The national Republican., 1868-12-10

The Message-The Views OF the Re-
publicans OF Congress ON Its Lead
ing Feature-The Proposed Long
Recess-The heUnrecOnstructeds states
Rcted-The Utter Explosion of tho
Security for the Future TO be Ex-
Former State's.Rights Doctrine.
DgCgNBrR y, ls6s.
To rue REPUBLIcAS The message was
more eagerly sought In both chambers Of Con-
gress to-day, on its promulgation there, than
had been anticipated. The telegraph brought
hither early in the morning tho synopsis Of
its contents, as published by the "illustrious"
Poueroy in New York city. That gave 1t
this unexpected interest in Washington. In
the estimation Of the Republicans Of both
Houses, 1t is held to be renewed declaration
of war against them. I do not believe, how.
ever. that they will strike back, i" as they
hold that the result of the Presidential cleo
tion is the highesi possible vindication Of
their policy, which the President again assails
as vehonently as before tho grand inquest Of
the nation rendered its so signal verdict in Its
favor. Though President Johnson continues
to regard It unconstitutional, and as being
the cause Of the vast current expense Of car
rying on the Government, they are content to
know that the couutry has indorssd its con-
s,itutionality, and decided that the aagraut
continue rebellious acts aud attitude Of the
really unreconstructed States OF the South are
costing the taxpayers Of the United States
the enormous extra pro rata taxation to
which President johnson so foroibly calls
public attention.
The fear was generally expressed In and
around both halls to-day that the Presidents
comments on the 9overnmeu; bonds and bond
holders will run up gold unduly, and will also
greatly depreciate the value ofthe public secur.
tiles In view Of tho TACT that the attitude Of
the great Democratic party in the Presidential
election on the same subject was identical
with that in which the message places th,
President, I anticipate no such result or Of
feet Of the message.
Your reader. will remember that gold die
not go up and Government securities held
their own throughout the canvass All tn,
world know that the majority Of Congress d.
not legislate In accordance with the Prssi
dents views upon any question OF public pol
10y; also that, having the entire power Of tn,
Government 10 their hands, they can aud will
regulate the G,vernment's fuancisI policy IL
accordance with tho views Of the Republican
party. These facts will prevent tho messsg,
from running up gold and running down Gov.
erument bonds, or an much mistaken.
Mr.. Washburne's proposition from the
House Appropriation Cpmnittes) for a rsces'
from the 2lst instant TO N. 18th proIimp was
not we'll received 10 the hall Every member
has more or le,s bills und resolutions he pro.
poses to push through before March I next,
and few on that account will be willing TO
vote for any such recess I dnI more or less
Republican Senators favoring tho proposition
on tho ground that the less Congress docs this
winter the better They prefer to await Gen.
Grants installation ere doing aught that can
be avoided in the way Of raking a new de.
parture IN The matter Of reconstruction or the
Government financial policy.
The dsbAte Of the day on Mr.. Washburne'
proposition to order q vote In Virginia on tho
Goth ofJanuary on the ratification oil the State
constitution, Chat 10 sooner or later to DO sub
mitted to them was full Of interest, as 1t de
veloped Republican Congressional sentimen
upon the existing condition Of the South. tn,
reader of Congressional proceedings will per
oeiye that have been correct In anticipating
that Congress will not permit tho entire abro
cation Of existing reconstruction law, by the
local authorities nnd white hrunioni,ts nf the
South Mr. WasbburnO nJWI, p,'rsto yo,tyou,
the vote until April 20, lest tue iIsugipnis VI
Virgins may prevent a fair vote by intimi
dating the negroes 10 connection with tho usua
January hiring Of labor for the yoSr-th'
custom throughout the South. He wsnts
ere the vote 10 taken, such an administration
Of the General Government In power, al
General Grant will surely make, to pre-
vent such wholesale concerted intimidation
Of the eolorsd voters as occurred at the Presi,
Dental election In Georgia, Louisiana, and
gOmo portions Of Alabama. General Butlor