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NEW YORK HERALD.
JA51K* C30KD0* BBSSETT, EDITOR AND PKorKJUTOR. OmCEN *. CORNER OF FULTON AND N ASS AU ST*. T/ J'ffS rntl' maJtvance. Mo*ej) '* mail vOt Xu*tM Bank OJIl earrent ,n lork '"f7V# pifiK HERALD. tifo renin ,<e r>vu 7~ >" annum. THE WEEKLY H SKALD, ?<??<> s.U.-r.t;n, .Lr <?.?(? oar ol ...j intt per copy; IIMHUM touny fdrt OreMUtt or S'i 12 t. inu inutul the Coittmen!, built o ur lu*U ffi$ti4//e. Um Oilti M > in M tition on da I J. 1 lih m l DHo/each mmith, ,jf tit <r?i" w r,j|>v, or $2 75 1MT ?? ??* rff/t Ft VILE H ED AID, on Wetkumkm, at four cents wr Toil *VT lKT*OR*KSPOXDKWE. containing fajMrfnat Mr., from any gn, ???''*' ";rU- " ???'' '** KbtraHu Kiitl >nr ?#-' 'OK KillO IOK CO??Ksri>.M>KMTS Alia Paktu ulaK' r RmCNiTED to Seal all Luthcrs andPacb AtiBX SKNT OK ? ... . . ItD K'tTn K hdtm ofanonymoeu corrtepamiencf. We do not Tetiti ? r'.'Fi", ( '<w " 'i/iwu? t A /> I'A /. jy VTS eneirctl *v*ry <l<ty. nts ?nirWit^VflKKLr Hlkald, Family Hekalu, ami in Cttfifnrn** u? * Furoptan #htion*. JOH i'HjyriMr executed with neat nets, headless ami des mat<h. Volume XXVU ??. ?03 AMUSEMENTS TO MORROW EVENING. NIBLO'S GARDEN. Broadway.?The Collies Baws. WALLACE'S THEATRE. No. 844 Broadway.?Fha Diatolo?Irish Mormon. WINTER GARDEN. Broadway.?Peace and Qlmet? Boh Xeisuks?KlNtt Col TON. NEW BOWERY THEATRE. Bowery ?Lin and Ad Yentuhju! or Jace SuarrAKD?Brae IIc.ntebs. BOWERY THEATRE. Bowery.?Rattlin, the Renter? Slow to Atoid DKArri.ro?Robber Knight. NIXON'S CRBMORNE GARDEN. Fourteenth street and BlAlh arrnna ? OPERA, Ballet, PROMENADE CONCERT ASD JBlttlRETMAMSM. BARNl'M'S AMERICAN MUSEUM. Broadway?The Learned Seal Harry Familt, Ac., at all bnura Two X'tORoss?Em ton ah Clean, altei noon and eramiuL CHRISTY'S OPERA HOUSE. Ml Broadway.?Etnionak Boni.s, Dancsr, Ac.?Double Bedded Room. WOOD'S MINSTREL HALL, 614 Broadway.?ETMiortan BoNoa Danckb. Ac.?Airt Got Time to Tanbt. HITCHCOCK'S THEATRE AND MUSIC HALL. Canal ?treeA?AONoe, Dances, Bdelkamues. Ac. GAIETIES CONCERT HALL, SM Broadway. ?Drawing Boon Entnnta ir ??nte PARISIAN CABINET OF WONDERS, St? Broadway.? Opeu daily Iroui 10 A. M. till 10 P. M. Mow York. Sunday, July ST, IMS. THE SITUATION. The latest hews from the camps on the James river is up to Friday night, and reports no fresh morements. | The President has issued a proclamation, in pur suance of the sixth section of the act of Congress entitled "An act to suppress insurrection, to pun. ish treason and rebellion, to seize and confiscate the property of rebels, and for other purposes," warning all persons to cease participating in aiding, counte nancing or abetting the existing rebellion, or any rebellion, against the government of the United States, and to return to their proper allegiance to the United States, on pain of the forfeitures and gMzures as by said sixth section provided. : The call of Governor Gamble, of Missouri, for the militia to turn out and protect themselves against the rebel gnerillai, has created quite a sensation in St. Louis among those residents who, it appears, consider themselves entitled to the protection of the British flag. There was somewhat of a tow about the English Consnl's office there on Thursday. Several loyal and patriotic citisens, it seems, objected to parties arho had shared the prosperity of the city for oo in time of peace, deserting it in time of war and anticipated danger, and consequently there sraa a good deal of trouble, almost amounting to a actions riot, while those persons were seeking to obtain their protection papers. The extracts which we give from the Richmond papers throw considerable light on the state of aflhirs in the Sonth. Desertions from the army are complained of aa frequent and demoralizing. We Wre told, too, by tjie Richmond Examiner, that there is a lasting stigma left by this war on the character of the South, and that it ia " the almost nnlversal rage in the South of the vile lusts of ava rice and extortion, in which native Southern mer chants have outdone Yankees and Jews, and have Dot only defiled themselves, but inflicted s burning disgrace upon the nation, prostituted a noble war to the most infamous purposes, and blackened their country in the eyes of the world. The whole South." it says, "stinks with the lust of extortion. The extent to jrhich It prevails in this city is enor mous and shameless; trade is reduced to a devil ish art to make money out of the distresses of immunity; and. that hypocrisy may be added to other diabolical accomplishments." ? To judge from the tone of the Tennessee papers, It would appear tliat the rebels expect to make considerable progress in the middle part of that piste, and that Generals Buell and Nitchel are fthont to be vigorously attacked. Despatches from Cairo yesterday, moreover, state that the Steamer Evansvflle, from the Tennessee river. Strings the newB of a rebel raid at Florence, Ala., on Tuesday last. The rebels, it is said, entered the city and burned all the warehouses used for our commissary and quartermaster stores, and all the cotton in the vicinity. They Also seized the United States steamer Colonna, Used for conveying army supplies over the shoals. They took all the money belonging to the boat and passengers, and then burned her. A small detachment of General Mitchel's army was cap tured. The rebels then proceeded down the Ten *i -<see river to Chickasaw, Waterloo and the vi cinity of