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NEW YORK HERALD.
JA-MKI OOROOI BBRHETT. EDITOR AMD PROPRIETOR. 9PTICEN W OORHBROP FULTON AXB NASJAffST* *?>???? ZIVU *?. 3 4? AilUSBMENTS THIS L> ENINd. ACADEMY OF MUSIC. Irvi-..- Fm d ? Italian Oim 1.4 hluUi nil Ri uui?*."> ru. NIBI O S HARDEN Krosdu-ar.?Tocxo?DivkkTI.ssi: Manr?uiLiiin Lou-rums Fly.hu TkaiEZH. WALLACE'S THEATRE. Broadway ? Boao* Fbisnm. WINTER OARDEN, Broadway ? Faibt Cisclb -Magic ] L'???J?I?ll TiaJML LAURA KKENB'S THEATRE Broadway?No Ussi ro* 1KB WlOKBD? B .W? SMlLkD. KEW BOWRRT THEATRE Bowery-DiUTU Plank B ulsKIa ?Ki'i-hku.- or tits IikaIM. BOWERY TUEATKE. bowery.?.Tack Cadb?Ti:B T*ik Buuihkks?Ba.noit ur :u> alack Mimb. GERMAN OPERA HOUSE 135 UBoadway-I"meuo. BAKHUM'S AMERICAN MUSEUM Broadway.?EsoCJ. K -UK I.NDiAIiS-COKMOlulKK KKCT COLtlULI' TliOPIC.lL FlsU, *o., at all hours. ?icTuu M. aitcrQuou uudeveuinu. BRYANTS' MINSTRELS' Mechanics' Hat!, 472 Rruad way?Ethiopia* Sosus Buklks^uks, Danckj, Ac.? Hiua Daddy. CHRISTY'S OPERA BOUSE.M5 Broadway.?F.rnioru Bonus. Da.ncks, Ac.?Slack Kivndkus. WOOD'S MINSTREL HALL. Ml Broadway.-Ethiopian Bunas, La;.its Ac ? uruei.i.o. PAI.A* E op MUSIC. Fourt -ruth sir'M.?Campbell's MiHSTKfci.s?Sonas, Dances a-.d BuklssuUls. IRVINO HALL. Irving p u-e.?Mason Jonks' LrcrrRE. YlOl'E CHAPr.I. No. 7 J J Sivadway.?ExniBirros OP Tikiibli.'s Cali oUN'a. OAIETIES CONCERT HALL. Old Broadway.? Du?win? Sous KNTEItr AIM: ants. Parisian cabinet of wonders. 563 Broadwny. ? Open daily iro.n lo .v. M u.l U r. 3 HOOLEY'S ori'.RA HO "S3, BrooY'vn.?EtuiopiAM bONGS, DaSOKS, bUtlLKSaUEA AC "FATHER WILSONS OLD FOLKS-CongrpgaUona OUapei, Flushing. L I. Ktw York,Wrdnttdn y, Korcinbtr ID, 1*113. THR SITUATION. The Army of the rotomac is moving from its position near Warrcnton towards Fredericks' urg, sixty miles from Richmond, l'he lino of march was taken up on Saturday and Sunday. Warrcn ton was evacuated yesterday, and General Burn aide took up Iris headquarters at Cxtlett's Station. The most favorable basis of supplies will donfftleas be at Aquia Creek, which is only nine miles from Fredericksburg, and connected with it by a rail road. It is said that General Ilalleck is about to adopt the most rigid incisures to enforce the return of absent officers to heir commands. H'' is com pelled to this course from the fact that nearly a thou-and officers are now absent from duty with out leave. If this be so the commanding general cannot be too stringent in Buy measures he may decide upon to 1 ring the skulkers back to their duty, even to the dismissal of a large number of them, which, it is reported, will at once be re torted to. Our army correspondence contains highly in teresting and graphic accounts of the advance movements of the several corp, which will put our readers in possession of the precise condition of our army, and as much of their intended objects as may be necessary to detail. In addition to Other particulars we give to-day Captala Dalil. gren's report of the recent cavalry dash into Fredericksburg. Captain Ulric Dahlgren is a young man, very recently past his twentieth year. In May la*t he assisted at the defence o: Harper's Ferry, when menaced by Gen. Htoncwull Jackson, received honorable mcniion in the report of Gen. Saxton, and was made a captain on the stall'. Since tuut time he has passed creditably through all the momentous events of General Rope's ? am paign and participated in the several bat'lee which General Sigel and his corps took part in. The feat of travelling by night end day so far liom our lines, entering with sixty men a town v here, by the sub;eqt nt adrni.-siens of the enemy, there were five companies of rebels, charging through the streets f.ud overpowering the resistance offered, taking thirty-nine prisorei* and then (tarrying off the pick t> in another direi tion, shows a sagacity aid cool resolution not often found in so youthful a ..oidicr. News fruni Norfolk slates thnt the rebel ram Merrima-; No. 2 is not )it finished. Slit lies in the at!uam, where the workineu were still busy with her a week ago. Her armament is not yet ou board. The- Work of raimg the United States resse't >rik in Norfolk har bor Is progressing favorably. A few days since the frigate Uuited Stab g was raised, pumped out ami towed to the Gosport Navy Yard Pre paration* arc making to raise the aloo|M?f-wti Cumberland and frigate Congress, tu.uk at the en trance to James river. Op* mlions are al*o in progress fur raising the liac-uf-balUe-suips Dela ware and Columbus, which are expected to be r?i?ed whole, and made again available foi ?? : vice. We have received the official report of the bat tle of Corinth, addrt -Med by Gen. Ro.eir.ins to | the War Popar'.mcnt, all the facts of which, however, wo hsve alteadv laid before oar leaders in these columns. Oallguani'a Jlfcttcngcr, of Paris, of the 1st of November, scys the brothers Csttabcue (one of whom was implic ated in the Parodi robbery) are aaid to be forming at Turin a legion for America, ?lib the authorization of the Italian gover meld. MISCELLANEOUS MLWfi. The closing part of the Prince dc J"inviMc's his tory of Gencial MoClellan'a eprrntions on the |>eninsula, which we publish to-dav, briug* down ! ' the recital to the final retreat of the enemy from Ifalvern Hill, and conclude*- with seme admirable reflections on the grievous results which would arise if the dissolution of tbt Union should uu . fortunately be accomplished, B- ginr.