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NEW YORK HERALD. JAHHI UOROON BKNHBTT, EDITOR AND PROPRIETOR % ONTCOBN W. CORNHR OK KCLTON AMD NASSAU ?T3. TKHM.1 eos* m adennrr Mini/ ~-n< by mail unit be ?'?fV ?-??* % ?A? eeuder. Nans bid Uu k tn.'ti current <? 1 ljrlt t'lX-tJIB THJt DAILY HKXALV. tiro rmte p*r |7 pn 'in mm. ran WKKtil.y HERALD, ??? ? Arfanin, U $iic*nff?r rum, or ?3 aHNxn. K?m;?un "r"1' al ,'X ' |W ? fMtr mpm $4 per aunun to >??. f*irt aj Ormat Hrtf-iut, a pi 11 t-niny i>arto tL- Coultu. -U, both lo ivtiuU pottage; the OUt/ormia KdUum on th<- 1 rf, 1 ItA and XLet V wh month, at ,1J cmUpm t oy*. Or %1 75 per an . urn job ruit/rixu ?? ??<* <>*u fitA ? Vftlamt XXVII Ho, 140 AMUSEMENTS THIS EVENING. VUlOl OARDEN, BraaSwaf -Tub B?OJUsrt?un. WINTER GARDEN. Intilvv.-Itiui.i ITiff-flKis# r4ItUIK HlllTtlUk.AU. WALLACE'S TUEATBK. Mo. SM Broadwaj.-LiDT or VtOh 1 MEW 0OWBBT TUBATRB. Bo wary. ? MAOaBTH-Bss, t** Uo >TH*> ?i??M> IUI UI a Ubtat. OUnfPIO TUBATBB. tSi Bru<idw?y ? Fa-.r?' a Srr?Co l.BAB Vl)t< BARNOM'S AMERICAN MU8BUM. Broadway.?Co*. Kin*?Lmati Wmilk, AO . at ad huura.?lior o >ir ? hux?Hub Oi ,ii L:\jiku afu rouou Bad evening. HRTAMTB' MIX STKBLS. Mocuaalor HAL?172 Bratd wn/ ? itvuwau t*la. NIHMt'H SALOON, Bi>ad?iy.?(iDiLOmn'iiIos CBRf MBLODEON CONCERT HALL. 53 ? Bro^nr Tiniir Bu ? I UN OBMAACis. SWIM, UiSUU, BVBLBfclCSa, Aa. OANTRRftVRT MU8I0 HALL, sac Broadwaj.?Sox<u Danoa*. Boai-kiuun, AO.?jsuim. PARISIAN CABINET OP WON'DBRS, MS Broadway.? 0|*? (lallj from 10 A. M. till9 1' M. New York, Friday, "H?y 4, 1864. THE SITUATION. We publish to-day tlie correnpocdence which occurred between Commodore t'arragut and Mr. Mouroe, Mayor of New Oilcan.*, on* the appear ance oi our mortar fleet before that city. The Commodore'* letter is a blunt and sailor like de mand foe the unconditional surrender of the city, for the hoisting of the Union flag over the City fijll, Min* and Custom House, and the removal of all flags emblematic of any other sovereignty than that of the United States. He requests that the Mayor shall restore order, quell disturbance, an I call upon all good citizens to return to their avocations, promising protection to all aach, but Commanding that no oue shall be molested for ex oressing sentiment* of loyalty to the sovernment or ftshibiting evidences oi pleasure at witnessing "the old flag" ouc# mote fljiDg over the city U;> >n this point the words of Commodore FaiTa gut are very emphatic. He says:?"I shall apeedil/ and severely punish any person or per sen* who shall commit such outrage* as were wit ?eased yest?<<day by armed men filing upon helpless women and children for giving e?prv8tM?a to their plea*>trt at wtnetu i'n tl>* 'oUt ft" j.' The Mayor responds Id ? communication, somewhat bombastic, coin prmng a little pluck and a good deal of folly, in winch he admits the impo??ibility of resistance, as the army upon which he depeuded has deserted turn; but he refuse* to haul down the secession lUgs. end declares, in the name of the people, that their allegiance to the rebel government remains lataot, despite the necessity of yielding to tLe conquerors. His response is anything but conipli BM'arjr to GeAral Mansfield Lovtll, and upon the whole reveals the desperate condition to which 'be commercial capital of the South ha? l>een reduced by the eudden appearance oi the Union uortai boats before its levee, whi< h Mayor Monroe desig nates "*a overpowering armament/ A Odkoter t?f Customs for New Oilean*. in the person of Mr. Charles f.. I,atlirop, hss alrr.tdy been appointed a id confirmed by the Senate. Mr. I.ithrofi was foi merly a re*idtnt of New Orlean?, b^i left that cit* ou the outbreak of tbe rebellion, bexig a sterling Union r?.<n. The forces <*l Uancral HaHe^k bad a skirir.inh with the reh< la n-ar Pnrdy on Wednesday morn tog, on which occasion i reconuowsimce in foico WJH uiau>- frow the Hgb' wing, on tbe Memphis and Ohio rttdd. Oar troop-" met a force of r*;bel o.?viitry, wtto tl J in great and could not be raiiied. They wi r -pursued to Purdy. Ourforces, on taking po.?-< -*loii ul tbe town, burnt two badges and raa locomotivt into the river Three prisoner* were taken. Our men then retired, bfl\ rut oil all railroad cotninuh ation with the country north of Corinth, wlii< h hat been a great K#'- ? ol M*hel Mupplten. There is nouiing new to report from Fort Wright. The Mjrtga pio^i-ia. s ->tcadily, and a speedy tcr aiuioMoa ia confidently predicted. A rsbel gun bosi tisd smvod from X. vr Orleans and joined the fleet o< (a pi n n Hollies. The surrender of Fort Macon, North < arol.oa i* ouo Mio.ved in the Ri.tb'n tid Eitqvirtr jot Wednea. flay, a copy of which res- hed the War Department ye*ten|#y. We give iu another flolnmn a sketch o< tfa'j fort and of the r-het uarr^on in cherge there ai the time of the ipture. In ?dditlon In Um cheering news, the ('resident t '0 received in formation that Ceieral Boauregard was eva<?uanrs his position at Corinth and falling back on Mem pfcts. t*oeral Mitohel teiegiaph* that bis roroe* h*u a \rie* skirmish with tbe rebels at Bridgeport. Ala . U which the snemy were -omplctely to<u<-4 after attempting to iiurn a railicad hi idge, wbt<h <;en Ifiiohel sa?ed by the valor of bis troop*. rebels had Q*e regim'n'i of infantry and i cavalry at tba hi idge. (It- -"aya that he now l o <t? flunuviUe securely, and that the campaign in < Viomity is ended, ami *bnt no ting but that o' tl* Uhkki now floats io N^r'b'-rn Alabama Ths .Secretary of War r*i eived a despatch f|. ? (lennral Hslleek yesterday stating 'hai a onali foro* of th? Klrst Missouri Volunteer*, number ?g IW. under Major Hubla d had defeated the r?