MOST IMPORTANT.

Southland Times, Volume III, Issue 257, 11 May 1866, Page 2

MOST IMPORTANT.

[The following appeared in the "Southland Times Advertising Sheet," of May 10] : — We are indebted to the Southern Gross of the 23rd ult., for the following American news, brought by the barque Novelty, Captain Austin, from San Francisco. The New York and Washington dates,are to the 24th, and San Francisco to the 26th Feb. :— New York, 15th February. A destructive fire to-day destroyed the City Assembly* Eooms, the Ameiican Theatre, and several stores on Broadway. Loss, 200,000 dois. # y Nashville, 15th February. General Sweeney and Colonel Eoberts (Eenians) arrived last night, and were serenaded by a band. - To-night they ad-, dress the Eenian Brotherhood at the old theatre, and preparations are being made to give them a big reception. The proceeds of the sale oif tickets will be applied to the purchase of arms. "Washington, D.C., 20th Feb. Last Saturday, Lieutenant-General Grant issued an order requiring the military commanders in the South to report the names of newspapers exercising a pernicious influence, that the same might be suppressed. Yesterday, the President in effect revoked the order, by • allowing the Eichmond Examiner to re" sume publication. A miscellaneous crowd, headed by Judge Hughes of Indiana, Green Clay Smith, and George Francis Train, with a band of music, serenaded the President last night, in honor of his veto messages The President did not respond. The President's veto message is all the talk. The first remark of everybody was that the President did not write it, and the next remark that the President haa * separated from the majority ia Cpngreai

and gone over to the other side. All agree that the message is most ably written and is an admirable argument, presenting incontrovertible points. The common belief is that Mr Seward wrote or revised it ; hence comes the speculation how the Cabinet stood, and report says that Messrs Seward, M'Culloch, "Welles, and Dennison favored the veto, the others opposing. The effect immediately apparent here is marked between joy and anger — perhaps dismay. It is only too apparent that the breach is widening between the President and the Radical party, whether to wide for either to jump across, or whether either is disposed to jump, remains to be seen. The veto having been addressed to the Senate, the question came up at one o'clock to-day, whether to pass the bill over the veto, which was lost by a vote of 30 ayes, to 18 noes, not two-thirds. The question was lost, therefore cannot reach the House, the veto having been put on general grounds. No attempt will be made to pass another Freedman's Bill. The question of reconstruction has become muddled and doubtful, more especially if the President signs the Civil Rights Bill, pending in the House, which has become doubtful since Summer's Radical opposition, or if the representative Constitutional amendment passes the Senate. Speaking plainly, matters will . be brought to an issue — at present, all things are very much mixed. Rumors that both Stanton and Harlan will resign, in consequence of the veto. Chicago, 21st February. The Chicago Tribune says of the President's veto : — " Since the closing scenes of the war and the sad horror of the assassination, no event has created such profound sensation as the formal act by which the President has severed himself from the loyal party and -united with its enemies, North and South, before the Union is yet restored, or the war fully* ended. The President's veto will at least have one good effect, namely, in affording conclusive proof to doubting souls of Johnson's recreancy to the great cause for which our people laid down their lives and their property, and convincing our citizens, by the logic of most ugly facts of the backsliding of their chief Magistrate!" The Chicago ABepublican says : " The country will learn with amazement that the President has vetoed an Act whose title might justly have been an 'An Act to enforce a Bill of Rights.' On that issue he appeals to the people from the decision of Congress, and no doubt Congress will gladly and unhesitatingly accept the challenge, and the people will sustain them." The Chicago Times says : " This veto assures the country that the Radicals are impotent against the President. Good men may breath freer. The country has been saved a great calamity, and is sate against similar calamities in the future. It has been a sublime triumph of right over wrong." The Washington Chronicle says : — " The veto is a cause for universal solicitude. The surrender of Lee was only the beginning of the rebellion. The defeated traitor threatens again to become triumphant dictator, even from his strong cell in Fortress Monroe." The New York Tribune says : — " We deeply j regret the veto, and think the President will live to regret it more deeply." The New York World says : — " President Johnson has nobly sustained his character for steadiness of purpose, and political courage." The New York Times says : — i " The veto implies no essential difference of opinion between the Executive and the majority in Congress on the primary object of "the bill. He seeks to reach the end aimed at by the other, by what he deems less radical agencies." New Hayek, 21st February. The Democrats here are firing guns and otherwise jubilating over the President's veto. Dayton, Ohio, 20th February. The Democracy had a jollification over the veto this afternoon, firing 100 guns. Yalhmdigham made a brief speech, saying the Democracy did not elect President Johnson, but now their duty is to stand by him. He announced a mass meeting for exultation. A flag floats from Vallandigham's window. Washington, 21st February. On account of the excitement attending the veto, the usual President's reception was not held last evening. Except that the veto has demonstrated that there is not two-thirds majority in the Senate, President has gained nothing. The majority of 30 against him is stronger than ever. The Reconstruction Committee, although prepared to report favorably on the admission of Tennessee, postponed all action in the case, and it is doubtful if any Southern State will be admitted in the Congress. Ben Wade, in a speech yesterday, denounced the President, and said any one who would favor the admission of unwashed traitors to Congress was a traitor himself at heait. Chicago, 21st February. Private advices give a rumor that preparations are making to impeach President Johnson for mal-administration of office, upon the specific charge of misdemeanor, nnder section 4 article 11. of the Constitution. The particular specification is abuse of power_in the reconstruction of the rebel states, and pardon before trial of high rebel functionaries. The House has power to draw a bill of impeachment, to be tried before the Senate, Chief Justice Chase presiding. The movers in this matter consider that a healthy example may be made for all future Presidents. Washington, 23rd February. The resolution which passed the House forbidding the admission of Southern members was taken up in the Senate; Mr Sherman opposed the consideration of the question, saying that it could not be fairly discussed at the present time. Mr Fc->senden said he called up the motion because he considered it of great importance. He denied that there was any disire to get up a quarrel between the President and Congress. If Congress is placing itself m the way of re-construe« tion by keeping out tie members Irom

