The New York Herald Newspaper, January 27, 1863, Page 4

4 NEW YORK HERALD. JAMES GURDON BENNETT, EDITOR AND PROPRIETOR. N. W. CORNER OF FULTON aND NASSAU BTS, ‘XXVIII AMUSEMENTS THIS EVENING, NIBLO'S GARDEN, Broadway.—Leau, Tar Forsaxen | WALLACK’S THEATRE, Soanoat, WINTER GARDEN, Broadway.—Cumyer Corxer— Nakamarran, LAURA KEENE'S THEATRE. Broadway.—Prr or tux Perticoats—Mi, axp Mus. Wuirs. Broadway.—Scnoo. rox NEW BOWERY THEATRE, Bowery.—Coumey Bawx— ‘TwENTY-SRVRNTH STRKET GHOST—ONX ULAss MORE. BOWERY THEATRE, Bowery IOUS FAmILY—Jack AND THe BEANSTALK—CO-LEAN 1} BARNUM’S AMERICAN MUSEUM, Broadway,—Mis Lavinia Waknen—Commopons Nutt, ke. at ull hours Cuantxs IL—Atvernoon and Evening. BRYANTS' MINSTRELS, Mechanics’ Hall, 472 Broad. way. —Ermioriay Songs, BURLesquas, Dancus, &c.—Hicu | Dapor. WOOD'S MINSTREL HALL, 514 Broadway = Boxcs, Daxoxs, AC. DOWN IN Obb Keren rae BUCKLEY'S MINSTRELS, Stuyvesant Institute, aualway —Ermiorian Sonos. Danors, &c.—La donx. a IRVING HAL) vii —Mrs. AIRVING HALL, Irving place—Mms. J. E. Twoxas THEATRE FRANC Le Darit Amourxux—! N Saloon, Broadway.— ‘RU AU CONVENT. NAPOLEON'S THEATRE, aes 's E, 585 Broadway.—Oxnirarious COOPER INSTITUTE, Broadway.—] ft - miro OF THE LAUGHING Gass ny D> Covton’s Exar BROADWAY MENAGE Animars, Beaxpep Saxt, AMERICAN MUSIC HALL. No Bie tits, Paxrowtaxs, Bomursgues, ao, “* Soadway—Bat » Broadway.—Living Witp PARISIAN CABINET OF WONDERS, 563 Bi - Open daily trom 1u A. M, till 10 P.M isiiectank HOOLEY'S OPERA HOUSI i Boxcs, Daxces, Buniesaras ke STOOk®—Braiorsan New York, Tuesday, January 27, 1863 THE SITUATION. The news from the Army of the Potomac to-day is important and interesting, although it does not contain any information relative to the advance movements of our troops, or herald the approach of victory. It comprises the facts that General Burnside has withdrawn from the supreme com- mand, and that the veterans Sumner and Franklin have also been relieved from their commands re- spectively of the right and left grand divisions of the fine Army of the Potomac. All three arrived in Washington yesterday. Gen. Joe Hooker suc- ceeds Burnside. Who are to occupy the places NEW YORK HERALD, TUESDAY, JANUARY 27, 1863. laid over. The resolution instructing the Military Committee to inquire whether the plans of Gene- ral Burnside have been interfered with by subordi- nate officers was called up and adopted. The Se- | nate then considered the bil! to abrogate the treaties with the Sioux of Minnesota, and to in- | demnify citizens of that State for losses incurred by the recent Indian outrages. The bill, after be- ing somewhat amended, was passed. A commu- nication was received from the President, trans- | mitting the report of Secretary Seward and the | instructions to our consuls in Turkey, An exe- cutive session was then held, at the conclusion of which the Senate adjourned, Inthe House of Representatives, Mr. Indoc, of | Wisconsin, appeared and was sworn in as the suc- | cessor of the late Hon. Luther Hanchett. The bill | fora branch mint in Nevada was reported back ; favorably from the Ways and Means Committee. | A bill to establish an arsenal and ordnance depot | in New York harbor was reported from the Mili- | tary Committee. Mr. Thaddeus Stevens, of Penn- | sylvania, reported a bill authorizing the President to raise and equip for five years’ service one hun- dred and fifty thousand negro soldiers. The con- sideration of the bill was postponed till to-day. A resolution was adopted instructing the Committee | on Military Affuirs to inquire into the expediency of the President being authorized to accept for three years’ service any companies of soldiery that may offer, without limitation as to number. The Senate bill making Ohio and Michigan the Seventh judicial district, and Ilinois, Indiana and Wisconsin the Eighth, was passed. The House then went into Committee of the Whole and took up the Finance bill. Mr, Stevens’ substitute was considered, and rejected. The amendment to tax bank circulation, previously defeated, was again offered and voted down, Other amendments were proposed and rejected, when the committee rose and reported to the House the Ways and Means Committee's bill, as heretofore amended, which was published in the Heranp on Friday and Saturday last. The greater number of the amendments of the Com- mittee of the Whole were agreed to by the House. Some were reserved for u separate vote, among which was that permitting the Secretary of the Treasury to dispose of the bonds on such terms as he may deem advisable. The amendment taxing the aggregate of bank deposits was disagreed to. The Dill, as amended, was passed without a divi- sion. It will be found in another part of our paper this morning. The Post Office Appropria- tion bill was passed. The resolution providing for pensions and bounties for the officers and soldiers of the Western Military Department, and that legalizing the transfer to the Albany prison from the District of Columbia of criminals, were adopt- ed. The House then adjourned. THE LEGISLATURE. The Senate of our State Legislature yesterday compressed its proceedings into the space of about. ten minutes, and adjourned till eleven o'clock to- of Genorals Sumner and Franklin has not yet been