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SATURDAY.DEC.n. The President’s Message. From a telegraphic dispatch from Washington, published in the Baltimore Sun, we learn that the President has determined to keep his message open until the last moment, and it is extremely doubtful whether it will be sent in any direction in advance of its delivery to Congress. The President has also adopted the utmost caution with reference to the contents of the message, and all reports that may be published with regard to the topics upon which it treats, are purely guess work, and nothing more. The New Vork Bunks. Telegraphic dispatches from New York state that notwithstanding the large shipments of gold to Europe by the Arabia and other steamers, the specie line of the hanks, at the ensuing settlement day will show no curtailment, but on the contrary a further increase and probably a total amount not below twenty-four million dollars. As to the prospect of a resumption of specie pay ments, itis reported in well informed quarters that nucli a proceeding will certainly not take place be fore the opening of the new year, while others predict that there will be no resumption before •pnng. t Bank of Hamburg. t We received yesterday the following communi cation from I)r. J. W. Stokes, the President of the 1 Bank of Hamburg: ' Mr. Editor: My attention has been called to an 1 article in your paper of the 2nd iD»t., in which you 41 state that the banks of Augusta have refused to * receive the bills of the Bank of Hamburg, South r Carolina. You will please do me the justice to insert an * extinct of a letter addressed through their Secre- 1 arylo the Presidents of ths Augusta banks ou the 27th ultimo: a “ I propose to redeem the circulation of tbis I bank, held by the Augusta bunks, weekly, by a night exchange on Charleston at par ; and when I t bare no exchange, to pay interest at the rate of seven per cent, nor annum, reciprocally with the 4 city banks, until 1 am in funds to check’’’ This reasonable proposition, in my judgment, fi they unanimously rejected, demanding of me un- £ Conditionally, seven per cent, interest on balances, v and in consequence of my refusal to come to their c terms, they uow uttempt to discredit the bills of n the B ulk of Huniburg. A discerning public will do us justice. * J. W. Stokes, President. I Hamburg, December 2nd, 1857. Merchants of Greensroko’ and Foreign and t Suspended Bank Bills. —The Montgomery Ad tier • c #iw f of Ist inst., says: “At a meeting of the mer- ( chants of Greensboro, (Ala.,) the other day, a res- ( olutiun was adopted, declaring that after the first ( of December the bills of banks of other States, and 1 of the suspended banks of Alabama, will be taken a by them in payment of debts only at the rute« of < disco unt current in MobiU." 1 1 If the people of Greensboro, Ala., and those who trade in that locality, were to meet and declare that they would not pay any more for goods, wares or merchandize, in Greensboro’, than such com modities are worth in Mobile, there might be a ne cessity for another meeting of the merchants. “A frequent interchange of opinions,” it is said, “leads to harmony of action.” Si-Ave Vessels.-— I Three of the sluvo vessels re cently captured and taken into Havana urc said to have been built with Boston and Portland cap ital, and, when captured, eastern people were on board as officers and part of tbo crews. Another of the vessels had been owaed by parties in Massachusetts, Maine and New York, and was sold with the knowledge that she was intended for the slave trade. One had four hundred and sixty Africacs on board, and another one hundred aud sixteen. Nbwsi'APßr Correspondents. —Tho Boston Cou rier contains the following very plain und wry explicit and wry proper notice to correspoudcn ts : ‘ ‘ Writers who send to us anonymous communica tions only waste their time, their paper and their ink. We cannot undertake to read them, still less to print them.” Columbia Racks—Oonuakek OotinsK.—The fol lowing is ttie summary of results for the first day’s raring, Tuesday, Ist instant, as given in the Caro lina Toms: Sweepstakes, mile heats for three year olds, S2OO onlranee, SIOO forfeit: Thomas Taylor’s ch. c. Basrecchi 2 8 Maj. Thomas Doswell's h. c. Slasher 11 —— Wicklitlo 3 2 Time, 1.54>£, I.SS’-f Secorut Race. —Milo heats: Sue Washington 11 Harry llill •_> *j Time, 1,85,1.54^- Among tho notable turfmen upon the track, says tho Timm, we noticed Messrs. O'Hiiik and Wat son, of Virginia, and Mr. John Uuxtkb, of New York. The two former intend making a number of entries for the Charleston races. Mustn’t Roll.— At tho Virginia Annual Confer ence, lately in session at Elizabeth City, X. C., Rer. J. E. Edwaros and Rev. Lbonidas Rosser were n rraigned upon the charge of rolling a game of ten pins at the Virginia Springs hist summer. The defendants plead guilty and promised to ab stain from such amusements hereafter, and the committee dropped the accusation. So says the Elizabeth City Sentinel. " I’ustty Much Quit Ocbni.no.”— Tho Indianap olis Journal tells of a stranger who visited the "• Hank of the Capitol,” in that city, the other day, before the doors of which he waited some time for the institution to open. At last lie became impa tient and walked off, remarking that he “believed the bank had pretty much ipiit opening.” iW Ivobkrt Taylor was receutly convicted, in Darien, of manslaughter, and sentenced to four years service in the penitentiary. C3T The Savannah Republican says : “ Nothing that has occurred in the history of South Carolina for twenty years past, has given us such unalloyed pleasure as the announcement that she had made choice of her distinguished son, Gen. James Ham mond, as the representative of her sovereignty in the Senate of the United States.” Filluiusters Going Home.— The Nueces (Texas) Valley, of the 17th Nov., says: “We understand that those of Walker’s boys who made a rendez vous at Powderhorn have concluded, in conse quence of the tightuess,pf the times and the watch fulness of Uncle Sam's war dogs, to abandon the expedition and go home.” Returning the Compliment.