Newspaper of The New York Herald, 13 Şubat 1843, Page 2

Newspaper of The New York Herald dated 13 Şubat 1843 Page 2
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I. \OKk HKHAI.!'. m w lurk, Monilny, Kebrwiry 13, 184J. Herald Lltrrary Depot. All the new liteiory publication! of the day, issued on the cheap cash system, are fur rale at the HERALD LITERARY DEPOT of CHEAP LITERATURE, North Weel corner of Fulton and Nauaau streets. Call, see, and buy. State Debte Proipectlve Collision with Knglond. A very important movement was made last week in the House of Representatives, on a question ol printing the two late re porta on I-tare debts, in which the Hon. John Q Adams made a speech, indicating i most conclusively that, unless these Stat<* debts due to foreigners wete provided tor in some way, the British government would pretty soon take up the question on national grounds?and either compel the Gnited States Government to provide for these ] debts, or the former would consider tne refusal a sufficient casus btUi. .Mr. Adams illustrated this remarkable view by reference to the late war on China?and furthermore, seemed to consider that, under the laws ol nations, the British Government would find a sufficient justification lor pursuing such a course, even it it resulted in a general war between the two countries. The very curious and original debate on this subject, Jmost grpahically reported by our special correspondent, was published exclusively in the Herald of yesterday. It is a very singular coincidence on this highly important subjectt that on the same day, without any knowledge ol eacli other's opinions?separated by a distance ol more than two hundred miles, two distinct niinds?two inde|iendent intellects?the one going off", and the other comingo n, the great stage of human affairs, promulgated the same opinions? the same ideas?the same views on this momentous subject. We mean John Q. Adams and the New York Herald, tin that day we published in New York almost the same view on the subject of these debts which the " old man eloquent" spoke in the House of Representatives at Washington. It will be perceived also, by an Ohio correspond- ! ence in this day's paper, that a public movement has been made on the same question in the west? and we believe similar movements have been made in other parts of the country. All these indications point forcibly to the convic- i tion that the assumption of State debts by the General Government will become one of the issues in the next contest for the Presidency?in combination probably with a national bank?a protective tariff ?a new disposition of the public lands, and other minor questions of the day. The State debts alone, must, however, soon become the absorbing question of the day, inconsequence of its combination and complication w ith our foreign relations,with ultimate peace or war with England, nay, with all Europe. If a foreign government can, under the laws of nations, make the United States national government responsible for the debts or delinquences of its citizens, there is more reason to belieye that the same principle is much stronger when applied to the State sovereignties of thisconfederacy. England attacks ? China, because a local government destroyed the , property of a few Englishmen?and she is justified | by the public law of Europe, in thus making the de- , struction of the propertv of a subject a fauna belli , and in compelling tnat haughty empire to pay for the property lost, and the cost of collection also. In relation to our State debts, whatever the exact legality of the ca6e might be, the morality, the justice, the public sentiment of the world, would be all on the side of the British Government, and all against the United States. Europe would not enter into the special pleading of lawyers or financiers, or the nice abstractions of State rights?or the popularity or unpopularity of the measure?or the impossibility of suing a State?or the policy of whigs or locofocos These sovereign States have got the money from British suhjert*- and the British Go- ] vernment, as the national sherilf, with the execution , in hand, demands the pay. If the pay is not forthcoming, then what next 1 Will they not seize what they can lay their hands upon I Will they not take what they can get 1 Will they not capture, at the proper time, American property on the ocean, sufficient to pay the original debt, and the expenses of the collection too I We have every reason to believe that this course of action is seriously contemplated by the highest influences of England?and we have equal reason to , believe that every European government, particularly France and Holland, will unite in the same view of the case?and asBist England in executing 8 the remedy in the last resort. < The United States Government have heretofore compelled every government of Europe to pay for 8 the nrouertv taken iinlawfnllv from A ? zens under the American flag, during the late war in Europe. The State governments of this Union n have taken the property of foreigners?and can they evade the payment, or refuse liquidation, under the a plea that in each particular State, there is a majo- i rity of the legislature against doing anything on the subject! The Governments of France, England, 0 and Holland, will not recogniee any such reasoning ?they will plant themselves on the natural justice? 8 the universal morality of the claim ; and they will, 11 one of these days, call upon the national govern* ment to settle the question, or make it a case of reprisals or war. In this point of view, we believe the relations of America and Europe are in a very ticklish condition, till these points of morality and justice are settled; and certainly the odium of the world will be against the United States, till they are settled honestly, and every cent is paid up. Thk BamsH Consulship in New York ?The appointment of Mr. Barclay as British Consul here, has been formally announced in the London Gazette, but his commission has not yet been received by him, and it is supposed that this delay is owing to the intrigues of the abolitionists in England. That party are, if possible, s'ill more fanatical and extravagant than their brethren in this country, and they are evidently opposed to Mr. Barclay's appointment, on the ground of his possessing slave property in the South. Rumor has, however, in this, as in so many other instances, been mistaken. The facts are simply thrse:?Mr. Barclay is an English gentleman, but has for many years resided in this country He ?riarri*rl a iuuif(i#rn laHu nf Ian** fr?rttin* a nrarl't^n of which consisted of cotton estates, all of which, 1 however, is held in trust for the benefit of her children. Over this property Mr. Barclay has not the f slightest control He has, in (act, nothing whatever { to do with it. Bo' such is the foundation of the ' flimsy pretext on which the Lnglish abolition party 1 are endeavoring to procure the revocation of Mr. Barclay's appointment?an apoointment that was 1 honored by the whole community here as exceed ' ingly