the Treasury to the credit of the linking fund, and applicable to the payment of the public debt, the Commissioners ot the fund now hold the sum of seven and one-hall millions of dol lars, ($7,500,00 00) bonds of the Pennsylva nia Railroad Company, pledged by law to the payment of the funded debt of the Common wealth. Ry the 4th section of the 11th article of the Constitution, as amended and ratified by a majority of the qualified voters of the isate at the general election held on the second Tuesday of October, 1857, it is made the du ty of the Legislature at its first session after the adoption of this amendment, to create a Sinking which shall be sufficient to pay the accruing interest on the present public debt and any additional debt thereafter Constitu tionally contracted, and annually to reduce the principal thereof by n sum not less than $250. 000,00, which " Sinking Fund shall consist of the net annual income of public works from time to time, owned by the State, or the pro ceeds of the sale of the sumo, or any part thereof, and of the income or proceeds of sale of stocks owned by the State, together with other funds or resources that may be designat ed by law. The said Sinking Fund may lie increased from time to time by assigning to it any part of taxes or other revenues of the State, not required for the ordinary and cur rent expense of government, and, unless in case of war. invasion or insurrection, no part of said Sinking Fund shall be used or applied otherwise than in extinguishment of the pub lic debt, until the amount of such debt is re duced below the sum of five mil'ionsof dollars. This being the first session of the Legisla ture since the adoption of this amendment, the duty therein enjoined devolves upon you, and should lie promptly and faithfully discharged The funded and unfunded debt of the State, including temporary loans on the first day of December. 1856, as per Reports of Auditor General and State Treasurer, was n- lollows, viz : rWDEP lIEM. 6 per cent loans £ 511.7.-1 00 A ;iSg.;i;.!i:ti so 4V' " " 3-5,20( no i" - ' " " liio.uon no Total funded debt . j';"Vt"r,,s7.> ,'0 I NFCXDEP MET. relief notes in circulation S'l'jo.j.'.s 00 Interest cert idea tea outstanding 21 o' 1 ! 37 unclaimed.. 4.44- -IS Doinc-tic creditors 1,101 no Balance temporary loan, April 11 -A3 * !.. tOO.Omi CO Balance temporary loan, May 0. 1554 I? 1,000 00 Total uufouded uebt 831,*53 75 540.701.03 A.25 The funded and unfunded debt, at the close of the last fiscal year, December I, 1857, was as follows, viz : FTSDET) pert. S per cent, loan $ 1 is.lso no A 3S, 773,212 52 •• " . 3sS,'2*Ki 00 4 " " " 100.0110 00 Total funded debt —-$39,706,592 62 CNfCJCDED PiOJT. f I>lief note- in circulation.... SUt'..!'*! 00 Intore.-t certiorates out-tnndiu? 23.473 -2 unclaimed 4,14- 3s Dome-tie creditors 802 AO Total unfunded debt l7'.! is 70 Total debt December 1, ISA7 $3 '.—1.73s 22 Total debt December l.is.ss $40,701,83s 23 Decrease during Lite fL-eal year f-20.<>17 55 These statements exhibit the gratifying fact, that during the pu.-t fiscal year, the pub lic debt lias been reduced eight hundred and twenty thousand, ninety-seven dollars and tit ty five cents. Daring the same period large appropriations and payments were made on account of our public improvements, for old and unsettled claims adjusted under the act of last session, uud for other extraordinary pur poses. The condition of the Treasury prior to the suspension of specie payments bv the Hanks, justified the appropriation of ut iea.-t two hun dred thousand dollars more in payment of the public debt, and arrangements were made by the Treasurer, under the direction of the Com missioners of the Sinking Fund, to liquidate that amount : hut after the suspension, and the consequent financial embarrassments of the country, the proposed payment. from pruden tial motives, was postponed. Had this pay ment been made, in addition to the payments already reported, the statements and calcula tions submitted iu my last annual Message in relation to the early payment and tiual extin guishment of the public debt, would thus far have been sustaiued by their actual verification. The causes that prevented their realization, it i- believed, will soon cease to affect injurious ly the revenues of the Commonwealth. Ac tuated by that indomitable energy that has ever characterized the American people—fal tering for a moment, but not disheartened by the adverse circumstances tiiat surround us— roused to more vigorous action by disaster and defeat, our progress cannot long be checked, nor our prosperity long be interrupted. Con fidence, the sensitive, yet powerful agency, that binds iu unity aud strength the great financial commercial and industrial interests of our coun try and the world, has been suddenly impair ed, producing financial and commercial dis tress, and affecting the revenues of the Com monwealth ; but with the advantages result ing fi*otu the rapid development of our resour ces during ilie last quarter of a century—the immensely valuable iucrea.