The New York Herald Newspaper, September 8, 1862, Page 2

2 THE PLANS OF THE REPELS. The Aggressive Policy on the Loyai Siates, “CARRIING TH WAB INTO APRICS.” MARYLAND TO BE RECLAIMED. THE INVASION OF OHIO. “Instant Movement on the Yankees.” “NOW OR NEVER! “@he Fate of Carthage to of Washington,” &., &e., ‘We furnish to our readers in to-day's Hixrarm & mage @f documentary and corroborative evidence of the plans, strategy and designs of the revel leaders is prosecuting the present campaign in Virginia and other portions of ‘the rebel torrjtory. The cal! of President Lincoln for six fhundrea thousand additional treops has startlea the rebels, notwithstanding they have attempted to exhibit a wonchalance at that measure, The rebels say, ‘While the enemy is discomfited und defeated; while his ranks are thin; while their recruits are raw amd undrilled, is the moment to strike.” Again, the rebel Generals are working out the plan determined on after the great bat- Woe of the Chickshominy, Carry the wer into Afries,” is now the rebel battle ory ; “ Washington must be anni- hilated."’ To carry out these plans tho great rebel army is now directed towards Washington, which, once’gained , the rebels propose to dictate peace from the steps of the federal Capitol, To carry out this design, it ix evident, from the articles from rebel newspapers which wo here subjoin, Mey have hazarded eve The rebels de- olare their future war policy to be an oMonsive one ; they Propose to carry desolition to our firesides and feel the horror and inconvenience under which they ac- knowledze they have beca sullering eitwe the inangura- tion of the rcvoltion. Nor are these oifusive measures &. to be confined to Virginia; the m ents in Virginia oouprise on ptegar to the united plan ; Kentucky, Tennesse, Arkansas and Missouri are to be re. gained, and large rebel armies are moving fn or towards these States, and the blows are to be struck at the sume time. The rebel news. Papers, eloted at thoir prospects could not constrain them the sceret? to as the extracts they gi the plan which is now being developed. ‘The rebel pres, insist that their present wilitary plans cannot fail unl through cho ignorance or blunders of the suberdinate weonerais. themselves; but e will show, divuige y to kee The Rebel Preparations. THE WORK MA D OUT FOR JACKSON AND EWELIG {From the mad Exanviner, April 23, 1$02.] The ciouds « tuicken each moment. The enemy are pouriug large fo.cos into the valley of the hannock {7 us, MoCl it reported to have ces ¥ of tooo} Rappahan- nock from Lue bay to reiuforee M Froericksburg. A ¢ ge army as m is § ile, before ight befor: orces, Ths and if he: before falls Tho effert or junction ot Lis where iu th thewill be upti! he cap and owr * somewhere in adeaner We shouts! not ie that resion may come oft Jar from h ‘er base of op: to meet us ojual on Lerms in rior numbe those. A sol for our yiewin Hes. He said we whip and aé loug as ped them atl the t y until there was no end to Hem, coud pould have wha ut reinior the better o' ug on the xecoud day at shiloh, this process of “out re sity to ihe river enabled the; If they con Carolive or Louisa, they will be go trangportation that this tavortte plan of will be impr: ¥ battle wit The mon that f fight and be wi the next d encounter. A whipped army wii! army comes forward to cogage our troops, worm an weary with a day's exertion aud excitement, as op otier ‘eccas ions. Ut is not for us to divulge the number of our own troops that are concentrating un the lines norih of Bichmond. Suffice it to say that we Lelicve them to be ample to withsiand and remuidsr the memy. here is this further encouraging feature of the campaign in that dircction—numely, that buth Generals Jackson and Ewell have the reputation of being fighting gene ais. Farnest and vigorous work ov our side ie ail (hat te wanted. Dispute every mile of the road, sell every foot of territory for blood is the true tactics. The sage policy of tue back track may do very well at times, and the virtue of spades and sand bays may be very great in the proper place; but here isa campuiga in open iield, where natmbers will not be greatly unequal, and where neither sige bas bad time for ea gineering and dirt digging. That country, too, offers many battle fields; nud, as this war at Inst must be decided by battles, better that tuey should be fought promptly and bravely than poeipomed lo more couveuient seasons and localities If Rictunond is to fall by the want of valor in troops or condnet iu generals, it mayen weil fall this month as next and if tho enemy 18 to be driven, beaten and disgrac from our soil, far better that it should be done whea tn have freshly ontered than atter they have ruined the country by 2 long occupation of it. We lor mare by del than they do. Their expenses go on whether their arm are within our territory or hanging upon our borders. lowe thousinds of dollars in value every day the marau- ders remain in our midst. The strateyy of the back trac <8 m very oortly one to ws. It oxi the pocket, it crushes the neari of the country. The wear und tear of feoiing it entails ts fear fal. It protracts tho work of ruin, it intensifies and pro the agonies of exile, which is the citi- th. Invasion should be the signal of Moody work, of firrce cnamnier and wrathful bow not of cold strategy and impossible official policy. Determined to Pursue the War to the Bitter End. (From the Richmond Enquirer, July 9.) * * . * * © © Atno period in the bistory of the war has the Voafederate goverument manifested a more dashing and mergetic spirit than that which is now permitved to in- wire the commanders of our army, although that old domptation, ‘‘foreigu intervention,” looms up even more brilliantly and eeductively than ever. The war has at Jongth become an enruest one; the Confederate government has ceased all pariry with the vest of the world, and , rebying tuyon right and her own rewnrere, is determined to pursue to the bitter end. it woud Le