jwure (i c::.i l.y Tr?t.. - i, . eoniract a!- X?-tamJ dcbt,ewt4 K,UnI J:..nk, end give W t,,e irf l" revenue, to C-Uen, pculute and pander ep. " , h it Mtatnee IbatfccwT awhoere overwbclm- with etrt"gnt dell, e'.-j-.U favor thi scheme of diatributioB. They owat be taxod w it ia, to pay their owa Stat dcUa, and ei!J willingly hare tbo proceed ad the publieeiwle 10 disctwge them with ; thjs distri bution, would be theaaroe thittf? to them as an inwiwp 60a oT their (tubu by theGwwral Government. Take tbf Westera Statee for instance and eoma of the North thev mt their dehu with tlie proceede of the puh- Ji land', Juf.aiency w mide in the United State ""Treasury by the distribution of then proceed, money it wanted ft tha expenditure of Government, and this mum has b be raised by taxation, the Tariff taxe .M inrretsed arain, and tha South baa to my them. furnish lha revenue. So that, in the end, the dia (tibotion of the proceeda of tha public domain, ia notu- I ing mora nor leva than taxing the Booth to pay the Stat debt. Thie ia tha Federal policy. Tha Bute ""3f North Carolina owe no debt, bat if thia Federal achama previiln, aba might a wall be aa deep inae Moia of tha other, ainca her peopla wCJ taxed any- how.' . v Tha relc" of Federal iam ia drawiar sigh; let tha South prepare for now, burdens, She baa (hen her teak ia tha yoke, and will boon have it to bear. , . TirE UNIVERSITYOF WORTH CAROLINA. From a apecial meaaag of Gor. Dudley to tha Le eislature in reply to a eajl for information concerning tha condition of tha University,- we make tha following extracts, our apnea Pol allowing as insertion of the whole:, . " Tb endowment of tha Univrralty consist, at the " present line, of about nina bnndred acre ofJand, near ly surrounding the village of CbapW Hill, including tha grounda on which tha College Edifice and tha feat dencea of tha Faculty era aitualed. . v The College buildings are Bra ia number, conatructed of brrv, and in good repair. Tha centra (known aa tha South) building, ia three etnriee bigh, above tha basement atory, 117 feet in length, ami Blly taet in width, exciuatva of the prigtc Tha Ga and West winim are three stories high, 06 feet eevea incbea long, and forty fact one and a half iaChe WNO. ,--t--w waii:rr.w-sa.xitt;aci In adilitum to tha I jbrary, laboratory, Philosophical Cbanilier, the two Halle appropriated to the Liierarv Societies, and three Recitation Room, these editlc ' contain eixty:fiv dormitories, 18 feat ia length and 16 feet ia width, affording comfortable eceeminodalioua to one hundred and thirty student, , . . '. - Porsua and Gerard Hall araamaller atrnr !, de Voted to the public exercise of tha inalilula,, and to JtifHM Wor-rup, ,. . The KtawaM'a Hall ia plain framed building, pretty well miiUmI Ui toe purpuaua,lur which it waa designed. The Prnfaaaora' houaea ara atracturea of a aiinilar character, euf&cietitly neat and oua'orUbU, but neither of lhaia U a vary good auta of repair. Tha Landa and Edifice, Chemical and Philoeophicel Apparatua, M oeralogicai, and tiaotogical Cabi net a, and Libra, may be fairly ealimaled at . . l,IHaj aharaa of Stock in tha Bank of tha tftate of Morth Carolina, . Dna oa bond a, auppoaed to ba entire 115,000 00 ' 100,000 00 ly aecora, about , , 85.000 00 Aggregate, gsa),ooooo The Fanilty ia eompnaed of - 1. Tim l'reat, who ia Fneawtrof National Cnnktitutiooai law. - and 3. A frutraet of Ctietniatry, Miiiemlngy and Geobgy. L A I'rvteaaurot Matheowiicseotl-iNaiurkl 1'hilurauuy, ItftMHBf-gf Ijiub tangoage-and Liraofi I A Prulaauar of the Greek Langoage aod Literature. A rraaaaeor of Rhetoric aod Uirc 7.. A Frotfaaor of tha Frenvh Linage aod UUrature, -r';-IJ.-Taar afAaetewt' Myttgwa'-H"""1 U. A Taior of MaUMinaiKa. . '. - Tha Facvltr. aa at preaent orfaniied. conaiata of tha iaame aaaber ot indivuuala that conatituted it in 1927, ' while the lumber ot aiutlenta baa mora ihaa douUW. The-ratemal.ioatrucito jtpreint, m believed, ae. t rtheleaa, to ba verv t-mcienti and thati miicfifireater tHKeaaity exwta tor another edifice, and an mcreaa of tha library, than f ir a.Mitwa lo the ouiiwrical atrengtb Ot the academic curpa." Tha Inetitutioa waa frrat opened lor the reception of rTr - Tb'nmhTH or Uradoatce trom 173 to IIH "eabjwwabjowiadem Ihe aggregate number of," MaUfWlihrtM; irlha name time, having born more tbaa double thai number. Febhc Drbt tf ftavrate