Bastport, and borncd all the warehouses whi' h contained cotton. Another band of forty rebels attacked a wagon train near Pittsburg Landing, and raptured sixty wagons conveying commissary and quartermaster stores. f MISCELLAHEOTTS WEWS. The steamships Great Eastern, New York and Borusaia, which sailed from this port yesterday for Europe, carried out a large number of both cabin end steerage passengers, beside* nearly a million end a half in treasure. The Great Eastern left her anchorage at Flushing Bay under the most fuvorable circumstances. The heavy baggage and the steer Age passengers Were conveyed to the big ship by the tug Red Jacket on Friday afternoon, and the rabin passengers w<we taken by the same tug yes terday morning from Whitehall. The passenger list by the Great Eastern includes three hundred and seventy steerage and about two hundred cabin assengem, among whom are Lonia R. Minot, the ?dscape artist; Rev. Elam Foster, and travellers n almost every State in the Union, including issippi. A large number of Englishmen and al Canadians are also on board. She took rht thousand tons of freight, chiefly bread Court of Special Session*, during ttie last. ? cases brought, before Justices Brennan, Steers averaged about forty each day. ty of these were for assault and bntte f larceny tfmall floes ranging In ?hi mist from throe to teu <!altar*, were inflicted, and tli" prisoner* released, with a caution to pre serve peace in luttire. Those convicted of petty larceny were sent to the City Prison for short t rms. Yesterday Judge Betta granted an order to sell the prize schooner Albert, pending the proceed ings tor her condemnation. Gold w.is ra Ujr bigb t yesterday. Tiiere were sal** at 11T\, but iu the aflcrn on 117)^ was the best bid. Exchange closed about 129 a 130 Stocks were general ly from '4 to ,q per cent lower Money was easy at 4 a 6 per cent. Tbe bullion export of the day was $1,434, &16. The cotton market yesterday was again Irregu'ar and sales limited. Large holders in most Instances withdraw thekr supplies from tbe market, while pur chasers only operated as they could pick np small '? uecossity lots" at a smart concession in pricss, gene rally withiu the range of 44c. a 43c. f r middling up lands. The transactions in small parcels footed up about 130 bales. Flour, In consequence of higher rates of sterling exchange, advanced about 5c per bb).,wtth moderate sales. Wheat was lirmer, and lc. a 2c high er, while sslet were aciive. Corn improved le. per bushel, and was tolsrably active, the sales including sound and prima old Was tarn mixed at 30c. a 57c Pork was unchanged, while the demand was fair. The sales embraced mess at $10 75 a $10 87>f, with some heavy barrels reported at $1L, and prime at $8 75 a $9 Lard was firm and active. Sugars were In great de mand and prices firm, with sales of 2,500 a 3,000 bhda. and 380 boxes. Coffee was quiet, but Arm. Freights were stiff, with a fair amount of engagements, at ua changed retee. Our Civil War sad Ilea Development of Military Taleat. It has been frequently observed that hitherto the war has produced no very high order of military talent?no man who. like Saul among his brethren, towers a bead and shoulders above all others, and of whom the government and the country can say with confidence, "That is the man to lead our armies to victory." There is much truth in this observation. McClellan baa exhibited great prudence, caution and or. ganizing power. But Halleck is the only man who has displayed much comprehensiveness. In the Southwest, away from the malign influence of Washington, he has been success ful. What he will efTect in bis new and diffi cult position remains to be seen. Several generals have shown ability on a narrow scale and as leaders of small bodies of men. But as yet no overshadowing strategist has loomed np who can plan and execute great and decisive battles, by giving the enemy checkmate; nor have grand tactics on the battle field received any signal illustration from any of our generals in the present war. What General McClellan is capable of doing, or may do hereafter in the field, we have no other means of forming a judgment than in the splendid handling of his army in the seven days' fighting on the Chicka hominy. In Western Virginia he made a brilliant beginning, and his antecedents are highly favorable to him; but there he was un. trammelled by politicians. Since that time, in Eastern Virginia, he has not had fair play. His excellent army was divided and diminished, and In the recent battles before Richmond he was served by co-operating generals as Napoleon was served by Grouchy in the battle of Water loo, and as McDowell was served by Patterson in the battle of Manassas. Grouchy permitted Blucber to reinforce Wellington, but did not come himself. Patterson suffered Johnston to reinforce Beauregard, and was now est inventus. And Fremont and McDowell allowed Jackson to slip through th?ir fingers and assa'l the rear and flank of MctllelUn's army, whilst they never appeared on lu.