appropriate. We do not think, however, that they have any ? chance of succeeding. With the late Melbourne administration, the abolitionists had some influence, for the whigs wen* desirous to con- ? ciliatethem, and obtain their assistance in return. But the present government is comjmsed of alto- 1 gether different materials, and Irom it the abolitionists have a very small chancv of obtaining encou- 1 rag?rnent or concessions. We can have little ap ' prehension that an appointment which is highly |u- ' dicisus, and has given general satisfaction, will be set aside for the purpose of gratifying the unfounded 1 prejudices of a fanatical party; and we have no doubt that we will very soon hear of Mr. Barclay's appointment having bcen confirmed. News from Khhopk ? The ship Liberty arrived yesterday from Liverpool, with dstes to the 3rd nit The Hottinguer ws- to sail two days after * her She will bring the overland mail Irom India, 1 which will give us one month's later news. We hourly expect her. j ? i . i iv The Nxw Pact Ofuck Law.?a new &nii very extraordinary bill, changing several important teaturea of the Post Office laws, has just pawed the Senate, and there is every reason to believe that both the ultra parties will unite and pass it through the House, merely because it is a law calculated to render the administration that has proposed it, execrated by all the intellect and intelligence, for ages yet to come. By this atrocious law, all periodical literature, magazines of less than a pound weight, and newspapers of all kinds, are compelled to pass through the mail, under a fine of #160, for each offence?and all private expresses of every kind are entirely prohibited, by a similar penalty. The operation of this law will be to destroy the circulation of all periodical literature, beyond the limits ol the city where it may be published. It is, in fact, a tax on literature and knowledge, that wil' esiroy inf usefulness of half th?* literary intellect of the nation. A more barbarian, Gothic, or ignorant law was never concocted in the dungeons of the Holy Inquisition, in order the repress the intellectual energies of a free and thinking people. In tracing the history of its origin, too, we are presented with the singular tact, that it is the first and only measure that has emanated trom the Tyler administration,that possesses a chance oi being passed into a law. For it teemt that Postmaster Gtntral WicHifft held, a convention of certain postmasters at Washington, among whom were Col. Graham of this city, Col. Montgomery of Philadelphia, and others of other States. At this Convention, in the interval of visits, dinners,and other doings, this law was coolly and calmly concocted?a law that is calculated, not to benefit the Post Office revenue?not to expedite the rapidity of the mails?not to increase the energy and efficiency of the department?but most eminent ly is it formed for the purpose of destroying the progress of American literature?of taxing, to a prohibitory point, the circulation of knowledge, and of bringing contempt and detestation on the President, under whose auspices it has been brought forward. We cannot conceive what possible motive could induce John Tyler to sanction such an infamous? absurd?inoperative?ridiculous?tyrannical-barbarian measure, against the progress of literature and knowledge in this country. He seems to be the most untertuuate of men, in the selection of his advisers that ever existed. Ilitheito his administratration has been a series of judicious negatives, vetos upon bad laws, till the Exchequer came up, the sole 8nd only child of thirtv six fathers. That poor innocent was killed at the first oaset?and now we have a measure of the most fatal tendency to the progress of literature and intelligence?a measure coming, too, from Mr. Tyler's chosen confidential advisers, which both the ultra factions in Congress will pass, with the laugh el the devil in their faces, knowing well, that thievery measure will render the Tyler ad minis! ration more odious to the intellect and intelligence of the countiy, than any thing they could have concocted themselves. Well. Wtll?God's Will he (lone?wilful men mill have their own way. The Great Tyler Mats Convention on the 15th of March, will be a screamer? that's all. Newspaper Changes?Brants and Deaths.? rhe revolution, change, mortality and new births in lswspapers continue. The " New York Express" ms reduced its price to two centt, and adopted the :ash systemthroughout. Good?this is the first leg in the grave. The " Morning Post," an out-and-outer Calhoun paper, has returned at once into the bosom of its mamma,the "Evening Poet," a Van Buren organ, and Mr. Godwin, its editor, has issued proposals to start a new philosophical organ for the " democracies' to be called the " Pathfinder." The " Sunday News" has gone to the Tombs, having been run down to death, by a " hack jarvy." So we may say, that, in a week, we have had two and a half deaths, and one-fourth of a birth, in the ne wspaper line. Who comes next 1 Copyright for Sale.?Major General James Arlington Bennet.of the Mormon Legion, and LL.D. of the Mormon University,author of Bennet's American System ofPractical Book-keeping, and proprietcr of Arlington House, Long Island, offers for sale the copyright of tliis celebrated book. The Collins, booksellers of this city, it appears, have paid him already about fifty thousand dollars, as his share of ? ... _j:?: .L . ? >uv fiunt uii incmj cuiiluns ui me worK. we would advise the author to keep the book in his own hands, and remain at Arlington House in the enjoyment of the otium cum dignitatt. See the advertisement. Fashionable Amusements.?A great number of iplendid balls are to be given this week in this :ity. On the 14th, two Bachelor's Balls are given?one it Niblo's, and the other at Tammany Hall. They vill be crowded with youth, beauty and fashion. Madame Ferraro gives a graud ball on Friday light. The second ball of the Thistle Benevolent Assocition, will be given on Friday night, at Tammany lall. It will be a magnificent affair. The Whigs give a grand ball at the Tivoli Saloon, n Tuesday night. Many private balls and fashionable parties are Iso to be given, of which we may speak more paricularly anon. Theatrical and Musical?Mrs. Sutton has reirned to the city, and will, in conjunction with De legnis and other eminent artists, give a series of plendid concerts at Niblo's Apollo Saloon. These oncerta will be by far the most attractive musical mtertainments of the kind given in the city this seaion. Signor Rapetti gives his last grand concert of vo:al and instrumental inusic, at Niblo's, on Wedneslay evening next. The Signor will on this occalion play two pieces of his own composition, which ie has dedicated to the amateurs of this city. Ra>etti is an artist of great and acknowledged merit, tnd this concert will be really a treat. Messw Loder and Joseph Massett are meeting with [reat and deserved success in teaching the new style >f "singing at sight," at the Vocal Institute, corner >f Grand street and