The Kentucky Gazette

AMERICAN
OCCURRENCES.

PROVIDENCE, May 23.

A correspondent remarks, that the late act of the general assembly ordering an impost similar to what may be enacted by the Federal Legislature) must be considered as a burlesque on Federalism, while the nefarious tender law remains in force, which establishes the depreciated paper trash as a payment in all cases and consequently must be a valid tender in discharge of any impost unless they mean to depart from their darling object, the emitting of that support which every moral sentiment has been sacrificed, and the sacred rights of justice mocked and insulted. It is obvious to a mind of the least discernment, that the act alluded to is not the least indication of a federal temper, but only done with a view to harass the merchants of this state, who have uniformly evinced themselves firm and fervent friends to the federal government, and who ardently wish for the full and complete adoption of it. The assembly by the late resolve, that the impost shall be paid in such monies as Congress shall direct, and yet continue their favorite tender law, which subjects the very persons who must pay the impost to the sad necessity of receiving all their debts in the nominal sum of paper currency, which is now depreciated to 18 for 1.

It is probable the new constitution would be less obnoxious to the majority of our rulers, if in the proposed amendments Congress should think proper to expunge their righteous clause, which forbids any state to emit Bills of credit, or make anything but gold and silver coin a tender in payment of debts; it is this paragraph which damns the constitution, and is the latest source of every other objection.