THE PRESS. PUBLIBBED DAILY (SUNDAYS EXCIEPTED,) BY JOHN W. FORNEY. OFFICE, No.lll SOUTH FOURTH STREET. THE DAILY ritEss, TWSLYI CENTS PER WEEK, payable to the Carrier. Nailed to Subscribers out of the City at Six DOLLARS PiIR AXIMInf, FoEIR DOLLARS FOR EIGHT HOMO, Toluca DOLLARS FOR SIX MONTHS—illYntiflbly in Rd vane for the time orde:md. . THE TRI-WEEKLY PRESS, Ideated to Subscribert out of the City at Tuning Dot.- &LIM PIM Lenox, in advance. M==EiMin CANTON MATTING-S. J. F. & E. B. ORNE„ ST O. 619 CHESTNUT STREET, tOPPOBITB STATE 1101:3E0 Hama now open /FRESH IMPORTATIONS !WHITE, RED GEMMED, Awl FANCY COLORED CANTON IVIANTINGS. ALso, 500 PS. CROSSLEY a SON'S ENGLISH TAPESTRY BRUSSELS; FROM 87i TO SIL PR. YD, T. F. & E. B. ORNE. m 2401 'ATEW CARPETING. JAMES H. ORNE, , '626 CHESTNUT STREET, BELOW sEVIWTH. We have just received, by late arrivals from NuroPe• 11Kene new and choice varieties of OA.IITETINO, con itching irRENCII AUBITSON Square Carpets. IIDIGLISH AXMINSTER% by, the Yard and In entire Carpets. CROSSLEY'S 6.4 and 3-4 wide Velvets. cc Tapestry Brussels. cc Brussels Carpeting. Also, a large variety of O)IOISSLEY'S and other makes. TAPESTRY BRUSSELS, From 871 e. to $1 Per Yd. Our assortment comprises all the best makes of Throa tily and ingrain Carpeting, which, together with a gene ra variety of goods in our tine, will be offered at the fow l* possible prices. OIL CLOTH FOR FLOORS, Prom one to eight yards wide, out to any Siva. FRESH MATTI.NGS. By late arrivals from Mina we haiM a litif assortment WHITE AND COLOR - FM • Tvl TT - I N S • OF ALL WLDTHS. JAMES H. ORNE, spl6.2m 626 CHESTNUT. . GLEN EC3IIO MILLS, GEILMANTOWN, FL IVIcOALLUNI & Co.„ iiiWinITAGTI3II3I43,IMPOILTERS, AND IMALZEO 609 - CHESTNUT STREET. (01)Posite 'lndependence Hall,) CARFE.TINCiSi OIL CLOTHS, fae. 'We have flaw on hand an extensive starker Cliovitinis,. our own end other makes, to which we e&1 the atten tion or omit and ahort-time buyers. mta-8m FOURTH -STREET CARPET STORE, 10. 47 &HOYE CHESTNUT, No. 47. J. T. DELACROIX banal attention Utile Bering Inreortainii of C3ARPETIN 4I :3B. 0001Indsling every etyle, of the Newest Tatterne and ]designs, in VELVET, RRUSSELS, TAPESTRY BRIJ& BELO, IMPERIAL - THIME-PLY, .and vague= WORMING& YELAN and DASK S. S NMP OOTOH BAG and AM LISTTAIR OARPETINGSOARPETINGS. ILOOB OIL CLOTHS, In every width. COCOA and CANTON MATT/NOB. 14008-NATB, BUGS, SHEEP SKINS, DRUGGEPS, and CRUMB CLOTHS. AT 47110LE5A11111 AND RETAIL, LOW FOR OASR. , .1. T. DELAOII.OIIC, 11114.4 in 47 &watt rOISI3TE Street. MILLINERY GOODS, 1862. SPRING ' 1862. WOOD & CARY, 1813=6580re to Lincoln, Wood, & Nichole;) 725 CHESTNUT . STREET', Hare now In Store a complete dock or 13TRAW AND MILLINERY GOODS, t SILK BONNETS, STRAW AND PALM-LEAF RATS, 50 To which they respectfully invite the attention of the •ormer patrons of the house and the trade generally. inarl9-din THOMAS KENNEDY & BRO., Tste CHESTNUT Street, below Eighth. Oboloe Stook o 1 SPRING MMLINERY GOODS, Di618.11m3 AT LOW MOBS. BLINDS AND SHADES BLINDS AND SHADES. B. a. WILLIAM'S, 1t0.1.0 'KORTH SIXTH BTREITI liditurAtrrittom car VENETIAN BLINDS AXI) WINDOW, NUDES.' The largeet and - finest easortment in the City at the ILAWEBT PRICER. KOBE SHAD= LETTEBED. rt ' itepairtag promptly attended to. ap3-Bstt LOOKING GLASSES ;TAMES O. EARLE & 80N, DIANUEADTUREBB AND DEPORTERE or LOOSING GLASSES. OIL PAINTING% PINS; ENGRAVINGS, PIOTUBE AND PORTRAIT mango, PHOTOGRAPH FRAME% PHOTOGRAPH ALBUMS, GSZTE-DR-VISITX ROBTRAITHI EARLE'S GALLERIES. 916 CHESTNUT STREET, WO PHILADELPHIA. PAPER. HANGINGS rHILADELPHI.A. IPAPEIt, HANGINGS: HOWELL BOU.RICE, CORNER OF .tFOURTH .ASIND MARKET STREETS, MANUFACTURERS OF PAPER HANGINGS raND WINDOW CURTAIN PAPERS tOffer to the Trade a LARGE AND ELEGANT AS ISORTHENT OF GOODS,', from the cheesed Drown took to the Mast Decorations. E. COR. FOURTH AND MARKET STREETS. N. 11.—Bolld Green, Rine, and Buff WINDOW PAPERS DT every grade. • • ar2B.2m STATIONERY AND FANC Y •GOODS. rikjrARTIN -it QUAYLE'S OTATiONEDY, TOY, AND FANG! GOODS EMPORIUM, ~.. N 0.1086 WALNUT EMDEN% azi3Or aumm • „ . . ' S„. ri - fi - e , , , , - ---,-- 41-?oi-it i% •1 /, ,- -- - - -,-,-.-.,-.„ . -•-. - - ,.. .„:1:-.,- trite l yt t _,, ).... .:-illi- ... \ ........;.,:: is. • ' ' -`,":\ ‘ .\ \ O\ l 'i Ittir> 11 ..; -; - •-';'.:-. •''''... ~,,. . L_ ~„ •\ . \ . • ~,... -11'..,..‘5C••5i\,:01,1,:0- f"-ip,' :;,.: .r, •• '; -••-: -'. --'-• ' ---",-- • . . • • •--...' .-lIF -IfL a l .. __ L.,011.,.,.• • .....; ~,,,;-•,_ ~, ,• ..........i . ..... --t-ir,i, . •_ C-: \''. ' 7 ' f i .4. • , %.... , •,-.. r.... -.:....,- rii...-_ - , , ___,--.,,....,-i-•-•ArAt.i.:-.4.;.z„,....-•_•-:,-•:______ \- • \ '• 7: --.,,;yr - ' . r3lo..""irriftl-.:: - -; • 7; :' . - - : ' --44ri —7s,el A0,...0.1--10!z"71 -,i,---=/:.;(ffiiii:-:.,,,=,.,.--‘`'` - , :--_ - ... ,a .:I_ - . -- • , -. ' ‘ .-;.-: ffsV,i4rlZ. PRW..:•• --•-- :•i,k . -'----„,t11-'31!IP*o i i.,..7j....4r,. ^1;1:,.. --L-- ~... .. ..•.- \ -:-.. ~... . .. ,-- -_-_,,,/ .7.. ''''''' - • .' ' • - - „:.-- - t?!..7.::;•:::!-. q. - .• .-:-:.3'!i•, ~,.,,_ ,',L'-...;-,„:„•ifrt iii.= ,:-.........,.. ..... ,4,... ~! - ,., ,~ . ... '-- • ".;;;,..,p4.,.- ' ' 111 - ... , • .!;:-..-.,..=•,......., j.4,-"....1-41:*..4* . . . "...... 4 Li....- -..,..- 1,..4.44......t.,,,l ....lim, ...............4......%0 i . . . VOL. 5.-NO. 258. JEWELRY, CLARKII3 ONE DOLLAR STORE. 802 CHESTNUT STREET. NEW GOODS, NEW STYLES, AND NEW PRICES. Per BNB DOLLAR you an buy any one of the fol. Win; artielea: to of Sliver Plated:Tea Spoon& a a II Desert It it " Table 44 41 44 11 14 peek& 44 14 44 'Desert Pair 66 44 Knife and Pork. 44 44 44 Napki n mugs. " Is Butter Sutter. Oliver Plated lingar Bowl. 44 44 Butter Glob. . 4 1 it Molasses Pitcher. K 4 1 Cream 1 1 64 Cagier. u it W a it er , 44 a Goblet. • " Drinking Guy. • " sugar Sifter. , Bold Plated 'Vest Chain, all idyls. a a Gua r d 44 It it 44 41 Neck '4 44 14 44 44 Ohatelaine, tt " . II B race l e t" IC 44 Medallion, ft II it' Armlets, Si - a a Breast Pin, tt -vt • E ar Binge, 44 It a Pin and Drone, all ei7lBll. 14 K Studs and Buttons, " " Solitary Sleeve Button, fin StAN “ Bosom Studs, ~ 4, ~ Binger Binge, " Pencils, «" 4, a Pen with Pencil Casa. Ladles' or, Gentlenten'a Port Monnede, Onbas, Bags, Purses, dzo., dto. All Goods warranted as repre sented. We have on hand a large assortment of Photo.. graph Allnuns, Mantel Clocks, Travelling Bags, and Rohl Jewelry, which we are closing off at cost. The at tention of the trade respectfully solicited. • D. W. CLARK'S ONE DOLLAR STORR, 8111-2 m 602 CHESTNUT Street. DRY-GOODS JOBBERS. N EW IMPORTATIONS. HOSIERY, GLOVES. GENTS' FURNISHING GOODS, LINENS, SHIRT FRONTS, WHITE GOODS, AND EMBROIDERIES. THOS. MELLOR Sc Co.. mh194311 40 and 40 North TRIAD Street. .'R 1862. SF NEL. _1862. ABBOTT. JOHNES. & tort MARKET STREET, Have now oven an entirely new end attractive stook in ENGLISH, FRENCH, GERMAN, AND AMERICAN DRESS GOODS. ao, e fall assortment in WHITE GOODS, RIBBONS, GLOVES, SHAWLS, &O, &0., To which they invite the attention of the' trade. mh24-tiol 1862. sPRI 1%1 G. 1862. S.; STEWATIT & 00., ntronnus AND - JOBBERS OF BLLKS'AND FANCY DRESS.GOODS, NO. 301 MARKET 13TEJOBT. Now In store, POULT DE SOTS, dll Shade& BLACK AND WHITE CHECKS, In SILKS and OTHER FABRICS. ALSO, A PULL LINE OP CLOAKINe CLOTHS, PLAIDS, STRIPES, And &Arable PLAIN COLORS. apIT - . SPRING STOOK STT•K AND FANCY DRESS GOODS. A.- W. LITTLE & Om* kublls-4f No. 32.5 111.ABNNT ST. COMMISSION MOUSES HAZARD. & BUTPHINSON, No. 112 CHESTNUT STREET, COMMISSION NLNROHA.ISfTS PHIE4DELPHIAMADE GOODS. mbS9-8m NATIONAL FLAGS. U. S. FLAG EMPORIUM, 418 ARCH STREET. BUNTING AND SILK. FLAGS, REGIMENTAL STANDARDS, NATIONAL ENSIGNS, CAVALRY GUIDONS, PRESENTATION FLAGS. EVANS & HASSALL, No. 415 ARM Street, above FOURTH. my29.21t GENTS' FURNISHING GOODS. FLANNEL OVER-SHIRTS POI THE ARMY. FINE SHIRTS, COLLARS STOOKS AND.' WRAPPERS- - Hatoafootared at G. A. HOFFMAN'S, (111100ESSOR TO W. w. B.IiIOUT.) .YO. 606 ARCH STREET. )%r A full line of TIES, SOARES, GLOVES, SUSPENDERS, HOSIERY, AND UNDBROLOTHING,. Always cm band. ray23-13io GEORGE GRANT, MANUFACTURER OF AND REAMER IN GENTS' FITRNISHING GOODS, No., 810 CHESTNUT STREET. mb2O4m liIINE SHIRT MANITE'AOTORY. The onbecriber Would invite attention to big IMPROVRD OUT OF SHIRTS, Which be makee a epecialty In Ide buelnees, Allo t oone Stoutly receiving • IiOVILTIMS YOB OBETTIrZALENT WZAB. J. W. SCOTT, GINTLEMEN'S FURNISHING STORM, ,Iro. 814 auzszwur 8 Wall 160-t3 Poor deers below the Detainees!. REFRIGERATO S AND COOLERS ..... DR. HAYES' REFRIGERA -11 TOR." . • These are, beyond doubt, the most scientific and efficient REFRIGERATORS In - use, being ,WARWTED to PROVISIONS LONGER WITH T•FiSS ICE, THAN ANY OTHERS. RETAILING AT WHOLESALE PRICES. Also, a large assortment of the moat approved WATER COOLERS. 