Rroadway. Mr. Massett is a lingei of great taste and science. Welch still carries all before I im at the Park ? The new pantomime has been remarkably succeasul. It is got up in the moat nugnificient style, and he new scenery is truly superb. Mrs. Howard is >ne ot the best Columbines we have ever seen. A [rent variety of entertainments are offered thisevenng Tiie Chatham is as usual in the full career of pros erity. Thorne keeps up a constant succession of ittractive novelties. A new play, the " Miser's daughter," dramatised from Ainaworth's popular lovel, is to be produced to-night. Miss Cushman is governing at the Walnut street Theatre, Philadelphia, with characteristic spirit and uccess. Barnum's company of Indians, at the American duseum, are attracting universal attention. Factoey Gikls.?It will be recollected that the [iris working in the Middlesex Mills, Lowell, lately 4 struck " for wages. They asserted that the own?rs of the mills, the 44 Merchant Princes," had vioated their contract. To pay the poor girls for as?erting their rights, these 41 Merchant Princes," in the fulness of their benevolence, have sent the names of these who 44 struck " to every factory in Lowell, to prevent them from getting employment, and earning their bread and butter The consequence of this is, that the girls are now nearly destitute, and have been compelled to apply to the legislature for relief. Shame upon the owners of the mills' New Betinswiok.?The parliament of this province met on the 1st inst , and elected John W. Weldon Speaker. The sjieech of the Governor was delivered, and congratulated the province upon Us prosperity, &c. &c. Nothing else. I Mxdicai..?The Medical Schools in this city are J both wall attendad this winter. The Crosby street College, and the New School have between them about three hundred and fifty pupils. This is doing a good business. The movement of Drs. Mott, Pattison, Parker, Kissam, &c., for the purpose ol establishing chemical lectureships at Bellevue, is till progressing, and we hope that that large Hospital will soon be thrown open to the profession, and its vast facilities properly appreciated nnd employed. Drs. Swett, A. C. Post, and Watson, give lectures at the City Hospital, but they are poorly attended, because the students are not required to produce evidence of visiting the Hospital. This should be altered at once. It is impossible for young men to acquire their profession properly without U>ng and diligent attendance at Hospitals, where they can see disease and learn its treatment. Great attention has been excited in the medical world, by some remarkable cases o! rheumatic and gouty affections, and diseases of the skin, by the use ot medicated vapor baths. The medical faculty are almost unanimous in the opinion that these baths are of infinite service in these and many other cases. Mrs. Carroll, of 25 Courtlandt street, in this city, has a remarkably fine establishment of this description, which is much patronized by our first physicians. The association of physicians, for the improvement of pharmacy and the sale of genuine medicines, are meeting with great success. Patients are coming from all parts of the country and placing themselves under the care, of the college. Their principal office is at 97 Nassau street. They contemplate, we understand, opening a large private Hospital early in the spring. This is much needed in this city. Dr. Homer Bostwick, Professor of Surgery, ha9 also opened an establishment at 75 Chambers street, for the treatment of all sorts of diseases, and the sale of valuable medicines, and is succeeding well. Altogether, all these movements of our medical schools and colleges, under the direction of such men as Mott, Revere, Patlison, O'Regan, Parker, and Bostwick, are contributing immensely to the spread of medical science, and the suppression of quackery. Little Later from Mexico?We have received bv the Eugenia, Captain Biscoe, from Vera Cruz, " El Siglo Diez y Nueve," published in the city of Mexico, to the 5th ult. We thank Captain B. for them. They contain no news, and for the best of all reasons, they are under a strict censorship We learn, verbally, however, that Campeachy still neia oui?mat eania Anna continued in the ascendancy?that Commodore Jones "was looked upon as an extraordinary man?and that the news of the Mexican successes in Texas had not reached the capital. Board of Assistant Aldermen.?This Board meets this evening. The Police Reform is made the special order of the meeting. This Board did themselves great honor by the promptness wi'h which they carried through the Meat Market Reform. Will they imitate their own example in the matter of Police Reform 7 What is his Honor the Mayor doing on thissuhject 7 When are we to hear from him 7 City Intelligence. A Charitable and Public Measure.?We have heretofore called the attention of the members of the Common Council to the necessity of constructing a public building at the foot of Sixty First street, from whence the feiry boats to Blackwetl's Island depart and land, and are pleased to be able to announce that the Committees of Finance of both Boards have concluded to take up the subject for consideration and immediate adoption. In the meantime we present the following certificate from a number of public officers of our city whose duties have rendered them fully acquainted with the necessity of the measure:? " The lubject of providing on this side of the river, at mtj lerrry 10 dik> wen ? isiauu, proper means lor ine security of prisoners, as well as suitable accommodat ons for the sick and others, who are nrider the necessity of being transported to the Island, being now before the Committee on Charity and Alms House for their consideration, we deem it our duty as public officers to urge on the Committee and on the Common Council the necessity of providing such accommodations as well for security and pro tection, as to prevent the too open palpable Intercourse now existing between the prisoners on the Island and their associates in the city, which at present, baffles the best efforts of the Keepers, and of the Police. E. STEVENS, H. W. M BRUIT, MILN PARKER, GEORGE W. MAT8ELL, Police Magistrates. F.A. TALLMADGE, Recorder of the City of New YorkB. W. OSBORN, Clerk of Police Court. JOHN MYER, Superintendent of Alms House. ALEXANDER F. VACHE, Resident Physician. JOHN McCLKLLAND, Assistant Physician at Lunatic Asylum. JOHN W. BROWN, Keeper of Blackwtll's Island. HENRY VANDERVOORT, Clerk of Sessions, Ac." Arrest or Watrous.?The piece of aciip found in the pocket of Mr. G. Watrous, who was arrested on Friday evening as an associate in the false pretence practices of De Merritt, Scoble, Nelson & Co. was ot the fraudulent institution of which he was president, and not ot the " American Each. Bank," as previously published. The latter institution stands every way responsible, so far as we have any knowledge. Common Council.?hoth boards of Aldermen meet this afternoon at five o'clock. itroppkd i'kad.? i ne man wno leu upon the side walk on Saturday afternoon, in