The New York Herald Newspaper, August 13, 1861, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE N, W. CORNER OF FULTON AND NASSAU STS. TERMS cash io uidoance, Money vent by mail will beat the visk of the sender. None but po aml New York “THE DAILY HERALD, two cents per copy, $7 per annum. THE WEEKLY HERALD, ery atari at ix cents tray, copy, oF $8.per annum: the Bviropaan 2 at siz coms, copy; ume to part of | or $6 12 to amy, fe oman, Sth fina postage the Calvornia Blog nthe it UA an Rt of each month ate conde ,or oneam. VOLUNTARY MORKESPONDENCE, containing news, solicited from any quarter of the world; Y used, Werally pavd Jor. PARTICULARLY ui ‘ons SENT UB. ED TO SKAL ALL Lertens AND Paci Volume XXVX. AMUSEMENTS THIS EVENI WINTER GARDEN, CHLEVOU8 ANNIE, NEW BOWERY THEATRE. CineLe, BARNUWS AMERICAN MUSEUM, me and Evening—A Hanp Stavacix—Two Be atcha eg Ska Lion axp Orner Cuniositins. BRYANTS' MINSTRELS, Mechanics? Hall, 472 Broad- way.—Ermuorian Songs, Daxcrs, 4¢.—Rivat DAKxiks, MELODEON CONCERT HALL, No, 599 Broadway. Sonos, Daxcua, Buacesaves, ie es agi plANTRERURY MUSIC HALL, 585 Broadway.—Soyas, MANCKS, BURLESQUES, 40. GAIETIBS CONCERT ROOM, 616 Broadway.—Drawina ym ENTERTAINMENTS BALLets, Pantomiens, Fances, &¢. AMERICAN MUSIC HALL, 444 Bi So! tats, PANTOMINES, 4O-—TUNCL BYE ee Sones Bae New York, Tuesday, A gust 13, 1861. OUR WAR MAPS. We have issued another edition of the nu Merous maps, plans and diagrams of the ope- rations of the Union and rebel troops in, Vie~ givia, Missouri, Llinois, Florida, and on the Misais- sippi and Missouri rivers, and it is vow ready for delivery, Agents desiring copies are requested to send in their orders immediately. Single copies six cents, Wholesale price the same as for the Werkux Heparp, ‘THE SITUA’ A very important arrest, was made by the Provost i Washington yesterday, the prisoner being our late Minister to the fourt of France, Charles J. Faulkner, of Vir- ginia, It is alleged that the principal charges against him are based on acts committed in Paris, in purchasing arms for the rebel States while representing the United States govern- ment, and endeavoring to procure the recognition of the rebel confederacy by the government of France. Mr. Faulkner was conveyed to jail by order of the Secretary of War, and was forbidden to hold correspondence with any one, A formal examination into his case will take place immediately. He declares that he is not cognizant of having done anything to warrant his arrest. The appropriations made by the late extraordi- nary session of Congress for the support of the war, were as follows:— For the Army.. For the Navy.. Contingent for the War Department sere eeeee eee + $259,675 990 purposes is $535,400. The New York Fire Zouaves broke camp at Alexandria yesterday afternoon, and left for this city, where they will be disbanded, with a view, it is said, to reorganize the regiment. The location of the two notorious privateers Sumter and Jeff. Davis has been ascertained from the statement of Captain James Peterson, of the brig Kodiah, which arrived at this port yesterday from Montevideo, via St. Thomas, in ten days, who reporta that reliable information was received at St. Thomas that the privatcer Jeff. Davis was at St. Johns, Porto Rico, and the privateer steamer Sum- ter was at Curacoa—destination unknown, The reconnoisance by balloon, undertaken by La Mountain, at Fortress Monroe, is proving a suc- cess. He made two ascensions on Saturday, to an altitude of three thousand feet, and found an en- campment of the rebels. located about three miles beyond Newmarket Bridge, but could discover no ‘races of them in the vicinity of Hampton, which they recently burned down. A large force of rebels, however, were concentrated to the east of the James river, eight miles above Newport News. There are about a thonsand men at Sewall’s Point, and from 1a Mountain’s observations in that direc- tion he ia of opinion ‘hat the two guns mounted there, and commanding Old Point, are only large field pieces. ‘There appears to be very little doubt now that the government has ordered Major General Woo! to proceed to Fortress Monroe and supersede General Butler in command of that post. A Portion of General Banks’ column, under com- Maid of Captain Kenedy, of the Nineteenth New York Volunteers, with a hundred of his men, had 4 brush with a party of rebel cavalry of about the same number, at Lovettsville, Loudon county, Va.,on Thursday Ivet, and drove them from the town, killing a lieutenant and wounding five men. The Union troops entered the town, after a forced march of seven miles through a rocky pass, and sharged the cavalry, who were taken by surprise, ond fled. The government has sent orders to Cincinnati directing that Lieutenant Colonel Tyler, of the rebel army, who was arrested in that city a few days since, shall be sent to New York for detention at Fort Lafayette, which appears to have been se- lected as the abiding place of captured rebels. The populf# sentiment against secession is making itself manifest ina very forcible fashion in the Eastern States. A few days ago the office of the Democratic Standard, New of Concord, completely destroyed and its publishers very roughly handled by an ex- cited multitude, instigated by some soldiers who took offence at the manner in which that journal voke of the Northern troops, and of the national To-day we have information that the office ts another peper, in Bangor, Maine, infected with secession tendencies—the Bangor Democrat—was cleaned out yesterday, and all its contents burned ia the street by the infuriated populace. The ditor, however, made good his escape. Vy the Nova Scotian, at Father Point, we have wews from Europe to the 2d of August. Its Ameri- can fectures are important. The Paris correspoa- dent cf the Londou Post—the government organ— etsetts that the cabinets of England and France had hecome convinced that a serions conflict would taco plave in America, and that, consequently, Hampshire, was cause, t be. Our Forkian Counaivonuanrs ane Brosdway.