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to the option of Slaveholding States them lvs ~ iii tH'e nateure of the climate and productions, in much the largest portion of it, it is certain it could never exist, and in the remainder, the prohabilities are it would not. But howevet, this may be. the question.mvolving; as.it does, a pridci' ple ofeguiblity of rights~of the separate':and several States; to equal co-partners ir the confederacy, should not be disregarded. In organizing zovernments over these Territories, no duty imposed ott Congress by the constitutiou reqires that they should legislate on the subject of slavery, while their power to do so is. not only seri ously questioned, but denied by many of the soundest expounders of that insru Anent. Whether- Congrems shall legislate or not, the people of the acquired Terri. torice, when assembled in convention to urn State.. constitutions, will possess the sole and exclusive power to determine for .themselves whether slavery shall at shall not exist within their limits. If Con gress shall abstain from interfering w%itli the- puestion. the. people of these Terri tories will be left free to adjust it as they may think proper when they apply for admission as States into the Uuioi. No enactment of Congress could retrain the people- of any of the sovereign States of the Union, old or new, north south, slave. . holding of non-slaveholding. from determ: ining the character (if their own domestic institution as they mny deem wise and pro per. Any and all the St.tes possess this right, and Congress cannot deprive them of it. The people,of Georgia might if -they choose, so alter their constitution as to abolish slavery within its limits; and the people of Vermont m1tight so alter their constitution as to admit slavery within its limits. loth States would possess the .right; ifiough, as all know, it is not proba ble that either would exert it. it is fortunate for the peace and har money of the Union that the q-isstion is in its nature temporary, ni can only ..continue for the brief period which will 'intervene before Calilbrnia and New Mexi co may be admitted as States itito the Union. From the tide of population now flowing into them, it is highly proba5le that this will soon occur. Considering the several States and the citiz~ns of the sever-il States as equals, and eniled to equal rights under the con stitution, if this were and original ques tion' it might well be insisted on that the principle of non-interferetce is the true - doctrinte, and- that U0gescul o,i the absence of any express - grant of pow er,interfere with their relative rights. Upon a great emergency, however, ad - under ~ menacing dangers to the Union, the Mis souri compromise line in respect oslavery was adopted. The same, line' was ex tended further' west , in the acquisition of Texas. After a. acquiescence of nearly qhirty years in the principle of compromise. recogn ized and- established by these acts. -and. to .avoide the danger to the Union bi,h ig fo f it w'ee now disre 14 gard6d. 1 -hee heretofore expressed thi. apidion thit that--line of compromies hotd:he extolided on the' parrallel of i- Ohirty-six degrees thirty minutes fro'n [he vestern boundary to the Pacific 'ocean -h h is ' b middle ground of-compro - hibhhe diffent seips of - vl ihere 3d i ofe country; Jr ~~tdP~f~tev ct -Jowevere~idlle hber abstract'oiihdous on st stibje'e fdfslavery maty differ, would - eerfully arid patriotically aeiesce in - and peace and harmonyw6vuld agin fil1 bur~bbirders. - :' h~~tfsIioUi north of thie line was - only yielded'to in thle case of Missouri and Texas upon a.- principal of com promise, - made necessary for the sake of preserving tlie harmony, and possibly the'existence ~of the Union. It was upon these consi-. 'derations that as the close of your last- ses ,-sion, I gave my sanctiot to the pritacples 'of the Miss'ouri compromise line, by ap proving and signting the bill to est ablish" -the "Territorial governmenut of Oregon," From a sinicere desire to preserve the --harrronty of the Union, and in 'defereie for the acts of my- predecessors, I felt -.constratned to yield my acquiescence to the extent to.wihich they had gone in comn. *-promising this delicate and dangerous question. But if Congress shall now re --verse the decisioni by which the M1issouri -compromise was ef'ected, and shall pro pose to extend the restriction over the whole territory, south as wrell as north of the parallel of thirty-s-ix degress thirty minutes, it will cease to be a comlpromtise, -and must be regarded as an origintal ques tton. -- - if Congress. instead of observing the course of non-interf.