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A-4 a OLITICAL. , ? Extrat from the se ech of the Hon. F. H. Elknore, at the 'olumbia di.ner. "I entreat all nay fellow citens, who incline to that tremnendouseng iuof party, power and oppression, a U. States 13ank, to deliberate long; before they yield h a support. Of all the schemes ever itaent ed, to forge fetters for a free people. it is the most insidious; and of all the teau by which the Skauth has been cheated, op pressed, and enslaved, it has been t it mtst eflicient. Its advocates and ifriends, with few and honorable exceptions in publie life, are the supporters of 'I'arillt, Internal Improvements. and nil the Federal here sies which lend to consolidntion, or go to rmr the general Government with despotic powers. I beg your attention, while I trace some of its operations. . No Bank can now be chartered, which will not be a party lnnk. It is the 'Whig' measure, and is intended to put them.a into power, with all their latitudinarian 'amd dangerous pinciples; aud will be so lraned if.they succeed. as to aid in keepiug thea there. No iank can be made strong e. nough to do any odrl. that will not he strong enough to do infinite mischief. If powerful enough to regulate the eurrruney, and the State Banks, it will he powerful ono -I to destroy theypt at will. It wil be a re@t institution, capable ofreidering the sovereign actiion of the States null. for ifit can destroy State Rlanks, it is useless to say that it is asovereign power whieh creates thema. Over iiais institution you will have no pow-r. It will be irrespon sille. 'Ci:e history of' 1he old Bank will he long rietmbr"erl.' its trask was literally over broken Marc: Btaiks, and %t as wtl ered' by the wvidow anti irphan stockhlide, wio were ruine"d ;.ri !ankrupt by its se verity. The :,"m 1b::iaks were crashed to mnake room for it, and give eprnloyment to its gigantie ca pital. The distress umier which the suilerinL country ror:tued, while the United States lahyk was conluetinia the ctarrenv to what it calied a sound state, was too terrible to be anin endured. V ho namongst us, would renew sineh scees of ruin and ser-ow! f.hat, nhove all. wvho wonhli violate the constittion, to inflict this scnourge ag:ain upon(at the country? V. e have seen, that there is naro c.press power granted in the constitution, to make a ltank -nay, that it was asked for, and ryfused. To authorize its creation, its a1vn*at~ re sort to construction and imrplictli '.--a made of obtaining power, opposed hythe old Republicnts of '89 and '8, and mot! dangerons to be nflmit ted now. Qfnii pet. ple, we, of the South-the weakest, nni destined always to e the weakest section -should he !nost inilexibly opIosed to corn staructive powe:cs. 'o wiiem we owe, he tides the Bank. ''arill'- o4rcetioan, al internal Improve(rats, with all their rn ilos train of corrultton,. cxtravaganc. antd oppressint; ad btiy a iheit we aret hreat. cued with Abolitionist, Mai its borro. There i" no one po t er, li-oran t hich tha iaplicaton i apretniled to be atived: to awhich it. is no:it ly sarior ii irii ance and efleets. lier( is thting sa dangerous to the Southe ;t, adiaitin thil -"""'h , The saine rule % ill touch our Sl1ve nd ,'is,' " "'. itt o)rora foolr strictest itlwrence to r.i. t' "it ita'i our only sa f'rv, in thi, 1 tai! The i e - publicans of ! i r9, were n i-;' iien, antd as tihen et It s iis.i-t n ,-ti'e . -trrri t tiun. One eflf-et ft the olli-:..k. wa., rll cco. tralize trade in ihe Nrith. l., .'tiled there, it was, w ithi aill' its branches, N'rti andi1i South. Fti and West. tunder the (ntir. control of Director , n ho tn a re Nor'itia-rn tanen. livinut aiid haiving tei r intrsts :and f'ris, at thnth':I. Ina conre. a' ing its :a irs, it wasi natral ihe~s wothl givt :a pr h'rencr(e toe rheir 'Wi 5m-n (1ei in- and tatI : e'spec~tilly so, whlen. lby it, thety wouldt itt haance thirit pa'rofa . liy tail ,at' thet deu1a atecs, and accoinmtaations to'i, thi'ra mer an rth le i niternal tradue soaughaat laeira inarker,~~t.. New York. 'specilly. bec; ame 1ihe ctrr of' commeaairc--: tail seei rons tof the~ conl tray btectame her cinstomrsr aril excunagea tef corre we're tar'aad tto hera, iion-eat'll iree tionas. Every texchanmge opeu'.a iota lada its p-roair, tandt thet maor'e corpiU-ated mial man tipied~t, rthe morea't iprofit :am rse whIo coanal iaiinipliizte themr. With bairancheits every where; in m li bya mams of ithe reve'nte tie piosite's, ait e uniiitiver'sai tciitnlian andm crmedit giveni to her nteis, hv r h'''evw-rna anent, the ll:anki se'ized oin the exeiai m*ges, - is her .owni, montoliz ing the buit arsim..,'s, anidI ran nmen.,e p "''s. iaIn tis htusimiss it tolia'atted nao rivails, anid woou. to thle IStme4 flak wichi uiared ttoelaiation-ar thet Ljitn. cm shta're of th ia('potil Ve htave tne re 'aiarkale ini.towe. tfU1 e s 0 arde ofrthese nmmuents. poe,~sr.. ain !