4 _ NEW YORK iIF.ilALU. JAMK* UUSDOS Bl^SICTT, EDITOR AND PR<>p;;n:ro:t OETCE V W. CORNER OF KL'l.Ti'N V>!? NASSAU ST*. j Volume XXVII So. WO AMUUEMHKT6 T1II.> EVKXINO. ACADEMY OF MUSIC. Inn.s PL e.-ltaua* OpfbaMlt l.. t? 4! One o'clock? Masuniki lo. MBLO'8 GARDEN, Broadway.? Amir tul Tilbk?Col ik r, bavn W INTER GARDEN, Broadway.?Tig Bell* op the RkaSO"> ? 1*AK? NTS A?i> ) uauul l.\>. H'iU.A( K'S Tii EATUL, No. SB Broad war. ?Tux v. tv to on AIakiubd. LA; RA KKENE'8 THEATRE, Broadway.?Tax MaClBTllV, OK t1ik I'ikf CI 1 AV. NEW BOWERT THEATRE. Bowery.?Wild K.vlcar? Co-Lean Bobs? La 1'ouk da Ni.-i.t BOWERY THEATRE, Bower?.?STtctXEV'a National Cibcm. MARY PROVOST S THEATRE. 485 Broadway-RicuAXO HI BARXUM'S AMERICAN MUSEUM. Br laJway.?Com Nutt? Luis,. Hiitoj oia .us, Wuale, Ac . at ail uoura.? Sa?a? ?a :i IvAH.vit'i, .'flcn'-'JnTiTJ cvoumg. " BUY AN IV MINSTRELS, MeohKOka' IUI1, 472 Broad way ?Dow* i* Oio K-i-ir. HOOLEY'S MINSTRELS, Stuyveaant Institute, No. 65 Broadway.?Ethiopian Songs. Dance?, Ac. MELODEON CONCERT 1IALI., 539 Brfta.lway.-Bo.ngs, DaNCUS, BujU-tSllUKS. Ac.?COMKAbA.NU CONVENTION. CANTERBURY MUSIC HALL, 585 Broadway.?Soxos Dam-as, Buuuisueus, Ac.?Inauguration Bali., GAIETIES CONCERT ROOM, 616 Broadway.?! Drawino Boom Entebtainei'Kts, Bauukts, I'a.ntomiwls, Kakces, Ac. AMERICAN MUSIC HALL, ill Broadway.-Jj.AUOO I?Ait*?T?KA'UtOAB?COUUSIO*? 'llttr Mtt.ukUS. CRYSTAL PALACE CONCERT IIALL, No. 45 Bowery. Boaui sauKs.So.sGS, Dances, Ac.?Two cgowks. PARISIAN CABINET OK WONDERS. 663 Broadway.? Open daily trout 10 A. M. till 9 P. M NOVELTY MUSIC HALL, 616 Broadway.?Burlesques Kokg*. Dancks, Ao. New \ ork, Saturday, March 22, 1804. THE SITUATION. The news from General Banks' division presents no important features. A portion of General .Shields reeonnoitering parte has returned to Winchester from Strasburg. It is reported that the rebel General Jackson is near Mount Jackson with his partially disorganized forces. Two new military departments have beeu constituted by the President, the first to be called the | Department of the Gulf, which will comprise all the coast of the Gulf of Mexico west of Pensacola lrarhor, and so much of the Gulf States as may be occupied by the forces under Major General B. F. Butler, United States Volunteers. The headquarters for the present will be moveable, wherever the General Commanding may be. The other is denominated the Department of the South, comprising the States of South Carolina. Georgia and Florida, with the expedition and forces now under Brigadier General T. W. Slier, man, to be under the command of General David Hunter. Affairs at Island No. 10, which has now become a point of interest, represent the rapid approach of a frmination to the tedious botnbardm'wit of that rebel stronghold. Up to Thursday evening our gunboats, Benton and Mound City, were play ing heavily on the upper batteries, with a view to reduce them?the others by a determined advanceThe fortifications are discovered to be very strong, mounting at least eighty guns, while a body of twenty thou.-and troops are encamped on the main land, in the rear, completely out of range of our mortars. Five puns on the upper battery on the Tennessee shore have been dismounted, and only two left, which gave an occasional shot. The batteries appear to be provided with bomb proof casemates, as the men are Been to disappear when our shells approach them. The extent of the fi.ing from our boats may be conceived from the fact that on Monday last the gunboats threw 900 shot and shell into the enemy's works and the mortars 300 shells. A despatch to St. Louis, dated from Isiaud No. 10, on Thursday, says that a large number of loaded wagons were then leaving the Tennessee shore, Horn wmcn it was believed the rebels were making preparations for an evacuation of tlieir works. General Pope allowed a rebel gunboat to approach within fifty yards of a masked battery on Tuesday, and then sunk her, kill ing fifteen of those on board. He had previously allowed five rebel steamers to pass on towards New Madrid, and they are now between his batteries, unable to escape. Over a dozen rebel resaela. their floating battery and battering ram, are now above General Pope's batteries, and will certainly be sunk or captured. Meantime, the rebels have posted three regimenta at Fort Pillow, between New Madrid and Memphis. Pikes are being manufactured at the latter place to arm the new levies, of which not quite a hundred men have as yet responded to the call of Governor Harris. The Governor,however, has disappeared from Memphis, and the members of the legislature have followed his example. The city is said to be in a terrible condition. The Union men were abandoning the place, leaving all their property t<. he confiscated, aa impressment at the point of bsvonet Lsd become ventral. Men were driven n the streets and from their stores and dwel' * t.j 'he rebel camps of instruction, and all who 1 en. ape from the city with their lives were ? to ret a way. Quarrels between the rebels ftin.lists are of daily occurrence in the and shots are freely exchanged between i his state of things ia bnt another evidence ' * miseries which