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Sri'wtehln Cbrontde& Sentinel. lr WILLIAM E. JONES. AUGUSTA, Ga. TUSEDAY MORNING, JANUARY 1, 183*, if You. IlZ N « 157 PUBLISHED, r)A jLY, TRI-WEEKLY, AND WEEKLY, At No. E, oud-street. terms: *ilypver, Ten DaUa.s per annum, in advance. | Weekly paper, at Six Dollars iu advance or j Seven at the end of the year. -etldypaper, Tlaee Dollars in advance, or Four at , he end of the year. _____ —«-S—SS CHKONICLW AND SBNTINEL. AUGUSTA. '"MONDAY MORNING, DECEMBER 3«* , At 12 o’clock to-morrow, a splendid new boat 15 feet long and twenty-five feet wide, being the Ingest that ever was built for the Savannah till be launched at the Western Wharf. It is |ic property of Mr. Jas. A. Fawns. I A man answering to the description of Solo- H , Step, one of the men who is charged with 1 murder of Martin Fraley, in Hardin county, |enn., has been apprehended, and now in jail in jahloncga, Lumpkin county, in this State. | The General Banki ig Bill, wo learn, has been ’proved by the Governor, and a resolution was I .pled by die Legislature to elect on Wednesday l.ming last two Bank commissioners. I - he resumption of specie payments by the Banks ■ ow Orleans, look place on die 2411 i, ami was I ted without the least excitement. The Bulletin I ,f the2ath states that from the Union Bank, ft .f the largest in the city, only twet.ty dollars [I rf. I kvOgUStll,*- ——'Sf _ "»• V ~~ IlarTisv. a.2, 1 s,„- I BVPn t of moment seems to have transpired at B sbtirg since the 2Ulh The Senate met on the W and alter making nominations for Bank Di-*| I rs, an I resolving to go into iheir election on I .bllowing day, adjourned witlio it doing any business. Both branches of the Legislature Sua Saturday, pro forma, and adjourned until iujHl • Htlearn from the Mobile Chronicle that the ship together with two hundred bales of was entirely consumed by fire, on Monday the 21th inst, while lying off Cedar Pointy iter cargo. The fire originated in the ca was so rapid in Us progress that the Hijrand crew had barely tune to escape, witli- any thing. The ship and cotton were Hived at Nevv-York. S[r anniversary of the battle of the 23d of Dc- Hitier, 1314, was celebrated at New-Orleans by a ■ml military display. The presence of the vete _Hgivlilier, Muj Gen Gaines, of the U. S. Army j Jjfl.eaddmonal interest 1 1 tb; celebration. |fljlt] individual was on the 26th inst. arrested in Hiiile on the charge of rubbing the mail between Htdiy and Montgomery. A presentation of city Hauls, at the counter of one of the Mobile Banks ■ lnhisdeteelion ; as upon inquiry it was uscer- Itted that the bonds bad been forwarded by eaaij Hm Mobile on the 19th inst. Wrom the Natchitoches Herald of the 6th inst, ■ilearn that Gen. Rusk, with about 100 Texians ftjerossed the Sabine m pursuit of some Caddoes, eto had been in the Republic, and alter disarming an ami threatening the Agent, fur furnishing Hem, as lie said, with the arms ami ammunition, lie •tossed the river. Immediately on the receipt of fte intelligence at Fort Jesup, Col. Many with all W troops under bis command, proceeded to wevepnrt, the scene of the violation, but the re ■tof the expedition was yet unknown. I'feicurn from Columbus, that a dozen or moreof B gang of counterfeiters, botse thieves, moendia- Bt,&e.,that were arrested in that city, have been Bd.fuund guilty, and are sentenced to the peni- Bhary, from seven to twenty years. Georgia Legislature. HVtlearn by the Milledgeville correspondent of ■ institutionalist that the resolutions of Mr. adopted by the House, were taken up Senate on Thursday last, and passed by a W < of 45 yeas to 29 nays, as follows ; Ito^iEis —Mssrs. Atkinson, Bailey, Baker, Beall, ’uftlwick, Bradford, Brown of Heard, Camden, fW "eland, Cockran, Cone, Dranc, Duncgan, iols, Foster, Gordon, Graham, Green, Guess ™ of Wayne, Hendrick, Holmes, Hutchings, P* ta, Jourdan. Lawson of Burke, Lawson of BwUon, Loveless, Mattox, Mauldin, McDonald, $ ;ley, Moye, O’Barr, Polk, Pryor, Rogers, K. erford, Scarborough, Slone, Smith of Cowe- K nrihger, Swain, Tilford, and Wilson. irs—Messrs. Alexander, Billups, Black, 'ham, Bryan, Calhoun, Curry, of Decatur, I yot Washington, Ellington, Floyd, Hansell, | *" rrallson, Harris of Taliaferro, Harris of War- Janes of Lee, Knight, Lamar, McFarland, w Lennon, Miller, Morgan, Sayre, Shaw, Smith Floyd, Spencer, Surrency, Tarver, William *°n, and Wright. The following bills have passed both Houses i j '•To transfer the Insurance Bank of Columbus I organize a new county out of the counties of and Floyd, to be named Chattooga ; to ft J!f )rporatc the Brunswick Insurance and Trust .Napany. ; he House has passed bills, to amend the char* f the Commercial Bank at Macon, to alter institution as respects elections by the legis r; to prevent frauds at general elections ; to | jkit penal in certain cases, for pilots of boats j drivers ; to incorporate a Medical Col ! 