Cljt c'cO`tss. TUESDAY, FEBRUARY 4, 1862. EXTRACT FROM THE LAST SPEECH OF STEPHEN A. DOUGLAS.— ,, The conspiracy to break up the Union is a fact now known to ell. Armies are being raised, and war levied to accomplish it. There can be but two sides io the controversy. Every man must be on the side of the United States or against H. There can be no neutrals in this war. There can be none bat patriots and traitors." WE beg leave to announce to our friends and Tatrons, and especially to those interested in this newspaper as an advertising medium, that The :Press now circulates four thousand five hundred 'Copies daily in the city of Washington. The new railroad arrangement enables us to deliver the paper to our subscribers in that city before noon of the day of publication. Philadelphia is ndw so near Washington in point of time that merchants and business men will see the advantages our journal possesses for presenting their claims to the citizens and tradesmen of the capital. THE LATEST WAR VIEWS The active preparations now being made at Cairo indicate that an early advance of our troops will take place from that point. In the Cairo district there are now about 40,000 troops, and the number is increasing two or three thousand every day. A large column is being concentrated at Smithland at the mouth of the Ctunberhutd river, but for what reason cannot be conjectured, except it be for the purpose of making a movement up the Cumberland river. One of the principal drawbacks that formerly retarded an advance from Cairo, was the scarcity of competent men to work the gunboats and mortar fleet. But we aro glad to learn that Commodore Foote is increasing his force every day by competent men, and be fore long his required complement will be filled. A large number of mortars to be used on the fleet are now at Cairo, and eleven thousand and four hundred thirteen.inch mortar shells are on their way to the same point. The fleet will be under the command of Commodore Foote. The mortar fleet will be commanded by Captain Constable, who was attached to a similar expedition in the British service during the Crimean war. It is probable that General Ifalleck will command the troops, and be seconded by Generals Grant, McClernand, Paine, and others. Before many days elapse we hope to hear of the utter crushing out of the rebellion in Missouri. With the exception of Jeff Thompson in the south east, and Gen. Price, with about 10,000 men, at Springfield, no organized bands of rebels now exist to the State. The stringent punishments of Gen- Halleck have put an end to bridge-burning, and the murdering of peaceable Union people and lonely pickets is of rare occurrence. Theexpedi tion that was sent out to capture Jeff Thorny'. son, it is tete, has returned, but for the make of humanity we hope that the " Marion of the West," as he delights to call himself, will not be allowed to commit any mere murders and depreda tions on the lives and property of those who do not sympathize with the rebels. A few weeks ago Gen. Thalia wrote to Gen. Hunter that Gen. Price and his rebel horde muse forever leave the border of Missouri. Gen. Hal leek is now about to carry out his threat. He has despatched large expeditions, under able com manders, from different portions of Missouri ; and a telegraph despatch informs us that they are concentrating at Lebanon. As Lebanon is only about fifty miles north of Springfield, where Price is now stationed, it is supposed that the rebel general will either have to retreat into Arkansas or be captured by our forces. It is currently reported in St. Louis that Gen. Fremont will shortly be tried by a court martial, in that pity. It is thought that Gen. Mcliinstry, chief quartermaster under Gen. Fremont, will be tried about the same time. The steamship Bavaria, which arrived at New York last week from Hamburg, brought an un usually heavy cargo of merchandise, and nearly two thousand cases of arms and other war material. These cases contain four thousand sabres and over forty-five thousand stand of firearms, besides equip. merits of various descriptions, and samples of arms, which enterprising manufacturers are sending here with a view of effecting sales. A large proportion of the arms in the hands of our troops—especially the guns bought by the agents of the different States for this market—are of German manufac ture, and were brought to New York in German steamers almost exclusively. Most of the brigadier generals and colonels en gaged in the late battle at Mill Springs, Kentucky, have made their official reports to lien. Thomas. They all bear testimony to the bravery and superi ority of 'our troops over those of the rebel army. Gen. McCook in his report states that at one time the contest between the enemy and the Federal troops was almost hand to hand, and that the second Minnesota and the rebels were poking their guns through the same fence at each other. Describing the gallant bayonet eharge of his own regiment, Gen. McCook says : g Seeing the superior number of the enemy and their bravery, I concluded the best mode of set tling the contest was to order the Ninth Ohio to charge the enemy's position with the bayonet, and torn his left Rank. 4. The order was gmaz the sc 7 imemt to cmpty their eavt , and .fia! hiiyonet.§. This done, it was ordered to charge. Every man syrang to it with alacrity and vociferous cheer ing. The enemy seemingly prepared to resist it, but before the regiment reached him the lines com menced to give way—but few of them stood, perhaps ten or twelve. This broke the enemy's flank, and tbe'whole line gave way in great coal], son, and the whole turned into a perfect rout, As aeon-as I could form the regiments of my bri gade, I pursued the enemy to the hospital, when we joined the advance." Lieut. Col. Kise, of the Tenth Indiana Regiment, reports that his regiment captured three stand of rebel colors, while their own colors, presented to them by the ladies of Lafayette, (Indiana), and carried by the regiment through the batt e of Rich Idountain, were literally torn into shreds by, the bullets of the rebels. Among the large amount of correspondence found in General Zollicoffer's camp after the late battle sere enough ofrionflotters to juetify the belief that the Union sentiment of East Tennessee is still strong ; and, although it may be for the present sup pressed, it will, on the first appearance of aid from the Union troops, break forth in powerful de auenstrations. On October 28, Colonel Wood, com manding rebel troops at Knoxville, wrote to Zorn-- coffer as follows : ci The news of your falling back to Cumberland Ford has bad the effect of developing a feeling that bas only been kept under by the presence of troops. It was plainly visible that the Union men were so glad that they could hardly repress an open expression of their joy. This afternoon it assumed an open cparacter, and some eight or ten of the bullies, or leaders, made an attack on some of my men, near the Lamar House, and seriously wound ed several. The Southernerelhere are considerably alarmed, believing that there zs a preconerrted plaza fora united movement among, the Union Imen,if by _any means the enemy should get into Tennessee." Again, Col. Wood writing under date of Novem ber 1, said I do not believe that the Unionists are in the least reconciled to the (rebel) Government, but, on the contrary, are as hostile to it as the people of Ohio, and will be ready to take up arms as soon as they believe the Lincoln forces are near enough to sustain them." On the 10th of November, Major Slosson, com manding the rebels, at Lowden, Tenn., wrote to Colonel Wood as follows : g‘ The Union feeling of this county is exceedingly bitter, and all they want, in my opinion, to induce II general uprising is encouragement from the Lincoln armies. They have a great many arms, and are actually manufacturing Union Jugs to receive the refugee Tennesseans when they re turn. They are getting bold enough." Zollicoller, on the 12th of November, responded to all these letters by ordering the rebel force, thou stationed in the districts where the Union feeling -was prevalent, to disarm all of the Union men. :But, before carrying out this order, Colonel Wood, -en the 20th of November, wrote to Attorney Gene ral Benjamin for instructions, and, in the course of -his letter, be said : fi gtAt one time, while our forces were at Knoxville, they [the Union men] gave it out that a great change had taken place in East Tennessee, and that the people were becoming loyal [to the rebel Government. I At the withdrawal of the army from here to the Crap, and the first intimation of the up preach of the Lincoln army, they were in arms, and scarcely a man but was ready to join it and make war upon us. The prisoners we have tell us that they had every assurance that the ene my was already in the State, and would join them-in a few days. I have to requestat least that the prisoners I have taken be held, if not as trai tors, as prisoners of war. To release them is ruin ous. To convict them before a court as next to impossibility." On the 25th of November, the rebel Attorney lienjamin, replied mi follows to Colonel Wood: "Your report of the 20th inst. is received, and I now proceed to give Ton the desired instructions in relation to the prisoners taken by you among the traitors of East Tennessee : "First. All such as can bwidentified in having been engaged in bridge , busaing are to be tried 47Mignortiy, by drum-head eourt-martial, and, if found guilty, executed on the spot, by hanging. It would be well to leave their bodies hanging an the vicinity of the burnt bridges. "Second. All such as have not been so engaged are to be treated as prisoners of war, and sent with an armed guard to Tuscaloosa, Alabama, there to lie kept imprisoned at the depot selected by the Government for prisoners of war. " Whenever you can discover that arms are con centrated by these traitors, you will send out de tachments, search for, and seize the arms. In no case is one of the men known to have bean up in arms against the Government to be released on any pledge or oath of allegiance. The time for such measures is past. They are all to be held as pri soners of war, and held in jail till the end of the war. Such as come in voluntarily, take the oath of allegiance, and surrender their arms, are alone to be treated with leniency. " Your vigilant execution of these orders is earnestly urged by the Government." The Election in Lancaster. An important municipal election will be held to-day in the city of Lancaster_ The opposing candidates for Mayor are Dr. 1 1. . TRICK CASSIDAY, and the present GEORGE SANDERSON. The former is a leading physician—a very useful and patriotic citizen, and a thoroughly loyal man. In the late Pre sidential contest he was a straight-forward Tiouglas Democrat. Prom the commencement of the present Rebellion, up to this time, he has earnestly sustained the efforts tnade to crush it. Faithful fo all his obligations as a citizen, he has taken an fictive part in credita bly discharging the duties of honorary local of flees, and in defending the Republic against the assaults of its open and insidious foes. He bas been proposed as a candidate for Mayor now through no personal agency or solicita tion, but simply as the representative of the loyal sentiments of his fellow-citizens. His antagonist, GEORGE