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Rh weeks before, of the "'Pomeroy' secret circular," in the interest of Mr. Chase, as a presidential candidate, had created much talk, and considerable bad feeling in the party. The President, however, took no part in the discussion, or criticism, which followed;—on the contrary, he manifested a sincere desire to preserve pleasant relations, and harmonize existing differences in the Cabinet. In proof of this, I remember his sending one day for Judge Lewis, the Commissioner of Internal Revenue, and entering into a minute explanation of a misapprehension, which he conceived the Secretary of the Treasury to be laboring under; expressing the wish that the Commissioner would mediate, on his behalf, with Mr. Chase.

Many sincere friends of Secretary Chase considered his resignation, at this juncture, unfortunate and ill-timed. The financial situation was more threatening than at any period during the war. Mr. Chase's administration of the Treasury Department, amid unparalleled difficulties, had been such as to secure the confidence and satisfaction of the masses; and his withdrawal at such a time was regarded as a public calamity, giving rise to the suspicion that he apprehended national insolvency. The resignation, however had been twice tendered before,—the third time it was accepted.

I never saw the President under so much excitement as on the day following this event. Without consultation or advice, so far as I ever could learn,