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4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. FIOE N. W. CORNER OF FULTON AND NASSAU STS. Volu: EXVE. AMUSEMENTS THIS EVENING, WINTER GARDEN, Brosdway.—Pavt. Par—Toopurs, NEW BOWERY THEATRE, Bowery.—Butt Rux—Vauen- TINE AND Unson—LariTén. "8 AMERICAN MUSEUM, Brondway.—Day ect BRUM'S ANE La of Grarushobes ae tin Swan ‘Hirrororanvs, za Lion, aNd Ornxr CuRiositixs, BRYANTS' MINSTRELS, Mechanics’ Hall, 472 Broad: way.—soxes, DANcks, BUBuKsques, &c.—UOWN 1N OLD Arar. MELODEON CONCERT HALL, No. 639 Broadway.— Boncs, Dances, BURLESQUES, A0.—IBELAND IN 18h, CANTERBURY MUSIC HALL, 585 Broadway.—Sonas, DANoes, BURLESQUES, AC. GAIETIES CONCERT ROOM, 616 Broadway.—Drawina Room Enrentarments Batters, Pantommes, Fances, £0. AMERICAN MUSIC HALL, 444 Broadway.—Sonas, Bar- WETS, PANTOMIMES, £0.—MAS.UERADE Bat, CRYSTAL PALACE CONCERT HALL, No, ‘Buxresques, Songs, DANCES, AC.— Hack Stati pest woes New York, Satusday, September 7, 1861. THE SITUATION. soissance was made yesterday along the whole line of the Union army, from Alexandria to the Chain Bridge, and the condition of the troops Proved to be most satisfactory. There are no longer complaints of demoralization or want of discipline, and the spirit of the men is described as most excellent. The War Department is receiving fresh troops as fast as it can assign them positions. Some heavy firing in the direction of the Chain (Jridge yesterday created the impression that a Conflict was in progress, but it proved to be only Erme artillery practice from one of the batteries. The rebel pickets, however, in the vicinity of Bai- ley's Cross Roads and Manson's Hill, are within Some seven or eight hundred yards of four compa- niea of the Thirty-seventh New York Volunteers; company E, commanded by Captain Kavanagh, being in the advance and completely under the fire ‘of the rebel batteries on the hill. The most important news we have to chronicle to-day is concerning the condition of affairs in North Carolina, resulting from the late naval victo- ry at Hatteras Inlet. The rebels, alarmed at the vigor of the expedition under Stringham and Butler, have abandoned (cracoke Inlet, spiking the guns beforo retiring, and leaving the white flag flying. The government is thus in possession of Albemarle ani Pamlico sounds, and with the exception of Beaufort, virtually commands with its navy the whole coast of North Carolina. The War Department sent orders to General Wool yesterday to hold Fort Hatteras permanently, and the fate of Beaufort cannot long remain doubtful. The moral effect of the capture of Hatteras forts upon the Union men of North Caroling has been most striking. They are pouring in by hundreds to Hatteras Inlet to take the oath of allegiance to the federal government, and otherwise demonstrating their fidelity to the only authority that can pre- Serve their State from the horrors of a despotism which is endeavoring to overrun the whole South’ ‘The loyal citizens of North Carolina have perhaps ‘been made the victims of this despotism as much 1s any of the border States. On the 28th of Feb- tuary last the people of North Carolina voted on jhe proposition of the Legislature to call a State fonvention, and the following was the result :— Against Conventio: For Convention. Majority against Convention 642 Of those who voted for a convention it was said that over one-half were Union men who took thc affirmative side, under the impression that our difficulties might be healed by a body of repre- Sentatives fresh from the people. Notwithstand- ing that there was a clear majority of the voters Opposed to 8 Convention, as it was exhibited through the ballot box, Governor Ellis convened the Legislature in extra session on the Ist of May for the express purpose of having a bill passed calling a regular secession Con- vention, which was done in conformity with the Governor's wishes. On the 20th of .May the Convention so authorized met at Raleigh, and on the following day they tumbled the old North State out of the Union. Is there any wonder, then, that after this proceeding loyal men flock to the standard of the country wherever an. opportunity Offers? Governor Ellis, after thus endeavoring to deal death and destruction to the State, soon suc” cumbedto the fell destroyer himself, for he died im- mediately after the consummation of this nefarious scheme. Accounts from Leesburg report seven thousand rebel troops there, and considerable activity in throwing up intrenchments at the junction of the Little Falls road with the Alexandria and Lees- burg turnpike. The pickets of the enemy line the shores of the Potomac above Leesburg, though there were no large bodies of troops there. We give some details to-day of the late skirmish at Conrad's Ferry. We have very important news from Kentucky, via Cairo, General Grant, with two regiments of infantry, a company of light artillery andtwo gun- boats, took possession of Paducah at eleven o'clock yesterday morning. He found the rebel flags flying, but they were imme- diately torn down by the Union citizens on the Spproach of the