-.rf* will tho reasons which prevented the junction ot P. I>ow ?b's forces with thoae of General Muf'lellan, the rc<ital goes on forcibly to desctibe the position of the ground oa which the battle of Fair Oaks wis fought, giving full and interesting details of that t>; .d.i i,stile. The tanible screes ou th'-various Jbwitie i ? id- are described with all the lores and ?o*.t< a v- phic pen. The causes of the retreat from*) ' '.loose, the indomitable bravery of the a- vcrsi d \ of the srmy, the cairn coolness of , tb< ccum Mii'ti f general, and the difficult retreat to Hairi*o i andimr. are all fully and wdlde- J gulled. I r fi ?? c' - * with some observation* r>i tin pii . i? t t ita amuocipfttioa frock'. Station. 'fbe / ? '' :of O.i J ?tl October WV * iia .'I * ' ?"?ili.t v ?t> 1 .at he has full r s i .,. ?? I ? ? ".ful '?>uU?of bivflicd.Cal treatc ' 1 ?>fV' ??4 ' C'1 f? Knglaai for a ?i,.irl .iuiv, Mi I '.J Id tvAia.il .a. He bus promised ail hi* officers to meet them in America. Many of them have already left on their way to New York. The expenses of the voyage , are charged to the Consulate of the United fc at Genua. Probably the ocourrenoea in Greece mav change Garibaldi's plans. The Voile ZeUung of Berlin states that quarrels from political causes are becoming frequent in that city. On Saturday, October 25, not fewer than three duels took place there between three artil lery officers on one side and as many students on the other. The immediate cause of those meet ings was a discussion relative to the late votes of the Chambers. A Turin letter of the 27th of October, in the brbot*, says:?The events In Greece are the sub ject of g' ueral conversation here, and the revolu tion iu tl it country is regardod with pleasure, as an idea, whether right or wrong, is entertained that a solution of the Italian question may possi bly result from complications iu the East. Be. ports are also in circulation that Trince Amedee. the second son of King Victor Emanuel, will be called to the throne of Greece by the popular will. Madame GeftYard. wife of the President or the republic of Ilayti. who is now in Paris, has pre | sented the Society of the Prince Imperial ift cha ! ritable association) with a donation of 1,000 lrancs. The bark Clara Rosa Sutil, Captain Scandclla, arrived at this port yesterday, bringing advices lroai Maracaibo to October 23. The revolution in Maracaibo continued. The town and bar were be ing strongly fortitied. A fleet of five schoonus and a number of smaller craft were about the harbor. The government of .Caraccas had live war schooner j outside the bar, blockading, tap tain Scandclla managed to get out his vessel, through the French Consul, who had gone down to tlie bar in order to get iu a French bark that was anchored out--.de. The bark Ycate was outside the bar. The steam gunboat Wamsutta, which arrived Cj; ihis poil yeste day from Fort Royal, on Monday last, when oT Cape May, came in collision w.th the steaming May Queen, from New York for LewBton, Del., and injured her so severe ly that Per crew ab ndoaed her and went on boaid the gurVo.it. The May Queen was formerly named the Cinlerella. The Union forces, consisting now of over seven hundred thousand men, are distributed and com man led as followsOcu. Burnside, with the whole Army of the Potomao, aided by lie ntzrl tnan and Sigel, is to take care of Richmond; Gen. Co.x s making a rapid march towards the A irg.u.a and Tennessee Railroad; Gen. Peck and Gen. 1'03 ter aie to look - fU-r the Southern communications of Richmond IT. u. Ranks and Gen. Hunter are to look in at some of the Southern ports nev held by the rebels; Gun. Rosciraus is moving through Centra! Tennessee, Gen. Granger through Ken tucky, Gen. Grant Ittto Mississippi; Gcu. Sclioficld defe nds Missouri, and Gcu. C urtis is below him on the West side of the river; and Gen. McClcrnand will soob be on his way down the Mississippi river. Sugar mad. from tho new crop is beginning to arrive at New Orleans. The People s Union organization met last even, ing at No. 8 Union square, for the purpose of completing its organization and nominating candi dates for city offices. Rol t. T. Haws received the nomination for Comptroller bj acclamation. Alter several ballots Judge Slosson wa? nominated for Corporation Counsel. The Board of Supervisors met at three o'clock yesterday, the President, Mr. Pur Jy, in the chair. Supervisor Tweed offered a resolution to the ef fect that, as by the new Militia law the county of New York was obliged to pay on* dollar per head for the enrolled militia who w ere not exempt aud did not parade, aud as about twenty-five thousand persons had filed their exemptions at the County Clerk's office, the names of all such bo eras ed, which would be a saving of one dollar for each. The resolution was referred to the Com mittee on Annual Taxes. A bill of Mr. Edwin James and Mr. Thomas Dunphy, amounting to $1,037 fcO, for services