Barrow street, and died immediately afterwards, was named Thomas Cornelius, and not Thomas Dean. At a Good Old Age.?The coroner held an inquest yesterdny on the body of Mrs. Margaret Quinon, of No. 140$ Walker street, who died suddenly, at the advanced age of 86 years. Police?Officer Fallon arrested a counterfeiter named Jeremiah McDonald on Saturday evening. He stands charged with passing two g5 counterfeit notes of Tolland County Bank, in July last, to his poor washerwoman, for services rendered by her. On being discovered, he made a bolt for escape, but found that Malachi, his pursuer, was too smart for him. The irght patrol of city marshals is working wonders in preventing midnight hu'glaries. Let it be increased. Steamers.?Two are now running over the Atlantic?the Acadia and Great Western. The former will be here in ab:>ut a week, and the latter on the 4th proximo. Arrivrd?All the back mails came in yesterday. No newaby any of them. Boston Nkws.?Adams & Co. ca.ne in ahead of the mail, as tsual,yesterday. They Rave us papers. Mild.?The weather yesterday. Snow nearly disappeared. That Storm ?The storm of Sunday, the 5th instant, was a tremendous affair. It extended over a large piece of territory. For instance :? [From Portland, Ms., Argun, Feb. S.l We had a heavy fall of snow last night, and it continues to fall very freely. The wind blowing fresh, has drifted it considerably. Mora snow has fallen since five o'clock last evening, than hasfallen at any one time for years before. It is drifted in some exposed places to the depth ol six feet. [From Cleveland, Ohio, Herald, Feb. A ] The weather yesterday and last night would have done no discredit to winter on the Green Mountains. Considerable snow sifted from the clouds and the furious winds forced it into every crack and cranny, beside piling it in unsightly drifts wherever Boreas found it convenient to do so. The quantity of snow was sufficient to make capital sleighing, had it been suitably distributed. So severe a storm has not visited|us before for some winters. The storm is raging and considerable snow falling this afternoon. Vapor Baths.?Mrs. Carrol, at 25 Courtlandt street, has just improved her famous Medicated V11|s>r Baths, anil is now ready to receive visitors, preparing lo enjoy the spring These hatha, taken in time, are the best preventatives of all the disease?incident to humanity. ' " BY THE SOUTHERN MAIL. I Wuklnfton, 1 Correspondence ol the Herald. | Washington, Saturday night,) Feb. 11, 1848. 5 Reduction of O Ulcers In the Now York Custom House, die. The Senate did not sit to-day. The House was occupied in this way : After the presentation of a few memorials recommending Congress to adopt Cost Johnson's plan, the following were presented from New York city Mr. McKeon presented the resolution of the Chamber of Commerce of the city of New York, re-affitming their opinion in favor of a warehouse system, und requesting their representatives in Congress to urge the adoption of a measure so important to our commercial interests. Mr McKeon also presented a resolution from the Chamber of Commerce, in favor of a continuation tl?.. n/iocl oiipi'oii u n/1 lliut nnUli aol iein ua far a a practicable, should be made as fast as any i>art of the work is completed. Mr. McKkon also presented a petition of the Marine Insurance Companies of New York, praying lor un appropriation for the erection of a Beacon on the West Bank, near Sandy Hook. The House then took up the bill relating to frauds in the pre-emption land titles A section in this bill was introduced to abolish the office now held by Mr. Robert Tyi.er, as Secretary to sign patents for the public Lands sold, and saying that the Register of the Land office shall hereafter perlorm the duties. So Mr. Robert Tyler's office and salary is hereby abolished. This is a small potatoe movement,mean and paltry in the extreme, and only worthy of a small and mean mind. Mr. Garrett Davis, (Mr. Clay's file leader) then made an attack on the New York Custom HouBe. He moved that the House take up the Bill to cut down the number of persons and salaries in the New York Custom House. He introduced the following data on which to establish his bill:? ISew York Custom House. Persons Amount of Amount of Kmjiloyed. , Salaries. Revenue In 1827 164 $112,970 $13,272,126 54 1826 ? ? II.'82,147 22 184 1 503 $489,123 10 932 117 98 1840 ? ? 7,623,099 66 Bv O. Davis'sNe wBdl. 340 S326.410 about tin.illio.nnfl no Here is the celebrated bill:? Be it enacted by the Senate and House of Representative! of the United State* of America in Congress assembled, That the Secretary of the Treasury, be, and he is hereby, directed and required, on or before the fiist day of May next, so to reduce and arrange the number of persons ia the employment of the United States at tho port aforesaid, and their annual pay and salaries, that their number shall not exceed three hundred and forty, and the aggregate pay, salaries, and compensation, of every description, shall not exceed the aggregate sum of three hundred and twenty-six thousand lour hundred and fifty dollars. See 3. And be it further enacted, That no greater number of persons than are authorized by the first section of this act, nor any larger sum in the aggregate for their pay, salary, or other compensation, than is theria allowed, shall hereafter be permitted for the said port ol New York. Sec. 3. And he it lurther enacted, That it shall be the duty of the Secretary of the Treasury to report, in detail, to Congress, at its next session, the mode and manner in which ha shall have performed his duties under this act. Thia Bill was read a third time and passedIt

waa rushed right through. The question then tame up on printing 10,000 extra capies of the reports of the majority and minority of the Ways and Means Committee adverse to Cost Johnson's plan of issuing $200,000,000 of Government stock. On this, Mr. Gwinn, of Miss., had the floor. He continued in reply to Mr. Adams. He said Yesterday, Mr. Speaker, when the morning hour expired, I was proceeding to state the grounds taken by the State of Mississippi in regard to these bonds. As my colleague, in a letter published in 1841, and extensively circulated, has given a clear and concise history of these bonds running back from their issuance to the article in the Constitution which prohibits the creation of State obligations, I will ask the clerk to read an extract from that letter, which I have marked [Extract read by Clerk ] Sir, this is'the basis upon which the State has founded its action on this question Neither party in Mis sissippi is in lavor m laying n tax 10 pay inese Donas One was for assuming the debt, but refuse to lay a tax to pay it. Their motto was that of the gambler, " Settle fair, if you never pay." The other party refuse to lay a tax to pay these bonds because they believed there was no constitutional or legal obligation on the State to pay them. Not a dollar was ever received by the State of the proceeds of these bonds. The agents who sold them were appointed by the Bank under authority