New-York daily tribune., 1861-02-19

s,,epdments reported Iroui tue OP0''"i
t.e including that of reducing duties on sugars
s,S ip,posipg them on tea and coffee. lWeiVe
.;,l;epe of revenue are expected from these thtoe
.-.c,as The loan feature Of this bill has been
-,d.ced from S2l 600, 900 to $40 O,OOO,O 600, with
discretion to the Secretary Of the Treasury 10
;,.ue notes in case loan will not command par
Che tea and coffee clause may be resisted In tho
House. but it is considered necessary to main
,,in the Government in the present exigency, and
i,s operation viii not be particularly felt, ds'T1-
huted over go large surface OF population
THE "PrACE" CONFERENCE.
Tho mpe,con Conference sat four hours, and
"a a rathor animated discussion at some points,
tao,,rh they adjourned with good feeling
NJ se5dop opened the debate on Reycrdy
y.bnson,s amendment TO Mr. Guthrie's PROPOSE
f;o, restricting its operation to present territory
He reviewed the whole ground of controversy
between the sections and stated the position of
Virginia, as defined in the resolutions Of her
Legislature for the Crittenden plan, with dis
tiact application TO future territory.
Mr.. Boutwell of NJ iss followed in on able
speech, vindicating the North from the aspersions
cast upon that section, and calling upon Southern
Delegates to point out in what respect they had
invaded their constitutional rights. The North
hsd its principles, and would maiatain them at oil
hazards They did not propose to interfere with
Slavery in the States, or to commit any aggres-
Sions; but having elected a President fairly and
L,gally they intended he should be inaugurated,
ard exercise all the functions OF that Office.
This had been made the ground for secession,
witch could not be justified in any way.
Mr. Guthrie considered the language Of Mr.
HsutWeIl as menacing, and replied with much
emphasis, exhibiting more temper than had been
before manifested. He claimed to have come
hero in spirit of conchaton, but Kentucky
would not consent to see her sister States coerced
Mr.. Cleveland Of Connecticut, interPOsed in
excellent spirit, showing that the remarks of
Nr. Boutwell, had been Inexperienced, and no
threats had been employed He and his political
friends appealcd here in good faith to compare
opinions with their Southern friends, and, if pos
sble, to reach an honorable adjustment without
sacrificing principles to which they were solemnly
pedged.
Mr. Guthrie was quite satisfied with the expla-
cation, and tie monentary feeling passed away.
Reyerdy johnson then spoke, with much effect,
- his amendment, declaring boldly that the ac-
ousition of territory had been the provoking
cause Of all our national difficulties, and he was
ready to stop it and to meet the North half way
By applying the proposition only to that now
possessed.
After further discussion, the amendment was
aacpted-N to Gall the Southern States but
Maryland voting in the negative, considering
themselves under instructions to support Mr..
critienden's plan.
After the result was announced, the South
scguiesced without any expression Of feeling
Tie Convention tomorrow will press resolution
Uniting debate to a quarter or half an hour
The experience to-day has rendered this restrict
ioa necessary.
THE LOAN BILL.
Mr. Sherman amended his twenty-five million
toan bill to meet some of the objections that lad
been urged. 1t now fixes the interest at six per
cent, and makes it payable annually or semi
annually. Bonds may be issued, with or without
coupons, in sums Of $50 or upwards.
COLORADO.
Mr. Grow carried the bill establishing Terri.
sitosial Government for Colorado striking out the
clauses which would have embarrassed the passage
Of Dakota and Nevada in the Senate. al these
bills will be dlyested of any reference to Slavery
~ "' WAsHIseTor, Monday, Feb. Is, 1861.
II appears from the investigation Of the House MILL
tsTy Corumjtee that ex-Secretary Floyd accepted A.
u Briknaps bid for 100 0O0 muskets, but that SecTe-
tsry Hol, refnses to recognize the contract. Mr. Bel
Insp saws they were intended for the Ssrdinan Gov
Arurnenf IL is further shown that Mr.. Floyd dis
ttibted without any order through The Engineer 9i
che DEPARTMENT, o. 000 percussion muskets 4OVOO 81
tered muskes and 10 900 rifles among the aIseas at
(harlesloa Augusta, Mount Vernon, Baton Rouge,
aud North Carolina. With the exception Of those for
che last named, the fell into the possession OF
South Carolina Alabama, Louisiana, and Georgia, by
their eecessiUn movements. -,
The Committee give as reason for reporting hill
authoyae the President TO accept the services Of vol
unteers that it is certain that the regular military force
l. wholly inadequate 10 protect the forts aFsenas,
dekysrds and other property OF the United StGtes IN
the present disturbed condition OF the eountTy ue
}sger portion Of tho army being necessary ioE The de
leuse Of the frontier.
some Of the delegates to the Peace Conference 10
night say they VIII probably agree by Wednesday
EIon plan Of ad Just ment which VIII be easiactoTy
sven to the Virginia CommissioneEs.
The Territorial question under consideration To-
day and the debate directed 10 the object Of secur-
ing unaDi nifty on that point.
The Workingnen Of PeDEssfyania.
30 COMPROMISE WITH TRAiTORs-THE En-
FORCEMEST or TIE LAWS