Newspaper of Burlington Free Press, September 15, 1837, Page 2

as bo much needed lo convey to tho Pen i i the knowledge !' wlint wns passing ro, und which would enable their rcpro- Unlives fun her to lunrn their will; to inntturt stated in tin) Message of th esnloni as renuiriiiff t lie attention of tli nine; the extension ol tho merchants' ltd-, nnd especially the decision ns to the -irilioluiM of the surplus rovouuo among I'm Slates. On that subject, whatever iirto should ho ndopti'd, there innpl lie a r 'lion und a Intl. nnd a debate, yet no com rii'tcc was yet appointed, and in three cuksthc time Tor the distribution woum ivu arrived. Tim House ought to go lo .-ink, nnil cnnld not ullord to waste more .no on the election of n printer. Mr. I'ntlon referred lo the repented ex ossions ol I ho will of the House to pro. mil with the hnlltit u.tr; vet while those -en'leinen talked ol' n wnnt ol time, liny ero coin inually ullering resolutions. .Much only prolrncled tho election.--t. was curious lo observe, that tho more early the House seemed, from the state ol ie ballot, to be approaching to n choice. .ic more hopeless did nil miccoss appear to i cortntn cln-i ol trout lomen. lie trustee i mt n few more cft'irls would lead to nn rction. He concluded by moving to lay ie resolution on tho Inble. Mr. Harrison, ol Missouri, asked the i"n; and nay? : winch, being taken, resulted ) follow.-: ' Yens JIG, i avs 107; bo the us'dmion was ordered to lie nn iho table. Mr Hamsun, of Mission, ofi'ered n rem. it ion ilint in future bnllotlings the name laving fewest voles 'hull be dropped. Mr. Mokay argued lo show that the House wns not bound by t ho Joint llesohi ion of 1!!I9, or acting under it. nor under .ml of l!i'-'9; and, as Blntr & Hives had eppnlcdly received n plurality nf the voles I'the House, they inii; li t he onnsidered n '"Cted; pluralities Heeled in many of the States; limy did in North Carolina. Mr. Pntton coined this idea, declaring i hn t he should like to have n vote on it. lo ee how those in liivor of the democracy of numbers would act on the doctrine t tint . he voles ofa minority of the House were d.'cidu nn election. Hut ns the re.-olu. ' ion only consumed time, he would move io In v it (us ho should all similar ones) on .he table. It was laid on the table without a count; und Iho House proceeded to a Tenth Ballot. Total number of voles Necessary lo a choice For Gules & Sonton Blntr Ai It'vcs -Thomas Alien 229 1 15 21 105 03 Blank - - - Clark foForco - - 2 Then; bum;,' no choice, the House went into the Eleventh Ballot. Total number ol votes Ncces-ary lo n choice For Onl's eV. Kenton Blair & Ii ivea Thomns Allen 1 13 n 102 111 Blank 2 Clark,? & Force 1 D. Green 1 There being no choice, tho House pro cecded lo a Twelfth Ballot. Total number of votes Nice--ary lo n choice For Gales- & Scatnti Blair &. Rives Thomas Allen ;i3 3 101 1 13 Scattering 2 And Thomas Allen was declared to huVe been elected. Friday, Sept. 8. The Vire President ilns morning an nounced the appointment of the following Committees : . Foreign Relations Messrs. Buchonan, T illmndge, King, of C-a. Clay, of Ky., Rives. Finance Messrs. Wright, Webster, Nicholas, Benton. Hubbard. Commerce Messrs. Kmg, nf Alabama, Davis, Blown, HoL'gles, Norvell. Manufactures Messrs. Nile?, Buchanan, Preston, Strange. Pierce. Agriculture Messrs. Smith, of Conn., Sprnguc, Ii'no. McKean, and Black. Miioary Afl'iirs Messrs. Benton, Pres ton, Tipton. Wall, and Allen. Miiuii Mews. Wall, Swift. Clay, of Ahibanin.M.oiiton. nnd Smith, of Ind. Nnvl Affairs Messrs. Hives, Southard, TiiUniadgo, 'Gnlhbor!. and Wi'hams. Public Lands Messrs. Walker, Fulton, Clnv. of Alabama, Roane, Pronliss. Private Land Claims Messrs. Linn, Sevier, nnrd. Monlon, Lyon. Indian Allans- Messrs. White, Sevier. Tipton, Lmo, Swilt. Judiciary Messrs. Grundy, Morris, King, of Ga., Wall. Chytori. Post Ollice and Pm't Roads Mesrs. Robinson, Grundy. Kuighi. Brown. Nilos Roads nnd Canals Messrs. Tipton, Melvenii, Nicho'as, Young, Willmms. Mr. White nnnounced ihe deatli of the lion. J. Siuodifor. The t-evcral portions of tho Message were referred lo iho appropriate. Commit tees. A memorial wns presumed by M'r.Nicho Ins, I'nioi ilio Chamber of Comineree, New Orleans, piuymg for a Naiional Bank. Itulerrrd iluU-E or ReI'UEs'ENTATI VES. Fridav. A resolution wa ndoptrd to Ihe (fleet thai iho I loose no its ri-ing do ndj uirn ti Monday next, by which lime ibo Spf.oike' would hnvo prepared tho list of Siamling Coinmitlees. An anieiidment, was ofl'jred by Mr, Rub orison, of Virginia, to the resolution of Mr Riddle, which was read ye.