- scene at all, though the battles continued for seven days. On the whole, it must be confessed that the South, so far, has outstripped the North in generalship; and the reason is that the whole talent and edu cation of the Southern States bare gone soul" and body into the war. Vet it cannot be doubted thai in the Union army, and even among civilians at the North who have not hitherto entered the service, there is an abundance of military talent, which only requires to be brought out by time and cir. cuinstancea. At the North talent is attracted to business pursuits more than to the profes sions or to statesmanship. It is different at the South. Our nary has exhibited splendid abili ties. as it always will <*>. But it must be re collected that we have never had a standing army of any account, and never any protracted war since we became a nation, and that we hare cultivated the arts of peace instead of the art of war. being too strong to be attacked by other nations, and too prosperous and possessed of too much territory of our own to covet the soil of our neighbors or wuge wars of conquest. But a change has come over the spirit of our dream. Civil war has broken out. and if it should be prolonged tbe most brilliant gene ralship will assuredly be developed. 1 he Romans had almost always able gene rals. because they were always at war; and in the last days of the republic there was a galaxy of military genius, including Octaviunu*. An tony. Marias, Tulln, Pompey and Ctesar. In the history of England the case is different At the time of her civil war, which commenced in the reign of Charles I., the caimliers defeated the roundheads at first, and it took nine years to produce a general who turned the tide of -uccesB, trained and disciplined an army which never lost a battle, and finally overthrew mo narchy and rendered the commonwealth tri umphant. That was the renowned Oliver Cromwell. In the wars which attended nnd followed the French Revolution the armies of 'he republic were frequently defeated, owing to had or Indifferent generalship, and It took four years to bring forth a young general upon whose banners victory never failed to perch, ft is true that in lcDJ Najioleon di*t.ii)guiahod himself at the siege ?f Toulon as a captain of artillery, and in the following year still more us a brigadier general, by tlie quelling of "the Sections'' in Paris: but It was not till the open ing ol his first Italian campaign, in 17so!. that l;e gave promise of great generalabip, though the Frctteh government, had the sagacity to re cognize in the Corsican youth the future lender of its all conquering armies. The republic was in imminent danger, and seniority and mediocrity were not permitted to outrank youth and genius. Appointed to the command of the Armv of Italy, with 3o,000 half atarved, half naked tr-?op? Bonaparte surprised and defeated #0,000 Austrians and Sardinians. The first battle in which he had the supreme command was at Mon tenotte, and heDce he afterwards said proudly to the Emperor of Austria, when be sought his daughter in marriage, " My title of nobility dates from the battle of Montenotte." By this decisive campaign, in which he smote the ablest generals of Austria with the rapidity end tbe force of tbe whirlwind and the thunderbolt, he broke up the Austrian and Sardinian alliance and won a reputation which henceforth grew bHghter and brighter unto the perfect day. As it has been in England and France, so here in America tbe Northern arms have here tofore been defeated in several battl*. tbouab uone of them decisive. lu energy and vigor we have been excelled by Southern annie* lighting on the r owu soil; but we are us yet only in the beginning of our mili tary career, and neither the strength nor the talent of the Northern States has been put forth, lu population, relatively to the strength of the enemy, in intelligence and in resources, we vastly excel. But the war hitherto has been sadly mismanaged by the interference of politicians and civilians, who ore ignorant of military affairs. The total ab sence of talent, or public virtue, or statesman ship, in Congress, is one of the most singular phenomena of this age, and accounts in it great degree for the want of taleut or military skill in most of our generals. Heretofore there Las been no government and no policy. The peo ple took care of themselves, and the machinery kept moving by the original Impetus given it by the fathers of the Revolution. The sole ob ject of party leaders and the goal of their am. bition was the public plunder, and the whole functions of government seemed to consist in nothing more than in making arrangements about the spoils of office, and the amount of success was measured by the amount of gene ral satisfaction which the distribution gave. Hence, now, in the national troubles which have so suddenly beset us, we look in vain for states men to save the ship. The only public man who has shown any marked ability or states manship since the war was inaugurated is Mr. Seward, who has averted from us foreign inter vention and a European war, and whose do mestic policy is about to prevail in the Cabinet and in the political conduct of future cam paigns. Henceforth the war will be carried on under different auspices and on different princi ples, and the nation may expect to see the military genius of the eountry fully developed, and brilliant warriors revealed to the rapturous gaze of the people, the halls of Congress no more disgraced by the dregs of the community which found their way there, and a new order of statesmen appe4ring in both houses of the national legislature. Behold old things will pass away, and all things will become new. The Kelt State Election. Later developments corroborate our Al bany despatch published in Thursday's Hbkai.d, in reference to important poli tical