the amount of 'the necessary circulating; me ■ diumnn-any country; you thereby double the. nominal.price’of “every'article. •; If, when the circulating medium is: fifty millions, an article should cost-one dollar, it Would cost 1 two,’if, without arty, increase of tho nsea of a citxiUatinejiLeilium,; the quantity ahortlcfj be increased-to one hundred I The would fifi.’prodpced, whether .the circulating medium were specie, or con vertible’ Sink paper Imnghjdwitlr specie.-- It is the increased quantity.df;the,niediuin, ■ not its character, which produces th|» effect. Of course I leave out .of view irredeemable bank paper. . I dp nut pretend that, on questions of political economy, rou.can attain mathemati cal certainty. All you can accomplish is to approach it ag *near as possible, ‘The prin ciple which I havo atatedis sufficiently near the,truth to answer my-present;purpose.— From this principle, I drow-ari inference that the extravagant amount pf'our circuln-' ting medium, consisting, in'a great''degree, of the notes thrown out upon the community' Irreighthundrcd.bartks.was injuriouslnnrtr' domestic manufactures.' In other words;; . that extravagant banking and domestic in'an nfactures are directly hostile to each^wther. I did not .understand that the Senator-from Massachusetts' -Daiis"] contested tljef -general proposition that an increase in the currency of any country, without any in crease of the usca of a circulating medium,- would, in the same.proportion, enhance the price of-all tho productions of that.country whose value was-not regulated by a.foreign demand.. Ho could not hare contested this principle. If he had; all history and allex perience would have been arayed against him. The discovery of the miqes of South Amer - sca, and the consequent v'astjncreasc of the ' precious metals put into circulation in the form of money, have greatly enhanced the nominal price of all .property flironghou.t the world. ; Indeed it is now a matter of curious amusement, to contrast the low prices of all articles three centuries ago, witli their pres ent greatly advanced rates. The Bank of' England recognises, ami constantly acts up on this principle, though often without suc cess. When "prices becomc ao high, in con sequence of a redundancy of paper currency and bank credits, that it is more profitable to cxpnrt'the precious metals from the king dom thgn its manufactures, this, bank cortr stantly diminishes its loans, raises the rate «f interest, and reduces its circulation, with the avowed object of reducing prices to such «i standardjis will render it more profitable to export merchandise than bullion. It is in this manner that the Bank seeks to. regulate, the foreign exchanges. But why need we resort to foreign nations for illustrations-of tile truth of this position, when it has been brought home to the actual knowledge of every man within, this country. Have-we notjiU (earned. by bitter experi ence,'that when' our-periodical expansions commence, the price of all property begins to rise? It goes on increasing with the in creasing expansion, until the bubble bursts; ■and then bank accomodations and bank is sues .are contracted, the amount of the cur rency is reduced, and prices fall to their former level. ■ This is the history of our own country, and we all know .it. A certain a inonnt of currency is necessary to represent the entire, exchangeable property of. a coun try; and if this amount should be greatly in creased, without a cotresponding increase in the exchangeable productions of the coun try, the only consequence would be a great enhancement in nominal prices. I say nomi nal; because this increased price will not enable the man who receives it (o purchase more real property or more of the neces saries and luxuries of life than he could have done before. Let me now recur to the propo-ition with which I commenced; and I repeat that I do not pretend to mathematical accuracy in the illustration which I shall present. The U. States carry on a trade with Germany and France; the former a hard money country, and tlre.latter approaching it so nearly as to . have no bank notes in circulation under the denomination of five hundred francs, or nearly one hundred dollars. On the con ' trary, the United States is emphatically a paper money country,- having eight hundred banks of issue; all of them emitting notes of a denomination as low as five-dollars, and most of them...one,two, and, three dollar ' notes. For every dollar of gold and silver in the vaults of these banks, they issue three, four, five. nnd some of tlicm as high as ten. ami e vert fifteen, dollars of paper. This pro-’ duces a vast but ever changing expansion of the currency; and a consequent increase of the,prices of all articles, the value of which is not regulated by the foreign demand.abovc the prices of similar articles in Germany and France. At particular'stnges of our expan-, sipns, we might with justice, apply the prin ■ tuple which f have stated, to our trade With these countries,- and -assert that, from the great redundancy of our currency,.articles are_ manufactureu : in France and Germany Tor one-hair of theiractual cost in this couh —iry.