nf MtryUnJ.U appear from the Annuel Mcasaee ot the Governor of Maryland I that lha mdebledneaa of ttoTBrneamrwrtewow leiii, 1 aum of 1W0.000,-. fiflftn miii, rare AvmeVtd end forlf iis tiowsawd I That the demane en tbe Treasury for the last year were equal lo 000, siavs Awndred mi rweety-aseen Ikoufxd dof-' far, while tba receipt were 'only yttl0.9(k three ! buodred and sit Ihooaand nine hundred and five; leaving a aVjfeirar 4 Aj0O. Hit hundred and j twenty thouaaad dollara to be raisad by kwna or taxes or the ail of koeoe-pcicua aome bow or other. . Kntfkmr Spring in Wan Csaafy ThWrren ton krporter mcntione the dneovery of a Sulphur Spring aear that vilUgis on tba land of Hr. Wm. D. Jones, the water of which has been analyxed by scien tific gentlemen, and monoooced to be strongly im nrrrnalad with mineral substance, tt i mid to be in every reapect canal to the Minetal Springe in the r tnoiinuin of Virginia. The Reporter state that tha Proprietor ia improving the place ia a suitable manner inf the areeawmedatieetif visitor, end-will be prepared.. to receive a large number next sewon. Publit Deaf of tUiZtrii ani Indtane. The public debt of each of these new State, according to the Mrs geof tneir Oovernor'a, amonnts tofAirfera or oarera rafiVie of dollara, while there are large deficiencies in the Treaanriea of both We suspect these Stales will aooa ga f 4 tha assumption of State debta." Are the people ol North Carolina ready lo be taxed 10 raise money to pay off tho heavy debta of Maryland, tllinoie , and fbdiana t It thm be prepnring for the b irden J making ready to bo loided, for juxt aa surely aa the next Congre enmn thia will take place. We have been distinctly warned by the Whig party that 11 ahall be so. It the thing 1 not dona dirtcry, it will be done tntfrreeffy. In the next Congress the Federal party will have majority, and they are determined to do it - What rtf. ct will the distribution of the proceeds of the Public lends produce other than the creation of a deficiency in the Treasury, which muit of necessity be ripplicd by aa facrresed Tarijf and new Twit The people of the 8 nth will not only soon see, but they will feet to their cost, some of tbe traits of the new dynasty. OSr The " Caroin aee " is the title of neal Newapaper lately ismiod by Meitri. Blum 4 Son, in Salem. " Tbe Governor ot Tennessee he appointed A. O. P. Sicknlum ot Manry County, to take the seat in tho United 8tale Senate, vacated by tbe death of tbe Hon Frb'r UruWy. Tlie exUacta following are fiom docunmnta trana--tnilted to tha House of K. preacntativea by die Freai dcut ia aoawer to a call fur copiea of any eorrepoo- denca between tha GovcrnoMmta of tha twoeountriea,' in relation lo tha burning of tha Steamboat Caroline, in tU year 1837. , It prw, o Hie retider will perceive, out of the arreat of a man nainit Al x. Mr.Lo.1, a llritivh auhject, by the authority of tlm State ol New York, for an alleged participation in iht ouUago, within tho Timita of her Ternt'H-y. McLmkI waa apnroliended in New York lately, and committed ft trial lo anawor the charge of murdwr and arm The tone of the corrcapondence be low auundi a htte Mii.r'reiit, and the arreat of the man McU-nd, with the coitduct of th Brii'ili Government in relation lo tho aiH.tr of the Carolina, may lead to eomolhing mora eerioue than worda. It ia to ba hoped, however, torn tha bovernmenta of both couotriea will be mora mindful ot their roapeetiva inlereata than to a-itTer a Uivial affair of thia character to disturb their peaeelul re'ationa. Nothing could ba mora dimstroua . to iho prosperity of the South than, a war with Eng. - lana at una juncture. The following extract eootaina tha point of Mr. Fox, tha British l misters letter lo Mr. Foreytb : I, , WaaniaaToa, Dec 1840. v " Sit s lam informed by hm Rxcellenry the lieuten ant uovernoror ina province 01 Upper Canada, that Mr. Alexander McLeod, a Bri autjfet, and late Deputy Slieriff of the Niagara tliatrict in Upper Cana da, waa arrested at Lewiston. in the Btate of New York, on the 12tb of last month, on a pretended charge of murder and arson, as having been engaged in tha capture and destruction of tr.e piratical atjamboat M Caroline, in the month of December, 1837. After a todioua and vexatioua examiuaUoo, Mr. McLeod waa committed for trial, and ba w now unpriaouad in Lock port iaiL - - I lfl it my duty to call npua