—-' “ Censor,” the English sporting correspondent of Portsr’s Spirit, writes Eotnc that Mr. Ten Broeck lias offered two thousand three hundred pounds sterling (eleven thousand five hundred dollars,) for Skirmisher, the superb three-year-old, whose exploits during the past season have frequently been chronicled. If the purchase is accomplished, says Portrr, we shall be enabled to have a little domestic contest upon our soil, of England ts. America, without English turfmen being obliged to take any of the risks of the race. If Skirmisher comes, Nicholas, and our aspiring “ cracks,” must look out for their laurels. Withdrawal op Steamers.— The Liverpool aud Philadelphia and New York Steamship Company, and the Glasgow and New York Company, will, in view of the hard times, withdraw one-half of the number of vessels under their control. “Holding for a Limit.’’ We heard, yesterday, of a case of a gentleman who had "confidence in cotton” m September, and who sent a few bales to market at a limit of “ six | teen cents.” His factor was offered fifteen and a ( half, but he could not sell under the “ limit.” Sev eral letters were interchanged between the planter and factor, aud in occasional letters, after express ing fall "confidence in cotton,” the plunter reduced his limit half a cent. In answer to the factor’s first letter, the planter said: “I have concluded to reduce my limit on the ten bales of cotton in your hands to fifteen and a half cents. If yon cannot get that price, consider the cotton stored with you until spring, as I have great confidence in cotton, and am satisfied prices will be better.” Some short time after writing the above, the planter concluded to sell out, even if he did not obtain over fifteen cents, and a-rote to his factor accordingly. The return mail carried a reply that the demand for cotton was dull, and buyers found great diffi culty in making negotiations to pay for cotton. The planter replied: “I have great confidence in cotton, but for fear the hanks will suspend, you may Bell my cotton for thirteen cents. Sell for that price, collect the money in gold and forward to me by Adams’ Express ” But for all that the cotton could not be sold. The planter bad been offi-rred fifteen and a half when the limit was sixteen ; offered fifteen when the limit was fifteen and a half; offered fourteen and a half when the limit vtas fifteeu ; offered fourteen when the limit was fourteen und a half; offered thirteen and a half when the limit was fourteen; offered thirteen when the limit was thirteen and a half; and offeed only fen when the limit was thirteen cents. A dozen letters were wrilten by the factor, and about three dozen by the planter, who always ex pressed “great confidence in cotton.” A few- days ago the planter requested the opinion of lus factor upon the probabilities of the future, iu regard to the price of cotton. The factor briefiy replied: “ The future we know nothing about, but will take great pleasure in carrying out any orders you may give in regard to the ten bales you have lit store with us. Your letter, reducing your hmitto twelve cents, came too late for us to avail ourselves of the order. Wc Itave been offered eleven andaquarter for four, and eleven and three-eighths for six bales to-day, and the market has rather a drooping ap pearance.” We come to the last letter of the planter: “Mi/ Dear Sir: I thank you much for the pa tience you have exhibited in attending to my or ders, and for your numerous letters and reports of different markets in this country as well as of the condition efthc Liverpool market received iu your city by (lie telegraphs. I had no idea that the troubles of commerce and trade were so extensive, aud I am now satisfied that the suspensions of the Georgia banks were forced upon them by circum stances that they were unable to counteract. Cot ton must yield to the general necessities of the times; and I uow revoke all orders as tolimits, and request you, immediately on the receipt of this let ter, to sell my cotton at the current market price, and for current funds in your city.” The factor put the ten bales on the market a day or so ago, and got eleven and a half cent* a pound, or about twenty dollars per bale leas than he had been offered, in consequence of the planter’s “ con fidence in cotton,” and his “ limit” on the price. We were initiated into a knowledge of the circumstances of this transaction, under pledges of not giving the least clue to the identity of the factor or plauter, and we thiuk we have not tran scended our agreement. This, however, is not an isolated case. Some thing of the kind occurs every week in almost every department of commission business. Fac tor* are told to hold for higher prices, when they know that prices must recede ; and are told to sell ins tan ter, when they know that prices will advance. Every person iu the commission business makes himself thoroughly acquainted with all matters pertaining to his department of trade, and kno&s more about the supply and demand, in the sphere of his operations than planters or consignors can possibly know. Hence, any orders as to limits or immediate sales should be left, in nearly all cases, tnthe more enlightened judgment and experience of factors or commission merchants. Kansu* Affairs. Tho thirty-fifth Congress will commence its first session ou next Monday, under circumstances calculated to uwakcti strong apprehensions for the future peace and good order of the country. The ptobleui of the slavery qnestiou in Kansas re mains yet to be determined; and the present indica tions are that we will witness, in its final solution, an excitement fully equal to, if not surpassing that which swept over the Union at the time of the passage of the bill organizing the Territory. If the reports of the Washington correspondents are to be eutitled to credit, the Senate will never bo called upon to act on the uppointment of Gover nor Walker. The radical difference of opinion which is said to exist between the President and that otlicer, relative to the action of the Constitu