American citizen. (Butler, Butler County, Pa.) 1863-1872, March 16, 1864, Image 2

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    Npeech of Hon. 11. 6. Stebbins.
Mr. Clteae'a System Defended by a Democrat.
The able speefti of Mr. Henry G' Stcb
bins, made lately in the House of Repre
sentatives, has created much sensation
among tha opponents of the Government.
Mr. Stebbins is a leading banker of New
York, president of the Board of Brokers,
and is withal a Democrat. He has there
fore unusual claims to be heard by all par
ties. His speech js an eloquent and un
answerable defence of the Government
credit against its invidious assailants, chief
of whom is Mr. Fernando Wood. Mr.
Stebbins, it will be seen, based his argu
ment upon fact and truth, and not upon
speculation, taking for his text the record
ed opinions of the Secretary of the Treas
ury, and opposing tliern to the false statc
ment of Wood and others.— Pittsburgh
Gazette.
"Mr. Chase's avowed and recorded opin
ions are, that sufficient circulation has been
provided—that it cannot he increased ex
cept at the hazard of svift destrue ion to
the whole system— that no change n:hat
ever, limiting or increasing the quantity <J
circulating medium, which in four hundred
mil/ions, should be considered for one mo
ment."
Mr. Stebbins further read from Mr.
Chase's report:
" Page 8 presents an estimate of the
condition of the public finances up to the
Ist of July. 1804. and the estimated total
debt up to the Ist of July. 180.V On
July Ist. 1804, that debt will be' 81.080,-
958,041, of which 8400,000,000 is cur
rency. On the Ist of July, 1805. it will
be 82,231,935,190, of which 8 100,000,-
000 will still be necessary. Deducting
this currency from th« debt, the funJed
debt of the United States will, in July.
1865, be $1,831,935,190. I class all but
the 8400,000.000 legal tender as funded
debt, and I assume that the extreme limit
of this kind of mortfcy ha 3 be'cn reached
—that it will never te exceeded."
Acorre°poudentof the Tribuue describes
the speech as follows :
" The orator, practically familiar with
bauking. and knowing man's ways with
money, and his passion for interest and
weakness for coupons, demonstrated this
pr< Position in the clearest manner. He,
showed that the 8100,000,000 leiral ten
der 5 per cent, was, the funded debt,
• merchantable commodity, partaking of
the character of the English exchequer
bill—rising and fhlling in price with the
augmentation of interest—floating as cur
rency a few value of money, increasing in
▼alue daily with the days after being is
sued, but presently absorded and gone
from the market, not to reappear until ['re
sented for payment, on maturity. In the
Bamc manner he showed that the debt cer
tificates were not "currency"—that they
are bought and sold for investment and as
marketable commodities, and occupy pre
cisely the same relation to capital that the
promissory note occupies. The loan he
next showed to be like any other funded
debt, and when he concluded this branch
of his triumphant argument with the
words:
" And so, Mr. Speaker, out of sixteen !
hundred millions of debt, thus far created, i
bat four hundred millions is currency,'' ;
the assent and faith of the House follow
c.lhim, and the Copperheads shrunk back
in their chairs They sunk deeper back
under his manly rebuke of the arguments
and statements they had resorted to with
deliberately malicious purpose of swelling
tlTe current of improvident speculations
—of weakening still more the public con
fidence—of depreciating still more the
public credit—of pushing up still higher
the price of the precious metals—of in
creasing to a still greatcrdegrec the neces
sities of the Government, and in the same
proportion the burdens of a people alrea
dy staggering under their load of bloody
sacrifices, great anxieties'and expense*,
and attempting to shrivel the war arm of
the country with predictions of national
bankruptcy and repudiation, lie said :
" Sir, such predictions and statements
cannot be made in this House without
damage to the public credit and injury to
private interests. Nor can they be made
without hurtful influence on the hundreds
of thousands of soldiei sin the field, fat
away from their homes and in the midst
of enemies. They look to Congress to
build up the national credit, to strengthen
it if it is endangered, and to fortify it
where it needs fortification. They wish
to feel ample supplies of men and
money, until they can terminate the war
Successfully and honorably. 1 sympathize
with these soldiers. With all my object
ions to the present financial system of the
country, I feel it my duty to sustain it till
the war is over. Amd 1 think, sir. that it
is the duty of every man in this House to
'be zealous avid industrious in his labor to
inspire the public with confidence in Mr.
Chase's financial system, and to enable the
Government to negotiate its loans and
meet with promptitude its obligations."
