ri r vri7M rrs " IIALEIGn, II. 0. THURSDAY, r.IAitCII 27, . M S '.. 'or i. M M - Iff Art fo"" JJ .AortA Carolina State Gazelle, ,jrrrw wii? W. LAWRENCE & LEMAY. epiwarmsw, three dollari per annum one W in ailvaiioe." Subaeribert ta wAtrSw cnnot "We allowed to rcmaia ia wreert Jonf er taaa one rear, aid peraont recent whbtwl U" State, ho may deaire to fceeoine aubaeribcra, ? will btne(iy reairca w.pay """ " t. boob f tb yar'i wbaeru,tion In acNanee. -;, '", not e ding fifteen line., - faaertad three thnee for ooe dollar, and t Lsttiki to (he Edimra matt be pott-paid. : i)EB ATEJN TIIE SENATE." (T-hve arm, iot racn . The Senate having, on motion of Mi. Mangum, resumed the consid eration of a memorial presented by liim, Wine day ago, from a number of citizens of Burke county, North Carolina,, mnoiistrating against the measure of .the removal of the Public Deposites from the Bank of , the United States Mr. Mangum rose, and said, that " ho had," upon at former occasion j moved to lay this memorial and rtS- , 4utims,yin the;.tab toKfoahk tlto Senator from Pennsylvania to proceed in the debate upon the principal , question. Remarks hay- - ing been made by seTcral gentlemen, hicfiLbiar judgmentf'rcutre a wW'iirfiiwr aubject - with. tfte-iie"ef resuming the consideration of it, at ar early - period as toe sute ot- tlic business and the Convenience of the Senate would alio. No earlier occasion bavine offered, he w. ild no proceed to bestow .thal&fl' notice on the subject, which the re marks of gentlemen seemed neces sarily ta suffsrest.- The resolutions ameJojilurux nmpretendigv that he-had :not-x-"perted "they would recti ve r more Ibari a passing notice, 'thy had, how ever, elicited much debate, Aiid had been assailed on various grounds; and esiiecially that they had cmanat- : vindicatedr" Bot" conceived,7 bjra disappointed ' political ' character. Something was aaidlof pt -house pjliticians," and .miscrab!c peti tions.: Mr. Mangura said he had 6tated, npoa the presentation of the resolutions, that they had been a- Uopted; aa bei had: beca :iufofmed; ' without distinctien of party, and that they might be regarded as embody ing the sentiments ot a large majori ty of tbe intelligent and substantial freemen of that fine and prosperous region of North Carolina, lie had, bince that statement was made, avail ed himself sedulously of all the means of information within his reach, and he had; seen letters that morning; and the result had been to add strength to his 'first impres sions, in reference to the state of pub lic sentiment in the mountain re gion of North Carolina, and to ena ble hiin to state,' with confidence, iiiiatAiiii!r..eiiiment-.p.erYaueu large majority of the entire State. The resolutiousdid not, therefore, lu his opiuion, emanate from parti san feeling, and party prejudice, but were the result of a strong sentic of the general inconvenience, not to say distress, brought upon that nor-, -tmttf therountry by the usurpation . and abnse jff ppwef on tuc part of ihe Executive. " Mr. M. aaid hfa information de. ieived bin! awHt grosslyy if, thi imgh wit tlie whole Sttc of North Caro opposition to the Administration up on the fleposite . nuestioili, is. not wholly unparalleled upon any other great question emanating from, an Executive or their own choice. . ' The remark in reference to a sup posed disappointed political charac terrh could not tnisundcrstandrand Iyait - compelled to regard it as ex ceedingly tmjutt, and still more onr Kind. Ho understood it to refer to R his' honorable ahd most excellent B mm m iiciiu, inr, varsona. h uuciii- her of the other House. He had hoped that his friend was so well known here, and so- trnljupprcciat.