> ? Cotmefs Cotlee and Bteamweifhi with a fot, e .j! 600 Indians at Neosho, on Saturday last, am! < a) tared 64 prisoners, 79 homes and a large lumit ; . Of arm* Thua the >? ?,rj of victories re eired 10 W??|. ington yesterday fives aaftiiance of a prosperei ? and vigorous pi <>?<? .lion of the war in alliioartei - The America, at H.iinax Iinnge K'tio^'-an new? to the SOth oitlmo, t wo caya latet The London jonraalths'i anticipated the toptnre gff New Orleaoe by iaatitntmg an editonai -snvas ?f the effect of eooh a r*aalt of the adreni s of t he U?<on areiie* eoutiiward It seemed to i>? nog. i ceded that the fall jf the oity w >uld be very ils ?<t'roun to the rebel cause. the lioudon ZVne? as serting that the " occupation of that place by the federal* would be a tourniquet (or ligaturs) tight ened near the great artery of accession." The London UeraLd organ of the feudal lords and aristocrat*?indulges in sneers at the strength of the United .States governuieut, intimating that the protraction of the war shows that it is unable for the task before it. The llerald also advises an in tervention on the part of the "great Powers" should our Executh-e "fail after one more ohauce.'' Spain, it is now said, will retain her foothold in Mexico until all her claims, as advanced at tirst, are settled. The Austrian government is to despatch Scien tific Commissioners to tli* United Slates to ex amine and report on the Monitor, the Metrimac, and our ooast defences. The testing of iron armor plates for war vessels was still carried on in England aud France. CON ORE8S In the Senate yesterday, a number of petitions in favor of a baukrupt law were presented and re ferred. A resolution, efl'ered by Mr. Davis, of Kentucky, declaring that the war now carried on by the United States of America shall be vigorous ly prosecuted and continued to compel obedience to constitutional laws In the limits of every State and 1 erritory by all the citizens and residents thereof, aud for no further end whatever, was, on motion of Mr. Sumner, laid over. The resolution directing the Military Committee to inquire whether any further legislation is uece*sary to pre vent soldiers aud officers from returning fugitive slaves to their owners was called up by Mr. Wil son, and Mr. Sumner declaimed at some length against the actiou of General Hooker, General McCook, Geueral Buell, General Halleck and the Provost Marshal of Louisville, as regards fugitive slaves. At the expiration of the morning hour the consideration of the Confiscation bill was resumed. Mr. Wilson, of Massachusetts, oflcred an amendment to the bill, authorizing the Presiueat toiasue a proclamation aud tree the slaves of all those who continue in rebellion against the United Slates thirty days thereafter. The debate con tinued; but no action was taken on the amendment, and after an executive session the Senate adjourned. In the House of Representatives, Mr. Blair ex plained the provisions of the bill providing for a Board of Fortifications, to provide for seacoaat and other defences, and the consideration of the bill wu.? postponed till Tuesday week. Bills for the bitter organization of the Adjutant General's De partment, snd to render freedom national and slavery sectional, were reported, the latter by Mr. Lovejny, from the Committee on Territories. The remainder of the session was spent in Committee of the Whole on the Pacific Railroad bill. MISCELLANEOUS NEWS. The America, from Liverpool on the l'Jth and Queen-town on the 20th of April, reached Halifax yesterday evening on her voyage to Boston. Her OCWS is tWO ilaytt Uvt?r Consols closed in London on the lf?tU or April ai ? a 94 lor money. American securities are re ported dull on the same day. The Liverpool cot ton market ooutinued closed, on a -count of Easter, on the l'Jth ultimo; but some three thousand bales changed bands at firm prices. Flour was tending upwaid and the provision market likely to decline The Russian government was taking measures to hasten the emancipation of the serfs. Thespeeches lat-ly delivered by Lord Palmerston and Mr. Glad stone iu the British Parliament, on the affairs of Italy, g*ve great delight to the liberal party in that eonutry. ft was rumored that the French police had arrested twslve hundred workmen on a charge of sedition. The rebel Geueral John C. Breckinridge, in his official report, gives the following as the number lo?t in his brigade in the hactle of Pittsburg Land ing: ? , KiBrt. WoomM. Mini,ui Third Kentu'-ky n 134 j7' Fourth Kentucky. i.-{ j ??? At Fifth Kentucky 34 I Sixth Kentucky n Cobb's I^ght artillery.... 