The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-02-11
A GOVERNMENT ORGANIZED-Tu
CONSTITUTION ED
ELECTION OF HON. JEFF. DAVIS,
OF MISSISSIPPI, PRESIDENT. AND
HON. A. II. STEPHENS, OF GEOR-
GIA, VICE PRESIDENT.
BY Telegraph I

acy has been printed and is now made public. Tn
preamble says
"We the Deputies OF the Sovereign and Independen
States of South Carolina Georgia. Florida Alabama Mis-
sSpPl' ana LOUISIANA invoking the favor of Almighty
Cod do hereby in behalf of these States, ordan and
tablish this Constitution for the Provisional Government
OF the same to continue from the inauguration
OF tne resident, or until permanent Constitution
Confederation between said States shall be put in opera
ton, Whatsoever shall first occur''
The seventh section of the first article provides:
The importation of African negroes from any foreign
country other than the sayehodng States of the United
States is hereby forbidden and Congress is required tc
pass such laws as shall eectualy prevent the same
The second section provides:
Congress shall also have power to prohibit the intro
ducton OF slaves from any State not member of this
confederacy."
Article fourth third clause of seco section, pro
vides:
"a slave in one State escaping to another shall he do
ivered up on claim of the party whom said slave NAV
belong by the executive authority OF the State in which
forcible full sa.on including the value Of
the slave and all costs and expenses made to the
shall take place"
Article 9th, I'd clause provides
The Government hereby instituted shall take imme
States forming and their other conederates of the
United States of North America in relation to public
property and the public debt the time of their with
drawa from them these States hereby declaring it to be
their wish and earnest DESIRE to adjust everything per
tanning to common property, common liability and com
obligations of that Union upon principles of righ
justice and equity, and good faith"
All the other portions of the instrument are al
most identical with the Constitution of the United
States.
[Second Despatch
MONTGOMERY, Feb. 9.-Unusual interest has
been manifested by outsiders to-day in the proceed
lngs OF the Convention, and the hall and gallery
have been crowded.
Mr.. Memmnger presented beautiful model of O
flag Tor the new Confederacy, made by South Car
oIlna ladies' 1t consists of blue cross ON a red
held, with seven stars on the cross. 1t was highly
admired Mr.. Memmingar also presented another
model by gentleman of Charleston, a cross of
fifteen stars on field of stripes.
committee was appointed to report on a flag
seal, coat ofarms, and motto for the confederacy.
The President was directed to appoint commit
tees on Foreign Affairs, Finance, Military. NavaI
Affairs, Postal Affairs, Commerce and Patents
Third Despatch
MONTGOMERY, Feb. 9 The Convention has
unanimously elected Hon. jeff. Davis, President,
and Hon. A. IL. stephens, Vice President.
resolution was adopted by the Convention ap.
pointing committee consisting of three Alabama
deputies, to inquire and report on what terms suit
aole buildings in Montgomery can be secured for
the use of the several Executive Departments of
the Confederacy under the Provisional Govern
mept
An ordinance was passed continuing ia force un.
til repealed or altered by Congress, all laws of the
United States in force until the first of No
vember last with the Constitution of the Provisional
Government.
1t is understood that under this law a tar iff will
be laid on all goods brought from the United
States.
A resolution was also adopted instructiuc the
Committee on Finance to report promptly tariff
Tor raising revenue to support the Government.
resolution was adopted, authorisng the ap-
polntment of committee to report Constitution
LOT the permanent government of the COntederacY.
About two hours were spent in secret session to-
day: The balance of the day was spent in open
session.
Fourth Despatch
MONTGOMERY, Feb. 9,P. MA great demonstra-
tlon is going on here in honor of the inauguration
OF the new confederacy. A complimentary sere.
made was given to Hon. A. II. Stephens, which
brought him out in an eloquent speech
Messrs. Chestnut and Keitt, of South Carolina
Conrad, of Louisiana, and others spoke.
The demonstration is still progressing. salute
OF one hundred guns fired on Capitol Hill this
afternoon.
The present Congress will remain in session to
make all the necessary laws required by the new
COntederacy.
THE PEACE CONVENTION.
WAsHlEGroN, Feb. 10.-The Committee appoint,
ed by the Peace Conference will probably make
their report on Tuesday. Various plans are before
them. From what has privately transpired, the
Border States resolutions meet with much favor,
and it is the general impression that the Conference
will adopt some such measure of compromise in
Guiding the division of the territories by the line
$50 3O' North of it slavery to be prohibited, and
South of that line neither congressional nor terri
toria interference shall affect it. The subject is to
be left for the determination of the people when
they form their State Governments The acquisi-
ton OF future territory is not to be so easily CON
summated as heretofore.
