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die and Mr. Saml. D. Ingham; and if wc are properly advised, that gentleman has re cently remarked, that he looks back upon that period of his public life as the only one he would desire to bury in oblivion. "In this correspondence Mr. Biddle was firm in his refusal to permit the Govern ment to con'rol the a flairs of the Bank", and then it was, that the Marats the Dantons, the Hans Culvtls who had followed in the train of Ger. Jackson when with his herd of Goths and Vandals he took possession of the Capitol, gravely dt-terminfd they would destroy that which they could not control and direct, U e will do them the justice to prosperity, and American patriotism ! Van admit however, that they knew not what Uren and his satellites thought only of they did. Ignoiant alike of every thing themselves. He and they had seen with connected with monetary affairs, with ! how little trouble a whole people may be commerce and with government, they vain- governed, if once crushrd to the ea'th by ly imagined that the great and complicated t the operation of a haid'money system, lie machine of government which they had see n j pointed to twenty-one hard monied govern work so well, and apparently of its own mcnts wherethe people were uncomplaining volition, would continue to accomplish its j and satisfied, because ground to dust by star purpose. They knew not, saw not, dream- valion and oppression. He determined to ed not, that there was any science in gov- rule by breaking the spirit of the people; ernment, and that the commercial, the man- and gravely and fiendishly determined, that nfacturing, and the agricultural interests of the Government should not sustain the cre the country, were all dependent upon a well ((jit of the country, but that all should "per ycgul ittd currency. In their ignorance j jsjj" 33 his friend had proclaimed from his therefore, and to gratify their hatred of the ! srat in Congress, and the prosperity and honrstand able financier, whose far-seeing j happiness of the people be ctTcred up at the wisdom foretold the consequences of inter- shrine cf his hard money doctrines. In meddling with the currency, they gravely ; short, he decided against his country, his lushed upon the destruction of the Bank. j countrymen, and the credit of the States, and Gen. Jackson however, could not beat once ! in favor of England and the English capital- contiolu-d. He was avowedly a Bank man: and for years after, he continued to admit the usefulness and constitutionality of a National Bank, only claiming the right of preparing its recharter? "We need not follow the history of this crusade against the Bank. Prominent a-! mong the expedients, for dispensing with a National Institution, was the creation of ad-j ditional State Banks with large capitals. J Unfortunately for the country, at that period every Legislature in the Union with one or ! two exceptions, was under the direction of j Jacksonism; and in consequence, when the Globe called upon them to create new Banks, they promptly responded to the call, and in one year augmented the nominal BcMiking capital of the country one hundred and twenty-six millions, of .dollars, and in two years, two hundred and forty-four mill ions ofdollusM And all this on the plea that it was .iccessary to supply the place of the thirty millions of capital about to be : withdrawn in winding up thrc afiairs of the National Batik ! The intelligent reader 11 td not be told, that the simple fact that Jackson Legisla tures, had, in obedience to Jackson dictation, called into being upwards of four hundred end forty millions of Banking Capital, did not add to the actual wealth or capital ofthe country one dollar. Bat this immense num ber of Banks having been created and capi tal diverted from other sources to put them in operation, it followed of course, that they must loan out their money or they could not make dividends. But it will hardly be con tended that the creation of new banks will create new business. Here were two hun dred and forty millions of additional bank ing capital seeking employment, but no ad ditional business created by it. What then? "Why a struggle ensued between these banks to find bo rroicers and as mankind are prone to use money when ofTered to them, borrow eis were found; but then fallowed another struggle between the borrowersto find the means of profitably employing the sums borrowed. As we before remarked, the le ritimate business ofthe country could not be increased by the increase of banks; and of course, speculation in public lands and eve ry conceivable species of