The New York herald., 1862-01-12

dard Sing phrase is. that "unless decide a onward
moysment takes place within twenty days country
ruinod.n
The recent assault Of Thomas, in TIE House. upon the
administration with respect to the Mason and sds al
fair part ana parcel Of the Same effort to discred
In the eyes OF the country The attack the Navy De-
partment by Senator Hale Is to be included in the
category as ALSO to certain extent the panic that
being manufactured in relation the Treasury Depart
ment popular feeling in the Senate and House Of Re-
representatives. with regard to finance favor Of the Inn
mediate adoption Of such a the following
Treasury notes TO the amount of $3.50 900 $780,
100000 (enough to pay the present debt Of the
government and carry the until foreign markets
are opened to take bonds to be issued in denomna
tions of from five to thousand dollars receivable for all
dues Whatever in other WORDS legazed The said drafts
or demand notes to be undabe at the option Of holders
Tor twenty years. at six to eight per cent the Treasury
reserving however, the right of paying them off in fge
years, or within any time when it qudate them to
the amount of million Of dollars This to be
accompanied by tax imposts excise abundanty qua
ranteeing payment of the half yearly interest
Of said bonds. This is plan which does not meet with
universal appreciation but 1t commend itself to
some of the ablest nancers in the capital Some prompt
action is indispensable. without it grave monetary en-
barrassments will arise which Will seriously compicate
the difficulties under which the country is aboring
Tho endeavors that being made to disorganzo the
Cabinet will probably fail Each member Is attacked in
some way other but whatever the demerts Of Of
them may be, thoy manage better than would
do in their places Moreover the President persuaded
that his confidence in tho Commander Chief of
mics is not misplaced and that the patience OF tho public
willnow be very rewarded by such triumphant
movements as shall cause past msgivings to be for
gotten.
Tha of npAI hfa;r haoh haou
more menacng and portentous than at the present
mont Parties equally divided in the House OF Re-
presentatives that conservative members claim majo
rity Of only about FIVE votes perfectly defined ques
tions between themselves and the radicals while side
issues they in constant danger Of being outvoed
The radicals in the Senate have majority Of least six
votes Nevertheless they do not dare to adopt universal
emancipation as key note, but steadily adhere to tho
policy Of undermining the government more plausible
grounds, and in discreding it'll every possible
before the country Hence Washington is filed, from
day to day, with absurd which, unbushingy and
clamorousy repeated producing the most mischev
ous cfcts, proonsng the inactivity of the army and
disappointing the expectations Of those who had hoped
the storaion Of the Union accomplished within
very short period.
1t can no longer be disputed that indeatigab!e
scrupuous party powerful enough intrmscaly but
dcred more go by lack Of sufficient decision
and unity on the part Of those who sustain
the administration, is absolutely pledged to op-
position OF any peaceful settlement Of the
difficulties between the loyal and rebel States which
does not involve the entire extinction Of slavery This
party profcssedy prefers the permanent separation Of
the republic into confederacies to yielding ita Of
i prcensions Moreover its leaders do not believe
that the abolition Of slavery is practically feasible
that would be permitted by the in the North
itself they secretly working TO defeat the objects Of
the and 10 prevent any future incorporation Of the
seeding with te free States They are both theoret
cay and practically, aiding and abet.ng the Southern
rebellion and throwing every conceivable opposition in
the way of the progress OF patriotic army, both By
ralgning It's commanders and impugning the fidelity OF
their troops They do not want for sympathy 1t to DO
feared the Cabinet itself and the President seriously
troubled by the achinations Of at lc.st ono per.
| Aats two, Of his advisers.
The lneos cfGencrnl Mcclellan, much grave vken
has been generally supposed has afforded prosox to
the abolition faction for directing large share Of taeir
alta ks against him. The "On to Richmccdn cry has
tcen renewed in the most insulting shape and the Com.
mander in Chief has actually been accused Of sham
ming sickness, for the purpose Of preventing ad-
of the army of tho Potomac. The laso speech
Of Roscoe Conkng in the House the at Ball
BIua, estensibly directed against General Stone
clearly intended to inure General McCellanbmsef and
Committee of the Senate and House investigate the
war, is said to be engaged in manfadturiug par.e
statement for the purpose Of overshrc~ing his hard
4 earned and we'll deserved popularity. TIE plan is to su
persede him in favor Of either Fremont Senator Ben
Wade, who represent the radical sseAtment. ''scCe
Lam theless, remarked pcreon in very high au
thority ia the government yesterday presence OF
approving assembiage Of wcll informed gentlemen "haG
worked himself TO the verge ofhrgrave, by adding the
datics oohers in authority to hts own and is to him
alone that these mscreapts who attack him thei.
maintenance in the very places at the Capitol from
whence they weaving theweb of intrigue agaas,
him. -
The military In the District Of Columbia and vlrgnis
profoundly indignant NJ 1.-THE outrages and abuse to
which they subjected by radical agitators. just in
proportion TO tho cxperence OF officers, they fully Ap-
| prove Of and endorse General McClcllan's course
| They pronounce emphatiealy that, II the arm,
| pae TO adcanoe che Potomac, scithoW ode
quate preparations etse,chese, there could be jcrf
table consolidation # rseltroors in virginia, and that
cih their facilities for raiszd communication asd sBuns
portation Of forces asd muaions, should certainly
beaten. The lying accounts CT comparative weaknese
dsorgsnization that promulgated industroy By
4 Southern newspapers, deceive experienced army
commander here but wht they viii consent 10 ruin
the country at the behest ofs he abolition faction they
beginning show anrmtn signs Of rcsenmantat III
mpertneH mtermcddling. Sol. Richardson Of Illinois
warned the House of Reprcss natives, recently, of thu
danger Of causelsssy multiply issues with the army
and terrible examples past story quoted acver,
street corner OF what angry soldiers have donerheI
snaded beyond endurance by preventative thooriss
In face Of large army, iups gnaby intrenchcd in III
fe,hcations General Mcclcllsa called upon less
six months ago, erganze sordcrly rabhle, wbiat
is new conceded coisd not havs saved Washington r
the enemy If 1t had been attach ID at any time previous
TO the LIST of September last. In addition to this, is
operations Of the campaign, nsa parts Of the country
wore Placed under his control ard ho made rcspon
| sible TO the nation for its failure He he,
achieved this short space Of time, what neither Han
nibxl, Caar nor Alexander was required 10 de bcor,
| him, and what Napoleon ne'er attempted The
| first three Of these commanders had at thsir dis
posa untold legisns hard cd and dsciplod BY
long years Of bloody ccnict ana the latter began h.