New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-06-12
LINCOLN,s CONGRESS-.


Lncoln's Congress, derisvely called the Con
gress of the. United States will meet in extraord
nary session on the 4th of July next. OF the du
ration OF the session, and the business to be
transacted, the New York Tribune has this to say:
1t is believed that after the session has begun,
all business may be transacted in two days only
three bills will be required, viz: an Army OIL,
Navy bill and Loan bill and if the project OF as
posing the whole in secret session IS adopted, as
he detained here longer than the time specified.
Really. we do not see why Lincoin's Congress
should assemble at all, as he has overslaughed
every provision of the Constitution which conacted
with his views, even to resisting writ of habeas
corpus issued by the Chief Justice of the United
States. He has raised an army, enlisted seamen
and chartered as many vessels as he could for the
purpose of wagipg war on land and sea, and he has
saddled the North with an immense national debt,
which is continually augmenting its frightful pro-
portions. The only use Lincoln can possibly have
for his Congress is-not to bestow upon him addi-
tional powers, for he can require none in addition
to those he has usurped-to ratify the illegal, I'M
constitutional and arbitrary acts of which he has
been guilty, and through which constitutional free.
dom is a.thng unknown in all the regions of Abo-
litondom.
That the loyal subjects in his Congress will i'm
plcitly obey his acquisitions, there is no sort of
doubt The mock Caesar will have full sway for a
brief season. They will ratify all he has done,
grant all he asks, and in one or two days, in
secret or open session, just as he, through his
minions, may intimate. The constitutional limits
to the power of the French Emperor are as ropes
of sand when compared with the chain cables
with which all Abolitiondom is bound to the car
Of the Lincoln despotisn. They begin to feel the
vileness of their thraldonl-at least some of them
debut are not yet prepared to kick. Whether
they ever become prepared or not is a matter OF
entire indifference to the South.
But there is one thing Lincoln's Congress cannot
do for him-that is, give his Government credit
Secretary Chase will want at least $780, 600 900 as
soon as Congress meets, and fully 5000 900 in
thirty days afterwards. How is the Lincoln Govern
ment to obtain these vast sums t.? They cannot OBJ
tain them, except at disastrous discount. Their
last batch of bonds sold at from fourteen to sixteen
per cent. discount with dull sales at that; and il
they force 900 on the market early in July
as they are bound to do, or acknowledge them
selves h0pelessly bankrupt, with certainty of q
new but similar issue not more than one month off
they will do exceedingly well if they sell them a
the rate of fifty cents on the dollar. No nation o.
country on earth can stand such terrible losses NJ
matter how rich and the North, cut off as it is aut
will be from import revenues and the lucrative
patronage OF the South, will fnd itself utterl,
| without means to prosecute the war few month";
| hence, besides being ground to the earth by
| crushing load of public debt.
Well, we shall not laugh at their distress, mol
glory in their overthrow. That would be unchrs
tian. But we shall not complain at the carrying
out of the DEGREES of a just Providence, Tha
| would be alike unehrstian and ungratefu.