The New York Herald Newspaper, June 12, 1862, Page 6

6 NEW YORK HERALD, THURSDAY, JUNE 12, 1862—TRIPLE SHEET. NEW YORK HERALD. JAMES GORDON BENNETT, aoa one PROPRIETOR. OFFICEN. W. CORNER oF: FULTON auD NASSAU STS, TERMS cash in advance. sent Dy “mail will De at, the re fa the sence None but Bop rn current in New York Orme DAUY HERALD, jeremy « copy. $7 per annem, Volume xxv. AMUSEMENTS bimanal EVENING, ACADEMY OF MUSIC, Irving | Place.—Itatian Opera.— Mantua. NIBLO’S GARDEN, Broadway.—Tas Srna, WALLACK’S THEATRE, S44 Broadway.—Haxpy AxpY— Lapy oF Lyons. LAURA KEENE’S THEATRE, Broadway.—Fancuon, og Tue CRicKEr, Fa GARDEN, Broadway.—Tux Wisanp’s Tex- NEW ong o THEATRE, Bowery.—Sixteen Sraing Jack—Loia MontEs. BOWERY THEATRE, Bowery.—Vaisa—Tae FRuow’s Daxsa—Hurwit or Orraw. BARNUM’S AMERICAN 'SEUM, Broadway.—Basy Suow—Com. Notr—Living Wua.e, Ac., at all hours.— Mangixp Raxx—Your Lire’s ix Danae. BRYANTS’ MINSTRELS’ Mechanics’ Hall, 472 Broad- way.—Biace Wizaup's Teurzst. AMERICAN MUSIC HALL, No. 444 Broadway.—Soxas, Buuiesauxs, Dances, ac. NEW NATIONAL Tas Canal street —Sonas, Dances, Buaiesgues, Sa CONCERT HALL, 616 Broadway.—Daawine Room Extsrtainwents, PEOPLE'S MUSIC HALL, 45 Bowery.—Sonas, Dances, Bogixsqurs, tc. PARISIAN CABINET OF WONDERS, 563 Broadway.— Opew datiy from 10 A. M. till 10 P.M. ATHEN #UM, Rrooklyn.—Hoouer’s Minstrets 1x Eraio- TRIPLE SHEET. New York, Thursday, June 12, 18 6a, THE SITUATION. There is nothing new from Gen. McClellan’s army to-day. The weather continues most unfavorable for military operations; the Chickahominy has not yet commenced to recede, and the roads are in a terri- ble condition. We give to-day a detailed and most interesting account of the recent battle at Fair Oaks, in front of Richmond. Despatches received at the War Department yeaterday say that Jackson’s army attacked Gen. Shields’ advance on Monday morning, near Port Republic. The conflict is said to have been main_ tained for four hours by about two thousand of our men against the main body of General Jack- son’s army. The enemy's force became so. overwhelming in numbers that our advance was compelled to fall back, which it did in good order, until it met the main body of Gen. Shields’ command, near Conrad’s store. As soon as this was effected the enemy in turn retired. A private letter states that General Shields had pre- viously succeeded in destroying s large quantity of supplies belonging to the rebels found at Milford and at Conrad’s store. The Potomac river, near Harper's Ferry, and the Shenandoah are so high that it is almost impossi- ble for General Banks to make any movements with his army. A private despatch received from Cairo yester- day states that General Mitchel has won another brilliant victory at Chattanooga, Tenn., completely routing the rebels after a fight of two days du- ration. Our detailed history of the occupation of Mem- phis and Fort Wright, with the accompanying maps, which we give in another column, will be found exceedingly interesting. Rumors were rife in Louisville that the rebel General, Kirby Smith, is marching from Knoxville across the mountains to Nashville, which is now in possession of our forces. A portion of the rebel troops at Corinth are reported to have been sent to reinforce Smith. Nashville would thus seem to be in danger. By the Africa at Halifax we learn that the British House of Commons will, on the motion of Mr. Lindsay, discuss the question of “the relations of England with the federal and also the Confede- rate States of America” on the 27th of June. The London Times again indulges in a hypo- critical moan over the Union expenditure required to carry on the war against the rebels. Both the London Post and London Tee ceived much comfort from their knowledge of Gen- eral Hunter's proclamation abolishing slavery in his department. It is argued that thirty thonsand men in General Halleck’s army would lay down their arms in consequence of it; but the President “must finish the manifesto” and ‘‘enfranchise the slaves in the other Southern States.” From Paris we are told that the name of Cap- tain Bonaparte Patterson, of the imperial army, now serving in Mexico, was spoken of as likely to be more acceptable to the Mexicans, either asa King ot President, than an Austrian prince. The session of the Spanish Cortes was extended, in order to debate the Mexican question. It is said that General Prim will return to Europe, and General Serrano be appointed Spanish Ambassador to Mexico, Napoleon, it is said, had explained his policy in Mexico to the English and Spanish go- vernments, asserting that he will consider himself fully released from the terms of the tripartite treaty if they treat directly with Joares. It was rumored that Spain would solve the difficulty by diplomacy. CONGRESS. In the Senate yesterday, a resolution admitting Mesars, Cannon and Hooper, Senators elect from Deseret, to the floor of the Senate, was laid over, as was also a résolution declaring noli and