tional Convention of Kansas, will, uuless some new aud unexpected change occurs in the present political affairs of the Territory, reuder unavoida ble the resignation or the removal of the former. Governor Walkkr arrived in Washington ou Wednesday, the ‘2sth ult., and is reported to have had an interview with the Prosideut on the suc ceeding day. The correspondent of the New York Timt* gives the following account of the meeting: Governor Walker had a long and very friendly interview with the President to-day. They discuss ed Kansas affairs at length, especially relative to the propriety of sustaining the action of the Con stitutional Convention in not reforing the entire instrument to the people. The distinguished gen tlemen, though differing radically, parted friends, appointing another interview for the discussion of the same subject. Some of their mutual friends hope for the ultimate reconciliation of their views, but the hope is fallacious. Their differences are too radical for compromise. The Governor’s opinion of the Constitution is not founded ou the slavery clause, which is alone par tially submitted, but ou the refusal of the Conven tion to permit the people to vote against, as well as for tlio Constitution. He regards this as a viola tion of the Federal Constitution, of the Nebraska- Kausas bill ? of popular sovereignty, and of the right of self-government. The President insists that, as the Constitutional Convention was author ised by Congress,* he is bound to sustain its ac tion, whatever it may be, while Governor Walker holds that the application of his doctrine to sustain the refusal to submit the entire Constitution to the popular vote amounts to a simple assertion of the right of Cougress to force any Constitution on the Territory, iustead of leaving the people to decide for themselves: for it is notorious that the people of Kansas would reject this instrument if they had i the opportunity. Again, he says iu a subsequent portion? pf bis i letter: “At the Cabinet meeting to-day, the President stated Governor Walker’s position on Kansas af fairs. The Cabinet unuuimously united with the President in favor of sustaining the action of the constitutional convention, in respect to the refer ence of the Constitution to the people, and so con demn Walker. The Administration cousider the ingeuious plan by which the convention seeks to render the rejection of the Constitution impossible, profoundly sagacious and praiseworthy/’ Washington letter writers are generally too much in the habit of pandering to a fondness for the ex citable, and no doubt resort frequently to their in ventive faculties for the creation of the commodity with which to satisfy this desire. But in the pre sent instance the position of the Administration, as stated by the correspondent of the limes, is in conformity with the course of the Washington t’nion; and the Union, while cootending that the jielicy of Governor Waleer has been substantially carried out, admits that the coarse which the con > cation saw fit to adopt, was not a literal compli ance witfcit. On the other hand, leading journals of the Democratic party at the North, and to their position we hare referred in a previous issue of this paper, are maintaining that the action of the convention was equally violative of the policy of Governor Walker and of the principles »f the Kansas bill. The course of the administration, on this ques tion, however, will be sustained by a large portion of the northern Democracy. The Pennsylvanian, the old organ of the Democratic party of PennayL rania, after commending an article on this sub ject in the Washington Union, thus takes its posi tion: “There seems to be a settled conviction that the action of the Constitutional Convention of Kansas has the full endorsement of the National Adminis tration. If so, it affords another evidence of a de termination on the part of the President to carry out in good faith, and to the very letter, the great principles of the Kansas-Nebras'ka bill, which re ceived such an emphatic endorsement in his elec tion. Tlie whole matter is now in the hands of the people of Kansas, where every true Democrat will agree to leave it. The polls are open to all, and provisions made to secure a fair and impartial election. If for slavery, he can deposite his ballot in favor of the institution; if opposed to slavery, an opportunity is extended for him to testify in a legal, constitutional manner his opposition to its continuance in the State. Is this not Democratic, fair, and just? Does not the Kansas-Nebraska bill provide for just such an exercise of power by the people of the Territories, and in precisely the aaae manner ? ” It undoubtedly does, and yet we hear those who were loudest in praise of the Kansas-Nebraska hill now echoing the arguments and invectives of the New York Tribune against the Democratic party of Kansas, and urging the Democracy of old Pennsyl vnnia—the home of James Kuchanan, who was elected by a united party—united upon the very principle which underlies the action of the Kansas Constitutional Convention—to join forces w ith the Black Republican party in the North, repudiate the principle of non-intervention, trample upon all those pledges which they hare given to the nation, and join in an unholy war upon their political brethren in Kansas, who are engaged in a death struggle for the triumph of Democratic principles in that. Territory, which is soon to become a .State. Greeley does not like the doings of the Democratic party in Kansas, and because of that fact Demo crats in the old Key-Htoue are to cry dowu the ac tion of their own party. If this is to be the course pursued, the national Administration will soon fall under the ban of these new-fashioned Democrats, for it is not proba ble the sound Democratic ideus of our distinguished I’resident w.ll please the editor of the Trwune or his new found disciples more than does the action of the Constitutional Convention of Kansas. Hut the Democracy of IVnnsylvania have not sunk so low as to desert either their principles or those who arc contending