Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-03-09
POLITICAL.
The Situation nj Washington-Rnm
Ored Resignation Of Cabinet Olicers
Caleb Cushing's Canal Treaty, etc.

Washington dispatch says it il under
stood that Mr.. Stewart fully appreciates
the peculiar situation in which he has
been placed, and will tomorrow forms
ally offer his resignation of the portfolio
OF the Treasury, thus relieving all con>
cerned from the embarrassing and delicate
position in which the force of eircums
stances has placed him. Gov. Boutwell,
will be offered the Treasury Department
and he will undoubtedly accept. This
turn of affairs has been intimated to
Judge Hoar, and it is expected that he
will tender his resignation to President
Grant tomorrow, and the Attorney Gen.
eralship will then be offered to Judge
Pierrepoint, Of New York.
The President to-day will send to the
Senate communication Withdrawing his
message of Saturday, and at the same
time send IN the nominations.
The Tribune says Of the new House
committees Gen. Schenck remains at
the head Of the Ways and Mears. Gen.
Garfield is expected to take Judge Will
sons place as Chairman of the Judi
ciary Committee, and Gen. Logan will
take his place. There is a vacancy of
tho head Of the Military Committee. The
Craftsmanship of appropriations held by
Mr.. Washburne is to be offered to Henry
L. Dawes, of the Springfield, Mass, dis
trlct. Banks is expected to remain at
the head Of Foreign Relations in the
Senate. Gov. Fenton takes the place on
Finance Committee and Pacific Railroad
Committee, which Gov. Morgan vacates.
Fessenden takes MOrrilPs old place at
the head of the Committee on Appro-
priations, and young Bayara that Of his
father on Foreign Relations.
The Herald advocates the repeal Of
the law compelling a man to give up
business in order to be eligible TO the of>
flee of Secretary Of the Treasury. The
law as 1t stands is an obsolete one, and
has been raked up by treasury teaches,
who feel that Stewart knows them too
well, and the sharpers are determined to
make bold fight for retention of their
officers and plunderers. 1t is not wise |
for any faction in Congress to make a
stand against the administration on this |
point. If they do, the President will do |
well to make a bold fight Of it. If he |
does he will win, for the people, the |
sensible people of all parties, were with
him. He will win, because common
sense and republicanism are to rule for |
the next four years.
The Herald says Cushing's treaty for
the Darien canal was negotiated in the |
Interests Of the Panama railroad instead |
of promoting the early construction Of a |
canal across the American isthmus, and |
is so contrived as to prevent one from
being built.
WASHINGTON, March S. Ex>Vice |
President Wade who is about retiring to |
his Ohio home, was the recipient of nu-
merOus visits from his old friends in |
Congress yesterday, who came to say
good bye.
PHILADELPHIA, March S-A special to /
the Telegraph says that in conversation
with Mr. Blaine, the President replied |
that as Speaker Of the House and under
the circumstances he had right to know
and he would therefore be frank and say
to him that Mr. Stewart had cOnclud i
to resign, and that the Massachusetts,
delegation would withdraw Mr. Hoar
at the latter request, and that he would
appoint ex-GOv. Boutwell, as Secretary
OF the Treasury
New YORK, March S.--The Express
says the chief topic of conversation in
financial circles to-day WAS the political
at Washington
Early in the day Mr. Stewards resig-
nation was reported, and was quickly fol-
lowed by the announcement that Bout
we'll would succeed him. This was sue,
ceeded by kilograms that Boutwell, 8
chances were slim, and that Stewart had
requested the President to appoint David
A. Welles, coupled with the report that
the President asked until to morrow to
consider the matter, and that the Senate
had adjourned.
The latest telegram reported great ex>
citement in political circles in Washing,
ton.
These various reports created an I'M
settled feeling here, and gold fluctuated /
frequently, while operations in govern
ments were checked to q great extent
Most interest is manifested relative to the |
cabinet, and the new Secretary of the |
Treasury and his policy. The question
of certifying checks by banks for bro
kers before funds are in bank attracted |
much attention. The banks have not |
vet received official notification of the |
passage of the law from the Comptroller !
of the Currency, but many of them re-
fused to certify to-day, while others cecn
tinued the old policy. The law is likely |
to be eVaded, as "a broker in good
credit, by keeping two bank accounts,
can draw checks from one and deposit
them in another, provided he makes them
good before the close of bank hours.
HARRISBURG, Penn, March S.-Sena
tor Lowry to-day read la the Senate a
bill ratifying the 9th amendment, which
which was referred to the Committee on
Federal Relations
PORTSMOUTH, March 8-A telegram
from Washington says Stewart resi- med |
and Boutwell, accepted the Treasership. |
Hoar doesn't enter the cabinet
New YORK, March S.--Mr. Seward |
arrived at Auburn last night, aud will
probably &? to Aiken, S. C., 10 visit his |
old friend ThurloW Weed.
Augusta and Bangor, Maine, elected |
Republican Mayors, and Be lford Dem~
Ocrat
ATLANTA, Ga, March S-The Senate
to-day passed the general educational
bill.