this nnholy rebellion has it upon tha once peaceful and prosperous h .f the unhappy South. < ue*a from Tennessee is important. Pe s fiom Cairo state that our troops at Sanixty miles from Florence, Alabama. are ;ood service. General Beauregard, with a of 1 ,000 rebels, recently from Peneacola.is be nt Corinth, and Generals Bragg and im have also their diviaions In the same viOn the night of the 13th iast. a body of the I t\ i nnt a norf r?f ^InnaMl I v>"1 fVcs to flight, and burned the railroad Our army in that neighborhood Is divided ire divisions. commanded by Generate SberMcC'lernand, Wallace, Burlbart and Lanman. leas than C.bOO Unionists in the vicinity of Pas' mail are reported to have enlisted in our army recently. Ry th<? Karnak, at this port yesterday, our West T idia files of the 15th of March show that the M a mars Cerlle and Kate, and the e' hoonrr Laura #' i/ed a? Vmsn. V. TV from Charleston S. J between (bo t<\ and 15th of Uns month Tin cargo : the Cecilo -it" (.hi* It til any Unit stated, the was in ballast, uud the Laura furnished the . Mliih sympathisers in the U'hiiJ w 'h rebel journals of the 8th of March. The United State* ?r. i-port Jlui Ella, fri,in Bo*L>u, w.th troops loi sfjjp Islaml, put iuto Nassau on the 10th of March for watei, which was supplied by our Consul in the port. She sailed again on the 12th inst. All the English at Vera Cruz, with tho exception ol about a hundred men. have embarked, tnd were ready to start for England via Havana and Bermuda. In connect on with the expedition to Mexico, the /.;?Ka of Madrid, of March 1, lias the following:?"W'o say it onee for all, the three Powers have taken no resolution relative to the internal all lira of Mexico, and there exists no difference of opinion. If it snits the Mexicans to abandon the republican form of government, and to raise to the thr one either the sister of the Queen, Prince Maximilian, tho Count de Plandre, or any other prince, there will be no hindrance on the part of the governments." ... MISCELLANEOUS NEWS. By the steamship Karnak. wkich*ar rived at thla port yesterday from Havana on the 15th, via Nassau, New Providence, on the Wth inst., we are in possession of soma later intelligence from Mexico, reaching down to the 7th inst. The English, it seems, have withdrawn from the tripartite alliance in Mexico, and all their forces, excepting one hundred, who only remained to ' defend the British flag," had been embarked for England. They had sold all their mules, harness,Ac., to the French. The French andSpanish forces still remained in Mexico. Sickness among the troops still continued. Rumors of bat. ties in the interior, between the insurrectionists and the forces of Juarez were rife, but they needed continuation. From Havana we have further accounts of rebel steamers running the blockade of our Southern ports. It is said that the English Consul at Havana is doing a thriving business by transferring the escaped vessels to British ownerships. From Nassau we learn that a vessel with a portiop of the Eighth New Hampshire regiment'on board, put into that port for water on the 10th inst. The United States line-of-battle ship Vermont, which sailed 24th ultimo from Boston for Port Royal, 8. C., and which was seriously damaged daring the severe gale she encountered immediately after leaving Boston, has at last been heard from. Captain Townsend, of ship Gerniania, which arrived yesterday from Havre, reports:?'"March 13. latitude.36 deg. 28 iuin., longitude 63 deg. 10 miu., passed a ship's mainmast, apparently but a short time in the water: had been cut away. Same day saw a United States seventy" four gun ship (no doubt the Vermont), with n gunboat alongside. When first seen they were lying with all sail furled, sea smooth, with alight air from the west. Towards night 1-oth made sail, standing S. S. W." In the Senate of our State Legislature yester. day, several bills wore passed, among which were the following:?To exempt the Vassar Female College from taxation, to improve the Central Parle, to regulate the sale of hay and straw in this city and Brooklyn, to repeal the Church Property act of 1855 (this by 19 ycaa to 3 nays), and to amend the law for the proof of wills. The bill to define the crime of murder, and dividing it into two degrees, was also passed, by 18 yeas to 5 nays. A bill was introduced authorising the city of Brooklyn to raise over one hundred thousand dollars to assist the families of volunteers; and, by unanimous consent, the bill was rend a third time and passed. In Cofnmittee of the Whole, the bill to provide for paying the canal indebtedness, including the enlargement expenses, was ordered to a third reading. The Grinding Committee report, ed several bills complete. A majority report was I made from committee in favor of amending the I In w relative to the pay of the dintrict court judges of till* city. The bill to create the office of Rereiver General al?n received a favorable report, as well aa that to incorporate the Forty-second Street 1 tail road. In the Assembly the bill to amend the charter Of Brooklyn wat passed. a favorable report was made front the committee, among