The Sun.
London, England, 1862-06-26 00:00:00

THE CIVIL WAR IN AMERICA.

LIVERPOOL, WEDNESDAY.
The Montreal Ocean Mail Steamship Company's
screw steamer Bohemian, Captain Borland, which
left Quebec on the 14th inst., arrived in the Mersey
this morning.
A telegraphic summary of the news has been
already published. As no new military movements
of imp6rtance are recorded, the news is mainly con-
fined to details of events already known. The latest
intelligence from the newly captured city, Memphis,geral
reports all quiet. The Memphis papers in
en
confirm the Federal accounts of the proceedings
which led to the surrender of that city, including
the destruction of the Confederate fleet. They re-
goeareend the citizens to submit to their fate with
calmness, but to keep aloof from the invader, and
to fearlessly maintain their loyalty to their own
Government and State.
Colonel Filch, as acting commander of the Fede-
rals at Memphis, had issued the following general

notice :
Headquarters, Indiana Brigade, Memphis,
Juno 7.

The undersigned, with the troops under his com-
mand, has taken military possession of the city in
the name of the Government of the United States,
for the purpose of asserting the supremacy of the
constitution and laws of the Union, and restoring
the peace and protection of public and private pro-
perty, and the lives of its citizens. Hundreds who
may have fled from their homes are expected to re-
turn. Merchants and others, who have abandoned
their business, are requested to reopen their stores
and shops, excepting those dealing in intoxicating
liquors, who are forbidden to resume their traffic
under penalty of having their stock immediately
destroyed.
The Mayor and Common Council will continue
to exercise their municipal functions, the military
authorities simply co-operating in enforcing all
proper ordinances, unless some exigency should
arise rendering it imperative to place the city under
martial law. It is hoped and believed that nothing
will occur to render this step necessary. No act of
this command will afford any pretext for citizens
placing themselves in that position.
Captain J. H. Gould, of the 46th Indiana Volun-
teers, will act as provost marshal until further
orders. Major I. C. Magor, of the 43d Regiment
of Indiana Volunteers, will have command of the
pickets and patrols.

(Signed)

* Al. * *

A Memphis despatch of the 10th says :
Quiet prevails throughout the entire city. The
ready submission of the inhabitants to Federal rule
is surprising and gratifying. The civil authorities
continue to discharge their functions as heretofore.
The provost marshal's office is thronged with appli-
cants for permits to proceed north. All persons
are required to take the oath of allegiance before
permission is granted.
Jackson's rebel cavalry which has been hovering
around the city since the Federal occupation, is
said to have gone to Holly Springs. As most of
them are largely interested in that city, it is im-
probable that they will make an attempt to burn it.
The City Recorder was yesterday arrested by the
provost marshal for causing the arrest of a citizen
for conversing in the street with a Union soldier.
The rebel cavalry are scouring the country around
Grand Junction, destroying all the cotton that can
be found. Application to ship 6,000 bales of cotton
is already made.
The 41enzphis Argus is still outspoken in seces-
sion sympathy ; the Avalanche is more guarded,
and inclined to submit quietly; both advise peacable
submission to Federal rule.

Many stores have opened and resumed business ;
some dealers refuse Confederate money, but receive
Tennessee bank notes. Two rebel steamers were
captured yesterday above the city.
A special despatch from Memphis to the New
York Tribune says that many of the Memphis banks
aro at Columbus, Mississippi. General Hindman
took a forced loan of a million dollars from them a
week ago in the name of the Southern Confederacy.
Commodore Davis is sending despatches overland
to General Halleck.

It is stated that as soon as the news of the defeat
of the Confederates at Memphis and the surrender
of the city reached St. Francis River, Arkansas, a
steamer, acting under General Hindman's orders,
went. up 13111.1 ULM u I,lac ruvil,l7l, ..a
ral thousand bales of cotton.

It is reported that 30,000 bales of cotton had been
destroyed at Memphis.
A Memphis telegram of the 12th says :
The reports that the Confederates have burned
Vicksburg are not credited. Several gunboats and
rams were sunk in a reconnaissance up White River.
Many families are starting north, who have been
waiting mouths for the Union forces.
Lord Lyons had an audience with the President
at Washington on the 13th, being on the eve of his
departure for Europe, where he will remain for se-
veral weeks.

