sistaintag. aaoflf tne ame pplt
diffe.-ewt ewrrenesee of eaeqiisl ala.
A ltd b ad-atrUy did the whole sys
tem, daring the lour year, of it e lin
ear, move and work! And a th two
tinf trtuaate -teeasioas of its ceasing to
exist, now quickly did the basioe. end
transactions of tht country run tato wdd
disor der and alter confusion!
Hitherto, 1 bsv. ronsidered this new
project at it u, according t lU trot na-
tare and character, an J what it mat in-
eviublv become. 1 have sot examined
it at it it ant, bat as its friend woolJ re
present it to be. They bold out the idea
that it is a simple contrivance to collect.
ti keen, and to disburse the public ret e
nae. la that s iew of it, every eonside
ratios of safety and security recommends
the aene of responsible corporationa
rather than the employment of particular
individuals. It baa been above, during
of this debate, that the amount
which has been lost by the defalcation I mous expansion of Executive power; to
of individuals, has exreeded three or four I arrest the progress of corruption; t re
times the amount of all that has been lost $ buke osurpation; to drire the (Jodie and
by the local banks, although the sums ! aoJals from the capital; to expel Dre--l-e
i.t , .M r i,i;i)usl. hate t onus and his horde from Rome, who,
uot been probably one tenth part of the I
amnat that has been ia the custody of
crreiiiiess
ral. and to suMnote in their plare the
receivers general. The new system re
quires, I think I bsve beard it stated,
something like 100,000 employees to hsve
it executed. Aod, notwithstanding the
modosy of the infant promises of this
uew ,r"jfct, I haTe no doubt that ulti
mate !y w shall have to employ a num
ber f person, approiimating to that
which is rslatned n France. That will
undoubtedly be the case whenever we
shall revive the system of internal taxa
tion. In France, what reconciled them
to the system was that Napoleon first,
and the Uourbons afterwards, were pleas
ed with the immene patronage which it
gave them. I hey used to nave tuo.uuo 1
Jen-nhnis to add strength to the throne, t
wl.c -. mJ been recently construc.cd or j
re-v.ided. I thought, however, Wat
the learned r hiirman of the commit'ee of
financr mJJt hsv had some other beside
.he Frcnc't model for his receivers gene
iai; and accordingly, upon locking into
SmUVa history of his own atale, I found ,
that, when it was yet a colony, some cen
turv and a half ago, and when its present '
nohle capita! anil retained the name of
New Amsterdim. the historian says: ,
"Among the principal laws enacted at'
this session, we may mention that for es
tablishing the revenu, which was drawn
into precedent. The sums raised by it
were mad epayable into the hsuds of re-
ceivns general, and issued by the (Jover
nor's warrant By ihia means the Gover- ,
nor became, for a season, independent of j
the people, and hence we and irequcnt
instates of the Assemblies contending
with him for the discharge of debts to pri-
9i nnrsnnt. contracted on the faith of
,t,. n..imnt " The then Governor I
id ti colony was a man of great violence
of teiiper. and arbitrary in his conduct.
How the sub-treasury system of that day
operated the same historian informs us
in a aubspaoent nart of his work. The
revenue," he says.
" ....1
established the last
year, wa at this session continued five
,
year, louger man wa. ortginaiiy iniena-
ed- Tin. was rendering the Governor
independent of the people. For, si that
day, the Assembly had no treasure, out
the amennt of all taxes went, of course,
into the hands of the receiver general,
who was apnoibted by the Crown. Out
of this fund, moneys were only issuable
by the Governor', warrant, .0 that eve-
iy offieer ia the government, from Mr.
Blaitliwair, who drew annually hve per
cent, out of the revenue, as auditor gene
ral, down to the meanest servant oj the
public, tK-came dependent, solely, on the
Governor And hence we find the house,'
at the close of every session, humbly ad
- dressing his excellency, for the trifling
'traces of their own clerk." And, Mr.
