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NEW YORK HERALD. JiMKS GORDON BKNHETT, EDITOR AND PROPRIETOR. OFF1MEM. W. COBNBB or FULTON AND NASSAU STS. TERMS oaMh m advance. Money by mail irilt he at the frisk a/the Metider. N'iu but Hank bills currrnt in Keie York THE DAILY HERALD. tivo r*ntt per mjtfj $7 per annwn. THE WEEKLY UEKALD% every Sat unity, at six rent* per ropy, or $$prr annum, the European Edition retry Wednem.lap% <U wix rmt" jterropy; %i i >er annum to any jtart of Great Britain, ?? $6 12 to any yartoi tie Con/,if nt. both 'o imlwie pont ine; the California Edition on the lat, IMA m;i Hst ofeah month, at six wentsper ro/w, or S3 78 tier itmium rffff FAMILY HERALD, on WV.tn?Ja*, a< four cents per BOp*, or S3! per o*nu<. rOLUNTARY VORRESPOtTDESCE, containing important ttmcs, soU.itnl from any <iuarter oi the world; if ?rM Itbe My paid (nr. tqpOVH PoBKIGS COBKBSrONDKITT* ARB PaBTHIDLARLT RltyCBiTIO TO SKAL ALL LkTTBBS AMD PACC *UM SBHt US -YO IfuTiCE taken of anonymous correspondence. Ws do not OVtorn refer ii emmmsmicnUtms. AltVEKYfSHHEyTS i rneicnl every day: ndverti*-m*nts in verted in the Wkkelt Hkbai.d, Kamilt Hbuald, and in the California and Europaait Edition*. JOB rRiNTINQ executed icith neatness, htajmeu and <i?> patch. ??tame XXVO No. 156 AMUSEMENTS THIS EVENING, lulO'l QAEDEN, Broadwbj.?Thb Euciaituh. WALLACE'S THEATRE. 8M Broadway.? Flu Mb* or m olu^h tihb. HEW BOWKRT THEATBE. Bowvt.?IdiO* of TBI HoUMTAina?A.nchou or Hurt?Umhibus. BOWBRY THEATBE, Bowery.? Hbcmit Or OTTAWA? fsvoo's Dbbab?Wojd Dkbob. BARNCM'8 AMERICAN MUSEUM. Broadway.?Baby 8m..w?Com Nctt?Livimg Whalb, AO., at All hour*.? Aoblaiuk or iiBui'KH?jous afternoon and even w BBTANTS' MINSTRELS. Mecaanica? HaIL-472 Bread Way.?vtHo StUIK* iilLLT PATTSKSOir. AMERICAN MUSIC HALL. M Broadway. ?Soxos, BuuLKSyil 8 L> ASCB3 AC. OAIRTIB8 CONCERT HALL. 818 Bxowlway.?DkaWIXO Boom E.-ocbtaikbbhts, PEOPLE'S MUSIC HALL, 45 Bowery.?Soiics, Dawcbs, BukLBSyLBB, AC. PARISIAN CABINET OP WONDERS, BBS Broadway ? Open daily from 10 A. M. UUI P M_ New York, Saturday, Jane 7, 1863. DAILY CIRCULATION OF THE NEW YORK HERALD. Monday, June 2, 121,776 Tnesday, June* 3, 122,400 Wednesday, Juno 4, ... 120,960 Thursday, June 5, ? ? - - 120,720 Friday, June 6, - ? - - 121,320 Daily Average, - - 121,435 THE SITUATION. The latest news from General McClellnn's head quarters, np to this morning, is to the effect that deserters from the rebel army report that General Joe Johnston was mortally wounded in the groin daring the late battle, and that General Smith is now in command of the rebel army in front of Richmond. General Magruder is reported to be about to resign his command, being disgusted with " the military administration " of the rebel gov. eminent. The people of Richmond were in a fearful state of excitement daring the action of Saturday, Sunday and Monday. The house tops, and the emi nences around the city were crowded with specta tors, and when the rebel troops were seen to run towards Richmond the utmost consternation pre vailed. Crowds of people were abandoning the city and crossing the James river, in the expecta tion that the rebel capital will soon be occupied by the Union army. All reports confirm the fact that the condition of affairs in Richmond is terrible. There are no troops in the city except those doing guard dnty. The whole rebel force is outside, oocupying the defences. It is also stated that there are no rebel troops now between General Mc' DowelTa position on the Rappahannock and the army of General McClellan. We publish today another instalment from our correspondents of the story of the battle of Fair Oaks, which will be found exceedingly interesting. The New York troope have behaved splendidly. General McClellan stated that the bayonet charges of the brigades of General Thomas Francis Meagher aad General D. E. Sickles were "the most stub born, sanguinary and signal of modern times." They repeatedly advanced with cold steel on the enemy, who every time met them vigorously, but they finally cleared the field. Our additional list of kill-- ' 1 wound d to-day is very fall, and will post* i:rnfu' interest fpr the public. The . o of Fort Wright, on the Mississippi river, was announced to the War Department yes terday, in the following despatch from Cairo:? The De Soto has arrived direct from Fort Pillow. Our forces occupy the fort. The enemy burned everything. A number of guns were found. The large mortar* had been destroyed. The gunboats have passed Fort Randolph. The news from General Fremont's division yes terday reports the army at Mount Jackson, with the Shenandoah river swollen so fearfully as to render pursuit of the rebels for the time impossi ble. The pontoon bri-lge, constructed to supply the place of the one burned by the rebels, was ?wept away, but the materials were all recovered. A portion of the troop* has crossed on the pon toons in the morning. Another disappointment ha* occurred?as nn accountable a* it was unfair?in procuring the re U?m of Coionei Corcoran and the other officer* held u hostages by the rebels for the privateers men in the possession of our