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11.41 there h 4 preasme in ih* money market <*l • Itw
Ailintic cltir. cannot be denied; but that thu pressure i» not produced liy th«* want ol specie or londt-d capital can not cither be ileninl. The U. S. b.nk contains a consi derable accumulation ol specie within it* vault*; and so w ith some other bank*, lint there is little demand for specie, although the ilemainl (or currenry ia gie.rtvr than the atipply- In New Yoik (the Journal ol Coniiiierce Inform* u-) Spanish pillared dollar* have heen exchanged indiller. nl b.nk* lor gold, without a premium; ami Ame rican gold i* even below par. tJ. o»l hill* oil England were *old at i'l. 5tic. the pound alerting—a lower rate lhan known rinre 181(1.— lb Twenty-third t'oiiKi^n.-M Monday, January U. IN SKNAIK Alexander Porter, Senator »lect lioin Louisiana, ap peared to-day and look hi* vc.it. The oath wav then administered to Mr. Porter. A message Iroin the I’ic-l.lent ol the United State* waa received, enclosing a roiniiinincatioii Imm the Anieriran Consul mi Tangier, stating that lie had accepted Irom the Emperor ol Rlorrrcco a present ol a Lion, Stc. which was referred to the Commilteu on Foreigu Kela<ion«. Mr. IV«baler, from the Committee on Finance, reported the bill Irom the House making appropriation* in part, lor the year, 1831, with sundry amendment*. On motion ol Mr. Webster, the Senate proceeded to consider the amendments. The amendment* were then agreed to, a* in Committee of the Whole, and were re ported aud concurred in, and the bill was ordered (o a thud reading. 1 lie Vice President laid l>e/ore the Senate^, communi cation from the Secretary ol State, inclosing the commis •ions of Mr. Duane and Mr. Taney, required by a call of the Senate; which were ordered to be laid ou (be table •ml printed. Mr. While presented Ihe following resolution, which was, by unanimous consent, considered and agreed to. Jinolvril, That the Secretary ol War be, uii.l lie is hereby required to transmit to the Senate, a copy of the evidence furnished by Monmjoy liaily, to prove (hat lie was entitled to Ilia commutation ol live years* full pay a* a C iptaiti in the Maryland line tit the war ol the Kavolu tion, aud that he never received the same from tho United States, agreeably to the proviso in the act of Congress of the 26th May, 1831), eutitlcd uu act lot the relief ol Mouut joy Haily. Air. McKean presented » memorial from Philadelphia praying that the public depnsite* may herealter be made in the U. S. liauk, al-o another memorial Irom a llank, to the aaine ellect, which were ordered to be printed. The V ice President presented a memorial on the sub ject ot the deposilea, which was referred to the Commit tee on Finance. Mr. King asked and obtained leave to introduce a bill granting a township ol land to each ol certain Slate* there in. named, for the purpose oflemale education, which wa* read a first and second time, and referred lo Ihe Commit tee on tho Public Land*. The resolutions ottered on Fiiday, were considered and agreed to. The bill nuking appropriation, in part, for the support of Government, tor the yvarlS.3-1, a* amended, was read a third time and nassed. a mini tune ami p*s*ed. Mr. Shepley offered the following resolution, which lies one day on the table: Resolved, That the Committee on MiliUry Affair* he instructed to inquire Into the expediency ot making an ap Cioprialinn tor tlie repair ol the military road constructed y the U. Slates in the Stale of Maine, leading Irom the liver of Malianuvcooc to Honiton. Mr. 1 ipton offered ilie following resolution, which lies one day on lire table; Resolved, I hat Ihe Commitiee of Commerce he instruct* ed to inquire inio the expediency ol making an appropria* 1 lion lor erecting alight-house at Michigan Cuy, on Lake Michigan, in the State ot Indiana, and of establishing a poit of dt livery at that place. It F. MOV A f, or THE DEPOSITED, he Vice President, having announced the special or dei, being the Report ol the Secretary of the Treasury on the subject ol ihe removal ol Ihe depositee— Mr. Hcnton resumed his remarks in support of lire measure: and iu reply to Mr. Clay, and continued Ids re marks until 3 o'clock, when, without coming to a conclu sion, he gave way to a motion to adjourn. Mr. Wilkins then moved that the Senate now adjourn_ ayes 23. 1 he Senate then adjourned. HOUSE OF REPRESENTATIVES. After reading the journal, the Speaker staled lo Ihe Hoiiiftj (h«i( (lie memorial of Noah Flelchery pierented by the gentleman lioui Massachusetts, [Mr. Davis,] was the unfinished business, and should now bo takrn up, uuless the gentleman from Massachusetts should waive for the present its consideration, until the States are called for petitions. Mr. Davis replied, that as gentlemen were probably impatient to present (tie memorials they had received Irom their consii'uents, he would so far give way as not to call np Ihe consideration ol the petition until the States should have been called. The Chair proceeded to call the States in order, for the presentation of petitions, Etc. A great number ot petitions and memorials were pre sented ibis day; amongst which, Mr. Heister presented I he memorial of a number of rhizens ol Pennsylvania, submitting to (he consideration »l Congress two projects, entitled in (heir estimation to he cousideie,. notional improvements, viz: (he construction of a steam boat navigation between the seaboard and (lie lakes, from the Chesapeake hay, up the SusqiieliMiuah river, and through (lie Seneca lake and Oswego river, to Cake Ontario, and a connexion between Michigan lake and the Illinois river. For the execution of which woiks the memorialists pray Congress to make 3n appropriation, or to have such surveys and estimates made of the same as will enable a definite action lo lie made thereon at Mieir next session. Its reference to the Committee on Roads •"dCanals was moved, and it was ordered to be printed. Mr. Heister also presented the memorial of the Presi dent and Directors of the Farmets’ Bank of Lancaster, praying the restoration of the public deposiies to the Bank of the United States, and that this institution may be re chartered. Its reference to the Committee of Ways and Means was moved, and it was ordered to be printed. Several oilier memorials were also presented to the same effect; amongst others, Mr. Seldeti presented the memorial of the Board ol I Trade ol Ihe city ol Netv York, setting forth the deranged state ol the currency, and railing upon Congress to ap ply the necessary remedy. [In presenting the petition Mr. tselden took occasion to say, that the memorial had met the publte eye through the newspapers, as he believed, with out the direction of the IjoauJ, and certainly without any disrespect lo this House. This Boaid consists of mer chants engaged in the sale and distribution of merchan dise in every section of this country, and are deeply in terested in, and intimately acquainted w ith, all our inter I»al exchange*.] mr. i.unify presented the following: To the llonoi able Senate, anti House of Representatives °f l,ie United States oj America in Congress nssem bled—The Memorial oj (he Directors oj the Phila delphia Board of Trade, Hr.srF.CTFUL.LY Shswkth: That, at a very full meeting of (he Board of Trade, con vened, by public notice, at the Merchants’ Coffee House on the first day of the present month, a resolution was adopted, witti only two dissenting voices,(a copy of which is herewith communicated,) in obedience to the injunc tions of which, the Directors approach the Representa tives of the People in both Houses of Congress assembled, respectfully to lay before them the earnest representations ot their lellow-citirens, and to ask that reiiof winch it is in the power of Congress to a'fiord, Vour Memorialists do not make this appeal to Congress without feeling entirely assured that (he Representatives’ of the I eople will recognize in it, the exercise of a mani fest right, the very element of out Republican Constitu tion, and the just practical application ot Vhe great p.In ciple asserted in the Declaration ot Independence, •• that men are endowed hy their Creator with certain unalienable rights; that among these are lite, liberty and the pursuit ol happiness; that, to s.