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-5 - 5r.=Ssg.


EDITORS CORRESPONDENCE.


An intelligent friend, at the city of Washington,
writes as follows:
? The Message Of The President is considered by
the friends of the administration here able and
opposition of course find fault but cannot but ad
NIT the calmness and dignity which it possesses as
a State Paper. - .tTr


The late New York elections, as you have seen,
have been hailed by the opposition, as triumph
over the administration, decisive of its fate. I'm
less am much misinformed, by some of the most
trustworthy and sagacious politicians of our party,
the federal party will find, in the elections of next
year, when the real issue is made up before the
people of the State of New York. whether they will
stand by the administration go over to the Hart
ford Convention FederaIists, defeat and discomft-
ure. ~ =


The incorporate rejocings of the old federalists,
and their antcpations of ultimate success are OPEN
ing the eyes of the republicans, and producing a
general rally, and firm and fixed determination to
meet and overthrow their old opponents who, by
artices, panics, pressures, &c. succeeded for the
moment, in dividing them.


The effect of their late partial and temporary sue
cess has been to bring the federal party out under
their true flag Heretofore they have fought under
false coors. Intoxicated by present success, they
have openly unfurled the old federal flag. Old fed
eralsts, who have been underline ban of public epn-
ion since 'es and '99, and who attended Cossack
feasts in ls1S and openly reoiced in the defeat of
our arms and at the success of the enemy. are
among those who express most happiness at the
late partial defeat of the republicans, and look for
ward with hope to the day, when the old federal
dynasty shall be restored.


The adjournment of the late Bank Convention
without determining on day to resume specie pay
ments, cannot fail to open the eyes of the public
as to the sinister motives and influences which nro
duced it. The Delegates more immediately under
the control Of Mr. Biddle are SAID to have been
most hostile to fixing day for resumption, and to
have defeated that desirable object 1t is evidently
the policy OF the party in favor of National Bank
to prevent return to specie payments, and thus
prepare public opinion for the establishment of sucb
an institution. s...