-ierday and or dered lo lie on the table ono day. Tin resolution requires (ho Secretary of J., Treasury lo Mnio whether thu letter receni ly published, nnd purporting In bo from him. io r.'lnnou to paying members in specie h. nil' hem iu. The amendment, proposes in extensive and particular inquiry, at to who' distinction, if any has been made ainnuj. oilier ciuimants on iho Treasury. Th' niii H.ni ol Specie pnid since May inet, tin mini now on hand, &c. Il was in id on tin iitolo with tho resolution, which will piob chly lie ailed up op Monday. On ibi ilenlh ol'Hio lion. J. Slaudif'r, being an liounced byMr. Bell. I he House ndjouTned Paiities in Conuiikss.---Thu correspon dent of the New York Journal of Commerce says of tho impression mode by the Presi dent, It hns drawn Ihe line deeply and broadly bet ween the conservative, and the radical administration men. It has drawn the line in the Senate, ns well ns in the House; and in both houses, the radicals, or those who support the doctrines of this tnessnge, will ho in tho minority, from thf; beginning lo the end of nil the proceedings on the leading subjects to which it relate. The whole present force of Ihe radical party in the house may ho slated at. 10.5; ami, ol course, tho grand scheme of divorcing bank from stnto, nnd estnblishiug n government currency in distinction Iroui n national cur rency, will have n majority of 30 against it, in a lull House. WHAT DOES TUP, PRESIDENT PROPOSE? Thu President's Message is chiefly an elaborate and labored argument lo prove Mint the money of the nation should be withdrawn from the Banks, and dapojitod with Treasury Agents. To us Ibis grand chomo seems a paltry ar.d pitiful all'nr. Whether the money bo entrusted to Pet Banks or Pet Agents, can make very little difference lo tho' people. So long ns tins vast fond is siibj ict to Ex ecutive control so long as it is a f mtituin nf corruption at which iho friends of the administration arc to slake their ouhailow ed thirst, it is wholly immaterial whether the President or Ins Secretary directs its channels, or whether it. fl iws through u Collector of th" Cu-toms. or the Director of n B.ink. Although, ns nmong rotten apples, there might indeed, lie a choice between these ,lwo modes of demnralizi lion, the dilljreiice fs loo slight to have warranted a special call of Ihe Represen tatives ofiho couu'rv, and the nllvam.igc of one over the other a miserable comfort to a suffering anil disirncled oeople. Let those settle the matter, who, hav ing the rerpoo.-ibilitv of Ihe government and the power of the people, can devise no oelter means of deliverance from the dan germ which we stand', nod the anticipated ruin' to which their policy his brought us. But thero is onejitlier part of the MfS- sage small indeed m the space wliirh H occupies of ibis st cadge communication, which fills us with apprehension and alarm. 'If. says the President. I refrain from 'suggesting lo Congress any specific plan "fur regulating the exehangesjtf the conn 'try, relieving mcrcauti'c embarra-sinouts, "or interfering with the ordinary opera "lions of foreign or domestic commerce, "it is from a conviction that such incas "tires arc not within the constitutional "province of the General Government, nod "that their adoption would not promote "the real and permanent welfare of those "they flight be designed to aid." Fortius abandonment of tho-great in terests of the country, we confess ourselves wholly unprepared. For this prostration ol those objects in which all classes of tne community are to some extent concerned, and for which, ton very great degree, gov ernment is instituted, no warning bad been given to us by tins'1 policy of the la.it ad ministration, in whose footsteps the tire sent was to tread, nor in tho former can nous and time serving ..movements of the incumbent, of the exc&iVive chair.