The New York Herald Newspaper, March 8, 1862, Page 6

6 NEW YORK HERALD. SAMES GORDON BENNETT, EDITOR AND PROPRIETOR, OFFICE N. W. COKNSK OF FULTON AND NASSAU STS. Volume XXVIII AMUSEMENTS THIS EVENLNG, NIBLO'S GARDEN, Broadway.—Coutsen Bawn—How 10 Pay rug Reyt. WINTER GARDEN, Broadway.—Pav. Prr--Toonixs— Unecie You's (ais WALLACK’S THEATRE, Bux. . 8t4 Broadway.—Roap To LAURA KEENE’S THEATRE, Broadway.eTur MA- CaRtHY, OB, THE Byer or Lay. Bh fpr THEATRE, Bowery.—Af:ernoan—UNcr® secoTto— Kivi Bricave—Haxn BME Jack. BOWERY {UEATRE, Bowery.—Stiogser's Namionat | Cincus BARNUW'S, ANERICAN MUSEU! Norr—Living “Hivrorétanvs, Wau Savax ano Kavayani, aferdoona Broadway.—Com wR hours.— evening, ’ BRYANTS’ MINSTRELS, Mechanics’ Uall, 472 Broad. Way.—Caaw Koast Bawe. HOOLEY’S. MINSTRELS. Stuyvesant Institute, No. 65 Broadway.—Ersiorian Songs, Dances, &c. MELODEON CONCERT HALL, 539 Broadway.—Sonas, Dances, Buriusaues, &C.—CoNvict Lise ON BuAckWaL. =. CANTERBURY MUSIC HALL, 535 Broadway.—Sonas, Dancxs, BI LMSQUES, BOO FL INNIGAN AT PAE Back, GAIETIES CONCERT ROO: Room Exrentainmunts, BALLETS, 16 Broadway. —Drawixa ANTOMIMES, Fances, £0, AMERICAN MUSIC HALL, 444 Broadway.—Sonas, Bau- LETS, Pantomiues, &¢.—Kosent Macarne, CRYSTAL PALACE CONCERT HALL, No. 45 Bowery.— Bontasaues, Songs. Danons, 40 tro Cronase PARISIAN CABINET OF WONDE! Broadway.— Open daily from 10 A MUP ied NOVELTY MUSIC HALL, 616 Broadway.—Borzesau Sonos, Daxoxs, 40. ore COOPER INSTITUTE.—Afterno " —] - tow’s Exutertion OF THE Lavauine Gan kD ™ OO TRIPLE SHEET. New York, Saturday, March 8, 1862, THE SITUATION. The reports received yesterday from every part of the military line of the Potomac contain nothing of material interest. No news of importance comes from the division of General Banks. The reconstruction of the Bal. timore and Ohio Railroad bridge is progressing tapidly. The rebel pickets between Bunker Hilj and Winchester show themselves occasionally to our lines, but no engagement has taken place. A brisk cannonading took place on the Lower Potomac at four o'clock yesterday morning, when the Freeborn, Satellite, Island Belle and the Reso- lute opened fire on the line of batteries extending from opposite Liverpool Point to Boyd's Hole, including three at Aquia Creck. The rebels returned the fire, but without striking any of our vessels. Proceeding up to Wade's Bay in the afternoon, in which direction heavy firing had been heard during the day, the Island Belle and the Satellite again opened fire on the railroad depot and some trains of cars filled With rebel troops that were constantly arriving from Fredericksburg. The depot was riddled by the shot and shell. The enemy returned the fire from a battery on the water line and another on a hill a little back. Their shots fell thickly around the vessels, but not one of them took effect. The troopa at Aquia Creek were constantly receiving beinforcements. The batteries at Cockpit Point and Shipping Point opened fire on Professor Lowe's palloon, when in the air near Budd's Ferry, but the palloon was not hit on either side. Governor Andrew Johnson, with his staff, accom- panied by Messrs, Etheridge and Maynard, left Washington yesterday evening for Nashville, to enter upon their charge of the new government of Tennessee. ¥rom Fortress Monroe we hear of an accident which occurred to the steamship Mississippi, on her way to Ship Isiand, with General Butler and his staff, and a number of troops on board, at Fry- ing Pan Shoals; but although she was injured by going ashore on a dangerous point,she was not disabled, and was towed off by the steamer Mount Vernon on the afternoon of Friday last, and pro- ceeded to Port Royal. We present our readers to-day with a large and fall map of the Mississippi Valley and the sur- rounding country. The military and naval opera- tions which have been and are taking place, and others shortly to be developed, will render the map very valuable for reference. Every important place has been carefully located according to scale, and our readers, by comparing the map with the de- spatches received, can be able to follow the pro- gress of our armies with some degree of accuracy. The news which we publish from the Southern Papers to-day will be found very interesting. The whole tone of the rebel journals, apart from the occasional attempt at braggadocio—which is wery feeble—indicates a most uncomfortable (eeling, a nervous anxiety lest the soldiers whose term of service is just now expiring will not re-en- list, and in ill-concealed fear of the desperation of the causo of rebellion. In the articles from the leading newspapers, the orders of military leaders, and the discussions in the rebel Congress, the same general conviction of approaching disaster can be detected. Our latest news from Tensessee, received from Cairo last night, is embodied in a despatch from Lieutenant Gwin, of the gunboat Tyler, who made a landing at Pittsburg under a flag of truce. He says that the cry of the people is to ‘send us arms and sufficient forces to protect us in