Indiana State Sentinel, Volume 6, Number 36, Indianapolis, Marion County, 25 February 1847 — Page 2

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ffniUQtttt Blatt SiftUncL WEEKLY CD IT fl OX. tTtAL VIGIL 4!Ctt IS TUB ffcIC OF LIltKTT l.m.4IAlOLlS, IT EH. '25, 1847. mt mm n i 11 n i , . , i, i . . Oiir Terra. Tbe folio trig will hereafter be the permanent terms of the Weekty Indiana State Sentinel: 07rymebts to be made always in advance. Odo copy, one year, $2.00 Three copies, one year, 5.00 Five copte, one year, 8.00 Ten copies, one year, 15.00 Semi -Weekly. (Published three times a week during the session.) One copy, $1-00 Three copies, sjlO.lXJ One copy during the session, r 1.00 J hrre or more copies, each 75 , To Correspondents. T. Nan, Dresden, in We owe roq arotoey for not sooner far.

warding your paper. THo letter u carelessly misplaced and M remained unattended la near three week. With I he utmost attention, we cannot sometimes avoid error. Brother C. Terra Haute Know of bo wit of accommodating, yon at present. A good cbauce mxy abort! occur, when depend on oa. Brother MoHtor, Cincinnati Thoss two MM.V bait mat Ma rtctitU. froHahly H ia owing to the flood. As soon as wo get them, we aball - attack "the malt; when we hope too will not ha va to 44 bold ever" longer than 11 weeks ! C. T. It. Terrc Haute Not having cepy at hand, eaanot make a dUmr and st estimate. Sappos It would not vary muck, -wet done," from s20. It might he ) dependent on tireumstaners. K. W. We cannot be answerable for flood " la tbe Mississippi, or accident by fire on tbe Atlantic. No doo!t the - loanranc Company " ia rood. W. T. r. rr attention ia railed to tho above docking ion,' and tbe Ceaay in particular. Seppoee It ntsj( be right. . M. 11.. Columbus. Will attend to last natter soon. Tour sugjestione are of the true " right stripe ;" and no don'.t tat the - democracy "the trmt democracy are merely resting en their arms. It ia ( ood policy to let tbe forces bare sufficient rest time also to set their -eyea unl.utloned." At the "first blat - you will find them ready The Uoosier Democracy are no laggards 1 1 T. H. M., Pt. Commerce. Will try and make your account "about right;" bat would refer yon to the two Umt weekly papers on tli same subject. Watch them eloeely en II sjecW. H. Fn Ttrra H.ute. Did you et that - tin " mailed to yoa f A brief outline of tlie Stute Debt Dill Of 1817. . It ia extremely difficult to eay what are the precise f revisions of this bill. To say nothing of the character of its provisions, the act itself is tedious and confused, containing repugnant provisions, and oo much that is scnscles, or mere verbiage, that it is an absolute disgrace to American Legislation. It bears internal marks of being a foreigner by birth, and is supposed to have become naturalized by Slate Legislation alone. For example: the 22d sect, begins in the following manner : "The said debt which it is the object of the trust created by the said recited set, (as amended by this act,) to liquidate, as in the said act is mentioned, having been contracted by the authority of the Stale of Indiana, and fur the service of the people of that State,1 Sic. We do not object to it solely as a foreigner; but we think that foreigners ought to be naturalized in a legal manner, and endeavor to speak some christian language. The bill commences by the assumption of a right which the Slate never had, and professes to exercise that right by virtue of a reservation in the 32d tccL of the former act, when the former act bad never been in force ! The State reserved, in the former act, the right to call in the certificates of stock, and for each certificate to issue two; one for each moiety. The State now calls in tbe outstanding bonds and issues a litter of certificates, and declares that the State will never make any provision for the payment of interest or principal of the bonds not surrendered under this act. (Sect. 8.) This bill, like the former one; recognizes the valid ity of tho whole debt, and provides for the issue of certificates of slock for the principal, and certificates of special slock for the interest upon the principal for the past 6 years, at 5 per cent, per annum, creating thus far, a special stock of 30 per cent, upon the whole debt ; and the accruing interest, that shall remain unpaid in 1SÖ3, is also to be funded. The special stock chargeable upon the Treasury in 1853 will be not less than 33 par cent, upon the principal of the State's moiety, and may exceed this by a great amount. The special stock chargeable upon the ca nal will also be very great. Besides this there will also be a large amount of canal stock and special stock bearing 5 per cent, interest for which no pro vision will ever be made until the State shall redeem the canal from the first set of subscribers, and transfer it to another set of subscribers! Trustees. There is created a board of trustees, whose number, duties, and corporate name are the tame as provided for in the former bill. Two of them are to be elected by a majority in number and value of the subscribers. (Sect. II.) Before any bondhold er can be considered a subscriber, within the terms of this bill, the holders of at least $1,000,000 of bonds must subscribe. The possession and transfer of the canal will be made to the trustees for the subscribers When the trust determines by the payment in full of the principal and interest of the canal stock, and ca nal special stock, held by the first set of subscribers, tbe second set of subscribers who take the canal, will al so elect two of tbe new board of trustees. (Sec. 11.) A large portion of the bill is devoted to the subject of the election, duties and responsibilities of the trustees. It is not essential to our purpose to examine that part of the bill. They have the power to fix the rate of tolls oj the canal under the supervision of the Legi la tu re. (Sect. 19, amendment D.) Subscribers. -The bondholders may become sub scribers by surrendering to the State, bonds to the . amount of $4,000,000. They must surrender this amount of bond.9, and subscribe towards the comple tion of the canal to Evansville, $300,000, and advance upon the bonds surrendered 5 per cent by the first day of Jone, 1347. Any other bondholder may sub scribe at any time until tbe first day of Nov. 1947, and advance 5 per cent, upon his bonds to be surren dered, and 6 per cent, upon his advance from the first day of June, 1347, and afterwards surrender Lis bond or bonds by the Cist day of Dec. 1947. (Sec. 8.) They are bound to pay the board of trustees from time to time, as requisitions shall be made, the full amount of their subscriptions. This must be expended, if required, fjr the completion of the canal within four years from tha time of the execution and delivery of the said trust, ax evext which mat kiter happen. (Sect 21.) If, when the $300,000 are expended, tbe canal shall remain