government. The steamer Muft&chusetta was sent op the James River on Sunday to City Point with the privateers men on board, on the promise of Qenerol Hnger that the Union officer* would be exchanged for them; bnt when the boat arrived there the officers were not forthcoming, although a train of cars, bearing a flag of truce, came down from Peters burg to receive the privateersninn. Colonel Whip Pi* very properly refused to give them up until Colonel Corcoran and his comrades were deliv ered to him. A communication was then sent (o the rebel government asking an explanation. Answer came book to the effect that Qeneral Huger exceeded his anthority, and that farther conference would be necessary before the ex change could bo completed. It was Immediately replied by the flog of truce boat that they would remain at City Point o reasonable time, in order for the proposed further conference. This was oent to the War Department at Richmond, and an immediate answer promised the Massachusetts. She waited till the next day without receiving ony further communication, when, after sending a boot ashore nnd learning that nothing was expected from Richmond, she started on her return down Utr river. C0V01K8S. fl the Rcnnte yesterday, resolutions of citisenn gl 2i?w l'wrk ia favor of the eatallinkfivut uI ? mint in this city were presented. The Indian Ap propriation bill was referred to a conference com mittee on the House amendments. Official reports of the operations of the naval forces on the Mis sissippi, the capture of New Orleans, Ac., were received from the Secretary of the Navy. The Secretary of the Treasury was requested to inform the Senate relative to the accounts of the Marsala of the District of Columbia. A resolution calling for information relative to the mustering of ne groes into the military service in South Carolina was laid over. Mr. Sumner offered a resolution in effect calling for the removal of Edward Stanly from the post of Military Governor of North Caro lina. Objection was made, and the resolution lies over. Mr. Sumner also offered a resolution declaring the office of Military Governor contrary to the constitution and laws, destructive to the civil authority, and contrary to the spirit of our institutions. This was likewise objected to, and lies over. Mr. Sumner moved to take up the resolution for the expulsion of Senator Stark, of Oregon, charged with disloyalty; but the Senate refused, and recommenced the consideration of the Tax bill. The vote of Thursday levying a tax of two dollars per head on slaves was, after conside rable debate, reconsidered?twenty-two against eighteen. A proposition to tax slaves under ten and over sixty-five years of age was defeated?aeven teen against twenty-three. The Tax bill was then passed, by a vote of thirty-seven against one. Mr. Powell, of Kentucky, casting the negative vote. The session of the House of Representatives was devoted to the consideration of prirate bills and general debate, in which matters of general in terest transpired. Both houses adjourned til! Monday. MISCELLANEOUS NEWS. The prire schooner Lucy C. Holmes, which was captured off Charleston, S. C., on the 37th ult., ar rived here on Wednesday night. She is one of the prizes taken by the United States steamer Santi ago de Cuba, and is loaded with one hundred and eighty bales of cotton. Lieutenant C^geshall was put on board with a prize crew of six men, and ordered to take her to Boston. The severe storm on Wednesday forced him to put into this port, when he immediately reported his arrival to Commodore Paulding, at the Brooklyn Navy Yard, who has ordered the prize to be disposed of at this port. The annual regatta of the New York Yacht Club came off yesterday according to the published programme, and was a highly interesting affair. The contest was a spirited one and was admirably conducted by the committee?Charles H. Haswell, Fletcher Westray and John T. Rollins, Esqrs. The steamboats chartered by these gentlemen, on be half of the club, conveyed the invited guests and others in the wake of the n mble fleet, and the race, from the starting point to the Southwest Spit, was marked by a great deal of skill and a? tive competition. We give a report elsewhere. The steamship City of Washington, from Liver pool 28th, via Queenstown 29th nit., for New York, arrived off Cape Race at seven o'clock last even ing. Her advices are a few days later than those brought by the Persia. A telegraphic summary of the news is given in another column. It is stated that the British government will re fuse to restore the ship Emile St. Pierre, which vessel was recaptured from her prize crew and taken to England. In the London money market consols on the 29th closed at 93% a 93%. The Liverpool cotton market was firmer, at a slight improvement in prices; breadstuffs firm, bnt provisions flat. The United States storeship Supply, Colvoco resses, commanding, from New Orleans, May 13, and Key West 25th, arrived at this port last night. The stock ruarkat was not eo'strong yesterday, and prices ot several descriptions of railway shares were a fraction lower. The reaction was