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4 NEW YORK HERALD. JAMES GORDON BENNETT, EVITOK AND PROPRIEJOR OFFIUE N.W. CORNER OF FULTON AND NASSAU STS. Volume NXVIUL..... cesseeee NO. 189 AXUSENENTS THIS EVENING NIBLO'S GARDEN ‘iroadway.—Tux Duxw's Morro. WINTER GARDEN Broadway Nig Points or tae “ gusasD MILINERS—A REGULak w-Wantkn, One VIVES OP Pray. avis Min. LESQUES, AC. M. Broadway —Gen, urt, at ali hours San- aud’ Evening MINSTRELS. diechandes' Hall. 472 Broad. MAN SONGS, BURLESQUES, Dances £0.—CuAw ©OD'S MINSTREL HALL, 514 Broadwar.—Eruiorian’ s Dave: Tuscet EXCuRsion an» PAaNoRama | NEW YORK HERALD, FRIDAY, JULY, 10, 1863. | longitude 68. She started a boat, heavily manned, Richmond can adopt for further resistance, ex- after the bark; but a fog settling down just then | ‘The privateer was a three masted schooner, and carried the English flag. Our European fies by the Asia contain the im- portant information that General Forfeit, of the French army, had left Paris for Mexico, bearing despatches from the Emperor to General Forey, in which he was ordered that when he entered Mexice city he should issue # proclamation an- | nouncing Napoleon's intention to recognize the | Davis governmert. This news is contained in La France, of Paris, the special organ of the Emprese Eugenie and the high church party of France. We have also some details of the alleged plan of Lord Palmerston to propose a reference of the American question to the arbitration of King Leo- pold of Beigium. Earl Russell, in reply to the Earl of Clanricarde, enabled the latter to escape. IRVING HALL, Irving place. —Tax Stergorticon. RW IDKA. 48 Broadway.—Tux Dizaw—Gauen NiW YORK MUSEUM OF ANATOMY, 618 Broad — Coons amb Lyeronus, trom 9 A, MC MIIOP a HOOLEY'S | OPERA HOUSE, at Fores, Daxcus. Boeussaues ac DTeSy.—Brmorian New York, Friday, July 10, 1863. THE SITUATION. A sharp fight took place on Wednesday morn- ing at five o'clock, near Boonsboro, between the Union cavalry, under Generals Buford and Kil- patrick, and the rebel infantry and cavalry in large for under Generals Stuart, Hampton-and Jones. Artillery was used on both sides. Our troops fought gallantly, but were forced to retire to Boonsboro inch by inch, which they held toa late hour, and then drove the enemy back three miles. It was reported that General Kilpat- Tick’s force was surrounded and compelled to cut its way out; also that General Kilpatrick was killed. Later despatches last night, however, con- tradicted this rumor, although the General was confined to bed yesterday from sickness. The fight ‘was not renewed yesterday morning. The rebels were reported to have their pickets thrown out nearly to Boonsboro, enclosing within their lines the Antietam battle field and Shepherdstown cross- ang. The main force, however, is considerably west of this point, and covers the three roads that meet at Williamsport. It was thought that the attack of Wednesday was a reconnoissance of the enemy to feel our position. Our loss was quite insignificant. The loss of General Le» in the three days’ battles mitst be nearly thirty thousand, all told. The skirmishing on Wednesday did not cease until eight o'clock in the evening, There was no fighting yesterday; but last night General Buiord moved out with his division, and is pushing’ towards Hagerstown, which the enemy occupied, with his front extending {com Bakeraville to Fankstown, and thence around ata distance of from three to five miles. None of their forces are in the neighborhood of Sharpsburg ‘or Shepherdstown. The rope ferry at the latter place has been destroyed, and the only means of crossing in the possession of the enemy are at Williamsport. It appears that the rebels found a large amount of lumber at the lat- ‘er place, with which they built flatboats. They tre ferried across by means of ropes stretched across from shore to shore. It is reported that the enemy has a pontoon bridge near Williams- Port; but it is doubted whether it is available at the present stage of the water. General Lee is still sending over to the Virginia Shore his wounded and his supply trains, but no troops have yet orossed. Ammuniticn is being hurried over to the Maryland shore, and there is every indication that he intends to give us battle at Hagerstown. Both armies are evidently preparing for a deci- sive conflict, which is now imminent at any mo- ment. Our forces received fresh horses for the artillery and alarge supply of shoes yesterday. ‘The men are suid to be in fine spirits, nod anxious for battle. Althongh the details of the surrender of Vicks- burg had not been received up to one o'clock yes- torday afternoon by the government, yet no doudt was entertained of the trath of the statement of Admiral Porter. Despatches from Tullahoma represent the rebel army of General Bragg retreating across the Ten- nessee river, completely demoralized and falling to pieces. They burned the splendid bridge at Bridgeport in their retreat towards Chattanooga. The rebel General Morgan is still pursuing his raid in Indiana. force, and pushing towards New Albany and Jef- fersonville, where it is said large supplies are stored. The greatest