in the Mary Real case, was prevented and referred. The Comptroller present* cu a statement exhibiting the balance remaining unexpended at the close of last month on ac count of eseli appropriation, which is as fol lows:?Officer*' and witnesseo' fees, $16,000; sup port of detained witnesses. $4,000?total, $10,500; which the Comptroller recommended to be trans. Hired in the following mauner:?County contin g ucies, $*,000; advertising, $2,000; lighting, cleaning and supplies to county offices, $7,000; r< p.ursto county buildings, $2.600?total, $19,.r?00. Toe suggestions ol the Comptroller were adopted' after whrch the Bo.ird adjouru-d to Tuesday next. Iu the Court of General Sessions yesterday, be fore City Judge McC'unn, John Crawford, a piivate iu Colonel D.iryee's regiment of Zouaves, was indicted lor manslaughter in the sc.ond degree iu causing the death of George A. Poherty on ihe 7th of October last. The prisoner met the ile ccased in the Old Bowery theatre and challenged ! him with being a deserter; a scuffle ensued be | tween them, during which the deceased received a stub in the leit side, from the effects of which he d i d In a short time. The case will be con. '! lined to-day. At a meting of the Board of Police Commi? aiouers held on the lath iust. charges were or dered to be preferred against Superintendent Ri-nuedv, the specifications to be the allegations si' forth m th? correspondence between **. L. M. Barlow and 3. Draper, Prov? si Mar-dial Gene ii l, already published in the IIehald, relative to Mi- Brim-made. Charge* have been made nc c iib'.gly, and the trial is $ct down for Thursday, 2i'th iiist., at eleven o'clock A. M. The p irk'.t for beef cattle remain* substantial ly as '-i. week, uml the range of quotations is un changed. Ihe receipts h..vc been heavy, and had tin off lings all been yarded on Monday the broki * ? ould undoubtedly have Ween compelled toPiake some reduction in prices: but the offer, ingf arrived all day on Monday, and th> lsst arri vu'a uid not reach the yards before noon of yester day, iu view of which the demand was quite ac tive all through, and full prices wne realized. The range was from 6%i to P^Jc. a 9c. The of. tarings were mostly common, and sold from 6^?c. to 6/^c., while i.ood ' attic w ent off freely at * *l/?'? Milch cows wire rteady and unchanged. Veal calves were iu n oderate demand at 4c. a <5c.? but with ocraGonal sales at Bleep and lambs r? re less plenty, active and nbout 20c. per head higher, ranging from $3 to $5 a $6 MB Extras sold as high aa $?. Hwina were active at f/tc. a 6c. for heavy corn fed, 4%f. a 4%c. for light corn lid, aud 3^c. a S#?. for still fed. The total receipts for the week were 4,723 beeves, 93 cowa, $55 veala, 10,001 sheep and lambs and 34.4s? ?wine. The "lock market *a? rather lower yea'erday ou the rullwsy shares Government* were firm Honey wi>f qi >?. at a'tout 0 par oonf. kxcbsofo was dull at abont I4ii. Mold felt to INK, closing at lSI*. The export of iLc wwt (pr d .oe and merchandise) wax $3,780,000. A fh rUtcr decided advanut Iu the pries of cotton took l i r> ? <;?) " .du'i i?u It fkier.'-o of an acttv* ?rent ' li vo lii'iuiry, which resulted tu if<00 bales.changing \ n.. us, i g at 08 >, and of lug ut 7oc lot middling I w Ik a etcauy upward ' itU-ncy. The sales of flour \ reached t" i")0 bldl w' cjt, 155,000 bUiUa'.s, and corn j 170,000 to i .?o!t? pricea 'avcring sellers slightly Mtt>? ?wirk waa up tt$l3 76 a$13,and in fair drmauil B-of was quiet I. rd il?c' ticl a fr. -i ion w Hi tales of 1 ,|no j pacSsgaa Of bacon l,k'K boxes were sold at uaito-m ' i?te >. Butter and cbeae-wire Mtirn end buoyant. Klo ^ flbo was In good request. as wor? also ti^aia, tallow, 1 ft .'i i-got copper, hay, ilowrioad, hogs, u aeeo, wov. J b del. Isiba. bather,flu - '?nd whelobt:*, ai In them< n. very f '' IkBtaMona Th?re was m-ire '.rt.v'ty ta fin., tg j I P ted |-?t ol tin, at dee ?adl.' lte; ? r i ? e<? laere , ,?4? una Mt tdsthui. wiih mere firia&Mr, it U? l-oigirt parhot. . . 'I Oar Plaaaclal Reioarct Prat. We published yesterday an article from the Loudon Post, the organ of the British Cabinet, in wbioh the Cnanoial ruin of the United States is pictured in glowing colors. The article io founded on the fact that our currency is de preciated, and that a paper dollar Is only worth two-thirds of a dollar in gold. This seems to us, and must seem to all im partial men who understand the subject, to be a very inadequate basis on which to build such a fabric of financial disaster. The wish is father to the thought, and it is only from British enmity that it could emanate. It is true that the blunders of the Secretary of the Treasury have caused the immense depreciation of the currency, and have afforded a pretext for the misrepresentations of the English journal; but it is only from hostility to the American repub lic and a total want of candor that it could be induced to draw such glaringly illogical con" elusions from the premises. There is nething in the condition of our finances to cause just alarm. So far from our resources being exhausted by the war, they are scarcely touched. It is true the finances of the government have been sadly misman