1 jH&avaiiuah: to define the liability of rai ■vH ’1 'V Wnpanies, for the payment of damage and Hpne to stock, &c.; to incorporate a com ■ the construction of a rail-road from Ea the Georgia Rail Road; to_’proniote the 1 [■ silk in this Slate. •Id has adopted a resolution, aulhori- i j..'*jHpvernor to appoint three persons to j n - ■ j vestigatethe claims of Peter Trczevant, K. M. D. J. Elliott, and others. 'The House has concurred to the amendments of | the senate, to the bill calling a convention. One | of the amendments provided that the senate shall j consist of 40 members, and that the Convention shall establish 46 senatorial districts, each of two I contiguous counties, and if new counties arc crea ted, to be added to a contiguous district. Tlic bill to create a sinking bank fund, for the safety and redemption of the notes issued by the banks of this State, was taken up and on motion was laid on the table for the remainder of the session. The Senate has passed a bill to incorporate the Muscogee Insurance Company. Also a bill au thorizing the commissioners of the Western and Atlantic. Rail Road, to have a reconnuisance and survey made for the extension of the road from its present termination. In the senate on Tuesday, the bill to relievo and exonerate the several banks of the state from the pains and forfeiture incurred by them by their late suspension of specie payments, was ordered to lie on the table for the remainder of the session, yeas 46, nays 25. Death of an Indian Chief. •*** While Path, a distinguished chief of the Chero. kce tribe, died near Hopkinsville, Ky., a few days since, aged 75 years. He was in company with the first detachmontpf emigrating Chcrokees, and had been for many yeatsa member of their coun cil. As a warrior few Indians have been more distinguished than White Path. He was interred near the Nashville road, and a painted monument erected to his meiuery; a tall pole was also placed at the head of his grave, with a flag of white linen attached to it—it being according to their customs / honor. Communicated. Mn. Editor— We are pleased to see the ac tion of the South Carolina Legislature, upon the controversy now pending between the State of Georgia and Maine. Since the adoption of the resolutions introduced by Mr. Rhett, we we.rc surprised to learn from high and undoubted au thority, that General McDuffie, whilst acting as Governor of South Carolina, pursued a course similar to that of the Governor of Maine. The facts we understand to be as follows: A citizen of South Carolina, was charged and accused by a Grand Jury of this State, of having feloniously stolen and carried away a negro slave, the pro perty of a citizen of Georgia, wherefore the Exe cutive of Georgia demanded of the Executive of South Carolina, the fugitive from justice, who then resided in Carolina, which demand was re fused by Governor McDuffie! If this matter can be explained, none would more rejoice than myself to see it satisfactorily accounted for. Can the editor of the South Carolinian give us any satisfaction upon the subject 1 JUSTICE. Fatcr from Europe. By the arrival of the ship Gladiator, from Lon don, at New-York, London dales to the lltli, Liverpool to the 9th, and Paris to the Bth of November, have been received, being three days later. The following items are from the New York Herald slip. Lord Durham’s Proclamation had been re ceived in London, and caused a very active con troversy in the newspapers, respecting the future policy of Lord Melbourne and the Cabinet. The opposition journals cut it up terribly—the Whigs support it only. The London papers publish our remarks on the document. From appearances, there will be no rupture in the Whig cabinet, unless Lord Durham is very savage. All the British North American Colonics will probably be united together, and bound to the imperial state by means of steam power. Particulars annexed. The Uritish government is taking a new step in the history of nations. The establishment of magnificent steam lines round the world, by the way of the Isthmus of Panama, and the Modi- 1 terranean, will increase her power and give her ' a new lease of empire. England, by the appli- 1 cation of steam, is destined to be the greatest em- 1 pire the world ever saw—an empire embracing ' every sea and every ocean. Some curious par- ' ticulars will he found on this head among our * extracts. ! The Cotton and money markets are in a good 1 position. Humphrey and Biddle, maintain their ! position ami the prices. It is calculated that the 1 deficiency in the corn crop of England, will be 1 equal to 2,500,000 quarters. Some of the Lon- 1 dim papers copy our remarks recommending the 1 negociation of a new commercial treaty with Eng- 1 land, on the principle of a mutual duty of 10, 15, '• or 20 per cent., respectively on our corn