-rure these rights Oovernmenla are instituted among men.” In the exercise ol this righ% your Memorialists proceed to remark, that within h lew week* pan, the community were in the eij. joyment of all the happiness, a healthful stale of business and a sound currency can bestow. Industry of every kind was an full activity, and fairly rewarded, and tlie whole country exhibited a condition of more than ordina ry prosperity, continually advancing and promising to per petuate itself by the inducement it offered to wholesome enterprise, Such, your memorialists are obliged to sav. is no longer the case. The reverse of whaf has been slated, hire wP y '* ’r"h- W,,ere' ‘»>ree *bo« months ago, w..acTivi.vro;1,:::"yi* ",er* *• »»•£• . , #• i y' IP,rc '* ••■^nation; wltere there was cheer I..I confidence, .her. i, suffering and alarm; ,„j the whole aspect of business is so completely changed, that gloom 1 has settled upon pl.ee. which were rejoicing in the?.," case of regular and honest aiertiona. I The cause of this distress „ p;i,p„,, M ,he fap| ,, certain. It has not been brought upon „s bv anv visits .ton of Providence, to which it wo„K b. m.r \n\y toZr JIM! without murmuring; nor is it the result 0f the <le liberations of our Represenfative«, whose pollrv when directed to the interests and honor of our country u would bo our pleasure, (as it has been, st whatever cost . our duty to maintain. The seasons h ive come in reeu. tar «u'ccs-i m, loaded hy the bounty of Heaven with tb« fruits of the earth. Pestilence has not invaded our land nor has it been visited by neural evils of any description neither lias there been a transition from war to peace or from peace to war. In respects, excepting one, he way of prosperity and happiness .pgr, a. i, wns he. In7t» Whv?Tn h "" ,r* walking in ft? Wf,y has if been thus suddenly hioVe« «f. ' t. i. ii *• haar (he accents 0f lamer.lafion and distress, while ev?n "!ron*<*V "r* *° 'h0rn 0i their that they can afford no help to their weaker neighbors; that Bank.^an •vr? (or *ccorr,mod-'!»^; '/»■« rorporations cannot l«tro« Proseeullon of the most valuable improve. miwid L'e reduce,I and work,pm, ,11,. ^ , of the ry W “i.nd "nPrf,v‘'»*d, at this inclement ,ea grea"dearessIon ,h,< "• ••• *> and great depression of every description of stocks- that w» he.ii °f so roany and heavy failures; that eren the .Stocks ot our great CMun<OOwr<li|i li*v« tuArirJ Midi a •riloii* decline? Your memmiali-t* lovr no limitation in adding their tea tiiiiony to (lie luiw, alira-ly mote than stiUlcient, which luibteii ullrrol lo Outgtes . The evils we now expelt etice, and tin* Kirairi oura mu kn« to dread, are owing to a single fatin'—derangement ol tin* currency ; |t*ell brookIiI mi by the rcmov.il ol die deposit** ol the Uvrlli* m«-iil ol die United Slate* fioiu die Hank ot tho U. State*. Iti* no part ol the duty ol your memoi isluts, and it i* very far hoin their ini'linalloi., o tnquiie ho*, and by wnoin, or l r * liat reaaona, this removal n aa made; dny enlrr no< in o ll e political view ot tl e uuestteli. What they alt*lin l*. that the removal ol the depoai *• l* the cause nt their pres* ut sutlerii g-; ai.il, m pu>ol ol dun, they ner, dial. cm.v.,1 mi h the anu’jurianon o wiiidiuw the in, »« the first impression upon credit. Colvinpora neons hi h it* piugre** in exeitilh n. a* d m piopoit on to tta advauci », lias been it* iie»tro> ing inlluei »•»; the shock* becoming heeviet and heavier, uiril now wvie in the extreiuliy ol diatie*i>. witli no prospect ol rebel but Iroiu the Immediate im*ipo-i ion ol 'ho power ol .lie people, by their i, p eaei.lalive* ill CougieM*. To the eau*e tnu* rtateil, mid o that alone, your iiiviiio* riali*t* are lirmly cominceil, i* lo bo traced all that they roller, ami all that they have liidieail. Ami cutely liuuiic can d.mlil dial till* cause i- lully adequate. It ha*, un happily, been made inanileal, hy the lesson* of painlul ex peltetice, that (lie beneficial strength which has been taken li'oin the Hank ol the United Staten, ha* not heeii im ported lo die State Bank; on the contrary, they bate been weakened and engundeied by the process, and compelled, by a regard lor their own sccotity, to aludain Irom at tempting to give aid to any thing like the extent retpnreil. S our memorialistsare hot unaware, that some have Mig. gevtedlli.it the II mk ol the United State* ha* been iiistru* ineidal lit prudueing tin* di-ires.; and even <i**crierl dial it bar done *o lor the put pose ol compelling a realoration ol die deposit*:*. A* citizen* of Philadelphia, die neighbor* ol die iexpectable men selected by die stock-holders lo manage dieir concerns— a* citizen* ol Pennsylvania, where the parent Hank is located—as merchants ami tra der*, whose daily concern* malt* diem acquainted with (he conduct ol the Hank, your mciniiiialists would leel them selves called on, in common justice, to say, that they be lieve such suggestions ami insinuations are without any (oimdaiiou whatever. Your memoiialisls are the more emboldened to make this statement, because they are sup ported in it hy die decisive evidence of the loemoiials from die Stale Banks, already gone forward to Congress. Your memorialists ate persuaded, that as the cause ol the existing evils is thus plainly direct iiible, so is the te mady for them easy to he applied. The past isb-yond rebel. I bos*: who have aleady perished in the disastrous storm arc out ot the reach ol help; but lor die luture, the wisdom ol the people, embodied tu tongiess, may be ap plied with v licit. I'he removal ol die lirptMilr* liea been die cause—their realmatmn rvi I be the remedy. Your memoi tali*!*, then/ore, respect lully, bill earnestly, ask that die Kepresentadves of the People iu Congress will ado| l such measures as may immediately cause the restore tiouol the deposit*-* to die Bank ol the United Slates. Philadelphia, January 3, 1S34. Tit6.viAS P. COPE, President. ^fkORoiu n . i OLANU, Secretary. lu presenting this memorial, Mr. ISinuey remarked that ilia hoard ot I raite ol Philadelphia, wn an association wtiicli hail bran instituted within the pa-t yeai; it con aiatail ol gentlemen engaged hoth in foreign and domestic commerce, and it probably embodied a greater mass ot trading knowledge and experience than aa* to be found elsewhere in the Stale. The Hoard had in this memorial gone at length into an examination ol the causes ol the existing (listless in the coinnieicial community, and had ®uKB,'®,‘:d what they conceived to be the only adequate remedy. 1 he memorial was rejil, ordered to he prin'ed, and te lerred lo the Cuiniuilfcn ot Wiyi mid Mt-aim. On motion ol Mr. Lytle, it was Jiesolvcrf, That the Committee on Post Office* and Post Hoads he instructed lo inquire into the expediency ol au thorizing the Postmaster General to contract lor the lians portaUuu ot tile mail hy steamboat navigation Iroiu Louis ville to New Orleans. ALABAMA AMI THE EXECUTIVE OF THE U. STATES. Mr. Lew is of Alabama, asked leave ut the House lo ol* I fer a rcsolu ion. lo this leave unanimous consent being necessary, nud it being objected to, Mr Lewis moved to suspend the rule which requires the unanimous consent ol the House ; stating that the ob ject ol the resolution was to |nweut collision and conflict between tiie Government ot the United States and the Stale of Alabama on the subject ot certain Indian treaties. The rule was thereupon suspended—yeas 116, nays 10. Mr. Lew in (lien o/Ioiud the following: llesolcetl, lh.it the Committee on Indian Affairs be in structed to inquire whether the provisions of the treaty ol March, 18.12, with the Creek tribe ol Indians in the State ot Alabama, be inconsistent with the sovereign right ofju risdictinn ot said State within its limits; and whether the execution of said treaty basso lar coutfieted, oris likely lo conilicl, with the operations of'he laws of said State over tiie country-ceded liy such treaty; and if so, to inquiie whether some act ot legislation, consistent with the light ol said Indians, may not be necessary to prevent such con* diet, and tif.1t said committee have leave to report by bill I or otherwise. 