31The Bank Bill, [2 February] 1791 (Madison Papers)
The Senate bill to incorporate subscribers to the Bank of the United States was read in the House on 21 January. It came before the Committee of the Whole on 31 January, was read by paragraphs, and reported to the House without amendment. After a third reading, the House on 1 February proceeded to the question on the passage of the bill. Smith (South Carolina), protesting that the bill had...
32Notes on Banks, [ca. 1 February] 1791 (Madison Papers)
On Banks in general & particular ones other than that of England. The Banks of Amsterdam Venice & Hamburg, solely for the Convenience of Merchants—not so Genoa, Naples & Bologna, which having advanced money to the State have a perpetual fund of Interest, and are Banks of loan & deposit, being models of that of Engd. And. 3. p 141. In 1650 the favorers of the Commonwealth led by the convenience...
33Notes on the Bank of England, [ca. 1 February] 1791 (Madison Papers)
Bank of Engd. estabd. 1694. for abt. 11 years—to 1705. on the models of Genoa, Naples & Bologna. And. 3. 141 The 1,200,000 £ subscribed in 10 days—& ¼ pd. down p. 144 In 1697. Bank Notes depreciated 15 to 20 PerCt. The Bank obliged to pay 10 PerCt once a fortnight—& at length 3 PerCt. ev[er]y 3 months. p. 176,7. In 1697. the capital of the Bank increased to 6,360,450—& the term extended to...
34Memorandum for Thomas Jefferson, [ca. 31 January] 1791 (Madison Papers)
At war At Peace G. Britain from May 1689 to Sept. 1697 = 8y. 4.m. to May 1702 = 4y. 8.m. May 1702 to Aug. 1712 = 10. 3.
35To James Madison from James Madison, Sr., 31 January 1791 (Madison Papers)
Letter not found. 31 January 1791. Acknowledged in JM to James Madison, Sr., 13 Feb. 1791 . Reports recovery of JM’s mother.
36To James Madison from Charles Yancey, 27 January 1791 (Madison Papers)
You will please to excuse me for Troubling of you on a private Matter—the case is this. I am about to purchase a Tract of Valuable land And to Effect which Must part with a Quantity Of State Securities As also Those of the Domestick debt Or as we Call them final Settlements, And as our Assembly have taken some Steps that may recommend A reconsideration of the funding System of the State’s Debt...
37To James Madison from Tench Coxe, 25 January 1791 (Madison Papers)
In pursuance of the intention I had the honor to intimate to you last week I have commenced the collection of the documents necessary to make out the various statements. On Saturday evening I sketched out a plan for the Tonnage which will exhibit all the information, I think, that can be extracted from the returns of the collectors in their present form. It is as follows—A statement of Tonne....
38To James Madison from Joseph Howell, 24 January 1791 (Madison Papers)
The Certificate alluded to in the letters herewith returned is not to be found in this Office. It either never was lodged by Mr Dunscomb or in the late movement from New York has been misplaced. The Certificate, I conceive, cannot be of material use to Capt Spotswood in his application for Commutation for with or without it must prove fruitless on a[ccoun]t of his receiving a pension from the...
39From James Madison to James Madison, Sr., 23 January 1791 (Madison Papers)
Since my last to my brother A. I have recd. no letter from Orange, altho yours & his both, preceding left me particularly anxious to know the event of the Influ[e]nza attack on my Mothers health. The peace between G. B. & Spain has been fully authenticated. The English accts. give a sad picture of affairs in France, but there are more direct accts. which are more favorable. The H. of Reps. has...
40To James Madison from Edward Stevens, 21 January 1791 (Madison Papers)
I observe their was a Law Passed last Session of Congress respecting the Lands given to the Officers and Soldiers by the State of Virginia, find it’s tendency will deprive me of a Bounty in Lands given by a Resolution of the General Assembly. The resolution in my favour passed the same Session of Assembly, and before the Act of Cession made to Congress, this may be seen by the Journal of our...