tlie Government of Uia United buteato Ufce prompt and eOectual steps for Die tarnation of Mr. McLeod. It is well known tht the destruction of the steamboat M Caroline" waa a public act of peranna in her Majesty's aerviea, obey ing the order of (heir superior authoriiiea. That act, tha ret ore, according to tha aaagea wf nation, can only tw tlie subject of limcuiwion between tha two National j Government ; it cannot jurtly be made tha ground of I "gal proceed Ir.ga in the United Htate against tha in dividual concerm d, who were bound to obey tha an tior 1 tiea appointed by their own GuvernmrnL" ' - , 1ha following 1 Mt. a reply to this demand r a ; ' DlFaTUB!rl ot Statc, WAsnimrroa, Dnc. 20, 18MI Thia demand, with the grounda upon which it ia made, bee beenduly considered by ilia President, with a aiuceie dnre W give lo it aucn 1 a reply aa will not only maiuh'st a propur regard for the character and rights of the dtaice, but at liie nine time, tend to pre- aerve the amicalile relattona which, so sdvantageoaaly for 'both, iibi.t between this ciutry and tigland. Of tlie realitv of tin di ifmiuon. and of ilie oniliirmity with wnich aha been'l-vinred in Ilia many dolicale and d Ifiyult "quMion's" sliicb have arisen between the two countries id Iho laxt lew veer, no one eaa ba more convinced tlia.i voarealf It ia with oofeitned feirrrttiiat the Pr-i.inl,finds himself unable to fe-' engnMc the validity of a d. tnand, a compliance with . j . . I . . t wJ JLu..ru4,n. ,.i,,rh i.. hJi, hitluirii. maoU UiediMiiwMatb.iwoeiMintriea. The junadtetioa of the atveral State which const i- tute the Union as wilbin ita appropriate sphere, perfect - tv mdVoeodeol of the Federal Government. The of- t"" v:. VJ3 17. "JVwl h..,.J'x.- va ,a i. M th.r'of the lerm. w should lika to know what ia. Gov. e Nuea cUauly withia the competency of her tribunala. I- doeenot, Uterefbra, present aa occasioo where, ander the Cnnatitutioa and law of the. Union, tlie luterpoaa- um called hr would ba proper, or for which a warrant tr?" th,TWCTr w'tti-wiHch- 'ihe'redera 1 nm.u.r . wu v..w..-- to which yon have referred, or tha reesuoe you hava ux-argad. justity UMesaruouot auctoa power.jtf uexiatea,,. hundred od foUy-three Banka again ewpeaded, - rraweciwn mn w wwenine a.ewita;rwev prw" sent the eaao or a moat unjustifiable invasion, in time J , a iMBv.Ak i J ... Tuaal.iaat if Wak ITanatawal r--t r" aJs-s. ka k au. ..4 b.aJ m m Ibim i lA mA tastAMt ,",r,i "7 ""T" "" "j-v. Terriuiry of Canada, the forcible ckptore by them within mir own watera, and the subsequent , dcetrnetHMi - e eatembiVthe-pperty HUtea, and the murder or wr imee American citi - in. It arrested at the time, the ooendera might un - quetmnably have been brought to justice by the jodi - cial aatnoritieauf the H'ate within wrvwc acknowledged - Jrr ; Mt. f mrtuaTv? .taiadTn - ' -I'TI i-etad that (oma of them availed lhamselvea of the op a HKlusive, wsisiaa in 0 ecea them in tha same situalion. The President 1e!' .t 1. v..k,,. n f eed, of eeaaneer ytwrwa, which aatolea aMCttoffi-aJeTpt'; XaWinTtj ,'estiataU made 1TwrnTnttee of the 10 impunity aw me ifgai irinunaia, wnra mm.nf voluntarily withia thair independent and undoubted jiinsdictwn, because they cted m obedience to their superior authorVwa, of becauaa their acta bavo become the a.bj!ci of dmlumatM dwcusHiweiween the two Uwarninenia Thi.jnethuua.'pl.redrea tlieir Gomateent te aetwfaetmn, ere independent of iniwf-vutWVf iv ir7 vicirv isaa vaiaa aire ifiv-a-e-s vi each other, and may be aeparaUly and aimuluaeooaly puraued. 1 he avowal or joatiBcatina ot the mitrage by the nNnedi authontiaa m.abt be e ground of Corn ell on with the Government of tbe United State die. l.nct trout the violation of the Territory end law of the Sute uf .New York. The apoitcaiina or tbe fro vernmeni of ih Una to that of Great Britain, for tbe rmUew.or.aa eautonwd outrage of tbe peace, dignity, and rigiita of Hie United Stale, cannot deprive the Sute at Nw York of her undoubted right or vindica ting, throuffh the exorcise of her judicial power, tbe properly and livw of her anions. You have very pro perly regrleA the all-ged absence of Mr. McLeod trom the arena ol Urn utli-nce at the tint when it waa committed, a out matimal lo the decision of the pre sent question. ' Thie w a aattpr to be decided by kg! evidence j and tha stneere dire of the President is, Uiat