The New York Herald Newspaper, August 8, 1849, Page 3

progress of these States will, sooner or later, lead to ‘@ removal of the embarrasements and difficulties under which they bave for so many years labored. It requires no intimation from any souree, that several of our Btates have been, and still are, delinquent; it i* too true, but the cause is found in the fuet that their resources were not equal to the reckless extravagance practiced during the height of their credit. We have the ‘act ro clorely attached to us, that there is no daa- ger of losing sight of it. without the periodical a! sion to it in foreign journals. The method adspted, therefore, by the organs of stock jobbers in London, to increase and revive the odium attached toa suspen- sion, is one calculated to retard, rather than accelerate, the event 50 desirable to holders of any of these depeer of indebtedness. So far as repudiation is concern- ed. and #0 far as that term will apply to the acts of the people of any State, there is but one auswer to make to she repeated allusions to, and applieation of, the eharge to Michigan aud Mississippi, which is, that the repu- diated debts will never be fully acknowledged. A com- promise may be made with those who hold the bonds of these States, illegally issued; but whatever is done in relation to them, will be placed upon that basis. and 20 ether, The fact that the bonds repudiated were issued In the face of, and in opposition to laws, passed for the express purpose of protecting the people against any bedy of speculators who may be so fortunate as to get seats in the different legislatures, cannot be denied, even by those loudest in their abuse of our institutions, and we have no idea that the people of either Michi- gan, Mississippi or Arkansas. will ever acknowledge the Miegal act of a ect of swindling speculators, and open ‘the door for the perpetration of similar acts for alltime toceme. The existing cheeks upon the movements of our legislatures, in relation to the creation of public debts, are of a salutary and wholesome eharacter, and Dy no means should be abandoned, ‘The London Times of the 13th of July, hasan article relative to the debt and finances of the State of Mis- sissippi, in reply to a statement made by Jefferson Davis, Exq., one of the Senators of that State. For the purpose of placing this matter before the public in the proper light, we annex Mr. Davis’ letter, referring ‘to the repudiated portion of the deb © Sraremenr Foanisueo ay JSesrensov Davis, Esa. Benavox ov tHe Uncrev Scares, “Phe State of Missirsippl bas no other question with Dondbolders than that of debt or no debt. When the United States Bank of Ivcuylvania purchased what are known as the Union Bank bonds, it was within the er of apy stockholder to learn that they bad been ed im dieregard of the constitution of the State, whose faith they assumed to pledge By the constitu. tion and laws of Mississippi auy creditor of the State may bring suit against the State. and test his claim as against an individual; but conscious that they have no valid elaim, they have not sought their remedy, Re- ying upon empty (because faise) denunciation, they have made it a point of bonor to show what be shown by judicial investigation. i ¢,. that there being no debt, there has been no default. The erocodile tears which have beeu shed over rained creditors at ov @ par with the ba-eless denunciations which have ped upon the State. Chore bouds were pur- ebared by # bauk then tottering to its full—purchased to violation of the charter of the bank, or fraudulently, by concealing the transaction under the name of an Audividual, ## may best suit those concerned—pur- ebased In violation of the terms of the law under which ‘the bonds were ierued and in disregard of the eonsti- tution of Mississippi, of which the law was an ‘iafrae. ain the credit of that rickety bank, the re hypothceated abroad for interest on loans whieb could not be met as they became due.”? Im answering this, the Times has started upon false premises; and, of course, arrived at fulse conclusions. Kither throngh ignorance or prejudice, it loses sight ef the fact that the law authorizing the loans was un- constitutional, and, of course, null and void. This destroys at once the argument, and establisbes an au- thority showing the illegality of the act, from which there is no app The Times places the matter in the following position :— In 1838 that State issued bonds for $5,000,000 to es- tablish the Mirsissippi Union Bank These bon were dated June, 1855. bearing § per cont interest from their date. and it was stipulated with the bank that they should not be sold under their par vali On the 16th of Avgust following. the bank sold all these bonds to the United States Bauk for $5.000.000, payable in five equal instalments in November, January, March, Moy. aud July, but without interest. ‘Tho money was punetually paid to the Mississippi Bank. and the Le- gislature 6f Mississippi, on the terms of the sale ae | eommunicated to them, resolved—* That the sale the bonds was highly advantageous to the State the bens, and in accordapes with the injunction: the eb; v, reflecting the highest credit on the com- 4 bringivg tiwely aid to an embarrassed All this we admit; the facts are—strange as it may ap- pear—for once correctly stated. But this is not all. No one denies the existence of the law, and the course pursued by the Legislature, after the loan was nego- tiated; but it was the business cf the purchaser to see whether the Legislature had the power to make such a loan or net, as the value of the bonds issued depended entirely upon that. This is, in our opinion, the only just ground for repudiation, t» the principle in- volved we are indebted for the preservation of the most important institutions of the country. Leaving out ot the question entirely, the reasons given by the Gover+ nor, at the time of the suspension of the Union Bank, that the stipulation that the State bonds should not be dirposed of (under their par value, had been departed from, and that the