W'-'-iH-.r : ' v c.: x.;
i ' V. I ,
t:tro iv runsmt.
ritwa, tlit tht
j I tn . itccm ana er.
. . ..ttt riTcn" la ttsaj(in
f !.;i".icri pwJi in the Soetii,
. r. J t! tli puo! are rc!iu4
I t -t ! : tro 2!!ari In 0nf4ef
c: t . f .f tlo tIat w mhi dollijr
is IV -rJ Tbt fact that w
rcrr !.i"jTii f the North xel
f .. ;i .i:. -
fette pt ciHMXh ; bet a 4U1I
7atf and a permanent evH will
Itrow eat or it, wtitch erf 11 eonttn na;
after the wer, and which will 0 far
to rnew aad perpvtaate that , com
nereial vamlace which the 60a tb
ao lon endqred, whkh onderminedj
Ler ' tmliiieal' irdependnce. and
which hrtej(ht ap hi her tlt evil
frotu which (ha U etrngling bj war
to ecape. :.--r? r
If we cnnieot, daring the war, to
obtain all oar foreign commoditi
lititn tne orfnt rmw roncu more
freelr will we tufleent to that cxinrve
tf trd after the war shall .
elffn merchant Ve that tl onU ae-
snee u- Soetliern. narku ere thru
N'onh.rn mrt H..r .IJ .,i;.n.
to look With iacredelitv and diatroat !
up.n atl project for blihwg ai
direct trade with oar own W. . If! ,lfp? aituwgn wonn twice it
they see proof that eea daring a ,n U Jtem of nfahnir.--jMriodJel
war, we lire willing, to de- " ba oppreSi wldch
H oor sijpplie of foreign merchan- i JbJ worth Ul roo J,ooi ef
dke tbrongh the North, and that we 1 totxhm government. Of coarse,
ootiaent to degrade oar correncT to H aBot fappreased, except in
halfiu value inordertofccaietliee waelr, promoting
aapptica, ther will conclude rtlJa,Mi eo4irging direct. Importation
that the haartlinectmenuof laiiAJiV. fli
Ul reqeisite to the csUbUshtoent of Itioo ofcapital ahoold he pro
direct line of PacbeU to ear port if1 W a parpoea of enanrtng
wrald he tiaxafdon and, eocoodlyi
Chaft oar cnoney 1 really 00 mere
. valoablachaa are oeraclvea eatimate
Jt to U. .VT-r-. ' , . t, ;v v '
- i 8margliTtg i aw aefhthat ha
grown to jmmenee proportion,' and f
which oegbt to be abated.
bocn the chief can of the
ment of oar cnrrener: ilt ha been
the meatu of discoaraglng all enter.
prise la foreign port for ranning 1
the Wockade. Itaahaost the Sooth f
of vast aaantitie of specie, and ' if
a permanent depreclsiloa . of our
currency at one-half the valaaof the
vc jrdieu carrvjnev , 01 f.ioav , t an
. UIU Mil,. I, uac ,wir
Jiabits of trade, and eat ibliahe the
cltannels of commerce for the fatare
and whea this war shall vad. will
Jeave us dependent upon the" Nrth
' in oor finlnees and commerce aa we
nrcrtiaiidcrthe Md Unions .;.:"
' At prccnlthe Most palpable ef-
r -r ri.-. -.t? ." .. f
vjictiiu ui our carrency w one
4 rencr of the Yankeca. ". "After a'
vie sot'jsct. It is ecadlcs to adduce
proo! el tiie bet that the Confeder
ate debt ts aa safe, a ecartty aa any
.ia the world, and that Confederate
.carreocy beins convertible at any
wiui a Dcr canta?e aroroitmatine
frtiia par r specie, If wedonotaj.
