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as, It44, I Sill. #10 per Annum» orfl months, #5 ier,5 per AnnumiVorO months, $3. ‘fPArAIII.K in aiivaNck.) ttliiimiiierofHay mi •Mr. J. B.Gaitorv’s T In bath Vapus. nn<l Bull-streets,over Store. DEBATE IN THE SENATE, INFLATION TO THE VUOLIC FINANCES. Weuhmday, December 10,1*40. Themotion submittedliv Mr. Wright on Mon- dny“liwl, proposing to refer so much ofthe Pres ident's merange u* relates to tint Fin'iuce* to tint Committee on Finance, coining up lor consider* 'Mr,"Webster row and addressed the Senate »«tenrly as follows: Mr. President: It linn not been without grunt ■reluctance that I linvo riratt to offer any remark* •on UlC Message ol* the president.’especially nt ■ this tmSy period ortho session. Thnvn no wish ’ to witness arpmlongcd and angry end exciting discusiiotrwn the topics it coutnnis. Tho Men* ante is, tnninly, devoted tonn idaborsto and plan* •ible defence ofthe codr«ftofthe existing Admin* •istration on tho finnnres & currency ol* fee conn* try i ity wells on the wfejeeta which have hcunre long discussed among ns on batiks and hanking, on thn excess' of commerce nnd speculation. on the State debts, nnd tho dangers arising (ruin them—on th»«rth*Tfe:iniry. ns it hniheen called, or the Independent Treasitry, ss others have do* nominated it. I propose now to deal with none oftlieio points; so far ns they utnv be supposed to afreet the merits r*r character oi’ the AHminis- trntion.lHey have, ns I understand it. been pass* ed upon by tbo ennniry; end I have no disposi* ' tlon to-reargne any of them. Nor do I wish to ’enter upon nn enquiry ns to what in these mat- •tors, is supposed to have been approved «r dis approved bt-thn'lVople oftlio United States.— •It appears, however, thus fiir. to'bo the di pn-fi- tion ofthe nation to change the Administration •of thn Oovernment. AIM purpose nt this time to do is, to presont somo remarks on the sub* ijcctnf tlie finntiees.xposking on thn present state •of things only, without recurring to the past, or speculating™ to tho future. Vet I suppose that *•01118 proper forecast, somo disposition to pro vide for what in* before us. naturally mixes itself up in a greater or less degree with all inquiries of this sort. ftlthfoview, l shall submit a few thoughts upon 'the Message of thn President; hut I deem it tie- ' cestorjr to,preface what I shull any with some few preliminary remarks. 'And, first, I will any a word or two on the ques tion whethcror not no unfounded or erroneous impression is •eommnnicated to the People by that document. -In this point of view I notice what the President says in the Sth page. Ho •there, represents it as tho great distinctive princi ple—the grand ditTerence in thochamctcrs of our pnblic men—that of one clnss of them it hnn bei : lhe constant object to create end to-maintain a •publicdebt; and with another, to prevent and to ■dischargeit. This l coosideras an iinfonndfd ■imputatmr on those who hove conducted the Government ofthiscnniitry. The President says tie has " deemed this brief snmmnry of onr fiscal •flairs necessary to the due performance of a duty specially enjoined npnu him by the Cousti- ttntiun. ft will serve, also, to illustrate more fully the principles by which he has been guided in reference to two contested points in onr pnblic policy, which were earliest in thairdevclopenient •ad have been more Important in theirconseqnen- cesthanany that have arisen under onr system of government: ho “alludes to a national debt and a National Bank.” About a National Bank I have nothing at present to say; hot here it is ofli cklly announced to nsthnt it has been a greatcon- tested question in the country whether there shall or shall not be a national debt! Now.I siibmit it to thu Senate whether there has -«\er existed in «ho country any party, at any time, which avowed itself in favor ot-t national debt,per er, ns a thing desirablet Does the history of tlie' past debts contracted by the Government l»y the least foun dation for any anch an assertion l The first na tional debt we have had was die loan negotiated in Holland by John Adams. None, I presume, ever doubted the policy of such a loan in the then circumstauces of the country. Then there came the debt contracted, for die pay oftlm Revolution- ■ryarmy, by die Continental Congress, or rather by the country ■through that Congress. Next were the debts incurred during the war by the States for the purpose of carrying on the war. Provision wus made (or discharging these debts as the cost *of our Revolution; can any body oh- ject to a debt like this? Of die same character were the loans made by Government to carry on tlie late wnrwith Great Britain. These are die principal national debts we have ever contracted, and I cannot but diiuk it singularly unfortunate that what look* so much like an imputation on those who authorized these loans should come from the bead of an Administration which so far as I know, is the jirvt that Iris tear commenced a national dill in & time of profound peace. And now to proceed to dio actual state of die finances. Tlie Message, though it does not call the obliga tions ofthe Government a national debt, but. on the contrary, speaks in die strongest terms neninst a national debt, yet admits that dicre arc Treasu ry notes outstanding, nnd hearing interest, to die amount of four and a half millions; and Isee, connected with this, other important and leading truths, very necessary to he considered hv those who would look out beforehand that they may provide for future revenue. Ordiese, the first in importance is, that the ex penditures-ofthe Government during the term of the present Administration have greatly ex ceeded.it* income. I sliuii not now argue die question whether these expenditures have been reasonable mr unreasonable, necesrarv or iiune- cciwry. ■.[ am looking at thu fuels" moot of ... , Urn general funds oi ry, Instead of being invested, accord’ll the Intent of troniy stipulations, in pirmhntti to Im held perpetually fur tho us« oftlio Indians, that Tho fiict npponrsto ho that,‘instead of keeping n l! ‘ ncpnr.'to meoiiHtoniieVc trust funen, ihe ntifiiUm purchased has ImWi pnMltho tho general cthdit of tin) Treasury Recounts, arid the cost of stores fbr llieiHnvtvr;monl has Ikmmicharged on the oth er side. 'Ann in,idler of* account nnd book-keep ing tSiis might bn thought correct, nr it might Hot; hut Air. W. said he thought'll would navo been butler In keep a separate account for funds thus held in trnsl, as every private individual does, who iiiimulon trustee for the interests ofolhBr*. If the facts were ns ho had gathered (Yum the re- I mrt submitted >«• Congress, Imre were tlircfttir lour hundred thousand dollars of tho trust fund not invested, anil which remain yet to lie invest ed for the hut* lit uf these Indian tribes, As to tho rotes at winch dm storks had been nirrchas- ed, Mr- W. said he found that certain Alabama stocks had been bought at various and reinnrkn- bio rates «f premiums. [These wore feinted with soum. particularity by Mr W.