THE NEW ADMINISTRATION.
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HE NEW ADMlNlS KA HUN. We have attentively read large number of ex change papers, coming from every section of the Union, with the view of determining how MT. Polk s inaugural has been received. With two or three l exceptions, it has been universally approved of highly approved-pronounced ah excellent docu- ment-by the Democratic newspapers It has fully met the expectations and wishes of the great party which elevated it's author to his high station The l exceptions alluded to are South Carolina papers

 leading and ably edited paper, oi Charleston ap- proves of the address, with slight exceptions as to sentiments of the President upon the TariH-whilc it frankly admits that the views there expressed arc precisely such as he has heretofore entertained and expressed and just such as he the editor) expected

 from him. He therefore expresses his liberal deter imitation to act on spirit of compromise and sup port the administration. The Mercury dissens from the views of MT Polk on that perplexing subject with much less liberality

 Upon the whole, the inaugural address of none of the Presidents, has probably been received with more general appreciation than MT. Folks

 The Louisville Journal, which for years has been thn fountain of abuse of Democratic Presidents, has issued it's seurilous denunciations against It. more probably from habit than real sentiment but its de- nunciatons have been repeated by but few of the prominent Whig papers. Upon the contrary there spectabe Hhig prints have either been silent on the subject, expressed opinions favorable to the char acter of the inaugural.

 The cabinet ministers have been as generally ap- proved of by the Democracy of the Union In reference to the Tariff, it was not expected that Mr. Folks views would precisely harmonze with the sentiments of the Democracy in the differ ent sections of this great eonfederacy; for the very ] good reason that they do not perfectly coincide among themselves. But the difference is so slight 1t need net-i will not-produee any division in the party under the influence of that spirit of compro- mise necessary to bind together, not only the Demo- cratic party, but the great sisterhood of States.

 That admirable chart of American freedom, the constitution, was the result of mutual compromise and concession, on the part of it's wise framers. Their course on that subject should be looked to beacon for the direction of patriotic statesmen in all coming time! It has been tollowedl And but for the light of that beacon. our glorious ship of State would long since have been wrecked, and gone down in the bosterous sea of faction

 When Missouri applied fer admission into the Union, an exciting question arose! The political elements grew turbulent and ragged as an ocean maddencd by the genius of the tempest And pa riots turned pale and trembed for the fate of that vessel upon which was freighlcd the freedom of man, and the hopes of his raeei That same star of compromise which guided the deliberations of inc

 ustrious dead arose above the stormy horizen The eyes of patriots were fixed upon it, the danger was passed, and the country saved!

 An other instance later in our history, and within the recollection of all of us might be pointed to, as an illustration of the happy effects of compromise, and the indispensable necessity of mutual conces- sion.

 Men constituted differently, and endowed with various powers of reasoning, must necessarily arrive at and maintain different conclusions upon sub jccts. But, therefore, for spirit ol compromise, all social and civil or political institutions would cease, and discord would peryade the whole earth!

 In great government composed of large num- Der of States, extending over vast country, and embracing every kind of soil, climate tendencies, interests and pursuits, like ours, spirit of eompro- mise is absolutely essential and indispensable to its existence

 Under these views of the subject, and believing them to be generally entertained by all true Demo- crats We have no fears of division of the party in reference to the administration of Mir. Polk.

 As TO THE APPOINTMENTS TO OFFICE, we are informed from reliable source that Mir Polk has nominated, for the confirmation of the Senate per sons to fill about one hundred racancies That he has yet made removals and will not until he takes due time to consider the merits of incumbents, of applicants and determine upon the propricty of ac- ton.

 How different his course from that of General lIarrsons, who, under the influence of proscriptive leaders, made about TWO THOUSAND removals in the short month that he was in power. We do not de- sire to see Mr. Polk turn out all the Wings for opn- ions sake, but it is proper that he should remove iilicent number to place in majority of the off ces his friends This is necessary to the success of his administration. It was the course pursued by Jefferson and Jackson, and it is necessary and right

 It is thought that Mir. Polk will elect and present for the action of Texas the House resolutions for her admission. We have this in a letter of very late date, from gentleman at Washington who has an opportunity of forming correct opinion on the sub ject, and in whose judgment We have the utmost confidence.

 The Senate, We apprehend, adjourned about the 2Oth of March.

 MR CALuoUN-The whig papers and letter wri-