The New York Herald Newspaper, December 9, 1862, Page 4

NEW YORK HERALD. | samme qonDoy Bsnvesf, £D1TOR AND PROVRIETOR. ~ “eh ERNCSEUDE Y Orion W. W. OoRNKK OF FULTON AND NASSAU STB, TERMS cash in aivaace. Money seat by mail wil be ‘6 the risk of the seader, Nove but Bank bills curreat in Now York taken, THE DAILY HBRALD, Taree cents per copy. THE WEEKLY H&KALD. every Swurday, at Frvs cents Per copy. Aunua! subsoript ‘Three Copies. Five Copies. . ‘Tem Gopies............ severe os Any larger number, addressed to namos of S1 92 50 each. An extra copy will be sent to every club of fen. Twenty copies, to one address, one year. $35, and any larger number at same price. An extra copy will be went to clubs of twenty. These rats make the Wenx.y Human the cheapyst puliication in the country ‘The Evgorzan Kpinion, every Wednesday, at Five cents per copy: $4 per annum to any part of Grout britain, or 96.13 toany part of the Con:inent, byth to tuclude Postago. ‘The Cauronma Errzox, on the Ist, 11th and 21st of each month, at Sex cents per copy, or $3 per annum AvYemmmnaTs, to a limited number, will be inserted fm the Wamxty Hxrazp, and in the Kuropean and Uai- fornia Editions. VOLUNTARY COR%ESPONDENCE, containing import, ant news, sukcite! from any quarter of the world, if used, will be libercly paid for, sg Ova Porwon Cor- RESPONDENTS ARS PARTICULARLY RRYUESTED TO SEAL ALL LST: ‘TERA AND PAUKA. gKNT UB. NO NOTICE taken of asonymons correspondence. Wo do not retu AMUSEMENTS THIS EVENING. ACADEMY OF MUSIO, Irving Place. itactiy OPeka— Om a. NIB! D'S GARDEN, Broadway.—Epita, on tae Ban's eM * WALLACK’S THEATRE, Broxdway—Scmoo. ror Scan- DAL. WINTER GARDEN. Broudway.—Borx to Goop Luex— Hove at Sevitix—!'urciovs Betsy. ‘ LAURA KEENK’S ATRE. Broadway.—Bionperte. NEW BOWERY THEATRE, Bowe: ReQUIM JACK SHS PEA GD—=KOKERT Le STRANGER—Ll4R- BOWERY THEATRE, Bowory.—Dxui. Rincer oF Sr. Paus s—AsrHops.—avappis. GERMAN OPERA Hi Broadway.—S, B Mitts’ Vo" ar) AND INE CRNTAL CoNCE BAKNUM'S AMERIC MUSEUM, Sroadway.—-Dnes. RACH S RRVOR 1 G Por eerrrrcemay Drama, CouLeRn Bows, at S und 73 ¢ cle BRYANTS' MINSTRELS! Mect woy.—Erm Nimo THe ‘ea’ Hall, 473 Broad- N SONGS BUKLESYUES, Dances, &C.— N+ RAK. WOOD'S MINSTREL HALL, 514 Brosdway.—Eratortam 8, Laces &¢.—Tux R PALACE OF MUSIC, Fourt-ont? street.—Cameoetu’s wrenis—Sonas, Daxcxs avi Brairs.ves. IRVING HALL, Irving pluce.—Trcausa Carasxo’s Con- ourr. AMERICAN MUSIC HAUL 444 Broadway.—Ba:- kets, Pawrocimks, BURLESUUK: GAIETIES CONCERY HALL, 615 Broadway. —Duawina Roou Evintia sakaes. NOVELTY GALLERY OF ARF, 616 Broudway, PARISIAN CABINET OF WONDERS. 563 Broadway. = mdaily irom WA. Motto iM BOOLEY'S OPERA HO Brookly.—-Ermortas Bowes, Dances, BuRLesyues &e e, New York, Tuesday, December 9, 1862, * £ THE SITUATION. The government would seem to contemplate the fmtroduction of a new financial policy, if we can judge frow the resolutions introduced into Con- Gress yesterday by Mr. Stevens, of Pennsylvania, Chairman of the Committee of Ways_and Means. He reported a bill which provides for the issue by Mr. Chase of o thousand millions of United States bonda, similar iv amount and form to those autho. rized by the act approved February 25, 1462, with gatorest payable semi-unpuaslly inthe lawful money of the United States, and the principal payable in twenty years in gold ur silver coin of the United States; ulsu ty issue tees! tender notea of the ited States, the amount vot te exceed, with those aiteady authorized, five hundred millions, to enale ia to evil in all the tive twenty. aud sever -tiirty Treasury bonds vow in circulation and eance! them, and authorizing him to redeem the dinited States regal tender notes held as a loan snd bearing ioterest. The law authorizing snch onus ia to be repealed. The bill aims at the virtual suppression of the banka by the imposition of a tax of filty per cent ayon all their cireulation over one half the amount of their capital paid in, to go into operation nine ty days after the passage of the bill. Notwithstanding the severity of the weather and the difficulty of getting up supplies, owing to the ice in Aquisand Potomac crecks, the condi- tion of the arniy for at least tweive days abead, so “far a8 provivions are concerned, is perfectly Ovr men still suffer, however, from the cold very severely. Many of the regiments are engaged puttiog up wooden huts for shelter )iicera who arrived from the army yesterday say that the weather and the condition of the roads sod oreeks are such as to prevent any movement \t present. According to the Richmond papers of yesterday heavy akirmishing occurred in the neighborhood of Port Royal on Saturday, and that much activity as observed tn the front of our army. The ‘ebels. gays the same authority —were everywhere vat nader orders to move at the shortest notice’ News reached Richmond that # number of Union vessels nailed from Hilton Head on Friday, it was wpposed for Georgetown or Wilmington, N.C., that eon cha ame evening sevemsl others passed “pariceton going ecutbware, and that five more erpesred of Charleston bar and six off Stopo Poot on Sonday morning. Hence the alarm and activity in the rebel