The Sun.
London, England, 1863-10-28 00:00:00

LONDON, WEDNESDAY, ocr. 28, 1863.

Although this latest news from America—the
news but just now brought to us almost simulta-
neously by the City of London and the North
American—adds but little to our previous know-
ledge (that is, in regard to the position occupied
relatively by the Federal main army under MEADE,
the Army of the Potomac as it is called, and the
Confederate forces under LEE) it is so far remark-
able that it has precisely the same drift or tendency
that that earlier information had. The storm-
current sets still strongly and steadily against
Washington. The belligerents are drawing nearer
and nearer to the capital the Federals,
of course, retreating, the Confederates ad-
vancing. The headquarters of LEE are still,
it is true, upon the field—the twice " foughten
field"—of Bull Run. But, a portion at least
of the Federal army in their avoidance of a more
serious disaster by a timely withdrawal before the
late formidable m ovements of the Confederates, have
retreated, it seems, to within a distance of a very
few miles indeed, from Washington. The mere in-
timation now put forth, first of all as a vague
rumour, afterwards very confidently and even ex-
plicitly, of another call by the PRESIDENT for fresh
volunteers, would almost seem to be ominous of
new panic. Mr. LINCOLN'S call is variously stated
at 300,00'3 and upward, actually, according to one
account, at double that number, at fully 600,000
volunteers.to OWEN GLENMOWER again rising
our remembrance, when we hear of it !
The "It" 1 1110011 which Mr. LINCOLN has been
carrying on.
the
war all along would really appear
to be about the most reckless well imaginable. As
for the financial
part of it—we all know what tkat has been. The
Debt, illustrates ixt,Pf7ing and expanding Federal
htfully even now. Paper ad
libitum—credit
heartening
on ns
the ed : these being the two axioms
slapdash dare-devilry of the
According Federal Government.
to the old Arabic
proverb, a straw, at last,
may break the back of a
camel. But it is not
mere straw that
has been heaped up
on
that but too
well named symbol—the greenback.trk One
months
ago, m
our English caricaturists hit the
ago, when he represented, by a touch or two of his
comic pencil, the Federal President and the Federal
Financier, hauling away at an apparent'Y
intermin-
able coil of paper. Certain, however, is it that, if
continued thus recklessly, upon the principle of
these wonderful administrators letting themselves
have rope enough, it must either snap altogether or
strangle them in its involutions. It is the maddest
4, piling up mountainously" that even the Yankees
have even yet adventured upon. And—with
what result With the disastrous result, after
two or three years of the most sanguinary con-
flict, of bringing the main bodies of the belligerents
back to their old battle ground, within easy dis-
tance, not from the Southern capital, but from the
Northern capital—not from Richmond, but from
-Washington. And all this while, too, the supplies
that have necessitated this enormous expenditure
have been
quite as much supplies to the Confede-
raterrh troops, as supplies to the Federal troops.
at it is so, is matter long since of absolute noto-
riety. When the South has been harder put to
it than usual for supplies they have gone north and
taken them. This has been done not once or twice
in a moderate Way, but again and again upon a
gigantic scale. Provisions, artillery, munition bag
and baggage, livestock and dead stock, all have
been as one in that way between the belligerents.
And most of the booty seized in this way vi et
armis by the Confederates, has been often but just
fresh from the depots of the Northern contractors.
As long ago as Dr. RUSSELL'S time, the English
public knew all about it in this
waynanaleealyd:
that, for miles and miles along the roads
ing from the fields vacated by the Federal 4, eke.
dadlere" lay scattered over the ground, Rug down
by hundreds upon hundreds in the agony of precipi.
tate flight, militaryfegoods and chattels, hardly Wm
or tarnished in the least, beyond their mere exposure