- Bd. that nnl lianit tiinntit ha fiiinii! tn Utm a aafti unkindly at lain. ; It is true, fha remark was nrrnmnanied WilhUie admission that lie was an honorable man, well , enUtled to all 'respect, but yet it sounded in his jears as harsh and unkind. Mr. M. om no uaq anown Mr. uarson long and intimately, arjd he believed th estimate he had formed of im, was held in common by all whir knew hirathat a man of higher honor, purer ' principles, and a warmer lieart, perhaps, docs not live, and of 'whom It may b said, truly aiitHm ,5'baUcalIyalbathe is Afwitlwut-fcar, ind without reproach.' That hi! fholly incapable of assailine this prany other; AdmbtftraUon, for acts that his sound judgment does nut disapprove. If there be any ground for the lmputatbnthat UftsflresoTuifons""- emanated from mere partisan efforts, we hall pro bably have evidence oT it iiii another branch nf Congress. Lrttcfore we make too certain of it, see what will be the vote of the member re presenting that district, v Mr. M. said he knew that honora ble member well; he knew him lo be a warmly attached friend to -the Administration, and- that he would regret the adoption by it of any line of policy, from w hich a sense of duty ffufj 'Trttnpct' bun to depart, lhat lie was well acquainted "with the sentiments of his district, and would truly repre sent them, did not admit of question. Mr. M. said, he knew the honortblj member by his firmness of purpose; and the sterling character of his virtues was equal to any exigency, to the performance of every duty. We shall see what his course will be, and iff am not greatly mistaken, said Mr. M. it will fully vindicate air that I have said- p tbi$ subject. So firm, said Mr. M. is my belief, that the state of publie sentiment in the western part of North Carolina is as"I have represented itrthafl do not believe-a tittle of nflictiMg -testimony "caii lie'-ini'bduced from a ly impartial. I know, sir, that if JJ.'.ose W' hoji ve andniake profit by the offices, the contracts or, the bounties of the Government, you may get any sort of testimony. those whose "name is legion," to defend any and every act of this or any other administration. It is at Itead quarters - as 5 "a"-Tiarf 'oTilieir- d aty. '1'hose- tcnsr-aTKMi u ml reds TjT thousanda of duJlarSj jii Jhe shape of etfl to mail scon face and blacken the blue book, and that have contributed to cripple the whole nost office rstablishaietit so! as neany to pui it tm ine -parrs ii, would be a rich equivalent for a good word or good service in a mo ment of need. It is not to those who live by Government pay, that I look for public sentiment; rain or shine. they "get their jpylmT the harder the timer, the mure they buy for their money. It is to tlio people, the real people; not oUice holders or contractors; but to the people, who have nothing to ask from the Gov. eminent but justice and moderation and a wise economy, that I look for the public sentiment. 1 do not mean, said Mr. M. to convey the idea, that there is no party in North Carolina, that supports ith zeal and anxiety, the w bole course of the Administra tion in reference to the deposites. 1 know full well there is such a party; small I believe it to be; but by force of a severe drill and exact discipline, it will be felt in all its evjdutioog.au despised. A party animated by principle of ambition, as active and almost as dangerous as poison, with its eye steadily fixed upon the eleva tion of the Executive favorite, and its. heart upon the. loaves aud fishes, and Cesh pots, and all those good things, that Jcimie lIu the trainof iHwr. - That party defends the iolcnt aud law less-seizure of the de posites, as it will continue to defend .e.veryflCtuf.tha..AdmiuiBU!atmntt long as there la ft ; fair prospHrt' that :lt'Wit':ldet4 umpli the storm of the public indig nation. 4-- ;' Nor do I mean to say that there are not others, out of the pule of this party, honest aud hoiiorabbe men, who support this measure I know that . there are some .iuQuenceuby laiwtg prejidkeaga'Htst theBftHkr or strong attachment to the Chief Magistrate, w ho are as incredulous of merit, ou the part of the former, as they are slow to admit error, on the part of the latter. But, sir, if 1 du not mistake the signs of the times, this party, active,- iudefatiga- bleT and concentrated, as it i; .