PUBLIC MONIES.
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The period has arrived in which it be- comes necessary to decide whether the Constitution of Government which our ia- thers framed, and for winch they have been landed wherever the language of freedom was breathed, is to be held d mere parch- ment barrier of our liberties, mere words and nothing else, or whether 1t IS to be a substantial bulwark, capable of resisting the dangerous encroachments ot power.

 The Constitution of the United States provides. that no money shall be drawn from the Treasury, but ln consequence of oppro- priations mode by lase. This provision has been heretofore deemed pregnant with meaning, and of great practical value. It was supposed 10 confer upon Congress the complete and efficient control over the treasure of the nation. But, another has been added to the previous proofs that, un- der the present regime, it is a perfect dead letter, 'signifying nothing."

 A sum of half million of dollars, 1t ap- pears, has been recently drawn from the Bank of the United States by draft in ia vor of the Girard Bank of Philadelphia, for purposes wholly foreign to the Government of the United States. Was this money in the Treasury before it was thus withdrawn! Yes; for the law recognized that institution as a part of the Treasury Department. Is it now in the Treasury? No for tho law docs not recognize the Girard Bank as standing in the same predicament. Has not the position of this money then been thus changed in direct violation, and in de- fiance of, the Consultation

 i draft of s,5o0,60o was paid to the Gi- rard Bank on 2d Nov. and thrice this amount Is supposed to be held in different parts oi the country; but where the invidious blow Is to be struck it is impossible to divine.

 A Southern bank had demand for 100.