apparently caused by the realisation of profits by speculators. Money was easy at 3 a 6; exchange active at 114Jf a lis. Gold 104. The cotton market was quite Arm yesterday, with a good demand from spinners. The sales footed up aboat 1.000 bales, closing stiff on the basis of 31J^e. a 31 )fc. for middling uplands. The steck on band baa be come limited, and confined to comparatively few hands. Flour exhibited more buoyancy and firmness for com mon grades, while medium qualities were doll. Good to choice extra brands were firm; sales were tolerably active. Good to prime wheat, in good shipping order, | waa rather better, wbiie inferior and common qualities were irregular. Corn was firmer, and tolerably active, ."ales of old Western mixed were made at 49>jc. a 51c., in store and delivered. Pork waa in fair demand at the late redaction in prices. Sales of mess wsre made at $11 SO, and of prime at $9 a f? 25. Sugars were in goo<l request, with sales of 1,300 bhds and 1,100 boxes. Coffee was steady, but quiet. Freights closed with more firmness, while engagements were to a fair extent At prices given In another column. We refer to another column for tbe Messrs. Stuart a prices for tbeir refined I cigars. be niisiMippl River Reopened?Now for Richmond. With the intelligence from the West that the rebel# have evacuated Fort Wright, or Fort l'illow, and that the descending gunboat fleet of Commodore Davis (the successor of Commo dore Foote) has run the gauntlet of the batte ries of Fort Randolph, en route for Memphis, we think that with perfect safety we may con gratulate our readers this morning on the re opening of the Mississippi river through all the late formidable rebel obstructions, from Co lumbus, near the mouth of the Ohio, to the Gulf of Mexico, a distance of over a thousand miles. This stupendous undertaking wss practically commenced in February last, with our victories of Fort Henry and Fort Donelson. on the Ten nessee and Cumberland rivers, which drove the rebels out of Kentucky, opened the gates of Nashville to our army, and turned the rebel works at Columbus, a fortified position which. from its natural and artificial strength, w:is known as "the Gibraltar of the West/' But this Gibraltar, with its tiers of batteries and enfilading redoubts, numbering over a hundred pieces of heavy artillery, being turned, was abandoned by the rebels on the 1st of March. This was the first break in the rebel obstructions of the Mississippi. We need not here recapitulate the eubsequent achievements of our land and naval forces going down the stream from Cairo; nor the difficulties met and overcome by the squadron of Commodore Farragut going up the stream to New Orleans; nor the consequence* of the dispersion of Beauregard's great army from Corinth. The net r< suits, in a purely military estimate, along the immediate banks of the Mississippi river, from Columbus to the Belize, will probably comprehend a lose to the rebels of more than a thousand pieces of artillery, vaat amounts of munitions and materials of war, and an im mense fleet, all told, of floating batteries, gun. boats, iron-clad rams, tugs and river steamers. If by this time, the "th of June, the ascending gunboats of Commodore I'arragut's squadron and the descending gunboats of Commodore Davis are not lying together in front of the city of Memphis, we have no doubt that they will be there within a day or two, celebrating not only the reopening of the mighty rivor through out its whole extent, but the substantial ac Ciaplisliment tbe Wyrk putting dowu this rebellion in the Mississippi valley. Added to their repeated defeats in Missouri, Arkansas, Kentucky, Tennessee, Alabama and Mississippi, and to their loss of New Orleans' the rebel armies of the Southwest, concen* trated into the army of Beauregard, appear to hare become so disheartened and demoralized and broken up, with his evacuation of Corinth, as to justify the conclusion that be will never be able to rally together again for battle fifty thousand of bis late imposing fore* of one hun dred and twenty thousand men. The rebellion thus being virtually put down in the West with our occupation of the entire line of the Mississippi river, and the flight, demoralization and dispersion of Beauregard's army, a decisive overthrow of the rebel army of the East will end the war. So now for Richmond. Had not the wise and well con sidered plans of General Scott, General McClel lan and General Halleck been interrupted by our intriguing, clamorous and disorganizing abolition disunionists, this rebellion would have been to-day among the things of the past. But as our abolition disturbers and Marplots precipitated the disastrous battle of Bull run, they also contrived to break up the plans of General McClellan with the rebel evacuation of Manassas. Thus his army was divided into three armies, and, while that of McClellan was to advance upon Richmond via Yorktown, the rebel forces in that quarter between the army of McDowell and that of Banks were to be in tercepted and enclosed as in a bag. We need not say that this grand scheme has failed?that General Banks has