army. [i will be seen by our Fortress Monroe corre- spondence that the portion of the expedition supposed to belong to General Banke which had been lying there for along time bad gone to sea. These are probably the vessels reported as seen off Charleston, and if 60, it would seem to indicate secure. a Southern point of destination for the grand expedition The Union arme which have been so long suc- cesstu! iy Che West at last met with « disaster a Bort Temneseee, on Saturday. From the niet chy our possession it appears that the ee tayde Gn attack upon the tr fe wmnded by G | Moore ab thay e bioh consisted of One Hunlred and ' woge) Moore romentuding beis + pom, gade; One Hundred and Sixth Ohio, Colonel | Lafel; One Hundred aud Eighth Obiq, Colonel Limberg; Nicklen's battery aad a small de- tachment of the Second Indians cavalry. After fighting an hour and @ anyter our forces surren- pored, and the enemy burned our camp, apturing ‘Ythe brigade, train and teams, and burn- nearly 224 bs ; . cquid not carry away. Two ganas ing what they e of 1's battery Ure also captured, Our loss was between fifty and sixty Yed and wounded, | who were left on the field. ‘The rebel loss is not reported, Morgan's force consisted of three regi- ments of cavalry and two f infantry, It was said that Morgan made another attack upon Gen. Fry's position at Gallatin the same afternoon, but met with a serious repulse. Gen. Fry was speedily re- inforced, and pursued the enemy. It would ap- ri -pear that in the attack at Hartsville some of our | troops behaved badly, while others fought gallunt- | ly to the last. fe | A deserter from Murfreesboro reports the rebel | Generals Cheatham and Breckinridge there with 15,000 men, Buckner at Shelbyville, and Kirby Suwith sick at Manchester. General Joe Johnston it is suid, was certainly at Murfreesboro on Satur. day. . Despatches from St. Louis yesterday state ad. vices have been received there from the South west to the effect that the rebels under Genorals Hindman and Marmaduke, 25,000 strong, attempted to force General Blunt’s position at Cane Hill, Ark., on Saturday, but were driven back. Next morning the rebels drove General Blunt’s pickets three miles; but on the arrival of reinforcements the rebels were again driven back. he opinion of General Blunt is that the demou- stration of the rebels was made to cover their re- reat, as they were felling timber all night, proba- bly to obstruct the road and prevent pursuit. tseneral Blunt's forces have held the rebels in check for four days. CONGRESS. In the Senate yesterday, the Bank-upt bil taken up and made the special order for Tlurs- day, the 18th inst. The House bill requiring pay- ment ‘in gold ahd silver for satisfaction of judg- ments in certain suits brought by the United The Military Committee were instructed to inquire into the expediency of pro- States. was passed. viding by law for the more effectual suppression of the rebellion and securing tranquillity in Mary- land. A resolution to extend the call for all papers relating to the operations of the Army of the Potomac, so as to embraco all operations since the tirst movement of that army, was adopted. A bill providing tor the development of tle mineral resources of tue puble domain was intreduced by Mr. Latham, and referred. . Resolutions calling: on the Secretary of War for the number of Major and Brigadier Generals in the service, and where and how they are employed, also the number and ranks of aids-de-camp, were adopted. Mr, Sauls. bury calicd up the resolution relating to arrests ia Delaware, but objection was made to its con- sderation, and after some conversation the sub. ject was dropped. Mr. Davis introduced a joint resolution proposing amendments to the constita- tion in reference to the mode of electing the President and Vice President. Mr. Davis’ plan is given in onr report of the Congressional proceed- ings. After an executive session the Sendte adjonrned. ; In the House of Representatives the Chairman of the Committee of Ways and Means introduced the new financial plan of the government. Tt pro- vides for the redemption aud cancellation of the 5.20 and 7.30 bonds, the redemption of the interest bearing legal tender notes, and an issue of 21,000,000,000 bonds and $500,000,000 legal tender not! It also assesses @ heavy tax on bank circulation. The Bankrupt bill was made the special order for the 18th inst. The’ Standing Committees were announced. The changes trom last:year are unimportant. The President was re- quested, if not incompatible with the public interests, to transmit to the House the lest officiay report of General Buell. Mr. a bill to indemnify the President and other sons for suspending the privilege of the wv habeas corpus and for all acts done in pursuance thereof, and after some manceuvering the previous question was ordered, and the bill passed by a rote of ninety against forty-five. Mr. Van Wyck intro. duced a bill to provide for the immediate piyment- of clothing lost in service by soldiers of the United States army; also @ bill increasing the pay of privates, non-commissioned offic aud musicians, Both bills were referred to the