5 -si "T Clifton's Imtterv. .6 2'J Byrnes' battery I t0 ? Total. ? 127 5^0 .. Aggregate Juv ^ The official r?p.>rt of General Samuel B. (,'tirtis gives the following as the Union loss at the battle of Pea Ri<!ga Arkanss': Killed Wounded Missing ;;;;;;; Imi i>i According to Oeneral i'loyd'a explanation ot'Uis official report be 'ariied off only one tliouaand tw* hundred and thirty nix men (torn l'ort Donel ?on. They belonged to the following ragimenta. which w.jre attached to hit biigade; ? Ihinveixth Virginia '24?. Fiftieth Virginia 'l*i Fifty-ftiat Virginia. ? Hi i'ifty-aixth Virginia KJ4 Twentieth Miaaie*ippi :;ot) Total I.3M General Beaureg trd in h'* 1rat despatch to the tehi-i Secretary of War 'announcing hit victory" at Pittsburg finding, twid har* taken Mom eight to ten tiiomand priaonera. ' In hia second .]<??,ia,',h ii? rcdncee the number "from aix to eight thouaaud," and in lua oflfi' ;al a'-connt he make* the number "over three thouaaad." It appear* no* tha' there were only two thousand three liun dred and eightv-?ix ia ell. It '>n?ral Beauregard ha* not Ivat hi? lite he hn? oerlainlv ioet hia char acter tor truth there ie now no doubt that the battle at <oi;u<h ia on the point of taking place if. indeed, it haa not already been fought, General Pope arrived w.fii hi? rcinl'O! ? nn?nta on Monday woiuing, and tJeu<-:al llit'.he'. altiuiugh a. Hunt-villa on tn? Wd u?<i nmpie time to join hie for ?e with tho?e of General Nal'etk before Tiieadav, the *J9th. The Logiaiature of Ma*ea> bua^tta adjouiueti at .'iii't jiaat eleven oYI<* k on Wednesday night. M ia l'kilomene lltldebrand. who formerly re adied with her parents in Br?oklvn, haa brought a ?ui 01 brea' h of prwtniee of mairian?- *ml a. <!nc ' OL a I fiat Ml. William I. ill. a ??.elthv brewe, ?t i uuegi. The damage* are laid ai g'O.Oot), ana MI,ill i in b""ii beM to i.ail in t'jo,00o I tie l.o?i* * Iff mi nit if laai n? trow an ???-? p*d ?m *oi.ev mat ? be.'? l.-played tb* aioat revolt ni) oarbarity ? nan'hoy ftrat *tta.ke?i our army jt Pi1tabiirgl.a>.'l.ya If iia.ya they actually cut >ie throats ol ? * *?/'!* . *, Uie.? Uy n the i ? -D'.a tieueral Fr-.iuon: la?ft W the i'Ma u.;. 'or the iuierior?t Wean-m Vug m*. | tie particular point he will fo to ?? i'd ba ,on ?h?itrf todi?ulg?-. ?Ve KII"W where he ??> n It go * . a portion of j hit tone. Ilia de^Mt.n?n; t;ikea itl 'i>a ,ic?a?e, *k? e ?. .uiu.t.a to ill 4i- ,un(s ?),? rniomaia are auO'a * gj. ?;ei extent t| 4n jn any oth'" pat t O' ir i.0'iutiy ro do goo?| ??rr * Kremont all .ui<l atabliah in* iie*i|<|ii?r ei. ltl Knviv.lle ?? aoon >* fm*aii, a The Kittab'i'g an abolition jovmal, givea the exact numiiet of iuen acoottUng in the njuatei ri/lla. in (ieneral HaHe< k'a annv The Union leellng lo Tenneaae^ <? aptea>ting to nu "?l?rn?lai" eatont. Willtam K. & 'i?a'fi'rik. '?e'<? 14 14 ?> f'<>n,.* ijr f. Third Tennessee regiment, one of the rebel pri ?toner* in Camp l>ouglas. has been committed to prison in Chicago on ft charge of murdering Thos. M. Golden, belonging to the same company. General McKtowtry, the Quartermaster at St Louie, whose conduct the Congressional Investi gating Committee scrutinized ao closely, is about to publish a vindication of hit official acta. The negroes of Boston held a meeting on Mon day to consider the subject of colonisation. They Passed resolutiou* oppoaing the idea of being re moved either to a foreign country or to auy part of the United Statea. The Board of Councilman met last evening and disposed of a number of routine papers. A tium bei of property owners sent in a petition for the esUbliahiueut of a ferry from the foot of Twenty third street, North river, to North First street, i Jorsey City, which was referred to the Committee on Ferries. la reply te a resolution of inquiry, the Street Commissioner informed the Board that the Independent Telegraph Company had been re quested to remove poles that had been erected in virions parts of the city without permission of the Common Council. A report of the Committee on National Affairs adverse to applicstions of various regiments for appropriations for uniforms was adopted. A resolution appropriating II .COO to enable the trustee* of the Five Points House of Industry to pay the assessment on their property was adopted. A large batch of " general orders," being resolutions pertaining to unimportant mat ters, were adopted, after whioh the Board ad journed till Monday. The Ilackley contract case was again before Judge Barnard, in tho Supreme Court, yesterday, ou a motion to have the order of the Court sett! od for the appointment of a receiver. Counsel stated varioas objections; and, alter argument, the Court named Mr. Samuel Dousldson, of Fultonville, in this State, as receiver. The further consideration of the order on the points submitted was post poned. The examination of Abraham M. Hoyt, Nelson Kvans and Ezra H. Spiers was commenced before United States Commissioner Stilwell yesterday. The charge against the accused is, that in New Lebanon, Columbia county, a store in whirh the post office was located had been set on fire, for the purpose of recovering