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? ervations on the cases under treatment. 'Hiis daiiy visiting of the patents is of vast importance to the students. All medical students attending lectures ih thcci[y of New York are admitted to tha privileges which an attendance on the wards of the Hospital bestow on the payment of.the fee of $0; and they are permitted to witness gr-atuitoady the J treatment of the patients of the New j York Eye and Ear Infirmary. In this institution, on an average, more than one t ousand patients are operated and pre. scribed for annually. vSl'kgical ClINQUK imstitutk3 by the Medical Faculty of the University of New-York. The Faculty with the view of availing themselves of the advantages which the city of New-York affords For teaching Surgery, have established, in connection with the Medical Department of the University, a Surgical Clim|iie for the performance of operation, and for4he treatment of surgical affections, and the discases of the Eyeaod Ear. The various operations which have been lately introduced for the- cure of Club-foot, Strabismus, and Strainmering, will be performed by the Professors of Surgery and Anatomy in the presence of the class. The Faculty believe that this will open a field to the medical student of the University for the observation and study of Surgery, more extensive than any other in this country. An immense population of our city, whose circumstances will prevent them from paying for professional attendence, vet who may require surgical aid, will resort to the Dispensary of the University, where they can be relieved by operation. Tt is impossib'e in the limits of this an- . nouncement to give a detu led account of the arrangements of this Chniqiie. The < following is a brief sketch of the plan : , 1st. Patients affected with surgical t diseases, including the diseases of the i Eye aud Ear, are invited to attend at the j College, Broadway, every Saturday I throughout the year, between the hours of ( 12 M. and 2 o'clock P. M. Dr. Valentine, i Mott, and Dr. Granville Sharp Pattison I 111 ' ' ? rl 11 r i nir I t wuioe reguiariy m aucuuum.^ uu....& tho.se hoars, to give advice on cases of J surgical disease, and to perform all the necessary operations which may be requir- J ed for their relief. ? t 2d. After the operations have been j performed, and the patients removed to j their own homes, they will he attended f there, under the direction of the Professor i of Surgery and Anatomy, by the senior j students of the Institution, who will be c arranged in classes for the performance t of this duty, and will be required to make t regular reports of the progress of the cases r under treatment, to the Professors and 1 to their fellow-students. When necessary, either the Professor of Surgery or jj of Anotomy will visit the patients at their houses with the students. . With the view of still further promot- tj ing the improvement of the students of the Medical Department of the Universi- 0 tv, and securing for them facilities for nmotiVfll observation, the Professor of o I . Midwifery will have it in his power to h Miipply cases of accouckments to the ad- p vanced students. The students will be divided into smali classes for waiting on n these females during labour, and, they f will at all times have the power to call j * on the obstetric Professor for his advice ^ and assistance.VI. .VUS KIM. The Meusum will, even at the com- j mencemcnt of the First Session, he rich j in specimens of the choicest character il- j v lustrative of the subjects of the several j v -courses of lectures. It will be made up j of the following collections : j r First. The Museum of the Psofessor ofI ci Surgery. It may be said to embody a , t history of all his opera tons, and it will j g furnish him, therefore, with the most am- t pie means fo: the illustration of his lec- j ^ tures. Dr. Mott has brought from Eu- j1 r I ' rope every instrument or machine or vai- j ue which has of late been introduced into J ! g the practice of Surgery. It is unnecessary to particularize these. Their number and extent may be estimated by the fact, j that the instruments and apparatus for illustrating the new operations inOrthepe- ] die Surgery cost, in Paris, three thousand ] francs. 1 Second. The collections ol preparations i I belonging to Dr. Bedford, which has for : 1 the last two )cars been disposited in the I Museum of the medical College, at Alba-; 1 \ ny, will form part of the Museum of the j ' tnedical Department of the University.? j As illustrative of the department which j the Professor teaches, this collection is known to be extensive and rich in valuable specimens. Third. As a large part of the Museum of the Jefferson Medical College, of Philadelphia, belongs to the professor of Anatomy, and the Practice of Physic, who \ iiave been translated from the school to ihe corresponding chairs in the Medical department of the Uni ersity of New i J York, this will come to i in a valuable 1 addition to the A/usemn of the institution. The Museum of the Medical Department of dheJJniversitv of New-York will in fact he w formed of three Museums; and as daily .additions are being made to it, so far as preparations can illustrate lectures these will be ubunndantly provided by the Faculty.