Indiana Republican, Volume 3, Number 118, Madison, Jefferson County, 13 March 1819 — Page 2

.'Prom the Cincinnati G&zetts, TO THE PUBLIC. In consequence of the circulation of unfavorable reports respecting the solvency of 'John H. Piatt & Co. Bankers, the gentlemen composing that firm called on the undersigned, with a request, that we would make an investigation and public exhibit of their bank. -After a careful examination of the books and papers of the company, we feel prepared to offer as the result, the following statement, which will show a balance in favor of the institution of eighty-five thousand four hundred and twenty-nine dollars and eighty-seven cents. Statement cf the Bank cf J:b?: II Piatt & Co. Dr. Notes in circulation,

Drafts or bills payable, 04,5 itJJue clvpositors 19,637 28 326,934 2S C . Heal estate, S 87,994 I Jills receivable, 174,452 i4 Drafts on X. Orleans 68,363 63 Drr.its on Mintlrv places ami cashes hand, 49.9 72 Due irorn indix iduals, 17,o32 6i Advance il on Steamboat Gen. Pike 14,600 412,364 1J Balance in favor of the Hard, S S5.429 S7 The solvencvofa bank whicli is able to pay its debts and have a surplus of more than eightyfive thousand dollars, when all the debts it owes are less than four times the amount of their surplus, appears to us to be unquestionable. But in addition to the above,the holders of their paper have the security of John H. Piatt's private estate, which we have estimated from satisfactory documents as follows. Bond-, ;:ici notes held by him on interest, S 66,052 35 This is the balance in his favor alter deducting the amount he ones. In ascertaining the amount of debts due bv him, wc have necesarilv had to trust much to Mr. Piatt's honor, but xve have no douot of the correctness of his statement. Jtcal estate of John II. Piatt, 560,230 Total. S26,3C2 35 '"p0 x,Wt U avKl the balance in favor of the bank, 8J,429 87 makes a surplus of ST! 1,732 22 The private property of the other partners which is, also bound for the redemption of their paper is not included in the above statements. It may not be improper to remark, that in answer to a note addressed to theRecorder ofthis county, accompanied by a schedule of the above property, we are assured, that there is no mortgage against the company on record and but one against Mr. Piatt, and upon a reference to the schedule we find it docs not affect the property contained therein, and it is believed, that the property fituated beyond the limits of this county is equally unincumbered. The greater part of Mr. Piatt's real property is situated in the county of Hamilton, and his rents for the last year may be safely estimated at 13,000 dollars and for the ensuing year at 20, ceo dollars. As it will appear from the foregoing representation, that the .house of John H.Piatt cc Co. have in their possession ac-

- tive means,independent of their real estate, sufficient for the redemption of all their paper in circulation, provided the influx should not exceed the natural course of business, and as this responsibility is supported by an unincumbered estate of more than six hundred thousand dollars; and as m.ch may be also calculated upon the integrity and active efforts of the company, the undersigned feel no hesitation in giving it as their opinion, that the public arc perfectly safe in the circulation of their paper. WM. LYTLE, THO. SLOO, Ir. JOHN F. KEYS, ISAAC G BURNET, J. EMBREE.

TIVES. Friday, February 12. On motion of Mr. Poindexter, it was Reached, That a committee be appointed, jointlv with such committee as may be appointed by the Senate, to enquire what subjects before the two Houses it will be proper to act on during the present session. The bill from the Senate to increase the salaries of certain officers of the government, was lead the third time, as amended bv the House, and the question on it; passage decided, by ye-as and nays, as follows : Yeas "G ;iys 50. So the bill was passed, and returned to the Senate for concurrent in ne amendments. RcAii'dion of the Anvj. Vjr. Williams of N. C agreeably to die intimation which he gave ve'sterday, submitted the following resolution : Resolved, That the military peace establishment of the United States shall consist of such proportions of artilllery, infantry, and -;flcmen, not exceeding in the whole 6,000 men, as the .''resident of the United States shall think proper ; and that the committee on miiiiarv affairs be inst.:cted to re port a bill for that purpose. Mr. Williams supported his proposition in n speech of nearly two hours in length. Mr. Harrison, cf Ohio, replied, and spoke also at considerable length against the proposition to reduce the army. When he had concluded, Mr. Simkins, of S. C. intimating a wish to offer his opinions on the question, which the lateness of the hour opposed to-day, moved an adjournment, which motion was agreed to ; and The House adicurned, after 4 o'clock. Saturday, Ftbruartt 13. The House then proceeded again to the consideration of the resolution offered by Mr. Williams, of N. C. to reduce the army of the United States. Mr. J. S. Smith, of N. C. moved to amend the resolution bv adding thereto the following : Reaohed, That the act or acts of Congress, authorising the appointment of two major-generals be repealed, and that the oilice of major-general, in the military peace establishment of the U:-"ted States, be dispensed with. Resolved That the residue of the stall of the army of the United States be reduced, to one half of the present number of officers, or as nearly to as the nature of the case will admit of. The amendments was accepted by Mr. Williams as a part of his motion. Mr. Simkins took the floor in opposition to the resolutions, and spoke nearly an hour against reducing the army. Mr. Sawyer spoke a short time in favor of the resolutions. Mr. Storsr opposed the resolutions, and replied at some length to the advocates of the proposition. Mr. Livermore spoke briefly in favor of reducing the army.

