Newspaper of The New York Herald, February 28, 1862, Page 4

Newspaper of The New York Herald dated February 28, 1862 Page 4
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4 NEW YORK HERALD OOBOOI ^' ** 1*, a>JTOB akd pboprictc* office k W- vO*h** or rvtros abd nasba!* rrfl. Volume XXVI? So. 58 \ AMUBEMBNTO THIS EVENING. AOADKvrX" MUSIC, Ir ir.g vMe.-CorwciiAL*,sCos' 0*b*?tltu pi i awbbbxoob. NIBLO'S fiABDEV' Broadway.? t'ou.tX* Uawx. WINTER GARDEN,>Broadwar.?C'clb ToN'l VtwiK. WALLACE'S THEATER. No. 3U Broadway.- ' iur Oatj LIBRA KEENE'8 TIIEa'TRE, Broadway.?Th* Hajabiar, ob thk ebkr f.r l>a> ~7P* BOWEBT THEATRE. Bo ?UT-P?ti.l!?l-EiiriW j BOWER* THEATRE, Bowery..-sncbk?t*? Natiobai Cibov* BARNUM'8 AMERICAN MC8El\M. Broadway.?Cow | Nurr? Latino Hirrorotiwci, Wwala, AO., at all hours.? OltDltfA, afternoon and veiling. BRYANTS' MINSTREL.*. MeetuMlca* Hall. 473 Broadway.?Cuaw ILi.oi llkB ' nooLET'S MINSTBELS. Btnyveaant Tnatltute, No. ? Broadway.?Fox is a Fix?Etwiotmb Soxoa. Oaruau. Ac. MELODKON CONCERT HALL. 3U BiMlitwiT RAMI Dances, BtruJUQUMk Ac.?l usrin l.ir? on Bla<*cwzll i. CANTERBURY MUSIC BALL, H* Broadway.?Sokos, DANCES, BUELVIliCTZS, AC.?U'Kl. NNIUA.N AT THE PaiM, GAIETIES CONCERT BOOM, CM Broad way.? Drawiwo Boob kntzztaiwiiwrts, bam.hts, i'aktomimxj. kAeces, Ao. AMERICAN Ml'SBC HALL. 444 Broad way.-Bongs, BaLletf, Pantobisiks, Aa ? Kl?al Lovnv CRYSTAL PALACE CONCERT HALL. No. 4SBowery.uniutiiu, Songs, Dances. Aft? t wo Cums. PARISIAN CABINET OP WONDERS* 863 Broadway.? Open daily from 10 A M. till 0 Pi M. NOVELTY MUSIC BHili, CIS Broadway,?Burlesques Eoncs. Dances, Ac New York, FrUcjr, Ftbrw^y ?s, 1SG3. DAILY CIRCULATION OF THE NEW YORK HERALD Sunday, February 16. 104,01G Monday, February 17 118,080 Tuesday, Feb^ary 18 118,068 ^ ?ekru|?"y 19 117,720 ^ursday, February 20 113,328 Friday, February 21 112,696 Saturday, February 22 118,800 I Total ? 803,SOS Average daily circulation 114,829 The above figures, which can be verified from onrbocks. give the circulation of the New Yore Hjhuilb for the week just past. We believe that it more ihan equals the aggregate circulation of all the other daily papers in this cit?, and of course it far Burpaaies that of anyTne of them. The advantages which the Hxrald affords to advertiser9 are self-evident. THE SITUATION. Nothing of an important character reaches^uj from the national capital, or the army of the Potomac. A report that Jefferson Davis has made overtures* to the government for a compromise obtaiuB much credence in Washington, and it is said that the rebel leader asks for a convention of all the States, in which the difficulties between the South and our government shall be finally adjusted, including fresh guarantees for the protection of the Southern institution of slavery. This is only one among many sensation reports now floating about Washington, and has probably no foundation it fact. The enactment of the Treasury Note bill hat caused a tremendous pressure for the new notes at the Treasury Department, and Mr. Chase is kept constantly ocrupied in hastening the printing anc signing of the notes, so as to supply the increasing demand. The President issued an order yesterday creating General John A. DLx and Hon. Edwards Pierre pout, of New York, a sDerial commission to exa mine the cases of State prisoners, now in custody and determine whether it is most consonant witl public safety that they shall be liberated or sen to civil tribunals for trial. Our intelligence to-day from the North Carolina expedition is of considerable importance. De spatchea were received at the Navy Departmen yesterday from Commodore Goldsborough, statin) that our forces were in possession of the Scaboar < Railroad, and had destroyed the bridges across th Rlackwater and Nottaway rivers, thus cutting ol all communication between the seacoast and Sot folk and Richmond. The Commodore also furnish es detailed reports of the visits of our boats to th Currituck Canal, Elizabeth City and Edenton, tc gcther with a list of the rebel vessels destroyed b our vessels since the fleet reached Hatteraa.makin seven vessels in all, six of which were well arme gunboats. The army of General -Ifalieck is pushing on it victories in Arkansas. An oflkial despatch frot that General, received yesterday by Genera McClellan, announces that Faycttevillc, Arkan sas (a town on White river, 1% miles northwest o Little Rock), was captured by General Curtis; tha the rebels (led in great confusion across the Dostoi Mountains. The* burnt a iiortion of the tow before they retired, besides perpetrating an act c cowardly vandalism, which it is almost. diC cult to believe, had it not been too fatally vcr fled. The dastardly rebel* left a quantity of po sonod meat behind them, which unhappily wa partaken of by our troops, and reaulted in poisoi ing forty officers and men of the Fifth Misaotu cavalry, among them one or two valuable con manding officers. Such deeds entitle the perp< trators to no mercy. The evacuation of Columbns remains as yet or confirmed officially. The mysterious conferenc between the rebel officer*, under a flag of truce and Commodore Foote and General Cullum, o board the Commodore's flag boat, off Columbm which we before