LATEST INTELLIGENCE.

BY LAST EVENINGS MAIL.

Washington.
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Washington.


Correspondence Of the Herald]


WASHINGTON, July IL, lS4l.
Important Political Lateaigencc-1he Nay soas


Done.


The political state of affairs Just now appears al
most as stagnant here as II is in New York, in con-
sequence of the great heat Of the weather.
The acceptance of annexation by the Republic of
Texas has removed load OF anxiety from the minds
of the administration and every body considers the
idea of Mexico declaring war entirely ridicu-
lous.


But we have tale to tell. Secretary Walker is
now engaged with preparations for an alteration In
the present mode of deposi,ing the public moneys in
the banks, or with individuals, and it is said that
bona fde security will be demanded from als
repositories hereafter selected. II is said also
that he will recommend to the next Congress, s
change in the present tarlff, which will cause
greater division in the ranks OF the Democracy
than the question of annexation ever did In fact,
learn from various sources, that the opinions OF
Martin Van Buren, and Sias Wright on the question
OF the tar caused more serious secret opposition
TO the selection OF Mr.. Van Buren,, by the Baltimore
Convention, than even the Texas question, and 1t is
yumoed that the latter Was only made the pretext OF
opPosstlon that his views having been previously
and privately ascertained, he was brought out by
the letter of DR.. Hammett OF Mississippi in opposl-
tion to annexation, and that this the cause of his
not being selected. The true secret, now developed
was his anti-southern views of the tariff, and be-
lieve this to be the case for II from an au-
thentic source | am sorry at not having it in my
power to send you the authors name, but il is inn
possible the fact having been thus CONFIDENTIAL.
stated If such a secret combination between the
southern, western, and southwestern politicians
could defeat Van Buren, you will see at once thai
Silas Wright stands very poor chance. Buchanan
still in worse predicament an either, as he and
his strongest adherents in Pennsylvania, avowed
themselves openly protective tarlfEtes at the cam
paign of last fall and even out-bluffed' the Wings
in their advocacy Of the tariff. THIS over blufing
the Wings on their tavorite measure, is now free
y talked of here and laughed at as good Joke. or
he humbug Of those days.


Secretary Walker is preparing the way for his
own nomination tor the Presidency, and his first
grand political move will be given in his report to
the next Congress, when, it is asserted he will re-
commend reduction of the present tariff to the re-
uenue standard, as it is called. The introduction OF
Texas as State will surely add much to the south
and western popularity of the measure, and you
may rely upon it, from all that learn, the ques
ton OF the tariff will be agtated again as soon as
Texas elects her Congressman, and sends them to
Washington.