The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-12-08

From oar Washington Correspondent.
THE COMMITTEE OF THIETY-THREE--No HOPE OF COM
PRoNIsE--vIEws or THE REPUBLICAN LEADERS WITH
REGARD TO THE COTTON AND BORDER sTATEs-THE
TARIFF AND TREASURY NOTE BILL, &C., &C.
WASHINGTON, Dec. Z.
The COMMITTEE of Thirty-Three, which can hard
y be more than committee of thirty one does not
give entire satisfaction, though to speak candidy,
in the present state of public feeling, no possible
arrangement could have suited everybody. Its po-
litical complexion stands thus Republicans lG,
Democrats IA, Americans ., and Henry Winter
Davis, whose inclinations towards an afilia-
ton with the Republicans As neither Boyce, of
S. G., or Hawkins, of Fla, likely to serve, the
Republicans have clear majority, which would
seem fatal to the probability of any report being
made satisfactory to the South or likely to be accept
ed by that section. 1t true there are some men of
moderation and experience among the Republican
members, who have seen much ofpubIic life-as for
instance, COrwin ofOhio, and Howard of Michigan:
but they viii be unwilling to concede the
equal rights Of the South in the Territories, which,
alter all, is one of the main points in dispute The
principal objection urged to the character of the
Committee, is that it does not embrace representa-
tive men. Mr. Hamilton, of Texas, it is said by
his colleague, does not express the feelings of the
people of Texas and Mr.. Winter Davis it is ac-
knowledged, is in a fair representative of
Maryland Mr.. Miles Taylor, of Louisiana, as a
Douglas Democrat, represents the smallest party in
that State and Mr.. Albert Rust, of Arkansas, is
in the category. For these reasons and others
it is the generally expressed opinion, beth OF Demo
Gratis and Republicans, that satisfactory settle
ment is likely to be reached. The Cotton State men
say that their people determined on secession
that South Carolina will be out ofthe Union before
the end of the month, and that Alabama, Georgia
Florida, Mississippi and the other cotton States will
speedily follow They therefore ask for no conces.
sions from the North knowing in advance that that
section will offer none that will prove satisfactory.
On the other hand, the Republican leaders say that
they wish the cotton States out OF their way-that
they will not stOOp inch to conciliatc them The
chairman of the committee is himself hopeless of
favorable result, and undertakes the task only from
desire to be able to say that no stone was left I'M
! turned to save the Union. Even Mr. Crttenden,
and the small band of Union men who rally around
him, shake their heads as physicians do who see a
case is desperate, but are determined to hope
against hope, and do all they can to save the pa
tent. The Senator from Kentucky is doubtful even
OF being invited to the Southern Senatorial caucus on
Saturday; but whether he is not he intends to 90
on, and make last effort to save the Union from
the wreck which seems inevitable.
The Republican leaders view the prospect with
real Or affected indifference. They say, Get the
cotton States go, do not care for them This
is not the language of few ultras like Hale, Sum
ner and Loyeioy, but of those who are the recor-
nized Spokesman and directory OF the party. They
hope to be able however, to prevent the stampede
Of the border Slave States which will be useful to
them and too insignificant to interfere with their
measures and policy. Having rid themselves of the
detested ''Slave power" which has so long cramped
their designs, they will consent to give the border
States fugitive slave law, and even to repeal
their personal liberty bills. They have hopes of
inducing Maryland, Delaware, Virginia, kentucky.
Tennessee and Missouri, to remain in on these
terms and will, further operate to produce this
result by series OF speeches. shortly to be deliver
ed in which the idea of a peacaabe dissolution of
the Union will be pronounced impossible. This it
is supposed, will stil further inlame the cotton
States and alarm the border ones-resultng in Sc
cession on the part of the former and submission
by the latter.
dissolution Of the Union is so certainly calcu-
lated upon here by many that specuatons are rife
as to its probable effect, particularly to the pros
pect of peace or war. 1t is believed that if the
border States join the cotton States, that no con-
test will be made by the North for the present seat
of Government, as its location in so exposed posi-
ton would not suit them. The South, moreover is
perfectly willing to arrange for the payment of its
share OF the public debt, and will make little or no
difficulty concerning the public domain but the
possession of forts, arsenals, vessel of war; &c. but
more especially the control of the Mississippi river
are spoken of as matters likely to lead to difficulty
and perhaps bloodshed. Only the good sense and
forbearance of the two sections, in the event of sep
aration, can prevent serious trouble.
have spoken thus plainly of the present aspect
of things because l know what have said to be
based upon the best information Ii is possible
matters may take more favorable turn, but at
present the probabilities all the other way; and
when imminent dangers threaten, it is better to
look them boldly in the face and grapple with
them, than to ignore their existence or trust bndly
to chance to relieve US of them
Pending the action of the Southern States, bust
ness in Congress will proceed as usual The Morrill,
Tariff Bill, which passed the House last session.
Will shortly be reported in the Senate, and its
friends anticipate its passage, since the revenue
has so rightfuly decreased and the Government is
so rapidly plunging into debt. Besides, two of its
strongest opponents, the Senators from South
carolina, with Mr. To0mbs, of Georgia, and Mr. |
Clay, of Alabama, are absent, while its friends |
nave s"'heu recruit in the person OF Mr.. Baker,
oil oregon For these reasons the passage of the
bill is confidently looked for.
The Treasury being literally bankrupt and the |
m rs unable to get their money, the Treasury
Note Bill, authorizing the issue of $4,000 900 of
Treasury obligations, will be rushed through the
House in doublequick time next week. The bal
ance due on the late loan, will, it is ascertained
with certainty, not be paid in, owing to the terri
BILE denreciation which has fal,an Dlora in Coror,
ment securities since the acceptance of the bids |