—but in this, hasty sketch, the reporter cannot undotuile to givn them, hut trill, if prnctincuble, prepare a fiote of thutii foriihothorday.] W« have treaties with u number of tribe* mti- •'■ud within Inie years (said Mr. \Vi)hy wlrich wo siipulatcd to invest tho proceeds of those‘laud* in stocks ofn permanent kind hmring interest. Wo arc indebted, therefore, io these Indians in thn whole Miiiotiut wit agreed to pay Ibr these lauds, which have been transferred to us, survey ed, pm in market, ami large pot lions of'which i suppose, have ere this been disposed of. We promised to invest tho procoeds Ibr their bene fit—which has not been done. Instead of •ask ing for money wherewith to purchase iheso stocks, dm Treasury has been computed to ask for the amount of interest only, holding the Unit ed Stales debtors to the Indians, whereby u dfcbt to »ll intents and purposes, to tho whole amount of trust fund, is created, and it is lobe lidded to the amount of debt duo hv the Om*rmn«nt. -I do out say it must he paid to-duy, or to-morrow, hut it is nu oiitsanding debt; the Government k under an undischarged treaty obligation to raise the money, and with rt to buy stock fur lire ben- efit of the Indians. After pointing out somo discrepancies in the Treasury reports in regard to these investments, Mr. W. went on to the consideration of other outstanding demands upon the Treasury.' That there nrn other debts in nil unliquidated state which must soon he providrd for, (said h»».) no one doubts drills for public works, ddhts for the war in Florida, claims of imlt-nmiiy for, Indian rpoliittinti«; and if half of what we hear he true, thn amount of these* collective obligations, cannot hut ho Inrgo. Hero, then. I’ understand there is a heavy dclfe hanging over the country, consisting of various, items—some for borrowed money, some’!© meet; Indian treaties, nnd others to pay claims nnd, accounts not yet liquidated—all of which must ho -pro.iiifd for nnd taken into consideration in' any fair estimate of ihe ways and means. I agree with ill that ir said in the Message os to the great impolicy, in time of pence, ofcoiiUueii* eing "‘public debt; bnt it -eems to me rather ex traordinary and inappropriate in the President to admonish others against such a measure, with nll : these fr.cls inipedinii-ly before him. None doubt,in point of principle or expedien cy, ns to the creation ofn p uldic debt, whether in the form of slock or of Treasury notes bear ing interest and renewable; or, if there he nny! difference T point of expediency, none nt least! enn entertain «ny great doubt which oftlio two* forms is-best. Treasury notes aro certainly not the cheaper of the two. Now, wc find the existence ofthis public debt as early as the rxistcuce of die present Adminis tration it«clf. It began nt the called session in September, 1ct»7. From the date of the first Treasury-note bill, in September. IK17, there ha* been no moment in which the Government vvns not in debt for borrowed money. The Secretary says it is nntexprefed that the Treasury notes now out can he paid off earlier than in Mnrch, ■j£4vJ, In whatever soft words lie chooses to invest-die matter, tho sum and substance is this: that diero must he a new issue ofTrer«ury netes before die Government can he freed from em- barrasrment. must confess t:mt it seems to me that the scope and tendency of die remarks in the Mess age do go to produce an erroneous impression. Here are n series of very strong sentiments against & public debt—against^inning a public debt—and »J! raid in fuctofa debt already begun —existing now, nnd under snrh circumstances as create the fear that it will turn out to be a very large one. We know that these various outstanding charges cannot, or at least will not, he brought together and presented in one nggre- gate sum for some months to come. Is it intend- ed by this document to forestn I public opinion, sons, when it shall nppeur that there is a public debt. to.give to it a dale posterior to the 4th of Mach next? 1 Irope not. I do not impute such a design. So far. however, as I am concerned, l shall take special good care to prevent any such result. I shall certainly recommend that there be n new set of hooks opened; that there he what merchants call “a rest.” Thatvvhat is coHected prior to 1841. and vvlint is expended prior to 1841, stand against each other, so thst. if there shall appear a balance in Tavor of this Ad ministration, it nmv he suited; nnd if the result shall be that thn Administraton is left in d*-ht. let that debt appear, and let it he denominated “the debt of 1641," which itvvill be tho duty of Con gress to provide for. lit one or two other respects tlie Message is calculated to areatc quito on erroneous imprer non. In the 5th pagq tire President speaks on the Mibjeet of tho Treasury notes in as mitigated a tone as possible, and tells us, first, that‘‘this small amount still outstanding" is “ composed of such as not yetdue." I suppose we nil knew that; and then he adds that they are “legs hv twenty-three millions thnnthe United States have oil deposit!* with the States.” I ark the Senate nnd I would, if I could trait the President, wheth er lie means to recommend to Congress to with draw the deposites now in the handsefthe S: Government," and goei on WobacYv*, But, to desirable n accomplish so desirable on olrjnct, two thluia nro Indisponrablo t Ural, that tlioraction of tho Fedo- icrnmeni ho kept wlthliHhc bound« pro- led by its Ibundura." Now, 4-did supposo thi» duty of koepiug tho action'ortho Fedor- ul Governnient within the Irunnds oflho ■ Cousti- tutir.n «hmi!uln t tluil it vvns not effected by times, circtiniitnucos, nr condition, .hut was al ways peremptory and imnidutory. Wliat is tho iiilurenco to bo drawn from 1 tho President’s Ian- gungo f If tho Treasury is etnptv, yon must keep vvitlnn thn Constitution t nnd what if It is fttll?— Aro ) on to break its lioiiudaf To transcend tho Constitution f l hud ulwnya thought we should neither he tempted to this by an overflowing Treasury, nor deterred by an omnty one from ta king such a course us die oxigeucius of tho coun try might require. There is also mi important omission In thn Mcssngc, to which I would cull thu notice of thu Senuto mid ofthe country. Tim President says the revenue bus fallen otl'two and a half millions of dollars under two himmial reductions of die rate of duties, at the custom-house* under tho luvv of im Be it so. But do wo not all know that them is bclhio us, within n yuur, u much grantor "rclinquislimont/’il'tlint is the term to he applied mit, uud within a.yourimd a half uioio another and tho Inst of these rudiictmnsl Do wo uot see, their, from tho ,presuiit existence of a iurgo debt, and from this lurther reduction of du ties (Umi is if nothing shall lie done to chuuge the law as it now stands) that n case is presented which will call for the delihu-ntion hud wisdom of Congress, uud that somo effort will be required to relievo thn country t But here is no recomiUHndntion at nil on tho subject of revenue. No incren-m is rocimmiend- ed of the duties on urtides of luxury, such us wiues uud silks, nor unyother vvuy suggested of providing for thu discharge of the ousting debt. Now tho result ofthe vvimlo is, that the experi ence ofthe President has shown that tho revenue of tho country is uot equul to its us pniidilurn ; that the Government is -•pending seven millions u year he) mnl its