Had there been holes in the neighbor
hood of Fernando Wood's seat, numerous
chairs had been vacated under the ring of
these Democratic words, vacated with un
tlultatory haste, and hisses of leave tak-
mg. *
The oratorthen rose with his theme,aDd
treated paper mjney like a statesman-as
well as a banker. He said : •
" I am taught by history that great wars
have always been carried on with paper
•Moey. My judgment and my experience
teach this country cannot hope to
be an exception to this rule. I therefore
* do not propose to discuss the system of
per money, nor to point out its
tions. I desire to see nothing but the
great facts that weare in the midst of civ
il war—that men and money are essential
to its prosecution—that the life of the na
tion must be saved—the honor of our arms
maintained—the integrity of the United
States preserved—the authority of the
Federal Government vindicated. A finan
cial system, the offspring of this great ne
cessity, baa grown up. It has been in op
eration for the past three years. It is in
terwoven through every part of our indus
trial system. We eannotabolish it if we
would; we ought not to abolish it if we
could. We must wait for peace to pre
vail before we undertake to pull down the
structufe, and build in its place another.
x To undermine and destroy it now. would
be to burv the nation under its Yuinß."
Mr. Stebbins next indorsed Mr. Chase's
national banking scheme as calculated to
strengthen the national credit, to provide
a mode and means of selling the Govern
ment debts in considerable quantities, and
to prepare the way for resumption of spe
cie payments and the gradual displace
ment of the legal tender. And the re
sumption of specie payments, he believed,
would take place through the influence of
the national banking law without any of
the disorders and convulsions which always
heretofore have fallowed great financial
changes.
He uttered his faith in the funded
American debt, and based the faith of
the people in the bonds of the United,
States with economical truth as well as
rhetorical beauty ; the plowed fields and
the homesteads between the Atlantic and
the Missouri, on the public domain of a
thousand million of square mile .vest of
the Missouri; on its inexhaustible miner
als of coal, iron, copper, silver and gold ;
on its l'aeific Railroad to traverse and cut
through this bed of eternal w»;f!th, and
to tap the commerce of the Pacilic world;
on the enterprise and intelligence of the
free race that will build this road, mine
that wealth, and draw off that commerce.
. " Sir," said the orator, ' the people be
lieve in this basis of their country's debt.
I believe in it. I know the great economic
al truth. that while from the year 1801 to
1801 the population of France increased
but 37 per cent., and that of Prussia in
creased but 70 percent., and that of Kng>-
land 121 per cent. 1 know, too, from the
statistics of the increase of the national
wealth of America fir the last tch years,
that in 1870 the middle Atlantic carrying
ami manufacturing and the Western t'ood
| riducing Stites will surely have thirty
five thousand millionsof taxable property,
and in 1880 eighty thousand millions!
'1 Sir, the four hundred millions of le
gal tender divided equally among these
to be paid by them out of their in
creased wealth from 1850 to 1800 alone,
would have been extinguished in the first
six months of 1800 and the balance of
increase of wealth remaining on hand be
the enormous sum of 87,500,000,000. —
Measured in connection with the nation's
ability to pay this legal tender debt, sir, is
wholly unimportant. Have not twenty
five mill ons of Americans endorsed this
paper, as well as all the debt of the United
States; and is not this endorsement guar
anteed by forty-two millions of Americans
thinking and laboring in 1870; and is not
their guarranty underwritten by the fity
six millions of Americans of the year
1870. backed up by their accumulated
wealth of 882,000,000,000?"
Coming to the measure before the
House, the gold bill, he said, with a log
ical impressiveness which was irresisti
ble :
" If this four hundred millions of cur
rency were secured to be paid to morrow;
if the nation could see it begin to die and
disappear by the establishment of a sink
ingfuudof 10 per cent., per annum.which
would absorb it all in ten years; if by the
legislative sanction the Secretary should
direct the burning of 8100,000 of it a
day, until the whole was destroyed, do you
imagine you would hear anything more of
rises in gold ? Sir, those measures would
be the death of the speculators on the
seaboard, and the nation would rise above
their fears and anxieties, full of fresh
power and hope. The passage of this bill
to authorize the Secretary of the Treasu
ry to sell from time to time the surplus
gold in the Treasury would, in niv lins
ion, have a correspondingeffect, and tend
prodigiously to the reduc:ion of the ex
penses of the Government."