-lorui lOBXine eaioeoi oor
pabiveptper.it will command par
: 4W tSimt the war, in, Earopean
nwoej iBancexs: coraparea wttw
Vtbe dsbt of 'ibe'lforih ' it U worth
fu-iiisicaii v two or throe or roar to
i;one Th NMrtberi daht Is three er
Moor time as greet aa the 6othern.
wjforthora war expendittrcs ara oo a
-acal tbrea or foar time as extra va
' -ptnt as the Scat-era ; eo that avery
iiidonal week that war I prolong-
; oa iBcreasea toe oisparuy betweea
the o)veney of the North and that
or the Booth. The monopoly pease
sod It the South of two or three of
the great stable which 1! at the.
basis of all commerce, gives her a
eoctrol orecie fond aad of ered?
its which renders the. taaria-jsaeot
. cf a dbteca!iirlj en aadrrt3.
. ticAV.v."Viitfv rW Sri
rencf of tat Uoafeder?? Jt Itrm-
Uie roftii two to i and u we
t the tkl of the wtr,--M ru-it'.
It l the eritatn tf fnpxlf tbtt
h riterteif tbie ttd of thing.'
r W "Ttnt rtbtt ?fity ta be
cKeckc4 Jbr erj ; wilflblt weknt
It will tea4 To, eiiormout ev! and
Iq nniuicDt caltroitlel. ', It tlut
jVtlui ta Vwhcb. It rfne. tbV !!(
price, which prer all (or. rTthin
I Uie oia etock uf iroods Ia the euea
j "7 IJWlea l rfawa.
i" rai ni ower pnwrj .jra
cat! wateffu like rare liot price
Ire vmpatlittie. Ooeelaie of com
moditiea la aonntnr cannot remain
1T Mh price. wiflnmt caoIn a
corret ponding ' appreciation in all
f"Hce.x So hi a the eommanit
lecaiiie" dependent j pn m oavters
fir jpod mt pmdoeed in the boeth,
the amaler pat ep their price to
rite preaent cijnrtinnate Ogare ; 'and
tlieii everjthinx ele bean ti riae
in jToportion. Tbeae . eitnionate
price are bat L a detnotuUratkin of
dcpreeianoa inal fiaa been can-
mrr . ! m il 4 M a M KM
tlMr nkeee, whw ae the Mtagjlere
i Y:'. 7 '
no the ehfer atfencT br wiiieh
North haa occeeded in patting
cale. Importation can only , be
rendered , eoeeessfal b j ; the aid of
strong naval armament; All' the
naval rvaoarce of the Confederacy
might be concentrated in a foreign
I lorr na ioccecsTui acoance 01
- a e - - -
1 w:oiocteoj.a4afeai mat way.
Wut ',teT, lh meaos etnpioyea,
m expense or pains sbooid tepare
10 ?' PP, H,,P-
' w rapr"1uu'"
foreign nrrchatidice from
ewier qaaners wan uie xxono.
fEovemmeot weoid atiSen op its
finance more in that way than in
any other. The case is the more
argent at this time; because every
Hew' step taken by oar army of in
vasion will only Increase the ail of
smuggling and aggravate' the dan
ger that threaten oor finance.'
"'. Jtlck$non4 Examiner,,
TJe new of the iercat battle in
Marylandj given to tlie pwhlic on ye
teroay, waa anytbing bo) satisfacto
ry. At tle head of one of the, finest
artnie that t tie world oversaw, occu
py !og one'of the trong.t positions
that could be conceived, clioeen at
leisure by himself. General Lee, had
fought a trvioendoes battle. Ue
inamtained his groond ; tlie enemy
retired from the field and front the
attack during the night. The Con
federate General remained master of
the place all Thursday without me!
IcstatioB froto ilcCWJan. fl)en it
was said oa asthority aopsrenlfy in
disputable, that General lice himself
withdrew frora the soil of Maryland
and retired to' Virginia. -'Tlie first
of these fact being s opposed true,
the aeoucl wainsut2cteutly jaltiSed
by the explanations proposed J and
the newt, taksa aa a wholecreated
doobt and tneaainessV '.' ' f ;
The farther Information whichwa
pubtish to-day, will in great degrti
remove these unpleasant Impress
Ions.' We think . it nearly 'eertaia
that, General Lee and the nerve of
bis -army are still in Maryland and
prcsAing apon ITcClellan. .This, in
tprcaut who sUted that hi whole
rmy had crosod the river were pro
bably sincere io their statements ;
tbej were connected with a portion
cf the army wtich actually did cress.
