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From the Charleston (-aurier. PRESIDENT'S MESSAGE. Our Washington correspondent, ever prompt and attentive, furnished us last evening with a synopsis of the Message of the President of the Untied States, communicated to both Houses of Congress, in Washington City yesterday, at 12 o'clock. The document says our correspondent, fills twelve cohints of the Washington Union extra* It opens with congratulations upon our friend ly relations with all the world, and a declaration of the doctrine of non-interference in the domestic concerns of other nations, a?:d hails with delight the great Republic and the union of the German Stales. The important results of the Mexican War are dwelt upon as demonstrating our military strength and its influence on our institutions of government. The area of country acquired in four years hy the United States, is one million one hundred and ninety.three thousand square miles. The United States are now as large as the whole ot Europe. The value of the territory acquired by the annexation of Texas, New Mexico and California, isexpatiated upon at length. The aceounts of the abundance of gold in California are corroborated by authentic reports of officers who have visited the mineral districts. In Col. Mason's report it is recorded that he ffitind four thousand per. sons digging gold. The exploraiions warrant the belief that the supply is very large. Mines of quicksilver are found in the vicinity of the gold region. The^nhundance of gold has caused in California an unexpected risp in the price of all the necessaries of life. A Branch of the U. S., mint i# recommenced io he established in California, which will raise gold to its pure val?te in that country. The bullion and specie of the Went Coasts of America and the interior would flow to this mint and be converted into our coin to secure the great result- of our new acquisitions. California and New Mexico must be brought under the control of rpgularly organized Governments. The existing condition of California, and of that nart of new Mexi CO lying Wert of ihe Rio Grande and without the limit's of Texas, imperatively demand that Congress should. at its present session, organize Territorial Governments over them.?our temporary military government, and all government and control under the authority of Mexien have eeased. Congress adjourned, leaving the inhabitants without any regularly organized government. Since that time, the very limited power possessed by the Executive has been exercised to preserve and protect them from the inevitable consequence of a state of anarchy. No revenue ha* been collected at the ports in Calilbrnra, because Congress failed to ertah. lisb Cusotm Houses and officers for that pur pose. The Tost Offi'-e Laws have been extended to California, and th<? monthly line of inail. steamers have been required to stop and deliver, and take the mails at San Diego Montery and San Francisco. The President trusts that Congress will at this session adjust the only domestic question which seriously threatens, or probably ever can threaten to disturb the harmony and peaceful operation of our system. He says it is fortunate for the peace and harmony of the Union I that this question is in its nature temporary, and can only continue for the brief period which will intervene liefore California and New Mexico may be admitted as Slates into the Union; from the tide of |>opnlalinn now Rowing int > thein, it is highly probable that this will soon take pbire. The President urgently recommends that the line of compromise should be extended on the parallel c?f thi.tv *ix from the western boundary of Texas to the Pacific Ocean An adjustment of the question might al-o be made by referring the whole subject to the Ju? diciary. Congress i* earnestly invoked, for the sake of the Union, its harmony, and our continued prosperity as a nation, to adju-t at its present session the only dangerous question that lies in our path. There is an implication in his remarks, that he will not assent to a re. striction of slavery in the whole Territory A joint commission of thi* IMavv anil Army hare been ordered to the coast of California and Oregon, for the purpose of making rcconnoisance* for future forts and naval .stations, as nearly all the gold and other mines are found to belong to the United States. Provision is reeomrnended for a geological and mineral examination ot these regions. Measures are to be adopted to preserve the lands for the use of the United States, or when brought into market to dispose of th??m in such manner as to sp cure a large return of money to the Treasury. An immediate surrey and location of the lots is recommended, and their sale in small quantities at a fixed maximum price. The right of preemption to farming the lands, and liberal grants to early settlers is recommended. Provisions for executing the fifteenth article of the Mexican tieaty, and the article for making the hounclary line are again recommended?also, the apjtointmen! of Indian