-2. nndi qute it, as illuastratma the peow t'rf'ul inf luenic'e of' see taf invest igat Iion a i hn dai bA priil, 1832 ina spaeninag of'tihe tlarmai ina hie ciounttry, tat the state of' ate foia n i tri'ale, f'romr hb' ex (cessiveC impijorta )tn oft the yetar before, "T'he peoint wheire' tese imnpo'raiatsN oc'enrr'ed, indt wheiure the revennme wvasay nhiite,wn'is at New Yorik. Th'ea whoitle force oaf thle istiturura n was, theeibre', direct, to str'engthleu thtat pelace, andt thte distant bar'aches wer a-it recrtted to av oid iniconai nmi thug it, tand the Atlbatie bi'rnches tanar to it, Lay dirafts 1pon4 alhem, baoi to pay their' baalanaces to them a h jl tas little delamy ais lhe coniveinince of theiir respeective ltocali lims wnionhIluperit i. Th'is is rthe whole poli cy of' the' bankI for' the itast s'ix. mioamb ls - lt wvill be seenm rt'eror runt, w itor a dimnatioun, theremt is an :aiual iincre''a'e taf butsirness ini New' Y'trk. tauna inre- im crease oft the domes.-t , biill ofel ihe ha nnet'es; thec metre'rse iin Netw Yiork iinag foar lae pinurose taf protecating. th Iimea arta thiee mnittantes f'rm te Wes't andi --;ao t, to tsustijin New Yiork atiilt uhe nr terna At - larntic br'ances. Ian the mettmitimeia, alit bank, ouat of' its ra ii..a'ais ;a .trua' souppiied, slic thte ist ofi Septttebr laid, the mants of' "au remitances, ini it., owti baills, to the amrtoanrt of' $65,295.74; 52, and pmartedl with its sui'pl us siecie,' to the anamunt ta'f 't3.0t0,t00; iu~ang tart nagre gate conatribtiioit to thet, commean(rce of'' 1(0, . J5,7]6 52.'' Can mhore conv~-incinig prooaf hae neededl hat athe late U~nimtd States ilanik had. bith' *ection; and that it did.avowodly in this in stince, inake all the restfO the union trib utary tp the deed?..' Lt us be ivarned how we- ever. again lodgp such power in an in-, sItution, so foregia to us in its feelings, and so uncontrollable in its power. The ex changes were equalized by it; but the?'e very exchanges were the fetters, in whlhh they hound you, with glittering, but ser vile chains. Located at the North, it made itself the heart of the commercial system, and throughout ,the exchanges, its arteries drew to it the wealth and resources of . the Union. The public detposites . s -elled these . currents, -nud secured to M the ituinense profits it re ulized on this gigantic monopoly. Re utorselessly has the Goverment taxed you, but more remorselessly has its tax gath erer, the Bank, ground you in the collec tion. In 14 years, the President admits. it drew from the South and S3outh West in specie, 6.24,,:37 94, for the Mother Bunk, and tha runch at Now York. and son: hack on $807. 472;" while at one oapciationa, they-loaned to Now York, $5, UO,O0U of specie, ustain her trade. Tw time I he olI ft consumed, and that which I tO4 l5et'e 'ioy, forbids ie to trace all the details, .l which this fatal Bank, aided as it was by the unequal rand unjust exactions of the Government, un erniined yourconitnerce, until it perished * west into) nothing, tial transfeu red it, and .ieprofits.' to-itr-,wn cwplc', and -its iwn esection. They have ieen powerfully leveloped by in ablier hand; and,I would r:ter all who desire to prosecute this in eluiry; to a report male by the lion. Fran ts Mallory of Virginia, to the Contvettiofl or :d a'rthants of that State, assembled in Rtichmuond,inst winter--a doeutnent abound ing in statistieil informati.n, oianioi f'romi aule .;itc soreet., and piiactd in the thost insictrlivo light." 'eo .Re port of' Committee of Ilouse of Rep resentatives, le.d2. pages : o5 to s. 'rom Ike uuth Larolinian. 'icoNo3r AND 1Z .:rtU:.N:i-.:T.-Thie pre-;ing danger no thel Adunnisaratioin. tnd the ontIt, nt this tine, is to be found in ahe lisni; ae I h' ( ,overnent. The r.v nne is J.ereas':i ta et'r the op:cratious of le Comilmiiitiisei Act, and rapidly coa In;; town to 4ie contitutioal and neces sary w aants otft ( overuntent, w bile no torrespohntog elhrts have been made by the Admainistraton, to reduce the expen ditta. es; tal the op position,apparenly lore *e.eing its men4 p aomt, hatis hahored to the pttmot to brIng the tmatter to a crisis, by volting I:are appro,riatioins, and tat the Stane inlcstruagtan to withhold time means of tmeeting them. Iis principles and poli cy, too, tare in favor fit a protective 'T'arill' ,fair. 1 ebater, and ,everal of the leadin., |luhi pressts fhavei indliected a d'terumt :anonh to viohlet he" Compl rouniae Art, ;fnd alventte a re'a wail .at tha: pritietive ein und, by pre in, expenrtditmers. ai holdling Muli d.:s. I ey h"ope' to embalar nt , dlis!!rare," ats.? breaki dlown the .\I aenma:,trati, 11ail .it thite .ule ittle crme' a neuce.-iay tor hihe'r duties, or a iFederal di""i. 