1 J Having presented his resolution, Mr. Lewis went at large into an exposition ot the reasons by which be con ceived it to be supported, a report ot which is rendered impracticable at ibis moment, by tiie regulation ol the mails, ami the necessity ol closing our paper in lime to meet 'them Aiiur sidling Hie nature ol the dispute between the State and the Government, he said, that when lie Jell home all whs quiet, ami univer:!.il congratulation* were ex changed on the prospect that the order* ol ihe President, to proceed to a forcible removal of the settlers on Indian lands would be deterred; but since his arrival, he had re c»*i\cd sidling that a lar^e mi itary torce hail been concentiated at 1-oit Mitchell, and orders were out lor them to act on the 15th of January inst. Under these circumstances, he had written to the Secretary ol War, IJiquiiing into Ihe truth, and had heen told, in answer, that (he lime could not he extended, and the order had not been revoked Under theve circumstances, he could no longer abstain tr.,:?. invoking the interposition of Con gress to devise soino measure which should prevent the necessity ol a resort to force, ..-.J obviate the otherwise im pending collision ol the two Wove.-. inenis In the course ol his remaiks, Mr. L. was very severe on he Executive, whom he charged u iih i.;». nsistcucy in his conduct towards Georgia and Alabama, n. . ases previse ly similar to each oilier; and ol remissness in hi? i ^mc T ,,avmK »PI>rised Cong re. a in his message oi the ditficuly. Mr. Stewart, not conceiving that there was any present necessity ol going Into the discussion ol the subject moved to lay Ihe resolution on ihe table, but nithdiew’ Ills motion at the r< quest of Mr. Lewis, who urged the necessity of speedy action by (lie lloiiHe. J Mr. Jones, of Georgia, then look the floor in support ol the resolution, in a speech, the report ot which must also be deferred lor the present, [lu the course ol his remarks. ii J "* 0 Jacf* »l"iost his personal know ledge, that when Owens was killed a* an intruder on In dlan lands the land lie occupied was not desired by the In •Jians, but by anober whi e aettler, who obtained pos.es sion of it within forty-eight hours alter Owen’* death 1 Mr. McKinley obtained the fW, and after expressing Ins surprise that Congress should, on Ihe thli 0I January be called to provide lor an eineigeucy which was to h»n pen m Alabama on the ISth, moved an adjournment. ■''it ihe Mouse lelused to adjourn. Mr. McKinley then moved to lay the resolution on the tauie until to*morrow. ycV”,,!m'*,‘°* Mr- Davii ol Sauth Carolina, asked the Mr. Grenm II called for a second reading of the resolu tion, and it was read at ihe Clerk’s table. Mr, McKinley now withdrew the motion to lay on the 'table, and moved that the consideration ol the resolution be postponed until to*morrow. Mr. Foster inquired whether, if this motion prevailed, this resolution would have precedence ol the Dank ques 1 he Chair replied in the negmive, unless the House I nisb Ur! r. 0,ht'rWi7 V‘° Hj,,k *»«“«• was the „ tinHinrd biHiiM'f*9, in it# rbn. Mr. M * rd m - lie 11 m n tied Ihe yeas an I nays „„ postpone meut. 1 hey were ordered by ihe House, and being ta ken, stood as Idllows: Vea* 110, nays J.(»7. * So the resolution was postponed until to morrow. rnicsKNTs nio.M Four.my powers. Hie Cl.-ir presented to the House the follow ing „,e sego Irom the I resident of the United Shoes, recei ved l tlio h<in<l*ot M.tjor OoneUun : T.. //„„„R'pr'Zzszr0"- J,° • I coinmiimcate to Congress an extract of a letter recen ly received tom James K. Kerb, Consul of the U. Stair at I angler, by w Ills'll it »pp, »,n that that officer has bee induced to receive Iron, I he Emperor ol Morocco s p.. n11 i‘Ir,’i I"* holds as beloin ingto the Uidieil Stales. I here being no funds at th I v l ni| e|E*?CU, V,e^ *('l'hr*ble to (he objects state on ol ’ 7' ",elW,’W,e "'•»**<■« «' «he consider. I n <»' Cong, ess, for s„rh dirertion as in their wisdo, may seem proper. I have directed instructions* he «Te » all our ministers and agents sluoad, requiring that , i! !"' y authorised by Congress, the «.ll not, under any f re.instances, accept presents of an (1* *ciip'ioii trofunny /oici^n Sblc« I tlcein it proper, on ibis occasion, to invite the ait... .<m o Congress to tin- presents wide, iilve Stolon made m our public officers, and which have be., the Governmen, ail 7'* *r,,f le," V* •"°*el,Mr useless 1, if Ihe DrpH.tmen* of ll. . * »''e preservation ol .her, inconvenience. S ' e *'c with considerabl, 'jixss?ihi 'JssTy *?•, *"> °f l>re**n( Irom any foreign lWcr *'*'"* ,w afr"P* "»J having been satisfied by the so, r '■ ,"•*y h* considered si -.f.;es.r(Ih'^;rrb:hr,xj"‘f,r“c:h' gross to those for w i»>.> rl... ___ . 1 " 1 l,Y gross to those for whom they were orlgln*Tfv lnie,MuIt° Jo their heirs with obvious propriety in Irotl^cSU.-Vmi InR latter waiiIiI I>u moei■>,..i _ ,. < ■ .It. the Department of State dull be delivered to the per* ► in a Imui ttiey were or finally pi cse tiled, it living, •ml to llir lu lls ul mi ll Ms ma) liave died. ANDKKW JACKSON. I lie message was referred to tire Coinu.i.lee on Foieign K< lalion*; and The House then adjourned. (fr'ioiu our t'orie*|Hiiulent.] Washington, 2d Jan., 1834. Dram Sir :—I wrote you the oilier day on the subject ol our claim* on friance. 1 lie circumaianre necessarily e xrites considerable interest. I can assure you, there is not the 'liulnest doulit ol the authenticity ol the inlurina 111111, which I communicated to you. I have seen the Baltimore (iazetlr, which quotes luy letter. My couipli* luei.ts to Dr. Cfivyuii; let me present them through the medium ol the Republican, and let me al*o say, that in a inuiith Irotti this time lie will be lully sensiblo id the ac curacy ol my statement. | certainly do not wish my name to lie published in a newspaper, hut il he should thick ho had a light to a*k it, you art entirely at liberty to give it—not, n.y dear sir, a* )oor correspondent, but us the pen-Oli who has staled o you, what has taken place in Palis in relation to our cluiuis on France. 1 can tell you, also, that ihcie has been some talk here in our good city ol W ishiugion, about the matter. Pet - haps tii-inonow I may hate occasion tosay even more. 1 mention now, that Mr. Livingston's letters, or, 1 should ra'hcr say despatches, waiiaul every word that I hive said. 1 have never thought a straw ol Louis Phillippe or ol his government. You may tely on it, that tin y ate playing last mid loose with us: but (aeneral Jackson is not one to tie duped or deceived.—1The Orleans branch of the Mmtrhon faintly, has always run with the hare and lollow ed the hounds. Mr. Folk Im* finished his <peerli today in vindication of Iho course puisued by the Piesident, in the removal oltlie public deposilea. I had a bitef conversation thi* evening, w ith a South Carolina member of Congress, on the subject ol it. Ho mtniioned to me, I fully concurred, ami do concur in his opinion, that Folk excelled himself. His speech was really exquisite. I am salislied on the sub ject; and you know that I have heard debates enough upon it. 1 repeat a prediction, that I have formerly hazarded : the report made, will go to the Committee of Ways ami Means. 1 will wiitc you a long letter, for Monday's paper, il you shall think my trash worth putting iulolypw. 1 want to talk to you ot Polk.ol Speight, and our present Speaker, and ol their prospects hetore us. i wish also to speak ol the Presideut, of whom, by the bye, 1 have a pleasing anec dote to relate in connection with yesterday. Perhaps the Cazette will not be dubious ol ita authenticity.