New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-01-19
Consultation on the Financial Measure
THE VICTORY AT ARKANSAS POST.
Hiudmans Army Doomed to Destruction.
SECRET REPUBLICAN, CAUCUS.
The Cabinet Under Discussion Again.

Special Dispatch 10 The N. 7. Thbuss.
wuHIxeroS, Jan 10, 1850
Your correspondent on the RapPshsnnocK seno' W
this Bureau the following; ,e ,ss,
Thu RsheIs across the river seem to Be strengthen
;no On their left and extending tteir line up the
Rsppsbannock.
MAJ; Gen Couch has returned 10 the army, having
recovered bis health, and hiss resumed command Of
she Second Corps. Maj Gen Sedgwick has been
assigned to the command Of the Ninth Corps. Brig
Gen. Wilcox, W has commanded It since Ante
tam. will be assigned to division. The weather 10
warm and pleasant.
CONSULTATION on THE FINANCIAL MEASURE
Messs. Spaulding, Hooper and Horton yesterday
lad an interview with Secretary Chase. They read
she Ways and Means bill TO him. section by section.
He agreed to the six per cent 9o.ysar bonds to the
i,sus of $500 OOO 900 Of Understanding notes the
interest not to exceed six per cent in lawful money
and not in coin, and gave in bis adhesion 10 the con-
vertibty Of these goo, 600 600 Of notes at will into
lsgal-tender notes.
The Secretary slso agreed 10 the issue Of three
hundred millions uuconverible egal.tender. Power
30 sell the twenty year bonds at the best price he
can obtain, instead of their market value, payable in
lawful money, or in Indebtedness Of the Govern
1neDt, was conceded to the Secretary. The con-
vebility Of leealtender into twsnty.year bonds Of
which the Secretary complained all the last Summer,
vas surrendered by the Committee. Alterations Of
. formal character were suggested by Mr. Chase to
facilitate the working Of the bill in his department,
and adopted
The meeting, which WAS entirely harmonious, was
sosed by an approach, on the part Of Mr.. Chase TO
,hs subject of his banking scheme. The Committee
listened politely, but withou. sympathy. Casual
suson to the non-payment Of the soldiers in the
esld brought out from Mr.. Chase the positive state
pept that acquisitions upon the Treasury Depart
nent for money to pay the soldiers bad not been
made.
SECRET REPUBLICAN CAUCUS.
Fity-two Republican members Of the House were
b caucus for two hours Las, evening q, the Capitol
No particulars Of the proceedings are known even 10
Representatives who were absent, an injunction OF
she stric,ess secresy being imposed upon every one
present
II is safe TO say that the business Of the meeting
selated 10 the shaping of the Of Congressional
proceedings for the residue Of the session, and that
the speakers confined themselves with unusual
tloseues, to the matter in hand. The public i'm
preston is that the was called to effect q
orange in the Cabinet and that opinion as 70 the
wisdom Of this policy WAS somewhat divided.
No denial of this initatory action 10 made by the
members who were present. The caucus adjourned
bill Tuesday evening, when fuller attendance is an
acipated Ii may be continued from day to day for
some time to come.
CONNECTING THE MISSISSIPPI AND LAKE MICHI-
GAN.
A tbnIy attended meeting Of members Of Congress-
from the Northwest was held at the rooms Of the
Hon. Erastus Corning, last evening, at which the
project Of improving the navigation Of the Fox and
Wisconsin Rivers 80 az to connect the Mississippi
with Lake Michigan, was passed. II is proposed TO
attach an amendment covering this scheme for
which an appropriation OF two millions is asked 10
che Canal Enlargement bill.
THE RETREAT OF THE ARMY BEFORE vICKs-
BURG. .I
II is ascertained that the decentralization of the
troops Oh the Yazoo took place under the orders Of
Gen. Sherman, before the arrival Of Gen. McCier'
Ssnd. to whom blame for the retreat has been I'M
Justly imputed.
THE VICTORY AT ARKANSAS POST.
The confirmation of the good news that Gen. NC
Clernand has captured Arkansu Post. with more
than 900 prisoners rejoices loyal citizens here.
The remainder under the cartel Of exchange il now
IN our favor The officers taken are supposed to DO
held in confinement and will be until jeff Davis
sees the wisdom Of Withdrawing his threat 70 treat
all our officers who fall into his hands a. criminals
BINDMAS's ARMY DOOMED TO DESTRUCTION.
1t is supposed that Gen. Hindman's army is now
Between Gen. McClernsnd aud Gems. Blnnt and
Heron and its destruction or capture is confidently
anticipated.
THE AIR LINE RAILROAD.
Tia line of roads between this City and New York
appeared yesterday by fourteen representatives be-
fore the Committee which reported the AIR Line
Railroad and argued against its construction prin'
eipally on the ground that it was moi needed. The
discussion however had the effect to confirm the
Committee in their sense Of the necessity Of building
Che road.
Contributions FOR FOREIGN MISSIONS.
U6der the preaching Of Bishop Simpson to-day,
f9I2 were contributed in the Foundry Chapel TO
Foreign Mistion. $l5O Of the sum was obtained
through the suggestion to make Mr.. Lincoln, who
wa. In tie audience, life member.