The Express.
London, England, 1847-08-30 00:00:00

Tobasco. The reason assigned for this step is the
sickness prevalent there ; the Sun of Arsaltuac attri-
butes it to the overwhelming force of the Mexicans in
the vicinity, and fear of an attack.
The news from Matamoros and Monterey contains
no new feature.
An overland express had come in from Oregon with
advice*, from the mouth of the Columbia, to the sth
of May. A copy of the Oregon treaty, with the rati-
fications exchanged in London on the 17th of July.
1846, had been conveyed thither by the Madmen's
Bay Company's barque Cowli.z. The latest Nowa.
paper published in Oregon mentions that four vends
had entered the Columbia nearly together, and had
been despatched with cargoes in the course of a month.
"In the autumn," remarks the editor, " when
oar granaries are crammed with wheat, and our
storehouses with flour, we hope to chronicle a still
greater enlargement of commercial operations." Com-
mander I)rake, of the British ship Moderate, was en
his way with a small party from Oregon to the
United States by the overland route. Fears were en-
tertained for his safety, on account of the numerous
bands of Indians prowling about the Rocky moun-
tales.
From California also news had been received over-
land. The American San (New York) states that
General Kearaey had caused Colonel Fremont to be
arrested and sent home to the United States for trial.
The sufferings of emigrant parties on the route to
California are represented as having been extreme.
Elections for members of congress were held out
the 2nd of August in Kentucky, Indiana, lowa, Ala-
bama, and. on Thursday, the 23t11, in North Carolina
and Tennessee. There had also been two special elec-
tions it. a district of lllinois on the 2nd, and in a dis-
trict of Virginia on the Sth. The general result of
these elections is a large gain for the Whig party. In
President Polk's own state, his party (the democrats)
have been defeated by a large majority. Even the
official organ at Washington admits that the elections
are going against them :
It was hardy to be expected that we should not toes ground in the
eatimmeional election% as compared with the last house. The Poll
and Dallas tale of 1644 was a sort of political tenth billow, which
swept thing before it high and dry. Ourmajority in the last house
was unto Maturity and unnaturally large. The legitimist reaction
woof have brought it within aster limits but for the disastrous divi-
sions among our friends in New York more particularly, and other
mates- Thu• it may be that the just and natural democratic ascend-
ancy in the want ry has been placed in temporary abeyance.
The New York Sun thus estimates the result of the
elections (as far as they have gone), and its probable
consequences:
The return. an far as received indicate a 'eh* majority in the lower
loose of the United States wags.*, which meets in December. The
senate is largely democratic. The house, therefore, even if disported,
cannot disturb the tariff of 1818, or any other existiog law winch
the democratic senate are disposed to MOM. On the other hand,
the senate cannot pass any new low without the consent of the ebbe
house. But the democrats have already carried into effect their prin-
t:ol measures and therefore the power of preventing repeal its more
valtabk to them than the power of enacting new laws.
The vote of preparation teethe presidential canvass
continued, but matters had not up to the time of the
latest despatches assumed any more definite shape.
The Neu. York Herald thus discourses of the
financial condition of the country :
The fl oeda: condition of the general government is by no means
favourable or flattering. The debts contracted to carry on the war
with Memw will not suffice to meet the demands or the expenses or,
truing up to the time deggnated, July, 1848, ands new 101011 will bare
to bi made, much wooer than anticipated. The public debt on the lot
of July, according to the records of the Treasury departmv nt, was as
absurd :
MIMIC OM 01, STASTA.--JULT 1, 1847.
lit As to the amount of the debt t
Of the loan of 1841 dohs. 8,343,886 03
1841 8,601,231 35
1046 4,191,119 45
1847 4,447,650 00
Mexican S per et, 1648 198,754 88
Bounty land scrip
bd. Treasury notearntatanding
Of the imue prior to 1846 279,139 31
Of the issue of 1446
1817
of funded unfunded OO
Debt of the corporate cities at the district of
Columbia, mourned by Congress 1,080.000 00

Total public debt, July 1, 1847 dole. 39,122,110 30
On the let of august the amount of Treasury notes outstanding,
win 14,274.239 dolA. 31c., •Lowing en haerease of 936,134 dots. Mace
the let of July. This would make the debt on the let inst., about
forty mi.Uons of dole. in mad numbers. The expenditures of the
government, for the quarter ending August I, were 22,473,50 dole.
32c., and the receipts from the mual memos of revenue but 4.112,130
dole, leaving the balance to be supplied by keno of 14,343,353 dol..
This rue of expenditure will moo run up an immeneo debt, bat the
prevailing Impreseiret to that the expenses of the war w U henceforth
be comparatively Utni.ed, how the let that a new apnea) wiU be
adopted. relative to receipts and expenditures, 111‘ soon os we have
complete pm session of the whole ei the lieut.:an territory.