SANDERSON, is the editor of the Lancaster Intelligencer, a close adhe rent of the Pennsylvania Breckinridge school of politicians, who place party above country., and while loud in his professions of devotion to the Union, lie avails himself of all the op portunities he can conveniently and safely em brace to assail its defenders. Now that an election is approaching, he declares that he is " sincerely desirous of sustaining the national Administration in its herculean and legitimate efforts to conquer the rebellion;" but ho has repeatedly published insidious attacks upon the Government, and approved and endorsed the proceedings of meetings, which either openly avowed or thinly veiled their sympa thy with treason. We await the result of the election with no little interest. In times like these, the indomitable spirit of our people should be displayed on every election ground, and in every contest, by the election of men whosealty is above suspicion, and whose patriotism is of an unquestionable stamp. The people of Lancaster should, in vindica tion of their own character, rebuke GEORGE SAMPERM, and they will find in Dr. CASSIDAT a true exponent of their sentiments. Gladstone—Moncrieff—Gilpin It is so unusual for British Parliamentarians to speak kindly of this country that considerable attention las been drawn by the London press to recent speeches by Mr. GLADSTONE, Mr. MoxentErr, and Mr. CHARLES GILPIN, in which an Anglo-American war is highly deprecated, and good wishes are expressed for the great cause of Freedom, and Unity, and good Govern ment, for which our army and navy are now in the field and on the waves. The most singular cir cumstance is, that all three speakers are official men. Mr. GLADSTONE, one of the ablest of English statesmen, is Chancellor of the Ex chequer and a Cabinet Minister ; Mr. Mort- CRIEFF is Lord Advocate (first law-officer) of Scotland g Mr. CHARLES GILPIN is Parlia mentary Secretary of the Poor Law Board. Mr. GLADSTONE spoke at Leith, near Edin burgh, and, having mentioned the great strug gle in which we are engaged, emphatically added : "I do not believe that, at the time when the convulsion commenced, there was one man in a thousand in this country who had any sentiment whatever towards the United States of America except a sentiment of affec tionate and sympathizing good will, (cheers,) or who felt anything but a desire that they might continue to go on and prosper, and to finish the work, whatever it may have been, which Providence had appointed them to do." Alluding to the surrender of Alms: and SLI DELL, he added : CC Let us form good auguries for the future from that which now stands among the records of the past;'let us hope that, whatever remains, or whatever may yet arise to be adjusted in those relations between the two countries, which afford a thousand points of contact everyday, and must neces sarily likewise afford OppOrflinlfies for colli. sion—let us hope that, in whatever may arise or remain to be adjusted, a spirit of brotherly concord may prevail ; and, together with a disposition to assert our, rights, we may be permitted to cherish a diaposition to interpret handsomely and liberally the acts and inten tions of others, and to avoid, if we can, aggra vating the frightful evils of the civil war in America by perhaps even greater evils—at any rate, enormous evils to what, though not a civil war would be next to a civil war—any conflict between America and England." Mr. MONCRIEFF, at Edinburgh, (which city he represents in Parliament,) spoke in the same vein—lamenting that the insolence of the British press had augmented the recent bad feeling between the two nations. ?dr. GILrIN treated his constituents at Northampton to a speech strongly in favor of the Federalists of the North, and strongly urged them, cc not on any account to give their consent to a premature and unnecessary ac knowledgment of the Southern States of Ame rica." Let us now add a few personal particulars about these three Palmerstonian officials who have thus publicly raised their voice in con demnation of the Ministerial' policy of in sulting and attacking the Government of Washington, of insulting our country and its people, and of recognizing the Southern rebels as an independent nationality. Tne religious element prevails strongly in the speeches, as it does in the lives, of these three gentlemen. Mr. GLADSTONE'S first publication was gained by a work, in two volumes, " The State in its Relations with the Church," published. in 1838, and this was followed up, two years later by his " Church Principles considered in their ResUlts." In 1845, he published a " Manual of Family Prayers from the Liturgy." He la bored for a long time under the suspicion of being inflicted with Puseyisaa, but though un doubtedly what is called a High Churchman, he has never gone farther. Ile is a man with deep religious convictions—trustful in faith, pure in life, and, unlike Lord SHAFTESBURY and other such Pharisaical professors, does not wear his religion in his sleeve. It is safe to assume that a strongly conscientious feeling urged Mr. GLADSTONE, in the teeth of the re cognized head of the Government, to de nounce, by decided implication, the in policy which had lately nearly caused war between England and the United States. Were GLADSTONE a man of less mark and ability than he is, PALMERS- Tax would probably have written him a curt note, immediately after reading his speech, suggesting the propriety of his leaving a Cabi net, of whose policy he disapproves. But the personal character of GLADSTONE is a but tress in the Cabinet of such 'a Premier as Pmainairrox c his powerful eloquence makes him the ministerial Cicero of the House of Commons, and his skill and resources as Min ister of Finance render him the only ministe, rial person who can meet the rapidly increas ing burdens and embarrassments of England— now with an annual expenditure several mil lions greater than her revenue. GLADSTONE, who has carefully eschewed any adhesion to what is called Liberalism, might accept the position of Chancellor of the Exchequer in - a Ministry of which the Earl of Derby, the Duke of Newcastle, or Lord STANLEY were the head. He is in the prime of life—fifty-three this year—and may one day, ere long, become Prime Minister of England.. PALMERSTON cannot quarrel with or dismiss him. Mr. MoNenixrr, Lord Advocate of Scotland, who has also spoken kindly of this Jountry, in its present crisis, is not only an eminent lawyer, but a ruling power in that great es tablishment, the Kirk of Scotland. Lord MONCRIEFF, his father, was a rival, ere he be came a Scottish Judge, Of CLERK, JEFFREY, COO:11ERN, CRANSTOUN, MURRAY, and other leading ornaments of the Scottish bar, and was also an Elder in the Scottish Church. His grandfather, the hey. Sir HENRY Alimentary, succeeded the famous Dr. ERSKINE in the chieftainship of the 1% party of the Scottish Church. It was impossible for the Lord Ad vocate, as a religious man, to sanction, even by his silence, the recent outrages cast upon the American people by the British Ca binet and its Myrmidons of the London press. By speaking his mind, as he has done, he may lose his office—though we doubt whether PALMERSTON dare offend Scotland bY missing him—but he has done his duty, as a Uhristian man. Mr. CHARLES GILrIN, who has been only a few years in Parliament, is a self-made man, with great tact, much general information, and considerable readiness as a fluent and forcible speaker. He was formerly a book publisher in London, and retired nine years ago on a competency. Tim reason of his de nouncing any British acknowledgment of a Southern Republic, is very simple. He is a Quaker, and Anti-Slavery has long been a ruling principle of the members of that per suasion. Mr. Gitrm is nephew to the lato TosErn &MIME, of Birmingham, well known in this country. It is not improbable that his adherence to principle will cause his dis missal from office. But Mr. Gmfmv is not the man to be frightened from performance of his duty, by any SOMA consideration what ever. LETTER FROM " OCCASIONAL." WASHINGTON, Feb. 3, 1862. cc I trust nothing will be said, and nothing will be thought, in this country, about pro 'dot's questions, and the old controversies with the Americans." These are the words of the Right Honorable William E. Gladstone, the English Chancellor of the Exchequer, and I wish they could be read by every American patriot in the land. In this sentiment, from one of England's most accomplished and illus trious statesmen, we can find the assurance of good feeling on the part of the English people; for Mr. Gladstone is too shrewd a statesman, and, With power and position depending upon the attitude he may present to the coming Parliament, lie is certainly too cautious a poli- PM any course of policy adverse to the English feeling, or even to an ticipate too early the temper of the House of Commons. There is no possible good to ,he accomplished by the senseless clamor now• prevailing in some quarters for a war with Europe—and, espe cially, in some of the most influential of tho newspaper press. The newspaper men are the practical statesmen of the age, and they should not, in this grave lquestion, be guided by their old prejudices in dealing with England and English afrairs. They should be moderated by the fact that the settlement of our recent difficulty in regard to Mason and Slidell has been hailed with joy, by England and France, and, indeed, by the whole civilized world. I confess I have no patience with those news paper writers who manifest such a disposition to keep alive the embers of discord. Peace is proffered to this country by the leading men of England ; the heart of the people throbs for peace ; the hand of the people holds the olive branch, and nothing but a spirit of thult-finding —I might say a spirit of malignity—inspires those who reply to them with scorn and acri mony. The despatches of Lord Russell breathe the loftiest and noblest spirit of huma nity, and if The Times, and if the class it re presents, have not accepted this settlement in the right sense, their bitterness results from disaPpointment. All this clamor about the cc stone blockade" proceeds from stockbrokers who desire to affect consols and American se curities, and from Liverpool shipowners who desire to evade the blockade, and carry on a contraband trade with the South. 