combinations for the approaching election, find make the facts there stated of more importance and of greater magni tude than we then supposed. It touched upou high grounds, and opens a new feature in the politics of the State. It presents a view of mat tere which probably would be considered ab surd except iu revolutionary times like the pre sent. The sweeping changes that the rebellion and the war have made in this country, in social, financial, commercial and political circles, have placed the public mind in a revolutionary con. dition as far as future political events are concerned. Politics and politicians are viewed from altogether different standpoints than on former occasions. Heretofore our political af. fairs have been almost entirely controlled by cliques, factions and leagues, working upon the public through committees and conventions, and through those mediums promulgating wordy party addresses and high-sounding reso lutions as platforms, upon which they placed their candidates and rallied the voters, not for the candidates, but for the platforms. Thus, in 1856, we were told that the Cincinnati plat form, and not Buohanan's personal ability and merit, was before the people for their endorse ment; and in 1860 it was the Chicago platform, and not Lincoln's personal ability, that was running. The system long in vogue, of sinking the men into platforms?electing this or that man because be stood upon a certain platform?is one o the great causes of our troubles, and has placed third and fHXb rate men in our national Congress. Tim revolutionary wave that the re bellion has caused to sweep over the country has abolished all this. Party addresses, resolu tions and platforms no longer carry any weight with them: the public ace now looking for representative men. not wordy resolves. They turn from the meaningless platforms of parties to men of mark, and upon them centre their hopes for the fnture. The movement. therefore, to combine the names of two such representa tive men as Gen. Pix for Governor and IV m. II ><-ward for United States Senator, in opposition to the infernal republicans, answers to this great change in the public mind, and touches a chord that meets with a hearty response from all con servative men. These men have labored in the ranks of opposite parties in the past; but since the commencement of our national troubles they have both risen above party, and sunk ever}- consideration in the service of tWr coun try They are therefore representative men, and occupy a position before the country that but few men have been able to reach. Since the days of the American Revolution this State has furnished but three really great men who are fully entitled to that, significance nbove all others. These men are Pe Witt Clin ton, Martin Van Huron and William H. Seward. I>c Witt Clinton possessed an original mind, that Ptood out in bold relief from all others, and early placed him in the front ranks of the statesmen of his day, and secured for Mm a proud position in this State. Van Huron was a statesman of enlarged views, and rose above party, although he used party u, accomplish his ends, while Seward s greatn. sfl I** been fully shown in his action in tbe Cabinet in defining and defending our foreign and domestic policy of the war. There Is not a word or a line to be found in the docu ments of bis department in width he has yielded to party. Standing aloof from the entangle ment of factions and parties, lie has considered tlio great questions before him only as an American. His talents enabling him to rise above the feuds around him. each question has Ween considered in the light of a statesman who comprehended tbe length and breadth of country and all its varied interests. lite diplomatic correspondence is therefore one of the proudest features of the war, and ha* be come the policy of the administration. While Seward's career in tbe Cabinet bas made him a representative man of the times, General Pix has attained a high position in the army. Success bas attended every effort both at Dnltiraore and Fortress Monroe. Conservative and firm in his course, he bas met and settled each difficult question that has arisen in hi. department, and that, too, without any unnecessary fuss or special edicts from tbe departments at Washington. In a movement, therefore, In which are combined the names of Dix for Governor and Seward for Senator, the demand of the public for repre aentative men is Hilly met, ?id their names are *11 the platform needed W? repeat it: the oubllc mWd ?fcnrtvobHiowu comUtlyn. Old party tie* mid view* have passed away. Men of talent, and not party resolution*), are now asked for; and the combination of l>ix for Gov ernor and Seward for Senator is tlie fiiet response that we have seen to this clinnge of atl'uirs. Already it has caused an intense alarm in the camp of the infernal republicans, and is meeting with a hearty response from aU Union loving men. Let the ball roll on, and the world will soon sou that we have not studied tbe lessons of the war in vain. Tlae Remarkable Patriotism of Govern ment Contractors. Times change, and men change with them. There are now but twenty-five Revolutionary patriots left in the country; but as they dis appear a new order of men spring up to take their places. Once upon a time it usod to be considered the duty of a patriot to make every efiort and sacrifice for his country. Now, how ever, the enlarged