various others, upon the hill regulating telegraph companies. A bili was reported to enable the city of New York to pay tha expenses incurred by equipping and ending to the field volunteers to fight for the Union and the constitution. The New York Court House bill was also reported complete. It authorises the raising, under certain conditions, of one million of dollars for the erection of a Court House ,n this city. The majority of the Special Committee on Excise aud Prohibition reported against a prolubitnry amendment to the constitution. A minority report was also made and the House then, in Committee of the Whole, took up the subject, and an extended and animated debate ensued. Tt.a* f'nmmiffflfl r.f flift Unnata , 1|V iT^revvv '/ihhmvwv VI IUV uvuniG ua?U UltlUt; two report* dividing this State into now Congressional districts. The districts in this city are laid oot.on a majority and minority report, as follows:? PitL Maiorihi put Minority. *?Wardt I, 2,3,6,1 and 4?Wards 1, 2, 3,6. 1,1* uiDditowrDor'a Isl'd. and 15. and Gover5?Ward* 4, ft, 7 sn?i 13 nnr's Island, ft?Wirda 11 and 17 r>?Wards 4.(1, 7,10and 13. 7?Wards 10,14 and Id ?Wards 11 and 17. ft?Wards 11, 20 and 2l. 7?W ards 9, 12 and.11 9?Warda 12, 19 and 22, 1?'Wards 20 and 21. and Blaokwell s, 9?War la 12, 19 ?and 22. Ward'* aod Randall a and Kirat As. ombly " district "f w# t<-bws tsr county. Lriandcr C. Tubbi, Postmaster at West Aiiandaken, sap J Earn Rpicr, holding a similar position at West, Lebanon, in this Si.ste, were brought before Cnited States Commissioner Henry yr?terd.iy on clargo o( Uttpcj^jjr wi,U* U*9 m U?"f r? CONGEES S. Ia the Senate yesterday a bill was introduced to provide for a fail' settlement of the accounts of the officers and mon of the frigate Congress and other naval vessels. The bills providing for national foundries, armories and arsenals received some consideration, and were referred to a special committee. The bill for the abolition of slavery in the District of Columbia was taken up; but, the smoke from the array bakeries in the basement of the Capitol becoming offensive to the Senators, the debate branched off from the legitimate subject to thut of smoke, and in that element the debate ended for the day on the bill under consideration. A message was received from the President recommending a vote of thanks to Commodore Dupont for his eminent services. The Senate then held an executive session, and, on its conclusion, adjourned. iu the House of Representatives' the bill to secure pensions to all persons employed on board of gunboats was passed. A joint resolution was adopted authorizing the Secretary of the Navy to have the steam frigate Roanoke iron-clad and othei wise strengthened. Some debate ensued on a proposition to adjourn over till Monday, but the subject was dropped and the Senate's amendments to the prize law were taken up and concurred in. The House then went_ into Committee of the Whole on the Tax bill, the range of discussion on which, though somewhat wide, did not extend be. yoiid the spirituous liquors and ales sectionsSome amendments were adopted, which are no* ticed in our regular report of the proceedings, and various humorous remarks wgre indulged in, when the committee rose and the House adjourned. Both houses adjourned ove? till Monday. NEW YORK HERALD, SA' spective offices. The prisoners were each held to hail to await the action of ?he Orund Jury. Valentine Ma/zini wus fined I750 by Judge Shipman yesterday for a contempt of court in dmoheyiug an injunction order -$">00 to the parties complaining and $2i0 to the court. The stock market w.u> dull and the speculative list lower yesterday morning, chiefly in consequence of the want of news, hut was better in the afternoon, ch sing very steady. Governments continue in steady demand. Gold was unchanged in price, and rather active Exchange was very dull, bankers' rates, 111)4 a 112 for sterling, and 5 05 a 5 10 for francs. Motiey was fairly active at 6 a 7 per cent on call. The cottou market exhibited a firmer tone yesterday, and holders manifested more confidence. A bid of 2T.^c. was made for a lino of 500 bales strict middling uplands, and refused. The influences brought to bear upon the market and the dejwessed prices during the week proved ineffectual. The sales embraced about 260 bales, closing buoyant on the basis of 27c. a 27>?c. per pound for middling upl.inde. The flour market was rather firmer, while sales were moderate and chiefly to the home trade. Whoat wus inactive and prices irregular. Corn was rather firmer, with sales of Western mixed at 58c. a 59c., in store, and at 61c. delivered. Pork was heavy, with limited sales of now mess at $13 00 and of new prime at $10 62>4 a $10 75. Sugars were steady, though less active; sale; embraced about 450 bhds. Cubas,at ratos given in another place. Cone was quiet, though steady; a small lot of Jamaica (250 bags) sold at 20,^0. A sale or 500 pounds chickory was made at 8c. Freights were mtliAr flrniAr with nuirn nfforino' Th? Demands of the Crista and the Shortcomings of Congress. Under the wise, conservative policy of President Lincoln, and in pursuance of the comprehensive