unfinished, the subscribers are re quired to subscribe tbe further sum of $500,CCO, and two additional years are allowed to expend this .'ast sum for the completion of the canal. Here comes in the following repugnant or senseless expression " making in all the term of six full years from the taking effect of the said act It before provided that tbe four years shall be computed " from the date at which the said deed of trust shall be executed and delivered," etc. Tbe subscribers are bound to complete the canal, or submit to a' forfeiture ; but it is not easy 4o determine the time within which the canal shall be completed. By the former bill they were bound td complete it within four years from the taking effttt of the act. Tbe new bill provides that all natural and unavoidable accidents upon the works, and all delays suffered or cawed by any officer appointed ty the State, fhatt be omitted out of the computation of the four jeatti- (Swct. 17.) It then farther provides that the four years shall be Computed frOo the - time of the delivery if the deed of trust, and that : luo rinre years shall be allowed if the som of $300, lr) ill Lave been expended, making" the time fix

years to complete the canal. (Sect. 21.) In the last part of the 17th sect, there is a penalty attached to a failure to complete the canal in ten years, deducting the time occupied by delays as specified in the aforesaid term of foiif years, which by floods snd other natural accidents may Increase this term of ten years, to twelve or fifteen years. The meaning seems to be that Ihe term of six years, counting from the delivery

of the deed of trust, shall not exceed the term of ten years, and the time delayed by unavoidable accidents, etc., counting from the taking effect cf the act Thus, if bondholders to an amount less than half the State debt subscribe but equal to $4,000,000, or more, they will be entitled to the possession of the canal, its revenues, tolls, lands, &c, but not to a deed of trust, and the term of sir years will neter begin to run, and they will have ten years and the extra time for delays, &.C., to Complete the canal. But if hold ers of bonds to tiie amount of half the debt, $0,543,000, subscribe before the first day of Nov. 1S47, they will be entitled to a deed of trust, and the fix years will begin to run from the delivery of the deed. Possession and conveyance of the canal. We have seen that if the holders of less than half the amount of State bonds only, fubscribe before Nov. 1, 1947, they will be entitled to the possession of the canal revenues, tolls, lands &c, but not to a deed of trust. When the holders of bonds to the amount cf $.",543,000 shall have subscribed by the first day of November, 1317, and surrendered that amount of bunds by the first day of December, 1947, they will be entitled to & deed of trust, for the Wabash and Erieranal, the lands and tolls and all other premises belonging thereto. The possession and deed of trust are to be given to the trustees for the subscribers. It becomes important to understand how the powers and duties of the trustees tand under each of these portions respectively. When the deed of trust shall be made, the Wabash and Erie canal, and the lands and tolls. and al the premises pertaining to them, will become the absolute property of tho trustee in trust for the subscribers, tobe disposed of at their pleasure, so as to complete the canal and pay the priorities. When the mere possession of the canal, canal lands, etc.. shill be given to the trustees, they will have "full authority to commence and direct all operations thereon or in anil vis: connected thereu-Uh, as contemplated by this act and the former act on this subject (Sec. 9.) By this the draftsman probably intended, that the trustees b.virtue of the mere possession, should have the same power to direct and accomplish every thing which they might direct and accomplish by virtue of the deed of trust, with this difference only, that in the one case, they might do every thing in their corporate name, and in the other case they would do, or cause to be done, tbe same things in the name of the State. This saems to be the enly construction which can be given to this part of tne act, when compared with the last clause of sect. 17. Priorities. This act secures to subscribers the following priorities: The tolls and revenues of the canal and the proceed of the canal lands shall be ap plied, 1st, in payment for work, labor, and materials, towards tho completion of the canal to Evansville. This priority is deceptive; for the existing tolls and revenues of the canal are expressly excepted out of it in this part of the section ; and by the last proviso in this section tbe proceeds of the sale of the lands, in the Vincennes land district, may be applied to the completion of the canal from Terre Haute to Evans ville, 44 or to the re-payment of the cash advances made for thai purpose.''') 2d. In payment of interest at the rate of 0 per cent, per annum upon money advanced by the subscribers for the completion of the canal. Such interest is to be paid semi-annually in N. York. 3d. In payment in full of the principal of money advanced to complete the work. 4th. In paymeut in full of interest at 5 per cent, per annum to subscribers or tbeir assigns, upon the principal of tbeir canal stock which was surrendered within the time specified in this act. 5th. In payment in full, to the subscribers, or their assigns, of their Bpecial canal stock. 6th. In payment in full to subscribers, or their assigns, of the principal of their canal stock. 7th. In payment in full to other holders of certificates of canal stock, than subscribers, of interest at the rate of 5 per cent per annum upon the principal of euch stock. 8th. In payment in full, principal and interest, at the rate uf 5 per cent per annum after the first day of Jan., 1953, of certificates of special canal stock. 9th. In payment in full to other holders of certificates of canal stock, than subscribers, of the principal of such stock. 