'With the knowledge that an attempt to interfere with the blockade would render war with England inevitable, and that no results could come from such interference but a war in which England would lose more than the price of a dozen cotton crops—a war in which she would have the sympathies of the world against her, as being in the wrong—a w•ar which would preci pitate ruin upon all those vast interests in which England and America are so closely allied—a W a r from which nothing could be gained for national honor, and, certainly, nothing in the way of prestige. or aggrandize ment—there is no probable fear of a contest arising out of any of the issues now existing between the two nations. The Government of England is too glad to have escaped the Treat complication to fashion a war out of this Southern blockade. We know that the existence of a blockade is an unfortunate circumstance for English com merce, but it is a necessity of war, and Eng land is not the only sufferer. If there is ruin in Liverpool from a Southern blockade, there is likewise ruin in New York. It falls on Manchester, and it falls on Philadelphia. If we could conquer a rebellion and give England cotton, we would do so, but Coitoii and every staple that blossoms on the Southern soil must fall before the great duty now meeting the American people. There. is, again, no way to re-open the cotton trade permanently but to permit the North to carry on its war of con quest, and to aid that war by ita blockading squadrons. With all our armies upon the Southern coast, and with McClellan ready to precipitate the tide of war so soon to deluge in a resistless sea the land of the traitors, Eng lish commerce with the South would be ex pensive, annoying, and unprofitable. England may desire a recognition of the Southern Con federacy if it can be accomplished in a peace ful manner by her diplomatic interference; but as such a thing is impossible, she desires, as the next alternative, the speedy and tho rough subjugation of the Southern States. And so in the work of subjugation, she will have rib liAoti t 4 Our policy toward England is, of necessity, pacific and conciliatory. We must affect Eng lish public sentiment. We must build up in England a party of peace, in France a party of sympathy. We have now the ear of the Eu ropean world, and by proper and vigorous management on the part of the Government and its representatives abroad; by the exercise of patience, kindness, and forbearance, we may win the sympathy of the European world. The recent intensity of feeling growing out of the Trent affair has brought our case home to thousands who hardly knew America was in existence, and certainly did not know she was in a war for existence. It is true that their familiarity has been associated with an insulted flag and threatened war, but we gain their good feeling by the magnanimity with which we acknowledged the honor of their flag,. and obviated the war they had so much reason to dread. Our duty is now to cultivate the kind feeling of the people of the Old World. We must hold up to them the wickedness and treachery of the lehders of the great rebellion. We must, above all, say to them, that if they hope to have an asylum in America, as their brothers and children have had ; if they hope to enjoy liberty and protection, such as has never been enjoyed under any other Govern ment existing; if they desire to see the great Republic a successful experiment, and to en joy the blessings its success will surely bring, they must frown upon all who attempt to fos ter Secession by foreign interference, and op pose any statesman, or the suggestion of any statesman, that looks to a recognition of the seceded States. OCCASION/L. Give a dog a bad name, saith the proverb, and you may hang him. Punch has put a mortal insult upon "the so-called Southern Confederacy," by publishing some dog-verse in which the name of Mr. SLIDELL is made to rhyme to—fiddle. What apology can atone for this? Fancy Mr. SLIDDLE in a court-dress at St. James's or the Tuileries! A remora,- appeared in our special despatches from Washington, on Saturday, which, we learn, did injustice to Major lielger, the United States quartermaster at Baltimore. Notwithstanding the complaints of interested parties, we are assured that he has labored bard to serve the interests of the Government, and that he has made great exertions to obtain forage on the best terms it can be pur chased. A supplementary mail fol . the steamer Europa, which leaves Boston on the sth, will be made up -at the Philadelphia Post Office at 12 o'clock today. LARGE POSITIVE SALE OF BOOTS AND SHOES, Buttons, VALI32S, ARMY CAPS, &C.—The early attention of purchasers is requested to the large assortment of boots, shoes, brogans, travelling va lises, rubber shoes and sandals, ac.; also, a large invoice of blue army caps, and tho stock of shoes, Ate., of a city dealer, embracing first-class seasona ble goods, of city and Eastern manufacture, to be peremptorily sold, by catalogue, for cash, com mencing this morning, at 10 o'clock, by J. B. Myers .t Co., auctioneers, Nos. 232 and 231 Market street. • SALE OF STOCKS AND REAL ESTATE to-day, at 12 o'clock, at the Exchange. See Thomas A.; Sons' pamphlet eatalognes and advertisements. NOT Ants TO Ann.—The jury in the case of Husband and others, charged with conspiracy, bad not yet returned a verdict up to the hour of the adjournment of the court yesterday afternoon. The delay will cause a considerable`expense to the county, each juror being ?Hewed the sum of one dollar per day for his services. They are obliged, however, to pay their own board and other ex peOfell. THE PRESS.-PHILADELPHIA, TUESDAY, FEBRUARY 4, 1862. If the British Government could have had any doubt of the sincerity of Mr. SEWARD'S professions of friendship to England, it must have been dissipated, ere this, by his gene rous policy of permitting the passage of British troops through Maine into Canada. Ife properly justifies this permission on the grounds of polity and humanity. It accords with the practice of which the comity of na tions has afforded numerous examples, and it is an exercise of humanity, inasmuch as it saves the troops in question the danger, delay, and difficulty of a transit by a worse route, in an inclement season. It shows, also, not merely chivalrous generosity to a people with whom wo have many things in public, but a thorough reliance on ourselves. We can afford to be generous to England, and we hope and believe that the noble motives of our handsome conduct in this case will be pro perly estimated by Queen ViteroatA. and her responsible advisers. It is utterly impossible, we think, that our genes in this matter can be attributed to the mean influence of fear—which, the Times says, and not our yielding to what was strictly legal, in the affair of the Treat, caused the surrender of SLIDELL and MASON! The entente cordiale between the two coun tries, now happily restored, would probably be permanent if Lord RUSSELL was as single minded and as conciliatory as Lord LYONS has shown himself in the difficult and delicate po sition, with relation to our Government, in which he has lately been placed. He appears to have met Mr. SEwARD with tact, temper, and discretion, and to have been met by him with equal good feeling and kidgment. It is gratifying to be able to bear this public testi mony in favor of both oficials. A few days ago, we examined a beautlful model of a breech loading cannon, now on view at the store of Messrs. WARNER MISKEY and MERRILL, 718 Chestnut street, the inven tion of MT. W. 0. B. MERRILL, of that firm. The whole matter is so simple that it possesses advantages over any other breech-loader that we have yet seen -- ; -The breech is readily thrown back to take the load, and as readily dropped back into place, and - is made secure by a screw and crank. The trial of the work ing model was most satisfactory, fifty.eight shots having been fired in thirteen minutes. The simplicity of this cannon should ensure its introduction into general use at once, and we hope Mr. lifsaarra. will set himself about constructing one on a large scale to test its usefulness in absolute war. As a field-piece, its superiority is obvious. LATEST NEWS PROM WASHINGTON. WASHINGTON, February 3. A Flag of Truce from the Rebel General A flag of truce from Generi4-Jouiverow reached the outposts of General McDowELL's division yes terday. The despatches were brought by Colonel HARRISON, of, the Second Virginia Cavalry. Ile was permitted to proceed no farther. The sealed communication was brought to headquarters here by Captain DRAVILLAND. The contents have not transpired. (lateral STONE will return to his command on the Upper Potomac to-morrow. Reports from Burnside's Expedition— Firing heard in the direction of Beau. fort, N. C., and Roanoke Island. The following communication has been received at the Navy Department from Capt. John Foretop, dated U. S. STEAMER ROANOKE, Hampton Roads, Feb. 1. SIR: I hays the 110A0r to report to you the ar rival, during the past night, of the bark Gembock, from Beaufort, N. C. Capt. Cavendy informs me that on Tuesday, the 20th ult., he heard firing in the may of Beaufort, but bas no conjecture from whom it" proceeded. Capt. Cavendy also reports.that on Thursday, the 30th ult., at nine o'clock in the morning, while off Roanoke Inlet, he heard firing in the direction of Roanoke Island—leaving on mxtnind no doubt,that Flag-officer Goldsborongh is at work. • Miscellandows. o •••- The Republican of this minding states that Gen. LANE left here with an understanding that he was to have a separate and independent command, and that he is so offended by recent developments that he is on his way back to Washington ; The new hospitals for the use of the army here are now finished. Two or "three New England Governors are here, and are understood to be watching over the bate; rests of the troops from their respective States. The representatives of the telegraph interests, now hero, have suggested to the Committee of Ways and Means their readiness to pay a tax on their menages, and thus contribute to the support of the Goiernment. The chairman of the Committee of Ways and Means, Mr. STEVENS, will endeavor to bring the House to a vote on tho treasury note bill on Thurs day. The speech of Mr. Boma, in the House to-day, was listened to with marked attention, it being con sidered a clear exposition ofthe views of the Trea sury Department on the financial question. The Secretary of the Treasury, in a letter to the committee, says that the general provisions of the bill seem well adapted to the end proposed ; that the provision making the ROM a legal tender was, doubtless, well considered by the committee, and their reflections had conducted him to the same conclusion. He felt great fears as to making any thing but gold and silver a legal tender, but, owing to the large expenditures and the bank suspensions, the provision is indispensable. The Secretary has suggested amendments providing against counter feiting, and directing the manner in which the notes are to be executed. The Secretary addressed a note to Mr. SPAULDING to-day, in which he says immediate action is of great importance. The treasury is nearly empty. I have been obliged to draw for the last instalment of the November loan. So soon as it is paid, I fear that the banks, gene rally, will refuse to receive the United States notes. You will see the necessity of urging the bill through without delay. An unaccountable error appears in yesterday's despatch. Instead of the privateers being released from Fort Lafayette, the order was to transfer them thither to the military authorities. APPROACH OF TWO UNITED STATES VESSELS TO THE TEXAN COAST. CAIRO, Feb. 3.—[Speoial to the Chicago Tri bunedL-A copy of the Memphis Appeal has been received here, which contains correspondence from Columbia, Texas, dated Jan. 20, Saying that " a bark and sohooner belonging to the Federate same near our coast, when they were fired upon by our forts. Both vessels returned the fire. They fired ten guns, while we sent them twenty-twe shells, when they retired, seemingly disabled, or satisfied that they could not win." Indications of Active Movements. STARTING OF THE SECOND EXPEDITION CAIRO, Feb. 3.