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Government, and they never could have been property cancelled, as that operation consists not in writing upon defec. their but in punching them with round holes, thereby ing them face, in such a manner as effectually to prevent their again put into circulation. The truth is, the Secretary has Sing placed himself in a very ugly position, and although the Teles papers will endeavor to sustain him as a matter of course, the sooner he retraces his step. the better. Should befail to do so, we have CO doubt that Congress will by an manimous vote, acknowledge the obligation of the Govern. ment to pay these notes which have been purchased by innocent holders in good faith and thus administer a severe rebake to the repudiating Secretary. Five dollar bills purporting to be of the Bank of Louisiand are in circulation in New Orleans, a bungling counter. feit, nnd evidently altered from a bill of the Bank of Commerce, in Mississippi. The signature of the President is Benjamin Strong, instead of Story-and at the head of the word Louisiana' is bunglingly put over the word Commeree. The Gore Bank at Hamilton. Canada, has declared a dividend of four per cent for the year past, payable on demand. The Receivers of the Chelsea Bauk Mass. which failed is 1837, have advertised that all demands against this institation must be presented by the 23d instant.nt which time all the assets in the Receivers' hands will be divided among the creditors. The Newburyport Herald states that the dividend will exceed fifteen per cent on the claims.