announced, la more particularl referred to In our columns to-day. The conferenc lasted for two hour* and a half, but it was cons dered of so much importance that strict secrec was enjoined upon all those present until Genen Halleck, and possibly the Commander-in-Chief, ci be consulted. -Certain it is that after tl rebel officers returned to their truce boi Commodore Foote signalised the Unic fleet to return down the river. Tlio gen ral belief in the West is, that a propositic to evacuate Columbus in OTder to save it fro: destruction, constituted the mission of the flag i truce. A Cairo despatch, however, states tlu dull, heavy firing?like a rumbling explosion wa heard on Wednesday in the direction ofCalnmbui and It waa aupposed that the rebels might b blowing up their intrenchments. ikijpdier General iMckol has issued au oidt J , | ^ ?* Bowling Green enthusiastically?c j kuowiedging then' .^fJuoue services in occupying I that place, and enclosing a like order of commenJ dation from Major Generul Uuell. General Mitchcl j says that his uien executed a march of forty miles in twenty-eight hours and a half, over fallen 'tin1 her and other obstructions placed by the j enemy in thttir track, and he adds:?"In the | flight time, u*cr a frozen, rocky, precipitous pathway, down rude steps, for lifly feet, you have passed the advanbc'l guard cavalry and infantry, and before Ike dawm sof day you have entered la triumph a position .*>f extraordinary natural strength, aud by your ene toy proudly denominated the Gibraltar of Kentucky. With your owa hands, through deep mud in dfe.^ettng rain, aud up rooky pathways, nex J to impa wble. and across a /ootpakitof your own construeofcen, bA'lt upon the ruins of the railway bridge destroyed for their pro?i ?? u?,.o?U foe von have transported upotu jnodtr own- .ihovldt-rs your baggage amd camp equijnge." By the Hibernian, at F-VtUnd, we-'bars that the Amerie&a question was sriB debated La-the English Parliaments Indeed if tint subject **o excluded tba-pooceediaga in both hooaes wouldiposaesa no in*reat> whatever. Earl Auaell made aanpor' taat declaration in the Hteee of Lords, oaths- 10th instant, when he admitted that the-pecufiur circumstances of the Unite&? States josttfed "aegeat measures"?such as arbitrary arrests?by the govununent, and that even British sutjoets may be seized by order of the jftreaklent, if "be believed that the parties were engaged in treasonable conspiracies." Parliament had giien the hum power to tho British, executive in times of difficulty. and it hadi been frcqasntly exercised without the persons being brought to trial. The cases of the English subjects lately arrested in the United States would, however, bo "earnestly watched" by the Cabinet. The F.ar\ of Malmesbory again complained of the "deliberate misrepresentation" of Earl Derby's speech as to the fortible raising of the block&do by the London Timet. Lord Malmesbnry approved of the conduct of Lord Palmemton so far with. respect to the blockade. It was a matter for government alone to decide upon, bat the real state of the taeasure should bo inquired into. Earl Bortell congratulated the House on the accord of opinion existing on the subject among the leading men of all parties. tfr. Cobden was to call the attention of the Commons to the state of international and maritime law existing at present as affufttigg the rights o? belligerents, . , - j ?ar ' The prowess of the Union troops at the battle of Mill Springs had given the British public a new and more correct estimate of the force and power of our army. Mr. LL. D. Russell has sent home another f prophecy abont the'fnture operations of the Army of tbe fotomac, coupiea ?uu a bwvcuhui vuu. ' cerning the morale and discipline of the men. The first shoold ruin his character as a military seer forever, and the second is of 'eqnai value with his description of the battle of Bull run. He says that the army of the Potomac is not likely to move until winter is over, and adds positively that a "mutinous spirit'' prevails among the men. The Sumter was at Gibraltar on the 13th Inst., under notice to quit. Another batch of her crew had landed and would not go on board again. M. Thouvenel had received Mr. Slidell at Paris in his private capacity. His diplomatic character is said to be completely ignored by Kspuleun. England approves of the idea of an elective monarchy for Mexico, and "if the people by a spontaneous movement place the Austrian Archduke on the throne," Earl Russell will not attempt ' to prevent it, but the government will not assist in a forcible intervention for that purpose. COHGRES8. In the Senate yesterday, the bill establishing a national foundry and furnace on the Hudson river or in New York harbor, was reported back by the Military Committee, with an amendment striking out the furnace. Mr. Davis introduced a substitute for the Confiscation bill, which was ordered to be printed. Tbe bill to increase the efficiency of the medical department of the army wna taken up. Amendments providing for an additional y number of surgeons, to be selected from the medical corps,reducing the salaries of the Fnrgeou General, his assistants and medical inspectors, and ^ providing that the act