Show SQUAL SQUALLY LY LESS than a week ago the whole country was looking aag eagerly 3 erly and impatiently to the inauguration of gen grant as chief magistrate of the united states scarcely a tongue orpen in the couil country try seemed to be employed in abusing or depree deprecating the president elect and the noti notion ca n seemed to be general that immediately upon his accession to power the wheels of national legislation would begin to move harmon harmoniously the fact of gen grant having been elected to the presidency by the republican party favored this view for that party having a large majority in both branches of the national legislature was a an n augury that they would work byork harmoniously with a president of their own election after e the inauguration the was on the tiptoe of expectation to learn who were the members of the new cabinet for with grants usual reticence he had scarcely pc arcely dropped a hint by which his most i intimate friends could infer who were the chosen band at last the announcement was madland ma the choice has not given such general satisfaction east and west as might have been expected the comments of the press are not at all favorable to the members of the new cabinet E B washburne and A T stewart are well and favorably known the former as a statesman of ability irreproachable integrity and matured experience the latter as one of the leading bus business ineis men possessed of great financial ability but without political experience the other name the exception of cox of ohio who is a young man of considerable promise and is looked upon as one of the rising men of af the country have no reputation that oan can tru truly lybe be called national I 1 it is rumored that bovie the gentleman selected for the navy and hoare selected for the attorney generalship are not inclined to accept omee office that mr washburne the secretary of state has resigned or will do so dimmed immediately la tely rely and that A T stewart selected for or treasurer is ineligible the last fact was foreseen by the president and one of the first acts official career was to request congress to repeal repeat the law of 1798 which prohibits any man engaged in trade trad from efrom holding the office quest the senate has refused to comply wit hand ono one or two bills introduced by members for the bame same purpose have been tabled this refusal seems to be dictated by wisdom for though the honesty and integrity of mr stewart are doubtless far beyond suspicion and may diot riot be impugned or by bathe two houses of cid cis congress yet if this law were once repealed the immense power over the f finances finances of the country which the places at the disposal of its ita possessor might at sometime some time be used largely Jar gely for r his individual benefit and ment but the refusal however sound the policy which dictated it to accede to the first demand of the executive is by no means calculated to promote harmony and good feelings between the two branches of the government con gress also manifests reluctance to repeal the tenure of office act which president grant decidedly favors if coming events throw their shadows before this action of congress in relation to the wishes and will wui of the president seems to indicate that grant rry may have to fight against ail an opposition similar to that of which his predecessor so bitterly complained while the refusal of congress to repeal the law jaw in relation to the has doubtless been dictated by the soundest policy in this special case it almost appears like a misfortune to the country for tho though u teh 1 mr r A T stewart is unknown in the ep political world he has achieved a name and fame in the financial world that is unsurpassed if a man can conduct with success a business the sales of which amount in the aggregate aggregate regate to about fifty millions of azg alg ollars dollars a year such as mr stewarts it braves praves that abat he be must of unsurpassed financial ability and euch luch buch euch a man ia absolutely necessary as the head hrad of the treasury department of the g greatest eal eai test nation in the world T to 0 overcome the provisions odthe of the law it I 1 is s said that mr yin stewart has re solved upon renouncing all alf interest in his en enormous business affairs during his term of office and to place the entire profits at the tho disposal of three be used exclusively bethem fo for the benefit bublic charities charitina char itiba of naw PW vork tork 0 rk city thib this chis would prove t that hat gentleman to be the possessor of an eitra extraordinary ordinary a amount mount of patriotism for these days or of an in intense tense desire to hold hoid a cabinet appointment but it is hardly handly likely that either the one or the other would lead any inan man to td mh make such sueh an ail en enormous oTmous pecuniary sacrifice as this would involve ana the report may be more knore than a eanard canard the new york berald herald advises grant to insist upon the repeal of the law of 9 and to make it a test of the loyalty of congress to his administration assuring him that in case of a rupture he may rely upon the support of the people of the nation in such an event this assurance would be very likely to be realized by the president but merely for the sake bake of retaining mr stewart in I 1 hi his cabinet however much he may desire to do so it ia Is not at all probable oba le taht the president mit wit I 1 will push bsh t things ings to such an extremity while there are eligible and able men to to be found in the tha country should mr besign tiie the pa position of secretary of state which from private vate advises advices and other sources we trl irl have ave been led to believe probable on account of the precarious state of his health we ho hope to beethe seethe see ste the tia president tender to E t this is gentleman one of his long tried and trustworthy personal friends a position that will be worthy of his abilities and of the c confidence reposed in him by allwoo all ali who know him while the state of affairs at the national ca capital is as above described excitement cit and uncertainty will prevail throughout tah out the coun country and ai at ohp the bame same time the e great work w which aich shenew administration has assumed the responsibility of performing will be obstructed it Is to be hoped however that wisdom will yet prevail in the nati national odai odal coun cil ell sand band that from them as a mony w will ill speedily radiate throughout the entire nation |