income; uud that we are in the piocMni «if running light into Uic jaws of debt; mid yet there is nut one practical recommenda tion as tn the reduction of tho debt, or its extin guishment ; but tlie Message contents itself wilh general nnd ardent rtcuuimemlalion* trot to cro- aloa debt! I know not vv hat will have to he done to meet the deficiency of the next quarter. I suppose his recommendation to issue Treasury notes will he follov.’ed. I should, myself, have greatly pre ferred a tax on Franch wines and silks. It is ob vious tlmt if this or something like it is uot done, tho times approaches, nnd is uot far off, vvlwn provision will have to he made by another Cou- grew. 1 have thus [staled my views ofthis portion'of the Mess ige. I think itlcudsto what may ren der an Extra Session necessary—a result I great ly deprecate on many accounts, especially on w-count of the great expenditure with which it will unavoidably lieultuuded. I hope, therefore, that those who now liuve ihc power in their hands will make such reasonable and adequate provi sion for tlnr public exigeucy as umy-reiider tlie occurrence of an extra 8t-sion avoidable. Mr. Wrijlit rose nnd observed that it was his duty to nuxwnr the remarks of the honorable Senator who had just taken his seat. The Sena- tor-hud referred in but one point oil which Mr. W. was net in possession-of the requisite docu mentary authority; if it were tlie pleasure of tho Senate, lie could wish lire further-consideration of tlie resolution postponed; but if uot, he would now proceed. The pot monument wss otdored by general consent; v/lren, vl® pordy-mJ I lay tl.al „„r nimffHr ‘•' e ! 11 ?". T»««2 t Do tha aclion«f Coilgre'.. durinli ilia l,«i rmiryanr. ha, boan, ibaU/iepul/u; n]tr.nditun Im acred nil, public iucom ul the rale of mvki »m.i.iom ODLLiR, PER A1JU3. T}ii. ii.«a,ily dimiuiista. tad. At t!ie comincnremRiit ortho lire! voor of llii. Providential torili, in Jannuiv, 18:l7, iV,e n n ,iu tlto Tron.iiry « balance or «!x million- ordollan.: which wa. roaerved irom diatrilimioii h» wliat ha. uaiinlly boon called the Doiiwiio Act. Tho'in. tontion orCongross wa. to rpaerve live mllion. only ! hut in cniuoqiiance 9 r an oncprniinly winch attended ormlirntlng tlii.To.nlt the Secretary, in lii. calcnlaiioiH. wi.-lisil to ho,’ nt lemt, on tlie mfii nido, it i,i n „,,| ,, int l|l( , . o •urn actually aaved wa. aix millions. Hero then, was tliia nniniiiit|„ U,„ Trc.unrr nn the ui at January, I«:l7. Emma oconrro.l during linn year which induced Congress to mutiny Urn lie- Jl0.lt Act.11II, to hriog hack again into Ihe Trim, awry tha ronnh inatiiliiiMit nt Uiaaiinit,, b„,|, paoiatinl with Iho Stalo., which oiiiniinloil to nine ilin war'll , f ‘ lr,h ' ! ,r- <Vo " 1 111,1 coniimihicn- " r r *raw -1 roiianry now nub. njitted to die senate, that, ofllie rtonk i.rthe iOmlcd Stale. Ill Ilia Dunk nr |j talt ., for which tnniii, have linen given lo tlie Treaattry by die llaiilt ol tho [IliiicilStnloi orPenii.ylvankl, winesl bond, lire now paid, tbern hnvii heonra' coned eight inillinni. Now. sir, thorn are nil item, orn pro existing fund, «imo nr whirl, li»v accrued mice Jniiuiiry, J6D7. I'o Iho™ f may arts Hie inilitniidiiigTroa.iirv note, running on intere.t, (lour nnd a hair mil. lions;) and tho whole forms nn uasroimto of tmnty-teren and a half millions of dollars of sur- lihw, in .rdditiou to the current revenue, wliinli Jiave hneu expended in thru and a half or four yflnrs-exaeptmg. of course, what may remain ui thn Treasury at the end of that term. Jl, the administration look to ih^e dcpoMtrs as a fni;d out of which to discliargj any ofthe debts of the Treasury T I find no recommendation of such a mens'iro. Why timn. vveie theso two things count ctod ? Tlicre is mulling in the fact that the amotmtof Treasury notes is less by twen ty-three millions thnnthe amount deposited with •Urn Slates unless ho moans to recommend that the lath*r sum slrnll he looked to ns n mean* of the», Inis the bnvoriiincii! hern expending money ■nt the rata. t,r nearly eight million.per nnitiini he- ;rnnd Jta hffijie. ttlmt.,tate ni'tlunga i. Hint I Diippnee It aim,i Id go on. Doe, not every ninn ■ that,we limn it nun debt iiniuedinloly hernre ■ahiHH'iu, ^ Jl *'‘ - H l ' 1 '* “■ lf ■ am incliunil In Thlnk llvi,. II, .me reaped ill lean, ili, not nil. iry, 1 ihiu,, hue pntduly dieiinguish. ■Cline tn mm nuporl,nit lirnnclii,r it. alliill, linlweeii 1 roniury rflola proper 'tf/md, ,ot apart hy tranly dttniiliilini,. —Iid liir Ihe.beno/itur corlniu Indian ,V th. lrensuiyhu. tnheu, nsholuii". .nverilioetil. that which praporly Im. a bust (mid whiohjho tinvoriiuniul on* ihrnat.pi (tnopgimnt stocks ihr the hen- -ajn lt.di"u irihos. TJti. iiuikes it ne- r. tv. on id, to look nditth) into these '” wrocMd to public doriunontr; Ml funds hud boon invested IPS*,, upon some of which «/iftdbi*«i} jrniej. . Biity-lhree ore less than twenty- eight! Hunt, why are the two ilms placed in juxtaposition ? The Secretary of tho Treasury m ats iIk* matte r iu much the same way. He speaks ofthe dep osites with the Stales as of funds iti Uip,'1 rciisury. Look at this report. In stating the resources oi the Trensury. ho mentions the US millions on de| osjte witii tho St-Hes. What can he the purpos-i of such a stotoment f When n Serretaryof the Treasury presentsto the world « Htnlemont oftlio tieiius of his Department, it is un.V! rsally suppose ! ihat his statement is roofi n - cd to what either exi Us iu thn Treasury, orii-like- \y tonccrm* under ill i operation of fisting laws. Hut this deposite vvitl: tlie 6t.ites is no more un der the control of lh«) Treasury than any other money iu the country. lie knows full well that an act of Congress is os necessary to his disposal ol any part of that stun, ns it is to augment the rate of duties at the cusioin-honse. The Treasu ry can no uioie use the ileposiies with the States, than it can lay a direct ta,v. What can bo the pur- pose—the fair pnrposr—-of presputiug sums as hinds m the Ireasnry vvl en they are not in the Uemmrv? Drwhatrnn ho thn fair purpose of referring to a loud as the means ofpnyinent, when it cannot he touched, utiles i the President means to recommend to Congrpss to reca! the deposiics made witii the Statesf That CougreM can do, and so ii can miginem the ram of duties ;hnt till it (Iocs, those depositee urn no more means in the Irens" ry than it they belonged to another nulion. I lie day, I hope, will como-I J.uvo long desired rt—wlmu we shall sno plain r„ c t plamly stated; wlipii the reports ol onr tis«il officers will deal Jeram guesses nt thu ftiiure, and will use forms am. phrases, I will not say which are designed to mwleut! nr to mystiiy, bht Hie resnltof which is to mislead mid to mystify the nation. I suid that tlmugli the honorable Secretory pretty clearly hiUmntes.that vvo imui resort to u new issiio ol Treasury notes, yet the result of all (fltgssHyei- ling new ' "I continue tn hope that iho goncral jrcnco will •Htitba disturbed. It is nnctssory for tho Ronotal corthhori interests of Eiiropo, the linppinora of itypopnlulion, nnd tho progress of civilization. -I depend nnoil you tn assist me to itiainhiin it, ns 1 should rely nuon It if tlid honor of Frniice iiiidUui rank which she holds among nations