3 . . S. CLARK, ray23-tf , No. 1008 MAlllllll' Street. BRUSHES aaa BLACKSMITHS' BELLOWS, REIVIBLE , & VAN HORN. mh2O &u No. 321 111ANNET street, ` Plaids ( Elljt rtss. TUESDAY, JUNE 3, 1862. War Literature. From J. D. Lippincott & Co., we have received several new works, evidently suggested by, or arising out of, the war, published by Air. Van Nostrand, New York. "The C. S. A. and the Battle of Bull. Run" is a handsome octavo, illustrated with fine maps, and, written by G. G. Barnard, Major - of 'Engineers, U. S. A., Brigadier General and Chief Engineer Army of the Potomac. In the familiar form of a letter to an English friend, it opens with a view, condensed but clear, of the conduct and character of Secession, and then, from various narratives, chiefly official, gives a fuller and more lucid ac count of the Battle of Bull Run than has yet been published. The maps 'consist of the plans which accompanied General McDowell's official report: a new and exact one, by„Lieut. R. L. Abbott, who served with General Tyler in the battle ; a plan by General W. F. Barry, now Chief of Artillery, Army of the Potomac, and a curious map pub lished in Richmond soon after the battle. This book has been much required and is satisfactorily executed. ` Captain S. V. Benht, of the Ordnance Depart ment, and late Assistant Professor of Ethics, Law, Military Academy, West Point, has produced " A Treatise on Military Law and the Praotice of Courts-Martial," which will be found useful, espe cially to young officers. Our only objection to it is that the author quotes his references too briefly and slovenly. Thus "Grant vs. Gould, Blacks, 69, 98, 100,"- or "De Hart, p: 38," or "Simmons, p. 34," can he useful only to lawyers, who-know what books De Hart, or Simmons, or other barely named parties have written. This treatise on Courts Martial convinces us that the system is susceptible of much improvement. That the judge-advocate, who is official prosecutor, shall be allowed to advise, and therefore often influence the military jury in secret session, is such a strange anomaly, that one is disposed to wonder how the accused can ever be acquitted. . Captain J. C. Duane's "Manual. for Engineer Troops," also published by Van Nostrand, is cont. piled from various foreign' military works of re pute, adapted to the United States service. __lt specifically treats, with numerous engravings, of Penton Drill, Rules for Conducting a Siege, School of the Sap, Military Mining, and. Construction of Batteries. The first part, showing how to carry troops across rivers under almost every contin gency, is all that we have read, but it teaches a great deal, very practically. Most of the War Pnetry of the period is conside rably " under proof." Not that the writers do not throw their feelings Into verse, but because Patriotism is not Poetry. "Our Flag," in four cantos, by T. K. Underwood, published by Carle ton, New Fork, and sent us'by G. W. Pitcher (late G. G. Evans), is no exception to the rule of medio crity. Its details, put into a mulatto's mouth., are simply' horrible—worse than then most revolting scenes of " Uncle Tom's Cabin." The author has some curious phrases, such as " The red-heroic, black-sublime of Treason;" "phrenetic- odes," " blare prate ;" " sinapistio pharmaoy ;" and so on. When will authors learn that, whether in prose or verse, the simplest language is ever the most forcible and correct ? From. Willis P. Hazard, we have the "Journal of Alfred Ely," Member of Congress, from his cap ture after the Battle of Bull Run, July, 1861, to his release from Richmond at Christmas in, the same year. It appears as edited by Charles Lanman, and is published by Messrs. Appleton, New York. The most valuable, as well as most interesting part of this volume is the copious Appendix, of 80 pages,' giving a complete list, chiefly alphabetical, of Union officers and soldiers " who have been, and are now" (up to the beginning of March) imprisoned in the Rebel States. We must confess that Mr. Ely's Journal has much disappointed us. Its details are chiefly personal, and it is fay inferior in interest to a much less imposing volume, previously published here—" Prison Life at Richmond," by Lieut. W. C. Harris, a Philadelphian, of Col. Baker's Cali fornia Regiment, which gives a very unpretentious but highly instructive view of, prison -life in the rebel capital. Mr. Ely's Journal may interest his friends, but Lieut. Harris gives valuable informa tion,which the public very much desired. " The Boy Soldier," by the author of. School Amusements," is a small gplume of infantry tac tics for &heels, in which, by moans of plain in structions and numerous engravings, the whole of infantry tactics'are so clearly laid down that teach era and pupils can acquire the principles of soldier ing without °ailing in a drill-master. We strongly recommend the book. It is published by Barnes cfs Burr, New York, and reached us through J. B. Lippincott Ai Co. A: Bankrupt Law To THE EDITOR. OF THE PRESS Sydney Smith has somewhere said in illustration of the value of life, that " it has been terribly abridged since the flood." It would almost seem that our national le gislators overlook so important a fact in the history of the race, so dilatory and hesitating are theyion the subject of a national bankruptlaw. True, we are living in limes which require all the wisdom and prudence of our present Congress;;but it is equal ly patent that these times demand for all men an emarcipation from all disabilities and trammels— an emancipation which shall restore to us the ex perience, wisdom, and energy of all our people. The country has passed through three of the most terrible financial and commercial revulsions on record in less than seven, consecutive years; from any one of which our people might reasonably have demanded some mitigating legislation from Con grees. We have had the revulsions of 1851, 1857, and this last of 1880-1, ushered in by a rebellion so gigantic that the whole world is affected by it. The change of value in railway property alone in 1854 was counted by hundreds of millions of dollars, and the wide-spread ruin and disaster would be consi dered fabulous were not that of 1857 so immeasura bly greater. Onr country is different from the old Govern ments of Europe—we change our laws and policy So radically and suddenly as to quite astonish them.' In 1848 we changed from a;lnghly,prote.ctive tariff to a decidedly free-trade one, and though the ef fects of so great and sudden a change were miti gated by various calves, such as the discovery of gold in California, the famine in Europe, with minor causes, still in 1857, the drain of gold having been a long time against us, the whole effect burst on us in fullforce---4en long years rolled into one We haegone on trading, manufacturing, and im porting, quite unaware of what vas ' really our true position. In afew short months, in feet in a few weeks, our whole country was bankrupt—Govern ment and all. Banks and indiViduals were ruined in a moment _almost; no forethought, or wisdom could save them; the country had been under mined by a long series of years of foreign-trading, the balance being against us, which we had made good by exporting our precious metals*f : The best talent, the most energetic and bravest - morehants were peculiarly unfortunate. But it !irtiseless to dwell even on 1857., Before we had-Item tore cover from vo sad wreck of that afrulsion, we are again huned into ruin by a rebellion-ea parti san war, followed by all its horrors of persoaal hatred, repudiation of debts, and indiscriminate re taliation, that affects all who, an be affected. Under this state of facts our merchants petition Congress for relief. It does not seem importunate for the people to ask to be released from obligationS that no power can ever render them able to meet, especially whOri they are hampered and excluded from all oppoittinity to engage in business. Oar country, of all the civilized nations of the earth, is the only one that has not legislated - on the subject of bankruptcy. At present each State passes its limited laws, but as a nation we are behind the rest of the world. And yet, at this time there is no nation that more needs the experience, energy, and Services of all its citizens, of this particular class above all others, than does our own. We are now debating the tax bill that is to try our national capacity b exist under such loads 'as the old mo narchies of Europe have grown acqnstomed to, and we want live, unlettered, courageous, enterprising citizens to meet the emergency. If our Congress Will give to these the power re-enter business free, to be counted as men, not as trustees, agents, and such under-cover kind of men—if Con gress will do wisely in this matter, it may look for a renewal of the prompt rising of our nation from commercial embarrassments, as it did in 1842,- for to the former bankrupt law more.than to any other one thing, is attributable that sadden improvement. -Commercial emancipation is what 'our country needa now, and its importance should not be Over leaked. ": V. ENGLISH PICTORIALS.--Fr011i" S. C. Upham, newspaper agent, Chestnut street, we have ,Eng lish pictorials of the 17th May. The Illustrated London News low numerous illustrations, chiefly of the Great Exhibition -and of the Prime of Wales' Tour in Egypt and Arabia, and the Illus trated News of the World, with a few engravings on wood, and a splendid portrait, on steel, of the Rev. Samuel Martin, a popular English Dissenter. A CAriTE 1 E VISITE OF THE REV. W. J. It. TAYLOB, D. D., of this city, has .just been handed to us by Messrs. McAllister & Brother, No. 728 Chestnut street. It is a faithful portrait, in vignette, taken by G utekunat, in'the highest style s of the art. It will prove a very acceptable ac cession to their gallery of clergymen, especially as Dr. Taylor is "soon to leave this city, to reside in — New' York'. PHILADELPHIA, TUESDAY, JUNE 3, 1862. Secessionists in the North. [For The Press.) In your paper of the —, I noticed an article with a caption as above written, and thought I recog nized the hand of the gallant colonel of the Pennsylvania Regiment, as I have often heard him express similar sentiments, with equal, if not greater, energy.. I do not object to the strong language which the writer uses, although it is more full of epithets than I indulge iu myself, but I can imagine the whole some indignation of the honest, outspoken officer, when ho hears, in clubs and private houses, the Govetronent he serves abused and sneered at by cravens, while he daily and hourly exposes his life in the face of the, enemy. There are several classes of Secessionists in our city, with various causes for their sentiments. Some are men bred to the bar, at which they have only nominally practised, and others almost brief less. These men axe always talking of the Consti tution, which they profess only to understand, and deny that the venerable Money has any knowledge of "habeas corpus." Will the great public ever believe that Mr. Dedimus, who has a third of an office with Mr. Capius, who also is a profound lawyer without practice, and half a dozen others of the same class, are better judges of constitutional law than Ilorace Binney? ' One bitter and malignant sympathizer with the rebel South bad the, feetgee to be born unon the " Jemes" river, which is a patent of nobility, and. to have been taught the rudiments of literatare at "William and Mary." Another has been "left out in the cold" from a lucrative office, by the in voters of the society; and a loyal man, whose son has earned honors in the field, put in the place that aball know him no more. - They all - talk with respect of the Confederate States (God save the mark !) and of