the amount of insurance effected, and that, in the oonflagration, letters, Ac., were destroyed. The defence denies the al leged incendiarism, and oharges that the insur ance companies had employed one of the wit nesses te expend five hundred dol'ars to proeute evidence against the accused. Mr. Andrews ap peared for the governmeut. The case will be re sumed. As was to fears been expected, the stock msi ket reacted yestertay morning, after the sudden rUe or the throe previous days. There were ar^e sale* of governments, apparently for account of partial who fea>l been buyers at l<iwer pn-.us, and the general siwciiietioa list dacllned '4 S *f. IKridend paying storks aed bond* wore, bow ever, in even better demand than tbs day before, and at the close 'be Thole market rallied, ciomd^ ilrtn. Money wasea?y si & per sent, tfxi/tiaoge luodei stelv active at 112?, a The slorin bad a te&dein.jr to check business. The <;? .lion market was irregular yesterday, especially ,11 the forenoon, but there was more tone visitde iu the afternoon, and holders exhibited rather wore flrinuess. The ~a!e?, in smalt lots, footed t?.p about tOO bslcs, r.hisl'y 00 the !>s>sis of iM}{e.. a 21>c . including random lots at a trifle above or under these figure*. AcooMiug to a teiegispbie despatch, via Chicago, received yest?rriay, tue Memphis papers of the :Mih April stated that a oenventioo ei cotton planters bad been neia si ceiie*, Aintmui>, at wtaicti u num tno'ibly ie*olvi-d to restrict the production of cotton to 600 jiouuus to the Uanu, eud -to lax ali exceediur that amount %'ii per tiale. The usual average yield to hand, on good land, Is from lout IS live bales of 4-.0 |>eiind* each, or iroin I,*00 pound* to "J,2pouuds to each band, with sufficient proftsions lor support. Soin? baas we-gii 600 pound". lais reduction, if carried out, will reduce tbe yield euomioosly, Compared to Ibe average crops of preceding years. Flour was ttime< for low grades, while outer kiuds were unchanged, and es'es mod.;i ue. Wheat was irregular, but flrmly held, while sales were limited. Cora wa? le*s active, while sales embraced mixed Wesern at 6T1.. a 58c , iu sure eud de livened l o:W w.<j leei buoyant and active, owing ?<> tu? laigestock; sales of iues.-> weie ma le at $U a %l't sad of |tfi'ne at $10 a $10 3&; tbe stock of all kinds oom pris?d ?ig.'Ho boii of po?k, ? toils tbe stnol of l?e?f *01. braced 24,790 bbts. Sugars were atesuy w?h satei of MO tibds, lOo boxes aod 2,000 tags 1Usr.1l. UMles was quiet; si>?ne inquiry prevailed for export, tie ghti were flrnt, with luoietats wug..(ewent4. The lmptn<lfug Slrnfllf* In I'iifjiuiii Miirt the hoiithweat?1tfhe 8<ih(?k) of lh? tiiirmy. We were euahled to publish yo<<terday ** ctmiveiy *ev?ial columns of highly in<?ie-tinj>; Southern new*. including Axtracu from Ih* Conferral* pre** fully continuing the < nplnio of New Orleans. itml ((loving Dial the blow i* Celt nil over the South 4-1 a ino*t serioiia 'lis aster, only Mcoiiil ill iU oouxequeucea to the destruction ol JVauie^ai'd"* afoijr. Um' 1 most iuiporiaut piec of intelligence! regarding the plall* of the rebel* ilk \ ilgitliil Wrt* UOIltlUUed in the extract which we re|tiw<luceil finm tlie I.'tubinoti'l &4a*>t'f ???. It 'how* that tjie lca<lcr* calcinate by their strategy to achiave a Tictoty in Virginia which will C0inptiu?aie lor their 1<>m of New Orleans. Aware ?>1 the nuuibei*. move ment" and de?lim?tion of the force undersea. Hanks and the army of (Jen. MuOoweil, the War Department ol the rebels ha? aunt heavy col urn in U> oppo-e thom ami prevent their junction; o;hei wi?-e "Richmond ivould he threat ened from itie dn?*Hiori "f thi i*oioiti-?c with sixty tliou-.autl men. 'Ihw Kxt iiiiilh?rf]ore. Mini "it 1m very |>rol>^>l>te 'ij# a <1 iaire battle iuuy !>*? lon<bt norih of Kir lini'HitJ belorti that o? tlx* p*t>inMil* has "Out Corinth,' the wiiier continue^ "i? on i!i?s < hifkabominy, <iimI on .""biluh somewhere iu a<tvau$e in < Hto lin<* oi liOtii**. We should not l>? i?rpri?*d m h?ai Ing wiihiu ? w?ek or a litre* ba|ti? on ilii? advanced c. wbarevrt it ma? be." A^ tliii wt?wiifi?*n iuoii limn a week i|., n?wi of lb? light Ma* Wmefoie itatsb ua a| auy mo ment. it tii*' c*lcolHtion? <?f tin* /.$<i,e eonmi .Jt?<k!>oe *o ? iiHoriimd. i? only retiring till h# #et* the column of l>?nu* ?n?i ?he olnuin Of M?.D?>well bulb in bi? from. dm! tlion lie will ?i?e the?n bailie >>#in? j tin# lighting mnn TU<? J<ao>> bou'9> Ibut jhwir ? ''?ti ^hiy our* am where dfl tb? ??vain ? limy- *hei* U? only HO't'ted ftv the *li| ol oni gnnbon'a An<l ihi* * t,ha i#a*>n ?^?!gnpit fvi bn'0(f ny the 'd*ci?ivt battle in tha intaiiot tboa j i?iifv*i!|? the ?u*|sif,iori w, i* eii'.U lliie-W <|'U ,11 tll*>.? ^1'iunt, til*!, iauving a comjidiat>?dy rn,*H ffirr*? at York town In ,e?0 "VM Ultltfi in te H "i# ???) Wfji?t?| *; .'Dipt to Lutl UK I niaiu a; my anaifM and MoDowe in oftfj- t ? ni?h 'jieijj in ... ,ii Wfo * ihay 'inld iiiii* with ea<:h oihec M w ill W' l lellai it ,a iftuie ban jio*? a.h e :>m !>i* i? tbeir afateg? ?o<l U n ui? douht*)ly wi)?l tu ??"* *<??! n!? w<wil?| do vt.tin tht til uniitan<.?? flia ;?? iaT^ 'bat 0?iml>*'i ol he :e1>?