excitement prevails in the State. A call has been issued for fifty thousand men by the authorities. Our cavalry, under Colonel Lewis, of the Third New York, made a successful raid from Newbern, N. C., within the past few di as we learn by a despatch from General Foster. They destroyed two miles of the railroad at Warsaw, and for five miles more all the culverts, as well as the tele- graph. At Keenansville an armory was destroyed. Large quantities of smell arms and quantities of commissary and quartermasters atores were burnt. About one hundred and fifty aninists and some thirty prisoncrs were captured. We give to-day the official papers relative to the mission of Alexander H. Stephens and Mr, Ould from Jeff. Davis to Mr. Lincoln, together with a very interesting account of the affair from our correspondent at fortress Monroe. It is said that Mr. Stephens was the bearer of propositions for an armistice, and that this time was selected because of the panic caused by the invasion of Pennsylvania by Lee, and before any decisive battle had been fought, to make said request. The Richmond Dispatch says one story was that tis business Was to ase about the exchange of prisoners; another, that it was to inform the federal government that if private property is not respected in the Confederate st of civilized warfare strictly com the enemy He is around Corydon in large snd the rales Pied with, our forces in the North will receive instructions to retaliate in kind. The bark Sarah L Bryant, from Gibraltar, wh ch arrived Mere yesterday, reports being chased Dy 4 privasoor gp jue Aph of July, in latitude 40 87. stated that Napoleon had not renewed his propo- sals for a ‘‘recognition’’ of the South to England. Golorado Jewett was at the Court of Austria on his peace mission. He had had an. interview with Count Rechberg, and prayed the interference of Austria. Count Rechberg replied that when the North and South united in requesting the good offices of the Emperor they might be accorded. MISCELLANEOUS NEWS. The Board of Councilmen did not organize last evening for want of a quorum, but four members being present when the roll was called. The Board stands adjourned until next Monday evening at four o'clock. The proceedings in the case of the alleged prize steamer Peterhoff, in the United States District Court, yesterday, were of considerable interest. Mr. Delafield Smith and Mr. Upton, for the govern- ment and captors, and Messrs. Augustus F. Smith and Lorenzo Sherwood for the claimants, indulged in some passages at arms upon the presentmont by the District Attorney of some new and inte- resting testimony. The grounds upon which a condemnation is claimed will be found in our re- port of yesterday’s proceedings. Coal shippers in Philadelphia have stated that the present advance in the price of coal will only be temporary, and that the price, as soon as the present excitement is over, may fall lower than it was before the advance. The increase of price, it is known, was caused by the action of the coal operators, who agreed to send regiments to the field and provide for a temporary suspension of operations in the mining regions. The stock market was better yesterday, and there was more disposition to buy the active shares. The advance ot the day was equal to 134 a 244 per cent. Gold rose to 181%. Exchange was pretty steady at 1443 a 145. Money was easy, and the fedling in mercantile circles was cheerful Cotton attracted more attention yesterday, and was rather firmer. There was increased activity in flour, wheat and corn, at somewhat irregular rates, and in pork at firmer prices. Hay, tallow and whiskey were in de- mand at uniform quotations; but in most other articles the movements were unimportant. The freight market was firm, with heavier engagements reported, chiefly of breadstuffs for British ports. The Position of ral Lee—-The Late Important Events in the Southwest. Arrested in his flight by the flooded Potomac, with his immense army train, General Lee has been compelled to prepare for another battle with the advancing army of General Meade, and we think it altogether probable that a terrible struggle will take place between the two armies this day or to-morrow. With Lee the question is narrowed down to the rescue of his army from its perilous situation, or the loss of his army, and with it the imme- diate collapse of the rebellion. What is the prospect? To avoid any argu- ment in regard to the losses of Lee since the firat day of July at Gettysburg, we will put them at the lowest reported figures, and we will assume that on that day his army amount- ed to ninety thousand men. In those three days’ battles, according to the lowest estimates, his killed and wounded left on the field amounted to fifteen thousand men, and he has lost in prisoners, thus far reported, twelve thousand men. Add to these the wounded that he carried off with him, and his stragglers dropped behind on the way, General Lee returns to the Potomac shorn of full one-third of the army with which he en- tered Maryland. His whole force now halted on the Potomac does not exceed sixty thou- sand, and it may in reality be less than