Mr. Stebliins then unveiled and attaek
eu the artifices by which the people's mon
ey i:< depreciated in the great cities. His
speech concluded as follows :
Suppose, s'r, some vast theatre, crowd
ed with thousands of human beings, ab
sorbed in a dramatic spectacle; and sup
pose. sir, in the uiidst of their happy ab
sorption two, three, or more voice# should
suddenly raise the appalling cry of fire,
and rush toward the narrow entrance for
the street? Does it need any prophecy to
foretell the fearful disaster that would en
sue while this frenzied •multitude dashed
at the contracted outlets, and through tho
Crowded corridors? Hundreds might be
crushed, limbs be broken, numbers suffo
cated, while thousands might be robbed by
the brigands who had perpetrated the ca
lam ty for the purpose of plunder. Sir.
will any one undertake to say that the
building is really on fire because of the
infuriated cry -of fire? No, sir! And
sir. thii is precisely the (jasc of the people
of this country.
" During the past three years disloyal
voices have kept crying fire against the
national .finances, and there have been con
vulsive movements to escape the fearful
calamities said to threaten the paper sys
tem, and which is finally to be entirely de
molished. And while this cry continues,
and every imaginable auxiliary is used to
magnetize the nation into such belief, and
while the masses are rushing out of ilie
Federal building in mad disorder, a svs
tem of pillage has been going forward that
defies description, and human ingenuity is
taxed to its utmost to keep up the alarm,
that the spoils of the villainy may aug
ment, and the opportunity for plunder be
protractd yet awhile longer. Sir. it is our
solemn duty to assist in correcting this
scandalous state of things. The first step
that we are bound to take is to relieve the
Government from the fearful position of
being a hoarder of gold. It cannot afford
to be an instrument in the hands of its
enemies, a participator in the depreciation
of its currency, a confederate with the
speculators of the seabord.
* ''Sir, I repeat with all the. emphasis I
am capable of expressing, that in advoca
ting every measure for strengthening our
financial system; by encouraging the Sec
retary of the Treasury to persevere in car
rying out the ideas distinctly presented in
his aunual report; bv pointing out to the
extent of my huiiAle ability the way to
roll back the current that has set in such
irresistible force against the public credit;
by pointing out the vast resources of our
country, and showing that an issue of
$400,000,000 of currency is only a substi
tute for the gold and bank circulation it
has displaced, I fulfil my duty as a Demo
cratic representative."
JS?" When a lady, flashing for a lover,
cunningly adjusts her features for the
purpose, each oftbom is at an acute angle.
(The gjtmmrau Cittern.
THOMAS ROBINSON, }
CYRUS E. ANDERSON, | JiClltors -
M. W. NPli.ill, Publisher.
BUTLER PA.
WE I>>"i:SI>AV::MAK. 1» ls«|.
fit)•"Liberty and Union. Now and Forever, One
and'n»eptfrable."—D. Webster.
FOR PRESIDENT IN 1804 :
ABHAIIAM LIICOLy.
Who can furnish us for publication, a
complete list of the field and line officers
of the grand Copperhead army, recently
organized for the defense of the Herald,
against the expected attack of Lincoln's
minions, as they call them ;of course
M'Clellan WH C >mm in ler in chief, but
who were his subordinates? Think they
must have been principally composed of
the "working members of the late Demo
cratic convention—the chairman of their
committee on resolutions for instauce,
and his next friend, the "armistic" man.
The Election Again.
We hope our friends will bear in mind
that Friday next, is the day to choose
election officers, to say nothing of anything
else. Don't rely on your former majori
ties in our close districts to your tick
et; recollect that about fourTiundred re
cruits have entered the service this
eouuty. seven-eighths of whom were Re
publicans ; we can only overcome this loss
by more vigilance. Let us have a full poll
and all will be well.
A (»oo<i Joker.
The man who quits the American be
cause it is too personal, and subscribes for
tlie Herald. W hat dues the Citizen think
of such a "Republican?" That man's
head would glisten in the sunshine.—
American.
The "CiTlzf.N thinks this Republican is
no less a personage than the Editor of the
Herald, himself, who has taken this mode
of puffing himself—at any rate, the man
who could read that paper carefully, for
eighteen months and could not sec any
thing ill it but patriotism of the first water,
if he is not a Copperhead, ought to he
one.
Verily.
We would remark for the benefit of the
Citizen and otheis, that our article in rela
tion to the threatened destruction of our
office, was published while the veteran
soldiers were yet in our midst—they wcie
not offended by it. however. The article
I offended such characters as «the editor of
, I ho Citizen.— Herald.