announced. The particulars of this revolution in day. Nothing of importance was transacted. In the Assembly the long, angry and tempestu- steady. The grocery trade wag moderately active. Rio | coffee was advancing. Fair sales of other leading articles | were reported at full rates. There was more activity in | freights. ee The Army of the Potomac—Anether Re- organization—Significant Signs of the Times. The secret of General Burnside’s late visit to Washington is disclosed. He is relieved, at his own request, of the commaad of the Army of the Potomac, and General Hooker has been promoted to this responsible and important position. We presume that General Burnside’s modest estimate of his own capacities has had as much to do with this change as any other cause; for he is universally esteemed a brave, energetic, frank and magnanimous soldier. We know, too, that the country, instead of demanding hi® removal after the late Fredericksburg battle’ desired that he should be given the opportunity to retrieve that disaster, and we believe that such was the desire of the army. President Lincoln has left upon record his undiminished confidence in General Burnside, and that his late repulse from the ¢hemy’s works was “an accident,” and: not the result of a blunder.’ From the reported resignation of those tried and trusty soldiers, Generals Sumner and Frank- lin, it would further appear that while they were still ready to render a cheerful obedience to General Burnside they have not the same degree of confidence in General Hooker. We must not forget, however, that among military men there are often disagreements upon mat- ters. of rank, precedence and claims to promo- tion and professional prejudices that are incom- prebensible to civilians; so that from the resig- nations of Generals Sumner and Franklin we can form no just impression of the capacities of General Hooker to command the Army of the Potomac. No man can doubt that the recall of General McClellan to the head of this army would have imparted a degree of harmony and enthusiasm among its officers and soldiers, and a degree ral Fitz John Porter Court Martial was offered and | ness in provisions was in hog products, which wero | The Speaker of the Sew York As-| The Causes and Eects of Our Depre- | tariff on foreign paper from its "present sembly. | ‘The long, riotous and ridiculous contest for the Speakership of the New York Assembly has at length ended by the election of Mr. Cal- | licot. We imagine that poth democrats and re- | publioans will congratulate themselves upon this result, Mr, Callicot is a democrat, but having sold himself to the republicans he was elected by republican votes. It is a significant sign of the moribund condition of » party when it is forced to select such a candidate in order to achieve a petty triumph. The republicans will be happy because they can claim to be victorious, The democrats ought to be equally happy becanse they have encountered a glori- ous defeat, and because the republicans have secured @ disgraceful and disastrous victory, Callicot’s election is to the republican party what a Dead Sea apple is to the man dying of thirst—fair to look upon, buf turning to bitter ashes when tasted. To the democra's, on the contrary, it is remarkably like sour grapes. It isvery evident that Mr. Callicot regards the Speakership as a mere matter of specula- tion. He has sold bimself for the advantages eonnected ‘with the office, amd has received his price. In this respect he is far more acute than Mr, T. Jéfferson Boyer, of the Pennsylvania Legislature. Mr. Boyer informs us, in a com- munication published on Sunday last, that ex- Secretary Cameron offered him twenty thousand dollars for his vote on the ballot for United States Senator, and that he accepted the offer, but not the money, and voted against Cameron. This was, of course, an admirable bit of strategy; but it strikes us that Boyer should have pocketed the twenty thousand dollars ‘and then delivered his anti-Cameron vote. This proceeding would have been in strict accord- ance with the recognized rules of honorable warfare—that supplies should always be ob- tained from the enemy if possible. Nor would it have been at all opposed tgthe morality of Wall street, where stocks are sometimes pur- chased and paid for, but not delivered. We give Mr. Callicot credit for a better acquaint- of confidence to the country which would have led us on to certain victory; but as McClellan appears to be out of the question, our confi- dence and our encouragement are due to Gene- ral Hooker. He has secured the popular dis- tinction in the army of “fighting Joe Hooker,” and we doubt not that among the most of its officers and men he will be cordially accepted as their leader. He has proved his fighting. qualities in many of the most sanguinary bat- tles of the war; but he has yet to prove his capacities, in’a difficult field off operations, to handle an army of one or two hundred thousand men. He is entitled to a fair trial, and it is to ance with the art of war and the principles of finance than Mr. Boyer. New York generally manages to keep ahead of Pennsylvania, even jn such transactions as these. Now that, Mr. Callicot has obtained the advantages for which he sold himself