Correspondence of the President and the South Carolina Commissioners.
The correspondence, which will be found in another column, was not terminated by Mr Buchanan a moment too soon for his own polemical and epistolary credit. The Commissioners seem to have cornered his Excellency in a style from which there was no escape, but throwing himself upon his dignity. The parties appear to have differed materially in their recollection of matters of fact. We don't undertake to decide between them, but the Carolinians being younger gentlemen, and their memories not affected by the infirmities of age, the presumption is in their favor.