The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-07-30

Scott. Such are the recent Developments of
the runaway hero of Solfcrno and Bull run.
We trast that General Scott and all others en-
trusted with important army secrets will keep
him at arms length for the future
WANT OF BAcKDoNE.-The deleterious effect OF
mercantile pursuits on the spinal cartilage is
well known; but we never saw it more strikingIy
illustrated than it has been in Wall street within
week. For the last few days several leading
bankers and moneyed men have been going
about wringing their hands, and declaring that
the affair at Bull run has ruined the country.
Our very first disaster seems to have knocked all
the pluck ont of these fellows, who are snivel-
ling like whipped schoolboys. 1t is well for
the country that Wall street has so little influ-
ence in directing our national affairs.
There is story in the history of Rome which
these weak backed money dealers should pom
der When Varro returned from the battle of
CANINE, where he had lost 30, 900 men, and had
been most horribly beaten by the Carthagcnians,
he fastened to the Senate and told his story, ex-
tenuating nothing denying nothing, and wind
ing up with request for 'imore men," The
Senate instantly, on motion Of its leader passed
unanimous vote Of thanks to Varro "for that
he had not despaired of the republic" This is
the way the Romans took their defeats.
We are not so foolish as to expect to take
anything by appealing to the manhood of the
backboneless bankers whose courage oozed out
of their fingers when the little affair at Bull run
reached their ears. But they ought to think
more of their interest than to whisper a word
about compromise Peace now would inaugu-
rate secession as cardinal principle of our
government; would consecrate eternal anarchy
throughout the country; would depreciate all
kinds of property, and render government stocks
absolutely worthless; would render trade for
ever insecure and liable to periodical rcvul-
sions; would compel Ills to keep permanently on
foot at least as large an army as we have at
present and would so disgrace us in the eyes
Of foreigners that no American would ever be
able to hold up his head again. Let us hear
none Of it, then; let us rather thank Providence
that the trifing rebuff our arms met with at
Bull run has put us in the way Of correcting
evils which, had they continued to exist, might
have proved fatal to our interests hereafter.
RECRUITING FOR THE ARMY.-There are now in
this city about six thousand returned volnn-
teers, and in Boston and Philadelphia there are
probably the same number. These men are
all tolerably well drilled soldiers, and are supe-
rior to most Of the new regiments that have gone
to Washington They will be lounging about
the large cities in forced dlencss, and If pro-
per inducement were held out to them we have
no doubt that they could be easily got to re-
enlist for the war. A bounty sufficiently large
to enable them to make some present provision
for their families would be the most potent az
gllment that could be used. 1t would be more
satisfactory also to the feelings of the com
munity, which is panied and wearied by the COM
plants made Of the present inefficient mode of
dealing out relief to them. They are treated
like pauper dependents on the charity of the
public, when they are in fact their protectors
and benefactors.
Efforts are being made by certain incen-
diary politicians in this city to take
advantage Of the recent reverse 10 our
arms to persuade the three months vol
unteers not to re-enlist. They will fail in
their traitorous cRdeavors, for the simple
reason that the patriotism of,our returned SOL
diers is burning to wipe out the stain of their
s-late defeat. They require only leaders on
whom they can rely, and the assurance Of peeu-
mary assistance for their families, to induce
them toeagerly embrace the opportunity. More
than this they do not ask, and, as husbands and
fathers, they certainly ought not to be satisfied
With less.