The packet-ship Sheffield brings intelligence from New York to the
16th March.
Previous advices had made us aware of the arrest of one Hogan, at Lockport, on a charge of being concerned in the Caroline affair. Hogan, say the Albany papers, made an affidavit, which was read at the trial of M'Leod, that he was in one of the boats engaged to cut out the Caroline. After a long argument before Judge Ransom, he was discharged, on the: ground of a technical insufficiency in the warrant. What became of him afterwards is not stated; but it is understood that he had got away. The President had sent a message to each Chamber of the Congress, alluding to Hogan's arrest, and urging the necessity of making some
Frovision for bringing such cases at once within the jurisdiction of the ederal Government. A second message to the House of Representatives set forth the financial deficiency in the Treasury and the pressing demands upon it ; and suggested the necessity of a further loan, or of authority to the Executive to issue more Treasury notes. The Secretary to the Trea- sury estimates the expenditure of the current three months at 9,574,040 dollars, the deficiency at 3,254,686 dollars.
The state of the markets was bad. The exchange on England re- mained without alteration.
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