—[Special to the Chicago Tri bunej—Twolve steamers, laden with troops, under charge of Commodore Graham, left here, at ten o'clock this morning, to join still larger forces at another point. The expedition has every indi cation of genuine active movements. The War in Kansas—The Loyal Indians. LEAVENWORTH, Feb. 3.--Commissioner Win. P. Dole had an interview on Saturdaywith the various Indian chiefs, including the loyal Creeks and Se minoles. The Commissioner promised to aid the loyal Indians against the rebels, and the chiefs agreed to take the field with their warriors. Cole. Deitzler, of the Kangas First, and Jennison, of the Seventh Regiment, have been appointed acting brigadier generals. The friends of Gen. Lane declare that he will "enter the military serTiee it' he has to eerie AS a private. NEW YORK, Feb. 3.—The steamer Baltimore, from Baltiworo, was spoken on Jununry 6, lat. 33 deg., lon. 76 deg., steering southwest. Arrival el the Steamer Stella. NEw Yonx, Feb. 3.—The stems/el - Stella. arrived this morning from Havre. The Gunboat Santiago de Cuba. Naw YORK, Feb. 3.—The gunboat. Santiago de Cuba was at Matanzas January 31. All well. NEW YORK, Feb. 3.—The steamer Northern Light, from Aspinwall, WM signalled below °soy this evening, but will probably be detained below, in consequence of the snow storm Attempted Suicide of a United States TOLEDO, Ohio, Feb. 3.—Lieutenant Waterman, U. B. A., shot himself on the let inst., In this city, inflicting, it ie supposed a mortal wound. Passage of British Troops Merrill's Cannon BY TELEGRAPH. Special Despatches to “The Prois." Johnston Correction FROM TEXAS. THEY ARE DRIVEN OFF BY THE FORTS. FROM CAIRO. The Steamer Baltimore Spoken. The Steamer Northern Light. Officer THE WAR IN MISSOURI. A Regular Counterblast Againet Disloyalty in the College, On 'Change, in the Pulpit, and in the Workshop. Tlrrox, Feb. 2.—The division under Gen. Davis has been much retarded by bad roads and swollen streams. The wagons and artillery have sunk aile deep. " Big Graveas," a stream ordinarily unim portant, was swollen beyond its banks, and occu pied two days in crossing. A sharp frost haying set in on Thursday night, the roads will now sup- port the trains, and if unimpeded by further obsta cles, the column will advance rapidly. Gen. Prentiss, with his command, is advancing on Lebanon, to combine with the forces under Gen. Davis. Price, though so formidably menaced, shows no tligns of falling back, 4114 from prosont appo4r4noor, seems determined to give battle. Should he main tain his position, within two weeks Springtleld will be the theatre of another bloody contest such as has made that devoted place famous in the history of the war in Minoan. SEDALIA, Feb. 3.—A commission, appointed for the purpose, by General Pope, has been sifting the regiments at this point, and discharging all unit 4 for the service. A column moved off to-day, under Colonel J. A. Fuller of the Twenty-seventh Ohio. The telegram announcing the promotion of Col. Frank Steel to the rank of brigadier general has been received with great satisfaction by all the troops here. They believe him to be prompt, safe, and brave, and will follow him, on the march or in the field, with great confidence and alacrity. Rumored Reinforcement of the Rebel RoLLA, (M 0.,) Feb. 2.—Reliable information from Lebanon says that Gen. Curtis is now in that place, and the number of troops there is constantly increasing. It is doubtless his intention to remain at that place till all his forces arrive, which will be several days yet, as some of them have not started. A considerable number of them are under orders to march this morning, and, probably, within two or three days, all that are going will have departed. The roads between this place and Lebanon are almost impassable. Fifty teams aro said to be on this side of the Gasconade river, waiting for the water to subside. There is a rumor, but not generally believed, that Price has recently been reinforced by 12,000 Con federate troops from Arkansas, and is preparing to give our army a hard fight. The Third Missouri Cavalry are now nearly all here, but one or two companies remain to conie up. This regiment is to be attached to General 'Sigel's division. Another Order from Gen. lialleek. Sr. Loris, Feb. 3.—The following general order will be issued in the morning : BEAnou.swrsierts OF TIM DErk'RTMENT OF MISSOZRI, Sr. LOUIS, Feb. 4. The `eresident, professors, curators, and other of fieer's of the University of Missouri, arerequired to t;..ae and subscribe to the oath of allegiance pre. set-WA by the sixth artioleof the State ordinance of October 16, 1861, to file the same in the office of the Provost Marshal General in this city. Those who fail to comply with this order within the pe riod of thirty days will be considered as having resigned their respective offices, and if any one who so fails shall thereafter attempt to obtain pay or perform the functions of such office he will be tried and punished for military offence. This institution having been endowed by the Government of the United States, its funds should not be used to teach treason or to instruct traitors. The authorities of the University should therefore expel from its walls all persons who, by word or deed, favor, as sist, or abet the rebellion. The reeldents and directors of all railroad com panies in this State will be required to take and subscribe to the oath of allegiance in the form, within the time, and under the penalties prescribed in the preceeding paragraph. They will also be re quired to file bonds for such sums as may be desig nated by the Provost Marshal General that they will empl . y no conductors, engineers, station mils ters, or other officers, agents, or employees, who have not taken the oath of allegiance, and who are not loyal to the Union. No ootitracte will hereafter be made by quarter masters or commissaries in this department with persons who do not take and subscribe to an oath of allegiance similar to that prescribed by the act of Congress, approved August 6th, 1361. Purchasing officers are prohibited from making purchases of persons of known disloyalty to the Government. Where articles, necessary for the public service, are held only by disloyal persons, and cannot be purchased of Union men, the fact will be reported to these headquarters, when the proper instructions will be given. All clerks. agents, and civil employees in the service of the United States in the department, will be required to take and subscribe to the oath prescribed by the aforesaid act of Congress. The attention of all military officers is called to this order, and any one who shall hereafter keep in the Government employment persons who fail to. take the said oath of allegiance, or who announce and !advocate disloyalty to tho Union, will be ar rested and tried for disobedience of orders. t is recommended that all clergymen, professors, and teachers, and all officers of public and private institutions for education or benevolence, and all engaged in busineps and trade, who are in favor of the perpetuation of the Union, voluntarily subscribe and file the oath of allegiance prescribed by the State ordinance, in order that their patriotism may be known and recognized, and that they may l distinguished from those who wish to encourage re bellion, and to prevent the Government from re storing peace and prosperity to this city and State. By order of Major General HOW& [Signed] N. It. McLEAtr, Assistant Adjutant General. From San Francisco—Wreek of the Ship Flying Dragon. SAN FRANCISCO, Jan. 30.—The ship Flying Dragon, of Boston, arrived last night from Sy d ney, run on the rocks after entering the harbor, and was totally wrecked. Her cargo, consisting of 1,000 tons of coal, is all lost. The wreck was sold to-day for $BOO. ARRIVED—Ship Dictator, from Hong Kong; ship Elizabeth Cushing, from Manila; ship Electric Spark, from Boston ; ship Neptune's Favorite, from New York. Sailed, ship R. B. Forbes. for Shanghae. SAN. FRANCISCO, Jan. 31.—The weather is again pleasant. Three-fourths of Sacramento is now out of water. ARRIVED—Ship West Wind, from Boston; ship Mary Whiteside. from Hong Kong. Sailed, ship Storm King, for Hong Kong; ship Neptune's Car, for New York. SAN FlLAl4eigoo, Feb_ I.—The steamer Gohlw. .Gate sailed today for Panama, carrying one hun dred passengers and $750,000 in treasure for New York, and $300,000 for England. R. D. W. Davis, auctioneer, failed today for $50,000. No assets. Arrived, bark Benefactor, from Hong Kong In Search of thP Sumpter BOSTON, Feb. 3.—The new gunboat liearsa.,n.e has sailed from Portsmouth in search of the pirate Sumpter. Several vessels are loading at this port with horses and munitions of war for General Butler's expedition, and are expected to sail during the present week. They will soon be followed by the Eighth New!Rampshire Regiment and other troops. Sudden Death of Professor Lamed, of Yale College. NEW HAVEN, Conn., Feb. 3.—William A. Lar ned, a professor in Yale College, fell dead, in a fit, in the street this evening. ELECTION OF HEAD OF DEPARTMENT.—NOW that our City Councilefittyo got into working order, we may expect them soon to elect the heads of the various city departments. This step is expected to be taken during the present week, but may be postponed. The following prog ramme , we are in formed, has been determined on by the ruling party: The Chief Engineership of the Water Works will be given to Mr. Immo S. Casein, an assistant engineer in the setae det Urtbseiit to Mt. Ogden, who is the formar's principal competitor. Mr. Fagan, who was likewiselan assistant of Ogden's, is another can didate for the same post. A Mr. Harrington an nounced himself in the early part of the canvass, but has since withdrawn. Wm. J. Phillips, DN., the present Superintendent of the Police ad Fire Alarm Telegraph, will be re-elected, there being no opposition worthy of note. The contest for Chief Commissioner of Highways lies between Messrs. Schofield and Clery, and Ex-Congressman Landy. Schofield was at one time Select Council man from his ward. Clary was recently a candi date for the nomination of his party for Register of Wills. For Superintendent of the Girard Estate,esse Johnson and Francis McCormick arc the principal candidates. The former was stamp agent in the post office, and the latter an inspector or clerk in the custom house, and lately clerk in the Building Inspectors' office. The agency of the Girard Estate will, it is thought, be awarded to Mr. H. F. Kennedy. He has never, we believe, held any office. His principal opponents are Colonel R. R. Young, who has held offices in the custom house and gas office, on the State road, in the quarter masters department since the rebellion, and else where; and Mr. Winship, late deputy surveyor in the custom house under the BuChansn Administra tion. Mr. Young was a candidate for the nomina tion for Assembly fall ; the former for Recorder of Deeds, Senate, &c., at various times. For Assistant Commissioners of Highways there are a host of candidates. Messrs. John kelsh and Wm. N. King, down town, and Messrs. Patrick MeAntee and J. J. Morrison, up town, appisar most prominently. Kelsh and MeAotee were supervisors under Mayor g'aus's Administration— the former of tte Fifth and the latter of the Twentieth ward. Mr. King was a member of the late. Common Council, and Morrison was a candi date for Register of Wills before the last Demo. cratic Convention. The superintendency of the City Railroad will probably be given either to ex• Councilman Hazel or Jesse T. Vogdes, late master joiner in the navy yard, and a member of Common Council some years ago. Mr. Vandegrift, of Ninth ward, and Alderman West are also aspirants for the same place. The cautlidetee for tile Markel Department are too numerous to mention separately. None may be said to have much prominence. The canvass for the Department of City Property is nearly in the same condition. There is too great a contest for either to particularize. We find that the First, Fourth, Ninth, Four teenth, Eighteenth, Nineteenth, and Twenty-third wards have each one Democratic office-holder al ready ; the Fifth, Tenth, Sixteenth, Twenty-second, and Twentylourth, two each ; while tho Sixth, Eighth, Twenty-first, and Twenty-fifth present no candidates at all. Altogether the army of appli cants for offices under the new Councils is almost as large as the army on the Potomac. At each meeting of the Councils the lobbies and ante chamber are completely packed with applicants and their friends, much to the annoyance of the members, who are eontinually bored from morning till night. Of the host of applicants the majority are old office-holders, and Lt standing candidates" for all lucrative positions. TO BE REINSTATED.