organizing ourselves, and we will drive the rebels out of Tennessee ourselves.” The utmost joy was exhibited at Nashville on the Stars and Stripes being displayed there, and the familiar tunes of ‘Hail Columbia,” and,““Yankee Doodle,” playea by our bauds, were welcomed with enthusiasm, The reconstruction of trade between Nashville and the North was rapidly being availed of by the people. With regard to the disposition of the rebel forces, we learm that at Corinth, Miss., eighteen miles from the Tennessee river, they have fifteen hundred to two thousand troops. At Henderson Station, a mile from the Ten- hessee river, there were from one thou- Sand to two thousand rebols. At Bear creek, seven miles hack of Eastport, Miss., there wore from ight hundred to one thonsand. and it was reported that the rebels were fortifying Chicahawa, + The cosult of the recent election in Hardin and McNairy counties shows the strength of the Union NEW YORK HERALD, SATURDAY, MARCH 8, 1862._TRIPLE SHEET. sentiment in Southern Tennessee. The former Gave 500 out of 1,000 votes for the Union candi” date, and the latter 200 majority out of 1,800 votes: All this looks cheerful for the redemption of Ten- nessee, The details of the European news by the Canada reached us yesterday. We publish to-day a full report of the speech delivered by Earl Russell, in the English House of Lords, in justification of the suspension of the habeas corpus in times of na- danger from rebellion, as well as of the arrest of British subjects if found in We also give reports of the speeches of The O’Donoghue, Mr, Layard, the Solicitor General of England, and Lord Palmerston—in the Commons on the hlock- ade question, the law of neutral private trade in contraband.of war with belligerents, and-the Joint occupation ofthe stand of San Juan by the troops of England and tite United States. iy Nighly interesting matter relative to the invagion of Mexico will also be found in our columns to-day. CONGRESS. In the Senate yesterday the President's Message on the subject of emancipating slaves was read and referred to the Judiciary -Committee. Me- morials asking immediate action on the subject of the transmission of the California mails via Pa- nama, and compensation for the loss of the steamer Governor, were presented. The bill to provide for the occupation and cultivation of cotton lands was, after a brief discussion, passed by a vote of 26 to 14. The Senate then went into executive session, In the House of Representatives, the Secretary of War was directed to communicate all the facts regarding the number, age, condition, amount of service performed, and the pay, cost of main- tenance, &c., of the Africans at Fortress Monroe. A bill was introduced granting bounty and pen- sions to pilots, engineers, seamen and crews of gunboats. The bill authorizing the Secretary of tional communication with traitots, the Treasury to purchase coin and for other pur- poses, was passed, without amendment. In Com- mittee of the Whole, Mr. Blair, of Missouri, criti- cised General Fremont's military campaign in the West, and Mr. Colfax delivered a long specch warmly defending the General's conduct. MISCELLANEOUS NEWS. In the State Senate yesterday the bill to pro- hibit the sale of adulterated and swill milk, and that appropriating $10,000 annually out of the General School Fund to the support of the People’s College, were passed. A resolution was adopted réquiring the New York Excise Commissioners to report in twenty days the number of licenses they have granted, the amount of money received, their disbursements, &c. A bill was introduced to in- corporate the Loaners’ Association of New York; also a general bill for the construction of railroads in this city. A favorable report was made on the bill to prohibit trade on Sundays. In the As- sembJy a large amount of business was despatched. Several bills were passed, and over fifty were re- ported upon to the House from committees. Among the former were those for the payment of volunteers remaining in the State on the Ist inst., and to exempt the Vassar Female “College property from taxation. Among those receiving favorable reports were the Senate bill to ‘prohibit the concert saloons, and that to extend the time for completing the Erie Railroad. A New York County Tax bill was re- ported and referred to the first Committee of the Whole. A bill was also reported to enable the county to borrow money in anticipation of the tax. A substitute for the Senate Fire Commis- sioners bill was also reported. Bills were noticed for a charter commission for this city, for the opening and grading of 155th street, for the erec- tion of a Gubernatorial mansion, to abolish the offices of Commissioners of Taxes and Assess- ments, and for numerous other purposes. The Senate bill to make Washington's Birthday a holi- day was introduced; also bills to regulate Quaran- tine, for military education in the common schools, and to legalize our city primary elections. A con- current resolution endorsing President Lincoln's late special Message