do.     St.  Louis,           ----- 

12 

•2 

2  :     6 

1 

3 

0 

.) 

5 

4 

1 

9 

15 

6 

Do.     St.  Genevieve. 

Do.     Cape  Girardeau,        -        ..        -        . 

16 

- 

-   , 

_ 

- 

.1 

- 

- 

_ 

9 

. 

3 

Do-     New  Madrid. 

Settlement  Hope  Field,  and  St.  Francis. 

Do.  on  the  Arkansas. 

Total  amoum 

s, 

28 

2 

2     :         6 

1 

3 

•2 

4 

5 

4 

I 

18 

15 

9 

Remarks.— The  aggregate  amount  of  the  manufactures  of  Cape  Girardeau,  during  the  year  1810,  was  estimated 
at  $34,657  25. 

Only  two  districts  are  returned,  and  no  quantities  or  values  given. 


810 


FINANCE. 


[1814. 


TERRITORY  OF  INDIANA— Manufactures. 


ions. 

ASSISTANT  MAR- 
SHALS. 

Cotton  Goods,  in 
families,  &c. 

Mixed  Goods  ai.d 
Cotton. 

lanufac- 
stablish- 

Flaxen  Goods,  in 
families,  8<.c. 

Blended  and  unnamed 
Cloths  and  Stuffs. 

s 

Yards 
made. 

Value  in 
dollars. 

Yards 
made. 

Value  in 
dollars. 

O    j.     4)  1 

o2  e 

Yards 
made. 

Value  in    1      Yards 

dollars,     i      made. 

1 

Value  in 
dollars. 

1st. 

2d. 

3d. 

4th. 

5)h. 

6th. 

George  F.  Pope, 
William  Mager, 
James  Crow, 
Joseph  Brown,    - 
John  M'Candless, 
Spier  Spencer,    - 

Total  amounts. 

11,699 
17,600 

19,665 

6,013 

9,074  25 
15,400  00 

9,832  50 

1,550 

13,775 
343 

1,240 
8,265 

1 
1 

4,066 
52,445 

27,117 

9,112 

1,355  33 
27,222  50 

10,846  80 

20,103 
41,400 

15,077  25 
31,671   00 

54,977 

34,306  75 

15,668 

9,505 

1 

92,740 

39,424  63 

61,503 

46,748  25 

c 
o 

ASSISTANT  MAR- 
SHALS. 

WooUen  Goods,  in  fami- 
lies, &c. 

Cotton  and  Wool 

Spun  in  Mills. 
Value  in  dollars. 

Spinning 
Wheels. 

■Ji 

e 

o 
o 

Naileries. 

Q 

Yards 
made. 

Value  in 
dollars. 

Number. 

Num- 
ber. 

Pounds. 

Value  in 
dollars. 

1st. 
2(1. 
3d. 
4th. 
5th. 
6th. 

George  F.  Pope, 
William  Mager, 
James  Crow, 
Joseph  Brown,   - 
John  M'Candless, 
Spier  Spencer,    • 

Total  amounts. 

19,378 

29,067 

150 

1,350 

128 

467 
156 

280 

188 
37 

1 

20,000 

4,000 

19,378 

29,067 

150 

1,350 

1,256 

1 

20,000 

4,000 

C 

o 

ASSISTANT    MAR- 
SHALS. 

Tanneries. 

Distilleries. 

♦W 

ine. 

Gunpowder. 

Q 

3 
E 

3 

2 

4 

8 
4 

Hides. 

Value  in 
doll.ars. 

E 

3 
Z 

Gallons. 

Value  in 
dollars. 

Gallons. 

Value  in 
dollars. 

MiUs. 

Pounds. 

Value  in 
dollars. 

1st, 

2d, 

3d 

4th, 

5th, 

6th, 

George  F.  Pope, 
William  Mager, 
James  Crow, 
Joseph  Brown,    - 
John  M'Candless, 
Spier  Spencer,    - 

Total  amounts. 

2,300 

300 
800 

6,250 
1,950 

2 
8 
1 
13 
4 

11,200 
1,500 

18,450 
4,800 

100 
5,600 

750 
7,380 
3,400 

2,400 

6,000 

3 

3.600 

1,800 

18 

2,300 

9,300 

28 

35,950 

16,230 

2.400 

6,000 

O 

3,600 

1.800 

TERRITORY  OF  INDIANA— Articles  of  a  Doutful  Nature  or  Agricultural. 


OD 

ASSISTANT    MAR- 
SHALS. 

Wheat  Mills. 

Maple  Sugar. 

Horse  Mills. 

Grist  Mills. 

Saw  Mills. 

o 

is 

No. 

Bar- 
rels. 

"N'alue 
in  dol- 
lars. 

Pounds. 

Value 
in  dol- 
lars. 

No. 

Bushels. 

No. 

Bushels. 

Value  in 
dollars. 

No. 

Feet. 

Value 
in  dol- 
lars. 

1st, 

2d, 

3d, 

4th, 

5th, 

6th, 

George  F.  Pope. 
William  Mager, 
James  Crow. 
Joseph  Brown, 
John  M'Candless, 
Spier  Spencer. 

Total  amounts, 

1 

1 

1,500 

7,500 

50,000 

5,000 

3 

7,000 

9 

10 
13 

40,900 

40,900 
3,800 

8 

6     390,000 

3,900 

1,500 

7,500 

50,000 

5,000 

3 

7,000 

32 

40,900 

44,700 

14     390,000 

3,900 

*  Made  of  the  Madeira  and  Cape  of  Good  Hope  grape.     The  counties  are  not  ascertained. 


1814.] 


DIGEST  OF  MANUFACTURES. 


81 


TERRITORY  OF  ILLINOIS— Manufactures. 


COUNTIES. 

Blended  and  unnamed 
Cloths  and  Stufls. 

be 

c 

§ 

1 
a 

5 

Tanneries. 

■£. 

01 

a 

e 

o 

Uistilleries 

Yards 
made. 

Value  in 
dollars 

No. 

Hides. 

Value  in 
(loUai-s. 

No. 

(lallons. 

Value   ill 
dollars. 

St.  Clair, 
Randolph, 

36,596 
53,443 

21,957  60 
32,065  80 

630 

260 
200 

15 

5 
4 

9 

1,300 

7,750 

6 
6 

3 
3 

8 
11 

10,200 

8,670 

Total  am'ts, 

90,039 

54,023  40 

630 

460 

15 

1,300 

7,750 

19 

10,200 

8,670 

Beats. 

CO 

s 
s 

c 
IS 

ci! 
O 

6 

C 

o 

o" 
o 
O 

,^rtichs  of  a  doKbtful  nutnre 

or  Agricultural. 

COl'XTIES. 

Wheat  Mills. 

Saw  Mil 

s. 

A  alue  in 
dollars. 

Maple  Sugar. 

Build- 
ers. 

Value  in 
dollars. 

Num- 
ber. 

Barrels. 

Value   in 
tlollars. 

Mills. 

Feet. 

Camps. 

Pounds.    Value 
in  dolls 

St.  Clair, 
Randolph. 

2 

1,260 

7 
t 

5 

6.440 

32,200 

5 

480,000 

12.000 

78 

15,600 

1,950 

Total  ani'ts, 

2 

1,260 

6 

5 

6.440 

32,200 

5 

480,000 

12,000 

78 

15,600 

1,950 

TERRITORY  OF  MICHIGAN— Manutactures. 


Flaxen  and 
Hempen  floods. 

Woollen   Goods, 
in  families,  Sec. 

'    J3         Spinning- Wheels. 

Hats. 

Soap  and  Cantlles. 

DISTRICT.-!. 

Y'ards 
made. 

Value  in 
dollars . 

Yards 
made. 

Value  in 
dollars. 

E 
o 
c 

No. 

■r. 

A'alue  in 
dollars. 

6 
=5  t 

1 

P'ds  of 

Cantlles. 

Pounds 
of  Soap. 

Value  of 

Cantlks. 

Detroit. 

Erie. 

Huron, 

Michilimackinac. 

421 

795 

316 

782 

1,300 

1,015 

90 

1,300 

982 
90 

I 

2 

1 

1 

400 
200 

2,800 
1.000 

6.500 

37,000 

1 

2.356 

4.750 

Total  amounts. 

1,216 

1.098     3.405 

2,372 

17  1   130 

1 

O 

000 

3.800 

I 

6.500    1    37.000 

2,356      4.750 

Tanneries. 

Saddlers. 

Distilleries. 

1 

.Articles  of  a  doubtful  nature, 
or  .Agricultural. 

DIST!!lnT.«. 

TT. 

X 
1 

■r 

1 

d. 

at 

o 

c 

S 

Common  and 
Merino. 

No. 

o 
1 

Hides. 

\'aliie  in 
tlollars. 

No. 
1 

Saddk-s 

ami 
Bridles. 

No. 

•2 
•2 
3 

1 

1 
tialloiis.     Valtie  in 
dollars. 

Total   numbe-v 

Detroit, 

Erie. 

Huron. 

Michilimackinac. 

1,100 
160 
100 

6.600 
550 
600 

60 

720 

8.200        6.000 
3,500        2.625 

8.000         1.847 
700            700 

'2 

1 

1 

1 .000 

Total  amounts. 

5 

1 .360 

7,750 

1 

60 

720 

6 

20,400  j    14,172        4 

o 

'  ,  ' 

1  .l>0-) 

812 


FINANCE. 


[1814. 


DISTRICT  OF  COLUMBIA— Manufactures. 


Cotton  Goods,  in  families, 
&c. 

Cotton  Manufacturing-  Esta- 
blishments. 

Blended,    and   unnamed 
Cloths  and  Stuffs. 

<u 

bo 

c 

'S 
c 

"1- 

1 

Yards  made . 

Value  in 
dollars. 

Num- 
ber. 

Yards  made. 

Value  in 
dollars. 

Yards  made. 

Value  in 
dollars. 

£ 
o 
o 

Washington,     - 
Alexandria, 

26,000 

19,500 

1 
2 

9,000 
16,000 

4,500 
8,000 

20,000 

20,000 

328 

45 
65 

Total  amounts, 

26,000 

19,500 

3 

25,000 

12,500 

20,000 

20,000 

328 

110 

Carding-  Machines. 

Labor-saving  Machinery. 

Hatteries. 

COUNTIES. 

B 

3 

Pounds. 

Value    in 
dollars. 

Drawing-  £c 

Roving 
Machines. 

Looms, 
with  fly 
shuttles. 

en 
<U 

Spinning 
*^  '            frames. 

c 
'5. 

-a 

s 

3 

Fur  Hats. 

Value  in 
dollars. 

Washington,     - 
Alexan(iiia, 

2 

26,000 

13,000 

8 

3 

1 

108 

6 

12,000 

60,000 

Total  amounts. 

2 

26,000 

13,000 

8 

3 

1 

2 

108 

6 

12,000 

60,000 

e 
c 

c! 

<v 

c 
1 

Breweries. 

Sugar  Refineries. 

en 

3 
c 

Glass  Works. 

COUNTIE.S. 

XI 

E 

3 

Barrels. 

Value  In 
dollars. 

u 
u 
.o 

B 

3 

2 

Pounds. 

Value   in 
dollars. 

o 

Square  feet. 

Value  in 
dollars. 

Washington,     - 
Alexandria, 

3 

2 

2 
1 

1,500 
1,400 

9,000 
8,400 

800,000 

144,000 

1 

1 

300,000 

36,000 

Total  amounts, 

5 

4 

3 

2,900 

12,400 

2 

800,000 

144,000 

1 

1 

300,000 

36,000 

* 

Rope  Walks. 

Articles  of  a  doubtful  nature,  or 
Agricultural. 

COUNTIES. 

Potteries. 

Suspender  Manufac- 
tories. 

Grist  Mills. 

Num- 
ber. 

Value  in 
dollars. 

o 

-Q 

e 
1 

en 

O 

Value  in 
dollars . 

V 

x 
B 

3 

en 

C 
tD 
N 
O 

C 

Value  in 
dollars. 

V 

B 
3 

2 

Bushels 
of  Meal. 

Barrels 
of  Flour. 

Value  in 
dollars. 

Washington,     - 
Alexandria, 

I 

3,000 

3 
3 

580 
400 

232,000 
160,000 

1 

200 

2,000 

3 
3 

15,000 

35,000 

211,250 

Total  amounts. 

1 

3,000 

6 

980 

392,000 

1 

200 

2,000 

6 

15,000 

25,000 

211,250 

Philadelphia,  in  the  United  States  of  America,  May  30th,  1813. 


TENCH  COXE. 


1814.]  UNSETTLED   ACCOUNTS.  3I3 


13th  Congress.]  JVo.    408.  [2d  Session. 

U  N  S  E  T  T  LED   A  C  C  0  r  N  T  S. 

COMMUNICATED    TO    THE    HOUSE    OF    RKPRESE.NTATl Vl.S,   JANIARY    31,    1811. 

Wau  Dki'aktmeni.  .Jmiuurij  -iSth,  ISU. 
Sir: 

Conformably  to  a  resolution  of  the  honorable  the  House  of  Representatives,  of  the  30tli  of  July  last,  reiiuirin^ 
the  Secretary  of  War  to  lay  before  the  House  a  view  of  the  unsettled  accounts  in  the  offices  of  the  accountant  of 
this  Department,  and  of  the  paymaster  of  the  army,  and  to  suggest  measures  to  secure  tlie  accountability  of  public 
agents  and  to  prevent  the  accumulation  of  unsettled  accounts  connected  with  the  War  Department,  I  have  to  re- 
port, that  a  satisfactory  view  of  the  unsettled  accounts  in  either  of  these  olfices  has  not  been,  and  (agreeably  to  the 
enclosed  statements  of  the  paymaster  of  the  army  and  of  the  accountant)  cannot  be,  rendered  by  them,  \vithin  any 
definite  period  of  time. 

The  better  to  secure  the  accountiibility  of  public  agents,  and  to  prevent  the  accunuilation  of  unsettled  accounts, 
5  have  the  honor  to  "  suggest" — 

1st.  That  an  office  be  established,  in  which  all  accounts,  whether  in  specie  or  in  kind,  coiuiocted  with  the  mili" 
Tary  and  Indian  departments,  shall  be  adjusted,  audited,  and  settled,  conformably  to  rules  and  regukuions  to  be 
prescribed  by  the  Treasury  Department,:  and 

•2d.  That,  to  render  efficient  the  pay  department  of  the  army,  which  is  now  but  adapted  to  a  small  and  peace  es- 
tablishment, and  to  secure  the  regular  and  punctual  payment  of  the  troops,  a  new  organisation  be  adopted,  to  con- 
sist of  a  Paymaster  General  of  the  armies  of  the  United  States,  with  sucli  deputy,  district,  and  assistant  paymas- 
ters, as  the  exigencies  of  the  service  may  require,  neither  of  whom  shall  belong  to  the  line  of  the  army. 

With  great  respect,  I  have  the  honor  to  be.  sir,  your  most  obedient  servant, 

JOHN  ARMSTRONG. 
The  Speaker  of  the  House  of  Heprexcntcitiues  of  the  United  Slates. 


Army  Pay  Office,    City  of  JVushinglon,  Jdntiary  \9,th.   1814. 
Sir: 

In  the  estimate  which  I  had  the  honor  of  submitting  to  you  lor  the  compensation  of  clerks  in  this  office,  ior 
the  year  1814,  I  confined  myself  to  the  amount  appropriated  for  the  year  1813,  under  the  impression  that  any  in- 
crease which  the  public  service  might  call  for  would  be  more  properly  brought  to  your  view  in  the  report  which  I 
was  then  about  preparing.  I  have  since  thought,  however,  that  it  might  as  well  be  made  the  subject  of  a  separate 
communication. 

For  the  due  examination  and  adjustment  of  the  heavy  and  voluminous  accounts  of  the  several  sub-paymasters  of 
the  army  and  militia,  and  of  numerous  recruiting  officers,  wh.ich  are  already  rendered,  and  daily  coming  in,  to- 
gether with  the  current  business  of  the  office,  1  consider  it  my  duty  to  suggest  that  an  additional  appropriation  of  at 
least  4,000  dollars,  for  compensation  of  clerks  in  the  year  1814,  appears  to  be  highly  necessary. 

I  would  also  beg  leave  to  suggest  the  propriety  of  an  appropriation  of  SI, 517  22  for  contingencies  of  the  office, 
(1,000  of  which  on  account  of  the  year  1814)  for  the  purpose  of  paying  for  books,  stationary,  printing,  fuel,  and 
other  necessary  expenses,  including  a  debt  already  contracted  for  those  articles,  for  the  use  of  the  office,  for  the  last 
six  months  of  the  year  1813,  of  $547  22. 

The  books,  stationary,  and  printing,  have  heretofore  (until  the  1st  of  July.  1813.)  been  paid  for  out  of  the  jene- 
ral  contingent  fund  of  the  \N"ar  Department;  but,  if  an  appropriation  be  specifically  made  for  those  objects,  as  herein 
suggested,  it  will  relieve  the  contingent  fund  of  the  War  Department  from  them,  relieve  the  officers  of  that  De- 
partment from  the  settlement  of  the  accounts,  and  remove  the  difficulties  which  at  present  exist  respecting  tiie  con- 
struction of  the  laws  on  the  subject. 

I  have  the  honor  to  be,  most  respectfully,  sir,  your  obedient  ser\ant, 

ROBERT  BRENT,  PaymuHcr  of  the  dnmj. 
The  Honorable  John  Armstrong.  Secretary  of  TVur. 


Army  Pay  Office,  City  of  TVashington.  Janu.ary  24//;.   1814. 

I  have  been  for  some  time  endeavoring  to  make  up  a  report  conlormably  to  the  views  of  the  lionorable  the 
House  of  Representatives,  as  expressed  in  their  resolution  of  the  30(h  of  July,  1813,  and  of  your  letter  to  me  of  the 
4th  of  August  last,  but  find  it  totally  impracticable  to  make  one  by  any  means  satisfactory  to  myself,  or  which 
would  convey  correctly  the  information  which  it  would  seem  the  resolution  contemplated:  and  for  the  following 
reasons : 

The  debits  and  credits  of  the  several  sub  paymasters,  recruiting  officers,  and  others,  who  receive  public  moneys 
from  this  office,  are  constantly  Huctuating;  so  also  are  the  immense  masses  of  accounts  which  are  daily  transmitted 
TO  it.  Scarcely  a  mail  leaves  the  city,  east,  west,  north,  or  south,  but  carries  with  it  remittances  to  tlie  above  men- 
tioned officers.  Scarcely  a  mail  arrives  fnnn  any  of  the  four  points  of  the  compass  but  comes  loaded  ^^■ith  their  ac- 
counts and  vouchers.  Not  a  day  passes  over  but  some  ot  tiiem  are  examined  and  settled  at  this  office:  hence  it  will 
appear  perfectly  impassible  to  give  any  thing  like  the  true  state  of  open  unsettietl  accounts,  and  I  must  beg  the  favor 
of  you  to  state  these  circumstances  to  the  honorable  Chairman  of  the  Committee  ot  Ways  and  Means  wlso  intro- 
duced the  resolution. 

The  letter  which  I  had  the  honor  of  addressing  to  you  on  the  16th  instant,  is  calculated  for  that  part  of  the  reso- 
lution which  relates  to  measures  tending  to  prevent  the  future  accumulation  of  unsettled  accounts  \n  ilii>  office. 

I  am,  very  respectfully,  sir,  your  most  obedient. 


The  Honorable  John  Armstrong,  Secretary  of  IJ'ur. 


ROBERT  BRENT,  /'uymastrr  of  the  .irniy. 


Department  of  War,  dccountanl's  Office,  January  ilsf,  1814. 

Sir:  .  ,  ... 

I  duly  received  your  letter  of  the  4th  ot  August  last,  wherein   you   require  to  be  lui-nished,  by  the  1st  of  No- 
vember following,  with  a  "  statement  of  the  unsettled  accounts  in  this  office,  showing  as  well  the  amount  of  money-: 
which  have  been  advanced  by  the  Government,  and  the  time  when  advanced  or  paid,  as  the  amount  of  voucher- 
103  tt 


814 


FINANCE. 


[1814. 


rendered  by  the  individuals  charged,  the  causes  which  liave  occasioned  the  delay  of  settling  the  accounts  of  the 
several  agents  and  individuals  wlio  have  received  money  from  the  appropriations  made  for  the  War  Department, 
noting  the  time  when  their  agencies  or  contracts  expired,  as  well  as  the  balances  and  amount  of  each  now  remaining 
unsettled."'  Since  wliich  my  attention  has  been  devoted  to  the  accomplishment  of  tlie  objects  required:  but  such 
has  been  the  great  increase  ot  the  business  of  the  office,  that  1  have  hitherto  found  it  impracticable  to  furnish  the 
statements:  they  are  in  a  state  of  progression,  and  may  possibly  be  coinpleted  during  the  present  session  of  Congress. 

In  order  to  place  you  in  possession  of  some  of  the  leading  causes  of  this  delay,  I  will  take  the  liberty  to  bring  to 
your  view  tlie  course  that  the  business  takes  in  its  progress  through  this  office. 

it  will  be  recollected  that  all  the  moneys  appropriated  for,  and  expended  in,  the  War  Department,  are  drawn 
from  the  treasury,  by  warrants  drawn  by  the  Secretary  of  War,  and  countersigned  by  the  Accountant,  the  amount 
of  which,  during  the  year  ending  on  the  30th  of  September  last,  has  exceeded  nineteen  millions  of  dollars.  These 
warrants  are  allrecorded  in  this  office,  and  separate  accounts  kept  of  each  specific  appropriation  out  of  which  they 
are  drawn,  of  vvliich  annual  statements  are  furnished  to  Congress.  The  warrants  thus  drawn,  are  either  for  ad- 
vances directed  by  the  Secretary  of  War.  or  for  balances  ascertained  on  settlements  made  by  the  Accountant.  For 
the  advances,  the  persons  receiving  them  are  charged  and  held  accountable  on  the  books  of  this  office,  and  the  settle- 
ments are  made  in  conformity  to  law  and  established  regulations,  or  by  authority  from  the  Secretary  of  War. 
All  these  transactions  are  entered  on  the  books  of  the  office,  and  quarter  yearly  statements  of  them  are  made  out, 
and  the  accounts  accompanying  them  transmitted  to  the  treasury  for  examination  and  revision. 

In  the  prosecution  of  these  duties  it  will  readily  occur  to  you,  sir.  that,  where  the  expenditures  of  the  Department 
exceed  so  far  in  amount  those  of  ordinary  years,  the  business  of  accounts  must  necessarilj'  increase  in  a  coires- 
pondent  degree,  even  if  the  system  according  to  which  the  business  is  transacted,  were  as  well  calculated  for  the 
one  as  the  other.  This  I  cannot  avoid  stating  is  not  the  case;  and  with  the  view  of  showing  wherein  the  difference 
is  most  prominent,  I  will  take  the  liberty  of  stating  that  part  of  the  business  in  relation  to  advances  and  the  manner 
they  are  now  accounted  for. 

1st.  As  it  regards  the  Quartermaster  General's  department. 

It  will  be  recollected  that,  by  the  acts  of  Congress  establishing  a  Quartermaster  General's  department,  the 
Quartermaster  General  is  expressly  exonerated  from  any  responsibility  for  his  deputies;  the  consequence  is,  that 
advances  are  made  to  the  quartermaster  generals,  which  they  distribute  to  the  several  officers  of  their  depart- 
ments; these  again  advance  moneys  to  others,  and  consequently,  when  one  personal  account  is  adjusted,  it  gives  rise 
to  a  number  of  others,  and  in  this  manner  the  duties  of  this  office,  in  relation  to  that  department  are  increased  to  a 
degree  more  readily  imagined  than  described. 

'2d.  As  it  i-egards  the  recruiting  service. 

Officers  commanding  recruiting  districts  are  furnished  with  rnoney  in  advance,  with  which  they  are  charged. 
These  are  branched  out  to  officers  of  every  grade  in  the  army,  with  each  of  whom  separate  accounts  are  opened 
and  settlements  are  required  to  be  made  at  tills  office,  and  the  same  remark  applies  to  this  branch  of  the  business,  as 
it  regards  the  number  of  personal  settlements,  as  that  made  in  relation  to  accounts  of  the  Quartermaster's  depart- 
ment. ,^  ^  , 

3d.  As  it  regards  the  Pay  department. 

The  course  pursued  is,  for  the  Paymaster  of  the  army  to  receive  advances  for  the  pay,  subsistence,  and  forage,  of 
(he  army,  and  for  bounties  and  premiums,  with  \vhich  he  is  charged  on  the  books  of  this  office.  His  payments  con- 
sist principally  in  advances  to  paymasters  of  districts,  and  to  officers  for  recruiting.  The  district  paymasters  ad- 
vance money  to  the  regimental  paymasters,  and  others,  for  the  pay,  &c.  of  the  army,  and  by  this  process,  when  the 
Paymaster  of  the  army  exhibits  his  accounts  for  adjustment,  their  settlement  occasions  the  opening  of  a  multitude  of 
accounts,  all  of  which  are  to  be  ultimately  settled  in  this  office. 

4th.  Commissary  General's  department. 

Advances  are  made  from  this  office  to  the  Commissary  General  of  Purchases,  and  to  every  deputy  commis- 
sary in  service;  separate  accounts  from  each  are  received  and  adjusted  at  this  office,  to  a  very  great  extent:  for,  in- 
dependent of  the  number  of  accounts  which  the  advances  are  calculated  to  produce,  the  system  directed  by  the  act 
of  the  3d  March,  1809,  by  which  every  person  has  a  distinct  account  opened  under  each  specific  appropriation  out 
of  which  the  moneys  are  advanced  to  him,  the  number  of  accounts  which  an  agent  of  purchases,  for  instance,  has 
open,  amounts  to  ten  or  twelve,  for  each  of  which  he  renders  quarter  yearly  accounts  and  vouchers,  which  are  to  be 
settled  and  entered  on  the  books  of  this  office. 

When  it  is  recollected  that  all  these  transactions  are  to  be  placed  on  record  on  the  books  of  this  office,  that  the 
accounts  are  all  to  be  settled,  the  balances  ascertoined  and  paici,  without  any  other  examination  than  that  which  they 
receive  at  tliis  office,  I  flatter  myself  that  it  will  be  found  that  all  has  been  tlone  which  it  was  practicable  to  do  with 
the  force  employed  in  the  office,  and  under  the  circumstances  above  mentioned,  and  that  causes,  not  within  my  con- 
trol, have  prevented  my  complying  with  tiie  contents  of  your  letter  within  the  time  required. 

I  have  thus,  sir,  mentioned  some  of  the  prominent  features  of  the  system,  according  to  which  a  part  of  the  du- 
ties of  this  office  are  performed,  and  some  of  the  difficulties  incident  to  that  system.  1  could  proceed  to  state  the 
increased  labor  and  time  necessary  to  the  adjustment  of  the  great  accumulation  of  personal  accounts,  the  very  great 
and  increasing  correspondence  of  the  office  consequent  to  that  accumulation;  but  it  will  doubtless  occur  to  you,  sir, 
t  lat,  from  whathas  been  stated,  some  alteration  has  become  indispensably  necessary  to  the  regular  and  punctual  per- 
formance of  the  public  business  of  this  office;  and  the  subject  is  accordingly  respectfully  submitted  to  you  as  the 
head  of  the  War  Department. 

I  am,  sir,  very  respectfully,  your  most  obedient  servant, 

WILLIAM  SIMMONS. 
The  Honorable  John  Armstrong,  Secretary  qf  War. 


/(■„■ .  -i-';!  • 


•I     i  < 


1814.]  ARTICLES   USER    IN   CLOTHING    THE   ARMY    AND    NAVY.  8I5 


13th  Congress.]  ]\-^    499.  [2d  Session. 


DRAWBACK   OF    !)  ITT  IKS    ON   EXPOItl'S   TO    N  K  W    O  K  L  K  \  N  8. 

COMMUMCATKn    TO    THK    HotSK    OV  UEPRESKNTAI  IVKS.  FEIIKLAKY  'J.  JH14. 

Mr.  Newton,  from  the  Conunittee  of  Commerce  and  Manufactures,  to  wliom  was  relerred  the  memorial  of  Joshua 
Sands,  late  Collector  ot  the  Customs  for  the  port  of  New  York,  submitted  the  foilowins  statement  of  facts: 

That,  from  the  day  of  April,  in  the  year  1797,  to  the  day  of  June,  in   the  year  1801,  Joshua  Sands 

was  Collector  ot  the  Customs  tor  the  port  ot  New  York.  That,  prior  to  die  1st  day  ol  July,  in  the  year  1791», 
a  drawback  ot  dutie?  was  allowed  on  the  exportation  of  merchandise  to  New  Orleans,  wliich.  at  that  time' 
and  for  several  years  subsequent  to  tliat  date,  was  one  of  the  dependencies  of  Spain.  That  by  the  seventy - 
fifth  section  of  the  act.  entitled  '•  An  act  to  regulate  the  collection  of  duties  on  imports  and  toniiase,"'  which  act 
passed  the  second  day  of  March.  1799,  and  went  Into  operation  on  the  tirst  clay  of  July  following,  tlie  former  act. 
allowing  the  drawback  of  duties  on  merciiandise  exported  to  the  dependencies  of  any  foreign  State  or  kin^doin 
adjoining  to  the  United  States,  was  repealed.  That  Joshua  Sands,  misapprehending  the  true  import  of  tlie"  said 
seventy-tifth  section,  issued  debentures  for  merchandise  exported  to  New  Orleans,  some  of  whicli,  to  the  amount  ol 
twenty-nine  thousand  four  hundred  and  seventy-seven  dollars  and  fifty  nine  cents,  he  paid  before  he  was  conscious 
of  his  misapprehension  ot  the  law  ^Vhen  the  other  debentures  issued  by  him  became  due.  and  were  presented 
for  payment,  he  refused  to  pay  the  same.  Sauuiel  Corps,  who  lield  some  of  tiiose  ilebentures,  petitioned  Congress 
for  the  amount  thereof,  which  w  as  paid  over  to  him,  as  will  appear  by  reference  to  the  act  for  the  relief  of  the^aid 
Samuel  Corps,  passed  the  twenty-td'th  day  of  February,  1801. 

The  committee  further  state,  that  so  much  of  the  said  twenty-fifth  section  of  the  above  recited  act,  as  prohibited 
the  allowance  ot  drawback  ot  duties  on  the  exportation  of  merchandise  to  New  Orleans,  was  repealed  by  an  act 
which  passed  the  Jth  day  of  April,  1800,  entitled  '•  An  act  to  allow  a  drawback  of  duties  on  goods  exported  to  New 
Orleans,"  and  therein  to  amend  the  act,  entitled  "An  act  to  regulate  the  collection  of  duties  on  imports  and 
tonnage." 

From  this  statement  of  tacts,  the  cominittee  have  formed  this  opinion:  that  it  was  not  the  intention  of  the  Na- 
tional Legislature,  in  revising  and  modifying  the  former  act  for  the  collection  of  duties,  by  that  which  passed  in 
1799.  to  prohibit  the  exportation  of  merchandise  to  New  Orleans,  with  an  allowance  of  the  drawback  of  duties. 
The  real  object  of  the  law  was  to  prevent  exportation  with  this  privilege  to  merchandise  shipped  to  any  of  the  colo- 


nies of  Great  Britain,  adjoining  the  United  States.     The  act  of  Congress  which  passed  the   5th  day  of"  April.  1800. 

,  „  1  of  the  seventy-fifth  section  of  the  act  of  1799,  which  prohibited  the  exportation  of  merchandise 

with  allowance  of  the  drawbacks,  to  New   Orleans,  is  a  clear  and  satistiictory  proof  that  the  Spanisli  dominions 


epealing  so  much 


adjoining  the  United  States  were  included  through  inadvertence. 

The  promptitude   with   whicli  a  repeal  was  effected,  the  first  opportunity  which  jiresented  itself  to  Congress, 
removes  every  doubt  from  the  subject. 

If,  however,  additional  evidence  of  the  intention  of  Congress  be  wanting  to  establish  the  fact,  that  evidence  is 
found  in,  and  confirmed  by,  tiie  act  granting  relief  to  Samuel  Corps,  by  which  he  was  paid  the  amount  ol  tiie  deben- 
tures which  had  been  issued  by  Joshua  Sands,  and  which  the  said  Sands  refused  to  pay  on  discovering  his  misinter- 
pretation of  the  law.  The  error  of  Mr.  Sands  was  an  error  of  judgment,  to  which  the  best  and  wisest  men  are 
liable.  In  no  instance  could  he  be  personally  interested  or  benefitted  by  siich  a  construction  of  the  law.  A  suit 
has  lately  been  instituted  against  him  (or  the  amount  of  the  drawbacks  paid  by  him.  He  solicits  the  National 
Legislature  to  pass  an  act  which  shall  authoriy.e  tiie  accounting  ofticer  of  the  Treasury  Department  to  allow  him 
credit  on  his  accounts  tor  the  amount  of  the  drawbacks  paid  by  him.  So  much  are  the  committee  persuaded,  from 
a  full  view  of  this  case,  that  relief  is  reasonably  asked,  and  ou£;ht  to  be  granted,  that  they  have  instructed  their  chair 
man  to  ask  for  leave  to  report  a  bill  lor  the  relief  of  Joshua  Sands,  late  Collector  of  the  Customs  for  the  port  of 
New  York. 


13th  Congress.]  IVo.    410.  [2d  Session. 


ARTICLES,   FOREIGN    AND    DOMESTIC. 
Consumed  in  clothbiii-  the  Army  and  Navy  of  the  fnited  States,  in  the  year  1813.  and  a;?  estimate/or  1814. 

COMMUNICATED  TO  THE  SE.VATE,     FEBRIARV     3.     1311 

'fo  the  Senate  of  the  I'niled  State->: 

I  transmit  to  the  Senate  of  the  I"nited  States  repoi'ts  of  the  Secretaiy  of  War  and  Secretary  of  the  Navy,  com- 
plying with  their  resolution  of  the  3d  ultimo. 

JAMES  MADISON 
February  3,  1814. 

\N  AP.  Departmemt.  Fehrv.ani  1.  1811. 
Sir: 

I  beg  leave  to  submit  to  you  the  toUowing  documents  on  the  subject  of  the  resolution  of  the  Senate  of  the  3d 
ultimo,  in  relation  to  the  quality  of  woollen  goods  provided  for  the  army,  during  the  last  year.  &c.  and  have  the 
honor  to  be.  sir.  with  the  highest  respect,  your  most  obedient  servant, 

JOHN  ARMSTRONG. 
The  President. 


.  Commissary  General's  Office.  Philudtlphia,  January  iO,  1814. 

Sir: 

In  obedience  to  the  resolutiouof  the  Senate,  of  the  3d  of  January,  1814,  transmitted  in  your  letter  of  the  !th 
instant,  requiring  an  account  of  the  quantity  of  blankets,  and  other  woollen  goods,  provided  for  the  army,  during 
the  year  1813;  distinguishing,  as  far  as  practicable,  such  as  were  of  foreign,  from  those  of  domestic  manufacture; 
also,  an  estimate  of  the  quantity  of  the  same  goods  that  may  be  judged  necessary,  for  die  like  purposes,  for  the 
present  year;  I  iiave  the  honor  of  transmitting  the  enclosed  statements,  viz: 


816 


FINANCE. 


[1814. 


No. 
1813. 

No. 
No. 
No. 


1.  Of  woollen  goods,  of  domestic  origin,  manufactured  within  the  United  States,  purchased  during  the  year 


2.  Of  cotton  goods,  also  of  domestic  origin,  also  manufactured  and  purchased  as  above. 

3.  Of  sundries,  made  of  leather,  metal  &c.  of  like  origin,  manufacture,  &c.  &c. 

4.  Of  woollen  goods,  of  foreign  origin  and  manufacture,  imported  into  the  United  States,  purchased  during 
the  year  1813. 

No.  5.  Of  cotton  goods,  &c.  &c.  of  like  origin  and  manufacture,  imported  and  purchased  as  above. 

No.  6.  Estimate  of  the  quantity  of  the  same  goods,  that  may  be  necessary  for  the  like  purpose,  for  the  year  1814. 

Permit  me  to  observe  that,  although  large  quantities  of  foreign  cloths,  for  coats  and  overalls,  were  purchased  du- 
ring the  year  1813,  as  well  as  linens  of  various  kinds,  and  articles  for  facing  military  clothing:  also,  flannels,  for 
shirts,  baizes,  for  stocks,  &c..  &c.,yet  such  has  been  the  rapid  progress  of  manufactures  in  tliis  country,  that,  for 
the  service  of  the  present,  and.  if  they  continue  to  progress  as  they  have,  for  future  years,  I  may  confidently  rely 
on  the  resources  of  our  own  country,  and  on  our  own  manufacturers,  for  every  article  of  clothing  required  for  the 
army,  with  the  exception  of  blankets,  and  they  are  excepted  for  the  present  year  only. 

It  is  true  that  the  prices  of  articles,  manufactured  from  loool  and  cotton,  have  increased;  and  that  the  average 
prices  of  the  year  1814  will  exceed  those  of  1813.  Yet,  inasmuch  as  the  money  paid  for  the  goods  remains  in  this 
country,  and  is  circulated  among  our  own  citizens,  this  advantage  is  considered  by  me  as  a  full  equivalent  for  a 
moderate  advance  on  domestic  goods — even  if  the  prices  should  exceed  that  paid  for  those  that  have  been  imported; 
and  the  article  is  uniformly  more  durable  than  the  like  article  imported,  and,  taking  the  circumstance  into  view, 
the  American  article  is.  in  reality,  less  expensive  than  the  foreign. 

British  woollens  have  advancecl  in  price  fully  in  proportion  to  the  enhanced  price  of  wool,  in  this  country.  Fo- 
reign cloths,  of  proper  quality  for  coats,  cannot  now  be  purchased  at  a  price  less  than  $3  50  per  yard;  and  three 
point  blankets,  at  $4  50  to  $5  each. 

If  it  could  be  made  to  comport  with  the  views  of  Congress,  to  appropriate  moneys  for  providing  for  the  wants 
of  the  army,  one  year  before  hand;  for  instance,  to  make  the  appropriation  for  1815  during  the  present  session,  or 
even  to  appropriate  (say  500,000dol!ars)  for  the  supplies  of  next  year,  the  money  could  be  profitably  applied  in  the 
purchase  of  blankets,  woollen  and  cotton  goods.  It  would  give  the  purchasing  oflicer  an  advantage  in  the  market, 
which  late  and  limited  appropriations  never  afford. 

All  which  is  respectfully  submitted  to  the  consideration  of  the  Secretary  of  War. 

CALLENDER  IRVINE,  Commissary  General  of  Purchases. 
General  John  Armstrong,  Secretary  of  War. 

No.  1. 

Statement  of  materials  for  Clothing,  pur  chasedby  the  Commissary  General's  JJepartment,  during  the  year  1813,  bei7ig 
of  domestic  origin,  and  manufactured  from  ivool,  within  the  United  States. 


Uses  to  wliich  the  articles 

Average 

,,-.., 

ARTICLES    PURCHASED. 

purchased  are  to  be  applied. 

prices. 

REMARKS. 

59,958 

yards  6-4  cloths,  blue. 

For  coats. 

$2  88 

Per  yard. 

2,558 

do.             do.      scarlet. 

music  do. 

5  00 

Do. 

168,821 

do.    3-4  wool  kersey. 

vests  and  overalls. . 

1   00 

Do. 

19,577 

do.           flannel. 

shirts. 

53 

Do. 

5,393 

do.            serge. 

facings. 

53 

Do. 

28,459 

felt  caps,      .               .               . 

infantry. 

■      •      87 

Each. 

5.902 

do.             ...               . 

artillery. 

1   00 

Each. 

53,797 

plumes.          .... 

troops  generally,    . 

22i 

Each. 

1.7.52 

groce  binding. 

coats, 

1    l^i 

Per  groce. 

10,800 

worsted  cord. 

do. 

75 

Per  hundred  yards. 

1,825 

bucktail  plumes. 

infantry, 

33 

Each. 

6,141 

jompons,       .... 
)lan  cets,       .... 

troops  generally,     . 

28 

Each. 

7,705 

do. 

3   15 

Each. 

24,100 

knit  socks,  pairs. 

do. 

18 

Per  pair. 

183,170 

stockings,     do. 

list  socks,    do.            . 

do. 

491 

Do. 

2,500 

do. 

75 

Do. 

132 

pieces  of  flannel. 

shirts, 

28  32 

Per  piece. 

315 

yards  of  flushing. 

watch  coats. 

2  50 

Per  yard. 

Commissary  General's  Office,  Philadelphia,  January  29,  1814. 

CALLENDER  IRVINE. 
■  '  .      .,         ,  Commissary  General  of  Purchases. 

General  John  Armstrong,  Secretary  of  War. 

No.  2. 

Statement  of  materials  for  Clothing,  purchased  by  the  Commissai-y  GeneraVs  Department,  during  the  year  1813, 
being  of  domestic  origin,  and  manufactured  from  cotton,  within  the  United  States. 


ARTICLES  purchased. 

Uses  to  which  the  articles 
are  applied. 

Average 
prices. 

REMARKS. 

267,044  yards  cotton  drilling, 

813,684  yards  cotton  shirting,            -            .            - 
8,271  pounds  cotton  thread, 

77,750  yards  cotton  cord,     -            -            -            - 
8,054  cotton  epaulettes, 
38,099  cotton  bands  and  tassels, 
8,280  yards  cotton  fringe. 

Overalls  &  round  jackets, 
For  shirts, 

sewing, 

coats, 

serg'ts  &  corporals, 

hats, 

rifle  clothing, 

33|| 

32i 

$1  33 

60 

291 

Si 

5 

Per  yard . 

Do. 
Per  pound. 
Per  hundred  yards. 
Each. 
Each. 
Per  yard. 

Commissary  General's  Office,  Philadelphia,  January  29,  1814. 

CALLENDER  IRVINE, 

Commissary  General  qf  Purchases. 
General  John  Armstrong,  5'ecre/arj/ <j/"  ff'ar.     ^"  •  -■ 


1814.] 


ARTICLES   USED    IN    CLOTHING    THE    .\RMV    AND    NAVY. 


817 


No.  3. 

Statement  of  artiden  purchased  by  the  Commissary  Generates  Department,  dming  the  year  1813;  being  of  domes- 
tic origin,  and  manufactured  from  leather,  metal,  tow  ^-c,  loithin  the  United  States. 


ARTICLES  PItRCIlASF.D.                 ' 

Uses  to  whicli  tlie  articles 
are  applied. 

Average 
prices. 

Remarks, 

22,031    groce  of  buttons,           .                .                . 
33,395       do.             do.                  - 
253,965     pairs         shoes. 
2,386      do.            boots, 
18,517  leather  caps, 
110,380  yards  brown  linen. 
46,649     do.       tow       do.             - 
70,041    plates,  brass  and  white  metal, 
88,875  leather  stocks, 
32  pair  silk  tassels, 

30  yards  do.  fringe,             .                .                _ 
1,180  leather  caps, 

655  groce  of  buttons,            -               .               . 
66,015  cockades  and  eagles.      - 

For  vests, 
coats, 

troops  generally,     - 
dragoons, 
infantry, 
sleeve  linings,  &c. 

ditto, 
caps,     - 

troops  generally,     - 
dragoons,  musicians, 

ditto, 
dragoons, 
dragoon's  clothing, 
troops  generally. 

43 

87 

$1   02 

5  55 

1  69 
36 
18 
15 
\\h 

2  50 
50 

2  59 

1   00 

8 

Per  groce. 
do. 
pair, 
do. 
each, 
per  yard, 
do. 
each, 
do. 
do. 
per  yard, 
each, 
per  groce. 
each. 

Commissary  General's  Offick,  Philadelphia,  Jamtary  29,   1814. 

CALLENDER  IRVINE.  Commissary  General  of  Purchases. 
General  John  Armstrong,  Secretary  of  JJ  ar. 


No.  4. 

Statement  of  the  materials  for  Clothing,  purchased  by  the  Commissary  General's  Department, during  the  year  1813, 
being  of  foreign  origin,  and  manufactured  from  tvool,  imported  into  the  United  States- 


Uses  to  which  the  articles 

Average 
prices. 

.- 

ARTICLES  PURCHASED. 

are  applied. 

Remarks. 

62,041 

yards  6-4  cloth 

For  coats. 

$3  04 

Per  yard. 

15,141 

do.              do.            _                -                . 

overalls. 

2  58 

do. 

24,787 

point  blankets. 

troops  generally,    - 

3  05 

each. 

603 

wrapping  do. 

do. 

2  76 

do. 

382 

pieces    duffil,             .               -               . 

do. 

56  00 

per  piece. 

1696 

yards  flushing. 

watch  coats. 

2  00 

yard. 

4,350 

do.     coating. 

do. 

1   58 

do. 

7,965 

do.     lion  skin,          -               .               . 

do. 

1    65 

do. 

11,480 

do.    bocking  baize. 

socks. 

1    19 

do. 

5,040 

do.     6  4    kersey,       -                -                - 

overalls. 

2  00 

do. 

1,480 

do.     3-4      do. 

do. 

95 

do. 

9,060 

do.     fearnought. 

watch  coats. 

1   85 

do. 

1,394 

rose  blankets. 

troops  generally.    - 

6  00 

each. 

211 

yards  kerseymere. 

- 

2  30 

per  yard. 

11 

pieces  bomba'/.ette,     - 

facing  coats  &  lining, 

25  00 

piece. 

1,269 

yards  serge, 

do. 

70 

per  yard. 

1,264 

do.     flannel. 

shirts,     - 

24  31 

per  piece. 

34,261 

do.        do. 

do. 

70 

yard. 

282 

pieces  baize,              -               -               . 

socks. 

31   00 

piece. 

233 

do.     bocking  baize, 

backs  ot  vests. 

25  00 

do. 

1 

do.    jersey  stripe,    - 

do. 

25  00 

do. 

62 

yards  7-8  cloth,         .                .                - 

facing,     - 

4  22 

yard. 

.53 

do.  white  kerseymere,. 

drag,  music,  clothing. 

2  82 

do. 

56 

do.  6-4  scarlet  cloth. 

facing  coats. 

4  36 

do. 

3,841 

pairs  stockings. 

troops  generally,    - 

70 

per  pair. 

Commissary  General's  Office,  Philadelphia.  January  29,   1814. 

CALLENDER  IRVINE. 
Com,missary  General  of  Purchases. 
General  John  Armstrong.  Secretary  of  JVur. 


818 


FINANCE. 


[1814. 


'  No.  5. 

Slaltmmt  of  materials  for  Clothing,  purchased  by  the  Commissary  General' s  Department,  during  the  year  1813; 
being  of  foreign  origin  and  imported  into  the  United  States, manufactured  from  cotton,  flax,  ^-c. 


ARTICLES    PURCHASED. 

Uses  to  which  the  articles 
are  applied. 

Average 
prices. 

Remarks. 

7,295    yards  brown  linen, 
108.799    ells  osnaburg, 

11,895     do.     ticklenburg,        -               -        '        - 
7,065    yards  muslin,     "          -               -               - 
43      do.     dowlass, 
66    pieces  Russia  drilling, 
2,156    pounds  thread,             .               .               _ 
210    doz.  pieces  tapes.         -               .               . 
1.273     pieces  muslin, 
535      do.     platillas.             -               -             •- 
81      do.    rowans.               -               .               _ 
241      do.     creas,                  -               .               _ 
228     do.    brittanias,           - 
827      do.     Russia  sheeting, 

For  sleeve  lining,  &c.    - 
fatigue  clothing, 

do. 
shirts. 

do. 
fatigue  clothing, 
making  clothing, 
infantry  coats." 
shirts, 

do. 

do. 

do. 

do. 
sheets,      - 

40i 

27 

48 

41 

50 

$17  00 

1  66 

1   75 

4  25 

16  00 

33  00 

33  00 

4  25 

23  33 

Per  yard, 
ell. 

do. 
yard. 

do. 
piece, 
pound, 
dozen, 
piece. 

do. 

do. 

do. 

do. 

do. 

Commissary  General's  Office,  Philadelphia,  Januury  29.  1814. 

CALLENDER  IRVINE, 

Commissary  General  of  Purchase 
Geserai.  John  Armstrong.  A'ecre^rtry  q/" //'flr. 


Estimate  of  the  rjuantity  of  materials,  ^-c.  necessary  to  be  provided  for  54.162  complete  suits  of  Clothing  for  the 

United  States''  Army,  for  the  year  1814. 


^ 

X 

^ 

1 

^ 

1. 

'~, 

i^ 

M  . 

-f 

^ 

CS 

— 

r- 

0) 

•^ 

a 

t£ 

.5  — 

•- 

1— 1 

^ 

— 

bf 

x: 

""* 

r-  'jr. 

—  ~— 

X 

^^ 

< 

^ 

K 

c 

j£ 

— 

■-2 

— ■  ^ 

.5 



0-£ 

5  'Z 

3 

a) 

mi. 

C/  Si; 

a) 

1^ 

errs 
«-< 

f  i 

1-^  — 

a- 
X 

X  ,— 

£ 

« 

c4 

■r_r^ 

=  .o 

£ 

a. 

iT 

£ 

i" 

\ 

>• 

>• 

r" 

r^ 

i>- 

^.^ 

^ 

h-^ 

1-^ 

7G0 

<- 

— 

a. 

Materials.  &c. 
required, 

81,243 

40,022 

324,972 

324,972 

589,944 

45,900 

1,602 

5.120 

780 

162,486 

213,444 

3.20! 

Materials,  &.C.7 
required,       3 


CC 

-14 

u 

^ 

-^ 

X 

CO 

o 

-^ 

r 

r 

0. 

^ 

rs 

r; 

ps. 

;^ 

r/) 

X 

-3 

-O 

cs 

tS 

>■ 

>< 

17,387 

60,00(t 

C/l' 


104,324 


1. 

— 

J. 

•^ 

, 

<^ 

t: 

X 

wc 

o 

^ 

rt 

IX 

;.^  f- 

w: 

fci^ 

"i 

^^ 

^ 

^ 

■}. 

a: 

/ 

-^ 

c: 

-14 

.^5 

X 

Cu 

_i4 

^ 

c; 

a. 

t. 

^ 

S 

;^ 

o 

CI 

*v^ 

H^ 

O 

p«- 

3h 

»^^ 

- 

54,162 

54,162 

51.162 

19,425 

54,162 

54,162 

51,162 

a. 


6,300 


Trimmings  tor  51,800  pair  black 
Cloth  Gaiters. 

Trimmings    for  49,500  Suits  of  Infantry 
Clothing. 

For  backs   and 
linings  of  In- 
fantiy  Vests. 

Yards  Linen. 

'3 
r. 

J. 

c 

P 

Leather  Straps. 

Yards  Muslin. 

Yards  Linen. 

Yards  Tape. 

r. 

p 

'C 

X 

'3 

a; 

U 
I, 

X 

>> 

X 

-J. 

Materials.  &c.7 
required.       5 

12,950 

155.400 

10,971 

103,600 

86,063 

22,949 

160,650 

18,168 

642,600 

22,950 

34,425 

1814.]  ARTICLES    USED    IN    CLOTHING    THE    ARMY    AND    NAVY. 


819 


Estimate   continued. 


Trimmings  for  780  Suits  of  Li^ht  Artillery 
Clothing. 


laterials,  iScc. 
i-cquired, 


I     1.170 


390 


390 


8,580 


2,730 


a 

o 

l"^^ 

nH 

tn 

'•^ 

.  ^ 

OJ 

X 

374 

11,700 

For backs and 
linings  of  L't 
Art'y  Vests- 


o  o 


390 


585 


Trimmings  for  700  Suits  of  Rifle 
Clothing. 


I, HO 


•175 


o 


1) 


1 1.GIO 


als.  S:c.7 
ired,       5 


Materials.  Sec. 
requin 


For  backs and 
linings  of  Ri- 
fle   Vests- 
woollen. 


o 

o 
o 


380 


t>C 


8,280 


Materials   for  760  Linen 
Vests,  for  Riliemen. 


bJD 

X 

.— 

.— 

C 

•    •* 

j: 

c 

;5s 

W 

r. 

■/} 

o 

■  ^ 

u 

— 

rj 

K- 

>" 

^^ 

1.110 

190 

IS 

c 
'S 


Trimmings  for  5,120  Suits   of  heavy  Artillery 


Clothing. 


1,520 


7,tJ80 


-p 

5 


2,560 


6X1 

3 


2,560 


56,320 


17,920 


c 

■3 


2,098 


92,160 


Materials,  &c.  ^ 
required,       3 


For  backs  and  lin- 
ing of  heavy  Ar-; 
tiUery  Vests,      j 


Trimmings  for  1,602  Suits  of  Light 
Dragoon  Clothing. 


O    Oj 


2.560 


^ 

c3 

i. 

s 

ii 

;"" 

^      . 

rj 

S  o 

^., 

Lj    " 

i< 

tn 

■y; 

-^ 

>" 

3,940 

2,103 

CQ 


16.020 


-3 

X 

X 

^ 

i) 

^ 

i^ 

«,« 

h— t 

X 

<v 

O 

Jji 

^ 

CC 

O 

28,035 

945 

400 


For  backs  and 
lining  of  Dra- 
goon Vests 


U 


3S 


800 


Trimmings  for  108,332 
pair  Linen  Overalls. 


1.200 


13,500 


379.134 


6.018 


Materials.  &c.  ^ 
required.       3 


Materials  for  2.807  Watch  Coats. 


Materials  for  1,602  Dragoon  Cloaks. 


15,439 


1.211 


VJ 

*.• 

^ 

J 

M 

y 

o 

SI 

ri 

o 

<* 

'—I 

1.211 

2,807 

22,456 


^ 

o 

q3 

i.' 

ajO 

^ 

o 

^ 

y,> 

X; 

rt 

rt 

!•■*■ 

r^ 

9,612 

2,000    ! 

1,603 


a: 


9,672 


HI 

1^ 


1,602 


The  above  estimate  comprehends  materials  to  clothe  54,162  men?  of  which   49,500  are  Infantry, 

1,602    "   Light  Dragoons, 
5.120    "•  heavy  Artillery, 
760    '•   Riflemen,  and 
780    "   Light  Artillery. 


Total.  54,162 


Commissary  General's  Office. 

Philadelphia,  January  29,  1814. 

CALLENDER  IRVINE.  Commissary  General  of  Pztrchases. 

General  John  Armstrong,  Secretary  of  War. 

Note.  In  addition  to  the  above,  1  am  directed  to  provide  1.500  blankets,  3,000  bed  sacks,  3,000  sheets,  and  2.450 
pillow  cases,  for  the  Hospital  Department;  and.  on  the  ichok  estimate,  10  per  cent,  should  be  added,  to  cover /os«e*. 
extra  issues,  &c,  &c. 


820 


FINANCE. 


[1814, 


Sir: 


Navy  Department,  January  12,  1814. 


In  conformity  with  the  resolution  of  the  Senate  on  the  3ci  instant,  I  have  now  the  honor  to  enclose  an  account 
of  the  blankets  and  other  woollen  goods  provided  for  the  navy  during  the  last  year,  as  far  as  it  can  be  ascertained 
from  the  accounts  rendered;  but  as  those  accounts  do  not  exhibit  the  quantity  remaining  on  hand,  and  as  the  con- 
sumption fluctuates  with  the  voluntary  demand  of  the  seamen,  the  account  now  rendered  may  be  considered  as  form- 
ing a  better  estimate  of  the  probable  demand  for  the  present  year,  than  any  data  now  in  the  Department;  to  this, 
however,  may  be  added  perhaps  twenty  per  cent,  with  a  view  to  the  contemplated  increase  ot  the  naval  force. 
I  am  very  respectfully,  your  obedient  servant, 

.    ,       ■...,.-       ■,_  W.JONES. 

The  President  ojtht  United  States.  ■      *  !     .' 


Sir: 


Navy  Department,  Accountant's  Office,  January  10,  1814. 


I  now  hand  you  a  statement  of  the  blankets  and  other  woollen  goods,  procured  for  the  navy  during  the  last 
year,  as  far  as  it  can  be  ascertained  from  the  accounts  rendered. 

I  have  the  honor  to  be,  very  respectfully,  your  obedient  servant,  i 

!  THO.  TURNER. 

The  Hon.  W.  Jones.  '  '     i 


Jin  account  of  the  blankets  and  other  ivoollen  goods  provided  for  the  Navy  during  the  last  year,  as  far  as  it  can  be 

ascertained  by  the  accounts  rendered  to  this  office. 


4,147 

blankets, 

1,213 

pea  coats. 

2,591 

flannel  shirts. 

7,825 

pairs  worsted  hose. 

3,023 

wool  hats. 

4,250 

cloth  jackets, 

5,582 

cloth  trowsers 

1.350 

pairs  flannel  drawers. 

2,550 

cloth  vests, 

913 

uniform  cloth  coats. 

555 

pairs  gaiters. 

955 

guernsey  frocks. 

6, 4921 

yards  flannel. 

3,515 

yards  blue  cloth. 

1,092| 

yards  black  ditto, 

208;! 

yards  red      do. 

3 

yard  green    do. 

l,079i 

yards  plains, 

300 

yards  blue  baize, 

45^ 

yards  green  do. 

200 

yards  scarlet  cloth. 

28 

yards  white     do. 

2,082| 

yards  wild  boar, 

3,309| 

yards  coating. 

1.1191  yards  kersey. 

20 

yards  scarlet  moreens, 

21 

yards  fringe, 

6 

groce  yellow  binding, 

15 

yards  red           do. 

36 

yards  quality     do. 

3 

green  cloth  table  covers, 
flannel  cartridges. 

3,650 

40  blankets, 

3,504  yard?  blue  cloth, 

718f  yards  black  do. 

1,0795  yards  plains, 

300  yards  blue  baize, 

200  yards  scarlet  cloth, 

28  yards  white    do. 


$12,645  04 

9,912 

54 

5,884 

75 

5,144 

17 

3,117 

20 

24,237 

90 

21,029 

55 

1,853 

50 

6,350 

00 

7,266 

50 

796 

50 

2,154 

25 

10,451 

17 

4,671 

97 

2,662 

56 

938 

25 

6 

75 

1,355 

86 

337 

49 

43 

13 

475 

00 

31 

50 

1,041 

38 

4,942 

79 

1,601 

38 

19 

00 

10 

50 

9 

60 

60 

1 

44 

39 

00 

456 

50 

129,487 

77 

130 

00 

4,639 

17 

1,257 

81 

1,355 

86 

337 

49 

475 

00 

31 

50 

$8,226  83 

Navy  Department,  ./3ccoim<art<s'  Office,  Januarys,  1814. 


THO.  TURNER,  Accountant. 


1814.]  THE    SINKING    FUND.  821 


I3th  Congress.]  ^q^    411.  [2d  Session. 

SINKING   FUND. 

COMMUNICATED    TO    THE    SENATE,    FEBRUARY    7,    1814. 

The  Commissioners  of  the  Sinking  Fund  respectfully  report  to  Congress  as  follows: 
That  the  measures  which  have  been  autliorized  by  tlie  Hoard,  subsequent  to  their  last  repf)rt,  of  the  6th  of  Febru- 
ary, 1813,  so  far  as  the  same  have  been  completed, "are  fully  detailed   in  the  report  of  the  acting  Secretary  of  the 
Treasury  to  this  Board,  dated  the  fourth  day  of  the  present  month,  and  in  the  statements  therein  referred  to,  which 
are  herewith  transmitted,  and  prayed  to  be  received  as  part  of  this  report. 

E.  GKRRY. 
JAS.  MONROE. 

W.  JONES,  deling  Secretary  of  the  Treanury. 
Washington,  February  5th,  1814. 

The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

That  the  balance  of  moneys  advanced  on  account  of  tlie  public  debt,  remaining  unexpended  at  the  close  of  the 
year  1811,  and  applicable  to  payments  tailing  due  after  that  year,  which  balance,  as  appears  by  the  statement  B, 
annexed  to  the  last  annual  report,  amounted  to  five  hundred  and  two  thousand  five  hundred  anil  thirteen  dol- 
lars eighty-five  cents,  -  -  -  -  -  -  -  -  $503,513  85 

Together  with  sums  disbursed  from  the  treasury  during  the  year  1812,  on  account  of  the  principal 
and  interest  of  the  public  debt,  which  sums,  as  appears  by  the  statement  C,  annexed  to  the  last 
annual  report,  amounted  to  four  millions  four  hundred  and  seventy-four  tho'usand  five  hundred 
and  fifty-eight  dollars  nineteen  cents,  .......  4,474,558  19 

Together  with  a  further  sum  arising  from  profit  in  exchange  on  remittances  from  America  to 
Europe,  during  the  year  1812.  amounting,  as  appears  by  the  statement  D,  annexed  to  the  last 
annual  report,  to  ninety-one  thousand  five  hundred  and  thirty-two  dollars  eighty-eight  cents,  91,532  88 

And  with  a  further  sum,  being  the  difference  between  the  principal  of  stock  purchased  during  the 
year  1812,  and  the  money  paid  for  the  same,  of  three  thousand  one  hundred  and  two  dollars 
eighty -one  cents,  ---.....  3,102  81 


And  amounting,  together,  to  five  millions  and  seventy-one  thousand  seven  hundred  and  seven 

dollars  seventy-three  cents,  --.-...       $5,071,707  73 


Have  been  accounted  for  in  the  following  manner,  viz: 

I.  There  was  repaid  into  the  treasury,  during  the  year  1812,  on  account  of  the  principal  of  moneys 
heretofore  advanced  for  the  payment  of  the  public  debt,  as  appears  by  the  statement  E,  an- 
nexed to  the  last  annual  report,  the  sum  of  twenty-four  thousand  nine  hundred  and  twenty- 
seven  dollars  thirty  cents,  -  -  -  -  -  -  -  $24,927  30 

II.  The  sums  actually  applied  during  the  same  year  to  the  payment  of  the  principal  and  interest 
of  the  public  debt,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department,  amounted, 
as  will  appear  by  the  annexed  statement  A,  to  four  millions  seven  hundred  and  ten  thousand 
nine  hundred  and  fifty-four  dollars  tiiirty-nine  cents,  viz: 

1.  Paid  in  reimbursement  of  the  principal  of  the  public  debt,  -  -  $2,259,681  82 

2.  Paid  on  account  of  the  interest  and  charges  on  the  same,  -  •  2,451,272  57 


4.710,954  39 


III.  The  balance  remaining  unexpended,  at  the  close  of  the  year  1812,  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 
amounted,  as  will  appear  by  the  annexed  statement  B,  to  three  hundred  and  thirty-five  thou- 
sand eight  hundred  and  twenty-six  dollars  four  cents,  .....  335,826  04 


$5,071,707  73 


That,  during  the  year  1813,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  prin- 
cipal and  interest  of  the  public  debt,  viz: 

i.  On  account  of  the  interest  and  reimbursement  of  the  domestic  funded  debt,  -                -       $4,713,421  61 

II.  On  account  of  the  unfunded  registered  debt,                   .                -                -  .                .                     29  28 

III.  On  account  of  the  principal  and  interest  of  temporary  loans,  viz: 

Payment  of  interest,          .                .                „                .                .                .  127,067  10 

Reimbursement  of  principal,            -                .                .                .                .  1,350,000  00 


1,477,067  10 


$6,190,517  99 

IV.  On  account  of  principal  and  interest  of  treasury  notes.  -  -  -  -         4,239,925  80 

V.  On  account  of  the  interest  on  Louisiana  stock  and  converted  stock  payable  in  Europe,  -  679,673  64 


Amounting,  together,  as  will  appear  by  the  annexed  list  of  warrants,  marked  C,to  eleven  millions 

one  hundred  and  ten  thousand  one  hundred  and  seventeen  dollars  tbrty-three  cents,  -     $11,110,117  43 


Which  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  balance  of  the  appropriation  of  eight  millions  of  dollars  for  the  year  1812,  remaining 
unexpended  at  the    end  of  that  year,  which  balance  amounted,  as  stated  in  the  last  annual 

report,  to  -  -  -  -..-..".  "  ,  "  "  3,550,369  11 

II.  From  the  funds  constituting  the  annual  appropriation  of  eight  millions  of  dollars  for  the  year 
1813,  viz: 

From  the  fund  arising  from  the  interest  on  the  debt  transferred  to  the  Commissioners  of  the 
Sinking  Fund,  as  per  statement  I,  -  -  ••  -  $1,932,107  92 

From  the  fund  arising  from  tiie  sales  of  public  lands,  being  the  amount  received 
into  the  treasury  from  the  1st  October,  1812,  to  the  30th  September,  1813, 
per  statement  K,  -  -  -  -  .     -_  -  830,671  53 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported,  and 

on  the  tonnage  of  vessels,  ....  -  4,794,96644 

Amounting,  together,  to  -  -  -  -  7,557,745  89 

104  tt 


oqo  FINANCE,  [1814, 


o,i^ 


Which  sum  of    -  -  -  -  "  -  -  $7,557,745  89 

Being  deducted  IVom  the  annual  appropriation  of         -  -  -  8,000,000  00 

Leaves  an  unexpended  balance  to  be  applied,  in  addition  to  the  appropriation  for 

that  year,  of  -  •  .  -  -  -  $442.254  11 

HI.  From  repayments  into  the  treasury,  on  account  of  moneys  heretofore  advanced  for  the  pay- 
ment of  dividends  on  the  domestic  funded  debt,  as  will  appear  by  the  annexed  statement  E,  2,003  43 

That  the  above  mentioneil  clisbursements,  together  with  the  balance  above  stated,  which  remained 

unexpended  at  the  close  of  the  year  1812,  of  -  -  -  -  -  -  335,826  04 

Together  with  a  further  sum  arising  from  profit  on  remittances  from  America  to  Europe,  pur- 
chased during  the  year  1813,  and  amounting,  as  appears  by  the  annexed  statement  D,  to  -  98,452  06 

And  with  a  further  sum,  being  the  difference  between  the  principal  of  stock  purchased  during  the 
vear  1813,  and  the  money  paid  for  the  same,  amounting,  as  appears  by  the  annexed  statement 
L,  to     -  -  -  -  -  -  -  -  -  -  1,902  34 

Making,  together,  eleven  millions  five  hundred  and  forty-six  thousand  two  hundred  and  ninety- 
seven  dollars  eighty-seven  cents,        -------     $11,546,29787 

Will  be  accounted  for  in  tiie  next  animal  report,  in  conformity  with  the  accounts  which  shall  then  have  been 
rendered  to  the  Treasury  Department. 

Tiiat,  in  the  mean  time,  the  manner  in  which  the  said  sum  has  been  applied  is  estimated  as  follows,  viz: 

I.  The  repayments  into  the  treasury  on  account  of  the  principal  of  moneys  advanced  for  the  pay- 
ment of  dividends  on  the  domestic  funded  debt,  have  amounted,  during  the  year  1813,  as  by  the 

above  mentioned  statement  E,  to        -  -  -  -  -  -  2,002  4S 

II.  The  sums  actually  applied,  during  the  year  1813,  to  the  principal  and  interest  of  the  public 
debt,  are  estimated  as  follows: 

1.   Paid  in  reimbursement  of  the  principal  of  the  public  debt,       -  -  $7,177,550  24 

■2.  Paid  on  account  of  interest  and  charges  on  the  public  debt,     -  -  3,510,054  07 


As  will  appear  by  the  annexed  estimate  F,  -  -  -       10,687,604  91 

856,690  53 


-A&   Will  U]JJJt:ai    u_v    l-ll^  uiiiicAcvi  U3iiiiiat.c   4-, 

in.  The  balance  which  remained  unexpended  at  the  close  of  the  year  1813,  and  applicable  to  pay 
ments  falling  due  after  that  year,  is  estimated,  per  annexed  estimate  G,  at 


11,546,297  87 


Tliat,  in  conformity  with,  the  resulution  of  the  Commissioners  of  the  Sinking  Fund,  of  the  6th  of  July,  1812,  a 
copy  of  which  was  annexed  to  the  last  annual  report,  purchases  of  Louisiana  stock  and  six  per  cent,  stock  of  1813 
were  continued  in  the  year  1813,  and  $147,200  of  the  former  and  $267,200  of  the  latter  were  purchased  for 
$112,497  66,  the  particulars  of  which  purchases  are  exiiibited  in  the  annexed  statement,  marked  L. 

That,  agreeably  to  the  terms  of  the  contracts  by  which  certain  temporary  loans  had  been  obtained  in  the  year 
1812,  under  the  law  autliorizing  the  loan  for  a  sum  not  exceeding  eleven  millions  of  dollars,  sucii  instalments  of 
those  loans  as  fell  due  in  the  year  1813,  were  duly  discharged  at  the  times  when  they  respectively  became  payable. 
These  instalments  amounted  lo  $1,350,000,  and  are  shown  in  detail  in  tlie  annexed  statement,  marked  M. 

That,  dining  the  year  1813,  and  in  the  months  of  January  and  February,  1814,  treasury  notes  amounting  to 
$4,022,700,  became  payable,  and,  together  with  the  interest  thereon,  were  paid  on  moneys  advanced  for  their  pay- 
ment at  the  several  days  on  which  they  fell  due.  The  annexed  statement,  N,  shows  the  times  when,  and  the  {)laces 
at  which,  these  notes  were  payable. 

And  that  the  annexed  statement,  marked  H,  exhibits  the  amount  of  stock  transferred  to  the  Commissioners  of 
the  Sinking  Fund  afid  to  the  Treasurer  of  tlie  United  States,  in  trust  for  said  States,  and  standing  on  the  books  of 
the  treasury  to  their  credit,  on  the  31st  December,  1813. 

All  whicii  is  respectfully  submitted. 

W.  JONES,  .Acting  Secretary  of  the  Treasury. 
Treasury  Department,  Febnnny  -ith,  1814. 


A. 

Statement  of  the  appUcul'wn,  during  the  year  1812,  of  the  funds  provided  for  tlie  payment  of  the  principal  and 

interest  of  the  Public  Debt. 

I.  Payments  on  account  of  the  prineipcd  of  the  Public  Debt: 

Of  the  domestic  debt- 
Annual  reimbursement  of  ttie  old  six  per  cent- stock,        -        -        -     $1,047,195  68 
Do.  of  deferred  do.  -        -        -        ■■  398,851  63 

1,446,047  31 

Reimbursement  of  tlie  residue  of  converted  stock,  ------  565,318  41 

of  tlie  registered  debt,  including'  arrearages  of  interest,  921,73 

of  debts  due  to  foreign  officers,  including     do.  -  1,444  17 


2,365  90 


245,950  20 


Stocks  purchased  by  the  commissioners  of  tiie  sinking  fund,  per  state- 
ment L,  annexed  to  the  last  annual  report,  viz: 
Louisiana  domestic  six  per  cent,  stock,  .  -  .  -  179,300  00 

Six  per  cent,  stock  of  1812,  -  -  -  -  -  57,000  00 

Deferred  six  per  cent,  stock,  nominal  amount,  $14,000         -  -  9.650  20 

II.  On  account  of  interest  and  charges. 
1.  On  the  domestic  debt. 

Interest  for  the  year  1812  on  the  several  species  of  funded  debt,  as  settled  at  the 

treasury,  -  -  -  _         -  -  -  -  -  -  1,688,290  38 

Do.  on  Louisiana  stock  domesticated,       -  -  -  105,237  00 

3.  On  the  foreign  debt. 

Interest  on  converted  stock,  payable  in  Amsterdam, 

guilders  1,558  14  8,   at  40  cents,         -  -  -  623  49 

Do^  on  London,  £2,252  7  11,  at  4.s.  Gd.  -  -      10,010  66 

10,634  1 


2,259,681  82 


1814.]  thp:  sinking  fund. 


823 


Interest  on  Louisiana  stock,  from  1st  Jul}-  1811,  to  June  SOtli,  1312,  viz.: 
Payable  in  Amsterdam,  guilders  750,000,  at  40  cents,  300,000 

Do.     in  London,  i370,827  1  G,  at  4s.  Gd.  314,787 

Commissions  and  charges,  viz: 
Amsterdam,  guilders  4,518  15  8,  at  40  cents,  -  1,807  51 

liondon,  £935  13  6,  at  4a'.  6(/.  -  -  -  4,158  55 


014,787  00 


5,9Gf)  06 


Loss  on  exchange  in  drawing  275,000  guilders  from  Lon- 
don to  Amsterdam,  cost  £30,445  13  C),  -  -  25  814   11 


656,701   32 
Commissions  to  agents  in  America  lor  purchasing  bills,  -  -  1,043  87 


657,745   19 

2,451.272  57 

$4,710,954  39 


Treaslrv  Dkpautment,  Pcg-ixter's  Office,  February  2,  1814. 


JOSEPH  NOURSE,  Register. 


R. 

Statement  of  the  provision,  made  before  the  1st  of  January,  1813.  for  the  paymrnf  of  the  principal  and  interest  of 

the  Public  IJebt,falHng  due  after  that  day. 

I.  On  account  of  the  Foreign  Debt. 

1-  Cash  in  the  hands  of  commissioners  and  agents  in  Europe,  viz: 
In  London,  on  31st  December.  1812,  •  -  £52,899  8  10.  at  4.v.  6ff.  $235,108  63 

In  Amsterdam  on  the  same  day.  guilders,  -  385,646  10 

Deduct  amount  of  moneys  received  by  tlie  commissioners 

before  1st  January,  1813.  but  not  paid  for  at  treasury 

till  after  that  day,  -----         18,322 


G.367.324  10.  at  40  cents. 


2.  Remittances  outstanding,  viz: 

Amount  paid  for  at  the  treasury,  and  remitted  to  Am- 
sterdam before  1st  January,  1813,  but  not  received  by 
the  agents  till  after  that  day,  guilders  -  215.505  10,  at  10  cents. 


3.  Amount  ot  payments  made  at  the  treasury,  before  tlie  1st  of  January.  1813,  for 
bills'wiiicli  liave  been  protested  for  non-payment,  and  which,  on  that  day.  had 
not  been  repaid  into  the  treasury,  viz: 

Amount  outstanding  previous  to   the  year  1809.  as  ex- 
plained in  report  of  February  3,  1809,  -  -        $13,357  00 

Amount  outstanding  of  bills  purchased  in    1810,  as  ex- 
plained in  report  of  February  5.  1813.  -  -  8,888  88 


146,929  80 

86,202  20 
468.240  63 


22.245  88 


490  486    51 


1,480,988  34 


II.  Deduct  amount,  slvirt  provided,  on  account  of  the  Domestic  Debt,  aafo/lows: 

Tlie  demands  unsatished  on  the  1st  January,  1813,  were  as  follows,  viz: 

1.  Dividends  payable  by  commissioners  oi  loans,  including  the 
dividends  due  on  that  day.  an.d  exclusive  of  dividends  no  longer 
ilemandable  at  their  offices,  -  -  -  _  .      $1,182,597  37 

2.  Dividends  on  stock  standing  on  treasury  books,  beyond  the 
amount  advanced  to  the  cashiers  for  their  payment.  -  -  63,616  70 

3.  Unclaimed  tlividends  from  the  loan  offices,  payable  at  the  trea- 
sury, beyond  the  amount  advanced  to  the  cashiers  for  their  pay- 
ment, 034.774  18 

The  provision  nuide  for  the  above  objects,  was  as  follows,  viz: 

1.  Cash  due  from  commissioners  ol  loans,  deceased  and  out  of  office.  9,061  85 

2.  Cash  in  the  hands  <tf  commissioners  of  loans,  in  office,  1,232,695  18 

3.  Cash  in  the  hanils  of  the  treasurer,  as  agent  of  the  commissioners 

of  the  sinking  fund,  -  -  -  -       .    .-  -  60,539  23 

4.  Undraw  n  dividend  on  stock  belonging  to  the  commissioners  of 

the  sinking  fund,  not  received  by  the  treasurer  till  1813,  210  00 

5.  Cash  heretofore  advanced  to  a  commissioner  ol'  loans,  no  longer 
in  office,  for  the  reimbursement  of  exchanged  stock,  and  remain- 
ing unapplied.  ------  3.821  61 

1,326.327  87 

Leaving  this  sum  short  provided   on  the  1st  January.  1813.  to  meet  all  payments  on  account  of  the 

domestic  debt.  .-------.-.        154.660  4" 


Total  amount  of  provision  for  the  public  debt,  remaining  unapplied  on  the  31st  December,  1812,  $335,826  04 

Treasury  Department,  Begister's  Office.  February  3,  1814. 


JOSEPH  NOURSE.  Register. 


824 


FINANCE. 


[1814. 


List  of  Warrants  drawn  according  to  law,  during  theyear  1813,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  Interest  on  Louisiana  Stock. 


Warrants. 

In  whose  favor. 

Amount. 

Number. 

Date. 

Dollars.     Cts. 

5533 
5928 
5929 
5946 
5947 
6063 
6258 
6317 
6318 
6347 
6348 
6365 
6366 
6372 
6373 
6663 
6664 
6665 
6666 
6667 
6668 
6678 
6679 
6689 

January    11,       1813, 
April         28,          " 

44                       4  4                      44 

May            6,          " 

(,(,                       *i                       ii» 

June         26, 
August      4,           " 
26, 

4t                          i<,                         6W 

Septr.        16, 

44                       44                       44 

"             21, 

bC                       fc*                      bb 

23, 

ki                          i.1,                         ic 

Deer.        21, 

44                       44                      44 
44                       44                       44 
44                       44                       44 

44                                     4»                                      4  4 

4.                      44                       44 

"             23, 

44                       14                       4< 

30,          " 

Charles  E.  Dudley, 
Jonathan  Smith, 

Do.        do.     - 
Samuel  Flewelling,            .               _               . 

Do.           do. 
Return  Strong,    -               -               -               - 
Christopher  Fowler  and  Audley  Clarke, 
James  Cox,          ...                - 

Do.        do.      - 
Jonathan  Smith, 

Do.        do.     -               -               -               - 
Mintern  and  Champlin,     - 
Christian  Breithaupt,          ... 
Samuel  Flewelling,             ... 

Do.           do.                ... 
Jonathan  Smitli,                  ... 

Do.        do.     - 
Samuel  Flewelling, 

Do.            do.                 ... 
James  Cox,          .... 

Do.        do.     - 
John  P.  Clark, 

Do.        do.     -               - 
Mintern  and  (Jhamplin,      ... 

6,836  74 

58,000  00 

145  00 

71,777  77 

179  44 

20,500  00 

3,371  81 

26,444  44 

66   11 

150,943  54 

377  36 

481  78 

1,292  73 

49,555  55 

123  88 

116,666  67 

291   67 

78,133  32 

195  33 

48,611   10 

121   52 

39,054  45 

97  63 

6,405  80 

$679,673   74 

lacluded  in  the  foregoing  List  of  Warrants,  are  the  following,  for  commission  to  agents  ivho  purchased  the  bills. 


Warrants. 

In  whose  favor. 

Amount. 

Number. 

Date. 

Dollars.      Cts. 

5929 
5947 
6318 

6348 
6373 
6664 
6666 
6668 
6679 

April         28,       1813, 
May           6,          " 
August     26,          '•• 
Septr.       16,          " 

23, 
Deer.        21, 

bb                                       bb                                      !,<, 

23, 

Jonathan  Smith, 

Samuel  Flewelling,            ... 

James  Cox,          - 

Jonathan  Smitli,                  -                -                - 

Samuel  Flewelling, 

Jonathan  Smith, 

Samuel  Flewelling,            ... 

James  Cox,         .... 

John  P.  Clark, 

145  00 
179  44 

66  11 
377  36 
123  88 
291  67 
195  33 
121   .52 

97  63 

$1,597  94 

List  oflVarrants  draivn  according  to  law.  during  the  year  1813,  on  the  Treasurer  of  the  United  States,  on  account 

of  the  payment  of  certain  parts  of  the  domestic  debt . 


Warrants. 

In  whose  favor. 

Amount. 

Number. 

Date. 

Dollars     Cts. 

5529 
6028 

January      9,     1813, 
June         15,       " 

John  Jacob  Astor, 
Jonathan  Fisk, 

17  59 
11   69 

$29  28 

1814.] 


THE    SINKING    FUND. 


825 


List  of  Warrants  drawn  according  to  law.  during  the  year  1813.  on  the  Treasurer  of  the  United  States,  on  account 

of  tlic  Reimbursement  and  Interest  of  Domestic  Debt. 


Number    of 

- 

"1 ~~~ — ' " 

Warrants. 

Date. 

In  whose  favor. 

Amount. 

5597 

Feb. 

1-2, 

1813, 

Joiiiitlian  Sniitli, 

$372,898  91 

5719 

March 

19, 

'• 

Do.        <l(). 

39,598  75 

5737 

i^ 

21, 

bb 

Kdwar.l  Hall, 

35,000  00 

5743 

** 

27, 

b4 

Jonalliaii  Smitli. 

39,H53  59 

5744 

*  • 

bb 

4b 

William  Whaiin. 

34,297  86 

5745 

*• 

^* 

Tlioinas  T.  Tucker.     - 

2,243  38 

5960 

May 

la. 

4b 

Robert  Hiibersliain,      -                   -                   - 

3,000  00 

ti027 

June 

M, 

*• 

William  >Vhaiiii, 

60,000  0(1 

6039 

18, 

bb 

Robert  Habetsliam, 

1,500  00 

6040 

'•' 

4b 

^* 

Morton  A.  Waring, 

38,000  00 

6041 

bk 

bb 

b4 

Slierwdod  Haywood,    - 

1,500  00 

6042 

b( 

it 

44 

Thomas  Nelson. 

14,000  on 

6043 

fcb 

b( 

4b 

James  Ewin^,                 -                   -                   - 

3,.550  00 

6044 

bb 

44 

4b 

William  Few.                -                   -                   - 

260,000  00 

6045 

** 

bb 

bb 

Jonathan   Hull, 

u;,20o  00 

6046 

»  » 

4b 

4b 

Christopher  P^llery. 

7.000  00 

6047 

ii 

b  b 

44 

Benjamin  Austin,          -                   -                   - 

128,000  00 

6048 

bb 

44 

bb 

Wil  ium  Gardner, 

5,200  00 

6198 

July 

12, 

bb 

Do.        do.               - 

850  00 

6353 

Septr. 

17, 

4b 

Robert  Habersham, 

1,500  00 

6354 

bb 

44 

t  4 

Thomas  Lehre,              -                   -                   - 

34,000  00 

6355 

fa( 

44 

*^ 

Siierwoixi  Haywood. 

1,600  00 

6356 

4b 

b  b 

b4 

Thomas  Nelson, 

12,000  00 

6357 

4b 

b  b 

4b 

James  Kwing, 

3.500  00 

6358 

4b 

bb 

b4 

William  Few, 

330,000  00 

6359 

4b 

4b 

b4 

Jonathan  Hull, 

17,000  00 

6360 

bb 

bb 

4b 

Christophey  Ellery,      -                   .                  - 

9,000  00 

6361 

•* 

^* 

b   b 

Benjamin  Austin, 

145,000  00 

6362 

bb 

b4 

** 

William  Garilner, 

7,000  00 

6374 

*' 

23, 

bb 

Edward  Hall, 

60,789  88 

6375 

b  b 

bb 

4b 

William  White, 

266,559  79 

$1,950,642    16 

5674 

Marcli 

B, 

•  < 

T.T.Tucker,  stock  purchased.  &c. 

$480,517  03 

6059 

June 

34. 

bb 

Do.         do.             do.         do.          183,733  43 

6683 

Deer. 

•27, 

■b 

Do.         do.             do.         (III.         967,826  86 

1,932,107  92 
830,671   53 

6659 

20, 

•  b 

Do.     do.   sales  of  public  lands, 

$4,713,421   61 

List  of  Warrants  drawn  according  to  laiv.  during  the  year  1813,  on  the  Trcasurp-  of  the  United  States,  on  accotint 

of  the  payment  of  interest  on  temporary  loans. 


Number  of 

Warrants. 

Date, 

In  whose  favor. 

Amount. 

5504 

January 

t5, 

1813, 

John  Dawson. 

$1,508  20 

5505 

tb 

bb 

William  Dandrid^e.     - 

2,131    15 

5506 

bb 

b4 

4b 

John  Hoof, 

2,057  39 

5507 

'"' 

*• 

•• 

James  Cox. 

1.508  20 

5508 

44 

b4 

tb 

Quintin  (Campbell. 

4,098  40 

5509 

bb 

bb 

bb 

John  P.  Clark, 

13,893  44 

5510 

4b 

•• 

^'• 

Levi  (hitler. 

377  05 

5873 

April 

9. 

b  b 

John  1'.  Clark, 

15,000  00 

5873 

4  • 

b* 

b( 

T>evi  Cutler, 

750  00 

5874 

b  b 

b> 

bb 

Quintin  Campbell, 

6,000  00 

5875 

bb 

bb 

James  Cox,                    ... 

3,000  00 

5876 

4b 

b< 

(b 

John  Hoof. 

1,500  00 

5877 

b  b 

bb 

4( 

William  Dandridge.     - 

3,750  00 

5878 

b  b 

^'• 

•• 

John  Dawson, 

2,250  00 

6187 

July 

7, 

.< 

Levi  Cutler. 

750  00 

6188 

bb 

•i 

h. 

John  P.  Clark. 

15,000  00 

6189 

4b 

bb 

ti 

Quintin  Campbell. 

6,000  00 

6190 

44 

•^ 

.6 

James  Cox,                   .... 

3,000  00 

6191 

bb 

bb 

.fc 

\^'illi;un  Dandridge.     - 

3.750  00 

6192 

b4 

4b 

.^ 

John  Hoot',                     .                   -                   . 

1,500  00 

6193 

44 

bb 

WW 

John  Dawson.                ... 

2,250  00 

6480 

October 

5, 

4, 

Levi  Cutler, 

750  00 

6481 

b4 

4b 

•  « 

John  P.  Clark, 

15.000  00 

6482 

bi 

•  b 

41. 

James  Cox, 

3,000  00 

6483 

b4 

b4 

46 

John  Hoof.                    ... 

1,500  00 

6484 

bb 

44 

it 

William  Dandridge.     - 

3,750  00 

6485 

bb 

bb 

4, 

John  Dawson, 

2,250  00 

6495 

44 

6. 

44 

Quintin  Campbell, 

5.749  31 

6584 

No  vein. 

11, 

4  4 

Bank  of  Virginia. 

1,618  85 

6655 

Decern. 

17, 

'• 

John  Hoof, 

1,222  82 

6656 

44 

(, 

.4 

Quintin  Campbell.        ... 

2,152  29 

$127,067  10 

826 


FINANCE. 


[1814. 


List  ofJVarrants  drawn  according  to  law,  during  the  year  1813,  on  the  Treasurer  of  the  United  States,  on  accoimt 
•'  of  the  reimbursement  of  temporary  loans. 


Warrants. 


Number. 

Date. 

6343 

Septr. 

15. 

1813. 

6523 

Octr. 

15, 

6581 

Novr. 

10, 

6588 

" 

15. 

6590 

i<. 

16. 

6642 

Deer. 

15, 

G643 

%• 

i. 

fca 

6644 

it 

a 

C6 

6690 

Li 

31. 

In  whose  favor. 


Amount. 


Quintin  Campbell. 
Do.        do.     • 
William  Dandridge. 
Quintin  Campbell, 
James  Cox. 
John  P.  Clarke. 
John  Hoot, 
Quintin  Campbell. 
John  P.  Clarke. 


Dollars 

Cts. 

100,000 

00 

100,000 

00 

250,000 

00 

100,000 

00 

100,000 

00 

250,000 

00 

100,000 

00 

100.000 

00 

250.000 

00 

$1,350,000  00 


List  of  Wurrunts  drawn  according  to  Urn:  during  the  year  1813  on  the  Treasurer  of  the  United  States,  on  account 
•'  of  the  mvment  of  the  Principal  and  Interest  of  Treasury  A'otes. 


A\'aiTants. 

In  whose  favor. 

Amount. 

Number. 

Date. 

Dollars.     Cts. 

6376 
6377 
6487 
6539 
6540 
6574 
6597 
6611 
6612 
6633 
6654 
6681 
6684 
6685 

Sept.           2.3.        1813. 

i.             ki              " 

October      6, 

27, 

a                tk                " 

Novr.          8, 

18. 

"              25. 

kk              kk              Ik 

Deer.          S, 
17, 

24, 

27, 

kk                            *k                            kk 

William  White, 
William  Few, 
William  White, 
William  Few, 
William  White. 

Do.        do. 

Do.        do. 
William  Fe\v, 
William  White. 

Do.        do. 

Do.        do. 
Benjamin  Austin. 
William  White.           - 
William  Few,               -                   -                  - 

105,400  00 
421,600  00 

52,700  00 
210,800  00 
600,780  00 
538,594  00 

56,916  00 
421.600  00 
289.323  00 

64,926  40 
189,720  00 
210,800  00 
391,666  40 
685,100  00 

$4,239,925  80 

RECAPITULATION. 


Interest  on  Louisiana  Stock, 

Interest  and  reimbursement  ot"  the  Domestic  Debt. 

Paying  certain  parts  of  the  Domestic  Debt, 

Payment  of  interest  on  Temporary  Loans, 

Reimbursement  of  Temporal  y  Loans, 

Principal  and  Interest  of  Treasury  Notes, 


Treasury  Depahtment,  Register's  OJJice.  January  3lst.  1814. 


$679,673  64 

4,713,421  61 

29  43 

127.067  10 

-  1,350,000  00 

-  4,239.925  80 

$11,110,117  43 


JOSEPH  NOURSE.  Negister. 


<imoiint  of  remittances  during  the  year  1813.  on  accowd  of  interest  on  Louisiana  stock  in  Europe. 


(Juildeis     53,153  00  at  41  cents.  -  -  - 

22,660  18    do.     do.      with  allowances  for  iiiterest. 

15,505  10        -  -  -  -  -  - 

Balance  of  300,000  guilders,  remitted  last  year. 


G.  91,319  08 


$21,792.73 

10,208  55 

6,405  80 

481   78 

38,888  at) 


Sterling  £21.900  00  00  at  12    percent,  discount. 
47,500  00  00 

3,100  00  00 
15.000  00  00 
10.000  00  00 
64.430  00  03 

1.600  00  00 

2,969   19  09 


12i 

do. 

do. 

12] 

do. 

do. 

13 

do. 

do. 

14 

do. 

do. 

15 

do. 

do. 

15", 

do. 

do. 

16 

do. 

do. 

85,653  33 

184,722  21 

12,090  00 

58,000  00 

38,222  22 

243,402  25 

6,008  89 

11.087  94 


^£166.500  00  00 


Applied  to  reiFiittances, 
Paid  agents  for  commission. 


639,186  84 

678,075  70 
1,597  9( 


Amount  of  warrants  issued  in  the  year  1813,  on  account  ol' interest  on  Louisiana  stock,  in  Europe,  as 

per  preceding  statement  C,      -.-----..    $679.673  64 

if  ■■ 


1814.] 


THE   SINKING   FUND. 


Guilders      91,319  00  08 
Sterling  £166,500  00  00 


Giiiii  in  Exchanse. 


(iaiii  in  exchange,  1S1:>, 


827 


$36,537  70 
740,000  00 

77(i.527  76 
678,075  70 


45:J  06 


E. 

Statement  of  Repayments  made  into  the  Treasury,  during  the  year  1813,  on  account  of  the  Puljlic  Debt. 


Warrant. 

On  whom  drawn. 

Amount. 

Date. 

Number. 

1813,  June  30, 

186-3. 

On   Meriwetiier  Jones,  late  cdniinissioaer  of  loans  loi-   Vir- 
ginia, for  this  sum,  out  of  moneys  remaining  in  his  hands 
unexpended,  wUicli  were  lieretol'ore  advanced  to  him,   tor 
paying  the  interest  and   reimbursement  ot"  the  domestic 
debt,          ----.. 

2,002  43 

Treasury  Department,  Registers''  Office,  February  3,  1814. 


F. 


JOSEPH  NOURSE,  Register. 


.Ill  estimate  of  the  applicaHon,  made  i,i  the  year  1813.  of  the  funds  provided  for  the  payiaenl  of  the  Principal  and 

interest  of  the  Public  Debt. 

1.   On  account  of  the  Principal. 

1.  Reimbursement  ol" the  old  six  percent,  and  deferred  stocks,  e.stimated  at  $1,390,420  96 

2.  Do.  of  registered  debt,  including  arrears  of  interest,      -  -  -  29  28 

3.  Do.  of  temporary  loans  "-  -  -  -  -  -      1,350,000  00 

4.  Do.  of  treasury  notes,  (payable  in  lt^l3,  and  January  and  Feb'y.  1*^14,)      4,022.700  00 

5.  Stock  purcliased,  vix: 

Louisiana  domestic  six  [ler  cent,  stock,        -  -  ■       $147,200~00 

Six  per  cent,  stock  of  1812,  .  _  .  .         207,200  00 

, '■ 414,  too  00 


2.  On  account  of  Interest  and  Charges. 

1.  Interest  on  account  of  domestic  funded  debt,  estimated  at  ... 

2.  do.  on  Louisiana  stock  domesticated,  -..-.. 
?,.  do.  on  teuiporary  loans,  ...-.-. 
1.       do        on  treasury  notes,  payable  in  1813,  and  January  and  February,  1811, 

5.      Interest  and  charges  on  I^ouisiana  stock,  payable  in  Amsterdam  and 

London,     '  -  -  -  -  •  -  -        $539,314  15 

interest  and  charges  on  converted  stock,  payable  in  .\msterdam 

and  London,  -  -  -  -  -  -  1,413  08 

Commissions  to  agents  in  America,  purchasing  bills,       -  -  1,597  94 


$2,484,104  60 

139,332  00 

127,067  10 

217,225  80 


r, 1 77,550  24 


542,325   17 


-      3,510,054  67 
$10,687,604  91 


Treasl'UY  Dei'Art.ment,  Register's  Office,  February  3,  1814. 


G. 


JOSEPH  NOURSE.  Register. 


.'in  estimate  of  the  funds  provided  before  the  1st  January,    1814, /or  the  payment  of  principal  cmd  interest  of  the 

Public  Debt,  falling  due  after  that  day. 

I.  On  account  of  the  Foreign  Debt. 

V:\A\  in  the  hands  of  commissioners  and  agents  in  Euiope,  and  remittances  outstanding  on  the  31st 

December,  1812,  per  preceding  statentent  B,  -  -  -  -  ■  .-  $468,24  0  63 

The  remittances  made  during  the  year  1813,  per  preceding  statement  D,  are  as  follows,  viz: 
To  Amsterdam,  .  -  _  -  Ge«Wers  91,319,08,  at  40  cents,   $36,527  76 

To  London,       ---..•-  £166,500  at  4.s.  6(/.  740,00000 

776.527  7(i 


Total  to  be  accounted  for,  -  -  -  -  -  -  -  - 

The  amount  applied  during  tlieyear  1813,  per  preceding  estimate  F,  is  calculated  to  have  been,  for  in- 
terest and  charges  in  Europe,  .-.---.-- 

The  balances  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may  therefore  be  es- 
-  ■  timated,  on  tiie  31st  December,  1813,  at      ■  -  -  -  .  .  -  - 

Tiie  amount  of  protested  bills  outstanding,  and  uni-ecovered  on  that  day,  was  tiie  same  as  that  on  the 
31st  December,  1812,  per  preceding  statement  B,  ------ 

II.  On  account  of  the  Domestic  Debt. 

Ca.sh  advanced  from  the  treasury,  beyond  the  amount  necessary  for  the  paj;ment  of  clividends.  and 
remaining  in  the  hands  of  the  treasurer,  as  agent  for  the  commissioners  of  lite  sinking  fund, 


1.244,768  39 
540,727  23 

701,011   16 

22,245  88 

726,287  04 

130,403  49 


Treasury  Department,  Registcr''s  Office,  February  3,  1814. 


$856,690  53 


JOSEPH  NOURSE,  Register. 


828 


FINANCE. 


C1814. 


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1814.] 


THE   SINKING    FUND. 


829 


I. 

Statement  of  moneys  arising  from  the  interest  on  stork  transferred  to  the  United  Stales,  being  the  amount  drawn 

by  the  agent  to  the  trustees  for  the  redemption  of  the  Public  Debt,  during  the  year  1813,  pursuant  to  the  act  of 
May,  8th,  1792,  agreeably  to  statements  made  at  the  treasury. 

1813,  March  8th.        Warrant  No.  5674,  per  treasury  statement  No.  26,878,            -  -            -        $480,547  63 

June  24.             Warrant  No.  6059,  per  treasury  statement  No.  27,178.            -  -            -           483,733  43 

December  27.    Warrant  No.  6683,  per  treasury  statement  No.  27,875,            -  -            -          967,826  86 


$1,932,107  92 


Treasury  Department, /?e57A'<er's  Office,  January -2^,  1814. 


JOSEPH  NOURSE,  Register. 


K. 

Statement  of  moneys  drawn  by  the  agent  to  the  trustees  for  the  redemption  of  the  Public  Del)t,  in  the  year  Ihi3, 
being  on  account  of  moneys  received  into  the  treasunjfrom  sales  of  public  lands,  pursuant  to  the  act  of  the  2d  of 
March,  1795,  agreeably  to  statements  made  at  treasury. 

1813,  December  20.     Warrant  No.  6,659  per  treasury  statement,  .  .  .  .        $830,671  53 

Treasury  Department,  Jiegisler^s  Office,  January  26,  1824. 

JOSEPH  NOURSE,  Pegisfcr. 


Statement  of  Stock  purchased  by  Jonathan  Smith,  for  the  Commissioners  of  the  Sinking  Fund. 
The  United  States,  To  Jonathan  Smith,  Cashier  of  the  Bank  of  Pennsylvania,  Dr.. 


S8I2,  Dec.    7. 
17. 

18. 


1813,  Jan.    11. 


26. 


27. 


29. 
Feb.     4. 


17. 


To  s 


six  per  cent,  stock,  purchased  on  account  of  the  Commissioners 
ol  the  Sinking  Fund,  viz: 

$16,000  Louisiana,  at  99|  per  cent.      -  -  -  .  . 

Brokerage,      ------ 

100  New  loan,  at  101  per  cent.       -  -  -  -  . 

Brokerage,      ------ 

22.900  Louisiana,  at  101  per  cent.       -  -  -  -  . 

3,300  New  loan,  at  101  per  cent.      -  -  .  -  - 

Deduct  one  quarter's  interest  on  $22,900,     - 

Brokerage,      ------ 

$40,000  six  per  cent,  at  99^,- 

Brokerage,      ------ 

112,000  six  per  cent.,    7,  gg. 
80,300  Louisiana,         3  ^^  ^^-  ^^^  ^'^"^• 

Brokerage,     ------ 

50,000  six  per  cent,  at  99^  per  cent.  .  -  .  _ 

Brokerage,      ------ 

12,000  Louisiana,  at  99  per  cent.       ----- 
Brokerage,      ------ 

20,000  six  per  cent.,  at  99|,  -  -  -  - 

Brokerage,      ------ 

16,000  Louisiana,  at  99.j  per  cent.  -  .  -  . 

1,700  six  per  cent,  stock,  at  991,  .  .  .  , 

Deduct  six  month's  interest  on  $12,000  Louisiana. 

Brokerage,      ------ 

40,000  six  per  cent,  at  98i  per  cent.  .  -  -  . 

Brokerage,  .  -  -  . 


$414,400. 


RECAPITULATION. 


$147,200  Louisiana  six  per  cent,  stock,  cost 
267,200  six  percent,  stock  of  1812, 


$414,400 


$15,880  00 
39  70 

$15,919  70 
101  25 

101 

00 
25 

23,129 
3,333 

00 
00 

26,462 
343 

00 
50 

26,118 
65 

50 
30 

26,183  80 
39,799  25 

191,916  59 
49,871  37 
I  1  9(19  TO 

39.700 
99 

00 
25 

191,438 

478 

00 
59 

49,750 
124 

00 
37 

11,880 
29 

00 
70 

19,850 
49 

00 
62 

19.899  62 

15,920 
1,691 

00 
50 

17.611 
360 

50 
00 

17,251 
43 

50 
13 

17,294  63 
3<1  j98  75 

39,500 

98 

00 
75 

$412,497  66 

- 

$1 
2 

46,370  01 
66,127  65 

S4 

12,497  66 

Treasory  Department,  Register^  Office,  Febnuiry  3d.  1814. 

JOSEPH  NOURSE,  Register. 


105 


tt 


850 


FINANCE. 


[1814. 


M. 

Statement  of  the  instabnents  of  temporary  loans  obtained  tender  the  act  of  March  I4th,  1813,  '•'■authorising  a  loan 
for  a  sum  not  exceeding  eleven  millions  of  dollars,''''  tvkichfell  due  and  were  paid  during  the  year  1813. 


Banks  from  which  the  loans  were  obtained. 

Days  when  the  instalments  be- 
came reimburseable. 

Amount  of  each 
instalment. 

Total. 

Philadelphia  Bank, 

Do.            .... 
Do.            .... 
Do.            ...           - 

1813,  September  15, 
October  15, 
November  15, 
December  15, 

"      December  15, 
December  31, 

"     November  16, 

"     December  15, 

"     November  10, 

.$100,000 
100,000 
100,000 
100,000 

$400,000 

500,000 
100,000 
100,000 
350.000 

State  Bank,  Boston, 

Do.            .... 

$250,000 
250,000 

Bank  of  Baltimore,         -            - 

$100,000 

Farmer's  Bank  of  Alexandria,    - 

$100,000 

Bank  of  Virginia,            .           ,           - 

$250,000 

$1,350,000 

■      ^ 

N. 

Statement  of  Treasury  Notes  which  became  payable  and  tvere  paid,  or  moneys  advanced  from  the  Treasury  for  their 

payment,  during  the  year  1813. 


Times  wlien  payable. 

Where  payable. 

Boston . 

New  York. 

Philadelphia. 

Total. 

1813,  October        1.       - 

"  10. 
November    1.       - 

"             11. 

•'  21. 
December     1.       - 

"             11. 

"               31.        - 

1814,  January        1. 

"              11. 
"               21. 
February       1.       - 
"             11.       - 

200,000 

400,000 
200,000 

400,000 

650,000 

100,000 
50,000 

570,000 

511,000 
54,000 

274,500 
61,600 

180,000 
84,400 
69,000 
60,600 

129,600 
28,000 

500,000 
50,000 

770,000 

511,000 
54,000 

674,500 
61,600 

180,000 

934,400 
69,000 
60,600 

129,600 
28,000 

Dollars^ 

200,000 

1,650,000 

2,172,700 

4,023,700 

13th  Congress.] 


No.  412. 


[2d  Session. 


INCORPORATP^D  BANKS   AND  INSURANCE  COMPANIES  IN  THE  DISTRICT  OF  COLU.MBIA. 

COMMUNICATED  TO  THE  HOUSE  OF    REPRESENTATIVES,  FEBRUARY    22,  1814. 


Sir: 


Treasury  Department,  February 'iX,  1814. 


I  have  (lie  honor  to  transmit  herewith,  in  compliance  with  the  resolution  of  the  House  of  Representatives  of 
the  10th  instant,  a  statement  containing  the  information  therein  required,  in  relation  to  the  incorporated  banks 
within  the  District  of  Columbia. 

