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of the South, only excepting the military and civil leaders in this great rebellion. Even these Mr. Seward suggests should be allowed their property, but not to be eligible to hold office under the Government. This proposition has been considered in Cabinet council so far informal; but it has developed two parties. Mr. Bates and Montgomery Blair favor it with certain modifications, while Messrs. Stanton and Chase violently oppose it. Mr. Welles is supposed also to be opposed to it. Mr. Usher, who always votes with the President, will decide whichever way that functionary does. The President has as yet expressed no opinion on this subject, but his speech at the serenade would seem to indicate that he is in favor of trying to make good his promise to free the slaves before consenting to a peace in the present emergency. there are a number of leading Republicans now in this city, and the matter has been brought to their notice. They have arranged a programme, which will be