Mr. Davis, and have .a vocabulary in common, and profess to con sider themselves gentlemen and members of the aristooracy. Shall they be tolerated? Vaunt. Ocean Steamships—Can we . Afford to do without'them - 1 • [For The Press.) The tendency of trade is to centralize, and the focus at present is New York. The commerce of a continent flows through her arteries ; her gates are thrown wide open to the currents of tradi; her ships whiten every sea, and are found in every port. She even does our carrying, transports our, citizens, imports our goods, and for the service re ceives our money. The reoffrdsof imports of dry goods and general merchandise by our merchants show that about $32,000.000 per annum are entered at the port of New York, and, of course, freights, &e., are paid to the owners of New York ocean steamships. „Allowing but 6f per cent. as the average cost for carrying, and we have the modest Brim of $2,000,000. Add to this the passage money paid by our citizens, and the amount paid for freight and passage over the New Jersey railroads, and we have the enormous aggregate of over $2,500, 000 as the yearly tribute that we pay for our ne-. gloat to provide proper steamships-of our own, not to mention the millions lost to the business of our city yearly on account of the absence of the thousands of strangers and' others that would come here and spend their money with our merchants or manufacturers, only for the want of directsteam communication with foreign ports, but who now, of necessity, must `land at New York, Boston, or other places, or, if leaving the 'country, must seek those points from which to embark. The great law of gravitation never fella; and it is just as certain that trade and commerce will not fail to follow in the channels of business travel, which now gravitates towards New York. Conic quently, it is to na a matter of thefirst importance to 'draw hither the tra,vel, not only of the West and South, but of Europe; and how can it be done but by means ef steamships, of a class and speed superior to • any now known? There is no other way, and there never was a time in the history of Philadelphia so propitious as the present to accom plish this great end, nor yet, a time when a delay or neglect to do would prove so unfortunate to her commercial future. This is no idle assertion;' it is a decree of em pire. The commercial life of Philadelphia de pends on its accomplishment nom, and the sooner we recognize it the better. It will not do for us to put-it off, and wait until some other city has in cured to itself the latest improvements of the day through our neglect, or all our visiting and court ing of Western trade will be in vain. We shall never see in our city more than a fraction of the $160,000,000 exports that are sent eastward'- from the ports of Chicago and Milwaukee alone; the $600,000,000 commerce of, the Northern lakes, and. the immense trade of the great and growing West, will find the seaboard through - the same familiar channels it has stravelled before—will empty wealth into the Same` great distributing reservoir,' giving profitable employment to hundreds of ships, thousands of seamen, laborers, artisans; and mar - chants If we would obtain an influence over -- even a portion of -his immense commerce, this eit haustless source of wealth and power which seems ready to come to us, but for the absence of proper means of exportation on the ocean; if we would have our beautiful city grow and increase in wealth, numbers, and influence to the first position, the hundreds of buildings now posted in every;part of the city " to let," occupied by intelligent and en terprising citizens, and real estate, with the general tide of progress, advance in its aggregate value to the amount of a hundred or more millions, we must do something ourselves to bring it about, commensurate with the magnitude and importance of the result desired to be realized. We must show to our Western friends that we can supply them, not only with foreign merehaii dise as well 'as articles of domestic manufactures, machinery, &e., on as favorable terms as our ri vals, but that we can offer them batter, quicker, cheaper, and safer means of transit on'the ocean; for themselves or their products, than can be ob tained at any ether port'on the continent. And let it not be forgotten that' one quarter the sum. we now pay yearly for freight on goods imported byway of . New York, is sufficient to introduce and inaugurate a class of steamships, that will at no distant day revolutionize the whole o: can steam marine;.that will be the ruling ships of the seas; whose superior speed and accommodations Will command the best paying freight, passengers,Mails, treasures, ao., beyond the reach of rivalry or corn=' petition.^ If they are built here before others avail themselves of imaortankimprovements in naval ar chitectire now within out reach, and which may be secured to us, they will assuredly give to Phila delphia an immediate .prestige, power, and supre macy, she can gain in no other way, nor at any other time ; for, should they be built and run first out of New York, Boston, or Baltimore, Phila,; delphia _can never recover the opportunity she now has, to revive, establish, and perpetuate her -foreign commerce. - When once the opportunity is lopt, it is forever . gone. No such -improvements as are now proposed may ever be looked for again here, even if it were possible for them to be made, (which is not admitted,), for New York will not always have $15,4),000 to $20,000,000 in old-fogy steamers to protect from becoming comparatively worthlias by the introduction on the ooean of these improvements. To redacts the expenses one-half, the distanc_e or time one-third, and increase the safety anernffinfort tenfold,' are not every -day ac complish:Die—Eta; they are the result of fifty years' experiment, observation, and study. Speed ruld the world ; to attain it, however. vessels must be formed in perfect' obedience to 'the great ruling principle and, laws governing the elements through which they .. move. The- steamship world must recognize this principle; otherwise, ocean speed is impossible. Ptnsinin., 8 00 . John Itorve--Union for the Sake of the,ljnion. per The Press.] The people of the State of Pennsylvania, while their eons and brothers are contending nobly for the Union against a desperate hand of armed conspirators and bar barians, will be shorn- called upon to contend fie; aye Mimi result which Inuit hate en important influence on the contest of arms which our brothers are so valiantly waging. in tide contest one of the first great objects to be achieved is the selection of proper leaders or esnli detes. When this has been ,accomplished, and wherfa fair and definite understanding hae been had among all'. loyal men, I have no fear as to the triumph that will be won at the ballot-box. view of this understanding, then, as I to candidates, I rejoice to note the unanimity with which the Immo of Hon. John BOWO, of Franklin county; is hailed as a candidate for Surveyor General, because it, indicates a desire to, harmonize on a sound Union man, while such a union foreshadows a victory as certain as the day of election approaches. Nr. John Howe is a Union Democrat. Haring the last' session of the Legislature he was Speaker of the House, and in that position supported all the measures of legis— lation calculated to sustain the National Administration. In the beginning of the, struggle to crash rebellion he: was among the first to declare against the traitors, and took a prompt and positive part in the active measures: then devised by the Government_for, its own preserva-. item He made an issue with every man who refneed a full and cordial support of the war measures of Presi dent Lincoln, and while he did tide, he incurred the re sentment of that portion of the Hemocratie party who had determined to make their support of Iw ee ki ar ig g e a blind to conceal their own treasonr• Would it not be sound Policy for the. Convention that meets in Harrisburg, July 17th, 1882, to nomi n at e J o h n Bowe as the Union candidate for Surveyor Geseral ?: Of his popularity and ability there is no question, while, as a man of integrity, his character will compare favorably with that of any other luso in the State. I n mulling these anggestions, I feel that I respond- to the preference of a large majority of the real Union-lov ing people of Pennsylvania. A UNION VOTBR. CONFEDERATE Upham has just published fac-sianiles of $lO and $5 Confederate notes issued at Richmond and redeemable" Six months after the ratifieition of ;a Treaty,of;.Poace between the Confederate Stites and the' fruited States," The, imitations' are precisely as valuable as the real notes'. The holders of the latter-will 'have to wait a long time to have . them cashed. OUR ARMY CORRESPONDENCE, ADVANCE OF THE JAMES-RIVER FLOTILLA. A REBEL GUNBOAT. HOW A SECESSIONIST WAS norm. The Norfolk Herald Revived. RECONNOISSANCE TO EDENTON, N. C. CAPTURE OF A REBEL COLONEL AND HIS STAFF. WHAT HAS BEEN DONE IN THREE WEEKS. A BATTLE IN PROSPECT. &c., &c., &c. FROM GEN. McCLELLAN'S DIVISION. [Sreci#l Correepondeneepf The Prase.] OAKLAND, May 30, 1862 Hatt that there is a slight lull in the tido of raging war, it would not, perhapa, be improper to indulge in a brief I reviewof the military advances made during the last few dive. On the .11th of. May, General McClellan's • • furthest advance Trost was at .White House en the Pa munky river, twenty=three miles from , Itichinond; his headquarters being at New Kent Court House, seven miles flutter distant by a straight line, and his army ex tending in a bro`ad belt from Cumberland, two miles .be yond New Kent to West Point at the head of York river: the entire length being some twenty-five or thirty miles. White House bad been Joker' but a few bouts before, General Storiernan'e advance having orders to retreat in case, the rebels made any demonstration, and the steamer Huriter's Woodson sent up with sturdiest° White Home, behig anchored at the wharf, head down stream, with a full head of steam on, ready at any moment to slip cable On 'the 12th of ILLY White House was occupied in faro., and headquarters moved forward two miles, to °timberland, which point was also taken as the place for landing commissary supplies. On the 16th of May bead. quarters were moved to White House; the advance lthitqc - tierces Black creek and on the line of the Rich mond and York River Railroad, some four miles from While Home. On the 14th White Home was taken for the:Commissary's poet; work was commenced on the railroad, and a reconnoissance made some eighteen miles UP the Patnunky; On the 19th of Hay General Stone mans advance was nine miles beyond White House. On the 20th the army was moved forward six miles to Tunstell's Station, headquarters coming up on the 21st. The army moved forward three miles on the 22A, and six miles on the 23d.. On the afternoon of the 23A Alecha- Micsville was occupied by the advance, which was thus within five miles of Richmond; the troops retreated, however, in the'eveniog abandoning the position, which wee reoccupied the next day, and secured by a strong force. On the`24th Bottom's Bridge was secured by Gen. "Keyes, placing the left wing within seven miles of Rich. mond. On the 25th the army was advanced three miles more, and on the next day headquarters came up to Coal Harbor, ten ! miles from Richmond, by a round-about course, but not niece than eight in a straight line. - On the 27th, a - streag force sent out the right wing se cured Ashland, the railroad having previously been cat by oor troops in three or leer pieces. 