, 1859-01-14

OtR "ASd1N1lVN LEt 4ENs
Tx Territory Of Colona {the Fantas and M
bralEa GoLI Egion} -D1cotdA and Arizond-
ZAe bottom cut Of Mt Ir<asury-A Political
zcrangls op3r tbs Farmtrs' Congtnti9n-
WAxmsaros, Jaa- 8, 1s5s.
Mr. Colfa1 obtained consent ON Thursday to
introduce the bill proposed by him, for the Or
ganization Of the Territory ealled for the pres
ent Coloaa, and it ves referred to the Commit
lee on Territories.
The Territory embraces Pixies Peak, and
nearly ali Of the gold diggiugs, up almost TO r.
Laramie. Bridgers' Pass, and the Gooeha'ope
River, the head waters Of tho hanaas' n'o
Grande, both Forks of the Platte, tho Arksnsaa
aud Grand River. It has also in it FfemonFs
famous Three Parks, the fertile San Luis q2!ley,
and will form magnificent agricultural Is well
as mineral State. Mr. Blair, who has Travelled
all over it, predicts that i. will be the richest
and most prosperous and thick'y settled State
between the Missouri and California
Mr. C. prefers the name Of Cordilleras, which
would be appropriate to its mountain ranges,
Nr. D!air's preference is for San Luis, tnos
St, Louis). referring to the rich valley Of that
name, The name of Colona is chosen By the
settlers themselves.
1t lies between the 37th aud 42d parallel OF
north latitude, and The Rocky Mountains, and
the lo3d parallel Of longitude, shout four de-
grees By FIVE, very closely corresponding with
the size Of Iowa or Missouri. It is estimated,
from the vast numbers pouring in, that there
will be $4,000 to 50, 600 there by next fall, who
will need @ government before Congress meets
again.
The bill authorizes the President to appoint
Territorial officers in the first instance, but st
the Territorial election in 1860, the quailhed
voters are to chose their own Governor and Sec
retary for two years each. Slavery, polygamy,
md "peonase'' ere prohibited By the bill. Mr.
Green, Of Missouri, Chairman Of tie Senate
Territorial Committee, ia opposed to organ'za'
| ton, even ii that we're not in. They fear free
State there, with two o. S. Senators, in very
| few years, if it is organized at alL
The 37tb parallel ls the southern line Of Kan
| sas and usab now. Now Mexico has o'emall jog
of her territory running north Of it, which Ir.
G. incorporates in Colona, aud thus the 9Th par.
allel will stretch as boundary line across the
! whole western region to California.
! Yesterday the Committee on Territories, by q
part:zan vote Of d7e to four threw out this bill,
F.. doubtless because they saw its tendency to in.
crease the number Of tree States. At the same
time, they resolved to report bills organizing
the Territories of Decotah ard Arizona, nnd
! with this Endorsement those bills will probably
pass at this session. OF D1cotnh, there is. OF
course, no doubt. The prese7t indications are
that fierce struggle will break out in Arizona,
| between free aud sprVi!e institutions. The peo-
ple Of the Mesilla Valley, where the bulk Of the
| population ia, have had a foretaste Of slavery IN
the horrors Of the syatem known as ptonage'
Yet peouage il a mercy and blessing compared
with slavery. Upon the whole, Arizona must
| become ultimately free State, but foresee
| that it is to become the "dork and b!ocd d.
ground" of the struggle between the two prin.
cip.es, nat ret terminated in Kansas.
The Republican members Of the House metin
caucus iast night to deliberate upou their course
relative to the Oregon bilt. No positive dec's
ion was framed, but it Was shown thai the rote
| OF the majority would be cast against the ad
mission under the present odious Constitution.