There  is,  it  is  believed,  but  one  incorporated  insurance  company  witliin  the  district,  and  the  inclosed  letter  from 
the  secretary  of  that  company  states  the  particulars  in  relation  to  it,  required  by  the  said  resolution. 
I  have  the  honor  to  be,  very  respectively,  sir.  your  obedient  servant, 

G.  W.  CAMPBELL. 
The  Honorable  the  Speaker  of  the  House  of  Representatives . 


1814.] 


REMISSION   OIF  FORFEITURE. 


831 


•Statement  of  the  incorporated  Banks  udthin  the  District  of  Columbia,  and  of  the  situation  qf  their  affairs,  agreeably 
to  the  latest  statements  rendered  by  them,  respectively,  to  the  Secretary  of  the  Treasury. 


BANKS. 

Date  of  Bank 

returns. 

Capital  authori- 
zed by  law . 

C;apital  actually 
paid  in. 

Notes  in  circu- 
lation. 

Due  to  other 
Banks. 

Bank  of  Washington,    - 
Bank  of  Columbia, 
Union  Bank  of  Georgetown,    - 
Bank  of  Alexandria,     - 
Bank  ot  Potomac,         -            - 
Farmers'  Bank  of  Alexandria, 
Mechanics'  Bank  of  xVlexandria, 

1814. 
February  14. 
February  16. 
Jaimary       1. 
Fel)ruary  17. 
February  12. 
February    9. 
February  19. 

500,000 
1,000,000 
500,000 
500,000 
500,000 
500,000 
500,000 

346.665 
859,560 
405,170 
480,000 
500,000 
310,100 
270,460 

239,730  00 
489,598  67 
360,965  00 
182,900  87 
235,514   10 
195,490  00 
278,770  00 

256,196  39 

590,387  44 

95,858  07 

155,394  28 

135,674  00 

78,792  00 

BANKS. 

Date  of  Bank 
returns. 

Deposits  by  Go- 
vernment and 
by  indivitluals, 
discount  and 
interest  receiv- 
ed, &c. 

Bills  and  Notes 
discounted. 

Stock  of  the 
United  St;ites. 

Treasury  Note*. 

Bank  of  Washington,   - 
Bank  of  Columbia, 
Union  Bank  of  Georgetown,     - 
Bank  oF  Alexandria,     - 
Bank  of  Potomac.         -            - 
Farmers'  Bank  of  Alexandria, 
Mechanics'  Bank  of  Alexandria, 

1814. 
February  14. 
February  16. 
January      l. 
Febiuaiy  17. 
February  12. 
February    9. 
February  19. 

251,759   12 

1,260,572   12 

187,413  05 

497,477  09 

128,185   19 

87,968  00 

95,222  35 

600,304    15 
1,440,256   10 
706,993  29 
667,947  00 
604,242  28 
400,513  00 
519,764  00 

175,000  00 
370,720  26 
143,726  47 
100.000  00 
100,000  00 

229,000 

180,000 
28,300 

BANKS. 

Date  of  Bank 
returns. 

Notes  of  otiier 
Banks. 

Due  from  other 
Banks. 

Specie. 

Real  estate,  ex- 
penses paid,  &c. 

Bank  of  Washington,   - 

Bank  of  Columbia, 

Union  Bank  of  Georgetown,    - 

Bank  of  Alexandria,     - 

Bank  of  Potomac. 

Farmers"  Bank  of  Alexandria, 

Mechanics'  Bank  of  Alexandria. 

1814. 
February  14. 
February  16. 
January      1. 
February  17. 
February  12. 
February    9. 
February  19. 

55,760  00 
222,606  91 

67,254  78 
170,586  59 
108,619  28 

53,.597  00 

68,868  58 

168,750  53 
695,895  39 
32,325   16 
25,524  43 
25,873  90 
49,425  00 
09,434   00 

81,996  73 
171,110  66 

87,864  98 
126,781   94 
140,097   11 

34,716  00 

22.433  77 

12,539   10 

70,528  81 
11.241   44 
69,538  00 
40,261   00 
10,981   00 
14,444  00 

Alexandria.  Febrnary  12,  1814. 

Sir:  ..... 

Seeing  a  call  from  Congress  upon  your  Department  for  information  ot  all  insurance  companies  in  the  district, 
1  have  thought  the  following  communication  might  not  be  unacceptable. 

The  General  z\sseinbly  of  Virginia  passed  an  act  on  the  16th  of  January,  1798.  incorporating  the  "  Marine  Insu- 
rance Company  of  Alexandria,  allowing  a  capital  of  12.500  shares  at  $20  per  share,  or  $250,000,  to  be  paid  by  instal- 
ments, as  called  lor  at  discretion  of  tlie  President  and  Directors. 

Of  this,  7,434  shares  only  were  sub.^crlbed  in  the  iirst  instance,  (nor  has  the  subscription  been  since  opened)  on 
■which  were  called  in.^talments  amounting,  toother,  to  $13  a  share,  making  the  present  actual  capital  $96,642,  which, 
on  an  experience  of  sixteen  years,  has  been  found  fully  ade(iuate  to  the  business  ot  the  company. 

The  war  has  now  completely  wound  up  that  business,  not  having  a  cent,  at  risk,  and  the  entire  capital  is  invested 
in  the  stock  of  the  banks  of  Alexandria  and  Potomac. 

I  am.  respectfully,  sir,  your  most  obedient  servant. 

J.  B.  NIC  ROLLS, 
Secretary  Murine  Insurance  Company  of  Alexandria. 
The  Hon.  William  Jones,  Secretary  of  the  Treasury. 


13th   CONGRKSS.] 


No.  413. 


[2(1  S 


liSSIOS. 


REMISSION   OF   FORFEITURE. 


COMMUNICATED    lO   THE  HOUSE    OF    REPRKSENTATI VES,  MARCH  3.   1814. 

Mr.  Irvinc,  from  the  committee  appointed  to  take  into  consideration  the  petition  of  George  Walkington,  made  the 

following  report: 

That  they  have  had  the  same  under  consideration,  and  find,  by  the  statement  of  the  petitioner,  supported  by 
other  respectable  vouchers,  that,  in  the  year  1808,  being  a  mariner,  out  of  employ,  on  account  of  the  embargo,  he 
was  engaged  by  a  Mr.  George  -M.  Woolsey.  at  that  time  a  respectable  merchant  in  the  city  ot  Nesv  ^  ork,  to  take 
charge  ot^the  ship  Halcyon,  to  clear  her  out  from  the  port  of  said  city,  and  to  carry  her  to  the  port  of  Jersey,  on  tjie 
opposite  side  of  the  Hudson  river. 

That,  shortly  after  he  carried  the  said  ship  to  Jersey,  a  captain  was  placed  on  board  ot  her.  and  the  petitioner 
discharged,  receiving  as  a  compensation  for  his  services  for  the  time  he  had  charge  of  her,  ten  dollars.  That,  when 
he  cleared  the  said  ship  out  from  (Jie  port  of  New  York,  he  .signed  certain  papers  at  the  custom  house,  which,  as  be 


832 


FINANCE,  [1814. 


had  never  cleared  a  ship  out  before,  he  supposed  to  be  mere  papers  relating  to  her  clearance.  That,  in  the  year 
1810  he  was  arrested,  at  the  suit  of  the  United  States,  on  a  bond  for  $57,000,  which,  to  his  surprise,  he  then  learned 
was  an  instrument  he  unwittingly  signed  at  the  time  of  the  said  cleaiance.  That,  being  friendless,  and  not  able  to 
procure  surety  for  such  an  amount,  he  was  placed  in  prison,  and  remained  there  for  ten  months,  when,  by  the  com- 
misseration  of  the  collector  of  the  port  of  New  Yoik  and  the  attorney  for  the  district,  who  joined  in  a  petition  with 
him  to  the  Secretary  of  the  Treasury,  the  penal  bond  was  reduced  to  $800,  for  which  he  gave  bail,  and  then  applied 
himself  to  his  avocation,  in  the  hope  of  making  sufficient  to  meet  the  bond.  That,  while  thus  in  the  prosecution  of 
his  calling  as  a  mariner,  he  was  taken  at  the  commencement  of  the  present  war  with  Great  Britain,  was  carried  into 
Gibraltar,  where  his  cargo  and  all  his  little  property  was  condemned,  and  himself  detained  a  prisoner  of  war  eleven 
months.  That,  being  at  length  exchanged,  he  returned  in  a  cartel  from  London  to  the  United  States,  and  on  arriv- 
ing in  the  city  of  New  York,  he  found  judgment  entered  against  him  on  the  penal  bond,  and  was  surrendered  to 
prison  by  his  bail.  That  he  is  now  pennyless,  in  abject  want,  and  has  a  wife  and  two  small  children,  who  are,  like- 
wise, through  his  imprisonment,  involved  in  the  same  state  of  penury  and  sufternig. 

From  the  testimony  of  others  in  behalf  of  the  character  and  circumstances  of  the  petitioner,  the  committee  are  of 
opinion  that  his  situation  is  as  deplorable  as  he  represents,  and  that  he  has  been  an  unsuspecting  dupe;  especially  so, 
when  they  take  into  consideration  the  smallness  of  the  sum.  ten  dollars,  which  was  all  that  he  received  for  his  ser- 
vices on  board  of  the  said  vessel;  which  he  states  to  have  been  at  the  rate  of  two  dollars  per  day,  the  wages  usually 
allowed  in  the  port  of  New  York  to  those  who  are  employed  as  ship  keepers. 

The  committee  are  convinced  that  a  man  of  the  character  the  petitioner  is  represented  to  have  possessed,  would 
hardly  have  rendered  himself  liable  to  the  consequences  which  have  overtaken  him  for  so  paltry  a  sum.  If,  how- 
ever, he  should  have  been  guilty,  they  are  of  opinion  that  the  law  has  been  fully  satisfied  for  his  oflience,  in  his  im- 
prisonment for  sixteen  months,  and  iiis  having  been  reduced  to  his  present  state  of  absolute  wretchedness  and  want. 

They  therefore  beg  leave  to  report  a  law  for  his  relief. 


13th  Congress.]  No.  414.  [2d  Sessiow. 


ENCOURAGEMENT  TO  MANUFACTURES. 

COMMUNICATED   TO   THE    HOUSE    OF   REPRESENTATIVES,   MARCH   23,  1814. 

To  the  Honorable  the  Senate  and  the  Honorable  the  House  of  Representatives  of  the  United  States  in  Congress 
assembled,  the  petition  of  the  subscribers,  inhabitants  of  the  toums  of  Sutton,  Millbmy,  Oxford,  and  Dudley, 
in  the  county  of  Worcester,  and  Commonwealth  of  Massachusetts,  humbly  showelh: 

That  the  manufacturing  of  scythes  in  this  section  of  the  country,  at  the  present,  is  in  a  flourishing  and  increas- 
ing state.  That,  in  the  year  1810,  there  were  in  these  towns,  eleven  blacksmith  shops,  to  wit:  nine  in  the  town  of 
Sutton,  two  in  Oxford,  but  none  in  Dudley,  which  were  appropriated  to  the  use  of  making  scytiies.  Since  which 
time  a  part  of  the  town  of  Sutton  have  been  incorporated  by  the  name  of  Millbury.  That  there  have  been  erected 
in  these  towns,  since  1810,  seven  new  shops;  in  some  of  which  can  be  made  one  thousand  dozen  of  scythes  annually. 
The  scythe  making  business  is  not  confined  to  these  towns,  but  has  increased,  as  your  petitioners  believe,  in  nearly 
an  equal  degree,  throughout  this  State,  and.  we  think,  we  might  add,  throughout  the  Northern  States.  Your  peti- 
tioners confidently  believe  that  a  sufficient  quantity  of  scythes  are  and  could  be  manufactured  for  the  use  of  the 
United  States,  by  its  own  citizens.  .,.,....  ■ ,      , ,  ,      • 

Also,  the  manufacturing  of  mill  saws  is  carried  on  in  this  vicinity  to  a  considerable  extent,  as  also  in  many  other 
places  in  the  Union,  and  is  capable  of  such  improvements  as  to  supply  the  country  with  that  article. 

Your  petitioners  are,  however,  aware  that  whenever  the  restrictions  on  commerce  shall  cease,  that  from  the  great 
importation  of  scythes  and  mill  saws  from  Europe,  which  would,  of  course,  succeed  such  an  event,  they  must  una- 
voidably suffer,  unless  encouraged  by  the  interposition  of  Cimgress.  They  therefore  pray  your  honors,  that  such 
duty  may  be  imposed  on  all  scythes  and  mill  saws  imported,  as  shall  render  suitable  encouragement  to  the  manu- 
facturing of  those  articles  in  this  country,  or  in  such  way  as  the  wisdom  of  your  honors  shall  deem  proper;  and,  as 
in  duty  bound,  will  ever  pray. 

^  '  ELIJAH  WATERS,  &  Co.,  and  o/Am. 


13th  Congress.]  No.  415.  [2d   Session. 

REMISSION    OF    DUTIES. 

COMMUNICATED    TO   THE    SENATE,    MARCH    24,    1814. 

Mr.  Roberts,  from  the  committee  to  whom  was  referred  the  petition  of  Stephen  Girard,  of  Philadelphia,  on  the 
subject  of  the  ransom  of  the  ship  Montesquieu,  made  the  following  report: 

That,  aftera  careful  examination  of  the  petitioner's  allegations,they  see  no  reasons  for  considering  the  importations 
in  the  Montesquieu  as  being  placed  in  a  different  situation,  as  to  the  payment  of  duties,  on  account  of  the  ransom  of 
that  vessel.  The  ransoming  aiffers  not  from  any  other  commercial  adventure  in  its  principle.  The  petitioner  was  per- 
mitted to  ransom  his  vessel,  by  the  Government,  on  his  own  application,  for  the  promotion  of  his  own  interest,  and 
it  was  in  character  an  indulgence.  It  is  not  suggested  the  interest  of  the  petitioner  has  suffered  by  the  adventure. 
If  the  act  of  ransoming  be  considered  as  a  partnership  act  between  the  petitioner  and  the  Government,  that  would 
justify,  even  in  the  event  of  loss,  a  diminution  of  duties,  the  rule  of  justice,  in  the  event  of  profit,  would  give  him  a 
participation  in  the  nett  gain.  The  committee,  not  seeing  there  is  any  validity  in  the  suggestion  of  common  interest, 
and  finding  no  loss  is  alleged,  submit  a  resolution,  as  follows: 

Resolved,  That  the  petitioner  have  leave  to  withdraw  his  petition. 

Attest:  SAMUEL,  A.  OTIS,  Secretary. 


1814.]  REMISSION    OF    DUTIES. 


833 


13th   CONGRKSS.]  ]V0_      416  _  [2(1  S 


ESSION. 


REMISSION    OF    FORFEITURE. 

COMMUNICATED  TO  THK  HOUSE  OF  REPRESENTATIVES,  MARCH  25,  1814. 

Mr.  Newton,  from  the  Commiftee  of  Commerce  ;iiul  Manufactures,  to  whom  was  referred  (he  netiliori  of  James 
Washburn  and  John  Alexander,  of  New  Bedford,  Massachusetts,  made  the  loHowing  report: 

The  object  of  the  petitioners  is  to  be  relieved  from  the  payment  of  two  executions  which  have  been  issued  against 
them.    The  facts  as  set  lorth  are  tiiese: 

The  petitioners,  in  the  summer  of  1811,  despatched  the  schooner  Mars,  a  coasting  vessel,  to  Eastporf,  in  Massa- 
chusetts, for  a  load  of  plaister  of  paris,  which  was  obtained;  on  her  return  she  was  seized,  and  the  vessel  and  car^o 
were  libelled.  Judgment  by  the  court  was  given  against  the  vessel  and  cargo,  on  this  grountl:  that  the  vessel,  as^a 
coasting  vessel,  was  engaged,  contrary  to  law,  in  a  foreign  trade;  all  which  will  evidently  appear  by  a  reference  to 
the  record.  The  petitioners  seek,  relief  from  Congress,  and  rely  to  obtain  it  on  tlie  ground  that  tlie  plaister  of  paris 
which  was  purchased  of  a  certain  Solomon  Rice,  of  Eastport,  was  legally  impoited  into  the  I  'nited  States.  This 
case  has  been  solemnly  decided  by  the  judiciary,  on  great  deliberation,  after  giving  the  parties  ample  time  to  make 
their  defence.  The  fact  on  which  they  depend  for  obtaining  relief  from  Congress,  if  it  existed  at  all,  had  an  exist- 
ence prior  to  the  institution  of  a  libel  against  the  said  vessel  and  cargo,  and  might  have  been  made  inanilest  to  the 
court.  But  this  was  not  done;  no  new  case  is  made  out;  a  review  of  the  cause,  in  tlie  nature  of  an  appeal,  is  soli- 
cited. This  solicitation  is  contrary  to  every  principle  of  jurisprudence,  were  it  to  be  granted.  Infinite  mischief 
would  be  the  result,  and  the  province  of  the  judicatories  of  the  United  States  would  be  invaded.  If  the  parties  have 
sustained  any  damage,  it  is  fairly  chargeable  to  their  own  rashness  or  negligence.  If  they  are  without  a  remedy, 
they  are  the  cause  of  it.  From  this  view  of  the  case,  the  committee  are  compelled  to  recommend  to  the  House  the 
adoption  of  the  following  resolution: 

Resolved,  Tliat  the  petitioners  have  leave  to  withdraw  their  petition. 


13th  Congress. 3  N^^    417^  ^  [2d  Session. 


REMISSION   OF    DUTIES. 

communicated  to  the   house  of  representatives,  march  25,    1814. 

Mr.  Newton,  from  the  Committee  of  Commerce  and  Manufactures,  to  whom  was  referred  the  petition  of  L^ncn 

Orso,  a  native  of  New  Orleans,  made  the  following  report: 

The  petitioner  states,  that,  since  the  year  1809,  he  has  purchased  of  John  D.  Becktell,  and  others,  merchants  of 
New  Orleans,  sundry  articles  of  foreign  merchandise,  the  duties  on  which  he  was  informed,  and  verily  believes 
have  been  paid.  That  the  merchandise,  thus  purchased,  at  sundry  times,  was  shipped  on  board  the  coasting  schooner 
Victoire,  to  the  town  of  Mobile,  in  that  part  of  Louisiana,  of  which  possession  had  not  been  delivered  to  tlie  Govern- 
ment of  the  United  States,  and  there  landed  the  said  merchandise,  and  disposed  of  a  part  of  the  same.  The  petitioner 
also,  further  states,  that,  towards  the  end  of  November,  1810,  it  was  generally  believed,  that  a  certain  Reuben  Kem- 
per, with  others  associated  with  him,  had  formed  a  plan  for  taking,  plundering,  and  burning  the  said  town  of  Mobile. 
The  petitioner,  apprehending  an  attack  on  the  said  town,  embarked  for  the  county  of  Baldwin,  near  Fort  Stoddert*, 
carrying  %vith  him,  in  the  said  schooner  Victoire,  his  family,  and  the  merchandise  which  remained  unsold:  the  arti- 
cles of  which  are  enumerated  in  the  invoice  annexed  to  this  petition-  On  the  arrival  of  whicli  merchandise,  at  the 
port  of  Fort  Stoddert,  the  petitioner  repiu  ted  to  the  collector  of  the  district  of  Mobile,  who  compelled  him  to  enter 
the  same,  and  give  bond  for  the  payment  of  duties  on  the  same.  The  petitioner  prays  to  be  relieved  from  the  pay- 
ment of  the  said  bond,  amounting  to  upwards  of  six  luuulred  dollars. 

The  committee,  on  mature  consideration  of  this  case,  are  impressed  with  the  opinion,  that  they  have  not  juris- 
diction over  the  same-  They  think  that  it  belongs,  properly,  to  the  cognizance  of  tlie  judiciary.  The  petitioner, 
complains  that  he  has  been  compelled,  by  the  collector  at  Fort  Stoddert,  to  execute  a  biuid  contrary  to  law.  for  the 
payment  of  duties  on  certain  merchandise,  not  liable  to  pay  duties.  The  case  is  brieHy  this,  the  merchandise  sub- 
jected to  duty,  he  says,  he  purchased  of  John  1).  Becktell,  and  others,  at  New  Orleans,  in  the  years  1S09  and  1810, 
the  duties,  previously  to  his  purchasing  the  same,  having  been  paid.  That,  in  the  year  1809  he  moved,  and  carried 
with  him  to  the  town  of  Mobile,  the  merchandise  then  purchased;  and  that  at  sundry  times  afterwaids,  in  the  year 
1810,  he  received  at  the  last  mentioned  place,  otiier  articles  of  merchandise,  purchased  of  the  said  John  D-  Beck- 
tell, and  others;  and  that  he  resided  at  the  town  of  Mobile,  till  the  latter  end  of  November,  1810;  at  which  time, 
apprehending  an  attack  on  the  town,  by  a  certain  Reuben  Kemper  and  others,  he  removed,  with  the  merchandise 
then  unsold,  to  the  county  of  Baldwin,  near  Fort  Stoddert.  If  the  petitioner  has  been  constrained,  illegally,  to  se- 
cure tlie  duties  on  the  above  mentioned  merchandise,  the  courts  of  law  are  open  to  the  petitioner  for  relief;  to  tliem 
he  ought  to  resort.  The  petitioner  can  fairly  bring  his  case  to  a  judicial  examination  and  decision,  by  refus.ng  to 
pay  the  bond,  executed  by  him  to  secure  the  duties  to  the  United  States.  It  is  the  province  of  the  legislature  to 
enact  laws,  but  not  to  expound  and  enforce  them.  Happily  for  this  nation,  these  solemn  duties  are  confided  to  se- 
perate  and  distinct  departments.  The  committee  can  never  be  brought  to  countenance  an  usurpation  of  power,  by 
any  of  their  acts.  The  demarcations  whicli  the  constitution  has  fixed  and  assigned  to  the  several  co-ordinate 
branches  of  the  government,  will  be  sedulously  kept  in  view.  'Fhey  will  never  pass,  knowingly,  the  barrier  pre- 
scrib^^-d  by  the  constitution  to  their  functions.  These  considerations,  they  conceive,  sufficiently  justify  them  in  re- 
commending to  the  House  of  Representatives  to  refuse  the  interposition  of  its  extraoidinary  powers,  and  the  proprie- 
ty of  leaving  tlie  petitioner  to  his  remedy  at  law.  But.  should  the  House  deem  this  position  not  solid,  and  require  a 
report  on  the  merits  of  the  case;  in  order  to  meet  with  promptitude  such  a  requisition,  and  to  prevent  delay,  tlie 
committee  beg  leave  to  offer  the  following  views  on  the  merits  of  the  claim  of  the  jit'titioner,  to  a  remission  of  the 
duties: 

On  a  full  and  deliberate  examination  of  this  case,  this  committee  are  of  opinion,  that  relief  ought  not  to  be  grant- 
ed. The  reasons  which  have  led  them  to  form  this  opinion,  are  the  following:  The  petitioner,  who  stat-s  that  he  is 
a  citizen  of  the  United  St.ites,  knew,  at  the  time  that  he  removed  from  New  Orleans,  with  the  avowed  intention  of 
taking  his  stand,  of  residing  at  the  town  of  Mobile,  and  carrying  on  there  the  business  of  a  meichiuU,  that  the  town 
of  Mobile  was  in  possession  of  the  Spaniards,  and  subject,  while  they  possessed  it,  to  the  laws  of  Spain. 

He  had  voluntarily  removed  himself  from  the  juristliction  of  the  laws  of  the  United  States,  and  h.;d  relinquished 
during  such  residence  there,  all  claim  to  the  privileges  which  they  impart.  Had  he  committed,  while  he  resided  there, 
an  offence,  which  was  punishable  by  the  Spanish  laws,  he  would  have  been  amenable  to  them.''  Had  he  imported 
merchandise  there,  it  would  likewise  have  been  subject  to  the  tariff  of  the  Spanish  customs,  and  the  duties  arising 
from  the  same,  would  have  gone  to  the  Spanish  treasury.    These  are  positions  the  committee  take  to  be  undeniablej 


334  FINANCE.  [1814. 


no  exception  can  be  made  to  them;  nor  can  the  petitioner  avail  to  himself  any  advantage,  by  alledging,  that  the 
town  of  Mobile,  was  a  part  of  Louisiana;  because,  although  the  town,  in  fact  was  part  of  the  territory  belonging  to 
the  United  States,  yet  the  possession  of  it  had  not  been  obtained  by  the  Government  of  the  United  States,  from  that 

During  tlie  forcible  detainer  of  tlie  town  of  Mobile,  by  the  Spanisli  Government,  that  of  the  United  States  could 
view  it  in  no  other  light,  than  as  being,  during  the  possession  thereof  by  the  Spaniards,  for  all  purposes  of  commerce 
and  intercourse,  a  place  under  the  jurisdiction  of  a  foreign  nation.  Had  the  Government  of  tlie  United  States  con- 
sidered it  in  any  otlier  point  of  view,  the  town  of  Mobile  would  have  been  the  emporium  of  foreign  merchandise  tor 
the  surrounding  country,  and  the  treasury  of  the  United  Slates  would  have  been  defrauded  of  the  duties,  arising  on 
their  importation.  If  these  reasons  be  sound,  and  the  committee  are  persuaded  that  they  are  so,  the  petitioner  can 
iiave  no  just  cause  for  complaining  tliat  the  merchandise,  which  he  removed  from  the  town  of  Mobile,  to  the  county 
of  ikldwin,  has  been  subjected  to  ihe  payment  of  duties  to  the  United  States.  Should  this  ground,  however,  prove 
to  be  untenable,  whicii  the  comniittee  apprehend  is  not  likely  to  be  done;  another  consideration  of  which  (he  petition- 
er's case  is  susceptible,  will  place  it  beyond  every  iiope  of  redress,  and  show,  in  the  slrongest  manner,  that  by  grant- 
ing relief,  all  the  just  rules  whicli  reason  and  law  sanction,  would   be  violated. 

The  petitioner,  in  substantiating  his  claim  to  have  the  duties  remitted,  which  he  has  been  compelleil  to  secure 
to  the  United  States,  by  the  collector  of  Fort  Stoddert,  insists  much  on  this  fact,  that  the  merchandise,  on  which 
the  duties  have  been  paid,  was  purcliased  of  certain  merchants  in  New  Orleans,  on  which  the  duties,  previous  to  his 
purchasing  the  same,  had  been  paid  to  the  United  States.  This  statement,  and  the  confident  reliance  of  the  peti- 
tioner on  It,  to  make  good  his  claim,  requires  some  examination.  To  perform  whicii  task,  the  committee  are  neces- 
sarily compelled  to  analyze  the  evidence  ottered  by  the  petitioner.  The  deposition  of  John  D.  Becktell,  taken  ex- 
parte,  amounts  to  this,  that  certain  merchandise,  specified  in  the  invoice  annexed  to  the  petition,  was  purchased 
of  him  at  New  Orleans,  in  the  years  1809  ami  1810,  but  it  does  not  prove  that  the  merchandise  which  was  removed  in 
1810.  by  the  petitioner,  in  the  schooner  Victoire,  a  coasting  vessel  of  the  United  States,  to  the  aforementioned 
county  of  Jialdwin,  was  the  same  merchandise  which  had  been  purchased  of  him  in  the  years  1S09  and  1810.  Nor 
was  it  possible  for  the  deponent  to  do  so.  How  could  he  depose  to  the  identity  of  the  articles  of  inercliandise,  after 
such  a  la|)se  of  timer  Could  not  the  town  of  Mobile  be  furnished  in  the  course  of  trade,  with  the  like  articles,  from 
no  otlier  person  than  tlie  deponent:  from  no  other  place  than  New  Orleans.'^  The  attempt  to  prove  the  fact  as  stated, 
would  be  proving  too  much;  it  would  be  proving  a  thing,  if  not  impossible,  thai  was  at  least  higiily  improbable. 
The  fact,  then,  that  the  merchandise  which  was  removed  to  the  aforementioned  county  of  Baldwin,  was  a  part  of 
the  same  specified  in  the  isivoice,  and  which  was  purchased  as  aforementioned,  is  proved  only  by  the  statement 
and  averment  of  the  petitioner  alone.  This  testimony  is  inadmissible;  it  is  contrary  to  all  the  rules  of  enlightened 
jurisprudence,  that  the  party  interested  should  be  a  witness;  nay,  the  sole  witness  in  his  own  cause.  The  commit- 
tee do  not  intend,  by  their  mode  of  examining  this  case,  to  implicate  the  characters  of  the  petitioner,  or  the  depo- 
nent. These  are  persons  unknown  to  them;  and  they  deprecate  nothing  more  than  the  infliction  of  injury  on  the 
feelings  and  characte  is  of  those  who  shall  pass  in  their  view  and  review,  while  performing  the  sacred  office  of 
judges,  'i'o  keep  the  scales  of  justice  in  equijioise,  between  the  government  and  the  citizen,  is  the  sole  object  of  the 
committee.  To  eftcctuate  this  object,  always  desirable,  but  oi  difficult  attainment,  the  freedom  of  discussion  is 
essential.  Trutli  cannot  be  arrived  at  without  the  vigorous  and  liee  exercise  and  exertion  of  the  faculties  of  the 
mind.  Her  liglits  must  be  elicited,  like  sparks  from  the  Hint;  to  those  belong  the  property  to  animate  and  to  cher- 
ish, and,  when  just  cause  and  imperious  necessity  shall  require,  to  blast,  or  to  consume. 

For  these  reasons,  the  committee  respectfully  subnnt  the  following  resolution: 

liesolved.  That  the  petitioner  have  leave  to  %vithdraw  his  petition. 


13th  CoxGRE-ss.  ]  No.    41B.  [2d  Sessiok. 

REVISION    OF   THE    REVENUE    LAWS. 

COMMLNICATKI)  TO  TUB  HOUSE  OF  REPUESENTATIVF.S.     APIllL  9,   1814. 

To  the  Honorable,  Ihr  Senale  and  House  of  Rqjresenlaiives  of  the.  United  Stales  of  America  in  Congrcus  anseinbled, 
your  pelifionir.^,  JManvfaclurers  of  the  city  and  neighborhood  of  Bultimore,  and  others,  ii'liofeel  interested  in 
the  pronioiion  of  domeslic  manvfaciures,  respeelfuUy  represent: 

That  they  have  long  understoo<l,  it  is  tlie  opinion  of  many  merchants  engaged  in  the  importation  of  foreign  manu- 
factured merchanilise.  that  the  mode  at  present  used  to  ascertain  the  duties  tliereon  is,  in  many  respects,  very 
defective,  not  calculated  eitlier  to  protect  the  interests  of  tlie  United  States  in  a  lull  receipt  o!  revenue,  or  the 
honest  importer  fnun  the  practices  of  the  fraudulent  one,  and  that  some  amendment  to  the  present  collection  lav,-  is 
absolutely  necessaiy.  They  are  now  under  the  impression,  (hat  a  law  will  soon  be  passed,  which  will  have  the 
eiVect  1o  {)roduce  an  entire  change  in  the  usual  manner  of  introducing  such  manufactures,  at  least  those  which  are 
of  British  origin,  through  tiie  medium  of  neutrals,  and,  therefore,  it  is  more  desirable  than  ever,  that  such  an 
amendment  should  be  made  without  tlelay,  because,  if  tliis  law  should  pass,  an  immense  importation  of  goods  will 
no  doubt  take  place  in  the  course  of  a  few  weeks,  and  if  the  proposed  amendment  to  the  collection  law  sliould  not  be 
matle  previous  tiiereto,  the  United  Stales  will  no  doubt  suffer  a  great  los^  of  revenue,  and  ;;n  injury  proportional 
thereto  will  be  done  to  domestic  manuficlures.  It  is  of  little  moment  to  the  iinporier  wliat  is  the  rate  of  duty 
whicii  he  has  to  pay,  because  he  always  calculates  on  its  reiinburseuient;  but  it  is  of  vital  importance  to  him,  and  to  the 
security  of  the  revenue,  that  the  same  duly  is  paid  on  the  same  kind  and  quality  of  goods  by  every  importer  in  the 
Uniteti  States.  To  endeavor  to  obtain  sucli  :ai  amendment  to  the  present  collectionlaw  as  will  have  this  effect,  is 
the  principal  object  of  this  petition,  and  your  petitioners  are  ihe  more  solicitous  for  it  from  a  full  belief,  that  while 
it  will  protect  the  interests  of  the  fair  trader,  and  increase  the  revenue,  it  will  also  support  the  manufactories  al- 
ready established  in  the  United  States  and  forward  and  encourage  the  erection  of  many  others  now  in  contcmplatioi:. 
Vour  petitioners  further  represent,  tiiat  they  believe  a  pioliibition  of  the  importation  of  cotton  goods  the  manu- 
facture ot  couniries  beyond  the  cape  of  (iood  Hope,  would  very  materially  tend  to  benefit  the  agricultural  interest 
of  the  country,  by  creating  a  constant  and  steady  demand  for  raw  cotton,  and,  that  while  it  would  encourage  the 
manufacture  of  coarse  cotton  iabrics,  it  would  serve  as  an  important  check  to  the  exportation  of  ^pecie. 

Your  petitioucrs  therefore  pray  than  an  act  or  acts  may  be  passed  for  the  purposes  stated,  or  that  such  other  relief 
UKiy  be  granted  in  the  premises  as  to  both  Houses  of  Congress  may  af)pear  to  be  right,  and  your  petitioners,  as  in 
duty  bound,  sliail  ever  pray,  &c. 

Signed  by  the  subscribers,  a  committee  appointed   for  this  purpose,  at  a  meeting  held   at  the  Merchant's  Coffee 
Ikaise.  in  Baltimore,  the  fith  day  of  April,  18!  1. 

JOHN  HILLEN. 
.   -"'  \VM.  PATTERSON, 

SAML.  HARDEN. 
ROBERT  McKIM, 
JNO.  GILL, 
NATHAN  LEVERING, 
.  EDWARD  GRAY. 


1814.] 


THE   MINT. 


835 


13th  Congress.] 


No.  419. 


[2(1  Sksstox. 


M  I  N  T. 

COMMUNICATED    TO    THK    HOUSE    OF    KEPRESENTATIVKS,     APRU,    9,    ISM. 

Tkeasiry  Department,  .rlnril  7,  181). 
Sir: 

i  have  the  honor  to  transmit,  herewith,  ;t  letter  from  the  Comptroller  of  the  Treusury,  accoiiipariied  with 
sundry  statements,  which  have  heeii  prepared  in  obedience  to  the  act,  entitled '' An  act  establishing  a  mint  and 
regulating  the  coins  of  the  United  States,"  passed  April  2d,  17!>2. 

I  have  the  honor  to  be.  very  respecti'uliy,  sir,  your  obedient  seivanl, 

0.  \V.  CAMPHKL},. 

The  Hon.  the  Speaker  of  the  House  of  Representatives. 


Sir: 


Treasury  Department.  Comptroller's  OJfirr,  JJ/jril  \,  lull. 


Tiie  statements  herewith,  marked  A,  E,  and  C,  have  been  prepared  pursuant  to  the  seventh  section  of  an 
act  of  Congress,  passed  the  2d  of  April,  1792,  entitled  "An  act  establishing  a  mint,  and  regulating  the  coins  of  the 
United  States."'     They  contain  all  the  information,  relative  to  the  mint,  which  the  settlements  made  at  ihe  treasury 


enable  me  to  aftbrd. 

I  am,  sir,  with  great  respect,  your  obedient  ser\ant, 

George  Wasmingtox  Camphei.l,  Esq.  Secretary  of  the  Treasury. 


KZ.  BACON. 


A. 


Statement  exhibiting  the  balance  of  Gold  and  Silver  remaining  in  the  liands  of  the  officers  of  the  Mint  on  the  3lst 
December,  1810:  the  amount  deposited  from  1st  January  to  '.nst  December,  1813;  the  different  species  of  coins 
made  and  paid  on  account  of  deposites,  allowance  for  wastage,  and  the  buUmce  reiuaining  in  the  hands  of  the 
officers  of  the  Mint  on  the  '.ilst  December,  1813,  to  be  accounted  for  on  a  future  settlement. 


Balance  of  gold.  buiiiu!i,  &c.  remaining  in  the   hands  of  the  officers  of  the  mint 

on  3 1st  December,  1812,  -  - 

Gold  bullion  deposited  from  the  Isf  January  to  the  31st  December,  1813, 

Total  amount,      -  -  -  - 

Amount  paid  for  deposites  of  gold  from  1st  January  to  31st  December,  1813, 
Add  gold  coins  in  the  hands  of  the  treasurer  of  the  mint  on  December  31st.  1813, 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  iiands  of  the  treasurer,  31st 
December,  1812,  -  -  '  -  -  -  -  -  - 

And  this  sum,  being  the  amount  of  treasury  warrant.  No.  .  issued  to  co\er 

M'astage  in  the  coinage  of  gold,  .  .  .  _  . 

Gold  coins  made  at  the  mint  from  1st  January  to  3Ist  December,  1813.  viz:  half 
eagles,  95,428.     Weight  and  value,        -  -  -  ..  . 

Gold  bullion  iii  the  hantls  of  the  officers  ol'the  mint  on  the  31st  December,  1813. 

Profit  and  loss  account  for  this  sum  allowed  for  wastage  in  the  coinage  of  sokl 
in  1813.    -  -  -  -  -  -  -  .         '   .      "     . 

As  above,  -  .  .  . 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint. 

31st  December.  1812,      -  -       "    - 

Silver  bullion  deposited  from  1st  January  to  31st  Decembei',  1813, 

Total  amount,      -  -  -  - 

Amount  paid  for  deposites  of  silver  fi'oni  1st  January  to  the  31st  December,  1813, 

Add  silver  coins  in  the  hands  of  the  treasuier  of  the  mint  on  31st  December, 

1813.        ------  -  -  - 


Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  hands  of  the  treasurer, 

31st  December,  1812,      -             -            -            -            - 
And  this  sum,  being  the  amount  of  treasury  warrant  No. ,  issued  to  cover 

wastage  in  the  coinage  oi  silver,  _.---. 


Sil\  er  coins  made  at  the  mint  from  1st  January  to  3!st  December,  1813,  viz:  half 
dollars.  1,241,903.     Weight  and  value,  .  -  -  -  - 

Silver  bullion  in  the  hands  of  the  officers  of  the  mint  31st  December,  1813, 
Profit  and  loss  account  for  this  sum,  allowed  for  wastasc  in  coinage  of  silver  in 
1813,        -  -  -  -  -  ..         "   . 


Oz.     Dwt.   Gr. 


1,117   11   05 
2(i,998    12   17 


28, in;  03  22 


14,529   IG  05 
987   16  05 


20,839  02  12 
1,169  09  05 

107   12  05 


28,116  03  22 


413,899   12  06 
213.055  07  00 


626,954   19  06 


Dolls.    Cts.  M. 


19,865  59  0 
479,975  64  0 


499,841    23  0 


449.031  01 
13,624  41  .'-. 


492,656  33  0 


15.516  33  0 


477.140  00  0 
20.788  16  5 

1,913  06  .-. 

499.841  23  0 


477,575  22  0 
245,833  01  0 


•23,408  23  0 


18,000  16  00 
3,301  04  05 


538,157  19  08 
86,726  05  17 

2,070  14  05 


578,799  43  5 
63,453  27  0 


642.252  70  5 


21,301  20  5 


626.954  19  06 


620,951  50  0 

100.0G7  45  5 
2,389  27  5 


723,408  23  0 


Comptroller's  Office.  March  30lh,  1814. 


ANDREW  ROSS,  ClerL 


836 


FINANCE. 


[1814. 


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1814.] 


ON    MAKING    FOREIGN    GOLD    COINS    A    LEGAL    TENDER. 


837 


Stonmary  Statement  exhibiting  the  value  of  Coins  made  at  the  Mint;  ilie  amoimt  of  (li.ihi(r!iemp)ils  on  account  of 
the  estab/is/imenl;  the  amount  allowed  fur  waslaffC;  the  amount  retained  of  dej)ositen;  and  the  amount  gained 
0)1  the  coinage  of  copper,  from  the  commencement  of  the  institution  to  the  'iist  December,  1813. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint  to  the  31st  December,  1813, 
Value  of  gold  coins  made  from  1st  January  to  31st  December,  1813,  per  account  A, 
Value  of  silver  coins  made  from        do.         to  do.  do. 

Value  of  copper  coins  made  from      do.        to  do.  do.  B, 

Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December,  1812, 
per  account  rendered,         -------- 

Add  amount  gained  on  the  coinage  of  copper  to  the  same  period,        do.     - 

From  the  above  deduct  amount  of  wastage  on  gold  and  silver  to  31st  December, 
1812,  per  account  rendered,  -----     $44,393  39.5 

To  the  above  add  the  amount  retained  from  deposites  to  the  same 

period,  do.  -.-..-.         4,656  82 


Add  amount  disbursed  on  account  of  the  establishment  from  January  ist  to  31st 
December,  1813,     --------- 

Add,  also,  the  amount  of  wastage  on  gold  and  silver  to  the  31st  December,  1812,  - 
Do.      from  1st  January  to  3ist  December,  1813,  -  .  .  - 

From  the  above  deduct  the  amount  retained  from  deposites  to  31st  December, 
1812,  -    .         -,  -  -  -  -  -  -       $4,656  82 

Also,  amount  retained  from  1st  January  to  31st  December,  1813,      -  176  89.5 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  the  in- 
stitution to  the  31st  December,  1813,  per  statement  herewith,  marked  B, 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the  com- 
mencement of  the  institution  to  the  31st  December,  1813,  including  cost  of  lots, 
buildings,  machinery,  &c.  -------- 


Uollars.   Cts. 


474,140  00 

620,951   50 

4,180  00 


432,249  73.5 
38,848  65 


471,098  38.5 


39,736  57.5 


44,393  395 
4,302  34 


48,695  73.5 


4,833  71.5 


Dollars.    Cts. 


11,704,372  99 


1,102,271   50 


12,806,644  49 


431,361  81 
21, .325  89 


43.862  02 


496,549   12 
38,848  65 


535,397  77 


Comptroller's  Office,  March  31,  1814. 


ANDREW  ROSS,  Clerk. 


13th  Congress.  ] 


No.  420. 


[2d  Sessiok. 


ON  THE  EXPEDIENCY  OF   MAKING  FOREIGN  GOLD  COINS  A   LEGAL  TENDER,  AND  PRO- 
HIBITING THE  EXPORTATION  OF  SPECIE. 


Sir: 


COMMUNICATED  TO  THE  HOUSE    OF  REPRESENTATIVES,  APRIL  12,    1814. 

Baltimore,  March  4,  1814. 


From  the  numerous  calls  for  specie  lately  made  on  the  banks  of  this  State,  and  to  the  Southward,  and  which 
there  is  reason  to  apprehend  will  be  repeated,  great  inconvenience  must  soon  result,  unless  some  measures  are 
adopted  to  avert  the  difficulty  of  meeting  those  demands.  The  banks  of  this  city  have  been,  iud  still  are,  laboring 
under  considerable  inconvenience,  from  the  circumstance  of  foreign  gold  coins  not  being  a  legal  tender.  They  re- 
ceived those  coins  to  a  large  amount,  under  an  act  of  Congress  which  was  suffered  to  expire,  and  are  now  unable  to 
use  them,  notwithstanding  the  pressing  demands  upon  them.  A  law  giving  some  rate  ot  currency  to  specie  of  this 
description,  seems  indispensably  necessary,  and  would  contribute  materially  to  their  relief. 

Since  the  State  of  Maryland  has  been  wholly  deprived  of  commerce,  the  banks  in  the  city  of  Baltimore  have  been 
gradually  getting  in  debt  to  the  Eastern  cities,  and  payments  are  now  required  in  specie,  to  an  amount  that  will 
greatly  exhaust  their  treasure — in  the  event  of  peace,  the  further  demand  for  exportation  will,  it  is  apprehended, 
materially  increase  their  embarrassments.  In  the  latter  point  of  view,  the  subject  is  peculiarly  interesting  to  the 
banks  of  New  York,  Philadelphia,  and  Baltimore,  inasmuch  as  they  have  subscribed  largely  to  the  late  loans  to 
the  United  States.  Nearly  one-third  of  the  banking  capital  of  Baltimore  has  been  thus  invested,  and  it,  on  the  re- 
turn of  peace,  specie  should  be  permitted  to  be  exported,  the  necessary  consequence  will  be,  that  the  increased  de- 
mand upon  the  banks  will  compel  them  to  throw  this  stock  into  the  market  at  a  very  reduced  value,  much  to  their 
own  injury,  as  well  as  to  the  injury  of  the  nation.  And  it  may  not  be  entirely  unworthy  of  consideratijp,  how  far 
the  prospect  of  exporting  specie,  at  the  close  of  the  war,  may  retard,  or  the  prohibition  to  export  may  facilitate,  such 
loans  as  tJie  Government  may  hereafter  wish  to  make. 
106  tt 


833  FINANCE.  [1814. 


Under  these  impressions,  therefore,  we  take  the  liberty  respectfully  to  suggest  to  you,  the  propriety  of  recom- 
mending to  Congress,  during  the  present  session,  to  provide  by  law  for  giving  a  rate  of  currency  to  foreign  gold  coins; 
and  to  prohibit  the  exportation  of  specie  for  twelve  months  after  peace  shall  be  proclaimed.  In  the  hope  that,  if 
these  measures  shall  meet  your  approbation,  you  will  submit  them  to  the  President,  or  give  them  such  other  course 
as  may  in  your  opinion  best  promote  the  objects  we  have  in  view. 

We  have  the  honor  to  be,  sir,  with  very  high  respect  and  consideration,  your  very  obedient  sei-vants, 

W.  COOKE, 

President  of  the  Bank  of  Maryland. 

WM.  WILSON, 

President  of  the  Bank  of  Baltimore. 

HENRY  PAYSON, 

President  of  the  Union  Bank  of  Maryland. 

JAMES  MOSHER, 

President  of  the  Mechanics^  Bank  of  Baltimore. 

HEZ.  WATERS, 

President  of  the  Marine  Bank  of  Baltimori'. 

JOSEPH  H.  NICHOLSON, 

President  of  the  Commercial  and  Farmers^  Bank  of  Baltimore. 

PHIL.  MOORE, 

President  of  the  Franklin  Bank  of  Baltimore. 

WM.  GRAHAME, 

President  of  the  Farmers''  and  Merchants^  Bank. 
JOHN  DONNELL, 
President  of  the  City  Bank  of  Baltimore. 
The  Hon.  Geo.  W.  Campbell,  Secretary  of  the  Treasury. 


13th  Congress.]  No.  421.  [•2d  Sbssiow. 

REVISED    STATEMENT    OF    THE    PUBLIC    DEBT. 

COMMUNICATED   TO  THE    HOUSE    OF   REPRESENTATIVES,    ON  THH  14til  OF  APRIL,    1814. 

Treasitry  Department,  t&pril  I2th,  1814. 
Sir. 

I  have  the  honor  to  transmit,  herewitii,  a  revised  statement  of  the  debt  of  the  United  States,  accompanied  by 
an  explanatory  letter  on  the  subject,  from  the  Register  of  the  Treasury,  by  which  it  appears  tiiat  in  the  statement  o! 
the  public  debt  on  the  1st  January,  181.3,  annexed  to  the  printed  account  of  tlie  receipts  and  expenditures  for  the 
year  1813,  the  amount  of  stock  constituted  under  the  act  authorising  a  loan  for  the  service  of  that  year,  was,  by  mis- 
take, stated  at  eleven  millions  of  dollars,  instead  of  eight  millions  diirty-four  thousand  seven  hundred  dollars,  the 
real  amount  of  six  per  cent,  stock  issued  by  virtue  of  the  act  before  recited. 

I  have  the  lionor  to  be.  very  respectfully,  sir,  your  obedient  servant. 

G.  W.  CAMPBELL. 
The  Honorable  the  ^pv.akkk  of  the  House  of  Representatives. 


Treasury  Department.  Register's  Office.  Ith  .fipril.  1814. 

Sir. 

I  have  the  lumor  to  transmit  a  revised  statement  of  the  "'debt  of  the  United  States  on  the  1st  January,  1813,"' 
as  a  substitute  for  the  statement  tliereof.  forming  a  part  of  tiie  appendix  to  tlie  printed  accounts  of  tiie  receipts  and 
expemfitures  for  the  year  1812,  presented  a  lew  days  since,  and  transmitted  to  the  House  of  Representatives  of  the 
United  States. 

Tlie  item  in  which  the  variation  appears,  is  the  extension  of  tlie  sum  of  eleven  nnllions  of  dollars, 
as  constituted  stock  under  the  act  for  borrowing  to  that  amount  in  the  year  1812,  and  which  had  been 
calculated  to  the  full  amount:  whereas  the  whole  amount  of  the  moneys  borrowed  under  the  author- 
ity of  that  act  was  only  -  -  -  -  -  -  -        .        -       $10,184,701) 

But  as  $2,150,000  theiefore  liad  been  borrowed  of  certain  banks,  on  contract,  reimbursable  in  tlie 
years  ISl."?  and  1814.  this  amount  forms  a  deduction  of  .  .  -  -  -         $2,150,000 

Leaving  the  true  amount  of  six  per  cent,  stock  of  the  year  1812,  of  ....         $8.034.700 

A  sufficient  numUer  of  copies  of  this  revised  statement  lias  been  struck  oft",  not  only  for  the  present  occasion,  but 
also  to  be  bound  up  with  tlie  appendix  to  be  rendered  with  a  similar  statement  for  the  ensuing  year,  for  the  purpose 
of  m.aintaining  the  correctness  of  those  annual  exhibitions  of  the  public  debt. 
I  have  the  honor  to  be,  sir.  your  most  obedient  servant. 

JOSEPH  NOURSE,  Register. 
Honorable  George  W.  Camprell,  Secretary  qf  the  Treastiry. 


/i 


1814.]  REVISED    STATEMENT    OF    THE    PUBLIC    DEBT.  859 


Revised  Statement  of  the  Debt  of  the  United  States,  on  the  1st  of  January,  181.1. 
Domestic  Debt,  exclusive  of  the  sums  passed  tothecivilit  of  the  Sinking  Fund: 
.Six  per  cent,  stock,  .  .  .  .  .         $17,506,485  90 

Three  percent,  stock,        .  -  .  .  .  10,157.97^59 

Deferred  stock,      ------  9,570,634  68 

Louisiana  six  per  cent,  stock,       -  -  -  -  11,070,700  00 

Six  per  cent,  stock,  loan  of  1796,  -  -  -  80,000  00 

Exchanged  six  per  cent,  stock  of  ISI'2,     -  -  -  2,745.120  58 


Six  per  cent,  stock,  constituted  by  an  act  passed 
the  14th  of  March,  1812.  entitled  "An  act 
authorizing  a  loan  of  money  not  exceeding  ele- 
ven millions  of  dollars,"  and  for  which  scrip 
certificates  were  issued,  -  -  -     *$8,034,700 

Deduct,  purchased  by  tiie  commissioners  of  the 
Sinking  Fund,    -----  57,000 


$57,130,913  75 


7,977,700  00 


Nominal  amount  of  debt  on  the  1st  of  January,  1813,  -  -  .  .        .    $65,114,613  75 

Deduct  reimbursement  of  the  six  per  cent,  and  deferred  stocks, 

to  the  31st  December,  1812,        ..-.---    $19,909,97219 
From  this,  deduct  reimbursement  paid  on  stock  subsequently 

transferred  to  the  Sinking  Fund,  to  1st  January,  1810,  -      28,748  02 

And  the  difference  between  the  nominal  amount  of  six  per  cent. 

and  deferred  stocks  exchanged,  and  the  amount  of  exchanged 

stock  issued  in  lieu  thereof,  being  reimbursement  previously 

paid  on  said  stocks,        .  -  -  .  -  -5,664,227  48 


5,692,975  50 

14,216,996  09 


Unredeemed  amount  on  the  1st  January,  1813,  --....      («)  $50,897, 617  06 


Nominal  amount  of  the  debt,  as  above  stated,  -  ...  -  $65,114,61375 

Sinking  Fund.    The  following  sums  are  in  the  treasury  books,  passed  to  the  credit  of 
tlie  commissioners  of  the  Sinking  Fund,  to  the  31st  December,  1812. 

Foreign  Debt,  viz:      Five  per  cent,  stock,  -  -  $8,200,000 


Four  and  one  half  per  cent,  stock,  820,000 

Four  per  cent,  stock,  -  -  3,180,000 


Domestic  Debt,  viz:    Six  per  cent,  stock,             -  -  1,946,026  92 

Three  per  cent,  stock,         -  -  098,555  41 

Deferred  six  percent,  stock,  -  1,005,179  83 

Eight  per  cent,  stock,          -  -  6,482,500  00 

Exchanged  six  per  cent,  stock,  -  6,294,051   12 

Converted  >ix  per  cent,  stock,  -  1,859,850  70 

Four  and  a  halt  percent,  stock,  -  176,000 

Five  and  a  half  percent,  stock,  -  1,848,900 

Navy  six  per  cent,  stock,     -  -  711,700 

Louisiana  six  per  cent,  stock,  -  179,300 

Six  per  cent,  stock  of  1812,  -  57,000 


12,200,000  00 


21,259,063  98 
33,459,063  98 


(6)  $98,573,677  73 


(«)  Unredeemed  amount,  1st  January,  1812,     ------        $45,120,15043 

Add  six  percent,  stock  of  1812,  -  -  -  -  $8,034,700  00 

From  which,  deduct  amount  purchased  by  Sinking  Fund,         -  -  57,000  00 


7,977,700  00 
Add  three  per  cent,  stock  issued  since,        -  -  -  -  82  55 


Deduct  reimbursement  of  six  per  cent,  and  deferred  stocks,      -               -  1,446,047  31 

Ditto,    of  converted  stock,               -               _               .               -  565,318  41 

Louisiana  stock  purchased,                .               -               -               -  179,300  00 

Deferred          ditto,            -----  9,650  20 


7,977.782  55 


53,097.932  96 


2,200,315  92 


Unredeemed  amount  January  1,  1813,  ------       $50,897,61706 


(6^  Total  nominal  amount  of  debt,  including  Sinking  Fund,  1st  of  January,  1812,        -  -        $93,120,734  16 

'  Add  six  per  cent,  of  1812,  -  -  -  ■•  -  8,034,700  00 

Three  per  cent,  stock,  issued  since,    -  -  -  -  82  55 

8,034,782  55 


101,155.510  71 
Deduct  difference  between  six  per  cent,  and  deferred  stocks  exchanged,  and  stock  issued  in  lieu,       2,581,838  98 

As  above.  -       $98,573,677  73 


•The  total  amount  of  moneys  received  into  the  treasury,  viz:    In  the  year  1812,  -  $10,002,400 

In  the  year  1813,  -  18^,300 

§10,184,700 

From  which,  deduct  theamount  of  temporary  loans  reimbursed  in  1813  and  1814,  •  -  2,150,000 

Amount  of  six  per  cent,  stock  of  the  year  1812,       -  .  ■  -  -  ?8, 034, 700 


840  FINANCE.  [1814. 


13th  Congress.]  No.    422.  [3d  Session. 

STATE  OF   THE   FINANCES. 

COMMUNICATED  TO   THE    SENATE,    SEPTEMBER   26,     1814. 

TTie  Secretary  of  the  Treasury,  in  obedience  to  the  act  "  supplementary  to  the  act,  entitled  an  act  to  establish 
the  Treasury  Department,"  has  the  honor  respectfully  to  submit  to  Congress  the  following  report  and  estimates: 

The  sums  authorized  by  Congress  to  be  expended  during  the  year  1814,  and  for  which  appropriations  have  been 
made,  are  as  follows: 

1.  For  civil,  diplomatic,  and  miscellaneous  expenses,  -  -  $2,245,355  59 
To  this  sum  is  to  be  added,  the  amount  which  may  be  payable  on  the  following  ac- 
counts, viz:    1.  The  amount  of  tines,  penalties,  and  forfeitures  actually  received  into 

the  treasury,  which  is  appropriated  for  defraying  the  expenses  of  courts   of  the  United 
States.     2.  The  sums  received  by  tlie  collectors  of  the  customs  for  the  Marine  Hospi- 
tal Fund  and  Piivateer  Pension  Fund,  whicli  are  paid  into  the  treasury  with  the  other 
moneys  derived   from  the  customs,  but  are  exclusively  applicable   to  the  two  objects 
here  mentioned,  respectively.    3.  The   moneys  received   into  the   treasury  lor  the 
United  States'  moiety  of  prizes  captured  by  public  vessels,  vvhicii  belong  exclusively  to 
the  Navy  Pension  Fund.    These  items  are  contingent  and  uncertain,  until  the  accounts 
for  the  year  are  made  up,  and  their  amount  ascertained.     As  they  appear  among  the  re- 
ceipts into  tiie  Treasury,  they  must  also  be  placed  among  its  expenditures.     They  may 
be  estimated  for  the  year  1814,  at  -  -  -  -  -  -  200,000  00 

2,445,355  59 

2.  Military  expenses,  including  the  Indian  Department,  and  the   permanent  appropriation   of 
200,000  dollars  annually,  for  arming  and  equipping  the  whole  body  of  tlie  militia  of  the  United 

States,  -  -  -  -  -  -  -  -    .        ,      -     ,  24,502,906  00 

3    t^aval  expenses,  including  200,000  dollars  for  the  purchase  ot  timber,  appropriated  by  tlie  act 
ofMarchSn,  1812.  -  -  -  -  -.  ,',-,_     ^  ■        ^       8,169,910  87 

4.  For  the  public  debt,  such  sum  as  the  public  engagements  may  require;  and  which,  during  the 
year  1814,  may  be  estimated  as  follows: 

Interest  on  the  public  debt  existing  previously  to  the  present  war,        -  -         1,980,000  00 

Interest  on  the  debt  contracted  during  the  present  war,  including  the  loans  ot  the 
present  year  and  treasury  notes,  -  -  -  •   .  -  .      2,950,000  00 

Reimbursement  of  principal,  consisting  of  the  annual  reimbursement  ot  the  old  six 
per  cent,  and  deferred  stocks,  temporary  loans  payable  during  this  year,  and  treasury 
notes  reimbursable  during  the  same  period,  .  .  -  .         7,572,000  00 

12,502,000  00 
But  for  these  purposes  there  had  been  advanced  from  the  treasury  during  the  year 
181.3,  to  sundry  commissioners  of  loans,  beyond  the  demands  upon  them  for  the  year 
1813,  and  to  the  Treasurer  of  the  United  States,  as  agent  for  the  Commissioners  of  the 
Sinking  Fund,  about        -  -  ....  350,000  00 

Leaving  payable  during  the  year  1814,     ------  12,152,00000 


17,270,172  46 


The  means  by  which  this  sum  was  to  be  provided,  were  the  following: 

1.  Moneys  receivable  on  account  of  the  public  revenue,  and  which  were  estimated  as  follows: 
From  the  customs,      -------  6,500,000  00 

Sales  of  public  lands,  -  -  .  .  -  600,000  00 

Direct  tax  and  internal  duties,       -----  3,800,000  00 

Postage,  and  incidental  receipts,  -  .  -  -  50,000  00 

2.  Moneys  receivable  for  the  proceeds  of  loans,  and  for  treasury  notes  to  be  issued,  as  follows: 

Amount  payable  into  (he  treasury  during  the  year  1814,  of  the  loan  of  seven  and  a 
half  mdlions,  made  under  the  act  ot  August  2,  1813,  -  -  -  3,592,665  00 

Amount  authorized  to  be  borrowed  by  tlie  act  of  March  21,  1814,       -  -        25,000,000  00 

Amount  authorized  by  the  act  of  March  4,  1814,  to  be  issued   in  treasury  notes,       5,000,000  00 


10,950,000  00 


33,592,665  00 


■  And  it  was  estimated,  that  out  of  the  balance  of  cash  remaining  in  the  treasury  on  the  1st  day  of 
January,  1814,  whicli  amounted  to  $5,196,482  00,  there  might  be  applied  a  sum  sutticient  to  cover  the 
whole  amount  of  tlie  authorized  expenditures,  anil  which  would  be  -  -  -  2,727,507  46 

$47,270,172  46 


The  accounts  of  the  treasury  have  as  yet  been  made  up  only  for  the  two  first  quarters  of  the  year  1814,  or  to  the 
30th  of  June,  of  that  year.  The  annexed  statement,  marked  A,  shows  the  receipts  anil  expenditures  at  the  treasury 
for  the  fourth  quarter  of  the  year  1813,  which  have  not  before  been  communicated  to  Congress,  and  separately,  those 
of  the  two  first  quarters  of  the  year  1814. 

By  this  statement,  it  appears  that  the  payments  from  the  treasury  during  the  first  half  of  the  present  year,  have 
been, 

For  civil,  diplomatic,  and  miscellaneous  expenses,  .  -  -  -  1,444,062  60 

Military,         -  -  -         do.  -  .  .  -  11,210,238  00 

Naval,  -  -  -  do.  -  -  .  ..  4,012,899  90 

Public  Debt,  -  -         do.  -  .  .  .  3,026,580  77 


19,693,781   27 


And  would  leave  payable  during  the  remainder  of  the  year,  on  those  several  accounts,  the  follow- 
ing sums: 

For  civil,  diplomatic,  and  miscellaneous  expenses,  -  -  -  1,001,292  99 

Military  expenses,         ------  13,292,668  00 

Naval,  do.  -----  -  4,157,010  97 

Public  debt,     do.  -  -  -  "     -  -  -  9,125,419  23 

27,576,391    19 


$47,270,172  46 


1814.]                                               STATE    OF    THE    FINANCES.  841 

The  receipts  into  the  treasury  during  the  first  half  of  the  present  year,  have  been  as  follows: 

For  the  proceeds  of  the  customs,              .......  4,182,08825 

Public  lands,  (including  those  in  the  Mississippi  Territory,  the  proceeds  of  which  are  now  payable 

to  the  State  of  Georgia)               -                  ......  540,005  G8 

Internal  duties  and  direct  tax,                -                .               .               .               .               .  2,189,272  40 

Postage  and  incidental  receipts,              ......  106,74400 


Loan  of  seven  and  a  half  millions,  under  the  act  of  August  2,  1813,  -  3,592,665  00 

Loan  often  millions,  (part  of  25  millions,)  under  the  act  of  March  24,  1814,  6,087,011  00 


7,078,170  33 


Treasury  notes,  issued  under  the  act  of  February  25,  1813,  1,070,000  00 

Treasury  notes,  issued  under  the  act  of  March  4,  1814,  1,392,100  00 


9,679.676  00 
2,462,100  00 


12,141,776  60 


19,219,916  33 
And  there  remained  cash  in  the  treasury,  un  the  1st  of  July,  1814,  -  -  4,722,639  32 


$23,942,585  65 
To  make  up  the  sum,  therefore,  which  will  be  wanted  to  meet  the  expenditures  as  above  es- 
timated, there  nmst  be  obtained  during  the  third  and  fourth  quarters  of  the  present  year,  23,327,586  81 


$47,270,172  46 


And  the  further  sum  of  1,500,000  dollars,  which  is  the  least  that  ought  at  any  time  during  a  state 
of  war,  to  be  left  in  the  treasury,  making,  .....  $24,827.586  81 

Of  this  amount  it  is  estimated  that  there  will  be  derived  from  the  various  sources  of  existing  reve- 
nue, the  following  sums,  viz: 

From  the  customs,  -  -  -  -  -  -  -  2,820,000  00 

It  has  not  been  practicable  to  prepare  the  statements  of  this  and  of  the  other  branches  of  the  reve- 
nue in  the  usual  official  form,  to  be  communicated  to  Congress  at  this  time.  Some  of  these  state- 
ments have  been  heretofore  regularly  given  for  periods  terminating  on  the  30th  of  September;  and  to 
preserve  the  series  unimpared,  their  preparation  is  postponed  until  they  can  be  made  out  terminating 
with  that  day.  They  will  hereafter  be  laid  before  Congress  in  the  proper  form.  The  amount  of  the 
customhouse  duties  which  accrued  during  tlieyear  1813,  was  7,070,000  dollars.  During  the  two  fi.st 
quarters  of  the  present  year  tiiey  amounted  to  about  3,000,000  dollars:  but,  during  llie  two  last  quar- 
ters, will  not,  probably,  exceed  1,000,000.  Tiie  amount  receivable  into  the  treasury,  during  the  year 
1814,  from  bonds  outstanding  at  the  commencement  of  the  year,  and  from  the  tluties  accruing,  and 
which  will  become  payable  during  that  year,  is  estimated  at  7,000,000  dollars;  which  is  500,000  dollars 
more  than  was  heretolore  estimated.  Of  this  sum,  $4,182,088  25,  was  paid  during  the  first  half  of  the 
year,  and  will  leave  payable,  daring  the  remainder  of  the  year,  the  sum  heie  stated. 

Sates  of  Public  Lamh.  Tiie  proceeds  of  the  public  lands  sold  in  the  Missii^sippi  Territoiy.  which 
are  now  payable  to  the  State  of  Georgia,  are  brought  into  the  treasury  in  the  same  manner  as  the  mo- 
neys derived  from  the  sales  of  other  public  laiuls.  As  the  amount,  when  paid  out  of  the  treasury  to 
the  State  of  Georgia,  appears  among  the  public  expenditures,  it  is  proper  that  these  moneys  should  be 
placed  among  the  receipts  of  the  treasury.  Including  the  proceeds  of  the  lands  in  the  Mississippi 
Territory,  the  receipts  during  the  year  1814  are  estimated  at  $900,000;  of  which,  $540,065  68,  having 
been  received  during  the  two  first  quarters  of  the  year,  there  will  be  receivable  during  the  two  last 
quarters,  -  -  -  -  -  -  -  -      .  360,000  00 

Internal  Duties  and  Direct  Tax.  Tiie  receipts  into  the  treasury,  from  these  sources,  during  the 
present  year,  will  fully  equal  the  estimate  heretofore  made.  These  taxes  are  paid  readily  and  cheer- 
fully. '"I'lie  direct  tax  is  in  collection  in  more  than  three-fourths  of  the  districts,  and  will  shortly  be 
in  the  same  state  in  all  the  districts,  except  two  or  three,  where  the  difficulty  of  obtaining  competent 
persons  to  act  as  assessors  has  produced  some  delay.  In  several  of  the  ilistricts,  the  collection  is  al- 
ready nearly  completed.  The  amount  estimated  as  receivable  from  these  two  sources,  was  3,800,000 
dollars.  Of  this  sum,  there  was  received  prior  to  the  1st  of  July  last,  $2,189,272  40,  and  leaves  to  be 
received  during  the  remaintler  ot  the  year,  ...---      1.610,000  00 

Postage,  and  Incidental  Receipts.  These  were  estimated,  tor  the  wiiole  year,  at  550,000.  In- 
cluding repayments,  pri/.e  money,  aiui  the  arrears  of  the  former  direct  tax  and  internal  duties,  there 
was  received,  on  these  accounts,  tluring  the  first  half  of  the  year,  Jpl66,744.  These  receipts 
are  so  casual  and  uncertain,  that  it  is  diliicult  to  make  any  estimate  of  their  aniouni.  During  the  re- 
mainder of  the  year,  they  may,  perhaps,  be  expected  to  produce  ...  -  50,00000 

Total  amount  receivable  for  revenue,  .-.-.-  $4,840,000  00 


Under  the  act  of  the  24tli  of  March.  1814,  by  which  the  Fresideiil  wa^^  auilioriz.ed  to  borrow  twenty-five  milliims 
of  dollars,  a  loan  was  opened  on  the  2d  of  May.  for  ten  millions  of  dollars,  in  part  of  that  sum.  A  loan  lor  ten  mil  ■ 
lions  of  dollars  was  considered  as  mure  likely  to  prove  successful,  than  if  an  attempt  were  made  to  obtain  the  whole 
amount  of  twenty-five  millions  at  once.  The  sums  offered  for  this  loan  auumnted  to  11,900,806  dollars;  of  which 
2,671,750  dollars  were  at  rates  less  than  88  per  cent.,  and  1,183,400  dollars  at  rates  less  than  85  per  cent.  Of  the 
sum  of  9,229,056  dollars,  which  were  offered  at  88  per  cent.,  or  at  rates  more  favorable  to  the  United  States,  five 
millions  were  offered,  with  the  condition  annexed,  that  it  terms  more  favorable  to  the  lenders  should  be  allowed  for 
any  part  of  the  twenty  -five  millioiis  authorised  to  be  harrowed  the  present  year,  the  same  terms  should  be  extended 
to  those  holding  the  stock  of  the  ten  million  loan.  Taking  into  consideration  the  expectation,  then  entertained,  ol 
an  early  return  of  peace,  and  the  importance  of  maintaining  unimpaired  the  public  credit,  by  sustaining  the  price  of 
stock  in  the  meantime:  and,  also,  considering  the  measure  was  sanctioned  by  precedent,  it  was  agreed  to  accept  the 
loan  with  that  condition.  Had  the  sum  to  wliich  the  condition  was  annex(>d  been  rejected,  the  consequence  would 
have  been  to  reduce  the  amount  obtained  to  less  than  five  millions,  a  sum  altogether  inadequate  to  the  public 
demands;  or.  by  depressing  the  stock  to  85  per  cent.,  to  hive  obtained  only  a  little  more  than  six  millions,  which 
would  still  have  been  insufficient  to  answer  the  purposes  of  Government.  Offers  were  subsequently  made  to  this 
loan,  of  sums  amounting  to  566,000  dollars,  which  were  accepted  on  the  same  terms  as  the  original  offers,  and  aug- 
mented the  amount  of  the  loan  which  was  taken  to  9,795,056  dollars. 

The  papers  annexed,  under  the  letter  B,  exhibit  the  particulars  relating  to  this  loan. 

There  was  paid  into  the  treasury,  on  account  of  the  loan  of  ten  millions,  prior  to  the  1st  ol  July,  $6,067,011; 
leaving  to  be  paid,  after  that  day,  $3,708,045  .  Of  this  sum,  a  f lilure  of  payment  on  the  days  fixed  by  the  terms  of 
the  loan,  of  about  1,900,000  dollars,  has  taken  place;  and  it  is  doubtful  whether  the  payment  will  be  effected.    No 


842  FINANCE.  >  [1814. 


more,  therefore,  can  be  relied  on  towards  the  supply  necessary  for  the  third  and  fourth  quarters  of  the  year  1814, 
than  what  has  already  been  paid,  and  amounting  to  about  $1,800,000. 

Proposals  were  again  invited  on  the  2-2d  of  August,  for  a  loan  of  six  millions  of  dollars,  in  further  execution  of 
the  power  contained  in  the  act  of  the  24th  of  March,  for  borrowing  twenty-five  millions.  The  whole  amount  offered 
was  only  2,823,300  dollars,  of  which  100,000  dollars  were  at  rates  less  than  80  per  cent.,  and  2,213,000  dollars  were 
at  the  rate  of  eighty  dollars  in  money  for  one  hundred  dollars  of  six  per  cent,  stock.  The  remaining  sum  of 
510,300  dollars  was  offered  at  various  rates,  from  80  to  88.  Notwithstanding  the  reduced  rate  at  which  the  greater 
part  of  the  above  sum  was  proposed,  yet  as  the  market  price  of  stock  hardly  exceeded  80  per  cent;  as  there  was 
no  prospect  of  obtaining  the  money  on _  better  terms;  and  as  it  \vas  indispeusible  for  the  public  service,  it  was 
deemed  advisable  to  accept  the  sums  offered  at  that  rate.  Including  the  sums  offered  at  rates  more  favorable  to 
the  United  .States  than  that  here  stated,  the  whole  amount  of  tl>e  proposals  accepted  was  2,723,300  dollars;  and  a 
further  sum  of  207,000  dollars  has  been  since  accepted  at  the  same  rate;  making  the  whole  amount  taken  of  this 
loan,  2,930,300  dollars. 

The  annexed  papers,  under  the  letter  C,  relate  to  this  loan. 

Some  of  the  persons  who  originally  made  proposals  for  this  loan,  which  were  accepted,  have  since  given  notice 
;hat  they  could  not  carry  their  proposals  into  execution.  The  sums,  in  relation  to  which  this  failure  has  taken  place, 
amount  to  410,000  dollars;  and  there  can,  therefore,  be  relied  on  for  the  proceeds  of  this  loan,  only  $2,520,300. 

Moneys  having  been  heretofore  obtained  by  the  United  States  on  loan  in  Europe  upon  favorable  terms,  and  the 
punctuality  and  fidelity  with  whicli  they  were  repaid,  having  established  their  credit  there  on  a  firm  and  respecta- 
ble footing;  it  was  determined,  in  consequence  of  the  difficulties  experienced  in  obtaining  at  home  the  sums  requi- 
site for  the  public  service,  to  try  the  maiket  in  that  quarter.  To  effect  this  purpose,  the  requisite  powers  and 
instructions  have  been  given  for  negotiating  a  loan  for  six  millions  of  dollars  as  a  further  part  of  the  loan  of  twenty- 
five  millions  authorized  by  the  act  of  the  24th  of  March  last;  and,  in  order  to  facilitate  this  object,  six  per  cent, 
stock  to  that  amount  has  been  constituted  and  transmitted,  with  directions  for  its  sale,  if  that  shall  be  found  the 
most  advantageous  mode  for  obtaining  the  money.  The  result,  however,  of  this  experiment,  is  not  certain;  and  the 
proceeds,  in  case  it  should  be  successful,  will  not,  probably,  come  into  the  treasury  in  the  course  of  the  present 
year;  they  cannot,  therefore,  be  placed  among  the  resources  of  this  year.  But,  as  this  sum  forms  a  part  of  that 
which  was  authorized  to  be  borrowed,  and  which  will  be  necessary  for  the  service  of  the  present  year,  further  autho- 
sity  will  be  required  from  Congress  for  obtaining  this  sum,  by  loan  or  otherwise;  in  which  case,  the  proceeds  of  the 
negotiation  undertaken  in  Europe,  will  be  applicable  to  the  service  of  the  ensuing  year.  With  a  view  to  avoid  the 
inconvenient  increase  of  stock  in  the  market,  and  its  consequent  depreciation,  an  effort  was  made  to  obtain  tempo- 
rary loans  from  the  banks  by  special  contracts;  but  the  attempt  was  not  attended  with  success. 

The  amount  of  treasury  notes  issued  prior  to  the  1st  of  July  last,  under  the  act  of  the  4th  of  March,  1814,  was 
1,392,100  dollars.  Those  since  issued  amount  to  $1,512,300.  The  annexed  statement,  marked  E,  shows  the  parti- 
culars relating  to  these  notes;  and,  in  the  paper  marked  D,  an  account  is  given  of  those  treasury  notes  issued  under 
the  act  of  the  25th  of  February,  1813,  which  have  not  been  lieretofore  reported  to  Congress. 

There  are  now  in  circulation  near  8,000,000  of  dollars  in  treasury  notes;  of  which,  during  the  fourth  quarter  of 
the  present  year,  notes  for  more  than  four  millions  of  dollars  will  become  reimbursable.  A  part  of  them  may,  per- 
haps, be  replaced  bj'  new  notes;  but  it  is  not  believed  that,  upon  their  present  footing,  more  than  two  millions  and  a 
half  of  dollars  can  thus  be  replaced.  This  would  still  leave  more  than  six  millions  of  dollai-s  of  notes  in  circulation; 
which  the  experience  of  two  years  has  shown  to  be  nearly  as  large  a  sum,  while  the  other  circulating  paper  medium 
(if  the  country  remained  unembarrassed,  and  maintained  itself  in  the  public  confidence,  as  can,  in  their  present 
shape,  be  freely  and  easily  circulated.  Notes  of  a  smaller  denomination  than  those  heretofore  issued,  have  been 
prepared,  and  will,  probably,  by  passing  into  a  more  numerous  and  extensive  class  of  the  money  transactions  of  indi- 
'i iduals,  carry  a  greater  quantity  into  ciiculation;  there  having  been  already  issued,  since  the  1st  of  July,  treasury 
notes  ainoi:ntin§  to  1,500,000  dollars,  and  it  being  estimated  that  a  further  sum  of  2,500,000  dollars  may  be  put  in 
circulation  previously  to  the  end  of  the  present  year,  the  amount  estimated  to  be  derived  from  this  source  during 
the  third  and  fourth  quarters  of  the  year,  will  be  4,000,000  dollars. 

The  means,  then,  for  meeting  the  demands  upon  the  treasury  during  the  last  half  of  the  present  year,  as  now 
ascertained,  are  estimated  as  follows: 

From  the  revenue,       ----....-    $4,840,000 
Loans  under  the  twenty-five  million  act,  viz: 

Loan  of  ten  millions,  -------  $1,800,000 

Loan  of  six  millions,  -------  2,520,000 


4,320,000 


9,160,000 
Treasury  notes,  ---......       4,000,000 


13,160,000 
And  leave  still  to  be  obtained,    --------     11,660,000 


$24,820,000 


The  difficulties  already  experienced  In  obtaining  loans,  and  the  terms  on  which  it  has  been  found  necessary  to 
accept  them,  sufficiently  show  the  propriety  of  Congress  adopting  effective  measures  for  procuring  the  sums  still 
required  for  the  service  of  the  residue  of  the  present,  as  well  as  for  that  of  the  ensuing  year. 

The  suspension  of  payments  in  specie,  by  many  of  the  most  considerable  banks  in  the  United  States,  and  of  those 
most  important  in  the  money  operations  of  the  treasury,  has  produced,  and  will  continue  to  cause  difficulties  and 
embarrassments  in  those  operations.  The  circulating  medium  of  the  country,  which  has  consisted  principally  of 
bank  notes,  is  placed  upon  a  new  and  uncertain  footing;  and  those  difficulties  and  embarrassments  will  extend  in  a 
greater  or  less  degree  into  the  pecuniary  operations  of  the  citizens  in  general.  The  powers  of  Congress,  so  far  as 
they  extend,  will  be  required  to  be  exerted  in  providing  a  remedy  for  these  evils;  and  in  placing,  if  practicable,  the 
currency  of  the  country  on  a  more  uniform,  certain,  and  stable  footing. 

If  further  reliance  must  be  had  on  loans,  it  is  respectfully  suggested,  that  additional  inducements  shoidd  be 
offered  to  capitalists  to  advance  their  money,  by  affording  an  ample  and  unequivocal  security  for  the  regular  pay- 
ment of  the  interest,  and  reimbursement  of  the  principal  of  such  loans  as  may  be  obtained.  This  may  be  effected 
by  establishing  an  adequate  revenue,  and  pledging  the  same  specifically  for  that  purpose. 

It  is  also  submitted,  for  the  consideration  of  Congress,  whether  tre;isury  notes  might  not,  by  augmenting  the  rate 
of  inteiest  they  now  bear,  and  securing  its  payment,  as  well  as  their  eventual  reimbursement,  by  an  adequate  reve- 
nue pledged  for  that  purpose,  be  placed  on  a  footing  better  calculated,  than  at  present,  to  sustain  their  credit, 
encourage  their  cuculation,  and  answer  witii  more  certainty  the  purposes  of  Government. 

Tlie  estimates  for  the  service  of  the  year  1815  have  not  yet  been  prepared.  It  is  certain,  however,  if  the  war 
continues,  that  a  sum  will  be  required  at  least  equal  to  that  demanded  for  the  present  year;  and,  under  the  head  of 
Public  Debt,  an  additional  sum,  sufficient  for  the  payment  of  the  interest  on  the  loans  made  in  the  meantime. 
^  liy  the  plan  of  finance  which  was  adopted  at  the  commencement  of  the  present  war,  this  additional  sum  would 
oe  all  that  would  would  be  requiieil  to  be  raised,  by  new  taxes,  during  the  year  1815,  except  what  might  be  neces- 
sary to  make  good  a  deficiency  in  any  of  the  existing  revenues.  According  to  that  plan  of  finance,  the  expendi- 
tu.-es  to  be  covered  by  the  revenue  during  the  year  1815,  would  be  as  follows: 


1814.  l 


STATE    OF    THE    FINANCES. 


84:} 


Expense  of  the  peace  establislimeiit,        -  -  .  .  . 

Interest  on  the  debt,  existing  prior  to  the  war,       -  .  .  . 

Interest  on  the  debt  contracted  since  the  war,  including  treasury  notes,  and  including 
the  interest  which  will  become  payable  during  the  year  1815,  on  debt  contracted 
within  that  j^ear,  --;... 


1.900,000 


J,  600,000 


$7,000,000 


6.500,000 

$13.500.000 

The  revenues,  as  now  established,  are  estimated  to  produce,  during  the  year  1815.  the  following  sums,  viz: 

Customs. — While  the  whole  navy  of  the  enemy  is  disposable  for  the   interruption  of  our  trade,    this  source  of 

revenue  cannot  be  ver);  productive.     From  bonds  which  will  be  outstanding  at  the  ciimnieiicement  of  tlie  year 

1815,  and  from  the  duties  which  will  accrue  during  that  year,  it  is  estimated  that  there  will  be  received  into  the 

treasury,  -------...     $i. 000,000 

Sales  of  public  lands,  ........  800,000 

Internal  Duties. — These  will  all  bring  their  full  amounts  into  the  treasury  during  the  year  1815, 
and  will,  it  is  believed,  produce  a  nett  sum  of  .-..'..       •2,700,000 

Arrears  of  direct  tax  of  1814,  which  will  be  received  in  1815,  ....  000,000 

Postage,  and  other  incidental  receipts,      -----...  100,000 


Total  amount. 

And  leaving  to  be  provided. 


8.200,000 
5.300,000 

$13,500,000 


Towards  making  up  this  sum  of  5.300,000  dollars,  a  continuance  of  the  direct  tax  will,  it  is  believed,  be  necessa- 
ry; but  at  its  present  rate,  it  will  not  produce,  nett  to  the  Treasuiy,  more  than  '2,600,000  dollais. 

In  order  to  provide  the  remaining  sum  of  -2,700,000  dollars,  as  well  as  such  other  sums  as  may  be  deemed  requi- 
site for  the  objects  herein  before  suggested,  it  will  be  for  Congress  to  consider  how  far  it  would  be  expedient  to  in 
crease  this  tax,  as  well  as  the  present  internal  duties;  and,  also,  what  new  objects  of  taxation  may,  for  that  purpose, 
be  most  advantageously  resorted  to. 

But  the  plan  of  finance  above  referred  to,  assumed,  as  one  of  the  grounds  upon  which  it  tiepended.  that  loans 
mi^ht  be  annually  obtained  during  the  continuance  of  the  war.  for  the  amount  of  the  extraordinary  expenditures  oc- 
casioned by  it.  The  experience  of  the  present  year  furnishes  ground  to  doubt  w  hether  this  be  practicable,  at  least  in 
the  shape  in  which  loans  have  been  hitherto  attempted.  Nor  is  it  even  cert;iin  that  the  establishing  and  pledging  of 
revenues  adequate  to  the  punctual  payment  of  the  interest  and  eventual  reimbursement  of  the  principal  of  the  sums 
which  will  be  required  for  the  service  of  the  year  1815,  would  enable  the  tieasury  to  obtain  them  through  the  medi- 
um of  loans  effected  in  the  ordinary  way. 

With  this  view  of  the  subject,  it  is  respectfully  submitted,  whether  it  would  not  be  expedient  to  extend  the  pro- 
visions to  be  made  for  the  service  of  the  ensuing  year,  beyond    those  contemplated  in  this  plan  of  finance,  hitherto 
pursued  for  carrying  on  the  war.  so  as  to  provide,  by  means  other  than  loans,  for  at  least  a  portion  of  the  extraordi 
nary  expenditures  occasioned  thereby.    This  would  have  a  tendency  to  ensure  public  confidence,  and  preserve  and 
confirm  the  public  credit. 

The  present  state  of  our  country,  growing  out  of  the  unjust  policy  of  the  enemy,  as  well  as  the  unusual  manner  in 
which  he  prosecutes  the  war,  calls  for  new  and  extraordinary  exertions  on  the  part  of  the  nation:  and  the  means  re- 
quisite to  meet  the  expenditures  which  these  may  occasion,  ought  to  be  provided. 

The  resources  of  the  nation  are  not  exhausted;  they  are  ample,  and  the  occasion  requires  they  should  be  brought 
into  full  activity. 

The  very  expenditures  which  render  necessary  the  imposition  of  additional  taxes,  will  themselves  have  increased 
in  the  community  the  ability  to  discharge  them. 

The  promptitude  and  cheerfulness  with  which  the  present  taxes  are  paid,  afford  the  best  pledges  of  the  spirit 
with  which  the  people  will  meet  such  demands  as  the  interest  and  safety  of  the  country  may  require.  A  people  who 
have  not  only  tasted,  but  enjoyed  in  their  full  extent,  the  blessings  of  liberty  and  independence,  for  more  than  thirty 
years,  cannot  consider  any  sacrifices  too  great,  which  are  found  indispensable  to  preserve  them  inviolate. 

Those  sacrifices,  however,  which  may  be  demanded  by  the  present  crisis  in  our  afRiirs,  will  be  of  a  temporary 
nature  only;  for,  while  we  may  fairly  calculate,  that,  with  the  termination  of  the  present  contest,  the  duration  of 
which  will  ije  shortened  in  jiroportion  to  the  vigor  and  unanimity  with  which  it  is  sustained  on  our  part,  will  cease 
the  expenditures  consequent  on  a  state  of  war,  and  render  no  longer  necessary  a  continuance  of  those  extraordinary 
revenues  established  to  provide  the  supplies  requisite  for  that  object;  we  may  with  equal  confidence  rely,  that  the 
growing  revenue  arising  from  the  commerce  of  a  few  prosperous  years  of  peace,  will  be  fouiul  sufficient  to  redeem 
the  pledges  which  may  have  been  made  to  the  public  creditors,  and  thus  relieve  the  people  from  these  burthens 
which  times  of  danger  and  of  difficulties  rendered  indispensable. 
All  which  is  respectfiillv  i^ubmitted. 

G.  W.  CAMPBELL. 
Treasury  Department.  September 'iZ,  1811. 


Statement  of  Receipts  and  Paymcnis  at  the  Treasimj  of  the  United  States,  from  the  1st  of  October  to  the  ?Ast  qf 

December.  1813. 


RECEIPTS. 

Cash  in  the  treasury,  subject  to  warrant,  1st  October,  1813, 

Received  for  the  proceeds  of  the  customs. 

Arrears  of  internal  revenues,  -  -  - 

Fees  on  patents,      -  -  -  -  - 

Postage  of  letters,   .  "  '  "  ' 

Nett  proceeds  of  prizes  captured. 

Rent  of  the  United  States'  saline. 

Fines,  penalties,  and  forfeitures. 

Sales  of  public  lands,  -  -  -  - 

Repayments.  .  -  .  .  - 

Loan  of  $16,000,000,  per  act  of  8th  February,  1813, 
Loan  of  $7,500,000.  per  act  of  2d  August,  1813, 
Treasury  notes,  per  act  of  30th  June,  181-2, 
Ditto  per  act  of  SSth  February,  1813. 


101,700 
3.677,000 


3,238,043  58 

380  68 

1.470  00 

35.000  00 

129.458  06 

6,350  00 

1.003  75 

-263,049  06 

3.810  13 

1.511,875  00 

3.907.335  00 


3.778,700  00 


$6,978,752  43 


3,678,565  -26 


9,197,910  00 
$19,855,227  69 


844 


FINANCE. 


[1814. 


PAYMENTS. 


Civil  and  Miscellaneous  Expenses,  both  Foreign  and  Domestic. 


Civil  Department,  proper, 

Grants  and  miscellaneous  claims,            .  -  -  - 

Military  pensions,                     .               .  -  -  . 

Light  house  establishment,       -               -  -  -  - 

Marine  hospital  establishment,                 -  -  .  j  ,    ,,  ' 
Public  buildings  in  Washington,  and  furniture  for  the  President's  House, 
Prisoners  of  war,       -                -                - 

Road  from  Cumberland  to  the  Ohio,        -  -  -  - 

Prize  money,  ------ 

Mint  establishment. 

Trading  houses  with  the  Indians,            -  -  -  - 

Ascertaining  land  titles  in  Louisiana,     -  -  -  - 

Surveys  of  public  lands,           -               -  -  -  - 

Diplomatic  department,            _                 .  _  -  - 

Relief  and  protection  of  American  seamen. 

Treaties  with  Mediterranean  Powers,      -  -               -  - 


Military  Department, 

Naval  Department,  marine  corps,  &c. 


Interest  and  charges. 
Reimbursement  of  principal. 


Military  Expenses,  viz: 
Naval  Expenses,  viz: 
Public  Debt,  viz: 


Balance  in  the  treasury,  subjectto  warrant,  31st  December,  1813, 


$125,478  66 

23,552  03 

675  24 

7,104   15 

12,869  58 

7,000  00 

54,000  00 

11,880  03 

112,668  25 

4,516  41 

1,125  00 

1,785  00 

12,176  62 

19,017  91 

31,017  50 

10,000  00 


$1,563,762  35 
5,524,232  60 


$434,866  38 


$5,887,747  00 


1,248,145  10 


7,087,994  95 
6,196,474  26 

$19,855,227  69 


Statement  qf  Receipts  and  Payments  at  the  Treasury  of  the  United  States,  from  the  1st  of  January  to  the  30th 

June,  1814. 


RECEIPTS. 

Cash  in  the  treasury,  subject  to  warrant,  1st  January,  1814, 

Received  for  the  proceeds  of  the  customs. 

Arrears  of  internal  revenues  and  direct  taxes, 

New  internal  revenue  and  direct  tax. 

Fees  on  patents,        .  -  -  -  - 

Postage  of  letters, 

Nett  proceeds  of  prizes  captured,  -  -  - 

Fines,  penalties,  and  forfeitures, 

Nett  proceeds  of  property  seized,  supposed  to  belong  to  A.  Burr, 

Sales  of  public  lands. 

Repayments,  .  .  -  .  - 

Loanofsevenandahalf  millions,  per  act  of  2d  August,  1813, 

Do-  of  ten  millions,  per  act  of  24th  March,  1814, 
Treasury  notes,  per  act  of  25th  February,  1813, 

Do.  4th  March,  1814,  -  -  -  . 


1,070,000  00 
1,392,100  00 


4,182,088  25 

4,505  32 

2,189,272  40 

3,720  00 

45,000  00 

83,261  79 

1,230  97 

448  00 

540,065  68 

28,577  92 

3,592,665  00 
6,087,011   00 


2,462,100  00 


$5,196,474  26 


7,078,170  33 


12,141.776  00 
$24,416,420  59 


PAYMENTS. 


Civil  and  Miscellaneous  Expenses,  both  Foreign  and  Domestic. 


Civil  Department,  proper, 

Grants  and  miscellaneous  claims. 

Military  pensions. 

Light  house  establishment, 

Marine  Hospital  establishment. 

Furniture  for  the  President's  House, 

Prisoners  of  war, 

Road  from  Cumberland  to  the  Ohio, 

Prize  money. 

Mint  establishment. 

Trading  houses  with  the  Indians, 

Ascertaining  land  titles  in  Louisiana, 

Surveys  of  public  lands,    -  - 

Survey  of  the  coast  of  the  United  States, 

Payment  to  Georgia  for  Mississippi  lands. 

Bounty  to  the  owners,  &c.  of  private  armed  vessels, 

Privateer  pension  fund. 

Diplomatic  Department, 

Relief  and  protection  of  American  seamen. 

Treaties  with  Mediterranean  powers. 

Contingent  expenses  of  foreign  intercourse. 

Claims  on  France, 


Military  Expenses,  viz: 


$571,706  91 

144,194  99 

47,424  27 

66,469   12 

24,697  89 

2,000  00 

199,000  00 

26,924  57 

108,089  50 

8,1£5  44 

8,044  86 

2,757  67 

6,167  07 

3,127  50 

96,222  94 

4,300  00 

50,000  00 

37,149  26 

14,015  26 

8,300  00 

12,720  35 

2,625  00 


Military  Department, 


1,444,062  60 
11,210,238  00 


1814.] 


STATE   OF   THE   FINANCES. 


Naval  Department,  marine  corps,  &c. 


Interest  and  charges. 
Reimbursement  of  principal 


Naval  Expense n,  viz: 
Public  Dehi,  viz: 


1,539,0R0  0!» 
1,187.500  G8 


Balance  in  tlie  treasury,  subject  to  warrant,  SOtli  June,  1814, 


845 


■1,012,89!)  90 


.3,026,580  77 
4,722,6.39  32 

$(21,416,420  59 


B. 


NOTICE. 


Treasury  Deivvutment,  .^/;c;7  Ith,  1811. 


Whereas,  by  an  .ict  oC  Congress,  passed  on  the  21th  day  of  March,  1814,  the  President  of  the  United  States  is 
authorized  to  borrow,  on  the  credit  of  the  Cnited  States,  a  sum  not  exceeding  twenty-five  millions  of  doiiiirs;  and 
whereas  the  President  of  the  United  States  did,  by  ;in  act  or  commission,  under  his  hand,  datcii  the  2()th  day  of 
March,  1814,  authonze  and  empower  the  Secietary  of  the  Treasuiy  to  borrow,  on  b.^half  of  the  United  .'^tates  the 
aforesaid  sum  of  twenty-live  millions  (if  dollars,  or  any  part  thereof^  |)ursuant  to  the  art  of  Congress  above  i-eci'ted: 

Notice  is  theretore  hereby  given,  that  proposals  will  be  received,  by  the  Secretary  of  the  Treasury,  until  the  2d 
day  of  May  iiext,  from  any  person  or  persons,  body  or  bodies  corporate^  who  may  offer,  for  themselves  or  others. "to 
loan  to  the  United  States,  on  account  and  in  [lart  of  the  aforesaid  sum  of  twenty-live  millions  of  dollars,  thesuni  of 
ten  millions  of  dollars,  or  any  pait  thereof,  not  less  than  tw  enty-five  thousand  dollars. 

The  stock  to  be  i-.^ued  for  the  money  loaned,  will  bear  an  interest  of  six  per  cent,  per  annum,  payable  quarter 
yearly;  and  the  proposals  must  distinctly  state  the  amount  of  money  ottered  to  be  loaned,  antl  th(>  rate  at  which  the 
aforesaid  stock  vv-il!  be  received  for  the  same. 

The  amount  loaned  is  to  be  paid  into  a  bank  or  bard;s  authorized  by  the  treasury,  in  instalments,  in  the  foUow- 
riig  manner,  viz: 

One-fourth  part,  or  twenty-  five  dollars  on  each  hundred  dollars,  on  the  twenty-fifth  day  of  May  next. 

And  one-fourth  part  on  tlie  25th  day  of  each  <.f  the  ensuing  months  of  .lune.  July,  and  August  next. 

On  the  day  fixed  for  the  payment  of  any  ir.stalment  after  the  first,  all  the  remaining  instalments  may  be  paid. 

The  sum  loaned  is  to  be  paid  into  such  bank  or  banks  as  may  be  mutually  convenient  to  the  lender  and  to  the 
Government,  in  the  State  where  the  lender  resides,  if  desired  by  him.  The  proposals  must  state  the  bank  or  banks 
into  which  the  lender  may  desire  to  make  the  payments. 

If  proposals,  diftering  in  terms  from  one  another,  should  be  accepted,  the  optiun  will  be  allowed  to  any  persons 
whose  proposals  may  be  accepted,  of  taking  the  terms  allowed  to  any  other  iiers(in  whose  proposals  may  be  accepted. 

No  proposals  w;ill  be  received  for  a  sum  less  than  twenty-five  thousand  dollars:  but  a  commission  of  one-fourth 
of  one  per  cent,  will  be  allowed  to  any  person  collecting  subscriptions  for  the  purpose  of  incorporating  them  in  one 
proposal,  to  the  amount  of  twenty-live  thousand  dollars,  or  ujiwaiils,  provided  such  proposal  sliall  be  accepted. 

If  proposals  shall  be  made,  amounting  together  to  a  greater  sum  than  that  re(|uiret!,  the  preference  will,  on  equal 
terms,  be  given  to  those  niiule  by  persons  who  weie  subscribers  to  the  loan  of  eleven  millions,  in  the  year  1812. 

On  failure  of  payment  of  any  instalment,  the  next  preceding  instalment  to  be  forfeited. 

Scrip  certificates  will  be  issued  by  the  cashiers  oi'  the  banks  where  tlie  payments  shall  be  made,  to  the  persons 
making  the  payments;  and  the  said  cashiers  will  endorse  on  these  certificates  the  payments  of  the  several  instal- 
snents,  when  made. 

The  scrip  certificates  will  b 
(if  the  payments,  upon  presentation  i>y    uil-  |^n(i|)riL-nn.  m  ur-  v  onMuissioncr  oi  i^oans  lor  rne  ."Maie  wnere  me  p; 
ments  have  been  made. 

The  funded  stock  to  be  thus  issued,  will  be  irredeemable  till  the  .31st  day  of  December,  1826;  will  be  transfera- 
ble in  the  same  manner  as  the  other  funded  stock  of  the  United  States;  and  will  be  charged  for  the  regular  and  (juar- 
terly  payment  of  its  interest,  and  foi-  the  ultimate  reindjursement  of  its  principal,  upon  the  annual  fuiul  of  eight  mil- 
lions   '"  '  "  "" ■-■^■1  i-  — '' - '    i-.i  •     •     1        1    ■    .         ,     .-  ..      .,,.-.     .--,,,-. 


je  assignable  by  endorsement  and  delivery;  and  will  be  funded  after  the  completion 
ation  by  the  proprietor,  to  the  Commissioner  of  Loans  for  the  State  where  the  pay - 


of  doUais,  appropriated  fi)r  tlie  j)ayment  of  the  principal  am! 
manner  pointed  out  in  the  aforesaid  act  of  the  24th  of  March.  1>^M. 

GEO.  W 


inteiest  of  the  de!)t  of  the  United  States,  in  the 
CAMPBELL,  Scoreiary  of  the  Trmsury. 


Ba. 

WAsniNoTON,  nil  Ml).  .30//j,  1814. 
Respected  Friend: 

I  will  loan  to  the  Government  of  the  I'nited  States  five  millions  of  dollars,  receiving  one  hundred  dollars 
six  per  cent,  stock  for  each  eighty -eight  dollars  paid;  aiid  will  pay  the  money  in  the  proportions,  and  at  the  periods, 
mentioned  in  thy  advertisement  of  the  'lib  Aiiril,  to  their  credit,  in  such  l)anks  in  the  United  States  as  may  be  agree- 
able to  thee. 

On  the  payment  of  each  instalment,  and  satisfactory  assurances  for  tlie  payment  of  the  others,  funded  stock  l:o 
be  issued.  It  beiiig  understo  id  and  agieed,  that,  if  terms  more  favorable  to  the  loaners  be  allowed  for  any  part  of 
the  twenty-five  millions  authorized  to  be  borrowed  the  present  year,  the  same  terms  are  to  be  extended  to  this 
contract. 

The  commission  of  one  quart*  r  ofoTie  per  cent,  tnentioned  in  thy  advertisement,  to  be  allowed  me  on  theamouiit 
loaned. 

With  gieat  respect  and  esteem,  I  am  thy  assured  friend, 

JACOB  BARKER. 
MTie  Hon.  George  W.  Camiu;ei.i.,  Secrclanj  of  the  Treasury. 


am: 


nh. 


Treasury  Department,  May  2d.  1814. 


The  terms  upiin  which  the  loan  has  been  concluded,  are  as  follows,  viz: 

Eighty-eight  dollars  in  n.ioney  for  each  hundred  dollars  in  stock;  and  the  United  States  engage,  if  any  part  of  the 
sum  of  twenty-five  millions  of 'lollars,  authorized  to  be  borrowed  by  the  act  of  the  24th  of  March,  1814,  is  borrowed 
upon  terms  niore  favorable  to  the  lenders,  the  benefit  of  the  same  terms  shall   be  extended  to  the  persons  who  may- 
then  hold  the  '■tock,  or  any  part  of  it,  issued  for  the  present  loan  of  ten  millions. 
107  tt 


<^46  FINANCE.  [1814. 


V(Hii-  proposal  of  the  30tli  of  April,  1814,  for  $5,000,000  of  the  loan,  having  been  at  the  above  rate,  or  at  a  rate 
more  iavorabie  than  the  above  to  the  United  States,  has  been  accepted;  and  you  will  please  to  pay,  or  cause  to  be 
paid,  on  tiie  ^Sth  day  of  the  present  month,  into  tlie  bank  or  banks  you  have  named,  or  in.to  such  as  you  shall  name 
to  the  .Secretary  of  the  Treasury,  on  the  receipt  of  this  letter,  twenty-five  per  cent.,  or  one-fourth  part  of  the  sum 
above  stated,  pursuant  to  the  notification  from  this  department,  of  the  4th  of  April  last,  and  the  remaining  instal- 
ments on  tlie  days  fixed  in  the  said  notification.  You  will  be  pleased,  also,  on  or  before  the  25th  of  May,  to  furnish 
the  cashier  or  cashiers  of  the  bank  or  banks  where  the  payments  under  your  proposal  are  to  be  made,  with  the  names 
of  the  persons  in  whose  behalf  the  proposal  has  been  made,  and  the  sums  payable  by  each. 

The  commission  of  one-fi)urtli  of  one  per  cent,  will  be  paid  from  the  treasury  after  the  payment  of  the  first  instal- 
ment, on  the  25th  day  of  the  present  month. 

I  am,  respectfully,  &c. 

G.  W.  CAMPBELL,  Secretary  of  the  Treasury. 

Jacob  Barker,  F,sq.  Neiv  York. 

A  similar  letter  was  addressed  to  the  persons  undermentioned,  who  made  proposals  for  the  sums  set  against 
their  names,  respectively: 

$25,000 
94,000 
50,000 
40,000 

416,156 

■  -  -  -  25,000 

197,000 

25,000 

-  ,       -  67,900 

35,000 

35,300 

100,000 

35,000 

30,000 

-  -  -  -  25,000 

25,000 

150,000 
50,000 
80,000 
42,000 

500,000 

■  -  -  -  257,300 

5,000,000 

250,000 

50,000 

108,000 

28,000 

50,000 

50,000 

191,000 

71,900 

200,000 

-  -  -  100,000 

33,000 
W.  Jones,  (for  Navy  and  Privateer  Pension  Funds)  do        -  -  -  -  200,000 

Vviliiam  Whann,  Washington,    ------  42,500 

Anthony  C.  Cazenove,      Alexandria,     -----.-  30,000 

Ciuirles  B.  Cochran,         Charleston,  South  Carolina,  .  -  -  _  250,000 

David  Alexander,  do  do        -  -  -  -  -  60,000 

John  Lukins,  do  do        -  -  -  -  -  70,000 

Tliomas  W.  Bacot,  do  do        -  -  -  -  -  115,000 

James  Taylor,  Newport,  Kentucky,      ----..  25,000 


Peleg  Tallman, 

Bath,  Maine, 

- 

Levi  Cutter, 

Portland,  do 

- 

John  Woodman, 

do 

- 

Henry  S.  Langdon, 

Portsmouth,  New  Hampshire 

John  W.  Treadwell, 

Salem,  Massachuse 

tts. 

- 

Thomas  Perkins, 

do 

- 

William  Gray,       .  ■  '  ■ 

Boston, 

- 

Samuel  Dana, 

do. 

- 

Jesse  Putnam, 

do 

- 

Amos  Binney, 

do 

- 

Nathan  Waterman,  Jr. 

