THE DEPOsITE BILL.
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We congratulate our readers and the peo-
pie Of theSourh upon the final passage and
Executive approval Of this important mea-
sure, We know of no law which has been
passed for the last eight years, that has
done as much to check the alarming corrup-
tons which have crept into the administra-
ton of the government, or to overthrow the
power and defeat the intentions of the New
York faction and the abolition candidate II
has taken from him the very sinews Of his
unholy warfare against the interests of the
people and of the South. It has placed the
candidate of our choice on something like
equal terms with his opponent. 1t will stop
many of the mighty engines If fraud and
corruption which have, for years, been in
successful operation. 1t will be the means
of disbanding, to great extent, the trained
corps of Office holders, and will stop the pay
and rations of the treasury mercenaries. 1t
will virtually give back to the states and to
the people the money which is their own,
and enable them to carry forward, with re-
doubled efficiency, their plans of internal
Improvement, general education, and other
great works Of public utility and Importance.
1t will check the disgraceful pecuniary and
political stock -jobbing, which has been car
ried on by the favored few at the expense
Of the many.


There is one circumstance connected
with the adoption of this measure, which
every anti-Van Burcn man must regard
with peculiar pleasure. He ba3lcd against
ii to the last! For once, he doled the inn
pervious veil of his non-committalism, and
struggled like a martyr for the continued
possession of the spois. During the pen
dency of the bill in the Senate, he was con-
stanty surrounded by his confidential friends
and advisers, and gave his orders in person
to his trusty Satraps. In the House of Re
presentatiyes, seventeen of the moagre mi
nority who opposed the bill, were from the
state ofNew York. The Cambrelengs, the
Manns, and the Vanderpoels, fought the
hopeless battle, with the spirit of despera,
ton. But, thank God, they were borne
down by the overwhelming tide of reform,
which was at its flood in the House, and
which obIiIerated every thing like party
lines ard party divisions in that body.


The people will know well how to use
their triumph.