cumm&ndud ns to muko now efforts. *'l*oitro isre*oshihlislicd in the mt.rth'ofSpnin, nnd vvo congratulate ourselves nil tlmt Imppy re sult. Wo should see with grief that tho uv’ils ol anarchy citmo lo replace tho ovils of civil vvar. '•I huva iho tiiostsincerointcroHi iu Spain; limy tho stability of Isabella,-I I, mill of tho institutions which ought to Hustuin tho throne, preserve this noble etrumry Bom the long uud grievous evils, of-revolutions. "Not having obtained from tho Argonlino Re- public tho satisfaction which vvo have claimed, I Imvo* ordered Unit new forces should he added tn ilin-ftpindruu chnrgccl loinmro respect Ibr onr rights, nnd protection lor our interests. "Success lips crowned several important ex peditious in Aftica, whom tho valour of our sol diers tins heoit signalised—two of my sons have partaken their perils. Exertions are still necessa ry to gunrnuten iu Algeria thn safety mid pros perity of our establishment*. My Governinniit will know how to accomplish vvhut wo liuve un dertaken. "Tho city of Boulogne Ins boon the thentra of n foolish attempt, which Imi only served again to call forth the devotion of the National Guards, ofthe army, mid ofthe population. Allmnhliiou will fail ngniustn Monarchy founded and defend ed by'tho all-powerful expression ofthe national will. "The Budget Law will soon he submitted tn your •examination. I have prescribed the most Severn connumy ip the establishment of tho or dinary expenses. • Events have imposed upon us unexpected churges. I have the confidence that public prosperity, nt its extreme pitch, will permit us to support them, without utlecling the slate of our finances. "Other dispositions will bn presented to you of public utility onhulmlf ofliiemiiire nnd edu cation. Gentlemen,—I have never claimed with moro earnestness nml confidence your loyal co-opera* tiou. Anarchical passions have pel bee" dis couraged by iuipoteiicy. Under whatever form they umy he presented, my (ibvurimietit will find ill tho existing laws, and in tjm firm inuiii- tennneo of the public liberties, the necessary arms to put them down. As forme, in tho trials imposed on mo by Providence, I cau only ho grateful fur the protection which it has not ceased to.throw over me, us well us my family, and to prove to France, by u never fiiiliug attention to her interests mid happiness, tho gratitude in spired in me by the testimonials of aflection with which it surrounds mein these cruel moments." By the French papers of Suturduy received by express, we learn that the new French Min istry bus already obtained, uud on the very first, occasion possible, a signal liiiimnh in the Cham ber of Deputies. The election for tho President wus ns follows: Votes present 31)0 M.Sauzet £*J() M. Udillon Barrot 154 M, Thiers 4 The old majority of’221 hits thus rallied under the banner of Mr. Guizot nnd.Marshul Soult for the maintenance of peace, whilst M. .Thiers, with a fewadhereiitR, seems to havo been lost mid absorbed ill the Lift, which, at tho utmost, cannot muster 170 votes. Mr. CaUioun moved an adjournment, The Senate adjourned. SA V ANN A II. lie just and fear not, let nHihe end* thou Binfst.be thy Country’s, thy God's, and Truth’s." THURSDAYMORNING.DECEMBEU 24,1840. FOR CONGRESS. Col. HINES HOLT, of Muscogee. Elution on First Monday in January. LATER FRO.M ENGLAND. The packet ship Sheridan, arrived at N. York on Friday last from Liverpool, having sailed on die 14th Nov ember. We have papers front that city lip to the day ofhprnrrivnL hut they oul/an- "ounce her ns telegrnpl ed below. Through the kindness of a friend we have had placed in our hands the Liverpool Mercury brn’t by the Shcrit'an, of the 13Ur November, received hyyestordav’j* mail, containing date* two days later than we published on Monday, by the arri val of die Cation at this port. Wc have also the Liverpool Prices Current lor the wirak ending 13th November,from which we give the operations in die Cotton market. Parliaim ntis further prorogued to tho 10th December. The Boailv of England lias obtained a credit to draw upon Uumhurghto the extent ofn million Taglioiu has arrived nt St Petersburg!!, and oommenccd an engogemewt at the Grand Opera in that capital, for which 4lic queen of the dan cers receives 1000 roubles, about £35 English currency, nightly, exclusive of a large regular salary. There lies lean a great inundation in France. "Telegraphic despatches," says the llmUeur, "of tlie (iih from Lyons, and the 6th from Nix! niex, Mato 11,o litiiadon lo ho most deplorable, TbeSaone«»pouring its waters into thclthone the midst oftlio streets of Lyons, Towards tho uimilli ofthe IUione the river had carriodaway ils dykes, and inundated till this couulry round Arles." Avignon wrisconipletcly iiinndnted-the n ater wss op to Ihe Chun Ii ol St. AguMo. The mails were first slopped at Avignon, mid then at Vs. cnee; Unit of the 1st from Marsellc., inis mmed " n ' a '’' Tain, and all tlie tultn! on the Rhone, ore under water. Tlie fiaono has discharging the former. DoesliomennioTiiforni 1®“ “? d 1 7 l 4: Uacnn is under water. Ve'r'deu Cnnm-es* tlmt twenty-three are lera than tvvnntv. ' ?,.V Rl “ 8inular ,ulu »• the north. The V’ice-Presidcnts nauied were, Votes. M. Cnhunu 269 M. Dtifauie 213 M. Jacqueminot 108 M. de ulvnndy Jg5 The whole four ure oftlie peace party, whilst the most pacific and moderate of ’I'hiers’s sup porters, viz. M. Ouuneron, could muster hutl07 votes. The riso in tlie price of English Consols may be regarded ns decidedly indicative of the quiet stale ofthe public mind IuEnglund, certainly far as Contiftental difficulties are concerned. From Syria thcro is no news later than what was published In our paper of Monday morning. We publish an accouut of the battle fought uear Beyront between 4000 Turks,under thee uruml of Selim Pacha,assisted by Gen. Jockmns, Commodore Napier, nnd Col. Hodges, and un Egpytinn column, commanded by Ibrahim Pa- chn who has hitherto been deemed invincible. The fortress of Acre was closely besieged, and according to the accounts of deserters, rt will no ( cost so much hard fighting to take it, in tire pro- sentstnle of its defence as it did when ussailedb/ the French Legions some forty years since. The opening!)! the blockade of Alexandria in Egpyt. had been postponed by Admiral Stop- ford to tho 20th November. We are surprised to observe that travellers going to Bombay over laud experience no hindrance in tlrcir journey to In China, on« would suppose tlmt the opera tions of the British were uot characterised by the vigor which has presided overtire rmiveuhmU of Commodore Napier. Wo annex extracts: Largei bodies bfTurkish troops corflintied up to the 14th ult. lo emburk daily at Constantino- plejor the Syrnm coast. Tho Turkish force then iu Syria, amounted to ten thousand men, und it of so inrgo a lOTco.fii Uiht ci ployed In Cliinn, had ocfiasicinod np(ff«iUflislons tlmt ilia natives ofAfglinWtnu would throw off llieir subjection to the llrltloh arini. tlforo was a rumour (rather vngua hotVover) that Ikdiio Brit- iih detachments htul been ctit to pieces by native troops. Major Clihorue, while matching to rallova tho garrison ol Rnlochisthii, vVrts attacked in tho nar row mountain paw or defile of Poojnlne, jty a largo body of Muraes and Beltiohins, and com* pnlled to retreat with tho loss uf 4 oflinors and Sot) Sepoys killed. A* convoy"rtn'dur his osoort, fell into tho hands of the ntidfey. 