The New York Herald Newspaper, February 26, 1862, Page 6

: NEW YORK HERALD. JAMES GORDON BENSETT, EDITOR AND PROPRIETOR OFFION N. W. CORNER OF FULTON AND NASSAU FS. ‘Noum Tom's Canin, w tL ACK'S THEATER , No. Su E Broadway.—Tar BELie’s Siu LAURA KRENE’S THEATRE, Broadway.—Tae Ma- OsRTHY; O@, THF Paxr cw Lax, NEW BOWERY THEATRE, 1 ‘Bowery, —Carrons or Torr Dowxtsvo—Lxcns Tox BOWERY THEATRE, | Bowery—Smoxxxr's Navioman | Cimevs, a6 raven anu BARNUM’S AMERICAN MUSEUM, Broadway, Norr—Livina Hirrorotamus, WHatx, we., at ail i Onan, afernven aud . veuing. BRYANTS’ MINSTRELS, Mechanics’ Hall, 472 Broad- way.—vuaw Roast bike. MOOLEY'S MINSTRE' Stuyvesant Institute, No. 688 Broadway,—Fox ty 4 Fix: WoPIAN Sones, Dances, &o. NIBLO'S SALOON, Broa: ~Gorrsenauk's ConcKn7— Dow Paseu ace. MELODEON CONCERT HALL, No. 539 Broadway.— Sones, Daxors, Buntxsqurs, ko Lire oF 4 Coxvicr, rm 585 Broadway.—Sona s LONNIGAN AT TIE Fo CANTERBURY MUSIC Danoxs, Buxirsques, &0.—\ GATETIES CONCERT ROOM, 616 Broadway. —Drawnva Room Enrenraimwents, BALLers, Pasro Faces, 40 LAMTRICAN MUSIC HAL 444 Brondway.—Soxas, BAt- Pantomimxs, &¢. it Parnres. CRYSTAL PALACE CONCERT HALL, No. 4 Bowery. — Benissquss, Sonen Dascrs Barve tienes PARISIAN CABINET or WONDERS, 563 Broadway. Open daily from 104. M. ti 9 P.M. NOVELTY — HALL, 616 Broadway.—Braireqy Sones, Dances, £0. TRIPLE § SHEET. New m Xork, Wednesday, Febraary 20, 1868 DAILY CIRCULATION OF THE NEW. YORK HERALD Sanday, February 16. Monday, February 17 +» 104,016 . 118,080 Tuesday, February 18. . Wednesday, February 19. Thursday, February 20. Friday, February 21. Saturday, February 22..... 118,968 117,720 | 118,800 803,808 Average daily circulation 114,829 The above figures, which can be verified from our books, give the circulation of the New Yor« Humatp for the week just past. Wo believe that itmore than equals the aggregate circulation of all the other daily papers in this city, and of course it far surpasses that of any one of theni. The ad- vantages which the Herat affords to advertisers ave self-evident. THE SITUATION. Onur news concerning Nashville is interesting. A despatch from Cairo, dated on Monday, states that the rebels afe concentrating a force at Pinc blufts, twelve miles to the westward of Nashville, where they have erected some strong fortifica- tions. It further says that the reported occupa- tion of Nashville by General Buell as far back as last Saturday is premature, as he could hardly lave reached there by that time. That Nashville is virtually evacuated by the rebels, and that no formidable stand will be made there, is, however, pretty certain, although @ great battle may yet take place somewhere in the vicinity. The rebels, it is true, may be endeavoring to set a trap for our troops, but they will find themselves vastly overmatched by the splendid combinations of our Generals, A despatch received at St. Louis yes- terday evening from Cairo, for instance, states positively that our troops took possession of Nashville without oppositioa; that Governor Harris has ordered the Tennessee rebels to lay down their arms, as reported; that no opposition to the Union army is manifested anywhere on the Cumberland river; and that white flags are said to be flying at Memphis. A recommissance was made by four iron-clad gunboats and two mortar boats down the Missis- sippi to Columbus on Monday. They found that the rebels there had seized all the flathoats and skiffs, and were apparently engaged in some active movement. A flag of truce was sent from the | rebels just as our boats were getting into position. Some rebel officers came on board the Cincinnati, and had a consultation of two hours with our officers. What the result was has not been made known, but the immediate return of our squadron would seem to point at an evacuation of Colum- bns. The Memphis papers admit that it will have to be abaadoned. The news from Fortress Monroe contirms the report of the destruction of the town of Winton, N.C., by our troops. It appears that the Ninth New York regiment went up tho Chowan river for the purpose of destroying the railroad bridges on the Chowan and Blackwater rivers; but, on dis- covering @ large force of rebels at Winton, they did not land. A fire being opened on our gunborts, howover, they responded with shell, and set fire to the town. The Treasury Note bill, which provides the sinews of war to the amount of two bundred mil- lions of dollars, received the signature of the President yesterday and became alaw. It was amended by a joint committee of both houses and | agreed to, so as to make the fifty millions of notes previously issued a legal tender. Woe publish to-day an accurate map, showing | the topography and hydrograpby of Savannah and | its approaches, with an account of the successful | expedition from Dawfuskie Island to Jones’ Island, | and the ostablishment of a six gun battery at the | latter place, commanding the Savannah river, thus severing communication between the rebels at Sa- vanrah and Fort Pulaski. The expedition con sisted of the Forty-cighth New York regiment, Colonel Perry, two companies of volunteer engi- neers, and two companies of tho Third Rhode Toland artillery—tho whole under the command o¢ Brigadier General Viele, The expedition encoun- tered what appeared to be insurmountable obsta- cles, but, by the skill of those having command and tho indomitable perseverance of the troops, their efforts wero successful. Another Union bat- tery was subsequently erected on the west end of Tong Islood. ‘The nows from I1te Southern papers, published undor the proper head in to-day’s Henatp, will be found veculiarly intorasting, Tho tone of the rebet b h : > ° 4 . ] : : oval iek YE ° ¥ wan NEW YORK HERALD, WEDNESDAY, FEBRUARY 26, 1862.