The New York Herald Newspaper, September 2, 1861, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE N. W. CORNER OF FULTON AND NASSAU STS. TERMS cash in advance, Money sent ty mail will be at the viskof the sender, “Noma but Bank bitte current in Neto York t THE DAILY HERALD, two cents per copy, $7 per annum, THE WEEKLY HERALD, every Saturday, at wiz cents py, OF $3 per annum; the European Edition every Wet h ix cents percopy; $4 per auninn to any part of Great Britain, Or $6 12 to any part of the Continent, both to inclule postage; the Hifornia Bilition om the Ist, Lh and 2let af each month, at six ‘cents per copy, 0” $275 per annum. "THE FAMILY HSALD, on Wednesday, at four cente per copy, o7 $2 per annum. Worn tary CORRESPONDENCE, containing important news, solicited from any quarter of the world; {/ used, will be Literally pavl Jor. Rar OR FORRIGN CoRRRSPONDENTS ARM Panricursney Requesrep To Seat att Levrens any Pack- AGES SENT US Xo NOTICE taken of anonymous correrponiience. We do not UDVERTISRSENTS vended every day; alerthements VE SBME, renewed every day; alverti ine sorted in the Weeeix Henao, Paxity Heeatp, and tn the California and Kus Editions, a PRINTING executed with neatness, cheapness and de- se .No. 243 Volume XXVI. AMUSEMENTS THIS EVENING. WINTER GARDEN, Bioadway.—Invistsix Hussanp— ‘Toopuxs. NEW BOWERY THEATRE. Bowery.—Butt, Rox—Jowa- Suan BRaprony—Love in Four CouNens. BARNUM’S AMERIOAN MUSEUM, Brondway.—l and Evoning—Micuaxt Ktux—HAUNtED CHaMDeR—LWPO @ Porauus, Sea Lion, Bears, anv Otuxr Curiosities. BRYANTS' MINSTRELS, chanics’ Hall, 472 Broad ‘way.—sonos, Dances, BuRLESguEs, &0.—BULL ion. MELODEON CONCERT HALL, No. 539 Brondway.— Afternoon” und ‘Evenink.—Sone F Aferuoon and Beane Dances, BURLESQUES, CANTERBURY MUSIO HALL, 585 Broadway.—So: Dances, Buutusques, &0. isis, vy GAIETIES CONCERT ROOM, 616 Broad —I Room Enrautainuuxrs Batiers: PANTOMIMss, Pacis” Eo AMERICAN MUSIO HALL, 444 B; 2n18, PaNToMines, peor Taal devia: ‘ ORYSTAL PALACE CONCERT H ~ Bonixsades, Soncs, Danone, ke—unack Seatie, New York, Monday, September 2, 1861. ; OUR WAR MAPS. The numerous maps, plans and diagrams of the operations of the Union and robel troops in Virginia, Missouri, Ilinois, Florida, and on the Mis- éissippi and Missouri rivers, which have been pub- lished from time to time in the New Yorx Henatp, &re now printed on one sheet, and is ready for delivery. Agents desiring copics are requested te Bend in their orders immediately. Single copies six cents. Wholesale price the same as for the Weexty Hera THE SITUATION. All other war news to-day is insignificant com- ‘pared with tho great naval battle at, Hatteras In- Jet, en the coast of North Carolina, which, it will ‘be seen, was hot only ably planned, but success- fully executed. We are enabled to give to-day very full accounts of this battle, the official report of General Butler and verbatim copies of fetters of the Chief Engineer of the rebel troops at the fort, which were found @fter the surrender, and which reveal @ host of important facts concerning the fortifica-. tions of the whole coast in that direction, which ‘will enable the government to possess themsaclves ofthem all. | Fort Hatteras commands the entire coast of Vir- ginia and North Carolinia, from Norfolk to Cape ‘Lookout, and thus places that whole coast, with al! its inlots and batteries, including Pamlico and fAlbemaric Sounds, at the disposal of the naval ‘squadron, if ite operations are judiciously conduct- ‘ed. The capture of Fort Hatteras not only placed in our hands a dangerous post, but also some seven hundred rebel prisoners, a thou- gand stand of arms, twenty guns, and a large quantity of ammunition and provisions. In con- mection with our account of the battle we give in- terosting sketches of the officers engaged, and a @eographical description of the locality, all o¢ which will be found of intense interest. It will be ween by the success of this entcrprise’ that the Wavy Department has not been idle of late. | ‘The rebels in the vicinity of the Union lines on ‘the south side of the Potomac are displaying the Breatest activity in fortifying themselves at Mun- Bon’s Hill, near Bailey's Cross Roads. During yes- terday they made repeated sallies upon the Union pickets, and on Saturday they had asharp collision with the Third New Jersey pickets, whom they endeavored to surround with a force 500 strong. ‘Two of the Jerseymen were killed im the affair. The revenue department of this city displayed an unusual activity yesterday, which created no little surprise among the officials, who were sud- dently ordered to assemble at a given hour for im- mediate and mysterious service. lt was stated in these columns a few days ago that clearances for the port of Metamoros, in Northern Mexico, were no longer to be granted by the Col- lector of this port, inasmuch as goods and provisions for the rebels were being transported there, and thence transferred across the frontier to the rebel State of Texaw In ac- cordance with this order the Surveyor of the Port Beized or put under surveillance yesterday no lesa than forty-five vessels at the different wharves, loaded with merchandise, and some of them cleared for Matamoros, while others had vbtained clear- ances for other ports, but ere suspected of being destined for Matamoros, and held upon that pre- sumption. The bark Scio, from London, arrived