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4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. OFFICE N. W. CORNER OF FULTON AND NASSAU STS. Sati AMUSEMENTS THIS EVENING. ACADEMY OF MUSIC, Irving place.—Itauian Oruea.— Noawa NIBLO'S GARDEN, Broadway.—Nancisse, BROADWAY THEATRE, Cavoxwe On Tue Hearva, WINTER GARDEN, Broad Broadway.—Dor, om, Tax y.—Hanier. NEW BOWERY THEATRE, Bowery.—King Lean— Yours AwenicA—Guance at New Yous. WACHAUK'S THE. tens is Nor Gop—Ly Broadway,—Atz Taat Guar. Provieres. OLYMPIC THEATRE, Broadway.— Tous. ie StRERTS Or New POWERY THEATRE, bowery.—Daax Trot—Momxnrous Quastion—llaNpy ANDY. BARNUM'S MUSEUM, Wowns. 0 SKKLETON—Dw. ‘xn ow New Yorx—Day and Hroadway —Two Mauworu Far —Giant Bor—Tuw Won- ing. BRYANTS’ MINSTRELS, Mechanics’ Hall, 472 Broad. way.—Evmorian Songs, Daxexs, Buruwsquas, &¢0.—Les Misseasces, woop" Bowas, Dax Broadway.—Etuioriaw + ON OL ON THE BRain, HOOLEY’S MINSTRELS, 199 and 201 Bowery.—Sonas, Dancus, Boacesquas, bo. —Tas Invesraious Famity. SALLE DIAROLIQUE, 583 Broadway.—Rosgat Heuan’s MinAcLas—GraRs. VAN AMBURGH & CO’S MAMMOTH MENAGERIE, Utend S4i Broadway.—Open from 10 A. M. to WW P. M. HIPPOTHEATRON, — Fourteenth _ street.—Equestatan, Sram anv Acnosario Exrgzarainuents—Tux Feast or ANTELNS. AMERICAN THEATRE, No. 444 Broadway.—Batiers, Pacomues, BuaLesques, 20.—Magio Pris. DODWORTI HALL, 86 Broadway.—Boanstr's Even- Nos or Minra anp Patuos. NEW YORK MU AM ‘M OF ANATOMY, 618 Broadway.— Dpen from 10 0 P. New York, Thursday, March 16, 1865. THE NEW TAX LAW. The new Internal Revenue law, so important to the interests of the country and of every individual, will be published in the Wrexty Heratp of this week. Itis alphabetically arranged, and will be found very valuable and useful to all taxpayers. Single copies, in wrappers, five cents. Agents are requested to hand in their orders to-day. THE SITUATION. The announcement of General Sherman’s safe arrival at Fayetteville, N. C., contained in our Newbern despatch in yesterday morning’s Hexatn, is confirmed in our Wil- m ngtou and Fortress Monroe despatches published this morning. He had fought no battle since leaving Savan- nah, for the roason that the rebels knew it would be futile to attempt to arrest his progress, and in all his long and magnificent march from: the coast through the interior had met with no serious opposition. A company of rebel scouts kept in his front and s division of cavalry hung on his rear up from Columbia, S.C.; and these constituted the formidable lions which rebel journals have assured us he would find in his path, His troops are in ine condition, and have lived as sump- tuously as on their Georgia tramp, abundance of provi- sions being found in the country penetrated. Fayette- Villo is on Cape Fear river, eighty miles above Wilmington, and ‘boats started up from the latter place on Saturday, last to remove the obstruetions and open water commu- nication with Sherman's army, One of these obstruc- tions ia the sunken pirate Chickamauga ‘The good news from Schofield’s army continues to Yestorday we chronicied the retreat of Bragg’s rebels before it tothe north side of the Neuse river, at the town of Kinston. To-day we have the announce- mont of Bragg’s retreat from that place and its occupa- tion by the national forces, No particulars have been received, and we have not learned whether the rebels stopped to give battle after Schofeld’s men had crossed the river in pursuit of thom; but it is most likely that they did not. The placo is said to have been occupied by Schoflold’s army on last Monday. President Lincoln, by an erder issued from the Depart- ment of State, has directed the immodiate arrest of all persons found in the country who have been engaged in or connected with the rebel blockade running trade. Those of the offenders who are citizens or resident aliens aro to be imprisoned during the continuance of the war, and such of them as are non-resident foreigners are to be banished from the country, not to return while the war laata, under a penalty similar to that of the first named class In the lines of the armies of the James and the Potomac come. affairs still remain comparatively quiet. There was some brisk shelling on both sides before Petersburg for a short time on Monday afternoon, without results of con- sequence. The revels are still hard in work strengthen- ing thoir James river iron-clad fleet, under the personal #upervision of Captain Semmea Iron plates for the xtra coating of these vessels are being sent down from The rebels continue to advance in large ‘numbers into Grant's lines, in the character of deserters, They report that fresh orders have recently been issued for Lee's mon to be ready to march at the shortest notice. Richmond. There wore rumors in Washington yesterday that rebel peace commissioners had arrived at City Point from Richmond; but they could not be traced to a relia- ble sources, In conformity with the recent proclamation of the Prosident pardoning army deserters who return to duty, Provost Marshal General Fry has issued circulars to his subordi directing them to give prompt attention to the reception and forwarding of such of these direlicts as may report themselves. The Canadian Finance Minister, in a recent speech, aid that while the American war lasted Canada must keep & permanent force on the border, to preserve friendly relations with the United States. The Parlia- ment has voted three hundred thousand dollars for fron tier volunteer expenses and one million dollars for the defence of the province. A Union cavalry and artillery force which went out from Suffolk, Va., on last Friday into rebel territory pen- otrated as far as Murfree’s station, the terminus of the Soaboard and Roanoke Railroad, where they effected con- sfferable damage to the