void ail acts or ordinances of secession passed by any Legislature or convention, and that loyal citizens of veceded States are entitled to all the priviieges guaranteed and conferred by the conatitation of the United States, The bill relative to appointments in the Marine corps was passed. The Judiciary Com- mittee reported a bill to establish provisional governments in certain cases, The bill providing for the appointment of additional surgeons of yo- tunteers was passed. The bil! amending the Fngi- tive Slave law was postponed, and that for the construction of the Pacific Railroad was taken up. Mer. MeDongall explained its provisions, when it was postponed till to-day. The remainder of the vn was devoted to debate upon the bill to pay val Grant one thousand dollars due him by the government. Anexecutive session was held 60° a number of appointments confirmed, da tue House of Representatives, a resolution providing gold and silver medals for General An- derson and his officers and men, for their gallant defence of Fort Sumter, was referred to the Mili- tary Committee. Mr. Stevens, from the Commit- tee of Ways and Means, reported a bill author- izing the issue of $150,000,000 of Treasury notes, not bearing interest, of a denomina- tion not less*than five dollars. It was or- dered” to be printed. A bill appropriating $150,000 for the postal service was passed; also the bill to organize the boundaries of the Circuit Courts. Mr. Bingham, of Ohio, presented a preamble and resolution declaring that informa- tion has been received by the government that Hon. Benjamin Wood, a member of the House from New York city, has been engaged in communicat- ing, or attempting to communicate, important in- telligence to the rebels in arms against the govern- ment, and directing the Judiciary Committee to investigate the subject and report upon the facts. After some debate, during which Mr. Wood favored the adoption of the resolution, it was adopted. MISCELLANEOUS NEWS. The Africa, from Liverpool on the 31st of May, and Queenstown on the Ist of June, reached Ha- lifax early yesterday morning, on her voyage to Boston. Her news is two days later than that re- ceived by the North American. The British funds were firmer, and th market easier, on the 30th of May. market report for the week was rece North American off CapeRace. Flour in Liverpool on the 31st ultimo, at an adghney of sixpence a barrel. Provisions were hedgy and downward. The French army in Rome was to be reduced to asingle division. The conservative party in Eng- land were organizing all their strength, with the view of ousting Lord Palmerston from his office of Premier. Thousands of English dissenters from the Established Church had emigrated from Lon- don to New Zealand, to found a colony there. The Italian revolutionists had abated their pro- ceedings in Lombardy. The Turkish army had entered Montenegro and defeated the Montenegrin troops in battle. The coasts of the Northern and Baltic seas are to be defended by forts at the mouths of the principal rivers, and the German Confederation has decided to build eight iron- clad war vessels on the American plan. M. Ardoin, the Haytien Ambassador at Paris, has been commissioned by his government to de- fine and settle the boundaries between the repub- lic of Hayti and San Domingo. The Memphis Navy Yard is safe. According to ¢ National Intelligencer of yesterday, ‘‘ Com- mander Pennock (of Commander Davis’ fleet) telegraphs to the Navy Department that the buildings and machinery were found uninjured when our fources occupied the town.’’ Six steamboats were advertised at St. Louis, and one at Evansville, Ind., on the 9th inst., “ for Memphis and New Orleans.” The whole number of rebel prisoners taken to Camp Douglas, at Chicago, was 9,969. Of these 510 have been discharged, and 497 have diced, leaving still in confinement 8,962. An Arkansas regiment is being raised for the Union army, which is to be commanded by Col. La Rue Harrison. There are now at West Point 174 cadets, 28 of whom comprise the first class, 26 the second class, 32 the third class and 88 the fourth class. About 90 appointments have lately been made, but are not included in the above figures. The Hon. M. H. Foley, the new Postmaster Ge- neral of Canada, has been re-elected to Parlia- ment. An army meeting of the American Sunday School Union was held last evening in the Church of the Mediator (Rev. Mr. Tyng, Jr.), corner of Lexington avenue and Thirtieth street, for the purpose of taking into consideration the best means of furnishing our soldiers with reading mat- ter. attendance was very sparse. Rev. Mr. Tyng eXplained the object of the meeting, and introduced Rev. Mr. Burchard, Secretary of the American Sunday School Union, who entered into alengthy description of what had been done for the soldiers, ina religious sense, since the out- break of the rebellion. It had now been ascer- tained that large libraries were not required, but small tracts, which- would