This document has severa! good qualities to it. It is of reasonable lengih, plain and sensible in its statements, nnd treats chiefly of our own State aflairs. In point of Iiternry merit, il does not equal the Message of last year. It will be seen that Gov. Felch does not justify the Mexican wat : but seeing that fighting has taken place, he doubtless feels to rejoice that his counlry is victorious, whether sho be right or wrong. No man wno does not shoul at the success of our armies in the invasiÃ³n of Mexico, can be acknowledged as n good "Democrat." Allothers nre to be ranked as trailors, or "Federnlists."