New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-01
THE LATEST NEWS,
RECEIVED BIZ
MAGNETIC TELEGRAPH.
From Washington.
Special Dispatch 10 The N. Y. Tribune.
WASHINGTON. Friday, Nov. 30, 1860.
THE PRESIDENTS MESSAGE.
RECEIVED BIZ


The Cabinet held session Of two-and s-haif
hours to-day on the Message. The President
has modified some Of its features in regard IN
| the right of secession in order to avoid direct
| rupture with portion Of the Cabinet, but pre-
serving the main position. Ii viii now be
| printed immediately, and distributed 10 the prn-
| cipal cities, with the departmental reports a.
lastsy year.
THE RESIGNATION or Mr.. COBB
If Mr.. Cobb resigns, IA expected he vii
place his withdrawal on the ground that Georgia
| requires his services in the State Convention on
the 10th of January, which is to shape her fu-
ture relations to the Federal Government He
is urged to this course by friends, who contend
that unless he takes part in that movement hs
will either be ignored in the future entirely or
be forced into secondary position by the promi-
nence of others. He will endeavor to lead tho
secession scheme, attempting to justify his present
position as contrasted with that of 1851, by as
suming that cause for separation exists.
Mrs. Cobb and family will leave for Georgia ca
Monday evening, but only in accordance with
previous arrangements, and for domestic reasons.
MEssRs. FLOYD AND THOMPSON.
The Presidents friends maintain now that no
sufficient reason exists for the withdrawal u
Messrs Floyd and Thompson even if Mr.. Cobb
should resign as anticipated, and for the reasons
assigned, unless called by their States in the
same manner. They will confer with their Con
gressional delegations before finally deciding.
THE TREAsURRR's REPORT.
The Message will not be delivered to Congress
until Tuesday.
Mr.. Cobb's report is nearly ready. His great
point of embarrassment is in estimating the re-
sources for the ensuing fiscal year, and the re-
ceipts of the next six months. The intelligence
from commercial circles in New-York is extreme
ly discouraging as to Spring imports, and the
present political monetary and business derange-
ments render all speculstOns for the future UNI
certain. If the remaining portion of the loan.
which was extended to the 22d of December, be
paid in when due, the Department can contrive
to work along until relief be obtained from Con-
gress. The pressure for redeeming Treasury
notes is somewhat diminished, which affords a
comparative relief, and will enable the Secretary
to meet accruing obligations for several weeks.
Meantime, the gates are shut down on all de-
mands that can be postponed at discretion.
MEssRs. Chestnut AND HAMMOND.
There is no reason to suppose, notwithstand-
ing the telegrapbic announcement, from Charles
ton, that Messrs. Chestnut and Hammond Will be
in their seats Both Internationally resigned,
and would have to be re-appointed. Mr.. Ham
mond has sent here for his accumulated pay.
The South Carolina delegation in the House
will probably attend as they may desire to make
q final flourish on the national stage before re-
tirement into local obscurity.
THE TREASURY.
The following is the weekly statement
Receipts 81 Drafts issued... 223s3Il 10
This margin is only about one-third that
necessary for the smooth working of the De-
partment In addition, there are about $780,
coo, subject to the call of the Secretary. but
rarely drawn upon, applicable to mint purposes.
ARRIVAL OF MEMBERS.
Members are beginning to drop in. Mr.. Doug
las is expected tomorrow from the South.
To the Associated Press.
WAsHISGToS, Friday Nov. 80, 1860.
The State Department has received dispatch froun
Minister Ward stating that England and France have
concluded treaty with China. The combined forces
had advanced TO within twelve miles Of Pekip. The
IS hnf