—TRIPLE SHEET. at nae press since the capture of Forts Henry and Donel- son and Roanoke Island. is decidedly ferocious. The Richmond Examiner of the 22d inst. has @ long editorial on the rebellion. It says:—‘The reverses we have lately suffered are scratches on the skin of the country. They are blows that arouse, not wounds that weaken. The few thousand troops we have lost are but drops in the bucket. The armies of the United States have to carry a hundred posi- tions stronger than Donelson or Roanoke; they have to conquer a hundred armies like those they have overcome; they have to march many thou- sand miles of ground; they must win many a hard campaign before they shall have reason to arrive at the conclusion dictated by their drunken jubilees.”” The details of our telegraphic reports of the European news by the Niagara are published this morning. They will be found of great im- portance. The advices are dated to the Sth instant. The Earl of Derby delivered a speech of great moment on the American question in the House of Lords on the 7th instant. The London Zimes, reporting a speech made by himon the previous night, made him advocate the recognition of ‘the rebel confederacy by England. The Earl corrects this matter very emphatically in these words:— “With reference to the recoguition of the Southern States, he was reported to have stated that the time had very nearly arrived when, in his judg_ ment, her Majesty’s government should be called upon to recognise as successful the revolt of the Southern States; what he did say was, that in his judgment the time had not arrived at which her Majesty's government could be called upon to recognise the independence of thg Southern States.” The significancy of this correction will be mani” fest. It places the opposition, of which Lord Derby is the leader, on the same side as the minis_ try, whose views upon the recognition of the rebel so-called government have been recently expressed by Lord Palmerston, and gives the death-blow to the hopes of the rebel chiefs for aid from the gov- ernment and people of England. We also give to-day all the important communi- cations relative to our affairs which were presented to Parliament by the Palmerston Cabinet. This correspondence goes back as far as the 17th of November, 1860, when the election in the United States had assured the elevatiou of Mr. Lincola to the Presidential chair. All the mo- mentous events which have occurred in the in terval are narrated and discussed. There is a long letter addressed to Lord Russell by Mesera, Yancey, Rost aud Mann, urging that the Confede- rate Staies were entitled to be regarded as gov- ernment de facto, with other valuable diplomatic documents. The Emperor Napoleon, at the Tuileries, con- gratulated Mr. Dayton, United States Minister at Paris, on the Union triumph in Kentucky when Zollicofier was killed. The Emperor showed by his remarks at tfe moment that he watched the march and movements of our army with careful study and much interest. CONGRESS. The Treasury Note bill finally passed both houses of Congress yesterday, and was signed by the Prosident. It is, therefore, now the law of the land, and will immediately afford relief to the nu- merous creditors of the government, as well a3 the country at large. The bill, as reported by the Conference Committee, retains a provision that the issue notes, redeemable in five years or paya. ble in twenty years, is at the pleasure of the gov- ernment. It also makes duties on imports paya- ble in coin, and pledges that specifically to the payment of the interest on notes and bonds, striking out the pledge of the public lends, In the Senate on Monday, the joint resolution providing payment to the St. Joseph and Hannibal and Pacific railroads (roads which have received grants of land from the government npon condition 1 that troops and war munitions shall be transpor free of charge), for the transpor ion of troc &c., during the existing war, was amended so that the roads shall bring i no claims for damages in future, and then adopted. In the ate ye the occupation aud cultivation of cotton lands in sterday, the bill providing for possession of the United States was reported back Yommittee on Territories, and an amend- | ppropriation to twenty thou- “The farther consideration of the subject was then postponed; and the bill was made the special ter for today. The bill providing for the confiscation of the property of