Southern shield., 1850-08-17
Correspondence of the Baltimore sunI
WASHINGTON, July 2I, 1850.

The Cabinet as a whole is very much liked. It possesses a vast amount of ability and character, and is, in all respects, just what it purportS 10 be-a strong Whig Cabinet. MrBates is an old enemy of Col. Benton's, and MT. Hall an intimate acquain- tanee, though not friend of Gov. Seward. On Mir. Webster God and the country have fixed their broad seal of State, and Mir. Crittenden has had leisure 10 consult the book of fate, and come back 10 the line of safe precedents.
 Messrs. Pearce and Graham are well fitted for their respective departments. MT. Pearce's speech of Saturday must not be construed as hostile to the claims of Texas; but merely deprecating the course which it is feared Texas will pursue. I have no doubt but that the wisdom and experience ot MT. Webster, assisted by the action of Congress, will prevent hostile collision between Texas and New Mexico, and that Mr. Pearce, 10 avoid an armed conflict which he deems unavoidable, will aid in the adjustment of that most serious difficult ty. The amount of money spent for pow der and shot in civil war would probably be more than sufficient 10 prevent it, and save us from a national disgrace
 MT. Corwin is the only person who ex- cites q sectional and a Democratic opposj- ton; but l have never yetseen roses without thorns, nor thorns without use 10 protect roses. MT. Corwin may have been intro duced as an artificial discord to brighten the harmony that is to ensue. Mir. C0rwin Is a man of popular manners, and, though decidedly Northern in his feelings. wholly untinctured by the isms of the day. He preserved throughout the integrity of his character by keeping aloof from Benton. Chase, Seward, and Hale, and by avoiding thus far any open conflict with temperate views. What he might have done had he continued in the Senate, know not: as Secretary of the Treasury, he is bound 10 go for peace.
 The Cabinet, as whole, then, is very satisfactory, and leads us to expect the best for the future. MT. Fillmore has shown great circumspection and great courage in its appointment, and has surrounded himself early with the prestige of success. Every honest citizen is bound 10 give the admins tration fair trial
 There is a bare possibility of saving the compromise bill. Should it be defeated. in the only manner that it can be defeated- by ultra Southern votes, and the alliance of the abolition dsunionists of the North. and the disunonists per SC of the South-tbenI separate measures will be tried, and mol doubt carried. It is useless for the admin lstration, or for any one to try to reconcileI the Southern ultras, by making further con- sessions 10 them; it is useless for men toI pledge themselves to those who will notI pledge themselves in return; but it is wellI to amend the bill so as 10 command forI them a more efficient Northern support, andI to pass them over the heads and nightI caps of the abolitioniSts and nulifers. If President Fillmore will do that, he will have fought the great battle of Buena Vista in politics against the worst fees of the 
 There are rumors here that Mir. Pearce will resign his cabinet appointment. trust he vii! do no such thing. Should he not be dissuaded from his purpose, either Louis McLane or MT. Grason or MT. Stewart will probably be appointed to fill his place. A man of MT. McLane's talents, experience, and influence would be great national acquisition at this crisis. X.
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 Peter V. Hagner, the venerable third Au- ditor of the Treasury, died at Washington