—Let me present an example. in Ger many, where the currency is purely metallic, and the cost of every thing- is reduced to a hard money-standard, a piece of broadcloth can“be manufactured for fifty dollars;-the, manufacture of which, in our country, from of our paper currency, would cost one hundred dollars.; What ,is" the con sequence? Thfe foreign Ereiic]h- or Germatt '’manufacturer imports this .cloth into our country, , and sells It for a hundred "dollars.- . Does mot every person perceive’ that tire’ re dundarj&y.of our. currency is.equal lb mium of one' hundred per cent, in favor of the foreign manufactures? No.tarm’of pfu tection, unless it amounted to prohibition, could counteract tills advantage.in favor-of foreign manufactures. I -tb Heaven . that 1 could arouse theattention of every man' vfacturerofthepationtothia'liupOrtant subjet our bank n.otes inpayment. Hewilltake nothing hbraeexcept gold and silver,"dr bills of exchange, whichare equivalent. He does to support , his .family, and-jU* ’ his. labor and.irmterials ot-the.same fateof prlcesAyliich.heVecpives for- his-irtari litctures,. On, the .hbjitrary, he'g6e.s ; home, , -pundiases fils- labor, Jiik.wool.aml all iother. ' articles which etjter into .his'.manufaeturey • at half their cost-pi yliU-iounlnyt and-. again, : returns to inundate us.with.fpl&jgnqybllenß,; il pnd to ruin pur,domestic- maiftfajqtqjpfcj’-F might cite many. other exairqijeß;' but>iiii,s, 1 truat. will be sugicieatta draw .'ppblic a'ttehr - tiun .to. :the -subject. ' of . our currency is,'- therefore;, equivalent to a i. direct protection granted to thcforcign over the domestic manufacturer. ,It is impossible that qur manufacturers should _ bo abib to ; sustain such an unequal competition. . Sir, I solemnly believe that if we,could but reduce-thisinflated paperbubbleltp any think like reasonable dimensions, New En gland would become the most prosperous manufacturing, country that the sun /ever shoneppon." Why-ca'nnot yrc manufacture goods,' and espe’cially cotton goods-, which .will.go.’intbsuccessful comjtefitron with Brit ish manufactures ih foreign markets? Have we mif the necessary capital? Have we not .the industry? -Have wo not the machinery? And.above'alli are not our skill; energy, and enterprise, proverbial throughout the World? Land is also cheaper hcrcluanin any other country oh the face of,the earth. ,We pos sess every advantage which Providence can bestow upon us for the manufacture of cot ton; but (hey are all counteracted by the folly of man. The raw material costs us less than' it does the English, because this.is an article, Vtieprice of which 'dcpeiida it pon foreign markets, alidlsnot ’regulated by our-own inflated currency. We; therefore,‘save the freight of the cotton across the Atlantic, and that of.the manufactured.article on its return here. What is. the reason'that, with all these advantages; and with the protective duties; which our laws aftqjrd to the domestic manufacturer of cotton, we cannot obtain ex clusive possession of-the home marjte't, and successfully contend fur the markets of the world?' It is siniply- because we manufac ture; attlie nominal prices of our own inflated and are compelled to sell at thp Veal prices of other nations. Reduce our nominal to the real standard of prices throughout the world, and you covet - - our country with blessingsjspd benefits. I wish to Heaven I could speak in a voice, loud enough tobe heard throughout Netv England; because,- if the attention of the manufacturers could once be directed to the subject,-^their own intelligence and native sagacity would teach them how injuriously they are affected by our bloated banking and credit, system; and would enable them to apply the proper corrective. , .J„ - What is (ho reason that our manufacturers have been able to sustain any sort of com petition; even in the home market, with those ; of British); origin? It is England herself is, to a groat extent, ti paper money , country, though, in this respect, not to be compared with our own. From this very cause, prices, in England are much higher than they arc upon the continent. The ex-, .pense of living is (here double what it costs in Fiance. Hence, all the English who de sire to nurse their fortunes by living cheaply,' .cmigrate'freiTi "their own country to France, or some other portion of the continent. The Comparative low prices of France and Gcr-’ manyhave afforded such a stimulus to'their manufactures, that they are now rapidly ex tending themselves, and would obtain pos session,- itr. no small degree, even of the English homo market, if it were not for (heir protecting duties. Whilst British manufac tures are now languishing, those of (he con tinent are springing into a healthy and vig orous existence! .It, was but the