'I'he coiatinita:lly iil creasina dir. at r'. et w. h een the re'eipits ait diaburseten:s wesiehs cre:ail, in thieir i v-or. A shoek must ene1e 1t.. nnh-- ueediare~ a elii"eent e'oea-.' 1- ab,1 t -a late., it issurprisingl that the \dminiaittr:aiui does not see it la.gera an (thi pint. a' guard ;aaiat it; for tila, asur~edly. is its n. enk loinlt-Ihe point of greatest dan-er. They'. who have read e Spe'e h ofi* .'tr. Callhoin. c a il tail to inrrl i. tr, 11h:1 he h;t., rein'~at l1v wilt in the Inst t"wo vemas, ;ive-n "armais to thte i'alendtingtangeri, iaan ibis' i:otter" ,1 utiap iaren-:thly tall in ' iaint. it ennautotlibe nae''Let *i onttt.lh lannert'a. I' te exlie!ittures lie i"t rednatted neiar'. tc' o ne al, it tiew public debtt mutst lie creatted. i'r th la r aaiff' duaties teatst lbe a'esnen.' edt--e i'r ofi whaich results, noitled inaev.itably bei lfattal to thotae' in pusn e'r. Thie leiadinag iaaeisurae, the'n, of' the mae x on--1a1, tmutst lhe i ; 'revision foar ia' riid tatnd e lha-e'nt naaensure' ot'etrentt-tehmem, e'onio, tiy', iand net-:(at aibility3; :and tal laho (ip poise it miust lhe. Set down'-a as deciedig3 up_ piosed( to tus. near pinc'taiples. interests, and vic's s. (it thits maeatsure', thec sinicerity oft the Admim ist rat iona n ill lbe tested, ont timt. onie handit, and I h-:t of' ouri Stat R10 ighats tand "Wh~aitg'' (opponlvt et of' thae .Suthi, ona thte otheur. TJo the lattea', it will hi' one oif' lhe rtesttit plihical tr'ials of' their lives; for, woe. woo lie uneto hirn of the S4oth, n~ hoise temiriin-' g ina rty potlicy3 may bing utpont I is c'onst ituae'itt aothaer' opprie'sive TIairiff, or largte ph uli debt. "it' hosoe'ver shalli stumbileoi upen this stent , shall I assu. t'eilly lbe bro'tkeni: hutit uon whaomsoev'er tis stone shall IIall , it shaltl grinad him toa powdrer."' 'ait hott sitchl na system. basedi oan thac groat fundlaamtaatal pii pleii a:t itt maor, aion.t ey eought tea bi' takein li-tatm the 'e-ople, than is olu tesly naecesart- fort thle jutst t and ee iatanone'il nsOalt, e~l the Goernmentaa'at, it is vtain to tinak ofl prsrvn otr li-ce ati - ttttions, or breaking~ the epplressive uad dle msiug tolhitical ad commeiirciail yoke hik b oln rett mai t hei e '~a th. Its ad'ap'ion would at uned o thaeroad fittrly aned cleariy for'ilhe inhti-de-~ iton of a Consatituttia Tirensur'y, at thec naext snae'eedmn seasiona, ad rentderi its operautiona ptlaini andt simpalet. safe andio eaisy; andh wsithtout it, the diifleuties of thaat "'greiat ameinure oh delivertace' sami Iiber'ty'* ws onaid oflten he grea:t, if' naot ailtnost insurmoi aa bthe. Indeued thle maeaisure itself' nsill hi'ave little ebuance of snuee'ss, if' this natuirai p)i oeetr of' it lie efetntetd, for its tinad athd ir' retrievalble tdefeat, wouild enasure thaodown full eat'shl. Adtmintistt'en tion. - Ont thlis iL'lt ne se te'n, theure miusa be no tempfoiintg-noe~ sacriiice oft pirinctip;le s o ex pedicy~. Ta its, of thae Southt, it is tite oif' lilt. or dleathI; for, it' the TartitIf duties shotuld be rueewed, ori a publlic dhet earn te-d-(undai indiieed, itnei ca it of btItr. the formjer, w'oti iollow. (if coursteo. ats bef'ore) -f itreswell., a hon:. fiireweall to all our gret.s"is'-nil ontr hopijes, efliarts iad gt'n Ii.itac, libertv, tande peace. ''"llTey wh Io are taot liar its,'' thlent,'"tre tn.iinst nas;'" lae end ol thiier watrlihr is ritni dlegrada-. tiont, tanniahatioan; andh with till stteh, we haive hope haa t itn iancomprmiatsinag hotstility. These remiarhks iare tact the resutlt o (f the maoaait ut, htit oaf Itonag aind deep reflectlot, reultistag ini 5 la stronagcst e'oanvictionei; aried we earnestiv tr'ust that they iwill h.. cn. sidered, as aenned, in a candid and impartial spirit. controlled by no-per sounal nor party fe4l1ng, and guided by a^ deep sense or public duty, and regard for the welfare of the country. Of the concur reice of our political friendssve cannot doubt. So fur as we have been able to consult them, they decidedly agree with us, and we trust our new allies, and espe cially our opponents at thd South, umlr ponder long and well on hean, ere they unhappily conmmit themselves against thems. In God's name lot not the Stt6'l he-foroverdivided, especially on at matter like this, so appurently clear and nuqucs tionable-so vital and Ismportant-involy iug every thing dear to s a free people. From the 11-ashington Chronicle. PAPrE M aNEY.-"The peopale love to be deceived," was thanuying of an arch politicnl hypocrite. Although . e abhor his slander Upon huptapiry not less' tan we despise the slap grwho utteredIi,'$t, when we look around' and heholi the mtagy impositions heaped upon the people, and the patience,'subminison, and even cheer folnaesaih which they bear the burden, .we 'fre sometimes inclined to think that. the short, sighted and misanthropic shin tlerer believed there was some 'ruth in his decluratiu. Perlta pa thpre never was a t raud practised upon a~n oi ,leK paier montey.'