Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1861-07-10

From the London Times OF June lS
The campaign has not yet begun, and 1t Is dlffi-
cult 70 say when it will begin. On this subject
the accounts vary, perhaps according as eage-ness
or good sense psedominates in him who furnishes
them. Some MISUNDERSTANDING generally
the New York papers-have it that only few
days more will pass before a general advance
takes place to drive the secessionist army fro the
territory of Virginia We are told of the masses
at Washington, Alexandria, and other points. of
their readiness for the fight of their discipline and
obedience, of their general superiority to the
Southern lesies, of whom so little is known. On
the other hand, there are many reasons for
agreeing with the more cautious school of inform
ants, who assert that no serious operations will
take place before the autumn. In one respect all
the boasts Of the North are justified by the facts
The energy the free States have display ed, the
great number Of men they have raised, and the
good material of which their army is composed,
are beyond all praise.
In the mean time the Confederate States, it is
evident, are not sleeping. Everything betokens
that the conflict which is to decide the fate of
Virginia will be fierce, if not prolonged. Indeed
it is impossible to imagine that the Secessonists
would have carried matters with so high hand if
they had not been able to bring large force into
the field. Our New York correspondent says
that President Davis has probably under him not
less than from SO. 900 to 60 900 men, and that he
is thought to be desirious of outnumbering Gen.
Scott and gaining the prestige of an early victory
But it is plain that such estimates cannot be de-
pended upon. Indeed the very ignorance of the
Northerners respecting the Confederate army
shows that the military affairs of the South are
seems to US that if the South were as weak as the
New York press represents, it would be mere
easy to obtain information of the numbers and
disposition of the army. With whichever side
victory may rest the battle is likely to be hard
one, and though the main effort of the Washing
ton Government may be postponed till the close
of the year,it is probable that much blood will
be shed within the limits OF the Old State which
is now to be the battlefield of civil war.
From the Liverpool Post OF June III
Tax BEGINNING OF THE END IN THE UNITED
SrArEs-As all the financial affairs Of the Union
may be said to be transacted in New York, the
merchants and bankers in that city must, under
every circumstance, exercise great influence when
they choose to exert it. The planters and the
merchants OF the Southern States have learnt by
this time that the secession was, at all events, q
commercial mistake, and they need no phoso-
pher to tell them that ruin impends over all if
war be continued. 1t is therefore hoped and be-
lcyed that the voice of the commercial commuu-
ity will now be exerted for the restoration of
peace. A compromise is possible and desirable;
and as 1t is evident that the Southerners are not
in a condition to fight. liberal compromise, if
offered, would probably be accepted. Owing to
the vastness of the commercial transactions IN the
present day, and the intimate intercourse which
prevails over the civilized world it is found that
this war in America has a most deterierating
effect on the prosperity of all nations. All ma
tons are therefore interested in its speedy ces-
sation; and it is possible that French and Eng
lish diplomacy, il wisely and discreetly e.erted
might assist in promoting result which all good
men and poor men are so DESTROYS Of obtaining.
Possibly this can be done after decided battle or
two for nearly in every instance peace has ap
peared in the shadow of victory. 7
tFrom the Saturday Reviewl
The crime of England is that an opinion which
was universal in America two months ago has not
been abandoned in Difference to the sudden gyra-
ton of Northern feeling. The United States
officers still recognise their sdversarcs as open
enemies, and whenever they can control their
troops they will undoubtedly conduct hostiities
according to the laws OF war. 1t is only when
the Confederate flag comes in collision with ne,i-
trails that belligerents suddenly reduced to the
condition of pirates. ,fas,f ,la
All dispassionate spectators perceive that the
complete success of the Northern Government is
impossible, and many causes will tend to sbate
the excitement which has recently blinded the
people and their leaders. Mr.. Jefferson Davis,
knowing his inieriority in men and money, will
not seek defeat by advancing to the North. and
in his proper territory he is nyncible, or rather
he is safe from attack. A war ON great scale
can only be carried on with great standing army.
1t Is easier to blus.er about half million Of men
than to feed and pay 1907 900.
The people of the United States are little ac-
customed to taxes, nor will it be easy to incur a
large debt. which would be repudiated soon as
it became necessary to provide for the interest II
the sacrifice were undergone, the Republic would
have provided itself with a MASTER in the form of
an alien body of veteran mercenaries. The rank
and file Of the regular army will be Irish, with,
perhaps. an admixture of Germans; and, as Amer
leans are well aware, no race is either drawer or
more Indifferent to constitutional forms. II the
South were conquered, the army could not be dis
banded; for it would be necessary to retain the
| seceders by force within the Union which re-
claimed them. The most sanguine Northern pol
itician can scarcely believe that the slaveowners
will be henceforth conciliated by concessions such
as those which were scornfully rejected whenthey
were eagerly put forth by the Republicans.
KxIcurs mr. Tur Cor nry Ctpctr-C n Par