not be troublesome in carrying on the march, and the Union had some of those in course of preparation. They also pro- posed to furnish the soldiers with “Silent Com- forters,” and he asked the pecuniary aid of those present to carry out the work. They should also take into account the instructign of freed men, or, as they had been called, contrabands. Mr. Colyer had boxes full of books waiting for his return to the South, to educate the negroes. It was their purpose, as a society, to send out missionaries to the hospitals, and also to teach the contrabands. Rev. Dr. Hitchcock addressed the meeting, and asked them to contribute largely. He said that his attention was more directed to the education of the contrabands than anything else, and he was glad to learn that this came within the range of the programme. A collection was taken up at the conclusion of Dr. Hitchcock’s remarks, and the proceedings terminated. A special meeting of the Board of Education was held last evening. After a long discussion the subject of awarding the contract for heating Ward School No. 29, in the First ward, was finally set- tled. Messrs. Tuomey & Elder put in a bid to per- form the work for $2,950ewhich was accepted by a vote of twenty-seven in the affirmative to four in the negative. After transacting some routine busi- ness the Board adjourned. In the Court of General Sessions yesterday, Ro- bert Shannon was triei and convicted of stealing a valuable gold watch and chain from the dwelling house of George Barclay, No. 8 West Washington place, in April last. The prisoner was a respecta- ble looking man, and the larceny was perpetrated while he was putting patent gas burners in the house of Mr. Barclay. He was in company with another man, and while in one of the bedrooms a gold watch was stolen. The prisoner was recog- nized two weeks after, by one of the servants, who procured his arrest, in Chatham street. It was said that Shannon was a member of Dr. Cham- bers’ church in Philadelphia, The Recorder will sentence him on Saturday. John B. Williams, who was indicted for bigamy, was discharged on his own recognizance, on motion of the prosecut- ing officer, the reason assigned being that the evi- dence to establish his first marriage in England was not sufficient to warrant him in presenting the case to the jury. The Grand Jury in the United States Circuit Court were sworn in yesterday, before Judge Smalley. Those not in attendance were fined $25 each. The Judge charged the jury on the usual topics. All descriptions of crops are represented as he- ing very poor in Alabama, Very little cotton has been planted, the wheat has been ruined by rust, and the corn is anusnally backward. ‘The stock market opened dull and irregular yester- day, but closed firm, with an active demand for the leading fancies. Demand notes rose to 102%, on rumors ‘that Mr. Chase is about to call them in and issue * 3-10 notes in exchange for them Money was easy: call loans 844 per cont, Exchange inactive; bankers’ sterling 11514. Gold 104%. The export of produce for the week was $2,266,400. The government public sale of prize and confiscated cotton held yesterday drew alarge and spirited com* pany of bidders, and full prices were realized. The best of it brought 31c., which, considering its order, and the necessity of transportation from Brooklyn, and pay- ments in cash, was equal to 31 )50. for middling uplands, ‘The sale embraced 302 bales at 3ic., 96 do. at 800., 412 do, at 20c., 170 do. at 2%e., 17 do. at 260., and 15 damaged do, at 270, Included in tho sale wore 84 bales of small size, or less than half the weight of the usual bales. The aggregate value of the sale amounted to something over $140,000. Besides the public sale, about | 350 a 400 bates were sold to the regular trade at 3140. for middling uplands, with smell lot reported at Site. ‘The four market was firm and more ac- tive, with sales at Sc. per bbl advance for most descriptions. Wheat was actiyoand firmer, and closed for good shipping lots tlc. higher. Corn was active; but prices, though firm, were unchanged, with sales of new Western mixed at 460. a 51)sc., amd old do. at 530 @ 6330. Pork was in fair demand, but lower, with salesof mess at $11 a $11 124, and of prime at $9a $9 25. Sugars were steady, but not active, with sales of about 400 Lhds. and 182 boxes. Coflee was quiet and sales limited. A small lot of St. Domingo brought 19 4c. Freights were rather better. Wheat was taken to Liverpool at 8d. a 83d. in bulk and in bags, and corn do, at 734d. a 84, They were also firm to London, but without change of moment in rates, The Present Position of the Rebellion— The Expectations of the Country and the Duty of the Government. The stupendous Southern revolutionary en- terprise of Jeff. Davis and his confederates, des- perate from_the beginning, and depending from its very inception upon the shadowy contin- gencies of European intervention, has at length become utterly hopeless and