-e of our agricultu ral, mining and manufacturing industry during the same period—the abundant harvests of the past year—our completed improvements, find all the elements of material wealth in our midst, its restoration at an early period is not problematical. Returning confidence will be the herald of returning prosperity. Notwith standing, then, the present embarrassment an 1 gloomy condition of the country, after a care ful consideration of the present and prospec tive condition of the finances and resources of the Commonwealth, I cannot hesitate to re affirm my belief, " that the time is not far dis tant when Pennsylvania will stand redeemed from the oppression -\7 579C..5A0 03 Sn-quehana:. and North and We-t Branch Divi sions 2-7,71- 95 Delaware Division 221,323 34 The receipts from the Delaware Division are less than those of the previous year. The completion of rival Railroads and other causes, have lessened the receipts from this important division of our public works ; and it is feared vviii continue to decrease them. Its manage ment has been satisfactory, and compared with oilier divisions of the public improvements, eco nomical. Jhe net revenue, at the Treasury, was $174,001 -7, a decrease of $90,093 53. as compared with the receipts of the preced ing year. In addition to the ordinary expen ditures, the sum of $16,263 was paid for the enlargement and improvement of this divi sion. The North Rninch Extension of the Penn sylvania canal, although so far completed in the fall of I>so, that boats freighted with coal and other products, w ere successfully pass ed through its entire lengtii from Pitt-ton to thcMutiction canal, yet in consequence of a large portion of the " Horse Race Dam " hav ing been carried away by the freshet of last spring, business on tlie canal was suspended the greater part of the past year. It was re paired during the summer and in the fall busi ness was resinned along its entire length.— Soon after, the same dam was again extensive ly injured by a sudden aud heavy fre-het, and the greater part of the canal rendered useless l'.r bn-iuess. An appropriation will be requir ed to re-construct the dam. This canal, although useful and valuable, appears to lie doomed to failure aud disaster. These are the fruits of former mismanagement and fraud iu its construction. Every effort h is been made to repair the errors of its earlv management, and to complete and render fui this division of our public works. Uuder proper management h can be successfully ac complished. In pursuance of the act of the 16th of May, 1 >-"'7, providing for the .-ale of the Main Line of the public works, after giving the notice required by law, 1 caused the said Main Line to be exposed to public sale at the Merchants' Exchange, in the city of Philadelphia, on the 25th day of June last, and sold the same to the Pennsylvania Railroad Comuany lor the sum of seven millions five hundred thousand dollars the highest price bid for the same, and and minimum price fixed in the act. After ;i full compliance by tbe purchasers with the conditions of the act authorizing the ; sale, and the delivery of their bonds in mini i ber and for the amounts equal to and falling due at the time provided for the payment of the respective instalments,the Secretary of the Commonwealth, on the 31st day of July; A D 1 SoT, as directed by the act, transferred, . under the great seal of the State, to the Penn j sylvunia Railroad Company, their successors or assigns, the whole Main Line of the public . works between Philadelphia and Pittsburg, together with all the right, title and interest. J claim and demand, of the Commonwealth of Pennsyivaiuia to ail property, real, personal | and mixed, belonging to or used in connection > with the same by the Commonwealth of Penu- I sylvaiiia ; and the purchasers having given | notice of their readiness to take possession of the said works, possession of the same was ac ; cordingly delivered to the Company on the lirst day of August last, of which notice was given to all Superintendents and Agents of the Commonwealth, by proclamation bearing i date the 31st day of Inly, 1537, as required j by the law authorizing tiie sale. The bonds of the Pennsylvania Railroad | Company, the sum of seven and one half mill i ions of dollars, were received by the State i Treasurer and are held by him for the Com j missioners of the Sinking Fund ; the entire proceeds of the sale being required l>v the j 12th section of the act to be paid to the Sink | ing Fund and applied to the payment of the i State debt. I cannot forbear congratulating the people of the Commonwealth on the consummation of this sale. Public sentiment as expressed through the ballot-box, and in other forms equally significant, demanded it—public poliov and the interest of the Commonwealth requir ed it It is done. The many approve: few coinpluin, those most who have gained an un enviable reputation by a reckless disregard of the public interests, as exhibited in the extrava gant, useless and fraudulent e\jenditure.s of the public raouey for seilish or partizan par jioses. The sale of the Main Line has directed pub lic attention to the importance and necessity of disposing" of the remaining divisions of the public improvements. The reasons and policy that required and justified the sale of the one, apply with equal force to the sale of the other. The propriety of