rhe Washington correspondent of the Baltimore Patriot
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The Washington correspondent of the Baltimore Patriot
writes as follow:


The disposition among the Wings to be, universally
apply themselves Immediately the preparation of another
BILL which, believed will the sanction of the Pres
dent bank ofexchange deposite and circulation without
the power of making local discounts of promisoy will
most probably be established which will be found be pre-
ferable many respects to which has failed be
established The branching power of such bank will be
independent of the ofthe State every
purpose well regulated national bank may be thus
compshed the discounts far they may prove be
necessary may take the shape bills of exchange instead of
promsory


The President is anxious for it. He sent for the
Hon. Mr. Sergeant Monday to give him his views
fully and shall not be surprised bill is reported to day
the House He also gave his fully the subject to
Mr. Jaudon receiving at the time many valuable hints
from MIR as to peecting such institution Mr. Webster
and Bell and the other members of the cabinet decidedly
in favor of ofit-New York Lines.