impossible. The country now entertains the belief that a crown- victory awaits our Union volunteers at ichmond, and, with the men and the means at its command, it is the duty of the government to see to it that in this reasonable expectation our patriotic people are not disappointed. We now hold the entire line of the Mississipp; river, and the command of its tributaries be- tween Cairo and the Gulf of Mexico; and, hav- ing broken ap, demoralized and dispersed the great rebel armies of the West, we have regained the late disputed States of Missouri and Ken- tucky, and substantially the late rebellious States of Tennessee, Arkansas, Mississippi and Louisiana. Florida is also again in our pos- session, and with our occupation of Mobile—an event of which we may be officially informed at any moment—Alabama will be virtually restor- ed to the Union. The naval establishment of Jeff. Davis has been utterly destroyed with our oc- cupation of the sounds of North Carolina, Nor- folk, the inlets ofSouth Carolina and Georgia, Pensacola, New Orleans and Memphis. Noth- ing, in short, remains now of this great rebel- lion but its Army of the East, driven back upon Richmond, and there beleaguered by our Army of the Potomac under General McClellan. Our occupation of Richmond is simply a question of time; but as we have the men and the means, and as our loyal States and people expect this rebellion soon to be ended in a crushing blow, and that, too, by the cheap and humane process of an overwhelming force, the fault is with the government if that force is not now upon the ground. If the bulk of the one hundred thousand men embraced in the columns of Generals McDowell, Banks, Fre- mont and others, from the Rappahannock to the Shenandoah valley, cannot now be safely moved down to Richmond without filling their places with other regiments, let fifty thousand fresh troops be called for to protect the rear and the right flank of Washington, while those thoroughly trained soldiers now there are sent forward to General McClellan. We have the men in readiness, and they are anxious to assist in the finishing work of this war. Within ten days, by the course indi- cated, General McClellan may be strengthen- ed by the addition of fifty thousand experienced troops, which would enable him to bag the rebel army and its materials of war, and the principal chiefs of the rebel government in Richmond, an achievement which would unquestionably be followed at once by a general disarming of the subordinate rebel forces throughout tho South. Our loyal people, in the matter of a vigorous prosecution of this war, are still ahead of the government, as they have been from the beginning. Confident in their'good cause, their strength and their resources, they have drawn the government after them, and have sustained the Treasury and its credit with a degree of liberality, cheerfulness and faith unexampled in the history of any other people. The admi- nistration, therefore, may dismiss all misgiv- ings as to the expediency of calling out a body of fifty thousand fresh troops, three and six months men, at this stage of the war, for the purpose ofa decisive settlement at Richmond with Davis and his confederates. The regular annual elections of our Southern States are approaching. Let us finish their Southern confederacy, so that those States may be enabled to have their representatives again in Congress by December next. The London Times, and other English secession organs, driven to the admission that the armed forces of the rebellion will be put down, still contend that the Southern people will remain alienated and hostile to the Union. Bnt this idea be- tfays a shallow and ignorant conception of the case. Let Maryland answer. A little over a year ago our troops, destined for the protection of Washington, had literally to fight their way through that State, suddenly seized and con- trolled as it was by its secession elements. To- day there are some fifteen thousand Maryland volunteers in the armies of the Union; and toa Maryland regiment we are indebted for the late escape of the little army of General Banks from the overwhelming forces of the rebel General Jackson in the valley of Virginia. In every quarter of the South there are abundant signs of @ widely diffused Union sen- timent, awaiting only the hour when it will be perfectly safe to manifest itself. The reign of terror of a Confederate military despotism, the most cruel and remorseless of modern times, has certainly produced some wonderful effects upon our Southern people. They have been taught by ite pains and penalties to obey it with fear and trembling; but let their fears be removed by the capture or dispersion of the last remaining rebel army of any consequence in the field, and the “ sober second thought” of the people of the South will then be heard. After the dispersion of this last great rebel army there will soon be an end to Southern guerilla marauders, and the restoration of our revolted