* . The Cabiuet of Materia Medica will V * Fafctfltv will feel thankful to their Professional Bifthren for anv specimens which they r ?m?mmrnaammmmmmmmrnrnrnmimm be well provided with specimens to illustrate the lectures of the Professor of that department. And the Chemical apparatus will be extensive and calculated to exhibit brilliant and striking experiments and interest to the lectures 4>f the Professor of Chemistry. VII. Practical Axatoyy. It is unnecessary for the Faculty to say one word on the importance of the cultivation of Practical An ltomy. It i9 admitted to be the foundation of a sound medical education. Impressed with the truth of this fact, every effort has been made by the Professors to afford to their students the best facilities for dissections; and they hazard nothing in saying that they are unequalled in this country. Wo city in the Union furnishes the same supr ply of the material for the study of Practical Anatomy, as the city of New-YorkIndeed, it is a fact of notoriety, that a considerable part of the supply required in the dissecting-rooms of Philadelphia has heretofore been obtained from NewYork ; and a number of the other medical schools in the country are mainly dependent on her, even for those subjects required for the illustration of their enatom ieal lectures. The dissecting-room of the Medical College of the University is is a Hall seventy.five by forty, with an elevation of ceiling of twenty feel, furnished with every comfort and convenience for making dissections. The Department of Practical Anatomy is under the control and direction of the Professor of Anatomy ; who has secured the assistance of able demonstrators. VIII. Regulations for the terms of Lectures, &c. Requisites for Graduation, &c. The Lectures of the Medical Department of the University of New. York commence on the last Monday of October, and are continued until the last day of February following. The Faculty have been induced to fix the commencement of their lectures, on :he suggestion of some gentlemen from he South, one week before the Medical Lectures commence in Philadelphia. It ias been thought, that it would b6* very 1 L'- - o/Mitkom chirlnntil fn haVfi lesiraoie iur me snuuibi OVx.x.w...~ _ t in their power to attend the Introducory Lecturers delivered in New-York and hose in Philadelphia. By commencing he lectures in New-York one week beore they begin in Philadelphia, this op>ortunity will be afforded them, and they the Faculty) believe that a large maority of the gentlemen of the South, who iropose visting Philadelphia, will leave ionic a week earlier than they would othrwise have done, and come on to Newfork to be present at the introductory ectures. A visit to the great Metropolis >f their country, independently of the inerest they may take in comparing the wo schools, will most certainly much lore than repay for the trouble of visiing New-York. The examinations for degrees will ommence on the first of March, and will e continued daily, ufctil all the candidates hall have been examined. Tho following are the requisitions for ic Diploma : 1st. The Candidate must be 21 years f agc2d. He must have attended two courses f Medical Lectures ; one of which must ave been delivered in the Medical Deartment of the University of New-York. 3d. The candidate mu-t have studied tedicine for three years,) the terms of ttending Lectures being included .in hesc,) nnder the direction of a respcctale Medical Practitioner. 4th. He must write a Medical Thesis, ifher in the English, Latin, or French w mguage. Two Commencements take place aniua!ly in the University, at either of rhich Candidates who have complied ^ith the above requisitions may graduate. The first takes place early in the month f March, and the other about the midle of the month of July. The great ody of the candidates will no doubt, ;raduate at the Spring Commencement; ut those who wish to postpone it will iave the opportunity of coming forward in ' uly. IX. Fees, &c. &c. The Fees for a full course of Lectures imount to $105. The student can at1 ? ? f nntlfcAO nil! hO ena one or more ui mo ?.uU.o?,o, nay be disposed, and pay only for the ectures for which he enters. The Fee for the Diploma is $30. The ^ee for admission to the Dissectinglooms and Demonstration