HON. 4. II. SEWER.
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i the Legislature, asking are-nvosgation of his con duct as agent of the Banks, in the disposal of dry State bonds. The petition was presented, in the House of Representatives, on the 18th instant, by MT. Rust, of Union, on whose motion 1t was re- faIred t9 oiat select committee. This committee consists on the part ol the House. Of Messrs. Rust, Greenwood, Owens, Sutton, Marshall, Lambert, Collins and Floyd, appointed by the Speaker; and, OH the part of the Senate, of Messrs Smith, Yell, and McCamy, elected by the Senate. The commit tee we understand, is actively engaged in the per fornanco of duties, and may be expected to re- port, at all early day.

 The circumstances, giving rise to this petition, are, in the main, so generally known to the people of this State, from the fact that they were made to en-

 ter very prominently, as an issue, into cur recent election canyass that 1t $ not necessary, at this time 10 recapitulate them. Besides, the charges against Col Sc4iar, have been so thoroughly dis eussed throughtas State, both from the stump, and ia the eolums of our paper that we believe the mee is of the case are veil understood, and the verdict oi pubic opinion conclusiyely made up.

 From these considerations, and the further one that the WHoe subject is, al the instance of him who is most immediately interested in the issue now be- fore that body whose duty 1t has become to dispose Of it, we orbear to enter into any discussion of it. That t s in honorable and competent hands, able to ascertain all the facts, and determined to do justice

 to all parties, we are perfectly satisfied

 We have carefully. examined the Report of the committee of the last Legislature, of which Col sevier complains. and diligently inquired into all the facts connected with 1t. We were prompted to do this, alike, by sense Of duty 10 the Democratic party, and of justice to Col. Sevief; for, whatever may have been the original design o the instigators of this Report, CT the purpose of it's lrameIs, we found lin the field, active paftizan instrument, bitterly and parscyerngly used with the obvious view of dividing and breaking up our party, and al the same time destroying the reputation of one of its most distinguished leaders. The result of our examination and inquiries, satisfied us that the charges of dishonorable, or in any degree improper conduct, made against Col. Seyier, by the Report, were intrey groandless; and that. so fur from hay ing intended, done any thing, 10 advance his interest et the expense Of the Banks of tie State, al1is motives were highly honorable and Iaal lble, ad all his acts were conducive to the public inter ests That he negotiated the bonds, entrusted 10 him, upon the most advantageous taras and tdi h. fully accounted 10 the Banks for ev " dollar of the proceeds Of the sale, is clearly manifest from tie published proceedings of the Bank dir-ctors-ana l.om tAe Report itself whsnstrppsd of its ua.fi 'd !y colorinr,, and uBgsnerous insinuaiions That h. usad, for lis own Purposes, before he rstutnad to Little Rock portion of the moaeY ceiesd for the ;, l. I | equally tue that, in doing so he was only antcipa- ting wha; the laH would have awarded, and what the Bank directors did allow Jim, as lis rght im- msdiatay on his return home. Not only so, but ia dain,, this the Bank received from him interest and exchange, amounting 10 some g per cent, upon the sun us-d by him, which il could not have done, had he waited, to receive the money to which he knew hins If entitled ual he reached Little Rock As agent of the Bank, hc had T. ceiyed and had in lis possessioa all the money arising from the saleof the bonds. ltwas his daty to pay over this money tothe Bank. Whether he made this paymentn the identical funds received by him from the purchasers of the bonds in others equally acceptable to the Bank. Is a matter of mere form, intirely between him and t'e Bane attaching just csnsure to no one. That tue funds he paid into the Bank were accept able, and his whole settlement satisfactory to the directors is certain and iadisputabe; for the Bank in addition to the Of an ordinary settlement of accounts, oeardea him 0ote of Alaahs, for Meatie and fli.stu manner in aehich le hqd petf6rme9 de daties of his agency.

 On only one other point will we remark. It has been charged by the enemies of Col Sevier that he demands the Report, aude to, to be oerpuaged' i from the loarnal Of the House of Representatives The terms Of his petition are sufficient refaadon of the sander He expressly says that the torm of redress, is, to him, wholly tamaer3al, And, in that spirit manly ndependence, for which he is remark abla and which does, and should, endear him to our people, be asks nothing more than ftll and jlilia- resiigatioa whereby te truth, the ,glols truth, and nothing bat the tftta, may be known to tine world.

 Such are our opinions, and such We believe to be the opinions Of very large majority of the people ei this State and of their Representatives, upon the matters now placed in issue by this petition. We do not give expression to these opinions with the view, or expectation, of influencing any individual, especially among those who have the subject at their disposal; for we have no doubt theif minds are fully made up in regard to it. We do so, however, as citizens of Arkansas, feeling deep interest aike in the character Of our Stale for honorable and fair dealing, and in the private and public reputation of those who represent us nthe councils oi the Nation Satisfied, as We have already said, that this matter is in honorable and competenthands, we entertain no doubt that the verdict of tho committee, ratified by the Legislature, will vndcate the justice of our State, end the character of one of her long tried ds. voted and faithful servants, from unjust ospersioas

 HON. 4. Il. SEWERS PETITION.

 To ihe Seaate md House of Representatives. of tie

 Legislature of Ae State cf .4rkaasas;

 Your petitioner, AMBROSE II. SEVER, re- gently citizen oi.Ghitot, and now of Jeiier- son county, in the State ol Arkansas, respeei-