aged: but the error is not of such a nature that it cannot be rectified. If, indeed. Secretary Chase bad the power to persevere in his financial blunders, now made so palpable to the plain est understanding ; if the President permitted him to do so to the end of the chapter, and did not put some able financier in his place, made vacant sonic fine morning, or if Congress bad neither fhe power nor the will to amend or re peat the exploded financial scheme of the Secretary of the Treasury, then there might be some ground for the gloomy description of the London Post, llut it is competent for Socre tary Chase to review and revise his course, and to recommend to Congress " a change of base;" or, it he is incapable of reform, and will not do this, the President can remove him ; or Con* gross can, of its own motion, immediately after ?U meeting on the first Monday of December, sweep away the irredeemable paper by making it convertible into twenty year bonds, restoring the equilibrium of the currency by a return to specie payments, and by compelling the State banks to withdraw their circulation, permitting them to ii-sue only the bills of the government, purchased at par by gold or United Ptuto* interest bearing bonds of long date, to be de posited at the Treasury Department. No conn" try can bo on the verge of bankruptcy when it p? sesses such boundless financial resources as ours, and when by a dash of the pen its na t'orial legislature can repair the blunders and mismanagement of official incompetence. The way in which the balance of the national loan on seven-thirty bonds of three yearsi dating from October 1, 1861, was disposed of on Monday last, shows that the credit of the government is still unshaken, and that it is only from the form, and not the substance, that any difficulty has arisen. Proposals for this balHuoe, amounting to $13,420,WO. were advertised for by the Treasury Department, to be sent in on the 17th inst. It is the residue of $lf?0,000,000 of boDds authorized by Congress, and it will meet the recent temporary loan raised in Wall street to pay an instalment of the debt due to the troops. The total amount of bids for this loan was $30,148,000. The surplus bids, there fore, amounted to $16,728,000. The loan was taken bv the successful bidders at an average premium of over three per cent. This show* two things: first, that the credit of the govern ment is as good as it ever was; second, it points out the right mode of obtaining and securing it. Had the loans been for twenty years, instead of throe, the premium would have been doubled. The sue cees of these bonds reveals the true plan of obviating the present temporary financial diffi culties of the government and restoring the curreney to par. H ith the command of the sea for commerce with the world, with a vast internal trade, with flourishing native manufactures, and with the illimitable resources of a virgin soil of une qualled fertility, any temporary failure in finance must necessarily spring from the blun dering incapacity of the man at the head of the Treasury Department. Let not. therefore, the organ of the British government ' lay 'the flat tering unction to its soul" that the condition of things produced by Mr. Chase is a measure of tlio financial capability of the country. In de spite of the old fogy ism of the Navy Depart ment wo have Improvised a fleet which has elicited the astonishment of England, and has stricken terror into her stulesmen. As sud denly as Cadmus, who produced a countless atined host by the sowing of dragon's teeth, we huve raised an army greater than any other of modern times?an army which, notwithstand ing the demoralizing process through which it has been forced, the continued changing of its generals, and the interference with its move ments by civilians who know nothing of mili tary affairs, Is still terrible to the enemy, and will soon give a good account of itself in the city of Riobmond. The rapid organization of such vast forces by land and sea could only be the result of immense resources, moral nod physical, and no Power In Europe could ap proach these stupendous preparations. All that is seeded to complete success la to organise and apply our unfailing resources by land and sea till the Union flag waves over every stronghold from the Gulf to the lakes. If there be any failure, It never can be from lack of material means, but from some moral and political obliquity which fails te properly develop and te direct them to the right end. Central Par* R*on.ATiovs.- A few days since we noticed th| fact that carriages were allowed to circulate in the streets and in the drives of Central Park after night without bearing lights. We have since received a num ber of communications upon the subject, and would advi.