10th. To pay any surplus or balance which may rcm.in into the treasury. The just rights of the holders of Wabash and Erie canal bonds are excepted out of the operation of these priorities, bo far, that after the first day of Jan., 1S53, the tolls and revenues of the canal from Lafayette inclusive cast to the Ohio State line, shall be applied to the payment of the interest of such bonds. By reference to the R. S. 1839, sec. 57, p. 103, it will be seen that this bill is a serious encroachment upon the rights of the holders of those bonds. It seems that this act, in its priorities, has made no provision for the redemption of scrip issued upon the faith of the canal lands: but as far as this act encroaches upon the vested rights of any person or class of persons it must certainly be considered void. By a former act the fai'h of the State is pledged to apply the revenues of the canal and the proceeds of the lands in payment of the principal and interest of the Wabash and Erie canal bonds. This includes only the lands then granted. tifi-t-rtincates If the bonds are not surrendered for ce stock, the holders can receive no payment from the State treasury ; and if they should be surrendered after the first day of Nov., 1917, they might, perhaps, come within the direct provisions of this act and lose their priority upon the revenues of the canal. Forfeitures. For a failure to pay any requisition lawfully and regularly made by the board of trustees for ninety days after notice, each subscriber will forCit a. 71 almmAaa rasrld Ks I i m Ok TA sail fV I Af! llOfl ,c 1 ? Tr .... rv (.lias 4. t ccuiv,o iv iiiias uv. v. y a auo board of trustees fail to complete the canal to Evansville on account of the failure of the subscribers to make the proper advances within the period of six years from the time of taking effect of the deed of trust, except casualties, &c, (Sec. 21.) the subscribers will forfeit all their priorities, and all tbe canil stock will be placed on an equality. (Sec. 17.) Should the trustees from the same cause fail to complete the canal within the period of ten years, casualties &c. excepted, from the taking effect of this act, the canal, and lands, and every thing pertaining to them, will revert back to the State; buf not so as to invalidate or affect the sale of any land made in good faith- (Sec. 17.) Certificates of stockTor each bond surrendered the State will issue certificates aa follows : 1. One certificate for one half the amount of the principal of the bonds bearing 5 per cent, interest per annuta, payable eemi-annually in New York, out of the State treasury. This is called Slate stock. 2. One certificate for tbe other half of the principal of the bond, bearing 5 per cent, interest per annum, payable in N. York, semi-annually out of the canal revenues only. This is called canal slock. (Sec. 1.) 3. One certificate for one half of the back interest that is to say 21 per cent, interest upon the whole principal of the bood, or 5 per cent upon the half, chargeable upon the State treasury, for 0 years from January 1, 1311, to January 1, 1847, bearing interest at Ihe rate of 2 per cent, per annum after January I,,13ö3, payable in New Yeti, emi'armually, and chargeable UDOn

the State treasury. Thii certificate upon the surrender of a $20C0 bond, will be for $300, and is called Slate deferred slock, or more properly State special slock. 4. One certificate for the other half of the back interest for .the same time, and at the same rate, and being for the same amount ($300,) bearing interest at the rate of 5 per cent, per annum after Janu. ary 1, 1S53, payable in New York semi-annually, and chargeable upon the canal lands and revenues. This

caiieu canai ajerra siock, or more propeny canoi . ... t 1 special stock. (Sec. 2.) 5. One certificate to be Issued on or before tbe first day of January, 1353, for the interest at the rate of one per cent per annum, from January 1, 1347, to January 1, 1853 upon the principal of State stock, bearing interest at the rate cf 2 cent, per annum after January 1, 1SÖ3, payable semiannually in New York, and chargeable upon the State treasury. This set of certificates when issued for the surrender of a $2000 bond will each amount to say $G0, and is also called Stale special stock. This may be included in the other certificates of Slate special slock (Sec. 3.) 5. The State also undertakes to issue at the time of aech semi-annual payments to the holders of certificates of State stock, certificates for such portion of tbe interest as the State revenues shall fail to pay, bearing 6 per cent interest per annum, payable out of the State treasury semi-annually in New York. This is funding the unpaid interest al the time of each payment at 6 per cent, interest These certificates will probably be numerous. If there should continue to be a defict in the treasury until January 1, 1653, there will be twelve issues of this set of certificates. (Sec. 3.) 7. Certificates shall be issued semi-annually from January 1, 1S47, to January 1, 1S53, for such interest upon tbe canal preferred stock, as the canal lands and canal revenues shall fail to pay. This is to be converted into 5 per cent, caned special stock, January 1, 1853. These certificates mast be numerous as there will probably be twelve issues of them. This is funding the unpaid interest on the canal stock. Sec. 4. Tnere is a proviso in the lUth section " that no interest shall at any time be charged upon any semi-annual deficit which the revenues of tne canal shall fail to pay." Eut this proviso is repugnant to the 4th section, and void. 8. Bondholders who do not subscribe before the first day of November, 1817, may still subscribe their bonds. and receive certificates of stock, and although they will not be entitled to receive any of the canal revenues in payment of interest upon their canal stock, yet they will be entitled to receive certificates for such interest in full, which in 1S53 will become 5 per cent special canal stock. This pet of certificates is similar to the set last specified ; but this set is for the whole of the interest, and that only for the deficit. Sec. 8. The canal special stock upon this portion of the cana' slock will be 60 per cent upon the principal in 1853 9. The board of trustees are required to issue to the $800,000 subscribers certificates for the loans made by them from time to time for the completion of the canal. This amount is paid in five per cent advances, which will require four issues of this set of certificates. They bear six per cent interest, and the subscribers will take good care to have them paid out of the first proceeds of the sale of lands, (see the last proviso in sec. 10.) These certificates are chargeable upon the canal lands and canal revenues, (sect 9 of the o!d bill and sect. 10 of the new bill.) 10. The board of trustees ore required to issue to tbe $500,000 subscribers certificates for advances bearing six per cent interest from date, payable to bearer, and chargeable only upon the canal lands granted by the U. S. to this State by an act approved March, 1345. There will also Le a number of issues of this set of certificates, (sect 21.) Rcappraisement of canal lands. The lands selected for the completion of the Wabash and Erie canal west of Tippecanoe river, and the lands selected for the completion of the canal east of Tippecanoe, which were classified before the same were offered for sale, are to be reappraised. This includes both the unsold lands and the lands which have been sold and not fully paid for. The unsold lands will be subject to entry at the appraised value, and for the lands already sold but not fully paid for, the purchasers will be required to pay at the rate of the rcappraisement ; but probably not to exceed the contract price, (sects. 