at this port yesterday, and reports that on the 28th ult. she came alongside of a gunboat and was boarded by order of Captain Gregory, incommand. The cap- tain of the bark was invited to go on board the gunboat, but refused, and iminedintely after the guns of the gunboat were opencd upon the bark, carrying away her foretopsail brace. The gunboat 4s supposed to be the R. B. Forbes. Full partica- (ars of this strange occurrence will be found else. ‘where. THE NEWS. The State of New York has now at the seat of ‘war and in course of construction sixty-four regi- ments, distributed aa follows:— ‘Near Washington....25 Locality not settled. .15 Fortress Monroe 6 New York. .6 Harper's Ferr; 2 Brooklyn. Baltimore 3 Organizing Fort Picks 1 Total. . Besides of three mouths’ men who have been mustcred ont” pf service. It is now known that General Price and ex- Bovernor Jackson had fixed their plans to be in Bt. Louis by the 20th of August, but the dreadful piroke they received at Davia’ creek has set them NEW YORK HERALD, MONDAY, SEPTEMBER. 2, 1661. $$$ $$$ K—————— $n back so far that it is now doubtful whether thoy will attempt @ further advance. The Kentucky Legislature will convene to-day in Frankfort, with seventy-six Unionists in the House of Representatives and twenty-four se- ceshers, The Senate will stand twenty-seven Union and eleven secessionists, ten of whom are hold overs. A desperate attempt will no doubt be made to overawe the Legislature by the ‘“‘peace’’ leaders, under the marshalship of Breckinridge and Magoffin, and fears are entertained among some of the loyal men that the effort will prove successful. It has been reported that the Legis- lature would impeach Governor Magoffin, and in view of this rumor a barbecue is to be held on the 5th at a place about twelve miles from the capi- tal, which is to be attended by an army of rebel soldiers, who style themselves the State Guard, ten or twelye thousand strong, fully armed, and all under the authority of the Governor. The Richmond papers say that city is now go well protected by fortifications, masked batteries and mines, that if a hostile army should attempt to take it, not ofe in a hundred would survive. ‘The cotton panic continued on Saturday with more or less severity. ‘The chief contest seemed to be between recent maanufacturitig government contractors and speculators. A largo portion of the stock is held on speculation, tho owners of which aro unwilling sellers, except at rates even above the current advanced prices. The transac- ons embraced about 2,500 bales, closing on the basis of ‘203¢c. a lo. for middling uplands, This material advanco in the raw article has, it is said, caused quite a numbor. of government contractors to throw up their contracts, and induced others te feel quiteashy about stepping for- ward to fill their places until they can witness some more stability in prices. The throwing up contracts, it is be- lieved, will add largely to the expenditures of gov- ernment for cotton cloths, duck and cordage, no- cessary for both land and naval service Owing to tho non-arrival of the tow at tho usual timo yesterday receipts of flour were moderate and in good demand, to fill orders and complete cargoes, Wheat was irregular for primo qualities, and rather firmer for spring and shipping grades. Sales were chiofly for oxport. Corn was firm and in good domestic and oxport demand. Pork was casior but inactive, with sales, in part for government stores, at $14 8734 a$15 for mobs, and at $9 873¢ a $10 for primo. Sugars were firm, with sales of 4000 bags Rio and small lots Laguayra at stoady prices. Grain freighta wero active. Corn and wheat were engaged for Liverpool at 10344. at 11d., in bulk and bags; 18,000 bushels wheat wore engaged for Havre, by American yes- sels, at 23¢. a 24c. por bushel. Opening of the:Active Campaign Against the South—The North Putting Forth its Strength. The North is at length entering seriously into the work of the campuign. The glorious new, which we published yesterday of the capture of the two rebel forts at Hatteras Inlet, with a largo amount of prisoners, guns and military stores; the energetic proclamation of General Fremont, declaring the State of Missouri under martial law and giving freedom to the slaves of alk slaveowners found in arms against the government; and the highly efficient state of organization to which the army of the Potomac has been already brought under the sleepless eye and stern discipline of General McClellan, thereby rendering it not only equal to the de- fence of the capital, but ready for an advance at any moment into Virginia—all go to show that the government, the military authorilies and the people of the loyal States are duly im- pressed with the importance of the task before themsand are undertaking it with the proper spirit and energy. Henceforth, if we cannot always count on victory, we can at least reckon on the avoidance of such humiliations as the affairs of Bull ran and Big Bethel brought on our arms. Thus prepared to retrieve the errors committed in the early part of the campaign, we may be permitted, in presence of the morti- fication that they have occasioned us, to claim credit for the extraordinary efforts which have Deen since made to repair them. In April the thunders of the cannon of Fort Sumter awoke the people of the North from the fatal lethargy into which they