The latest news from the United States justifies the hope
that the quarrel between Carolina and the General Government will be peaceably adjusted. The great leader of the Tariff party, Mr. CLAY, has introduced a bill for the reduction of duties on foreign E;ienufactures, which has received the approbation of Mr. CAnnourr, the leader of the Nullifiers. By this bill, the duties will be gradually reduced till they reach 20 per cent. ad valorem. At the present time, many articles of British manufacture and Carolinian consumption are taxed as high as 50 per cent. ad valorem. The reduction, on many things, therefore will be very large. Thus the Carolinians have found the benefit of following the advice which Lord ANGLESEA addressed to the Irish, but which these latter have failed to profit by. The Carolinians have agitated, till they have compelled their oppressors to give way, and abandon their restrictive system; while the unlucky sons of Erin have only got a bill of pains and penalties as the reward of their agitation. Although we had no direct evidence of the intention of any of the other Southern States to unite with Carolina, still we never expected that if it came to hard fighting she would stand alone. The American legislators seem to have been well aware of this ; as is proved by the following extract from the report of the Committee of the House of Representatives, which had been appointed to inquire into and report upon a branch of the subject— "The interest in the question from which it has originated is not limited to a single State, but extends to an entire section of the country ; and among the unhappy results of the application of force, there is reason to fear that, from a controversy between the General Government and a single State, it would extend to a conflict between the two great sections of the country, and might terminate in the destruction of the Union itself."
We have always said that if force was applied by the General Government, it would speedily become a quarrel between North and South—not of Carolina with the whole strength of the Union.
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