shall continue in force only so long as the rebellion lasts, were agreed to, and ;s the bill passed. The report of the Conference ? Committee on the bill making appropriations for civil expenses was concurred in. The case of Senator Starke was resumed, and the resolution of the committee on the subject, declaring Mr. il Starke entitled to a seat, was adopted by a vote t of 26 to 19. Mr. Starke thereupon was qualified and took his scat. The Confiscation bill was taken Q up. and the Sonate adjourned. n In the flense of Representatives, the Conference >f Committee's report on the disagreeing amendments i- to the bill making appropriations for civil expenses. was agreed to. A bill providing additional clerks for the office of the New. York Assistant ' Treasurer, was referred. A joint resolution to 8 print Washington's Farewell Address, Jackson's i- Proclamation on Nullification, and the Declaration rj of Independence, for general distribution, was re' ferred to the Printing Committee. The case ol 1 Mr. Upton, who claims to represent the Fairfaj 1 district of Virginia, was again discussed, and the claimant declared not entitled to a seat by a vote i. of seventy-three to fifty. Resolutions of the Cora c I mittce on Elections, confirming Mr. Verrce in hii right to a seat as representative from the Thirc '* district of Pennsylvania, were reported. Mr n Kline is the contestant. On motion of Mr. Wash i, burne, from the government Contract Committee y a resolution was adopted calling on the ,Secretary of War to communicate to the House tlio^gepori and correspondence of tho commission sitTThg ai ?' <*? I ,,nia f,,r f r:\minfttion of the claims irrnwine y ant of affairs in the Western Militsry Department. #1 The schooner Western Star, Captain Crowell, ar rived at this port yesterday from Key West, bring 1 ing advieesto the l*th inst., from which we loart " that everything waa quiet at Key West and th< troops in excellent health. >n MISCELLANEOUS NEWS, e- The steamship Hibernian, from Liverpool tl:< )n 13th and Londonderry the 14th instant, reach* m Portland yesterday afternoon. Her advices ar< live .lays later than the news brought by the .Via gam to Halifax. Tim mails of the Hibernian wer< it forwarded to New York last night, m Cotico' closed in Loud i hi the Hth instant si , for money. The bullion In Hi Hi d: hid In ' creased ?sfi,(K)0 In tim we?k. The luteal quota c tions of American stocks were: - Illinois Centra shares, tlVs discount; Krl", '4-a lib ir I It Is said that the uecotiationa for a Trench foui NEW iOKJf. HKHA.t'd- *'k ? - - > millions sterling loan ui Low don were ofrThe British treasury returns' Wi the year ^ expenditure of eleven millions of dollars ?t?r K'e income. The Liverpool cotton mdrket was firs Mi the 14th instant. Prices teudeo'atKl upward. bat were unchanged. The stock on kastd Was estimated at 025.000 bales, of which 194,400 bales were American. Bread-stuffs were steadv nod provisions dull. * j The news from Germany is importaat, *s it reports the commencement of an agitation among the powers which constitute the Confederationvvhich may eventually lead to the dissolution of that body The immediate canae of it is to be found to a Prussian despatch to the other German goverianenW requesting a general consideration of a refo-m of the organization, and tlm absolute refusal of ftaxo. ny to accept it. Austria, Bavaria, Coburg. Basien. with otlinr St itAn liflwrt ??V"? j;? * ' ?wa, ?u?(v vuavti a uiuuruin ui the matter from Prussia, ami a dissolution of &6e Federal Diet was expected' in consequence. Demonstrations and printed^ manifestoes in favor o# Victor Emancel as king, and Rome as the capital, of Italy had been made atr Genoa, Milan and other places. Sixteen coal misers had been drowned iw a pit at Norweld, in Wales* The Pemberton pit( Newcastle, England, was flboded, and thousands of 1 persons were thrown out of employment thereby i Senor Mon is appointed President of the Spanish Council. Tho inundation* in Germany had produced the meat dkastrosa* consequences, eighty thousand persons baring to-be provided for by the public in one district. Late advices from the West Const of Africa re- - < present the ainre trade- a* exceedingly active. Since the withdrawal of tite United States squad- , ran the American flag was- hoisted very freely by the dealers. The State Senate ah Albany yesterday pass*! the New Yonk Port Captain and Harbor Masters bill, and the:bill relative to-dividends of life insw ante companies. Omtbe belts regulating sheriffs* fees, and to permit Uto-loamag of money in small i amounts fir more than the present legal rate of in. terest, adverse reports were made from the committees, und they were rejected. A majority re- ( port was made imfavor of incoporating th t New York Statje Homeopathic Society. The Bsooklyn Charter Amendment bill was reported complete and oidered to a third reading. The 1 bill wnendinj?the act of 1360 relative tCtthe righta and liabilities of husbands and wives was ordered 1 to a.third reading. Progress was reported on the < bUL conferring an the Metropolitan pelice additional powers relative to the inspection, of steam boilers. In the Assembly the Speaker- announced the committee of five