ar, throughout Great Britain, has been consumption, which 17,178 have been American. The n increase of 111,000 American during mpared with the preceding year, while the ed at an increase of 55,000 bags. The is reaching this port in large quantities ans, Mobile, Charleston, Savannah and the belief is general that it will reach two millions and a quarter of bales, of and a quarter at least may be expected to y. The prostrate condition of the cotmanufacturing districts of late, has kept raw material very low, but it has now num, in all probability, and better rates looked for. e legislature had under discussion in "staying" the collection of debts by the senate the bill seemed to unite a embers, but in the house was rejected ars to 37 nays, on a motion to indeficonsideration. Thomas Powell. good as a mile," and is thought of no more; but it may Shipping List shows at one view the stock of leather on period. ISM. The struggle of this subject to ssification among the black arts, and among the independent sciences, still chanan has lately been lecturing on eurology" and the "neuraural fluid" York. Various publications of certi s pretensions have appeared at interw months in New England. New S. Carolina, and one of its profes-1835, e subject in the seat of government 1836, few days. 1837, ETY. Sides on hand Sides in Sides a 4 number of peti From cas Sides in spected sold tanneries Jan. 1. each year. each year. Jan. 1. 299,663 784,165 916,243 730,800 166,980 925,014 1,005,454 914,500 T 86,550 890,962 661,225 887,513 This added to 312,257 749,555 835,320 697.650 $14, 260,830 35, 233,523 772,255 777,695 600,623 year from custo 1840, 218,083 638,112 693,315 472,930 162,844 687,101 741,129 379,762 SCREW PROPEL 105,816 856,868 725,863 591,671 already built, and 269,821 480,189 1842, 1841, 1843, We learn from the National 1538, annual meeting of the American 1839, held on the 18th instant at the e most interesting ever held. The resented, and many very brilliant red. The society then, without =s, adjourned to meet again at seven in the same place. Among the Pise. Senator Miller, the rev. Mr. esq. and Mr. Penrose. late earthquake was felt on the Van Buren, Ark.] It is the opin at portions of that state are of a that slumbering fires, which find the southern part of Mexico, are surges" not far from the surface of the Van Buren Intelligencer rstood by all foreign editors who that his state has not been afflic but has had a real genuine Simon sure enough earthquake. It emphus, Tuscaloosa and Little Two for the Fren lony of Liberia, in a despatch addressed to the executive NORTH CAROLINA. No repudiation. There is no PRINTED AND PUBLISHED, EVERY SATURDAY, BY JEREMIAH HUGHES, EDITOR AND PROPRIETOR, AT FIVE DOLLARS PER ANNUM, PAYABLE IN ADVANCE. CONTENTS OF NO. 23, VOL. 13. It is said that the Great Western steamer has been basis. Such a revolution all Europe witnessed us in | steamer Acadia, capt. Ryrie, arrived at Liverpool the act of enduring, and, without one emotion of hu- on Dec. 16, in 13 days from Boston. POLITICS OF THE DAY-address from the friends of Mr. mane feeling or commiseration, their language without exception is that of bitter reproach or envenomTHE TREATY OF WASHINGTON AND QUINTUPLE ALLI- ed sarcasm at our institutions, and our honesty. ANCE-letter on the subject of. CONGRESSIONAL PROCEEDINGS. CHRONICLE. Calhoun. FOREIGN ARTICLES. The president's annual message to congress, as will be seen by the extracts which we insert in this number from English and French journals, brought by the last arrivals, has elicited far more attention and remark in Europe, than in the journals of our own country. We have seldom noticed a president's message so little commented upon here as the recent one of President Tyler. Nor have we often seen less justice done to a message by the foreign journals. Whether the journalists abroad are absolutely so unacquainted with our federal republican system of government as they affect to be from the tenor of their criticisms, we think doubtful. They know the present prevailing impressions adverse to American credit in the circles of Europe, and instead of discriminating, as they know well enough how to do it, at least some of them, between the culpable and the innocent,-they, without exception, join the responsible and the irresponsible in one common censure, and stigmatize the whole country for the faults of a few. Nor will they listen to a discrimination. It may be that they have lost money by crediting the representations of our speculators, of which we in common with all trading communities have our full quota, and now would make the honest part of our community accountable for their own folly in trusting them. Whether by ignorance or design, "Brother Jonathan," it seems, is to suffer in reputation, at all events, and doubts are expressed, whether ful. purchased by Mehomet Ali, who intends to convert her into a steam frigate. She is, however, still advertised for New York, via Madeira, Feb. 11; and the rumor is contradicted in New York. The condition of England herself is thus summed up by the London Spectator, in its retrospect of the events of the year. Let them rail. We rejoice that president Tyler observed a dignified and appropriate silence in relation to repudiation. We think the introduction of professions of honesty as much out of place in an We are again at peace with the world-not "armexecutice message as protestations of chastity by aed peace," but peace without its Palmerstonian terfemale. Where professions and protestations are free-rors. The tedious and embarrassing war in China ly resorted to, possession becomes exceedingly doubt- is over-for the present; and the plenipotentiary