it mav be Miiafaclieilv OsUblisned. If tha de " U1 dact.ily a-Ubliabed, aw) en! astja l Ika 1 awl 1 ma awaa s saaWliaw al struction of the Caroline wu a public id of persons ner msjeety-s service, obeying the order or tneir upe nor aoiuorilie, thia fact baa wot been before eorarau nicated to-the Govaewment wf the Umted eMalee by a person authoriied to make the admisawo ; and it will be for the court which baa taken cognisance of the offence with which Mr McLeod chargad, to decide upon ita validity whea legally established before it The President deehia thw to be t propef eecasion to remind ike Government of hr Britannic Majesty, that the case of Ibe "Caroline" haa been king since btouL'ht to the attention ot ber Majesty principal Secretary ot State for Foreign Affiira, who, np to this diy. haa not commnnina'ed it eVc'ision I hereon. - It ia hoped that the Internment at her Mije-ty will per ceive the imoirtaiice of no lonirer leavine tbe O ivern mnnt of the United Statea tinmforincd of ita viewa and intentions upon a sulij-ct which baa naturally produeed much e xasOi-MiKin, and wbieh baa led to such grave Conseiie'Kea, I avail myself ol tliia occasion to renew to yon the assurance of my dwtingnished coosideratkm." The New York Journal of Commerce my : Ltt lert from JVsw fh-ieaa Ik Bnk$ then wit! not reaesM specie paameaf f tkal tk MerrAaaff' Beai mill prrtrnt U." The influence of the Merchants' Bank t aaya the reader, what influence can one tonal Bank rxert to control all the other in a city like New Urloana. The secret of the matter only discloses more of wbst is so common now-a daya the villinie prc ti"d on the people of thw country under tha license and name of Btaking. Thia Merchan'a' Bank i 1 creature of iho United Siatea Bink of Pennsylvania, in Plnladiilpliia, and in ita eonduct to prevent a re aumption of ijiecie pnymonts to keep the currency in an unsteady and depreciated state, we seemoro of tbe management of Buldle'a " regulamr." It ajnot enough that hie infuavufa and rotmn ewindlifrg mactrme at 5-' '."iV.'j 1 ' )t , " ,, i J . . rew.i , ., ftrti i'.i I , 1, -a c:'. - 'i but tSiere oreat la a t 1 t ' ' 1 ia t" a t .uiiie South to do Ma dirty . ij t . 4 c ;. uj Mcr chantaCaak waaojiS u.i .a print', .lsof C.JJle'a FliiSadulpltia aonceni in l-yit t , l!...uo and other! proJooea few years uhf n t o M regulator" fig ured ao largely in the game of a, jjcw kmeod plunder. . It ia botoriooa that in lite inouicil d ttressee of New' Orleans, thia Bnk ha dona more to euibarraaa and in-' crease Ihem than all the rent together, and now again we Bod it influence exerted, 00 doubt at the bidding and for the benefit of Ha Northero masters, the wire worknr in Philadelphia, to maintain a elite of suspen sion and embarrassment in tha valley of tha Mississip pi, which mf)4 operate powerfully in obstructing tha healthful action of businiwt, to the great injury of the planting, and every other interest in tha whole South- C And all for tha purpose of propping tha bank rupt, profligate, and rotten concern at Philadelphia, on Ha leg again, that it may ba ia an apparently standing condition lo become tha aVpeaitory of tha public money, aa tlie Federal leaden intend it shall, after tlie repeal of the Sub-Treasury, nntil they can manage lo charter another National Bank. v- NAVY PENSION FUND. Ia 1837, a bill waa auinggted through Congraai at 1) o'clock, we believe, oa tha last night of lb Seerioa, which bat twept away more than a million of dollar of what ia called tha Navy Pension Fund. Thia fund waa originally act apart fur peneione to tha widowa and orphans of such seamen aa might dia from woonda re ceived in tha aerviea of the country. Tha law of 1337 ara ao cunningly contrived and worded aa to give pension to widowa and orphana of every officer, aea man, or marine who might dia wbile ia tha Navy, and it also had a retrotprxtive effect oa all who had died. The eonaeqaenca k that a man might enter today and die to-morrow, aod thus dying his widow and children were to receive ponaions from tha Government, though be had rendered no service wbatovef.JJnder this nnjost hi w,tha widows and children of sailors who bad died many year k". eme forward and drew pensions from that time to tne prerent, some a rawing, as n appearaenormooaaama, aa much aa f20 and $30,000. A Bill was before tha House of Repreevnlativeo lo repeal it, and we