The New Hampshire Gazette And General Advertiser

A correspondent (who flatters himself that he has studied the politics of America with no immature deliberation and with the most disinterested integrity) says, that if there were only one state in this country instead of thirteen, and if the sale of unappropriated land which we possess, could procure justice for the public creditors, he perhaps should be of opinion that the establishment of funds might be an unnecessary or dangerous expedient.

He conceives however, in the present situation of the States of America, that it would be prudent in them to comply with the requisition of Congress to be invested with power to levy a duty of five per cent. upon imported goods for the term of twenty five years (which the celebrated Benjamin Franklin, Esq; in his letter to the Superintendant of Finance calls "a most reasonable proposition,"), as the establishment of funds which it would be the interest of the several and respective states to support, might, as well as procuring a speedy satisfaction to public creditors, be a cement to bind the confederacy.

He is aware that funds may be perverted to bad purposes. He conceives, however, that we should not, according to the old adage, argue against the use of any thing from the abuse of it: and that if we establish funds, we may guard with all the jealousy that wisdom can admit against an improper application of the public money.

He conceives in short, that the consideration that common funds would have a tendency to preserve the union of the states of America, is a most forcible advocate for their establishment, as a disunion of the states would produce more fatal consequences than could ever accrue from the establishment of funds.

There is a fable in Aesop which our correspondent says, that he would recommend to the attention of every citizen of America.