Committee on Military Affairs. Mr, Wickliffe introduced a@ bill for the protection and relief of persons in loyal States whose props has been seized or stolen by United States officers, it was referred to the Judiciary Committee. On motion of Mr. McKnight, the Committee of Ways and Means was instructed to inqvir into the expediency of modifying the Tax law ¥o as to dispense with the tex on advertisements. The Vresident’s Message was referred to the various Standing Committees; and several other subjects of minor importance were appropriately disposed of, MISCELLANEOUS NEWS. The court martial for the trial of General Buell suspended its labors for the present in Cincinnati on the 5th instant, and the members of the com- mission took their departure for Louisville, where they were to convene and remain in session two or three days, and then adjourn to NashviMe, They will then return to Cincinnati to conclude their labors. The principal object in going to Nashville is to obtain the testimony of General Alexander McD. McCook, General Rousseau and other officers of General Rosecrans’ army, who cannot be spared from their commands. The Board of Aldermen met yesterday alter noon at one o'clock. A proposition to increase the salary of the Superintendent of Contracts in th Croton Department to $2,000 per annum was laid over. The sum of $1,000 to purchase a likeness of Thomas Jefferson for the City Hall was lost for want of a constitutional vote. After disposing-of some routine business the Board took a recess until six o'clock in the evening. At the evening session the salary of the Register ef Water Rents was raised to $2,500 per snnum; Depaty Hegister to £2,000; of the Clerk and Chief Clerk to $2,000 each; also the salary of the President ot the Cro- ton Board to $5,000. The resolution of the Coun- cilmen authorizing the Comptrolier to parclase the Fort Gansevoort property st an expense of aver half a million of dollars was veceived and laid ¢ Cinder over. Alderman Boole offered a resolution direct ing the Finance Committee to make 6 thorough investigation of the accounts of the Central Park } Commission before the issue of & further amount of stock should be acted upon, which was adopted. | Tho Board adjourned to one o'olock to-day. in the Board of Councilmen Jast evening a large number Of papors-were received from the | Bostd of Aldermen und ¢onenrred tp. ‘The reao- lution to appropriate the eam of $50,000, to be applied towards the erection of a sew Roman Catholie Orphan Asylum, wae Feceived and” lata over, ‘The resolution to appropriate the sum of $00 to purchase @ stand of colors for the Twelfth regiment New York State Militia was again laid over. The eum of $978 43 was donated for*the purpose of paying taxes now due pm St. Gabripi's cburch. A resolution of concurrence was ado} ed directing the Comptrolier to pay to the widow of the late Thomas Byrnes tho balnnss his sulary duo to the Is} of gJanuere ‘next, as Com- missioner of Jiands and Places. ‘The resolution to purchi+% 9 sword, sash and belt, at an ox: Pense Of 3300, for presentation to Major General el was again laid over. A resolution was Adopted to increase the salaries of the President, Register and Deputy Register of the Croton Aque- duct Department, by a vote of fourteen in the slirmative to six in the negative, Tue resolution to purchase the Fort Gausevoort properly from James B. Saylor, at an expense of $533,437 50 was, after some debate, adopted, by a vote of fifteen in the affirmative toseven in the negative. The Board adjourned until Tkursday evening next. at four o'clock. In the Court of General Sessions yesterday, be- fore Recorder Hotfman, @ man named William Dunn, hailing from the State of New Jersey, was ind.cled for an attempt at illegal voting in offering to voto ia the Thirteenth ward of this city at the tate te election. The jury, after remaining out for sume time, failed"to agree in their verdict. The prisoner was accordingly discharged, and went on lus way rejoicing. * The promotion of Brigadier Gonéral- Meade to bea major general will be received with great , Isaatistaction by our community, where he is widely known aud esteemed. General Meade well de- served his promotion by his gallant conduct in deading the Pennsylvania Reserves after the cap- ture of General McCall on the peninsula, and by the signal bravery and skill which he displayed at Antietam while in charge of General Hooker's di- vision after that gallant commander had received his unfortunate wound. A telegraphic despatch, dated on the 8th of De- cember, at nine o’clock A. M., from Titusville, states that 400,000 gallons of petroleum oil were lost by the ice cutting through the boats on the ri- ver on their way to Pittsburg. The shock of an earthquake was, felt at Evans+ ville, Indiana, on the 30th ult. It lasted from three to five seconds, and was so severe as to ring door bells and cause @ sensible shaking of buildin$a. Mr. Norman, editor of the New Albany, Ind., Ledger, who was arrested for publishing the de- tails in regard to the Mississippi river expedition, has been “found not guilty; but warned not to do it again. The Ledger is a republican