The 19th of November, 1832, the day for the meeting of the Chambers, at length arrived.—Every American was anxious to know what the king would say in his speech concerning the treaty. No one could doubt but that he would strongly recommend to the Chambers to make the appropriation of twenty-five millions of francs, the first instalment of which would become due on the 2d of February following. All, however, which the speech contains in relation to the treaty is comprised in the following sentences: “I have also ordered my minister to communicate to you the treaty concluded on the 4th July, 1831, between my government and that of the United States of America. This arrangement puts an end to the reciprocal claims of the two countries.” Now, sir, I am well aware of the brevity and non-committal character of kings’ speeches in Europe. I know the necessity which exists there for circumspection and caution. But making every fair allowance for these considerations, I may at least say, that the speech does not manifest an anxious desire to carry the treaty into effect. What might the king have said; what ought he have said; what would he have said had he felt this anxious desire? It might all have been embraced in a single additional sentence, such as the following: “The Congress of the United States have already provided for the admission of French wines into their ports upon the terms of this treaty, and have voluntarily reduced their duties upon French silks, I must, therefore, request you to grant me the means of discharging the first instalment which will become due, under this treaty, on the 2d day of February next.” The king did not even ask the Chambers for the money necessary to redeem the faith of France. In this respect the debt due to the United States is placed in striking contrast to the Greek loan.—Immediately after the two sentences of the speech, which I have already quoted, the king proceeds: “You will likewise be called to examine the treaty by which Prince Otho of Bavaria is called to the throne of Greece. _I shall have to request from you the means of guaranteeing, in union with my allies, a loan which is indispensable for the establishment of the new State founded by our cares and concurrence._” The establishment of the new State founded by our cares and concurrence! Russia, sir, has made greater advances by her skill in diplomacy than by her vast physical power. Unless I am much mistaken, the creation of this new State, with Prince Otho as its king, will accomplish the very object which it was the interest and purpose of France to defeat. It will, in the end, virtually convert Greece into a Russian province. I could say much more on the subject, but I forbear. My present purpose is merely to present in a striking view, the difference between the king’s language in relation to our treaty, and that treaty which placed the son of the king of Bavaria on the throne of Greece.