CoLUMBIA, Tenn. June I2. ISL
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1oLUMBIA, Tenn, June l2, 1S44.

 GENTLEMEN: l have had the honor to re-

 celye your letter of the 29th ult., informing

 me that the Democratic National Conven-

 ton, then assembled at Baltimore, had desig-

 hated me to be the candidate for the Demo-

 cratic party for President of the United States,

 and that had been unanimously nominated

 for that office.

 It has been well observed that the office of

 President of the United States should neither

 be sought nor declined. have never sought It, nor shall feel at liberty to decline ii, if conferred upon me by the voluntary sufra- ges ol my fellow-ctizens In accepting the nomination, am deeply impressed with the distinguished honor which has been confer red upon me by my republican friends, and am duly sensible of the great and mighty re- responsibilities which must ever devove on any citizen who may be called to fill the high station ol President of the United States.

 deem the present to be proper occa- sion to declare, that if the nomination made by the convention shall be confirmed by the people and result In my election, shall en- ter upon the discharge of the high and solemn duties oi the office with the settled purpose oi not being candidate for reelection. In the event of my election 1t shall be my con siant aim, by strict adherence 10 old repub- can landmarks, to maintain and preserve the public prosperity, and at the end of years am resolved to retire to private life In as sumlng thls position | feel that not only impose on myself salutary restraint, but that take the most effective means in my power of enabling the democratic party to make free selection of successor who may be best calculated to give effect to their will, and guard all the interests of our belo- we'd country.

 With great respect, have the honor to be. your obedlent servant,

 To Nlessrs HENRY HUBBARD, Sc.

 WESTERN ARMORY AND NAVAL DEPOT.

 MEMrHs-We are truly gratifed to learn that the bill to establish Naval Depot, and an Arnory. al Memphis, Tennessee, has become law. A hun afea f1ousad doflars were appropriated to commence the work, We are graified at this, in every aspect Tn which we have been able 10 regard t. not only as local, but as general work 1t will be greatly beneficial to Memphis city, in pushing Ter on ward still more rapidly in her already rapid race to opulence and importance; by making her, still more strongly the great western centre of attraction to bu sness men, and by the expenditure of a great deal oi money in her midst. Il will also prove greatly beneficial to the surrounding country, particularly on the Hyer' by aofding larger and better market for tue various products of industry and in the enhan ceu demand for, and value of, Real Estate But in a saooea point of view. particularly in reference to our means oi defence in time of war; if is of in- caicuaoie importance In addition to this, it is the i hrst step toward improvements in the Southwest, oF '4e government, which their value and impor-