The New York herald., 1862-01-31
NEWS FROM WASHINGTON.
The Dispatches Of tho British
Minister Regarding the Settle
ment Of the Trent Affair.
Congressional Action on the Financial
Measures Of the Government.
The Appropriations for the
Postal Service.
A New Southern Expedition Under
Gen. 11eintzelman.
The Disposition Of Conquered
Territory,
&C.. &C.. 60.

Territory,
&C.. &C.. &c.
WASHINGTON. Jan. 80, 1862.
THE TRENT AFFAIR.
Lord Lyons received to-day dispatches from his govern.
ment in reference to the settlement Of tho front affair."
Tho purport of tho budget was promptly communicated
to Mr. Seward. The British government expresses
plete satisfaction at the result Of tho negotiations Tho
kindly character of the dispatches affords quite much
qualification Lord Lyons himself as to our own govern
ment.
The important point In the despatch to Lord Lyons Is,
that the British government distinctly declines to accept
the Interpretation of Secretary Seward that that govern
ment is in future to change its policy regard to the
right of search. and bo governed by its own recently
applied doctrine of non. interference.
strange and unaccountabe msstatement Of facts
appears in the London Posi- which says the why
Secretary Stewards note to Minister Adams, dated No
vember 80, relative to the Trent Affair." laid be-
fore the British public, is tina. MIR. Adams did not CON-
municate 1t to that government but withheld It in the
exercise of his own discretion So from this being
true Mr.. Adams. in despatch received by the latest
European mall says he not only stated its contents
Lord John RUSSELL but read every word Of it to him
tho goth of December
This has here given rise to the question
whether the Pest really the organ of Lord Pamcrston
or does it wlfuly impose itself such the creduty
Of the British public
THE FINANCIAL MEASURES OF THE GOVERNMENT.
It is the opinion Of the btst informed members of the
Tax bill be looked for before about tho of March,
Tho subcommittee, composed of Messrs Morrill, Of vcr-
mont Hooper Of Massachusetts, Horton Of Ohio and STRAIT
ton New Jersey have given no information to the
mttee itself concerning the details Of their plans
and NO point has been reached in any respect
The main burden Of the devoves practically upon
Mr. Morrill, although Mr. Hooper and the other members
of the sub committee devote much time and attention TO
the subject After tho intatory abors of tho sub-com
mittee completed, the bill prepared by it will be
prn,ei and its different will DO carefully
cussed the hope entertained that the Senate Com
mittee will meet with the House Committee for the pur
pose facilitating action. the idea Of the Secretary
Of the Treasury carried out the Of taxation
adopted will not provide for Of from
hundred and forty hundred and sixty millions Of
dollars twenty millions to be raised already egsated
by direct taxation from eighty to hundred millions by
taxes on sales Of merchandise, law suits carriages,
watches liquors, newspapers, magazines, os--n fact
every conceivable article Of either luxury necessity
and about forty millions from customs In view, how
ever Of tho Of the continuance Of the
beyond the LIST OF July. ut least two hundred and afy
millions will bs required annually for the maintenance
xl,ao dipor of
ryng on the the intelligent members of
tho committee favor putting up taxation that and
il Is probable that the necessity OF accomplishing this
result will be kept In view in all that is donc
Interested malicious persons here, continually
tslegraphng to merchants and manufacturers, Ia New
York and elsewhere that the Committee OF Ways and
Means discussing the proprety Of taxing this that
or the other article and by this seek to induce
them employ brokers agents at tho capital to
sct their interests All such messages arc calculated to
deceive. Nothing whatever will be done until the bill
has been printed and them abundant opportunity will be
given to each branch Of trade commerce or manufac
lures to advocate its own cause either personally or by
proxy as may be deemed advisable.
A great deal Of complaint prevails at the dilatory
action of tho Committee Of Ways and Means in view OF
the feversh excitement that prevails in relation 10
finance throughout the country. This may or may not
be to some extsnt we'll founded Tho gravity OF the sub
ects 10 be considered demands mature pondernr over
every detail st II is to be regretted that there cannot
bo an infusion OF greater talent and energy into the
mittee.
Tho currency bill will pass to-day or tomorrow proba-
blv without any other amendments excepting tha, Is
roosed 10 add that the interest bonds shall be Paid IN
coin and also that it will DO provided that holders Of
government securities shall DO exempted from taxation
ON said securities. The bill will pass by twc-thirds
majority, and 1t seems generally conceded that thus
framed Joined with he representations Of Mr. spaudng,
In his speech of Tuesday taxation the finances Of our
country will be established a sure basis, as The bill
viii only be ancipatory of the national for the
present.
Mr. Chase's Bank bill will pass az soon as tho Currency
bill shall have been disposed Of Tho stupcndous efforts
of the Secretary of the Treasury TO provide for the
financial wants of the country appreciated by every
other member Of the Cabinet, and have elected the
rha,c applause OF even those who do share views
ON other political subjects. The suddon upward bounds
in army increase, from 900 TO 800 900; from
200 coo 10 the 400 0co recommended In tho Presidents
Messages from 400 900 10 500 600 voted by Congress-
and finally from 900 to 700 700 as practically carried
out in the War Department have neoessaed continual
changes in the calculations Of expenditure, every Of
which has been promptly and efficiently comprohonded
by Mr. Chase and pointed out fcr meeting tho
fresh exigcncy as IL has arisen
REPLY TO THE ATTACK OF CONGRESSMAN GuILEy
ON GEN. MCCLELLAN.
The attack made In the House yesterday upon General
Mcclellan by Mr. Gurley, Of Ohio was answered by his
oo,leasue Mr. Cox In sct speech to-day lr. Cox cas-
,voted urey unmcrcifuy, and vindcatcd General Nc
Clean In forcbls argument. The House seemed TO
oy with great zcst the discontinue Of the Rev. Mr. Cur
ley, who gained somc knowledge Of military affairs by
Joining the stampede at Bull II was difficult for the
speaker to suppress laughter and applause on tho floor Of
tho House during the delivery Of Mr. Cox's spccch Mr.
Gurey has not done himself credit BY his onslaught
General Mcclellan He was an exceedingly uncomfcrta-
bio man during the delivery Of the speech by Mr. Cox,
| and can blame no one but himself
AFFAIRS ON THE UPPER POTOMAC.
Colonel Leonard teegraphs from Frederick 10 General
Banks to-day that the damage TO Dam No. s. the Po.