The Arkansas banner., 1848-01-24
MK. cllWorN,x spRKeV.

On Tuesday Jnnuafy Aths mf. CAEnoUW avaiied himself of she IOag sought opportunity to Psomui- gate his opinions upon the aRt-war policy Tesoiu- tiohs. His speech is merely an explanation Of his pievioas course In regard to the war. He presents 10 new argument. no new feature ia inc question He planes the President. and the twehty-eighth Congress, for having inconsiderstely brought onihe war as f his simple "pse dixit' were suic'ent to weigh down the recorded vote of large majority Of that enlightened body. He still recommends the absurd policy of withdrawing behind defensive line-whieh in the faen Of al the array Of facts by which t has been conclusively shown that such coaIse would prove sbortive. he asserts may be malniained with even the small force that composed our army before the commencement of the war;
 lie is horror stricken nt the idea of the immense na- tional debt that has been incurred, although he agrees 10 the praetieability and justice OG taking possession of sufficient territory for indemnity. He denies thc existence In Mexico of government having authority to conclude treaty of peace, yet protests against any undertaking upon the part of tie United Staies to build up any other In fseth epoGses the doctrine of nopresisianee and advises "quet resting in idle and masterly inactivity" in order that our destinies may work out their owAre- suits.
 Mir. Calhoun. in rendering thus last piece of ad- vice, seems to have quite overlooked the fact that we are actually fulfilling our manifest destiny by pursuing the policy proposed by the President = Having been precipitated into war with neigh boring power, we have prosecuted it hitherto with the sole object of obtaining an honorable peace
 
 for debts already liquidated and the expenses thus necessarily, but on our part invounarily, incurred This people with whom we are at war have been fJr twenty years past endeavonng, in vain. to imi- tate us in erecting for themselves republican form of government. And Aow. after an unparalleled SC. res of splendid victories when our forces have com pletely annihilated their factions and iyrsncal government. and broken the power of the ambitious and uhprincpled leaders. who, by their contention have hitherto kept the whole country in state of anarchy and confusion. they find themselves even in the presence and under the protection of hos tile force enjoying greater quiet. greater p,cs- perity, and far more of the blessings of freedom lhsn they have hitherto known. What, then, left Ior us hut to continue b extend over the people this Pretection which they are now beginning 10 appre- ciate and eovet, until, encouraged by the example of our own @ model repuhic," and aided by the thou sands of citizens, vho attra ted by the fertile valleys and genial ernte of the country, will seek homes among them, they will have been able to form for themselves aid form amongst themselves less despotie and more stable gorerament, with which we may make a fair and permanent treaty?
 All this, too, may be aecomp ished, ts has been shown by reference to the statistics of the country without incurring any additional expense upon our part, and withou: imposing upon the peopIeof Mex ico any greater burihens than they have ever been accustomed to bear.
 We have not room to-day to publish tho entire speech of Mir C., but will prepare synopsis of it which it may be expedient hereafter to offer as a matter of curiosity to our readers.