The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1864-07-29

FROM CINCINNATI.
Hon. John sherman on the General
and military Situation.

CINCINNATI, July II, 1864.
Senator Sherman was serenaded at the Bur-
net House last right. He made q speech from
which the following are extracts:
have seen great deal of Mr.. Lincoln. In
my Cff1cial relations with him have had occa-
sion to differ with him, sometimes very decid-
edly; but l feel bound to say that when his
measures had been examined critically and un-
der the light of all the surrounding circum.
stances, they have been found wise and success.
full
His proclamation of emancipation was not
made till every loyal man must have felt that
the slaves were either to be mustered on our
side or aga INST us. They were employed as
the most valuable aid to the rebels and woud
have continued to be their most valuable aux
Hilary were it not that the idea of freedom has
impaired their value as slaves.
The arming OF slaves was postponed till the
prejudices of our people gave way to the abso-
lutte demand for troops to occupy and hold i'm
pOrtant positions in the South.
Tn re is not a single act of Mr. Lincoln's
that l can recall, but has been justified by
events, unless it has been his earnest desire to
conciliate his political adversares, and thew
surely should not denOunce him for this He
has occupied q position of greater difficulty
than any man in our generation; and if YOU
could see the anxious sollcitude with which he
performs all the duties of bis office the pa.
tient endurance, the care and kindness with
which he reccnciles opposing opinions, you
would know how well grounded his popularity
is with the masses of our people
Abiding to the change in the Secretaryship
of the Treasury, MIR. Sherman said:
l sincerely regretted that any change was
made in the Treasury Department; but since
it had to be made, no Change could have been
more favorable to the public interest. I have
been associated with Mr.. Fessenden, as MEM
has 81 osttnn
years, and can assure you that he brings to
the discharge of the very difficult duties of
his Office. great ilitv and full information of
every branch of his official duty.
He has taken prominent part in framing
every important financial measure, and as
Chairman of the Committee on Finance has
perhaps more familiarity with the whole sys.
tenn OF Revenue Laws, and more responsibility
for the form in which they now appear than
any member in Congress. He will receive the
cordial support of all the leading tinapciers of
the country, a-d may avoid many difficulties
of opposition that Gov Chase was COMPELLED
to encounter. The taxes will produce at least
One-half of the expenditures, and we must de-
pend for the other half on the voluntary loans
OF the people. Their resources are sufficient
to furnish even this large sum without affecting
III the least any of the ordinary business of the
community. We have reached the limit of pa
per money and will hear no more about nfiat-
ed currency Those among you who will
transact business on the idea that the currer cy
of the country is to disappear like the assignats
of the French ,evOlutiO !. will surely meet ruin
and disaster. This country can carry on the
war in the present basis of expenditure without
borrowing from any traitor, croaker or coward,
and although the debt that we may impose on
posterity will be large, very large, yet We must
re member that every ten years doubles our
ability to pay.
Mr. Sherman then referred to the mill AIRY
situation and said we had cause for encourage
ment. We had to meet with reverses in the
past to show US the wOrthlessuess of political
Generals, and the falsenesS of Conservative
friends; but now, thank God, we have got rid
of worthless Generals and have learned how
to estimate crOaking Conservatism.