forty thousand men. On the other band, while Gene- ral Meade’s losses have doubtless been fully made up by the acquisitien of General French’s treops, who were not in the battles of Get- tysburg, we dare say that his army now is con- siderably stronger than it was on the first day of July, from other reinforcements, to say nothing of the auxillary militia army of Gene- ral Couch. The odds, therefore, appear to be so heavily againgt Lee that we cannot doubt that the issue of this impending battle will be the end of this tate invading and defiant rebel army, 2nd the end of the rebellion. The only chance of escape to Lee appears to depend upon his ability to hold our opposing army at bay for two or three days, in which time the river may fall to a fordable stage. But we pre- sume that General Meade is duly informed of this probable contingency, and will not wait for the river to fall. Meantime it appears that General Bragg, re- treating to the south side of the Tennessee river, and burning the splendid bridge at Bridgeport behind him, is pushing on at the double quick for Chattanooga, but whether to halt there or to hurry forward to the relief of Jeff. Davis at Richmond remains to be developed. The news of the surrender of Vicksburg, involving the inevitable surrender of Port Hudson, has reduced the rebel government to the necessity of seme considera- ble changes in its military programme. The alternative thus presented is the absolute aban- donment of East Tennessee to save Richmond, or the evacuation of Richmond to strengthen Bragg, and to save Alabama, Georgia and South Carolina from being overrun by the liberated veteran fighting Western army of General Grant of one hundred thousand men. The acquisition to the movable forces of the Union of this powerful veteran army, fully equipped and in readiness for active operations in the Eastern interior from the Mississippi, is hardly second in importance to our possession of Vieksburg and its late defensive army and all its immense stores of artillery and rials of war. With the intelligenod at Nichmow that the army of General Grant bas turned its face to the eastward, there is a call upon Joff. Davis for at least a buadre 1 thousand men to guard the interior of all the States between Mis. sissippi and Cherleston. Meantime Joe Johnston will keep *{ a very respectful distance from Gen. Grant, and beat about from place to place while awaiting reinforcements. With the final defeat of General Lee we cannot conjecture What oyurge Davia or ile gomfedergte rulers ot cept the abandonment of Virginia and North Carolina, and the concentration of all their avail- able troops for a Southern confederacy reduced to the limits of South Carolinas, Georgia and Alabama, In any event this Southern con- federacy may now be speedily reduced to South Carolina, and be finally extinguished at Charleston, where the bubble was inflated and where the war began. The rebellion, in a word, is so terribly crippled; its materials from which armies are recruited, and its resources from which armies are equipped and subsisted, are so near the point of exhaustion, that President Lincoln may very properly—and we think may very advan- tageously, with the final deteat of Lee’s army— proclaim a liberal amnesty, upon the condition of the return of all or any of the rebellious States to their allegiance to the Union; and we believe that this final defeat of Lee is now but a question of two or three days. Exouish §=Perverstons oF INTERNATIONAL Law—Tux Case or THe ALExANDR«.—The ruling of the Chief Baron of the English Court of Exchequer, in the case submitted for the de- cision of a jury, involving the condemnation of the Alexandra, is one that will excite a good deal of surprise. That it has created no little uneasiness on the other side will be seen by the labored justifications of it which we extract from the London Times and Post. In one part of its article the former journal states that the decision is founded upon the dictum of the great American jurist, Judge Story, whilst in another it congratulates the Court upon having “ estab- lished a precedent to which, when Great Britain is at war, neutral nations may success- fully appeal.” Without pausing to dwell upon this inconsistency of assertion, let us just exa- mine the consequences of the decision itself. The learned judge holds that a British subject may equip a ship-of-war, with the view of selling it to either belligerent, without in- fringing the provisions of the Foreign Enlist- ment act. English shipbuilders, he says, have as much right to sell armed ships to either belligerent as they have to sell gunpowder or cannon or other munitions of w: this be ag true as it is new, there is nothil prevent English ports being made recognized nests for pirates of atl kinds. Privateers can be built to order, and the transfers legalized by bills of sale, fixing the date of the transaction at their completion. The best answer to the assertion that Ameri- can jurisprudence has ever favored such loose interpretations of international obligations is furnished by a case which occurred during the Crimean war. On a complaint being made by the