other day that I saw an extract from an English paper, which stated (hat whilst the cutlery manu factured in Germany was equal in quality with the British, it was so reduced in price, that the letter would have to abandon the manufacture 'altogether. , The Senator' from . Massachusetts, after all our experience, doubts whether our cur rency has been inflated beyond the proper degree; and to prove that it has not been-, he says that the rates of exchange upon Eng land have often been below par. T(?is fact does not fend to. prove (bat our paper cur rency is not inflated at’home. Our foreign exchanges are regulated by the specie stan dard of the world, not by the amount of our bant issues at home; and whether they are above or below par, depends upon whether we. are the debtor or the creditor nation.— We ought always to be, and would always be, the creditor nation, if it were not for our extravagant speculations in foreign merchan dise, produced by the redundancy of our paper credits and circulation. Ourimmcnse exports of cotton ought always to produce a balance of trade in our favor; and ;yet this is rarely the case. There Is generally a par ticular period, however, in the progress of each one of 6uf expansions findcbntvactionsf when exchangejs_in_our-fa.v.or.-..This occurs after our cotton and other exports have paid The debt previously contracted to foreign nations; and: before we have bad the time and the ability to get fairly, under way jn a new career of extravagant importations. To. say that this'circumstance proves that our paper currency is hot inflated, is an argu ment which I cannot understand. It proves nothing blit that Providence has provided us aresource in,our vast produclioriTiT cot ton, which enables us to repair the injuries which.we suffer from our extravagant spec ulations. It’does not.tbiich my argument to show tlie pernicious influence which our ex panded-currency manufactures. —lf it were not for this cause, exchanges would not only he occasionally, but always, in our favor; and the Bank of England could not exercise that controlling influence' over' "bur banking institutions‘of which tlie Senator from Kentucky so loudly cproplaihs. .This influence is derived solely from the fact that we are almost always tlie debtor ( uplion, as we must ' continue to be, until our tyild speculations shall be arrested. ■.ln'. addition to the, reason suggested why foreign exchange lias sdhietimes been in our favor, notwithstanding our extravagant im portations,'lmiglit "add another which ,has operated with vast powerduring the lart.twp’ or three years’." This is the iinmepaeamotaht of money which Several of the Statps have borrowed from'England withiir that'period. This money constituted a fund on'which,bills' wefe drawn .torn, large amount,. and conse quently reduced the rate of exchange. . 'The paymentof theinterest un this debt, particu larly as (ye shall, probably hot soon increase the.principal, will operate hereafter in a con trary direction, anil will tend to raise, not reduce, the rate'6f our foreign exchanges. ~ , v,;Bdt : Kentucky[Mr. ■.CtAYj leayqs uiilurned. -He says : that the frienn» onhe luilepen(lbntTreasury dcsi^.toestabliahahexclusivetiietalliircur.- ■ uf the, poor! lKaTthe rich ijpi-. ;plby,eruVay.!beu^ 1 aiti, lower lldehy Vf&qitei rectness ofthese proppsitiopy; ahd,;in ; (he first place, : I for one, am’ndtinfavdi'bf establishing an exclusive nie taUJc.,cucrepcy for the people of this country, v’l-dpai re tot see' the banks greatly reduced in number; and wouldidf "1 could, confine their accom-- modntiuns tp'-speh, loans qr discounts, for limited periods, tUring, and trading classes of tlio cOmmUhi ty, as the ordinary course of thcHribasincsa might render.-rieceasary.'.; ! nabeJ-Kislv (o' see farmers and .mechaiucß andvpwifcltsjonal mien tempted, by the . facility .of. Obbtirudg bank loansfor long peripds.lto owii ptoperand uacful a,nd rush into wild. andVxtrayagant specula tion. I would, if l'.could. ryadically.'ireform the present so aa tq confine it withlrhsuch limits, as .to-.piwvteii&fttture suspensions of specie 'exceptions, I ..would instantly. - deprive each and evdry bank' of its. charter,\svhich should agairl suspend. Establish these or v :S\inilar reforms, and give uV a real'specie basis for' our paper .circulation, by.inci-easing the de nomination of, baiik botes first to ten; and afterwards tp -twenty I dollars;;and r".shnll tlien be flie friend, not the enemy of .banks. I know that the existence of banks anil the circulation of bank paper arc so inderrfifietl with ,tlie liabitß.of-.our pcople-,.that they can not be abolishedreven if tiiis were desirable. Tp reform, and not to destroy, is my-iflotto. To confine them to thelc appiopriaterbusi ness, and prevcnWliem frpm ministering to the'spirit of wild and feckless speculation, by extravagant loans and issues, is of I..which ought to be desired. But this 1 shall say.