. el untler ith fio : vorablo circunstnaees it is a taighty gqriev auce, but when carried to the truly alara in," exten it is in t his Republie,..-uudoubt edly paper money is one of the greatest and umost ;grim g impo1 ieton that can be inflicted upana a eiviied comnttinitv. Yet thei ihabtaita:ts of thes" States. carry tih' hual iore' patieat, ne ' ire indctred to believe, than would any otier 'pcolae t oa the' face of at' 'arh. In fact, we ire strongly inclinel to the opinion that the subrects of the Saltan of Turkey, humble .and1l degraded as they really are, would twat 'utnit to a, like impiosition, half so lu:etly as the Aimerinnas. Under the opearations of this stupenfits aroas, the immense wealth daily created by pirductiv*e labor, t cntrolel by this fientitoeaus represena:ives of value. Ta consequence is.that the producers o'fweralth are directly tale the slaves of th;is ileged few wvho tanaalt:ettt:e attic synsous mtontey: and thus are tse riches etnatee' hv the toiling tany, obtained by those wiia neverasserted to crente them. This is the present condition of things, ntideie op eration of our frandilent otnetary system. Wo'uld ani other people, we repeat, save the Amerieans. submit to like evils! In our humble opinion they would not. No! Not even the degraded subjectsof the Tusr kish Sultan. Alas! loir the bad influsites of tyrannous habit. Possibly sole of our readers may ine'ine to the opinion, th:, we ar' disposed to co tur t he evis ofthisystem of ;nhzed afr am 'a" highlyW. not. Facts, in our opnisoa, will warrat the de'claratins' .e tave "tsnarie. It is an olbvioaus truth that the crtateors of we:alth tire poor. k ow tiiipint'is this! (oi 1.1 Ihey ie po r o der athe 01-r t.on of aturnal at just systea of distintaution! Imsapoa ble. Under such a sysietm the whesal ) tea trirs would , the the we; In . eYceumzul;a '.'.4 5.o.tmdi l iho c'v ho laubesre, the natiS, would live the i-.t. leit the op etra;tun of theeuad and teni Iaws ofna lure have been mte'fered n ith :zai tlaw.ar ted by legislative e :ie't iments. 'Toer on. 'equeuee Is, that the lrotucts of latbor are distributed partially" aad ujuastly,tsd thos.' aho ereate none, obtain the most. Such is kte present conedition ofti civilized society, thle wv. arI ever. an tarchasi'etn I eaounitres, n liesre reaal monecy cons~titutes Ie care .51itsg mediumi, productive laor is robbhedl of its dueIs by tther mein;si taet ' a Sgau~riouas curremacey, bt itn ibls l i pub if'. itisitay bay such'l mleans. Aside fomi tIns% Ievsit, labior is taxcd c'omp~iaraiiv'elv light ian tie'se States, nrl were it sseai tear hiz, fraud,thae workin4gape'ople woul.1 lie fair tie - ier offthan the iinhaiiniet oat anly other counitrsty, liut sub~jec(t to thae il cit'o atsa onecrouls systemt, thle manty tmuasi grn looerr, anud thae lews baeomne rie her. WVe subjoin ani extracet fromt an en!~!lIeni adderess eaf lte late Wosrceste'r Coeitionaei iii ibIt plel of' Massilachuetts. Me~ the taia n of01 a thoaese Riepaubbl ean araIbiest, 'itahiias ,Iettersoan, .lohni T1ayloar of (Carei hue, sand Gent. WV ashlirnaton. Ibiank paper n ns, in the first place, tnth iung more I hlan a certuienI t' so tmuch gold , oar silver epositedl in the v'anli of the tamnk. The moleney wals always ti dy to answer to the paper. Such were: il the thld banks ini iuropae previues toi All ISth centuary. A' fler the revoinhetion, ini Elghaind oft 1(;88, a new earsder of things arose. The expenasive wars tedlea ns ing aipon that evsent inveihved the niationa in dleti't, ande led to ate e'stabilishtmenat of a batnk, uapon the eredit of the G.overnmaent.. The nature of'ionk pa per nowy uanderwvent autotal ebhantge. In "tendt of'being sitmply t)he ev'idonugo. of r muchel spece'u depositedi in the bi'anh'is was conv5erte'4t inta.. nromise, of- ttte. btaink to pay tie sum expressed, in a -lt was 'tive' of man , ui ameiy a ,t~" ( inite fear the piromitsory notes of hte Snatk. Bloha promise to pity in sperie; e frhaips neither or thetm hats it' The iflntioin O ' the whole bankitig systemt, thetn, ' iae upon commercial credlit. Thae solaency of ;a banak depends upgo' 3he solveney of its e ustoamersa. Insateadl of re presenting. aoney,. haank nuites represent, so fair assth eapre sent any' thmiaa,-the properay, .isi goods., maerchandeeehse, antd estuate of the tank.9 debai'irs, Bult they are talso usmed a* eaei culahting medeiumn. And here lies tIp' d'lfI culty. So fair as they are anerely repres. senlsations of pr -perty. they might he sap~ ly maihipaliedl ao ang~etount neat e'xceedaiang it'.siactual valuec. Conseidered as a piara of: ahe ctarreacy, the qluestion i~esvhwhldilrer et. The verv fact th-st they represent prtoperly, le'ads to thecir over-ssIeojs eur reney. Fill wshile ahe ba~nk is Slhus mnade seenare against ulitmatsie loss,the temptatioin to over-s%'ue, arismng from the pra'et gn the circulsatin is too st ronlg toi be resisted." "[In Copving Erseiial "says Mr. JefThr son, we doa taot conisier thaat fike prensises intuce' like consequciaces. The banak man eim o .e eif the atos: threatening ofi thtese o r it -:o ' . It is rainga' ny sa mie'nyced Aristocracy' mi ouna coutray n haieh hast ael ready set the Uovernmeut at dcfiance, and though forced to yield a little on the first -asuy of itsstrength, their principles are unyeled n nd unyielding. 