Some of the members of the Montgomery Con-
gress have just advised their secession friends here
that Commissioners or Ministers have been ap-
pointed to represent the interests of the Southern
Contederacy in Europe.
Nearly all of the late five million loan has been
paid INTO the treasury, and very much of tits al
ready disbursed.
Mr.. RusselPs trial in connection with the ab-
stracted bonds has been postponed till the March
term, although his counsel were ready and anxious
to proceed with it now. Mr.. Morris, of Illinois,
Chalrman OF the Committee to investigate the In.
dian bonds abstraction, declined to testify in court
as report on the subject will be made in few
DAYS.
WASHINGTON, Feb. 9.-The Peace Congress made
but little progress to day. Their session was brief
lasting about an hour. The committee who are
arranging plan of settlement, however, were in
session most of the day. They have all the vari-
Gus propositions which have been introduced into
Congress before them in printed form out of which
they will probably be able to bring something
tangible.
The committee of the Peace Congress were en-
gagged to-day on measures looking to an adjust
ment. Nearly all the Commissioners have arrived
including those from Massachusetts and New York.
The committee will, it is understood, agree upon
plan embodying many of the points in the Crit
tenaen' Bigler and border State propositions. At
least this is the drift matters are now taking
AS soon as the committee get their report before
the Conven ton, with the various plans of adjust
ment, there will follow very lengthy and protrac
ted debate upon them.
The Convention was very agreeably surprised
upon entering the hall this morning, at finding a
full-length portrait of Washington suspended back
of the Presidents chair. The Messrs. Willard had
procured this from the authorities of this city, to
be used during their sttings.
The compromise feeling among Republicans ey-
hibits at present the appearance of mild cases of
scarletlna. In few instances the fever has struck
inwardly.
David Dudley Field, the introducer of the vii.
mot proyiso into the New York Democratic Con-
vention in lS47, and David Wilmot, of Pennsvlva-
MA author OF that proviso, are here members of
the Peace Conference.
Mr.. Wilmot, it is supposed, will abide by his
original determination Lot to take a seat in the
Conference, although he was active among Repub-
licans on the floor of the House to-day He was
telegraphed to come here for consultation.
Mr.. FreliDghuysen. one of the Peace Commits
from the leading New York bankers and Wall
street brokers, to the effect that uu less there is
settlement of the present political troubles, these
capitalists would not advance cent to the in
coming administration, in taking their loans aud
Keeping up the credit of the government.
This letter will, doubtless, have marked effect
upon the action of the Commissioners from the
Northern States. Its warning is a most ominous
one. Many Of the gentlemen who signed this letter
are among those who have taken most of the loans
Tor years back.
The general impression appears to be that in case
of the committee failing to agree upon any plan
OF compromise that the Maryland delegation will
press on the Conference the proposition for calling
NatlOna! Convention, thus transferring the whole
question direct to the people.
Gen. Wool, one of the New York delegation, will
require guarantees that the Capitol sha not be in
terfered with by seeding States before he will
assent to any plan of reconciliation.
The Massachusetts delegation is here but the
majority is opposed to any compromise.
Gen. Doniphan, of the Missouri deleg gation, saws
his State demands full and substantial settlement
or she will certainly unite her destinies with the
South.
Gov. Letcher, of Virginia, is here, exerting him
self to secure such settlement as will satisfy Vir-
ginia. From his observation here he fears the
result of Virginia elections has not tended to
facilitate but rather to retard action. This he
regrets, as he thinks the position of his State is
not appreciated by Northern men.
If the Conference fails to present some desirable
plan of settlement he is perfectly satisfied that the
voice of Virginia will be for secession.
SEIZURE OF THE UNITED STATES ARSENAL AT LITTLE
ROCK, ARKANSAS.
MEMPHIS, Feb. l0.-The Little Rock Arsenal,
Arkansas, containing nine thousand stand of arms,
a large amount of ammunition and forty cannon
including Capt Bragg's battery, was surrendered
to the State authorities of Arkansas Yesterday and
is now garrisoned by one hundred volunteers.
SEIZURE OF NEW YORK VESSELS BY THE GOVERNOR OF
GEORGIA.
SAVANNAH, Feb. 9.-Governor Brown seized YES