1,ovys,pOudsncs cfase ". r. Daily ErPyess. WAsHrNcrON, Sept. 24.
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SKFRMisH IN THE SENATE-THE SUB- TREAsURv SCHEME NOT ABOVE PAR' PROBABLY HELow PAR.-I send you good news from the Canitoi. Hope, therefore, for better days and better things, even from this poiitlcai Sodom of the Republic. Few righteous men have been found in it, and we have, even here, the strongest assurances that the Goths will soon be driven from the Capitol. The si0ns of inc times are ominous when such men as King of Georgia-hitherto linked hand and foot with the administrsstion-give in their party renunciations, and publicly proclaim themselves opposed to all the quack politicians and hambug schemes ot the day. it is almost impossible to give you, upon pa- per. even the outlines of Mir. Kings speech. Throughout, it was master piece Cf eio- uuence and power, no less creditabie to the industry and talents of the orator, than hon- orable to him as an honest man and iufe politician. The Message ot the frcsldcnt hc has torn into shreds and patches-ic'sNlas not enough of it untouched to support even the weak burden of a spider, or spiders web. No Whig in the U. B. senate or h't'is'- her of the House of Representatives, not Wb;o politician at Washington, or wilig newspaper that have seen, has spoken ii stronger language against the magician or his magical Experiments. In measuring it's statements with truths indisputable, from the official records of Bankers in Great Britain, and the United States, Mir. King has said that the Presidents assertions differ from dena- onstraed tYalhs in the ratio o Oase hundred G'1d minety-niae and hof per cent LOT one halfof 0 truth for ono hundred and ninety-nine and a half untruths!! Wonderful harmony and correspondence. Mir. King, of Georgia, has not only stated in plain English that this is the difference of ratio, but what IS more, he | ,1o% IAh hac Mnrn n this also, he has blown the President and the Ex-President sky high, calling each of them s. by name, contrary to parliamentary usage, and denouncing their experiments and empi- ririsms in the severest terms. Benton, Strange, Brown, Wright, Mics, and even Calhoun, have fallen under his condemna- ton. Calhoun, in particular, was sought out as fit subject for rebuke, and in rebuklng him, Mr. King referred particularly to MT. C.'s remarks in reference 10 the State U. 5. Bank of Pennsylvania. The war against atinstitution, Mir. King said, bore strong resemblance to the war against the windmill in Don Quxote. Mr. Calhoun had profess sed, a day or two since, great fear of the Government of the U. s. bank-and had said, also, that the Government of the United States would be greatly injured by the Gov ernment of the U. s. Bank. "What Gov ernment," said MT. King, "does the Senator fear will receive injury from the Pennsylya- nia Bank The Government of the Hermit age! or the Government of the White House !'' Gen. Jackson, or MT. Van Buren These men, one of whom at least, has taken it upon himself to represent the Government in himself, Mr. King thought, was the only Government which ought to be feared. An other of Mir. Kings strong expressions was, that he had found it necessary to take stand against the crying sins of the times-against Executive usurpation and Executive power. A firm and absolute resistance had become necessary to resist the expressions of the times. No country, he says and says truly, can prosper under such a state ot things as has been under the Administration of Gen. Jackson and Mir. Van Buren. It had been we'll for Mf. King fop -Gnaresin, nd fi,n tho U. States, if Van Buren Senators had made this discovery before. But as it is, repen- tance even in the 11th hour, is far better than stubborn resistance to the last. The Geor- gia Senator towards the conclusion of his re- marks, said that he had found it absolutely necessary to take the stand he had. He was, he said, stilla Democrat--a real Democrat not a Democrat booted and spurred with the trappings of royalty. He did not use the word as many of his partizans did, as a catch word to deceive the people, and as Q kind of lip service, which found no union in the heart. As such Democrat, said he, will never vote to place the Finance of the coun- try in the hands ot tho Executive. Neither, said he, shall Ivote against the Banking In- stitutions of the country, so long as they are sustained bythe States--nor for the new ex- perinlcnts of the President, so long as they aim deadly blow at our Institutions.

 Thus much for MT. King of Georgia, who concluded his remarks by taking final leave of his old political associates who still x. adhered 70 the new experiments and expedi- thssAe should give them and their great exper-

 Is.cn.s jost!s"g from the Executive office.- .; Anas m@S nf f,,Gl sad by the Senator. For tho s,iy ai,na and dNNHs hoSssyer. Strange of N. Car- N, oi,.a Mnas sn .oaL. hin, ;o B. Connecticut Doctor

 lSsMuon l.s,auon M ina p.es;Ss p ais defending the ad-

 .'la's.If .a sa..Iferimen,o,s s'usn $; the experiment

 '..TSeYer ready or those

 Strange from ,IoM snant a hinges .S of!he kneo

 .ne country expects beNortb E,,o,;,, as ne did, tolerablo repura,ings na hn;a a:. aIlo aIe chamber is fully and, seenY7in tha % ns

 al1coyeraoiy chained to the car of m n,,s,,-a. ss. Wy 1WIuia'y, while Rives and Tallmodge- eSt

 anns.o s, a.la o.scrs are renouncing all alice; foreros, ,'iv ;o t.pS:ogs .pn:s of the day. Strange

 herod, or out, ,Bentonins Renton nUG'Ill nr M;,i Oy all men, ofall parties ana oIi di,';. r Niies ParIies. IS considered of no ,s'ons accu,,ns O listen to him as they listen to n, the ha,. ,a Mer ora. osa pa;rro%i;erely ; for amusement i,ol,' Whon or "loyeiy poll" the echo is pru.'y polly rom the Connecticut Senator. ways heard

 Mf. Strange's defence concludea.

 Niles once mosc in his place, MT. "G MGDr. Dr. rom indiana-an Administration senatSson tSson