agents, to reside among the tribes in Oregon. The imports for the fiscal year ending on the thirteenth of June last, were of the value of one hundred and sixty tour minions, mnn nunureu and serenty-seven thousand (8164, 977,000.) The value of the pxports for the same period, was one hundred and fifty Tour millions thirty, two thousand one hundred and thirty.one dollars. The receipts into the Treasury for the seme period, exclusive of loans, Amounted to thirty-five millions four hundred and thirty-six thousand seven hundred and fifty dollars. The expenditures during the fiscal year were forty two millions eight hundred thousand dollars. The estimated recepts for the fiscal year, ending 30th Jne, 1849, will amount to fifty-sev. en millions, of which thirty two will he from customs, and the estimate expenditures fiiy-four millions. The expenditures as estimated for that year are thirty-three millions, two hundred and thirteen thousand one hundred and fifty dollars, leaving the sum of twenty five millions eight hundred and seventy-four thousand and fifty dollars and thirty-five cent*, which it is believed will be ample for the ordinary peace expenditures. The operations of '.he Tariff of 1836 confirmed the wisdom of its policy. The operations of the Constitutional Treasury continued to be useful. Retrenchment ofunnecessary expenses, and economy till the public debt is paid, is recommended. A ((ranch Mint at New.York and iha graduation and reduction of j the price ofrhe public lands are al?o again re { ?-i\,?m Tnrlturt ro la f i/in a rn cf a 111/! I cumiliriiuril, VHP IllPlinil BlHPim.n n,,. to bo in favorable condition. A line of Mail Steamer* from New Orleans to Vera Cruz i* B urged. The revenues of the Post Ofiee De- 1 part men I are increesed under tbe present rates. A further reduction of postage to the uniform rate ol fire cents can he safely made. The remainder of the message is devoted to 1 an argument against the American system and a def-nce of the President's veto. Mr. Buchanan has purchased the beautiful , property of Wm. M. Meredith, Esq., Lancaster, i Pa , to which ho designs removing next spring. ' ? LEGISLATIVE PROCEEDINGS. Wednesday, DEC. 0. In Sen ate.-*-A f?etici??n from the Chaplain and Students of the Soulh Carolina College, [ raving the enlargement nf their new Chapel, vviiii nrps.>nti>(l hv Mr. Withersnnnn. After the usual formal matters harl been disposed of, the special order of the day was called tip. which was The portion of the Governor's Message, relating to re charter of iBank of the State, and Mr. Marshall's Resolutions referring to the same subject. Col Moses moved that the special ordpr hp discharged, to he taken up on the ensuing day. He hoped that the gentleman from Orange, would not designate him as the champion ol the Bank on this account, fir his proposition was made, simnlv because he wanted the Senate to act upon full information in this matter. The Comptroller's statement had not yd been received, and without this they would grope in the dark. He desired that document to be examined before the Senate proceeded to discuss the Bank question, for it contained the information necessary to form a correct judgement. He therefore proposed to discharge the the matter until 1 o'clock the next day. Mr. Marshall objected to the postponement of this question. He was for acting promptly upon it, as these delays were dangerous. The postponement was agreed to, and on motion of Mr. De Treville, half-past 1 was fixed upon as the hour. The Committee on the Judiciary, reported unfavoiably on Mr. Johnson's proposition, to give the election of Commissioners in Equity to the people:/ The favorable Report was made 011 the petition, praying an increased penally for obstrucling the passage of Fish up Lynch'* Creek. Mr. Moses submitted the following Resolution from the Committee on the Bill to afford Legislative aid t?> the Rail Road*. Resolved. That the committee of the Senate | Jo which was recommitted the hill to nffhrd aid J in constructing the Railroad from Columbia to i Greenville and Charlotte, do enquire and re-| port whether the fond referred to in the said hill should he so distributed, ns to divide the | same equally between the Greenville 61 Co I lumbia the Charb>ttee <Si South Carolina and i the Wilmington and Manchester Railroads; and if in their opinion the said fund should not be regarded as sufficiently ample to be of benefit and avail to the said roads if divided be. tween the three, and the said committee do report by hi 11 or otherwise what aid should be extended by the State to the said Wilmington and Manchester Railroad, out of what fund, and on what conditions. The Senate then adjourned. HOUSE OF REPRESENTATIVES. Mr. Pre*toii presented petition of the Chap i !ain arid Students of die South Carolina Col lege, praying improvement of Chapel. Con rnittee on Corporation* reported A Bill giving power to the citizens of Columbia, to provide by taxation for meeting their engage, merits of subscription of Slock to Greenville and Charlotte Rail