resolved upon the previous day to revise, and consolidate all the game lawn of the State into one law. The bill to improve the Central Park was ordered to a third reading; also that authorizing the Historical Society to establish a museum of antiquities and science and a gallery of arts in the State Arsenal building. The Public Defence bill was taken up and disoussed at length, the greater part of the day's session being consumed over it. Progress was finally reported on it, anil it whfe ntftdA tlin anonSol fft* Qotnr/iflv VVS"" ?"""""fv-"' ?j The Railroad Committee of the Assembly held a meeting yesterday and heard arguments on the Broadway Railroad. Several gentlemen addressed them, and the argument was closed. The committee will make their report on the subject next Monday. They have appointed Tuesday next to hear parties on the Spring Street Railroad; Wednesday, on the bill to reduce the fare on city railroads generally; and Thursday, for arguments on the Tenth Avenue and Forty-second Street Railroad. This day is to be devoted to fasting, humiliation and prayer throughout the bogus Confederate States of America, in response to a proclamation issued by Jeff. Davis. Jeff. Davis, in his proclamation for a fast day, says that throughout the widespread limits of Rebeldom "personal liberty and private rights have Igendujiy honored." The evidences to sustaip this assertion may be fgund in of Parson Brownlow, the hanging of five Union melt , in Tennessee, and the order of the Secretary of War to "letthem bang;" the impressment operations in Memphis, the statement of the Richmond Enquirer that there are two hundred Union prisoners in the jails in that city, and the sending of men in New Orleans six months to the workhoose for expressing Union sentiments. Jeff. Davis, in his inaugural address, estimates the aggregate strength of the two armies at a million of men. He knew that the Union forces numbered over six hundred thousand, and we therefore cannot do otherwise than accept his statement as an admission that his rebel followers do not count four hundred thousand. According to the letter of M. F. Maury, the rebels are secretly building somewhere one hundred steam gunboats of the following dimensions:?112 feet long, 21 feet beam, 171 tonB burthen, and bSz J feet draft. Their armament is to be one nine-inch gun forward and a thirty-two pounder aft. They are to be ready about the 1st of June. The peopfe along the Hudson and Mohawk rivers, and on the Cast and West Canada creeks, in this State, are in great dread of an approaching flood. The snow in the northern section is said to be five and six feet deep on a level. A sudden rise in the streams depends in a great measure upon the manner in which the snow is carried off. If it ! should be melted by a warm rain there is no doubt a great flood would follow; but if carried off gradually by the warmth of the snn, as in many sca[ sons has been the case, there would be no danger. Another snow storm visited us yesterday. It . commenced about one o'clock in the morning, and fell to the depth of three inches, but turned to a drizzling rain about noon. The Round bouts were detained about two hours, but the railroad trains came in at the regular time. The city horse cars were obliged to use double teams. The Board of Aldermen adjourned on Monday, sine die, for want of u quorum, and, no call*for a meeting having been made, they did not organize . last evening. The Military Shoddy Contract Committee resumed their investigations at the St. Nicholas Hotel yesterday. Several witnesses were examined. among whom were some officers connected with the State Military Department. The commit"tcc seem determined to make the strictest investigation as to how and hy whom the shoddy swindle was perpetrated. Some startling dcvelopcmcnts bare already been made, and those who connived at the manufacture of such worthless clothing for our soldiers during the commencement of the war are "shaking in their boots." The Board of Councilmen were in session last evening. A communication was received from his Honor the Mayor, accompanying the beautiful rebe| flag captured by Acting Brigadier General Smith at the capture of Fort Donelson, presented through Mr. Bennett. The trophy was accepted, and will t be placed in the archives of the City Hall. After the transaction or a goou u?ai 01 rontine business, the special order, being the tax levy for tho present year, w as taken np. and various amendments to tlio Comptroller's estimates were made, which will be found in tho report of the proceedings. Tho totalooraeunt of tho reduction made on the Comptroller's estimates is 1270,000. The only caso that was tried in the General Sessions yesterday was an indictment against Esthef Koridfj'.k, the f 'mplaitmnt being Michael Maher. The Jury acquitted *he acnJTed. The trial of Butt Allen and Dad Cunningham, charged with keeping a gambling saloon, was set down for Monday- Several indictments Ow homicide, row in the possession of the District Attorney, will l>o tried in the Oyer and Terminer, which meets in April. Mr. IF.ill ti n receiv- d notice from M- .-sr-\ Brady ami O'Conor, eonin I for Junes B Taylor, now nod r ind:i tioer.t for all ? 1 bribery, that a motion.won' l b? made to rptnsli the Indictment. The arg im nt will take niece on the second Satnr<Uv iu Marco