had fallen, and the spell of inaction was broken. The boa- constrictor of a conspiracy which had nearly crpshed out the life of the republic met its Hegcules at last. A’vigorous and determined confidence arose in the public mind. Eighty thousand soldiers sprung up, as by magic, and marched to Washington. The admirable stra- tegy of General Scott saved Maryland to the Union. All felt that the capital and the nation were safe, and people took a long breath after this first gigantic effort, while the world ap. plauded the invincible, spontaneous energy of a free people. After this came the errors of Big Bethel and Vienna, like small clouds which obscure but cannot obliterate the sun; and then the great blunder of Manassas, like a foul blow dealt by a friendly hand, made the whole coun- try stagger, and for a moment we seemed to have lost heart. Lying correspondents of foreign journals gloated over our misfortune as though it had been final and irredeemable; foreign ministers declared that the South must now be recognized as having belligerent rights; foreign presses and & jealous foreign aristocra- ey exulted in the downfall of the model demo- cracy, and despotism, quaking on its bloody throne, rejoiced at having obtained a new lease of life. It is in poverty and misfortune that one discovers who are his real and who are only pretended friends. The battle of Manassa, stripped the mask from the faces of many of our disguised enemies, and the North found con- tumely and abuse where it expected friendly aid and sympathy. But foreign correspondents, ministers, jour- nals and aristocrats little understood the peo- ple they reviled or the courage which they thought broken and dispirited. With the extreme necessity came renewed strength, and the invincible pluck of ihe American people showed itself equal to the occasion. There came an uprising of the North more earnest, more decided, more de- termined, more eraphatic than that which saved the capital in April last. Congress and the administration felt the strong pulse of the peo- ple’s heart, and five hundred thousand n:enand five hundred millions of dollars were asked and voted without a dissentient voice and with- out delay. The administration, with renewed energy, placed itself at the head of anenthu- siastic people, who followed its onward march with eager, impatient steps. The foreign jour- nals, unable to appreciate American character and American enterprise, declared that it was impossible for us to obiain the number of men needed. Before the issues of the journals which contained these false predictions reached us our five hundred thousand soldiers wore encamped at Washingtor, Baltimore, Fortress Monroe. Cairo, Western Virginia and Missouri, and at our great recruiting stations. Foreign journals declared that the North was without a military leader, and that its armies were but armed mobs. But, in the meantime, we bad placed McClellan in command, and in a few days we had gained the greatest of victories—that over ourselves—and had transformed this “armed mob” into an orderly, quiet, effective, well dis- ciplined host, surpassed by no army that Eng- land or France ever sent forth. Foreign ca- pitalists were. warned against taking our national loan. We took it for ourselves. Our banks guaranteed the loan; the people bought itin with their earnings, savings, hoardings and surplus capital, and Walt street, apparently without an cffort, now supports the tremendous expenditure of a million of dollars a day. No wonder that foreigners cannot understand a vitality and energy so novel in the experience of the world. With ears stuffed with bits of cotton, it will be some time after the echoes have die? away before they can hear the joyful shouts from all sections of the country which shall announce the Union restored and glorious os of old. It is sufficient for us that we understand ourselves, for we have been thrown upon our own resources entirely during this war, and have to thank foreign nations only for inciting and complicating it. If they will but get the dust of centuries of prejudice out of their eyes, how- ever, we can show them an uprising here which may teach them something of the capabilities of our people; an uprising of the North, emeérg- ing like a phenix from the dust of Bull run; an uprising of finance, which once seemed ruined and disordered; an uprising of trade and com- meree, recently almost broken up and destroy- ed; an uprising of music, of the drama, of the fine arts, which always languish with a nation’s adversity, and flourish, the accompaniments and the indications of a nation’s prosperity; an up- rising of manufactories and of all sorts of busi- ness under the impetus of renewed trade; an uprising of a nation not yet shattered and dead, as croakers would fain have had us believe; an uprising of public confidence in the strength and perpetuity of our government; an uprising of a new age, more glorious and eventful, and pregnant with greater consequences and respon- sibilities than any which has preceded it. Yes, the administration now begins to emu- late the energy of the people and takes the van of the onward movement. Commercial men, merchants, bankers, tradesmen, manufacturers, financiers and capitalists fecl the confidence of the country, and hail the ‘first bright gleams of renewed prosperity. Artists, actors and sing- crs prepare themselves to afford us relaxation and amusement from the toils of business and profit, The country begins to be itself once more; and if within the next two weeks we givé the rebels a tremendous thrashing along the Potomac—as we will if they will afford us tho opportunity—the coming winter will be one of the most busy, brilliant, gay and prosperous that we have ever seen. The signs of the times are most hopeful, and with such a country, sucha people and such a cause as ours, there can be no such thing as a disappointment. A New Lieut or tae Ace.