' President, if this measure should unhap
pily pass, the day may come w hen the
Sena'e of the United States will ' have
humhif o implore some future President
of the V. i'l States to grant it money to
par or its own sergeant at-arms
the LH-al banks. And we all know that, the mistress oi tne wor o, suoweu . - ,Ccordin to the old of Hist very debt of gl75.000.000. would
during thefortyyeareoftheexistenceof preference for gold; that lie was a hJ?' atill exist, ia tlie shape ol private U..
th. two iWof th. United State,, not money ch.c u,n. t was by the much . tiS!&n' The Senator from SoUl Carolina might
one cent was lost of the pubhe revenue, more valuable metal of iron that be was ! rXkoftrS sTates. a. well collect the aggregate amount of
I have beea curious, Mr. President, to driven from her g.jes. And how often Vi.oolJ Weoi puWic i2 friwate all the mortgages, bonds, and nous,
know whence thiaide. of receivers gene-j have w.witnes.sd the Senator fromSouth j' which have been executed in the United
r, was derived. It ha. Uen suppoM-d Carolina, with woful counienance. and n State, for loaus. and a.ser, that the inte-
,o h.ve bren borrowed from France. It doMil .trains, pouring forth . touch g ? J1, fBi JJ i ,lumy cheek, rest paid upo "n.Uluted
requ.red l the power of that mot extra- and mournful eliquenco on the degene- ner ai i n eseni s ,e an J (lie BpoB u.. community,
ordinary m.a that ever lived. Napoleon racy of the times, and the downward ten- JJSl UlU iquidat.on of the debt doe to the
Bonaparte, when be was is , bi. men iaa , 1 S ' uSl I Sow that tXly STJ. bank. fron?,he community, and from the
. to disnuce tne iarmrr kiis- uc .....r, - . . , . ,f ... .... hank in i iff rommunitv. trie re wnuia not
, and door ki-eper.
V 1 1. M. President, are the most con
epicuius of ihie who perseveringly pres
acd ihi-bill u o Congress and the Ameri
can people? ltsdrswens the distinguished
eentlmaa in the white house not far off;
its endorser is the distinguished Senator
fro a Sooth Carolina, here present. What
ih- drawer thinks of the endorser, his
cauu ius reserve, and stifled enmity pre
tents us from knowing." But the frank-
nrt of the endorser has not left u. in
the same ignorance with respect to his
opinion of the drwer. He ha. olten ex
pressed it upon ihe floor of the Senate.
- a- . .
un an occasion not very uistant, aeny
iog to him any of the nobler qualities of
the royal beast of ihe forest, he attribu
ted to him iho which bolong 10 the most
cr if.v, most skulking, aad one of the
in a. test of the qu.idruped tribe. Mr.
rreeiJtBt, it is due to myself to sav that
1 do not altogether ahare with the Sena
tor from South Carolina m Lis opinio
of the President of the United States. I
have always found hiss in Lis manners
and deportment, civil, courteous, aad gen-
ilemauly; and he dispenses, in tne nuie
mansion which be no occupies, one
worthy the residence of the Chief Magis
trate of a treat people, a generous and
liberal hosmta'.itT. An acquaintance w ith
bim or mom than twenty years aurauon
hu insnirrd me with a lespect for the
.
man. although I regret to be compelled
to say, I detest the Magistrate.
The eloquent Senator from Sooth Car
!ioa has intimated that the course oi my
friends and myself ia opposing this bill,
was unpatriotic, and that we ought to have
Cloned ia bie lead; and ia a late letter
oi bis, be has spoken ol bis alliance with
us, and of his motives for quitting it. I
cannot admit the iostiee of bis reproach.
We united, if indeed there were any al
liance in the case, l restrain the enoi-
when he threw his sword into the scale,
to augmeut the ransom demanded from
bis lofty and impassioned eloquence.
Although I shared largely with the ben
ator in his apprehension for the purity ol
our institutions, and the permanency of
civil liberty, dispored always to look at
the brighter side of human affairs. I was ,
sometimes inclined to hope that the tivid
imagination of the Senator had depicted
the dangers by which they were encm-!
panted in somewhat atronger colors than '
ther justified. The arduous contest in
which we were s long engaged was
about to terminal, in a glorious victory.