Li>AY, FKBHUABY 2b, lb The cotton market was Arm yesterday, with salosoi 600 a SO0 bales, dosing stiff on tho basis of 23c. for mid dlmg uplands. The dour market was leas buoyant and slightly lower for some grades, while sales were moderate and chiefly to the domestic trade. Wheat was tnacgive *nd prices were irregular and in faror of purchasers, oeprcla. y fur common and medium grades. Corn was lower, wU'h rather more doing at the decline; sales of Wevfcrrn ruim'*! *?re made at die. a 83>?e., in store and de.Worsd. PoiV was Arm and in good demand. i:v part 1 for foture defirery, at $14 37 >14 60 for new mesa, and a |0 76 f<h prime do.,and at f 15 for 50f?Sb!3. dcliverijblo in the llrsf half of June. Sugars were Arm i ami >(0. better ea the week's sales, lite transactitn^ embraced 1,500 hftds. Ct#ta aud 200 boxes, at prlrwr jtrtm in another column CoAbe was llrmer, with sales o? 3 300 ba^s Rio at 20c. a file. Freights wore quite at?a4y, while engagements warn fair. Tba Collapsing Rebellion?The Groan a or tha Traitors. TIjo so-called ''permanent government" of our rebellious Confederate States stands before its ma.angers and its victims to-day the most humiliating revolutionary abortion, and the i most painful inockvry of a> national reformatio 11, with which any p'oopto have ever been afflicted Ace the rsvott of Absalom against the government of bis- father, David, the anointed Ifiag of Israeli Otir Southern traitors, late so bcVA i and defiant; are- reduced to the depths of despair. Da*i?> in sackcloth and ashes, resorts to ther saorjfcagiom mockery of anothew day of fitting, Humiliation and prayer, wh3e the members-of his Cabinet and corps legisiaiif are bitterly denouncing each other like detected rognas, aui while among his newspaper organs, from>Richmood to New Orleans, wo hear nothing but the aoonds of "weeping and wailing obiT.gnashing of teeth." From the bombardment of Fort Sumter down to tfce battle of Manassas the armed forces of this rebellion, were raised and marched into Virginia under the war cry of "Washington?the oity of Washington for our capital, and the liberation of Maryland." For many weeks- after our disastrous day at Manassas "Washington" was still the boasted abject of. the army, of Beauregard, and our efforts were raaisly directed to the safety of our federal city against a threatened rebel invasion. The rebel flag was advanced to Munscn's Hill, within sight of President Lincoln from the southern windows of the White House, and for some time the speculations of the newsmongers at Washington were mainly directed thft nnoRfton whether Johnston and Beaure gard intended to cross tlie Potomac by fording the stream above or by ferrying the river at some point below the city. That was the climax of the rebellion. Fro? that day down to this the bluster and insolent boasting of the rebel journals in regard to their designs upon Washington have declined, until at length their music is of the most doleful and dismal description. The Richmond Dispatch whistles desperately to keep Us courage up, but confesses that "there are tories in the South (Union men), as there were tories in the Revolution, whose only sympathies are with the enemies of their country, who lament its victories (rebel) and rejoice over its defeats;" but stiil he true men of the South, if driven from t . -ir seaports and cities into the interior, will, it thinks, " resist as long as resistance is possible, and, if conquered, they will not stay conquered." The Richmond Enquirer says, " if Nashville is taken, and if we lose, in consequence, all the country of w^ichNashville is the centre and capital, it ij a question whether the Southern forgeg w&uld not Tie sTrongbr^nd better gblj than before to carry ojit tbf defensjye ideas that have hitherto regulated this war;" and from this opinion our Richmond philosonhor proceed^ tg suggest a prudent backing down to the defensive interior Une of the seaboard rebel States, leaving Tennessee, Kentucky, Missouri, Arkansas and Western Virginia, as States and ground of doubtful Southern loyalty, to the tender mercies of " the Lincoln government." The Memphis Appeal complains bitterly of the increased rebel restrictions against the introduction of cotton into that town; the Knoxville (East Tennessee) Register finds some comfort in the fact that the property of loyal Union men in that region, including Senator Andy Johnson and a hundred and fifty others, has been sequestrated as " the property of alien enemies," to the extent of a minion and a half of dollars; the Mew Orleans Delia is sorely troubled about our gunboats, and says " the exporienco we have already had has demonstrated the impracticability of destroying the iron-cased and strongly built gunboats of the enemy by the cannon of forts," but suggests that those boats may be captured by boarding them. This is the idea of the young rat who recommended that a bell bo put on tho cat; "for then," said he, " his approach will be announced, and we shall have time to scamper otT." "But who," said the old rat, " is to put on tho bell 7" . To conclude these