imprutent to publish the movemenia which csi my mute by our army. The public mut be satixgied y are wise, practical and e@ wential Co the success of the struggle ate On to Washington. {From the Richmond Enquirer, July 16.) Richmond has een relicve!, but Rielmona is stilt threatened, and will be again invested and aasauited tuniess Wachingion city be ro vigorously threatened us to demand the prsence of McClellan for its defence. We would call pon the people to redouble thar exertions to supply our army with men, th order that Richmond may be deicnded both bere and at Washington. * * * a * * Every man is required by Gen. Lee, and the country de- roands that every man should be wt hie post. The desire to wee ancdvance made upon Wishington; the govern- ment desire (0 make thal adeince; peace can only be secured Dy that advance; and thet advance can only be made by driving the stragglers back to the army, and by filling the (Of Ue dead aml wounded with nem recruits: ‘The enemy are calling for three hundred thousand new men, while our government calls for those she demanded by conseription four m nthe ago. The enemy’s raw re cruite will never stand before the trained and disciplined victorious soldiers of the Confederate States. Now, while eenemy is disconfited and defeated; while his ranks are thin, mnile their recrutis are raw and unedril edt, is (he mo~ ment to sirsicr for peace and independence, Porimit the enemy fo reorwii, and the war bas to be fought over again. are in sight of yea, Let ug not love it by soldiers straggling away Lo see the and taik of battles they aban- doned and hght# they ran away from. No stragsler can to! way thing of Uae battles except what he bas read in the news payers. Carrying the War Into Africa, (:rom the Richmoud Diepateh, July 17.) Tho circular of Adjutant General Cooper {u relation to the enrolment of covscripte, and the arrest of porsons absontiog themselves frem the artwy, furnishes a hope ful anticipation of the fwrsre conduct of the war. BY Following thors instructions tbe runks of our armies will be speedily mil and placed upon ng Mufficieut! A foot vheum the hordes of the abslition owertl we eve: NEW YORK HERALD, MUNDAY, SEPTEMBER 8, 1862. regard to the “three hundred thea- monarch, without ao oa ler by the Governors of the © jogall Seates.”? are zealous and , Sys the circular of Cooper, we hail souk war, tagie of the bit of we Bhat nlinue to witoers tle ravages OM matinee wit fed racy with ren-wod nergy. To totlow ap our reoeut vic~ ‘wories by carrying the war te the very de vs Of owr foe, is the ardent Of every wider, aud we ure pleased fo Sbacrve thas the orders of the geverameut, lowing im View @ campuign of unpurakees ac tely, are praducng @ most salulary «fas. Exertions. mond huyuirer, July 29.) . . . * . ° © © The army ts anxious to a¢vance, end will alwence s00n, and dixgrave Will be Lhe portion Of every tan Bot ia his place when the commend © Forward? is ‘To assault MeClvlion in bis Lat ae pW oe your or te im wate Maryiand, or te advaner against tom duvet, oF whatever o her campaign the fiure may develop, we know our armny, rested apd reerailed ia numbers apd spirits, = ready W follow their general wherever be may ! tgnorance that enista {a the public mind as to where an consider one of the Dest tions of future SUCCOss, Let all be ready ‘10 keep time to the music” that for our next campaign. tte if Hy ; i it inal HE E id ir rit HG fig Iniou troops who rematu there. upoa the the active co-operation of t! States, for reasons connected with the courre pursued by the last Congress, say ple of ‘Tennessee und Kentucky are so d aneipaiion bills, Confiscation Dilla, bills exch slavery from the Territories, and other nogro legialetiwn of this abolition Congress, that they wil now be anxiow to Jom the Southern confederacy. But » bother the revels succeed in getting possession of Tennessee und Kentneky Or not, it ts (he determination of their leaders te regain th possession of the peninsula in’ Virvinia between the Fork and Jane rivers, and of the wrole of Virginianonth of Es He 275 g3z z & hichmond. The Plans of the Rebels. [From the Baitimore Correspondence of the Naw Yous Hekarn, July 25.) il of war, comp ed of all the principal rebel was beld at Kichinond on the Pearth of Juiy, od and were protracted tar Aco gene The conferences wer into the night. Thoy ved a comp view Of the military operationy of the past fifteen monihs, and plaus for the pre’ summer eainpaign, Nothing was upon, and the couneil reassembled early ou the mi of July. At this meeting tae plans for the sum campaign were decide on. yneral review of military operations did not ay pear to the 1 in a very favorable light. The amount Of territory that bad been abanioned caused the council great chagrin. The evacuatia poney was warmiy discussed, being unsparingly ridiealed aid de. by some'and defended by others. Every ous agreed, however, that in the case of Corinth it was highly proper,and indeed a masterly stroke of policy, since it had saved Richmond. But the fact that they bad lost the whole Mississippt valley, New Orleans, Norioik, and the whole of nessce nud Kentucky, besides 80 large a uri, appeared to dainpen the ardor of the mbers somewl't. It was unanimously agreed not only that i Would uot do to lore any more territory, but also lust must be regained. The results of the which has been hitherto the policy of pot regarded as satisfactory, and ite rongiy urged. Both General Beaure- savored wo demonstrate the the North at three different rland or Wittia and Cincinuatl ud Cairo into Tuvasien’ fis . It wae sirennousty 6 und one or two of the generuls: y of thera were infavor efit. Itis that tho following operations were : parts of the sume te cbscruction of HeCleh an to itasa means for fer tie transporta ton of reinjvrcon Secon. — The + the entere pouinsitia Tarmp.