The article referred to above, was pub
lished in the Herald of.the twenty-fourth
of February; tho very day these brave
veterans had to teport at Ilarrisburg.—
The entertainment given to them in this,
place, was on Thursday, the eighteenth
—some of the boys left the next day,
quite a number 011 Saturday, but cer
tainly all had gone on Wednesday the 24th,
the duy they were to report at Ilarrisburg
as already stated. What say the soldiers
themselves? were they here on the 24th
of February? •
To Our lH'iiiocrsilit' Patrons.
Previous to our first issue of the Citi
zen. we called on most of the business ftien
of this place, and inquired of them wheth
er they wished to become readers of our
paper. -Most of them responded affirma
tively. Their names were accordingly put
down in our subscription list. Two or
three Democratic readers have recently
complained of the partizan character of
our paper. For their benefit, we just say,
that the Citizen was always intended as a
party paper. It is the determination of
its editors, however, to avoid all personali
ties—that is, to '• avoid assailing private
character." In social life, as in business,
we wish to know no politics. We have
had favorable opportunities to deviate from
this rule; but we don't believe our cause
will suffer materially by avoiding them.
Should the editor of the Herald continue
his method of assailing private character,
as he seems disposed to, and should the
people manifest a preference for that m9th
od of conducting a paper, we may take
into consideration, at some future day, the
propriety of running a small paper on that
style. We have in our office a small press
upon which the Trump , of former days,
was published, which would be very con
venient for au enterprise of that kind.—
For the present, however, we will forbear
to assail private character, in the manage
ment of the political department of- our
paper. But we wish to have it distinctly
understood, that this is as far as we can
go at present. We believe that the poli
cy of the Democratic party, for the last
fifteen years, has had a tendency to weak
eu the bonds of union that bound us to
gether. We believe that the Organiza
tion at last became corrupt and disloyal—
that is. its organism, as seen in its conven
tions, its caucuses, its official acts in Con
gress ; that it is therefore wholly responsi
ble for our present deplorable position ;
ami believing thus, we mean, on all fitting
occasions, to express our sentiments, and
refer to the proof of what we say. If
this course should be distasteful to any,
they will be at liberty to withdraw
patronage from us.
We feel much obliged to any Democrat
who, from good will to us personally, or
from any other cause, has become a reader
of our papftr, but it is too much for us to
expect men who believe such men as Sey
mour and Vallandigham to be patriots, to
have patience enough to read the Citizen.
I'or the benefit of all such, therefore, we
wish to say, that if they have became
readers of our paper underany misappre
hension as to its political character, they
can call at our office and notify us of the I
fact, and we will, in all gooil nature erase
their names from our subscription list, feel
ing as well towards them in the future as
ever. A canvass is about to open which
we believe to be the most momentous ever
entered upon in this country. One involv
ing no less than the unity o# the Govern
ment. In this canvass we expect, in our
humble way, to take an active part, un- j
trammeled by any personal influences; hav- |
ing only in view our duty'toour countrv 1
and to mankind; and our exertions, weak j
as they may be, shall be in behalf of the j
unity of the one, and the elevation of the
other. ,
The Homo Guards.
The lleruld seems-still to be uneasy for j
its safety, and is therefore making great j
efforts to stir up its •" Democratic fuiends" |
in its 'behalf. It would fain have the peo
ple believe that the American and Citizen, !
are both laboring to bring about its des- j
traction. The American can speak for
itself, for our pais, nothing is farther from
our desire, than to see the property of that
establishment injured- For this reason
we avoided saying a word 011 the subject
while the veterans were at home, and only
referred to it afterwards,because we tho't
it was both cowardly and mean in it to re
fer to the matter as it did, after the boys
had returned to duty. Certainly if any
journal in this place has beefi the means
of'endangering the safety of private prop
erty, it is the Herald , who thus meanly
announced that it had put its property in
a state of defense. But whatever may
have been its peril, we think it ought f#
feel safe now, as the Democratic Conven
tion ha/e resolved themselves into a home
guard for its defense. Its continued ner
vousness brings to mind that passage of
Scripture, which says: " The wicked.(l6e j
wheu 110 man pursueth."
Mr. Clince'st Letter.
NEW YORK, March 10.—The Post pub
lishes the following letter:
WASHINGTON, March 5, 1864.