-| tro'i|>i ' i *j?tiatirt(< mi tha hne? north <>f Ricli nunii i* ? ample 'o witliaUnd *?'! r?|>u!a? ti.a forre( of aD'l MrDot*#!!: 'n?l 'di* ' narlr?f<?ji \U,. . oiry a?vir*? n# that "On'-ta. l.e#, (>Anaral 1 Jobniton ati<J ( ianaral Kandot|>b. Ih?* try of War, concur is iba l oolidant bfli??i thai Ur? OonfoJoratoa will oortaiuly lm? Sun iu*a?ling ftituiea in Virginin. and tbat Klcbftiou4 oaouui ti<? takai." It W wltli# Tor |ba ?>? ' p*rtment at Washington to inquire whelfcer any false strategical step ha* beeu taken on our ?Ida that can justify this apparently strong oon f.deuce, and, LT ao, that the error be rectified be fore it u too late. It is barely possible that th? Richmond Ex aminer may have published the article we have quoted to mislead our generals, in order that MoOMlan may be woakoned by tending reiu forcemeuts to McDowell, and thus bo made the prey of Johnston. Tlie Richmond Dispatch, in deed, of a later date (the 26th of April) pub lishes an article which rather conflicts with that in the Bummer, and places the bulk of the army in Virginia still at Yorktown. It says there is a more powerful force under Johnston, in the peninsula, than that with which lieisure gard defends the Southwest?a statement cer tainly iuoonsUtont with the idea of another force sufficient to repel sixty thousand men being oonoeatrated north of Richmond to meet banks aud McDowell. One statement or the other is fals?; for the whole rebel army in Vir ginia cannot amount to any such numbers *? would make both true. It is important that the War Department aud the generals of our army should ascertain where the truth lies, aud act accordingly. One of the South era journals console* Itself for the news of the disastrous capture of New Orleans by the consideration that "the large and fine army which was assigned for the defence of New Orlenns can now be united with the army at Corinth in time to assist in the great work of driving the Vaudnls out of Tennessee and Keutuoky, and in * march hciom* the Ohio." The writer goes on to urge the iuvasion of the Northwost by Beauregard with 150,000 men, while, with 150,000 more. Johnston in vades the North and captures Philadelphia and New York. This is gasconade of the tallevt kind, to break the force of the stuuning blow of the capture of New Orleaus. While Ilalleck takes good care of one, McClellan will dispose of the other, and our Southern couteniporury may rest assured that neither Beauregard nor Johnston will ever set foot on Northern soil unless as a prisoner of war. The Debate tu llio Hohm on tli? Com mittee of Inquiry Into Contract*. The debate in the House of Repre sentatives, on Tuesday last, on the report of the Committee of Inquiry into Govern ment Contracts, is full of interest and vory t>uggestive. One can hardly peruse the seve ral speeches of the members engaged in this debate, or reflect upon the spectacle exhibited, without a painful feeling of comminglcd sor row and indignation; of sorrow ut'discovering that at such a groat crisis as the present patri otism and the desire to save the Union enter less into the rniuds of the radical Jacobin re publicans than the love of gain ; "I indignation at the thought that men who posse -s such in* maculate political purity should be found oi? the side of peculators, plunderers and con tracting gamblers, endeavoring to thwart all tb? ?nv>iu of Ooiigre<? to search out and unmask the thieves and robbers who have laid thoir rapacious hands on the Treasury. Such an open and daring onslaught on a committee of investigation was never before seen in-the history of parlia mentary bodies. In the English Parliament such inquiries by committee are of common oc Curreuee; but never, we believe, ha* been seen in the House of Commons such a spectacle as a body of men in the House itself ai tacking a committee aid seeking to save the guilty. Il was not until the moral sense of the com munity had been shocked by the announcement of gross and outrageous frauda committed upoft the government; It was not boforo the voice of an outraged people had loudly called lor inves tigation, that this committee wm appointed. In due timo it makes its report, bringing to ligllt transaction* the enormity of which is a dis grace and a shame, and enough to maKe every honest man shudder. P"l whst dv wf wituw# in consequence? A nunil>er of individuals be longing to the party of Creel"? pure*?n*u who, like that general of the black brigade, have held themselves up to the public aa ah*? lutc inniaculale? and incorruptible opponents of jobbery and frauds Mar! up instanflv on the floor of the House to attack the commitland its report, and dei'eud a 1114 in her of the most sbaiiskl?ss plundereis ol their country. l/i the ds'oate Mr. Conkliug. of New Yotfc, opened iti# ball by protesting agftin?t th? origi nal formation of the committee, denouncing il most illogically au "adviaory Uoai^ct io supervise questions of integrity relating . ro every "inn oug'ged in the administration of depait mental atl'aira." But this v?i y point which he ?-?