sernmcmt-of honor and courage than wag then exhibited- The lionest payment of d >bt?the Iiomely duty of private life was elevated by its universality into a senti. meat of national honor, as the whole coun-! try in mass pressed forward to its perfor ! mance, as to some sacred and patriotic : obligation. Whatever could be paid, was : paid instantly and cheerfully j what it was impossible to pay at once, was secured ' wi lt ample interest for the delay, with an utter abandonment of mere selfishness, and a disregard of any pecuniary sacrifice ne*! ccksury to fuifil their engagements. Ac* j cordingly, the manner in which the United i States have settled their immense com-; ?nerc:al debt to Europe is a lasting monu mcnt of their integrity. No country could have better perlbimcd its duty. Even in' the calmest moments of prosperity such a' settlement could scarcely be imagined us : was accomplished amidst the general wreck a r 11 !. 4, ; A , "j ! }j:i i contusion 01 au us greai interests wun wijicii rtio country was afflicted. The consequence, is that the general credit of the couwry never stood higher than at this moment ; for it Ins now earned n distinc:itic:ion entirely exclusive and characteristic ?that while the Go\'ernmont of the United States is the only Government on earth that has ever paid to the last cent its national debr, tlie People ofthe United States have discharged their private engagements witii an unexampled fidel ty. A civil glory this, worth a thousand victorieslithe inidst of these troubhs the char, aeter of our institutions was threatened by ' a comhina ion of politicians in Pennsylvania, <% In endeavored to establish, as the b.isis of American legislation, that a charter or oili'M* engagement made by any S:ate Leiri slaturo was hahle to bo annulled by ?ny subsequent Legislature?and stili more cflecunlly by any political meeting called a Convention?which is only another form of extraordinary legislation ; and an attempt was announced to carr that dogma into effect at a Convention then approaching. The assertion of such a right by the S ate Government to annul u!l its engagements to foreigners, put forth at a moment when the country was laboring under a temporary inability to pay i s debts, was calculated to destroy all ccuft-h nce iu die integrity of our American institutions, and I therefore said to von in mv letter?" This must not ! v * be. It must bo decided whether this Pen- ! nsv.'vania of ours is a virtuous conimuni- i tv, or a mere society of piund- rs. Nor will the honor of the State be relieved, ei. ther at; home or abroad, from the stain which a few small politicians wish 'o fix ! upon her, until the Convention adop s some i i .1 i solemn oeciuruiuu mm mt-re is uu j.u.vi i ( in this nation capable of violating the sa-1 ered engagements oftheSta'o authorities.! That should bo done ; ant) if any < (Torts of; mine may avail, that shall be done. Tor , the honor of this Stale, lor the character J of her sister States, and for the stability of ; cur popular instilutious." I Accordingly, when th? Convention met,' one cfits most decided acts was the following resolution, piss.d on the 21st of Nov. 1 ember, 1837 : " Resolved, Tiia* it is the sense of this ' Convention, that a cli irier only granted eno'er an act of Assembly t > a bank or o'her . private corporation is, when accepted, a contract with the parties to whom the giant; is made. And if such charter be unduly ! granted or subsequently misused, it may be avoided by the judgment of a court ofjustice * in duo course of law and not otherwise, unless in pursuance of a power expressly reserved in the charter." The obligation of the State Legislatures : 1? fulfil nl! their engagements made with j foreigners, and the nnxicy ofindividuals to 1 pay their foteign debts, being thus es'ab- J lished, the next care was to enable both to } comply with their contracts at ns little sac. : rifiCe as possible. !t was due (o foreigners j that every debt should be paid ; i: was due ! to ourselves to make the ukm oi our re-1 sources in the settlement. Now these re. 1 sources consis'ed mainly in the public se- ! curities, and the-s'aple productions of the ! Country. The shock of suspension wou'd j of course sink both to the lowest point of: depression, and it seemed expedient :o save j them from sacrifice by