property, was the consequence, followed by the extravagance which this state of things engendered. We pause here, and enquire of every can did, intelligent man of both parties, whether those are not well established historical facts? They most certainly arc; and in times like the present, should be recalled to mind and calmly pondered upon. Daring the fictitious state of things thus created, and the wild speculations and ex travagance thus fostered, the State, governed by individuals among whom this mania ex isted, undertook to devclopeloo rapidly their latent resources aud became borrowers in the European markets of very large amounts. Their credit was undoubted; and offering six or seven per cent interest while the Gov ernments of Europe paid but three or four, it is not to be wordered at that foreign capi ta! flowed naturally in this direction. Tne British Ministry found their permanent Stock rapidly falling in value, and the buy ers of their Exchequer Bills 83 rapidly di minishing; and the greatest alarm was the very natural consequence. They saw veiy plainly, that if the credit of our State contin ued unimpaired, and our country prospercus. their three per cents would fall to hlty, end all new loans would necessarily be at the Tate of interest paid by our States. Destruc tion therefore, stared them in the face; and in self defence, they determined thro the Bank of England, to strike a blow at American credit. That blow came when least expec ted; but even then, had our Government ac ted wisely, its too fatal consequences might have been foreseen arid avoided. But in stead of thi3 instead of legislating to sus tain the commerce and, credit ofthe country the cry of "Perish credit perish com merce" was sent forth under the auspices of Mr. Van Burcn, a deadly warfare was wa ged against the very Banks which Jackscn ism and Van Burenism had called into be ing; and while the Bank of England at the instigation ofthe British Government, struck .na blow on the other side ofthe water, Van IJuren and his satellites instead of repelling. Cave it full force on this. Instead of repeal ing the Specie Circular which Jackson in bis ignorance htid issued, and thus enabling the Banks to meet the blow levelled at the credit of the country, be proclaimed that "all who traded c:i borrov- capital ojght to fail," and left us exposed to. the mighty crusade wagged for the very existence of En giish credit- It was a war of fearful odds On one side was the Bank of England back td by the British Government and every in dividual interested in her enormous debt; on the other, the American merchant, and the thousand and one State Binks of the Union. The Government of the United States held in its hands the power to determine the re sult, in .vhich ever scale they threw theii influence to which ever party they gave their support they insured the victory. But alas for American credit, American 1st; ana we are now reaping meawiuicon sequences of his want of pan iotism. Having thus briefly touched at the causes of our present embarrassments, h t us now look to the remedy. This is plain and pal . 1 - pable. The triumph of Whig principles and the administration of the Goverment by honest and capable men, can alone give us relief. This is a truth we would impress upon the honest men of all parties. The neoIe know that if John Tyler had not nro- ved a traitor to his political friends, we should now- have had an old fashioned United States Bank in full operation; Commerce, Agriculture and Manufactures would, have once more flourished; and in consequence, the people would have compelled the Gen eral Government to come forward in sup port of the credit of the Statrs. His treach ery has almost re-consigned us to the slough of Locofoeoism : and it remains for the peo ple to determine whether they will extricate themselves and the country from the deep disgrace into which we have fallen, or whether the curses and abominations of a hard monied Government and a pauper pop ulation, are. to be entailed upon us forever by the triumph of our political opponents in 1S14. LATER FROM EUROPE. The packed ship North America at New York, brings seven days later advices from Europe. The sales of Cotton for the week ending 7th January, rvt - Liverpool, wpix 23,970 bales against an import of 9,381. No advance had taken place, but the mar ket was firm. . The other news is not im portant. The commercial markets in London, as well as in the outports, are represented as displaying a firm feature, but without any very large transactions at the moment. There is an appearance of confidence and steadiness in the prices of