Mobile daily commercial register and patriot., 1841-05-18

House, on Wednesuay eNe"'"5 "ssHHs':SL
 o'clock. ls N@;s ,.sl....u
 m,- Several gentlemen will address tte meeting .,d general attendapce is requested;s By order o' N''N TIE EXECUTIVE COMMITTEE
 Tn. mail to-day brought papers from New York of the 10th inst. ''. ...;.h if true render ii possible that the President A, r, been lost. The New York Herald s'a'es ,h,, British barque had arrived at that c''s' me ,.,,,;n of which says, whilst passing Cor'o one o' .,, ss,ern islands, he saw large ship at at ois- .. s,,en, clear of masts, rigging. Sc. and that ne ..,ssl i, a, the time to be man-oi-war but 'nnks .,,,, that it was the President, II ths pc 'p' VI .yu ,e rIe passengers are ssIe Anotner story as given by the Albany Evening J1arnai Is in the ioo" ing words;
 TIE pprs1prNr SrEAMER.-The D. F. Pack ., of Saturday saws We have been informed that sre,m racket wl,ich arrived in Dublin this morning from Llverpeot spoke New ork iner near .,le en- ,ance Inf bs Mersey The Captain of the latter ves- sel sta,eJthat about 300 miles of the Lands knd he had se1n the Prssident; aud that she had not only ls Aer rudder, but that one of her engines was to's lv disabled. The President was, consequently, max ing for the first port but at very stow rate' we
 
 ing for its accuracy; but we strongly incline 10 oe lieve it.
 The following from the Baltimore Patriot, if true' is perfectly satisfactory of her saety:We have in- formation, it says which leads to hope that the steam shin President is safe, have gone into Madeira A letter has been received by Mir. Howell, of Cum berland, Md. whose father was on board the rres- dent from relation of his who resides at Soutnamp- ton, Eugland stating the fact of the arrival oi the steamship at Madeira, and detailing how the news reached him..
 Mrs. Power, the wife of Mir. Tyrone Power, the actor who was passenger, had agenfs stationed at ponts where information of the steamship was likely to be received and from of those agents she re- ceiyed by express, letter, on the iSth ut Tn "hch i, is stated that vessel had just arrived there from Madeira which reported that she was leaving the latter part the President going in, and spoke her
 This letter was received by Mrs. Power on the 18th ut. and being read by the relation of Mir. Howell, who was present at the moment it was received, he immediately sat down and wrote the letter, referred to above He despatched it by the post and it reac ed the steamship Britannia in time to be brought on by that vessel which left England the 2Oth ut.
 These facts seem to justify belief that the steam ship is safe.
 Mitchell, the forgcr, as stated yesterday. has been arrested at Montreal. When the officer attempted to seize him. he eapcd from the garret window and ran to the river St. Lawrence. Finding himself pursued, he plunged in. One of the officers called to him to stop, or he would fre He then threw into the cur rent a package containing, as he says, $2700, and told his pursuers fire, he was ready to die. He didn't die nevertheless, but got into canoe and en- deavored to escape, but finally captured without much trouble. 1t is thought the Western forsers are also in Montreal. -....is5
 Dr. Dyott has been pardoned by Governor Porter. He is 70 years old. Riddle and his friends ought to take turn now. e.s1F
 By recent arrival from Florida at Savannah, we learn that Lieut.. Shubrick, U. s. N. recently met wthan accident. by which part of his face was shot away.
 OBJECTS or THE EXTRA Na- tonal Intelligence the official organ of the adminis tration in long article, lays down the following the objects of the extra session:
 sl The distribution of the proceeds of the sales of Public Lands among the several States.
 "2. revision and augmentation of the duties on imports, for the purpose of securing from that source a reyenue adequate to the wants of the Government
 ga. The repeal of the Sub-Treasury law.
 A. The establishment of fiscal agent, central or othsr, t1 aid the Government collecting and dis burst ,g the revenue and egualizing the currency.
 .'5. A temporary loan, if necessary, 10 supply the i'm mediate necessities of the Treasury"
 All these measures, except the last which. if neees- sary, may be approved by all parties, are in oppos ton to the cherished principles of democracy. They constitute the very essential differences of both par tes an on them depend the destnies of the country for many years if forever. Nov the question is, ani every should ponder it well, areyou in a- vor or opposed to theml Let your answer determine your support of the candidates presented your su fages on Thursday next. .sa
 The National Inteligencer gives but reason for these measures ,and that is the endorsements of the people-assumng at ,and passing the whole poli- cy of its party the preposterous notion that. with out bank, our counfrymen are incapable of taking care of their own interests and that their enterprise and the wealth of our soil noihiag unless watch ed over and nourished by few irresponsible direc- tors, prompted by impulse is the world other than those which are now hideolsy exposed in the dis honesty and recklessness of the old national flank. Is it not mortifyng that party should be held to- gether and act together by sheer absurdity as ihisl Yet it is the veryfundamepta principle of whs gery. eaa
 Again. The necessity of national bank was long ago rejected by two-thirds of the people and no argument for it has been presented since. It follows therefore, that, if the people approve now, is done through the unpatriotic desire of relieving fem p9rary embarrassment (which we admit the bauk may do) by the sacrifice of future prosperity, and in exchange for the many evils which are unavoldably engendered by such an institution. 4l., .i ts. Will the hard working yeomanry of this country sub init such degradatonl Will they now that there is every indication of return of prosperous times, riy ct upon themselves this monster, when the only ar gument offered for it by its friends is thus being re- fated by their own industry and enterprise? 'S
 We are sure they will not. Let us teach these
 friends of excessive paper currency that the only true relief from debt, is fusahty and ndusy-et us show them that place the excellence of our country and constitutions not in the will of bank but in the libe ties secured to us by virtue, and the nestmabe val ue of our so our mines, and the manual power we possess to turn them into the only solid wealth that exists.
 A law is before the Legislature of New York, which will, if passed, exempt from seizure rnderexer suiion, hundred and fifty dollars worth of iarni- lure, in addition to that now reserved by law, IL also, the protection of this property