Il Was agreed, however, to accent OF amend
mcnt, which is expected to be offered by Mr
G.nw. repesling the clause denying admission
to karsas- Saould the Democrats accept shif
obviously just and proper amendment. the bill
will receive q neatly unanimous RspublicaE
ynte. How shameful and hamili-tlng to the
North ia the distinction made between these twc
Territories One Of them is to be admitted With
10000 population, because she ls Democratic
and in favor Of slavery extension the other !:
to be excluded, with o,000 population. dteoust
| she i, Republican, and resolved not only to bt
free State herzelf, but TO favor the freedom 0
| nther States, The people, however, have haC
the whole question fairly beforc them, and bare
chosen to contde power to The pEopagaudisss
| slavery.
Cobb hrs had the conceit 50 utterly taken GU. o
him, tha. be no longer attempts to de2y the ct
| fects Of bis malad:ninistratiou. Ha itavcs hls
| p.rty friends ia the House 10 fight their OWL
battles The Committee oa Ways and Menu:
canrasscd the subject in full. The particular
point which frat engaged their attention was
tho absolu.e emptiness oi the - tfeaSufy. aa a !, !
seems ,hat within few weeks S17, ,to0,o0 vi!
be required more than there is any presen
prospect of receiving, On the 25th, $4,000 ,oo'
will come in from the last halt OF the loan Q
1858. There will remain deficit Of & 900, ,oot
to be Immediately supplied. How is the money
thing 10 suggest. Iu the fall Of 1857 Mr. Cobt
reported the money I'll appropriated taougt
there was sesen millions in the treasury, be
| cause it vas necessary 10 keep lire millions II
the mints with which to purchase bullion TO-
coinage. As there is now but tTo and bal
millions on deposit, it follows. that there IS aE
actual deficit Of means amounting 10 !our aud
| half millions!
Another alarming fact has come to light Th'
| authority to reissue treasury notes expired CT
the 30th OF December. Hereafter, cl! received
for customs, must be cancelled aud destroyed
70 that fur some weeks or months TO come, a
the receipts Of the Custom Houses may be il
unavailable shin plasters. This calamity ha;
been fortseen, and an attempt made TO guart
against it, br re issuing the notes as ta3t as re
csived, at such Increased rates Of interest, tha
they would be sought for by banks cad o:eer
for purposes Of Investment. This expedieu
now fails. aud ut the moment Of its most desper
ate necessity, the Goycrn'nen. finds isselt with
out auY certain means Of revenue whatever. l;
| all this how resplendenty chimes out the tinan
ciul genius OF cur Secretary Of the Treasury.
The uouse gnTe yesterday to private bills
Nj. Colax Was in the Chair, aud turned OFT ou
siness as rapidly as possible. Twenty bills wer
discussed, and twelve Of them passed.
Mr. Douglas organ, the States, cootnues 1t
malicious attacks upon the Farmers Convention
in order to reach Mr.. Corcoran, who is IN iayise'
member, but has never attended. There is feu'
between the banker aud the politician, because
as il is sid the lutter furnished uuds to set I'll
and keep up Dauiie papers during the late CAT
yass But as thot little ul1Ar is all over, and :
We are now ill Democrats, surely it would b
| only magpunimous to let the Mldas alone. II i
pretty quarrel, however, and il the pa1tle
like it. wty should they not amuse themselse E.
| by pulling one another's hair.
Jake 1uompstn, Secretary OF the Interior
entertained the aGrcalturaliss at dinner las
evening. l am told TINT it pleasant atf4i.
The modification Of Lord Napier's depositio
from ,hs Washington mission is to be arrange
| by grand bali in honor Of himself and hi
| wife. The co pi,msnt is not unmeEited, 70
| Lord Napier md bis lady are popular in societ
. here, aad nre justly esteemed tor the slmpiics,
aud uniform courtesy Of their manners. 1t
, ,hei, mis{ur.uue to have come under the dead
, upas shade Of sympathy With our Pro.Slarer
i, Executive. They nud, as do 80 many other
, that what this Administration touches it blight
. JCS1us.
Pavu.aSe. Ho'd!ns tee relations In Eocsety, ct
{ | pawn IN q game Of chess.
J Indiana Legislature.
! tC4,res2snlsncc %fthe Press snd Tsi5n7e1