States and people to the Union will be as remarkable and surprising as was the wild excitement which carried them headlong into this insane rebellion. Meantime, let not McClellan be delayed for want of troops, when within ten days he may be reinforced to the extent of fifty thousand men, by sending forward the experienced soldiers in the rear of Washington, and by a new levy from the North to fill their places. Fremont Looming Up at Last. Fremont has done something at last. He has found his way out of the mountains, and, what is better still, he has whipped the renown- ed Stonewall Jackson in his retreat out of the valley of the Shenandoah, in which he held so brief and brilliant a carnival. Had the Path- finder entered the valley by the southern end, at Harrisonburg, {as he was ordered, instead of going the wrong way, he might have cap- tured the whole of the rebel chieftain’s force. But, though Jackson made good his retreat, he was considerably crippled in various ways: particularly by the loss of the famous Ashby, and Fremont deserves great credit for a fight and a victory at last. He has retrieved the disgrace brought upon our arms by the rout of Banks, and the discoverer of California looms up large once more for the Presidency, whilst the Massachusetts general has lost his chance through the aid of his friends from the same State. He is a little too conservative for them. Fremont is the man they delight to honor. After his unfortunate fiasco in Missouri, which induced the President, in obedience to the popu- lar will, to remove him from his command, the radicals put their heads together to devise the ways and means of retrieving for Fremont his lost ground in another field. By the same in- fluence which procured for him the second major generalship in the regular army, and such a wide latitude of action in the West, they had him appointed to another command— that of Rosecrans, in Western Virginia. He was sent to the mountains, and it was considered a beautiful stroke of satire on the part of the President to thus dispose of the Explorer of the Rocky Mountains. But, by the contrivance of his radical friends, a large number of men was subsequently placed at his disposal, and the division of Banks and the commands of other generals were deprived of troops intend- ed for them in order to swell his force. Every- body wondered what he wanted with so many men in the mountains, where the enemy had few or no troops. But the mystery is now ex- plained. The radicals prepared the rout of Banks by causing him to be stripped of the command of Shields, in order to have it sent to McDowell. It required no extraordinary sagacity to perceive that so sharp a general as Jackson would find out all about this shifting of troops as soon as it was accomplished, and that he would immediately take advantage of it and pounce upon Banks like a wildcat. He did so, and the exciting race through the valley of the Shenandoah tothe Potomac was the con- sequence. Were it not for the bravery of the Maryland regiment, which detained Jackson at Front Royal for five hours, instead of a quar- ter of an hour, as he expected, neither Banks nor any part of his army would ever have reached the Potomac. The disaster was all arranged in order that Fremont might be brought upon the stage. It is laid down by the author of the “Art of Poetry,” as a fixed canon not to be departed from— Nec Deus intersit, nisi dignus vindice nodus. Let not a deity make his appearance unless the difficulty be so great that it requires to be solved by sucha deliverer. The difficulty is created designedly that Fremont, the avenger, might appear at the critical moment. Jackson threatened both Washington and Baltimore, and a terrible panic ensued. Fremont steps on the stage from behind the mountains, and, presto, change, Jackson disappears. Had the fifteen thousand men sent to McDowell, who did not want them, remained with Banks, Jackson would not have dared to enter the valley from which he had been driven; or had the thirty or thirty-five thousand men given to Fremont been added to the army of McClellan, he would have been in Richmond long ago, and that with- out half his present loss. But the programme of the radicals was to cheat McClellan, McDowell and Banks, and make Fremont the hero and demi-god of the situation. Moreover, Fremont being the senior major general, and next to McClellan, should the tide of war set in strong- ly towards that part of Virginia, he would outrank Banks, Shields and McDowell, and as- sume command of all their troops. Such is the plot of the radicals. But the proper business of the Man of the Mountain is to clear out the valley of the rebels with his large army, and to hold the Virginia and Tennessee Railroad so strongly that there can be no escape for the rebel army at Rich- mond by that route; for, whatever the radi- cals may intend, the part performed by Fre- mont is, after all, but the by play of the grand performance. The blood shed in the valley ever since Banks was compelled to retreat was spilled in vain. Such battles have no decisive results. The real drama is being enacted near Richmond and in the Southwest, and the two great actors are McClellan and Halleck. If Fremont plays well his role in subordination to them, and aids in accomplishing the great end they have in view, he may yet retleem the error of his way in Missouri, and make some atone. ment for the lives so needlessly lost and the panic so wantonly caused by the disaster to Banks in the valley of Virginia. Post Orrice Removars.