—Haiti mure Itejiublican. fl'Vom the Now York St.iml.ird.) The Hoard of I rade lias ..t length concluded it* labor*, and we publish below tl.c Memorial ilia is uudeis ood lo have b< en adopted. Il does no: contain any request lor the restoration ol the de|>osites, which was supposed to have been the sole object lor which the memorial wms de enable. The opinion that the removal ot the deposits wes the principal cause of the present scarcity. Is one'we need baldly say, that wo do not concur in; and lest it should go forth as that ol the Merchants of New Yotk, it i< proper lo state, that the mee.ing which expressed it consisted ol but 49 persons, a very large minoiity ol whom —21 to 28— dissented lioiu il. It should be stated also that the liiendsot the administration voted ngainst it, nnd the liiendsot the bank lor it; and it should be known that a number ol new member* were elected alter the subject was first taken up, who voted, it is believed without exception, with the majority. The Hoard is com posed of job'ing met chant*; our importers are not repre sented there, and the great mass of them are opposed to a restoration of the depoeiles. Ilia well to note that hy a vote ol 24 to 21, a clause was stricken out of the draft of Iho memorial, stating as one principal cause of the pres sure, the curtailment of discounts by the U. States Hank. The lact that it is so, is so peifectly notorious, that the vote seems to give a decided partisan character to the proceedings of the majority. It is creditable to the good sense ol the hoard, that by a vote of 24 to 21, they struck out .mother clause, declaring that the restoration of the de posits would afford immediate relief, as that measure won Id on the contrary, only renew and prolong the scenes through which we have been passing, and have now near ly escaped. For the rest, it appears to be n clumsily written production, with a good deal of “point—no point” about it, that can do neither harm nor good. IiKAK and Dumb.— U'e are glad to learn that the attention of the Legislature has been called >o the neg lected situation of the Deal and Dumb of Virgin a. An act of incorporation was obtained lor a Deaf and Dumb Asylum by a number ol tite wealthy and benevolent citi zens of Staunton and its vicinity, duting the last session, and a considerable rum ol money raised by individual subscription. We hope the legislature will take this into consideration, and that it may induce them to present ac tion. Here is a good beginning mails - a lun t of sevetal thousand dollars raised— which affords a f*ne stock on which to engraft their own iminiticei.ee. If they deter mine that any thing ought ever to be done on the sub ject, tills is certainly a most auspicious circumstance.— Staunton Spectator. MONSIEUR TONSON.-Thia noted Stallion wil stand the ensuing season, at mv son's, (George W Johnson’*,) in the county of CbesferfielJ, about 20 miles from Richmond and Petersburg and 1 fie Celebrated Race Horse Andrew, will stand at my soil s, (Edward Johnson’s,) in tlm county of DitMviddie. about 80 miles south of Petersburg, oil the Main Stage Road. Particulars as lo both, hereafter. January 9. [75—«J W. R. JOHNSON.' NOTICE.—The subscriber would sell a first-rate Jack, now rising live years old, and he can with safety say not inferior to any one in lower Virginia. Unquestiona ble certificates can he produced as regards his success ns a sure Inal-getter, ami qualities generally. Any gentle man wishing to purchase, or confer with me on the sub ject, will direct Newfound Mills, Hanover county, Va., and it will be attended to. P. H. PRICE January 9. 75—w4w lsiakclord. THE subscriber* wish to farm out, foribc next reason, Oiis superior, thorough-bred stallion.- For the pedi •trees ol Silver Heels and Selina, bis sire and dam see Tuif Register, vol. 3d, pages 253 and 4S5. We liaxarrH nothing in saying, Hlakefoid is as high a bred horse as any in America. Hit pedigree is authentic. For a minute description ol this horse, we beg leave to refer gentlemen who in..y wish to farm him, to the Enquirer ami Whig published in Hec., 1832, and January 1833.—We also re spectfully invite g-utlemen to call on Mr. Campbell where the horse may '.c seen. Letters (post paid) di rected to the first subsciitje., Glarksfon P. O., King & Queen co., Va., will be promptly i. tended to. Should lie not be larmod out by the 10tl» Februa.y next, he will have three stands, to wit: at the stable ot the C-«t sub scriber; at Stevensville in this county; and at the C: 1 Church in Hanover. HUGH CAMPHEU, ... f _ , WM. P. COURTNEY. King & Queen cty., J,m. 9. 75 _ ff4w Anvil E — 7o the very few real and genuine surviv mg officers ami soldiers of the Revolution, and the legal heirs and descendants of tho deceased, and al-o the honest representatives, agents, and assignees, who hold unsatisfied military land-bounty warrants, the subscriber earnestly recommends a suspension of a dis posal of them for a while. Ho has presented a me morul to the present sea-ion of Congress, praying a fur ther appropriation ok noon lands or scrip lore deem the whole ol these warrants. From the liberality and justice already shewn by that honorable body, he has no doubt equal and impartial justice will be extended to all, by a further general appropiiaiion on that head. That done, these warrants, to the holders, ought to he worth a dollar ami fifteen or twenty cents per acre. Sacrifices al ready sufficient, by the original suffering owners, ami for tune* lull abundant by speculators, have been made. Tho subscriber, for himself, can aver, that he never purchased one of those warrants, or speculated in any manner or form in one rent of revolutionary claims in his whole liTe He has received hut two tolerab y decent rewards, ami one other ol a pitiful and shabby amount, for all that lie has done lor hundreds 0.1 that score; and has no expectation or hopes, but from about three others, ami one of them with J,,, additional difficulty and trouble. Actuated by the sheer wish to do good to all bis meritorious andent broil,er ..if ferers. he baa literally “marked for nothing and found /nmsr//; while lie has been most plentifully rewarded with an abundant stock ol ingratitudk by some who have possessed themselves of the procurement, of Ins la bors by surreptitious mean.,* without the least cement ol consanguinity with any revolutionary hero, or one spark ol their nobleness, or s p 1 r 1 r to do common justice or com mit an open and bold act ol robbery ! lET All Effilors leeling themselves benefitted by revo lutionary sufferings themselves, will cooler a favor by my ing the above I wo or three insertions. 7 ” F n**«/NICHOLAS, late Revolutionary Officer. •This will ho felly explained when it is not improper to do Oil- h-War committed to the J*|| |or ,|le , orp()|(|. , "[ ,he «»>• <l-*y of A.<g..M I„«|, « rohuai, bright, mulatto woman, who ray* her name I, Char lotte, aged ftnu, 28 to 30 year*, in height about 5 feet | „r 8 iurhes—hair qni e black—hair on llie templet artow i.,K lower dot* II I lie aide of the (are Ilian usual; rear on the lower |»aitot the left ride of the fare: rta-er » mi waaeollby lamer " llhl'ia, of Fredericksburg, Va..’ Htx.iit H month* ago, to two men, Messrs. Pone and Fur* gii.on, of !<. t’ and that rhe ran away trom them ahorily afterward*, whilst pa**ing llnoogli the eoimty of Chester field; and »*y* like*!**, |ha: when rhe went ofT, rli > had w till her a r hi hi a lew week* old, which child rhe led j„ Ihe neighhoihood of thi* place, where it now in. The owner or owner*, are desired to come and take her awav otherwise the will he dealt with aa the law direrf* Jan. 0. [75— 3m] THOM AS BfMNCH, Serg’t. fBHII'. illrtrihiilee* ot the military clalitii ot Walter ncolt. dee’d., are hrrohy notified that the raid claim* • re now ready lor distribution, and that it i* desirable that •ome one or other ol raid distributee* should coin* lorward "n", administer on the estate of the raid Walter Scott, dee d., preparatory to a distribution of Ihe claims aforesaid as the undersigned doea no! intend to administer on said A. B. Administratrix of dto. H Moody, dte'd. 75— l*8w Jan. 9. lliclunoiid, V:i. Thursday, Jan. O. Till: HANK OF Till: l’. STATUS. The Humor which‘lias been recently raised in aiil of the Hunk will soon he arrested. The «lny ol* re action n|»|>curt*io he coming. Tho iigUmuiv will be thrown out, mid the llunk will bo iniiuoluieri on tho nltur of the Constitution. The muxt violent etlorts have been made to cur ry oil' the pcoplu of Virginia—hut in vain. They bore tho brunt of the Revolutionary wur without flinching—in the defence of their Liberties. They stood up under n three years’ war for 11 free trade and suitors’ rights." They contributed mnufnlly to put down a