two measures up. ' plicable to each. There Can scarcely be any form of so- ; curify more safe than the pecuniary engage- 1 mentsof the States. They have a tuost luxuriant soil, vain ible products, infinite na- ' tural advantages, untiring industry in de? ' veloping them. They have every thing j hut money ; and for that they are able to pay, and willing to pay, much more than the less i ptoduciive industry of Eufope can afford i, to pay. Their loans, too, instead of being !. wasted in wars or extravagance, go to the I; direct improvement of the borrow ng States; j so that there can be no b< t'.er application cf , fiie means of any European capitalist than >( to double his income by American invest- I ments. Yet all these requ re knowledge,!, local information, the means of exciting', confidence ; and it was thought most ex_ !' pedieni to establish an American ogvncv in (} * i '.i... i JjoncJon, as me common ceuiru anu mo j general support of all American securities, i where, in addi ion to the appropriate bust- j ^ ness of the Bank itself all the public and I j corporate stocks of the States might find j jf shelter and protection. jj In hke manner the derangement of the f j currency placed the staples of the South en- ! tirely at the mercy of the foreign purchas- j e, er, who could have dictated the terms of j | sale to the prostrated planter. It was J ' thoughf proper to avert that evil making ad- j ^ vances on Southern produce. This had i two effects. The first was, to provide re- ; mittance to pay its own bonds in Engl md ri issued to New York merchants in their ex. ? treme distress : for, as the Bank could not ! of course pnrchase these staples, it made ' advances upon them in the Soutli, icceivir.g in exchange bills on Europe.? ( cc The second clTeet was, to introduce i tin into the market u new competition, and i ^ thus prevent the unconditional subjec- j . ion of the planter to the foreign purchas-; <_r. These advances were maoc not, as ui P' -o ,r:uiv piJfccoa! se."!M'i;v of trie merchants, which the confusion of all j f private credit would have rendered too haz- j t ardous?but on the actual shipment of the ! j produce to an American hor.se in England,; willing and able to protect American prop..; erty from the reckless waste with which it j has been too often thrown into the market j with an entire disregard of ail American in- j tercRts. The combination of these causes? j the application of * apital on this side, and the prudent reserve on the other?has saved to the planting interest an amoun j which i: is difficult to estimate below ten or! j fifteen millions of dollars. I believe, too,) that nearly one-half of the commercial J , debt of this country to Europe has been j ( paid by tho mere difference between the ac- f tual sales'of the securities and the prices j they would have realized had ihey been thrown unprotected itro the hands of Euro- , peans. Tncse measures were essentially | of a temporary na'ure ; they w<:r.; measures \ of emergency, adopted in the midst of a < ! public calamity, and to be discontinued , I with the nccessi y which caused them. A? < . soon, therefore, as the capital and in iustry j j of Urn country had lime to subside into i | ' their accustomed channels, these opera ions j \ j were relinqu shed, art J now t:ioy have to- i i | tally and finally ceased. i ! Iff. During these movem-nts, it became . ' important to unders'and distinctly the course | ! of the Government. In my letter to )ou of j i : the 6ih of April lust, I stated my " convic- , ! * tion that there cou'd he no safe or porma- jj ncnt4 resumption of specie payments by the : j banks unt ! the policy of4 ihe Government j i | towards them was changed.M Ti.is change j ( was soon and happily made. On the 3:>tli j ; of May, the specie circular, requiring pay-j | rnpn's m co:n in the Kind offices, was re- , pealed by Congress. On the 25th of Juno, I , the bill called the sub-Treasurv, requiring | i coin in all payments to the Government, i j wns negatived* In the month of July tin; . ; Govrrnmont ogivcd to receive au nntscipa. ( i ted payment of the bonds of the hank to the ; the amount of b 'tween four and five million* | ; of dollars in a credit to the Treasurer on ( i the books of the bank, and arrangements | were made for ihe more distant public dis burscmcnts in ihe