intelligence of the nineteenth century has changed all this, and he is the purest patriot who can make the most money out of his government in the shortest space of time. We find our most illustrious examples of perfect patriotism and exemplary virtue, there fore, in our government contractors. The re. ports of our investigating committees are the annals of our most distinguished men, whose names will shine brightest in the history of this war. In this view of the case, the embryo contractors who design to make themselves patriots out of tbe equipment and supplies of the new army of three hundred thousand men recently called for by the President will find much to admire and emulate in the cases cited by the Contract Investigating Committee of the House, in its second or supplementary report, just published In regard to the purchase and charter of ships, for example, the committee have dis covered countless modes and instances of pa triotism. They bring before the bar of public opinion tbe patriotic George D. Morgan, with his two and a half per cent commission, and the numberless middlemen or shipbroker pa* triots of whom he is the type. Prominent among these is Mr. Russell Sturgis, of this city? a patriot who managed to receive commissions both from the government and the men whose ships he purchased for the government. Mr John Tucker, a patriot of Pennsylvania, having been appointed "General Transport Agent for the War Department," purchased two vessels which had previously been rejected by a gov ernment officer, and paid their owner, Mr. Marshall O. Roberts, eighty-nine thousand dollars more than their actual cost. These boats were loaded with provisions and troops and sent to Port Royal. One of them foundered and sunk on her first voyage, her cargo being a total loss. The other ship reached port after throwing much of her freight overboard, and was immediately condemned by a survey as useless. The steam er Governor was purchased by the agents of the War Department after having been con demned by the Navy Department, and sunk on her first voyage, her cargo being lost and her crew only escaping a watery grave by the skill and energy of Captain Ringgold, of the frigate Sabine. Are not the men who sold and the brokers who bought these ships for the govern ment to be honored and esteemed as patriots? In the New England Department Mr. Paul R. George chartered the ships for the Ship Island expedition. This patriot was surrounded by favorites, whose influence bad to be purchased. In some instances one sum of money was re ceived by the owner of a vessel, while another and much larger sum was named in the char, tor, paid by the government and received by the government agent. Is there no patriotism in snch dealings? In this and all other departments ships mere chartered at heavy prices, and allowed to lie idle while under pay. The steamer Constitution, chartered in Boston, earned her patriotic owners $135,000 before sailing, simply by lying idle at tho wharf. Other chartered vessels earned more than their value before leaving the dock. The committee might have added that, by some similar patriotic arrangement, the small vessels, receiving $250 a day, have always been loaded and unloaded find, while the large vessels, receiving $2,500 a day, have been left for weeks untouched. C. S. Bushucll, the very distinguished patriot who sold the Stars and Stripes to Morgan for $34,000 more than she cost to build, was immediately taken to Morgan's bosom, and was his agent for the purchase of the Varuna. Mr. Bushnell bought the Varuna, unfinished, for $110,000; hud her completed at a government shipyard without any expense to himself, and then sold her to the government for $135,000?clearing $25,000 by the transaction?besbbvs making the govern ment pay twico for completing the vessel. Turn from the sea to the land, and we find records of the suine patriotism. Mr. Thomas A. Scott, an official patriot, was employed to superintend the government rail load transpor tation; and at the same time he was vice presi. dent of a railroad company over whose line most of the transportation came. How could Mr. Scott consult the best interests of both tho government and his railroad? He patriotically fixed a tariff of charges for government trans portation at least one-third higher than the prices paid by private individuals. The con sequence was that Mr. Scott's railroad increased its profits about forty per cent, and the national treasury proportionately suffered. Is there no patriotism in this But these matters of transportation are Insig nificant when compared with the patriotism dis played in procuring supplies for (be govern ment. General Fremont, a military patriot, sent Major Corwlne to Cincinnati?though Cin cinnati was not in Fremont's department?to raise an army. That appointment gave birth to numerous cob tract patriot*. A Mr. Reeside charged $22,000 foi commissions in purchasing horses, and Captain Deri, a brother-in-law of Major Corwine. added from six to seven per rent to the coat of fitting out two regiments as his profit on the affair. At St. Louis, General Fremont made an agreement with Mr. Beard, a patriot of California, to build fortifications, and paid Beard $85,000 within eight days after, and before any oonti act was drawn up and signed. Mr. Beard cleared $100,000 profit in two months and seven days as a reward for bis patriotism. In Colorado Territory the patriotic