The Abbeville banner. [volume] (Abbeville, S.C.) 1847-1869, 1848-03-01

Resolred, That we deeply sympathise
with the family of the deceased, and that
in token thereof, acopyof these proceedings
be forwarded to them. Also,
Resolred, That these proceedings be
published in the Abbeyille Banner.
X. VANCE, Sec'ry.
p JONES, Chm. ,. - -
Correspondence of The Charleston Courier:
WASHINGTON, FEB ls.
The Loan Bill passed the House in the
form proposed by the Whig majority.
The vote onthe final passage was 1872 to ] q:
There was close party vote on Mr.:
.M'Kay's substitute, which gives the Secre.S
Itary the alternative of issuing Treasury
Notes. The su bstitute, after striking out
the tea and coffee duty, was lost in Com
jmittee by only one vote. The vote was
very fullone two-l04 to los. There is
not the least doubt that the Senate, not
swithstanding the opposition of Mr.. Bentor,s
will adopt the pk,n proposed by Mr.. Walk,
er--that is, giving the Secretary the option
ofissuing stock Oh fundable Treasury Notes.
The House will then yield the question.
There is no doubt that the loan will be ta-
ken, and that the stock will be preferred by
capitalists to- the Treasury Notes; but the
Treasury Notes which are passable, will be
a convenience 10 the government and TO
the business community. 1t is certainly
strong evidence of the credit of this govern
ment, as Mr. NicoI, of New York, said the
other day, that the Treasury Notes have
remained at par, or but a shade below it,
while the best individual notes in all the
Atlantic cities have been sold at discount
OF one and a half, or two per cent month
The Senate has again adjourned over to
Monday, without taking any question on the
Ten Regiment Bill. Indeed, no one seems
TO care much whether it passes or not.
The House is quite ready to take up the
discussion when the Senate shall be tired of
1t. The House will want to consider it be-
fore they reject 1t, as they will do. They
certainly intend to do the administration
that service-and Gallatin says that he
verify believes it to be the best service that
could be done for it, TO defea, that measure.
Mr.. Clay, Mr.. Evans, Qate Senator from
Malne,) and number of other distinguish
ed visiters are here, and they and nearly
all other public men, are almost every night
assembled at some social or convivial meet.
ings The cares Of State never sa, more
lightly than they appear to do now on our
statesmen.
The sentence of Lieutenant Colonel
Fremont may be presumed to be very harsh,
viz: to be cashiered What the President
will do remains to begseen.
:. In the Senate, Mr. Atchison presented
petition from United States citizens in the
Wyandot nation Of Indians, asking reduc
ton of newspaper postage.
Correspondence ofthe Charleston iNe,os.
WASHINGTON, FEB. 2I.
Peace RUmors-A Project at last, and mo
mistahe-A sc-ne en- Chwrch-My.
: Adams, Of Massachusetts, -Erciteneat-
HIS Illness, &c.
Mr.. Frainer, the " Mustang'' correspon.
dent of the New Orleans Delta, arrived
here yesterday from Mexico, bringing with
him project OF peace, signed by the Mexl-
can Commissioners on the one part, and
General Scott and Mr.. Trist OF the other.
We are offered the Rio Grande as "a bound.
ary, including New Mexico and Upper
California, in consideration of paying fifteen
millions of dollars and assuming the debts
due by Mexico to our citizens. Twelve
thousand American troops are to remain in
Mexico to enforce. the treaty, if made
These are said to be the main features of.
the propositions.
3 AS to whether the President will consent
tosa treaty on these terms, there is diver.
sity of opinion. Some suppose he will
pursue the same course on this as he
did on the Oregon queslion-endeavor to
throw the responsibility on the Senate.
Others thinkthat he will recommend the rati-
tication outright, and that the Senate will
positively assent. However, as we have.
been SO often deceived, ,on the subject Of.
peace, it may not be wise to put too much
confidence in present Indications, a al1hough
there ss, s,to.day, atttree o'clock, almost a rene,
raj belisf that aoc aoikl lsaDe peace 53s
81 know that j. has been, objected that
Mr. Trist had no official power TO goiiates
q treaty, or, eyen5jto listen5to proposals, and
there is;no doubt that the Administration
took this vie ", and sent word TO our Gene.
falinsg ghieft drive VT. srrist out of. .Mexi-a
coz Thisagas two weeksgago, but since since.
Influences hare been at work upon Mi, Polk,
;Who does NOT now consider NJ Il. Trist so