National Hunk oI'ten millions—Will they flinch at this time? Will tlioy cower under the pre sent pressure—and submit to the despotism of a moneyed Aristocracy of thirty-five millions! We Iiiivo no apprehensions of tho result. The yeomanry ofthe State will stand fust in the defence of the Constitution. Tho two following articles from distant portions of the State are an index ofthe sound principles of the people. When men think so justly, who can despair of the Republic? As one of these Correspondents remarks—It is a question between the Constitution and n Charter—between the Hunk and the People—between President Hid dlc and,President Jackson—and it is too much a question, between the Cities and tho country. Hut wc fear not the result. FOR THF. RJrqUIRKR. “ Out of hit own month he stands condemned." THE DANK. " Vou say to this corporation, we cannot authorise you " to discount, to emit paper, to regulate commerce—No! “ our book has no precedents of that kind. l)ut then we "can authorise you to collect the Revenue, and whilst "occupied with that, you may do whatever else you “ please.” " What is a corporation, such as this bill eon “ templates ? It is a splendid association ol lavoured in “ dividual*, taken from the mass of society, and invested •• with exemp ions, and surrounded by immunities and pri •* vileges.” " If, then, as is contended, you could establish a Bank, “ to collect and distribute the revenue, it ought to be ex “ pressly restricted, to the purpose of such collection and "distribution. It is mockery, worse than usurpation, to “ establish it for a lawful object, and then to extend it to " other objects, which are not lawful.” "Way not the time arrive, when the concent ration of " such a vast portion of the circulating medium ol the coun “ fry in the hands of any corporation, will he dangerous to " our liberties? By whom is this immense power wielded ? " By a body who, in derogation ofthe great principle of all “ our institutions, responsibility to the people, is amenable “ only to a few stockholders, and tliev cliiwtly foreigners. " Suppose an attempt to subvert this (Government—would " not the traitor lirsi aim by force or corruption, to acquire “ the treasure ol this company?" " The power to charter companies is not specified in the " grant, and, I contend, is of a nature not transferable, by “ mere implication. It is one ol the most exalted acts ol " sovereignty. In the exercise ol this gigantic power, we " have seen an East India Company created, which has •• carried dismay, desolation and death, throughout one ol " the largest portions of the habitable world—a company “ which is, in itself, a sovereignty; which lias subverted “ empires, and set up new dynasties—and has not only mads war, but war against its legitimate sovereign.”— " Is it to be imagined, that a power so vast would have " been left by the Constitution to doubtful inference ?"_ Extracts Jrom Henry Clay's Speech in 1811, against re-chartering the U. S. Bank. See the" Biograuha of Henry Clay,” pages 65 to 60. Messrs. tdi ors: Look at this Anti-Bank speech of Mr. Clay—Show it (o your readers—let them behold the in consistencies of tlie prophet, behold the predictions, and beware ot their fulfilment. The prophet himself, is, by some art of hocus /incus, absolved from his constitutional obligations, and is doing all lie can, to realize the very evils, the anticipation of which shuck him with so much horror in 1S11. It is time for the people to take alarm. Those who arc most clamorous about Liberty, State Rights, and national usurpation, are pursuing a course, which is at war with their theories, and at war with the will and wishes of the gieat body of their constituents. They are groaning un der theoretical oppressions, whilst a monied mammoth, no way amenable to the people, is, if reports be true, practising a real despotism, more galling and oppressive, than would be the exercise of any power, within the reach of any depaitment ol the General Government. Merely to Ihwait the views ol an administration, chosen and ap proved hy the people, which, he its errois what they may, can only last three years longer, many of onr representa tives are betraying their constituents, and are ahont to surrender at discretion, to a monied corporation, wielded hy 10 or 12 men, the supple instruments of one man, who lectures upon politics, claims the right to expend thou sands, a pait of it our own money, ioo, in distributing po litical tracts and pamphlets to influence our elections; — thus corrupting the very fountains ol our liberties; who hire* the public press into Ins service, lavishes his benefi cence upon many of our public servants, until their oppo sition is paralyzed, or their support secured: who arro gantly tells us, that our fortunes are dependent upon the perpetuity of the corrupt and corrupting engine which he wields. And what he has not already el fecled by threats and favors, he is now endeavoring to do, hy giving tis a practical demonstration, el the tor turing power of this mighty engine. Are we to be betrayed ? Do our public servants intend to sell ns to ibis Hank monarch ? Are the American people ready to swallow golden hooks, and be fastened with iron chains to such an institution ? Are we to exhibit the humiliating, the lidiculous spectacle, of a people boasting of their rights, ready to fly to arms rather than sanction even an abstraction, which can be made to smell ol tyranny, and yet willing to bow down and acknowledge, (bat we are dependent upon, and at thw mercy and command ol a mo nied corporation, which g mods its right to exist and to rule, upon its power to oppress and to mill u*. Messrs. Editors, this is not the temper of the American people; anu if they be truly represented, the Hank and its mana gers wili he taught, that all their machinations, their threats, their i»7‘>urs, and their attempts at oppression, will only serve more .er'amly to ensure their defeat._ Hut, unfortunately, our legislative halls are the last places to look to, for the real character, seni;::i«nts and opinions ol the people. We have beeMMii lire habit \.[ calling our representatives our “public servants.” It will so,.:i he mockery to call them so. They are our public teachers; and unless the pruning knile he resorted to, or the rod ol concetton freely applied, they will ere long heroine our masters. Instead ol going to onr State ami National Le gislatures, to represent the will and wishes of their con stituents, they go there to devise party schemes, ami to make speeches, to drill the people into them. The healthy order of things is subverted ; the representative seeks to influence his constituents. I could point to counties and districts to prove these assertions, but it is needless. You know, Messrs. Editors, that cflorts are constantly made in Richmond and in Washington, to drill the people into the likes and dislikes of their representatives. It is an un sound state of things, and will do mischief, if not speedily corrected Indeed, there is danger now. It is time to take alarm : to begin to compare acts and practices with theories and promises. When We see men doing things by indirection, tho obvious tendency of which, is to sub vert the very principles which they are constantly sound mg in u.ir ears; wuen we sea I hone who have again anil »K;'in declared the Haul; to he unconstitutional, corrupt, dangerous to liberty, am! that it ought to he put down ; am! when w» look to their vote*, and lh<ir associations, ami see that they have taken tire at a single measure ol the ailrniniafration, the removal of the depositee, and are ready to make that the pretext for betraying their trust, it is time for the people to take the play oulol their hands. II those professed anti*Hank men, who are joining the Hank men in this clamour about the removal ol the depo •ites, were really what they profess to he, would they he so ready to assail the man. who, of all others, has been immt consistent, 6rm, and ellirient in the effort to put down that institution? No: there is reason to suspect, that their cries about Executive tyranny and despotism, are in tended to cover an inglorious desertion of their principles, ami a violation of their pledges. Hut it will not do.