(iil? ao fiercely i> o:ie of tjie first and highest duties and privileges i?t ft parliv mental v b'Kly viz: to inquire, (o investigate and senrcit out into fraud* a Iter ting tho nation. The ' extraordinary gentletuxn from Neir York," m Mr. Waahburne ironically called Sfr. Conkling?aod he i< mi extraordinary gentle man; <40 are they all?all extraordinary gen tlemen who hare labored against the vil^1 interest* of the country, and sought to uphold and screen men engaged in plunder. injE and defrauding the people, the aim/ and tb? government this extraordinary man w?s not simply satisfied with attacking the Hou*e itself in the matter of privilege: hut* he went further diaijitalifying himself for the title ironicaU* bestowed upon him aud descended, in hi-< effort* to produie an tointeaaiott against tli? r<unuittle? to the me.snnevof i-httrgiog i hat tbic . <jtHniit'< e had, a* is nnifoiml* ti.e preetioe with all ttavelling (ruinniit*e-?, i *ee ve<( p*j uietvt ill its expenses. tithe' extraordinary gentlemen ai'.icked the report, J>nd labored to throw the ,igi? uf rheit patronage cv?i a. gang ef plunderer* and rob li?i> t tie detmie i?a\ed *anu aini >v?* ren .!?? v'l (|ni'e ioiere?vintf,by the a|>|? reply of Mi >Vj4'jt?urne. >vkm mm the whole pbal hit '.sine in hand end dtova them to tt.e vn|| jneiudiny Mr Vereut, uf I'ennsyUattia who. in a fouuar ?iebti!?. h id the nam* ground in suppo:-; of peculation and peculators I lis i.-<u?i h. of ail these p#r?oti? * a* ?et in it- trite |ig:i| t,v this gentleman. AHogethm it am* n spiey and anitii<'ed d*b.?tr Slid will h? pro diuilvs of tnu'.'h jjoort The insidious np ponent of investigation, the sustainer* of i mm and robbery will now tind the coun* tty Ot">e determined than -v. in insist ing upon harijig ali plunderers and thieves hunted rip and punished tNingi*** will se? the necessity of doing its dnt? In the premises unmoved by the ettaoks and special pUadlng* of ai.me of their own hod/, who, by solicita tions at l?Mt, ace UHle battet tliM (wrffeqpa or#lf?t*e Th? Phllotuphf of Taiutlou. The Old World, after long trial and ex perience. ha* made the discovery of a general principle which may be considered m an axiom in the philosophy of taxation. It is, that the smaller the number of objects taxed so much the bettor, both for revenue to the government and ease to the people. There are many advantages gained by acting upon this principle, one of the chief of which is that it naves great expense in the collection. Another is, that a large revenue may be raised without odious and oppressive interference with indi vidual and domestic privacy. In conformity with this rule, England has of lato years abol ished an inlinito number of small and oppress ive taxes, and oonfines herself to a few simple objects of diroct taxation. Her greatest reve nue is derived from taxes few in number, such as the income tax, that on spirituous liquors, tobacco and salt. France follows a similar policy. Our Congress, not heeding the admonitions of experience, has begun at the" wrong end, and has acted upon the plan of a small tax upon an infinite variety of article*. This is radically wrong. Much the better policy is to tax a few articles heavily, such jis tobacco and whiskey, and to derive the ohief revenue from them, rather than to plague and torment the people with an endless number of small taxes, Imposed upon a great number of petty articles, cuch as watches, umbrellas, and so forth. It is a delusion to auppose that such a system would be less onerous to, aud better received by the public, than a heavy taxation upon a few articles. Not only will this method of taxation subject every family to a must odious system of espionage and inquisition, but it would turu out to be very unproductive. So large a force of taxgatherers would be required as to swallow up the greater portion of the expected revenue in tho expenses of collection It is tie old mothod, which hus been tried in several countries in Europe and fouud want ing. It is also extremely obnoxious and dis agreeable to the people generally. England is at this day more highly taxed than she was fifty years ago; but, from the im proved system now adopted, there is not half as much discontent heard in that country as for merly U9ed to be the case, when hat?, watches, wiudow lights and othor small matters were made to pay taxes. In many of such small things it was found that the produce of the tax was no more than barely sufficient to pay for the collection. Congress, it seems, has listened too easily to the piteous complaint* of indivi duals interested in special articles of trade, and under the pressure of their iculamation* has resorted to the erroneous philosophy of ft v;w)t and multifarious system of t&xatiou. Thus, for example, in the case of tobacco, a oommodity which rnifcht be made to pay at least a fourth or fifth of the whole sum re quired to be raisod, Congress has fixed the m-axiutum anwouiit of the tax at about ten cents per pound. Now, according to the true law of the philo sophy of taxation, this is all wrong. Inatead ofeo -<ii\all an amount ou tobacco, with use* of a at ill (mailer am.nnt on an iutiaiie