mote, but are, from the nature of their deal ings, .best able to know when specie will bp . needed, and to ptocure it with the,least diffi cufly or sacrifice. Residing, too, almost u niversally in places where the revcjui'eis re ' ccived, and. where the drafts used by (he Government for its dibbnrsmenfh must con ccntfate; they ; haye eycry opportunity to ob tain and use them in place of specie, should it be.for their interest or inconvenience.— Of the number of these drafts, and the fa cilities they may aiford, ns well as the rapid ity with which the public funds are drawn and disbursed, an idea may be formed from the fact that, of nearly, twenty, millions of dollars paid to collectors and receivers du ring thepresent year, the average amount ifi their hands at anyone time has not exceeded a mil lion and a half; and of the fifteen mil . lions received by the collector of N. York alone during, the present'year, the average amount held by him, subject to di-aft during each Week, has been less than half a million! The ease and safety of the operations of the Treasury in keeping the public money, are promoted by the application of its own drafts to the public dues. The objection ari sing from haying them too long outstanding, piglit be obviated, and they yet made (o af foid.to merchants and banks holding them an equivalent for specie, and in (hat way § rcatly lessen the amount actually required, till less inconvenience d'ill attend the re quirement of specie in purchases of public lauds. Such purchases, except when made on" speculation, arc, in general, but single transactions, rarely repeated by the same person; and it is a fact, that for the last year and a half, during which the notes of sound banks have been received, more than a moiety of these payments has been voluntarily made in specie, being a larger proportion than. . would have been required in three years un der the graduation proposed. ft is moreover a principal, than which none is better settled by.experience, that the sup ply of the precious metals will always be found adequate to the uses for which they are required. They abound in countries where no other currency isallowed.i In our own States, where small notes are excluded, gold and silver supply their place. When driven to their hiding places by bank jns pensions, a little firmness in the community soon restores 'them in a sufficient' quantity for ordinary purposes. -Postage-ami other public dues have been collected in coin, without serious inconvenience, even in States where a depreciated paper currency has ex isted for years, and this, with the, aid. of Treasury notes for a part of the time, was done without interruption during the sus pension of 1837 - . At the present moment, the receipts and disbiirsments of the Govcrn rtient are made in legal currency in the lar gest portion of the Union—no one suggests' a departure from this rule; ami if it can now be successfully carrier! out, jt will bo surely attended with even less.dififcftjty when bank notes are again redeemed in specie. Indeed 1 cannot think that a serious ob- jeclinn would any where bo raised to the re ceipt and payment of gold and'silver in mil public transactions, were it not from an ap prehension that a surplus in the Treasury might withdraw a large portion of it from circulation, and lock it up unprofitably in the public vaults. It would.not, in my o pinion, be difficult to prevent suc.h an incon venience from occurring; but the" authentic statements which I have already submitted to you in regard to (he actual amount in the public Treasury,at any one time during the period embraced in them, and the littleprob ability of adiflerent state of the Treasury for at leaft some years to come, seem to render it unnecessary to dwell upon it. Congress, moreover, as I have before observed, will in every year have an opportunity to guard a gainst it, should the occurrence of any cir cumstances lead us to apprehend injury from this source. Viewing the subject in all its aspects, I cannot believe that any period will be more auspicious Ilian the present for the adoption of all meastiics necessary to maintain the sanctity of, our own engage ments, and to aid in securing to the commu nity that abundant supply of the precious metals which adds so much to their prosperity and gives such increased stability to all their dealings. In a country so commercial as ours,:banks 1 in some fonn will probably always exist; but this serves only to render