~—Inisn Hussar—Mis- ¥ jowery.—CRARLOTTE Tax. yix—Tax MAID ov MUNSTEN—KNIGHTS OF The Gonene they had entered into an active correspondence action, both by sea and land, towards this country. The writer adds that there was no doubt but a per- fect understanding would be arrived at between the two Powers, The London Zimgs and London Herald, in their money articles, are adverse to the idea of England negotiating an American loan. THE NEWS. The Nova Scotian, from Liverpool on the lst and Londonderry on the 2d inst., passed Father Point yesterday afternoon, on her voyage to Quebec. Her news from Europe is five days later than that received by the Europa. Consols closed in London on the 2d of August at 90.8 9034 for money. Cotton was firm, but un- changed in price in Liverpool, with sales of sixty- nine thousand bales for the week. Breadstuffs were quiet and steady, in face of most entouraging harvest weather all over England. , The American horse Starke won the Goodwood cup, and the other American racers had turf tri- umphs also. The steamship Arago was off Hurst Castle on the 2d inst. The Arago left New York on the 20th of July, and if she took on board her latest despatches, as intended, at St. Johns, N. F., she has announced the news of the bat- tle of Bull ran to the people of Europe. Lord Elgin had bees appointed Governor Gene- ral of India, relieving Lord Canning. The Duke of Buckingham is dead. It was thought that the Kinge of Sweden and Prussia would soon visit France. A setution of the Italian question was regarded as Just at hand—the difficulty to be ended bythe French army marching from Rome and the troops of the King of Italy entering the the city. Napoleon, it is said, consents, in conse- quence of his conviction that the Papal govern- ment furnished thousands of stands of arms to the Neapolitan reactionaries. PRR peerse From the Sandwich Islands we have advices to ith of Jane. Lady Franklin, having been en- p banquet given in her honor by the ‘General, left the island for San Francisco, where she had arrived, on her way to England. There were only seventy-four whalers cruising inthe North Pacific this season. Mr. T. J. Dryer, the new United States Commissioner, had '} been introduced to the King by Mr. Borden, his predecessor in office. The case of the Baltimore Police Commis- sioners, imprisoned at Fort Lafayette, was again brought before Judge Garrison, at the County Court, Brooklyn, yesterday, when the prisoness were not produced, United States Distict Attorney Smith, on behalf of Colonel Burke, under direction of General Scott, refusing to alter the return to the writ of habeas corpus. In the course of the argument the Dis- trict Attorney severely handled the sympathizers | with the traitors, expressing a wish that, among others, Senator Breckinridge might be arrested, and intimated that the government would protect itself by similar arrests if necessary. Judge Gar- rison granted an attachment and a precept direct- ing Colonel Burke to produce the prisoners in Court. An informal meeting of the Chamber of Com- merce was held yesterday afternoon, at which Hon. Mr. Chase, Secretary of the Treasury, and Hon. Mr. Smith, Agsistant Secretary of the Inte- rior, were present and made brief addresses, Nothing of importance transpired. A report of the proceedings and remarks will be found ia another column, Prince Napoleon will dine with his Honor, the Mayor, to-morrow. On Thursday he will attend gn entertainment to be given by the Union Club of this city, and on Friday he will take a trip up the Hudson River. All accounts from Missouri agree in the supposi- tion that a batttle will soon be fought, if it has not already taken place, at Springfield, between the Union forces, under General Lyon, and the rebels who are following Ben McCulloch. The latter are represented as being twenty thousand strong, and wore approaching Springfield by four different roads. General Lyon, it is supposed, has nearly six thousand troops, with [two thousand at Rolla with which he could be reinforced. He had no in- trenchments, but relying on his fine artillery and splendid cavalry, he was certain of being able to maintain his position against the half-starved and poorly equipped rebel army that was marching up- on him, E£. 