rebels was then taken up and discussed at con- siderable length, and fi y postponed till to. The biil authorizing the Secretary of the Treasury to issue certificates of acknowledgment of debt to public creditors was passed. ‘The House of Representatives on Monday passed the Post Office and Indian Appropriation bills, A resolution was adopted calling upon the President to inform the Ho: if not incompatible with the public interests, whether any foreign Power has received into her ports any ship to land prisovers which they had captared, and whether food and stores have been furnished at such ports, or ma- chinery permitted to be repaired. The House yesterday transacted « large amount of business. The Senate bill autherizing the Secretary of the Treasury to issue certi- ficates of indebtedness to public creditors, was pasted. A }ill amendatory of the Articles of War, «0 a8 to provide thas all officers in the military service are prohibited from employing any of the forces under their respective commands | for the purpose of restoring fugitives from serv or labor, escaping from those who claim such «er- vice or labor to he dne to them; and any officer found guilty, by court martial, of violating this article, shall be dismissed from service, was re ported from the Military Committee. As this bily virtually repeals the Fugitive Slave Law, it gave rise toa warm debate, bat was finally passed by vote of 83 to 42. The Senate bill reorganizing the avalry sery wae amended by reducing the number of regiments to fifty instead of forty, as provided by the Senate, and then passed. A bill directing that the oath of allegiance be ad- ministered to American shipmasters clearing for foreign ports was passed. The bill authorizing the Postmaster General to establish a postal money order aystem was also passed, and likewisea billde- signed to allow the transportation of light articles through the mails, for the accommodetion of sol- diers, at the rates of book postage—one cent por ounce. A bill.g@@ax the salaries of public officers was referred Ways and Means Committee, Aresolution was adopted instructing the Commit- tee of Ways and Means to inquire into the expe- diency of levying ® tax of three per cent per pound on cotton, and making such a lien thereon; persons and corporations to be prohibited from carrying or transporting the sme until the tax ts paid, by the ment limiting the sand dollars adoy } atthe Sandwich Tsls } and the MISCELLANEOUS NEWS. The rebel Provisional Congress, in the last weck of December, made the following appropriations for the year ending on the 18th of the presen; monthi— War ee + $57,963,706 Navy Department. bay Hs 000 Interest on _ debt Executive Department. iste? Legislati 72) iacellance 25,000 Total... Sk ae daa $62,527,288 In another column will be found a highly interest- ing letter from vur Fortress Monroe correspondent, treating upon the condition and future treatment of the fugitive or vagrant negroes. Major General Wool, in issuing the general order (No. 5) in rela- tion te appointing the commission—consisting of Colonel Thomas J, Cram, Colonel Le Grand B. Can. non and Major William P. Jones—is determined to ferret out any and all abuses practiced upon this unfortunate race, who are cruclly abandoned by their masters, and left to the mercies of the world. Abolition agitators have been at work falsifying the labors of Gen, Wool, and he is, therefore, de- termined to clear himself in the eyes of the world from the unfair imputations; and also, for the sake of humanity, place the fugitive negroes in a com- fortable, and, at the same time, profitable position to themselves and the government that provides for them so liberally. General Lloyd Tilghman, the rebel who was in command of Fort Henry, has been sent to the Illi- nois penitentiary at Alton. It is said that after his capture he became insolent and ugly, and made a great many impudent demands upon the Unionists during his stay at Paducah. He will probably be confined at Alton until his Southern blood cools. Two thousand of the Fort Donelson rebel pri- soners were sent to Chicago over the Ulinois Cen- tral Railroad, and ten thousand six hundred and eighty-five have arrived by steamboats at St. Louis—total, twelve thousand six hundred and eighty-five, and more to come. The Twentieth Minois, Colonel Marsh, which so distinguished itself at the battle of Fort Donel- son, is the regiment which Hon. Owen Lovejoy tried hard to get command of; but the men knew the difference between a soldier and an abolition- ist, and Owen was foiled. Rey. James Pratt, D.D., of the Trinity church of Chicago, preached a sermon to the Fort Donelson rebel prisoners in Camp Douglas on Sunday last. There are two classes of Union men in the South- ern States. One class is composed of uncondition- al Unionists, bat their numbers are small; the other is known as the would be Union men, and this latter party contains, probably, a large major- ity of the whole free population of the South. They are Unionists at heart, and only require to be convinced that their local institutions will not be