it (lie more incum bent on us, notwithstanding the discourage ments of the past, to strive in,our respective stations to'mitigate the evils they produce; pi take from them as rapidly as the obliga —tionsofpublic faith~and a careful atipn of the immediate interests of the com munity,will permit.; the unjust character of monopolies: to check so far as may be prac ticable by prudent legislation, those fen. pta tions of interest and those opportunities fori - their dangerous indulgence.wbich beset them i on cyery side, and to confine them strictly to the perfonnance of their paramount dutyf that of aiding the operations ,of commerce, rather than consulting their "own exclusive advantage. These and other salutary-re forms may, it is believed, be accomplished without the violation of any of the great principles of the social compact, the obser , vance of which is indispensable to its exist ence, 'or interfering - in any way with .the useful and profitable employment of real capital.- - . : ...Institutions "so framed have existed and still exist elsewhere, giving to commercial intercourse all necessary facilities, without inflating ..or depreciating the or stimulating speculation. Thus ing their legitimate ends; they have gained the surest guarantee for their protection and encouragehaent In the good will of the com munity. Among a people so just as ours the same results could not fail to attend a course. The direct supervision of the banks belongs. frnrn (he nature of our Government, to"the‘States who authorize • the®. ■ It is to their Legislatures .that the people must mainly look for action up that subject. Bat as.the'conduct of the Federal Government in the management of its reve nue has also a powerful though less immedi ate influence upon them, it .becomes onrdu ty to see that - a proper direction is given t; . t h. ■ ’ ! ' '['■ Expenditures’ in the '■Department .of the Treasury.— Messrs. ( . Evan's, Atherton, Os borne, Warren, anti,Jones of N.Y. . Enpenditur'es in the Department of War. —Messrs. B. Garland of Louisiana, How ard, Wagener; Holmes, ami Cooper of Pal — Expenditures, in the - Department of the Navy. —Messrs. Saltongtall, Vanderpoel, Simonton, Greene, and Gerrv., CARLISLE: tiurn.siMV, j.vxuAit v ». leoio. OfTK FJO.tG. “Now_our.fl.ig is llunK to tlie wild win'd tree; Let it float oVr our ‘father hind,” And the piiai'd otHts spotless fame shall be Columbia's chosen cm ml.'" FQK PRESIDENT IN 1840, MARTIN VAN BUREN, • AND AN INDEPENDENT TREASURY. STANDING COMMITTEE MEETING, TWO OF TUB COMMITTEE; December 24, 1839. ERS FOR THE YEAR .1840. OF THE POOR FOR 1840. . . CONGRESS.—Nothing of importance hasyct been done in Congress. . On Monday,, the 30tb ult., the Standing Committees were announced in the House—after which Mr. Wise made an inef fectual effort to suspend the Rules to enable him to move Resolutions against the consideration of Memorials, touching tlie question'of Slavery with in the District of Columbia. .This brought on an animated discussion which lasted until tho ad joumment. . ,i - Od Tuesday, both housesjadjourned to meet a gain on Friday last; in ordffllio afford the mem bers an opportunity of taking a Now Year’s/ro/if. On Friday, tho day was principally occupied in tho Senate with a longhnd eloquent Sparring match between Messrs. Calhoun and Clay'onjtbo. sub ject of a’land bill, which distinguished for its personal abuse, wit and satire. Mr. Clay was worsted in the. intellectual combat,' and'acknowl edged that his race, physical and political was almost run. In the House the day was also spent in an an gry debate between Messrs. Bynum, Jenifer and Stanley,.which was finally put a stop to by tho Speaker. Bynum and Jenifer, it will be recol lected by many of our readers, fought a duel some three or four years since, which will account for the present disgraceful Jlarc-up. THE SPEAKER AND THE STANDING We, presume that by this time those democratic papersjlmt boasted so much of Mr, Hunter’s friend ship for the administration, are pretty well satisfied that they have been “barking up tho wrong tree. 1 ’ fhe fact is, that, with the exception of being friend ly to tile Independent Treas'ury, lie is to all intents and purposes as much of a federal whig as the ‘ most fastidious of that piebald party could desire. To prove this just .cast your eyes over tho list of Committees, and you will at once perceive that the democratic party has little, if any thing, to expect at his hands. Of the thirty-three