My Dear Sir: fn reply to a friendly
letter from you, I wrote you briefly not,
long ago about the wishes expressed by
many that my nauie might be favorably
regarded by the people in their next
choice of a President, and closed by say
ing that should our friends in Ohio mani
fest a preference for another, I should ac
cept their decision with the ready acqui
escence due from one"who has been al
ready trusted and honored by them be
yond merit or expectation. The recent
action of the Union membersof our Leg
islature indicates such a preference, and it
becomes any duty therefore, and I count
it more a privilege than a duty, to ask that
no further consideration be given to my
name. It was never more important than
now that all our efforts and all our ener
gies should be devoted to (he suppression
of the rebellion and the restoration of
order and prosperity TO the solid and sure
foundation of fteedpra and impartial jus
tice, and earnestly urge all with whom my
counsels may have weight, to allow noth
ing to divide them while this great work,
in comparison with which persons and
even parties arc nothing, remains nnac
cjmplishc I.
Cordially your friend,
S. P. CHASE.
To-lion. Jas. C. Ilall, Senate Chamber.
6a) The Democrats nre rapidly taking
a stand upon the questions of the tlay
•professedly in harmony with the proceed
ings of tlie great .Union party of the
country. The motive is obvious. The
last speciuiPn we clip from the World. —
Spcaking<jjf the special election in New
York on Tuesday to decide upon the con
stitutional amendment allowing soldiers
to vote, the editor uses language which
reads like a paragraph of the Tribune :-r-
" OI K CONSTITUTIONAL ELECTION TO
DAY.—The citizens of New York who
have not gone to the war arc (titled upon
to vote to-day whether their fellow citi
zens who have gone to the war shall have
•the right to vote as New Yorkers while
absent in the field. The proposition cov
ers an amendment to the constitution, ;pd
if the people say so the constitution will
be so amended. We presume that the
question upon this vote will be, as it ought
to be. uearcr to a unanimous vote tjian
that of any election in the history of the
State; but the stronger the popular en
dorsement of our brave soldiers the bet
ter. Let them have a rousing vote."
•By the way, the Democracy, not satis
fied with stealing our principles, have
adopted our method of disseminatingthem.
They now have a riv#j of Miss Dickinson
in tfte person of Miss Webb, the actress.
She recently made her debut in Brooklyn,
with S. S. Cox as usher. llow long is' it
since the mqre mention of a '• woman or
ator" would have given a MeCleilan Dem
ocrat the.hysterics ?— Pitts. Gazette.
A skirmish took place yesterday,
two miles this aide of Suffolk, between
the enemy and three companies of our
of our colored cavalry. The rebel
loss was twenty-five men; our loss was
ten in killed. Our forces entered
Suffolk this morning after a brief
struggle, and we now hold the place.
The Cioltl 1)111.
We clip the following intelligence from
the Pittsburgh Gazette of the 14th inst.,
from which it will be seen thatthe Sen
ate of the U*nitsd States has passed the
House bill with an important amendment,
giving the Secretary power to sell the sur
plus gold in open market. •
"This bill, which had previously passed
the House, has passed the Senate with an
amendment. The amendment prjvides
that the Secretarv of the Treasurg mty
sell the surplus gold in .market, but,
of course, leaves to his discretion the pro
priety of doing so. The House bill sim
ply gave the Secretary authority to antic
ipate the interest 011 Government bonds
when there should be a .surplus of gold in
the Treasury. The effect of the passage
of this bill, which wassubstituted for Mr.
Stebbins' bill (now practically adopted by
the Senate) was to send gold up to sixty
nine in Wall street. The gamblers thus
proved that the bill passed by the House
was in their interest , and would not relieve
the Government and,the people. This
ypened the eyes of the Senate, and the
House bill was amended as we have stat
ed. The House is expected to reverse its
own action and adopt the amendment.
It is argued that, if power be given to
Secretary Chase to sell gold in the New
York market, two desirable objects can be
attained—lst, be can prevent the gamblers
from widening still further the relative
values of gold and paper money ; and, 2d,
he can at any t.uie, when tli'ere is more
gold in (he Treasury than the wants of the
Government require, obtain a supply of
greenbacks at advantageous rates and thus
add the gold prem uui to the other receipts
of the Treasury. The bill isa properone.
It in effect gives to Secretiry ChaSe the
power to ' bull" greenbacks and control the
price of gold.
To show that this bill was needed to
prevent further depreciation in our cur
rency, Senator Sherman stated the other
day that the gold now in the Treasury j
amounted to over $19,00U,00J, and that tit i
the present rate of receipts there will be j
in the Treasury. July 1,. $11,742,651 in
gold. Of this enormous sum, but $20.-
849,700 will be due and payable on that |
date, and as the banks of New York hold |
$23,175,1)00 in gold, more than $40,000,-1
000 will be lioalded up on July 1, unless j
the power to sell is granted. With $20,-
000,000 locked up in the vaults of the i
Treasury, and the same amount retained
in the New York banks, the gold gamblers
would have tuatters thcirowu way. Spec
ulation would bo king. But, give Secre
tary Chase the power to throw his $20,-
000,000 on the market, and speculation is
at once dethroned. The mere knowledge
of the fact that he can control the gold
market the gamblers from
pushing up gold. The country will have
oatiso to rejoice in the passageof theSen
ate gold bill." #
Tlie Lntc Colonel Dalilgrcn.
