The national Republican., 1861-06-29

TWO O'CLOCK IN the afternoon, May loth, ne re-
ported, with two of bis vessels, to Commodore
Stringham, On the flag ship .Ai,inesota, then
lying of Fortress Monroe. Guns had.just been
heard from the Monticello, lying some I've
miles distant, in the mouth Of Elisabeth river.
Captain Ward was sent up in The Freeborn to
learn the cause of the firing. Il was directed
towards the rebel battery at SewslPs Point,
which had discharged gun at the Nontice'lo
Captain Ward immediately laid his vessel close
10 shore and opened upon the battery, out Of
which short csnnonade soon drove the reb-
els. The same evening he sailed for Washing
ton to procure stock Of ammunition, and
from that time to his death he has been busy
| in service along the Potomac, attacking bate.
ries, assisting loyal parties assailed BY the reb
els, now here now there, leading life Of inces
sant activity.
Captain Ward was man who knew no dan.
| ger. He was not the kind Of man who braves
| peril for the sake Of gaining distinction and
eclat. An enthusiast in his profession, and es.
pecially devoted to naval gunnery, on which he
has written treatise which is g textbook ss
well abroad as in this country, he was observed
in the various engagements in which his ves-
sci took part watching and personally msnag-
ing the guns, as coolly as if he were only busy
at target practice, while, % was the case at
Acquia Creek, the balls aew round him like
hail, and the long conioal shot from the riAed
cannon cf the rebels ploughed the water into
foam all around his vessel. He did not seem
to brave danger, but in the enthusiasm Of his
favorite pursuit, he was entirely insensbe TO it;
and had the last man been killed by his side,
he would have gone on working the guns alone,
cody and precisely, not in the hot fury Of re.
venge, or with fierce desire to slsy the foe, but
exactly and simply to see and know that the
work he was about was well done. Just this
kind of thing led to his death. There are those
who will speak of him - one who went rashly
to his doom. The criticism will have the color
Of truth, but only the color. It is just such men
as he who now lies in the engine house at the
navy yard, the flag Of his country wrapped
around his cold form, MIME bullet through
his bresst--it is just such men as he who lay
their vessels alongside the enemy's, while a
shout of joy from thousand brave fellows rings
in the ears, and the vessels never part till one is
victorious and the other dismauted-it is Just
such men as be who recall to us Nelson and
Drake, Lawrence, Perry, Decatur, and remind
US of Stewart, the brave old man who still lives
to tell Of the day when the Guerrero felt the
brosdsides Of the Constitution.
b%- The Kangaroo and Europa, which have
arrived during the week from England, brought
four hundred and thirty flour thousand pounds
sterling, or two millions Of dollars. The Ariel,
recently arrived from California, brought near
ly million of dollars in California gold. The
influx Of the precious metals, which commenced
in January, is thus still in full current, and the
| returns Of trade indicate its continuance. Our
exports from New York continue enormous,
while our imports are comparatively triaing,
and, triAing as they are, they are in excess Of
the demand for consumption, as is shown by
the large proportion going into the public
warehouses. - ~, -s..- r te
The general effect of war is to cause an out
ward drain Of specie, and q suspension of spe-
Gle payments in countries which tolerate banks
Of issue. This effect is so common, that such
u suspension at the North was by many anti
cipated before this time. There are, certainly,
no appearances of it yet. .l..... a.r -
What is happening, is evidence of the enor,
nous wealth of the country, which not only
sustains the burdens of war without parting
with the precious metals, but which, in the
midst of war, is able to make unprecedented
additions to it's stocks Of gold and silver.
Great Britain carried on her war with the
first Napoleon upon paper money. 1t has been
a popular notion, that she could not have car.
ried on that war in any other way. But that
system has aggravated the burden which the
war threw upon posterity, who are paying in
gold, debts, Of which the consideration was re.
ceived in deprecated paper. r-
The war in which we are nov engaged is
being carried on upon hard money, and upon
supplies furnished to the Government at hard
money prices. .. ... 'r--.
There has never been time when large
army could be maintained SO cheaply as now,
and this will diminish the debt which this war
will entail upon the future. ..r
The QUAEERs IN MARYLAND AND VIRGINIA
Perhaps the finest Quaker (Hicksite) settle
ment in Maryland is to be found at Sandy
Spring, about 25 miles out northwest from
| Washington city, Of wealthy and successful
farmers, supporting free schools, lyceum for
lectures, and valuable circulating library.
Employing no slave labor. nor even hiring
slaves, because the wages must go to the own.
ers Of men, these peaceful settlers have dis.
tanced those Of all other parts of the country,
and their influence has extended to other com.
munities. In the early days of Maryland their
fathers settled there, and accepted the eternal