notes of the hank. Th *so | arrangements, as honorable to the Excu, tivc officers as they were beneficial to toe ( public service, brought th Gov. rnment into ; efficient co-operation lor the re-es'ablish- [ t ment of the currency, an 1 opened the way j ( to a resumption of specie payments. Th3t i i resumption accordingly took place through- [ I out the Mulle States on h-1 13m of August, 1 ( and in many of me Southern and Western ! ! v I S a cs soon after. j [ V. It remained only to aiJ some of the ; SouthwesternS ates lor t ie same object. : Their activity in extending their pub ic nnd I priw.lt; imj moments had made them dob. j ( tor States, and depreciated their currency ' < by its excess. I5'U thr,v had abundant re- j | sources and perfect willingness to p.?y ; and i i a'l that was nee led seemed io be n longer j r period to recruit their exhausted ni a is, so i as to derive from the approaching crops*, by t a short anticipation, abili y to meet their u engagements, i lie tJanlc ol the United ! a States lias used its utmost endeavors for j ii tint purpose, by making advances to t?se j amount of many m llions to the banks in ! t these States ; a i of whom will, it is presum- J ed, by the mon'li of January, resume spe- j cie pnynieuts, and thus complete the circle of resumption throughout the whole Union. ; And now upon reviewing the events j which followed the suspension, it is a j source of great gratification to see that all j, that it was designed to do has betn done. | ( It was proposed to protect the character ' { of the country from the first shock of the J p suspension to efleet the honorable discharge i v of our foreign debt wi ll the least sacrifice of j the property of the debtors?to vindicate the ] good faith of the S:ute Legislatures?tod is- Q courage all premature attempts to resume r --bu\ by a cautious delay for those State? ^ which were less prepared, accomplish a un:- ,| versa! resumption. All these are done, and ; r the troubles of the country have happily i t, ceased. Ia Of llio future it is difficult to speak ; u: ! c in that future, the Bank of tho United S a es, J will no longer occupy its past positions j n The Batik of the United States had ceased j p to be a national insti ution in 18-33, and j ]j was preparing to occupy its new place as a : p State bank, when the troubles of 1837 ' forced it in some degree back into its old ; n position ; and it then devoted all i s power to 1 ^ assist in carrying tho country unhurt j p through its recent troubles. Having done ! t| this, its extraordinary duties ceased. For; rj the future, it abdicates this involuntary poiv-jv er : It has no longer any responsibility to ; [3 the Union. It has no longer any.contro-1 R versics with the Government or the Union. ! ;i ft now desires only repose, an I it will take j j,( s rank hereafter, as a simple State Institu. ion,devoted exclusively to its o.vn special j ja toncerns. j I r juice, too, tliat this new posi.ioii of, m he bank absolves me from many cares j jn rnd duties. In the general confusion of < a] >ublic affairs during the last two years, it! (j, las been my lot to be more prominent lhao ' as ny own inclination prompted, and often in, 0 assume a station which would have belter itted others. But public calamities justiiy m, lie apparent forwardness thev require, as reat dangers are best met by defying VV? lent. My task is now ended, and I glad- | W{l r withdraw from these responsidiih'esJ JCS arrying with nte the only satisfaction I | n|)( ver sought in them?the consciousness of! to , avi g .one my <'u.y to the country as a | pja Dot. ?i. With great regarJ. yours, J ,j0J ;c. out N. BIBLE. Ba To the Hon. John* Qcincy Adams. tj1;j Washington. the TflE MAIL CONTRACTS. j [jJe This being a subject which so much con- it \ rns both the interest and convenience of niai e public, and one which has, in some 'y r ;ices caused no little complaint and ex. enc 1 was cmcnt, we make room for the follownig e(j f pers. The first is from the Post Master and n^ra' 'o two of the m'Tiibors of ','?n2resc ' "?'cd rom North Carolina, and ihe other from j! he President of tl?J Fredericksburg and 1 Richmond It tilroad. l'rorn the Raleigh Standard. Post Office Department, > j Dec. 14?u, 1833. ] Hon. M. T. Hawkins, and ) II jn. YVm. Montgomery. $ IIjusj of Representatives. Gen'lemen :?i have just received vour otter of t:tis date in which you say :? " Wo have been informed that the daily nail 4 service fiom the Roanoke to Ralegh is to b.