interfered with, and that the war was not inaugn- rated on the part of the North for the purpose of subjugating them and emancipating their slaves to bring them back under the shadow of the old Stars and Stripes and cause them again to raise their voices in laudation of the old constitution. ‘The rumor that Senator David Wilmot, of Penn- sylvania, is about to resign his seat to accept of a foreign mission, is denied by authority. We have advices from the Sandwich Isiands, dated at Honolulu on the 9th of January. The elections for some members of the Legislatare had terminated. The progress of the contest was marked by the introduction inte the country of two of the most dangerous enemies of freedom— an attempt to overbear and ride down the fran- chise by a general riot, and the display of an in- tense spirit of religious animosity, the Catholics voting as organized bands of Catholics only, and not as citizens anxious for the public good alone. The Honolulu Advertiser says:-—* The unwarranted abuse of power ina foreign policeman striking a native, induced a row, in which some five thousand persons were engaged ast participants and spec- tators.””. And again:—‘ The total number of Ca- tholic votes cast on Monday appears to have been about 1,260—the successful native nominee, Po- maikai, having received 1,259, the united vote of that body. It is the first time that the Catholics have appeared at the polls as a successful party organization—three of their candidates having been returned, and the remaining one (Mr. Web. ster) elected only by fifty-eight votes over the fourth Catholic nominee, Keolanai. We believe that the Protestants have never appeared at the polls as an organized body or party, and this new feature in our elections may well excite the atten- tion of the public.” Rey. W.C. Shipman, aged thirty-seven years. pastor of the native church and missionary of the American Board, died at » December 21 Shipman left the Uni States in 1854 design of laboring in Mi onesia, but on his arrival Ja, in 1855, he was trans- ferred to the church at Kau, which wae originally organized by the Rey. Mr. Paris, uow of Kealake- Kua. He leaves a widow and three children. A rv gold was found in the crop ofa aiscd in one of the valleys back of Hono- lulu, which hod been killed for » Christmas dinner, creat qnestion was, have we gold in our mout A severe shock of earthquake was experienced on all the islands on the group on the 2ist of December. It consisted of ten or twelve regular vibrations trom east to west From the Society Islands we have news dated at Tahiti on the 6th of December. The French corvette La Dorade bad arrived at that port from New Zeuland, bringing accounts of discoveries of gold eeding any previous. The consequence was a general rosh thither from all quarters. A schooner was purchased at Tahiti, laid on for New Zealand, and flied up with thirty passengera with- in twenty-four hours. The Dorade lost half her crew by desertion. The government at Tahit; intends to lease the marine railway, wharves and magazines attached, at the port of Papeceti, to the highest bidder, for five years; sealed tenders to be forwarded to the government at Tahiti previous to the Ist of June next, when the adjudication be- tween the competitors will take place. The rail- way is capable of receiving a ship of 600 tons bur- then unloaded, or @ vessel of 200 or 250 tons with cargo on board; the wharves attached to the cou- cern are two, each of sbout 135 feet in length. The Manupais reports the French brig-of-war Raillenr as having gone ashore at the Island of Morea, while gaing through the passage of the reef at thatisland. She got off with the help of a war steamer and sailors and soldiers from the naval station, Captain Miller, of the Golden State, had been shot by Captain Dunn, the husband of a lady passenger that came down with Miller from Cali- fornia. The schooner Golden State arrived from Humboldt Bay at Tahiti on the 24 of October, with @ cargo of lamber and building materials. We have files from Bermuda to the 11th of Fe- broary. Her British Majesty's steamer Racer had arrived from New York. The St. George had sailed for England. A regular meeting of the Board of Supervisors was held yesterday, when Elijah FP. Pardy took his seat as President of the Board. A communication was received from the Corporation Counsel, stating that the amounts charged by the Sheriff against the Excise Commissioners, and known as county term fees, are not legal. An appropriation of fifty thousand dollare was made to the Commission- ers of Harlem bridge. The President then an. nounced the Standing Committees of the Board, which will be found in our account of the proceed, ings of the Board, given in another column. The Central Park lake was ina very fair condi- tion for skating yesterday, and about fifteen thou- sand persons availed themselves of the oppor- tanity, Should the weather remain cold tho ball will be up this morning at seven o'clock, and the ice illuminated at night. The lovers of skating should remember that the winter is drawing to a close, and that