New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-18
BIZ TIE SOUTHERN NAIL.
Tic NEGOTIATION 81 the -fs,000.03O Lem
termination OF Gen. Cnss for the Presiden-
cy-Jir. Turpey's Attack upon MIR. Calhoun.
Prem cur own Correspondent
wAurveroN Tuesday FEB. Is.

NAsufNcroN Tuesday. FEB. 10
From what learn have 10 d3gbt that the
Secretary Of the Treasury vii obtain this money
on bis issue Of Treasury Notes to the amount Of
eighteen millions without any difficulty. Money
is. and is to be. plenp-ani who can md better
opportunities Of investment than in T. :. funds
bearing an interss; Of per cent
Everybody here anticipates even during the
continuance OF the War. money in plenty AZ com
mand and if the War close early, suPerauity OF
circulation All arrangements, therefore, all pecu-
mary intentions should be directed under this Sd
visement The horn Of plenty viii be reversed,
and Tor short years 70 come, money vii flow ont
with rapidity.
NJ Secretary WALEFR VIII graduate himself
upon the seemingly prosperous condition Of the
Else To bis own recommendations vanity will as
cribe the present command Of credit The institu-
tioa Of the Tariff Of lsi6 be will demonstrate as
the 5rimum mobile OF easy credits and iacie dis.
counts all the sggomera,ed capital on hand viii
be practicable Of that his prgH
The Secretary may wrap himself in seifcompla-
cence. Ihope his ecstscy viii endure an admins
tration but short must be that administration and
70 give full indulgence 10 his selfgratuatons, its
longest period must be earnestly and assiduOusly
occupied.
A gentleman OF much political information writes
from Michigan It is intended before the adjourn
mens Of the Legislature now in session, to nonin-
ate by a legislative caucus Of Democrats Gen
Cas- to the Presidency and upon the reception OF
this completed determination Gen Cas- will resign
his seat in the United States Senate
We said here. that Gen. CAss is very desrous OF
avoiding n vote on the WuNor Proviso of which
lis friends in the lower House could no. or did not
prevent the passage He is placed in a disagree
able dilemma. If he votes for it in the Senate he
Gains no strength 40 the North. and loses the little
he has in the south IT, on the contrary he votes
against IL he will be denounced al the North end
ridicnled NJ the South What then should be his
conduct Bolt or dodge the vote, and reconcile
bv such evasion conflicting interests lie has not
the colrare TO dare IT, nor the ability 20 accomplish
il This Is worse than a Texan issue. forced upon
him. He cannot be Janus iaced-look south and
North az the same time. The only alternative lett
him must be to resign his seat. The nomination
from Michigan is promised to be 50 opportune as
to give him excuseabe occasion for resigning be
fore he be called upon 20 vote upon this most i'm
uortapt ouesti0n Dolicacv. borrowed for the pur
pose viii compel him, candidate TOR the high OF
ice 10 which he IS nominated by his own State, 70
relinqnish position. his continuance or course m
which might subject his actions or motives TO mis-
Interpretation. So. I am informed the programme
is arranged let us see II the performance does il
Justice.
Mr. TuRSFY the IThig.eiec'c Democratic
Senator from Tennessee, IL will be recollectsd
CHARGED Mr. CALHOUN with the intention 10 EN-
barrass the Administration because he voted
against the nomination OF Lieut.. General IL
must also be recoll ected that Mr. TURNEY himself
on previous Administration measure the making
ten regiments Of regulars adopted the opposite
course and advocated strongly the Volunteer sys'
TEN. he knew because he was advised, the whole
time that in doing 90 he offended the Executive
policy. The only inference the collection OF these
facts warrants-an inference strengthed by cor
robOrating circumstances, lis the assumption that
Mr. TURNEY was designedly selected as the iustru.
nent OF the Administration for its long premedita
ted onslaught upon Mr. CALHOUN. Mr.. TuRSEY
might be supposed nothing 10th 20 undertake the
initiative IN this affair because rumor hes made
him q long time sincerely anxious 10 atone by some
manifest act of devotion 10 the Executive his
hiihert0-uni0rgiven crime Ia succeeding 10 seat in
the Senate IN opposition % that Executives nOmi
nee
The attack upon Mr CALHOUN VIII not be pre-.
termtted Experience has taught n certain sec
tion Of the Democratic party no lesson. The scenes
OF ten years since viii be renewed aud now, as
then it will be attempted TO ostracise the South
Caronian. The face and arriere-iace OF the party
will be summoned 10 oppOsr him. am doubtful
OF any other than former termination OF ell such
hostility.