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 a sesies of splondid operations which in one year, have sublectet io cuF power one-lhird oi Mexico and laid her eapi.ai ai our niefcyl 1he President and his cabinet have done nothing sright, How has it happened mat there were men or means to 6gh, successful battles at Los Angeles or Taos, raso del Norte or Sacramento, Palo Alto, kesacca tie Ia Palma, Monterey or Buena sista, Vera Cruz or Cerro Gordo. When, ID me history of nations, has there been . more vigorous war, more thousands Of miles 'raSersea by armies tn a shorter time, more rapid conqaests, more daring exploits, or more glorious victories, Such scene was never witnessed under feeble government, or a weak administration All this would not have been accomplished without some wisdom tn planning, and some energy tn executing, And Ehatevcr faction and dis content may now say, the administration of President Polk will constitute bright era m Ametican history. h is now that our young republic springs into manhood, and, throwing alolt her giant arms, forbids the interference of European powers with her affalrs in North America. IL is now that Europe acquiesces and relinquishes all thought of attempting to maintain balance of rival powers on this continent Heuce- forward our march is onward, unfnolesled by crowned heads, and more agilated than retarded by aciious and ambitions ,nen tn our own bosom. Nothing can destroy our Union, nothing can prevent it's extension over every region which may be controlled by its children, or assimilate itself 10 their habits

 But ] ani travelling beyond the object which alone had in view, which was but to contrast the declarations of the leading wings with their acts, and the uniform suc- cess of the administration with the imbecil. fly which the whigs impute to it. Heretofore brilliant sEcesss has been some indication of wisdom and talents; but times are changed :

 TIE FARNERs' AND MERcHASrs' BANK The extraordinary run against this inslittl- lion made within short period. has at length forced her into a state of suspension. We present below copy Of the resolutions pas- sed by the board of Directors.

 Within the last ninety days she has paid SIX hundred thousand dollars of her lIabili- ties, leaving outstanding an amount altogeth- CT inconsiderable, compared with her ulti- mate means. We believe no one doubts the entire solvency of the Bank; and we advise all note holders to submit to no unnecessary sacrifices. The suspension IS disastrous, in- deed, but the confidence of the public in the ability to pay the last dollar is not in any degree impaired.

 FARMERS AND MERCHANTS BANK

 OF MEMPHIS, 24th May, lS47.

 Resoired, That the Farmers and Mer- chants Bank of Memphis suspend tho pay ment fspecie temporarily, and until due no- tice ofa resumption shall appear in the news papers.

 Resoired, That note holders be, and they arc hereby cautioned against sacrificing on the notes of this Bank, as her resources arc ample and will soon be made available.

 \ Cory.

 