to the republicans, we shall be greatly surprised if he does not double bis gains by selling out the republicans to the democrats. This patent, back-action process would give a fine finish to the affair and comfortably complete the nice little arrange- ment all around. We are quite sure that so keen, shrewd and capable an operator as Mr. Callicot will imme- prohi- cintea Currency. bitory rate, and as the issue of more paper Very few of our readers will need to be in- money will raise the prices of all kinds formed that the rise in the prices of all articles | grticles, it is more than probable that the daily of wear, use and consumption is one of the | papers will be obliged to add another cent or effects of our depreciated currency. The pre- | two to their present prices. Thus the people mium on gold represents accurately the depre- | are taxed for the benefit of a few monopolizing g ciation of paper money. A dollar bill is now worth about one-third less than it was a year ago. Consequently prices are advanced at least one-third more, and all kinds of provisions, clothing and other articles of necessary use— including the newspapers, which are as indispen- sable as food and clothing—are proportionate- ly dearer. This advance in prices is a tax upon the laboring man, the man of fixed income and the manufacturer far heavier than any ever im- posed in a legitimate form by any government. Taken in connection with the internal revenue taxes recently authoriwed by Congress, it is almost insupportable; and when the currency is still further depreciated by the proposed issue of several millions more paper money the effect will certainly be the almost utter ruin of the present generation, unless some happy miraculous accident should prevent. The causes of this disastrous depreciation of our currency are, secondarily, the mismanage- ment of the Treasury Department by Secretary Chase, but, primarily, the nagement of the War and Navy Depart: by Secretaries Stanton and Welles, under control of the’ radical leaders. These radicals have ‘delibe- rately destroyed the eountry in order to force the President to issue the emancipation procla- mation. Now, having secured this darling ob- ject, they propose to acknowledge the Southe: confederacy on the Ist of May next, tifoe openly confessing that they involved us in this war, not for the sake of the Union, but for the sake of the negro and the political power which negto suffrages will give them in a North- ern republic. It is a fact so plain as to be now admitted by all, except the most prejudiced partisans, that if this war had been properly and constitutionally conducted it would have been gloriously concluded long ago by the submission of the rebel States and the reconstruction of the Union. If this had been accomplished we should have had no de~ preciated currency burdening the people with its multiplied taxations. Again and again has this fact been demonstrated to the administra tion, but without any satisfactory result. Under all cifeumstances and in every case~ measures manufacturers of paper. Pusiic APPRECLATION OF 4 SOLDIER.—A very interesting incident has recently occurred in this city—such an incident as we occa. sionally hear of in the affairs of men and of na tions. The reward of probity and unpretending merit is manifested in a variety of ways. We sometimes hear of distinguished men in Eng land, who, having performed important publio services disinterestedly and patriotically, have been presented with some valuable memorial as a mark of national appreciation. On some occasions they have been presented with large sums of money, as in the case of Mr. Cobden who received something like one hundred thou- sand dollars from his grateful countrymen. It has also been the habit among many nations to evince their regard for great men by erecting monuments and statues to their memories after their death. The incident to which we have now to allude takes precedence of all these in many respects. It is as unique as it is bigh'y appropriate; and, while it is unprecedented as amark of public appreciation, it is one of the most solid as well as truly tasty means of popu- larly recognizing tic services of a distinguished citizen and soldier. , The friends of General McClellan—and their name is legion—will, then, be glad to learn that his services to his country have been fully ap- preciated by a number of his fellow country- men. His excellent lady has just been pre- sented with a most beautiful and spacious resi- dence, furnished in a superb and costly manner. The house is not only delightfully situated, but it hag been provided with all the essentials to comfort and even of fashionable elegance. The utile dulci have been most exqusitely combined, While the deep parlors are covered with the rich carpets of Turkey, the capacious cellars are stored with amphore of such Falernian wine as Horace would have been pleased to broach. The safes, cupboards and lockets have been crammed with the choicest groceries and delicacies which could delight the most Epicurean tastes and appetites. Around the lofty walls are suspended splendid paintings— which would have aided the Unien cause have'| te.chef-d'aruvres of ancient and modern mas been overslaughed by