'Tiey have taked deep root in the henrts of that Iabss from which our legislators are drawn, and the sop to Cerberus, fromn lable,has become 44istory. T'!heir principles ike 1101(1 of the good, their pulf of the bud, and thi. those hw.V 100 the Constitution has placed as gua:ds tits portals, aresophistiena:ted or Finrned run their ditties. . That paper money has same azdviautages must be admatted; but its abuses are also invterate; ud that it. by breaking up the measroof value, makes a lottery of pauvato property, cannot be dented. Sha'd we ever be aible to put i constitutiountl veto upon it.". "The free industry of the people, if suf fered by the Governnent to operate fairly upon the coiuinercial world, will rapidly supply us with a better currenciy than the in s lving, fluetuating, coutiterlciling cur rency of corporations. If imnks canl pay their debts, we have a stillicient specie cur rency on haud. I lhey cannot, their cred it ought to cease."-John Taylor of Caro lin. Extract from Gen. Washington's letter to air. Stone: "I do inot scruple to declare that if I hold a voice in your Legislature (Maryland) wouhl have) been dicid(dly aganinst c paper eei"saon, upion the gener..I principh of its iiutility its a representation of coin (r ie tieCessLty for it, as a (ctrclatiiig)Ie dil in. Theri'e annow no le.) lhe a1y ne'.iSity for 1. "".-staN :'.':e t * .1' . .i a." . I-:1i to) reirn :;- i:e ctirency. 1f suc n.i lietsity e * . isted it exists n" "'or. t , eatra the fol l.ow:lin; o.n a .\ew Youk paper: -'runu the Kir w frk 1 .r pre.s. ;:.1 iint. 'lit.E UNers:n err.t s I.mN. --.We doubt very mur-h whiether the: elialli.h ment of a NLalomal B;ank will be bronght firwi ard aeam lior ea y ye.. to come - 'le" Un iateul States Rank ha., non : ;I toon hold in til, tist ain"I in aI mu.tne r tha:t is likely to let! pleinanen.it. It is e;aiI.,sh. ed noer a !ani of our State. which, it is stat<-t', if altred or t r.haleid, cannot at iaeet the hiintigi. inia:tions lahi hivae been or r.a'e he r'r'.-,ita' i na.!, r it; and if t 'his is or.,ei, we *Oaninol s, c wile. 61+. cbarter is not pelercn.ot. 'The I;.t' is 4o 'n il sud*cSful operaionn 1i i.as citv, as well as I'hiladclphi;; its braiches a'e estailished inl New Orleans anelCinin-trci, aid various other lIare plies. A-; so0n as the local banks in .\labm.na. Loii,itma and Miszissipp i resoine spl-ie paymlenits, as they unqttustionably . ill itn the course of a few months, there is no re~ason whfy this bank may not uhal inl domestic ex ichang'S extensively, and it tas low rate, a-, fornerly. \\e hav e it from such tin thority :I, wee 41,e,1: sainsfisct rs, that thie greal bulk oii the i operations hi-i-e,w ill rcon. .i t i da-cnutiii thie de-eriplion of piper. The other laige bamnks recently comilene ed in this (it tinder the preseint Iaw i, ant the great elarier; rantel in Suth "Caro hut 1"ennessee ainl .ilissisippi, will, bie ond all Iu(estiotn, sooln be iii opt erution.. AI l t of themt hI lve estabbh. ed it credit in El'iops ma: n s atiimi1;1 ;be- , tihe: faeilnies NGli" rert e. , g e/ .e" h.mas will 11i1.1 it I . '" l 11 .n t u at m1 nomes11tic (,% :a:;,ts; alt n hich will cre.iie a rivai -. ;:iil a cLertiion il4ut will keep down the rate of imtern;al exchanges. to a pioilt ((lnivalent to the tralprta L ion of specie. If the rate ot exehange should rulb on all parts of the United States at or :boat ot per tent, as ne tlankiI it i ill, the next object will lie to fin-ei a dh'-i-iimt of hi~aik notes~ chat will lbe receiveild hiroughi out itle 1 -nited. States at pair or a fraction undeilc- If 1 b is cani het effectced, there will be no cieid of; a 44ntonal Iank. WeC are inhlormted that ais soon as the banks ait cl e Sou..b th hve restuned spei t Ilaymet, 15 i is the intetioen ofi the pirCeew I. mied LStalnes ltank to inn a dlesei-iiptoi eol Ilank noes that shall be- generally I c'*r reinc lhrughut th401Ile con: itry ,~and I h-t the-. itill dto this by 1I4;king thiemi p)laable i toil, Cameinialti, New (Orleatn, and 1per. lIps oilier pthieces. Itanlk niotes with the adv .itage ot r-edetation at veais peinesk and 11.