was offered; also one looking to a sufficient enlargement of the Champlain ca- nal to permit the passage of gunboats. Tn our columns will be found an interesting com- munication from Col. Hamilton, in support of the proposed national currency, whose independent manner of treating that important subject is ex- tremely satisfactory and worthy of the most care- ful and serious consideration. The term of Hon. Reverdy Johnson, who has just Leen chosen United States Senator by the Legisla- ture of Maryland, will not expire until 1869. On the 4th of March next he will take the place of Hon. Anthony Kennedy. The railroads in New Hampshire, Vermont, Maine, and part of Massachusetts, were badly obstructed last week by snow drifts. The snow in those States is six feet deep on the level. Farcre or THE Arremprep Aportrios Mret- ING.—The meeting of traitorous abolitionists, advertised to be held at the Cooper Institute on Thursday evening, was the greatest fiasco ever seen in this city. The call for the meeting was as follows:— THE CALL. All citizens of New York who rejoice in the downfall of treason, and are in favor of sustaining the national government in the most energetic exercise of all the rights and powers of war, in the prosecution of its pur- pose to destroy the causé of such treason and torecover the Territories heretofore occupied by certain States re- Foon | overturned and wholly subverted, as members of the Union, by @ hostile and traitorous power calling itself “The Confederate States; and all who concur in the conviction that said traitorous power, in- stead of achieving the destruction of the nation, has thereby only destroyed slavery, and that it is now the sacred duty of the national government, as the only means of securing permanent peace, national unity and well being, to provide against its restoration, and to e3- tablish in said Territories democratic institutions, found - ed on the principles of tho great Declaration, ** ‘That all men are created equal, endowed by their Creator with the inalienable rights of lif, liberty and the pursuit of happiness,’ are reqnested to m at the Cooper Insti- tote, on the 6th day of March, at eight o’clock P. M., to to the President and Congress their views as to the measures proper to be adopted in the existing exi- gencies. Horace Grecley, Wm. Cuilen Bryant, George ; Geo. B. Cheever, D.'D., Hi. A. Hart, # D., James Wiggins Eraatus D. Culver, Dexter Fairbank, William Goodell, William Cartis Noyes. From this call, and from the well known sentiments of its signers, the people very justly concluded that the object of the meeting was to assist rebellion by traitorously embarrassing the government; and so the people let it se- verely alone. Poor Greeley, of the Tribune, and the poet Bryant, of the Post, were afraid of having to pay the hall rent, and rather ex- pected to be sent to Fort Lafayette if they at- tended, and so they withdrew their names and pumped cold water on the affair. There was but one speaker, aud he is a republican aboli- tion German. Just at the close of the meeting President Lincoln's conservative message came in and knocked the whole proceedings in the head. Abolitionism is a dead failure in New York and throughout the country, and it was buried at the Cooper Institute. Now we call upon the loyal, conservative citizens of this metropolis to hold a public meeting next week to endorse the conservative policy of President Lincoln. The abolitionists have demonstrated their weakness; now let us show our strength. Let a Union meeting be hold as a striking contrast to this abolition fiasco, and let it be as largo, or larger, than the great Union meeting last year. Solution and Settlement of the Slavery Question by President Lincoln. The important proposition upon the slavery question submitted by Presideu. Lincoln in his late special Message to Congress is so simple, so just, so profound and comprehensive that we may pronounce it as reaching the final solu- tion and settlement of the most perplexing difficulty in our political system. Through all the violent sectional agitations of our Southern system of slavery, extending through a period of forty years, and culminat- ing in this Southern rebellion, no scheme of adjustment has been advanced by any of our greatest statesmen so well caldiflated ‘to mect .the requirements of our supreme organic law and the necessigies of the cas@ as this simple proposition” of Mr. Lincoln. | Submitted, too, ad ‘ibis, in the face of'a new abolition agitation, urg- ing the provocations of the rebellion as a warrant for the absolute extirpation of Southern slavery by fire and sword, this seasonable counter propo- sition from the President is, of all things, the best calculated to meet the dangers and the exigencies of our present situation. Looking at the subject in all its multifarious aspects— political, financial, social, moral and religious— in connection with this broken and falling re- bellion, the country has reason to be thankful for this great scheme of peace, reunion and