General Burnside, who had arrived in New York,
was tendered a serenade by his friends. He replied
that he was exceedingly obliged to them for their
kindness, but declined the compliment.
A Washington despatch says that a telegram had
been received from General Johnson, to the effect
that-the Confederates were reported retreating from
Cumberland Gap toward Challinogo; if so, East
Tennessee is at last freed, and General Morgan im-
mediately takes possession.
Affairs at New Orleans were unchanged. The
Kew Orleans Delta, of the 29th, says :
Ex Senator and late Provost Marshal Poule had
been arrested on a high political charge, and wuuld
be sent North in a few days.
General Butler had had an interview with the
officers of the Southern Bank, and the bank was
ordered to pay all their depositors upon demand, in
such money and according to the provisions of Gen.
Butler's general order.
The bells taken from the churches by order of
Beauregard were shipped to New York by order of
General Butler.
General Butler gives notice that the Chief of
Substance will sell to families for consumption, in
small quantities, beef, pork, beans, and bacon, at
7c., and 10c, for flour.
Letters from General M'Clellan's army state that
it is proved beyond a doubt that the Confederates
made the attack on the memorable Saturday with
60,000 men, and that they were obliged to confess
a complete defeat with a loss of 10,000 men.
It is also stated that t it is now well known that
in North Carolina unionism had broken out in open
revolt, and that six North Carolina
regiments were
surrounded with 3lissiesippi and Alabama troops in
superior numbers, who disarmed and placed them in
confinement.
Advices from General M'Clellan's headque.,ters
to the evening of the 12th state that a reconnais-
sance made that morning as far as Meadow Bridge
found the enemy quiet but in force. Some skirmish-
ing had taken place during the day, but with little
result on either side. The weather was good, and
the roads and ground drying rapidly.
Nothing additional had reached the War Depart-
men t as to the engagement between the Federal Gen.
Shields and the Confederate General Jackson. The
Confederates claim to have gained the victory, and
to have taken 600 prisoners. They state that their I
own loss was small.

Gen. Fremont, in his 'official despatches, claims a
very decided victory over the Confederates at Cross
Keys. Writing on the 10th from Port Republic,
he says :
Everywhere was evidence of the completeness of
yesterday's victory. The battle was fought at Cross
Keys, and takes that name. The rebel loss was
greatly aupeiior to ours. They left their dead and
1:050° a_ ny-of their wnundcd on the field. Not less than
dead were found, and many wounded. Two
of their Buu were leftbehindand e captured
Q b were
hcu,a
1170;.!
r:cdel wounded were found in cvcry
e.
cl lA}, mbulances, waggons, arms,
an clothing
rc-
gimcntEtraw-
lost all but field.e
The Lmisianai
morT.he enemy retreated
until midnight, and thin ran, their rear guard
crossed the Shenandoah at this
la Pate?, and burnt the
bridge.
Fremont estimates his own loss at 125 killed
500 wounded, including many valuable otne4and
Telegraph news from Augubta, dated Julio 7,