-if d uion thle weVih knoiwn credit zei solvcyL ofthle Uninced States- IlankL woiuld wtithoeut qulestiona be. P rceivedl (every n here, .410 wonal. enjoyv perfecc coinfoletice. - 'Lie ta avelling communit wdl ou' vitld lbe ;e coicnmadateud, ail every iledivideal wi-sing ho transunit a hami:ced dLolar bill fromi onl end of the country to the ot her conl do so with perfect seur-ity tande without hoss. Vhbe convemce to the publie wvounb hce very great, andil the atdvantage to lie batik itamcensc, ats suchl notes wvouldl ecnjoy Li cir enlanron pirotnably gre:er than at1 any) pe raod since its estab.lihment under the old ebarter. No banlk is so well -sitiuited to avail itselfei this vailuable cirenlation, as the Unted $tonecs llnk. Thley have their branebes and44 aticis alrendv "stalishied, atnd have ailso a cre.dit made ihat cante he shiakeni. No tiew hank can compete withl thiem: in this piarticulnr. for yeaer. *J p .--- ..ot.~ lie carried '.j9t. as wee doubt it will beauj a shicart time. iherevl not4 be 41hac olccasion forl a1 National Bank whiijh hitherto exe'c. From the ll'ashinffton Chroniclr. N1TED MTATl-s AfANK.-It is trutly laughuable to witness the nuauwuvres of' the Opiposition relative to the above namned institution. Durinig the last sessioni of Conegess, whien the Federalists, believing te ay was their own, and the Demnocrat J~uay would be the minority par ~intes Bank was indispensably for the' husauess wvants of th;- c. Without it, nothing of 'onisegnience could be done. The wheels of Government muSt stop, Commcierce must dwindle into mnsignificance, che enirrency zjiust consist of irredecabfle slin-plasters, ihe exchanges would he thlrown tnto the tmroqt. confu sion, agriculituro would Ianguishr-tlie work hng classaes.y'ould scal'er for broad. andex treme desti ijon, tmisery nnd wvrehIhedness .would cover the wihole land with motn. lug. But now, wvonderful inadsd are the chianies for- the betier. Soon after chie eleccioti in Mlissouri, Noah dliscover. d that a Uniitedl States Bank was not of such Iltam~iotIIit :iotat~tice ti clhe salva tioti of the coutitry, 1)14 that it tiighc possibly lbe dhispetnsedl wvith After the; I'lainae ece tion, all doutbts on the subiect wercuom ed; and now the w hole ['edera l family i; cline to agree n ith Im na in opinion. Surely the victories of the'Demaocrae'v, have had a quieting efrect even in the eunup of the Opposition. We subjoin ext racts fronFederal papers, corrobortive i of this flet. a'rmn the Natoual Intlligencer. EDITOR'S CORRESPONDEaNCE. Nxtw Yoanc, Oct. 23. On the subject of a NATIONAL BANK, I believe. ,) far as my observation now ex. tends, this commercial city is quiet. We arc soon to have, in etlect, a National Bank 'nder ebarters from the great Statec of New York and PennsyIvania,thantterhil not feel the ored of a Congress chartered institntion. Wlnt the Riclmond Enqui: rer will do a ithout this Vii-inia.buge'hr nof ,its dallicult to foresee. IThe qutestion is niw not a National Bank andSuh-treasnry, lar we of the North do not now watt a Congress-chartered National Bank, but a Sub-treasury or no Sub-ticnsury. From the Alexandria Ga-.-t!e, Oct. 29. We do not wish to be intrusive, but will the Richmnotl Etquirer h good e nongh to tell us-the National Bank <its inn tieimg virunilly shelrrlr-what the IS .UE now is? The Enquirer has been en ":goied for a iong tinae past, int making utp issnes-but to no purpose. The settlement of the hank .question is n }ost "unkind ent" for "th:Enquirer. '% 1sympathise with its misfortune in losing so g.sod a friend -a never failing peg on whit ih to bang a paralrtph. The I'u:ireri ill perceive hv the piriet composure, with which the haig recrivel the new s refi- rel to, th:tr ;as lkok buitn.e. is not sneh a 'lie-ni! m- t r'J tall," with tarn . .- i' hei Cup I,%- ad. 'Ihere t" are dee -r iCre-,ts at stakie than ''Biildlc and lthe bank." Domiestic News. IFrom itih- .'onth Ca ,,rolinian. COV. II tl L E 1'S ll I'PLY. Vii' conineini tathe atitentionof the rcn hir, Iie fllolwin ..v e 'lient letter of His :x"erllen'aY Gov- Blu-r~t.:a. in reply it; the Paeinion imi behal f sa \':tre A/tvn, itn vieeid of the iirder of n negro hoy. It do A hontor. alike to hi-- le.iil. and his heart. -to his exaliad siattiltn. t'li. atnd hi.; Sile. if ;here he any abolition slnderet of the South. nut entirely betond the reach of shamttc, he i t surely fiel it on reading the list itarigraph, whicb we are confidert iu ill find i prom pt and gen-rous response, Im the boson of every intellitent slave holer. W%'e would here say a word on the uh i'(et of ilahe pardoninr utu r, but must defer it bor want (If room. To thy .ii risf of /Richltrl Dist.. S. C. E-xt:tr-rivi: Or riat:, Cori.: Min-t October, :3thhi, I.9:N. The ptition o e.'uirs (itizei, in be h-if of Nay.;areth Alleta. ciovited of miur der, ;at the :ill term of the (t'trt of Genter atl ession, &e. for RiIicll:ind District i. reel veil. In exereisin the d-liCte responsibility r;achled to my1 tfilce, it is : diflicIt but itnritiave huty to discriminat- ternly be aeenr a tih' real merits of the eas,-. mavl the weight z Ii iiersonal tv .;ibal:y alo --h renl r.... ..i s upon it, .,..... ,,, , , .. . ti tv rtiatr:it'. T he ' nl i;tii:'v sr t rt .:- t hi t o~f lthey t ittismers I-tliitil ;d0-r 1 . ii o" n. ure of Ohw 1-:et". nor e-m: Ih--. tno di,-i. -Ian irrespon-,ible ir:ty'er fil the Jurqma ni. in mt jul".