harmony. In recommending to Congress the adoption of a resolution announcing the readiness of.the general government to co-operate with any State concerned “which may adopta gradual abolishment of slavery,” in pecuniary aid to such State, to be used in its discretion, and in compensation for the “inconveniences, public and private, produced by such change of system,” Mr. Lincoln reaffirms the institu- tion of slavery as a local matter abso- lutely under State control, and pointedly re- bukes all such violent and lawless schemes of emancipation and confiscation as those of Sena- tor Sumner, Mr. Ashley, of Ohio, and their radi- cal abolition associates. With this rebellion tightly within his grasp, Mr. Lincoln proclaims to the revolted States that, in returning to the Union, their constitutional rights, as they were, will be retained, and that each State concerned will be left perfectly free to choose between the retention and the gradual abolition of slavery. This official declaration of itself can- not fail to exert a wholesome influence in favor of peace throughout the South; and, if seconded by Congress, it will leave tho intractable man- agers of this rebellion without a pretext of jus- tification among honest men at home and abroad. It becomes, then, the first duty of the two houses of Congress to adopt the resolution suggested by the President; and then, in order to give practical force to the policy thus proclaimed, it will become their duty to provide the ways and means for giving the financial aid promised to any State undertaking the gradual abolition of slavery. To this end a sinking fund of five hundred millions would be a judicious financial basis, and a new schedule of tax bills should be devised for thé purpose of raising the money. Two hundred and fifty millions would suffice, if our estimates of emancipation are to be limited to the border slave States of Dela- ware, Maryland, Virginia, Kentucky and Mils- souri. Putting their aggregate slave popula- tion at nine hundred thousand souls, and the government contribution for their emancipa- tion at three hundred dollars per head, the re- served fund last named would suffice, taking into consideration the delays incident to the voluntary action of the several States con- cerned. Five hundred millions, however, will probably be needed if we intend to include in this work of freedom the States of North Caro- lina, Tennessee, Arkansas and.Texas. Beyond these, we presume, Mr. Lincoln has no idea, in any event, of any voluntary steps towards emancipation. We have put the subscription of the govern- ment in this enterprise at three hundred dollars for every slave emancipated under this pro- posed system, because it is the sum indicated in the notice of a bill which Mr. Senator Wil- son intends to try in reference to Dela- ware and Maryland, and because, from this notice, we presume, Mr. Senator Wilson has had some knowledge, in advance, of the views of the President upon the subject. And why should Congress or the American people hesitate, as acommencement, at additional taxes of say two hundred and fifty millions to relieve Delaware, Maryland, Virginia, Kentucky and Missouri of an institution which has become a burden to them, but of which they cannot re- lieve themselves without ruinous loses and the risks of serious mischief. England » expended a hundred millions for emancipation in Jamaica, out of pure and compulsory philanthropy. But, in regard to our border slave States, they and allthe North would be immensely benefited from President Lincoln’s scheme of voluntary emancipation. We hope that the conservatives of Congress will press this constitutional proposition of the President upon the abolition radicals of the two houses. They believe in abolition phi- lanthropy. Let us see how much they are willing to pay for it. In conclusion, we earnestly appeal to our conservative fellow citizens of this commercial metropolis, of all parties and all classes, to consult together and call a grand mass meeting in support of Presi- dent Lincoln’s simple, sagacious, just and con- atitutional settlement of this hitherto dificult and embarrasing problem of Southern slavery. President Linvoln adheres infletibly to the constitutional rights of the States, Let New York sustain him in 2 great popular demonstra- | Effect of the President's Emancipation tion, and its good effects will not be lost upon Congress. Fremont’s Manifesto—An Attempt to Break Up the Cabinet. We publish in another column this morn- ing a portion of the private and confidential correspondence which Major General Fremont appended to his so-called “ Defence,” published in Tuesday's Tribune. It is contrary to all military etiquette and a violation of the rules of the army for General Fremont_to publish such a paper as his “Defence” before his case had been investigated and a verdict rendered by the proper authorities, or at least a report made by the Committee on the Conduct of the War. ‘The mere fact that the paper is ad- dressed to the chairman of the committee is