derived from the unconstitutional supplement. The money did not go to the State Treasury?was received Dy no State officer?there is no evidence among the archives of the State of the existence of these bonds or the Btock of the State in the Bank. No obstruction had been thrown in the way of the bondholders ?to prevent their seizing the assets of the bank. I differ with Gov. McNutt as to the value of these assets. If they are well managed, as I have no doubt they will be, by the present assignees, who are honest business men, I believe there will be a large surplus to be applied to the payment of the bonds. There is also 10J millions of property mortgaged by the stockholders which 6eme of the ablest legal men in Mississippi contend is liable for the payment of their bonds. I am no lawyer, and have no opinion on the subject; but the one I have given is sua ained by gentlemen of legal attainments equal to any in the country. No obsta-1 i l __ .1 .t-_ -r _ I II II uic una uccu uiiuwii 111 111c way in uic uonu uoiaers to proceed to foreclose their mortgages. The State and United States Courts were open to them. If this mortgaged property was held liable to pay these bonds, comprising as it did some of the finest estates in Mississippi, and equal in fertility to any in the world, these, with the assets proper, would amount to from 15 to 28 millions of dollars, which would more than pay the principal and interest ot the bonds; and, Sir, I believe these bonds are more likely to be paid than those of the States who have been passing resolutions against repudiation. Sir, I alluded yesterday to the course said to have been pursued by the gentleman from Massachusetts, dnring the negotiations at Ghent in regard to the navigation of the Mississippi river. I have no confidence in the apprehensions of the gentleman as to the danger of an attack upon us in that quarter by British steamers. Blue lights were held out during the last war directing our enemies to our weakest points of defence. The gentleman from Massachusetts may be called the finger post directing Great Britain, to what he supposes our weakest point of defence now in the event of a war. He has declared that in the event of war or insurrection in the slave States, if the United States were called on for protection or defence, that our slaves will be freed.? His great object now seems to be, to bring about the emancipation of our slaves, even if success would bring with it universal slaughter and bloodshed. (Ihe Speaker called to order. Mr Adams wished the gentleman tc proceed.) I am coming to the question, sir. The gentleman from Massachusetts can have no more effectual aid in carrying out his schemes of emancipation, than in the event of a war with Great Britain, to direct her attention to the point of attack in the slave States, indicated by him :. i-.. i -. >k.i 1 i ?' ycaicmay. ijci uini nnuuu rcuu nrr war sieamere into the centre ot the slave States, declare martial law, encourage insurrection j let the States thus assailed call on the General Government for assis tance to quell these insurrections, and according to the doctrines of the gentleman from Massachusetts, our slaves would be tree, and his object would be accomplished. I do not charge that he intends or wishes this, but his course on this question is more likely to bring on a war, il we do not assume these State debts,than any that has been taken before, here or elsewhere. A member of this House, who has held the exalted station of President of the United States, asserts that the State debts mu*t be assumed or England will have cause for declaring war The British government will not be slow in taking up and carrying out this doctrine. The gen'lem-m hss called the defence of Mississippi against the assumption of this debt " metaphysical." Foreigners have said they cannot comprehend the distinction between the State and Federal constitutions. Here is authority in future lor them on this side of the water The gentleman entertains great horror of State repudiation of unacknowledged debts, yet he is the advocate and voted for the bankrupt law which es- i tabliahed the most wholesale system oi repudiation orhonest, bona, fide undisputed debts ever known in this or any other country, According to the gentleman's theorv it is disgraceful for a State to refuse to assume a deht she declares was created in violation of her constitution, and for which she received nothing?yet it is perfectly fair and honorable for the citizens ol that State, one or all to repudiate all of the honest bona fide debts, under the bankrtii t law?debt* contracted in accordance with constitution and law, and for which full value was received. I will make a practical application of the gentleman's theory of an honoranle repudiation of unacknowledged State debts, and honorable repudiation of acknowledged private debts During the glorious era of |?a|>er money, from 1835 to 1840, commercial houses in Europe established agencies in this country to advance money to the planters to secure shipments of cotton to their houses Competition sprung up in this line of business, as in most others, and the agents advanced much more than the|eotton was worth, which on settlement left the plan' rs greatly in debt. These balances fulling in part in the hands of the Barings, are sent over for collection, but the planters are now shout to go into court under the bankrupt law, and pay off the debt at one cent to the dollar. This is nil right and fair, and perfectly honorable. But these mime Hur.ng.have some bonds issued in the nsme of the State of Mississippi, for which she received nothing, and she is dishonored because she does not assume them uncording to the doctrine of the gentleman from MaH.-achusetis 1 hsve h stronger case than this? 'his great Union Hank itself became a cotton brokfl and advanced fifteen cents per pound to the planters tor their cotton, and skipped it to Batinu ami l>ro there, who advanced to the bank about half that sum, yet the. cotton sold for le.