The Express.
London, England, 1857-03-20 00:00:00

UNITED STATES.

(ST aserasc Tiz.noturs.)
lIDLNTS INAUGURAL ADDRESS.
SOUTHAMPTON, VEDAS' Mon/grim.

The Fulton has arrived with the American mail
and asked from New York to and inclusive of the
7th Mak

Mr. Duelianas and Mr. Breckenridge were duly
elected President and Vice-President of the United
States on the 4th.

The following account of the heads of the hell-
dent's inaugural address is from a source friendly

Firet, upon the cooper-

=tire domestic policy of restoring the harmony and
ancient friendship of the different sections of the
Union, Mr. Buchanan speaks the sentiments of the
body of the American people. Upon dm Xmas topie
be fairly meets the question of se beemteetheennent
of the true doctrines of popular mmereignty, and
though neither abolition agitators nor pro-alavery
border ruffians will find much comfort in his views
and opinions, they will be acceptable to reasonable
men of all parties and sections. His policy is
for snoring to every inhabitant of Kansan a
constitutional right. After speaking of the impor-
tance of maintaining the constitution of the
Union, he said the duty of preserving
the government free from the taint or sum-
*ion al corruption was a great public necessity.
Th. present financial condition of the country is
without a penile' in history. No nation
has ever before been embarnmed from too large a
surplus in its treasury. This, he considers,
ahead neessearily gives birth to extravagant
legislation, producing wild schemes of expenditure
and begetting a race of speculators and job-
bers. The only relief from this embarrass-
ment is to appropriate the surplus in the treasury
to great national objects. A clear warrant Per
this can be found in the constitution. It is the
tree principle that no more revenue ought to
be collected from the people than the amount
necemary to defray the expenses of a wise
and efficient administration ; but the squandering
of money sinks into comparative insignificance
when compared with the squandering of the
public lands. Emigrants have done much
to promote the growth and prosperity of the
country. They have proved faithful, both in peace
and war, and are entitled under the constitution to be
placed on a footing with our citizens. In oar
intercourse with nations we ought to culti-
vate peace, cousinerce, and friendship, an the beet
means of promoting our own material interests. Oar
diplomacy should be direct and frank, neither seeking
to obtain more nor accepting less than our due.
We ought to cherish a sacred regard for the
independence of nations, and never interfere in the
domestic concerns of any of them, wiles, required
by the law of self-preservation. It is our glory
that while other nations have extended their
dominions by the sword, we bare never aware&
any territory except by fair purchase; or, es in
the case of Texas, by the voluntary determined=

of an independent people to blend their &Win
with ours. Even our acquisitions from Maids,
form no exception. Our past history forbids that we
shall in the fature acquire territory, unless this be
sanctioned by the laws of justice and honour.
The President then took the oath.

The Palk had arrived out. Her news thread
the cotton market which closed on the 6th at a de-
cline.

Wheat in fair demand.
Freights lower.

AUSTILUNEVACUATION OF THE PRINCI-

PALITIEt3.

A Vienna letter in the Pays states that the
general commanding the Austrian troops in
Moldavia, had left Jassy with all his staff on the
11th, and was ea route for the frontier. AU the in-
fantry has new left the country, and there remain
only a her detachments of cavalry and some
asatiriel to be embarked. It was thought that the
evacuation weedd be entirely effected by the 20th or
25th of March.