Jasper Banner, Volume 2, Number 7, Rensselaer, Jasper County, 22 March 1855 — No Prospect of Peace. [ARTICLE]

No Prospect of Peace.

" .The Tone to“ be adopted by Lord John Russell, at Vienna, it is understood, will be a very peremptory one. Adversity has roused England to a stern humor, and trifling has heroine intolerable to a country which hasseen tens of thousands of her bravest sons sink into an inglorious grave on the soil of aforeign tyrant. The plain, brief question will be asked of Prince Grotsh;tkoff, whether his master will, or will not, accept the terms embodied in the four points, in the sense of the All tesr, without equivoca* tionor answer in the negative, or attempt to evade the issue, it is sai l that the Allied Plenipotentiaries will have no choice but to dissolve 4he-Congress, with the declaration that the war must go oft! The consent on the part of the Czar to accede to the terms of the includes the destruction of Sebastopol, of the Black Sea floaty the annihilation of Russian supremacy in the Black Sea. and the practical renunciation of all hopes of future aggrandizement towards the South, Persia anflindia Nicholas would not dare to submit to dluch conditions, even if he would. It would be an act of political suicide, which might cost him his throne and his life. It is said that the peace party among the old Russian nobles is large, and that the drain of serfs for the army has created much discontent; but it is doubtful, whether there is a single patriotic subject of the Czar who would not sacrifice hie ‘ last man and last ronble” rather than consent to the dishonor of seeing Sebastopol voluntarily dismantled. Important Case. —The Washington Star states that a case is now on trial before the Supreme Court, in which the United States is plaintiff, and the Illinois Railroad and Bridge Company, defendant. This case involves two question*; one i# the right of the State of Illinois to run a railroad through Rock Island, which i* Government reservation; the other the right of the State to throw a bridge across the Mississippi. Attorney General Cushing a#d Mr. Hoyne, District Attorney of Illinois, appear for the United States, Re verdy Johnsontof Ky , and Mr. Judd, Of this city, for defendont*.

r * v Hi* Bank V«t& -vn - The Ne w Yark Journal of Commerce •peaks as foUow*-«f the veto on the bonkbUfi: Governor Wright, of Indiana, has maintained his high character for sagacity and sound principles, by vetoing the bank bills which recently passed the Legislature of that State. \\fo regret to learn that both bills have been passed over the veto, the constitution only requiring for this purpose a simple majority. One bill establishes a State Bank with Branches, the charter of which is to run for twenty years, not subject to any alteration by the Legislature “without the assent of the President branch thereof." This monstrous bill provides that twenty days’ notice of the opening of the subscription books ohall be given, but allows the books to be closed as soon as the amount is subscribed, which would give one man or clique the power to subscribe for the whole, and then cloke the hooka upon all other applications. The most extraordinary provision, however, is that which-au-thorizes the Bank to receive on deposit, moneys, bullion, plato unthrf&--tr articles (f value of small bulk, upon such terms as may be agreed upon between the parties; and then to discount to the amount of three times the amount of its capital, and three times the amount of the deposits!—* Such a basis for banking is a disgrace To'thenagg'ltrwimrtrirrltvFramf-wo wonder that the people of the State allow such a system. Such a bank might well afford to pny a liberal sum for the charter; but we shrink from the supposition that the legislators who supported it could have any personal interest in such a scheme. The other law alluded to, is less obj ec tionable} because its provißious may be changed by the next legislature, and it is not fastened upon the State for twenty years, like the incubus above noticed. It contains, however, no clause of improvement upon the loose system of general banking already established in Indiana, er in the hands of the Auditor. We did hope that the State had learned something from the financial stfug* gle through which it has just passed, but it would seem that this is not the case.

OCrJHodcsty is the veil covering the gentle heart, and patience holds the world adoring.