-. At the jirescni moment the exchanges of the country are deranged ; foreign and domestic commerce is at n stand still, nod evils unprecedented and mymberles--, which need no rcpcliiion lo be fully understood, :i fP ct almost lo ruin every class of our cit izens. The President mocks at our calamity, and laughs whejjt our fear coineili. No plan for relief is wiihin tli consti tutional province of the General Govern ment ! ! ! If it bo so, tho Qoncral Government is not worth preserving. lis constitutional province once the admiration ofjhe worhP is more contempt, We than a German unp. cipnlity.nnd its power, useless "'for do inestic tranquility!1 or "the general wel fare," is mighty only for nun. I thjjjth.. doctrine of iho costitulimi ? We Ihinnoi. The evils we are suQeriug aroto n great extent caused by the action of the Gov eminent itself, nnd hence ihe Government is hound to provide a remedy. Under the express provision of the Con stitutton, Cougress is to regulate com merce. This commerce, regulated accor ding to Iho pleasure of Congress, is the foundation and nlmost the exclu-ive source of national revenue. The revenue raised from i he commerce- of the country gives to the Government n Treasury of wealth, with which no individual, no association, and no union of ilirin can compete. Th? government moves an nmonnt of money winch makes u every where the control ler of tho market, nod places nil instito lions, and all individuals, in the relation of exchanges or oreoinmome, compleiely up der its control. It hns but to adopt' one mndo of 1 egi-tatiou, nnd the conntrv is covered with maonfnciuriog establishment Industry is encouraged. Labor prospers Hid private wealth is poured in mm .ridden -i run in of fertility through I he land, Ii changes ils statutes, and desolation follows vi'h Ihe evil-- of idleleuess and poverlv. It cannot move, nnd i cannot refrain from moving, without nfl''cling to nil ex tent of creation or ruin, nil iho industrial eapaetty ol I he count ry, and it has nevr moved or ceased to move, since Ihe const . union was adopted, without opornimg on Ihe exchanges of tho country, nnd on the condition ol foreign nod domestic commerce 'ind on every inlere-t, manufacturing or mechanical, commercial'or agricultural, by which individual prosperity is promoted. Il is needle, s to nun-no this subject m its details. They were discus-ed ably and hilly when the T.irifi'qiiostinus were before 'he people. The result of the polnicnl disquisitions ol Ihat-'iulekrest1iig period sel 'led ibis tact io iho unanimous conviction d' mankind, ihnl the action of tlm Govern ment would determine lo all liiiuro lime 'heindii. trial character nf tlm country. When the Hank of the United Suites was estnbli-hed aga n whfdi Iho Veto o' President Jackson luruiinaleilii s existence once more when ,11m )..posiles wore withdrawn nnd yet'igain when llioTreas ory Circular was issued Iho operation nf he Government on Iho exchanges and the oininerce of the country was nowerfollv 'ell. nnd if wo nre not mistaken, was in tended to bo fell in nil its force to the ex trcmity of thu country. But it is unneccssmry to cnumerato the successive action of the Government on the interests of commerce, the cniirsofl 'of exchange, and the stnto of the currency. Tho great struggle has been toforco up on tho peoplo a hard money system of credit by which, through the instrumentality of Hie National and State Banks, the affairs of our extended commerce had been suc cessfully conducted. But now when tho cmpyricnl eftorN of conceited and ignornnt charlatans have Ih'own the whole country nilo confusion, and the skill nnd ability of the Cabinet is wholly at fuull in devising a way of relief, we nre told wn.li Ihe coolest indifference by the President, thai exchanges nnd com. uierco hrc'fno nfTatrsif the Government, tijfd Mint tjio njiTrchnnls, if there are ft no 'Jhaoy'.of iheminnst go back lo the plough. The