troops. He took possession of the telegraph offices, Marine Hospital and other public buildings, and iseued a proclamation to the people, which we give in another column. The town was in great alarm atthe rumored approach of 3,800 rebel troops, which were in close proximity to Paducah. We have to record to-day one of the most horri« ble episodes that ever disgraced modern warfare, on the part of the rebels in Missouri—namely, the de- struction of a railroad bridge onthe Hannibal and &t. Joseph Railroad, over Platt river, nine miles east of St. Joseph, by which a whole passenger train, containing nearly one hundred inoffen- sive people—men, women and children—was pre. cipitated into the river, and seventeen killed and Pers horribly mangled. It appears that the timber Prpports of the bridge had been nearly burned Mrovgh, and the fire then extinguished, thus leay- Oz No suspicions appearance about the structure, 0 that when’the train entered the bridge at night NEW YORK HERALD SATURDAY, SEPTEMBER 7, 1861, the whole track gave way, resulting in the fearful consequences above stated. It was subsequently discovered that some other bridges on the route to St. Joseph were similarly disabled, and the track obstructed with logs in order to prevent assistance being conveyed from the town to the wounded victims of this cowardly outrage. The obstruc- tions, however, were removed, and a large num- ber of physicians and others proceeded to the scene of the disaster. We give the full particulars in another column, THE NEWS. In another column we give a detailed account of the funeral ceremonies of the late General Lyon, at Eastford, Ct., his native village; also a descrip- tion of the town and adjacent burying ground. Also a synopsis of addresses delivered by the Hon. Galusha A. Grow, Governor Buckingham, of Ct.; Governor Sprague, of R. I.; Senator Foster and other distinguished personages. The procession from Hartford to Eastford, by rail and carriages, is also graphically described. Representatives of the Masonic Order from all sections of the Union are invited by a stirring and patriotic appeal of prominent Masons in Kentucky, Ohio, Tennessee and Massachusetts to mect in Louisville, Ky.,on Monday, the 21st of October, for the purpose devising some plan to arrest the progress of the present internal war. ‘The newspapers are discussing the necessity of a resort to the conscript system in this State. Not half of the twenty-five thousand volunteers called for by the Governor have yet signed the enlistment rolls, and the tardiness with which the work pro- Gresses may cause the executive to demand a draft, more especially if any sudden demand should be made for troops from Washington. It is the interest, therefore, of every man to help on the work. If he cannot enlist himself he should use his money and his influence in urging the necessity upon others who are less bound by ties of family and interest. If a draft should become necessary no respect would be paid to station. The statute of this State makes all able bodied men between the ages of eighteen and forty-five liable, except ministers of the Gospel, and dodging would be entirely out of the question. Hurry on the enlist- ments. The disunionists of Kentucky have a plot to throw that State out of the Union already con- cocted. If the Legislature continues to stand firm the secessionists will secretly gather a large force of the State Guard at and in the vicinity of Frank- fort, well provided with ammunition, cannon and muskets. They will then tear up the railroads, cut the telegraph wires, and menace the members of the Legislature, and if by this means they can- not force the passage of a secession ordinance, they will drive the members from the eapital and revolutionize the State. The iron heel of despot- ism is begining to be exhibited in Kentucky. God help the people. The report of the managers of the St. Charles Hotel Hospital, in Richmond, shows that they have received into that establisment since the 1st of Au- gust the following number of sick and wounded soldiers:— From South Carolina.487 From North Carolina. 53 From Georgi 229 52 is 103 69 155, 29 67 4 From Alabama. 98 See Total. . 1,336 The Charleston Mercury of August 20 says that Isaac V. Fowler, the defaniting New York Post- master, is pleasantly loca: 1 at the city of Tepic, in Mexico, about fifty mil - from the Pacifie, and employed as the chief a; nt of Messrs. Barron, Forbes & Co., the wealthy wankers and manufac” turers, Both principals are now in Europe, and Mr. Fowler has entire charge of their affairs. A despatch to the Southern papers, dated Au- gust 19, states that the President of the Confede- rate States has approved a bill authorizing him to appoint two additional Commissioners to Europe, By this bill he is empowered to determine to what nations the Commissioners now in Europe shall be accredited and to prescribe their duties. At the special meeting of the Board of Supervi- sors yesterday a note was read from Supervisor Ely, stating that the select committee on revision of the tax levy would report at the next meeting of the Board, a