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Future action of the President.

--It is rumored in well-informed circles that the President will withdraw the Provisional Governors of the several States as soon as the Constitutional Amendment is adopted, the freedmen given the right to testify, and the rebel debt and act of secession declared null and void. The military force will then be withdrawn, and the Freedmen's Bureau also withdrawn as soon as the proper spirit is shown to give the freedmen a fair trial. That he then considers the work of reconstruction complete, and he cannot but recognise them as States upon an equal footing with the Northern States; that war will be declared at an end. Large numbers of those now excluded in the Amnesty Proclamation will be pardoned by another proclamation.-- Associated Press Dispatch.

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