Providence,  Rhode 

Island, 

James  D'Wolf, 

Bristol, 

- 

John  U.  Shearman, 

Newport, 

~ 

Elisha  Tracy, 

Norwich,  Connecticut. 

Michael  Shepard, 

Hartford,            do 

- 

Abraiiam  Bishop, 

New  Haven,      do 

J  dim  Taylor, 

Albany, 

- 

Alamon  Douglas, 

Troy, 

- 

Smith  and  Nicoll, 

New  York, 

- 

Harmon  Hendricks, 

do 

- 

G.  B.  Vroom, 

do 

Samuel  Flewwelling, 

do 

- 

Jacob  Barker, 

do 

- 

Whitehead  Fish, 

do 

- 

Guy  Bryan, 

Philadelphia.    - 

- 

Thomas  Newman, 

do 

- 

Samuel  Carswell, 

do 

- 

Paul  Beck,  Jr. 

do 

- 

W'm.  Patterson  &  Sons, 

Baltimore, 

- 

George  T.  Dunbar, 

do 

- 

James  Cox, 

do 

- 

Dennis  A.  Smith, 

do 

- 

Samuel  Eliot,  Jr. 

Washington,    - 

•- 

Alexander  Kerr, 

do 

- 

.$9,229,056 


There  was  subsequently  oftered,  and  accepted,  proposals  by  the  undermentioned  persons,  for  the  following 
sums,  viz: 

William  Whann,  Washington.  .  .  .  .  -        $190,000 

Do  do  -  ■  -  -  -  -  200,000 

Robert  C.  Jennings,  Richmond.  Virginia,       -----  176,000 


$566,000 


•  NOTICE. 

Treasury  Department,  July  25,  1814. 

Notice  is  hereby  given,  that  proposals  will  be  received  by  the  Secretary  of  the  Treasury,  until  the  22(1  day  of 
August  next,  for  loaning  to  tiie  United  States  the  sum  of  six  millions  of  dollars,  or  any  part  thereof,  not  liss  than 
twenty -five  thousand  dollars,  the  same  being  in  part  of  the  sum  of  twenty-five  millions  of  dollars  authorized  to  be 
borrowed  by  the  act  of  Congress  of  the  24th  day  of  March  last. 

The  stock  to  be  issued  tor  the  money  loaned,  will  bear  an  interest  of  six  per  cent,  pei-  annum,  payable  quarter 
yearly;  and  the  proposals  must  distinctly  state  the  amount  of  money  offered  to  be  loaned,  and  the  rate  at  which  the 
aforesaid  stock  will  be  received  for  the  same. 

The  amount  loaned  is  to  be  paid  into  a  bank  or  banks  authorized  by  the  treasury,  in  instalments  in  the  follow- 
ing manner,  viz: 

One-fourth  part,  or  twenty-five  dollars  on  each  hundred  dollars,  on  the  tenth  day  of  September  next. 

And  one-fourth  part  on  tlie  tenth  day  of  each  of  the  ensuing  months  of  October,  November,  and  December  next. 

On  the  day  fixed  for  the  payment  of  the  first,  or  any  other  instalment,  all  the  remaining  instalments  may  be 
paid  at  the  option  of  the  lender.      .•        '    ,,  .  '  ' 


1814.]  STATE    OF    THE    FINANCES.  847 


The  proposals  must  state  tlie  bank  or  banks  into  which  the  lender  may  desire  to  make  his  payments:  and  he  will 
be  allowed  to  make  tlieni  accoi'ding  to  his  wishes,  thus  expressed,  in  all  cases  where  the  convenience  of  the  tre;i- 
sury  will  permit. 

The  same  teinis  will  be  allowed  to  all  whose  proposals  are  accei)ted. 

No  proposals  will  be  received  tor  a  sum  less  than  twenty-live  tliousaTid  dollars:  but  a  commission  of  one-fourth 
of  one  per  ceiit.  will  be  allowed  to  any  person  collecting  subscriptions  for  the  purpose  of  incorporating  them  in  one 
proposal  to  the  amount  of  twenty-tive  thousand  dollars,' or  upwards,  provided  such  proposal  shall  be  accepted. 

On  failure  of  payment  of  any  instalment,  the  next  preceding  instalment  to  be  forfeited. 

AH  the  instalments  must  be  paid  at  the  same  bank  as  that  at  which  the  first  instalment  shall  be  paid. 

Scrip  certificates  will  be  issued  by  the  ca.-hiers  of  the  banks  wiiere  the  payments  siiall  be  made,  to  the  persons 
making  tlie  payments;  and  the  said  cashiers  will  eiidorsi'  on  these  certificates  t!ie  imynienis  of  tlie  several  instal- 
ments when  made. 

The  scrip  certificates  will  i)e  as.-ignable  by  endorsement  and  delivery,  and  will  be  funded  alter  ihe  completion 
of  the  payments,  upon  presentation  lo  the  Commissiimer  of  ]<oans  for  the  Slate  where  the  payments  have  been  made. 

Certificates  of  liinded  stock  will  also  be  issued,  if  the  holders  of  sccij)  certificates  shall  desire  it.  for  the  am;iuni 
of  any  in^talment  paid,  after  the  payment  of  the  next  succeeding  instalment. 

The  funded  ^tock  to  be  thus  issued  will  be  irredeemiible  till  after  the  ."ilst  day  of  December,  lS-20:  will  be 
transferable  in  the  same  manner  as  the  other  funded  stock  of  the  United  State.-:  and  will  i)e  cliarged  for  the  regu- 
lar and  quarterly  payment  of  its  interest,  and  for  the  ullimate  reimbursement  of  it-  principal,  upon  tlie  annual  fund  of 
eight  millions  of  dollars  appropriated  for  the  payment  of  the  principal  and  interest  of  the  debt  of  the  I'uited  Stale- 
in  the  manner  pointed  out  in  the  aforesaid  act  of  the  24th  of  March,  ISlt. 

G.  W.  CAMPBELL,  Secretary  of  the  Trcumry. 

Ca. 

Baltimore,  .&i/^iisf  22(/,  1814. 
Sir: 

I  will  take  eighteen  hundred  thousand  dollars  of  the  six  millions  loan,  at  the  rate  of  eighty  per  cent.  The 
periods  of  payment  to  be  in  conformity  with  your  adverti-ement  for  proposals:  and  the  banks  into  wliich  the  pay- 
ments shall  be  made,  are  the  Bank  of  Pentisylvania  and  the  Mechanics*  Bank  of  Baltimore. 

I  am,  sir,  with  great  respect,  vour  obedient  servant, 

D.  A.  SMITH. 
G.  \V.  Campbell,  Esq.   Secretary  of  the  Treasury. 

Cb. 

Treasury  Department,  .^^i/^^s/ 31. s/,  IBM. 
Sir: 

That  part  of  the  loan  of  six  millions  of  dollars  for   wliich  the  proposals  were  accepted,  has  been  taken  at  the 

rate  of  eighty  dollars,  in  money,  for  one  hundred  dollars  in  stock.     Your  proposil  for dollars  being  at  that 

rate,  or  at  one  more  favorable  for  the  United  State-,  has  been  accepted,  and  you  will  be  pleased  to  make  your  pay- 
ments into  the  bank  or  banks  specified  in  your  ()roposal,  in  the  manner,  and  at  the  times  stated  in  the  public  notifi- 
cation. But  as  Some  delay,  the  cause  of  which  is  doubtless  known  to  you,  has  unavoidably  taken  place  in  advising 
you  of  the  acceptance  of  your  proposal,  the  first  payment  may,  if  your  convenience  shall  require  it.  be  made  on  the 
20th  instead  of  the  lOcli  of  September,  as  required  by  the  iniblic  notification.  This,  however,  will  not  affect  the 
subsequent  instalments,  which  are,  nevertheless,  tobe  paiilon  the  days'already  fixed,  viz,:  the  10th  day  of  the  months 
of  October,  November,  and  December. 

The  stine  causes  which  have  occasioned  a  delay  in  advising  you  of  the  acceptance  of  youi  proposal,  will  perhaps 
render  it  impossible  to  place  the  scrip  certificates  in  the  hands  of  the  cashiers  of  the  banks  where  the  paj'inents  ai'e 
to  be  made,  by  the  time  at  which  the  first  instalment  will  be  payable.     If  this  should  be   the  case,   you   will  please 
to  receive  from  the  cashier  his  receipt  for  the  amount  which  you  may  pay,  to  be  subsequently  exchanged  for  a    scrip- 
certificate,  when  those  papers  shall  be  ready  for  delivery. 

I  am,  respectfully,  sir,  your  obedient  servant, 

G.W.CAMPBELL.    Secretary  of  the  Treasury. 

The  above  letter  was  addressed  to  the  following  persons,  who  made  proposals  for  the  sums  affixed  to  their  names 
respectively,  vi/.: 

"William  Rice,                Portsmouth,  New  Hampshire,     ......  S43,O0O 

Henry  S.  Langdon,                   do.      .               .               .               .               .               .               .               .  35.000 

Amasa  Stetson,              Boston,          ........  37,000 

Jesse  Putnam,                    do.                ........  15,000 

Nathan  Waterman,  Jr.  Providence,  Rhode  Island,        ......  10,000 

John  S.  Shearman,        Newport.             do.     .                .               .                .               .               .               .  25.000 

John  Savage.                   Philadelphia,                  .......  240,000 

William  W.  Smith.            do.             ........  100,000 

William  Patterson  and  Sons.  Baltimore,          .......  70.000 

Dennis  A.  Smith,                         do.                     .......  1.800.000 

James  L.  Hawkins,                     do.                   .......  15.000 

John  P.  Van  Ness,  and  others,  Washington,    .......  201,000 

David  English,                           Georgetown,       .......  35,000 

John  Lukens,                            Charle-ton,        .......  47,300 

George  M.  Deaderick,             Nashville,          .......  50,000 

g!2. 723,300 


There  has  been  subsequently  offered,  and  accepted,  proposals  from  the  undermentioned  persons,  for  tiie  follow- 
ing sums,  viz: 
George  T.  Dunbar,        Baltimore,       ........       120.000 

Clenient  Smith,  Georgetown,    ........        97,000 

$207.000 

Of  the  persons  who  originally  made  proposals,  the  following  have  given  notice  that  they  could  not  carry  them 
into  effect: 
John  Savage,  Philadelphia,  ........    8240,000 

William  W.  Smith,  do.  .  ......       100,000 

William  Patterson  and  Sons,  Baltimore,  ......        70,000 

S 1 1 0.000 


848 


FINANCE. 


[1814. 


D. 

Statement  of  the  amount  of  Treasury  notes  issued  during  the  first  quarter  of  the  year  1814.  under  the  act  of  the 

2^th  of  Feb  ruary,  1813. 


JiEIMBURSABLE   AT 

Total  dollars. 

Boston. 

New  York. 

Philadelphia. 

1815.  January     1. 

11. 

"         21. 

February  1, 

11, 

21, 

100,000 
220,000 

400.000 
100,000 

40,000 

.50,000 

100,000 
;  ■    60,000 

450,000 
100,000 
100,000 
320,000 
40,000 
60,000 

320,000 

540,000 

210,000 

1,070,000 

E. 

Statement  of  the  amount  of  Treasury  notes  issued  dt/ri7ig  the  second  quarter  of  the  year  1814,  under  the  act  of  the 

4th  oj  March.  1814. 


REIMBURSABLE    AT 

When  reimbursable. 

New  York. 

Philadelphia. 

Baltimore. 

Wasliing'ton. 

Savaniiali. 

1815,  March  U,  - 

April       1,  - 

11,- 

"         21,  - 

May        1.  - 

"         11,- 

"          21,  - 

June.       1,  - 

11,- 

21.  - 

150.000 

125,000 
74.700 

25,000 

5,500 

1 ,000 

145,000 

29,500 

6,200 

24,500 

19,700 

100.000 

56.000 

144,000 

50,000 

KHi.OOO 

25.000 
23,000 

211.000 
75,000 

150.000 

211,000 

56.000 

274,500 

126.000 

219,700 

129,500 

106,200 

49.500 

69.700 

374.700 

231,400 

100,000 

100,000 

286,000 

1.392,100 

Treasury  Department.  February  '.id,  1815 


mr: 


In  the  report  made  to  Congress  from  tliis  Department,  on  tlie  23d  day  of  September  last,  it  was  stated,  that 
the  papers  exhibiting  a  view  of  the  revenues  of  the  United  States,  not  having  been,  at  that  time,  prepared,  owing  to 
the  early  meeting  of  Congress,  would  be  laid  bei'ore  tiiat  body  at  a  subsefiiKMit  day. 

I  have  now.  therefore,  the  lionor  to  transmit  two  statements,  marked  A  and  B.  showing  the  amount  ol  duties 
which  accrued  on  merchandise  imported,  on  tlie  tonnage  of  vessels,  passports,  and  clearances,  during  the  years  1813 
and  1813,  and  the  particular  articles  of  merchandise  subject  to  duty,  imported  in  the  year  1S13;  and  two  statements, 
marked  C.  and  Ca.  showing  tlie  quantity  of  public  lands  sold,  and  the  receipts  therefor,  in  the  State  ot  Ohio, 
Indiana  and  Illinois  Territories,  and  in  the  Mississippi  Territory,  during  the  year  ending  on  the  30th  Septeniber, 
1814;  the  whole  prepared  in  the  form  in  wliich  these  statements  Have  usually  been  presented,  in  the  annual  refioit 
on  the  state  of  the  finances  made  to  (Aingress.  from  this  Depaitinent. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  most  obedient  servant, 

„   ,       A.  .].  DALLAS. 

Tlu' Honorable  the  President  o/" /Ac  5'fH«/f.  .         '    .■  • 


A  Statement  exhibiting  tlie  aniomit  of  Duties  which  accrued  un  Merchandise,  Tonnage.  Passports,  and  Clear- 
ances: of  Debentures  isstied  on.  the  exportation  of  Foreign  Merchandise:  and  of  expenses  on  collection  of  the 
Bevenue,  during  the  years  1812  and  1S13. 


Duties  on 

Debentures 
issued. 

(iross  Hevenue. 

Expenses  on 
collection. 

Nett  Itevenue. 

Years. 

Merchandise. 

Tonnag'c. 

Passports  and 
clearances. 

1812 
1813 

$14,990,188  51 
7.379,899  31 

$155,353  00 
315.638  00 

$14,928  00 
3.640  00 

$1,542,622   19 
580.327   16 

$13,617,847  32 
(«.)7,1 18.850  15 

$475,838  95 
410,483  94 

$13,142,008  37 
6.708.366  21 

(ft.)  Gross  revenue  for  the  year  18i:;. 
Deduct  interest  and  storage. 

Gross  revenue,  per  statement  B., 


$7,118,850   15 
32.544  98 

$7,080,305   17 


1814.]  STATE    OF    THE    FINANCES.  049 


Jl  Statement  showing  the  amount  of  American  mid  Foreign  Vonimire  emphijed  in  Foreign  Trade,  for  the  year 

^S13,  an  taken  from  the  records  of  the  Treunifry. 

American  tonna<;e,  in  foreign  trade,  -----...        Tons,  237. 3H 

Foreign  tonnage,         -------....  113,8-J7 


Total  tonnage  employed  in  the  lureign  (radf  of  the  United  States,  -  -       •      .  .  351.175 


Proportion  of  foreign  tonnage  to  tiie  \vhi>!e  amount  of  tonnage  employed    in  the  foreisn   trade  of  the 

United  States.        -  -  -  -  -  -  -  .  -  .  .  48  to  100 


B. 


.'?  Stateynent  e.rhihitiiiic  the  value  (Did  quantities,  respectively,  of  nierchaiidise.  nn  vhich  duties  aclnal/i/  accrued, 
durinff  the  year  Irti:i,  {consisliuff  nft/ic  difference  l)etiveen  articles  payimr  duties,  imported,  and  those  entitled  to 
drawback,  re-exported)  and,  also,  of  the  nett  revenue  ivhich  accrued,  durinifthat  year,  f rum  duties  on  merclion 
disc,  tonnage,  passports,  and  clearances. 


ROODS  PAYING   DUTIES  AD  VALOREM. 


$33,928  10,  at  lO.i  per  cent.  -.--..  $2,991  01 

.5,825,316  51,  at  25          do.  --....  1,456.32913 

470  87,  at  15          do.  -                 -                 ■                 -                 -                 -  70  63 

1.095.287  75,  at  30          do.  ---...  328,-58633 

30,116  06.  at  40          do.  ---.-.  12.04335 


6,975,119  32 

(a)  Additional  duty,  at  2i  per  cent.   .---_-       174,377  59 


1,974,398  04 

(6)  Spirits.                1.017.608  gallon?,  at  60.1  average  per  cent.                       -                -  611,913  64 

(c)  Sugar.                31,364,276  pounds,  at    5.2             do.                    -                -                -  1.619,565  02 

((/)  "Wines,                     604.029  gallons,  at  56.2              do.                     -                 -                 -  339,521   15 

(p)  Teas.                       524,888pounds.  at  13.5             do.                    -                -                -  228.338  12 

(/)  Coffee,                 8.202.072pounds.  at  10.               do.                    -                -                -  860,253  10 

Molasses.            3,220,710  gallons,  at  10.               do.                    -                -                -  322.07100 

(5-)  All  other  articles,           -.----.  429,70451 


6,385,764  .58 


Deduct  duties  refunded,  after  deducting  therefrom  duties  collected  on  merchaiKlise, 

the  particulars  of  which  could  not  be  ascertained,  and  difference  in  calculation,     -       125,89H  68 


6,259.865  90 


Three  and  a  iialf  pei- cent,  retained  on  drawback,  -  .  .  .  .  21.017  7.1 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels,  -  -  2,513  48 

Do.      "         15i     do.  do.  do.  -  -  -       483.630  06 


^s6.143   -,i 


Nett  amount  otduties  on  merchandise.  ------  6,767.027   17 

Duties  on  tonnage,  -------      259.002  37 

Uisjht  money.  --------        56.635  13 


315,6.3H  00 

Duties  on  passports  and  clearances.    ------  3,640  00 

Gloss  revenue,  per  statement  A.         -.---..-  7.086..')05   17 

Deduct  expenses  on  collection,  -------  410.483  9( 

Nett  revenue,         ---------  6.675.821   23 

Explanatory  Statements  and  .Xotcs. 

(<0  Additional  duty— 2i  per  cent,  on  $6.975.119  32,  -  -  -     171.377  98 

Deduct  excess  of  exportation.      15  35.  -  -  -  39 


174,:i77  .■»9 

3^  per  cent,  retained  on  drawback,  -  -  -  -  78  76 

Extra  duty  of  10  per  cent,  on  merchandise  imported  in  foreign  vessels.      -  2,496  01 

SI 76.952  36 


(/;)  Spirit.-— From  grain.  -  1st  proof.  2  gallons,  at  56  cents.  -  -  1   12 

Do.  -  3d  do.  97  do.  62  do.  -  -  60  U 

Otlier  niateri:ds.  2d  do.  163,457  do,  .50  do.  -  -  .si. 728  50 

Do.  -  3d  do.  209,533  do.  56  do.  -  -  117,338  4>* 

Do.  -  4th  do.  644,635  do.  61  do.  -  -  412.566  40 

Do.  -  5th  do.  173  do.  7r.  do.  -  -  131    18 

Do.  -  6th  do.  300  do.  92  do.  ■  -  276  00 


do. 

62 

do. 

do. 

50 

do. 

do. 

56 

do. 

do. 

Gi 

do. 

do. 

7r. 

do. 

do. 

92 

do. 

do. 

d<.. 

32 

do. 

1,018.197         do.  612.102   12 

Deduct  exported,  -  5-!9         do.         32     do.  -  -  188  48 


1.017, 6t)s         (1,1.  $611,913  61 


((■)  Sugar— Hrowii.  &c.  imported.  ■  11.125  | 

Do.  do.         -  ~  29.146.623 


29.157.748  1.457,60!)  CS 


Brown.  iSic.  exporied,  -  11.126 

Do.  do.         -  -  944.SS4 


>S\.tt.  -  -  -  28.201.73si         do.  -  -  -  $1.410.0hb  9:i 


inds. 

at 

2,7 

cents. 

278 

13 

do. 

5 

do. 

-  1.457 

•,331 

15 

do. 

.)> 

do. 

27s: 

15 

do. 

ilr> 

.5 

do. 

47 

.214 

20 

do. 

_ 

- 

- 

956.010         do.  47,522  3:> 


850 


FINANCE. 


[1814. 


Explanatory  Statements  and  Notes — continued. 


(c)  Sugar — White,  clayed,  &c.  imported. 
Do.  do. 


White,  clayed,  &c.  exported, 
Do.  do. 


91,054  pounds, 
5,375,315         do. 


6,466,369         do. 


Nett, 

Brown,  clayed,  &c.  nett. 
White,      do.  do. 


id)  Wines — Malmsey,  Madeira,  &c. 
Other  Madeira,  &c. 
Burgundy,  Champaigne,  &c. 
Sherry  and  St.  Lucar,  &c. 
Claret,  in  bottles.  &c. 
Lisbon,  Oporto,  &c. 
Teneriffe,  Fayal,  Malaga,  &c. 
All  other,  not  specified. 


Deduct  exportations.  viz: 
Burgundy,      7  gallons,  at  45  cents, 
Sherry,  28        do.        40    do. 

Claret,         222        do.        35    do. 
All  other,  7,058        do.        23    do. 


748,581 
1,555,250 

2,293,831 

3,162,538 

28,201,738 
3,162,538 


do. 
do. 

do. 

do. 

do. 
do. 


at  3  cents, 
6    do. 


3     do. 
6    do. 


31,364,276         do. 


10,493  gallons, 
1,881        do. 


1,701 

78,746 

22,048 

23,784 

155,141 

317,550 


do. 
do. 
do. 
do. 
do. 
do. 


at  116  cents. 

100  do. 

90  do. 

80  do. 

70  do. 

60  do. 

56  do. 

46  do. 


611,344         do. 


7,315  gallons, 
604,029         do. 


(r)  Teas— Souchong, 
Hyson, 
Other  green. 

Extra  duty  on  importations  from  other 
places  than  India,    - 


118,743  pounds, 
92,339        do. 
314,268        do. 


at  36  cents. 
64    do. 
40    do. 


Deduct  exported  Bohea,  151  lbs.  at  24  cts. 
Do.  Hyson,  311     do.     32  cts. 


(/)  Coffee— 

Deduct  exported. 


525,350  pounds. 
462  pounds. 


524,888       do. 


9,002,990  pounds, 
800,918         do. 


at  10  cents. 
5  do. 


8,202,072    do. 


2,731  62 
322,518  90 


22,457  43 
93,315  00 


1.410,086  93 
209,478  09 


325,250  52 


115,772  43 


,478  09 


$1,619.565  02 

12,171  88 

1,881  00 

1,530  90 

62,996  80 

15,433  60 

14,270  40 

86,878  96 

146,073  00 

$341,236  54 


$3  15 
11  20 

77  70 
1,023  34 


$36  24 
99  52 


1,715  39 

$339,521  15 

42,747  48 

59,096  96 

125,707  20 

922  24 

$228,473  88 


135 

76 

$228,338 

12 

900,299 
40,045 

00 
90 

$860,253 

10 

{§;)    ALL  OTHER  ARTICLES. 


Spirits,  domestic  distilled. 

Do. 
Beer,  ale,  and  porter, 
Cocoa, 
Chocolate, 
Do. 
Sugar,  candy,     . 

Loaf, 

Other,  refined  and  lump, 
Almonds, 
Fruits,  currants. 

Prunes  and  plums, 

Raisins,  muscatel, 
Do.        other, 
Candles,  tallow. 

Wax  and  spermaceti, 
Cheese, 
Soap. 
Do. 

Tallow, 
Spice,  Mace, 

Nutmegs, 
Cinnamon, 


gallons, 

do. 

do. 
pounds, 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 


QUANTITIES. 


Excess  of 
importation 
over   ex- 
portation. 


134 

32 

11,633 

109,873 

34 

562 

473 

1,426 

351 

301,461 

40,392 

92,347 

75,607 

956,854 

738,692 

29.163 

725 

12,089 


350,497 
254 
632 
157 


Excess  of 
exportation 
over  im- 
portation. 


48,279 
22,763 


Rate 

of 

duty. 


Cents. 


14 

16 

4 

3 

6 

23 

18 

13 

4 

4 

4 

4 

4 

3 

4 

12 

14 

4 

2 

3 

250 

100 

40 


Excess  of 
duties  over 
drawback. 


4,394  72 

1   02 

33  72 

108  79 

256  68 

45  63 

12,058  44 

1,615  68 

3,693  88 

3,024  28 

38,274  16 

22,160  76 

1,166  52 

87  00 

1,692  46 


10,514  91 

635  00 

632  00 

62  80 


Excess  of 

drawback 

over  duties. 


1,931    16 
455  26 


1814.] 


STATE  OF   THE   FINANCES. 


851 


Explunutor 

J  Statements  and  Notes — continued. 

QUANTrriES. 

Hate 

Excess  of 

Excess  of 

(ir)    AI.I,  OTIIKR  AUTKI.ES. 

Excess  of 
mportation 

Excess  of 
exportation 

of 
duty. 

duties  over       drawback 
(b-awback.      over  dulios. 

over  cx- 

over  im- 

port;i1joii. 

portation. 

Cents. 

Cloves.      .                .                .                . 

do. 

28,537 

40 

11.411   80 

Pepper.     .                .                .                 . 
Do.            .                .                .                 . 

do. 
do. 

5-23,750  1 

5,811 

';il 

i;2,499  51 

Pimento.  .               .                .                . 

do. 

48^275 

8 

3,862  00 

Cassia.      .                .               .               . 
Do.            . 

do. 
do. 

42,240 

9,806 

M 

2,986  96 

Tobacco,             .               .               .               . 

do. 

2^925 

12 

351   00 

Smitt\                   .               .               .               . 

do. 

427 

20 

85   40 

\ 

Indigo.                 .               .                .               . 

do. 

219,042 

50 

109,521   00 

Cotton,                .               .                .               . 

do. 

22,356 

3 

670  68 

Do.                       .               .               .                . 

do. 

735,705 

6 

14,112  30 

Powder,  Hair.    .               .                .               . 

do. 

110 

8 

8  80 

Gun.    .               .                .               . 

do. 

557 

4 

22  28 

Do.       . 

do. 

196,206 

8 

15,696  48 

Starch, 

<lo. 

1,665 

6 

99  90 

Glue.                    .                . 

do. 

43,985 

8 

3,518  80 

Pewter  plates  and  dishes. 

do. 

38 

8 

3  01 

Iron,  Anchors  and  sheet. 

do. 

226,865 

3 

6,805  95 

Slit  and  hoop. 

do. 

1S3.739 

2 

3,674  78 

Nails.                  .               .                .                . 

do. 

206,771 

4 

)^,270  81 

Spikes.                .               .                .               . 

do. 

23,115 

2 

462  30 

Quicksilver, 

do. 

2,744 

12 

329  28 

Paints,  Ochre,  in  oil. 

do. 

1,458 

43  74 

Do.  dry.  yellow.    . 

do. 

123,328 

2 

2,476  56 

Spanish  brown. 

do. 

26,698 

2 

533  96 

White  and  red  lead. 

do. 

411,275 

4 

16,451   00 

Lead. 

do. 

68,320 

2 

1,366  40 

Seines.                . 

do. 

83 

8 

6  41 

Cordage,  Tarred. 

do. 

, 

14.358 

4 

574  32 

Do.       . 

<lo. 

. 

3,607 

2 

. 

72   14 

Untarred. 

do. 

33,561 

5 

1,678  05 

Cables. 

do. 

149,684 

4 

5,987  36 

Steel. 

cwt. 

5,424 

200 

10,848  60 

Twine. 

do. 

494 

800 

3,950  93 

Glauber  salts. 

do. 

23 

400 

91   93 

Coal. 

bushels. 

148 

5 

7  40 

Do.                     ... 

do. 

25,183 

10 

2,518  30 

Fish,  Dried  or  smoked.     . 

(juintals. 

1,381 

100 

1,381   00 

Pickled  Salmon. 

barrels. 

365 

200 

730  00 

Mackerel,    . 

do. 

199 

120 

238  80 

Other, 

do. 

2,507 

80 

2,005  60 

Glass,  Bottles,    . 

groce. 

1,879 

120 

2,254  80 

Window,        8  by  10.            .              1 

00  square  feet, 

1.883 

320 

6,025  00 

Do.                 10  by  1-2. 

do.         do. 

722 

350 

2.527  00 

Do.      above  10  by  12. 

do.        do. 

188 

450 

846  00 

Cigars. 

M. 

.3.448 

400') 
200  3 

13,662  OO 

Do. 

M. 

65 

Foreign  lime. 

casks, 

393 

100 

393  00 

Boots.                  .                . 

pair. 

146 

150 

219  00 

Shoes  and  slippers,  silk.     . 

do. 

1,576 

50 

788  00 

Morocco.  &c. 

do. 

4.814 

30 

1.144  20 

For  children. 

do. 

1,063 

20 

212  60 

Cards,  Wool  and  cotton. 

do/.ens. 

92 

100 

92  00 

Playing. 

packs. 

540 

25 

135  00 

Do."         . 

do. 

72 

50 

36  00 

Wax. 

pounds. 

1^142 

10 

• 

14!  20 

444,296  39 

14,591   88 

Deduct  excess  of"  drawback. 

14.591   88 

$429,704  51 

Treasury  Departmknt.  Register's  Office.  Junuary  30.  1815. 


JOSEPH  NOIRSE,  Urgi^ter. 


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1813. 

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48,563  29 
14,800  63 

in 

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22.583  60 

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11,294.30 

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to 
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West  of  Pearl  River, 
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FINANCE.  L1814. 


13th  CoNGiiEss.]  No.  423.  [3d  Session. 

STATE   OF   THE   FINANCES. 

COMMtlNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  OCTOBER  10.  1814. 

Mr.  Eppes,  from  the  Committee  of  Ways  and  Means,  to  whom  was  referred  so  much  of  the  message  of  the  Presi- 
dent of  the  United  States  as  relates  to  the  finances,  made  the  following  report: 

Tliat  taxes,  loans,  and  treasury  notes,  appear  to  be  the  resources  on  which  we  must  rely  for  carrying  on  the  war. 
The  product  of  the  first  cannot  be  commanded  in  time   to  meet  the  immediate  demands  on  the  treasury.    A   reli- 
ance  on  loans,  in  the  present  situation  of  this  country,  would  be  uncertain,  and  the  terms  on  which  they  could  be 
obtained,  not  such  as  to  induce  a  resort  to  them  at  the  present  moment.     Treasury  notes,  combined  with  a  system  of 
taxation,  more  extended  than  the  one  heretofore  adopted,  will,  it  is  believed,  in  the  present  state  of  bank  credit,  be 
found  to  be  a  much  better  resource.     The  \\ant  of  s<!me  medium  whicli,  resting  on  a  firm  and  solid  basis,  may  unite 
public  confidence,  and  have  a  general,  instead  ot  local  circulation,  is  now  universally  acknowledged.    The  stop- 
page of  specie  payments,  by  the  principal  banks  of  the  Middle  States,  has  embarrassed  greatly  the  operations  of  the 
treasury,  and,  by  confining  the  circulation  of  notes  to  the  limits  of  the  States  within  which  they  are  issued,  has  de- 
prived the  Government  ot  all  the  facilities,  in  the  remittance  of  money,  which  was  afforded,  while  public  confidence 
gave  to  bank  notes  a  general  circulation.     The  notes  of  New  York  and  Philadelphia,  will  not  be  received  in  Bos- 
ton.   The  notes  of  Baltimore,  or  of  the  District  of  Columbia,  will  not  answer  for  payments  in  Philadelphia.     If  by  ' 
any  new  modification,  treasury  notes  could  be  made  to  answer  the  purposes  of  a  circulating  medium,  between  the 
diilorent  States,  they  would  greatly  facilitate  the  operations  of  the  Government,   and  free  from  embarrassment  the 
transactions  of  individuals.     To  secure  their  circulation,  it  would  be  necessary:   1st.  Toissue  the  notes  in  sums  suf- 
ficiently small  for  the  ordinarv  purposes  of  society.     Sd.  To  allow  the  individual  who  holds  them,   to  fund  them  at 
ple-.isure.  at  any  of  the  loan  offices,  and  to  receive  their  amount  in  stock  of  the  United  States,  bearing  an  interest  of 
eisht  per  cent.     3d.  To  make  them  payable  to  bearer,  and  transferable  by  delivery.     4th.  To  make  tnem  receivable 
in'all  payments  for  public  lands,  and  taxes.     5th.  To  pledge,  for  the  payment  of  the  interest  on  the  amount  issued, 
so  much  of  the  interna!  duties  as  shall  be  necessary.      To  prevent  an  accumulation  of  circulating  medium,  the  United 
States  to  retain  the  power,  on  giving  six  month's  notice,  of  redeeming  them  with  specie,  or  exchanging  for  them 
stock,  bearing  an  interest  of  eight  per  cent.     If  these  provisions  are  adopted,  and  taxes  imposed,  which  shall  mani- 
fest clearly  tlie  ability  of  the  Government  to  meet  its  engagements,  our  present  difficulties  will  vanish,  confidence  be 
restored,  and  the  capital   horded  by  avarice,  or  locked  up  from  timidity,  will  be  again  restored  to  the  accustomed 
channels  of  circulation.     In  presenting  additional  objects  of  taxation,  ca?e  has  been  taken  to  select  such  as  will  bear 
equally  on  every  porti(m  of  the  community.     In  Europe,  the  price  of  agricultural  products  is  not  materially  afflicted 
by   a  state  of  war.     The  produce  of  the  earth  is  there  consumed  within  the  country,  in  peace   and  in  war.     The 
sftuation  of  the  United  Statesis  totally  different;  with  an  extensive  and  fertile  country,  and  a  small  population,  com- 
pared to  the  extent  of  our  territory,  we  have  annually  a  large  surplus  to  export  to  foreign  markets,  over  and  above 
what  is  necessary  for  consumption;  o-i  the  export  of  this  surplus,  which  is  cut  oif  by  war,  depends,  in  a  gi-eat  de- 
gree, the  ability  of  the  farmer  to  meet  taxes.  While,  however,  war  depresses  the  agricultural  interest,  it  gives  vigor 
to  various  manufactures.  By  destroying  all  foreign  competition,  the  war  has  brought  many  of  these  manufactures  to  a 
state  of  perfection,  which  will  secure  their  successful  prosecution,  even  after  peace  shall  be  restored.  In  times  of  real 
difficulty  and  danger,  we  must  appeal  to  the  patriotism  of  every  class  of  our  citizens.     These  establishments,  under 
the  fosteiing  hand  of  the  Government,  have  grown  to  maturity,  and  will  not  hesitate  to  bear  with  the  agricultural  in- 
terest, their  portion  of  the  taxes  necessary  to  maintain,  unimpaired,  that  character  for  punctuality  and  good  faith, 
for  which  tlie  American  Government  has  heretofore  been  distinguished.     Several  of  these  manufactuies  have  been 
selected  as  proper  subjects  of  taxation,  and    it  is  proposed  to  unite  with  the  taxes,  a  pledge  of  the  public  faith,  for 
the  continuance  of  the  double  duties,  until  the  tax  shall  be  repealed.     The  committee  deem  it  unnecessary,  at  pre- 
sent, to  present  any  view  of  the  expenditures  for  the  next  year,  reserving  a  report  on  that  subject,  until  the  estimates 
from  the   treasury  shall  be  forwarded.     Confining,  therefore,  this  report  to  the  additional  taxes  necessary  for  the 
support  "f  the  public  credit,  they  submit  the  following  resolutions: 

1.  Brsolved.  That  it  is  expedient  to  continue  the  direct  tax.  and  to  increase  the  same  fifty  per  cent. 

0.  Bc:olve(l,  That  it  is  expedient  i^  increase  the  duty  on  spirits  distilled,  by  an  additional  duty  of  twelve  and  an 
half  cents  on  the  gallon. 

3.  Resolved,  That  it  is  expedient  to  add  one  hundred  per  cent,  to  the  present  duty  on  sales  at  auction. 

4.  Resolved,  That  it  is  expedient  to  add  fifty  per  cent,   to  the  present  duty  on  the  conveyance  ofpspeis  and 

letters. 

5.  Resolved,  That  it  is  expedient  to  impose  a  duty  on  the  following  articles,  viz,:  manufactured  tob;icco  and  snuff, 
in  the  hands  of  the  manufacturer,  candles  of  tallow  and  spermaceti,  hats,  cotton  yarn,  spun  by  the  aid  of  machine- 
ry, worked  by  steam  or  water,  leather,  pig  iron,  castings,  bar,  rolled,  and  slit  iron,  and  on  nails  made  by  the  aid 
of  machinery.  On  furniture  above  a  certain  value,  except  beds,  bedding,  and  articles  of  domestic  manufacture,  in  the 
hands  of  the  owner:  beer,  ale  and  porter,  in  the  hands  of  the  manufacturer:  boots  and  shoes,  above  a  certain  price,  in 
the  hands  of  the  manufacturer:  on  plated  harness,  in  the  hands  of  the  owner;  on  vats,  for  the  manufacture  of  paper; 
on  siiddles  and  bridles,  above  a  certain  piice,  in  thehands  of  the  manufacturer;  on  gold  and  silver  watches,  in  the 
hands  of  die  owner;  on  pleasure  liorses,  kept  exclusively  for  the  saddle  or  carriage:  on  playing  cards,  and  on  lotteries. 

Estimate  of  tlie  amount  of  the  proposed  increase,  and  of  the  new  duties: 
Fifty  per  cent,  on  the  direct  tax,  ---------        $1,500,000 

Additional  duty  on  distilled  spirits,          ' .          " .          "            "            "             "            "            '  3,000,000 

One  hundi'ed  per  cent,  on  the  present  auction  duties,                   ------  150,000 

Ffty  per  cent,  on  postage.               -..---.---  250,000 

Manufactured  tobacco,  and  snuff,  10,000,000  of  pounds,  averaged  at  four  cents,            -            -            -  400,000 

Candles,  of  tallow,  6,000,000  pounds,  at  two  cents,         -------  120,000 

Spermaceti,  and  white  wax,  400,000  pounds,  at  ten  cents,          ------  40,000 

Hats,  on  beavei-,  one  dollar,  castors,  seventv-five  cents,  and  rorunis,  twenty-five  cents,  payable  by 

manufacturers,             -             -             •    "         -             -             -             -            .-             -             -             -  600,000 
Cotton  yarn,  spun  by  aid  of  machinery,  worked  bv  steam  or  water.  400,000  spindles,  at  twenty-five 

cents,               -------------  100,000 

l,eatlier,  soal,  neats.  harness,  calf,  hoise  and  hog,  kip  and  seal  skin,  18,000,000  pounds,  averaged  at 

three  cents,                  -            -            -          "-            -                         -            -            -            -     ,       -  540,000 

Goat  and  sheep  skins,  tanned  with  shoemack,  or  otherwise  to  resemble  Spanish  leather,  at  fifty 

cents  the  dozen,  and  all  other  skins  tanned  or  dressed  with  allum,  averaged  at  three  cents 

per  pound,                    .--.--.----  60,000 

Iron.  300,000  tims  pig,  at  one  dollar.        ---------  300,000 

100,000  tons  of  castings,  at  one  dollar  and  fifty  cents,        ------  150,000 

100,000  tons  of  bar,  rolled  and  slit,  at  one  dollar,               ------  100,000 

On  beer,  ale  and  porter,  6,000,000  gallons,  at  one  cent,               -           -           -            -           -            -  60,000 


1814.] 


DIRECT    TAX    AND    INTERNAL    DUTIES. 


855 


furniture, 
Possessing  between 


Furniture  tax,  excluding  beds,  bedding;,  kitchen  lurnituiv,  carpets,  and  curtains  of  domestic  man- 
ufacture, and  laindy  pictures,   and  excluding  al>o  fmin  tlie  opcratioii  of  tlie  tax,  every  person 
whose  turniture,   exclusive  of  the  above  articles,  (hies  not  amount  to  two  hundred   dollars. 
Ihe  estimate  is  made  on  a  supposition  that  tiie  I'liitcd  States  contains  800,000  families. 
Famdies  exempt,  as  possessing  less  than  two  hundred  dollars  worth  of 

25!),000   exempt. 

200  and       100  dollars,  -  -  .■?00,000 

400  and      (100  dollars.  -  -  100,000 

600  and   1,000  dollars,  -  -  75,000 

I.OOO  and    1,500  dollars,  -  -  -25,000 

1,500  and  2,000  dollars,  -  -  15,000 

2,000  and  :?,000  dollars.  -  -  10,000 

3,000  and    1,000  dollars,  -  -  10,000 

4,000  and  (J.OOO  dollars,  ■  -  10,000 

6,000  and  9,000  dollars,  -  -  5,000 

9,000  dollars. 


1  dollar, 

1  50  cents. 

■i  ilollars, 

6  dollars, 

10  dollar.-,, 

17  dollars, 

•2H  dollars, 

45  dollars, 

75  doliai>, 


1,000  100  dollars, 


Above 

Boots,  white  top  and  full  dress  military  boots,  100, Ooo  pair,  at  .seventy-five  cents. 

Other  boots,  or  bootees,  of  the  value  of  eight  dollars,  250,000  pair,  at  fifty  cents. 

Boots,  or  bootees,  not  less  than  five  dollars  in  value,  and  not  exceeding  eight,  500,000  pair,  at 
twenty-five  cents,  ------..._ 

Fine  shoes,  above  the  value  of  one  dollar  .seventy  five  cents,  1,000.000  pair,  at  ten  cents. 

Plated  harness,  in  the  hands  of  the  owners,  50,000  pair,  at  two  dollars. 

On  the  manufacture  of  paper,  on  vats  exclusively  employed  in  making  while  paper,  fifty  dollars;  (m 
vats  employed  in  making  part  white,  and  part  brown,  thirty  dollars;  on  vats  exclii.^ively  ein- 
ployeil  in  making  brown  paper,  fifteen  dollars,  ---... 

On  nails,  made  by  the  aid  of  machinery, -20,1)00,000,  at  one  cent,  -  -  .  . 

On  saddles,  under  ten  dcjllars  value,  fifty  cents;  over  ten,  and  under  fifteen,  seventy-five  cents; 
and  above  the  value  of  fifteen  dollais,  one  dollar,       ■■■-.... 

On  bridles,  of  less  value  than  two  dollars,  ten  cents:  two  dollars,  and  utider  five,  twenty  cents: 
five  dollars,  and  under  ten,  lorty  cents;  above  ten  dollars,  (uie  dollar,        -  -         *   - 

Pleasure  horses,  kept  exclusively  for  the  saddle,  one  dollar:  liorses  kept  exclu.sively  for  the  car- 
riage, one  dollar  and  fifty  cents,  ----..... 

Gold  watches, -250,000,  at  two  dollars,  ----... 

Silver  watches,  250,000,  at  one  dollar,       ------.. 

Playing  cards,  400,000  packs,  at  twenty-five  cents,  -.--.. 

liOtteries,  a  per  cent,  on  the  amount,        -..----.. 


s;<oo,ooo 

150,000 
225,000 
150,000 
150,000 
170,000 
280,000 
450,000 
:)75,O0O 
10,000 
75.000 
1-25,000 

125,000 
100,000 
100,000 


30,000 
200,000 

100,000 

100,000 

150,000 
500,000 
250,000 
100,000 
50,000 


Add  the  revenue  for  1815,  as  estimated  by  the  Secretary  of  the  Treasury, 
Makes  for  1815,  a  revenue  of         --_-.. 


11,635,000 
10,800,000 

$22,435,000 


13th  Congress.] 


No.  424. 


DIRECT  TAX   AND    INTERNAL  DUTIES. 


[3d   S 


F.SSlON. 


COMMUNICATED  TO  THE  HOL'SE  OF  REPRESENTATIVES,  OCTOBER  15,    1814. 

Treasury  Department,  October  13,  1814. 
Sir: 

In  obedience  to  the  resolutions  of  the  House  of  Representativ  es,  of  the  10th  instant,  I  have  the  honor  to  trans- 
mit (he  accompanying  statements. 

Incompliance  with  the  first  resolution,  the  statement  A  is  rendered,  showing  the  amount  of  the  valuations  of 
lands,  dwelling  houses,  and  slaves,  and  the  assessinents  founded  upon  them,  as  made  under  the  acts  of  July  2-2d,  and 
August  2d,  1813,  so  far  as  returns  have  been  received  at  the  treasury. 

The  statement  B  furnishes,  as  far  as  the  materials  existing  at  the  treasury  admit,  the  information  required  by  the 
second  resolution.  In  the  collection  districts  in  regard  to  which  no  information  is  given,  either  the  assessment  is  not 
ascertained  to  have  been  completed,  or  hat  been  so  recently  completed,  as  to  have  allowed  little  time  i\>v  collecting 
the  tax.  The  sums  annexed  to  those  districts  in  which  the  collection  is  completed,  or  in  progress,  are  the  amounts 
ascertained  to  have  been  received  by  the  collectors.  As  the  returns  of  the  collectors,  made  in  the  month  of  Septem- 
ber, have  been  but  partially  received,  and,  as  in  that  month,  the  collections  appear  to  have  been  made  with  great 
activity,  a  much  larger  aggregate  amount  than  that  stated,  is  believed  to  have  been  received. 

The  statement  C  furnishers,  as  far  as  the  accounts  rendered  admit,  the  information  required  by  the  third  resolu- 
tion. These  accounts  do  not  supply  the  materials  for  a  statement  in  which  the  amount  actually  received  on  account 
of  each  duty  can,  at  present,  be  exhibited. 

'Fo  comply  the  more  fully  with  the  scope  ol  the  resolution,  two  views  ate  presented;  the  first,  of  the  amounts  of 
the  several  internal  duties,  distinctly  exhibited,  that  have  accrued  for  tiie  two  first  quarters  of  the  present  year,  in 
each  collection  district,  so  far  as  returns  have  been  made  by  the  collectors;  the  second,  of  the  aggregate  amounts  of 
duties  ascertained  on  the  10th  of  October,  1814,  to  have  been  received  in  each  State  or  territory,  the  former  being  de- 
lived  from  quarterly,  and  the  latter  from  monthly  returns  made  by  the  collectors.  In  those  districts  from  which  the 
returns  for  the  two  quarters  have  not  been  receivetl,  the  pet  iod  of  time  for  which  returns  have  been  rendered  is  stated. 
Monthly  returns  have  been  received  from  all  the  collection  districts,  except  the  first  of  Louisiana,  in  which  there  i^ 
yet  no  collector. 

I  have  the  honor  to  be,  sir,  your  obedient  servant, 

SAMUEL  H.  SMITH,  .1cti7ig  Secretary  of  the  Treasury. 
Honorable  the  Speaker  of  the  House  of  Representatives. 


858 


FINANCE. 


[1814. 


A. 

Statement  exhibiting  the  amount  of  the  valuations  of  Lands,  Dwelling  Houses,  and  Slaves,  in  the  several  col- 
lection districts  luithin  the  United  States,  and  the  assessments  founded  thereon,  as  made  under  the  acts  of  July 
22(/,  and  August  2d,  1813,-  so  far  as  the  same  have  been  received  at  the  ^Treasury,  on  the  X'ith  day  of  October, 
1814. 


Note. — The  States  of  New  Jersey,  Pennsylvania,  Virginia,  South  Carolina,  Georgia,  Oliio,  and  Kentucky, 
having  assumed  the  payment  of  the  direct  tax,  under  the  act  of  August  2,  1813,  the  valuations  have  not  been  made 
in  those  States. 

NEW  HAMPSHIRE. 


CoUec 
tion  dis- 
tricts. 

COUNTIES. 

\'aIuations,  as  re- 
vised and  equal- 
ized by  the  prin- 
cipal assessors. 

Rate  of  assess- 
ment, per  100 
dollars. 

Quota  as  as- 
sessed. 

DOLLARS. 

CTS.    MILLS. 

DOLLS.  CTS. 

1 
2 
3 

4 

^{ 

Rockingham,       ....... 

Strafford, 

Hillsborough,      ....... 

Cheshire,              ....... 

Grafton,               ....... 

Coos,                   ....... 

Total, 

11,829,150 
6,002.339 
8,761,860 
6,245,410 

3,526,788 
593,278 

21      5 
29     5 
23     1 
31     0 
34     0 
40     0 

25,396  16 
17,729  86 
20,219  70 
19,342  71 
11,991  21 
2,369  13 

36,957,825 

26    2 

97,048  76 

MASSACHUSETTS. 


1 

Washington,       ....... 

1,149,965 

33 

0 

2,644  89 

2 

Hancock,  (no  returns.) 

3 

I^incoln,  (no  retuins.) 

4 

Kennebeck,         ....... 

4,865,110 

20 

0 

9,730  32 

5 

Somerset,             ....... 

1,814,160 

20 

0 

3,628  33 

6 

Oxford,                 ....... 

2,420,831 

33 

0 

5,567  91 

7 

Cumberland,       ....... 

4,671,125 

38 

9 

15,835  11 

8 

York,                   

6,131.695 

23 

2 

14,202  56 

9 

Essex,                  ....... 

14,896,722 

28 

0 

41,668  04 

10 

Middlesex,  (no  returns.) 

11 

Suffolk,  (no  returns.) 

12 

Norfolk,  (no  returns.) 

13 

Plymouth,            ....... 

8,056,417 

18 

0 

14,478  33 

14 

Bristol, 

8,584,239 

17 

0 

14,585  61 

r 

Barnstable,          ....... 

2,986,365 

22 

0 

6,569  68 

15    < 

Dukes,                ....... 

523,100 

22 

5 

1,176  88 

(^ 

Nantucket,         ....... 

1,353,666 

36 

4 

4,930  93 

16 

Worcester,  (no  returns.) 

17 

Hampshire,  Hampden,  and  Franklin,  (no  returns.) 

18 

Berkshire,  (no  returns.) 

Total, 

VERMONT. 


•{ 

Bennington,        ....... 

2,915,793 

28 

8 

8,396  69 

Rutland,              ....... 

4.383,852 

32 

3 

14,039  36 

3 

Windham,          ....... 

3,959,431 

30 

0 

11,878  29 

=  f 

Windsor,             ....... 

5,205,781 

30 

0 

15,567  31 

Orange,               ....... 

3.617,608 

32 

7 

11,820  64 

^? 

Addison,  (no  returns.) 

Chittenden,  (no  returns.) 

'? 

Franklin,             .            .            .            .            .            .'           . 

Grand  Isle,          ....... 

1.606,929 

36 

7 

5,890  40 

453,097 

34 

3 

1,553  37 

Caledonia.           ....... 

2,018,077 

38 

0 

7.668  69 

6   j 

P>ssex,                 ....... 

463,166 

26 

0 

1,198  23 

^ 

Orleans,              ....... 

Total, 

955,359 

22 

3 

2,130  14 

■.    ■'    .. 

1814.] 


DIRECT    TAX    AND    INTERNAL    DUTIES. 


857 


RHODE  ISLAND. 


Collec- 
tion dis- 
tricts. 


Newport, 

Bristol, 

Providence, 

Washington, 

Kent, 


COUNTIES. 


'I'otal, 


Vaiu.itions,  as  re- 
vised and  equal- 
ized by  ihe  ])rin- 
cipal  assessors. 


DOLLAR.S. 


.5,lI!),74-2 
I,!)55,091 
8,111,0-28 
3,5-25. 7.0-2 
•2,592,407 


21,567,020 


Hate  of 

issess- 

nieiif,  p 

er  100 

dollai-s. 

TT.S.  MILLS. 

15 

7} 

1-2 

2i 

17 

:j 

15 

c 

17 

0 

IG 

I 

Quota  as  xs- 
sesscd. 


DOLLS.   CTS. 


8,056  00 

2.:J95  18 

ll.filO  60 

5.391  00 

4,295  00 


31,750  78 


CONNECTICUT. 


Tiitchfield, 
Fairfield, 
New  Haven, 
Hartford, 
New  London, 
Middlesex, 
Windham, 
Tolland, 


Total, 


11,65-2,805 

1.3,953,896 

13,681, -230 

17.b39.379 

9,8-30.080 

6,890,700 

8,602.650 

4,109,293 


S6,.550,033 


16  4 
13  5 

12  3 
11  0 

13  6  A 
13  2 

17  0 
17  0 


13     Gi 


19.094  47 
18.837  74 
16,818  43 
19.6-23  45 
13.404 

9,091 
14.625 

6,986 


35 
42 
25 
19 


118,484  30 


NEW  YORK. 


■^^ 

Suffi.lk, 

6,372,738 

14 

2 

9,048   19 

Queens,                 ....... 

5,092,884 

IS 

o 

9,272  28 

kings.                   ....... 

2..388.106 

29 

1 

6,950  42 

2 

New  York,          ....... 

50.625,975 

22 

0 

111,377  24 

3 

Westchester,      ....... 

11,903.371 

11 

o.i 

13,149  22 

4 

Dutchess,  (no  returns.) 

'? 

Orange.                ....... 

7.399.874 

20 

3 

15.035  82 

Rockland.            ....... 

2,288,063 

11 

/ 

2,691   00 

«^ 

Ulster,  (no  returns.) 

Sullivan,  (no  returns.) 

7 

Schoharie,  (no  returns.) 

8 

Columbia.             ....... 

9.923,467 

14 

8 

14,695  71 

9 

Rensselaer,          ....... 

8,9,39.778 

17 

0 

15,195  54 

10 

Washington,        ....... 

8,597,249 

18 

■2 

1.5,661    67 

n 

Saratoga,  (no  returns.) 
Essex,  (no  returns.) 

12   < 

Clinton,  (no  returns.) 
Franklin,  (no  nturns.) 

u{ 

Albany,  (no  returns.) 

Schenectady,  (no  returns.) 

14 

Montgomery,      ....... 

9,815.930 

17 

0 

16.685  08 

15 

Herkimer,  (no  returns.) 

16 

Oneida,  (no  returns.) 

r 

Lewis,                  ....... 

1,621,026 

12 

1 

1.962  69 

17   ] 

Jefferson,              ....... 

3.513,673 

13 

'2 

4.6-29  .53 

^ 

St.  Lawrence.     ....... 

2.611.044 

11 

.") 

3.007  .35 

18 

Otsego,                 ....... 

6,494,89s 

IS 

0 

11.691   65 

19 

Chenango,  (no  returns.) 

20 

Madison,              ....... 

Tioga,  (no  returns.) 

4,185.155 

17 

8 

7,447  0-2 

21    j 

Broome,  (no  returns.) 
Steuben,  (no  returns.) 

22    1 

Onondaga,            ....... 

3.333.560 

23 

5 

7,891    98 

Cortlandt,            ....... 

1,648.470 

13 

3 

■2,197  92 

23    S 

Cayuga, 

Seneca,                ....,-• 

5.501.403 

16 

9 

9,290  00 

3,720,885 

13 

4 

5.000  00 

24 

Ontario,               .....•■ 
Genesee,  (no  returns.) 

11,376,266 

12 

6 

14,331    13 

25   < 

Niagara,  (no  returns. ) 

.\lleghanv.  Chautiuque,  and  Cattaraugus,  (no  returns.) 

26 

Richmond.           .....•• 

727.437 

31 

0 

2,253  74 

27 

Green,                 ....-■• 

3,966,093 

19 

8 

7,857  01 

28 

Delaware,  (no  returns.) 

Total, 

858 


Collec- 
tion dis- 
tricts. 


FINANCE. 


[1814. 


DELAWARE. 


COUNTIES. 


Newcastle, 

Kent, 

Sussex, 


Total, 


Valuations,  as  re- 
vised and  equal- 
ized by  the  prin- 
cipal assessors. 


DOLLARS 


8,872,021 
2,774,361 
2,715,087 


14,361,469 


Rate  of  assess- 
ment, per  100 
dollars. 


CTS.    MILLS. 


13     0,\ 
39     0 
34     0 


22 


Quota  as  as- 
sessed. 


MARYLAND. 


DOLLS.    CTS. 

12,243  35 

10,820  03 

9,231   29 


32,294   67 


Somerset,  (no  returns.) 

Worcester,  (no  returns,) 

Dorchester,  (no  returns.) 

Talbot, 

Queen  Ann, 

Caroline. 

Kent, 

Cecil, 

Harford, 

Baltimore,  (no  returns.) 

Anne  Arundel, 

Prince  George, 

Calvert,  (no  returns. ) 

St.  Mary's,  (no  returns.) 

Charles,  (no  returns. ) 

Montgomery, 

Frederick, 

Washington, 

Alleghany, 


Total, 


4,066,605 
3,688,492 
1,258.934 
3,338,300 
3,335,167 
3,650,450 

7,054,140 
6.111,349 


6,658,105 
20,491,726 
14,821,391 

1,344.725 


10  2i 

15  3/^ 

18  0 

12  7 

17  9 

14  7 

14  0 

12  6 


7  7 

6  9^ 

5  0 

16  5 


4,175  16 
5,670  77 
2,269  48 
4,235  61 
5,964  75 
5,365  07 

9,865  07 
7,695  09 


5,121   95 

14,194  54 

7.410  69 


NORTH  CAROLINA. 


' 

Currituck. 

Camden. 

Pasquotank. 

1  < 

Perquimans. 

Gates. 

Chowan. 

• 

. 

Hertford. 

r 

Bertie,     ........ 

2,549,116 

20     7 

5,276  63 

'{ 

Martin,    . 

•1,093,445 

21     4 

2,339  97 

Northampton,     . 

2,915,203 

23     2 

6,763  27 

I 

Halifax,  . 

4,039,587 

19     2 

7,756   U 

Washington, 
Tyrrel.    . 

653,328 
490,172 

28     4 
28     4 

1,856  02 
1,391   62 

3  < 

Hyde,      . 

1,218,413 

19     6 

2,389  48 

Pitt, 

-2,312,365 

15     2 

3,511  60 

Edgecomb, 

3,036,354 

20     0 

6,097  09 

Beaufort, 

1,335,756 

21     2 

2,825  55 

Green,     . 
Craven,  . 
Carteret. 

1,104,155 

2,521,908 

653,192 

15     0 
22     1 
21      1 

1,649  60 
5,566  54 
1,378  41 

4  < 

Jones, 
Lenoir,    . 
Johnston, 

1 ,220,494 
1,326,391 
1,408,680 

18     4 
16     5 
23     2 

2,243  61 
2,187  37 
3.258  37 

^ 

Wayne.              ..... 

1,755,119 

17     3 

3,037   13 

Warren. 

Franklin. 

5  < 

1 

Nash. 

I 

(iranville. 

Onslow,   ........ 

1,161,736 

19     2i 

2,237  15 

New  Hanover,   . 

. 

2,469.684 

27     1 

6,695  76 

Duplin,    . 

1,-508,160 

21     5 

3,248  22 

6^ 

Sampson, 
Brunswick, 
Hladen,  . 

1.206.578 
1,051,150 
1,073,861 

24  5 
19     0 

25  2 

2,952  90 
1,993  67 

2,707  78 

I 

Columbus, 

355,849 

34     8 

1,241  57 

1814.] 


DIRECT   TAX    AND    INTERNAL   DUTIES. 


859 


NORTH  CAROLINA— continue.l. 


Collec- 

N'uliiations as  lo- 

1 

tion 

visedand  oqual- 

Rati-  of  :LSsess- 

Quota  a.s  as- 

districts. 

COUNTIES. 

ized  by  the  prin- 
cipal assessors. 

ment,  per   100 
dollars. 

sessed. 

nou.ARs- 

CTS.  MILLS. 

DOLLS.   OTS. 

r 

Cumberland,       ....... 

2,ir)9,22r. 

20     0 

5.03S  84 

Robison.  . 

900,081 

37     0 

3,323   14 

7  < 

Montgomery, 

974,927 

29     5 

2,875  03 

Richmond. 

850,014 

28     0 

2,383  39 

Anson,    . 

1 ,070,7.')0 

20     0 

2,792  27 

•- 

Moore,     . 
Wake,    . 

003,923 
3.170,008 

39     5 
20     4 

2,397  92 
0,452  95 

8   j 

Orange,  . 
Person,    . 

3,105,197 
1,115,094 

23     3 
25     0 

7,370  22 

2.850  57 

r 

Rockingiiam. 
Caswell. 

1 

9  < 

{ 

Guilford. 

Stokes. 

c 

Rowan. 

'"1 

Randolph. 
Chatiiam. 

liincoln,  ........ 

1,880,077 

30     0 

5.720  63 

11  j 

Mecklenburg,     . 
Cabarras, 

2.103,319 
930,275 

25     4 

28     4 

5.538  33 
2.037  22 

r 

Buncombe, 

907,881 

31     5 

2,860  48 

12  i 
I 

Haywood, 

2.53,330 

31     7 

806   18 

Burke,    .... 

1,183,930 

23      1 

2,704  92 

Rutherford, 

1,418.372 

27     0 

3,917  53 

r 

Surry,     .... 

1,138.777 

30     0 

3,415  08 

'M 

Wilkes 

730.017 

25     0 

1.842  57 

Iredell,    . 

1.208,482 

30     1 

3.810  78 

L 

Ashe, 

251.555 

30     0 

754   11 

Total 

TENNESSEE. 


r 
1 

Washington. 
Sullivan. 

1  < 
1 

Greene. 
Hawkins. 

L 

Carter. 

r 

Claiborne.           ....... 

324,960 

47     5 

1,545   10 

Granger,             ....... 

728,903 

28     3 

2,061    90 

Jefterson,             ....... 

999.073 

23     0 

2.354    11 

2  < 

Knox,      ........ 

1,020,827 

19     8 

3,201   90 

Cocke,     ........ 

427,248 

38     8 

1.659  61 

Sevier,    .            ....... 

383,231 

38     6 

1.480  90 

L 

Blount,    .            .            ...            ... 

808.382 

35     2 

2,846  99 

r 

Anderson. 
Campbell. 
Roan. 
Bled  so. 

■■!  < 

Rhea. 
Overton. 
White. 
Warren. 

Franklin. 

r 

Smith. 

1 

•i  < 

1 

Jackson. 
Sunmcr. 

I 

Wilson. 

r 
1 

Davidson. 
Williamson. 

5  < 

Rutherford. 
Bedford. 

Lincoln. 

r 
1 

Maury. 

Giles. 

Kickman. 

e< 

Humphreys. 

Stewart. 

Dixon. 

L 

Montgomery. 
Robertson. 

Total, 

LOUISIANA— No  returns. 


800 


FINANCE. 


[1814. 


B. 


A  statement  of  the  ammmts  of  the  Direct  Tax,  ascertained  on  the  lOth  of  October,  1814,  to  have  been  received  ky 
the  Collectors,  tvith  those  paid  into  the  Treasury  by  the  assuming  States. 


Collection  districts. 

DOLLS.       CTS. 

DOLLS.       CTS. 

New  Hampshire,                -            -            -           - 

1 

16,754  55 

2 

6,646  60 

3 

4 

15,987  24 

5 

11,945  70 

51,334  09 

Massachusetts,       -           -           -           - 

1 
8 
3 

1,105  40 

4 

3,873  17 

5 

3,983  03 

6 

7 

11,635  25 

8 

7,480  87 

9 

26,780  01 

10 

14,744   12 

11' 

13 

12,059  72 

13 

5,685  79 

14 

7,946  55 

15 

4,533  45 

' 

16 

17 

' 

18 

9,314  73 

108,143  09 

Vermont,    ------ 

I 

16,386  00 

3 

3,120  15 

3 

24,344  99 

4 

12,500  00 

\ 

5 

6 

8,950  47 

65.301   61 

Riiode  Island,.    "    - 

1 

7,212  98 

\^\^  \%^\f    M.            ^#    ■. 

3 

10,977  31 

3 

3,221  46 

21,411   75 

CoRuecticut,           _             -             -             _             _ 

1 

11,485  25 

2 

18,434  84 

3 

15,539  87 

4 

15,759  79 

5 

11,612  00 

6 

8,042  00 

7 

19,747  24 

100,620  99 

New  York,.               -                -                _                . 

1 

14,319  66 

2 

86,516  74 

3 

12,276  50 

4 

9,091   66 

5 

15,520  00 

6 

7 

8 

11,894  74 

9 

13,612  88 

10 

5,000  00 

11 

6,480  74 

12 

13 

13,468  21 

/ 

14 

13,886  03 

15 

1« 

17 

3,233  61 

18 

19 

1,322  56 

20 

3,884  29 

21 

22 

3,306  00 

23 

4,412  01 

24 

S5 

26 

2,253  74 

87 

5,901    16 

98 

2,124  42 

^ 

l)e!awar*< 

t38,505  03 

1 

6,108  48 

i 

_  — " 

3 

5,466  23 

f 

11.574  71 

1814.] 


DIRECT   TAX   AND   INTERNAL   DUTIES. 


B — continued. 


Maryland, 


North  Carolina, 


Collection  districts. 


Tennesssee, 


Louisiana, 


I 

2 
3 
4 
5 
6 
7 
8 
9 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 


3 
4 

5 
6 

1 

2 

3 
4 


DOLLS.       CTS. 


630 

61 

8,635 

67 

6,600 

00 

5,468 

80 

2,809 

52 

1,650 

88 

21,119 

39 

10,238 

00 

13,508 

51 

19,473 

09 

15,000 

00 

14,646 

59 

12,477 

60 

281 

14 

2,000 

00 

861 


DOLL8.      CTS. 


25,785  48 


108,744  38 


721,420  07 


Jlmounts  received  into  the  Treasury  of  the  United  States  from  those  States  which  assumed  the  payment  of  their 

quotas,  under  the  act  of  the  2d  of  August,  1814. 


New  Jersey, 

Pennsylvania, 

Virginia, 

South  Carolina, 

Georgia, 

Ohio, 

Kentucky, 


-  92,541  06 

-  310,657  33 

-  313,665  68 
129.119  66 

80,696  02 
88,527  62 

-  143,589  46 

$1,158,796  83 


^  statement  of  the  amounts  of  the  severed  intertial  duties  distinctly  exhibited,  that  have  accrued  for  the  two  first 
qitarters  of  the  year  I8li,  zvith  the  aggregate  amounts  of  duties  ascertained,  on  the  lOth  of  October,  1814, 
to  have  been  received  in  each  State  or  Territory. 


STATES. 

Collection  Dis- 

Licenses for 

Carriages. 

Licenses  to 

Sales  at  Auc- 

Refined 

Stamps. 

tricts. 

stills  and 
boilers. 

Retailers. 

tion. 

Sug^. 

New  Hampshire,     - 

l9t, 

2,368  90 

2,620  38 

6,160 

322  81 

464  50 

2d,           .          . 

121   91 

514  78 

2,124 

6  50 

3d,  1st  quarter. 

215  61 

1,044  00 

2,514 

22  68 

1   85 

4th. 

714  64 

1.425  91 

2,459 

5  80 

52  25 

5th, 

Dollars, 

1st, 

1,396  92 

550  01 

1,897 

• 

18  95 

4,817  98 

6,155  08 

15,154 

351   29 

544  05 

Massachusetts, 

1   00 

809 

5  81 

8  00 

2d, 

, 

132   11 

1,372 

, 

2  00 

3d. 

54,86 

445  17 

2,163 

. 

277  51 

4th, 

615  52 

422  33 

1,963 

8  75 

280  17 

5th, 

, 

69  00 

249 

, 

2  65 

6th, 

600  57 

157  00 

579 

7th, 

2,154  56 

1,769  95 

4,476 

197  64 

969  86i 

109 


tt 


862 


FINANCE. 


[1814. 


C — continued 

• 

Collection  Dis- 

Licenses for 

Carriages. 

Licenses  to 

Sales  at  Auc 

Refined  Su 

Stamps. 

STATES. 

tricts. 

Stills  and  Boi 
lers. 

Retailers. 

♦aon. 

gar. 

Massachusetts, 

8th, 

12  50 

925  00 

2,311 

2  93 

66  29 

9th. 
10th, 

nth, 
12th, 
13th, 
14th. 
15th, 
16th, 
17th, 
18th, 

Dollars, 

1st, 

3,847  19 

4,610  68 

13,603 

435  12 

1.051   54 

7,470  29 

5,238  48 

6,127 

34  79 

2,372   19 

21,184  16 

3,300  15 

21,262 

11,184  7I| 

120  09 

6,961  58 

794  40 

3,714  66 

2,499 

52  92 

732  47 

. 

2,355  00 

2.778 

40  55 

2,262  60 

2,095  00 

3,924 

254  16 

253  55 

. 

763  00 

2,539 

89  62i 

392  10 

1,824  04 

4,467   12 

4,725 

521  64 

18,432  88 

1,805  49 

5,637 

18  59 

262  84| 

1,964  29 

899  04 

2,204 

66  23 

■ 

61,217  86 

33,160  78 

79,220 

12,285  05 

120  09 

14,881    18 

Vermont, 

3,201  09 

454  08 

2,539 

10 

2d. 
3d, 
4th, 
5th, 

1,439  34 

221   34 

1,363 

5  75 

8,539  545 

1,237  26 

2,734 

1,316  76 

445  50 

3,519 

7  96 

7  50 

706  21 

49  00 

647 

6th, 

Dollars, 
Ist, 

4,507  57i 

125  00 

1,469 

* 

19,710  52 

2,532  18 

12,271 

7  96 

• 

13  35 

Rhode  Island, 

5.917  95 

961  89 

4.689 

655  37 

1,628  95 

2d, 

3d. 

Dollars, 

1st. 

2d,           .         . 

3d            .        . 

4th, 

5th, 

6th, 

7th, 

Dollars, 

1st, 

2d,          .         . 
3d, 
4th, 
5th. 
6th, 
7th, 
8th, 
9th, 
10th. 

nth. 

12th, 

13th. 

14th, 

15th, 

16th, 

17th, 

18th, 

19th. 

20th, 

21st, 

22d, 

23d, 

24fh,  1st  quarter. 

25th, 

26th, 

27th, 

28th, 

9,172  24 

1,405  66 

8,340 

5,383  86 

, 

3,595  09 

1,175  04 

475  33 

2,673 

• 

105  76 

16.265  23 

2,842  88 

15,702 

6,039  23 

• 

5,329  8  0 

Connecticut, 

3,740  93 

1,410  39 

2,620 

363  75 

3,626  19 

2,212  89 

4,063 

2  46i 

272  16| 

596  18 

2,299  35 

5,980 

39  00 

2,605  22 

28.435  88 

2,663  37 

6.134 

n   72 

2,324  71 

2,511   45 

1,334  91 

4,347 

20  02 

899  05 

832  68 

1,201  78 

2,369 

0  28 

770  47^ 

3,130  05 

1,969  92 

3,043 

153  00 

i 

42,873  36 

13,092  61 

28,.556 

79  48| 

7,388  37 

New  York,      - 

6,032  20 

3,038  61 

6,390 

14,652  81 

6,422  90 

54,550 

8.002  72 

38,349  30 

708  55 

1.990  33 

2..589 

68  85 

2  20 

5.084   19 

1,693  51 

5,472 

194  69^ 

1,050  Ui 

3.115  24 

1.356  66 

5,048 

10  88 

973  66 

619  04 

261   10 

3,127 

161  62 

281  24 

134  00 

1,364 

28  50 

2.209  37 

2,788  42 

824  84 
597  60 

4,611 

6,774 

25  CO 

881    16 
1,573  88 

4,123  .55 

495  33 

3,346 

7  48 

9  00 

2,331   65 

382  00 

2.892 

177  02 

482  59 

67  00 

3,792 

1  09 

1 

2,942   10 

1,199  98 

14,444 

459  11 

6,377  09 

5,155  41 

377  00 

4.774 

57  38 

.5,593  58 

158   10 

1.840 

255   17 

\ 

9,949  24 

573  00 

4.019 

15  80 

483  38.1 

10,801   04 

40  00 

5.319 

18  50 

9,126  22 

182  33 

2..555 

91  51 

3,328  23 

140  67 

1.631 

79  55 

7,595  28 

126  00 

1,716 

584  65 

2.077  60 

49  00 

1,184 

62  20 

13,2.S8   16 

210  33 

3.290 

106  98 

.. 

12,823  83 

305  25 

3,746     1 

55  95 

19,527  97 

198  55 

.3.230 

300  42 

4,277   18 

41   00 

3.112 

9  05 

2,232  36 

586  00 

759 

27  46 

1.914   12 

191   02 

2,865 

220  71 

-1 

1,470  ."50 

55   12 

1.453 

• 

34  95 

* 

154,483  67 

21,687  23 

156.492 

8.872  69| 

• 

51,935  06 

1814.] 

DIRECT 

FAX   AND   INTERNAL    DUTIES. 

863 

C — continued. 

Collection  Dis- 

Licenses for 

Carriages. 

Licenses  to     S;iles  at  Auc- 

Uc  fined 

stamps. 

STATES. 

tricts. 

Stills  and 

Ketailers.              tion. 

Su{far. 

Boilers. 

New  Jersey.    - 

1st, 

4,828  48 

3,405  30 

6,  ,598 

2,639  09 

- 

1,268  34 

2d,             -         - 

9,420  02 

1,984  00 

3,695 

23   04 

497   10 

3d, 

3,634  95 

2,603  27 

4,135 

58  28 

- 

532  62 

4th, 

137  90 

2,799  62 

5,482 

81  39 

- 

474  30 

5lh, 

_ 

2,664  73 

4.569 

I'.l  06 

- 

539  64 

6th, 

408  24 

2,797  00 

2,084 

" 

" 

38  4,1 

Dollars, 

18,429  59 

16,253  92 

27,1  63 

2,823  80 

- 

3,3.50  49 

Pennsylvania. 

1st 

2,609  70 

6,075  09,1 

33,000 

10,172  48 

18,401   50 

2(1 

2,916  03 

4,161   85 

17,033 

9  71 

- 

13, .533  46i 

3d, 

5,086  76 

2,516  00 

4,569 

28  07 

- 

12  50 

4th, 

389  39 

2,619  37 

3,576 

5th, 
6th 

530  22 

3,914  81 

2,904 

- 

15  05 

59,535  22 

2,163  69 

9,585 

484  72 

- 

5,037  07 

7th 

41,281  78 

673  43 

5,620 

16  995 

- 

416   19 

8th, 
9th, 
lOlh 

13,234  17 

965  03 

4.921 

- 

- 

519  42 

23,960  52 

803  47 

5,565 

- 

- 

1,217  164 

10,543  06 

458  00 

4,040 

- 

- 

833  30 

11th, 

29,171   27 

560  66 

5,855 

- 

- 

831   45 

12th, 
13th, 
14th, 
15th, 
16th, 
17th, 
18th, 
19th 

15,516  50 
11,602  01 

329  32 

47  84 

3,965 
2,204 

: 

. 

38  69 
279  85 

6,548  02 

51  25 

2,400 

- 

- 

196  63 

10,626  03 

05  00 

3,450 

3  70 

- 

936  58i 

12,927  62 

76  76 

2,290 

- 

- 

438  93 

7,744  77 

65  44 

1,257 

82  74i 

- 

1,935  69i 

9,518  24 

22  00 

2,109 

64  31 

372  37 

2,872  29 

8  00 

794 

- 

- 

57   17 

20th, 

21st,  1st  quarter, 

22d, 

23d, 

Dollars, 

1st, 

2d,         -        - 

3d, 

Dollars, 

1st, 
2d, 

1,201   66 
1,474  40 
2,276  50 

71   67 
48  00 
10  40 

1,036 

735 

1,083 

8  88 

- 

485  92 

21   75 

2  55 

213  84 

- 

855 

' 

' 

4  20 

271,780  00 

25,707  m-. 

118,852 

10.871   61 

49,590  45 

Delaware, 

773  34 
253  44 

1,941   99 
1,766  87 

4,245 
1,840 

116   25 

- 

1,197   34 
815  95 

420  72 

1,409  32            1,392 

■ 

' 

358  27 

1,447  50 

5,118   18 

7,477 

116    25 

- 

2,701    56 

Maryland, 

1.557  36 
706  32 

2,921   58 
3,484   15 

2,477 
2,549 

- 

- 

599  43 

829  81 

3d 

590  68 

2,603  41: 

3,445 

-           1          - 

420  98 

4tli. 

4.879  79 

3,778  67 

82,705 

5.096   11 

- 

16,079  96 

5th,  1st  quarter, 
6tli, 

1.639  06 

902  88 

1,271   00 
1,378  43 

2,478 
1,525 

" 

; 

380  32i 
95  95 

7th, 

10,404  50 

1,039  00            4,841 

151   89 

- 

540  51 

8th, 
9th, 

Dollars, 

1st, 
2d, 

14,507  02 
1,488  76 

483  73           1,585 
6  00               695 

71  79,i 
21  3U 

- 

976  56,1 
377  29^ 

36,736   37 

16,965  97 

;        42,300 

5,344   llq 

- 

20.300  822 

Virginia, 

2,897  76 
10,322  46 

68  83 
196  73 

682 
1,245 

3d, 

1,109  04 

10  00 

760 

4th, 

1.900  04 

11   28 

435 

- 

- 

46  64 

5th, 

6,109  02 

33  00 

1,036 

- 

- 

221   42 

6th, 

2,813  53 

29  00 

840 

- 

- 

40   15 

7th. 
8th. 

36,639  52 
19,450   16 

254  00 
113  86 

1,320 
1,220 

2  11 

2  00 

9th, 

19,184  08 

1,136  33 

3,300 

- 

- 

2,272  74,3 

10th. 

6,792  76 

131   OC 

387 

11th, 

4,780  39 

1,018  6" 

2,125 

12th, 

4,224  57 

2,169  s: 

1,461 

4  63 

2 

13th. 
14th, 

5,899  35 

1,540   1^ 

1,509 

1.248  24 

3.914  91 

4,035 

430  56 

- 

2,335  04 

15th, 
16tli 

558  06 

2,380  0( 

)            1,002 

82 

- 

2  25 

22  05 

2.065  9^ 

)           5,839 

645  37 

- 

698  92 

17th, 
18th, 
19th, 

1.141   5^ 

^            1,305 

- 

- 

^             2  00 

1,401   66 

677  95 

2,653  0( 
611   6t 

)           6,669 
i            1,307 

755  51 

- 

13,881  74  i 
23  75 

864 


FINANCE. 


[1814. 


C — continued. 


STATES. 

Collection  Dis- 

Licenses for 

Carriages. 

Licenses  to 

Sales  at 

Refined 

Stamps. 

tricts. 

Stills  and 
Boilers. 

Retailers. 

Auction. 

Sugar. 

Virginia. 

20th, 

8,927  26 

664  50 

1,022 

. 

21st. 

7,516  01 

857  50 

1,540 

- 

- 

255  86 

22d, 

4,059  48 

358  75 

1,705 

- 

- 

4  60 

23d, 

345  58 

1,367  00 

2,260 

141   96 

- 

1,584  42 

24th, 

9  27 

1,296  42 

1,047 

49^ 

- 

6  50 

25th, 

1,546  67 

2,757  29| 

1,658 

26th, 

Dollars,  - 

- 

2,053  59^ 

722 

38  71 

■ 

148,442  91 

28,836  91 

46,691 

2,018  20 

- 

21,378  03d 

North  Carolina. 

1st, 

814  61 

2,646  66| 

2,239 

14  20^ 

318  51 

2d,         -        - 

73  18 

2,234  16 

1,419 

36 

- 

100  68 

3d;    -    - 

831  38 

1,368  66 

1,832 

9  38 

- 

632  05 

4th, 

1,538  22 

1,152  88 

2,903 

15  31 

- 

629  94 

5th, 

1,689  99 

1,853  24 

1,619 

- 

- 

528  90| 

6th, 

63  96 

1,180  83 

2,156 

152  70 

- 

997  82 

7th, 

229  94 

690  00 

1,965 

252  36| 

- 

786  52| 

8th, 

5,814  66 

987  79 

2,062 

- 

- 

572  45 

9th, 

14,161   27 

681   31 

1,355 

- 

- 

71  05 

10th, 

5,669  99 

301  26 

1,129 

- 

- 

314  16 

11th, 

6,286  40 

304  00 

760 

- 

- 

55  77| 

12th, 

2,817  07 

44  00 

710 

- 

- 

15  40 

13th, 

Dollars,  - 

4,789  53 

159  50 

495 

- 

- 

189  15 

44,780  20 

13,594  29| 

20,644 

444   14? 

- 

5,212  41| 

Ohio 

1st, 

9,506  68 

167  54 

4,111 

148  34| 

1,944  86 

2d,          -         - 

2,017  46 

72  70 

1,419 

- 

- 

6  00 

3d,  1st  quarter, 

8,967  26 

31   00 

1,352 

8  83^ 

- 

62  70 

4th, 

5,762  58 

112  00 

2,455 

29  13 

. 

543  17 

5th, 

3,932  95 

43  00 

2,104 

- 

- 

271  77 

- 

6th, 

2,682  61 

21   00 

1,822 

8  47| 

- 

234  75 

7th,  1st  quarter, 

- 

14  00 

570 

- 

- 

9  12^ 

8th, 

931  04 

- 

682 

6  57 

- 

161  00 

9th, 

Dollars,  - 

908  01 

4  00 

685 

- 

- 

13  50 

34,708  59 

465  24 

15,200 

201   36 

- 

3,246  87^ 

Kentucky,   - 

1st, 

5,070  03 

163  00 

1,802 

. 

34  15 

2d,          -        - 

11,180  02 

1,182  65^ 

3,275 

160  08| 

- 

2,897  15 

3d, 

5,564  48 

403  63 

1,883 

- 

- 

671  08 

4th, 

7,585  28 

282  00 

1,575 

9  51 

- 

129  50 

5th, 

3,263  19 

54  33 

1,105 

6th, 

8,192  86 

309  08 

1,170 

- 

- 

409  30 

7th, 

9,154  53 

146  00 

1,234 

- 

- 

45 

8th,*      - 

9th, 

5,765  91 

41   00 

1,095 

. 

- 

8  75 

10th, 

Dollars,  - 

305  89 

53  00 

545 

- 

- 

35  00 

56,082   19 

2,634  69i 

13,684 

160  08| 

- 

4,185  38 

South  Carolina. 

Ist, 
2d, 

732  64 

5,691   00 

12,262 

904  31 

10,670  51 

3  60 

2,131   00 

817 

3  81 

3d, 

817  54 

1,394  93 

1,105 

15  40 

- 

139  15 

4th, 

4,980  07 

1,158  50 

1,362 

5th, 

6,239  46 

269  36 

700 

6th, 

8,198  75 

791   28 

1,427 

7th, 

10,815  21 

597  63 

765 

8th,  1st  quarter. 

260  52 

1,356  00 

900 

9th,                 - 
Dollars,  - 

146  88 

1,635  02 

1,005 

' 

50 

• 

32,215  67 

15,024  72 

20,343 

923  52 

- 

10,810  16 

Tennessee,  - 

1st,  1st  quarter. 

2,392  13 

78  00 

797 

8  70 

2d,         -        - 

7,570  53 

108  83 

1,037 

- 

- 

203  29 

3d, 

2,619  81 

18  00 

1,312 

4;h, 

5,614    11 

43  00 

1,119 

5th, 

19,841   03 

372  95 

2,272 

- 

- 

734  60 

6th, 

Dollars,  - 

8,818  36 

40  33 

1,075 

46,855  97 

661   11 

7,612 

- 

- 

946  59 

1814.] 


DIRECT    TAX    AND    INTERNAL    DUTIES. 


865 


C — continued- 


STATES   AND   TERRI- 
TORIES. 

Collection  Dis- 
tricts. 

Licenses  for 
Stills  and 
Boilers. 

Carriages. 

Licenses  to 
Retailers. 

Sales  at 
Auction. 

Refined 

Su(rar. 

Stamps. 

Georgia, 

1st, 

2d,           -         - 

3d            -         - 

4th, 

5th,t       ■• 

6th, 

Dollars,  - 

Ist.t      -        - 
2d,          -          - 
.3d,          -          - 
4th, 

Dollars,  - 
Dollars,  - 
Dollars,  - 
1st  quarter. 
Dollars,  - 

1st, 

2d,         -         - 

3d, 

1 
Dollars,  - 

Dollars,  - 

925  00 

735  97 

2,357  74 

2,575  92 

4,482  05 

1,608  00 
2,298  44| 
1,149  00 
669  00 

807  67i 

1,095 

3,861 

910 

815 

2,220 

862  83 
140  34 

- 

2,393  30 
752  46 

11,076  68 

6,532  12^ 

11,931 

1,003   17 

3,145  76 

Louisiana,    - 

50  04 
5,435  04 

708  00 

104  81 

28  00 

250 

6,120 

709 

1,878  30 

26  25 

7.113  81 
6  05 

5,485  08 

840  81 

7,079 

1,878  30 

26  25 

7,119  86 

Illinois  Territory,    - 

490  14 

62  00 

835 

- 

- 

5  60 

Michigan  Territory, 

- 

54  00 

1,135 

28  93 

- 

21   24 

Indiana  Territory,  - 

$1,263  73 

$4  00 

$1,396 

- 

Missouri  Territory, 

2,027  38 

75  00 

1,340 

- 

- 

45  45 

Mississippi  Territory, 

1,517  81 
44  26 

67  00 

204  00 

32  00 

535 

2,540 

230 

91   82 

- 

651   71 
1   05 

1,562  07 

303  00 

3,305 

91   82     1 

1 

652  76 

District  of  Columbia, 

- 

2,044  91 

9,.')05 

154  32 

- 

10,159  50 

•  No  quarterly  returns  received,  in  conseqviencc  of  the  inability,  until  the  16th  of  June,  to  obtain  a  collector. 
■j-  No  quarterly  returns  received  from  the  collector  in  consequence  of  his  protracted  sickness. 
i  No  returns.      A  collector  has  been  recently  appointed,  but  his  acceptance  is  not  ascertained. 

.Aggregate  amounts  of  internal  duties  ascertained,  on  the  loth  of  October,  1814,  to  have  been  received  in  each  Sta'e 

or  Territory. 


New  Hampshire, 

Massachusetts, 

Vermont, 

Rhode  Island, 

Connecticut, 

New  York, 

New  Jersey, 

Pennsylvania, 

Delaware. 

Maryland, 

Virginia, 

North  Carolina. 

Ohio, 

Kentucky, 

South  Carolina, 

Tennessee, 

Georgia, 

Louisiana. 

Illinois  Territory, 

Michigan     do. 

Indiana        do. 

Missouri      do. 

Mississippi  do. 

District  of  Columbia, 


Total. 


24,604  65 

170,911   75 

21,359  06 

31,555  52 

58.875  97 

303,694  27 

54.202  92 

279,983  09 

18,779  93 

99,797  04 

136,568  16 

62,067  94 

32,099  81 

32,935  4C 

60.132  97 

18.185  85 

28,425  48 

20,156  97 

1,047  37 

1,312  18 

2.065  07 

1.525  60 

4,928  77 

26,169  80 


$1,491,385  63 


366  FINANCE.  [1814. 


13th  Congress.]  No.    425.  [3d  Se»siow. 

PUBLIC  CREDIT. 

COMImuNICATED   to   the    house    of    representatives,  OCTOBER   18,    1814. 

Washington,  October  I4th,  1814. 

Sir:  .       ,  .  . 

The  Committee  of  Ways  and  Means  have  had  under  their  consideration,  the  support  of  public  credit  by  a 

system  of  taxation  more  extended  than  the  one  heretofore  adopted.    They  have  determined  to  suspend  proceeding 

on  their  report  at  present  before  the  House  of  Representatives,  with  a  view  to  ajford  you  an  opportunity  of  suggesting 

any  other,  or  such  additional  provisions,  as  may  be  necessary  to  revive  and  maintain  unimpaired  the  public  credit. 

I  have  the  honor  to  be,  your  most  obedient, 

JOHN  W.  EPPES. 

Honorable  Mr.  Dallas,  Secretary  of  the  Treasw-y. 


{ 


Treasury  Department,  October  nth,  1814. 

Sir: 

I  have  the  honor  to  acknowl  edge  the  receipt  of  your  letter,  dated  the  14tii  inst. :  and,  aware  of  the  necessity  for 

an  early  interposition  of  Congress  on  the  subject  to  which  it  relates,  I  proceed,  at  tlie  moment  of  entering  upon  the 

duties  of  office,  to  offer  to  the  consideration  of  the  Committee  of  Ways  and  Means,  an  answer  on  the  several  points 

of  their  inquiry. 

Contemplating  the  present  state  of  the  finances,  it  is  obvious,  that  a  deficiency  in  the  revenue,  and  a  depreciation 
in  the  public  credit,  exist,  from  causes  which  cannot  in  any  degree  be  ascribed,  either  to  the  want  of  resources,  or  to 
the  want  of  integrity  in  the  nation.  Different  minds  will  conceive  different  opinions  in  relation  to  some  of  those 
causes;  but  it  wUl  be  agreed  on  all  sides,  that  the  most  operative  have  been  the  madequacy  of  our  system  of  taxation 
to  form  a  foundation  for  public  credit;  and  the  absence  even  from  that  system  of  the  means  which  are  best  adapted 
to  anticipate,  collect,  and  distribute  the  public  revenue- 

The  wealth  of  the  nation,  in  the  value  and  products  of  its  soil,  in  all  the  acquisitions  of  personal  property,  and  in 
all  the  varieties  of  industry,  remains  almost  untouched  by  the  hand  of  Government;  for,  the  national  faith,  and 
not  the  national  wealth,  has  hitherto  been  the  principal  instrument  of  finance.  It  was  reasonable,  however,  to  expect, 
that  a  period  must  occur  in  the  course  of  a  protracted  war,  when  confidence  in  tiie  accumulating  public  engagements 
could  only  be  secured  by  an  active  demonstration,  both  of  the  capacity  and  the  disposition  to  perform  them.  In  the 
present  state  of  the  treasury,  therefore,  it  is  a  just  consolation  to  reflect,  that  a  prompt  and  resolute  application  of  the 
resources  of  the  country  will  effectually  relieve  from  every  pecuniary  embarrassment,  and  vindicate  the  fiscal  honor 
of  the  Government. 

But  it  would  be  vain  to  attempt  to  disguise,  and  it  would  be  pernicious  to  palliate  the  difficulties  which  are  now 
to  be  overcome.  The  exigencies  of  the  Government  require  a  supply  of  treasure  for  the  prosecution  of  the  war, 
beyond  any  amount  which  it  would  be  politic,  even  if  it  were  practicable,  to  raise  by  an  immediate  and  constant  im- 
position of  taxes.  There  must,  therefore,  be  a  resort  to  credit,  for  a  considerable  portion  of  the  supply.  But  the 
public  credit  is  at  this  juncture  so  depressed,  that  no  hope  of  adequate  succor,  on  moderate  termsj  can  safely  rest 
upon  it.  Hence,  it  becomes  the  object  first  and  last  in  every  practical  scheme  of  finance,  to  re-animate  the  confi- 
dence of  the  citizens,  and  to  inipress  on  the  mind  of  every  man,  who,  lor  the  public  account,  renders  services,  fur- 
nishes supplies,  or  advances  moliey,  a  conviction  of  the  punctuality  as  well  as  of  the  security  of  the  Government. 
It  is  not  to  be  regarded,  indeed,  as  the  case  of  preserving  a  credit  which  has  never  been  impaired,  but  rather  as  the 
case  of  rescuing  from  reproach  a  credit  over  which  doubt  and  apprehension  (not  the  less  injurious,  perhaps,  because 
they  are  visionary)  have  cast  an  inauspicious  shade.  In  tht»  former  case,  the  ordinary  means  of  raising  and  appro- 
priating the  revenue,  will  always  be  sufficient;  but  in  the  latter  case,  no  exertion  can  be  competent  to  attain  the  ob- 
ject, which  does  not  quiet,  in  every  mind,  every  fear  of  future  loss  or  disappointment,  in  consequence  of  trusting  to 
the  pledges  of  the  public  faith. 

The  condition  of  the  circulating  medium  of  the  country,  presents  another  copious  source  of  mischief  and  em- 
bairassment.  The  recent  exportations  of  specie  have  considerably  diminished  the  fund  of  gold  and  silver  coin;  and 
another  considerable  portion  of  that  fund  nas  been  drawn,  by  the  timid  and  the  wavy,  from  the  use  of  the  commu- 
nity, into  the  private  coffi^rs  of  individuals.  On  the  other  hand,  the  multiplication  of  banksin  the  several  States  has 
so  increased  the  quantity  of  paper  currency,  that  it  would  be  difficult  to  calculate  its  amount;  and  still  more  difficult 
to  ascertain  its  value,  with  reference  to  the  capital  on  which  it  has  been  issued.  But  the  benefit  of  even  tiiis  paper 
currency  is  in  a  great  measure  lost,  as  the  suspension  of  payments  in  specie,  at  most  of  the  banks,  has  suddenly 
broken  the  chain  of  accommodation  that  previously  extended  the  credit  and  the  ciiculation  of  the  notes  which  were 
emitted  in  one  State  into  every  State  of  the  Union.  It  may,  in  general,  be  affirmed,  therefore,  that  there  exists,  at 
this  time,  no  adequate  circulating  medium,  common  to  the  citizens  of  the  United  States.  The  moneyed  transactions 
of  private  life  are  at  a  stand;  and  the  fiscal  operations  of  the  Government,  labor  with  extreme  inconvenience.  It  is 
impossible  that  such  a  state  of  things  should  be  long  endured;  but,  let  it  be  fairly  added,  that,  with  legislative  aid,  it  ia 
not  necessary  that  the  endurance  should  be  long.  Under  favorable  circumstannes,  and  to  a  limited  extent,  an  emission 
of  treasury  notes  would,  probably,  afford  relief;  but  treasury  notes  are  an  expensive  and  precarious  substitute, 
either  for  coin  or  for  bank  notes,  charged  as  they  are  with  a  growing  interest,  productive  of  no  countervailing  profit 
or  emolument,  and  exposed  to  every  breath  of  popular  prejudice  or  alarm.  The  eslablishment  of  a  national  institu- 
tion, operating  upon  credit  combined  with  capital,  and  regulated  by  prudence  and  good  faith,  is,  after  all,  the  only 
efficient  remedy  lor  the  disordered  condition  of  our  circulating  medium.  While  accomplishing  that  object,  too, 
there  will  be  found,  under  the  auspices  of  such  an  institution,  a  safe  depository  for  the  public  treasure,  and  a  constant 
auxiliary  to  the  public  credit.  But  whether  the  issues  of  a  paper  currency  proceed  from  the  national  treasury,  or 
from  a  national  bank,  the  acceptance  of  the  paper  in  a  course  of  payments  and  receipts  must  be  forever  optional  with 
the  citizens.  The  extremity  of  that  day  cannot  be  anticipated,  when  any  honest  and  enlightened  statesman  will 
again  venture  upon  the  desperate  expedient  of  a  tender  law- 

From  this  painful,  but  necessary  development  of  existing  evils,  we  pass,  with  hope  and  confidence,  to  a  more  spe- 
cific consideration  of  the  measures  from  which  relief  may  be  certainly  and  speedily  derived.    Remembering  always, 
that  the  objects  of  the  Government  are  to  place  the  public  credit  upon  a  solid  and  durable  foundation;  to  provide  a 
*  revenue  commensurate  with  the  demands  of  a  war  expenditure;  and  to  remove  from  the  treasury  an  immediate  pres- 

sure, the  following  propositions  arc  submitted  to  the  committee,  with  every  sentiment  of  deference  and  respect: 

PROPOSITIONS. 

I.  It  is  proposed,  that,  during  the  war,  and  until  the  claims  contemplated  by  the  proposition  are  comoletely  satis- 
fied, or  extinct,  there  shall  be  annually  raised  by  taxes,  duties,  imposts,  and  excises,  a  fund  for  these  purposes:.* 

1.  For  the  support  of  Government,  ----...      $1,600,000 

2.  For  the  principal  and  interest  of  the  public  debt,  existing  before  the  declaration  of  war,  and  paya- 

Me  according  to  the  contract,  -----...      3,500,000 


1814.]  PUBLIC   CREDIT.  867 

3.  For  the  interest  of  the  public  debt  contracted,  and  to  be  contracted,  by  loans,  or  otherwise,  from 
commencement  to  the  termination  of  the  war,  calculated  upon  an  annual  principal  of  seventy-two  mil- 
lions of  dollars,  .-..-....       4,320,000 

4.  For  the  payment  of  treasury  notes,  with  the  accruing  interest,  .  .  -  .       7,400,000 

5.  For  the  payment  of  debentures  to  be  issued  (as  is  hereinafter  proposed)  for  liquidated  balancesdue 
to  individuals,  on  account  of  services  or  supplies,  authorr/.ed  by  law,  but  either  not  embraced  by  a  spe- 
cific appropriation,  or  exceeding  the  sum  appropriated,  ......  280,000 

6.  For  a  current  addition  to  the  sums  raised  by  loan,  or  issues  of  treasury  notes,  towards  defraying 

the  general  expenses  of  the  war,  .......       2,000,000 

7.  For  the  gradual  establishment  of  a  sinking  fund,  to  extinguish  the  debt  incurred  during  the  war,  -  500,000 

8.  For  a  contingent  fund,  to  meet  sudden  and  occasional  demands  upon  the  treasury,        -  -       1,500,000 


$21,000,000 


11.  It  is  proposed,  that,  during  the  war,  and  until  the  claims  contemplated  by  the  preceding  proposition  are  com- 

Eletely  satisfied,  or  othiT  adequate  funds  shall  be  provided  and  substituted  by  law,  there  shall  be  annually  raised, 
y  the  means  here  specified,  the  following  sums: 

1.  By  the  customs,  (which  cannot  be  safely  estimated,  during  the  war,  at  a  higher  product)             -  $4,000,000 

2.  By  the  existing  internal  duties,            ......  2,700,000 

3.  By  the  existing  direct  tax,                     -               -               -               -               -               -               -  2,500,000 

4.  By  tlie  sales  of  public  lands,  (which  cannot  be  safely  estimated,  during  the  war,  at  a  higher 
productj                   -                 -                 -                 -                 -                 -                 -                 -                 -  800,000 

5.  By  an  addition  to  the  existing  direct  tax  of  100  i>er  cent.                  ....  2,850,000 

6.  By  an  addition  of  100  per  cent,  on  the  present  auction  duties,          .                .                -                .  150,000 

7.  By  an  addition  of  100  per  cent,  on  the  existing  duties  upon  carriages.             ...  200,000 

8.  By  an  addition  of  50  per  cent,  on  the  existing  duties  onjiicenses  to  retail  wines,  spirituous  liquors, 

and  foieign  merchandise,                ........  300,000 

9.  By  an  addition  ol  100  per  cent,  on  the  existing  rate  of  postage,        ....  500,000 
10.  By  the  proceeds  of  the  new  duties  specified  in  the  next  schedule,  marked  A,  making  in  the  ag- 
gregate,                ..........  7,000,000 

$21,000,000 


111.  It  is  proposed  that  a  national  bank  shall  be  incorporated  for  a  term  of  twenty  years,  to  be  established  at 
Philadelphia,  with  a  power  to  erect  offices  of  discount  and  ueposite  elsewhere,  upon  the  following  principles: 

1-  That  the  capital  of  the  bank  shall  be  fifty  millions  of  dollars,  to  be  divided  into  100,000  shares  of  500  dollars 
«ach.  Thi-ee-fifths  of  the  capital,  being  GO, 000  shares,  amounting  to  30,000,000  of  dollars,  to  be  subscribed  by  cor- 
porations, companies  or  individuals:  and  two-fifths  of  the  capital,  being  40,000  shares,  amounting  to  20,000,000  of 
dollars,  to  be  subscribed  by  the  United  States. 

2.  That  the  subscriptions  of  corporations,  companies,  and  individuals,  siiall  be  paid  fiir  in  the  following  manner: 
One-fifth  part,  or  $0,000,000,  in  gold  or  silver  coin. 

Four-fifth  parts,  or  24,000,000,  in  gold  or  silver  coin,  or  in  six  per  cent,  stock  issued  since  tlie  declaration  of 
war,  and  treasury  notes,  in  the  proportion  of  one-fifth  in  treasury  notes,  and  three-fifths  h\  six  per  cent  stock. 

3.  That  the  subscriptions  of  corporations,  companies,  and  individuals,  shall  be  paid  at  the  following  periods: 

30  dollars  on  each  share,  to  be  paid  at  the  time  of  subscribing,  in  gold  or  silver  coin,  -         1,200,000 

40  dollars  on  each  share,  to  be  paid  in  gold  or  silver  coin,  one  month  after  the  subscription,    -         2,400,000 
40  dollars  on  each  share,  in  two  months  alter  the  subscription,  in  gold  or  silver  coin,  ■         2,400,000 

100  dollars.  specie,  6,000,000 

100  dollars  on  each  sharp,  in  gold  or  silver  coin,  or  in  six  per  cent  stock,  or  in  treasury  notes, 

according  to  tlie  preceding  apportionment,  to  be  paid  at  the  time  of  subscribing,  -  6.000,000 

150  dollars  on  each  share,  to  be  paid  in  like  manner,  in  two  months  after  subscribing,  -  9,000,000 

150  dollarss  on  each  share,  to  be  paid  in  like  manner,  in  three  months  after  subscribing,  -  9,000,000 

500  dollars.  S30. 000,000 


4.  That  the  subscription  of  the  Fnited  States  shall  be  paid  In  six  per  cent,  stock,  at  the  same  periods,  and  in  the 
same  proportions,  as  the  payments  of  private  subscriptions,  in  stock  and  treasury  notes. 

5.  That  the  I'nited  States  may  substitute  six  per  cent,  stock,  lor  the  amount  of  the  treasury  notes  subscribed  by 
corporations,  companies,  and  indivitluals,  as  the  notes  respectively  become  due  and  payable. 

6.  That  the  bank  shall  loan  to  the  United  States  $30,000,000,  at  an  interest  of  six  percent,  at  such  periods,  and 
in  such  sums,  as  shall  be  found  mutually  convenient. 

7.  That  no  pait  of  the  public  stock,  constituting  a  portion  of  the  capital  of  the  bank,  shall  be  sold  during  the  war, 
nor  at  any  subsequent  time,  for  less  than  par;  nor  at  any  time  to  an  amount  exceeding  one  moiety,  without 
the  consent  of  t'ongres.s. 

d.  'Fhat  provision  shall  be  made  for  protecting  tlie  bank  notes  from  forgery;  for  limiting  the  issue  ot  bank  notes; 

and  for  receiving  them  in  all  payments  to  the  United  States. 
9.  That  the  capitalof  the  bank,  its  notes,  deposites,  dividends,  or  profits  (its  real  estate  only  excepted)  shall  not 

be  subject  to  taxation  bv  the  United  States,  or  by  any  individual  State. 

10.  That  no  other  bank  shall  be  established  by  Congress,  during  the  term  fi>r  which  the  national  bank  is  incor- 

porated. .  .     ,  ^ 

11.  That  the  national  bank  shall  be  governed  by  fifteen  directfU'S,  being  resident  citizens  ol  the  L  nited  States  and 
stockholders.  The  President  of  the  United  States  shall  annually  name  five  directors,  and  designate  one  ot  tlie 
five  to  be  the  president  of  the  bank.  The  other  directors  shall  be  annually  chosen  by  the  qualified  stockholders, 
in  person  or  by  proxy,  if  resident  within  the  United  states,  voting  upon  a  scale  graduated  according  to  the; 
number  of  shares  w  hich  they  respectively  hold.  The  cashier  and  other  officers  of  the  bank  to  be  appointed  as 
is  usual  in  similar  institutions. 