helped us out of the scrape with as imposing a grace as possible. The disasters in Cabul could not be unThe government of the United States, of which done, but they have been gilded over with succeeding victories; and Lord Ellenborough has also drawn us out of that scrape by recalling the army within president Tyler is administering the executive department, and in relation to which his message is appro- the Indus. The secondary Syrian question, the inpropriate, fortunately happens to be under no pecu-ternal government of the country, approaches a tarniary obligations to the capitalists of Europe-and dy solution. The Servian question seems as if it would come to nothing, unless Russia conceals some we hope will not shortly be. It is worthy of re- very monstrous designs. Spain's last revolt is quellmark, that it is not so much for any thing that is in ed. France's last fit of anger, about the Barcelona the president's message that the European journalists consuls, turns out to have been a dream; and alcarp at it. No; but, because they all have taken it though the European proselytism of the U. States may lead to further questions about the right of into their heads that it becomes the president to read search, that question will have to be discussed on a a sermon to the states of the union upon the heresy of broader basis than mere diplomatic punctilio in a repudiation, and lecture the people of the union round-wrangle with France. With the United States Lord Ashburton has placed us in profound peace. ly upon the subjects of integrity and moral honesty;— and because he did not,-why forsooth-Brother Jonathan's character suffers accordingly. Whether the ignorance of their journalists in relation to the nature of our political system, and the posture of our affairs under that system, be real or affected-we take leave to assure them that the silence of president Tyler in his message in relation to the integrity of the states or the honesty of the people of this union to their obligations, is as unanimously appro-to this improvement. ved on this side of the Atlantic, as it seems to be disapproved on the other. in the north has glided away into the past, and the At home too we are at peace. The insurrection chartists have been quietly debating with Mr. Sturge and his friends at Birmingham. Trade, the longenduring depression of which has spread even to our begin to be a little better employed; and an abunantipodean colonies, revives somewhat. Workmen dant harvest, after three bad ones, has made bread much cheaper, just as wages have slightly advanced, to prepare a merrier Christmas and a less dismal winter. The town of Paisley is a signal exception LONDON COURSE OF EXCHANGE, Jan. 3. N. York, 21 days' sight, 46 Philadelphia, 46. Bullion-new The American government fortunately owes no-dollars, 4s. 9 d. per oz. thing to the Europeans at present. Some of the tion with all due despatch. A controversy respecting the conduct of the French and English consuls at Barcelona during the siege and bombardment had wrought the journals of the two countries into quite a fit of passion. It turns out, however, according to the latest accounts pubnations were founded upon false reports; that both lished in the London Times, that the mutual recrimiconsuls had done nothing to stimulate revolt, and every thing to preserve neutral and innocent parties from its evil consequences. sonages. Thomas Thorneley, esq. one of the members for they will ever trust him again! Well-agreed. We shall be quite willing to maintain intercourse in future upon the cash system. Many think that our capital error has long been in allowing Europe to credit us further than was wholesome for us. They have an overdose now themselves. Of the capacity and determination of the American people, whether considered as individuals,-as citizens of twenty-six Mr. Everett, the American minister in London, "-or as citizens of the The debt will be paid principal and interest. We has been passing a few days with sir Robert Peel, at separate "sovereign states,"one confederated republic, to pay the debts they have cannot act with the promptitude of arbitrary govern- his country house, Drayton Manor, in company with contracted, faithfully and honestly, we have not the ments, and do not pretend to. It requires time under a number of distinguished official and other pershadow of a doubt. The Americans have had a se- our system to frame and carry out enactments, esperies of the most unprecedented financial disasters to cially in the form of "exactions' which the concentra-Wolverhampton in the house of commons, connectencounter within the last twelve years, that any peo-ted powers of monarchical governments can obviate, ple has for a long time been subjected to; these have though it be at the price of severe suffering by their prevented the possibility,—absolutely the possibility, subjects. Americans have owed Europeans far more of promptly fulfilling engagements as they expected than they now owe them, and paid off their debt to the to have done, and, as, under other and more favora- last farthing, when they had not as ample resources ble circumstances they would have done. It is but as they now have. Let Europe discredit us for a few a delay however. Difficulties of such universal pre- years, and the way that single incident will enable us valence could not be overcome in a day. One-half to balance accounts with them will be wholesome to of the circulating medium of the country could not this country; however it may act upon them. If be withdrawn on a sudden, without shaking credit in providence shall ever permit any one of them-even every direction. Ruin had to be encountered, has