—Unless we are greatly mistaken, the new Sultan of Turkey, Abdul-Aziz, is destined to prove himself one of the master minds of the present generation, Dissimulating his real views up to the period of his accession, being always supposed to be retrograte in his tendencies, he no sooner comes to the throne than he throws aside the mask and proves himself a reformer more stern and self-denying than any Asiatic monarch of whom we have: record. Repudiating the polygamis practices of his predecessors, one of his first acts is to reject, with an emphatic rebuke, the beautiful slave presented to him, in accordance with the annual custom, by tho Sultana mother, “One wife has hitherto sufficed me,” nobly answered Abdul, “and to her I will remain faithfal.”” We need not enlarge upon the efect which such an example must have upon kis people. The greatest evil which has afflicted the Turkish empire, and which has brought it to the condition so pithily described by the Em- peror Nicholas in his contemptuous phrase of “the sick man,” has been the corrup- tion and profligate expenditure = which pervade all branches of the govern- ment, from the ministers down to the lowest employe. The last monarch, unhappily, not only made no effort to check those evils, but encouraged them by his own habits. The expenses of his civil list were enormous, his seragtio alone costing fabulous sums. His suc- cessor has commenced his reforms in a signili- cant manner, by dismissing and providing de- cently for all its fair inmates, contenting him- self with a comparatively small allowance for the maintenance of his own and his consort’s households. But what more strongly marks the character of the man is his sending, to be disposed of at public auction in London, for the purpose of helping to defray the debts acé cumulated by his predecessor, the jewels be- longing to the seraglio. From a monarch who takes this stern view of the duties and realities of his position, what may not be hoped? In the obscurity in which he clothed his real disposition and intentions, in his concealment of his son from public knowledze until the mo- ment of his accession, and in the decision and y of his conduct, once he found himsely unfettered, we recognise many of the traiis that distinguish the French Emperor. In the.virtues of self-denial and a contempt for oxentation he is, however, greatly his superior. What Mussulman prophet proved to the in®del dencies of the Asiatic populations, Abdul-Aziz is likely to prove to the political abuses through which the Turkish empire is crumbling to ruin God seems to have created him for the crisis of its fortunes. ener: liant naval victory at Hatteras, the energy of Kremont in Missouri, as displayed in his procla- mation, and the activity and discipline w’ mark the career of McClellan on the Potomac» all conspire to give @ new start to our arms and to augur favorably for their rapid progress dur- ing the fall. The blow struck at Hatteras will be felt throughout the South. Sumter and Big Bethel are avenged, and even Bull run is shorn of half its depressing effect. The pro- minciamiento of Fremont will strike terror throughout the border States, and the efficient discipline of McClellan, and the confidence his ability inspires, will fit the grand army now coNected at Washington either for an over- whelming attack on the lines of the enemy or to repel him with disastrons and crushing de- feat, should he be presumptuous erough to make an assault upon our fortified posi tions on the right bank of the river or resort to the desperate measure of dividing his army into two bodies, and, crossing with one at Leesburg, descend to attack the city on the western and northern sides, while with the other he pressed our army infront. The effect of these recent events is to inspire courage in the Northern army, re- kindle the military enthusiasm which was par- tially extinguished, and to bring the war toa speedy crisis, which cannot fail to result in vie. tory to the Union arms, * The Brilliant Success at Cupe Hattoras— Good Beginning for the Naval Expedi- tion. The important successes achieved by the fede- ral arms at Cape Hatteras on Wednesday and Thursday last must have sent a thrill of exulta- tion through the national heart as the news became known yesterday. It was the first time since the commencement of hostilities that we did not fight against an immense disparity of forces, and, with the exception of McClellan’s victories in Western Virginia, it may be said to have been the first time that we attained any really practical advantage from our colli- sion with the enemy. We trust, however, that the capture of Forts Clark and Hatteras, with all their armament, supplies and men, is but the inauguration of a series of victories, both by land and sea, which will leave the rebels of the South no alternative