notice tliat the Hon. Mr. Rayner and Mr. Sunly otthia State voted against the repeal, with' what motivea, ia mora than we can divine. We were glad to see that all tha other member from North Carolina voted for the repeal of the law: even Father" William, who m ao true to. tba nod and beck of Mr. Adam, en thia occasion, went againat bira. Jkfr. SVpard of North aroliaa bronght forward the proposition 10 reseat, ana supported k m a very a Die and eoncloaiva apeech. lie eertaJnly aeservea much credit for thia effort againat the plundering scheme at tha coon-akin Reformer " of Maasachoeatta. The maaauie ha not yet ped the Senate, though ' 10 " noV n w,t . . LOSSES OF THE PEOPLE BY TI1E BANKS. ' I below, from the late Message of Gov. , Ufliwm, of Ohio, given a brief and startling statement of the tmtneawe losses usuioed by tha aeoplp of thia ; couatry Irma tha bsaotiful cfaratioa of the plundering h.l mtmkaA I tha kst law mn Ifaoobcowdact is not swindling in the bro.de aenea Shannon, aay : - " , , Mt.f 1 wh. wi,, wneced apacia ..... tK.ir .ir.kiinn wm sMimalH at about ana . Ll, tlj ftny milliona. Their paper no bnreveow- - vnna - ;nu jga ater(t of ten per cent maiing a aaaa ma 10 tne pen- ; 8uta ot fifteen million. In lBM-d, bavin, t eirculatioo aatimatad at about screnty Bntltonx 'their circulation depreciated on aa average of . . r a a at Jottt leo per cnt. fiMKiDf NTen muiionior km . S- . . . . . . .1 thrown en tha community, inoa, m a iittia more loaa , ,wo .Mri w, lwo tanMiriom of epeeia paymenta bj 0fltlng on tha people of the country twenty two milliona by reason of .y, Je-atio, of their paper atrenlation. Tbii lorn , 6k M ne n degree, wboaa 1 inc,otioo , improper act produced il, but oa the note ' iv-ij. Ha far fmm iha Ranka anatainins an emaid. 'LembJa Joaa be lha. depreciatioB of their paper, it a be. lmm Keiieseotalivee of the Uaitad Btatea, ia j (who bd ci obtaining correct mfor- , n,,, the Uwe of the General Government alone, by u Umt wu thirtv-flve millkma. If wa I to , Uia Utw lo-m which the public have sustained becoming insolvent : and that occasiooed by the toUl deatrnction of their note by the variona osualtie to which a pa per currency ia ever aubiect; we wi.'l have aa amount of actuaMn aosUined bf the commnnrty through these institution which will startle the moot devoted advocate ot the preaent paper system." The Hon. J Letd Kerr baa been elected by the Legislature of Maryland, United State Senator, to fill tbe vacancy occasioned by tha death of Dr. Spence. It ie etited that, tbe Hon. Andrew Stevenson, our Minister to England, baa requested to be recalled; if he ia ao, be will return to thie country about March. The Canada Patriot " are mid to be again organ ixing for resistance at various points on the British hvf FwiOicr . W have bad for some time peat, shoot two weeka aow","a eoecearoa of very heavy nine; the eonafr. laenee baa been a failure ot the mails (Von every quar ter: no Northern papers ainea Sunday, and, of course, we ere onin formed concerning the doioge ot Congress at any late dale. Tlie Legislature adjourned en Tuesday Wat. Omen or Tata RaTcir.rrAK, 1 Savannah, Jan. 1, 1841. IMPORTANT NEWS FROM FLORIDA. It ia with much gratification wa lay before our reader! the detail of ne we just received from Flo rida, by an Officer of the Army arrived in town Ibia morning. From sixty to seventy Indian warrior hava come in to the different posts with their rifles, which they have surrendered, thu m mi feat ing a willingneee 00 their part loVlosa lha war. Il in pertinent to observe, that ainea ita commencement each a thing baa not happened. Thie fact, in connection with the report brought by those who have surrendered, that . many of their brethren are a boot to follow tknir example, aflorde a etron ground nf hope that the war mar aoon ba terminated. :' ' At Fort Fanning, eleven jrbrriore eama In on Chrietma day. At Tampa, fifteen warrior came in on the aarne day. Seven, of them came to Fort King in quest of Gen. A rmiateod. Tbey afterwarda left that poet lo aeek him at Tampa Bay. At Ce dar Key, eithor seven or seventeen warriora sur rendered themselves our informant done not re collect which. Several othera (number not known) came in at No, 4, a rwl between Cedar Keji bud f!,t' .Hill !t xn' ' - ,' r.mit it, lo" 3 f .! 1 it.. ' i- a .T. ti.ra a!l rarr.e in at tl.e :.."