The New York Herald Newspaper, January 21, 1863, Page 4

4 JAMES GORDON EDITOR AND PRO! BFFICE N, W. CORNER OF FULTON ANP NA TERMS cask im atyaace. Momoy Seat iy Wess ai the risk of the sendur. Nuue but aia ¢ New York ‘akeu. TAK DAILY HERALD, Tunes oouts per eopy THE WeEALY He every Saturday, ab Five couts per copy. Auuual L100 Pei dime sdressed to names of subscril ra eopy will be gent to ev 4, to one address, one year Heraup the cheapest publication in the country Koray, every Wednesda ‘the Ko por copy; $4 per sugum to any part of Grevt Britain, > nelude to auy part of the Contixent, both to postaze. -Xo. 20 Volume KXWVELE csesceseceenseeeer certs AMU 3 THIS BY SNING. NIGLO'S GARDEN, Broadw Lean, ‘tH WALLACK'S THEATRE, Broadway, Bans ay.— Misi all hoarse. 3. 8 Sonus, Da | HALL, Broadtray.—Coxcur ANIMALS, bia AMERICAN MUSIO It 9. 44 Broadtway.—Sar- Lets, Paxiowinxs, BURLESQUE, £0, PARISIAN CABINET OF WONDERS, 56% Broadway. = Open daily ‘vom WAL M. WL RO PM HOOLY OPERA HOUSE, Brook!ya.<Erirortax Sonos, Daxces, Burtysquny &¢ New York, wednesday, January 21, 1863. NOTE TO PAPER MASUFACTURERS. ‘Twenty thousand reams of good paper wanted. 52x45. Apply at the Fluxato office. Size SHINPLASTERS. Neither corporation nor individual shinplostere are re ecived nt this office, National postal currency on!y will bo taken for fractional paris of w dolla. Lib SITUATION. ‘the news reccived in Washington trom the Army of the Potomac yesterd: vis said to have ‘The character of the news has not been promulgated. caused a great deal of excitement there. Refugers, who arrived in Washington yesterday | from ¢ + which they left on Monday, re- Present that (he week previous to their departure there was great excitement in Hichmond, owing to A report that a large Union force, numbering eighty thousand, was on the way to Weldon, N.C., and that a large fleet of gunboats were in the waters of North Carolina. time General Anderson's division of General Jack- gon’s army, numbering about fifteen thousand men, passed through Richmond and went south, which fact added much to the excitement. The floating battery Merrimac is reported to be @ perfect failure, being too top heavy. Efvort® to keep her screw to each side of but finally abandoned as worthless. About the same afloat by fastening a her were repeatedly made, She is now, therefore, given up as a total failure: These refugees report farther that Richmond is well fortified at every point, and the fortifica” tions garvisoned with but a small number of men. They have «ver one hundred guns in position wround the cily. The main hody of the rebel army is said to be about midway between Frede- cicksburg and Richmond, on the railroad. There is said to be considerable Union sentiment yet in the We give to-day a very fine account in detail, from our correspondent, of the fight and victory at Arkansas Post, on the White river, which, in connection with the descriptions we have already published, and the map accompanying the letter, makes the story of that successful affair com plete. There appears to be some chance of a tele- graphic connection between Washington and the various points on the Southern coast ‘being estab. Mehed. The House Military Committee have adopted a resolution in favor of the construction of a submarine telegraph along the Southern coast. By their plan all our, coast possessions would be put in communication with eaeh other and with Washington, which is the precise thing required to put us in possession of immediate newa from all the Southern ports. EUROPEAN NEWS. The Arabia, at Halifax, iclegraphs news from Europe to the 11th instant—two days later. ' Rumors of mediation in the war affairs of Ame- tica on the part of Napoleon were again rife in Paris. It was aid that news of the defeat of the Union troops at Fredericksburg had again turned his Majesty's attention seriously towards that line of policy. | Hon. Mr. Dayton, Chited States Minister in ‘aris, had an audience of the Emperor on New Year's day, ® conference with M. Dronyn de Jhuys, Minister of Foreign Affairs, on the 6th in- Ftant, and another audience with the Emperor on phe 7th instant. Tt was seid that the Emperor recommended an Srmisticg betweenalie North avd South to Mr: Payton. 