enemy by the destruction of the railroad track, depot, warehouses, fifty bales of cotton ‘and much other property of value, The force returned safely to Suffolk on the following day, having suffered scarcely any loss. A fight was reported as in progress yesterday afternoon At Brandenburg, Kentucky, on the Ohio river, between a ‘nal force of national troops stationed there and a party ‘of rebels; but the result has not been learned. Sue Mundy, alias Jerome Clark, the somewhat notori- ous Kentucky rebel guerilia, who was recently captured by a detachment of national troopa, has been tried by court martial and sentenced to be hanged to-day, ” EUROPEAN NEWS. Tho steamship Peruvian, from Londonderry March 3, reached Portland yesterday. Her news is two days Inter. American advices dated on Saturday, the 18th of Feb- fuary, reporting thé capture of Branchville by General Sherman, the rumor of the death of General Beauregard, . NEW YORK HERALD, THURSDAY, MARCH 16, 1865. and the exploit of Commander Cushing off Wilmington, had been received in England; but they exercised no ma- terial influence on the markets. ‘Tho Australasian bad réached England, with news from New York to the 22d of February, announcing the cap- ture of Charleston; bxt her report was not made public when the Peruvian sailed. The opening of the telegraph line to India was an- nounced in England. from Calcutta had reached Constantinople in-twelve hours, and a telegram from Kue rachee was delivered in England in eight ande half hours. The Russian territory bordering on Central Asia had been formed into provinces, under the title of Russian Turkistan, The English funds continued dull, and securities gene- rally deciined. The Bank of England reduced its rato of discount from five to four per cent, but no material effect was produced, Consols closed in London on tho 8d inst. at 88% 259 for money, The Liverpool cotton markot lost its buoyancy at the close of the week, and became wery dull, at a decline ranging from one-half to ono penny om Aimorican descriptions, On tho 3d instant the market clysed dull, with prices unchanged. Broadstufls were very dull, Provisions were steady. Sattorthwaite’s Circular of the 1st instant reports a de- cline in American securities, owing to an overstocked market, THE LEGISLATURE. ‘The State Senate yesterday reported favorably upon the bills for the improvement of certain portions of New York not yet surveyed; for the improvement of Brook- lyn Heights; authorizing the orection of a new Capitol; relative to preferred causes in the Court of Appeals and Supreme Court; relative to the New York and West- chester county Railroad; the general State Appropriation. Dill; amending the charter of the East New York and Jamaica Railroad Company. Bills were introduced to amond the charter of the Accidental Insurance Company ; relative to the foreclosure of mortgages by advertise- ment; incorporating the Harry Howard Association of Exempt Firemen; and relative to the custody and dis- position of the estates of insano persons, idiots and drunkards, Bills were passed increasing the rate of In- terest on Brooklyn Bounty bonds; amending the Brook- lyn Sewerage act; increasing the capital stock and extending the charter of the Pacifico Mail Steamship Company; for the improvement of Leonard strect, Brooklyn; incorporating the Kui ker Gas Company; and authorizing all horse railfoads in the State, except those in New York city and Brooklyn, to increase their rates of fare forty per cent. The New York city Tax Levy bill was made the special order for to-morrow noon. Bills were introduced relative to the Croton Aqueduct in New York and to change the grade of streets atlected thereby; and to equalize the fare on the Brooklyn horse railroads. Resolutions were offered asserting the Monroe doctrine in regard to Mexico and ite occupation by Maximilian, which were tabled. In executive session the nominations of C. W. Goddard, as Captain of the Port of New York; of N. P. Pond, Henry H. Hulett, John Cashow and James H. Thompson, as Harbor Masters, were confirmed. The appointment of Beman Brockway and E. P, Brooks, as Canal Appraisers, were reconsidered. In the Assembly bills were reported to amend the act establishing a quarantine for the port of New York; to prevent the smallpox; for the acquisition of lands for the Croton Aqueduct; to incorporate the Metropolitan Market Company; for a horse railroad from Flushing to College Point; relative to the taxation on moneyed and other corporations; toamend the charter of the Blind Mechanics’ Association of New York, and to incorporate the New York Transit Company, An adverse report on the bill for the better regulation of the firemen in New York city was introduced, when, on motion, the report was laid upon the table for the purpose of permitting the minority to report, by a vote of 76 to 85. Bills were passed to amend the charter of the Brooklyn Mercantile Library Association; to amend the act regulating the pilotage of the port of New York; to amend the charter of the City Fire Insurance Company of New York. The Senate bill to amend the General Bounty law, 80 as to give substitutes furnished by drafted men the same bounty as volunteers, was agreed to. Bills were intro- duced for the improvement of Dock street, Brooklyn; to amend the Soldiers’ Voting law; also to exempt persons in the employ of telegraph companies from militia or jury duty. MIMELLANEOUS NEWS. Our people were considerably surprised yesterday by |. the commencement of drafting in this city; for, although it was the day to which the operation had been post- poned by the Assistant Provost Marshal General, it was not generally known that the order to proceed with it had been received from Washington. However, the drawing was begun in the Fourth, Fifth, Sixth