AMERICA.

West Coast Times, Issue 233, 21 June 1866, Page 2

AMERICA.

New Yobk, April 13. The political storm is gathering darkly. Though the Civil Rights Bill has become law agajnst tho will of the President, he is not bouad to put it in force, and it is predicted that ho will not do so. In this case, the majority intend impeaching him and deposing him. President Johnson betrays no fear of the sequel, and is showing an increased determination to extend justico to the Southern States. Tho Radicals are anxious for time before tho next step. Having opposed the President's policy of reconstruction, they propose two measures — first, to exclude the Southern States from Congress until 1867, then to admit them on condition that the negroes be entitled to the elective franchise ; second, a plan to admit States gradually, allowing negroes to vote or exclude them from the basis of representation altogether. Tho Radicals are aiming at making Chief Justice Chase President. At present they are powerful, and are exercising a tyranny unprecedented in the history of civilised government. The "Times" correspondent states : — Tho history of this Session proves there is no country where majorities rulo

so despotically, or where tho people submit so patiently, as in America. Freedom of debate being now practically impossible. The Radicals, flushed with victory, are avowing their intention of keeping the Southern States out altogether, and taxing them without representation. The President waits calm and resolved, dealing as if the welfare of tho country depends upon the restoration of the^ Southern States to the Union ; if not admitted, a war of races will result. On the 12th April, the Senate passed the Loan Bill, and tho President subsequently signed it. The question of dealing with Jefferson Davis was again mooted, but nothing is decisively arranged. His health is giving way. Money abundant. Gold, 126£. Exchange on London, 135£. Cotton, firm and active.