The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-03-25

Hon. A. Il. STEPHENS AT SAvASNAH.-On Friday
night last. Vice President Stephens addressed his
ieilo" cltiZens at Savannah. The Neos says that
me passed in review the new Constitution point-
ing out and commenting upon the improvements
upon the old which experience had suggested show
ing tnat the government of the Confederate States
pased upon the Constitution of our Revolutionary
fathers, but amended and perfected bv tho Iiabt -
experience was the best government that ever had
been devised. fundamental error in tAe old
government had been corrected in the new The
ola government was framed on the false theory of
the equality OF the races-that what God had made
unequal was equal. Ours was based on the inc.
quality OF the races-on truth. The old structure
was puit on false foundation, and when the storm
came and the wind blew, it fell. Ours had for its
foundation great truth, and like truth would
stand the test of time. He alluded to the great
change of popular opinion that had taken place on
the suolect OF African slavery, and declared that
the institution was never so strong as now.
In his opinion the change in public sentiment on
tnat SUBJECT would go on, and that in time truth
would prevail over error. The Christian would
find that in his efforts to civilize the African tho
hrst great lesson to be taught him was the same
that God gave to Adam-that in the sweat of his
brow he should eat his bread-he must first be
taught to labor. lie contrased the strength of the
Confederate States with that of the Colonies at the
time OF their struggle for independence, and showed
that we had more territory, more wealth, and more
men than our fathers had when they asserted and
maintained their Independence. Our perfect sys-
tenn OF government would attract the border slave
States, and we would soon have more States but
even they chose to stay where they are in the old
Union, we still had territory enough for an empire
more than twice as much as some of the most
powerful nations IN Europe, with soil and climate
and productions superior to any in the world With
good government, and brave, virtuous and in
teliIgent people, we had nothing to fear,
THE KOssUTH NoTES.-A case of considerable in
terest, bearing on the revolution which is brewing
in Hungary, was raised in the Vice -Ctancellor;s 3
Court on the 9th ult Itappears that Louis kossuth
! has flno l,kI,
Day, to Autograph an immense number of notes,
mainly OF single tlorn each, but amounting it is
said, to LOO 900 600 tiorns in ALL in the Hungarian
language. Tin which no Austrian paper money is
ever Issued and running as follows:
"One Florin.This monetary note will be received in
every hungarian State and forn In sill
ver-three zwanzigers being one norin and its whole
nominal value guaranteed by the State in the name
| the nation.
lSigned) LOUIS Kossuru"
The Royal arms of Hungary are placed at the
| bottom OF this document. We believe that before
authorizing the engraving of his name, Kossuth
took legal advice, and was positively assured that
the engraving of such notes contravened no law of
| this country. The Austrian ambassador, however,
| had IN some way got news of his proceeding and
the Home authorities sent, we believe, through Sir
IT, Mayne, the head OF the Metropolitan Police a
warning to the engraver that until hearing further
on the matter he must regard himself as liable to
summary Government interference.
The advice of the law officers of the Grown was
taken, and the result was, as we understand that
the Cabinet came to the conclusion that the admin
| lstratlve Government at least had power to in.
tertere, and the notice to the lihographers was
withdrawn. The Austrian Embassador, finding
that he had no resource except in the judicial de-
cision of an English law Court after asking for and
receiving the authority of his Government applied
in the name of the Emperor of Austria to the Vice
Chancellor's court to restrain the Messrs Dav 1.-THE
lithographers) from issuing these notes. The aff
davlts allege that the Emperor of Austria as King
Of Hungary has the exclusive power of authorizing
the issue in Hungary of notes for payment of money
Intended to be circulated money in that country
that he also has the exclusive power of authorizing
the afl1ing of the Royal arms of Hungary to any
document; and that "the deponent had no doub
that Louis KosSuth intended to use the same among
other purposes, to promote revolution and disorder
in Hungary" On this er parte statement of thu
case, the Vice,Chanceor granted temporary in
junction until further orders, in the terms asked
so the case now stands.-London Herald.
SHlr-BUILDING.- to the last published
report of the Secretary of the Treasury, New orl
city is the chief ship-building port of the Union
During the year ending June 80, 1860, there wer
| bnilt at this MORT