England herself, to encounter such a financial been endured, wide and broad, in every ramification reverse as the United States have just been subject They urge that as tea is the staple commodity which of our connection. Those that were wealthy are to, we pray that she may endure the storm as well China must return for our exports, a reduction in impoverished by thousands. Stupendous improvements, confessedly of the highest utility have been overwhelmed with difficulties incident to the change of times. Credit is withdrawn from service-and a whole people brought at once from a condition of imprudent inflation, to almost an absolute hard money Vol. XIII-SIG. 23. as we have. GREAT BRITAIN. The Caledonia left Liverpool on January 4th, and after a boisterous passage reached Boston on the 25th. The steamer Columbia, capt. Miller, which left New York Dec. 16th, arrived at Liverpool on the 29th, having made her passage in 12 days. The ed for many years with the United States as a merchant at Liverpool, has recently returned from visiting the principal cities in the Union. He addressed a large meeting of his constituents on the 23d ult. He pointed out forcibly the advantages which both countries would derive from a free trade in corn, and advocated the policy of the anti-corn law league in agitation so successfully for a measure so important and beneficial. In matters of commerce, the long experience, and enlightened views possessed by Mr. Thorneley, gave great weight to his opinions in the assembly of which he is a member. The Glasgow East India association have memorialized the government to reduce the duty on tea. the duty imposed upon it by this country, would induce a greater demand for British manufactures in China. It is rumored that the steamers engaged in the late war are to be employed as mail boats between India and China-Bombay is recommended as the rendezvous, and the despatches which reach Europe under existing arrangements but once, will, in the event of the suggested alterations being completed, of the shareholders had been held, at which it was THE LIVERPOOL COTTON TRADE FOR 1842. Jan. 4. We refrain from entering into a lengthy review of the past year's business, as the fluctuations were few, and a degree of uniformity in prices, attended by monotonous depression, generally prevailed. Of late the purchases for consumption have been extensive, but the favorable accounts of the forthcoming crop, and an unusually large supply of new cotton for so early a period in the season, have tended to reduce prices, and on comparing the present quotations of American with those of the 31st December, 1841, they will be found 5-8lb. lower. As regards the future, there are reasonable grounds for anticipating a good export trade in manufactures, but the important changes which have taken place, and the agitation of further changes, will prove obstacles to an early improvement in the home demand, and we do not look forward to any amendment in the value of the raw material; indeed, some depression, particularly upon the lower qualities or American, may fairly be expected. The total sales of the year are estimated at 1 417,450 bags inclusive of 11.160 Sea Island, 3,290 stained, 316,850 Upland, 565.570 N. Orleans, and 228,560 Mobile and Alabama. The sales to the same period of last year were estimated at 1,274.940 bags. There were taken on speculation to 30th December, 1842, 253,250 bales, and in the year 1841, 185.300 bales. A pettifogging defence is not calculated to raise the character either of nations or individuals. The defence of the American president is shabby. If the relation of the states towards the federal government, and of the federal government towards the states are ill regulated, that may be a very good rea son for improving them; but can be no good reason for robbing foreigners. If a foreign government were to consider the bad faith of any of the states a good ground for attacking it, the federal government BANK NOTE CIRCULATION IN GREAT BRITAIN AND would interfere; why, then, does it not interfere to IRELAND. The following table cut from a London make good the liabilities of such state? The exam paper, will be deemed interesting by persons conver-ple of America will not be lost on the world. When people are disposed to forget the maxim that honessant with such matters: Average of the Circulation of Circulation of A'mt of buity is the best policy, let them think of the great the Bank of lion in bank western republic, which, from loss of character, England. England. cannot, in its necessities, raise as much money as 16,293,000 5,629,000 many a private gentleman in England could obtain 17,402,000 5.602,000 without difficulty. [Morning Chronicle. 6 281,000 The message is, long though it be, short in com7,006 000 parison with the similar communications of many of 7,082,000 Mr. Tyler's predecessors; nay, considering the num7,383 000 ber and importance of the subjects treated therein, 7.846,000 it exhibits a degree of condensation unusual in Ame8.883,000 rican state papers; if its language be plain and oc9,570,000 casionally inaccurate, and the grammatical construc9,816,000 tion of its sentences indicative of no facility or ele9,801.000 gance of literary composition, Mr. Tyler has the 9,907,000 good taste to avoid that grandiloquence of style and 10,511,000 affectation of classical learning with which congress has been so frequently treated. The manner of the message is plain, frank, and intelligible, and its matter, generally, so far as it goes, rational and defensi8,101,308 ble; its sins are rather those of omission than commission. The dishonorable character of a single partner in a firm brings discredit on