goods such as we have not been accustomed to see for the last two years, which promises favorably for the. approaching spring trade. A decided turn has also been felt in the corn trade, and wheat has evidently fell its lowest point for this season. FROM CHINA AND INDIA. The overland mail reached London on the 7th. The British forces from Afghan istan under General Pollock had reached the Punjaub, with but little serious interrup tion on their march, although they were several times attacked, and lost some mm. In one of the attacks their loss vas 12 killed and 49 wounded. The forces under General England had !so reached Scinde. Both Generals des- a troyed the fortresses they passed on thei march, and laid waste the country. Gen. Pollock blew up the great bazaar at Cabul before he evacuated that city. CHINA. The Hong Kon Gazette of September 29 announces the abolition of the hong mer chants' monopoly. The captured junks had been restored and trade had been commer ced between the English and Chinese in the Yang tse-Kiang. Bodies of British troops were lo be sta tioned at Hong Kong, Kooloonsoo and Chusan. The Paris papers are so pointed in their remarks as the English ones, on the surprise expressed by the American President at the difficulty he finds in effecting a loan in Eu rope, and they remind him that the central government of America has not made a sin gle effort to induce the repudiating States to fulfil their engagements and that consequent ly the central government must participate in the dishonor which has fallen oh those states, and equally share in the inconven iences thence arising. Commerce and industry are in a'very de pressed state in France, and the wine-growers particularly complain of low prices and want of sales. They had appointed a com mittee to consider of the best means of pro tecting their interests. "Come down from that building, you in fernal rascal, and Y knock your eves out." ' ' ' '. V '.You xviH, will von?71 "Yrs yo scoundrel. I will." "Then I gu;ss upon the whole ccme doirn" J shan't The Cc r.crcial Bankin; House, Yazoo C y, wu: .;troycd by fire last week. iljo!li Springs ciasrtt? liOM.Y SfR'XG-V ::Mjmcii. 3 IS-13. FOXC PKESIDEST, HENRY CLAY. " With ONE candMa'e for ibe Presidency, ami the ekvt iNTB-iB-vrs o" T.rs couxt.iv at hc.rt, if ouht not to l' donb ed that tle U'hias, appeal in; the VIRTUE and INTELLIGENCE o t'-e PEOPLE, will be as succ?ss"ul in 1811 ?s t'-cv were ltf-IO. Whelber 1'iat one candidate be tis nil hulieaiioii s""m to rfrlenninc KEN TUCKY'S ILLUSTRIOUS SOS, o- any one of Vmdreds o' hi:' followers, my nrayers br a WHIG TUIJMrII shall be aieut iuid ui- ee?sinir. Below is the correspondence between the Committee of invitation of this place, and the Hon. H. Clay. Holly Springs, Miss. ) Feb'y 13th, 1343. $ Hon. H. Clay : Sir: The undersigned a committee, ap pointed at a meeting ofthe citizens ot Mar shall county, Miss, for this purpose, without distinction of party, most cordially invite you to visit them at Holly Springs, at such time, and at as early a day as may comport with your convenience. It gives us pleasure to inform yon that both Whigs and Democrats unite in tendering to you this mark of pub lic respect and esteem. Tbev consider ycu and your character as the common pioperly ofthe American people, from your Jong and eminent public services, and are willing to suspend for a time their political warfare to mingle with you at the festive board. We hope you will gratify your fellow citizens of Marshall county and of North Mississippi on this occasion, as the most of j them are strangers to you, and are solicitous to form your acquaintance. In conclusion we tender to you on the part of those for whom we act, and for ourselves oar best ! wishes. With great respect, Your ob't se'v'ts Wm. V. Taylor. John-Pitman, Geo. A. Wilson, T-TWT ti n ling, H. W. Walter, Wm. Arthur, W. L. Lanier, James M. Greer, A. B. Bradford, Tho's G. Polk, John Thompson, II. Harris, W. C. Beck, H. Anderson, Wm. F. Mason, Tho's A, Falconer, Wm. R. Harley. VrcKSBunc, Miss., Feb'y 22d, 1813. Gentlemen T j i .u . . . -Jibe Democracy of Mississippi, minus 2 I reiwrl here thp lnvifntinn to visit ! J ri &irvv Holly Spring?, which as a Committee of mv fellow citizens of Marshall County, without distinction of party, you did me the honor to transmit. I should be extremely happy to gratify their friendly wishes and my own feelings by visiting a place, to which I am indebted for former manifestations of its hos pitality towards me.- But 1 regret that it is not in my power. I am constrained, by ur gent private business, to reach home by an early day, and I could not accomplish that object, if I went to Holly Springs. 