The Sun.
London, England, 1841-06-30 00:00:00

SEVEN DAYS LATER FROM THE

UNITED STATES.
_ LIVERPOOL, TUESDAY MORNING.

The Acadia, belonging to Cunard's line of
mail-steamers, has just arrived in the Mersey,
after a very speedy passage of ten days from
Halifax. She brings New York papers to the
15th, inclusive. She has on board 61 passengers.
The news she brings is chiefly of importance as
regards the domestic condition of the United
States.

Mr. Clay's Bill for the distribution of the pro-
ceeds of the public lands was read a second time
in the Senate on June 12, and referred to th e
Committee on Public Lands, from whence it
was expected to be reported early in the ensuing
week.

Mr. Ewing, the Secretary of the Treasury,
on the same day, submitted to the Senate a plan
for the establishment of a fiscal agency at the
seat of Government, the substance of which is
as follows :

_
It is proposed to incorporate a Bank in the district of Colum-
bia, by the name of the Fiscal Bank of the United States,
having a capital of 30,000,000 dollars, with power to establish
branches or offices of discount and deposite in the several
States, with the assent of the States; that the Government
subscribe one-fifth part of the capital; and on the supposi-
tion that it is the purpose of Congress hereafter to direct
that the fourth instalment, appropriated by the Deposite Act
of June 23, 1836, ;hall be paid into the treasuries of the
several States, it is also proposed that a subscription to
that amount be made in the name of the triiited States, for the
use of the States respectively ; the stock to be assigned to, and
become the property of, such States as shall accept the same,
in the manner and in the proportions, and subject to all the
conditions provided and imposed by that Act.
And for the amount of the six millions to be subscribed by
the United States on their own account, and also for the
amount to be subscribed for the use of the several States, it is
proposed that a stock be created, bearing an interest of 5 per
cent. per annum, redeemable at the pleasure of the Govern-
ment at any time after fifteen years.
lii case Congress should not see fit to make such a provision
33 is proposed for paying to the States the fourth instalment
under the Deposite Act, it may be well worth while to consider
whether the States might not be permitted to take the stock of
the Bank according to their respective amount of popula-
tion, to the extent of ten millions in all, issuing, there-
for, stock of their own, bearing such interest, and re-
imbursable at such periods, as might be prescribed ;
the dividends on the shares thus held by the States,
respectively, to be applied, in tae first place, to the
mment of the interest on their stocks ; with a further pro-
vision, if thought necessary, that in case the proceeds of the
public lands should be assigned to the States, those proceeds
should be applied to the reimbursement of the principal of their
debts, or stocks, created or i-sued for the purposes aforesaid.
It is proposed that the affairs of the Bank be managed by
seven Directors, two of them to be appointed by the President,
by and with the advice and consent of the Senate, and five to
be el. cted by the Stockholders, at their annual meeting. A
President to be chosen by the Directors out of their own body.
It is to have branches, to be the fiscal agent of
the Government, to receive the funds of the
United States, to deal in nothing but coin, bullion,
promissory notes, and bills of exchange. It is
to issue no note for less than ten dollars. There
is to be no other branch established by Congress
during the existence of the Charter. In short,
this financial agent is very like a national bank,
but it is not to have a monopoly of the issue of
paper money.

A General Bankruptcy Bill had also been in-
troduced into the Senate.

_
In the House of Representatives a consider-
able discussion had taken place on receiving Pe-
titions for the abolition of slavery, and it was de-
cided, by 114 to 110, to preserve the rule as at