8. Goodrich, chairman, Colonel Robinson and W, W, Phelps, being a majority of the State Demo- cratic Central Committee of Minnesota, have resign- ed, giving as their reasons that there can be no issue between the democratic and republican parties in the coming election, except upon the question of the war, and on that they are with the administra- tion. The twelve twelve pounder brass cannon said to have been spiked at Fort Kearney by Lieutenant Colonel C, H. Tyler, who is now a prisoner in New- port Barracks, have been redrilled and taken to Fort Leavenworth, Kansas, in good order. Whiskey is no longer considered contraband. Five thousand barrels have been permitted to leave Cincinnati for the Sonth, with an order from the Collector to pass the commodity into the lines of the seceshers, Three of the new government gunboats left New Albany, Ind., on the 8th inst. fér Cairo. They had on board sixteen guns, ten of which were thirty- two pounders and six sixty-four pounders, We have been able to make a number of addi- tions to our list of secession journals printed in the North, and as it now stands it presents quite a for- midable appearance. se papers have varions modes, covert and open, of rendering aid and com- fort to the enemy, among which may be noticed attacks on all the movements of the govern- ment, reiterated assertions that the adminis- tration has shattered the constitution and broken all the laws relating to personal rights and liber. ties, an incessant cry for peace and a continued howling over what many of them term ‘an infa- mous war.’ One of them, having become bold and reckless, overstepped the bounds which cau- tion has marked out for the others, and was met by an indignant people, who entirely destroyed the whole concern, and forced the publishers to seek s@fety in the county prison. We refer to the Mee of the Democratic Standard, of Concord, .H., which was demolished by a mob on the th inst. We are no apologists for such remedies for evils of this kind, and sincerely hope we shall not again be called upon to chronicle a similar vct. Iflet alone, the most of those journals will soon feel the necessity of changing their course, and eventually they will be found in the ranks of the Union forces. The following is the list:— NORTHERN SECESSION PAPERS. Argus, Albany Farmer, Bridgeport, Conn. Advertiser, Lockport, N.Y. Gazette, Malone, N Argus, Portland, ) G to, Plainfiel American, Trenton Bugle, Council Bluf Bulletin, Atchison, Kansas. Budget, Troy, N. Y. Crisis, Columbus, Ohio. oraid, Dubuque, fowa, Herald; Newton, N. J. Rey t, Ne Democrat, Wayne c0., Pa, Sentinel, India: txaminer, Washingtou, Pa, State, Winona, Minn, hs Dayton, Ohio, Bee Bot ), Milwaukee, Yinciunati. Standard, Concord, N. H ‘s Journal, N. York. Times, Hartford. According to the City Inspector's report there were deaths in the city during the past week — an increase of 113 as compared with the mortality of the week previous, and 44 more than occurred during the corresponding week last year. The re- capitulation table gives 4 deaths of alcoholism, 1 of disease of the bones, joints, Ac.; 129 of the brain and nerves, 10 of the genera’ organs, 12 of the heart and blood vessels, 102 of the lungs, throat, &e.; 6 of cid age, 43 of diseases of the skin and relative to the arrangement of a united plan of eruptive fevers, 6 premature births, 310 of diseases of the stomach, bowels and other digestive organs; 34 of uncertain seat and general fevers, 36 of vio- lence, &c.; 6 of diseases of the urinary organs, and lunknown. The recapitulation table givea 511 na- tives of the United States, 9 of England, 124 of Ireland, 31 of Germany, 4 of Scotland, and the balance of various foreign countries. ‘The cotton market was very firm yesterday,on a basis of 18c. for middling upland, with sales of 2,800. 3,000 bales. Flour was in fair demand, but was scarce, and Sc, @10c: higher. ‘There was very little wheat offered, and the sales were moderate at rising prices, Corn was not plenty, and sound lots were a shade dearer. Sugare were in less demand, but were geld stiffly. Coffee was quiet. Provisions were less sought after, and pork declined to $15 1236 a$15 373 for mess, and $10 25 for prime, with sales of 600 bbls. at those quotations. Shipments of produce for Europe were limited, and rates on freight were depressed. The Government Loan in Wall Strect— Ignorance of Congress=Prospects of a Panic. ; Secretary Chase has been spending several. days in our city, endeavoring to negotiate a loan with the moneyed men in Wall street, but owing to the strict features of the law passed at the extra session of Congress he has thus far met with little or no encouragement. The law un- der which this loan is asked prevents the least modification in terms on the part of Mr. Chase} but, on the other hand, the Wall street financiers will have to take it at the terms fixed by the government, or notat all. Such is the ignorance exhibited by Congress on this question of a loan that a refusal on the part of the moneyed inte- rest to acquiesce in their terms is likely to pro- duce one of the greatest panics known in the history of this or any other country, and render many of the securities carefally stowed away in. vaults worthless trash. Tagb, us for a moment glance at the provisions of the law and view the financjal precipice upon the brink of which we are now tottering. Among the bills passed at the extra session of Congress was one authorizing Secretary Chase to borrow $250,000,000, either by issuing seven per cent bonds, which he is obliged to sell at par, or, failing to find pur- chasers at par, another provision of the law. gives him the power to issue Treasury notes of various denominations, drawing interest at the rate of seven and three-tenths percent. These he is also restricted to selling at par. Now the Wall street financiers being able to obtain United States