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4 EW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFVICR N. W. CORNER OF FULTON AND NASSAU STS. TERMS cash in advance, Mone open by mail ¥ ill be atthe v'the sender, None but Bank vilts current in New York Euan Batti ‘ete, at aannian to.any party? Great Britain, Or BU 12 to dny parton the Continent, both t» inclule postage; the Cal fornia But Me Jat tlth and lst a7 each month, at siz ALD, on Weduesday, at four cents per containing important the orld; if will be RRESPONDENTS ARE Auk LETTERS AXD PACK Merully pod jor. Bam Panricvianny Requests 70 § AGES SKNT US Voinme XXVX¥ -No.225 AMUSEMENTS THIS EV: WINTER GARDEN, Bioadw Pauprey O'Raveenty— Prouy Gare, NEW BOWERY THEATRE, Bowery,—Jonn Pavipixc— Watcsce—Wiikuigie MALL. MUSEUM, Broadway.—Day Wo BuzzaRps—Buans, Sea ' BRYANTS! MINSTRE! NTS' } es! Hall, 472 Broad. way.—Fmurorian Son Rival Danxies. MELODEON CONCERT HALL, No. 539 Broadway Bones, Daxces, Bunreseues, ke, —CHILD OF THK REGIMENT CANTERBURY MUSIC Darces, BURLESQUES, AC. GAIETIES CONCERT ROOM, 616 Brondway,—Drawixa Room Exrentainments BALLers, PANiomitxs, Parcs, &c. HALL, 585 Broadway.—Sonas, ISIO HALL, 444 Broadway.—Sonas, BaL- &C.—PORTRAIT PAINTER.” New York, Thursday, August 15, 1851. Ly OUR WAR MAPS. We issued another Merous maps, have the grams of the ope- edition of nu plans and di tations of the Union and rebel troops in Vir- Binia, Missouri, Illinois, Morida, and on the Missis- Bippi and Missouri rivers, and it is now ready for delivery. Agents desiring copies are requested to Bend in their orders immediately Bix cents. Single copies Wholesale price the same as for the Werkty Heraup. THE SITUATION. We give to-day additional particulars of the battle at Davis’ creek, Missouri, and the move- ments of the Union tro@ps which preceded that Action, as detailed by General Sweeny and others: {t appears that the number of men under General Lyon has been greatly exaggerated. pi 8,000 the there Were only 5,500, the Home Guard, numbering pver 2,000, ha eld, and were There is very Tnstead men being in action remained in Sprii the field at all. little doubt that the rebels numbered some twenty- three thousand. It seems that the attack was made in two columns by Generals Lyon and Star- not in Bes, General Siegel leading a flanking force of About one thousand men and four guns on the south of the enemy's camp. ‘The fight raged from sunrise until one or two o'clock in the afternoon. The rebels, in ove whelming force, charged Cap- tain Totten’s battery tree distinct times, but were repulsed with great slaughter. General Lyon was wounded in the leg at an early hour during the battle, and had his horse shot. The Colonel of one of the Kansas regi been killed, the men called upon G Jead them. nents having eral Lyon to He immediately threw himself in front pf them, and while cheering the men on to the charge received a bullet in the left breast, and fell from his horse. He was asked if he was hurt, and replied, ‘No, not much,”’ but ina few minutes he He was a gallant sol- soldier should, in front expired without a struggle. d died bravely a: of his men. Judging from the official reports of the battle, ft is not to be regarded as a defeat of the Union army, nor is it so regarded in Washington, but on the contrary, it is considered in the light of a mas- terly retreat from @ position which was found to be very dangerous and exposed, and impossible to be held by a small force in face of an over- whelmingly superior one. It is evident, moreover, that the rebels suffercd terrib!y—lost all their tents and wagons, and were driven back so far that the troops actually occu- pied their encampment for several hours after the engagement was ended. General Siegel made his retreat to Springfield and Rolla im admi- rable order, losing nothing but three guns—which were disabledin the action by the horses being killed—and which he spiked before abandoning them. The retreat was rendered necessary from the beli teinforced by General Hardee with a body of twelve or fifteen thousand men, who was advancing ou Pilot Knob, and thus the danger of being cut off from Rolla, the terminus of the railroad communication St. Louis, became im- minent. General Siegel felt confident that he could have held Springfield only for this informa- Hon, and he seems to be borne out in this opinion by the fact that no pursuit was attempted. Gene- ral Siegel will probably fall back to Lebanon, and there await reinforcements. The loss of the Union army is variously estimat- ed at from 150 to 300 killed and several hundred wounded, while the rebel logs is put down at over two thousand. There is some donbt as to the Geath of Generals McCulloch and Price, while, un- happily, no doubt whatever hangs over the fate of the gallant General Lyon, whose body was brought back to Springfield. Major General Fremont has deeme@ it neces- gary to establish martial law in St. Louis, and to arrest the President of the Board of Police Com- missioners, John A. Brownlee. Major McKinstry, United States Army, has been appointed Provost Marshal. We learn from Washington the Seventy-ninth New York Highland regiment are ina state of insubordi- nation, in consequence of permission being