paper. ‘Tue Orphans’ Farm School at Zelienople, But- fer county, Pa., was burned on the 6th inst. The children were saved. The buildings, costing $25,000, with the furniture, provisions, clothing, &c., were totally consumed. About two hundred and fifty men belonging to the Twelfth regiment of Kansas, under Col. Adams, having been pretty extensively engaged in nigger stealing in Missouri, were brought to a halt on the 28th ult., in Jackson codnty, by Gen. Vaughan, of the State militia, having under his command about one thousand men. The jay- hawkers refused to give up the slaves they had in their possession, and were only brought to a sense of their position by Gen. Vaughan planting his artillery in a position to do damage. The Colonel and Lieutenant Colonel of the regiment were ar- rested, and the balance of the men ordered out of the State. The lakes in the Central Park are covered with a good sheet of ice, but not yet of sufficient thick- nesa to allow of skating. The ice on Beekman's Pond was iu fair condition yesterday, and was weil patronized by both male and female skaters. The ice on the flats near Yorkville and Harlem aiso had their patrons, in the shape of folks on runners. Polish up your skates, friends, for the good time is coming. Seventeen suits have been commenced ‘at Nor- folk against the Wise family, consisting of Henry A., John J. H., George D. and O. Jénnings, for the recovery of debts varying in amounts from two hundred and fifty to one thousand dollars. The etock market was dull yesterday, without avy ma* terial change in prices. Gold fluctuated between 1314 and 131%, closing late in the day at 131%. Exehange fluctuated between 145 and 146. Boney was in good de- mand at 6 per cent, The bank statement.shows a de- crease of $5,590,939 im deposits, $1,473,407 in loans, and $286,218 in specie. The cotton market was very dull and prices were nomi nally @ trifle lower yesterday, The movements in bread stuffs were more extensive, having embraced sales of nearly 25,000 bbls. flour at a partial rise of Ge.; 160,000 bushels wheat at a shade firmer rates, and 180, 000 bushels corn at an advance of lc. There was also considesablo activity in provisions, mess pork closing as Ligh ar $13 51 $13 50. Rie coffee sold to the extent of 1,000 bage at full prices. New Orleans molasses was in tore request. Sugars, rice, spices, {ron, lead, tin, tobac- co and whiskey were very sparingly inquired for. There was ® rauch lighter freight business reported. were no temurkakle changes in other departments of trade. Progress of the War—Richmond | the Heart of the Rebellion. From several late reports from the Southern coast it would appear, after all, that neither Norfolk, nor Suffolk, nor the James river is the destination of the Banks expedition; that some of ,his ships have passed by Fortress Monroe with their heads still to the southward, and that the rebels of South Carolina, from the departure of a federal fleet from Port Royal, conjecture that Wilmington, N. C., is in danger. But whatever may be his real point of destina- tion, we confess that the absence of any intelli- gence of the arrival of any of his ships in Hampton Roads causes us some degree of dis- appointment. 2 i! From thig Banks expedition, united to the forces in the neighborhdod of Fortress Monroe under General Dix, and with an assisting fleet of gunboats, we had anticipated a powerful movement up the James river for Richmond, in co-operation with the advance of General Burnside’s army from the North. It may be that such a movement is still designed in sup- port of General Burnside; but the reports aforesaid concerning the Banks expedition lead to the conclusion that if any such side advance is to be made it will only be a diversion, and not the positive, active and formidable enter- prise we had expected. Accordingly. under this iuodifled condition of the Virginia campaign, our late confident anticipations of the speedy expulsion of Jeff. Davis from Richmond, cease to be applicable. We must now depend upon the developments of the next two or three weeks and upon the weather, and upon the chances of active and efficient pssistance to General Burnside from the War Office and its eral bureaus. That he has been unneces- sarily delayed by dilatory or blundering offi. cinls in the matter of supplies, pontoon trains ond transportation, we have no donbt. It is onty the old but undeniable story of the Penin- vwar and Maryland campaigns over again, ich a state of things we cannot promixe that Genera) Burnside will advance beyond the | Rappahataock within’ a week, a fortnight, or a mouth. The disentangling of the red tape of | the War Office may, perhaps, consume the whole winter. events and past experience. ‘Inround aumbers we have a million of men in the field, distributed around the entire circle | of the rebellion, and scattered about at so many pointe supposed to be essential to hold or to capture, that Burnside’s army (under estimates by the rebels at one hundred and ten thousand men), seems to be the whole active force that can be spated for Richmond. Meantime the Banke expedition, sailing by the James #! river, reminds us