12.  That  the  directors  of  the  national  bank  shall  appoint  seven  perscms,  one  of  whom  to  preside,  as  the  managers 
of  each  office  oi  discount  and  deposite.  and  one  person  to  be  the  cashier.  _ 

13.  That  the  general  powers,  privileges,  and  regulations  of  the  bank,  shall  be  the  same  as  are  usual  in  similar  in- 
.stitutions;  but  with  this  special  provision,  that  the  general  accounts  shall  be  subject  to  the  inspection  oi  the 
Secretary  of  the  Treasury.  r  ,     •  ,  i 

IV.  It  is  proposed,  that,  after  having  thus  provided  for  the  punctual  payment  ot  the  interest  upon  every  denomi- 
nation of  public  debt:  for  raising  annually  a  portion  of  the  annual  expense,  by  taxes;  for  establishing  a  sinking  lund, 
in  relation  to  the  new  debt,  as  well  as  In  relation  to  the  old  debt;  and  for  securing  to  the  public  the  efficient  agency 
of  a  national  bank;  the  only  remaining  object  of  supply  shall  be  accomplished  by  annual  loans,  and  issues  of  treasury 
notes;  if.  unexpectedly,  such  issues  should  continue  to  be  necesary  or  expedient.  i    •     r 

1.  The  amount  of  annual  expenditure  during  the  war,  exceeding  the  sums  provided  tor,  does  not  admit  ot  a  pros- 
pective estimate  beyond  the  year  1815;  but,  for  that  year,  it  may  be  estimated  with  sufficient  accuracy  lor  the 
general  purposes  ot  the  present  communication,  at  -  -  -  " j   i     •     '  $28,000,00# 

3.  Then  for  the  year  1815,  an  additional  provision  must  be  made,  authorizing  a  loan  and  the  issue  ot  treasury 
notes,  to  an  equal  amount,  ...----  $28,000,000 


868 


FINANCE. 


[1814. 


V.  It  is  proposed  that  the  accounts  for  authorized  expenses,  being  duly  stated  and  settled,  a  certificate  or  deben- 
ture, shall  issue  to  the  accountant  specifying  the  balance;  and  that,  in  all  cases,  where  there  has  been  no  specific 
appropriation,  or  the  claim  exceeds  the  amount  of  the  sum  appropriated,  the  balance  shall  bear  an  interest  of  three 
percent,  until  provision  is  made  by  law  for  paying  the  amount.  . 

VI.  And  finally,  it  is  proposed  to  relieve  the  treasury  from  an  immediate  pressure,  upon  the  principles  of  the  fol- 
lowing statement: 

■•      1.  The  amount  of  demands  upon  the  treasury  (exclusively  of  balances  of  appropriations  for  fo'-mer  years  unsatis- 
fied) was  stated  in  the  report  of  the  late  Secretary  of  the  Treasury,  of  the  23d  September,  1814,  to  be,  on  the 
30th  of  June,  -------.;     $27,576,391  19 

2.  The  accounts  of  the  third  quarter  of  1814,  are  not  yet  made  up,  and  the  precise  suras  paid 

during  that  quarter  cannot  now  be  ascertained;  but  they  amount  to  nearly,  -  -         8,400,000  00 


Leaving  to  be  paid  in  the  fourth  quarter  of  1814,    .  -  -  - 

This  balance  payable  during  the  fourth  quarter  of  1814,  consists  of  the  following  items 
Civil,  diplomatic,  and  miscellaneous  expenses,  about 


$19,176,391  19 


Military,  about 
Naval,  about 
Public  debt,  about 


$353,292  99 
8,792,688  00 
2,382,010  97 
7,648,419  23 


$19,176,391   19 


4.  The 


The  existing  provisions  by  law  for  the  payment  of  this  balance  of  $19,176,391  19,  may  be  stated  as  follows: 

The  act  of  the  24th  of  March,  1814,  authorized  a  loan  for  ....  -       25,000,000 

The  act  of  the  4th  of  March,  1814,  authorized  an  issue  of  treasury  notes  for  -  -         5  ooo.ooo 


00 
5,000,000  00 


Under  these  authorities,  there  have  been  borrowed  on  loan  about 
There  has  been  sent  to  Europe,  in  six  per  cent,  stock, 
There  has  been  issued  in  treasury  notes, 


There  remains,  therefore,  an  unexecuted  authority  to  borrow. 
To  issue  treasury  notes,  ... 


10,895,000 
6,000,000 
3,504,000 


8,105,000 
1.496,000 


$30,000,000  00 


20,399,000  00 
$9,601,000  00 


$9,601,000  00 
19,176,391   19 


5,400,000  00 
$13,776,391   19 


The  demands  of  the  fourth  quarter  being  then  -  -  - 

There  may  be  applied  to  meet  them,  the  revenue  accruing  during  the  quarter,  from  all 
sources,  about  ...  -  -  2,900,000 

Also,  payments  to  be  made  on  account  of  loans  already  contracted  for,  accord- 
ing to  the  authority  above  stated,  about    -  -  -  -  2,500,000 

Leaving  a  balance  to  be  provided  for,  ..... 

By  the  authority  remaining  to  borrow,  ...  -  8,105,00000 

By  the  authority  remaining  to  issue  treasury  notes,  -  -  1,496,000  00 

By  an  additional  authority  to  be  granted  by  law  to  borrow,  and  to  issue  trea- 
sury notes,  ......  4,175,391  19 

$13,776,391   19 

These  estimates,  however,  it  will  be  observed,  are  made  with  a  view,  simply,  to  the  appropriations  by  law  for 
the  expenses  of  the  year  1814;  and  do  not  embrace  a  provision  to  satisfy  balances  of  appropriations  made  for  the 
expenses  of  preceding  years,  which  have  not  been  called  for  at  the  treasury.  But  it  will,  probably,  be  deemed  expe- 
dient to  make  such  provision,  by  extending  the  new  authority  to  borrow  from  the  above  balance,  to  6,000,000.  If  the 
six  per  cent,  stock  which  has  been  sent  to  Europe,  should  be  there  disposed  of,  it  will  form  an  item  in  the  estimates 
of  the  ensuing  year. 

As  a  portion  of  the  amount,  to  be  provided  during  the  present  quarter,  consists  of  treasury  notes,  which  will  soon 
be  due,  it  will  be  advisable  to  make  them  receivable  in  subscriptions  to  the  loan. 

(t  is  proper  to  accompany  these  propositions  with  a  few  explanatory  remarks. 

1.  The  first  proposition  contemplates  a  permanent  system;  but  the  estimate  of  the  particular  items  of  claims  and 
demands  upon  the  public,  must  be  regarded  as  immediately  applying  to  the  year  1815.  In  every  subsequent  year, 
there  will  necessarily  be  some  variation;  as,  for  instance,  the  item  of  interest  on  the  old  debt  will  annually  sink, 
while  the  item  of  interest  on  the  new  debt  will  annually  rise  during  the  continuance  of  the  war. 

The  items  for  annually  raising  a  portion  of  the  public  expenses  by  taxes,  and  for  applying  to  the  new  debt  a  sink- 
ing fund  (gradually  increasing  until  it  becomes  commensurate  to  its  object)  are  essential  features  in  the  plan  sug- 
gested, with  a  view  to  the  revival  and  maintenance  of  public  credit.  The  extinguishment  of  the  old  debt  is  already 
in  rapid  operation,  by  the  wise  precaution  of  a  similar  institution. 

2.  The  second  proposition  will,  doubtless,  generate  many  and  very  various  objections.  The  endeavor  has  been, 
however,  to  spread  the  general  amount  of  the  taxes  over  a  wide  surface,  with  a  hand  as  light  and  equal  as  is  consist- 
ent with  convenience  in  the  process^  and  certainty  in  the  result. 

All  the  opportunities  of  observation,  and  all  the  means  of  information  that  have  been  possessed,  leave  no  doubt 
upon  the  disposition  of  the  people  to  contribute  generously  for  releiving  the  necessities  of  their  country;  and  it  has 
been  thought  unworthy  of  that  patriotic  disposition  to  dwell  upon  scanty  means  of  supply,  or  short-lived  expedients. 
Whenever  the  war  shall  be  happily  terminated  in  an  honorable  peace,  and  the  treasury  shall  be  again  replenished  by 
the  tributary  streams  of  commerce,  it  will  be  at  once  a  duty  and  a  pleasure  to  recommend  an  alleviation,  if  not  an 
entire  exoneration  of  the  burthens  which  necessarily  fall,  at  present,  upon  the  agriculture  and  manufactures  of  the 
nation. 

3.  In  making  a  proposition  for  the  establishment  of  a  national  bank.  I  cannot  be  insensible  to  the  high  authority 
of  the  names  which  have  appeared  in  opposition  to  that  measure  upon  constitutional  grounds.  It  would  be  presump- 
tuous to  conjecture  that  the  sentiments  which  actuated  the  opposition  have  passed  away;  and  yet  it  would  be  deny- 
ing to  experience  a  great  practical  advantage,  were  we  to  suppose  that  a  difference  of  times  and  circumstances  would 
not  produce  a  corresponding  difference  in  tlie  opinions  of  the  wisest,  as  well  as  of  the  purest  men.  But,  in  the  pre- 
sent case,  a  change  of  private  opinion  is  not  material  to  the  success  of  the  proposition  for  establishing  a  national 
bank.  In  the  administration  of  humaii  affairs,  there  must  be  a  period  when  discussion  shall  cease  and  decision  shall 
become  absolute.  A  diversity  of  opinion  may  honor,ably  survive  the  contest;  but,  upon  the  genuine  principles  of  a 
representative  government,  the  opinion  of  the  majority  can  alone  be  carried  into  action.  The  judge,  who  dissents 
from  the  majority  of  the  bench,  changes  not  his  opinion,  but  performs  his  duty,  when  he  enforces  the  judgment  of 
the  court,  although  it  is  contrary  to  his  own  convictions.     An  oath  to  support  the  constitution  and  the  laws,  is  not. 


1814.]  COMPOSITION    FOR   THE   STAMP   DUTY   ON   NOTES.  869 


therefore,  an  oath  to  support  thcin  under  all  circumstances,  according;  to  the  opininn  of  (he  individual  who  lakes  it, 
but  it  is,  emphatically,  an  oath  to  support  them  according  to  the  interpret;ition  of  the  lei^itiinafe  authorities.  For  the 
erroneous  decisions  of  a  court  oflaw,  there  is  the  redress  of  a  censorial,  as  well  as  ol'an  appellate  jurisdiction.  Over 
an  act.  founded  upon  an  exposition  of  the  constituli(m,  made  hy  the  legislative  department  of  the  (Joveniment,  but 
alleged  to  be  incorrect,  we  have  seen  the  judicial  department  exercise  a  remedial  |)ower.  And  even  if  all  the  de- 
partments, legislative,  executive,  and  judicial,  should  concur  in  the  exercise  of  a  power,  which  is  either  thought  to 
transcend  the  constitutional  trust,  or  to  operate  injuriously  upon  the  community,  the  case  is  still  within  the  reach  of 
a  competent  control,  through  the  medium  of  an  amendment  to  the  constitution,  upon  the  propo.silion,  not  only  of 
Congress,  but  of  the  several  States.  When,  therefore,  we  have  marked  the  existence  of  a  national  bank  fur  a  jjeriod 
of  twenty  years,  with  all  the  sanctions  of  the  legislative,  executive,  and  judicial  authorities;  when  we  have  seen  the 
dissolution  of  one  institution,  and  heard  a  loud  and  continued  call  loi- thr  establishment  of  another;  when,  under 
these  circumstances,  neither  ('ongress  nor  the  several  States  have  resorted  to  the  [lower  of  amendmeril ;  can  it  be 
deemed  a  violation  of  the  right  of  private  opinion,  to  consider  tiie  constitutionality  of  a  national  hMik,  as  a  (picnlion 
forever  settled  and  at  restP 

But,  after  all,  1  should  not  merit  the  confidence,  which  it  will  be  my  ambition  to  acquire,  if  I  were  to  suppress 
the  declaration  of  an  opinion,  that,  in  these  times,  the  establishmeiit  of  a  national  bank  will  not  only  be  useful  in 
promoting  the  general  welfare,  but  that  it  is  necessary  anil  proper  for  carrying  into  execution  some  ol  the  most  im- 
portant powers  constitutionally  vested  in  the  (ioveiiiment. 

Upon  the  principles  and  regulations  of  the  national  bank,  it  may  be  sufficient  to  remark,  thai  they  will  be  best 
unfolded  in  the  form  of  a  bill,  which  shall  be  immediately  prepared.  A  compound  capital  is  suggested,  with  a  de- 
sign equally  to  accomniodate  the  subscribers,  and  to  aid  the  general  measures  hu-  the  revival  of  public  credit;  but 
the  proportions  of  specie  and  stock  may  be  varied,  if  the  scarcity  of  coiii  should  render  it  expedient;  yet  not  in  so 
great  a  degree  as  to  prevent  an  early  commencement  of  the  money  operations  of  the  institution. 

4.  The  estimates  of  recei|)ts,  fiom  established  sources  of  revenue,  and  from  the  proposed  new  duties,  and  the  esti- 
mates of  expenditures  on  all  the  objects  contemplated  in  the  present  communication,  have  been  made  u[)on  a  call  so 
sudtlen,  and  upon  inaterials  so  scattered,  that  it  is  not  intended  to  claim  a  perfect  reliance  on  their  accuracy.  They 
are,  however,  believed  to  be  sufficiently  accurate  to  illustrate  and  support  the  general  plan,  for  the  revival  of  the 
public  credit,  the  establishment  of  a  permanent  system  of  revenue,  and  the  remo>al  of  the  immediate  pressure  on  the 
treasury. 

Upon  tlie  whole,  sir,  I  have  freely  and  openly  assumed  the  responsibility  of  the  station,  in  which  I  have  the  honor 
to  be  placed.  But,  conscious  of  the  imperfections  of  the  judgment  that  dictates  the  answer  to  the  importiitit  in<|ui- 
lies  of  the  Coinmittee  of  VVays  and  Means,  1  derive  thi:  highest  satisfaction  from  reflecting,  that  the  honor  and  safety 
of  the  nation,  for  war,  or  for  peace,  depend  on  the  wisdom,  patriotism,  and  fortitude  of  Congress,  during  times  wliich 
imperiously  demand  a  display  of  those  qualities,  in  the  exercise  of  the  legislative  authority. 

1  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  ser^ant, 

A.  .1.  DALLAS. 

J.  W.  Eppes,  Esq.  Chairman  of  the  Commiilee  of  (fays  and  Means. 

A. 

Schedule  of  new  taxes,  referred  to  in  the  letter  of  the  Seerelnry  of  the  Treasury  to  the  chairman  of  the  (hmtnittee  of 
(fays  and  Means,  fn  which  the  taxes  proposed  in  the  report  of  the  committee  to  the  House  of  Representatives,  oh 
the  \oth  instant,  are  principally  adopted. 

1.  On  spirits  distilled  from  domestic  or  foreign  materials,  '25  cents  per  gallon,  computed  on  •2t,000,000  gallons;  pro- 

vided the  present  tax  on  the  capacity  of  the  still  should  be  continued,  if  it  is  thought  best  to  lay  the  tax  entirely 
on  the  liquor,  then  the  tax  on  the  capacity  of  the  stills  to  be  taken  off",  and  30  cents  per  gallon  to  be  laid  on  the 
liquor.     For  the  present  estimate,  it  is  taken  at  35  cents  per  gallon,  -  -  -     Stj,000,000 

2.  On  porter,  ale,  ami  strong  beer,  2  ceiits  per  gallon,  cotnputed  on  6,000,000  gallons.  -  -  120,000 

3.  On  manufactured  t(jbacco  and  snuff,  averaged  at  5  cents  per  pound,  and  computed  on  10,000,000 

pounds,  -  -  -  -  -  -  -  -  -  500,000 

4.  On  leather  of  various  kinds,  averaged  at  3  cents  per  pound,  and  computed  on  20,000,000  pounds.  600,000 

5.  On  pig  iron,  at  SI  50  per  ton.  computed  on  300,000  tons,       -----  450,000 

6.  On  paper,  at  various  rates,  averaging  7  per  cent,  on  the  value  of  the  aiticle.  computed  on  the  annual 

manufacture  of  the  value  of  2,500,000  dollars,       -  -  .  -  -  .  175,000 

7.  On  playing  cards,  at  25  cents  per  pack,  comjjuted  (m  400,000  packs.     -  '  .        .     "       .         '  100,000 

8.  On  counsellors  and  attorneys  at  law,  process  in  suits  at  law  and  equity,  proceedings  in  admiralty, 

arbitrations,  and  references,  and  other  legal  proceedings  in  the  courts  of  the  United  States,  -  300,000 

9.  On  com  eyances,  mortgages,  and  other  contracts,  relating  to  real  estiUe,  -  -  -  250,000 

«8,495,000 
The  sum  to  be  raised  by  new  taxes,  according  to  the  estimates  of  the  Secretary's  letter,  is  -        7,000,000 


Leaving  a  surplus  for  the  expenses  of  collection,  and  errors  in  the  estimates,  of  -  -      $1,495,000 


13th  Congress.]  No.  426.  t3d  S 


KSSION. 


COMPOSITION   FOR  THE   STAMP   DUTY   ON  NOTES  OF   PRIVATE   BANKERS. 

COMMUNICATED    TO    THE    SENATE,    OCTOBER    26.    1S14. 

To  the  Senate  and  House  of  Bcprr^entatives  in  Congress  assembled,  the  memorial  of  Stephen    Girard,  of  the  Cittj 
of  Philadelphia,  in  the  Stale  of  Pennsylvania.  Merchant  and  Banker,  respectfully  showeth: 

That  your  memorialist  has  established  a  bank  in  the  city  of  Philadelphia,  upon  the  foundation  of  his  own  indi- 
vidual fjitune  and  credit,  and  for  his  own  exclusive  emolument,  and  that  he  is  wdlingmost  cheerfully  to  contribute, 
in  common  with  his  fellow  citizens  ihronghout  the  United  States,  a  full  proportion  (st  the  taxes  which  have  been  im- 
posed for  the  support  of  the  Naiional  Government  accoriling  to  the  profits  of  his  occupation  and  the  value  of  his  es- 
tate; but  a  construction  has  been  given  to  the  acts  of  Congress  laying  duties  on  notes  of  banks.  &c.  from  which  great 
difficulties  have  occurred  andgreat  ine(iualities  daily  produced  to  the  disadvantage  of  his  bank,  that  were  not.  it  is  con- 
fidently believed,  within  the  contemplation  of  the  Legi>lature. 

That  the  first  section  of  the  act  of  Congress  of  the  2d  .\ugusf,  ISl.'?,  having  imposed  a  ^lamp  duly  on  notes  issued 
by  any  banker  or  bankers,  as  well  as  by  any  banks  or  companies,  either  incorporated  or  not  incorporated,  it  is  pro- 
110  ft 


870  FINANCE.  '  [1814. 


vided  by  the  second  section  of  the  act,  "that  in  respect  to  any  stamp  on  any  of  the  notes  of  the  banks  or  companies 
aforesaid,  now  establislied,  or  which  may  hereafter  be  established  within  the  United  States,  it  shall  be  lawful  for  the 
Secretaiy  of  the  Treasury  to  agree  to  an  annual  composition,  inlieu  of  such  stamp  duty,  with  any  of  the  said  banks  or 
companies,  of  U  per  centum  on  the  amount  of  theannual  dividend  made  by  such  banks  to  their  stockholders  respect- 
ively; that  your  memorialist,  in  due  season,  oflered  to  enter  into  the  said  composition  at  the  rate  of  \k  per  centum  on 
the  amount  of  the  annual  profit  of  his  bank,  deeming  the  annual  profit  of  an  individual  banker  equivalent  in  lan- 
guage and  in  law,  to  the  annual  dividend  of  a  bank  established  by  a  corporation  or  company.  That  it  has  been  offi- 
cially declared,  however,  that  the  second  section  of  the  act  of  Congress  does  not  authorize  a  composition  with  an  in- 
dividual banker,  because  it  speaks  only  of  banks  and  companies,  (not  of  banker  and  bankers,)  and  because  it  speaks 
only  of  dividends  (not  of  profits)  made  to  the  stockholders,  and  that  hence  an  individual  banker,  acting  upon  a  cap- 
ital of  one  million  of  dollars,  and  issuing  bank  notes  to  the  amount  of  one  million  of  dollars,  is  subjected  to  the  prompt 
payment  of  a  duty  amounting  to  10,000  dollars,  while  an  incorporated  bank,  or  even  a  private  company  of  two  or  three 
bankers,  acting  upon  the  same  amount  ot  capital  and  issuing  the  same  amount  of  hank  notes,  will  only  be  liable, 
periodically,  to  the  payment  of  a  duty  amounting  to  1,500  dollars,  upon  the  customary  annual  dividend  often  per 
cent. 

That  the  first  section  of  the  act  of  Congress  of  the  2d  August,  1813,  imposes  a  stamp  duty  upon  any  promissory 
note,  or  notes  payable  either  to  bearer  or  order,  issued  by  any  banks  or  companies,  or  by  any  banker  or  bankers;  that 
the  eighth  section  of  the  act  provided  that  no  banks  or  companies,  which  shall  not  have  compounded  for  the  stamp 
duty,  shall  issue  any  bank  bill  or  promissoiy  note,  unless  upon  paper  duly  stamped,  and  whereon  the  respective 
duties  shall  have  been  paid;  and  the  twelfth  section  of  the  act  declares,  that  ail  the  paper  wanted  for  the  purpose  of 
the  stamp  duty,  excepting  paper  for  bank  notes,  shall  be  furnished,  at  the  expense  of  the  United  States,  by  the  Se- 
cretary of  the  Treasury.  That,  after  the  rejection  of  his  otier  to  enter  into  a  composition  for  the  stamp  duty,  your 
memorialist  has  complied  with  the  directions  of  the  law,  and  has  transmitted  to  tne  Commissioner  of  the  Revenue 
sheets  of  bank  notes  in  order  to  be  stamped 

That,  independent  of  the  great  hazard  and  delay  to  which  your  memoiialist  is  exposed  by  these  operations,  it  is 
obvious,  from  the  texture  and  quality  of  bank  paper,  that  the  stamp,  as  at  present  impressed  on  bank  notes  nmst  dis- 
appear in  the  course  of  an  extensive  circulation,  producing  some  uncertainty  in  the  revenue  and  probably,  great  in- 
justice to  individuals. 

And  your  memorialist  having  submitted  these  considerations  to  the  wisdom  of  Congress,  respectfully  prays,  that 
the  act  of  Congress,  may  be  so  amended,  as  to  permit  the  Secretary  of  the  Treasury  to  enter  into  a  composition  for 
the  stamp  duty,  in  the  case  of  private  bankers  as  well  as  in  the  case  of  corporations  and  companies,  or  so  as  to  ren- 
der tlie  duty  equal  in  its  operations  upon  every  denomination  of  bankers. 

STEPHEN  GIRARD. 

Philadelphia,  -2ilh  October,  1814, 


13th  Congress^]  Nq.    427.  [3d  Session-. 


DUTIES   ON   CARRIAGES. 

eommnnicatkd  to  the  house  of  represkntatives,  novkmbkr  21,  1814. 

November  15,  1814. 
Sir: 

No  subject  of  internal  taxation  has,  in  its  collection,  been  attended  with  so  much  difficulty,  as  the  duty  on 
carriages,  either  under  the  old  or  existing  system,  between  which  there  is  a  close,  though  not  an  entire  resemblance. 
This  difficulty  may  be  intrinsic,  or  may  proceed  from  the  incorrectness  of  the  principle  on  which  the  duty  is  laid. 
After  making  a  fair  allowance  for  the  first  circumstance,  I  am,  on  a  full  consideration  of  the  subject,  satisfied  that 
the  principle  of  the  existing  act  is  incorrect.  This  conviction  is  corroborated  by  the  abundant  evidence  on  the  files 
of  the  revenue  office  that  the  duty  is  extremely  unequal.  This  is  in  so  great  a  degree  the  case,  that  the  small  sum 
of  two  dollars  is  frequently  paid  on  carriages  of  greater  value  than  those  which  pay  seven,  and  even  ten  dollars. 

This  inequality  proceeds  from  the  erroneous  principle  on  which  carriages  are  classed,  the  leading  feature  of^  which 
is  the  kind  of  springs  on  which  they  hang,  which  is  rarely  a  true  criterion  of  their  value. 

It  seems  to  be  universally  admitted  that  the  duty  should  be  graduated  according  to  the  value  of  the  carriage. 

I  feel  a  confidence  in  the  opinion  that  no  classification,  founded  on  name  or  form,  can  equitably  equalize  the  duty. 
Tills  will  be  manifest  from  considering  the  ceaseless  activity  of  human  ingenuity  in  devising  new  forms,  especially 
wliere  tiie  caprice  of  fashion  rules,  perhaps  more  imperiously  than  reason,  and  novelty  and  ornament  are  more  es- 
teemed than  utility. 

The  only  remaining  resort  is,  a  classification  according  to  the  value,  which,  I  think,  presents  ihe  fewest  difficul- 
ties, and  which,  besides  the  attainment  of  a  just  equality,  will  be  attended  with  many  otner  benefits.  I  have,  accord- 
ingly, taken  tlie  liberty  to  form  a  bill  on  this  principle. 

If  the  proposed  bill  should  not  be  accepted  by  the  Committee  of  Ways  and  Means,  a  regard  to  the  public  inter- 
ests calls  for  the  expression  of  the  opinion,  that  it  will  be  indispensable  to  make  three  radical  amendments  in  the 
existing  act: 

First.  To  lay  the  duty  on  all  carriages  not  exclusively  employed  in  husbandry  or  the  transportation  of  goods. 
Under  the  present  equivocal  provision  some  abuses  are  practised,  and  much  greater  are  expected,  which  may,  per- 
haps, prove  the  act  incapable  of  execution. 

Second.  To  increase  the  penalty  for  not  entering  a  carriage. 

Third.  To  define  what  is  meant  by  iron  springs,  a  substance  which,  according  to  the  opinions  of  seventeen  out 
of  twenty-one  respectable  coachmakers,  in  different  parts  of  the  United  States,  now  before  me,  cannot  exist.  Agree- 
ably to  this  opinion,  as  it  corresponds  with  my  own,  it  will  become  my  duty,  unless  the  existing  act  be  altered,  to 
instruct  the  collectors  to  receive  the  lowest  duty  for  the  various  classes  of  carriages,  however  expensive  and  elegant 
in  their  structure,  which  hang  on  iron  jacks  or  bows,  or  .any  other  iron  substance. 

I  am,  with  great  respect, 

S.  H.  SMITH. 
Hon.  Secretary  of  the  Treasury. 


1814.]  REMISSION    OF    FORFKITURE.  871 


13thCoNORKS3.]  ^Q^  428.  [3d  Skssiok. 


REMISSION   OF    F  O  R  F  K  I  T  U  R  K. 

rOMMUNICATKU    TO     IHi;    IIOUSK   Ol'  KEI'RKSEMATIVKS,     NOVEMBKK    Sf).    1814. 

Mr.  Eppes,  from  the  Committee  of  VV:iys  and  Mfaiis,  to  whom  was  lefericd  (he  petition  of  Justin  and  Elias  Lyman, 

made  (lie  fullovvins  report: 

That  the  facts  which  are  material  to  a  decision  on  the  prayer  of  the  petition,  ai<'  contained  in  a  letter  from  the 
Secretary  of  the  Treasury  to  the  chairman  of  this  cdiuniittee.  which  accompanies  this  report.  From  this  statement 
of  facts,  it  appears,  Isl,  that  the  unlawful  iinpiMiatioii  was  made  by  the  express  (irder  of  the  agents  of  the  petitioners; 
2d,  that  the  papers  of  the  schooner-  and  her  cari^o  exhibited  on  the  entry  at  the  custom  luiuic  at  Newport,  were 
false,  colorable,  and  fraudulent;  .3d.  that  the  real  facts  of  the  case  comiivn;  accidentally  to  the  knowledge  of  the 
collector,  without  any  disclosure  on  the  part  of  the  petitioners,  the  schooneiand  cargo  were  sei/.ed  and  libelled  as 
forfeited;  and  the  late  Secretary  of  the  'I'reasury  refused  to  remit  the  forfeitures  incurred,  "  because  it  did  not  ap- 
pear, to  his  saisfaction,  that  tlie  said  forfeitures  and  penalties  were  incurred  without  wilful  negligence  or  any  in- 
tention of  frautl-  On  a  review  of  the  circumstances  of  the  case,  the  committee  concur  in  the  opinion  already  pro- 
nounced by  the  Treasury  Department,  that  the  petitioners  are  not  entitled  to  relief.  The  following  resolution  is 
therefore  submitted: 

Resolved^  That  the  prayer  of  the.  petition  ought  not  to  be  granted. 


Tkeasi'ky  Department,  2I,v/  Novetnbcr,  18M. 
Sir: 

In  answer  to  your  inquiries,  on  behalf  of  the  Committee  of  Ways  and  Means,  I  have  the  hormr  to  state,  that 
on  the  28th  of  June,  1811,  the  late  Secretary  of  the  Treasury  decided  not  to  remit  the  forfeitures  and  penalties  incur- 
red by  the  petitioners,  because,  '"itdid  not  appear,  to  his  satisfaction,  that  the  said  forfeitures  and  penalties  were 
incuired,  without  wilful  negligence,  or  any  intention  of  fraud."*  I  cannot  discover  any  reasim  to  presume,  that  the 
Secretary  declined  acting,  at  any  time,  on  the  ground,  that  the  general  power  to  remit,  did  not  embrace  the  present 
case,  and  having,  in  fact,  acted,  his  decisiiui  is  final,  unless  the  ])etitioner.>  can  entitle  themselves,  by  the  equitable 
circumstances  of  their  case,  to  the  favor  of  Congress. 

The  information  to  be  collected  in  this  department,  upon  the  merits  of  tin-  case,  appears  to  authori/,e  the  follow- 
ing general  statement  of  facts: 

That  the  petitioners,  merchants  of  New-York,  in  April  or  May,  1810.  were  holders  of  bills  of  exchange  for  £1,100 
sterling,  drawn  in  Berbice,  on  merchants  in  Glasgow ,  which  they  negotiated,  but  which  they  were  afterwards  obliged 
to  pay  on  being  returned  protested  for  non-payment.  That,  in  the"  spring  of  1811,  the  petitioners  sent  the  bills  to 
Berbice,  in  order  to  recover  the  amount  from  the  drawer,  and  their  agentsaccepted  a  quantity  of  coftee  in  payment. 
That  the  coft'ee  was  shipped  from  Berbice  to  St.  Andrews,  in  Nova  Scotia,  where  it  arrived  in  the  month  of  Februa- 
ry, or  March,  1812,  and  was  there  landed  and  stored;  that,  upon  the  declaration  of  war,  in  June,  1812,  the  petitioners 
assigned  the  coffee,  in  trust,  to  Messrs.  Murray  and  Sons,  of  New-York,  who  were  well  known  at  St.  Andrews, 
and,  particularly,  to  the  consignees  of  the  coffee.  That,  on  the  2Gth  of  December,  1812,  the  petitioners  applied  to  the' 
Secretary  of  the  Treasury.  (Mr-  Gallatin)  for  permission  to  import  the  coffee  into  the  United  States,  but  were  re- 
fused. That,  early  in  the  year  1813,  the  consignees  requested  Messrs.  Murray  and  Sons  to  remove  the  coffee, 
expressiiig  some  doubts  of  its  safety  at  St.  Andrews:  and,  thei-eupon.  Messrs.  Murray  and  Soih,  at  the  instance  of 
the  petitioners,  assigned  the  coffee  in  trust,  to  a  Portuguese,  in  order  that  it  might  be  protected,  as  neutral  property, 
from  British  cai)ture,  on  its  passage  to  the  United  States.  That  the  coffee  was  afterwards  (about  the  2d  of  August, 
1813)  shipped  on  board  of  a  Portugue-.e  schooner,  and  brought  to  Newport,  in  Rhode  Island,  about  the  2ith  of 
August,  1813,  when  the  captain  ol  the  schooner  reported,  that  he  had  arrived  from  St.  Bartholomew.  That  the 
captain  delivered  to  the  collector  of  Newport,  suiiilry  documents,  and  particularly,  1st.  certificates,  dated  Gustavia, 
St.  Bartolomew,  June  2(iih,  and  28th,  1813;  stating  the  cargo  of  coffee,  to  be  the  growth  and  produce  of  Spanish 
settlements,  and  that  it  iiad  been  imported  into  that  island;  2d,  a  clearance  tor  the  Portuguese  schooner,  dated  at 
Gustavia.  island  of  St.  Bartholomew.  June  2t;th.  1813,  particularly  specifying  the  cargo  of  coffee.  That,  upon 
these  documents.  t!ie  schooner  was  admittetl  to  an  entry,  bonds  were  given  for  the  duties.and  the  cargo  was  land- 
ed, 'i'hat.  the  real  facts  of  the  case  coining,  accidentally  to  the  know  ledge  of  the  collector,  without  any  disclosure 
on  the  part  ol' the  petitioners,  the  schoiuier  and  the  coffee  were  seized  and  libelled  as  forfeited  under  the  non-im- 
portation law;  the  petitioners  applied,  in  due  form,  to  the  Secretary  of  the  Treasury  for  a  remission,  and  the  Secre- 
tary decided  not  to  remit. 

Upon  these  general  facts,  the  district  attorney,  and  the  collector  of  Newport,  have  objected  to  a  remission  v>i 
the  forfeiture:  1st,  because  the  unlawful  importation  w  as  made,  by  the  express  order  of  the  agents  of  the  petitioners; 
2d,  because  it  diil  not  appear  that  the  petitioners  informed  their  agent,  that  the  Secretary  of  the  Treasury  had  re- 
fused to  permit  the  importation  of  the  coffee;  3(1,  that  the  papers  of  the  schooner  and  her  cargo,  exhibited  on  the 
entry  at  the  custom  house  of  Newport,  were  false,  colorable,  atid  fraudulent. 

In  answer  to  these  objections,  the  pL'titioners  allege:  1st.  that  by  clothing  the  American  property  with  a  neutral 
cover,  they  meant  to  elude  the  British  cruisers,  and  privateers;  not  to  violate  the  laws  of  this  country:  2d,  that  the 
colorable  docuim-nts.  reS()ecting  the  origin  of  the  cargo,  and  the  clearance  of  the  vessel,  were  put  onboard  by  the 
agent  of  the  petitioners,  without  their  authority;  and  might  have  been  designed  to  enable  the  schooner  to  escape  cap 
ture  by  American  privateers,  until  the  vessel  should  arrive  in  a  port  of  the  United  States,  when  an  appeal  could  be 
made  to  the  equity  of  the  Government  for  relief  against  the  Ibrfeiture  incurred  by  the  importation;  3d,  that  the 
captain  of  the  Portugues"--  >chooner  was  ignoiaiit  of  our  language  and  laws:  that  he  made  an  entry,  without  instruc- 
tions from  the  ])etitioners,  and  contrary  to  their  intention;  and  that  the  colorable  papers  ought  not  to  have  been  pro- 
duced at  the  custom  house  without  an  explanation  of  the  lact«;  4th,  that  the  silence  of  the  petitioners,  on  the  im- 
propriety of  the  entry  upon  false  pai)ei>,  was  owing  to  their  desire  to  avoid  involving  the  Portuguese  cai)tain  in  the 
penalties  of  the  law. 

Under  these  circMmstances,  the  case  rests  with  the  committee;  and  (returning  the  papers  accompanying  their 
reference)  I  have  only  to  repeat  the  assurances  of  tlie  ?incere  respect,  with   which  I  am.  ?ir. 

Your  most  obedient  servant. 

A.  J.  DALLAS. 


872  FINANCE.  [1814. 


13th Congress.]  No.  429.  [3d  Session. 


BANK  OF  THE  UNITED  STATES. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    NOVEMBER    "^8,    1814. 

Washington,  November  ^7 fh,  1814. 

Sir:  .  .        ,  ,      . 

The  committee  of  the  House  of  Representatives,  to  which  the  bank  bill  was  re-committed  on  Friday  last, 

hiive  directed  me  to  request  you  to  communicate  your  opinion,  in  relation  to  the  eifect  wliich  a  considerable  issue 
of  treasury  notes,  (to  whicli  shiiuld  be  attached  the  quality  of  being  receivable  in  subscriptions  to  the  bank)  might 
have  upon  the  credit,  and  particularly  upon  the  prospects  of  a  loan  for  1815.  As  the  bill,  as  it  was  referred  to  the 
committee,  provides  for  the  subscription  of  forty-four  millions  of  treasury  notes,  to  form,  with  six  millions  of  specie, 
ihe  capital  of  the  bank;  any  informatitm  which  you  may  think  proper  to  give,  either  in  relation  to  the  practicability 
of  getting  them  into  circulation  without  depreciation,  or  in  regard  to  their  operation  on  any  part  of  our  fiscal  sys- 
tem afterwards,  will  be  very  acceptable. 

I  am,  sir,  very  respectfully,  your  obedient  servant, 

WILLIAM  LOWNDES. 
To  Ihe  Honorable  the  Secretary  of  the  Treasury. 


Treasury  Department,  November  27,  1814. 
Sir: 

1  have  the  honor  to  acknowledge  the  receipt  of  your  letter,  requesting,  for  a  committee  of  the  House  of  Re- 
presentatives, an  opinion  upon  the  following  inquiries: 

1.  The  effect  which  a  considerable  issue  of  treasury  notes,  with  the  quality  of  being  receivable  in  subscrip- 
tions to  a  national  bank,  will  have  upon  the  credit  of  the  Government;  and  particularly,  upon  the  prospects  of  a 
loan  for  1815. 

2.  The  practicability  of  getting  torty-four  millions  of  treasury  notes,  forming,  with  six  millions  of  specie, 
the  capital  for  a  national  bank,  into  circulation,  without  depreciation. 

The  inquiries  of  the  committee,  cannot  be  satisfactorily  answered,  in  the  abstract,  but  must  be  considered,  in 
connexion  with  the  state  of  our  finances,  and  the  state  of  the  public  credit. 

When   I  arrived   at  Washington,  the  treasury  was  suffering  under   every  kind   of  embarrassment.     The  de- 
mands upon  it  were  great  in  amount;  while  the  means  to  satisfy  them,  were,  comparatively  small,  precarious  in  the 
collection,  and  difficult  in  the  application.     The  demands  consisted  of  dividends  upon  old  and  new   funded  debt, 
of  treasury  notes,  and  of  legislative  appropriations  for  the  army,  the  navy,  and  the  current  service;  all  urgent,  and 
important.     The  means  consisted,  first,  of  the  fragment  of  an  authority  to  borrow  money,  when  nobody  was  disposed 
to  fend,  and  to  issue  treasury  notes,  which  none  but  necessitous  creditors,  or  contractors,  in  distress,  or  commissaries, 
quartermasters,  and  navy  agents,  acting,  as  it  were,  officially,  seemed  willing  to  accept:  2d.  Of  the  amount  of  bank 
credits,  scattered  throughout  the  United  vStates,  and  principally  in  the  southern  and  western  banks,  which  had  been 
rendered,  in  a  great  degree,  useless,  by  the  stoppage  of  payments  in  specie,  and  the  consequent  impracticability  of 
transferring  the  public  iunds  from  one  place,   to  meet  the   public  engagements  in  another  place:     3d.  Of  the  cur- 
rent  supply  of  money  from  the   import,  from  internal  duties,  and  from  the  sales  ot  public  land;  which  ceased  to  be 
a  foundation  of  any  rational  estimate,  or  reserve,  to  provide  even  for  the  dividends  on  the  funded  debt,  when  it  was 
found  that  the  treasury  notes,  (only  requiring,  indeed,  a  cash  payment  at  the  distance  of  a  year)  to   whomsoever 
they  were   issued  at  the  treasury,  and  almost  as  soon  as  they  were  issued,  reached  the  hands  of  the  collectors,  in 
payment  of  debts,  duties,  and  taxes;  thus  disappointing  and  defeating  the  only  remaining  expectations  of  produc- 
tive revenue. 

Under  those  circumstances,  (which  I  had  the  honor  to  communicate  to  the  Committee  of  Ways  and  Means,)  it 
became  the  duty  of  this  department,  to  endeavor  to  remove  the  immediate  pressure  from  the  treasury;  to  endeavor 
to  restore  the  public  credit;  and  to  endeavor  to  provide  for  the  expenses  of  the  ensuing  year.  The  oidy  measures  that 
occurred  to  my  mind,  for  the  accomplishment  of  such  an  important  object,  have  been  presented  to  the  view  of   Con- 
gress.    The  act,  authorising  the  receipt  of  treasury  notes  in  payment  of  subscriptions  to  a  public  loan,  was  passed, 
I  fear,  too  late  to  answer  the  purpose  for  which  it  was  designed.     It  promises,  at  this  time,  little  relief,  either  as  an 
instrument  to  raise  money,  or  to  absorb  the  claims  for  treasury  notes,  which  are  daily  becoming  due.     From  this 
cause,  and  other  obvious  causes,  the  dividend  on  the  funded  debt,  has  not  been  punctually  paid;  a  large  amount  of 
treasury  notes,  has  already  been  dishonored;  and  the  hope  of  preventing  further  injury,  and  reproach,  in  transacting 
business  with  the  treasury,  is  too  visionary  to  afford  a  moment's  consolation. 

The  actual  condition   of  the  treasury,    thus  described,  will  serve  to  indicate  the  state  of  the  public  credit. 
Public  credit  depends,  essentially,  upon  public  opinion.     The  usual  test  of  public  credit  is,  indeed,   the  value  of 
public  debt.     The  faculty  of  borrowing  money,  is  not  a  test  of  public  credit;  for  a  faithless  Government,  like  a  des- 
perate individual,  has  only  to  increase  the  premium,  according  to  the  exigency,  in  order  to  secure  a  loan.    Thus, 
public  opinion,  manifested  in  every  form,  and  in  every  direction,  hardly  permits  us,  at  the  present  juncture,  to  speak 
of  the  existence  of  public  credit;  and  yet,  it  is  not  impossible,  that  the  Government.in  the  resources  of  its  patronage, 
and  its  pledges,  might  find  the  means  of  tempting  the  rich,  and  the  avaricious,  to  supply  its  immediate  wants.   But, 
when  the  wants  of  to-day  are  supplied,  what  is   the  new  expedient,  that   supply  the  wants  of  to-morrow.''    If  it  is 
now  a  charter  of  incorporation,  it  may  then  be  a  grant  of  land;  but,  after  all,  the  immeasurable  tracts  of  the  western 
wild,  would  be  exhausted  in  successive  efforts  to  obtain  pecuniary  aids,  and  still  leave  the  Governmeat  necessitous, 
unless  the  foundations  of  public  credit  were  re-established,  and  maintained.     In  the  measures,  therefore,  which  it 
has  been  my  duty  to  suggest,  I  have  endeavored  to  introduce  a  permanent  plan  for  reviving  the  public  credit;  of 
which  the  facility  of  borrowing  money,  in  anticipation  of  settled  and  productive  revenues,  is  only  an  incident,  al- 
though it  is  an  incident  as  durable  as  the  plan  itself.     The  outline  seemed  to  embrace  whatever  was  requisite,   to 
leave  no  doubt  upon  the  power  and  the  (lisposition  of  Government,  in  relation  to  its  pecuniary  engagements,  todi 
minish,  and  not  to  augment  the  amount  of  public  debts,  in  the  hands  of  individuals,  and  to  creategeneral  confidence, 
rather  by  the  manner  of  treating  the  claims  of  the  present  class  of  creditors,  than  by  the  manner  of  conciliating  the 
favor  of  a  new  class. 

With  these  explanatory  remarks,  sir,   I  proceed  to  answer,  specifically,  the  questions  which  you  have  pro- 
posed: .  ...... 

1.  I  am  of  opinion,  that  considerable  issues  of  treasury  notes,  with  the  quality  of  being  reicevable  in  subscrip- 
tions to  a  national  bank,  will  have  an  injurious  effect  upon  the  credit  of  the  Government;  and,  also,  upon  the  pros- 
pects of  a  loan  for  1815. 

Because,  it  will  confer,  gratuitously,  an  advantage  upt)n  a  class  of  new  creditors,  over  the  present  creditors  of 
the  Government,  standing  on  a  footing  of  at  least  equal  merit. 

Because,  it  will  excite  general  dissatisfaction  among  the  present  holders  of  the  public  debt;  and,  generally, 
distrust  among  the  capitalists,  who  are  accustomed  to  advance  their  money  to  the  Government. 

Because,  a  quality  of  subscribing  to  the  national  bank,  attached  to  treasury  notes,  exclusively,  will  tend  to 
depreciate  the  value  of  all  public  debt,  not  possessing  that  quality;  and  whatever  depreciates  the  value  of  the  public 
debt  in  this  way,  must  necessarily  impaii*  the  public  credit. 


1814.]  INCOME    TAX.  873 


Because,  the  specie  capital  of  the   citi/.ens  of  (he  United  States,  so  far  as  it  may  be  deemed  applicable  to  in 
vestments  in  the  public  stocks,  has  already,  in  a  s;rea(  measure,  been  so  vested;  the  holders  of  the  present  debt,  will 
be  unable  to  become  subscribers  to  the  bank,  (it  iliat  object  sliouid,  eventually,    prove  desirable)    without  selling 
their  stock  at  a  depreciated  rate,  in  oidcr  to  procure  ihe  whole  anuiunt  of  their  subscriptioris  in  treasury  notes;  and 
ageneral  depression  in  the  value  of  the  public  debt,  will  inevitably  ensue. 

Hecause,  the  very  proposition  of  makinji  a  considerable  issue  oltieasury  notes,  even  witli  the  quality  of  being 
subscribed  to  a  natiiuial  bank,  cari  only  be  regarded  as  an  experiment,  on  which  it  seems  dangerous  to  rely;  the 
treasury  notes,  must  be  purchased  at  par,  with  money;  a  new  set  of  creditors  are  to  be  created;  it  may,  or  it  may 
not,  be  deemed  ati  object  of  speculation,  by  the  money  holders,  to  subscribe  to  (he  bank;  the  result  of  the  ex|uTinient 
cannot  be  ascertained,  until  it  will  be  too  lale  to  provide  a  remedy,  in  tin-  case  of  failure;  while  the  credit  of  the 
Government  will  be  alfecled.  by  every  circumstance  which  keeps  the  etlicacy  of  its  fiscal  operations  in  susjienseor 
doubt. 

Because,  the  prospect  of  a  loan,  for  the  year  1815,  wiihout  the  aid  of  a  bank,  is  faint  and  unpromising;  ex- 
cept, perhaps,  so  far  as  the  pledge  of  a  specific  tax  may  succeed;  and  then,  it  must  be  lecollected,  that  a  considerable 
supply  of  money  will  be  required  for  the  prosecution  of  the  war,  beyond  the  whole  amount  of  the  taxes  to  be 
levied. 

Because,  if  the  loan  for  the  year  1815  be  made  to  depend  upon  the  issue  of  treasury  notes,  subscribable  to 
the  national  bank,  it  will,  piobably  fail,  for  the  reasons  which  have  already  been  suggested;  and.  if  theloan  be  inde- 
pendent of  that  operation,  aconsiderablt;  issue  of  Ireasuiy  notes,  for  the  purpose  of  creating  a  bank  capital,  must,  it  is 
believed,  deprive  the  Governnient  of  every  chance  of  raising  money,  in  any  other  mannei-. 

2.  lam  of  opinion,  that  it  will  be  extremely  ditticult,  d'not  impracticable,  togetforty-four  millions  of  treasury 
notes,  (forming,  with  six  millions  of  specie,  the  capital  of  a  national  bank,)  into  circulation,  with  or  without  de- 
preciation. 

Because,  if  the  subscription  to  the  bank  becomes  an  object  of  speculation,  the  treasury  notes  will  probably 
be  purchased  at  the  treasury,  and  at  the  loan  offices,  and  never  pass  into  circulation  at  all. 

Because,  whatever  portion  of  the  treasury  notes  might  pass  into  circulation,  would  be  speedily  withdrawn,  by 
the  speculators  in  the  subsciiption  to  the  bank,  after  arts  had  been  employed  to  depreciate  their  value- 

Because,  it  is  not  believed,  that,  in  the  present  state  of  the  public  credit,  forty-four  millions  of  treasury  notes, 
can  be  sent  into  circulation.  The  only  diftereiice  between  the  treasury  notes  m)w  issued,  and  dishonored,  and  those 
proposed  to  be  issued,  consists  in  the  subscribable  quality;  but  reasons  have  already  been  assigtu-d  for  an  opinion, 
that  this  difference  does  not  afford  such  ccmfidence  in  the  experiment,  as  seems  requisite  to  justify  a  reliance  up(m  it, 
for  accomplishing  some  of  the  most  interesting  objects  of  the  Government. 

I  must  beg  you,  sir,  to  pardon  the  haste,  with  which  1  have  written  these  general  answers  to  your  inquiries. 
But,  knowing  the  importance  of  time,  and  feeling  a  desire  to  avoid  every  appearance  of  contributing  to  the  loss  of  a 
moment,  I  have  chosen  rather  to  rest  upon  the  intelligence  and  candor  of  the  committee,  than  to  enter  upon  a  more 
labored  investigation  of  the  subject  referred  to  me. 

I  have  the  honor  to  be,  very  respectfully,  your  obedient  servant, 

A.  J.  DALLAS. 
William  Lowndes,  Esq. 


13th  Congress.]  No.  430.  [3d  Session. 


INCOME    TAX. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    DECEMBER    3,     1814. 

Mr.  EppEs,from  tlie  Committee  of  Ways  and  Means,  to  whom  was  referred  a  resolution  of  the  House  of  Represen- 
tatives, instructing  them  to  inquire  into  the  "expediency  of  laying  a  duty  on  all  salaried  officers,  and  on  the 
professional  income  of  lawyers,  solicitors,  and  counsellors,  and  on  the  legal  proceedings  of  courts  of  justice," 
made  the  following  report: 

That  a  tax  upon  salaries  can  only  be  expedient  and  proper  under  arbitrary  Governments,  where  pensions  and 
places  are  bestowed  without  a  just  regard  to  the  public  interest.  In  the  United  States,  accordmg  to  tne  principles 
of  our  Government,  no  salary  can  be  allowed  except  as  a  compensation  tor  public  service:  a  tax  operates  as  a  deduc- 
tion from  the  salary,  and  such  a  tax  so  far  as  respects  the  officers  of  the  United  States,  would  be  an  admission  on  the 
part  of  the  Legislative  body,  that,  in  fixing  the  salaries  of  their  public  officers,  the  public  interest  had  been  disre- 
garded, and  more  than  a  just  compensation  allowed.  Without  deciding  whether  in  some  instances  this  may  not  be 
the  case,  the  committee  are  of  opinion,  that  if  the  evil  exists,  the  proper  constitutional  remedy  is  not  a  tax,  but  a 
reduction  of  the  salaries.  The  second  member  of  the  lesolution  embraces  the  income  of  lawyers,  solicitors,  and 
counsellors.  The  selection  of  a  particular  class  of  the  community,  which  already  pays  in  common  with  others,  a 
tax  on  property  and  on  consumption,  and  imposing  on  it  an  income  tax  from  which  every  other  class  is  exempted, 
would  be  a  departure  from  that  system  of  equal  and  exact  justice,  which  ought  to  forin  the  basis  of  legislation  in  a 
free  country.  The  third  member  of  the  resolution  proposes  a  tax  on  the  legal  proceedings  of  courts.  This  tax,  if 
confined  to  the  courts  of  the  United  States,  would  be  unproductive.  If  extended  to  the  State  courts,  difficult  in 
the  collection.  It  would  fall  principally  on  the  necessitous  and  unfortunate,  and  produce  collision  with  the  State 
authorities.  Upon  the  whole  it  is  considered  inexpedient  to  resort  to  either  of  the  proposed  t?xes.  The  following 
resolution  is,  therefore,  submitted: 

Resolved,  That  it  is  inexpedient  to  impose  a  duty  on  salaried  officers,  on  the  income  of  lawyers,  or  on  the  pro- 
ceedings of  courts  at  law. 


374  FINANCE.  [1814. 


13th  Congress.  No.  431.  [3dSEssioi*. 


MONEYS   PAID   FOR  MILITARY   SERVICES   RECEIVABLE   IN  PAYMENT  OF  TAXES. 

COMMDNICATKD  TO  THE  HOUSK  OF  RKTUESENTATIVES,  DECEMBER  3,  1814. 

Mr.  Eppes,  from  the  committee  of  Ways  and  Means,  to  whom  was  referred  a  resolution  of  the  House  of  Represen- 
tatives, instructing  tliem  to  inquire  into  the  expediency  of  providing  by  law,  that  any  kind  of  money  paid  by  the 
Government,  to  the  troops  in  the  service  of  the  United  States,  for  mihiary  services,  shall  be  receivable  from  the 
people  in  payment  of  taxes,  made  the  following  report: 

That,  under  the  general  power  to  regulate  the  collection  cf  ta'res,  ths  Secretary  of  the  Treasury  is  prepanng 
instructions  to  the  cdlectors,  in  which  a  uniform  rule  as  to  the  leceipt  of  bank  notes  will  be  prescribed.  The  com- 
mittee consider  that  it  would  be  unsafe  to  designate,  by  law,  the  notes  in  which  taxes  shall  be  received,  and  that  a 
due  regard  for  the  public  interest  requires  that  this  subject  should  be  regulated,  at  present,  by  instructions  issued, 
from  time  to  time,  from  the  Treasury  Department,  which  may  be  so  framed,  as  to  unite  the  safety  of  the  revenue 
with  the  accommodation  of  the  individual  citizens.  A  statement  of  the  circumstances  which  produced  the  resolu- 
tion drawn  up  by  the  representatives  of  Tennessee,  together  with  a  letter  from  the  Secretary  of  the  Treasury,  ac- 
companies this  report,  and  the  committee  submit  the  following  resolution: 

Bcsolued,  That  it  is  inexpedient  to  designate  by  law  the  bank  notes  which  shall  be  receivable  in  payment  ot 
taxes. 


Treasury  Department,  November  23,  1814. 

I  have  the  honor  to  acknowledge  the  receipt  of  your  letter,  dated  the  21st  instant,  enclosing  a  resolution  ol 
the  House  of  Representatives,  passed  the  11th  instant,  directing  an  inquiry  "  into  the  expediency  of  providing  by 
law  that  any  kind  of  money  which  may  be  paid  by  the  Goveinment  to  the  troops  m  the  service  of  the  United  States 
for  military  services,  shall  be  receival)le  in  pavment  from  the  people  in  taxes.'' 

In  the  course  of  an  endeavor  to  ascertain  the  grounds  of  the  resolution,  I  have  been  favored  with  a  communication 
from  the  representatives  of  Tennessee  in  Congress,  (of  which  a  copy  is  annexed)  in  addition  to  the  general  informa- 
tion possessed  in  this  department;  and  I  believe  that  the  f^cts  of  the  case  are  briefly  these: — The  Secretary  at  War, 
liaving  occasion  for  money  to  pay  the  militia  who  marched  from  Tennessee  against  the  Creek  Indians,  obtained  a 
loan  in  bank  notes,  for  that  purpose,  from  the  Bank  of  Chilicothe.  Some  of  these  notes  have  since  been  offered  in 
payment  of  taxes  to  the  collectors  of  the  internal  duties  in  the  State  of  Tennessee;  but,  as  the  banks  af  Tennessee 
(where  the  money  collected  for  taxes  is  required  to  be  deposited)  refuse  to  receive  them  as  cash  deposites,  the  col- 
lectors, in  their  turn,  refuse  to  receieve  them  ascasii  for  taxes.  t)wing  to  the  causes  suggested,  in  the  communica- 
tion to  which  I  have  already  referretl,  and,  peihaps.  to  other  causes,  perfectly  consistent  with  the  geneial  solvency 
of  the  bank  of  Ciiilicothe,  the  notes  circulating  in  Tennessee  have  suffered  a  considerable  depreciation.  They  have 
already  been,  it  is  alleged,  an  object  of  speculati(m;  those  paid  by  the  United  States  to  the  militia  cannot  now  be 
distinguished  from  other  imtes  issued  by  the  bank  of  Chilicothe;  and  any  attempt  to  give  the  former  a  preference, 
in  the  payment  of  taxes,  would  probably  increase  the  arts  of  speculation,  as  well  as  the  other  inconveniences  of 
which  the  citizens  of  Tennessee  complain. 

Under  these  circumstances,  the  case  is,  obviously,  one  of  great  delicacy.  The  Government  has  passed  the  notes 
at  their  nominal  value:  but  it  is  equally  true,  that  the  Government  is  bound  to  pay  for  them  to  the  bank,  according 
to  their  nominal  value.  The  Government  did  not  contract  any  engagement  to  support  the  credit  of  the  notes,  nor 
to  acce[)t  them  in  payment  of  duties  at  any  subsequent  period:  and  all  the  persons  who  have  accepted  the  notes, 
either  in  payment  fiom  the  Government,  or  by  transfer  from  the  militia,  have  done  so  voluntarily,  without  any 
pretence  of  reliance  upon  any  such  engagement.  If,  therefore,  it  should  be  deemed  proper  to  direct,  by  the  legis- 
lative authority,  that  the  notes  of  the  bank  of  Chilicothe  shall  be  received  in  payment  tor  duties,  the  principle  of 
tiie  direction  will  be  equally  applicable  to  every  other  case  where  the  Goveinment;  has  paid  its  troops  or  creditors 
in  bank  notes,  which  have  afterwards  suffered  (from  whatever  cause)  a  ilepreciation  in  credit  or  circulating  value. 
The  effect  of  such  a  law.  upon  the  public  revenues,  need  not  be  particularly  stated. 

Considering  the  subject,  however,  as  a  general  subject,  meriting  the  serious  attention  (if  the  Treasury  Depart- 
ment. 1  am  preparing  instructions  to  the  collectors,  to  regulate  their  conduct  in  receiving  bank  notes  tor  taxes. 
Tiie  design  of  the  instructions  will  be,  to  unite  the  security  of  the  revenue  w  ith  the  accommodation  of  the  bunks,  as 
well  as  ot  individual  citizens,  during  the  disordered  condition  of  the  circulating  medium  of  the  country;  and,  in 
making  this  arrangement,  I  shall  be  highly  gratified  to  find,  that  the  views  of  the  mover  of  the  resolution  under 
consideration,  can  be  accomplished. 

1  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

A.  .1.  DALLAS. 

.1.  W.  Kri'i-.s,  Esq.,  Cliairman  of  the  Committee  of  fi'aijn  mid  Means. 


Congress  Hall,  A'ovember,  1811. 

Sir: 

it  may  be  satisfactory  to  you  to  be  informed  of  the  situation  of  the  banks  in  tfie  State  of  Tennessee.  There 
are  two  banks  in  that  State;  one  at  Knoxville,  and  the  other  at  Nashville:  both  of  tliein  of  unquestionable  credit 
and  solvency.     No  suspension  has  taken   place  of  specie  payments,  nor  do  we  believe  any  suspension  will  take 

^Vith  respect  to  the  bank  of  Chilicothe,  in  the  notes  of  which  most  of  the  troops  in  the  service  ()f  the  United 
States,  from  the  State  oi'  Tennessee,  have  been  paid,  we  can  only  observe,  that  no  doubt  was  entertained  of  its  sol- 
vency and  ability  to  discharge  its  respective  engagements,  so  far  as  we  have  been  informed;  but  tiie  notes  would 
not  circulate  without  considerable  discount.  This,  we  think,  was  produced  in  consequence  of  the  course  of  trade 
being  from  the  Southwest.  Eastwardfy,  and  Northeast,  and  money  was  not  wanted  at  Chilicothe  by  the  citizens  of 
the  mercantile  towns  in  Tennessee,  and  not  by  any  doubt  existing  of  the  solvency  of  the  bank. 

As  these  notes  do  not  suit  the  commercial  relations  existing  between  the  citizens  of  Tennessee  and  the  Eastern 
States,  we  do  not  wish  them  to  be  further  used  in  the  payment  of  troops  there. 

The  iefus:d.  by  the  Government,  to  receive  them  again  in  payment  of  taxes,  has  necessarily  produced  consider- 
able irritation,  and  it  is  believed,  ljy  some  of  the  people  there,  to  be  an  intentional  attempt  to  impose  on  them. 

'i'he  spirit  of  patriotism  and  inilitary  ardor,  now  existing  in  as  high  a  degeee  as  in  any  part  of  the  United  States, 
is  sinking  under  the  injustice  of  this  measure. 

We  have  the  honor  to  be,  very  respectfully,  yours,  &c. 

P.  W.  HUMPHREYS, 
JOHN  H.  BOWER, 
THOS.  K.  HARRIS, 
N.  CANNON. 


1814.]  REMISSION    OF    FORFEITURE.  375 


PJJii^^N':-it_ESs.  ]Vo.  432.  [Sd   Session. 


REMISSION    OF    FORKKIPrRE. 

COMMUVirATEn  TO  THE   HOl'SK  OF  KEI'RK.SKSTAI  l\  I'S,   DKCKMHER  .1.    18U. 

Mr.  Eppes.  from  the  Committee  of  Ways  and  .Moans,  to  w  liom  was  referrod  the  petition  of  Noah  Shaw,  made  i}u- 

following  report: 

That  the  facts  necessary  for  forming  an  opinion  on  the  case,  are  stated  in  a  leiter  from  tlie  Secretary  of  the 
Treasury,  wliich  accompanies  this  report.  From  this  statement  it  appears  thai  the  petitioner  is  not  entitled  to 
relief  uiKh^r  the  special  act  of  Congress,  passed  on  the  second  <lay  of  Jaimary.  Ibl.'i:  and  that  the  former  Secretary- 
refused,  under  the  general  law  of  tlie  third  of  March.  17!»7,  to  remit  the  forfeiture  incurred  Ijy  the  [)etitioner.  on  the 
ground,  that  it  did  not  appear;  to  his  satisfaction  that  the  forfeiture  was  irrcurred  without  wilful  iu'gligence,"or-  any 
intention  of  fraud.  On  a  r-eview  of  the  circumstances,  the  committee  concur  irr  o|)inioii  uitli  the  late  Secnitary  of 
the  Treasury,  that  the  petitioner-  is  not  entitled  to  relief.  The  following  resoluliorr  is,  therelore,  submitted: 
Resolved,  That  the  prayer  of  the  petitioner  ought  not  to  be  gi-anted. 


TiiEAscRY  Dkpart.memt,   Xovnahcr  1.  ISil. 
Sir: 

In  answer  to  your  letter  of  the  28th  ultimo.  I  have  the  honor  to  state,  from  the  documents  which  accompany 
the  reference  of  the  Committee  of  Ways  and  Means,  and  iVom  the  facts  ascertained  at  the  Treasury  Department, 
that,  in  the  year  181.3.  Noah  Shaw,  on  behalf  of  Samuel  Salsbury.  and  A.  P.  Cleavelanil,  of  Hoston.  presented  a 
petition  to  the  judge  of  the  district  court  for  the  district  of  Veirnont.  setting  forth,  that  Salsbury  and  Cleavelaird'. 
on  the  0th  of  .lune,  1811.  had  imported  into  the  province  of  Upper  Canada,  from  Liver-pool,  iii  England,  certain 
goods,  (specified  in  the  invoice  annexed)  which  they  afterwards,  on  the  5th  of  March.  1813.  imported  into  ISurling- 
ton,  in  the  district  of  Vermont:  that  the  goods  being  owned  by  citi/.ens,  \\ei-e  imported  into  Canada  on  boar-d  of^a 
ship  which  departed  from  Liverpool  between  the  '33d  of  June  and  tlie  15th  of  September,  to  wit:  on  the  first  of 
August.  1811;  and  that  the  goods  were  purchased  in  Or-eat  Britain  befor-e  the  war  was  there  known  to  exist. 

That,  on  the  '30th  of  November.  1813.  the  district  judge  certified  to  the  Secretary  of  the  rieasury  the  petition 
ami  the  proofs,  hut  he  made  no  stateinent  of  facts:  and,  on  the  l'3th  of  .luly,  1814,  the  Seci-etar-y  of  "the  Tieasuiy 
decided,  in  for-m.  not  lo  remit  the  forfeitut-e  incui-ied  by  the  importation  of  the  goods  into  the  L'luted  States. 

That  it  ajipeai-s  by  the  petition  which  Noah  Shaw  has  recently  pr-esented  to  C'oirgiess.  that  Salsbuiy  ami  Cleave- 
land  had  sold  the  goods  to  B.  and  C.  Adams,  on  the  '3'3d  of  September-,  1812,  from  whom  they  were  purchased  bv 
Noah  Shaw,  on  the  llth  of  .laimary.  1813.  with  a  view  to  the  im|)ortation,  which  he  ettt'cted  "in  the  ensuing  moi;th 
of  March.  • 

Upon  tiiese  facts  I  take  the  liberty  to  offl'r  the  following  observations,  for-  the  consideration  of  the  committee: 

1.  That,  from  the  terms  of  the  petition  to  the  disti-ict  judge,  it  appears  that  Mr.  Shaw  interrded  to  seek  relief,  as 
ibr  Salsbury  aird  Cleaveland,  under-  the  special  act  of  the  2(1  of  January,  1813,  directing  the  remissiorr  of  certain 
forfeitures;  and  the  juayer  of  the  petitioner-  is,  therefort-,  for  relief  accor-ding  to  the  law  in  auch  case  made  anil  pr-o- 
vided.  The  case,  however,  was  certainly  not  embraced  by  the  sjiecial  act:  for-  the  goods  wer-e  not  imported  into  the 
United  States,  from  the  United  Kingdom  of  Great  Britain  and  Ii-eland:  they  wei-e  not  shipped  on  boai-d  of  a  vessel 
which  dep:irted  theretrorn  between  the  23d  of  June,  and  the  ir)th  of  September-.  1812:  and,  so  tar  as  i-espects  Mr. 
Shaw,  the  owner  at  the  time  of  the  importation,  the  purchase  of  the  goods  was  made  long  after-  the  war  was  known 
to  exist  at  the  place  of  pur-chase. 

2.  That,  although  the  case  was  not  embraced  by  the  special  act,  it  becarne,  properly,  a  question,  whether  the 
Secretary  of  the  Ti-easury  was  authorized  to  remit,  or  mitigate,  the  forfeituie.  under  the  general  law  of  the  3d  of 
March.  1797.  if,  in  his  opinion,  it  was  incurred  without  wilful  negligence,  or- any  intention  of  frautl.  It  does  not 
appear  that  the  late  Secretary  objected  merely  to  an  ir-iegularity  in  the  mode  of  exhibiting  the  facts,  rji  of  transmit- 
ting the  documeitts:  fi)r-,  then  he  would  not  have  decided  the  case,  but  he  would  have  retur-ned  it  to  the  district, 
judge,  to  undei-go  the  necessar-y  levision  aird  amendment  in  point  of  form.  Nor-  does  it  appear,  from  any  informa- 
tion within  my  reach,  that  the  Secretary  decided  the  case  upon  any  doubt  of  his  jurisdiction  to  r-emit  the  forfeituie. 
The  c?se  must,  therefore,  be  deemed  to  have  been  decided  on  its  mei'its:  and  the  power  of  the  Secretai-j'  of  the 
Treasui-y  being  once  executed,  the  department  cannot  afterwards  modiiV,  or  rescind,  or-  change  the  decision. 

It  will  r-emain,  upon  this  gener-al  view  of  the  subject,  for  the  committee  to  decide,  whether  the  petitioner  ought 
to  be  recommended  for-  relief  to  Congress.  The  danger  of  giving  a  sanction  to  speculations  which  involve  an  unau- 
thoi-i/.ed  intercourse  with  the  eiremy,  and  the  tendency  of  such  speculation:^  to  cover  and  cnuntenarrce  the  worst 
kind  of  smuggling,  will,  no  doubt,  be  dirly  consitler'cd.  If,  indeed,  the  case  had  beeti  originally  pi-esented  for  my 
ofhcial  interposition.  I  should  have  leHected  well  bcfnie  I  decided,  that,  in  pr-inciple.  and  in  ciicuinsUinces.  it  was 
entitled  to  the  equitable  relief  of  the  act  of  the  3d  of  March,  1797.  That  act  was  meant  to  provide  for  cases  of  mere 
accident  or  misfortune,  anil  for  cases  uncontaminateil  by  any  fraudulent  iriteiiti(ut,  when  the  necessai-y  rigor  of  the 
general  law  would  become,  in  the  particular  instance,  an  instrument  of  hardship  and  cruelty.  But  no  marr  is  ever 
permitted  to  obtain  relief  in  the  coirrts  of  justice,  upon  a  claim  founded  in  his  ov^■n  wilful  violation  of  the  law:  and 
it  would  be  an  extraordinar-y.  and.  I  presume,  a  novel  application  of  the  equitable  powers  of  the  (Secretary  of  the 
Treasury,  to  legitimate  a  trade  w  ith  the  enemy,  thr-ough  the  medium  of  remitting  penalties  and  forfeitures  incurred 
by  a  breach  of  the  non-importatiim  acts. 

I  have  the  honor  to  be,  ver-y  respectfully,  sir,  your  must  obedient  servant, 

A.  J.   DALLAS. 
Ilnnoi-able  J.  W.  Epi'es,  Chairman  of  (he  Committee  of  I  fays  and  Means. 


gyg  FINANCE.  [1814. 


13ih  Congress.]  No.  433.  [3d  Session. 

BANK    OF    THE    UNITED    STATES. 

COMMUNICATED    TO   THE    SENATE    ON    THE    5tH    OF    DECEMBER.    1814. 

To  the  Senate  and  House  of  Representatives  of  the  United  States: 

The  memorial  of  the  subscribers,  commitfees  appointed  by  five  of  the  banks  in  the  city  of  New  York,  to  take  into 
consideration  all  matters  relating  to  the  state  of  credit  in  the  city,  respectfully  represents: 

That  your  memorialists,  with  sreat  deference  to  the  wisdom  of  Congress,  presume  that  it  will  not  be  considered 
as  unbecoming  in  them,  to  express  their  opinions  on  a  subject,  which  they  have,  practically,  under  their  constant 
view. 

That  they  see,  with  great  alarm,  the  proposed  incorpnration  of  a  Bank  of  the  United  States,  with  a  capital  of  fifty 
millions  of  dollars;  not  that  tliey  are  insensible  of  the  advantages  of  such  an  institution,  but  because  they  are  per- 
suaded, in  their  most  deliberate  view  of  the  subject,  that  the  present  time  is  most  inauspicious  for  the  creation  of 
such  a  bank,  and  that,  so  far  from  aiding  the  fiscal  operations  of  the  Government,  it  will,  in  their  opinion,  tend  to 
embarrass  still  more  than  the  adverse  circumstances  of  the  times  have  already  done,  all  public,  as  well  as  private 
credit. 

Your  memorialists  firmly  believe,  that  the  proposed  capital  will  be  found  too  large; 

That  six  millions  of  dollars  in  specie,  cannot  be  obtained  by  any  inducements  which  can  be  held  out,  and  that  a 
less  sum  will  notattbrd  a  proper  security  to  the  public; 

That,  even  if  six  millions  could  be  procured,  the  payment  of  the  notes  in  specie  could  only  be  continued  for  a 
short  period,  under  the  present  circumstances  of  the  country; 

That,  if  by  the  exercise  of  the  power  proposed  to  be  lodged  in  the  President  of  the  United  States,  the  notes  are 
not  paid  in  specie,  they  will  infallibly  depreciate; 

That,  if  they  depreciate,  no  existing  bank  can  possibly  take  them,  without  the  greatest  injury  to  their  stock- 
holders; 

That,  if  the  notes  are  not  taken  by  the  present  banks,  throughout  the  United  States,  they  cannot  serve  as  a  ge- 
neral medium  of  circulation. 

A  full  discussion  of  this  subject,  your  memorialists  are  well  aware,  would  transgress  the  proper  limits  of  this 
memorial;  they  will,  therefore,  confine  themselves  to  a  few  of  the  reasons  which  have  induced  them  to  form  these 
opinions. 

They  think  that  the  capital  will  be  found  too  large,  because  the  late  Bank  of  the  United  States  had  only  a  capi- 
tal of  ten  millions  of  dollars,  at  the  period  of  our  greatest  commercial  prosperity,  and  since  the  expiration  of  the 
chaiter  of  that  bank,  the  amount  of  its  capital  has  been  much  more  than  supplied,  by  the  incorporation  of  other 
banks.  It  is  believed  to  have  been  the  opinion  of  the  part  of  the  community  best  informed^  on  that  subject,  that  this 
amount  was  abundaully  suflicient.  Your  memorialists,  therefore,  cannot  but  dread  the  effects  which  a  new  banking 
capital  of  fifty  millions,  must  have  upon  the  paper  circulation  of  the  country,  particularly  when  it  is  considered, 
that  the  proposed  bank  is  to  be  pledged  to  lend  to  the  Government  thirty  millions,  which  the  public  exigencies  will 
probably  very  soon  call  for,  without  any  power  of  refusal  being  left  to  those  who  are  to  manage  the  bank,  even  if  con- 
vinced that  the  emission  of  so  large  a  sum  in  notes  must  be  ruinous  to  the  bank  itself. 

It  is  well  known,  that  a  great  and  constant  drain  of  the  precious  metals  from  the  United  States,  has  existed  for  a 
long  time  past,  \vhile  supplies  of  them  have  been  cut  off  by  the  war;  and  that  the  alarms  necessarily  existing  dur- 


notes  within  moderate  bounds,  yet,  it  has  been  found  impossible  to  prevent  a  difference  in  value  between  specie  and 
the  notes  of  the  banks  in  the  best  credit.  This  difference  is  now,  in  the  city  of  New  York,  from  twelve  to  fifteen 
per  cent.,  and  in  other  places,  still  greater.  Your  memorialists,  theretore,  have  no  hesitation  in  giving  it  as  their 
opinion,  that  six  millions  of  specie  cannot  be  procured;  but,  they  are  persuaded  also. 

That,  if  procured,  that  sum  could  not  long  supply  specie  payments,  because,  as  the  same  causes  are  likely  still 
to  operate,  and  with  increased  effect,  when  the  paper  circulation  is  so  much  increased,  as  it  must  be,  by  the  proposed 
loans  to  the  Government,  it  is  believed,  that  a^>  last  as  the  notes  are  issued,  they  will  be  returned  for  specie.  As  they 
bear  no  interest,  there  will  be  no  inducement  for  any  person  to  hold  them,  to  counteract  the  great  advantage  offered 
by  the  high  price  of  specie,  in  sending  them  for  payment. 

If  it  should  be  found  necessary  to  restrain  the  bank  from  paying  specie,  your  memorialists  are  convinced  tiie 
notes  will  depreciate.  The  treasury  notes  which  have  been  issued,  have  done  so,  although  in  much  less  quantity, 
and  under  more  favorable  circumstances,  because  bearing  interest,  and  being  payable  at  definite  periods.  While 
treasury  notes  have  these  obvious  adva^.itages,  it  is  not  perceived  that  the  notes  of  the  proposed  bank  will  have  any 
to  balance  them,  the  security  being  presumed  the  same  in  both  cases.  The  expenses  of  the  war  must,  in  the  first 
instance,  be  paid  in  these  notes,  and  of  course  they  will  be,  to  a  considerable  extent,  in  the  hands  of  persons  who 
must,  of  necessity,  dispose  of  them  for  what  they  will  bring.  The  late  Bank  of  the  United  States,  while  redeeming 
its  notes  in  specie,  and  possessing  the  entire  support  of  the  Go\'ernment,  and  tiie  confidence  of  the  public,  never 
had,  it  is  believed,  more  than  six  millions  of  notes  in  circulation.  The  banks  in  the  city  of  New  York,  whose  ag- 
gregate capital  is  about  fifteen  millions  of  dollars,  have  not,  upon  an  average,  had  a  circulation  of  more  than  five 
miliums,  although  possessing  all  the  advantages  to  be  derived  from  the  business  and  support  of  the  Government  in 
this  city.  Presuming  that  the  proportion  of  circulation  to  capital,  is  nearly  the  same  in  other  parts  of  the  United 
States,  and  taking  into  view,  that  the  circulation  is  probably  as  great  at  the  present  period,  as  under  the  circumstan- 
ces of  the  country,  and  the  removal  of  the  check  of  specie  payments,  it  can  safely  be,  can  it  be  doubted  what  the 
effect  of  an  additional  emission,  even  of  twenty  millions  of  paper,  will  necessarily  be.'' 

As  it  appears  evident  io  your  memorialists,  that  the  notes  of  the  proposed  bank  must  depreciate,  it  appears  equally 
so,  that  no  existing  bank  can  take  them  without  the  greatest  injury  to  their  stockholders.  However  disposed  they 
may  be  to  aid  the  fiscal  operations  of  the  tiovernment,  yet,  from  the  moment  the  notes  are  depreciated,  if  they  are 
taken  either  in  payment  or  in  deposites,  all  their  debts  will  be  paid  in  that  description  of  paper,  the  circulation  of 
their  own  notes  will  nearly  cease,  and  they  will  be  left  in  possession  of  notes,  redeemable  at  some  future  uncertain 
period,  and  bearing  no  present  interest.  Can  such  a  sacrifice  of  the  interest  of  their  constituents  be  called  for,  or 
expected,  from  the  present  institutions? 

It  has  been  supposed,  that  the  want  of  a  medium  of  general  circulation,  rendered  a  national  bank  necessary;  but 
your  memoiialists  beg  leave  to  observe,  that,  while  they  "admit  the  want  of  such  a  medium,  they  are  quite  persuaded 
that  bank  notes  will  not  answer  the  purpose,  unless  they  can  be  exchanged,  at  pleasure,  for  specie,  or  are  taken  gene- 
rally by  the  banks  throughout  the  United  States.  If  your  memorialists  are  right  in  the  opinions  already  stated,  it 
appears  to  follow  as  a  necessary  consequence,  that  the  "notes  of  the  proposed  bank  will  not  supply  the  place  of  a  ge- 
neral medium. 

As  your  memoiialists  are  persuaded  that  the  best  interests  of  the  United  States  require,  that  the  suspension  of 
specie  payment-,  which  has  unfortunately  been  found  necessary,  should  be  continued  for  as  short  a  period  as  possi- 
ble, they  dread  (he  increased  difficulty  which  an  additional  paper  circulation,  probably  of  thirty  or  forty  millions, 
will  occasion;  they  fear  it  will  approach  to  an  insuperable  bar  to  the  resumption  of  specie  payments,  while,  on  the 


1814.]  LOANS.  37- 


other  hand,  a  national  bank,  founded  upon  proper  principles,  and  at  a  more  favorable  period,  when  there  was  a  rea 
sonabie  prospect  ol  continuing  to  pay  specie,  would  otter  the  best  remedy  for  the  deranged  state  of  the  circula- 
tion, and  a  most  powerful  instrument  to  renovate  the  commcrcinl  credit  of  the  I'liited  Stales 

Your  memorialists  beg  the  indulgence  of  Congress,  wiien  they  add.  that  tiiey  have  no  doubt,  (hat  treasury  bills, 
issued  nearly  in  the  way  proposed  by  the  Committee  of  Ways  and  Means  of  the  House  of  liepivsfntatives," would 
be  found  ot  more  service  to  the  Government,  be  much  less  dangerous  to  the  public,  and  ten.!  much  more  to  supply 
Sjfllr  'if  "'^';^'  medium  ol  circulation  Ihey  believe,  IhaJ  treasury  notes,  issued  for  various  denominations, 
redeemable  at  the  p  easure  ot  the  Government,  but  not  at  any  dehnite  pi'irnds,  bearing  interest,  while  in  circulation, 
at  the  present  rate,  but  lundable  at  the  option  ot  tiie  holder,  at  a  higher  rale  of  interest,  would  be  less  liable  to  de- 
preciation, than  the  notes  ot  a  bank  bearing  no  interest,  and  the  security  being  the  same. 

The  present  interest  on  the  treasury  notes,  would  otter  an   inducement  to  keep  them,' and  whenever  the  market 
was  overcharged,  the  power  to  luiid  them  at  a  higher  rate  of  interest,  would  take  olV  the  redundance      [n  this  way 
the  issueot  treasury  notes  would  probably  operate  to  a  considerable  amount.  a>  a  constant  loan,  at  a  reduced  rate  of 
interest;  nor  should  it  be  overlooked,  that  the  consequences  of  a  depreciation,  if  it  unfortunately  should  take  olace 
would  neither  be  so  extensive,  nor  so  lasting,  as  in  the  case  of  a  Bank  of  the  United  States. 

M.  CLARKSON,  President,   7  ,,„       .„       .,,„,.,,       ..    , 
CHAS.  WILKES,  Cashier,      5  ^  om»u/?ee  of  the  Bank  of  New  Fork. 

RICHD.  VARICK,  President,  7^         .„       .<,,,,        .„     , 
LYNDE  CATLIN,  Cashier,     j  Commillee  of  the  Merclmnls'  lirmk. 

AM  ASA  JACKSON,  President,  ^^         .„       .  „     rr  ■       »     , 
JNO.  LOW,  Cashier,  5  Commillec  of  the  Union  Bank. 

WM.  BAYARD,  President.     I  ^  „       r  „     u     ,     r  .       ■ 

JOHN  BURRALL,  Cashier,  ^  Committee  of  the  Bank  of  .Imenca. 

JAMES  BOGGS.  President,       1  Committee  of  the  New  i'ork  Manufacturing- 
DAVID  J.GREENE,  Cashier,  5      Company. 


13thCoNGRES3.1  No.  434.  [3d  Session. 

LOANS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  DECEMBEK  5,  1814. 

Washington,  December  -'.  ISU. 
Sir: 

Your  letter  of  the  27th  of  November  has  been  referred  to  the  Committee  of  Ways  and  Means,  and  I  am  in- 
structed to  ask  for  the  amount  of  the  payments  to  be  made  during  the  present  quarter,  on  account  of  the  public 
debt:  the  funds  prepared  to  meet  those  payments,  and  any  other  information  which  may  enable  the  connnittee  to 
decide  as  to  the  necessity  of  adopting  additional  measures  for  meeting  the  public  engagements  during  the  present 
quarter  of  the  year. 

1  have  the  honor  to  be,  your  most  obedient, 

JOHN  W.  EPPES. 
Honorable  Mr.  Dallas,  Secretary  of  the  Treasury. 


Treasuky  Department,  December  2,  1814. 
Sir: 

I  have  the  honor  to  acknowledge  tlie  receipt  of  your  letter,  dated  this  morning,  stating  that  mine  of  the  27:h 
of  November,  addressed  to  the  committee  on  a  national  bank,  has  been  referred  to  the  Committee  of  Ways  and 
Means. 

In  my  communications  to  the  committees  of  Congress,  I  have  never  been  disposed  to  disguise  the  embarrass- 
ments of  tlie  treasury.  A  frank  and  full  development  ol"  existing  evils  will  always,  I  hope,  be  best  calculated  to 
secure  the  attesition  and  exertion  of  the  public  authorities;  and.  witii  legislative  aid,  I  am  still  confident,  that  all  the 
difficulties  of  a  deficient  revenue,  a  suspended  circulating  medium,  and  a  tlepre^sed  credit,  may  be  speedily  and 
completely  overcome.  My  only  apprehension  arises  from  the  lapse  of  time;  as  a  remedy  which  ^imld  he  eftectual 
to-day,  will,  perhaps,  only  serve  to  increase  the  disorder  to-morrow. 

In  answering  the  inquiries  of  your  letter,  permit  me  to  state:  1st.  The  amount  of  the  payments  which  wer.'  to 
be  made  during  the  whole  of  the  present  quarter  on  account  ()f  the  public  debt,  and  the  funds  prepared,  or  applica- 
ble to  meet  those  payments:  2d.  The  payments  that  remain  to  be  made,  aiid  the  funds  that  remain  to  meet  them, 
for  the  residue  of  the  quarter:  And,  3d.  (ieiieral  information,  in  relation  to  additional  inea.-ures  f)rmce!i!ig  the 
public  engagemen's. 

Firxt  Point. 

It  is  respectfully  stated,  agreeably  to  an  estimate  which  was  formed  on  the  4th  of  October.  181 1: 

Du. 

1.  That,  during  the  quarter  commencing  the  1st  of  October,  1811,  and  ending  the  1st  of  January,  1815,  including 
both  days,  there  was  payable,  for  the  principal  and  interest  of  treasury  notes,  during  the  whole  quarter,  chiefly 
at  Boston,  New  York,  and  Philadelphia,  a  sum  nf  -  -  ...  .  .  .S4. 457,069  SO 

2.  That,  during  the  same  period,  there  was  payable,  for  the  principal   and   interest  of  temporary 

loans,  at  Bostim,  Baltimore,  and  Charleston,  the  sum  of  -  -  -  -  -  7"  1.1 25  00 

3.  That,  during  the  same  period,  there  was  payable,  in  dividends  upon   the  ])iiblic  funded  debt, 

at  the  several  loan  offices,  the  sum  of  .......  1,900,00000 

$7,128,194  80 


Cr. 

1.  That  there  were  bank  credits  scattered   throughout  the  Lnited  States,  on  the  1st  of  October, 

1814,  amounting,  by  estimate,  to  -----  -  -         $2,500,000  00 

2.  That  there  was  receivable  from  the  customs,  during  the  whole  quarter,  the  sum  of     -  •  1,800,000  00 

3.  That  tliere  was  receivable,  on  account  of  the  sales  of  public  lands,  during  the  same  period,  a 

sum  of      ---------  -  160,000  00 

HI  tt 


^yg  FINANCE.  [1814. 


4  Tliat  tlipie  was  receivable,  on  account  of  internal  duties  and  direct  taxes,  during  the  same  pe- 

1.    iiidi  uieic  ".13        ____....-..  900,00000 

5  T?iat 'there  was  receivable,  on  account  of  loans,  during  the  same  period,  a  sum  of        -  -  1,700,000  00 
6.  That  there  might  be  obtained,  upon  an  issue  ot  treasury  notes,  during  the  same  period,  a  sum  of 

about         .----------••  ^-^i 


$9,560,000  00 


From  which  it  results: 

1.  That  the  amount  of  tiie  whole  payments,  for  dividends  of  public  debt,  for  temporary  loans,  and 

for  treasury  notes,  during  the  whole  of  the  current  quarter,  was  -  .  .  .  $7,128,19180 

2.  That  the  amount  of  the  whole  of  the  estimated  receipts  of  the  treasury,  was  -  -  9,560,000  00 

Leaving  a  surplus  of  receipts  of  -  -  -  -  -         $2,431.805  20 

It  is  believed  that  tliis  estimate,  formed  upon  official  facts  and  experience,  would  have  been  substantially  realized 
in  tlie  event,  if  the  banks  had  not  suddenly  determined  to  suspend  their  payments  in  specie.  But  tor  that  occur- 
rence, the  dividend  on  the  public  debt  would  have  been  punctually  paid  to  the  individual  creditors  ot  Boston  on  the 
Ut  of' October  last:  the  transfer  of  the  public  funds,  from  one  place  to  another  place,  in  order  to  meet  the  public 
engagements,  would  have  c(mtinued  easy  and  certain;  the  credit  and  use  ot  treasury  notes,  (limited  to  the  specified 
aiimu'nt)  would,  probably,  have  been  preserved,  and  the  revenue  arising  from  duties  and  taxes,  would  not  have 
been  materially  intercepted,  if  at  all,  in  its  passage  to  the  treasury,  by  payments  in  treasury  notes. 

Second  Point. 

1.  That,  of'the  principal  and  interest  of  the  treasury  notes,  payable  during  the  present  quarter,  and  which  have  al- 

ready fallen  due,  there  remains,  on  this  day,    unpaid,  at   the   places   mentioned    in    the   schedule  A,  the 
sum  of      .-----------  $1,902,680  80 

2.  That  tlie  principal  and  interest  of  the  treasury  notes,  which  will   become  due  on  or  before  the 

1st  of  January,  1815,  at  the  places  mentioned  in  the  schedule  B,  amount  to  -  -  1,243,720  00 

3.  That  the  dividends  on  the  public  debt,  payable  on  the  1st  of  January,  1815,  at  the  places  men- 

tioned in  schedule  C,  amount  to  the  sum  of  -  -  -  -  -  -  1,873,000  00 

4.  That  tiie  principal  and  interest  of  temporary  loans,  payable  duiing  the  present  quarter,  and 

contracted  at  the  treasury,  in  part  execution  of  the  audiority  granted  by  the  act  ot  Congress, 
passed  the  Uth  of  March,  1812,  and  payable  at  Boston  on  the  15th  and  31st  ot  December, 
amount  to  .-..--.----  506,875  00 

$5,526,275  80 


Cr. 

That,  on  the  28tii  ultimo,  there  were  bank  credits,  in  the  banks  specified  in  the  schedule  D,  ap- 
plicable to  the  payment  of  the  public  debt,  during  the  present  quarter,  (deducting  the  amount 
of  bank  credits  ($813,000)  which,  as  it  could  not  be  transferred  for  the  ^)ayment  of  public 
debt,  has  been  recently  applied  to  the  appropriations  for  the  War  and  ^avy  Departments) 
amounting  to        -  -  ■  -  -  -  -  -  '         •  T     i       "  r      $3,372,287  13 

That  the  amount  receivable  during  the  remainder  of  the  present  year,  on  account  of  the  loan  ot 
six  millions,  applicable,  also,  to  the  payment  of  the  public  debt,  if  no  failure  in  payment  oc- 
curs, will  be  about  .--.------  450,000  00 

That  the  estimated  amount,  receivable  during  the  remainder  ot  the  present  year,  on  account  ot 
customs,  applicable,  also,  to  the  payment  of  the  public  debt,  (subject,  however,  to  various 
contingencies,  such  as  the  non-payment  of  bonds,  the  payment  of  bonds  in  treasury  notes, 
&c.)  may  be  stated  at  -  -  -  -  -  -  -  -         .-  350,000  00 

The  estimated  amount,  receivable  during  the  remainder  ot  the  present  year,  on  account  ot  the 
sales  of  public  lands,  subject,  however,  to  contingent  payments  in  treasury  notes,  may  be 

staled  at  -  -  -  -  -  -  -  -  '..,.■  ^^°'""°  °^ 

The  estimated  amount,  receivable  during  the  remainder  ot  the  present  year,  for  internal  duties 
and  direct  tax,  subject,  however,  to  contingent  payments  in  treasury  notes,  may  be  stated  at  450,000  00 

$3,772,287   13 


From  this  second  view  of  the  debit  and  credit  of  the  account,  limited  merely  to  the  payment  of  the  public  debt 
becoming  due  for  the  residue  of  the  present  quarter,  it  appears, 

1.  That  the  debt  amounts  to  the  sum  of        ----■•---  $5,.526,275  ,80 

2.  That  the  resources  to  pay  the  debt,  (excluding  the  sum  applied  to  the  Army  and  Navy  Depart- 

ments, as  before  stated,  and  excluding  tiie  possible  proceeds  of  new  loans,  and  new  issues  ot 

treasury  notes,  for  the  single  purpose  of  paying  public  debt)  amount  to  -  -  -  3,772,287  13 

$1,753,988  67 


The  difterence  between  the  results  of  the  statements,  under  the  first  and  the  second  points,  will  be  accounted 
for,  by  tlie  unexpected  effect  of  payments  in  treasury  notes,  on  account  of  duties,  taxes,  and  land;  by  the  total  ces- 
sation of  the  use  of  treasury  notes,  either  to  pay  the  public  creditors,  or  to  raise  money;  and  by  an  unavoidable  va- 
riance in  estimates,  depending  upon  a  variance  in  the  state  of  information  at  the  treasury.  A  priority  of  payment 
may  be  justly  claimed  by  the  holders  of  the  funded  debt:  and,  therefore,  it  is  proper  to  add, 

1.  That  the  amount  ot]  public  credits,  as  estimated  in  the  preceding  statement,  is  the  sum  of  $3,772,287  13 

2.  That  the  amount  of  the  dividend,  on  the  old  and  new  funded  debt,  payable  on  tiie  1st  of  Janu- 

ary, 1815,  is  the  sum  of  -  .---...-  1.873,00000 


3.  And  that,  consequently,  the  surplus  of  the  resources,  after  satisfying  that  single  object,  is  the 

sum  of  ...........  $1,899,287  13 


It  will  be  observed,  that  these  estimates  do  not  include,  as  an  item  of  the  debt  the  dividend  on  the  funtled  debt, 
amounting  to  two  hundred  thousand  dollars,  which  was  not  actually  paid  to  the  individual  creditors  at  Boston  on 
the  1st  of  October  last.  But  it  is  omitted,  because  an  adequate  tund  in  the  State  bank  was  seasonably  provided  for 
the  occasion,  and  the  usual  treasury  draft  was  issued  in  favor  of  the  commissioner  of  loans,  so  as  to  deduct  a  cor- 
responding amount  from  the  bank  credits  of  the  Government.  The  State  bank  declined,  for  several  reasons,  (which 
it  is  unnecessary  to  repeat)  paying  in  coin,  or  in  bank  notes,  and  most  of  the  public  creditors  refused  to  accept  the 
treasury  notes,  which  the  bank  oflered  to  them  as  an  alternative  payment.  It  is  not  considered,  that,  under  these 
circumstances,  connected  with  the  general  state  of  the  circulating  medium,  (which  places  the  power  of  the  Govern- 
ment to  meet  its  engagements,  on  the  same  footing  with  the  power  of  the  most  opulent  of  its  citizens)  there  can 


814.] 


LOANS. 


879 


exist  any  just  reproach  upon  the  public  credit,  or  resources.  Rut,  nevertheless,  efforts  have  been  anxiously  made 
by  this  department,  and  are  still  in  operation,  to  satisly  the  public  creditors,  independent  of  the  fund  which  was 
originally  set  apart,  and  which  still  remains  on  depoMte  at  the  State  bank,  by  all  the  icmaining  means  at  the  dis- 
posal of  the  treasury. 

Nor,  on  the  other  hand,  have  I  included,  in  the  statement  of  our  resources  to  pay  tiie  public  debt,  the  unexe- 
cuted authority  to  borrow  upon  |)id)lic  loans,  and  to  issue  treasury  notes.  I  have  only  includeil  ilie  items  of  reve- 
nue, which,  in  ordinary  times,  would  be  deemed  certain  and  eHi^'clive;  reserving  any  surplus  of  those  items,  with 
the  h)an  and  the  treasury  notes,  to  meet  the  general  appropriations  fur  the  public  service. 

Third  Point. 

It  is  respectfully  stated,  that  the  non-payment  of  the  treasury  notes,  and  the  ha/.ard  of  not  being  al)le  to  pay 
the  dividend  on  the  public  debt,  according  to  the  respective  contracts,  was  chietly  (1  believe  entirely)  owing  to  the 
suspension  of  specie  payments  at  the  banks,  and  ihe  consetiuent  impracticabililyof  tran>ti'rring  the  |)ul)lic  funds, 
from  the  place  in  which  they  were  deposited,  to  the  place  in  which  lh(>y  \vei-e  wauled.  I  have  eii(leavored,  there- 
fore, to  induce  the  banks,  as  the  performance  of  an  act  of  justice,  not  imonsistent  with  theiririterest,  or  theirpolicy, 
to  assist  in  alleviating  the  fiscal  embarrassments  of  the  {iovernment.  which  they  have  thus  contrdjuled  to  produce. 
The  answers  to  my  last  pro|)osition  (of  which  a  copy  is  annexed,  in  schedule  K)  have  not  been  receiveil. 

But  the  danger  of  depending  upon  gratuitous  aids,  (of  dei)euding,  indeed,  upon  any  thing  but  the  wisdom  and 
the  vigilance  of  Congress)  makes,  with  eveiy  day's  ex|)erience,  a  deeper  iiiii)ressioii  upon  the  mind.  In  sjieaking, 
therefore,  of  additional  measuies  liir  meeliiig  the  ])id)lic  engagements,  during  the  present  ciuarter  of  the  year,  I  de- 
rive great  satisfaction,  in  reliecting  uj)iin  the  inevitable  and  immediate  ett'ect  of  the  legislative  sanction  (even  so  far 
as  it  lias  already  been  given)  to  a  settled  and  productive  system  of  taxes,  for  defiaying  the  expenses  of  (iovernment, 
and  maintaining  the  public  credit.  This  policy,  embracing,  in  its  course,  the  introiluction  ot  a  natioiuil  circulating 
medium,  and  the  proper  facilities  for  anticipating,  collecting,  and  distributing  the  public  levenue,  will,  at  once, 
enliven  the  public  credit;  and  even  the  existing  resources  of  the  present  quarter  must  ripen  and  expand,  under  an 
influence  so  auspicious.     But  something  may  be  conveniently  and  usefully  added;  for  instance: 

1.  A  discretionary  authority  may  be  given,  by  law,  to  issue  treasury  notes,  for  the  amount  of  the  sums  now  au- 
thorized to  be  raised  by  law. 

2.  An  authority  may  be  given,  by  law.  to  transfer  bank  credits,  from  one  place  to  another  place,  in  order  to 
meet  the  public  engagements,  allowing  a  reasonable  rate  of  exchange. 

3.  Appropriations  may  be  made,  by  law,  to  defray  the  extra  expenses  of  the  War  and  Navy  Departments,  during 
the  present  year;  and  a  general  authority  may  be  given  to  borrow,  or  to  issue  treasuiy  notes,  to  supply  atiy  defi- 
ciencies in  former  appropiiations  for  those  dei)artments,  and  for  the  ])ayment  of  the  public  debt,  the  treasuiy  notes, 
and  the  civil  list. 

The  present  opportunity  enables  me  to  assure  you,  sir,  that  I  am  preparing,  with  all  pos.-ible  diligence,  to  report 
to  the  Committee  of  ^^  ays  and  Means,  n\)W\  the  subjects  w  hicli  they  have  been  plea>eil  to  confide  to  me — 

1.  The  tax  bills  are  numerous,  new  in  -ome  of  their  [irinciples.  and  c(nni>licated  in  most  of  their  details;  nor  are 
the  best  sources  ol  information  at  hand.     They  will,  liowever.  be  drafted,  and  sent  to  the  committee  in  succession. 

2.  The  plan  for  establi-hing  a  competent  sinking  fund  is  under  consideration,  and  will,  probably,  be  ready  to  be 
reported  before  the  tax  bills  are  passed. 

3.  The  estimates  for  the  expenses  of  1815,  the  annual  appropriation  bill,  ami  tiie  bills  to  authorize  a  loan 
issue  of  treasury  notes  for  that  year,  are,  also,  objects  of  attention. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

A.  J.  DALLAS 
John  W.  Eppes,  Esq.,  Chairman  of  the  Committee  of  Ways  and  Means. 


ainl  an 


Schedule  of  Treasury  Notes  which  have  already  fallen  due,  and  remain  unpaid,  this  2d  day  of  December,  1814. 


Where  payable. 

When  payable. 

Principal. 

Interest. 

Total. 

Philadelphia, 
Do. 

New  York,      - 
Boston, 

1814,    November    1, 
"        December    1. 

$269,000 
366,200 
570,000 
600,000 

$14,526  00 
19,774  80 
30,780  00 
32,400  00 

$283,526  00 
385,974  80 
600,780  00 
632,400  00 

$1,805,200 

$97,480  80 

$1,902,680  80 

B. 

Schedule  of  Treasury  Xotes  becomini;-  due  on  or  before  the  first  of  January,  1815. 


Where  payable.                       When  payable. 

Principal. 

Interest. 

Tot.ll. 

New  York,      - 
Philadelphia, 
Boston, 
New  York, 
PJiiladelphia, 

1814,  December   11, 

"      December  21, 

1815,  January         1, 

$100,000 

600,000 

30,000 

400,000 

50,000 

$5,400 
32,400 

1,620 
21,600 

2,700 

$105,400 
632,400 

31,620 
421,600 

52,700 

$1,180,000 

$63,720 

$1,243,720 

880 


FINANCE.  [1814. 


C. 

Estimated  amount  of  the  dividends  on  the  domestic  funded  debt  of  the  United  States,  payable  on  the  first  qf 

January,  1815. 

At  Portsmouth,  N.  H.                -                -                -                -                -                -                -                -  $12,000 

Boston,                     ....-..---  320,000 

Providence,             ...------  20,000 

Hartford,                .-.------  37,000 

New  York,              .-.------  625,000 

Trenton,                  -               -                -                -                -                -                -                -                -  8,000 

Philadelphia,  incliuling  stocks  on  treasury  books,              .                .                -                .                -  545,000 

Wilmington,  Delaware,        .-.---.-  1,000 

Baltimore,               ....-----  125,000 

Richmond,             ..-...---.  20,000 

Raleigh,                  .....---.  5,000 

Charleston,             ...-...--  85,000 

Savannah,               -               -               -               -               -               -               -               -               -  5,000 

Treasury  at  Washington,  exclusive  of  dividends  payable  at  Philadelphia,           -               -               -  65,000 

$1,873,000 


Note.  From  the  daily  transfers  of  stock,  from  one  loan  office  to  another,  it  is  impossible,  at  this  time,  to  esti- 
mate, with  precision,  the  amount  which  will  be  payable  at  each  loan  office  on  the  first  of  January  next.  The  above 
may  be  considered  as  near  the  sums  which  will  be  payable,  unless  the  removal  of  stock  should,  in  the  mean  time, 
be  unusually  large. 

D. 

Cash  in  the  several  banksj  according  to  the  state  of  the  information  at  the  Treasury,  on  the  S8th  of  November, 
1814,  after  deducting  moneys  in  the  .Southern  and  Western  banks,  assigned  to  the  Secretaries  of  the  War  and  Navy 
Departments,  in  consequence  of  their  being  transferable  from  the  places  of  deposite  to  the  places  of  payment  of  the 
public  debt,  amounting  to  eight  hundred  and  thirteen  thousand  dollars. 

Bath  bank,  -.-.-.. 

Lincoln  bank,  Bath,  .-...- 

Cumberland  bank,  Portland,  .  -  .  -  . 

Portland  bank,     -  - 

New  Hampshire  Union  bank,  .  .  .  .  - 

Saco  bank.  ------- 

Merchants'  bank,  Salem,  -  .  .  -  - 

Roger  Williams'  bank,        ...-...- 

Newport  bank,     ------- 

New  Haven  bank,  ...... 

New  York  State  bank,  Albany,        -  -  .  .  - 

Mechanics  and  Farmers'  bank,  Albany,  _  .  -  - 

Manhattan  Company,  - 

Branch  bank  of  do.  Utica,  .  _  -  -  - 

Mechanics'  bank.  New  York.  ----- 

City  bank.  New  York,  ----- 

Bank  of  Pennsylvania,        -  - 

■  Farmers  and  Mechanics' bank,  Philadelphia, 

Branch  bank,  Pittsburg,  -  -  -  -  _ 

Bank  of  Baltimore,  --.-.- 

Commercial  and  Farmers'  bank,  Baltimore, 

Mechanics'  bank,  Baltimore,  -  -  -  -  - 

Washington,  --....- 

Metropolis,  ---...- 

Columbia,  ------- 

Farmers  and  Mechanics'  bank,  Georgetown, 

Union  bank,  Georgetown,  -  .  -  -  - 

Mechanics' bank  of -Alexandria,        _  -  -  -  - 

Bank  of  Potomac,  Alexandria,  ----- 

Bank  of  Virginia,  ------ 

Branch  of  do.  at  Norfolk,  -.--.. 

