Correspondence ofthe Charleston Mercury.
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| In the Senate, the morning hour was occupied b, Mir. Linn in supporting the resolution of Mir. Buch

 anan, called for information as to the pumber of off | cers removed since the of 4th of March last. The consideration of the Fiscal Bank bill was then | resumed. Mir. Buchanan addressed the Senate al

 great length against the general principles of the b and concluded by moving to strike the District o | Columbia as the location. |.I. | Mr. Walker said the bank of the committee was bad enough, but if it should be removed from the ! District to New York, it would be infinitely worse and it would then become the Bank of Eng land iu | New York, and be managed by stock brokers and | jobbers.

 Mr. Calhoun thought the location in the District a mere sham. He would vote for the motion to strike

 out, and then he would have fair play, by gsing the

 South her share. He thought New Orleans would

 be the best location He would like to have it as far

 as possible from the influence of National Legsla.

 t0n. If there was to be bank, it ought to be south of Mason and Dixons line.-The exports from Ala

 bama and Mississippi were equal to one half the pro- ducts of the whole United States.

 The question on MT. Buchanans motion was taken

 ndnegatved. Yeas 20; nays 29.

 Mir. Calhoun then moved to strike out the District of Columbia, and insert New Orleans. This motion

 was also negatived. Yeas l6, nays 29.

 After notice of several other amendments, the Sc. nate adjourned.

 In the House it appears that the Senate bill for

 repeal of the Sub-reasury law, will be reported from the Select Committee, until it shall be seen what kind of bank bill the Senate will be enabled | to pass.

 Mr. Pickens observed that when the bill came from the Senate it first referred to the Committee on Ways and Means, of which he is member. But in a most extraordinary manner it was taken from them

 and referred to the Select Committee on the curren cy, of which Mir. Sergeant is Chairman. He desired l to ask that gentleman when the Committee would make their report.

 | Mr. Sergeant said the committee had the subject

 under serious consideration, but the time had not vel come, when in their judgment it would be proper to

 make a report Neither had they decided in what

 manner the report would be made. It would all de. | pend circumstances.

 Mr. Fillmore from the Committee on Ways and | Means, reported bill making appropriatng for va

 rous Qualifications, the purchase of ordannce and for

 the suppression of Indian hostilites. It was read | twice and committed.

 | Mr. King from the committee to whom had been

 referred that portion of the Presidents Message re- aing to the Navy, reported bill making appr0pra- ton for the support of Home Squadron in confor.

 mity the plan suggested by the Secretary of the Navy in his annual report This bill was read twice l and committed. report accompanied it, from

 which it appears that in addition to the Home Squa. dron the plan of the British Government IS recon. mended. IL refers to the fact that contract was | entered into between the Government and Mir. Gu. nard, to run certain number of steamers between

 England, Halifax, Be-, to carry the Royal Mall for

 6O,OUO pounds sterling year, te government m

 turn to receive all the proceeds from etters which

 the report says already far exceeds the amount in the

 contract. further condition is, that these steamers

 shall be of sufficient dimensions and strength to carry

 the largest guns, and that in of sand yes.

 sells shall he used by the government Here says the

 report, is plan for the support of steam vessels expense, which in time of war might be called into

 almost instant action. It adyerts to the fact that similar arrangements have been made for carrying

 the Royal Mails in to India and many other | British possessions. So that perhaps a hundred steam vessels will shortly be at the service of the

 British, free of expense in time of peace, and in case

 of need, capable of being used with little trouble as vessels of war.

 1 The report recommends this plan to our Govern.

 ment. It suggests that the Secretary of the Navy be

 authorized to advance money good security. and to encourage companies or individuals to build steam

 vessels to run to various points on our coast and else where, at certain sum per year for carrying the

 Mai the nett proceeds of the postage to be received by Government It expresses the conviction of the

 committee, that the amount received from postages would immediately pay the expenses. | It closes by showing the deplorable condition o our National defences, and recommends the appro praton of sufficient sum to build two sloops O

 war, two, frigates, and two small vessels as Home Squadron:

 The bill authorizing the loan of twelve millions

 dollars wasaken up in Committee of the Whole ,ant

 debated until the adjournment.

 | new Rule was adopted this morning by whcl

 members restricted to their speeches to one hou | each whether in Committee the House. Henc,

 the long winded orators will have no chance to in | fict any more long speeches, at this session.