the establishment, and the non-payment of its debts by a single state disgraces the whole union. Their foreign creditors have nothing to do with internal questions of policy as to their claims; all Europe looks to con gress to rescue the national character from reproach [Morning Herald. four weeks the United 38.591,925 16,894,000 35.843,929 19,503,000 highest am't above av'age 2,278,890 1,907,769 2,410,000 The Bankers' Circular remarks: "We have underThe demand for cotton was extensive at the com-stood that some of the bank directors express an mencement of last month, but was succeeded by a very great inquiry, which continued until about the opinion that the stock of bullion in their coffers will 21st, when the trade began to purchase largely and considerably increase. We have no doubt that a with confidence; one improvement was apparent in sum equal to £3,000.000 sterling ($15,000 000) will prices, as holders brought forward their stocks, (par-50 from England to the United States during the six ticularly of new American) very freely. Since Sat-months ending May, 1843, and therefore we expect urday last the market has again assumed a quiet aspect, and prices remain the same as reported by the steamer of the 4th ult. The sales since the 2d inst. have amounted to 122.920 bags. Speculators have taken about 20,000 American and 1,800 Surat, and exporters 700 American and 500 Surat. Tobacco-The demand for Virginia has been extensive, at an advance of id per lb. on leaf, and fully id per lb. on strips; prices generally, but more especially those of the latter, have further tendency to improve, the stocks being light. The market was quite bare of Kentucky leaf, which was much wanted; the stock of strips is heavy, and the sales have been at reduced rates, some of the ordinary descriptions were purchased on very low terms. Stock of tobacco remaining in the warehouses, January 2d. Virginia hhds. and tierces 7,050; Ky. 12,222, do. negrohead, kegs, 2.533; Maryland hhds. 35; Canadian 0; Varinas, baskets, 22, St. Domingo leaf, serons and cases. 1125; Turkey and Ukraine, cases, 51, East India and China, bales, 654; Anersfoort and German 292; Havana and Cuba, boxes and serons, 2,829; Cigars and Cheroots, boxes and cases, 3,074; snuff packages 40; Columbian leaf and roll, packages, 4,434; Brazil roll, packages, 16; Porto Rico, 320. Provisions.-The trade in American provisions being yet a new one, the retrospect of the past year affords no sure data of which to offer an opinion as to future prospects. the stock of bullion at the bank to decrease, not- Money in the discount market was quoted 24a2; The following articles from the British press professedly on the subject of national faith exclusively, are highly colored and with the bitter feelings of disappointment at the late check to their arrogant pre tensions to maritime dictation. They will assuage it is probable in course of time. and shame. It is truly astonishing to us that the official organ of the federal government should. ostrich-like, thrust its head in the sand, and think to conceal its body. What a monstrous assumption it is to assert that the good faith of the American government is unquestioned; in the same breath in which that government is described as the creature of the popular will, and at the very moment in which that popular will has been signalized by repudiating either the state debts, or at least all taxation to pay them! Are there two totally distinct and opposite popular wills; two totally distinet and opposite popular constituen cies?-one which dictates bad faith to the states; the other which dictates good faith to the federal government? Are all the states members of the federation, whose "general indebtedness" the president deplores to be considered as utterly unconnected with the confederation in its collective character; and are the United States entitled to boast of their freedom from debt-of national faith intact and unquestionedare they entitled to plume themselves on superiority, in this respect, to the European governments; while the states it is acknowleaged are in debt, over head and ears; and what is worse, are making no provision for paying it! ** We have too great an interest in the career of a kindred race, to design hostile censure; but the best friends of sovereign nations, at home or abroad, are those who will tell them the [Globe. truth. OPINIONS OF THE ENGLISH PRESS ON PRESIDENT TYLER'S LAST MESSAGE. We have seldom had occasion to peruse a document in which feebleness of the individual by whom it is promulgated, and the foibles of the people to whom it is addressed, are more conspicuously displayed than they are in the last mes- It is not with the large monied capitalists of Engsage of the president of the United States. To as- land that the virtue of the rejection of the American sert that the American states under their free and loan rests, but with the million mouthed voice of the wise institutions are rapidly advancing towards the British public, that, setting aside all pecuniary conconsummation of the high destiny which an over-siderations, indignantly spurned such open violations LONDON, Jan. 3. In American stocks, there have ruling Providence seems to have marked out for of public and private faith which since 1836 has been some tran: actions, but in general for trifling them"-that the Americans have a government, been exhibited in the United States on a scale unamounts. New York state 5 per cent. at about 79 the strongest in the world, because emanating from precedented in commercial history. It may probaper cent. with dividend. Pennsylvania 45 to 47. the popular will, and firmly rooted in the affections bly tend to soothe