->s titan the amount advanced to the bank bv the Barings, and the baI nice is unpaid, the bank insolvent, and has assigned its assets without providing lor this debt; yet no one complains of dishonesty or dishonor in this transaction, while the same Barings have advanced the Bank of the United States money on hypothecated, pretended Mississippi bonds, and complain that the State in dishonored because she will not assume the payment of these bonds, for which she received nothing, no more than she did of the advunees upon the cotton shipped by the Union Bank- The government tot Great Britain has reniiHinteH fnrverl errhe quer bills that had passed into the hands ol innocent holders; has repudiated a portion of her national d* bt by taxing the income of the holders of the bonds ; wagon loads of continental money, issued during the revolutionary war, the use of which enabled our forefathers to uchieve our independence ; countless obligations of the Stntes issued (or produce received during the whole period, have been repudiated without a stain upon the na'ional escutcheon. Yet because Mississippi refuses to recognize an unconeti tutional debt, for which she has received nothing, she is to be accused of famishing that escutcheon. Nations all over the civilized world have repudiated bona jidt debts, without the charge of dishonor, while we are to be singled out as being disgraced because we will not pay a debt not our own, in contracting which, we d%id not rceive value to the amount of a red cent. 1 look upon this pretended horror of Mississippi repudiation as hypocritical as it is insulting. The fund mongers and advocates of the hanking, bonding and paper money systems in this country and Europe, ana their agents here, are bellowing against repudiation, to draw public attention from their own infamous schemes of swindling. We have been taunted by these men who live on the labor of others through the machinery of the banking and paper money system until the Robespiere of the Harrison administration (Mr. Granger), who was as fond of cutting ofl heads political ly as that monster was in realiiy, has ventured to lecture my colleague for proposing to bring down the expenses of the government to its current revenue. The gentleman from New York, (Mr. Granger), in his peculiar manner, which be always assumes when he purposes to say something witty or severe, remincled my colleague that it was unecessary for him to advocate ietrenchment,asourdebtscould be repudiated under the new doctrine, if they become troublesome. He thought he had touched my colleague on i tender point. but, like the blind rattlesnake in August, he struck his tangs into his own politically corrupt body; tor no man in this House is a more zealous advocate of the repudiation of honest, bona fide debts, under the bankrup t law, than he is, for we must all recollect his valedictory when this House was about repealing that law. Yet he had the audacity, in the face of the House, to sneer at repudiation. It was like the devil reproving sin, or a prostitute lecturing on virtue and morality. 1 will submit to this mode ot attack upon my State no longer. If gentlemen will travel out of the regular older of debate to attack us, they must expect to be met with a spirit becoming the representatives of a people whom the scolfings of the corrupt, nor the Irowns of power, cannot tear from their purpose in defending their constitution and laws from violation. The gentleman from Massachusetts (Mr Adams) points to the fate of China,and warns us to avoid a similar one by getting into a war with Great Britain. T recollect he ina public address put England in the right undChina in the wrong in that war.as he intends to do if we have war because we will not assume the St.ite deb s. He appears to be on the British side in argument il he is not in feeling. I do not desire war with Great Britain or any other nation, but the dread of it shall not force me to advocate the assumption of Slate debts, in violation of the constitution of my country My constituents prefer war if the other alternative is assumption. We have a deeper interest in peace and commercial intercourse with Great Britain than any Slate in the Union, as we export more to that country than any other State, yet we will forego alio! these advantages of peace, rather than sanction an invasion of our fundamental law. I despise the knuckling spirit that is manifesting itself in this country to tne power of Great Britain. We can expect no permanent peace by acting thus. I would prefer, in the language of the gentleman from Vir ginia, (Mr. Wise,) to slap John Bull in the face, to quailing before htspower. We will gain his respect the more permanently by this course. The gentleman from Maasachussets has great fears of the English Paixhan guns, and supposes'many cases to bring them to the bombardment of Natchez. I will answer him by supposing that subjects of Great Britain call on their government to defend them against the operations of the cxpost facto bankrupt law which has delrauded them out of immense amounts of their debts in this country, bona fide debts, for which full value had been received before the passage of the law. That government through its minister here asks for redress. Our President and Secretary of State return no answer. The potent argument of the Paixhan gun is brought to bear with a fleet of war steamers upon the city of Boston, demanding the British debts repudiated there under the operation of the Bankrupt Law. What is to be done 1 Why, according to the reasoning of the gentleman from Massachusetts, the horrors of war must be avoided, and this government must assume these debts and get clear of the Paixhan guns. I have no such lears of war or Paixhan emis as to induce me to sanction a vi olation of the Constitution to avoid the one or get clear of the other On the subject of assumption, 1 may have something to say hereafter. My only object in addressing the House now has been to defend my State from the unjust imputations that have been cast U|>on it. Mr. Granger, of N. Y. made a few remarks in reply, stating that the State of Mississippi had received the whole ot the money on the bonds, $5,1)00,000 and #180,000, and was bound in honor to pay the debt. The morning hour had expired, and the rest of the day was consumed in a ridiculous discussion about paying the |>eople of Florida some claims tor losses sustained bv the U. S. army in 1814 The claim was rejected, 113 to 36, and the House adjourned. W. H. A. LATEST SOUTHERN SHIP NEWS. Norfolk, Fi b 9?Arr Colombo, ("??!* , NYork. 8M Trio, Doaur, Qua 'aloupe. The Caroline, (8?) Volkmann, from .N York, cirar in from nee to-day. m l proceeded up Janus RiverArr6'l>, John Dunlon, Case, Richmond for NYork. WiLmisoTon, NC. Feb 7?' Id Southampton, (Br) Flint, Liverpoolj_ Orchitis H uding, 8t Doniiiuto; Betsey, Got1 am. Havana; Uncle Kirn, Atwnod, Demeraia, Pcma<iui<l, Baile;, St Domingo; Lurv Blake, Hiwrirr, Cha'leaioo. CHi?n?toN. Feb 9? Arr Gardiner, Bridairett, Bath, Me; Ueofge, Hull, NTorlt. Arr 8th, Woodstock, (Bi) Taller, Liverpool. Kid IlMidr, Thayer, do. Savannah. Feb 8?Arr Coi.cord, Lord. Boston; Plutua, Rogers, Havana, William, Ku sell, Matauzss. Cld Norlhamber land, (Br) Join t, Liverpool; Kuuomus, Crosbv, NYotm Amelia MulhollanileMilliucfon, do; China, Small, Boston. Sid New Hanover. Philadelphia. New Orleans, Feb 2?Arr Tennessee, Wiae, Boston; Kensington, Oorliain. Alviera. Below, coming np, ahiiia Lamport. (Br) Persian and Adrian, a Swedish brig, and sr vi ral other vouare ritigec* vessels, names not known. Cld Tyrone, Spear, Havre; Emi'y, Crane, N V ork; Monmouth, Patten, Liverpool; Kithleen, (Br) Ltinan.do; Caspian, Bartlett. Glasgow; O'ive Branch, Watts, Billimore; Frances, Sonle, Philadelphia Mars Hill, Gray, N York; N F Fruthingbam, Dennett, St Thomas. Spoken. Astracan, from New Orleans lor Hull, Jan 20th, lat 32 N, Ion 74 20. Levant, no dale, off Hole in the Wall. Georgians, and Ransom, no date, off D H Shot Keys. 09- The Iisduivi on Horserace.?The lamous War Chiefs Irom the Faj We-t, the Sacs, Foxe* and Iowas, have consented to