admitted 1 into England, and their manufactures into the United States. This proposition, first started by ! the Herald, will soon occupy the diplomatists of ! the two nations. The position of things at present in England, in relation to Lord Durham and the Canadas, is very serious. Lord Brougham has been travelling to refresh his mind and body, and to obtain strength for the encounter which is to come oil' between him and Durham. There will lie two squads of speculators to this passage of arms between these two celebrated men—the Whigs and the Tories. They will not probably attack each other directly, but through Durham and Brougham. The Tories will back the one combatant, and the Whigs will back Durham; and the probability is that the Tory party will be defeated. The “ Chronicle” the mouthpiece of the min istry, sustains him cleverly. The latter journal says : “ The time, however, calls for decision. The interests of two fine provinces and of the whole i empire, compromised by delay, call for the speedy adoption of efficacious measures. To conciliate i the French Canadians is impossible ; to benefit t them, as well as the inhabitants of British dc- ) scent, by measures suited to the crisis, is possi- 1 ble.” I From this we may readily infer that the British i ministry' on the arrival of Lord Durham, (and : t even before it) will do all they can consistently i to take the sting out of the wound they gave him, i and to conciliate him. This done, (and this " ill j . ; be dons if any means in their power, short of re-1 signing, can effect it,) they will probably take him into the cabinet, and then commence a series j of sweeping measures in relation to Canada. I They will doubtless declare all the recent execu tions and court-martials, and violent measures ! adopted in Canada, to be illegal, and then remove 1 all those at present in authority in the two pro- i vinccs. The “ London Times,” the organ of the Tory 1 party, hits opened its batteries on Lord Durham, ! and abuses him and all his measures most un- , mercifully. Os his proclamation, it says: ‘•lt is impossible to throw aside tills Durham | scandal in its present half worn state. The j Lard H ifh Sedif loner has choked the coimuuni- i ty with indignation. Use reconciles ns not to, his offence against till decency. The oftener wi : recur to the unprincipled manifesto “the more ! rank it smells.” We have never read or heard I of a slate of paper which argued so entire a want of practical wisdom, public honor, and in tegrity, in the quarter whence it proceeded.” The following from the “London Courier,” of Nov. 9tli, may be considered indicative of the feelings, desires and intentions of the proceedings at. the opening of the next session of parliament, fur which no definite day is yet fixed. “Lord Melborne may have reason to regret tin error committed by the Governor General of Canada; and Lord Durham may have cause to be dissatisfied with the course pursued in respect to him, individually, by the ministry, and to look with altered, even with angry feelings, upon some of his most attached and long respected political i connexions. But all this cannot, us wc conceive, 'affect the question in Lord Durham’s clearly see ing and ever honorable mind, whether the gov ernment of the country should be surrendered up to the Lords of Misrule, whether the offices and appointments about the Court should be filled by the creatures of a corrupt and selfish faction, and whether Ireland especially should he ruthlessly de prived of the only positive good that has been conferred upon her for centuries, and delivered over, bound hand and foot, to the dominion of bigotry. Still retaining them, as Lord Durham cannot fail to do, his conviction of the necessity of avoi ding that calamity which Lord Brougham is so unceasingly anxious to hasten and accomplish, will not his Lordship’s approval of the Ministerial retention of office suggest to his calm judgment an argument that should have induced him to stand firmly against the faction in the same way, and retain the High Commissionership of Canada, which, with a full sense of the natural difficulties of such a position, he had so recently accepted ! With regard to the state, affairs between Eng land and Russia, the organ of the British Gov ernment says:—“ There will he no war this winter. This is now our firm persuasion. And this time next year, we trust, we shall have the same consoling prospects before us, un less the nation should meanwhile, be visited with the calamity of a Tory Ministry. A man-of-war has been seat to Sir. C. Paget with despatches, ordering him to take all the dis posable force he can muster to the coast of Mexi co to protect British merchant vessels during the continuance of the blockade. The Queen, it is thought, will not visit Brigh ton this wintci. Pacific Stf.am Navigation.