4 The Paris correspondent of the London Times ye that steps have been or w y he immediately ken to renew the peace overtures alre ady made insuccensfully to President Lincoln, and ime it Is hoped with a prospect of better ay ‘The British government «till persevered in ite refusa! to interfere in the American war in any form. 4 The Pavie Moniteur bad published an account ofthe battle of Fredericksburg, written by an eys witness. The writer says that the Union troops n | vith “a conscionsness of impending dis ry rhe rapidity of movement of the revel ei! M | NEW YORK HERALD, WEDNESDAY, JANUARY 21, 1863. ellous,” aud the “in” sorala is spoken of, ‘any Gaede ex iticises als, and blames them army ie desombod as * of the Unio: adon Army a capac It was th ke influence of panish Cortes cen- rom the Mexi- nem bers asserting course. Senor support the candi 2 for the throne of | deture of a Mexico, Another brigade of French troops was under | orde | ‘The poleon had directed an official yuiry to be made as to the actual condition of the distressed colton operatives of France. od States steamer Tuscarora anchored umter at Gibraltar on the Spanish print CONGRESS. nate yesterday the Chairman of the Committee on Foreign Affairs reported a bill to pay the French spoliation claims. The, that these claims ere to be justed to an not exceeding five of dollars, and to be id pro rata in Uuited States five per cent stock. ‘The Naval reported back the bill to authorize with emendments, would be called u le prompt and aie justice and the niiilions A bill for fion of militia the Court of Claims, no quorum being pr . | in the House of Representatives the President's special message recommending a tax on the paper of State banks, &c., was referred to the | Committee on Ways and Means, and ordered to be printed. The seleet committee on the subject of a postal and military roa en New York and Washington were authorized to send for persons and papers, and examine witnesses under oath, in order to ascertain the t aud probable re- ceipts of the proposed road. The Secretary of the Navy was requested to inform the House wha, action, if any, should be taken relative to the ap pointment of midshipmen, as suggested by him in his annual report. A resolution was «dopted that the Secretary of the Nevy communicate any infor- mation in his possession to show that American vessels, cleared for any foreign ports, have en- gaged in the coolie slave trade, or submit such sug- gestions to prevent it as he may deem proper. The Judiciary Compnitiee submitted resolutions expla- natory of the law, that the salaries of the President, Vice President and Judges of the Su- preme Covrt and inferior courts of the United States be exempted from tax. The resolution de- claring Mr. Vandever, of Towa, uot entitled to a seat in the House since he joined the army as co- | lonel of the Ninth lows rcgiment, in 1861, was dia- | enssed, and finally adopted hy a majority vote, | The question was raised that the resolution was | one of expulsion, and consequently required a two. thirds vote. ‘he Speaker overruled the point, and | | | an appeal from the decision was made. Pending the questioa the House went into Committee of the Whole on the Finance bill. Mr. Spaulding, on behalf of the Committee of Ways and Means, pro- posed amendments to the first section, which were agreed to, viz:—To authorize the Secretary of the Treasury to borrow, from time to time on the credit of the United" States a sui not exceed- ing $300,000,000 for the current fiscal year, and 100,000 for the next fiscal year, and to issne ” coupon er registered bonds, payable at the plensure of the rovernment after twenty years from date, and of such denominations (though not less than fifty dollars) as fhe Secretary may deem expedient, bearing interest at a rate not exceeding six per cent per annum, payable semi-annually in coin. My. Thomas offered an amendment, which was agreed to, ng the coupon or registered bonds payable at the pleasure of the government after twenty years from date in coin, Mr. Spauld- | ing moved to strike out the restriction of the sale | of bonds at not less than par, so that the Secretary | may in his discretion dispose of them at any time | upon the best terms he obtain. Pending the consideration of this an Iment the committee rose and the House adjourned, THE LEGISLATURE. Tn the Sensie of our State Legislature yesterday, several petilions were presented, but in reference to matters of uo general interest. Among the bills reported upon favorably from committees was the one to autho execution ogaimst the person upon judgment or forfeited recognizances against defaulting suretics in criminal cases in this city. The bill for aid to the Albany and Susque- hanna Railroad was also reported upoo favorably. Notices were given of several bills of a private nature, and a few unimportent ones were passed: Resolutions were idopted in favor of printing two thousand extra copies of the report and bill rela- tive to assessments and eight hundred extra copies of the Surgeon General's report, and suthorizing the Judiciary Committee to devise some plan for embracing bills legelizing town and county boun- ties to voluntecrs in one act. After a short session, an adjournment tock place ll eleven o'clock to-day. The Assembly wes not in session yesterday and has not heen since lift Saturday. It meets again, however, this evening at seven o'clock, when the struggle for an election of Speaker will