The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-01-14

succesful beyond doubt and that the next few days
VIII open up which win assonish the people
o. the loyal States Mr. Lincoln Ia now really one OF the
The visit Of Stanton to Savannah, although Il Is not
specially Ior that purpose alone, Is expected IN omcM
circles here 70 develop important peace movements IN
that quarter The representations that have made
70 the government In reference 10 the feeling OF the
pie there have given TO officials in Washington strong
belief that good results will grow out OF the opportunity
that Stanton will offer them return 10 their allegiance
At any rate believed that all necessity for further car
mage and fighting in Georgia will be done away with and
that II the allegiance Of Georgia is not fully restored to
the United States government in short period, that at
least will be placed In position antagonistic 10 Jen
Davis bogus government But few days will elapse be-
fore something definite will be developed from these
three sources We shall then know whether II Is all
smoke not There is denying the fact that Greeley
In his alusion TO the mission Of Blair and Others speaks
commissioners for Richmond before they lsft The
mova Of Butler is believed here have something to 90
with these peace movements.
REIRENENT GENERAL BUrJER
The farewell address OF General Butler to the Army OF
the James has created little commotion here Sena-
tors and members Of the lower House. who have been
strong supporters Of Butler heretofore now publicly
mark that he should DO tried by court martial for the
indecorous language used IN his addross . his superior
hold Butler TO An account The hero Of New Orleans
may soon find that the language with which he
very weapon that will be used close forever his public
The retirement Of Butler to the factories Of
does end the in ns q him There
rich developments In store The public win
have an inside view Of operations in the past which Will
TEE OPTION TRADE CONTROVERSY as. ;
The meaning and grumbling beneath the surface in
dcate that storm OF small magnitude will burst
upon in reference TO the purchase Of cotton In fact
it Is raging with considerable fury beneath the surface
The present law regulating the trade in cotton with the
rebeous States was passed for the purpose Of facilitating
this trade and securing thereby TO the govern
mont For some cause or otheg the military command
os in several localities have thrown great obstacles in
the way as almost to prohibit the bringing out OF cotton
The result IS that the orders and permits, not only OF
the Treasury Department but also Of the President,
have been nuled and the Treasury deprived Of the as
sistance that was anticipated from that quarter
Is UNDERSTOOD tna' Secretary stanton s.ains inc
military commanders in this opposition and that the re-
cent letter Of General Candy tho subject was but re-
Election OF the views held at tho War Department, and
intended to operate upon tho present Congress for re-
peal of the law Of last session At any rate Il was placed
in the hands OF the committee in the House soon as II
received here The President firmly believes in the
policy Of bringing out all the cotton from the Southern
States that is possible In the first place, he considers
such course necessary aid to the finances OF the gov
ernment One fourth Of the proceeds OF all brought out
under the present law direct to the government,
whilst the balance Is equal 70 SO much gold or foreign ex
change and thus directly aids in reducing the price OF
gold and sustaining tho value of greenbacks. In add
ton to this tho greater the supply OF cotton the
family in the country IS ntorcscd is Il IS therefore
considered and in fact Is important auxiliary to tho
finances OF the government II successful IN It's opera
tion tho policy renders valuable assistance where assist
ance Is the most needed 1t strengthens the weakest
point of the government and where II moods strength
more than at other point at present y Is evident TO
all careful observers OF here that II the govern
ment fails to suppress the rebellion It's failure will be
caused by the failure Of the financial department Tho
problom Of military has reached point that
doris 20 doubt Of ultimate success and complete triumph
provided that the necessary funds are furnished to meet
the demands In providing the to carry out tho
plans already formed. The active and prompt move
in regard TO tho cotton captured at Savannah is
owing to the fact that this convict has been forced
home upon tho authort ties here, the intention being
to Immediately send to Europe, and thus
Of IT,
The ten twelve millions Of dollars OF gold or twenty
twenty Ave millions in greenbacks Is 10 DO sure but
small amount in comparison to the demands OF the gov
ernmcnt but it has s effect nevertheless in strengthen
ing the finances Of the government.
The President and the Financial Department Of the
government have been doing all that they to
courage and stimulate the br ngng out OF cotton beev
ing that its result will not only be beneficial in increasing
the OF the government but also In reducing tho
price OF god but that it likewise wcakcus the rebellion,
thcidea being that nine ten,hs Of the planters who sue
the South and thus withdraw their support from its
tumbling and tottering government Instructions
to that all cotton that possible Is got out Permits
freely given under the law Of Congress- and regula
tons drawn up in obedience to that law. But IL seems
that all this is of avail except in few small
amount of cotton brought out and but small amount
OF what could or should be-
PaEsIpEsr GETTING Ills UP
The military seems to stand in the way In fact II
may be said that Secretary Stanton and the military
themselves against tho President and Secretary the
Treasury, on this point. The President has
hS s rssss until Il, w sn,
and policy from that source not only prevents the bring
ing forward OF cotton but it has also started opposition
to the law in Congress- and threatens Its repeal is
not strange therefore, that Mr. Lincoln has become
aroused He has written letters TO General (nnby and
other commanders who have been throwing obstacles in
the way of this law which very plainly show that he Ia
in earnest and does not intend to stand fooling any
longer.
One Of the military commanders In the Mississippi
region will soon wake up with astonishmcnt at the
suit OF his instructions in reference TO cotton Tho
President has written letter which he interpret
but one way He first calls the attention OF this
him. and asks If IL is really possible that he did
the document Then Mr.. Lincoln continues by directly
charging him with obsrcting the execution the laws
Of the country, and defeating the policy Of the
mont After giving the military officer some hard hits
this point, Mr. Lincoln directly informs him that he
has oustcpped his bounds declaring that If the regua
tions under this law ntecred with military operations
In his locality his duty TO report tho facts wherein
It ntcrfcred to the department here, instead OF The
course that he had pursaed.
These letters will bring the whole question 10 focus
very soon. The moment that this correspondence is
brought out which will be very the struggle will
commence. The several members OF the Cabinet,
vol mombers of both houses of Congress- will have
of the Treasury, stanton and those military
mandcrs who have already planted themselves oppos
ton to the law and its regulations. There will be no
neutral ground The result Of the contest viii DO de-
cided by what Is done with the law OF last session regu
lating the cotton trade. Those who decide with the
military official Will favor it, repeal the other will OPP
pose the repeal and favor perfectpg the law by amend
ments 10 make II more practical IN lbs operations.