is 85. Alhough an attendance on the Dissectinglooms is considered by the Faculty to >e most desirable, it is not obligatory. By a resolution of the Faculty, the nembers of the professon from every part >f the country, who are GradvaU's of Medicine, and who have been established n the Practice of their Profession for three years will, on presenting their Diploma to the Secretary, be admitted gratuitously to all tbe Lectures of the Institution. Erroneous opinions being entertained by gentlemen residing at a distance as to the expenses which a student must necessarily incur by attending Lectures in New-York, and it being known that many have been deterred from availing them selves of the advantages wincn mis cny offers foi the cultivation of Medical Science, the Faculty consider it their duty, to promulgate the following facts. In the Annual Announcement of the Medical Faculty of the University of Transylvania, the expense of board and lodging for medical students in Lexington, Kentucky, is stated to be "from 83 00 to $3 50 per week." Three ('ollaiSj may betaken as a fair average of the price usually paid for board and lodging by medical students, in the small towns where Medical Schools are situated. Now, although the impression has gone abroad that a student cannot obtain hoard bhii i \m MmmmmmmMtrnmrnrnmim -jSjf . * * and lodging, in the city of New.York for twice that sum, the fact; is, that very few of the students in attendancaon lectures , in New-Yerk pay more than 63 00 per , week fdr their Board end Lodging.* Indeed, . a considerable number of gentlemen from distant parts of the country, attending the Lectures delivered by the Faculty of Arts and Science in the University, are lodged and boarded at $2 50 per week. So far, therefore, as the expenses incurred by the medical student for his board and lodging during the term of his attendance on Lectures are concerned, it is demonstrated that these are not greater in New-York than in small towns.As it may be interesting for a student , residing at a distance to bo informed of the different items of expense: which he must incur, should be determine to visit New York, and attend a full course of Lectures j J in the A/edical Department of the Univer | sity, wo subjoin the following table : Fees for the six courses of Leetures . ; $105 00 Dissecting Ticket, 5 00 Martricuiation Fee, 5 00 Board and lodging for sixteen ' weeks, >' ' - J 4S 00 >' $108 00 It has been urged, that the present state of the exchanges will have d tendency to induce the Southern students to give a Medical School situated in one of the states where there is a suspension of specie payments a preference to New. York. All the payments for Tickets are , received by the professors in the current notes of the solvent Banks of the States, where the students respectively reside, and consequently the only money on which the students from the South will lose by the exchanges, is the money expended in the payment of their Board, &c. Allowing that in addition to his Leeture Tickets, a student should expend $200 ; as the exchange between Pennsylvania, Maryland, Virginia and New-York varies from 3 to 4 per cent discount, his loss, at the utmost, will not exceed Eight Dollars. It has been the object of the Medical Faculty of the University of New.York to emhody in this their First' Annual Announcement," &c. as much information as the limits of the publication would permit. With confidence they addiress themselves to the members of the profession, and solicit their patronage and sup. port. It is true that the A/odical School of which they are members has just come into existence. Yet it comes before the public not without name and reputation, hut as one of the departments of a flourishing University. And its Professors, although they now for the first time address themselves to their medical brethren j as Professors in the Uhiversity of Newo nnoal U l Knmi<M K+rqTirrpfs: 1 Ulftj uu UUb Up|/VU| tl|l- MIVUI 1M-T ? 1 on the contrary, having beert" for many years engaged as medical teachers in other institutions, they have the gratifying as.surance that ma.jy, into whose hands this announcement will pass, hare -been their old pupils, and are still Jheir sincere friends. Bv order of tnc F'aeulty* THEODORE FRELIN6HUYSBN. JOHN W. DRAPER, Secretary. P. S. As the Surgical Clinique of the .Medical Department of the University had not gone into operation when this announcemens was prepared for the press, the Faculty could only in adverting to it, express their belief that it would "open a field to the medical student of the University, for the observation and study of surgery, more extensive than any other in this country." Although this; Dispensary has only been open for three Saturdays, the number of