(His- taincd, as it is,' by the countenance and patronage of the Federal Gov ernment, will be beaten and over- helmed FylTiaTgfea undisciplined corps of militia, the free and sover eign iteople... Sir, we are unaccus tomed to that political discipline by which, in other States, whole com munities change, front at .the word of command, . w ith the ' celerity and precision that a battalion -tnay be wheeled in the open field. We are mere militia; we refuse the drill, aud hold in contempt the political tacti. dan. ! e have no ccutrni acency which k tndl y takes from- thct- aboul. den of the people 1he" burthens of self-government' ." We have no junto of patriots who kindly assume the toils of Government for the paltry equivalent of the people's money 'ouly.,.We,. recogtiraeno oM ganizations, unknown to the ! Con stitution, t(ride aud rnlejover the laws; to manufacture public opinion: Td oWer'anaTo cluT the wits of "Ois honest men; to seize upon the Gov. eriimcnt and . plunder a confiding cotfimuuitr. - Sir, w e have seen in the history of otlivr States, and great States, too, that bad men have established re gencies, self-constituted, ambitious, and unprincipled, which, by means of perfect organitation, comprehend- ship of every county, controlled public opinion, subdued all spirit of resistance, and acting in phalanx, and by concert, secured an crlr.i from every organ, even the most diminutive, to the expressed will of the central Junto. Illustrious ta lent, ripe experience, and well-tried patriotism, must fall into the ranks,! bow to the central power, and wheel at the word of command, or be proscribed by the ruthless tics cnistian bed talent and worth go for nothing. Exact discipline, and pcrfett obed icnect the only, tests f! excellence; Sir-W .regency, .welcau ..hav.jjmie5 wItl counoi live among us in power. 11 pasquinado, the sport of the wit, the. butt of the wag, and the scorn of iionebt citizens, it would ue an or- : yrr-r- - w - ww w ganizatbn withoutpower, a Gov- eriimrnt w ithout subjects a mere .caput morlHu m w ith "noQ so poor as to do it reverence." As we hav'c no man, or set of mcu, who control public opinion at will, ' bo ItbinXJuaii-w.-aiti) men, can iransier, at wilt, populari- W"To"ah6irie'r. I reerard the idea tJwt the. sufli age. of North Caiolina raa be. traisfeiTcil B ta the Executive favorite, as deeply insulting to the intelligence and independence of our citizens I know that thc-opintoms cnterf tamed, and warmly cherished, but I think it is founded in a profound misconception of the diameter of our people. They cannot, they will not,be transferred they will judge and dccldo" Tor themselves "w iselyi I trnsf; independently, I am aure. - The people of that State hadbornc much, they were less excitable than some of their more mercurial neigh bus; but there was a point beyond which the experiment now -making upon them and the country could nut be salely carried. It had been btat ed by his honorable colleague, and j doubtless from bis conviction of .its public money from the place desig truth, "that he had no doubt that ' nated by law, and to give the use of North Carolina would always sus-jit to certain affiliated Banks, that tain the -Administration; that the. must, of necessity, be more or less opinions of the people, republican controlled by a political party. In as they were, were decidedly against tlio worst period of the Uomnti cm domestic foes, as well as foreign pi re, the imperial purple was put tip enemies, and would . support the came Mr. M. to speak with modes ty in regard to- his State, but of her virtue for consistency, and a stead fast adberance to her principles, he might speak, an ho should only echo