no.excuse whatever for its publication, and we are at a loss to a6é how the Tribune or General Fremont, can. reasonably justify so extraor- dinary and unprecedented a departure from the strict regutAations of Congress and the army. Of the defence itself we have but avery few words to say. It does not present any new fea- tures of the caso, does not allude tothe con- .tract jobs exposed by General Meigs and the Hon. Mr. Van Wyck, and contains nothing to alter the popular ‘and correct opinion in regard to General Fremont’s inefficiency, Indeed, instead of a defence, this docu- ment should rather be called a con- fession and apology; for by Gen. Fremont’s own admissions, and by the documents which accompany his letter, he is amply convicted of the charge of ‘inefficiency made against him. Throughout the entire paper, however, and serving as a string upon which are’hung all the accompanying telegrams, letters and des- patches, there is an obvious purpose to insinu- ate that upon the authorities at Washington, and not upon Gen. Fremont, rests the fault of his confessed failure. Thus, instead of a de- fence of his own acts, General Fremont has really written an attack upon the acts of the administration, and he therefore gives us the best possible proof that his ideas and those of the government are so inconsistent and incom- patible that either he or the government must of necessity be deprived of power. The re- moval of Gen. Fremont is consequently jus- tified by his own arguments; unless, indeed, he and his abolition friond8 suppose that it was President Lincoln’s duty to adopt Fremont’s ideas or resign. Following up the line of argument most relished by the abolitionists, and un- consciously committing moral suicide all the while, General Fremont publishes, among other documents, the private correspondence between the President and himself in regard to his ebolition proclamation, and a confidential letter from Postmaster General Blair. As this letter of Mr. Blair’s has no bearing whatever upon General Fremont’s defence, and tregts entirely of other matters, there is no possible motive for its publication, except as an addenda to the proclamation correspondence; for, in effect, it tells the President that one of the members of his own Cabinet differs with him in opinion. Its aim, like that of this whole pub- lication, is to create trouble between the Presi- dent and his advisers, and break up the Cabinet. For this there is a double motive: First, the gratification of the abolition hostility to the President; and, secondly, Fremont’s personal difficulty with the members of the Blair family, who secured him his appointment, and sup- ported him zealously until they found him in- efficient. By the publication of this private letter Mr. Blair is put in the ridiculous position of a dissatisfied and envious grumbler, who does not believe in Secretary Chase’s “style of managing the Treasury;” who thinks he deserves all the credit for everything, and has to exert himself very laboriously “to get any- thing done;” who finds fault with the President and his “feeble policy,” and who intimates that everybody is coming over to his ideas at last, but that everybody is ashamed to own it, or has been scared out of owning it by his “ex- posing men’s mistakes beforehand, and taunt- ing them with them afterwards.” This is by no means pleasant for Mr. Blair, nor for the Presi- dent and his other advisers, and may, very probably, lead to troubles in the Cabinct.: It is obvious that to cause this trouble was the intention of General Fremont’s “Defence.” Its premature, unauthorized and unofficial pub- lication, in a journal notoriously hostile to the President and the administration, could have no other object. Its line of argument and ar- ray of documents, which are not so much de- signed to excuse General Fremont. as to im- peach the administration, point to the same idea, Its extraordinary revelations of private and confidential letters, unnecessary and ir- relevant to any legitimate defence, unmistaka- bly demonstrate this intention. For similar unmilitary and irregular conduct General Fremont was cashierefl in California, and he ought now to be immediately dis- missed from the service, as a punishment for his breach of military etiquette and his insolent hostility to his superior officer, the President, and for the information he endeavors to convey to the enemy, by the premature publication of so many private, military and official letters and despatches. When an officer of the army so notoriously lends himself to aid the aboli- tion attempts to break up the government, and thus assist the rebels, an example should be made of him—as in the case of General Stone— without delay or ceremony. Gen. Fremont’s letter, in words and‘ spirit, seems to have no other possible design, and has left him no true friend to regret the disgraceful fate he go richly merits, and has been at such pains to bring upon himself. Cumsines In Sete Derence.