measures designed to benefit only the negro. By the most absurd and sophistical arguments the radicals have en- deavored to persuade the people, and have suc- ceeded in persuading the administration, that ters; while glittering chandeliers depend in brilliant beauty from its ceilings. In short the house was made worthy of the honored parties for whose acceptance it was intended. i This beautiful and singularly appropriate gift was tendered to Mrs. McClellan in a neat the army commands will be found in'full in our | ous struggle for the Speakership was yesterday, columns to-day,togetherwith the farewell address of | *fter three wecks’ continuance, brought to a ter- be hoped that he will not be embarrassed and | diately perceive the benefits which'will accrue defeated in his movements—as his predecessors | to him by this retrograde movement. In the have been—by the politicians at Washington, | first place, he has already secured all the ad- the cause of the Union and the cause of the abolitionists are identical. The effect of this little letter, and all that she is now left to do is to assume the ownersbip and possession of the’ Gen, Burhside, in which he says that the short time | ™instion. On assembling a proposition was made time he has directed their movements has not been fruitful of victory nor any considerable advance- | ment of their line ; but it has again demonstrated an amount of courage, patience and endurance that “‘under more favorable circumstances” would have accomplished great results. The news from the Southwest is to the effect that the rebel General Wheeler's cavalry made a dash at a train of cars, on Sunday, on the railway by a democratic member to elect a Speaker and a Clerk together, by viva voce vote; but, after con- siderable discussion, this proposal was overruled, and the House proceeded to ballot for a Speaker, when Mr. Callicot, the candidate of the republi- cans, received 61 votes, and Mr. Trimmer, demo- crat, 59. Mr. Callicot was therefore declared elected presiding officer of the present Assembly. This was the ninety-third balloting in all since the House has been in session, which is just three weeks. Mr, Callicot was conducted to the chair, and made an address, thanking the members for and by the slowness of the military authoritics there in sending forward his needful supplies, reinforcements and means of transportation. But still the question recurs, what is the pros. pect of a forward movement of the Army of the Potomac? We apprehend that these last changes among its commanders preclude the idea of an early advance—that some time will be required by General Hooker to get the army well in hand; but still we must urge upon President Lincoln that time at this crisis is vantages of the Speakership hy his election. These advantages he can retain, even if he re- races his steps to the democratic camp. In the gecond place, by giving the democrats the ascendanc; all the committees—and mo de- mocrat will fuse to serve, caucus resolutions to the contrary notwithstanding—he will regain his standing in his party and be ready for any chance of advancement which may occur in the future, Among these chances that of being able (6 sell himself again at some subsequent between Nashville and Franklin, and succeeded in | the honor conferred. The other officers of the destroying two cars; but were frightened away | House—all republicans—were then elected. Mr. before they destroyed the balance of the train. Brigadier General D. 8. Stanley followed the rebels sharply, but they had too much the start of him. He rode fifty-two miles within twenty hours. General Rosecrans complains that the newspa- pers in Cincinnati and Louisville announce the shipment of supplies for his army, and thus put the rebels on their guard to capture them. By an arrival from New Orleans and Key West we are in possession of the fact that a rebel steamer, supposed to be the Alabama, the Oreto or the Harriet Lane—which of the three it is hard- ly decide—came into colli- sion off Galveston with the Upited States gunboat Hatteras, which attempted to stop the pirate, and sunk her by a heavy fire. The Brooklyn and Sciota, upon hearing the firing, went to the relief of the Hatteras, but only in time to pick up @ boat's crew, and discover that the Hat- The pirate represented himself to be the British war stoamer Spitfire, and while being boarded from the Hatteras poured a tremendous fire into her, with the fatal results above recorded. Our gunboats on the Mississippi had a sharp en- gagement with the rebels on the Bayou Teche on the th inst., in which they captured a number of the rebels; but unfortunately we lost the com- mander of the expedition, Thomas McKean Bu- possible to teras was sunk in nine fathoms of water. chanan, who was shot through the head from the enemy's rifle pita. CONGRESS. Tn the Senate yesterday, a resolution was adopted instructing the Committee on Commerce to inquire into the expediency of the appointment of an Assistant Collector of Customs at Jersey City, to be included in the district of New York. A bill for the organization of a volunteer militia force, to be called the National Guard of the United States, was introduced and referred to the Military Committee. The bill