the yoke of her w hole history. lie slwuhtthcn fotil that heiijsd, assumed a weighty responsibility tn affirm of his "btstc, that she would always sup port airy"m tiun. But he should feel that he linked JiotUing iuIlaimiiig thatsUu would ha found steadily supporting with all her ; sistc rs, Jw as under t he influence of that devotion to public benefactors, which distinguished a generous and honorable people; she might occasionally err, under the in fluence of a generous enthusiasm,' r temporary- excitement;" but in. tbe iwftgHn-ijhewiHild-bemnnw-tlrc" side of those great principles that badmarked crerypcr iod of her his tory aud none niight be so bold as to count won he support; who were themselves untrue to those principles; occassional aberrations, or slight de linquencies, : she might generously overlwukj but, depend upon it, that no man, or set of men, who habitual ly disregard her principles, can safe, ly count upon her support. . - TfiaT"Stafenra(r8ur of pecuniary distress from the re. inovat of the deposites and the des truction of confidence consequent upon 'the violence and. usurpation which marked the. whole procedure, as prehaps any -wilier on the Atlantic borderrr Pei haps, ; from circuits stances peculiar to herself, she had suffered Jess than ' any other cer-j tainly niucli less that her sister States to tht Jjortli and Jiast. 'liie whola amount of th-debt4ii-that j State, fonlg and domestic, was pei. haps much smaller thaii it had for several years, and yet by reason ': ''"" .''.:t' -yr';;"..,.: '. ;r , ,,, i of t he gradual winding up of the business of all the local Banks, there bad been a 8tfrt 6Tsti'iciure,iMtay uneasiness, in money matters. The shock given to" . public con fidenre the entire uncertainty; ai to the tutu re h ad ii iiiquesVionH bly TocreasT ed that imeasincss. The 'evil nf tliat act were moving aptce, and were pervading every part of the in. tcrior, and must be felt w ith more or less severity. But the.opposition of that State, to this measure, did not arise from a feeling ol distressfor that opposition existed before the consequences of the measure were tTeJfat alTCwCli resrer npon aderp" sense oiVMlatcd law, the .startiitig pretensions of power, and the inani fost tendency to the isolation of all power in the hands of one man. He regarded it-an highly houorabln to his Siatc,.lhat she was moved, not by mercenary considerations, but by n feeling of justice, .and her love and veneration for the Constitution "and the laws. North Carolina was em phatically a law loving and law abiding State. - Not the worshipper ofidols aiul he i; U 1 v:Mtf if; -jwjj w-; but as firm to ''V'esisi'surpatins Vn the part juf power, as ready to yield obedience ta.. rightful authority.-; .: Nothing (sapl. Mr. M. ) indiratrs more cjearly. the unsoundness of the,, times than the true character of this eous matter of the mystification of lans and remove the rubbish jj, - - . - .... . . . t.. -'' n. . w inai encumuers it anu -ua wiioie jdepTJsitc question is a contest for the use of the public money for purposes of gain to niake.lntercst nut of jti. lt is a contest Tor tue use or it ajler it llcaves the pockets of the People and before it is disbursed in, the public Goteriinicut-ias any ngiu to lane money jroni juc pockets l the I'eoiile, before it is needed,, to lend, cither to par.litan Jlaukaor.poli.UcaC p.aiUaisTiu!, law places this money iif the United states Bank, mainly fur self keep. inwi anil lase n anln nrtil nnov ffiana.u ' ..... . 