— The people will see iluough the flimsy veil. Whate ver many of them may think ol the expediency and proptiely of this measure of the administration, these elamours will never drive them Irani President Jack son to President Middle. They can never he maito to believe, that their right* and their liberties would he Ii.oie endangered, by giting to die Executive the selec tion of the places, in which the depositee shall he made, Ilian there would he, in giving them up to President Hid 'll*, *° be added to the millions which lie already wields, in paying his way into power. General Jackson lias only three years to serve.—President Middle wishes to rule onr purses twenty years at least; forever, II be touM. Here's a wide difference, even supposing Oenernt Jark« n to be loo greedy for power. Upon that charge, it I* not my pur pose to defend him. For, although I am a Jackson man, have fshh in his patriotism, and honestly believe, that Ills idminisfration ha* done ns much service, yet Jarksonlsm, jr an'I-Jacksonism Is not now the question. Liberty, or the dominion of the Hank, is die matter at issue. Surely, t behoves all who really believe that a slricl and honest ■(instruction of the Coustitii ion and fidelity to its obliga tions, are the best safeguard* o| our liberties, to cesse con ending for this man or that, and •* taka a long pull, a itrong pull, and a pull all together,” against the efforts, ill •ect and indirect, to perpetuate the dominion of this goi len tyrant. A COUNTRY DEMOCRAT. . rOR TltR R.YQUIRKR. “TIIE ISSUE MAOfc UP * To TUt I.IUHtlfl'KI 0» VlKGINIA. I( i* apparent Iroin the rtiiii|i|r(iuuvl your journal, that y»u will he called on in a lew days, lo pa** ii|i >11 “ the is #it« made up," between ilie Bank and the Government. \ *>u will allow wi, it you please, on account ol the stait linn precedent sought to be established between llie coun try an«l a monte.I inaliiiitiou, to submit a lew liaaty ideas to vour dispassionate conaiilereiion. It I*, perhaps, more than tloobtlul, whether the Secreta ry ol the Treasury ha* not misconceived the finality ol hi* action, in removing the (government depositee. A* lo the mere right, ami hi* otiicial <luty lo remove the depo site*, whenevei, in the exerciau ol a round di*cretio«i, he ahull deem it expedient, there cannot bo two opinion*: but it i« another, and essentially dillerenl question, whe ther, upon the term* ol the compact, the dtacietion allow ed to the Secretary, i* not eubject to the revival of Con gress, a* the umpiie, between the Secretary and the Dank. Thia would *cem to be the aounder opinion; a* upon any other iground, it would be dillirul to perceive the utility, or necessity, of enjoining on the Secretary, to teport Ilia " reaaona” forthwith to Congre**. Let it then be taken for granted, that the power of the Secretary is potential only, not actual and ronclu*ive—and how stand* the case ? It i* contended, by way ol softening the operation in favourol the Bank, that neiit.er the coii-litutional ques tion, nor the legality ot the act done by the Secretary, ie Jropeily within the issue—that it i* * question ol sheer usfiee, a mere nutter ot expediency; an I should he so treated. Now, it is impossible no- to see the disguise, un ler which the inouster is endeavouring to cover its retreat from merited rebuke, and (ledge itself again lor future action—to so transfix itself, a* it were, upon the vitals ol Governin'til, that the Government cannot get along with out it. llut your country has the proud consolation to know, there i* yet in the midst ol you, a remnant of the ohl Spartan hand, who need no prompter to remind iliem, that the constitutionality ol au act i* always within li e issue—and to »ny humbug of tlul kind, * ill respond in dignantly with the “Enquirer” of the 27th inst.—“1111* ground ol tbe unconstitutionality ol the Bunk, is like adamant —No republican can abandon it—he cannot com piotnise i\” I litre u no proposition in Hie Decalogue, clearer than this—That, dispose ol the issue in any way Congress may think proper, the question will come up again in the space ol 1*0 short yeais, and in such shape, there will be no blinking ot the constitutional objection, or reasonable hope of final success- unless th; direlul discovery be made, that the Bank is too strong lor the Constitution, and must take precedence ot tlis people.— Why thru should the country be subjected to a double shock, wl en one will suffice? It we are now in the n.hlst ot the evils ol one, why i ot weather the storiu until it is blown over, ra ther than encounter a second, which must come wi ll re novated fury? Shall we he any better prepared then than now? No man assures us ol that—and yet heaven and earth are moved to produce a belief, that the depression in the money market, arises solely horn the removal ol the deposites—and if that he true, what will be the state ol the conti'ry when capital and all are withdrawn? Why, Sira, it is to > plain—the Bank is playing « strong game_ ll it can conquer tho country now, it will be the stronger to do it (Aril—and become a fixed incubus on the body po litic. This is no idle speculation, sirs, but established his tory—and your country makes a solemn appeal to your patriotism—to throw yourselves into the breach, and in this known visitation, preserve her healthful Constitution from the corroding malady which seeks to destroy It. II the Bank of the United States has been guilty of hall the abuses ascribed lo it—not met and denied, but palli ated and attempted lo bo justified—you could not have held the administration guiltless, in not interposing to ar rest the evil, by all the constitutional powers it possessed. If then, owing lo the peculiar state of things produced by the operation of the 1 ariir of 1832, and the power of the Bank (if it chose) to embarrass the money market, the step taken by tho Executive may be said to have been unfortunate in point of time, that does not place the administration in the wrong, even upon that ground, un less it can he shewn, that the consequence was inevitaMc, and could not be avoided, by a sale ami liberal policy on the part of the Bank, towards those who had not offender! her—but through whom, in the wantonness of her power, she has thought proper to operate upon (he government, So far from there being any plea of necessity to excuse or justify the course, the Bank, whilst dealing out het blows, boasts of her hundred millions, and proves by her own shewing, she could have continued her di counts with pet feet security. But again: it is a cleat proposition, that the mere transl’sr ol the effective ca pital ol the country Iroin one place of ilepori e to ano ther, does not diminish the ainoun', though it tnsy pro duce a temporary derangement, in Ihe process ol chang ing hands—bul certainly no permanent distiess, un less there be foul dealing somewlieie—so that, whatevrr may he the extent of the evil brought upon the country, that evil will have been pr. duerd by the contumacy ol the United Stales Bank—and it it was not her set pur ple, to place the country tinder her ban, she would have accepted Ihe liberal proposition of the local Banks, or hands off, permitted them to aver! the evil. Be this how ever as it may, the deed is done—and lo advance, or re treat, the question—To prove to the world, that we hold our tree institution* abo.e all price or that we too, “like sheep in the shamble*,” may be bought or sold—that the spi-it of insulted liberty, demands a sacrifice at whose al tar we cannot worship - that cannot, must not be — this "unterrified Old Commonwealth," will brand that man with eternal curses, who, in the hour of trial, shall (alter at his post—and not go, (liku her own gallant Decatur,) ■ is* III* - ''£'*1 IV1U11K. There is one subject I sliouM have left U> the lucubra tions of the “Whin,” ami the special pleading of “P« inuiiky —hail not Mr. Clay, in onler to bolster up some charge of serious import against the President, broken hit shins over tho same ridiculous absurdity : “ That where ver the public money is, there is the public Treasury"— aye, even in Mr. Hiddle’s breeches pockets. Now, il there bo a school-boy of fifteen, who is unable to solve this proportion and shew its absurdity, he will never make a logician.