— A new com pany has been formed in London, with a capital of one million of dollars to establish a continuous line of steam packets between London and the western coast of South America, byway of the Isthmus of Panama. This association is to be called the “Pacific Steam Navigation Company.” No part of the world is better calculated for steam navigation than the shores of the Pacific. The distance from Valparaiso to Panama is about 3,- 500 miles, the coast embraces a population of up wards of four millions; land communication is everywhere difficult, and in many places imprac ticable ; and navigation by sailing vessels is tedi ous and uncertain at every season, notwithstand ing which the number of persons travelling along the coast amount to nearly annually 9,000. On the other band, a bold and clear coast, numerous and always accessible harbors, (lie prevailing south wind generally light, with frequent calms, producing un almost invariably smooth sea, arc all circumstances in the highest degree favorable to steam navigation. Voyages now occupying 20 or 25 days may be accomplished by steam in 40 or 50 hours. The “British Queen” may probably be ready for sea about the middle of the month. We should not be surprised to see her here about the Ist of next month. From the Hankers’ Circular. Advantages of Steam Communication be tween THIS COUNTRY AM) THE UNITED STATES. “We find that it has turned out as was to be ex pected, that the advance in the prices of cotton in Liverpool has led to large sales of twist in Man chester on somewhat better terms than could have been obtained two or three weeks since. The more favorable accounts of spreading activity in the trading concerns of the United States which were brought by the Great Western steamer, con firmed as they have lieen by other arrivals from that country, had tin’ effect of inducing buyers of y arn for fabrieks to be consumed in England to lay in considerable stocks; and there has been some speculative demand for foreign countries. These combined operations have certainly relieved the spinners very opportunely, when they were fall ing into a state of great depression, with very gloomy prospects for the winter. If the intelli gence had been received a month earlier, the amount of business which it would have stimula ted would have been much greater, because it would have excited the merchants or agents who supply the continent of Europe to purchase larger stocks for their correspondents. They had been restrained from doing this by an apprehension, which almost universally prevailed, that a materi al fall in die price of cotton would take place at Liverpool. The intelligence arrived too near the winter season, when all commercial intercourse with the northern ports will be closed to afford all the advantages to the manufacturers which an earlier arrival would have given them. “ \Ve have been led rather astray from our suli jeet by the introduction of the exciting and in teresting subject of the effects of intelligence quickly brought by the Great Western: but the bearings of this change in our communications on the manufacturing interest of the country are so important, as to force themselves upon our no tice whenever we allude to the state of trade in the densely peopled districts. The woollen and silk trades received a corresponding impulse from the same source, and some of the stocks, which were beginning to accumulate, were moved off in consequence. In the former it was not sufficient to cause any remarkable difference, because the production has been great, and the market is too large to be greatly effected by a minor cause;but the silk being a much more limited trade, is more immediately operated on. We understand that stocks of silk goods were increasing and were be ginning to weigh down prices; but the sale of a comparatively small amount—say to the extent of X 100,000 or Xl2o,ooo—to the American buyers, after the arrival of the Great Western, relieved i —l ’■•'■••■••■••--• - - - | tfUvmarkot. and had the effect of sustaining prices. 1 iiertt is no doubt that all the f>f metal goods in Sheffield and Birmingham, and I 'the Potteries, were relieved in a corresponding manner; mid wc anticipate that every arrival from the United States will contribute to keep up the stream ot trade, without leading, tor a long time to come, to a large and brisk business. “ Wc imagine that facts, some of which we have now alluded to, must have removed the im , pressiou from the minds of the Liverpool mer | chants that the great stocks of cotton held by the power ot the banks caused the gloom and stagna tion in business. \\ e said that the cause lav j much deeper, and proposed to submit our reason's , tor this opinion, and as those would, it we an 1 right i in onr views, tend to restrain manufacturers from I producing so largely without an adequate prosper j live demand, we shall advert to the subject on j occasion. The temporary briskness that j flus prevailed in Liverpool during the last ten or twelve days, shows that ue must look to soiiMil other source than the one alleged, to account for the want ot general animation si ill prevalent. “W e see no reason to alter the impression which we had received that the advance in the price of cotton, say from three to live eights per pound, is likely to be maintained, hut any specu lation for a further advance beyond this appears to us dangerous.” ITance. 