British Consul to the authorities here that a clipper ship belonging to Mr. Low, which was ostensibly being fitted out for Canton, was in reality destined to act as a privateer in the Russian service, the vessel was at once seized and held until the owner was able to satisfy the government as to the real character of its in- tended voyage. We might cite a number of other cases to show that neither in theory nor in practice does American law furnish any pre- cedent for this English decision; but our object is not to impugn the latter. On the contrary, we are better satisfied that matters should re- main as they are. We are quite content to allow England and France to frame new prin- ciples of international law for the rest of the world. We have always been and always will be gainers by these assumptions on their part. Now that we are presumed te be weak and likely to be permanently divided, these two Powers do not hesitate to strain every point of the international code that tends to still further cripple us and insure their grand object of breaking up the Union. To this end the energies of all who are supposed to exercise influence—statesmen, jurists and journalists—are bent with malevolent . perti- nacity. But that they believe us hopelessly ruined they would shrink from the logical con- sequences of their own acts. Had, for instance, the news of the surrender of Vicksburg and of the defeat of Lee reached London before this decision was rendered,*we should never have heard of it. The probable speedy ‘application of its principles by the government which it is intended to hamper would have enlightened the learned judge who delivered it as to their impolicy and inapplicability. Patience a little longer. Our turn will come next. Tue Impossipitiry or Raina ANOTHER Reset, Aruy.—The rebels staked their all upon the invasion of the North, and in losing the battle of Gettysburg they have lost all. It will be impossible for them to raise another army. In the West they are so thoroughly exhausted that, after getting together twenty-five thousand men under Johnston for the relief of Vicksburg, they could not count up more than ten thousand unoccupied troops in the whole confederacy. Colonel Grierson, who explored that region from Memphis to Baton Rouge with his caval- ry, declared that the rebellion was a mere sbell, and that no able-bodied men were left outside the rebel armies. In the East the facts are the same. Stoneman and Kilpatrick feund no rebels fit to serve as soldiers behind the lines of Lee’s army, and could have taken Richmond if they had only known that it was then undefended. When Lee invaded Pennayl- vania he took with him all the available forces in the rebel service, except a few thousand men scattered on garrison duty from Charleston to Richmond. Bragg’s army was the only one left of any considerable force, and that isthow reported demoralized and driven across the Tennessee. If Lee’s army be snnibilated we shall have no more trouble in suppressing the rebellion. A few skirmishes and guerilla fights will end the war, and our armies, as they advance, will occupy all the rebel citios with- out opposition. Tue Hesato’s Report or ras Reset Ex- passy.—On Tuesday morning the Hxrarp pub- lished the news of the application of the rebel Vice President Stephens for permission to visit Washington upon & special embassy to Presi- dent Lincoln. The next day some of our con- temporaries copied the news and doubted it; others copied it and pronounced It a fabrication, and others copied it without comments; but ey all eo] it, Sab fee of he ve us we for es rday hed ies news wis received from a sem-official source, aud was republished in all-the papers. This inet- dent is characteristic of the lack of enterprise of our contemporaries and of the fairness with which they treat our news after they have taken it from our columns. For some time past not one of the other journals has been worthy of the name of a newsy ‘en come pared with the Hrraup, The | wpipre ciates this fact, and we proayor oe podugelg The Battle Fields of Gettysburg and Valmy—Historical Paraliel. In reading the description of Meade’s line of battle at Gettysburg, as given by our corres- pondent, Mr. Knox, in yesterday’s Heravp, it struck us that the parallel to the battle fleld of Valmy and to the circumstances of that event were so remarkable that it was difficult to re- sist the conclusion that the permanent military and historical results would be similar. Our correspondent describes the battle field as re- sembling a borseshoe, the toe or centre at the cemotery pointing towards the enemy, and the two wings at the heel, the longer side of this irregular triangle being the base, or from the extremity of one wing tothe other. It was in fact a natural fortification of the character of a promontory. And what is the deseription given of the battle fleld of Valmy? Lamartine says:— “Tt projected like a cape into the lines of the Prussian bayonets.” Our correspondent re- marks that the position at Gettysburg gave us great advantage over the rebels. We could cen- centrate on either wing or on the centre by moving from two to three