reports Governor Andrew Johnson, of Tennessee,
killed in Nashville by a man named Gen. Brown,
who in turn had been killed.
The same despatch says that General Butlee has
been killed in New Orleans, but adds that the re-
port lacks confirmation. Vicksbm- - papers ..state
that De Sota, Mississippi-, had bean destroyed by
the Federal fleet, and adds, " bat three little build-
ings now marked the spot which once glorified in
the title of a city."
The same report adds that the Federal gunboats
shelled the town off Grand Gulph, and their trans-
ports landed a number of troops, who pillaged and
sacked the town of everything they could lay their
hands upon.
A Nashville despatch of the 12th says :
The rebel batteries at Chattanooga were silenced
on the 7th, after a heavy cannonading of three hours.
Our forces opened fire the next day, and continued
firing for six hours on the town, driving the enemy
out of his works, and forcing him to evacuate the
city. They burned the railroad bridges to prevent
pursuit. The East Tennesseans came out in crowds
along the march, and cheered our troops enthu-
siastically.
In regard to the new issue of 150,000,000 dols in
demand notes, a Washington telegram of the 12th
says :
The excitement in New York about the proposed
authorisation of an additional 150 million dols. of
United States notes is regarded here as unwarranted
by the facts of the case. The whole nominal circu-
lation of United States notes at this time is only 117
million dollars. There are in the Treasury to the
credit of disbursing officers about 32 millions, leav-
ing about half a million with which to meet drafts
from the department. Of the 117 millions, about
seven millions, being the amount of- the demand
notes, are practically withdrawn from circulation,
and hoarded for the payment of customs of the pro-
posed new issue. Therefore 57 millions may replace
the amount thus hoarded, and about 40 millions
will be withheld from issue to meet possible de-
mands for temporary deposit beyond the immediate
means. Thus 97 millions will make no practical
addition to the circulation. It is well understood
that the Secretary will in no event issue any part of
the notes if authorised excepting small notes to take
the place of large, in payment to the soldiers and
other creditors preferring them, so long as the duties
on imports, the increase of the temporary loan and
the conversion of the United States notes already
issued into 5 20.100 par bonds, now practically
limited to the 90 million of legal tender notes,
yield revenue enough to meet the daily expenditure.
During the present week thus far the income
from these sources has more than met current ex-
penses. The conversions have alone supplied more
than half a million dollars a-day, , and will pro-
bably increase under the circumstances. Very
little use will be made of the additional authority
proposed to be given the Secretary, though it is
thought prudent to guard against possible exigen-
cies by giving it an expansion of the currency.
What may take place, therefore, will not be attri-
butable to the Treasury Department, to whatever
else it may be ascribed."
The Secretary of the Treasury in his letter to
the Committee of Ways and Means, says :
" The limit of temporary deposit is now reached,
and nothing further can be expected from that
source. It is therefore upon the conversion of
United States notes into five and twenty-hundreds,
and from the receipts from Customs, that the Trea-
sury must mainly depend for means to meet cur-
rent expenditure."
The Portland Argus says :—" The big guns are
being mounted in the forts of our harbour; we
presume not from any presumed present emer-
gency, but because everything was ready for their
mounting."
The New York Herald has a letter from Louis-
ville to the effect that rumours are rife that the
" rebel" General Kirkly Smith is marching from
Knoxville across the mountains to Nashville, which
is now in possession of our forces. A portion of the
rebel troops at Corinth are reported to have been
sent to reinforce Smith ; it is stated that reinforce-
ments have been sent to General Dumont, the Fe-
deral Commander at Nashville.
As regards the threatened bombardment of Gal-
veston, Texas, we have nothing additional to what
has been already published, except the announce-
ment that on the 22d May a foreign war vessel ar-
.4-4, otrrwnbiananTlQ of an A. fffirlr the
foreign consuls had taken ships for the protection
of their subjects.
General Magruder is said to have been assigned
to the command of the Confederates in Arkansas.
General Banks's report of his retrograde move-
ment is published. The general claims it to have
been a positive military necessity, and that the
movement, under the adverse and dangerous cir-
cumstances, was bravely and successfully executed.
He estimates his loss at 38 killed, 165 wounded,
and 712 missing—total, 905. Fifty-five waggons
were lost.
In the House of Representatives on the llth,`Mr.
Whaley offered a resolution which was referred to
the committee on military affairs, in acknowledg-
ment of the services of Major Anderson and his
officers and men for their gallantry at Fort Sumter,
and providing gold and silver medals for them.
Mr. Bingham offered a preamble and resolution,
which, after a lengthy debate, was adopted, setting
forth that information had been received by the
Government that the Hon. Benjamin Wood, mem-
ber from New York, had been engaged in commu-
nicating, or attempting to comilpicate, important
intelligence to the enemy, anr concluding with
directing the committee on the judiciary to investi-
gate the matter. Mr. Stevens, from the committee
on ways and means, reported a bill, which was
ordered to be printed, authorising the issue of
150,000,000 of Treasury notes, of the denomination
of not less than five dollars, to be lawful money and
a legal tender in payment of all debts, public and
private, excepting duties upon imports and interest
on the public debt, &c.
In the Senate on the 12th, Mr. Davis offered a
resolution relating to General Buckner, stating that
he had seduced the State guard of Kentucky, and
committed treason, and was under indictment for
treason against the United States in the District
Court of Kentucky, therefore, "resolved," that said
Simon Bolivar Buckner ought to be transferred to
the civil authorities of the United States to be
tried for treason, whereof he stands indicted.
After a debate, in which some speakers urged that
Buckner should be exchanged for some Federal
general, and others that he should be hung, the
resolution was postponed.
On motion of Mr. Saulsbury, a resolution was
adopted calling on the Secretary of State to inform
the Senate what amount of money had been paid to
Maine and Massachusetts for yielding to the Ash-
burton treaty, and what had been done with
the money stipulated to be paid for certain lands
taken by Great Britain, and if the same had not
been paid, why not.
111 the house of Representatives Mr. Stevens re-
ported 'back the Tax Bill from the Committee on
Ways and
314 amee Means. He said the Senate had made
&tents, a large number of them un-
important in their
. character, and in order to facili-
tate a definitive action
in , he moved a general non-
concurrence all the
amendments, and then asked
for a committee of conference. Some debate followed,
when the motion was
adopted by 81 against 58.
h army,r Arnold's
a„mendments—
i
The Senate bill defining the pay and emoluments
of certain officers of the
enibodied
bill to give
o citizenshipn e ot.
to
all volunteers Who serve, and are
honourably discharged, on proving one year's resi-
dence, and another to punish fraudulent contractors
by court• martial, with fine and imprisonment, and
to bring all contractors Tinder articles of war, was
passed.

COMMF,RCI IL INTELLIGENCE.
The latest monetar intelligence from New York
to the evening of the 14th, received via Father
Point, is of considerable interest. A very heavy
shipment of specie for Europe by the tWn steamers
sailink on that day caused a great excitanent in
regard to sterling exchange and the price of gold.
B,(nkers' bills on London rapidly advanced from
1161 to 118, and gold rose from 0; per cent to 7
per cent. premium. There was also an upward
movement in the leading securities, United States
Sixes closing at 107.
Cotten was quiet but firm, at 31c. for middling

Uplands. Breadstuffs—Wheat, winter red, 1.18
; Chicago spring, 1.00 dol. ; extra state flour,
4.55 dole. Tallow, Ke. Lard, B,Zic. Spirits of
turpentine dull, at 1.571 dol. Coffee firm at 201 c.
Freights to Liverpool—Flour, 2s. 6d. ; wheat, 10d.