refused Union f that the rebel forces were about to be with them to come home and see their families and elect officers to fill the vacancies. The regiment was marched to the Navy Yard Yesterday under an escort of cavalry, and forty or fifty of the most active leaders of the trouble were arrested. Despatches from Grafton, in Western Virginia, dated yesterday, inform us that a skirmish took place a few miles from there on Tuesday, on the Fairmount aud Webster road. Information having Deen re eived that a secretly organized body of rebels, living in the county, were lodged within a few miles of We r, General Kelly de- spatched Captain Payton, of Company A, Fourth regiment, _ with fifty from Webster to disarm them. After fog nearly twenty-four hours be came suddenly Virginia men, scout- } $10,000 upon them at noon, aud after an hour's severe fighting succeeded in killing twenty-one and put- ting the others to flight, without any loss to his command. The rebels numbered two hundred, General Rosencrans was, at the latest accounts, somewhere in the vicinity of Cheat Mountain Pass—about Beverly or Huttonville—awaiting the advance of General Lec, should he attempt to cross the Alleghanies to make a junction with Governor Wise, as it was reported to be his inten- tion, ‘Tho Persia has brought us European news of the Ath inst. Most of the London journals are vehe- ment in their oppbsition to the idea of nogotiating 4 United States loan on the Stock Exchange. They affect to dread that, should the federal government and the Jeff. Davis Confederate leaders become re- conciled, a general repudiation of foreign debts would immediately ensue. England had ordered additional war vessels, with naval reinforcements, It is said that Kingston, Canada, will be» declared a permanent naval as well as military station, The United States blockade of the Southern ports is denominated ‘inefficient’ and “contemptible” by the London Herald, while other English papers call on both France and Eng- land to unite in action for its annihilation if it is not effective, as they assert it is not. Some very interesting letters from English special corres- to the American coast. poncents, both in Washington, Richmond, Va., and Manassas Junction, on the subject of the war and our war prospects, are published in our latest » special correspondent of the London Herald, writing from Richmond, Va., states that a promi- nent French merchant was purchasing all the to- baeco which was for sale in Virginia, on account of the French empire. THE NEWS. The Persia, from Liverpool on the 3d and Queenstown on the 4th instant, reached this port yesterday afternoon. Fer news is two days later than that brought by the Nova Scotian to Father Point. ‘The Bank of England, on the Ist instant, reduced minimum rate of~discount from 6 to 5 per cent, he movement was anticipated, and produced no effect on the funds. Consols closed in London on the 3d inst. at 901¢ a 9024 for both money and account. A reduction in the rate of discount by the Bank of France was considered not improba- ble. The excitement in the Liverpool cotton mar- ket had subsided, and the staple was in dull de- mand, but prices had not changed. The stock on hand amounted to 1,019,990 bales, of which ,000 were American. Flour remained quiet and unaltered in value. The Emperor Napoleon has reached Fontain- bleau from Vichy. It was said that he was direct- ing an imperial intrigue for the displacement of Ricasoli as Premier of Italy. England was medi- ating between the Queen of Spain and the Emperor of Morocco on the subject of the occupation of Tetuan and the payment of the indemnity to her Majesty. The private subscriptions to the new Italian loanamonnted to nipe hundred and sixty- three millions of francs, of which the Rothschilds, of Paris, had handed over one hundred and fifty millions. Lord Herbert, formerly Mr. Sydney Her- bert, Secretary of State for War of England, Jied on the 2d instant. On the 31st ult. the new Sultan of Turkey received Si Henry Bulwer. General Codrington was expected in Constantinople to con- tulate the Sultan, in the name of Queen Victo- ria, on his accession. The Arago had reported in England the news of General McDowell's engagement with the rebels end temporary repulse, on the 18th of July, at Blackburn’s ford, near Bull run, and we are told that the Persia,coming out, passed the Canada going in, near Queenstown, and on exchanging pa- pers with her the passengera on board the Persia were informed of the retreat of our troops from the last named place. We have no report, however, of the effect produced in Great Britain by the ad vices of the Canada. “ Our correspondent in Buenos Ayres, writing on the 27th of June, states that the republic was rapidly arming for war with the Confederation. All the war steamers not belonging to Urquiza, had been purchased by the government. Urquiza as commander-in-chief of the national ferces, was equally alert in his movements. Exchange rated fearfully high, Atmerican imports cummanded good prices. Advices from Ceylon, dated at Colombo on the 29th of June, report that the export of coffee during the fortnight amounts to 50,001 cwts., in the pro- portion of 36,641 plantation and 13,360 ewts. native—the