'TEE SITUATION The position now seems to - be this :an occupation in force ef the southeast bank of the Chichnhominy from Bottom'sllrldgeto its source near the Virginia Central Railroad. At Mechanicsville and Bottom's Dridge our pickets extend a abort distance icross the river. From the 11th daY of klay to the 30th, the entire army • has advanced twenty three miles, or an average of about one and one-fonith milei a day. Commissary stores for the whole force have been transported, artillery moved, forage Bemired, and all has been effectually done. Not a mingle defeat his been suffered in the many skirmishes which have biteis fought,' but ail luive resulted in tri umplas to the Union arms. . All'this has been done, too, in the face of desperate and wily foe, whose force is larger than our own, and who has all the advantages of an army acting on the defensive . and having possession, of en easilY-defended country, covered all over with' woods; swamps hills, and naturally impregnable posi tions Every advantage, as soon as gained by the Fade , ral troops, has been effectually secured by the advance of the main body, and officers and men; act harmoniously together in spite of all sorts of petty jealousies, which at beta ee 12 e Inm uWk meet are but rivalrieso or ers against d.RETROSPECTIVE REVIEW . . I left - Fbiladelpitia'far.the .seat of war nearly three . , weeks since, that itireefttlly expected on my con timplated arrival there:. to find' the army in triumphant possession of Richmond. Such was the belief of every one 1 left behind..l found elOgientokand his entire army 30 miles from the prize. Peopledistant from the Aug of war, who knew nothing of the great labor required to advance a grandthrmy, must naturally fall into an error as to its progress: Fortin those who are on the spot be come impatient at the frequentdelAYS. Bet the majority, if not all of them, are'unavoidable.. Failure of junctions; rains, swollen rivers, burned bridges, obstructed roads, want of minute knowledge of the; country, all, enhanced by the necessity of extreme caution when invading an enmity's countrydel'ended by - a superiorforce, must ne cessarily retard' the army. fAnd after to-day our pro gress must become slower and. slower, until that great battle which' seems so imminent, hnd which will decide the fate of Virginia: I am no eulogist of General Tani:Sellali, and would not wish to be one—but the conclusions of my judgment, gradmilly formed on the spot, are, that since leaving Cumberland lie could not have advanced faster than he were be ever so much disposed to do so. As to ,events before his l arrival at Onmberiand, not having been present, I withisild any Opinion. The hour of the fall of Richmond is near at hand, though a carnage such as has scarcely over beek dreamed of may prectde it. ' THE REBELS - WILL FIGHT. Rumors no doillit reach you that there will be no battle here, but that tie rebels will evacuate Richmond. The opinion of the cdnmanding general seems to be'different. In a general miler, issued from headgnartere at (foal 'Tfarbor, on, TilOtday last, he urged the troops to be .manly and courogeons in the coining battle—to depend in all cases upon the bayonet—to be cool, relying upon the ability of thlir commending officers—to carry them seises like men-lbeing hilmane, charitable, and, above all, true soldiers, Bghtiog in a, glorious cause; in short, ,the oiff er recited everything which was expected of men wheligoinginbc;a most desperate engagement, and it an ticipated a "general battle." Evidence stronger than this of Cu event yet veiled in the future could net be required. GENERAL SYKEs' BEM:MAR-TP.OOn. General Sykes' regulars, advanced on. Wednesday morning as a supporting column- to aid General Porter, last evening passed down from Ashland to their proper position in the army, having performed !hat was re quired of them. They are composed of all three arms of the service-"-mivalri, infantry, and artillery—and are a most soldierly-body of men. Several Philadelphians are 0113011 g the offmers- - - - Lieutenants Sheridan and htalhone, both of your city, holding positions in the regiments wider General Sykes. The General looks hal.Yand hearty, and no doubt will be yet heard of on many a glorious General Sykes' men report the abandonment or the line of the. Virginia Central Railroad- by the United States troops; and the destruction of all the bridges and Useful property on the route. General Stoneman'a forces were not advanced to the railroad during the fight, but were encamped within eight miles of Coal Harbor General Porter's entire division passed down last eve -nhig, and encamped near. Coal Harbor. Yesterday morning, General Stoneman broke up his camp, and marched around Richmond towards Peters He had with him a force of 25,000 men, I am unable to tell the object of this movement. There is a rumor hero that. Psterabnrg has been surrendered to the United States troops. J. C. FROM GEN. WOOL'S DIVISION, [Special. Correspondence or The Press.] FORTRESS MONROE., JURE 1-P. M rum CITY POINT, VA. By the arrival of the nanboat•Bragon the Navy Do. partment bee late despatches from our fleet near Bich. mond, in the James river. I learn that en advance has been mode by our fleet, but in what direction it is not proper at present to speak. Stake it to say that all goes well, and the blow will be etrack nt the proper 'moment. The rebels continue to contract and occupy ride-pits along the south bank of the • James river, and annoy our gunboats' crews con siderably. Bewail of our sailors have been killed and wounded by the rebel marksmen. STATERENT OF A REFUGEE. . A refugee, that arrived to-Ley from Richmond, In forms me that the rebels estimate their force In the State of Virginia at 160,600 men, but they acknowledge that there is a vast amount of suffering among the troops, and probably more then one third were really unfit for active duty. There were no batteries to be seen on the river .road'•from Manchester to City Point. It was believed that Magellan's spies were everywhere, and desertions from the rebel ranks were numerous. GUNBOATS AT RIGIIMOND The rebels have a small iron-clad battering ram which mounts one large rifledlinn forward, and is said to be very formidable. The gunboat Patrick Henry is not wankhs big beenreported. She mounts fonr rifled guns, supposed to be tiCand 80-ponnders. The Jamestown has been Sunk in Consequence of injuries inflicted upon her by the Union gunboats. Her guns have been transferred to the Patrick Henry, formerly the Yorktown. The re bels think that the Tearer has been captured by the Union gunboats. (She was sunk by a single shell from the Galena a few days before the battle of Drury's Bluff, and went doWn with all bands on board.] DRUMM A REBEL SENTINEL The refugee above mentioned is a native of Ohio, and went South in 18M. lie was drafted for service in the rebel army some fifteen months ago, but continualy re fusing to serve, ho was 'finally arrested and put into prison es a traitor, and dangerous enemy_ to the South, Ilia sufferings were almost unbearable.. On Thursday sight Ave of Ids fellow-prisoners met with him and con cocted a plan of escape. Each member of this self-con stituted committee was to offer the sentinel the sum of fifty dollars, which he accepted, thus . obtaining a purse of three hundred dollars in Confederate money, and let the sls prisoners slide in the night. The party walked out of' town rapidly by different routes, and our in formant walked twenty miles by daybreak. At a point not far from where one .of the Federal gunboats was 'lying he observed a rebel picket, but, by creeping around through the underbrush, he succeeded in" eluding the atteation'of the robe's, gained the shore of the ;sines river, Wheie he signalled our gunboats, and, as soon as it was dark, was rescued. go has no idea where the other refugees are, but be thinks they will all succeed in genius out of Simnelit. AN IMPORTANT CAPTURE Early on Friday morning a squadron of cavalry were taken from Jamestown Island, on the James river, and landed at Sandy Point, on the opposite shore, under cover of the guns of the gunboat Dragon. They proceeded to the house of Mr. Baylor, and in his barns they found 52,000 bushels of wheat ready for destruction, together with a large quantity of corn, oats, and-corn fodder. the 'Plantation of this wealtbY rebel was docked with two hundred and fifty likely negro men, horsea, cattle, swine, and dc.meatic fowls. in profusion. The negrees were declared contraband, and the "forage" was seized for the benefit of the 'Government. It was shipped, at once, and conveyed to Jamestown, where it will be con mimed bye Colonel Campbell's Sixth Pennsylvania Ca valry, who were greatly in want of forage and fresh meat. 