plough, without tho loom, might as well be drawn over the storilo sandJ of the sekn shore, as over Iho rich fields of the West, and the loom and plough together ifiay be biirird in the ocean whenever tho commerce of tho country shall fail of pro tection uyder the National Govertncnt. ' .The ilWirino of Ihe President in the little significant paragraph we have quo. ted is entirely lie a. But its novelty is not i's worst ll'ature. It is an abandon ment of the great, objects for which the Constitution wns formed and the Govern ment established. It is a declaration of war against those extensive interests, in whose prosperiiy alone the people can find their hapiuness n war more cruel and fa tal than if it wns openly preferred and bold ly declared. It is the ilesl rucllon which eomi's bv neglect, and Ihe starvation ofa f'.miiie following the crisis of n fever. The administration has fostered the sends ot all the evils wo are sullerlng; their course of policy has deranged the exchan ges nnd nnnihil ited commerce Their sense. Ies hostility io the Bank of the United S'ntes has converted the hest currency a nation ever enjoyed, into Jhe worst and their quackery with credit system to pro vide a metallic basis, has resulted in n confusion, in which the metals and caedit Invc alike disappeared. Instead of retrn cmg I hen steps, nnd bringing back the the prosperous times which their folly has ohlllnrnlnd. .lfinv loll in lli-it 1 1 1 . v hnvn ! NiJ SPECIFIC FLAN Foil UEI.IEF, from a con viclion that .no such plan h will. in the consliiuiioiial pro'vince of the General ftnvnrnin.ini I 1 ki. ' KKIDAY iUOtlNINn, SEI'I'IJMUEIi 15. The iie?ult. The last Wntchinnn contains returns from 203 town?, in which the representation stands thus: Whigs 1 IS, Tories "5, doubtful I six towns not represented. The vote for Governor in 130 towns, gives Jettison about two thou sand majority including' but few towns in Rutland and Addison Counties, where the Whig majorities are largo. Gov. Jon isou's majority will not vary materially from thai of last year. Whether Treasti. rer Clark is elected or not, is a matter of some doubt. Wo rather Xhutkhopr, that's the word that hois not. Senate There have been changes in four conn, lies this year. The Whigs have lust ihnc tn Orange, but gained two in Bennington, one in Franklin and ( ne in Grand Isle ; thus making us two votes stronger io thr.l body than lost year. Whigs 20, Turn's 10. There's no misink about Ycruior.t be it known in all the world. Si'EAK'En. Air. Coolnlge, wo perceive, is not again a member of the House. The election of n Speaker will therefore he among the. first duties of that body. Al ready has tho subject alt racled some atten tion in this quarter, and we have heard several persons named as competent to that important ollice. Prominent among these, however, is Mr. Tuacv, of Hnrt ford, whose experience, talents and integ. ritynretoo well known and appreciated not to command the respect of all parties. He has been for several years a member of the house, and. as a popular speaker and nn intellectual man, ranks second lo no one in that body; while Ins quick perception and ready decision seem peculiarly lo quul. ify him. in Ihe estimation of those best acquainted with him, for the responsible station to which we allude. For one, we should rejoice lo see him thus honored. Co.Noni'.ss. Neither house wns in so-, sion on Saturday. On Monday the speak er uniiounccil the committees. The Com mittee of Finnnco consists of Messrs. Cnnibreleng, MeKim, Owens, Flelcher, Jones, Ilnmer, Sargent nnd Rhclo lo whom, on tool ion of Mr. Cambreleng, ihnl portion of the messngo relating to the finances of Ihe country was referred. OPINIONS OF THE MESSAGE. Tho nut num) Intelligencer says of it : It is a document confined lo the special purposo for winch, it nppenrs Congress wns convened. It columns very distinct roc ouiinoudoiioiis, oinbrncing substantially the scheme of which the shadow was cast be fore it from Iho hanks nf the Si. Law rence by a distinguished personal and po litical friend ol the President, Ii.js n scheme of which we have in part aTrendy .Xpres'ed our opinion. We hnvo to-day only lime and room hero lo say, that it is mil probable lint it will ever receive the' lineijnn of ho Reptcsentnlives of Hip People." Tho Ballimoro Chronicle says: "In style it is verbose, obscure, iuelegnut. Ii is liable to the objection which has been urged against all thu productions of ile author, of a want of directness, honesty, sincerity and boldneM. But this U not its chief fault. It exhibits the highest Exc cut i vo officer of our Government in open league with politicians, thu atrocity of whose political lonela has given them a distinction senrcely less infamous than that which would atlach to the open advocates of immediate agrarionism. If we say we regret this, wo say it, because we arc sen. silive for tho honor and character of our country. For wc nro Tully persuaded, thai, in this country, the taint, tho plague spot of loco fucnisin is not yet so widely spread but that the Chief 'Magistrate who permits it to decide Ins political conduct, is destined to ho consigned to private life at the very first return of the period when the people have Iho constitutional power of terminating his public career." The New York Mercantile Advertiser, says: "From beginning to end. it is evi dently an electioneering circular full of hollow and tinstalosmanliko views such precisely as an Altorncy General ,might put forth, who was called upon for an op in. ion lo sustain the measures of a weak nnd corrupt administration, and to make the worse appear the better reason.' As how ever, the avidity Willi which it has been looked for, will induce all to give it a thor ough reading, we forbear further remarks until to-morrow, on this hypocritical and contemptible Message." The Evening StiKJay : "It is anv thing but satisfactory, we may say, to the fricrVds ns wen as ine opponents oi me "(imtnisW7TfjxpI.,nIME;s:Tgpo l rat ion. It is a message written te redfjem the personal pledges of the President written in obedience to tho will of his predecessor written in payment of the office he now holds, and what is most sin gulnr and extraordinary very few if any of the suggestions contained in the Message, does Mr. Van Buren either hope or wish to carry. But it is both right nnd proper that the world should take the message prima facia as Ihe sincere wishes and onx ions hope of the President at this alarming crisis of affairs, nnd what a story docs it tell of his chnrnclcr, his capacity and Ins honesty. To divest it of all ambiguity, land to translate it into plain English at mice, such ns nny nian can understand, he sriyS : l'U'earc in a bad condition credit is prostrated the Danki have suspended-- the merrhnnt.i arc bankrunlthe cold and silver have disappeared, and things look slommi all around We have no time to examine how these things have been brought abnut. Let us cut loose the government from the people take the public money into our own hundi, and Id the people gel on as welt as th'.y can ! ! This is the meaning of the Treasury agency recommended by the President, which he knows Congress will never sanction, and which in fact cannot be 'auctioned without at once destroying i he liberties of the country." The Albany Evening Journal says: "We will not, to day, go into an examina tion of this vile, profligate, incendiary message. But wc will in the most ii n qualified terms express our abhorrence of Us doctrines and our detestation of its Au thor. We have ever regarded Van Burcn as the scourge with which this Republic wus to be chaMiseil. Corruption and mis rule lias marked every step in his career. But the People would follow their idols, and now they are "ground to powder." In this me-'.-age, is a coufes.