for them in other sections of the Union, at the bidding of the New York Tri bune, or its so-called Democratic co-laborers in the Black Republican cause. Pennsylvania is true to Ibe principles of the Kansas-Nebraska bill, and her firm and gallant Democracy will never desert those who are contending for them, whether in Kansas or elsewhere, to fraternize with traitors alike to the Constitution and the Union. The duty of the southern Democracy is clear. They have always recognized the validity of those Territorial laws under which this Convention as sembled and adopted this Constitution. With but few exceptions, regarding the reference of the Constitution to the people for their ratification or rejection, as a matter entirely within the control of the Convention, they must accord to that Con vention equal authority as to the mode and extent of its submission. It will be tbeir duty to inquire whether the action of this Convention was unin fluenced by either Foderal or Executive influence; whether the Constitution which they have adopted lias resulted from a free, fair and legal expression of the wishes of the people of Kansas : aud if so, then to give an earnest support to the administra tion in its efforts to secure under it, its admission as u State. But upon this point we are yet without sufficient information for a proper decision. Notwithstanding, however, the differences of opinion which prevail at present iq the party, and the excitement which this warm discussion in ihe papers forebodes, we have an abiding confidence that in that event the administration will rally around it a sufficient support to secure a fair aud peaceful adjustment of Ihe question. Railway Accidents and a Univoiim Speed. —At a meeting of the National Association for promo ting social science, held in London, Lord Bkouo han read a lengthy paper on the prevention of railway accidents, 111 which he took the ground that the speed should be fixed by law, and should be moderate, not exceeding twenty or twenty-five miles per hour. He asserted that a very small number of travellers were willing to risk life amt gt eater danger in order to save time by a high speed in traveling, while the great majority would prefer a moderate speed and greater safety. He alluded to the immunity from accidents on the radroads in continental Europe where the speed is regulated by law, and suggested the application of the same laws to British railroads. Captain Generalship of Cora. —The Madrid F.poca, ‘.rid ult., speaking as if by authority, says the rumor that Gen. Concha was to be superceded by Geu. Aiimeko, brother of the new Prime Minis •sr, as Captain General of Cuba, is entirely with out foundation in truth. The rumor grew out of the “probable" appointmeut of Gen. A. to the Cap tain Generalship of Valladolid. A conductor named Blood, a natire of South Carolina, was killed on the Memphis and Charles ton railroad, Tuesday of last week. Inauguration. —The inauguration of the Wash ington statue, on the capitol of Virginia, at Rich mond, is to take place on the 22d of February. Senator Hunter delivers the inaugural address. Hon. VY\ C. Rivrs his alternate. Messrs. J. Barron Hope aud J. R. Thompson are to deliver poetical cdes. On Tuesday the box containing the statue, weigh ing nineteen tons was removed from the ship on which it arrived, and by aid of horsepower and a wagon, carried a couple of squares towards the Cap itol. In the meantime about a thousand citizens had assembled, and became so enthusiastic that they unhitched the horses, took bodily possession of the immense case, and amidst joyous shoutings carried it by main force up Mam to Oth, along 9th to Broad, along Broad to 10th, uud thence through an opening in the iiou railing into its proper place in front of the monument The Enquirer says: It was a grand and delightful spectacle as-the mountain box, drawn by hundreds of the citizens, with agent McCloy and Capt. Sara Freeman and Corporal Krischman, of the Blues, with their da" on the wagon in front, overcame all obstacles auawas safely landed amidst enthusiastic cheer ings. Only a few moments sufficed for the crowd to tear up the iron railing aud curb-stones and contiguous trees to make passage into the square. The mayor of the city was raised to the top of the box, and after a neat speech urged the people to call the Governor out. Gov. Wise could not resist the heartv entreaties •f the besieging crowd who guarded all the exits of the capitol, and, escorted" by the mayor, was welcomed by the crowd, who* by the aid of a rope and their own shoulders, elevated him on the box. Just then salutes were tired by detach ments of the Blues aud Young Guard, and patri otic airs performed by the Ar > ory Band. The Governor stood beneath the “stars* and stripes,” held up by a number of citizens, and addressed the immense audience with eloquence and power ful effect. After a few pertmeut remarks from Captain Dimmock, Captain of the public guard, ana Mr. Mavo, the crowd dispersed, leaving the box safely in its place. We have never seen a more picturesque aud animating spectacle—the more so, as k it was entirely unexpected by every body. St. Louis, Nov. 28.—The ice is disaopearing rapidly. Navigation South will doubtlessly soon e resumed. Hines 9 Forms. We observe that a memorial has been presented to the legislature, by R. K. HixE3,Esq., of Albany, asking that a committee may be appointed from each branch of the General Assembly, to examine a second edition of a work which he has prepared entitled “Legal Forms for common use in this State,” and to report upon its merits with a view to a subscription by the State to aid him in its publication. The first edition of this work was compiled by John B. Hines, Esq., of Macon, and published in that place under the supervision of the editor of this paper, in 1853. It embraced a great variety of Legal Forms, which the ordinary business of many of our people required them, constantly, tr use, and so arranged that Magistrates, county offi cers,and others,not skilled in the law, might readily understand and employ them. This first