Gazette Of The United States

Mr. Fenno,

THE objections to the law passed by the Legislature of New-Jersey for incorporating the society instituted for the promotion of Manufactures, contained in the above address, your readers may recollect to have seen in a performance signed Clitus, which was published in the Gazette of the United States about the time that the law was enacted.—That speculation was first printed in hand-bills, and circulated in that State previous to the passing of the law.—Let it be remembered that the establishment in New-Jersey is a State business—that it is not a national institution—and that the citizens of that State are alone accountable for any consequences which may result from it.

It is to be presumed that the Legislature of New-Jersey knew what they were about when they passed the act of incorporation. Their constituents appear to think that the interest of the State has been consulted—and while the essential and lasting advantage of the people can be more effectually promoted by encouraging monied men to combine their capitals, and come forward in undertakings, which, for want of funds, have never yet flourished in this country—the noisy declamations, and the charitable imputations of no disappointed partizan, will, I trust, have the least effect—unless, indeed, the declaimer happens not to be a citizen of New-Jersey.