the skating mania is commencing itsebb. Men and boys, matrons and maidens, be on the qui vive, for the Iee King will soon lose his empire, and then farewell to the poetry of motion. The weather is extremely fickle, and the last days of February are much given to thaw. Therefore» improve the opportunity ere it fades. The lower pond is already broken up, and the upper one will soon be so, as the edges of the‘ice plainly show. There is a very heavy criminal calendar to be disposed of in the term of the United States Cir- cuit Court which commences to-day. There are three persons charged with murder on the high seas; and one with manslaughter; there are eight others for larceny and other offences at sea. There are no less than nine persons indicted for the capi- tal offence of dealing in the slave trade, and five others for the minor offences of serving on a slaver and fitting out a vessel for the slave trade, According to the City Inspector's report, there were 400 deaths in the city during the past week— a decrease of 348 compared with the mortality of the week previous, and 10 more than occurred during the corresponding week last year. The re- capitulation table gives 1 death of alcoholism, 3 of diseases of the bones, joints, &c.; 83 of the brain and nerves, 4 of the generative organs, 12 of the heart and blood vessels, 135 of the lungs, throat, &c.; 6 of old age, 63 of diseases of the skin and eruptive fevers, 2 premature births, 43 of diseases of the stomach, bowels and other digestive organs; 31 of general fevers, 6 of diseases of the urinary organs, and 11 from violent causes. There were 283 natives of the United States, 8 of Eng- land, 72 of Ireland, 27 of Germany, 7 of Scotland, and the balance of various foreign countries, ‘There was more confidence manifested in tho cotton market yesterday, especially in the afternoon, while the sales footed up some 400 a 500 bales, on the basis of 24c, a 23e. for middling uplands. We were favored with the following private despatch from Boston:— Boston, Feb. 25,1862. ©. C, & H. M. Tanom, New York:— Over 2,000 bales of cotton were destroyed by” fre ast night. ED. H, ELDRIDGE. Vreparations were on foot for the shipment of some 2,000 bales from this port to Liverpool, chiefly by » lead- ing banking house in Wall street. It was stated that a pareel of cotton which had reached this port from Liver- pool bad not beén discharged, and would probably go back by the same vessel that brought it. The Liverpool brokers’ circular of the 7th inst. gives the stock of Ame- rican cotton at 204,970 bales, against 546,950 do. at the same time last year, and 289,760 do. India Surats, &c., against 120,000 do, at the same time in 1861. The total stock was 550,180 bales, against 719,420 do. al the same time last year. To arrive at the difference in supplies in the two periods estimate the American bales at 450 Ibs. aud the India bales at about 300 lbs. each. There were at sea on the 7th inst. no cotton from America, against 310,000 bales last year, and 99,000 bales India, against 76,000 do. last year. The flour market was without change in prices, with a fair amount of sales, chiefly to the domestic trade. Wheat was dull and sates quite limited. Cora was less buoyant, with light sales, at Gio- a 643¢c. for Western mixed, in store and delivered. Pork was active, with sales, chiefly for spring and summer do- livery, af $14.60 @ $1475, and new prime at $10 50 a $1062. Sugars were steady, with sales of 1,300 hhds. Cubas and 74 boxes. Coffee was quiet and firm. Freights were steady, with a fair amount of engagemenis. Im portant from England—The Last Hope of the American Rebellion Vanished, The detaile of the news from England, brought by the mails of the Niagara, present one highly important feature not indicated by the telegraph from Halifax. Earl Derby, the leader of the opposition in the British Parlia- mant, rose in his place in the House of Lords on the 7th inst. in order to correct a misreport of his speech of the previous day, published in the London Times, and the fact of his deeming it necessary to take 0 much trouble may be regarded 23 a significant symptom of public opinion, The report of his speech in the Times was:—“ I think the time is nearly come when the government may probably be called on to recognise the so far successful revolt of the seceded States.” What the Earl of Derby did say was very different. It was as fol. lows:—‘ The time has not come when it (the British government) can properly be called on to vecognise the government representing the successful revolt of the Southern States. Though it is the practice to recognise a de facto government that has succeeded in establishing itself, J do not think the resistance of the Southern States has been so successful as to justify us in recognizing them as a Power able to maintain its own independence.” This plain langnage, under the circumstances which surround its utterance, must be regarded ae# an emphatic declaration of the policy of the opposition. As to what the policy of the ad- ministration is, the extracts which we publish this morning from State papers upon American affairs produced in Parliament leave not a shadow of doubt. In reply to Messrs. Yancey, Rost and Mann, who, as delegates from the Southern confederacy, urged upon Earl Ruz- sell the recognition of its independence, the Secretary for Foreign Affairs said: .