1 re- eSt y0U' aloD- W,lh m' re-retS' t0 reCClve an expression of. my cordial thanks and grateful acknowledgments to both the Whigs j and Democrats whom you reoresent. Accept also, gentlemen, assurances of the high respect and esteem of Your I iend and ob't serv't H. CLAY. P. S. Memphis, 25th Feb. 1843. Since the above was written, I have re- ceived another communication inviting me to visit Holly Springs. I can only renew the expression of my coidial thanks for it, and my deep regrets that it is not in ray power to accept the invitation. H. CLAY. Wm. V. Taylor, John Pitman, Geo. A. Wilsors F. W. Huling, H.W. Walter, William Atthur, James M. Greer, A. B. Bradford, Thomas G. Polk, John Thompson, H. Harris, W. C. Beck, H. Anderson, W. L. Lanier, Tho's A. Falconer, William F. Mason, Wm. R. Harley. AWTFUL CALAMITY. Two children, one the son of Wm. Wa lter, aged 5 years, the other the son of Ed mund Halton, aged 3- years, were burned to death on the 24th ult, at the residence of Mr H. McClatchy, 4 miles west of this place. It appears that they had taken fire into a corn-pen, some short distance from the house, supposed to be half full cf corn and shucks, which caught on fire, and burnt the little Jjoys tlmcst to a cinder before they were ta ken out WL.i . I L-- nf ids HaIIi- Onrlnnrs Lyceum and Delating Society? -is a ques tion we are asked, once or twice a day, and which we are unable to answer. We pre sume it has gone the way cf all flesh, with its charter, corporate privileges and all. As corporations never die it is to be hoped i: wl'l be again resuscitated, when the weather moderates. MR. CLAY AND THE TARIFF. It is a common trick with the Democracy of this country to misrepresentNlr. Clay up on the subject of a tarifT In order to make political capital out of it against him, it is necessarv to represent him as the advocate of 'a high protective Tariff 'exclusive' 'building np the north at the expense of the South' and such like expressions. This is intended for those who do not read, in order to distinguish his position from that of Sen ators Buchannan and Wright, and other prominent leaders of the Democratic paity, who ?re in favor of a taiifi" If the demo cratic papers really and honestly wish to give Mr. Cay's true sentiments upon the subject, why do they not permit him to de fine his own position? WThy do they not give his own language, that the people may draw their own deduction? They pretend to admit his sincerity and candor, and say 'he is above concealment,' They have no j charge of his being 'mum, having 'con science keepers' and the slang used with re gard to Harrison. They know that such a ! course towards Mr. Clay would be laughed into ridicule. That Mr. Clay's true position may be known and conectly understood, hear what he said in his late address at Memphis: "Ofthe remedies which Mr, Clay propo sed for oqr evils, one he deemed paramount and essential. Industry and Economy must be practiced in all things we must make more, and buy less we must produce at home, on our own farms and plantations more than we need to consume our wives and daughters must ply their own needles more, and employ the milliners less. Be not alarmed bv friends, he said, at the words I say this is the American System it is the long and short of the by stem Industry and Economy Make at home what we have been buying abroad and in that way we will get out of debt, and keep so, and keep our money. 1 vioderale and reasonable tariff tens all he ever desired one sufficient to stimulate and sustain our own American, Uomesnc Industry and economy. Stability the system. It should be equal and uniform ystem. It should oe equ in its operations on the great interests ofthe country. THE DEMOCRATIC CONVEN TION AT JACKSON. This august and orderly Convention of 1 m , . , , counties, alter several aays muur uivc brought forth the following ticket: For Governor, A. G. BROWN. For Congress, GW1N, THOMPSON, HAMMET, and W. A. STONE. ForSecretary of State, ; ' G. R. FALL . Foi Auditor, JAS. E. MATTHEWS. For Treasurer, MR. COOK. Old Tal'.abola was no where, only recei- ving 17 vote?. It is thought it toe JNorthern i poition of tbe Slate had been represented Tucker would have been nominated. So much for the Northern Democracy being outneneral'cd, or tricking themselves. Mat- o - thews is the only inevmbent re-nominated. What says the Guard, to these proceedings? THE MASONIC MIRROR. The first number of this periodical, is up on our table. The neatness and taste of its mechanical execution, are Worthy of all pre'se, while the objects which