23 Si, The Concert. Our readers will notice that Mrs. Irwing's Concert, postponed on account of the inclemency of the weather, will come off this, "Wednesday, evening. The mere announcement of this fact will be sufficient to Insure a large audience. Her talented performances heretofore have been witnessed by thousands ; and many yet are unsatisfied. We understand that this concert is given at the request of our most intelligent citizens, many of whose children have become "the children of song" and music under her able tuition. This being tbe "last chance," we have not a doubt of its being a "bumper." Famine In Ireland and Scotland. Relief Meeting at Indianapolis. At a public meeting held at the Court House, pursuant to public notice, on Tuesday, Feb. 23, 1847, Rev. Wat. 'Daniels was appointed Tresident, and James Gallespie and Rev. A. II. Mters, Vice Presidents. On motion. Dr. J. S. Bohbs, and J. B. Dillon, were appointed Secretaries. . After prayer by the Rev. Mr. Myers, the object of tne meeting was stated oy tne President The meeting was then addressed by James 51. Ray, William r'Sneels' JuJe Thompson, Judge Morrison, Calvin i Fletcher, Douglas Ma guire, James Blake, John Car lisle, Nicholas McCarty, John Wilkins, Col. Davidson, and Rev. Mr. Kavanaugh. Several most affecting accounts were read of the destitute and famishing condition of the population of Ireland and Scotland. On motion, the following citizens were appointed a committee to prepare, and put into operation, the most expedient means of affording to the citizens of Indianapolis and Marion county, opportunities of contributing money or provisions for the relief of the people of Ireland andScotland viz : C. Fletcher. H. F. Coburn. John Carlisle. James Blake. John Wilkins, and J. B. Dillon. Resolved, on motion. That said committee shall have power to appoint such sub-committees as they may deem proper to aid them in the performance of their duties, and that the committee prepare an address to the people of Marion county. On motion, resolved, That the said committee make a report of their proceedings at an adjourned meeting to be held in the basement of Roberts' Chapel, on Friday evening, 26th inst, at candle-lighting. On motion, the meeting adjourned. WM. DANIELS, Prest. James üallesfizJ v. -j . A. II. Mters. Vice Presidents. J.h. BOBBS, J. B. Dillon Secretaries. Jons Qcrvcr Adams. Tbe New York Tribuno of a late date says : 44 This venerable Statesman, whose detention by reason of severe illness from his seat in Congress has been felt as a national calamity, arrived in town last evening en route tor Washington. He is accompanied by hit wife and bis son, Charles Francis Adams, Esq. O-Johs M. Botts, the same man who slept with Johx Ttlir, and afterwards pledged himself to "bead him or die," but couldn't do the one while be perversely refused to do the other that same identical individual, has been nominated for Congress by the whigs of Richmond, Ya. . fjr-Mr. Calhous has suddenly becomes great man with the whigs. Wonderful is their appreciation of his talenti and their admiration if hit partj; . They are bursting with indiguatiost against the Union, for commenting upon bis speech.

from the Union, Feb. 13. Congressional. Tbe Senate was occupied to-day with the exception of the "morning hour" during its entire session, which did not terminate till five o'clock in the afternoon, in the consideration of the resolution offered by Mr. Yulee for the exclusion of the editors of tbe "Union from the floor of the Senate chamber. Long before noon-day, at which time the Senate is opened, the calleries, vestibule, and lobbies of the chamber

wfic i-utfu wiui m dense crowd, amongst which were , . dist;nfrulghed citizens from various parts of the country. Ihe floor was also quite f o . . crowded. Mr. Westcott opened the debate in a speech of two hours duration, embracing a great variety of topics. In the course of his remarks, the honorable gentleman raid : I warn the de noeraey of the people of thU country that they don't know the ooe-iweniielb part of lie corruption the feculent, reckio con op too of thü government! I tell the people of this countiy that the govrrnmtot and the inMilotions of ike country, are used but at a machine to plunder them for Ibe tenfit of office-r.eeeir. I solmenty be lie to that if ibe people ot the United S:t-s knew the manner io which the government is conducted, :f they could all be assembled be re in tho city of Wah cgt.n, in twenty-four hour tliejr would excite a icvolutior. and tumble the President, the beads of departments, both houei of Congress, whig arid democrat, brad oer heals into ibe Potomac ! and I believe the would aeive tnem tight too!" On this remarkable declaration of the senator from Florida, which elicited a burst of laughter, Mr. Bright, at a subsequent period in the debate, very properly commented. Mr. Bucht saidt I propose to draw a comparison between the language of tlio senator from Floiida Ibis morning s applied lo the President of the United States and ihe two houses of Cong ies, sod that which has been termed tbe libellous article ia the 'Union. "Mr. WrfcTti. Mr. President ! "Mr. Bucht. I yield the floor. "Mr. Wesvtesu If the senator will allow me, in Ihe spirit of peifect kindness, I would suggest that it is not in order In mke any such comparison as bo proposes. It is a well known rule ia the Senate, thai no out can make compaiisons dnrepetiful to members. A member is always privileged lo say what he pleases, and cannot be called lo account for what he syi here. I make this iug$estioii in 11 kind ess. "Mr. BaicHT. I acced it in the same spiiit. I will re lieve tbe senator from any fear of the violation of order, by saying that I will not trespass on any rule of this body. If I do, the senator can call me to older. 1 understand thai the editor of the 'Union' is charged with publishing a libel, and that Ihe libel consists in Computing ceitaio merobeia of the Senate with the f.-ingn enemy, 'i bat is ils substance. Now I understand tlat the senator fiom Floiida, this morring, said that be believed if .ihe people of the United States knew of the fiaud and coiruption which existed on tho pait of tho President, Senate, and House of Representatives of the United States, they would ause in their stiengih and tum them all into tbe Potomac." Mr. Westcott then said be did not say that ; and added that he had said what we have given above. Mr- BaicHT proceeded. He admits it, then sod now I ask, Mr. Picsideot, whtiber it does not amouot to a jreater libel, not only on this body, but the House of Repiesentitiers and ibe Executive, than tbe alleged libel in the "L'i iOD Yet that is tbe declaration of a senator prcfetting to be1ng lo the democratic paity! Sir, I ak biro for bis pi oof f I demand the facts on which ho rests the declaration that tho party to which be professes to belong is floating in thi sea of conuption ! Cau he answer ? Can he poiot to one fact which sustains his allegation ? He is silent. Sir, bis silence warrants me to believe that that allegation is just woith about as much as his declaration that tbe present Chief Msgistiate, if before the people, could not carry a single township. 