the South, it ought to know it. Mr Fessenden took the floor on the resolution, arguing that it , was the determination of Congress not to act upon the credentials of the Southern members until they had passed a law for the admission of the Southern States. Mr Fessenden read from the President's speech a paragraph stating that the States had no right to go out of the Union, and that he still maintained the theory that when . the States gave evidence of loyalty and obedience they should be restored according to the tenor of former relations. Mr Fessenden argued the right of Congress to inquire whether any of the conditions named by the President had been complied with, and said the Special Committee was nothing more than a servant of Congress, and could not set up any authority against that body, which had made it. On the subject of the bill vetoed by the President, he said he had never been a very warm friend of the bill, but he yielded his objections because he thought the powers conferred by it were Constitutional and their exercise necessary. He voted to sustain the bill when it was returned, because he objected to the closing portions ofthe veto message, expressing the opinion that the Congress, could not make a law to tax any State unrepresented. President Johnson has directed the heads of the several Departments to withdraw their advertising patronage from Forney's Chronicle, which has taken a decided stand against the policy of the Administration. The caucaus of the Republican members to-night, at the Capitol, after a full interchange of opinions on the state of public affairs, indicated a disposition to treat the President with all propriety and kindness. The caucus betrayed no symptoms of any surrender of principles, nor any of the rights of the Legislative branch of the Government. New sTork, 24th February. The morning papers contain further correspondence between the United States and the British Foreign Office, respecting the Shenandoah. Mr Seward refuses to recognise the vessel as the Shenandoah, asserting she was never other than the British registered ship Sea King. The entire correspondence is summed up by the London press as of an irritating character, placing the question in a less satisfactory manner than ever. Chicago, 25th February. The Rev. Henry Ward Beecher, in his recent speech on the President's veto, takes the ground that the negroes in the South have an inherent and inalienable right to vote, and that any system of reconstruction which deprives them of that right is wrong. He thinks the negroes' right to vote ought to be guaranteed by a constitutional amendment, and so secured by law. Having thus placed himself, he r.ext proceeds to overturn himself by advocating the restoration of the Southern States' representatives to seats in Congress, just as they are, trusting to the laws of labor, supply and demand, self-interest, gravitation, and divers other generalities, to secure a ballot for the freedom by-and-by. Mr Secretary Seward telegraphs the President : " The nation is restored and the country is safe. The President's speech is triumphant, and the country will be happy. (Signed) " W. H. Seward." Governor Stone telegraphs the lowa members of Congress : " The loyal heart of lowa is warming anew, and not faltering here. The Radical majority in Congress will be triumphantly sustained, and the Republican flag not be lowered. Stand firm, whatever the President may do. The Great West is as immovable now as she was during the dark hours of rebellion. No compromise with traitors, either pardoned or unpardoned. (Signed) " Wm Stone, " Governor of lowa." New York, 25th February. The Herald's Washington special despatch says Mr. Seawards speech before the Cooper Institute meeting is invested with additional interest and significance by the fact of his receiving two or three despatches from Senator 3Sye, and others in this city, stating that the President had made a terrible speech — one that he could not possibly approve or endorse — and that it must inevitably break up the Republican party. Mr. Seward was not deterred, however, and on learning what the President had said, telegraphed his full and cordial approval. At a meeting of the friends of President Johnson, at Cooper Institute, last evening, a committee was appointed to call a public meeting to take measures for the establishment of Johnson Clubs throughout the city and State.