only escaped being bagged himself by the most remarkable re treat for rapidity, intrepidity and endurance of all this war, and that General McDowell, apparently, has been hardly as useful in these too widely extended combinations as the fifth wheel of a piece of flying artillery. Accord ing to the programme enforced upon the War Department by the boisterous abolition bri gade, General McDowell was assigned the posi tion from which, in the nick of time, he could step in and carry off all the honors? A practi cal test, however, has shown that our abolition strategists relied too much upon the accommo dating disposition of the enemy. Banks has been repulsed, McDowell has been baffled, Fremont, coming in by the wrong road, has failed to catch the retreating Jack son, who knew the right one, and all these outside operations, instead of assisting, have embarrassed the movements of McClellan; for> while diverting us with their flashing depreda tions into the valley of the Shenandoah, the reb'els have been concentrating their strength in front of Richmond. There they are in supe rior force to that of General McClellan; but there, by immediate and heavy reinforcements to McClellan on the right flank and on the left, and in the rear of Richmond, we may still not only capture the city, but the rebel army de fending it, and most of the chiefs of the rebel government, including Jeff. Davis himself, who, it seems, has resolved to "die in the last ditch." So well satisfied are we tbat this con be done, that the rebel army and the heads of the rebel government can be taken with Richmond, and that we hare the reinforcements needed for the work sufficiently near to enable General M'Clellan to achieve this complete and crown ing victory within the next ten days, that we feel no hesitation in urging this plan of action on the immediate attention of the President and his Secretary of War. For the space of a hun dred miles north, south and east of Richmond, let all our available forces be drawn close around the enemy there, so as to make his capture cer tain and inevitable, and then our occupation of the rebel capital will infallibly end the war. James Henry Lane and Henry James Ray mond.?Jim Lane cheek by jowl with Ray mond. Par nclbtU fratrum. "Tell me with whom you keep company, and I will tell you what you are," ie a trite though true remark. Birds of a feather flock together. The man slayer and the Kansas border ruffian addresses a Jacobin club at the Cooper Institute, and among "the distinguished persons" reported in the New York Times to have gathered around him are Dr. Vincent Colyer, banished from North Carolina by its Military Governor for seditious practices; H. II. Helper, brother of the author of the "Impending Crisis," served with the same sauce for the same cause, and Hon. Henry J. Raymond. The lion of the evening was, of course, Jim Lane, who, a few years ago, in Kansas, shot a neighbor dead in the open day for venturing to a well near his house with a vessel to get a drink of water. This Lane held forth ia his usual low, vulgar slang, so repulsive to an aadience even of or dinary refinement Raymond seems to be ashamed of bis performance. He says he is not an "impressive speaker;" that "there is nothing marked or striking either in his thoughts or language; and his manner is vehement and boisterous, rather than effective or eloquent. He makes no attempt at argument, rarely ap peals to the feelings, and deals scarcely at ail in either wit or humor." In short, be is only remarkable for "a good deal of ungraceful ges ticulation." He ought to take lessons in rhe toric and elocution from the ex-Speakor of the New York State Assembly; for, though Ray mond has failed as a lobby manager and in many other undertakings, he is a proficient in the art of fluency and flippancy. Let him take uncouth brother Lane in hand. No Move Yet to Punish the Gcti.tt Par ties Connected with the Indiana Bond Af fair.?As far as we have been able to learn t there has been no complaint made before any magistrate in reference to the monstrous swin dle in the issue of Indiana State bonds. There are in this city in the neighborhood of a dozen police and civil magistrates who stand ready to discharge their duties in this matter, bat cannot act until a complaint is filed with them; but as yet the Indiana State officials have made ne complaint, nor have they taken any steps to mete out to the guilty parties the punishment that their action justly merits. Those officials connived at the fraud, and neglected to take the necessary steps to arrest it when the fraud was going on, although cognizant of the fast, and are now apparently desirous that all con nected with it shall escape punishment. The management of the finances of the State of Indiana by its officials has brought disgrace upon the State and blasted its credit. It is now the duty of the State officials, from the Gover nor down to the lowest official, to take a deci sive step in the matter, and convince the public of their honesty by seeing that the guilty par ties are punished to the full extent of the law. Their delay and silence only