and Eighth Congresstonal districts, and the offices of the pro- Yost marshals were filled with anxious but: orderly crowds ofcitizens, The number of men required to fill the city’s quota is thirteen thousand. To this one hundred per cent ie added to cover anticipated exemptions. There- fore twenty-six thousand names altogether will be drawn from the wheels of the six city districta, Drafting will be continued to day; but it is said that while volunteer- ing keeps as brick as it is at present the drafted men wiil not be called upon for service. The steamship Ocean Queen, from Aspinwall on the ‘7th inst., arrived here yesterday, bringing over tour hun- dred thousand dollars in specie, the mails and the passen- gers who left San Francisco on the 23d ult, the latter having been lees than twenty days on the passage. This is the shortest time that has been made between the two cities during the past ten years. ‘The news from South and Central America is interest- ing, the initiatory steps for a couple of additional South American wars having been taken. The government of Colombia has declared war against the republic of Ecua- dor, for violations of the territory of the former by armed bands of the latter and infractions of treaty stipu- lations, and a civil war between opposing factions in the State of Panama was looked for daily. The revolution in the republic of Bolivia continued. Peru and Chile re- mained quiet. A number of colonists from the State of Missour had arrived in Nicaragua. . By the arrival of the British West India mail steamer Montezuma, from Kingston, Jamaica, on) the &th instant, we have files from Jamaica dated to the 7th of March with interesting advices from some of the other ‘Weet India Islands Our thanks are dueto Captain Hamshaw for his politeness in promptly forwarding our exchanges. It was rumored in Kingston, Jamaica, that all the British troops in Spanish Town were under orders to sail for Honduras, in consequence of a difficulty arising from the Emperor Maximilian’s project of annexing the Colony wo Mexico, Mr. and Mra Charles Kean were in Jamaica, en route to New York by way of Havana. They had given two readings before the Governor and élite of the island. Trade was dull in Kingston. Great distress was felt in Barbadoee for want of a supply of Americ 1 pro- visions Admiral Sir James Hope, R. N., and Admiral Bosse, of the Frénch service, were to have had a naval conference at Barbadoes; but the French commander having waited’for a considerable time, left for Martinique the day before the British officer arrived. President Lincoln’s health is so much improved that he was able to receive visitors yesterday and to attend a public entertainment in the evening. Owing to the popularity and great success of the reven and three-tenthe per cent national loan now being so Tapidly absorbed, Secretary of the Treasury McCulloch wily, it is said, ehertly puton the market an additional one hundred and fifty millions of these bonds, differing from the preeent issue only in the particular that they will be redeemable or convertible one year later, ‘The testimony taken yesterday before the Senatorial Investigating Committee related principally to the letting of piers and ferry slips by the city authorities and the accounts with Mr. Blunt, chairman of the Supervisors’ Volunteering Committee, for moneys paid to procure men for the army. Bome of the piers and slips, it appeared, were let privately, and not exposed to general competition, as required by law. It was claimed that for those larger sums were received than could have been obtained if they had been put up at public auction In the audit book for 1864 appeared an entry, ‘Testimonial to Orison Blunt, fifty thousand dollars.” But itappeared that this money was not givén to Mr. Blunt asa testi- monial, it being designed to be, and betng, paid by him ‘ae bounties to volunteers. At the opening of the Court of General Sessions yes- torday Assistant District Attorney Bedford, with a view of expediting the transaction of business, stated that hereafter he would insist upon counsel furnishing legal excuses for the postponement of cases put on the calen- dar for trial. For some time past witnesses, jurors and the officers connected with the administration of justice have been put to great inconvenience by lawyers who neglect to confer with the prosecuting officer in reference to arranging their cases, Judge Russel intimated that he would compel counsel to bring themselves within the tule in the future. James MoCabe was convicted of Grand larceny, baying stolen forty dollars from Wiliam Porch, # returned volunteer, on tho 28th of February. | peace that is coming; and the valoe of the He was gent to the State Prisun for two years, Jumen Beat (colored) was tried and couvicted of burglary in the third degree, he having, in connection with a man named “Desperate Mike," broken into a liquor store in Worth street, on the 28th of February, and stolen therefrom a quantity of silver vin, whioh was found in his possea- sion when arrested, a day or two afterwards. The d-tec- tive who worked up the case having informed the Court that Bost was a well known thief and burglar, tho City Judge imposed the highest penalty the law allowed, which was five years’ imprisonment in the Stato Prison. The One Hundred and Third regiment of Now York Volunteors, aftor a threo years’ term of sorvice, reached this city from the seat of war on Tuesday night and had & public reception yesterday. They marched in procos- sion through the principal streets, boing escorted by Hawkino’ Zouaves, the Ninth Now Yerk Volunteers. [n the evening they wore regaled with a supper in tho Bowery. John P. Stockton, demoprat, sen of Commodore Hock- ton, was yosterday elected United States Senator by the Now