The very object for which the alliance was
formed was about t be accomplished. At
this' critical mam.'nt the Senator left us;
he left u for the very purpose of preven
ting the success ol the common caue. (
He look up his muke, knapssrk, and j
siim-poutu, anu juimcu mr nm rinjr
He went, horse, foot, and dragoon, and 1
he himself composed the whole corps. '
He went as hi present mot distinguish- j
ed ally commenced with his expunging .
resolution, solitary and aloue. The ear-1
liest instance recorded in history, within '
my recollection, of an ally drawing off
his forces from the combined armv, was
that of Achilles at the siege of Troy. He
withdrew with all his troops and remain
ed in the neighborhood, in sullen and dig
nified inactivity. Hut he did not join the
Trojan forces, and when, during the pro
gress of the siege, his faithlul friend fell in
battle, he raised his avenging arm, drore
the Trojans back into the gates of Troy,
and satiated bis vengeance by sUyiog Pri
am's noblest and dearest son: the finest he
ro in the immortal Uliad. ButAchiHcs had !
been wronged, or imagined himself wrorv
ged, in the
ed, in the person of the fair and bcau'.t
ful Briseis. We did no wrong to the
distinguished Senator from South Caroli
na. On the contrary, we respected him.
confided in his great and acknowledged
ability, his uncommon genius, his exten-
1 aive experience, his supposed patriotism;
. above all, we confided in his stern and
m - . or use nirririirii iiarii Hr.iniPi iiiw wsw- a - - - - 4
...... ... m. ., . .,.?.
muexioje nuemy. .Aeverineiess, tie leit
r "''' "pj'wuciu-,
distrusting and distrusted. He left us, as
he tells us in bis EJgefield letter, be
cause the victory which our common
arms were about to achieve was not to
enure to him and his party, but exclusive
ly to the benefit of his allies and their
cause. I thought that, actuated by pa
j trioiism. (that nublest of human virtues,)
j we had been contending together for our
: common country, ior ner vioiaiei rignis.
her threatened liberties, her prostrated
constitution. Never did I suppose that
personal or party considerations entered
into bur views. Whether, il victory shall
ever again be. about to perch upon the
standard of the spoils party, (ihe denom
inalion w hich the Senator from South Ca
rolina has so often given to his present
allies.) he will not feel himself constrain
ed, by the principles on which he has
acted, to leave them, because il may not
enure to the benefit of himself and his par
ty, I leave to be adjusted between them'
elves.-.. , ; -' , .
The speech of the Senator from South
Carolina was plausible, ingenious, ab
stract, metaphysical and generalizing. It
did not appear to me to be adapted to the
bosoms and business of human life. It
was xrial, and not very high up in the
air, Mr. President, cither; not quite a.
high as Mr. Clayton was in his last as
cension in his balloon. ' The Senator an
nounced that there was a single alterna
tive, and no escape from one or the other
branch of it. He stated that we must
lake the bill under consideration, or the
substitute proposed by the Senator from
1 irginia. I do not concur in that state
ment of the case. , There is another
coarse embraced in neither branch of the
Senator's alternative; and that course is
to do nothingalways the wisest, vhen
you are not certain what vo'u ouzht to do.
I .el us suppose that neither branch of the '
!tf native is accepted, and that nathirg j
is done. What. then, would be the con-1
eqaencc? There would be a restoration
r the lw of 17S9. with all its caauous
and securities, provided by the
wisdom of ocr ancestors, which ta been
so trampled upon bT the late aad present
administrations. By that law, establish
ing the Treasury Department, tie trea
of the United Sutea is to be reeeiv
,t. knt and disbursed br the Treasorer,
under n bond with ample security, ender
a large penalty fixed by law, and col leit.
as this bra kaves it. W tne unccnam
of a Secretary of the Treasury.
If, therefore, we were to do nothing, that
law would be revive J; the Treasurer
would have the custody, as be ought to
have, of the public money, and doubtless
h would make especial deposilrt of it in
stl inctMMi with sfe and sound state
banks, at in some eases the Secretary of
the Treasury is now obliged to do. Thus.
we should bate ia operation mas very
aeeial deoosite system, so much desir
ed bv aome gentlemen, by which the pub
lic money would remain separate and un
mixed with the money of banks, mere
is yet another course, onembraeed by ei
ther branch of the alternative presented
br the Senator from South Carolina; and
i th it is to establish a Dank of the United
er has barricaded itself cimt
biishment of such a Inn. It adapted, at
the last extra setsion. an unprecedented
resolution, that the people of the United
States should not have such a bank, al
though it must be manifest that there was
a clear majority of them remanding 11.
But the day may come, aad 1 trus is not
distant, when the will of the people must
prevail in the councils of their "n go-
vernment; and when it does arrive, a ban!
will be established.
The Senator from South Carolina re
minds us that we denounced the pet bink
system; and ao we did, and so we do.