'fira Bumhny Government wore uliotit t« feen'd U'well appoint ed force of 10.000 men against thn insurgents. Herat was being strotigly fortified by British Etiginners. This town is on the frontiers of Persin and Afglmnistan, nnd commands the de file oftlio mountain through which (ho British cnliiiiins nmicliing from India, moro Until a year siuco, first saw tlm pluiltsnrPorsIn. By tha same pass, Alexander the Grant and Uenjis Klinn, on- tered India. Thn British conquests extending Bom the East nml the Russian from tho West, havo now udvaticed so fiir that tho tho advanced posts ofthe two nrmies nro almost in sight—or nt least, within striking distanco of each oilier. Mr. O’Connell walked ahum through tho town yesterday in dm rop ( . ( ,| uniform: mumrty, a light tray Irize coat, with brass bultona and velvet col* «r* A number of little hoys followed him. struck wdh the novelty of his 'nppearol.—Dublin liar- rtM , t EGYPT. The letters hv tlm mail Irotn Alexandria,which bungs the ovcrlniid nows, come down to the 21)th tilt. On tlm 25th, Captain Fisher, of the Asia, announced to tho Consul-General of Holland, that he Imd received instructions from Admiral .-°a . r< * tho blockade ofthe linrbor ol Alexandria until the UOtlrof November,for tho purpose of permitting vessels iu ballast to enter, and allowing the merchants of neutral nations to ‘vport their goods nnd merchandise. Tlie sieamer Liverpool-arrived nt Alexandria, on tlio lUtli with pnssengers. hut without mails, either for Egypt or India, both of which had been detained by the nostmastor at Malta. The pas- sou".™ for Dolnimy, sisto.it on tho24th,nnd ovn- iy lacility was ufibrded them for their journey to A telegraphic despatch had been received at I arts, from Murseillesnnd Malta, communicating the foregoing, with the following additional state ments:— “ St. Jean d’Acrn has uot been nltacked. “ V»e Plucton, which loft the squadron of Rear Admiral Hugon undersail iu the latitude ofSpez- zia, left Malta on the 1st itist. ut twelve o’clock, to return to Toulon." CHINA.—ovERt.ANn mail. «y overland mail from India, a mass o ! ‘im- portant intelligence has been received. It brings news Beni Bombay to tho 1st of October, from Singapore to tho 13ih of August, nod Boin China to the 3<l of July, I’lie following is a summary:— I Im last intelligence from Iudiu brought lid- mgs of the sailing of the expedition, and its arri- vnlnt Singapore. Tho presontiurorms us ofthe safe arrival of the expedition. The first vessel, the Alligator, 28, Cnpt. Kuper, arrived in thu Canton river on the 9th June; ami nearly the whole of this squadron readied their destination in safety bv Uio 21st. The following dnv a notice Was issued by Sir J. J, Gordon Bremer, declar ing the river and harbor of Canton in n stnte of blockade after the 23th. Captain Elliott had sta tioned several ships at the mouth ofthe river to •enforce the order of blockade. The island of Lhusan. (situate on the eastern const, in the pro- on"; 0 " f C ,lek,pn >- *'i east Ion. 124 deg. north lat. du deg. 40 sec.) near tlm mouth of the great river Ynng rson. and on which stands Nankin, tho southern cnplital of China, was taken possession or by orders of Cant. Elliott. On tlm 20th ol Juno, tho day on which the blockade commenced, Admiral Llliott atrived off jWncno; nnd, having taken Captain Elliott oil hoard, follownd the expedition to tho scerro of Inture operations. Proclamations, in the name ol tho British Government, had been circulated among tlm Chinese resident on the coast, pro- n l v J ? , P ro,eclioilto P cr80n n »d property Iry’the Hritisliforces employed in tlm expedition. Gov ernor Lin had uLo proclaimed resvards nnd hon ors. ns n stimulant CJiinuso nntarpri7.n end Va lor, to nil who should succeed in capturing or destroying any portion ofthe British fleet, nml any number orBritish subjects. COTTON MARKET. *rcm the Litcrpool Prlrtt Current, for tin vetk ending 13rA Sorcmbrr, 1840. Collon.—Tho trade continue to buy.sparinglv, but though the market during the latter part of the'week hns Leon languid, prices generally are fully maintain- p ’ V? r, r U ! ar ty ,n l, ie lower qualiliea of American; J^astJiulia baa been ofTcred very freely, and in order J ! S0 ?* “ retluc, 'on of id per lb has been sub- * muted to; but Egyptian is ogain rather denrer.— i here were offered by auction to day C41 bags Sen Island and 77 Sioinetf do, of which 260 oftlio former nnd HO of the Imter sold, nt jd told per lbndvanre lor the qualities of Sen Island ranging below good, which, with the fine descriptions, barely supported previous rate*. 750 American have been taken on speculation this week. trom a table in tho prices current, wi condense the following particulars: £up». PitKmuynf'Vna itch* fitd llutcr, John Me Ilt\vunn, reports thttl on thn l^lli Inst, one ton Mtitticl day out,'Pan uf Matmizus B. 8. VV, 45 mild by tlm hnnsi account, was clinsad throe limirs by n fiftt-sailiug chnlleny, hurmitplirmlito brig, wlm firud n loo atid , ‘woutlmr duel Jg gun (tho former supposed to havo lioou blank, tho luttur ‘■hotted) mid compelled him Iblmnve too. Cnpt. p. states that on running down a- orosshis stum, Im bid him "good morning,”and asked " ivhonco cainoyo, and Imw loiigfbVttf”. Than hnnlcd Ids wind. Ho roportod Bbln Pn* luriuo Air Hirvaun. Cnpt. P, Birtlidr states, that ho could see nothing^on deck that lnqko)| Hnalllo, hntsuppusns from his conduct that ha was not from Piilcrum for Havana. The brig carried no nnina on hor stern, and her bottom sucuiod tnoj nlenr fora long voyage previous, THE CASE OF THE REVENUE CUTTER AND THE SHIP HERCULES. Wo Imd proposed tvliun this subject was agi tated hero .somo mbuths siuco, to voutttre an opinion on tho merits of tlm'case. Tim suggev lions tlmt occurred to. us at tlm timo, have been anticipated hy somo of tho Northern papers. Our own opinion wus, und is still, tlmt in the first place, the ofliner in command ofn Revenue Cutter has tio just’clnlm for sulvngo, Uhdcr any circumstances tlmt umy arise; and in the secuud place, tlmt there is no precedent of a claim hav ing boon sot up hitherto, ofa similar character. We apprehend tlmt no claim of this nature cun ho justly made for the reason llmt it lias over been considered a boundenduty, and one oftlio speci al objects for which tlm Revcnuo Service wus created to render service lo merchant vessels in distress, nml tlm stumling orders of tho Treasury Department have been, that such service should he rendered. In ohedinneo to sudh general in structions, we havo seen the Cutlers On jho North- erlr stations, braving the most imiulnont dtftigor, amidst the severity ofa Nortliorn winter, in aid ing merchant ships iu distressed situations—nnd wo urn confident iu tho assertion, thut no salvage was over claimed in any instance, ibr such servi ces. Wo may bo in error, but ifsuch claims imvo been made and uliowed, wo nro not aware of it. We should ns soon expect to see officers of 'the Nnvy preferring similar clninw. Thu ofli- cers ofboih servicos nro paid by the Government for specific services rendered to tho honour and