New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-05
THE LATEST NEWS,
RECEIVED By
MAGNETIC TELEGRAPH.
From Washington.
Ia, Dispatch to The N. Y. Tribune.
WASHINGTON, Tuesday, Dec. 4, 1860.
THE PRESIDENTS MESSAGE.

THE PRESIDENTS MEsSh6h'
The Message turns out substantially as fore
Swallowed in my dispatches Its weakest point is
| that discussing Secession, which the President
modified to prevent a rupture in the Cabinet.
Both parties are dissatisfied with its declarations
| and suggestions and the utter failure to recon
Gle its Himsy conclusions with the premises, is
much commented upon. The manner in which
the duty of the Executive is indicated in certain
| contingencies and the indecision and hesitation
expressed as to the performance of it., show
clearly that he is unequal to the exgency, and
will evade any real responsibility.
MIR. CLINGsAN's SPEECH.
Mr.. Clingman's attack upon it produced no
IMPRESSION and the quick aud happy retort of
Mr.. Crittenden quite extinguished that perform
ance. especially when he asserted that there was
great hope of an extricatiOn from present dan
gers.
THE TREASURY.
The Treasury has virtually suspended pay
ment. and refused the usual drafts to the dis
bursting officers. OF the pay and mileage due
Congressman, only 100000 have been paid on
account for the House, aud 100000 for the
Senate Mr.. Hunter spent some time with Mr.
Cobb to-day in consultation as TO the mode OF
immediate relief. Both Committees of Finance
will consider the subject without delay and the
only point of difference is, whether the bill for the
$40, 900 600 Of Treasury notes, asked for by Mr.
Cobb, shall be granted temporary expedient
or full provision be made for the expected
wants of the Treasury by larger grant The
Secretary's budget does not present the condition
of the finances in sufficiently satisfactory man.
per to warrant such legislation without closer
scrutiny.
SOUTH CAROLINA.
The South Carolina delegation state that they
do not desire TO provoke any exciting controyer
sy but viii withdraw quietly at the proper time.
Mr.. Bonham, who resigned his seat, is here.
NO REPUBLICAN CAUCUS.
1t is not intended to hold Republican caucus
concerning the present difficulties, as all such
conferences are only calculated to intensity ex.
element, without attaining any practical result.
MR.. BoTELER's PROPOSITION.
There was no formal exchange of opinion to-day
upon Mr.. Botelers proposition to raise spe-
cial committee upon the message and the Repub.
TONS 1t is doubted if such q committee can
mature satisfactory measure, and a failure will
only aggravate the difficulty.
NO SPEECH FROM MIR. SEWARD, AS REPORTED.
Mr.. Seward will make no speech Immediately,
and will submit no proposition. All rumors to
the contrary are entirely unfounded. He is in
no manner or form responsible for the various
mt I'd in
newspapers, which have been supposed to reflect
his views and was not consulted concerning, or
in any way priyy to, their publication. His
policy is to watch the development of events
and to direct them wisely at the proper time for
peace and the preservation OF the Union.
A MESSENGER OF PEACE.
Mr.. TrescOtt, Assistant Secretary of State has
gone to South Carolina with view of urging q
postponement of any hostile demonstration against
forts and other public property, until after the
close of Mr.. Buchanans term. The Adminstra-
ton here is anxious to transfer all such respon
sbility to Mr.. LincOh and maintain o truce
until the 9TH of March. Mr.. TrescOtt's mission
will not produce much effect in the present tenn
per there.
WHY MR.. BOTELER DECLINED.
Mr.. BOteler's object IN refusing to serve on
the Special Committee was to have Mr.. Milson
appointed, whom he supposed would exert more
influence in efecting settlement.
BASIS OF ADJUSTMENT.
The more conservative wing of the Southern
Democracy propose, a. basis of adjustment, the
extension of the Missouri Compromise to the Pa
cfc; the recognition of the right to carry aud
hold slaves south of it, with protection if neces-
sary, until State governments be formed; and the
declaration that the power of Congress to regu-
late commerce shall not be construed TO au-
thOrize the abolition of the saye.trade be.
tween the States. They give assurances that
such compromise would hold all the Southern
States but South Carolina and her secession
would be- rcconsidered.
All the Opposition members from Maryland,
Tennessee, Kentucky, North Carolina, aud Lou
siana, with many of the Democrats from those
States, are earnestly DESTROYS of edecting some
reasonable and fair arrangement The Gulf
States are really DESTROYS of seeding, and of
involving the whole South in the movement.
Hence, they interpose obstacles to every scheme
which il suggested.
The comparison Of opinions between Southern
members thus far shows that no plan vet sug.
gested covers the points of embarrassment prac,
tically.
AN APPOINTMENT
The President appointed John II. Houston
Chief Clerk Of the Second Controllers Offes
to-day. Mr.. Cobb desired to give it to brother
Of Mr. Evans of Maine.
To the Associated Press