The Sun.
London, England, 1841-04-16 00:00:00

14, THE EXTRA SESSION.—The National Intelligencer,
being the " government paper," may be supposed
;Know something of the views of the new Administration,
;Melt the following is among the reasons which render
eeessary a special ses ion of Congress.
le the very outset, it has become quire apparent that
Le Sub-Treasury system is not merely a useless protu-
"crence on the Treasury, but a positive impediment to its
' ttoPer action. Without entering to-day into particulars
,11: regard to that system, it is sufficient to state that, under
',e restrictions of the law requiring all public money to be
t*eed in the vaults of the Receivers- General, the Tree-
°ll Department is deprived of the facility of converting
t 0 specie funds the Treasury Notes which it is author.
,e.d to issue, (a miserable expedient, but without alterna-
ors in
the present state of the Treasury), because it can-
tr stipulate to draw for proceeds of the sale of them as
may be wanted for use, &c. In a word, apart from
!'t
.ether objections to the Sub-Treasury scheme, the ope-
tattons of the Treasury are so fettered by it that it is
L)t Possible to conduct the fiscal affairs of the Govern-
nit conveniently (and hardly reputably) whilst it re-
" Wins in force.
. VAN BUREN.—The ex-President arrived yesterday
Jersey City by the railroad cars, and crossed over to New
York in a steamboat which his friends sent over for the pur-
l:: ile• About half-past three o'clock he landed at the bat-
2Y, and was received by an immense crowd of his per-
', rtil and political friends, who gave him a most enthu-
reception. He then proceeded up Broadway in an
711 carriage, attended by a procession of several public
releties, bands of music, military companies, and a large
.°lther of private citizens. The day was extremely wet,
`ricllt rained violently during the entire time that the pro-
Sion was passing through the streets. That under
ikh circumstances so large a number of persons should
/441 out to compliment a man who had no longer any
rears to confer, or offices to bestow, must have been not
tittle gratifying to the ex-President.
ILANECDOTE.—In taking the census of an adjoining county,
Marshal called at the house of an old lady, and among
L 'ler questions asked her if she had on the plantation any
Cie males, between the age of 15 and 20. After poo-
twll awhile, she replied, that she " had only one, and
Past a black woman, between 25 and 30."—Lynchburgh
lIE MAlLS.—There is a grand stoppage of the mails
;wk. Ways at Augusta, Gee., where the railroad has been
1311111 ed away by a flood, and the country so extensively
otrefeed that a passage over is extremely difficult. The
southern rivers, or creeks, as they call them, are very
Uc9
!Mellen. Four mails, going south, were lost in
crossing the Ocreulgee on the 10th of March. One of
,'"4ese mails is said to have contained the European letters
I the steamer President, which arrived here on the 3d
6,f March, These mails were for New Orleans, Mobile,
‘'olumbus, &c. When the news by the Caledonia arrived
°ere, it was of the same date as the last news from New
Orleans.
FATAL. ACCIDENT.—We learn that James Fitchpatrick,
. foreman on the work of Messrs. M`Mahan, Sterling, and
Ramble, contractors on the North Branch Canal, in
raintrim, Luzerne co., was instantly killed by the falling
ri a stone from the mountain above on Thursday afternoon
' Lst• Mr. F. was a very respectable man and has left a
large family.
ANOTHER FIRE IN NEW HARTFORD. —About one o'clock
~.411t Saturday morning, amid the raging storm, the saw-
and carding-machine of Mr. Joseph Gillett, in the
south-west part of New Hartford were burnt down. The
;chute loss, including turning works, tools, grind-stones,
is estimated at more than two thousand dollars.
There was no insurance.

THE FRESHET AT THE SOUTH.
' Advices from Charleston to the evening of. the 19th
;It., announce the abatement of the waters, though still
iery high. Much damage has been done. We subjoin a
."4 particulars :
84svANNan, MARCH 16.—Beach island was entirely co-
ered. Several corn-houses destro3ed. At Silver Bluff
eern.bouse was carried away, and one also at Miller's
ktclig. The wood landings, from Silver Bluff to Para-
chuckle, were all under water, and the wood swept off.
In Augusta, we are happy to learn, the damage was not
"Aterial. The water was not so high by four or five feet
ts at the freshet in May last. It however reached Broad-
Itreet and filled several of the cellars.