probably be renewed. NEWS. The steamebip Arabia, from Qneeustown the lith instant, reached Halifax carly yeaterday morning on her voyage to Bostoo. Her news is two days later than the advices of the Hibernian, telegraphed from Portland, published in the Henan yesterday morning. Consols closed in London on the lth instant at 93% a 98), for money. The bullion in the Hank oy England had decreased by £321,000. ‘The weekly report of the Liverpool cotton market waa pub. lished in the Herat yesterday morning, having been telegraphed from Portland after the arrival of the Hibernian. The market wes quiet end un- changed on the 10th instant, bat he better tone atits close. “Breadstafts were quiet and steady. Provisions were in quiet demand and quotations steady. The K ia, in his reply to a New Year's a 1 his fave conver of netion towards the legislative body, and rail he wished + | to protect the eon: tion, but hie intentions were | mnisunderstood. The ministerial crisis hed ended | in Turkey and & new cabinet was being organized, The jon inthe Bawk of Prat had decreased’ ga month. The Guyon & Company, of Lyons, had fovernunent had rece) ondence relative to a Be paners ¥ sized ial by fifty-one millions of francs banking om vou The British Parliament is summoned to meet on the 5% of Feb ‘The Liverpool Aion pub- | shes the correspondence which took place be- | tween General James Watson Webb, United States | Minister in Brazil, and Mr, Christie, the represent- the Queer of England at the same court. secmed imminent between the officials at "ove moment. General Webb wound up by writing a complaint agaiust Mr. Christie to Earl Russell. Kangaroo from Liverpool, arrived at this ight. Her advices had been antici” last a from the clty of Mexico to the 2lst of y represent the Mexican people as being y united in their @etermination to resist ters, The Mexican Congress had ad- the period fixed by the constitution, and sof the President and Vive President | on that occasion show thatthe honor and patriot- the people are being fully aroused. These gnitaries contended that Mexico is a free and (ont nation, and that with herinexperienced ® ond citizen gercrala she will face the re- s of Trance and hand down fresh history. The Congress passed an act Cenouncing all the acts of the authorities appoint” ed by the ich, desiguating them as traitors and usurpers. So far from there having been any advance of the French on Puebla, that stronghold wasevery Guy increasing im strongth, sod new troops were pouring in for its defence. (General Ortega, « skilful and imdefatigabie officer, is in command, and the labors of the soldiers ou the forti: ms were continually increasing. Ho: tals were being established in convenient pl: andthe ladies were collecting money, clothing &c., for the use of the wounded. The times ‘give note of awful preparation.” tum Mr. A, Oakey Hall addressed the Democratic Union Association last evening at their headquar- , Broadway. The subject chosen for the occa- “The political crimes against the national committed by Horace Grecley and his ion confederates.” This subject was most Lnmorously and trenchantly treated, and through- out the large auditory were either applauding the sentiments or laughing at the wit of the speaker. A condensed report will be found elsewhere. The Doard of Supervisors met yesterday; but no business of interest was transacted. A veto was received from Mayor Opdyke respecting the resolutions authorizing the Board of Metropolitan Po to use a sum not to exceed $2,500 of any snrplus moneys that may remain of the appropria- tion for the maintenance of the police in the county of New York for the year 1863, for the erection of the buildings known as the Police Headquarters, on Mulberry and Mott streets, and also directing the Board of Metropolitan Police to charge a just proportion for the use of said build- ings to the counties of Kings, Richmond and Weat- chester, and to credit the same to the city of New York for police purposes, The message was laid over and ordered to be printed. The jury in the case of Henry Oliver, charged with murder on board the ship Francis B. Cutting, had not agreed ona verdict at the rising of the Court last evening. Judge Leonard ordered them dinner, and directed that he should be sent for when theyagreed. Mr. Thomas Dunphy, on behalf of the prisoner, and Mr. Garvin, Assistant District Attorney, consented to an application of the jury to have the pistol presented before them. The Judge, on the suggestion of Mr. Dunphy, said that by consent of counsel the pistol might be ‘pre. sented’? to the jury. with the precautionary re- mark that four of the barvels were yet loaded. ‘The market for beef cattle was decidedly active, and prices were fully *(c. per pound higher for all kinds on Monday, owing to a great falling off in the receipts and consequent short