but complete submis- sion to the laws and constituted authorities of the Union. . Itisnot only in a moral but ina material point of view that’ this successful opening of the expedition is important. It was absolutely essential that the forts which the rebels erected on Cape Hatteras should be wrested out of their hands, and that the inlets connecting Pamlico Sound with the ocean should be closed up. That was one of the principal objects of the expedition. To accomplish it schooners and sloops loaded with stones were provided for the purpose of being sunk across the mouths of these inlets, thus effectually barricading them. But, first, the forts must be reduced. This is what was done by the squadron under the com- mand of Commodore Stringham. The first day of the engagement closed upon our occupation of Fort Clark, and the bombardment of the second day only ceased with the unconditional surrender of Fort Hatteras, with its garrison, armament and supplies. The net results of the two days’ work are the possession of those two important positions, the capture of seven hundred and thirty prison- ers—including Commodore Barron, the Assis- tant Secretary of the rebel Navy, and forty-four other officers—with thirty-two cannon and a thousand stand of arms, the command of the Sound navigation and the ability to out off, leisurely and effectually, all communication between the ocean and the great waters of Pamlico and Albemarle Sounds, with their in- terior connections. This last feature of the enterprise has probably been accomplished ere this. When Hatteras and Ocracoke inlets are closed the game of the privateers in that most dangerous point of their operations is played out, our merchant vessels can henceforth pass C.pe Hatteras in safety, Norfolk and Richmond can no longer obtain supplies by sea, and our blockading squadron can be withdrawn from that point to perform the like service at other points of the Southern coast. It must not be supposed that the operations of the naval expedition end with this success. On the contrary, it is but the beginning of the work. The end of it will only be when all the resorts of privateers along the Southern coast ave sealed up, and some or all the ports of the rabel States are thrown open to commerce under the protection of the Stars ga@Stripes. We have thus inauguret@®propitiously the naval part of this war. It will probably turn out to be the most important part of it. For the present we can be content to limit our land operations to defending the line of the Po- tomac, and holding our positions on the Missis- sippi until the reduction by our fleet of the rebel strongholds along the coast shall be the signal for the dispersion or annihilation of their army. All hoaor te Commodore Stringham’ General Butler and the officers and men under their command for the successes which they have already achieved. Invormation ror ‘tum Corron PLANTERS oF tax Sours.—It is not long ago since one of the rebel journals—the Charleston Mercury—said that there were only four ways by which the Southern rebellion could prove successful. The first was by the activity of their privateers at sea; the second, by the recognition of the inde- pendence of the Southern States by foreign gov_ ernments; the third, by force of arms on land; and the fourth and last resource by the power of cotton, which would compel England and France to open the blockade. This rebel authority admitted at the same time that the privateer business was compara- tively a failure. It advocated the recall of the rebe] Commissioners from Europe, stating that they had been slighted at almost every court, and that their mission was evidently a failure also. It expressed great fears as to the effi ciency of the Southern army in the face of so overwhelming a force as the North was then bringing to bear against them, and it fell back upon cotton as the last stronghold from which Southern independence was to be enforced. Unfortunately, however, for the hopes of the rebels based upon the potency of King Cotton, that despot’s grip upon his sceptre is gradual- ly relaxing—his crown is melting away like a dewdrop in the morning sun—the edge of his Sword is becoming blunted; for we leara from high Manchester authority—the circular of Neil! Brothers & Co.—that cotton is likely to be forthcoming from quarters that may supersede the South altogether, and render the blockade a matter of slight importance to the commercial and manufacturing interests of Europe. At the present prices of cotton, says this circular, we look for a supply from India of 900,000 bales» but an advance of avother penny would add perhaps 300,000 to that quantity—thus giving the manufacturers of Lancashire nearly a mil- lion and a qnarter bales of cotton for the year’s consumption. In this state of affairs what be- comes of the Southern monarch—cotton? We begin to think that his rule is at an end. ALARM OF THE SovrHERN Corton PLANTERS.