-mttnt, he permiited to reves. tle suletan verdi t of the J:r/. h'lie rna is uteniaitblyv aar. of adeliet-ate, or rar wanin~it htoie. T Iha, plta for mterevZ, i-. theccx e reme yuthI of theaa ov at-al ptril. itner. The oath cosideiarnaiiiaa. ah lives weight to tha ii ple, i thelt I aa ho,C i tnod. metnt inii the futntre enrcer r itan zutnform'ed atr:aeter, with thde probta iii'-- aof a siali t ry itmpressatin htin a-co Ii'tt*rady eliee *tt o a atmdv tnot yet diaraitaed. It will atlhl to the taillietionts of thea unapptiiy snf f'erer, lby detnailing the teatur--ofd hais cause, concla.u-,itn, t ath~o-e c -nsidleratt titns entn. tao lbe appilie-d tai hitm. Thea ' lws of South t ':irolina mtaske tno dis~ ttnctioni in cattas of dlelibIerate tm urdera, wthiether comanmitned ont a black tman, sir a white tian; atnd neithr e'nnt I. I am not n la w 'rake-r, but the I'x acntive Ofic-er of' the law-s areddy mail,: andI I mu ast noat ac't on a ditncti'n whicht the Le4gislat ure vatitlht hiate made, andt htas ntot though t f'at vn make. Th'lat the cim ofi. wh tlich the prisoner satanids conxvieavi- was coitinted againt' otne ol' nit infer'ior graide ini socaiety, is a renaton l'or bel mseia' l'itlly casutiontsof in terceplting the just severity of the law. to us asw~j their protettin as our adyantg rt rights, itn tregiad to tItem, are n , re impjerativi, thtant their duties andi, thu instituutons which, for- wise andl necessary ends, hav'e rentderedj tem pecn liarly idependet, ait least pledlge the hawtt toa be' to thuema, peculiarly, a friend and Thae prayof the petitioners is not ECE 1BUTLI:R. t"r~ ten Sutndaiyimorningran alairutof' fre was ai vea, which proved to have taken place in an out building attnechedl to the pri'mises of ~essrs, Reynolds, Clark & Reynsoldl, Coneh'l manufncflurers, in Meevtig-street. The builditngs in which the fire originmed'a had-not been used for somte dlays, whaich leads to the beliefihat it was an inceridiary act. TIhe work shaop, withb all the out 6btilad. ingr, on the premaises, were entirely coni ~umed', t ogether' with the dlwellintg-haoue of Mir. John Strultei - m the'adjoitag lot Thet Theatrewaas iWimnaht dIanger, ans lhad it not beein for- the ga-eta: exert ions of' the fire mietn anid c'itikenst. titlst htaivi falletn a prey to thec dev'ouring elemtet. We lenan, howverer, that it hats sustaiined hut trifhiug injury. T1he loss of' the proiprietors of the coach establishmient will, it is slated, lie abtlii 2.5,000 dollatrs. oh' wihch only 6,11110 wasa ina sured. anal thtat was a risk oan thi' stock. it is taieha to be0 regretteda at these enlter-' griaimg gen teen have tiett wil tihe a disaster-, as it is uniderstsid tha~t ihelir estahi lishmeont was otte ofi atimst cotmphlete ini the Southern counttry, ansd thereoire the puilic' will feel the inajurs t hey hatve sits t amedca, atmo re deep(ly event lhan it intd ividuat al ierests alo'io wecre conuer-noj w.. r .~ niderstan n l-:, t.at r. SeroheckLer's hon":e was uninsured, -an( is therefore a to tal loss 0 that gentle~tmni SAVAN.N.tt, Nov. 1. Late Prom F'lorida~t--Iy the steamer New-York, Capt. Wright, arrived yester da . f (rom arey'- Fe(rry, we have received the lollowing from our attentive corres pondent; FOrT 1.ta t.t.r:, (l;. 1".) Oct. 30. 11r. Elitor-neuanemying this, I send y"u a copy ofi, genieral order, announeing the (iSpi ositin of* thwe troops for the ap pr(aching cnopnig'n, tasid extracs from letters received frot two oflicers of great intelligence. A lihoug-h G.en. Tavlor feels very confi. dent th:.t Ie tan brin the war to a close by negociation, yvt he is unwilling to trust the wily sava-e; and his arrangements are being made n ith a view to avail himself of the assi.,taee oflirce,s hould it he found necesary. A letter fron a friend at Tnmpa Bay is received, givin;, the hest news ever vet re ceiel; sand his authority is of the highest value. lie s:sys, ..a n tinher of Tallahns ses, and Setninohes proper tare here; from 170 to 200). in faitilies. Anutig them is Enebee-thlocko-. mIIath!a, the prime min ister of the Tallaiha;ssecs, and the family of Deh Emmhla, king of that band. Seve, al it or chiefs tire here; atid a prin cipal sub chi'efof the Mic;sasnkies: named Copsa Tustenuggee. was recently in. and gave a very