5TOg!muT niui I'M n nniy omi VII-1 X... .11 .JJg it country w here it is needed for the public service. The great'object is safety. Neither the President, nor the President and Congress together, have the shadow of right to raise ffioneyiiy taxing tlicPeoplea lend eit her -to Ins -or -t hei r- friends; nor have tliey any right to use money, after it i raised, lor their benefit r the benefit of their friends, either for pecuniary or political speculation either to nuke fortunes or to make Presidents. And, yet, no one can shut his eyes to the faeft-thatnthe whole struggle here, is to take the at auction by the pifctoriau guards. time in this coutnry when trained political cohorts shall Scizu upin da public moneys to open the way. to the Presidency by corruption; w heir thr patronage of the Government shall be . combined with the Pciqdo'a inou. WjM IiiS A,,l- i'uwc- a.u lixccuti . favorite. J""""'" I slialf decline, said Mr.'M. go tng liilo Itie i argiihient ujm)ii tlie tle posite question. The argument has lbucnextiaustcd,. aud the..wtexts: i do"nof juanulra bWiiiterUCJn iny opinion; and such, I do 1 not doubt, will be the opinion of the country. '.'.., . It has been said by the Senator 1Jt'iitt!TJ,li '.) and repeated by my hunorablotolleagiie. that-Trgrcat rffoiTts iuktiig t put out of power particular men, aud, wittithem; to ptitotitor puf tti'iwii the piincipSes- of - this- Administration, and to bring others into jMiwer wiih opposito'oi' different priuriples. 1 can' assure both 'grhtte'mculMiat my views haV'e not taken so wide a scojreU M y-objee in '-to-chci-ki i f possible, . bold and lawless usurpa tion, and to avert from tlto Country the evils consequent upon it lo r rest thaFdcep itiid .wlde-8irreardis-; tress so painfully experienced in borne quarters, and so fearfully hiilicijiat- ed in all. v - . . . . What motive; asked Mr. M., can any gentleman , have, especially from his State, to throw biniKelf into (he ranks ofopHwitfoii to "this; Admin istratioii? ; Tlii Administration ' is now in its second term, and it must jlive out t ho time for which it is elett- eu a longer continuance of it under the present CiucCMagistrate is not contemplated by any one. What been-motive, then, can one have, causc- lessly and, r . ;, ' unic8sunurr the influence ofa ntern necessity -to place h itself itt'Ufti-Prtivi-N motive can be assigned. On the contrary, "evcrv conmderation f prudeiire, of personal advancement, w"t.r- frr-rrtrrr ri,"-rr"r:--' or iiitimunai eitp. conspire in rcroin "incTj d tli a t he sllottiTli akMtie "tltrcc? tin of the times, and fliat genily dovvn upon the 'current, of the I're- sidrnt3""Hiptilarity. In the- State from which be came, that pcpnlari ty -was known to hae been great. It was a confitlciu'O givrn. t. him suddenly,,- butvwJunfarily.if-''i e cent events have deeply alarmed, nut to sav f taken, that ; cmifiJejj.ee-; jcXlfUbo;..4siv4i,i:uii'ha it may oe e MupHMtl still to leTttrmig opposition therefore,' wilt necessari ly liave to euroiiiiter ' prtstMHirciveii jtartialifTes, and to brook the mis representations and aliininies of a servile and degraded pressa press, in its:jHiiiilktio!is, . penetrating every portion of the Confederacy drilled and disciplined moved by an impulse from the centre a ready or. gau of every slander and Calumny; ami a sure echo of Executive dentin, t iations.. Does not every one see aud feel,' that, when the ulluieutrtih and blaiidiNhinents of power shall fail of their object when fealty shall not be secured by tiatte ryi rr watilrorTlie'htipa of reward that thcTfiars o lie man are sotiHit to be acted on by Li&...iu?t-iii.iwtll iil.-j,.dLr-AuiLi..lLi lxJ. Does not everv tin's sec that iiitle pendeiice and manliness are not the vTTtues icqtim'ti? 