The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1869-03-10
From Another Reporter.
WASHINGTON. March 8,

w ASulNG1ON1 phhECu o.
The slate is again broken, and the
Cabinet complications are increasing.
1t was thought thatthe matter was sat
isfactorily arranged, last night, and by
the middle OF the week the new ad.
ministration would have fairly opened
shop for business; but it appears other
troubles have intervened, and there is
nothing now but doubt and uncertain
ty. 1t is true, as telegrnphed last
night, that Mr.. Stewart has rendered
his resignation to the President; but
the manner in which 1t has been done,
instead OF relieving Grant, only serves
to increase his embarrassment. Mr..
Stewart is 10th to give up the Treasury
Department, and he has left the alter
native of his retirement with the Presi-
dent, instead CT unconditionally re-
firing. He says to the President: "My
resignation is in your hands. You can
accept it if you desire il; and yet !
should like to retain the Office" But
he does not say: "I will relieve you from
the complications which surround you.
/ will not perform the duties of the Of
fee, and you must accept my with
drawal.". This was the stnte of the case
last night, and 1t is supposed that Stew
arts slumbers were disturbed by the
fear that the President would take him
at his word and accept his resignation
This was the opinion of many, and
there was good foundation for it, and
for the statement that Boutwell, would
be his successor. Stewart. in the mean
time, had discovered, as he thought, q
way out of the troublesome labyrinth
of statutes forbidding officers of the
Government from executing the very
laws which controlled their private
profits, and he made haste to communt'
cate to the President his discovery. He
therefore, proposed to the President to-
day, with the sanction of his attorney
Judge Hilton, to transfer and dispose ol
all interests and profits which may be
derived from carrying on his business
during his official term, the transfer tC
be made to William B. Astor, Judge
Hilton and James Brown as trustees,
and the funds to be wholly and abso
lutelv devoted to the public charities ol
the citv of New York. The profits o.
Mr.. Stewart's business reaching many
millions OF dollars annually, the
magnitude of the proposed gen
erosity is at first appalling, and
1t so Impressed the President
but General Grant was uncertain
whether the thing could be done. and
was unwilling that any member of his
Cabinet should mako such sacrifice
for him without due consideration and
advice. He endeavored to persuade Mr.
Stewart from his proposition, but with
|
seek the best counsel he could secure
and named certain Senators and higE
publi officers whom 1t would be wei
TO consult, Mr.. Stewart acted on his
advice, and Chief Justice Chase, Sena
tors Fessenden, Grimes, Trumbull
| Frelinghuysen, and many other lead
! ing lawyers and statesmen In Washing
ton have had the matter under seriou:
reflection and investigation, and It II
understood their decision quite dis
| heartens Mr.. Stewart. They hold tina
he can not assign, transfer or dispose O
the contingent profits OF business
and inquire what Is to become OF thI
losses, and what there will he done
there is no profits. They also ask Mr.
Stewart If he would not still be in tn
business of an importer, even though
he gave the profits of hii business t
the public charities. On this condi
tion OF affairs the result may easily b
seen, Congress, it is verytsure, will
not repeal the laws,-even Mr.. Stewar
admits that. It is believed he Is alst
convinced, though not satisfied, that II
order to get out OF business, he mas
get out OF it. Therefore 1t 70 presumed
that the President will be forced @ 10 ac
cept his resignation, whether Mr.. stew
art would prefer to remain in the othc
or not: hence Mr.. Boutwell's chance
for the Treasuary are still good.
--LATEST.
Mr.. Stewart, after the fullest consul
tation with the President and the prln
cipal officers OF the Government. IN
cluding Senators and Representive
has prepared a letter Of Hncondlona
resignation of the office Of Secretary
i Treasury, and has also, by The GlG {
counsel, drawn articles of assignment, !
accordance lvith has preUio,lS pT0Posttto
to the President, and he iOiI, to .1toTrou
submit the same to General Grant 10
his acceptance of either. The matte
will be fully considered by the Pres
dent and Cabinet, and it is suppose
will be determined tomorrow night.