separating the State from the care and control of the public worls, is not only evident to all who have given the subject a candid and impartial consideration, but the necessity is clearly established, bv the history of their construction and management. They have failed to be a source of revenue to the Commonwealth, and if retained by the State, will require an expenditure in their repair and management, largely exceeding any revenue, that under the most favorable circumstances, can be derived from them. In any phase of the question, this separation is desirable, but in connection with the payment of the public debt, and the reduction of State taxation, it becomes an object of more than ordinary in terest. A sale, at the earliest practicable pe riod, of the whole of our public works, for a fair consideration, upon terms just and liberal to the purchasers, and at the same time amply protective of the rights and interests of the people, should be authorized by the Legisla ture. Such sale, with the application of tiie proceeds to the payment of the debt, would secure its still more rapid extinguish merit. The subject is recommended to your unbiased consideration. Tiie law incorjiorating the Pennsylvania Kadroad Company imposed a tax of three mills, per toil, per mile, onfall tonnage passing over that road, as an equivalent for any de crease in the revenues of the Commonwealth, that might arise from tiie anticipated competi tion of the road, with the business of the Main Line of the public improvements. This tux is not imposed upon the Company, lut 011 the . tonnage, and is paid by the owners of the freight transported over the road ; the compa ny acting as a iron's in its collection and j lav -1 ment to the State. It is virtually a tax npon the trade and commerce of the Commonwealth, and upon the commerce of other States whose productions seek an Eastern market over this road; and thus by increasing the rate of charges and the cost of transportation the produce of West is forced upon the competing Railroads of other Sites and to other markets than our own. The necessity that required this tax, as regards the Commonwealth and her iinprove . ments Ims ceased. Its continuance can only be justified as a revenue measure. It should be tiie policy of the State to invite tlc trans mission of the products of the other States through her territory to her own markets, and, therefore, the propriety of relieving the trade and business of the Commonwealth and the : country from this tax upon it, is respectfully submitted for vonr consideration. In consequence of the suspension of specie payments by the Bunks of this than the other States of the Union, and the financial embar rassment and general prostration of business, I deemed it my duty to call, as authorized by the CouMitution, an extra Session of the Leg islature. to meet at ILarrisburg on the 6th day of October last. Although the relief provid ed by this extraordinary session of the General Assembly, was not as ample as the exigency of the case required, yet it was productive of many beneficial results, and served to allay the intense excitement and alarm that pervad ed the entire community. By the act provid ing for the resumption of specie payments by the Banks, all banking institutions accepting the provisions of that law, were required to pay into the Treasury one-fourth of one per cent, on their capital stock : the amount re alized bv the payment of this bonus has not only defrayed all tiie expenses of that session, but will leave a balance in the Treasury of uot less than thirtv-five thousand dollars—a result certainly not injurious to the finances of the Commonwealth. My view- expressed in former communica tions on the subject of banks and banking cap ital, in their relations to the currency and the general interests of trade, remaiu unchanged. However diverse our opinions may be on this subject, it must be admitted by all, that the hanking and credit systems are so intimately interwoven with the business and commerce of the country, that their sudden separation, or a rash inovation. would produce consequences of fearful magnitude. That the present system of banking is perfect, is not intended : that if could be essentially modified and improved, will not be denied. The present derangement of the currency may and will suggest the ne cessity of reform, not only in the system itsc If, but in the management of our banking insti tutions. Unlimited credits by corporations or indi viduals have and will over be an unmitigated evil. They contribute to bank expansions, rash speculations, extravagant living, and ex cessive overtradings : always sure to be follow ed by ruinous revulsions. What the remedy should be, I do not deem it my province, under existing circumstances, to suggest ; but to be permanent and effectual, it must acecord with the natural and necessary laws of trade. The currency of a country forms no exception to these laws, and should be left to their opera lion and control, so far as may be consistent with the publtc good. It is, therefore, that a system of free banking, based on undoubted public securities, and coin in such proportion to circulation and deposites as may be deemed sufficient