But does it therefre follow tint, bad as
that system was. we mnst he driven into
the acceptance of an infinitely wore? He
tells us that the bill under consideration
lakes the public funds out of the hands of
the Eseouiive, and places them ia the
hindt of the law. It doe no such thing.
They are now without law, it is true, in
the custody of the Executive; and the bill
pr poe by law 10 confirm them in that
custody, and to convey new and enor-
mous powers of control t the executive
over them. Every custodary of the pub
lic funds provided by the bill, is a crea
ture of the Executive, dependent upon his
breath, and subject to the same breath for
removal, whenever the Executive, from
caprice, from tyranny, or from party mo
tives, shall choose to order it. What safe
ty is there for the public money, if there
were a hundred subordinate executive of
ticrrs charged with its care, whiUi the
doctrine of the absolute unity of the
J whole executive power, promulgated by
1 the last administration, and persisted ii
bv this, remains unrevoked and unrebuk
cd. Whilst the Senator from South Carolina
professes to be the friend of Si.ve biuk,
he has attacked the whole banking svstmi
of the United States.. He is their fneml;
he only thinks they are unconstitutional!
I ivui
Uecatisc the coining power is
j pOSS8ej by ihe General Government,
anJ t))at co,,njj power, he argue., was
intended to supply a eurrency 01 the
precious metals; but the S:ate banks
absorb the precious metals, and withdraw
them from circulation, and, therefore, are
in conflict with the coining power. That
power, .according to my view of it, is
nothing but a n;iked authority to stamp
certain pieces of ihe precious metals, in
fixed proportions of alloy and pure metal,
prescribed by law, .0 that their exact
value may bo known. When that office
is performed, the power is functus
officio; the money passes out of the mint,
and becomes tho lawful property of those
who legally acquire it. They may. do
with it as they please, throw it into the
ocean, bury it in the earth, or melt it in a
crucible, without violating any law.
When il lias once left the vsults of the
mint, ihe law-maker has nothing to do
with il, but to protect it -gainst those who
attempt to debase or ronnterfeil, and,
subsequently, to pass il as lawful money.
In the sense ia which the Senator sup
pose, banks to conflict with the coining
power, foreign commerce, and especially
our commerce with China, conflict , with
it much more exclusively. . That is the
great absorbent of the precious metals,
and is, therefore, much more unconstitu
tional than the Slate bank. Foreign com
merce sends them ont ol the country;
banks retain them within it. The distin
guished Senator is no enemy to the
banks; he merely thinks them injurious
to the morals and industry of the coun
try, lie likes them very well, but he
nevertheless believes that they levy a tax
of twenty-five millions annually on the
industry of the country I Let us examine,
Mr. President, how this enormous and
iniquitous assessment is made, according
to the argument of the Senator from South
Carolina. He states that there is a mass
of deb! di'fl from th? community to the
ia mm e.w spsii ni m iswainv naa miss kK. km w -
laats, axiouauisg ta en5.euo.Uiw, ue
interest ep which, constituting a'ooi
that ana of tS.C00.000. forma the ex-
rrptionabl. tax. this sea is not
: L . m Mmmsiiilr. Suit Afifv
nilU PJ tan j , -- y
l-vat the bant.. 7 ow-w mnsrj
at six per cent, interest, and invest it ia
... -M I
proa table adventures', or ouer ise empioy
it. Ther would "not borrow it if they
did not suppose they could make profit by
iu and in probability i that tney go
make profit by it. I as tea J, tnerriore, oi
there being any I ss ia the operation, there
is an actual g on to the community, ny tne
excess of profit snade beyond six per
cent, ihterrsi, which ihey pay. nat are
bank! They are mere organized agen
cies for the loan of money and the transac
tion of monetary busmen: regulated
agencies, acting nnder the prescripuona
t,i law. and subject to a responsibility.
mnral and leeal. Ut transcending tnai
under which any private capitalist ope
rites. A number of persons, not choos
ing to lend out their money privately,
associate together, bring their respective
init!a into a common stock, which is
controlled and manazed by the corporate
eovernmenl of a bank. If no association
whair rvr bail been loreJ,alarge portion
of this capital, a largf ponton therefore
be as rauMi difficulty as the Senator seem.
to apprehend, from the mass ol debts
due to the banks are to be deducted,
first, amount of subscriptions which con
sli'ute their capitals; secondly, the amount
of depositee to the credit of individuals
in their custody; and, thirdly, the amount
of their notes in circulation. How easily
will these mutual debt, neutralize each
other! The same pers n, in namheiTcas
instances, will combine in himself the
relatl nt boih of creditor and debtor.