—The ree nia, and ie Tepossers Pour. The reconery tine capalion of Widiamsdlarg, Forktown ana of the whole of the territory of Virgt- of tie Baltimore unt Uhio Raul is and. the Fa due Lee jeaureyare plan propoeed: irri. —2o mane ihe Potumac ant Ohio revere at once their save of uperations and frontier line, and to transfer the seat ¥ war from Virginiata Maryland. st jo uur por Hi aching'om, from Rickraond, a co n of two hundred lwueand troops; tha eaplu ”* of Baltimore, and the invas North at the thre: poinis named above. Ly -omyng tn turn he tnoaclers, the y hopelo mas it necessary sor us lo keep at ame (or the dejince of our cities fully five Kumared ihousand trooy Gne imporlance of Virginia to the rebels has been forcibly comenstrasea ly ihe events of the spring campaion, ana 2 the etrenvious eorte which they wul make to regaxn i. Uf they can restore there the slatn quo ant: bel: the state of affairs a: shey existed in June, Y8B1, they that we never aywin can smvode that ite cap, ior aefence are superb; indeed, unequalled auywhere. currence of the cool weather of the fail, poled to begin the campaign over again at anney Ou the north, aud at Fortress Mon- the rebel loaders expect tuat we will and still less practicable in the fall pring, extensive programme for the sum- find the road t than we found it Such is their rath mer campaign. Instant Movement ou the Yankees. {From the #teumond bespateh, July 26.) The omy manuer in which the “s0lid men” ef the North are now formidable ts in their capital. ‘They have spent #0 nuch Money in carrying on this war that they will make another desperate throw tw save that which bas wlready gone. T wiil not come (hemselyes, under @uy circumstance; bal, either by dratt or eucrmous bounties, they will raise the three hundred thousand ad- ditional troops requested by Lincola. ‘here will'bo # uviversal gifting of the whole North and of all mankind for more “riffraff’ to make up the three boudred thousand. As for themselves, three hundred thousaod “‘solid men”? of the North would vanish Like the most un subsiantial shadows before ~ stonewall Jackson” and Uhirty thousand Confederates. But now t the lime for the Sonth to strike. Let her not watt another nuner for thececumulation of more “rif-ragf’? Let not the enemy be permitied to advance anuher foot, An instant novamont upon the Yankees, and the solid men of lve North cand their slid country will vanish ike the baselsas fabric of a vision. The Hopes and Fears of th (From the Richmond Dispateh, * * Rebels. ly 20. * ; * . Our prospects’ at present are bright and envouroging. They can onty becvine overcast bu our own folly or neglipence Yot, though we cxercise the utmost prudeuce and fore sight; though we neglect no opportunity and forezo no udvantage; Uiough we pursue every suecens to the utmost extent of the advantages which can be extracted from it; though our energy in the cabinet be worthy the courage of oar soldiers in the Held, we must stilt expect @ protracted and arduous struggle—a struggi* that may drag on for years, and that will terminace only when our ive shail have wasted adl his resources in his frantic efforts to sub- shall have become ready to relinquish the ely because he is too exhausted to continue it. it i# proper for us to jvk our situation tully in ihe face. We must not falter ourselves with the delusion that our triais arenvarly alan ent. There is not the slightest reason to fear that we shail ever be subjugated, but * the price of Sreodom is eternal vigilanee.”” ington to be Annihilated. {From the stichmond Whig, August 28.) * * * ‘This superiority of our population was strangely over- looked last year, when we suffered the finest army, aewembied to rot at Manassas, and gave the enemy time to arili their new levies. If we pursue the same poliey again we shall again suffer. Put if Congress will extend the cousoription so as to embrace all between eighteen and forty-five, and if the war is then pushed, pushed at once, aud into the eneiny’s country, the new levies of the Yankees wili avail them nethivg; but, on the contrary, Leimg little Letter than a rabble rout, will provean in: valuubie - to our “_— columns. % . * The city of Washington itself must be annihilated. There con bs.00 ponee wnt tas nest of Yankees aad traiwre is exerminatet, It tz abar wo any satisfactory by roreign Powers, amd would forever constitute a bone of contention veteran The fate of Carthage must be that of Washington. Let Stonewall” haveone lack at it, and we shall have no mere trouble from (hat quarter. The Rebel Mode of Fighting. Dr. D. 8. Oliver, of Grant county, Wisconstu, who es- caped from Richmond last mouth, say! The real plan of fighting is not with reserves, but by re- treads tn the jell, aivt that yin every balile regiments are reguiarly relveved by Sreth troops, after having fought for a litte while. In Oia wry tt was hoped to wear out and Gre down the troops wnler McVicllan. It t# sadom thal the came regiments have Lem alunved to engage tutor in the same battle, The rebels have concentrated nearly all their avaikuble troops a’ Richmond, except 80 much of Heauregard’s urmy a5 stopped at Charleston, aud about thirty-tve thousand of the same army jolt in Missiesippi The Rebe' the March to the Ohio. (#rom the Greuada (Miss) Appeal, Augost 26.) Let our people take Warning tu time. Let Liew take ft for granted that Lincoln has, or will very voou ves, all the men he hae called tor, and prepare for It is Wituin the power of the South to pat and keep in the field a8 large a force as the North can spare, and it ia not ouly the part of wisdom, but the dictate of both patriot. jem aud duty todo it, and that withowt delay, Gur arinies (th: rebelg) are now on the mareh to the Ohjo river, and ihey should be cbe aided and strengthened as they go. May God speed and (ayor them, It Miseiesipp!, Alabama and Tennessee would remove thy theatro of war from their borders, let Uheir sons e well rauit of the em y, aud yory 80 r ible force to the Held, euubied to bid delance to the intreiings of Lincoln, aod Gear the Confereracy 01 the bated fue. RETURN OP SICK AND WOUNDED SOLDIERS, Hany © Arrival ef the Montreal. ne ‘The United States steam transport Montren!, Captain Liscomb, let Washington om Mouday iast, at noon,and arrived safely ot Newport Grove, RB. I.,oa Wedursday eveming. She had o@ beard seven tundred sick and wounded soldiers, uncer the charge of Dr. Jamon Bryan, U; b igerts | i . B, Goth fennaylvania; We Hutchins, 16U 4 ba A. HL. Forbes, Oo. K, 8th Connveticy th New York; D. Uuines, Co. Li, sv PB. Grom, Co, K, 84a Connceti a. Walhener, COD, Lath United States infant y: it. L. Robin- Ge, 2d tend; T. Go. U, bth Vir~ A. Haney, Go Th, beh Vitgiste; OF MoCaridio, Oo 1, Och Virgie, Workiaan, Co. B, Ist Pennsyivania; WW. H. hinder, Co. ©, 68th "Mtinois; J.T. Try, Co Ky 7th Virginia; W. lherg?ick, Co, 13, 10th New York; SM. A’ ¥. A, 2ist New York, G. Batley, Ce. H, Lat Mi Vhow ‘ork; ©. Merihea, 93d Pennsyivasia; la, W. Johns K. Pannsytvania cavalry; A. Rodgors, Co, K, 12th Pennaytva: nia cavalry; F. Lipscomb, Co. D, Go, K, lat Michigan; shooters, J. Pilbro, Co. bree ogres deal ant taken to the bonyMal, where every couvenieace bas been eepptied. The howpital is #ituaied near the sea, and Ws bee itily and beautifully located, The folowing ty a Tet of the sik aad wounded mentioned abore — 12d Michigan slaryshooters, % tors, Co. 1 mont; G. Faton, (0. Sit Ponnsylvania; J, ky 5. 604 ‘uller, Co. K, 96th Now York, 110th Pennsylvania; W, Dermilt, Co. 1 60th Co. iow ¥ ‘ork; F, Lulokinin, Co, ¥, AJ Mehl, Co. 1, 4th Michrran: D. M, Konltim, Go. Ay wom, Co. EB, Ist diiunesuta; B. Mcbride, CoB, | F. Cleland, Co, A, 60th New York; J. Glark, Co. Let Rhode ‘stand cavalry, E. Moore, Co, F, Ta New York: ihivan, Co, ,3ist New York; Wi. | Massachusetts; J. a ALe Tih batave; S, ts . —— Meleg Go. Fai New Yorks @. W. levis, Co. th Ohio; Mark T. ,Hagging, Co, D,11th | Co. 1, Th ‘Wark, Go. D, 85th Now York: b % 1,00) New York ist Pennsylvania | Morton, Oo. 1i, 16th Michigan ; K. D. Morton, Oo. F, Suh Maw sacle States arullery; | New York cavalry: ¥, 1. Soper, Co, B, Gua Now York; J. Chapman, Co. G, 62d Pennsylvania, THE DELANCEY STREET EXPLOSION. BONY tos I shooters» United staios in- faatry; 4, Hazenbioker, Oo. ¥, 46th Now York: Pile egctan ice meet en ara et iow ide be New York; G. Marquis, Co. 1, Ty Indiana, : Valve, d&c., de, death of Christian Shi Gillan, who were killed Robert.T. Wiley and Patrick ‘Hospital by Coroner Wildey. The evidence attentive perusal, and should not escape the notice of tho proper authorities, The following is an abstract of the testimony :— Edward J. Halligan, residing at No, 80 Alien street, deposed that he was @ private watchman in the empioy of I, M. Singer.& Oo., at the building footof Delancey Street. ‘Tho night before the explosion he examined the boilers, and found on turning the fauccts that there was no water in apy of tho cocks, As thero was fire nite 8, stick “Ahickey, Co. H, 9h New York, li. Spoim, C0, a, 23d New Yori Wermuth, Co, G, ath New York; A. Punk, Co, 1, 844 Pounsylvanin; J. ‘\’ Daves, Co. D, 17th United States infantry; J. Fox, Co. —— ‘Go. venus No ee colts Gn dae in the building, and went in search of an enginoer; wit- Ss vr. Quartermaster F. Pahiman, 26th’ Penusyiva- | ness found an acquaintance of his namod Mcdivern, who ola, —— Selumachsr, Go, A, 9da New York; —— Garner, 0. By 6th Poomey ivania reserve; M. Brindle, d, Ota ‘eanaylvanw seserve, 1, Bomersox, (0. 1, 6th Peauayl- vania rose fe: F. Anderson, Co, K, Och Vorrey vania re- seve; Gorporal A. Wound,’ Co. 8, 6tn Pouuey Vania re- coves J. Kemey, Co, kK, Gch Pouusyivania tesorve; J. swney, Co. B, Gib oud. reserve; E. Jeaugnouvat, Co. L, © One Bae x, J.D. Dennett, Co. Ast Suchigan; npat H. Mashery, Co. b, tn United Sraies artiiesy? 4 OW. Bhamey, oo, G, Sed New York; H. Binues, i. Movictiaa, 2d New York; J. Sunivan, fnuswetts, D. Colting, Co. 13, Oth dussa: is a boilor maker, and upoa coming back they*found that there were thirty pounds of steam in tho boiler and no water. They tried to raige the safoty valve, but found that the rope was broken. Thoy thea tied to raise the vaive up with their hauds, but they found that it pressed agaimat the rafters 8) closely that they could not got it up; & piece 0: wood was thea introdueed under ihe jever, anu they succooded at last in raising the valve a Kittle; this vccarred about cight o’ciock on Friday even CoH, dee View CoC, Lit Meomebapeite: 6. 5. Pook, Ce. b, Now York; & L. Satebt, 9. 1. Sta New York; « M. Proer, Co. A, 0th indinua: J. Gray, ket Virginia bariery dorner, Ca be, St) Mawnnheneste: J. Chube,ca. 0 TL York; ——'teherualy, On. bk, Sd Pennsylvania 1 «ren, On, C, 84 Venaagivaurs reserve w, to. A, 8Tee Now York, M thar, ce 4.0 Murrers, Go. ©, te Virgie Vor ous namnckeass Botan oe Gadbey, 0. 8, ‘anh Secsapioonie fee ee ing, after (he englueor and fireman hud goue howe; at * bth Us, As walk, CoB, Sb Macyiane | iouh New To Lattou, iw. G, 10a New York; ii, D; | ta minutes tole pines oe eererany yee she te: teers, Pd. Frery, Oo. 2, 21 Maiwe: J. A. lew le 6 th vi, M. U'Leeie, Co, B, G¥ch Now | 80 came PLLRORR SODORERG Ve Rat,, DAM DAppOnes; . 5 # | tho fireman expressed somo astonl huvont at the jack of W. Kem) . vo. G, bh New York (. Deusetth, Foaever da fi, vad New York, ¥. tt. ¥ York, ‘G. Baber, co Sue Water tn the boiler, and said he lett two fullevcks wion ho left; wiiuves said something was wrens, when the deo- man examined the supply pipe andeatd tt had probabiy worked itsef loge and leaked: af suon ast came in be suut tho faraace doors and oper datupers; tis was beivre he was told thas th water in te boiler; as oun as there was tho flremun started the pump; the pruap did not work very well at first, and the tivoman was vbliged to work at 1ewith bis hunds; alter that they appeared to work us woil us usual; wituess asked the wh i the w coming {uto the boiler, wien the later replied, slowly.” Before witness left water appeared at the ‘first and second eocss, ‘he euguver then came tn; (ais was about tw-uty minsites to seven o'cluck; wiluess spoke to the engineer about the lack of water im the boiler, and said be did not think was right to leave tie Boer ia that way, ‘ihe enginoer replied, “Mhat’s your opinion aud not mine.’ The eugiieer suid “that Die Masesclamebis, L. >. Meyer, Co. Hy isi Um, 8. iM Mabrowk, Cv. D, let U8. A.. A. Eugrom, Co. B, div New York: 'W. i. tkowe, Go, 1, 6th Now York cavalry; © 1, Mitterd, Co. B, 16Um aonigan, a. Carotin, Co.4, 1st . D. Your, Co. &, 40h Maine; J. N. Beon , Co, K, 6th Peaa. reserve; I. Carrvell Co, 1 K, W. b, Clark, Gv. A, lst Buch. cavalry dap, Co, 00th Ponasy vant, J, & Ve mun, W. O L. sewett, es, Co. sergeant, 1h New’ York, James Hoggi United states totaal Kaward Comael, . , Stacey. Co Marusen, Oo K, 60th New York oH, 4th Ohio, John BM. Die ia New York, Harvey ormds vairy; Jas. 8. Batis: Co. K, 20th ono Clurier 6 A. Mitedelt, Go. G, 108. vania’ Timothy Quins, Go. @, 0 ©, i, 18 Michigan; Josie 22d Massachavetia; Mike Commens, € York, Thomas Sullivan, (@. 1, 19th Now York, W W. denand, Oo, bi, b6th dhe Michigaw, A. broad, Oo. & » A, Oth New Ham, eines. F pergrunt, Uo K, me New Wan, eae S wituers had blown off water as weil as steam, SO 1 eer a ee eg ys po ie! and tbat there was uo danger as long as thé hn Geet cn Ge en ee ee ce, a eee tices wore campensd, Whoo witness first examined + ck! Sees ees Des Eee a ceepuens © S tie botler on Vridayevenits tuero weve this y-ve pound Paap —) ee ead te ; a 6, wn! uo water to be found ia auy of tie cocks; alter Pere gg ape Bade oa) EE ag ge ye biowing off tne sae there was ove and a ult poand re- Murdock) G h New York: ‘Beujar npencer. Uv. B, ibd New York, ——— Barus, Co muiniag; wiler conversing with the engi for sine Tub Ohio, Meaihe, Ga. k, 40th New York: i hited siaies iniaadty, J. Martell, Go. Fy 1th Mascacuu pe remy boamed nist ID ond dis Avi Leac anything i. A, Ca lll, Go. C, 1h Now Work: ©, He ucasy 1, Seth Peomayivenia, J. qralacn, C@. di, 62. Ve: eantas e Hbldeeia, 0. 0, tele Moe kgm, M. Mamet 5, 6th Micaigan, M. Hoyt, Ov A, GW dew Yor wcln, 60. B, eoth Now beak, T. Barus, Co HB, d4th Ww. Beth Now York Voiuuver 8; Campbe!! New York; J. Proc Yes 2 BF. Umberfield, € ot 5oth Pennsylvania, I. W. Wileor, U0. A, 604 Cer» vauia; de Atkins, Co. %, 50th lenweylvanin 4 New York, Robert Uinek, Oo. K, 2 a Jobn Covl, residing at No. 268 Stanton street, deposed as follows =i am also employed as @ private watchin building; TF work tox dir. Kelly, wna go $ rig o'clock in the evening; 1 take charge of a diiecomt part of the — puild- ing from Mr. Halligan, © the preceding witness; @ little Deore seven o'clock, on the evening of the oth fast, Hi cainy to me apparently excited, abdeaid there was no water inthe boiler; he euld there were be- toon tuirty tive and forty pounds of steam on; after re- ocuing a tiitie ho said bo would go aud cousult wu en- dofbie, and in @ few minutes aterwards iat New York cavalry; J. ML sylvania; W. McCreary, Co. #. tain D. braay, Go. By Wu New Yorks J.) Ale Murty, Co. 1, aol New York, 1 New York, W. Hdord, ch. 1. bu Oo. A, Mtb New Yorn ‘Toe. slaloy , Corporat, ‘sn Bi - a » My A? . | giteer, af 1 ors motte tn a ay ad Pednarteauns, | cat back with Mr. cGivera: T soow heard Blowing ow York, 2.0 A, LO, Penssiwy . dee Ek ok W. A Suh, Co. b, 34 | MOF team: asa goueral thing, the engineer leaves > Co, A, 00h New York: W. Wuha te eee NS Nata. cb tty dt Peanes wats bate | Mite aGer six o clock am the evoung, when the engine is stopped wor ky Oe. D, aad Vera, J. Now Flo Moodn, Ue. Kk, Siu Ne — Henterma, Un, A, duu. Baxce (ON ee org 0. Even a New bork , Presiding at 192 Greenwich street ,eworn, fireman at Mr. siugor'’s place, and have K, 4th Verma: J i guie, 2. Veter, Or. 8,608 Ueheayivanme ceeerve: A 4 . i h Wok, Co. ore, Or. &. ist New lian, lo. Phe ew Kook, W. suluam, oo. i, lot | eee ef od there about three months; 1 i York; 6. W. Lovey, (0. , Unt Mexmachusetin. §, vaayivanta carats 4. Dewunaind, 4. h, die Sew | Ree Ovre sues Cook, Co, 3, Ist Mastachaseite, Tf. Norrm, ce. Bie . in F. Atiew.tie. b, Sem New Vora. J. Biwen, oo. tay nis! ted Shod Michigan: 1). O'Brien, , 105th Ponmeyivania; 5. & dies New Yoru, J. Nangewine, Or #, Liuh New Fork, | 4a lett oy yr minutes carte oe afarun, Co. C, 2d Mawie; 1. Kverhert, Ob. 0. 1108 bene 5 eon, Ce. &. VE New Lore, 2 saiege, Corpurai,On. | Ov pom beg { —_ orto pos \ aan sylvauia; G. Frederick, Co, ©, Oe Now York sergenw » eat New York, W, Rawal, Oo, 4, ivid New York he a aewath ee a naw pista, stirr, Co. K, oth sew Yorks H.C, Grown, Oo. 1, 4th Ghee Henge, On, € M. Lynch, Co, F, 24th New York. M. Monier, to. A, ix Virginia: 'F. Murry, Co. D, Shah Meaneyiveria' JW. Any tim, Co. B, 8tb diichigan, M. Ward, det Vagida, W Dray, Co. B, 7th judiaua; G.C, Loere, On. G, duh ew Hampshive; "J. 1. Rovert, Co. G, Sth’ New Hampabies captain Fb. Green, Co. b, 5th New Mampentre. w+ » GRA Pemnmyivain, HW. Lapert Oo. t, id tonmeviowum, fh. inom, do 4, ad New York caval 7. +. Moen Co #, te New dormey 4, Mo Cinwe 4 00. B, Lite | canapinanme rewrve. # barren, Oo, C, ta New detec; 4. ae Mahim, Ov Gute. 3 hs ergot, Gu. A, dime Now York: i Dah Peek apis eee: ve, F aot, de. Dy isck enmayieamin; N. in the boilers, and said thero must be oiug wrong; 1 tried the boiler: ia two of them was w od in two of them noue; f lett the doors belongiag to the boilers without’ wa open ; L got ap steain exo te work the pamp—i thuak about sevea pounds, aud in whieh tho water was 1 " filled up the Garaner, Co. H, 45th Peunsylvania, Seqgeant J. Bare» Ad. Co. C, deh Vitgune. F. Miller, muewian, Ov. BE, Sate pert 4 ¥ Co, H, Ist obio light aruiicty; H. Oret, Go. Ky dst Vic) cow Wook, &. Ruch, Sergoaut, Ue G, Lith reguiars, | Wand I had f oi fae ‘ ". MeCannou, Co. C, Tach New York: Ii, Lister, Co. | _ moCatiogh, uo D, Gad Poumeslvenia, W Madiwn, Oo, | SP4 it sppoared at the seound cock; after 1 had got the #, lat New Jersey; W. Wilden Oo Ne «Oth Now York, W. arin, Os, b, Guth Rew Yorn: &. | Wer wu i considered tt safe to saat the furnace doors, Fk. M. Halsted, Co. D, 000 Mies i