1 take it for granted that hi speech is all of a piece, at least that poition of it which refeis to the party to which be piofesscs to belong aud the piesenl siaodmg of the Executive of the nation. Mr. Mason very ably and eloquently vindicated the freedom of the press, as did also Messrs. Hannegan, Cass, and Chalmers. Mr. Calhoun spoke at length in favor of the resolution. 1? the midst of a very vehement expression of his most unqualified approbation of the conduct of the administration in marching the United States forces to the Rio Grande, which he pronounced "a master stroke of policy," Mr. Yulee was called to order by Mr. Mangum, who was in his turn called to order for the 6ame reason. Finally, the vote was taken with the following result : YEAS Mess is. Archer, Badger, Beirien, Butler, Calhoun, Cillry, Thomas Clayton, John M.Clayton, Corwin, Crittenden, Da vl, Djj Ion, Evans Cieene, Huntington, Jarnagin, Johnson Of Loubiana, Mangum, Miller, Monhead, Pierce, Simmons, UpLam, Webster, Westcott, Woodbiidge, and Yulee 27. NAYS Messrs. Allen, Ashley', Atchison, Atherton, Bagby, Breese, Bright, Cameron, Cass, Chalmers, Dickinson, Dix, Faiifield, Hannegan, Houston, Mason, Niles, Sevier, Soule, Sturgeon, and Tumey 21. Thesecond resolution, excluding the reporters of the "Union," was withdrawn; and yet in their "hot haete" to strike further at the "Union," Messrs. Yulee and Calhoun would have originally turned these reporters out of the Senate chamber, unheard! Such is their Rhadamanthus sense of justice. They con-, demn at first, and then might hear the accused afterwards! After the adoption of the resolution, a very important message from the President of the United States, in relation to the prosecution of the war; the proper organization of the military force recently authorized; the measures necessary to the re-enlistment of the volunteers whose term of service may expire before the war is brought to a close ; and the best means of increasing the revenue and sustaining the credit of the country while engaged in the war, was read and referred to the Committee on Military Affairs. A copy of this message will be found in the report of the House proceedings. Owing to the length to which the debate extended, and the demand from other sources upon our columns, we are obliged to defer the report of it, as well as of that portion of yesterday's debate which was omitted in our last. All will be given at full length in our next publication. In the House, the debate on the three million bill was continued. The Hon. John Quincy Adams made his appearance in the House to-day, and was received with the most marked respect. Correspondence of the Cincinnati Enquirer. Washington, Feb. 13, 1847. 41 Hung be the Heavens with black." 44 Turn day tonight;" for an awful calamity has befallen the Democratic party, a calamity it can hardly survive. Mr. Westcott, one of the United States Senators from Florida, has left the Democratic party. He so announced in the Senate to day. The Democratic party has met with terrible misfortunes before, but 1 fear none equal in degree to this. We may possibly get over it ; but the chances, I fear, are against us. . This Senator took occasion to-day, in speaking on Mr. Yulee' resolutions, to denounce the Democratic party, as the most corrupt party in the couniry, kept together only by the spoils of office its administration full of sores, and boiling over with corruption. He would not claim fellowship with it This isaFample of hin epcech. I have heard many malignant political speeches, but this went beyond anything I ever heard before. But such is always the case with deserters. They must do something extra to recommend themselves to the party in whose embrace tliey cast themselves. Tbeeffronter) of this foul moutheu Senator met with some severe rebuffs. After his tirade against the Democratic party, he went over to where Senator Bright, of la., was sitting, held out h;s hand and said to lurn, ' how is my democratic brother getting on V Mr. Bright replied, 44 Sir, I can't shake hands with you." Mr. Westcott wanted to know why. Mr. Bright told himjie had no explanation to give, and turned bis back on bira. Tbe Senator kept his hands to himself until he went over to the whig side of the chamber, where he had as many shakes as he wished. He next got in the lobby by the seat of a member of the House, and commenced conversation with bim. Mr. II. the member told him he did not wish to talk to him, a man who would in his place on the floor of the Senate state a deliberate falsehood as he (Mr. Y.) bad done, he (Mr. II.) did not know how to take him. Mr. Westcott said his constituents would sustain him. Mr. H. replied that was as much as to say his constituents were as corrupt as he (Mr. W.) was. But after Mr. Calhoun had defined his position in opposition to the administration, as he did yesterday, it beme a matter of self-preservation in the friends of Mr. Calhoun to take very bold ground against the administration and tbe democratic party. 1 say selfnrpapmtinn 5 rwn !lt thm In tYm ontima frr if ttiotr cannot by a terrible onslaught prostrate the adtniuis- ! tratioti, they must go down themselves. The line has beer crossed, and the country can now appreciate the. difficulties of the dmiuistration in successfully carrying on a war to a speedy and honorable conclusion. ! After Mr. Westcott had concluded, Mr. Mason, of, Va. addressed the Senate. It was his maiden effort He is a pleasant and forcible speaker. He was against 1 the resolutions; I Mr. Yulee again addressed tire Serrate lU put bis ' reasons for introducing these resolutions on new ; grounds. It was for the preservation of State rights

After several speeches bad been made, the Senate took a vote upon the resolution to deprive Mr. Ritchie, of the privilege of coming on the floor of the Senate, on account of an article that had appeared in his paper the 44 Union," which was alleged to be a libel on the Senate. The vote stood yeas 27, nays 21. So the resolution was passed. All the whigs voted in the affirmative true to the instincts of those who enacted the alien and sedition laws. But what Senators, professing to be democrats, voted with the whigsl Here they are. Mr. Calhoun and Mr. Butler of S. C, Messrs. Yulee and Westcott of Fa., and Mr. Chalmers of Miss. five in all the balance of power party, as Mr. Tumey called them yesterday. So this is the finale of the effort made by President Polk to appease "the friends of Mr. Calhoun, and thus produce harmony in the democratic parly, by bringing Mr. Ritchie here to take charge of the leading paper of the party at the seat of Government. Mr. Ritchie and Mr. II. II. Robinson can now shake

