Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-08-30

TIE Gazette and Commercial are at logger
heads over the Secretary of the Treasury.
The Gazette charges that Mr.. Chase opposed
the acceptance of force adequate to meet
the armies of the Oonfederacy. The Com.
mereiaI admits the opposition, but puts it
upon the ground that Mr.. Chase first wanted
that the Administration should have policy.
"a POLICY r'--exclaims the Gazette" Two
hundred thousand rebels in arms against the
Government, the Capital threatened, the
army melting away from the lapse of the
time-of service, and yet Mr.. Chase resisting
the raising of troops because he wanted a
policy"
The Commercials case is a bad one and
the Secretary of the Treasury is unfortunate
in his advocate. Turn over to its custody
some poor fellow who is getting down in the
world and can not come back upon it, andit
can demolsh him in the most virtuous style,
and with the choicest of Billingsgate; but
let nobody who has any thing to lose trust
his cause to its management. II is like some
lawyers in the world who, whatever they
may do to the opposite party, always demol-
ish their clients.
1t seems to be admitted that Mr.. Chase did
oppose the acceptance of troops and that he
was in completely with Mr.. Cameron in re-
porting the number Of troops to Congress
considerably larger than was the fact. Why
did Mr.. Chase do it It's probable that, if
the truth were known, it wonld appear that
his opposition was not because the Admins
tration bad not a policy, but because the
Administration would not adopt the policy
which he recommended. It was, and is, re-
ported, verbally, that Mr.. Chase had policy
peculiar to himself, which governed his acts
as a member of the Administration, and
which he, of course, believed was an entire
and infallible, or the only solution of the
difficulties into which the country is plunged.
Whether it is proper for him to pursue
policy different from that selected by Mr..
Lincoln, is a question which seems to be
avoided.
1t may, at least, be nationally conjectured
that the financial pursuits of the head of the
Treasury Department has led him into So
ciety not enjoyed by the other members of
the country. 1t has been said that in Eu-
rope, questions Of war and peace are decided
by the house of Rothschild: in other words,
that they who supply the immediate means
to carry on belligerent operations, become
ultimately the parties to determine how far
war should be carried, and when peace shall
be made. These people settle it upon con-
siderations of interest slone-the question
being, how far it will do to trust the Govern
ment with their money. The question of
finance is undoubtedly complicated with that
of politics in the United States now, as it is in
Europe, in time of war; and Mr.. Chase may
have, or may think he has, more accurate
gauge of the extent of the available sinews
of war, than the others, and may find his
opinions of the policy to be pursued goY-
erned accordingly.
1t is said by some, that Mr.. Chase, calcu.
latiDg from his financial point of view, has
arrived at the opinion that to secure a sepa-
rate independence should be the point aimed
at by the North and that his view of the extent
of the operations on the part of the Govern
ment has been adopted ON these considera-
tons: that his idea has been that of war of
defense merely; to save the North from in
vasion, and to gain such terms as would be
honorable and proper on division. How
far this is true perhaps the future will de-
termine.