interests of Government. It seems to have been regarded as tlm duty of tlm Revenue Service, to render llmt assistance to the merchant service at home, which is rendered hy Men ofWnr nhrond, nlthough the practice Ires prevailed forafew'winters past, of employing an occasional Mnn of War on this service. Wc publish tlm letter of the Secretary of the Treasury, inunswer to one from Cnpt. Grf.oer- son, soliciting his interference. It will strike our renders wilh some surprise, tlmt a Secretary who has repeutedly issued spcciul orders from his Department directing Cutters to cruize on our const for tlm purpose of assisting vessels that maybe in need of assistance, could not Imvo in terfered in tho present instance. It is certain tlmt the Treasury Department has exercised vir tually hitherto an uuthnrity over tlm Revenue Department) which required its officers to form such services without remuneration. If the Secretary of tlm Treasury, bus not the power in question, it should bo conferred on him bvnnact of Congress. Our Revcnuo Cutters should not under any circnuistnnces becomeWrecktY". We Impu to see mi act of Congress passed reorgani zing completely the Revenue Service, and ar ranging the pay of its officers on a scale more commensurate then it has been witii tho impor- junce of their services. " Treasury Department, Oct. 31,1840. # Sir,—Ytfnr letter of the 24th inst., in which j-oii rump In iii of tlia liliplling for oulvugu, of Uio ship Hercules, under your comfnnrtd, hy Capt. Rudolph, ofthe Cutter Crawford, has been re ceived, and I Imvo to remark in reply, tlmt the question being trow pending iu the proper tribu nal, to try und decide upon tlm rights ofthe par ties, any intorfereuco by this Department would not only he improper, hut without any beneficial effect; und Unit however much I may regret your misfortune, uud the inconvenience to which'you are subjected, it is not in tlm power ofthe De partment to ufford you relief. JETGim Ilurrl.ua Im. 'tWdMJ t|„ „ mM Clork of thu Court orCmnmtm Flow ofllatuil. ton county, ORW. fe. w jl.it, El,. In,, boon Appointed Clerk, pro tem, ’«■ S> Di«k.^.'rho -Phllodol l il,l» Sontlnn ooyn ( Wo'itnilor.tiinil llmt jndniH.fnt'ornon pro, w „. yontorifciyoiiiorod tn iho tM loiyurlomcososor 1 Imyor iind'otlioro o^olnoitho Dunk oltho Uiili«d Stutes. 1 hose'cases it will ho recollected,iuvulva I m payment in spocio of more than a million of dollurs, und unless tho non pm Is set aside, iurv seriously nflbct tho efforts of tlm Bunk to resiimu in January next. Wo uro also informed that a rulo to show cause why the non pros should not bo set aside, has hneu taken by Air. Cudwnllader Counsel for tlm Bunk. . ’ was'expected that ten thousand' more would 1 T,1 °® 0,M ° rt,,eweek en,li,1 S 13th, ore 480 Sea coast before tlm end ofOctober. 1 1 ' Inn “' rom l3 jd a25d { Co do stained is, thut if Congress wish to avoid lint tier of increasing tlm du'ies, or of#! JVeasqiy notes, he Ims a resource rogdyfcriimin, viz. to reduce their appropriations below even his own cstiinnios. This is icueli like what he ton us hjst yearand vet wlmu wo did reduce °»r appropriation* within even his estimates, snll tho i'raasury is in want of money. Ouu other remark is suggested by what the I resident says to iw oil tho titli page of his Men- *'* 1,101 itJrt l ? uvol ‘ , 11,0 I intention will Im sutniiiueiho.you^audyou will crenttmi af a permanent debt l»y tlm General I appreciate tho motives of them. ^ The Messenger published the following tele- graphic despatches;— - 5 r. i-.f ’'^OVBSIBKR 8. AT NOOV. 11 Vie prefect ofthe Rhone to the minister of the inte rior. "The fall of lire waters contiiiues, hut we ure Mill covered with water. Tlm lUmm. has mount- cd 4 0 c ^!' u !" etre . e - Somo houses still ure carried away- 2J8 have been dragg«.-d away ul tlie Guil- lotiere, more than 200 at Vuise. "The damage done is in tlm tamo proportion an along toe hank. 1 v ,,'ri “r'K 0 ! 1 / AVwm&er 7, half past rlttcn. Hie prefect of Fuucluseto the minister of the into- t rior. ‘The waters continue to fall; several quarters uT the city are free, but tlm fall continues slow- Tho King of theFrnuch opened the Cham bers on tho 5ih ofNovernber iu tlm midst ofthe most enthusiastic acclamations. It will he seen hy the votes in the Chambers, that the pence porty is entirely in the ascendant. M. Thiers mid his revolutionary comrades where they ought to he, in a decided minority. It is a ctrong indication of tlm senso and discretion of tlm French people that peaceable measures are so strongly advocated. Louis P|,i||jpp„ .... usual seems to have comported himself will) a singlo eye totljohouorjiuppinessandpiospcrity of France and of Europe. The following is a copy of tlm Royal speech:— “Gentlemen, Peers, nnd Deputies—I have felt the necessity ol'ussembling you round me before the ordinary period of tlm convocation of tlm Chambers, i’he measures which tlm Emperor or Austrai, the Queen of Grant Britain, tlm King ol Prussia, and the relations between tlm Sul tan and the Puclm of Egypt, havo imposed seri ous duties upou mu. I have tlm dignity of our conntry at heart ns much ns its security aud e- pnro. h persevering iu this moderate and ..on- cumtory policy of which we havo rcuped tlm fruit lor the Jest ten yeura, I have placed Franco in a position to fuco the clmnccs which the course of events nr ( tlm East may produce. Tlm extraor dinary credits which have beeti opojmu with this reach the bynancooirt before the end ofOctober. lo meet the expenses of these expeditions, fee Porto wus about to contract a loan of three mil- lions sterling which the London house of Ricar do and Co. hud agreed to bike ut eighty per cent at six per cent, interest, of which the payment was to be secured on tho customs. The Porto was likewise preparing to issue a new coinaeo on « standard of value which should subsequent- ly prevent tho shameful und nefarious deprecia- nous iu the currency which huvciieretolbte bro’t so many miaiorturien upon featcouutry. 'Fhe following is an extract from an official dispatch, dated head-quurters,Beyrout. Octo ber J 2, six a. iii.:— "At kvo o'clock on tile jOlli of October , vo bint seven initiation. ntArdnli, when tlie lire 0 f Onict liey, approaching l,y tiro mud of Ucclii. lujra.waa distinctly liceid in tin, enemy's rear "The lulinwing dispositions were then taken lor an immediate attack: "One baitailiou and tho mountaineers were directed to cross fee ravine which separated us rrom the enemy, and to urrivo on his lino of re treat by tlie rond to Biuimma. " Four battalions stormed fee heights of Colet McHan two in tirailleurs, «.i r ported by two otli- era ui closer order moving by the road. Ar'dili" 0 balul,i011 re8K,VH,i «'« Hiu heights of •• After two hours fighting, nnd tho display of the inostdurmg gallantry on fee purt ofthe Turks, or the elite troops oftlm hitherto iinvunquisliud lorahun i acha also-stood manfully to their posts, stiongly fortified, uud facing both attacks, we clan 0,,,er 0,11,10 ,,e '8 ht * ol * L'ulat Mei- " The eupiny's threo lines of retreat being or- copied hy our respective corps, n uimly, the road io Uriiniann by one column, and thu roads t Uerlnfiiya and Cornell by Diner Boy, Ihruhini's torces were thrown into tlm Gorge, uot twunty- nvo men of any ofthe corps remaining together at sunset, und he himselfuscaping wife dilhculiv, accompanied by a few horsemen. “ hundred prisoners, all hia stores and uinmurm.on fell into our hands. A grout many more troops will disperse to their homes, or be pursued hy the Emir Besclrlr CasHim, who ar- medut sunset within threo lioui* distunco from tho hold of battle, audcommniucaujd to the Com modore that.ho wus then observing the 2001) men gJfNl tu Ihruhitn i'aclia’s support from „ " j 1 . 