The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-04
seoonding the efforts Of the American Tract SO.

~ " Vim ALAkhALy NAO
seconding the efforts Of the American Tract So.
ciety. gM9 tfM VaV ~ III Ia
Rev. Mr.. Conway, Chaplain Of the Ninth regi-
ment N. Y. s. ", now stationed at HattcSas Inlet,
delivered an interesting discourse last evening, AZ
the church Of Thirty ninth street and Ninth
avenue, on the Sufferers of North Carolina" lie
sketched the deplorable state OF the inhabitants OF
that locality. as well as their genuine loyalty to
the Union cause. He was followed by the Rev.
Mr.. Taylor, clergyman Of Hatteras. 1t is pro-
posed to send relief at once to- those in want at
Hatteras Inlet.
According to the report Of G. l.. Memminger, the
rebel Minister of Finance, it costs the bogus con-
fcderacy upwards of two hundred and fifty millions
of dollars a year to keep their army in the field.
To raise this amount will require an annual tax of
forty-six dosars on every white man, woman and
child in the eleven seeded States. The reckoning
day is approaching.
The European news produced excitement In the cot
ton market Saturday while the sales embraced about
1900 bales to spnncrs and Speculation closing on the
basis Of DC for midd'ing upands which advance
OF No per lb The -four market heavy and full &C.
per Dbl. lower, and for grades Of common loc
lc. &C. per bushe lower, with less activity in sales
Corn depressed by the foreign news and closed at
lower rates. or at about 1c 70 per bushe Pork was
steady with fair demand, with sales Of mess at $,5
SIS TO- and at 50 C2's 50 rs for prime. Sugars were
rm and about &c &c higher, with sales Of about oo0
ids. and $50 boxes. Coiice steady, with sales u
lilo at lbac. Freghis unchanged for English ort
though some loss active To Havic rates were at 2so
81 ain and Soc. for -four. r tH
n,,- - ~
Campaign Under General Mcclellan.
The terrible "noreaster", which visited this
coast on Saturday has created some apprehen-
sions as to the safety of our great naval expe.
dition. We think, however, from the intelli-
gcnce that on Wednesday night the squadron
was passed off Cape Hatteras, under bright
skies, and was moving on finely, we may safely
assume that it has passed, on smoothly to its
destination, and that at this moment it is riding
at anchor in some one Of the harbors, bays or
nlets of South Carolina or Georgia, covering
the land forces at work upon their intrench-
ments. t4t
Assuming, thus that balmy skies and iavor ring
naval enterprise, We expect that our first direct
intelligence from it will be Of its successful
Judgment upon the ''sacred soip' Of King Cot
ton. From this point therefore, under our new,
able, vigorous and sagacious head of the
army-General McClellan-we shall begin the
comprehensive work of new campaign against
this beleaguered Southern rebellion. We have
already indicated our views of the programme
and purposes of this important naval expedi-
ton. First, it is a military movement upon
the flank and the rear of the enemy--a diversion
which cannot fail to weaken. distract and de-
border slave States. Secondly, it is move
ment under the flag of the Union for the res
cue of our Southern cotton planters, and the re-
lief of the cotton mills of England from the
threatened evils of starvation
In this aspect of the question We anticipate
the best results--a great popular reaction in
the cotton States in favor of the Union. Surely.
in their present exhausted and oppressed condi-
ton, the opening of cotton port or
two to our cotton planters, under the old
Union flag, will bring them in with their
cotton to our protection. And so, too, when
the cotton spinners Of Manchester find that we
have made an opening for their delverancc, we
may expect some very Important changes in
the views Of the British cotton Cabinet touch
ing this impracticable Southern cotton confede-
racy of Davis and his fellow conspirators We
are aware that the rebel junta at Richmond
have interdicted the transportation Of cotton
from the plantations to the seaboard, for fear of
seizure; but with port opened and market
at hand, and with such prices as cotton has
never commanded before, and will never COM
mand again, and with such necessities for
money, salt and clothes, and shoes and coffee,
DC, az our Southern planters never dreamed of
in yielding to this rebellion, the cotton will
come to the market even in the face of this
confederate military interdict and TO the extent
of a rebellion against 1t.
This will. indeed be carrying the war into
Africa; and meantime the comprehensive army
plans of General Mcclellan, now nearly per
fected, win soon be developed in an onward
Cairo. Of all the good services of General
Scott in the work Of putting down this gigantic
rebellion, we believe that he has served us most
efficiently in singing out this active and able
young -McClellan-as his successor ard
in bringing him forward to the organization Of
the army Of the Potomac.in season to take the
supreme command in all the active operations
of this grand autumnal campaign. A fortnight
or more may be required by General Mcclellan
TO get everything in readiness. from the Chesa-
peake to the Mississippi, for harmonious sys-
TEN of military movements; but, then, with the
striking Of the first blow, we may expect, quick
and sharp, series of decisive actions along an
internal military line of fifteen hundred miles
and along our Southern seaboard, from Cape
llatteras to the Bal2e.
We have no longer any misgivngs of WASTING
delays and continued desultory and indccisiye
border skirmishcs. We Rave now The full be-
neft Of the ancient maNim-old men for coun-
Gil and young men for action; If, indeed, since
they have gone so actively to work, We
e Al.