-rence, leaving the * . ..adoption of their own domestic institu tion to the people who may inhabhit these -territorics or if, inistead of extendi.ng the Missouri compromise line to the Pacific, -shall-prefer to suhbmnit the legal and con stitutional qu,estions wvhich mnay arise to tho decision of the judical tribunidls as *was proposed in a bill which passed the Senate at your last eession; an adjust, m ient may l)e effected int this mnode. If the whole subject be refetred to teu diciary, all parts of the Union should chee-r - - - fully ac-quiesce in the Ginal decisiutn ~f t he tribunal created by the constitutiotn for the * - bottlement of all questions, treaties. and laws of the United States. * Congress is earnestly iinvoked, for the sake of the Union, its htarmonty, and our continued prosperity as a ntaiion, to ad just at its presenit session ihis, the only til angerous questiori which lies in our path --if not in some one oi~the modes sugges ted, in some ot her wvbich may be satifac orv The Secretary of the Treastury will pre -sent in his annual report a hughly saifac -tony statement of the condition of the * finances, . - The imports for the fiscal year, entding >on the thirtieth of Juite last were of the v.-~ alue of one hundred and fifty four miillion Dine hundred and seventy-seven thotusandl *eight hundred and severnty-six dollars ol which the amount exported was twenty * - one million one, hundred and twenty-eight thousand and ten dollars, leavitig one lhon --dre4 and thirty..three million eight bgerdred ,and.Ihrty-nine thousand eight huntd l'd and sis'yj.ix dollars in the country fur domes The value of the exporta fhr ithe same period was one hundred and fifty-four mil - n thirty-.two thousand one.hundred and ihirtf-oneiollre. -tnsisting of dorrestic productions amounting to one hundred and thirty-two million nine hundred and.four thousand -oe hundred and twenty-one. dollars, and twenty-one million one hun died and .tventeight bhosand and ten dollars ofrforeign articles. The receilts into, the treasury for the same period,.exclusive of lo'aus, amounted to thirtyfive. million' four hundred and' thirty.six thouiand seven hundred and fifty dollars and fifty.nine.cents; o-fhich:here was derived from customni thirty-one mnil lion -and.seven hundred and firty.sven thou-mnd and seventy dollars and ninety six cents; from sales of public lands, three million three hundred ind. twenty eight thousand six hundred and forty-two dollars and fily-six cents; and from miscellaneous and incidental sources, three hundred and fifty-one thousaud and thirty-seven dollars and seven cents. It will be perceived that the revenue from customs fur the last fiscal year ex ceeded by seven hundred and filty-seven thousand and seventy dollars and ninety six cents the estimates of the Secretary of the Treasury in his last annual report; and that the aggregate receipts during the same period frot customs, lands and miscella ueous sources, also exceeded the estimate by the sum of five hundred and thirty-six thousand seven hundred and firty dollars and fifty-nine cents-indicating, however, a very near approach in the estimate to the actual result. Tie expenditures for the fiscal year ending on the thirtieth of June last, inclu ding those for the war, and exclusive of payments of principal and interests for the public debt, were forty-two million eight bundred and eleven thousand nine hundred and seventy dollars and three cents. Jt is estinated that the receipts into the treasury for the fiscal year ending on the thirtieth of June, eighteen hundred mid forty-nine, including the balance in the treasury on the first of July last, will amount to the sum of firty seven million forty-eight thousand nine hundred and ninety ceuts; of which thirty-two millions of dollars, it is estimated, will be derived from customs; three millions of dollars from the sales of the public lands, and