—Postmaster Wake- man, having publicly proclaimed that the prin- ciple of “politics first, qualifications after- wards,” is to guide him in his administration of our city Post Office, has set the guillotine fairly at work, and is chopping off heads vigorously. There is no use in objecting to the Postmaster’s principle; for it seems to be the general rule now-a-days in regard to public offices, We must suggest, however, that the older heads of the office should be spared, at least until new men are educated to take the old fellows’ places. If Postmaster Wakeman keeps on turn- ing experienced clerks out to put inexperienced clerks in, the work of the Post Office will be badly done, and he will have the press and the public about his ears shortly, and his own head will be unsafe. Let the ignorant and the lazy go first, Mr. Wakeman, but hold on to the ex- perienced workers until you can fill their places with as good men. Thus neither the publig nor your arty will suffer, The French in Mextco. There is now scarcely any doubt that the French have met with a severe repulse in Mexi- co, and as soon as the news of their defeat reaches home there will be great excitement in France, and a larger army will be sent to im- prove the fortunes of the first. Thus this Mexi- can difficulty is increasing on the hands of the Emperor. Matters have taken a turn which it is evident he did not expect, as may be seen by the unsatisfactory tone of the Moniteur on the subject of the withdrawal of Spain from the original agreement. The Emperor's official organ views this act of Spain in a most serious light, going so far as to say it may endanger the relations of the two countries. The defeat of his veteran troops by the wild Mexicans will not improve Napoleon’s temper. But he had better take things coolly and get out of a bad scrape with the best grace possible. The Parliamentary papers on this subject re- cently published show pretty clearly that the French troops were sent to Mexico with no less a purpose than to overthrow the existing go- vernment and set up another in its place. The disagreement between the allied commission- ers was caused by an unjust and extravagant claim which M. de Saligny was preparing to forward in his ultimatum to the Mexican go- vernment. This was an alleged claim of the Swiss house of Jecker & Co., in Mexico, which bears injustice and wrong on its very face. When the Miramon government was on its last legs and totally penniless, the house of Jecker lent them $750,000, and re- ceived in return for the advance bonds to be payable at some future period to the amount of fifteen millions of dollars. Shortly after this outrageous proceeding Miramon was upset and Juarez came into power. M. Jecker, who was under French protection, then called on the new President to pay the money, which he absolutely refused to do, and was supported by the united voice of public opinion. Juarez was, however, willing to repay the original loan with interest; but beyond this he would not go. This was the claim that the French plenipotentiary desired to include in the ulti- matum; but the English and Spanish commis- sioners wisely withdrew, as otherwise they would have precipitated hostilities with the Mexican people. This is the kind of justice on which the French war with Mexico is founded, and for this the soldiers of the empire have been led to slaughter, and the autonomy of the Mexican republic is to be overthrown. It would be well for Napoleon to pause before going any farther in such an enterprise. As the First Consul, on his ocean rock, regretted his ill-advised expedi- tion to St. Domingo—which brought ruin to his fleet and to that ancient colony—so will the pre- sent Emperor bitterly regret in the future tie course he is now pursuing in Mexico. But then repentance will be too late. Last or tae Nava WARFARE OF THE Resers.