-o our correspondents to address themselves directly to Mayor Opdyke and the Park Commissioners. Among the com plaints made it is mentioned that duo notice Ls not given as to what hours of the night carriages may pass through the Park. One of our correspondents upon that, subject states that, wLereas he lias been allowed to pass through Central Turk as late as ten and eleven o'clock at night, he was, a few' evenings since, stopped by a Park policemau as be was passing through at nine o'clock, and ordered peremp torily back to the place he bad entered at. He Justly complains that aotice is not given con spicuously as to the hours when the Park is open, and that policemen are not pluced at or near the entrances to provent ingress on the part of tbo*e unaware that any regulations exist as l? when the Park may be entered. We would tuggeet that a ifen board he placed *t all entrance* to the Park, giving due notice a" to all it* rules and regulations. In such mat ters the convenience and safety of the public are paramount considerations, and ample informa tion their due. We would suggest that, for the convenience of the public, the Park be open at all hours?that its roads be free to all alike both day and night. The Army of the Potomac Onward, by Way of Fredericksburg. The Army of the Potomac has moved or is moving down from the neighborhood of War renton and the foot hills of the Blue Ridge chain of mountains to Fredericksburg, as its new base of operations. By turning to a map of Eastern Virginia, the military advantages of this ??change of base'' will bu apparent to th? reader. In advancing southward from Warren ton the roar und both flunks of General Bum side would be exposed to the hazards of rebel cavalry forays and surprises, involving the possiblo losses of valuable supply trains and depots of provision?. But. with Ms 6a?o df op^ra* lions at Fredericksburg, his right commands an open oountry, and his left flank is completely protected by the Rappahannook? a deep, navi gable river?from said city to the Chesapeake Bay. A great beud in the majestic Lower Potomac brings that river, too, within the im mediate reach of Fredericksburg, the lamous landing of Aquia creek being only nine miles north of the city, with which it is connected by a railroad. Thus the broad and deep Lower Potoiaao, for nearly half the distance between Washing ton and Richmond, becomes the direct, cheap, safe and commodious channel down which the supplies for General Burnside's vast army will be .transported to his principal depot at Aquia creek, which will be perfectly secure under cover of two or three gunboats. Thus, too, the immense force which would be required to protect his railway communications to Wash ington on the Warronton line of march may bo dispensed with by General Burnside, and the different detachments of his troops watching the passes of the Blue Ridge may now be con centrated around Manassas Junction, Centre ville, Ac., into a powerful army, sufficient for all 1110 contingencies of a possible attack from Stonewall Jackson iu that direction. Indeed, with those additions to the reserves of General Slgel, he will be strong enough to cross over the Blue Ridge, if deemed expedient, and hunt Jackson out of the Shenandoah valley, or to cut him off from Richmond, if still lingering about Winchester. The late rains and sn^ws have rendered the Upper Potomac an unfordable stream to infant ry, and not altogether safe for cavalry; so that, with Sigei's reserve? near Manassas, and the strong Union column in occupation of all the heights around Harper's Ferry, there is very little to be feared from a rebel raid across ?nto Marylaud or ^Pennsylvania from any quarter. In the Virginia oampaign of last spring, undei the general direction of the Se cretary of Waf, too much was attempted with the immediate forces at his command. The at tempt was made, in conjunction with the ad vance upon Richmond, to hold one hundred miles of the Shenandoah valley and all the vast intervening region between that valley and Frederick-burg. Hence the expulsion of Ge neral Banks from the valley, and the successful tactics of Jackson in diverting a large Union force to recover it, while he was moving down, under cover of the mountains, his forty thou sand men to turn the fortunes of war against us at Richmond. General Halleck, profiting from this costly experience, Iras wisely concluded that the occu. pation of the Shenandoah valley is u stumbling block to au advanco upon Richmond, and not necessary to guard the rear of Washington; thai this object can be much better attained by a strong garrison at Harper's Ferry and an active and well appointed movable army column between Leesbnrg and Manassas. Thus he gains forty or fifty thousaud men who last spring were wasted in useless outside ope rations and be is relieved of the difficult and thankless task of establishing depots of army supplies at dftunt points of no military value, and liable at any moment to capture by sudden raids of the well informed enemy. Fredericksburg is distant only sixty miles from Richmond, over a generally level or softly undulating sandy country. Qver the railroad and numerous parallel common highways of this intervening region wo have no doubt that the difficulties of nrniy transportation will be much less from this time till March next than tlicy were in April, May and June last in ihe Richmond peninsula: for the heavy and numerous rains of lust spring und summer in thut peninsula arc without a precedent, we dare say, in the records of fifty years. We con clude, therefore, that General Bnrnsido's army