one mil lion two hundred thousand dollars from miscellaneous and incidental sources, in cluding the premium upon the loan, and the amount paid and to be paid ino the treasury on account of military contribu tions in Mexico, and the sales of arms and vessels and other public property rendered unnecessary for the use of the government by the termination of the war; and twenty million six hundred and ninety-five thou sand four hundred and thirty.ve dollars and thirty cents from loans already nego tiated, including treasury notes founded, which, together with the balance in the treasury on the first of July last, make the sum estimated. - The expenditures for the same period, includ,ng the necssary payment on ac count of the principul and- interest of the public debt. and the principal and interest of the first instalment d.ue -to, Mexico on the thirtieth of MN 61g -Out Of the. war,4to%be resent year, villanotint, :nhursenent of"treasury i'olfifty-four rAillion one -~b~a ~- -ny.'imuwand- -M6 Jiundred andseventyfive dollars and -six 'cents; leaving an estimated balance in the treasury 'on the firstdf-July, 1849, of two ~mlion~ eight htundfbd mnd fifty-three thou sand .si hunridi a^f'inety-four .dollars and eighty-four;cents. -The Secretary of tl-,e Tr-easury will pre sent, as required by law, the estmate, of the receipts and .expenditures ihr the next fiscal year, The expenditures as estimated for that year are thirty-three million twvo hundred and thirteen thousand one hun dred and fifty-twvo dollars anJ seventy. ihtree cents, including three million seven hundired ninet y-nine thousand one hundred and two dollars and eighteen cents for the iuterest on-the public debt, and threo mil iotn five hundred and forty thousand dol lars for principal and interest due to Mexi co oni the thirtietht of May, 1850; leaving the som of twenty-five million eight hun dred and seventy-four thousatnd and fifty dollars antd thirty-five cents; which, it is believed, will lhe ample for the ordinary peace expenditures... The predictions which were made, that, the ?ariff act of 1846 would reduce the amount of revenue~ below that collected under the act of 18:12, and would prostrate the busintess and destroy the prosperity of the runitry. have tnot beetn verified. With an inicreased anid increasing revenue, the finances are in a highly flourishing condi tioni A griculitre, commerce, and naviga tion, are prosperous; the prices of mnau factured fabrics; and of other products, are much less injuriously affected than was to htave been anticipated. from .thie unprece dented revulsions, which, during the last and the present year, have overwhelmed the industry and paralyzed the credit and commerce of so tmany great -and enlight enedl nations of Europe.. Severe commercial revulsions abroad have always heretofore opera ted to depress, and often t'n ef'ect disastrously, almost every branch of American industry. The temporary depression of a portion of -eur manufacturing intierest is the effect of for eign causes, and is far less severe than has prevailed 0n all former simIlar occasions. It is believed that looking to the great aggregate of all our interests, the whole ccuntry was never more prosperous thtan at the present perior4and never more rapid ly advanicing in wealth and population. Neither the foreign war in which we.have beetn involved, nior the loans which have absorbed so large a portion of our capital, nor the commercial re.'ulsions in Great Britain in 1847, nor the paralysis of credit and commerce throughout Europe in 1848, hivo affected injuriously to any considera ble extent any of the great intere-ts of the country, or arrested our onward march to greatness, wealth, and power. BEAT Tts.-The ~Abbeville B,anner, says: "Mr. II. M. Cheatham, the overseer of General M~cDuffie. packed 40 .bags of Cotton with 12 hands on Wednesday the 15th nIt.,from 60o'clock ,itn.the morning until 3 o'clock in the afternoon, and stopped during the time for the hands to eat break fast and dinner. Great-barkers are no biters. - ED*GE]f; WD N'ESsun-14 IPROPO We prdpose -to all on". j will aobtininfonO.. additi- brlon or before. the commencdra a.unw 'I A volumd idr Febr%zarf next,Zt scription" of .our paper to. OLAS per annurn-Will our-ffi u oiffer?' W'eal'so propose t6.o- OTp and enlarge ottr paper,if ournol warant- it.. The Weatiter.