The New Hampshire Gazette And General Advertiser

FROM NEW-YORK—July 14, 1790.

Monday last a committee of the Senate, appointed the 2d inst. brought in a report on the Assumption, which contains the following:

Resolved, 'That a loan be proposed, to the amount of twenty one million of dollars, and that subscriptions to the said loan be received at the same times and places, by the same persons, and upon the same terms as in respect to the loan which may be proposed concerning the domestic debt of the United States, subject to the exceptions and qualifications hereafter mentioned. And the sums which shall be subscribed to the said loan, shall be payable in the principal and interest of the certificates or notes, which, prior to the first day of January last, were issued by the respective States, as acknowledgments or evidences of debts by them respectively owing, and which shall appear by oath or affirmation, (as the case may be) to have been the property of an individual or individuals, or body politic, other than a State, on the said first day of January last. Provided, that no greater sum shall be received in the certificates of any State, than as follows—That is to say.

In those of N. Hampshire, 300,000
In those of Massachusetts, 4,000,000
In those of Rhode-Island and Prov. Plantations, 200,000
In those of Connecticut, 1,600,000
In those of New-York, 1,200,000
In those of New-Jersey, 800,000
In those of Pennsylvania, 2,200,000
In those of Delaware, 200,000
In those of Maryland, 800,000
In those of Virginia, 3,200,000
In those of North-Carolina, 2,000,000
In those of South-Carolina, 1,400,000
In those of Georgia, 300,000

21,000,000

Congress are now proceeding with much dispatch, in finishing a number of Bills which have been under consideration. The delay of these Bills has given them an opportunity of making several very important amendments, which the want of information at first precluded.

JULY 15, P. M.

Yesterday the Hon. Senate accepted the report, and passed the Resolutions for ASSUMING the part of the State Debts mentioned therein, by, I hear, a majority of two.

This day the Committee of the whole went through the Ways and Means bill and reported the same to the House, without amendment. Mr. Madison, in the House moved a limiting clause, which occasioned a debate until the time of adjournment.

The House has resolved to adjourn the 27th inst. And they certainly will, if not Assume.

A vessel arrived at Alexandria, brings accounts from London as late as May 17, nine days later than before received. These state, that a declaration of WAR had not been made but that impressing seamen—fitting out armaments, &c. go on as brisk as ever.

It is supposed in England, that the armaments equipping, are designed to attack Porto-Rico.

A Correspondent observes, That if any person twelve months ago had suggested the idea that the public business would be so absurdly conducted as we find it is, he would have been hissed from society, as reflecting on the wisdom and even integrity of Congress. But whether integrity is wanting, is too delicate to say: but that wisdom is not a leading trait of their character, is too evident to be doubted.

Another Correspondent is sorry to find that the proceedings of Congress have exposed them to that just censure which appears to prevail throughout every part of the United States. Every City, County, Town, Parish and Individual, (excepting the creatures who bask in the sunshine of favours) are complaining of their tardiness as to public business, and their horrid profuseness of their Constituents Money.

Who would have thought that our Government which was so highly applauded, would be so soon exposed to the laughable representation of a Caracature; an exhibition fraught with the most contemptible images, and conveying sentiments highly derogatory to our national honor and respectability.

"The 4th of March next will complete two Years since the present House met, for the purpose of making Provision for the Debts of the Union: and still we are to be distracted by Opposition and Divisions,"—[Mr. Stone's Speech in Congress.]