.S6S65O2 0a
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The Senate passed a vote of thanks to General Houston on his retirement from office, for the fore st, economy and ability which have character sed his administration, and expressive of their undmin- ished confidence in his unoendng integrity and de- voted patriotism.

 We learn from the Report of the Secretary of War and Marine, that the battery erected Ias year At the east end of Galveston Island, completely de. stroyed some weeks since by .,he action of the ters of the Gulf.

 President JONES in his Message to Congress re- comments that Texas should resort to hard money currency ss circulating medium. As commercial convenience, he remarks, recourse may be had 10 a istem of Treasury Drafts, drawn against specie in actual deposlte. He urges upon Congress he i'm. portance of reducing the expenses of government the lowest amount consistent with an efficient ad- mnistration of public affairs The present rates of dutes on imports are deemed sufficient to insure to the government, in times of peace, an amount ade- quate to meet the wants of an economical adminis- tration of it's affairs. We are in great measure, says the President, indebted to the Tariff for the present healthy condition of fnances, and past experience proves that il is impossible the govern ment can subsst without it. No system of direct taxation can adequately supply its place. And if found to operate equally all, he hopes its proyis ions will not be disturbed. In auding the high rates of duties imposed by foreign nations on Texas Cotton, he recommends the passage of such laws as shall mitigate the operation of the Tariff on importa- tons from such manufacturing countries as shall agree to relieve Texas cotton partially or entirely from the duties now imposed upon it. No country on the face of the earth, he continues, possesses so distinctly we do, the ability to enter upon that policy of mutual free trade winch should become more and more every day the great object and aim of all enlightened governments. Let us begin then by lim- iting its operations to such countries may have the wisdom and the justice to extend to our own great staples an exemption from that burhen which now bears with such severity upon our planting and landed interests.

 In relation to the public debt, the President says

 Connected with the subject of our finances, l would respectfully recommend to Congress the passage of law for ascerlalning and classifying the pubic debt of the country, by requiring all persons having claims against il to present the the Treasury Department within definite perod-wiih view to an ultimate liquidation of the same upon principles of equity The plghled faith of ,hs country should be protected from all reproach, and if shall in- deed find that the patrimony of children has been impaired by extravagance and improvidence, We may at least relieve our own memories in their tmation and that of the world from the humilialng stain of repudiation.

 The President doas not allude to the subject of Annexation.