-ion of the titter cud signal failure of the Administra tion to furnish "A hetteh cuiiuecv." All i heir solemn pledges nro forfeited. And now, after one of his "Experiments" has overwhelmed ns in ruin, Mr. Van Bu ren asks Congr-'ss to try another nnd that other the "untried expedient" which Silas Wright suggested! The following is from the Times, the leading adiuinii ration paper in New York ; "Oor readers will have perceived, before this sheet reaches ilium, thai the senti ments of President Van Burcn, in relation to the establishment of Sot Treasuries, are in direct opposition to what we have con ceived to be the views of a large majority of his political friends. While wc admit that thu arguments ho adduces in support of the proposition are able nnd ingenious, they have failed to remove in our minds the serious objections which have been heretofore urged against the system, and which wc contend nre irrefutable in their nature especially as to ils adoption at the present crisis," Tho Globe, per contra, says: "This important document is iho boldest and highest iaiiil ever tnken by a Chief Mag istrate in defenco of the rights of tho peo ple. Wo consider it n second declaration of independence. If maintained by the people, it will deliver them from the paras mount moneyed power of Great Britain. If ils principles aro surrendered, our po. liiiral institutions must sooner or latorsink ejpil'r Iho Fordid influence which alone has conquered, in another heniisphorc, the free spirit of iho A nglo-Snxon race from which wo sprung. Whatever may bo the event, the Message will 6tand an inipcrish ablo momuiiicnt of iho genius, firmness, probity, and patriotism of its author." rOnc of the chief pcculiarties of Mr. Van Buren's message is, that it is not a fair and utatesman-liko presentation of tho case, but from beginning to end, a lawyor like and nno sided argument, pressing his own peculiar views closely upon the alien lion of the reader, and neither disclosing nnr attempting to pnllinto the objections to his plea. This kind of reasoning is worthy the vocation of a pedant or a petti logger, but not becoming in tho Chief Mngislrato of .a great republic Dost, Allan. ., So far ns measures of relief arc concern, cd, Congress might as well not have been convened. Nothing is recommended but a temporary issue of Treasury Notes,. and this too by nn Administration which was to shower tho Peoplo with Gold and Sil ver! Instead of relief, Mr. Van Burcn tells tho People that they must take care of themselves. "Communities," says this enlighlenal Chief Magistrate, "nre apt to look lo Government for loo much." Those, ho continues, "who look lolhe Gov. ernmcnt lo relieve embarrassments arising fryni losses by revulsions m commerce and crcdily'losc sight of the ends for which il was created." But do the People ask "too much" of a Government that has caused these "revul sions in comincrco nnd credit?" The Government has interfered with and dc. slroyed our "commerce and credit." Shall wo not, under such circumstances, look to the Government for relief? Shall wc not demand to be put back upon the ground of general prosperity which wo occupied wiicn tic tjovcrnment commenced its And when that relief is refused when that justice is denied, shall wc not hold the Government isem-on. 'inrTii for the distress and ruin it has inflic ted? PRINTER TO CONGRESS. The House of Representatives yesterday brought to nn end n contest, which had lasted for three days, by electing Thomas Allen, Editor of the Jladisonian, to be Printer to that body fur the present Cong gress. Every intelligent observer of the pro gress and incidents of this election will discover in it the evidence of n struggle between two great parties, prevented Irom mastering each oilier in tho contest by the prcsenccjdf n.third party, of small strength, but great spirit, that third parly being no entity nf recnt origin, but having decided ly more affinity iV tho Whigs than to tfie parly represented by Ihe Government paper, from whose side it has been created. The Whirs of the House of Represen tatives manifested their f .j it Ii by voting steadily through the whole of Ihe'first day lor Ihe candidate whom they preferred. They would probably have voted io the same way up to ihis tune, but for consider, atinns winch had great weight with ihem. and which Were entitled lo it. It cntrm to bo understood by Ihem that tho supporters of the Mndisonian could not bring them- selves lo vote for the Lditors of I lie Na tional Intelligencer, which has been f.i long an antagonist of the parly by which