edition has been sold, tested and approved by the bar and by the people; and Mr. R. K. lli.ves, a brother of the compiler, who is admirably qualified for the task, to extend its use-ulness and to answer an in creasing demand for the work, has prepared a second edition. This second edition, in the publi cation of which he solicits the aid of the State, in the shape of a subscription for fifteen hundred copies, will be a work of four hundred pages, and will embrace many new forms, as well as many changes in old ones, which have been rendered necessary by recent legislation. It will be a con* venient aud useful compilation for members of the bar; whilst from the plainness of its forms and their arrangement, it will be inraiuablc to those who are not familiar with the law. Familiar as we are with the first edition of the work, and knowing that the second will be an im provement upon it, we trust that the legislature will authorize the Executive to subscribe for a number of copies sufficient to insure its publica tion. It will supply a common want of the j people. Increase of the Salaries of Public Officers. A bill, we are gratified to observe, has been intro duced in the Hoijs*- of Representatives, by Mr. Kenan, of Baldwin, to increase the salary of the Governor, Judge* of the Supreme Court, and Judges of the Superior Courts of this State. We shall watch its fate with a great deal of interest, trusting that if will be different from that of the many similar bills heretofore introduced in the legislature. Bills for this object have failed to pass heretofore, because, as we are disposed to think, they were wt urged with sufficient zeal; few of those who Here in favor of them, and whose in fluence, if actively exerted, might have secured their passage, being willing to press them or con spicuously n> champion them. They seem to have the impression that any increase of the salaries of our public officers is an unpopular measure, and with the strongest convicticns of the propriety and the necessiy of such au increase, in certain cases, they regari the opinion of their constituencies, and are cottent simply to vote for u bill with this object, without using any exertion to pass it. This impression, general as it is, is erroneous and does very gnat injustice to the intelligence of the peo ple oft Sis State, who, we believe, if their opinion upon tie subject could be obtained, would cor dially approve of the provisions of the bill intro duced by Mr. Kenan. TIJ* bill proposes to increase the sa’aries of the Gove nor of the S:ate, Justices of the Supreme Couft and Judges of the Superior Courts, so that those who may be elected hereafter to till these of fice!, may be paid for the services which they ren der anil may be enabled to maintain the dignity of the honorable position which they hold. Tko compensation which the incumbent j of these ofices receive is notoriously insufficient. The Gov ernor of the State is not a mere ministerial agent, elected to perform a certaiu amount of routine du k\fcut be is besides this, the representative of the a>vereignty and dignity of the State, and vet this officer receives a salary which, whilst it may be a ptoper compensation for the services required of him, is altogether insufficient to cover the expenses irfcTdent to his position. The consequence is that he is compelled, if he desires to maintain the dignity of his office, and the style of living which the people expect aud demand, to draw upon hisprivate income and to maintain this dignity and style of living—at his own expense. Such is the position in which our Magistrate is placed. lie must avoid the expenditures which custom, public opiuion and his own sense of propriety require of him, or he must nsebis own means freely. The position of the law officers of our government—the Judges of our Supreme aud Superior Courts—are even worse. Their offices are more exacting —more laborious —more responsible—more important to all public and private interests than any in the State, ami require, for the proper discharge of their duties, higher qualifications in talent, learning and charac ter, and a larger amount of energy and endurance, and yet they are compelled to perform these duties for a compensation smaller than that which a shop salesman many kind of merchantilcbusiness would demand and readily obtain for his services. These offices are objects of an honorable ambi tion with many of our citizens, and will always be sought after eagerly, whatever may be the sacri fices required of those who hold them. This is true, but the State ought not to avail itself of the fact, and speculate u£on the laudable ambition of its citizens to serve her in places of distinction. She is able to pay for their services—to pay for them liberally—aud whenever the legislature adopts this idea, and acts upon it, it will be sustained by the people. Every office in the State, executive or judicial, should bare attached to it a salary suffi cient to maintain the dignity of the office, to com pensate the incumbent for the labor and the respon. nihility which it involves, to command the best talent in the State for the discharge of its duties, and to authorize any citizen, whether he maybe rich or poor, to aspire to it and to hold it, without a serious sacrifice of his private interests. The in troduction by Mr. Kenan, of Baldwin, of the bill which we hare noticed, is oue step taken in this direction, and we earnestly hope that that bill will be passed by the legislature. 2r£TThe official vote in New York for Mayor stands: Ticmann 43,382 Wood A. 40,852 Majority against Wood 2,430 The popular majority against Wood in 1854, was nineteen thousand five hundred and seven ; in 1556, it was eight thousand three hundred and ninety-nine; aud in 1857, reduced to two thousand four hundred and thirty. In other years two and three candidates were in opposition, but at the re cent election all shades of opposition were fused together, and hence Mayor Wood’s defeat. 53?