greater portion of which went, as usual to London, for which port six ships have sailed, taking 34,767 ewts: plantation, and 6,136 ewts. native. The weather for the past fortnight has been good, and favorable to the preparing and shipping of produce. The prospects of the coming crop are still rather gloomy. Labor is very plenti- ful. The money which it was reported General Siegel took with him in his retreat towards Rolla, belong- ed to the Springfield branch of the State Bank of Missouri, and amounted to about $250,000. It was placed in General Lyon’s eharge for safe keeping by the directors. rding toa proclamation of Goy. Brown, of that State has furnished seventeen thou- sand troops for the rebel army, and equipped them at a cost of nearly three hundred thousand dollars, exclusive of the arms, which, of course, cost nothing, as they were stolen from the government, Gov. Brown says that all the arms at his disposal are now exhausted. The AlWany Journal says it is believed to be Gen, Wool'’s policy to make the war aggressive. If such is the fact the old hero will require a pretty large force before he can march on to Norfolk and along the coast of North Carolina. At the last meeting of the Board of Supervisors ® communication was received from Mr. Mott with reference to the property in Brooklyn, including the, Atlantic dock and adjacent made ground. Mr. Mott gives it as his opinion that they are all within the limits of the city of New York, and liable for taxes and assessments, as the original charter of the city fixed the boundaries at low water mark on the Long Island shore. This report will have to go before the Supreme Court for con- tirmation before the property is taxable hy New York, The of Mr, Hackley, the Street Contractor, charged with contempt of court, was again, after arguments similar to those already several times reported, postponed to the first Monday of the October tcrm of the Oyer and Terminer. Mr. Hackley appeared in person, Judge Ingraham, in ranting the postponement, said he did so because it appeared to him that the last delay was occa- sioned by the Court of Appeals and not by the de- fendant, although Mr. Hackley’s conduct in other ters had not been satisfactory, The bail in the case of Albert Van Horn, charged with dealing in the slave trade, was brought up befove Judge Shipman, and, on motion of his coun- sel, ex-Judge Bebee, his bail was reduced from $5,000—two sureties justifying in it as m: to » the Spaniard, in custody for some time of fitting out the slaver Cora, was ad- ail yesterday before Commissioner J. B. fenry, in th m of $5,000. We learn from Cincinnati that a writ of habeas ” Corpus has been issued by a Judge in Campbe! NEW YORK HERALD, THURSDAY, AUGUST 15, 1861. poh : county, Ky., to release the rebel Lieutenant Colo- nel Tyler, wlio is now a prisoner at Newport bar" racks. Before, the writ can be served Tyler will be on his way to Fort Lafayette, in New York har- bor, where the government has ordered him to be taken. Claiborne Fox Jackson, who was elected last year Governor of Missouri, but subsequently run away from the State in petticoat disguise, has issued © proclamation from Memphis, Tenn., declaring Missouri free and independent, and no longer con- nected with the United States, The rebels lost in killed at the battle of Bull run two generals, one brigadier general, seven coloncls and two lieutenant colonels. ‘The names of the three candidates elected to the United States Congress in East Tennessee were Thomas A. R. Nelson, in the First district; Horace Maynard, in the Second, and George W. Bridges in the Third. They all started for Washington to take their seats, supposing Congress to be still in ses- sion. There are twenty-one regiments of rebels at New Madrid, Missouri, They number about twelve thousand men. The Rocky Mountain Mustang has his eye on them. It is reported as a fact that a member of the Towa Legislature made thirty-four thousand dol- lars profit out of the contract to clothe the State Volunteers. The name of this smart operator should be known to the world. The unconditional Union party of Maryland will hold their State Convention to-day in Baltimore, to nominate candidates for Governor, Comptroller of the Treasury and Commissioner of the Land Office. Rey. Joseph Cross, chaplain of the Walker Le- gion and war correspondent of the Nashville Cluris- lian Advocate, in his letter describing the battle of Bull run, says:—The brutal rascals in Washington beat to death the few Southern captives they had taken.” is miserable fellow further says that in a few weeks he hopea to preach from the steps of the Capitol in Washington, on the words of General Joshua before the gates of Jericho:—Shout, for the Lord has given us the city."’ Sincere Chris- tians would no doubt advise this lying stigma upon religion to look well after the salvation of his own soul, The Breckinridge or hard shell democratic State Central Committee, under the management of John A. Green, will meet to-day in Albany. The Commissioners of Emigration met yester” day, but for want of a quorum no business was transacted. The number of emigrants who ar- rived here during the last week was 453, making atotal of 51,862 who have arrived at this port during the present year, a decrease of 14,116 up to the same time last year. The number cf in- mates on Ward's Island is 903. The treasurer's report shows a balance in the bank of $16,114 07. ‘Thore was more firmness in the market for cotton yes- terday, and prices closed on a basis of 181<e. for middling uplands, withwales of 900 bales, The breadstuffs markets were more animated, and, with inadequate supplies, prices of dour advanced 5c. and wheat 1c. a 3e. Corn, however ted downward toward the close, as it was more fr¢ offered. A large movement was reported ia rice, 1 41,500 casks haying been sol, mostly to speculators, an adyance of ie. a Xe. Large sales of common and No. Lrosin were also effected, and at higher prices. A limited business was transacted jn provisions—pork was heavy at $15 a $15 1214 for mess, and $10 1234 a $10 25 for prime. The sales of sugars were 1,000 hhds. Cuba at Sige. a OX¢e. The tea sale passed off with moderate spirit and a well sustai The freight market was a Uittle irregular, but there was more produce offering. The Battle in Missouri—The Lesson It 7 Teaches. By the news which we published yesterday from Missouri, and of which we publish fuller details to-day, our readers will have perceived that a desperate battle was fought on Saturday last, the POth inst., at Davis’ creek, nine miles southeast of Springfield. The killed and wounded of our army—800 out of 8,000, ac- cording to General Fremont, but only 5,500 according to our Rolla despatch— far greater in proportion to the numbers en- gaged than at the battle of Bull run. The General in the, chief command was slain, and it appears that Siegel, whe led a flank movement, was pressed very severely, losing three out of his four cannon, spiking them, however, and disabling the carriages be- fore they fell into the hands of the enemy.» A retreat was effected in good order, about iwo o'clock, to Springfield, after the Union General destroyed such ammunition as he could not re- move, and other property which weuld be valu. able to the rebels. General Siegel had pos- session of the enemy’s camp, and held it for eral hours, until he deemed it advisable to assume a stronger position. According to Gen, Fremont’s despatch to the War Department, he continued his retrograde movement at three o'clock next morning in the direction of Bolla, the terminus of the railroad from St. Lonis. From later intelligence we learn that he halted after a march of thirty miles, and that it was likely he would not retreat further than Leba- non, where he will probably receive reinforce. ments. It is stated that he could have held Springfield but for the ayproach of Hardee with large reinforcements to the rebels; which is also the reason assigned for his fighting the battle against such odds, in order to prevent a junction between Hardee and McCulloch. When we take into account the loss the rebels sustained, and that Siegel's failing back was not a rout, like the affair at Bull run, but a judicious and well- executed movement to prevent his force being flanked and turned, and his commu- nication cut off in the direction of his s:pplies, it will be seen that there is nothing to bo of on the part of the rebels, consider- ing that their foree on the field num- bered 23,000, including Indians, and that they lost, it is said, some 2,000 men in killed and wounded, besides the loss of their tents and wa- gons--being burned, according to one account, by themselves, but according to another account by the shells of Totten’s artillery. that two of their ments were nearly cut to pieces; and when we are told that they charged in overwhelming force three times upon Totien’s artillery, and were repulsed each time, they must have suffered a terrible slaughter. Esti- mating their loss in the same proportion to numbers as the killed and wounded of General Lyon’s army, it would be 2,300. It appears that General Price is not killed, and the rebels say that McCulloch is not; but that remains to be seen. The fact that the rebels did not pursue shows that they were exhausted. On the whole, therefore, we may regard the result as neither a victory nor a defeat, but a drawn battle, while it is evident that this time the superior genesal- ship was on the Union sid But although the check was not so serious as at Bull run, the result is not what it ought to have been. There ouglit to have been no such check, and there Was no necessity for it. The loss of such a General as Lyon is not easily re- paired; and had §| at reinforeements been sent to him in time, not only would he have been siill alive, in all kmman probability, but the victory would have been nuinistakeably his By “k the war would This mode of fighting will never do. actions like that at Da be prolonged Ull crag of doym without any also. Itis stated | beneficial result. Why should we not eugage the enemy in numbers at least proportionate to the population? The rebellious States have eight millions—we have twenty millions. It is in that proportion that we ought to meet them on the battle field. In the late engagement in -Missouri the numbers were reversed. Whose fault is this? Our army ought not to fight unless in such overwhelming numbers as to crush the rebels out. If our