—The rebel navy is now a thing of the past. All that it ever claimed that was very formidable was the Merrimac, which, like Samson, committed suicide, but not with the same vengeance upon her enemies. The action at Memphis finished it, restoring to federal sway the whole Mississippi, from its source to its mouth. “Vicksburg remains in possession of the enemy; but it is less capable of defence than Memphis, and will surrender without a struggle so soon as the combined fleets of Farragut, Davis and Ellet appear before it. The rebel gunboats are all sunk or captured, and there is no means of resistance. On the ocean there are still the Nashville and one or two other privateers; but they cannot escape capture very long. All that is needed to complete the cordon of naval victories, from the Cumberland and the Tennessee down the Mississippi to the Gulf, and from the Gulf to Fortress Monroe, is the capture of Galveston, Mobile, Savannab,Charleston and Wilmington— achievements which are as sure as fate. Then the Atlantic, the Gulf and the Mississippi will have been completely,swept of the rebel fiag,: and the Stars and Stripes will wave once more over those vast waters. Thus, by the application of the science and art of the last half century, we have wrought a revolution in the naval warfare of the world, and taught the great maritime powers of Europe the best mode of defending seaports against an enemy. There is another secret we have taught them, and that is our naval strength, which has been developed by the present war. We commenced operations with fifty-six vessels. ‘The number now afloat is nearly four hundred, with an etfective force of some fifty thousand men. Here isa tremendous naval force, in- cluding powerful iron-clad gunboats, left free to operate wherever the interference or the in- solence of any foreign Power may call it— ready to repel and avenge the audacious attempt, if further persisted in, to subvert the independence of Mexico and establish upon its ruins a monarchy, to be ruled by a prince of one of the most despotic royal families of Europe—a scion of the house of Hapsburg. The great republic of the Western World is proving not only that it can put down domestic rebellion more effectually than ever did king or imperial despot, but that it is able to break up all the conspiracies of the Powers of Europe to plant any new dynasty upon this continent, or, if need be, to sweep away every vestige of their dominion from the New World. Prerare ror Taxation.—In a few days the Tax bill will be passed, and a whole army of taxgatherers will shortly be appointed, ready to pass round and gather up a heavy toll from the public. Now is the time to prepare for these demands upon us. Everybody must now learn to be economical. Those who wear out a suit of clothes in six months must make thé same last them a year; those who have been in the habit of eating hot beefsteaks for breakfast must learn to put up with a cold scrag of mut- ton; those who have indulged in wine and water at dinner must put up henceforth with the pure element. All this is necessary in order to put down a rebellion originated by the abolitionists, aided by the English aris- tocracy, and carried into the fleld by the wicked secessionists. Faesost’s Vicrory Over Jacrson.—Fremont, having taken our advice and the field, has at length gained s victory. It is his first battle and his first triumph, and it should be appro- priately celebrated. We advise his friends to getaband of music and some fireworks and have a procession. Sweet are the first green laurels of @ soldier. Let poor Fremont, who has had his thorns, now have his crown. Greeley’s nigger brigade will an occasion, without doubt, as there iy sure to be no enemy to meet, Mr. Case Amona tax Watt Sraeet Bro¥ kens.—There is some trouble between Mrd Chase and the Wall street brokers. The thre@ great stock jobbing j@urnals of this city—the “World, the Flesh and the Devil,” alias the World, Tribune and the Times—have been very. savage upon Mr. Chase, the Secretary of the’ Treasury, for a financial operation which he has effected with some of the banks within the last few days. ‘ It seems that Mr. Chase exchanged two mil- lions of seven thirty notes in the Treasury for two millions of demand notes in the hands of the bankers, the profits upon the operation being estimated at something over forty thousand dol- lars to the banks which gave the demand notes in exchange for the seven thirty notes. The brokers and banks concerned in this transac- tion were, it appears, the Bank of Commerce and Mr. Morris Ketchum, of this city; the bank of Joy Cooke & Co., of Philadelphia, and the bank of Rittenhouse, Fant & Co., of Wash ington city, the value of the seven thirty stock being six per cent above par, and that of the demand notes about one-half, making a dif- ference of about forty thousand dollars profié to the bankers concerned. Transactions of this kind, in which one party is little sharper than the other in the science of arithmetic are very frequent in Wall street, and very little if anything is ever said about them. But it seems there was no blackmail bagged arising from the secresy of the transaction, and therefore these stock jobbing journals think that they have been deprived of their legal rights. The government lost forty thousand dollars, and the Wall street brokers pocketed the difference. All this only goes to show that the Walk street operators are sharper than the Secretary of the Treasury; but it affords no ground to make any noise