military plans of General McClell&n, our brave defenders of the Union, on the land and on the water, in a rapid succession of decisive victories, have expelled this great rebellion from its chosen boundaries and its chief defences, and have reduced Jeff. Davis and his vagrant government to the last extremities of confusion and despair. Nor can the shadow of a doubt be entertained that, with our overwhelming land and naval forces, as now organized, equipped and disposed, the final overthrow of the rebel armies, from Virginia to Louisiana, is close at hand. All that we have achieved has been done under Mr. Lincoln's policy of "masterly inactivity" on the slavery question, and it has succeeded and is succeeding so beautifully that no honest Union man can wish to see it disturbed to the end of the war. Meantime, however, in looking into Congress we do not find that cordial co-operation with thfi administration which is desirable unon this point, of letting Southern black slavery take care of itself until we shall have suppressed this Southern white rebellion. A very large proportion of this session in both houses thus far has been expended upon impracticable and visionary abolition schemes and projects in reference to the black slaves of the South, which could have'been mucljjbetter appropri. atcd to the consideration of the financial and commercial difficulties of the country. The special message of President Lincoln ontlid* emancipation problem puts tins whole question of slavoiy upon a broad, constitutional basis, to which no patriotic politician or citizen can object The adoption of the President's suggestions by the two houses of Congress is all that is needed to put this disturbing slavery agitation at rest, at least to the end of the war; for, until we have an end of this war, wo cannot imagine that any slave State, even of the borders, will be sufficiently re-established in law and order to legislate in favor of emancipation. The President's emancipation message, therefore, may be properly construed as a delicate appeal to Cougress'to suspend the agitation of the slavery question until the end of this war; and we trust that this interpretation will at once be adopted by the two Houses. There will be a vast amount of work yet required to perfect the great Tax bill of the House Committee of Ways and Means before it can become a law; but no time should be wasted upon abolition abstractions, wben every individual in the oountrv is anxious to have this Question of taxed reduced to dollars and cents. In tie next place, this rebellion lias broken up and disorganized our commercial and all our business affairs to that ruinous extent which can only be repaired by a general bankrupt law ; and then, again, in order to harmonize our duties upon foreign imports with our domestic taxes, resulting from this rebellion,*a complete revision of the turiff is demanded. Such a bill is under way in the appropriate committee room of the House, and will soon be reported; but in the mean time there is other needful work required upon our financial and commercial affairs suflicient to justify a complete suspension of the discussion of abolition abstractions. The bill for the abolition of slavery in the District of Columbia, it is true, proposes only the exercise on the part of Congress of a clearly expressed constitutional power; but. such being the case, we see no reason for a lengthy debate upon the subject. The expediency of the act. if propoied two years ago. would have been a very sorious question; but it matters little now whether slavery is abolished or retained in the District of Columbia, for in all the border slave States the removal of this peculiar institution will become the first considerailon nrifli dm rft.Aftaliiiohmpni fif Wt% have Lad enough, however, of slave confiscation bills, and bills for the reduction of our rebellious States back to the apprenticeship of Territories, and a little too much of such philanthropic schemes as the colonization of contrabands in some new Liberia, and their employment in government cotton planting on the abandoned sea island plantations of their rebel masters; and we apprehend, also, that the time has not yet arrived for the benevolent teaching of those sea island contrabands in the mysteries of reading, writing and negro equality, under the auspices ami at the ex* pen?o of the government. Finally, it is due to Mr. Stc-vens, of the House Committee of W ys end Means, to say that he i* tcorlrinir in 1u?trii,n?l? to nmh on thn lxriti. mate financial and commercial legislation of the session which the exigencies of the country domain!, and we hope that henceforward, at least to the end of the war, fho ayc-rlnsting negro will be kept in a back seat in both houses of Congress. The Abolitionists Among Their Colored Brethren and Sister*. The great emancipation, educational missionary society, which left hore for Beaufoit, .S. C.t in the Atlantic, a couple of weeks ago. to teachwash, clothe and convert the unhappy contrabands whose masters have seceded from them, arrived very safely at its destination. In another column we give an account of its doings and its prospects. it scorns that those mutual suspicions and jealousies, reproaches and recriminations, which are the bane of all missionary societies, and