“ Her Ma_ jesty cannot acknowledge the independence of nine States until the fortune of arms, or a more peaceful mode of negotiation, shall have more clearly determined the respective positions of the two belligerente.” As neither the fortune of arms nor peaceful negotiations with the United States government have, since that time improved the position of the Southern confede- racy—-but, on the contrary, as is admitted by its President, “the tide of war is turned against it’—there {is still less reason than ever for the recognition of the revolu- tionized States. There is no hope, therefore, from the administration. There is none from the opposition. The claims of the Southern confederacy have hitherto found their chief support in England among the tory party, and it was feared by the friends-of the Union that that party, on the opening of Parlia- ment, would make issue with the whig govern- ment on.the American question, and oust it from power or force it into a recognition of the Con- federate States, if not into the highhanded course of breaking up the blockade as not effective according to the principles of inter- national law. It was even expected by the most sanguine of the rebel chiefs that Lord Palmerston and Earl Russell would be com- pelled to declare war against the United States, and to form an alliance with the Southern con- federacy. This oxpectation is now completely dissi- pated. Tt was @ hope begotten by the wish—the Inst desperate hove of European intervention. It was like the gleam of eun-| the land to establish its independence. hy acerca rye cy England's persistent neutrality, and Somerset, to ite final breaking up with an explosion. The news from England, therefore, is the kell of departed hope. Nor must it be forgotten that | tact hope of Davis; but his hearers must Fort Henry, Roanoke Island and Fort Donel- sor Jonoraeaermephaghnengaoe agro The bankruptcy of our loyal States is the ih at the time Earl Derby desired to set himself | been disgusted with his impudence in referring right before the country the news of the bril- Mant achievements at Roanoke Island and on the Tennessee and the Cumberland had not reached'him, Had he then known how the re- bellion reeled under these staggering blows, how much more discouraging would hia lan- guage have been to the desperate cause of the Confederates. The administration party, the Manchester party, represented by Bright and Cobden, and the great tory party, represented by Earl Derby, have now all declared against the claims of the rebellious States as inadmissible. There is no other party in England. The whole nation is thus against the pretensions of the sham government of Jeff. Davis. The discus- sion of the case of the Trent has devploped the latent sympathies of the British people with the United States, and the leaders of the respective parties fear to run counter to the public sentiment. What will be the tone of English opinion when the news reaches Great Britain that Fort Donelson is captured, that Bowling Green is evacuated, and at Colum- bus the rebel General is preparing to follow suit; that Nashville, if not already in the hands of Buell, soon will be; that Savannah is under the protection of our guns, and that on every side the Union armies are closing around the re~ bellion like a circle of flame around a scorpion, to consume it alive or force it to sting itself to death. The Crisis at Richmond—The Inaugural of Jeff. Davis. The inaugural of Jeff. Davis, which we pub- lished yesterday, considering the peculiar cir- cumstances attending it, and tho serious and melancholy tone which pervades it, is a Con- federate State paper entitled to some special consideration. The day was the anniversary of the birth of Washington; the scene was in Rich- mond, and Davis and his ruling associates had assembled “to usher into existence the permanent government of the Confederate States”—their provisional concern, set up at Montgomery, Alabama, one year ago, having expired by limitation. Without dwell- ing upon the intolerable usurpations, oppres- sions and cruelties of the government of the United States, in contrast with the blessed mil- lennium of his Southern confederacy, as painted by Davis, we e proceed to his statement of its achievements within the one brief year of its eventful history. He says, “a new government has been established, and its machinery put in operation over an area exceeding seven hun- dred thonsand square miles;” that “the great principles upon which we have been willing to hazard everything that is dear to man have made conquests for us which never could have been achieved by the sword;” that “our confede- racy has grown from’six to thirteen States; and Maryland, already united to us by hallowed memories and material inierests, will, I believe, when