, 1862-01-22

WAEuINGToH, Jan II. 1881
There arc again opefnl Indications cropping
out in one place and another ut the Federal
Capital. do not refer particularly to army
although tho signs Of action are
more portentous than they have been ut any
time since the meeting Of Congress. Were it
not for the ocean Of slush which has super
ycned, should make bold to predict an early
movement Of Gen. AcClcllan's twenty-four
baggage wagons. It may also be said Of the
army that III point Of discipline, to the eye Of
unmi1itary observers, it is scarcely less than
perfect. The West Point officers still curse
''awkward yo1unteeIsn from force Of habit,
yet there are scores, if not hundreds Of Tolun-
teer officers who, with six months experience,
can out-manouvre many Of the supercf1lious
blockheads who have had from four to ten
years training wasted upon them, and whom
10 amount Of education would ever qualify |
for good Sergeant Majors The army Of tie |
Potomac is xc1l-drilled, efficient nna cour-
ageous army, abounding in the elements Of
which victories are made, and By which rebel |
lions arc put down. All that it needs is the |
order, g Forward, march'' aud am inclined |
to think that that order viii be given as sooR |
as the roads are again in tolerable condition. |
But the encouraging signs to which allud- |
cd pertain to different subject. The Judic- |
iary Committee Of the Senate have reported |
back Judge TrumbulFs Conascation and
Emancipation act not only not shorn Of any
Of its essential features, but with several new
ones OF added excellence. The Committee
consists Of Messrs. Trumbul1, Foster, Ten
Eyck, Harris, Cowan, Powell, and Bayard.
The four first named voted for the bill; the
three others against it. Cowan, though &C.
lected as Republican, is really pro-slaEery
man; he believes in negro catching and re-
turning by army officers, as he declared by his
vote short time ago On Senator Wilson's bill
to prohibit that enormity. It was not believ-
ed three weeks ago, that Judge Trumbu1l's IS bill
would ever get through the Committee That
it has done SO by 4 majority vote, and by the
rotes Of three naturally conservative members
[FoEtcr, TenEyck and Harris), is justly re-
garded triumph. Judge Harris, though rep
rcscnting radical constituency, is very
conservative man. Mr. Foster, though in
clined to be radical himself, represents very
conservative State land Mr. Ten Eyck is both
conservative himself and the representative
Of the most conservative State in the North.
Another hopeful indication is the check
which the Ways and Means Committee of the
House have received as to the project Of in
mediatcly bclching hundred and fifty mil
lions Of irredeemable Treasury notes On the
country-than which Vesuyius never made a
more destructive eruption. Mr. Thaddcus
Stevens, the chairman Of the Committee, is
H., r31 nf. rF
fnance, namely: hig tariff, large "banking
faciliies,' and consequent high prices, then
more high tariff, more bank issues and higher
| prices; and so on to the usual grand reVul-
| sion and smaeh-up, which his class Of inan-
| ciers are always ready to attribute to want
| Of sufficient tariff. The Committee has been
we'll packed By Speaker Grow to carry these
vicious fancies into practice. Next to Mr.
Stevens comes MIR. Morrill, {of Morrill, tariff
renown), and then Mr. spaulding, Of whom it
! is said as great merit, that be IS Or has been
vigorous banker-followed by Messrs. Hor-
ton, stratton, Hooper aud Maynard, Ill for
merly Wings, and all excellent men and true
patriots, but firm believers in the theory that
money Gun be made Of paper, and TINT our
specie can be kept at home and compelled to
associate with this paper if you only have tar,
if enough. Nh. Corning is the other member
Of the Committee. What may be his ideas o1
the fnancial exigency is Of very little conse
quencc as against this majority. Mr.. Stevens
and his Committee have been very obstinate
about their hundred and fifty or two hundred
millions Of new Treasury notes, believing tha
those who opposed the plan were Shy1oeks
inspired By wish to profit by the country't
necessities, instead Of sagacious men hopin!
and striving to save something from tht
threatened wreck Of public credit and privat
| industry. But at last the Committee hay
yielded the palm, OF at least suspended thei
proposed action. which is q great poin
gained.
Small change has, Of course become awfu
scarce in these parts, to the bewilderment q
our paper money philosophers. There is Ii,
in this District prohibiting the circulation c
bank notes Of I. less denomination than fir
dollars, and it has heretofore bee
faithfully "obseryed. Indeed, prior
the Introduction of the Treasury not
r system, Washington was rs thoroughly
hard money city rs San Francisco, OF Han
p burg, or Canton. It therefore comes very u
= gracious}y upon the dcnizens to be pinche
far ao1d dollars and silver dimes. md som
men are so crazy rs to propose a law comue
l Ing market men and shopkeepers to tah
f treasury notes Mt n,r and give hack chons
G when required while others believe that a Il
n of one dollar bank notes from the North wou1
4 be inst the thing. The latter plan will u,
i doubtedly be tried. and the result will be th
cYcry gold dollar will be exnel1ed. and .
shall then he os badly IN want of sh;nn,,ste
for halves, quarters and dimes. as ne now a
d far sinp1e dollars Atnrescnt bushels of a
e yer cbanpe cap he had fnr it's enn;va1ent
e oo|d at mar INIT when treasury notc or har
t mite is 1,resented there is a marked costly
t ness Of metallic issues.
81 4 great many Of those who think that Ge
i Fremont has been ba11y treated, nre sure til
"a Gen. McKinEtry is badly treated also. Tie
forts to createa sympathy for this egregio1
robber are dishcartening to those who are
- boring to restore something like decency
IL the public service. It is proved by the swo
2 testimony Of o cloud of witnesses in the
n, port Of tbs Van Wyck Committee, that h
lc hustry oerauaea tne aosernment OF q'fE
Ir ter Of million dollars in his transactions vi
- Ion;s- In eyerytbins, fhat te tonched he i
f. H., ,,,n.,+ ,e ,,,t1,,1,;,. 7;1,.:.. -,