increase the ex tent of this enormous crime, and add to the disgrace of the State and country. Tlie Jtcobia Club* Or|?Blilag Agalut tlfte Preaident. On Thursday last a meeting of a Jacobin club, under the name of '-The Emancipation League," was held at the Cooper Institute in this city, attended by Dr. Vincent Colyer, H. II. Helper, Rev. Dr. Tyng, lion. Ilenry J. Ray mond and others of the same abolition stripe. The club was addressed by Parson Tyng and by Homicidal Border Ruffian Jim Lane, whose equal for violence and bloodthirstiness could scarcely be found among the demoniac charac ! tera who figured in the French Revolution. The theme of the speakers, the burden of their song, was denunciation of Governor Stanly, of North Carolina; and the design of the move ment is, by fair means or by foul, to subvert the conservative policy of the President, and with it the constitution under which the coun try has prospered and grown into a greatness without a parallel in the history of the world. Among other things contended for by Lane was the claim that the black race is superior to white. He says black babies are superior to white, and the only reason why they are not superior when they grow up is the lash of the slaveowner. Upon this opinion about negro superiority be founds the necessity of emanci pation, and holds that no slave State can be received back into the Union. Dr. Tyng asks for what, if not fdr emancipation, have fifty thousand Northern freemen fallen in the pre sent war, and he announces that the principal object of the Emancipation League is to pre vent any State now in rebellion being recog nized as a member of the Union, except on the condition of emancipation. This is known to be the plan of Mr. Secretary Chase, and by various intrigues he is laboring to carry it out, in opposition to the policy of the President* ITe has been mixed up with the mission of Pearce to South Carolina, and with the raid of Colyer into North Carolina; and we have no doubt that he is at the bottom of the Emanci pation League and the Jacobin meeting at the Cooper Institute. Mr. Chase has not act ed in good faith. When the war be gan he came to New York city and applied to the conservative merchants for money to carry on the war. He ob tained it on the faith of the President's pro clamation and his own endorsement of its views. It was to be a war for the restoration of the Union as it was before the war began. But no sooner does he accomplish his object than he turns round and goes to work to make the war a war of abolition. If he had declared this purpose at first, how much money would he have received ? Not a dollar. Very different has been the course of Mr. Seward, of whom, though we have said some hard things, we must con fess that since he entered the Cabinet he has displayed the highest statesmanship. His opin ions, and, indeed, the opinions of the whole Cabinet, cxccptfog Mr. Chase only, are entirely at variance with those of the latter gentle man, which are supported by the New York Tribune, the Times, Post and other Jacobin journals. It does not appear that Raymond spoke at this treasonable meeting, whoso declared ob ject is to prevent the restoration of the Union and to supersede the constitution; but yester day morning, in a leading article in his jour nal, he endorsed its principles and threatened the President. He charges Mr. Stanly with "enforcing laws which shock the public sense of justice and disgrace the civilization of tbe age;" and he intimates to Mr. Lincoln that if he does not repudiate the action of the Military Governor of North Carolina he will "speedily find himself responsible for slavery, and com pelled to answer at tbe world's bar for per mitting its existence." The President has so lemnly sworn that he "will faithfully execute the office of President of the United States, and will, to the best of his ability, preserve, pro tect and defend the constitution of the United States." Now, Abraham Lincoln is not President of a part, but of all the United States?as much the President of South Carolina and North Carolina as he is of New York and Massachusetts?and he is bound by his oath to carry out the constitution in the Southern States as well as in tbe North ern. Tbe constitution knows no North, no South, no East, no West. It recognizes no distinction between slave and free States. When the constitution was formed there was only one State in which slavery did not exist. It has been abolished in a majority of the I original thirteen States by the action of the State Legislatures, the only way in which it could be abolished. The constitution ex presAly recognizes the right of property in the services of slaves under tbe State laws, and that right the President has sworn to protect and defend. The Emancipation League, Jim Lane, Dr. Tyng and Henry J. Raymond, propose that be turn traitor and perjurer together, casting his oath to the winds, usurping the sovereignty of the people and changing the form of the government. Because certain Southern men have proved traitors, therefore Mr. Lincoln ought to cxcel them in treason, and delibe rately destroy