TN only general operation of banks
beyond their discounts and depoMies,
which pervade, the whole community,
is that of furnishing a circulation in
redeemable paper, beyond the amount of j
specie to redeem it in their vaults. And
can it be doubted that this additional
supply of money furnishes a powerful
stimulus li industry and production, fully
compensating any caual inconveniences,
which sometimes, though rarely, occur?
Banks reduce the rate of interest, and
repress inordinate usury. The salutary
influence of banking operations is demon
strated in countries and sections of coun
try where they prevail, when contrasted
wr.li those in w hich they are not found.
In the former, all is bustle, activity,
general property. Th. country is beau-
liiicd and adorned by the nolle works of
internal iiprotement;ibe cities are tilled
with splendid edifices, and the w hares
covered w ith the rich rotirtiori of our
own or of foreign climates. In the latter,
all is slugsi-.liiies. tlotiitulr.et., and
inactivity. England, in modern times,
illustrates the great advantages of banks,
of credit, and of ttimuhted industry.
Contract her with Spain, destitute of all
those advantag'-. In ancient times, A
thens would pie lent an image ol full and
ariive employment of all the energies of
man, carried to the highest point of civili
zation, whilst her neighbor, Sparta, with
her iron money, dlWds another of the
boasted benefits of metallic circulation.
The Senator from South Carolina
would do the banks no harm; but they
are deemed by him highly injurious to
the planting interest! According to him,
they inflate prices, and the poor planter
sells his productions fur hard money, and
has to purchase his supplies at the swoln
prices produce! by a paper medium.
Now, I must dissent ultngethcr from the
Senator's statement of the case. Eng
land, the principal customer of the
planter, is quite as mat h, if not more,
a paper country than onrs. And the
paper-money prices of the one country
are neutralized by the papnr-mnncy prices
of Ihe other country. If the argument
were true, that a paper-money country
trades disadvantageous!)' with -a hard
money country, we ought to continue to
employ a paper medium, to counterbal
ance the paper medium of England. And
if we were to banish our paper, and
substitute altogether a metallic currency,
we should be exposed to the very inequali
ty which has been insisted upon. But
there is nothing in thai view of the matter
which is presented by the Senator from
South Carolina. If, as he asserts, prices.
were always indited in this country,
beyond their standard in England, the
rale of exchange would be constantly
against us. An examination, however,
into ihe actual state of exchange between
the two countries, for a long series of
years evinces that it has generally been
in our favor. - In the direct trade between
England and this country, 1 have no
doubt, there is n large annual balance
ag&insl us; but that balance is adjusted
and liquidated by balances in our favor
in other branches of our foreign trade,
which have finally concentrated in Eng
land, as the great centre of the commercial
world. .
Uf all the interests and branches of in
dustry in this country, none has profited
titttt hf lite etc had epLvtutt
credit and rp'tal derived (rem laiAifc.4
other tosms, than the tdautiag Uiets
It habitually employe -credit it a.1
countries where planting sgrieidtars irt
tads. The State, of Alabsas. JJ
sippi. Arkansas, and L-Hjltuni, klte
almost sprurjg4oi existence, m u tie,
be sntie. or. at least, have beea
improved and extended, ender tL ul.
meeofthe credit system. Lands, ffc.,.
utensils. beatU of burden, r.4 mlt
supplies, bate been constantly Lroc,!
and still continue to be purchased, t:yjt
credit; and bank aeiey is a'4 esseavd h
give lite most oenvbciii operation tatitrH
credit. Rut the argument of the SVaau
Irom bouth laioitna. which 1 am tmVu.
ing, would not be correct, if it were tnt
that we have inSatrd prices on this
of the Atlantic, wilhnut a 'correspond,,
inflation of price on the otLer sidr"
because th planter generally aellis
borne, and buying at home, the proceed,
ol Lis .ale, whatever they may be, ee.
etitule the meant by which be cdma lu
purchases, and consequendy nmtri
each other. In w bat do we vf the Wr.
receive payment for the iranenseqBuu:j
of live stock and other produce id
induvrv, which we annually sell to iU
Siulh and Sootliwesl, but that p
medium now eo much decried and o..