enabled to speak with unstifled voice, connect her destiny with the South ;” that “battles have been fought, sieges have been conducted; and although the contest is not end- ed, and the tide for the moment is against us, the final result in our favor is not doubtful,” becanse “the period is near at hand when our foes must sink under the immense load of debt which they have incurred.” Now in this schedule of grand results and ex- pectations Davis surely did not expect to be believed by his hearers in his cool declaration that “our confederacy has grewn from six to thirteen States. He knew very well, while ut- tering this fiction, that Price had been finally drives ont of Missouri; that onr troops we iving him out of Arkansas; that K tucky was no more a rebel State than Maryland or Delaware, and that Tennessee might also be counted out of the list of the Confederate rebellious States. If Davis had said, “Onr ex- tensive Southern confederacy of last summer has been shorn of more than half its strength ty our late disasters, and very soon this gov- ernment may find it expedient to retire within its original boundaries and to its original capi- Ala., to save ourselves being captured by the armed mercenaries of Lincoln,” be would doubtless have uttered the thonghts which were appermost in his mind while pretending to believe in the final success of his exploded imposture. How stunds the case within those six original Confederate States, compared with their position one year ago? At this time last year the flag of the Union was nowhere to be seen flying within the limits of those six States, except over Fort Sumter. in South Carolina, and Fort Pickens, in Florida. Now the old flag is pretty well advanced, and is still advancing in South Carolina and Georgia; has gained an additional lodgement or two in Florida; is firmly planted upon the soil of Mississippi and Louisiana, and penetrated only the other day, amidst the re- joicings of the people, all the way up the Ten- nessee river to Florence, in Alabama. Mean- time, while the Burnside expedition is steadily moving on towards the capital of North Caro- lina, and while the great overland Western ex- pedition of Hunter is about to sweep off the rebel forces from the plains of Arkansas and Texas, the only doubt as to the fate of the great rebel army at Manassas is whether it will wuit to be cut to pieces’ by McClellan, or save itself by flight and by destroying the roads and bridges bebind it. to the bankruptcy of the Union, when Tate transfer of his Potomac army and “permanent government” from Richmond back again to Montgomery. : Our Map of the Rallroad Arteries of the uth. It appears, by intelligence from Richmond, that the rebel Congress has passed the act, re- commended by Jeff. Davis, authorizing the construction of the railway between Danville, Virginia, and Greensboro, North Carolina, on the ground of its being military necessity. We submit for the edification of our readers this morning a railroad map of our Southern States, for the purpose of illustrating ‘at a glance. the necessity of certain roads to the very life of this rebellion. Thus it will be seen that with the occupation in East Tennessee of the rail- road running thence up- into Virginia we should cut off on that side all the rail- way communications between Virginia and the other revolted States. Next, it will be ob- sorved that, with the occupation by our military forces of Goldsboro and Raleigh, in North Carolina, we cut off all the railway lines on the Atlantic shore side between Virginia and the other Southern States, so that with our occupa. tion of the three points indicated the rebels im Virginia would be completely isolated from their Southern confederates. ¥ Our map, however, embraces an inside track through North Carolina which would still serve the purposes of the rebels, but for the unfinished gap of thirty or forty miles be. tween Danville, Va., and Greensboro, N. CO. which is now about to be filled up, by the re- cent act of Congress. Davis was very earnest in his suggestions for the immediate completion of the road over this inconvenient gap of the inside route; and more recently he has sub- mitted to the legislative body of rebels the necessity of aiding in the construction of a connecting link between Selma, Alabama, end Meridian, Mississippi, in order to have more ample communication with the Southwest, A glance at our map, in connection with the movement of the advanced columa of Generel Thomas into East Tennessee, and with the entrance of the Burnside expedition into * North Carolina,,will satisfactorily explain the solicitude of Jeff. Davis in regard to. this Dan- ville and Greensboro inside route. As a mili- tary man he had some suspioion of these peows : lier dangers of his situation before the rebel members of Congress had given the ey attention to the subject, Wg have ed = one of their principal arteries by Ing railroad bridge across the Tennessee fifteen miles above the recently captured Fort Henry, thus cutting off direct railroad communication between Columbus and Bowling Green. Still