Bank of the United States could not, by its charter, legully purchase the bonds, and fall- ing buck upon the fact that the law passed by Legisla- ture, authorizing the loan, was onstitutional, it is elear that the bendholders have no legal claim upon the people of the State of Mississippl. As we have heretofore remarked, the only hope of the Dondholders is ina compromise. They must abandon Adeir claims, and leave off browbeating, it is pos. sible, although not very probable, that some arrange- ment will be made, The legality of the claim never Gan be and never will bo acknowledged; but the people of Minsisnippt feel dispe: to do everything im their power to relieve thore who have been duped by a set of swindlers, whore operations, for boldness aad extent, were at the time unparalleled. ‘The Onances of Mississippi are steadily improviny and before the lapse of many years the interest on t acknowledged indebtedness of the State, will be pro- vided for. Delinquency Is far from being repudiation, and nothing is wanting but the ability to promptly pay the interest on the non-repudiated debt, as it accrues, ‘The people have the will without the means; but every fraction of both principal and interest, accrued and | accruing, will be ultimately paid. ‘There was conside- rable epeculation in London at the latest dates, in Mis. sissippi Union Bank Bonds, which fully accounts for the renewal of the abuse relative to the dubts of the States of the Ameriesn Un Stock Exchange. $100 U SE's, “02 111M uh sha HrariomRRprt fall 9g Hoy HO Long island KK be BnG 7 s0 2" AOVERTISKMENTS RENEWEO RVBRY DAY. REWARDS: ¢, shail be Liberally re TRAVED FROM THE PREMISES OF TH ber, one Red cow, with brass mobs om her \e 8 * rn the SS SALES BY AUCTION a ¥ JACOB 8. PLATT—1. CARRINGTON, ave. Aware, Cutlery, and Faney Goode Say ae 3 PL ingress Ko ented Pockst Kmives, one ond two blades. Also, fe Knives Tine Belseors, 2) gros Kettle Bare, re patterns of Carded Mardwa: ary Grede weerers, Gilt do., Inkatar Also, to £ same, to be sold for eash, ris.: i sete rookery, C1 # a Kusdred lots, to rnit country as well as eity eaters, whieh they will, please take orice. y sacOn 8 tg Le © SPO RIRSTON, ACO " . na, ware —Ser aan Al we sell, saavote tates tangs tale's Woees jon Store, urséay, 9th inet, eommenei EW YORK FIRE AND nanet 6, IRA) ridend <f ten por cents pare hholder a and, at the ae - Wail nerces BD UNDRAITLL, Seereesry. TRE INSURANC! OOKLYN FIRE INSU! ance Company havi 10m, eomtions to invare Ings, mereh hon tie ee yi “Sulton ete Bree ALynno G. Stevan, Bee’ os = GARDEN.—¥R, CHIPPENDALE, ACTING ieee titi cae) NNIBLOS tt: te, ing horses at Madden's en er bet ey WM. FONNER, Pro Ba tried close at Greene The ex terte: for which SPECIAL NOTICE: 2 ewww S$ OF TEMPERANCE CEMETE! Subseril ers for lo! and to receive the first Members of the Order names down fora lot, or share of i 19 do so mow, are Reqnested to’ attend this ae they will then be allowed the privilege of sub= peg d DOBBS. | ro) JOUN MURPHY, Seoretary. OTICE,—THE COPARTNERSHIP HERETOFORE EX- a ihe subscribers as keepers of Livery Miss M, Taylor, 68 wi HESRT NEVER WON Falk D ing Charles U1, Miss J, Hilly Ruy Gomer, Mr. C. W. Clark: hess Ty Fenuevada. Mise F Wall | to rom and after the ist instant. of ovr late firm of Gillespic & Turmure will be settled ig Carlile, at the same 1849, JAMES Y. the = Baron Sherry, Mr. Herbert; M \O. CONTRACTORS.-THE COMMISSIONERS Y a Proposals (to be tere for carrying the Cro~ , from the foot - i ¢ e) until the 12ch ton Water in pl found at the office of the JOUN HW, GRISCOM, Goneral Agent. raiment Lo eon= ruses, Songs, Sol them. 100 C open at. Tie ORRIS CANAL AND BANKING COMPANY.—N . that Books of Subscription for Uree thousand shares of preferred 6 eck of d-dollare each, with dividond: ally, authorized hy th: srter of the Company, pas: epened at the Offeo of the mpany onday, the 38th August tnatan ders of the said Con pany. ck Looks of the Com: when the stock books of the © ave the exclusive right of subscribi iret three days from the opening of #aid boo! By crder of the Board of President Morris Canal avd Bauking Go. N. McViowan, Cashier, pro. tem. Dated Jersey City, Ist Anguat, 1849, ROADWAY BANK. commence business: A mammoth Crocodi! god ten feet in THE BROADWAY BANK WILL fat’ ‘ next ensuing. The instalments to the capital stock due and Payable on that day, will be received at the Bank By ordor joard. FRANCIS A. PALMER, President. reer ees N, DEMANDE UN DOMESTIQUK FRANGAIS, suchant our prendre ‘sota d'un mé~ soit mani de bonnes recom- anglais, et trois entond, nage de gargon., On exigera qu’ tions Bad 3’ Box 7 aSTHD-DY A RESP ANTED TO PURCHASE—A FAR OF 20, 9, ORD few York, eltherin "2h Apply, by letter, with partioulas siing and te Hip iy: the | Pill capine on ti Tuquireat St Beokiaan at, 4) 4 can be given. ANTED TO PURCUASE—SEVERAT. Lots SONVE- | « preferred. Also, oat paid, stating particulars, ry ddrens, 03 ost Office, New ¥ ANTE D—A SITUATION, BY A RESPECTABLE as Chambermaid; or to arsist with ironing ; or to take care of children. bes Apply at 1 Twelfth strect, city reference will be ‘ew York, TION, BY A FIRST RATE M . The best of re~ integrity and capability, Address J.B, | ferences given as ANTED—A COOK. A WOMAN WHO CAN PRO- since the best tertimonials (nove o:her need apply) sitmation in the poustry, near the city, by e=fl- tom Finces Sth strest, moar between 3 und 4 o’elock P. ANTED--BY A STEALY, wo Protestant euday, the Sth inst, ANTED—A SITUATION BY A RESPECTANLE The sbove is publish young Woman, as Children’s Nurve, pla f 8 id th hi jort distance in the eouw rANTED—BY A RESPECTABLE SCOTCH PROTES- gemplote in arin JArees and clogan! their hearts but moo sh unceasingly ** re~ ANTED—A SITUATION, BY A RES?’ Protestant girl, to dy th: ub | gents exch’ way, “ LR QTATEN ISLAND PERRY.NOTICE.