quotations, however, the Charleston Courier confesses that " we havo sustained heavy losses in munitions of war;" that " our country has been deprived of the services of several thousands of her best disciplined and bravest soldiers," and that "the enemy pushes on, flushed with victory, to win more triumphs," but that Southern heroism should learn to bqcpme familiar with defeats and never despair^* The last hope of the rebel government and its organs is in Southern heroism and Southern endurance, against the loss of their principal States, thsir seaports and inland cities. But sin),imrn facts are verv stubborn thinns; and the history of mankind las shown that when a people, scattered over a large area of territory, are reduced to t)ie alternative of sultaisgipn qr destruction, they Invariably submit. Moreover, a (hajority of the Southern people, even of the cotton States, were coerced into this rebellion by an armed and reckless sceession minority; and although this reckless minority, to save themselves, would see the whole South laid waste by fire and sword, they know full well that there still exists a Southern popular majority which is only waiting for a favorable opportunity to take Davis and his associate usurpers Into its own hands. These groans and howlings of the rebel government and its newspaper organs amount to nothing more nor less than a confession that they have boen playing a desperate game and have lost it. They are on tLo fefg" of retreating to their original Southern confederacy of the cotton States. But what earthly chance havo they there, reduced to a population of five millions, including twe millions of slaves, against the Union, with its 1 twenty six million ol people, and its encircling and ox erwhelming Heels and armies? Before the expiration of another week \v< I expect to hear of the flight of DavU ?t Com1 pany from Kielitnoiwi beltVoen two days, nn< j by the inland rotiio, via Montgomery, tt I Mexiec 4 62. ^ f ti Ipof th? Coaftderalu am f The General^ lp of |ll0 VmUtm Com the GtattalA momma era. < of Jefferson Davis, til The inaugural ad**h 4p Congress, the ton, speeches in the Confed*?^ .. of the Southern pupei* si?h * ? Fort Doiielgoo, and the' vni* ^ ec ? ' Governor of T?ftn?MM, all sbo?P U,8t',, Ugl * j 4 tlioy &rc the rebels havo received severe bl vt?. , not yet conquered", and that they* 1118 c 8 dosperato resistance us long as they W } chance. The necks jf the leaders depeflh 00 their success - The recent victories, though ih ; portant, are ret decisive, and it Is illogical <<> , draw any general inferetoe from them. It may be that tbr Confederates never c'jiVtemrtl nfuil Knm/ ?? ? L'? V mwiu^ nnv jjrrnraiioui)!/ uuicr jiiw seuri, Kentucky and Virgiaka, and that tbe'ir otjbct in occupying Virginia and the <xb?r barfler Stales wao to obtain subsistence for thew armies, to keep away ?H?r ravages of war ' from the cotton Stat en, and te- produce a aorri effect in Europe by tJte apparent extent of flicir territory and by their juasi investment of Wp^hingtort The question* now is,. what is tlnyr prosp Kt of success, even hi' the cotton States, which depends iftsome extent upon the capacity of their gen wale, upon which they have hitherto relied t -ith considerable eonftdence. Their caloulati wis, bawd upon their) railroa ihj to maintain their cammanicattoDa? have been completely bsJHed. t The debates in the rel&l Congmso which we, published ion Wednesday rcveul ktio- fact 'thai the generals apparently * " had' no- plan of campaign," and hence, vfcen their strong positions wore suddenly as* ailed, thav wcrcy unable tr reinforce them. There scenu'it to b e no military mind to combine andidirevl; the w bole operations. The Confederate generalship was , denounced by Boyce and others as-utter imbecility. In the same tone thh RLriLmonf, the Charleston and the New Orleans papers had) spoken long before; and reeoab exeats we on to justify their censure. With the exception of Joe John don outgeneraling Patterson an the Shenandaah, and reaching Manassas in time to reinfore* Beauregard for the battle of July 21, and the exploits of Price, and Floyd in ranniag avmy.the Southern generals appear to have displayed no strategy. In the battle of Manassas itself there was no generalship. It was wca by Ope Southern troops against raw soldiers, cast in pursuance cf.any plau of battle, as Beauregard i admits, but contrary to bis plan; and when the ! battle was.won there was not sufficient generalship to t'jkc.advantage of it and capture Washington, as might easily have been done. Beauregard has not as yet proved that he is more than a good engineer officer, tie has exhibited. neither strategical ability nor much tactical skilh Whether Albert Sydney Johnston, commanding in the Weal, is either a strategist or a tactician, still remains to be seen. I Appearances, as well the oaase, are against him. A good general would have seen the importance of the defence of the Tennessee and the Cumberland, and would have rendored those rivers impregnable to any but an overwhelming force. Instead of that, only small forces were posted in the forts on eaoh river, and the forts?particularly Fort Henry?wore erected at the wrong places. It is now