to provide for the re- moval of the Indians from the State of Kansas was called up and discussed until the expiration of the morning hour. The bill for the better protection of overland emigrants to the Pacific States and Terri- tories was passed. A bill to provide fora national Gurreney, to be secured by the pledge of United States stocks, was introduced and referred to the Finance Committee. A motion was made to re- consider the vote of Saturday adopting the reso- lution by which the Secretary of the Navy was gestrained from accepting the title to League Island, near Philadelphia, for a navy yard. The Dill to suspend’the sales.of lands on the coasts of | Bouth Carolina and Georgia was passed. communication was presented from lobor- ers in €ngland, returning thanks for dona- tions of provisions from the United States, Joseph B. Cushman, of Oneida county, was elected lerk. As soon as the organization and the cere- monies attendant thereon were completed, a pre- amble and resolution were offered, alleging corrup- tion on the part of Mr. Callicot during the Speak- ership contest, and calling for a committee of five to investigate the case. These were discussed for some time, when, without coming to a vote on them, the Assembly adjourned till eleven o'clock to-day. MISCELLANEOUS NEWS. Resolutions strongly condemnatory of the gene- ral government, of the action of the ‘‘ partisan’’ Court Martial by which General Fitz John Porter was dismissed, and deprecating the misma- nagement of the war, were presented by Alder- man Farley yesterday, in the Board of Al- dermen, and after some discussion passed by a vote of thirteen to three. They contain some hard and fearless knocks at the federal government and the Court Martial, and will, no doubt, this morning be the subject of much discussion among the general public. What will the city do? How much will loeal legislation be stagnated, if these fearless thirteen city fathers should be sentto Fort Lafayette? The suspended work on the new Court House will probably be resumed forthwith. The Mayor, on Saturday, signed the papers prepared by the Supervisors, auditing certain expenditures on the work, which papers were prepared as a test of the matter whether the Board of Supervisors could authorize the building to be resumed and carried on under the direction of the Board, in default of the City Hall Commissioners. The pa- pers in question were intended to carry the issue before the courts had the Mayor refused his sig- mature. The Burns Club, of this city, last night celebrat- ed the natal day of Scotia's favorite bard by a supper at Ittner's saloon, in Grand street. Wit, song and wine enlivened the proceedings, which were prolonged c@msiderably beyond midnight. The case of Joel B. Ferguson, & class leader in the Bedford street Methodist Episcopal church, charged with having obtained $1,000 under false pretences from Mrs. Catharine Carter, # member of his class in 1860, was resumed yesterday in the Court of General Sessions before City Judge McCunn. Several witnesses for the defence were examined, for the purpose of proving the value of the property owned by the defendant when the loan was negotiated. Mr. Solomon 1. Hall, coun- sel for the defence, then summed up, and the case was adjourned until eleven o'clock this morning., According to the City Inspector's report, there were 470 deaths in the city during the past week— an increase of 3 as compared with the mortality of the week previous, and 79 more than occarred during the corresponding week last year. The re- capitulation table gives 2 deaths of alcoholism, 5 of | disease of the bones, joints, &c.,76 of the brain and | nerves, 1 of the generative organs, 7 of the heart | and blood vessels, 192 of the lungs, throat, &c.; 6 of old age, 40 of diseases of the skin and eruptive | fevers, 6 prematare births, 60 of diseases of the | stomach, bowels and other digestive organs; 95 of | uncertain seat and general fevers, 7 of diseases of the urinary organs, and 27 from violent causes. and expressing the desire that means may | qneee were 311 natives of the, United States, & be provided for their emigration hither. The Vice | 6¢ gngland, 107 of Ireland, 29 of Germany, and President said that the uniform practice had been the balance of various foreign countries. not to receive communications from foreigners. ‘The stock market was decidedly lower yesterday on the A bill to faciliate the transportation of troops and | gotive speculative shares, which dectined from 1 to 3 per war munitions. and to afford additional commercial | cent. Governments were steady, State stocks and bonds facilities to the West, was introduced: also one for | firm. Moaey was in active request at 6 per cent. Gold the enlargement of the canals and the improve- | opened at 148%, rore to 18244, and closed 161% bid—the vigation of the Fox and W ment of the n gin rivers, which was referred to the Military Committee. A resolution was adopted instructing | the Printing Committee to inquire if any govern- had official correspon- gnoutal department advance being caused by the news of the changes in the Army of the Potomac. Exchange advanced to 106); a | 166%. The bank statement shows an increase of {$3,608,225 in deposite; $2,081,708 in