hands together and divide the honors between them. Let no man hereafter say 44 look to the Sesate." The power of that body will reach him in some way. The only thing in the House of interest, aside from the discussion of the three million bill, which was kept up until C o'clock in the evening, was the appearance of the venerable member from Mass., Mr. Adams. Mr. Hunter of Va., was speaking at the time. He stopped; and Mr. Johnson of Tenn., who has been occupying Mr. Adams' seat, surrendered it to him with a few complimentary remarks, which were returned by Mr. A. The members then, without distinction of party, went and congratulated the old gentleman upon his re-appearance among them. From the Cincinnati Enquirer. The Sciiatc-OIr, Calhoun. The remarks of the distinguished Senator from South Carolina, upon Mr. Yolee's resolutions, have unravelled a Dortion of tbe enijmas contained in his previous speech upon the Teace Bill. Not only docs he take ground, most decidedly, against the war, as a measure of policy, but in repelling the charge that it followed, as a necessary consequence, tne annexa tion or Texas, in which he bore a most conspicuous Dart, he adopts the ground of the more factious and unscrupulous of the whiffle aders, and attributes it to the act of the President, in taking possession of the Rio Grande; and goes so far as to charge usurpation of power upon the Executive, in determining a douutlul question of boundary. The answer that has been given to this charge when made by whigs proper, will equally apply to it, when falling from the lips of their long 6ilent, but now open ally. Strange, though, that a mind so close and logical as Mr. Calhoun s, should not perceive the inconsistency of his position, in the manner in which he states it. The annexation was not the cause of war; it arose from the occupation of territory that was said to be disputed. Yet in all the documents there was not a word of this. The Mexi can Minister protested against the annexation of any portion of Texas; and cut off all intercourse belore a question or boundary was raised. Mr. tallioun says he offered, as Secretary of State, to treat with Mexico as to boundary so did Mr. Buchanan. Why did she refuse 1 Because 6he had resolved to assert a right to the whole. She protested against ant annexation, and made that the pretext of taking the initiative in war, which, by other acts, she had amply provoked, and had reason to fear was impending. And all this betöre Iren. Taylor was even ordered to the iio Grande. That march was a measure of safety, not of provocation, for Mexico had really declared war, before that movement was begun. Mr. Calhoun's justification of Mexico, is one which she has not yet made for herself. The position which Mr. C. has at last openly as sumcd in this matter, will serve to 6how the country why the measures of the administration have been so continually thwarted in tbe Senate ; and will further 6olve the problem, why that body has been chosen as the place in which to make an organized demonstra tion upon the President, Mr. u. is exceedingly in dignant at the charge of Mr. Tumey, that there is in the Senate a "balance of power party," consisting of Mr. Calhoun and his friends, which, though claiming to act with the democracy, is in reality actuated by the motive of promoting the Presidential aspiration of a single individual. And yet what stronger evi dence could the country have, if indeed it needed any other, than has already been given, that such is the fact, than the recent coalition m that body, to cmbar rass and prostrate, if practicable, the administration upon this war question. The whig leaders are too sagacious to venture upon such a proceeding, without some assurances of success. They have had such ; and thus far, they have been at last partially realized. It is no matter whether "the mountain has gone to Mahomet," or 44 Mahomet to the mountain," the whigs to Mr. Calhoun and his party, or he to them. The only difference would be, that instead of acceding to terms, the 44 balance of power party," has dictated them. The truth is none the less manifest that such ' a coalition exists, and the country cares less, at this moment, about its motives, than its results. The former of these will hereafter become a matter of consequence, the latter are at present full of deep and vital importance. The end and aim of the high contracting parties is to turn this war into a piece of political machinery, to prolong the contest, at any conceivable sacrifice of blood and treasure, in order to accomplish their joint and several political purposes. With one the object is to embarrass and break down the administration, in order to bring federalism into power. With the other to promote a single ambition, to rouse a sectional prejudice, and to break up the long established organization, and with it the unity of the democratic party. The 44 surprise" of Mr. Calhoun that these matters should be openly spoken of in the Senate, is probably attributable to the fact, that the body itself is so far removed from the people, as to learn, very tardily, the expression of popular opinion ; as iudeed it seems to care very little for the public will. Mr. Tumey is not entitled to the merit of having discovered the 44 balance of power," which rules the Senate ; and so mischievously and wickedly guides the purposes of legislation. The people have Jong since 6een these things; and awaited with deep anxiety the result. They have earnestly desired that, at this time, the cup might be put from them; that in this exigency of the country, selrishnes, and intrigue and manage ment would be Jo id aside for a season, that a great common purpose would bind all together, until the day of trial should be passed: and that above all other tilings, much as we might differ as to the causes of the war, in which the country is involved, we would all concur in the accomplishment of an early and honorable peace. But this we fear is not to be the case; and if not, the country, as it has already anticipated, will seek and demand to know truly, the cause, that it may be just in its condemnation. We appreciate very highly the character and talents of the distinguished Senator from South Carolina. We would not, and we do not deal unjustly by him. He is unjust to himself. We have noticed his inconsistency in relation to the origin of the war. He is equally so as to its prosecution and results.- He advocates a line of defence and military occupation, in order to coerce negotiation, yet he hesitates about providing the means for immediate negotiation, though he is assured it would be successful, and adopt the xerv line vhkh he favors. There is in all this, an enigma which he does not solve for us; some line of policy which he does not disclose. There may be, and no doubt is, an explanation of this point ; but we do not choose to enter upon it now. With the north it would be no recommendation ; but we shall come to that point hereafter. It is consistent with the great 44tme idea which Mr. Calhoan has steadily pursued ; and which has been, and will continue to be, the bane of bis political fortunes. 