— What! that treasure and Treasury are con vertible terms—meaning the same thing? and that to re move is to appropriate—in the rommon and well-defined meaning of these expiessions? The question may be pul to a hundred men, and ninetynine out of the hundred will answer—The Treasury is the place set apart and appropriated to the transaction of the financial concerns <>l the nation, by the officers of the Treasury Department, having charge thereof. The treasure or public money, the object or thing ol which that department has the charge is supposed lobe always present in the Treasury, although it may in Jact be in a thousand different places. 1 his is the whole solution—Vet, Mr. Clay, by a kind of poetic li cence (ol which Shakipeare is the only example) reject ing the common place, and confounding the popular with the literary use ol the terms, has attempted to prove, that Treasury means treasure—Such a quibble might be ex cused ina third rate advocate, but is wholly unworthy ol the statesman ami the occasion—the design being to show that the President of the United Status was endangering the liberties ol the people, by usurpation ol power to over the purse as well as tho sword; and the concentra tion of all power within himself. The plain and direct answer to a simple question will place this part ol the subject in its true light. Has the President any power over the deposited now, that he did not possess before the removal? Ceitainly and unquestionably no’—Mr. Clay has therefore assumed a false proposition, to sustain a charge of despotic misrule against the Chief Magistrate ol the nation, knowing the same lo be Use and unfounded to -*l intents and purposes. The has exposed her hand, and shewn you her vast, corrupting, aad consuming influence—that she is an unsuitable appendage lo the infant institutions of the coun try, with the political concerns ol which she has im piously attempted to mingle ; and in the arrogance of her bloated pride, set herself up in opposition lo the con-ditn tional lunrtionaries of the Government, whom she des pises and contemns. \\ ith these pretensions inscribed on the Report of her Directors, she ha* made out her case, ami committed il to the hands of her friends- not the con script fathers and disciples of the true Democratic Church, founded hy Jefferson and Madison, but the putative pro-’ geny of the old Federal School—tho National* and Nul liflcrs—the tag, rag and hob-tail of all parties. These are the friends of Hie Hank, that engendering hot bed of Aristocracy. It is, in fact, the Aristocracy of the rountiy against the Democracy—•• The Constitutional Party" against the It. publican Party— the Cities against the Conn try—the Hank against the People. These are your cue mice, ami “divide and conquer” their parole and counter sign. Yes, Hire, the Hank has calculated her strength, and menaces the Democracy of the country, even in the strong-hold of its Kxeculive power. A heartless conspire cy» engendered and matured for the a«smli,ha* marshall ed itself beneath her standard, and the citadel of liberty is threatened. Do you foil to penetrate (lie object and design ol all lids? Thai il is to overthrow the Administra tion ; to prostrate the Republican Party—and establish upon its ruins, that “bastard system of Federo-Uepub licanism”— which, according to Mr. Jefferson, would pro bably ri»c “ on the ruins of the true principles of the Involution?'9 Thai the present demonstration is hul I lie enieiiug wedge—the prelude of what is lo follow ? Ue publiean Legislators! and you (hat still linger on the brink of apostacy—we Conjure you by every considera tion that hinds yon to your country- let not this foul deed be done, whether by treacherous friend or open foe — or your constituents, the sturdy yeomanry ol your own native mountains, will pursue von wjih a whip of scor pions. Knlighten the People—Teach li em something is due to (he presetvatioti of their liberties: “ That the price of liberty, is eternal vigilance"— and, like (lie sons of Alkuomark, “ they will scorn to complain.” MID-VIRGINIA. fi Jtff, t.’orr. Ift-whiob, for tlis special benofit of the Wgb liner*, is copied at length • i< "Jl’* federalist# know, tlmt, to nomine, they ar* gone foraver. : I hair o’-jnei, therefore is, how to return Inin power under eonio ' a, f Dndotthtndly they Hava hut one meane, which ie, to divide the Republican#, join the minority, and barter with thrmf»r " the elnak of their n-mo. I say, join the minority, because the ma " Jprlty of the Republicans, not needing them, will not hoy them. " t he minority, having no other means of ruling the majority, will “ giro a price for auxiliaries, and that price most ha principle, ’it ia 11 trim, that the Federalist*, needing their number# also, must also " jt'W a price; and prinriple is tha coin they must pay in. Thus, a ' bastard system of Federo HepuUienniem, will risn on Ihs ruins of “ tho Iron principles of our Revolution And when thie potty is “ formed, who will constitute tha majority of it, whleh majority is “ than to dictate? Certainty tha Federalists.’’ Wo arn obliged to the Office of tha N. York Dally Advertiser, for rhroe copies of its No. of tha 31st inst. Presuming wo thouhl find great news in it, wa opened it with some curiosity--whan lo! wn found nothing hut the Report of tho Bsnk of the V- 8. I Who con tubules to this Extra circulation’ Do** tho Bsnk pay tha piper ? TIIE TIMES. Tlio times have been, anil still ure, lianl_but la there any doubt, that the policy of the Hunk, the arts ot the ugit.itors, anil the fears of the sufferers, liuvo represented them to be worse than they rvally ure?" '1 lie great object is to restore the De|>osites— to give the Bank an udvautngo over the Adiniuistrn tjon and with many oi the politicians, to renew the charter of this tremendous Institution. Hut soino gentlemen have ventured to turn prophets up- • ou the occasion. They declare that in all this month of January the Banks will be coni|»elled to resort to Specie imymcnts— and that this Deposits oues tion is destined to sever the Union. Political Hal lucination could scarcely liuve gone further. The pressure has been severe enough; but we look for ward to more cheering times. When things get to their worst, we are told that they begin to meiul._ According to the following stuleinvutsof the Inst N. York and Philadelphia prints, a re-uctiou is about to commence. The moment that re-action begins, more confidence will bo felt—new funds will be poured into the market; the panic will uhate, and the pressure lie relieved. Wo place much faith in these statements. The ‘‘Pennsylvanian’’ utters its cheering notes ut the very doors of the Mammoth Hank. And the “N. Y. Journal of Commerce” is a paper very far from being devoted to the measures of the Administration. Wo spread them before our readers with great pleasure: (from the Pennsylvanian tj Monday last.) "The Treasure.—Tli« reaction ia beginning. A Pjnic cannot last forever. The want ofconhilciire which made each man an lehmaelile, having reached it* maxi inum. ia abating.—The money market in New Yoik ia considerably relieved. Stocks are riaing. The Delaware atiu lludaon < mumI Company mlvanced on Thuf>d*y 12 percent. Voila U commencement de tafia! "The imaginary and greater part ol the preaanre la juat about luring ita ellcct. The mercantile rummiiuity win* had he>ury payment to meet, have generally met them, or made arrangementa to deter them until an easier time. Somehow or other, they have act ambled and aie scram bling through the danger, and the cry ul “Well ! Wolf!” ia gradually, a* we loadold, beginning to lose its potency. “ We have been falsely told that there ia a scarcity of specie, and that probably the Hanks might suspend specie payments. This intimation, and the pulling on the screws, caused a hoarding of the article, when in reality there was no scarcity at all of hard money. There was in fact no demand lor it. As a necessary consequence, specie will soon be pouting into the pretended vacuum. The Urge amount Istely received at New Orleans from Mexi co is finding its way here. A million of dollar* in silver has been shipped at New Orleans lor New York. The European maiket is well supplied, and no exportation thither has taken place. On the contrary, if this artificial stale of things lasts, the transatlantic superflux will soou be on our shores. How long then can this bug-bear hope to continue? Less than sixty days will see its death and burial. 