New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-11

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to assure the support of those States TO such
proposition If it should prove satisfactory to
them as seems not improbable, the other Border
States would be likely to concur, either from
| choice or necessity, and thus q comparatively
easy way be paved for the adjustment and ulti-
| mate solution of the present difficulties.
| SOUTH CAROLINA ALREADY FESTIVE
South Carolina is reported to be FESTIVE under
| the new Confederacy, with JEFF. Davis as Pre'i-
dent The business of taking Fort Sumter viii
now be adjourned to Montgomery, where it will
be vetoed, soon after which South Carolina is
expected to Secede. Is. ?,
WASHINGTON Feb. 10, l-6l.
THE PROSECUTION or MIR. FLOYD.
1 As the Dstrct-Attorney here openly sympa-
| thizes with the secession movement, the general
| opinion is that Government should employ ad.
dtional counsel to aid in prosecuting Mr.. Floyd
| and his confedcrates connected with the great
robbery of the Interior Department. Legal steps
have already been taken by these parties to
avail themselves of every technical exception.
When Mr.. Russell was before the Committee, he
refused to answer whether he had made any pay
ments OF presents to persons attached to the
War Department, in connection with his con-
tracts, or for other purposes. Suspicion points
clearly to several who were largely paid for their
official fayOrs. Mr.. Bailey protested in all his
statements TO Mr. Thompson and Others that
he never realized any benefit from the abstract
ed bonds. Yet his account with Mcssrs. Riggs
& Co. shows that during the months when be
was operating with Mr. Russell, his deposits
rose to three or four times the aggregate OF his
whole years salary. Ito had boom knnrn IN
Wall street az the negOtator Of Florida bonds
for Mr.. Yulee and other secessionists and Of the
Chriqui arceptances issued by Mr.. Toucey, and
which Congress has refused TO legalize.
About $4,000 Of the Indian inLds were In
vested in Florida bonds, but Mr. Bailey knew
their value too well to touch them. In fact
several patches Of South Carolina bonds were
tried on the market, and withdrawn because
purchasers could not be found.
The bonds were distracted at various times,
commencing with $4,000. The design was to
| extend the time of disclosure till the dth OF
March, but this was accidentally frustrated oy
| Auditor Fuller, who refused to pass an account
| for coupons which was not properly 'onched ia
CONSEQUENCE of the abstraction, and must have
Ted 70 an exposure had not Mr.. Bailey preferred
the confession. That refusal prcclpitated The
discovery.
1t is clearly established that at the very time Mr..
FIoyd was issuing maions of dollars Of acceptances
for Messrs. Russell, MasTs a Waddell, they
were actually receiving thor pay as last AZ inc
service was rendered. and the Government was
never il their debt Nearly all the witnesses
who were best Informed Of these transactions
lad remarkably defective memories before inc
Committee Thoy forgot everything that was
embarrassing to answer But they are branded
80 as to be recognized hereafter.
THE PROVISIONAL CoNgEDERACf.
| Information here states that jefferson Davis
has been chosen President and Alexander IL.
Stephens Vice President of the Provisional Con-
federacy They are both for reconstruction, that
is for coming back if possible.
TENNESSEE FOR THE UNION.
A telegram from the Attorney General OF Ten
nessee says that State has gone Overwhelmingly
for the Union, thus defeating the precipitators in
Congress, and sustaining Messrs. johnson, Mel
son, Stokes, and Hatton.
| MR. wIGFALL'S EXODUS.
Mr.. Wigfall's exodus from the Senate Will DIS
tress the galleries nightly, as they have become
accustomed to rely on him to relieve the dull
monotOny with daily pyrotechnic exhibition.
FORT SUMTER.
If there should be any necessity for re-
enforcing Fort Sumter, it can be done without
serious danger, notwithstanding the distractions
in the ship channel. There are various NODES
well known to nautical men familiar with Mai
fits Channel, which is still open and used by oil
the Northern steamers entering Charleston mar
Dor.
FRANCE AND THE SOUTHERN CoNFEDERACf.
When the subject of the recognition OF the
Southern Confederacy was preached to LOUIS
Napoleon, not long ago. he significantly remarked
that, though Cotton might be King, he had not
been crowned yet.
GOV. LETCIIER AND THE PEACE" CONGRESS
Gov. Letcher, who has been here, Is ANXIOUS
to obtain a declaration from the Peace Con-
gress against coercion, or, more plainly against
the execution Of the laws
TIE BORDER STATES
While the Border-State Commissioners express
a general disposition to effect an accommodation
op fair terms. they invariably decline making any