loans, and $908,529 « coin. precious beyond all calculation. There gre | period should by no means be overlooked. In three armies of the rebellion which may still be | the third place, Mt. Callicot will thus connect defeated and dispersed within sixty days; but | himself with the rising party, instead of which, if demolished within the next three | becoming a raw recruit in the ranks of a months, will substantially put an’ end to the party which has been defeated in every rebellion. These three armies are the army of | recent election, and which will be so terribly Bragg or Longstreet, in Tennessee; the rebel | beaten in the next Presidential campaign that army at Vicksburg, and the main reliance of | it will never again be heard of, save by the stu- Jeff. Davis, the rebel army of Virginia. Gene | dent of political antiquities. A man of Mr. ral Rosecrans, in good season, we doubt not, | Callicot’s talents and discernment will undoubt- will effect a final settlement with Bragg and | edly agree with us that Judas Iscariot was a Longstreet, and between Generals Grant and | great fool, and that his name does not deserve sophistry was to bewilder the President and in- duce him to issue"the emancipation proclema- tion inorder to save the Union. But, as we always predicted, and as Jeff. Davis and the radicals now agree in announcing, that procla- mation has so totally changed the object of the war that reunion seems impossible; for we are now fighting not to bring the rebels back to the Union they left, but to force them into a new Union, the first principle of which is abolitionism. Our readers will remember that when this war broke out the argument by which we justi- fied our coercion of the South’was that the re- mansion. This circumstance must havé been very surprising te General McClellan ‘and his amiable lady, for.whom the gift is specially in- tended, no doubt with the view of still more pleasing the General; but when it is under~ stood that many of the gentlemen who sub- seribed liberally for this purpose are leading republicans of the land, it will probably not surprise patriots, but only those whe have al- ways been endeavoring to assail and overthrow one of the most accomplished of American sol. diers, whose sword had no sheath when called bellion was without any just cause, since the | ‘the field of duty. We have learned with government was still strictly constitutional and | Pleasure that among the subscribers to this Me™ was not abolitionizéd by Mr. Lincoln’s election, | Clellan testimonial are the names of Astor, As- The course of the administration—against pinwall, Morgan, and others eminently distin which we have always protested—has gradu | Suished. This is truly a monument toa mam ally nullified that plea. Jeff. Davis received before his death; and it is highly probable that the emancipation proclamation gladly, and the people of America will hereafter endorse assured his followers that it presaged the ac- this munificent gift of so many patriotic citi- knowledgment of the confederacy. The radi- | “%* by conferring on General McClellan an cals candidly acknowledge the same thing by annuity for four years of $25,000 a year, tom gether with the use of a fine residence in the ‘The advance in gold favorably affected the markets for | McClernand and Admiral Porter from above, and Gencral Banks and Admiral Farragut from below, we expect before the lapse of another month a glorious report from Vicksburg and Port Hudson. But Virginia, the quarter in which success is most urgently demanded—where success ig most essential to destroy the unity, the prestige and the hopes of the rebellion, and where our forces and means for securing success are posi- tively overwhelming—Virginia remains in doubt. Had General McClellan been cordially supported at Washington, Virginia would have been reclaimed six months ago; if his route to Richmond is now adopted, Jeff. Davis may be expelled before the Ist of May, otherwise the dawn of summer may find our army still flonn. dering in the mud this side of the Pamunkey river. There are strange rumors afloat that the Army of the Potomac is to be broken up, and that “the heart of the rebellion” is to be aban- doned for some new expeditions against its ex- tremities; but we cannot believe that any such suicidal policy is contemplated at Washington. If we are to have peace in May, Union or no Union, according to the foreshadowings of Greeley, we, the people of the loyal States, have the right to demand that the war in the interval shall be prosecuted earnestly and heartily to put down the rebellion; and we are sure that if the war is thus pushed forward, and with anythiog like ordinary ability at Wash- ington, the rebellion will by the Ist of May be “extinguished. The present administration, the government of the United States, and the loyal States of the Union, will be forever disgraced before the world if they fail to accomplish the restoration of the Union. We must make sure of its ac. complisbment, too, before the Ist of May, or we are threatened by the abolition faction with an inglorious dissolution. With twenty-three millions of loyal people against the eight mil- lions of souls Involved in this rebellion—one- half of whom are African