'I'ha't Hriuui ismoii to. the dii! is cxacteil? That he nitist go the whole liMigihln'dv'anC iug tliat great primary- bjcct ttf ;the managers the thclioii of the suc cessor, J lie Executive favorite or make up his minil to meet the denim ciatwii f -th 4.r.iial -4rgM-in- i his MMmt malMirir,.aIbejr-warewAy. :th"at portion of tlie press, which, yet,.has, jicvcr faJU'icd iu ,defcndiug aul.41iUJacla til iw cix .imWmmk: Sirr it is not a light matter lo take a position here against tlie wets of I 1 . T a . - . . .' I f I. A . aaa.eaaasttK:-a4. - li.t.Mfltrafat - MTITI TTiuittti Trc-TT'tTT T TT T W"' T7 -tl1c aeposues, which the friends i,f timidity of public servants, ton often permit the outrages or power to pass without rcbukiy -rather than incur the known penalties Lof , resisting them. : t. '' - ,";""( ;;'.' :,;;: rStf,-tlinusands-nnd tens-rnf-lhou. sandsofur honest and industrious citizens are In u state of profound ignorance tit the enormous, i lie mon strous abuses anil corrupt!. uis of this Government. They live too far from it, I hate feared, to guard it effectually against abuse. The ptib lie eye is iiotsuilicleuly turned upon it, except for its f.t ors and its pal mil age. The guardianship in defec t i e is i cvt ai nly i nt Hi cient. ?s.Th a t inau w ho shnnld unde t:ie to !is( lose to the public eye the enormous abuses of the pnwut lint', 'wiiuld bedeiiouu- ced at u calumniator, listened to with utter incredulity, or regarded as a mere visionary. Hw many of .my : rftmiTfHcuT5Tttrep act, he. uiifrjit could he ni.ido tii see, an clcaily I tiiitiK a rn-vt n iiini uirt public veal, tlio great ioU-rests--of t he -rwi Hti'f . are held" by thoke w ho pi aci icail v control t lie Government, wholly subordiuatc. tu tio-tVHtioi f the favorite to the-I,rrsidnipv?irr,w inanyAVQiiM belicvv uniler hU i iiiT. inini-aration o tlivir own dunce, that those wliw in fact manage the sybteui, rtgarti lite gratification or tlio Htisbi ti4MWf oniwHf as w iJi-lliti.pi eo .f .liO . gt-Mate tiviVllhwMHHtryV I-detlamll ai my solerfin conviction, that aucti is .the fact. -: -..: v-'.-:,'. Sir, if the w hole conntry conld look into Ihis'stiipendoiis Ubiriitory, it h MthcJfeu mili! iiarHf fmi prehi'tid at rt j 4 ijeiillmi-axaplh.-ttd- spriugHof action, how much of stlfish ambition, how littli of patriotism how mmliof u7er?trii iatioiiandseito and for whose iiiteri'.sls thivG.VvVrii ment is Controlled it might, bring an awful tlay of reckoning those whose hearts are now; hardened a gainst t Iter tlistrtwsrs- .H hr pertptf-; But, rir, -the country will tiot see it. Men may not prove reirtant to their trusts, brt - the wholo rxtenl if: Rbu.Ho ami corruption w ill not. cannot, be reulized. ,- The truth, the whole truth, and "nothing bu the turth, cannot be known. , r1: . But, air, if is chargrd, that , the object of the opptwition is t pot jut tho men and principles of this ad ministration. TliUt Is ?ja" aeiioUH charge, and tli'mands 'examination. To put out the princinlea of this administratioiil Tliat ought not to be done, if those piiociplrs are Bound and iunsert ati ve of -tint great iirtr ri Csta of the country. . The principles nflhis administration! 1 have lookt d, rjnot inattentively, to the course ol this administration for several years, I- bad supposed, until after the re." election of the. President,- that the ten'dency of. those principles was conservative. It is true, that I was noT entrrely sure"lhat"T" precisely riimpTcVcViuetT the views of tha men' in powrr. The South was laboring . and ainking under the tarifT system; our people - looked with eagerness to any iii'Jicatiou of rilicT, and supposed v. they saw it in the principles avowed by the administration. -It is tn liiin, howrver, that by reason of the im. . pei feftiitit f language, or from some auiaj-rgaieiL,! the vivwiiol rthe "riTSldent as Hot uu:aura'iH(l( her.MVontc system; , while in tlio South, c took jad . heart from rucouraging Intimations, and supported- with energy and zeal"'' the prtw lit Chief Magistrate, bcliev. big, as we did, that ho was with ua in feeling and print ipJc. The histo ry of subsequent times, may tell how deep were the delusions of a crtn fidingfetple, J'lie scenes of the last winter, ir I hey shall ever be truly pourtrayed-' will exhioit, in a i id rotors, the tlvtp and deliberate htt HI Ol UlC llllbllllg OOUlll. The principles of tlie administration! As far a 1 kutivr and! make the dee-- laration uriiU'r a full sense of renponsi-- bilifv. ttus administration Las tut fur.