State  bank,  Raleigh,  ...--. 

Branch  of  do.  Salisbury,  -  -  -  -  - 

Branch  of  do.  Wilmington,  -  .  .  -  - 

Bank  of  Cape  Fear,  ------ 

Planters  and  Mechanics'  bank,  Charleston,     -  -  -  - 

Bank  of  South  Carolina,  ----- 

Union  bank.  South  Carolina,  -•••-- 

Planters'  bank.  Savannah,  -  -  .  -  - 

Bank  of  Kentucky,  .-_..-- 

Branch  of  do.  at  Russellville,  -  .  .  -  . 

Branch  of  do.  at  Louisville,  -...-- 

Bank  of  (yhillicothe,  -.---. 

Miami  Exporting  Company,  Cincinnati,  -  -  -  - 

Louisiana  bank,  .-._..- 


$9,723 

13 

5,750 

00 

24,217  79 

13,043 

18 

12,807 

39 

1,435 

83 

34,376  82 

12,365 

57 

42,738 

99 

15,081 

12 

40,730 

17 

18,369 

08 

378,788  46 

15,433 

59 

222,896 

14 

34,254 

08 

94,668 

63 

376 

67 

910 

59 

65,288 

16 

18,212 

19 

628,594 

51 

67,067 

83 

11,609 

60 

241,974 

26 

596 

48 

37,561 

45 

5,000 

00 

15,000 

0i> 

35,020  35 

372 

24 

366 

93 

6,263 

88 

5,502 

33 

1,697 

26 

101,235 

28 

22,712  50 

14,028 

47 

102 

98 

9,174 

70 

1,247 

61 

699 

01 

9,366 

08 

30,110  89 

66,514 

92 

$2,372,287 

13 

Sir: 


Schedule  E. — [circular.] 

Treasury  Department,  November '■ib,  1814. 


The  sudden  determination  of  most  of  the  banks,  in  which  the  deposites  of  public  money  were  made,  to  refuse 
payment  of  their  notes,  and  of  drafts  upon  (hem,  in  specie,  deprived  the  Government  of  the  use  of  its  gold  and 
silver,  without  any  act,  or  assent,  on  the  part  of  the  treasury.    The  equally  sudden  determination  of  the  banks  of 


1814.1  REVEN.UE    LAWS.  331 


each  State,  to  refuse  credit  and  circulation  to  the  notes  issued  in  other  States,  deprived  the  Government,  without 
its  participation,  ot  the  only  means  that  were  possessed  for  transferring  its  funds,  from  the  places  in  which  they  lay 
inactive  to  the  places  in  whicli  they  were  wanted,  for  tlic  payment  of  tlie  divideiiils  on  the  I'unded  debt,  and  the 
discharge  ot  treasury  notes.  It  was  the  inevitable  result  of  these  transactions,  that  the  bank  credits  of  the  Govern- 
ment should  be  soon  exhausted  in  Boston,  New  York,  Philadelphia,  &c.  where  the  principal  loan  offices,  for  the 
payment  ot  (he  public  debt,  were  established;  and  that  the  Government  should  be  unable  to  satisfy  its  engagements 
in  those  cities,  unless  the  public  creditors  would  receive  drafts  on  banks  in  other  Stales,  or  would  subscribe  the 
amount  ot  their  claims  to  a  public  loan,  or  would  accept  a  payment  in  treasury  notes.  It  was  not  unreasonable, 
uideed,  to  hope,  that  the  banks,  whose  conduct  had  produced  the  existing  embarrassment,  would  cheerfully  artbrcl 
some  alleviating  accommodation  to  the  Government;  but  every  attempt  to  realise  that  hope  has  hitherto  failed. 
Even,  however,  it  the  present  application  should,  also,  be  unsuccessful,  I  think  I  may  rely  on  the  intellisence  and 
candor  ot  our  fellow-citizens,  to  vindicate  the  Government  from  any  reproach,  for  a  want  of  good  faith,  or  of  es- 
sential resources  to  maintain  the  public  credit.  The  events  which  have  occurred,  the  Government  could  neither 
avert  nor  control. 

Under  these  circumstances,  I  have  deemed  it  a  duty  to  the  public,  and  to  myself,  to  request  the  attention  ot  the 
banks,  vyhich  have  acted  as  agents  of  the  treasury,  in  the  receipt  and  distribution  ot  public  money,  to  the  following 
propositions: 

1.  That  the  banks  shall  assist  the  Government  with  the  means  of  discharging  the  treasury  notes,  and  paying  the 
dividends  of  public  debt,  during  the  present  quarter,  at  the  loan  office  of  their  respective  States.  A  great  portion, 
both  ot  the  treasury  notes  anil  public  debt,  belongs  to  the  banks,  respectively;  and,  so  tar,  nothing  more  than  a  pro- 
tracted credit  will  be  required.  The  balance  of  the  demand  will  be  payable,  of  course,  in  the  notes  of  the  respec- 
tive banks. 

'2.  That,  to  secure  and  satisfy  the  advances,  thus  to  be  made  by  the  banks,  respectively,  the  banks  shall  be  ad- 
mitted, on  reasonable  terms,  to  subscribe  to  the  loan  of  three  millions  of  dollars;  or  they  shall  receive  treasury 
notes,  or  they  shall  receive  bank  notes,  or  drafts  upon  banks  in  other  States.  If  any  bank  should  prefer  accommo- 
dating the  treasury  with  a  temporary  loan,  on  a  legal  interest,  this  course  may  be  pursued. 

I  will  thank  you,  sir,  for  an  early  answer  to  this  proposition,  and,  if  it  should  be  accepted,  I  will  immediately 
make  the  necessary  arrangements  to  carry  it  into  effect. 

I  have  the  honor  to  be,  sir,  very  respectfully,  your  most  obedient  servant, 

A.  }.  DALLAS. 


13th  Co.vGRESs.]  No.  435.  [3d 


tESSIOK. 


REVENUE    LAWS. 

COMMUXICATED   TO   THE    HOUSE    OF    REPRESENTATIVES,     DECEMBER   7,  1814. 

Treasury  Departjient,  November  19,  1811. 
Sir: 

I  have  the  honor  to  acknowledge  the  receipt  of  your  letter,  requesting,  on  behalf  of  the  Committee  of  Ways 
and  Means,  "any  information  which  the  Treasury  Department  can  furnish,  as  to  the  defects  of  the  present  it.'venue 
laws,  and  the  best  mode  of  ciurecting  the  evils  arising  from  an  intercourse  with  the  enemy." 

Although  the  expediency  of  a  general  revision  of  the  revenue  laws,  with  the  view  contemplated  by  the  com- 
mittee, is  acknowledged,  I  fear  it  will  be  impracticable,  at  this  time,  to  undertake,  and  to  execute,  satisfactorily,  so 
extensive  a  task.  The  pressure  of  the  current  business  upon  the  department,  is  severe,  and  precludes  an  applica- 
tion of  the  Secretary's  time  to  any  object  which  is  not  of  immediate  importance.  The  inconveniences  that  are  sug 
gested  in  the  documents  from  Vermont,  accompanying  the  reference  of  the  committee,  require,  however,  an  early 
attention,  and  the  following  views  of  the  subject  are  respectfully  submitted  to  your  consitleration: 

1.  The  representations  from  Vermont  present  various  causes  of  complaint: 

1.  That  smuggling  is  extensively  prosecuted,  on  the  Northern  frontier,  by  citizens  of  the  United  States,  some- 
times with,  and  sometimes  without,  the  cover  of  a  neutral  character;  in  the  course  of  which  the  enemy  obtains  im- 
portant intelligence;  he  is  lurnished  witli  cattle,  and  other  essential  supplies;  and  he  is  enabled  to  introduce  his 
merchandise  surreptitiously  into  our  markets. 

2.  That  the  powers  of  the  revenue  officers  are  inadequate  to  the  fletection  and  prosecution  of  these  oftences,  be- 
cause the  right  of  search  is  not  extended  to  every  vehicle  that  may  be  employed;  because  the  prohibitory  laws  do  not 
sufficiently  tiefine  and  enumerate  the  subjects  of  an  illicit  trade;  because  no  efficient  act  of  prevention  is  authorized 
to  be  performed,  even  upon  the  strongest  giound  of  suspicion;  and  because  there  is  no  force,  civil  or  military,  pro- 
vided to  aid  the  revenue  officers  in  the  execution  of  their  duty,  when  cases  of  violent  opposition  occur. 

3.  That,  limited  as  the  general  powers  of  the  revenue  officers  appear  to  be,  they  are  rendered  still  more  inade- 
quate by  the  terror  which  the  officers  now  feel,  of  being  exposed  to  suits  for  damages,  under  the  authority  of  recent 
decisions  in  the  courts  of  Jaw;  for  it  has  been  adjudged  in  Vermont,  that  the  inspectors  of  the  customs  are  not  au- 
thorized, in  any  case,  to  make  seizures,  and  that  actions  may  be  maintained  against  them,  to  recover  the  whole 
value  of  the  property  seized,  even  when  the  property  itself  has  been  duly  condemned,  as  forfeited  by  law. 

II.  The  actual  state  of  the  laws,  in  relation  to  these  subjects  of  complaint,  may  be  sufficiently  seen  in  die  fol- 
lowing analysis: 

Of  the  power  and  privileges  of  Inspectors,  and  other  afficera  of  Ike  customs. 

1.  The  inspectors  of  the  customs,  are  persons  emploj'ed  bv  the  collector,  with  the  approbation  of  the  principal 
officer  of  the  Treasury  Department,  and  their  duties  are  entirely  directed  to  guard  against  frauds  upon  the  revenue, 
by  smuggling,  or  any  other  kind  of  illicit  trade.  They  are  described  and  considered,  throughout  the  acts  of  Con- 
gress, as  officers  of  the  customs,  though  not  as  chief  officers. 

2.  On  the  arrival,  or  the  approach,  of  ships  or  vessels,  the  inspectors,  as  well  as  the  chief  antl  other  officers  of 
the  customs,  are  empowered  to  go  on  board,  (whether  in  or  out  of  their  respective  districts)  for  the  purpose  of  de- 
manding manifests  of  their  cargoes,  and  of  examining  and  searching  the  ships  and  vessels.  This  act  is  to  be  per- 
formed, ex  officio,  by  way  of  precaution,  w  ithout  any  special  deputation  from  a  collector,  naval  officer,  or  a  sur- 
veyor.—  1  vol.  367,  S.  tJ4. 

3.  If,  however,  there  be  reason  to  suspect  that  any  goods,  subject  to  tluty,  are  concealed  in  any  ship  or  vessel, 
an  inspector  cannot  enter  such  ship  or  vessel,  to  search  for,  seize,  and  secure  such  goods,  without  being  specially 
appointed  for  that  purpose  by  the  collector,  naval  officer,  or  surveyor.  .\nd  if  there  be  cause  to  suspect  a  conceal- 
ment of  such  goods,  in  any  particular  dwelling  house,  store,  building,  or  other  place,  a  search  warrant  must  be  ob- 
tained from  a  justice  of  the  peace,  to  authorize  a  search  and  seizure.      The  cases  here  provided  for,  are  cases  of 


322  FINANCE.        .'  [1814. 


suspicion  only,  when  probable  information  has  been  received  of  a  concealment  of  goods,  either  on  water,  or  on  land, 
witn  a  design  to  evade  the  payment  of  duties.  The  act  to  be  performed  is  not  in  the  ordinary'course  of  an  inspector's 
official  duly;  it  is  not  an  act  of  precaution,  but  of  detection:  it  is  not  an  act  authorized  for  seizing  goods  which  are 
notoriously  liable  to  seizure,  but  for  entering  a  ship,  or  a  house,  in  a  doubtful  case,  to  ascertain  whether  any  goods 
liable  to  seizure  are  there  concealed. — 4  vol.  389,  s.  68. 

4.  But  any  ship,  or  vessel,  goods,  wares,  or  merchandise,  which  are  liable  to  seizure  by  virtue  of  any  act  respect- 
ing tile  revenue,  it  is  the  duty  of  the  several  officers  of  the  customs  (including,  by  general  description,  and  practical 
construction,  the  inspectors  of  the  customs)  to  seize  and  secure,  as  well  without,  as  within  their  respective  tlistricts. 
The  act  to  be  performed,  in  this  case,  is  founded  on  the  fact,  that  the  property  is  liable  to  seizure,  but  that  it  is  not 
necessary  to  enter  either  a  ship  or  a  house,  to  ascertain  whether  such  goods  are  so  liable,  and  are  there  concealed. 

—4  vol.  .Sgo,  s.  70.  .  ■  .     ,         ,         n,  r 

5.  In  the  performance  ot  their  duties,  the  inspectors,  in  coinmon  with  the  other  officers  of  the  customs,  are  pro- 
tected by  the  law,  when  unjustly  sued  or  molested,  inactions  fordarnages;  and  when  any  prosecution  is  commenced, 
on  account  of  the  seizure  of  any  ship,  or  goods,  in  which  judgment  is  given  for  the  claimant,  the  inspectors  are  re- 
leased from  all  responsibility,  on  showing  that  there  was  a  leasonable  cause  of  seizure.  [4  vol.  391,  s  71,  Ibid  429, 
s.  89.  ]  This  last  provision,  indeed,  has  been  extended  generally  for  the  protection  of  any  collector,  or  other  officer, 
under  any  act  of  Congress  authorizing  a  seizure  of  any  ship  or  vessel,  goods,  wares,  or  merchandise,  where  the 
seizure  has  been  made  on  probable  cause,  although  restitution  should  be  decreed.— 8  vol.  255.  s.  1. 

6.  The  "Act  to  prohibit  any  American  from  proceeding  to,  or  trading  with,  the  enemies  of  the  United  States, 
and  for  other  purposes,"  declares,  that,  "if  any  person  shall  transport,  or  attempt  to  transport,  over  land,  or  other- 
wise, in  any  wagon,  cart,  sleigh,  boat,  or  otherwise,  naval  or  military  stores,  arms,  or  the  munitions  of  war,  or  any 
article  of  provision,  from  any  place  ol'  the  United  States,  to  Upper  or  Lower  Canada,  Nova  Scotia,  or  New  Bruns- 
wick," certain  forfeitures  and  penalties  shall  be  incurred.  And  authority  is  given  "to  the  collectors  ot  the  several 
ports  of  the  United  States,  to  seize  and  stop  naval  or  military  stores,  arms,  or  the  munitions  of  war,  or  any  articles 
of  provision,  and  ship  or  vessel,  wagon,  cart,  sleigh,  boat,  or  thing,  by  which  any  article,  prohibited  as  aforesaid,  is 
shipped  or  transported,  or  attempted  to  be  shipped  or  transported."  It  seems  to  be  a  strained  and  impracticable 
construction  of  the  provision,  to  confine  the  exercise  of  the  authority  for  stopping  and  seizing  the  contraband  arti- 
cles, to  the  personal  agency  of  the  collectors.  A  collector,  in  this  case,  as  in  every  other  case  where  a  positive  re- 
striction is  not  imposed,  must  act  through  the  vigilance  and  co-operation  of  the  inspectors,  and  other  officers  of  the 
customs. 

Of  the  existing  auxiliary  jneans  to  execute  the  revenue  hiivs,  and  the  laivs  prohibiting  trade  and  intercourse  with 

the  enemy. 

1.  In  addition  to  the  means  which  the  preceding  statements  will  suggest,  the  judges  of  the  supreme  court,  and  of 
the  several  district  courts  of  the  United  States,  anil  all  judges  and  justices  of  the  courts  of  the  several  States,  (having 
authority,  by  the  laws  of  the  United  States,  to  take  cognizance  of  offences  against  the  constitution  and  laws  thereof) 
have  the  like  power  to  hold  to  security  of  the  peace,  and  for  good  behavior,  in  cases  arising  under  the  constitution 
and  laws  of  the  United  States,  as  may,  or  can  be  lawfully  exercised,  by  any  judge  or  justice  of  the  peace  of  the 
respective  States,  in  cases  cognizable  before  them. — 4  vol.  231. 

2.  Whenever  the  laws  of  the  United  States  are  opposed,  or  the  execution  thereof  obstructed,  in  any  State,  by 
combinations  too  powerful  to  be  suppressed  by  the  ordinary  course  of  judicial  proceedings,  or  the  powers  of  the  mar- 
shal, the  President  is  authorized  to  call  forth  a  competent  force  of  the  militia,  to  cause  the  laws  to  be  executed. 
[4  vol.  188,  s.  2,  9.]  And  by  a  subsequent  act,  the  President  is  authorized  to  employ  the  land  or  naval  force  of  the 
United  States,  for  the  same  puipose. — 8  vol.  311. 

3.  A  final  judgment,  or  decree,  in  any  suit,  in  the  highest  court  of  law  or  equity  of  a  State,  in  which  a  decision 
of  the  suit  could  be  had,  where  is  drawn  in  question  the  validity  of  an  authority,  exercised  under  the  United  States, 
(as  in  the  case  of  an  officer  of  the  customs)  and  the  decision  is  against  the  validity,  may  be  reexamined,  and  re- 
versed, or  affirmed,  in  the  supreme  court  of  the  United  States,  upon  a  writ  of  error;  but  the  matter  in  dispute  must 
exceed  the  value  of  two  thousand  dollars,  exclusive  of  costs. — Vol.  1.  s.  61,  63. 

III.  From  these  views  of  the  subject  of  complaint,  and  of  the  state  of  the  law  in  relation  to  them,  we  are  led  to 
consider  the  best  modes  of  amending  the  defects,  and  correcting  the  evils  which  exist. 

1.  An  habitual  respect  for  the  judicial  authority,  does  not  permit  me  to  controvert,  any  further,  the  decisions  of 
the  courts  of  law  in  the  State  of  Vermont,  respecting  the  official  character  and  powers  of  the  inspectors,  and  other 
officers  of  the  customs.  It  is  recommended,  therefore,  that  the  law  should  be  so  amended,  as  to  place  the  inspector 
upon  the  footing  of  officers  within  the  meaning  of  the  revenue  laws,  and  laws  prohibiting  trade  and  intercourse  with 
the  enemy;  and  that  the  collectors  should  be  authorized  to  employ  a  competent  number  of  inspectors,  with  authoritv 
to  stop,  search,  detain,  and  seize,  all  cattle,  live  stock,  and  other  supplies;  all  goods  and  money,  and,  generally,  all 
other  articles  whatsoever,  howsoever  carried  and  transported,  by  land  or  by  water,  on  the  way  to,  or  from,  the 
British  provinces,  subject  to  such  regulations  as  will  secure,  with  as  little  embarrassment  as  possible,  the  rights  of  a 
lawful  or  neutral  trade. 

2.  The  officers  of  the  customs  should  be  entitled,  in  proper  cases,  and  on  proper  proofs,  to  obtain,  from  any  ma- 
gistrate, a  warrant  to  search  dwelling  houses,  and  other  buildings;  to  demand  the  assistance  of  the  marshal  of  the 
district,  and  his  deputies,  with  the  posse  of  the  district,  if  necessary,  for  the  execution  of  their  duties;  and  to  hold 
any  person  to  security  for  his  good  behavior,  stating,  on  oath,  that  they  have  probable  and  just  cause  for  believing 
that  such  person  is  carrying  on  an  unlawful  trade,  or  intercourse,  with  the  enemy. 

3.  No  citizen,  or  person  usually  residing  within  the  United  States,  should  be  allowed  to  cross  the  frontier  into 
the  British  provinces,  without  a  passport  from  the  Secretary  of  State,  or  from  the  Secretary  of  War,  or  from  the 
officer  commanding  the  military  district  in  which  such  person  usually  resides.  All  persons  coming  from  the  British 
provinces  into  the  United  States,  should  be  required  to  report  themselves,  within  a  reasonable  time,  to  the  military 
commander,  or  the  collector  of  the  district  within  which  they  shall,  respectively,  first  arrive.  And  any  person 
hovering  upon  the  frontier,  at  a  distance  from  his  usual  place  of  residence,  without  any  business  requiring  his  at- 
tendance there,  and  without  a  passport,  should  be  held  to  security  for  his  good  behavior,  as  a  person  suspected, 
upon  probable  cause,  to  be  engaged  in  an  unlawful  trade,  or  intercourse,  with  the  enemy. 

4.  The  militia  and  army  of  the  United  States,  on  the  frontier,  should  be  authorized,  under  proper  regulations,  to 
co-operate  with  the  civil  magistrates,  and  officers  of  the  customs,  in  seizing  anil  securing  persons  engaged  in  an  un- 
lawful trade,  or  intercourse  with  the  enemy,  together  with  the  articles  and  vehicles  employed  in  such  trade,  or 
intercourse. 

5.  A  more  effectual  provision  should  be  made  for  transferring,  from  the  State  courts  to  the  Federal  courts,  suits 
brought  against  persons  exercising  an  authority  under  the  United  States,  so  that  such  suits  may  be  transferred,  as 
soon  as  conveniently  may  be,  after  they  are  commenced. 

fi.  Treason  being  defined  by  the  constitution,  and  misprision  of  treason  being  an  olfence  which  is  necessarily 
founded  upon  that  definition,  many  practices,  of  a  treasonable  nature  and  effect,  which  cannot  be  constitutionally 
classed  with  treason,  are  unnoticeil  in  our  penal  code.  An  act  of  Congress  declaring  such  practices  to  be  misde- 
meanors, and  punishing  them  with  fine  and  imprisonment,  would,  perhaps,  be  the  most  effectual  mode  of  correcting 
the  evils  arising  from  an  intercourse  with  the  enemy. 

The  papers  that  were  received  from  the  committee,  are  now  returned;  and  I  embrace  the  opportunity  to  repeat 
the  assurances  of  the  sincere  respect,  with  which  I  have  the  honor  to  be,  sir,  your  most  obedient  servant, 

A.  J.  DALLAS. 

J.  W.  Eppes,  Esq.,  Chairman  of  the  Committee  of  Ways  and  Means. 


1814.]  THE    MINT.  8^3 


13tli  Congress.]  Nq.  436.  [3il  Session. 


PROPRIETY   OF  LEGALIZING    THE   PAYMENT  OF  CLAIMS   IN   GOVERNMENT   STOCK   OR 

I'REASURY  NOTES. 

COMMUNICATED    TO     IIIE    IIOl'SK    OK    UEPRESENTATIVKS,    DKCEMBEK    I  ft,     1814. 

Trf.asiky  Uevakimkst,  December  10.  \81i. 
Sir: 

I  have  the  honor  to  acknowledge  the  receipt  of  your  letter  of  tliis  [noriiing's  date,  recpiestiiig,  for  the  Coui- 
mittce  of  Claims,  an  opinion  upon  the  propriety  of  providing,  by  law,  for  the  payment  in  Governienl  stock,  or  trea- 
sury notes,  of  claims  allowed  by  Congress,  instead  of  making  general  appropriations  for  payment,  out  of  any  mo- 
ney in  the  treasury,  not  otherwise  appropriated? 

It  gives  me  great  pleasure  to  acknowledge  the  disposition  manifested  by  the  committee,  to  accommodate  the 
treasury  upon  the  present  occassion.  I  do  not  tiiink,  howevei',  that  the  change  in  tlie  mode  of  appropriation,  which 
your  letter  suggests,  would  be  attended  with  any  pulilic  advantage,  and  it  might,  at  this  time,  be  itjjurious  lo  ihe 
public  credit.  Every  creditor  is  entitled  to  be  paid,  according  to  the  terms  of  his  contract:  and,  as  to  the  medium  of 
payment,  the  truth  is,  that  every  creditor  must  accept  whatever  the  treasury  is  able  to  otl'er.  It  is  known.  ih;it  tliere 
is  no  gold  and  silver,  and  that  bank  notes  are  of  a  limited  circulation,  while  the  Government  bank  credits  are  of  a 
limited  amount.  Stock  and  treasury  notes  are,  consequently,  the  present  means  of  payment  proposed  by  the  trea- 
sury, generally  speaking.  But  the  state  of  the  buisness  is  better  to  be  explained  at  the  treasury,  than  to  be  an- 
nounced in  an  act  of  Congress;  particularly,  as  I  cherish  the  hope  of  an  early  amelioration  of  our  fiscal  resources. 

I  have  the  honor  to  be,  very  respectfully,  sir.  your  most  obedient  servant, 

A.  .1.  DALLAS. 
B.  Yancy,  Esq.  Chairman  of  the  Committee  of  Claims. 


13th  Congress.]  No.  437.  [3d  Session. 


MINT. 

COMMUNICATED  TO  THE  SENATE,  JANUARY    10,   1815. 

7o  the  Senate  and  House  of  Representatives  oftlie  United  States: 

I  communicate  for  the  information  of  Congress,  the  report  of  the  Director  of  the  Mint,  of  the  operation  of  that 
establishment  during  the  last  year. 

JAMES  MADISON. 
January  10;/j,  1815. 

Mint  of  the  United  .States,  January  2,  1815. 
Sir: 

I  have  now  the  honor  of  laying  betore  you  a  report  ol  the  operation  of  the  Mint  for  the  last  year. 

Fiom  the  Treasurer's  statementof  the  coinage,   herewith  transmitted,  it  will  appear,  that  during  the  above 
period,  there  have  been  struck  and  issued — 

In  Gold  coins,  15,451  pieces,  amounting  to  $77,270; 

In  Silver  coins,  1,460,575  pieces,  amounting  to  $561,687  50; 

In  Copper  coins,  357,830  pieces,  amounting  to  $3,578  30; 

Making,  in  the  whole,  one  million  eight  hundred  and  thirty-three  thousand  eight  hundred  and  fifty-nine  pieces, 
amounting  to  six  hundred  and  forty  two  thousand  five  hundred  and  thirty-five  dollars  and  eighty  cents. 

I  have,  sir,  the  honor  to  be,  with  sentiments  of  the  greatest  respect  and  esteem,  your  most  obedient  servant, 

R.  PATTERSON. 
James  Madison,  President  of  the  United  States. 


884 


FINANCE. 


[1814. 


A  Statement  of  the  Coins  struck  at  the  Mint  of  the  United  States  Jrom  the  1st  of  January  to  the  3Ut  December, 

ioL4^  ZTlCtUStVc* 


GOLD  COINS. 

Dollars.  Cents. 

Totals. 

Half  Eagles. 

Quarter  ending  31st  March,              -            -           -            - 
"        "        30th  June,     -            -            -            -            - 
"        "       30th  September,        -            -            -            - 

- 

3,155 

606 

11,693 

15,775  00 

3,030  00 

58,465  00 

15,454  pieces  oF  Gold  coins,       -           -            -            - 

15,454 

Total  amount  of  Gold  coins. 

- 

$77,270  00 

162.435  00 

209.436  00 
159,291   50 

30,525  00 

SILVER  COINS. 

Dimes. 

Half  Dollars. 

Quarter  ending  31st  March,    -            -            -            -           - 
"        "        30th  June,       -            -            -            -           - 
"        "        30th  September,         -            -            -            - 
**        "        31st  Decen»ber,                       -            -            - 

34,500 

81,750 

305,250 

324,870 
411,972 
302,233 

l,460,575piece3of  Silver  coins,                           -           - 

421,500 

1,039,075 

- 

Total  amount  of  Silver  coins. 

- 

561,687  50 

COPPER  COINS. 

Cents. 

Quarter  ending  31st  December,        -            -            -            - 

coins. 

357,830 

357,830  pieces  of  Copper  coins. 

Total  amount  of  Coppec 

- 

3  578  30 

Number  of  pieces,  1,833,859,  of  all  the  coins. 

Amount  of  all  the  coins. 

- 

$642,535  80 

Mint  of  the  United  States,  Treasurer's  Office,  Philadelphia,  31.s^  December,  1814. 


JAMES  RUSH. 


An  abstract  of  the  ordinary  expenses  of  the  Mint  of  the  United  Slates,  from  the  1st  January  to  the  3ls/  December, 

1814,  inclusive,  viz: 


■ 

Salaries. 

Wages. 

1 
Incidental.           Totals. 

i 

Quarter  ending  31st  March,  1814,      -           .            -            - 
"        "        .30th  June,       "          -            -            -           - 

"        "        30th  Sept.        "          -            -           -            - 
"        "        31st  Dec.         "          -           -            -            - 

$2,454   10 
2,525  00 
2,525  00 
2,525  00 

$1,717  45 
1,569  48 
1,611   63 
1,527  63 

$582  25        $4,753  80 
920  70  '        5,015   18 
554  09          4,690  73 
578  81           4,631   44 

$10,029   10 

$6,426   19 

f.:)  g-^g  pr, 

Amount, 

$19,091   14 

Mint  OF  the  United  .States,  Treasurer'' s  Office,  Philadelphia,  31s/  December,  1814. 


jajMes  rush. 


1815.]  STATE  OF  THE   TREASURY.  885 


I3th  Congress.]  ^q^  438.  [3d  Session-. 


STATE   OF   THE    TREASURY 

,^t  the  close  ofiheycar  1811,  anda  plan  for  providinfi'  titc  wai/s  and  mcann  for  /.lie  year  18ir>. 

COMMUNICATED    TO     THE    HOUSE    O  F  REPRESKNTATI  VKM,  J  ANU  AllY  0  1 ,   1  S  1  5. 

Treasury  Depaktmknt,  .fanuary  17,   1815. 
Sir: 

I  have  deemed  it  hitherto  my  duty  to  wait,  witii  deference  and  respecf.  for  a  di'cisioii  U|)i)n  flic  measures 
which  I  had  the  honor  to  suggest  to  the  Committee  of  Ways  and  Means,  on  the  17th  ofOctol)er  l;ist.  iiut  tlie  rapid 
approach  to  the  terminalion  of  the  session  of  Congress,  induces  me  again  to  trespass  ujjon  your  aKention,  earlier, 
perhaps,  than  is  consistent  with  a  satisfactory  view  of  flie  situation  of  the  treasury,  as  souie  important  plans  are  still 
under  legislative  discussion.  1  have,  now,  however,  the  honor  to  submit  to  the  consideiatioii  of  the  Couuniltee  of 
Ways  and  Means,  the  following  additional  statements  and  propositions. 

STATEMENTS. 

I.  Statement  of  the  sicuation  of  the  treasury  at  the  close  of  the  year  1814. 

1.    The  charges  07i  the  treasury,  for  1611. 

It  appears  that,  at  the  close  of  the  year  ISK!,  there  was  a  general  balance  of  the  appropriations  for  that  year,  re- 
Hiainiug  unsatisfied,  and  subject  to  be  called  for  at  the  treasury,  in  the  year  lSl-1,  amounting  to  about  $8,1.'!1.31.'5  03 
and  composed  of  the  following  items: 

Of  the  appropriation  for  the  civil  department,  about  .                 .                .                .                .  390.499  07 

Of  the  appropriation  for  the  military  department,  .....  2,Gf)().'i30  33 

Of  the  appropriation  for  the  naval  defiartment.  .....  3, (ill, -2 10  73 

Of  the  ap|)ropriation  for  the  diploinatic  department.  .....  'J53,81G  0-3 

Of  tlie  appropriations  for  miscellaneous  services,  .....  1,209,19020 

8.131,313  03 
The  annual  appropriations  for  the  year  1811,  amounted  to  the  sum  of  .  38,003,091  28 

The  sum  necessary  to  meet  the  engagements,  in  relation  to  the  public  debt,  was  al)out  11, 560, .580  39 

49.503,277  07 


The  gross  charge  on  the  treasury,  for  the  year  1814.  was,         .  .  .  $57,094,590  70 

2.   The  ways   and  means  of  the  treasury,  for  ISli. 

The  gross  charge  upon  the  treasury,  for  the  year  1814,  amounting  to  $57,094,590  70,  included,  as  above  stated. 
the  balance  of  the  appropriations  of  1813.  remaining  unsatisfied  at  tlie  close  of  that  year.  It  is.  therefore.  proj)er  to 
place  to  the  credit  of  the  treasury,  the  outstantling  revenue  and  resources,  at  the  commencement  of  the  year  1914: 
and  these  consisted  of  the  following  items: 

Of  cash  in  the  treasury  on  the  1st  of  January,  1814,  ....  5.196,482 

Of  revenue  received  at  the  treasury  in  tlie  1st  quarter  of  1814,  .  .        4,280,062  28 

Of  revenue  received  in  the  2d  quarter,     .....         2,822,10805 
Of  revenue  received  in  the  3d  quarter,  ....        2,313,183  20 

Of  revenue  received  in  the  4th  quarter,  by  estimate,  .  .  .        1,920,000  00 


Of  the  proceeds  of  loans  contracted  for  in  1813,  and  paid  in  181 4.  .         3,592,005  00 

Of  the  proceeds  of  treasury  notes  issued  under  the  act  of  1813.  and  received  in  1811,  1,070,000  00 

Of  the  amount  of  the  loan  authorized  by  the  act  of  the  24th  of  March,  1814,  25,000,000  00 

Of  l!ieamountof  the  loan  authorized  ijy'the  act  of  the  I5th  of  November.  1814.  3.000,000  00 

Of  the  amount  of  treasmy  notes  authorized  to  be  issued  by  the  act  of  the  4th  of 

March,  1814,  .  .  .  ...  .      .  •  5,000,000  00 

Of  the  amount  of  treasury  tunes,  authorized  to  be  issued  by  the  act  oi  Decem- 
ber 20,  1814,  .       ■  .  .  .  .  .  .  3.000,000  00 


11.311,353  53 

4. 602. GOO  00 

28,000.000  00 

^^, 000. 000  00 
$57,170,500  53 


From  this  statement,  therefore,  it  appears. 

That  the  charges  on  the  treasury  for  1814,  amounted  to  ....  57,091,59070 

That  the  ways  and  ineana  of  the  tieasury,  for  1814,  amounted  to  .  .  .  57,170,500  53 

$524,090   17 

And  this  excess  of  charges  on  the  trearury.  anvMiuting  !(»  $524,090  17.  beyond   th.e  ways  and  means  actually  ap- 
propriated, will  be  payable  (Hit  of  the  revenue  uncollected  on  the  31st  of  December.  1814. 

But,  independent  of  the  general   view  thu>  taken  of  the  existing  chaigeson  the  treasury,  and  of  the  ways  aii^ 
means  designated,  by  law.  lor  the  service  of  1814.  it  is  necessary  to  present  a  statement  ot  the  actual  receipts  and  r :  - 
bursements  for  that  year.  .       . 

The  actual  receipts  at  the  treasury. during  the  year  1814,am;iunted  tothe  sum  of  S40,007.6G1  53,  and  consiste;'  m 
the  following  items: 

The  cash  in  the  treasury  v.n  the  1st  of  January,  1814,  amounted,  as  above  stated,  to  .  $5,196,482  00 

The  revenue  received  at  the  treasury,  during  the  year  1814,  amounted,  as  above  stated,  to   ^      .  11.311,353  53 

The  cash  received  at  the  treasury,  in  the  year   1814,  on  account  of  the  loans  and    issues  ol  treasury 

notes,  authorized  in  1813,  amounted,  as  above  stated,  to  .  ■  •  •  4.0G2,6G5  00 

The  cash  received  at  the  treasury,  on  account  of  the  loans  authorized  .n  Is^M,  amount- 
ed, in  the  second  quarter,  to "  .....  .6.087,01100 

Enlhe  third  quarter,  to  .....  .2.815,06000 

In  the  fourth  quartei-,  by  estimate,  ....  .  2./0/,810  00 

^  '    -^  11.009,381  00 

11^3  tt 


(^3(3  FINANCE.  [1815. 


The  cash  received  at  the  treasury,  on  account  of  the  issues  of  treasury  notes,  authorized 

in  1814,  amounted  in  the  second  quarter,  to                     ....  1,392,10000 

In  the  third  quarter,  to            ..••••                •  1,603,900  oO 

In  the  fourth  quarter,  to           ......                 .  4, 23 1,280  00 


The  actual  disbursements  at  the  treasury,  during  1814,  (taking  a  part  of  the  fourth  quarter  by 
estimate)  amounted  to  the  sum  of  $38,273,619  38,  and  consisted  of  the  following  payments: 

For  the  civil  department,  ......       933,327  97 

For  miscellaneous  services,  ...                 ...     1,207,49230 

For  the  diplomatic  department,  ......        206,306  52 

For  the  military  department,  .....                .20,510,23800 

For  the  naval  department,  ......    7,312,89990 

For  the  public  debt,  ......    9.103,35459 


7,227,280  00 
40,007,661   53 


38,273,619  28 


The  estimated  balance  of  cash  in  the  treasury,  on  the  31st  of  December,  1814,  being    .  .  $1,734,042  25 

To  these  views,  however,  1st.  of  the  general  charges  on  the  treasury,  and  of  the  ways  and  means  designated  by 
law,  for  the  service  of  1814;  and  2d,  of  the  actual  receipts  and  disbursements  at  the  treasury,  during  that  year,  it  is 
proper  to  add  a  statement  of  the  result,  showing  tiie  condition  of  t!ie  treasury  at  the  end  of  1814,  in  relation  to  the 
unsatistied  demands,  and  to  tlie  unexpended  ways  and  means. 

Fhe  unsalisfied  demands  on  the  treasury,  at  the  close  of  1814,  amounted  to  $19,420,971  42,  and  consisted  of  the 
balances  of  appropriations  for  the  following  objects: 

For  the  civil  department,  ......  519,967  11 

For  miscellaneous  services,  ...                ...  1,285,682  36 

For  the  diplomatic  department,  ......  230,940  10 

For  the  military  department,  ......  9,458,898  33 

For  the  naval  department,  ......  4,468,251  72 

For  the  public  debt,  ......  3,457,231  80 


The  unexpended  amount  of  the  ways  and  means  provided  for  1814,  was  $23,396,881  25,  and  con- 
sisted of  the  following  items: 

Cash  in  the  treasury  on  the  1st  of  January,  1814,  estimated  at  .  .  .     1,734,042  25 

Revenue  uncollected  and  outstanding,  estimated  at  ....     4,500,00000 

Authority   to  borrow    money  and  to   issue  treasury   notes,  not  executed,  or  not  yet 

productive,  under  acts  of  the  4th  and  24th  of  March,  1814,         .  .  .    8,162,839  00 

Stock  sent  to  Europe,  .....  3,000.000  00 

Underact  of  November  15,  1814,        ....  3,000.00000 

Underact  of  December  26,  1814,  ....  3,000,00000 


19,420,971  42 


9.000,000  00 

23,396,881  25 


The  surplus  of  ways  and  means,  in  reference  to  the  service  of  1814,  including  revenue,  and  the  un- 
executed authority  to  borrow,  and  to  issue  treasury  notes,  is,  therefore,  .  .  $3,975,909  83 

The  conclusion  from  this  statement  of  the  situation  of  the  treasury,  at  the  close  of  1814,  under  the  different  views 
which  have  been  presented,  would  seem  to  establish,  that  tiie  ways  and  means  provided  for  the  service  of  that  year 
Were  considerably  more  tiian  the  demands  on  the  treasury  would  require.     But  it  nuist  always  be  recollected   that 
the  demands  are  positive  and  urgent,  while  a  great  portion  of  the  ways  and  means  rests  upon  a  precarious  foundation. 
Thus:  the  unsatistied  demands  on  the  treasury,  for  the  service  of  1814,  positive  and  urgent  in   their 

nature,  amount  to  ....  .  ...         19,420,971  42 

The  cai-li  iii  the  treasury,  and  the  outstanding  revenue,  only  amount  to  ■  .  .  6,234,042  25 


$13,186,929   17 


And,  consequently,  the  payment  of  the  difference,  amounting  to  $13,186,929  17,  for  the  service  of  1814,  must 
depend  on  the  success  of  raising  money  by  loan,  or  by  issues  of  treasury  notes,  under  the  unexecuted  authority  con- 
stituting the  remaining  ways  and  means  designated  for  the  same  year. 

II.  Statement  of  the  situation  of  the  treasury  for  the  year  1815. 

1.  T7te  charges  uponlhe  treat>ury,for  the  year  1815,  as  already  ascertained. 

The  estimates  for  the  annual  appropriations  amount  to  $40,538,889  39.  consisting  of  the  following  items: 

For  civil,  diplomatic  aiid  miscellaneous  expenses,  .  .  .  1,979,289  39 

For  the  military  department.     .  .  .  .  .  .       30,342,238  00 

For  the  naval  department,        ......         8,217,36200 

The  public  debt  will  call  for  a  sum  of  $15,493,145  30,  to  answer  the  following  claims: 

For  interest  and  reimbursement  of  stocks  existing  before  the  war.  .  3.452,775  46 

For  interest  on  the  funded  debt,  created  since  the  war,  .  .  .2,922,816  72 

For  the  interest  on  loans  to  be  effected  in  1815,  by  estimate,       .  .  .  1,500.000  00 

For  the  principal  and  interest  of  treasury  notes  falling  due  in  1815.  and  on  the  1st 
of  January,  1816,  .....  .  7,617,553  12 


40,538,88  1  39 


15,493,145  30 

$56,032,034  69 

From  this  view,  it  appears  that  ways  and  means  must  now  be  provided  Uiv  an  expenditure  of  $56,032,034  69,  in 
the  year  1815,  independent  of  such  additions  as  may  arise  from  the  contemplated  establishment  of  a  sinking  fund, 
in  relation  to  the  public  debt  created  since  the  war,  and  from  any  other  new  object  of  expense,  which  shall  be 
authori7.e<l  during  the  present  year. 

2.    The  Jf'ays  and  Means  of  the  Treasury,  for  1815. 

The  outstanding  and  uncollected  reveiuie,  at  the  commencement  of  1815.  has  been  considered  as  applicable  to 
the  payment  ot  the  unsatistied  balances  of  the  appropriations  for  the  preceding  year;  and,  consequently,  only  such 
parts  ot  the  revenue,  as  shall  accrue,  and  be  actually  received  at  the  treasury,  during  1815,  can  be  embraced  in  the 
resources  tor  the  current  service.  But  it  also  follows,  from  that  view  of  the  subject,  that  the  treasury  is  entitled  to 
be  credited  in  1815,  for  the  excess,  in  the  provision  of  ways  and  means,  to  meet  the  expenditure  of  1814. 


1815.]  STATE    OF   THE    TREASURY. 


887 


This  cxxess,  consistins  of  cash,  of  oiitstandiiis;  rovctiuc.  and  of  an  autliority  (o  borrow,  or  fo  issue 

treasury  notes,  amounts,  as  above  stated,  to  the  sum  of       ------  $.'),97r),909  83 

The  nctt  sum,  reci'ivable  into  the  treasury,  in  the  year  1815,  for  duties  on  goods  imported  during 

that  year,  cannot  be  safely  estimated  at  a  greater  sum  tium             -----  1.000,00000 

The  direct  tax  will  probably  give  to  the  treasury,  during  the  year   IS15,  a  sum  of      -             -             -  s'ooo'ooo  00 
The  internal  duties,  old  and  new,  and  postage,  on  an  estimate  which  is   stated    in  the   schedule    A, 

will  probably  produce,  in  the  year  ISIT),  a  sum  of                 -----.  7,0.'30  000  00 

The  sales  of  public  lands  will  probably  produce,  in  the  year  1815,  ;i  sum  of    •             -             ■            -  I'ooo^OOO  00 

The  amount  of  incidental  receipts,  from  miscellaneous  sources,  will  probably  be        -            -            -  'l(io]o<)0  00 


S15,l-J5.909  83 


But  it  appears,  that  the  single  item  of  public  debt  will  re(|uire.  in  the  year  I815.  a  sum  of    -  ■  15  493,1 15  30 

And  that  the  revenue  (independent  of  the  excess  of  the  authority  to" burrow.  &c.  brought  from  the  '       ' 

last  year's  ways  and  means)  will  only  be     -            -            -      "      -            -            .     ^     .  .  11,150  000  00 

Leaving  a  deficiency,  ill  tliat  respect  alone,  of           -            -  -  $1,313.1.1530 

In  a  more  general  view,  however,  it  is  to  be  stated — 

That  the  charges  upon  the  treasury,  for  the  year  1815,  amount  to  the  sum  of               -            -  $50,032,031  C9 

That  the  existing  sources  of  supply  amount  only  to       ------  .  i5'io;,';»()9  83 


And  that  ways  and  means  must  be  provided  to  raise  the  deficit  of  -  ■  $10,900, 124  80 

It  will  be  readily  seen,  that  the  estimates  of  the  product  of  the  direct  tax,  and  of  the  new  internal  duties,  are 
applicable  only  to  the  present  year:  and  that,  in  every  succeeding  year,  the  amount  will  be  greatly  augmented.' 

It  must  also  be  repeated,  that,  in  (he  statements  now  presente<l,  no  piovision  is  inserted  for  tlie'cdntemiJlated 
sinking  fund;  nor  for  the  payment  of  a  considerable  amount  of  unlifpiidated  claims  upon  the  Government  for  ser- 
vices and  supplies;  as  these  objects  seem  to  require  a  distinct  consideration. 


PROPOSITIONS. 

I.  It  is  respectfully  proposed,  that  provision  be  made  to  raise  a  sum  of  10.900,121  dollars  and  80  centr,  in  addi- 
tion to  the  amount  of  the  existing  revenue,  for  the  service  of  the  year  1815;  partly  by  taxes,  partly  by  an  issue  of 
treasury  notes,  and  partly  by  an  authority  to  procure  money  upon  loan. 

II.  It  is  respectfully  proposed,  that  an  additional  sum  be  raised  by  taxes,  to  the  amount  of  5,000,000  dolh.rs;  and 
that  the  following  objects,  or  a  selection  from  these  objects  of  taxation,  graduated  in  the  amount  to  produce  that 
sum.  to  be  made  equally  productive,  shall  form  the  basis  of  the  additional  levy: 

1.  A  tax  upon  inheritances  and  devises,  to  be  paid  by  the  heirs  or  devisees,  may  be  made  to  produce       $900,000  00 

2.  A  tax  u|ion  bequests,  legacies,  and  statutory  distribution,  to  be  paid  by  the  legatees,  or  legal  re- 

presentatives, may  be  made  to  produce        -  -  -  -  -  -  -  -         500,000  00 

3.  An  auxiliary  tax  upon  all  testamentary  instruments  and  letters  of  administration,    to  be  paid  by 

the  executors  or  administrators,  may  be  made  to  produce  -  -  -  -         200,000  00 

4.  A  tax  upon  legal   process  and  proceeding.-^  in  the  courts  of  the  United  States,  to  be  paid  by   ihe 

parties  at  the  time  of  taking  (tut  the  process,  or  entering  the  proceedings,  may  be  made  to  pro- 
duce -  -  ■•  -  -  -       "     -  -  -  -  -         250.000  00 

5.  A  tax  upon  conveyances,  mortgages,  and  leases,  to  be  paid  by  the  grantees,  mortgagees,  and 

lessees,  may  be  made  to  produce       -  -  -  -  -  -  -  -  -        300,000  00 

6.  A  stamp  tax  upon  bonds,  penal  bills,  warrants  of  attorney,  notarial  insfi  iiments.  policies  of  insur- 

ance, all  negotiable  notes,  protests  of  bills  of  exchange  and  promissory  notes,  bills  of  sale,  and 
hypothecations  of  vessels,  bottomry  and  respondentia  bonds,  may  be  made  to  pi-oduce  -         400,000  00 

7.  A  tax  of  one  dollar  upon  every  ban-el  of  whealen  ilour,  to  be  i)aid  by  the  miller,  may  be  made  to 

produce  -  -  -  -  -  -  -  -  -  -  -      3,500,000  00 

8.  A  tax  upon  the  dividends,  (other  than  the  dividends  of  banks)  and  upon  the  sale  and  transfer  of 

the  stocks  of  banks,  insurance  companies,  and  other  corporations,  operating  for  profit,  upon  a 

money  capital,  may  be  made  to  produce       ----.--.         Ooo.ooo  00 

9.  An  income  tax  may  be  easily  made  to  produce,        -  ......     3,000,000  00 


511.  It  is  respectfully  proposed,  that  the  atlditionai  sum  t.)  be  raised,  by  the  specified  taxes,  shall  be  appropriated 
as  follows: 

1.  Towards  establishing  a  sinking  fund,  in  relation  to  the  public  debt,  created  since  the  war, 

2.  Towards  the  payment  of  principal  and  interest  of  the  treasury  notes,  to   be  issued  in  the  manner 

hereafter  suggested,  -.--_...-. 

3.  Towaids  defraying  the  expenses  of  the  present  year,  ..--.. 


IV.  It  is  respectfully  proposed,  that  tlieie  shall  be  an  emission  of  treasury  notes,  for  the  seivice  of  tlie"year 
1815,  to  the  amount  of  fifteen  millions  of  dollars,  on  the  following  plan: 

1.  The  denominations  of  the  notes  shall  be  such  as  the  Secretary  of  (he  Treasurj-,  with  the  isppiobation  of  (he 
President,  may  direct. 

2.  The  notes  of  the  denomination  of  100  dollars  and  up'.sard-;,  shall  be  made  payable  to  order,  and  shall  bear 
an  interest  of  five  and  two-iiftlis  per  centum  per  aniuim. 

3.  The  notes  of  a  denomination  less  than  100  dollars,  and  not  less  tiian20  dollars,  shall  be  payable  to  order,  .and 
bear  an  interest  at  the  same  rate;  or  shall  be  payable  to  beai-ei-.  and  bear  no  interest;  as  the  Secretary  oi  the  Trea- 
sury, with  the  approbation  of  the  President  of  the  Unittd  States,  shall  direct. 

4.  The  notes  of  a  denomination  under  20  dollars,  shall  be  made  payable  to  bearer,  and  >;hall  be  circulated  witii- 
out  interest. 

5.  The  notes  shall  be  issued,  and  be  made  payable  at  the  treasury  only;  but  any  portion  of  thein  may  be  depas- 
ited  with  the  loan  officers  or  banks  throughout  the  United  States,  forthepui'pose  of  being  put  into  general  circulation. 

C.  The  holders  of  the  treasury  notes,  not  bearing  an  interest,  may,  at  any  time,  exchange  them,  in  sums  not  less 
than  100  dollars,  lor  certificates  of  public  stock,  bearing  an  iiiterest  of  seven  per  cent,  peraiuium,  and  irredeema- 
ble for  twelve  years,  from  the  date  of  the  certificate.^,  respectively. 

7.  The  notes  shall  be  leceivable  in  all  payments  in  the  United  States;  but,  in  such  cases,  they  may  be  re-issued. 

8.  The  notes  shall  be  payable  by  annual  instalment,  according  to  their  dates,  and  in  the  manner  to  be  notified 
by  the  treasury,  to  wit: 


888 


FINANCE.  L1815. 


In  1816,  the  sum  of  (one-fifth)       -            - ^^Vnnn'nnn  no 

In  1817,  the  sum  ot;       ditto,            -           -            - ^oKn  oo 

In  1818,  the  sum  of         chtto,  ---------  3,000,00000 

In  1810,  the  sum  of        ditto,  ---------  3,000,000  00 

In  1820:  the  sum  of        ditto,  --------  -  3,000,00000 

$15,000,000  00 


9.  The  reimbursement  of  the  notes  shall  be  eflfected.  according  to  the  instalments,  either  by  the  payment  of  the 
principal  and  interest  to  the  holders,  or  by  taking  out  of  circulation,  and  destroying  the  amount  of  the  instalment, 
in  notes  which  have  been  paid  to  the  United  States  tor  duties,  taxes,  or  other  demands. 

10  Tliere  shall  be  an  appropriation  of  such  a  portion  of  the  taxes,  above  specified,  as  will  be  adequate  to  the 
payment  of  the  successive  instalments  of  the  notes;  and  the  faith  ot  the  United  States  should  be  pledged  to  make 
good  anv  deficiency.  .j-       ,    ■         r    ,  ,- 

"^  11.  There  shall  be  no  additional  issue  of  treasury  notes,  except  upon  a  specific  pledge  ot  the  same  taxes,  or  ot 
other  competent  taxes,  to  an  amount  equal  to  the  reimbursement  of  the  notes,  according  to  the  stipulated  instal- 
ments. 

v.  It  is  respectfully  proposed,  that  authority  should  be  given  to  the  President  to  borrow  the  sum  of  twenty-fire 
millions  of  dolkirs,  on'the  faith  of  the  United  States. 

1.  The  loan  to  be  accepted  on  the  most  advantageous  terms  tiiat  can  be  obtained. 

2.  The  amount  of  the  loan,  for  the  payment  and  security  ot  principal  and  interest,  to  be  placed  on  the  same 
footing  as  the  rest  of  the  funded  debt  created  since  the  war. 

If  the  propositions  submitted  to  the  consideraticm  of  the  Committee  of  Ways  and  Means  should  be  adopted,  the 
treasury  will  be  placed  on  the  following  footing  for  the  year  1815: 

1.  The  ascertained  demands  upon  the  treasury  amount  to  -----  $56,032,034  69 

2.  The  existing  sources  of  revenue  and  supply  will  produce     -  -  -  $11,150,000  00 

3.  The  excess  of  outstanding  revenue,  and  of  authority  to  borrow  money  and  to  issue 

treasury  notes,  for  the  service  of  1814,  beyond  the  demand,  is  estimated  at  3,975,909  83 

4.  The  taxes  now  proposed,  are  estimated  to  produce,  for  1815,           -             -  -   5,000,000  00 

5.  Tlie  issue  of  treasury  notes,  for  the  service  of  1815,  will  produce                -  15,000,000  00 

6.  The  authority  to  raise  inonev  by  loan,  for  the  service  of  1815,  extends  to  -  25,000,000  00 

60,125,909  83 


Surplus  of  ways  and  means,        -  -  -  $4,093,875  U 

The  surplus  of  ways  and  means,  for  the  vear  1815,  will  be  applicable  to  the  establishment  of  the  contemplated 
sinking  fund,  and  to  the  payment  of  any  additional  expenses  that  Congress  may  authorize. 

In  making  the  present  communication,  I  feel,  sir,  that  I  have  performed  my  duty  to  the  Legislature  and  to  the 
country;  but  when  I  perceive  that  more  than  forty  millions  of  dollars  must  be  raised,  for  the  service  of  the  year 
1815,  by  an  appeal  to  public  credit,  through  the  medium  of  the  treasury  notes  and  loans,  I  am  not  without  sensa- 
tions of  extreme  solicitude.  The  unpromising  state  of  the  public  credit,  and  the  obstructed  state  of  the  circulating 
medium,  are  sutficiently  known.  A  liberal  imposition  of  taxes,  during  the  session,  ought  to  raise  the  public  credit, 
were  it  not  for  the  counteracting  causes:  but  it  can  have  no  effect  in  restoring  a  national  circulating  medium.  It 
remains,  therefore,  with  the  wisdom  of  Congress  to  decide,  whether  any  other  means  can  be  applied  to  restore  the 
Dublic  credit;  to  re-establish  a  national  circulating  medium,  and  to  facilitate  the  necessary  anticipations  of  the  pub- 
lic revenue.  The  humble  opinion  of  this  Department,  on  the  subject,  has  been  respectfully,  though  frankly,  ex- 
pressed on  former  occasions,  and  it  remains  unchanged. 

I  have  the  honor  to  be.  w  ith  great  consideration,  sir,  your  most  obedient  servant, 

A.  J.  DALLAS. 

J.  W.  Eppf.s,  Esq.,  Chairman  qf  llie  Committee  of  JVays  and  Means. 

Schedule  j3. 

Treasury  Bf.partmext,  Bcvenue  Office,  December  16.  1814. 
Sir: 

I  have  the  honoi-,  in  compliance  with  your  request,  to  submit  the  annexed  estimates  of  the  products  of  the 
existing  internal  duties  and  of  the  additional  duties  proposed  to  be  laid  by  the  bills  now  before  Congress;  the  first 
statement  exhibiting  the  products  for  an  entire  ycaraftei-  the  respective  duties  shall  be  in  full  operation,  and  the  last 
statement  showing  the  amounts  that  may  be  expected  to  be  received  from  each  duty  during  the  year  1815.  It  may 
be  proper  to  add,  that  the  materials  do  not  exist  for  forming  estimates,  Avidi  regard  to  the  new  duties,  on  which  "a 
perfect  reliance  should  be  reposed. 

I  am,  very  respectfully,  your  obedient  servant, 

S.  H.  SMITH,   Commissioner  of  the  Revenue. 
Hon.  Secretary  of  the  Treasury. 

No.   1. 

Estimate  of  the  products  of  the  existing  internal  duties  and  of  the  proposed  additional  duties  for  an  entire  year  after 

they  shall  be  in  full  operation. 

Stamps,        ----.---..  $510,000 

Carriages,     ----------  300,000 

Sales  at  auction,           -                -                -                _       .        -                -                -                -                .  300,000 

Refined  sugar,              ---------  150,000 

Licenses  to  retailers,   ---------  900,000 

Licenses  for  stills  with  the  duty  on  spirits,              -                -                -                -                -                -  4,000,000 

Postage,         ---------.  250,000 

Lotteries.     -•-.----..  150,000 

Furniture,    ----------  1,238,000 

Horses  for  the  saddle  and  carriiige.           -                -                -                -                -                -                -  70,000 

Gold  watches,               -------..  60,000 

Silver  watches,            -               -               -               -               -               -               -               -               -  170,000 

Boots,            -                -                -                -                -                -                -                -                -                -  75,000 

Saddles  and  bridles,    ---.---..  66,000 

Paper,            -------.-.  50,000 

Candles,        ----.--.._  200,000 

Playing  cards,              ------...  80,00 


1815.]  DIRECT  TAX   ON  THE  DISTRICT  OF   COLUMBIA. 


889 


Tobacco  and  snuff,      -----....  200,000 

I  '"^'               --•------.  400.000 

iI"P,'                ----------  350,000 

2^^"*'  ,          ,         ,          "                  ■                 "                 ■                  -                 -                  -                  -                  -  200.000 

Beer  ale  and  porter,    ---.......  g^,  oy^ 

Leather,        -               - ^^^^ 


$10,379,000 

No.  2. 

Estimale  of  the  amounts  that  may  be  expected  to  be  received/rom  theforrg-oing  duties  during  the  year  ISl."). 

^*''i'".P^'        ----------  510,000 

Carnages,  -........_  3^ 

Sales  a   auction,  -----....  gj^    ^^ 

Refined  sugar,  ------...  j^q  ^^^ 

J  licenses  to  retailers,  -----...._  87.0  000 

Licenses  for  stills,  witli  the  duty  on  spirits,  -----.  2600000 

Postage,        -------..,  'sso'ooo 

Lotteries,      -----.....  j^  ^00 

Furniture,    -       .  ..    -  .  '  -  -  -  -  -  -  1,238.000 

Horses  tor  the  saddle  and  carriage,  -..-....  70000 

Gold  watches,  ----.....  g^'^Q^ 

Silver  watches,  ---......  ,-,^^0 

Boots  1  ' 

Saddles  and  bridles, 

Paper, 

Candles, 

Playing  caid.-^. 

Tobacco  and  snuff. 

Hats, 

Iron, 

Nails. 

Beer,  ale  and  porter, 

Leatner, 


570,000 


$7,0.53,000 


This  estimate  has  been  made,  on  the  supposition  that  the  bills  laying  the  new  duties  will  be  passed  previous  to  the 
1st  of  January  next. 

[Vide  No.  447.] 


ISthCoNGREsv]  No    459_  [3d  Srssion. 

DIRECT  TAX   ON   THE   DISTRICT   OF   COLUMBIA. 

COMMINICATK.D    TO    THK    HOUSE    OF    RKFRESKNTATI VKS,   J.WVARV    23,    1815. 

Mr.  Eppes,  iVoni  the  Committee  of  Ways  and  Means,  to  whom  was  referred  a  resolution  of  the  House  of  Repre- 
sentative*, instructing  them  to  inquire  into  the  constitutionality  and  expediency  of  imposing  a  direct  tax  on  the 
District  of  Columbia  and  the  several  Territories  of  the  United  States,  made  the  following  report: 

That  the  16th  clause  of  the  8th  section  of  the  constitution,  declares  that  Congress  shall  have  power  "  to  exercise 
•^  exclusive  legislation,  in  all  cases  whatsoever,  over  such  district  of  country,  not  excelling  ten  miles  scjuaie.as  may. 
"  by  cession  of  particular  States,  and  the  acceptance  of  Congress,  become  the  Seat  of  the  Ciovernment  of  the  United 
"  States."  No  doubt  can  be  entertained,  but  that  this  general  grant  of  legislative  powers,  mu:  t  include  the  right  ol 
imposing  taxes,  which  is  among  the  most  common  and  ordinary  objects  of  legislation.  Nor  is  it  believed  that  the 
exercise  of  this  power,  so  far  as  it  respects  the  District  of  ('olumbia,  is  either  prohibited  or  limited  by  any  clause  of 
the  constitution.  The  3d  clause  of  the  id  section  of  the  constitution,  whicii  lieclares  "  that  representatives  and  direct 
taxes  shall  be  apportioned  among  the  several  States,  which  may  be  included  within  this  Union,  according  to  theii- 
respective  numbers,  whicli  shall  be  determinded  by  adding  to  the  whole  number  of  I'ree  persons,  including  tho.-e 
bound  to  service  for  a  term  (sf  years,  and  excluding  Indians  not  taxed,  three-filths  of  all  other  persons,  isconsidercd 
as  applying  exclusively  to  the  States,  and  was  evidently  designed,  so  far  as  resnects  the  imposition  of  taxes  a>  a 
substitute  for  the  rule  ofapportionmeul  tixed  by  the  8th  article  of  the  old  confederation,  umler  which  each  State 
contributed  for  the  common  deieiice  and  general  welfare,  according  to  the  value  of  its  lands,  buildings,  and  improve 
ments,  instea<l  of  the  amount  of  its  population.  The  right  to  tax  the  other  territories  of  the  United  States,  appears 
equally  clear.  The  4th  article  of  compact  between  the  United  States  and  the  territories,  declares  "  the  said  terri- 
tory and  the  States  ^vhich  may  be  formed  therein,  shall  forever  remain  a  part  of  tiiis  conlederacy  of  the  United 
States  of  America,  subject  to  the  articles  of  confederation,  and  to  such  alterations  therein  as  may  be  coustitu- 
tionally  made,  and  to  all  the  acts  and  ordinances  ol'  the  I'nited  States  in  Congress  assembled,  conformable  (hereto. 
The  inhabitants  and  settlers  in  the  said  teritory,  shall  be  subject  to  pay  a  part  of  the  federal  debt,  contracted  or  to  be 
contracted,  a  proportional  part  of  the  expenses  of  Government,  to  be  apportioned  on  them  by  Congress  according  to 
the  same  common  rule  and  measure  by  whicli  apportionments  thereof  shall  be  made  on  the  other  States." 

On  the  other  point  referred  to  the  committee,  vi/,:  the  policy  of  imposing  a  direct  tax.  they  have  bestowed  all  th« 
attention  which  its  importance  merits,  from  involving  the  i)rincipies  of  representation  and  taxation.  It  cannot  i)e  de- 
nied, that  the  imposition  of  taxes,  by  persons  who  owe  complete  responsibility  to  the  People,  is  one  of  the  best 
securities  against  t!ie  abuse  of  power.  By  the  constitution  of  the  Lnited  States,  this  principle  of  representative 
responsibility  was  violated,  so  iar  as  respects  the  District  of  Columbia,  and  the  rights  and  interests  ot  the  people 
transferred  "to  persons  over  whose  election  the  inhabitants  have  no  control.  The  only  question  is,  whether  their 
being  placed  in  a  peculiar  situation  by  the  constitution,  Ought  to  operate  as  a  permament  exemption  from  taxes. 


890 


FINANCE.  [1815. 


It  is  not  believed  that  the  right  to  tax,  exercised  by  persons  who  owe  no  responsibility  to  those  on  whom  their  laws 
must  operate,  is  in  principle  more  exceptionable,  than  the  exercise  of  powers  which  affect  the  personal  riehts,  and 
even  the  life  of  the  citizen.  On  these  important  questions,  however,  the  Congress  of  the  United  States  must  legislate. 
No  other  power  can,  within  the  District  of  Columbia,  prej^cribe  the  regulations  necessary  to  protect  the  innocent 
and  punis^h  the  guilty.  In  a  free  country,  every  portion  of  the  community  ought  to  contribute  to  tlie  common  defence 
and  "eneral  weUare;  nor  is  it  believed  that  tiie  framers  of  the  constitution  intended  to  violate  this  principle,  by 
exenTpting  from  taxes  a  district  of  country  whose  natural  advantages  are  surpassed  by  no  portion  of  the  United 
States,  and  which  derives  peculiar  benefits  from  the  disbursement  annually  of  large  sums  drawn  from  other  portions 

The  situation  of  the  other  territories  is  materially  different:  at  a  distance  from  market,  with  a  large  portion  of  un- 
improved and  unproductive  land,  they  are  still  struggling  with  all  the  inconveniences  attendant  on  infant  settle- 
ments, surrounded  by  powerful  tribes  of  hostile  savages.  While,  therefore,  no  doubt  can  be  entertained  as  to  the 
constitutional  right  to  impose  a  direct  tax  on  territories,  the  committee  deem  it  at  present  inexpedient,  and  submit 
a  bill  for  imposing  a  direct  tax  on  the  District  of  Columbia. 


;3th  Congress.]  No.  440.  [3d  Session. 


UNEQUAL    OPERATION    OF    THE  ACT    IMPOSING    A   DIRECT  TAX. 

COMMUMCATED  TO  THE  HOUSE  OF   REPRESENTATI\T,S,  JANUARY  23,    1815. 

Mr.  Eppes,  from  the  Committee  of  Ways  and  Means,  to  whom  was  referred  the  petition  of  sundry  inhabitants  of 
the  counties  of  Hickman  and  Dickson,  in  the  State  of  Tennessee,  made  the  following  report: 

That  the  petitioners  pray  to  be  relieved  from  the  unequal  operation  of  the  act  impcising  a  direct  tax.     The 

section  of  that  act,  authorized  the  several  State  legislatures  to  vary  the  sums  imposed  on  the  respective  counties. 
The  legislature  of  the  State  of  Tennessee  passed  an  act,  requiring  the  assessors  of  tlie  United  States,  after  the  valu- 
ations were  completed,  to  equalize  and  apportion  the  tax  on  the  several  counties.  The  Congress  of  the  United 
States  passed  a  law  declaring  its  assent  to  the  act  of  the  State  of  Tennessee,  with  a  proviso,  declaring,  "  that  in  case 
the  assessors  should,  from  any  circumstance,  fiil  to  make  tlie  equalization  and  apportionment  required  by  the  act 
of  the  State  of  Tennessee,  that  then,  and  in  that  case,  the  tax  should  be  levied  and  collected  in  the  form  prescribed 
by  the  law  of  the  United  States,  imposing  a  direct  tax.'"  It  appears  that  some  of  the  assessors  performed  the  duties 
required  by  the  act  of  the  State  of  Tennessee;  the  assessor  irom  the  county  of  Murry,  refused  to  discharge  the  du- 
ties required  by  the  act;  in  consequence  of  which  the  counties  of  Hickman  and  Dickson  were  deprived  of  the 
advantages  derived  from  the  equalization  and  apportionment,  and  the  tax  was  levied  and  collected  in  con- 
formity with  the  provisions  of  the  law  of  the  United  States,  declaring  the  assent  of  Congress  to  the  act 
of  the  State  of  Tennessee.  The  petitioners  state,  that  the  refusal  of  the  assessor  to  act,  has  subjected  the 
county  of  Hickman  to  a  tax  of  fifty-four  cents  in  the  hundred  dollars,  and  the  county  of  Dickson  to  a  tax 
of  forty  cents,  while  the  county  of  Murry,  tlie  place  of  residence  of  the  assessor,  is  subjected  to  a  tax  of 
only  nineteen  cents  in  the  hundred  dollars.  The  petitioners  pray,  either  that  the  equalization  may  be  now 
made,  or  that  the  counties  of  Hickman  and  Dickson  may  be  allowed  a  credit  for  the  sum  with  which,  from 
the  conduct  of  the  assessor,  they  were  made  chargeable.  It  cannot  be  doubted  but  that  the  conduct  of  the 
assessor  produced,  as  stated  by  the  petitioners,  inequality  in  the  operation  of  the  tax  on  the  counties  of  Hickman 
and  Dickson.  As,  however,  the  State  of  Tennessee  alone  had  the  benefit  of  a  partial  equalization  by  the  assessors, 
all  the  counties  in  all  the  States  might,  with  equal  justice,  claim  an  examination  of  the  principles  on  which  their 
respective  portions  of  the  State  quota  have  been  fixed.  By  the  direct  tax  bill  recently  passed,  provision  is  made  for 
an  equalization  of  the  tax:  this  will  afford  ample  relief  for  the  counties  of  Hickman  and  Dickson,  against  the  future 
operation  of  the  inequality  complained  of.  The  tax  having  been  paid  in  many  of  the  States,  and  the  collection 
having  progressed  in  all,  the  committee  consider,  that  it  would  be  inexpedient  to  recommend  any  measure  which 
might  bring  into  question  the  principles  on  which  the  tax  was  originally  imposed.  The  following  resolution  is, 
therefore,  submitted: 

Resolved,  That  the  prayer  of  the  petitioners  ought  not  to  be  granted. 


13th  Congress.]  Nq.  441.  [3d  Sessiox. 


DUTYONSTILLS. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  JANUARY  23,   1815. 

Mr.  Eppes,  made  the  following  report: 

The  Committee  of  Ways  and  Means,  to  whom  was  referred  the  petition  of  sundry  proprietors  of  copper  stills  in  (he 
State  of  Connecticut,  submit,  as  a  part  of  their  report,  a  letter  from  the  Commissioner  of  the  Revenue.  On  a  view  of 
the  facts  contained  in  the  letter,  the  committee  unite  in  opinion  with  the  Commissioner  of  the  Revenue,  that  the  duty 
recently  imposed  on  the  gallon  of  spirits  distilled  will  tend,  in  some  degree,  to  remedy  the  inequality  complained  of, 
and  that  it  is  inexpedient,  at  present,  to  vary  the  proportion  between  the  duty  on  stills  and  boilers. 


Treasury  Department,  Revenue  Office,  November  25,  1814. 
Sir: 

I  have  the  honor  to  acknowledge  the  receipt  of  your  favor  of  the  23d  instant,  enclosing  a  petition  from 
sundry  inhabitants  of  the  State  of  Connecticut,  representing  the  unequal  operation  of  the  existing  duty  on  stills  and 
boilers. 

The  information  in  my  possession  does  not  enable  me  to  form  a  decided  opinion  whether  the  present  duty  on  stills 
is  greater  than  it  should  be,  compared  with  that  on  boilers.  Several  letters  have  been  received,  all  of  which  state 
the  advantages  which  the  distiller  will  derive  from  recent  improvements  in  the  construction  of  boilers,  and  generally 


1815.]  BANK    OF   THE   UNITED   STATES.  39I 


reconiineiitliiig  an  iticreaswl  chity  on  them:  out  ii  dtii-s  not  salisractoiily  appoar  lliat  tlio>,e  advaiilascs  arc  pccu  • 
har  to  boilers,  and  that  equal  adyanlages  do  not  adaeli  to  some  stills  over  others,  owiii;;  to  lat.MMiprovenients  in  their 
construction.  SueJi  is  undouhledly  tlie  variety  111  the  lornis  and  modes  of  operation  of  die  several  de-eriptions  of  ves- 
sels used  111  the  I  uited  Slates  lor  the  puijwses  of  disliilatioii.  in  their  produi  live  powers,  and  in  the  expense  willt 
which  they  are  worked,  that  the  existiiis  duly  is  relatively  lii^lit  011  some,  compared  with  other  stills,and  on  some 
compared  with  other  boilers,  as  well  as  on  some  boilers  rom|)ared  with  some  stills.  Thisetlert.  it  will  be  perceived  is 
altogether  independent  o(  the  duty,  and  is  incident  to  the  superior  iiiprovements  oCthe  one  kind  of  vessel  over  the 
other.  1  he  boilers,  it  is  to  be  ridded,  being  ot  recent  introduction,  po-sess,  so  far  as  applicable  to  them,  all  the  im- 
provemenls  made  in  stills. 

From  an  inspection  of  the  whole  number  onicenses  ascertained  to  have  been  granted  in  all  the  collection  districts 
(luring  the  two  hist  (luarters  oi  the  present  year,  and  in  seventy  districts  lor  the  third  (piarter,  it  appears  that  there 
have  been  granted  18,8 IG  licenses  lor  stills,  and  51J  for  boilers;  of  which  number  there  have  been  srauled  in  the 
State  ol  Connecticut,  125  lor  stills,  and  20  for  boilers. 

It  is  certainly  desirable  that  a  jusi  equality  should  characterise  the  duty  on  stills  and  boilers.  A  just  eiiiialitv 
cannot,  however,  require  the  imposition  of  such  ;i  duly  as  would  tend  in  any  way  to  disturb  the  relative  beiielil>  at- 
tendant on  diHereiit  descriptions  of  vessels  which  would  be  used  independeiil  of  the  existenceof  the  duty,  much  less 
to  deprive  ingenuity  oi  the  stimulus  to  improvement  which  it  reasonably  Hnds  in  the  [nolit  that  flows  from  such  im- 
provement. 

Upon  the  whole,  as  the  contemplated  duty  on  the  gallon  of  spirits  disUUed  within  the  I'niled  State;;  will,  in  some 
degree,  overcome  any  inequality  in  the  ])resent  duty,  and  as  more  experience  of  the  operation  of  the  present  duty  is 
required  to  ascertain  the  nature  and  extent  of  any  existing  inequalities,  1  am  of  the  opinion  that  it  would  be  inex- 
pedient at  this  time  to  vary  the  proportion  between  the  duty  011  stills  and  boilers. 

I  am,  with  great  respeC,  your  obedient  servant, 

S.  H.  SMITH,  Coniinhsioncr  of  the  Receiiu". 


Hon.  J  )HN  W.  Eppes,  Chuiruum  of  ihe  Coimaitlce  of  JVaya  and  Mean 


13th  Congress.]  fSjo.    442.  [3d  S 


ESblOK. 


BANK  OF  THE  UNITED  STATES. 

COMMUNICATED  TO  THE  SENATE,    JANUARY    30,     1815. 


Having  bestowed  on  the  bill,  entitled  "•  An  act  to  incorporate  the  subscribers  to  the  Bank  of  the  I'nited  States 
:'  America."  that  full  consideration  which  is  due  to  the  great  importance  of  the  subject,  and  dictated  by  the  respect 
hich  I  feel  for  the  two  Houses  of  Congress,  I  am  constrained  by  a  deep  and  solemn  conviction  that  the  bill  ought  not 
I  become  a  law,  to  return  it  to  the  Senate,  in  which  it  oiignated,  with  my  objections  to  tiie  same. 

W^^livin^r  \\\t^   nilp^twm   ii\   flip  p^in^tiln  1  imml   nil  tliiii-stir  i\\   flid   !i>cfic!  nf  ii  ra   fik  jis^l'iKli^Ii   nti   in/'/ifrmfif /j<^i   l.-.iiL-     <il_'  K^I..^ 


To  the  Senate  of  the  United  Stales: 

Having  bestowed  on  the  bill,  entitled  "•  An  act  to  incorporate  the  subscribers  to  the  liaiik  of  the  I'liited   States 

oi  An "^      '"''    ■■  ^"  "    "       — " '  '  ,   ,       .      ,. 

which 

to  bee ,  -.  ..._ „ „ .„,  J  „.,j^ ...^ ^. 

Waiving  the  question  of  the  constitutional  authority  of  the  legislature  to  establish  an  incorporated  bank,  as  being 
precluded,  in  my  judginent,  by  repeated  recognitions,  under  varied  circumstances,  of  the  validity  of  such 'an  insti- 
tution, in  acts  of  the  legislative,  executive,  and  judicial  branches  of  the  Government,  accompanied  by  indications,  in 
ditFerent  modes,  of  a  concurrence  of  the  general  will  of  tlie  nation,  the  proposed  bank  does  not  appear  to  be  calcu- 
lated to  answer  the  purposes  of  reviving  the  public  credit,  of  providing  a  national  medium  of  circulation,  and  of 
aiding  the  treasury,  by  lacilitating  the  indispensable  anticipations  of  the  revenue,  and  by  artbrding  to  the  public 
more  durable  loans. 

1.  The  capital  o!'  the  bank  is  to  be  compounded  of  specie,  of  public  stock,  and  of  treasury  notes  convertible  into 
stock,  with  a  certain  proportion  of  each,  of  which  every  subscriber  is  to  furnish  himself. 

The  amount  of  the  stock  to  be  subcribed,  \\\\\  not.  it  is  believed,  be  sufficient  to  produce,  in  I'avor  of  the  public 
credit,  any  consitlerable  or  lasting  elevation  of  the  market  price,  whilst  tiiis  may  be  occasionally  depressed  by  the 
bank  itself,  if  it  should  carry  into  the  market  the  allowed  pro[)ortioii  of  its  ca;>iial,  ciiiisisting  of  public  st;;ck,  in  order 
to  procure  specie,  which  it  may  find  its  account  in  procuring,  with  some  sacriiice  on  that  part  of  its  capital. 

Nor  \vill  any  adequate  advantage  arise  to  the  i>ublic  credit  Irom  tlie  ;  uhscrijitioii  of  tretisury  notes.  The  ac- 
tual issue  of  these  notes  nearly  equals,  at  i)i'eseiit,  tind  will  soon  exceed,  the  amount  to  be  subscribed  to  the 
bank.  The  direct  efiect  of  this  operation  is  simply  to  convert  fifteen  iiiillioiis  of  treasury  notes  into  fifteen  mil- 
lions of  six  per  cent,  stock,  with  the  collateral  effect  of  promoting  an  additional  deinaiul  for  treasury  notes  beyond 
what  might  otherwise  be  negotiable. 

Public  creilit  might,  indeed,  be  expected  to  deriw  advantage  from  the  establishment  of  a  national  bank,  w  ithout 
regard  to  the  formation  of  its  capital,  if  the  full  aid  tiiul  co-operation  of  the  institutiim  were  secured  to  the  Govern- 
ment during  tlie  war,  and  during  the  period  oi  its  fiscal  embarrassments.  But.  the  bank  proposed  will  be  i'ree  from  all 
legal  obligation  to  co-operate  with  the  public  measures:  and,  whatever  might  be  the  patriotic  disposition  of  its  direc- 
tors, to  contribute  to  the  removal  of  those  embarrassments,  and  to  invigorate  the  prosecution  of  the  war.  fidelity  to  the 
pecuniary  general  interest  of  the  institution,  according  to  their  estimate  of  it,  might  oblige  them  to  decline  a  con- 
nexion of  their  operations  with  those  of  the  national  treasury,  during  the  continuance  of  the  war,  and  the  dfficul- 
tics  inicident  toit.  Temporary  sacrifices  of  interest,  though  overbalanced  by  tlie  future  ;ind  permanent  profits  of  tlie 
charter,  not  being  requirable  of  right  in  behalf  of  the  public,  might  not  be  gratuitously  made:  and  the  bank  Mould 
reap  the  full  benefit  of  the  grant  whilst  the  public  would  lose  the  equivalent  expecteil  from  it.  For  it  must  be  kept  in 
view,  that  the  sole  inducement  to  such  a  grant,  on  the  part  of  the  public,  w  (iukl  be  the  prospect  of  substantial  aids  to 
its  pecuniary  means,  at  the  present  crisis,  and  during  the  sequel  of  the  war.  It  is  evident  that  the  stock  of  the  bank 
will,  on  the  return  of  peace,  if  not  sooner,  rise  in  the  market  to  a  value,  which,  if  the  bank  were  established  in  a  period 
of  peace,  would  authorize,  and  obtain  fiir  the  public,  a  bonus  to  a  very  large  amount.  In  lieu  of  such  a  bonus,  the 
Govermnent  is  fairly  entitled  to,  and  ought  not  to  relinquish  or  risk,  the  needful  services  of  the  bank,  under  the 
pressing  circumstances  of  war. 

•2.  The  bank,  as  proposed  to  be  constituted,  cannot  be  relied  on,  during  the  war,  to  provide  a  circulating  medium, 
nor  to  i'urnish  loans,  or  anticipations  of  the  public  revenue. 

Without  a  medium,  the  taxes  cannot  be  collected,  and,  in  the  absence  of  specie,  the  medium  understood  to  be  the 
best  substitute,  is  that  of  notes  issued  by  a  national  bank.  The  proposed  bank  will  commence  and  conduct  its  opera- 
tions, under  an  obligation  to  pay  its  notes  in  specie,  or  be  subject  to  the  loss  of  its  charter.  Without  such  an  obligation, 
the  notes  of  the  bank,  though  "not  exchangeable  fiir  specie,  yet  resting  on  good  pledges,  and  performing  the  uses  of 
specie,  in  the  payment  of  taxes,  and  in  other  public  transactions,  would,  as  exjierience  has  assertained,  qualify  the 
bank  to  supply  at  once  a  circulating  medium,  and  pecunary  aids  to  the  Government.  Under  the  fetterSiimposed  by  the 
bill,  it  is  manifest,  that,  during  the  actual  state  of  tl.iiigs,  and  probably  during  the  war,  the  period  particularly 
requiring  such  a  medium,  and  such  a  resource  for  loans  and  advances  to  the  Government,  notes,  tor  which  the  bank 


392  FINANCE.  [1815. 


would  be  compellable  to  give  specie  in  exchange,  could  not  be  kept  in  circulation.  The  most  the  bank  could  effect, 
and  (he  most  it  could  be  expected  to  aim  at,  would  be  to  keep  the  institution  alive,  by  limited  and  local  transactions, 
which  with  the  interest  on  the  public  stock  in  the  bank,  might  yield  a  dividend  sufficient  for  the  purpose,  until  a 
chan<^e  from  war  to  peace  should  enable  it,  by  a  flow  of  specie  into  its  vaults,  and  a  removal  of  the  external  demand 
for  it,  to  derive  its  contemplateil  emoluments  from  a  safe  and  full  extension  ol  its  operations. 

Oil  the  whole,  when  it  is  considered  that  the  proposed  establishment,  will  enjoy  a  monopoly  of  the  profits  of  a 
national  bank,  for  a  period  of  twenty  years;  that  the  monopolized  profits  will  be  continually  growing,  with  the  pro- 
cess of  the  national  population  and  wealth;  that  the  nation  will,  during  the  !<ame  period,  be  dependent  on  the  notes 
of  the  bank  for  that  species  of  circulating  medium,  whenever  the  precious  metals  may  be  wanted,  and  at  all  times 
for  so  much  thereof  as  may  be  an  eligible  substitute  for  a  specie  medium;  and  that  the  extensive  employment  of 
(lie  notes  in  collection  of  the  augmeiitetl  taxes  will,  moreover,  enable  the  bank  greatly  to  extend  its  profitable  issues 
of  them,  without  the  expense  of  specie  capital  to  support  their  circulation;  it  is  as  reasonable,  as  it  is  requisite,  that 
the  Government,  in  return  for  these  extraordinary  concessions  to  the  bank,  should  have  a  greater  security  for  attain- 
ing the  public  objects  of  the  institution,  than  is  presented  in  the  bill,  and  particularly  for  every  practicable  accomoda- 
tion, both  in  the  temporary  advances  necessary  to  anticipate  taxes,  and  in  those  more  durable  loans  which  are  equally 
necessary  to  diminish  the  resort  to  taxes. 

In  discharging  this  painful  duty  of  stating  objections  to  a  measure,  which  has  undergone  the  deliberations,  and 
received  the  sanction  of  the  two  Houses  of  the  national  Legislature,  I  c(msole  myself  with  the  reflection,  that,  if 
they  have  not  the  weight  which  I  attach  to  them,  they  can  be  constitutionally  overruled;  and,  with  a  confidence 
ihat,  in  a  contrary  event,  the  wisdom  of  Congress  will  hasten  to  substitute  a  more  commensurate  and  certain  provi- 
sion for  the  public  exigencies. 

JAMES  MADISON. 

Washington,  January  30,  1815. 

AN  ACT  TO  INCORPORATE  THE   SUBSCRIBERS   TO   THE   BANK   OF   THE   UNITED   STATES   OF   AMERICA. 

Be  it  enacted  by  the  Senate  and  House  of  Representatives  of  the  United  Stales  of  Jim  erica  in  Congress  assem- 
bled.  That  a  Bank  of  the  United  States  of  America  shall  be  established,  the  capital  stock  of  which  shall  be  thirty 
millions  of  dollars,  divided  into  three  hundred  tiiousand  shares,  of  one  hundred  ilollars  eacli  share;  and  that  sub- 
scriptions for  thirty  millions  of  dollars,  towards  constituting  the  said  capital  stock,  shall  be  opeiied,  on  the  last 
Monday  of  February  next,  at  the  following  places,  viz:  at  Portland,  in  Maine,  Portsmouth,  in  New  Hampshire, 
Windsor,  in  Vermont.  ]5oston.  Providence,  New  Haven,  New  York,  Nev/  lirunswick,  in  New  Jersey,  Philadel- 
phia, Baltimore,  the  city  of  Washington,  Richmond,  Raleigh,  Charleston,  Savannah,  Lexington,  in  Kentucky, 
Nashville,  in  Tennessee,  Chillicothe,  in  Ohio,  and  New  Orleans,  under  the  superintendence  of  the  following  per- 
sons, as  commissioners  to  receive  the  same:  ;it  Portland,  Matthew  Cob,  Isaac  Isley,  Joshua  Wingate,  junior;  at 
Portsmouth,  John  Goddard,  Nathaniel  A.  Haven,  Henry  S.  Langdon;  at  Windsor,  Elias  Lyman,  William  Leve- 
ret. EleazerMay;  at  Boston,  Israel  Thorndike,  Thomas  H.  Perkins,  William  Gray,  Aaron  Hill,  Samuel  Brown; 
at  Providence,  Seth  Wheaton,  F.beiiezer  K.  Dexter,  Henry  Siiiitii;  at  New  Haven,  Abraham  Bishop,  William  W. 
Woolsey.  Henry  Jones;  at  New  York,  Robert  Troup.  William  Paulding,  junior,  Robert  Lenox,  John  Jacob  Astor, 
Samuel  Tooker,  Isaac  Bronson,  Henry  A.  Coster;  at  New  Brunswick,  James  Vanderpool,  John  Bray,  Peter  Gor- 
don; at  Philadelphia,  Jared  Ingersoll,  Thomas  M.  Willing,  Stephen  Girard.  Chandler  Price,  Anthony  Taylor, 
John  Sergeant,  Cadwallader  Evans;  at  Baltimore.  James  A.  Buclianan,  Henry  Paysoii,  "VMlliani  Wilson;  at  the 
city  of  Washington,  John  Mason,  Robert  Brent,  John  P.  Van  Ness;  at  Riciimond,  Benjamin  Hatcher,  John  Brock- 
eiiborough,  John  Preston;  at  Raleigh,  Sherwood  Haywood,  Beverly  Daniel,  William  Peace;  at  Charleston,  John  C. 
Faber,  Thomas  Jones,  Stephen  Elliot,  Charles  B.  Cochran,  Thomas  Blackwood;  at  Savannah,  John  Bolton,  Charles 
Harris,  James  Johnson;  at  Lexington,  in  Kentucky.  (Charles  Wilkins,  Lewis  Sandei's,  John  H.Morton;  at  Nasii- 
ville,  Robert  Weakly,  Felix  Grundy,  John  R.  Bedford;  at  Chillicothe,  Samuel  Finley,  Thomas  James,  William 
M'Farland;  at  New  Orleans,  Dominick  A.  Hall,  Benjamin  Morgan.  Paul  Laiuise,  Thomas  L.  Harman,  and  Wil- 
liam Flood:  which  subscriptions  shall  continue  open  every  day,  Irom  the  time  olOpening  the  same,  from  ten  o'clock 
in  the  forenoon,  until  four  o'clock  in  tlie  afternoon,  until  the  Saturday  following,  at  four  o'clock  in  the  afternoon, 
Avhen  the  same  shall  be  closed;  and  immediately  thereafter,  the  commissioners,  or  any  two  of  them,  at  the  respect- 
ive places  aforesaid,  shall  cause  two  transcripts  oi-  fliir  copies  of  such  subscriptions  to  he  made,  one  of  which  they 
>iiall  send  to  the  Secretary  of  the  Treasury,  one  they  shall  retain,  and  the  original  siiall,  within  three  days  from  the 
closing  of  the  same,  be  by  the  said  commissioners  transmitted  to  the  said  commissioners  at  Philadelphia,  or  to  one 
of  them;  and  on  the  receipt  thereof,  the  said  commissioners  at  Philadelphia,  or  any  three  of  them,  shall  immediately 
thereafter  convene  and  proceed  to  take  an  account  of  the  said  subscriptions;  and  it  more  than  the  amount  of  thirty 
millions  of  dollars  shall  have  been  subscribed,  then  the  said  last  mentioned  cimimissicmers  shall  appoition  the  same 
iunong  the  several  subscribers,  according  to  their  several  and  respective  subscriptions:  Provided,  however.  That 
such  commissioners  shall,  by  such  apportionment,  allow  and  apportion  to  each  subscriber  at  least  one  siiare;  and,  in 
case  the  aggregate  .amount  of  the  said  subscriptions  shall  exceed  thirty  millions  of  dollars,  the  said  commissioners, 
after  having  apportioned  the  same  as  aforesaid,  shall  cause  lists  of  the  said  apportioned  subscriptions  to  be  ir.ade  out, 
inclu!iing  in  each  list  the  apportioned  subscription  for  the  place  where  the  original  subscription  was  made,  one  of 
which  lists  shall  be  transmitted  to  tiie  commissioners,  or  to  one  of  the  commissioners,  under  whose  superintendence 
!-uch  subscriptions  were  originally  made,  that  the  subscribers  may  ascertain  from  Ihein  the  number  of  shares  ap- 
[>ortoined  to  such  subscribers,  respectively;  and,  if  the  amount  ol  thirty  millions  of  dollars  shall  not  be  subscribed 
during  the  period  aforesaid,  at  all  the  places  aforesaid,  the  subscription  to  ccmiplete  the  said  sum  shall  afterwards  be 
and  remain  open  at  Philadelphia,  under  the  superintendence  of  the  said  commissioners  appointed  at  that  place  and 
■he  subscription  may  be  then  made  by  any  corporation,  copartnership,  or  person,  ibr  any  number  of  shares  not  ex- 
ceeding the  amount  required  to  complete  the  said  sum  of  tiiiity  millions  of  dollars.  And,  in  case  of  the  death,  or 
refusal  to  serve,  of  any  of  the  commissioners  ati:)resaid,  it  shall  be  lawful  for  the  President  of  the  United  States  to 
supply  the  vacancy  or  vacancies  thus  created,  by  appointing  some  suitable  person  or  persons. 

Skc.  2.  And  be  it  further  enacted.  That  it  shall  be  lawful  for  any  person,  copartnership,  or  body  politic,  to  sub- 
scribe for  so  many  shares  of  the  said  capital  stock  of  the  said  bank,  as  he,  she,  or  they,  shall  think  fit,  not  exceed- 
ing three  thousand  shares,  except  as  is  hereinaiter  provided  for  the  subscription  on  behalf  of  the  United  States,  and 
the  sums  respectively  subscribed,  except  on  behall  of  the  United  States,  as  is  hereinafter  provided,  shall  be  payable 
in  the  inanner  following;  that  is  to  say:  five  millions  ot  dollars  thereof  in  gold  or  silver  coin  of  the  United  States, 
or  of  foreign  coin  at  the  value  heretofore  established  by  the  act  of  Congress,  entitled  *'  An  act  regulating  the  cur- 
rency of  foreign  coins,'' passed  the  tenth  day  of  April,  one  thousand  eight  hunflred  and  six;  ten  millions  of  dol- 
lars thereof  in  gold  or  silver  coin,  as  aforesaid,  or  in  the  public  debt  of  the  United  States,  contracted  by  virtue  of 
the  act  oi  Congress,  entitled  "  x\n  act  authorizing  the  loan  for  a  sum  not  exceeding  eleven  millions  of  dollars," 
passed  the  iourteenth  day  ot  March,  one  tiiousand  eight  hundred  and  twelve,  or  contracted,  or  to  be  contracted,  by 
virtue  of  any  subsequent  act  and  acts  of  Congress  heretofore  passed,  authorizing  a  loan  or  loans;  and  fitteen  millions 
()r(ioliars  lliereot  in  gold  or  silver  coin,  or  in  treasury  notes,  issued  under  the  act  of  Congress,  entitled  "  An  act  to 
authorize  the  issuing  ot  treasury  notes,"  passed  the  thirtieth  day  of  June,  one  thousand  eight  hundred  and  twelve, 
or  issued,  or  to  be  issued,  under  the  authority  of  any  subsequent  act  or  acts  of  congress,  authorizing,  or  which  shall 
authorize,  treasury  note>  to  be  issi.ed,  previously  to  the  final  closing  of  the  subscriptions  to  the  said^bank.  And  the 
said  payment  shall  be  made  and  completed  in  the  sums  and  at  the  times  hereinaiter  declared,  that  is  to  say:  at  the 
time  ot  subscribuig  there  shall  be  paid  six  dollars  and  sixty-six  cents  and  two-thirds  ofa  cent  on  each  share,  in  gold 
or  silver  coin;  twenty  dollars  in  (he  treasury  notes  aforesaid;  and  thirteen  dollars  thirty-three  cents  and  one-tliird 
ot  a  cent  in  the  public  debt  ol  the  United  States,  contracted,  or  to  be  contracted,  as  atoresaid:  at  the  expiration  of 
four  calendar  months  after  the  time  of  subscribing  there  shall  be  paid  the  further  sum  of  three  dollars  thirty-three 


1815.]  BANK  OF  THE  UNITEii  STATES.  893 


cents  and  one-third  of  a  cent  on  each  shaie,  in  gold  or  silver  coin;  ten  dollars  in  the  treasury  notes  aforesaid;  and 
SIX  dollars  sixty-six  cents  and  two-thirds  iila  cent  in  the  public  debt  of  the  Ilnit^'d  States,  contracted  or  to  be  con 
tracted  as  aforesaid:  at  tlie  expiration  of  six  calendar  months  from  tiie  time  of  subscribirii;,  there  shill  be  paid  the  fur- 
ther sum  ot  three  dollars  thirty-three  cents  atul  one-third  of  a  cent  on  each  share,  in  gold  or  silver  coin;  ten  d.illars 
m  the  treasury  notes  aforesaid;  aiul  six  dollars  sixty  six  cents  and  two-thirds  of  a  cent  in  the  public  debt  of  the 
United  States,  contracted,  or  to  be  contracted,  as  aforesaid:  at  the  exi)iration  of  eight  calendar  months  from  the  time 
ot  subscribing,  there  shall  be  paid  the  further  sum  of  three  dollars  thirty-three  cenis  ami  one-third  of  a  cent,  in  gald 
or  silver  coin;  ten  dollars  in  the  treasury  notes  aforesaid;  and  six  dollars  sixty-six  cents  and  two-thirds  of  a  cent  in 
the  public  debt  of  the  United  ^itates,  contracted,  or  to  be  contracted,  as  aforesaid.  And  the  subscriptions  in  public 
stock,  and  treasury  notes,  as  aforesaid,  shall  be  taken  and  credited  for  the  principal  and  so  much  of  tiie  interest 
thereof,  respectively,  as  shall  have  accrued  on  the  day  of  subscribing  the  same.  And,  at  the  '.inif  of  subscribing  to 
the  capital  stock  ot  the  said  bank,  as  aforesaid,  each  and  every  subsciiber  shall  deliver  to  the  commissiuners  at  the 
place  of  subscribing,  as  well  the  specie  amount  of  their  subscriptions,  respectively,  as  the  certificates  of  stock  for  the 
stock  proportion  ot  their  subscriptions,  respectively,  together  with  a  power  of  attorney  authori'/.ing  the  said  commis- 
sioners, or  a  majority  of  them,  to  transfer  tlie  said  stock,  in  due  form  of  law,  to  "  The  President,  Directors.  ;ind 
Company,  of  the  said  Bank  of  the  United  States  of  Antcrica,"  as  soon  as  the  said  bank  shall  be  organized;  and,  also, 
treasury  notes  tor  the  proportion  of  the  subscriptions,  respectively,  payable  in  treasury  notes  as  aforesaid:  Pro- 
vided, always,  That  if,  in  consequence  of  the  apportionment  of  shares  in  the  said  l),uik  among  the  sub!:crib2rs,in  the 
case  and  in  the  manner  hereinb>-fore  prescribed,  any  subscriber  shall  h:'.ve  delivered  to  the  commissioners,  at  the 
time  of  subscribing,  a  greateramount  of  specie,  stock,  and  treasury  notes,  than  shall  be  necessary  to  complete  the 
payments  lor  the  share  or  shares  to  such  subscriber,  apportioned  as' aforesaid,  the  commissioners  shall  only  retain 
so  much  of  the  said  money,  stock,  and  treasury  notes,  as  shall  be  necessary  to  complete  such  payment-:,  and  sliall 
forthwith  return,  on  application  for  the  same,  the  surplus  thereof  to  the  subscriber  lawfully  entitled  thereto.  And 
the  commissioners  respectively  shall  deposite  the  gold  and  silver,  certificates  of  stock,  and  treasury  notes,  by  them 
respectively  received,  as  aforesaid,  Ironi  the  subscribers  to  the  said  bank,  iii  some  place  of  secure  and  sate  keepin", 
so  that  the  same  may  and  shall  be  specifically  delivered  and  transferred,  as  the  same  were  by  them  respectively  re- 
ceived, to  the  said  president,  directors,  and  company,  of  the  said  Bank  of  the  United  States  of  America,  oi-  to  their 
order,  as  soon  as  shall  be  required  at"ter  the  organization  of  the  said  bank. 

Sec.  3.  .^nd  be  it  further  enacted.  That  the  United  States  may,  at  any  time  before  the  expiration  of  this  act,  in 
pursuance  of  any  law  which  may  be  passed  by  Congress  for  that  p"urpose,  cause  to  be  subscribe<i,  for  the  use  of  the 
United  States,  to  said  bank,  fifty  thousand  additional  shares,  to  be  paid  in  public  stock,  bearing  an  interest  of  four 
per  cent,  per  annum,  redeemable  in  any  sums,  and  at  any  periods,  which  the  Government  may  deem  fit. 

Sec.  4.  Jlnd  be  it  further  enacted,  That  whenever  and  as  often  as  any  of  the  treasury  notes,  subscribed  as  afore- 
said, to  the  said  capital  stock  oi  the  said  bank,  shall  be  due  at.d  payable,  it  shall  be  lawful  for  the  Secretary  of  the 
Treasury  (and  he  is  hereby  authorized  and  required)  to  pay  and  redeem  the  same,  principal  and  interest,  by  caus- 
ing certificates  of  public  stock  lor  an  equal  amount,  bearing  an  interest  <.^i^  six  per  cent,  per  annum,  and  redeemable 
in  any  sums,  and  at  any  periods,  which  the  Government  may  deem  fit,  to  be  prepared  and  made  in  the  usual  form, 
and  the  same  to  be  delivered  to  the  president  and  directors  of  the  said  bank,  in  satisfaction  and  discharge  of  sucii 
treasury  notes. 

Sec.  5.  ,flndbe  it  further  enacted.  That  the  subscribers  to  the  said  liank  of  the  United  Slates  of  America,  their 
successors  and  assigns,  shall  be,  and  are  hereby  created,  a  corporation  and  b;)dy  politic,  by  the  name  and  style  of 
"  The  President,  Directors,  and  Company,  of  tlie  Bank  of  the  United  States  of  America,"  and  shall  so  continue 
until  the  third  day  of  March,  in  the  year  one  thousand  eight  hundred  and  thirty-five;  and  by  that  name  shall  be,  and 
are  hereby  made,  able  and  capable  in  law,  to  have,  purchase,  receive,  possess,  enjoy,  and  retain,  to  them  and  their 
successors,  lands,  rents,  tenements,  hereditaments,  goods,  chattels,  and  ctfects,  of  whatsoever  kind,  nature,  and 
quality,  to  an  amount  not  exceeding  in  the  whole  thirty  five  millions  of  dollars,  including  the  amount  of  the  capital 
stock  aforesaid;  and  the  same  to  sell,  grant,  demise,  alien,  or  dispose  of,  to  sue  and  be  sued,  plead,  and  be  im- 
pleaded, answer  and  be  anwered,  defenit  and  be  defended,  m  ail  courts  and  places  whatsoever;  and  also  to  make, 
nave,  and  use,  a  common  seal,  and  the  same  to  break,  alter,  and  renew,  at  their  pleasure;  and,  also,  to  ordain,  es- 
tablish, and  put  in  execution,  such  by-laws  anil  ordinances,  and  regulations,  as  they  shall  deem  necessary  and  con- 
venient, for  the  Government  ot  the  said  corporation,  not  being  contrary  to  the  constitution  and  laws  of  the  United 
States;  and  generally  to  do  and  execute  ail  and  singular  the  acts,  matters,  and  things,  wl.ich  to  tiiem  shall  or  may- 
appertain  to  do;  subject,  nevertheless,  to  the  rules,  regulations,  restrictions,  limitations,  and  provisions,  heieinaftt'r 
prescribed  and  declared. 

Sec.  0.  ^^nd  be  itfiirtlier  enacted,  That,  for  the  management  of  the  affairs  of  tlie  said  corporation,  there  shall  l)e 
twenty-five  directors,  ^vho  shall  be  elected  at  the  banking  house  in  Philadelphia,  on  the  first  Monday  of  January,  in 
each  year,  by  the  stockholders  or  proprietors  of  the  capital  stock  of  the  said  corpi>ration,  and  by  a  plurality  of  votes 
then  and  there  actually  given,  according  to  the  scale  of  voting  hereinafter  prescribed.  And  the  directors,  so  duly 
chosen,  t'lall  be  capable  of  serving  by  virtue  of  such  choice,  until  the  end  or  exnira'ion  of  tlie  first  Monday  in  Jan- 
uary next  ensuing  the  time  of  such  election,  and  no  longer:  Provided,  (divayn,  'i'hat  the  first  election  and  appoint- 
ment of  directors  shall  be  at  the  time,  and  for  the  period,  hereinaiter  d,'cl;irerl. 