surgical cases which have resorted to it for advice and operation, has more than realized their most sanguine anticipations, and warrant them in asserting that a more interesting and valuable school for the Clinical Observation and Study of Surgery, does not exist in this or any other country. The limited space left in this circular will not allow of the publication of all the cases which have been prescribed for, and operated on, since the Institution was estab- [ tablished three weeks since ; hu>: that the student residing at a distance may form , some idea of the extent of practice he will witness by an attendance on this Surgical Clinique, we publish below a list of the cases examined, prescribed for, ex-, plained, and operated on, by. the Professors of Surgery and Anatomy on the last dnv of their attendance at the Dispensary, j Saturday the 24th inst. Two cases of ulceration of cornea, and inflammation of the eyes. Four cases of stammering; on three of these Ihe operation of dividing the genio-hyo-g'osssi was performed?on the other, as there was great elongation of the uvula ; Yearsley's operation was executed. One case of fracture of the radius in a child. One ease of caries of temporal bone, with a large fungus growth from the meatus audilorius cxtemus. One case of polypus from the bottom of meatus auditorius ex tenuis. To be operated on next Saturday. Two cases of syphilis. One case of congenitafphytnosis, with ulceration orglands. One case of Egyptian ophthalmia. A case of club foot4 on which the operation o<"dividing the tendons was performed. A A ooen /.f u/hitp Kwollinir nn which ruijr uuu vi ? ?i?v w" w?? tint flap operation of amputation of the thigh was performed. A ease of the contraction of the fingers from a severe burn. With the view of presenting, if possible, contraction from the operation, after the skin was removed from the palm of the hand, a corresponding portion of unitegment was taken from the fore arm, and 1 fitted in accordance with the principles of Rhinoplastic Surgery to the wound on the palin. There were, innddition to fhese cases, about twenty others, which were, from want of time, postponed until the following Saturday. 3 '* GOJG1ESSIOIVAJL. Washington, August 5. The Senate was occupied the whole day with the fortification bill, from the Houef. Numerous amendments . were made to the hill, which have clogged it so much that it may be rejected by the House* The amendment appropriating 75,000 dollars for the selection and purchase of a site, under the direction of the President, for the erection of a national armory somewhere in the Western, Northwestern, or Southwestern States, was, after an earnest discussion, agreed to, 28 to 11. The amendment was advocated on the ground that an armory was necessary for the defence of the West, and to avoid the expense and delay of the transportstion of arms from Springfield and Harper's Ferry. Mr. Clay opposed it, for ' i L , J the reasons that, though tne sunjeci naa been talked of in Congress for 20 years, it had never been "acted on, and that it was less proper to act upon it now, at the heel of an extra session, and when the financial condition of the country would not warrant the expense; that the two armories now in operation could manufacture 24,000 stand of arms a year,, which was adequate to the wants of the country; and that rail road and canal transportation to the West, from Springfield and Harper's Ferrjr, was now cheap and easy, and would soon become more so, in the progress of improvements. Mr. Benton, said the West was to be burdened with a national debt, and with a tea tax, salt tax, coffee tax, sugar tax, ike., for the government, and if they bore all the burdens, they were entitled to some of the benefits of the government. Amendments were also made for defensive works at Fort Smith, in Arkansas, and at Detroit. The exposed situation of the lake frontier was also the subject of discussion, and an amendment was carried, authorizing the President to expend 100,0n0 dollars towards the defence of the Northwestern lakss. by armed steamers, with a proviso that the treaty stipulations in regard to the naval force kept by each party on those lakes, shall not be violated. The bill, as amended, was ordered to be engrossed. Mr. Botts made a strong argument in support of the doctrine that a national hank was constitutional, and that the question had been settled. He broached the idea, also, that the President, under such circumstances, had no right to exercise the veto power. Mr. Proffit made rather an eccentric speech, advocating a bank, and Mr. Clay's bank?but fiercely opposing the compromise amendment to the bill which, he said, was attributed to the gentleman from Virginia, Mr. Botts; He defended the right of the President to