Jersey Legisiature, to succeed Mr. John C. Ton Eyok, republican. ‘The stoamship Guiding Star having been detained at New Orleans for the purpose of transporting troops, the steamship Liberty will take her place in the line for this trip and will sail on Saturday next, 18th tat, at 3 P. M., for Now Orleans, touching at Havana. Alexander “Milliner, a Revolutionary soldier, dicd at Adams’ Basin, thirteen miles from Rochester, N. Y., on last Tuesday morning, at the age of one hundred and five ee the accident on the Now Orleans and Opelousas Railroad, on tho 2d inst., heretofore noticed, upwards of fifty members of the Thirty-third Ilinols infantry were injured, ten of whom died soon after the catastrophe. The accident was caused by a horse which walked on to the track, the train being thrown off, The Union State Convention of Rhode Island were in session in Providence yesterday and theday before, and nominated their ticket for Governor, Lieutenant Governor and the other State officers, Governor James Y. Smith ‘was renominated. Gold was weak and feverish yesterday, and after open- ing at 177 sold down to 174%, from which it reacted, however, and closed down town at 177%. The stock market was comparatively firm. Governments wero heavy. At the evening board gold again fell, and closed at 11544. The large decline in gold completely unsettled the mer- chandise markets yesterday, and caused a large decline in all kinds of domestic produce. Cotton, petroleum, &o., were dull, lower and nominal. On. ’Change there wasa perfect slaughter, particularly in provisions, pork having declined ono dollar per barrel, while beef dectined materially, Lard was a 3<c. lower, with only a moderate demand. The flour market was moderately active at lower rates. Wheat was 50. a 10c, lower, while corn and oats were dull and depressed. Freights were excoeding- quiet, Whiekey was firm but not active. The Political MRevolution—The New Epoch and the Prospects Before Us. The late New Hampshire election, upon a diminished vote, has resulted in an increased republican majority over that of last Novem- ber. A corresponding republican gain, in the same way, is indicated from the results of the late town elections in New York. Doubtless the causes of these democratic depressions are general and everywhere prevailing; nor need we go far for the explanation. The democratic party, as reorganized at Chicago, was demol- ished in November; its mission has ended, it has ceased to exist; its elements of opposition to the administration survive, but there is no bond or principle of cohesion among them. They are cast loose without a platform, without a leader and without a purpose. In other words, the democratic party, torn asunder by the slavery agitation at the Charles- ton Convention of 1860, and reduced to the left wing of its original army, has been routed from every position it bas since assumed on the slavery question, until, driven from its consti- tational citadel, its vocation, as a pro-slavery conservative party, is at an end. So, too, the mission of the republican party, which was first the restriction, and next the extirpation of slavery, has been accomplished. This war, like Cwear, and the other great revolutionary leaders and guides of Louis Napoleon, has done in a few years the work of centuries of peace. In this single thing—the abolition of African slavery—we have passed the first stages of one of the most comprehensive'and momentous po- litical revolutions in the history of mankind. The superstructure and foundation of all our great political parties, the ruling political ideas among the people, of all classes and sections of this country, since its first recognition among the nations of the earth, are thrown down and superseded. We have no party leaders; we have no party issues; we have no party to-day in the field for 1868. The- political elements adhering to the administration, as well as the opposition factions, are all adrift upon the surging waves of a mighty revolution. This is our political situation to-day. We are in a transition state, With the suppression of the last remaining fragments of this tottering rebellion, our shortsighted politicians will be- gin to realize the change that is upon us. They will see the fallacy of all their petty schemes and plots for the Presidential succession, based upon old ideas, old party or sectional issues, and old cliques and cabals of defunct party managers. We have only to glance at the new order of things looming up into the foreground to be convinced of an inevitable reconstruction of parties and principles, involving new leaders, new Tights and new candidates, in the interval to 1868. A national debt of some three thousand mil- lions, internal federal taxations, ranging from four to five hundred millions, the national currency and credit in all their various forms, the tremendous pressure of a great financial crisis, will probably convulse the country as with the throes of anearthquake. What shapes the contesting parties for the succession may assume upon these questions we cannot divine. Much will depend upon the policy of the administration upon this and other subjects, and much upon the chances of human life and the accidents of for- tune, in the reconstruction of our domestic ‘and foreign affairs. What course will be pur- sued in the restoration of the rebellious States; how far their active and intractable insurgents may be induced to remain or constrained to go into exile; what system for the reorganization of their black laboring population may be adopted; what schemes and adventures may follow for the rebuilding and recolonizing of the Southern States, have all yet to be devel- oped. Whatever these developments may be they will exercise their influence in the reor- genization of our political