Road*. Mr. Simons reported Bill proriding that the Act for Deaf and Dumb be repealed, anil the Commissioners be empowered to send them to any proper institution either within the Stale or otherwise. Mr. Aver presented a Resolution to the following effect: Reso ved. That the next Animal Report of the President of the Bunk shall make nu exhibit of the liabilities of all members of the Leyisln ture uid each officer and Director of said Bank , and its Branches, whether as principal or security commencing with the 1st February next. Made the Special Order for Saturday next. Mr. McAliley presented Resolutions providing (or appointment of Joint Committee loreport on condition of Bank nnd its Branches; which will come up to-morrow. Mr. O Ae.is. of Barnwell, presented a series | of Resolutions relating to Palmetto Regiment; The Judiciary Committee reported unfavorably on the proposition to establish a Court of Equity (or Marlborough District. A Bill to incorporate the King's Mountain Rail-Road Company, received a first reading. The favorable Report ofthe Committee 011 the propose I Rail Road from Charleston to Silver Bluff, Was taken up and ordered to be printed. After some conversation, it was made the Special Order of the day for Friday next. The Report of the Committee adverse to any increase, in the present number of .Magistrates excited quite a lengthy discussion?in the course of which, very conflicting opinions were expressed as to the utility and average character of that class of public functionaries. .Mr. Yancey, who favored the proposed change, dwelt with much earnestness upon the evils arising from a scarcity of magistrates in his section of country, lie stated that a ride of *25 or 30 miles had olten to be taken to get at one, in cases ofexigency. In civil eases this was a great inconvenience?hut in criminal onss a serious grievance. The present law upon this subject gave one for each h -at, but two at least should be allowed. His remarks were characterized by clearness and an earnest desire to remedy an existing evil. Mr. H enry, Mr. Thompson and Mr. Whitner opposed him. Report was adopted. House then adjourned. Thursday, Dec. 7. In the Senate, the Bill affording aid to the Greenville and Charlotte Rail Roads was la. ken up. It was advocated with much ability by Mr. Mazyck and Mr. Moses, and opposed by Mr. Felder, anil then passed by a vote of 31 to 11. The debate on the Bank question was then opened by Mr. Marshall?the Senate having resolved itself into Committee oflhe Whole, Mr. Witherspoon in the Chair. Mr. M. disclaimed any feeling of persona] opposition to the President of the Bank, or any interest in any other Bank as influencing his course. He was opposed on principle, to any alliance between Bank and Stute, and urged his reasons at some length and with much earnestness. Mr. Black rose in reply, and sustained the Rank with much vigor and ability. 'I'Ko Ssaimto flion ?i Hi (ill r llHil. Mr DeTroville offered the following resold, lion on the 5th inst. which was referred to the Committee on Banks: Resolved, That the time has arrivedxvhen, with a view to the final winding up of the" Bank of the State, it is expedient to place the said | Rank under the exclusive control of a Board ol Commissioners, to b? appointed by the LegiV lature. with instructions, first, to extend to all debtors of the said Bank, where sufficient secu. rity has been or can be given?such further lime, not exceeding fivo years, as they may deem advisable. Second, to convert all its olh ?r assets; as soon as may he conveniently done, into cash, awl apply it to the speedy extinguishment of the I.ills and other liabilities of the said i Bunk, as far as the said assets can he made to < extend. And third, to report to this Legisla- r ture, a*, each session, a full account of all they t may have done towards the final closing of the t said Bank. ? f HOUSE OF REPRESENTATIVES. < Mr. J. P. Reid reported a Bill from Special t Committee, to give aid to the. Wilmington and I Manchester Rail Road, which was read the first time. i Mr. Huger, from the Committee on Federal t Relations, mnde the following report on the I slavery question, which, it will he seen, throws i cold water on the attempt to obtain any action i on the part of the Legislature, ' Report of the Committee of Federal Relations, I on so much of the Governor's Message, as re hites to the agitation of the Slavery Question. \ The, Committee on Federal Relations, to i whorn was reterred so much of the Governor's I .Message as relates to the question of Slavery t Agitation, heg leave to report that they agree in opinion with his Excellency, that the present moment is not propitious to DECISIVE i ACTION. Many citizens of the South believe that the elevation to the Presidency ot a Southern man, furnishes a reasonable security against any in fringement of Southern Rights on the part of th? Government. While we hope that this expec. pectalion of our Southern brethren may not fie disappointed, we will only fay if disappoint merit in this respect should