exercise the veto power, in this case, if he thought proper, and maintained that it was his duty to ido it, if he believed it to be unconstitutional. The whig party had not come into power on the bank question, or any other question, hut by keeping all question* out of view except the single one of displacing a corrupt administration. If the President saw fit to veto the bank bill, it would not break up the whig party. Messrs. A V Brown of Tenn., and Gamble of Ga., spoke in support of the bill. Messrs. Weller, McKeon, Hubbard and M Brown, in opposition to it. Washington, August 6. The Fiscal Bank bill was discussed fmm .lovan nVlnrk. A. M.. to eleven I I VIM V?V*VI? V Vtwraj ?, o'clock, P. M. Much interest was given to the debate by the vigorous assaults which some of ithe friends of a Bank? Messrs. Marshall, of Ky., Adams, Under, wood, and others made upon the 16th | fundamental rule, respecting the assent and dissent of the States, and which is known as the compromise. Mr. Marshall confined his remarks to this provision of the bill, and exhibited its absurdity in so J strong a point of view as to make a deep impression upon the House. He had been anxious, he said, to support this meas. | ure, as tie had supported every measure I which his friends brought forward, but he could not violate his conscience and his j duty to the country, by voting for the bill with this provision. He shewed that it I - i - 1 I was clearly unconstitutional, masmuuu it allowed a State to withhold her assent from the placing of a branch within her limits, and then provided for the repeal of the State law thus made. There was no power to repieal a State.law legally and constitutionally made. The provis. ion also conceded powers belonging to the general government, long exercised by it and acquiesced in by the States; and he contended that it was not in the power of the general government either to diminish or add to its constitutional powers. The clause combined the two extremes of consolidation and nullifica. tion; for, while it asserted power to abolish a State law, it authorized a State to limit the powers of the general government.? He protested against provoking ajid inviting a collision between the powers of the general government and of the States, j Let this bill be passed, and it will open a I thousand questions, now happily at rest. It will next be required that the assent of -the States shall be asked to Revenue bills, to treaties, dtc. The general government will lose not only the banking power, but the revenue power, the war power, and the power to regulate commerce. lie was for a bank?but he wanted a Bank of the United States?for the whole United States?not for a part. It was admitted that half a dozen or more States would refuse assent to the law; and the law would, therefore, operate, not generally, not coextensively with the Union, but partially and locally. Mr. Adams was also very powerful in his opposition to this part of the hill. He also indicated his objections to various other of its details, and moved amendments accordingly. He moved to strike out that ?art of the bill which prohibits aliens frorti holding or subscribing to the i stock of the Bank. I Mr. Wish was in favor of a bank, and < had no scruples as to its constitutionality; | but he could not vote for this bill, on ac- | count of its objectionable details. He i thanked Mr. Marshall for having saved | him the trouble of arguing the compromise question. Mr M., he said, had raked that question, fore and aft, leaving not a 1 spar standing. He defended the veto power, and claimed for Mr. Tyler full 1 right to exert it in this case, if he thought the law unconstitutional. The argument 1 that he must yield his judgment to the opinion of his predecessors, or that he was bound by the decision of the Supremo Court, he considered as absurd and uncon- ; stitutional. Mr. Underwood opposed the comprotn- ; ise, and said he felt pity for the men wlfo could vote for the bill, vrith this compromise, and not for the bill without it. The Senate passed the Fortification bill, with amendments enough to destroy it. The bill extending the Charters of the District Banks was also passed. The Navy Pension bill was discussed. Mr. Clay reported the Revenue bill, with amendments* FISCAL BANK.?August 6. On motion of Mr. Sergeant, the House resolved itself fnto committee of the Whole on the State of the Union (Mr. John C Clark, of New York, in the chair) on the bill to incorporate the subscribers to a Fiscal Bank of the United States. The pending question being on the (re* newed) motion of Mr. Dean, to strike out the enacting clause of the bill. Mr. Roosevelt, after some remarks in relation to New York city politics, proceeded to remark on the selection, at Harrisburg, of General