New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-05
FROM FLASHING
ldeace Of The n. Y. Tribune.

4
to have their own way tomorrow, they will bring
in resolutions arragning Captain Paulding, and
perhaps take dash at the Message besides The
more prudent of the Southern men are disincned
to any rash demonstration, and prefer a call from
the Committee on Foreign Affairs, which will
enable the President to lay the whole case before
the House, with whatever justification he may pro-
pose They know very well, for the assurance has
been given In tangible FORM that the Administra-
ton and the ultra interest in the South are only
separated bya matter of form-that both aim at
the same end but seek to accomplish it in differen,
modes The extremists are for repeal Of the
Neutrality laws, expeditions and conquest. Mr.
| buchanan, on the other hand, ia for diplomacy,
discretion and acquisition. A time may come when
1t viii be convenient to find for quarrel, and
to prepare the way for that contingency, professions
| of hostility to unlawful crusades may be useful
now. Let every careful observer stick pin in that
point Of the Message which refers to our relations
with Spain in order to appreciate the force of this
| suggestion.
| Cuba is the great object Of ambition with the
| President and he does not affect concealment in
| contemplating that acquisition as the means by
| which his name is to be transmitted to history.
But he differs wholly with those who think that the
| benign and cvilizng influence of Slavery may he
extended by fibustenng expeditions. Experience
| has shown him the peril of such policy beside
disclosing chapter OF consequences to he entaled
| in attempting to apply it on the scale which reck-
less adyenturers would undertake. Hence he ia
not willing to risk even remote chance for Cuba
by encouraging desperate and hazardous enter
prise against Nicaragua. And in this view he is
sustained by the more sagacous managers OF the
South.
While it is true that the arrest Of Walker has
excited strOJg feeling of mingled sympathy and
resentment here that feeling is rather identified
with the cause than with the man. Leading
Southern members are free to condemn his qualif
cations and quite willing to see the mantle which
he has assumed transferred to more competent
shoulders. They openly question his civil capacity
and his military attainments to conduct such an I'M
dertaking, and believe it to have been damaged by
his intrusive championship. Accident has given
him temporary consequence, of which he will be
Invested as soon as the furry has passed, and that
will be whenever his claim for indemnity comes to
he overhauled and the test applied.
Let it not be said that the Administration is M
grateful for the patriotic devotion of its friends
Mr.. Rice Of The PennsyIpanian, who has 30 Loyalty
carried the concern on his broad shoulders, was
awarded yesterday the printing of the Post Office
blanks. This is considered one Of the most delicious
of official dainties, aud the select circle which used
TO gather around our dear"-I was going to say
GepdrtcU-f l1nlOTt HSu al dt Duloio
of figuring at the exact profits in dollars and cents.
1t might be trihe of fve-and.twenty or thirty or
more thousands, according to the easy virtue of
those in power.
The last move of Che political spectators in Kan
sas including some of those who profess desire
to see it Free State, is to take the LecOmptOn
Constitution, strike out the clause limiting amend
ment, and then submit it to popular vote. 1t is
commended that this plan would practically attain
the object sought by Judge Douglas, and by giving
the power of framing q new Constitution to the
people obyiate the objection which exists against
the present contrivance. These charlatans forget
that the people of Kansas in their might and maj
esty, are pledged against that LecOmpton affair in
whatever shape it may be presented. The very
name stnks in their nOstrls. 1t is useless at this
day to patch up compromises. The memory of the
last has risen up in Judgment against any further
experiments. No deusOn of words, no quackery
of for N, no emOient of ingenuity, will sOOthe
heal his bleeding wound, which gapes more widely
and CHASTITY than the FIVE which Mr.. Clay held up
with so much effect to the plying gaze OF an eX-
cited country only seven years ago. The broad,
palpable, inevitable and memorable issue has to be
met squarey and neither artfice nor dexterlty can
avoid it. Therefore, it is useless to try pasters
when surgery alone will serve.
1t appears that the Treasury has thus far OBJ
tanned little relief from the law which was to confer
such sudden benefit on it and the country. when
the Secretary directed certificates to be gwen Tor
deposits of gold, to be replaced by the new notes
when issued, bearing interest from the date OF de-
livery, it was supposed the greater part OF the Six
millions would be taken without difficulty. This
opinion was founded upon offers made before the
bill passed. and upon then belief, too, that there was
abundance of capital willing TO seek such an invest
ment. Thefrst intimatOn to the contrary was com
municated to Mr.. Cobb, by information that capital
lists would not take the notes at less interest than
i 10 HnnlIn
| terms and fixed three. The consequence has been
that banks and bankers have refused TO deposit gold
| and now demand a rate of five and twO-fitths per
| cent as an inducement to loan their money. Dir.
Cobb considers combination has been formed, ana
means to resist it to the extent of his power, by
paving out the notes to disburslng agents all over
the country, who will receive them for public debts,
and refusing to raise the interest on the ak millions
subject to his discretion until these officers reject
| this means of Liquidation. Some of them have al
ready sgnifed their Willingness to accept the notes,
| believing they will be useful for remttances, and
| convenient in the purchase of lands. Six hundred
thousand dollars due Congress will be settled IN this
| way. In such contest, with hosts OF creditors
| anxious for payment N any torm the Governments
| in likely to beat the banks.
| The Secretary does not propose to advertise
proposals for the whole remaining fourteen millions,
which the law requires to be awarded to the lowest
bidder-that is 10 the lowest rate of lnterest-but
will probably only offer six millions at first, and dis
| pose of the rest according to the wants of the
| Treasury. The new notes will hardly be ready be-
| fore ten days or fortnight.
Persons intending to visit Washington during the
| Winter NAV be Interested in knowing the arrange
ments for official courteses. The regular cvees OF
| the President will be held on every alternate Tues
day evening, closing at 10 o'clock. Miss Lanes
receptions will take place every Saturday morning
The weekly dinners at the White House are as