From Me Madisoninn.

SHALL MIR. CLAY BE ELECTED BY DE

 FAULT?
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 In 184l and l942, Mr. Clay's true strength was exhibited. His party was defeated in about three-fourths of the States--and in l843 the majority against his party elected to Congress was about 20

 What, we ask, then, has Mr. Clay done, since these shameful defeats, 10 inspire his friends with confidence in his election this fall? What act has he performed since his retirement from the Senate, to render him more popular than he was when his friends every where were overthrown by the tri- anphant Democracy? None, that we arc aware oi.

 Yet the cause of the exaltation of the Clay party, and the corresponding depression at tributed to many of the Republicans, Is very obvious. The former see, or presume they see, irreeoncilable quarrels and fatal divisions in the ranks of their opponents; and many of the latter fear that the anticipatons of their enemies are to be more than realized. Hence the result--and very natural one too-that doubt and despondency have seized upon some of our Democratic friends in the me ridian, while the Wings affect to regard the victory as already achieved

 It will not do for this state of things to exist many days longer, or it will be too late to make successful rally. And there is no necessity for the wheels of the car of De- mocracy to be clogged with Democratic vic- tins. Let us henceforth slay our enemies instead of our friends. Let the next Demo crat who lifts his hand against any member of his own party, have a mark of universal condemnation set upon him, and all will soon be well.

 The moment that all who are opposed to National Bank, Distribution of the proceeds of the public lands, abolshment of the Veto power in the Constitution; and all those in favor of the immediate annexation of Texas. combine and unite against Mr. Clay, thatmo- ment the Whg party will again be in mi nority-a helpless and hopeless minority.

 But such combination, such a rally, can not be accomplished, as long as impassioned differences and disputes between party lead- CTS and sections of the Republican party are tolerated. The man or press tlat can be in- duced at such moment as the present to aim blow in any other direction than that occupied by the common enemy, should be distrusted by the party, and others. more faithful, should be instantly installed The party should bestow its confidence and sup port on the men and presses that are capa- ble of eflecting the greatest amount of good.

 The Wing presses are now teeming with the false charge against the Democratic par ty, (and which originated, we are sorry to say, with a leading Democratic edtor,) that the ''Texas project was a scheme to dissolve the Union!n This charge, which is intended to inure both the Democratic party and the great measure of Annexation, is utterly false, and base as false. The author of the mea- sure, Mir. Tyler, would regard Dissolution as the greatest calamity that could possibly be- fall his country. He would hold in abhor- renee any man who would propose such an alternative, under any circumstances likely to arise during his day and generation He has always believed, and still believes, that the Annexation of Texas would be as fruitful of benefits to the North as the South. But this charge has been founded on the ill-consider- ed expressions of very small number of individuals, who have never yet clearly evin- ced disposition 10 become the partisans of the President; and so fur from the Adminis- trdiion and he Democratic party being re- sponsible for their declarations, they do not hesitate 10 disavow any such extreme no- tioas.

 There can be 10 ioIbt but that this fabri- cation has been coined to break the force Of the terrible consequences likely to follow the conduct of the Wings in relation 10 the great National measure which has just been delea- ted Pai i; will not avail them. Before the ides of tue next November, the question of Annexation will have million advocates in the East and North. q

 There is no nacessii,4br the election of Mr Clay; the ooig way in which he cen suc- eeed must be ia deauIlof union and harmony in the Republican feaks. Ii lhe parry ba =HHiiai. I sau,t iasi ie Wiu the daY.

 Mr Clav could not improve ihe admlais- traiion of tue Government, not render tue country more happy and prosperous. The wheels af Government afa naw tn seeeess-