The New York Herald Newspaper, July 27, 1863, Page 2

2 EW ng to the ono: the planter: and hat there hus boon is chia ma wow ean awrr f no commercial v n TERESTING FPOW THE §2UTE. | ga on | Loo mach o TRE RELEL MILITARY SITUATION. Speech of Alexander H. Ste- phens at Danville. MEL IB PO. a y thety sales hie stores wd Wak lwo a bwo 2 a8 many Chousay bales i vt dollars a8 possible, dering eight months iy the aud then t Juxuriate ina portaern trip, of hameuse exuracteanos and uabob protiusion durivg four months of bute | To make moxey at home and to spend it among the Yanko was the business of the cotton planter (rom the Aipoe othe Ome a, Phi is the class of people wong ‘Their reliance tn | ——-—— Report from the North, [Frou (he Magen (Geo) Telegray Ne. | Dr. Roosevelt, wiao feoft Macon for Nae Rordb ances tou | Moats ago, im quest oF bis ‘amily, wiko were iu that sec- Saturday Dib by the way of Nassau, being a passe: on the whe hostile fleet of tion when the war broke out, rewrned h F pean oe rn ren through the why Le enemy at eleven o'elock On Friday night, and was NOt hotieed by arhot. Dr, Roosevelt Tiree tho Norvh and West divided inv two great partics apo the. simple ques- | hue of tendering the South terms of accommodation. The | Sdminstiation party aro oppésed to it, and would grant bo terms i, avked. ‘the day 0! aczommodation, they say’ | has passed, and they wil imake the South teel the full { Weight of their vengeance. The anti-administration | party would be willing to modify the character of the a taal rch ete te eel the Mistisninp: whom tne Yankees, wilh some reasou, | War, or even W suspend it, for the purpose of conoilia- | thing they have subvugated. whom ‘they have angied for tion, but will never tolerate for ® moment the idea of Arrest of Mrs, Patterson A an | wits the Zoiden hook, and by whose intoresied aid they | '#eparation. hoy are even. more. inexorably opposed to | expect to commund its ehanmel for the purposes of com. | it Luan the Lincoln party. , The party Pt a asa Spy. | merce, ham and Frnando Wood Dr. regards et Bat they will be disappointed. If the planters them. selves are sordid, corruptible wad fit material for sub- ects w» Xunkoo domumon, their won, the youug wen of we SOUL, are Hot, no 0 great body’ of the senth- The Effect of the Loss of Port Hudson and | or peote, who are unused to large iuecmes (rom coton | sales and to nabob life m Northern taverns. ‘The Missis- Vicksburg on the Rebels, sippi runs through a country whose popuiation will tor- be free to the Yankees except by their voiuntary grant. ken den kee Far too much paivs hus beou taken to hold Vice President Stepin: im Danville. (From the Danville (Va.) Kegister, July 13.) Bon. A. H. Stephens, of Georgia, Our distinguished Vice President, arrived in Denville on Mouday evening, on owe for the south, and le(t for Greenaboro, N. U., on Wednesday. He was tue guest, a portion of the sojourn here, of the Mayor, Dr Alkingon, and the remainder of the time of Major W. T. Sutherlin. During the day of Tuesday the honorable govtieman wasoccupied in visiting the various military hospitals, the arsenal aud other ob- | might fects 0: interest at this place, and was evidently bignly | ery. In fortifyin Pleased with the genoral management of these catablich | works, and em, Ments. te Las on all occasions since the commencement of this unboly war shown himself the warm iriend of the Private svldier, aud his manifested great concern in the | dertaken moro than we can periorm.” Our po- —— of the hospitals set apart tor the sick and | licy ia to appear «nd disappear at commanding ‘wounded. Monday night Mr. Stephens was serevaded by a large ‘body of citizens and disabled soldiers, and responded to | and Calis made for aspeech in the handsome ands cloquent | heavy cvlumas for our reduction, style so peculiar © him. He reviewed hastily the pre- | whole means of annoying and destroying his navigation at Bent condition of the country, and bade the people be of | & ey point, we make it worth his wi ood cheer, a8 th« loss of Vicksburg and other Less important | and bring to bear large forces against that positioa— enable him to destroy us at one blow. & thousand commanding blufis on the river side, ave been such forced back in the morning from a commanding point, in the evening, when the eaemy’s war vessel had gone, we have replanted on the same spot our rifled artil- one or two points with elaborate perii, ‘and never ostabiisning curselves 90 formidably places was by no means so disastrous as many ‘sup- Posed. He expressed an unspakeu iaith in ultimate uc0e6s Of oUF caLEe. The Rebel Situation. [From the Richmond Examiner, July 23} From tho Mississippi we have 10 news, which is good news. #rom Northern Virginia we hear that the ines of ‘Lee extend to the old battie grounds of Munageas. Of the Northern army we know nothing, except thatit cries all Our naval resources upon ® single great Als- bama, and thus made it a vital object with the enemy to omploy his whole navy in chasing down and ca her. Much better was it to have divided our means launched a number of ships upon the had uo Vicksburg or Port Hudson, and if we had employ- = the means we have lavished on these two fortresses, ever be bostile the North, and its navigation will vever | but resigned. and was sent by ‘ouiar | romained until the breaking out of the war; whon he was Points on the river banks. it was mever mre necessary | announced ag seceasion candidate to Congress to hold Vicksburg or Port Hudson than any other two of | braaka. ‘Che abolitionists raised = mob, tore him from Our policy ghould bave been to impede the navigation | to hang hiiu to & tree. by less elaborate preparatiou than the seigutitic fortitica- | aud immediately ‘ tion of a few pomts. Our guns might have pointed down | property, he was given a position in the Treasury Depart- from many dozens of blufts at once; and our policy should | ment. ‘hortly after his arrival here, his wife sickened that, if driven from one place, we could | and died, and now he himself has gone, leaving behind readily have established ourselves at another; aud if | him two orphan daughters. ying all our resources in such | receive prosena ‘up to the 201 manner as to force the cnemy to mass his | five mill! heavy columns for ‘heir reduction, wo have ‘‘un- | act of April 80,1863. This law has points, always placing ths enemy’s transport vessels in. | New Orlcans middling, or in coin, at the pleasure of permanently at apy particular point as to attract | is tobe rated at six pence sterling per pound, main, Similarly and equally wise would itghave been if webad | interest considerate faction. Death of a Prominent iter. {From the Richmond En meas 5) Mr. William Deunison, who dled om Friday last in this city, was @ gentieman of much ability and high standing. He was at one time an officer in the United States army, United states govera- i There he ment as Indian Agent to Nebr from Ne- his family, placed a rope about bis neck, and were about came South, where The New Cotton Loan. [From the Richmond Sentinel.) see Secreinny aisle Sesanety announces that he will July for the purchase of 8 of the bonds authorized to be issued by the already been pub lished, Hie hodainse So, Smmsgcnn. 