Sec.  7.  And  be  it  further  enacted.  That,  as  soon  as  the  sum  of  twelve  millions  of  dollars  in  gold  and  silver  coin, 
and  in  the  public  debt  and  treasury  notes,  shall  have  been  actually  received  on  account  of  the  subscriptions  to  the 
said  capiial  stock,  (exclusively  of  the  subscription  aforesaid  on  the  part  of  the  United  States)  notice  thereof  shall  !>3 
given  by  the  persons  under  whose  superintendence  the  subscriptions  shall  have  been  made  at  Philadelphia,  in  at 
feast  two  public  newspapers,  printed  in  each  of  the  places  wheie  subscriptions  shall  have  been  made;  and  the  .said 
persons  shall,  at  the  same  time,  and  in  like  manner,  notify  a  time  and  place,  within  the  said  city  of  Philadelphia,  at 
the  distance  of  at  least  twenty  tiays  from  the  time  of  such  notification,  fsr  proceeding  to  the  election  of  directors  as 
aforesaid;  and  it  shall  be  lawful  for  such  election  to  be  then  and  there  made.  And  the  persons  who  sliall  be  then 
and  there  chosen,  as  aforesaid,  shall  be  the  first  directors,  and  shall  proceed  to  elect  one  of  their  number  president 
of  the  said  corporation,  and  they  shall  be  capable  of  serving,  by  virtue  of  such  choice,  until  the  end  and  expiration  of 
the  first  Monday  of  January  next  ensuing  the  time  of  making  the  same,  and  shall  fnthwith,  thereafter,  commence 
the  operations  of  the  said  bank,  at  the  said  city  of  Philadelphia:  Provided,  (dn-tnjs.  That  in  case  it  should  at  any 
time  liappen,  that  at  an  election  of  directors  and  president  of  the  said  corporation  should  not  be  made  upon  any 
day  when,  in  pursuance  of  this  act,  they  ought  to  be  made,  the  said  corporation  shall  not  for  that  cause  be  deemed 
to  be  dissolved;  but  it  shall  be  lawful  on  any  other  day  to  hold  and  make  an  election  of  directors  and  president  of 
tiie  said  corporation,  (as  the  case  may  be)  in  such  manner  as  shall  have  been  regulated  by  the  by-laws  and  ordinances 
of  the  said  corporatum;  and,  until  such  election  be  so  made,  the  directors  and  president,  for  the  time  being,  shall 
continue  in  office:  And  provided,  also.  That,  in  case  of  the  death,  resignation,  or  removal,  of  the  president  of  the 
said  corporation,  the  directors  shall  proceed  to  elect  another  president:  Ami  provided,  aho.  That  in  case  of  the 
death,  resignation,  or  absence  It  om  the  United  States,  or  removal  of  a  director  from  oflice,  the  vacancy  shall  be 
.supplied  by  the  stockholders. 

Sec.  8.   And  be  it  further  enacted.  That  the  directors,  for  the  time  l)eing,  shall  have  power  to  appoint  such 

officers,  clerks,  and  servants,  under  tiiem,  as  shall  be  necessary  for  executing  the  business  of  the  said  corporation, 

and  to  allow  them  such  compensaticni  for  their  services,  respectively,   as  shall  be  reasonable;  and^  shall  be  capable  of 

exercising  such  other  powers  and  authorities  for  the  well  governing  and  ordering  (if  the  affairs  of  the  said  corpoj-ation, 

'     as  shall  be  prescribed,  fixed,  and  determined,  by  the  laws,  regulations,  and  ordinances,  of  the  same. 

Sec.  9.  And  belt  further  enacted.  That  the"  following  rules,  restrictiims.   limitations,  and  provisions,  shall  foiin 
and  be  fundamental  articles  ot  the  constitution  of  the  said  corporation,  to  wit: 

1.  The  number  of  votes  to  whicli  the  stockholders  shall  be  entitled,  in  voting  for  directors,  shall  be  according  to 
the  number  of  shares  he,  she,  or  they,  respectively,  shall  hold,  in  the  proportions  follow  ing,   that  is  to  say:  for  one 
share,  and  not  more  than  two  shares,  one  vote;  for  every  two  shares  above  two.  and  not  exceeding  ten,  one  vole  ; 
113  tt 


394  FINANCE.  [1815. 


f;)r  every  four  shares  nbove  ten,  and  not  exceeding  thirty,  one  vote;  for  every  six  shares  above  thirty,  and  not 
exceeding  sixty,  one  vote;  for  every  eight  shares  above  sixty,  and  not  exceeding  one  hundred,  one  vote;  and  for  every 
ten  shares  above  one  hundred,  one  vote.  But  no  person,  copartnership,  or  body  politic,  shall  be  entitled  to  a 
gieater  number  than  thirty  votes;  and  alter  the  first  election,  no  share  or  shares  shall  confer  a  right  of  voting,  which 
shall  not  have  been  holden  three  calendar  months  previous  to  the  day  of  election.  Ami  stockholders  actually  resi- 
dent wilhin  the  United  States,  and  none  other,  may  vote  in  election  by  proxy. 

2.  Not  more  than  three-fourths  of  the  directors  in  office,  at  the  time  of  an  annual  election,  shall  be  elected  for 
(he  next  succeeding  year,  and  no  person  shall  be  a  director  more  than  three  out  of  four  years;  but  the  director  who 
shall  be  the  president  at  the  time  of  an  election,  may  always  be  re-elected. 

3.  None  but  a  resident  citizen  of  the  United  States,  and  holding  at  the  time  of  his  election  not  less  than  ten 
shares,  bona  tide  in  his  own  right,  shall  be  a  director;  and  if  any  director  shall  cease  to  be  a  stockholder  to  that 
amount,  he  siiall  cease  to  be  a  director. 

4.  No  director  sliall  be  entitled  to  any  emolument.  The  stockholders  may  make  such  compensation  to  the  presi- 
dent, for  his  extraordinary  attendance  at  the  bank,  as  shall  appear  to  them  reasonable. 

5.  Not  less  than  seven  directors  shall  constitute  a  board  for  the  transaction  of  business,  of  whom  the  president 
shall  always  be  one,  except  in  case  of  sickness  or  necessary  absence,  in  which  case  his  place  may  be  supplied  by  any 
other  director  whom  he,  by  writing,  under  his  hand,  shall  depute  for  the  purpose.  And  the  (lirector  so  deputed, 
may  do  and  transact  all  the  necessaiy  business  belonging  to  the  office  of  a  president  of  the  said  corporation,  during 
the  continuance  oftne  sickness  or  necessary  absence  of  the  president. 

6.  A  number  of  stockholders,  not  less  than  sixty,  who,  together,  shall  be  proprietors  of  one  thousand  shares  or 
upwards,  shall  have  power  at  any  time  to  call  a  general  meeting  of  the  stockholders,  for  purposes  relative  to  the 
institution,  giving  at  least  ten  weeks'  notice  in  two  public  newspapers  of  the  place  where  the  bank  is  seated,  and 
specifying  in  such  notice  the  object  or  objects  of  such  a  meeting. 

7.  Every  cashier  or  treasurer,  before  he  enteis  upon  the  duties  of  his  office,  shall  be  required  to  give  bond,  with 
two  or  more  sureties,  to  the  satisfaction  of  the  directors,  in  a  sum  not  less  than  fifty  thousand  dollars,  vvith  a  condition 
for  his  sood  behavior,  and  the  faithful  performance  of  his  duties  to  the  corporation. 

8.  The  lands,  tenements,  and  hereditaments,  which  it  shall  be  lawful  for  (he  said  corporation  to  hold,  shall  be 
only  such  as  shall  be  requisite  for  its  immediate  accommodation  in  relation  to  the  convenient  transacting  of  its  busi- 
ness, and  such  as  shall  have  been  bona  fide  mortgaged  to  it  by  way  of  security,  or  conveyed  to  it  in  satisfaction  of 
debts  previously  contracted  in  the  course  of  its  dealings,  or  purchased  at  sales  upon  judgments  which  shall  have 
been  obtained  tor  such  ilebts. 

9.  The  total  amount  of  debts  which  the  said  corporation  shall  at  any  time  owe,  v/hether  by  bond,  bill,  note,  or 
other  contract,  over  and  above  the  debt  or  debts  due  for  money  deposited  in  the  bank,  shall  not  exceed  the  sum  of 
thiriy  millions  of  dollars,  unless  the  contracting  of  any  greater  debt  shall  have  been  previously  authorized  by  a  law 
of  the  United  States.  In  case  of  excess,  the  directors  under  whose  administration  it  shall  happen,  shall  be  liable  for 
the  same,  in  their  natural  and  private  capacities,  and  an  action  of  debt  may,  in  such  case,  be  brought  against  them, 
or  any  of  thesn,  tlieir  or  any  of  their  heirs,  executors,  or  administrators,  in  any  court  of  record  of  the  United  States, 
or  either  of  them,  by  any  creditor  or  creditors  of  the  said  corporation,  and  may  be  prosecuted  to  judgment  and  execu- 
tion, any  condition,  covenant,  or  agreement,  to  the  contrary  notwithstanding.  But  this  provision  shall  not  be  con- 
strued to  exempt  the  said  corporation,  or  the  lands,  tenements,  goods,  or  chattels,  of  the  same,  from  being  also  liable 
for,  and  chargeable  with,  the  said  excess.  Such  of  the  said  directors  who  may  have  been  absent  when  the  said  excess 
was  contracted  or  created,  or  who  may  have  dissented  from  the  resolution  or  act  whereby  the  same  was  so  contracted 
or  created,  may  respectively  exonerate  themselves  from  being  so  liable,  by  forthwith  giving  notice  of  the  fact,  and  of 
their  absence  or  dissent,  to  the  President  of  the  United  States,  and  to  the  stockholders,  at  a  general  meeting,  which 
they  shall  have  power  to  call  for  that  purpose. 

10.  The  haid  corporation  shall  not,  directly  or  indirectly,  deal  or  trade  in  any  thing  except  bills  of  exchange, 
gold  or  silver  bulliim,  or  in  the  sale  of  goods  really  and  truly  pledged  for  money  lent,  and  not  redeemed  in  due  time, 
or  goods  which  shall  be  the  pioceeds  of  its  lands.  It  shall  not  be  at  liberty  to  purchase  aiiy  public  debt  whatsoever; 
nor  shall  it  take  more  than  at  the  rate  of  six  per  cent,  per  annum  for  or  upon  its  loans  or  discounts. 

11.  The  said  corporation  shall  not,  in  any  one  year,  sell  any  portion  of  the  public  debt  constituting  a  part  of  its 
capital  stock  aforesaid,  to  an  amount  exceeding  five  millions  of  dollars,  without  the  consent  of  Congress. 

12.  No  loan  shall  be  made  by  the  said  corporation,  lor  the  use,  or  on  account,  of  the  Government  of  the  United 
State;',  to  an  amount  exceeding  five  hundred  thousand  dollars;  or  of  any  pardcular  State,  to  an  amount  exceeding 
fifty  thousand  dollars;  or  to  any  foreign  Prince  or  State,  unless  previously  authorized  by  a  law  of  the  United  States. 

13.  The  stock  of  the  said  corporation  shall  be  assignable  and  transferable  according  to  such  rules  as  shall  be  in- 
stituted in  that  behalf,  by  the  laws  and  ordinances  of  the  same. 

14.  The  bdls  obligatory  and  of  credit,  under  the  seal  of  the  said  corporation,  which  sh;ill  be  made  to  any  person 
or  persons,  shall  be  assignable  by  endorsement  thereupon,  under  the  hand  or  hands  of  such  person  or  persons,  and  his, 
iier,  or  their  executors  or  administrators,  and  of  his,  her,  or  their  assignee  or  assignees,  and  the  executors  or  administra- 
tors of  such  assignee  or  assignees,  and  so  as  absolutely  to  transferand  vest  (he  property  thereof  in  each  and  every  as- 
signee or  assignees  successively,  and  to  enable  such  assignee  or  assignees,  and  his,  her,  or  their  executors  or  administra- 
tors, to  maintain  an  action  thereupon  in  his,  her,  or  their  own  name  or  names.  And  the  bills  or  notes  which  may  be  is- 
sued by  order  of  the  said  corporation,  signed  by  the  president,  and  countersignecl  by  the  principal  cashier  or  treasurer 
th;Teoi,  promising  the  payment  of  money  to  any  person  or  persons,  his,  her,  or  then- order,  or  to  bearer,  although  not 
uiiiier  the  seal  of  the  said  corporation,  shall  be  binding  and  obligatory  upon  the  same,  in  the  like  manner,  and  with 
the  like  force  and  effect,  as  upon  any  private  person  or  persons,  if  issued  by  him,  her,  or  them,  in  his,  her,  or  their 
private  or  natural  capacity  or  capacities,  and  shall  be  assignable  and  negotiable  in  like  manner  as  if  they  were  so 
issued  by  such  private  person  or  persons;  that  is  to  say:  those  which  shall  be  payable  to  any  person  or  persons,  his, 
her,  or  their  order,  shall  be  assignable  by  endorsement,  in  like  manner,  and  with  the  like  effect,  as  foreign  bills 
of  exchange  now  are;  and  those  which  are  payable  to  bearer,  shall  be  assignable  and  negotiable  by  delivery  only. 

15.  Half  yearly  dividends  shall  be  made  of  so  much  of  the  profits  of  the  bank  as  shall  appear  to  the  directors 
advisable;  and  once  in  every  three  years,  the  directors  shall  lay  before  the  stockholders,  at  a  general  meeting,  for 
their  information,  an  exact  and  particular  statement  of  the  debts  which  shall  have  remained  unpaid  after  the  expira- 
tion of  the  original  credit,  for  a  period  of  treble  the  term  of  that  credit,  and  of  the  surplus  of  profits,  if  any,  after 
deducting  losses  and  dividends,  ff  there  shall  be  a  failure  in  the  payment  of  any  part  of  any  sum  subscribed  by  any 
person,  copartnership,  or  body  politic,  the  party  failing  shall  lose  the  benefitof  any  dividend  which  may  have  accru- 
ed prior  to  the  time  for  making  such  payment,  and  during  the  delay  of  the  same. 

16.  The  directors  of  said  corporation  shall  be  bound  to  establish  a  competent  office  of  discount  and  depnsife  in 
the  District  of  Cohinibia.wheneverany  law  of  the  United  States  shall  require  such  establishment;and  it  shall  be  lawful 
for  the  saiu  directors  to  establish  offices  wheresoever  they  shall  think  fit,  within  the  United  States  or  the  territories 
thereof,  for  the  purposes  of  discount,  deposite,  and  distribution;  or  for  the  purposes  of  deposite  and  distribution 
only;  and  upon  the  same  terms,  and  in  the  same  manner,  as  shall  be  practised  at  the  bank;  and  to  commit  the  man- 
agement of  the  said  offices,  and  the  business  thereof  respectively,  to  such  persons,  and  under  such  regulations,  as 
they  shall  deem  proper,  not  being  contrary  to  law  or  to  the  constitution  of  the  bank.  Or,  instead  of  establishing 
such  omces,  it  slia  1  be  lawful  for  the  directors  of  the  said  corporation,  from  time  to  time,  to  employ  any  other  bank 
or  banks,  at  any  place  or  places  that  they  may  deem  safe  and  proper,  to  manage  and  transact  the  business  proposed 
as  aforesaid  to  be  managed  and  transacted  by  such  offices,  under  such  agreements,  and  subject  to  such  regulations, 
as  they  shall  d«im  Just  and  proper.  But  the  managers  or  directors  of  every  office  of  discount,  deposite,  and  distri- 
bution, established  as  aforesaid,  shall  be  annually  appointed  by  the  directors  of  the  bank,  to  serve  one  year;  each  of 
them  shall  jje  a  citizen  of  the  United  States,  and  shall  hold,  at  the  time  of  his  appointment,  not  less  than  five  shares 
in  the  said  bank,  bona  fide  in  his  own  right:  and  if  he  shall  cease  to  be  a  stockholder  to  that  amount,  he  shall  cease 
to  be  a  manager  or  director  of  such  office  of  discount,  deposite,  and  distribution;  and  not  more  than  three-fourths 


1815.]  BANK   OF  THE    UNITK!)   .STATES.  P^q,- 


of  (he  said  managers  or  directors  in  office  at  the  time  of  ,ui  anuual  appointment,  shall  be  re-appoinled  for  the  next 
i^ucceeding  yearj  nor  shall  any  person  be  a  manager  or  director  for  more  than  three  out  of  four  years;  but  the  pre-i 
dent  may  be  always  le-appointed.  " 

17.  The  said  corporation,  all  offices  of  discount,  deposite,  and  distribution,  and  of  deposite  and  distribution  on>v 
which  shall  be  established  by  the  said  dn-ectors  as  aforesaid,  and  all  banks  by  the  said  directors  crnpioyed  in  lieu  ot' 
such  officers  as  aforesaid,  shall  be  bound  to  receive,  upon  depi>si(e,  the  treasury  notes  of  tlie  United  .States  which 
have  been,  or  may  be  hereafter,  issued  by  virtue  of  any  law  or  laws  of  the  United  States;  but  it  shall  be  option:>l 
with  the  said  corporation  to  pay  and  discharge  the  checks  or  drafts  of  the  persons  making  such  deposite,  in  treasury 
notes,  lor  the  amount  thereol,  either  in  gold  uv  silver  coin,  or  in  the  notes  of  the  bank,  or  in  treasury  notes.  And 
all  banks  by  the  said  directors  eiiiploye.l  as  aforesaid,  in  lieu  of  the  oflices  aforesaid,  shall  he  further  bound  to 
receive  on  deposite,  and  to  circulate,  the  notes  of  tlie  saiil  corporation,  on  the  same  terms,  and  in  the  same  manner 
as  the  notes  of  the  said  banks  respectively  me  received  and  circulated:  and,  from  time  to  time,  is.^ue  and  eNchan"e' 
for  the  said  notes  ol  the  said  corporation,  other  notes  of  the  said  corporation,  or  the  notes  of  the  said  banks  respec- 
tively, or  treasury  notes,  at  the  option  of  the  persons  applying  for  such  issue  or  exchange.  The  said  corporation 
sjiall,  at  all  times,  distribute  among  the  offices  of  disccniiil,  deposite,  and  distribution,  and  of  deposite  and  distribu- 
tion only,  and  at  all  the  banks  employed  in  lieu  of  such  offices  as  aforesaid,  a  sufficient  sum,  in  the  various  denomi- 
nations of  the  notes  of  the  said  corporation,  and  in  the  treasury  notes  whicli  it  may  receive  upon  deposite  from  the 
Government,  to  answer  the  demand  therefor,  and  to  establish  a  sufficient  circulating  medium  throughout  the  IJnited 
States  and  the  territories  thereof. 

18.   The  officer  at  the  head  of  the  Trea.-.ury  Department  of  the  United  Slates  shall  be  furnished,  from  time  (o  lime    - 
as  often  as  he  may  require,  not  exceeding  once  a  week,  witii  statements  of  the  amount  of  capital  stock  of  the  said  cor-  • 
poration,  and  of  the  debts  due  ti;  the  same;  of  the  moneys  deposited  therein;  of  the  notes  in  circulation:  ami  of  the 
cash  in  hand;  and  shall  have  a  right  to  inspect  such  general  accounts  in  the  books  of  the  bank  as  shall   relate  to  the 
said  statement:  Provided,  That  this  shall  not  be  construed  to  imply  a  right  of  inspecting  the  account  of  any  private 
individual  or  individuals  with  the  bank. 

.Sec.  10.  /hid  bci/furl/ier  enacted,  That  if  the  saiil  corporation,  or  any  ])erson  or  persons  for  or  to  the  use  of 
the  same,  shall  deal  or  trade  in  buying  or  selling  any  goods,  wares,  merchandise,  or  commodities  whatsoever,  cim- 
trary  to  the  provisions  of  this  act,  all  and  every  person  and  persons  by  whom  any  order  or  direction  for  so  dealiii" 
or  trading  shall  have  been  given,  aiul  all  and  every  person  and  nersuns  who  shall  have  been  concerned  as  parties  or 
agents  therein,  shall  forfeit  and  lose  treble  the  value  of  the  gootls,  wares,  merchandises,  and  commodities,  in  whicli 
such  dealing  and  trade  shall  have  been:  one  half  thereof  to  the  use  of  the  informer,  and  the  other  lialf  thereof  to  the 
use  of  the  United  Stales,  to  be  recovered  in  any  action  of  law,  with  costs  of  suit. 

.Sec.  1 1.  ^nd  he  iffurUicr  enacted,  That  if  the  said  corporation  shall  advance  or  lend  any  sum  of  money,  for  the 
use  or  on  account  of  the  Government  of  ^he  United  States,  to  an  amount  exceeding  three  hundred  lliousand  dollars; 
or  of  any  particular  .State,  to  an  amount  exceeding  tifiy  thousand  dollars;  or  of  any  foreign  Prince  or  State,  (unlcs,-4 
previously  authoiT/.ed  thereto  by  a  law  of  the  United  .States)  all  and  every  person  and  persons,  by  and  witii  whose 
order,  agreement,  consent,  approbation,  and  connivance,  such  unlawful  advance  or  loan  shall  have  been  made, 
upcjii  conviction  thereof,  shall  forfeit  and  pay,  for  every  such  offence,  treble  the  value  or  amount  of  the  sum  or  sums 
which  shall  have  been  so  unlawfully  advanced  or  lent;  one-fifth  thereof  to  the  use  of  the  informer,  and  the  resiilue 
thereof  to  the  use  of  the  United  States. 

Sec.  13.  Jind  be  itfitrtlier  enacted.  That  the  bills  or  notes  of  the  said  corporation,  originally  made  payable,  or 
which  shall  have  become  payable,  on  demand,  shall  be  receivable  in  all  payments  to  the  (.inited  States,  until  other- 
wise directed  by  act  of  Congress. 

Sec.  13.  ^Ind  be  it  further  enacted.  That  if  the  subscriptions  and  payments  to  the  said  bank  shall  not  be  made 
•and  completed,  so  as  to  enable  the  same  to  commence  its  operations,  or  if  the  said  bank  shall  not  commence  its 
operations  on  or  before  the  lirst  day  of  March,  one  thousand  eight  hundred  and  sixteen,  then,  and  in  that  case,  this 
act  shall  be  null  and  void. 

Sec.  14.  .^nd  be  it  further  enacted.  That  it  shall  at  all  times  be  lawful  for  a  committee  of  either  House  of  Con- 
gress, appointed  for  that  purpose,  to  inspect  the  books,  and  to  examine  into  the  proceedings,  of  the  corporation 
hereby  created,  and  to  report  whether  the  provisions  of  this  charter  have  been  by  the  same  violated  or  not;  and 
whenever  any  committee  as  aforesaid,  shall  hnd  and  report,  or  the  President  of  the  United  States  shall  have  reason 
to  believe,  that  the  charter  has  been  vic^lated,  it  may  be  lawful  for  Congress  to  direct,  or  the  President  to  order,  a 
scire  facias  to  be  sued  out  of  the  circuit  court  of  the  district  of  Pennsylvania,  in  the  name  of  the  United  States, 
(which  shall  be  executetl  upon  the  president  of  the  corporation,  for  the  time  being,  at  least  fifteen  days  before  the 
commencement  oi'  the  term  of  said  court,)  calling  on  the  said  corporation  to  show  cause  wherefore  the  charter 
hereby  granted  sliall  not  be  declared  fmfeited;  and  it  shall  be  lawful  for  the  said  court,  upon  the  return  of  the  said 
scire  facias,  to  examine  into  the  truth  of  the  alleged  violation;  and  if  such  violation  be  made  appear,  then  to  pro- 
nounce and  adjudge,  that  the  said  charter  is  forfeited  and  annullecl:  Provided,  however.  Every  issue  of  fact  which 
may  be  joined  between  the  United  States  and  the  corporation  aforesaid,  shall  be  tried  by  jury.  And  it  shall  be 
lawful  (or  the  court  aforesaid,  to  require  the  production  of  such  of  the  books  of  the  corporation  as  it  may  deem 
necessaiy  for  the  ascertainment  of  the  controverled  liicts;  and  the  final  judgment  of  the  court  aforesaid,  shall  be 
examinable  in  the  supreme  court  of  the  Uniieil  States,  by  writ  of  error,  and  may  be  there  reversed  or  affirmed, 
according  to  tiie  usages  of  law. 

Sec.  15.  ,/ind  be  it  further  enacted.  That,  during  the  continuance  of  this  act,  and  whenever  required  by  the 
Secretary  of  the  Treasury,  the  said  corporation  shall  do  and  perforin  the  several  and  respective  duties  of  the  Com- 
missioners of  Loans,  for  the  several  States,  or  of  any  one  or  more  of  them,  at  the  times,  in  the  manner,  and  up)n 
(he  terms,  to  be  prescribed  by  the  Secretary  of  the  Treasury. 

Sec.  1G.  .find  be  it  further  enacted,  That  no  other  bank  shall  be  established  by  any  future  law-  of  the  United 
States,  during  the  continuance  of  the  corporation  hereby  created;  for  which  the  faith  of  the  United  States  is  hereby 
pledged:  Provided,  Congress  may  renew  existing  charters  for  banks  in  the  District  of  Columbia,  not  increasing  the 
capital  thereof;  and  may  grant  charters,  if  they  deem  it  expedient,  to  any  banking  associations  now  in  operation, 
in  the  said  District, and  lenew  the  same,  not  increasing  the  capital  thereof.  And  notwithstanding  the  expiration 
of  the  term  (iir  whicli  the  corporation  is  created,  it  shall  be  lawful  to  use  the  corporate  name,  style,  and  capacity, 
for  the  purpiise  of  suits,  for  the  final  settlement  and  liquidatiim  of  the  affiurs  and  accounts  of  the  corporation,  and 
for  the  sale  and  disposition  of  their  estate,  real,  personal,  and  mixed,  but  not  for  any  other  purpose,  or  in  any  other 
manner  whatsoe^e^:  nor  for  a  pei'iod  exceeding  two  years,  after  the  expiration  of  the  said  term  of  incorporation. 

UANGDON  CHEVES,  f^'peaker  of  the  House  of  Reprei,entative>i. 
JOHN  GAILLARD,  President  of  the  Senate,  pro  tempore. 


896 


FINANCE. 


[1815. 


13th  Congress.] 


No.  443. 


[3d  Session. 


DUTIES    AND    DRAWBACKS. 

COWMONICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  3,  1815. 

gm:  Treasury  Department,  February  2,  1815. 

In  obedience  to  the  permanent  order  of  the  House  of  Representatives,  passed  on  the  third  of  March,  1797,  I 
have  the  honor  to  transmit  a  statement  exhibiting  the  amount  of  duties  and  drawbacks  on  goods,  wares,  .-.nd  mer- 
chandise, imported  into  the  United  States,  and  exported  therefrom,  during  the  years  1811,  1812,  and  1813. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  obedient  servant, 

A.  J.  DALLAS. 

ITie  Hon.  the  Speaker  <\f  the  House  of  Representatives. 


Statement  exhibiting  the  amount  of  Draicbuck  payable  on  sundry  articles  exported  from  the  United  Slates,  dur- 
ing the  years  1811,  1812,  and  1813,  compared  with  the  amount  of  Duties  collected  on  the  same,  respectively. 


IN  THK   TEAU    1811. 

IN    THE  TEAR   1812. 

IN  THE  TEAIX   1813. 

BPSCIEB  or  MEUCUA^DIBB. 

Duties 

Drawback 

Duties 

Drawback 

Duties 

Drawback 

received. 

payable. 

received. 

payable. 

received. 

payable. 

On  XtercliaiK'.ise — 

Dollars. 

Dollars. 

Dollars. 

Oollais. 

Dollars. 

Dollars. 

Payingadutvof  ISpercent.  ad  val. 

2,852,535 

438,666 

654,808 

111,958 

6,306 

2,622 

Do        '      27i           do 

- 

- 

4,094,997 

2,714 

1,653,634 

16,456 

Do              I7i           do 

484,048 

38,030 

176,766 

18,966 

572 

470 

Do              32i            do 

- 

- 

1,416,681 

498 

365,352 

2,215 

Do              22^           do 

32,210 

2,566 

11,435 

286 

6 

10 

Do              42|           do 

- 

- 

46,353 

- 

13,725 

Wines,  Madeira,        -             -             ~ 

169,031 

17,256 

113,256 

3,951 

16,986 

974 

Biirguntlv,  Champaign,  &c.    - 

375 

- 

936 

- 

1,632 

100 

Sherry  ana  St.  Lucar, 

1,808 

- 

15,325 

- 

65,889 

599 

Claret,  in  bottles. 

10,869 

2.306 

13,128 

1,447 

18,609 

2,954 

Lisbon,  Oporto,  &.C.  - 

37,361 

3,157 

45,583 

1,787 

16,199 

TenerifiV,  Fayal,  &c. 

194,406 

10,575 

284,235 

8,912 

94,393 

60 

All  other,      -             -             - 

194,020 

61,464 

221,146 

39,685 

201,241 

47,224 

Spirits,  foreign,  distilled  fi-om  grain,  - 

10,572 

361 

24,704 

- 

694 

611 

Do    fi-om  otlier  mulerials, 

964,447 

21,622 

1,510,810 

3,755 

649,960 

18,635 

Do    from  domestic  produce,  - 

30 

- 

173 

- 

15 

Do    from  molasses,     - 

_ 

_ 

79 

Molasses,       -             -              ~             ~ 

427,011 

926 

463,495 

- 

366,452 

96 

Beer,  Ale,  and  I't  rter, 

3,616 

174 

7,472 

- 

1,902 

39 

Teas,  Bohca,               -             -             - 

18,296 

11,319 

23,066 

2,199 

_ 

35 

Souchong,         -             -             - 

124,146 

31,944 

79,198 

54,208 

44,039 

44 

Jlyson,                -             -             - 

115,629 

29,439 

186,768 

13,668 

59,137 

96 

Other  Green,    -            -             - 

376,535 

17,934 

448,479 

7,030 

125,715 

Coffee,           -             -              -              - 

1,457,152 

550,607 

1,801,952 

668,554 

1,251,305 

279,131 

Cocoa,            -              -             -             - 

47,967 

32,442 

38,287 

7,464 

9,498 

4,470 

Cllocoi;tte,      -               -               -               - 

55 

- 

30 

- 

37 

Sugar,  Brown,  Clayed,  or  otlierwlse. 

1,452,539 

96,228 

2,135,297 

173,430 

1,647,640 

45,859 

White,  Ch.ycd,  or  Powdered, 

492,015 

424,195 

420,780 

243,6ti3 

368,781 

111,720 

Loaf  and  Candy, 

204 

- 

33 

_ 

366 

Other  refined,  and  Lump, 

79 

- 

- 

_ 

53 

Almonds,       -             -             ~             ~ 

4,989 

152 

10,857 

1,269 

12,319 

Cunants,        -             -             -             - 

2,087 

- 

6,051 

- 

1,619 

Prunes  and  Plums,     -             -             - 

870 

- 

952 

_ 

3,722 

Figs,               _             _             _             - 

5,822 

634 

5,552 

193 

3,325 

Raisins,  in  jars  and  boxes,      - 

16.647 

307 

10,269 

519 

41,902 

Do.    all  other. 

11,954 

409 

7,024 

242 

24,744 

Candles,  Tallow,       _             -             - 

951 

303 

214 

292 

1,167 

Wax  and  Spermaceti, 

492 

- 

636 

100 

87 

139 

Cheese,         _             -             -            - 

882 

325 

2,246 

45 

2,201 

491 

Soap,              _             -             -             - 

15,831 

8,748 

14,308 

4,600 

1,059 

3,314 

Tallow,          _             -             _             _ 

16,532 

545 

11,593 

- 

10,514 

Spices,  Mace,             _             _             _ 

15,849 

17,696 

3,231 

7,642 

733 

Nutmegs,      -            -            - 

73,320 

43,744 

977 

6,900 

714 

Cinnamon,     _             _             - 

8,061 

5,437 

217 

3,109 

848 

648 

Cloves,           _             -             _ 

35,236 

26,208 

25,909 

6,263 

6,889 

16,908 

Pepper,         _             -             - 

169,834 

190,337 

101,465 

78,393 

65,724 

1,529 

Pimento,       -             -             - 

15,283 

809 

9,453 

1,148 

4,302 

Chinese  Cassl;i,            -              - 

11,535 

5,140 

14,042 

3,241 

3,379 

379 

Tobacco,   manufactured,   oli.tr  tlian 

Snuff,  &.C.                _             -             - 

1,142 

- 

8.-4 

- 

358 

SnufF,             -             -             ~             - 

80 

- 

96 

18 

86 

Indigo,           _             -             -              - 

196,614 

104,489 

70,209 

32,670 

112,426 

sr 

Cotton,          _             _             _              - 

11,350 

5,203 

67,677 

14,469 

61,471 

16,046 

Powder,  Hair,            _            _             _ 

- 

- 

- 

_ 

9 

Gun,             _             -             _ 

160 

- 

520 

- 

18,120 

Starc'.i,           _            _            -            _ 

140 

— 

288 

1 

252 

134 

Glue,              ~       .     T  ^ 

576 

- 

3,755 

- 

3,962 

Pewter  Plates  and  Dishes,     - 

155 

_ 

354 

_ 

3 

Anchors  and  Sheet  Iron, 

5,069 

- 

13,660 

— 

7,533 

Hoop  and  Slit  Iron, 

1,764 

743 

10,412 

175 

3,773 

NaiU,              _             -             _             - 

5,796 

1,393 

30,284 

681 

8,272 

Spikes,           _             -             _              - 

523 

34 

1.986 

85 

462 

1815.] 


THE   SINKING    FUND. 


STATEMENT— Continued. 


KPEOIKS  or  MEBCHANDISB. 


Qiiicksilvei-,  -  -  - 

Paints,  Ochre,  Yc-llow,  in  Oil, 
Dry  Yellow  Oclire, 
Spanish  Hrown, 
White  and  Red  Lead, 
Leud,  and  manufactures  of,    - 
Seines,  _  -  _ 

Coi'diige,  Tarred, 

Do.       Ujitarred,    - 
Cables,  _  -  - 

Sleil,  _  _  - 

Hemp,  _  -  _ 

Uiilirred  Yarn,  - 

Twine  and  Pack-thread, 
Glauber  Salts, 

Coal,  _  _  _ 

Malt,  -  _  - 

Fish,  Dried  or  Smoked, 
Pickled,  Salmon, 
Mackerel,  - 

All  other,  - 

Glass,  Black  Quart  Bottles,  - 

Window, 
Cig-ars,  _  -  _ 

Lime,  _  _  _ 

Boots,  _  _  _ 

Shoes  and  Slippers  of  Silk, 

Do.   all  other. 
Cards,  Wool  and  Cotton,       - 
Pl.aying, 

Dollars, 


IN  TllE  YEKB.   1811. 


Duties 
received. 


Dollars. 

859 

11 

1,36'2 

224 

17,268 

13,399 

30,148 
3,088 
2,632 
4,719 
221,43!- 
4 
5,554 

4,862 

4 

644 

325 

2,082 

119 

2,0-12 

13.033 

28,114 

457 

1,130 

858 

22 

36 


10,450,960 


Drawback, 
payable. 


Dollars. 


139 
36 


13,112 

271 

912 

1,289 

2,125 

696 
61 


173 

70 

4,101 

192 

148 

55 


2,227,245 


IX  TUK  TEAK   1812. 


Duties 
received. 


Dollars. 

5,629 

10 

1,071 

488 

47,731 

20,832 

55 

13,972 

2,313 

324 

14,138 

25,889 

5,048 

27 

9,886 

1 

9,096 

1,380 

103 

onrt 

3,656 
18,301 
28,678 

682 

1,456 

2,641 

2 


14,874,090 


TiiBAsuai   Department,   Register's  Office,   February   1,    1815. 


Drawback 
payable. 


Dollars. 


5,902 

960 
526 

7,5U0 


89 
1,168 

58 

222 
28 


897 


IN    THE    YEAK    181' 


1,542,623 


Duties 
received. 


Dollars. 

376 

51 

2,689 

571 

17,053 

1,376 

7 

408 

1,691 

6,876 

11,683 


3,953 

92 

2,529 

3,899 

730 

239 

2,006 

2,463 

10,802 

16,395 

393 

226 

2,621 

1,704 

92 

185 


7,473,254 


Drawback 
payable. 


Dollars. 


1,010 
168 


2,430 

189 
632 


1,767 
27 


580,328 


JOSEPH  NOURSE,  Regisltr. 


13th  Congress.] 


No.  444. 


[3(1  Session. 


SINKING    FUND. 

OOM.MUNICATED   TO    THK    SPLNATE,    FEBRUARY    C,    1815. 

The  Commissioners  of  the  Sinking  Fund  respectfully  leport  to  Congress  as  follows: 

That  the  measures  which  have  been  authorized  by  the  Board,  sub-sequent  to  their  last  report,  of  the  5th  of  Febru- 
ary, 1R14,  so  far  as  tlie  same  have  been  completed,  are  fully  detailed  in  the  report  of  the  Secretary  of  the  Treasurr 
to  this  Board,  dated  the  sixth  day  of  the  present  month,  and  in  the  statements  therein  referred  to,  which  are  herewitn 
transmitted,  and  prayed  to  be  received  as  part  of  this  report. 

JOHN  GAILLARI),  President  of  the  Senate,  pro  tempore. 
J  AS.  MONROE,  Jic/ing  Secretary  of  State. 
A.  J-  DALLAS,  Secretary  of  the  Treasury. 
Washinoton,  February  6tli,  1815. 


The  Secretary  of  the  Treasury  respectfully  reports  to  the  Commissioners  of  the  Sinking  Fund — 

'That  the  balance  of  moneys  advanced  on  accotint  of  tlie  public  debt,  remaining  unexpended  at  the  end  of  the 
year  1812,  atul  applicable  to  payments  falling  due  after  that  year,  which  balance,  as  appears  by  the  s!ateinen>.  K, 
annexed  to  the  last  annual  report,  amounted  to     -  -  -  -  -  -  $335,826  04 

Together  with  sums  disbur.sed  from  the  treasury  during  the  year  1813,  on  account  of  the  principal 
and  interest  of  the  public  debt,  which  su.ms,  as  appears  by  the  statement  C,  annexed  to  the  last 
annual  report,  amounted  to  -  -  -  -  -  -  -  .         '        11,110,117  43 

Together  with  a  further  sum  arising  froin  profit  in  exchange  on  retnittances  fron)  .\merica  to 
Europe,  during  the  year  1813,  amounting,  as  appears  by  the  statement  D,  annexed  to  the  last 
annual  report,  to  ........  f>98,452  06 

From  which  is  to  be  deducted,  as  explained  in  the  note  to  the  statement  B.  an- 
nexed to  this  report,  the  sum  of  .-...-  6,202  20 


And  with  a  further  sum,  being  the  difference  between  the  principal  of  stock  purchased  during  the 
year  1813,  and  the  money  paid  for  the  same,  of     - 

And  amountirtg,  together,  to  -  -  - 


92,2 1 9  86 
1,902  34 
$11,510,095  C7 


Have  been  accounted  for  in  the  following  manner,  viz: 


W3 


FINANCE.  [1815. 


1  There  was  lepaiil  into  the  treasury,  during  the  year  1813,  on  account  of  the  principal  of  moneys 
heretofore  acfvaiiced  for  the  payment  of  the  public  debt,  as  appears  by  the  statement  E,  an- 
nexed to  the  last  annual  report,  the  sum  of        -  -  '    ^  ,    "    .     .  " ,  -.  '  ?2,002  43 

II  The  sums  actually  applied  during  the  year  1813,  to  the  payment  ot  the  principal  and  interest 
'  of  the  public  debt,  as  ascertained  by  accounts  rendered  to  tlie  Treasury  Department,  amounted, 

as  will  appear  by  the  annexed  statement  A,  to  ten  millions  seven  hundred  and  seventy-six 
thousand  eight  hundred  and  eighfy-seven  dollars  forty-nine  cents,  viz: 
1.  In  reimbursement  of  the  principal  of  the  public  debt,  -  -  -  $7,177,432  27 

2  On  account  of  the  interest  and  charges  on  the  same,  -  -  •  3,599,455  22 

10,776,887  49 

I II  The  balance  remaiiiina;  unexpended,  at  tlie  close  of  the  year  1813.  and  applicable  to  payments 
falling  due  after  that  year,  as  ascertained  by  accounts  rendered  to  the  Treasury  Department, 

amounted,  as  will  appear  by  the  annexed  statement  B,  to  -  -  -  ~    .        -  761,205  75 

$11,540,095  67 


That,  during  the  year  1814,  the  following  disbursements  were  made  out  of  the  treasury,  on  account  of  the  prin- 
cipal a!ul  interest  of  the  public  debt,  viz: 

1.  On  account  of  the  interest  and  reimbursement  of  the  funded  domestic  debt,        -  -  -       $4,937,45133 

•2.  On  account  of  the  principal  and  interest  of  temporary  loans,  viz:  *   . 

Reimbursement  of  principal,      -------  250,00000 

Payment  of  interest,      -------  -  57,79890 

■'  307,798  90 

3.  On  account  of  the  principal  and  interest  of  treasury  notes,  -----         2,979,78340 

4.  On  account  of  the  interest  tm  Louisiana  stock,  payable  in  Europe,  ...  -  -  161,847  06 

Amounting,  together,  as  will  appear  by  the  annexed  list  of  warrants,  marked  C,  to  -  -       $8,386,880  59 

Which  disbursements  were  made  out  of  the  following  funds,  viz: 

I.  From  the  balance  of  the  annual  appropriation  of  eight  millions  of  dollars  for  the  year  1813,  remain- 
in"  unexpended  at  tlie  end  of  that  year,  which  balance  amounted,  as  stated  in  the  last  annual 
report,  to       -  -  -  -  -  -  -  -     .        "    .         "  "  -  $442,254   K 

!I.  From  the  funds  constituting  the  annua!  appropriation  ot  eight  millions  ol  dollars  for  the  year 

lfil4,  viz: 
From  the  fund  arising  from  the  interest  on  the  debt  traiisl'erred  to  the  Commissioners  of  the 

Sinking  Fund,  as  per  statement  1,  -  -  -_  -  -  $2,003,495  54 

From  tiie  fund  arising  from  the  nett  proceeds  of  the  sales  of  public  lands, 

being  the  amount  received  into  the  treasury  from  the  1st  October.  1813, 

to  th'e  30tii  September,  1814,  as  per  statement  K,  -  -  -  1,021,058  19 

From  the  proceeds  of  duties  on  goods,  wares,  and  merchandise,  imported, 

and  on  1  he  tonnage  of  vessels,         ------  4,633,736  10 


Which  sum  of  --------  $7,658,289  83 

Being  deducted  from  the  annual  appropriation  of    -  -  -  -  8.000,000  00 


r, 658,289  63 


Leaves  an  undrawn  balance,  to  be  applied  in  addition  to  the  appropriation 

for  the  year  1815,  of  -------  $341,710  17 

[il.  From  repayments  into  the  treasury,  on  account  of  moneys  heretofore  advanced  for  the  pay- 
ment of  interest  on  the  Louisiana  stock  in  Europe,  and  for  the  payment  of  the  principal  and 
interest  of  treasury  notes,  as  will  appear  by  the  annexed  statement  E,  -  -  -  -  286,336  65 

$8,336,880  59 
That  the  disbursements  above  mentioned,  together  with  the  balance  above  stated,  which  remained 

unexpended  at  the  end  of  the  year  1813,  of  -  -  -  -  -  -  761,205  75 

'I'ogether  with  a  further  sum  arising  from  profit   in  exchange,  on  remittances  from  America  to 

Europe,  soade  i:i  the  year  181 1,  and  amounting,  as  appears  liy  the  annexed  statement  1),  to       -  19,827  61 

Making,  together.  -  -  -       .S9, 167,913  95 


Will  be  accounted  for  in  tlie  next  annual  rep.)i  t,  in  conformity  with  the  accounts  which  shall  then  have  been 
rendered  to  the  Treasury  Department. 

That,  in  the  iiie;!n  time,  the  manner  in  which  (he  said  sum  has  been  applied  is  estimated  as  follows,  viz: 

I.  The  repayments  into  the  treasury  on  account  of  the  principal  of  nmoeys  advanced  tor  the  pay- 

ment of  interest  on  tlie  lioaisiana  stock  in  Europe,  and  for  tlic  payment  of  principal  anil  inter- 
est of  treasury  notes,  have  amounted,  during  the  year  1814,  as  by  the  above  mentioned  state- 
ment E,  to     -  -  -  -  -  '  -  -_  -    .  -         .     -  .-  $236,336  C5 

II.  The  sums  at'tuaily  applied,  during  the  yeai-  1814,  to  the  principal  and  interest  of  the  public 
debt,  are  estimated  as  lollows: 

1.  Paid  in  leii'.ibuisement  of  the  principal  of  the  public  debt,       -  -  ©4,283,735  90 

2.  i'aid  cm  account  of  interest  and  charges  on  the  same,  -  -  4,586,348  51 


As  will  appear  by  the  annexed  statement  F,  -  -         8,870,084  44 

III.   The  balance  whicli  remained  unexpended  at  the  end  of  the  year  1814.  and  applicable  to  pay- 
ments fidling  due  afier  diiu.  yv.w,  is  estimated,  per  annexed  statement  G,  at  -  -  11,49-  8i> 


$9,167,913   9:1 


That,  agreeably  to  the  terms  of  tlic  contracts  by  which  certain  temptirary  loans  had  iieretolbre  been  obtained, 
under  the  authoriiy  of  the  act  of  the  14th  ot  March.,  1812,  the  instalments  of  the  f(»llowiiig  loan?,  which  became 
payable  in  tiie  vear  1811,  were  duly  paid  at  tlie  times  when  the}'  respectively  became  (lavable,  \'v.'.: 

'I'd  the  Hank  :-,f  Baltimore,  on  the  li;th  Ndvember,  1814,         -  -"  -  '-  -  $100,000  00 

To  the  State  Bank,  Ciiurh'stnn,  (in  the  !si  December,  J^slt,   -----  150,00000 


$250,000  00 


'Vwn  instalments  of  250.000  (h.llais  each,  which  became  payable  on  the  16th  and  31st  Derembci-,  1814,  to  (li..- 
State  Hank,  Boston,  were  nut  paid,  it  haviiig  been  impracticable,  in  conseipience  of  the  general  suspension  of  pay- 
ments in  specie,  by  the  banks,  to  transfei-  the  amount  from  those  banks  in  whicli  the  moneys  of  the  treasury  wcn^ 
de|):>sited,  to  Boston,  where  the  payment  was  to  be  made,  and  equally  impracticable  to  obtain  the  money  on  the 
spot  tor  that  purpi,fte. 


1815.]  THE   SINKING    FUND. 


899 


Thatj  during  the  year  1614,  and  on  Iho  1st  of  January,  1S1.5.  froasury  notes  became  p.ayable  (in  addition  to  (hose, 
payable  in  the  nionilis  of  January  and  February,  1811,  for  the  payment  of  wiiich  money  was  advanced  in  the  year 
1813,  as  stated  in  the  annual  report  of  February,  IHM)  amonnlini;  to  5,.'Jrj7.:i0a  (h)llars!  Of  tliese,  there  was  j)ai(l. 
or  money  advanced  from  the  treasury  for  (heir  payment,  notes  amounting  to  •-',rj5H,ioo  dollars,  at  the  times  and" 
places  stated  in  the  annexed  statement,  marked  L.  From  the  same  causes  as  tiiose  above  stated,  which  prevented 
the  reimbursement  of  die  temporary  loans  payable  to  the  State  iiaiik,  Hoston,  it  was  impracticable  to  |)rovide  at  the 
treasury  for  (he  payment  of  (he  remainder  ol  the  above  mentioned  notes;  and  tln-y  remain  unpaid,  amounting  to 
2,79;),200  dollais.  The  times  when,  and  (he  places  at  uhich,  they  became  payable,  are  exhibited  in  the  annexed 
statement,  maiked  M. 

For  the  payment  of  the  dividend  on  the  domestic  funded  debt,  payable  at  the  loan  office  in  Massachusetts,  on 
the  1st  day  of  October,  1814,  the  commissioner  of  loans  was  furnished  with  a  draft  of  the  Treasurer  of  the  United 
States,  on  the  State  Bank.  Boston,  he  having  at  that  time  a  much  larger  sum  than  was  iiecessary  for  tiiis  object, 
deposited  to  his  credit  in  that  bank.  The  draft  was,  nevertheless,  refused  payment  by  the  bank,  except  upon  the 
condition  of  paying  the  public  creditors,  whose  dividends  amounted  to  100  dollars,  or  upwards,  in  treasury  notes* 
and  the  payment  to  such  of  the  creditors,  as  have  been  paid,  is  understood  to  have  been  made  in  that  wav. 

For  the  payment  of  the  dividend,  payable  at  the  same  loan  office,  on  the  1st  day  of  January,  181;,,  (lie  treasury 
was  unable,  from  the  causes  before  stated,  to  make  any  other  provision  than  (hat  of  (reasury  notes;  and  such  of  the 
public  creditors,  as  have  received  their  dividends  payable  on  that  day.  at  that  loan  office,  have  been  paid  in  those 
notes. 

A  statement  marked  H,  is  annexed,  exhibiting  (he  amount  of  stock  transferred  to  the  Ccmimissioncrs  of  (he  Sink- 
ing Fund,  and  standing  to  (heir  credit  on  the  books  of  the  treasury,  on  the  31st  December.  1814. 

All  which  is  respectfully  submitted. 


February  Gift,  1815. 


A.  J.  DALLAS,  Secret  anj  if  the  Treasury. 


A 

Statement  of  the  application,  during  the  year  1813,  of  the  funds  provided  for  the  Payment  of  the  Principal  and 

Interest  of  the  Public  Debt. 

I.  Paymeyits  on  account  of  the  principcd  of  the  Public  Debt: 
Of  tlie  domestic  debt- 
Annual  reimbursement  of  the  old  six  per  cent-  stock.        -         -         -      $1,007,859  25 
Do.  of  deferred  do.  .         -        -        ..  382,443  74 


1,390,302  99 

Reimbursement  of  temporary  loatis,  .        -        .  1,350,000  00 

of  registered  debt,  including  arrearages  of  interest,  -        -        .        -  29  28 

Payment  of  the  principal  of  (reasury  notes,      --------       4,023,70000 

Stock  purchaseu  by  the  Commissioneis  of  the  Sinking  Fund,  per  state- 
ment L,  annexed  to  the  last  annual  report,  viz: 
Louisiana  (lomestic  six  per  cent,  stock,  .  -  -  .  147.200  00 

Sixper  cent,  slock  of  1812,  .  -  -  -  .  2G7.200  00 


414,400  00 


If.  On  account  of  interest  and  charges. 


7,177,432  27 


1.  Of  the  domestic  debt. 


[merest  for  the  year  1813   on  (he  several  species  of  funded  debt,  as  settled  at  the 

treasury,  .----..  2,519,519  06 

Do.  on  Louisiana  stock  domesticated,       -  139,332  00 


2,658,851   06 
Do.  on  temporary  loans,    -  -  -  127,067  10 

Do.  on  treasury  notes,       -  -  -  217,225  80 


Interest  on  converted  stock,  payable  in  Amsterdam, 

guilders  172  0  7,  at  40  cents,     -  -  -  -  68  94 

Do.'in  London,  J454  2s.  at  4s.  0;/.  -  -  -        2,018  22 


3,003,143  96 


Do.  on  Louisiana  stock,  from  1st  July,  1812,  to  30th  June.  1813,  viz: 

Payable  in  Amsterdam,  guilders  750,000,  at  40  cents,  $300,000  00 
Do.  in  London,  £53,241  19s.  6(/.  at  4s.  C(/.         -    236,63100 


2,087  16 


536,631   00 


Loss  in  exchange  in  transferring  600,000  guilders  from  London  to  Am- 
sterdam, (cost  in  London  al'64.852,)     -  -  .  -  48.231   11 

Commissions  and  charges,  viz: 

At  Amsterdam,  guilders  6,154  11,  at  40  cents,  -     $2,401  82 

At  London.  £1,193.  at  4#.  6</.  -  -  -       5,302  23 

7,764  05 


594.713  32 


3,597,857  28 
Commissions  to  agents  in  America,  for  purchasing  bills,  -----        1,59794 


Treasury  Department,  Registers  Office,  February  3d,  1815. 


3,599.455  22 
$10,776,887  49 


JOSEPH  NOURSE.  Register. 


900 


FINANCE. 


[1815. 


B. 

Statement  of  the  provision  made  before  the  Is/  day  of  January,  1814,  for  the  payment  of  the  Principal  and  Me- 
rest of  the  Public  Debt,  falling  due  after  that  day. 

I.   On  account  of  the  Foreign  Debt. 

1.  Cash  in  the  hantls  of  commissioners  and  agents  in  Europe,  viz 
In  London,  on  the  31st  December,  1813, 


In  Amsterdam,  on  the  same  day, 


£99,658,  7s.  4rf.  at  4s.  6d.    $4.42,926  07 
Guilders,  (a)   502,317  at  40  cents,  200,926  80 


2.  Amount  of  payments  made  at  the  treasury  before  the  1st  day  of  January, 

1814,  for  bills  which  have  been  protested  for  non-payment,  and  which, 

on  that  day,  had  not  been  repaid  into  the  treasury. 

Amount  outstanding  previous  to  the  year  1809,  as  explained  in  report  ot 

February  3,  1809,  -  -  -  -    .       -  ^V  ,      "       o    " 

Ditto  of  bills  purchased  in  1810,  as  explained  m  report  ot  heb.  5,  lbl3,  - 


643.852  87 


$13,357  00 

8,888  88 


22,245  88 


$666,098  75 


7,059  42 


II.  On  account  of  the  Domestic  Debt. 

1.  Cash  in  the  hands  of  commissioners  deceased,  and  out  of  office,  _  - 

3.  Cash  in  the  hands  of  commissioners  in  office,  and  applicable  to  dividends,    1,549,761   10 

3.  Cash  in  the  hands  of  the  Treasurer,  as  agent  for  the  Commissioners  ot  tl  e 

Sinking  Fund,  -  -  -  '         -  -  -  -  -     261,852  15 

4.  Cash  heretofore  advanced  to  a  commissioner  of  loans,  no  longer  in  office,  for  the  reim- 

bursement of  exchange  stock,  and  remaining  unapplied,  -         "  - 

The  demands  to  be  satisfied  out  of  these  funds,  on  1st  January.  1814,  were  as  follows: 
1.  Dividends  payable  by  the  cammissioners  of  loans,  including  the  dividends 
due  on  that  day,  and  exclusive  of  dividends  no  longer  demandable  at 
their  offices,  ..---.-  $1,462,41538 

a.  Divideads  on  stock  staiiding  on  the  treasury  books,  beyond  the  amount 

advanced  to  the  cashiers  for  their  payment,  .  .  -  .       63,616  79 

3.  Unclaimed  dividends  from  the  loan  offices,  payable  at  the  treasury,  be- 
yond the  amount  advanced  to  the  cashiers  for  their  payment,     -  -     201,355  11 


1,818,672  67 

3,821  61 

1,822,494  28 


1.727,387  28 


95,107  00 


Total  amount  of  provision  for  the  public  debt,  reuuinlng  unapplied  on  the  31st  December,  1813,      $761,205  75 


(a.)  Tl'iis  sum.  according  to  the  statements  annexed  to  this  and  the  preceding  report,  would  appear  to  be  517,822 
guilders,  10  stiver?,  or  15,505  guilders,  10  stivers,  more  than  here  stated.  This  difference  arises  from  an  error  in 
the  statement  D.  of  remittances  for  t!ie  year  1813.  annexed  to  the  last  annual  rep:)rt;  the  sum  of  15,505  guilders, 
10  stivers,  tiiere  set  down  as  so  much  remitted  to  Amsterdam  in  1313,  being,  in  fact,  a  psrt  of  the  sum  or300,000 
guilders,  included  in  statement  D,  of  remittances  for  tlie  year  1S12,  annexed  to  the  preceding  annual  rep  )rt;  and 
the  two  several  sums  of  $6,405  80.  and  $481  78,  contained  in  statement  D,  of  remittances  annexed  to  the  annual 
report  for  the  year  1814,  were  additional  payments  made  in  1813,  on  account  of  the  sum  of  300,000  guilders,  in 
eluded  in  statement  D,  of  remittances  for  the  preceding  year.  The  result  of  this  transaction  is,  that  the  sum  of 
15,505  gi'.lders,  10  stivers,  appears  to  have  been  remitted  mure  than  was  actually  remitted;  which  is  corrected  by 
stating  the  balance  in  the  hands  of  the  commissioners  at  Amsterdam  at  its  true  amount  as  above,  502,317  guilders, 
instea(l  of  517,822  guilders,  10  stivers,  which  the  statement  of  remittances  would  produce,  and  the  amount  of  this 
sum  of  15,505  guilders,  10  stivers,  which  is,  at  par,  in  dollars,  6,202  20,  has  beenover  stated  as  a  gain  in  excliange 
on  the  remittances  of  the  year  1813,  and  is  corrected,  by  deducting  that  sum,  in  the  body  of  tiie  present  report, 
from  the  amount  of  gain  0:1  exchange,  as  exhibited  in  the  statement  D,  annexed  to  the  report  oi'  last  year. 


Treasury  Dupartmf.nt,  Register's  Office,  February  3,  1815. 


JOSEPH  NOUllSK,  Register. 


C. 

lAst  of  Warrants  drawn  according  to  latv,  diering  iheyrar  1814,  on  the  Treasurer  of  the  fJnilcd  States,  onaccount 

of  the  payment  of  Interest  on  Louisiana  Stock. 


Warrpnts. 

In  whose  favor  issued. 

Amount. 

Number, 

Date. 

Dollars     Cts. 

7704 
7705 

September  20,  1814, 

Samuel  Flewelling, 
Do. 

161,443  46 
403  60 

$161,847  06 

Included  in  the  foregoing,  is  the  following  warrant  for  cominissitjn  to  ihe  agent  who  purchased  the  bills  of  exchange: 
No.  7705,  September  20,  Samuel  Flewelling,  -  -  -  -  -  $403  60 


1815.] 


THE   SINKING   FUND. 


901 


List  of  Warrants  drawn  according  to  law,  during  (he  year  1814.  onfhe  Treasurer  of  the  United  States   on  account 

of  the  jReimbursement  and  Merest  of  the  Domestic  Debt  "(cuMn: 


Warrants . 


Number. 


6978 
7349 
7366 
7367 
7368 
7374 
7383 
7384 
7385 
7386 
7394 
7395 
7396 
7527 
7710 
7711 
7712 
7713 
7714 
7715 
7716 
7736 
7737 
7738 
7739 
8079 


6976 
7381 
7740 
8070 

8080 


March 
June 


July 
Sept. 


Date. 


24, 
14, 

18, 


21, 

24, 


27, 


7, 
21. 


26, 

4( 

(k 

a 

a 

Dec. 

22, 

March 
June 
Sept. 
Dec. 

24, 
23, 
26, 
16, 

1814, 


In  whose  favor  issued. 


William  White, 
William  Whann, 
Robeit  Habersham, 
Tliomas  Lehre, 
William  Gardner, 
Sherwood  Haywood, 
Edward  Hall, 
John  Stockton, 
Janies  Ewing. 
William  Few, 
Jonathan  Smith, 
William  Whann, 
Thomas  T.  Tucker. 
Robert  Habersham, 
William  Gardner, 
Benjamin  Austin, 
Christopher  Ellery, 
Jonathan  Bull, 
Sherwood  Haywood, 
Thomas  Lehre, 
Robert  Habersham, 
Jonathan  Smith, 
Thomas  Nelson, 
William  White. 
James  Ewing. 
Benjamin  Austin, 


T.  Tucker,  stock  purchased. 
Do.        do.  do.        do. 

Do.        do.  do.        do. 

Do.        do.  do.        do. 

Do.    do.  salesof  public  lands, 


$467,479  29 
551,227  43 
492,394  41 
492,394  41 


Amount. 


l)oll;u-s.     Cts, 


330,652  20 

30,000  00 

1,700  00 

52,000  00 

6,000  00 

1,100  00 

105,838  04 

570  00 

4,200  00 

290,000  00 

37,080  99 

33,145   10 

5,699  4C 

3,475  00 

fi.GOO  00 

200,000  00 

11,500  00 

17,500  00 

2,000  00 

55,000  00 

3,500  00 

37,036  71 

13,000  00 

345,000  00 

5,000  00 

315,000  00 


$1,912,897  50 


2,003,495  54 
1,021,058   19 


1,937,451  23 


List  of  Tfarrants  drawn  according  to  law,  in  the  year  1814,  on  the  Treasurer  of  the   United  States,  on  account 

of  the  reimbursement  of  temporary  loans. 


Warrants. 

In  whose  furor  issued. 

Amount, 

Number. 

Date. 

Dollars     Cts. 

7947 
7963 

NoTr.        16, 
22, 

1814, 

it 

James  Cox,          .               -               -               - 
John  Dawson,      -              -              -              - 

1 

100.000  00 
150,000  00 

$250,000  00 

U4 


tt 


902 


FINANCE. 


[1815, 


/•t/  o/  TVnrrants  drawn  according  to  law,  in  the  year  1814,  on  the  Treasurer  of  the  United  States,  on  account  of 
-^**'  "J  the  interest  on  Temporary  Loans. 


Number. 


6822 
6823 
6824 
6832 
7141 
7142 
7143 
7144 
7575 
7576 
7577 
7578 
7866 
7867 
7868 
7870 
7967 
8040 


Warrants. 


Date. 


January     12,     1814, 

<i  u  " 


April 


13, 

8, 


a 

a 

July 

25, 

a 

a 

a 

a 

October 

8, 

a 

n 

ti 

a 

Novem. 
Decern. 

25, 
3, 

In  whose  favor  issued. 


Levi  Cutler, 
State  Bank,  Boston,    - 
John  Dawson, 
Bank  of  Baltimore, 

Do. 
John  Dawson, 
State  Bank,  Boston,    - 
Levi  Cutler, 

Do. 
John  Dawson, 
Bank  of  Baltimore, 
State  Bank.  Boston,    - 
Bank  of  Baltimore, 
Levi  Cutler, 
Joiin  Dawson, 
State  Bank,  Boston,    - 
Bank  of  Baltimore, 
John  Dawson, 


Amount. 


Dollars.     Cts. 


750  00 

14,307  06 

2,250  00 

2,250  00 

1,500  00 

2,250  00 


7,500 

00 

750 

00 

750 

00 

2,250 

00 

1,500 

00 

7,500 

00 

1,500 

00 

750 

00 

2,250 

00 

7,500 

00 

750 

00 

1,491 

84 

$57,798 

90 

List  of  Warrants  drawn  according  to  law,  in  the  year  1814,  on  the  Treasurer  of  the  United  States,  on  account  of 

nayinsr  of  the  Principal  and  Interest  of  Treasury  Notes. 


Warrants. 

In  whose  favor  issued. 

Amount. 

Number. 

Date.                    ^ 

Dollars.     Cts. 

6855 
6861 
6969 
6979 
7212 
7668 
7864 
7908 
7909 
7929 
7930 
7951 
7958 
8009 
8023 
8077 

January    24,      1814, 

u                21,             " 

March       18, 

"           24,         " 

April         27, 

Septr.        14, 

October      8,          " 

"            26,          " 
a               a               <i 

Novr.         8, 

((               a               «t 

"             16,          " 
"              17,          " 
"             26, 
Deer.          1, 

19,          " 

Benjamin  Austin,         -                  -                  - 
William  Few,               -                  -     ■    '         - 
Robert  Habersham,      -                  -    . 
William  AVhite, 

Do.        do.               - 

Do.        do.               -                  -       ,           - 

Do.        do.               -                  -     ■■ 

Do.        do.               - 
Benjamin  Austin, 
William  Few, 

AViiliam  AVhite,           -                  -                  . 
AVilliam  Few,               -                   ^       ^           - 
AVilliam  White,           -                  -                   ■ 
Edward  Hall,               -                  -                  - 
Robert  Habersham,      -                  -    : 
AVilliam  AVhite,           -                  -     -            . 

210,800  00 

558,409  20 

210,800  00 

66,402  00 

31,620  00 

111,513  20 

22,977  20 

10,540  00 

527,000  00 

347,820  00 

86,131   80 

105,400  00 

•383,526  00 

105,400  00 

105,400  00 

196,044  00 

$2,979,783  40 

i 


RECAPITULATION. 


Ji 


Interest  on  Louisiana  Stock, 

Reimbursement  and  interest  of  the  domestic  debt,    - 

Reimbursement  of  temporary  loans, 

Interest  on  temporary  loans. 

Principal  and  Interest  of  treasury  notes,    - 


$161,847  06 

4,937,451   23 

250,000  00 

57,798  90 

2,979,783  40 

$8,386,880  59 


Treasury  Department,  Register's  Office,  February  Z,  1816. 


JOSEPH  ll^OURSE,  Register. 


1815,] 


THE    SINKING    FUND. 


903 


D. 


Amount  of  Remittances,  during  the  year  1814,  on  account  of  Interest  on  Louisiana  Stock  in  Europe. 


25,139  13  5    pounds  sterling, 

5,600  00  0 
10,04(5     6  5 


lO.i  per  cent,  discount, 

11  ditto, 

12  ditto. 


40,785   19   10 


Cost, 


Applied  to  remittances,  -  -    '       - 

Paid  agents  for  commissions,     ----._.. 
Amount  of  warrants  issued  in  the  year  1814,  on  account  of  the  interest  on  Louisiana  stock 
as  per  preceding  statement  C,  - 


40,785  19  10  pounds  sterling,    at  par. 
Paid  for  remittances,  as  above. 


Gain  in  Exchange. 


Gain  in  exchange  in  1814, 
Treasury  Dep.\htment, /?f^i*;er's  Office,  February  Z,  1815. 


$100,000  00 
22,151  11 
39,292  35 

$1C1,443  40 

$161,443  46 
403  60 


$161,847  06 


$181,271  07 
161,443  46 

$19,827  61 


JOSEPH  NOURSE,  liegister. 


E. 


Stateinent  of  Repayments  into  the  Treasury,  during  the  year  1814,  on  account  of  the  Public  Debt. 


Warrants. 


Date. 


Number. 


On  whom  drawn. 


Principal 
Amount. 


December  31,  1814, 


2237 


2236 


On  William  White,  commissioner  of  loans,  Pennsylvania,  out 
of  moneys  remaining  in  his  hands  unexpended,  which  were  here- 
tofore advanced  for  the  payment  of  principal  and  interest  of 
treasury  notes,      ---.... 

On  John  W.  and  Gilbert  Russell,  being  on  account  of  their  bill 
oi  exchange  lor  £2,000  sterling  on  Conway  and  Davidson, 
dated  September  10,  1810,  returned  protested. 


$283,526  00 


2,810  65 


$286,336  65 


Treasury  Department,  ^e^zsfer's  Office,  January  21,  1815. 


JOSEPH  NOURSE,  Register. 


F. 

An  estimate  of  the  application,  made  in  the  year  1814,  of  the  finds  provided  for  the  payment  of  the  Principal  and 

Interest  of  the  Public  Debt. 


1.   On  account  of  the  Principal. 

1.  Reimbursement  of  the  old  si.x  per  cent,  and  deferred  stocks,  estimated  at 

2.  Do.  of  temporary  loans  ---... 

3.  Do.  of  principal  of  treasury  notes,  -  -  .  .  . 

2.  On  account  of  Inlerat  and  Charges. 

1.  Interest  on  domestic  funded  debt,  estimated  at        - 

3.  do.      on  Louisiana  stock  ddmssticated,                ...... 

3.  do.      on  temporary  loans,  .--.... 

4.  do.       on  treasury  notes,    -------- 

5.  Interest  and  charges  on  Louisiana  stock,  payable  in  London  and 

Amsterdam,  -  -  -  -  -  -        $496,009  71 

Commissions  to  agents  in  America,  purchasing  bills,       -  -  403  60 


$1,475,635  90 

250,000  00 

2,558,100  00 


$3,733,130  93 

161,868  00 

57,798  90 

138,137  40 


496.413  31 


4,283,735  90 


4,586,348  51 
$8,870,0^i    4! 


Treasury  Department,  Register's  Office,  February  3,  1815, 


JOSEPH  NOURSE.  Register. 


g0^  FINANCE.  [1815. 


G. 

^n  estimate  of  the  funds  provided  before  the  1st  January,   1815, /or  the  payment  of  principal  and  interest  of  the 

Public  Debt,  falling  due  after  that  day. 

I.  On  account  of  the  Foreign  Debt. 

« 'ash  in  the  hands  of  commissioners  and  agents  in  Europe,  and  remittances  outstanding  on  the  31st 

December,  1813,  per  preceding  statement  B,  --.-...  $643,852  87 

The  remittances  made  during  the  year  1814,  per  preceding  statement  D,  were — 

To  London,  ..-.-.-.-        de40,785  I9s.  \0d.  at  4s.  6(/.  181,271  07 

To  be  accounted  for,  -  -  •'  -  -     .       -  -  -  -  -      $825,123  94 

Amount  applied  during  the  year  1814,  per  preceding  estimate  F,  is  calculated  to  have  been,  for  in- 
terest and  charges  m  Europe,  at        _..-----.        496,009  71 

The  balance  in  the  hands  of  agents  in  Europe,  or  in  remittances  outstanding,  may  therefore  be  es- 
timated, on  the  31st  December,  1814,  at        .---.---         339,11423 

The  amount  of  protested  bills  outstanding,  and  unrecovered  on  31st  Dec.  1813,  was  $22,245  88 

The  amount  that  was  recovered  in  1814  on  account  of  J.  W.  and  G.  Russell's  pro- 
tested bill  for  £2,000  sterling,  _...-.-  2,81065 


And  left  outstanding  and  unrecovered,  on  the  31st  December,  1814,     -  -  -  .  .  19,435  23 

348,549  46 
II.  From  which  deduct,  on  account  of  Domestic  Debt, 

For  amount  short  advanced  for  the  payment  of  dividends  on  the  said  debt,  consisting  principally  of 

unclaimed  dividends  payable,  but  not  demanded  at  the  treasury,     -  -  -  -  -         337,056  60 


$11,492  86 


Treastrt  Departmem.  Register's  Office,  February  3.  1815. 


JOSEPH  NOl'RSE,  Register. 


1815.] 


THE    SINKING   FUND. 


905 


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FINANCE. 


[181: 


Statement  of  moneys  arising  from  the  interest  on  stock  transferred  to  the  United  States,  being  the  amount  drawn 
by  the  agent  to  the  Trustees,  for  the  redemption  of  the  public  debt,  during  the  year  ISU,  pursuant  to  the  act  of 
May  8,  1793,  agreeably  to  statements  made  at  the  treasury. 


1814.  March  24,  warrant  No.  6976,  per  treasury  statement,  No.  28,411, 
June    23,  do.      7381,  per  do.  No.  28,803, 

Sept.    26,  do.      7740,  per  do.  No.  29,226, 

Dec.    16,  do.       8070,  per  do.  No.  29,610, 


$467,479  29 
551,227  43 
492,394  41 
492,394  41 

$2,003,495  54 


Treasury  Department,  Begisier^s  Office,  February  3,  1815. 


JOSEPH  NOURSE,  Register. 


K. 

Statement  of  moneys  drawn  by  the  Jlgentfor  the  Trustees  for  the  redemption  of  the  public  debt,  in  theyear  1814, 
being  on  account  of  moneys  received  into  the  treasury,  from  the  sale  of  public  lands,  pursuant  to  the  act  of  March 
'S,\19b,  agreeably  to  statements  made  at  the  treasury. 


1814.  December  22,  warrant  No.  8080,  per  statement  No.  29,610, 


-     $1,021,058  19 


Treasury  Department,  Begister^s  Office,  February  3,  1815. 


JOSEPH  NOURSE,  Register. 


L. 

Statement  of  Treasury  Notes  which  became  payable  in  the  year  1814,  and  which  were  paid,  or  the  moneys  advanced 

from  the  treasury  for  their  payment,  during  that  year. 


Times  when  payable. 

Where  payable. 

Total. 

Boston. 

New  York. 

Philadelphia. 

Baltimore. 

Savannah. 

February    1,  1814.      - 
April          1, 
11, 
May           1, 
September  1, 

"            11, 
October    11, 
November  1, 

"           11, 

"           21, 
Dec.            1, 

"            11, 

200,000 
500,000 

529,800 

330,000 
100,000 

42,000 
21,000 
30,000 

100,000 

5,800 

21,800 

1(;,000 

81,700 

186,000 

100,000 

200,000 
100,000 

$729,800 

242,000 

21,000 

30,000 

100,000 

5,800 

21,800 

510,000 

411,700 

286,000 

100,000 

100,000 

Dollars, 

700,000 

959,800 

498,300 

100,000 

300,000 

$2,558,100 

M. 

Statement  of  Treasury  Notes,  which  became  payable  in  the  year  1814,  and  on  the  1st  January,  1815,  jvhich  were  not 

paid. 


Times  when  payable. 

Where  payable. 

Total. 

Boston, 

New  York. 

Philadelphia. 

1814.  November  21, 
December    1, 

"           11, 
"            21 

1815.  January        1, 

600,000 
30,000 

570,000 
100,000 

400,000 

83,000 
366,200 
600,000 

50,000 

$83,000 

1,536,200 

700,000 

30,000 

450,000 

Dollars, 

630,000 

1,070,000 

1,099,200 

$2,799,200 

1815.] 


THE   MINT. 


907 


13th  Congress.] 


No.  445. 


[3d  Session. 


Sir: 


with 
and  re, 


M  INT. 

COMMTTNICATED   TO   THE    HOUSE    OF    REPRESENTATIVFS,    FKBRtARY    23,    1815. 

Treasury  Department,  February  22,  1815. 

I  have  the  honor  to  transmit,  herewith,  a  letter  from  the  acting  Comptroller  of  (he  Treasury,  accominuied 
sundry  statements,  which  have  been  prepared  in  obedience  to  the  act,  entitled  '*  An  act  estahlishiii"  i  mint 
■eguiating  the  coins  of  the  United  Suites,"  passed  April  2d,  1792.  i  suiuiiMiin^  a  mint. 


I  have  the  iionor  to  be,  very  respectfully,  sir,  your  obedient  servant, 
The  Hon.  the  Speaker  qf  the  House  qf  Representatives- 


A.  J.  DALLAS. 


Treasury  Department,  Comptroller's  Office,  Febntanj  22   1815 
Sir:  ' 

The  statements  marked  A,  B,  and  C,  have  been  prepared  pursuant  to  the  seventh  section  of  an  act  of  Con- 
fess, passed  the  2d  of  April,  1792,  entitled  "  An  act  establishing  a  mint,  and  regulating  the  coins  of  the  United 
States."  They  contain  all  the  information,  relative  to  the  transactions  of  the  mint,  wluch  the  settlements  made  at 
the  treasury  enable  me  to  attbrd. 

I  have  the  honor  to  be,  sir,  with  great  respect,  your  obedient  servant, 

NATHAN  LUFBOROIJGH,  .actmg  Comptroller. 
Alexander  James  Dallas,  Esq.  Secretary  of  the  Treasury. 


Statement  exhibiting  the  balaticeof  Gold  and  Silver  Bullion  remaining  in  the  hands  of  the  officers  of  the  Mint  on 
the  3lst  December,  1813;  the  amount  deposited  fro?n  \st  Junuury  to  3lst  December,  1814;  the  diffierent  species 
of  coins  made  and  paid  on  account  of  deposites,  allowance  for  wastage,  cmd  the  balance  remcdning  in  the  hands 
of  the  officers  of  the  Mnt  on  the  31st  December,  1814,  to  be  accounted  for  on  a  future  settlement. 


'. 

()z.     Dwt.  Gr 

Dolls.    Cts.  M. 

Balance  of  gold  bullion,  «Stc.  remaining  in  the  hands  of  the  officers  of  the  mint 
on  31st  December,  1813,             -.--... 
Gold  bullion  deposited  from  the  1st  January  to  the  31st  December,  1814, 

1,169  09  05 
3,262  02  06 

20,788   16  5 
57,993  08  5 

Total  amount,      -            -            -            - 

1,431    11    11 

78,781   25  0 

Amount  paid  for  deposites  of  gold  from  1st  January  to  31st  December,  1814, 
Add  gold  coins  in  the  hands  of  the  treasurer  of  the  mint  on  December  31st.  1814, 

Dolls,  cts.  mills. 
43,624  41     5 

1,743  52     5 

117,559  08  0 
5,078  86  0 

Deduct  this  sum,  being  a  balance  of  gold  coins  in  the  hands  of  the  officers  of  the 
mint  31st  December,  1813,          --...-- 

And  this  sum, being  the  amount  of  a  treasury  warrant,  issued  to  cover  wastage  in 
the  coinage  of  gold,         .------. 

122,637  94  0 
45,367  94  0 

ozs.  dwts.  grs. 
4,346  08  18 
68  17  06 

16  05   11 

Gold  coins  made  at  the  mint  from  1st  January  to  31st  December,  1814,  viz:  half 

eagles,  15,454.     Weight  and  value,        ---_._ 

Gold  bullion  in  the  hanfis  of  the  officers  of  the  mint  on  the  31st  December,  1814, 

Profit  and  loss  account  for  this  sum  allowed  for  wastage  in  the  coinage  oi"  gold 

in  1814,    ---------- 

77,270  00  0 
1,221   96  0 

289  29  0 

As  above,              -            -            .            . 

4,431    11    11 

78,781   25  0 

Balance  of  silver  bullion,  &c.  remaining  in  the  hands  of  the  officers  of  the  mint, 
31st  December,  1813,      -------- 

Silver  bullion  deposited  from  1st  January  to  31st  December,  1814, 

86,726  05   17 
404,994  00  00 

100,067  45  5 
467,300  91   5 

Total  amount,     -           -            -            - 

591,720  05   17 

567.368  37  0 

Amount  paid  for  deposites  of  silver  from  1st  January  to  the  31st  December,  1814, 

Add   silver  coins  in  the  hands  ot  the  officers  of  the  mint  on  31st  December, 

1814,         ------                            -              -              . 

Dolls.  Cts.  mills. 
63,453  27  00 

2.381   92  00 

600,162  48  5 
27.360  20  5 

Deduct  this  sum,  being  a  balance  of  silver  coins  in  the  hands  of  the  treasurer 

of  the  mint,  31st  December,  1813,          -            -            - 
And  this  sum,  being  the  amount  of  treasury  warrant,  issued  to  cover  wastage 

ill  the  coinage  of  silver,              ------- 

627,522  69  0 
65.835   19  0 

ozs.  dwts.  grs. 
4^6,795   16   18 
2,995  11   06 

1,928   17   17 

Silver  coins  made  at  the  mint  from  1st  January  to  31st  December,  1814,  viz:  half 

dollars.  1,039,075,  and  dimes,  421,500.     Weight  and  value,  - 
Silver  bullion  in  the  hands  of  the  treasurer  of  the  mint  31st  December,  1814,     - 
Profit  and  loss  account  for  this  sum,  allowed  for  wastage  in  coinage  of  silver  in 
1814,        -----...--- 

561,687  50  0 
3,455  04  0 

2.225  63  0 

As  above,           -            -           -            - 

491,720  05   17 

567,368  17  0 

Comptroller's  Office,  February  16,  1815. 


ANDREW  ROSS,  Clerk. 


908 


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PROTECTION    TO    M  AN  U  F  ACT  TRES. 


909 


c. 


Summary  Statement  exhibiting  the  value  of  Coins  made  at  the  Mnt,-  the  amotint  of  diiburscmmtn  on  account  of 
the  establishment;  the  amonnt  ulloiaed  for  wastage;  the  amount  retained  of  denosites;  and  the  amount  gained 
on  the  coinage  of  copper,  from  the  commencement  of  the  institution  to  the  'hst  December,  1814. 


Value  of  gold,  silver,  and  copper  coins,  made  at  the  mint,  to  the  31st  Deceml)cr,  ISl.'}, 
Value  ol'gold  coins  made  from  1st  January  to  31st  Oecember,  1811,  per  account  A, 
Value  of  silver  coins  made  from        do.        to  do.  do. 

Value  of  copper  coins  made  from      do.        to  do.  do.  B, 


Total  value  of  gold,  silver,  and  copper  coins, 

Nett  charge  on  the  coinage  of  gold,  silver,  and  copper,  to  the  31st  December,  1813, 
per  account  rendered,         ------.. 

Add  amount  gained  on  the  coinage  of  copper  to  the  same  period,        do.     - 


From  which    deduct  amount  of   wastage  on  gold  and  silver  to  31st  December, 
1813,  -  -  -  -  -  -  -  -     $48,695  73.5 

To  the  above  add  the  amount  retained  from  depositcs  to  the  same 

period,  --------  4,833  71.5 


Add  amount  disbursed  on  account  of  the  establishment  from  January  ist  to  31st 
December,  1814,     --------- 

Add,  also,  the  amount  of  wastage  on  gold  and  silver  to  the  31st  December,  1813,  - 
Do.      from  1st  January  to  31st  December,  1814.  -  -  .  . 

From  the  above  deduct  the  amount  retained  from  dcposites  to  31st  December, 
1813,  --------       $4,833  71.5 

Also,  amount  retained  from  1st  January  to  31st  December,  1814,      -  63  76.5 


Deduct  amount  gained  on  the  coinage  of  copper  from  the  commencement  of  the  in- 
stitution to  the  31st  December,  1814,  per  account  rendered  for  the  year  1813,    - 

Nett  amount  chargeable  to  the  coinage  of  gold,  silver,  and  copper,  from  the  com- 
mencement of  the  institution  to  the  31st  December,  1814,  including  cost  of  lots, 
buildings,  machinery,  &c.  -------- 


DolhiTs.  cts. 


77,270  00 

561,687  50 

3,578  30 


457,700  47 
38,848  65 


496,549   12 


53,529  45 


Dolls.  CIS.  M. 
12,806,644  49 

612,535  80 


13,449,180  29 


48,695  73.5 
2,514  92 


51,210  65.5 


4,897  48 


443,019  67 
18,991   14 


46,313   17.5 


508,323  98.5 

38,848  65 


$469,475  33.5 


Comptroller's  Office,  February  16,  1815. 


ANDREV/  ROSS,  Clerk. 


13th  Congress.] 


No.  446. 


[3d  Session. 


PROTECTION  TO  MANUFACTURES. 

COMMUNICATED   TO   THE    HOUSE    OF   REPRE9ENTATIVE.S,    FEBRUARY   25,  1815. 

To  the  Hoiiorable  the  Senate  and  House  of  Representatives  of  the   United  States  in  Congress  met,  the  memorial 
of  the  manufacturers  of  the  city  and  county  of  Philadelphia  respectfully  showeth: 

That  your  memorialists,  while  filled  with  joy  and  exultation  for  the  restoration  of  the  inestiniable  blessing  of 
honorable  peace  to  their  country,  cannot  divest  themselves  of  anxiety  and  dread  for  the  tate  of  the  infant  manufac- 
tures, whose  existence  and  prosperity  are  unquestionably  of  vital  importance  to  the  whole  community.  That,  trust- 
ing to  Providence,  to  the  wisdom  and  protection  of  your  honorable  body,  and  to  their  own  industry,^  they  look 
forward,  with  hope,  to  tlie  permanent  establishment  of  such  nianufiictures  as  shall  render  the  United  States  inde- 
pendent on  foreign  nations  for  the  necessaries  and  comforts  ot  life.  _ 

That,  confiding  implicitly  in  the  wisdom  and  patriotism  of  your  honorable  body,  your  memorialists  wdl  not  pre- 
sume to  suggest  any  particular  measure,  but  will  content  themselves  with  observing,  that  every  civilized  nation  has 
thought  proper,  by  legislative  acts,  to  aflbrd  to  the  industry  of  their  respective  countries  that  protection  and  support 
necessary  to  bring  forth  to  maturity  the  establishment  of  manufactures  necessary  to  their  existence  and  prosperity. 
The  intimate  connexion  of  the  agricultural  with  the  manufacturing  interest,  and  the  extreme  impoitance  of  a  com- 
petent supply,  in  times  of  war,  for  the  army  and  navy  of  tlie  United  States,  without  dependence  on  foreign  aid,  will 
be  so  obvious  to  your  honorable  body  as  to  require  no  comment  on  the  part  of  your  memorialists. 

But  your  memorialists  respectfully  beg  leave  to  call  the  attention  of  your  honorable  body  to  the  existence  and 
correction  of  an  abuse,  which  is,  at  the  same  time,  destructive  of  the  revenue  of  the  United  States,  highly  injurious 
to  the  honest  merchant,  and,  if  persisted  in,  will  lender  entirely  useless  any  law  enacting  protecting  duties. 
This  abuse  is  the  introduction,  through  the  custom  houses  of  our  country,  ot  merchandise  subject  to  ad  valorem 
duties,  at  from  one-fourth  to  one-half  of  their  value.  This  enormity,  practised  m  various  shapes,  cannot  be  checked 
115  tt 


q.q"  finance.  [181: 


hv  mv  mo\Uwn  of  the  present  revenue  laws,  and  it  is  to  tlie  wisdom  of  your  honorable  body,  alone,  that  your  me- 
morhfi-Jts  intl  the  country  can  look  for  a  competent  remedy.  This  remedy  may  probably  be  found  in  the  substitu- 
tion of 'specific  fur  ad  valorem  duties,  or  in  the  establishment  ot  a  board,  at  each  custom  house,  possessing  the  r»- 
niiisite  nower;  whicii  board  migiit  be  composed  of  the  collector  and  naval  officer,  and  one  respectable  competent 
individual  capable  of  deciding  on  the  value  of  merchandise  imported.     The  extraordinary  expense  to  be  borne  by 

tiic  merchandise  imported.  ,,       .  r        ^u  •      ii  i  -ii,      •  r    ;. 

Your  memorialists  respectfully  add,  tiiat,  in  making  the  above  suggestion,  they  resign  themselves,  with  perfect 
confidence  to  the  belter  judgment  of  your  honorable  body.  And  for  the  welfare  of  your  honorable  body  your  me- 
morialists ^dl  ever  sincerely  pray.      •  _  THOMAS  GILPIN,  and  others. 


18th  Congress.]  No.  447.  [3d  Session. 

ESTIMATED  REVENUES    FOR    1815: 
Lean,  New  Issue  of  Treasury  Notes,  and  the  Prohibition  of  the  Exportation  qf  Specie,  recommended. 

COMMUNICATED  TO  THE  HOUSE  OF  REPRESENTATIVES,  FEBRUARY  25,  I8I5. 

•  •T..      ..        '  ^  Treasury  Department,  February'20,  1815. 

I  have  the  honor  to  acknowledge  the  receipt  of  your  letter,  dated  the  15(h  instant,  which,  in  consequence  of 
the  teimination  of  the  war,  requests,  in  behalf  of  the  Committee  of  Ways  and  Means,  "  a  view  of  the  probable  re- 
ceipts from  imports  and  tonnage,  during  the  year  1815,  and  any  other  information  that  may  enable  the  committee  to 
decide  on  the  measures  necessary  to  meet  the  unexpected  and  fortunate  change  which  peace  must  produce  in  the 
resources  of  the  United  States."  It  has  hitherto  been  my  arduous  and  painful  employment  to  suggest  to  your 
consideration,  measures  for  relieving  the  embarrassments  of  the  treasury,  with  a  view  to  the  expenditures  of  a  pro- 
tracted war.  And  you  will  readily  believe,  that,  on  every  account,  personal  as  well  as  public,  I  join  you,  most 
sincerely,  in  rejoicing  at  an  event  which  brings  with  it  an  immediate  alleviation  of  the  pressure  upon  this  Depart- 
ment, as  v.ell  as  a  general  assurance  of  national  honor  and  prosperity. 

The  objects  which  claimed  the  attention  of  the  committee,  in  my  former  communications,  were,  1st,  The  state 
of  the  public  credit;  3d,  the  state  of  the  circulating  medium;  and,  3d,  the  ways  and  means  to  defray  the  various 
expenses  of  the  Government. 

1.  The  public  credit  was  depressed  during  tiie  war,  owing  to  several  causes  that  must  now  cease  to  operate. 
All  the  circumstances,  internal  and  external,  which  were  calculated  to  excite  doubt  as  to  the  duration,  or  as  to  the 
issue  of  the  contest,  in  the  minds  of  the  cautious  and  the  limid,  have  passed  away;  and,  in  their  place,  the  proofs 
of  confidence  begin  already  to  appear,  with  practical  advantage.  While  it  was  doubtful  to  \vhat  extent  the  public 
exigencies  would  require  the  aid  of  loans,  those  persons  who  retained  the  means  of  lending,  either  feared,  or  afiected 
to  fear,  the  eventual  security  of  the  Government;  and  even  the  exemplary  display  of  the  national  resources,  which 
has  been  made  during  the  present  session  of  Congress,  for  the  benefit  of  the  public  creditors,  was  curtailed  of  its 
natural  effect,  in  the  resuscitation  of  public  credit,  by  the  countervailing  influence  of  causes  which  it  is  unnecessary 
to  specifj'.  But  when  the  whole  amount  of  the  public  debt,  incurred  during  the  war,  is  fixed  and  ascertained; 
when  it  is  known  that  ample  provision  is  made  for  the  punctual  payment  of  the  interest,  and  for  the  gradual  extin- 

.  guishment  of  the  principal  of  the  debt;  and  when,  above  all,  it  is  seen  that  Congress  is  inflexible  in  its  adherence  to 
the  faith  and  policy  of  the  legislative  pledges,  the  public  credit  of  the  United  States  will  stand  upon  a  basis  the  most 
durable  and  the  most  honorable. 

2.  The  difficulties  of  the  national  circulating  medium,  remain,  however,  to  be  encountered,  under  circumstances 
which  the  Government  cannot  control.  The  efiects  of  the  peace  will  certainly  restore  a  metallic  medium;  but, 
until  that  lesult  be  produced,  the  only  resource,  for  all  the  pecuniary  transactions  of  the  treasury,  as  well  as  of 
individuals,  will  be  the  issues  of  treasury  notes,  and  the  notes  of  the  State  banks.  If,  indeed,  the  State  banks  were 
soon  to  resume  their  payments  in  specie;  or  if  they  were  again  to  give  credit  and  circulation  to  the  notes  of  each 
other,  throughout  the  United  States;  and  if  they  were,  moreover,  able  and  willing  to  accommodate  the  fiscal  views 
of  the  Government,  (which  I  do  not  permit  myself  for  a  moment  to  doubt)  a  total  dependence  upon  those  institu- 
tions, however  impolitic  in  the  abstract,  would  be  practically  safe  and  beneficial.  But  if,  on  the  other  hand,  the 
notes  of  the  State  banks  shall  continue  limited,  in  circulation  and  use,  to  the  city,  the  town,  or  the  State,  in  which 
they  are  issued,  it  must  be  obvious,  that  they  cannot  answer  the  purposes  of  a  national  medium;  and  that  the  receipt 
of  such  notes,  in  payments  for  duties  of  import,  or  internal  duties,  will  convert  the  public  revenue,  which  is  destined 
for  general  uses  abroad,  as  well  as  at  home,  into  a  local  fund,  that  may  not  be  wanted  where  it  exists,  and  cannot 
be  applied  where  it  is  wanted.  It  is,  nevertheless,  in  the  power  of  Congress  to  obviate,  in  a  considerable  degree, 
this  difficulty,  by  authorizing  the  payment  of  a  reasonable  rate  of  exchange,  upon  the  transfer  of  its  revenue  irom 
the  places  of  collection  and  deposite,  to  the  places  of  demand  and  employment;  and  1  respectfully  recommend  the 
expedient  to  the  consideration  of  the  Committee  of  Ways  and  Means. 

The  alternative,  or  concurrent  resource  of  treasury  notes,  for  a  national  circulating  medium,  has,  on  other  occa- 
sions, been  considered.  The  security  of  the  Government  must  always,  upon  every  reasonable  and  candid  estimate, 
be  deemed  superior  to  the  security  of  any  private  corporation;  and,  so  far  as  treasury  notes  bear  an  interest,  and  are 
receivable  in  the  payment  of  duties  and  taxes,  they  are  evidently  more  valuable  than  bank  notes,  which  do  not  pos- 
sess those  characteristics.  But  the  machinery  of  a  bank  is  calculated  to  give  an  impulse  and  direction  to  its  issues 
of  paper,  which  cannot  be  imparted  by  the  forms  of  the  treasury,  or  any  merely  official  institution,  to  the  paper  of 
the  Government.  In  the  operations  of  a  bank,  too,  the  facilities  of  bank  credits  supply  the  place,  in  a  very  im- 
portant degree,  ot  the  issues  of  notes;  so  tiiat  a  bank  loan  of  thirty  millions  of  dollars,  for  instance,  would,  probably, 
require  no  greater  issue  than  six  millions  of  dollars  in  notes.  On  the  contrary,  the  whole  amount  of  whatever  sum 
IS  to  be  raised  by  an  issue  of  treasury  notes,  must  be  actually  sent,  in  the  form  of  treasury  notes,  into  the  market, 
through  the  various  channels  of  credit  or  demand,  it  is,  however,  to  be  admitted,  that  an  issue  of  treasury  notes, 
not  greatly  exceeding,  in  amount,  the  demand  created  for  them  by  the  duties  and  taxes,  for  which  they  are  receiva- 
ble, can  be  annually  sustained;  but,  if  the  amount  exceeds,  or  even  equals,  the  amount  of  that  demand,  the  revenue 
Mill  generally  be  absorbed  by  the  notes,  before  it  reaches  the  treasury;  the  holder  of  the  treasury  notes  being  thus 
paid,  in  preference,  and  often  to  the  exclusion,  of  every  other  public  creditor,  and  the  other  branches  of  the  public 
service  being  thus  deprived  of  the  contemplated  means  for  their  support. 

It  is  proper  here  to  observe,  tliat  the  actual  issue  of  treasury  notes  on  this  day,  (including  those  due  and  unpaid, 
those  which  are  daily  becoming  due,  and  those  which  have  been  ordered,  but  are  not  yet  signed)  amounts  to  the  sum 
ot  $18,6.37,436  80  cents,  and  the  amount  will  be  constantly  augmenting.  If,  therefore,  the  revenue  for  the  year 
1815,  ennched  by  the  duty  on  imports,  and  by  the  other  beneficial  effects  of  the  peace,  should  amount  to  twenty 


1815.]  REVENUES    FOR   THE   YEAR  1815. 


911 


millions  of  dollars,  it  is  still  evident  that  the  whole  of  the  revenue  might  be  expended  in  (lie  >in<'le  purpose  of  pavin<' 
the  treasury  note  debl;  leaving  every  othei-  object  of  tlie  Governiiieiu  to  lie  providcil  for  by  loa"!is,  or  by  new  issued 
of  treasury  notes. 

Having  suggested  the  difficulty  and  the  danger,  I  cannot  presume  lo  dwell  upon  any  expedient  for  relief,  which 
Congress  has  already  refused  to  adopt;  but  1  take  the  liberty,  with  deference  and  lespi-ct,  lo  renew  the  recommen- 
dation of  the  plan  that  was  submitted  to  your  consideration,  in  my  letter  of  the  l~fh  of  January  last,*  under  a  be- 
lief, that,  considering  the  outstanding  amount  of  treasury  notes,  any  new  issue  should  be  made  to  res\  upon  a  basis 
that  wdl  enable  the  (government  to  employ  it,  both  as  a  circulating  medium,  and  as  the  means  of  ri''^in"-  money  in 
aid  of  the  revenue.  How  far  a  power  given  to  fund  the  treasury  notes,  upon  an  ad\ance(l  interest,  or  to  pass  them 
m  payment  of  taxes  and  duties,  will  be  sufficient  tor  the  purposes  contemplated,  without  providing  other  means  of 
payment  by  regular  instalments,  I  must  submit  to  tlie  judgment  of  Hie  commitlee. 

3.  The  ways  and  means  lo  defray  the  various  expenses  of  the  Gnveinnunt.  for  I8I5,  will  consist  of  the  revenue 
which  will  be  actually  received  at  the  treasury  during  that  year,  it  is  not  intended,  on  th.-  one  hand,  to  take  into 
view  the  balances  due  upon  the  appropriations  of  preceding  years,  nor.  on  (he  olhcr  hand,  t.)  take  into  view  the  re- 
venue wliich  will  accrue  in  the  present  year,  but  which  will  not  be  payable  unfil  Ihe  year  181G. 

The  direct  amelioration  of  the  resources  of  the  country,  in  conscquvnce  of  Ihe  peace,  applies  principailv  to  the 
item  of  the  duties  on  import  and  tonnage.  The  efiect,  however,  must  be  confined,  with  immaterial  except'ions.  for 
1815,  to  two-thirds,  or  the  eight  concluding  months  of  the  year.  The  West  India  trade  will  produce  little,  "and 
the  European  trade  nothing,  by  way  of  revenue,  before  the  first  of  May  next.  Some  outstanding  adventures  beyond 
the  Cape  of  Good  Hope,  will  liardly  be  brought  home,  upon  the  intelligence  of  peace,  before  the  present  year  has 
expired.  Considering,  therefore,  that  a  credit  of  eight,  ten,  and  twelve  months,  is  allowed  for  the  duties  on  mer- 
chandise imported  from  Europe,  and  that  a  credit  of  three  and  six  months  is  allowed  for  the  duties  on  merchandise 
imported  from  the  ^^'est  Indies,  it  is  evident'that,  whatever  may  be  the  amount  accruins  on  merchandise  imported 
from  Europe,  for  the  year  1815,  the  actual  receipts  at  the  treasury  cannot  be  great;  that  ihe  u'liole  of  the  duties  ac- 
cruing on  merchandise  imported  from  the  West  indies,  before  the  first  of  July,  will  be  actually  received  at  (he 
treasury  in  the  year  1815;  and  that  one  moiety  of  the  amount  of  the  duties  on  merchandise  imported  from  the  West 
Indies,  between  the  first  of  July  and  the  first  of  October,  will,  also,  be  received  at  tlie  treasury  in  tl\e  year  1815. 

The  average  of  (he  nett  revenue  of  the  customs  which  accrued  for  the  three  years,  leoG,  1807,  aiwl  1808,  was 
more  than  fourteen  millions  of  dollars  for  each  year;  and  a  similar  average  for  the  three  succeeding  years,  1800. 
1810,  and  1811,  was  about  nine  millions  of  dollars  for  each  year.  But  the  first  period  was  (Aie  of  uncommon  com- 
mercial prosperity,  wheii  the  United  States  were  the  only  neutral  nation,  and  cannot  be  taken  as  the  basis  of  an 
estimate  for  the  present  time,  when  the  other  nations  of  the  world  are,  also,  at  peace.  The  second  peiiorl  was  em- 
barrassed by  commercial  restrictions;  but,  probably,  the  effect  of  those  embarrassments  upon  the  revenue,  were 
counterbalanced  by  tlie  advantages  of  our  neutrality.  It  is  thought,  therefore,  upon  the  whole,  that,  in  a  state  of 
general  peace,  the  customs  operating  upon  the  single  duties  would  not  have  produced,  before  the  American  war, 
more  than  a  sum  between  nine  and  ten  millions  of  dollars  annually.  But  the  comparatively  small  quantity  of 
foreign  merchandise  at  present  in  the  American  market,  would,  probably,  gi\  e  rise  to  an  extraordinary  amount  of 
importations  during  the  first  year  of  peace,  equal,  at  least,  to  the  supply  of  two  years;  it  the  fact,  that  the  double 
duties  are  limited  in  their  continuance  to  a  year  after  the  termination  of  the  war,  did  not  operate  as  a  clieck  upon 
importations,  beyond  what  may  be  requisite  for  the  consumption  of  the  current  year.  These  counteracting  causes 
may,  therefore,  be  reasonably  supposed  to  neutralize  the  force  of  eacii  other,  and,  consequently,  lo  refer  and  confine 
any  estimate  of  the  double  ituties  upon  merchandise,  imported  in  the  year  I8I5,  to  the  amount  of  the  importations 
for  the  consumption  of  a  single  year. 

Under  these  views  it  is  estimated  that  the  produce  of  the  customs,  during  the  first  twelve  months  of  peace,  will 
amount,  with  double  duties,  to  a  sum  between  eighteen  and  twenty  millions  of  dollars.  Of  that  period,  ten  months 
occur  in  the  year  1815;  but,  as  the  importations  can  only  partially  commence,  for  the  space  of  two  inontiis,  and  can- 
not reach  their  average  extent  for  three  or  four  months,  the  fail  proportion  of  time,  to  form  tiie  ground  of  an  estimate, 
will  be  (as  already  suggested)  eight  months  of  the  year  1815.  Upon  this  scale  of  computation,  the  product  of  the 
customs,  which  will  accrue  from  the  first  of  May  to  the  thirty -first  of  December,  1815,  will,  probably,  be  13,500.000 
dollars;  but  there  must  be  added  to  that  sum,  the  estimated  amount  of  customs  accruing,  independent  of  tlie  eflects 
produced  by  the  pei^ce,  from  the  first  of  January  to  the  first  of  May,  to  wit,  1,500,000  dollars;  making  the  aggregate 
of  the  revenue  of  die  customs,  accruing  in  the  year  1815,  about  fifteen  millions  of  dollars. 

It  remains,  however,  to  present  an  estimate  of  the  amount  of  the  customs,  which  will  nut  only  accrue,  but  which 
will  be  actually  received  at  the  treasury  in  the  year  1815.  The  extent  of  the  commerce,  which  is  expected  to  be 
opened,  and  the  ett'ect  of  the  credits  which  are  allowed  for  the  payment  of  duties,  tor  the  year  1815.  have  been  al- 
ready explained;  the  estimate,  therefore,  assumes  the  following  form: 

1.  The  total  revenue  of  the  customs,  accruing  in  the  year  1815,  being,  as  above  slated.     -  -  $15,000,000 


It  is  estimated,  that,  of  that  sum,  there  w^ill  become  payable,  and  will  aciually  be  received  into  the 

treasury,  in  the  year  1815,  in  the  manner  exhibited  in  the  annexed  schedule,  marked  A,  about  S;3,500,000 

2.  That,  on  account  of  custom  house  bonds  outstanding  at  the  end  of  the  year  1814,  which,  in  the 
letter  from  this  Department,  dated  the  17th  of  January,  1815,  was  reserved  to  meet  the  unsatis- 
fied appropriations  of  that  year,  there  will  be  received,  during  the  year  1815,  near  -  -  3,000,000 

Making  the  total  amount  of  the  actual  receipts  into  the  treasury,  from  ihe  customs,  for  ihe  year  1815.       86.500,000 

The  ways  and  means  of  the  treasury  fiir  1815,  provided  and  payable  during  the  year,  may  now  be  presented  in  a 
view  essentially  difl'erent  from  that  which  was  necessarily  taken  in  the  letter  from  this  Dejiartment.  dated  the  17th 
of  January  last,  while  contemplating  a  continuance  of  the  war. 

1.  The  duties  on  imports  and  tonnage  will,  probably,  produce  a  sum,  inclusive  of  that  receivable  for  duties^  which 

accrued  prior  to  the  present  year,  of  about  -  -  ■•  -  -  -  .-         $G,y00,000 

2.  The  direct  tax,  instead  of  a  sum  of  two  millions  of  dollars,  will  probably  give  to  the  treaj-ury,  in 

the  year  1815,  in  consequence  of  the  facilities  of  the  peace,  a  sum  of  about  -  -  -  2,500,000 

3.  The  internal  duties,  old  and  new,  and  postage,  instead  of  a  sum  of  7.050,000  dollars,  will  probably 

give  to  the  treasury,  in  the  year  1815,  in  consequence  of  the  ficilities  of  the  peace,  a  sum  of 

about              -                        l            .'.'..-.--            -  8.000.000 

4.  The  sales  of  the  public  lands  will,  probably,  produce,  in  the  year  1815,                 -            -            -  '"onn''^'^n 

5.  The  amount  of  incidental  receipts,  from  miscellaneous  sources,  will.  |)robably.  be  about             -  -00.000 

SI  8.200.000 


While  the  revenue  is  thus  maferiaily  augmented,  the  charges  upon  the  treasury  will  be  considerably  reiluced. 
It  is  not  in  the  power  of  this  Department,  at  the  present  time,  to  advert  to  the  estimates  of  the  expeiises  ot  the  peace 
establishment  for  the  War  and  Navy  Departments:  but.  with  the  aid  of  the  public  credit,  and  the  legislative  sanc- 
tion fiir  the  measures  which  will  be  proposed,  it  is  believed  that  the  treasury  will  be  competent,  in  that  respect,  to 
meet  the  most  liberal  views  of  the  Government.  Independent,  therefiue.  of  the  estimates  ot  the  War  and  Navy 
Departments,  the  charges  on  the  treasury,  for  the  year  1815,  will  consist  ot  the  following  items: 


*  Vide  No.  447 


.¥ 


Q.o  *  FINANCE.  [1815. 