'Mile is the way to make wealthy," Somata" help to support our army. Let more such expeditions be sent out when safe and practicable. For the information of the Government, I will hint that just above Sandy Point lio the immense plantations of the notorious 4 . Buck Allen," who is said to be the wealthiest man south of Mason and Dixon. He owns nearly 3,000 nevem, four or Ave plantations, and there is no telling hOW mno forage." Above this, again, are the large glebes of. Dandridge Elves, Robert and William Bolling, Eugene Sayree, W. 11. Harrison, Ed mund and Julian C. Buffin, Edward Marks, and many others, any one of which would 40 doubt repay a brief Visitolti sufficient contrabands could be totted to do the heavy work. ANOTHER CAPTURE. An old dismantled scbooner, lying back of Craney Island, close in ahem, was visited yerterdas by our gun boats, and found to contain rebel entices stores, of con siderable value, supposed to have been left by the rebels Miring their hasty evacuation of these parts. CONE TO YORKTOWN The steamboat King Philip returned to this point last night' with the Home Naval Committee. We hope the honorable gentlemen have been very observant and criti cal concerning naval matters, in these parts, as there is room for any amount of improvement and reform. The King Philip proceeded to Yorktown last night. NORFOLK' HERALD. REDIFIVUS The old Norfolk Herald is to be resnsciated on 'Monday, I understand, as a Union paper, under the management, of Alt. Shore, correspondent of the New York Herald,. and eoveral other literary Gentlemen, at Present In Norfolk, will assist. As the Northern daily journals are not allowed a market in Norfolk, the sales of the Herald will no doubt be large and remunerative. The traitorous .Day Book will be filially squelched by GonerarYiele to-morrow, -and Mr. Hathaway, the editor, should be tr.ade to, swallow a whole edition of hie printed treason , in order to hide;lifromn the world's gaze forever. vuolt GENERAL At'CLELLAN'S The boat from White Bons° Point did not arrive until eight o'clock last evening. There is nothing new to be reported from the army of the Potemac. There is con tinual skirmishing alone our entire lines , in consequence of the proximity of the two grand armies. It iabelieved that the rebels will precipitate an attack; and bring on a general engagement during the present week. The rebel army is assuredly becoming greatly demoralized, and the rebellion leaders 8113 getting deaperate and anxious to hurry up the future, in order to behold the inevitable fate of alt traitors. If is a horrible panorama they will oxen up to their view, but, like dying infidels, they want to see the bades to which they are doomed, if it is to have any existence. AN IMPORTANT RECONNOISSANCE - Waa made yeaterday by a portion of Gen. Wool's &vi sion, towards :Edenton, North Carolina, and was most satisfactory. The rebels have abandoned the State of North Carolina almost entirely, and there is every rea son to believe that Governor Stanley will be the execu tive officer of a large portion of the a Good Old Sandy State," before many weeks pass away: The indomitable and gallant Gen. Burnside will not fall to take advantage of these things at the Proper time. Olio poeitions of Burnside and Wool are valuable and important wards in Gen. MCO/eilan ' S «Key of Promise," with vihicla he will open the gates of the last rebel strong hold, and enter therein triumphantly. CATTGIIT NAPPING Dnring the reconnoissance into North Carolina, al luded to above, a midnight descent was made upon a farm house in whieh a colonel and his staff were resting, and the whole of the inmates were captured, with ver7 valuable papers, including recruiting iegulations of a homely sort. The Oolonel captured was Colonel E. 8 Williams of the 14th North Carolina. Re was sent over to the Rip Raps last night and desired tO know whether he would be put to breaking stone along with the officers of his staff. When informed that he would be treated with all the respect dne to his rank as a prisoner of war he seemed much surprised and very grateful. FURTHER FROM OUR ADVANCE I learn, this morning, that skirmishing was going on all along our lines yesterday, and that during the after neeil the enemy made a sortie, in groat force, against our extreme left. Fighting was Icent up until eight o'clock lest night,whin it ceased, to be -recommenced at daylight this morning. The 4 . nemy: gained no material advantage, our artillery creating terrible havoc and Con fusion in his ranks.- Rumor says that one of our generals was killed in the action` and another mortally wounded, but of this I have no reliable intelligence. A bfFttle is probably going on to-day, of which your correspondents with the army of the Potomac will forward you fall Par- LATE SOUTHERN NEWS, INTERESTING FRODI NEW OREEINS THE NEW CITY GOVERNIVIENT. LATE INTELLIGENCE FROM CORINTH AND MOBILE, c t o ., &0., &a. The Military Commandant Assumes the Duties of Mayor. We have New Orleans papers to May 22. _ Nothing of importance had occurred during the two weeks subse quent to - our previous dates, except the issuing of the fallowing order by General Shepley, the military corn- NOTICE HEADQUARTERS MILITARY COMMANDANT OF NEW ORLEANS, CUSTOM HoPsn, May 20. S In the absence of the late mayor of . New Orleans, by order of Major General E. N. Dotter, commanding the Department of the that, the military commandant of New Orleans will, for the present and until such time as the citizens of New Orleans shall elecfa loyal citizen of New Orleans and of the United States as mayor. of the city; discharge the functions which have hitherto appertained Be assures the - peaceable citizens of New Orleans that be sill afford the most Staple vroteetioa to their , persons and property and their bpaor.- No °Meer or soldier of the United States army will be permitted to insult or annoy any peateable citizen, or in any way to invade his personal rights or rights of No citizen, will bo permitted, to insult or interfere with any officer or soldier in the discharge of hie duty. No person 'hereafter will denounce or threaten with personal violence any citizen of the United States for the expression of Union and loyal sentiments. The pu nishment for these offences will be speedy and effectual. The functions of the chief of police will be exercieed by Capt. James 11. French, provost marshal, to whom all police officers will report immediately. Ile is entrusted with the duty of organizlng the police force of the °ay, and will continue in Mae these found to be trustworthy, honest, and loyal. " The several recorders of the city are herebt suspended from the discharge of the functions of their offices, and Major Joscph M. Bell, Provost. Judge, will hear and de termine all complaints for the violation of the peace and good order of the city, of its ordinances, or of the laws of the United States. The Jaws and general ordinances of the city of New Orleans, excepting such as may be inconsistent with the Constitution and laws of the *United States, or with any general order issued by the commanding general of this department, or with this order, are, hereby continued in All contracts and engagements heretofore legally en. tered into by the city of New Orleans, or under the au thority thereof, aubjectio the limitations of the foregoing paragraph, ehall be held Inviolate, and faithfully carried It is =booted, and will be required, that all °outran. tors shall continue to perform tbe duties and obligations .resting mien them by-contracts now in force, and all such parties will be bald to rigid accountability. The military commandant desires the do-operation of all good citizens to enable him to carry out the duties as- Us 'invites, and will speedily ask, the nid of a number of citizens of respectability and character to aid in the di partmexit of the city finances, as well as what pertains to health, lighting, paving, cleansing, drainage, wharves, levees, and generally all municipal affairs not exempted frc re civil control by the proclamation of the command ing general or, by this order; and in the meantime all officers uow charged wills such functions arc retained in their respective employments until further orders. In all questions of the construction and interpretation of the Wars pertaining to the city and Ms government and of theedinances thereof, the military commandant will seek the guidance of a professional man of known probity and intelligence. The militswy commandant will bo moat happy to re. CdTO from. any citizen of New Orleans written or oral suggestions touching the welfare and good government thereof. In conclusion, the military commandant assures the entire population of the city that the re3toration of the authority of the United States is the re-establisbmett of peace, order and morality; safety to life, liberty, and property under the law, and a guarantee of the future prosperity and glory of the Crescent City under the pro tection of the American Government and Constitution. To promote these ends his own most strenuous efforts will 'be unceasingly devoted, and to their consummation be earnestly invites the co-operation of his fellow-citi zen, of New Orleans. G. F. SHEPLEY, Military Commandant of New Orleans. EDWIN IcshEr, A. A. A. G. The New City Government. [From the New Orleans True Delta, May 21.] Tux PanotsgArtor OF GENERAL SIIEPLEY.