The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-03-04
From WaslAfngton.

ing and had long private interview
with the President this afternoon.
He was telegraphed for, in order that
the President might consult him in
regard to the formation of the new
Cabinet. The announcement of the
new Cabinet may be looked for daily;
and if the present Cabinet meets to-
morrow, it will probably be for the
last time.
Secretary Harlan has already re-
signed, and it is reported that Mr..
Speeds resignation is in the Presi-
dents hands. Mr.. Stanton has not
resigned and his friends say he will
not; but that will not delay the ap-
pointnent of his successor.
[ have hitherto refrained from
mentioning fact that have been at
last reluctantly led to believe, name
ly, that it would be prudent in the
President to adopt some measures for
his personal safety. The inhamma-
tory app eals of the radical leaders
have goaded some Of their ignorant
and degraded followers to the pitch
of fury, and they have been led to
regard Andrew johnson as an obstacle
in the way of their fancied rights.
Cor. Nee0 York. Neacs.
WASHINGTON, February 27.-The
Judiciary Committee, it is under
stood, have agreed to report back to
the House, favorably, Mr.. Stevens
bill relative to the tenure of Office Of
Presidential appointees. The bill
provides that no removals from Office
can be made by the President, e1-
cept by and with the consent Of the
Senate. The bill, if it passes, will
be vetoed, of course. Secretary
McCulloch is exceedingly anxious in
regard to his loan bill, now before
Congress. In letter to q distin-
guished gentleman, to-day, he says
that if the bill is not passed, it is
doubtful if the credit of the Govern
ment can be maintained, and ex-
pressed fears that its defeat will occa-
sion a financial collapse
Statistics at the Treasury Depart
ment show that there is no founda-
tion for the commonly received opin-
ion that there is balance of exports
over imports in our foreign trade.
The official values of the exports are
currency values, while the valuations
of the imports are in gold figures.
For the three years, 1868, 1864 and
1865, the imports amount to 1885,
600, 900 in gold, while the exports,
valued in currency at 1912, 200, 900
when reduced to q gold standard,
amount to only 1862, 900, 900, leaving,
instead of $156, 900, 900 in our favor
deficit of 1854, ,000,O This is the
true condition of our foreign trade,
and probably explains the cause of
the great flow of our securities to
Europe.
The impression. generally preva-
lent, that Hon. freeman Clarke,
Comptroller of the Treasury, because
Of his connection with the admins
tration of Treasury Department
affairs, comedies with President
Johnson's views on reconstruction, is
erroneous. He differs with him en-
tirely on the question of the imme-
diate admission of the rebel States,
believing that the result will be an
attempt on their part to repudiate the
national debt.
Cor. Philadelphia Ledger.
THE POLITICAL SITUATION.
The general discussion on the
future of the great Union party, in
view of recent events, has been e1-
ceedingly vigorous here for the past
few days, and has thus far produced
most encouraging and harmonizing
results. Comparing the feeling of
last Thursday night with that of to-
day, we cannot but feel elated over
the aspect. This has resulted, in
great measure, from the admirable
temper exhibited by Congress, and
from the wise counsels of many lead
ing public men outside of Congress,
who are or have been here, such as
Governor Fenton, of New York, Co.
vernon Cox, of Ohio, Ex-Governor
Andrew, of Massachusetts, Generals
Stedman, McCook, and others. The
speech of Senator Sherman to-day,
going forth to the country in connec-
tion with the official report of the in
terview between the President and
Governor Cox, will have an excellent
effect in defining the true relations of
the Union party towards the Presi-
dent. In addition to this, there is an
increasing feeling in Congress in
favor of the admission of Tennessee,
and an effort to that end will un-
doubtedly be made this week. Many
Union members who strongly disap-