sixes, already in the market, at eighty- eight cents on the dollar, refuse to take either the new issue of bonds or Treasury notes for par unless they are made to draw eight per cent» which they consider the present market rate equivalent to. At this point we find the Secre- tary of .the Treasury at a standstill. He can no more fix the rate of interest at eight por cent than he can sell the bonds or notes for less than par. He is unable to compromise with Wall street upon either terms, but, with the government calling for monéy, remaing with his hand; tied. His estimates are for $120,000,000 for the next four months’ operation, or at the rate of $1,000,000 per day. The bankers refuse to furnish that amount at his terms—the only terms on which Gongress has permitted him to receive it—and he cannot abate one iota if he would. What, then, is to be the result? The ignorance of the politicians in Con- gress in regard to the financial affairs or the country has thus placed the go¢ern- ment, as a borrower, in an exce@iingly critical position. They have arranged thé pro- visions of the loan that they asked for on such terms that the leading financiers of the Union will not touch it, and the very means ne- cessary Lo prosecute the warAre thusapparently cut off and the governmeut crippled. Congress has adjourned, and cannot be convened to meet’ the emergency tind change the terms to suit Wall street in éime for the requirements of the government, $wing to the length of time neceesary for tae proclamation of the President to be issued under the constitution. Foriu- nately there. is one other alternative left for Secretary Chase; but'the resort to that opens the monster financial precipice, and precipitates into it all the banking institutions of the na- tion, the greatest as well as the least, with a sweeping and universal crash: not. one can escape. : There are at the present time upwards of two hundred and fifty millions on deposit in the savings banks of the Northern States, to say nothing of the amounts on deposit in ether banks by small depositors. These sums are the savings of the industrial classes, upon which the savings banks are paying from five to six per cent interest—a majority only five per cent. We understand that, since Mr. Chase finds the financiers of Wall street will not respond under the terms upon which the loan is offered, he proposes to issue the Treasury notes in denominations that will answer the purpose, and proclaim a popular or people’s loan on Napoleon’s plan. There is no question but that in this way the loan will be rapidly taken up, at least fast enough to meet all the requirements of the government. He will thus offer to the industrial portion of our citizens an opportunity for increased interest and bet ter security than in the banks. In the place of five per cent in institutions based on public confidence, they will receive seven and three- tenths per cent, ,or two and three-tenths per cent inorease, and the very best security in the world. The moment that a loan is offered on that, or Napoleon’s plan, there will be a rush upon the banks without parallel in our history. The superior inducement of increased interest and better security will cause those who have laid their money by in the savings banks—the small depo- sitors, and those whose funds are lying unem- ployed in the other banks—to immediately call in their money and invest inthe Treasury notes, and receive the benefit of the increased interest, which to them will be no small item, This at once opens the doors for a sweeping crisis amongst the banks, which, of itself, will make the rush for the Treasury notes all the greater, as the only safe security. Depositors will be found demanding of the banks the sums due them; the banks, in turn, will be compelled to throw their mortgages on real estate, bonds, &c., on the market to meet these demands, thus increasing the excitement and hurrying each other in confusion over the financial precipice with greater consternation than that which cha- racterized the army in its fright at Bull run. Thus has the action of Congress, in refusing to permit the bonds or Treasury notes to be sold at less than par, brought us to the verge of an enormous financial panic. Should Wall street decide to take the loan at the terms fixed by Congress, the storm may be averted ; if, how- ever, they persist in their present decision, the popular loan will be resorted to, and nothing can prevent their banking institutions from be ing drawn into the maelstrom whose gurgl waters already await them. NEW YORK HERALD, TUESDAY, AUGUST 13, 1861. Roebel- | certain than that it would fi Mon—Important Letter of the Secretary of War, We published yesterday an important letter from Mr. Cameron, Secretary of War, in reply upon their fanatical principles. But Mr, Came- | whether connected with contracts, joba, or ron has just given them the coup de grace, and | promises of patronage we are as yet unable there is now every reason to hope for success: | to pronounce with entire accuracy—but and, what is more, the right to deserve it. the ideas and notions which they have so to @ communication of General Butler, which Piatt Sa es oc lay will be found in oug columns to-day, Tue Next Srare Evecrions—MovemEnts OF In consequence of the evacuation of Hamp- } raz Orp Facrions.