006 he lateness is six per cent, ‘bie in cotton of the quality known as 5 government. If the interest be in cotton the article — , and is to be ‘we concentrate our } delivered at one of the leading ports— New Orieans, Sa- vannah, Charleston, Mobilo, Wilmington, Kichmond or hile to concentrate | Norfolk. ‘The bonds will be’ coupon , of one thou- sand dollars cach, and the payment to secure them must be mace in curront Treasury potes, one-balf of which the It would have been » very unwise policy to have ex- | Soorciary requires shall be of issue subsequent to the 1st pei, 1868. fe think that a very brief review of this loan will suf. floe to show ite superior value to apy other stock now in our markets. If the the interest in coln tne holder of a $2,000 bond receive $60 in coin as his Per annum, which is worth, at t rates, some four hundred dollars valent to an interest for Reethsree ‘of forty per cent on loudly for reinlorcemeats, aud has recetved nous, Phe assailing the navigation of the Mississippi froma hun- | his bond. But, to assume will decide ‘Northern war party is very severe on Meate for permit- | dred other points. " to pay the interest in cotton, as we have no doubt that ‘ting the ‘escape of Lee.” Ho is set down irrevocably in Tf their logs be a great calamity, it is not unmixed with | ho will Caring tbe ‘war, or at least while 8) maintains of McCiellin, and tho demand is made that | much good. Two great armies aré no its present value, and the bidder will still receive a very , longer. necessary for thetr occupation and de‘ence; and a few of fying ‘the category he be superseded by Grant. President Lincola mukes artillery, with proper guns and ) may public the fact that be was ‘very anxious fur an attack’? at Williamspori; and we unite with the abolitivn press of | blockade the Mi his couniry in wishing that ho bad becn gratiled. ellectually as those expensive forts bave done. ‘the mob of New York has, however. given sufficient In fact, the enemy, in this lottery, ‘Occupation to the Yankee mind to permit the ‘escape of | an elephant as his prize when getting the Mississippi. Meade.’’, Ho will either figure in anutver tedious cam- | Ho has not got this expensive animal on any Cheap terms; ign of the Rappahannock, or recomumence that of bivClel- | and he will find it anything but clwap to maintain’ him. jan, whose legitimate successor be cortainly is, witha | If he succeeds in raising the army now pi new baso, namoly: that of the James, from seme point in Charles City county, The news from Charlestoa continues to be more than Saticfactory. ‘Ihe operations of the enemy against that important city oommeuced when the heart of the country was depressed by the simultaneous fal of Vicksburg and the check at Gettysburg. In that unlucky moment many, who ought to bave known bever aud felt differently, were hoard te deciare that the loss of Charleston was an inevitable event. On what’ reasonable «round: such aa opinion was eutertaiued we could never learn. The assumption that Morris Jsiand commundéd Sumter was Let but gn usgumpiion not justified by anything fo fact. Tho | the se pianters de their duty aud the fall of Vicks- Dearest poiot of the island to the fort is fourteca hundred. | burg will injure the South no more than a transient clap yards distuny Where, in the bistory of sieges, do we | of thunder. ead of a well constructed fortré roduced by batveries be te ho intiehe: | The Fall of Vicksburg and Pert Hudson. mauntain his possession great stream. He once. gherished an idle delusion, that the rebellion would be crushed in & few weeks; akin egregious mivated with the captur able to hold the Mississippi w! thousand men, and at a naval cost still greater in pro- portion, While the fall of Vieksburg renders an on ted army necessary to bim, it relesses an army of ours from a vain and useless task, against him with greater advantage than ever. At that distance? Parallels are brought withim pinta) shot of walis, aud Ueets are compelled to come within six hun- dred yards before ubeir fire is olfective against good forts. | - Keyen if sumtor should be broken io fragments, why is it thus swiftly belioved that ‘Charleston is doomed?’* ‘That eveut might etivctually close. the. port, aud put put an end io smuggling; but wotii the white teather ap. GEORGIA. appeal to the patriotic sous of that noble State:— disasters to our arins at Vicksburg and pears among the Plumage of Charleston it cannot surren- dor to siege guns. If tiie piace should be eircumvaliated, | his army to our vory bordors, while they are no cause of fovested by sea and land, aud could not be relieved, ia- | dospatr of ultimate success if we are true to ourselves mine would tn time cause it 60 surrender. But guch @ condition of things taere is imposelble while the armios of the contederacy remain to bold the fields. Happily we are net at present called te consider such contingencies, Tbe enemy bave not secured Morris Island. ‘The ground is said to be euch as to render the excavation of trenches impracticable, being straply sand ‘over water. Hence the strenuous edurt to take Wagner by assault. The grand assault bus proven a» disastrous and sanguinary failure. We know now, on official aatho- rity, that the lederal loss in that affair—killed and ‘wounded—surpassed two thousand, Tho reader wili have alreaty devoured the cl ing despatoh of Gene:al Beau- regard. White that oiicer coutrols the de'ence of Charies- ton it is difficult to believe i: truly imperilied. He is aad piace our trust in Gud, admonish us that, if we would tect our. homes trom the ravages of the enemy, it is ime for ever; ian able to bear arms to unite him- solf without delay th 8 rai litary organization, and hold himself in readiness at a moment’s warning to strike for his home aud the graves of bis ancestors, with an unal- Blave ot despotic power. a thousands of our fellow citizeos have volun: cess in distant flaida upon the borders of the confederacy. On account of the near approach of the enemy to the in- terior the call is uow upon those at homo, wi ive made beeen Sapphire edo etapa to defend thoir able, he is resolute, heis fortumate ‘ihe heart of the | own Babitations Property, aud the homes apd fami- poerer nim pe While be lives Richmond stands | lies of their neighbors who are in the army, against the Charleston w' toned apache of The Invasion Ended. (From the Montgomery (Ala.) Adveriiser, July 18.) ‘he recrossing @f the Potomac by General Leo's amy must have been looked for by intelligent obserrers as the Drobadie consequence of bis failure to «| iy defeat the Yankee army at Gettysburg. Had ho the back boue of the coemy at that posiion he thea might have cif of communication with the North and advanced with impunity ; but thts necessary step in his campaign Baving faiied the only prudem course was w fall bok to the mouutaius near Hagerstown, where he could provecs bis » gather up his trophies and recrogs the Potomac Vir,inia, ‘The announcement, therefore, to this effect ed Ho general surprige, and will rather be hailoa with sauisfaetioa by tho Southern poople, who bave watched (ho campaign tu {ts latter stages with no Uittie anxiety. “Co ail pleseat appearances ths invasive policy mutt now be practicaily aandond. That the policy is a good ove under axspicious circumstances ts, we believe, te Uberate judgment of the country, and we think tne oon- sciousness o the fact that an oppertusity had been let slip im the early part of