. Mr. Johnson, of Ky. opposed it, and spoke a short time m answer to those who advocated the reduction. Mr. Holmes, after stating that there were but fifteen days remainimr of the session; in which the

house could not, with due attcnllWU.lt luuiv --- -- - tion to the necessary measures now before it, investigate and act on this subject with the deliberation and understanding which its importance demanded, and that it would be better to defer the decision of the question to the next session of Congress, when it could be maturelyacted on, with the view of bringing the discussion now to a close, moved that the resolutions be laid on the table. Mr. Desha made ore or two remarks against the motion of Mr. II. observing, incidentally, that he was opposed to reducing the army, except so far as regarded the staff. The question was then taken on laying resolutions on the table, and decided in the affirmative, as follows : Yeas 71 Nays GG. So the resolutions were laid Oil thc table. NKW STATES. The house on the motion of Mr. Scott, resolved itself into a committee of the whole, Mr. Smith, of Md. in the chair, on the bills to . liable the people I the Territories of Missouri and' Alabama to form state governments. The bill relating to the Missouri territory was the fust in order, and the fa ,t taken up The committee were busily occupied until half past 4 o'clock, in maturing the details of this bill, and discussing propositions for its amendment: in which Messrs. Scott, Robertson, MiUs, Harrison, Andersen, of Ky. Desha, Tallin. ;ge, Clay, and Harbour, participated. In the course of the consideration, Mr. Tallmage moved an amendment, substantially, to limit the existence of slavery in the new stale, by declaring all free who should bborn in the territoiy after its admission into the Union, and providing for the gradual emancipuioa of tho-e now held in bondage. This motion gave rie to an interesting and pretty wide debate, in which the proposition was supported bv the mover, and by Mcs ;vs. Livermore and Mills, and was opposed by Messrs. Clay, (Speaker) Harbour and Pindall; but before anv question " as taken, The committee arose; and The House adjourned. IX skxati:. JP, riu". Februarn l.. The Vice president of the United Dtates chair; h: aving retired from the The senDte prfcecded to tlie elcction of a President, vro tempore; when Mr.l'arbour of Virginia, was duly, elected, and took the chair accordingly, Irom wh.ence he made his acknowledgements to the Senate for the honor confered on him. The bill respecting the location ot ceitain sections of land to be gran ted for the seat 01 government for the State cf Indi ana, was read a I, and sent to the third time, passed other house for concurrence. TlJ;lr V 'Y; Mr. Johnson of Kv. reported a bill for establishing "an additional Military Academy, and a Military 1 r . r y t . 1. ........ j . rtj1u,v,i.,. ..-o twice read and committed Mr. William cf North-Caroli-na, moved to proceed again to the consideration 0 the proposition to reduce the a-my ; wSiich motion was rejected ova majority ol about 10 votes. MISSOURI STATE. The house then proceeded to the consideration of the amendments reported by the committee of the whole on the bill for authorising the people of Missouri to form a Constitution and State Government, and for the admission of the same into the Union. The whole of the amendments nittee of the whole , Wltll the exception made m committee were agreed to except nvi'trSrr. posed state. On this question the debate which commenced yesterday was renewcd, and prosecuted with considerable spirit. Messrs. Scott, Colston,

Tallmage, Storrs, Taylor, Simkins, r.:i i, .Spencer, Humus, Barbour, Campbell of Ohio, Butler of Lou. Terry and Beecher taking part in it. After along debate on the subject, the question was taken on a-

greemg to the first member ot the ,j - . proposed amendment, in the oilowing words : -'That the further introduction of slavery, r involuntary, servitucle, 1m; prohibited, except lor the punishmrnt of crimes, whereof the partv shall nave been iuiiy conP vict'ed. On v.hich question the veas and

nays were as iouow : leasts -it 1 J;- . ture. simple Isaac may haveNavs 70. , , . . W