Though Colonel LMrie Dahlgren was
but twenty-two years old at the time of
his death, he had already seen considera
ble service. Before the war he held a
position in the navy, and even after the
attack oil Sumpter was offered great in
ducements to enter the rebel service. Of
•course, these overtures were unheeded,
and the young man entered the Federal
army as aid-de-camp. lie served with
General Saxton under Fremont, and par
ticipated in the battle of Cross-Keys, and
after Fremont was relieved from his com
mand was transferred to the staff of Gen.
Sigel. by whfcm he was selected for the
dangerous duty'of scouting with cavalry
for bushwackers who,'led by White and
.Mosby, then infested northern Virginia.
On one of these expeditions Captain Dahl
• gren made a bold dash into Fredericks
butg, defeating a band of rebels in the
streets.
Sigel was relieved of his command too
and Uahlgren was once more transferred
to the staff of General Hooker, then com
manding the army of tho Potomac. At
1 the battle of Chancellorsvilie he fought
] well, and during the rebel invasion of 1803
j performed anamberof exploits as success
ful as they were during. After the bat
j tie of Gettysburg, during a charge into
I lingers town, be was wounded.in the right
foot <fhich Tas afterwards amputated. A
| lew months ago the President appointed
Captain I 'ablgrcn Colonel of the Third
; I'nitedStates Yoluntecrcavaliy,lyid while
| the regiment was organizing be went to
Charleston to visit his father, the Au;::iral.
| Returning through Wash ngtou theyoung
Colonel heard of Kilpatrick's propo.-cil
raid and participated in it—latally, as the
result proved—as a volunteer. And so
closed his short though brave and brilliant
career.— Exchange.
THE VIRGINIA CONVENTION.—ALEX
ANDRIA, VA., March 10, 1 o'clock.—The
following .report of the Committee 011
Emancipation wan passed at 12 o'clock
to-day by the Constitutional Convention,
now in session in this city. There was
but one dissenting vote. One hundred
guns are now beiuj: fired in honor or the
event, and bells are ringing throughout
the city.
Mr. Watson, on Emancipation and Ed
ucation, submitted the following »eport:
Your .Committee on Emancipation beg
IcCve to introduce the following as a part
of the Constitution of Virginia, to be in
serted in the same under the caption of
"Slavery or Freedom."
First, Slavery and involuntary servi
tude except for. crime is hereby abolished
and prohibited in this Sjate forever.
Second, courts of competent jurisdic
tion may apprentice minors of African
descent on like conditions provided by law
for apprenticing white children.
Third, the.general assembly shall make
no law establishing slavery or recognizing
property in human beings.
" 86?" Let Slavery take'eare of itself;
and if it can't, let it take the same chan
ces as all else in rebellion against the Con- 1
stitution.— Pitta. Pout, of d'h imt.
Our neighbor has put his foot in it. Tie
says in the same breath, " let slavery take
care of itself " let it take the eame
chance* as all else in rebellion"—the reb
el army, included, of course—should be
allows ito " take care of itself." Is the
Post man in Tavor of the recognition of
the Southern Confederacy ? — Pitts. fraz.
War News.
From Xewbern X.- CJ
NEW YORK. March 10.—The steam
transport Western Metropolis from £iew
Orleans on the Ist, via Key West on the
oth. arrived here to-night.
Nricbcrnc March 7.—Everything is in
readiness for the reception of the enemy
in North Carolina, whose mysterious move
ments are difficult to understand.
A Kington correspondent of the Ra
leigh Confederate in speaking of the
hanging on the oth, of twenty-three cap
tured soldiers, belonging to Col. Foster's
command, as deserters from the rebel con-'
scription, says : The prisoners were ac
companied to the place of executii n by a
large concourse of people and a strong
military escort. They ascended the scaf
fold with a firm step, and met their fate
with unflinching fortitude and determina
tion. .They asked for no quarters, and
scornfully shunned all overtiyes of con
cession on condition of returning to the
Confederate service. After making their
peaee with their God. they fearlessly pro-,
claimed their readiness to die for their
country, against which they say they have
been forcibly conscripted. Such an ex
hibition of loyalty to the fbig, lias never
before been witnessed. The multitude
was moved to tears, and openly denounc
ed this cruel massacre, which is causing
desertions from the Confederate service
by the wholesale, arid causing indignatiou
of feeling which it is feared will be un
controlable. ,
A conscript deserter who came into the
Union linesat Wash and joined the
I'd North Oarolini vftlun eers, hear th s
officers say that Plymouth was the first
point of attack.