Gover nor Gilpin became frantic for fear that somebody would attack bim; went to work organizing and eqnipping forces for his protection, and wasted immense amounts of money. It is consoling to know that the Governor's cousin and the Governor's (Vicnds grew rich upon this patriotic but unne cessary and unauthorized expenditure. In Chicago and Cairo innumerable contract patri ots w<>ra 4^overod. In the Wast, officers of regiments negotiated with officers of railroads, and received bonuses to have their troops go over certain lines. In the East, generals aro accused of patriotically taxing the sutlers one hundred dollars a month to pay fur the gene ral's "wine, segars, and such things." Whether at Chicago, Indianapolis, Cincinnati, St. Louis or in 1'ennaylvania, the government was pa triotically served in the purchase of horses. Blind, swenied, stiff-shouldered, curved-legged, split-hoofed, defornied-backed, stiff-necked, stoven-shouidered, glandered, distempered ( ringboned, wind-broken, big-kneed horses wero foisted upon the government at extravagant and patriotic prices, while often the government repurchased its own horses; and in Missouri the government stock was scattered about the country, patriotically used by everybody and cared for by nobody. Such are a few of the instances of patriotism displayed by government contractors and re corded in a single report of a single committee. Judge, then, how many patriots this country would proudly claim if the whole truth in regard to contracts were known. We beg leave to respectfully suggest to the President that these contract patriots should not be allowed to remain rewarded only by their filthy lucre, their approving consciences and the applause of their fellow dtizens, but tbat each of them should be provided with lodgings in one of our national castles, at the expense of a grateful government; and that Secretary Stanton, who now has plenty of time to write, be duly authorized to furnish each one of them with a pass to the accommodations aforesaid. Increase in thb Gold Crop.?The re cords of. the past establish the fact that whenever any particular product of the ?oil rises in value immediate attention is paid to raising that particular article. Cot ton is now selling for a high figure, and there is great demand for it. We conse" quently receive intelligence from different parts of the world that a large amount is being raised, and that the amount tbat will be produced this year, outside of the Southern States, will be enor mously large, and thus in a measure supply the demand. The same is true with all classes of grain. Whenever wheat rises to a high figure the farmers turu their farms as far as possible into wheatflelds, and soon bring about a sur plus and a rapid decline in price!. The same rule that applies to cotton and breadstuffs is now being applied to gold. The precious metal rose in the Atlantic cities to a high premium, and immediately the telegraph which now stretches across the continent to the gold fields of California bore the intelligence of that fact to tbat region, and at once efforts were made to ship all the gold coin, bullion and dus* to the Atlantic, to take advantage of this pre mium. The result we hare already seen in in creased shipments ef gold. We now learn that the government has sent a million or more of United States Treasury notes to California for circulation there. This will take the place of the metal in circulation, when it will seek the market here, where it commands a premium. The rise in gold is likewise stimulating mining, and the result will be that our California ship' ments will be-larger than erer, and giro us gold in abundance; gold will rapidly decline, and somebody will get his fingers badly burned. If it is thoee who hare been instrumental in getting up the panic, nobody will shed any tears. That the bottom of this gold speculation is fast falling out is apparent to any observer of events. How to Render tub New Recruits Imme. ihatklv Availabtjc.?Nothing is more urgent and desirable at the present moment than to increase the number of our troops in the field to a formidable extent. It is taie recruiting is actively going on; but it will require some time before the new recruits will be available on the plan at present pursued. That plan con sists in forming entire new regiments, in which both officers and men will be uew and inexpe. rieaced. Such regiments of untried officers and men it is evident eould not be led into battle at once with any chance of success; and yet it is desirablo that no time should be lost. Now, it appears to us?and we suggest the idea to the Commander-in-Chief', or other proper authori. ty?that the right course to pursue in this mat. ter, and in the present emergency, so aa to ren der all the new recruits immediately available ou the field, would be the plan which was con stantly adopted by the great Napoleon. Mo have many regiments, both on the peninsula and in other places, which are, truly speaking, mere skeleton regiments. Few, fl" any, of them anywhere come up to the complement assigned to a regular regiment. Would it not. therefore, be well immediately to fill up all these skeleton regiments whh the recruits as soon as tbey aw enlisted ? By thus inuorpo* rating the new levies with the old and tried war riors who compose these skeleton regiments no time would be lost in training, drilling and forming officers capable of leading