-1 TANTED—HY A. RESPECTABLE YOUNG WOMAN, | “7 id MT ME ROYAL wa 4 | rel Housework or Chamber PARTNER WANTED, WITH A CAPITAL fen We twenty the taal dollar, to manut both for these prrpo- Poesy poets patty few York, stating where an in= nd sixteen years Adorese JW. No. 128 JURNITURE—WANTED TO Rosewood Parlor Furnit A line addressed to L. L At thin office, will bo atte BOARDING, &e, PASSION Bouse, KE # ¥anmwen Rowse, bite, raat hie bone wt en 1. betmy * ene Hers jee Me, for key pork. QROAT WAY HOTH!.—THIS Ho rable i bei > i 5 ro Pleasure, mare ad= Perhape any ciber Hotel iatho ity. Charges OARD IN THE COUNTRY—A FEW LADIRG AND ean he seeommodated with thy location, en, themen, oF we Sesser iad Address 5. CAAPMAR, Penataquit, (Islip.) Long Island. Side, epporite Fire Ieland FINE SUIT OF APARTMENTS ‘art or fall board, private table, with an Iso, single bedrooms, very healthy. shower bathe, fof the wee ef occupants. Ap; MISCELLANEOUS. enna US1C—INSTRE AA AAAAWASSAAASAAAAAAN | OVER, $8 ON TUR PIANO PORTE on by alady fully competent, amd who bas had eonei= | experience in tesehing, Is attended ae dheie | wtages. | at her retidenes, Ne, ) TO $4.00.—TO LOAN, POR AT “Yb: 9 Years. on improved property, in fee, in ehie | ity of Mlocklyn, 8,88 te i ' ) A 4 Hioom over the Auction Siore Together, several paluburgh. Meview 1 varisty of valuable ar ate eed, and the rem | en | Geleres te Sumceete = by. timely poasersion ef thi ND WILL BE SHORTLY PERLIAN SD — d the Wertmiveter Review hb, Noreh Brition ant ood 's Magoaine, $3, s The London Quarterly Westminster Revie the four Reviews Hton—entrance 64 Gold UR THE DESTRUG- 4 all ovber iuseoie, 79 AGNHIIC POWDERS, Fi * Cork ronehes, the, @ of ay. Reforen . Hownrd, ;'L. Roome, Haq, Superintendent of ik, 1N THE NAVE FP COMMON SENSE, very foolieh ae t here hard times, when te: cme Suit fur $8 at 13s Navan etreet Cloth mere Pamts, and Baney Vers AMUSEMMNTS i Mr. John Sefton, Stage Director.—Wednesday Even! ipments to eommence with a lanche’s Comic Drama, called G RTS’ wheville, Mr Chi Monsieur lesion, Fe osustade wich re. C. Howard, Tutermission, | the comic piece of SEPARATE MAINTENANCE—Mr, Pennipother, Mr.C. Burke: Mrs. Pennipother, Mra. C. How- y Brige Mrs. W tte, Doors open at 7, te eommenee layed the farce, Shales, Mr. Brough 20) . Ta conclude with the fates of re Follotiolt, Mr. Lynne; John Dobbs, A . Burton; Mrs, Choster- Dress Circleand Parquot, 50 CoMSNERAU'S NATIONAL THEATRE, CHATHAM ST, Wednesday evening, August ith, will be acted the far of the IRISH” DRAGU urphy, "Mr. Redinond Rya atilda, M ‘After which, White's appear in'a rele . glecs, Re. ke. To be followed yor: Mra. Bloowhy, Mixs Sine) renaders will eth DES, | Wythe SHBTCHES IN IN1&—fom Tape, Me, Johaston, Mrs. McLea! ly Serag, Part Second—A concert by renaders. Tho whole to conclude with the fargo | PrY Man dy Murphy, Mr. Tedaond Rya ket, "Miss Sinclair. Doors BW eta; Pit, 12hg ets. Case GARDEN.—NINTH WEEK OF THE TRI- wmphantly successful Summer Fetes'—First Perform~ ances of the Celebrated Mingtrel Band. known and admired asthe SABLE BKOTHEKS, who will, on each evening of this werk, perform a rich selection of Overtures, Cho- and Dances, in tue n Dandy Darkies and SUMMER BALLS, a lar, will oY yo expressly for ARNUM’S ANBRICAN MUSEUM.—Sptondid pertor- Ps a uated. Doors manecs in the afternoon at 33g, aud evening ats o just arrived, from the River Nile, le iy at each eprertaininent, lor delineater of Kiet Mise Barcon, Mise Stas Vent, the popul ‘Mr. Jerry Morryteld, bine Lady, Living ¢ ormous Ractlesuake to the whole, 25 cent 1235 eenta. ONCERTS EB NG, AT THE CONCER Hall, No. 437 Bowery, between Stn [i streets. ‘Admission fi EAL Hints ia 7th; Weavesday, Sth; and Friday, 10th, Admittance fre STATE OF NEW FORK.—SECRETARY'’S OFFICE, Albany, July M4, Us d sounty of New York.—Sir: N. the Geners! Eloction, to behold in this State on succeeding the first Monday of November next, the following officers are to Le elected, to wit: — {the Courtof Appeals, in the place of Preebom of State, in the place of Chris‘opher Morgan. Her, in thu place of Weehtagion Guat. rer, in the place of Alvah Hung, everal, in the place of Ambre er and Surveyor, in the place o! dan. Sbarles B, orne: ‘A State Engin ‘wal Gommissioner, in the place of Nelaou J Beaeh; and An tumpecter of Susie! Prisons, im tho place of Teva Jomatoek 5 All whote terms of service will expire on the last day of December next. Also, & Justice of the Suprome Court, for the First Judivial of Samuel Jones, Whose term of servise 0 last eon ef Docember pext. hird Senate Dirtri Senstor tor the of fall. ator for the Pourth Senate D: ‘et, in the plage A ofSamuel Frost; and Also, a Senator for the Sixth Senate District, in the place © Wm. Samuel Johnson officers are also to be elected for the said eity and county :— A Jw the Courtef Common Pleas, in the plo hoe ffer ag uae of the Supreme Court, in the place of Aaren Van- expoe! Etxteen Mewhere of Assembly. A Sheriff, in place of Jolin J. V. Westervelt. A City and County Clerk, in the place of James @onner; an A Coroner, in the place of Win, A. Walters; All whese terms of service will expire on ‘Aw Act astablishing sed Maral 20, U49. } HER NORGAN, Suynive’s Orrin, New York. Tuly’2h, 190, 4 pursuant to the notice of the See ave ia suck tery of State; and the requirenents of the . cage made one POW TON J. V. WESTERVELT, Sh All the UT bhi before the Boar Bro Reviced Stasatea, Vol. 4 TO BE LET, 0 LET—THE LARGE DOUB! OUSE No. 42 cer street, ‘rom 6 uitable fu ing house, Pi amediately. wey. 0 LET—THE LARGE DOUBLE HOU cer street, one door from Houston, ing House, Possession liamediately. BXCURSIONS, RA XCURSIONS TO THE FISHING BANKS, AND $5 ‘4 paid, on Puesday, Thursday, and Priday, to ‘the person who catches she largeet ren hast, black fish, or paugie. The Bufiale, over wee Feet. clock; Uth —_ Catharine street, at “\: Gran orth River, at Wy A.M. Fare 2 ve NEw Gand 7, P, 11 o'clock, Al My York 7, sland &, 9, and Ho'eloek, A.M 1, 58 P.M. Sundays as beretufure, vis. every hour from ¢ P.M. inclusive, exeept 12M. ___SHIPPING, Jerwe the Dock: clock precisely. HOR SAVaNNaL au Wenre now apply- | hia bo the followin ee MITED STATES MAIL STEAM SHLY COMPANY.