of the great expedition to Port Roya, from Fortress | yendezvous was Norfolk, which Dupont» 2° | and Sherman's land forces could have takea fa ; two hours} or, with the rebol fray of Virginig encamped at Munasans these land and naval forces from Hampton Roads could have moved right on up the river to Richmond, for the city was then without fortifications on its land or water approaches. Are we to have the same thing over again, as the frittering away of our vast resources upon ‘grand and costly expe li- tions to the remote extremities of the south, resulting in no compensating advantages? or are we really to bave this winter an overwhelm- ing blow aimed at Richmond? General McClellan, in his letter to General Halleck from Harrison’s Landing, pleading against the recail of his army from that com” manding position, and begging for reinforce- mente which might have been furnished to enable him to move forward at once, in conjunction withthe gunboats of Commodore Wilkes, upon Richmond—General .Mc€lellan, in - that earnest and prophetic letter, very truly says:—‘Here, directly. in front of this.army is the heart of the: rebellion. It is here that all our resources should be collected to strike the blow | which will determine the fate -of this na- tion. All points of secomdfary importance elsewhere should be abandoned, and every available man brought here. A decided victo- ry here, and the military strength of the rebel” lion is crushed.” This has been our plea since the establishment of the rebel yovernYhent: at Richmond. If its’ defensive army amounts to one hundred and fifty thousand men, we would ‘follow it up from the front with an army of two hundred thousand, and with a suprorting flank movement by a hundred thousand more, in order to make quick and certain work; and to do this we would, if necessary, “abandon all points of secondary importance elsewhere,” because the vital eentre carries with it the extremities. We have the fullest confidence in General Burnside and his splendid army; we are sure that President Lincoln is thoroughly devoted to that army, its leader, and the great end in view; but we are not so sure that this end will be accomplished under the present incompetent management of the different brauches of the War Office, or while the capture of Richmond is made to depend upon great experimental diversions to distant places of little or nu im- portance. We call upon the President-to aban- don “all secondary points elsewhere,” and to move in overwhelming strength upon Rich- mond, “the heart of the rebellion.” Attack on Mi. Seward by the World— That Journal Going Uver te the Radi- ca! In commenting on the diplomatic correspon- dence between Mr. Seward and Mr. Adams, our Minister at the British Court, the World news_ paper takes occasion to assail the Secretary of State, and thus to make common cause with the radicals in and out of the Cabinet, who never cease to abuse him for bis conservative views. Mr. Seward is the only man connected with the administration whubas been successful in his own department. Hence the enmity and jealousy of his radical colleagues, into whose hands the World is playing. The World is a curious journal and has a strange history. It was started under the auspices of Puritanical piety. Like Joseph Sur- face, it was a model of Christian sentiment; but it soon fell into sin, and the clergy and other devout supporters of the Godly sheet lost their money. It became, indeed, an egregious sinner, the corrupt instrument of the War De- partment, the sider and abettor of all the fat jobs of Cameron and Cummings. It next turned up under a different regime. Last sum- We can only judge from passing | mer it became the organ of Mozart Hall, and has since been controlled by that distinguished politician, Fernando Wood. It is now sold out to Barlow and Belmont, two money brokers of Wall street, and is joining hands with the organs of the radicals in their attacks on Mr, Seward. His diplomatic correspondence is the pre- text. Itis true there are some apparent dis- crepancies in a correspondence so voluminous wnd running overa year of varying fortunes, ’ But every letier of Mr. Seward shows that he had but one aim, one object, and that was to pre_ vent foreign intervention in our affairs. And he has been emineitly successful. There can be no doubt but that for the ability be has dis- played in managing our relations with the Pow- ers of Europe we would have had long since a foreign, in addition to a domestic, war upon our hands. Not only would the Southern con- federacy have been recognized, but the recog. nition would have been maintained by armed intervention. Mr.Seward convinced those Pow- ers that it would not be for their interests to meddle in our uarrel, and if the War and Navy Departments had only done their duty as well as Mr. Seward they would now have no excuse to interfere. If the heads of these de- partments, including the General-in-Chief, will do their duty to the country even now, the armies of the rebellion will be crushed in the field within the next two montha But of this we cannot be very confident after the lessons of disappointment we have