UU fie rcr formed tlttMrae
moTeioent of ihiedtfrI force
QetiereJ Lee gad the tti pUlf U increa.iBgClThe JodoBfTWf
the Confederate intoi went io par. i,;.'.l; 1' ..Ll .MWt (.
wltofMeOeltiJ? are r believed MW.tth
to ban Lad another ctigetuat wit b ? differeet ,fnaaofaetriaj-di-him
do Friday with wht reeolt we Strict to eollect tttltict and ti a
areatillnaabieUMf Mcertiln'tlietMith-ia" -reffard-io-tlie
rai: 4twlhrdetennhiatiitwiei;i-, :r 1. .i
Li . trr v...l r qoent upon the tflec of- il
triiror tif UeUu lnWrk no Wo, I.
It is admitted on all iidea
battle on Wedneda tti
tne of the moat temfr ' eunteated ofi
tM war ; and it ha been even with
urpriae tlut the , Fcdeu! ffuop
were (Mpatuaoi making ucn an er-
forL Tue troop nnder McCleHo
were, the- vetaraaa ef Urn Federal
force, Tho arrar that (ooiriit i Lee
a eaolidaiieerof the remnanu
of the old arm f the- Penlnanla,
JfopeJ beaten host, Uortmde'a armj
of occapationv and ' the 'goard of.)
Washington and Mary ladd. Some
new regiment were probably inter
mixed, !ut:ihey were "fcw,LTle
mas of McCleilan'a force consisted
of tratned troops; but with all tbev
advantaire It mast be admitted that
threxhihited a fighting, power on
Wednesday ; unexpected under the
drcttmstance. I These troops ; had
been broken b the hattlea of the
Clitckahominyi they had been com
pletely demoralised by the manage
ment of fope, and bj( the tremend
ous beating lately received at' Man
assaal it is a matter of surprise that
they were capable of an attack' so
persevering and determined as that
which they, made oh Lee last Wed.
nesday an! it can only bo expUin
ad on, the appoilion that Gen. Mc
CUUan retaiaid, the .oonfideooaof
the Federal troops, ia a degree with
which ao other Federal commander
could compare. But if, aa'.we ' tfow
believe with maeb more aasutance
than on vesterdav. this last desuer-
ate effort to retrfeve fortone and bar
the door to the invaaion resultedjn
a sanguinary repulse, if not an ab
aolate route! It Is easv to see that a
retreat Into Virginia by the whole of
vj.u. m sruij woutu ue aa extra
ordinarv and incomprehensible con
Laeq oence. Tlejlt,ihe most splen-
010 ana soiia, may . , be" aiuicipaiea
from a new pursuit of McClelian and
aa eagagamaat Hb hi army .after
an a&ir like that of Wednesday .
V hat over their material "condition,
the toorali of the Korthern troo
cannot now be otherwise than cvin
pletdy shattered. Kothing so bresks
the heart of men and armiee as Uie
failnre'of a'final elfort, made .with
all force, io eever the link in a chain
ef misfortune.',; If, tlien, Gen.' Lee is
Indeed in pursuit of.McClellan, and
ha fallen on him again Fridy, aa i
bow .believed, we may await the
etory of jhe rexalt wih most justifi
able and rtasoaable hope.--?icA-
. C Jri UU Jjrmy U Mar
fwusd!. The INrtersbniy-iSwytw-of
tbaista t5ept4, haa the following:
Soldiers la thia city and elsewhere
who have recovered their health,;
and are ablatio join the arrar can
do ao without any difficulty. From
luchmood they. can. gi direct to
Mary land, under ex isting arrange
ment, aad aa their service are much
needad, Itia to be hoped that all
who are io a condition to do so will
Immediately return to their respec
tive regiments. ' . r. . ;
MWe taeutioa this matter becaase
we learn that an impreseioo prevails
amongst the soldisrs here that they
can get Ue xaruier tbaa lucamomi
if they leave Petersburg for the
army. , Tbe impression ts an entire
ly erroneous one, and should at once
be discarded : '. V-- : ,
MWe have been requeatod to give
the above inforoutioh bj aa oScer
bow oa his way from this city to
Frcr5ck, Md, .