will not go into winter quarters this side of Richmond, and for the very good reason, among others, that during the wioter, when the low grounds are frozen over, the roads in Eastern Virginia are better for army purposes than under the thaws and raina of spring. Nor do we suppose that the whole business of tbi? ad vanco upon Richmond will devolve upon ihe army of General Burnside In his favor we have now the command of the James river to Fort Darling, and of the York river, Including Yorktown and Williamsburg, and the mmi and means for a co operating land and naval force by tbesa two streams equal to an army of a hundred thousand men. In every point of view the present move ments for Richmond are immeasurably stronger and better organized than those of last spring, while many of the most serious obstacles to tho advance of General McClellan are removed and turned into positive advantages, including the possession of the James river and the fortifloa ions of Yorktown, and the absence of the deadly summer malaria of that peninsula A winter campaign le the very thing for Rich mond. Radical Journalism Assisting iiik Rmikls.? It ia said that our military authority have de termined to change their base of operations. The radioal journal ists have also deteriniaed to lot the robels know all about the movement. Therefore we already And the intelligence of this Important change ia our military pre- ! gramme announced in all the radical organs far and near. The war would be over too soon for the radicals if the rebels were kept in igno rance of our plans. Thert is nothing like post lug up the rebels In order to prolong the war. If Burnsidc, Banks, Grant, Rosectans, Curtis and our otbsr gen.ual* are not very careful they will And that the rebels know all about their orders before they have been officially promulgated to our own soldier#. One of Mc Clellau's gieat faults,'in the radical point of View, was that be bopt ?U?nt -ftbput his oUog. Tho radicals got over this difficulty, however/ by insisting that he nerer had any plains. The rebels, who are not foolish enough to ascribe their defeats to chance, used to think very differently about the mat ter. Now-a-days they learn the plana of our generala in time to thwart them; and nobody now says that we have no plana; for everybody knows what our plana are. This is bad for the army and the country, but excel lent for the radicals. Loyalty la below par with the abolition organs. Sometimes one of their correspondents is arrested; but he is very soon again at liberty, publishing all he knows. If a paper like the Hkkai.d refuses to divulge Information of value to the enemy, It is laughed it for its pains and patriotism. By and by, perhaps, we shall learn enough of the art of war not to tell our enemies what we intend to do. and not to teach them bow to dofoat us. McClellan"*' Peninsular Campaign?1Wtoe History by the Prince de Joinvilte. Wo publish to-day the conclusion of the clear, succinct and impartial lilatory of Mc Clellan's peninsular campaign from the fruitful pen of an eye witness of those memorable scenes, following so closely upon the removal of that distinguished officer from the chief com mand of our armies in the field, this masterly recital?which is an unanswerable defence of his actions?will present more than ordinary interest to the American reader. The Prince de Joinville, as well as the Count de Paris and the Puke do Chartres, accompanied General McClellan all through his magnificent' cam paign. and the testimony whioh they now unani mously bear to his skill and capacity as a great loader must forever olose the mouths of his most violout traducers. Having been personal witnesses of all these occurrences, their testi mony is of the highest importance. The campaign of the Virginia peninsula will stand forth in the history of the future as one of the most extraordinary exploits in the mili tary history of ancient or modern times; and the splendid retreat of the federal army, sur rounded as il was by the most appalling natural difficulties, and threatened on all sides by two armies, each superior to it in numerical strength, in the very heart of an unfriendly aud rebel lious country, will rank the name of McClellan among the greatest generals of this or any other age. That the army did not escape alto" gether unscathed is not strange; for, as the his torian of the expedition sagely remarks, there is no army in the world that could have performed _8uch ^n achievement without serious loss. When General ^cOlelian first set out ou his inarch against the rebel Coital^ie had no doubt of complete success. Ulterior cir cumstances prevented the full accoinpfisbmeut of his plans ; but every one who carefifily reads this graphic account of the campaign must confess that of all men he has been the least to blame for the failure of the original design. The reasons that prevented his early success are threefold. First, we.have the stupidity of the naval commander, who would not under take the task of attacking and destroying the enemy's iron-clad vessels and river batteries? a work that might easily have been ac complished by the exercise of ordinary skill and determination. Next we