The above engraving of the statue of JOHN C. CALHOUN is from a daguerreotype taken in Florence immediately after the work was completed, and therefore presents it as it came from the hand of the sculptor, unmutilated by the accidents to which it was subjected in consequence of the wreck of the Elizabeth. The statue of Mr. Calhoun was contracted for, we believe, in 1845, and completed in 1850. It is the first draped or historical full-length by Mr. Powers, and it amply justifies the fame he had won in other performances by the harmonious blending of such particular excellences as he had exhibited in separation. It indeed illustrates his capacities for the highest range of historical portraiture and characterization, and will occasion regrets wherever similar subjects have in recent years been confided to other artists. We have heard that it is in contemplation to place in the park of our own city a colossal figure of Mr. Webster, by the same great sculptor. It is fit that while Charleston glories in the possession of this counterfeit of her dead Aristides (for in the indefectable purity of his public and private life Mr. Calhoun was surpassed by no character in the temples of Grecian or Roman greatness), New-York should be able to point to a statue of the representative of those ideas which are most eminently national, and of which she, as the intellectual and commercial metropolis of the whole country, is the centre. For plastic art, Mr. Webster may be regarded as perhaps the finest subject in modern history, and the head which Thorwaldsen thought must be the artist's ideal of the head of Jove, when modelled to the size of life, in the fit proportions of such a statue as is proposed, would be more imposing than any thing that has appeared in marble since the days of Praxitiles. This figure of Mr. Calhoun is considerably larger than that of the great senator. The face is represented with singular fidelity as it appeared ten years ago. The incongruous blending of the Roman toga with the palmetto must be borne: civilization is not sufficiently advanced for the historical to be much regarded in art; and our Washingtons, Hamiltons, Websters and Calhouns, must all, like Mr. Booth and Mr. Forrest, come before us in the character of Brutus. With this exception as to the design, every critic must admit the work to be faultless; and Charleston may well be proud of a monument to her legislator, which illustrates her taste while it reminds her of his purity, dignity, and watchful care of her interests. By the wreck of the ship Elizabeth, the left arm of the statue was broken off, and the fragment has not been recovered. NELL GWYNNE. [Illustration]