list of the appropriations which could be reduced or postpoued to another year. Super- visor Ely was obliged to be absent by an unavoida- ble engagemeut out of the city. A number of re- sponses, it appears, have been sent in by the de- partments, in answer to the committee's circular, and a budget of retrenchments and of items which can be postponed without detriment to the pub- lic service, amounting to some half a million. at least, will be submitted for the action of the Suyer- visors. A resolution was passed authorizing the Board of Police Commissioners to purchase the requisite number of lots, and erect a new police headquarters thereon from any funds in the hands of the Commissioners not required for the pay of the men, Adjourned to Wednesday next at three P.M. In the General Sessions yesterday John O'Brien pleaded guilty to stealing a gold watch and chain, worth $75, from Isaac Haber, 45 Dey street, and was sent to the State prison for four years. Mary Jacobs, indicted for an attempt to kill Hester Ann Van Brunt, on the 20th of July, pleaded guilty to assault and battery, and was sentenced to two years’ imprisonment in the State prison. John Fanning, convicted of an attempt at grand larceny, was sent to the penitentiary for one year. Thomas J. Hasty, against whom were two indictments for forgery in the third degree, m forging an order of Ames & Barnes, pleaded guilty and was remanded for sentence. It appears that Hasty represented himself as John Hobson, of Maine, and by fradulent representations obtained $900 worth of stationery from the above firm. The cotton market was firm yesterday and tolerably active, though exhibiting some less disposition at the close on the part of purchasers to enter the market. The sales embraced about 2,200 bales, closing on the basis of 22c. a 22%¢c. for middling uplands. The-receipts of breadstuffs were light, and holders firmor in their views, while buyers did not appear to operate frecly, as tho belief prevaited that heavy supplies wore near at hand. Flour was moderately dull, and was about 6c. per bbl. higher for State and Western brands. Wheat, from the same cause, was firm for shipping grades and sales tolerably active. Corn opened firm but closed dull and lower, while sales were toa fair extent. Tho sales of pork embraced about 3,300 bbls. mess, on account of the government contract, at $14 a $14 25, with sales of prime at $9 76 a $10—the latter figure for heavy and extra barrels. Boef was firm. Sugars were firm and quite activo, with sales of about 4,000 hhds. on terms given in another column. Coffee was steady, with moderate sales. Freights to Liverpool wore easier for grain, with mode- rate engagements. Rates to London and to the Continent were unchanged. Maskep Batrertes Against THE Cantvet.— The republican journals are again opening fire against the members of the administration ob- noxious to their respective combinations. The “little villain” is peppering away from his masked batteries at Messrs. Cameron and Welles, although, characteristically enough, he has been glad to avail himself of the patronage of one of their departments. Tawmany Turnep Upsipe Dows.—Tammany has-been taken in by the Syracuse Convention and Mozart kicked ont. Tammany now takes a seat at the same table with Peter Cagger & Co., who goin for a vigorous prosecution of the war, though until lately violently opposed to it. With the same beautiful consistency they Propose to impast energy to the campaign by attacking and weakening the administration. Results of the Hatteras Inlet Victory— Cheering News from North Carolina. According to our latest special advices from Fortress Monroe, the recent brilliant achieve- ment of Commodore Stringham and General Butler®t Hatteras Inlet has resulted in the most important revelations to the Union cause, The rebels at Ocracoke inlet, faking the alarm from the capture of their confederates at Hutte- ras, had spiked their guns and abandoned their position, so that the two entrances from the sea into the extensive waters of Albemarle and Pamlico Sounds are now in possession of the government forces, This not only locks up the State of North Carolina, excepting the port of Beaufort, but it enables the government to overhaul any stray privateers detained in Albe- marie and Pamlico Sounds, and will compel the rebels to fortify or abandon every landing, town and village along the shores of those waters. It is, therefore, not very difficult to believe the news that, since our occupation of Hatteras Inlet, “over eight hundred men, women and children” have come to that place “by land and by boats, asking protection from the rebels and taking the oath of allegiance to the United States;” that “a large majority of the men wish to fight for the Stars and Stripes;” that several hun- dred come in daily and take the oath of alle- giance, and offer their services to the Union;” and that assurances had been received from Newbern that if our flag, supported by a proper force, is raised there, it will be sustained by a majority of the people. Newbern is an impor- tant commercial town, on an arm of Pamlico