* discon'inuod, and tri-weel;ly service substituted in its stead, faom some ioint on tin Wilmington Rail Road, &c." In reply I have the honor to state, that the information given you is unfounded in j ran, and vvholy misrepresents the intuitions of the Department. As stated to ono j you 6Drne days ago the Depnrment has | ao thought ol depriving Raileigh or Fay- ' Mieville of a daily mail. From Railegh south to Augusta Geo. [he bids for carrying the great mail, after! trie 1st of January next, were, under both | the regular and supplemental adveitise- j mcnts, so cxliorbitant in the compensation ! asked , as to forbid their acceptance.?The i bid of the Gaston and Rnileigh Rnil Road 1 Company was deemed not unreasonable.! and was accepted ; but that company re. ; f.s d to enter into con tact, unless the De. j partment contracted also wi lithe Rail Road , 3 mpanics in Virginia with whom ihey ! 20 nect. Tno b ds ol those Companies I weie inn Imissible in amount and tramelled ; by c mditions to which the Department j coui i not lawfully accede. The Depart-j menr was compelled by these circumstances to turn its a tention to the Wilmington Road j for means to transport i:s great mail, and ' an arrangement for that purpose was soon j effected. The manner in which the daily mail is j [o be sent to Rileigb. and Fnyettevilo is j Ibe only matter, not adjusted. If, .is is now , probable, a contract shall be made with the Virginia Roads, it is the purpose of the Depntm nit to offer a suitable compensation o the Gaston and R uleigh Rail Rul Road i Conipanv, to carry a d tily mail, at a price is libertd as the reduced weight and imporancc of tne moil will justify. If they reuse, the Department will send the mail j cnmi> nllinr nnml On tllft PPOat lillri ! I >u: from what point or by what means of ; lonvey mce it cannot decide, until the cost | ?nd all collateral circumstances shall be | cnown. IL promises the people a daily j nail; but docs not intend to comply with ? mv extortionate or exhorbitant demands of iidJers for the s Tvice, be'ihey Rail Road j 2oirjnnies or private individuals. Nor! lo 's it in'Ciid to be frightened into com- ; vliance with such demands by any excite- j nent which balers for the service, or others, } mty be able to get u*. by misrepresenting ; ts views. It believes the permanent inter- i ssts of the people secured, by resisting sjch ittempts upon its funds, although it may be | iccompanicd by some temporary incouven. j c?ne<\ You are authorized to make any use of ; his letter which you mav think proper. Very tespect fully your Obedient Servant ! AMOS KENDALL. From the Richmond Compiler. The following statement will show the I, latere of the difficulties between the Peg? 11 Jfliec Department and the Southern Rail., toad Companies, in regard to the trans- | loriion of the mail, and the condition in ; , vhich the negotiation now stands. '. By the Act of Congress passed July, j, 838. every rail ro'd within the limits | if the Uni ed States is made a po*t j ] oute, and the Post Master General is j ) " cause the mail loj be transported : ( hereon, provided he can have it done on j. casonab'e terms, anu ^ paying more mm i, iventy five per centum over & above what ! c similar transportation would cost in post ! ( oaches." ! ( The Iranspot'ation of the mail by raii i * oad is to be atluast twelve miies an hour, j ( ' rom the termination of the Rail Road [ ? no in North Carolina to Augusta, the c 'o-.t Master Generul endeavored to get a le mail carried in post coaches s?ven : r liitsan hour, hut was unable to get pro- j ( csilsto carry it at that speed (or a less | v rice linn 8275 a mile per annum. Ifto:c lis vers added the 25 per cent, for ihc 'p die ence to speed between the seven and c v. Ive m'lcs, it would make 8343 75 cents, p ut the proposition of the Southern Rail , \ oad Companies was to carry it (or 8300 q mile, being the pi ice for rail road trans* 6 artntion n rth of Washingion city. ' n The Post Muster General objected to n king as a criteiion tiie sum asked for car- )S| *ing the mail south ofthe rail roads, seven t| iles sn hour, because be bad declined muk- ; s| g a contract for that