occur, they will find South Carolina united to a mnu, ready then as ever to co operate, in defence of the rights and honor of the South. Mr. PeSansstirc reported a Rill to provide for taking a Census of the free while citizeus of the Slate, &c. Mr. Yancey, from Committee on Internal Tm provernents. reported a Rill to abolish the office of Superintendent of Public Works, and Cor other purposes. The Special Order of the day. Mr. Cunning, ham's Resolutions, limiting the issue of promissory notes by Ranking corporations, was then taken op and sustained with much ability by that gentleman, and adopted. Mr. Sommer introduced a series of Resolutions, declaring the re charter of any of the Ranking Corporations in this State, alter the exniration of their present charters, inexpedi* ent antl unwise?which gave rise to some sparring between Messrs. Memminger, Henry and Summer. The following Resolutions were then offered by Mr. Keitt, who pressed their early consideraiion: 1 Resolved. That the continued agitation of the question of Slavery, by the people of the non Slaveholding States, by the Legislatures nod by their Representa'ives in Congress, exhibits not only a want of that national courtesy whicli should always exist beiwe-n kindred Stales, bu* a palpab e violation of good faith towards the Slaveholding States which adopted the present Constitution "in ord<-r to form a more perfect Union." 2. Resolved, That while we acquiesce in adopting the boundary between the Slavehold ing and non-Slaveh dding States known as the Missouri Compromise line, we will not submit to any further restrict on upon the right of any Southern man, to carry his propeily and his institutions into any Territo v acquired by Southern treasurn and by Southern blood. 3. Resolved, That should the Wilmot Provi? sn, or any similar restiiction be applied by Congress to the Territories of the United States Snjih of 36 deg. 31) rnin. North latitude, we recommend to our Senators in Congress to leave their seats in a body, and that the Legislature of South Carolina be forthwith assembled, to adopt such measures as the exigency may demand. In a few incidental remarks, Mr. K. boldly and strongly proclaimed the necessity of action, urged thai the Repoit of the Committee on Fe 1 1 11 ' * * oil oeoonnf nofinri (KTHI IVt'iailOMS rcjjiiuiiiiru mi ov.u, and took issue with Mem. He was for meeting the question fairly and fully, and obtaining the sense of ihe House. His constituents hud spoken out, and his views coincided with theirs ? he therefore urged the settlement of (he question. Mr. Huger replied, that the Committee only had reported on the Governor's Message, not on the Resolutions of Mr. (Jarew and others. Mr. Keilt said that report, it only a portion of the materials in their possession, was sufficient to make the issue as to whether the State should now act on this question or not. He was lor stripping it ol all incumbrances and presenting that naked question. The Resolutions were referred to the Committee on Federal Relations. The (fill fir aiding the Greenville and Charlotte Rail Roads, then received its third read, ing. Its passage was opposed by Messrs. Aver and Owens, of Barnwell and urged by Messrs. Henry, Metr minger and Thompson. On a call of the yeas and nays, it passed by a vote of 84 to 30. The House then adjourned. Friday, Dec. 8. In the Senate, Bank question was the exciting topic of the day. The following resolutions introduced by Mr. Quattlebiun, elided some debate in which Messrs. black, t-elUer, and Quultlcbum took pari. Air. Quattlebum said his sole motive in pre* seuliug his resolution was that the people might he aide to learn from undoubted authority the indebtedness of the directors. They were ordered to bo printed, and referred to the committee on Finance and Banks: Whereas, The word "private" endorsed upon the Annual Report of the President of the Bank of the Stale. setting forth the indebtedness and responsibilities ot the several directors i with tlie said Bank for the present year" might seem to imply that no member of the legislature should speak of the details of the said Report; be it therefore I Resolved, That the word "private" was used for the purpose of restraining the Legislature from ordering the said report to be printed, but does not or should not prohibit u member from copying the same for information, and such use < as his judgment may diiect. I Be it further Resolved, That it shall be 1 the duty of the President hereafter to include in I the said report the liabilities and indebtedness ( of the officers, as well as of the directors?and the report shall not be endorsed "private," or i regarded us private, but be subject to such di- i reel ion of either branch of the Legislature, as ' in their wisdom the public good may seem to j ( require. I ; The Senate then resolved itself into committee of the whole, Mr. Wilherspoon in the chair. Mr. Black concluded his defence of (he Bank j in a most masterly and powerful manner. The committee then rose, and after the trans- j action of