Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1867-08-10

SECRETARY SrANToN.-The subject of Mr..
Stantons resignation is again mOoted with re-
newed earnestness and vigor, and it would seem
| to have become an event of confident eXpecta-
| ton and certain occurrence. A Washington
| telegram, with asserted. authority. says that
for more than a year the resignation of Stanton
has been looked for week after week and month
| after month, the president expecting each new
day TO hear from the Secretary but no word
came, and at last letieI wns drawn up by the
| President asking Mr.: Stanton to resign This
letter was held back for some time because the
breech between the Secretary and President
was daily growing wider. The hostility was so
decided it was thought Mr.. Stanton could not
go on much longer without rendering his resig-
| nation 1t was not until Monday morning, the
5th, that the letter was actually sent Should
/ Mr.. Stanton decline to yield, the President win
undertake to remove him, and the tenure of Of
fee bill it is thought will sustain him in this ex
ercse of the power, as the latter was appointed
by Mr.. Lincoln. -g....-
On the other hand, NIr. Stanton is represent
ed as asserting that the President wishes his
position he must secure it by the violation of
the law The removal. of course, involves the
removal of Sheridan, whose fate for the time be-
ing is lost sight of in this question between the
President and the Secretary. ..e ..-... * ..a--
Since the above was in type tie following
pithy correspondence has come to hand:
| EXECUTIVE MANSION. }
| f-r 7. WASHINGTON, Ang. 5, 1867.
SIN Public considerations of a high charac-
ter cOnstrain me TO say that your resignation as
Secretary of War will be accepted. Very re-
| spectfuIy- ANDREW JOHNSON.
To Hon. Edwin N. Stanton, Secretary of War
To which the Secretary replied as follows:
-..- -...s. . ~ WAR DEpT., Aug. 5. 1867.
Sir Your note of this date has been receiv-
ed, stating that public considerations of high
| character constrain you to say that my resigDa-
ton as Secretary of War will be accepted In
reply have The honor to say that public con-
SdcTations of q high character, which alone
have induced me to continue at the head of the
Department, cOnstrain me not 10. resign the
office of the Secretary of War before the next
mectingof Congress. Very respectfully, Yours
iafaE ta i'as'1= t.- EpwIs NJ. STATION
To the President. s--, ...1 81! rilf I..s
| No further action has been taken by the Pre-
,sident, and the Secretary of War remains at
the Department transaciing btlsiness as usual
The n. Y. Times persistently adheres to its
charge that Senator Wade did, make an agra
rian speech, stoutly advocating lcveling pro-
cess, a division and redistribution of property,
! in his Lawrence, Kansas speech, notwitstand-
ing the positive denial of the Senator himself
and his prominent travelling companions who
heard it. It would seem to he but common
courtesy-but candor and fair dealing, to let the
Senator and is friends interpret tlieir own state
ments. This is Congressional courtesy, and we
are inclined to consider it very good journalistic
courtesy. -- ..--..- L--.-4,..-! =.
TIE UNION PACIFIo RAlLRoAD-OPES 425
MILES. A few weeks since we noticed the open
ing; of the Union Pacific Railroad to Julesburg
377 miles west of Omaha, and we now have to
report its completion to Grow Greek. point
4s miles further west, making atotal OF 42a
miles. Fifty miles of track in addition are gra-
dcd ready for the iron, and there Ia no doubt oil
the completion of the road to the base OF the
Rocky Mountains early in the Fall. The Com
paDy are confident that the whole line to the
Pacific will be open for business in 1870. The
Indians have annoyed the surveying parties and
tie cutters, who are many hundred miles In ad-
vance OF the work; but they have wholesome
fear Of the population that a railroad carries
with it, and all trains run without interruption
The business Of the Company has been most
fiattering. The earnings for the quarter ending
August lst, were about 100000 but as the
report for the last week in July has not been
received, the exact fraction cannot be given.
Those earnings accrued from operating an aver
age of not more than $50 miles of road and
after deducting operating expenses, the balance
far in excess of the interest obligations OF The
Company on the amount OF bonds they can
tissue on that distance. 1t should ba remember
ed that this result is from way business alone,
through a new country, and snot to be COM
pared with the vase through business that must
follow the opening Of the whole line to the Ia
Ecific. The success of the enterprise seems to
be thoroughly assured and can sec no Tea-
son why the First Mortgage Bonds are not en-
titled to rank among the best securities. The
dailys ales are now go large that the Company
alseady cntertain the idea Of advancing the
price