—- If experienceislinuld prove it to be Impossi ble’to cnjiiy the facilities which wpll.rpgtila-1 ted banks would afford, without', a’C tlVc same" time, continuing to suffeV the evils which the wild excesses of . the present banks have hitherto entailed upon the country, then I should cpnsiderit the lesser evil tp.abolish them altogether. If the State Legislatures shall now. do their duty, I do not believe,that it will over become necessary to-decide.on .such an alternative. Wo'are also charged by the Senator from Kentucky with a desire .to reduce the wages of the pour jnan’aJabor. We have been of ten termed agrarians On our Side of the House. It is something hew undeHhesun, to hear the Senator and his friends attribute to us a desire to elevate (he wealthy manu facturer, at the, expense of.the laboving mau and the mechanic. From my soul, I r.espdcf the laboring man. Labor is the foundation of the wealth of every country; and.the free laborers of the North deserve respect,' -both for their probity and their intelligence.— Heaven forbid that I should do them wrong! Of all the countries on the earth, we ought to have thfc most consideration for the labor ing man! From the very nature of our in stitutions, the wheeTo'f-fortuncis constantly revolving and producing such mutations in property, that the wealthy man'of to-day may become the poor laborer of to-mbrrow. Truly wealth often takes to itself wingS'and flies away. A large fortune rarely lasts be yond the third generation, even if it endure so long. We must all know instanccs_of individuals obliged ,Jo labor for their daily bread, whose grandfathers were men of for tune. . The regular process of society would almost seem to consist of the efforts of one .class to'dissipate the fortunes which they have inherited, whilst another class, by their industry and economy, are regularly rising to wealth. We have all, therefore, a com-' inon .interest, as it is our common duty, to protect the rights of the laboring man;, and if I believed for a moment that the bill would prove injurious to him, it should meet my unqualified opposition. ' Although this bill will not have as great an influence as I could'desire, yet, as far as it goes, it will benefit the laboring man ns much, and probably more,,.than any other class of society. What is it he ought most to desire?. Constant employment,-regular wages, and uniform reasonable prfcesTor (he necessaries and comforts of life which he re quires. Now, sir, What.has beep his condi tion under our system of expansions and contractions? He has suffered mdre by them than any other class of society. The; rate of his wages is fixed and known; and they are the last to rise with., the increasing'ex pansion, and the first to fall when the cor responding revulsion occUrg. He still con tinues to receive his dollar per day, whilst the price of every article which he consumes is fapidlytrising;_ He is at.length mad.OP. feel that;-although he nominally' eal'ns' as much, or even more than he did formally, yet, Trom thelncreased pricedf'all the" ne cessaries of life, he cannot support his family. Hence the strikes.for higher wages,-and the uneasy and excited feelings which ' have'at different periods, existed among the laboring classes. But the expansion at length reaches the exploding point, and what does the la boring.man now suffer? He is fur a.season Thrown nut ot' employment altogether. Our" manufactures are suspended; our public works art stopped; our private enterprises of different kinds are abandoned; and, whilst others are "able to weather the storm, he can scarcely procure the means of baresubsistence- Again, sir: who, do you suppose, held the greater part of the worthless paper of the one hundred and sixty-five broken..hanks. fo ■ which I have referredf Certainly it was not the,keen and wary , speculator, who snuffs danger from afar; If you were to make the: search, you" would find more broken; batik motes in the cottages of the laboring poorthan any where else, And these miserable'shin plasters, where are they? After the’ revul sion of 1837, laborers were glad to obtain, employment on any terms; and";they often received it upon the express condition that they^should,accept, this .worthless- trash'ih payment. Sir, an .entire suppressiun of all bank notes bf:a lower denomination than the value of one Week’s ..wages of the-laboring man is absolutely , necessary for. his. protec tion. He ought alwavs to receive his'wages in gold and.sdvcr, Ofhjl m.enon theearth, the laborer is most sr sound and stable currency; - f '' " All other circuuistaneea being cqualr.-l agree with Kefitunky.that that country is most pfosperuhs whefe lab.or! commands the highest wages.. I.dp not, how- ■ ever, mean by the terms. "highest,wages,*’ the greatest nominal amount. During - the war, one day’s wqrk,' cotn- hundred' pet; bnt-this wbultl a breakfast. , The more prppci;'.expcessioik would be,;tD‘ say . that,.tb'at.