have the inter ference in the military plans at Washington; and, lastly, the inundating rains, flooding the whole country and destroying the roads so completely that the army could only slowly advance by the erection of corduroy roads under circumstances of the greatest difficulty. But, great as were these unforeseen difficulties. General McClellan would have overcome them and carried out hit purpose had it not been for the schemes of politicians and the machinations of his political eaemies at home The necessity for a regular siege of Yorktown only became apparent when the corps of McDowell was withdrawn from McClellau's command and the Merrimac continued a terror to Com modore Goldsborou'gh. If that admirable corps of McDowell had arrived, as the commander had designed and had a right to expect. York towu wonld have bseu captured almost to a ccitainty. and the rebel army all but annihi lated. The withdrawal of that corps, in the words of the Prince de Joiaville, '"destroyed every plan;' and hence the siege of Yorktown, the evacuation of that place by the rebels, the battles of Fair Oaks and Williamsburg, the disastrous retreat fromWTiite House and the sanguinary battles of the seven day, The engineering difficulties overcome bv McClellan during this campaign sre not among the least of his triumphs. The solM bridges which he designed and threw across tho Chick a hominy, connecting aud uniting Ids divided army, an undertaking which tho best en gineers regarded as next to impossible; tho plank roads whieh he caused to be built with magical rapidity, in the midst of an interminable swainp; the impregnable fortifications ho erected, and the skill he everywhere showed in baflling and deceiving his powerful antagonists, stamp him aa one of the first military chief tains and engineers of the day. As General McClellan said himself, on taking leave of the soldiers he had reared aud trained, History will do justice to the Army of the Potomac if the present generation does not." We commend this brief history of 'he cam paign to every one who would understand tho causes of the failure to take Richmond. Skill, bravery, science and soldierly excellence wero ready to accomplish the work. Political in trigue and natural difficulties rendered them abortive. Ri'soi'rckh or L.ikur Cmsa?Waste or Mkans in Nkw York.?There is no city in tho world that derives less advantage from its re sources, as regards the alleviation of its muni cipal burdens, than New York. Although its taxes are yearly increasing at a fearful rate, we make presents of franchises to corporations and individuals, and neglect obvious sources of revenue that would help to restrain, if they did not altogether arrest, this rapid accumulation of burdens. Let us take, for example, the seven or eight city railroads that are now in operation. These are earning, at the lowest estimate, au an nual revenue of a million or two of dollars, and returning large dividends to tboir stockholders* In every instuuee their charters have been ob tained gratuitously, and with scarcely a dollar ?f benefit to the city. This should not be. These railroad privileges belong, of right, to the Cor poration. and, taking into acoount the vast pe cuniary benefits whioh they confer, should not bo parted with without a proper Consideration. Thia latter observation, of course, now only ap plies to such grants as may be made in (he future; but there is no reason whatever why the existing city railroad companies should not be Hade to pay a reasonable annual tat ufiua their revenue?say teu per cent?to lighten the weight of our municipal burdens. The same principle should be applied to the ferric*. The revenue accruing from the leaxea granted by the Corporation to the different ferry companies and to individuals amounts an* nualiy to about a million of dollars, whioh should be made to contribute an equal share to the relief of onr citizens from taxation. Then there is another source of income which lies neglected and fal low, which might ho made to return at least another quarter of a million annually. YTe allude to the garbage aud filth of the city, which, carefully separated from ashes, could bo turned into excellent manure, with which the sandy fiats of Long Island might bo converted into blooming gardens. With the advantages of river depots and water conveyance that w* possess, the neglect of such a productive fertil izer as the manure that cj^uld bo thus dis tributed is not only wasteful, but criminal. It becomes doubly so when we consider thjjtt a large annual revenue is lost by this neglect to the city, which might either be applied to tk* reduction of our taxes or to public improve ments, suoh as the replacing the present-old wooden piers anil wharves by stone construc tions, which in the course of a few years would encircle New York with tho finest accommodar tions of this kind to be found anywhere. If there be a chance of our having an honest Legislature, or at.least an improvement upon the last , it is to be hoped that the sugges tions thus thrown out will be taken Into consi deration and acted upon. Power should be given to the Corporation t<> impose a tax upon all existing companies deriving their