miles. Acting on the outer circle, Lee was forced to move ten miles to make a similar concentration. By watching Lee’s movements carefully General Meade was able to checkmate him on each occasion. In both cases repulse was the result. But the similarity of the ciroumstances is still more remarkable. The French Revolution, born of our own, had the monarchies of Europe arrayed against it, and they conspired to crush it. The Duke of Brunswick, with sixty thou- sand Prussians, traiued in the school of Frede- rick the Great, and the General himself having acquired a reputation in the seven years’ war second only to that of Frederick, was advancing against the French capital, supported on his flanks by forty-‘ive thousand Austrians, fifteen thousand French emigrants or royalists, and a body of Hessians. The French arms had suffered various disasters, and the movement to Paris was now considered so easy that it was talked of as “a military promenade.” The fortresses of Longwy and Verdun had fallen, and Sedan only remained to be captured to open the way to Chalons, to a fine fertile country and tothe capital of France. The chief general in command of the revolutionary troops was Dumouriez. Kellermann, at another point, the heights of Valmy, commanded twenty thousand men and some raw recruits. The Duke of Brunswick, a renowned general, with his dis- ciplined force, assailed the French position. He had nearly carried it; but Kellermann’s heroism prevailed. The French repulsed their assail- ants twice at the point of the bayonet. The Prussians left eight hundred dead on the field, and all hopes of crushing the revolutionary armies vanished; and though Brunswick lingered for some time in the country, distress and sick- ness wasted away his once splendid force, and finally but a wreck of it crossed the frontier. In the words of the historian—‘“ The day was ours, and the in itself almost insignificant suc- cess of Valmy produced on our troops and upon opinion in France the effect of the most complete victory. From the same epoch may be dated the discouragement and retreat of the enemy.’’ The illustrious German poet, Goethe, who was present at the battle, predicted on the spot— “From this: place and from this day forth com- mences a new era in the world’s history.” In the same manner Lee, a general of high Teputation, flushed with various successes over our arms, invaded the North with s large army, and seemed to act as if his march to Wasbing- ton were but “a military promenade.” Win- chester and other poste had fallen. Harrisburg, Baltimore and Philadephia were threatened. But the resistance offered to the confident ,in- vader on the heights of Gettysburg arrested his progress, and he was compelled to retreat. Whether pending events may force him now over the Potomac, or destroy his army, or whether he may remain for some time longer in Northern territory, the turning point at Get- tysburg remains the same, and proves that the Southern host cannot successfully” invade the Nerth. As Valmy was the decisive battle of the French Revolution, so is Gettysburg in the war of the American rebellion. Tue Coat, Deabers anp tue Rise 1x Coat.— Soon after the rebel army made its appcarance in Pennsylvania the dealers in coal of this and other cities immediately raised the price to ten dollars per ton. There was not the slightest justification for this course, The rebel army at no, time approached near the anthracite coal Belds. There might have been some excuse for raising the price of the semi-bituminous coal from the Cumberland and Broadtop regions; ‘but the anthracite mines are all on this side of the Susquehanna, and have, in reality, at no time been in danger from rebel raids. They might just as well have raised the price of flour, with an overabundant crop, as the price of coal, when they did. The amount of coal brought to market this year exceeds that of former years over five hundred thousand tons, and probably before the close of the year the excess over any pre- ceding year will be fully one million tons. An the face of these facts the coal dealers | seized upon a slight pretext and ran coal up from the new draft of three‘hundred thousand | tions are that there will be a union of Tam- men, that it is useless for them to resist, and let | many and all other conservative factions in this foreign Powors beware of what they do, as we | city this fall against the Regency, that an ond intend to bring every offender to account so soon as we dispose of our domestic troubles. The resources of the country in men and money are unbounded, aad it will be impossi- ble either for the rebels or their European allies to make headway against us. Tue Frigut or tuk Niggerueaps anv Lovan Leaovers.