slaves—and with our land and naval forces in the field, equal three | times over to the armed forces of the rebellion, it seems astounding that the war should last so long, and incredible that doubts are entertain- ed even at Washington of our final success. But let the administration exhibit henceforward anything like conmmon ability and honest and | earnest energy in fighting this rebellion, and | all doubts upon the subject will soon be ended. We must still admonish the administration, however, that it may full, and that the country may survive its loss, and that President Linco within the next three months will settle, at all | events, the question of the success or the igno- minious failure of the government in bis hands. Let him reclain the conservative sentiment of the loyal States, and look simply to the restora- tion of the Union, and he will go down to posterity gloriously identified with bis eountry’s to be recorded among those of remarkable rogues. Although Judas was more clever than Boyer, since he certainly accepted his thirty pieces of silver, yet he was very deficient in the true art of knavery,or he would have re- joined the disciples instead of hanging himself, and thus made certain not only of his silver but also of his salvation. It is just this silly mistake which we wish Mr. Callicot to avoid. Instead of committing political felo de se by ad- bering to the already defunct republicans, let him hold onto the advantages he gained by selling himself for the Speakership and then go back to the conservative party again, and so work out his political salvatis Tar Raprcars Workina ror Napo.cox.—The Emperor Napoleon’s influence over his people will be vastly increased should he be allowed to intervene in our affairs. The inference to be drawn by the French would be altogether in favor of their Emperor’s might and our weak- ness, and the fact itself would be considered by many as an argument against our institutions. Thatthe great republic of America should be forced to accept the mediation of France to be saved from ruin, would be a source of gratifica. tion 4nd boast to the latter, and, as a result, the power of Napoleon would increase tenfold. The French people will respect him the more becawe his very act of mediation will prove the existence of his influence. It is well known that lis Majesty has taken the initiative as re- gards intervention in our affairs; and should | our gpvernment accept his mediation, backed by tha of other European Powers, to Napoleon alone will the credit of the joint action be accordéd by all Europe. Should the radicals call ujon Napoleon to offer mediation, as we | have rejsons to fear they will, this action would be addig to the influence and power of the des- potic goyernment of France. The troubles of the radials bid fair to help Napoleon out o¢ adilemna, as in coming to their relief by of. fering, ai their instigation, his sid and advice in order to settle the war, he carries out a po- licy to which he was irresistibly driven by cir- cumstancls. Hundreds of thousands of bis people art starving, and he felt urged upon to meddle i} our affairs. Just at the moment when he kaw before him the dangers of a war with the ) in case he recognized the Southy he finds radicals ready to call him to their aid. Trulfhe isa fortunate ruler. The ragi- | cals tevin el for the negro will now en. | deavor todo something for Napoleon. The Union or ie either leis } Fiantmo| Jon Hooxer wy Wart, Srreer.— The news d the resignation of General Burn- side, and the appointment of General Hooker to the comnand of the Army of the Potomac being known in Wall street yesterday morn. white man they have never had or inclination to benefit. ing stocks fll two to five pee cent at the first dence published san advertisement since March domestic produce and general merchandise yesterday, 4, 1861, and if so in what paper, and the cost | cotton was up to 7640. for middling, with sales and re. thercof. A resolution requesting the President to | saics of 1,800 halos, Flour was Se. © 10¢., wheat 20. a 26 | deliverance. Let him work to this end as if | board. This is a capital augury for Hooker. | | his term of office were limited to the Ist of | Having began business by knocking stocks | fransait a record of the proceedings in the Gene- | and corn 1c. higher, with a good demand. The chief buni. with success, the rebel army. . | May, and his efforts will surely be crowned | down, we hope that he will next knock down | ri ‘ \4paper manopolists, and refuses to lower the Proposing to let the South go on.the Ist of May next. The effect of this action will be to weigh the loyal States down by our immense nationay debt, about which the administration cares as little as if it relied upon Colorado Jewett’s gold mines to settle all our bills. By prosti- tuting this war into an abolition crusade, there- fore, the administration has not only prolonged the conflict and increased its cost, but has alsy rendered it perfectly barren of success. Bo seeking to abolitionise not only our cause but also our armies, the administration has added to the cost of the war in life and treasure? for competent generals have been dismissed simply because they were conservative, and in- competent generals