^uD,titr^jB*;^dgt<' 'prosperous where labor.coiniilaiidkijh(f ;est rcwar.l; where- nne .cure not the greatest noirtinal'amnußtSoX a depreciated currency; but most of :tlie nec essaries and- comforts of life. If," therefore, you should, in some degree, reduce .the nomi nal’price paid’Tor labor, by reducing thorp mount of your bank issues' witbin-rcaponabje and safe limits', an’d establishing’a metallic basis foriyour paper injure the laborer? Certainly not; because the price of all the necessaries and comforts of life fere reduced in the same proportion,’ rind he will bp able to purchase more of them for one"dollar in a sound state of the cur-, feocy, than-hpcould'bnve done,’'in’ the days of extravagant expansion, for a dollar and a’ quarter; jSo farfrom injuring, it-wiil greatly benefit the laboring man. It will insure ’.to him cojistantcmployinent and regular prices, paid in a sound, c’urrehcy, which, of all things, tie ought.most.’to desire; and it.will.save linn from being involved in ruin by a recurrence of those periodical expansions and cpritrpc tinns of the Currency,’which have hitherto convulsed tbe'couhtiwV . • ’ This sound state of the currency will have another upon the laboring man. He will receive bis wages in gold and silver; and this will-induce him 'to lay up; for future use, such a portion of.them as lie can spare, after satisfying his immediate wants. This be/will r nqt doi at present, be cause he knows not whether the trash which be ir now compelled" to receive as money; will continue to be of.nny value : a‘week or a T month hereafter. A.knowledge of this fact tends to banish economy from his dwelling, and induces him.to-expend all his wages as rapidly as possible, lest they may become wdrthfess on his hands. ’ ’. ._ , Sir; the laboring classes Understand ’this subject perfectly. Ills the hard-handed and firm-fisted men of the, country op Whom' we must rely in the day of danger, who are the most friendly to the passage of this bill. It is (hey who are the mostardently in favor,of infusing.into, the currency of the.country a very large amount of the precious'metals. • 'i'he Senator has advanced another position in which lam sorry 1 cannot agree with him. It is this: that a permanent high rate of in terest is indicative of the prosperity of any country. Now, sir, a permanent high rate of interest is. conclusive evidencc.of a scar city of capital,and is indicative of any thing hut prosperity. I think, therefore, it will pu'/.7.1c hiin, with all his ingenuity, to cstab jish.hja proposition. To render a country iruly prosperous, capital*and-labor must he so combined,ns each to receive a fair reward. In England, when the rate of interest was Very high, the country was not-at all in a flourishing condition; but as capital gradu ally accumulated, and the rate of interest consequently sunk, she became more and more prosperous, though she did not reach her highest elevation until money yielded considerably less than live per cent. But this subject is so little relevant to tile ques tion under discussion, that it is scarcely hee’essary to pursue it. If it were, it would be easy to. show that a high rate of intciest, generally, if not universally, enters into di rect conflict with the wages of labor, which the Senator is so anxious to maintain. Sup pose, for example, that it required a capital of 820,000 to put and to preserve an iron manufactory in successful operation. In one country the interest on this sum at tan per cent.pvould amount to 82,000, whilst in an other it could be procured at four per 'cent, or 8800. The difference, would be 81,200; and, unless this amount can be saved cither by a reduction in the wages of labor, or in some other manner, the manufacturer -who pays the higher rate of interest cannot endure the competition. A high rate of interest al most always presses upon the wages of labor. If the gentleman’s theory be correct, Wall street must be a perfect paradise of prosperi ty. There, the rate of interest for a long time lias been permanently high, varying between two ami four per cent, n month, or between twenty-four and forty-eight per cent, per annum. Post notes of the Bank of the United States have been. discounteVl freely.at two per cent, per month. With these facts before him, Mr. Jeffery would not now declare, ,as .the Senator inlonps us be formerly did, “that this country was the heaven of the poor man and the hell of the rich.” He might probably reverse the po sition, though it would be equally extrava gant one way as the oilier 1 . A country in which a rich man can realize from Twenty four to forty-eight per cent, for his money, 'would';certainly be nny thing but a place of torment for hitm —But what is'the condition of a poor man in such a country? When capital commands"bUclr an extravagant hP" terest to liquidate commercial debts, it will no longer be used in the employment of la bor; and hence poor men must necessarily, be thrown out of employment. Such a con dition is any thing bu taheaven for them. The Senator exclaiink with holy horror, "the Stuarts are still upon the