which mski the lives of Chadband... 3tiggiri?-s. Mi*. -Mlebv? *u4 Mis, rdrdiggiv* a ImWoft TURDAY, MAROH 22, 186 them. have caused a groat deal of trouble to the persona connected with thin latest attempt to furnish the aona and daughters of Afiica's sunny clime with red flannel shirts and pious, prayer-printed pocket handkerchiefs. The mis* sionaries from New York disagreed with the missionaries from New England aa to the size of the shirts or the religious denominations to be advertised upon the handkerchiefs; and so this educational society was in hot water all the way to Beaufort, and arrived more sea siok than harmonious. Arrived and laudod, however, these devoted friends of the blacks sot to work heartily, and began to try to make an impression upon the thick, woolly heads of the lost sheep around them. Shakspere is currently reported to have asked, "What's in a name?" and to have added, sneeringly, "a rose by any other name would smell as sweet." However this may be with roses, the Beaufort missionaries do not believe it true of negroes. The first reformatory step, therefore, was to call the slaves by new names. Darkies would not do, nor negroes, nor niggers, nor contrabands, nor blacks, nor chattels, nor irrepressibles, nor Greeleyites, though all of these names have the sanction of custom and good usage. No, the slaves must be called brethren and sisters, and the missionaries, male and female, acknowledge the relationship. As might naturally be expected, this familiarity has bred a great deal of contempt among the darkies: for if a slave cordially despises any thing, it is tbo "white trash" which becomes his associate and intimate. Consequently,"there is very little work to be got out of tho Beaufort negroes now; but colored prayer meetings are all the rage, and the shovel and the hoe are laid aside for the fiddle and the hymn. Unfortunately our missionaries are working upon the negro at the very spot where he least requires cultivation. Any darkey can sing, after his own fashion, and in much better style, on the whole, than the missionaries can teach him. There never was a lazy slave on a plantation who did not think himself a martyr, a la Uncle Tom, because his master preferred a little cotton picking to a great deal of "I'm gwine to glory, halloluyah." Helping negroes to sing, therefore, is the very worst way to get them to work, and we have already too many negro minstrels in the world to hope that all the emancipated slaves will bo able to support themselves by vocal efforts. Now that it is settled that contrabands are to be called brothers and sisters, we advise the missionaries to get the two sexes separate and distinct as soon as possible. If they should meet with any Topsys, who were never born, who never had fathers and mothers, and who grew up wild, this classification may become more difficult than they probably imagine. When it is finished, let them set the s^ayes |t work, and ke<?p ^hem at it, reserving all psalm singing and bless-tne-LonT-ing until Sunday, and strictly enforcing the divine command, "six days shalt thou labor and do all thy j work." Very probably, alter a week or two of experience in this line, our missionaries will see the necessity of plantation overseers and of the whole old educational system?whips included?in vogue at the South. Of pious, snivelling Uncle Toms they will find plenty among the negroes; but of ambitious, industrious men and womon. very few. It is not at all unlikely that the result of this practical experiment will be the conviction among abolitionists that, although a few slaves are fit to be colonized, and can take care of themselves, yet the far greater portion of them are best off as they were when abolitionism disrupted the Union and left them homeless and mastcrless. Most people hold that opinion already. Bull Run Russell as a Stock Gambler.? Bull Run Russell has played many parts since he came to this country. In the character of a correspondent he made a dead failure. As a gentleman he was equally unsuccessful. As a prophet he won tho very worst reputation possible. As Bombastes Furioso, at Lord Lyons' theatricals, he greatly distinguished himself, for the part just suited him. We have now to consider him in the character of a stock gambler. The following brief telegram, disinterred by tbo Judiciary Committee of the House, and sent from Washington on the day that all news of the settlement of the Trent affair was suppressed by thfe government censor, tells~the whole story:? Samlkl Wood, Saw York Horn, New York?Act as though you heard gome very good news, for yourself and me. as soon as you get this. W. H. lU'SSKLI.. Who "Samuel Wood" is no one can tell. Some suppose it to be Samuel Ward, an American: but he is too much of a gentleman, we should think, to dabble with any such dirty business. Others, with more reason, say that it is probably a Mr. Wood, another London Times correspondent, who mad* a laughing stock of himself during the Prince of Wales' visit, and had