some unimportant business the Sen- 1 ate adjourned. . . I - HOUSE OF REPRESENTATIVES. r The proceedings of the House yesterday 1 *ere of little general interest. The question " >f adjournment excited some discussion, many >f the members being apparently very anxious o get home in time to kill the fatted turkey in ime for their Christmas dinners. The Senate sent ill a recommendation that tlfr w Sslon should terminate on the 18th inst., vhich Mr. Memminger desired to postpone unil the 20th, in conspquence of the amount of ^ business yet to be disposed of. f After some squabbling on this matter, Mr. Vfemmingei carried his point. The business t act of this genllemon?his readiness and un- i ailing urbanity, give liirn a powerful influence \ in the House, which he does not fail to exert? j in this instance, as we think, to the. public advantage, for the great questions of the Session have not yet been touched. I Mr. Richardson introduced a Resolution, providing for the appointment of a special committee of three for the mother Bank, and three for the Branches, to examine into their condi. j tion during the recess of the Legislature, and report to it at the next Session?to act jointly with a similar Committee, to be appointed by the Senate. Mr. Simons reported in favor of the erection , of a New College Chapel. Abo a Bill, appropriating 83000 for the education of twelve male, and twelve female pupils as teachers at the Seminaries of Messrs. Curtis and J. W. Hudson. -.Mr. Memminger reported a Bill, to raise supplies for the ensuing year. Mr. Cunningham introduced a series of spirited Resolutions on the Slavery question, taking strong grounds, and recommending the Governor to call together the Legislature in ca'e of the passage of the YVilmot Proviso. They were referred to the Committee on Federal Relations. Mr. Seabrook introduced a proposition to amend the Constitution, so as to change the mode of voting by ballot to the Viva Voce system. Mr. Henrv introduced resolutions relating to Bank, which were referred to Committee of the Whole on Saturday. Mr. Sullivan, from the Judiciary Committee, reported against limiting the tenure of the Judiciary to 65 years. The Home then adjourned. Saturday, Drc. 9. In the Senate, the bill to extend aid to the 1 Wilmington and Manchester Rail road came up. It provides for the subscription on behalf of the State, of 8*200.000 of the State stock of the South Carolina rail road at its par value. The bill passed by a vote of 30 to 12. It was supported by Messrs. Moses, Mazyck, I. D. Wilson, and Buchanan, and opposed by Messrs. Feldrr and Quattlohnm. We shall emJpavor to give a synopsys of the speech of Mr. Moses, its principal advocate, from notes in our possession, in to-morrow's paper. The Senate hen resolved itself into committee of the whole, on the Bank question, Mr. DeTreville leading off in a very able assault upon that institution, whose operation he desig. ? ?i )! lit nairrl tiy Ih?? wetl-Known term "Killing. " vye have not been able to procure notes ofhis argument, having been absent at the tirr.e in the other Housp, where Mr. Memminger was holding Ibrth on the same subject. Mr. Manning, from the commitfep on Federal relations, introduced a series of resolutions strongly re.affirming the famous Virginian rcso. lutions of 1847. They are crowded out to-day, but siiull appear to.morrow. HOUSE OF REPRESENTATIVES. Passing from the Senate to tho House on Saturday, the same tune with variations might be heard?it was nothing but Rank, Bank, on both sides; the clear cutting tones of Mr. Memminger rising above the buzz of the galleries above, and the mastication of chesnnts below. His speech was characterized by his usual tern ppranee of language and severity of accusation against the "monied monster,"at which he, as well as Mr. Fplder, delights to kick. His argument was very forcible indeed; and admitting his propositions, his deductions were irrcsistnblp. But figures as well as facts are flexible (not stubborn) things; and Mr. Black, with the same materials, proves the very con verse of the proposition just as triumphantly? consequently, plain people are not a little mys tifiedat this Legislative sheep.shearing, whence proceeds much cry and linle wool. CONGRESS. Quorums of both Houses of Congress assembled at the Capitol yesterday at 12 o'clock.? The House was iuij?us, upon uiiswi-rmg iu their names, 178 members were found to be present. Mr. Speaker Winthrop took the chair. The senate was not so full?only 41 senators answering to their names. A joint rominittee wailing upon the President of the United Slates to uniform him, as is the custom, that a quorum of both houses had assembled, and, were ready to receive any communication from him. The President replied that he wou d communicate with them by message to-day at 12 o'clock. Some interesting notices of resolutions were given to the Senate. Mr. Douglas gave notice of his intention to ask leave to-day or on some subsequent day, to introduce a bill to establish the territorial government of Nebraska. Also, 1 * ? If 1. 