the war, which was greatly to be regretied, has bad no litle to do with the two subsequent eiiorts ot the Virginia army to regain what had veen lost by ua insettve policy in the begining. Then we were stronger than the enemy in nutubers and in arms, and for mouths there were no jertifications between our splendid army 0° voiunteers, kept chaflag on the Potomac, and the goal of their ambition at Wastingion and Baltimore, But, for reasons deemed suflicicnt to the authorities ab that time, they were indulging the happy detusion that the Youkeos were a set of nvrcenary cowards, who would make peace with os win) .ta bow. It need not bo answered that everybody took the aatae #hailw view of the situation, for ft is ot tho fact, as cm be abs daniiy sown. ‘Everybody who was in the country ut the timo will remember with what impatience the peope awaited tue advance movement, and could not und stan why it was not made Subsequent events fel’ us that General Beanregsrd, in bis report of the battie of Manassas, undertook to show that be wos uot responsible for the iclay—having submitted & pln Lo tho Hresident for tuat object, woich was re- | 4th day of Angust next, in each county in this State fecbed—ant the vrosdent, in a severe messag» to Con- | which neglects or refuses to furnish the quota of men re- Greas acco.) aBy lng this report, had that portion atrickem | quired of tt. out. This may be ali a lotion, but it was publicly stated | — Though some few of tho counties ba & tho tim these proceedings are alleged to havo teen | little wrorest, I cannot Lelieve that @ single one will have place in secret session and bas never besa denied. Ibis | ite chiracter stained by tho necessity tor a draftto do- lieved thal differeuces grew out of this aflair which | fend their own homes. fave seriously lutertered with the service since. Many ‘To thoae counties which hayo nobly and promptly re- Porsaus have ben under the erroneous impression that | eponded, and eapecially to those which have tendered Sho Hresicent had become vutriendly to Gen, Hein egard in | much more than their quota, I return my sincere thanks. couse sence of some cup: tet of opinion In regard w tava. gion at the battie of Mamassas, and Mr. Davis? special friends bave taken the pains to reer to the publianed cruelly the If there be a Geor- oe Cong itr ing hy al exemption a ® mere protoxt to avoid mer bin be exposed to the censurc be ir V8; rich, he turns & deaf car to the promptings of patriotism, be exposea with indignaut scorn to public contempt. ‘The time has come for piain talk aud action. Ail that is deur to @ people on earth is at stak riot aro required to gave our causo from ruin and our children from bondage, mined to be @ free people, cost what it may; and wo shvold permit no man to remain among us and e! protection of the government who refuses to do bis part tw seoure our inde; endence. i ail our le at home wil! organize for bome de- fense, and the Secretary of War will issue and onforco such orders as wilicompel the thousands of persons in Confelerate sorvice who, on recount of the wealth of parents or poiittcal influence, or other like causes, are with the diferent departments, includiag other favorites Of those in position, stragglers, &e., many of whom are suspected of riding over the country at public expense, © ubties where.the officors exempt are almost ag name- enrolment, and tho host of offeers in uniform, and others. who are daily seen in every city, town and village, and upon overy railroad train, and tu every hotel in the con federacy—to return immediately to their respective com- mands in the flold, we should s00n have armies strong over 18, and drive the invaders from our soil. By reference to the geveral order herewith published it will be seem that a draft will be had ou Tuesday, the ‘some of them, in con! reperts of Generals Voauregard aud Jobustoa, in which | have made, having weamiool as howe fi home dettne, thoy covour that st was hiupractibie for an advance upon | now refuse to volunteer. To all auch L bereby give m0. ‘W.obington immediately efter the rout of the \ ankee | tee Uhat if they {ai to come out themselves ‘olun- army aader Me owell.” Bat ir the yp: blished statements | teers with the organizations now called for, aud to enter W wie) #O reer be Lot brazeniy fnige, it appears that | the service as favited im my prociemation caliing for these troubies had their origia at au variier date, aud | eaght thousand troops by the 4th of Aucest next, the Wore Ob'y dino sed subsequently to the battle of Mavaagas, | provection of the State against conscription ‘will whox General Beauregard made his report and the Presi | be withdrawn from them, and they will be turned over dent siruck out the part in relerence to Rimeeif. to the euroilivg officers under the Couscript act. how. At uil events, since this period in which we were atl | ever, vy, militia officer, when approa: by abui out! the actin of our Congresa in woree thon | soriptoibcer, will make ao aflidayit that he has not hoard heathen ¢arkvese, and wore left to the fall enjoyment ef | of or seen this proclamation, or hat notice of it, be small a blind may worship, there hive been two singularly i | hevo five days (rom that date within which to join one of opp rtune moveinests toyeards invasion, The first ended | the o-mpanias now called for aa a volunteer. — half succesful battle of Sharpsborg, Maryiaod, ‘This rule des vot embdraoe any one connected with the whee cur Asories fexbmcdung onttem previons to that uvequal Coniiict, nm), Guough Fopwlsing the best under Meclelian, | had, Devertieeas, after tho fight was over, to abandon bold themselves.in reatiness at all to obey his orders, and are not expoc'od to join these companies. All Justices of tho and cousiabies are to be subject to ita powiiitw and return to Virginia; and the second, in | the same ruie ws inflitia ofticers, as their offices are not which, «iter turning back on po r helpless Vieksbarg in | now so important that they cannot be spared to do local tts erie, raarcling thro gh Maryland into Peunsyivania | and temporary service in the defence of the State. | and tailing to achieve a crewning victory at Gettysburg In protecting State officers agatnst conscription IT have they bad to rotire to Magerstown, near the old Aotietam | acted upon what I consideran important principle. If any of thom now refuse to sid tn the defence of their battle ggpund, and thence across the Potomac into Vir ginis 8 last Jovawive campaign we were as far | homes it will bo from bi whipped and routed ag in tho former, and | protection from such in future, words haven Ob bi resjed some material fruits; but we bave Lat wo one despair of ultimate succoss. We stiould not } tion of the Bot been successful, end, m moral efiect-, it may be | expeat to be \ictorious upon every field. The e#plendid d died whether we bave ot leet seriously. The sup. | achievements of our arms in the past bave made us an plios ga be ed in the enemy's courtry, the*drawn battle | historic people, and bave clearly foreshadowed the final ®) Goclye burg, and toe Kiting od eaptaring vambers | triamph of our arms avd the future glory and grandeer . qual of even greater thin our Owa Jonses, do net com | of the covfederacy. Such a people, inhabiting such a pensa’e either lor the apparent triumph of the North by | country, and