1 he Paris Journals o( Nov. Blh, do mil contain a syllable of domestic news of any interest, with the exception ot a Royal Ordonance convoking the meeting of the (’handlers on the 17th of De cember. The question of Electoral Reform takes precedence ofall others in the columns of the Lib eral Journals. There is no doubt that the de mand of the National Guards to be included among the electoral body will, if persevered in with firmness, throw a great and dangerous stum bling block in the way of the Ministry. Had the Ministers the magnanimity to concede to the wishes of the Reformers in time, the solution of the question would be equally popular and safe ; but it is the fatality of weak Governments, by the re fusal ot just concessions, to provoke the enforcing ot the most outrageous demands. What would purchase the gratitude of u nation, if conceded one year often excites derision when withheld to the next. I’hc perfection of statesmanship consists in appearing to load the people, by always antici pating that expression of the popular will which reduces compliance on the part of a Ministry to the mcagrcncss of a necessary, or rather inevita ble act. Another question which will give Min isters some trouble is the reduction of the Five per Cents. A rumor prevailed on the Hoarse on Thursday, to the effect that the King had consen ted to the reduction of the interest and that a para graph in the forthcoming Royal Speech would recommend the measure to the Chambers, which had the effect of producing a decline in the prices ot that description ot Stock. Such a rumor, how ever, is more likely to be ill than well founded. 'l’hc following appears in the Constitutionncl, in the shape of a letter from Toulon : We understand, for certain, that (he project of the federation ot the Uutiaii States under the pro tectorate of Austria, of which the Legitimist pa pers first revealed tin’ existence, is going to tic ac complished. The journey which M. de Mcttcr nich made recently to Turin was solely in order to obtain the adhesion of Clias. Albert. The, most recent news from Naples announce that the Lombardo Venetian kingdom will have 7 votes ; Sardinia and Piedmont, together, 5 ; Naples and Sicily, 5; the Papal States.:); Tuscany, 3; Tar ma, I ; Lucca, 1 ; —in all 24 votes. The Journal des Debats has an article on (he state of French railroad companies, and attributes their depression not only to the throwing 200,- 000,000 of shares on the market, but to the too sudden demand ofinstalmcnts. “The instalments already paid up,’ says the Debats, “are sufficient to carry on works for next 18months,until whielK period none will be called for,” This alludes to 4 the determination of the Havre company to exe cute at first the road merely to Pontoise, and even open it, ere they proceed farther. The journal recommends a revision of tariffs, and an allevia tion ot the terms imposed on companies. A min imum of interests even may hereafter he guaran teed to future companies, i. t. no doubt to the Belgie line, but not to those at present existing. Government, however, is nut likely again to follow the recommendation of the Journal des Debate, which so strongly advised the two simultaneous lines to Versailles, which have turned out so dis antrous. Spain. The meeting of the Gortcs is looked for with great anxiety. The present ministry it is thought, will lie dissolved. A battle lias been fought and the Garlists have been victorious. London, Nov. 9. American Securities have been rather exten sively purchased by the public since Tuesday last, and the market for them is good at the following prices: Five per cent, pound sterling Alabama, 84. Five per cent. Alabama, 83 to 84. Five percent. Indiana, 93$ to 94 j. Five per cent. Louisiana, (Baring’s) 92 to 93. Five per cent. Louisiana, (Lizardi’s) 95 to 96^. Six per cent. Mississippi, 93 to —. Six per cent, Ohio, 1850, 100 Jto 101 J. Five per cent. New-York, 94 to iK>. Five percent. Pennsylvania, accordrng to dates 92 to 93. United States Bank Shares, 241. 