-For selv ngte plast w iek, *e .hadans of ~ ~ ~ ~ ~ hf wahr"W.adrpJw CessTke. * U ' a-Me a been lecte by. he Lei rber, _ori Census ~ ~ ~ ~ ti newde6ditj'L,4 ~60IiLaR W e r p toall attent o .theild i o will b foa in ou adi.toa re iTpe or bfor th comencm tug te oe iat her had e, fal lhisma of anY. W le et oune Atcreeso and yrs it e aokre cshoul eve elt by theiof eare ri the past Jv. had ears usi d spell ofwiler Weun in ourpe aa twilb of at e haveafulve syrrstrts and r as p"rse u r sucastos, frcerackr, Ji Aarif, pias Large'Be.We hive' ha' 11t us, bred elood beet, which gre the gaden of Dr. J. G. VWIL.IAMSo ofiiI -in. length* it is nearly two feet. It weigt10 - bs. and easures nearge 20 inches istio foren. The attention of the TOOdnetis ofpar ticularly called to the -biilge'ah corpii -orate limits. Many df thesr.have"Ang.been in a di lapidated and iven dngerous coditio. Will' ur cityfathers attind fo suppli t matter without delay p , . i To dhe Co Mmisioners ig. At the last session, of the Urmmon Ple as, thse Graed cury pr Copre House and l:of ftii District, an Taccouh their had-condition. Btetaneed e repairs,th stter trtisfrly.- an. ialy reqest er 1L ieva suint ve , build-. Ban Char ers.-The h:sin,;dState, nencement W . Jnora.tA A ppeal-Coert dhiat a minor c a orTahe an nuedt ti h tmte weditho dlfa P.r Tdie Cormi:oer n'raf dr. the lrst sdsioof ne . Ples,the o Gvrnory ard~~,i Gover Hoesected Govilo ofilo Dih.Otia, W -coat Gtseisbadconditn -orrnr 'e ear sel,Ibo the r aratri offeice could hins po g id dor alhu e e,i mnn beenrementy chsn Theii ainaurtiifGsro ebok We ank he ainou edr otei adgra oftou'lr wGv,nr ti er and hateilanguag :ahiih ondi'n ora teimettek the f eeli,da of outh Carolin uplon e savernueon ~d oe Mzr.-Ti Ca ........... inClmi.A'hsrcn visi to olumia, r. Cr.su B waceve twcioh pporate honornabthoria of could slng thred and faithess ics nae inebyta myembern of the igorces, anto' which hea bnrespond. heows eeditucn he le ntoreiethe plisof hisno elowk Vealteie-Oio Th ura radet,o theen-e url of essrw Rayovnd. Warin,s bex-ifl anitd cate tin place.Te aidayg wasexedisng present. According th feehi , of about aola Mrlck. C ai nCharotw.-inwhis eresetd stho Cuia, drw. byar.lniareevent oft wappopriat honornngts i ohHue The n Lglaue.oe s alin'ied tothe Col ited of the anioralss, a nde tofwbchhe flrsnd soe weats o' grdat size wen. ihuiaited. Mr.un Shariftre a 4:Loge miy wich lieorecenine thpdits 0t ishe felo eos Messrs. aynd.l ed Waing was Oer the. .ttic.The spaycl was aneeding clrcker. -.acaro.i wihwr etd the Muhan rawnbyad arge nmelrphathe andoel Starbished hadt Ii ro81C.ssio per wagons,notisnito Sl>ts-hrne, hand pomiedsto~be.ra~miin efair.t-eljims thede edencr te n ims oita grei.-rom bathe .specl irdsend seomee eletsofthat iz wi ea valuabite'ad. r ann,er et ornd'a.gei whcer Profrin tel~ i ot her Cfete. ci.o.s anmaan sPfeso li pChesry ove them Thaam spiet was oheanreintlerestn chartothecar o 'h iyndGooy vaanb he reseivgnatheo number of the ptaer annumg. Itr.:Br n-tiise raduateand pendeCee in is apolca quefrs Fo ther fesrsh R- JUB rfso ofCeity- i ~'ano- Ar.Armand Mrsn las been,re; elected President of the National Assembly bj a considerable majority . The. 12th of lasi montlwii''he daffixed-forthe solemn inaug uratibi lie ie0e contiltion. -It was accol dinglyjgeli&imed with riliious and other ap. prints -cereroises, all the high :officers of the Gove: nmentaid the foreign.Ministers and oth era being.greseli. :Avast cuncourse of specta tors aid of ie militar.y assembled on the oc casion. We have received.a pamphlet entitled, I an essay on the Agricultural capabilities of South Carolina,.and the best means of developing aid improving them, by WHITZMARSH B. SEA* BRooiSPresident." This essay was read' be' fore the State-Agricultural Society, in Septem ber 1848., This'is a paper of great researcl and lull of itnformation of importance to tie Agricultural interest. Among other subjects .2r. SEABIoox touches upon tie Agricultura resources of the State at some length, the means of;improving them, and the propriety of Legislative aid; All these topics and others, he handles with marked ability. It is much to be desired, that the State and the people ai large, should avail themselves of the happy and practical suggestions of the author of the es say ibove mentioned. Southern Cultivato.