generals in Missouri are not able to sustain themselves from the Union men of the local population, the government ought to send them aid. The re- hels ought not to be allowed time to organize, possess themselves of artillery, make intrench- ments and erect masked batteries. The most rapid movements ought to be organized against them, which would keep them constantly treating. The delays to make immense prepa. rations for Bull run fights will not pay. Nor is it necessary to take the mail routes to Richmond with a fortified position of the enemy in the way. Whether it is desirable to permit ten thousand of the enemy to remain unmolested at Fairfax may well be questioned. The plan is to harrass the enemy, and not wait for great battles. . Itis known that these are the views of the young generals—McClellan, Banks, I'remont and Rosencrans—and there is reason to believe that the veteran Scott coincides with them, and that hereafter there will be more activity and energy in the campaign, It will perhaps turn out at last that “sweet are the uses of adver- sity,” and that we have learned something salu- tary from Bull run and Davis creek. The Gove Loan Taken by the Banks—Let the Administration now Act with Energy. The important question—the government loan—has been finally disposed of by the prompt and decisive action of the committees representing the moneyed interest of the three leading cities in the loyal , at their con- vention held in this city yesterday. For full particulars we refer the reader to the report in our financial column. It appears that the committees appointed by the Boston and Philadelphia bankers visited this city for the purpose of consulting with the Wall street com- mittee, and met it yesterday morning. Their consultation resulted in the recommendation that the banks and bankers of the three leading cities agree to furnish the government with the necessary sinews of war by subscribing for the Tigasury notes at the rates fixed in the act of Congress authorizing the loan. The bankers assembled in convention at three P. M. to hear ihe report of the committee, and after consider- able discussion acquiesced in the decision of the joint committee, agreeing that the banking inte- rests of the three cities should pledge themselves to take fifly millions of Treasury notes, bear- ing seven and three-tenths per cent interest, immediately, fifty millions on the 15th of October, fifty millions on the 15th of Decem- ber, and so on until the eniire loan was taken— providing that, in the meantime, the govern- ment should not issue any other notes or bonds— the first issue to bear date and draw interest from to-day, the 15th of August. This settles the question that has caused so much anxiety to our financiers, to the administration, and to all who are anxious for a speedy suppression of the rebellion, This decision of the men who control and manage the financial interests of the nation has secured to the administration the necessary funds for a vigorous ‘prosecution of the war until the citizens of every State are protected in their constitutional rights. In thus coming ferward at this critical and trying hour, and pledging themselves to unlock their vaults and deal out their millions, it is but reasonable to suppose that they and the people, in return, will expect it to be expended, not upon favorite contractors: but in an economical and energetic prosecution of the war. Theve is no longer any reasonable excuse for the government to waver or del: they have asked for money, and it is at their command. Let their operations and the move. ments of our grand army be now prompt and decisive. We know that President Lincoln is endeavoring to do his whole duty in this matter, but he needs advisers who can comprehend the issues of the day; he wants men of ability, en. and honesty at. the head of the deparitments—men who comprehend _ their duties, and who will fearlessly execute then Our people do not any longer want to see their government—representing twenty millions of loyal people and contending with a rebellious tion representing less than eight mil!- sending into batfle armies one-third of the force of the enemy, as was the case both at Bull run and Davis’ creek, Missouri. These facts, taken in connection with the looseness of .the blockade, are noi calculated to give the public any great confidence in the heads of the departnents, and it will behoove Mr. Lincoln to that more energy is infused into their bureaus, or difficulties more serious t any that he has had to contend with will soon pre- sent themselves. The public are now looking to the administration for an efficient and ener- getic prosecution of the war. Let the authorities at Washington seg thaf'they are not disappointed in this expectation. ergy see Harsorixe Priva’ ~By the arrival of a vessel from Curacoa, one of the islands in the Caribbean Sea, under the dominion of the Dutch, we learn that the privateer Sumter was ailowed to remain, coal and refit there for a x; and, so far as the authorities of the place were concerned, might have prolonged her stay indefinitely. This is an important fact, and demanding the immediate attention of the government. We cannot permit Holland, or any other Power, to ex- tend