1    Civil  diplomatic,  and  miscellaneous  expenses,  as  stated  in  the  general  estimates  for  1815,  $1,979,289  39 

a'.  The  public  debt  will  call  for  a  sum  of  $14,723,808  58,  to  answer  the  following  claims: 

For  interest  and  reimbursement  of  the  funded  debt  created  before  the  war,  (the  amount  of  prin- 
cipal unredeemed  on  the  31st  of  December,  1814,  being  about  $39,905,183  GO)  $3,452,775  46 
For  interest  of  the  funded  debt  created  since  the  war,  (the  amount  of  principal  on 
December  31st,  1814,  being  48,580,812  26,  to  which  little  has  been  since  added) 
about         -----  -,.  -   .         -  -,  -.  3,000,000  00 

For  the  principal  and  interest  of  treasury  notes  lallnig  due  in  1815,  and  the  1st  ot 
January,  1816,  including  $620,000  of  notes  issued  under  the  act  of  February 
25th,  1813,  falling  due  within  this  period,  -----      8,271,033  12 

14,723,808  58 

$16,703,097  97 


It  is  to  be  observed,  however,  that  the  preceding  estimate  does  not  include  a  sum  of  2,799,200  dollars,  being  the 
principal  of  the  treasury  notes  which  became  due  in  1814,  and  remain  unpaid;  because  the  unexecuted  authority  to 
raise  money,  by  loan,  for  that  year,  is  sufficient  to  cover  the  amount,  if  a  loan  can  now  be  obtained,  independent  of 
the  custom  house  debt  ($3,000,000)  which  accrued  in  1814,  but  is  payable  in  1815,  and  which  is  now  considered  as 
part  of  the  excess  of  $3,975,909  83,  stated  in  the  letter  of  the  17th  of  January,  1815,  for  the  purpose  of  being  specifi- 
cally transferred,  in  the  present  estimates,  from  the  ways  and  means  of  last  year,  to  the  credit  of  the  ways  and 
means  for  the  present  year. 

Upon  the  whole,  then,  it  appears  that  the  revenue  for  the  year  1815  will,  probably,  amount  to  $18,200,000;  and  that 
ways  and  means  are  now  to  be  devised,  to  provide  for  the  difference  between  that  sum  and  the  aggregate  amount  of 
the  demands  for  the  service  of  the  year  1815;  which  will  be  ascertained  by  adding  the  amount  of  the  estimates  for 
the  peace  establishment  of  the  War  and  Navy  Departments  to  the  amount  of  the  demands  for  the  expenses  of  Gov- 
ernment, and  the  public  debt  being,  as  above  stated,  the  sum  of  $16,703,097  97. 

It  only  remains  to  suggest  some  additional  measures,  which  appear  to  be  required,  at  this  time,  for  the  support 
of  the  public  credit,  and  the  supply  of  the  treasury. 

1.  It  is  respectfully  suggested,  that  all  the  holders  of  treasury  notes,  issued,  or  to  be  issued,  under  the  authority 
of  any  existing  law,  should  be  allowed  to  fund  them  at  an  interest  of  seven  per  cent.,  and  that  interest  be  allowed 
on  all  treasury  notes  which  have  not  been  punctually  paid,  until  the  day  of  funding,  or  of  payment. 

2.  It  is  respectfully  suggested,  that  a  new  issue  of  treasuiy  notes  should  be  authorized,  upon  the  principles  sug- 
gested in  the  letter  from  this  Department,  dated  the  17th  of  January,  1815. 

3.  It  is  respectfully  suggested  that  a  loan  should  be  authorized  to  the  amount  necessary,  upon  a  view  of  all  the 
estimates,  to  complete  the  ways  and  means  for  the  year  1815. 

4.  It  is  respectfully  suggested,  that  the  exportation  of  specie  should  be  prohibited,  for  a  limited  period. 

I  am,  very  respectfully,  sir,  your  most  obedient  servant, 

A.  J.  D.\LLAS. 
J.  \V.  Eppks,  Esq.,  Chairman  of  the  Committee  of  Ways  and  Means. 


*' 


1815.] 


REVENUES    FOR    THE    YEAR   1815. 


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9J4  FINANCE.  [1815. 


13th  Congress.]  No.   448.  [3d  Sessiox. 


REVISION  OF   THE    REVENUE    LAWS. 

COMMUNICATED  TO  THE  HOUSE   OF   REPRESENTATIVES,  FEBRUARY   27,   1815. 

Treasury  Department,  February  25,  1815. 

Sir: 

I  have  ihe  honor  to  acknowledge  the  receipt  of  your  letter,  dated  yesterday,  inquiring,  on  behalf  of  the  Com- 
mittee of  Foreign  Relations,  whether  any  further  legislative  provisions  are  necessary  for  enforcing  the  due  execution 
of  the  existing  revenue  laws.'' 

Permit  me  to  suggest,  that  the  act  to  prohibit  intercourse  with  the  enemy,  and  forother  purposes,  contains  many 
useful  and  necessary  provisions,  for  securing  the  revenue  arising  from  duties  on  imports.  The  act  expired  with  the 
war;  but  the  1st,  2d,  5th,  6th,  7th,  8th,  and  9th  sections  should  be  re-enacted. 

It  is,  also,  very  desirable  that  the  district  courts  should  be  vested  with  a  jurisdiction  of  all  suits  instituted  in  the 
name,  or  for  the  use  of,  the  United  States,  whatever  may  be  the  amount  ol  the  demand,  or  the  cause  of  action. 

There  are  many  defects  in  the  existing  revenue  laws,  which  are  of  long  standing,  and  would  require  more  time 
and  attentioji  than  can  be  now  bestowed,  with  a  view  to  a  radical  reform.  These  may  be  presented  to  the  considera- 
tion of  Congress  at  a  subsequent  session. 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

A.  J.  DALLAS. 
The  Honorable  Mr.  Bibb. 

.      ■'  .,.  No.  1. 

W  iLLiNGTON,  S.  C.  November  17,  1814- 

Sir: 

Your  favor  of  the  31st  ultimo  and  2d  instant  are  received.  Enclosed  I  return  the  blank  receipt  for  retading 
licence,  liiled  up  agreeably  to  the  instructions. 

Some  cases  have  occurred  where  persons  who  have  incurred  forfeitures,  &c.  have  petitioned  for  a  remission; 
there  being  no  judge  of  the  district  court  of  the  United  States,  within  the  prescribed  limits,  nor  district  court  of 
the  United  States  within  the  prescribed  distance,  the  petition  for  a  remission  was  presented  to  a  judge  of  the  State 
court,  who  declined  to  act  upon  it,  and  stated  that  he  was  willing  to  accommodate  parties  in  particular  cases,  but 
as  he  could  not  proceed,  nor  was  bound  to  act  under  all  the  cases  of  the  United  States,  concerning  fines,  penalties, 
and  forfeitures,  it  might  be  construed  into  a  consent  of  his  willingness  to  act  in  all  such  cases;  therefore,  he  declined 
to  act  in  this  particular  instance  of  the  petition. 

I  am,  respectfully, 

J.  CALHOUN,  Junr. 
S.  H.  SuiTH,Esqr.  Commissioner  of  the  Heveyiue. 


'  No.  2. 

'2ilh  Collection  District  of  the  Stale  of  New  Fork, 

Canandaigua.  November  2lsl,  1814. 

Sir:  .  .  „      .        . 

The  subscribers  deem  it  their  duty  to  represent  to  you  the  situation  ot  this  collection  district.  The  act  ol 
Congress  for  the  assessment  and  collection  of  direct  taxes,  and  for  tlie  collection  of  internal  revenue,  give  to  the 
State  courts  jurisdiction  in  cases  arising  under  those  acts,  only  when  a  district  court  does  not  sit  within  fifty  miles. 
The  State  of  New  York  has  been  divided  into  two  districts,  and  the  courts  are  directed  to  be  held  at  Canandaigua, 
but  in  fact  there  has  been  no  court  held  in  the  county  of  Ontario  under  the  last  act.  Cases  have  occurred  where  it 
has  been  necessary  to  prosecute  for  penalties,  and  bonds  taken  for  the  United  States  daily  becoming  due.  Applica- 
tion has  been  made  for  process  to  the  person  who  was  appointed  clerk  of  the  district  court,  to  be  held  at  Utica  and 
Canandaigua,  under  the  first  law;  he  declined  issuing  any,  on  the  ground  that  the  late  act  dividing  the  State  into 
two  districts  takes  away  his  fi)rmer  office,  and  that  lie  has  received  no  new  appointment.  Application  was  then  made 
to  Mathias  B.  Tallinadge,  Esqr.  the  senior  district  judge,  and  who,  by  the  act,  was  assigned  to  this  district;  and  he 
was  informed  that  the  clerk  had  refused  to  issue  process.  In  his  answer,  he  seems  to  be  of  opinion  that  the  clerk  was 
right,  if  the  act  creating  the  district  be  constitutional,  of  wliich  he  appears  to  entertain  some  doubts.  He  says  that 
he  notified  Judge  Van  Ness,  the  junior  district  judge,  through  the  clerk  of  the  court,  of  his  inability  to  liold  the  court 
at  this  place  in  September  last;  and  that  it  became  the  duty  of  Judge  Van  Ness  to  hoUl  it.  As  the  matter  stands, 
there  is  no  court  to  grant  process,  no  clerk  to  issue  it,  no  marshal  *to  execute  it.  and  no  district  attorney  for  the  Unit- 
ed States,  in  this  district.  To  proceed,  therefore,  in  the  United  States'  court,  is  impossible,  until  those  officers  are 
appointed.  The  question  then  occurs  whether  the  State  courts  have  jurisdiction  in  such  a  case.-  By  a  reference  to 
the  several  acts  of  Congress,  it  will  be  seen  that  a  regular  United  States'  district  court  is  appointed  to  be  held  within 
fifty  miles  of  this  collection  district.  Although  none  has  been  actually  held  the  past  year,  yet  one  may  be  held  the 
ensuing  year;  in  that  event,  would  the  State  courts  have  jurisdiction.?  Can  it  be  conceived  that  the  question  of  juris- 
diction is  to  depend  upon  the  uncertainty  or  certainty  of  a  district  court  being  held.?  And  is  it  not  more  reasonable 
to  conclude,  that,  where  a  district  court  is  by  law  appointed  to  be  held  in  a  collection  district,  it  takes  away  the  juris- 
diction of  a  State  court?    This,  at  least,  is  the  legal  opinion  we  have  obtained  on  this  subject. 

If,  then,  the  State  courts  have  no  jurisdiction  over  cases  arising  under  the  belbrementioned  act  of  Congress  in 
this  collection  district,  it  is  indispensable,  to  the  enforcing  of  the  laws,  that  something  should  be  done  with  the  Unit- 
ed States'  district  court,  to  render  it  possible  to  proceed  at  all. 

Your  directions  on  this  subject  are  requested,  and  the  sooner  the  necessary  steps  are  taken  the  better,  as  many 
important  prosecutions,  against  flagrant  and  wilful  oftenders  who  defy  the  law,  are  waiting. 

Very  respectfully,  your  obedient  servant, 

STEPHEN  BATES.  Co//fc/or. 
JOHN  C.  SPENCER,  Assessor. 
Samuel  H.  SiMiTH,  Esqr. 

'■  ' 
4 1  .  '^  Treasury  Department,  December  8,  1814. 

Sir: 

The  information  which  has  been  communicated  to  me  by  the  commissioner  of  the  revenue,  by  collectors  ot 
duties  on  importation,  and  by  other  persons,  acting  in  official  stations,  appears  to  require  immediate  attention,  with 
a  view  to  protect  the  revenue,  and  to  facilitate  the  means  of  detecting  and  prosecuting  delinquents.  The  subject 
is  connected  with  my  report  of  the  19th  of  November  last,  on  the  complaints  from  Vermont,  and,  therefore,  I  take 
the  liberty  of  placing  it  in  the  view  of  the  Committee  of  Ways  and  Means. 


1815.]  REMISSION   OF    FORFEITURE.  9J5 


1.  A  provision  seems  necessary  to  provide  more  eft'ectually  for  organizing  and  holding  tiie  district  court  at  Ca- 
nandaigua,  in  the  State  of  New  York.  No.  I. 

2.  A  provision  seems  necessary  to  iirovidc  moic  eft'ectually  for  the  exercise  of  jurisdiction  hy  i^tate  courts,  and 
State  magistrates,  in  cases  arising  under  the  revenue  laws,  at  a  distance  from  the  seat  of  the  district  court.  No.  2. 

3.  It  appears  necessary  to  provide  more  efti'ctually  for  examining  and  stating  the  facts,  by  Stale  courts  or  State 
magistrates,  in  cases  of  petition  to  the  Secretary  of  the  Treasury  for  the  remission  of  tines,  penalties,  and  forfeitures, 
incurred  at  a  distance  from  the  seat  of  the  district  courts.   No.  1,  2. 

4.  A  provision|seems  necessary,  making  it  the  duty  of  the  district  attorneys,  to  appoint  deputies  for  tiie  collection 
districts  in  which  they  do  not  themselves  practise. 

1  accompany  (his  letter  with  oidy  two  of  the  communications  that  have  been  received  at  the  treasury:  a'^  these 
will  be  suflicienl  to  shew  the  nature  and  the  extent  of  the  inconvenietices  wiiich  it  is  desirable  to  remove. 
I  am,  very  respectfully,  sir,  your  most  obedient  servant, 

A.  J.  DALLAS. 
J.  ^V.  Eppes,  Ksqr.  Chairman  of  the  Coinmillee  of  Hays  and  Means. 


13th  Congress.]  No.    449.  [3d  Session. 

RELEASE    OF    PENALTIES    AND   FORFEITURES. 

COMMUNICATED  TO   THp:   SENATE,    FEBRUARY    27,     1815. 


Mr.  Bibb,  from  the  Committee  on  Foreign  Relations,  who  were  instructed  to  inquire  into  the  expediency  of  making 
provision,  by  law,  to  release  all  or  any  claims  of  the  United  States  to  penalties  or  forfeitures,  under  acts  which 
ave  imposed  prohibitions  or  temporary  restrictions  on  con 
lerefor,  upon  payment  of  costs  legally  incurred,  reported  i 

Besolved,  That  it  is  inexpedient  to  make  such  provision. 


have  imposed  prohibitions  or  temporary  restrictions  on  commercial  intercourse,  and  to  discontitme  proi(>cutions 
therefor,  upon  payment  of  costs  legally  incurred,  reported  the  following  resolution: 


13th  Congress.]  No.    450.  ■  [3d  Sessiow. 


PUBLIC    EXPENDITURE. 

COMMUNICATED    TO    THE    HOUSE    OF    REPRESENTATIVES,    MARCH    5,     1815. 

Mr.  Macon,  from  the  Committee  on  Public  Expenditures,  made  the  following  report: 

That  tliey  have  endeavored  to  perform  the  duties  for  which  they  were  appointed,  but  have  found  it  impossible  to 
do  it,  during  a  session  in.which  the  House  has  been  more  constantly  engagecl  in  business  than  usual.  The  committee 
deem  it  a  duty  to  state  to  the  House,  that  they  are  of  opinion  that,  at  any  session,  it  will  be  impracticable  to'make  a 
satisfactory  examination  into  the  expenditure  of  public  money.  The  several  attempts  which  have  heretofore  been 
made  to  do  this,  confirm  the  correctness  of  the  opinion.  While  the  committee  believe  that  the  officers  whose  duty 
it  is  to  settle  the  public  accounts,  will  discharge  the  trust  reposed  in  them  with  fidelity,  they  also  believe  that  it  is 
the  duty  of  the  House  to  ascertain,  by  a  committee,  that  it  is  ilone.  The  committee  beg  leave  to  suggest  to  the 
House  the  propriety  of  appointing  a  committee,  to  sit  during  a  recess,  to  make  the  examination. 

The  committee  consider  it  their  duty  to  state  to  the  House,  that  they  attempted  to  examine  the  account  of  Col. 
James  Thomas,  deputy  quartermaster  geneial,  but  have  not  finished  it;  and  that  they  collected  many  papers 
relating  to  it,  all  of  which  they  have  transmitteil  to  the  Comptroller  of  the  Treasury,  before  wliom  the  account  now 
is  for  settlement. 


13th  Congress.]  No.    451.  [3il  Si 


REMISSION   OF  FORFEITURE. 

COMMUNICATED  TO   THE   SENATE,    ON   THE    IST    OF    MARCH,    1815. 

Mr.  Roberts,  from  the  committee  to  whom  was  referred  the  petition  of  Robert  Kid,  made  the  following  report: 

That  it  appears  the  said  petitioner  became  the  purchaser  of  goods,  wares,  and  merchandise,  to  the  amount  of  six 
thousand  dollars'  value,  from  the  mercantile  house  of  Vanuxum  &  Clarke,  of  the  city  of  Philadelphia,  about  the 
first  of  October,  1813,  which  were  imported  in  a  vessel  cleared  from  the  port  of  London,  after  a  knowledge  of  the 
declaration  of  war,  and  partly  in  a  vessel  which  cleared  from  the  port  of  Bristol,  also  after  a  knowledge  of  the  de- 
claration of  war;  said  ports  being  in  the  kingdom  of  Great  Britain.  On  their  airival  at  Philadelphia,  they  were 
seized  by  the  collectors,  as  forfeited,  for  a  breach  of  the  non-importation  laws,  and  also  as  prize  of  war,  being  the 
property  of  an  enemy.  The  invoices  or  bills  of  parcels  of  said  goods,  were  made  out  as  if  they  were  the  property  of 
the  said  Vanuxum  &"  Clarke,  and  were  bought  by  said  petitioner  as  such,  he  know  iiig,  however,  that  they  w  ere  under 
seizure  as  aforesaid.  The  petitioner  obtained  a  restitution  of  them,  on  bonds,  for  the  value,  and  entered  them  at 
the  custom  house,  and  secured  the  duties.  A  petition  appears  to  have  been  presented,  by  the  said  Robert  Kid.  to 
the  district  judge,  setting  forth  the  facts  material  to  his  case,  in  order  to  have  them  found  and  transmitted,  by  said 


916 


FINANCE. 


[1815. 


judge,  to  the  Secretary  of  the  Treasury,  to  obtain  a  remission  of  the  forfeiture.  To  the  truths  of  these  facts  the  pe- 
titioner made  oath  on  the  12th  of  September,  1813.  The  petition  presented  to  the  district  judge,  states  that  the  said 
Eoods  were  a  consignment  of  Samuel  Guppy,  a  British  merchant,  resident  in  England,  to  the  house  of  Vanux- 
um  &  Clarke,  but  that,  when  he  nurchaseu  them,  he  was  not  informed  of  that  fact.  A  copy  of  said  petition  is  here- 
with reported,  as  also  a  letter  addressed  to  the  committee  by  the  Secretary  of  the  Treasury,  at  their  request,  show- 
in"  whv  the  equitable  powers  vested  in  him  do  not  apply  to  the  petitioner's  case. 

'"The  committee  are  of  opinion,  that,  if  the  petitioner  bought  said  goods,  unapprized  tiiat  the  invoices  were  fraud- 
ulent, that  he  has  legal  remedy  for  any  damage  he  may  thereby  incur  against  the  said  Vanuxum  &  Clarke;  and  they 
are  bound  to  believe  the  fact  of  his  ignorance,  as  he  has  made  oath  to  it;  nor  does  he  appear  unapprised  of  his  remedy 
against  Vanuxum  &  Clarke,  as  he  notices  it  in  his  petition.  The  committee  believe  that  Congress  have,  in  no  in- 
stance, by  special  act,  authorized  a  remitting  of  forfeitures  of  goods,  shipped  after  the  twenty -third  day  of  June, 
from  Britisli  ports,  and  by  British  subjects,  and  certainly  not  shipments  made  after  war  was  known  to  exist  at  the 
ports  of  shipment.  The  want  of  authority  in  the  Secretary  of  the  Treasury  to  take  cognizance  of  this  case,  arises 
soleiy  from  the  forfeiture  having  been  incurred  while  the  goods  were  in  the  hands  of  the  consignees.  The  committee 
are,  therefore,  of  opinion,  that  the  said  petitioner  having  legal  remedy,  is  not  entitled  to  relief  from  Congress,  and 
that  regularity  of  proceedings,  as  well  as  justice,  requires  there  should  not,  in  this  case,  be  legislative  interference. 
They,  therefore,  submit  the  following  resolution: 

Resolved,  That  the  petitioner  have  leave  to  withdraw  his  petition. 


13th  Congress.] 


No.  452. 


[3d  Session. 


PUBLIC   DEBT. 


COMMUNICATED   TO  THE   HOUSE    OF   REVRESENTATIVES,   MARCH   2,    1815. 


Treasury  Department,  February  24, 1815. 


?iir: 


I  have  the  honor  to  submit  to  the  consideration  of  the  Committee  of  Ways  and  Means,  a  proposition  to  provide  for 
paying  tlie  interest,  and  gradually  reducing  the  stock  debt,  which  has  been  created  during  the  late  war.  It  was  my 
intention  to  have  accompanied  this  communication  with  tables,  illustrating,  in  detail,  the  operation  of  the  sinking 
fund,  as  well  as  the  effect  of  the  present  proposition,  but  various  causes  render  the  performance  of  this  task  imprac- 
ticable, before  the  adjournment  of  Congress,  and  I  cannot  do  better  than  to  refer  to  the  report  which  was  made  by 
the  Treasury  Department  to  the  House  of  Repiesentatives,  on  the  9th  of  April,  1808,  exhibiting  explanatory  state- 
ments and  notes  of  the  public  debt,  its  increase  or  decrease,  from  the  1st  of  January,  1791,  to  the  1st  of  January, 
1808.  I  shall,  therefore,  confine  my  views  to,  1st,  the  general  state  of  the  public  debt  before  the  war:  2d,  the  gene- 
ral state  fif  the  public  debt  contiacted  since  the  war;  and,  3d,  the  particular  provision  to  be  now  made  for  the  last 
description  of  the  public  debt. 

I.  On  the  31st  December,  1814,  the  amount  of  the  public  debt,  created  before  the  war,  may  be  estimated  at 
$39,905,183  66,  and  it  consisted  of  the  following  particulars: 


1.  Old  six  per  cent,  stock,  the  nominal  amount  being   - 
Of  which  there  had  been  reimbursed. 

Leaving  due  on  the  3lst  December,  1814, 

2.  Deferred  six  per  cent,  stock,  the  nominal  amount  being 
Of  which  there  had  been  reimbursed. 

Leaving  due  on  the  31st  December,  1814, 

3.  Three  per  cent,  stock, 

4.  Exchanged  six  per  cent,  stock  under  the  act  of  1812, 

5.  Six  per  cent,  stock  of  1796,  -  -  . 

6.  Louisiana  six  per  cent,  stock,      -  -  - 


17,250,871  39 

12,879,283  78 

9,358,320  35 

3,971,148  36 


4,371,587  61 


5.387,171  99 
16.158,177  34 

3,984,746  72 

80,000  00 

10,923,500  00 


Estimated  amount  of  the  whole  of  the  public  debt,  contracted  before  the  war,  due  on  the  31st  of 

December,  1814,      --------  $39,905,183  66 

Upon  the  principles  and  estimates  of  the  treasury  report,  of  the  9th  of  April,  1808,  it  was  computed — 

1.  That,  on  the  1st  of  January,  1808,  the  public  debt  amounted  to  -  -  -  64,700,000  00 

2.  If,  therefore,  the  amount  of  the  public  debt,  computed  to  be  due  on  the  31st  December,  1814,  be 

deducted,  to  wit,      --------  39,905,183  66 


The  amount  redeemed  between  the  Ist  of  January,  1808,  and  the  31st  of  December,  1814,  may  be 

estimated  at  -------  -  $24,794,816  34 

The  establishment  of  a  sinking  fund,  to  redeem  the  principal  of  the  public  debt,  was  coeval  with  the  funding 
system  of  1790;  but  the  payment  of  the  interest  of  the  debt  was  not  charged  upon  that  fund  until  1802.  The  amount 
of  the  public  debt  was  increased,  during  the  several  years  that  intervened  between  January,  1791,  and  January, 
1803,  and  the  sinking  fund  was  enriched,  at  various  periods,  by  the  assignment  of  additional  revenues.  The  acts 
of  the  8th  of  Maj;,  1792,  the  3d  of  March,  1795,  the  29th  of  April,  1802,  and  the  10th  of  November,  1803,  form, 
however,  the  principal  basis  of  the  present  sinking  fund,  providing  for  the  annual  payment  of  the  interest,  as  well  as 
for  the  gradual  redemption  of  the  debt. 

Under  the  authority  of  these  acts  of  Congress,  the  sinking  fund  amounts  to  the  sum  of  $8,000,000  annually, 
which,  at  this  time,  is  supplied  from  the  following  sources: 

1.  From  the  interest  on  such  parts  of  the  public  debt  as  have  been  reimbursed,  or  paid  off,  and  which, 

at  present,  amounts  to  the  sum  of  - 

2.  From  the  nett  proceeds  of  the  sales  of  public  lands,  (exclusive  of  lands  sold  in  the  Mississippi  ter- 

ritory, which,  as  yet,  belong  to  the  State  of  Georgia)  estimated,  annually,  at  the  sum  of 

3.  From  the  proceeds  of  duties  on  imports  and  tonnage,  to  make  the  annual  sum  of  $8,000,000,  esti- 


mated at  about 


1,969,577  64 
800,000  00 
5,230,422  36 
$8,000,000  00 


1815.]  PUBLIC   DEBT. 


917 


II.  On  the  31st  of  December,  1814,  the  amount  of  the  public  debt,  created  since  the  war,  (inde- 
pendent of  temporary  loans  and  issues  of  treasury  notes)  may  be  estimated  at  -  -  $49,780,322  13 

And  it  consisted  of  the  following  particulars: 

1.  .Six  per  cent,  stock  of  1812,  (the  eleven  millions  loan)              "               -  -  -  $7  710  000  00 

2.  Do.                do.             1813,  (the  sixteen  millions  loan)             -                -  -  .  18109 '377  .51 

3.  Do.                do.             1813,  (the  seven  millions  live  hundred  thousand  loan)  -  -  8'498'563  50 

4.  Do.  do.  1814,  (the  loan  of  ten  millions,  part  of  the  loan  authori/.ed  for  twenty- live 

millions)  ---...  g  gjt)  ,j-g  25 

5.  Do.  do.  1814,  (the  loan  of  six  millions,  part  of  the  loan  authorized  for  twenty-live 

millions)  ---...  4,342,875  00 

„      .    .  ,    .       .  .        ,  .  .  48,580,312  2U 

But  it  IS  proper  to  brmg  mto  view  here,  the  additional  six  per  cent,  stock,  which  will  be  created 
in  consequence  of  contracts  depending  on  the  31st  of  December,  181 1,  to  be  completed  in  1815,  to  wit: 

1.  The  committee  of  defence  of  Philadelphia  contracted  to  loan  $100,000  to  fortify  the  island  in  the 

river  Delaware,  called  the  Pea  Patch,  for  six  per  cent,  stock  at  par,  which  wi'll  be  issued  under 
the  act  of  March,  1812,  .-..-.  10000000 

2,  The  corporation  of  New  York  contracted  to  advance  money  for  fortifications,  sup- 

plies, &c.  at  New  York,  on  the  terms  of  the  six  millions  loan,  and  the  amount 

being  liquidated,  six  per  cent,  stock  has  been  ordered  for  -  -      1,100,009  87 

— 1,200,009  87 

$49,780,322   13 

There  are,  however,  other  contracts  for  loans,  made  through  the  medium  of  the  War  Department,  which  have 
been  recognised  at  the  treasury,  to  be  paid  in  six  per  cent,  stock,  but  which  have  not  been  so  liquidated,  as  to  fur- 
nish a  ground  to  estimate  their  amount. 

The  six  per  cent,  stock,  which  was  issued  under  the  act  of  the  24th  of  March,  181 1,  amounting  to  $3,000,000, 
and  sent  to  Europe,  has  not  been,  and  probably  will  n(»t  be,  sold.  It  is,  therefore,  omitted  in  the  present  esti- 
mates. 

Besides  the  funded  debt,  above  stated, there  have  been  contracted  debts  to  the  amount  of  $19,002,800,  upon  tem- 
porary loans,  and  upon  the  issues  of  treasury  notes,  consisting  of  the  following  particulars: 

1.  Temporary  loans  have  been  obtained  under  the  act  of  March,  1812,  (of  which  the  sum  of  $500,000 

became  due  in  December,  1814,  and  remains  unpaid;  and  of  which  $50,000  will  be  payable 

in  the  year  1817,  for  -  -  -  -  -  -  -  550,000  00 

2.  Treasury  notes  had  been  issued  or  ordered  on  the  SOtli  of  February,  1815. 

(1.)  Payable  on  or  before  the  1st  January,  1815,  due  and  unpaid,  principal,    -      2,799,200  00 
(2.)  Payable  since  the  1st  of  January,  1815,  due  and  unpaid,  -  -         620,000  00 

(3.)  Payable  almost  daily,  from  the  11th  of  March,  to  and  including  the  1st  of 

January,  1810,  -  -  -  -  -  -       7,227,280  00 

(4.)  Payable  from  the  11th  of  January,  to  and  including  the  1st  March,  1816.      7,806,320  00 

18,452,800  00 


Making  floating  public  debt,  in  temporary  loans  and  issues  of  treasury  notes,       -  -  19,002,800  00 

To  which  add  the  amount  of  funded  debt,  -  '    -  -  -  -  49,780,322  13 


And  the  whole  of  the  ascertained  amount  of  debt  created  during  tlie  war,  is  the  sum  of      -  $68,783,122  13 


The  general  claims  for  militia  services  and  supplies,  arising  under  the  authority  of  the  individual  States,  as  well 
as  of  the  United  States,  iiave  been  partially  exhibited;  but  neither  the  iirinciple  of  settlement,  nor  the  amount  of  the 
claims,  can,  at  this  time,  be  stated. 

III.  In  suggesting  provisions  to  pay  the  interest,  and  gradually  to  reduce  the  principal  of  the  public  debt,  con- 
tracted since  the  declaration  of  war,  the  inconvenience  which  has  been  introduceil,  by  making  the  payment  of  the 
principal  and  interest  of  the  treasury  notes  a  charge  upon  the  sinking  fund,  is  greatly  to  be  lamented.  The  treasury 
notes  were,  in  their  design,  and  ought  to  be  in  their  use,  a  species  of  circulating  medium;  but  it  is  evident  tiiat  a 
sinking  fund  of  eight  millions  of  dollars  could  never  supply  the  means  of  paying  the  prior  claims,  and,  also,  of  dis- 
charging, punctually,  the  whole  of  the  principal,  as  well  as  the  interest,  of  annual  issues  of  treasury  notes,  amount- 
ing to  eight  or  ten  millions  of  dollars.  It  is  indispensable,  therefore,  to  the  free  and  beneficial  operation  of  the 
sinking  fund,  tiiat  it  should  be  disengaged,  as  soon  as  possible,  from  this  burtleii.  The  means  of  disengaging  it  are, 
1st,  by  the  payment  of  the  treasury  notes  out  of  the  current  revenue;  or,  2d,  by  funding  thein  upon  reasonable  terms, 
under  the  act  by  which  it  is  proposed  to  authorize  a  loan  for  the  service  of  the  year  iSiS;  and  these  means,  it  is  be- 
lieved, will  be  effectual. 

The  sinking  fund  being  thus  emancipated  from  the  treasury  note  tlebt,  would  be  sufficient,  in  1815.  for  the  in- 
terest and  reimbursement  of  the  stock  created  before  the  war;  for  the  interest  of  the  stock  created  since  tiie  war; 
and  for  the  interest  of  the  loan  to  be  raised  for  the  present  year,  either  in  money,  or  by  converting  the  treasury  note 
debt  into  stock  debt.    Thus, 

1.  The  sinking  fund  amounts  to        -  -  -  -  '.-.-.-  "  $8,000,00000 

2.  The  interest  and  reimbursement  of  stocks  created  before  the  war,  will  require  a  sum  of  $3,452,775  46 

3.  The  interest  on  the  stocks  created  since  the  war.  (computed  on  the  above  sum  of 

$49,780,322  13)  and  including  $7,968,  payable  for  annuities,  will  require  a  sum  of    2.994,787  32 

4.  The  interest  on  the  loan  for  1815,  (computed  to  average  a  half  year's  interest  on  the 

sum  of  $11,500,000,  being  the  estimated  amount  of  the  treasury  notes  which  may 

be  converted  into  stocks)  will  require  a  sum  of     -  -  -  -  -  345,000  00 

5.  But  there  must  be  added,  the  interest  and  principal  of  the  temporaiy  loans,  due 

and  unpaid,  wiiich  were  obtained  under  the  authority  to  borrow,  granted  by  the 

act  of  the March.  1812,  amounting,  for  1815,  to  the  sum  of  -  -  533.000  00 

7.325.5G2  78 


And  would  leave  a  surplus  of       -  -  -  -  -  $671,437  22 

It  appears,  on  this  view  of  the  sinking  fund,  (independent  of  the  operation  of  the  past  year)  that  there  will  be  a 
surplus  of  $674,437  22,  to  be  furthei'  applied  to  the  reduction  of  the  principal,  both  of  the  old  and  the  new  public 
debt.     But  this  can  only  be  now  done  by  purchases  in  the  market. 

The  proposition  to  be,  at  this  time,  submitted  to  the  consideration  of  the  Committee  of  Ways  anti  Means,  in  re- 
lation to  the  stock  debt  created  since  the  war.  involves  the  following  points: 

1.  That  provision  be  made  for  the  payment,  or  for  the  funding  of  the  treasury  note  debt,  so  as  to  relieve  the 
sinking  fund  from  that  charge. 

2.  That  the  sinking  fund  be  applied,  in  the  Jirst  place,  to  the  interest  and  reimburse. nent  of  the  old  sis  per  cent, 
stock,  according  to  the  existing  laws. 

116  tt 


g^3  FINANCE.  [1815. 


3  That  the  sinking  fund  be  applied,  in  the  second  place,  to  the  payment  of  the  principal  and  interest  of  the 
temDorarv  loans,  obtained  under  the  act  of  March,  1812.  ^   ,     . 

4  That  the  sinking  fun^  be  applied,  in  the  third  place,  to  tl\e  payment  of  the  interest  accruing  upon  the  stock 

5  '^^That  the  annua)  surplus  of  the  sinking  fund,  after  satisfying  the  above  objects,  be  applied  to  the  purchase  of 
the  stock  created  since  the  war;  and  that  the  interest  upon  the  stock  annually  purchased,  be  added,  from  time  to  time, 
to  that  appropriation,  for  the  purpose  of  making  new  purchases. 

After  tlie  present  year,  there  is  reason  to  presume  that  the  public  revenue  will  considerably  exceed  the  public 
expenditure,  and,  consequently,  that  the  necessity  of  borrowing  will  cease.  At  that  period,  a  more  satisfactory 
view  may  be  taken  of  tlie  subject  than  can  be  taken  while  the  amount  of  the  public  debt  remains,  in  some  measure, 
unascertained;  the  operation  and  product  of  the  new  taxes,  as  well  as  of  the  impost  upon  the  revival  of  commerce, 
are  conjectural,  and  the  legislative  intentions,  respecting  a  peace  establishment,  have  not  been  declared. 

Since  therefore  'the  existing  sinking  fund  (being  relieved,  in  the  manner  before  intimated,  from  the  incumbrance  ot 
the  treasury  note  debt)  is  already  charged  with  the  payment  of  the  interest  on  the  stock  created  since  the  war,  and  will 
be  sufficient  for  that  purpose,  besides  paying  the  interest,  and  the  annual  reimbursement  of  the  stock  created  before 
the  war,  I  respectfully  propose  that  no  further  step  be  taken,  during  the  present  session  of  Congress,  than  to  au- 
thoiize  the  subscription  of  treasury  notes  to  the  loan  which  is  now  under  legislative  consideration,  and  to  direct  the 
surplus  of  tiie  sinking  fund  to  be  applied  to  purchases  of  the  stock  created  since  the  war,  for  the  emolument  of  the 
fund  But  it  will  be  proper  to  confine  tiie  benefit  of  subscribing  to  the  loan,  to  such  treasury  notes  only  as  have 
been',  or  may  be,  issued  under  the  acts  which  render  them  a  charge  upon  the  sinking  fund,  namely,  tlie  acts  of  the 
30th  of  June,  1812,  of  the  25th  of  February,  1813,  and  of  the  4th  of  March,  1814;  and  the  Secretary  of  the  Treasury 
sliould  be  authorized  to  designate  the  notes  to  be  received  in  subscription,  from  time  to  time,  according  to  the  date 

of  the  issues.  ^  ,,       .  ,    l    i-     ^ 

I  have  the  honor  to  be,  very  respectfully,  sir,  your  most  obedient  servant, 

A.  J.  DALLAS. 

The  Hon.  J.  W.  Eppes, 

Chairman  of  the  Committee  of  Ways  and  Means. 


ft 


1815.] 


RECEIPTS    AND    EXPENDITURES. 


919 


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00  00  O  CO  "^ 

i^  to  in  Ci  o^ 

CO  t^  CO  OS  to 
rt  —  -f  CO  t^ 

o  in  o  t^  CO 

to'cO  i^  OS  CO 

CO  I— I  t^  00  r^ 

to  to  O  US  CO 


to  to 

•^  CO 

OC  00 

o  o^ 

to"  00 
t^  in 

CO  CQ 


to  .—  t^  CTi 

CO  ■^  05  05 

to  .^  CO  C5 
^  CO  CTl  02 

to  ^  oi  CO 

'^  J^  o  c^ 
CT  <M  *~  Ol 

to  r-  o  CO 


o  o  -)<  -H 
CJ  CO  J^  02 

■.*  to  to  00 

00  CJ  00  o 

in^co^oi  00^ 

"*  t^  oT.^* 
to  to  —  o 

t^  CO  CO  to 


OOOOOOD-^— "CJCO— icocomi-itocococo 


in  to  0}  in 

rH  CO  CO  CO 

— I  o  o  CO 

C5  CO  CO  05 

— 1  in  CO  ^ 
oTo^oo'cr 

^-  Ol  CO  00 

CO  --^o_in_^ 
cToToo  ctT 

CO  CO  CO  CO 


o  m 
m  CTi 

oi  in 
■*  to 
OS  to 

r^  CO 

00  to 

CO  CJ 


c»  o 

in  00 
o  J-- 

in  in 

cT— 
->  o 

00  00 


-J  «*  CO  -*  00  in 
to  -^  00  ^  t^  o^ 

.-I  to  ^^  ■#  to  CT) 

rt  -1<  CO  oi  t^  to 
■^  00  ■*  GO  00  CO 

■^in^GJ^cTto  00 

CO  CO  C^  Ci  ci  t^ 

o  00  t^  Ci  in  in 


^  to 
o  t^ 

o  o 
t-  o 

05  CO 

C5  m 


CO  in  oi 

■*  TTi  t^ 

05  t^  0> 

in  00  00 
.—  l^  00 

to^^  OS 
in  I-  to 
CO  —  CO 


— I  o  in 

to  r-  CO 

rc  o  in 
00  CJ  ■^ 
00  r^  CO 

00  o  to 

05  CO  CO 


to  to  in  in 
— I  'S-  o  .* 

-^  ■*  -l-  CO 

in  o  o  CO 
in  05  CJ  to 

Co'oo'Oi  CT> 

in  o  o  tc 

■r»<  O  O  •* 


i<  T)<  in 

Tt<  O  CO 

CO  CO  CO 
CO  ■*  CO 

—  in  05 

CD  cTotT 

o  o  c? 

—  Ol  to 


f  t-Tin  in'to'^in  in'~co''-*''aH''t~-'"m""r-  oo  t-'oo  tootooooo^-jt-g 


in  t^ 


<->ro      f-.co-<i<oito-*coot^co'no'*t--oooo3in 
oo      ^  o  o  00  f-QO  o  ocD  in  r~  o  n- Tfocco  CJ  CO — 

^.v^     '    r*^^■l.rt^^Hr^^tO•^^HOCOO^"^t^OOTJ^tOln 

SS?      SSSw^^co-StoMcoo^totoin^toto 
S  ^      °  S  r-  to  co^^o^f^-*  in  cj.co^in_^to^o_o^t^co^in^co^ 

^  -S  cf '^  gT  ^  00  CD  ^*  inincif^cncoTt<r^.^inai 

SSiiSooin-^  —  —  -Hoooi^coaocjintom 

.^i'roCOCOOO'*  —  OlC0.-intOi^00Tt"tOCTlO5 
^COCOCO         ^H.-i^^^^-^C0^H^^CO 


o  o  in 
-H  to  CO 

o  o  o 
o  oi  o 
to  c?  o^ 
"trTr^cT 
■rjH  p-(  to 
"*  CO  to 
.-  .^  .^ 
to  l^  00 


oincotoaooDocoiojcooooooooo^iooooDtoo 

oSS^tOCTJCOO  —  COOOOOOOOOOOOOOCJCOO 

r-imrjcoincotoocortooooooinincoinminoo^o 
gSSSr-SSi^Ofooooooocot-ocoi^'^insin 
§SSoSoSi»-co      oooinincj-*inintooooD  co  co  t- 


t^cot^cocococotoo 

CO-HCT^Cl-'tO-iO) 


.^      ^      r       ^      *^      '■      r-      .-      »^      *"      t'       ■^,^''  ,0^ 

oi-^ototo-^incot^j^^^t^i^f^S 

oito  —  05C0O  —  coi^int^totoeo 

rtrtCocococo-HrtCO'Hrtin 


00  in 
00  — 

CO  CO 

^     Ttl 

00  CO 

m  oi 
t~  o 


^^Cj^i^cococot^oaoooicoO'^^tocDOr^toto 
oocooit^oicoor^cocortooininooin— <oDrt05coo 

r-mcocotoinTfOcoococo-^inotoco-^cocooi-^tD 
aoSf-'*in'S'^coco-*ooiini^ot^co-*Tf0^tDin 
ocotDCDCSQO'*^in'S"cioQOQOininQot^O'<j<oirtto 

o^aooo»'^in-<^coincoo.^-^ocot^coin-^tooc^ 

CBCDtOOClOOltOr^OOtOOOOOOOt^OOOOOOr-ClODOltO 


CO  05  00 

O  o  o 

-t  oo  05 
O  O  -J< 
00  i^  CO 


Oi  CO  -r 
in  —I  00 

t^  O  CO 

m  ^  to 
o  en  CO 


to  o  00  i^  oo  in 

to  CO  05  j^  o  CJ 

c?  CO  to  00  -1*  oo 

O  Ci  .^  t^  rj.  .rt 

.r^  in  C3  00  cT)  ^ 


ro'  o  O  criOOOiOitooCOd 

COOCOCOGOtOCOOtOtOt^t^ 

toi— i^to-^ooo-TT^intoi-* 
^-Xr^cTcT— "^-^cfcj  CO  r-  — 


mcooooo— •oi^'^oi'^co 
occricocoo3"*'-03"-icoo 

inco  —  inmiicjcoooaoco 
incooomoc'coi^coooi.^ 

OTfii^COtOCCt^COOOt^O 

cT la  17-^ •*  CO  <^ ^ 'f  cTi-^co 

C01^..hC000OCOO5CO  —  in 
OOOOJ^COO)CT3COC^OCDtO 


to  Of 

00  CO 

to  -* 
o  <yi 

00  CJ 

o  ■* 
in  <y> 

CO  t^ 

i~0~T^ 

.  CO  '" 


CO  CO 

00  CO 

CO  CO 

CO  1^ 

in  in 


CO  -^ 


to  o  o 
-.*  CO  in 

Ol  00  00 

o  -^  ^ 
r-  CJ  t-; 

tiTcd'co 

C^    -H    Ol 


■^com  —  a>--tot~cocnoocooocot^toi^inoi^ 
rtODr-'00inTt<coooco-HrtincitDTftocO"-iinco 

toO'*-Htococor^ooointD':j<c}cooicooin^ 
r^oooi-icoopi--incocO'^c»eooDrt-<r)iC}co 
■^QOO.-'toooocoint^'^in.-HOt^ai-^as'^r^ 

ocodincodininGi-^in^^i^t^ini^cioocoin 
mo-^i-^Oito  —  oi^oo-^tococo  —  inocoom 
,_,^^^-4^Hcococococorj<.^T}<coco^inf^-^r- 


coi^o-HCO-^"*'^'-iooeocot^i^t^O'*co^ooJ^cii 
cotooin^toini^^^Ht^ost^inj^cocoooo-^-^co 

cotoocoinasoooo"^ootoin*^inoo^tocotoi^^co 
cotoooooinoocor^ooi^cocoinCTCicooiOtooo 
t^j^inTj.toooJ^'^cocotoasootoO'.^oocicocoot^ 
•^ooCTitoco-*o>>^'^ininootoaooi^-:t<to  —  Tjij^ 
— •t^oo^^ootoint^CTjcsin'— loocitor^otoooto-^ 
^  ^Ho^^to^^cococoin-^^t^^inco'-i      coco 


—  t^  tC 

00 

O  Ol  O 

CO 

—  cj  CO 

■* 

>*  t^  m 

00 

crj  rt  00 

.* 

oTr^o 

Tl< 

O   i^  03 

^ 

C<  — 1  CO 

CO 

in  00  oo 
■*  in  o 

.*  t--  — 

CO  -H  -* 
—  Oi  CO 

t-^cToo 
m  CO  in 

t^  CO  CO 


ootoinor^toin.— '^^cocoCTscoinococot^inincoto 
incoot^^Ht^rtco..^^tD{^intoQo.^ocoin-^oo^^ 

tocoo^coininoooO'-'Coino^o-.^r^in'^i^^Hin.^i^ 

-tiCOC0C0OO0000X00Cl'4(C000tOt0OltDJ^T(<C0'l" 

OitD^HCotocitocoCTjint^oocoin^^'^os'^coin-^co 

cT'^t^co'-^crotrorto'to  T^in'-**'  in  "  cTco  ^^j^to  cTr^  o 
'^toTt<oooo^'^'^o^cocoQoooina>-^0'^cooocoin 
'<s'coT}*Tjiinmt^ininintointototot^t^toQot^c5ao 


i-icoco.^intoi^aoo:>o.-"Coco-^intot^ooot)O^HC?co'^in 
oiOiosoiOiOiCTiaiOjooooooooOO--;'-!--;'-;'-''-; 
j^t^r^t^t>.i^t^t^t^aDQoaoooooooooooooooQOooooQOOooo 


to 


00 

CO 

m 


CO 

05 

in 

CO 


00 
CO 

in 


to 
to 

in 
to 
ao_ 
to" 
in 
oo 


o 

05 


to 


CO 

00 


co^ 
cT 

o 


u 


V 

■s 

B 
o 


o 
t^ 

in 

CO 

CO 

eo~ 

CO 


o 

00 


1S15.] 


RECEIPTS    AND    EXPENDITURES. 


—  C-  GC  <c  «  o  o  o  =  c>  —  c^  o  c  o  o  t»  J-.  X  •-  T)  X  ~  X  - 

—  t~  O  o  X  -o  ^)  C)  -o  l~  1^  —  —  -)  ~;  —  C  =  :^  ~  X  1^  —  —  — 
o  c:  X  X  —  I-  «::  i~  -r  M  (~  c~.  -)  —  rf  —  5  iX  H  -  ci  '-  _  ■-•,  V 
— ,~^~,  —,-  —  '■"  t^ X  -■  X  X  -)  I-  -)  X  (^  c  s  —  ^  I-  -  i 

QO  X  r;.  o  I  ~  o  o  r:  -)  -  -  -J  >.-.  ^  'r.  z-.  ~  ~  ->  ^.  ~  ~  t:.  '.^  .- 

'",. ''v  ~.  ~v  H  "", ~  -,'"■%  -i, ~  ~  ^^  X  v:  —  o  c  ti  Z  i-  —  —  :-• 


'  —  -c  u-  X  C  X  C-.  I-'  X  X  -T  -r  C-."— ' 


921 


Id 


z 

o 

o 


—       < 
< 


< 


117 


<    -5 


2  c 


-7  ?•:  o  U-:  (-  X  i~  —  -:)  ?^  C-.  c  —  X  •-;  —  -J  i-  -^  t^  ~,  x 
i-  o  ?-.  c>  n  C-5  I-  c  —  -ii  X  c  —  -J  X  t -r  ?.  o  cv  ~ 


o  -r-  CO  «  — .  o  o  T  C-.  -J  —  n  ':)  —  X  X  o  =  —  o  1^  —  u-  X  — 

-  C5  i-  O)  t-  •^  i~  O  X  X  X  C-.  -  J-  X  i  ~   X  O  S  C-.  t-  =  #1  U-. 


o  ^  (7)  X  1=  o  M  —  M  -)  o  C-.  ':»  -^  (^ 


2  O  t-  -3  ~.  —  C-.  o 
X  O  f-  -)  —  i~  —   c. 


CI  CI  X  CI  o  i.-j  CI  o  -r  --i  X  X'  — '  t^  c.  —  '3  C-.  '-0  -^  i'^  —  —  —  -5 

^  X  .--  C:  -T  01  o  -r  Ci  O  -r-  -J*  —  t^  i^  -^  X  o  ^  ":"  —  C   C  O  '^ 

'w  —  f^  C-:  c.  —  '-:  C3  o  CI  CI  (^  1^  o  C-.  —  c-  1--  —  —  — — 

i^  (^  c^  o  o  -r  X  c:  *o  t-  -^  c)  in  X  X  X  — «  — '  o  o  o  5  —  —  — 

■*  X  -3"  Ci  —  CJ  O  —  C)  -O  O  'O  C.  C5  GO  X  CC  -JS  O  C.  ^  o  o  5  o 

-*■  c)  CI  r^  —  01  OT  ts  o  Ci  —  X  —  CJ  c  C-.  —  "o  c  X  ~  =  —  —  i, 

CI  t^  X  C)  C>  C)  -o  'O  C-5  M  C.  1^  O  C)  '^  X   c>  —  1-  o  -    -    =    =  ■- 

— .  CT^  Tf  -r^  0_  — ^  0_  e-5_  'O^  -O  I  ~  01  X  —  n  C-.  o  o  ^  o  5  5  C    5  l~ 

o^  t-^  i-^  t-^  t-^  o'  — '  -T  —■"  -r  -J^ t  '  o  x'  I  -'  x'  x'  x'  ■-=  x'  x'  x"  x'  x'  vi' 


o  o 

(N  o 

CO  o 


X 
X 
39 

x*" 


2  2  2  ^  2  S  2  '^  '-''  ^  ~  '■-  <=  "=  <^  ■•-;  =  i.-  (^  1,^ 
o  o  o  X  -?•  C-.  o  -n  ■^  o  -^  -r  X  o  -o  o  -3  o  X  C) 

O  O  CJ  Cl  C-5  C)  —  f  ^  X  O  —  —  J-  CI  c  —  —  X  o  •-= 

2  O  —  X  O   O  C3  CI  O    O  -:■  V2   -^   S  —  I-  -i   I    —  00 

o^o^t- j-^c-^cc^CJ^j- -t;o  — _^o  o  ~  ,:  c)  -3  j^  -  S 

in  t~  -?  co'c-T  c'cr-T"t-''c;'c'cr— '■-'—' ^'"—'"~' —ToT 
5  g  2.'  £  r  ;:^  -  !::  S-  2  -'  -  -  -  «~  i  -  1=-  S 

C5  M  CI  M  —   —   _„;.,„(;, _,  -,   ^^ 


0i-^0OOOO0000O0O3  0OC0{^5o5 

2  '^'  2  2  2  2  2  2  2  2  2  2  =  ■-'  "-"^  >-■:  '•':  '-■5  •=  t-  'C  >-c  .--^ 
2  ~  —  ^  ^  °'^  °  "^  ^  ^  ~  —  o  c)  c)  i~  (-  CI  o  X  ci  ^)  c, 
o  c^  o  o  o  X  >---  i-c  o  o  o  o  •-.  —  re  I.  o  Ci  c  i^  -,  A}  ri 

o       o  c!  o  c.  c.  o  t^  C-.  CO  cc  —  <::  —  —  o  c.  c>  X  —  =  —  X  — 

-r       o-iinc)  —  —  Occxooi  —  ccrcx-oc-:  —  —  i~f-c^K 

*    I   —             CJ        —  O!             r-        —  C)  C)  —  C)  C!  C)  c>  C)  c)  ■■-:  c? 


o 
o 


o 

o 


0}  o 

CO  o 

CO  CO 
X  X 

c» 


m-foor^oooooooococoooc;  —  o 

OCiwOOOOCOOOOOCOCOOoSoO 

•  ciCf^o  —  ooooeoooocco r-> 

iinoocoooooooooococ;— .  —  -^^ 


o  c.  i- 


■-foioinooooooooooSooc 
c^c>_o:  CJ  c-'^o  —  ooooooc;co<:;o 
o  o  I.-.  ^  -o  c)  of  cc'  n  c-f  c-T  x'  x'  x'  x'  x'  x'  x' 

X  X  X  —  c^  o  c;  Ci  ci  c;  c^  c:  ci  c;  Ci  c;  ci  C-. 


X   I 

Cl  C-. 


X  X  X 

C5  Cl  O 


U  -^  "^    '^" 


zj   o   a  ^   ^     . 
X  ;^    C    t,    —    ys 

"%  si's  S 


'•3  — '  Cl  O  C^  O  O  O  O  O  O        O  00  X  i-  o  o  X  o  — '  *  i^  o  — 
C2  O  JO  C)  C)  C  C)  O  O  00  CI         O  —  X  (^  10  TT  —  o  O  X'  C)  o  — 


-o  <^  O  O  —  -T-  —  o  o;  O  c> 
^  c>  j^  o  o  ^  "^  CO  -r  CJ  in 
—  in  CO  o  —  cs  ijD  i~-  '3  o  c» 
f^  X  X  cTco'cTo*"— 'oo  cfco" 
'^  —  oc^toco  —  in— -i^o 
Cl  —  O  O  O  —  -r-  O  Cl  c>  c 


O  00  C5  O  —  CO   05  O   O  X   C)  -v=  i^ 
5   "^  ~   —  "-">   —  CO  C)   —   — .  C-.   O   X 

o^  — , '-;  -',  —  I-;  l-"^, ~_ co^  —  oi  —  -S 
X  —  of  oo'  in' cT  i-^ r-" f-T  ^^ o'  r'  oo" 

— <  ci  in  c)  o  —  CO  o  o  o  c-  0-  = 
o  X  X  —  tr  i~  3  —  o  —  X  i  — 


xococitoooo  —  —  i--coinci"^oinooc5cneof~.; 

Xt^t--l^XOCOOCOl^—  C-.  O  —  -hCJOtOOCOi 


;  O  O) 
;  o  CO 


-r  -s"  oo  o  —  c.  — •  Ci  o  CO  m  —  C3  —  uo  r-  -^  m  c  CO  in  X  1^  o  -^1 

—  C>  —  —   —  —  O  C>  O  C>  -r  01  t^  O  'J  O  Cl  CJ  I-  —  CJ  —  —  t^  I-- 

co  CO  —  o  X  -J  —  X  rr>  X  X  CO  vo  C-.  r^  o  CO  o  -^  in  X  m  -c  —  -) 

c^.  o  to  c  X  CO  i^  o>  —  c)  X  oo  CO  in  o  f~  i^  -r  X  c  —  M  —  -i  — 

-T'  i^  Lo  —  i- >■  c>  -^  —  n  c^  v:  1-  c.  —  X  CO  i  m  c  ■-:  x  o-  o 

-r-M  ^       C>  —  '-^oocicococoininin'o'-^oto:^.—  C-  — 


—  »-0  Cl 


oooocoooooot^xi^oiocoo--;v:o5o3 

o  o  5  5  S  Cl  d  o  5  5  -J  -.i  —  |X  -i  —  o  S  o  5  C-.  5  5  —  ? 
o  c  o  Cj  o  ci^ci_-^  o  o  oo  CO  Cl  X  c  c  o  in  o  CO  CO  o  cr,  t~  cJ 
:'  o'  o  o"  cT  —  d"  x'  vc^  Cl  —  i'  cT  of  — '  •-:  x"  — '  co'  mf  x'  -o  -o'  t-^  f-^ 

J  Cl  T  •-  —  X  -r  C>  C  1^  -O  01  CO  X  01  —  X  Cl  —  O  OJ  ".i  m  O  — 


C'  _ 

O  Cl 


■  J-  ^  •-'  ^1  I'  — ;  ■ .  * .  JL  • .  —  JL  171  "  in  o*  —  in  o 

^  ti  o  -o"  o>  in  — _^  —  01  T^  Cl  — _  —  c)  c)  Cl  Cl  Cl  CJ 

oi'  --       CJ       Cl" 


o  -^  o  CO  ^  r^  ^  o  in  Cl  in  o  *T*  0)  01  —  -?-  Cl  X  X  01  *^  CO  Cl  ^^ 
o  —  Cl  —  oocic-t^'ooiomt^-iciinciocixi^  —  = 


—  xo  —  cixr^xo  —  -1>CQCll^ln-r>lnc:^^CJln-r•oc5u- 
^  in  ^  CO  o  c^  T-«  o  Cl  m  Cl  t^  CO  —  CO  o  00  c  o  (^  to  Cl  in  in  c^ 
"   '"     "'  '  •  -^  —  o  x  Cl  01  ^  01  o  o  —  'o  c  in  Cl  c  CO  in 


00  -T  •—  O  CO  Cl  t^ 


«3000of^t--0'rxincioi^cof^  —  Oil—   _ 

p-"^  —  Or-«to^oociinoi-^oxinj^c^  —  ex  _ 
—  ""■"""'  o  lo  o  o  f~  tj  -o  t;  -o  i^  t^  i~-  —  o  — 


cr.  ■ 


.  in  X  in  T  CO  uo 


■  ■*  -r  o  o  -^  o  X 


—  Cl  01  -T  in  o  1^  X  Cl  o  —  01  CO  —  in  -o  (^  X  c  o  —  c^  M  —  1.0 
ciciciccicicicic  coocoooosc  —  -. _ 

t^  t-  t^  t^  J^  t»  t^  1^  1^  X  X  X  X  X  X  X  X  X  X  X  X  X  X  X  X 


tt 


X 

■n 


« 


o 

CO* 
X 


X 

o 
•o 
i^ 

00 
01 
Cl 


01 

o 


Cl 

o 

Cl 


* 


*• 


o 


Ci 

x' 


-  _r    I 


Cl 
CO 


I 


l^DEX  TO  FINAI^CE. 


VOLr.^IE  II. 


A. 

i'ages. 
^iha'emcnt  of  duties — On  damaged  merchandise;  report 

unfavorable,     -  -  -  -  -         64 

Accminis,  unsettled — Of  the  Treasury,  War,  and  Navy 

Departments;  report  of  committee,     -  -       415 

Of  the  War  Department;  report  of  the  Secretary 

of  War,  -  -  -  -  -       813 

.fiecounts  settled — Three  per  cent,  to  be  allowed  on  cer- 
tified balances  of,         -  -  -  -       868 
Aceciunts  between  the  United  States  and  the  States — Re- 
port of  Secretary  of  the  Treasury  respecting-,       163 
Accountability  of  disbursing  officers — War  and  Navy,       -       335 
In  the  Navy  Department,             -             -             -       348 
In  the  War  Department,              -             -             -       813 
Additional  duties — Report  of  Secretary  of  the  Treasury, 
showing'  what  articles  may  be  taxed  on  quan- 
tity instead  of  value,    -             -             •              -78 
On  hats;  memorial  asking,           -             -            -       257 
On  twine  and  hues;  memorial  asking,     -             -       306 
Report  of  the  Secretary  of  the  Treasury  on,        -       412 
Recommendedby  a  committee,  February  5,  1811, 

for  the  encouragement  of  manufoctui'es,  -       481 

Report  of  the  Secretary  of  the  Treasury  on  the 

effect  on  the  revenue  to  be  produced  by,        -       483 
Agricullti,e — Benefactions  of   the   arts  and    manufic- 

tures  to,  -  -  -  -  -       666 

Ale,  beer,  and  porter — Duty  proposed  on,  -  854,  869 

Alexander,  John — Prays  remission  of  forfeiture  incurred 
by  engaging-  in  a  foreign  trade  with  a  coasting 
vessel;  report  unfavorable,      -  -  -       833 

Allowances  to  fishing  vessels — Above  admitted  rate,         -       334 
Of  drawback,   on  merchandise  too  long  within 

the  United  States;  report  favorable,    -  -       406 

Arnary,  Francis,  (of  Boston) — Prays  remission  of  for- 
eign tonnage  duties  on  an  American  cargo; 
report  adverse,  -  -  -  -       171 

Armroyd,  George,  &  Co — Pray  ih'awback  on  goods  sup- 
posed to  be  too  long  within  the  United  States; 
report  favorable,  ....       406 

Arms — Exemption  from  import  duties  of  foreign,  -         22 

Armstrong,  John,  (Minister  to  France) — Suspension  of 

payment  of  bills  drawn  by,  and  accounts  of,  -       554 
Army — Extra  allowances  to  the  commander-in-chief  of 

the;  inquir}'  into,         ....       337 
New  organization  of  the  pay  department  of  the, 

proposed  by  the  Secretary  of  AVar,     ■  -       813 

Articles,  domestic  and  foreign,  consumed  in  clotli- 

ing  the,  in  1813,  and  estimate  for  1814,  -       815 

(See  Military  Establishment.) 
Articles,  foreign  and  domestic — Consumed  in  clothing  the 
army  and  navy  of  the  United  States,   in  1813, 
and  estimate  for  1814,  -  -  -       815 

Arts  and  manufactures — Of  tlie  United  States;  report  of 
the  Secretary  of  tlie  Treasury,  with  statement, 
prepared  by  Tench  Coxe,  of  the,         -  -       666 

Benefiictions  to  agriculture,  commerce,  naviga- 
tion, and  the  fisheries,  and  subserviency  to  the 
public  defence  of,         -  -  -  -       666 

Practical  foundations,  actual  progress,  condition, 

and  establishment  of  the,         ...       677 
Assays — Of  foreign  coins  at  the  mint,  1807,       -  -       265 

Same,  1809,       -  -      385 

Same,  1810,       -  -       455 

Same,  1811,       -  -       509 

Same,  1812,       -  -       597 

Same,  1813,       -  -       648 


Associate  reformed  church — Petition  for  remission  of  da- 
ties  on  theological  books,         -  .  -         58 
Attorney — Warrants  of,  stamp  duty  proposed  on,         -       887 
Attorneys  at  law — Tax  proposed  on  income  of,  -       869 
Report  against  tax  on,     -             .             .  .       g^S 
Auction — Duties  on  sales  at,  1801,           -             .        12,15,17 
Duties  on  sales  at,  proposed,  1812,         -             -       539 
Duties  on  sales  at,  1813,               -             -             -       627 
Increase  of  100  per  cent,    on   dutv  on  sales  at, 

1814,    -  .  -  -■  -  .854 

Amount  proposed  to  be  raised  annually,  during 
the  war,  on  sales  at,     .  -  -  .       867 

B. 

Bailey,  Benjamin,  Bogart  James,  Jun.  and  others — Ask 
remission  of  duties  on  goods  destroyed  by  fire; 
refused,  -  -  -  -  -       114 

Balances — Due  from  States;  answerto  a  resolution,  H.  R.       163 

Due  from  individuals  to  United  States,    -  -       356 

And  unsettled  accounts;  report  of  committee,    -       415 
Baltimore  Banks — Suggest  the  expediency  of  making 
foreign  gold  coins  a  legal  tender,  and  prohibit- 
ing the  exportation  of  specie,  -  -       837 
Bank — Citizens  of  New  York  pray  for  the  estabhshment 

of  a  national;  report  adverse,  -  -       C63 

Secretary  of  the  Treasury  proposes  the  establish- 
ment of  a  national,       ....       867 
Banks — Public  deposites  in,       -  -  -  -       216 

Report  of  Secretary  of  tlie  Treasurv',  with  details 
of  arrangements  made  with  the  State  banks  re- 
lating to,  -  -  -  -  -       516 

Duties  proposed  on  notes  of,  1813,  -  -       627 

Report  on  receiving  in  paN'ment  of  taxes  the  notes 
of  all  and  any,  paid  by  Government  for  milita- 
rv'  services,       -  .  :  -  .       874 

Incorporated,  in  the  District  of  Columbia,  state  of,       830 
Bank  stock — Recommended  for  remittances,      -  -  6 

Receipts  from  dividends,   bonus,    and  sales  of, 

1792  to  1803,  inclusive,  -  -  ■       919 

BANK  OF  THE  UNITED  ST.\TES— Sale  of  stock  in 

the, 6,  9 

Memorial  of  the,  April  20,  1808,  soliciting  re- 
newal of  the  charter,  -  -  -  -       301 

Report  of  Secretaiy  of  the  Treasury  on  the  re- 
newal of  the  charter,  .  -  -  -       351 

Report  of  committee  in  favor  of  renewal,  -       406 

Report  of  Secretary  of  the  Treasury,  with  state- 
ments of  dividends,  capital  of  branches,  and 
expenses  and  losses  of  the,  April,  ISIO,  -      417 

Memorial  of  the,  soUciting  renewal  of  the  char- 
ter, December  10,  1810,  -  -  -       451 

Xlemorial  of  Chamber  of  Commerce,  Philadel- 
phia, praying  renewal  of  charter  of  the,  -       453 

Bank  of  New  York  solicits  renewal  of  chai-tcr  of 

the,      -----  -       460 

Report  of  Secretary  of  the  Treasury,  with  state- 
ments of  debts  due  to,  notes  of,  in  circulation, 
and  treasury  deposites  in,  &c.  -       460 

Resolutions  of  the  Legislature  of  Pennsylvania 

against  renewal  of  the  charter  of  the,  -  -       467 

Report  of  the  Secretary  of  the  Treasury,  Janua- 
ry 24,  1811,  with  statements  showing  debts 
due  to  and  from  tlie,  treasury  deposites,  and 
general  state  of  the,     ....       468 

Resolutions  of  the  General  Assembly  of  Virginia 

against  the  renewal  of  the  charter  of  the  -       470 


INDEX   TO    FINANCE. 


Pages. 
BANK  OF  THE  UNITED  STATES— Memorial  of  868 
citizens  of  Philadelphia,  praying  renewal  of 
the  charter  of  the,        -  -  -       470 

Memorial  of  inhabitants  of  Pittsburg,  Pennsyl- 
vania, against  renewal  of  the  charter  of  the,    -       479 
Report  of  the  Secretary  of  the  Treasury  to  the 
Senate,  of  January  30,  1811,   on  the  facilities 
in  the  collection  of  the  revenue  by,  and  the 
public  benefit  of  the,  -  -  -  -       480 

Keport  of  the  committee  of  the  Senate,  United 
States,  March  2,  1811,  against  the  renewal  of 
the  charter  of  the,        ....       486 

Report  of  the  committee  of  the  House  of  Repre- 
sentatives of  the  United  States,  March  2, 1811, 
against  the  renewal  of  the  charter  of  the,        -       487 
Establishment  of  a,  proposed,     ...       867 
Report  of  the  Secretary  of  the  Treasury  on  the 
practicability  of  getting  44,000,000  of  treasury 
notes  into  circulation,  without  depreciation,  as 
part  of  the  capital  of  the,         ...       872 
Memorial  of  the  banks  of  the  city  of  New  York, 

against  the  incorporation  of  a,  Dec.  1814,       -       876 
Act  incorporating  the  subscribers  to  the,  retiu-n- 
ed  by  President  Madison,  with  reasons  for  dis- 
approval, -  -  -  -  -       891 

Bankers — Composition  for  the  stamp  duty  on  notes  of 

corporations,  companies,  and  private,  -       869 

Barbary  Powej'S — Expenses  attending  relations    with 

the,      .  -  .  \  6,  48,  108,  142 

Same,  from  April  1,  1801,  to  March  31,  1805,  157 

"      for  1807,  -  -  -       204 

"      for  1808,  -  -  -       247 

Barretio,  Francis,  (of  New  York) — Prays  relief  as  surety 
on  a  custom-house  bond;  report  to  free  his 
person  from  arrest  or  confinement,      -  -       203 

Bcckford,  Ebenezer,  andothers — Pray  protection  for  iron 

manufactures.  New  Hampshire,  -  -       528 

Beer,  ale,  und  porter — Duty  of  one  cent  per  gallon  pro- 
posed on,  1814,  -  -  -  -       854 

Duty  of  two  cents,  ....       869 

Benezet,  Anthony,  et  uls. — Pray  release  as  sureties  on 
collector's  bond,  on  account  of  delay  in  bring- 
ing suit  by  the    Government;   report   favor- 
able,   ------       135 

Bequests,  legacies,  and  statutory  distribution — Tax  pro- 
posed on,         .....       887 

Bills — Drawn  by  John  Armstrong,  under  convention 

with  France;  suspension  of  payment  of,  -       554 

Of  exchange;  duties  on  foreign,  proposed,  1813,       628 

"   Stamp  tax  proposed  on  protests  of,  1815,       887 

Penal,  stamp  duty  proposed  on,  -  -       887 

Of  sale,    -  .  -  -  -  -  -       887 

Boardman  and  Pope — Pray  for  permission  to  secure  du- 
ties on,  and  sell  goods  imported  from  beyond 
the  Cape  of  Good  Hope,  -  -  -       596 

Bonds  for  duties — Extension  of,  to  sufferers  by  fire  at 

Portsmouth,  New  Hampshire,  -  -         21 

On  importations  from  South  America,  asked,     -       115 
Bonds,  (revenue) — Outstanding,  January  1,  1809,  nine 

millions,  .....       422 

Penal  bills,  warrants  of  attorney,  notai-ial  instru- 
ments, policies  of  insurance,  negotiable  notes, 
protests  of  bills  of  exchange,  promissory  notes, 
bills  of  sale,  and  hypothecation  of  vessels,  bot- 
tomry and  respondentia  bonds;  stamp  tax  pro- 
posed on,  January,  1815,  -  -  -  887 
Bonus — Sales  of  bank  stock,   and  dividends;  receipts 

from,  1792  to  1802,  inclusive,  -  -      919 

Books — Protecting  duties  on,  asked;  report  adverse,     -       118 
Boots  and  shoes — Duties  proposed  on,  1814,       -  -       855 

Bounties  on  fishing  voyages — See  Fishing  bounty. 
Bounties  and  allowances — and  expenses  in  collection  of 

of  duties,  1800,  1801,  1802,    -  -  49,  149 

Same,         for  1803,  1803,  -  .  -109 

"  for  1803,  1804,  -  -  -       144 

"  for  1804,  1805,  -  .  -       207 

"  for  1805,  1806,  -  -  -       249 

for  1806,  1807,  -  -  -       310 

"  for  1808,  -  -  .  -       366 

"  for  1807,  1808,  -  .  .       37.5 

"  for  1808,  1809,  .  .  -      442 

"  for  1809,  1810,  -  -  -      498 

for  1810,  1811,  -  .  -       582 

for  1811,  1812,  -  -  .653 

"  for  1812,  1813,  -  -  -       848 

Brana,  Robert  Peter,  (of  Philadelphia — Prays  drawback 

on  shipment  of  merchandise;  report  adverse,       336 
Brewers  of  malt  liquor — Protection  prayed  for  by,         .       528 
British  manufactures — Report  of  Committee  of  Ways  and 
Means  on  petitions  of  sundry  merchants  who 
had  inciured  forfeitures  and  penalties  by  im- 
portations of,  November,  1812,  -     '        -       570 
Brown,   IVilliam,   (collector  of  New  Orleans} — Defal- 
cation of,          -             -             -             .  .       393 
Brush  mailers — Pray  for  protecting  duties,         -  -         29 


Pages, 
Buck,  Anthony  G.  (of  Fredericksburg) — Prays  remis- 
sion of  penalty  for  violation  of  embargo  laws; 

report  favorable,          -             .             .             .  420 

c. 

Caldwell,  William  A.  of  South  Carolina — Prays  remis- 
sion of  penalty  for  violation  of  embargo  laws;  re- 
port adverse,        -             .             .             -             .  419 

Calico  printers — Pray  for  protecting  duties,        -             -  29 

Candles — Duty  of  two  cents  per  pound  on  tallow,  and 
ten  cents  per  pound  on  spermaceti  and  white 

wax,  proposed  on,  1814,              -             -             -  854 

Canton — Sales  of  lands  in  the  district  of — 

From  1807  to  1808,          -             -             -             -  313 

1808  to  1809,          -             -            -             -  379 

1809  to  1810,          -             -             -            -  445 

1810  to  1811,          .             .             -             -  502 

1811  to  1812,          -             -             -             -  585 

1812  to  1813,          -             -             -             -  657 

1813  to  1814,          -             -             -            -  852 
Cape  of  Good  Hope — Importations   from   beyond  the, 

owners  pray  for  permission  to  secure  duties 
and  sell  goods,  &,c.      ....  596 
Memorial  praying  for  prohibition  of  the  importa- 
tions of  cotton  goods  manufactured  beyond  the,  834 
Cards — Drawback  asked  on  playing;  report  adverse,    -  164 
Duty  proposed  of  twenty-five  cents  per  pack  on 

playing,  1814,  '-  -  -  855,  869 

C«m"Ojfi-£«— Duties  on,  1801,       -  -  -         12,  16,  17 

Duties  on,  proposed,  1812,          -             -             -  539 

Duties  on,  1813,               ....  027 

Amount  proposed  to  be  raised  annually  during 

the  war,  on,      .....  867 

Difficulties  in  collection  of  duty  on,         -            -  870 
Cayla,  du,  Joseph — Prays  protecting  duty  on   paints; 

report  unfavorable,          ....  257 
Channing,    Walter,  of  Gibbs  and  Channing,  Newport, 
Rhode  Island — Prays  remission  of  duties  on  salt- 
petre, on  the  ground  that  it  is  not  chargeable 

with  duty,             -             -             -             -             -  258 
Chapman,  Daniel,  and  others — Ask  for  fishing  bounty; 

refused,    ---...  \Q1 

Chilicothe  district— Si\cs  oflands  in  tlie,  1801  to  1802,  7 
Same,  -  .1802  to  1803,  52,  53 
Same,           -            .    1803  to  1804, 

112,  151 

Same,            -             -    1804  to  1805,  147 

Same,            -             -    1805  to  1806,  210 

Same,           -             -    1806  to  1807,  252 

Same,           -            -    1807  to  1808,  313 

Same,            -             -    1808  to  1809,  379 

Same,           -             -    1809  to  1810,  445 

Same,            -             -    1810  to  1811,  502 

Same,            -             -    1811  to  1812,  585 

Same,           -             -    1812  to  1813,  657 

Same,           -             -    1813  to  1814,  852 

Cincinnati  district — Sales  of  lands  in  tlie,  1801  to  1802,  7 

Same,           -             ■    1802  to  1803,  52 
Same,            -             -    1803  to  1804, 

112,  151 

Same,            -             -    1804  to  1805,  147 

Same,            -             -    1805  to  1806,  210 

Same,            -             -    1806  to  1807,  2.52 

Same,            -             -    1807  to  1808,  313 

Same,            -             -    1808  to  1809,  379 

Same,            -             -    1809  to  1810,  445 

Same,            -             -    1810  to  1811,  502 

/                         Same,            -             -    1811  to  1812,  585 

Same,            -             -    1812  to  1813,  657 

Same,            -             -    1813  to  1814,  852 
Civil  list,  and  diplomatic  and  miscellaneous  expenses — 

Estimate  for,  1803,     ^680,000,  ...  6 

1804,  791,000,  -             -             -  48 

1805,  952,000,  -             -             -  108 

1806,  1,150,000,  -             -             -  142 
Expenditure  of,  for  four  years  from    April   1, 

1801,  to  March  31,  1805,"          -             -             -  156 

Estimate  for,  1807,  $1,150,000,  -             -             -  204 

1808,  1,100,000,  -             -             -  247 

1809,  900,000,  -             -             -  308 
1,342,000,  -             -             -  365 

1810,  1,500,000,  -             -             -  374 

1811,  1,240,000,  -            -             -  440 

1812,  1,260,000,  -             -             -  495 
"       1,560,000,  -             -             -  569 

1813,  1,500,000,  -  -  -  580 
Nine  months  of  1813,  $900,000,  -  623 
First  quarter  1814,  $400,000,        -  644 

Payments  made  in  1813,  for  the,             -             -  651 

Estimate  for  1814,  $1,700,000,     -             -             -  651 

Authorized  for  1814,  $2,445,355,  -  -  840 
Payments  in  1814,  -  -  -  840,  868 
Estimate  for  1815,  $1,979,289,  -  -  886,912 
Expenditure  for  civil  list,  from  March  4,  1789,  to 

December  31,  1815,     -       .      -             -             -  920 


INDEX   TO    FINANCE. 


Claims — Re-payment   on  account  of  advances  made  in 
England  for  the  prosecution  of,   §150,000, 
To  be  paid  under  the  convention  with  France,  - 
Propriety  of  legalizing-  the  payment  of,  in  Go- 
vernment stocli  or  treasury  notes,  considered, 
Clason,  Isaac — Prays  for  drawback  on  goods  shipped, 
for  which  debentures  were  not  claimed,  until  the 
expiration  of  ten  days  after  clearance;  report  fa- 
vorable,   -  -  -  - 
Clothing — Additional  duties  proposed  on  ready  made,  - 
Articles  of,  foreign  and  domestic,  used  in   the 
army  and  navy  of  the  United  States  in  1813 
und'l814,          -             -             .  .  . 
Coinage — At  the  mint  in  1802,  -             -               19,  33,  3 
Comparative  statement  of,  from  1798  to  1802,     - 
Statement  of  gain  on  copper, 
At  the  mint,   1803,           -             -         75,   103,  10 j 


rages. 

48 

202 

883 


161 

482 


815 
i,  36 

20 

21 

106 


1804,  -  -  -  119,  136 

1805,  -  -  -  166,  199 
At  the  mint  from  commencement  to  December 


31,  1805, 

At  the  mint,  1806, 
1807, 
1808, 
1809, 
1810, 

At  the   mint   from 
31,  1809, 

At  the  mint,  1811, 
1812, 
1813, 
1814, 


197 
265 
385 
455 
456 
509 
597 
648 


168,  201 
225,  243 
263,  303 
317,  354 
391,  410 
-  _  -  -  458,  488 

its   institution  to  December 

-       464 
515,  562 
599,  620 
649,  835 
883,  907 
Coins,  foreign — Report  on,  proposed  repeal   of  second 
section  of  act  of  February  9,  1793,  relating  to, 
Assays  at  the  mint  of,   1807, 
1809, 
1810, 
Currency  of;  report  of  committee, 
Assays  at  the  mint  of,  1811,        -  -  - 

1812, 
1813, 
Expediency  of  making  a  legal  tender  of, 
Colleeiion  district — Application   for  a,  to  be  formed  of 
towns  in  Connecticut  and  Rhode  Island;  report 
adverse,    ---.-. 
Collector  of  New  Oileam — WiUiam  Brown,  defalcation  of. 
Collector's  bond — Surety  released,  from  delay  in  officers 
of  Government  bringing  suit,  - 
Sureties  released,  because  the  principal  was  re- 
leased  improperly  by   the   Secretary-   of  the 
Treasury,  and  a  discharge  of  principal   ope- 
rates a  discharge  of  sureties,     - 
Collectors — Indemnity  to,   from   damages   arising  from 
seizures;  report  of  Secretar}'  of  the  Treasury, 
Of  Philadelphia,  Norfolk,  Plymouth,  (Mass.)  aiid 
Baltimore,  ask  increase  of  compensation,        51 
Combmahers — Pray  for  protecting  duties. 
Commander-in-chief  of  the   army — Inquiry   into    extra 
allowances  made  to  the,  -  -  -  - 

Commerce — Benefactions  of  the  arts  and  manufactures  to, 
Commissioner  of  loans — Discontinuation  of  office  of,  con- 
sidered and  reported  on,  ... 
Commissioner  of  the  revenue — Reports  of  the,         -     12,  30,  66 
Establishment  proposed  of  the  office  of,  1813,  -       628 
Commissioners    of  the  sinking  fund — Powers  of  the, 

(For  reports,  &c.  see  Sinking  fund.) 
Compensation — To  inspectors  of  the  customs,  increase 
asked;  report  adverse. 
To  G.  AV.  Erving;  report  of  the  Secretary  of  the 
Treasury,  .  .  -  -  - 

Of  revenue  officers  of  Philadelphia,  Norfolk,  Ply- 
mouth, (Mass.)  and  Baltimore,  asked  to  be  in- 
creased, ...  -  512^ 
Composition — For  the  stamp  duty  on  notes  of  private 

bankers,  corporations,  and  companies,    - 
Connecticut  and  Rhode  Island — Inliabitants  ask  that  a 
new  collection  district  may  be  formed  of  towns 
in  both  States;  report  adverse. 
Wire  manufacturers,  pi-ay  for  protection. 
Exhibit  of  manufactures  in,  1810, 
Distillers  complain  of  the  unequal  operation  of 
the  duty  on  stills;  report  adverse. 
Convention  with  France  of  April  30,  1803 — Payments 
made  to  American  citizens  under  the. 
Claims  to  be  paid  under  the, 
Conflictin.g  claims  under  the. 
Suspension  of  the  payment  of  bills  drawn  by  Mr. 
Armstrong  under  the,  -  -  -  - 

Conveyances,  mortgages,  and  leases — Tax  proposed  on, 

869; 

Copper — Memorial  against  laying  duties  on.  in  sheets,    - 

Same,  asking  seventeen  and  a  half  per  cent,  duty 

on,  in  sheets,    .  -  -  -  - 

Communications  on  laying  duty  on,  manufactured 

in  bolts  and  sheets,      -  -  -  602,  603 


135 


570 

226 

514 

29 

337 
666 


61 


69 


255 


484 


14 


869 


226 
553 
736 

890 

186 

202 


554 

887 
257 

268 


111 

rages. 
Cordwainer$—Vra.y  for  protecting  duties,  -  -         2^ 

Cork  cutters — Pray  for  protecting  duties,  -  -         29 

Corp,  Samuel — Petitions  for  remission  of  duties  on  mer- 
chandise landed  at  New  Orleans,  after  touching 
at  New  York;  report  favorable,   -  -  -         77 

Cotton  goods — Manufacturers  of,  pray  for  protection,     -       834 
-Manufactui-es  from  beyond  Cape  of  Good  Hope, 

additional  duties  proposed  on,  -  -       482 

Yarn,   duty  proposed  of  twenty-five  cents   per 

spindle  on  manufiicture  of,  October,  1814,       -       854 
Counsellors  and  attorneys  at  lau' — Taxes  proposed  on  in- 
comes of,  -  -  -  .  .       869 
Report  against  tax  on  incomes  of,             -             -       873 
Courts  of  the  United  States — Taxes  proposed  on  legal 

proceedings  in  the,      ....       §59 

Report  against  tax  on,     -  same,         -       872 

Tax  proposed  on,  January,  1815,        same,         -       887 

Coxe,  Tench — Digest  of  manufactures  prepared  by,       -       666 

Credit — Report  of  Secretary  of  the  Treasury  on  public, 

October  14,  1814,    "         -  -      "       -  -       866 

Crcighton,  Jamef,of  New  ]VA:— Prays  drawback  on  ship- 
ment of  merchandise;  report  adverse,     -  -       336 
Currency  of  foreign  coins — Report  of  committee  on,       -       456 
Customs — Payments   made  by   collectors  of  the,  from 

April  1,  1801,  to  March  31,  1805,        -  -       154 

Inspectors  of  the,  ask  additional  compensation; 

refused,  -  -  -  -  -       255 

Amount  of,  witli  charges  tliereon  from  the  com- 
mencement of  the  Government  to  December 

31,  1807,     _ 320 

Amount  of,  with  charges  thereon  I'rom  the  com- 
mencement of  the   Government  to  December 

31,  1810, 542 

Amount  receivable  in  1815  from,  -  -       913 

Receipts  from  March  4,  1789,   to  December  31, 

1815,  from  the,  ....       gjy 

(See  Duties.) 
Custom-house  bond— HtWef  to  a  surety  in  a,  report  to 

free  person  from  arrest  or  confinement,  -       203 

D. 

Debentures — Issued  in  two  years  ending  Sept.  1802,        -  5 

Issued  on  exportation  of  foreign  merchandise  dur- 
ing the  years  1800,  1801,  and  1802,  49,  149 
Same,  for  1802  and  1803, 

"     for  1803  and  1804, 

"     for  1804  and  1805, 

"     for  1805  and  1806, 

"    for  1806  and  1807, 

"     for  1808,      ----- 

"     for  1807  and  1808, 

"     for  1808  and  1809, 

"     for  1809  and  1810, 

"     for  1810  and  1811, 

"     for  1811  and  1812, 

"     for  1812  and  1813, 
DEBT  OF  THE  UNITED  STATES— Appropriation  of 

$7,300,000  for  payment  of  the. 
Payment  of  §8,334,757  89,  and  §1,287,000,  on  ac- 
count of,  -  -  -  -  - 
.\nnual  appropriation  of  §7,300,000  for  the. 
Payments  on  account  of,  per  report  of  Feb.  3,1803, 
Inquiry  into  the  application  of  Sr,300,000  to  the,         37 
Payments  on  account  of,  per  report  of  Oct.  25, 

i803,      ...  -  -        48,  53,  54 

New,  for  Louisiana  purchase,  how  to  be  paid,      -  48,  49 
Statements  of  redemption  of  principal  of,  1801, 

1803, 54 

Annual  appropriation  for   the  payment  of  the, 

§8,000,000,      108,  142,  204,  247,  308,  365,  374,  440, 

495,  569 
Statements  of  payments,  &c.  of  the,  1804,  109,  113 

Redemption  of  principal  of  the,  .\.pril  1,  1801,  to 

Sept.  30,  1804,  -  -  -  -       113 

Statements  of  payments  ,  &c.  of  the,  1805,         143,  148 
Redemption  of  principal  of  the,  April  1,  1801,  to 

Sept.  30,  1805,  -  .  -  - 

Expenditures  on  account  of  interest  and  charges 

on  the,  for  four  years,  April  1,  1801,  to  March 

31,  1805,  ...  -  - 

Payments  on  account  of  the  principal  of  the,  for 

four  years,  from  April  1,  1801,  to  March  31, 

1805,      ------ 

Repeal  of  act  authorizing  payment  for  lands  in 

evidences  of,  recommended. 
Statements  of  payments,  &c.  of  the,  1806,  205,  211 

Redemption  of  principal  of  the,  April  1,  1801,  to 

Sept.  30,  1806,  .... 

Statement  of  the,  Jan.  1,  1801, 1802,  1803,  1804, 

1805,  1806,  1807,  .  -  -  . 

Payments  on  account  of  the,  Jan.  1801  to  Dec. 

1806, 

Statements  of  payments,  &c.  of  the,  1807,  247,  254 

Redemption  of  principal  of  the,  April  1,  1801,  to 

Sept.  30,  1807,  -  -  -  -       254 

Statement  of  the,  Jan.  1,  1791,  to  Jan.  1,  1807, 


109 
144 
207 
249 
310 
366 
375 
442 
498 
582 
653 
848 

i,  48 

6 
7 


148 


159 


160 


162 


211 


237 


239 


287 


IV 


INDEX   TO   FINANCE. 


Pages. 


16 


82 


DEBT  OF  THE  UNITED  STATES.— 

Statement  of  payments,  &c.  of  the,  1808,  307, 

Redemption  of  principal  of  the,  April  1,  1801,  to 

Sept.  30,  1808,  -  -  -  ^        316, 

Statements  of  payments,  &c.  of  the,  1809,    365,  373, 
Redemption  of  principal  of  the,   from  April  1, 

1801,  to  Sept.  30,  1809,  -  -  -      382 

Redemption  of  ditto,  April  1,  1801,  to  Sept.  30, 

1808,  corrected,  -  -  -  -      383 

\niount  of,  incurred  and  reimbursed  from  Jan.  1, 

1791,  to  Dec.  31,  1809,  -  -  423,  425 

Statements  of  payments,  &c.  oftlic,  1810,      ^     440,  447 
Redemption  of  principal  of  the,   from  April  1, 

1801,  to  Sept.  30,  1810,  -  -  -      447 

Statements  of  payments,  &c.  of  the,  1811,     ^     495,504 
Redemption  of  principal  of  the,   from  April  1, 

1801,  to  Sept.  30,  1811,  -  -  -       504 

Amount  of  the,  April  1,  1801,  and  Jan.  1,  1812,        505 
Statements  of  payments,  &c.  of  the,  1812,       569,  580, 

587 
Redemption  of  principal  of  the,   from  April  1, 

1801,  to  Sept.  30,  1812,  -  -  -  ^   587 

Statements  of  payments,  &c.  of  the,  1813,  623,  651 

Provision  for  the,  first  quarter  1814,         -  -      644 

Estimates  of  amount  necessary  for  1814,  for  the,         651 
Redemption  of  principal  of  the,  from  April  1, 

1801,  to  Sept.  1813,      -      _      - 
Revised  statement  of  the,  April,  1814, 
Estimate  of  payments  to  be  made  during-  the  year 

1814  on  principal  and  interest  of  the,  §12,502, 000, 
Payments  in  1814  for  the,  -  -  840,  868 

Inquiry  into  provision  for  last  quarter  of  1814,  for 

the  payment  of  the,       .  .  -  - 

Amount  necessary  in  1815  for  payment  of  tlie,     - 

Amount  payable  in  1815  of  the,  §14,723,808,      - 

Report  of  the  Secretary  of  the  Treasury,  Feb.  24, 

1815: 

1.  On  amount  of,  before  the  war,  $39,905,183 

2.  On  amount  created  since  the  war,  indepen- 
dent of  temporary  loans  and  treasury  notes, 
?49,780,322,  .  .  ."  - 

3.  On  payment  of  interest  and  reduction  of 
principal  of  the  war  debt, 

PajTTients  made  on  account  of  the,  from  March  4, 

1789,  to  Dec.  31,  1815, 
[For  minute  statements  relative  to  the  debt  of  the 
United  States,  see  Sinking  Fund.] 
Defalcation — Of  the  collector  of  New  Orleans,  "William 
Brown,  ..... 

Defence — Subserviency  of  arts  and  manufactures  to  the 
public,  ------ 

Delaware — Exhibit  of  manufactures  in,  1810, 
Denton,  Christopher — Claim  under  French  convention,  - 
Deposites — In  banks  of  public  moneys,     ... 
Report  of  the  Secretary  of  the  Treasui-y,  with  de- 
tails of  arrangements  with  the  State  banks  relat- 
ing to,    ------ 

Digest  of  manufactures — Prepared  by  Tench  Coxa, 

(See  Manufactures.) 
Diplomatic  expenses — See  Civil  list,  &c. 
Direct  tax— Arvears  of  1S02,  $400,000,    - 

Receipts  into  treasury  from  the,  1800, 
Arrears,  1802,  $367,600, 
Arrears,  1803,  §250,000, 

Statements  of  the,  Dec.  20,  1803,  balances  due 
by  collectors,  &c.  .... 

Same,  Dec.  31,  1806,       -  .  .  . 

Same,  Dec.  27,  1809,       -  .  .  . 

$3,000,000  proposed  to  be  raised  by,  1812, 

1813, 

Mode  of  ascertaining  the  quotas  of  the  counties  in 

the  several  States,  of  the,  ... 

Estimated  receipts  from,  for  1814,  652,  840,  841 

Receipts  from,  1814,         ....       841 

Estimated  receipts  from,  1815,     -  -  -       843 

Continuation  and  increase  of,  Oct.  1814,     854,  866,  869 
Report  of  the  acting  Secretary  of  the  Treasury  on, 
sliowing  amount  received  on  Oct.  10,  1814,    855 
-    Amount  proposed  to  be  raised  annually  during  the 
war  by,  $2,500,000,      -  -      '      - 

Report  on  the  constitutionality  and  expediency  of 
imposing  on  the  District  of  Columbia  and  terri- 
tories of  the  United  States  a,     - 
Unequal  operation,  in  Tennessee,  of  the  act  im- 
posing a,  -  -  -  -  . 

Amount  receivable  during  the  year  1815,  from,  - 
Insufficiency  of  revenue  laws,  and  want  of  juris- 
diction in  the  State  courts  for  the  coUecti'ori  of 
the,        ---... 
Amount  of  receipts  from  1800  to  1815,  from. 
District  of  Columbia — Exhibit  of  manufactures  in,  1810, 
State  of  incorporated  banks  and  insurance  com- 
panies in  the,     ..... 

Report  on  the  constitutionality  and  expediency  of 

■niposing  a  direct  tax  on  the,     ... 

Dividends,  sales  of  bank  stock,  and  bonus — Receipts  from, 

1792  to  1802,  inclusive,  -  .  -       919 


659 
838 

340 


877 
886 
912 


916 


917 


917 


920 


393 

666 
764 
284 
216 


516 
666 


6 

12,18 

30 

48 

65 
219 
387 
539 
627 

628 


860 


867 


889 

890 
911 


914 
919 
812 

830 

889 


rages. 
Dividends,  and  sale  and  transfer  of  stocks  of  banks,  insu- 
rance companies,  iic. — Tax  proposed  to  be  levi- 
ed on,  Jan.  1815,           -            -            -            -  887 
Dorr,  John — Prays  for  drawback  on  playing  cards;  re- 
port adverse,     -             .             .             -             .  164 
Drawbacks — Revenues  derived  from,       -            -               47,  50 
Claim  on  an  unregistered  vessel  for          -             58,  115 
On  goods  shipped  coastwise  and  lost;  refused,     -  65 
On  refined  sugar;  reported  against,         -             74,  116 
On  goods  shipped  out  of  the  district  whence  en- 
tered outwards;  report  favorable,         -            -  133 
On  goods  shipped,  apphcation  for  debentures  not 

being  made  luitil  expiration  often  days,           -  161 

On  playing  cards;  report  adverse,             -            -  164 

On  sugar  damaged  and  relanded;  report  adverse,  224 

On  refined  sugar,  memorial  soliciting,       -            -  268 
Claimed,  when  the  requisitions  of  the  law  were 

omitted  to  be  complied  with;  report  adverse,  336 
On  mercliandise  supposed  to  be  too  long  in  the 

United  States;  report  favorable,             -             -  406 
On  goods  on  which  the  duties  were  not  paid;  re- 
port unfavorable,           -             .             .             .  535 
Retention  of  25  per  cent,  proposed  on  all,            -  539 
Amount  of,  from  commencement  of  the  Govern- 
ment to  Dec.  31,  1810,              -            -            -  542 
•     On  goods  not  exported  within  twelve  months;  re- 
port adverse,     .....  554 
On  re-exportations,  1812  and  1813,          -            -  648 
On  exports  to  New   Orleans,    asked   by  Joshua 
Sands,  late  collector  at  New  York;  report  fa- 
vorable,             -            -            -            -            -  815 
On  exportations  in  two  years  ending  Sept.  1802,  5 
On  exportations  in  years  1800,  1801,  and  1802,    49,  149 
Issued  in  two  years  ending  Sept.  1802,     .             .  5 
Issued  on  exportation^of  foreign  merchandise  dur- 
ing the  years  1800,  1801,  and  1802,           49,  149 
Same,  for  1802  and  1803,               -            -            -  109 
"     for  1803  and  1804,               -            -            -  144 
"     for  1804  and  1805,               -            -            -  207 
"     for  1805  and  1806,               -            -            -  249 
"     for  1806  and  1807,               -            -            -  310 
"     for  1808,      -            -            -            -            -  366 
"     for  1807  and  1808,               -            -            -  375 
"    for  1808  and  1809,               -            -            -  442 
"     for  1809  and  1810,               -            -            -  498 
"     for  1810  and  1811,               -             -             -  582 
"     for  1811  and  1812,              -            -            -  653 
"     for  1812  and  1813,               -            -            -  848 
Du  Cayla,  Joseph — Prays  protecting  duty  on  paints;  re- 
port unfavorable,           ....  257 
Duties  and  drawbacks — Comparative  statements  of,  for — 

1799,  1800,  and  1801,                -             -             -  10 

1800,  1801,  and  1802,                -            -            -  82 

1801,  1802,  and  1803,                -            -            -  133 

1802,  1803,  and  1804,               -            -            -  169 

1803,  1804,  and  1805,                -            -            -  222 

1804,  1805,  and  1806,                -            -            -  266 

1805,  1806,  and  1807,               -            -            -  321 

1806,  1807,  and  1808,                -            -            -  386 

1807,  1808,  and  1809,                -            -            -  450 

1808,  1809,  and  1810,                -            -            -  508 

1809,  1810,  and  1811,                -            -            -  594 

1810,  1811,  and  1812,               -            -            -  664 

1811,  1812,  and  1813,               -            -            -  896 
DUTIES — On  merchandise,  tonnage,  and  postage,  prin- 
cipal sources  of  revenue,            -             -             -  5 

On  importations  Oct.  1,  1800,  to  Sept.  30,  1802,  8 

Remission  of,  on  property  .destroyed  by  fire,         -  9 
On  goods,  &c.  allowed  drawbacks,  1799,  1800, 

and  1801,  -  -  -  -  10,  U 

Extension  of  bonds  for,  on  goods  desti-oyed  by  fire,  21 
On  merchandise,  tonnage,  drawbacks.  Sec.  1802,    47,  50 
Bounties,  allowances,  and  expenses  of  collection 

of,  1800,  1801,  and  1802,          ...  49 

Remission  of,  on  theological  books;  refused,       -  58 

Abatement  of,  on  damaged  merchandise;  refused,  64 

Remission  of,  on  goods  shipped  to  New  Orleans,  77 
Additional,  proposed  by   the   Secretary   of  the 

Treasury,  1804,             -            -            -            -  78 

Articles  capable  of  bearing  new  specific,               -  79 
Protecting,    on  slate;   considered,   and  reported 

against,               .....  107 

On  merchandise,  tonnage,   passports,    &c.    1802 

and  1803,           -         " -            -            -            -  109 

Remission  of,  on  books  for  library  and  college;  re- 
fused,   -            -            -            -            -            -  114 

Same,  on  goods  destroyed  by  fire;  refused,          -  114 
Extension  of  bonds  for,  on  imports  from  South 

America,            -             -             -      •      -             -  115 

Protecting,  on  books;  reported  against,  -             -  118 
On  mercli.andise,  tonnage,   passports,   &.C.    1803 

and  1804,           -            -            -            -            -  144 

Remission  of,  on  rum  shipped  coastwise  and  lost; 

reported  against,            ....  170 

Protecting,  on  iron  hollow  ware;  reported  against,  171 
Remission  of  foreign  tonnage  duties  on  an  Ameri- 
can cargo  in  a  foreign  bottom;  reported  against,  171 


INDEX   TO   FINANCE. 


E. 

Eai-k,  John,  Jan.  of  Newport,  R.  I. — Asks  fisliiiig;  bounty 

on  a  vessel  with  a  coasting  license;  refused,      -       184 

Ecdeston,  Mary — Release  of  surety  in  collector's  bond; 
committee  report  favorably,  on  the  ground  that 
the  principal  was  imjiroperly  released,  and  tliat 
a  release  of  principal  operates  a  discharge  of 
sureties,  .  .  .  .  .       5~0 

Emhars^o  laws — Remission  of  penalties  for  violation  of,         419 
Fines,  forfeitures,  and  penalties  incurred,  and  ex- 
penses of  prosecutions,  under  the,        -  -      490 


Pages 

DUTIES — Remission  of,  on  American  oil  shipped  in  an 

American  vessel;  granted,         -  -  -       184 

Protecting,  on  slate;  reported  against,      -  -       185 

Remission  of,  on  cargo  of  ship  Blaireau,  abandon- 
ed at  sea;  reported  against,       -  -  ,       186 
On  merchandise,   tonnage,    passports,  Stc.    1804 

and  1805,  .  -  -  .  .       207 

On  salt,  abolition  of,  considered,  -  -       221 

Constituting   the   Mediterranean  fund,   continua- 
tion of,  -  -  -  -  -  321,  263 
On  merchandise,   tonnage,   passports,    &c.   1805 

and  1806,  -  -  -  -  -       249 

Protecting,  on  paints;  reported  against,  -  -       257 

Additional,  on  hats;  memorial,      -  -  .       257 

On  copper  sheets  and  plates,  counter  memorial,  -  257 
Remission  of,  on  saltpetre,  supposed  duty  free,  -  258 
On  copper  in  sheets  of  17A  percent.;  reported 

against,  -  -  -  -  -       268 

On  old  copper,  repeal  of;  reported  favorably,  -  268 
Remission  of,  on  salt,  overcharged,  -  -       283 

Increase  of,  on  twine  and  lines,  asked,     -  -      306 

On  nlerch.^ndise,   tonnage,  passports.   Sec.   1806 

and  1807, 310 

Remission  of,  on  merchandise  not  imported;  re- 
ported unfavorably,       -  .  -  .      227 
On  merchandise,  tonnage,  passports,  &c.    1807 

and  1808,  -  -  -  -  -      375 

On  merchandise  imported  and  re-exported,  1807 

and  1808,  -  -  -  -  -       378 

On  merchandise  imported  from  the  Mediterranean 

in  1805,  1806,  1807,  and  1808,  -  -       406 

Report  of  Secretary  of  the  Treasury  on  increase 

of,  1810,  -  -  -  -  -      412 

Bonds  for,  outstanding,  .January  1,  1810,  -       422 

On  merchandise,  tonnage,  passports,  &c.  1808,  1809,  442 
Additional,  recommended  for  the  encour.agement 

of  manufactures,  1811,  -  -  -       481 

Report  of  Secretary  of  the  Treasury  on  the  effect 

upon  the  revenue  by  laying  additional,  -       483 

On  merchandise,  tonnage,  passports,   &,c.    1809, 

1810, 498 

Remission  of,  on  merchandise  imported  during  the 

non-intercourse  law;  report  adverse,  -       511 

Remission  of  foreign,  on  an  American  vessel;  re- 
port favorable,    -  -  -  -      514 
Report  of  Secretary  of  the  Treasury,  proposing 

an  increase  of  revenue  by  additional,  1812,       -       523 
Report  of  Committee  of  AVays  and  Means,  Feb- 
ruary 17,  1812,  with  plan  of  an  increase  of  re- 
venue by  additional,       -  .  .  .       539 
Gross  and  nett  amount  of,  from  the  commence- 
ment of  the  present  Government  to  December 
31,  1810,            -            -            -            -             -       542 
On  merchandise,   tonnage,   passports.   Sec.  1810, 

1811, 582 

Reduction  of,  on  prize  goods;  report  adverse,     -       591 
Report  of  Committee  of  Ways  and  Means,  June 

10,  1813,  proposing  direct  tax   and  internal,  627 

On  prize  goods,  report  of  Secretary  of  the  Trea- 
sury on  ascertainment  of  amount  of,      -  -       645 
On  imports  and  tonnage,  1812  and  1813,  -       648 
On  merchandise,  tonnage,  passports,   &c.   1811, 

1812, 653 

Remission  of,  on  ship  Montesquieu's  cargo,   ran- 
somed by  Stephen  Girard;  report  adverse,       -      832 
Remission  of,  on  merchandise  brought  back  into 
the  United  States,  duties  alleged  to  have  been 
before  paid;  report  adverse,      -  -  -       833 

On  merchandise,  &c.  1814,  -  -  -       841 

On  merchandise,  tonnage,  p.assports,   &c.    1812, 

1813,      ...-.-       848 
Report  of  Committee  of  Ways  and  Means,  Octo- 
ber 10,  1814,  proposing  increase  of,  and  addi- 
tional taxes  and  internal  duties,  and  report  of 
the  Secretary  of  the  Treasury  on  same,  854,  866,  869 
Composition  of  stamp,  on  notes  of  private  bankers, 

corporations,  and  companies,     -  -  -       869 

Increase  of  internal,   proposed  by  the  Secretary 

of  the  Treasury,  January,  1815,  -  -       885 

Amount  receivable  in  1815,  ...      913 

Dwelling  houses — Valuation  of,  in  the  sevei-al  collection 

districts  of  the  United  States,    -  -  855,  856 

D'  Wolfe,  Charles — Pra)  s  remission  of  forfeiture  on  bonds 
for  exportation  of  domestic  distilled  spirits;  re- 
port adverse,     -----        59 


PJS- 


Embariro  laws — Re])ort  of  committee  against  release  of 
all  or  any  claims  of  the  United  States  to  penal- 
ties or  forfeitures  incurred  under  the, 

Enemy — Illicit  trade  and  intercourse  carried  on  with  the, 
insufficiency  of  the  revenue  laws  to  prevent  it, 

Erving,  G.  W. — Compensatioji  to,  for  attending  the 
Board  of  Commissioners,  under  the  7th  article 
of  the  treaty  with  Great  Hrltain  of  November 
19,  1794, 

Evidences  of  detd  I.'.  S. — Receivable  in  payment  of  lands, 
report  on  repeal  of  act  authorizing. 