17s. 6d. to 251. Five per cent. New York City, 90) to 91). Six per cent. Virginia, 95 to 96. Six per cent. Camden and Amboy Railroad, 102 to 104. Six per cent. Illinois, 95 to 90. Five percent. S. Carolina, £, sterling 95. Five percent. Harrisburgh and Lancaster Rail road, 88) to 89). From the N. O. Pkajune, Dec. 26. From Texas. By the Columbia, arrived last evening from Galveston, whence she sailed on the evening of the 22d inst., we have received dates from Hous ton to the 20th Dec. The papers announce the melancholy news of \ the death of the Hon. John A. Wharton. His | loss may well be considered a national calamity to Texas as he was identified with all those great events which have raised her to an elevated stand among the nations of the earth. From the Telegraph of the 19th inst. wc learn that some of the most respectable and influential! Mexican citizens living near the borders of Texas i had arrived at Bexar. They stated that the Mexicans residing in the states of Coahuila and | Taraaulipas were desirous of contracting friendly i relations with the citizens of Texas and had ex- ' pressed a desire to unite with them in an expedi- j tion against the Camanches. The Mexican troops have all been withdrawn from the Texas lines and some of their generals, among them Filisola, ap- j pear to be disgusted with the Mexican govern- i ment and have expressed a determination to quit j the country for good. The utmost tranquility appeared to exist in the neighborhood of Bokar. The Camanches had not 'been seen in that neighborhood for some length of liifW, and Mexieans Irom the Kio Grande were ar living daily and all mnnilcsted the most pacific disposition toward the Texians. 1 lie above are the only items of importance we could gather from the Texas papers. From the Charleston Courier. By the sehr. Homer, Capt. Fisher, arrived at this port yesterday, we have received a file of N as sail papers to the 15th inst: We learn from Capt. Fisher, that the schr. Jo seph Ashbrook, Burrows, 5 days from Baltimore, for Mobile, with on assorted cargo, was wrecked on Elbow Reel, Abaco, on the night of the 37th Nov. vessel totally lost—crew and pa.it of the ear go saved and taken to Nassau, and sold. I lie schr. Caruhoo, Delesdemicr, from New Vgfik, tor Mobile, with an assorted cargo, was ipxrt'cked about 12 th Dec. on A Wo—vessel will he a total loss—crew, passengers and cargo were taken to Nassau, where the cargo was sold. The Hr. brig Emetine, Wilson, Irom Bt. Jago do Cuba, tor Liverpool, with a cargo of Copper ore, was wrecked on the Hogsties, sth Dec.—ves sel and cargo lost—part of the materials and crew saved. Capt. Fisher, tell in with on the 17th inst. 14 miles N. E. of Stirrup Key, with a small sloop boat, having on board (‘apt. I’honipson, vvho had sailed same day from Nassau for Key West; the final must have sunk had she not been fallen in with at the time. (-' a pt. Burrows, late of schr. Joseph Ashbrook, and one seaman, came passengers in the Homer. Nassau, Dee. 15. i Oatlie 7th inst. Her Majesty’s brig \\ anderer, Commodore Bushby, entered this port, from a cruise, having in company the Portugese brig Scorpion, with about 250 Africans on board.— Phis is the third or fourth vessel which has been captured by the Wanderer and brought into Nassau. From thv Haiti more American. Proceedings in Congress. Washington, Dec. 22, 1838. united states senate. The Vice President laid before the Senate, from the Secretary of the Treasury, a Report relative to the relief of the insolvent debtors of the United States. A bill was reported granting to State and in corporate Rail Road Companies the right of wav through the public lands. Mr. Williams, of Maine, brought in the follow ing resolution, which was adopted— Resolved , I’iiat the Secretary of war be request ed to communicate to the Senate such information as may be in his possession in reference to the defence of the frontier of the Stale of Maine —the number ot troops at this time employed within the State—and the posts at which they are sta tioned. The resolution was adopted. After the presentation of some unimportant memorials, the (Senate adjourned over to Wednes day jioxt. ROUSE OF RECItESKNTATIVES. The House continued in session last night Q’’rid ay) till near 9 o’clock.—Mr. Wise keeping >e floor till the hour of adjournment, concluding the speech begun by him sonic days since in rcfPt cnee to defalcations. I The resolution from (he Committee of Ways and Means for a Select Committee was before the House. Mr. Wise, during his speech, examined into every particular relative to forty defalcations— giving names, places, dates, sums of defalcation, and every fact in relation to them. Two hours were passed iu consideration of the defalcation of Samuel Swartwout. The petition presented by Mr. Adams some 1 .days since was in order, and came uji fur discussions Mr. Dromgoole called lor a division of the njMN lution, and that part of it proposing a the Committee of Foreign Affairs was carried. The proposed instructions next came up, and on this question a lengthy discussion arose, at the conclusion of which, the instructions and report proposed by Mr. Adams were laid un the table by a large vote. The House then