—It is worthy of remark that the nig- gerheads and loyal leaguers were so frightened by the invasion of Lee’s army that they acarce- ly celebrated the ‘Fourth of July anywhere. They left that duty and pleasure to the democ- racy in the States of Pennsylvania, New Jer- sey, New York and elsewhere. In New York the radical leaguers were not to be found. It was only the loyal old teague of Tammany Hall, half a century old, with the ivy around its head, that celebrated the birthday of Ameri- can independence. Where were the leaguers? Hiding in their cellars in perfect panic, and imagining that they already heard the sound of the rebel cannon from Hoboken Heights. The great celebration of the leaguers which was to have taken place in Philadelphia, and to be attended by the President, also caved in. What were the reasons? There were two. In the first place, the loyal leaguers did not like the principles of the Declaration of Independence; in the second place, they feared the invasion of the rebel army. The alarm was intense. The principal radi- cal journals may be taken as examples. The Tribune said if Lee took Harrisburg—of which there was great danger—he could water his horses in the Delaware; and if he succeeded in that there was no reason why he could not con- tinue his march to the Hudson and into the city of New York, as the Cumberland valley really extended into Westchester county, and we might as well submit to the conqueror at once. Then the Times let out the secret of its terror. Previously it pretended to be very brave, like a superstitious boy in passing through a church- yard at “the witching time of night,” whist- ling to keep his courage up. But when it be- lieved the danger all over it swooned away, like @ woman who strings her nerves to meet a shock, but faints when the peril is past. The Times said:— On the first, the second and the third days of July General Robert E. Lee, with a veteran army, truly ‘or- midubie in numbers, in discipline, in artillery avd in Prestige, poured the terrific fury of battioc agaiust the Army of the Potomac, inferior in numbers, dispirited by deteats, and wearied by hard marching w meet the exuit- ant foc, It seemed an unequal conflict, but yet it had to take place then and there, and all was'staked on the re- sult. The Army of tho Potomac was the hope of the re- public. Had it heen defeated, Washington must have fallen; foreign governments would bave recoznized the new Power that would bave been inaugurated there, Halti- more and Philadelphia would have been captured, and the North brought under such subjection as a victorious and vele- Tan army can ever impose on unarmed States. While the battle was pending the Times hypo- critically discoursed in a very different tone; but here it confesses its weakness and calls for cup of cold water. But the news this mora- ing shows that the danger is not all over yet. Will the Zimes have another fainting fit, and will the Tribune have another nightmare about the horses of Stuart’s cavalry watering in the Delaware and the Hudson? What is the of all this terror? Let Shakspere answer:— ae thus conscience does make cowards of us all.” Tse Trrevxe on Mepiation.—Poor Greeley cannot endure the idea of a reconstruction of the Union. A defeat of the rebels covers him with grief and despair. A rebel victory would fill him with'joy and exultatton. A little while ago he gave aid and comfort to Jeff. Davis by proposing to'end the war by foreign interven- tion on the 1st of May. Disappointed at the failure of this idea, he took heart again when Lee invaded Pennsylvania, and immediately disgusted the country by clamoring that a de- feat of our army was inevitable; and that we had better prepare to submit as soon as possi- ble after the rebels watered their horses in the Delaware. But the rebels did not water their horses in the Delaware. On the contrary, Meade routed them and sent them to the right about, to drown themselves and their horses in the Potomac. This Union victory filled poor Greeley with anguish. He thought tbat bis last hope was gone, and that Jeff. Davis’ confedera- cy was annibilated. The capture of Vicksburg increased his sufferings. For several days he arrayed himself in sackcloth and ashes, and wept and wailed and gnashed his teeth. He has not felt’ so badly since McClellan whipped the rebels ct Antietam. At last, just in the nick of time, be received a letter from his European agent, Colorado Jewett. This en- couraged him to revive his mediation scheme again. Now he is loudly calling upon Napo- leon to interfere, and vehemently urging the President to permitintervention. Poor Greeley can see no other way just at present to help Jeff. Davis out of his dilemma. He knows that if Napoleon’s intervention should be accepted the recognition of the bogus Southern con- federacy would immediately follow. For this reason he begs and prays Napoleon to come | and assist the rebels. Poor Greeley ! j wil be bis ruin, and, knowing this, he has | struggled perseveringly to prevent us from being successful. j vain, however, and, having labored so as- to the Regency’s ruinous rule may be brought about before they can repeat their Charleston operation at another national convention. STEPHENS’ REBEL MISSION. The Correspondence Ketween Government Offi- cials Relative to the Visit of Stephens in any Recognised Official Character, Peremptory Answer of the Government. Surmises and Excited Feeling at Fortress Monroe Concerning this Unlooked- for Rebel Messenger, &e., &., &e. Wasmunaron, July 9, #863, ‘The following is the correspondence relating to