The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-12-11
From oar Washington Correspondent. I

THE SENATORIAL CAUCUS BETTER FEELING-PEpT-RT
CAN SENATORS DISPOSED TO COMPROMISE SENATE
hAhh EXPLAINS DEBATE IN THE H0UsE-ME
oichLhS FOR THE SECESSION OF NEW YORK CITY
PASSAGE OF tbs TEN MILLION TREASURY NOTE BIZ
-MoDtFIED PLAN OF SECEssION-oPINIoN OF SEN
AToa PEARCG-RUMoRED PLANS OF COMPROMISE
RESIGNATION OF Mr.. C0BB-pRoposED ADJorRy
ASNr OF TWO WEEKS, &c, &c
NAsHENGToN, Dec 10.
Inc caucus OF Southern Senators tbouoh mat
tended with definite results, has established bette
understanding between the cotton and border sIav
states, ana has, to some extent, modified the ton
OF the former, as was observable to-day in the nro
tracted debate on PowelPs resolution for the an
polntment OF Select Committee of Thirteen. Boil
Drown ana Davis, OF Mississippi while deeming
satisfactory solution of the existing difficulties i'm
prooaole, were yet willing that the experimen
| should be made. But the most hopeful sion wer,
the indications Of a disposition on the part Of Re
Puphcan Senators to make concessions
MeSSrs. Dixon and Foster, of Connecticut danbt
less moved by the great distress prevailing in tbe
Manufacturing State which they represent, made
Speeches OF highly conciliatory character. as
also ala Mr.. Collamer, of Vermont one of the most
experienced and able of the Republican leaders
Ills colleague, Mr.. Foot is still more conservative
ana was complimented last session bv Jefferson
DAVIS, IN his great speech in reply to Douglas bv
Tue remark that of all the members on the Repub.
llcan side, he was the only one whose elevation to
the Presidency would not be regarded by the South
as dangerous to her institutions. Even the bolster
Gus hale thoughtit well to correct the impression
"hien ms late speech created, and like a good
many otuer puohc men, who sometimes speak
faster than they think, he sadded his own blunder
upon the back of that patient and long -forbearinp
race-the reporters. He expressed high indiena.
tion at the misrepresentation which had appeared
IN the public journals, and explained that he had
merely endeavored to point out the dangers of So
cession-that nothing he had said was meant as a
menace and that no one, more than himself was
opposed to resort to arms
The debate, as have said, was earnest and pro-
tracted' and was participated in by the Senators
mentioned and by King, of New York, Powell
Benjamin and Others The effect on the whole was
good, and the friends of the Union were in better
spirits to night than at any time since the COM
mencement OF the session. Tomorrow the consider,
ation OF the resolutions will be resum ed and unless
soine iil-adVlsed speeches should be made to renew
Tue excitement, will pass without serious opposi-
'on' wade OF Ohio will speak Tomorrow.
Inc ueoate IN the House on the motion to excuse
ha"hlns was not acrimonious, being confined en-
urely TO the Democratic side, the Republicans
maintaining the utmost reticence with nrovoca-
'"h "hlch, under other circumstances would have
ura"n out angry responses Hawkins at great
lehgth explained why he could not serve on the
committee OF Pacitication, and ValIandigham. of
ONO, and McClernand bitterly complained that in
It's constitution the Speaker had entirely ignored
the Northern Democracy. Sickles spoke nearly an
hour, declaring that if secession took place the
city OF New York would never consent to he the
slave and appendage of Puritan fanatics. but would
assert her Independence and open wide her gates
as Tree city to the commerce of the world
Mt. Sherman finally cut short the stream of
eoquence that was about to flow by calling IN and
inducing the House to pass the bill for the issue of
Slo,ooo,o 900 OF Treasury notes. Mr. Morris, of II.
linois, got up his Union resolution, pending which
the House adjourned.
As the motion to excuse Mr. Hawkins has not
vet been acted upon, Gov Corwin will probably not
call his committee together for day or two.
learn that it was the opinion of all the Southern
Senators in caucus, except Mr.. Pearce of MARYLAND.
(who thought they would await General Conven-
tion,) that the cotton States would secede before
the incoming of Mr. Lincoln, but in such yav az
not to bring about immediate collision with the
such deporabe result consists in the quiet with
drawal OF the cotton States from the Union. leav
ing the border slave States behind to mediate in
their behalf with the Government. In the
meantime the seeding States will permit the reve
nue. to be collected, the mails to be carried. &c.
under protest. If the border States do not sue
ceed, after reasonable time. in obtaining tho do
slred concessions, then secession will be carried
reliable source.
1t is not true, stated, that Mr.. Benjamin. of
Louisiana, took strong Union ground in the late
caucus. His position does differ materially from
that of Jefferson Davis, was evidenced by his
speech to-day.
Another report that Lincoln had telegraphed to
Jefferson Davis that he would shortly write
letter, which would prove satisfactory to the South
is equally destitute of foundation.
There a statement going the rounds to-day
that Mrs. Anderson, the wife of the commanding
officer at Fort Moutrie, had personally solicited
the President to send additional troops to that
fortress, which is in weak condition, but that
the President in pursuance of his policy not to do
any thing to add to the excitement in South Caro-
lima, had declined to accede to the request.
Messrs. Miles, Mcqueen and Bonham, of the South
Carolina delegation, had private interview with
Mr.. Buchanan; it is supposed in relation to the
secession of tie State they represent, and the pos
session of the public property within her limits.
Messrs Corwin, oc Ohio, and Kellogg, of Illinois,
each have propositions to make before the Pacitica
tion Committee looking, it is supposed, to a recon-
struction or amendment of the Constitution.--
Mallory, of Kentucky, advocates the restoration of
the Missouri Compromise line, which some Repub-
licans assent to upon the condition that rule shall
be established that more territory shall be
acquired except with the consent of three-fourths
of the States.
resignation to the President through the first
Comptroller of the Treasury. He will leave
Immediately for Georgia to take the field in favor of
secession. The President has not determined on
his successor, though Postmaster Holt, on account
of his business qualifications, is strongly urged.
The Republicans are at work fixing up Mr.
Lncoln's Cabinet judd the chairman of the Illinois
Republican State Central Committee, arrived here
last week, direct from Springfield, and after an
with Senator Trumbull, the latter pro
ceeded in haste to New York, to consult the
Republican managers there. We shall have an
inkling of the new Cabinet in a few days.
Itis not true, stated in some journals, that the
Southern members of the House have been paid in
full by the Sergeant at -arms-ony 500 have been
paid to each member from all the States Many
Northern members favor an adjournment of two
weeks, to permit members to return home ard
spend the holidays, as well as to confer with their
constituents, after representing the serious condi
tion of public affairs to them. OBSERVER.
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