thrnne, and RharleB“the“Se'conil - has srrececdetl'Charles the First.” He has, 1 think, been very un fortunate in this historical allusion, if be.in tended to'compare our Andrew with thc.first Charles. The enemies of Charles cut off his head, -whilst - our—Andrew,. politically speaking cut the heads off. all his enemies; and. many of them Were in such terror of ■him, that.they dreaded he might turn, the metaphor into a reality, and cut off their heads in earnest.' Charles the Second did nut.succeed Charlcs'thu First, My Lord Protector intervened Although he and the Senator from Kentucky are as different in other respects as two able and brave, men can be, yef whilst he was speaking, it struck me that there was one striking point of re semblance between - tlvem; Anil what, sir. do you think that, was? My Lord Protec tor always-began; arid ended‘every thing as the Senator has begun and ended’his speech -r-u>ich prayer. Then in regard to the'sec ond Charles, I. have- litt|e to say. . Of all men, the Senator ought to bejhejast todis parage ouri Martini; - l.hrive read of a great conquered Griuccal, who always-pronounced his conqueror .to be a ..very .able and brave mart,' becausel as the historian observes, it would.hatfe lessened the merits of the .van quished to have been overcome by. a fobhor.. ’k'i«ipward^The^e)iafor4 T in-i ; Bpeakirig-of Martin, oughtrather ; to exclaim, . : . ‘MSfoatJetme cwfhim,.fpfAe-<m^oem3'ine.” If id qddition, the little magician shriuld j)e the; hero of .Tippecanoe, fought thbanpimrich- Aye .ft*M. • faiiU that-such will -be- ,tKe. ream t,Thqo h.e wi 11 ; go. do.vyn-tq ( pOßteriy,.withall :^ , hiBblUshingliunorB tfiiclc upmidiim.” f f' : ' 1 ‘ « ’Thanking the’Seriate for their patient at tention, I shajlynpw yeaumo. my rieaf; • AMERICAN VOLUNTEER. CARLISLE: TIUIItSDAY, MAKCH.S, ISM, otrn FJLJta. • ••Now our flag is (Umg to-tlie wilil wind free, Let it .float o’er our ‘father land,’.’ And the 'guard of Its spotless fame'shall be., Columbia's choa'en band!" FOR PHF.SIDKNT IN 1840. MARTIN VAN BUHEN,, ■ ■ V AND AN. INDEPENDENT TREASURE. NOTICE. Those interested are hereby notified, that the bills duo this catahlielmicnt for snAra ip/Von’, ddvertmng smS’job-work. Will be made opt'between this and the Ist of April, when those indebted will.’.bc ex pected t 6 liquidate their accounts either with the cash dr promissory notes. In the meantime, those Who can conveniently, will confer a favor by call ing at the office and’settUng their accounts. , ! Subscribers at a distance can remit ’’through the mail, in current bank notes, at .our risk, the re ceipt whereof shall ho acknowledged in the paper. We this week conclude Mr. Buchanan's admi rable speech on tho independent Treasury!! ill, and again ask for it ah attentive perusal. Its great length should deter no one from reading it, as any tiling comingfrom that gifted statesman must am ply repay for the time spent in its perusal.' That portion of the speech given in to-day’s pa per, embraces Mr. B’s remarks on the subject Of the wages of labor. This part lias hcqit grossly misrepresented by some of the federal presses; blit an attentive, perusal must satisfy every unpreju diced mind that his remarks, instead of taking ground “openly and unequivocally against the poor man,” , ns has been charged, are intended to show that the passage of tlio Independent Trea sury Bill will bo a lasting benefit to the labofihg man; Now that wo arc done with tho speech, wo shall bo again able to r.csumo our usual variety. , An extensive’revival of religion baa been’going on. for several weeks, in several of tho churches of this Ijorough. The work commenced in th.o Metli odist.clinrcb, from whence it has extended to the Prcsbyteiian, Lutheran and German Reformed congregations. Already, wo understand, about 100 hare been added to tho first montiohod church, and the excitement is still progressing. ~ At a military election held in Mechamcshtirg, on the 22d uit., for officers of the 2d Battalion of Cumberland Volunteers, Capt. John Ciendenik, of HoguestoWn, was elected-Lieut. Colonol, and Capt. Jacob Dorsheimer, of Mechanicsburg, Ma jor-- The Democratic State Convention, for liomina- tingan Electoral ticket and appointing delegatee to tho National Convention,assembled at Harrisburg on yesterday. We shall be able to give a synop sis of their proceedings in our next. Mr. Buchanan has introduced to the Senate a resolution to raise a select committee, to enquire into the expediency of amending tho constitution, so as to prohibit the issue or circulation of any bank note of a less denomination than 520. The resolution was adopted. Precautionary Movements The New Bruns wick (British Colonial) Legislature' have passed an a t authorizing tho Governor and Council to embody a force of 1200 men, to march out of the Province if necossary. Flour Six thousand barrels of dour were sold at Philadelphia, on Tnesday,pt S 5 pcr barrel— tho greater part for Liverpool. Ex-Ghyernor Mason, of Michigan, has.bcen ar rested on a charge of libel. So says theßaltimorc ■Sun. . The New Jeksev CXse.