supply. But there arrived on Monday evening about 1,009 head, which made up a fair supply, and on Tuesday prices receded about 1c. from the extreme rate: ‘The demand was still active, however, and sales were frecly made at trom 6c. to 10c. a 10%{c. The general selling prices were 8c. a 10c., and the average price 844c. The cattle were of a ave evage quality only, yet the prices were higher and more remunerative than for many months. Milch cows were in sinall supply, but the demand was light and the nrket aubstantially the same. Sales were made at from $20 to $408 $50 per head: Veais were in fair demand at from 4%/c. to 6c. a Ze. Sheep and lambs were scarce, active, and 25c. a 50c. per head higher, varving from $426 to $a $7, and $7 to NO for extras, Swine were active and fully 34e. per pound higher, with sales of corn fed at 5!{e. 2 5%c. tor prime, ac. a dium and 4: adc. for still fed. ceipts were 1,127 bi sheep and lambs and ‘The stock market continues excited, antl the upward movement of prices is uBchecked. Pacitic Mai) rose ten per cent yesterday, and ihe railway share list, bouds aud governments, were-ail better, Gold fluctuated betwee” 147)5 aud 148, closing at 147 bid. Exchange cloved at 163. Money was worth 6 per cent om call. Another heavy rise in the price of cotton was estab lished yoeterday, iniddiings ei a 76 \ge., With saiee and resales reported of 2,650 bales, Large ndecern were effected, and prices were more active, Whiskey laurels to continued jo bres od and syain advanced material. , ly. Provitious were less freely dealt in, but sellers had advautage, ‘There was very cousiderable j any oxiat ky Mrotber leading arucies of genoval merchandise ‘There were fower freight engagements effected, thongh the roarkel was firm. The Inauguration of Governor Parker, of New Jersey—!lis Conservative Ad. dress. We publieh this morning the inaugural ad- dress of the Hon. Joel Parker, Governor of New Jersey, and a brief account of the publie ceremonies attending his inauguration. Our readers will find that Governor Parker, in this address, takes the same high, conservative stand that Governor Seymour announced in his message to our own Legislature. Indeed, he takes stronger ground—more decisive, more emphatic. Like Governor Seymour, the Gov- ernor of New Jersey, after elaborately re- viewing the affairs of his State, devotes conside- rable stention to national topi to which, during this dreadful period of civil war, the affairs ef each State are, of course, sifbsidiary, Like Governor Seymour, also, the Governor of New Jersey discurses the nature of our govern- ; decidedly asserts the sovereignty of each State in all matters not expressly delegaied to the general government; contends that seces- siouism is unconstitutional and not based upon the right of revolution, as the radicals onee argued, and clearly demonstrates that, no mat- ter what the emergency may be, the constitn- tion amply sufficient for it, and that even in times of war there can be no such thing as a power above.the constitution. limited only by indivittaal opinion and discretion. in these coincidences between the views of Goternors | Parker and Seymonr we see the unanimity of the vreat conservative party of the North piain- ly exeanplified. In the opinions and proceedings of the Gov. snore and Legislatures of New York and New reey President Lincoln will find much food | for ansioas thought. These States are now in a position to give the President the most cor- dial aod effectual assistance, if he return to the | constitutional conduct of the war, and give the | country @ Cabinet which can be respected, and | Which will prove itself worthy of ect. The | President will find that the Legislatures of theee and other conservative ¢ 4 represent | the feelings and iments of the people far thaa the present Cong i Retis seyhasatpenieheemteripeanpenypncotap- on esenmemer-m-na noes eros acne ra a ee SE Te aR SE See AAR OSS PE SE ene a nO na eT EE a Sun NS OR ence . which waa | wily det elected before the great popular revolutien began. This revolution, which elected Sey- mour and Parker, is still progressing, and is neither stationary nor on the wane, as certain radical organs impudently assert. Its progress may be seen in the recent choice of con- servative Senators in Pennsylvania, Indiana and New Jersey; and so great is the pressure of public opinion that the administration can no longer hope to bear up against it, and must ultimately submit toit, gracefully or disgrace- fully, a3 they may choose. All the scundalous means of political intrigue and political cor- ruption employed by thé republicans have fail- ed to bolster up the administration in power. Thus, in the Pennsylvania Legislature the coa- servatives had two majority on joint ballot, and $20,000 apiece were offered if these votes could be secured for Cameron. Whether