and modify the mortifications Massachusetts sterling at 90 per cent. South Caro- of a great and free people, and whose fidelity to its en- which every right thinking man in the United States lina, ex dividend, at 87. Kentucky 6's at 70 per ct.gagements has never been questioned" and that the cannot help feeling, to attribute the failure of the ex div. Alabama dollar at 50; do. sterling at 55 name of Gen. Jackson was placed, by the defence of loan to a comparatively small number of opulent inper cent. Maryland and Louisiana sterling bonds are New Orleans, amongst those of the greatest cap. dividuals from some assumed interested motive, inboth offered at 50 per cent. and Ohio 6's at 67 per tains of the age-is to provoke a smile throughout stead of the true cause-the deep and universal feelcent. ex. div. the civilized earth, and to speak in a tone which is ings of the people of this country against such an the more ludicrous, because it is contrasted with open departure from integrity and honest dealing. the humiliating facts which even this pompous dis- Let the Americans, however, not deceive themselves course cannot altogether conceal or contradict. With for a moment upon this point. The public press of some few exceptions, there is hardly a paragraph in this message which does not convey some arrogant assumption very ill-suited to the present condition of American society and American credit: and, however reluctant we may be to pass a severe or unfavorable judgment on the concerns of our friends on the other side of the Atlantic, it is impossible to withhold the expression of our dissent from many of the propositions laid down by President Tyler for the edification of the congress and the nation. Among the sales of stocks in London were $50,000 Massachusetts' 5's at 89a90. They were of the parcel sold in Boston some time ago at 86.40, and 30 leaving to the operation a profit of some 8 per cent. Mr. Dunn, a great corn factor, at Wakefield, is among the victims to the sliding scale. He has failed in $1,500,000. The Leeds Mercury, without mentioning names, states that several more serious failures in the corn trade have taken place in the West Riding. The stoppage of the Yorkshire Agricultural and Commercial Bank, at York, was announced in the last week of December, and caused a great commotion in that city, at Leeds, and elsewhere. A meeting [Times. England has on this subject been literally the exponent of the public mind, and not its director; and, sinking all idea of party feeling and predilection with, a degree of unanimity which has not been evinced in the treatment of any public question since the commencement of the French revolution. [Standard. The president's message always commands attention in this country, and generally provokes controversy, the political opinions of the writers influencing, for the most part, their views of it. But on the present occasion the harmony is general; but it is the treble-bob-major kind of harmony-all parties join in its condemnation, and these peals of denunciation are not confined to the capitalists of London; their reverberations are heard all over the country. But as it is, there is not a newspaper, and hardly an individual from Cornwall to John O'Groats, that is not up in arms against Jonathan and his assumed want of moral rectitude. Censure, which is always sweeping, never does any thing by halves, and like Falstaff's regiment, republicanism, the institutions of the country, and the presidential office itself, have been pretty well peppered in this "moral war," for the sins of a few designing knaves in the states' governments. In another column will be found, taken at random, a brief summary of the opinions expressed by the leading London papers on this topic, and as we before remarked, the same uniformity of tone pervades them all. The other portions of the message have been discussed in a spirit of enlightened criticism. It is rather a singular anomaly that the same message which indulges in the most congratulatory tone towards this country arising out of the settlement of the boundary question should have been productive of the greatest dissatisfaction-greater, certainly, than any similar document since the war of 1812, now thirty years ago. [Wilmer & Smith's Times, Jan. 4. FRANCE. The Paris journals during the last month have been almost exclusively occupied with warm discussions on the Barcelonian affair. Espartero is not the man that Louis Philippe and his Bourbon interests are disposed to favor in that country. On Dec. 23d a royal ordinance was issued, creating a privy council to aid the monarch with his advice. This is regarded by the radicals as a new scheme to increase the patronage of the crown, and was one of those royal institutions that had been overthrown at the revolution of 1830. It is feared it may trench upon the influence and rights guarantied to the chambers by the charter, and the granting of the civil pensions it will require, will form a warm subject of discussion. The ordinance is as follows: Art. 1. Those who have rendered to the state, in high public functions, eminent services, may receive from us the title and rank of ministers of state. "Art. 3. When we shall think fit to assemble a privy council round our person, it shall be formed of-first, princes of our family having attained their majority in age; secondly, ministers secretaries of state in office; thirdly, such ministers of state as we shall call upon by special summons. American whaler, a boat's crew of which had been The question of the Oregon, a territory on the Pa- Havre and New York packets. The line of French a severe lesson to the states; for we are not convers ant with terms