Part 62

All which is respectfully submitted.

ALBERT GALLATIN.

Dividends on United States Bank Stock.

========================================== No. | Date. | Rate p. ct. -------+-----------------+---------------- 1 | July, 1792 | 4 2 | January, 1793 | 4 3 | July, " | 3-5/8 4 | January, 1794 | 3-7/8 5 | July, " | 4 6 | January, 1795 | 4 7 | July, " | 4 8 | January, 1796 | 4 9 | July, " | 4 10 | January, 1797 | 4 11 | July, " | 4 12 | January, 1798 | 5 13 | July, " | 4 14 | January, 1799 | 4 15 | July, " | 4 16 | January, 1800 | 4 17 | July, " | 4 18 | January, 1801 | 6 19 | July, " | 4 20 | January, 1802 | 4-1/2 21 | July, " | 4-1/2 22 | January, 1803 | 4-1/2 23 | July, " | 4 24 | January, 1804 | 4-1/2 25 | July, " | 4 26 | January, 1805 | 4 27 | July, " | 4 28 | January, 1806 | 4 29 | July, " | 4 30 | January, 1807 | 6 31 | July, " | 4 32 | January, 1808 | 4 33 | July, " | 4 34 | January, 1809 | 4 35 | July, " | 4 36 | January, 1810 | 4 ==========================================

Statement of the capital of the several branches, and of the Bank of the United States, and of the amount of discounts by the last received returns.

=================================================== Cities, &c. | Capital. | Amt. of notes | | discounted =================================================== Boston | $700,000 | $998,859 New York | 1,800,000 | 4,175,874 Baltimore | 600,000 | 1,349,550 Washington | 200,000 | 485,285 Norfolk | 600,000 | 880,170 Charleston | 600,000 | 1,409,916 Savannah | 500,000 | 1,054,113 New Orleans | 300,000 | 611,517 Philadelphia-- | | Balance due the | | bank, in account | | current, by the | | offices $750,000 | | Cap. res'd 3,950,000 | | --------- | 4,700,000 | |-------------| | $10,000,000 | Funded debt | -- | 1,411,620 | |------------- | | $16,949,497 ===================================================

Estimate of the expenses and losses of the Bank.

Six per cent, on $17,000,000, estimated as per above, as the amount usually loaned on interest, is, per annum, $1,020,000--to wit:

Dividend of 8 13-36 per cent. a year, on ten millions of $836,111 dollars actually paid to the stockholders, is, per annum

Undivided surplus on the 1st January, 1810, $409,410, 22,745 divided by 18 years, would be equal to an annual dividend of

Leaving for the estimated annual amount of expenses and 161,144 losses ----------- Total $1,020,000 ===========

TUESDAY, April 10.

The Mississippi River Pirate, Mason.

Mr. CLAY presented the petition of Elisha Winters, stating that, in the years 1801, 1802, and 1803, the wilderness from Natchez to Kentucky, and the river Mississippi, was infested by a notorious gang of highway robbers, headed by a certain Samuel Mason, and that the petitioner was the means by which the said Mason was killed, two of his accomplices apprehended and executed, and the remainder of the banditti dispersed, and praying he may be allowed the reward offered for the apprehension of the said Mason by the President of the United States, or by the then Governor of the Mississippi Territory; and the petition was read, and referred to a select committee, to consider and report thereon; and Messrs. CLAY, WHITESIDE, and CRAWFORD, were appointed the committee.

The Senate resumed, as in Committee of the Whole, the bill for the establishment of a Quartermaster's department; and it was agreed that the further consideration thereof be postponed until to-morrow.

TUESDAY, April 17.

The VICE PRESIDENT being absent, the Senate proceeded to the election of a President pro tem., as the constitution provides; and the Hon. JOHN GAILLARD was elected.

Ordered, That the Secretary wait on the President of the United States, and acquaint him that the Senate have, in the absence of the VICE PRESIDENT, elected the Hon. JOHN GAILLARD, President of the Senate pro tempore.

Ordered, That the Secretary make a like communication to the House of Representatives.

WEDNESDAY, April 18.

National Bank.

The Senate resumed, as in Committee of the Whole, the bill making provision for the establishment of a National Bank.

On motion, by Mr. HILLHOUSE, to strike out the first section of the bill, the Senate was equally divided--yeas 15, nays 15, as follows:

YEAS.--Messrs. Brent, Champlin, German, Gilman, Goodrich, Hillhouse, Horsey, Lloyd, Meigs, Pickering, Pope, Reed, Smith of New York, Tait, and Whiteside.

NAYS.--Messrs, Anderson, Bayard, Bradley, Clay, Condit, Crawford, Franklin, Gaillard, Giles, Gregg, Lambert, Leib, Smith of Maryland, Sumter, and Turner.

So the question was lost.

FRIDAY, April 20.

Territory of Orleans.