441 lie cunning one* know it. The stock speculations, the selling on lime, have succeeded, except in one or two instances, to admiration, and it is time to try the other lack. Instead ol telling on lime, ami running down, the policy is now to buy on lime and run up. The jobbers have used the panic threadbare.' So bare indeed, that in tile instances alluded to, they depressed the market so much that they burnt their lingers by the destruction of their debtors. They will not now run about with looks ami words ol apprehension. The tables are turned. Con fidence will he the cry. ••Ami alter all, what so far ha* been the consequence of Ibis direful pressure? The banks ami oilier monied insii. lution* are as firm a* rocks. Two or three failures have taken place here, and about aa many in New York. Here is tlie sum total. Several of these house* have only stop ped payment with a lair prospect of satisfying to the lull the demands ol thrir creditors, and the others will, it is said, in almost every case, make a handsome dividend. "Hour predictions are fully verified as to the change, the incipient movement* ol which are evident, we shall see the United Stales Hank throwing herself, as the Herald ■ays, into the breach, and claiming all the credit on the ■core ol her magnanimity. She opened her lieait! Site look pity on her subjects! She could not continue to de fend herself at the expense o( her friends! when she had no mure agency m the matter than Hie man in the moon. The course of time r^mihueg every thing,” (From the same.) “ w*>y d°e» not Hie United States Hank demand an in vestigation hy Congress, throw open i a doors, and lay every thing before the world? Such is the course of inno cence. Memorials and manifestoes are nothing. 'Ilia mere negative of an accused is nothing. Labored de fences aie nothing. They must overturn asserted tacts by facts.” 44 I he fact that six out of the fifteen flanks in iho City and County of Philadelphia refused to sign the n.emoiial to t'ongress for the restoration ol the deposits*, is care fully kept from the knor. ledge ol the Philadelphia pub lic. They arc, the l.hard Bank, the t'biladelphia Hank, the Western Hank, the Southwark Bank, the Kensington Hank, and the Bank of the Northern Liberties. Tins firmness wan not expected. It was thought that not niore than two or three, at most, would have been bold enough to lace the storm. Their officers deserve all honor lor their refusal to go into harness.” (brum the -/Veto York Journal of Commerce.) 44 Country Money.—The brokers advanced the rate of discount on Country Hank notes yesterday to one per cent, on Eastern and Jersey Banks, and two per cent, on Banks in the Western partof New Yoik. With some the rate was lnglierjilian this. The Brokers fell us, there is no pro bability that these rates will continue more than two or three days. The Branch, the Pets, and all the Banks, dis counted liberally yesterday, and the general appearance ol money affairs was easier. It is expected that after the return* are made on the first or January, the Banks will he able to supply at least all pressing wants. We have lor ourselves no doubt that within sixty days the mo ney maiket will be quite easy, and that within six months it will be more abundantly supplied than ever before. It must be so. There never was before more mo ney, nor so much wealth as now. Specie is coming in from all quarters. The engagements ol Merchants are greatly reduced. Every thing will conspire to create a small i.emaml, an I an abundant supply. | he prospects for business wore never better than lor the ensuing spring. 1 lie attempt which has been made by tlie politicians and parly n-wspapers within the last week, to get up an agita tion and panic lor the pm pose of breaking down credit is one of the most flagitious attacks which w»* ever inado on any mercantile community. But it has spent it* lorco and tailed of ptodiicing the damage w liich was designed." 44 »Spene - Such is the abundance ol specie that within a few days, large qiiantirio* of Spanish pillar dollars lime been catried to the flanks and exchanged for paper money, i lie h dollars were lour months ago at a premium of lour and five per cent. American gold, which is usually lour or five per cent, above par at the brokers, is now worth no premium at all. A geniliuiin of our ac qua'iitance who was re*uruing from Canada » few da\s ago with three thousand dollars in American I alve*. was glad to give them and n premium for country Bank notes, and could not get lid ol the whole until he ..." Vork 3,1,1 parri*d them to the Bank, wood bills on England were sold yesterday at A4 60 the pound sterling, a lower price than has been paid since the Hank or England resumed specie paymeuts. In fact, the country was never so r.cli before in money and cash funds asst tliis moment. And as to a general suspension of spe cie payment, it is just as impossible ns it would bo to per suade the w aters ol the Hudson to turn bark in their chan nr'• nobody can lie procured to cairy specie out or Wall street. Every hotly Ining* it in. The scarcity t* mu of specie, but of bank notes; and it is the notes only winch are wanted. The cry that a suspension of speeio pay men’s was at hand, is effectually silenced. The agi tation newspaper*dire no mors to repeat it.” THE PRESIDENT. A Correspondent of the Commercial Intelligencer of Philadelphia, wriles from Washington, on t!ie 29th nit., that ••the President sees compmy to-moriow. He it in good health ami •l>irita. He i* jndefstigably devoted to public business; ami eah.bits in all thing, the declaim, of character which ha. ever distinguish ed lili.i. I ID venerable and hoary hair for,n« a strange contra,! will, the youthful and patriotic glow ol hie leelmgs. I differ Mill, him on many point., and ex prea. that difference aa a freeman and a democrat .hot,Id; but no one who »eee and apeak, will, Andrew Jackson, can doubt the purity and integrity of hl« motives.”— I he Intelligencer is generally in the oppo,ition. The character it gives of the President correspond, with the arrount. we have received. He is in good spiiils; his moral courage a* great a. ever. In a late conversation some one was saying, that some of the citizens of Phils* delphia and New Ytttk were alarmed by the movement* of the Hank:—“ I know one man (said he in a whisper) who it tiot. Andrew Jackson is not alarmed. He will do Ids duty.” Another time, the conversation turned on the tame topic: —He remarked "that he would Iry to •ave the Constitution from the dangers of the Hank—Ida mind was made up. This pa>sce (says he) has no charms for me. If the people will It, I will retire with pleasure to the Ilarmitage. But so long a, I atay, I will do my duly.” He have received, by yesterday’s mail, the conrluaion ol Mr. Clay’s speech in the N. Intelligencer of Monday, and in the Globe ol the same date, the conclusion of Mr Polk’s, and the roniinuaiicn ot Mr. Heulon’spungent and powerful speech. We shall hasten to lay them all before our readers. Even the obsequious Mr. Niles is compelled lo admit, Ihal if the Hank were lo exert its energies, the effect would h. truly calamitous—and ,he result would prove that it Iks too much power tinder the present charter. Mr. N. Infers this lesson, Iron, its rapacity lo uphold if. aelfnnder the present exigency. Now, what patriot will lru*t any mam,noth monied Institution, will, such powers as can he exerted in a colomitoua menue»f We have had a severe sp-.i: ol cold weather since Fri day Iasi—a fall of anew from S to 4 Inches deep—and be yond the Mountains It averages three feet. The basin and the canal are frozen up; and the river below Kcrketr* is also frozen over for a few miles. Hut yesterday the weather became more temperate—the snow is <1,awing— and we hope in a lew days to ace (he navigation opened.