Alexandria Gazette

FROM TEXAS.

By an arrival from Texas, Galveston papers to the 15th inst. inclusive have been received at New Orleans.

The President's message to Congress gives a flattering account of the growth of the young Republic in population and resources. The harvests have been abundant; and agriculture is extending itself in every direction, promising rich rewards to the toil of the husbandman, and giving earnest of the future importance and power of the Republic.

The Government as well as the People have experienced great embarrassment from the derangements and unsteadiness of their currency. The loan Commissioners had not yet been able to effect a sale of bonds. One of them was at the Hague, for the double purpose of procuring the recognition of Texas upon the part of Holland and opening a treaty for a loan with the bankers of that country.

The President deprecates a war with Mexico as calculated still further to embarrass the commissioners in negotiating a loan, and as involving the nation in great distress, on account of its pecuniary difficulties: for which reason he recommends a further attempt to reconcile the mother country by negotiation.

The Commissioners to run the boundary line between Texas and the United States had been compelled to suspend operations for want of means.

The President had kept the navy afloat because he had reason to believe that Mexico was having built in some foreign port a steam ship and other vessels of war, for the purpose of harrassing the commerce of Texas.

The message recommends an increase in the duties upon importations; the currency in which the imports are now paid being at a discount which reduces the nominal duty of 15 per cent. to actually less than 3 per cent. The necessities of the Government require this recommendation.

The message represents the intercourse of the Republic with foreign nations as in the same condition as at the opening of the last Congress.

Upon the whole, we gather from this document that the young Republic is rapidly growing in all elements of power, wealth, and influence; though she is crippled, for the time, in her pecuniary resources and embarrassed in her foreign and mercantile relations.—N. O. Bee.