Sound, and deals extensively in the exportation of the yellow pine used in shipbuilding, and in pitch, rosin, tar and turpentine; and doubtless the good people of North Carolina engaged in the preparation of all these important ship- building articles are rather anxious than other- wise for the reopening of ‘their old, profitable channels of trade with the loyal States “and the rest of mankind.” But while, from their pitch, tar and turpen- tine, the people of North Carolina are disposed to stick to the Union, they have always been justly regarded as among the most conserva tive, law abiding and Union loving of the peo- ple of the South. In their-last free election upon the subject they gave a large popu- lar majority for the Union; and, in fact, North Carolina would not have been dragged into the morass of this cotton State rebellion but for that secession mob at Richmond, which coerced the Union State Convention there, in secret session, into a capitulation to South Caro- lina, In this way the loyal old North State was hitched to the chariot wheels of the Jeff. Davis despotism. Between South Carolina and Vir- ginia she was placed as between two fires, and thus, against the will of her people, North Caro- lina has been compelled to take up arms against the Union. All these things considered, it is not by any means incredible that the quiet, law and order people of that State, with the first lodgment of our Union forces on their seacoast, should seize the opportunity to’ come forward by hundreds and by thousands to renew their allegiance to the Union, and to volunteer their services for its defence. We are thus free to conclude that North Carolina needs only one or two more Union victories within her borders to bring over her people almost en masse to the side of the government, and to make the State an ac- tive, earnest and powerful ally of the govern- ment. It is to be hoped, therefore, that our Navy Department and War Department, without fur- ther delay, will strike again in North Carolina while the iron is hot; for the liberation of that great State from the rebels will be the libera- tion also of Virginia and the end of this rebel- lion. We can now believe the report that on the Ist of August, and according to law, there were eight members elected to the Con- gress of the United States from the several districts of North Carolina, and that the old State is sound to the core, and anxiously await- ing the hour of her deliverance. No man, after her repeated heavy Union majorities within the last six mouths, can doubt the loyalty of Ken- tucky; but we all know that Kentucky is still in danger of being entangled in the meshes of secession from the reckless intrigués and schemes of her secession conspirators and those of the rebel States, We believe, however, that the last desperate effort of the Kentucky rebel conspirators to turn Fremont’s proclamation to the prejudice of the Union cause there will fail, for we ap- prehend that the danger to the rebels of having their slayes liberated will be apt to convince every slaveholder of the wisdom of adhering to the Union, as the best security for their slave property. All around us the good cause grows brighter and brighter in its prpspects, but this last intelligence from North Carolina is the best of all. Tae New Ciry Cuanter—The commission for the preparation of the new city charter has commenced its sittings. We are sorry that its members should be put to so much unnecessary trouble. The public does not want to hear anything more about the new charter just now. They don’t believe in reforms emanating from such sources as this does. We must first change the people who make and administer the char- ters before any confidence can be felt in the charters themselves, It is the taxpayers, and not the politicians, who will have to take the matter in hand. The taxes of the city amount at the present time to twelve mil’ion five hun- dred thousand dollars—more than half its en- tire rental. At the rate at which they are in- creasing real estate will soon be a burden, and the owners will be glad to get any one to take it off their hands, The only cure for this state of things is for the taxpayers to muster in force at the ballot box, and to elect men to the Legis- lature and to the Corporation on whose patriot- ism and integrity they can rely. We can then proceed to the emendation of the city charter with some confidence, for we shall be sure that the intentions of the one will not be frustrated by the rascality of the other. Give Him « Bons—A Hist to Te Presipent.