consulting our map, we are inclined te the opinion that the immediate occupation of those important railway lines of East Tennessee” by a strong column from the forces of General Buell, would be more damaging to the rebels | than our occupation of Columbus, Memphis or Nashville; because the bulk of the subsistence of the rebel army on the Potomac is drawn from the grain producing districts which find their outlet eastward through East Tennessee, Captured Rebel Flag for the City of New York. A beautiful flag, captured from the rebels at the battle of Fort Donelson by a New Yorker, Colonel M. C. Sinith, Acting Brigadier General, has been sent to us for presentation to the city of New York, and now awaits the pleasure of Mayor Opdyke at this office, Our corres pondent, through whom it was forwarded, thus describes the flag and the gallant charge in which it was taken :— But perhaps the most desperate charge made in the whole of the engagement was that of Colonel M. L. Smith's brigade, early inthe afternoon. Genera! McCler- nan and hud been attacked early tn the morn coslating of Schwartz's aod another bat. tery, bad beon partly eaptured, and, though ho gallant! led is men ap threo times to retake thom, still, at past one, he found himself worsted at every po! There wa no commanding general on the field to order reinforcements, and Captain Hillyer, of Genoral Grant's stat, ‘ vook the responsibility,” and ordered. Generat Wallace to send General MoClérnand such help as wae needed, Col, Morgan Smith's brigade, consisting of the Kiguth Misaourl, Eleventh Indiaba and Seventh Towa, were chosen aud despatched to the rescne. They charged bayonets up the hill, drove the enemies from their guns, Scattered the fufantry im confusion, retook the captured batteries, which had been turned upon us, and re-established order upon the right. The rebel force here engaged was the flower of the rebel army—mostly from Miseisaippi—and as reckless and der. porate # set of fellows as ever meta foe; but their reck- lersness and bravaco were po avail before the cold stee? and polished Layonets’of the Pukes, Hoosiers and Hawk. eyes. Among the trophies captured were several - did flage, one of which I send you to-day by expres—s gift frees, the guilant Ovlonsl who onpeared it, Morgan Le Smith. Tbe trophy is insoribed:— Deen n ce nO Ceet OPN INNO ONELOOOOLE HE DIOD $ LADIES’ GIFT 3 TO THE BLACKLAND GIDEONITES. 3 May Heaven crown you with victory. Boorreere It is a full blooded “‘secesher,”’ boetpow a eight wide, of the finest silk, finely saltecsauren soa tered,and' in all respects fully up tothe mark of such affuirs generally, Col et Smith ten New Yorkor by birth, » gradnate of West Point, a man of great bravery and military skill,and desires this trop to be pre- city of his nativity throug! editar of the Haran, sented to tl This flag is of fine silk, but is not so large as it is represented by onr correspondent, who did not measure it. It is nine feet six inches long and five feet wide. It is made after the pattern originally adopted by the Confederate Con- gress—“ the stars and bars”—and is white, red and blue, The bars are three—the upper and lower red, and the centre white. The lower bar runs the whole length, the centre and the upper extend only from the blue field, or Union, which contains in the centre the stars cluster- ing round in @ circle. The blue, or Union, is thus the upper corner of the flag, next the flag staff, and it extends downwards two-thirds or <= Davis is aware of all this and of the over. | to the edge of the lower red bar. It is a square whelming superiority of our military forces and resources on every side, by land and water, and substantially confesses his critical situation in his desperate attempt to draw consolation from the idea that our loyal States, Weighed down by a mountain of debt, will soon be compelled to give up the struggle. A yoar ago “King Cotton” was pronounced by the rebel chief and his fellow conspirators as the invincible cham- pion of Southern independence, and England and France, for cotton and free trade, were sure to putan end by force ef arms to “Lin- coln’s paper blockade” and war of “Southern subjugation.” But, in any event, down to the of a little over a yard. Within the circle formed by the stars is the inscription as abovo, in gilt letters; but, instead of taking the form of an oblong square, it is circular, following the surrounding figure of the circle of stars, The stars, which consist of white silk, are well formed, and the effect on the deop bluo is- It is worthy of remark that, though the Con federate States are thirteen in number on papor and in the inaugural of Joff. Davis, this flag ox- hibits only eleven, which may be accounted for by the fact that it was made before Missourien% Kentucky wore dragged into tho confodoracy; end of 1861, Big Bethel, Bull run, Ball’s Blui’ | and as those States wore not likely to remain and Belmont were held as establishing the fighting capabilities of the repellious South on long under the dominion of Jeff. Davia and Oo, the rogiment which boro the (ag did pet thian