—We understapd that Captain Charles Alligood, of the Gray's Ferry Arsenal, will again assume the responsibility of his position, the charges made against him be l ying been satisfactorily shown to be grounaleas, XXIVIITH CARESS-FIRST SESSION, WASHINGTON, Feb. 3, 1802 SENATE. Resolutions Presented. Mr. WADE (Rep.), of Ohio, presented themint reso lution instructing the members of Congress from that State to use their efforts to secure such an amendment to the naturalization laws as te grant the naturalization of persons of foreign birth who eorvo in the army of the Unite) Slates during the war. Referred. Also, a resolution for securing the location of the Na tional Armory within the limits of the State of Ohio. Mr. CHANDLER (Rep.), of Michigan, presented tho point resolution ut the Legislature of Michigan re- WARY to tho Governinont end hatred to traitors, and asking the Govornmont to speedily plitdown the insurrection ; favoring the confiscation of the pro perty of rebels, and asking that, an slavery wan the cause of the war, it be swept front the laud. Also, a joint resolution from the same hotly in relation to the frontier defences of the tlate of Michigan. Petitions Presented. Mr. SIJMNRIt (Rep.), of Illassachusetts, presented a petition of the president, professors, and . etudents at Harvard College, caking Congress not to diminish the number of chaplains in the army or reduce - choir sentries. Mr. LATHAM (Dela.), of California, presented the memorial of the Chamber of Commerce of San Francisco, asking the repeal of the revenue laws in regard to the preront warehousing sYstem. Referred. Mr. BAWDS (Rep.), of New York, presented the pe tition of thirteen hundred clthiene of Brooklyn, asking the employment of homeopathic surgeons in the army. Also, a petition from citizens of Northern New York, asking. Congress to take speedy measures for the repeal of the present reciprocity treaty. Mee, the reeelotiene of th. u- s imAtiwo of Nor York, asking a modification of the laws for raining revenue, so that the MICOUIIt to be raised by any State by any erode of taxation, except duties on imports, be rained by the State itself ; that each State be allowed to assume the amount and assess the payment of the same, and collect it according to their own laws and by their own officers. Referred. General Hunter's Expedition Mr. POMEROY (Rep.), of Kampala, ntierod fthithig the secretary of War for all the orders heated relative to the force in the military command of Kansas i whether the same be commanded by General Lane, and whether uny change has been made in the or ders since General Lane left the Senate to tyke charge, and VI hether the order of General Hunter (already pub tithed) is in accordance with the orders of the Depart ment here. Laid over. - The Canadian Reciprocity Treats Mr. CHANDLER (Rep.) offered a resolution that the Committee on Commerce be instrildtA to inquire into the expediency or immediately notifying Great Britain that the reciprocity treaty with Canada to not reciprocal, and shall be terminated at the earliest possible moment. Laid over. The Purchase of Cotton Seed. Mr. SIMMONS (Rep.), of Rholo Island, from the Committee on Patents, reported back the joint resolution appropriating $3,000 for the purchase of cotton seed for general distribution, with an :uneudntont appropriating 31,000 for the purchase of tobacco ceel. Mr. (1111.1.1 LE (Union), of Virginia, thought that cotton could not he made a profitable crop at the North, and moved to postpone the consideration of the resolution till January. Mr. POMEROY laid cotton had been robot in Kan sas, and he hoped the resolution would pass, as they had no seed there. Mr. PEARCE (fem.), of Maryland, was satiefiod.that cotton was not a profitable crop as far north as the south ern boundary of Maryland. Re had had some experi ence in raising cotton. Mr. trainee motion was rejected The amendment Of the committee was adopted, and the resolutioni passe& Miscellaneous, H;, ANTHONY (Rep ), of Rhode Island, offered a kosoiution that the Committee on Patonts be instructed to inquire into the expediency of making an appropriation to aid in experiments for the manufacture of flax as a substitute for cotton. Adopted. Mr. WILSON (Rep.), of Massachusetts, presented a petition from the merchants of Boston against any altera tion in the warehousing system. Pia FOOT (Rep.). of Vermont, celled up the reeolu tiOn direetin“ the removal of the army bakeries from Dm Capitol, and it was passed. Mr. JOHNSON (II.), of Tennessee, moved to take up the bill providing for the construction of military rail— roads in the States of Kentucky and Tennessee. Dis agreed to. Mr. COWAN (Rep.), of Pennsylvania, offered the joint resolution of the Legielature of Pennsylvania rela tive to the lake and river defences of that State. Re ferred. The Zonate then won't into exeoutfro ataraion, and sub. sequeutly adjourned. ROUSE OF REPRESENTATIVES. The Virginia Contested Election. Mr. UPTON (U.), of Virginia, offered a resolution that the C'ominittee on Elections be instructed to enns mon before them the conductor, and ono or more of the commissioners, who held the election at Ball's Orem loads, on rho 23d of May last, Its remarked that it would only be fair to him, whose seat was involved in this case, that this should be done, and it could occasion but little if any delay. The com mittee had fallen into a grave error. Dlr. DAWES (Rep.), of Massachusetts, replied that this rase was submitted to the committee in July last. The gentleman bad bad several hearings before the com mittee, and every opportunity was given him to submit any testimonyjie desired. During the session the ease Mel &set/mud enew form. Another gentlemen was here contesting the seat. They were both given a number of days in which to take testimony in such cases. They went on in the manner stated in the report, and what they did Ia a curiosity. The gentleman (Hr. Upton) took the depositions of those very persons he desired to be sum moned before the committee. If the gentleman wanted to procure testimony besides that which bad been taken and printed, the committee won't!, of course, oblige him. But there was no use of going over the same ground again. If, as ho remarked, the committee had !alien into a grave error, and if this was palpable, it would certainly be made known in the consideration of the question. Air. DELANO (Rep.), of Itfassachttetta, advocated the resolution. lie thought the request of the gentleman IN as a real.vhabk 9ne. _ Mr. WRIGHT (U.), of Mid that Mr. Tipton came from a dotriet of disloyal people in Virginia, and hence he appealed to Mr. Dawes• generosity to allow him further time to examine witnesses. Mr. DAWES replied that the committee were acting in a judicial character. They had heard the testimony of these two men once, and had no objections to hearing them again. The gentleman (Mr. Upton) only claimed ten votes, The committee 'Were willing to admit that ten persons voted for Lim at Ball's Crops Roads. Mr. UPTON. But you deny their validity. Mr DAWES replied that it was for the Muse to de termine whether, under the circumstance, and from the manner in which the votes were cast, it was a legal ction. Besides, there was a man waiting outside for the seat, who obtained seven times the number of votes Mr. Upton receirtd. Mr. DELANO reminded him that the gentleman who contests the sent magnet a candidate at the same election. Mr. DA ES knew this: but it appeared that a new election could be bold in . Virginia at any time. He further opposed the resolution, which was subsequently laid on the table. Alleged Mutinous Conduct of Illinois Troops Mr. LOVEJOY (Rep.), of Illinois, offered the follow ing Whereat, It hag 114eit asserted La +Ma Revive that five Illinois regimente did, on the occasion of learning the contents of the report of Secretary Cameron, lay down their arms in token of their refusal to fight: therefore, be it Respired, That the committee on the conduct of the war inquire into the alleged fact, and report to Congress. 111 r. FOUKB (Dem.), of Illinois, desiring to discuss the subject, it went over, under the rule. Post Office Business. On motion of Mr. BAKER Rep.), the following reso lution was adapted! a Resolved, That the Comm itee on the Post Office aid Pest Roads be requested to inquire into the propriety and expediency of establishing by law, a system for the free receipt and delivery, by postmen, of all mail matter in cities containing upwards of ten thousand inhabitants, in conformity with the admirable and economical post office system of the principal cities of Europe. The Defences of Washington. The House preeseded to not oil the Se.e.te 'amend ment to the House bill making an appropriation for com pleting the defences of Washington, and which amend ment provides that no volunteer or militia in any State shall be mustered into service on any grounds or condi tion and confined to service within the limits of any State or vicinity; and if any volunteers or militia have been thus mustered into service they shall be discharged. A running discussion followed, in which it was main tained on the one side that Rome Gllards were neCeS9MI in Missouri, Kentucky, and Maryland—official provision having already been made to that end; and on the other, that no troops had the right to ask for special privileges, but all should be placed on the same footing. among the speakers was Mr. THOMAS, (Union), of Maryland, who, in the course of his remarks, was sorry to say that there was a Secession element in the Border States which was only waiting for an opportunity to more plainly manifest its purposes. Although two-thirds of the people of Maryland were prepared to defend the Union, the reinalnder were ready, at aoy moment, to make a de monstration against it. Hence the importance of home troops, when the army thall march South, to keep dawn the element to which he had referred. Mr LOVEJOY (Rep.), of Illinois, said the object for which Mr. Thomas desired such home forces, was to guard the master in his unrighteous clutch on the