—Massa Greeley, according to his own confession im that famous letter to Seward, has been longing for an office for twenty-five years, and he must have one soon or he may go crazy. The Bible says :—“The ox knoweth his owner, and the ass his master’s crib.” Now if the ass knows his master’s crib, let Massa Gree- ley wash his face, put on @ clean shirt, and go straight to his Massa Lincoln and ask him for an®ffice; and let his Massa Lincoln give him one and put him out of misery. He can appoint him Commissioner of Mileage, to measure the exact aumber of inches which Senators end representatives in Congress travel. Probability of a General War in Eu- rope—Its Effect upon the United States. The aspect of the political horizon in Europe betokens an approaching storm. France is be- coming too formidable for the other great Powers, and there is every pfospect of a revival of the old coalition against her and a renewal of the desolating wars of the first Napoleon. England, Austria, Russia and Prussia are alike Aistrustful of the policy of the political Mephis- tophiles of the Tuileries, whose army of six hundred thousand men, backed by a powerful navy, makes him master of a position which may well excite the jealousy if not the alarm of his neighbors. Those tremendous armaments which only await his bidding to commence their work of destruction, and which have been so long and so rapidly on the increase, cannot be regarded without apprehension. The inference is that they will not remain idle long, and pre- texts for commencing a quarred on either side are not likely to be wanting. Mr. Roebuck, M. P., in a speech which we recently published, said that there were things in the conduct of the Emperor of the French which created great doubt and sus- picion in the minds of the people of England, and that he knew there had been a compact entered into with the King of Italy that France should have the island of Sardinia as soon as she withdrew from Rome. This in itself would, if persevered in, be a sufficient casus belli, for England would never permit the aggrandizement of France by any such annex- ation, although there is every reason for sup- posing that Victor Emanuel is quite as anxious to possess Rome as France is to possess Sar- dinia. Referring again to the speech of Mr. Roebuck, he said:—“ There is hanging over us a cloud, threatening war, and what I have said will be verified before many months elapse. In such a position, should we not look ahead for what means of defence there are against the Emperor of the French making the Mediterra- nean a French lake? Where are we to expect him to stop?” There is just now a growing disposition in England to renew the old friendship and estab- lish a closer alliance with Austria; and the latter Power, harassed to the verge of war by her Hungarian subjects, and with Venctia menaced by the Italians, would gladly hail the opportunity of joining swords with England, Russia and Prussia against her great enemy, France. The diversion created by such a con- flict would tend to silence the complaints of the Hungarians and give additional security to the Quadrilateral. Russia, too, racked by the troubles at Warsaw and grave dissensions near- er St. Petersburg, would willingly enter into the alliance for the same reasons, as well as the general desire to weaken France as a Power, or at least confine her within her, present limita, and this the more especially as the recent dou- ble dealing of the latter with respect to Poland has inspired her with considerable disgust. The temper of Prussia is visible in the fact of the King not having gone to Chalons; and if we required further instances of the feeling among crowned heads in Europe, we might quote the Queen of Spain, who has likewise re- fused to visit the Emperor and Empress, These symptoms of an approaching European war may well cause a feeling of insecurity qn the other side of the Atlantic, and with the de- velopement of events this want of confidence will increase. European capitalists will feel a growing indisposition to invest in government stocks, the permanent value of which it will be impossible to calculate. War in Europe will demonstrate to them that the government of the United States is more permanent than any of those in the Old World, and lead them to look in this direction for those secure investments which will be wanting at home. Thus we shall have a great flow of foreign capital to this country. And not only this, for manufacturers, finding an impaired market and excessive taxa_ tion abroad, will transfer the seat of their manu- factories to our midst, like Kirk Boott, who came over to America and built one of the first manufactories in Lowell. Thus will the New World profit by the disasters of the Old. We are, of course, in thus speaking, foreshadowing the results of a cause which has yet no actual existence, but the contingency of its occurrence is so probable as to merit our earnest consider- ation and justify us in the calculation. Tur O1p Goatrtion Aaarxst Naroreox.