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Senator PreSton-- The Bank pub
lie meeting in South Carolina recently
called on Mr.. Preston to state whether he
was for or against Bank of the United
States. The following extract from his
reply embodles its substance, viz:


"The re-inslitYtion Of United States
Bank presents a very complex question,
both of principle and detail, aud must, in
my judgment, depend upon careful con-
sderaiion Of vast variety of circumstan-
ces existing at the momeat ii is proposed.
Its very constitutlonality must depend
upon the actual condition Of the country !;
and were even that conceded, the organi-
zation presents so many important diff.
cultles, that it would be unsafe to venture
on any conclusion Until a definite and
complete project be presented"


What singular Constitution is that
under which we live! How plastic and
accommodating are its" grants Of powerl"
Here Senator tells us that it accommo.
dates itself TO SHE actual condition of the
country" A Banks "constitutionaiity,"
says he, "mpst depend upon the actual con.
dhion ofthe country!"


No Federalst of '9S ever laid down q
rule Of construction SO broad. 1t makes
every thing constitutional which Congress
may think is required by "the actual
condition of the country" Ii demolshes
at blow the security supposed to exist in
the declaratory provision that all polrerS
not expressly granted to The General
Government are reSerued TO the States and
the People. KenddNs ErpOsitor.


JAUDoN AND BATEs.-Our readers
will recollect some days back, we men,
toned the threats of the Marquis of Here-
ford and other large fundholders, to send
Jaudon and Bates to Australia to hunt
Kaugaroos and herd sheep, for obtaining
money OH false pretences by tho sale Of
fraudulently obtained and moonshine, A.
merican securities. We learn that Lord
Ashburton and some of the other fund
mongers, have prevailed on the Marquis
to have patience until they try what can
be done with the new American Admin
Istration and the coming congress. In
the mean time large collections will be
raised among the holders of American SO.
curties, to bribe our public functionaries
to procure the assumption Of the State
bonds, either directly or by pledge .ofthe
public lands for their payment. Mr..
Webster is the retained attorney o. these
fund.mongcrs, and the prime minister Of