— Vor Cslitoruim, via (hagret—Phe vew and spacious iil be diapstened on Monsiay, th ook. from the pier, tout of ro for’ apd ¢0 ence of the Passcngere are on the ment Hheral ecal fomr epaciows saloons, and well ventilated enbins and se combined all the Couventeness ef a firet- elaas MEDICAL, — R.JON MSN, 16 DY ANE STREET, 80 WELL KNOWN in tie treatment ef delieace diceute —The Doctor's ree tation fer shill im tone halt sated eases vat haw nt) eore As pre-eminent. Conetivational weakness, 2. s secret hase, adeatvally enreds Move ar days. © CURR NO PAY.—DR. CORBITT, 19 DUANE ST, may be eonenited on th treatment ef evrain delicate A praction of tixteon years devoted to the Ureate iment cf delicate diseases enables Dr. C. to onre tie w form of this disease. Recont eases cated (n there days. Ne merrury weed. D* who'com ite fret, hee wurwet, or by = APNE MARNIE® Wo an's PRIVATE MEDICAL COM ion, by Dr. A. M. Mauriecac, rot Din |, Urefessor of Divenseset 2 ae op Oe Priee $1. Gan hysieal sad, mental anguish to La | | an afiorvionate w: penn eultion te the harhan might have heen thourseds new poer wonld have on competence; thoneands new bro! in health would in thoit graves boon etill alive, ork. ended eepeciaily for vie married, or those eontem- marriage, #8 it divelones important seerets, whieh Biel ie uneven te vhem persion arty. wa Te ee Reed doe of on fnevense of fa Libis of eeperial uportance, ote, alee, every female—the wife, the mother, tbe either bnad 3 woman! of the one in the desing years, in whom nature eontempintes an important chenge— by eh 4 wpa ras a al x vannal Rin reoeipt Cath ® copy will bo Oranamitted by mad free of wentace ta any tart oF we Maited Staten. Alt fettors st | Ire: 5 A. M. Mowrieess, TRLNew York alts. UBee 129 bitcrty sirens, fan wsecver ihe canses, rymptoms, and the mort eMielent re Sia eral cure, in every complains te V5 bat | relied upon as true and authentic. Now for the Tueeday | | rumors of a revolutionary chara | , in the place | terme of service will expire en the last day of of ne last day of | on the rights of the except Saturday, | ENTELLIGENCE BY THE MAILS, Our Southern Uerrespondence. New Orteans, July 29, 1849. Highly Important Movement in New Orleans—An Invasion of Mexico Threatened—Secret Expedi- tion—Men and Arms on Hand, §c. Having seen no mention in any of the pubhe journals, at either the North or the South, or even an intimation of an important movement whieh has been going on in this city for some tume past, and which is at this moment being conducted in a se- cret way, I cannot do better than detail to you its origin, progress, and prospect—pledging myself that startling as it is, and important as it will be at no distant day, on our relations with the neighbor. ing republic of Mexico, what I shall state may be facts. 2 For some time past, several men, ealling them- selves agents of an expeditionary enterprise, have been enlisting men in this city with the under- standing, private and secret, that they shall perform duty in any service in which their aid may be ree quired when the expedition shall have arrived at its destination. Inmunediataly after the enlistment of each'man, he is made acquainted with certain seeret signs by which he cun recognize his fellow associates, agents or officers; and, as I also leara, each man binds himself to keep the fact of such on expedition being in process of formation to him- self, and to reveul it to no one. Anotherstipnlatioa which those who enlist in this enterprise are oblig- ed to enter into, is that the destination of the | expedition is not to be made known to them until the vessel in which they are to embark shall have | reached a certain latitude and longitude. When that partieular point sbull have been reached, the object and intent of the expedition, as well as the peut of debarkauen, will be fully made known to them, and they will be expected to obey their offi- cers, ond perform the p alitary rvice Which they | entered into in this city. Fifteen hundred men, or | more, have at this time announced their readiness | toembuk in this enterprise, and the number is increasing every day. A formidable quantity ot ms has also been secured, consisting of fifteen | or twenty thousand muskets, which were pur vhased ot government coutractors in New York, ladelphia, and other places, and they are safely ured in the place appointed for the expeditioa tolend at. ‘The active men i this affair, the lead. s, who eonnend and are now currying it on, will visit the northera cities, where (in New York, particularly.) they expect to be able to get all such addinenal recruits es they desire. I have as yet said nothing of the object of this great movement, nor the point at which the expedition will debark. You recollect ve well, thet, for some time past, there have been | er in the t has been northern part of Mexico, and that atiempt would be made to e pendent republic in the Northern some inonths ego, and other measures adopted, to pip itin the bud. Now, the ebjectot this exvedi ten is te carry out the formatidn of the republic of the Sierra Madre, to separate that territory from the Mexican republic, proclaim ite independence: and maintain it by torce the separation and independence of Texas was brought sbeut; and the scheme in that instance having succeeded so well, it will be tied now in Sierra Madre, The place of debarkation and rendezvous, 18 Tampico, im the State of Tamauli- as, whieh, you are aware, is very accessible from | New Orleans. A great many of the soldiers and officers in the late war with Mexico, have joined this movement; and Iam credibly informed that it has received the approbation, i from, some of the leading citiz Some ot these stutesmen think that the time has | arrived when not to resent in a way often threat- ened, the continual encroachments of the North outh, and their repeated and | incessant attacks on the institution of slavery, | ought justly to be considered cowardly and eraven hearted. A diveolution of the Union his been | frequently threatened, and this movement is the commencement of a tram of events, that will lead to such a consummation, on the part of the South, | under the