—-ThG“l)road seal 1 ’ claimants baVirgono home. to hunt up testimony to sustain their pretensions, and the House of Repre sentatives is still engaged in the discussion of the question, to. the exclusion of almost every gthor kind of business. That our readers may under stand the State of the question at present, wo clip the following from, the Baltimore Sun (a neutral paper) which, presents the whole case in a nut shell: —“On. the SOth-ofJanuarJvor about that day,-tho. subjcct of lho election was referred to die commit tee on elections, composed of four whies and four democrats, with Gen’l. John Campbell, of South Carolina, as chairman*. : _ The committee took possession of the books and papers iri-relation to thc case—They considered and ro-consldcred the subject till sometime about the middle of February, without perceiving the possibility of arriving at any direct conclusion.— In the mean time the claimants for seats,' who are known by tho appellation of-Po'nningtdn men, ask*-' ed and obtained leave of the committece to go home and absent themselves, till the Ist of April, to take evidence touching the case. On granting this •leave, the committee bn elections stood ayes 4, noes 4, and Gen. Campbell, the chairman, voted in the affirmative. As soon ns this decision was made known at tho Capitol, tho'friends of the ad ministration tookalarra,-because it was ascertain ed that the evidence sough t, was'to be taken; un der a. prcapec(ice law_not yet passed, bnt.whichis yet to be debated and passed by the legislature of N. Jersey. Tri this stale of the affair;-Mr. - Camp-- bell made an explanatory speech to the House, in. which he stated that the committee of.elections were of opinion that .Uie democrats from New Jer-. eey, who claimed seats,;and-not the Pennington men, possessed a majority of all the ybtes oftlie people of New Jeisey; Mr. Campbell, by con sent,'gbt a resolution before ilie] House, proposing to prin t certain.documents. As -soon as this adroit mantEuvrc had been accomplished, Mr. Oave John son, of Tennessee, moved that the committee be instructed to report “forthwith’!,which of,the iwq aeta7«ffrtP!rtraiaUve9Te(»ihhi) electoral votes of N. Jersey.; .. .I.; ’ On this propositiqnTho 4ah a, . e t now going qn! commenced, and hasheen persisfed jh,; with una-- bated pcrtinacity by bbth aides. ’ It - is .the object qt the. Whigs to, keefftha debate up, for tho pur pose of allowing tho Pennington men-to have all the time object of the democrats to bringit to a speedy. eluaorUimi compel the comntiUeeto report the feet, that thkwtemoeratii) claiirtartU.'ffbk.'NbirßwßfX' possess a majotity of the N ow J eracyauffrages.—- That eommittoe ’v^F^qrtThat fact ab”sbqn as it is called to.doso: and the, irtomeht if is reported, the resolution of Mr.. Campbell, as amended by Mr. Johnson, will bo again amended,.so as to bring the- House to a direct vote on the admissionof tho democratic memberaib their Scats. Tho result of that vote, you aro aware, as well bs any body else, under the present condition of the Houaemf Rep resentatives, will bo in favor of tho domocratio - members. ; Whether this will he right of - wrdng, it is_npt for me to decide; .! only stale the fact, that' a majority,of the : House of Representatives will vote for their adinissibn, right or wrbhg. It is my opinion, that the .matter-will bo settled before to- ■ morrow nigKt; -pnd. it may bo as well to add, that’ tho dccision.wiil jbo arrived at, oxclusively on-po-, litical .ground's—withou.t* any direct- teforenooeto the actibh'dt the conunlitdo.on.cleciions. I state these facts for thobenefitpf with out disfmptlon of pdrfy.-fbr theij-inibfma!(ion; apd as it cmbracid’linfbrination that I tliej‘ nerer would, arrive at'frbnt tlie every day reports of Oppgresa,, if they rbadfliera'tcnjtnbnihs at a time, and with . forty pair# bf specs bn their noses, I hope all of them will thank m,cj and not suppbse that lam pc tuatod. by any political Tpelinga or considerations.. Call me- any-thing you please—apply to me any cpithotcf scorn'apd contempt that yop plcftSe, ara, if you do not call mo a political writer or a parti zan, I shall bo Satisfied/’] : —- P. S.Sincn the above was in typ(',’weleai-ii:. from tho Baltimore Republican that tho resolution . offered by Mr. Johnson; instructing-thc Committee on Rlbctions to report which of the two sets of claimants ftom 'New Jersey received -a {najpnty of votes, was adopted'on Friday evening last, by the, casting veto of .tho Speaker., The report will: . doubtless bo made in a day or two, and will up- , questionably bo favorable tolhe democratic claim ants. ... Tlio federal papers tell na that “tho popularity of Gen. Harrison is sweeping over the whole Great West like a tornado.” But we should judge from the following resolution, adopted at a federal •meeting held in Kentucky T on the 3d ult., thalthc “tornado” hud not