..iXi,t r., ,'a i:l.ill fv. 1 1 !iaa nf enrh nlher. I It ia ai-rnost J that tha presence of tho o !-V.lon j from Arkaiwa ha contributed lo produce this:tr tl thing. Borne of the delegation are with the Ommandinpr (lenrral, and ami with tho enemy. The comooae at preaeul a very wtalt tribe in the Wert, and are artxioua to atrengthen themaolvea by the addition of those) remaining io Jr kiruia. 1 1 tie white Aug waa flying at ail tha military post where thia information had twen received, Ma Faurttleroy, wlnlo on a acont C 201 ulL, captured eeeo Indiana about aoven iiti'cs from Tampa. ,,,,, ..ll.v.,; . Un Tueeday hut, (2Ut h ull.,1 two baggage waunv belonging to tha Qr. Maater'a Department, wer temporarily aaised by three Indiana, near rilaiaa, one of tha teamstera having been billed. Major Riley, Lieut. McKinstry, and Lrfeot. f oota came upon them while they were rifling tha baggage, when the Indiana made good their recaps, carrying with them aonio Manbote and ft few unimportant article of baggage. "That bad taken Lieut. Fool's trunk into tha woods, but were unable to open it P. ?. Since writing the above, we hava received letter from our Florida eorreapondcul which coti firma what wo bare just atated. A P 8. to tha letter add the following 1 " The Expreea aay 70 Iodmoa nave coroe 10 at root raaaa. ; , , St.. AvovtTiHi, Dee. 25. adidnev Aa alarm . wa given that Iodiane were at tha planUtion of (JoU Uanauo, on oocay last 8everal of tba eititen and volunteer, aa well aa a detachment of 8d artillery under Lt. Bragg, prompt ly repaired to the place. It eeema that an InJian neera annroacbed one of the nesroea who wa mlberinc cane, and made enquirie aa to the force at the bouse, tha number of guns, and if tha owner waa preaent. The follow retreated 16 the awamp, running ka the rear of the plantation. Tbia occur reoce developed mire prompt activity than we hava aeuatly acen and it a fiord u pleaaura to apeak of lb actrvitv of Lieut. Sloan and Wilaon of the Mannea. wiih detail froca the United St a tea echooner Flirt. aa well aa toe officer of that veeaal, wilb other gentlemen of the eervice, and eiliara 00 that oceaatoaw (4uick move meat lute tne aoove with the eama teal, will go far towarda inttmida tint tba enemy. At night detachment of voluo teere moved ofi 8outh, in bopeeof eottins 08 their retreat, but no mma were discovered. iV. Tk Ntw Truet. There is a report in town that Geo. Arrowtaad ia authoriied lo make a peace with the Indiana, allowing them poaeaaeioa of all the eountrr South of Mosquito, but we would not do lieve a thing aodieeredilable to Government, though wo had it from the highest authority in riorum. With the Seminolee there eaa ba no peaces Tber moat ba either removed or exterminated. There ia too much Mood on the path now, for any one to admit that it waa only man enagged hi foot." No treaty could etand aismontne with eat being broke by the whiiee, if not by the In diana. - . " ' V balim there ie no impeetibility in getting tba Indiana out of Florida, whenever lha bueineee ie set about tha right way. HertU. FROM ST. AUGUSTINE. By tha echooner Stephen 4e Frmvcu, Capt. Ma gee, arrived oa Saturday, we received the Herald of tha slat vlu from which we copy tbe following ST. AUGUSTINE, Dee. 8L Forty Indiana Ceaored-"-Tra Itdian hmnred. Capt. Thompson of tba Walter M., arrived thia morning from Key Biscayua, bringe a verbal re- cjtMLjCe lha Everglade with ninety men, aucceeded to dis covering tba towa of We-ki-kak, where be captured 29 women and children, aod one warrior, and billed or banged ton warriora, (tbey were perbape abet in the attack.! Wa hope, however, that they were banged, after . being caught alive, for," belonging to the gang which committed the maaaacrea at Carloaaabatcnie, aod Indian Key, they deserved neither mercy, judge, or jury nothing but aa executioner and tba people of Florida baf long deplored the un. ' frequency 'of aucb mlutare retributive azamptea. Jf theee Indiana were banged, their people will nee -j-j jjgjjj 'eirneiC How mucb'bfoodinlgbl have been saved bad 10 Indian been" banged fiva yea ra ago I Wa gave tba gallant Colonel our good wiahea when ba went down, and are rejoiced to eee them .fulfilled. S , . ; The party ftfdrjn Captain Davidaon, who ia, wo ara sorry to aay, daxigerouilv ill, at Indiaa Key. Another eipedi-' lion it preparing. Official report may ba expected to-morrow by tba Wm. Gaston. - - - r . Wa aeid a few daya ago that tba doal ruction ol one Indian waa of mora importance than tha taking of Bey root. What, then, must be our rejoicing ben 40 are captured. Our market ia illuminated to-night tho big gun ia out tbe band ia playing cheerily, aod tba peopla ara ahoating for joy. Col. Harney, we ara told, went m at tbe Miami, and came out near Capo Sable. If ao, he mint have foot where no white man haa proceeded, and discovered a singular and important water comma, nicaiioa acroae lha South of tha Petuneute, UR. CLAY'S POLICY. The Bank System, and the Land Distribution or .JSute Debt .Apaomptioa Byatam,' and lha Prolec live 8ytem, ara ia active preparation, and ara be-: Wm,H im,OAiat:sUSIU,U ginning te be urged even he'ore tba Inauguration of lha Preeidont of tba Federaliala. Tba M Ban. ner Bute" ia active ia punning them ; but they have found a wordy tmpnoent ra the Hon. - Robert Wicklifle, Senator from Mr. Clay 'a District. Thie geutleman, though a Hirrtaon man, will not ewal low Mr. Claya Ha fbreece their die. ant roue resulta lo Kentucky beraelf. Re deniea -that the-Bank aueoiion "ia teHied.- He save if that question ia forced upon thie Congress, it must force Harrison to eelect a Bank Cabinet. He con . tenda that a National Bank and State Banke can not co exist ' Ho believe tha former eonatituiioii. al, and if a proper charter could ba eeeurad for it, ia willing to eaa the State Banke aunk 1 but ba are ganger ahead. - Ha believee that if tho Kentucky Banka ware all paying epecie, tba certain prospect of a National Bank would atop them to nxty daya, Ra objeen to political Binka feara tha Rank ' proposed would be 00. . If tha Government takee atock in it, 8rata Gotraranianf, State Righla and ' Liberty are gone . .- Tha credit of Kentucky rauat aufter by a great t Rank being cbartered. He advieed tba Legialature ' to. mind their own. bualnasi maintain tba nuolie faith of Jtantueky, fy her debta, and eet at oncaf about the taxation which, ta inevitable. , Such'a Bank r would bear withia it the eeede ot ita own diswiratioejlhiVcajld fMosa ruinous flue-., tuitions. Tad old Bink waa a political conrtec lion between Governmenta and individual. ' The Bank waa' t6 take care of tbe interest of its rfilera. It w.iuld drain Keo'trctiy rf apecle to fjay foreign i . i . ? I ; i 1 1 M 1.1 ij t IU Wi 1 it Jijr ft i f..f l!,cm ,em '. ... . . . 11 I .;, rt . ... cj f r a" Cdi.k. nol p! It eiM.tr or them had 1 i v ior mt 11 a j.iiiututtuq inn uuuer oim uwioii , hey could not hnve loutktJ bottom in Virginii 8 aith Carolina, North Carolina, or Geortria. John Tyler could not poaaibiy give hiaaid to such a ma sure, Iltrrieon he dUred waa ortpoeed to a Na liooal Bank in many trsMentiala. If Harrison went for such a Resolution, Harriaoa would to perjured.' Kentucky waa-emWrd from bwrow ing, wheu ahe ought to have been toxin;. Ilwaaaj wave more popular to borrow. Let Kentucky. aave bar credit, clieriah Ihose of her own Banka which have dona well, and not lay h rdL'lf at tha - foot of an iaaiitufiort, tba( wi3 Coace her out of t3 Mr VV. omulied-rba ftrrjtidice againat rxaiUt Caroliod, and y indicated her from the a-pertionj f the membw frwrn 4ouiviie. tie eonieetM ee could rv4 anawer bl queJwiu Wberei ehalt ww get a aound currency J" ' V eould be proved by he anoale, that Kentucky bad turned all eurte of at- . W ' ft a, a I tilitdea, and gone now for nui.-ucaii. now wr nmeolidaiion -in abort, tor all aod got doctrine. Had aha not voted for Tvlen Aoti Jwoh m no licy and principle! for Harrison, jaol re $xplicit, but of the aarne opinion. He bad leafed, that while there M lA ee fellom wmU iesffoVtWrd Wait until Harrison cornea in, if you moat in' struct. He bad declared from the stump thai liar. riaoo and Tyler were Ami Bank. Now you tell them M tue f wafioaj w araieaf. lie is a tog Bunk man, aa rank ia webaier himaeli. Io tbe course of a eubarqumit apeech, Mr. W, made tclting hit at Nr. Clay, and hi Mwecbee' are aa goodea Democratic r . It w almost topeirt hkm to ear, that Mr. w. waa voted down. Tbe Clay men bad it all in their own way went with a rush for tlie principlee for which Harriaoa waa erected, and adopts tbe reso lution io favor of ft National Batik by a Banner Stute" majority. ; Keeolutioua in favor of Mr. Clay's Land Distri bution (aliaa assumption of Slate DeU) were ebm adopted. Ck arUtlo Mercury. l Li . . THE 