COrrespOudence ofAs ". Y. Tribune.

WAsHINGroN. July %.
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NOFTeSpUn1euCS WASHINGTON, July %. In Senate the Revenue bill came up, and long debate ensued upon the Senate Con- mittee's amendment to the House bill, to strike out five cents the square yard on cot ton bagging, and to insert three and half cents instead. It was discussed by Messrs. Morehead, Bagby. Calhoun, Crittenden, King and RiveS, until the Senate adjourned. WASHINGTON, July 30. In the House, MT. Arnold reported back from the select committee his bill for the re- duction of the compensation of Members of Congress and officers of Government. The reduction to six dollars per diem and mile- age of members of Congress is retained. A graduated scale is substituted for the reduc- ton of 25 per cent on all the salaries of off, cers, and some other notifications are made, Mir. Gwin from the same committee made minority report, retaining the present rate of per diem and mileage for the first five months ofany session, reducing it thereafter to SS4.

 MT. Arnold wished the bill made the spe- cial order in the House for Tuesday. Ob- jections were made, and the point of order was insisted on that the bill should go to the Committee of the Whole. This reference was finally made, and the bill ordered print ed.

 In Senate, the Revenue bill was taken up, and after a discussion of some length on the protective policy, the question was ta- ken on MT. Calhoun's amendment to the amendment of the committee to change the duty on cotton bagging from three and a half cents per square yard to twenty per cent. ad valorem; rejected-Yeas 8, Nays B. PROSPECTS AT WASHINGTON. WASHINGTON, July 29.

 MT. Arnold's bill reducing the pay of Members and Officers of Government, twen- ty-five per cent, was referred to select committee, and report may soon be ex- pected. It is probable the bill will pass the House, though can hardly judge of it's fate in the Senate A reduction might very pro- perly be made.

 The bill providing for the contingent ex- penses of the Government, and those not provided by law, is now under discussion and will soon be passed.

 ! The treaty in relation to the boundary difficulties will meet with vigorous oppo- sition in the Senate, and the debate will show how little of sincerity there is in the 1 professions of some who seemed to desire q settlement of our border troubles. The ultra Locos will oppose the treaty for politi- l cal purposes. Some of the Southern sena- tors will oppose it because the Creole case is not included in the negotiation. The treaty is honorable to both parties A fear full responsibility will rest upon those who 1 by refusing to ratify treaty fair and liberal in its terms, framed by mutual concessions 1 involve the two nations in a war which would be calamitous to both.

 1 In the Senate, the debate upon the Tariff | bill drags slowly. The one hour rule, that | oohs ~l% l. there. l fear the session will be somewhat protracted by unnecessary debate in the Senate. There is not doubt that after all Capt. Tyler will veto the Tariff bill. The terms of the coalition will not permit him to approve any bill which could give protec- tlon to American industry. Congress is pa- ralyzed by the action of John Tyler. With mere majority of Wings it is powerless for good while every act for the restoration of prosperity is vetoed by perfdious Execu- tive. In the, ain hope of bringing Congress into contempt, and thus securing political capital for himself, he will defeat all legis- lative action designed to revive the energies of the people.

 "JoHN CArAL1NE" AND "OLD HICKORY MT Cal houn is bidding high for the Presidency few days ago. he bespattered "Od Hickory" with an euooun It is said that the old Roman flies into rage and breaks his pipe into "ddrn'd smastes, Jack Down.

 ing used to say, whenever Catalines name is men, tioned in connection with the Presidency.

 Petersburg InteHigencer.

 The public are cautioned against altered or coun. terfeit s bills on the James Bank. at Jamesville Saratoga county, N. Y One offered this morn

 ing in this city. The letter appears to have been cut out, from the shape of hole where the letter usually psaced.-Neuark Dailv Ado.

 The late showers of fish in New Haven excite ge neral comment The Rochester Democrat states that

 last year rained catfish in that city and various oh CT places.

 It is said that peach scons ingrafted into the roots of the buternut tree will grow and produce fruit md at the same time be exempt from the attacks of the 1 enemy of the peach tree at its root.

 TIE WATCHERS SOCIETY will meet at the Mansion House this (Thursday, evening, August A.