speed, and he objected j sotoibo compensation paid to the Rail j g >mpa?jies north of Washington being taken j s{ a goide. Between Baltimore and Wash- ! si gton it was admitted that tiie compensa- | ai m was 812,000 a year for carrying the nl forty miles; but there, the Post Mas- at General said, were two moils a day to a :icn it was answered that the second mail 1 u-j is a mere local mail between the two cit- j , Jike the second mial be:ween Kichmond ) jg J Petersburg, and uot equal in importance tlie western mail which it was contim-!jf led to carry from Richmond to the junc- I a w th the Louisa Rail Road, with- i : any additional compensation. Between I M Itimore and Philadelphia it was admitted j t there was no second daily mail, and j pn compensation $27,500 a year for a dis. j I in ce of a few miles, more than n'nety, hut j in? mail was said to be heavier, to winch nei vas answered that the additional weight j thi de but Utile difference, and was certain- I agi tot near so material as the great differ- j go e in regard to hours. There the mail: ; carried in the day time, at certain fix-1 lours, agreed upon by the Department; the Company. Here it was to be car-. n? any imur which might be prescribed J Vc V by the Department whether (lay or n'ght. This was doemeJ a very material nifFereoeo i ?so material, that the Southern Rail Road i Companies expressed a perfect willingness to tuke the mail for I he ?237 50 cts. offered by the Department, if it were carried by them in tne day time. The criterion of compensation fixed on by the Post Master General was 'he average cost of transportation on the great mail line wes\ That average he said was $190 ^ o per mile, to which adding 25 per cent. made tin? 8237 50 offered by him. The Companies thought ir would be fairer to take ns a criterion :bc cost of mail transporiution seven miles an hour, in the same section of country with ihe rail roads, instead, of taking as a guide the pay in the western countn. But they said fuither, i that if the western lines were resorted to as j a guide, they thought tliat portion of it) should he looked to on which theexpedi-j tion was greatest, and for which the compensation was highest. Between Frederick and Cumberland, a distauce of ninetyone miles, Ihe compensation was 8281 per mile, and if to this were added the 25 per cent, for the difference in speed between seven and twelve miles, it would make S3511 a mile per annum, instead of $300, the sum charged. Besides the question as to the par icular 1 rate of compensation, there were otherj questions in regard to the connections for; the travel. An important line of travel to J the South, to wit: That from Charleston j by way of Wilmington to Gearysburg near the Roanoke has not hitherto been a mail i line. Gearysburg is tho point at which j the Portsmouth intersect* the Petersburg j road : to this point there are two competing ; routes for the travel from. Baltimore ; one J by the Bay steamboats and Portsmouth road, and the other through Washington, Freder-1 icksburg, Richmond and Petersburg. ' As ! it was important to the companies that the travel should get from B.dtimon by this j route about as soon as by the other, and the travel could go no faster man the mail, | i was deemed important that the mail j should not be detained at the post offices on I this route any longer than might be necessary to assort. Ii was therefore asked 'hat | the mail should not be deiumed in W ishing-! iugton oity more lhan an hour and a half, i nor in Frederioksburk or Richmond more j than half an hour, nor in Petersburg more ; than an hour. It was stated however that if the department were to contract with the Wilming'on company tor a daily mail between Gcarsburgh and Wil. mington, any stipulations in regard to ihe, time of detentions might be dispense! with, for in that case the Wilmington company \ woulJ have to connect with ihis line for the j mail, and connecting with it for the mail, would of course connect with it for the trav-1 el. Whilc'tlic department objected to making ! the stipulations which were nsked, it has in j (act, made a contract with the Wilmington j Comp ny for u daily mail from Gearys-j burg to Wilmington, and thus removed the | greatest obs acle in the way of an arrange-! ment. Since that contract the Rail Road J Companies have been willing to' refer the | mere question of compensation for die mail j service to arbitrators to say vvh-1 mr the ! compensation should be S30J p' r mile, or! $*37 00, or an intermediate sum. But be. ! ing informed that the department would be | not Willi,it fri rofi.