having such mothers, wives, sisters ‘nod our withdrawal or the more remote couseyuesce—Mhe fail | daughters, nocd only be true to thomeeives and humbly of Veh Lincoln has already profited larvely by the {allure of Leo's army to take permavent bod on his dominions, by | partment, this July 17, 1863. way etl, the ,@ era, alarm recruit and cou. | a c he ‘oreés, and by the quietus giveu (or the | pr to ine peace party Which was just beyinaing to | develop sei? into a power whieh be had cvse to tear. |g) All thie ie now dashed to the winds, and, wimt js worse, we have | st Vicksburg, which it does seem migit have | trust in Almighty power to be invincible. Given under my band and seal of the Exeoutive De- JOSEPH E, BROWN, ton's Army. From the aontgomery (Als.) Advortisar, Jaly 18.) falling back of Joboston’s y from Jackson will shearten any body acquainted with the mituation, 0 is Hot Maburaily @ strong postion, and beon saved by the obvious policy of retaining enoagh of the fortifications are mere tomy beari Lxe's army in Vir, inin to bold &devensive position, aud Fieer is onsily nd Grant, with @ Felulorce *shret fh the Dalanos, thas enabling bin tO geaatiy superior army at plongure. drive Grant {tous bis position before be could forti'y and Ay. Johuston's forces had anything Wke equalled the starve the garrison out. The truth 1, bowever—aud it mye fe oombers, he might have foucht him iv force hed better be eprker oneo—the army in Virginia hes euch © position, Lo! not otherwise. Lis cniy poltey baw boon treated a) (he ime as i! it belonged more to Vir thoretore to hold Grant to check and get his heavy than (6 the conta y And the idea of uivicing a the rear be“ore taling & Mt army for any puro © ontevteof that State Lever ntagenist, well KAow ing geome W HAVE KeCirred te lhe outhorities ow within the nemy warkened the (ue- fangs of poasib ite. T. we submit, Bus worked — jhor be pursues beyond a given ;aint in the interior. We Injustice fo other potous ft certainly os ‘valuable and vital to the raase as Vigghita, ond tomld — puaking the ex! atand after leaving Jackson; fat suppose not in the fautare be ip the WAY «1. & Speedy Conceutration gy the neaghi> sho Meridan, at the suncrion of the Mow of Oonfederate troops at any port 1 si needed ike and iw R nd the Southern Mississippi, con ne ling irtey cima, Ho would, of Course, desire The Rebels Taking Comfort Over tie protect the of rajireat os long as possible, ard, 6 Loss of the !" » ppt. sufticrent.s reinforced, might hott lag position in Mie- dow ie fret nataral ae of detence in this direotion Tombighoo, and voxt bie Alabams; ywards Mobil or come thie way, 40 hot Know ows the latter, General Jobo ® knows ins b and keops his own secrete, It enw vos the @-¥@ Hrueat abd Leople to go to his support, ore not advied where General Jobneten contemplates @ the war. nouaee wy eat the , ’ either dev the Fiver remal £3 Sora bee guabent paviatwn of its channel wi, be roposed to be | Confederate currency, 80 Se require that whole force to | $1,000 bond would get an interest of twenty ape cont the iy FROM THE GOVERNOR TO THE PEOPLE OF of that dyty ie coin, Bul terable dotermination to dio free rather than live the | at ‘Wered for the war, and those of them who have not been | this loan would range sinin or disabled are still risking everything for our suc- | rates; but say oven sixty conte to the dollar in coin, aud ‘The beat | in Tous as the congoripte now iu the counties subect to | consider herself under arrest, and 10 xhibiled too | a If, the con- | siders fover. Her head has been sbaved and a Proper that the State withdraw this | competent persons were invited to take Rat it large profit upon his investment. as we shall to brant Phe holder of & $1,900 bond would then properly bandied, uppi to commercial vessels just as | get a coupon for about five hundred pounds of cotton, by converting the interest of $60 per-ennum into cotton at of war, baa drawn | six pence sterting.per pound. Cotton is now worth forty cents per pound, at the poiuta where the iment stipulates by its bond to deliver it, These five hundred pounds of cotton would pach Leone $200 in at the lowest, He would get it, $90, imap optic sure to rise tn value, and which, after a it} babiy command at least twenty-five cents per in cvin. His Wlividend would be, expressed in & ‘@ of Vicksburg. He will not be | coupon, which he could use to sell, or remit, at pleasure. th leas than two. hundred fr he obese to draw bis cotton, he could eell it at edvane’ ing rates, or store 1$ for speculation, as he might wring thie stock with the dfteen million loan, it will 10 ‘and enables us to employ it | ‘be seen to be a far bevter investment. In the latter Interest pry Paint Perlocnt per annum. it cannot rise , But tbe stock now offered will bring at the low est, as we have shown, an interest of twonty etd in currency. The interest on the @fteen million fe paid im currenoy, unless the holder can use the coupons to pay ‘duty on cotton, or will wait the accumulation % the bonds now to bo issued wilt anGnterost to be paid in a mode which absolute- ‘valu; for it must be paid at once in ooin or in ‘The Governor of Georgia has just issued tbe. following pt eal neathonigbecerner sa aeamee au ue pe value. It follows from the above that, if a bidder pays $1, ‘The late serious Port Hudson, together with General Bragg’s porns prchesagr Saenger per cent in- terest: 8 $2,000, he will got ten per cent in- torent if $5,000 be the price, he will sill got an interest tinent. ‘The principal of these bonds to be repaid in coin, alihoush the purehase maney is not now commanding over one sixth of the value of coin. - Sournead ee en = Europe seems every way probable. Janger loan London selis for ninety-one in coin; and wo have heard that the fiiteen million loan has been b: ated there at seventy cents in coin to the dollar. somewhere betwoen these two Crest of pet wouid 1 PE ene ae kc teres ex: ‘ange, $600 in London—equal to $3,600 in currency on this ado, Hor these and other reasooa whieh we oouid we t Block ought to commani Fnaaty ursialans ana be pretorved, ea es Wivestunnt, 10 ail other necurities. , Female Spy—Mrs. Pattersen Allan—Trea- on Mat versa says (From the’ ond Enquirer, July 20. A fow days sinco Geoeral, hit was placed {n posses- ston of several letters written by Mrs, Patterson Allan (formerly a resident of this city), to porscps in the North, 10 of there was addrosecd to ‘Kev. Dix,” the tele and remember him. If he hides | father of Gerera! Dix, of the federalarmy. The other to Jog: Mrs. Allan’s sister in Cincinnati. In the latter letter she says that General Stoneman is a ‘white gloved General,” ‘iw his anxiety to make money and become | and dealt too easity with the rebels. she says he should have burned the residence aud devastated the farm of the and would sacrifice his ilberties to bis avarice, let him | Secretary of War, Hon. Jas. A. Seddon, which is tn Gooch- land county. Mr. Allan removed his family from this city to her farm on Jumes River Canal, near ir Pout, Goochland county, in November last, where birs. Allan bis since resided, muking occasional visits, how- We aro deter- | ever, to this city. In hor otter to Rov. Mr. Dix, Mrs. Allan gives the y the | names of a number of rebel sympstuizers in the North, recommending that they be arrested, She speaks of the mission