- wnw no puncipie as a jesi pnncipie. ?fSCgKlwap.je except- i,we ciplijstif elections end of office. :"Ttie administration came into power as a efrHi. dt'mit ration r- to -u t do w n abuses, Top oil" excrescences, reste.e economy, and bring bock the Govei-n -ment to abound. sitmle. and healthful aCtioiirTIfeg the country were tai iff, internal Ls- , J piovemeni, nnu economy, ana tbui . ofE cuiive jatronage. I am bold U ''"' pjoa-w-HHiHttti.. -hj lire opponents ti the late and the friends of the prcseat : 1 .1 -i. . . . it .. auministrationj, lias oecn( mieemeu. .. Ttlltt 18 n ctrflttfp fliti-tti-fif Inn Atwl f teei pr,eparea, when invited to the trial, , to rove it Ulore the country. 1 - -i a a - T " I llrt llTV I If fTtUt ft tirllli.,.lrt aa . : 1 4'-.-Sr- - II - i M a - -.-:-. w T . ' . "i 1 . . . . . tiie tiamiuisuauon were, required to support, was the principle of office. Is the fact not so? - Will any one ns3 in his place and deny it and pive the s cxeepuonr 5 1 ou nngni oe taritt or an--ti-taria', internal improvement or anti- juurnai improvement, lor or agiuiist Mionom )nk r fin (J-nt'. an1.-ni a - go6d; Jackson man, a member if the politiral Church.. in. full cominutuon, v so long as you Would vote for all iiomi.', " nations to ofiice, and support tli elec tions, of those w ho would austain all tiio ' views of the Executive in re'aticn to -office,,; Upon these great rational ques-' tions, some of which almost shook this Confederacy to its deepest foumlaiions, tlie 'friends of the adininistralum w ere' not required to hold any princi'des in common 1 hut if, upon a nomination to a land oiiice or foreign mission, or euv subortliiiate situatiu upon which th'o Executive had set his heart for the ae commmlation f- lji friend, one, bhould ' look out lor tlie flaming tword of Ex-- f ecutive vengt-ance, of prepare lor the' deep tUfiUutiatiuiis of a profligate preSHl- - '- - i - ,. -J- '--r- - - '- -L oir, ims niiininistration has had no v fixed and well defined principles, ciiou .wuibu.. u-i:n teautiy-acten upon nn 7 oftlHsa cieat subiacta- lltrf. ktrin-Hh '. lias mm1v consisted in the kerptni: t h.t iivtii m jwhtt, rimer unucn nan or thrown into the darlCi.InLft.AViituLits highest policy has been to have no eet' - tied policy, unless the keeping of qucs- keepevcr 4ingepen-tfrery' thiflj? ui- scttWdr4o-4cw3 the exigene -tntght require, either to tlie North r-4tMl,e South, to make, the most of every in- icrest, oy piayinj otl against each other the different' sections, to efiect harino- eferTtons,. h'av bm mitinl L:barc t nint conrcri in iioiiiiit hava in TTeritiiTc of the urcsent administration. That such ia-lhe'tempcr of the Chief Magi.Htrata; I ai iMit-sure. ; -But who -believes that the polity of the I'resi- deat is tlve prtvailipg; policy of the ad- ' uiinistratipn? ' Who does not ee that; a Gerlliin crn-at r,Hv. 'mul I I unit w part,'.' holds 'the President and .h'.t ' ' counsc-lsi at it were, in the pjtlms rf their handaF'Who'doesntithee" that the policy of that parly is cinineiitly ''..' that of non-committal?, that it watches ' the currents of nublic million; and cm. bail with au eye single to objects of personal ambition? that the defects of sagacity are sought to he sumdied bv afkr-thoughts, a tort of humbug, (par- v don the word, its lowncss is upon a lev el, with the policy it is intended to in- - , dicate,) by sturdy applications to tlio passions and gullibility of the public? , Sir, iu this question of the denositcs. their sagacity baa deeply failed them. To rifle the bank f tlie deoosites. un." er charges deeply affecting its tmritv. f;h bankAt'.ich js. supposeiL. to be so. . very unpopular, and by a president so stroug in.' popularity, waupoed to be the easiest thins in the world, mid 11 the deep financial w isdom of the Ex

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