“ At Madrid, in Spain, at the last accounts, it was not considered likely that the financial crisis could affect Spain. The situation of the bank con tinued highly satisfactory. The advices from Bohemia arc deplorable. Ex change was in favor of gold against bank notes, although secured by the State at the rate of eleven to twelve per centum, and in favor of silver at the rate of eight to nine per cent. A Vienna letter of the 14th ult., says: “The fi nancial accounts from the manufacturing districts were exceedingly afflicting. The number of fail ures was enormous. No greater panic was ever known at Vienna.’' A submarine telegraph cable had been laid be tween Cagliari and Malta—a distance of abo»t three hundred miles—with perfect success. This line will accelentc the receipt of the Indian news by a day or two. < REPOSTED POB THE CONSTITUTIONALIST.J Jlilledgeville Correspondence. Milledgeville, Dec. 3, 1957. Senate.— Mr. Mounger, of Dooly, moved a re consideration of so much of yesterday's journal as relates to the indefinite postponement of the bill amending the Constitution, as far as the Judiciary is concerned—vesting it in Supreme, Superior, Cou*ty. and Justices’ Courts. Mr. Mounger spoke of the importance of some of the features of the bill, and the necessity of carrying them out. It was necessary to fix upon a permanent place for the holding of the Supreme Court, where access could be had to a good libra ry. It gives the Judges of the Supreme Court nme to write out their opinions, maturely and de liberately. He believed his people desired the passage of the bill. The objectionable features he 1 wished struck out. Mr. Harris, of Meriwether, objected to several of the provisions of the bill, but several were im portant, and he wished them adopted. Mr. Briscoe, of Balwin, said that the bill gave the power to the legislature, now or hereafter, to settle the place for the meeting of the Supreme Court, and ne wished it reconsidered for that pur pose. When it came up for final consideration, he would then discuss the practicability of the differ ent places, at which it would be proposed to locate it, and could give good reason for its location at a particular place he had in his mind. AH the rest of the features could then be struck out. There was no constitutional difficulty upon the point of striking out. Messrs. Dawson of Green, Stubbs of Bibb, and Bloodwortb of Pike, spoke very briefly in favor of the advantages that must result from a permanent fixture of the Supreme Court at one place. The ■otion to reconsider was carried. The committee reported upon the memorial of Howell Cobb, of Houston county, and offered a resolution for the Governor to appoint a commis sion of three lawyers to examine the manuscript of the contemplated law book of Mr. Cobb, and upon a favorable report, to authorize the purchase of three thousand copies of said book, at not more than four dollars per volume. By Mr. Bartlett, of Jasper—A bill to amend an act to authorize Judges of the Superior Courts of this State to appoint Receivers during vacation, aud to require the complainants asking for writs and all applications asking for the appointment of a Receiver, or for injunction to give bond and se curity to the respondent for any loss or damage which he or they mav sustain by the suing out of said writs, and for other purposes, approved March 4th, 1856, so as to allow the issuing any of the aforesaid writs, upon the applicant making oath that from his property he is unable to give such bond and security. By the same—A bill to amend an act to point out the mode of ascertaining the relief and sup port to which widows and orphans arc entitled out of the estate of their deceased husbands uud pa rents, in cases where letters testamentary or ad ministrative, slidll hereafter be granted, aud for other purposes, approved February P.tth, 1858, so as to allow an appeal from the return of the ap praisers, and the judgment of the Ordinary there on. as in other cases. By Mr. Smith, of Hancock—A bill to encourage persons making a will to provide a permanent fund lor ihe collegiate preparation and education of in digent boys or young men. By Mr. Stubbs, of Bibb —A bill to amend the laws of this State as to signing and certifying bills of exception in certain cases therein named. By the same—A bill to give plasterers lien for work, materials, Ac. By Mr. Tucker, of Stewart--A bill regulating the fees of witnesses in criminal cases. MATTER UNDER FINAL CONSIDERATION. A house bill to authorise the issuing of commis sions and to legalize commissions that may have beeu issued to certain Judges of the Superior Courts, aud to amend an act to provide for the election of all the Judges of.tlie Superior Courts, by the free white people of Georgia, approved 1852 --passed. A bill to alter and amend so much of the Judi ciary act of 17‘J f J as requires the Representatives of deceased Plaintiffs to be made parties by scire fa etas—passed. The three following bills were made thespecial or der for next Thursday: A bill to aid the construction of the Georgia Air Line railroad. .\ bill to amend the charter of the Macon A Brunswick Company, and to define more particularly the power aiid privileges of said company. A bill to lend the aid of the State to the Macon A Brunswick Railroad Company, Ac. The constitutional bill reconsidered this morn ing, was taken up, and Mr. Stubbs made a motion to strike out a large portion of the bill. Consider able discussion ensued, and finally, upon motion of Mr. Tucker, the bill was postponed indefinitely. The President stated that the pupils of the lii stitutivu tor the Blind would be examined this af ternoon in the Representative Hall. In const quence the Senate adjourned uutil nine and a half o’clock to-morrow morning. House. —Upon Mr. Harrison, of Chat ham, the rules were suspended and a bill taken up, ' relative to the purchase of the Marietta Military Institute—passed. Upon motion of Mr. Kenan, the House took up 1 the report of the special committee appointed to examine into the rights of the present legisla ture. Mr. Underwood offered a substitute. The whole matter was finally referred to the committe on the 1 Judiciary. Yeas seventy-seven, nays