11 - /T/innrn r\ f a but 10 es'auiisn me tr/?????u? v/ iVetc Mexico?and a bill for the admission of California as a Statb into the Union. Mr. Cameron gave notice that he would on this day, or 011 some subsequent day, ask leave to introduce a bill to provide lor the taking ot a seventh census, or enumeration of the inhabitants of the United States. A more harmonious and conciliatory spirit Reems to prevail generally among the members than on the adjournment of the last session.? The campaign is over. The election is decided. The whig* are, of course, pleased with their success but manifest no extraordinary exultation of manner, and it is very evident that some shades of misgiving are thrown over them. They do not yet know what sort of a man they hnve elected, or what sort of a polilician he will make?whether he will unswcr their purposes, or what measures he i* prepared to carry out. The democrats, on the other hand, though disappointed in the result of the election, are buoyant in their spirits, sntisfied 1 .1 r.:_ ,1 ..r?I,r nniirsn ihov Ii.ivp nor. vvnn uie mir unu iii.m.j ?j ? sued, determined to rally upon iheir principles, mid to unite all their forces for their support. They feel tliat they ought to have succeeded, Mid they know they have the brightest pros. 1 pects before them. Washington Union, 5th Inst. 1 ?f Fatal Blunder.?Mrs. Nixon, ofMediana, N. Y. while riding, called at an apothecary's ihop for morphine to relieve toothake; the boy in attendance gave her strychnine which caused her death immediately. ME CAMDEN JOURNAL/ Wednesday Morning, December 13, 1848. WILLIAM B. JOHNSTON, EDITOR. The Market. The recent news from England is considered * ? -?* L-_ L . J maa/I nflTnef An f Km Pnltnn avorau:e auu ii?ib imu a gwu v.. ?..v wv??v.? Market on this side, in making prices somewhat itiffer. We quote 4$ to 5 62. The Charleston Market has been firmer during he past week, but without any material improvenent in price. The sales of the week in that Market amounted to 9,448 bales, a' prices ranging "rom 4$ to 6 cents. D* The Legislature of this State will adjourn by consent of both Houses on the 20th inst. Hon. John C. Calhoun. This distinguished statesman, passed through ihis place on Friday last, en route for Washington. He was in good health. President's Message. This is an able and comprehensive State paper, embracing almost every national topic of interest. Its unusual length, even for Presidents Messages prevents our publishing it, and our readers must be content with the portions of it we are able to get into our columns. The finances of the country are represented to be in a very flourish ng condition. Our foreign relations are of a peaceful character. The results of the-Mexican war are discussed and a glowing picture is presenied of our acquisitions gained thereby. The Slavery question is noticed and the adoption of the Missouri Compromise strongly and forcibly recommended. The Tariff! a National Bank and ihe Executive Veto, each receive an extended net ice, and a uni form cheap postage is recommended. The Message, as an able and well written document reflects the greatest credit on President Polk, and will undoubtedly impress all its readers, with a conviction of his talents, wisdom and patriotism. VVe do not think, that this annual Message, is surpassed by any of its predecessors. State Action?Southern Convention. The Mercury, of Monday last, has quite a spirited article on the mode of securing an understanding between the Soulliern Slates, in the event of the passage of the Wilmot proviso by Congress. A Southern Convention is discussed, and lite editor conies to the conclusion thnt such a movement is not attainable, be cause of the recent Whig majorities in eight of the Southern Slates, the nearly equal division of parties in three others, and the powerful minorities in the re mnining four. He argues, too, that the timidity of politicians, and the inaptitude of Southern planters for combinations of sny kind, will prevent a Convention of any numlier of the States interested. IJc then comes to the conclusion that separate State action is the only means of redress, and that South Carolina is the only State that is able properly to begin and enforce this remedy. Our views of the best mode of effecting concert of action are well known, n >r can we perceive any sufficient reasons advanced, in the Mercury's article, to induce us to relinquish them, and adopt that suggested therein. The plain cognomen of separate State action?nullification?has a magic power, in scaring off, not our enemies, but our friends, and we think it prudent to eschew any and every objectionable movement, though it be only so in name. The drift of the Mercury's idea, if wo comprehend it aright, is to place the Statu singly and unsupported, in direct collision with the General Government, and rely on her sisior Southern Slates to follow her, and this, wc presume, is to take place after the infamous restriction laws have become the law of tho land. Now our desire to sec a