parties, But second only to the money question, if not the ruling issue, it is likely that the Mexican question and the Monroe doctrine will determine the issue of our next Presidential contest. Here, at all events, are the upheavals and transformations of one of those great revolu- tions which mark @ new epoch in the history of nations, It is impossible that the managing politicians of 1864, on either side, can rise to the control of this new programme. They will be superseded, as the Bourbons of ‘the old kingdom of France were puperseded by Napo- Jeon and his marshals of the empire. The heroee-of this war will be the heroes of the army will be the balance of power. In this view, John Van Buren, in recognizing the col- lapse of the Chicago democracy, has pointed to one of the heroes of the war, whose achieve- ments furnish the required popularity and whose stalesmanlike lotiers supply the neces- sary platform fora new and powerful opposi- tion party, The events of the noxt six months, we suspect, will go fur to determine the saga- city of this proposition and the shaping of tho momentous campaign for the succession. The Situation in North Carolina—Sher man, Schofield and Johnston. Sherman's army was encamped at Fayette- ville, North Carolina, on the 11th inst., resting, preparatory to another northward march; and the latest newa from Schofield leaves him in possession of Kinston. Sherman and Schofield were in communication by way of Wilmington and Newbern, even if they had no more direct route; so that they certainly understand cach other, and the two forces are already moved by one will. Sherman, when he moves, will, from all appearance, move towards Goldsboro, and Schofield in the same direotion; and Golds- boro is the point at which the two forces should concentrate, in view of the presence of a heavy force of the enemy to contend against. But Goldsboro itself is in the hands of that force, and thus the enemy apparently has the oppor- tunity, it he has the will or the power, to fight the forces separately before a junction is possible. Has he the power to do go, and, if he has, is it probable that he will use it in that way? From all appearance the enemy has between twenty and thirty thousand men near Golds- boro. This force 1s made up from what Bragg had at Wilmington and of the rebel Army of the Tennessee, now under Johnston. Doubtless the force that was in Charleston is there also. Altogether this is a very good body of troops, and will make a tough fight. An attempt has already been made with a portion of this force to check Schofield’s advance. That attempt failed, and was a very dear one for the enemy. But, considering’ what a temptation this situation offers to the enemy, and how much it would help their resistance of Sherman if they could annihilate Scho- field, it seems hardly possible that they will abandon that attempt without another battle. The blow already given by the enemy with this view was a precipitate and badly de- livered one, and was not even given with the enemy’s whole power. They will argue from that that a better result is possible with the means at hand even, and will try it again if there is time. Bragg has doubtless been with- drawn from Kinston to consolidate the whole force on some good field nearer to Goldsboro, and if that field is chosen by Johnston, and an offensive battle is given by the enemy under Johnston’s direction, it will be a much more considerable affair than the recent attempt on Cox’s lines by Hoke’s division. It seems as if there could be no great disparity between the two forces; and the enemy have a great deal to gain by a victory. On the other hand, they have a very great deal to lose by staying at Goldsboro, if any awkward event should chance to keep them there a little over their time; for then Sherman would be on them, as well as on the only lMnes by which the army under Johnston could ever join the army under Lee; and even a victory over Scho- field would be dearly purchased by the defeat that Sherman would give Johnston, or even by Johnston’s being forced so far from his true line of retreat that he would be separated from Lee by the army under Grant. Johnston and Bragg will stay at Goldsboro, in the hope to get a sat- isfactory battle out of Schofield, as a prelimi- nary step to operations against Sherman— as a sine qua non, indeed, of any possible resistance of Shermen’s advance; for, it Sherman and Schofield should form their junc- tion safely, any attempt of the enemy to keep the field in North Carolina will be worse than hopeless. But while they stay to fight Schofield they will keep a very keen eye on Sherman, and if he should stride too rapidly up from Fayetteville, 80 as to give any chance that he would be in at the battle ; or if he should stretch a threatening left too near to Raleigh, then fhe rebel heroes who now, in the language of the rebel papers, “prevent” the junction of Schofield and Sherman, will hurry away from Goldsboro with the most reckless haste. They will do this, because the great, para- mount and ultimate issue is necessarily of more importance than any lesser one tan be, and simply to save so many men from a useless slaughter for a final chance by battle. If the junction of Sherman and Schofield cannot be prevented without risking the loss of the now important force under Johnston, then that junc- tion will be permitted to take place ; the enemy will abandon North Carolina entirely, as they have already done South Carolina, and every man that they now have in North Carolina will be concentrated in Virginia—perhaps on the Roanoke river—to swell the force that the enemy expects to concentrate for a last grand trial by battle. For to keep themselves ina condition to fight one more great battle, and to keep enough men in the field to give thema reasonable hope for success in that battle, is now the sole idea of the rebel leaders. Hence all minor chances will be thrown away when they appear to imperil that chance. If the con- centration of Lee, Johnston, Bragg, Hardee and all others will give the enemy one hundred thousand veteran troops, and if those troops can, as the enemy hope, be concentrat®d.at any point in Virginia between Grant and Sherman, 80 far from either army that they need fight but one at a time, then, certainly, there is some chance for their success. This is tite last and only hope of the enemy; and that this hope is a very slim one becomes apparent wiien we con- sider the number of “ifs” that one must use before the hope can be clearly stated. Rewons or Axotuen Prace Commission From Ricawonp.