adjourned over to Wednesday next. From the Mobile Gazette, Sf General Advertiser. Texas. If there is any country in which the people of the United Stales feel more than a common in terest ; if any one in whose welliire their feelings and sympathies are more warmly enlisted, than in all others, it is undoubtedly Texas. Every thing that relates to this young and growing na tion, is interesting. Its climate, its soil, its pro ductions, its geography, its internal condition, and foreign relations, are all matters which recom mend lliemselves to the serious attention of the people of these United States. With its inhabit ants we have a strong fraternal feeling; their cus toms are similar to our own, the nature of their institutions very nearly resemble that of our own; they have been educated like us, have learned like us to prize enlightened liberty, and like us have learned to appreciate science, morality, and reli gion. In those dark liours when they were struggling for freedom, we regarded them as our brethren bravely contending for what we deem the birth right of all ; their cause we looked upon as kind red to that for which our fathers had, in the same way, contended ; and from tin: first our wishes and our expectations pointed to that glorious re sult which has finally crowned their efforts. Now we look upon them in a different light. We re gard them as a people no longer needing onr sym pathy, for we see that they have passed through the experimental stage of their national existence, and that they have nobly won a footing, and earned a reputation among the empires of the earth. Those dark portentious clouds that cast a mo mentary gloom around their early morn, have now disappeared, and they are rapidly rising to an ho norable station among nations. There is already a degree of vigor and earnestness apparent in all her movements, an evidence of skill and wisdom seen in her councils, which give the assurance that our sister Republic is destined, at no distant day, to maintain an honorable competition with our own country. Such being our feelings towards Texas, it is but rational that we should feel somewhat impatient to see her internal arrangements permanently completed. That such is not the case at present, must he evident to every one, who is at all famil iar with that country. Her finances arc yet un settled ; and while they remain so, must be a source of perplexity and anxiety, not only to her own citizens, but also to all others who have oc casion to deal w ith them. There is no good reason why the currency of Texas should be at such a ruinous rate of discount iu this country as it now is. It is true, much lias already been done by Congress, perhaps as much as is required of that body to do ; hut it appears to us that something besides natural causes have had an influence on their currency wltich has tended to its greater de- precision. Wc cannot discover lor it a sufficient cause in the balance of trade, great ns that is against them, when we consider the immense rev enue which they arc constantly receiving from public lands ; much more, in our opinion than sufficient to supply the deficiency created by the balance of trade. Wc arc therefore constrained to attribute it to some other and extraneous cause; but what that cause is, is beyond our knowledge. Her I'aritl, too, is on my thing but a perma nent fooling at the present time, unci until there is something like stability imparted to it, it must operate seriously against her commerce. There is still another matter, which thongh ap parently a domestic one entirely, has nevertheless a serious influence abroad—and that is the pres ent location ot the scat of Government. Persons emigrating to, or acquiring an interest in a new country, always regard us a matter of some con sequence the location of the seat of government, and their movements are always more or less in flueneed by it. In looking upon the map ofTcx as. the first consideration is, that Houston is not the permanent seat of government. .Some more central point must be selected before any confi dence can he felt in its permanency. No one doubts that it will soon he removed to some place further west, as far at least as the Colorado; and many individual plans and private purposes are held in suspense until such time us its location shall he definitely fixed. It is a matter of sur prise in this country that the population of the West have so long submitted to the inconvenience to which the present site must subject them. It is not however the fault of the people, that this matter has not been already settled; for if wo mistake not, an Act was passed at the last session of Congress, fixing upon some place on the Col orado as the future site ; but it was the misfor tune of the young republic, at that time, to have at the bead of her atlairs an individual whose pri vate interest was of more