it proposes to accomplish, must commend it to the kind feelings of all. The mystic fraternity, to whose interest it is devoted, would soon be ; relieved from that weight of prejudice and suspicion which public opinion has so long attached to it, were the principles of Cbaii ty and Love to man, which constitutes its bond of union generally known and ap preciated. The candid euquirer may here find a lair exposition of those principle?, while Science and Literature lend their at tractions to its pages. Every Mason should lead it. Others might do so with equal ad vantage. - . - " - The Mirror is published semi-monthly, at Columbia, Tenn. Charles A. Fuller, editor and proprietor. Price 82 a vear. What "are all the joys of earth compared to the joys cf heaven? GEN- JACKSON'S FINE. A writer in theLoufsville Journal, who calls himself 'A Kentuckian,' has been writing a series of. articles on the conduct of Gen. Jackson at New Orleans, in the metier of the Louallier case, and the fine. His un answerable facts and reasoning, have crea ted some stir at Washington, and induced Mr. Buchannan to notice him in some re marks on the flsor of Congress. His last article in answer to Mr. Buchannan, has placed that gentleman in no enviable atti tude, and will give him troub!e enough, be fore he gets out of the difficulty. Mr. Bu channan expresslv denied that he considered the declaration of Martial Law as a constitu tional act, but that he justified the General upon the ground of necessity, in defence of the country. The able correspondent takes him up upon his own ground, and shows that at the time of the imprisonment of Lou al'ier, the necessity br martial law had cea sed; the enemy had withdrawn from Loui siana, and there was no probability of an immediate descent of their troops upon New Orleans, and consequently, the law should have ceased, also. It was, (by Buchannan's admission) an unconstitutional act, and could only be justified by imperious necessity. It had been in existence three months ; and be cause Louallier remonstrated against its further duration, he was seized, and irrpris- Qned JudgG HaI1 jssued a Habcas Corpus, and leleased him, for which official act, he was in histuin imprisoned by the, (who can refrain from saying ) usurper. About the very time of these occurrences, the news of the ratification of the tieaty of Ghent came. The cvil authority was re-established, and Gen. Jackson was fined $1000 for ihis out rage upon a judicial officer, who was bound by his oath to issue the writ of Habeas Cor pus, the glory of Magna Charta ; the secu rity of our freedom; and the refusal of which, in the State of Mississippi, subjects a judicial officer, in the language of our statute, to the penalty 'of a high misdemean or i.i office, and liable to impeachment.' Louallier was a member ofthe Louisiana Legislature, and one of the most active friends of his country, in votin g supplies and assistance to Gen. Jackson. But, be cause be asked for a cessation of martial law, when the necessity had ceased, and a restoration of the civil authority, hewas rSe'"ea 'tnedbv a court martial, and would bave been put to df.alh, but for the interfer ence of Judge Hall. And yet, notwith- standing all, the whigs were willing to re fund the 81090 fine, if Gen. Jackson's friends would -be satisfied with that, and leave his reputation to stand or fall, by his- tory. uut no, they wanted a resolution ot Congress reversing the sentence ofthe court which fined him, and clearing him from the imputation of tyranny, which "J d spot" will not "out" whatever virtues we may give the General credit for. Let the peo ple read for themselves, and learn the true history of the esse, and they wilt conclude as we have, that the General's friends had better never have stirred the matter. Among other appropriations of the pres ent session of Congress, is one of $2,000 to Professor Espy, to continue his Meteorolog ical observations. This gentleman kas, al ready, made several valuable improvements in the Navy, and his services will more than tepay the expense to the government. It has often been said that Monarchical ov- ernments are better patons of learning and science than Republican. Be this as it may, it is highly honorabla to Congress to en courage Mr. Espy's scientific, persuit?, which cannot fail to redound to the interest of the government, and the benefit of its cit izens. His Ventilator is said to be a com plete cure for smoky c him neys, and has been patented. It also promotes a brisk circulation of air in a tight or crowded room Several have been fixed upon the Capirol at Washington, and we presume