whatever interest the people have left in the Union of coequal States founded by George Washington and the patriots of 1776. And if Mr. Lincoln will not commit this crime he is menaced with being compelled to answer at the tribunals of the Jacobins, who, immediately after his inaugura tion, gave him to understand, through the editorial columns of the Timm, that he would be "superseded'' if he did not commcnce hos tilities. At that time tbe obligation of his oath to maintain the constitution was urged by the name men who are now calling upon him to violate his oath and the constitution. The President, in his proclamation in April of last year, and in his message to Congress three months ago, has declared his obligations and his intention to respect the slave institution within the limits of every South ern State. Could his deputy in North Carolina do less? As to the noise about the education of the negro, it is all sham and humbug. A wise statesman once said that ail sound education began with the stomach. The people of North Carolina know the negro better than we do, and will teach him to work for a living. What right have we to interfere with them? If we attempt anything of this kind the war would become chronic, and would not be ended in this generation. That tho rebels will be defeated in battle after battlo there can bo no doubt; and the decisive battle, proving the superiority of tho federal arms, will soon be fought and won. But if the fanatical ideas of the radicals were to prevail, our troubles would only then begin, and, though tbe rebols were whipped, the restoration of the Union, for which tha war was i inaugurated, would be as distant as ever. Important Political In the State* The arrival of Thurlow Weed from bis visit in Europe has set the politicians ot tho political cliques, factious and parties of this State in motion, and there are already indi cations that we are on the eve of important political combinations affecting eaob and every party in the State. The old political parties? the democratic, republican and whig?are al! in a chaotic state, and one mass of confusion. The different elements that compose them fere float ing and drifting about in a general mixed and disordered tumult. Old party lines and divi sions have all been destroyed and wiped out of existence by the surging waves of tho mighty revolution that was inaugurated with the re bellion. The old party ties and issues have long since been buried by these revolutionary waves, and are no longer binding upon, nor control, the action of the masses. Out of this chaos new affinities are being made and new lines drawn upon the great questions of the hour?the living issue of the year one thousand eight hundred and sixty-two. The abolitionists and radicals, taking advan. tage of this universal confusion and unsettled condition of political matters, have organized an Emancipation League in this city, and com menced a series of lectures on last Thursday evening. Their arrangements are made> and being made, to extend their or ganization throughout the North, with the intention of organizing a party into which shall be drawn the abolitionists, radi cals and extremists, hoping to be able to con' trol the elections and fill the State and Con gressional offices with fanatics, and thus carry out their schemes to overthrow the constitution and destroy the Union. While these conspi rators have been actively at work a great con servative movement has been going through the incipient stages of formation, which the arrival of Mr. Weed has in a measure opened up to the public. We understand that a pro gramme for a conservative union has been arranged, to bo composed of the true Union men of all the old parties?democrats, republi cans and whigs?upon the basis of endorsement and support of the conservative policy of the President?tho restoration of the Union as it was, the constitution unchanged and unim paired?leaving to the several States, as they return to the Union fold, the control of their local rights and interests, the same as in former days. We understand that this programme for the organization of a great conservative party has been prepared and agreed upon by the conser vative loaders, and is ready to be submitted to Mr. Weed, and will, no doubt, meet with his and Secretary Seward's approval. It is con templated under this arrangement to nominate, by one or more conventions, Horatio Seymour for Governor and William M. Evarts for Lieu tenant Governor, no doubt with the intention of obtaining the endorsement of the people for he latter, and then sending him to the United States Senate. Should this general conserve tive organization be fixed upon, the local orga nizations will be adjusted to it, and none but high minded, conservative and true Union men be nominated for Congress. And, thus fortified, no person can for a moment doubt but that the Empire State, with its great commercial interests, its future prosperity, power and influence at stake, will ghe the ticket an overwhelming endorsement, and roll up a majority that will effectually end in this quarter all future efforts of the abolition