aid and succor to these marauders by allowing them free ingress and egress, and supplies of everything they may require, with- out limit to their stay. Such facilities held out to privateersmen are, we need not say, an out- rage upon the United States; and it therefore clearly becomes the duty of the Secretary of State to communicate with Mr. Von Limburg, the Netherlands Minister, on the subject, and distinctly impress upon him the necessity for closing the Dutch West India ports to the rebel ernisers. With the same object, the Danish Minister ought to be requested to prevent privateers being harbored, coaled and pro- visioned at any of the West India Islands belonging to Denmark. As long as the pri- vateers have a refuge in ports so convenient one as those of the Antilles or vibbean Seay their facilities for committing di will continue undiminished; ther: hound to protect our commerce by de that such diteet aid and comfort to the rebels eat onge withdrawn. ARSE Se SO oe The British Government and Our Na- onal Lorn. There is a prospect of renewed complications with Great Britain. In the House of Commons on the 29th of July, Mr, Gregory, who way be considered the agent of the rebels in the British Parliament, asked whether the government had received any information to the effect that goods contraband of war, including a battery of artillery, had been conveyed ftom Liverpool to New York in the steamer Kangaroo, and that aloan for the United States government had heen opened upon the Stock Exchange? If so, was this in accordance with British principles of non-interventior The reply of Lord Pal- merston was distinguished by a studied am- bignity, which, howev: is capable of a some. whai definite interpretation. He said that he was not personally cognizant of the matters re- ferred to, but that, should they arise, they would of course be dealt with by the govern- ment. There woufd be less doubt of the exact meaning of the words of Lord Palmerston’s reply if the goods contraband of war had not been associated with the loan in the question asked by Mr. Gregory. But, notwithstanding, it is obvious that he meant that as soon as the loan was opened on the London'Stock Exchange the government would interfere to prevent its negotiation, as an infringement of British neu- trality. Were it not so the reply would have been couched in very different terms, This, therefore, plainly shows the real senti- ments of the British government towards this country. When we warned the American pub- lic of the secret hostility of England to the United States, and of her desire to promote the cause of the rebels, and even eleyaie the insur- gent States to the dignity of an independent nationality, we were assailed by nearly the whole press of England for what was said to be our wilful misrepresentation of a friendly government. Does not this one act alone show that we were right in our estimate ef the charac- ter of the British Cabinet? Even the news- papers that formerly veiled their own and the government hostility tous now come out boldly and proclaim it. Not the slightest encourage- ment, we are told by one London journal, should be given to the negotiation of an Ame- an loan in that market, and although endea- it is not believed they will be successful. We trust that the ‘British public will offer no encouragement, even to the most speculative money broker, to embark in such aa enterprise, says another journal, and the most decided ill will is mani- fested in the matter. [f this is friendship, what is hostility? Hitherto the London money, mar- ket has been open to all the world—to esta- blished alike with revolutionary governments— and the negotiation of loans has proceeded with- eut restriction. But now when the great republic of the New World steps in the doors are in- sultingly shut in our faces, Thus it is that every link in the’ chain of events connected with this war demonstrates the necessity there is forthe government subduing this rebellion with a gtrong arm, and restoring the country to peace as soon as possible. Not only do the re. sults of our battles, but owr relations with foreign Powers teach us this. Every week our affairs abroad are becoming more complicated and critical, and unless we see more energy and determination on the part of the administra- tion, matters will soon arrive at such a crisis that we shall not only have to fight the rebels, but the allied fleeis of England and Frange. Y vors may be made to raise the mone; Tux Facrs or a Barrie Frenp.