—WO can not today make a review of the able, temperate, emi nently proper, and most acceptable proclamation of Gen. G. F. Shepley,. the Federal military commandant of New Orleans. We shall do so, however, if possible, to-mor row. The difficulties we labor under for want of mate rial are known, and we are sure are fully appreciated by the thousuands of citizens who daily welcome the True Delta in flair houses; and to this cause solely is it owing that many matters of urgent publio Importance must now go uncomzuented on and unexplained to the public in our columns. The exceptional condi. ion of our city at this time all must deplore; but regrets are at once useless and onava`ling ; let us, on the contrary, exhibit neither de spondency nor sulkiness, but rather an earnest desire to repair what is amendable and make military domination as mild and supportable to ourselves as the good feeling expressed by General Shepley and his announced resp3ct for our lam and institutions warrant us in believing at- Commercial Affairs in Neiv Orleans. [From the. New Oriente° Commercial Bulletin.) • WEDNESDAY MOUSING, May 21,186 There were soyerel sales of anger yesterday, payable in Confederate treasury notes, but the prices showed a market fallioz off from figures previously realized. The public sales on the levee, which were made in retail lots of two hogsheads or more, to suit - purchasers, wore at rates ranging from 80+10c. Some other lota were offered; but withdrawn, in consequence of their pot bringing aft tiefactory prices Eight hogsheads, of a quality which had previously sold nt 12c, brought 10c. There were also some other transactions, none of the Particulars of whlch.were reported. ' ' . The receipts for the poet three der; comprise 101 hhdo. sugar, 215 DUI. molassoe, 1.20 bble •rum, 2,384 sacks of corn, 416 Ws. and a small lot of flour, 0 bbls. pork, 30 Ude., 1 tierce, and 390 plecee of bacon ; 7 bble. lard, and 214 sacks and one or two mall lots of peas. TWO CENTS. Collision and Steamer Sunk intim River. [From the Picayune of the 22d.) We learn by the arrival of the United Shies steamship McClellan, Capt. Gray, from New York, In coming up the TIYEr sight before last, about 12 o'clock, when op. posits Mcball'a Flats, the steamer cams in contact with the prize steamer Goy. Mouton, Capt. Goodspeed, hence for Ship Island, by which accident the Gov. Mouton aunk in about three minutes, anti is a total km. Two persons on board the Gov. Mouton lost their lives—one a soldier of one of the 'Massachusetts regiments, and the other a prisoner by the nsme of Tiernan. The crew and other persons on board wore rescued and brought up to the city by tho McClellan. 4 The Currency Order of General Butler. MIAOW:7.IE7EL% DEPARTMENT OF TRH GULF, NEW ORLEANS, May 19, 1862. GENERAL ORDERS, No. 30 It is represented to the commanding general that great dletrees, privation, suffering, hunger, and even starva tion has been brought upon the people of New Orleans and its vicinity by the course taken by the banks and dealers in currency. • Ire has been urged to take measure, to provide al far as may be for tbo relief of the citizens, so that the lose may fall, in part, at least, on thoee who have calmed and ought to bear it. The General sees with regret that the banks and bank ers causele , ssly suspended specie payments in September last, in contravention of the lawe of the State and of the United States. Efaviag done so, they introduced Confe derate notes as currency, which they bought at a die cooncin place of their own bills, receiving them on de posit, paying them out for their discounts, and collecting their onetoneere' notes and drafts in them as money, some times even against their will, thus giving then notes cre dit and a wide general circulation, so that they were AlthidttUted In the hands of the middling men, the poor, and unwary, an ontrency, In place of that provided by the Constitution nudism of the country, or of any valua ble equivalent. 7lie banks and bankers now endeavor to take advan tage of the re-establishment of the United States here, to throw the depreciation awl low from thie worthlele Muff of their own creation and fostering upon their creditors, depositors and bill-holders. They ratite to receive these bills, while they pay them over their vomiters. They require their depositors to take them. They change the obligation of currency by stamping their bills 0 redeemable in Confederate notes." They haw invested the savings of labor and the pit. tance of the widow Sn this paper. They sent sway or hid their specie, so that the people could hare nothing but these notes, which they now de predate, with which to buy bread. - All other property has become nearly valueless from the calamities of this iniquitous and unjust war, began by rebellious guns, turned on the flag of our prosperous and happy country, floating over Fort Sumpter. gaged from tbo general rain by this system of financiering, their stocks alone are now seeing at great premiums in the market, while the stockholders have received large dividends. To eunalize as far as may be this goneral tom, to have it fall at least in part where It might to be, to enable the people of this city and vicinity to have a currency which shell at least be a semblance to that which the wisdom of the Constitation'provides for all citizens of the United States, it is therefore Ordered, 1. That the several incorporatid banks pay out no more Confederate notes to their depositors or creditors, but that all deposits be psid in the bills of the bank, United States treasury notes, gold or silver. 2. That all private bankers ' receivieg deposits, pay ant to them depositors only the current bills of city banks, or United States treasury notes, gold, or silver. 3. That the savings banks par to their depositors or creditors only gold, Piker, or United States treasury notes, current bills of city banks, or their own bills, to amomount not exceeding one-third of their deposits, and of denominations not less than one dollar, which they are authorized to hone, and for the redempt ion of which their assets shall be held liable. 4. '1 he incorporated banks are nnthorized to tune bills of alum denomination than five dollars, but not lest than one dollar, anything In their charters to the contrary notwithstanding, lad aro authorized to receive Confede rate notes for any of their bills till the 27th day of May next. IL That all persons and firma having Wised small notes, or "shinplasters," so called, aro required to redeem them on presentation at their place of businese, between tho hours of 9 A. M. and 3 P. M., either in gold, silver, United States treasury notes, or current bills of city banks, tinder penalty of confiscation of their property and sale thereof for the purpose of redemption of the notes so issued, and imprisoned for a term of hard labor. 6. Private banters may issue notes of denominations rot less than one nor more than ten dollars, to twe• thirds of the amount of specie which they allow to a commis • stoner, appointed from these headquarters, In their vaults, and actually kept there for the redemption of each notes. By command of Major General BUTLER. Ogo. 0. STRONG, Assistant Adjutant General The Currency. The Bank of Commerce has opened its doors and coin monced business. Announcement was made that it would receive no more Confederate notes, and that its own la nee would be promptly redeemed by city and State notes and current bank notes, until each time as the banks ge nerally should reenme specie payments. - The Federal Fleet Left. From the Mobile Evening News, May 10.] We learn that the Federal iteet, which made Its ap pearance near Fort Morgan a day or two since, took . French leave yesterday. The last seen of them they were sailing in the direction of Ship Island. Whether they were disgusted with the substential appiarance and Serve-looking guns of the fort, or merely cams on a re- - connoissance, and went back to report what they saw, or were summoned to some other point and intend giving us the go.by, we are unable to say ; but, in any case, they ore a " good riddance," and the movement indicates that we are not to be molested hero for some time to come. [From the Mobile Advertiser, 11th.] At the time yesterday's steamer left the fort-2 o'clock P. K.—everything there was quiet. Ooly two ships (no steamers) were off the bar and these had their topgal lant meets honied, the win di blowing bard and a Leary Bea runbiag. Rebel Emigration froin Pensacola [From the Mobile Register.] The greater portion of the population of the city of Pensacola, es well as of the settlements above, on Back water bay and river. and on Escatabia bay, loft their homes and sought the interior .with their negroes and inch of their movable property as they could transport. The munitions, gnus, and other public property were carefully and effectually removed, and the enemy fell heir to a barren aceubition, save that the harbor will be of some value to them as a nsval rendezvous, and lta thores as a bobpital station for fleet MO army when Yel low Jack and other little ailments incidental to the so journ of the unacellmated at less healthful localities on the Gulf shores begin their work among the invaders, as they assuredly will ere long. Is thus evacuating its roost positions our Government is puritan, a stern but wise policy. The more positions they possess the more men will the enemy require to Denney, and the more forces we withdraw the more we will have to add to the force of our grand armies, in whose etrength our cause has vital existence. We trust that ere long our armies of Virginia owl the iffiecissippi Valley wilt conquer back 'Pensacola by great victories, and omitting peace and prod peril], make her all she over wax—yea, more. Corinth Before the Evacuation. °RBA?. BOASTING. [Correspondence of the Mobile Evening News, May 101 Couaru, Wednesday night, Mity 7, 1562.—The idea seems to have prevailed at Pittsburg some days :age that Beauregard was about to retire from Corinth, and la fa possible that the late demonstrations by the Federate were made, among other things, for the purpose of amt. taming his movements. I seed not estnre your readers that General Beauregarti Ms no thought of quiltivey this place, unless it be to pursue the enemy Mick to the river. it is evident. if reports be true in part, that Weßook does not consider his defeat impontible, or even kuprobse. ble i otherwise, t•o would not bo preparing to defend the roads after he shell have advanced over them. What ever be hie plans, however, whether a bold and manty attack, and a fair stand-up fight, or en attempted siege, or a movement on our Sankt!, lir will fiod Beauregard and his bravo officers and men prepared to dispute every inch of ground to the very last ditch.. The truth is, the . Confederates do not intend to be whipped at Corinth, either by arms or stratagem. When they do fight, it will be, as it were. in front of their own doors, - with their mothers, wives, and little ones looking on, and praying for their success. To suffer defeat' In such a presence, and upon their own soil, with the full knewledge that their hearthstones will be dese crated, and their helpless families driven from their homes, is slate too horrid to be thought of. Better that every mart should perish, end the last one of us be swept from the earth, than that the vile monsters who now hover around our homes should conquer this fate land. Defeat TS death—or, what is worse, player).