Harrison as a candidate for the Presidency, which he ascribed to a persuasion that, from former expressions of his opinions at different times, he might be considered as for a bank and no bank, tariff and no tariff abolition and no abolition?all things to all men, as circumstances might render expedient. He represented the present Chief Magistrate as exhibiting a perfect contrast in this respect; in support of which he referred to his printed speeches, delivered seven years ago, since which nothing had occurred to lead to any change in his sentiments. The United States Bank had fallen from the height and pinnacle of virtue and perfection into such a depth of infamy that its " odor of nationality" had become a stench in the nostrils of all men. He next commented on the result of the late election, which he attributed not so much to any political sentiment as to a general desire for a change. The people had heard of "Jackson and Van Buren" 1 so long, that they wanted a new tune.? Yfr. R exoresscd a ffood-natured acquies- , ? * ~ " o , ' } I cence in the change, under the general i maxim that in a republic it was not good j ( for power to remain too long a time in the . same hands. , He then went off into some laudatory strains on the Sub-Treasury* insisting that t it had worked well, and that the objections j to it applied with equal justice to the employment of a bank as a fiscal agent of { the government. Certificates of deposite would answer all purposes of circulation j and exchange, and would avoid the evils ' of expansion and contraction. Mr. R then went into the constitu. tional argument, in reply to the remarks of Mr. Botts, whose inference froin the coining clause would, if followed out, prove all State banks to be unconstttu. tional. He also contended that the ap-1, pointment of a portion of the directors j was inconsis'ent with the clause of the \ Constitution which relerred to the ap. pointment of Government officers. Some explanations passed between Mr. R and Mr. Sergeant, touching the extent nf thp. nnwpr conferred on the Secretary ! of the Treasury to purchase the residue of stock not subscribed. The reply of Mr. S was inaudible to the Reporter; and, soon after, the hour expired. , Mr. King wished the opportunity ofj| offering a few remarks in explanation of11 his vote for this bill, inasmuch as he had, i at an early period of his public life, been i strongly opposed to a National Bank. 1 The sul)stance of his remarks may briefly be stated as follows: { 1 Experience had fully satisfied him ? that, in a country like ours, it was impos. ( sible to carry on the vast mass of trade and business with a metallic currency. In confirmation of this position he referred especially to the experiment once made by the city of Hamburg, and its j result in banishing all specie from circu- r lation, and the substituting for it of a t currency of paper exclusively.' The i fr? mpp? nf tSiA (Innstitution had had in t their eye a specie currency; but the ne- c cessities of the country had superseded c such a scheme, and had introduced a I universal circulation of paper money. Owing to the issues of banks incorpor- ? ated by States independent of each other, it had become impossible to collect the ? taxes in a uniform manner throughout the Union ; for the depreciation of bank issues in different degrees in different , parts of the country prevented the cur- ( rency from being uniform. The States had no concert of action, and could not, f if they should attempt it, effect a uniform, r ity; but their interest lay the other way, \ because they made money out of the ex- t pansions and contractions incidental to ( the existing state of the currency. Being * the sole dealers in exchange, they profited by all fluctuations in it. Hence he argued the necessity of a national institution as a regulator of the currency. J If he we e accused of sanctioning a principle which would authorize a protec- v tive tariff, and works of internal improve- s ? J gssqweagw ment by the general government, his re* ply was, that the establishment of a bank waft a necessary incident to the money power, which required that duties and taxes should l>e uniform throughout the Union: whereas a protective tariff and in* ternal improvement were not incidental to any one of the granted powers in the Constitution. To illustrate the regulating influence of a central institution, Mr* K. quoted the effect of the arrangement made by the country banks in Massachusetts witk the Suffolk Bank in Boston to redeem their paper, which was, to keep their ps* per at par. And Mr. K had once sup* posed that the same thing might be ef. fected by central State banks in each State; but he found it was impossible,. because many parts of the country traded with more markets