of Dr. Hoge, of this city, to Europe, and says that, although the avowod — was to procure Bibles, yet the true object was to influence the English in favor of the South. She telis him when Dr. Hoge will re- turn, and says he ought to be arrested and kept 10 con- finemont during the war. She gives @ list of certain how keeping cut of tho reach or danger—as passport | commanding locations, where guns should be placed oa agents, impressment agents, useless subaiterns connected | the James river. Inmeciately on the receipt of the information a guard ‘was set to the residence of Dr. Hoge, in this city, at whose house the ingrate and traitoress was staying, to engayed on private spectilations, enrolling officers in | arrest her, but fuding that a child of lr. Hoge was tying dead in the house at the time, the Indy was orderea to tho matter was post- until the funeral ceremonies were over. Mrs. Al- was then taken before General Winder, where she confessed (0 having written the lotters, and instead of boing sent to Castle Thonder, where other tomaies and spies have been imprisoned, she was removed (rom Dr. enough to roll back the dark cloud of war which hangs | Hogo’s to the asylum of Lrancis de Sales, on Brooke avenue. Mrs. Allan is the daughter of Dr. Wilson, a physican of the Thompsouian school who kept a botanical store upon Main street, in Cincinuati. ‘The mother was ap atabitious woman, and gavo her children finished educations. Hav- gotten together some little money, the family wen: on Evropean tour,and while io luaiy’ Mr, Allan, met and married bis presoat wile. She is said to bes woman terrible temper, and approaches the nature of a virago. In Dr. Hogo’s family sho had been treated with all kind- ness, and deserves to be branded aiter the manuer ticed by: Paultp of Mactdon, “The ungrateful guest,” General indignation was expressed yesterday at the White the militia officers ‘of this State have genoraily | Neniency of her treatment by the authorities, and the responded promptly and willingly, 1 regrot to loarn that | problem found a ready solution 4n the a ifton that her roputed wealth shielded her; but if the publio will suspond its hasty judgment for a day or two, it will dis- cover that tho course 9 pursued by General Winder is en- tirely proper vader the circumstances of the ease, (From the Richmond Examiner, July 23.) Carte ey ATTERBON ALLAN, 6 Allan, the wife of Fatterson Allan, diereceeaius car an charge of trsensenees ecrrespectenee with the evemy,.1* now confined to hor bed at the Hos- Pital of St. Francis do Saies with what her surgeon con- Bhator ap- her condition. The upshot of the Dasioess “will Probably Gone, taborins wovier all the disadvantages Of | staifof the coramauer-ln-chie’, va they are expected te | be the return of “Mra. Patterson Allan” to her’ origingl bogs tn Cincinnati Commencement of Manhattan College. The annual commencement of Manhattan College took Plico on the Lith, 13th and 14th instants, Jn one the we halls of tho institution, before & large and Intelligent aadionce. This was no exhibition,” but o thorough examination of (he studonts, mm which ali in other Nustra- work dono th every dopartment of learn- term.. Tho opporteaity thus afforded to who take au interest *in the progress of education of Judging for themselves ns to what has really been accom Niehed, Brought together & larze number pf eritics, in addition to the parents and fr f tho student; thore whe expected most irom the reputation of the college evinced Uielr satisfaction and pleasure in the mst cimphatic manver ‘Tho oxercises were jidicionsly varied cach day, and they embraced exaimivatons tall the bravebes taught fn Our first class fastitutions of Jearning, the avotec’t | asd modern languages alte « witr’ the natural Belevote and the arta. luteresting aud welt mre ‘original o*eays wore read at intervals by the atudents ¢ the pest class. These 01 (bomseiyes woud bave patisiod any MLelligeat audience that the professors d thelr duty, sues thoy diaplayed vot only literary culkare of a very respectable order, but an nequawiuee by 90 means superdoia: with and arte, rat perhays thy Vollege is the attention whieh it paye t music—inaru men vyooal No strauger who heard the band wou the students and their professors of music; still teas would Ne huve supp sed those who pinged and #ANg #OlOR te bertudeats. ihe coiege band te really, very Kood, ‘and it 6 not o'teu Chat wioatears are met with anywberd who porform better solon on the piauo, Koy bugle, cim, rronet, fa ‘The prev it was no display of machinery, during rivas studies mightsoe sail to have seoured handsome Hibraries of theit owe during the examination. Tho cot- jego—whieh has-aii the powers and priviioges of @ uni. ‘vorsity—is fuely situated on the east bank of the Hud fon. Nout eight mies from New York, The ride to it through the Marg 1s incom; the most, titul the whole neighborhood of Now York affords, ve the soauery around tho institution Ma not surpassed by | that of avy cvllege on this eontinens. have suppoted Uhat uil tue meubers cousisted of | me co: sisted principally of books—standard | works---#0 thal maby of (be studouts who excelled m va- | NEWS FROM EUROPE, Additional by the Steamships Scotia and City of New York. Comments of the English Press on the Battle of Gettysburg. Great Anxiety to Learn the Result of Lee's Campaign. The Case of the Steamship Gibraltar. The Russian Note to France Very Conciliatory. French Accounts of Gen. Forey’s. Entrance into the City of Mexico, hen, kite ae Cars Buon, July 24, 1868. ‘The steamship Gootia, from Liverpool on the 16th, via Queenstown on the 19th inat., was boarded by the news- ‘boat of the press at ten o'clock this evening, ‘There is great anxiety to know the final result of the Dattles between Meade and Lee, Tho Euglish journals ao- cord praise to the Union troops. The London Post eays, except at Antictam, they never showed more steadiness. ‘The London Jelegraph thinks Meade entitled to more credit than any federal commander, he having et # blow altered the character of the conflict, ‘Tho London 2imes does not yet see ground for Linooln’s hopeful anticipations. ‘The principal struggle is to come, looking at Vicksburg and Port Hudson as well as at Penn- sylvauia. The 7imes estimates tho chances as heavily against the federals. ‘The Jimes says Mr. Evarts, who visited Loodon to assist Mr. Adams in international questions, returns home in the Sootia. The belief is that bis presence bas been poe edtndnt condusted his mission with satis- jetontion of tho steamer Gibraltar, late Sumter, and com- erment allowed themselves to be the government were not aware sustained any injury by the de- idea of tho government bas invented a system by which Ho ree ‘Tmeesages can be sent through an Atlantic oabl times quicker than by any mothod. France. * The Russian note, dolivered to France on the 17th, is ‘asserted to be very conciliatory. All the six pvinte aro arsented to; but an toall laying down arms is ‘proposed instead of an armistice. The Polish insurrection continues acti ie pees, France has or is about to recew overtures to England and Spain on the Mexican queation. Brazil. Rio, June 25, 1868. Coffee—7,100 a 7,200 for good firats. Latest via Queenstown. Loxvon, July 18, 1863. ‘The Paris journals publish @ despatch to the Emperor, recording Gentral Forey's ontry into tho city of Mexico, Tbe inhabitants are reprosented as enthusiastic for France and French intervention, The koys of tho city in silver were offered to the Emperor by the municipality, in an address to Gonoral Foroy. In Russia tmperial decrees have been issued directing, troops in November. PanwAMuly 19, 1863. minimum to which they could consent. respood to the expectations of Austria, who will immedi ately consent Lo ulterior mensures with the Western Pow- ers for attaining their common purpose. Drigands arrested at Genoa, saying that the arrest cou ‘stituted a violation of French rights. * The Pays beliovos that Russia’s acts are not altogether satisfactory. The Western Powers still adhere to their Programme. Commercial Intelligence. Liverroot,, July 18, 1863. Corrox.