franchises from the city, and it should bo compelled for the future to make r o grant of this knd with out putting it up to auction, and soiling it te the highest bidder. In this way the weight of municipal taxation may' be very much lighten ed, and works undertaken for the permanent improvement and benefit of the city. The Great Preparatory Contest lktiveea Iron-Clads. The French and English governments are vicing with each other in the construc tion of iron-clad moii-of-war. This rivalry has assumed greater proportions since"the oonT bat of the little Monitor and the Merrimao startlod those nations into the conviction that their former productions in the way of armorod vessels wero, t<? say the least, but illy fitted to compete with such an ongiae of destruction U the Monitor. France and England were para lyzed for the moment upon receipt of the news of the struggle above referred to. and then thoy began constructing war vessels upon new pllfcs. Thft Frontu, ftfter mature deliberation, invented something wtilcli tTTeyf deem cible. The Magenta, the vessel in questtOu, jjl a huge iron-clad of the dimensions of an or' diuary eighty-four gun ship. She Is pierced with forty portholes on each sido, these same being muoh smaller than usual. Near the SROkepipe is a ball-proof turret, iu which the officers oa duty may take refuge ip an en gagement. The vessel is so constructed that her bow forms an immense ram. a huge, fonrnvU ble weapon. Tho plates aro unusually tl and the cannon of great calibre. The objectioi to be made to the Magenta is her height out of water and the fact that her sides must neces sarily be weakened from the number of port holes which offer an entrance to on enemy's shot, and render the ship loss a fife to resist such ordnauco as our iron-clads are to ?V>T The huge high sides of the Magenta woTH4 smash like pasteboard when struck with a shot from one of our fifteen inch guns. A ball weigh* ing four or five hundred pounds would pas* through her, dealing death and destruction as surely as it entered one of her open porta. The English hare committed the same error^ Like the French, they have constructed huge iron clads, the latest of which?the Caledonia?was launched a few weeks since at Woolwich. Llkis the Magenta, she is high out of the water, and affords too much of a mark to an enemy's shot. Those huge sides may be strongly plated; but they would smash and break when struck by one of the Passaic's flvo hundred pound shot. Doth of the vessels above named are merely plated on the sides, and might be easily destroy ed by hot shot falling on the decks. One thing is positive: they are not fully 3ocured. as our iron-clad ? are, from shot, uud cannot be termed invulnerable. A contiasl between those tea sels and our plated men-of-war is clearly iu our favor. The wonderful success of the great guns fir* 1 within the turrets of thePaasaio give* her an incalculable advantage over all vessel* of the kind. It is evident that our Monitor is uot a vet* nd calculated for encountering tho winter gales at sea; but the vessels now under construction?those immense eevon thousand tons Ericsson improved Monitors?aro to be'Sea worthy, and will be armed with rams and carry cannen of a calibre unknown in Europe. Tbe Magenta and Caledonia could never contend with such vessels, and France and England must try again ere they succeed in making even an approach to our Iron-clads. It is a matter of doubt as yet whether those French and English vessels aro any more seaworthy than our Monitor. Wo hare all heard of the result* of the Warrior's trip to Lisbon, and bow sba came back teaking aud 1* danger of foundering at each moment The Nnrmandie has, It in tru*, crossed the Atlantic; but the did so In latitude* whore gales nre almost unknown, and was no fortunate as to escape any bad weather; and even then the voyage was deemed a dangerous one, aud her officers reported unfavorably upon her seagoing qualities. Tbe Gloire has mad* some experimental trips in the Mediterranean; but she is not deemed an entire success by tho French Navy Department, Whatever the French Journals may state to that effect. We may safely conclude that as yet we rank far ahead of the Powers of Europe as regard* naval force; and we dure assert that when, in n few months, our new iron-clads are ready for action, all 1.ilk of intervention will become ? thing of tbe post. Gkvekaj Banks Tblt/? Whkrk lie I.sGotno.? la coavcti>uti(jD with an officer a Jay or two sine? General Banks made known the destina tion of hb expedition. "I nee, General," said the officer, "that the papers say you are going to Texas." ' Wall," replied the General, after a moment'* hesitation, "well, I am going South." * Acapui a* Mcric.?This evening llehnje Onerrabell* perform* tho "Figlm dl Regglmento," the rtft In which ?he appeared lu Milan alter the political edreuture which nearly te?l te Uor nrrcet In Venice, and which; owing to the enth'ieiMni with which >be *u reewtved hy the MilaneM, the Wan coir.polled te repeal eight timm 1% ?uceeaelue. The character la Mid to he eue of hot heel, and a ftaety engraved portrait of bar la It obtained gene ral vuirea* ft Idtw* M>c tefcdeet la nutation.