, 1864-07-04

Mr.. Clsco's place, followed by a difference OF
opinion between himself and the PresIdent
wns the occasion Of Mr. Cbase's resignation,
ct which his injuries at the hands of the
Blairs was the cause. Mr.. Chase wanted
Mnunsel B. Field appointed in New York.
The President wished the Office for Mr. Hill
house, ex-Gov. Morgan's candidate. Mr.
Chase desired the President to send mes
sage 10 Congress eu,bodying bis views upon
the necessity Of enhancing the rates Of taxa
ton In the bill on its passage. SO as to rulse
lightly five millions more money. This the
President declined to do.
In the heat Of his resentment at both refa.
sails, Mr. Chaee rendered his resignation and
Withdrew. BE could not have known that
It was accepted until after the message was
sent to the Senate this noon, nominating
Gov. Tod, for be Tas, during the forenoon,
In conference with The Finance Committee,
| and In conversation with the members of the
Ways and Means Committee, fully md labo-
rionsly attending to the duties Of big Office
in its relations with Congress during the pas
EaEe of.a financial measure.
FOURTH DISPATCH.
Judge Leach Of Ohio, Solicitor Of Sixth
son Of Ohio, Mr. Chase's appotntees, have
Il is said that Mr. Harrington, Assistant
Secretary Of the Treasury, resigned to-day
Mr: chittenden, the Register resigned some
News was circulated In the Senate, at O
o'clock this evening, that Gov. Tod had de-
clined the appointment by telegraph on the
request Of the President.
Under no circumstances Will Mr. Chase re-
The impression here, at II. o'clock, is that
new and greater changes will Immediately
take place.
Especial Dispatches to the N. z. Times,l
WASHINGTON, Thnrsday. june 30.
The announcement of the resignation OF
Secretary Chase, this morning, produced
quite al much surprise in Washington as 1t is
understood to have caused in New York, al
though there was no room here for the same
incrednlfty with which 1t Is reported the It'd
ings were received in New York. The start
Of countless speculations and theories,
both as to Its causes and It's proba-.
BILE consequence" Many Of these were
Of the widest aud absurdest character,
and without, giving them my further cur
rency, the true cause Of the resignation
Of Of !, the Secretary Of the Treasury is contained
ln the following simple statement, which I
derive from indubitable authority. In the
appointment OF a successor to Mr.. Cisco,
Mr. Chase took the ground in q letter ad-
dressed to the President, that for tho satifac.
tory conduct Of his department., he required
LAG 1Rko4AtuAE4L u u1H own 6QD0fulQateS.
The President replied dissenting from this
view, and last night Mr.. Chase sent in his
resignation. To-day the matter was taken
up in Cabinet council, and the Secretary's re-
tirement was accepted. Tint this was the
Immediate cause Of Mr.. Chase's withdrawal
is d matter Of positive certainty, though
Of series Of remote causes md the step Is
one which it Is believed Mr. Chase has con
templated for considerable time. Indeed,
1t is well-known fact that day or two be-
fore the charges were preferred against
Mr Chase wrote ont IT, bis s44d resignation,, alton,
and Senator Pomeroy had it In his pocket.
But when the charges vera brought forward,
to tender 1t until the matter should be fully
investigated, aud accordingly it was not sent
forward. This forenoon the nomination Of
Gov. Tod, OF OHIO, to be Mr.; Chase's sue.
cessor was received BY the Senate and tmme-
diately referred to the appropriate commit
tee. During the afternoon the Senate FL
nance Committee waited on the President to
endeavor to heal the breach, but Mr. Lincoln
was lmmovab1e, and declared the separation
irrevocab1e.
In regard to the new Secretary, report has
found ground that he Is opposed to Mr.
Chase's financial system. This is not the
case, for both his political traditions and his
present views bring him into close coinci-
dence with the leading features Of Mr.. Chase's
system.
LATER-l0 P. Mt is stated that Gev.
Tod hos refused to accept the appointment
as Secretary Of the Treasury.