—The brokers’ circular reports the of the week at 27,000 bales, including 1,500 to speculators and 7,600 to exporters. The market has bees firm under the news {rom the United States for Amoricaa and Surats, while other descriptions are 14d. lowar. Tho gales to-day (Friday) are estimated at 5,000. bales, of which 2,000 Dales were to speculators and exporters, the market closing steady. The authorized quotations are :—Fair Orleans, 24d, ; middling do,, 21}4d.; fair Mobile, 2335¢.; middling do. 21d’; fair uplands, 23d.; middiing do., 203g. The stock in port is estimated at 29,000 bales, of which’ 43,000 bales are American. BTATR OF TRADE. ¥ ‘The Manchester market is frm, with an upward ton- jency. Brsapsrurys are firmer, and wheat and corn miebely higher, Flour steady, but quiet. Messrs. Wakoleld, Nash & Co. ; Biziaud, Aytha &0Oo., and Gordon, Bruce & Oo. report:—Flour firm; American, 21s. a Wheat firmer and partially 1d. a24. higher; red Western and Southorn, 88, 3d. a 9s. 44; white Western and Southern, me 9d. Corp firm and 34. higher; mixed, 26s. 0d, a 27s. Pxovisions.—The same authorities report beof firm. P-rk dull and tending downwards. Bacon quiet but Steady. Buttor inactive. Tallow steady. Propoce.—The brokers’ circular reports ashes stoady, Sugar tirm. Coffee easier. Rice very dull. Linseed oil steady. Cod oil Semponmeet Rosin steady at 208. tine porminal. report joum dull end un- Craia dae 2s. 4d. & 2s. 5d.; crude, £18 per ton, Lonpvow, July 18, 1863, uff tend: ’ circular reporte:—Breadsti down- war iron firmer; rails, £5 17s. 6d.; bars, 158. ; rt Lbs. 64. tending upwards, and ‘3d. is decliuing, and 1s. a 28. lower. fuice . Tea very a Lowpom, July 18—P. M. Console, 93 4 98 for money. Tilinols Coutral shares, 80% @ 203 discount. Eri L Havan, July 17, 1868. Corron.—Market dui! and ; New Orleans tres ordinaire, 300°. ; do. bas, 2T4f, in’ port, 27,000 bales. Ad@Gitional by the City of New Yerk. “| Mapam, July 16, 1863. It is agrerted that the Sp nish government intendg to Dominate a distingaished personage to reopen the nero. tiations on tho subject of Mexico, - INDIA. Bomnar, June 16, 1943. Cotton—Dholiers, 480 rupees; 7 Ib. pieco goods, # rons ‘1 annas; active. ‘ist, 21s annas. Linseed, 6 reals 12 anoss, xchange on lon, 28. 04d. Government socurition 4 por cents, 9955; b per conte, 10014; 54¢ por conts, ISX. Fretehcs dull, The outward mail arrived at Bombay on the 8th inat. Cavourta, June 16, 1863. Imports active and advancing. OWINA. Camron, May 29, 1863 Gray ahirtings 644. Catty firm, but little doing. Wa- tor twist, 10s. did, $4 higher. ‘es active, Tutal export | to date, 112,756,000 Ibs, Exchange on London, 49. 10\¢d, Stamanan, May'23, 1863. Gray sbirtings improving, Tea: Cou; uiet. Silk firm, but itttle doing; No. 9 Twatlee, $10 a 420, Bettie: | men's in fortnight, Stocks, 300 bales. kxporte to date, 16,125 bales, Kxchange on London, G4 6\4d.; on India, $19 rupoes, Fretghts, 00s. THE REBCL PRIVATEERS. | Our Southampton Corresponde: Sovrnamrton, July 6, 1863 The Rebel Privateers in Bravil— ‘Semmes Docs Not Like lo be Called 1 Stranger, éc., de. ‘This morning, at foar o'clock, | arrtved here from Bue- nos Ayte* and Paraguay, in the royal mail steamer Para- na, Captain Jellicoe. 1 have the best aathority for stating that the Ala- 4 bama and Georgia (where at Mahia, you know, thoy re in view of the present state of affhirs, a Crosh levy of ‘The Memorial Diplomatique, announcing the Russian reply, states that the notes of the three Powers were the ‘The Diplomatique, in a telegram from Vienna, states that the reply of Prince Gortschakoff does not entirely ‘The Moniewr announces that France has demanded from the Italian government the surrender of the five bs eget nan furnishing Uncle Abrabam bas | interest will be saved on the debt, to the benefit) wor the landing is located a battery of a couple of pieess | Of Stockholders. Perhaps only one point remains used to hail steamers Fy rybnighed ‘and below, night and | to make this operation all that could be desired, tlie per Near ae gues bas besa sunseaas tae and that is the adoption of the principle uséd is ip, whick: guides the passenger in bie climbing the | the case of the Prairie da Chien first mortgage. Mee i thopay sake kad In that example the conditions of the mortgage since a year. "Yeas boos graded require a fixed aanval payment, all of which, be- YORK HERALD, MONDAY, JULY 27, 1863. @elved supplies of onal and their letter begs) were far- siahed by am Eaglish vessel called the Castor. ‘The let- tors from an English merchant, and also the United States Consul, to the United States steamer Mohican and tbe United States steamer Onward, arrived of course too late, ag usual, 60 that neithor of these vessels had an Portunity of endeavoring to sink the pirates. ‘ During the stay of the Alabama at Bahia her captain without an exception, treated our little party with @ great amount of courtesy and con. sideration, from the General himself, 9, the Orderly he sent im bis carriage to decors us over ‘the works, amd ine i SR few hours it in the ere very agreeable m ‘and oMflcers were invited to dine with some of their Eng- | deed: he reeeeaene to. cairo without acerde:4, lish friends, and saluted with the toast,“ Welcome 40 the | 80d we returved to the St. Charles, and our “muttons,” more pleagant places in the worid ” strangers. Semmes did not like this, andin his reply ‘we have cast our lot. stated that he ‘« did not know why they should call them Strangers, as the Confederate States never were. nor would be to England.’ It was not necessary for him to makesuch a remark, es the course of the rebels and the noutral English 1s too well known to need any further comment. Reported Capture of the Moses Taylor. ANOMHER WEST INDIAN HOAX. Late Eaglish papers contain the intelligence, received by the West Indian mail from Barbadoos, that the well known Californta steamer Moses Taylor bad ‘been cap- tured by the privatecr Alabama, It is also reported that she had one million of dollars in gold on board, and fur! ther, the pirate sunk the United States vessel that oon- voyed ber. ‘There isno truth in any of these statements. First, the Moses Taylor ison the Pacific coast, where she bas ‘been twoor three years, Secondty, she belongs to a line that Carries no treasure; and thirdly, we have dates from Barbadoes up to July 1, which is as late as any received im Engiand, ‘and we have no news of any disaster to any of our treasure ships, nor are any of ‘them missing. The whole story was no doubt gotton up for some’ stock job- bing purpose. NEWS FROM KENTUCKY, Our Columbus Correspondence. Couvmucs, Ky., July 22, 1868. ‘The Place and Its Surroundings—Generat Astoth—Colum- bus as % Wasand as i Now 1s—District Staff of Colum- bus— Medical Depariment, dc. ‘This town having the honor to be the headquarters of the district including Hickman, Island No, Ten, Now Madrid, Columbus, Cairo, Mound City and Big Muddy Bridgo, of course considerable interest may be attached to it, aside from the evident fact that it is a very considera- ble town of itself. Having those things in mind, also a Pleasure trip which wo had for a long time been promising Ourselves, three newspaper correspondents and the wife ef one who chanced to’ be a happy Bonedick took passage with tho polite and affable Ca; Wood of tho little steamer Crawford, yesterday, peas eh to this place from Cairo, making the Yoyage, without let or hindranoe of any kind, in about two hours. The view of the high bluffs, upon which forts Halleck and Quimby are situated, ‘a8 one approaches Columbus, {s exceedingly bold, lovely ‘and picturesque. You see the yeilow- ish banks of earth rising In irregular and tangled magses several hundred feot in the air, surmounted at the apex by deep woods, huge forest onks and undergrowth. Ona plaza, or esplanade, about mid- way the river level and tho surface of tho earth above, touching the horizon, is nestled the collection of buildings denominated Columbus, Above the town you bohold'the flags designating the forts, whose frowning fronts are bristling with cannon, and within which are the blue coated gentry of our Uncle Samuol. It 1s not until you roacn the levee, however, that you take in the entire s06ne. Opposite Columbus, in plain view, is the battlo fcld of Belmont, Mo. Above the ‘landing aro the heavy posts from which Gen. Pillow’s great iron cable once depended, with which tho commerco of tho Mississippi was to have ‘been barred. But thectiain has departed. 7 own weight ‘broke its links ore the prow of Yankee gunboat or steamer a to graze it. The attachments only are left ja silent witness of ancthor of tho witless expioits of Gideon Piilow—tie general who built bie ditches upon the wrong side of his fortifications. Alas fer Gideon | His power has de) from him, and be now commands a bloody band of bushwhackers and threatens the Ohio. ‘thé Commander of the so-callod Matrict of Columbus is ker General Alexander Asbotb,a Hungarian, once on the staff of Kossuth during the troubles in bis native country, but later engaged {p the civil pursuit of an en gineer bs a some of the public improvements in the city of New York. Later still we find him upon the svaif of General Jobn C. Fremont during the eventful hundred days’ igo in Missouri. For bravery upon many & battle field he wears the atar of a brigadier general upoa is shoulder. A brave man, an exce'lent eugiveesr. . affable, courteous and agreeable, ho secks not higher bouors, but tries to continue a weful and contented oil. cer, performing his pape duty, meena es ‘or fawning upon mac or .. Ho the utmost cont. dence of General Grant, Chan tho ona wh A number of ia borers were at work yesterday proppiag up the watts ef the storage building corner of Morris and Greenwich streets, which fell on last Saturday afternoou. It seems impossible to prevent the total destruction of the ested lishmeat.. The front wall, which is of brown stong, bit ‘sprung very perceptibly already, and wi!l doubtless fall ‘f not speedily pulled down by tue proprietor. Should the side Wall on Morris street the large houses opposite mast inevitably be destroyed with it, as the street 18 extremely marrow. The building 1s six storie high, and every floor is loaded thick with hogsbeads of wbacco, Ae Sat nleiny. Hie withs view to Gi te valuable artigies, the pro} clays tearing building, it will be @ miracle if Fg lives are not \oet It ts alleged that the place was put up by an insuracce company, the houre which formerly occupied the rite baviog been burned down, It was only finished about two months ago, and it ts alleged that while the bogs heads of tobacco wore being stored the floors were beard to creak, and other evidences of a caving in prosout themselves, But this was not regarded as « dangeroas warning, being looked upow merely «a the ordinary occasioned by the “settkng” of a new building, ‘The paragraph which appeared In the papers yestordey morning in re‘ercoce to the falling of the wii implied that the firm were to biame fer t dent, ag they had overloaded the building with mercbar- the dive. Messrs. Phelps & Adams wish ty contradic! Statement in toto. They say their butldiug war londed about to the extent of one third of 1s oF) with flour and tobacco, and that the Suporintendeut « Unsafe Buildings bad pronounced it to be as safe as poew ble, ana perfectly capable of being filled with tour. FINANCIAL AND COMMERCIAL ‘Sunpay, July 26, 1863. The past week has been one of increasing ease in the loan market, and thus far the successes of the national arms appear to have given cenfidence alike to capitalists and to operators for the rise im stocks. It has often been maintained that gold and stocks would move up or down in sympathy during all the period in which the Treasury paper remained inconvertible, and frequently events have scemed to support this theory. But this connection was only an apparent one, and, as time has gone on, we have seen cases in which the divergence between the prices of securities and the precious metal pointed to a clearer account of their move- ments, We have scen panics iil which stocks have fallen while gold has been unmoved or even sisen, and at last we have seen & general improvement is stocks) in the face of # very oonsiderable fall im gold. The price of gold has not been affected by speculation to anything like the same extent as the prices of securities, forit does notdepend om the same causes. While the volume ef currency, every dollar of it inconvertible, was steadily ia- creasing, end while our arms were held in check ateo.many important points, gold, steadily,rose; and its rise was due partly to the present incon- vertibility of paper, end etill more to fears for ultimate redemption. But, now thet somanyrmili- { tary successes have come te encoutige the na- tion, , these fears are very generally mitigated, 5 confidence in the ability of the country to carry and gradually pay off its eleven hundred millions of debt is aniversally felt, the public, temiper is hopeful, and, in consequence, gold has been freely sold out and has largely fallen in price. Success in the war has, as alwaye is the case,'revived finan- cial courage, and people are amazed that gold ever went cohigh. | t Lhd But with stocks the case is entirely different. The enormous quantity of paper money issued by the government, joined to the inereauéd Haak cir- calation in certain parts of the country, has sup- pled the loan market with funds which the present business needs of the North cannot make ase of. With very little basiness paper making, compared to average seasons of indastry, the supply of money seeking short and sale investment is larges than ever. As & consequence, rates of interest rale very low. Five to six per cent is ad much as can be got from first rete notes. Good bonds have gone to euch a premium that it is Poor economy to invest in them, and interest paying stocks have advanced in proportions