guidance of the leadiag Southern politi- cups. The expectation is, that the Sierra Madre | | would, of course, in due time be annexed to the v States; and as oon as that isaccomplished, South will reeede (rom the Union, aud, with 8 of the South. | — | the Sierra Madre, form a separate and independent republic, leaving the North to ae P ’ ie : | With euch a vast ix “ co, and sugar-produciog soil, the new shem republic, it is thought, would be able ntrol the rnarkets of the world, as far as those “sare concerned 8 it pleases. | connected with this secret expedition, its objects, and purposes, untouched. You may ase them or bnt that they are stnetly , | would pl xistenee. I shall write | aggress to you again, in a few days, or sooner, if anything important concerning this expedition, not already detailed in this letter, shall reach me. Crarreston, 8. C., Ang. 3, A Southern Convention—Dangers of the U: Manufectures at the South. The idea of a convention of the South, or of the slave-bolding States, has been broached in all quar- ters of this region, by individuals, presses, at pab- he meetings, and in legislatures. I am by no | means certwin but that it is the very best thing for the Union, that eould take place; and we are in fa- vor of it. Let the South meet in eonvention—dis cuss formally, and fully, their grievances, their causes of diseatisfaction, and, voitedly, take a de- cided stand against what they consider Northern . We believe that this is the very beet mode that could be adopt-d, to come to a proper | understanding, and to real harmony. We are satim | fied that diteutielaction has been steadily growing | and gawing ground throughout the Southern States, ond that it hee nearly coum toa head; and we would warn the people of the Northern States, in ued by both p cal parties, aad which, i peisieted in, 18 fraught with danger to the federal | Union—wiil end in ite destr nd that, too, | before the sound and bonest city t rth | | and protec expected by the Mexican government that an | blish an inde- | Siates, to be call- | ed the Republic of the Sierra Madre. The subject | caused u great deal of anxiety to the central go- | vernment at Mexico; and troops were sent there | and; above all, disunion, and start forw: It was in this way that | | jret of protection, indeed, it has not emanated | | tended, and that the etle | in Boston, and mukes lieve Lhave not left any point of consequence | f the moet solemn manner, against a policy which ia | Oe creem even that it ie in the ra of probability, or even of possibility, to occur. ‘The nyhts of the States i¢ a doctrine that has | been freely disenered, ia late qeates and if any thing ip oor federal Union w fully and almost ine coniesthly established, it is the fact that “ United | dtetes” and “federal” have the same political | nd that the constitution was adopted by the States as States, vod thet We are not a nation ot individuels in the aggregate, but are a federal community of Statre—cach State being sovereign. ie) at ener © ‘ ‘The seceseon of one State, mowever small, from the federal enion of thirty States, would be bad enough, and eanse eo infinite amount of embar- reeement and trouble, if it did not lead to violence end bloodshed, whieh would, at this crisis, seatter the States end destroy the vhion, a& can easily be , foreseen. How much more certain would be | there disastrous events, if a section of States should conceive themee!ves outraged by unequal lenislationt—by feeling that their constitutional rights were violated— Sete perty sacrificed,and | ther own lives endangered by a congress mayority, and the government ut Washington t— ‘Thet the fanatical, evicidal attempt, of the, aboli- tieniets, aided by the tree soilere, will be persisted in ot the next session of Congress, 18 already clear to our minds; end knowing that the people of Seuth ere contending for their constitutional righte solely, we areert our solemn belief, that if a | mnjority in Gor their pense, and pass a law which deprives the South of their equal terri- toriel rights with the North, and the Presidemt sanction euch « bill, the blow will have been strack whieh diemem ve United Stat Are the trople of the Northern States prepared for this 7 Lieve they looked forward to the eonsequences 1 Are the merchante, the ship owners, and men who hold prepenty, aware of the ruinous consequences: to themeelves that would eneue ? In three mouths from the paesage of such a bill, ordinances would be enacted in the South, by State after State, set- tong at defienee both ress and the Executive, end declating the federel unjon diseelved by the violation ond vetting aride of the equal provisions of she constiration on the part of the Northera or free States. y : The Southern States are, in reality, the conser- vative portien of the Union. With the withdrawal of the South, where would the free States be 7 Party in the North has eaten vp patriotism, euch es the early framers of the constitution had in their hear: thowed in their actions. Power, plunder, eporle, govern the mass of the politreians of cur Northern schools ; and it ie time now that the people—thore who have higher motives, who have rights and property—ehould move, and earb this mod crusade egairet the South, if they would tare themselves, the titles to their property, or their own eafety. The Southern States are sick cf this unholy war againet slavery und nonsense bo ately, it has become the question, absorbing all old party considerations ; | ing ticket :—Captain Jobn Marshall, John F. and the efforts of the miserable old n both sides, at Warhington, to keep out tie, ‘ the great- est of all questions, and to continue the old and ob- solete issues of both parte: looked upon with scorn and indignation. wy are determined to maintain their lights; and if the North woa’t let them, then they sidy, * Let us have a separation from those who show themselves our enemies. Let them go their way ; we will go ours.” ‘The South have already freed more negroes than we have freed. At the last census, there were in the then 18 slave