which can be, than those we have [Journal des Debats. financial condition, has endeavored to negotiate a The American government wishing to improve its loan in Europe. The attempt has failed and must have failed with the very legitimate distrust which In support of his plan (of exchequer) Mr. Tyler the follies and bad faith of the Americans, in matters refers to the extravagant emission of the local banks of credit, have every where inspired. President Ty- of the union, which has brought ruin upon the public ler is astonished that the European governments credit and bankruptcy on several of the states. We which have a considerable debt find it easy to borrow, do not know whether the proposed plan would effect "Art. 2. No one can be appointed a minister of while the United States, having a debt of scarcely the aim as well as the president supposes it would. state who has not been a minister of state, chancellor $8,000,000, behold all the exchanges shut up against In any case, says he, might be modified, amendof France, president of the chamber of peers, presi- them. This apparent anomaly may be easily ex-ed, repealed by the legislature, if it failed to answer dent of the chamber of deputies, marshal of France, plained. The states which enjoy a solid credit in expectations. According to our opinion, an assay in admiral, ambassador, grand chancellor of the legion Europe are those which do not create bankruptcy for matters of finance is always a dangerous thing, of honor, first president of the court of cessation, pro- their creditors. Who could, on the contrary, dream and an unfortunate scheme draws after it consecureur-general at the court of cessation, first presi- of loaning to the American union, after the scandalous quences which cannot be foreseen. Congress will dent of the court of accounts, procureur-general of bankruptcies of many of the states. The part of the then do well to bring the most scrupulous attention the court of accounts, vice president of the council of message, which at least we may praise without re- to the examination of the exchequer project, and not state, governor of the Invalids, governor-general of striction, is that which treats of the negotiations to to vote for it, but in the perfect knowledge and comcommander-in-chief of an army, superior command- which the search question between England and the prehension of its possible operation. Better again ant of the national guards of the Seine, first president United States has given rise. President Tyler ap- an adjournment, than a hazardous and premature efof the cour royale of Paris, procureur-general of the proves explicitly of the proceedings of General Cass fort. The future presidency will probably be warmcour royale of Paris. with France in order to prevent the ratification of the ly disputed. Mr. Tyler seems to renounce being a treaty of 1841. He encourages us moreover to fol- candidate, and against Van Buren, to lean in favor of low the example of the United States and to pursue General Cass. On the other hand, it is assured that the repression of the trade without alienating the in- he has promised his support to Mr. Calhoun, the redependence of the national flag. Will this advice be presentative of the loco-focos of the south. What followed by M. Guizot? [Courier Francois. we behold most clearly in all this is, the certain triSome years ago the United States were enjoying umph of the democrats unless disunion creep into in Europe a fabulous credit. Why? just because their ranks. Whomever the next elections shall they had faithfully paid their ancient debts. Their carry to power, we shall applaud his nomination, if good faith could not be questioned, and as their re- it is not, as Henry Clay, the damned spirit of the sources were known, loans were made to them with whigs, or as Mr. Tyler, the inconsistent chief of a eagerness. But in respect to their new debt, they juste-mileu party incapable in America of realizing, have no longer manifested the same dispositions. At as does every where else such a party, the happiness first, most of the individual states whose debts in to- of a country. tal amount to about a milliard, have ceased paying There is a remarkable paragraph in this part of their interest to the holders of their stocks. Next, his message-we mean that which it closes, and in The National states that the deficit on the French this suppression of payment is changed, in some of which the honorable president expresses a hope that budget this year will amount to five millions sterling. the states, into a voluntary and fraudulent bankrupt- arrangements upon the same bases may be entered General Bugeaud's expenses, it says. are much great-cy. There are found persons, who have maintained into by other powers. We fully concur with these er than foreseen, and what, with building steamers, not only that they had the right, but even that it was views of Mr. Tyler. The rules laid down in the donations to rail roads, the expenses, independent of fair, to deny to the creditors, the reimbursement of convention of Washington are sufficient to expunge the extra hurrying of the fortifications, cannot be less the sums loaned. This theory of repudiation had made from the ocean the dealing in slaves, and have the than 1,400,000,000 francs. numberless proselytes, and without shame it has even advantage of not introducing into the maritime code been proclaimed in manifestoes emanating from pub- any new principle. This appeal made by him to the lic personages. This scandal has not been occasion-powers of Europe in general particularly applies to ed, it is true, by the central government, but how can France. Will this appeal be listened