—The old jobbers of the fac- ton by the federal troops, which was rendered | tions that, in past years, have held political necessary by the withdrawal of several regi- | sway in the State of New York, are busily en- ments from Fortress Monroe for the purpose of | gaged in preparing the way for conventions to reinforcing the army at Washington, hun- | nominate officers at the coming fall election, as dred negroes of the village fled across the creek | though the people had no voice in the matter to the fortress, three hundred of them being } whatever. Programmes are being manufactured able-bodied men, whom General Butler found | out of the rotten timber of obsolete platforms, of the greatest service in making intrench- | and slates are made up as glibly, as though the ments and saving our troops from the heat of | masses of the community either had no interest the sun. The General desires to know whatis | at stake, or would endorse any and everything to be done with them—whether they are pro- | that the fogies of democracy and republicanism perty, and what has been the effect of the rebel- } might see fit to suggest. The preposterous in- lion and a state of war upon their political } solence and ignorance of these proceedings will status. General Butler has no doubt that able- | be demonstrated in due time. A new element bodied negroes, fit to work in the trenches, are | has appeared, within a short period, in the contraband of war, as being liable to be used | midst of our municipal and rural populations, in aid of rebellion. But in the case of the sick, | which wilt change the entire aspect of local the old, the women and the children, the ques- | politics, and is already ae revo- tion assumes a different shape. lution which will disappoint ectations of The Secretary of War replies in the states- | the corruptieaders of by-gon . Of the mantike letter which we published yesterday: | fifty thousand men sent by the State of New He is silent about the children and women, but | York to fight the battles of their country against we presume they are included in the general | rebellion, four-fifths have returned, fully pre- scope of his answer, and that in the balancing | pared to take an active part in the remodifica- of the account for services received on the one | tion of parties. Théy thoroughly ‘understand /we may bida final farewell to the Union. hand, and for the maintenance of the women and children on the other, the govern- ment will deduct the cost for the latter from what it may owe for the former. General Cameron says it is the desire of the President “that all existing rights inall the States should be fully respected and maintained,” and that “the war now prosecuted on the part of the federal government is @ War for the Union, for the preservation of all constitutional rights of States and the citizens of the States in the Union.” But Secretary Cameron draws a dis- tinction between the rights of loyal and disloyal citizens. He says, in a State in which military operations are conducted the rights of all alike must be subordinate to the military exigencies created by the insurrection; but that while, in pursuance of the act of Congress passed in the late session, slaves or persons held to service, if employed in hostility to the United States, shall be discharged from service, and their owners forfeit their right to their labor, on the other hand loyga masters do not forfeit their fugitive slaves, though, on account of the difficulty arising from the absence of the federal courts and the serious objection against substituting military for judicial tribunals, to say nothing of the inconvenience, if aot the inrpossibility, in many cases, of making a satisfactory inquiry about the loyalty or disloyzity of the owners during the war, their substantial rights are best protected by receiving such fugitives into’ the ted, States, as yol] as fugitives the exigencies of the nation and are resolved to introduce a reform. Two-thirds of the gallant men whom patriotic enthusiasm induced to leave their homes, in April last, were democrats. The remainder were perhaps republicans; but all of those who have come back are’ unanimous in attributing the evils that have befallen the country, down to the calamity that befel our army at Manassas, to the misconduct and corrupt jobbery of re- publican leaders. They have seen in Wash- ington and Virginia such peculation and cheat- ing. as has no parallel in the history of the United States. Their own blood and lives have been speculated and traded upon with the most cold-blooded ruthlessness. They baye fought and suffered to become the pastime of venal officials, equally inefficient aud profligate. On the other hand, the disbanded regimefita among us have been able to see no greateramount of purity among democratic politicians than they have found among republicans, The heads of the two factions have, in many: instaticea, no- toriously combinégtogether, for the putpose of defrauding thé piiblic; and-none of them are to be trusted,” Lhey. must all be overthrown, and their machinations he rendered, for the future, abortive; and, leavened as the people are with the enlightened, indignant patriotism that is to be found distributed through each county and township, there.is little doubt that it will be done at the coming election. es: Forty thous, id patri sas zealous in com- service of the Upite frdm disfoyal wiakrs, Sod employ ; et ee ye Cr Ind employing them as | batiig