Steamer President

This splendid vessel, with more than one hundred persons, is undoubtedly lost. All hopes of her safety seem to be at an end. The probability is that she struck an iceberg in the night, and sunk. Among the persons on board was the Rev. G. Cookman, late Chaplain of the H. of Representatives, and who was favorably known as a Minister in the Methodist Episcopal Church.

Our exchange papers teem with accounts of bank swindling, forgeries, robberies &c.; the contemplation of which must be painful to the patriotic mind. Notwithstanding the great revivals which for several years have excited this continent, and the high pretensions to piety and virtue, there appears to be an evident lack of morality and common honesty. At this rate it will be some considerable time before the millennium!!