all his letters forestalled by our telegraphic correspondence. It is this correspondent Wood, very probably, for birds of a feather flock together, and blundering Wood and Bull Run Rus.?ell are twins. "Act as though you heard some very good news for yourself and me,'' says Russell. Now, the only good news to be heard at that time was the peaceful settlement of the Trent affair, and the "act" which Wood had to perform was to invest all his and Russell's money in stocks while they wore low, and sell out ngain as soon as tho "very good news" was made public and stocks went up. We presume that Wood did as he was told, and that both he and Bombastes made a very good thing out of the "very good news." This gives us the clue to all Russell's doings and writings since he came to this country. Undoubtedly be has a friend like Wood in London, who "acts"' there for himself and Russell, whenever a private note transmits him aomu "very good news." Russell misrepresents the Union cause in his letters, and stocks go down, and bis friends buy for themselves and him. A Union victory sends stocks up, and Russell's friends sell out for themselves and him. So on nd infinitum?a disunion letter from Russell and stock* go down, a Union victory and stocks go up. How very nicely all this has been arranged,' How unnecessary is it for Russell to follow the army and see battlewhen he can make a fortune by telegraphing to Wood, from Washington. every time he hears of "some very good news." How adroitly he humbugs tho Rrltish public by writing doleful letters for the 7'ime%. which induce stockholders to sell cheaply to his dear friend, who bus been informed privately, bv the same mail, that the Tim's letter is designedly wrong, and that its false intelligence will bh contradicted in n day or two. Stocks up and stock* down. *'M*son and .Sllrlcll will never be given up," says Russell in.'the Times. t'jo gh you. heard sontc yerv good 2. news," says Ilussell in the telegram to Wood Isn't this sharp practice? Now, the Herald announced a week beforehand that Mason and Siideil would be given upRussell's Times letter of the same date said the contrary. As the Hekald and the letter reached England together, Russell's London friend probably made very little at that tiuie. But Russell himself speculated upon our accuracy by making his little arrangements with Wood here in New York. We wonder if this same telegram explains all the strange conduct of the London Times. Is tho whole Tunes establishment only a stock-jobbing, swindling affair? If not, how will its editors justify their course towards this country, and how will they regard Bombastcs Russell, who has deluded them? Stocks up and stocks down. We shall wait and see. William It. Yancey and Wendell Phillips* Par nolile fratrum! It was stated yesterday in our news columns that William L. Yancey was arrested in the disguise of a sailor on board a schooner, trying to run the blockade into a Southern port, and that he is on his way to Fort Warren. To-day, however, we have a despatch to the effect that Southern advices had arrived at Nashville to say that Yancey arrived at New Orleans, and made a speech, avowing that no help could be procured from England or France, and urging retaliation by stopping cotton cultivation. A later despatch from the engineer of the United States gunboat Water Wftch, 6tates that the gunboat captured the schooner William Mallory. with Yancey on board. Which of these reports is true we are unable to determine; but we trust the arch agitator of the South is on his way to the fort in Boston harbor, and we think he ought to be accompanied by another gentleman, who resembles him very much in his personal appearance, manners, character and eveutful history. Wo mean Wendell Phillips, who is the great chief of abolitionism and Northern disunion, as Yancey has been the chief of secession and Southern disunion. Both have played into each other's hands, and both have been so far successful in their schemes. It is worthy of remark that both are polished gentlemen, highly educated scholars, and remarkably eloquent orators. Garrison and Greeley are the vulgar tools of Phillips. They are the two hewers of wood and drawers of water? the scavengers who have always done his nigger work. Phillips stands at the head of all, like Satan over the rebellious host of Pandemonium. There is an old Eastern tradition*?f the Hebrews that when the devil entered the garden of Eden he assumed theTorm of a young man, with auburn hair. It is a^euiarkable fact that this is the color of the hair both of Yancey and Phillips, indicating that they are chips of the old lalock. Till they commenced their labors, some thirtv years ago, the country enjoyed EffrBouy*and peaCo. But tfiey entered our political paradise?one at the Northern end and the other at the South?and artfully introduced those elements of division and disunion which have at last culminated in actual disruption and civil war. Yancey has been a man of blood from the Beginning, lie inuruerou nis uncie. mat Wendell Phillips is also bloodthirsty is very evident. At the grave of John Brown he pronounced a funeral oration which