1 c®h«» , nncnce of ImvingJieon weakened hy Ibrahim I acha’s order, by feur battalions, Soly- tnair i uclm wulKJrew altogethor from Beyront in the night oi the Dili October, and coucentratod m a camp one uud a half liomr’s walk oust from tlm town, having tlm riverhetwcen himself sod v .(!«!•■ I- ,u lnv I'" VVH ” c ,0)w«qu e «lly occupied iti rS 1 * T 1 “ u ' Ja hatlahou of Turks on the . rii i- ° t l . ,er ! hut tlm news ortho entire defeat , , ru ' llni I -ulia having reuched Soiynruii ]»a- elms camp, his forces were neizedhy u panio. Ho -miisell, abandoned hy his troops, lied in fee direction of Damascus, with at few srjmulronof or r “m) n ,“' iy °| r ^i‘ r"® <1 “P“ regill,cm I i,r rsf l!lld Uiuir tirou early un ihc JIth of Uctybcr at Beyront, ur.d gave up his en trenched camp with niueiceu trioces of‘artillery, ainmumlinn, stores, <tc. 3 . ” Our success has been complete. Tho Turk ish iroopsfought as they did iu tlm time of Holy- mail tlm Great. * B &c° ^ Kwu,lcno J Lord PojjBouby, ti. C. C a14d; 4500 Upland 5j n Gjd ; 5550 Mobile, Alabama nnd Ten nessee 5 a 6{, Aid 6880 New-Orlenns 5 n 7|«l. The imports of the week arc 6544 Upland and 9013 Mo bile nnd New-Orloaea—total imporu from tho Uni ted Stoles for the year 1,133,688 bags, against 759.- 631 bags to snrno time last year. Stuck 363,410 bogs, ■gainst 257,190 last year. Taken by the trade from 1 tt Jnn. to 13th, 1,031,790 Do. anine period lost year, 523 860 By speculators 209,300 hngH, against 353.020 lost year. By cxportcra 51,530 bags, against 78.070. IO 3 We have been permitted to take tho fol lowing extract Rom a letter received by a mer chant in feiscity, hy yesterday’s mail, dated ‘‘ Nv.w-York, Dec. 18. “The Sheridan is just up. She sailed the morning oftlm 15tb Nov. Import of Colton for the week ending 13tl» nit. 20,000; sales21,000 bnlcs. No change in prices—tho market languid nnd the trade only buying for immediate wants. On Tuesday they were wretchedly dull in Man chester; hut on Friday there was more demand for goods nnd yarns, which parties were buying who were not buyers before, and were therefore supposed to ho speculators. Tho Havre market was lower. Tho French Aliuistry more firm. •Consols 81)^—a rise of 1 per cent within a few days.” £7* At n meeting o f the members oftlm Savan nah Jockey Club held on Tuesday evening last, Hknry McAlpin, Esq. was elected President of the Club, Dr. Griffin nnd Wm. Patterson, Vice-Presidents, nnd Jamf.b-Kkr, Esq. Secretary. CONGRESS. Tlm Senate was not in session on Friday tho I8th, that body having udjourned fee previous day to Alondoy, 21st. In iho House on tho 18th, a bill was ’reported from tlm Committee on Ways nnd Mentis, and referred to thu Committee of the Whole on the State of the Union, making un npprqpriation for revolutionary pensioners, for tlm year 1841. I hero was no oilier business done of importance, tlm IIouso being in somowliut of a confusion from tho fulling oftlm splendid Chandelier re cently erected in tlmir Iluil.au account nfwhich uccident will bo Brand in another part ofthis pu- per. M r. Win. Cost Joimron (whoso desk had been shattered to pieces hy tlm fill of the chandelier) moved that Urn House adjourn to Monday next; which was agreed to, and tlm proper officers worn directed to cause tlm remnuuts ol tlm Chan delier lo ho' removed, mid now desks uud chairs to ho procured. I am, very respectfully, Your ob’t servant, (Signed) LEVI WOODBURY, Secretary of the Trensury. Captain Gf.oroe Gukoersun, of ship Hercules, Savannah, Georgia.” From the Baltimore Patriot. FALLING OF THE CHANDELIER. Tlm magnificent cliandclinr of Urn House of Representatives, which attracted so much admit* - uiiou, is u muss of ruins. About ten o'clock yesterday it fell with a tremendous crash, and tlm o eguiit lamp, aluides and chrystal drops, nud richly wrought ornaments, were shuttered to pieces. T Im immense framo work broken up Sovcral desks and chairs destroyed—but must fortunately no ouo wus injured. On Tuesday evening it was lighted to satisfy tho curiosity of fee members, many of whom were presont, and were highly pleased wife fe Q truly splendid oftect ifproducod, when fully ]|| u minuted. * Yesterday morning two n'tiendints were en Raged in cleaning it, und taking om tlm old oil, for tho purposo ofniipplying tho lamp, with somo ora supperior quality. They suddenly IburnT the fclmndelior begin to ascend, and in spite or all tlmir exertions, by throwing their weight upon it, it wont up, ulong tlm whole rod, to the doom, and struck with great violence against Urn frame work below tho sky-light, and instantly tlm wholo mass—chandelier, red, fixtures, nod ell, tumbled down. Tlm two workmen end tlm Hon. Mr. Goode, of Ohio, who was standing near thou/ had barely time to get out oftlio way. Hon Air. Dennis, of Maryland, was also pre sent,’ but was in u remote and sufe part offeo Hall. Alost fortunately the House was not in session, else the consequences would havo been such as wo shudder lo contemplate. Probably twenty or thirty members would huve been killed or unfilled for life. Tlm eloquent Chajjlan (.Mr. Cookman) nude an upprppriate allusion to tlm circumstances in his opening prayer, and returned thanks tn Di- vine providence, on the part of tlm members, for their escape from the great dnnger. It is tfiid there was a flaw tn the chum hy which the chandelier wns siisnendcd: hut 1 forbear to ipenk ofthe causos ofthe accident. The National Intelligencer savst—This Chan delier was of American mnnunielure, weighed over suven thousand pounds, und cost four or five thousand dollurs. It was thirteen feet in di ameter, contained 78 argatpl burners, and is said to have heetrorimtneiiled hy 2,650 cut glass lus tres, and 3,(J00cut glass spungluH. gNF.W-ORLEANS, Dec. 17. From Texas.—Wo are Indebted In the polite attention'61 Air. Slinw, oftlm steam-packet New- York, fur Galveston papers to tlm l'JlIi instant, inclusive. Tlm Galveston people are rejoicing over tlieisnpnosed recognition ofTcxns by Eng land. Air. Trent, tlm agent of tlm Alexicau Gov ernment, on liisteliiru from Alexico, died on hoard tlm schooner of war Sun Antonio, on thu 29lh ult. iris remains were brought to Gulvestotf, uud interred wilh appropriate ceremonies. We find the following in fee Galveston Com- riir of Urn 13th:— “IIousTON-itousE, Dec. Gth,— 3 o'clock P. M. “Marshal Busby has just amfeted tlm abscond ing Postuiusier from New-Orleans, Air. Ale- Uncen—and has him in the safe keeping. He is a fine looking mnn,and there appoars to he some sympathy in lfisbuhalf,but what will be his lute I am unable to decide. It dees Texas credit,however to show such promptitude in feu arrest of fugi tive* from justice in tlm United StnteB.” Tlm treacherous attempt of Canales to mrunm*-.