New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-19

"A ever, ,s,oc o. b,less thai tee AtuihstrsSo.
viii NEST "a the vote, 40 oreered ~ toe Coaveu.
ton. IS there is 10 krow test emisssnes haVs
been already dispatched tAsrs 70 saPsnnte1d
toe election, and TO invoke the AID d TIE tnIi'sy
neoessary Ii two sets OF returns be sect aere-oae
for Lecompton and the other for Topeks-s DIVISION
Of op'ion will ,nsue among those who cusht TO SCI
upitedy, because the fact not 10 be disguised taaI
the topeka Constiiutiou VII not be sustained BY
cas of Democrats who are opposed 10 the Lecomp'
tor. They cannot be persuaded OF driven into ~
support. Ii IT, therefore, obvious that betore the
issue il made up some line Of paicy Should b.
defined, which viii command tie cordial CO.
operation Of al those who are STRIVING to attain the
same ED.
TWAS believed in Court circles that octhing more
than the form of nominating Nathan Clifford VAS ne
cessary to make him Judge OF the supreme Court.
Some of the Kings friends were, therefore, little
sstonished to-day, when the nomination Was csled
I'd, 10 iud objection made ~ immediate seton. and
we're compelled TO yield to postPonement. IL Demo
cratic Senator'S would vote upon their conuctoas up
and down the result would not be doubtful, because
the impression is as decided with them IS with
Others, that Mr. Clifford is not equal TO the posl
ton. His professional standing at home never wsr'
ranted such an elevation, and surely the reputation
which be left a. Attorney General here contributed
little to establish claim for so responsible sad dig
nfed q trust. He will succeed Curtis probably,
but in the way thst.nisht succeeds day.
At last the Treasury has freely confessed its emp
tDess and the stern urgency OF being supplied with
means, without which suspension becomes newt
able. The bill introduced BY Mr.. Hunter to-day 10
practically for Treasury bank Of issues, and for
nothing else. He proposes 10 authorize not more
than twenty millions OF notes 10 be kept in clrcus-
ton. on ak millions of which the rate of interest
shsH be fixed by the President and Secretary, while
the remaining fourteen are TO be awarded 10 the
best bidder These notes " bear interest for year,
and be redeeuAble upon sixty days nstice from me
DEPARTMENT to b. II ceivabe for public dues, and ~
be reasonable at discretion Except IN the single fsct
Of carving years interest," they are 20 all nteots
and purposes Just like other bank issues, and wi
be used as such. No provision was made br funding,
a. Was urged by Leading BANKERS IN New York because
that privilege would have at once withdrawn the
whole amount from circulation, and converted II
into a loan. Now, while il is only right that the
Treasury should be protected against dshonoT, the
policy OF granting this indefinite power OF keeping
twenty millions turning as fast as paid In may well
be doubted. II this or larger sum be needed 10
supply the deficiency in the revenue Tor the present
iscsl year. it ought to BE- granted but the majority
who are in power are entitled to assume the whole
responsibility and should be held to the exact extent
of their necessities. The purpose OF this Ingenious
invention is 10 avoid asking another issue Of notes
which is felt 10 be required, unless the solicited dis
cretion is given, notwithstanding all the sangune
hopes of reyiyne commerce expressed in Mr.. Cobb 9
report. The urgency of the Treasury was made
arked by the attempt of Mr. Hunter to force the
bill through upon presentation, and without PRINT
ing. Mr. Simmons properly objected to such pro-
ceedng, when an enormous issue ct Government
paper was designed. Still they have force enough
to carry it through tomorrow, unless the opposition
make determined fight which may BE- headed BY
Mr. Bell, or some Senator like BIN, who Is disposed
to hold the Administration to account Tor this extra
ordinary demand upon Congress at the very outset
of its career, and after coming into power with a
surplus on hand of twenty millions INDIA.