Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-03-09

THE SITUATION -RUMoRs As TO THE Pres
rpKNT's lNTRNTIoNs.-The mist which has
pervaded political circles since Friday last,
has commenced to rise slowly, and the exact
condition which affairs are about to assume is
partially discernable. The Presidents most
intimate friends, and those to whom he looks
for counsel and advice, have not known pre-
| cisely what course he intended to pursue. On
Friday last those of his counsel who were here
were closeted with him a great portion of the
day. That night Mr.. David Dudley Field
who has been engaged by Mr.. johnson, left
here quietly for New York, and during all day
Saturday was closeted there with leading Dem
ocratic politicians. He returned to Washington
early yesterday morning, and was closeted
with the President during the day. This fact
alone, in the present condition of affairs, is re
garded as significant -.
This morning it is stated by leading Demo-
Gratis that the President has fully decided upon
his plans, and that there will be no hesitancy
in carrying them ont First On next Friday
his counsel will appear in Court ready to pro-
ceed with the trial, and will not ask for an ex-
tension of time. They will then object to every
Republican Senator, who has expressed an
opinion to Mr.. Johnson's guilt or inno-
eence on the articles of impeachment, being AL
lowed to act as jurors in the case. This point
they, of course, do not expect to carry, but have
whether Senator'S from twenty-seven States
constitute the Senate of the United States will be
raised. They will take the same view Of this
matter that the President has in all his public
speeches and State papers maintained, that
until ten southern States have their represent
atives in the House and Senate of the United
States, that the latter body is not competent TO
take up, try, and pass judgment on so vital
ana important question as impeaching the
highest officer known TO the Government. Fail
ing on both these questions, the President will
then firmly refuse to proceed with his trial.
asserting that in such a court justice cannot be
done him, and then will rise and tender his
| resignation, and appeal directly to the people
to sustain him, and to pass judgment at the bal
lot box against the Senate of the United States
This, in short, is what the Democrats who
are intimate with the President assert to-day is
the course he will pursue. The story meets
with some credence among Repu blicans, and it
is regarded ny them as a shrewd attempt on the
part of the Presidents friends to make i'm the
Democratic candidate.
A great many rumors are afioat to-day to
the effect that the President intends to resort to
bold means during the next few days to
obtain possession of the War Office, but they
are regarded as rumors.
THE NEW SENATOR FROM MARYLAND.-Con-
siderable interest was felt by spectators In the
Senate galleries to-day in regard TO the proceed.
ings upon the presen tation of the credentials
of General Nickers, the newly elected Senator
from Maryland, it having been given out that
his confirmation would be opposed or referred
to the Judiciary Committee, and that the charge
of disloyalty would be made against HIM.
He was, however, sworn in, after some
opposition by Mr.. Sumner on the ground
that Maryland has not a Republican form of
government. Almost Immediately upon taking
his seat he was called upon TO pay the first
ps nalty for Senatorial position, in the way of
placing his autograph in a dozen albums
thrust in his face by as many active pages
He is an afable looking, medium sized, gray
headed, gold-spectacled gentleman, and in ap.
pearanee, will detract nothing from the dignity
of the Senate.
FUNDING THE INTEREsT-BKARING DERr-
Mr. Wilson introduced in the Senate, TODAY. a
bill (Which was ordered to be printed) proyid-
ing for the con version and funding of the inter-
est-bearing debt and to amend the banking
laws Of the United States.
The first section authorizas the Secretary of
the Treasury to issue coupons or registered
bonds sufficient to redeem he entire interest
bearing debt, except the per cent. forty.year
bonds.
payable in fifty years. and shall bear six per
cent. for twenty years. and five per cent after
twenty years, Interest payable semi-annually
Section third provides that SAID bonds shall
be used solely for redemption and exchange of
existing bonds, and said ex change may be made
until January !, $50, under regulations to be
prescribed by the Secretary of the Treasury
Section fourth lays a tax of one per cent. per
annum on said bonds, and directs the Secretary
Of the Treasury 10 withhold the same from
payment of interest as IL accrues.
section fifth directs the Secretary of the
Treasury to ascertain as nearly as possible the
amount OF tax paid by each State through Its
citizens and corporations, and to pay annually
20 each State the amount of tax receive from
lts citizens and corporations; said taxes to be
IN lieu Of State, municipal, and local taxation
on said bonds.
Section sixth provides for the gradual re.
demption and final extinction OF said debt as
follows: First, by applying ann ually to pay
ne1it el Prmelpal all taxes paid on bonds held
or owned out OF the United STATES: second, by
directing the Secretary Of the Treasury for the
hrst decade hereafter TO redeem annually
ny purchase IN coin ten millions of said debt;
Ioi the second decade, twenty millions anu.
ally; toT the third decade, forty n.;ilIons annu
any; for the fourth decade, sixty millions annu-
auyi yi ior me NTH decade, eighty millions annu-
:" -, or until the whole debt is redeemed.
Section seventh authorizes the increase of
national currency TO five hundred millions dol
lars, and directs preference Of issue thereof TO
sections OF country not adequately supplied
with banking faciiities.
Section eight directs the Secretary Of the
Treasury, when the whole currency exceeds
s7W,OOO,Wt, to retire and cancel as rapidly
are reduced to S2O0,OOO,OOO.
Section nine directs each banking association
| 20 hold its coin interest received on bonds a
special reserve until able to redeem its cur
rency, and not TO use said coin reserve for any
other purpose.
| The CONSTITUTIONAL ALLIANCE."-F. j.
Tucker, the party who was arrested in New
York for undertaking TO raise troops TO sup
port the President in opposition to Congress, is
| in town for the purpose of furthering the in.
terests of a national politico- military organiza-
ton to be called the Unconstitutional Alliance
and which is intended TO be an offset to the
| Grand Army of the Republic" He asserts
that twenty Eight sub-organizations of the
.Alliance" have already been perfected in as
many States, and that its ramifcations will
| speedily extend to every State and Territory in
the Union. PASS
COUNSEL FOR THE PREsIDENr.-Hon. VIM.
5. Groesbeck. who has been here in consulta-
| ton with Mr.. johnson as a legal adviser in
| the matter of impeachment, leaves to-day for
his home IN Cincinnati. All the counsel of the
President have not yet been selected but Judge
| r. R. Curtis, of Massachusetts, and David
Dudley Field, of New York, have been regu.
larly retained.
THE USUAL WEEKLY CANARD Of the resig