the mission of Alexander H, Stephens and Robert Ould at Fortress Monroe: — ADMIRAL LEE'S DESPATOH TO THE SECRETARY OF THR NAVY. Forres: Monron, July 4, 1868. } Unrren States STEAMER Minwksota—? P. M. Hon. @rpnon Wexizs, Socretary of the Navy:— The following communication is just received from Mr. Stephens, who ie in tho flag of truce boat anchored above. I snail inform Mr. Stepheus that | await your instructions isda iment a aes 8. A. LES, Adomtral, &o. THK REBEL APPLICATION FOR 1AVE TO PROCEED TO WASHINGTON. Convapaeats StarTes Sreamen Searann, in Jamas River, July 4, 1863. Sm —As military commissioner, I am the bearor of a communication in writing from Jefferson Davis, Com- mander-in-chief of the land and naval forces of the Com- federate States, to Abraham Lincola, Commander-in-Chiet of the land and naval forces of the United States, Hon. Robert Ould, Confederate States agent of exchange, accoms- panies me as secretary , for the purpose of deliv communication in person, and couferring upon the subject to which it relates. I desire to proceed directly to Wash- ington in the steamer Torpedo, commanded by Lieutenant Hunter Davidson, of the Confederate States Navy, ne person being on board but tho Hoa. Mr. Ould, myself aud the boat’s officors and crow. Yours, most respect fully, ALEXANDER H. STEPHENS. To 8. H. Lex, Admiral, Xc. THE APPLICATION DENIED. Navy Derarrwent, July 4, 1863, Acting Rear Admiral 8. H. Lax, Hampton Roads:— ‘The fequest of Alexander H. Stephens i# inadmissible, ‘The customary agents and channels aro adequate for all needful military communication and conference between the United States forces and the insurgents. GIDEON WELLES, Secretary of the Navy. Mr. W.H. Stiner’s Despatch. Forrness Monror, July 8, 1863. ‘THE REBEL VICE PURSIDENT'S VISIT. Even the glorious news of the rout of the rebel army was overtopped -by the announcement that Alexander H. Stephens, Vice-President of the o-call od confederacy, had appeared at Newport's News with a flag of trace. Tho excitement was inteose, an@ everybody, as @ matter of course, assigned a reason for this unexpectod visit. The advent was not intended to be made public until the full particulars could be as- certained ; but inasmuch ns you published a portion of the proceedings, I have followed up the subject closely and obtained the following facts:— ‘MESSRS. STEPHENS AND OULD CAME DOWN tne James river on the Torpedo and not the Dragon, and were halted by our picket boat near White Shoal light- house, about fourteen miles from Newport's News. Mr. Stepbens stated chat he had importamt despatches for the President of the United States, and wished to go down the James river and commustcate with the officer com- manding the fleet. The officer in charge of the picket boat informed Mr. Stephens 1..2t any communication be might bave would be delivered to Admiral Lee, but the Torpedo cold not proceed further inside of our lines. ‘Mr. Stephens tcreupon handed the Captain of the picket boat two packages addressed to Admiral Lee and the commanding officer of the forces at Fortress Moarce. Im the absence of General Dix from this post, Colonel Ludlow telographed the substance of the communication to Washington , as also did Admiral Lee. Mr, Stephens was accredited as ‘‘Military Commissioner” of Jefferson Davis, Commander-in-Chief of the Army and Navy of the Confederate States, to President 4. Lincoln, Commander- in-Chief of the Army and Navy of tho United States, and Fequested permission from the military authorities to proceed directly to Washington for the purpose of pre- senting his letters to and conferring with Mr. Lincoln im Person upon matters connected therewith. ‘THE ANSWER. After a delay of forty eight hours an answer was re- ceived by Colonel Ludlow, that Mr. Stephens’ request was inadmissable—that the usual military ageacies fur- nished an ample medium for all communications on mili tary business. Colonel Ludlow communicated the answer of the gov- ‘ernment in person to Mr. Stephens on Monday, and spent some time on boerd of the rebel tug on business concern- ing exchanges with Mr. Ould. SUPPOSED OBJECT OF STErmENs’ visrr. Tt is surmised (and I have every confidence in ite truth) that Mr, Stephens was the bearer of proposistons for au armistice, and that this time was selected because of the panic caused by the invaswn of Penmayleania by Lee, and before any decisive battle had been fought to make said re- “ DISAPPOINTMENT OF STEPREWH AT 18 ANOWER. There is no doubt but that Mr. Stephens was greatly disappointed with the result of his miasion. The auswer of | Our government was eminently proper. To have received | bim would have been a virtual acknowledgment of what | the confederacy cimmed to be; and if he had been per- mitted to go to Washington it would havo seriously em- Reunion | barrassed our government, by making propositions that would have catled for Cabinet ¢isougsions. Your Washington despatch says:—Admiral Lee was instructed to ascertain, if possible, the object of their His efforts will all bein | mission.” This is a mistake. On the contrary, Admiral Lee was admonished under no circumstances to hold ang enormously. This