Year: 1865

at is confidently believed by persons in high
official position that formidable combination
exists to force through Congress bill for at least
partial assumption Of the rebel debt. .'-IYdSh.
tHgtOR Correspondent TribUHs.


It's impossible to say what ''persons in high
Official position may or may not confidently
believe;" but tve do not believe that anybody of
ordinary common sense believes in the existence
of any such combina nation-Neto York Times.


Without pretending to any such intellect
ual brilliancy as is displayed in the above
comment, we may say that we have been
blessed with sufficient common sense to en-
able US to earn modest subsistence by our
daily labor, and up to date we have been able
to keep our elbows out of the Mincio. Yet,
without knowing what persons in high official
position may or may not think on the sub
ject, and without knowing upon what in
formation the Trt6Wne'S dispatch was based,
we do believe that powerful combination
exists, and that the attempt to saddle upon
the loyal people of this country the whole
rebel debt viii inevitably bo made.


There are about three hundred millions Of
securities Of one sort and another available
for the purposes of this combination-an
amount sufficient to make tho enterprise the
greatest speculation Of this or any other age,
and will furnish a corruption fund large
enough lowell, large enough to do great
deal Of mischief And this property is largely
in the hands of those mon who are just now
making themselves most conspicuous as the
representatives Of n new blown southern 10y
atty. There are men in this city, loudly
supporting the President after their Pc
culiar fashion of denouncing as villainous
fanatics all those who stand by him and his
record--who represent large interests Of this
kind; and the Times can safely bet its entire
digestive apparatus that seven out of ten of
the Louisiana Democrats who endorsed the
President" the other day by assailng his
principles, are large stockholders in the con.
cern.


Does anybody believe that the innate mod
esty of these people will restrain them? If
there be such an unsophisticatod person, we
will not charge him with wanting common
sense, but We may be permitted to say that
he don't know much Of human nature, ,iespe.
cially the rebel and cOpperhead branch
thereof. Moreover, he cannot be familiar
with the current news of the day. In the
Red River cotton cases, lately tried al
Springfield, Illinois, French house doing
business in Havre and New Orleans appeared
as intervenors, If they have any claim at
all upon the cotton, it is a. creditors Of The
rebel government, under q contract made
through Mr.. J. D. B. DEBow, and Of THU
ample evidence, taken from the books of tn,
house, from the lips ofsits partners, and pro
cured from other sources In Europe, has beer
on file in the Departments In this city three
years. The sweet innocent who thinks the
creditors Of the rebel government are too
generous to make an effort to secure their
pay is too conGdlng by half and IL he fur
ther supposes that there are not men claim
ing to be loyal who win offer bribcs, and
other men claiming to be loyal who will
accept them, he must be clothed in Iiv-
ing greenness, which should never he
trusted unprotected and alone within
league Of mock auction shop.
1t is not necessary to go back great
while, over the nles of the New York IVo,lL
to hhdthst il suggested, as something worthy
of discussion, the prppriety Of assuming the
rebel debt when peace should come, and the
conductors of that paper have a good deal Of
worldly common sense


We assert, then, that a formidable CON.
bination does exist for the purpose de-
clared by the TribWnsj that it has great po
litical and financial influence, and that there