The Daily Dispatch: February 26, 1861., [Electronic resource]

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From Washington.

--The Star of this evening says: ‘"We hear that the War Department have advices that Gen. Twiggs has surrendered to the Revolutionists of Texas all the Government military property in his charge as Commander of the U. S. Military Department of Texas, and pronounces judgment against him, if true."’

A spirited debate prevailed in the Peace Conference, to-day, without coming to a vote.

The third clause of Guthrie's proposition, ‘"that neither the Constitution, nor any amendment thereof, shall be constituted to give Congress power to legislate to abolish or control, within any State or Territory, the relation of slavery, nor the power to interfere with the slave trade,"’ was offered as an adjustment.

The Conference is in session to-night, and strong efforts are being made to come to a conclusion on the subject before adjournment.

The most reliable report as to the construction of Lincoln's Cabinet is that Mr. Seward will be Secretary of State; Mr. Bates, or Missouri, Attorney General; Mr. Gilmore, of North Carolina, Secretary of the Navy; C. B. Smith, of Indiana, Secretary of the Interior; Mr. Wells, Postmaster General; Gen. Cameron, of Pennsylvania, Secretary of the Treasury. Several gentlemen are prominently mentioned for Secretary of War. The statement is thus communicated without vouching for its accuracy.

Private advices received to-day from Montgomery say that very soon a Commissioner will be appointed by the Southern Confederacy, accredited to the new Administration, and that in the meantime no measure will be taken with a view to dislodge the Federal forces now in possession of the Southern forts.

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[second Dispatch.]

--It is stated, with an air of authority, that the proceedings in the Peace Congress to- day, convinced a majority of the Commissioners from more than one border State, Virginia included, that no intention exists, on the part of several of the Eastern States, to make concessions which Virginia can accept.

Simmons is spoken of respectively for the War and Treasury Departments.