thev wero elected lo Congress. Thev iioght. perhaps, mi pis aller, after a tedious struggle, have given voles enough to make n nnjority in their fnvnr. Meantime, however, Ihe public interest was sufi'ei mg ; Ihe business for which Congress has been specially convoked was lying cold on Ihe Clerk's table, and. if the friends of all the candidates stubbornly held out, miglp tlierp lie for no indefinite tune, keeping ilm whole country in n stnto of suspense nnd anxiety. The Whigs, apparently reason ing in Ihis manner, appear to have come, one nfier another, to ihe conclu-ion, (which the country will probably consider as the wise one.) ns the "Conservatives" would not unite with them, to unite with the "Conservniives,"-and elect their man. Thu mornl of this story i. that, the pre diction which wo made on Monday last, as to the probable exhibition of an indepen dent spirit on the part of Iho present House of Representatives, is already realized. The votes of the House, no several ques tions, by yeas and nays, shewed a clear mnjority of about 25 votes directly con detuning and rebuking the whole scheme embraced in the Into Message of the Presi dent, nnd genernlly Ihe doctrines which have been proinulged ihrnugh official clmi. nes as tho-o of the Admmistrn'ion. since ilm sii-pcnsion of specie payments by the Bank-'. Mr. Allen, wo hnvo stnted. has been chosen Printer to the House. But, to save the necessity of explanation herenfier, it ih perhaps proper lo anticipate inquiry, and state, thai, as Mr. Allen s eslnbli-hmenl hern is of recent date, he has nut had lime to build up si.ch an office ns is required for Ihe business of the House of Representa tives. I ho printing will therefore oe ex ecuted for him, for the present, nt the office attached to Ihe establishment of tho Na tional Intelligencer, in which the same work has been heretofore executed, when its proprietors were Printers to the House, Nniinnnl Intelligencer. (TJpGcneral Jackson, upon one occasion, snid I lint "n7 who trade on borrowed capi tal ought lo break." Maiitin Van Blmien snys that "none oppose il i ho credit system Win love their country and understand its welfare." The "roaring lion" will Mmfi' the wind nt this back. handed j,w 0f t)L. mousing gramalkin." DjVan Bukf.n attributes tho present cinbarrnssinenls nmong other causes, to luxurious habits." Did tho "luxurious habits" of the government which induced it to expend so many thousands upon the "east room" in Iho White House nt Wash ington, produce tho embarrassments which it experiences ? DTTho President thinks ihnl public ofli cers would keep safely the public money. nocaiiFO l Hoy aro "bound by official oaths," wonder it the tlirco or four hundred post master defaulters wore of that opinion ? II TREASURY REPORT. This document is altogether too long for publication entire and wo therefore givo an abstract of its contents. The aggregato receipts into tho Treasury for tho Inst half year ending July 1,1 837, are stated to be $13,107,102, and iho estimated receipts for the next half aro $9,500,000 : making the receipts for the year with rcasonablo de ductions for the postponement of payment on bonds -ascertained ond estimated at $20,857, 319. Tho expenditures for tho same period, including civil, military, pen sions and miscellaneous, are estimated at 16,733,884, and expenditures required to meet existing appropriations nro estimated at glG.000.000; making for the whole year g32.733,084. There will, according to this estimate, bo a deficit of receipts to 1 meet expenditures of $5,87G!5G5. Tho Secretary then recommcds an extoiis'ioh '&f Custom House bonds for six months, and, in effret n repeal of the doposito bilj so far as the instalment on the 1st October'-next i? .concerned recommends the issue of 'iVcasDry Notes to pay for the appropria linns and expenses of the government and gives tho details of tho Sub-Treasury scheme spoken of in the President's Mes sage. The following abstract of tho rcsi duo of tho Report is Irom tho Commercial Advertiser. Tho sixth head is "Iho settlement with tho former depoite banks." It is staled that under the ndvico and