Stan ding Committees, twenty-two have Federal Chairmen —-hea have nine only have Democrats! His actions ever since he took • the chair, have inclined againslthe administration; and the federalists do not hesitate to claim him (and justly too in our opinion) as their Speaker exclusively. The democratic members were caught napping for once when Mr. Hunter was elected, and they will have to submit with as good graceas possible. They have a clear and undisputed majority of six in the House, at the .present time, a. d after the lapse of a few weeks it will, in all probability, bo swelled to eleven by the accession of the N. Jer sey democratic members. With such, a majority at its disposal, tire Administration party can easily reverse the decisions, of the Speaker, when neces sary-—and if select Committees ore to be raised, tho House can very readily takc-the appointment out of his hands and elect them itself. So that 'after-all, notwithstanding the Speaker is against its, if the democratic members are hcreaftef united such measures may bo carried through as the peo ple require at the hands of their representatives. New Yeab’s D.vv in Washington.-Tlic Nation al Intelligencer says: “New Year’s day was ob served as a holiday bjr Congress and all the pub lic offices, and pretty generally by others. The President received visiters as. usual cn that day; and many members of Congress,'including the leading men of all parties, with the members of the Foreign Legation generally, tire Heads of Departments, and officers of the Army, and Navy and citizens, strangers as well as residents, paid their respects to the Chief Magistrate, by whom they were courteously received.” «, Horace Binnty,-Esq. (cue of the great federal bank lawyers in Philadelphia,) has refused to re ceive the depreciated paper of the U. S. Bank, from tho city autlioritics, in payment of a debt of $30,000 due him by tho corporation, and insists thatJlie city shall pay him in “lawfitl money”— alias gold and silver, .Verily tlieMamihoth must be In bad credit indeed, when a refusal to receive its paper comes from aUch a source. ’ liurtal of. a Warrior.— A letter from an officer of the U. S. Army, dated Fort Towson, (Ark,) -Bth Nov., states, that. Gen. George Culvert, tho head chief of the Choctaw nation, one of their grea*. cst warriors; was. the' day previous, buried with militaiy honors._ 110 was a revolutionary veteran; had served under Geri. Washington in. our strug gle for independence, from whom ho received a commission of Major of militia in the U. States _ service, and a sword. He also served under Gen. Wayne—and .likewise.under Gen. Jackson in. the , Florida war of 1814 against the Seminolcs. For hiabravcryGcn., Jackson vprcscntcd-hini-with-a Colonel’s commission, and .afterwards a.sword, when President of the U. States. At the time of his death the old chief was 95 years of age. (hnftssion of Murder. —Ptiiibo (Ann Simonson, wife .of John, Floor, of New Vork, who was ar rested last week'on suspicion of cansing the death of her husband by .a poisoned cake,:has sinco made a confession of her guijt. She alleges as a reason for her crime, that ho had been faithless : to her, .and woul^riot furnish her with the necessary means of getting aiiyelihood. She had purchaL ed arsenic, and put it into the fatal cake. Deep Snout.-—The Baltimore Sun of Saturday * says:—“We learn from a gcntleman.who. arrived here yesterday, that the.snow in the road for Some distance along side the mountain,between Freder- ' ick and Hagerstown, was twenly~onefeet deep! and that it was impossible to get the mail through un til a road was cleared by carting tho snow away. Abmmcdh Sheet, —Alexander’s Weekly Miessen- - gerof the Istinst,, marked the new year ,by ap pearing ina double sheet of enormous dimensions, something.simiiar in size to a a sufficient'quantity of matter, to keep an ordinary reader- employed for a week at lea Bt Its appear ance is also considerably enlivened with several . well executed woodcuts and other embellishments, T’akih^tllasheet its prise on the part of the publishers. .... The Mesgewmrjs published in Philadelphia, at thalow annum payablo m advance. ■ ' Jjxia, the swiadling?Pr6aidcnt sf!tbp Schuylkill Bank, is slillafiigiubo from, justlte. Somarc !ports say that he has.goriq'to keep com pany with SwariWbut, arid Priest;,'x’ : - V . -7 Sev. Geerge G- Coetmim, fotmerly pastor of tho Methodist EpiacoparGhureh'ihtKiS'borough, has ‘ etafe'have^ M^ori(dem;jaleOt«d