At Hamburg the whole town was inundated—the water
oVering the first Boors of the houses and stores. Consi.
'lend:4e damage was done to the town, but to what eaten
Ras not known.

INTERNAL
IMPROVEMENTS..—THE STATE FINANCES.—
. 4.4 defeat of the Bill for the construction, by the State,
of the Northern Railroad, from Ogdensburgh to Lake
Champlain, may be taken, we presume as an earnest of
4e fate of other appropriations which have been or may be
mode for similar works. The vote was decisive—only 39
embers being in favour of the Bill, out of a total of 128.
We commend the wisdom of this course, and earnestly
hope that not a dollar will be appropriated at the present
session for any new work of internal improvement, nor for
tild old work, unless the State is already pledged to make
'"e appropriation.
There was expended during the last fiscal year, under
the direction of the Canal Commissioners, the enormous
too of $5,011,623 ; of which $3,232,371 was for the
Canal Enlargement. The State debt is already
15,000,000, and unless the profuse expenditures which
gave been projected for future years are promptly arrested,
Ito shall soon find that our debt is twenty millions, then
,
'Plenty-five millions, then thirty millions, and so on to the
%d of the chapter. We call upon all the friends of State
credit and State prosperity to lend a hand for the preserva-
tion of both.
NARROW ESCAPE.—On Saturday the prisoners in the
NSW Bedford jail had a very narrow escape from suffoca-
-4". The pipe of one of the stoves having separated, the
to produced by the coal fire escape into the apartment
ati such quantities that, when the circumstance was di.s -
' :eoYered, twenty-five or thirty of the prisoners had become_
insensible. Medical aid was immediately called, and, after
good deal of difficulty, they were all.resuscitated.

-
1')11.41

1 •

MONEY AND COMMERCIAL NEWS.
„ (Correspondence of the Journal of Commerce.)
, r IttLArELPHIA, MARCH 23, 1841.—1 was informed to-
" 11 that the arrangement sought to be made by the United
States Bank with our city banks, relative to taking its
llntes at par, is all off again, in consequence of the disposi-
;len manifested by the Legislature not to do any thing in
'e Way of " Relief." Every movement and every day's
"Perience goes to confirm the opinion which I have he.
lently expressed to you, that nothing will be done at
arrisburg. Under these manifestations the banks are
but little inclined to increase their responsibilities. They
,4;te bushanding their resources and making every prepare-
' 'l°ll in their power to save
atethmselves, and each for itself.
4he bills of the Bank are a depreciation of 15 to 16
Per Cent, to-day for paper and 4:or specie.
At the Stock Board but to limited amount of business
4uas been dote. United 'States Bank rose 5-8, but of
rise 3.8 of it were sunk at the close of tb" board.
4ig was not expected last night. The n'...."ws of the ac-
eeptance of the of the Bank in England and the fa-
vourable decisio:a of the Court of Common Pleas it was
etot.Edently be:Lieved would put the stork up to2o. Holders
e evidentl-/ perplexed. I think it likely the two facts
:::I.ntioned hate had an influence in bringing down the
;4_count on bank bills. Specie is worth 3to 3 1-2 per
"ti more than paper. Exchange on New York 3 7-8.
At II& MARKET, TUESDAY, MARCH 23.—Cotton is less
tto.day. The sales so far arc quite moderate in ex-
a
b
r
o
, though without any adverse change in the feeling
ad. Western flour is better. There are buyers at
5 for eaportation, but holders ask more, generally
1,7, 68, though one sale of ,0500 bbls. bits been made at
4:4,8_1,.,tnad probably others at the same price. Corn is
RajasPl liftal, and can be bad at 50e. per 561bs. Farther
(If Rye at 53e. deliverable.
itictroitv OP THE UNITED STATES BANK.4..The COM.
appointed by the stockholders of the United States
lan
-aeuary, to investigate its affairs, have been