already learned. It appears from one of the letters of Mr. Adams that the English talk of doing something start- ling in February. By that time they will have geen how the proclamation of the President works, and Parliament will have met. But they had better let us alone. They will have enough to do to mind their own business. We can take care of ours. As for the emancipation proclamation, about which so much fuss tf» made, and as to which | there is a variance of opinion in Mr. Seward’s correspondence written last February and that | which he has recently despatched to Mr. Adams, | it was believed in the beginning of the year that the rebellion could be speedily put down, and the war concluded without resorting to ) such a doubtful measure. But the failures of campaigns—caused by the thwarting and baffling | of the Union generals by the intrigues of the | radicale—afforded the latter the opportunity they desired of bringing a violent pressure to bear upon the President, a0 as to induce him to issue the coveted proclamation. Now the only value of it, 08 far as'foreign governments are con. cerned, is to take out of the mouths of the cant- | ing hypocrites of Exeter Hall the inputation that the President is not true to liberty. It has not diminished the secret hostility of the British aristocracy to the United States, but it has mo- derated its expression in the case of some, while on the part of others it is made a text for new and fiercer onslanghts. Its use in the United States is not what it may do after the Ist of January in the South, but what it may effeat jn the interim at the North. It wag in- eT pores | ‘Monroe, when right neross the water (om that | partially successful. The echoes et. eee epic ae ieee eS SS Es ee SS eee ee a ees NEW YORK. HERALD, TUESDAY, DECEMBER, 9, 1862. tended as a sop to bush the barking of the abo- lition Cerberus, and in that it bas only been ésident, however, chonght it was Ai Bxpériment worth trying. Besides, the radicals held the purse of the na- tioggnd could stop the war by stopping the “3 é on the entities, as ¢0 ite expected effect on Te Ss s th, Mr Lincofa” declared that he expec 3 jouth, ‘incoln me . reason is obvious. none whatever from it, The. at where the A proclamation, can only take e€0v. armies are in a position te earry it ou. 4 wise it is a mere brutum filmen, A few ». *Y*S may be emancipated in consequence of it here and there, but the institution will remain intact. Neither the President nor Congress have any logal or constitutional power to abolish stuvery in the Southern States. It ig a purely State matter, over which federal jurisdiction docs not exist. If the rebuls are not conquered, then the proclamation can have no effect. If they are conquered and the Union restored, the proclamation is null and void. Mr. Lin- coln has well said that slave property is as truly property under the constituiion as any other property. but the constitution defines treason and prescribes the mode of punishing it. No citizen can be pronounced a traitor til he is. tried and convicted in a civil court bav- ing lawful jurisdiction in the district where the offence is committed. Treason against the United States consists in taking up arms against the government and in giving ad and contfort to the cuemy; and the coustitution ex- preasly provides thut the forteiture of property can only be for the | fetime of the convicted, and cannot affect his heirs Whole commanr ties cannot be legally made traiters by procla_ mation nor their property seized and confis. cated; and if Congress pissed fity liws on the subject they would have no tegal effi 5 Consequent'y if siave property should be taken away from citizens of the United Siates by generals of the army, in virtue of the proclamiion of the Presi- dent, the property must be restored or paid for by the United, States government, unless the persons from whom it had been taken should be convicted of treason in a court of law after a full and fuir trial. Then. in the “event of the submission of a rebellious State to the federal authority, the proclamation could have no effect upon such slaves as had not al- ready been captured. The moment the war terminates in any State the civ. law prevails. and private property and State institutions are protected by the constitution of the United States from all interference on the part of the federal power. It the present administration do not accom- plish mucn more in future than in the past the war will go on at least for another year, till the new Congress assembles, or perlups till the advent of the conservative party to the execu- tive mansion on the 4th of March, 1865. The elections of 1863 will demonstrate stil more decidedly than those of 1862 that the sceptre is passing from the hands of the radicals, never to be regained. The fall elections of 184, in- cluding the Presidential contest, will cap the climax of public opinion. But whether the armies of the rebels in the field are crushed or not during the present regime, certain it is that the non-combatant population of the Southern States will not be reconciled to the radicals; and there is no chance of the Union