— Not only have the Southern planters good reason for alarm for the future loss of the Eng- lish market, of which they have hitherto enjoy- ed a monopoly, bué for the safety of their pre- sent crop. From a document which we pab- lish in to-day’s Hxratp, introduced by Brewer & Caldwell, of this city, it will be seen that the cotton factors of the South have taken the alarm, and that they fear to have cotton accumulated at the usual points of export. Why are they thus frightened? Because they calculate that an expedition down the Mis- sissippi would take all that may be found ay Memphis, New Orleans and other points on the great river, and that in a short time Charleston, Savannah and Mobile may be in possession of Northern armies, and that if the cotton were stored for export at these places it would be very convenient for seizure under the confisca- tion law of Congress. Hence their plan is to have it scattered in every direction, 80 a8 to prevent its capture inlarge quantities, Tue Moxster Tax Levy Bevore THs SUPER visoks.—The Supervisors are directed by law to levy the taxes for the year on the first day of September. They meet to-day for that purpose’ and they proceed accordingly in the usual man- ner to declare the rate and sign the warranta, if no sufficient reason shall prevent. Such a Teason, it appears, does exist in the blundering imperfection of the act of the last Legislature authorizing the levy. In this act it is enjoined by the first section that the levy shall not exceed a certain specified amount, whereas, in enumer™ ating the objects for which this gross sum shall be expended, the limit is exceeded by the total of the items more than $200,000. The haste with which the levy was passed on the last night of the session, and the deliberate manner in which it was designedly delayed with the view to the passage of corrupt and fraudulent esti- mates and allowances, has thus fitly and ob- viously defeated and nullified all the appropri- ating clauses. The responsibility of these appropriations is thus saddled upon the Super- visors, who, singularly enough, have a sweep- ing discretion devolved upon them in the premises. They may not exceed tho prescribed limit, but they may diminish appropriations to any reasonable extent. The Comptroller, in this view, has sent to the Board a draft of an ordinance based on alterations and omissions, and the Corporation Counsel, Judge Bronson, has given his opinion to this effect, with the proviso that no obligation of contracts or legal liabilities already incurred shall be repudiated. The Supervisors are, by the condition of the law, thrown upon their own judicial powers for its proper interpretation. In this matter the duty of the Supervisors has but a single aspect, and if fearlessly discharged the Board cun strikingly confirm for themselves, upon’ a really grand scale, the good repute which their efforts have hitherto gained in a more limited sphere of action. Let them judi ciously but summarily cut away two or three millions at least of these extravagant estimates, Originally concocted under the Common Coun- cil, when New York was borne upon the flood tide of her prosperity, they now come before the Supervisors in the very crisis of our national troubles, when the property, commerce and business of the city are threatened with depre- ciation and disaster, and when the depleted incomes of our citizens must bear the un- expected burthen of a war tax, as wall as the depressing influence of the vast- ly altered state of public affairs. If the budget‘were even of the ordinary dimen” sions there would be ample reason for a reduc tion, but in view of its notorious enormities the oase is imperative. It is only necessary that the sums levied in previous years should be compared with the outrageous amount of the present estimates to indicate in the difference the proper extent of a reasonable reduction. While the valuations of property have not dou- bled in ten years, taxation has multiplied four fold, thus:— Assessed Valuations, Tax $320,110,857 $2,024,384 ( 531,194,290 8,261,091 1859 (Haws). $52,081,7: 9,860,026 1860 (laws). 517,230,656 9,758,607 161 (Elaws} +! 681,507,096 11/390/049 The levies for the last three years show an ase of near two millions annually, and, with the still greater increase in the issue of bonds, a very unsatisfactory record ‘is pre- senicd during Comptrofler Haws’ term of office. The rate this year is about two per cent, and, with the national income tax of three per cent, will present a very blue prospect for the tax- payers of this city, unless the Supervisors shall come to the rescue at this juncture. Supervisor Purdy, in raising the question in his Board, has fairly challonged the responsibility for himself and his associates of making the proper reduc. tions. If the Comptroller will co-operate with thein they can compel the heads of departments to revise their estimates to suit the unexpected condition of the times. The power to exact such a revision is clearly within their control. None will dare to confront public opinion by a refusal to comply, as the expediency and neces- sity of such a measure is unquestionable. We want all the spare money for @ vigorous pro- secution of the war. A Grann Sree Towarvs Tax Evrictency or vHE Brocxp¥.