—It is evident that the old coalition which combined against Napoleon the First, now again aroused by the genius and money of England, is rally ing from every part of Europe to put down his successor, Napoleon the Third. For the last six years—during the warin the Crimeaand the Italian campaign—the Coburg influence in England, so hostile to him, was overruled by the popular will, and the government was com- pelled to unite with Napoleon. But, according to recent intimations in European journals, and from letters which have come to hand, the Co- burg camarilla is rapidly concentrating its opposition to the progress of the Emperor, with aview of preventing him from realizing the views of his illustrious uncle, whose ideas it is the mission of Napoleon the Third to carry out in his own way. The speech of Roebuck, the other day, who is a supple instrument of the Coburg power, is an evidenceof this new com- bination of the old materials. The terrible out- break between France on one side, and Eng- land and her allies on the other, will be hastened by the American war. The British government must rush into some high-handed coalition against popular rights, else, with the overthrow of the Southern rebellion and the resuscitation of American prestige, such an im- petus would be given to the cause of democratic liberty in Europe as would sweep away tho aristocracy, and even the Crown of England. Tae Frienp or Born—Lenn Me Your Ean. — LL.D. Russell seems to occupy a sort of Cap- tain Macheath position between tke leaders of the federal and the rebel armies. Each woos his confidence, and he betrays each in turn. While down South he repaid the hospitality of his entertainers by’ carricaturing their habits and running down their pet institution, When he comes North he sends to Charleston, for con- fidential circulation, the manuscripts of his letters ridiculing eut army, and abusing our Northera.people generally. In his last commu- nication te the London Times he lets out the fact that he was in possession of General Butler’s plan for the onpture of the forts on the Southern const nearly a month ago, and this at a time when it was supposed to be confined to a few of the naval and military authorities. The latter should be careful how they take to to their bosoms this windy Englishman. He may be @ pleasant fellow enough over the bottle, but it is evident that hais nota safe amocipte for gentlemen. tenet | Prince Napoleon's Amex ican Notes, We publish to-day the trazslation of an Amerigan correspondence which, app?ars in the Paris journal L’ Opinion Nationale of the 19th August. It is interesting, s# showing a genuine Frenchman’s impressions about the war which is being waged for the maintenance of the American republic, about our army organiza- tion, our volunteer and militia systems and other features which appear so strange to for” eigners; but it is more than interesting—it is important—when it is discovered that the views which it embodies are those of Prince Napo- leon; that the correspondence is written either by him or at his dictation, and that it is pub- lished exclusively in his own home organ, The letter is dated within a week after his arrival in this city. It speaks of his not haying yet seen the army, but of his intention to examine it closcly, to look at its organization, inspect the positions of the hostile armies, as wellin the provinces as on the Po- tomac, and favor his journal with the impres- sions which he may derive from his tour, These hints, taken in connection with other circum- stantial evidence in the body of the letter itself, and with the fact that some of the Prince's remarks to officers here are reproduced in the correspondence, point conclusively to him as the author. They may, therefore, with pro- priety be termed his American notes. The Prince is not the only distinguished mili- tary foreigner who is criticising our warlike condition. It was but the other day that we translated from the Diario de la Marina, of Havana, a correspondence which we had reason to believe was written by an officer in the Spanish service—General Planas—~-describ- ing his impressions of things here from what he saw in Washington immediately after the Bul! run panic. An incidental circumstance has since proved conclusively that we were correct in attributing the letter to him. We think we are no farther astray in assuming the corres- pondent of the Opinion Nationale to be none other than the Emperor's cousin, Prince Napo- leon, who is now on a tour in this country. We do not now undertake to criticise the Prince’s production. What he has observed he relates graphically, and as to what he does not understand he confesses his ignorance and promises to try to enlighten himself. News- paper correspondents might take a lesson from the Prince. He cannot understand, and proba- bly it would be very difficult to make him, how it is that an officer is designated to conduct a battle and take command of an army, unless as the natural consequence of his rank and po- sition; or how it is that the General-in-Chief, sitting in-his office in Washington, can under- take to direct a battle at Manassas Junction. The Prince, while evidently disposed to act the part of an impartial and unbiassed corres- pondent, has allowed himself to fall into the common error of assuming that the war has no real object, seeing that no recementing of the Union between North and South is possible. Let him wait a while longer and he will see occasion for changing his mind. A few such affairs as that at Hatteras Inlet, with the occupation of points on the Southern coast, will bring the people of the Southern States to their senses. When they once more see the federal flag waving over their custom houses and post offices, and find themselves, in consequence, protected in all their personal and political rights, they will wonder at them- selves for ever being such fools as to embrace the heresy of secession, and will, as: they are now doing in North Carolina, renew their vows of fidelity to the Union, which alone can make and secure their prosperity. There will be @ shaking of hands all round, a renewed pledge of fraternity and friendship, a sentence of banishment or political inability on the worst of the rebel leaders, and then a new start on the career of national glory and greatness. And all this will be to Prince Napoleon only andther incomprehensible trait in the American charac” ter, which is already sucha puzzle to him, Tux Masxep Barrery or Syracust.