—Confiding Cum mings, the founder and part proprietor of the World, anxious to keep his name before the public, sent in his defence to Congress on Thursday; and a very curious affair itis. He shifts the ,responsibility of the $140,000 affair upon Mr. Blatchford, who is said to have the vouchers for the expenditures. The public would like to see them. Cummings says that his army ale was used for medical pur- poses, but does not account for his invest- ments in army porter, army butter, army cheese and army herrings. Were they used for “ medical purposes” also? Neither does Cum- mings tell us how he came to pick up his con- fidential cleyk and authorize him, unknown and unrecommended as he was, to expend money in straw hats and linen trowsers for the army, Nor does Cummings explain why he purchased hard bread of an Albany hardware firm, In short, Cummings must take the public to be as confiding a8 himself if he thinks his defence amounts to much. It only makes bad worse, a la Fremgat. Message Abroad. The heaviest blow which the rebellion has as yet received is that inflicted upon it by the recent Message of the President. Any lingering hopes of recognition that may have remained to its foreign partisans after the cruel disappointment of the Trent set- tlement will be dispelled by the receipt of this document. It goes out to Europe to-day, and will create a profound sensation, not only among all who sympathize with the cause of the Union, but among those who, for their base and selfish purposes, have industriously represented the North as being influenced in the present struggle merely by the lust of em- pire. Although the slavery question was not, as is pretended, the issue which provoked the rebel- |, kion,. it has undoubtedly embarrassed very much the efforts of the government to put the latter down. Between the obligations of the constitution, the protection that we owed to loyal slaveowners, and the harassing warfare kept up against the administration by the abolition- ists, it seemed impossible for the President and his advisers to steer any course that could give general satisfaction. The more successful their efforts in restoring the authority of the gov- ernment over Southern territory, the more perplexing and difficult became their position. Differences of views in the Cabinet, and con- flicts of practice in the treatment of contra- bands in the camp, rendered their situation as embarrassing a one as could well be conceived. But where was the solution to be found for an enigma .which had defied the ingenuity of all those who were anxiously seeking for some means of reconciling the rights of the South with the prejudices of the North, and of thus defeating the schemes of the abolitionists, who, for their own fanatical purposes, are straining every nerve to defeat the restoration of the Union. To the clear, logical and statesmanlike mind of the President the country is indebted for the suggestion of the only measure that could meet all the phases of the difficulty. By proposing -the financial co-operation of the federal government with any State which may be disposed to adopt a gradual abolition of slavery, he at once acknowledges the right of the States and of slaveowners to deal with the institution and their individual property as they think fit, and proposes to them a means by which, without injury to their own interests, they can make such concessions to Northern feeling and the sentiment of the world gene- rally as will remove any further cause of dis- sension (at least from this cause) between these two great sections of the country. Of the effect of this proposition in England there can be no second opinion. It is in entire harmony with English views, which, strongly repugnant as they are to the institution of slavery, have yet a still stronger respect for the rights of property. It disposes effectually and forever of the political question, without in any way invading those rights. Of course the “amount of compensation which emancipation in this form will involve will startle many. But it should be recollected that the slave States will only slowly fall into the arrangement, and that it may take fifty years, nay, even a century, before the whole of the indemnity which the United States is to furnish will have to be paid. Its probable effect for the present will be to remove from Virginia, Kentucky and Tennessee an institution in regard to the ad- vantages of which their populations are very much divided, and to confine it entirely to the cotton States. Thus by this single measure the rights of the latter are guaranteed, the loyalty of the border States is secured, and abolition- ism receives a death blow. The English mind will not be slow to appre- ciate these facts. It will see in them a more certain promise for the restoration of the Union than any which the victories of our armies have hitherto furnished. In a great civil war like the present, skilful military strategy is, compara- tively speaking, of but little value, unless fortified by able statesmanship. Whatever may have been our shortcomings in these respects in the