-r the nuestion. and the ! ......D ._ I ? ? j great inconvenience that tbe public would ! ?uj>tain if deprived of the mail facil.ties that the Kail Roads offered, being s'rongly; urged upon them, they have under the in. j lluencc of this consideration agreed to ac_ J :ept the sum of 8237 50 offered by the de- i ( jartnient, provided the connections for the j travel can be preserved. On this subject, i1 he only difficulty now existing is between 1 Fredericksburg and Washington. In Sep. ? ember last, a new stage and steamboat j | company was formed, which purchased out i he properly of the former company at val- i iation. Tnis new company has at very !' :onsiJerab!e expense put upon the line a ( ine steamboat and new stages and has 1 contracted for an additional omnibus at 1 Washington, and made other arrangement { or having n good line. This expense has 1 leftii nnrnunicred under an expectation of* I c :onnocting with (lie rail road for the travel, I iiid there are strong considerations of prop- 1 iety to induce the company to preserve * he connection with them.?In this there roul J be great awkardness, if the mail were arried in coneection with a different com- J any. It appears, however, that while the ontracls between Fredericksburge and the " beanoke are kc[)t open, that between " V; 'shington and Fredericksburg has been P losed, and given to two individuals who 1 late ?t to be their purpose to establish a ew line. It is hoped that arrangements | P lay yet be made by which the present! ? lage and steamboat company may get' 1 ic contract for the mail between Freder. burg and Washington at the price which ie department formerly offered them. w hould this be done, the companies have 01 ated to the department, that it may con- la dor the offer of $237 50 cents, a mile per " mum accepted. So far as the company is concerned, the P1 nount of mail pay is in any po:nt of view, very small matter. It is not $22 for the ? ip, and but little more than would bo re. ived from Ave passengers. The subject ? P i#w*?*/M?tQnrtn /?111 rv H tT ^ I il\? 1 (Jilt; UJ lliljiwi vificxiy LCwdusv ui liiu j convenieuce that the public would sustain i die mail was not can ied on the rail road. j a" I m From the Columbia Telescope. |G r. Johnston : of By my special request, Dr. EJlet.the able jffcssor of Chemistry of the South Caro- L; a College, has furn shed the accompany- pr< r answer, upon a subject inseparably con- for :ted with the interest and prosperity of inf 9 State generally, but particularly the p'< rieultural portion. Will you have the act odness, sir, to g ve it publicity. Very respectfully, !r'' JOHN DOUGLASS. prt So. Ca Coleege, Dec. 19th, 1838. lie por and equitable disposition of the PubDomain, is to divide the proceeds arising i in their smiles ammg the several S a cs t of ti e LJnnn, according to the ratio of the federal population. Resolvtd, That we do most so I?mnly protest i'g iii st the wi st -ful extra*agonee of the present A limn str ition, and - their pjofliga:e expoi dit ire of the public money, which n< t only creates a demand for heavy taxation in order to meet jl.e ex or. hitanl appiopr a ions of the General Go*, er: m nt, I ut wi ich tends to the corruption of the pi h ic morals and the degradation of of the national ci aracter. Resolved, Tnat the power and patronage of the Execunve Department of the Federal Government have increased to all I alarming extent, and ought to be diminish od. Resolved, Toat our Seaators in Coogress } will represent the wishes of a majority ot \ the people of this State, by voting to carry ) out the foregoing Resolutions, i Resoked, That the Governor of this r State be requested to forward a copy of ? these Resolutions to each of our. Senators . in Congress, with a request that they lay them before the Senate of the Uoited States* and one to each of the Governors of the i several States of the Uoion, with a request that they lay them before their respective i Legislatures. ' The following resolutions were also adopted in the House of Commons, the . R-high Star says, by