The North-Carolina standard., 1846-02-18

litcal and Diplomatic "reminiscences in his speech
es. He knows more of the gossip in the political
circles as it went the rounds from twenty thirty
years ago, than any othernlan in the country, aud
alway eenterains the House in dish of this sort
of scandal. whenever he comes 10 the considera-
tion of any question; for his stories apply alike 10
every thing. tE Gza - 5AgbaS s7s
Since the passage of the notice BY the House,
the Senate have laid aside every thing else for its
consideration. Mr. Allen "opened the ball" on
Tuesday last, in one of the most telling speeches
ever delivered in either house of Congress- He is
North Carolinian by birth, and your people may
we'll be proud of him. He did not approach the
question title, The policy Of giving the notice
in its application to the subject Immediately before
the Senate only but made an elaborate yet careful
review of the general policy of the five great pow
ers of Europe towards the United States, and OF
The capacity of England TO go 10 war with US. In
doing this, his object was to show that 1t has been
determined to apply M. GulZot's theory OF the
American balance of power to the affairs OF the
United States-provlded we put our fingers IN our
mouths and sit quiet until the meshes OF the Euro
pean net shall have inclosed US past redemption or
release. He, indeed, made strong showing TO
prove that England, backed by France and Russia,
was striving TO obtain the Oregon, not because she
wanted the territory for her individual purposes,
but solely in order TO prevent the Increase oil the
United States to its legitimate bounds. Upon the
subject of the re alive strength Of England and the
Union for The purposes of war, he went into long
but most interesting statistical discussion, showing
the foundation of her glory and strength in time OF
peace, were her weakness in war that the amount
ofrevenue annually collected for her purposes when
at peace exceeded by million of pounds ster-
ling, the value Of her annual exports OF all kinds
Also that the amount of taxes levied by Engl
10 support her paupers only, come within one and
a half millions of dollars of the whole amount of
revenue paid by the people of the United States
for the support of their General Government He
showed that England, in case of war, could not
cease TO pay the dividend on her national debt,
which absorbed so large portion Of her taxes col
lected, because the stock was owned at home, and
by her needy class Of people for the most part.
whose distress from the Stoppage OF their dvI-
dends would operate upon their Government most
disas;rously. From wa:, which would require her
10 collect double amount of revenue 10 carry II on,
he thought she would loose her only reliance TO
collect what she now raises, VIZ the profits on her
commerce which would be preyed upon in every
sea by American privateers, with strong pro6a-
bIlity OF its total destruction. He compared this
gloomy picture Of the affairs of our opponent with
the actual condition and resources of the United
States, who have within themselves every element
OF streng to enable them TO wage a long and sue
cessful contest with Britain in case the latter
should venture upon such issue TO keep US out
OF our rights TO the Oregon or on any other mooted
question between the two nations. Mr.. Aliens
speech occupied the attention of the Senate on
Tuesday and Wednesday last. Mr.. J. M. Clayton
followed him, on Thursday, in a speech In favor
OF the notice, though according TO the plan OF Mr..
CHttenden conceive tnat Inc poSItlOn taken Oy
MIR. Clayton most conclusirely settles the ques-
!ion-"hether The notice will will not pass the
Senate. He speaks the views Of those wings of
that body who agree with the wings of the House
voting for the notice. The Senate did not sit to-
day, having yesterday evening adjourned un
Ill Monday next Mr.. Hannegan, of Indiana, has
he floor for the next Speech which will of couree
De IN favor of the notice. This private bill
lay IN the House, of course nothing Of particu-
ar interest 10 your readers was transacted.
... HALIFAX. !