variety of other matters, it would be wore profitable to the Treasury, and 1cm burthensome to the people, te wipe orl one-hall or more of all thil potty taxation. and tar tobacco, <*a.y forty cents pet pound, which would produce at once a re vuuueof afxty millions of dollar*. This is the tme policy. Can anything be more absurd than to expect to raise a revenue by taxes* upon broouia. wooden pails, churn*, straw hats, watches, bon neta, men's hats an4 oups. hoop skirts, ready made clothes, pins, umbrella*, parasols. wooden clocke, nails, wire, shoe blacking, stockings, shingles, shoe la-'ts, shovel handles, yachts, pianos, silver spoons. ?frc.. Jrc., Ac.'' All this is aHftiu>l, and if it were not a highly dangerous experiment it would be perfectly ridiuuloiuj. tiuch a ay-tern?so petty, so paltry. ho mean?would intfome the miuds of lie iifost patriotic, most IToion-devoted mea. ll would expose our homos and firesides to the met odi ous and vexatious intrusions and iu^uisito rial examinations. It would be intolerable; nay. it would be euotigh to raj-e another reliellion and a not am civil war ot' * formi dable character. Surely the genius ot folly, madness and stupidity dictated such a system. It is altogether opposed to the true philosophy of taxation, and to the plainest dictate* ot put dene* and common son-e. Siicb miimtn taxation is easily levied indt roctly by t'e various custom hou?e? on impor. taliona; for rben the article* are alt brought to gather under the eye of the collector, and the pnMic is not tormented, ? few importers paying ?11 the duties. Hut it will never do t?> create an army of internal collector* to hunt up all these little articles in the dwellings of the people, and then collect a tax upon each oriV It is not only sb'urd. bill impracticable It would seem a* 1f tlie bill, a* it thus stands. ba< been concocted by some custom house officers, according to the custom* systeir. But it will never do for a ey-tom of direct taxation. We lepeat, it is opposed to tried experience and is contrary to every sound principle ot the phi losophy of taxation. A (ir.-KKU. B*v*ntt?r l,*w. Sine* the bill repotted to the House of l(epre?eutatli .? \,j .Mr. Oonhling wa? laid upon the table thus \ir tuallv disposing of it for the pieernt s? sion. petitions tja*?* b?*n daily pouring in from ell parts of the country, prajlng the House not to | ad'otirn without legislating upon t!:?? -'Hi e. i of j ! i* general bankrupt lav \\? finselvei ,ue f j ' onsiantly in the veCe'pi ot let'e ? el'iug ,ipon { ns to press the matter u poo ( ?uiair-sa ^'ohave lo^l ii<? upportuuiiy ol earnest Is ??n'orcitift the necessity of the immediate [?????>:?? ol this or i s.uiie othet bill sflordint tw< * u be tain*1 c|as? ot bisn?*>l but uufouumue trade)? who are dm- ? ,b!?ii, by the abo?nv<i of the protection which a ' bankrupt law would afford then . ?-<.uniliig business on their o*u -V i. ml I' lh?"e a Jie.-e.sits for itl Old'*.9I V times, there i- a iloubU* necessity t?#t it no?f c< ii any inte ' Iih?>ij utiued by the rebellion. \ me-ianr* which wtoilil ?mih'')?- these persons to commence their commercial i?ie"i afresh ?ml which would at the sauia tliue provide *ev??ie punish j wants tor fraudulent traders, would tie a treat . bo<>n to the country. Ii would contribute if. the impulse wliicti business of every sort will * J i#?. eive when the war is ended, t-y helping to f taatvre cmltldeniie ami to i"r?Ier commercial | operations more secure We tr st therefore. that Congress will not *eparaie Without parsing \ , the present or tint? othei enactmentwhich will ; meat the requirefuenU of our business commit- ; nUy !<ott to tt|e Tex bill thie is one of the meeeure* m?#*t (temend'nl bj the neresdttei of I the (*ono,-?7 ftfir D4r?Yertprday wu an osforoww day for those whom tha inexorable usages ot our New York ay stem of house letting compel* led to move their loren and potato. Nothing could exhibit more unpleasantly the absurdity of the custom than the piles of costly ftirniture and bedding that were to be seen everywhere ptit* ing through the street! under the drenching rain that fell throughout the day. What a num ber of careful housewives and particular old maids must have had their hearts wrung and their tempers soured by the damage done by it to their goods and chattels. How many agaia must have had oooasion to curse a mage which compelled them to move into a tenement just as its last occupants were leaving it There is not the slightest excuse for the In convenience and annoyance to which house holders are thus exposed. In European coun tries houses can be rented at any period of tha year, there being no particular day for an an nual "flitting," as with us. Here the custoa originated in the avarioe and tyranny of land* lords, who sought by it to keep up an artiflolal value for house property. The war will rectify this, as it is already re forming many other abuses. Landlords ara learning that it is better to own moderate sized houses, the value of which cannot be dia turbed by commercial or political revulsions, than expensive ones, the rents of whioh ara liable to depreciation