EFFECT8 OF THE T7AII IN
' . . r' - . .
- , , , - .- . "v ...... ,
i - r -
; , '"Hj. who, ia hiafirtt report
'' InPreaton alone, there art 23,000
person receivingparochial and char,
table relief. The ppnIatiott" I onlr
j 83,000, that more than one-roorth
are ateqd to the tip iomieery. In
! addition tu the . 23,000, thera) ' are
i thnnaanda - endearing; to ahif on
! half waae, r leM than on half.
Half-time' doea nut itnplj half paj,
for the oaa of So rat cotton render
it iinpoaaihle for the handa tojeani
their cuNtoinary wagea. Tlie amount
lost to the operatives by the failnre
of employment ie calculated at 18,
f)W a week. , The ' slight compensja
tiou to the auficring aiuount to little
more than 1,000 a week ; ao that,
in point of fad, 1 ia made to do the
; Tlie English press see no prospect
of aTleviation ol this4distroe "by ? a
supply ot cotton, and think that the
dtstress mnst grow more pinching aa
the arinter approachea, , '-, Assuming
that the American crop be not ; re
leased, and allowing for tbesupplies
from every otheH uarteri? cotnpe-
Ubt author itievM
Jffwst estimate that during the next
els months there i11 be only tuffl
cient cotton to admit of the opera
tive ltaving two day work a week-
Tb'Vriea add in the same despon
ding spirit " ;''.- . .,Z.. '
The supply of American cotton is
rapidly becoming ttxtfngaiahed,-and
these, exports he consequently
aricnj3onng the past week no leas
than 4d. to 5d. per poend. For the
fatare, American cottoe, aa '; leiog
er may choose. to demand for it, -Accordingly
an intereeting revolu
tion is taking place in the munafae-
tare. American coiuni vmmrm ui
Ml SVIIIHIUWIVU, MW ...
. . . ... . I
ti:v retnainins will be auaoanoeu
a a a a a
and nsed only in those fine nrt'efee
which are worn bv the wealthier
classes of aocietr. " '
The cotton of Surat' the descrip
tion now chiefly eutenug , into f o
aemotion -cannot he worked into
finer aorta of tarn and gooda j be
(arm it irill become available for
them ita quality ninet be greatly im-
Droved. It to very aaitable. bowev
er, to coarse fabrics, and with coarae
fabrics we most be content .jBUtii
anch timee aa America sends her
produce here again, of the cotton of
other coo o trie improree q
a well aa fncreae la quantify.
We have shown how small i tlie
present etock ot cotton, aadxlooking
to the immediate future; the , pros
pect i gloomy la the extreme. ;v-"
Sttatin Vwi.-The Lynch
burg Virginian learn upon waquee
tionable authority that daring the
occupation ot the Valley by Geiieral
Banks, for a portion of tbe UnW, he
used the . the house of a wealthy
gentleman named vLewU W'aahing
ton. aa hi headquarter. Mr. Gen
eral Bank wwith her hubad,
and aelected the: beat of th farai
tore la the boose, 'and shipped It
north, to her home In Massacbuaett.
Upon hi retaro, Mr. . Washlogton
found hi house dismaatled and rob
bed ot IU farnlture, and Inoulry
diacloaed tbe fact that the wife of
Usior General Banks had aest it
quite a nancy article, will coninand
a fancy' price ; indeed, juat ancb a
price al the limited number of hold
off to ornament her Kofthera 5d $
f Incident cf, tA Grtot aUU i
"Personne " the army cor'res pohde.nt
of the Charleston Courier, mcatkms.
thf fsct that oor soldiers- were in the 7 ,
habit of supplying their own. argent
waai or a noes ccw Dy striping mem .
from the feet - of the dead yankees '
wljo ccjrtti,o)jr.'.luuI. no. further, iiae
for them. Fcrsonnf taya,' f you
... J j tl.. .t.tl.' .t ':
irru men. jib . wizui ' mini men
waa even a virtue In stealing from a ': '
naaTuAsT ftakYtlv A Ufa. Iit -aint
A'mongthe amusing cetmneee
ot iwsi aioo, is . rciarea era. toi .
dier beiortVinito thaEi-'itii Ala-.-.
yankee in. the' Woods, bat being sep-.'
arated from hi regiment, did not .
know mriiat Io do with iiim. Whil
lolihqniwo, thOv Ocer wliogave
tn ihm IttrlAmni mil tv ' nrl tit- -it.