nogro. He would not vote a dollar for such an infamous, iniqui tous, and devilish purpose. The army was not raised to keep mu in bondage and for screeching women to be lashed ()tithe naked back with the accursed thong. Mr. MALLORY OLT.), of Kentucky, rising to a ques tion of order, said it was unbecoming to denounce in such language an entire class of people of this country. It is, be repeated, unbecoming to the gentleman, and I arrest him in his remarks for ungentlemanly condnct. The SPEAKER said such remarks had heretofore been indulged in, but the gentleman had not been arrested in them when they were not personal in their character. Mr. THOMAS (U.) eald Mr. Lovejoy had ndoerably perverted his language when he intimated that he, Mr. Thomas, proposed a military organization in Maryland to prevent the slaves of that State from leaving their masters. He further explained, and said he himself, though of limited means, had purchased and manumitted eleven human being.. • The House finally disagreed to the above Senate tunendment by a rote of yeas 55, nays 30 The Treasury Note Bill. The House then went into Committee of the Whole on the state of the Union on the treasury-note bill. Mr. VALLANDIGHAM (Dew.), of .Ohio, made a speech on the subject. lie addressed the House at length in opposition to the bill, upon the ground that it proposed to make the notes a legal tender for all debts, public and private, and thus force a paper currency upon the country. He denied utterly the constitutionality of the proposition, but would not repeat the conclusive argument of his colleague (Mr. Pendletou) upon that point. He opposed it upon the grounds of sound political necessity, general policy, and economy. It would derange im.iness, corrupt the cur rency, and bring about general confusion-in all contracts and all commerce. It was unjust to force the payment of e ebts in paper which were contracted fur payment in specie. In effect, one promise to pay was to be made a legal tender in satisfaction of another promise to pay, awl a promise by the Government to pay in paper was to die eliarge the obligation of the ledividuel debtoe to pay his creditor in gold and silver. Again, the bill precedes where it ought to follow. The promise to tax would not give credit to these. 'Taxation ought to have gone before, but force, it seemed, was to take the place of taxation. The notes were payable, but in what Gold and silver and treasury notes. The Government had no gold and silver; therefore, a treasury note was to be made a legal tender, in satisfaction of another trot miry note, The bill was a forced loan in disguise, None but revolutionary Governments, or those in a far decline, or in imminent danger of immediate overthrow, and no king or potentate, except a usurper, had ever attempted the like. It WRS contrary to the plainest principles of political economy, and, if carried out and continued, would drive all gold and silver and bank paper outof cir culation. He objected that these notes, declared lawful money, were yet made payable, like bonds, at the plea. sure of the Government, the debtor, and also were to be received in payment of debts already existing, although they were, when contracted, payable in gold and silver. Mr. Vallandigham condemned also the change of the name contemplated by the trill from treasury notes to United States notes. Eighty-two treasury—note acts, referring to treasury notes, public and private, had been passed, but no oilier name cone given them except treasury notes He knew no other object for this; change unless it was to furnish a pet manent Government cur rency. The notes were, nevertheless, but Continental money. He objected further to the circular power to convert these notes into stocks and reissue them witsent limit, to be again converted into stocks; also; to the power to make certain of the binds payable in a foreign country and currency, and contended that it was partial and unjust. He spoke also of the fact that, in addition So the endless issue of stock under the &rat section, five hundred millions more of stocks were provided for by the second section. Watt the- whole of this to be but a foundation for the great na tional paper.mill of the Secretary of the Treasury Ile argued at length in support of his substitute. It depended solely on the credit of the ,fievernineat, supported by adequate taxation. Taxationvidd float eemewhat more of treasury notes that the amount of Governmentluee. Ho referred to the success of the plan in Not th Carolina in 1780, and of Russia in 1827. Them, notes would have an important advantage over bank paper, being receivable for Government dues, and it was not. The banks coeld not drive them ont of cir culation. The wiled:, theory of the plan was to provide a medium or currency between Government and its tax pay era and tax-consumers. lint, of Course, the notes would circulate also in private business, The substitute differs essentially from the original bill. The one relied on force, and the other on credit; the one looked to the coercion of law and artne—the other to the coercion of taxation ; the one would override the Coattltution—the other complied with it; the eav: eheetied justice awl political economy—the other recognized justice and conformed to the inexorable laws of trade; the one would create an unlimited, irredeemable depre ciated paper money, forced by fear of violence or confiscation on the whole people. lie proposed a volun tary and limited and temporary clirrellCY ler the 44041- ton] and debtors of the Government. The difference was radical. It was tho difference between the broad road and the narrow way. The Secretary had chosen the for mer, and death was at the and of it. Upon the principles of the latter he (Mr. Vallandigham) would cordially sup port any measure of finance necessary to maintain the credit and good faith of the Government. Othorwi.e, he would not vote to bring down upon the people the triple ruin of a forced currency, enormous taxation, and a pub. tic debt never to be extinguished. . - Mr. HOOPER (Rep). The unnenal exigencies of the country renuire that we should look for other sod deeper Mirees 9'!" rei4nnl4 tiMil 11 .11 Y to Which the Government has neretorore been accustomed. We are contending for the maintenance of the Government, fee the preservation of the Union. and for the enforcement of the laws, on which depends the existence as well as the security of property. To insure our success in this contest, great and unn aunt exertion's have already been made. An enormoill army, n powerful navy, with vast stores of artillery and ammunition, have been created. In providing for the sustenance, comfort, and equipment of tins army and navy, the flovernmett haw !seen obliged to incur ex._ penmen far exceeding in magnitude any which have been hitherto known in our bistary. 7o continue them in their present state of efficiency, large additional mats must be expended, and it now becomee the duty of Con gress to devise metisols by which these stuns can be oh taint d with the least hardship to the people, and the least risk to the credit of the Government. Tn considering (bemoans by which this is to be effected, it must be remembered that it is hardly possibl e foe th e Government to raise money for any purpose without no cahlovitig some inconvenience to Individuals. Three mensiirem have Leon donaidered In the tointnitiet, which are, to some extent, connected together, awl form a comprehensive ay stem, by which, it is believed, the Government will be enabled to procure the sums neces sary to the succeesinl prosecution of the war, while, at the seine time, the burden upon the capital of the country will bet ght, and the public will be benefited in some im portant particulars. The first of these measures is the one now before the. House, by which the Secretary of the Treeaury 19ae_ thorized to jotter United States notes, not to exceed one Hundred end fifty millions dollars in amount (itichiding those authoring] by previous laws) of denominations not less than five dollars. They are not to bear interest, but are to be issued and rezeived as money, convertible, at the option of the holder, into six-per -cent. stock of the United States, the principal and interest being payable either here or abroad, and these notes are to no a legal tender. Rho second measure consists of a tax bill, which shall, with the tariff on imports, insure au annual revenue of at kotetone hundred and fifty millions of dollars. • The third is a national banking law, which will re quire the deposit of United States stock as a security for the bank notes that are circulated as currency. The tax bill is now being perfected in its details. It proposes a moderate rate of taxation upan most of the articles of nreeesary consumption, with higher rates on distilled Honors and other articles of luxury, and lega cies and probates, an passengers by railroads and other conveyances, newepapers and telegraphic messages. From these sources, taken in ColltiFetioll with the ta riff upon imports, it is confidently expected, :liter a most careful investigation, that the Government will derive an annual revenue of at least one hundred and fifty million dollars. The ordinary ex penses of the Government do not exceed seventy-five millions, which, being deducted from the estimated reve nue, will leave an amount sufficient to pay an interest of six per cent. upon a loan of twelve hundred and fifty million dollars, or nearly three hundred million dollars more than the estimates of the several departments of the amount of the public debt at the end of aqomor ngettl year it the state of affairs should remain in the saute ties plorablo condition as now, This tax bill will give to the bonds of the United States the character so much desired by capitalists, that of a sure interest-paying security. With such a character there would be no harm done if the principal were never paid, so far as those holding the itonde are eotlcertiad, be cause capitalists in the aggregate do not care for the pal mcnt of their principal • the only value which they place upon their capital is derivedr from the fact that it will yield them a revenue, and if at any time the capitalist should wish to use the principal of his bond, be knows that he can always sell it to another who is desirous to invest as much as he desires to sell. There is another advantage attached to this scheme of taxation. As the 'surplus, after deducting the ordinary expenses of the Government, will be mere than sufficient to pay the interest upon may debts which the United Elates has now incurred. or hereafter proposes to incur, rrhrn - this rebellion shall have been subdued, and peace shall have once again spread her wings over the land, the revenue will increase with the prospprity of the country, and the excess will operate as a sulking fund, by means of which the whole debt can be gradually ex tinguished. We have seen, in our own experience, at no very distant date, a surplus revenue used to diminish the national debt by even paying for it an exorbitant premium. Having thus, as we believe, provided a wise system of taxation which should enable the Government to borrow all the money which it may need, at fair rates, it i* pro- Posed, in order toy give atilt further assistance. and also with the object of securing a much-needed reform, to recommend a general banking law. For nearly thirty years, the country has been without a uniform paper currency. As nearly all the business of the country is done by means of paper ' specie being so:dom used except in the payment of balances, the in conveniences resulting from this want have been very great. The travelling public, remitters of small sums by mail, and the laboring clams, who often receive their pay . in uacurrent funds, chiefly experience these jne@DVOllleaft.