nounced? The Senator from South ($.
rolina is very fond of the .tat. bau';t:;
be think, tliere is no legitimate currcae;
except that of the constitution. IU (us-
1 tend, that the power which the (iovtn,-
ment possesses to impose taxes restrku
it, in their payment, to the receipt of tit
precious metal. But the coostiiutiaj
doc. not .ay ao. The power is givea ia
broad and unrestricted terms; and th. Cot.
eminent is left at liberty to rullrct tit
taxes in whatever medium or comiuoj; t.
from the rxigencie. of the rasr, it fin
collect them. It is. douhtlett. much tLt
most convenient to collect them in mooft,
because that represents, or can cotnma&J,
every thing, the want of which is imp!.!
by the power of taxation. But suppot
there was no money in the conntry, turns
whatever, to be extorted by t!ie in
gatherer from an imporciislied pcrirV
It the power tf Government to eta,
aud the people to be thrown bsrk into 1
state of nature? The Senator asks if mo
could bft levied and collected in iibv?G.
in cotton, and other commodities? I'r
doubtedly ihey could, if the r.ecesMty ti
isted for such an inconvenient imposiiini
Such a cae of necessity did exist in l1'
colony of Virginia, and other cMiwirf,
prior 10 the devolution, and taxes m
accordingly letted in tobacco or chr.
commodities, a. wolf-sctp, een at
day, compote a part of the rrtrnue ::
more than one state.
The arg'imet.t, then, of the Scmtor,
against the richtof the government tn !
ceive bank notes in payment of pnMc
dues, a practice coeval with the exiten't
ot the government, does not seem ti &
to be sound. It is not arcur tc, fr r.
other reason. Bank notes, hen t
! vcrtihle at the will of the hoi Jcr into p
cie, are so much counted or hM spc'it,
like the specie which is counted andfn.
into marked keg, denoting ihe unii!;!?
of ihrir content. The Senator
ihat it ha been only within a lew cYs
Out he has discovered that it is iller-l 0
receive bank notes in payment if f t&if
dues. Dot s he think that the vK' "
the government, under all its admini-'ti-lion.
nd with veiy party in power
whih has prevailed for near fiftv yew.
ought to be set ssido for a ootil tliroty
of ht, jtisl dreamed inlo existence. fe:
if it possesses the nterii of insenuitj
The bill under consideration, which
been eulogised by ihe Senator as perfcc;
il its structure ami 'ct lilu, contains 1 Fra-
vision that bank m tes shall be receive .
diminished nmnonions. during a term
sit years. He hime!f introduced iltf
identiTil principle. It is the only rsrU
Ihe bill lhat is emphatically hi.. H"
then, ctn he contend ihat it is unconi'.!
tulional to receive bnnk notes in paytrw
of public de? I appeal from himsrl. '
himself. The Senator further contend,
that general depnsitcs cannot be
with banks, and be thus confounded
the general mass ol the funds on slt:
they transact busine5S. The try?
supposes thn the money collected f"'w
es must be presorted in identity; but i'j
is impossible often lo d. May nnttj'
collector give the small change which'
has received from one isx-pycr to n'u
cr tax-payer, to enable him to effort "
nnvmpiii! M iv he nnt i banco g"l 1:1
kilter, or vice tra. or both, if hclf 3
distnnt collector. 1.1 obtain an nmli'U
Mmitlam-tt lo tUti m.l.lir trpasurV? W"1''
Mr. President", is the process of mT-
dcpoMies with banks?4 The uepn-
made, and a credit is entered for "
mount to the government. T hat ero
is supposed lo be the exact equivalent 1
the amount deposited, ready and f""-.'
coming lo the government whpnecr,n'
wanted for the purposes ol disburse-"
It is immaterial to the goverinneid
ther it receives baek agtiio ihe ' cl!"'"
moncv put in, or other money ; 'i'v
value." All ihat it wants is what it 'l
the bank, or its equivalent; ad
ordinarv limes, with such prudent bk
as alone otisht to be selected, it '"' '
... . . . .i has I"'
getting. Again: urn irc-mi"
(inpnilv In iniliR remittances I" 'orei
Mnenditure 111
cessary there for our naval equadr" -and
other purposes. They are mf.
the bankers, to die ll- rings or the W
child, in the form of bill nf cNC';t