reasonable and favorabin talk. lie has since sent mi a runuer. to say, that h.. the fail of this imIo)', lie will be in, wih a ;enmber of hils people, not to out again. Sam J eser' is very sick, and perhapilis by this iii. dead :te,4 Isi, f:ro p1-' ore on their n asv to this place. (Ta pa) - I- sent in a runie:r to Cot,., (A llig;ator's step son,) to say. th-t hte would smake a lar;;e fire down the b:y, when Corz must :: n asstnd meet hitn atd then escort him in lee're- Should Sat J -nes come in, or utie.:he lotn-e :gsny is over. You perhaps know, that I have never heen sangnime; perhaps less so ihan arny oflicer in Florida; ut I now think matters more favorahle than they have ever been before. and I cronfidelently ex pect t see most of all rhos-o now outi, on binard shilp, perhaps earlier thim March or April. The above is highly gratifying to Gen. crnlT:eylor, nnd ctlnfirms all his favorable anticipations of tahe early settlement of this irtlernsal war, I lejias siee.eeded is ship pili, everv onme olfthe A palechicola Imiians, (ahsmi 2,0t -a.y 111 warriors) ani thit is a lost imipi lOant lii Ioint gained. It wrill have a very strong itlltmesnce on the main point. ea. Taylor's gr;anl talk, aecording to all Snrr;angenctits. is to tae pilace at 'Tam pa Bay, on the tlh November. Fromthe Ch('/arklston errury, Nor. .. So-rns Wt.:s-rt:zN I im. loati BANK. W-" unders'tand tih t on elon tiig the lioks ye,terd,- v it :'-f 'eau d /-at ti ir, . kren thou.aer", S rIers i.eel been stlsc'riled ihr in this (yit Ju't befire the elosing ofshe limoik. th. P'resient substribe-d its hehialf of the B til BIo:ad Coupany, for as man amy Share'' in the lank, as the Company may >e entitled to. inl right of the 6hammres torfei s-d tnr nitoin-ity mi.ent of the 'sd instalment. This tt:einstre. 16 p1h the :de; of the State !ton, will e .. capait to ,irt ;im itk. cital to the ull t;imnomii of the sub seripiiti t;e the lRoad in Sousth Carolina. l1y .s -erine for tih- lii ICioad Company, -"rk i'm 'ie It.an1k. in righr of the forlaited Sarie, te sne oft their stock n% ill Ito pe:aily enh a:mreed, while the Cotmptny v, ill hia e t ms t hieir Ipower' to) wihtiit those s-tock'bill r. m ~ coeit in herealier, wh'io, 'rssm .mh' !s.* e-r oilier ennmsses, may have hoae-m- frosm securing Shares ini lth.e i.k. IIelog thmese Shares for the - caommoint beici tI time Conmjtnyv imny use thet, sot as greatly to pronmee the. com-. moon bje ci. Thme folhmeht- : . statemet pr.,-strus a view of'the pres~:ube state of.rlme -c '-vripetionm iin Seouth * -:erslinam. The eii subscri ption to th li -tcd in Chmarlees ? n' was, sin romsd insumbrs; 15,0(00 Shares Th'Ie Stockhmoldlerr.in the Charlestoni and 11a~mbhurg itail Road were etiitledl to 20,000" M aking 35,000) There hav~e beeni stteseribed is abhove 27,(000: Iseavinie about S000 to be takeni up b'y the finai lioad Compamny. lThe whole aimnn t ofs lie subiscriptioni in this City beinmg as abiove staited, :35 000 teomy assmie the subscriptioni isn the rest eof thle Stalte, at I15.000( (s lie emirinal be'ingr ablio 20),(hit) *.1.000 Tio wieb,'h if the Sttet subscreiiptioni be adeded, 10.000 Wae s hewe subcribdl teo time Ilanik in Sejuthd Caroelinn, c aboust 50,000) -ihares. nt aumouitnt whmich haen 2reamtly - 'xeeed, outr meost sainguinme expec'ttus The originnai subseriptione to the Roetad in South Caroilina, was bot fhr 35.000 Sharos. it will lie seens, fromsithe tabove, that in sieade of editininishings it has been increaesed :sy thme patr'nageoof the State, and the jn diciosne measures atdspted for the promo tion oif the Work. to 50.000, heing an in eI e-oTr15.0)) Shares. Every Share in the Bank is repmesenmed biy a corresponding Shsare in the floadh. Thomtas lButle'r King.-We dlesire on ly to coirret te' mtistaske relative' tos tho residence rof the S'eniator from Glyn. PTe latmnner pub'.'islihed at A4thsene, states unfafirly, thamt Mar. Kinie resides ini ('nn den County. Snieh, is nt time fui. ie owns n planimtat ion t here, limt his wrinser residletnce is onm St Si mon's [slandt, inmGlymmn whlt his sutmimiers .ecspentr upon time Sande tilills. imi Wayne. Tepepeo . lynmn amre Iio h1 'ties f. thiis mat ltr. ns w'ell nta r iety of' sending whoseei t oe i represenat them itn the State Senam~ r. King received the untasnonts v'ote of his C"ounety for'oothm olliees-nnd thme dhuti'es of' his stations in the State Legishctrnre. wsill not imnterfe're w'ithi itmse of' his othier esfice. ns lie will not: ake his sent tuntil the 4''' of Marchm next, nor eafter upgn his duaties in Comngr'es, sumitil the atuimn following--Columbus E~ng. M'ar. King is not inieligibile to the oflice of' Stam te Semnator s lisle mtembeir elect siC the 2tiiih Congr'e.s. For this assertioni, we leave th.ee siion tof hsval genttlemecn of thme lhih. est stundie;-.-rnsu'ick~c~ .ldroc'at. 4