The national Republican., 1861-08-03

N4AN.
the Confederate Treasury notes, as will make
them available to Q large extent, and thus
leave the Confederate Government quite easy for
a period in money matters. The issue Of fcircu-
lating paper is very available and effective form
Of taxation, so far as it goes. But it has its
limits, and cannot be repeated when certain
limits are overstepped, depreciation commen.
ces, and when the channels of circulation are
once filled, the Confederate 6nanciers must try
some other expedient to raise the wind.
p% We publish the following telegraph,
with the remark that the disrobing Of judge
or priest would be more Ineligible than the
disrobing Of soldier:
"Sandy Hook, August l, p. N.-About three
hundred Of the disafected men Of Col. Mann's
regiment having refused to be sworn in, were
TO- day disrobed and sent to Harrisburg under
Q guard. The scene Of disrobement was one Of
humiliation to the men, being considered as q
light punishment for their disaaection. 1t is
not known whether the remaining men will be
attacked to some other regiment or sent home
to recruit, or be disbanded.
"Citizens Of Harper's Ferry report seeing Sc
cessionist pickets ut Charlestown in citizens
dress.
"Col. Gearish's Pennsylvania regiment was
inspected this afternoon"
CArRo.-Ye Yesterdsy's Star has the following
dispatch:
Cairo, august 2.-The scouts report that
the rebels al New Madrid are well armed and
drilled. They have got FIVE batteries Of
l0pounder field pieces, and two regiments Of
cavalry, General Pillow is in command, and
he promises twenty thousand men to drive the
invaders from Missouri.
JEFF Thomson has five thousand men thirty
miles south Of Birds Point.
The following, to the Tribune, gives much
more probable account:
Cairo, august l..-Scouts Just in report JEFF.
miles south of Birds Point. There are 5000
between Charleston and New Madrid, and 1000
at the latter place.
b% We cut the following from one of our
exchanges:
Lieutenant General Scott is said to own
property in Virginia, and under the ordinance
Of that State, which took effect yesterday, it
will be confscated to the public treasury OF the
Commonwealth"
There is, we believe, no other foundation for
this statement, than the fact that Mrs. Scott,
who is Virginia lady, inherited some plants.
ton property there. If there is any disposition
in the Richmond cabal to confscate il, which
is not probable, 1t will not be in their power to
make the con6scation effective, as their juris.
diction over the locality will be soon terminated.
EGYPTIAN CorToN.-It is we'll known that
the cotton crop Of Egypt, which forty years ago
exported no cotton, is large and increasing.
But if the capacity of Egypt to produce further
supplies is as great as stated in a recent sd.
dress of the British Cotton Supply Association
to the viceroy, 1t is far greater than has been
supposed. This address afirms that the ca.
pacity of Lower Egypt is equal to three mil.
lions of bales, and concludes with the following
offers of assistance towards realizing that
amount of production
"Your memorislists, as an association, will
be prepared to afford to your Highness, or to
any associated body Of merchants or cultiyators
in Egypt, whatever information they possess on
the subject of cotton cultivation, as also sup.
ply of agricultural Implements, cotton gins,
cotton presses, cattle or other power machinery,
with view to assist in improving the growth
asd preparation of cotton for the market; and
they will further be glad to furnish free of cost,
models of such improved machines and imple.
ments as are made in this country, and, if
needful, to supply them in any number, at cost
price-the freight, and all other incidental ex-
penses, being paid by the parties ordering them.
Your memorislists will also be glad to present
to your Highness, for distribution, copies Of
their treatise on cotton cultivation as pursued
in the United States, which they would recon-.
mend should be translated into the language
or languages of Egypt and circulated exten.
sively; your memorialists being of opinion that
the introduction of the New Orleans variety of
the cotton plant may be found to be of great
advantage to your subjects, the market for this
class of cotton being much more extensive, and
the demand more constant, than for that of any
other variety of the staple.
"Your memorialists would again urge upon
the attention of your Highness the great i'm
portance OF adopting speedy measures for stim
ulating an increased growth of cotton in your
Highnesss dominions, believing that the time
is at hand when every pound Of cotton that can
be supplied will be eagerly sought after in the
markets Of all the cotton-manulacturing coun.
tries of Great Britain and the continent of
Europe"
I% Mr.. Birg, German by birth, but a
British naturalized subject who went out to
Manassas as spectator, July 81, was taken
prisoner, and carried to Richmond. His re-.
lease was effected by the British consul, and
ha hoe ratnrpad to tb;s ~ TIL s.s.-..