Kable. to. G, Oth Now Liatnpebiee, J. Went, Co. F, sath | 80d got ready to work the donkey engine: I thon pumped rT came i hewn tod th: im more waier, the eng! before seven o'clo i: il pout ten nyiaupes giuoer that there had boea no water im the boilers, aud some words passed 21st Massachusetts; BB. Osborn, Co. caneylvania. a. iatlie, Co lr, Lda New Lurk W. bveret, us; W. HL. Thomas, oh, oink Poamayivaws Wh. kal, Co. w, sich New Co. es =Sharpehooters ; . Rouse, ta, W. Me wlan, (8 © Sd New Dork Megiome Gash. - o eae “ Derdee; od. Peleg On, Wb: Mew fay te. b, bets Micugan, A. J. Reowes, to. C, 26ta Peas wg ER ORT al Oe % in, Go. G, 24th New York. J. Merinar, Oo. & be yivansa, ©. b. coubedy, Co. 14,80 Vevtomt, ur Miver, | *! oeseeges tho enginocr thas I } it, Co. A, 9ta Now e Nath Mich.gan A. Wallington, Oo. B, Goch New | (eaxbt tho blow of cock was ope «bed tare, aad | think that the water must have leak through 1: it is not my business to atteud to the ble eG cock; Tubink it is the engineer's; it was some we: bere thint the botler was emptiod through it, and the en- tower eitended vo it Himself: the blow-off cock ts not ja aN exposed position where it is luwbic ( be struck or touched; Ttoid the engincer tual I had filled the boilers; but he did not exainiue them in my prosence; I tried the cocks about five minutes before the explosion, and joond water in two of them; the first thing the englvecr did was tu go to the safety valve with Matligon, aod | heart him scolding the watchman for ia- tenfer| ith ft; at the tine of the explosion 1 was about fitwon foet (rom the boiler, luoiing for @ shovel; 1 thought every Ching war wafe alter the boiier had been tilled; | let the sugineer tn the engine room when I went for tho shovel, alter the expiorion 1 put out the fives as oom ae 1 could; on Friday night we stopped sik o'clock; On New York, J. W Chadeet Hecteut,S. Tattler, Co, B. 6th Pennsylvania reserve: F. A. ii. Mayse, Co. G. 60th Oni New York; ©, A. Squier, Huyner, Co. K, 104th New w York: E.R. Tu . Sirickman, Co. if, Co. ¥, 6b New a a vork, B. Niches, 00 or, € |, Oh Peountivants Sergeant K. Supyier, Co, 1, Ales Pennerivania; 1.3. Rotten, Oo. A, Bist Pecos) ist Peousytvadia, & W. Aver ~, Oo, F th Matue, W. @rosthy Co. ), New Fork butvory Metran, Ve. A, eth New Yoru J. ferred to ¢, ath indian: bi. stevens, Go. It, 0Tth New York, &. 44th New York C ©. Foute, aastoun, Oo. D, call y . rk; N 1, 35th New York; A. J. Suni a : " . Nolan, sergeant, Co. F, jew York: §. Cartinton, sergeant, Co. F, GOth New York; BE. BE. Riddell, Coc. Untioa States Sharpshooters; D. A. Nash, sergeant, Co. 1 60th Now York; J. Shumptue, Co. 1, 60th New Yorks L. H. Hitcheock, Co. H, Ist Ohio artillery, W. Rowe, Oo. G, Sth New Jersey; C. Goodyear, Ce. D, ti New York: 4. Riyal, «ogg “ the engine st the engineer turned Co. C, 80th Pennsylvania: 2. Nelson, Co. D, 60th New " 2 York; J. Albert; Co. 1, 93d Peansyivania; J. Rileworth Satan try the wweser; loft the: Arte en Tons, lator, Co. C, Ist Minnesota; 5. F. Crawford, Oo, A, Txt Michigan dF. pay, Co. 1, 10th Venuryivania reserve: W. gan, Co, C, 1024 New York; N. lby, Co. A, 96th New York; W. Currie, Ca. 1, Oth New York D, 1 ih Now York: N. Wing, Co. 1, Teh Wisconsin ; co, F, Tth Wisconsin; C. 4. Cox, Oo. B, isch Co. Hi, bth Michi lied the ovals back, the furpace doors aud shut F Water was not up to the second eock when ( started the doubey engine, we rally carey about sixty pounds of seus; 'D. B, Wilker, sergeant A wtenca there wore about forty-thh ts; \ , , ~~ forty-three pounds oa that morn. Te Ww Kerstea, Osh A ron Nye dea tug; there wergabout four pounds of stgain on whenfl ar- . , , :K. Greane, Fived oa Paturday morning; the cugineer.geacrally leaves Co. 3), 87th Now York; J. Henalrer, >. ©, dist Permey! vania;J. Good, Co. H. 32d Massachusetts, EB. G. Ghoner Co. G, 20th Massachusetts; H. Faust, Co, K, LLOth Peon sylvania, W. Kelly, Co. B, Ist Virginia; #. S. Kirutlinger, Co, B, 83d Pennsylvania; H. Hf. Battles, Co. ot Jeon sylvanin; W. W. Thompson, Oo, , 88d Pennsylvania: HL Stephens, Co. B, 83d Vennsyivanm, Wm, Me racken, 1. 83d Pennsylvania; C. Sainpson, Co. C, 67th Venmay '- vanda; J. Thompson, Co. B, 99th Meunsylvania: J, Cairey, Go, F, 19th Indiana; W. J. iia, eaptain, Ce, is, 8.at Penusylvanta; J, A. Smith, Co. b, Stu Michigan; C. MoCaigen, Co B, 90th Pennsytvanta; HC. Col oH, 45th Peansylvania,; J. Lewis, ¢ ‘OOth New York: J. H. Barn: ©, 60th New York: . A. Dean, Oo. i, 40h Pennsylvania; J. C. Pagh, Co, G, Ist Virginia; 11. Troupe, Co, C, 8th Michigan; J. 8. Rosecrans, Co. E, 8th Michigan, A. Hil, Co. £,’ 8th Michigan; FE. "H. Case,” Co. FE, 8th’ Michigan; A. L. Farrington, 24 Mame battery; O. Riey, Co. BF, Harris ee a Cames N. Ist, Co. >, 16th Michigan; Joba . i J6th Michigan: Richard Draper, Co. F, 70th New York, 1. H. Morrill, Co. Oth Massachusetts; Samuel Worl, eboat chree of .vur minutes after eis o’cluck, and leaves wo ationd to the fires, and wee that the boilers are rick MeGivern deposed that he was a boilor maker, et work in the Navy Yard, and tived at No. 293 Riving: tow street. Witness was called upou by Halligan, the pri vale watelman,on Saturday evening, to examine tho bottlers in the building of Mewrs. Siuger & Co., and cor- robersted what har already boom testitied to relative to the eeareity of water im (ke boiler and the culjabie con- on of nafety valve, ‘The inquest was bere adjourned until tew o'clock this forewo a, a3 the sare place. Coroners’ Inquests. Parar Rannoan AcmvENTs—As one of the four-horse care of the Hudsen River Railroad was boing siowlY riven fram the Chawbers street depot, on Saturday nigh, fast, & woman, gamed Aon Wind, wag almost tustanily Killed by attempting t cross the track in advance of the revided a4 156 Ao. 1, 1st Virginia; Andrew stevens, » Col, Gin New Nes D, Lamb, Co. ©. 