, 1861-12-09
THE VERY LATEST NEWS.
MONDAY, 5 O'CLOCK 4. II


Especial Diepatch to the Chicago Tribune.} |
WAEHmGToa4 December 8. 1861.
Secretary Chase's Report Is finished and it |
will be sent to Congress tomorrow. It is |
said to contain more profound and original |
discussion Of financial questions than any
Treasury Report made for years. He estimates
the Public Debt in 1868, at the present rates Of
expenditure, at eight hundred million dollars.
He will recommend tax upon pronlissory
notes, and also upon bank notes, in order to
remove them from circulation, and substitute
in their place currency Of the United States;
also tax deeds Of conveyance, decrease duty
upon liquors and tobacco, and increase those
upon tea, coffee, and sugar. The Report, in
Ill, is about the same length as Secretary CAM
eron's.
Mr.. Chase touches upon the slavery ques-
tion in paragraph-adyising the confscation
Of rebel property as means Of revenue. He
excerpts slaves, because lis says the United
States cannot become stakeholder; but he
recommends the emancipation and the EN-
pioymcnt Of those liberated, in the service Of
the Government.
Sercnades were given last evening By the
band Of the 18th indiana Regiment. Judge
Smith, Of Wisconsin, spoke for the North
west, whose right arm, he said, extends from
the great Lakes, and whose left embraces the
Atlantic Coast, and which would consent to
nothing but an utter squelehing out Of this
great rebellion. He admonished his hearers
not to forget that while VIC are soldiers we are
aro citizens, and that the great object was to
sustain the Constitution-tle basis upon
which the Government rests. It is sufficient
to put down this rebellion, and save this great
country. There can be no America north Of
the 1sthmus but the United States: m America
one and indiyisible, now and forcvtr-which
it becomes our sacred duty to preserve. In
the course Of lis remarks, Judge Smith ex-
pressed his joy that Washington WIS at last
safe, and said1ndiana, Illinois and Wisconsin
their own vicinity.
Governor Morton, spoke for Indiana, who,
he said, had $1,000 soldiers in the field,
but would giTc her last dollar and 1nan to re-
store the Union. He bad no doubt Of our
ultimate triumph. The war on the part Of the
North thus far, he said, was maintained for
the suppression Of the rebellion and tle re5tor-
| alton Of the Union; and he trusted that for
| these purposes alone it would be prosecuted.
| We should use every means known to civilized
warfare, but do nothing which, from the ma
tnre Of the case, might make the restoration
Of the Union impossible.
Messrs. Kellogg, Of Illinois; Colfax and
Lane, Of Indiana; and Crittendcn, Of Ken
| lucky, also spoke. Mr.. Crittenden said that
SEVENTY thousand Unionists il Kentucky were
| determined to pnsh the war On until the Stars
! aud Stripes hoated from the State House in
| Nashville.
Mr. Kellogg, Of Illinois, said that the Union
sentiment of Georgia and other Southern
States, save South Carolina, should be encour
aged. He said, in conducting the var hc was
for letting Slavery alone.
Messrs. Lane and ColGrx, Of Indiana, e1o
| qucnt]y urged bold and vigorous prosccu
ton Of the war.
In compliance with orders from home, Si1
Fcnwick Williams, Commander Of the British
forces in Canada-nuw numbering about ter
thousand nacn-has recalled Ill absent officers
brought lis troops under h;s immediate super
vision, and is bringing them to 4 higl state O.
efficiency.
1 Et3uuut VI fDQh HIS tutE1 tU1tN I'LL uc1itl4 "
Colonel Kcrrigan, for whom lie asks speed,
trial. Kcrriyan will be brought before
court martial this week.
]. Y. Fowler, the New York Post Office dc
faulter, is carrying on tobacco manufaetor..
at Tepic, Mexico, aud is said to be maxim!
money.
Ata dinner given by the Prussian Minister
recently, the Prince de Joinyille and the o.
leans Princes we're seated above General Nc
Clellan, upon whose stuff the latter are acting
ii noteworthy piece Of snobbishness.
Delegations arc here from Davenport, Bic
line, and Rock Island, urging Congress t
build the National Armory at Rock Island.
Aseyentv- v-fourpound shell was thrown froI
Il lower Potomac rebel battery to within
few feet Of the 1st Massachusetts regimen
while drilling. but it failed 10 explode.
Th5rty-one slave, women and children
were brought up from Sicklcs's brigads
yesterday, taken from rebel plantation nea
; Matthias Point. The slave men taken at Ii
same time art now employed by Gcncr;
Sclslcs as 1aborers.
Old John Pierpont, III installing VIM. Clla1
ming, to-day, told the people to allo
him the utmost freedom in discussin
| subjects, whether personal or nationa
| He said Baltimore is now, unquestion;
bly,, showing the Government the right han
Of fellowship. His remarks were marked
anti-slaycrr. He asserted that there was ne
, one Unitarian preacher in rebellion against tt
| Government, because Slavery and Cnitarinisl
did moi agree.
The Government has decided to extend tt
i | telegraph lines to Fortress Monroe, using Of
II twenty y-tiyc miles Of submarine cable. Tt
: New Workers here urge its extension to Ha
| tcras, Port Royal, Key West, and Pcnsacol
Gentlemen here from New York are urgir
an exchange Of prisoners, and are encourage
in their request By Gen. Mcclellan, and IL
= President, who, however, cannot see the W;
| +ho md