or not the money was accepted we do not know; but if it was the votes were not delivered. Even bribery fails in a great crisis like this. There may be afew men willing to sell their votes and their principles; but they dare not now sell their constituencies and their country. Public opinion, alas! may not be strong enough to compel these political Iscariots to refuse the thirty pieces of silver, but it is strong enough to compe! them to refuse their votes, and con- sequently the money of these agents who seek to buy up recently slosie coor esguiaias. of the people is worgs theff“wastod. ‘The mouey may b9 pocketed, but the votes are uninflu- enced by the bribe. Isis a fact which President Lincoln must sooner or later appreciate,that the Governors and Legislatures of the great conservative States aro tobe the virtual government of this country for the next two years, unless, by a reconstruction of the Cabinet and a recurrence to the sound, original conservative policy of the constitution and of his inaugural address, the President re- gains the fost confidence of the country. The revolution at the North is peaceable, but it is invincible. This is a representative govern- ment, and the people will be renresented in it. Since the present Cabinet has not only refused to conform to, but has actually defied and at- tempted te strangle and trample upon, the senti- ments and wishes of the vast majority of our citi- zens, that majority is now represented in the gov- ernment through the State organizations. Nor is ihis an approach to the damnable doctrines of nullification and secession. The conservative States stand upon the constitution, and so long as the President stands with them there can be no interference or necessity of interference. The check upon both the President and the Governors is the people, who know instinctively when the constitution is observed and when it is violated, and who wfil support no man or set of men who deliberately. disregard the supreme law of the land. Quib- bles and quiddities avail nothing with the honest hearted, Union loving people of the North. Dress up a violation of the con- stitution in what garb you may—attire it in the flimsy fripperies and guady spangles of rhe- toric—conceal it beneath the sober, scholastic disguise of sophistical logic—put it in uniform, and give it the pomp and circumstance of a military order—fling over it the broad mantle ef a pretence of philanthrophy—and yet the people will not be deceived, and to them the violation of the great charter of our liberties will be as palpably apparent, and their just indignation be as certainly aroused, as if a despot, disre- garding and despising all bypocritical equivo- cation, openly declared that his will was supe- rior to the constitution, and tore that precious parchment into fragments in the very face of the outraged nation. ‘Therefore we have always advised the Presideni to beep close to the peo- ple, to go only where they will fellow, and to follow where they plainly lead. And therefore, also, we advise him to conform his measures and proceedings to those of the conservative States, because he will surely find, if, indeed, he bas not already discovered, that these States represent the people of the North. The Latest Intelligence from Europe. Despatches from Halifax announce the arri- val at that place of the steamship Arabia, with two days later dates than those already re- ceived. It was reported that the Emperor Na. poleon intends recommending an armistice be- tween the North and the South. It is added that the English goverment will persevere in refusing to interven any manner in Ameri. can affairs. A new brigade of French troops are to embark this month for Mexico. Since the commencement of the rebellion we have pursued but one course upon the question of European interference or mediation in our affairs. We have ever deemed it wise to pre. pare for all emergencies; and the moment we saw, from the actions of the European Powers— all save Russia—that their sympathies were with the South, we called upon our administra- tion to build such a tleet and arm #6 formidable a force as to impress those foreign nations who might feel tempted to take advantage of our hour of trouble. We turned our attention more especially to France, because the demon- strations made by Napoleon of a desire to ob- tain a footheld on this continent were looked upon as menacing our influenee and power. We naturally jndged that the necessities of his position in Mexico would tend to make him seek an alliance with our rebellious subjects; and we inferred from the actions of England d Spain in the matter of the Mexican expedi- tion that Napoleon entertained plans, as regards this continent, which, from their nature of hos- tility towards the American republic, the Pow- ers above named were unwilling to ratify. The