W'-'-iH-.r : ' v c.: x.; "7 '"r i r., -i i ' V. I , r Vrft t:tro iv runsmt. ritwa, tlit tht i: u 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 . have 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. Uhas bocn the chief can of the debase. 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. The 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. tiesdaf. It is admitted on all iidea that the 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 n Eorop ildctitt- ' . . r' - . . - , , , - .- . "v ...... , era cona. tlie -oHton i - r - ; , '"Hj. who, ia hiafirtt report . wnie '' InPreaton alone, there art 23,000 j'.'W.!'' 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 'duty'ofjDl2.,lt,u.,':';:; V;'".;Vv ; 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. diary.-rydwa Exptu, 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"- r i a .

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