remain all thia week at the Amo rican Museum to sec and be seen. They ride through our principal streets this morning at 11 o'clock, on horse- 1 back, and with their picturesque costume, will form a no vel and curious aavalcade. Though mast of theao Chiefs are now for the first time in civilized community, and do not speak our language, their dignity, kindatss and intelligence, make them the admiration of every visitor. They will not appear in their war dances except at 2 o'clock and half past 7. The greatest difficulty is in getting seats ?the only certainty being in going early and taking the first chance. (flj- Lundi Prochain il'y aura a I' Amphitheatre ou Bowery.?Grand Spectacle en Francais, Anglais, Allemand, Espagnol et Indian, pris des loges, 28 cents. To-night there will be a grand entertainment at the Amphitheatre, Bowery. The German Band, and all the principal vocalists of the musical depaitment o( the temperance societies, with a number of celebrated German and French performers, will appear for the benefit of the uit ru/t'iu) AiouciHiion. oXT' THE USRlOF MERCURY-IT9 ABU9E.?The ( day is past when Doctor* coulil dose their |iatient? with calomel for every (light disorder, and bleed them to faint, inc. Like the " New Dispensation," we look for better thing*. Bristol'* Sersaparilla, composed of purely vegetable ex- f tracts, 1* fa?t gaining a reputation in .In medical world, i unequalled in modern times. All opposition is only t? nd- ' ing to strengthen the public strongt r, it possible, in its ' favor; it has passed to n standard medicine in all cases of < scrofula, rheumatism, dyspepsia, or loss of appetite, all < disease* having their ri*o in an impure state of the blood, i For females there i* nothing so mild, pleasant and eftec tualjiit is tothein an invaluable remedy where they may 1 he afflicted with disease* incident ami peculiar to them- < selves alone Thi* is not one of thequnck medicine* of the day, got np to make money from; it is the fruit of many year* labor and experience, prepared with a | thorough knowledge of thn arcana of nature; for it 1* composed entirely of vegetable extract*, which act specifically 1 on various diseases. ( Sold, wholesale and retail, by Wm. Burger, M Court* r landt street, and at retail by Itnshton 8t Co.; Milbau's, 1H3 IIroadway: Asplnwall, H8 William street; Hyme, 83 ' Bowery; Trippe, 1117 Division street; J Syme, 30 Fulton, s near Water street; all Fulton rtreet, and Druggists gene- . 'ally. ( (ft- SUBSCRIBERS OF THF. HF.RALD?We call t your attention to nn advertisement in another column, commencing with a "Beautiful Head of Hair." The arti ele spoken of is pretty well known -'t Is "Jone's Hair lie ' t relive." It really is most excellent In fart all it is repre t ' nt' d, n* many can tes'ily who have used it. It Is sold r ry reasonable You can buy it of JONR9, at the sigi of the American Ragle, MChatham street. You need but use it once to like It?it is only ? shillings for a vial. i-i. ? . m .ui?1 ?? PROPOSAL FOR PUBLISHING A NRW Weetly Paper, to h* called, ; THE PATHFINDER. The subscriber designs to publiih on Saturday, the idlh day of February, an independent weekly paper, which will be named The Pathfinder. It will be made of the exact aixe and form ol the London Examiner, or what read ia in thia country will better understand, on the model of the Plaindealer, of the late William Laggett. Each number will contain sixteen pages,of three columns each, octavo, or lorty.eight columns of reading matter in oil.? This will he divided as follow a :? I. The Political Pathfinder will embrace elaborate and pointediliscussions of current political and social que*, tions. In politics, it will sustain what are known aa ultra democratic views, but will give a hearing to all side*, and especially to those who may be in possession of any new truth. The main object ol the editor, will be to make a journal that shall be perfectly open to the discussion ol all interesting topics. He pledges himself to no man, to no party, to no established system of thought, but will fearlessly oxpresa, on all occasions, whatever opiniona seem to him true and important- Freedom and progress is the motto under which he begins his enterprise. II. The Literary Pathfinder will comprise high-tuncd and carulully prepared criticisms of new publications, choice extracts and anecdotes from new hooks and magazines, short tales, and a faithful register of the latest liter. ary intelligence, foreign and domestic. This department will b? placed in the hands of a gentleman of Ane literary accomplishments and taste. III. The Commercial Pathfinder will contain a weekly review of the stock market, prices current at New York, rates of exchange, bank note lists, domestic and foreign produce markrts, bankruptcies, and other intelligence of interest to men of business. The Fathflnder will also contain full accounts of the news.ol the week, foreign news, the proceedings of Congress and State legislatures, important decisions in tho Courts, strange and interesting occurrences, accidents, &c ., making a complete chronicle of passing events, and at the same time a valuable repository ot political, social, and literary discussions. Beii g printed in such a form that it may be bound, at the end of the year.it will combine the advantages of both newspaper and magazine.? The plan of the publication interferes with no existing publication. Postmasters and agents will see by the terms annexed, that it will be to their interest to procure subscribers.? Letters must be^oddressed to the subscriber at No. '-IS Pine street. Tkrms to Ant-ms and others. Single copies, per annum, $3 00 Two copies, j 5 00 Three copies 7 00 Six copies 13 00 Argus and Atlas, Albany ; Boston Post; Cincinnati Enquirer, copy three times and send bill to the subscriber, No, 35 Pine street, New York. PARKE GODWIN. Editors of country newspapers copying this prospectus with a reference, will be entitled to an exchange. 3 0Q- FIGHT THB GOOD FIGHT.-Our friends, Pease Sc. Son, 45 Division street, wage incessant warfare against the whole tribe of pulmonary complaints. Legions of coughs and colds have been put to Aight this winter bjr .uc u?s UI i c?o. a I1UI CUUUUIJ C.1H1J I1IIU 111 .'y Ilttve 81111 enough ammunition on hand to put to flight legion* more. Our own particular cold (and we bad a very obstinate one) stood out manfully against the first pa-kago, but the econd did the business. Go, ye afflicted to 4ft Division it. and get relief. 0&- REGARD YOUR LIFE AND HEALTH.