sixty-one. 1 unfinished business of yesterday, the omnibus bill was then taken up. The motion to strike out all the roads except the Georgia Aia Line railroad, was pending yesterday, at the adjournment. Mr. Smith, of Towns, entered into an elaborate exposition of the benefits accruing from internal improvements, and coroborated and verified his positions by a direct reference to experience. These had made New York and Pennsylvania what they now are, and they were necessary fur the develop ment of our southern cities. Our southern belt had been formed by nature for the production of cotton; our mountains for raising all kinds of gram; and our unsurpassed water power for the establishment of manufactories. Unite all these bv a system of railroads, and you make Georgia the glory of the Union. Many other advantages would result from the construction of these roads. They would operate for the benefit of the State, as a military protection from au abolition or foreign foe. * The State was bound from imperative duty to grant the aid to these roads as an act of justice and equal rights to every section. The State road had consumed about six million dollars, aud was about one hundred and thirty-eight miles long. The sum total of their demand was security to the amount of three million dollars, to build a road four hun dred and twenty miles long, and benefiting all sections, and for which the State had ample secu rity. Mr. Ilillyer was in favor of the motion to strike out, aud as the friends of the bill conteud that the principle askiug aid for all the roads is the same, they cau all be considered together; therefore, up on this motion the merits of the whole question come up tor determination and discussion He desired to consider the question under two propo sitions : Ist. Is the bill right ? Has the legislature the power to embark in enterprises of this kind ? 2d. Is the measure expedient? His ideas of government were very simple, and he might lay himself liable to the charge of old fogyism, aud it might justly be said that he was far behind the ideas fostere J at the present day, in the wild brain of young America. It was, how ever, a remark as old as it was true, tkat.the prin cipal objects of government are to protect rights and prevent wrongs, and the government could go beyond these powers only in cases of extreme ne cessity. This bill proposed to build up certain sec tions of the State at the expense of the whole peo ple. He thought the legislature had no power to do that. The government of the State of Georgia was not a mere copartnership among its citizeus, in which the property of the partners is to be in vested for the benefit of the copartnership. All the arguments of gentlemen went to the point that the measure would benefit the State, but that argu ment was not sufficient. A great many other en terprises would benefit the people ot the State—as the publication and distribution of the Bible, the buildiug of churches and furnishing them with preachers, would benefit the people of the State— but was that auy reason why gentlemen should ask the legislature to appropriate money from the treasury or draw upon the credit of the State, (and he saw but little difference between the two,) in advancement of those measures? It would be, he fcought, a very dangenous precedent to establish the doctrine that the common treasure could at any time be drawn upon for any purpose which should happen to appear beneficial to the State, in the judgment of those who for the time being might have control of public measures. He thought, therefore, that the measures was wrong . upon principle. 2d. Is the measure expedent ? The advocates of the bill had assured the House that the different 1 companies would give the State adequate and » perfect security. If they coirid give the State this security they could certainly give the same securi ty to pi-irate persons. I { they could do so, let them do it and save the State from any dangerous connection with schemes like those found in the bill. Gentlemen, however, might say that without the aid ot the State the proposed roads could not be built, if so, that conclusively proved to his mind that they could not give securitv. All roads which could be safdy built by State aid, could also be built by private enterprise, which would give to the people all the benefits of a successful issue of these enterprises without any of the evils of gov ernmental action. It had been sneeringlv said, that all this opposition to this bill, came from this line of the two prominent railroads in this State. His county was upon the line of the Georgia j-oad, and if it was due to that circumstance alone, he was glad that he lived where the prejudices of sec tion did not require him to make war upon the Constitution. The gentleman from Towns had appealed to the members of the House, representing the counties along the line of the State road, not to refuse other sections of the State the same liberality which had been extended to them. He appealed also to the same members, not to vote to compel him and his people to pay their debts of gratitude. He was decidedly in favor of Lie motion to strike out, because, while all the roads were in one bill, although members of the ° us< ? m*'ght, in the language of the gentleman from Fniton, “ consider each one seperately,” vet they could not vote for or against each one while they were all in the same bill. Mr. Smith, of Coweta, alluded to Calhoun’s en dorsement of the proposition to clean out the Mis sissippi as a great national project, and argued, as Georgia had appropriated money for the devel opment of some sections, she ought to lend her credit tor the benefit of others. Mr. Hardeman, of Bibb, proposed to take up the bill by sections, by which they could vote for the merits of each bill. Mr. Davis, of Marion, looked upon it as the es tablishment of a bad precedent. Railroads, like meu, were seized with the injurious desire to be come rich with marvellous rapidity, and would even consider and encourage wild schemes of in ternal improvement. He looked upon this