—We have the report, via Baltimore, that another peace commission from Richmond had made its appearance in front of General Grant’s lines, or at City Point. We have no post tive information on the subject; but we think it very likely that Jeff. Davis is the dis- covery that he is driven to his “ ditch,” and tbat there is no escape for him except such as he may secure by a timely submission to the fortunes of war. His situation is suggestive of the advantages of a capit@ation without further resistance. He has a army , under General Lee, of forty or fifty thousand men, supported in North Caroling by the soattered Gorges of Joe Johnston, hardly excoeding forty Tn the next place, what oun these ninety thou- gand men expect to do, belsind Lee's intrench- ments, without provisions, against the envelop- ing forces of Grant, amounting to two hundred thousand men? . These are the questions which Jeff. Davis is now called upon to censider; and-having de- tained his two houses of Congress for a few daya ‘beyond their appointed time of adjournment, upon the plea of important business, it is possi- ble that this business may be another peace conference. We expect, at all events, that Richmond, within a few days, will be surren- cred or abandoned by Davis; and this, we have every reason to believe, will be the end of the war. Por Down Prices.—Gold fell to 173 in Wall street yesterday, and afterwards ralliod to 176. Several goid operators, unable to resist the pressure and the logic of events, broke down entirely. Thus, day by day, the premium comes down, and the failure of the speculators is good news to the people. Now that gold is down prices should come down also. Merchants aud | storekeepers were very willing to put prices up because gold went up;* but now that the rule begins to work the other way they hesitate. Everybody remembers the old apology of the clerks in the various stores when customers complained of extravagant prices:— “\h, sir or madam, we are obliged to regulate our prices by the premium on gold.” The public accepted this logic, and submitted to the rise; but the storekeepers do not seem so anxious to “regu- late their prices by the premium on gold,” now that the premium is falling, falling, falling with every item of news from Grant, Sherman, Schofield and Sheridan. What is the cause of this delay? Gold is down; put down prices. Avow THE Drart.—The draft was commenced in this city yesterday, and this morning the wheel will again turn out the names. We once more urge the committee which had charge of the recent celebration, the Union League clubs, the Union Defence Committee, the committee of the Grant meeting and all other public, private and political bodies to exert themselves to the utmost to bring in recruits, The same money and the same energy which are em- ployed in getting up a grand celebration would fill our quota and enable us to have the grandest celebration of all. We can raise thousands for @ parade; why cannot we raise an equal or greater sum for bounties? We can display the most astonishing enthusiasm in organizing a procession; why cannot we display the same spirit in collecting recruits? The means and the men are at hand, but the time is short. Come, gentlemen, to work | A Sicx.—Two produce houses in Philadel- phia, and several gold operators in this city, failed yesterday. Things must come down. Stand from under. The people’s turn is coming. The New Jersey Legislature. THE ANTI-SLAVBRY AMENDMENT—JOHN P. STOOK- TON ELECTED UNITED STATES SENATOR. ‘Taxxtow, N. J., March 15, 1865. In the Senate, in the debate on the constitutional amendment, Mr. Randolph, of Hudson, denied that ‘Voting against it placed himeelf and others in the pori- tion of defending an institution the existence of which he deprecated and desired to dispose of as rapidly as ed and a due regard to the rights of all permitted. Messrs. Chandler, of Morris, and Holman followed on the same side, The question was thon postponed until to- morrow. Re. “oes meeting of both branches was held at three o’cloc! The rule to elect by majority was rescinded, and John P. Stockton was elected, having received forty votes. Mr. Lge of Camden, nominated and voted for Fred- erick T. Frelinghuysen, of Essex. This nomination was received with applause. Mr. Doughty, of Somerset, nominated and voted for Mr. Vroom. Mr. Kennedy, democrat, of Warren, nominated and voted for James W. Wail. Mr. Jenkins, democrat, of Union, nominated and voted for H. 8. Little, of Monmouth. A motion was made by Mr, Jenkins to adjourn sine die without an election, which was lost by a vote of 40 yeas against 41 nays. The ballot for Senator stood as follows :— Jobn P. Stockton, dem..40 Pi John C, Ten Eyck, rep...87 H. Fred. T. Frelinghuysen.. 1 James W. Wall rer) Travan Orrna.