The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-11-29
For Shipping Intelligence. see 18th pag,

LETTER FROM THE PREsID ENT.-The FOLLOWING il
an extract from the letter from Mr. Buchanan,
read at the Pittsburg celebration on Thursday
The cheerful prospect which he takes of the future
| will commend itself to all.
From the stand point at which we have arrived
| the anxious patriot cannot fail, whilst reviewing
the past, to cast glance into the future and to
| speculate upon what may be the condition of our
beloved country, when your posterity shall assem-
BILE to celebrate the second centennial anniversary
OF the capture of Fort Duquesne. Shall our whole
country then compose one united nation more pop
ulous powerful and free than any other which has
ever existed? Or will the confederacy have been
rent asunder and divided into groups of hostile and
Jealous States? Or may it not be possible that ere
the next celebration all the fragments exhausted
by lntermenate conflicts with each other NAV have
finally reunited and sought refuge under the shell
ter of one great and overshadowing despotism?
These questions will, firmly believe, under the
providence of God, be virtually decided by the
present generation We have reached a crisis
when upon their action depends the preservation of
the Union according to the letter and spirit of the
constitution; and this once gone, all is lost.
regret to say that the present omens are far
from propiticus In the last age of the Republic
1t was considered almost reasonable to pronounce
the word Disunion. Times have since sadly
changed and now disunon is freely prescribed as
the remedy for evaneScent evils real or imaginary
which If left to themselves would speedily vanish
away in the progress of events.
Our revolutionary fathers have passed away, and
the generation next after them who were inspired
by their personal counsel and example, have nearly
all disappeared.
SENATOR DoUGLAs.-Senator Douglas was SER
enaded in st. Louis on Wednesday night last In
the course of his speech acknowledging the COM
pment, he said: "Our political confederacy was
susceptible of Improvement and expansion IF tbic
doctrine of Popular Sovereignty is carried out. we
can add new territory and make new States without
any difficulty. We can add to our possessions
Mexico and Cuba, and all the territory adjacent
1T Is the mission of the Democracy to expand, said
and pdaJ
he was willing to take it into the Union This can
not well be done unless Congress shall leave the
people of those territories and countries to decide
1or themselves what they wish to do.'
The ATLANTIC AND GREAT WESTERN RAILRoAp.-
Our readers are aware that this is a continuation
OF the New York and Erie Cen Ward the Presi-
dent of the company, has returned from Europe,
and is now passing over the line between Little
Valley. New York, and Dayton Ohio in company
with Mr.. T.. W. kennard an engineer sent out
from England, and Mr.. George f. Train, who re-
presents some capitalists who have subscribed or
proposed to subscribe to a loan necessary for the
construction of the work. We learn, from the
Akron beacon, that large meeting was held in
Akron, on Saturday evening. Mr.. Kennard is re-
ported to have said that he had found engineer
ing difficulties on the route that the character and
resources OF the country along the line exceeded
the representations which had been made in Eng
laha by the friends of the road that upon has re-
port capitals abroad were ready to advance the
money ana means for the completion of the work;
anu "ot ms report acW be fauordJle
On thursday evening last Mr. George Black and
MS WE were run over and killed, near Tarrytown
ny ny tne express train on the Hudson River Railroad
Ihey were walking up the track, and it was some
what dark at the time. The engineer did not know
OF the accident until it was teegraphed to Pough-
keepse.
The British Government have awarded Captain
Kenaud, OF the French bark Maurice, gold medal,
in acknowledgment Of the services rendered by him
to the Hamburg steamer Austria, destroyed by fire
at sea on the 18th ult, of the persons whom he
rescued being a British subject.
The number of inmates of the Philadelphia Aims
house is 1854, decrease of 100 since this time las