- Col.' Adams. who was captured a few days ago, declared that rt the 'Federal army does not come to coax and persuade,' brit to force and subjugate us to our duty." Think of thie, ye men of the South. and be sure to give that insolent army a blow from which it shall never recover. Rumors in Richmond. [From the Petersburg Exprose.) We understand that a most terrific rumor prevailed in Richmond . on Saturday, relative to Petersburg. Some re(tie)able parson appeared in the streets of the former city, almost out of breath, and scarcely able to articulate for the time, Yet managed to gasp forth to his hearers, that twenty thousand Yankees had landed at City Point, and marched straight ahead and captured our beautiful city. ' , This re(lie)able person had no time to wait for the departing trains, but started at a rapid double-quick on the railroad, and arrived in Richmond ahead of all the engines and telegraph too. We are in formed that the good sense of the people of Richmond prevented their believing any such news. No, gentle men, we have not twenty thousand Yankees among us yet, and from present appearances are not likely to have them shortly. Richmond to be Laid in Ashes. (From the Richmond Dirnatch, ]loy lO.} The plan of the enemy has been fully unfolded by his press, es well as by his demonstrations at Yorktown, im mediately upon his advence there. He will essay to take this city by encroachment, with the protection of parallel lines. -He will throw up dirt as soon as he reaches tho proper point, and he will try to reach the heart of the city with the spade. If he is allowed to proceed in this way, he toad most assuredly yet here. His advance is not far from Richmond, and, if not molested, we shall soon see that ho' is flinging up dirt. But we do not ap prehend that ho will be allowed to go on undisturbed in this kind of strategy. He will never get to Richmond with that economy of bloodshed and life imagined by Mc- Clellan. [From the Richmond Dispatch, May 22 ] The determination, on the part of the people and their repreaeutatives, to defend Richmond at any and all ha zards, meets the unqualified approbation, not only of all Virginians, but the people of the South. A Charleston paper, commenting on ttio resolve, can the words of Vir ginia's Governor and of the citizens of Richmond are those of earneet men. Fier Legislature has resolved that the Capital must never be given up. It is settled that neither the threat of bombardment, nor bombard ment itself, is to induce a surrender, and that the honor of the Old Dominion must be preserved though her fair Capital in ashes be the sacrifite. This, it is said, is also the determination of the President, and eo.we will cling to the hope that Richmond will be saved, or that, if should fall, it will only bo after a desperate struggle, worthy the Interests that aro at stake. From Corinth to Richmond. If any of the truo and loyal mon of the North bave en tertained fears that the rebels might, in evacuating Co rinth, throw heavy rotnforcemeute into Richmond, they may give up such apprehensions. A careful examina tion shows that elicit a proceeding would be impossible, except at the sacrifice of much more time than the rebel commander would be willing to devote to ouch a move ment. The Mournhis and Charleston railroad being held by General Mitchel], between Florence , and Stevenson, that route would be unavailable. There is no other di rect and continuous line to the Noith and East. The enemy would, therefore, have to patron° the following course: From Corinth to Meridian, 794 miles; thence march to Uniontown, Alabama, about 60 miles; thence by the Ala- bama and Mississippi road to Selma, 30 miles; thence by the Alabama and Tennessee road to Talladega, 110 miles; thence march to Rome, about 20 raga; thence via Western and Atlantic road to Atlantic, 79 miles; thence by: the Georgia road to Augatta, 171 miles thence via South Carotins road to Brandywine, 76 miles; thence by rail to Colombia, 68 miles ; thence by rail to Chaidatto, 169 miles ; thence to Goldeboro'; 223 miles ; amid thence via Weldon to Richmond, 163 miles. Making a total of '1,282 miles of railroad and 70 miles of common road. To accomplish this distance with the imperfect railroad faFilitits common to Southern roads would occupy neatly three weeks. Again, such a step would be attended with mncli danger. Before the retreating army could reach some they could be cut off at Talladega, or between that point and Rome. Failing in this, Gem. Burnside could check them at Goldsboro' or Weldon. When all these circumatances are considered a retreat from Corinth to Richmond would be impossible.—N. Y. Com. Advertiser. TEE APPOINTMENT OF SUPERVISORS. —Yeeterrdai afternoon Mayor Henry commenced to con eidersthe applications of candidates for superylsors. The appointments will not be made for a week or two yet. the lime of the present incumbents not explring until July. THE WAR PRESS. THE W4l PRESS will be sent to subeeribere by mail (per annum in advance) at 82.00 Three Copies " itt 6.00 Five " " II 8.00 Ten ''' " ig 12.00 Larger Clubs will bo charged at the Kuno rate, thus : 20 copies will coat $24; 50 copies will cost ; and 10X1 copies $l2O. For a Club of Twenty-one or over, we will send as Extra Copy to the getter-up of the Club. Er Postmasters are requested to act ea Agent" foe Tea WAR PRINS. scurAdrertimmests inserted at the mei rates. Six lines constitute a square. FOREIGN MISCELLANY. The Mexican Invasion FRENCH ACCOUNT OF TUE POLICY OF SPAIN'. [From the Paris Moniteur of May 35.) Accounts from Mexico to the llth nit. , received via Havana, date that, atter conferencee in which the pleni potentiaries of the allied Powers could not come to an understanding, General Prim announced his determina tion to ro.embork with his troops, and applict to the Captain Generator (Juba to send him the necewery trans port°. Marshal Serrano, atter having consulted with the civil and military authorities of Ifavena, did not think proper to accede to the applicellm, and requested General de Ceeeett to return to Mexico and assume the commend of the Spanish expeditionary corps, in coos General Prim should persist in hie project. The French troops wore to repeat the Chieulhuite on the 20th, to Immediately com mence bottilitied. LORD PALMERSTON EXPLAINS THE LATE lilt‘ GOnkrrows In the House of Commons, on the 16th of Mar, Sir G. Bowyer asked the First Lord of the Treesnry what fn= formation her Majesty's Government bad received re specting the occupation of Mexico by France, and the Intentions of the French Government regarding Mexico: Lord Palmerston. By the latent accounts which wo have re - eived from Sir Charles Wyke, our miolster at Mexico, it appears that it was the intention of the French corps to advance to the city of Mexico. NO advance, how ever, up to that time, had been made; but that was their intention. With regard to what the Wen lion of the French Government may be, 1 can only refer the honorable baronet to the convention of October, as recording tho intentions of tho three Powers to undertake to make common action in Mexico. It is not for a minister of the British crown to speak In any way other than this of the intention.' of a,fereign Govern ment. [Hear, heard Foliage it may be satisfactory to add to my answer that, by a despatch from Sir Charles W) ice. dated the lath of last month, it appears he ex pected, on the lith of that month, to barn an interview. v ilk the Minister for Foreign Affairs of the Mexican Government, for the purpose of concluding a convention for tie Fatfefaction of the British claims , [Bear, h sari My noble friend at the head of the Foreign Department considers he will be Quite prepared to lay the liners con nected with the transactions In Mexico upon the table of the Bones ; and, that being the case, perhaps the hono rable gentleman, the member for Horsham (Mr. Fitzge rald), who boa given notice of a motion on this subject, will consent to postpone the motion. Mr. Fitzgerald webbed to know whether tiler might ex pect the papers to be laid on tho table within a abort time 7 Lord Palmerston. Yes, I should say so. NAPOLEON'S CAMPAIGN. (From the London Times, May 15 3 Thus, by this sadden and unlooked-for transformation, France finds herself alone on the contiiiint of America, committed to a war with a vast empire, wbote very nuns excites the inmeination and quickens the pulse. France has an undoubted casus betti against Mexico, which. she may, without any violation of the two of nations, pro secute to the utmost extremity. The difficulty which the dislike of the United States to the intervention of other turopeen Powers would once have prevented is for the present xemoved. Absorbed in their own intestine brawls, the Anglo Americana can do nothing to prevent the es tablishment on their fronttere of the moot formidable neighbor who could possibly place himself there. Spain may probably view with ranch discontent the laireatened occupation by France of a former dependency, to the loev of which she has never wholly resigned her mit', and which but a little while ago she entertained ap parently no anreseonable hope of regaining. Bat Spain, although risen far above the decrepitude of the earlier part of the century, is' probably neither able nor willing to do more than withdraw from partnership in the French expedition. Three of the great Powers of Europa are, se Mr. Disraeli ea's. immersed in domestic difliculties, and unable to assert themselves in controlling the affairs of foreign countries. * * * We car, however, with too utmnstsincerlty, assure the French nation that we view its occupation of Mexico. on whatever terms it may take place, without the slightest jealousy or iIL will, and Chat we shalt rejoice in its success. To Mex ico itself a French occupation winchd be an almost un mixed benefit. TUE EVACUATION OF YORKTOWN (Front the London Times, Hay 17.] The news from America, which we publish So-day, is hardly less important than the capture of Hew Orleans. Ihe Confederate army evacuated Yorktown on Hai 4th of Nay, abandoning a number of its guns, together with stores and