Gazette Of The United States, & Philadelphia Daily Advertiser

FREDERICK-TOWN, (M.) July 5.

Extract of a letter from a gentleman at Philadelphia, dated June 27, 1797.

"No doubt remains of peace having taken place between France and Austria, and I hope a peace between France and England will immediately follow, for we shall never get right until the event happens.

"The British nation is in a situation that will produce important events if a speedy peace should not take place. The mutiny in their fleet must be very alarming, and I have no expectation that discipline will be restored during the war. Their finances are far from being in a good way; and I, for some time, have entertained no doubt of their enormous debt, sooner or later, bearing them down. The continuance of the war would certainly hasten that event. Instead all Europe must continue in an unsettled condition for some time after peace is agreed on, and we shall certainly derive advantageous from it, in point of wealth, if we manage our affairs with wisdom and prudence enough to induce foreigners to send their property here: however I am no advocate for foreigners being admitted to become citizens on the easy terms they have heretofore been indulged in. We have already experienced great inconveniences from suffering people of all nations becoming citizens before they have resided long enough in the country to give them a warm affection for its permanent interests."