A STATEsMAA.-We cut the following article m relation to Mir. McClung, from the Huntsville Demo-
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A ASTArEsMAh.-We cut the following article IT crat:-

 "We have received communication from Colonel McCung, in explanation of his position as adyerted to in some editorial remarks in the last Democrat but which, for that must be obvious to the writer, we decline to publish in this paper. The sub stance of his article refers particularly to our statement 'that he told in his speech Tat the Court Housel that if he were a member of Congress, he would not vote to repeal the ub-Treasury'- whilst his previous circular the voters of Alabama implied or expresses the reverse. He says when he put forth that circular, the State Banks were then paying specie-hence he preferred to make them the dePositeries fthe public money but now since they have again suspended, he would hold on to the Sub Treasury.

 "Now this explanation of the Colonel's of what we deemed a palpable inconsistency, involves him in very awkward and dsagreeabe dilemma Itamounts to this-while the State banks pay specie, would dePosite the funds of the general government in them and when they suspend, would rely Sub- -Trea- sury. The Coones preference for fiscal agent would vacillate between the Sub-Treasury and net bank system, resting either, alternately, as bc might be constrained to do by the condition of the at ter. What vacillating and uncertain legislation womb this create! What huctuating monetary system. ;

 Could any thing show more distinctly the total io- capacity and unworthiness of Col. McClunp. or inc evanescent character of whig principlesl

 It is surprising that any person should have the audacty to make such an excuse. Three month, ago. this aspirant for the highest office in this commoa wealth. told in setcomposition laid before the peo pie that he was opposed to the Sub-treasury -law;- now he says, he would vote for that aw-and why be- cause forsooth, some score of banks which were pay ing specie then, have since suspended! Didn't the Colonel know that the banks of Alabama, and the