the question was then taken on agreeing to the second d member ot the said amendment, which is in the following words . " And that all children born within the said state, after the admission thereof into the Union, shall be free at the age of 25 years." On which question the vote was, by yeas and nays, as follows: For the said second part 82 Against it 78 So the whole of the amendments, as proposed by Mr. Tallmadge, was agreed to. Some other amendments having been made to the bill Mr. Storrs moved to strike out so much of the bid as says that, the lieu state shall be admitted into the Union on on equal footing the original states. After the vote just taken, Mr. S. said, there was a manifest inconsistancy in retaining this provision. The motion n as negatived. Some remarks were made by Messrs. Desha, Cobb and Rhea, to shew why they should now vote against the bid, and by Mr. Pitkin on the other side. Ky.. Scott and Mr. Anderson, of Kv. greatly as they had been opposed to the insertion of the provision. which haul been so much debased, yet preferred taking the bill as it stood, to rejecting it. T1 the question on ord ei it tiie bill to be engrossed for a third reading, was then decided in the affirmative, 98 to 56 ; and The House adjourned, BANK OF THE UNITED STATES. The following citizens have been appointed, by the President, with the consent of the Senate, to be Directors of the Bank of the United States, on the part of the government, for the ensuing year, viz: Nicholas Biddle, of Philad. John Steel, William Bowne, of New York, John McKim, Jr. of Balt. Extract of a letter from Glasgow, ( Scotland) J dated Dee. 8. "There have been a great many sudden deaths this tall, and the Typhus has increased, there was such a mild winter in this country; no frost yet at all, which is greatly wanted to check the vegetation. The turnips in the fields are running up to seed; and the wheat into the shot blade; flowers, the most delicate, are in bloom; gooseberries out; raspberries ripe; green peas, abundant & cheap and bird's nests with young in thousands, all over ' the country." OHIO CANAL. We are happy to see the business of the Jeffersonville Ohio Canal progressing. Mr. James Flint, Engineer, lately from Europe, is now laying off the ground, under direction of the Directors, to be let out to those who may wish to contract:---The Directors will meet on the first Monday in March next, for that purpose. We hope to see a general attendance of the members. Indianian, Feb. 13.

To the Editors of the Cinckr ' Gazette. ' OHIO CANAL. I Gentlemen If you read th- ?i letter of Isaac Briggs, j you published lately, (f0r fi editors do not read what tfcJIl

pubiisnjcio re-print it, or re'ji commend it to the manager, , the canal around the falls, vise them to send for plat, written Isaac, and place una his direction the beginuicJ middle, and end of this mi&U I canaj of tu Q peracf .j SOU, WHO would, II niS tttW' urouglll mm aiong witn send for his school fellows jl the next vacation, and writ th;m make a holy-day frolic i-J scooping out this plaything while the fathers were enp ; ing healthy exercise in progrij sing the great canal of N' ' York. j Believe me, Messrs. Printer! you and your brethren of type will only expose your selves and US to ridicule puffin?; any longer about tL; canal. One of the Pittsburg, editors has lately termed 0 town ' the hrjt bed cf project. thus wickediy insinuating tfc..-" all our numberless societies ex ist only in puff. He also as. sens, that three citizens neve meet but one or other inim'A diately oilers a book and pes ' for subscription to some n " project." Funds for the school bov vcuki be found in their wesL ly allowance of oocket monev Persuade friend Isaac come and help us, but do nr.' ; puff any more tiii he comes. ' Fact. From the National Intelligence! THE DUEL. Reports being in circuhta calculated to induce a belief tk the gentlemen who were th friends of tren. A. T. M2.50"! in the fatal termination of hi ' quarrel with Mr. McCarty,D2 been instrumental in urgiri; the affair to Its unfortunate Lj sue it is thought proper ti publish a simple statement ci facts: premising, that not eve the nearest relatives of thc d ceased can more sincerely cret, than do those entlcme the determination of gen. M son to prosecute this busin: to its ultimate result. 1 . It is well known to a nun bcr of ren. Mason's frienci 1 that he had resolved on chalk: ging Mr. McCarty, in oppos $ rion to ail the advice whic j they gave, and all the effor: which they made to dissuai J him. ;, c. One of the two gentV; men who were the friends civ general mason in tne neia,n sometime before, made sh exertions to dissuade him hoc j the course he intended, aai. with similar bad success, 7. Before a personal inter vIpav hid taken nlare betW 1 yf gen. Mason and his seco his letter, containing positiv instructions for their covcty - ment in conducting the aut w closed a communication for ! McCarty. y. The letter to Mr. McCtf'-:-not having been read bytiVj jrcntleman, it is only thoug-. : nprirv tr rir enrK rxtfor,om h.L show de determination of gen. M3, was made independently ot consultation with his sccv, This letter is dated &J i mond, Jan. 9, 18m.".