Attorney-General.................J. P. Benjamin, of Louisiana.

This Congress included sixty-eight members, of whom fifteen were from Virginia, ten from North Carolina, nine from Alabama, three from Florida, ten from Georgia, six from Louisiana, seven from Mississippi, eight from South Carolina.

President Davis stated in his message that "fifty million dollars had been subscribed in cotton," and that "late crops had been abundant." Among the first acts of this reassembled Congress was to adopt the convention of Paris in 1856, in respect to maritime law, whereby the wishes of Great Britain were acceded to in all respects. This was, in effect, that enemies' goods should be respected in neutral ships, and that privateering should be abolished in time of war. The United States government had demurred to these propositions, for reasons ably stated at the time by Secretary Marcy, and afterwards reaffirmed by Secretary Seward. Had they become a part of national law, Great Britain could have taken every bale of cotton from the ports of the Southern Confederacy without let or hindrance. So far as the Confederacy was concerned, this act of their Congress gave full consent; but the United States still objected, nor had the propositions been concurred in by all other nations. This same Congress empowered President Davis to appoint two commissioners, with full powers, to proceed to Great Britain and other European countries, to negotiate a recognition of the Southern Confederacy, and, if practicable, make treaties of commerce.

Having thus briefly stated the organization, the acts, and the position of the Southern Confederacy with regard to financial and cotton questions—the only questions now under consideration—we will next trace the acts of the United States government bearing upon the same questions.

When the Confederate Congress first met at Montgomery, Mr. Buchanan still occupied the Presidential chair at Washington; but he had done nothing to interfere with the organization of the Southern Confederacy, nor, in his view of the case, had he any power or authority to interfere. One month after, on the 4th of March, 1861, Abraham Lincoln, of Illinois, was inaugurated President, Hannibal Hamlin, of Maine, Vice-President, and immediately after the cabinet of Mr. Lincoln was formed as follows:

Secretary of State....................Wm. H. Seward, of New York.

Secretary of the Treasury.........S. P. Chase, of Ohio.

Secretary of War.....................Simon Cameron, of Penna.

Secretary of the Navy..............Gideon Wells, of Conn.

Secretary of the Interior...........Caleb B. Smith, of Ind.