A Washlnrton Correspondent Of tho
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Baltimore American says;


The runners that the Secretary Of the
Treasury is determined To insist upon The
repeal Of the section of the Sub Treasury


law requiring the payment of all dues IN
specie, imagine 10 he incorrect, Mr'
Walker has held out neither hope nor
prospect of such modification oi the law
when his opinion has been asked and so
far from this has used the strongest posi-.
bic language 10 shew different delrrmn'
alton on the part oi the General Govern.
menl. There is esen recklessness ol
purpose aud determination upon the part oi
the Administration in regard TO all the
great questions which now agilale the
Country.


The idea OF borrowing the money neces'
sary for carrying on the war with Mexico
aud oil an obstinate adherence to the Sub
Treasury law would seem To be incompat.
ible with every principle OF good sense and
jusi ae'ion; but rather than make public
confession oi error, tho Administration
seems determined To sacrifice itself and the
country in common ruin.