Southern Convention called arises fiom a principle of honor, that of giving warning In our assailants, and this we conceive to be the duty of the Southorn States towards their sister Stales of the North. We cannot doubt the patriotism or determination of any .Southern Slate, should we bo driven to active defensive measures, and therefore they can more readily unite in a solemn declaration of their purpose to defend thoir rights with all the means in their power. Should tho North heed not this warning, and persist in her reckless onslaught uoon all that we hold dear, then the respou. sibilily rests with her, and wo shall havo done our duty. As to party influences king brought to hear upon this question, we sinoercly deprecate the use of party names in connection with a subject which affects all alike. A Southern safety movement cannot be successful if a parly movement. Lot us not be underslor-d, in theso remarks, as discountenancing State notion, as fur as an expression of the feeling of the people in this or any other State is concerned, this would be tho first link in lha chain of union and concert; wo only desire, if possible, to procure such concert, in this all important matter, as would cause our position to be fairly and fully understood. As tho Legislature represents the people of the whole Stole, we call upon them to adopt those measures most likely to secure the co-operation of nil the Southern States, and wc further call upon tlicrn to give expression to that deep indignation wmcn uieir constituents feel upon thin subject?if they do not this, they are not the truo representatives of the people of South Carolina. D* The Alumni of the South Carolina College, held a meeting last week, adopted a Constitution and elected a President and Vice Presidents. The Hon. W. C. Preston was chosen President. CP Old Rip Van Winkle appears to have fully relapsed into her accustomed drowsy condition. The Watchman published in Salisbury, in noticing a recent article of ours says, the difference between North and South Carolina is, that the latter ia for a union of the South, whilst her good natured old sister, is for cleaving to the Union at all hazards. We had vainly hoped, that the old North State, though under federal rule, would have come up to the help of the South at this crisis, and not have signified her intention to be perfectly happy, under all circumstances, provided she was allowed to enjoy her nap undisturbed. Decidedly Rich. The Washington correspondent of a Baltimore paper, speaks in high terms of Calhoun, Judge Marshall and Judge Story, as all being great expounders of the Counslitulion, but is of opinion that General Taylor knows more about it than all of them ! Bank of Georgetown, S. C.?We are requested to Btatc llml this Bunk has liad a new 5,10 and $20 plate engriived by Rowdon, Wright and Hatch of New Fork. The Bonk has boon and is now withdrawing all its old notes from circulation. No bills from tho old $20 plulc engraved by Burton, Gurley and Edmonds have been issued of a lator date than 1844. The oounlerfeil bills presented at the Bank are all of tho date of 1845 and 1846. Tho Bank is not aware of any counterfeits having tho name of J. Chapman or J. G. Henning, Cashier. The counterfeit $90 is well calculated to dcceivo. It has the u^mo of D. L. McKay, Cashier,r-Ofoerrsr. Tine Tatar* rasr Conohsss.?The next Congress will contain a Democratic majority in tho Senate of J "ix, sod it is supposed a Whig of twenty. The number ol members in sixty, and it is divided as follovrs: Democrats electSk tnd vacancies to bu filled, 33; Whigs, 34; doubtful, 3. The Hotifo has 230 membeis, of which 139 fes* bcea e'ect d, and standa as follows; Whigs, 26; Democrat*! 54; Free Soil, 9. In the present Congress these jnegb. bore are divided 72 Whigs, 66 Democrats. ...TO < Ntw Pork Packing Process.?In romc of the vestr pm Put.-ihlicliiitnulii tviflt a vin?? nf mftk'ivtff ttwa vuarlf r? fi incr and k cp better, s> as lo commsnd a higher price in the London market, they singe the hair off The fresh killed lings ltc<ng hung up in ? room,, straw is set in a blaze underneath till the operation is MU4 * pletcd. " niA 4 North Carolina Legislature.?In the House of Commons, on Monday lash lowing Resolutions were submitted: Resolved, That the territories of (be United Slates belong to the several States composing this Union, and are held by them as their joint an I common property, Resolved, That Congress, as joiui agent-asu}. representative of the States of ibis Union, bap no right to make any law, or do any act what-,, ever, that shall directly, or by its effects, make any discrimination between the States o?,this Union, by which any of them shall be deprived, uf its full and equal right in any territory of the" ^ United States acquired, or which may her^afi*^ * be acquifed. ^ Resolved, That the enactment ?f any hw which should directly, or by its effects, deprive^ the citizens of any of the States from emjjt rat in jf;with their property into any of the territories of the United States, will