their men into battle. These tried officers are all ready and prepared; they may now be called vete rans, with the brave men under their command: and all that they are waiting for are these very recruits to fill up their diminished ranks. By this means raw recruits, intermingled with veteran soldiers, would soon be transformed into soldier* of the same stamp: the example, spirit, boldness and during of their veteran comrades would provoke ambition among them and stir to emulation. It appears to us that this plan would be preferable to the slower process of waiting to form and organize entire new fegi' ments, with new officers in fact, creating, or rather attempting to craate. an entirely new army, which may not. finder the inevitable delays of such a difficult operation, be in readiness for tire field before the war itself is ended. The men themselves would undoubtedly prefer this plan rather than having to puss many months in comparative inactivity while learning the drill. Txiey would rather go ahead and march right awny to the battle field. The American is naturally go-aheadutive, and prefers to take short cuts across lots rather than wait and lose time and be kept in a state of inaction and un certainty. Let our rulers and commanders act in cor respondence with the national spirit; let them send or lead the men into battle with something to gain by th?- battle, and there will he no lack of bravo spirits to follow and tight. But the fight must be for something: when the battle bus been won something must have been gained by it; for otherwise a battle "don't pay," and a victory is good for nothing, Absent Officers and SfiJHlM fro* the Army.?The abuse of the furlough system seems to be commanding the attention of the government and our generals in the shape of bulletins. A few days fipce thejfpvost |f?r Blial at Washington issued au order that all officers aud soldiers who are found lounging about the hotels, drinking suloousand gambling houses in Washington should be deemed able bodied men, aud immediately sent to their regi ments. We this morning publish an order from Con. Pope, offering five cents reward for the ap prehension of Capt. Samuel L. Harrison, of the Ninety fifth New York regiment. In the Western Department it is said that lurloughed officers are returning to their regiments by carloads, apprehensive that some government ordei would soon be issued placing them in disgrace. This furlough business is rather a serious ques tion just now, when the country needs the ser vices of all of its volunteers, and some decisive measure should be immediately taken to put a stop to it. This is not the time for trifling. THE ME WT ARIFF. Large Receipts for Duty at the OuIms Hawse?Importers Heavily Taxed la the Parchaie of Demand Notes?Gtoaw ral Clearing Oat of Old Katrles, lw. Tbe receipts at the Custom Honm for the paat few weeks have been unusually large. Slnoe the new tarlfl act waa iatroducod Into the House of Representatives the importers doing business at this port have been buay la withdrawing their merchandise from bond. To obtain the funds with which to pay duties on suoh goods, of which there were several millions of dollars worth at thu port alone, has boon a matter of soma difficulty, and has subjected importers to a large additional tax. Demand notes and specie are the only currency receivable foi duties, if wa except a few Interest bearing Treasury notes '?sued previous to the passage of the law authorising the emission of the 7.30 notes Inasmuch as these < notes have bean daily growing more and more and inasmuch as the value of gold has constantly increased, the expenditure, In order to obtain peaaso sion of imported goods, has been tan or twelve l*r cent greater than a few months since. When the legal tender Treasury Note bill was padaed. making the notes to be issued receivable for all pubUa dues except duties on Imports, many merchants wht expected the arrival of large quantities of foreign goode, invested all the money they oould spare in the Custom House demand notes. They could easily foresee that with the passage of each month the number of tbeso notes in circulate n would rapidly deorsase, as the bill autherined their withdrawal from circulation and the substitution oi tbe legal tender notes in their stead. But several months hare passed since the passage of the act referred to, and most of those who purchased have paid out the noted la their possession and have been compelled to buy more al the high preminm already mentioned. Tbe important amendment made by the Conference Committee to the clause of the .Ssjfyu insist to the new duties on goods In bond, ronders th? bill much more acceptable to tbe merchants than when in tbe form in which it wa3 original!) reported to tbe House and sent to the Senate. Yet, notwithstanding tbe concession by which goods entered for warehouse under the three months' law are allowed to be withdrawn at any time within the three months originally granted, on paymont of tbe old rated of duty. Importers grumble considerably at being com pelled to take out the old stock of goods in warehouse and pay the duties thereon. It would seem, however, that tbe goode thus withdrawn, often on payment of the rates of duty levied by the act ef 1857, which were vary much lighter then those imposed by laws subsequently adopted, would command a sufficiently advanced price at present to compensate for any smalt inoonvonience. The