The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-02-12

The Significance OF BankS's Speech-Inc
Work OF Reconstruction 60 he Taken E1''en
by Congrexs-If not. the President II 70 =,
Impeached More Fuel Needed Tor 'se Na''e"'
Fire.
WASHINGTON, February 3, 1861,
The speech of Representative Banks in
the House Yesterday is regarded as very
sun;acaa.. aud as meaning no more nor
lees than that, IL the President does not
Weld his position to the Radicals, their de-
s,gn Ia TO impeach him. The very forcioie
reo,ark that Thad. Stevens would yieid
20 his policy sooner than he (Banks) would
ext;nguish any ideas that might have mad
existence among his friends, that the
massachusetts, member would enter into
anv compromise with the President by
which the political views Of the former
would be made any less weighty. There
is strong desire among many of the
Grads" to come to some conclusion as to
what will be their future course before the
close Of the present session, and there are
two great questions to be decided. The
first is what is to be the course Of Con.
gress towards the South, and the other is
whether or not the President is to be i'm
pcached. Their object is to get Andrew
Johnson with them, and use him in recon.
structing on their own basis. They GER
tainly will not allow the slightest OF his car
dinal principles with regard TO restoration
to enter into the compromise, If any IS 10
be made. The President has not yet MADE
any expressions as TO what course he WIZ
pursue under the new condition OF AFFAIRS
which is every day unfolding itself more
and more, and it does not seem ina, us
-, ;n,;mate friends can speak Tor MN.
I.saod en- far as the Executive branch OF
NV coyernment is concerned, everything
at standstill, and will, in all proba-
h;,;ty. continue so until the message is
II i said that Chief Justice Chase is the
baod and front of those who are so very
anxious 10 have Congress and the Execu-
tive in harmony: but at the same time he
hos heen assiduous in his efforts at eifectlng
mutual good will between prominent poll
.;n;ans of both sections, with what success
= aIrcady seen. 1t is of no avail however.
EanrrcsS seems determined to have every
,h;ng is own way, and are determined not
90 allow the southern States TO come into
tbo Union at present. IL they should i'm
neacb Andrew Johnson, and another Presi-
dent should be elected, possibly they
wonld close up this question and restore
them TO representation, but at present, it
must be confessed, it does not look that
way. One thing is certain, the rabid ele-
mspt of the Stevens party have not
strength enough to reduce the States
either to Territories or subject them
TO military rule. Much good will
come out of evil yet. The Radicals,
as was shown by the vote ordering
the previous question on the military
despotism bill, are already divided. Be-
fore the next presidential campaign
thew will be more SO. The South will
lose nothing in the end. It's present posi-
tion of mastery inactivity is distastetul to
the extremists, who want fuel for their
fire. If their Legislatures should pass
resolutions denouncing Congress and offer
ing a reward for the head of the mighty
Stevens they would be glad. They find
that they are unable to play the wolf up
the stream much longer, and will have to
conclude their bad temper by getting into
a family quarrel Of their own. This the
leaders see, and are using all their diplo
macy and skill to prevent. IlhoN.