The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-18

The True Policy or Congress.
Az the right wing of General SCOTS grand
army of Virginia presses down upoo the enc
my they begin to fall back in the direction of
Richmond. In their precipitate abandonment
Of their stronghold at Harper's Ferry they
have ceased to keep up even the pretence of me-
naciDg Washington, and betray their conscious
ness of the critical position of JEFF Davis and
bis Cabinet. They see that while Washington
is safe Richmond Is in danger; that the lines
of General Scott will soon be closing round
that devoted city, and hence the plan of the
rebels is changed Henceforward they will
concentrate their forces at and near that point
for a rigorous defence Of their capital.
1t is probable that they will do all they can
to avoid decisive battle until the meeting of
Congress, on the Fourth of July, and with the
expectation of some peace propositions from
that quarter upon which they may build a COM
promise But the two houses of Congress, we
suspect, will be too we'll instructed in the
universal public sentiment of the loyal States
to countenance any mention Of compromise
until this Southern rebellion shall have been
suppressed. 1T was said, during the debate
last winter on the Crittenden propositions at
Washington, that q member of the Con-
federate Congress at Montgomery, 10 giving
bis opinion of those propositions, en-
phatically declared that if the revolted
States were offered blank sheet of paper
upon which they might write their own terms
of restoration to the Union, they would in
stantly reject it, because they did not desire
reunion with the Northern States upon any
terms whatever. The only compromise which
even now the seven original States of the JEFF.
Davis government would accept would be
compromise upon the terms of recognition of
their separate nationality. So, then, it is USE
less to talk Of compromising where the vital
Observation-Disclosures our government and
this rebellion can only be determined by gun
powder.
Secession-the right of State to leave the
Union at pleasure. This fatal heresy has car
ried off eleven States into the confederacy Of
Jefferson Davis; and the right of secession be-
ing recognized In that concern, it is probable
that it would fall to pieces of its own dead
weight within year if we were to recognise
its independence. There can be no compro-
mise, then, with this monstrous heresy of seces-
sion. Revolution we can understand; but &C.
cession is naked anarchy, and if admitted as q
| right would coon reduce US to the first priu-
ciples of barbarism. We can only accept this
| business of accession as rebellion. 1t has been
80 accepted, and it must be treated accord
ingly. In regard to the negro question, the
COrfh az hop fOrfh ho fho
lection of the constitution, or they must abide
by the consequences. The slavery agitation
will be ended with this war-indeed it is al.
ready ended.
What, then, is the true policy of Congress?
1t comprehends, first, the approval and ratiA-
cation of everything which, in The exercise of
his discretion, in the absence of Congress, the
President has done to save our federal capital
from seizure, and our government from de-
struction by our Southern revolutionary con-
spirators. Nor have we any doubt Of the &C.
ton of the two houses upon this question. They
will cordially endorse the hearty ratification
which Mr.. Lincolns acts in the premises have
received from all parties of the people of
| the loyal States, and from the loyal people of
the revolted and doubtful States. Secondly,
to bring this Southern rebellion speedily to a
| close, Congress should authorize the President,
in the exercise of his discretion, to call out an
additional army force, even to the extent, if
deemed necessary, of five hundred thousand
men. The men have only to be called for
and they will be forthcoming. In this connec-
ton Congress should authorize loan, on a
! popular basis, even to the extent of two hun
bred millions of dollars, subject to the discre-
ton of the President. The money has only to
be called for, and the people will supply
it. Thirdly, as simple revenue measure, the
Morrill, tariff should be cut down to the reve-
nue. standard best adapted to relieve our fede-
raj treasury.
| Thus having provided for the prosecution of
the war upon scale which will be swift, re-
sistless and overwhelming, it will become ad.
visable on the part of Congress to provide for
an early peace, and the resumption of our
Frustrated financial, commercial and business
affairs of every description throughout the
country. In this view, a careful and discrimi-
mating general bankrupt law will unquestiona-
bly, be demanded as relief measure to our
ruined and crippled business men of all descrip.
tons. Next, some general scheme establishing
uniform circulating medium, in the shape of
bank notes, throughout the Union will be de-
manded, to relieve the people from the losses,
Inconvenience and shaving operations Of all
sorts, resulting from worthless shinplasters and
insolvent, rotten and suspected local, State and
Territorial banks national bank, it appears
to U.S. is our only alternative against these finan.
cial endorsements To 60 no further back,
it was the national bank of 1916 which lifted
the country from its financial prostitution re.
sulting from our war Of 1872, 'l3, IA and rs
| with England: and q national bank will snrelu