as an evidence of that spirit. Mr. Pickett, of Gilmer, deemed it a measure tending to forward the interests of the whole State, and enhance her prosperity ; and he ener getically and indignantly disclaimed the idea, and repelled the insinuation that the measure is a fraud upon the people. Mr. Lewis, of Hancock, spoke until the hour of adjournment, when the House adjourned, he being on tlie floor. He did not speak very long. He gave notice of an admendment to make the individual property of the stockholder responsible to the State; and to add the Macon and Warrenton railroad to the bill. His remarks were in advocacy of the bill. When he concludes, his whole speech shall be reported. The Hall hav ing been granted for the use of the pupils of the institution of the blind, after vhich the House ad journed until nine and a half o’clock to-morrow morning. A. P. S. The blind pupils of the Academy for the blind, gave a concert, the particulars of which I may report in a subsequent letter. Owing t<» in disposition, have been unable to sypnopsize the debate on the bank question, when Mr. Ward spoke. Mii.ledukyillk, Doc. 4. In the Senate, the introduction, consideration and passage of private bills consumed almost the entire business hours of the dav. In the house, Mr. Speaker Underwood read a certificate of the election of Mr. Cook as the Rep resentative from Early county in the place of Mr. Daria deceased. Mr. Cook was sworu in, and took his seat. By Mr. Roberts, of Cherokee—A bill to alter and amend the Hat*49corpus laws, in certuin cases. By Mr. Underwood, of Floyd —A bill to prevent usury in this State, and to declare usurious con tracts void—the penalty, a loss of principal and interest—the Judge of the Superior Court to give in charge ; and the Judge and Jury to be vigilant in preventing an avoidance of the law. By the same—A bill to define the liabilities of bank agencies. By the same—A bill to aid in the construction of the North Alabama and Georgia railroad. By Mr. Moore, of Glynn—A bill to incorporate the Brunswick Canal Company. By Mr. Daniel, of Gwinnett—A bill to allow par ties, plaintiffs in Justices’ Courts, to prove their own accounts by their oath, when they do not ex ceed fifty dollars. By the same—A bill to amend the attachment laws of the State in certain cases. By Mr. Hardy, of Jackson—A bill to compel per sons applying for warrants to pay costs in cer lain cases. Bv Mr. Mott, of Muscogee—A bill to prevent banks in other {states from carryiug on business in this State. By Mr. Luffman, of Murray—A resolution to re quest from the Governor any information relative to the payments of John H. Howard ami Mr. Echols, for expenses incurred in the case of the contested line between Alabama and Georgia. By Mr. Haiper, of Sumter—A bill to incorpo rate iii Amerieus, the South-western Bank of Geor- gia. By Mr. Milledge, of Richmond—A bill to au thorize the Governor to pay the expenses of the delegates to the Nashville Convention of 1850. By Mr. Bigham, of Troup—A bill to repeal aa act to provide for the more speedy trials in Equity cases. By Mr. Hillyer, of Walton—A bill to provide for the continuance of cases in the Supreme Court in which any two of the Judges are interested. By the same—A bill to amend the Ist section of the 3d article of the Constitution. Mr. Smith, of Towns—Chairman of Committee on Finance, made a report upon a bill requiring examination of the Comptroller General’s office. Bv Mr. Fain, of Union—A resolution instructing our Congressmen to nrge the passage of an act al lowing one hundred and sixty acres to volunteer companies in the war of 1812. Mr. Lewis resumed his speech on the “ omnibus bill,” and spoke very ably and eloquently for the bill. In the afternoon, Mr. Kenan, of Baldwin, made a powerful effort against the principles of State aid —defending the present railroad monopolies, and Savannah and Augusta from the charges made against them,and contending that the citizens should build their roads themselves as fast as their means would allow. Mr. Underwood, of Floyd, replied to Mr. Kenan, in support of the bill, showing the great benefit to a portion of the State, and to the railroads now in operation, from the State road—their duty to help other sections—the momentous necessity of these railroads for the development of other sec tion of Georgia, the necessity of an equality of rights and privileges among the people generally. Mr. Underwood on the floor, the House adjourn ed until nine and a half o’clock to-morrow morn ing- A. The Paris Pays explains the difference that had occurred at Shanghae, between the Con suls France and the United States, and that the affair was of trivial importance, and did not result inanv interruption of the friendly relations between the two Consuls. The steamship Persia, from New York for Liverpool on the 11th of November, was going in to Liverpool as the America left on the *2lst uit. 23P" Sight drafts on New York are selling in Charleston at from two to three per cent, premium. Mr. L. P. Edmondson recently committed suicide by hanging himself, at his residence near Tuskegee, Alabama. Damage to the Sugar Cane. —The Baton Rouge (La.) Advocate says that the planters of West Baton Rouge give a gloomy account of their pros pects. They state that their cane crop has been injured twenty-five per cent, by the summer-like weather which had succeeded to cold nights and heavy frosts. They mentioned one plantation where a yield of one thousand to one thousand two hundred pounds only to the acre is anticipa ted, where double that yield was calculated on a few days before. A Modest Request.—ln the Tennessee Senate, Mr. Goodpasture presented a memorial from citi zens of Scott county, asking to be released ;from taxation, on account of the hard times, and that an appropriation of four or five thousand dollars be made for their benefit. The number of students in the University of Mississippi, at the present time, is upwards of one hundred and fifty. Edmond W. Holland, Esq., has been unani i mouslv elected President of the Bank of Fulton, ■ Tice A. W. Stone, Esq., resigned.