warnings of the department, n great reduction in tlic circu. liit ion and discounts of many of the deposite banks, .and a considerable increase of spe cio, wero efi'ectrd bo'ween the .selection of Iho bnnks and the Inst returns before the. suspension. The nvernge of specie wa more than one to three; and the decrease nl'specip, from Nov to May. "as only from 15 to 13 million', while their circulation had fallen from 41 to 37 millions, altbou"h they hnd paid out more than 20 millions "of the public money. The policy pursued by most of the de nostto banks, since the suspension, has been favorable to an early resumption, and discharge oftbeir obligations io the treas ury. Since the 1st of May. inmr discount have been reduced CO 3D8.77G. their circu lation .1,091.791. their public deposit ps i:,, 007,3 1 G. nnd their specie less than 3 000. 000. Of the G banks, io or 1 I have paid over n'l their deposiies of public, money; byt 700 000 remains with half the remain der; and the whole amount in nil, i? only 12.-113.041. Legal proceedings have been commenced against 9: and steps have been taken to obtain additional securiiy from some others. On the whole, the iiltiimin loss to the treasury is expected lo be small, if any. The expediency of measures by Con gross, to hasten the resumption of specif payments, is sogge-ted ; and also that the defaulting hanks be required to nay inter, est on their deposiies where they have loaned them not on interest. Tne situation of the banks io the South West is the worst; in the Western nni! Eastern and middle stales, the nbdoy of the banks u, su-tnin specie payment's i greater than has been customary in (hi country. The average of spncie to circulation is as one to two, nod one to three of means t liabilities as one to three. The export of specie since May lo.shown hv the eostnm-hou-e reiorn-i, has been 3 . 70n.320-imnorl gj. 140 000. Both export and import have doubtless been entisidura bly greater io reality. A bankrupt law. "applicable to nil hntk. or nl all events, to all employed y the Treasury, is suggested as expedient. The seventh head is "the money receiva bio for pub'ic dues." Nearly two columns are expended nn the subject, the amount of which is, a suggestion io Congress in authnnz"the issue of Treasury certificates, piyablein specie, but not bearing inierrst, lo be employed m connexion with gold und .-liver, .ind only where some sirong reason of convenience exists for iheir adoption. Mint certificates are also suggested, and the ordinary drafts of the Treasury depart, ment. The amount of gold and sliver re. quired lor iho public service is estimated at Irom 8 to 10 millions only ; and ihe wholo amount for the use ot the whole people, in a sound state of business and prices, at only 1 10 millions. Two or three columns of matter prepar ed for last week, is inserted on our first page. It is said thai. Ghnlsnn, ol Mississippi has challenged Webb, of the Courier. ID Van Boren says "it is not the legiti mate abjei I of the Government to mnke'men rich" Consequently our government has acted upon Iho ground, that what is not sanctioned is forbidden ; and so have gouo lo work to make men pnnr. Tho gentleman who in tho Vermont Chronicle undertook to criticise the mu sick, on the laic commencement occasion in Burlington, finds two faults; ono was "singing too fast" tho other, "singing too loud." These faults he finds particularly or wholly in the passage lo which ho al-. hides, in "Tho Child of Mortality," which passage, he says, was sung "ns fast ns pos. Bible," and a good deal louder, sn much so that il produced "screaming," &c. Now Mr. Editor, it is I think, almost cerlairj that our critic was a little nervous. Thc gentlenian was very much mistaken in both points; for in the first place their was no icreaming; nor secondly was the pas sage sung any faster than it required; nor. any fnsler than the author of Ihocco intended it should bo sung. Tho gentle man has unfortunately betrayed much ig. nnrnnce, and perhaps had better relinquish all future attempts at criticism on music, until he is belter acquainted with tho 6ub ject Communicated,