corruption at home as they have heen cireumstazices ay require, keeping a register of the awe and description of the fugitives: and gf the name and the character, ag loyal ot, disloyal, of the master, as far as can “bo learned, in order that when peace returns Congress may award just compen- sation to the loyal masters at the same time that it provides permanently for all the slaves received into the service of the Union- In the war of the Revolution the slaves of the disloyal tories were forfeited; and in the war of 1812~15 General Jackson pressed slaves into the service of the government to dig trenches and perform other labor, and when peace was restored they were manumitted, their loyal owners being fully compensated for their value. These are precedents for the war now existing. But on no account shall the troops interfere with the negroes of peaceful citizens in a house or field, nor in any way encourage them to leave the lawful service of their masters, nor prevent the voluntary return of any fugitives to the ser- vice from which they may have escaped. This isa careful, a wise and a discriminating decision, which will give general satisfaction throughout the country. Ever since the inauguration of Mr. Lincoln there has been a fierce struggle in the republi- can party for the control of the war and the de- termination of its character. The organs and leading politicians of the radical wing have in- sisted that its true object is and must be eman- cipation—a servile insurrection and the exter- mination of the white race after the plan of St. Domingo. These men, represented by Wendell Phillips, Garrigon, Greeley, and others of the same type, care not for the Union, and would sacrifice it to-morrow for abolition. If they cannot achieve negro emancipation, the fanatics would prefer eternal separation. They are dis- unionists just as much as the South- ern secessionists. It was they who cried “On to Richmond;” and if their counsels are ever permitted to prevail in the future, then It was the moral poison which they sowed broad- cast over the land that so injuriously affected our troops at Bull run. Consisting for the mos’ part of democrats, the army had no other object in embarking in the war than to save the Union and the national capital. But when they began to suspect, from the language used by the leading journals of the republican party and by the most prominent members of Congress, that the military were to be used for the purpose of overthrowing the institution which is the basis of Southern civilization, they became demo- ralized and lost all heart for the war. How otherwise can we account for the defection of a whole regiment the day before the’ battle, and of the retiring of an important battery just as the first guns of the enemy were sounding in the ears of those who manned it? Under these circumstances the effect of Mr. Cameron's letter will be most salutary. He proclaims that it isa war for the constitution and the Union. The Unionists of the South will | be cheered and encouraged, as well as tM true Unionists of the North, among whom the great. | est'dissdifSfaction had begun to prevail, and the rabid abolitionists will be checked and rebuked, and we hope the dead enthusiasm for the war will be quickened into life, and alt will yet be well. General Cameron, who was originally a democrat himself, ought to infuse as much as poasible of the democratic element into the war: It is the fighting element of the country. We do not mean the politicians of the domocracy, but its soldiers. It is to these we must chiefly look for success, and not to the fanatical horde of abolitionists who hound others “On to Rich- mond,” while they consult their own safety by staying at home. The best thing the govern- ment can do is to cut completely loose from them. They are a violent, insolent minority, who presume to dictate to the majority and in- sist upon the war being carried on for the propa- getion of their peculiar ideas, Nothing is more in fighting with treason on the banks of the Po- tomac, and with a perception of the injury done to the nation by corrupt cliques, which is inten- sifled by the remembragco of unnecessary per- sonal suffering, are an abundantly sufficient force to complete the repugnance and disgust with which the wirepullers of democracy and republicanism are contemplated by the,people- Before the middle of October, the tocsin will be efficaciously sounded, and sucha tremendous uprising may be expected as has not been wit, nessed in the State of New York, within the me. mory of the present generation. A Por ror tug Sovra.