41To James Madison from Edmund Pendleton, 15 January 1791 (Madison Papers)
Letter not found. 15 January 1791. Acknowledged in JM to Pendleton, 13 Feb. 1791 . The list probably kept by Peter Force (DLC: Madison Miscellany) notes that the letter consisted of three pages and calendars it as follows: “British debts. The Bank system. The Judiciary. Direct taxes. Impost. Disposal of the Public Lands. The public debt. The Militia bill. Meeting ⟨of?⟩ debtors to British...
42To James Madison from Tench Coxe, 14 January 1791 (Madison Papers)
I have the Honor to enclose you a paper No. 3 on which the estimate was founded relative to the proportions of foreign & American Articles exported from Pennsylvania. The Estimate has slipt out of the paper & cannot now be found but it resulted in 4,000000 Drs. of Amn. produce & manufactures & 1,500,000 of foreign. This is above common years owing to the great prices of wheat & flour in 1789,...
43To James Madison from Tench Coxe, 13 January 1791 (Madison Papers)
Mr. Coxe has the honor to request a few Minutes conversation with Mr. Madison this Evening at 7 or ½ after 7 OClock on the subject of the Enquiries he made at the Treasury. If agreeable he will call on Mr. M. at his lodgings for that purpose, unless he shall be informed by a Note directed to him at the Treasury, before three OClock that it will not be convenient then. In that Case he wishes...
44To James Madison from Thomas Jefferson, 12 January 1791 (Madison Papers)
It being impossible to entertain a doubt that the horse I bought of you was fairly sold, & fairly bought, that his disorder was of the instant, & might have happened years after as well as when it did, so as to exonerate you as is justly established, from all responsibility, I should as soon think of filching the sum from your pocket, as of permitting the loss to be yours. I therefore send you...
45From James Madison to Thomas Jefferson, [11 January] 1791 (Madison Papers)
T: J. to J. M. Dr. To advances for him on the road to Philada. £14..5..6 To Horse Credit By 50 dollars £18..15– Balance to T. J. £ 4..9..6. Pa. Curry. If the intended charge of £25. for the Horse is not cancelled by the presumptive evidence that he was not sound at the time of sending him, the balance will lie on the other side. The scruples of J. M. on this point are not affected,...
46Excise, [11 January] 1791 (Madison Papers)
The motion for striking out the twelfth section was defeated, 42 to 11. Jackson then moved to strike out the thirteenth section, providing for an excise on spirits distilled from materials grown or produced in the United States. Opponents of the excise argued that it was not necessary, that it would be particularly oppressive to southerners, and that other means of taxation were to be...
47To James Madison from Thomas Jefferson, 10 January 1791 (Madison Papers)
Will you be so good as to let me know how much I am in your debt for travelling expences & the horse. My monstrous bill of freight rendered the question useless till now. I send you a moment’s amusement at my expence in the Connecticut paper. I suppose it is from some schoolmaster who does not like that the mysteries of his art should become useless. RC ( DLC ). Addressed by Jefferson....
48From James Madison to Edward Carrington, ca. 10 January 1791 (Madison Papers)
Letter not found. 10 January 1791. Acknowledged in Carrington to JM, 2 Feb. 1791 . Encloses Attorney General Randolph’s report on the judiciary.
49To James Madison from Thomas Pleasants, Jr., 6 January 1791 (Madison Papers)
I again take the Liberty of adressing you at the instance of Mr Thomas Thompson, who is now in Madeira, purposes staying there untill next Spring, & anxiously wishes to make it the place of his future Residence. In a letter that I have just Recieved from him, dated the 3d of Novemr. Last; he thinks that the present American Consul, will shortly leave that Island—says it is a place of more...
50Report on John Churchman’s Petition, [6 January] 1791 (Madison Papers)
That the said memorialist has for his principal objects—First, to be enabled to perform, at the expense of the United States (estimated at about three thousand dollars) a voyage with two vessels, of about 130 tons each to Baffin’s bay, where he supposes he will be able to verify his theory concerning the magnetic variation laid before Congress, by exploring more precisely the principles and...
