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BUSINESS PRosPEcTs-PANIc OvER-We are
happy to announce TO the unfortunate politicians
throughout the country, who have been endeavor-
ing to get up a panic in the money market and bu-
sness operations, that since the advent of the
Presidents Message here and the Interpretation
put upon it by the Wall street fnancers, there is
every reason to believe now that the panic is all
over, and business prospects are brighter then


It is supposed by those sagacious men who start
ed the panic Immediately after the election, that
the shade Of peaceful policy assumed by Mr.. Tyler
and Mr.. Calhoun in their documents to Congress,
will be SO popular that Messrs. Polk and Dallas,
when they reach power, will be obliged to follow
the same track, and be equally peaceful and con-
ciliatory in their policy. 1t is also supposed that
in spite of the:ullra nullifers Of South Carolina,
Mr.. Calhoun and his friends in the south will az
cede with good grace TO reasonable modification
Of the tariff in a reasonable tme-hat they are not
opposed to the Union, and never were, and will do
every thing in their power to give peaceful ad-
mnstration of public affairs both now and hereaf-
ter. But above all, we have every reason to believe
that Texas will be annexed during the present ses-
sion Of Congress, or within year, without war
with Mexico, or disturbance Of our r. ations with
England and France, for it is very well establish.
ed fact that Santa Anna would be very glad to get
rid Of the Texas question. by having chance OF
lingering few millions Of dollars.


The business prospects, therefore, Of the country
have risen very much since the publication OF the
Message, and nothing can mar them unless the
distinguished wings in Congress should get up
some excitement or some movement that may se,
the ultras OF the North and South against each
other, and produce some collision. Yet we hard
ly believe that they would be able to effect thai,
and we trust that the whole country will now go
to work economically and 'industriously, making
hay while the sun shines, and dismssng from
their minds all such ridiculous ideas. as that we
are going to have hard times in consequence Of
the election Of Mr.. Polk The prospect is decided
ly the reverse.