that are, jn the rough, similar to the advance on bunda. New York Cen- tral, regarded as perhaps the securest of thé Seven per cent stocks, and long the criterion tof rea. road investers, has stood for some time, id the neighborhood of 120. Now this must certainly be cousidered high for a seven per cent invest- meant, and it would never have been maipthined but for the controlling fact that people are obliged to be content with lower returns for money than formerly. It is «probably safe to consider that this proportion of 120 of in- vestment to 7 of income is about what is warfant- ed by the entire state of paper moncy, business requirements wad immediate financial prospects of the country. This calculation would lead us te expect to see all sound 6 per cent stocks at par, together with less establisied stocks of 7 per cont. Te application to existing circumstances ia ob- vious, aod most of the muney made 10 Walletreet since the rebellion beg@ has been made on just these principles, boldly adbered tu, both in stoci.s aod in gold. The lem Ratiroad Company give notice thas they will pay off, on lst Augost, their bends due August 1, 1869, und February 1, 1861, Dover ex- tensien bonds due 1857 and 1861, aud redemption woll ag that of biz oiticers and sold’ General Asboth spoaks English imperfectly, but writes and reads it very readily. Ho has 4 tall, not anpleagant feeeck eta epeaeis ot Orit would ayepe ted ry je is upwards of forty, I would suppse, and Bis bair'tes irondy thked ob the slivery Narte 2 ‘great degree. He bas a full, mild blue eyo, and out of it ainoble soul speaks winningiy. . The General's hoadquarters are in a large, fine stone building, formerly used for a bank. Tn roar of this are the stables, gardens, &c. Iu iormer ig 4 splendid tud of horses, one of them a roan, valued at $600, being Tate present from the officers of the post. In the gar. den the General has cultivated semo of the rare flowers nud shrubs he was euabled to save (rom destruction at Mem- pis, when s0 many good dwellings wore torn down to make way ior Fort Pickiig. He bas also an aviary, in which decks, canaries and quails fraternize haypily. In the Fear are somo raccoons, tied to their favorite nuts, also pets of the commanding officer. A fawn and a deer com piote the housevold, the General being so unhappy (’) a3 to remain single. . ‘The bachelor headquarters arc very cleanly, well kot and roomy. It was here that the Geuoral, ever hospitable to strangers as well as acquaintances, entertai:ed our company with @ broakfast of toast and most excellent chocolate, The faro was plain but rare in quality. Tue coffee was of the very best. The chocolate the General allows no one to pour but himseif, and be does it with ex treme grace, it must be confessed. ‘One year ‘ago, soon after the Union troops had pos. sessed it, it was one of the most disagreeable and un- sightly of military garrisons. } have a distinct recollee tion of writing my impressions of it as I passed down in flotilla at Craig. Point, IT thought it did pot loos very inviting. {n fact, but for the fortifications abd housts, i would have taken it for auything else but a human residence, It was muddy, dirty, smoky, and the levee,appeared unap. pronchabio, as in fact it been until occupied by Union u 8. “the oldest resident would hardiy recognize it. ‘The first thing striking the observor ts the jong, level, weil gravelled esplanade fronting the row of buildings forming ébe principal buginers portion of Columbus. ‘This {t bas beon an immense labor to seoure. It has also cost ing boon levied by Gen. Asboth upon the pockols and pro- | bonds due 1861 and 1863, This will leave the of the original aud latel; ired 4 Tete of tee site ’ ® in the wind. | mortgage bonds only to be provided for, and for i je the ts ji ing, arreg faa’ oreicikiag. web iver" tee this purpose @ consolidated and sinking fund mort- gage is arranged, with thirty years 6 per cent bonds. The friends of the roud are ready to see this exchange carried vut, by which one per ceat, miles above and below are situated. Tois road, until now almost impassable to an oquestrian’s most Dimbie mule, is casy of ascent, But it bas cost money aud months of labor; yet it hes been done, and well done, and hore Youd what is used for interest, is handed to the trustees of the sinking fund, who designate by lot #o many bonds as shall take up the money in their hands, and pay them off. This plan has the double advantage of keeping the bonds steady at abou par, and of protecting stockholders from the em barrassment of « large accumulation in the sinking fund. The principle is familiar in Europe, an mast continue military post. Taking it im this works well. done n0 moro than his It will have been noticed that the steamboat Im perial reached New Orleans from St. Louie on th 16th instant, and started on her return trip nex day. Admiral Porter has also issued notice the | from the 10th of August he will furnish a convoy to steamers for New Orleans every Monday mora ing at Vickaburg. This partial resumption of traf: on the Mississippi, though trammelled by govern Ment regulations and exposed to guerillas, ha given confidence to holders ‘of stocks of suci | roads as are likely to be immediately benefited — The sustained rise in Iinois Central reflects this! But there are other, and perhaps surer, ground for this imprevement. It is well kuown that th idea of the original projectors ef the Lllinoie Cen tral was to make the lands granted to the roa pay for the whole property. But the attempt t build the road on credit fuiled, and the stock holders were celled upon until #90 has been pai on the scrip. At length, however, the orfgins calculations bid fair to be justified, and the cas receipts from sales of lands will for the future b likely to take care of the whole interest on th construction bonds. The sum of this interest i 1863, being for April and October ef both classe Te and 6's, was $1,006,867 60. But since Oot ber, 1962, the «cash payments on account «— lands up to July 1, 1863, a period of nine have amounted tc $858,639, being more than times what they were for the same period a rei age ofiee came im for its share of a visit from the Bobecntane, From its columoa I abstract the toliowing Oficial (aformation regarding the pest of Columbus: — The annexed gives a full military directory — DISTRICT #TAry General Alexander Asbow, commaating tho pueee ‘of Columbus, Sixth division, Sixteenth army head: ra Opposite the landing. W. Kh. Rowley, District Provost Varehal, Captain f. 1. Harris, Acting Adjutant General. oukes J. B. McKay, Axsixtont Quartermaster, Post manter. 4 fe lenaien. Ommisaary of Subvistence, Diatri Post Commissary. Capea J. 0. Charehitl, Acting Ordnance OMesr, ‘ain Wm. S. Burns, Acting Inspector General. Lioutenant J. 8 Faulks, Aid do Camp, commandant at hoatquarters. Lieatenant Geo. G. Freidlein, Aid de Camp, Engiacer Department. Lieutenant F. J. James, Assistant Commissary of mus- ters POST OF COLOMETS. Colonel John Scott, commanding. Colonel J.B, Mossmore, comm naing Fort Halleck. Captain J. H. Williams, Provost Marshal, Columbus. Captain J Cadwallader, Superintendent of Lieutenant N,N. Tyrer, Post Adjutant, nos B Mitchell, Ald de Camp, Inspector of Moupted " Lieatenant M £. Leonard, Post Officer. Lieutenant Colouel G. Allon, ‘Atedionl Inepector United Staves Army, "