The daily register. [volume] (Wheeling, W. Va.) 1863-1864, 1864-11-12

Comm issiOn to Richmond.
Changes to be Made I'm the
Cabinet..Taxati -.
lFRoM THE WORLDS CONSEQUENTLY
WASHINGTON, Nov. 8.
ISL POLITICAL POLICY OF Mr.. LINCOLN.
Now that MIR. Lincoln. is, doubtless, re-
elected, public curiosity viii naturally be
excited as to what will be his future poll
cy. That his warm partisans may urge
him to pursue revengeful course of con-
duct toward the Democratic party is very
evident, and it will be Interesting TO notice
how far he will yield to these party inHuen-
ces. 1t is to the credit of some infu
entail friends of the administration that
they are, and have been, urging Mr.. Lin
coin to adopt magnsnimous policy, and
try, if possible, to unite the people of the
country as they were united when he eu-
tered upon his Office in 1861. 1t is under
stood that Mr.. Seward is the leader of those
who advocate this conciliatory spirit.
A COMMAND FOR GENERAL MCCLELLAN.
He argues, it is said, that it is Mr.. Lin
coins duty to give General Mcclellan
command in the army equal to bis rank in
the service. He believes, and always has
believed, that the nation contains no better
soldier than George B. Mcclellan, and that
his assignment to the position of comman-
der of the A my of the Potomac, or the
Army of the James, would be worth re-
enforcement of fifty thousand men, and
would contribute to bring the campaign
| in that quarter to successful issue. The
only question is, as to the manner in which
the radical faction, which has so vocifereus'
" abused General Mcclellan, would regard
this course of policy. They are revenge
full and impracticable, and might make it
| reason for determined opposition TO- Mr.
Lincoln's measures in the coming session Of
Congress. Mr.. Lincoln, however, is master
of the situation, and can, if he is willing VI
face the radical opposition, do as he plsssss
in this or any other measure. s7o. u,
CONCERNING PEACE PROPORTIONS To rHz
SOUTH.
I Among the subjects now on the tspis ID
the probable offer Of terms Of peace I'd the
confederates. The pledge made By Judge
Pierrepont at the recent Lincoln war meet
ing in New York, that the President would
make determined effort for an honorable
peace Immediately after his reelection
will be probably carried out. IL 10 ex-
pected, if Mr.. Lincoln follows the advice Of
the more moderate politicians that sur
round him, that the proffer of peace will
be made through formal commission Il
Richmond, not to dictate terms, but to
suggest and confer, with Davis and his a.
sociates as to what terms they will be vii.
ling to accept upon re entering the Union
The offer, it is believed, will be . gusran-
tee of all the rights of the Southern States
under the Constitution, with the exception
Of those relating to the institution of do
mestic slavery. If the rebel chiefs will
consent to make provision for the smsn-
cipation of the slaves, some time during the
present generation, there may bsno diff
Guilty in. re>establishing the Union, not ex,
actly as it was, but in some measure a. the
radicals think it ought to be. Among the
gentlemen spoken of in connection with shis
mission, are Hons. Edward Everett, and
VIM. NJ. Evarts, General Daniel E. Sickles,
Gen. John A. Logan, Judge Pierrepont,
and Thurlow Weed. The scheme, as dis
cussed in political circles, involves the ap-
pointment of Gen. Mcclellan to command
in the army, and an order for . draft Of
three hundred thousand more men, 90 that
when the commission reaches Richmond
the rebels may have it to understand that
an effort is to be made to unite the North
and to strengthen all our armies, so that if
the negotiations fail, war can be continued
with more vigor than ever.
CABINET 5PECULATIoNs. .- .-
| give you these speculations - they are
current in political circles here, without,
however, voucbipg for their accuracy Il
is understood that new cabinet is to be
organized Immediately after Congress re-
sumes its sitting in December. The pro-
sramme is for Secretary Stanton to be
transferred to the vacant cbief-justiceship
of the Supreme Court, and for Gen. Butler
or Gen. Banks to take his place; for Score.
tary Welles to be replaced by some young
er and more energetic officer, probably one
of our unemployed mmodores or rear
admirals. Mr.. Fessenden and Mr.. Seward
are to retain the positions they have oil
along occupied. In any event, it IL under
stood that Mr.. Seward is to be the Presi-
dents adviser, and to occupy the position
he has always coveted, Of the power behind
the throne-as great, if not greater, than
the throne itself, -s Il
THE FINANCIAL POLICY. Is
With regard to the financial policy of
the government. it is understood that Mr..
Fessenden, at the coming session Of Con-
gress, will proposea most vigorous scheme
of taxation. A determined effort will be
made to cut down the expenditures of the
war and navy department, while for the
support of the public finances most pitt
less scheme of taxation will be introduced.
and carried through. 1t is considered In
dlspensable for the successful prosecution
OF the war that there should be no further
issues of currency, and that we should pay
as we 60 If we would maintain the credit Of
the government unimpaired. Mr.. Fessen,
den has an honorable ambition to redeem
the finances of the government, which were
plunged into almost hopeless disorder by
his predecessor, and can see ma othar ,v.vI