Correspondence of the Journal Of Commerce.

 Washington, 17th May, 1881.
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 The local news here, is extremely vapid and unauthentic. While hundreds run a. bout with open mouths, those who might give out something interesting, are SO much astounded and alarmed by the circumstan- ccs of the juncture, that nothing is reveal ed. Ikeep lookout, and see that anar- chy and confusion reign. The political gossips who have been long engaged in scenting the breeze, and the brief authori ty ephemera who have been buzzing about for two years, are quite dumb and con- founded the caprice of the greatest and best resembling the wind.

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 Shortly after the confagration of the capitol by the incendiary who disgraced the British arms at the capture of Washing ton, I met on the hill, usually designated Capitol Hill, MT. -, who vest ed in this city fortune of $1OO,OOO, and before I had approached him near enough to say How do yOu do sir,' with uplifted hands he cried out thrice: 'Splendid ru- ins ! splendid ruins splendid ruins !! So ! may say to my colleagues, who united in bringing this, may be permitted now to write late Administration, into power, Splendid ruins!

 Does any one now suppose, does the most devoted friend of Gen. Jackson now hope. that more can be effected by his new Ministers than comparative tranquility for the remainder of his term? For one hope they may do so much but who is there standing SO near the President, that does not quail at the hopeless prospect? There are still those near his person, who render all communication with him irksome, not to say impossible. He has warm heart- ed and untiring friends, who have alike vim dicated him and his late faithful and truly affectionate consort, but who abstain from the portals of his mansion, rather than en- counter the parasites about him. In the dclirium, the first moments of an unlocked for triumph, he distributed, without injury or discrimination, the reward of his suc- cess among the most mercenary and worth less of his party, aud thereby excluded from his counsels and confidence those who had won his battle. His hall, his chamber, his most retired apartment, was crowded with political beggars, many of whom but the day before had detamed him, and .villifed the partner ofhis life. with the most vulgar imputations and foul asper- sions. 1t was enough that impotence conducted them to his presence, and the promise was made and sealed. Within my own knowledge, several of the most re- sponsible, as well as honored offices in his gift, were thus disposed of. could men- ton many, beginning with Secretary loE. State, and descending no lower than the rank of auditors and their equals of the. Treasury Department, collectors and in spectors of the revenue, naval officers, sur- veyors of ports. district attorneys, Sc. who found it necessary to besiege the Senate while deliberating upon the merits of their nominations or, in true gambling practice, to stock and deal again, with hope ofget- ting high, low, jack or the game. To how many of such persons was the casting vote of the Vice President necessary? And how few of them are not now concerned in tho vain attempt to disparage his inilu- ence and political character. lt is invidi- ous io parlicularise, but in your own city there ls an example of an editor, (Noah,) the most worthy and deserving of all tho rewarded, who now holds his commission by the casting vote of tho Vice President, and who is not nnadvised of my anxiety, not to say exertlona, to save hlm 10 tho