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One million of the debt due to the branch of the U. s. Bank in this city, has been transferred to the Bank of Kentucky. The entire amount of the whole debt due to tho branch is said to be thirteen or fourteen hundred thousand dollars. The portion transferred to the State Bank is 10 bear an interest of 5 per cent, and be liquidated in one, two, three, and four years. This IS precisely the arrangement, which we pro- Jected and repeatedly recommended two or three months ago, and there can be no doubt, that it will prove conveniently advan- tageous to both banks as well as beneficial to the public. The vile islander, that the U. s. Bank in this place looks forward to the control of the next Presidential elec- tlon, will now be heard no more.

 Lou. Jour.