English and Spanish governments with- drew from the Mexican expedition only when advised by Napoleon’s representatives of what his real intentions were regarding the unfortu- nate people they were invading. Time will, we feel assured, prove that England and Spain withdrew from the expedition because they foresaw an inevitable confite with this govern- ment if Napoloon’s plans were adhered to. Our course upon the subject of our foreign relations has given umbrage to some. We care not for this, as we feel assured that events will prove how correct our conclusions haye been. The actions of the French Emperor up to the present time fully bear us out in owr warnings to the administration against his policy. We feel assured that be isan enemy to our great republic; that he willdo all in his power to prevent the reconstruction of our glorious Union, and that he will, while so doing, de- ceive both the North aud the South. His first proposal for a joint mediation was not produced by any good will towards us, but, on the con- | trar we have the undoubted right to assert, froia 4 desire to break up the Union and estab. jish the confederacy. We repeat that we have a right to come to this conclusion from the en.’ ed towards as, agt oly by tho eemi-official French press, but by the Moniteur, which is the Emperor's mouthpiece, aud by the open encouragement given by Napoleon’, Ministers to the Davis government. Loyal Americans now in Paris all agree in stating their firm belief that Napoleon is our cnemy. He has besought Engladd over and over again to join him in inimical action towards us, and | England hag refused, because her statesmen are awed by the attitude of the English people, who respect and envy our institutions, and also from a wholesome dread of making their ally, Napo leon, too powerful. They are aware that the moment this country were divided the Emperor of the French would then safely prosecute his plans for conquest on this continent; and Eug- land is not anxious that France should possess rich colonies. Those who evince a desire that Napoleon should mediate ov interfere ia our struggle are traitors. We must work out our own re- demption from the horrors ef civil strife. If our noble constitution cannot be saved by us alone, it were better it had never existed. But we can and will gave it, and that without the aid of foreign despots. Those fanatical negro- worshippers who, in their fear of the just anger of a wronged people, advise the mediation of Napoleon and make abject appeals to his power | and influgace, age 3 disgrapS to the country. Trnty Their plans wonld bring our great Union to shamo? They would ask the aid of foreign mediation or arm bands of negroes, Thank Heaven, the American people are not fallen so low in the scale of humanity. Get us rid of the imbeciles and bunglers who now hamper the actions of our administration. Give us loyal and able men to administer our affairs. Appoint competent officers for our armies; let them be untrammelled by party cliques or petty jea- lousies, and we will put down this rebellion and uphold the integrity of our great nation For the negro the people will do no more. For the Union they will do or die. We repeat our admonitions to this govern- ment apon the subject of foreign interference. it must not, cannot be tolerated. The people of the North—twenty millions of freemen—must uphold . their constitution at all hazards. They must and will reconstruct 4be Unioa. But the government must aid the people to accomplish this. The government must make a show of energy, of determinatiou—- must say to foreign Powers, “ You cannot me- diate or interfere in our intestine quarrels. We alone must expunge the evils from which we are now suffering. We cannot, will not, tole rate intervention.” Back these firm declara- tions with overwhelming forces, and now, as before the rebellion, the American people will be feared and respected. When we shall have conquered # lasting peace, one Power in Eu- rope will benefit thereby. We refer to Russia, which, of all the great European nations, has shown good will and good sense towards the American Union. That Power has let us alone. When we have regained the position to which our power, intelligence and uutiring in- dustry entitle us, we shall no doubt have maay opportunities for repaying with interest the favors extended towards us by the European Powers. On the right side of the account there will be found but one nation; but that is a great and glorious one, which is culled upon to fill in the Old World the same influential and powerful position which we shall naturally occupy in the New. The bonds between Russia and the United States have been drawn close by her action during our time of need. The facts will ever live in the memory of our people. antl Probabic Designs of the Kebels. There has been an ominous