States, and District of Columbia, 215,501 free negroes, and in the 13 free States but 170,444 negroes; so that there are 44,357 more free negroes {i the slave than in the free States One of the very first fruits of a separation, brought on by the injudicious movements of the abelition and free seil party, would be, that every free negro in the South would be drivea out, and forced ito the North, to be a burden or a blessing to us. Does any man in his sober senses, in the free es, believe, that if the question was put to the citizens of each of the 15 slave States, * Shall the institution of slavery in this State be abolished or not?” doubt the answer? It would be a thun- dering ** No” ch State. Is there any doubt, then, that if Congress drive these States to the wall, by saying, in fact, * We wiil abolish slavery -for you, by first commencing with your consuti- tonal rights in the territories,” that the South will nuke an issue for their existence and property, en the very threshold, at any cost? Certainly not. Then why, in the name of all that is sacred in compacts, should such a dangerous and doubitul qnestion be pushed to a direct issue, whea no pos- sible good cun result from it, save to mercenary, designing, corrupt, and God-forgetten politicians, abolitionists and free soilers, and when the worst of all evils, a dismemberment and separation of the Sta of this Uniea, mast follow, as certain as efleet follows cause in the final result? For if one slave State mukes the issue upon this. slavery quesuon, or its rights in the territories, and fails baek upon ity sovereignty, every | slave State will follow its example-—they will be furced to do it, to save themselves trom anate hilation as independent States, and wo save the property and rights of their respective citizens.— Letevery free sotler and political trader look at the result which their mad action would roll in upon the country. A Southern federal untoa would be consummated ere a year. The tilwea States where African slavery exists cover an urea ot 956,- 318 square miles. Calitornin and New Mexico would add to that area 526,078 square miles more, while the Norta has but an area of 454.340 square miles. The South, too, has an extent of Atlantic seaboard six times greater than the North. We have spoken a warning which we trust will be heeded by the good, and those who love the Union. To retain it, the North must cultvate kindness and good feeling, and abstain trom me dhog with the South, in a matter ia which the North bas no direct econce: and the more 80, in a matter where the constitution—the only resort n for a minority against the ma- jJority—is elearly against the North. The North cannot force the Souther Stites to remata mem bers of the federal Union, if its own ijastice drives them from it, Biood-spilling is a sad alter- native among brethren, and God grant that the folly or madness of Knaves and bad men may never force us into it, Let the Southern States have their convention ; Jet them in a fair and fnendly spirit discuss their grievances; and let the majority in Congress meet their statements in the same spirit of accommoda- tion, and redress them. We thus avoid ditlicalty, again, fuir and fresh, in our vigorous republican career of greatness and stability; and asa preparatory step, Jet the common sense of the honestmea aad patriotic ritizens kick to the devil those luciter spirits whose paltry ambition and Jove of office, power und plun- der bave brought the country to this ertsi In a tormer letter 1 have alluded to Southern nianvfactures, and the consequence that will re- sult fiom them to the Northern and Lustern see- ions. This has been brovght about by a long continued unjust rons of ¢elusion, upon the sub- beneficial to a few aristocrane th, and deadly to the entre South, from the planter who raises 10 bales of the Taw cotton to the plunter who raises 300 bales. We cannot exhibit the real result better than by stating a case which clearly exhibits that it ine t of our protective sys- 18,10 meke the labor and capital of the orth, ble, at the expense of the labor and capital of the South. We will suppose A to be a Southern cotton plan- ter, residing in Charleston. [He raises 300 bales of cotton. Bisa New England manufacturer, and resides 0) bales of domestics. Aand bare here understood to represent the South and the North. We will suppose the 390 bales of A to be of pre- cisely the same value in the home market, as the £00 balesof B.A, the Southern planter, ships his 800 bales of cotton direct from Charlestoa to iverpool, where it 18 eold for a sum of money whieh enableshim to purchase 300 bales of English cotton goods, of preeiwely the same quality aad quantity as thore made by B, leaviag ase ficieat som of money to pay all the expeuses of the 300 bales to Liverpool, and the 300 bales purchased, to Charleston. When his 300 bales English mann- vetured goods arrive in Charleston, assuining the duty to be 894 per cent, (and on an. aggregate it is more than thet) and that the daty is ptid in kind, A will have to deposit 100 bales ia the Charleston custom house in order to obtain liberty to brin in the remaining 200 bales He thea tiads B with hie 300 beles of manufactured goods ready to une der sell bim, in cone nee of the protective cuties impe by the government tor his protec- tion. This drives A out of his own market, makes the labor and capital of A unprodactive, and com- pels him to obandon cotton planting, and resort to manvfseturing, or some ¢ r employment, or to continu: with very little profit beyond the outlay. But this is not all. The 100 bales in the custom house are the property of the United States go- verrment. Boutvotes A, and then takes it to hum- relt in the various forms of appropriation, Ue thas has, in reality, 400 bales against the 200 of A, ow- ing to the uaequel action and unjust ef the government; and instead of an equ has a fruble increare from having impoverished A by thie process, he assails the bn vrs of A, on the ground that they are un- profiteble, and attempts to destroy his