proves hijn to be a man of blood, and the theme on which he delights to dwell is the bloody massacre of St. Domingo and the nigger chief who led the infuriated savages to the indiscriminate slaughter of the men. women and children of the white race. He is tilled with delight at the breaking up of the Union, for which he admits he has been working for the last thirty years, and he openly avows his undying hostility to the constitution. But he literally revels in the prospect of servile insurrection and the bloody butchery by negro hands of the white women and children of the South. To this terrible consummation is he continually stimulating the fanatical abolitionists of the North; and he would die happy to-morrow if he could only first see the bloody tragedy performed by his instruments. Yancey contemplates with equal satisfaction the work of his own hands. As Phillips organized anti-slavery societies and conventions to carry out his plans, bo Yancey set on foot Southern commercial conventions, which were nothing else than secession assemblages, andcr the pretence of promoting the interests of commerce. As Phillips maligned and misrepresented the South, so Yancey maligned and misrepresented the North, inflaming the passions of the people and exciting their hatred to the constitution and the Union which linked the two sections together. When Yancey consummated the Southern rovolt he proceeded to London, and there addressed the fish women of Billingsgate, in order to stir up their enmity to the Yankees. Having failed in his mission to kindle a war between England and the United States, this Cutaline now returns to the count ry he has destroyed, and we hope he is euptured by one of our cruisers, and that a cell will soon be assigned him in Fort Warren. To the same cell his brother parricide?Phillips?ought to be sent to keep him company. They could thero, as brethren, dwell together in unity. They are birds of a feather?men of kindred principles and of kindred spirit, and whose lives have been equally devoted to the destruction of their country. In death they ought uot to be divided. Poetic and political justice points out the same fate for both, and demands that Wendell Phillips and William L. Yancey should swing from one rope. The Strength of the Rkpubmc.?When, the present war broke out the European journals were almost unanimous in crying out that the renublic was dead. The English journals in particular chuckled over what they called the failure of democracy In America, and in the face of facte they persisted In declaring that the government of this country was utterly prostrate and powerless to help itself. Suice then, however, their, assertions have been disproved and their prophecies contradicted by events that have shown us to be powerful where wo were represented to be weak, and shown to the world that republicanism is the strongest of svlL forms of government; for we have firmly re? sistcd shocks under much lighter than which many of tho gnveramonls of the Old World > bavo been swept away. We have, moreover, conducted a great war entirely c.n our own resources. and our commercial prosperity has moanwhilo suffered no check. Our exports have, fndeed, during all this tiraebeon unusually large, our agricultural resonrco* have bo^r amply devoloped and our manufactories Jjavc been actively employed. Wo a-c now gradual If emerging from th< ordeal which has done so much to lest the real . strength and permanence of republican institutions. We shall emerge with a proud consciousness of baviug vindicated oar great and glorious cause, and shown of what republicans are cupablc when the stake is the integrity ot their republic, and with freoh vigor and undiminished strength resume our march of progress. History has been making fast since we took up the sword in defence of the Union, and wo have solved a problem in a few mouths that the events of half a century would have failed in doing under ordinary circumstances Among other things we have inaugurated new era in naval warfare, which will, after short time, leave the existing navies of the world almost useless, and give us an ironclad fleet which will enable this country t? successfully resist, if noccssary, the combined forces of Europe. But Europe is likely to have too much trouble at home for a considerable time to come to think of provoking a foreign war. The elements of revolution are still smouldering on that continent, and just now they are threatening to .burst into flame. In France, in Russia, in Italy, in Spain, in Austria, the same ominous signs are observable, and" in Greece a bloody insurrection has already oommenced. Louis Napoleon has ' -i__ -b?? ? L'a antinnhonomna aP fKn tin. aireauy nuuwu uio u|i|'n.uviiciu.io v.. .? pending dangor, and hundreds of arrests hare been nindo. Thero is, indeed, every prospect that before long monarchy and imperialism will be subjected to a trial which will test theif strength to the full, and we shall be surprised if the result does not demonstrate republican government to bo the strongest and most permanent of all. Tub "Horribl* Monster" Greeley and tot "Little Villain" Raymond Falsifying