Mr. O'CONNELL has explicitly declared that at present he feels
"a preference for the Federative plan ; " and avows his reason to be, that "the Federalists" appear to him "to require more for Ireland than the simple Repealers do," since, besides a separate Parliament for Irish purposes, they ask a share in the Imperial Parliament. However, he will not bind himself to his present opinion, until the Federalists shall have " spoken out," and Mr. GREY PORTER shall have submitted his plan. Meanwhile, he intl. mates, the Federalists must seize the opportune permission to join the Repealers, or they may be too late. Mr. O'CoNNELL regards the Federalists as a very commodious corps of recruits ; but whe- ther he will stick to his present idea of giving them what they want, or change his mind and swamp them with his unanimous "simple Repealers "—bless their simplicity !—he will tell them by- and-by. The long letter in which he proposes this one-sided bar- gain is perhaps the most unreal thing that has ever emanated from his pen, now grown mechanical in agitation. It is not business— not something to be done, however bootless and extravagant, that he discusses, but a mere shadow of movement—something to keep alive interest while he takes time to deliberate, and to catch re- cruits if he can. However, there is no knowing what may suffice to "excite" the Irish people; and perhaps O'CorissLn is as good a judge as any how far an agitator may venture on the most bare- faced tricks of trade with that sequacious race.