A Union soldier who tecetitly escape 1
Goldsborj prison, informs Gen. Feck tint
agi riot occurred at Ralc;gh on the
occasion of the hanging of the native
Union soldiers at Kingston, and that Gen.
Pieketts troops from that place pa.-sed
through Goldsboro with all possible des
patch to quell the outbreak in that city,
where the stars and stripes were conspic
uously displayed and much violence and
excitement prevailed.
fkltefugees from the inferior bring intel
geneeof the rebels garrisoning the whole
I State of North Carolina for the purpose
' <>f chocking the eonvcntidb movement
] and keeping the people in subjection.—
I It is reported that the rebels intend hang
ing the entire number of soldiers ca[4ur-
I (id by them from Colonel Frost's command
I 51 in number, half of whom, have never
been in the rebel service.
Ira Neal, a drummer boy, 15 years o'd,
who had never been in the rebel service
was among the number hung. The na
tive union troops have taken tlic matter
into their own hands, and have given such
of their officers who did approve the
severe measure, an opportunity to resign,
and giving warning that immediate death
wil be inflicted on any officer who hereaf-»
ter offers to surrender t<» the enemy or asks
for any quarters. •
From Sew Orleans.
NEW YOUK, March 18.—Thesteamship*
Morning Star, from New'Orlesins on the
oth instant, via Havana on the 7th, has
arrived. She brings 1,200 bales of cot
ton.
A part of Gen. Lee's cavalry have left
New Orleans for the Red river.
Gen. Sherman arrived at New Orleans
on tho 2d on the gunboat Diana. His late
expedition is called by himself a big raid,
in the course of which lie reached a point
ten miles east of Mcridau without any op
position worthy of the name,and returned
with 1,100 ifiules, 1,000 contrabands, 500
prisoners and a large amount of supplies.
• Transports are rapidly bringing troops
back from Texas.
Governor Michael Mahn was inaugura
ted on tho 4th with imposing ceremonies
at New Orleans. Gen. Ranks delivered
an address, in which he predicted the rc
| ductionof the insurrection to three or four
j States on tho Atlantic coast I y this sca
i sou's campaign,
I brate has the basis of a century, for we
\ have achieved deeds, of » century in the
' past two years, and so long as the people
j are faithful iHid true to themselves, so
! longiwill stand Louisiana, the first return
I ing State in which every man is a free
j map."
All the j eoplc were in the streets dur
ing the day.and there was unquestionaby
j the si nearest feeding of sa sic on shown
; than on many of them .re bo stcrous day
of secession uialnes in 1801. •
A Hairs in I>eni;:'»rlt.
NEW YORK. March lo.—'llie fo! w
ing dispatches per the Australasian, con
taining important news, were only receiv
ed to-day :
DENMARK— Copenhou/cn, Feb. 27.
Denmark has expressed tlie wish to be ex
cused from replying tuany proposition for
a conference so long as Schleswig is not
evacuated.
STUTTOARD, Feb. 27. —In to-day's sit
ting of the Chamber, liaron Vofl Hugel
said, according to the most reliable infor
mation, that a speedy termination of the
war was not to be expected.
Denmark was firmly resolved on oppo
sing the most determined resistcnce to the
claim of Austria, Prussia and the Federal
diet. Herr Holder proposed that every
facility be afforded to the Government to
enable it by the most powerful measures,
and especially by a union of the middle
States, to bring the national cause to a
successful issue; and further, that the
discussion of the extraordinary credit of
680,000 florins be postponed until the
middle State3 were seriously determined
to act. The military credit was, however,
granted by a vote of 65 against 15.
jjgf In 1861 the Bth Ohio took
with them to the field an eagle, which
has followed them into all their fights,
and screamed wildly above the din of
battle. The brave Bth is now on a
furlough, having re-enlisted, and hav
ing the eagle still with theih they find
no difficulty in filling qp their ranks
with recruits. The noble bird has
been twice wounded, and if he comes
out of the contest the boys intend he
shall be kept at the tajiitol at the
charge of the State.
Interesting Ceremony.