—Tho whole of the proceedings of Richmond, Peter Cagger and the rest of the Albany Regency at the late Convention at Syracuse were the ope- rations of a masked battery. They affect great loyalty and call out for war to the knife, whilé they assail the government and every means which it has adopted to render the war tri- umphant. These are the same men who last year played into the hands of the secessionists at Charleston and Baltimore, and prevented a union of the democracy for President on a sin- gle ticket—the same men who afterwards, be- fore the election, conspired with the red-radical republicans to defeat the democracy—a result which has led, step by step, to the civil war now raging in the bowels of the land. By their present opposition to the Cabinet they are now playing into the hands of “the little villian” and Massa Greeley, who has declared over and over again in favor of secession. At the Democratic Convention, both at Charleston and Syracuse, the head of the Regency was warned by conservative democrats of the dan- ger to the Union from the perverse course of the Regency. His reply was, “Q—n the Union— d—n the South. We want a great Northern democratic party, and let the South slide.” In like manner Greeley & Co. want a great North- ern republican party, and are willing to let the South ard the Union slide. The Syracuse Con- yention is, therefore, but a masked battery of the enemy or of his allies. Tue AmertcaN WAR AND THE COMMERCE OF tue Wortp.—Mr. Strong,.a member of the Chamber of Commerce, who has just returned from Europe, makes a statement ‘to the effect that one-third of the commerce of the world has been thrown into a state of derangement by the present war. disorder will fall heaviest on the Southern States and their European sympathizers, while the Northern States, free from war and its ope- rations, will enjoy not only an immense inter- nal trade, created and stimulated by the war, but will at the same time participate in the commerce of tho rest of the world, Further- more, the commercial derangement in France and England, in consequence of the war, which every account from the other side of the Atlan- tic shows is about to break out in Europe, and which threatens particularly to involve England and France, the capitalists, manufacturers and mercbants of those countries will emigrate to the United States, where they will have the’ opportunity of making profitable investments and embarking in business enterprises of great importance. The war on this continent will be confined exclusively to Southern soil; and here alone, in the Nortb, will trade and commerce flourish in peace and security. ae No doubt this is true. But the | Tim Coxraay” INVESTIGATING Commrres at THE Sr. Nicuotas—, BOBBLE Startuina Dr- VELOPEMENTS—The comn. 'e sppointed by the last Congress to investigate “the facts and circumstances concerning the issav °f certain contracts for provisions and supplies,” consists of Messrs. Van Wyck and Fenton, of New York; Dawes, of Massachusetts; Steele, of New’ Jerseys Washburne, of Iinois; Holman, of Intiana, and Jackson, of Kentucky, and is now in sesa,'0n at the St. Nicholas Hotel, in this city, Tha’ resolution appointing this committee was passed in July last, and it was go worded and amended a8 to include the investigation of the affairs, not only of the Military Board of this State, but also the operations of the Union Defence Com- mittee of this city. We anticipate something better from this committee than the hushing up of all further inquiry and the concealment of all facts which usually attend and follow ® Congressional in- vestigation. It seems to have settled down to its work in right good earnest, has already examined a large number of witnesses, and has subpcenaed almost all the tailors and contractors of this city and many out of it. The subject is certainly a most fruitful one, and we hope that it will be properly handled. Opdyke & Co., the Military Board and the con- tractors have been pitching into each other im grand style, through the papers; but, so far, they have only shown that there is a great deal to be told and have really said very little, Where there are so many accusations and coua- ter accusations we may safely apply the old rule that so much smoke must conceal some fire. It is just this fire that the public expect the committee to get at. Some startling dis- closures in regard to the operations of the Mili- tary Board and the Union Defence Committee may, therefore, be expected, and develope- ments may be looked for as to the moneys paid by contractors to tke relatives and friends of those having the contracts in charge for their “politi cal influence,” as it is called. The committee has a very rich case of corruption before it, and if its members but perform their duty honestly, faithfully and fearlessly, they will render the State, the country and themselves a great service, and let the public into the secret of many things which now seem mysteriously obscure. Tae Larme Vinuam Frantic Agaw.