Emitted that the proper position for thgge forts was at the Narrows, where the two mers, bending towards each other, contract the distance between them to three or four miles. Infinitely more important was this portion* than Bowling Green, on whioh so much labor had been spent in vain. Here was the fiaturai defence of Nashville and Northern Alabama, agd the loss of it baa spread terror throughout the South. It is candidly admitted by our soldiers, and by all the Northern accounts of tho battle at Fort Donelson, that the Southern troops fought admirably. But in war what avails the most desperate valor without generalship and a good cause? So far the generalship of the rebels appears to be at fault in the West. Whether that arises from the self-conceit of Davis, who does not give to some one military mind the chie? command, so ns to devise a plan of defence and form strategical combinations, but cither directs everything himself or allows his Secretary of War tp do so?a man who knows nothing of Military matters?or whether there ia nn Breneral in the Confederate army of tho requisite calibre to be commander-in-chief, is a problem still to be solved; for wo must not conclude too hastily that everything is accomplished by the capture of Roanoke Island and the fall of the forts on the Tennessee and the Cumberland. All these are only outposts; and though Norfolk is turned by Burnside, and Bowling Green and Columbus havo been turned by Ilalleck and Buell, the end is not yet. Though our troops have captured thirteen thousand men, the rebel army in Tennessee and Kentucky is not yet destroyed, and may bo reinforced and combined. This army must be captured or dispersed befoae the work is done in that region. Again: the tlower of the rebel army is still at CentreTlll^ Manassas, Lecsburg and Winchester, commanded by Joe Johnston and Gustavus Smith. The best officers in the whole Southern army are with these forces, which have also the advantage of possessing superior anus. The reports that a large portion of these troops bad been sent to tho Atlantic coast and to the Southwest turn out to be unfounded. Not a i single regiment has left. Tho rebel armies of , the Totomac and Shenandoah, therefore, must be defeated in a great btfttle before anything > decisive Is accomplished. When that is done , the rebellion is crushed. i This task belongs to General McClellan. i to whose grand combinations the advan; tapes obtained on tbo Tennessee and the i Cumberland are due. Those movements are a part of his plan. That he will very soon turn Manassas and Centreville, and cut off the supplies of the armies under Smith and Johnston, i or compel them to come out of their intrenchi ments and fight him on a fair field, or retreat i southward, wo hnvo not the slightest doubt, i We have no fear of the result of the battle. The victory will be as decisivo of the fate of the ro hellion as Waterloo was of Napoleon. If they retreat without fighting the moral effect will be as disastrous to tlioir cause. One im" ; portant reason why they massed so large an [ ncruy in front of Washington, and hnvo been a* i so much pains to blockade the Potomac, was to i give the impression in Europe that the capital ; of the country was continually threatened, well know ing that in European nations the loss of ! the capital is equivalent to the conquest of the country or the overthrew of the government. I Anil though <hat would not I"' the remit of the > ' capture of \\ arhlngton, for Huh city is not to i the United Kt vtes what. Paris is to France, or Vienna to Austria, still it is desirable to re" move the moral effect of the menace as soon as potsiml. If the rebel army retreats to the o cotton States without fighting, then its defeat j will be insured; for our lines can be contracted } and the enemy can be surrounded with overj whelming numbers. With the insurgent armies ( in Kentucky and Tennessee overthrown, the ^ armies in Virginia either defeated or put to flight, and with Nashville and Richmond hi the possession of our troops, the utter extinction of the rebellion in every Southern State would only be the work of sixty days. We bare every confidence in the success of ^'r generals. Their troops are better armed, beker clothed, better equipped and better ' *irppV.'e|l with ammunition and provisions, and their go neralship is now superior to that which gwides thO rebetet Hour in K that eur generals are bolter than . theirs? They are ill West Point officers, botii ' Northern and Sontftrrn. They are both natural ly of the same average ability. The aomy exI1 perieose of both In about the same?hmitwl | to the Bexlcaa campafca. But Here is thedif ference. The Southern officers hove remained! in the f.wny, doing npttteg ever stnue. "PHw consequence- is they knofs- nothing {tut melw army' routine.' The Northern officers* not content with so* inactive life,-have emLferked1 in? business pursuits, which hare sharpened their wits and enlarged their capacity for generalship. For instance, the intinutee know.4dge of railrjads and the- telegraph which (lenerai McCl<rilaxi has acquired in the interval of his leaving the army and bis now liking up' armsfor the Union givws him an immense advantage. Northern men, too, are better acquainted' tbau Southern mem with the mechanical arts* so necrasary in the-operations of Uie field,-and*! they are more farsceing, active aid energetic} from tlt? climate and the habits of the pop*!" lation. It is true (Seorge Washington war ? Sou then* man { but he is an exception to the* rule. There was but one Washington, and wto shall n>*ver look upee his like again. I*ia.