-We have receivedthe December number of the Southern Cultivator, a Monthly Journal, devoted to Southern Agri nture,'.edited by Daniel Lee. M. D., It is published in Augusta Ga. at the price of $1 per year. The number before us has the usual amount of interesting articles on a number oi ,snljects of importance to planters. On ihe first of January 1849, the seventh volume ol this excellent Jourual will commence. It is scarcely necessary to say, that it is well worth the subscription price. We haye frequently called attention to this Agricultural paper, and take pleasure in again inviting to it. the pat ronage of the Southern community. We will hereafter lay before our readers some excellen articles, which we have copied from it. . Pay of Members of Legislature m a IesIC Sate.-We- saw- it recently rtated that the merfbers of a certain Legislature in the fal West, received $2 per day. If they continuee in session longer than forty days, their pay wat reduced to $1. A.capital idea this, and worthy of imitation by all Legislators. including the Congress of- the United States. We would suggest that the pay of the members of all 'Iese bodies, should be reduced in a ratio cor poiding with the length of the session until at length they should receive no compen stion whatever. ~ Their constituents would thfus be great gainers. FROM.OUR CORRZSPONDENT. -Cox.UMnA, Dec. 14. biaL. EDiTOn--I have notseen your papel f;r several Weeks, and do noiknow whethei O - efbeenfiurnishd with any news fron heseat . . any- corbespon sage-otiiy.new liwisare conier"ned, thiat 'correspo'ndent" would: haii had .but to communicate. The"bnly'l whicw h %t.qnaeu gl ;vch la -W111 Ic.HI; a no .'ck'of Cihe -Stat on .samburg Rail id4iftotheireenvdle & Charotte Rail Roads. Tii7:a'isnNetes o. nto, ~idt paW 'the Sit,bnmpIy' w.stidraws a part. of .the StolCof the State, from one -roadand puts it ~into.thi other"two."The.Stock transferred is a part of the' surplus revenue obtained from thme General Government,.and placed in the Hamburg Road, and which was always under'tood to be set apart for such improve ets, and having answered its purpeose im one place, it was thought wise policy to keep it employed in other quarters of the State for great public uses, and the measure was further recommended by the fact, that it tansferred a part of a debt due by the Ham. burg Road, to the other two, where it would be quite as safe, and to that extent lessened the liability of the Hamburg Road, and of course increased its means of paying the re. minder of the debt due the State. The question of giving the election of electors of President and Vice President, to the people, was defeated in. the Senate to day, by a vote of 23 to 22. Your Senatot voting in favor of the bill The questiol1 whether a State should subjnct its own finan ces to the har.ards of Banking, and the policy of re,chartering the Bank of the State of S Carolina, and the best mode of investigating its concerns, have been under discussion it both branches of the Legislature, for more than a week. Amongst others Mr. Yancey made a speech in defence of the Bank in the House yesterday, and Mr. Griffin, at the same hour in the Senate, made arn argumen agmnst the Bank, which are spoken of ir the Columbia papers, as able effortp. The question as to what will' he done with the Bank, is difficult to answer. We shall knot soon. I perceive that .Mr. Griffin, has introduce< a bill for a thorough examination of the con ers of the Bank, which if adopted il bring out the true!state of things. He propo sea to raise a. Committee of three persona to be selected outside of the Legislature t examine the Bank, and report to the nex session, specifying tie - indebtedness of th: Officers and Directors, members of the Leg slature, Editors and Corporations. TI amount of losses and from what sources, an: ageneral statement of things, from the in corporation of the Bank, and this day, learn that he proposes to name F. B. Hig gins, Esq., oh Newberry, and Gen. Jo:ies Edgefield as Commissioners. This measur is violently assailed by the advocates of th Bank. Governor Seabrook, took the oath of offic and the ceremony of inauguration, occurre