to? Unhappily confidence he reposed in its good faith, when such it will not. M. Guizot has felt himself obliged, in scandals are tolerated around it. How could its order to make a show of a disposition to accede to credit be maintained, when congress refused to re- public opinion, to apply with timidity to Lord Aberceive the proposition made by the president of plac- deen for a revision of the old treaties in the sense of The Paris Moniteur of Dec. 17th, officially an- ing the national domain in guarantee to the creditors the American treaty, but we know in what dogged nounces the occupation of the Marquesas islands by of the union. What has happened, was inevitable. It terms these overtures were rejected. If, therefore, Admiral Dupetit Thouars, and his having hoisted the is what is gained by failing, even for once, in fulfil- the chambers do not interfere, the statu quo of which standard of France on two groups-Marquesas and ling obligations that have been contracted. The pre- we have so much reason to complain will be mainWashington. The report of the admiral states that sident recommends congress to adopt the most pro- tained, and we shall have to undergo the humiliation he landed, and the French flag was raised on the Is- per measures for placing the treasury upon a respec- of seeing the United States boasting of having, in land of Tahula on the 1st of May. This was done table footing. Nothing in truth is more urgent. It their negotiations with England, avoided a peril and with the consent, and at the request of the chief Ye- is to be hoped that the lessons of experience will not an injury which we are still compelled to suffer. tetete, who was in apprehension of an attack from an be lost. [Presse. The notes of preparation for the meeting of the chambers are sounding. Among other questions will be the Franco-Belgic customs union, the beet root sugar, the search question, and the affairs of the French colonies, and the relations with Spain. It is supposed the ministry will submit a bill for the partial suppression of the beet root sugar, so as to favor the colonial cane interest but allowing an indemnity to the domestic producers. On dit, that the second son of Duke Ferdinand of Coburg Kohary, the Prince Augustus, is about to marry the Princess Clementine, daughter of Louis Phillippe. This will still further strengthen the fa mily connexion which exists between that of the citizen king and the house of Coburg. [National. [Constitutionnel. RUSSIA. A serious misunderstanding has arisen between Russia and the porte respecting Servia. An angry correspondence had passed between the Russian ambassador and the porte on the subject. The final | answer of the latter had been transmitted to St. Petersburgh, and there the matter rests for the present. The Leipsic Gazette repeats the report, as prevalent amongst the Danube countries, that the emperor of Russia had chosen the duke of Leuchtenburg, his son-in-law, as chief of a new Byzantine empire, of which he meditated the foundation. Prussia and Austria, it was added, had given their consent to the plan, upon the condition that Austria should have Moldavia and Wallachia; and Prussia, Russian Poland, as far as the river Bug; while Greece would receive Thessaly, to consolidate it better; and the commercial league have the liberty of commerce as well as Austria on the banks of the Danube. This proves that the pulse of the Europeans does lowas, We Sacs and Foxes of Let the American tariff remain. Let us have the benefit of that reciprocity in trade which it is as last insuring to us, and American credit will speak for itself in a little while, and for our country and our countrymen too in every corner of the world, as it did before we abandoned the true American policy, thereby bringing debts and disaster upon ourselves. Honesty, frugality, industry, enterprise, and the naCircassia. Accounts from St. Petersburgh state that tive energies of our soil and our republican system, several Polish regiments, engaged in the war against are the substantial bases on which we rely for a rethe Circassians, passed over with their arms and bag-storation of credit and comfort to the country. Let gage to the enemy, and fought against the Russians. us adhere to American interests, sustain American It is said that they committed dreadful havoc on the lat- industry, encourage one another, forego foreign foolter, and that their vengeance was terrible. So Po-eries-and foreign entanglements-avoid domestic land still lives. The affairs of the Circassians are re-humbugs, resort to no artificial expedients to create gulated by Polish exiles. Five large steam frigates, a fictitious credit again, and we will soon win confiit is said, are now building at Blackwall, London, for dence;-aye, as much of it as is good for any people. the emperor of Russia, to be used in the Black Sea But we are told that the revenue will be found for the prosecution of the war against the Circassians. One of the steam frigates is now completed. deficient. In the first place we doubt the accuracy of this prediction, provided congress performs its duty in economising as much as in its power. That the receipts would of course be very severely affected by the prostrate condition of trade and credit, every one must have known. That they would be still more affected by the general expectation entertained in Europe and fostered by their partisans and agents resident in this country, that the Americans would speedily repeal the tariff and allow their commodities to come in free of duty as before-and that under this expectation as little as possible would be adventured by any considerate trader, is equally obvious. The revenue that