- "ww W WW ,
. .... . II.. ' .
view wing asaeu, nm khu ine ujutcr
hm had hot tv ' tct thm twitmmr. m. " '
Well," said the AlabamUn, ,-I
reckon I will, but. look here, yan
kee, you can't leave till yoa've given
roe some of them good clothe.--
Strip I 1 want your boot and breech
ea." The yankee protested against -
M aaoli in4iww4it nil mitnMmtmA to-
J w-w 0 j i r -
tbe ofiict-r to protect him. The Ala
l f i 1 jn i.r f
oamiBD aiso pieau ins cane. jcr
thie fellow,1 said be, ome down
here a rohbioir t our people, and
he's stayed so long It's no more'n
right be should pay for his board.
I don't want him to go round ia his
har IciFS anv more'n he wants to:
f .w-w a.. w-w
fllwl w wl.OTU .V 11. HSU. 'H. Vf. '
clothe. A fair exchange u no
robbery," replied the officer, and '
a you bare no shoe and a mighty
poor pair of paats, I reckon you
bad better' help yourself." Sow, '
yankee, you bear what the 'hers
era. do yer ; off with your trap -
ana lei a iraue. ids iasf ining mj
frHwrti saw, as he roderawarrvra
the wo worthies, in tbe "bar leg," -ttrippibg
for an exchange."
Gallantly i?m. Major Cole,
communicating to the Greensboro
t World the caeualtierin tbe 22d N. .
C Regiment in the late Manassas
battles, makes the following mention
of the condoct ofHia color bearer- ,l
Serg; Pinkerton, of Co. col
or bearer, deserves especial commen
dation for nobly bearing the color
far in the ad vance of the entire line ,
of battle. I will mention one instance, .
of Ins valor, which is the more noble.
no D-ing a mere ooj id size aou age.
Approachinnear one ot the batte
ries immediately in our i front, the
Infantry fled, and the Artillerymen
limbered up and put off at the speed
iof their hortes. Not wisbioir to per
, V ,
..... .wlk w w.w.wa . mmw ' ftn. ..Ia.
nit ouvit iiu w vevopc, ui, (vivi
bearer an d one or two others ga ve
thejioraee a race. Coming up with
the gun, they stotne of the horses,
which put a stop to the race. Serg. .
Pinkerton rushed forward to plant -his
color opoti the gun and, was met
by out of the artillerymen. His on
ly weapon wa . a sword bayonet,
which he drew upon the fee, captu
ring the man and then , planted hi ,
color upoo the gun.". ' ,.'.".' ''-Cl '
ilBOUt for &WiwV--ReT. A. E,
Dickinson hs sent a a specimen
eopy of the Neaf Testameat - and
Psalm, of which he ia sow publish
In? Wrvi lanre nembera.' Tbe prist-
log Is done in Atlanta, Ga and the
stitching, binding, dec-, la IUleigh,
North Carolioa. - Twenty-five thou -
sand eopiea of the Word of God have
. M .t- -TV
oeeu secorco oy ixxxs socisiy. - auwj ,
may be obuined at the Bible aad
Tract Depository, over Geo. r.Sum
.lw im-j r;.- '
UJQ IWWi-it MwWlt )w-ii .
Hill ?-rsL-W recret to learn.
that the Mill of Mr. Jacob Rickert,
reaidinz ft few miles - north of thi
place, coataining a quantity of wheat
wa uestroyed by are, early oazaoo
day. airbt last The belief is . that
the torch wm applied by an incen.
A Tankse paper report that "the
rebel pnvateer Sumter, now 290,
baa receivedi a heavy armament at
sea. aad i prepared to make aaas-SA-lt
f pott Kortbara cofojaeroew"-