conspirators, as well as Secretary Chase's and Collector Barney's black party, which now seek the total destruction of the Union and constitution^ No doubt the intended reception of Thurlow Weed, who is considered a great man by some of the politicians, had something to do with this movement. His endorsement of the pro gramme, however, may be considered morally certain. With this conservative Union party fully organized, and its Union platform laid before the public, the conservative and Union loving people of this State will rally to its standard, and but few weeks will suffice to con vince the most scrupulous person that its suc cess is certain and its overwhelming triumph sure. The Congressional and legislative nomi nations will then bo arranged on the same basis, and the record given for the Union and ! constitution at the next November election will be such as to cheer the heart of every Union man and of overy lover of tho consti tution that Washington and his compeers gave us throughout the length and breadth of tho Francs and thk Umtkd StatKa.?"Ev<ry Ixxiy k.wics that the future of Havana depends upon the success of the French expedition in Mexico.'' These ars the sphynx-like words of Napo j,eon forth to the world In the columns of the Fatrie, and which have creatcd almost as much sensation in Paris as the few ominous words uttered to the Austrian Am bassador at the famous New Tear reception previous to the war with Austria. Wo think these words may be interpreted as follows, and that this highly coudensed sen tence may be amplified thus: "Spain has done wrong in separating herself from I' ranee in this Mexican enterprise; or, at least, the Spanish General Prim has done wrong, and it is to be hoped that Spain will not recognize or authorize his secession from the French alliance. But why has Spain done wrong? She has clearly acted against her own interest, and even put in jeopardy the Integrity of her dominions. Does not Spain know that Cuba, standing alone in the midsf of the An tilles, with no power close at hand to give sup port. must inevitably, in the course of a very few years, fall into the hands and power of the United States? Does not Spain foresee that if a footing should be gained in Mexico by European rowers there will then be a strong support for Cuba close at hand? Hence it is manifest that tho future of Havana depends upon tho rosult of present European action In Mexico." 8uch wo oro inclined to believe is the ra tional interpretation to be given to the ex pression contained in U.a Fairie, and which i? believed to emanate diroctly from the Emperor. Sonac of the Paris journals intimato, how ever, that the words convey a threat against the United States. The idea is not so vory absurd. But, If such really he the case, Prosi dent Lincoln, in reply, might say to the Em peror Napoleon :? "We have a word or two to say to your Majesty on that subject. Within ten days from now our war against tho rebels will be ter minated by the capture ef Uichmon.fl. We shall then lmvo seven hundred thousand veteran tryoi * and a fleot of four hundred mon-of-war. with guns innumerable, ready for action at in^ point. If a sister republic should call upon us to assist her in the hour of need we shall feci bound to do so, and then who known but that Mexico may become your Imperial Majesty'* Moscow! Furthermore, we have conservative heroes and princes among us, fighting valiantly in our armies, who will be ready at any time when the occasion offers to take the lead of the conservative and all the other parties ia France which stand ready to rise at any mo ment to put In force the old and regular con i stitution of France?revolution." Tub London Times' Own Correspondent.? We have been highly amused with the attempt made at a "correspondence," by Mr. Charles op Dr. Mackay, we know not which, exhibited in the columns of the London Times received Thursday by the steamer from Europe. Thia gentleman is, as it seems, the sucoessor of Bull Run Russell in the department of American correspondence with the Times] but, unlike Russell, he stays at New York, picks up a few fragmentary pieces of Intelligence from the Tribune and Times of this city, and makes his comments, most commonplace and trivial, on the items obtained from sach doubt ful sources. The position of a second hand observer, with no other information than thai derived from the daily papers published in New York, is not, we confess, a very favorar f ble one for a correspondent who professes to give an account of great events occurring at placee far remote from his point of view; but even such a position would, by a man of talent, be made more available than Mr. Mackay has suc ceeded in making it. Any commonplace man seated in a counting house in London, with the New York papers before him, might have writ ten better and more original correspondence than our poor poet, Mackay, has been able to do. The thing is a perfect failure. It lacks Russell's , invention, it is without any of his descriptive powers, it is even void of his secession pro olivities, and his pungent, biting misrepre sentations. But, though