than one, and could* not make depositee in each to meet and redeem their notes, which consequently suffered depreciation. But a national bank would extend this same principle to the banks of the whole Union, and would keep the paper of solveut Statebanks always at par, or nearly so. Mr. K next noticed the question wbifih hnd been raised whether bills of exchange did-or did not constitute a portion of the currency in every commercial country. The late examinations by the Bank of England had put that question at rest by deciding it in the affirmative. Bills did! constitute a part of the currency* and rep. resented all exportable and transferablecommodities. Of six hundred millions in bills, more than five hundred millions were based on the products of the countrytie then went into some statistical statements showing the amount of bills and' bank notes afloat in England and Wales1 ^ during the year 1839, which he comparedl with the amount for the same year in thi? country. He stated us the result of the whole that, while the total average circulation of the United States for the last three years of the existence of the national Bank had been over six hundred and tifteen millions, that of the U. S. Bank 1 had been but eighteen millions; this certainly had not been of itself sufficient to> make the currency uniform; and he therefore inferred that its comparative uni. formity must have been the result of the influence of that bank in regulating domestic exchanges. He compared with this condition- of the exchanges and currency that ebao* tic, floating sea of our fiscal affaire which* had succeeded the destruction oftheBavikWhat must he the condition of t(rart country whose circulating medium wm one year 103 millions, the following year MO* millions, then 149 millions, tbei? lift mill ions, then 135 millions, and then 10ft millions??thus increasing, ami then mid* denly decreasing, by a dilFefence of over 30 millions in a single year* What con?> munity on earth could long stand such m state of things? Mr. K estimated the an* nual amount of bills of exdtange at fiver hundred millions; and, reckoning frve per cent, premium on them, would shop an annuat loss to the peopfe of the United States of 25 millions of dollars; making, in the six years since the destruction of the bank, 150 millions; add to this the losses on the currency, and the total amount which the suh.Treasury scheme had coat this nation might be set down at not less than 250 millions. 'Mr. K. admitted that a National Bank could not wholly prevent, though it would greatly diminish, the fluctuations in our foreign exchange The revulsions abroad were, for the mast part, the result of short crops, though in some cases they were certainly the result of over-trading: (but this latter cause had operated only since the fall of the Bank.) A National Bank was a great palliative of losses from the first cause, and exerted a powerful res. traint in preventing those from the latter. It was impossible that its place in this respect could be supplied by any State n 1. ?vr 1 1 nuiiKS. vv nen excnanges were uutum* tin;?, i eople had not sufficient confidence n State Bank issues; hence their notes eturned upon them, and all the specie rvas drawn from their vaults. Mr. K. thought the People had suffered enough and long enough ; nor would they luffer much longer for any man or set of >f men. A sound and uniform currency they would have, if to have it was withiq the compass of human power ; and what* ;ver class of politicians withstood thai >urpose, would find that they had run against a rock, on which they would be utterly wrecked, and cast, in disjointed frag* nents, on the tide of time- He believed hat by the present Administration?or if t failed, then by some other which would ake its curreucy as they had in the halcy* in days of their commercial prosperity mce enjoyed, could and would be accomplished : without it we could never prosper; or it was as necessary to a great commer:ial People as was the circulation of the ilood to the natural frame. Mr. W. Cost Johnson obtained the lour about six minutes before the hour for lebate was to expire. [Mr. Dawson, across. "Now Johnson, five them an evidence of the power of concentration!"] Mr. Johnson said that as it wanted but ive minutes of the time by the minute land of the clock when the committeo rould be forced to rise and vote upon the till, he hoped that his friend from North Carolina would allow him to a say a few rords. Mr. Stanly consenting? Mr. Johnson proceeded, by saying hat his principal reason for desiring to peak was occasioned from the fact that le had been on the Currency Committee, tnd had consented that it should report the till which it did, without committing hue. iclf upon the details to the Houae. At.