Expenditure — Report  of  committee   on   examination   of 
accounts  of  public,         .... 
From  March  4,  1789,  to  Deccmljcr  31,  1815, 

Expenses  of  collection  of  duties,     -  49,  109,  144,  149,  207, 

310,  366,  575,  442,  498,  582,  653,  348 

Expenses  tf  the  Government— (Sec  Civil  List.) 

Extension  of  duty  bonds — To  sufl'erers  by  fire  at  Ports- 
mouth, New  Hampshire, 
On  imports  from  South  America, 

Extra  allowances  to  the  commander-in-chief  of  the  army- 
Inciuiry  into,        .... 


915 


881 


484 

162 

915 
920 
249, 


21 
U5 


Fees — A  component  part  of  the  i-cvenue, 
Ferguson,   Mm — Prays    reduction   of   duties   on   prize 
goods,    -....- 
FINANCES— Report  on  the  st;Ue  of  the,   1802, 


591 

5 

Same,  -  -  1803,       -  -        47 

Same,  -  -  1804,        -  -       107 

Same,  -  -  1805,        -  -       142 

Same,  -  -  1806,        -  -       204 

Same,  -  -  1807,       -  -       246 

Same,  .  -  1808,        -  -      307 

Same,  -  -  1809,        -  -      365 

Same,  -  -  1809,        -  -      373 

Same,  -  -  1810,        -  -      439 

Same,  -  -  1811,        -  .      495 

Same,  -         June  4,  1812,        -  -      569 

Same,  -  -  1812,        -  .       580 

Same,  -         June  3,  1813,        -  -      622 

Same,  -        July  19,  1813,        -  -       644 

Same,  -       Januarv,  1814,        -  -       651 

Same,  September,  1814,        -  -       840 

Same,  -     February,  1815,        -  -      848 

S.ame,  -       October,  1814,       -  -       867 

Same,  -        .lanuarv,  1815,        -  -      885 

Same,  -      February,  1815,        -  -       910 

Report  of  the  Committee  of  Ways  and   Means 

on  the  state  of  tlie,  October,  1814,   - 

Fines — Component  part  of  the  revenue. 

Under  the  embargo  and  non-intercourse  laws. 
Principles  and  practice  of  the   Treasury  Depart- 
ment in  mitigating  or  remitting. 
Statement  of,  1794  to  1811, 
Fire — Remission  of  duties  on  property  destroyed  b}-, 

Extension  of  duty  bonds  to   sufferers  at   Ports- 
mouth, New  Hampshire,  by. 
Fisheries — Benefactions  of  the  arts  and  manufactures  to  the, 
Fishirig  bounty — Prayed  for  by  inhabitants  of  New  Shore- 
ham,  R.  I.  on  boats  under  five  tons;  refused,    - 
Prayed  for  by  Daniel  Chapman  and  others  of  Con- 
necticut, who  had  cleared  for  a  foreign  port;  re- 
fused,    .--... 
Prayed  for  by  John  Earle,  Jun.  and  Thomas  M. 
Hazard,  of  Newport,  R.  I.   who  sailed  with  a 
coasting  license;  refused. 
Prayed  for  by  Jonathan  Very,  of  Salem,  on  a  ves- 
sel abandoned  by  the  crew  and  lost;  refused. 
Fishing  vessels — Allowances  above  admitted  rates  to, 
Florida — Exports  and  imports  of  United  States  to  and 

from,  1799  to  1802,       -  -     .       -        49,  56,  57 

Flour — Tax   of  one   dollar  per  barrel  on  wheat,   pro- 
posed January,  1815,     -  .  .  . 
Foreign  coins — Report  on  proposed  repeal  of  second  sec- 
tion of  act  of  9th  February,  1793,  relating  to, 
Assavs  at  the  mint  of,  1807, 
Same,            -            1809, 
S.ame,             -             1810, 
Currency  of,  report  of  committee. 
Assays  at  the  mint  of,  1811, 
Same,            -            1812, 
Same,            -            1813, 
Expedienc)'  of  making  foreign  gold  coins  a  leg".d 
tender,                ..... 
Foreign  intercourse — Estimates  for  1803,  §250,000, 
Same,     for  1804,     184,000, 
Same,     for  1805,     294,000, 
Same,     for  1806,     200,000, 
Expenditure  on  account  of,   from  April  1,    1801, 
to  March  31,  1805,        -            -            -            - 
Estimates  for  1807,  §200,000,       - 
Same,    for  1808,     200,000,      - 
Same,    for  1809,     200,000,       - 
Expenditure  for,  from  March  4,  1789,  to  Decem- 
ber 31,  1815,     -            -            .            .            . 
(See  Civil  List.) 


854 
5 

490 

615 

617 
9 

21 
666 

60 


101 

184 

198 

334 


887 

197 
265 
385 
455 
456 
509 
597 
648 

837 

6 

48 

108 

142 

157 
204 
247 
308 

920 


INDEX   TO   FINANCE. 


Pages. 

Foreign  vessels — Exti-a  duty  on  iniportations  in,    -  -  47,  50 

Forfeitures — Under  embargo  and  non-intercourse  laws,  -       490 
Principles  and  practice  of  the  Treasury  Depart- 
ment in  mitigating  or  remitting,  -  -       615 
Statement  of,  1794  to  1811,            -             -             -       617 
Report  of  committee  against  the  release  of  all  or 

any  claims  of  the  United  States  to,        -  -       915 

Forfeitures,  remission  of— 

Prayed  for  by  Charles  D'Wolfe,  on  bonds  for  ex- 
porting domestic  distilled  spirits;  report  adverse,         59 
Prayed  for  by  Andi-e\v  I'oster  and  Jacob  P.    Ge- 
raud,  on  vessel  taking  two  slaves  toN.  Orleans; 
report  favorable,  .  -  .  .       368 

Praved  for  by  Levin  Jones,  incurred  by  bringing- 
slaves  of  French  passengers  into  Norfolk;  re- 
I '  port  favorable,  ....      392 

Prayed  for  by  Jeremiah  Reynolds,  incurred  by 
bringing  slaves  of  French  passengers  into  New 
Orleans;  report  favorable,  ...      393 

Prayed  for  by  Wm.  W.  Weymouth,  incurred  by 
attempting  to  take  a  runaway  slave  from  New 
York  to  iiichmond;  report  favorable,    -  -      409 

Prayed  for  by  importers,  incurred  by  importations 
of  British  manufactures;  report  of  Committee 
of  Ways  and  Means  of  November  25,  1812,  -  570 
Prayed  for  by  Thomas  Vincent,  incurred  b}'  im- 
portation of  British  manufactures  from  Spanish 
dependencies;  report  adverse,  -  -       618 

Prayed  for  by  Stephen  Girard  and  others,  incurred 
by  importation  of  British  merchandise,  first  into 
Amelia  island  and  thence  into  the  Delaware; 
report  favorable,  ...  637,  644 

Praved  for  by  George  Walkington,  incurred  by 
bond  on  clearing  ship  Halcyon  from  N.  York  to 
N.  Jersey,  duringthe  embargo;  report  favorable,  831 
Pniyed  for  by  James  Washburn  and  John  Alexan- 
der, incurred  by  carrying  on  a  foreign  trade  in 
a  coasting  vessel;  report  unfavorable,   -  -       833 

Praved  for  by  Justin  and  Elias  Lyman,  incurred 
by  an  illegal  importation  of  coH'ee,  under  false 
papers,  Stc. ;  report  unfavorable,  -  -       871 

Prayed  for  by  Noah  Shaw,  incurred  by  importa- 
tion of  goods  from  England  and  Canada,  in  vio- 
lation of  the  non-importation  act;  report  unfa- 
vorable, -  -  .  .  .       875 
Praved  for  by  Robert  Kid,   incurred  by  the  im- 
portation of  goods,  the  property  of  the  enemy, 
and  in  violation  of  the  non-importation  act;  re- 
port unfavorable,            ....       915 
Forrester,  Simon — Prays  permission  to  secure  duties  on, 
and  sell  goods  imported  from  beyond  tlie  Cape 
of  Good  Hope,                ....       595 
Foster,  Andrew — Prays  remission  of  forfeiture  on  vessel 

taking  two  slaves  to  N.  Orleans;  report  favoralde,    368 
France — Extraordinary  expenses  of  convention  with,      -        48 
Payments  made  to  American  citizens,  under  the 

convention  of  April  30,  1803,  with,      -  -       186 

Claims  to  be  paid  under  the  convention  with,        -       202 
Conflicting  claims  under  convention  with,  -       283 

Suspension  of  the  payment  of  certain  bills  drawn 
bv  John  Armstrong,  under  the  convention  of 
1803,  with,         -  -  -  -  -       554 

Frazier,  Solomon — Release  of,  as  surety  in  a  collector's 
bond;  report  of  committee  favorable,  on  the 
ground  that  the  principal  was  improperly  re- 
leased; and  that  a  discharge  of  the  principal 
operates  a  discharge  of  sureties,  -  -       570 

Furniture — Duty  proposed  to  be  laid  on,  1814,  -       855 


Pages. 


Gartes,  Charles,  and  als. — Refiners  of  sugar,  report  on 
their  petition,  -  -  -  .  . 

Refiners  of  sugar  at  Baltimore,  pray  for  draw- 
back of  duty,    -  .  .  -  . 
Gustun,  William,  of  Georgia — Prays  remission  of  penalty 
for  violation  of  embargo  laws;  report  adverse, 
Georgia — Exhibit  of  manufactures  in,  1810, 
Geraud,  Jacob  F. — Prays  remission  of  forfeiture  on  ves- 
sel taking  two  slaves  to  New  Orleans;  report 
favorable,          -             -             .             .  . 
Girard,  Stephen,  and  others— Q-wncvs  of  the  ships  Good 
Friends,   the   United  States,   and  the   Amazon, 
with  their  cargoes,  pray  remission  of  penalties 
and   forfeitures  inciuTed  b)'  tlie  importation  of 
British  merchandise,  first  into  Amelia  island,  and 
thence  into  the  Delaware;  report  favorable,       637, 
Girard,  Stephen — Prays  remission  of  duties  on  cargo  of 
the  ransomed  sliip  Montesquieu;  report  unfa- 
vorable,            -            -             -             -  . 
Prays  that  a  composition  for  the  stamp  duties  on 
notes  of  priv;ite  bankers  be  authorized. 
Glass — Manufacturers  of,  pray  for  projecting  duties,     . 
Goods,  wares,  and  merchandise — Entitled  to  debenture — 
Amount  of  duties  and  drawbacks  on,  1799,  1800, 
1801,    -.--.. 
(See  Didies  and  Draivhacks. ) 


539 


171 

5 

6 
48 

-  108 

-  142 

-  204 

-  247 
308,  365 

-  374 

-  440 
495,  569 
580,  623 
644,  651 
886,  912 


920 


48 
48 


186 


29 

268 

419 
804 


3  68 


643 


832 

869 
29 


11 


Goods,  wares,  and  merchandise — Additional  duty  of  one 
hundred  per  cent,  proposed  on  imports  of, 

Goodwin,  Nathaniel,  and  others — Manufacturers  of  u'on 
hollow  ware,  pr.ay  for  protecting  duties;  report 
unfavorable,         ..... 

Government — Current  expenses  of  the — 
$2,700,000  apphcable  to  the,  1802, 
Estimates  for,   1803,        .... 

1804,  .... 

1805,  - 

1806,  .... 

1807,  .... 

1808,  .... 
1809, 
1810, 
1811, 
1812, 
1813, 
1814, 
181.5, 

Expenditure  from  March  4,  1789,  to  December 
31,  1815,  on  account  of  the,    - 
Government  stock — Propriety  of  legalizing  the  payment 

of  claims  in  treasury  notes  or. 
Great  Britain — Payments  due  on  account  of  convention 
with,     .---.- 
Provision  for  paying  demands  under  the  conven- 
with,     -.---. 
Extraordinary  expenses  of  convention  with, 
Gusstier,  Feter  A. — Prays  remission  of  duties  on  goods 
imported  in  a  ship  abandoned  at  sea;  report  un- 
favorable, ..... 
Guns — Manufacturers  of,  ask  protection,  -  -  22,  29 
Gunpowder — Manufacturers  of,  pray  for  protecting  du- 
ties,         --....        29 

H. 

Habersham,  Joseph — .Vsks  relief  from  improper  construc- 
tion of  the  revenue  laws;  granted,  -  -         81 

Hall,  Edward — Claim  under  French  convention,  -      284 

Harness — Duty  proposed  on  plated,  1814,  -  -       855 

Hathaway,  James,  of  North  Carolina — Prays  remission 
of  penalty  for  violation  of  embargo  laws;  report 
unfavorable,         -  -  -  .  -      419 

Hats — Manufacturers  of,  pray  for  protecting  duties,      -        29 
Memorial  asking  that  additional  duty  be  laid  on,       257 
Duty  proposed  of  one  dollar  on  beaver,  seventy- 
five  cents  on  castor,  and  fifty  cents  on  rorum, 
October,  1814,  ....      854 

Hazard,  Thomas  M.  of  Newport,  Rhode  Island — Prays 
for  fishing  bounty  on  a  vessel  with  a  coasting  li- 
cense; refused,    -  -  -  .  .       184 

Headhj,  Samuel,  6?  Co.  of  Connecticut — Pray  protection 

for  iron  wire  manufactories,         -  -  .       553 

Hemp — Manufacturers  of  hnen  from,  ask  protection,     -      367 
Encouragement  of  the  culture  of,  prayed  for,     -      510 

Holland — Difficulty  of  procuring  remittances  to,  and  re- 
mittances made  to  meet  payments  due  in,  -      6,  9 

Holland,  John,  Jun. — Prays  remission  of  duties  on  pro- 
perty destroyed  by  fire;  report  favorable,  -  9 

Hollingsworth,  Levi — Prays  that  a  duty  may  be  laid  on 

copper  m.anufactured  in  sheets  or  bolts,  -       602 

Horses — Duties  proposed  on  saddle  and  cairiage,  1814,       85.'> 

Hubble,  Ezekiel—Frsiys  remission  of  duties  paid  above 
those  chargeable  to  vessels  of  the  United  States; 
report  favorable,  -  -  -  -      514 

Hussey,  Tristram,  of  Nantucket — Prays  for  remission  of 
duties  on  oil  shipped  by  an  American  vessel; 
granted,  ---...       184 

I. 

Illinois — Exhibit  of  manufactures  in  the  territory  of,  1810,       811 
Imports — Report  of  the  Secretary  of  the  Treasury,  Feb- 
ruary, 1810,  on  laying  additional  duties  on,     -       412 
Report  of  Secretary  of  the  Treasury,  January  28, 
1811,  on  the  effect  on  the  revenue  by  the  in- 
crease of  duties  on,      ....      483 
Report  of  committee  on  increase  of  duties  on,     -      539 
Report  of  Committee  of  Ways  and  Means,  No- 
vember 25,  1812,  on  remission  of  penalties  ami 
forfeitures  incurred  by  importations  of  British 
manufactures,  -  -  .  .  .      570 

(For  duties  on  imports  and  tonnage,   see  Mer- 
chandise.) 
Importations — Duties  on,  October  1,  1800,  to   Septem- 
ber 30,  1802,    -  .  -  -  .  8 
Value,  quantities,  and  species  of  merchandise  on 

which  collected,   1802,  -  -  -  47,  50 

Same,  1803,  -  -  -       no 

Same,  1804,  -  -  .144. 

Same,  1805,  -  -  .      207 

Same,  1806,  -  -  -      249 

Same,  1807,  -  -  -      310 

Same,  1808,  .  .  .375 

Same,  1809,  -  -  -      442 


INDEX    TO    FINANCE. 


VII 


Importations — A^alue,  quantities,  .lud  speciesof  merchan- 
dise on  which  collected,  1810, 
Same,  1811, 

Same,  1812, 

Same,  1813, 

Statement  of  importations  from  all  countries 
compared  with  those  fi-om  Great  Britain,  show- 
ing- amount  of  duties  on  principal  articles  from 
Great  Britain  and  her  dependencies,  during' 
the  year  1310,  -  -  -  .  - 

Additional  duty  of  one  hundred   per  cent,  pro- 
posed on,  .  -  .  .  . 
From  beyond  tke  Cape  of  Good   Hope,  permis- 
sion asked  to  ])ay  duties  and  sell  g-oods,  &c.  - 
Importations  and  re-cxpurfations — In  1807  and  1808, 
[mporters  of  British  manujacturcs — Report  of  Committee 
of  AV ays  and  Cleans,  November  25,  1812,  on  re- 
mission of  forfeitures  and  penalties  incurred  by, 
of  New  York,  Richmond,  New  Haven,  Phila- 
delphia, Boston,  Albany,   Savannah,   Norfolk, 
Charleston,  Baltimore,  Hartford,   Alexandria, 
Income  tax — Proposed,    -             -             .             .             - 
Report  ag-ainst,     -              -             .             .              - 
.  Of  $3,000,000.  proposed  January,  1815, 
Jncreufe  of  revenue — Report  of  Secretary  of  the  Treasury 
in  answer  to  inquiries  of  Committee  of  Ways 
and  Means,  relating-  to,  with  details  of  tlie  du- 
ties proposed  to  be  laid, 
Plan  for,  reported  bv  Connnittee  of  Wun's  and 
Means,  February  17,  1812,       - 


Pages. 

498 
582 
653 
849 


501 

539 

596 
.■578 


570 
,S69 
8-3 
887 


Same, 
Same, 
Same, 
Same, 


February- 
June 
October 
October 


15,  1813, 
10,  1813, 
10,  1814, 


-  539 

-  613 

-  627 
854,  856 


18,  1814,  by  Secretary  of  the 
Treasury, 
1815,  same, 

damag-es  arisins:  from  sci- 


869 
885 

226 
810 

920 

356 

887 


Same,        January, 
fndetiinity  to  collectors— fur 

zures,   ------ 

Indiana — Exhibit  of  manufactures  in  the  territory  of,  1810, 
Indian  department — F.xpenditiu-es  on  account  of  the, 
from  March  4,  1789,  to  December  31,  1815,  - 
(See  Militari/  and  Indian  departments.) 
Individuals — Balances  due  from,  June,  1808,     - 
hikeritances  and  devises — Tax  proposed  on, 
Inspectors  of  the  customs — Baltimore,   New  York,  and 
Boston,  ask   additional  compensation;    report 
adverse,  -  -  -  -  .255 

Insurance  companies — Incorporated   in  the  District  of 

Columbia,  ....  -       S30 

Stamp  tax  proposed  on  policies  of,  .  -       887 

Internal  duties — Uncollected  in  1802,  near  $700,000,     .  6 

Internal  revenues — Statements  of,  -  .  .12,  18 

Expenses  of  collecting  the,  1801,  -  .12,13 

Receipts  from  the,  1800,  .  .  -  12,  18 

Officers  employed  in  the  collection,  their  salaries, 
emoluments.  Sic.  .... 

Outstanding,  1803,  near  §400,000, 
Statements  relating  to  the,  December,  1803, 
Proposed  to  be  laid,       -  -  1812, 

Proposed  to  be  laid,       -  -  1813, 

Estimates  from,  1st  quarter         -  1814, 

Estimates  from,  for         -  -  1814, 


13 
48 

-  66,  73 

-  539 
627 

-  644 
652 

840,  841 

Receipts  from,  -  -  -  1814,       -       841 

Estimates  from,  for         -  -  1815,       -       843 

Increase  of,  and  additional,  -  1814,      854,  866 

Report  of  acting  Secretary  of  tl\e  Treasury  on, 
showing  amount  accrued  during  two  first  quar- 
ters of  1814,  and  agg-reg-ate  amount  received 
October  10,  1814,         -  -  -  855,  861,  865 

Amount  proposed  to  be  raised  annually  during 

the  war  by,  §2,700,000,  -  '-  '-       867 

Additional,  proposed,  January,  1815,      -  .       887 

Estimates  of  the  prodvicts  of,       -  -  -       888 

.\mount  receivable  during- the  year  1815,  from,       911 
Insufficiency  of  revenue  laws,  and  want  of  juris- 
diction in  the  State  coui-ts  for  the  collection  of,       914 
Amount  of  receipts  from  1792  to  December  31, 

1815,  from,       -  -  -  -  -       919 

Investigation — (into    expenditure  of  p\iblic  money) — 

Report  committee  of,  -  -  -  -       915 

[ron — Manufacturers  of,  pray  for  protection,        511,  528,  553 
Protecting-  duties  asked  on   hollow-ware  of;  re- 
port adverse,    -  -  -  -  -       171 
Duty  proposed  of  one  dollar  on  pig,  one  dollar 
and  fifty  cents  on  castings,  and  one  dollar  on 
rolled  and  slit,  October,  1814,              -  -       854 
Duty  proposed  on  pig,     -             -             -  .       869 

J. 

Jeffersonvi lie— Sales  of  lands  in  the  district  of— 

From   1807  to  1808,         ...  -       .313 

1808  to  1809,         -  -  -  -379 

1809  to  1810,    -     -     -  -   445 

1810  to  1811,    -     -     -  -   502 

118  tt 


Jeffersonv;/le—S-j.\i:s  of  lands  in  the  district  of— 

1811  to  1812, 

1812  to  1813, 

1813  to  1814,         .  .  .  ', 
Jones,  Levin— I'l-M-i  remission  of  forfeiture  incurred  b\- 

bnnguig-  slaves  of  French  jjasseng-ers  into  Nor- 
iolk;  report  favorable,  .... 
Jones,  James,  of  Mrlh  Curolina~Vn\'&  remissio:>.  of  pe- 
nalty for  violation  of  embargo  laws;  report  ad- 
verse,      -  .  -  _ 

K. 

Ae«/ucA-,y— Memorial  of  manufacturers  of  hemp  into  linen 
Memorial  of  citizens  of  Lexington,   praying-  cn- 
^  coui-agement  of  internal  industrv. 
Exhibit  of  manufoctures  in,  1810,  ' 
Kelland,  Thomas— Vvw's.Mowmcc  of  drawback  on  g-oods 
nnported  m  an  unregistered  ship,  not  having- a 
sea  letter;  two  adverse  reports,  .  -,8 

kni,  Hohcrt—Vnxi.  remission  of  forfeiture  incurred  hy  ' 
importation  of  g-oods  the  property  of  tlic  enj- 
my,  and  in  violation  of  the  non-importation 
acts;  report  adverse,  - 
Kingston,  Stephcn-Vmy-i  allowance  of  drawback  oii 
g-oods  shipped  out  of  the  district  whence  en. 
tered  outwards;  report  fa\-oral3le, 

L. 

Lamson,  Gideon— \sks   drawback  on  sugars  damag-ed 

and  relanded;  report  adverse,  .  .       224 

LANDS — Sales  of  public,  soui-ce  of  revenue,    .  .       ~",-, 

Receipts  from,  for  vear  ending- Septeinber,  1801 

§326,052  08,   .  .  . 

Sales,  for  year  ending-  Oct.  1802,  340,000  acres'  5  7 
Sales  for  year  ending  Sept.  1803,  200,000  acres  4-  5'-'  53 
Estimated  at  §400,000  per  annum,  -        '     .'    "'.jy 


585 
657 

852 


419 

307 

405 
790 

115 

915 
133 


Sales,  for 


year  ending-  Sept.  1804,  §515,000, 


-      108, 

Sales  of,  to  Sept  30,  1804,  1,293,330  acres,       112^  I51 
Sales,  for  the  year  ending- Sept.  1805,  §575,000,  142,  147 


142 


162 


210 


473,000 

204, 

284,000 

247,  25 


313 


Ag-greg-ate  sales,  to  1805,  2,000,000  acres', 
Repeal  of  act  recommended,   which  autl'iorizcs 

evidences  of  public  debt  to  be  received  in  pav- 

ment  for,  -  .  .  . 

Sales  of,  for  tlie  year  ending  Sept.  180C, 

acres,  §850,000  received  on  account. 
Sales  of,  for  the  year  ending- Sept.  1807, 

acres,  §680,000  received  on  account,  ^. 

Sales  of,  for  the  year  ending  Sept.  1808,  200,000 

;icres,  §550,000  received  on  account,  30 

Sales  of,  forthe  year  ending  Sept.  1809,  143,000 

acres,  §500,000  received  on  account,  373    379 

Aggreg-ate  sales  to  Sept.  1809,  3,008,982  acres,     '  379 
Change  in  system  of,  not  advis.able,  .  .       413 

Suggested  as  bounty  to  officers  and  soldiers,       -       413 
Sales  of,  for  the  year  ending-  Sept.  1810,  159,000 

acres,  §610,000  received  on  account,  440,  445 

Aggregate  sales  to  Sept.  1810,  3,168,000  acres,  440,  445 
Sales  of,   for  year  ending  Sept.  1811,  207,017 

acres,  §682,403  received  on  account,  495,  5o2 

Aggi-egate  sales,  to  Sept.  1811,  3,374,843  acres,     '  502 
Sales  of,  fur  tlie  year  ending  Sept.  1812,  390,000 

.acres,  §790,000  received  on  account,  580,  585 

Aggregate  sales  to  Sept.  1812,  3,766,508  acre.s,    '  585 
Estimate  of  receipts  for  1813,  from,        -  .       623 

Same,  same,  1814,  §600,000,         623,  652, 

,     ^  «40,  841 

J^amc,   tor  farst  quarter,    1814,     . 
Receipts  from,   1813,       -  .  .  . 

Sales  of,  forthe  year  ending  Sept.  1815,  256,345 

acres,  §643,055  received  on  account. 
Aggregate  sales  to  Sept.  1813,  4,022,853  acres. 
Receipts  from,  1S14,       -  -  .  . 

Estimate  of,   for  1815,     .  -  .  . 

Sales  of,  fortlie  year  ending  Sept.  1814,  823,264 
acres,  ..... 

Aggregate  sales  of,  to  Sep.  1813,4, 829,753  acres, 
.\mount  proposed  to  be  raised  annually  during 

the  war  by,   §800,000, 
Probable  receipts  during  the  vear  1815,  from, 

§1,000,000,      .  .  '. 

Receipts  from  sales  of,    1796  to  1815,  inclusive, 
A'lduation  of,  in  the  several  collection  districts  of 

the  United  States,        -  -  -  855,  856 

Lawrence,  John  L. — Prays  for  reduction  of  duties  on 

prize  goods,     -  -  -  . 

Leather — ilanufacturers  of  morocco,  pray  for  protection 

Duty  proposed  of  3  cents  per  lb.  on  soal,  neats, 

h.arness,  calf,  horse,   hog,  kip  and  seal  skin; 

on  goat  and  sheep  skins,   tanned  to  resemble 

Spanish  leather,  50  cents  per  dozen:  and  all 

all  other  skins,  3  cents  per  pound,  1814,        854,  869 

Letter  founders — Pray  for  protecting  duties,      .  .         39 

Licenses — To  retailers  of  wines  and  foreign  distilled  spi. 

rits,  1801,        -  -  -  -         12,  15,  17 


644 

651 

657 

657 
841 
84:^ 

852 
1.852 

867 

911 
919 


591 

471 


via 


INDEX   TO   FINANCE. 


Pages. 
539 


539 

627 
628 


663 

Sfl7 

61 

412 

564 
581 

581 

590 
623 
644 
646 
651 


Pages . 


86- 

877 

888 
910 

919 

855 


Licenses—To  distil  spirits,  1812,  -  - 

To  retailers  of  wines,  spirits,   and  foreign  mer- 
chandise, including  tavern  keepers,  1812, 
To  same,  -  -  -  181o, 

To  distil  spirits,  duties  on,  proposed,  1813, 
Committee  report  it  inexpedient  to  authorize  the 
sale  of  spirits  in  less  quantities  than  five  gal- 
lons, without,  -  -  -  - 

Amount  proposed  to  be  raised  annually  during 
the  war  by,      .  -  -  -  - 

LOANS Inquiry  into  discontinuance  of  office  of  com- 
missioner of,    - 
Report  of  tlie  Secretary  of  the  Treasury  of  Feb- 
ruary, 1810,  on  the  subject  of, 
Keport  of  the  Secretary  of  the  Treasury,  May  14, 

1812,  on  loan  of  SI  1,000,000, 
$12,950,200,  receipts  from,  estimated  for  1812, 
$20,000,000  to  be  raised  on,  in  1813, 
Amount  of  moneys  obtained  by  the  United  States 
in  1812  on,      '----- 

Of  $16,000,000  subscribed  for,    - 

55,500,000  necessary  to  be  raised  by,  for  1814, 

Of  §16,000,000,  terms  of  the,     - 

Receipts  from,  1813,       -  -  -  - 

Same,  1814,       -  -  -  652,  840,  841 

$29,350,000,  necessary  for  1814,  to  be  raised  by,       652 
Of  $7,500,000,  accepted  proposals  for,   -  -       661 

Of  $25,000,000,  proceedings  relating- to  the,       -      841, 

845,  846 

$28,000,000,  necessary  for  1815,  to  be  raised  by 

Treasury  notes  and,     .  -  -  - 

Inquiry  into,  andreportof  Secretary  of  the  Trea- 

siu-y  on  provision  for  last  quarter  of  1814,  for 

paymentofprincipalandinterestof,  Dec.  1814, 

Proposition  to  raise  §25,000,000  for  the  service 

of  the  year  1815,  by,  - 
Proposed  for  1815,  .... 

Receipts  from  March  4,  1789,  to  Dec.  31,  1815, 
from,    ------ 

Lotteries — Duty  of  one  per  cent,  on  amount  of,  propos- 
ed, 1814, 

/.(«(!«ana— Provision  of  $2,000,000  on  account  of  pur- 
chase of,  -  -  -  -  -        48 
Amount  of  $15,000,000,  how  to  be  paid  for,       -  48,  49 
Exports  and  imports  of  the  United  States  to  and 

from,  1799  to  1802,     -  -  -         49,  56,  57 

Plan  of  providing  for  the  debt  created  by  the  pur- 
chase of,  -  -  -  -  - 
Exhibit  of  manufactures  in,  1810, 
Six  per  cent,  stock;  report  of  the  Secretary  of 
the  Treasury  on  means  to  raise  it  to  par, 
Lyman,  Justin  and  Elias—Vr&y  remission  of  forfeiture 
incurred  by  unlawful  importation  of  coffee  un- 
der false  papers.  Sec. ;  report  adverse, 

M. 

McAnley,  William,  and  McJimpsey,  John — Petition  for 

remission  of  duties  on  books,  - 
Mcintosh,  Lttughlan,  and  Joseph  Habersham — Ask  relief 
in  consequence  of  misconstruction  of  revenue 
laws;  granted,  .... 

Jfaine — Exhibit  of  manufactures  in  district  of,  1810, 
Man,  .iaron — Petition  for  abatement  of  duties, 
MANUF.VCTURES — Report  of  Secretary  of  the  Trea- 
sury on,  containing  details  on  every  species  of 
manufacture  within  tlie  United  States, 
Rei^ort  of  the  acting  Secretaiy  of  the  Treasury, 
with  a  statement,  prepared  by  Tench  Coxe,  of 
,  the  arts  and  manufactures  of  the  United  States, 

Digest  of,  exhibiting  the  benefactions  of  the  arts 
and  manu&ctures  to  agriculture,  commerce, 
navigation,  and  the  fisheries,  and  their  subser- 
viency to  the  pubhc  defence. 
Practical  foundations,  actual  progress,  conchtion, 

and  establishment  of  the  arts  and, 
Tables  exhibiting  the  several  branches  of  Ameri- 
can, b\'  States,  Territories,  and  Districts,  with 
returns  of  certain  doubtful  goods,  productions 
of  the  soil,  &.C.  .  .  .  . 

Value  of  American,  1810, 
Summary  of  American,  1810,      - 
Estimate  of  the  value  of  American,  1810, 
Estimate  for  one  year  of  the  value  of  imported,  - 
Exports  for  one  year,  ending  September,   1807, 
of  American,   -  -  -  -  . 

Statement  of  goods  made  in  the   United  States, 
doubtful  in  their  character,  as  agricultural  or  as, 
Tables  exhibiting  the  several  branches  of  Ameri- 
can, in  every  county  of  the  Union,  in  18 10, with 
returns  of  certain  doubtful  goods,  productions 
of  the  soil,  &c..  .... 

Consumption  in  the  army  and  navy  of  the  United 

States  for  clothing,  of  domestic. 
Encouragement  to  and  protection  of — 
memorial  of  gun  manufacturers,  Lancaster,  Penn.  22 


49 
809 

568 


871 


58 


81 

719 

64 


425 


666 


666 


667 


690 
712,  713 

-  712 

-  713 

713 

714 


715 


29 


61 


80 

171 
185 

257 

257 


268 


306 


367 


465 


471 


481 


483 


511 


528 


528 


553 


553 


MANUF.\CTURES— Report   on   petitions   of 

manufacturers,  .... 

Memorial  of  manufacturers  and  artisans  of  Phila- 
delphia, December  9,  J  803,     - 
Report  on  petitions  from  New  York,  New  Jersey, 
Pennsylvania,   and  Maryland,   recommending 
protection,  January  25,   1804, 
Memorial  of  manufacturers  of  iron  hollow-ware, 

in  Massachusetts,  asking  protecting  duties. 
Memorials  of  slate  manufacturers,  New  York,   107 
Memorial  of  journeymen  hatters.  New  York, 
ilemorial  of  merchants  and  manufacturers  of  cop- 
per. New  York,  against  duty, 
Report  on  memorial  of  Joseph  W.  Revere,  of  Bos- 
ton, praying  \7l  per  cent,  duty  on  copper  in 
sheets,  and  that  old  copper  may  be  duty  free. 
Memorial  of  twine  and  line  manufacturers,  Mas- 
sachusetts,       ..... 
Memorial  of  manufacturers  of  hemp  into  linen, 
Kentucky,        ..... 
Memorial  of  citizens  of  Kentucky,  praying  en- 
couragement of  internal  industry. 
Memorial  of  manufacturers  of  morocco  leather, 

of  Charlestown,  Mass.  praying  protection. 
Report  of  committee,  Feb.  5,  1811,  recommend- 
ing additional  duties  on  sundi-y  articles  for, 
Report  of  the  Secretary  of  the  Treasury  on  the 

exclusion  of  foreign  manufactures,  &c. 
Memorial  of  iron  masters  of  New  Jersey,  praying 
protection,       ..... 
Memorial  of  New  Hampshire  iron  factory  compa- 
ny, praying  protection. 
Memorial  of  brewers  of  malt  hquor  in  New  York, 
praying  for  protection,  ... 

Memorial  of  citizens  of  Connecticut,  praying  for 

protection  to  wire  manufactories. 
Memorial  of  iron  masters  of  Pennsylvania,  pray- 
ing protection  to  iron  manufactories,  - 
Communications  from  Levi  HoUingsworth  and 
Joseph  W.  Revere,  on  the  subject  of  laying  a 
duty  on  copper  manufactured  into  sheets  and 
bolts,   -----  602,  603 

Memorial  of  inhabitants  of  Massachusetts,  manu- 
facturers of  scythes  and  mill  saws,  praying  pro- 
tection, '-  -  -  "-  -       832 
Memorial  of  manufacturers  of  Baltimore,  &.C.  pray- 
ing for  a  revision  of  the  revenue  laws,  and  tlie 
prohibition  of  the  importation  of  cotton  goods 
manufactured  beyond  the  Cape  of  Good  Hope,       834 
Memorial  of  manufacturers  of  Philadelphia,  Sec. 
praying  protection  to  the  infant  manufactures,       909 
Manufaciiirers — Jlemorials  and  petitions  from — 

Of  guns,  Lancaster,  Pennsylvania,  1803,  -         22 

Franklin  association  of  printers,   comb  makers, 
gunsmiths,  cork  cutters,  cahco  printers,  cord- 
wainers,  paper  makers,  letter  founders,  makers 
of  umbrellas,  brushes,  glass,  stoneware,  gun- 
powder, hats,  and  starch,  1803,  -  -        29 
Artisans  and  manufacturers  of  Philadelphia,  1803,         61 
New  Y'ork  State  companies,  1804,  1806,              107,  185 
Of  iron  hollow-ware,  Massachusetts,  1806,  -      171 
Of  hats.  New  York,  1807,             -            -            -      257 
Of  copper,  New  York,  1807,        -            -  -      257 
Of  copper,  Massachusetts,  1808,               -  -      268 
■  Of  twine  and  line,  Massachusetts,  1808,  -       306 
Of  hemp  into  linen,  Kentucky,  1809,        -  -      367 
Of  Lexington,  Fayette  county,  Kentucky,  1811,         465 
Of  Morocco  leather,  Charlestown,  Mass.  1811,    -      471 
Of  iron,  New  Jersey,  1811,           -            -  -      511 
Of  iron.  New  Hampshire,  1812,               -            -      528 
Of  malt  hquor.  New  York,  1812,              -  -      528 
Of  wire,  Connecticut,  1812,          -            -  -      553 
Of  iron,  Pennsylvania,  1812,         -             .  -       553 
Of  copper,  Baltimore  and  Boston,  1813,              602,  603 
Of  scythes  and  mill  saws,  Massachusetts,  1814, 
Of  cotton  goods,  Baltimore,  1814, 
Of  city  and  county  of  Philadelphia,  1815, 
Marietta  rfis/nrf— Sales  of  lands  in  the,   1801,1802, 


Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 


1802,  1803, 

1803,  1804, 

1804,  1805, 

1805,  1806, 

1806,  1807, 

1807,  1808, 

1808,  1809, 

1809,  1810, 

1810,  1811, 

1811,  1812, 

1812,  1813, 

1813,  1814, 


719 


815 


Maryland — Instalments  due  on  loan  of  $200,000  from, 
Manufacturers  of,  pray  for  protection,     - 
Provision  for  payment  of  loan  from, 
Manufacturers  of  copper,  pray  protection. 
Exhibit  of  manufactures  in,  1810, 
.Manufacturers  of  cotton  goods,  pray  protection. 


-  834 

-  909 
7 

52 
112,  151 

-  147 

-  210 

-  252 

-  313 

-  379 

-  445 

-  502 

-  585 

-  657 

-  852 
6 

•  29,  80 

48 

602 

765 

834 


INDEX   TO    FINANCE. 


Pages. 

3[a.tsackusetts — Manufacturers  of  twine  and  line  pray  for 

protection,          .            .            -            -            -  306 

Alanufacturers  of  Morocco  katlier  pr.ay  for  ditto,  4T1 

Manufocturers  of  ropjjer  pray  for  »litt<),               268,  603 

Exhibit  of  manufactures  in  the  State  of,   1810,     -  720 
Manufacturers  of  scythes  and  mill  saws  pray  for 

protection,          .             -             -             .             -  832 
Mediterranean  fund — Statement  of  the,  1804,     -            -  108 
Same,     -             1805,    -            -  143 
Continuation  for  a  limited  time  of  the  duties  con- 
stituting the;  considered,           -             -            221,  263 
Statements  showing  receipts  on  account  of  the, 
from  Julv  1,  1804,  to  December  31,  18U8,        -  404 
MEMORIALS  AND  PETITIONS  from— 

Alexander,  John,  remission  of  forfeiture,              -  833 
Amory,  Francis,  remission  of  duties,         -             -  171 
Armroyd,  George,  and  Co.,  drawback,     -            -  406 
Associate  reformed  church,  remission  of  duties,  -  58 
Bailey,  Benjamin,  remission  of  duties,      -             -  114 
Bogart,  .lames,  ,Tun.  and  others,  ditto,       -             -  114 
Barretto,  Francis,  surety  on  custom-house  bond,  203 
Beckford,  Ebenezer,  and  others,    iron  manufac- 
turers,   ------  5_8 

Benezet,  Anthony,  and  others,  stu'eties  on  collec- 
tor's bond,          -----  135 

r.oardman  and  Pope,  imports  from  bevond  Cape 

of  Good  Hoi)e,               -            -         '    -            "  ^?° 

Brann,  Kobert  Peter,  drawback,                -             -  336 

Buck,  Anthony,  ,1un.  remission  of  penaltv,           -  420 

Caldwell,  AViliiam,                 ditto,                -             -  419 

Cayla,  .loseph  du,  duty  on  paints,               -             -  25" 

Channing,  Walter,  remission  of  duties,     -             -  258 

Chapman,  Daniel,  and  others,  fishing  bounty,      -  101 

Clason,  Isaac,  drawback,  -            -            -            -  161 

Connecticut,  wire  manufacturers,               -             -  553 
Connecticut,  distillers,       -            -            .            -  890 
Corp,  Samuel,  remission  of  duties,             -             -  77 
Creighton,  James,  drawback,        -            -             -  336 
Darton,  Christopher,  claim  under  French  conven- 
tion,       -            -            -            -             .             -  284 

Dorr,  John,  drawback,     .             .             -             -  164 

Du  Cayla,  Joseph,  duty  on  paints,             -            -  257 

D'Wolfe,  Charles,  remission  of  forfeiture,            -  59 

Earle,  John,  hshing  bounty,           -             -             -  184 

Eccleston,  Mary,  surety  on  collector's  bond,       -  570 

Erving,  G.  W.  compensation,       -             -             -  484 

Frazier,  Solomon,  surety  on  a  collector's  bond,    -  570 
Gartes,  Charles,  and  others,  sugar  refiners,          29,  268 

Gaston,  William,  remission  of  penalty,      -             -  419 

Geraud,  Jacob  P.  remission  of  forfeiture,              -  368 
Girard,  Stephen,  and  others,  remission  of  penal- 
ties and  forfeitures,         -             -             -            637,  644 

Girard,  Stephen,  remission  of  duties,        -             -  832 

Girard,  Stephen,  composition  of  stamp  duty,        -  869 
Goodwin,  Nathaniel,  and  others,  manufacturers  of 

iron-ware,           ....            -  171 

Guestier,  Peter  A.  remission  of  duties,     -            -  186 

Habersham,  Joseph,  construction  of  revenue  laws,  81 

Hall,  Edward,  claim  under  French  convention,    -  284 

Hathaway,  James,  remission  of  penalty,                 -  419 

Hazard,  Thomas  M.  fishing  bounty,           -             -  184 

Headly,  Samuel,  and  Co.  wire  manufacturers,      -  553 

Holland,  John,  Jun.  remission  of  duties,                -  9 

Hollingsworth,  Levi,  manufacturers  of  copper,  -  602 

Hubble,  Ezekiel,  remission  of  duties,       -             -  514 

Hussey,  Tristam,               ditto,                   -            -  184 

Jones,  Levin,  remission  of  forfeiture,       -             -  392 

Jones,  James,  remission  of  penalty,          -            -  419 
Kentucky,  manufacturers,             -             -           367,  465 
Ketland,  Thomas,  drawback,        -            -             58,  115 

Kid,  Robert,  remission  of  forfeiture,         -             -  915 

Kingston,  Stephen,  drawback,       .             ,             -  133 

Lamson,  Gideon,         ditto,             -             -             -  224 

Lyman,  Justin  and  Elias,  remission  of  forfeiture,  871 

McAuley,  ■\\^illiam,  remission  of  diities,    -             -  58 

McJimpsey,  John,              ditto,                    -             -  58 
Mcintosh,  Laughlan,  misconstruction  of  revenue 

laws,       ------  81 

Man,  Aaron,  abatement  of  duties,              -            -  64 

Miller,  Samuel,  and  others,  remission  of  duties,  -  283 

Murray  and  Millbank,  brewers,  ask  protection,     -  528 

Nathans,brothers,claims  under  French  convention,  284 

Orso,  Lenon,  remission  of  duties,              -            -  833 

Parker,  Thomas,  and  others,  ditto,           -             -  114 

Peckham,  Ehzabeth,  ditto,             -             -             -  170 
Pennsylvania,  manufacturers,        -           22,  61,  553,  909 

Philadelphia  Library  Company,  remission  of  duties,  1 14 
Philadelphia  Typographical   Society,   protecting 

duties,    -  -  -  -  -  -118 

Pulsifer,  David,  imports  from  beyond  the  Cape  of 

Good  Hope,       -----  596 

Rapelye,  George  B.  drawback,    -            -            -  538 

Read  and  Jephson,  remission  of  duties,    -            -  337 

Reynolds,  Jeremiah,  remission  of  forfeiture,         -  393 

Richards,  Nathaniel,  remission  of  duties,               -  511 

Ritter,  Jacob,  Jun.  drawback,       -            -            -  336 

Rogers,  Moses,  drawback  on  refined  sugars,         -  116 


MEMORIALS  AND  PETITIO.XS  from— 

Rogers,  Philip  and  Xicliolas,   Jun.   remission  of 

penalty,               .             -             .             .             .  4icj 
Rollins,  Ebenezer,  drawback,       -            .            .  554. 
Sands,  Joseph,  claims  under  French  convention,  283 
Sands,  Joshua,  allowance  of  drawback,    -             -  815 
Seaman,  Edward,  drawback  on  I'cfined  sugar,     -  116 
Seton,  Charles,  remission  of  duties,          -            -  337 
Shaw,  Noah,  remission  of  forfeiture,         -             -  875 
Smith,  Nathaniel  and  William,  drawback,              -  65 
Smith,  Hugh,  remission  of  penalty,           -             -  419 
Stewart,  Daviil,  and  others,  manufacturers  of  iron,  553 
Symmes,  John  Cleves,  ])re-emptions,        -             -  5 
Taney,  Francis  Lewis,  claims  under  French  con- 
vention,             -            -            -            -            -  2-16 
Taylor,  Nerjah,  remission  of  duties,          -             -  511 
Thomas,  Colonel  James,  accotints  of,         -             -  915 
Thompson,  James,  drawback,       -             -            '-  336 
Upton,  Gustavus,  remission  of  duties,       -             -  511 
Very,  Jonathan,  fishing  bounty,    -             -             -  198 
Wadsworth,  Allyn  and  H.  iron-wire  manufacturers,  553 
Walkington,  George,  remission  of  forfeiture,       -  H31 
Washburn,  James,                    ditto,             -             -  833 
Wellman,  Timothy,  J\ni.  claims  on  France,           -  284- 
Weymouth,  William  W.  remission  of  forfeiture,  409 
White,  John  P.  remission  of  penalty,        -             -  419 
Wilson,  James,  Jun.  drawback,     -             -             -  336 
Woodward,  Henly,  I'emission  of  penahy,               -  419 
Merchandise — A'alue  and  quantities  of,  in  1801,  -            -  149 
On  which  duties  actuallv  accrued  in  1802,           -  50 
Same,     -             -         '    -             -                  1803,  110 
Same,     -            -            -            -                 1804,  144 
Same,     -            -            -            -                 1805,  207 
Same,     -            -             -            -                 1806,  249 
Same,     -            -            -            -                 1807,  310 
Same,     -            .            -             -                 1808,  375 
Same,     -            -            -            -                 1809,  442 
Same,     .             -            -            -                 1810,  498 
Same,     -            -            -            -                 1811,  .582 
S.ame,     -            -            -             .                 1812,  653 
Same,     -             -             .            -                 1813,  849 
Merchandise  and  tonnage — D-itics  on,  source  of  revenue,  5 
Amount  of,  for  year  ending  September,   1801, 


$12,280,000, 
Amount  of,  for  year  1802,     §10,100,000, 
Calculated  on  at,  .      -       10,000,000, 

Amount  of,  1800,  1801,  1802,        - 
Amount  of,  for  year  1803,     511,306,000, 
Amount  estimated  for  1804,    10,730,000, 
Amount  of,  for  1804, 
Amount  estini.ated-for  1805, 
Amount  of,  for  1805, 
.\mount  estimated  for  1806, 
Amount  of,  for  1806, 
Amount  estimated  for  1807, 
Amount  of,  for  1807, 


107 


5,  8,  149 

47,  50 

47 

49,  149 

109,  144 

-  107 
142,  144,  207 

-  142 
13,083,823,  204,  207,  249 
13,000,000,  -  204 
16,576,454,  246,  249,  310 
14,000,000,  -  246 
16,059,924,  307,  310,  373, 

375 


12,672,323 
12,000,000, 


Amount  for  three  first  quarters  1808,  $8,000,000.      307 
Amoimt  of,  for  1808,  $10,270,000,    365,  366,  375,  375, 

439,  442 
Amount  estimated  for  1809,  about  $10,270,000,  365,  373 
Amount  estimated  for  1809,  about    $6,500,000,  373 

Amount  of,  for  1809,  about     $6,527,000,  439,  442,  498 


Amount  estimated  for  1810, 
Amount  of,  for  1810, 
.\mount  estimated  for  1811, 
Amount  of,  for  1811, 
Amount  estimated  for  1812, 
.\mount  of,  for  1812, 
Amount  estimated  for  1813, 
.\mount  estimated  for  1814, 


12,000,000,  -  440 
12,513,490,  498,  580,  582 
7,500,000,  -  495 
7,902,560,  580,  582,  653 
12,500,000,  -  580 
13,142,008,  -  653 
12,000,000,  580,  623 
5,200,000,  623,  652,  840 


\mount  estimated  for  first  quarter  1814,  $1,500,000,    644 
\mount  of,  for  1812,  and  1813,   -  -  648,  848 

Amount  of,  for  1813,         -  -  -  -      651 

\mount  estimated  for  1814,  §6,500,000,  840,  841 


Receipts  from,  1814, 

Amount  estimated  for  1815,  $4,000,000, 

Amount  proposed  to  be  raised  annually  during  the 

war  by,  $4,000,000,      -  -   ^    _     - 

Amoimt  accruing  during  the  year  1815,  ^  - 
Amount  receivable  during  the  year  1815,  911, 

Statements  of  receipts  from  commencement  of  the  . 

Government  to  Dec.  31,  1807, 
Same,  to  Dec  31,  1810, 

Same,  to  Dec.  31,  1815,  '        ,     " 

3fe«A««/s— importers  of  British  manufactures  of  New 
York,  Richmond,  New  Haven,  Pluladelphia, 
Boston,  Albany,  Savannah,  Norfolk,  Charles- 
ton, Baltimore,'  Hartford,  .\lesandria;  report  of 
Committee  of  Ways  and  Means,  of  Nov.  25, 
1812,  on  remission  of  forfeitures  and  penalties 
incurred  by,  •'''.' 
Mchigan--r.xh\h\t  of  raanufactiu-es  in  the  territory  ot. 

Military  and  ' Indian  departments— ^sXvmiXis  for   1803, 
§830,000,  -  -  -  -  - 

Estimates  for  1804,  §875,000,      - 


841 
843 

867 
911 

913 

320 
542 
919 


570 

811 

6 
48 


INDEX   TO   FINANCE. 


Pagfa.  i 


Military  and  Indian  departments. — 

Estimates  for  1805,  $954,000,      - 

Estimates  foi-  1806,  1,030,000,      -  -       _     - 

Expenditures  of  t!ie,  for  four  years,  from  April  1, 

1801,  to  March  31,  1805, 
Estimates  for  1807,  §1,150,000,  - 
Estimates  for  1808,  1,280,000,  - 
Estimates  for  1809,  2,736,000,  - 
Estimates  for  1809,  3,790,000,  - 
Expenditures  of  tlie,  1802,  to  1807,  inclusive,  - 
Estimates  for  1811,  .  .  -  - 

Estimates  for  1812,  $3,415,000,  - 
Estimates  for  1812,  12,800,000,  - 
Estimates  for  1813,  17,000,000,  - 
Payments  made  in  1813,  -  -  -  - 

Estimates  for  1814,  §24,550,000, 
Office  proposed  for  settlement  of  all  accounts  of  the. 
Authorized  expenditure  for  1814,  $24,502,906, 
Payments  in  1814  for  the, 
Estimate  for  1815,  §30,342,328, 
Expenditures  for  the,  from  March  4,   1789,   to 
Dec.  31,  1815,  .... 

Military  services — Moneys  paid  for,  receivable  in  payment 

of  taxes,  proposed;  report  against, 
3f,7,-;/„_Permanent  annual  appropriation  for  arming  and 

equipping  the,  §200,000, 
Mill  saws — Manufacturers  of,  pray  for  protection. 
Miller,  Samuel,  of  Maine— Tor  self  and  others,  prays  re- 
mission of  duties  on  salt  overcharged;  refused, 

T^XNT Report  of  the  director  of  the,  with  abstracts  of 

the  coinage,  expenses,  &c.  for  1802,     - 
Expenditures  of  the,  1802, 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1802, 
Report  of  the  director  of  the,  1804,  with  abstracts 

of  the  coinage,  expenses,  &c.  for  1803, 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1803, 
Report  of  the  director  of  the,  1805,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1804, 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1804, 
Report  of  the  director  of  thr,  1806,  with  abstracts 

of  coinage,  expenses,  Sec.  for  1805, 
Coinage  from  commencement,  to  Dec.  31,  1805, 
at  the,    -  -  -  -  -  _  - 

Comptroller's  statements  of  the  transactions  of 
the  mint  for  the  year  1805, 
■;,  Report  of  the  director  of  the,  1807,  with  abstracts 

of  coinage,  expenses,  &c.  for  1806, 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1806, 
Report  of  the  director  of  the,  1808,  with  abstracts 

of  coinage,  expenses,  &.c.  for  1807, 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1807, 
Report  of  the  director  of  the,  1809,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1808, 
Comptroller's  statements  of  the  transactions  of 
■  the  mint  for  the  year  1808, 

Report  of  the  director  of  the,  1810,  with  abstracts 
of  coinage,  expenses,  &c.  for  1809, 
:  Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  j-ear  1809,       ... 
:  Report  of  the  director  of  the,  1811,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1810, 
Statements  of  whole  expense  of,  and  amount  of 
coinage  at  the,  from  its  institution  to  Dec.  31, 
1809;  report  of  Secretary  of  the  Treasury, 
Comptroller's  statements  of  the  ti-ansactions  of 

the  mint  for  the  year  1810, 
Report  of  the  director  of  the,  1812,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1811, 
Comptroller's  statements  of  the  transactions  of 
the  mint  for  the  year  1811,       ... 
Report  of  the  director  of  the,  1813,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1812,      - 
Comptroller's  statements  of  the  transactions  of 

the  mint  for  the  year  1812, 
Report  of  the  director  of  the,  1814,  with  abstracts 

of  coinage,  expenses.  Sec.  for  1813, 
Comptroller's  statements  of  the  transactions  of 
the  mint  for  the  year  1813,       ... 
Report  of  the  director  of  the,  1815,  withabstracts 

of  coinage,  expenses.  Sec.  for  1814, 
Comptroller's  statements  of  the  transactions  of 
the  mint  for  the  year  1814,       -  .  . 

Miscdkmeous  expenses  of  the  Government — See  Cimllisi,Si.c. 
Missis-^ippi  territory — Sales  of  lands  in  the — 

To  July  31,  1807,  -  -  .  . 

July  13,  1808,  -  .  .  . 

Sept.  30,  1809,  -  .  ,  . 

Sept.  30.  1810,  -  ... 

Sept.  30,  1811,  -  '"      . 

Sept.  30,  1812,  -  .  .  . 

Sept.  30,  1815,  -  -  .  . 

Sept.  30,  1814,  -         "   .  .       .'     . 


108  I 
142 

158 

204 
247 
308 
365 
384 
440 
495 
569 
581 
651 
652 
813 
840 
840,  867 
886 

920 

874 

840 
832 


18,  19 

20 


75 


101 


118 


136 


165 


168 


198 


224 


242 


263 


302 


317 


.1  C^ 


391 


409 


458 


464 


487 


515 


562 


599 


619 


649 


835 


883 


907 


315 
381 
446 
503 
586 
658 
853 


PagM. 

Mississippi  tei-ritory — Sales  of  lands  in  the — 

Exhibit  of  manufactures  in  1810,               -             -  809 
Murray  and  Milbank,  of  Sew  York — Brewers  of  malt, 

pr;iy  for  protection,       .             -             -             -  528 

I¥. 

Naik — Duty  of  one  cent  per  pound  proposed  on  manu- 
facture of,  1814,             ....  855 
Nathans,  brothers — Claims  under  French  convention,       -  284 
NATIONAL  BANK — Citizens  of  New  York  pray  for  the 

establishment  of  a;  report  adverse,       -             -  663 
Secretai'v  of  the  Treasury  proposes  the  establish- 
ment of  a,          -            -            -            -            -  867 
Navigation — Benefactions  of  the  arts  and  manufactures  to,  666 
NAVY — Department  of  the,  accountability  of  disbursing 

officers  in  the,                ....  335 

Accountability  in  the,        .             .             -             .  348 
Payments  made  at  the  treasury  from  Oct.  1,  1811, 

to  Dec.  1,  1812,  for  the  expenditures  of  the,    -  589 

Expenses  on  account  of  the,  1813,            -            -  623 
Deficiencies  in  appropriations  in  1801  and  1802, 

for  the,               -----  5 

Estimate  for  1803,  for  the,  §900,000,       -            -  6 

Estimate  for  1804,  for  the,    650,000,       -            -  48 

Estimate  for  1805,  for  the,    650,000,       -            -  108 

Extraordinary,       -                  590,000,        -             -  108 

Estimateforl806,  for  the,  1,070,000,       -            -  142 
Expenditures  of  the,  for  four  years,  from  April  1, 

1801,  to  March  31,  1805,  '  -  -  -  158 
Estimate  for  1807,  §900,000,  -  -  -  204 
Estimate  for  1808,  1,020,000,  -  -  -  247 
Estimate  for  1809,  1,014,000,  -  -  -  308 
Estimate  for  1809,  2,915,000,  -  -  -  365 
Expenditures  on  account  of  the,  1802  to  1807,  in- 
clusive, .....  384 
Estimates  for  1811,  ....  440 
Estimates  for  1812,  §2,500,000,  -  -  -  495 
Estimates  for  1813,  3,940,000,  -  -  -  569 
Estimates  for  1813,  4,925,000,  -  -  -  581 
Payments  made  at  the  treasury  from  Oct.  1,  1811, 

to  Dec.  1,  1812,  for  expenditures  for  the,  -  589 
Expenses  on  account  of  the,  1813,  -  -  623 
Estimates  for  first  quarter  of  1814,  -  -  644 
Payments  made  in  1813  for  the,  -  -  ■  651 
Estimates  for  1814,  §6,900,000,  -  -  -  652 
Articles  foreign  and  domestic  consumed  in  cloth- 
ing the,  in  1813,  and  estimate  for  1814,  -  815 
Authorized  expenditure  for  1814,  §8,169,910,  -  840 
Payments  in  1814,  -  -  -  840,  868 
Estimate  for  1815,  -  -  -  -886 
Expenditures  on  acconnt  of  the,  from  March  4, 

1789,  to  Dec.  31,  1815,             -            -            -  920 

Negotiable  paper — Duties  on,  proposed,  1813,     -            -  627 

Same,                            1815,     -            -  887 
Neiv  Hampshire — Extension  of  duty  bonds  to  sufferers 

by  fire  at  Portsmouth,  -            -            -            -  21 
Iron  factory  company  of,  memorial  praying  for 

protection,         -            .            .            -            .  528 
Exhibit  of  manufactures  in,  1810,              -            -  726 
New  Jersey — Protection  to  manufactures  asked  by  citi- 
zens of,              -----  80 
College  of,  asks  remission  of  duties  on  books  im- 
ported; refused,             -            -            -            -  114 
Citizens  of  Sussex,  pray  encouragement  for  the 

culture  of  hemp,             ....  510 

Iron  masters  of,  pray  for  protection,         -             -  511 

Exhibit  of  manufactures  in,  1810,              -             -  742 

New  0;-/ea/!«— Expected  revenue  from,  $200,000,           -  48 
Exportations  from  U.  States  to,    -             -                49,  56 

Amount  of  sugar  and  indigo  exported  from,         -  49 

Defalcation  of  Wm.  Brown,  collector  of,              -  393 
Drawback  of  duties  prayed  for  on  exports  from 

New  York  to;  report  favorable,            -            -  815 
New  York — Protection  to  manufactures  asked  by  citizens  of,     80 
Slate  companies  ask  protecting  duty  on  slate;  re- 
ported against  twice,     -             -             -            107,  185 
Merchants  of,  memorial  asking  extension  of  duties 

on  imports  from  South  America,            -            -  115 

Memorial  of  journeymen  hatters  of  New  York,     -  257 
Same,   merchants  and  manufacturers  of  copper, 

New  York,         -            -            .            .            .  257 
Same,  brewers  of  malt  liquor,  praying  protection,  528 
Same,  citizens  of  the  State  of,  praying  for  the  es- 
tablishment of  a  National  Bank;  report  adverse,  663 
Exhibit  of  mannfactures  in,  1810,               -             -  738 
Memorial  of  the  Banks  of  the  city  of,  against  the 
establishment  of  a  Bank  of  the  United  States 
with  a  capital  of  $50,000, 000,  D^.  1814,          -  876 
Ncm-importaiion  act — Suspension  of,  proposed,  -            -  613 
Violations  of — 

By  merchants  of  Richmond,  New  Haven,  Phila- 
delphia, Boston,  Albany,  Savannah,  Norfolk, 

Charleston, Baltimore,Hartford,and  Alexandria,  570 
By  Stephen  Girard  and  others,  owners  of  the  ships 

Good  Friends,  United  States,  and  Amazon,     637,  643 

By  George  Walkington,  of  New  York,     -            -  831 

By  Lenon  Orso,  of  New  Orleans,              -            -  833 


INDEX   TO   FINANCE. 


Pai'es. 

875 
915 


490 


915 
795 
887 

887 


Non-importation  ad — Violations  of,  by — 

Noah  Shaw,  of  Boston,      .  -  -  - 

Robert  Ivd,  of  Philadelphia, 
Non-intercourse  hrws — Fines,   forfeitures,   penalties,  and 
expenses  of  prosecutions  under  the,     - 
Report  of  comniiUce  against  release  of  all  or  any 
claims  of  the  United  States  for  penalties  and  for- 
feitures incurred  under  the, 
North  Carolina — Exhibit  of  manufactures  in. 
Notarial instrunients-Sisxnp  duty  proposed  on, 
Notes — Negotiable  and  promissory,  stamp  dut}-  proposed 
on,  ...-.- 

o. 

Officers — Accountability  of  disbursing:,     -  -  •       335 

Ohio — Exhibit  of  manufactures  in,  1810,  -  -       788 

Orleans — Exhibit  of  manufactures  in  the  territorj- of,  1810,     807 
Orso,  Lenon,  prays  remission  of  duties  on  merchandise 
re-imported  into  the  United  States,  alleging  the 
duties  to  have  been  before  paid;  report  unfavor- 
able,      .---..       833 

P. 

Paints — Protecting  duty  asked  on;  report  adverse,         -       257 
Paper — Manufacturers  of,  pray  for  protecting'  duties,     -         29 
Duty  proposed  on  manufacture  of,  1814,  855,  869 

Parker,  T7i07nas,  and  others — Pray  for  remission  of  duties 

on  books  imported,        -  -  -  -       114 

Passports  and  clearances — Duties  on,  in  1800,  1801,  and 

1802      -----  49    149 

Same,  1803,  $15,902,      -  -  -  lio',  144 

Same,  1804,     17,334,      -  -  -  144,  207 

Same,  1805,     18,954,      ...  -       207 

Same,   1806,     20,318,      -  -  -  -       249 

Same,   1807,     19,896,      -  -  .  310,  375 

Same,  1808,  476,684,      -  -  .  366,  375,  422 

Same,   1809,     22,660.      -  -  .  422,  498 

Same,  1810,     23,428,      .  -  .  -      498 

Same,   1811,     19,737,      -  -  -  582,  653 

Same,   1812,     14,928,      -  -  -  653,  848 

Same.   1813,       3,640,      -  -  ,  -  -       848 

Paymaster  General  of  the  armies  of  the  United  States — 

Secretary  of  War  proposes  to  establish  the  of- 
fice of,  -  -  -  -  -  -       813 

Peckham,  Elizabeth,  (of  Kingston,  R.  I.) — Prays  remis- 
sion of  duties  on  rum  shipped   coastwise  and 
lost;  refused,  -  -  -  .  .       170 

Penalties — Component  part  of  the  revenue,       .  -         05 

Remission  of,  for  violation  of  embarg'o  laws,         -       419 
Under  embargo  and  non-intercourse  laws,  -       490 

Incurred  by  importations  of  British  manufactures; 
report  of  Committee  of  Wavs  and  Means,  No- 
vember 25,  1812,         .         '    -  -  .       570 
Principles  and  practice  of  the  Treasur}'  Depart- 
ment in  mitigating  or  remitting,           -  -       615 
Statement  of,  1794  to  1811,         .             .             .617 
Remission  of,  for  importation  of  British  manufac- 
tures from  Spanish  dependencies;  report  adverse,   618 
Remission  of,  for  importation  of  British  merchan. 
dise,  first  into  Amelia  island,   and  thence  into 
the  Delaware;  report  favorable,          .            637,  644 
Report  ag-amst  releasing  all  or  any  claims  of  the 

United  States  to,  .  .'  .  .       91,5 

Pensions — Expenditure  for  payment  of,   from  1789  to 

1815,  inclusive,  '  -  .  -  -       920 

Pennsylvania — Gun  manufacturers  of  Lancaster,pray  for 

encouragement,  .  .  .  -         22 

Artisans  and  manufacturers  of  Philadelphia,  pray 

for  protection,  .  -  -  61,  909 

Protection  of  manufactures  asked  by  citizens  of,  80 

Resolutions  of  the  Legislature  of,  against  renew- 

al  of  charter  of  Bank  of  the  United  States,      -       467 
Iron  masters  of,  pray  for  protection,        .  -       553 

Exhibit  of  manufactures  in,  1810,  -  -       746 

Petitions — See  Memorials. 

Philadelphia — Memorial  of  the  Chamber  of  Commerce, 
praying  renewal  of  the  charter  of  the  Bank  of 
the'United  States,        -  -  -  -       453 

ilemorial  of  868  citizens  of,   praying  renewal  of 

the  charter  of  the  Bank  of  the  United  States,       470 
>iemorials  of  manufacturers  of,  praying  protec- 
tion to  their  infont  manuf;xctures,  181 5,  61,909 
Library  Compan}'  of,  ask  remission  of  duties  on 

books  imported,  -  -  -  -       114 

Typographical  Society  asks  protecting-  duties  on 

books;  report  adverse,  -  -  -       119 

Pickering,  Timothy,  (lateSecretary  of  State) — Claim  of,       393 
Pitisbura; — Memorial  of  80  citizens  of,   against  renewal 

"ofcharter  of  the  Bank  of  the  United  States,    .       479 
Porter,  leer,  and  ale — Duty  proposed  on,  -  854,  869 

Portsmouth,  N.  H. — Extension  of  duty  bonds  to  suffei-- 

ers  by  fire  at,  ....         21 

Postage — Duties  on,  source  of  revenue,  .  -  5 

'Amount  for  year  ending  Sept.  1802,   $50,500,     -  5 

Amount  for  year  ending  1803,  §27,000,  -         48 

Estimated  amount  of,  for  1814,   -  -  840,841 


Postage — Ueceipls  from,  for  1S14, 

Estimated  receipts  from,   1815,   - 
Increase  of  50  per  cent,  on,   October,  1814, 
Amount  proposed  to  be  raised  during  the  war  by, 
Receipts  from,  1793  to  1815,  inclusive,   . 
President's  /nessage — Relating  to  imjjortations  of  British 
manufactures;  report  of  the  Conmiittee  of  Ways 
and  Means  on  the  subject,  November  25,  1812, 
iV/i/cre— Protecting  duties  prayed  for  by, 
Priruleers— Owners  of,  at  New  York,  Boston,  Norfolk, 
and  Portsmouth,  pray  reduction  of  duties  on 
prize  goods;  report  adverse,   . 
Prize  causes — Expenses  of,  provided  for. 
Prize  goods — Reduction  of  duties  asked  on;    rejjort  ad- 
verse, .  .  .  -  - 
Report  of  the  acting  Secretary  of  the  Treasury 
on  the  ascertainment  of  the  amount  of,  and  the 
propriety  of  reducing  the  duties  on,    - 
Prosecutions — Expenses  of,  for  viohitions  of  the  embar- 
go and  non-intercourse  laws,   -             .             . 
Pnlecting  duties—On  slate;  reports  adverse,     -            107, 
On  books;  s;une,               .              .             .  . 
On  iron  hollow-warc;  same, 

On  paints;  same,  -  .  .  . 

Public  credit — Report  of  the  Secretary  of  the  Treasury 

on  the  support  of,  Oct.  14,  1814, 
Public  debt— See  Debt. 

Public  depositcs — In  banks,         .  .  .  216, 

Public  expenditures — Report  on  examination  of  the. 
Public  lands — See  Lands. 

Pulsifcr,  David  I). — Prays  for  permission  to  secure  du- 
ties on  and  sell  goods  imported  from  beyond 
the  Cape  of  Good  Hope, 

R. 

Rapelyc,  George  B. — Prays  drawback  on  goods  on  which 

duties  were  not  paid;  report  adverse. 
Read  and  Jephson,  (of  New  York,) — .\sk  remission   of 
duties  on  merch.andise  alleged  not  to  be  import- 
ed; refused,  -         - 
Real  estate — Tax  proposed  on  contracts  relating  to,      869, 
Receipts — Annu.al,  for  17  years,   from  the  commence- 
ment of  the  Government  to  Dec.  31,  1807,     - 
Annual,  from  March  4,  1789,  to  Dec.  31,  1809,  - 
Receipts  and  expenditures — General  statement  of,  .\pril, 
1801,  to  March,  1805,  -  - 
Account  of,  from  October  1,  to  Dec.  31,  1808, 
S.ame,  October  1,  1808,  to  September  30,  1809, 
Same,  Octobei- 1,  1809,  to  September  30,  1810, 
Statement  of,  from  Oct.  1, 1810,  to  Sept.  30, 1811, 
Estimated,  for  1812,        .... 
St.atements  of,  from  October  1,  1811,  to  Septem- 
ber 30,  1812,   .             .             -  -  - 
Same,  fiom  Oct.  1,  1812,  to  March  31,  1813,     - 
Same,  from  Oct.  1,  1812,  to  Sept.  30,  1813, 
Same,  from  Oct.  1,  1813,  to  Dec.  31,  1813, 
Same,  from   March  4,  1789,  to  Dec.  31,   1815; 
also  the  balances  in  the  Treasiu-y  at  tlie  close 
of  each  year,    .             .            .             -  - 
Reduction  of  duties— On  prize  goods,  petitioned  for;  re- 
port adverse,  -             -              -              -              - 
^«;?)).frao/sKo-cj-_Report  favorable  to. 

Reports  against  allowance  of  drawback,  -  74, 

Drawback  of  duty  prayed  for  by, 
(See  Sugar.) 
Release— Of  pen:dtics  and  forfeitures;  report  of  commit, 
tee  against,   under  embargo  and  non-importa- 
tion acts,  .  .  .  -  - 
Remission— To  the  collector  and  nav:il  officer  at  Savan- 

n.ah— misconstruction  of  the  revenue  laws. 
Remission  of  duties— On  property  destroyed  by  fire,      - 
On  theological  books;  refused,    . 
On  merchandise  landed  at  New  Orleans,   after 

touching  at  New  York;  report  favorable, 
On  books  for  a  library  and  a  college;  refused,    - 
On  goods  destroyed  by  fire;  refused,     - 
On  rum  shipped  coa.stwise  and  lost;  refused. 
On  American  cargo  in  a  foreign  vessel;  refused. 
On  American  oil  m  an  American  vessel;  granted. 
On  cargo  per  ship  :ibandoned  at  sea;  refused,    - 
On  saltpeti-e,  supposed  duty  free,  T  .' 

On  salt,  overcharged:  referred  to  judicial  deci. 
sion,      -  -  -  '   .  ■  ■ 

On  merchandise  alleged  to  be  not  imported;  re- 
fused, -  -  -  "  ,'   J     •    ' 
On  merchandise  imported  into  New  York  during 

the  non-intercourse  law;  refused. 
Of  foreign,  on  an  American  vessel;  report  favor. 

able,     -  -  ■  ■  "  ■ 

On  ransomed  ship  Montesquieu:  report  adverse. 
On    merchandise    re-imported   into  the    Umted 

States,  the  duties  alleged  to  have  been  before 

paid:  report  unfavorable,  -  -  - 

Remission  of  forfeitures— On  bonds  for  exportation  of 

domestic  distilled  spirits;  refused. 


XI 

a  gen. 

841 
843 
854 
867 
919 


570 
29 


591 
6 

591 


645 

490 
185 
118 
171 
2.57 

866 

516 
915 


596 


538 


337 
887 

318 

423 

152 
366 
384 
448 
507 
569 

588 
624 
660 
84.3 


919 

591 

29 

116 

268 


915 

81 

9 

58 

77 
114 
114 
170 
171 
184 
186 
258 


383 

511 

514 
832 

833 
59 


*. 


xu 


INDEX   TO    FINANCE. 


Page 


368 


831 


833 


871 


875 


915 
419 
637 
643 

887 


Remission  of  forfeiiwes— On  vessel  taking  two  slaves 
to  New  Orleans;  report  favorable, 
Incurred    by  bring-ing    French    passengers   and 

slaves  into  Norfolk;  report  favorable,  -      393 

IncuiTcd  by  bringing  slaves  of  French  passengers 

into  New  Orleans;  report  favorable,     -             -      393 
Incurred  by  attempting  to  take  a  runaway  slave 
from  New  York  to  Richmond;  report  favora- 
ble,        409 

Incurred  by  importations  of  British  manufactures; 
report  of  Committee  of  Wavs  and  Means,  No- 
vember 25,  1812,         -         ■     -  -  -       570 
Incurred  by  importation  of  British  manufactures 

from  Spanish  dependencies;  report  adverse,       618 
Incurred  by  Importations  of  British  merchandise, 
by  Stephen  Girard,  and  otlicrs,  first  into  Ame- 
lia island,  and  thence  into  the  Delaware;  re- 
port favorable,              -             -             -           637,  643 
IncuiTed  by  George  AValkington,  on  bond  upon 
clearing  ship  Halcyon  from  New  York  to  New 
Jersey,  during  the  embargo;  report  favorable, 
Incurred  by  James  Washburn  and  John  Alexan- 
der, by  carrying-  on  a  foreign  trade  in  a  coast- 
ing vessel;  report  unfovorable, 
Incurred  by  illegal  importation  of  coffee  under 
false  papers.  Sec.  by  Justin  and  Ehas  Lyman; 
report  unfavorable,       -             -             - 
Incurred  by  Noah  Shaw,  by  the  importation  of 
goods  from  England   and  Canada,  in  violation 
of  the   non-importation  act;   report  unfavora- 
ble,        

Incurred  by  Robert  Kid,  by  the  importation  of 
goods,  the  property  of  the  enemy,  and  in  vio- 
lation of  the  non-importation  laws;  report  un- 
favorable, .  .  .  -  - 
Remission  of  penalties — For  violation  of  embargo  laws, 
For  violation  of  embargo  laws,    - 

Same,  same,  -  -  - 

Respondentia  and  bottomry  bonds — Stamp  duty  proposed 
on,        .-..-- 
Retailers  of  wines,  spirituous  liquors,  and  foreign  mer- 
chandise— Buty  on  licenses  to,  12,  15,  17,  539,  627,  663 
iJeuewue— Incidental,  April  1,  1801,  to  March  31,  1805,  ^    156 
Commissioner  of  the,  reports  of  the,       -        12,  30,  66 
officers  of  the,  increase  of  compensation,  255,  512,  514 
Establishment  of  office  of  the  commissioner  of 
the,  proposed,  1813,    -  -  -  - 

Permanent  sources  of,     - 
Estimated  at  §10,000,000,  for  1808, 
From  importations,  October  1,  1800,  to  Septem- 
ber 30,  1802,  -  -  -  -  - 
Estimated  at  §10,400,000,  for  1804, 
Estimated  at    11,200,000,  for  1805, 
Estimated  at    12,500,000,  for  1806, 
Estimated  at    13,500,000,  for  1807, 
Estimated  at    14,500,000,  for  1808, 
Estimated  at    16,821,000,  for  1809, 
Estimated  at    12,500,000,  for  1810, 
Bonds  outstanding  January  1,  1810,  §9,000,000, 
Estimated  at  $12,500,000,' for  1811, 
Estimated  at      8,000,000,  for  1812, 
Increase  of,  report  of  Secretai-y  of  the  Treasury 
in  answer  to  inquiries  of  Committee  of  Ways 
and  Means  upon,  with  details  of  the  duties 
proposed  to  be  laid,     -             .             .  - 
Plan  for  increase  of,  by  Committee  of  Ways  and 

Means,  February  17,  1812, 
Same,  February  15,  1813, 
Same,        June         10,  1813,       - 

Estimated  for  1814,  -  -  -  652,840 

Plan  for  increase  of,  by  Committee  of  Ways  and 

Means,  October  14,1814, 
Same,  by  the  Secretary  of  the  Treasury,  October 
18,  1814,  -  .  .  .  . 

Same,  by  the  Secretai'y  of  the  Treasury,  January 
17,  1815,  ....'. 

Estimate  for  1815,  $18,200,000, 
Report  of  Secretary  of  the  Treasury  on  the  esti- 
mated revenue  of  1815, 
Nett,  from  duties  on  merchandise,  tonnage,  pass- 
ports, and  clearances,  accrued  in  1801,  -       149 
Same,            -            -            -             1802,  -         50 
Same,            -             -            -             1803,  -       110 
Same,            -            -             -            1804,  -       144 
Same,            -            -            -             1805,  -       207 
Same,            -             -             -             1806,  -       249 
Same,           -             -     .        -             1807,  -       310 
Same,            -             -             -             1808,  .       375 
Same,            -             -             -              1809,  -       442 
Same,            -             -            -             1810,  .      498 
Same,           -            -            -             1811,  .      582 
Same,           -            -            -             1812,  -      653 
Same,           -             -            -             IS  13,             -       849 
Revemte  bonds — Outstanding  January  i,  1810,  -  -      422 
Revenue  cutters — Increased  number  of,  recommended,  -      306 


628 
5 
5 


48 
108 
142 
204 
247 
365 
374 
422 
440 
495 


523 


539 
613 
627 


854 

866 

887 
910 

910 


Revenue  laws — Principles  and  practice  of  the  Treasury 
Department  in  the  mitigatioji   or  remission   of 
fines,  forfeitures,  and  penalties,  under  the,     - 
Revision  of  the,  prayed  for  by  manufacturers,     - 
Insufficiency  of,  to  prevent  trade  and  intercourse 
with  the  enemy,  with  proposed  amendments, 
Revision  of,  necessary  for  the  collection  of  direct 
taxes  and  internal  revenue, 
Revere,  Paul  and  Joseph  TV.  of  Boston — Pray  that  a  duty 
of  seventeen  and  a  half  per  cent,  be  laid  on 
copper  in  sheets;  report  adverse, 
And  that  old  copper  be  duty  free;  report  favor- 
able,    -----. 
Revere,  Joseph  JV. — Prays  that  a  duty  may  be  laid  on 

copper  manufactured  into  sheets  or  bolts, 
Reynolds,  Jeremiah — Prays  remission  of  forfeiture,  in- 
curred by  taking  slaves  of  French  passengers 
into  New  Orleans;  report  favorable,    - 
Rhode  Island — Inhabitants  of  New  Shoreliam  pray  for 
fishing  bounty  on  boats  under  five  tons. 
Inhabitants  of  Pawcatuck  jn-ay  that  a  collection 
district  may  be  formed  of  towns  in  Connecti- 
cut; report  adverse,     -  -  -  - 
Exhibit  of  manufactures  in,  1810, 
Richards,  Nathaniel — Prays  remission  of  duties  on  mer- 
chandise imported  during  the  non-intercoiu'se 
law;  report  adverse,     -             -             -  . 
Ritter,  Jacob,  Jr.  of  Philadelphia — Asks  drawback  on  a 

shipment  of  sugar;  report  adverse, 
Rogers,  Moses — Prays  for  drawback  on  refined  sugars; 
report  adverse,  -  -  -  . 

Rogers.  Philip  and  Nicholas,  Jr,  of  Baltimore — Pray  re- 
mission of  penalty  for  a  violation  of  embargo 
laws;  report  :idverse,  -  -  .  . 

Rollins,  Ebenezer,  of  Boston — Prays  for  drawback  on 
goods  not  exported  within  twelve  months;  re- 
port adverse,    -  -  .  .  . 

s. 

Saddles  and  bridles — Duty  proposed  on,  1814,   - 
Salt — Expediency  of  abohshing  duties  on. 
Imports  and  exports  of,  for  1805, 
Duty  of  8  cents  proposed  to  be  laid  on,  1811,     - 
Duty  of  20  cents  per  bushel  proposed  on,  1812, 
Same,  same,  1813, 

Sands,  Joseph — Claims  under  French  convention. 
Sands,  Joshua,   (late  collector  at  New  Y'ork) — Prays  al- 
lowance of  drawback  of  duties  on  exports  to 
New  Orleans;  report  favorable. 
Savannah — Remission  to  collector  and  naval  officer  at; 

misconstruction  of  revenue  laws. 
Saws — Manufiicturers  of  mill,  pray  for  protection. 
Scythes — Manufacturers  of,  pray  for  protection. 
Seaman  Edmund — Prays  for  drawback  on  refined  su- 
gar; report  adverse,    .... 
Seton,  Charles,  (of  New  Y'^ork) — Prays  remission  of  du- 
ties on  merchandise  alleged  not  to  be  import- 
ed; refused,     ----- 
Shaw,  Noah — Prays  remission  of  forfeiture  incurred  on 
importation  of  g'oods  from  Great  Britain  and 
Canada,  in  violation  of  the  non-importation  act; 
refused,'  .  .  .  .  . 

Shawneetown — Sales  of  lands  in  the  district  of,  from  Oc- 
tober 1,  1813,  to  September  30,  1814. 
Shot — Additional  duties  proposed  to  be  laid  on  lead,     - 
SINKING  FUND— Commissioners  of  the — 

authorized  sale  of  stock  of  Bank  oftlie  United 
States  by  the,  -  -  .  . 

Report  of  the,  February  7,  1803, 
Inquiry  into  the  proceedings  and  accounts  of  the, 
Report  of  the,  Feb.  4,  1804, 

Same,         Feb.  .5,  1805,       - 
Same,         Feb.  5,  1806,       . 
Same,         Feb.  5,  1807, 
Same,         Feb.  6,  1808, 
Same,         Feb.  4,  1809,       - 
Powers  of  the  commissioners  of  the, 
Report  of  the,  Feb.  5,  1810, 

Same,         Feb.  4,  1811,       - 

Same,         Feb.  5,  1812,       - 

Same,         Feb.  8,  1813,       - 

View  of  the  Sinking  Fund,  for  1813, 

Report  of  the,  Feb .  7,  1814, 

Same,         Feb.  6,  1815,       - 
Report  of  the  Secretary  of  the  Treasury,  of  Feb. 
24,  1815,   proposing  to   reheve  the  Sinking 
Fund  from  the  Treasury  note  debt,     • 
And  to  apply  it,   1st.   Towards  reimbursement 

and  payment  of  the  old  six  per  cents. 
2d.  Towards  the  principal  and  interest  of  tempo- 
rary loans,  under  act  of  March,  1812,  - 
3d.  To  the  payment  of  the  stock  debt  created 
since  the  war,  -  -  .  . 

4th.  To  the  purchase  of  stock  created  since  the 
war,     ...... 


Pages, 

615 
834 

881 

914 

268 
268 


603 


393 


60 


226 
732 


511 


336 


116 


419 


554 


855 
321 
322 
482 
539 
627 
283 


815 

81 
832 

832 

116 


oo7 


875 

852 
482 


9 

23 

37 

84 

120 

172 

227 

69 

22 

369 

395 

472 

528 

603 

626 

821 

897 


917 


917 


918 


918 


918 


INDEX   TO   FINANCE. 


xui 


Pages. 
Slate — Protectingduty  asked  for  on;  reported  ag'.iinst,  107,  185 
Slaves — Valuation  of,  in  the  several  collection  districts 

of  the  United  States,  -  -  -  855,  856 

Smith,  Natkuniel  and  TVillium — Petition  for  drawback 
on  sugars  shipped  coastwise,  and  lost  or  d:uii- 
ag-ed;  report  unfavorable,        -  -  -         CS 

Smith,  Hugh — Prays  remission  of  penalty  for  violation 

of  embarg-o  laws;  report  favorable,      -  -       419 

Smuggling — Insufficiency  of  revenue  law  s  to  prevent,       881 
Snuff — Duty  of  four  cents  per  pound  proposed  on.  1814,       854 
Same,  of  five  cents,         ....       ggg 
South  Carolina — Completion  of  assessment  of  direct  tax  in,     65 
Exhibit  of  manufoctures  in,   1810,  -  -       802 

^/)ec(<:— Surplus  in  tlie  Treasurv,  1802,  near  <5,000,000,  6 

Amount,  1803,  S5,8fi0,b00,         -  -  -         48 

Amount,  1807,   $8,529,573  08,  -  -  -       308 

Amount,  1808,  513,846,717  52,  -  -  .       365  ; 

Expediency  of  prohibiting"  the  exportation  of,     -       837-  ^ 
Proposition  to  prohibit  the  exportation  of,  910,  912  \ 

Spicijic  duties — .\rticlcs  on  which  new  may  be  laid,       -         79  1 
Spiritt — Duties  on  domestic  distilled,  1801,         -       12,  14,  17  ' 
Duties  proposed  on  stills  employed  in  distilling',         539 
•Duties  proposed  on  licenses  to  retailers  of,  1813,       628 
Duties  proposed  on  licenses  to  distillers  of,  1813,       628 
Inquiry  into  expediency  of  authorizing' sale  of,  in 
less  quantities  than  five  gallons,   witliout  li- 
cense; report  adverse,  -  -  -       663 
Additional  duty  of  12^  cents  per  g'allon  on,   Oc- 
tober, 1814,'     -         "    -              -              -  -       854 
Additional  duty  of '25  cents  per  gallon,  -             -       869 
Stamps — Upon  vellum,  parchment,  and  paper,   duties 

on,  1801,  -  -  -  -  -  12,  17 

Duties  on,  projioscd,  1812,  -  -  -      539 

Composition  asked  on  duties  on,  upon  notes  of 

private  bankers,  corporations,  and  companies,       869 
Tax  proposed  on  bonds,  penal  bills,  &c.  1815,   -       887' 
Starch — Manufacturers  of,  pray  for  protecting  duties,     -         29 
States — Balances  due  from;  report  of  Secretary  of  the 

Treasury,  December  30,  1805,  '-  -       163 

Steubenville  district—Siilesoi'  hnds'm  the,  1801,  1802,  7 

Same,  1302,   1803,  -  -  -  52,  53 

^^  Same,   1803,   1804,  -  -  -  112,  151 


Page. 

-  854,  856,  869 


Same,  1804,  1805, 
Same,  1805,  1806, 
Same,  1806,  1807, 

1807, 

1808, 

1809, 

1810, 

1811, 

1812, 

1S13, 


Same, 
Same, 
Same, 
Same, 
Same, 
Same, 
Same, 


147 
210 
252 

379 

445 
502 
585 
657 
852 


1808,  .... 

1809,  ...     - 

1810,  .     -     -     - 

1811,  ...     - 

1812,  .     .     -     . 

1813,  ...     - 

1814,  .... 
Stewart,  David,  and  others,  (of  Pennsylvania) — Pray  for 

protection  on  manufactures  of  iron,     -  -       553 

Stills— TtvLties  on,  1801,  -  -  -         12,  14,  17 

Duties  on,  proposed,  1812,         -  -  -       539 

Duties  on,  1813,  ....       627 

Unequal  operation  of  the  duty  on;  report  on,       -       890 

Stocks — TransfeiTed  to  the  United  States  on  account  of 

de8t«  U.  S. — (See  Sinking  Fund.) 
Stoneware — Manufacturers  of,  pra\'  for  protecting  duties 
Subscription— To  loan  of  S11,000,"000;  report  of  the  Se 

cretary  of  the  Treasury  in  relation  to. 
Sugar — Duties  on  refined,  ISOl,  -  -         12,  14,  17 

Report  favorable  to  refiners  of,   -  -  -         29 

Reports  adverse   to  idlowance   of  drawback  on 

refined,  -  -  -  -  74,  116 


29 


564 


874 

887 
919 


511 


268 
539 
627 

135 


:o4 


554 


;'99 


890 


889 

887 
915 

336 

840 


Drawback  of  duty  on  refined,  prayed  for. 
Duty  on  refined,  proposed,  1812, 
Same,  same,  1813, 

Sureties  in  a  collector's  bond  released — From  delay  in  offi- 
cers of  Government  bringing  suit, 
On  the  ground  that  the  principal  was  released 
improperly  by  the  Secretary  of  the  Treasury, 
*         when  able  to  pay;  and  a  discharge  of  principal 
operates  a  discharge  of  sureties, 
Surety  in  a  custom-house  bund — Relief  to  the  extent  of 
freedom  from  arrest,     .... 
Suspension — Of  pavnient  of  bills  drawn  under  the  con- 
vention with   France  of  1803,  by  Mr.  .'Arm- 
strong, ..... 
Symmes,   John  Cleves — Pre-emptions  claimed  by  pur- 
chasers imder,  ....  5 

T. 

Taney,   Francis  Leu-is,  Benjamin   Stoddcrt,   and  John 
Mason — Trustees  of,  claims  vmder  convention 

witli  France,    -             -             -             -             -  286 

Tariff  of  duties — Increase  of,  proposed,  1804,    -  -  78,  79 

increase  of,  proposed,  1810,       -             -             -  412 
Same,    for    encouragement     of    manufactures, 

1811,    ------  481 

Effect  on  revenue  by  increase  of,             -             -  483 

Increase  of,  proposed,  1812,        -             -             -  523 

Same,  with  plan  proposed,          -             -             -  539 


Tariff  uf  duties — Increase  of,  proposed  1814, 

(See  Duties.) 
Ti/.t'cv— Statements  of  direct,     -       6,  18,  30,  48,  65,  219,  387 
Proposed  by  committee  as  i^reparatorv  to  a  war, 

1812,    -  -  .  .        ■     .  .       53y 

S3,000,000  proposed  to  be  raised  bv  direct,  1812,       539 
lntern;d  :uid  direct,  propo.sed  in  1813,     -  -       627 

Increase  of,  and  additional  in  1814,  -  854,  866,  869 

Income;  report  against,    -  -  .  .       873 

Report  on  receiving  ;iny  kind  of  money  p;ud  by 
Government  for  milit:u-y  services  in  payment  of, 
.Additional,    proposed   by  the  Secretary  of  the 

Treasury,  January,  1815, 
Receipts  from  direct,  1800  to  1815,  inclusive,     - 
(See  Direct  tax.) 
Taylor  JS'trjah — Prays  remission  of  duties  on  merchan- 
dise imported  during  the  non-intercourse  law; 
report  unfiuorable,      -  -  .  . 

Tennessee — Exhibit  of  manufactures  in  the  districts  of, 
1810,  --.... 
Inh.abitants  of  Hickman  and  DickSon  counties, 
report  on  unetpial  operation  of  the  direct  tax. 
Territories  of  the  United  .SYnif.s— Report  on  the  constltu- 
tion;dity  and  expediency  of  imposing  a  direct 
tax  on  the,        -  ."  . 

Tcstatnenlary  instrumenfn  and  letters  of  administration — 

Tax  proposed  on,  .lanu.ai-y,  1815, 
Thomas,  Colonel  James — Accounts  of,  - 
Thompson,  James,   of  Neiv    York — Prays  drawback  on 

a  shipment  of  dry  goods;  report  adverse. 
Timber— Yoi-  Navy,  appropriation  of  §200,000  for  pur- 
chase of,  ....  . 
Tobacco — Duty  of  four  cents  per  pound  proposed  on 
manufactured,  1814,     - 
Duty  of  five  cents, 
Tonnage — Duties  on,  soui-ce  of  revenue, 
"Duties  on,  1800,  1801,  1802, 
.\mountof.\merican  and  foreign,1800,lS01, 1802, 
Duties  on,  1802,  §160,424  70,     - 
Amount  uf  .American  and  foreign,  1803, 
Duties  on,  1803,  S166,.528  91,     - 
Duties  on,  1804,    208,730, 
Amount  of  .American  and  foreign,  1804, 
Duties  on,  180.5,  §215,731  20,     - 
.\mount  of  American  and  foreign,  1805, 
Amount  of                same,                 1806, 
Duties  on,  1806,  §219,329  37,     - 
Duties  on,  1807,    200,331  06,    - 
.•Amount  of  American  and  foreign,  1807, 
Duties  on,  1808,  §119,797,          -             -366, 
.\mount  of  .\raerican  and  foreign,  180S, 
Duties  on,  1809,  §151,983, 
Amount  of  American  and  foreign,  1809, 
Amount  of                same,                 1810, 
Duties  on,  1810,  §169,161, 
.\dditional  duties  proposed  on,  - 
Duties  on,  1811,  §124,363, 
.\mount  of  American  and  foreign,  ISll, 
.\dditional  duties  proposed  on  foreign,    - 
Same,                      same, 
.Amount  of,  for  1812  and  1813,     - 
Amount  of,  1812,  §155,353, 
Amount  of,  181.3,    315,6.38, 
Treasury — Inquiry  into  discrepancies  in  the  re])ort  of 

the  Secretary  of  the,    -  -  -  -37 

State  of  the,  at  tiie  close  of  the  year  1814,  and 

plan  for  providing  the  ways  and  means  for  1815,       885 
Balances  in  the,  ;i.t  the  end  of  each  year,  from 

March  4,  1789,  to  December  31,  1815,  -       920 

TREASURY  NOTES— Issue  of  §5,000,000  autiiorizcd,       569 
Report  of  Secretary  of  the  Treasury,  with  state- 
ments of  accounts  with  Ranks,  purchasers  of,        600 
Issue  of  §5,000,000  authorized,  Febru-arv  1S13,        623 
Receipts  from,  1813,       -  -  -"  651,661 

Same,  1814,       -  -  .  652,  840,  841 

Issue  of,  1st  and  2d  quarter  of  1814,       -  842,  848 

Mode  of  giving  currency  ;ind  stability  of  credit  to,        854 
§28,000,000  necessary' "for  1814,  to'be  raised  by 

loans  and,         -  .  .  .  .       S67 

Effect  on  the  prospects  of  a  loan  for  1815,  of  a 
large  issue  of;  also,  the  practicabilit}'  of  get- 
ting §44,000,000  into  circulation,  without  de- 
preciation, .....  872 
Inquiry  into,  and  report  of  the  Secretary  of  the 
Treasury  on  provision  for  redemption  of,  last 
quarter'of  1814,  ....       S77 

.\mount  due  and  unpaid,  Dec.  2,  1814,  of,         -       879 
.Amount  becoming  due,  January  1.  1815,  -       879 

Propriety  of  legalizing  tiie  payment  of  clairns  in 

Government  stock  or,  ■  -  -       883 

Emission  of  §15,000,000  proposed  for   the   ser- 
vice of  the  ye:ir  1815,  -  -  -       887 
New  issue  proposed  for  1815,  of,             -            910,  912 
Proposition  to  autiiorize  the  funding,  at  an  inter- 
est of  seven  per  cent,  of,         -             -  -       912 


- 

854 

- 

869 

■''9, 

149 

50 

49, 

109 

- 

109 

109, 

144 

144, 

207 

- 

144 

- 

2O7 

- 

207 

- 

249 

- 

249 

310 

375 

- 

310 

375 

442 

- 

375 

- 

442 

142 

498 

498 

- 

498 

- 

539 

582 

,  653 

. 

582 

. 

613 

. 

627 

. 

644 

. 

653 

. 

848 

XIV 


INDEX    TO   FINANCE. 


TREASURY  NOTES — Provision  for  payment  or  ■fund- 
in"  of  debt  incun-ed  by  issue  of,  -  ■   . 
Receipts  from,  prior  to  December  31,  181S, 
Twine  and  /ine— Manufacturers  of,  ask  protection, 

t/mfo-e/te— Makers  of,  pray  for  protecting  duties, 
ihueftkd  accoutits—Trensury,  War,   and  Navy  Depart- 
ments, .  .  -  -  - 
War  Department,             .             .             -  - 
(Iptan  Ckistavus — Prays  remission  of  duties  on  merchan- 
dise imported  during  the  non-intercourse  law; 
report  adverse,             .... 

V.  > 

Fermunt — Exlilbit  of  manufactures  in,  1810,     -  >• 

Very,  Jonathan,  (of  Salem)— Asks  fishing  bounty  on  u 
vessel  abandoned  and  lost;  report  adverse,     - 
Fesse/s— Stamp  duty  proposed  on  hypothecation  of, 
Fmcenraas— Sales  of  lands  in  the  district  of,  from  1806  to 
1807,   ------ 

Same,  from  1807  to  1808, 
Same,  from  1808  to  1809, 
Same,  from  1809  to  1810, 
Same,  from  1810  to  1811, 
Same,  from  1811  to  1812,  -  - 

Same,  from  1812  to  1813,         ;»-  ^,        - 
Same,  from  1813  to   1814, 
Vincent,  Thomas— Pnys  remission  of  forfeiture  incurred 
by  importation  of  British  manufactures  from 
Spanish  dependencies;  report  adverse, 
Virginia — Resolutions   of  the    General   Assembly   of, 
against  renewal  of  the  charter  of  Bank  U.  S. 
Exhibit  of  manufactures  in,  1810, 

IV. 

Wadsworth,  Allyn  and Bostwick,  (of  Connecticut)— Pray 
for  protection  to  iron  wire  manufactories, 

Walkington  George — Prays  remission  of  forfeiture  incur- 
red by  bond  on  clearing  ship  Halcyon  from 
New-York  to  Jersey,  during  tlie  embargo;  re- 
port favorable,  .... 

^or— Report  of  committee  on  increase  of  revenue  pre- 
paratory to  a,  1813,  .... 
Same,  1813,         .  -  -  -  - 

Same,  additional  taxes  for  the,  1814, 


Pages. 

917 
919 
306 


29 

415 
813 


511 


727 

198 

887 

252 
313 
379 

445 
502 
585 
657 

852 


618 

470 

771 


553 


831 

539 
628 

854 


Pages. 

War — Report  of  Secretary  of  the  Treasury,  on  addition- 
al taxes  for  the,  -  -  -  866,  869 
Department  of,  accountability  of  the  disbursing 

officers  in  the,  ....       335 

Payments  made  at  the  Treasury  from  October  1, 
1811,  to  December  1,   1812,  for  the  expendi- 
tures of  the,     -  -  -  -  -       589 
Expenses  on  account  of  the,  1813,           -  -       623 
Estimate  for  first  quarter  of  1814,           -  -       644 

Warrants — Issued  at  the  Treasury  on  account  of  debt 
of  the  United  States — (See  Sinking  Fund.) 

Washhurn,Jamei — Prays  remission  of  forfeiture  incurred 
by  engaging  in  a  foreign  trade  with  a  coasting 
vessel;  report  unfavorable,      -  -  -       833 

Waters,   Elijah,    &   Co. — Pray  for   encouragement  to 

manufactures  of  scythes  and  mill  saws,  -       832 

Watches — Duty  proposed  on  gold  and  silver,  1814,       -       855 

Wellman,  Timothy,  Jr. — Report  on  petition  of,  relating 

to  claims  on  France,    -  -  -  -       284 

Weymouth,  William  W. — Prays  remission  of  forfeiture 
incurred  by  attempting  to  take  a  runaway 
slave  from  New  York  to  Richmond;  report 
favorable,         -  -  -  -  ,       409 

White,  John  F. — Prays  remission  of  penalty  for  viola- 
tion of  embargo  laws;  report  adverse,  -       419 

Wilkinson,  Brigadier  General  James — Inquiry  into  extra 

allowances  made  to,  as  commander-in-chief,    -       33V 

Wilson,  James,  Jr.  of  Charleston — Asks  drawback  on  a 

sliipment  of  salt;  report  adverse,         -  -       336 

Wire — Manufacturers  of  iron,  pray  for  protection,         -       553 

Woodward,  Henly — Prays  remission  of  penalty  for  viola- 
tion of  embargo  laws;  report  adverse,  -       419 


Zancsville — Sales  of  land  in  the 

district  of — 

From   1803  to  1804, 

. 

. 

112,  151 

1804  to  1805, 

- 

- 

-       147 

1805  to  1806, 

. 

. 

-       210 

1806  to  1807, 

. 

. 

-       252 

1807  to  1808, 

. 

_ 

-       31S 

1808  to  1809, 

- 

1 

-      379 

1809  to  1810, 

. 

. 

-       445 

1810  to  1811, 

- 

_ 

-       502 

1811  to  1812, 

. 

. 

-       585 

1812  to  1813, 

. 

. 

-       657 

1813  to  1814, 

- 

- 

-       852 

I    ' 


^*^