- cro hisTexiun auxilliaris,is spoken ofbytho Tex- ions in terms of filling indignation. Congress has indefinitely postponed tho hill creating a system of bankruptcy und regulutiug the collection of foreign debts. Tlm salary of tlm Chief Justice oftlmRepnblic liasbueufixedatf!3* OIK). A resolution has been passed hy fee House tf Representatives, directing the mi-itary committee to inquire into the expediency of uiifeorizingtliu President to accept of fee services of 5,000 men, for tlm invasion of Alexico, allowing them to have what they take from tlm enemy, nud u league of land oulof any they may enuquer. A largo quantity of sugar has been made on tho Colorado this season.—Bee. lO J Among tho distinguished strangers in Washington, wo notice tlm names of Gen. Win* 9# H. A. Mil 16,1. II. A. Milbiolf Wre, Into Minister oftlm U. H. tn Almtrin. £7* We are reminded tlmt we have borne down too hard upon AInd. d’Hautvftfein ourlate review of her ease. It is stated that there is a pnmplfiet in existence just published, Containing all tho pros nnd cons, which ntfikes 'on t tlm be haviour irf Aladuum quito unexceptionable. We believo we have seen all tlm important facts con nected with both sides of fee question. Howev er, lot us huve fee pamphlet, and ifcircumstatices warrant it, we will inukc the amende honorable, THE LEGISLATURE. Tiic Miiiedgevillo papers received last eve. ning, state that the Legislature would prolmoiy adjourn on tlm evening of Wednesday, 23d inst. (yesterday,)hut we think it quitettoablfnl. Tlm Post Nute Bill hns been lost in tlm House by a Inrgo majority. Several bills huve been passed within a few days, but we observe only two or three of interest to our readers iu this sec tion. A bill to alter fee time of holding tlm Sn’ perior Court iu fee Southern Circuit has been passed—also a bill extending to insolvent debt, ors of this Stalo tlmir prison bounds. Wo shall publish a list of tlm several acts ns soon as re ceived. We Imvo received several bills which nro un der consideration, among which are tlm Quaran tine Bill directed against vessels coming from Mnitie, which hns passed tlm IIouso nnd gone to fee Senate. Wo understand it will probably puss tlmt branch offeo Legislature. Should it become n law, we shall liuve somo remarks to of fer on its provisions. ICFBy nlnto arrival from Alutamoras, (says tlm New-Orlenns Bee of tlm J7th inst.) wo arc informed tlmt Gonzales, leader offeo pirates who took possession of tlm American &chtu>imr at Corpus Christi Buy, nud murdered her crew, hns been arrested through tlm exertious of Alajor Smith, American Consul, residing at Alataiuoras. Several others huve also been arrested, und con fined as being accomplices. £3“ Wo leurn from tlm Georgia Journnl, that Jefferson J. Lumar, Esq. of Stewart County, died on tho 15th ins), in consequence of a wound re ceived from a Air. Reynolds,on tlm oveniug pre. ceding the olecPon in October lust. £7* Green, of tlm Boston Post, itieems, could net persuade tlm Whigs to voto for him for Alayor of Boston, notwithstanding llioy won his money un fee result oftlm recont Presidential election. His competitor, Jonathan Chapman, Esq. tlm Wllig enudidute, was elected by u ma jority ofupwurds of 3000 votes. £7* Tlm Quebec Mercury of tlm 26th ult. states that ott tho following day one hundred troops won Id leavo tho Three Rivers for Mada- VVnskn, It is tlm arrival ofthis body of men feat hus, in all prpbahlliiy,created tlio hubbub ” down Eust.” Commercial Jouriml. LATEST DATES. From Liverpool, Nov. 13.—From Havre,....Nor. 5. Charleston Exports, December 21. Kao-York—Ship Southport—1407 bales Upland Colton, 138| tierces Rice, anil sundries North of Europe—Barquo Neptune—290 bales Up land Cotton, 545 tierces Rice, ami 26 tons Logwood. St. Augustine—Sclir. Sto lrtn 6c Francis—180 bushels Corn, nnd Merchandise. Edenton, (N. C.)—Schr. M'Crom—1300 .bushels Salt. Schr. Caroline—1200 bushels Salt. At Ncw-Yorkon tho 16th inst. 50shares U.8> Bank Stock sn!d66|; 50 do b. 30 60J ; 56 do at 06$ 56 do 66; 56 do 36 d. 66. AUGUSTA, DEC. 21.—In Cotton there has been no change sincu our statement given nn the 18th inst. The quantity on aulo is light in tlie extreme, compared with previous seasons oil tho eve of Christinas. We continue iunucr quotations. Extremes 8j a 9 Jets.; prinite in sqnare bales 6 j els. Oftlm latter line for salt. Tlio general sales are still from wag ons at 9 a 91 eta. Siuco our last nnotntion, our river has fallen* and at this time will only admit Steamers of light draught to ride and approach toour wharves. COLUMBUS, DEC. lO.-Cotton—Sales brisk nt 7J lo 8j prime. River not in good boating order} thought lightly freighted boats cau reach the city with but little difficulty. Bales. Receipts for the week eudiug Dec. 12 2,251 Received previously 10,811 Total receipts 13,062 Total sliipuipnts 5,133 Stock on hand 7,929 Total receipts of 1840 to Dec. 12 13,003 <* •- 1839 “ 14,471 BALTIMORE, DEC. 18.—Coffee—Tho trsnisc- lions of tlio week ore large;—exceeding 6000 bogs- Two cargoes of Rio, comprising 5360 hags, were snld at auction on Wednesday at 10} to 11} cents. At tho sr.me time 260 hags old Juva were sold at 13} a 15} cents. We tmte calcs hy private contract of 300 bags St. Domingo at 9i a 9} cts. and 300 bags Uio at 11 a 11} cents. Cotton—Sales of about 200 bales Georgia uplands at Jl a 11} cents; nnd of North Carolina at 11 cents. Flour—Howard Btreot Flour—Tho stote price, for Howard street Flour ofcmmnon brands »t the close of last week was uniform at $4,73> Yesterday ■ further dduliuo took placo and sales of several small parcels were made nt64,62}, and to day at the same price. The transactions of tlio wdt’k have not been largo, and we quote the article now at 44,02} from ■tores, and at 84,50 from wagons. City Mills Flour— Sales of standard havo boon modo nt 64,75 cash, but some holdors to-day.ore not willing to soil nt that price. Sales of extra tit 13. Susquehanna Flour—Sales at *84,75 per barrel. . Corn—New Md. corn, white or yol[ow, has sold throughout tho wcbki including psicols to-day, et 45 u 46 cents. Tlrb Sales of old Aid. white or y e j‘ ow .t have been at 50 cents. Tlio supplies to-doy hare beongoodt . i'roo/s/ons-'-Severol small parcels of New Mess Pork have been sold nt$17cuih. nud nssle ofNevr Prime was matloaday or two since at #14,25 own- W o continue our quotations tor Beef with tho remnrx that they nro tlie asking ratos from store* 0U ^ T nin 7,‘i? considered only nominal, vis. Moss at #13; No; * **, • II, and Prime nt #9. Prices of Baltimore ctfgM . Bacon uro very unstesdy, nnd since the early pin®| tlie week a material decline has tuken place in Sum • articles. Sales nf several hundred prime Hum* were made some days ogo at,11 cents, and description hns been since qfibredat 10 cenu. Sales of prime Sides were made lids week nt 9} contMnt an article or the sumo quality has been more recent ly offered at Bj coins. Th* last named prices hows a clouline of nearly two cents P«£ jbtljjfcl!. Tho stock of all descriptions at ButtW and the receipt* coniine litrgo. Buies uf tli6 vnriou* grades continuo to be rondo from stores M ««*i*?* 1 quotations, which wo continue, viz. Glades No-1« < 18 to'Slcenu) choicANo.2at 10to 18 conU. Wes cm sells at 1 to 10} cents. A sale a few ds/s sgw