WASHINGTON, March 9.—The Pres
ittont of the United States this after
noon formally presented to Major 4
General Grant his commission as Lieu
tenant General. The ceremony took
place in the Cabinet Chamber, in the
presence of the entire Cabinet, Gen.
1 lalleck, Representative Lovejov,Gen.
Ramlins, and Colonel Comstock, of
Gen. Grant's staff, the son of Gen.
Grant, and Mr. M'Olay, private Sec
retary of the President. Gen. Grant
having entered the room, the President
rose and addressed him thus: "Gen.
Grant, by the nation's appreciation
of what you have done, and its reli
ance upon you for what remains to do"
in the existing great struggle, you are
presented with this commission con
stituting you Lieutenant General in
the army of the United States. While
this high honor devolves upon you,
also a corresponding responsibility
rests on you, as the country herein'
trust you. So under God, it will sus
tain you. I scarcely need to add that
with what I here speak for the nation
goes my own hearty personal concur
rence.'
To which Gen. Grant replied as
follows:
Mr. President: I accept the com
mission with gratitude for the high
honor you have conferred on mo,
and with the aid of the noble armies
that have fought on so many fields
for our common country, it will bemy
earnest endeavor not todisapoint your
expectatiohs. I feel the full weight
of the responsibilities now devolving
upon me, and I know that if they are
met it will be due to those armies,
and above all to the favor of (hat Prov
idence which leads both nations; and
men.
The President then introdnced the
General to all the members of the
cabinet, after which the company were
seated, and about half an hour was
spent in pleasant and social conversa
tion.
IMPORTANT POSITIONS. —TunneI
Hill is thirty-one miles distant from
Chattanooga and one hundred and
seven miles #rom Atlanta. It is in
Murray county, Ga.,wher.e themoun
tains come together, forming an am
phitheatre. It receives itsname from
a tunnel which is 1,477 feet long, 18
feet high, and with a clear width of
18 feet. It is cut, in a great meas
ure, through solid rock, and the ap
proaches to it arc protected on both
sides by massive masonry.
Dalton is seven miles beyond Tun
nel Hill, and is one hundred and ten
miles by railroad from Knoxvillc.
It is the county seat of Whitefield
county, and was laid out in 1846.
Its location is in a fertile valley,, sur
rounded by mountains. Dalton con
tains a steam flour asd lumber mill,
and an extensive foundry. Its im
portance, in a military point of view,
consists in the fact that it is naturally
capable of formidable defence, and
is one of the angles ofa railroad trian
gle whereof Chattanooga and Cleve
land, Tennessee, are the other corner.
The next important places south
are Kingston and Home. Kingston
is seventy-nine miles from Atlanta.
It is a small village on the Western
and Atlantic Railroad, but is impor
tant as being the junction point of
the Rome Branch Railroad. Rome
is located twenty miles from Kings
ton, a little north of west. It is the
county seat of Floyd county, and is
situated on several hills at the con
fluence of the Etowah and Costeduula,
which form the Coosa river. Steam
boats run up from Mobile to Rome.
There are two rolling mills and two
powder mills there.
WASHINGTON, March 10.—The rat
ification of the treaty between the
United States and* Great Britain,for
the final settlement of the claims of
Hudson Ray and I'ugets Sound Ag
ricultural Companies, have just been
exchanged. All questions• between
the United States on the on.' hand,
and the Hudson and Pugets
Sounil Agricultural Company on the
(/her, with respect to the possession,
rights and claims of those companies,
and of an" other British in
Oregon and Wiiobington Territories
are to be settled by tii»> transfer of
those rights and claims to the Govern--
ment of the United State*for an ad
equate money consideration, and it is
agreed that the United States and
her Brittanic Majesty shall within 12
months after the exchange of the rat
ification of the present treaty, appoint
each a commissioner for the purpose
of examining and deciding upon all
claims arising out of its provisions.
REINFORCEMENT FOR THE ARMY,.
—The NY. Evening Pout of "Wed
nesday says:
Tho number of soldiers daily pass
ing from tmd through this city and
'harbor tow; field is constantly in
creasing. Today transportation or
ders have been issued from the United
States Quartermaster's office in this
city to sixteeh hundred soldiers, all
of whom will bo on their way south
to night. Careful estimates, drawn
from the official returns, show that
the number of men provided with
means of transportation from this city
by water and. by land is more than
twelve hundred daily. Including tho
soldiers who go forward on passes ob
tained elsewhere, the weekly aggre
! gate is eight to ten thousand.
5®- Gen. Grant is in command of fop.
ees which occupy a front of nearly fouir
hundred miles.