silence for some days past, a mysicrious suspension of our accustomed reports from the Rappahannock, which has wrought up the public mind into a feverish anticipation of news of great and mo- mentous events in that quarter. That General Burnside is in motion, and that we shall soon have the report of important changes on the military chessboard of old Virginia, we have no doubt; but meantime, while we shall not attempt to conjecture the present disposition of his forces, we may advantageously discuss the reported movements and probable designs of the rebels. But we can say that the news from the Army of the Potomac received in Washing- ton yesterday preduced a good deal of excite- ment. The defeat of General Bragg at Murfreesboro, the aceredited reports at Richmond of the ad- vance of a Union land and naval force towards Wilmington, N. C., and the late successful Union raid of Major Hall and Captain Parker from Yorktown, up the York and Pamunkey rivers, to within twenty-five miles of the rebel capital, appear to have precipitated to a great | extent the dissolution and dispersion of the defiant rebel army, which but the other day | was stretched for thirty miles along the south bank of the Rappahannock. The apparently | trustworthy reports which we have received of the heavy detachments detailed {rom that army for immediate service in other quarters are very suggestive, and we hope have not escaped | acareful and sagacious consideration by the | military authoritiés at Washington. Immediately upon the heels of Bragg’s re- pulse and retreat from Murfreesboro we hear | that Gen. Longstreet, with fifteen rebel brigades | from the Reppabannock, has arrived at Chatta. | Rooga, and that Longstreet, with these heavy reinforcements, has gone out to take the com- mand of Bragg’s army. It would thus appear that Longstrect and his fifteen brigades, more | or less, were despatched from Virginia before | | | the defeat of Bragg, and that. but for the cutting | of the East Tennessee and Virginia Railroad by that daring Union cavalry expedition un- der General Carter from Kentucky, Longstreet | might have effected a junction with Bragg in | season to defeat Gen. Rosecrans and to capture Nashville, Gen. Rosecrans attributes his euc- | cess, in @ great degree, to the brilliant inter- vention of Gen. Carter. That Nashville is the present design of Longstreet we may rest as- | | sured: and, with Gen. Rosecrans thus menaced by a rebel foree of fifty thousand veterans in , front, with numerous squads of rebel guerillas | in his rear, his position, if not a dangerous one, | becomes sufficiently delicate to suggest a libe- ral reintorcement of his army, and as rapidly as | possible, In the next place, the reports from | mond of a federal overland expedition in mo. | tion against Wilmington are quickiy sueceeded | by reports of heavy reinforcoments from Rich. | mond to the rebel force in North Carolina. This intelligence should admonish the govern- ment, if the bulk of our troops lately at New- bern, have been withdrawn from that locality, to retain at least @ gunboat or two to protect our army stores there against @ rebel surprise | out with redoubled vigor. like that at Holly Springs, involving the crimi- asi sacrifice of millions of public property. But the late successful federal raid up the York and Pamunkey rivers appears to have created the greatest commotion at ft chmond. Accepting it apparently as the signal of am- other advance of a powerful Union army up the peninsula, the rebels in that quarter and on the south side of the James river have become remarkably numerous and somewhat saucy im their movements. «tt is suspected that, while amusing General Burnside with a mere corps of observation on the heights of the appa ian- nock, the rebel chiefs are meditat less than a sudden descent with an over whelming force upon our army depot at Yorktown, or upon Suffolk and The rebel General Lee has ric! ing the advance of G Burnside, have served their purpose, a the exlausted intervoaing couatry to U mond peninsula may be wisely left open to his enemy, except where difficult streams and Swamps may enable a few thousand men be- hind a line of earthworks to hold maxy thou sands at bay. m the reports we have received Longsttéet and a- heavy fysor’ from General Lee’s army to Tenresses, and of large reinforcements to the rebels in North Ca- volina, and of a remarkable increase of the rebei forces menacing Suffolk. Such are our impres- sions in regard to the great rebel army of Vir- ginia. We think that General Lee would not weakea it in front of our powerful army unless he intended to give General Burnside the slip. Se ore bet tu, teen In fuct, we chali be somewhat suprised if our next news from the Rappahannock doea not give us the old story of Manassas and Corinth over again. And what thea? Will Gene- ral Burnside