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town erected out of one of the dIvlslonS ana named Portland. This town held its first meeting for the choice of officers on Monday last, and the locos were successful by ma jority of 5 or votes.

 The Argument in NNtsheH.-.Congress has the power to establish Bank in the Dis- trict-so said Van Buren in his letter tO Sherrod WiIIiams-and so Ritchie and all the rest have said. It may insert clause in the charter granting the privilege to es- tabilsh branches any where, with as much right as 1t can insert any other clause.

 The action on the part of Congress then is constitutional

 Any State may permit bank thus privi- legged to locate branch within its limits The action of the States then is constitutional.

 These t'co constitutional Gcts, it is contend ed, when combined, make an unconstitutional one. This is loco loco logic.-RicA. Wkig.

 PHILADELPHlA, June 30, 1941.

 There has been some little excitement produced here to. day by the news brought by Capt. Sawyer of the brig Augusta which arrived at this port this morning. Captain s. states that he fell in with the wreck of q large Steamship, burned so near the waters edge that he could not ascertain her name, on Thursday the 24th of June, in lat. B, 80,

 

 and the other much charred and buYned- The presumption of many here is that it was the hull of the long missing President, and that she was burned aud not destroyed by ice. If this opinion be we'll founded there is thought to be some hope of the safety of 6 portion of the crew. As, in case of her loss by fire, there must have been timely notice for them to get out the boats. The Augusta is 24 days from Trinidad. Capt.S is quite sure that 1t was the hull of large steamer that he saw, and equally sure that she had been on fire. He bore down close upon it.

 MoRR1sTowN. N. J. June 25.

 Sad Accident and Less of Life.-About l-2 o'clock this afternoon, the citizens of this town were alarmed by tremendous crash, proceeding from the building about being removed from the site where the new Metho- dist Episcopal Church is to be erected. On arriving at the spot a distressing sight met our eyes. The building, which was two sto-. ries high, lay in one heap of ruins, and three persons in a mangled state were crawling out from among them. In few moments it was ascertained that two other persons were buried beneath the ruins. After diligent search MT. James Nutman, of Newark, who was engaged in moving the building, was extricated, after being confined by the tim OSAS AO0I'y h0AA AlI uOuIs "Oul. ded. It was then ascertained that one of our worthy citizens, Laomid Moore, Esq. was yet beneath the mass, and after an hour and half of extra toll and exertion, he was eX- tricated alive, and as was thought only slightly injured. He was removed to his residence, and expired in about half an hour. Jason King, Esq. was standing near Mir. Moore under the building at the same time, but miraculously escaped. A son of J. J. Scortield, Esq. was under the building, and escaped without injury.

 wHG PRINCIPLES AND wA1G MEASURES:

 The news from Washington all indicates that the Wings will be able to carry out their measures notwithstanding the tricks the Op- position throw Ill their way, and the holds boek. they pat upon their wheels.

 When upon the reception of Abolition Pe- titans, the Opposition by marching and counter-marching between Northern and Southern Whigs, were able 10 thwart all bu- siness of the House for nearly three weeks, they were so delighted as to believe no bush. ness could be done during the Extra Session. They have spread this idea abroad among their dcluded compatriots, but now they find thlS premature exultation has but united tho Administration members. who will carry out all the measures for which they were espe- cially assembled.

 1t Is now quite certain that among the measures which will be passed into Laws are the following:

 Ist. The creation of Fiscal Agent, or in other words, Bank of the United States.

 2d. The funding of the Public Debt bv the creation of a Loan of $l2,OOO,OOO.

 Sd. The distribution of the proceeds of the Public Lands, with the establishment of pre- emption rights.

 Other measures will probably occupy the attention of Congress, but these will, accord ing to the highest probability, become laws.

 It must, however, constantly be kept be- fore the eyes of the members of Congress, that the country expects action from them, and carly action. Unfortunately, through the flood of talk that inundates the Halls of the Capitol, all great measures must be push cd into the last hour of the sesson-and it., therefore, becomes the business of the Pub nc 10 press their measures forward with as much raPidity as possiblc.-N. Y. Express.

 ROBBERY OF THE FREDERICK CouNrY BANK -Recorery of Portion of the Money-The money that was stolen from this bank has been recovered, with the exception of about $2o,OOO. We understand that the circum- stances which led to this result were as fol- lows: Some time ago, the directors of the bank received communication from per- son in New York named Wiley, who repre- sented himself as Lawyer, and stated that he had professionally become acuuainted with such facts as would enable him to se. cure the restitution of the stolen property upon certain terms. Dr.. Wm. Bradley Tv-. ler' one ot the directors of the Frederick kNY Dc