• in order to relieve this want, It is no. cassary to give to the paper currency three quali fications : Vint. It must be well secured, so that tine people may feel that they are sure of obtaining its value when needed. Second. It must have a governmental endorsement or guarantee, so that the people every n•b)re may be able to distinguish it, and the Government prove its confi dence hi it by fitting it in payment of tares, assessment, and other dues. Third. It must be guarded, as far as possible, against arbitrary increase. l hese requisites have all been provided for in the bill. The paper currency is to be secured by a doposlt t with the Government, of the United Settee stocks, the market value of which shall be equal to the amount of the currency issued. There can bo no higher security known to the Government, and its permaneni value has heretofore Seen shown. The Government, upon the receipt of such security, is to certify on the face of the notes for currency, that the_ same are "secured by pledge of United States stocks," and is to take them in payment of all taxes, excises, and other ,dueu, excepting only for duties upon im potte. Lastly, the Government cannot increase the amount of the currency except upon the application of a bank, and the banks cannot increase it except upon application to, and depositing security with, the Govern ment. The currency is left to the banks; they are only re quired to deposit security for it, and to submit to certain established rules and regulations prescribed in the bill in order to insure conformity of manacement, for the com• mon lieneht of the banks themselves and of the nubile. To many of the banks these requirements will not be difficult of performance, as they already hold stocks of the United States which they will be at liberty to pledge. In exchange for the restrictions imposed upon them, the banks will enjoy the benefit of a fixed and permanent in terest upon their hypothecated stocks. 6, An odor of rm. tionality," as Mr. Webster called it, is also imparted to `their bills, enabling them to circulate wirier and farther than before. And what would become a constant drain upon their specie is cheched by the consent of the Government to receive their notes in satisfaction of its does. Thus are secured all the benefits of the old United States Bank without many of those objectionable features which aroused opposition. It was affirmed that, by its favors, tire Government enabled that bank to monopolize the business of the country. Here uo such system of favoritism exists. It was affirmed that, - while a large portion of the property in the several States, owned by foreign stockholders, was invested in that back and its branches, yet t was nnjuitly txerepted from taxation. Hate every . State is lett at perfect liberty, so far as this law is concerned, to tax banks within its limits, in whatever manser and to wire . - ever extent it may please. It was affirmed that fre. (luridly great inconvenience and sometimes terrible dis aster resulted to the trade and commerce of different lo calities by the mother Bank of the United Slates arbi trarily interfering II lib the management of the branches by sth3enly reducing their loans, atd sometimes with drawing large amounts of their specie for political ef. felt. Here each bank transacts its own business upon its own capital, and is subject to no demands except those of its own customers and its own business. It will be as if the Bank of the United States had been divided into many parts. and each part endowed with the life, motion, and similitude of the whole, revolving in its own orbit, managed by 'its own board of di rectors, attending to the business interests of its own locality i land yet to the hill, of each - will he given as wide a circulation and as fixed a value as were ever given to those of the Bank of the United States in its palmiest 'days. It is not to be supposed that variation in the rates of exchange will entirely disappear. These institutions all originate among the people in their own lecalities, and are not created by Government. The Go vernment simply authorizes the investment of capital in the loans, and the use of the bonds representing the loans as the basis of a sound circulation. This rename will, therefore, give to the people that which they most desire, a currency which shall not only purport to be money, but shall actually be money in a broader and more positive sense than are the notes of the Bank of England, high as they are in the estimation of the commercial world ; for the reason that the entire capital of the Bank of England invested in Its Govern. ment stocks, paying a very small rate of interest, and upon these stocks aro based, therefore, the ultimate se curity of their bills, which is a divided security, because the depositors of the bank look to it equally with the hill holders : while the plan proposed by the committee con templates the hypothecation of the stocks of a Govern ment with fewer liabilities, paying a larger rate of in terest, which are specially pledged for the security of the currency alone. The levying of the contemplated tax, the proper inau guration of the new banking scheme, and the successful negotiation of a new loan, are matters that will relaire time.. In the meanwhile the Irettenry is comparatively empty, and the demands upon the Government are nume rous and pressing. To enable the Government to sup-: port itself luring this interval of time, and to facilitate the negotiation of their loans, the committee have de cided to recommend the issue of Government notes. The question wo have to consider is + how this force, now under arms to uphold the Government, shaldbe paid fort And how shall we pny for what is necessary to mnintoin it in the future', There in au abundance - of everything requisite for the purpose. The question is, `simply, bow can the Government best provide the means of paying those who have supplied, and may continue to supply these forces There are but two ways in which this can be justly and fairly accomplished. One is by iaxation-,in other words, calling on every man to furnish at once his just propor tion of *he amount required. Theother is by loans—that is, by issuing the obligation of the Government to pay at .401510 future time, with elicit rate of hatred as may be agreed upon, thereby allowing our descendants to share fome portion of that burden, which is incurred as much nor their benefit as for ours. The Committee of Ways and Means recommend loans, with taxation to meet the interest and the ordinary ex penses of the Government ; and tho measures they have considered are fur that purpose. The people are ready and willing, and are anxious to be taxed to an extent that will secure the prompt payment of this interest, and a sinking fund that will provide for the paiyment of the principal in twenty er thirty years. By joint resolution Congress has pledged itself to meet their wishes in that respect with great unanimity ; and the tax bitty as men tioned heretofore, is now being perfected in the commit tee, and will soon be submitted. It is proposed to issue $500,000,00. of bonds, paya ble in twenty years, with interest, send-annually, at the rate of six per cent. ptr annum, upon which the committee confidently rely for adequate moans to main tain the Government and carry on the war until the rebellion is aulitlueil. There would be no difficulty in relying upon these bonds alone, if the parties who contrucled to furnish the necessary supplies, and other creditors ot; the Government, were the parties who ate nisO to receive and bold the bonds Mist are to be issued. But, nnfortnnaiely, these contracture and others haye incurred large debts to banks met capitalists, which they are called to pay, and have time for beau put to great inconvenience by the delay of the Government in payine them. Hence there Is a necessity for money; and the object of the authority to issue 5150,000,000' United States notes not beating interest, tied made a legal tender, is to pay these creditors of the United States, and enable them to discharge their debts. In the natural course of trade, these United States notes will continue to be transferred from one to an other until they conic into the hands of the banks - and capitalists, who will not allow them to remain long idle in their possession. Money, for commercial purpows, ems now be obtained for less tolall feats per ...cont. Such portion, theretore, of the f , Unite,t States notes" as are not needed for circulation, and cannot ' to to-ed in iegithir business channels in a way to earn interest, will be returned sooner or luster to the Treasury lit par Intent, to be converted into bonds bearing interest at the rule of six per cent. and payable in twenty years. By this process the exchange is completed, and these boo-Is of the Government will thus be made to furnisik the supplies required to carry on the war without the intervention or use by the Government of bank paper. To render the Government financially more indepen dent, it is necessary to make the suited States notes a legal tender. It is possible that they would become a practical tender like bank notes, without providing for theni to be a legal tender. If this were a foreign war there would be no doubt of it; but in this present emer gency, when those who are openly or secretly disloyal to the Government are found everywhere to-suggest ob- Steeled that may embarrass the Government, nothing should be omlio-d that will add to theft ellielens cy. 1 slit, therefore, in favor of making like nci..ee a legal tender, believing the Secretary of the Treesury, who alone has the power to issue them, chi and will ins the tower with his well. known discretion, mid that it r ill assist him in his endeavor to keey, the notes at tar with cote. We shall probably he told that Bug.. lent in lur great Edmund°, while specie pain outs wan) enspended, leaver made paper money a 1,441. heft in this respect her example should serve as a warning rather than a guide, because, instead of it, she did what was much worse, by sumpandlng the laws to enforce the payment or debts in cases where the paper money had been rrfuaed as a tender. • Tbs.' Pia!! whit!! I We Moo eiteteled, IP Ito (several branches, fills up the outlines of the policy submitted by the Secretary of the Treeninry In hie very able report. Mr. Speaker, the loyal finites stand In a more inde pendent position today than they have ever before oc cupied. The reports of the Treasury allow that they have been small purchasers, while tho record of the ex. ports tell us that they have sold largely. Where, then, are the abundant resources of this country"! I answer, sir, that they are In our banks, and our warehouses, and our granaries. Commerce and its attendant trade are paralyzed; the timid and disloyal are sending their wealth abroad for security, while the Government to offerthg the only Hale