as it was being restored till Sumner and Wilson, Wade and Stevens, and the other leaders of the abolition faction, are put down by the strong «rm of con- servative power. Then will the Union men at the South respond to the action of their brethren at the North, and put down the seces- sionists. Thus alone can disunion be ex- tinguished, the integrity of the republic re- stored, and North and South, East and West be forever one and indivisible. Greeley und His Overtures of Peace. Poor Greeley has been making a very great fuss in the Tribune lately about propositions for peace, which he has received, or which-he says somebody else has received, from the rebel leaders at Richmond. Those who know poor Greeley need not be assured that ihe wiole story is a very weak invention. The Count Adonis Gurowski, who is deep in Grecley’s con- fidence and a great ‘gun of Grecley’s paper, recorded in his diary some time ago that Gree- ley was “slowly breaking down,” and this peace proposition hoax is another evidence of the fact. Its objects are very evident. In the first place, Greeley wants to show that the abortive emancipation proclamation has ed the traitors; and, in the second place, he wishes to injure the conservative leaders by accusing them of parléying with the rebels. Neither of these objects will be aclrieved. however; for, if any person has been guilty of receiving and entertaining overtures of peace from the chicf Confederates, that person is poor vld Greeley himself. The agent who brought these alleged peace propositions from Richmond is the. illustrious Chevalier William Chase Barney. This Cheva- lier may have been named after the Secretary of the Treasury; but he is not the brother of Collector Barney, of this port. On the con- trary, he is Collector Barney’s rival, and-the descendant of the gallant Commodore Barney, of honored memory. The Chevalier first became notorious from ® romantic affair in the little State of Delaware, which he threw inte a big state of excitement. He next en- gaged in the express business, figured ex- tensively in California, and then went to Europe on a special mission connected with the Atlantic postal service. Returning a year and a half ago, he met the New York Seventy. first regiment marching down Broadway, on route for Washington, and immediately stepped | off the sidewalk and into the ranks. With this | regiment he served during the three months’ | campaign, and was then appointed an army | paymaster, but was not confirmed by the Sen. | ate. It was while acting in this capacity that | he pushed himself to the front of our lines and allowed himself to be captured by the rebels. | Colonel Daniel Ullman, the great Hindoo, shared Barney’s fate and confinement, bui was released | seme two or three days betore the pacific | Chevalier. At the time of this imprisonment, at Poor “Other § gramme; but no one except Benjamin mention ved the matter to Barney. Returning to the North, Barney became | ambitious of being a great man—a pacificae | tor, a regenerator, a ‘patriot and a free lodger at ore of our hotels. Consequentiy he enlarged his story a little and told itu a | friend, who repeated it to epother friend, who | repeated it to Grecley. At eaph repetition the tale grew more wondrous, and when poor ted Tri eo sresley pummrenes * We “Treene, wih dar tions, autenduents, decorations and explsae * 1 tibns, it must have greatly amazed the few old _ ‘wen who read that crazy sbeet. The Tribune We : . |v. ier, who dreams of treason, strate- philoso, “~.' puna goras: spoils, conap.racies and assassinations, | und wears a suit O ghain FMF under iis nag- ' ged coat to provect hill front fhe aealy dug- ger and the pernicious pistot, thomyt fen asd had discovered a mare's nest, and rushed oe to the City Hall, where he closeted hima. with Mayor Opdyke. Senators Sumner awd Fessenden, tien on their way to Washington, were admitted to this conference, and, at its close, Mayor Opdyke sent for Fernando Wood to inform him of the dreadful plot, The Che valier Barney had been be‘oreband with Op- dyke, however, and had already confided the matter to Fernando. It weeme that Mr. Wood was almost as badly hoaxed as poor Greeley ;. for he mysteriously re‘erred to the affair in one of his speeches, which Greeley published as an offcial corroboration of his news—that is to say, what barney told Mr. Wood was produced, with a great tlouris of trumpets, as proving tue truth of what arney had told the friend who told poor Greeley. The idea of Barney corroborating himseli is as rich as Mr. Squeers’ donbly skimmed milk. 1m order to complete | the mbiance ot this micaculous narrative to that of the “House which Jack Built,’Mr. Wood had contideatially entrusted the story to Thuriow Weed at the Astor-House; but Mr. Weed was too old and wise a bird to be caught with such chaff, and therefore sneered at tie whole affair, aud called upon poor Gree'ey, through the Albany Juurnal, to make @ retraction and dismiss the man who wrote the bogus telegram from Washington concern- ing these overtures. There is the whole truth of the tmat- ter, and for ail the rest of the particulars poor Greeley is