—The expose which we gave in the Heratpof the at- tempt of the little villain, by means of a secret circular, to reduce printers’ wages and inter- fere with the rights of labor, has set him frantic , again, and stung him into the most extravagant antics. He calls Bennett, of the Heratp, @ traitor and a friend of Buchanan, while he gle rifles Holt, who belonged to Buchanan’s admin- istration, as a loyal man and a patriot. The Cabinet fell in pieces by its own rottennesa; and what role did Holt play whena member of it? He was Postmaster General, and by the neglect of his duties he permitted the Treasury to be srobbed. The defalcation of Fowler, of New York, is an example. Three months before we warn- ed the department of the danger; but no atten- tion was paid to the monition till the defalca- tion exploded, and the culprit made good his escape to foreign parts. As to our being a traitor, it is only necessary to look over the files of the Heratp to see what we have always been. When the secession conspiracy began to develope itself we called upon Mr. Buchanan to issue bis proclamation to the loyal States for a force of sixty thousand men, in order to nip the rebellion in the bud, before it had time to fully organif® and assume the formidable di- mensions to which it has since grown. Had this advice, which was given in advance of every journal in the United States, been adopted at the time, the insurrection would have been crushed in its infancy, and there would be no war to-day, and no South in the United States in contradistinction to the North, butone Union and one flag with the Stars and Stripes, and none with “stars and bars,” floating on Ameri- can soil. But Buchanan was too great a coward, and failed in his duty under the influence of Holt and his associates. Crevrr To Wuom Creprr 13 Dox.—Several persons, naval and military, have been taking the credit of the successful expedition to Hat- teras Inlet, and they have been blowing their own horns at an amazing rate. But the General who planned the expedition, and to whom the credit of it is really due, is passed over in silence, because he is too much of a true soldier to sound his own praises, and that soldier is General Wool. Till he went to Fortress Mon- roe nothing whatever had been achieved by Butler, except the big blunder of Big Bethel, and Commodore Stringham’s command was only distinguished by the loose way in which the blockade was enforced, permitting numerous ships to run it with impunity, to say nothing of the ravages of the privateers along the coast. But no sooner does General Wool arrive and take the command than he organizes this suc- cessful expedition, which ought to have been carried out three months ago. As soon as it is accomplished the officer commanding the naval force and the officer commanding the land force hasten to their homes to receive ovations. which properly belong to another. The best thing they can do is to return immediately to their respective com- mands, and receive further instructions from General Wool to carry out other enterprises on the coast of North Carolina and all the rebel- lious States of the Atlantic seaboard. There is no time to be lost. While these naval and military heroes are dallying in New York and Massachusetts, the enemy may be concentrating reinforcements which will almost nullify our previous success. Tue Mrsrary Boar anv THe Sxoppy.—The Military Board of this State have made a reply of some fourteen columns to the charges pre- ferred against them by Opdyke & Co. the board of inspectors appointed to examine: the: soldiers’ clothes. This long-winded lucubra- tion is one of the most know-nothing documents we have ever read. It is completely non-com~ mittal. No one knows anything about thn shoddy—all are ignorant about all things that they ought to know. It looks very like a cheat on the soldier in the article of clothing. It is not to be expected that these gentlemen would openly admit their complicity; but, we are preparing a reply to a libel suit brought against the Hxrap by one of them, which will show that there are various ways of killims a dog without choking him with butter. It-will show that the cheating transaction is not done direct- ly with the parties, but through ‘certain me- diums, All their distant relative; and intimate friends make a requisition for ‘a share of the profits, on the ground of tha special political nfluence which they can Weld for or against