lint' (sure ePPertuitltlel ter hives!, went within their reach. Some of the very men who owe their freedom, their standing, their wealth to the development of the princi ples in defence of which this war is now waged, seem to be hesitating and wavering whether to come to the sup. port of those principles, or abandon them to their threat. cued destruction. For, sir, disguise it under whatever name yen 'please, this is a war, on the part of the South, inspired by slavery against the free labor of the North; and hence the e> mouthy It reeetvea front thtete who favor aristocratic institutions_ The prosperity of the North, like that of England and France, le mainly to he attrihotcd to the akin that It ham developed h, manufactures, the enterprise that it hue displayed in commerce, and the constant investment of Ito accunintateO wealth in industrial pursuits of every kite ; while the South, from polity, hat preferred that its labor should he unskilled and ignorant, suited only to the employments of a peculiar agriculture, keeping itself dependent upon foreign trade for many of the conve nience,' and luxuries which it has not the Ingenuity to prodilco, it la important in tide great 'draggle to thaw the ape clarity of the principlen of freedom, of educatiom of the elevation of mankind, upon which noddy at the North is based, over thane of slavery, which doom men to hopelesn ignorance, in order to insure abject obedience. To do this, our resources of (miry kind are ¨aut, hunt in men and In means; and it in only necessary to draw then out in order to be successful. To fail would not be because the nation was an poorly endowed as to be without the means of success, but be fetise it WNW to Millie Ile of Mom, alich s rudult, It it were possible, would not weaken the truth of the great principles of liberty and equality for which we are con tending, but would simply demonstrate that we, of this generation, were faithless in guarding those principles, faithless to ourselves, faithless to our country, faithless to good government throughout the world, and, since such infidelity is a violation of unquestionable duty, faithless to Cod. The House than adjourn , d. THE CITY. AMUSEMENTS THIS EVENING. ARC H• STREET THEATRE—Arch etreet, above Sixth,— lne Knight of Arva"—" The Irish Dragoon"—RA. Loan of R Lover." WALNUT-STREET THEATRE—Ninth and Walnut eta " TrOMPI - Alwrlca" "An ifoOr In Solite—. "Limerickßoy.o CONTINENTAL THEATRE—WaInut street, above 'MOM Uncle Tom's Cabin." TEMPLE OF WONLIEk9—N. E. corner Tenth and Cheat. aut streets.—Siguor Blitz's Entertainment. TRANSFER OF PRIS MEM FROM MOYAILEM SING PRISON . TO FORT LA MAYETTE.—Yeaterday afternoon, the prisoners confined in Moyamensing /limn were brought before Judge Ciulwelader upon a writ of habeas corpus, and, after being in. terrogated by counsel as to their willingness to be' handed over from the civil to the military Ratko ritice' they were requested by the Judge to signify their feeling in the matter. They all replied, stand- ing as their names were called, "No objection, 5 1 . V." The following are the names of the pirates, the first four of whom have been convicted of pi racy and treason : William Smith, Thomas Quigley, Daniel Mai lings, Edward Rockford, VI illiam Perri, Richard M. norm, Charlei Catup August Peyrupet, 'Robert Barrett, Henry Mills, Edward Flynn, Austin C. Williams, Henry Antmans, Daniel Courteney, John M. Morgan, George Hawkins, Asa Dolahay, John Cunningham, Richard R. Jeffries, William H. Hasleburst, George S. Harrison, John Mark, Hugh Monagrow, William Bryan, George Sawden, John Cronin. Michael Dillon, Ilenry A. Rum, John Millings, John W, Deamig ; C IL Mar. riott, Geo. IL Roberts, Thomas A. Brookbanke, Richard Lewis, Edward Murphy, John H. Ed wards, Thomas Wood, and John G. S. Lucket. The pirates are evidently afraid of each other, and many of them whispered in our ears that they intended to remain in the North if they could pos. sib'!" do so. In public, however, and in hearing of their comrades, they expressed contrary intentions. The Irish element appeared to be the most formi dable, and we understand that eight of the Irish crewamen manned the Petrel's guns and did all the firing. They were neatly clothed, and many times ex. pressed gratitude to Marshal Miliward and family for interest in their behalf. Prax—ltsmar.urra Ilan or WATEII.—About eight o'clock, yesterday morning, a Are broke out in an old two-story frame building at the southeast corner of Second and Green streets. The building was principally occupied by Mr. Charles B. Deets, grocer. A small portion of the lower floor was partitioned off and tenanted by Mr. Raphael Vogel, cap manufacturer. The flames originated from a hot stovepipe which passed through a wooden partition. Mr. Vogel had kindled up a fresh fire with wood and charcoal, and upon returning to his shop, after a temporary absence, he found the place in a blaze. The cap shop was entirely burned otth and the fire worked Ili way to the roof Of the building. The police and neighbors saved a portion of the stock of Mr. Deets, but what remained in the building was deluged with water. The millinery store and dwelling of Mrs. Clara Strauss, next door below on Second street, suffered considerably from water, which poured in through a skylight in the rear, which was broken by some falling bricks. The cellar of the dwelling of Mrs, Strickeri on Green rtreet, 610 W BeOphd, wriij fleodOd, • Mr. Vogel says that his stook, which was Wall): destroyed, was worth ROOO. He has an insurance*. upon it of $2,000, in the Girard. Bin Deets has an insurance of $3,000 upon his stock, which will fully cover his loss. The building belonged to Mrs. Eliza Stricken It is insured for *OOO, which "will cover the Lod upon lt. The fire caused a blockade of the Second and Third-streets Railway, which continued for some time t and caused much inconvenience to the lines running upon it. The necessity for a reform in the arrangement of the fire districts was demonstrated at this eonfla gration. The presence of two fire COMF.Anims would have been quite sufficient to have extinguished the flames, but there were probably fifty companies upon the ground with their apparatus. Their mere presence was not the greatest of the evils in volved. All that could go into service did so, and the extent of the fire was ridiculously dis proportioned to the means applied to its extin guishment. At one time, after the flames had been apparently quenched, we counted no less than eight powerful streams from steamers which were poured into and upon the building from Second street alone. Water was aliti beteg poured in perfect torrents from Green street, at the same moment, but we did not count the number of streams which came from that quarter. It really seemed as though some of the firemen, after ex tinguishing the flames, were endeavoring to knook the crazy old structure to pieces with their streams, and float away the fragments on the flood they were mating- A r4f3rin le si - 941;ir , needed in the arrangement of the fire districts, in the number of apparatus which go into service, and in the lavish use of water, when it can only result in damage. The hose carriage of the West Philadelphia steam engine company, while coming down the grade at Market-street bridge, on their way to the fire, ran into a heavy wagon, and was rendered a complete wreck, , CORRECTION.— t :aptain ELL. Vaticlove sends us a communication complaining that certain im postors misrepresented him in the eyes of the pub lic. The following embodies the facts of his state ments On the seventeenth of January my company asked for an election of officers, saying they were dissatisfied with their Present ones. I granted it-. whereupon (acting) Lieut. Monroe Murphy received five votes, and (acting) Second Lieut. Alfred W. Miller reeeiving but one single vote. Thus they were expelled from the company for incompetency, and in order to shield the fact from the world, they did by falsehood and sedition, entice some thirty men to leave the camp. And these men, to add weight to their false puhihration t have signed them selves as sergeants and corporals, knowing tiny never held any such position. THE ISQUEST.—Yesterday afternoon Coro ner Conrad held an inquest at the Fifth-ward sta tion-house, on the body of the unknown man who was killed on Saturday evening, by being jammed between two freigbt , ears, on the railroad at Front and Doak .WM6. This lidto+r and {*aka man up6A the train wore arrested, and held to bail to await the result of the coroner's investigation, which ex onerated them from all blame. The deceased was apparently a laboring man ; he was dressed in dark clothes. Ho was about five feet ten inches in height, apparently about thirty five ram of ago, and he wore his board, which was dark, fall. PIIOI3AIILE HOMICIDE.—Last evening, about half past seven' o'clock, a man named Samuel Smith was beaten with a club over the head at a low den, Front and Union streets. He was pioked up for dead and conveyed to the hospital, where he was in a critical condition at a late hour lase evening. Three women were arrested upon the charge of being implicated in the outrage, The police are after the man who inflicted the blows. DEATH OF AN OLD lIIERCIIANT.—James Bar rett, Sr., a merchant of this city, died yesterday morning, at his residence, No. .1414 Green street. The deceased was sixty-five years of age, and had been engaged in the grain trade for a period of thirty-four years. Ile was formerly president of the Corn Exchange Assoeiation, and was WAVY U. teemed and respected by his numerous mercantile associates. MISDEMEANOR.—Augustus Burns, a member of Colonel Gallagher's Regiment, was taken into custody on Sunday night, in Frankford, charged with misdemeanor. Be waa intoxicated, and made his y into several dwelling Louses, and when re• quested by the occupants to leave, would rotutla to do so. At one place he behaved in a very inde cent manner, and assaulted several persons. Yes terday morning he had a hearing before Alderman Coady, and was committed to answer at court. .. ANNIIAI. MEETING OP MN BOARD Or nip —The annual meeting of the Board of Trade held last evening at their rooms, Fifth and • nut streets. The report for the year was road contained a statement of all the business trail by the Board. An election for officers was held, which resulted in favor of Samuel C. hi for president; David S. Brown, John Welsh .1 Samuel Y. Merrick, vice presidents; Wm. C. 1 wig, secretary ; 113 L 1_1 Wood , t reasurer; executive council of twenty•ono members. A SHEEPY INDIVIDITAL.—Yesterday a noon Simon Seniff, arrested by Officer Cape. was before Alderman 'killer charged with etas a sheep and two calves from the barn of Chas. Joker in Frankford. The prisoner had sold animals to a butcher Who Mid slaUghtero4 tb but the skins were recognized by the owner. Of was committed in default of $l,OOO , bail to ewer at oourt. MR. RICHARDSON will exhibit hialargo churn or chapel tent for the soldiers, ou, the north side of the Eastern Market, this afternoon, from two to sk,. o'clock. All interested are invited to call and eir;s: anoint i t. SCIMM. EXASIINATkON9.—The e. of candidstos for aUttission, into both sud Boys' High &bools c.outmeneed morning. POLICE APPOINTMENT.—Jac obi M. man, of the Thirteenth Poliee• I)ietrtot, promoted to the rank of aergeenit lay the Ma