—The first great step has been taken to render the blockade efficient. The capture of Fort Hatteras seals up Virginia from the ocean. Till now it was in vain that the mouths ofthe Chesapeake and of James river were blockaded, and that York river, Elizabeth, the Potomac and the Rappahannock were watched by our cunboats. Through Hatteras Inlet there was communication with the ocean to Virginias by way‘of the canal through the Dismal Swamp, and tie piratical privateers could run in and out with impunity. This is the beginning of our naval achievements along the Atlantic coast. Obher States,as well as Virginia and North Carolina, will be taken in hand, and the United States will achieve what has never yet been aecomplished—a perfect blockade. By the Treaty of Paris the European Powers de- clared a blockade to be valid only when it was effective, and that has been explained by the authorities on international law to mean to be siege by sea, or to so invest a port, or bay, or inlet, that no ship can enter or come out without the knowledge or permission of the blockading squadron. This was only a reiteration of law laid down by Vattel, Lord Stowell, our own Wheaton and others. Its au- thority had been set at naught by the Milan Decrees of Napoleon the First and by the Or- devs in Council of the British government. But the great Powers in Europe in 1856 unanimous- ly agreed to throw overboard paper blockades: and to abide by the law of effective blockade. The United States government has also agreed to this doctrine of blockade, and are determin- ed to do what European Powers have never yet been able to effect—to practically make good the doctrine by acts. For the first time in the history of the world will an effeetual blockade be established on a line of coast measuring some fifteen hundred miles. By the Ist of November this will be an accomplished fact, and then neither France, Great Britain nor any other Power will have a right to meddle with the blockade, nor in any other way to interfere with the internal affairs of the country. A per- fect blockade of the coast having been estab- lished, the rebellion will be crushed from want of the sinews of war, its chief reliauce being on the sale of cotton, tobacco and sugar, which will be thus shut in till the liberating army is enabled to reach the heart of the country and open the ports to all the world. Tan Centrat Parx—A Briviiant Soene.— One might suppose that in these times, when a great national affliction has fallen upon the land, pleasure would yield to anxiety, and popular recreations succumb to the graver thoughts and occupations which naturally a time of internocine warfare. ‘Bai no one who vied the Central Park on Saturday afternoon, and saw the throngs of gay loiterers which filled the Mall and the Ramble, and the giddy and equestrians which flew along the Ride and the Drive, or heard the delicious strains of music from the waters of the lake—no one who wit- nessed these things, we say, would fancy that the country was in the midst of a terrible war, the end or the misery whereof no man can conceive Perhaps at no period in the history of the Park was there a larger concourse of people present than on Saturday. They must have numbered over twenty thousand, and surely New York must have plenty of moncy to spond in festivities. The scene was a brilliant one. Tae DeLecates To THE Stare CoNVENTIONS.— The democratic State Convention meets on the 4th of this month, the delegates are elected and the usual amount of fuss and quarrelling attends the preliminary arrangements to build up some- thing or other on the ruins of the democratic party. Therepublican party will hold their con- vention on the 11th, and no doubt there will be just as much bother and noise among the po- liticians as if the proceedings of either party possessed any interest for the people at a time like this, when all parties are gone to the dogs, The best thing the leaders of both parties could do would be to select a common ticket of respectable names, and let the people vote for it. In any event, they will vote, in all proba- bility, without any regard to party nominations. However, if the delegates to both these conven- tions were sent by their constituents as reoruit- ing officers into the different towns and villages, and would raise about fifty thousand soldicra for the war, to facilitate the crushing out of the rebellion and the restoration of peace, they would be doing more service to the State of New York than all the political caucussing they could cram into a thousand conventions. Norruery Sureriority 1s Aras.—The late naval battle at Hatteras Inlet demonstrates the superiority of Northern arms and Northora prowess. The accurate aim of the shells, com sidering the roughness of the sea, is surprising: The same superiority was observable in the sink- ing of the privatecr Petrel by a signal shell, and at Bull run. There and elsewhere the enemy have met our troops in superior numbers, yet their loss is invariably more than ours. It wasse at Wilson’s creek, before Manassas Junction, and in Western Virginia. Our superiority of numbers and of armament at Hatteras Inlet is the exception to the general rule; but it dees not take away from the merit of precicion and the skill which has distinguished our troops and naval officers throughout this and every engage- ment since the war began, wherever there were competent commanders in-charge. In hand-te. hand fighting, and in the use of cannon, as well as in the rifle, the North has established its sype- riority, and the result of the recent action on the coast of North Carolina will be to give increased confidence to our troops, and show the Powers of Europe that they ought not to arrive at hasty conclusions from the disaster at Bull run, - The September Term of the Law Courts, In ordinary times tho September term of the law courts would be the commencement of the winter cam- paign; but