The New York herald., 1844-12-30

CLAY IN THE FIELD OF LErrRRs.-Our papers, by
yestt rdays mails give US the intelligence that the
Hon. Henry Clay is still in the Field Of Letters;
more so now, in fact, than when he was in the
Field Of Politics. The papers contained tive let
ters of hls-a short sent to Boston, and lon
ger one addressed to a committee in New Haven.
We annex the latter.
It is to be perceived that he has gone phiosophi-
cay into the last election, and states what may be
the effects produced by the result OF that election.
Owinglto Folks success, cotton is TO fall in price,
and the money market to be seriously depressed
In his opinion, however, Polk ought to have fair
trial. But here is the letter.-
ASHLAND, Dec. I7ih, ls4A
the nrocsss,nSs Of nsc as,;n e
the city Of New Haven respect the late Presidential
election The patriotic spirit manifested in the whole Of
them s worthy OF Connecticut, worthy Of its
of learning and worthy of the whg For the
sen.ents OF attachment, confidence, and friendship
wards myself, which they exhibit, and which you
kindly reiterate in letter. offer acknow.
Judgements OF grateful heart Wy obligations tosCon-
neccut and my friendly intercourse with many Of her
eminent sons during long period Of tine will be faith
fully remembered while continue to live.
shar. with you, gentlemen, in regrets on account Of
the unexpected issue OF the recent election Ny
personal concern in It. is entitled to very little consdera
lion, although affect Indifference in that respect The
great importance OF the arses out OF the respective
principles In contest between the two partes the
qusnces to which it may lead and the alleged BY
i
allow myself particularly to speak.
The policy ofthe country in regard to the protection
rapidly acquiring permanent and ased charscer the
southern and south western portions cf the Union had
been reproached at the north Of su inter-
est and sympathy in its welfare Yielding the joint
influence Of their reflections and experience, the
States fassuoscrbing the justice and expe
lency Of tariff tor revenue, with determinations for
protection. At snch auspcious moment, instead OF
cordially meeting the slave States and placing the princ
pie Of upon mpregnable and durable ground
sufficient number OF the free States to be decisive
Of the contest, abandoned what was believed 10
os their own Cherished policy and have aided, i
not 10 ts total subversion, in exposing it to imm-
nent hazard and uncertainty Discoragement has taken
the place OF conn in the business If the country
enterprise s checked and knows TO what
ment he can now safely direct his exerons Instead Of
constantly augmentng Home Market, in danger
market absolutely glutted with American productions
cotton especially which is selling lower price
fail still lower The fnal and distant result will be-
especially If large importaons shall be stimulated by
low duties drain the specie OF the country with all It's
train OF terrible consequences which have neither
INCLINATION nor time to dwell.
Ifthe OF the Wings had riumphed the dstribu
ton Of the the sales Of public andsw
heen secured and that national inheritance would
been preserved for the benefit of present end
nture generations shall be more sgreeably dsappoint-
"a 1t he wasted in few years by graduation and
her projects Of alienation leaving traces Of psrma
could not touch upon other great measures Of public
poicy which It was the purpose OF the wings to endes
or to eaoiisn without giving to this letter an insult
hepurty Of the Government, the greater pro ptrty
he psopa and additional security their liberties and
10 the Union and, with ALL the preservation Of the peace
he honor and the good faith of the nation The wings
most anxious avoid foreign war for the sake
acquiring foreign territory, which under the crcum
stances Of the acquisition could not fail produce do
mesc discod and expose the character Of the country
in the eyes OF impartial world animadver
sion.
But opponents have prevailed in the late contest
the Wings for the present denied the satisfaction
Df carrying out their measures OF National policy
evng that they Indispensable to the welfare OF the
country am unwilling TO reDquish the fond hope that
they be finally established neither live witness
that event In the meantime those to whose hand
administration Of public AFFAIRS is cpnfded ought
have fair trial. Let indulge anxious desire
hat the evils which we have appehended may be
realized that the peace OF country may be undsurb
ed its honor remain unsullied and its prosperity
| tinue unimpeded
To guard, however, against adverse results, the reso
luton of the Wings Of the City of New Haven, stead
lastly to adhere to the Whig and principles wise
and patriotic.
Ishould be happy to visit New England and
especially New Haven, which has done much hon
by giving me, at the late eli con the largest majority
ever given by that city in contested election shall
embrace, with great pleasure any opportunity, should
any ever OFFER to accept your obligng Invitation.
tenderto you gentlemen my cordial thar ks for your
friendly wishes and kind regards for and and
nope that and all Of you may long live in health hap
| piness and prosperity
am faithfully,
Your friend and obedicnt servant,
i H. CLAY.