the tariff would produce, can hardly be judged of by the receipts under such circumstances as these. These impressions must be removed, and trade and confidence resume a custotariff must be secured, in order to judge fairly of mary tone, and a sense of the permanence of the the result of the revenue under the tariff. NATIONAL AFFAIRS. FINANCES-CREDIT OF THE COUNTRY. The financial project recommended by president Tyler in his annual message to congress, though urged by executive influence, and on the feasibility of which the secretary of state in his recent speech at Faneuil Hall expressed such unqualified confidence, has most signally failed in congress. A proposition to amend the exchequer bill or to substitute something like the sub-treasury therefor, obtained a formidable vote-105 yeas, to 115 nays-the immediate friends of president Tyler voting in the affirmative. The exchequer bill obtained but 13 votes in its favor, to 193 against it. This will probably terminate the proceedings of the house upon this subject for the present session-unless, indeed, the senate shall agree upon some project and send them a bill for consideration. But if the revenue should fall off-if government do obtain a less amount of duties than heretofore, what is the effect? The people have the foreign bills to pay-the cost of the goods. If five millions less of revenue is collected, twenty-five millions less of foreign articles are to be paid for. Twenty-five Though an unfavorable result was generally anti-millions less of foreign debts are incurred-or that cipated on this bill, yet few expected so decisive a vote. much of foreign debt is discharged-and that, by the Revenue can easily be provided if it is ascertained The composure with which the announcement of this result is received by the country, and especially by the business and money communities which it might be supposed so materially to affect, is quite remarkable. Placing the prospect of the success of any financial project so remote, as this vote would seem to do, we might have expected quite a sensation to succeed the announcement; especially is it usual for public stocks to be depressed, and prices to fall, upon the failure of any financial proposition urged by an executive. Not so however, on this occasion. The whole community listens to the result with apparent composure The money circles, from Wall street to their widest circumference receive the information of the president's financial project having utterly failed, without the fluctuation of a fraction in the stocks! Nay, so far from a consequent depression, it would seem as if confidence rebounded on the instant. We learned one day that the exchequer bill was negatived by an overwhelming majority, and the very next day brings us information that the whole of the balance of the loan, which the agent of the treasury had for months been peddling through every money market of Europe VOTES FOR UNITED STATES SENATOR IN THE INDIANA without getting a solitary bid for at any price, is taken in the New York market at par-five and a half millions of dollars. APPOINTMENTS BY THE PRESIDENT. Samuel Leech re-appointed receiver of public LEGISLATURE. 72 75 73 73 70 69 1 3 2 2 76 1 1 5 1 4 Pawnees, Camanches, Pagans, 476 Appachees, 7,000 20,280 470 Crees, 800 Arrapahas, 2,500 2,348 Gros Ventres, 3,300 414 Eutaws, 19,200 3,788 Crows, 4,000 1,606 Poncas, 800 1,600 Arickarees, 1,200 Cheyennes, 2,000 1,000 Blackfeet, 1,300 12,500 Caddoes, 2,000 19,200 Snakes, 1,000 1,800 Flatheads 800 Although it has been determined by the court that a written defence of my conduct, founded on an examination of the evidence that has been adduced is unnecessary, and under the circumstances, inadmissiBalloting, 1st. 2d. 3d 4th. 5th, 6th.ble, I trust that the court will not refuse to receive Tilghman A. Howard, (V. B.) 74 74 73 73 73 I from me a brief statement of the reasons that produc New York, Fhiladelphia, and Boston papers, all Oliver H. Smith, (W.) ed the conviction in my mind, on which I acted, that indicate an improved rate of nearly all the stocks. Edward A. Hannegan. (V. B.) 3 the execuiton of the ringleaders of the intended mu It is obvious that money is now secking safe invest-Joseph G. Marshall, (W.) William Hendricks, (V.B.) tiny on board the Somers was necessary to the prements. Large sums are laying idle for want of em- Jonathan McCarty, servation of the vessel. It is true that these reasons ployment. The banks are complaining for want of Necessary to a choice, 76. may be collected from my report to the secretary of business paper to use their capital. Specie continthe navy, which has been read before the court; but ues to accumulate, and it is stated that there is now INDIANS. The last annual report of T. Hartley they are nowhere stated in connection, nor with that more specie in this country than there ever was be- Crawford, commissioner of Indian affairs, was ac-distinctness and brevity that are necessary to impress fore. Of that we doubt as yet-but it is coming.companied with a table containing the present num- their force on the minds of others. My report to the The American tariff is operating. Exchanges re-bers of the Indian tribes within the limits of the U. secretary was intended to be a full history of all the main in our favor, notwithstanding the late heavy States, on this side of the Rocky Mountains, as far proceedings on board the Somers, for his information importations of specie from Europe. The latest as learned by actual census or by estimate. From it alone, and was far, very far, from being framed with quotations were 3 to 4 per cent. in our favor on we glean the following summary. any direct view to my own vindication. |