< evident that the chances are against the South for other, reasons besides the maxim of Napp? leon, tbvii'the Lord is-alwaya on the side of <thnr heaviesiVartillery. The War Department and tike Press*. The recent order of the Secretary of War iin regard.to the publication.of war news hag.ejBtoited considerable comment, and proVokiodl much angry invective from the abolition.uajvepapers; and, in order to correct any misapprehensions of the Secretary's meanings vw- musk sta r a few facts coanocted with the matter,. Secretary Stantonb order is but & repetition cf that of Mr. Cameron, with severer penalties added, and that neither of these orders la half i so stringent as that issued by the robel govern| ment. As far a$ the close interpretation of the words of the order is concerned, it must be remembered that Secretary Stanton writes his emphatic manifestoes slap-dash, an<1 with orpnt reservations. Tift imagines that every oo? must understand, aa I clearly as he does, iuai what he wishes to say; I and, indeed, it is only those who are blinded by B prejudice who cannot road and comprehend hip B orders aright. Mr. Stanton intends, then, to B prohibit only the transmission and publication B of any intelligence in regard to movement* B contemplated, plans formed, cxpodftioBB B designed, victories organized and troops stra- B togically concentrated. Such information can B be of no groat interest to the public, but is of I incalculable service to the rebels, who are thus I forewarned of our intentions and forearmed I to defeat our armies. The transmission and H publication of movements accomplished, plana H carried out, expeditions successful, Victoria* H won and troops triumphant, the Secretary has H no intention of suppressing, but will, on the H contrary, greatly facilitate. This is precisely H what is meant by his order, and we may add H that it is only for a temporary object, which H will be evident in a few days, and is not in- H tended to remain in force during the war, al- H though it might very properly bo made binding till the rebellion is put down. No difference whatever, therefore, will bo seen in the contents of the 1Ikrat.d In consequence of this government control of the telegraph. We have always fulfilled what we knew to be the wish of the govornmcnt and the duty of a loyal journal, and lmvc carefully refrained from publishing H any premature information which might aid the rebejs and hinder our arms. The journals which will be crippled are those abolition or pans which, for certain purposes of their own, lmvo aided to prolong this war by furnishing the rebels with the fullest details of our purposes and our forces, in spite of tbo repeated warnings and remonstrances of the commanding officers. The Tribune, with the report of General Thomas; the Times, with the account of Sherman's expedition; tho World, with the revelations in regard to the forces and destination of General Bnrnside's division, nrc instances of these disloyal and objectionable publications. The argument that the rebels have other sources of information is sophi?ticat; for, even if they have, why should we not deprive them of this? The idea that the New York journals do not reach tho rebel headquarters is a mistaken one; for in some way through secret agents the New York dailies are received at Richmond as regularly as nt Washington. A moment's reflection will expose the futility of tho statement, also, that no reliable information of military matters can be , obtained from newspapers. In spite of the strict regulations of the robel Congress, the IIkh w.i> was abio to compile, irom me mw Southern papers received here, a lint of the of- | fleers of the rebel army so minutely accurate that the clerks of the rebel War Department were accused of furnishing us with our information, and a cotnmittee of Investigation wns ap- ' pointed by the rebel Congress to ferrot out our j suspected inforinauts. If wo could accomplish i this, in spite of the careful vigilance exercised in regnrd to the contents of tho rebel papers, how greatly must tho rebels have profited by , tho unrostrictcd, treasonable and premeditated ( revelations of the abolition organs. Secretary Stanton's order is evidently most just, and most necessary, therefore. A good , newspaper, like n good citizen or a good sol dicr, will do its utmost to assist the govern- > ment, and will refrain from giving aid to th? rebels by even an indiscreet word. This ha? always been at onco the duty nnd the policy ol the Ukiiai.v. and wo have, consequently, noth- i ing to regret and nothing to change in our news matter. We hope that the -Vnetnry of War will rigidly enforce his vi < order, and not allow it to become a d<ad letter, to lie d'srenrd i at plcasiliko that of Mr. Cameron

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