The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-18

great many things of interest, have pretty
broadly intimated that there is still something
lying back which is the real secret to the action
of the board in this matter. What this is they
leave a mystery; but the public, we presume,
will be fully posted on some future day through
the Developments made before jures when
the several libel suits growing out of this
matter are tried. The next Legislature
will also unquestionably open this rich field,
and furnish few interesting items now hidden
from the public.
SOME OF THE LAST WORDS OF GENERAL LYON
SoRROwFUL REBUKE OF THE INEFFICIENCY AT
WAsHNGToN.-A gentleman who was with Gen.
Lyon reports that on Wednesday preceding his
death, the brave General said to him-"Well, /
begin to believe our term of soldering is about
completed. have tried earnestly to discharge
my whole duty to the government, and appealed
to them for achievements and supplies, butt
alas they do not come, and the enemy is getting
the advantage of u.s."
On whose hands is the blood of General Lyon?
1t is well known that the patriotic men who
have thus far saved Missouri to the Union
have received but sluggish and stinted
help in their heroic efforts from the au-
thorities at Washington. Our own merchants
were early called upon to supply the deficiencies
OF the government, and fifteen or twenty thou
sand dollars were raised by voluntary subscrip-
ton in this city to purchase blankets and
clothing for the Missouri volunteers. Their
State government was against them, and they
not only received no favors, but they met with
the most violent opposition from that quarter
1t was only by the most determined and peril
| nacious efforts of Colonel Frank Blair that the
government at Washington was induced to do
the comparatively little it did. That proves to
have been quite insufficient, as we are assured
by the event, and by this remark of Gen. Lyon
whose mournful words will linger in the me-
mory of the country which laments his death.
Three months ago the most splendid cavalry
was rendered to the War Department from
Iowa, but it was declined. eve do not want
cavalry" was the reply; tell your men to
raise corn" But cavalry would have been
more serviceable than corn to the gallant Off
Ger who risked and lost his life in the support
of that government which had refused him suf-
ficient reinforcements. We refused to listen to
the voice of the living; will we heed this part
ing admo4itiOn Of the glorious dead'
THE NV NATIONAL LoAN-The first fifty
million instalment Of the new national loan has
been put into the market. The favor with
which it has been received is most gratifying,
and insures the popularity we predicted for it.
At time when trade is utterly dead, and when
speculation involves unusual risks the capitalist
will be glad to find so safe and profitable an in
vestment for his money. 1t will be the same
with the working classes. Every one, therefore,
who has fifty dollars to lay by should at once in
vest it in Treasury notes. BY doing so he will
not only dispose of his money to the best advan-
tage, but will aid the government to defeat the
treason by which it is assailed.
The country has deep stake in the success
of this loan. Next to the vigorous prosecution
of the war, it is the fact of the most vital i'm
portance to its interests. Owing to one cause or
another, the campaign has not been pushed for
ward with all the energy that might have been
used. By land we have met with series OF
important reverses, while at sea we have been
uitdulc W CucCh tuc utpIeOLiblOuS VI tue enemy
on our commerce. The lessons of misfortune
and the influence Of public opinion will, how
ever, reform all this. The men who are respon-
sble for these failures will either have to
exhibit greater energy and devotion to their
duties or they will be swept away by the
swelling tide of popular indignation. But it is
not sufficient for the heads of departments to
profess the desire to acquit themselves of the
solemn trusts reposed in them. They must be
furnished with the means of carrying on the
war in manner to insure its speedy and sue
cessful termination. The action of the banks
and the enthusiastic reception of the new loan
by our public will place them in possession of
all that they will require.
One of the most gratifying features connected
with the success Of Mr. Chase's new financial
measures is the effect that it will produce
abroad. The English people will be taught by
it, as they have been already taught in the case
of France, that the question of war or peace
with us does not depend on the assistance of
their capitalists. Our country is rich enough
and strong enough to vindcatc its rights, I'M
aided againseall the world.