New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-01-26
FROM WASHINGTON CITY.


Treasury to-day opened the bids for the remainder of
the $40 900 900 loan authorized by Congress
last The whole number of bidders was forty.four,
the bids ranging from to A per cent. premium.
WASHINGTON, JAN 25-In the House, yesterday,
Mr.. Branchs bill reported. Itappropriates thirty
millions to enable the President to settle the difficult
ties with Spain, including the cession Of Cuba.
The majority of the Committee on Foreign Affairs
say they hope the law of selfpreservation will not
oblige US to take Cuba without the concurrence of
Spain, but if so, then the adoption of summary
measures will be easily justified, after having
offered Spain full equivalent for the Island.
WASHINGTON, JAM 25-The report of the Com
mittee Foreign Affairs, to which Mr.. Slidells bill
was REFERRED was presented by Mr.. sldel yesterday
1t urges the acquisition as national necessity and
favors the proposition to place means at the disposal
of the President for the purpose Of prosecuting nego-
tiatons with Spain for the purchase Of the Island.
The report quotes the opinions Of Jefferson,
Adams, Clay and Van Buren,.
1t quotes Mr.. Buchanan's sentiments, as expressed
in dispatch to Saunders; ex.Secretary Everetts
opinions in his dispatches to Sartges, the French
Minister and Secretary Marcy, in his dispatches to
Soule while Minister at the Court of Madrid.
From these authorities and arguments, the report
continues, it appears that the ultimate acquisition Of
Cuba is inevitable. The only difference is as to the
time and mode and the conditions Of obtaining the
| island. 3
In reference to the danger Of clothing the Presi-
dent with powers to negotiate for the purchase of
Cuba, the report says As to the danger of such
powers being granted, the Of louisiana Florida
and Mexico are illustrations of the fahfuness and
advantages derived from such course.
As to Spanish pride the world has known for years
our desire to possess Cuba, and the steps we have
| taken to secure that end.
| We now say to Span your distant possession is
held by precarious tenure. 1t is indispensable to
us for the protection of our commerce; and the
island, from its position population and government
may at any time lead to rupture, to the regret o
both nations.
1t yields you net revenue not equal to one-hun
dredth part of the price we offer you.
Should European war occur, you would become
involved, the Cubans would declare their independ
ence.
The report further says that Minister at Madrit
will not broach the subject Of the purchase of Cub
until he believes it will be favoraby entertained.
The report apprehends the emergency when Spail
may need money, and will then accept our proposals
1t says the President would not acquire Cuba ex
cept by honorable means, but exigencies may aris
winch may compel w u tdke Tue 1Slauu uuueE I'll
law Of selfpreservation.
The report proposes to give the President means,
required, and unless means are provided, the Pres
dent will consider that we do not desire the acqus
tion.
WASHINGTON, Jan. 25.-House-The PostOfic
Committee was discharged from the further consit
Grafton of the memorial Of Charles Butterfeld, pray
ing for the establishment Of line Of steamships b
Y tween the principal American and Mexican ports i
the Gulf Of Mexico.
A similar disposition was made Of BECKER and a
sociates' petition for line of steamers to Sout
America.
D John Gardeners memorial for the establishment
line of mail steamers to the West Indies was laid
the table.
Mr.. English reported bill to abolish the frankil
privileges, etc.
, The Civil and Diplomatic Appropriation bill car
up. Hopkins offered an amendment to it, appprop
ating $500 for the salary Of the Minister at Japa
The amendment was adopted.
WASHINGTON, Jan. 25-Senate.-The discussion
sdell's Cuban report was assigned for next Mondt
Senate-In the Senate Mr.. Fitzpatrick was I
pointed President pro tenn. during the absence
y Vce.President Breckinridge for some days.
A resolution was adopted asking for the corr
pondence between the Government and Mr.. Nuge
the special agent Of the Government at Vancouve
Island.
The Pacific Railway bill was again under conside
ton.
o. WASHINGTON, Jan. 25-The report Of the &c
4 mittee on Foreign Affairs, which was presented ]