12th Indiana; Ascon car. Vrederick Newkirk, the driver of the car, W. Hanson, Go. Ht, 6th New Hamnpsbiro; W. W. Swoouy, the woman attempting to cross, aud cailed out to her, but Co, B, oth New Jersey; T.C. Haskell, Co. A, 60th New she paid 0 attention te his ing and wae York; J. R. Sheen, Oo. D, 10th Maino; H. , Oo, warning, knocked down K, 36th New York; T, A. Parmer, Co. B, 9th New York; by the horses and the car pasne! over her, mutilating her a M. Badger, Co. 6, 18th Massachusetts; J, Vail, Co. ¢, }~ Ryd, fA One leg and av arin were cachnset ©. Weaton Sth Maseachu- mevered from ber bowels eruxbed out and Let Sanford, Co. K, 18th Massachuneti peal severely freevares. ensued almowt instantly. Co. D, 46th Pennsylvania; H. L. Know! After the \eoraot Maine cavalry: T. A. Kasten. driver applied used every means in his ke, corporal, Co. E : A. Fares prevent the at in vain, A, joth Pennsylvania; J. Redner, Go. D, 2d ‘aptain Mount, of the bad the romaine Brigade; H. Lather, corporal, Co. H, 60th athered wp aod taken Coroner Colton, Go. D, 60th York; 3. Genneman, ey held oo a Pe noe United States infantry; J. B. Lee, The evitewse went J oer. Y rgeant, Cr. i, a4 Vermont; . me wo 7s verdict 0; F. Wepet, Ge, 2.08 Peneey 3 de me, % sod Bursch, vorgeant, Co, HM, 2d Michigan; J. W. Britiell, Co. | noi: H. Binns, Co. b mative G, With New York; PB. F. Nihon bee 52th New York; | Httighing, Co, ©, Let ving 44th New York, W: M. Cosity, Co. C, s8th > Peonsyivanim; D, Galiyer. Wright, Go. , 6th Ponneylvania 2 Mills, Co, H, 884 Ponnsyivania, $ Jadking, ce | Massachuretis; W. Hempiti, Co. C, 666 | orumy ivan Carson, Co. C, bth reousyivanis, M. Cavenangh, 2tth New York; C, Wails, Co. A, 224 Massach Ff, Curran, Oo. 6 Maseachunotts, J. August, Co. K, Chiton, CO. F, Gath New York D, tain Masrach. otte Cn. 20ch indiana; @. A. Watson, Oo. ¥, sb if, Co.D, 2d United States imanuy; FE. Manke, Co, D, 24 United States infantry, W. ©, Hick man, (0.1, 6th Ohio; A. L. Donovan, Co. G, 6th Ohio; W. B. Nelaon, Co. ot Penneyivania, HM. Herps, Go. c, 28 Virginia; J. Chase, drummer, Oo, 1, 61st Pennsyivaniy; F. Nelson, Co. B, 2lat Massachuretts; J. Butier, Co. 1, dun United States Infantry; J. 00. G, 4th United staves infantry; G, 4th United States infantry G. BY invantry; R. Godfrey, Co. C, 224 Maa. % Doan, Co, C, 22d Massuchurette . New York; R. Nicholson, orge: Reary, Co, F, Goth B stickney, Gv. C, Michigan; J. Ambr agn, wae run over at the tnd Forty eoeond street by a luieoo Haver Katiroad cars. le was ured tuat death ensued immediately after Botlevue Hoepiial by Uicer Kelly, of the Feemueth ward police, The left erm of the deceased was severed from bis boy, and his rkall severely frace tured. Janeen, it t seht. had Beon once oF twice ojected from tbe Uraim' lower down on the road, but, wetting ebverd agen, attempted © leave tee cars witile the train oe in motion, when he foil om the track before the 1, whieb pasred over and k lied him : Firth, ©o. A, A, 4b United States infantry; eth Ni ; Gaudioy , Co. H, 1084 Now York we Deceased lived Adams, ©, dik; N. Walton, CO, A, 4th United States infaniry, & | New York, T. : ~ ” Yor 00 C, 105th New Yor! Waltmoyer, corneal, ner, Co K, 10% Peunsytvania; J. Smith —< berg, N.J., where be ore * ne ivania reserve; K. Robinson, Co. &, 34 | mont; J Piebro, Co D, pay sng T Hi, 2d Maryland battery; N York; it. Beumileld, Co.'B, Ist Vermont cavalry; now B, ist Vermont eavary; 8. Pogh, Oo. G, Bet Ver motit cavalry ; 11. Mimey, Oo. |, 2ist New Work: J. Murray, Go. 1, 24d NewYork; J. Davie, Co I, 8th Michigan 1. O'New, Go, i, 109th Pennsylvania, C. Hanne, Co. B, 40h New York; Ix entnuiler, Co. H, 46th New York; ©. Bhater, Co Hi, Vth New York; Corporat Wim, Holmen, Co. F, 17 Unired states, Win. Quinn, Oo. F, 17th Uniced Keates! Jen. erin, battery F, ot United States artillery; Predt. W. judg. Wewery F, Oth Unived States artillery; L. Whit Daiialion 14th Unived States infantry; @, Pacterson, Co. C, w York; &. A. Ls wer Ag K, = Cafirey , Cv. ©, 3 ud: TT. Gaimb! pee Go. F, Tth Michigan? Moral Co. 10, 16th Michigan; H. is. ‘Bredway, ts. % ‘ansyivania rerorve; J. H. Smith, sorgouit, Co « York, J. H. Tyke, Go. G, tha gergeint, Go. G, let battalion 171% Bor Drowxen —Coroner Wiidey beld an inquest yer- torday at the Thied ward ptation hours on the body of an unknown boy, about eleven years of age, who was found Goating in the deck foot of Barclay street, North fiver. The body het apparently boon in the water about three oF four days. Deosseed was dresse! in dark cont aod pants, no © Tadia robber shoes, bur no sieckings. There were ty marks of violence ou the bouy Vat yivaatas setts: Je A. ,Boser, Co. B, Uo. I, Gist Now Yoru, & 1. @, Har vain Gl states thfantey, F, W. Mulor, Co. K, 83d J. Uittie, Co. Ay 1Lta Mass Let Masenchusetts; A. Macki AR 5 i . Ast yo a Shales J. Vancamp, Co. fd 0. Godfrey, Cv. Hf, 834 PenusPlvanls, ‘0. H, 834 Founsylvabia; W. thayer, Co. Hi, 88d son, Co. 1, 2d Pennsylvania: W. Bounctt, ¢0, 1, 83d Pennsylvania; J. Michier, Co. D, 12th 6th Miche; R. Hutt, Lilo, Go. C, 24 Michigan sharp- Hanson,’ 1st Now’ Hamshire battery; F. Boylan, CoE, 16th Michigan, K, Welsh. Go. J, 624 Ponmrylvania, Se j r+ The Coroner's Investigation—I nteresting Statement ef Private Watchman Hal” lgan—Singuiar Condition of » Safety ‘The investigation into the circumstances attending the the explosion of beter tn Singer & Co.'s building, at the foot of Delancey street, on Saturday morning, was commenced at the New York yoaterday was quite voluminous, but interesting The statement of Halligan, the private watchman, capecially. is worthy of under the boiler, witncas considered it to unsafe to be went inte operation, aud at ie sully since @VPTY One knew thet i would operm ton on the Ist.of August, It cannot, thercfore, be pretended that the aricles which ore now being were ordered im the that they would be admitiod under the old pared to buy freely, and they are consequently bound to supply the demand, Lesding articles dry goods and general merchandise to 75 per cent within @ year; yet the scarcely curtailed their ceptible degree. The fact recalls to ment which has frequently been column—namely, that tariffs never