today at. 1 o'clock. The inagural addrei was a brilliant and beautiful specimenc composition atnd was delivered- well. Hi position in reference to the aggressionsc the North upon us is strong, and such as t State shold assume and maintain. Got Jonson, who has been ill for some tim 'recovered sufficiently in the last few days I send in his last message, which does gree credit to his head' and heart, He is a nobl old man, and retires after a life of fort years devoted to the State, with the bei wishes of every one, for his present at future happiness. .In his message he refe. to the Burnloy & Johiteon, claim- abol hich you heard something -last summer i -Edgeield, and sent in a letter fronm Coloni Gladden; showing that the State ought novi to have p.aid none n f the claim. '!hii rk at, oMifBn allege! Was er'Gth of the ase, in an.Iddresito his con stituents Judge'Butler, wa're-elec;ed to-day Senator in Congress. forsix years, from the 4th of Mlrch next:: No- opposition. Thei, are, it is said, 77 new members in the House, and ths consequence is tha.t every one, almost, has-.some new .prop"sition to immortalize his name.- it takes one a good long time to become a useful liepresentative. I anfa looker en,. and am,able to 'say that your delegation are very attentiv4 and with more experience, will be useful Repreeniia lives. T- rhe falee and pernicious policy of not re-electing your Representatives, because error of judgment, about a. matter. oflegisla tion, will usually leave now, a delegation without experience and of course, unable to serve you as efficiently, as those whose set vice itself enables them better to serve you. Dr. Lake, addressed the Committee of the Whole, last night, in a short speech, in which he acquitted himself well Saj ing in sub'. tance that he regarded his constituents as desirous of a thorough investigation of the affairs of the Bank, and opposed to the poli cy of connecting Bank and State The Legislature Iill adjourn on the 20th. The next eight years, will be an important period in our history, in reference to Banks. The Charter of tl,e Bank of the State, ex pires in 1856, and those of several of 'the other Banks, in the same year, and others before, about 1852 or 3 Gigantic efforts are now making and will he contenned by the Bank of the State, to obtain a re-charter. It is great qu'estion the most important that the people have had before them for a long time. The dancer of mismanagement, favoritism, impossi-. bility of examining into its affairs. the error in principal of the State, taxing its own people to get money to bank on and lend to that people, and the prostiturion of the Banit to political cliques and purposes, are, with other reasons, urged against such a State institution. The question, on the various resolutions and bills relating to the Bank, will be perhaps, settled to-morrow or next day. There need be no panic on this subject, for it is not proposed -tow to close the Bank. but simply keep it in a condition I that it may wind up safely, within its present Charter. A. - From the So, th Carolinian. INAUGURAL ADI)RESS OF GOV. SEABROOK. For the distinguished privilege. of ad dressing you, on this public occasion, I I am indebted. Senators. and Represenia tives. to your spontaneous suffirages, To a Planter, unsupported by the influence which professional merit imparts, you are about.to entrust the functions of the Ex ecutive Office. For this signal manifes_ tation of your coifidence and partiality, accept the homage of a grateful and over flowing heart. With a steadfust- resolution :o devote his energies to the discharge of the high trust committed to his care, he feels an abiding assurance -that his fellow citizens, on.whose suppoit he shall, with unabated confidence, rely, will award him the.meed.of purity of. intention. Amoug the various duties of the consti tuted authorities, the melioration of the moral and intellectual condition of the people is the most obligatory. and impor taut. Thelcause of educatidiis'iid learn ..... ... I tro ressive. Vt le the (iiYi. 0 m6jelent po'we ..'zainis.iancdRally y.e-;-, 1,.!r-woelr edivi aration," ansI was oiii isgtiis Mkekr7ti i rand carer of' h t; dvsnceme,.itt rnsobviusly- theldedign -f 'Piidanee, thiat 'every'ratidndl being 1iu~ edisipere. f;fr6m'igiidance;.iheisidEf one membeur of siociet y .be withheld, a.degree of useful ness mayb4 los;, for whieb, an accounta bility is somewhbere lodged.'These solenn considerat'inns apply with peculiar~force to the political: communities'r,f this cduntry. To the guardianship of their citizens, if enlightened reiason .be sustained b)y the ennoblitng incentive of pairititism, the Fed. eral Compact might be indefinitely en trusted. Bear in remembrance theii; the admonitory truth, that, as the highest evi dence of the intelligence of a. people is free institutions, these cannot he preserved in their 'purity without the unirammklled gency.of the authority that called t bem into being. In relation to the number and variety of her staple commodities, and her capacity, from geographical position, for rai,ing othter valuable products, South Carolina -may he prononunced one of the.wealthiest 'members of the Conf'ederacy. Under the -operation of' mild, equail, and Constitu tion.al Federal la ws, assisted biy a judicious system of agricultural econotdly and im provement, she would sootn become the home of as prosperous and happy a people as the history of society has ever exhibi ted. Legislators, the resources of the State, hitherto only'partially appropriated, are yet to be fully developed. Let it be your especial duty, therefore, t, collect and disseminate information on this de.eply interesting subject. A dopt proper measures Ifor stimulating the industrial classes to - exert ions in the field of invention and ent I terpribe; in a word, show by action that you are friendly to entergy and - progress; ', and in the increased comforts of our popu a lation, and the rapid advance of the com, t onweahth, you will find your irue and a mst honorable reward. The constitutional athority of the Gov jernor is cofndwithitn narrow bounds. .In granting reprieves and pardont, and I remiting fines and forfeitnres, hib highest . prerogative is to lbe found. The occasions ffor the exercise of the power of pardon in efree governments are manuifestly very rare. e Where new and decidedly favorable testi mony cannot be adduced; and there exist e no circumnstances of a sirongly palliative d character. the: verdict of a Jury should never be disturbed. The violaters of the law need not cousequently, rely upon me, 5 as Chief Magistrate, to shield them from Sthe consequence of. their own misdeeds. e The political history of the Unite.d - States is replete with instructive admoni' e tion to the friends of constitutional free dom. While, as a Conufederacy, our pro gress has been one of un,exa-nipled pros pert!y, "jOdatice" to its consuituent members has been unequally distributed;, "domestic raquility" is limited to a geographical ~'line; and the "blessitngs of liberty" are only tsectinally enjoyed. Incited by :simieter in influences to enlarge the boundary of its el jurisdiction, the Central Authority has re r peatedly assailed the itndepeadence .and I sovereignty of.the States and arrayed thew Id foari'YIoppstion- f&3ffs&a By'substii liig th'e'dic a fiod majoriy.furt(e .Oill.of th- -M4 certained andrecordidby thd Y ine Republtc, the feder1 e9p .0pj. the governmentf ave i.effiec 'Am .!,ertcd.-Power, restrained .l n bt6 its own discretion, is now. perwaane,u ldgedin,the hands of an agen.y represer. co partneis, whose welfare wuld seem rd ,depend on an orb-_~y 'disposaiof.te rights aiud lnifrets of lieir..'ifeittilaso ciates. Dissaisfed 'with" c exacting humiliating tribute-from oneor tiondof i heArniridesn' fifi'j, " - iag it among another,' idqrde6';.plift'wo fiold, operating, the better' & -leve'4 he1 distinictions' bieb.-in 'their: physie'aide. sources, nature hd wisely e'rfeiW,f im, noe noconly preparing to' reew'is ts of.