Correspondence of the Register and Journal.]
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 Tuscaloosa, December l7th, lS41.

 An important bill, on the subject of the Branch Tn Mobile has been introduced into the Senate by Judge Thornton of Greene. It prohibits further issue of notes restricts the operations of the Bank after day certain, say 10th of Juy) to business paper and ex- change. It authorizes issue of notes redeem able in specie on demand and authorizes the appoint ment of commissioners take charge of the suspend ed debt. It has been made the special order of the day for Saturday. cannot furnish the deails of the Bill, having been unable to procure copy, will send one by the first boat if it then appears to be of an, use. It seems thus far, to take better than any project yet offered, and influential men of both sides tell me they think it will pass. But am induced to think that the mass of the Wings doing every thing they can to embarass and cripple the banks for the purpose of making party capital out of the mischies that arc sure to follow. The majority in the Legis- ature is small, and few democratic votes, carried of by side questions, can prevent any settlement this session, which the wings who are laborins to produce confusion, will charge tothe Democrats, because they have majority which they cannot command on these questions. Some of the leading Wings have pro- CIt'iHeu k Iluuec, tHat Nih 'oS M '"~ es to support the State Government, but leave it to be supported out of Bank capital, unless the whole system is aboi ea at It may not be unwise to abolish ihe system, but it is faction and nothing else, to proclaim that they will not support the Go yernment but will consume the capital of the money the State has borrowed from foreigners, in paying he State expenses, with the intent to charge that

 d.. ac Banks for which they mean to make the Democrats responsible for partizan ends. am afrad that un- less the Democrats do not become united, in opposing these designs they will have reason to regret the re- suit as party The State must suffer by the intro- duction into such vital matters, of such selfish poi

 Senator Bagby l naS Washington city, via Montgomery. - of time made him change his ss.s aIobile. Mir. Shields is hex sis residence before going to WasMl Htloes not expect to be able to get there btf..i~s st week in January.

 The amended ei. .larterlis on its passage through the Senate, having passed the House.

 Nlr Senator Lea from Perry, has Bill before the Senate to repeal the act of the called session, amend ing the charters the Planters and Merchants Bank, and of the Bank of Mobile. 1 do not know what prospect he has of carrying it, why this movement should come from Perry county.

 The mail here is very irregular. Your papers of the 2Olh Nov, came to hand to-day, (the Huh Deep where they have been cannot guess.

 Dec. 18th.

 No mail has lere since my letter above. add few lines, and Tsfby the North Star.

 do not think either of the State Branches will be wound up this session. There is too muck uncer- tainy as to the effect of so strong measure, and too much fear of the results; and may say, too much personal interest in collateral parts of the question, to make it probable than any of them will be wound up. But there will be strenuous effort made, to restrict their operations, and compel them to reduce their cIr culation. The Bill of which spoke above, has been ordered o third reading in the Senate, tomorrow (Mon-