it has none of the vices of his predecessor, in all their richness and elegance, it has a poor, mean, miserable imitation of ell the faults and follies of the fu gitive hero of Bull ran. Seated in his parlor in New York, the successor of Russell authori tatively pronounces all the intelligence re ceived in New York of the progress of our arms and the results of the war to be absolute " lies." He say* that we in the North are drunk, hare lost our reason, Ac., Ac., in believ ing the announcement of the triumphs which have attended our armies and fleets. This is decidedly cool, but, if it proves anything, would rather lead to the supposition that the gentleman himself must have been not sober when he wrote such nonsense. He professes ' solemnly that he cannot distinguish, among the great " liars," which of them is greatest, onr generals, our government, our telegraphs or our negroes. This is deoidedly cool; but that the London Times should publish suoh deci sions, made in New York, dated from New York, and coming from the poet Mackay, is cooler and greener. Mr. Charles, or James, or John McKay, or Mackay (we know not which), goes on valiant ly to deny all our victories. The battle of Williamsburg was only a victory because General McClellan chose to say it was; but he adds "it was not such a victory as it might havo been considered if ." if what! Why, "if his opponent had not continued his retreat" Admirable logic. So a victory is none at all | if the enemy retreats. "Our own corres pondent" then goes on to imitate Russell in his prophecies, and predicts that General McClel lan will enter Richmond as he entered Ma nassas and Yorktown?"to find it evacuated and dismantled." Really, we have wasted too much time and space in criticising this genius of a corres pondent. His effusions are too little, too vul gar, too mean, for criticism. We promise him to take no farther notice of him. After all, Russell, with all his faults, was superior k? painting, in false coloring, in false prophesy ing, in detraction and spite against the North? superior in everything, including decent writ* ing, to his poor and pitiful successor. Who is Da. Vincent Colter??In the N?w York Times, Colyor, the missionary of mischief, who was Bent back by Governor Stanly with a flea in hia ear, in (Inscribed as among "the die tinguished persons present" at the meeting of the Emancipation League, aljps Jacobin Club, addressed by Jim Lane at the Cooper Institute. From what does Colver derive his distinction? It appears that he was formerly a crayon p<fc trait painter, and during the Kansas troubles, at a single stride, he became an artist in oil. He undertook to paint "Bleeding Kansas," personified under the figure of a young maa? whom he delineated as scratched all over with briers, and of an appearance so grotesque and comical that the artists burst into convulsive fits of merriment, calling the picture Laughing Kansas. It wa3 like a tragedy which makes the audience laugh. Having failed in the One arts, he applied himself, under the auspices of Secretary Chase, to the work of propagandise? among the slaves of North Carolina, till he waa cut short in his labors by Governor Stanly. His friend Raymond, howeverj assure* the readers of the Times that he will "return vic torious to the sccne of his labors in North Carolina in a week." Wo shall see. BfJHtKiT or Mr. A>n Mrs. Jon* Sunn*.? At Wallack'a theatre this ???Ding th? highly suooeasfttl adaptation entitled "Fast Man of th? Olden Time" will b* j*rforme4 by s powerful east, for ibe benefit of Mr. and Mrs. Joba Hofton. The entertainment will concludo with the cele brated "Christmas Country Cushion Comle Cotillon," In which Mr. Lester Wallack will sustain no leas than four different characters, and introduce the pepvlar song ol "Simon the Cellarer." The other comle characters wilt be sustained bjr Messrs. Rtake, Fisher, Mark S'nlth, Qeorgp Holland, John Sefton,Mrs. Hoey, Mrs. Slonn, Miss Goo ?on and othors. The combination Is a rare one, and &ie will b? the only oceaslon en which these artiste wJM bare all appeared together in the samo play. Acadkmt OS HVMO?CoNmvcmrr OS rns flr/*>?.? Ulmann opens the Academy of Muslo for the euir.naer season on Wednesdsy evening nest, with a grand* oombt nation of opera, pianoforte munle und prestidigitation. Among the artists engaged are >iadame Comle Ilorchard, the celebrared prima donna of New Orleans, vrtio will ap pear In the roU of Lucrezla Borgia: Miss Ktflogg, l)'An-> grl, Brignoil, Susisl and Amodio. Oottaohnik, Use gre-al pianist, and Hermann, the world-renowned prutidigit* tor, will appoar every evening and contribute to the amusement. The season will consist of six n'^glit only. Bsnosivs ACitinsiY or Mum.?The d',rectors hare given the free uso of the Acsdemy this evening for ttie benefit of the management, on wliloh occasion the gran J combination will appoar for last lima In the "Serious Family" and tho last art of "Richardthe Tbli'd." rosTiovswssr OS TUB Pk*nivii.ui rirwto a?i.i Tke sals of public property at Perrlvllle, wh'ck vsa * 0*me off on the lltU iast has be?a e??tt*??d Ui'. furtu^i elice.