—In his recent speech at the opening Of the Rhode Island Legislature Governor Sprague speaks in the following ex- travagant terms of the organization of the rebel aimy:—“We were under the impression that they were lacking in all the resources which go to raise and maintain armies; whereas, in almost every particular, we have found them superiorto ourselves; we have found not only the physique of their men equal to ours, but their clothing, their arms, their subsistence and their means of transportution—everything that goes to make up military éfliciency—éuperior to ours.” Governor Sprague is a large Rhode Island manufacturer, and accompanied the troops from that State to Virginia in the capacity of a Gene" ral of volunteers. From the language quoted above it is evident that he went to the war efiher ignorant or forgetful of the fact that for years past, while he and others like him were peacefully pursuing their avocations at the North, the people of the seceded States had been preparing for the present struggle. Did he ex- pect that in staking everything on the result of the first great battle they would be found unprepared, or in a worse state of organi- zation than our own troops? It was, on the contrary, notorious to every one but the govern. ment and Mr. Sprague himself that, since the removal of the Confederate government to Rich- mond, all their resources, in men, money and arms, were expended in rendering their position at Manassas impregnable. The condition of things disclosed by the unfortunate affair at Bull run, therefore, surprised no one but those who had been urging on a premature advance- It was attempted with inferior numbers, with- out adequate preparation and against the better judgment of General Scott. Any comparison instituted under such circumstances, witha view to draw general deductions therefrom, is simply foolish. In regard to the equality of physique said to have been displayed by the rebels, at this or any other engagement since the commencement of the war, we should like to see the proof of it- Every time they have ventured from behind their intrenchments, and have met our troops in the open field, they have been thoroughly whipped. It could not fail to be otherwise. Although of the same race, the difference of cli- mate and the constant habit of labor must always give our Northern troops the advantage in a hand to hand encounter with those of the South. Governor Sprague is more (hana gene. rous foe. He unnecessarily disparages his own side to give endue credit to the enemy. Tue Casinet AND tts Position.—A great deal of undeveloped ferment, and pent up discontent, is pereeptible throughout the North, with re- spect to the Cabinet. Moen talk and whisper to- gether—especially in the ranks of the republi- can party—as though the salvation of the coun- try were dependent upon some speedy change of the advisers of the President. The grossest charges are circulated against individuals, and every effort is made to obtain for them ere- dence. These commenced, some time before the battle of Bull run, in the columns of such Ja- cob in journals as the Triune and Times, and were re-echoed by other republican newspapers of the loyal States. Of late these two organs of discontent haye been silent on the subject, industriously disseminated, still prevail, and are acquiring a constantly increasing latent force. They must certainly break forth in some new spot before very long, if the members of the administration do not prepare to avert the itorm, We have no objection ourselves to any of the Cabinet of President Lincoln. They are all— ladies and gentleman alike—acceptable enough to us; but the virulent tigades of Massa Greeley and Jefferson Brick have done their work, and deep dissatisfaction prevails which it will be difficult to allay. It can only be done by an earnest endeavor on the part of each individual member, to do his duty, singly and disin- terestedly, in getting rid of those army and navy worms that have created such terrible ravages. Popular applause will reward every effective exertion that may be made in this direction, and it is the only way in which a general uprising of the people against the ad- visers of the President can be prevented. ry the Cabinet will put its foot upon the necks of all jobbers; if it will root out the corruption that so largely prevails; if it will carry on the war with skill, diligence and economy, it may langh to scorn the bad feeling which Greeley and Brick have er6afed, did be sure of the ap- probation of good men throughout the nation. ‘Tae Mitrrary Enruvst asm Deap—A Govern: MENT ORGAN ACKNOWLEDGING THE Coxy.-—AD organ of the administration, in this city, of small circulation and large patronage, makes the fol- lowing announcement :— Recruiting for the army here is dead—virtually dead. There is arencezvyous ip Cedar street, one in Chatham street, and one in Hudson street—al! for the olf ariny— and these added but fifteen men to the service last week. every recruit brings the man who enlists him two dollars. house rent and the support and pay of recruitiag par- ties go to make the newly obtained soldior doubly dear the government. Each rendezvous costs at least $206 a month, and, of coursg three rendezvous cost $900. This makes each individ cost over fifteen dollars be fore ho eats his first government meal. Now, what is the cause of this in a city in which, three or four months ago, the flame of mili- tary enthusiasm burned so fiercely? It is owing to two causes. The first is the treatment of the troops. They have been cheated in their cloth- ing, in their food, in their arms, in their equip- ments, in their officers and in their generals, The lobby jobbers have become patriot jobbers, and all the committees and commissions, State end federal, appear to have combined to rob the soldier. One of these committees, in its offi- cial report, admits the plunder, and the Unie Deferive Committee of this city has never dared to publish ‘the accounts. This ill treatment of thé troops, together with the fanaticism which attempted to pervert the objects of the war into one.of abolition, has resulted in the disaster of Bull run, The troops, once so enthusiastic, have