now, although there are nomerous important causes still on the calendar of the State courts, it is pre- bable that the principal business will be confined to the fedoral tribunals, where rebels and perkaps rebel, news- Papers will claim tho attention of the Grand Jury and the Judisiary. It is understood that, in addition to the papers censurod by the last Grand Jury, measures will be taken by the United States District Attorney , Mr. Delafied Sosith for the ‘suppression of the Courier des Blats Unis, an organ of the French citizens, who now protest againat its soditious preachings, and ask for the interference of the authorities. It is not probable that the trial of the privateers wih take place for some time. There are cogent reasons why the government should not at present have these men tried, convicted and conéomned, The terms of office of some of the Judges of the State courts expire this year, namely:—Judges T. W. Clorke (dem.), Supreme Court; John R. Brady (dem.), Common Pleas; A. K. Maynard (dem.), Marine Court; L. B. Wooa- ruff (rep.), Superior Court, and Murray Hoffman (repa, ‘Superior Court. The September term of the General Sessions com- mences this morning, Recorder Hoffman presiding. The Recorder has occupied the bench every month since Judge McCunn has been absent at the seat of war, and ty his efficient and prompt administration of justice has in- fused new life and energy into the proceodings of this court, The calendar this month is Iarge,gbut compdsod principally of the ordinary oases. It is probablo that indictments for murder and other important offences will not be disposed of till October. The Common Council. ‘Tho Board of Councilmen, after a recess of a few weeks, will meet this evening for the transaction of the public business. Most of the papers before the Board previous to the adjournment were acted upon, 80 that the mem- bors will renew their labors with a comparatively ‘cloam record,” at least in one senso of the term. Personal Intelligence. Hon. Edward Bates, of St. Louis; L. Pruyn, of Albany; Hon. 0. B, Clark, of Coldwater; Wayman Crow, of St. Louis; Hon. Alonzo Welch, of Saratoga; E. T. Bowers and family, of Massachusutts; A. F. Edwards, of Saratoga; 0. 0. Simpson, of New York; FE. D. Webster and lady, of ‘Washington; Captain Alexandcr Hay, of Philadelphia; S. G. Heaton, of Washinton; J. M. Konnedy, of Phil phia; R. Town, of Detroit; S. Swan, of New York; Capt. Delano and lady, of the’ ship Albert Gallat: Cartor and family, of Philadelphia, are s Astor House, Joha 8, Keyes, United States Marshal, of Massachusotts; F. Dane, of Boston; C.H. Sherrill, of Albany; Dr. George Henslon'and famiiy, of Philadelphia; Dr. T. R. Childs, of Satatoga; F. Williatns and 8. J. Gordon, of Boston; 8.’ M. Lawrenoo, of Ponnsylvania; 8. F. Gale, of Chicago; J. G. Allen, of Kentucky, and Dr. Birdsall, of San Francisco, have arrived at the St. Nicholas Hotel. Colonel Reeve, Captain Mallory, Major Allen, and A. J. Aloxander, ot tho United States Army; Dr. Bradford, of the United States Navy; C. Wendell and family, of Wash- ington; William P. Southworth, of Ohio; and 6. 8. Folt, OR aca are among the arrivals at the Metropolitan fotel. M. Kellogg and wife, of Springfteld; Henry S, Ganevoort, of Albany, C. P. Hemmingway of Valparaiso, Chile; Abra- ham Lansing, of ‘Albany; M. H. Mora and family, of Ha- vana; Mr. H. de Rizo, of’St. Thomas; Capt. C. Johnson, of England; F. Winne, of Albany; T. W. Rae, United States Navy; Mr. T. Waller, of Philadelphia; Mrs. N. R. Wheoler and faimily and ‘Mist Anna Butler, of Doposit, N.Y.; A. Scott, of London; M. Andrews, of New York; J.P. Mare quand, of Bostcn, and W. H. Hill, of Kingston, N. Y., are stopping at the Everett House, City Intelligence. Fiont Betwexx Two or te Fancy.—On Saturday evening the vicinity of Broadway and Prince street was the scene of a most disgraceful street fight between two well known “fancy” named Andrew Hinoa, alias Figzg> and Jim Heenan, brothor of the oclebrated pugilist, John. C. Heenan. There has for some time existed between the parties an ill feeling, and about seven o’clock om Saturday evening they came to words at the above corner, which finally resulted in a roguiar fight. Both parties were pretty badly bruised, and Heenan had one of his fingers nearly bitten off. Finally Sergeant Wade, of the Eighth precinct police, came up and took both par- ties into custody, and conveyed them to the Righth ward station house, where they were locked up te answer. * Darina Burcuary i Honoxey.—Yesterday forencen the dwelling Kouse of Mrs. Van Poskerck, in Hoboken, was forcibly entered while the family, mother and daugh- ter, were at Trinity church. The burglars took away about $500 worth of property, coasisting of two hundred dollars in money and the balance in and silver watches, lockets, rings and other jewelry. About tho time the theft occurred an Ml di woman was seen to leave the house, A gentleman who occupied rooms on the next floor heard no noise and had left housé pre- vious to the family’s return from chareh. The police are diligently on the search, A neighbor saw & woman of the above description leave the house during church service. Visirers TO CantraL Park.—The records kept at the gates of the Central Park, on Saturday last, exhibit the number of visiters on that day as follows ;—pedestriang» 31,000 ; equestrians, 388 ; vebicles, 2,075, —, i