44 It is the last hair that breaks the camel's back ;" and in this instance, he may ternpt too far Iiis destiny with the great democratic party of the country. From the Louisville Democrat. Calhoun's Speech. This document will attract considerable attention, owing to the talents of the author, and still more owing to his position. It is well known that he holds the balance of power in the Senate of the United States. He can pass or defeat anv measure on which there is s division of parties, ? bv nnitinrr with the whifrs or democrats. He then occupies a position which gives him a responsibility of the greatest weight. His movements then should be examined with all candor; but before we proceed, we cannot help adverting to his previous pohcy on the great question of annexation, out of which the war has grown. . He was avowedly the champion: of the measure. His motive fo advocating annexation, and in fact starting the measure into existence, was avowed the other day in the Senate and we give it in his own words : I received information I will not say flkhl but from a

quarter In which there could be no mis'ske, that an interview bad taken place between Lord Aberdeen and a deputation of tbe World's Convention. I was then at home ia Sooth Car oliaa, and immediately transmitted to Ibe Secretary of Slats that information, accompanied by tbe suggestion that it de-

manded instant attentioa. I suppose that letter and my communication formed one of the reasons for tbe movement then made for annexation. What was then the condition of Texas She was weak, and the suggestion was that Mexico would recognize bcr independence if she wou'4 agree to abolish slavery. Tho time had come, and tbe consequence bad to b met. I accepted the ornce lecretay oi Mate) itb all these difficulties before me. 1 said this office is unacceptable to me. I go in with a great deal of reputation, as I judge from tbe manner lo which I have been nominated and confirmed. 1 will experience gnat oioicuiit, ana may come out with much less refutation thin I go in. But I undertook it, and wben I undertake a thing, I do it directly. 1 put it on the true gioortd, that this movement was intended ( to biing Texas under tho control of England, to aboli-h slaveiy there, and through that, abolition throughout the country. A treaty was formed, and it snared me lale that might have almost been expected from ibe weakness oi tbe administration. I was defeated. But the Senator says I bad stipulated io that treaty that the Rio Giaude was tbe bound ary. It seems that Mr. Calhoun dreaded the influence cf England on Texas, simply because slavery would bo abolished. He would annex lexas to prevent such a result. The whole policy of the Union must tend to this one question, the perpetuation of slavery. Texas must be annexed lest slavery should be abolished there. Here Mr. Calhoun does precisely what the abolitionists are accused of doing. He thrusts this question of slavery into the policy of the General Government. We protest againt fanatics of all 6orts North and South. All we ask of the North and all she will grant is neutrality. This is the only tenable ground in this Union; but if we thrust the question into National politics, how can we blame the onu for their action ! Mr. Calhoun can do the Sooth do greater injury than by calling upon the General Gov ernment to act upon such considerations as he here avows. But we let that pass. Mr. C. sent, as Secretary of State, the Texas treaty to the Senate, disregarding an claims oi luexico, ana in tne iace oi tne protest of her minister. He wrote to Mr. King letter, official, and the most insulting to England that ever was penned by an American statesman, attribu ting to her the vilest hypocricy, in undisguised terms. No one was so unceremonious with Mexico op to the time he left the office of Secretary of State ; but now he contends Ln t annexation was not the cause of v, ar. To have boen deceived as to what Mexico would do years ao, is pardonable, but that a man should still insist that her threats of war were all idle, is surely preposterous. She bad declared that tbe annexation of Texas would be a virtual declaration of war in every shape and form ; but it was all bravado! It was ! So every one supposed when she mustered ler forces on the Rio Grande. So it was thought when the army marched to Monterey. "We should think that a man not determined to be ignorant in Fpite of experience, might understand Mexico a little by this time. Before the army marched to the Rio Grande, the war cry was raised in Me? ico, and Faredes, taking advantage of it, was preparing to overthrow the Government, because it was suspected of an intention to make a treaty. In consequence of the war cry, that Government backed out from receiving a minister. Upon this suspicion the Government was overthrown and the war determined on. Our minister was virtually rejected at the start. Mexico now looks to the annexation as the offence. This everybody knows. Mr. Calhoun may eay that it was the march to the Rio Grande that caused the war. He must then reject all the declarations of Mexico treat all her threats of war with contempt afier all the experience we have had. He now would back out from the war and throw the blame on other people He would not have California if it is to be free territory, but if England should get it what then ! Would he then call upon the country to annex it to prevent its being free territory under the English Government, as he did in the case of Texas ! How could any man in his senses expect or ask the North to act from 6uch a motive on a question of this kind ? We believe that Mr. Calhoun is absolutely insane on the subject of this peculiar institution. A few abolitionists and a few negroes govern his whole statesmanship. His late movement places him in opposition to the present administration, decidedly, and we hope he will, hereafter, be so considered. We in tended to say a word on bis plan of masterly inactivi ty in the Mexican war ; but we must postpone it until to-morrow. fj7"Tndian corn and meal imported either in foreign) or national vessels, is declared to be free of duty for the space of six months in Cuba. i D. S. 3ICUCIIA.T TilJLOIt.l HAS just received a new and splerkiid assortment of TotüJ, Cassisneres, Sallinets, Tweeds, Vesting, and Trimmings. Also, a tarse ! of Sfriog and Sraaur Gdi ; aU of which wiU be aada l order, and at tbe shortest nice. Gentlemen's Furnishing, nf every description, constantly on hand. Ready made cloüiini Coats Pants, and Vesta, made in I ndianalw, and warranted. Come aU ye needy tbat have Ue dimes in your pockets, and get bargains. Nnrris' Buildings, ton. 8. E4-tf WHEAT WANTED. 