51Excise, [6 January] 1791 (Madison Papers)
The bill levying additional duties on imported spirits and an excise on domestic spirits was presented on 29 December and taken up on 5 January. After Jackson’s unsuccessful attempt to strike out the first section, the Committee of the Whole proceeded through the eleventh section. On 6 January the twelfth section, levying a duty on domestic rum distilled from foreign materials, came under...
52To James Madison from the Governor of Virginia, 3 January 1791 (Madison Papers)
I do myself the Honour to inclose you three Resolutions and a Memorial of the General Assembly on the subject of the Act of Congress making provision for the Debts of the United States together with a Resolution instructing you to use your utmost endeavours to procure the Admission of the Citizens of the United States to hear the Debates of the Senate. I am Most respectfully &c. FC ( Vi :...
53From James Madison to Ambrose Madison, 2 January 1791 (Madison Papers)
I recd. yesterday yours of the 19 & my father’s of the 20 Decr. I am glad to hear of your recovery, and particularly so of My Mothers whose attack was unknown to me till the receipt of my father’s letter. The inclosed papers will give you the late proceedings of Congs. more fully tho’ often very incorrectly, than could be done in a letter. The excise on spirits distilled in the Country will...
54From James Madison to Edmund Pendleton, 2 January 1791 (Madison Papers)
Previous to my leaving N. Y. I recd. a letter from you which was not then answered, because the subject of it required more consideration than could then be spared and because an answer was not prompted by any thing agitated or proposed on the subject, in Congress. I am afraid that notwithstanding the interval which has passed I am still not sufficiently prepared to do justice to your queries,...
55From James Madison to Edward Carrington, 2 January 1791 (Madison Papers)
Letter not found. 2 January 1791. Acknowledged in Carrington to JM, 2 Feb. 1791 . Discusses the excise and militia bills. Requests Carrington’s ideas on a national bank.
56To James Madison from Thomas Jefferson, [1 January] 1791 (Madison Papers)
I intended to have called last night & left with you the inclosed draught of a lre. to Otto but it was so cold I could not give up my hack. I recieved yours soon after I came home. Of the two constructions I observe you lean more to the 2d. and I more to the 1st. on account of the consequences to which the 2d may be pursued. My first idea was to write this lre. to Otto and previously...
57To James Madison from Francis Dade, [December?] 1790 (Madison Papers)
Memorandum. Colonel James Madison will be kind enuf to inquire of Colo Edward Carington if he has setled my Comutation with the Minister of War, & if he has not Colo. Madison will Oblige me Greatly in Assisting Colo. Carington to Settle it. The Reason I find so much dificulty in setling my Comutation is. At the Close of the Campaign 1781. It was thought by several Sergeons of the Armey that I...
58To James Madison from George Nicholas, 31 December 1790 (Madison Papers)
Your favor of the 13th. of July would have been acknowledged before this if I had known certainly how to direct to you during the recess of Congress. All the real friends of the Union and the General Government must have been very much hurt by the proceedings of your last session. The Assumption of the State debts was I think unjust and also exceeded your powers; but I do not dislike the...
59From James Madison to Thomas Jefferson, 31 December 1790 (Madison Papers)
Letter not found. 31 December 1790. Acknowledged in Jefferson to JM, 1 Jan. 1791 . Gives his views concerning the application of the treaty of amity and commerce between the United States and France to the latter’s protest of the United States tonnage acts.
60To James Madison from Joseph Howell, 28 December 1790 (Madison Papers)
On a reference to the Muster Rolls of the late Line of Virginia, I find Lieut: William OCallis became supernumerary on the first of October 1778. in consequence of which he was entitled under the Resolve of Congress of the 24 Novemr. following to one Years pay, but as Mr. OCallis did not present this Claim agreeably to the Resolve of the 2d November 1785 it must be considered as foreclosed...