be required to pursue his overland route to Richmond, which, after two days’ marching beyond the Rappahannock, will empley balf his army te secure his communications with his base of sup- plies at Aquia creek? We know not; but the overruling idea at Washington seems to be the necessity of keeping the Army of the Potomac hetween that city and the rebel army. If Washington, however, is not now sufficient ly fortified to enable fitty thousand men to hold the city against a huadred thousand, it ought to be, with the thousands of “contrabands” who have there been subsisting upon the gov- ernment fer a year past, and who could have been so usefully employed in rendering the place impregnable. But further speculations are idlo in the absence of positive information concerning the present strength and movements of the rebel army of Virginia. We may, per- haps, very soon hear the tidings of a glorious Union victory over it; but we are more inclined to anticipate some desultory skirmishing with the rear guard of the enemy, and its timely retreat to the swampy sources of the Matta- pony. Avorare or Our Vessuis Desrrores BY TOR Atapama.—A letter was received in town om Saturday from a seaman on board the San Jacinto, announcing that the pirate Semmes had succeeded in burning another American Ship belonging to Maine, which was lying at Sombrero Island. The statement was said to be derived from the American Consul at Point- a-Pitre, and is, in all probability, well founded. We shall no doubt soon havé other accounts of Similar havoc committed on our comincrce in the same latitude. Ii is not to be expected that with vessels like the San Jacinto we can hope to put an end to the depredations of the pirate in that quarter. With the exception of five -| steamers—the Vanderbilt, the Iroquois, the Dacotah, the Baltic and the Atlantic—he cen give leg bail to anything we have got afloat. If these were all properly armed and put onthe track of the Alabama her piratical career would soon be brought to an end. The Navy Depart- ment cannot, however, be waked up to drdi- nary activity in her regard, and therefore the work of destruction must go on, unless our ship_ owners take the matter inband. [t is scarcely necessary for us to indicate the course they should adopt. “Aid yourself and Heaven will aid you,” says the old French proverb. If the government will do nothing to protect their interests they must dake steps to defend them themselves. ‘Tay Seeaxuesu Dieviceury av Atsany.—It is to be hoped*that a few days of cool reflection will have brought home to the actors in the late disgraceful scenes in the Assembly some seuse of shame for the impropriety of their con” duct, and that a compromise will be agreed | upon which will prevent their repetition. No doubt all concerned by this time feel that there is something worse than a party defeat, and {hat is the discredit brought on the body to which they belong by their overbearing con- duct and violence. We therefore anticipate that on both sides there will be a disposition to avoid a renewal of the scenes which have so much astonished and disgusted the public. In any case we trust that the Governor will be | ready to put down by a strong military force any further disposition that may be evinced to convert the Assembly chamber into a theatre ‘of riot and bloodshed. No necessity may arise for his interference; but the most effectual way to prevent that necessity is to be prepared for it. , Skatixo at THe Central. Panx.—We are at length officially informed that there is good skating at the Central Park. The ball is up. The Central Park lake, the pond at Fifty-ninth street and the pond near the Conservatory are | all covered with beautiful ice as smooth and | transparent as glass, Now the skating carnival will begin. Now New York will again be on- runners of every conceivable device and pat- tern. The skating excitement, so long repress- ed—for there has been but half a day's skating before this in the Park this winter—will burst Before the Park pond all the other skating ponds will be re- duced to insignificance. If no ill-timed snow | storm now comes to spoil sport, we may expect (o see the skating furer of last year rewewed and surpassed. Massachusctts M ir 1968. Bosrow, Jan. 5 ‘The report of the savings banks, prepared in the State Department, shows the amount of devosits in those inati~ tutions in Massachusetts on the 26th of October, 1462, te be atraction lees than $50,500,000, being nearly $6,000,000 more than io 1861. ‘The following is the weekly statement of the Boston benks — Capital stock... Lean and discount Thre from other baal Ima to other banks Doponits .. Circulation Meacena’s Inset Brsoane.—: this command now in Now York aod viciity, will be held at its office, 596 Broadway, to-day (Wodnesday) ag, twelve a’shrcks, A Cul aliesauce W reauenied, ihe