1 O 000 Bushels wheal wanted immediately, for wbkb Ihe buchest AVjlVAJ pne wiU be paid ia goods at the lowest easb prices. Checkered Store, where terrains are to be had at all limes. Call and see. S-isif NOTICE IS HEREBY GIVEN that pursuant to an Act of the General JL Assembly of the Ute of Indiana. passed at Its last arsion. sraled piopoeala will be rmeived, sddreeord lo the tint" rsigned at Indianapolis, at any lime beftir the 16th of March neit, lor three s. lo he srpnralety bid f , necessary fur the compk-Uon and construction of the new Hints Prison, at JefierxMiville, and as appurtenances : Tho first job to consist principal'y of carrying up tbe wall immedUtely surrounding the ran res U cells, requiting the residue of lb some mammy lo ciiirespntid with the wrat wall thereof so lar as finished, wiito a superstructure of brick aa high as the coney ponding walls of tho M Guard House," with which K is connected, to bo covered with a sheet iron roof, connected with Ih it of the Guard House, and of like maierml and wnrkanansliip paving with brick Ibe area brtween Uw cell ranges and lite wall surrounding the sameplastering the upper story ot cells lurring, lathing and plastering ihe inside ot Ihe tone wall Immediately surrounding the ranges ef cells plaering Ihe inside of Ihe brick watl.upon Ihe last named wall plastering the ceiling overhead, between the said surnsindint wall and Uie upprr story of cell pn jeeting flour nf proper width for passage, running along by I lie doors of each story of cells wall en nable wooden railmg lor rack fl-or laying a flois; between tbeedlnce of cells and the Guard House flight uf suirs Irom said flmr to the several stories of cells locks, or oth"r sututnle m-xls ot faening the cell doors fumixhiiig aa imu its and a close piink gs.'e for the front entrance hi the external wall Macadamizing ail inches deep (oa a stone psTSment) lite unfinished road ways wtUiin the outer primta enclosure omitHiing two easterns walnn said encknons, to corvevpond wKh Ihoa. already finwh-d--(Rilling two additional fliglMsof sburain Mis t;wir House and m iking a door in the west side ol Ihe same, riintirr par. lieu lar in tits uKole of c-in-tntctint tie forrgow(, caa be had of Uavid W . Miller, of New Albany, late supenniea dent, who has the SprClflcNtions. The second job is In consist of furnishing and patting up tin fitters, and conductors fur the buildngs of Uie prison, and of the dwelling for I toe aeeier ana wsrorn. The third job will embrace the construction of a work shop of buck 115 by 40 feet, one at -r I i feet high, in the western divanost of lbs prisoo area, lo be covered with a shingle roof. The fiMinh jb ennuts of Ihe amstructioa of a brick two story dwelling for Uie keener and warden, a bt distance east of tbe an a in. external wall, with a atone fuundauoa, two cellars, a wet, and a aoitabkt enclosure. As Illental has already some materials on band, at tbe prison, in diflerer.'t states of preparation, eons suing principally of stone, iron, lurtber, ate., she is to be credited accordingly, so (ar a the same caa be' worxed Into any of the contracts. Bidders will stste their prices as follows: For stone watt, per perch' of 25 cubic teet fur cut stone coping, sills and caps or windows oa the walls enclosing tbe cells, and for cornice, fire-wall, and chimney coping, aepanmiely, per superficial tint, face work all other cot atone work in the same manner ft brick work, by the Utnuaand I the wall, neat measurement, exclusive of angles and opening aingl and oVsjble pa vint, by the superficial yard, including sand carpenter's work, at a rats per cent above or helow Ute New Albany bill of prssee, as at present published for lumber, at the usual measurement for plalerine. per superficial square yard, neat measurement fiw painting and glazing, by a rate per cent, above or below the Ntw Albany bill of prices, as at present published for iron work, by Uie pound fur finished work Ast sheet iron roofing, per square of 100 superficial fcel for ba gutlers and conductors, by the foot, lineol measure fcsr paving and Alacidnmuinj road-way per square of 100 superficial ft, including both Car glass, locks, binges and hardware, (necessary allowance will be made fur the actual coat as delivered al the prison tot excavwlosi of earth, by tho cubic jard for the well for keener and watdea's dwelling, 2 feet wids in Uie clear, by tha perpendicular loot, incloaing digging and walling wktl bard brick. 'Ihe ß rat job is to be completed by the 15th of Jane nex-t. Trie second, so far as Ute buildings shah admit of m, by tbe mid Urns, and on the other buildings immediately after they are finished. The third job Is to be compiled by the 1st day of August next. The fourth by tbe 1st day of July 1844. Bidders shouid attend at Indianapolis on the 16th of March neit, prepared to enter into contract under a penalty, (with approved sureties.) in double the amount of the prices agreed on. Atlhouch Ibe jobs areas be propneed for separately, yet all or any leas numbers' them will be awarded lo the same party, should ihe bxta be low enough. JAMK3 WfJlTCOMB Indianapolis, Feh. 11,1847. 82-3w rotate Journal, New Albany Democrat, and Louisville Democrat, give three weekly insertions, and tnrward accounts to Uns office. A D M I X ISTIt ATO II' S SALE "AJOTICG ia hereby given that the undersigned, Administrator of il the estate of Anderson Murphy, late oi Manoa county, defeased. Will on the lUh day of March, A.D. 1647, proceed lo sei a tot of corn,, consisting of about on hundred and fifty, busbe la, belonging to said' estate. A liberal credit will be given lo purtreis, and notes required wkb sufficient security, made payable witbo-ti relief from varuaooa or apprassmenl laws. JACOB ROBERTS, Feh. 18th, IS47. 83-3 Administrator. sali:. ON the 1st day of Marth next there wilt be sold to the highest bidder, at the Farm of John Vebb,Jate of Marion county, deceased, five or six hundred bushels of corn al the crm; also one cow, as ihe pmpeny of said deceased. A credit unlil the 1st day of June,. 1S47, wil be given, by the purchaser giv'ng bond and ariproved arearity, made payable without relief Dom valuation nr appraisement laws.. Feb. 8, 1817. E0-3W AITGUSTIN W. vVEHB, Admr. ISOTICE 18 hereby given, that on the 6th d.ty of March. 1S47, t will offer for aale the persmirt effects of Peter Stuck .deceased, at bis lateresi. drnce on the farm of A. lieof-ea, Esq., some two miles oa the Madinn road, mi'b uf Indianapolis, among which is a large wagon, earn harness, soma articles of household and farming ntensils, a cow andi bester, sons corn and grain. A ered a of sis nwntus strm evar UirM dollars; notes with approved security wwheatt relief. All wbo owe ibe estate are reqaested to make payment, and those who hare, claims, tn present thein. It is ao:mosed ihe estate Is insolvent. elXJw . JOÜIIU.V8TtVE.S,.f(i'K