responsible. The Cheva- lier Barney talked with no one but Benjamin on the subject, and had no nfore authority to receive peace propositions than Benjamin had to make them. He was no emissary from any ene, carried no letters or credentials from con- servatives at the North, aud brought back ne letters, documents or credentials to Governor Seymour, John Van Bureu or any other man. What Lenjumin said we have given above; and there is nothing in it about the Crittenden com. promise, the assum; tion of the Southern debt or dr.ving the French from Mexico. The story as originally told rests solely upon Barney’s veracity. The story, as given in the Tribune, is the joint product of Barney’s veracity and Greeley’s imagination. The morai of the mat ter is that poor Greeley was badly bitien and drawn into a premature declaration that he is in favor of a national convention to arrange a peace. We thoroughly believe that,-if this war lasts one year longer, the conservatives will be as true to the Union as ever, while Greeley and the other radicals will be sending emissaries to Ricbmond to offer Jeff. Davis a disruption o the Union if he will take all the slave States: There is the real plot which lies under all this smoke, wad which the radical assistants of the rebels are now working hard to accomplish. s Danger Ahcatt—Louis Napoleon's Pelicy Towards This Couatry. An effort is being made by those journals in the service of the Emperor Napoleon to palliate his attempt at drawing England and Russia into @ coalition against this government. The very fact that excuses are made and that protesta- tions of friendship and good will are so ear- nestly repented by the French semi-officiay press, the London journals iff the pay of Napo. leon, and eome* journals here which seem to take a strange view of Napoleon’s movements, — all tend to make us very suspicions as to Napo- lcon’s real intentions towards this country. We remember quite well that at the time he was doing ali in his power to secure Nice and Savoy the semi-officia! French press were em. phatically denying that France would, even if they were proffered, accept the provinces in question. We are awsre that Napoleon says one thing when he means another; that when he makes a show of good fecling, anger and ill will rankle io bis heart, and that he fawns upon those whom he has decided to destroy. Knowing these things, we are apprehensive of evil when we find ‘Napoleon making urgent protestations of good will towards us, and we look about tp see where he is to strike a firet blow. © * France has made more noise about General Butler’s proceedings at New Orleans against her subjects than any other Power has done, aithough General Butler treated one and all alike. The fact is, Napoleon saw there a fine chance for a future quarrel. We are a sensi- | tive people, don’t Jike interference, and, above | all, detest foreign meddling with our tried and faithful public servants, All Napoleon had to do was to act peremptorily about General But ler, ask his removal or something alike unplea- sant to our sepseof dignity as a nation, and he was sure to get refusal. Then he could let the matter remain in abeyance, and at his own | time and pleasure renew his demand, and upon asecond refusal act in @ hostile manner to- | wards us, We do not believe that all the troops and iron-clads which France is now despaiching te the Gulf of Mexico are intended to find their way to the fumed halls of the Montezamas, We fear they are more likely to visit the mud banke of the Mississippi. Whtle giving assurances of friendship and guod will towards this country, Napoleon is making tre- mendoue preparations for an onset somewhere ‘Will it be against us or against England? Thee is a doubt in this matier, and while that doubt exists it hecomes an imperative duty for us to prepare « powerful defence of Mobile and the Richmond Barney received the overtures of mouthsof the Mississippi. New Orleans we mast peace about which the Zrijune makes so much | guard as the apple of our eye. The vallgy of fuss, and they amount to just this: that on @ | the Mississippi we must hold and controt ut wl certain occasion, Judah (or Judas) P. Benja hazards. Our administration nust not halt or min stated, in Barney's presence, that the South | falter here; the dauger may fell upon us at any was willing to return to the Union if things | moment, and we must be prepared to ward off could all be as they used to be. Benjamin as- the blow. Napoleon is fatally urged into the serted this ae his individual Spinion; and by | committal of some bold assault. He rast attack having ‘things as they used to be,” he evident. | sume great Power, he fhust commence some ly meant that Joff, Davis or some other South: | great and stupendous straggle, involving the ern rebel should be our President, and all the | bonot and military glory of France, if’ only rebel ringleaders sbould fill our federal offices, | stay thereby the achenes of hie enemies, whe We have but very little doubt that most of the | have sworn and are accomplishing his dowm Southern traitors would agree to auch @. pro- | fall. Inn quorrel we this mowen', hempeneg