property in them, on the ground that itis sinfal and «npreductive. ‘This is the whole state of the case expressed in short metre, allowing a trithag deduction, which goes to A, in the ferme Of appropriations by the government. We think those presses who are ridiculing the South and its institutions will find it a very difficult matter to answer this statement. That the | South have suffered a great many evils from the ua. | ecvel legislation at Weshington, in the past period ef thirty years, is not to be denied. Phey have rights in the Union as well as the North, and | nabobe in the N if this Union is to be perpetuated, those nghts must be respected by the other section, even though they have the majority, and can carry any congressional enactment. We love the Union, and it needs but justice to all from all | all to make the United States the greatest country | inthe world. We don't care « straw fer the Souti more than we do for the North, but we are deter- mined to see fair play—more than this, we wish to | lay before the North the real state of these sectional relations, and thet our Northern new members may not rash down to Washington the coming | winter, and in ignorance plunge the Union into a civil struggle which cannot but result in its destrac- tion, and destroy the North; for the South, it caa- not be doubted, would be, when separated from the free States, more compact and more prosperous then she has ever been. Take your time, ye whige, ond remedy this state of things, don't drive matters to extremities, and ruin your party and eountry. maid ws Bia asi Our Baltimore Correspondence. Bartimonr, August 7, 1849, Democratic Nominations— The Temperance Vote~ The Ferdinand Hoar— Disappearance of Cholera —Health of the City—Congressional Nomina tions— Markets, §c. The democracy, last night, finished their nomi- nations for the Legislature, presenting the follow. k= nell, Oliver PF. Hack, Sidaon S. Donaldson, and Charles 8. Spenee. The temperance men are ra- ther in doubt as to the opinions of most of their es, as to their views on the Sunday | but I mnderstand that the different associations and societies have resolved to vote for no man, no mat- ter what may be his polities, who will not avow his views on the subject. The above ticket ia a very gord one, and Lhave no doubt will be elected. Jobn Denmett, the sevor who reported the foun- dering ot the schooner Ferdinand, with the loss of | all on board, is now univereally adminted to be an | imposter—that is te say, he undoubtedly deserted | frem the vessel before she lett the Capes, and has nanntactored this story to account for the absence of hie proteetion papers, and thus secure an order to the Marme Hoepital, where he waa desirous to eo, to secore eurgien! attendance for his face, which wae shockingly bruised, and the bone of his rose broken. ‘The raseal should be punished for the aexiety he has oeeasioned to the friends of those on board, ‘The cholera hae now entire! Me grey from the Baltumore a'mehonee, pos fo still kept out of the enty. There has not been a single new ease atthe almehouwe dur 1 hours, If it enn eniy be kept away until Christina, the effeet cn the fall trade will be of the most gratifyin: choracter. There seems to be a speeis! late rposi tion of Providence it our favor, eo far; but it weule be a diffieult mater to discover wherein eur wentinn merit lies. ‘The whige of the Sixth Congressional distriet | England in which members ere to of aeeny jand, have nominated John Bozman Kerr, Eeq., of Talbot county, as their candidate for Con- gress. The whig candidate in the Fourth district, comprised of the First and Fifteenth wards of city, will doubtless be either Charles F. Keyser, Eeq., or Adam Denmead. Either of these wil run well, and it will require a strong man to have any Frompect of success ugainst Robert M. McLane, the democratic candidate. In the Third distriet the Hon. John Wethered will doubtless be the whig candidate, thongh his prosprets of suecess are very poor, since the democrats have nominated the Hon. Edward Hammond. The choice of of the others who were secking the nomigation would have rendered Wethered’s election almost acertainty. | The Nightingale Serenaders at the Museum, continue todraw good houses, and are domg a fine business. ‘They are certsinly fur the best com. pany that have, visited the city since the palmy days of the original ‘The fleur market ia at yesterday of 200 barrels Howard stroet brand: jor fresh ground, Small sales aiso of old ing $5 26. There are no transactions in it held at $5 25. Corn meal $275 a $2 87!4. and rye floar $3. ‘The receipts and supply of tour are light. The supply of grain has consid: rably increased, end, im contequence, prices have deolined Sales yesterday of 26.000 bushels red wheat at $1 a $167. very choles, $L 10; white. $1 08a $112 Corn bas also declined, owing to the increased receipts. Couridvrable -ales yesterday, of both whi «llow at 56 to 63 coats, as to qualt- ty. Outs 2b a 23 cents. Whiskey it we qgote at 2 a2, conts. There were offered e woales yore terday about 640 head of hee ves, 160 of whic were sald to city butchers and packers. at prices raoging from $2 20 to $4 per 100 lbs. on the hoof equal to $450 a $5 60 net, and averaging $2.48 wroms weight. The sbove prices thow a decline About 275 were deivew to delphi, and the belanes rewain over ansold, The stock is pot good Hogs —We quote at $425 a $460 per 106 Ibs. with wales, at whieb they are fem. At the Baltimore st bowrd yesterday, the follows iny rales were = B86) Tovas Ga DA LG; $417 7.00; Bebe Pa B.&O.R b Gk . 20; $2,000 B. & O. KR. bids, "4, 0534; $9,000 dv do , 98%; $140 do, do., 0534. Our Philade \, Aug. 7. 