receipts from bonded merchandise within tbe paat jew days have been larger than usual, on account of tbe payment of duties on the goods of which we have beea speaking. A general clearing out of the old entries has been and is daily being made, to avoid the necessity of paring the increased duties levied by I law. Tho kill, aa it nan da now la to duttoo on warehoused good*, is, perhaps, bettor than when first reported. Had the provision reqairing tlia high rates to be paid on all gee da in bond, no matter under what law imported, bean ad hered to, the government would have raised, it ia true, a few tnilliona of dollars one, two or three moat he anoner than it will under the present arrangement. The im porters would, however, in almost every i net as oe, have withdrawn their goods bel'pre the first of August, paying the duties now in force, ae that little or no addHieoat revenue would have been derived from such a regula tion. The time allowed was sufficient for this te ha aa compliebi'd. At tho time of the passage of the supple mental ttriffact of December, 1801, the subject waa pro posed, discussed and settled ia one or two days. The Secretary than ordered collectors, by telegraph, to re quire the new rates to be paid, not waiting for the mall or for the bill to be printed. Ibis quick work would have succeeded in raising e few thousand dollars addi tional nt that time: the act of this month would have fulled of this object. The customs receipts at this port for the last fiscal year exhibit an increase over those of the year previous Ihe latin acta of last August and December were the occasion of this. Many think that tinder the new tariff tit* importations will tall off to a groat extent, and that the revenue will be diminished instead of iucreaaed thereby If this be the (act, which \vt much doubt, we shall keep our money in this country, which will be the next best thing to receiving au increased revenue. The belief of Congn as in pas-lag the measure was that the Treasury would be aided by it to the ex'eot of nearly 1.10,000,000 This may bj an exiruvaguut eat,mote, but vt a prefer to accept it rather than that of persons without access to data from which to form conclusions. We hope and believe that the want* of the government for the en suing your will be supplied by the revenue derived from duties on foreign goods and taxes on domestic industry and manufactures. But a short time will now elapse be fore ttie now Tariff and tho Tax bills will be In operation, as the former takes effect August 1, and so much of the latter as relates to the appointment of officers on the 21st inst., the remainder of the act, with the exception of the sections relating to stunp duties aud income tax, going into efihet September 1) the Seceiary of the Treasury having foetid it impossible to make the r.eceseary pre liminary arrangements bef?ra August 1. Uellglone Intelligence. * C!fV ('?tf.CBKS TO-DAY. The most of tho fashionable churches will close about the 1st of August, to givo the pursous au<! the deacone an opportunity to enjoy their summer hegira. Already the morning service in a nnmbor of the up town edifices begins to he rendered before a beggarly accunat of empty pews, as many of their former occupants have betaken themselves to the spriugs, the mountains and lite sea shore resorts, to e>cupe the heat of the city. Not tnarb will be done, therefore, hi religious affairs until 8ep teuilier. The Rev. duel Parker, D. D., left yesterday for Europe, tin Friday he was the recipient of a complimentary break fast Irom his friends and admirers, at the Fifth Avcnua Hotel. Hon. r. A. <'onhung, R. <"? Hutching*. 8 B. Chit* tonden.T. R Smith, H l.oomi -, Rev K. W. Clark and others were among the guests ?'The Rurmng Hush in America" will ba the eeb.tect of this evening's discourse nt the Brooklyn TaTiernaclo. Rev. Wn Alt id Bartlett w ill preach at half past ten in the forenoon, stid at a quarter lo eight in the evening. In tho Mimorlnl church Hammond stroot, corner o' tVuverloy place, lite Rev. Stunned Maxwell, assistant minister of St. Murk's church, will prwiclt I his evening. Services at half past ten in tho morning, four In the after noon and eight o'clock in tho evening. Seats free. In 8t. Ann's i liurcli, Eighteenth street, near Fifth ave nue, Rev. Thomas Gallnudct, I). It., rector, services at half past ten in the morning, half past three in the after noon ami otght o'clock In the evening, the afternoon being for deaf mutes. T"he Rev. K C. Ewer will preach lit the evening In the Church of the Resurrect hot (Episcopal), north side of Thirty fifth street and east of Nxth avenue, dl vine service nt ball past ien in the morning and eight o'clock In the evening. The Rector, Rev. E. O. ilagg, will preach morning and evening. A -*itnon for the hour. Rev E. (). Brooks will preaoh against distrusting God or ourselves, at tho Twentieth street Fnlveranllst church, between Sixth and Seventh avenues, this morning at half past ten o'clock. Police Intelligence. Cot eraararr on rati Wransnosv Bit**.?A man named samaet Waters wsa held for examination by dustree Rreaaao yesterday for passing a oounterfelt Ova dollar bill of the Weedsporl Bank, N. Y., upon Morris Magnea, of Ne 8T8 Bleecker street. The countorfell is oxcelieatly executed in every particular. The worthless character of the counter felt ona eaty ba detected by the thick and oearae quality cf th? paper on which It la aagraved.