ammunition, and retreated to Williamsburg, a few miles up the neninsala. Here they seem to nur. pose making a atand, and Gen. McClellan anticipates an obstinate contest. The object of this change of tactics we can only guess, from the eubsequent operations. On the morning of the sth inst. the Confederates, who appear to have been rein forced, made a fierce attack on the advancing Federate, and a sanguinary combat took place, the result of which, according to the Federal despatch, was, that Gen. Hancock succeeded in turning the left wing of the Confederates' line of works, and forced them to abandon their position du ring the night, thus giving the Federate possession of Wil liamsburg, v hich they entered on the 6th. A large number of Confederate priaeners was also taken, and the bat tle appears to have been one of the most important in which the armies of the Potomac have yet been engaged. There is, therefore, no reason to EITIPPOSO that the South ern generals have abandoned the idea of continuing the straggle, and, as Gen. McClellan expresses it, " dis puting every step to Richmond.' The news of the fall of New Orleans, and of the serious danger of Gen. Beau. regard, imet liege bad its due effect upon them. The chance of tbo Federal army not only taking complete Possession of Tennessee but driving Beanregard into the wildest regions of Afghanis or. Georgia, Mint have been present to the mind of every Confederate general for days before the retreat from Yorktown. But, as far ns we can see, the movement was unconnected with any military events, except those occurring immediately in Dm neighborhood. The Confederates abandoned Yorktown, doubtless, because the superiority of the Federals in gunboats and iron-clad vessels made it unlikely that even the Merrimac and her sisters woald bo able long to prevent the enemy's flotilla from coming up the riven on each side and making their position un tenable. The one iron-thatched vessel, the Merrimac, is &aid to have cooled the courage of the Federate more than any other defense of their enemies, and we may well concave that as soon as the Merrimac was injured or overmatched, the Confederates would believe them selves in danger from holding so advanced:a position. York river is now in possession of the Federal,. their gunboats having gone up simultaneously with the land forces. in spite of the Merrimac. it is probable that the James river will be soon equally in the power of the invaders, and the Confederates are therefore wise in retreating to a place, if they can find any such on the road to Richmond, where their great army may be established in some ad vantageous position, and enable theta to defend the capital of the Confederacy until the advancing summer bids the invaders pause. It must be said for the South that the capture of Donelson made the people only more determined to resistance, and that they never enlisted in such masses, and made such exertions in the cause of independence as since their first great misfortune. It remains to be seen whether the fall of New Or:eane will produce anything like the same effect. The spirit or /SeCtSBIOII must be strong indeed, if this be the case, and the people who furnish the armies of Yorktown and Corinth must be made of sterner stuff than the roubd aniane, who have suffered the enemy to take possession of New Orleans and Baton Rouge without striking a blots. .. • : The other warlike movements, though important, lose their interest in comparison with the great conflict which is imminent in Virginia; but there is one political event which evidently, in the opinion of the Federal Govern ment, is of great moment. This is the opening of certain (tithe Southern ports to European trade. It has been offi cially notified to foreign ministers that Federal mails, un der military supervision, will be allowed to pass tel New Orleans and other places lately occupied by the Confede rates. A collector has been appointed to New Or leans, end preparations were being made to raise the blockade, and to permit Baited shi tenants. A. later telegram says that the President had resolved to raise the blockade of New Orleans. Savannah, Newbern, Beaufort, and Fernandina. The object of this proceed ing is obvious. Silt= the beginning of the war, both North and South have had a common idea, which has tilled the one with anxiety and the other with hope. The Americans have not been able to free themselves fro= the snspicion that cotton is really king, and that Eng land would go to any extremity to show her allegiance to the sovereign lord of her manufacturers. The attitude of the French Emperor, and the murmuring of the French operatives., have also given the North serious fears. We 'are almost unjust in saying that the expeditions to various points of the Atlantic coast, such as Beau • fort, Hatteras, and Newbern. and the occupation of these places, without a hope of producing the smallest effect on the war, have been measures really prompted by a their° to open a cotton port, and thus take away the pretext of European Powers for intervening is the affairs of the war. The capture of New Orions makes that easy which before would have hardly been possible. It would have been but a mockery to ask Lancashire to send ships to Beaufort for cotton; but now that the great emporium of the Missiesippi and the access to millions of acres of cotton-growing land' re in the power of the Federate, it is their obvious policy to declare the trade with New Or leans open, and to let the refusal to supply cotton for the wants of Europe lie on the planters, who still assert their allegiance to the Southern republic. • THE FALL OF NEW OIILEANE3—ALL VENTION STOPPED. [From the rxamlner, May 17.1 The fall of New Orleans has, if we are not mistaken, served to quicken other movements besides those of troops. The French Gyvernment. It is believed, his for some time been occupied in preparing a project of inter- Is:milieu to be mide by severe! European Powers jointly; the basis of winch was to have been an armistice for idx months, in order that time might be given for the adjustment of Anal terms for peaceable separation be tween North and South. It wad not intended that any overt stop should bo taken in the matter before the middle of June, by which period diplomacy had calculated that the TCSOUTCCS of both sides would have been sufficiently wasted to bring them to en weenie dating mood. It is clear, however, that should the Con federate rower collapse too soon, or should it appear likely to do so, the intermeddling business of diplomacy would be at an end. The surrender of New Orleans, if followed by the less of a battle by Beauregard, would render it impossible for the Government at Washington to lend any toleration to hints or suggestions of foreign Inter ference. After what has just occurred in Mexico, neither England nor Spain can be supposed to be in any particularly pliant humor. And what does it signify whether the King of Holland, the King of the Belgians, or the King of Italy has committed himself to simplicity in the French project? The mast will no doubt be made by M. de Tbonvenel of the menacing attitude of the French troops in Mexico, whence the promise of their withdrawal would certainly be awkward among other conoideteione as en inducement to treat for peace be tween the States. But Preeident Lincoln, were he so dig posed, dares not venture to temporise in the face of vic tory ; and if ho dared, it would not avail. It will take months of disaster and dissePointment to cool down the pride of the Federalists in their late successes, or to make them distrnot their ultimate success. GENERAL McOIiELLAIi AND YORKTOWN. [From the Post of May 17.) . The Confederates evacuated Yorktown on the 3d inst., and once more gave McClellan the 'lip. A moreglorione termination of bit extensive preparations might easily be imagined, but not, according to his view of matters, a. more practically useful one. It would, of course, be presumptuous to pronounce at this distance, and upon very imperfect information, adversely to his generalship ; but the fact that the Confederates once more obtained the start of him, shboogh their evacuation occupied them two due a, does not say much for it. The ger trill, however, is evidently a man to whom it is an intense consolation to have done what is right, and to have made no military mistake. H e i s essentially a very safe man, if not a very brilliant one, sell after surveying the fortifications of the enemy. he wrote with hearty satisfaction to the War Depart- meet, that his trbole course wee justified by the remit; that the success gained was brilliant, and that its effect would cettainly be of the.greatest importance. What. ever may be said of the brilliancy of an achievement which left the sword of the young Napoleon still nn fleshed, and which added another to the list of his failures to get a good blow st the enemy, there is no 'reason to queetion his hopeful conclusion as to the probable result of it. Three operations being in the direction of Richmond, and the capital being a very short distance removed, the result to the power of the South most be exceedingly se. rime and embarrassing. The strength of Yorktown was vaunted in the most unreserved terms. It was called a second Sebastopol, and General McClellan's examination did not, in this instance, discover that the defences were theme. Williamsburg, again, was much talked of, and oven last night, when only the fired part of the swift Per e heel telegram had been received, it was suggested that the retreat neon that place was a piece of strategy in tended to draw McClellan, alter thoroughly tiring his men out by froitlete labors at Yorktown, to that place. We were told that Lee hed long been extensively fortifying it, and that, as it was placed beyond the -each of gunboats from either of the two .neighboring rivers, Gen. McClellan would be completely foiled. But the later telegram brought word that Williamsburg, too, had fallen. We may, therefore, uitbont fear of exaggera 'too, rtatune that the evacuations, thrugh cleverly sc. comyliehe d, give Very important advantages to the greet .nuy whore real busineea it is to reduce the capital of 'lie new Confederacy, and to restore the g , Old Dominion" to the old federation,