- oppression and higher. and to the bouth imore p5li-b0, evidence 'of the omnipotence'fite do"t ion. While the fanitib aid ihe de6nga!O .have'fraternized for tii6 iurposofi Illing - down some'of the illars'if the 'T'i~raL edifice, which they assert to he-nnessi to 'its preservation, it is ""'l i6rfI,ot remind you, gentlemen,'thaton of. the structure dependss its va 'ai.One half the Confederag. Wh'neve.the citizens of the slaieholding Sia hwlI firmly believe that the'Compaci*t tbich their fathers su,secribed sec'rsieIth er liberty nor prosperity t'thto the or fiiir posterity, it will' be'idleto 4 e'lm in a conjecturing concerning lie' fuitir'T result is already knwn, 'T he" .ad heart of the patriot proclaim it. Th''jse ricd, in the solemn judgment-of.im'Who'.. addresses you, is rapidly ipproahineT6 be ready to meet it-is a du "yoii 'to the State, the.Union, aid"the*'caus6 of constitutio6al"literty. - " Of the two gtogra it' which the crisis has givea birth, -we ready behold the one" enitbusiti'sti-y resolving to,execute i4'hlefiiou ti:p e the other, calally awa!ting.the pdgriiis'o events, without an-organized effort.to'diS perse the portentous clouds thafovereliadow the political 'horizon. Elyin LYhe justice of their principlis; ibe expeiifpo visions and moral ptw)erof the e6nitit6tio; the enactmehts o1 Congres; od'tegl=rios recollections of the past,' and ibe 'bright ; auticipations of the fituri; 'er Iizii'are reluctant to admit, that a disirip'ti''oftbe tie which unites The Staieais'osihfeV o any supposed cause ofrotrnalisc . I earnestly intreat y _od'too6ider hiiez petation a''fatal delusion. Th ra e~ e*e, it may be, is already 'registerad, ibit no Sontbero'fremiahali'lierdaftr .are ind happy u'ade'r his. own':vice aid fg tree. In this gloomy iolito o lirs, the course of the PlantattoSliati( aa. Constituting. front necesst Co" a tive portion of the~'republicb"they fhi .ad mbnislied 1ae,6ltiVa1e among4iite r a pirii fodoit'y and kind e all jealousies. as at one unnatuia 4stbe are 'mischievous;, to 'contedli 4''b ne another,in moral; intell ' 'cal .deveilopments; bu'aoea- io. W&li6% their vigilancein'gtarig frm 0liiio - the preciou's hle 'eofWit ncommon'eesa try.' To''hi i h nd i nes Bre:.aic- ris W'd4 01" ad a a b 1 so usurpationado'd ' &P i as'~~utiT 0 lhcZ it yet d - 7There 'is ill hde Iwy1td it his'mioreyj, ill avrtehI of i*i li fi:~ tfirial, 'thedshhl''i ~1t~her ehriedbSoub Carolinan.9 - N. In' the meantime, -prepare"o tb~very emergencf". "The -tr'aitor 'is' tifit"he' ho resists :usar'itori;hot' h'em'wb omely uhiits.td is 'demtAne In'your reselves, be ternpera'e atnd"diberait;'lidt*Gfri, eso-. lute -anid unitedh'Whhi enlistidthe' co. - operation' 'nd 'aaviEe" ato"opre cnpartners, be 't youir cs a h conviction seriously lin'prep& ccthe public mind or 'the 'Union, th a ath Carolina ~never will coside'nt ~ ieMi Federal council, except-as a sovereigd anda an equal. Let itbhe knowr'i'hat~~iouaut' all danger light, when"compared Wit the hazard of poliuiedli.degradation. T And now, .31r. SpeakirYin inv.Nigi tle ' protecting arm of Him' whogponetrates the inmost recesses of the human. heart, t,hat 1. may fearlessly, but truly, perform ~bser vices of the station I have been-:nvited to 111, r~say to you, sir that 'I arh ready to take the oath precribed.yilheConstitU tion. ' ' ALpU:NI OF SoD'rH. CAROLUKA COL LEGE-A large .andl enthusiastic meetian of the Alumni of the South-Carolind Col lege' was held in'the FExec(tive Chajnher of the Capital -yeste,rday timorning. A Constitution was a:dopted' (which will be giveu in our paper early negt wek' The' following gentlemen.3were unanmmOusly elected officers for the ensutg.ya t .Hon. W. C. Preston, Ptes dent-~ ' Vice President.--Hon D. F. Juriieson.' Hon F. J. Moses, .Hoi.' Fi W. Pickens,.' Hon. Waddy Thompson," 'Hon.~" T. N. Dawkios. H on. y. W. Blakeney . A. H. Porcher, Secretar and Irasurer The Society of the Alunini, w.ill met in the College' Chapel this i'o'gg,;t halt past 9 o'clock when thle President will be intrr"luced to the Society Coldmbia Tel egraph& Dec. 8.. GEN. TAYrLo 5 Is-.IsGNATioN-Gen Taylor has at lajst surrendered !, ~Tb Delta of'Sunday an::onces sthat he has sent on his resiAnatlin as aor-deneral comnmanding'th Western Divsion rof the army,.tO take effect from the 1st February next. .'The. old-soldier .thtus..puts ogf' the soldier's .harness5 one.~ mon.th...efore be assumes the civic rob'e. It wil.be:to hitm a noval month-the, only one. idiorty years that he-bass n'"t heen ronnecteil, with the armv. If he shall 'dischire,ed..he du, ties of the statesmhan a'fll% as,he has these mif the soldier, the' consto il. 'il have'A no cause to regard herchoace. -Mobile Register.. . A wise man b egin Ie the,m a'fool end. tn the beginning. Upraid'no^one'\with that wh,Ie eb de rves fromi parentage or . perty ' A