-We would diaw the attention of the Public to the following inference : If the famous Hunter's Ked Drop?now known so far and wide as the only thorough and permanent cure for one disease?was not all it pretends to be, would men who pretend to have received a medical education and have actually made a livinr, by pretending to euro this class of disease, for some yeuis past?we ask, would such men pretend to know any thing of its properties, much less acknowledge they use it in their practico 1 Every candid man must admit they would not. An instance of this kind occurred in an advertisement in the New York Met aid of February 11th, by a man located somewhere in Ann st. The fact is, these men, finding their occupation receding and with their utmost exertions failing in effecting "a thorough, permanent, and harmless" cure, endeavor, bycounterfeiting this truly great mediainc, to reap some ad. vantage, and at the same time destroy the just popularity of this medicine. It can be obtained genuine "only" at the Huuterian Dispensary, No 3 Division street, established near ten years, by the present proprietor. All persons, in any of the cities throughout the United States, wishing to know who are the true agents for this medicine, can, by obtaining the New York sun or Herrld, ascertain the fact. Price $1 per vial, which is warranted in every case. Country physicians ran purchase at ?8 per dozen ; acornprehensive treatise accompanies every vial. <K7- GRAND MILITARY BALL.?A meeting of tha s.oinmiue i appointed to superintend the arrangements of the Grand Military Invitation Ball, to be given at tho Tivoli Saloon,on tlie -13d inst. in honor ol the Anniversary of Wellington's Biith Day, met at the Atlantic Oarden, Broadivay, on Friday evening last, Col. Peers in the cho r, and unanimously resolved that a meeting of the nflicers of uniform corps generally should be called; the said meeting to take plane on Monday evening, the 13th instant, at the Howard House, corner'of Broadway, and Howard streets, the chair to be taken at S o'clock precisely. The object of this meeting is to make arrangements for the distribution of the Ball Tickets. We trust Jur military friends will be present, eud aid in rendering the a flair one of a splendid character. (H7- A HIGHLY RESPECTABLE MINISTER OF this city lately gave a few of Sherman's Congh Lozenges to a lady, a friend of his, who had been given up by her phjsiciansand friends as in the last stage of consumption. The first Lozenge gave considerable relief, so that she wa? encouraged to perspyere in their use?and, through the blessing of Heaven .restored her to health. With such recommendation* asthese, whocan doubt their efficacy 7 The Doctor has also Lozenges for Worms, Dyspepsia.Sick Headache, Low Spirits, &c. His Cathartic Lozenges are the best medicine extant lor billions diseases, and will supersede the bitter pills commonly used for that purpose. Dr. Sherman's warehouse is at 106 Nassau street. Agents, 110, 373 and -'M) Broadway, 10 Astor House, 86 William street, 237 Hudson street, 186 Bowery, 77 EastBroadway, 130 Fulton street, Brooklyn, and 3 Ledger Buildings, Philadelphia. Stand*) , Feb. 19?A P. M. The first annual election of officers at the new board take* place to-morrow, Monday, at 9J o'clock, A. M. The board will probably be organised ai heretofore. After the election they will proceed to buiinesa at the usual hour. It ia expected that aa the association ia a new one, and it now been in operation Rome time tho President elect will m ike an address in relation to the operation and proapecta of the concern, and how far it has hitherto answered the ' xpectationa of the projectors. The attendance ;will pro bably be large. The Eugenia,from Vera Crux, brings $-16,000 in specie. At Mobile, on the 3d instant, specie had risen to 40 per cent premium. The general state of money affairs ia much more promising. Where capitalists are convinced of the stability of an investment, they come promptly forward, as in the case of the Massachusetts stock taken by Mr. Astoron Friday at 86 40 100, and of the remainder of the United States loan, which was taken up as soon as the votes in Congress killed the Exchequer plan, and the project for issuing " anignati" on the public lands. All the distrust now apparent in State stocks, has grown out of legislative action. " Stay" and "relief laws," on the part of the States, and " assumption" and issues ol paper money on the part of the federal government, were all species of repudiation, which by infringing the right ol property, strike at the root of the whole structure of society, and makes every man tremble for his accumulations in the hands ol others. While it is proposed in Congress to relieve certain States, by compelling the citixens of other States'to pay part of their debts to those States attempted to be so relieved, are passing stay and valuation laws, which not only deprive the creditors of individuals af their claims, hut prevent; the States from collecting their own taxes. The only manner in which States and the people can be relieved, aud credit restored, is to enforce the right of property in all cases ; and instead ?! depriving the creditor of his rights, to g.vu him every facility to realize his claims. As it is,money can no longer bo loaned with safety, an I is slowly finding employment in actual rurchases. The Banks are now the oreatsst buyers of bills for the import of specie, which yields them a profit. That specie, with the opening spring will (ind employment in circulation, and relieve the market* ol their glut o"f produce, and rai?e the money price* by cheeping the currency in it* relative value to'product*The advocate* of banking *eem deteimined, however, that there (hall be no prosperity without Bank*, because without those instrument* of corruption, those only can obtain wealth who earn it. It ha* been stated, that" the most important function of bank* i*, that they are the medium through which all mercantile operation* of the country nr? transacted." ThnCourier of Saturday, state* as follow*:? "Nearthe commencement of the year 1940, which year we only take, became the official return of it lie* near us ; any other willconvey the same idea?that document ;* ives tne loans and discount* of all the Banks in tho Un1i ,l State* at $474,000,000, which, supposing them to havo ixty days to rtin.'tive* an annual amount ef loan* and li'count* of no In** than $-4,944,000,000. By the last - on*u* ofthe United States, the amount of capital inve*ted n tho United Statu* in various branches of indmtry i* ibout $000,000,000. Now, there oro few mcu whose, debt* uid credit* In the course of the year do not exceed four >r five time* the amount of their capital, and these all pass hrough the hand* o f the Banlu." The United State* Bank waa considered a commercial nstitution par exetllr.net. It wa* the great regulator, without which, it* debtors considered tho world would :ometoanend. When that concern stopped, it* dla ount* were $40,340,079 out of $09,000,000 of asset*. Tho est were all investment* in real estate, stocks, kc. Now, iccording to the Courier, the mercantile facilities should lavebeen $171,900,000 per annum. This is the theory. ?Vhot are the facts 7 The investigating committee stated, hat of the $20,000,000, $9,000,000 were active, and fit 1,000,000 suspended On the condition of these accounts, he committee remark :?"In regard to thesa two lines, berclore,the rommittee will content themselves with re narking, that hul a small proportion consist* of regul* itreantile discount*." Here, then, out ol asiets ol $09,000,000, which, accord. *