Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-10-18
EAe New Xssk Herald . seess'ary 0ha-s.

Eho New Ksrk Herald SH Secretary Chase
From the Es@ YORK Hend q, 0ctober6J
The radicals are probably right in calm
S~ecTetsTY Stanton i" only one OF the President
CLERKS" The mere instrument of seme one who's
influences controls the President and shapes th.
/ policy Of the war. BRs this iDhusntiai per
/ sOnaRe is Mr.. Chase. Secretary of the Treasury
not Mr.. Seward. Secretary Of State. Mr. Chase
originally a politician nom Ohio, is a maH o.
some ability, good address, crest tact and re-
markable oQuairg. These guaiiss be has
shown not only in securing for himself a seat iu
tha Cabinet, but in gaihing a Fictitious Tepu5a-
ton as a h-aGDciar, and 10 doiCg q great deal Of
mischief during this war, while always Goa
irving tO1ay the blame upon some other PER
sou. he was, at hrst, apparently successful in
bis Owa department, ana IS money is the siusy7s
Of war, this apparent success naturally gave
him great iudluencs with the President When
TO this iuaaeRes Is added that acquired By bis
own GINNING and address, aad thss secured 20
hun by The suppoTt of AL the radic4l oTgsR5 and
Of ths radical lesdsEs in and Ous Of Congress,
we can very readily uRdsrsaad h0v Il hap
PeEed thak Mr.. Chase became he conHsllisg
Powz in the Csbiass, snd Uss permitted to in
tertere disestroGsly wilh the War and Navy
Departments.
We have said that Mr. Chsse's success az a
hnaHcier was merely apDsreut. His feat Kissing
$l3O1OOO,O 900 at the- outbreak of the war, when
B~aehsRan's 8lmiRistraEan bad ruined she credit
OF Ene government, Wss dHe moEs 70 the pati-
2asn OF the DeEa9cratic bankers Of New YORK,
bsstc2 eRd Philhde Phia-Hho are now called
Gslt0rs By ChAso's 61snds-thsn 10 any ability
Of his own. The dnsneiai system which Sscrs
tsry Chase recommended s. Congress, and
"1lcn ne Is generally Supposed 30 have rgtua-
s1' vas Rusgessd BY SHiFsll, Of New York,
AAd perfected by Zoe Hon. IA. Hosusr. mem-
Oar OF Congress iron Massachusetts. This
system which is = good 0neiu isalf. Nr. CHASE
aas nad4s evil By totally 1ismanagine It, Tire
delalls Oh aus mismsaag~-ent We shall srs7se
lere1Hef, and Il vii suffice now 10 state thar
MF' Chase has reduced shs credit Of the GOV
eminent tWsnty-tbrss per cent bsIow "a
tAklng sold as the stssdard, whis. if tbs
system had been rightly managed. Il would
Save been impossible for governments credit b.
% more tDau seven or eight per cent. bsloE paT
81 t1ls tme, AMI a. lie haaneial snuovAacss
and insane Wsl street spocu's6oBs which rsw (
dlstTess the nation, W0ald have been prevented
- much Tor Mf Cases own department., and
hs rseoEd IN tie Var and Navy Departments il
quite as ssrrOWfUL j. was ais Influence wh;,b
secured 70 The Incompetent Geaeral EsDswsH
the command OF our army - the first basls oil
BaI Rud and precipiia5s3 an onward movement
When McCIellan had reoIganizsd the armv.
and was preparing Tor - Simultaneous sd-
vance upon Manassas and Bowling Green, which
would have ended The rebellion. it was Chsss'a
inhOsscs that dsRengsd ice plan. WRm
Mcclellan proceeded 70 the Psninsula. r.
lying upon the cooperation 81 AcD5zsl's
cCrss, j. B2s Mr. Chase who arain EsarsFsd
acd detached Mcdowell from GsnsEal Nc
Ciellan's Command, in order that Mcdowell /
might take Richmond alone. L vas Mr. Chass
who, ia pursuance of this scheme, usaksnsd
Banks force to increase hIeDosolrs, azd thas
caused the Shenandoah csasiEOphs. i Ea Mr..
Chase, whose iR8usncs in the Navy DsSau-
msnt, kept Considers GeIGsbar0RFh in ceu-
maud Of the vessels Of tie ChssaBsSks, aad ikas
superiRdEced tks MsTrinas raid asd held back
toe g~aa5oats Tsm assisting HsClsllsa. L wM
Ar- Chase who worked 50 hard for HcCleilss's
removal from tbs chisf OF c0mmGnd, 70 whish
be was only restored when the President and
were ia danger Of capture by the rsbss.
1t Was Mr. Chase who has attacked ths very ad
ninistraion Of Ehies BE is part, OF srEzsiainE
encouraging ths radical parry, in and suE o.
Congress, aid wac i the friend, abss4or sad IA
Presidential Candidate Of SumEaT, Wads,
Chandler, Philips GTee'sy, Opdyks and Wsdl-
FoHh. This is the mAiga iHdasncs which has
aused the disasters Of ne war. and this is the
1sbiHet member wh5 is Tssps1sibls Er the faiI
re Of the administrator.