to secure their conversion into specie, on demand, with proper limitations and restric tions, is deemed preferable to the present sys tem. Its introduction would correct manv existing abuses not only in the system itself, but in the present mode of banking. These questions, however, with the remedies neces sary to prevent a recurrence of the evils under which we now suffer, together with the nature and extent of the relief, if any, that may vet be required by the Banks of the Common wealth. to enable the*) to resume the payment of their liabilities in specie, are all referred to the wisdom of the Legislature. They are prac tical and and important business questions, and as such should receive your intelligent con sideration. The present condition of our Commonwealth and country deserves at least a passing remark. A serverc financial revolution has occurred, in ducing a suspension of specie payments by the Banks, uot only of this Commonwealth, but of all the States of the Union, deranging the cur rency and affecting disastrously all the great interests of commerce and industrial pursuits of the citizens. Lr;bor is without employment, and thousand of strong active men are now ask ing for work or bread. The causes assigned for those.evils are almost as various as the in terests or prvjud ; c- of these who undertake their explication. To whatever cause or caus es they may be referred, it is neither just nor pro|>er to charge all our present financial and commercial distress to the Hanks and their management. However much they may have contributed, other causes have operated still more directly and powerfully to produce these results ; and among them first in importance and influence is the present system of low du ties, in connection with the warehousing sys tem, adopted as the policy of the General Government in 184b. The abandonment of the protective policy, as embodied in the Tar iff 1842, was resisted by Pennsylvania with a unanimity almost unparalelled in her history. Iler representatives in both branches of tlie National Congress streuulously opposed the repeal of the act. The evils under which we are now suffering were predicted, as a conse quence of such repeal. But other counsels prevailed, the act was repealed, and the in dustry of the country exposed to a ruinous competition with the cheap labor of foreigu nations. The disastrous effects of the repeal, were postponed by the operation of causes well understood by every intelligent citizen. Fam ine abroad produced an unprecedented demand for our breadstuffand the gold of California, although it may have added to the excitement of our progress, and contributed its full share in producing existing financial and commercial embarrassment, in millions, supplied the means of paying the overwhelming balances against us 011 foreign importations. Under the pres ent system of low duties, the excess of imports has been beyond the most extravagant wants of the country. They have been enormous and ruinous—destructive of domestic industry and involving tlie home manufacturer and home labor, in one common ruin. We have imported more than we could pay for 4 and more than we needed. Pennsylvania abounds in iron ore. Iron and its manufactures are justiy regarded as important elements of her material wealth ; and from her abuudance, if properly fostered and protected by a wise na tional policy, could supply the markets of the world ; and yet, since the passage of the act of 1546, we have imported of iron and steel and their manufactures, more than two hun dred millions of dollars in value ; paid for in gold or our bonds and stocks, now held by for eign capitalists—the interest on which but adds to the burdens imposed upon us by our foreign indebtedness. Tiie same is true of many other important branches of home indus try. Many millions in value of cotton and woolen goods have, during the same period been imported, that should have been made in our own workshops, should have been woven oa American, and not on British, French, or German looms. As an example of the practical working of the system, official documents exhibit the fact, that during the past four years the imports of foreign merchandise, exceeded our exports one huudred and eighty-four millions two thousand seven hundred and sixty-eight dollars ; and as a consequence,the drain of the precious met als was correspondingly great. The amount of specie sent out of the country during that period, was two hundred and thirteen millions tiiree hundred and eighty four thousand three hundred and sixty-four dollars—specie import ed twenty-six millions niue hundred and twen ty-seven thousand four hundred and twenty seven dollars ; leaving a balance against us <>n specie account of one hundred and eighty six millions four hundred and thirty-six thou sand nine hundred and fifty-seven dollars.— This depleting progress, aggravated bv exces sive importation*, unsettled the currency and induced an inflated paper circulation, result ing in bank Misprisions and financial embar rassment. But tiie evil does not end here.