about the matter. The Tribune ought to be satisfied with the profits of its gum, contract; the World should be satisfied with the pickings out of the famous Cummings job» and the Times ought to be content with ite hopes for the Senatorship. They have no cause for complaint, nor, perhaps, has anybody else; for if Mr. Welles was right in allowing his brother-in-law, Mr. Morgan, to make two and a half per cent, and if Secretary Cameron was right, too, in allowing his friend Cummings to make a little something, we do not see how Secretary Chase can be blamed for allowing the Bank of Commerce to make a little. If, however, any objections should be raised, no doubt the House of Representatives will ena- ble the Secretary’s friends to pass a vote ap- proving his course. After all, in reference to the Secretary of the Treasury, we must say that he has com. mitted fewer blunders touching the almighty dollar than he has done touching the almighty nigger. With the assistance and good sense of the financiers of the city of New York, he has astonished the whole financial world, in Europe and elsewhere, by the stability, the power and the strength of the government credit which has been established. Let him stick to the course of action in which he has been so successful, and gradually lay aside the negro hereafter, and it may be much better for him before four years are past and gone. “ins. Lrycotn at THE Hosrrrats.—The aboli- tion journals have ceased to mention Mrs. Line coln of inte; for they have exhausted their abuse of her, and of course they are unwilling to say s word in her praise. This estimable lady, whose char. acter and opinions have been so grossly villi- fied by the 7iibune and other abolition organs, has at length sufficiently recovered from her recent severe family bereavement to ven- ture forth and resume her missions of mercy. ‘ She visits the hospitals, brings kind gifts and kinder words to our sick and wounded soldiers, and is everywhere welcomed as the fit wife of our beloved President. Only.such creatures as the aboli- tionists could revile such a lady as this, and her conduct is in noble contrast with that of the secession ladies of Washington, who lose no opportunity to insult the Union troops or to dis_ play their sympathy for the rebel prisoners On Dir.~That poor Greeley, having quarret. led with Snow and Almy, is about to leave the Tribune and take entire charge of the Con- necticut gun manufactory. It is said that poor Greeley accuses Snow and Almy of having mismanaged the gun factory as shamefully as they have mismanaged the Tribune, and that he has been moved to profanity by the prospect that the war will be over before any of the Tribune's guns are ready. This change will probably replace Dana in the editorial chair of the Tribune, and Gay will retire with Greeley. We wish poor old Greeley success in his new profession of arms, and hope that he will make his guns—as he has never made the Zribune— of a kind to go off well. No Go—It is ramored, with some show of authority, that Thurlow Weed refuses to have anything to do with the Seymour and Evarts ticket for the next State election, but will stick to unadulterated republican candi- dates, and defeat Barney, Greeley and Co., not by compromise, but by out-generalling them. Lord Thurlow knows the politicians of the Albany Regency too well to trust them. Ecurpse or THe Moon Last Nicmt.—One of the most perfect and beautiful lunar eclipses which has been wit- nossed in this region Ocourred last night. The shadow og the earth commenced to manifest itself upon the surface of the moon about half-past eleven At forty minutes past twelve its orb was entirely obseured, and it romaihed so foraconsiderabio time. At the deginning of the observation the sky was ciear, but subsequently some) passing vapors § © partialiy shat outs a view of the dise of the moon and diminished the effect. Ata quarter before two the shadow began to pass off, and the ‘lady moon’’ gradualiy resumed her wonted brililancy, undimmed by the op pressing shadow of our sublunary sphere. The tine soe down for the moon to be wholiy ebscured was one hour and two minutes, and the eclipse was to end at a quarter past three. This calculation proved very accurate. Necro [Mivernsta m Brooniyy.—Hooley & Campbells ‘excellent minstrel company open at the Brooklyn Athe- geum this evening with @rich and racy programme, Performances for three pvc sive & matines for the benefit of ebildren at low prions. This will doubtless be a great treat for our friends aoross the river. ae A Fioarixo Hosrrraz.—The Sanitary Commisarona hospital ship St. Mark will eall for begga atin Fast river, sear ts gor ettee nd wil be ‘open for publie inspection today, (Thursday), from one to @ o'clock in the afternoon. cow rt Calender—Thie Day. Sevan os ono ts 1—Nos. 75108, nid irit) a0ss, Feat ta, 31, 1883, 2288, zat. Part 2 ‘2208 1700 2004 , 206: te aai4, 2276, "ape 2342, ny sngaag 2288. ioiait, ie ts i 1906, 1297, 1208,