make such discrimination, and would, therefore, he a violation of the Constitution, and the rights of (be States, from which such citizens emigrated,-And in d derogatn n of that perfect equality which he. ^ long* to i hem as members of this Union, *hd * would tend directly to subvert the Union itself. Resolved, Tha' it is a lundament^UjrincjpIn ^ in our p. li ical need, that f. people'jh forming a constitution have the unconditioe^rtight to 1 form and adopt the the government which they may think best calculated to secure their liberty. prosperity and happiness ; and thai in confirmus ty th relo no other condition is imposed by the Federal Constitution on a State in order to be admitted into (lie Union, except that itsconstilution shall he republican, and ihafthe imposition of any other by Congress would not only be in violation of the Constitution, but in direct conflict with the principle on which our political system rests. ? v, Resolved, That a copy of these Resolution* be sent to each of our * enutors and Representatives in Congress, with a rpq'lesf that they be laid before their respective Houses. College Commencement at Columbia.?We learn from the Columbia Telegraph, that the celebration of the Commencement of the South-Carolina College was uurocronsly attended, and the Exercise* were of a gratifyrag character, as displaying much talent on thai part of the speakers. . i; After the Addresses had been finished^ Interspersed with a flourish of wind jn?lrument* from an excellent band stationed in the gallery, the Degree of A. B. was conferred by th? President, with his accustomed grace,epou ther m following gentlemen : m J. P. Adams, W, Anderson, W. A listen, Ji J W. Avery, J. F. Belser, J. T. Bethea, L. 8, B1 nling, J. Brunfield, R. II. Cheves, W. Sfi Dogrn, J. II. Ewait, II. D. Fraser, F. Gamewell. J). C. Govao, R. He my. J. B. Labordry B. H. Matheson, D. .McRue, J. T. Porcher, T, F. P. r:her. E. J. Remlrert, G, W. Roger*, Er, ' W. Seibels, A. J. Shaw, A. M. Smith, f>. Sparks C. H. Snher, VV. R. Taber, W. R. Ta'loy, A VV. Thomson, W. T. Thomson, C. S- We t, W. S. Wbiey, W. R Wi h-ra^34. When (l is cprrrm ny had been concluded, |he Presidei t (says the Telegraph) enchained the attention of the youthful graduates, and the audience, ly the outpouring of one of the happiest eff>rts ?>fhi? unrivalled eloquence. All who have heard Mr. Preston, when the inspiration m is upon him. know full well the impossibility of * reporting with any accuracy his'winged-words' or conveying the faintest idea of the fascination of his eye, voire and manner, which ever captivate and enthral the hearts and understandings of his auditors. His admonitions to his young disciples were full of parental kindness, andconvpyed the lessons of a ripe experience and lofty intellect, in words which must long linger in the memories of those to whom they were addressed. For them they were intended ami we will not weaken their impressive solemnity by giving a mere outline of them ffcwn ? memory. " The following spntlem*n have been nominal ted by the Committee fir President and Directors of the Hank of the State of South Carolina^ 1 President.?F. H. Elmore. Directors.?I). C. Webb, P. M. Cohen, F, R. Shackelford, T. Lehre, J. H, Steinmyer, W.1 C. Dukes, G. Robertson, E. ('arson, P. C. Gaillard, 11. G. Stone, S. L. Glover. Alaham.v Factok'ks.?The Flag end Advcrliser at Montgomery says, a factory is now in proresR of predion in Tusrnloosa county by Mr. Hardy Clenipns, which is intended to run' one thousand spindles, and to be worked-by \ slave labor exclusively. "The Tuscaloosa factory?the most exten. sire in the state?has been in operation only a, lew months. It promises to be exceedingly profitable to the stockholders. They confident, ly calculate, we nre informed, upon 30 per cent profit on the capital invested. "A reliable calculation made for the proprie. lor of the factory now building near Tuscoloo. sa, shows that if the eastern factories can make ^ cloth at 10 cents per yard, he can make It'at 8 1-2 cents. "Daniel Prnll s factory, we learn, is succeed, ing so well, that a company of gentlemen, reci. ding in the vicinity of Prattville, have sent an agent north to buy machinery for a factory, to be located a few milo above Prattville." v. ? '. * * ** TaKRN VP anl> SENT to JaIL.?A white man who calls himself JOHN HARRISON, and says he is an Englishman by birth, and a shoemaker by trade. He was captured in Urn woods near this place on Tuesday last, and committed to Jail on suspicion of stealing?, . * negro man who was found with him, and who says his name is DAVIS JONES, a freeman, alias WILLIS, a slave and that he belongs to Michael Dorgan, of Savannah, Georgia. Thfl white man is about 5 feet 5 inches high, atoot built, dark hair and dark complexion, and ap? pears to bo about 25 years of age. The ne gro is about 5 (bet 8 incbps high, weighs 160 lbs., and is about *20 years of age. Chrrav Gazette. The New York State Cnnat* arc to he closed Dec- 9. The tolls for the tear wjH rp^ch tf ry ne?r *3,30Q,000. . ,