material iufluence upon the volume of portations into this country, but that thas volume is directly and exclusively dependent upon the amommt of the bank discounts. Whenever money Jis easy, and the banka are free lenders, importationa will increase, what, ever the tariff may be. We are now wituessing @ remarkablo illustration of the truth of this state- ment. The tariil of 1862 was iramed for the di- rect purpose of excluding such foreign goods as were not necessaries of life. The duties were raised to a point which led the importers to de- clare that their trade was irretrievably ruined. Fereign manufacturers urged their governmenta to interfere in our waton the ground that ear tariff shut them out from our markets, Th the face of ail this we discover that we are importing aa much as usual at this seasoa—considerably more than we imported at the corresponding perieds of. 1861 and 1860. The fact should not be lost upom Congress. Our tariif—especially in regard te manufactured gvods--will bear a further in- crease. So long as money remains easy, aud profits are made by trading cithor with government or with individuals, people will continue to consume foreign goods om much the same scale as formerly. The duties may be raised 26 a 33 per cent more without any rea- sousbie proepect of loss of revenue. It will be remarked that, notwithstanding the steady increase in our imports, and the progressive decrease in our exports, our aggregate exporte- tions of merchandise, produce and) coins for the year to dase exceed our aggregate iaportations by some ten millions of dollars. Had there been no export of Ameri¢an stocks from Europe, we should now have been by this smount creditors of the world at large. ‘Tie priceof siocks an@tie pre- mium on gold have checked the import of stocks for the present; within the past. month a large amount of American securities have been sent abroad. Tie following are the official tables of the foreign trade of the port for the weék aid since Jon. 1:— Por the week, Dry pods... General me:vhandise, risen He hy FEE 1868. 273.206 BE2SOL 2, 466.216 Exvorts oF Paovucr AND MERCHANi 1860. 1861. For the. week... 863,467 2,705,547 Proviousiy reported, 3408 83,001,431 Since January 1.... $60,456,915 86,606,978 Exroris or Sreci, 1689. 1861. For the weok.... ‘$1195 ,893 Sed Previously reported.. 33,407,226 6,227,560 Since January 1.... $29,606,118 6,827,560 41,398,218 ‘The banks last Monday showed a specie average of $35,640,954, being an increase of $51,493 from the week previons; a deposits average of $141,971, T41, being a decrease of $1,375,599; and a loans average of $158,278,552, being an incrpase of $5,422,348. The statement which will be made up to-morrow will probably show a small.decrease of deposits, and a saoderate increase in both the specic and the loans dcpartments. The bank move- ment attracts general attention at present, as it serves in a measure to guage the ebb and flow of public confidence. Under ordinary circumstances, in the absence of any demand for capital in the interior, money must flow to this city for such empioyment as may be offered in Wallstreet. This movement, however, is liabie en the ouehand to be checked by distrust produced by military disasters; on the other, to be accelerated by panica produced by rebel raids. In parts of the West people are sending their money to New York for safety. Elscowhere capitalists are keeping their means idle at home, for fear of monetary panics. The banks are understood to have been free buyers of gov- ernment securities at the recent decline. They find it irapossible to employ their deposits in mer- cantile paper. There is so little mercantile paper making, and the note brokers bid so high for what- ever prime paper is set afloat, that the banks are compelled to deal in government securities for the suke of earning dividends. The specie reserve continues to increase. The banks now hold far more specie than they would if business were active and the war at anend. A large proportion of the reserve consists of special deposits, it is true; but tPall practical intents and purposes these special deposits serve the samc end as @ bank reserve fund. When our armics resume the offensive with a reasonable prospect of success, specie will fall #o quickly that special depositors will make haste to sell, and the coin will soon find its way back to bank as a general deposit. The British papers continue to harp upon the “final crash” which awaits the finances of thia country, and expatiate with touching sympathy upon the forthcoming collapse of our system. In this country, where the principles of that system are rather better understood than they are abroad, and where every man has been made by the legal tender act an underwriter of the national curreney, no alarm whatever is felt respecting the future; and Mr. Chase, the founder of the new regime, is universally held to be the worthy sac- cessor of Morris and Hamilton. It was beyond question the intention of the framers of the consti- tution that the general government should furnish te the people of the United States a uniform cur. rency, not liable to depreciation, not subject to repudiation, and at par everywhere, Circum- stances which need not be recapitulated here pre- vented the general government from exercising the full powers confided to it by the constitution, A specie currency, uniform and beyond suspicion, was supplied by the United States. But the mach more important currency, consisting of paper and representing credit, was loft to be manufac. tared by private corporations throughout the country. The conseqnence was a heterogeneous, complicated and variable flood of paper—at par im the banking house where it was manufactured, and generally at a discount everywhere else; liable to be counterfeited by any engraver, affording im- finite opportunities for swindling to bank mongers and amounting in effect to a standing tax upon the operations of iaternal commerce, Lt is safe tasay 39,