beginning, foreigners will not now, we think, hesitate to acknowledge that we are in the right track to the accomplishment of our objects. What to Do with the Slaves when Emancipated. It will be observed that the policy proposed by the President in his Message to Congress is essentially different from any proposition ever made by the abolitionists. They laughed to scorn the idea of the nation purchasing the freedom of the slaves from their owners, inas- much as it was the right of the negroes to be free, all laws and constitutions to the contrary notwithstanding. Their policy was a sudden and compulsory emancipation. Mr. Lincoln's is a gradual and voluntary emancipation, which clearly recognizes the sovereignty of the States over their own domestic institutions,and merely offers them assistance to carry out emancipa- tion if they should deem it desirable. The policy of the abolitionists would be de- structive: that of the President is benign. It looks only to the border slave States; for they alone would be willing to accept the proposi- tion. In the cotton States the slave institution is regarded as entirely superior to that of free labor. In the border States there is a difference of opinion on the subject; for the climate, unlike the extreme South, is favorable to the labor of the white man; and wherever that is the case slavery necessarily dies out, be- cause it will no longer pay. It was for that reason alone that all the North- ern States got rid of it; and were it not for the fanaticism of the abolitionists creating a spirit of antagonism in the slave States, there would not be a slave in Maryland, Missouri, Virginia or Kentucky to-day. In those States free labor pays better than slave labor, and when the war is ended it is extremely probable that those States will deliberately abolish slavery and ac- cept the aid proposed in Mr. Lincoln's Message, Now the question is, What is to be done with the slaves when emancipated? It would not do to let them work or not, as they may think proper. If they were as willing to work as the white man there would be no slavery now in any Southern State. The proposed change would involve the necessity of tramsferring from the master to the State the superintend- ence of negro labor, and vagrant laws should be passed compelling negroes to work—laws which exist in many parts of Europe in refe- rence to the white population, but infinitely more necessary for blacks, whose idea of para- dise is to have nothing to do. The wages should be regulated by law, and be sufficient not only to procure food and clothing, but to enable the negro to lay up something for sickness and old age. On the whole, the negro would be worse off under this system than in servitude; but if the interests of the white men of the border slave States demand it the interests of the negro must be made subordinate, and the sys- tem which now gives him protection by law, and a provision for life, must be abolished. But of their own interests in the matter the citizens of the slave States alone are the proper judges, and the people of the free States have nothing whatever to do with the question, Progress or Taz Movement ror Tae Re- NOMINATION OF Presipenr Lincoun.—We inti- mated, a short time ago, that the wisdom, good sense and statesmanship displayed by President Lincoln had won the hearts of all the loyal people of the country, and that his renomination would probably be unanimous and his re-election a foregone conclusion. In a leading article yesterday the Tribune thua adopts our idea:— : Sa: We believe our neighbor of the Heratp lately suggested the re-election of Abraham Lincoln as President of the United States. We heartily second the motion. Mr. Counsellor Brady, likewise, at_a recent Tammany festi- val, predicted that Mr. Lincoln’ would prove himself « ee democrat before the expiration of his present term. ‘e congratulate the Counsellor on the speedy fulfilmené of his prophecy. The world doce move. We hardly hoped that this movement for a renomination would make such rapid progress, and we are all the more gratified to find our expectations so agreeably disappointed. We have no doubt that President Lincoln, at the expiration of his present term of office, will be again chosen by unanimous consent, as were Washington and Jackson. The rebellioa crushed out, the supremacy of the constitution vindicated, the country again united and peace- ful, who could be better qualified and more appropriately elected as our Chief Magistrate than the man whose calm wisdom, clear sa- gacity and honest performance of his duties have done so much to achieve such great triumphs? Lievrenant GeneraL Toomps.—There is a rumor that the rebel Congress have created ex-Senator Toombs Lieutenant General or General Commanding, being the same position in the Confederate army as General McClellan holds in the Union arniy. The idea is to in- “ augurate under his auspices the new aggressive . policy, and to invade New York and the New England States. If this rumor prove true we have no doubt that Toombs will soon have the opportunity of calling his slave roll, as he once predicted, under the shadow of Bunker Hill Monument, just previous to his occupation ofacellin Fort Warren. He may there call his slaves, like spirits from the vasty deep; but the question {s, will they come? Tae Tax For Emanciration.