Lave been appointed simply because they were negro-worshippers, Upon the same principle incompetent Cabinet mem bers have been retained because they could serve the negro, even if they could not serve the country. We find, therefore, that the pre- sent administration has caused the depreciation jm our currency, first, by prolonging and in- creasing the expenses of the war; and, secondly, by keeping in office a set of incompetent and jm some cases corrupt imbeciles, who cannot manage either our armies, our navy or our treasury. The fate of the administration and of the party which supports it is consequently sealed, whether the Union is ultimately restored or divided. Even more unanimously than during the Tippecanoe campaign the people | will rally to hurl this corrupt administration out of power at the next Presidéntial election: There is no need of any argument to make the people conservative. As .their bills come in from the butcher, the baker, the grocer, the tailor, the hatter, the shoemaker, the dry goods merchant, the milliner, the dress and mantua makers, the gas manufacturer, the upholsterer, the coal merchant, and all other tradesmen: each bill is an argument against the present abolition administration stronger ever than the appearance of the tax collector or of the agent for the military conscription. Tae Arrest or Mr. Dewwinc.—Among the recent arrests of private individuals made by the direction of the Secretary of War we per- ceive the name of Mr. Demming, a gentleman who once occupied the position of correspon- | dent to the Associated Press, He accompanied | and recorded the battles of McClellan's army on the Potomac as well as on the peninsula. | He was always considered to be a very compe- tent, loyal and reliable man, and there is no di- vision of opinion in this respect. THe satisfied the army with the impartial fairness of his re- ports, while he gave the public the fullest de tails that were consistent with the restrictive regulations of the government. Suddenly Mr. Demming found himself undee arrest, because, forsooth, he ventured to think that General McClellan was a very (00d soldier. We now Jeara that he has been discharged in the same summary faahion. Tae Prick or Parza and Tam News- District of Columbia, now occupied by Mr. and Mrs. Lincoln. Tar New Ramcat Procgravwe—Revnion on Separation BY May Next.—In another column will be found a highly important letter from one of our Washington correspondents, disclos” ing the new military and diplomatic programme of the radicals, of which the substitution of General Burnside by General Hooker in the command of the Army of the Potomac is the initiatory step. It will be found to bear out substantially the previous speculations of thi® journal as to their intentions and policy. It appears that the leading members of the party, foreseeing that if the war is protracted much longer under its present conditions, the people will shut down upon them and refus® | them further supplies of men or money, have hit upon a scheme which they believe will en- sure the realization ef the objects for which they have made such reckless sacrifices of the national resources. It is, in the first places their intention to push forward the campaign with all the vigor possible during the next three months, and with this view General Hooker has been placed in command of the Army of the Po- tomac, in the belief that the dash and impetuosi- ty by which he is distinguished will materially conduce to that object. Whether this officer possesses the capacity to mancwuvre a large army, such as is now under his orders, or whether he has ability enough to surmount the difficulties opposed to bis progress by causes which are usually deemed to be beyond human control, of course has aa yet to be settled. The principle of concentration is to be carried out generally in our military arrangements, heavy reinforcements are to be sent to Rosecrans, Vicksburg and Port Hudson are to be attcked by forces sufficient for their reduction; Wilming- ton, Charleston, Savannab.and Mobile are to be assailed in succession, and another effort is to be made to capture the rebel capital. All these objects accomplished, it is expected that by the Ist of May next the rebels will be brought to terms. This portion of the programme would be most encouraging but for the doubts which the sequel involves. From that it is evident that its autHiors do not, place much reliance on its success. Thus we learn that whilst the pro- posed plan of operations is being carried ont, secret agents are to be sent by the government to Karope for the purpose of coming to an un- derstanding with Louis Napoleon in the event of its failure. The intention in that case is to call upon the French Emperor to interfere to effect a peaceable separation be- tween the North and South, provided that such separation be based on a plan of gradnat emancipation in both seations, atid a proper ad- justment of boundaries. It is not delieved that the South would consent to such terms, aud the idea is, that its refusal, woul® so damage its cause in Burepe that it would fail to secure further sympetiy or assistance from that quar —As Congress persistently favors the wesach te the plan by which the radicals hope