yet reached that particular quarter: That we are unwilling to-subimtin silence to-tho outrage committed against the'Whigs of this Stat<vhy the nomination of Gen. Harrison as the candidate for the Presidency, at the sacrifice of HenVy Clay, the man whom Kcntuolcians de light to honor; and that however much wo desire the ascendency of Whig principles, we will at all times express our disapprobationof political chi- . canery-and injustice.” But if the above is not sufficient to open the eyes* of somo of the credulous followers of old Tippe canoe, to the true state of public opinion as it re gards the popularity of his nomination in the West, wo herewith subjoin a fe.w msre evidences of feel ing on the subject, taken from papers in the Bast and South'. It is a real “Shower Bath” for the Fpdcralist? and must lower their feather* amazing- ly-. „ Here it is:— -The Columbus Enquirer* (fod.) says:) ‘‘Should the contest eventually he between Gen. Harrison and Mr. Van we be forced to choose, we have no hesitation in saying that wo will.sustain the latter/.’ The Augusta Chronicle* (fed.) says: - “Desirous as we haVrbecn to support the oppo sing candidate to Mr. Van Buren, we canm t go for Harrison,—and we think it time and -labor spent in vain to attempt to elect him.” T..c Jjus!di\ Daily Advocate, (fed.) ‘says: (i We confess we have some' curiosity to learn which rif tho members of the delegation from this State, eun claim the honor of having giveh the vote of tho State for a candidate [Gen. Harrison] who we arc well assured is far from being tho choice of the State.” The Acid Orleans True J}mtriean, (Ted.) saJ'S; “Henry Clay had thousands of devoted friends —Harrison has hut a few simpbrterfu Wo wisll> ed the whig cause success, out cahnot hope for ii now;” ■ J l'he Philadelphia Sentinel, (fed.)-says:.. - “Dissatisfaction was loudly expressed bymahy of the leading whigs jn this nuatter* on receiving the nmVs of tub hbmjhplicn ot Gen’l. Harri Son hy the Harrisburg Convention, and threats of resisting' it were freely niadfci” The Jhn, John S-. Jjarbotir , £nc cf the most dis tinguished whigs in Virgirila, Hascortienut, “tnotlu and nail,” agaihst the Hafrisbiirg nomination; The Itichfnorid JZngutfcr &sys'. , r “W« havb seen several members of the general assembly who have just returtied to their emu titq-. enls, We understand that many wings have pre tested hgalnst the nomination, and that .several of them havA already abandoned the whig banner;.— Thenj will be no serious contest in Virginia,” James Clarke, Esq., late Canal Commissioner* it is rumored is appointed President of tlio Union Canal Company, at a salary of $2OOO per plinunu The Old Game. —.Tlio Federalists profess to be confident that Gen. Harrison will be elected Pre sident in November next. Can any of them tell ns at what nU'Clicn,'since the days of ol I John Adams, the.same party have not stoutly maintain rd that tlicir candidate would bo elected? and at what election during that Whole period of forty years, has their candidate received a majority of electoral votesj or of tho suffrages of the people. State Legislature. -fcetterto tho Editors; dated: . , • - “IlAnnisnuno, February 39,1810. In Senate the Resumption blit Was discussed from Monday, till _Thursday,cn\vliich.dnyit pass-. cd by a vote of 16 to 11—two democratic and four ' federal. Senators being absent. The following; is the list of yfeas and hays'on its passage: ' . , - Yeas.— Messrs. Bell, Brown,..Caldwell, : Cop- K, Fleming, Fraily, (Scb.) H?ys, Miller, (Ad-., s) Millor v (Berks) Myers, Patterson, Plumer, Shortz, Snyder, Sterigere, Rogers,’Speaker. ? : Nays.—Messrs. Brooke, Cochran, Kwjng,Fra ley, (City) Killingcr, Penrose, Purviance(Spack-. man, Slorrett, Strohm,;Williams. T’ho.bill provides for immediaie.rtsumpiwn*— . This was.an amendment offered by_Mr, Sterigere,: and’prevailed by a vote 0f33 to 7.. ■ ‘ • .In the- House,..tliQßank/hill-wasdiscnssed-du ring the week. Various amendmcntswerc offered and rejected—arid a number of sections wore pass ed generally by a vote of 59 to 33. .On Wednesday, in the Senate, Mr. Fleming, from the Judiciary Committee, reported & bill to repeal the act chartering the Bank of the U. States. The act. establishing the now Criminal Court ,iri the city of Philadelphlai hah passed both houses and'received! the signature of the Governor. .Three Judgcs.will have to Reappointed forthwith fdrth'at station.,-Georgo'W. Barton, Esq. is spoken of as' likely to bo one Of them. So you perncivelthat, with'iho oxcpptioh of lhc> passage ti thei.'Kesuinpiidn Bill’ in khij, Senate* L - thingslinkin'pretty much iriiigiu jtyit.V.TUs ijuesdbn;of ißjumpticin will come up again lit,thp -.- HoUßanoxt.Week, and I think will be finally posed.of. '., : ■"v' 1 -’?-';' “ i .. ; Much other business of a local nature has becit, disposed of duringtho week, hot hot of.sufficient importanco to render a detail necessary. ‘ . . • . r i : Yours,'*:C.. '
Significant historical Pennsylvania newspapers