—We call upon Messrs. Sumner, Stevens and the other radicala in Congress to immediately increase the taxes levied by their bill, so as to provide a sinking fund of $500,000,000 (five hundred millions of dollars) to pay the first instalment of the government remuneration for the emancipation of the slaves of the border States, as recom: mended by President Lincoln. NEWS FROM ARKANSAS. Rebel Accounts of Affairs—General Bragg Ordered to Arkansas, &c. St. Lovis, Mo., March 7, 1862. The following is taken from a latecopy of the Vas Buren (Ark.) Express :— Alettor has boem received at Van Buron from Rich- mond, stating the probability that Genoral Bragg, now commanding at Pensacola, will be appointed to the com- mand of the Arkansas Department, 7 Colone! Sims’ Texan regiment, which has been acting with Cooper's command in the Indian country, had ar- rived at Fort Smith. Au artillery company was organizing at Little Rock. ‘The Commandant at Fort Smith advertises for twelve gupsmitns, and also offers to buy good arms. Genoral Price is getting along poorly in raising @ brigade of infantry, for which he called upon Wostera Arkansas. Recruiting officers say that a draft is inovitas ble. NEWS FROM FORTRESS MONROE. Disaster to the Steamship Mississippi— The Capture of the Schooner British Bees Ses erasiila Mowror, March 6, 1862. By the steamer Mount Vernon, which arrived here yes- terday afternoon, we hear of a serious disaster to the steamship Mississippi, chartered by the government to carry troops to Ship Island, which sailed hence with Genera! Benj. Butler and staff on board a few days since. On Friday morning last the Mississippi ran into Frying Pan Shoals, staving a large hole in her bows. She was hauled off in the afternoon by the Mount Vernon‘and pro- ceeded on Saturday afternoon. ‘The Mississippi was provided with water-tight com. partments, and she would probably reach Port Royal ia safety, where her troops can be disembarked and her damage repaired. . ‘The captain of the vessel, named Fulton, is suspected of intentionally running her ashore. She was placed in chargo of one of the oficors of the Mount Vernon, who will take her to her destination. : ‘Tho Mount Vernon left Wilmington on Monday last The Fernandina was still there, and the sloop-of-war Jamestown was blockading New Inlet. ‘Tho State of Georgia,Gemsbok and Albatross wero at Beaufort. ‘The Mount Vernon has not received a mail for forty days. ‘The Mount Vernon took a prizo on Friday last, the British schooner British Queen, which was attempting to run the blockade. Sho was sent with a prize crew to Philadelphia. The crow of the captured schooner were brought hero by the Mount Vernon, ‘The Constitution sailed to-day. ‘The Suwanee arrived this morning, and is expected to leave for Hatteras to-night. A magnificent set of colors, consisting of an American fing and blue flag with tho arms of the city of New York, was presented to the Tenth regiment New York Volun- teers this afternoon by Genoral Wool. They wore pre- sented by tho city of New York. Appropriate speeches were made by General Wool and Colonel Bendix, and the whole affair passed off with complete succoss. ‘The stoamboat Flora arrived from New York thismorn- ing. She carries the revenue flag. A fing of truce which was sent out yesterday afternoon did not have any communication with the enomy. Arrival of General Lander’s Remains at Boston. Bostow, March 7, 1862. ‘Tho remains of General Landor arrived hero at abou, six P.M. The Second battalion acted as oscort through the city to the Eastern Railroad, where a special train was in waiting to convey the remains to Salem. Tho funeral will take place at Salem to-morrow. Safety of the Ship-of-the-Line Vermont. Bostox, March 7, 1962. ‘The schooner Boston Light arrived at Gloucoster this aftornoon, and reports:~At three P.M. saw a largesbip in tow of a steamer twenty miles routhoast from Cape Aun, bound to Boston. This is probably the ship-of-the-line Vermont. The Navy. fusiness continues. very brisk at the Navy Yard, Brooklyn. Rapid progress is being made on the sloop-of- war Adirondack, which is lying under the shears, ‘The Octorara has hauled up to the wharf for her supply of stores. Sho will sall, probably, on Monday uext, The steamers Madgic, Warmsutta, Patroom aud Victoria are Cao coal, shot and shell. ‘The boribproot battory Monitor sailed on Thuteday morning, in company with the eteamtug Lithlow. ‘A largo number of vorécls, chiefly sailing, have Jately been chartered by the government oo want wl have Lg to cage BA sonting nothing but coppers. peop! tbat the forry Sompe rial not be permitted to handle. much silver or gold, ‘ag the order against bank bills Gongiauey tg be enforced, Bring along your panaies,