Letter from the Editor.
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Letter from the Editor.


WASHINGTON, Friday evening, Sept. 3.
Well the Exchange Bank bill! passed the Senate to-day
precisely as it came from, House. BY 81 to % voesMr
Archer and every other Wing and Conservative but Mr..
Ryes in the affirmative The bill goes 70 the President
where its fate unhappy doubtful 1t will be vetoed
beyond question.


The amendment Of which spoke in my la. not offered
to-day-why know and will hereafter If crcumslan-
shall render advisable Tho ncces.ary Modification
the hearty Of Mr. Rives would have
carried if ii had been believed of any It not; and
The belief here is that bill which Congress could
mature this subject would escape the Veto. Mr..
Ewing's bill certainly would More Of this hereafter.


And word in explanation of the attitude of Con
ercss When the first bill vetoed most Of the Wing
Members Of each House preferred 90 home and take the
Of their constituents before touching the subject again.
Mr. Clay cmphaticaly Of this opinion and into
the reconsideration very reluctantly But other counscls
prevailed, and Mr. Sergeant introduced BILL stree
conforty ruth what understood 10 be the 1cisheS end
general yielcs e Prcsdent This an important point
and which be mistaken So from being ami
mated by any disposition head the President cmbar-
him any way, it thought that this would
De welcomed by him relieving him from unpleasant po-
so and corlaiy between him and the sup
orers of his Administration The result has answered
these expectations but they unwarranted. The
why's ard whoeforcs viii become public due


And now to the Cabinet Up to this moment, the in
between the President and his Constitutional ad-
has been uniformly kindly and unbrokcn The Secre-
have performed their duties with uncxceponabe
fidelity and absained from interference either with his du-
ties Except in where their advice officially
qurcd those Of Congress- Yet the universal opinion here
that they will without exception give place
Of this, in fact there can scarcely be doubt
Now if the President desires surround himself with diff
ferent Whg Cabinet from the present, presume there will
be little objection his induging that
not on the part of the friends of the present Ministers But
1t ought to be understood that this Cabinet change mcd
ta,ed planned advised-i do say by Mr. Tyler but BY
who possess his conhdencemonth ago, and
trcly independent of the RanI iai NJ ~avrt fus been
spared TO draw nvidous distinctions between Cabinet
formed by Gen Harrison and selected by Mr.. Tyler for
himself WELL shall have of the latter charac
cr and hope Wing principles and measures thereby
promoted, all viii yet be we'll


It is understood that Judge ApEL P. UPsHuR Of North
.rnpton Co. Virginia. will be the Premier and Secretary OF
State under the regime. Of this believe there be
no doubt For the other places, heur many names-Caeb
Gushing of Mass Balic Peyton Of LOU Thomas King of
Ga (or the Navy) Walter Forward Of Pa and Charles A.
Wick;e OF Ky. (or Postmaster Generai) Nc &c lname
these simply they reach me- think no change will be
made until after the adjournment of Congress.


word now in relation the Presidents views of which
widely different versions in circulation Some of them
assert with confidence that he is decidedly favorable the
creation of institution furnish National Currency and
facilitate Exchanges and that he only wishes time to
and bring plan for that purpose On the other hand
many ultimate friends Of the President who
any Bank ALL and insist that the present state of the
Country such institution could answer any good purpose
The next Veto Message trust will be more lucid with re-
gard 10 the Presidents views than the last


The Land Distribution bill not returned with the
Presidents signature to-day but understand has been
signed and will be sent in tomorrow. think would have
been to-day, the early adjournment of the House


H. &.