action is an imposition upon | siduously for Jeff. Davis, the best thing he can | Communication with Messrs. Stephens and Quid. All in- the public, and shows thatthe coal dealers, like the shoddy aristocracy, speculate upon the ne- cessities of the people. Men who will take ad- vantage of a panic to raise the price of an article that all are compelled to have for ,so slight “a cause as the price of coal was raised are no better than the man who will furnish our soldiers with putrid beef. Let none of our citizens be frightened into the purchase of coal at the pre- sent exorbitant rates. Those who are com- pelled from necessity to buy should band to- gether and parchasea cargo. If this rule is generally followed dealers will soon find that speculating upon the necessities of the people is notas profitable a thing as they calculated upon. The fact of the enormous supply will alone insure its rapid decline in a few weeks. Tue Consoripriox.—The President calls for three bundred thousand men under the opera- tion of the Conscription act, not that so many are absolutely needed for victories, but to be prepared. The fall of Vicksburg, which by a logical necessity will result in the fall of Port Hudson, and the complete freedom of the Mis- sissippi, and the recent defeat of Lee and the pending destruction of his army, seem to pre- clude the necessity for more troops, particularly as the failure of Johnston to collect a sufficient number of troops to raise the siege of Vicks- burg shows that it is not in the power of the confederacy to raise another army. But we are threatened by foreign Powers, and it will be necessary besides to drive the french out of Mexico, ‘Let the rebel thciefore take wotigg, ' Tpie bas Lecome #0, apRerend that tbe imsliga | waned | 5. | do now is to prepare himself, by fasting, prayer | and repentance, to share Jeff. Davis’ fate. The |, tercourse with the rebels was prohibited unttl adviess from the President could be received, and when these came Col. Ludiow at ence proceeded on the Henry Burden life of the Tribune philosopher has been a very | to tho place where the Torpedo was a anchor and there wicked one; but we should like him to meet his end like a Christian. Crry Pouttics anp THE ALBANY ReGENcr.— The success of the opposition to the radical re- publican party last fall was secured throngh the overwhelming majorities given by this city and the surrounding counties, The everwhetm- ing anti-abolition vote of this lecality overcame the large republican majorities in the intecior, thus showing that in and around this commer- clal metropolis lies the strength of the con- eervative party of the State. But there are indications that this lesson is not heeded by the managers at Albany, and that there is danger that it will be frittered away in the | rar tus coming State election. If so, the Albany Re- gency will be responsible. 2 strength and power of that concern are obtained from the in- terior counties, and from those counties that al- ways roll up republican majorities. Through their management of the Central Railroad they secure their foothold in those counties and the election of a sufficient number of delegates to the State Convention to not only enable conferred with them. The rebel bost did got leavo with- out ‘any parting salutation or explagation,’ but while awaiting the anawer from Washington merely cruised about the James river beyond our lines. Col. Ludiew parted with Messrs. Stephens aod Oald on amicable terms. Rebel Accounts. (From the Richmond Despatch, July 6.) Vice President Stephens, it ts said, has gone to Fortress Monroe on a fag of truce boat. One story is that his business ig to eee about the exchange of prisoners; ano- ther, that {+ is to inform the federal government that if private property is not respected in the Confederate States and the rules of civilised warfare strictly complied ‘with, our forces in the North will receive instraotions to rotaltate in kind. Imeeresting from Texas. OP 18m RIO GRANDE RBREL {ROOPO—TRR MEXICAN ORVERAL at ma TAMOROS, BC. ‘Saas Siw0r Ow Guivamors fonas, tes 3, thes." Bin—Upoe the recent visit of the Brooklyn to the Rio Grande on May 29, [ neard that the lab of the Texan. troops left Brownsville on that day; but I did om learn what was their destination, though it is {ferred that they qore marched into Louisiana, an@ the line of ‘tho Rio Grande ts believed to be free Crom their prosance Tt was also reported that Generel Miramag, who is vn derstood to be ta the interest of the ohwret and French vues oF MmAMON them to maintain their power, but to dictate to | party, is in Matamoros. I did not bear Yn what capacity the delegates from the section where lies al! the | he covld ve there. The Mexicans are -vaid to have been strength of the party. In their dictatorial man. | exceedingly cautious to what they “id of oMotale over ner they attempt to run the party the same ag they do the Central,Railroad—without regard to the interests of this portion of the State. ‘on the Texas side of the river Tam, very reapectfally, your obedient servant, Uo A, BRLL, Vommodore. To Hon, Giokow Ways, Secretary of the Navy, Wash. ~