New York papers to the 25th of September have been
received by the Sheffield packet-ship, which made the voyage frotn New York to Liverpool in sixteen days. It appears that, in the Senate, the finance measures of President VAN BUREN have been passed without difficulty ; but the House of Representatives had made little progress with the corresponding bills ; and the Administra- tion was very uneasy as to the course that body would take.
Long debates had occurred in the Senate on the annexation cf Texas to the Union. This is a question of the utmost importance. Hitherto the acquisition of territory by the United States has been made through the cession of provinces belonging to foreign powers—of Louisiana by France, and Florida by Spain : but Texas has revolted from Mexico, a friendly power ; and her claim of ad-
missionto the Union rests upon a different grou other and more interesting question arising out of the bsitiorit n-.
corporate Texas with the Union, is, whetheg hq..power of the,. slaveholders shall be increased by the adm 'AO /V- territory which before many years have elapsed wit Ohabiy•furnish a . population sufficient for three or four new Sta 7ihns,giving the: South a decided preponderance over the Nor 1Eat. And, thirdly, Congress must now decide whether it stimulus to the internal slave-trade bytroviding a new and extensive , market for negroes. All these guts:Mons are dismissed with great ability and eloquence in a publishedietter from Dr. Cita:fist NG to Mr.CLAY ; in which the Llsetor erd‘swvOurs to-arouse.bisamuntry- men in the North from the " apathy " with which they view the attempt of the South to " perpetuate slavery," and "their almost incredible indifference to the political power" which the annexa- tion of Texas would confer upon the Southern States. Dr. CHANNING warns the planters that the incorporation of Texas would "give new violence and passion to the agitation of the question of slavery," the discussion of which, he says, "the ma- jority of the North have discouraged ;" that the "fire now smo- thered will blaze out,' and "an uncompromising hostility to slavery " be produced, of which the country has hitherto "seen no example: In comparison with this question, the financial diffi- culties, which Congress was specially summoned to consider, are of small moment and passing interest.
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