a decided majority. f Resolved, That each of the United State3, f being a party to the national compact, pos' sesses an interest in the public land propor' j tioned to the federal population of each, or, in the terms of the compact, according to. r the usual respective proportions of the gon5 eral charge and expenditure. Resolved, That those States in whose favor Congress has not made apftfopriatiors of the public domain for the purposes of education, are entitled to such appropria. tions as will correspond, in a just proportion, with those heretofore made in bihalf of other Stab's. Resolved, That this General Assembly do condemn, in the most decided manner, > the bill now before Congress, proposing 1 to graduate the price of the public lands, 1 as an atlemp* in disguiseto cede them to the States in which they lie, at a mere nomif nnl nrinp. Resolved, That oar Senators and Repre. sentaives in the Congress of the United , States be requested to urge the claims of North Carolina to her portion of the pub' I.c lands, and to vote againts the bill now I before: Congress, proposing to graduate the 1 price of the same. 1 South Western Railroad and Railroad Rank.?The Chaileston Mercury gives the | following acccu it of what the Legis'a ure * did at its recent s :ssion for these insti.u* tion . Is An Act to amend the Act providing for ne guaranty of the State to a loan of tuo millions ot dollars. This Act provides hat this guaranty should be given from time to time, in proporton to the amounts paid on the stock of the Company, without I waiting until a suffiei 11 amount s tall le j p .id to secure the entire lo m of $2,000,000. j B a mther provision, the contract made j in London for the socond million, has been , confirm ?d. The greatest facilities will ' thus be oTered to the Company for commanding funds from ab oad, in aid of the : coutribu ions which may bo made at I home. | 2 . An Act to permit the increase cf tl e rates on the Charleston and Hamburg j Rail Road, so as to enable the Company to j put the Road in compl< to order. This ' measure is rendered the more necessary ; from the great increase in the business of J the Road, and the inability of tho Com pa. I l . C ... _!l .U- J.. . ny nMi ciojore iu tmuspun an niu piuuuc (and especially Cotton) which has been of., f r d, at the low rates heretofore 1 mi ted by ti e Charter. The con*emplaled * ranje* ment with the Post Office Department, for. < a*ryiog ;he great daily Western Mail oil ' the Road, in conjunction with a daily line | of Steamboats from Wilmington, gives pe. ' cu!iar importance to the subject at this: timrt. 3d. An Act granfingto the Rail Road Company such vacant lots in the Town of j Columbia, as may be necessary for the use : of ihe Road, their depositories, &c. 4th. An Act providing/bra subscription on the part of the State for ten thousand Shores in the Rail Road Bank, being the i same number ofShares held by the State j in the Road. 5th. An Act granting to the Rail Road Bank the privilege of establishing branches and agencies throughout the State. ? It. A Resolution authorizing the ap? pointment of a Commission on the part of th* State, to repair to Kentucky to meet the Legislature of that State, in relation to tho measures requiring the co-operation of that State. RALEIGH AND GASTON RAIL ROAD. We have been favored with information concerning the progress of this Road, which the public will be pleased to find keeps pace with the gen-ral solicitude for its success^ (t appears that there are 42 miles of the Raleigh and Gaston Rail Road in full ope. ration; ten miles more are cdtoplcted, with the exception of nailing on the iron plates, which operation can be completed, in a few days after the iron is in place; tho iron is in Petersburg and is coming out ?s rapidly as the great press of business on the road will allow. The graduation of the road is compltte to Tar river, a distance ol 55 miles from Tar river bridee is well ad* UlftOlUUl A HW ... vanced. The two abutments and two piers arc completed ; the other two piers are nearly so. The superstructure of the bridge, which is of wood, is nearly all framed ready to be raised. Of the distance between Tar river and Raleigh, all the portions of which thegradja: ion of the roadway is incomplete, token together, are less than five miles \ the titn