8AUSBCRY FACTORY. Thia establishment com me need operations eoroe time ago, we reter the reader to the following enrnmewv cation for a more satisfactory description of it tbaa ww could fiirniah. T "':" : : " r- - tea Til wcama ctaeunun. Ma. Eorroai TbePnblic.dimMlea. view with deen ' interest aod much Mtiafactton, the rapid introduction Manufacturing, m he various krancbea. into tha South ern 8utea. Our people now bertn to eee that we should not de pend oa Europe ead the Northern State tor a supply of Cotton Yarn, and such fabrics aa we eaa aa well or setter manufacture ouraelraa. Tbe two principal requiaitee in maoufactarini cotton. labor and mslsnal, eaa be procured at the Sou'li on mocB more favorable terma, ihaa at tbe north, if tbe Sooth will endertake maautacturiug with a proper d. gree 01 energy, we shall soon beuomc tbe aucoettrul eompetitoa of ear Nortbem breUrea. Permit me, throngb lb medium of your paper, tncaQ tbe attention at the public to the eo-ration ol tlie Silts bury Maaufaetarmg Company. Their Factory m at aated ia a beautiful Oak Grove, in the Hmi'iwurf-in Crt ol tbe Town. It ie liandanvne,ubataiitial brM k ildief, of four atoriea, including aa attic-abunt lit! by 45 feat, aad a vestibule in front. It frmnwt all the convenience aeeeaaary for manutVctoring sjcceaftullr. TaerGeaway-aaiveelae erected a ewoboc ot pretty -brickeottogee for lb o)rtive, whuh, when their plan io, oompWted, will form a hollow square, ia tbe weairooi wnica ataaea me rseiory.- "Tbe-8t-aai Engiaet to-toimwret;swii&" cored et the Allaire Worka,New York City, h 11 a pe.-fecl piece of mechanism placed in a handsome, sob etantial atone foundation r k operate admirably. Tbe arnngenient of the Engine room, for ponrenwico, beaut v, aod durability, k not aurpeased by that of any eatablwhatenl with which we are acquainted. x "The SphMrtg Machinery which the Company ha -i u y wocured. waa porchaerd of the Matt wan Com pany. Fishkill, N. Y. - It i now in Ncceerful opertion.L Tbe Yarn produced i inferior to none, in beauty, em, formity and strength, "Jjrtht ieour-t $ E ftff Wfk;tWTrmpanr deejga -giving the brder for the macbinery requirwd to cow- Pf??; &labwhmenW.Tbi. tbi. tompanj and U othera wbicb aid in rendering the South iodVpendent, ma awn wiui autiiaa, u uro arorm wisn or ; A FRIEND TO ENTERTRISC. True If aoroe of our youtba knew , how hard Uj? J?lf i"f .!. halareealled "the learned prfeinMno,Miriey wouldo'l uiake such a riivh Id gel into them. The thmrsand of half-carved law. yera and doctor in every part wf tbe Una" onSbt to eerve aa a cautino to thoae parenta who think their youngctera too good tor wwchaoica and Uiinrt. Tit Benrp ef Adrertitinf. A merchant late ly advertiaed. M A by wanted." Next mom ing he found a band-boa at hie door, with tbe in eeription How will tku one anawer?' On open ing it, ba round a cliubbt specimen of what ho termed, warmly done up iu flannel I laooik out rou cu. A LL those indebted to Ibe Subscriber, either by Note or book sccouot, are hereby reiueted to awwtw forwwrdend adajab etBthoaraWewelJUfV on or before tha 15ih of February, aa 1 am deter.' owned, after that day, ta aek Wither friend wor foe" for the needful. Thoae failing lo pay by that lima will have to eettle with R. W. Long, Suenfl. JEREMIAH M. BROWN. 8nl,ebary, N,C January 14.184U5t Swiff's 8ac. TTJILL be eold for cash at lha Court bourn, in ' " thy Iowa of Sali-bory, oa Monday tba first day nf February oexTTVmg The" Krai day nf Row ao County' Court, the following Trarla of LamJt O 10 Acreft now occupied by David Wave, lying on the 8nuth o of the' j. road leading from Saliehur to Brmgle's Ferry, arlj-nning Ihe landa of P. Owena, Union Church, and uthe-a; on which, there are Vkn a- . atW at . SS aa. 1 ntiTc ejoniioriiiDie ifrrii- aa !, niackamilh fchop, ad t? Oat llonscs. Alan, 40 Arrra lymg 00 the North side of said road, adjoining tha above, airbject to Mr. Wuw'a dower, levied on aa the properly of C Bring U and D. to ie. to aatiafy two Ft. f aa. in my. handa, tme iu favor of J. IK Graham, and ibe other iu favor of D. A. Davia. Cashier o( tha Bank of Cape Fear, at Salisbury. . K. w. LONG, Sh if. Janoarj 48, 18tl. AlaOwVill be sold on the same day for cash. the, valuable Plantation no which Cbarlee Wise now livca, containing 150 Acrea, more or lew. TAo&Y or ae Here, t t a dt''

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