New-York daily tribune., 1861-02-16


LOAN.
RAsn Our Special Correspondent
w.sUsGToN, Thursday, Feb. IA, 1861.
The experience Of the country is showing that
n !, very necessary to have President who is
ssmething more than bag of straw. Gen.
jackson advised Mr.. Polk not to take Mr..
Buchanan into his Cabinet, as he was unfit for
spy such position. He little thought the Pennsyl'
vaDian would reach the Executive Chair ITSELF
Bot he has done 30, and we see the consequences
The Union broken the authority of the Govern
neut defed, the Treasury bankrupt, the public
securities plundered the Mints and Sub-Treasury
robbed by the very officials who were set 10
guard them, the forts and arsenais lett TO faii
into the hands of traitors, treason stalking in the
Sepsrtmepts, and generalization and disentegrS-
Hoa penetrating the whole structure of the
Government Never was a more deplorable
spectacle presented to the public gaze in any
country.
Last of all we have this exposition OF the
Sublime robbery and fraud in the War Depart
nent, and the very men implicated in it still re-
tanned in service. For it is understood that
Floyd's Assistant Secretary still offciates in that
capacity. The great question in Official circles
n, what h,s become Of these millions raised on
Fsoyd's acceptances Nobody Pretends that
Russell had them al. Ttere must be an mn
nense sum which has been drained of into ooher
cAannels Floyd has been Che chief agent IN e-m-
: nag the Revolutionists, and in furnishing anmu-
milton and military stores to them in enormous
snautites. He organized his bureaus in the De-
partmeDt 80 as to permit fun swing to the trai
ssre. Honest men were displaced to give room
10 agents specially deputed to carry out the mon
stRous scheme Of breaking up the Government,
and surrenderipg its fortresses and arsenals, its
troops and its ships, into the hands of the Slave
Asldipg Rebels.
Csn there be doubt that be furnished money
alsof Cobb and Thomas left million in New
Orleans to be stolen by the traitors, and hund-
reds and thousands at other points which has
sAerod the same fate. But Floyd has been the
chief agent of all the rascality of the Admins
tration, and though exposed time after time be-
fsre now, poor Mr.. Buchanan has never, up to
this time, paid the least attention to a single
vinainy that has been brought to Eight.
1t ia known that there has been some time on
fsos secret political society called the Knights
Of the Golden Circle, whose operations have
been mostly in the South, and whose objects are
known to be to dissolve the Union, break up
the Government, capture Washington, and in-
vsle and occupy all Northern Mexico The
managers of this secret society have been act
svoly at work all the season. travelling over the
sDuntry, laying out their plans perfectmg their
organization, and preparing for the revolution
ROW ip progress in the Gulf States. An exten-
Eye military organizatian of this order exists on
tAs frontier Of Texas to-day, ready for duty.
where has the money come from to sustain this
organization
In it a strained inference that it has come from
the stolen bonds of the United States, and the
proceeds Of FlOyd's acceptsnces 7 Wherever the
treason has come to light it has been traced di-
pectly back to the departments, and TO the con-
fdantial advisers of the President, Floyd being
he chief. Is it too much to assume that where
no plot is not yet exposed its ramifcations can.
BE- all traced bach to the same center 7
The amazing weakness and imbecility Of q
President that could allow a gigantic scheme of
treason permeatiDg one half the country, to 60
On for years directly under bis nose, may well
teach lesson to the American people in regard
70 tncu ouuce III tno cicCdOn vi q SuleA 1aSb-
Hrats.
The old mems conference seem gradually COM
ing to the approval Of Crittenden's proposition to
sstabhsh Slavery throughout the Territories south
sf $50 30. Sometimes We hear it is Guthrie's
proposition, and sometimes Reverdy JohnsOn's,
that is in favor, but they are all the same in
substance while differing a little in terms and
details. But nothing Of the sort can get the two.
fhirds of Congress, necessary to give them the
6rst lift into the Constitution. A Congressional
compromise is always within reach, at any kind
sf crisis, got up by the politicians, but the ras.
Gals are this time after something of a more en-
daring character. We shall know when they get
h. 1t 10 TO be hoped the old gentlemen will find
4 convenient to 20 home soon, and leave the
Government to the hands of those who are elected
- administer it.
Steps ought to be taken to declare the seats
~ the seeding members vacant in both Houses.
The 6rst thing we are likely to know is, when
he steps are initiated 10 execute the laws in the
South, and put a blockade force, the runaway
members with TOombs at their head, will rush
back into Congress and interpose legislative OBJ |
structioDs. Such conduct would not be one |
wait more audacious than the thousand other /
features of this astounding rebellion.
Mr.. Simmons has given full and INTELLIGENT |
explanation of the new tariff satisfactory to every.
bsdy but those who do not want to be satisfied.
The traitors are against it, as they are against
gverythlDg necessary to strengthen the militarv