importance than the public will, and the measure was consequently vetoed. It is however supposed the matter will bn again brought up at the present session of Con gress, w hen the will of the people will no doubt prevail. A clergyman, not quite a hundred miles from Edinburgh,preached a most edifying discourse on •* come and draw water out of the wells of salvation, without money and without price.” On the following week some of his parishioners took the liberty of drawing water from a very fine spring well in the parson’s garden at which the learned divine was not a little nettled. Ueing re minded by the intruder, of his text and sermon, the reverend gentleman replied, “you may draw as much water ns ye like from the welts of salva tion, but it you come here again and take my wa ter, I’ll send a bullet through you.” ; COMMERCIAL. 1 Liverpool, Nov. 9. Cotton. —During the heat of the demand on Satur day amt Monday last, extreme prices for all kinds were obtained, with a firm market; hut the ac counts received by the Royal William on the latter day, from New-York, not bearing out those pre viously brought by the (treat Western, the inquiry has since become less animated, with a more settled market, closing at last Friday's prices, with a dis position rather in favorofhuvers than otherwise. — ; The sales to-day arc about 0000 bags ; speculators have taken 2000 bales of American and SOU Su- rats, and exporters 200 bales of American. Manchester, Nov. 9. Cotton. —The business done on Tuesday was cx -1 tensive, both in hand and powerloom clotlis; and though the last arrivals from America brought more . favorable accounts of the cotton crops than has been previously entertained and though these ac eou s< have operated a little on the cotlou market in Liverpool, still purchasers of grey cloth to a large extent have since appeared, and at decidedly higher rates. Many large manufacturers have not a piece on hand, they therefore anticipate a good trade. — Though the winter yarns are saleable to a fair cx | tent at a shade above last week’s rates, the advance is not sufficient to induce some spinners to work full time. Marseilles, Nov. 3. In Cotton there is a good inquiry. Sales of the week 2500 bales. The stock on hand 26,300 bales, of which 11,000 arc U. States descriptions. Antwerp, Nov. 7. Cotton is in demand. Salc s have been made of 100 bales Georgia at an advance on former rates. New-York, Dec. 24. Colton. —This market remains much the same as at our last report. There has been a light specula tive demand and rather less inclination, ship prices remain nearly Hie same, except for good and fine, the tendency for which is still upwards. The weeks sales reach about 3200 bales, at 14aHI for Florida, and Haltii for Mobile and .New-Orleans, Upland 11 fa 10}. The arrivals have been 2000 hales. The export from the United States since October I, 65,000 Same time last year, 120,615 Short bales 61,615 Charleston, Dec. 29. Cotton. —Our details of the Upland market tins week, on account of the holydays w ill necessarily be brief. Operations were confined mostly to the middling qualities ; hut last week’s prices on all de scriptions have undergone alteration. The sales of the week amount to 3282 hags, at from 9to 14. Macon, Dec. 27. Hut little Cotton has been received this week in consequence of the Christmas ho ydays. There has been a tittle improvement in prices since our last —sales are from 10 to 13cts —Principal sale* from 11 i to 12} —choice cottons will readily bring 13 cents. Savannah, Dec. 28. Cotton —Arrived since the 21st intt. 9243 bale* Upland nnd 66 bales >S. I. Cotton, and cleared at the same time, 7934 hales Upland and 25 boles 8. 1. Cotton ; leaving a slock on hand, inc usiveot all on shipboard not cleared on the 2 si in«1.0f23,099 holes Upland and 131 bales .Sea Island. The business of the week in upland has been very moderate in extent, and prices barely supported* The scarcity of money has probably had some influ ence in checking the demand —the sales amount only to 1841 bales, at ftom 12 to 11 cents. A few small parcels of Sea Island have changed hands at the full previous prices. DllY GOODS. WM. 11. t KANE, has lately received a variety of new goods, which makes his assortment as good as can he found in this city, he wit! dispose of them either at wholesale or retail, at a very small advance. Country merchants will do well to call and examine his assortment, dec 21 wlm HU N AWAY NEGRO.—Kana way from the subscriber, on the 13th of September, a negro man by the name of WARHKN, abrupt-- 25 or 26 years old, having lost ome of his fore-teeth. It is pre sumed that he has shaped his couise for Charleston, S. C. A liberal reward Will be paid for his apprehension end safe keeping so that I get him again. UYRD M. GRACE, dec 20 w4t P. S. Letters will reach me cither at Columbus, Ga., or Henry Court House, Ala.