—When the battle of Bull run was fought we had, first, the news of a great victory, then of a defeat, and, lastly, of arout. Then came the individual ac- counts of the battle, in which every common soldier figured as a hero and every officer as a Napoleon. The wonder was that with such elements our army did not» rush on to Rich- mond instead of back to Washington. After all this had gone the rounds of the newspapers we began to get the salid facts of the battle through the reports of Gen. McDowell and of ion and brigade officers. we found that the regiment which ve cut up the Black Horse of the enemy so terribly was not to be got together when its commander wanted to place it in posi- tion, and that other regiments which were vegarded as reliable were no where when they were wanted to protect a ba cover the retreat. The last solid facts in con- nection with this battle we published yesterday, in Col. Porter’s statement. It is reports like these, and not the vaporings of self-made heroes, that are going to make our troops what they should be—a splendid army of brave and well oflicered men. The expo- sures made by them, though they may excite some unpleasant feeling for the moment, will do a great deal of good, because men who have acted bravely on the battle field like to receive the credit that is due to the Furthermore, they will impress the cowards with the fact that such a scene is nodit place for them—a convic- tion that, acquired earlier, wonld have saved the country some loss and themselves deep humiliation. Tue Ne YY oF Minirary Exeray.—Ac- cording to reliable intelligence received from the South, it is beyond a doubt that the re leaders in Virginia are making extensive prep: rations for some most dec sive act on the Potomac. On the strength of their victory at Bull run they pave been able to make ap- peals to the Southern population for aid, which have been promptly responded to, and an enor, mous force is at present preparing for a forward movement, under the command of Generals Beauregard, Lee and Johnston, Al the energy of our government will be required to render abortive such attempis as ave on the point of being made. If the War Department does not strain every nerve, and become, under the auspices of General McClellan, endowed with quadrupled energy, we may still be found wanting in the hour of need. Republics have always been supposed capable of nearly super- natural vigor in such emergencies; but there is too much ground to fear that under the guidance of the Secretary of War and his subordinates we are proving an exception to this gene rule. Treatment or Our Wovnpep Sotpiers.—- When Dr. King’s report on the battle of Bull run was published we took occasion to criti- cise it severely. In doing this we stated some facts which we had been placed in possession of by certain of our officers and soldiers who had been witnesses of what we narraicd. We re- od the other day a letter from Dr. King in cei | reply, but on a careful examination of its con- tents we find that it confirms all our statements. Krom the facts thus gleaned it is incontroverti- ble that, ina medical as well as in a commis- suriat point gf view, our army wag wholly un- recede a aa prepared for battle, It had not ambulances, lint, bandages or any of the other surgical necessa- saries in quantity sufficient for even an outpost skirmish. In reading over the accounts of the battle we find that only one ambulance was allowed to the Sixty-ninth regiment, and that when the Lieutenant Colonel ofthat regiment was wounded he could not be sent fo the resy be- cause this single vehicle was otherwise dis- posed of. The consequence was that he had to be ried over a hot and dusty road, ren- dered still more insupportable by the thousands of armed men who were hurrying over it. Al» this, of course, aggravated greatly the irritation of his wound. Now that the medieal corps of our amny has had this sad experience, itis to. be hoped that® they wilknot again take the ficld without secing that the wants of their department ate properly provided for. Remonstrances firmly made and as firmly acted up to will soon compel the re- forms that are needed in this branch of the service, —_—————___ IvexpLicaBie INerrictency or Tus Navy—An ACTHENTICATED BUT INCREDIBLE STATEMENT.—We publish to-day a most extraordinary correspond- ence between Commodore Vanderbilt and W, O. Bartlett, of this city, from which it appears that a whole fleet of steamships, consisting of the Vanderbilt, the Ariel, the Ocean Queen, the: Champion and the Daniel Webster, have been at the command of the Navy Deparment, at a va- luation to be fixed by appraisers entirely of its own appointment, ever since last May. The Vanderbilt was offered to the government ori- ginally, as our readers will recollect, by Com- modore Vanderbilt, as a present outright. She is a splendid steamship—the finest, the fastest, the strongest ever built. On her recent, excur- sion to Fort Pickens, under carter of the govern- ment, she carried the largest freight ever taken by any vessel from this port, in addition to a whole regiment of men. She was built entirely of the best material, by day’s work, and was freely admitted by Mr. Dobbin, at that time Seeretary of the Navy, to be far superior to any vessel ever constructed for the navy. She can carry a heavier armament than any ship in the navy» and she can catch and—armed and manned as she ought to be—conquer anything that wind or steam propels. She cost nine hundred thousand dollars, and a ship like her could not be built by the goverhment for anything like that money. The whole history of the government from its foundation presents no other instance of an offer from an individual so princely and munifi- cent as that made by Commodore Vanderbilt of this splendid steamship. And when that propo- sition, so eminently liberal, is declined by the government, the Commodore, through Mr. Bart- lett substitutes another as conspicuously