It is due to the editor of the _Times_ here to state, that, in his money article of the 23d March last, he refers to the controversy of that press with Jefferson Davis on that question in 1849, and, as regards the suggestion of Mr. Slidell, that it might have been Reuben Davis who was the repudiator in 1849, instead of Jefferson Davis, the editor remarked, 'it is to be feared that the proof in the other direction is too strong.' Indeed, the editor might well be astonished at the supposition that Jefferson Davis, who subscribed the repudiation letter in question of the 25th May, 1849, as well as a still stronger communication of the 29th August, 1849, should have been confounded, during a period of near fourteen years, by the press of Europe and America, with Reuben Davis, and that the supposed mistake should just now be discovered, especially as Reuben Davis never was a Senator of the United States from Mississippi, or from any other State. I was asked if it really was Reuben or Jefferson Davis who was the author of the letter in question advocating the repudiation of the Union Bank bonds of Mississippi, their recollection being, that it was the latter. I said that the repudiation letter in question of the 25th May, 1849, was subscribed and published at its date in the Washington _Union_, by Jefferson Davis, as a Senator of the United States from Mississippi, which position he then held, that he was personally well known to me for nearly a fourth of a century, as was also Reuben Davis, and that the latter never had been a Senator of the United States from Mississippi, or any other State, as was well known to me, and would be shown by reference to the Journals of the United States Senate. I stated, that I had represented the State of Mississippi in the Senate of the United States from January, 1836, until March, 1845, when, having resigned that office, I was called to the Cabinet of President Polk, as Secretary of the Treasury of the United States, and remained in that position until the close of that administration in March, 1849. I added, that I was in Washington City, the capital of the Union, and residing there as a counsellor at law in the Supreme Court of the United States, when the first repudiation letter of Jefferson Davis, communicated by him to the editor of the _Union_ (a newspaper of that city), was published, on the 25th May, 1849, in that print, and very generally throughout the United States. It was remarked by me, that it was well known to myself personally, and I believed to every prominent public man of that date, especially those then in Washington, that Mr. Jefferson Davis was the author of that letter then published over his signature, and that he defended its doctrines, with all that earnestness and ability for which he was so distinguished. I was also residing in Washington, when Mr. Jefferson Davis published, over his signature, as a Senator of the United States from Mississippi, his well-known second