— An in tinted paper currency, by < heapening the price of money, increases in this country the cost of production, and thus, whilst the Amer ican Manufacturer is exposed under a sys tem of low duties, to a ruinous competition with the cheap labor of Europe, he is paid for his goods in a currency less valuable than that paid to his foreign competitor. As a necessa ry result the home fabric is driven from the market, and ttie home manufacturer ruined.— The operation of these causes, stimulated by low duties, is sufficient to destroy the industri al energies of anv people. With these facts before us, it is a matter of no surprise that our mills, factories and fur uaces have been closed, and thousands of hou est laborers thrown out of employment ; that commerce has scarcely an existence ; that bankruptcy and ruin are around us, and our general prosperity paralyzed. To aToid these disasters, to which we have been periodically exposed, reform not only in our system of banking, but iu our revenue laws, become iu dispensible. If the principle of the act of 1812 had been preserved—even if its rates of duties had ; been reduced, our specie by millions would not j have (rone into foreign coffers to build up and sustain the foreign manufacturer ; home indus try would be prosperous, and the cry " we j want work.'' issuing from a thousand lips, in , our large cities and manufacturing districts, j would not be heard : nor would a foreign debt ! of nearly live hundred millions of dollars ex st !to startle and alarm us. That system that ! practically prefers KOREIU.V TO HOME LABOR, — that keeps our workshops in Knrope, instead of building and supporting them here—that takes our gold away to pay wages of the Brit- I isli laborers, whilst our own are without em -1 ployment ami without bread, —that fills the ' country with foreign merchandise to the ex clusion of the home fabric—that lays the Bri tish rail upon the road through our iron dis tricts and by our rolling mills, whilst they are silent and deserted, and that invites to spee- Kilatioa aud extravagance is at war with every ' true American interest and should be at once ' abandoned. A period of low duties lias always been marked by excessive importations—overtrad ing—bank expansions and suspensions and fi nancial and commercial revulsions. Under the protective pokey the>e j>eculiar and start ling characteristics of free trade have all been wanting. The history of the country estal>- lishes these facte. A well regulated tariff, adjusted to protect the prodactive industry of the country, is not only the true policy of the Governmeut, but it is a better regulator of the curreuey, and a more certaiu security against bauk expansions, than any system of pains or penalties yet devised for the control of bank ing institutions, or the operations of capital. To this we should return. Pennsylvania is vet true to her ancient and long cherish convic tions of its propriety and necessity. She mav have been misled. Political and partisan pres sure may have forced her from her true posi tion. She sees and feels the wrong, and with an emphasis, intensified by her injuries, will demand redress ; protection for herself and the treat industrial interests of her people. Governor proceeds to speak of sever al matters of more limited public importance. Owing to want of apace we are obliged to give a synopsis of his suggestions.] The agricultural interests of the country should be fostered and sustained by the State. They are of the first importance. An Agri cultural Bureau, iu connection with one of the State Departments, is again recommended The condition of the Agricultural High &-hool is stated, and it is recommended to the further encouragement and patronage of the Legislature. The Common School system is in a flourish ing condition. The separation of the School from the State Department, and tlie County Superintendences, are working well. The act of last session for the establishment of Normal School is highly applauded, and its effects re presented as very encouraging. The several charitable and benevolent insti tutions of the State are recommended to fur ther encouragement and aid. The Militia system is very imperfect and re quires revision. Volunteer companies should be better encouraged. The new Arsenal at Philadelphia is com pleted. A monument to the citizens soldiers of Pennsylvania w ho died in service of their coun try in the Mexican war, is recommended. The State Geological Report will soon be finished and published. Under the late amendments to the State Constitution, the Legislature will be required at the present session, to apportion the city of Philadelphia into single Senatorial and Rep resentative districts. Not the least in importance amongst the recommendations of the message, is the erec tion of a Governor's House. This comes with great propriety from the present Executve.