returned dejetted and dispirited, and they go about the city exposing their sufferings and the Goisequende is, nd recruits can he obtained. The journals at the Nor' have been in the habit of describing the Southern troops as half starved, half naked and badly armed. But those who fought them at Bull run now tell a very different story. Whit is the testimony of Governor Sprague, who bore the brunt of the battle? In his addreas to the Rhode Island Legislature, published io Sunday’s Heratp, he says:— ‘The war will of necessity be a fong one. We have been in error as to the strength of the enemy and as to the tong and persistent course which ‘deen pursued by the South tending towards this point; while we have been occupied in our business they have been creating revolution. We were under the impression that thoy were lacking in all the resources which go to raise and malntain armies, Whereas, in almost every particular. we have found thom superior, to ourselyeg; we baye found not only the physique of their men equal to ourd™ but their clothing, their arms, their subsistence and thoir Meaus of transportation—everything that goes to make up military efliciency—superior to ours, Now, when it is considered that the Confede rate government is without money or credit, and that the United States government has both without limit, what can be more shameful than the fact that the clothing of the Southern troops, their arms, their subsistence and their means of transportation—every thing that goes to make up military effigiency=superior to ours? If this game is played much longer it will soon be played out, and we might as well at once stop the war and acknowledge the independence of the Southern Confederacy. There is a heavy responsibility incurred; and unless there is a speedy and a sweeping reform, men in high places will yet have to answer to an indignant people for the wreck of the republic. A Fresa Accussion To Tae Union Ranks.— The offer made by Garibaldi to our government of his services has been accepted, and he is to receive the rank of Major General in our army‘ His name and presence will be of immense value to the Union cause. They will prove to the English and French governments that it has the sympathies of the friends of human freedom | throughout the world, and that any interference on their part in favor of the South will expose them to a severe re tribution at their hands. Large Fire at Versailles, N.Y. Puerryszurc, N. Y., August 12, 1861. ‘The Cascade Mills, together with’ alarge amount of grain, owned by J. N. Greene, at Versailles, N. Y., was to- tally destroyed by fire on Thursday night, The total lose is $13,000. Insured on the mill, machinory and stock im the Astna, North American, Hartford and Charter Oak Companies, $9,000. Completion of a Telegraph Line. Cmcaco, August 12, 1861. ‘The Iowa and Montrose Telegraph Company’s lines, con- necting Keokuk, Montrase and Fort Wados, in lowa, di- rect with Chicago and theEast, was completed to-day, Darke PHILADELYHIA STOCK BOARD. ParapEnvnia, August 12, 1861. Stocks dull. Ponnsylvania 5's, 773° Reading Raitroad, 18:4; Morris Canal, 38 Long Isiand Railroad, 954; Penn sylyania Railroad, 35. Exchange on New York, one-tenth discount. Aumany, August 12, 1861. Flour dull, Whoat: sales in car lots, at $1 13 fur old and ew red State; $1.15 for new red State and Kentucky; 28 for white Michigan, and $1 33 a $1 35 for white ncky. Corn in moderate demand: sales 12,900 bushels Western mixed at 42140., and 49c. for round yellow. Whiskey: sales 145 bbis. at 1630. a17e. Received by Centra! Railroad, from New York—147 bbls. high wines, 54 bales wool, 1,859 bbls. four, 176 bhds. tobacco. For Boston and East—57 bhds. hams, 26 bbis. high wines, 1,566 bbis, flour, $14 bales wool. Shipped by tows to New York, August 19—6,000 bushels corn, 9,000 do. oats. Burrao, August 12,1961. Flour steady. Wheat firm: sales 65,000 bushels North- western club at 90c., 10,000 bushels Milwaukee club, 91c.; 5,800 bushels White Michigan, $1 15; 6,000 bushels Whita Kentucky, $1 12031 15. Corn—Holders asking 35¢. , and holders firm; no sales, Oats steady and in good demand: saies 30,000 bushels at 25¢. Canal freights steady—I1c. on corn and 12c. on wheat to New York. Lake imports— 5,000 bbls, flour, 60,000 bushels wheat, 80,000 bushels corn and 10,000 bushels oats. Caual exports—200 bbis. flour, 87,000 bushels wheat, 101,000 bushels corn and 17,000 bushes oats. Brrraro, August 12, 1862. Flour steady and in moderate demand. Wheat firm, bat transactions restricted. by a violent rain storm: sales 6,000 bushels Northwestern club at 90c.; 10,000 bushels Milwaukee club at 91c, 6,000 bushela white Michigan a& $1 15, 6,000 bushels white Kentucky at $1 12. $1 15. Corn. firm: sales 13,000 bushels at 34c, 6,000 bushels at 35c. Whiskey nominal at 154c. Canal freights steady. Lake finports—600 bbls. flour, 60,000 bushels wheat, 72,000 bushels corn, 36,000 bushels oats, Canal exports—1,500 bis. flour, 55,000 bushels wheat, 95,000 bushels corn, 17,000 bustiels oats, Oswaco, August 12, 1861. Flour unchanged. Wheat in fair demand: sales 3,000 bushels No. 1 Chicago spring at ST¢.; 14,000 bushels ‘do at 870., afloat, and 2,500 bushels ol1 winter rod Wester $1 08.' Lake imports: 200 bbia. flour, 9,800 bushel @ wheat, 92,200 bushels corn canal exports, 1,167 bhis. flour, 8,000 hughela wheat, 52,200 bushels cora, 1,000 bushels for | rye.