—Fra Diavolo was given to a very good and fashionable house last night. It was unexceptiona- bly sung, all the artists doing full justice to their rdler. ‘We are glad to see that Norma will be produced this evening, as this opera affords an opportunity for those fine dramatic effects with which Mlle. Zucch: invests the character of the Druidess, and which have already stamped her rendition of it with the seal of public ap- probation. We regard Norma as one of Zucchi’s very best parte, Mr. Maretzek announces—and we are very glad to have to record the fact—that he will be able to retain the services of his artists for two additional nights, and wo will therefore have an opera on Monday and Tuesday of next week. With a generosity which we hope the stockholders will gratefully appreciate, Maretzek politely informs them that for these two nights their boxes and seats are at their disposal, without any charge, although we need hardly say that this privilege is not ‘‘so written in the bond.” It isa liberal but characteristic act on the part of Mr. Marotzek, who, we are bound to say, has been ever wil- ling to accommodate the stockholders as well as to pro- vide most uneelfishly for the pleasure of the public. We believe that we are to be introduced to a détvtante on Monday night, in the person of Mile. Stella Bonheur, as Pierotto, in Linda—a young lady whore fine, fresh, con- tralto voice, careful study and graceful person give fair assurance of success, if we can judge from her excellent rehearsals of the part, To-morrow evening J Pw itani will be given; and on Saturday the last grand matinée, with La Forsa del De Broavway Turatae.—This week brings another variety and another success at this house. Mr. Owens appears in @ now character—that of the old Toymaker, Caleb Plum- mer, in Boucicault's delightfully dramatized version of the Cricket on the Hearth. The éclat which Mr. Owens secured by his rendering of Solon Shingle is enhanced by his delicate natural portraiture of the old toymaker, and establishes bis capacity for presenting old men with those fine touches of nature which at one time provoke a laugh, and in another moment a fluttering at the heart, and a certain moistness of the eyelid, which betokéns a deeper emotion. Mr. Owens, in fact, in Caleb Plummer, makes a sensation—not in the ordinary use of that term, but something which is indicative of ‘the mastery of the artist over the sensibilities of his audience. Mr. Jamison's John Peorybingle is admirably acted. Mies Placide’s Dot is fair, and Misa ms ia betters The play is produced in excellent ie good, and the costuming faultless. a the first three ite the house was crammed, and will doubles continue to, be 50 during the rest of the while Dot js kept on the stage. Courinrertany Concunt.—On Saturday evening there ‘will bea grand complimentary concert to Mr. 0. 8. Gra- fulla, bandmaster of the Seventh regiment, at the regi- mental armory, over Tompkins Market, The pro- gramme is a good one. Concent oF Savon Moweranvun—Thie excellent artist announces a concert for Saturday evening, at Steinway's rooms, Fourteenth street, Signor Mongiardini is weil Imereti mnded, ‘Tanopons Tuomas’ Syurnoxm Somesn.—Tho fourth grand orchestral concert of Mr. Theo, Thomas will come off op Saturday evening at Irving a with his finely or- ined of t ro fre sixty artiste. his occasion Miss be the soprano soloist. Ooncunt oF Tus Twaxty-ssconp ReGimext.—A concert ‘will be givon by this regiment at their armory, Four- teonth streét, noar Sixth avenue, on Saturday evening, for the benefit of the Ladies’ Battory Barracks Relief ‘att ‘The concert is under tho apecial auspices several inguiehod ladies, and will, no doubt, re- Ceive a very substantial support, - - eo EUROPE. The Pexuvian at Portland with Two Ways Later News. ~— The Report of che. Fall of Charleston in England, but Wot Published. IN AMERICAN SECURITIOR, AFFAIRS IN ITALY. The Angio-indian Telegraph at Work, &e., Tho steamship Peravian, from Liverpool at half-pas ‘one o’ctock on the afternoon of the 2d, via Londonderry op the 3d inst, arrived at Portland at two o'clock yoster- day afternoon. Her news ig two days later. The Paris Bourse was firm at 67f. 60c. for the rentes. ‘The mother of the Queen of Holland died at the Hague, on the 1st inst. The steamship City of London reached Liverpeel carly on the morning of the 2d inst. The steamship United Kingdom, bound for Portland, was passed by the Peruvian on the morning of the llth inst. Tho steamship St. David, from Portland, arrived at Liverpool on the 2d inst, The steamship Australasian, from New York, arrived at Queenstown on the 3d inst, The Peruvian’s newspaper bag was forwarded by Adams Exprees, and will be due in New Nork this mora- ing. Her mails were to be forwarded in this morning’s train. DECLINE &e., do. she Amerioan neve fo Salardsy, Febranty 18,] pes the 6 American news [to Y, ruary 18,) per: City of London warts no material influence on aR Eng lish markets. The Australasian's news (to the 22d of February, re. porting the capture of Charleston, had not transpired a& the date of our latest telegrams from Liverpeol. DEOLINE IN AMERICAN SECURITIES—A LARGE 8UP- PLY OF STOCKS ON TIE MARKET, Mossra, Satterthwaite’s circular, dated the evening of the 1st of March, reports a declining market for Amert- can securities, atizing chiefly from the large supply ef stock which has recently been received from America, Five-twenty bonds have given way from 52% to 51, a& which they closed, with buyers—a decline of 2% per cemt, Erie Railroad shares, after touching 3434, declined te 34. Illinois Central shares are weaker. ‘The settlement in the Atlantic and Groat Western ee tiflcates having developed a ore Tear account, they closed firm at % a 34 per cent premium. Great Britain. The Parliamentary proceedings were unimportant. Queen Victoria has temporarily — from hee sociusion by receiving tho foreign ambassadors, membess of the legations, &c., in state, at Buckingham Palaoa Mr. Adams, the American Minister, and