, 1864-03-11

matc friend Of Mr.. Chasc, who had been
instrumental In circulating, II not getting IN.
the pomcroy circular, called on Nj. Lincoln.
with whom, might add, lie had not been on
very cordial terms tor some time, A prfyate
conversation Was the result Of the fntoryiew.
and both partcd on much more friendly
terms than when they met. I understand
Me question Of the Presidency, and the con
discussed, and that both gentlemen we're de-
clced IN the opinion that 1t was absolutely
necessary Tor the SUCCESS Of the Cause and for
the safety. Of the country, that au should
unite cordially and heartily upon the candi-
date Of the Baltimore Convention, whoever
he might be. The Senator frankly told the
President that his first choice was not kr.
lincoln. Mr. Lincoln responded that he
knew it, and respected Lis personal prefer
cnces, and those Of all good Union men; but
he particularly dwclt On the necessity Of the
hearty cooperation in the next campaign Of
a1l those who desired the restoration Of the
Onion; That was Ills or. I.'s) object.
consideration. AS ns1lt OF lint
interview, probably, may mention The re-
port, pretty widely circulated yesterday,
that M1. Chase was no longer In the field as
pondcncc between him and Mr. Lincoln had
ended by m explanation and reconciliation of
all differences OF opinion, il any had pre-
rioutly existed. The truth is, tie common
danger has warned those whose individual
aspirations had led them to take undue
means to place their claims before the peo-
pie. This is no time for Presidential squab-
b1cs. There is bitter and relentless foe in
arms against the Government. There is
compact and desperate party In the North en-
deayoring to take advantage Of the critical
condition Of the country, in order to attain
to power and place. Whit it would do were
i to succeed In its efforts, may be Judged
tic North and the rebel press 1T the South.
That party is itself controlled BY a faction
firm In It's opposition to the war.
once let it attain to power, and the question
Of the acknowledgement Of the South would
be merely one o. weeks and days. The Union
men are nov in The condition Of the Fathers
at the opening Of tile Revolution. If they do
not hang together they will separately.
There is before tlacm political victory or po-
llGcal death. I am glad to be able to record
then, TINT our leaiing politicians begin to
appreciate the position Of ai1airs, and are
coming forward to cast their undivided atfec-
tions and fortunes with the party Of the
Union and its prospective standard bearer.
There Is one element In our party however,
which am sorTy to sec still continues to
hold ont against the overwhelming tide Of
public sentiment on the subject Of the Prcsl-
dency. TuIs eleluent is that Of portion Of
our German citizens, under the profcssed
leadership Of Gen Fremont. It Is openly
stated, without contradiction, by the copper
head press, tAat Gen. Fremont means to run
rs peoples candidate for the Presidency
should Mr.. Lincoln or Mr.. Chase be nomina-
ted by the Union men. At no time could
such determination be more frnught with
evil consequence TO the country. 1tWoald be
such aid and comfort to the rebels, Nort!, aud
South, as would give them IN immense moral
advantage in both the military and political
campaigns OF the coming summer. It is to
be hoped TINT the sober second thonght of
our German citizens will nip in the bud any
such attempt at dismrmoering the Union
| party and with 1t the country. No sane Un-
ion man can 20 into such movement with
| lis eyes open, as il will turn out to be wholly
| in the favor Of Wood, Eallandlgham, JET.
Davis, d Co.
GOVERNMENT EXPENSES
In my last letter rut down the sum nee
cfeary to be raised By the internal revenue
| and other sources at $sD0, ,000, 600. Since that
was written find the following In the New
York Tribune, which fully sustafns, If not
goes beyond, MY views on that subject The
Tribune says:
It is now asccrtafned that the expense Of
the war and the wants Of the Government
Will require, In addition to means from other
eourres. that The internal taxes shall yield
fully $e0o, COO 600 for the next fiscal tear.
There is no dodginS this necessity. That
sum, with the other revenues Of the Govern
meDt, 1t is estimated WILL pay for the war rs
1t goes, meet interest, and establish sinking
fund, which Ar. Chase is resolntcly bent on
having. Commissioner Lewis has madecare-
fnl estimates upon this subject, and is pre-
pared to recommend to Congress detailed
system Of internal revenue which viii Ger
| tainly produce the required amount.
flNow let Congress come boldly up to the
/ wants Of the country IN this respect I Imp
pen to know that leading Senators long con
nected with the finances Of the country hare
the above views. Why do they not boldly
s'tnkc the tull by the horns u and provide
the only remaining, Legitimate war for the
su6tentation Of the Goyernmcnty
80 TAX on LEAF TOBACCO.
| In Il former letter stated that the Com
nittee on Ways and Means had agreed not
| to tax leaf tobacco. This conclusion has
been arrived at after mature consultation
| and reflection and interviews with Mr. New
Ing to all the data that could be obtained on
the subject It appears that when our tobacco,
! as between 1S4unnd 1850, was Tety low, the
| export trade increased 80 per cent; but
! when, because Of Its great home consump-
ton. the prices ADVANCED so as to be remu-
| ncratiyc to the COVER. as between 1850 and
1sG0, the export trade virtually ceased to in
crease. Our foreign tobacco trade barely
holds its own against countries competent
not only to supply their own wants. but ca
paGle when there Is O scarcity or advance In
price here, to meet the demands Of those na-
tions usually dependent upon rs. In these
facts Congress can see the Inevitable
disastrous effect, not only Of the
proposed excise, but Of any tax
On tobacco leaf without drawback for ex-
portation. Austria, for instance, makes the
production and sale Of tobacco government
| monopoly. Although that county contains
nineteen provinces, the culture Of tobacco is
limited to three Of them, In order to avoid
over production. To what proportions may
! not its production attain If our tobacco is ad-
vanced 80 or 100 per cent At 800 lbs to the
acre 1t needs but $4,000 acres to grow our
| great crop Of four hundred aud thirty millions
Of pounds. Austria could supply the entire
tobacco consumption Of Europe Great Brit
ain is our largest customer. But the follow
ing table will show how small is her depend
| cnce upon us, and sle buys about one half Of
her stock from us aud then only when prices
are lowest. Add fire, ten, or twenty cents per
lb.,to our prices, and the effect VIII
| simply be the entire destruction Of our cx-
I port trade In the article:
| Year,. Imports from Imports from Nev York
! all nations. the u. s. prices.
| Ceat5.
| 1SsG, So ANaS1 $2ES1 I5T 7nGft4A