it would be I useful in 'churches. He has an aent at , o Jackson in this State, who is selling them at a low price. Ihe Providence American of 1830, proved that Gen. Jackson's election to the Presidency was in consequence of a hos breaking into mischief in Cranston, Rhode Island, a number of years ago. The proo runs thus: -General Jackson owes his elec tion to the victory of New Orleans; that vie- tory depended on. the existence of the war thut war was declared in the National Sen ate by a majority of one. Jeremiah B Howell, a member from Rhode Island, vo led for the war. Had his comnetitor. Jas Burrill, occupied his seat, be would have vo ted against the war. Mr. Howell was elec ted by the casting vote of the presiding offi cer of the Rhode Island Legislature. Tho tie was occasioned by the absence of a mem ber belong fog to- the political party ef Bur- .V . 3 iicautu upon to absent h at variance with Burrill cn account cf ah suit respecting the depredations of a -0 V whieh suit Mr. Burrill wss the p-c ' ' ting attorney. Had it not I een for W .- there would have been no quarrel Mr fj rill would have been elected; the war uc '' I not have been declared, and the hero of .V Orleans would ntrer have been knovvp't vuc ijuanci ui me jifopie over whom he cnoseu lo preside ! ! ! IFTKOU WILL'y r have ?ir BY THOMAS MOORE. Iftfou would'st have me sing As once I played and sunz, 1 r fj Frist take this time-worn lute a'-vav And bring one freshly strung : Call back the time when Pleasure-? '-' First brcathe'd amowr the striiK And Time himself, in flitting bv, Made music with his wings. Take, take the worn-out lute zwy And bring one newly struni;. If thou would'st have me rinj ani r'-y, As once I piayed and su;;g. But how is this? though new the lute" And shining fresh the cori, Beneath this hand they slumber mute, Or speak but dreamy woidr, In vain 1 ask the soul that due -It Within that once sweet slnl!, WThich told so warmly what it fdr, And felt what nought coulj tell, Ob, ask not, then passion's !jv. From late so coldly siiun, With this 1 ne'er can sing arj r'ar As once I played and sung. No bring that Jong loved lute a p.:-,, Though chilled by 3 031s it be. If thou witcall the slumbering straia, ' Twill wake again for thee; Though Time hath froz'n the tuneful stream Of thoughts that gush'd along, One look from thee, like summer's beam, Will thaw them into son" Then give, oh give that wakening ray, And once more b'ythe and young, Thy batd again will sing anJ jhy As once he p'ayed and sung. Whio National. Convention. Tb? Whig Members of Congrtss, at a niftrr,'' held in Washington on Saturday tun b the lSth hcye recommended thataWL.; National Convention lor the nomiuntian d candidates for President and Vice Presiict; of the United Statrs be held at the citv cf Baltimore on Wednesday, the third tLivtf May 184 1; and tnat the said CoriTenticn l composed of Delegates from the respective .States equal to the number of S nmcws and Representatives of each State in ibe Con gress of the United Stales. Eagle. JEFFERSON'S TEN 1UJLESOF LI IT.. 1. Never put of!" till to-morrow whatcia be done to-day. 2. Never spend your money btfjre you have it. 4. Never buy what you do not wan: he- cause it is cheap. 5. Pride costs us mere than hunger,- and cold. G. We never repent eating too little. 7. Nothing is troublesome that we willingly. 8. How mveh pain those evils ccst ts which never happened. 0. Take things always by their street- handle. 10. When angry, always count ten before you speak. A Judicious Loveu. The su pi extract is literatim et veroatim, from a It. bearing the Wigan postmark, picked up ia one ofthe principal streets of Drewury. It may induce the damsels both cf ! shire and the neighboring counties to he c ry of boasting to their swains th.it they olher strings to their bow, or beaux ta'-J,' string: "Wigari, Sept. 24, 1S42. I-3;'' 31 better take the chance Not that I W- f fault with you. No f ir from it but J think of Marrieieg yet awhile an3 lce r. an old Sweetheart here of Mine ani J fection seems to warm up again ham thinking any worse of You but -' You had better think no more about me tan tne otner remaps iney me I So farewell and bless you : wish of Yours," &c. 3 iZi At a celebration of the "glorious eiS' ( .v in Norwich, Conn., the following was petrated: By P. M. Judson. The bdreswh re versing, the order of old Hickory's wcfen-3 place the cotton bags in the rear. . If the ladies don't make a bustle they reid. this toast, then were mistaken. Xancich Aurcr. nzaoein, 1 nam oorry to ear mm j1-" unheasv in vour Mind but vou saV V-' u. lhp rhanpp of 5 Tpn nnr? I think VC,J "