his secretaries, were present, but Mrs, Adams was unavoidably absent. Queen Victoria wit hold another court on the 13th Er resEG which is limited to a select circle of English me lity. ‘The great exhibition in Dublin is to be inaugurated by the Prince of Wales, with the same ceremonial as if by the Queen herself. The opening of the telegraph to India has been for~ mally announced in London, causing considerable sense tion. Private mossages from Calcutta had reached Com stantinople in twelve hours, and a message from Kurra chee had reached England in eight and a half hours, Italy. ‘The King of Italy arrived at Milan on the 1st inst., amd was received enthusiastically. The Cardinal Vicar at Rome has issued a noti relative to the jubilee. He reverts to the object Pope's clical letter, and particularizes as deplorable the errors of liberty of conscience and gious worship being recognized as legal rights, He ean- not recognize as just the right of all to progagate through the press erroneous principles, nor can he recognize that the will of the people is the supreme law. Portugal. The ministers finally resigned onthe Ist, The Max quis of Lada Bandire has been charged Wy the with the formation of anew cabinet. He not completed it. the Russia. The Russian country bordering upon the states ef Central Asia, extending from the Sea of Aral to Lake ‘Yeshil-kool, has been formed.into Russian provinoes, under the title of Russian Turkietan. India. A Calcutta telegram of the 25th of February reporte imports declining, and shirting 3a. lower. e telegraph service onthe line fromthe headet the peninsula to India is excellent, bein, first class English telegraphers; but it will before service on glish line can be equally reliable. Commercial Intelligence. THR LONDON MONEY MARKET. ‘The funds continued very dull, and securities have generally declined, notwithstanding the increasing ease mthe discount market. The Bank of England on the ‘2d inst. reduced its rate from five to fourand one-balt per cent, but no material effect ie anticipated. Loxvox, March 2, 186 Consols close at #8% a 89 for money. Loxpon, March 3, 1868 Consols close at 88% a 8934 for money. The bullion in the bank has increased £201,000. Astenicax Storks.—United States five twenties 61% @ 6234, Illinois Central Railroad 51% a 52), Erie 34, THE LIVERPOOL COTTON MARKET. Liverroot, March 2, 1865. Sales of cotton for four days 21,000 baie incising 6,600 bales to speculators and exporters. The, marl opened firm, with an advancing tendency, but closed very dull, with a considerable decline on ail qualities. TRADE REPORT. THE Manchester market opened firmer, but closed very duil and qasier. LIVERPOOL BREADSTUFFS MARKET. The breadstuffs market ie quiet. Corn is easier, Messra, Richardson, Spence & Co. and others report:—Flour dull and nominal. Wheat quiet and steady. Corn inactive; mixed, 269, 9d. a 278, LIVERPOOL PROVISION MARKET. The provision market is generally inactive, Meaarm Wakefield, Nash & Co., Bigland, Athya & Co, and others report:—Beef dull, Pork quiet. Bacon steady, Butter easier. Lard quiet. Tallow inactive, but steady, Cheese buoyant, with a slight advance. LIVERPOOL PRODUCE MARKET. Ashes quiet and steady. Sugar steady, Coffee tm active, Rice steady. Rosin quiet and steady, Spirits turpentine quict at 668. Petroleum steady, LONDON MARKETS. Breadstuffe steady, Sugar steady. Coffee firm. Tee quict, Rice fat. Tallow firm. be THE LATEST MARKETS. Livexvoot, March 2, 1865. Corrox.—Sales of the week 45,000 bales, including 9,000 bales to speculators and 5,760 bales to exporterm e market opened buoyant, with au advancing tendency, bat subsequently became very dull, closing with a decline of 44d. «1d, on American, and 34d. a 13gd. on other de scriptions. Middling Orleans ‘s quoted at 28 34d.; mid- dling uplands, 28d. ; fair, 20d. Other descriptions are nominal. The sales to-day (Friday) were 4,000 bales, the market closing dull and unchanged. The stock in port fe 589,000 bales, including 68,000 bales of American. Breaverorre.—The market is very dull. Provisiovs.—The market is steady, Butter hae downward tendency. | ' Quick Rox yom Newnenn To New Yorx.—On Tuem> day last the George Leary reached this port in twenty- four hours from City Point. On the samo day the United States transport General Meigs arrived from Newbern, having made the run in fifty-fve hours, The time of Doth veesels is unprecedent-d. In enterprise ‘and in courtesy Captains Blakeman and Watson are like their vessels in specd, unrivalled. Laer Wean ov tom Maxacense.—Van Amburgh’s very fine and complete menagerie, for some time past oxhibit- ing on Broadway, wilt take ite departure to other re,jome ‘at the clove of this week, never to return, unless it comee ‘back to form a portion of the zoological gardens whiet ‘we are yet to have in the Park, in which event we tr ct the Park directors will engage the services of perm. + properly trained to take care ofthe aniimals, as they -@ in the zoological collections in London and Parl, Th collection of animals comprises a large variety of tare wppocimens, and should not be permitted to lave Nee ‘ork, Every one in the city has seen it. ° Court Catendar— Surrexe Cocrt—Cn Part 2.—Court opens at o'clock A, M, Now, 481, 443, 821, TIT, 1018, 1454, 1247, 1471, 1473, 1479, 1481, 1483, 1435, 1459, 4h. . 1496) 1497, 1499." Part 2.—Court open av 'te fn 1030, 990, 11 A 1059, 1344, 1946, 1.00, 1364, 1956. Scranton Cocnt—Trar Taem—Part 1.—Now 4987, 304054, 4887, 4979, 4081, 4019, 48%, 4883, 5705, Dh, 6017, BO11, 4905, 98054." Part 2.—Nos, ‘A428, 1150, 6 4444, 3190, 4972, 4078, 6004, 696, 4626, If}, 4870, +400, COMMON Pimas.—Part 1.—Nos. 762, Rod, 638, 892, 621, his Day. 680, 414, 887, 889, 898, 84%, "787, 676, | Part 2 re Bh ooani, 672, 200, 104, “Yo, 788, 489, 601, 70%