fair. He says:—* This ship ought 4o be in possession of the government. If you will not take her as a present, appoint fair men to fix a price upon her.” * The Ocean Queen is second only to the Van" derbilt, and inferior to her in nothing but speed; but the Queen has made the passage from Havre in ten days, which shows that she is by no means a slow ship. The offer includes three ‘other valuable and desirable steamers. Can our merchants believe that the Navy De- partment allows these ships to lie rotting in our harbor rather than to take them at its own price, while our commerce is swept from the ocean by privateers? They must believe it, for the proof furnished by this correspondence is incontro- vertible. The inaction of the Secretary of the, Navy has been explained upon the ground of his incompetency and Want of adaptation to his place. b) It is to be hoped that no one in or about the department has been actuated by any im- proper motive or inducement in the cause ot the sad delay we have experienced in purchas- ing vessels for an effective blockade. Incom- petency and even dishonesty can be checked by a vigorous head of a government or a depart- ment; and it is to be expected by the public, who are called upon to furnish five hundred thousand men and five hundred millions of dol- lars for the repression of this rebellion, that neither incompetency nor dishonesty are to be permitted to hinder the wishes of the people from being carried to a prompt and suocessful Issue, Movements of Priuce Napoleon. Yesterday Prince Napoloon dined with Mayor Wood enfamille, ‘there were no other movements of the im. perial household worthy of note. ‘The serenade, wirich was to have taken place to-night after his dinner with a few of the members of thé New York Club, by desire of Prince Napoleon, was post- poned until he returns from his Western tour, when the serenade will take place, though not as was at Orst intended in front of the New York Hotel, but on board the imperial yacht Jerome Napoloon, ¥ . L. FARNHAM, It will bo perceived, from a telegraphic despatch pub- lished in another portion of to-day’s paper, that Col. N. L. Farnham, of the New York Fire Zouaves, has died in Washington from the effect of injuries received at the battle of Bull run, At the present time there is an es- pecial interest attached to Col. Farnham, holding, as he did, the place made yacant by the death of the lamented Ellsworth, and the news of his deceuso will be heard with sorrow by all, both friends and strangers. Colonel Farnham was born in Haddam, Con” necticut, but came to New York while yet quite young: He has always been well known in this city, having held sgveral positions in the Fire Department. an 1854 he sen Foreman of the Hook and Ladder Company , and in 1855 he was clected Assistant Engineer of the partment, and acted in districts Seven and Kight. He filled the office for two terms—vi: from 1855 to 1869— when he retired, his resignation being greatly against the wishes of the Department. His full name is Noah L. Farnham. He was First Lieutenant of the Second Company of the National Guard—the Seventh—in which t this city. How he became connected pouaves arose from the fict that, after the visit of Colonel Ellsworth with the Chicago Company, Mr. Farnham organized a Zouave Company in this city, jy had he becn taken with the drill. When the Fire Zonaves were formed he was elected Lieutenant Colonel, which command he assumed after the arrival of the regiment at the capital, at which place he has been noticed as being very active in assisting Colonel Ellsworth in perfecting ‘the drill of the met Although Colonel Farnham al performed h is bus ness duties to the entire satisfaction of his employers, his heart was never wholly given up to trade. He pos- sessed a Vigorous constitution, robust health, and his daring and impetuous nature found the restraints of the counter almost unendurable, and ¢ itement of mili- tary life had always an attraction for the young man. Fortunately, the educ f young Farnham included the Fre which’ in after years proved of great 8 nearly all the best m military tactics aud science are written in that age. findiod foncing and boxing with masters of their fencer in the city. Ellsworth made his flying visit to this city with the Chicago Zonaves, Colonel Farnham organized a company of gymnasts, whom he intended should assume the Zouave dress and drill, take the tour of the Eastern States, not encamping in cities, but sclecting the wildest 1 most secluded forcsts and mount. ‘The present war, of course, made this artitics Colon cantpaign onneessary. four feet four in and determination great musevlar dev mand respect pement, made him always com- mid as an officer. Te has alway character unstained by anything that was vicious apd distionorablo—his life having clearly shown that he was a man in whom trust could be re- posed in every’ nnected with strict morality ant manly bearing ith of Colonel Farnham will be a severe blow to the fh of this elty, as it was unexpected, hoped that he would the Fire Zonaves on the field of battle. His gic been short-lived, but history will hand his name among others down to posterity as opo who died in defence of the liberty of his country, \