The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-08-09
The Defeat of tho Grand Army-Its Efec,
at the North.

The Defeat of tho Grand Army-Its Efec.
at the North.
The New Orleans Picayuns publishes a
letter from its New York correspondent,
fated July 18th, from which We make some
extracts:
Our people have not yet recovered from the
teir bic thTashlug the sou In gave on sun
DAY The papers here and else here had all
hshred up n victory in advance, and hence,
when the Waterloo defeat WAS announced
coupled with the fact that our troops were re-
treating BACK upon Wa hington, the shock
tell upon us ike a shower hath in a winter
day, and !: will Re some time before our re-
covery viii be complete.
II had been agreed that the vict0rs In
Lhe Hrst great clash Of arms would wear
upon their arms the omen of Il like glo-
Fious result III The end and tho triumph Of
southern arms in the conf inst closed has
cast feeling CT InisgIving throughout every
People here indeed, are astourded at the
military tact, capabilities and shrewdness OF
The enemy" and they now find after mos {
oitter, costly and bloody Lesson, that they
nave Toe 10 deal with who is worthy of their
steel. When the Northern army where fight
lng women and children in Western Virginia
aud II sscuri, tho accounts of their success In
such "TondertHl'' conflicts fairly made the
North dance with ipy, and that same bombas
'iC North rally believed it could whip all
creation in less than no time, When The
marc h con to RChmoDd' vas cOmmeDc ed
however, tho sad and unexpected result OF
that ''march" ibackwarls) opened tn. blind
|eyes of oar people, and they found they were
lighting an enemy" who could on tn lumber
them two 10 Cur, aud who would con test step
oy stop and inch ny inch every inroad upon
heir sol.
The North has felt the cee-ity most keen
!y, and Notwithstanding he extensive Efforts
hat We're made 80 induce the public 10 be
,ieye that the defeat w3s not much after all,
a hat ..i,yN
still, the important fact that We were defeat
ed remains, and All the whstIinZ to keep our
courage mp amounts ~ nothing more than
whis ting after all.
When shall again Ne able to take the
field, no one appears 10 know. The army,
routed, spirited, demo ~a'ized and broken up
ny ths return home o. % 900 OF those whose
terms Of fe~vice have expired, throws the
AholIt ton Government haC. Il least mon III
while sorle of The Washington authori irs
cont END that il will not be able to resume of
fensiv@ operations until late in The fall
Meanwhile the SOutherners are creeping
further on towards Washing ton, and yestpr-
day their pickets wsrs nearer that city than at
my period since the Federal occupation OF
Virginia soil. Whether they will make an
attack upon The Northern troops encamped at
Arlington, and then dash On to Washing ton,
we cannot tell, though it wonld not surprise
me If their victory was followed up by some
decisive blow before the Federais had time to
recuperats and repsenish their broken forces.
i
had raised s. 900 600 in this city on sixty days
credit, WAS premature. The loan was only
about half subscribed then, and the disastrous
news from NiTginia coming to hand next day
stopped further subscriptions at once. Those
who had already subscribed now demand some
proper security for their funds, or else the
privilege of converting them into 20 year
b0nds. The Government has also been in
Boston and Philadelphia for money, and OBJ
aimed abont Il 600 900 III each city. Its imam
css certainly are in n terrible plight, and rev
-nu- from custom. has almost entirely dsap-
peaied With such prospect before II, and
such difficulty III raising few paltry
millions. what earthly chance j, there ask,
for the negotiation OF the $500, 900 geo just II
thoriHed by Congress, and which can easily
be squundered IN single year,
The uneasy feeling IN the North since Its
defea; has been increased by the report OF the
British Admiral on this station that the block
AIDE was a farce. or, in his own words, entire
iy nellicient. This has been construed into Il
belief that IL will not hs respec ted by Eng
land for, according to Lord John, it would
only be respected when found 10 be Hhsoin tely
efficient There lie no donht in my mind,
therefore, but what the first British vessel
that appears off the seeded portg Will re-
ceve all the projection it wants from British
guns, even at the risk OF a b"oadslde from our
own men of WAT. Matters are certainly shap-
ing in snch direction, and L. is As we'll To pre-
pare for stirring naval scenes in Sou h-rn wa
Lers ut % distant dNy.
AdyICes from Washington yesterday repre-
sented that ia. Government did not conhldar
this All absolute blockade, bat only All ''sm =
barge" adding, however, hat any foreign
vessel that attempted 10 break IL would hs
seized rs quickly IA il the embargo were II
BONA fds block de. But what twadd.e Ac
coTding to It's own construction, embargo and
bloc kad. are one aud the same or merely a
distinction without difference
You had better believe the three months
u ops ara glad to get home again ; never did
the boys fully know the value OF their
mothers apron SuiCgs AZ at the presant honr
r. enlist, torsouth Just ask EN- 1t is true,
here and there ii lew who have nothing else
20 DO, and no one TO care tor may g, bat The
maloIity will >ee old Ahe and BIS gang IN pnr-
gatory before they VIII again take Hp arm.
against their county men. M, Abey, those
eighteen or twenty regiments that are wend-
Jag their way home gain have had enough OF
your prisoa fare and reatJnent--thsy have
seen the elepbant-aId you must now east
about YOUR hook for q new set Of green horns