from every passing crisis. Thus, while mansions whioh were renting al from one thousand to three thousand a year have Bunk from thirty to forty per cent in value, the rents of =iraall houses have under* gone no reduction, 4and no diffioulty is found ift letting thom. In fact, this year it is, as a gena* ral thing, found impossible to let large house*. The altered circumstances of the country hara deprived people of the means of keeping of heavy establishments, and the prospeotira visits of the taxgatherer render those who poa* sens settled income* more careful than ever about their expenditure. Therfact that an iat mense number of houses remain unrenled at the commencement of the present quarter will in itself go far to abolish the foolish custom of compelling a whole community to move as May day. Many are holding back, from a ooar viction that some weeks hence landlords Will be disposed to let their houses at lower ratei. Thus the first step is taken towards abolishing this inconvenient usage, and in another fd(f or two we shall probably witness an entiva change in the present system of bouse lettiag. IMPORTANT FROM WASHINGTON Official Reports of a Day to the President. The Capture of Fort Macon, Surrender of New Orleans, and Retreat of Beauregard to Memphis. Appointment of u Collector for New Orleans. Military Governors for Reeorertl States. Debate in the Senate on the Con fiscation Question. Proposed Emancipation of the Slaret of Rebel* by Proclamation, ??, *o. at 4 W4Jaui^i, )ut i, toea. oArfi'ES or rosr macon?s<jubjihd??? or ?nv u*LjhANS-jiSAVeifO*ao aaTRSAriHa to m ? -*? < Tli* >YM?d?at r?'?ivo>l w-ui^toOl It^paU-h from far tii*. HMRoa, atating that * Rictmoad f>*qvirer rooatraB ?nnouiip.M that Kort kion had eapitul.Hod, Now OflMDj torma.lv aurraaiarod, and that Baauregard wa* f^U.og band ?*Uh tin ?lij\i army to MooM>hia. llll NkW ?TAT* OOVBRXMXNTd-OPKNIKO TEAM if NKW 0KLSAN8. 'Ihe lUm. F4w?rd Stanly u n >w oa bU ?a; froaaOall. loiOi*, and wl'l (>? lioro in a faw day a. It U known thai In* i.oio?4 at tha raq'iaai of the Praaldaol far tit* p?r* l?i-a of ukiDg tho offloa of Military Oorornor of NortB Carolina, his uatT.a .^iata Ha fortuorly rapraootad tha '-Old North" In Congroaa, ml ?h a prooilnaat whlf politician. It ,a uiidai xUtoit that tba a-ioiinUtratioa oavo aboad/ on. a.- two ;u unit-ant gantlaman la vlaw to ooonpy Uka Mtin loaitioa ia Loo la I ana Tha Unloa:ata of thatStata * a ?m>( <ad to tha appointment of Major Uottoral Bolter latitat offlca.an! ara in hoi>?a that tho Fra.iOaal wltt aal* i an; otliar otan." lua Ptaaniaat aout into tha Saaato to-dar Ibansaaina tivii oft iiai im C. fatbrop aaOalleator of tha port af Now inl??jia Vow that that port a oponed tha aarchaaM ?ha w.ra analous lor tha arrival of tha"Yankaaa," la i?i4.i to (at battor prlcaa far tbalr gooda, will haraaat opp>ri ijiily afgltiag tha njw colloctor a good raoopuo* APrai.vriniyn ouKPHtscao. i'h* aouato to-A*f, ui acaontira taaaioa, coaflraaoB tha ro"owlD| aomioai u0( ? < uar'aa I. tjuhrop, to b? Oollootor of Cuatoau for Ma Uia-lat of Now Orloana, La Thtj goottaoaan foraaart? raatdau m Now Orlaaaa, but loft thai a on tha braakttf out or tha rebellion w T Ahertaaa, Ma tor fJeaaral. Annual P. Cartar, of Taainaao, Brigadier Qaaaral af Vwiuataera f i?maa < baj?al, of Nebraaka, aa4 J Thaodora Beard, of t(???a<bwaatu, Hi i (ad a durgoaaa. Ohai *. M. l'ro?ivtt and Cyraa S. Haldaataa, hath af Paauhylvau j.aui itu rallua V. O. Atroag, of Now Tark, km ntaat Adi-iiauta (Maoral, with raak of oaptaia. K li. Wii.aiU or tha Ihatriel oi Ool'iaibia, CoBuilaaarf of sMix-.'aaii*. naval APronrriUN-ra. Iti. >'?rjr uapartiuaut haa uiada tha followia(appatat mania ? Cbaria.o .vatl, at Boatoa, Uaatar a Mala oa tha Oaaa bei and, promotOil to Acting Maatar, ?tv| ordaraa to tha B<amii Na.y taid rtall.r H Bl.tiohard, of Boaton, appoiUlea Ael<ag Maa tar, aiKl ot'iarad ta Hnotoa Na.y Yard I, -iu.i ant Uhariaa V ' arj-antar, ordarad to Uait?4 stai?>a .loamar f lag tn ratio.? Acting Liautaaant B Z. ttoi an lay . or.t?!a<l ta tlio cufflnaand of tba Kort Haa rf. I-MORU^RU fimf OF ril aiNATg MILITAkT QOK Mil 1KB to i Hit t*MT RBrORB YOKBTOWN. rii.- i?t' 9* t:io -aaato Military tvinmuioa to thaaraaf in ?iont ot Yorktown haa t>o?u poatponad till Tuaaiar i ?(t, on *" ouat 'if tha lndlapoait:on or Saaator Kii a and tta* .tiparai r .rnianiioof Sanaloi (aik.ra Thia nau ?f lb. i,jtM?itiao to tba acaoa of oparatioa. of Oaaarat Uc' lailan ? arm/ atlurdaaglioag proof of tbaoo?14aa4a ?nt?riala*d iu bia ability to)?to?toama l? a<ioc?4a thaaoiaa* hand. Tha/ ay.dantly a<>naldar u.p tlc iatlaaa i ??.1M M iaia a nafar plaoa thaa ona of tha ooaamittaa tho ght iba aity nl Wa?inng<po waa alaotat o?afaarafo, 9KN* I ON ?t MVBR'H tM4?lf OX TBB OKfOM (??>?? BAU. taaatar jjuaiaai, ia tua aat ipoaah upoa hia raa^ljita* I"??*IW04 furtbav lagn^tioa *P?* ^lapoaai of om ti ?i>*ti4?. waa tar j aarar* ?P?? Oaaarala Haokar. UaaH, MaCook gp<i ftgHaok la ?ha oplaiaa if tha9a?a^r,all tha lauiaia that a gawaral may gathar la tho battlg HU wiiat witbar if baa hoy 14 roatoro a w?a to hU a?Mf, t?4 ?* .tiaUo* baw ataur ?a? arta ? 4b.