— Being about to retire from ofiice, it cannot be charged that he is actuated in the recommen dation by any seltiish motives. It is a meas ure of eminent propriety, and we hope the Legislature will concur in the views of the Governor, and carry out his suggestion. With regard to his views on the naturali zation laws, fraudulent voting, a registry law, Slavery, Kansas, Ac., the Governor refers to his former messages. His views remain un changed. He concludes by referring, iu appropriate terms, to the expiration of the period of his term of office, and remarks :—" I will sur render to my successor the cares and respon&i- : bilities of the office 1 now hold, with greater : cheerfulness than I assumed them ; and will return, without a murmur, to the society • and companionship of those who can approve without selfishness, and censure only at the bidding of truth and friendship. To the judg ment of impartial history I commit my admin istration and its acts, without a fear of the re sult ; and when time shall have softened the asperity of partizuu feeling—healed the bit terness of disappointment, and corrected the errors of prejudice, truth will sustain the judg meut and justice approve the record." JAMES POLLOCK. IIARRBISCRG, Jan. Tth 18">8. Jliratiforlr licportcr. E. O. GOODRICH, EDITOR. TOWANDA: dfprsimn fUornmn, iJamarn IT, 1838, TERMS —One Dollar per annum, inrariethiy in adtance Four in e!. < previou* /o the expiration of a subscription, no!ire will } Pennsylvania, allowed themselves to lie mfa the tools of the manufacturers of New p n „ land, instead of taking high grounds of nation al importance for developing and fosterfa the resources of our State ; they chose t 0 share the fortunes of the button and cotter manufacturers,and put aside what was teu posed, do these manufacturers for whom the interests of Pennsylvania had been sacrifice! iu turn see that wo suffer uo injury ? T:,- best answer is given by the announcement ? the fact that the Middlesex mills by tlwr I agents, expended the large amount of $87,000 i to pass the late tariff bill, by which Peunsr',. vania is still more at the mercy of low pric-es in England. If the rneu who denounced Mr W1 LMOT in 1846 had not been so tardy in ma;- 1 ing the discovery that Pennsylvania shou'j separate her interests from New England, the forges of the State would not now be ailtu. i uor her furnaces cold and useless. 1 We trust that the time will yet come whc. the great interests of this State will be reo.-- • nized as of national importance, and full jg v tice done to them. But to effect this the? must be left to stand upon their own merit; i and her Representatives must unite without regard to politics in what is necessarj for their protection and revival. PENNSYLVANIA LEGISLATURE. The Legislature of this State met ou Ti.es day, oth inst. Iu the House A. B L<>\.;AK-.s was elected Speaker, over THOMAS STRI'THER-, ;by a vote of GT to 28. JACOB ZEIGLER, form er Clerk, was re-elected by an unanimous vote. A proper compliment to his effeoes-j and ability as an officer. Ju the Senate, W. H Wf.l-U of York, elected Speaker, receiving 21 vote? to 12 fot D ARENAS E FINNEY. W. H. MILLER of Hir risburg was elected Clerk, and F. M. Hvr n- INGSON. Assistant Clerk. The Commit:-e? have not yet been announced nor any LurLesi of public importance transacted. _ GEN. PACKER'S CABINET. —It is stated, thoritatively, that the Cabinet of the Go?- : ernor elect will be composed of the following named Gentlemen : Secretary of State—William M. Ifeisterof Berks county. Deputy Secretary of State— Henry L DJ ' fenbach, of Clinton county. Attorney General—Hon. John C. Knox.*: present Judge of th Supreme Court. It is understood that Mr. Knox will rts.™ i the Judgeship at present held by him. a: i that Win. A. Porter of Philadelphia, w... be appointed in his place. M hile we should be much gratified to see Judge Knux Attorney General, yet we have our doubt whether he will accept that post He has still some twelve years to serveßtr on the Supreme Bench, where he has a'.reflj gained himself a high position. NORTH PENNSYLVANIA IIAILROA:> — T* Philadelphia Daily Aei rs of the Oth soy- ici'- " Thos. S. Femon and William L. H r-t *e~ yesterday chosen to represent the City in it' j direction of the North Pennsylvania Kuiroii Company. The selectiou of Mr. Fernon isi*' only highly complimentary to that gentlem-H. under all the circumstance, but goes to ?'V ? that there is decidedly more sense in that -J than some people are disposed to give it cr-;- it for. He was the pioneer iu the work of in augurating and constructing the North I'ena . sylvania Railroad, and for no better rea? : than that he did not belong to that " t p toned*' class which represents the stupidity Philadelphia, a war was made npon him. aDJ accordingly, lie wa> ousted from the P.*.*- ? cy. It gives ns great pleasure to have an op portunity to record this evideuce on the P ir *' of our City Councils, to the effect that : . r have some appreciation for the possession of brains which we have siwavs thought to necessary for such positions ; and we smcvrt-.' trust that if the geutlemen who are no*? ! "° ting members iu the board of the North I'-?-' sylvania Railroad should consider tbcnis* ■ offended by the introduction of Mr. Fert a into their charming circle, they will pros;'-! | rcsigu." THE UNITED DEMOCRACY.— The Democrat State Committee of New Hampshire have, by resolution, proclaimed their oppositiou to Lecompton Constitution, and passed str -~ resolutions endorsing the Douglas popo?* 1 sovereignty doctrine. EXECUTION or JAMES P. DONNELLY— J 3 ®* P. Donnelly, the murderer of Albert > V w* executed at Freehold, Monmouth cotis.' New Jersey, Monday, at 2 P M