History.?The meanness and malignity of poor Greeley, of the Tribune, and the "Little Villain" Raymond, of the Times, have been too often exposed in these columns for us to feel any emotion but increased contempt at a new and flagrant instance of the spleen and malice of these fellows, and of the manner in which they strive to revenge themselves upon the relatives and friends of their political opponents. It seems that the editors of the Tribune and Times will even falsify history, in order to grutify their petty spites against a young gentleman whose only fault is that he is the son of thi editor of the IIeiiald. Among the vessels which took part in uift seizure of Fernandina. Florida, by our navy, under Commodore Dupont, jvas the armed schooner Henrietta, Lieutenant James Gordon Bennett, Jr., commanding. Although stationed upon revenue service at Port Royal, S. C., Lieut. Bennett and his gallant comrades?Mr. Barker, of Long Island, and a son of Shepard Knapp, Esq., of this city?could not resist the opportunity of striking a blow for the Union, and accordingly obtained permission of Commodore Dupont to make the Henrietta one of hie little expedition. They were disappointed in their anticipations of a battle, for the rebels retreated; but the Henrietta, with her commander and crew, was in the fleet, ready for any emergency, and participated in the occupation of Fernandina and the restoration of Florida to ber old aHcgiancc and her old flag. The correspondents of the Tribune and Time* are no doubt gentlemen, and mentioned tha Henrietta in their reports, jnst as they would mention any other vessel, without inquiring who or of what party was the father of bor commander. But the editors of these papers, with a meanness whicli is unparalleled, cut out ol their correspondent's reports all mention ot Lieutenant Bennett and his schooner, and even went so far, wc believe, as to tamper with the official report of Commodore Dupont and suppress that portion of it relating to the fact that the Henrietta was one of the vessels of his attacking fleet. There could be uo smaller exhibition of malice than this. The young gentleman whom Greeley and Raymond take such pains to keep from public notice is, fortunately, above their enmity and has no need of their aasislance. He went to the wars of his own ae cord, utid all that we have to do with the matter I is to pay twenty-five thousand dollars for the I schooner he gave to the government, and to re- I gularly cash his drafts for the wages of hie I crew, since the abominable conduct of Congress I has left the United States Treasury without I money to pay our brave sailors. I The obvious intention of this suppression was I to keep from the public any fact disproving the I charges of secessionism made against us I by the mean fellows who control the I Trilmne and Times. \Ve are willing to I compare our loyalty, whether in deeds or I words, with that of the editors of these abolition I organs. lias cither Greeley or Raymond de- I voted his only son to the service of the conn- I try in these perilous times? Has either I Greeley or Raymond given a new schooner, I costing twenty-five thousnnd dollars, to the I revenue department of the navy of the I country? Has either Greeley or Raymond I donated three thousand dollars to the Union I Defence Committee to arm and equip the Union - I soldiers? Has either Greeley or Raymond . I cashed the drafts upon the government for H sailors' wages in order to relieve the National I Treasury, emptied by fanatical extravagance? I Has either Gteelcy or Raymond devoted hia I newspaper wholly, entirely and without reser- H vation to the support of the government and H the restoration of the Union ? We have done all H this, and bare hitherto said nothing about It, H because we prefer to maLe our patriotism J practical ; because wo do Dot care enough about abolition lies to tuke the trouble of die- H proving them ; because all :hosc persons whose H opinion we vulue have nover doubted or ' H questioned owr loyalty. But are the record* H of Gresley and Raymond.equally clear ? Why, H then do they take such pains to misrepresent; H us ? Why do they tunper with reports in. H ordar to conceal even n hint of oar patriotism from the pabtic? Cannot their ingenuity conceivo of ? plan by which they may attack th* H BBttl and, yet treat Lieutenant Bennett wittx the ordinary fairness due te an officer and. ? gentleman;'.' If not, wo will show them the way by declaiming any cr.'dit for the IIkkald on aceou'ut of Licutenunt Benuctt's personal ssrvioe/. For the sake of their own honor we hope tJjat Messrs. Greeley and Raymond may henceforth discriminate as wo do, and coase H their falsifications of history and tamperings wlt'.i official reports, even if they must coutinua tibeir falsehoods about the lltciui.n. H Singular On Dir.?That all the violent Jkif tacks on General McClellon which lmvc hppbar- I ed in the Tribune have originated tn con versalions with General Wadswortli,'now Military 1 Governor of Washington. t>.n this atartliug I I ' intelligence bo true0 We.' are very unwilling to bolieve it, and sincerely trust it. Una <Mk > foundation.