1809. ‘The Cholera~-Parion of a Conviet—Arrest of Riote ors— Markets, Stocks, Sules, §e. ‘The cholera in private practice to-day amounts to ll cases, and no deaths. inthe hospital there were 6 causes and 2 deaths, and 7 cases at the alms- house and prison—muking a total of 24 cases and 2 deaths. ‘The democrats held their election for conferees and delegates to represent the various wards ‘hroughout the city and county, in the city and county convention, and the eolinty delegation to nominate candidates to be sustiued at the ensuing election. The gathering of politiciims on the Rie ulto in front of the State House, aud +o Sundays at Paseal’s, have commence and will doubtlees be continued unl the tate of che several disintes rested patriots, so anxious to serve their bleedimy country in statrons of trust and profit, are dee: at the ballot box. i Folyard Degan, sentenced four or_ five months since for an aggravated assault upon Mr. Dafrene, the sculptor, has been pardoued by Gov, Johnston, ‘The whole term of imprisonmest was much teo litle, and the Governor has now reduced that one half. Quite a nuraber of arrests of rioters conneeted with the last tumults have been locked up for trial. ‘The receipts of flour are beht ant the demand for export Limited Fresh ground brings $9 and old stoek $476 to $4 8715. Lhe demand tor rye flour is fale at #3 to $3 Corn meal is bela at $4874. but the by the light wads 110, and ordinary q wt 62. and white at (0 ete, for weight, which isan advance Salesof new crop southern oats at 28 to St ety Che demand for whitkey is fair at 243,088 for ohds and bbls. ‘there bas been quite a dcline ia Reading and Schuylkill navigation stoeks to-day First Bourd —1 Commervial Bank 2 Pena. Bank, iq; 8 Farwere avd Meebanies Bauk, 61, $0000 State 5's,¢, 89% ; 10 Kentucky Bank, b% ; 20 do. 100. After Sales. 1400 UB Gy. 7 1 4 Second Board,—100) Pena ; 1500 177, 10546: 1000 Reading RR 6's. 760, 60; 1000 Cin W.W, 6's. 65, 9544 ; 4000 Tenn 53 86; 100 do, 9M. sfter Sales — 2000 Schuylki!l Navigation 6's, 68, 50; 100 Reading R. ., 17 M voy New Youn, Cornvcron'’s Or vice. Sug 7. 1840, { The following eireutur from the Cevasury Dopartmant has jurt been received aod iven to it, for the information and be into collection distriets throug CIRCULAR TO COLLEC THE CUSTOMS, Trrasony Divanime sr, July 26th, 1849, It fs represented to thia Depar that in some of the porte ef the United States, ul ‘ous praetios prevails of admitting the importatios of giu wud ether dietilled rpizits, in enses or vessels ot less capacity ninety gallons Ry the provision of the 10%d section of the general colivetion act of 2d March 1.9%, the tation of any distilied spirits (arrack and sweet cordiala excepted) unless in casks or vessels of the ity of ninety gal- Jons, wine measure, and upsvaris, subjects the said spirits to forfeiture, together wich the «nip or vessel in which it is imported. The wet of 24 Mareh, 1927, awakes @ farther exerption it relates to brandy, «uf n capacity not lese #; but with this single modifiention, hibitory t 1799 wbovectted, unrepealed, afd must therefore be strictly en- forerd it is due to the importers within those eolleetion districts in which the erroneous practice referred te has eaisted, that they be immediately apprived, by « public notice from the | ollveter's Olle. of the views of thie Department ip regard to imporcations of the ar- ticle in questio WwW. aM COLLECTORS OF CURTOMS, Robert G Rankin, Wilmivgton, North Carolina, viee Wm. ©. Bettincourt, removed RH. J. Blount, Washington, North Carolina, viee Sylvester Brown, deciined Henry W. Kineman, Newburyport, Massacharetee, view Willieim Nicholls, D ©, Hutehinson, Ni Missisdppl, vice Joha J). Klett, removed. Jersoy, view James St, Mary's, Goorgia, rice H. Z. W. Clark, removed. Frederick 8. Thomas, Newark, New Jersey, viee Wm, W. Baldwin, deceased. RAVAL OFFICER, Thomas J. Clark, Newbury port, Massachusette, viee Enoch Fowler, removed. "s jeorgla, vice Robert W. ng Greenport, New York, viee Walter Norfolk, Virginia, viee Dennis Dew. FEitwoon F le of Vingi- nia. on the 20th ult.,at the Fauquier Springs, in eoa- sideration ef the pro-slavery position he bas assamed, gave @ dinner to bllwood Firher, of Ohio Mr. Hopkins, *praker of the Virginia House of Represuntatives, pre did The sentiments im the strongest ble terms approved the course ado by the mowt ultra of the uthern States, 4 highly complimented Mr. = bi ere need wy ir. Hon i cote was proveut, and 65 iting the inetitutic ne of the South, and bore very heavily apon Mr Benten. ‘The Free Soil State Convention of Masraehasette, be held at Worcester on the luth of September t Hon, Sidney L rence has been appointed by the Free Soil Convention of Franklia to attend the conventions to be holden at Rome and Utes. Cass sso tee Weasot Prove, —The € 1 ye from a reliable phy =] hin rent the Senate ¢ winter. Legistata Ing instrocted bim to vote for the proviso, he proposes welling atil thet question comes up when he will make w great ppeceh against the proviso and Col. Bes- ton, oud then resign. There are now three Congressonal distriets in New - : = boy one im jarsachuaette, ove in Vermont, one Irland latter States a single tial ott probably rerult in the election of the members, The fifth trial will be bad fo Masrachuasetta, frem the ground in the lower that for the twenty or thirty feet » bein @ state of entire combustion. A 1d not extinguish ft Ast Pith suecers, but eubsequ eramination showed very little, if any, trace ou the ground of the action of fre CITY TRADE REPORT New August T-2 P.M Acnvsare quist at $5 6736 @ $6 for pots, wad $6 for pearis We have no chavge to nutiee; the market ect Frown ts femer, with a better feeling. eepeeiaily for the lower grades, sales of the morning reek 3000 baerels at $4 U6 # $4 81 for sour, $4 12% 0 $4 BT) for fine, $4 ST a $4 04 for common rath cd $5 13% 085 18M for export. Of the sales about | 600 are for ver, seurce; the demand I+ ehivtly for the Bast, bstog held rather too bigh for export. (he ealee are, 6.000 0 8000 busbeleet 61 a Ole for Westers mixed, aod 62g for do, yellow, O2Ne for rowed white, aud 6) a Obs. for ronnd yellow. Tonk ie heavy. Salve of 150 Barrels ‘S. prime ie dwtlat $9 Baer te wi ts ate. Borrer banged Were The market is ssout tow same, with sales of 100 barrels prison at 240, New Youn, Angust 7-6? ML Owing ten mamber of merehante being out of town, « fee thinly attended, aad trade in geaeral