The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-08-06

THE SITUATION.
Nothing has occurred in the army on the James
river worth recording since our last issue. Our
correspondence from Westover and Harrison's
Landing contains some very interesting details re-
lative to the condition of troops in that vcini
ty. From General Pope's command we have also
some important intelligence, although no military
movements are reported since the last reconnoi.
tering party to Orange Court House. The rebel
guerillas around Mttle'Washington are very trou-
blesome. The route between Front Royal and
Winchester had to be abandoned for trains and
travel, except under strong escort, so frequently
have they molested our troops.
From rebel sources we have an account Of the
attack on General McClellan's camp and gun
boats on Thursday evening, which, of course, is
claimed as great victory. The entire fleet, says
the Richmond Examiner, disappeared at daylight,
and the camps of the Union troops were in great
commotion. A defeat Of our forces at CORTLAND
Alabama, by the rebel General Armstrong, is also
reported. The rebel guerillas are said to have
retaken Brownvie, Tenn, and burned 1000 bales
Of cotton purchased by Northern men.
By the steamer Arabia, from Liverpool, of Cape
Race, we have one weeks later news from Europe.
On the American question the press and Parlia-
ment were still busy. The London Times, COM
menting on the change of General McClellan's
position, predicts that general rising may be an
ticpated in all the border States occupied
by the federals The Northerners, it SAYS
ara now convinced that the Confederates can
never be subjugated. If the war is to go on the
immense levy ordered by the President must &C.
tually be made, but the men will not be forthcom-
ing 70 UNFAIRLY On the other hand, the Army and
Nary Gazette is of opinion that Mcclellan is now
in better position for offensive operations against
Richmond than ever before.
debate occurred in Parliament on the 18th
nlt upon the defence of Canada, in which Lord
Palmerston said that England has now sent all the
troops she could to Canada, and it rests With the
Canadians to make all further provision requisite
to protect the colonies from invasion. Sir De
Lacy Evans said that he did not think that there
was any immediate danger of any invasion of
Canada by the Northern States. They had no
means whatever of undertaking such q pro-
ect. the population of Canada was
true to itself it conld preserve its indie
pendence without the assistance Of British troops
To which Mr.. Roebuck replied-in terms not at all
complimentary to Canada-that the Canadian
people had been induced to believe that the main
tenance Of their independence was of the greatest
importance to England and that they ought to
show them that tI4sy do not care farthing about
their adherarcs 70 England.
The French Admiral DE la Graviere embarked
on the 23d of July on board of the frgate Norman
die for NJ txico
i is represented that the Orleanist element in
French politics is ia favor Of the Unonists, while
the imperialists inclined towards the rebels.
b MISCELLANEOUS NEWS.
The Arabia, from Liverpool 26th and Queens
town 9th ult., was boarded of Cape Race at four
O'Clock last sunday afternoon. Her advices are
one week later than those previously received.
The Bank Of England had reduced the rate OF
discount to two per cent, and consols had i'm
proved on s-half TO threequarters per cent. while
American securities were dull, but without change
in quotations.
In the Liverpool market cotton had declined
one-quarter to three.quarters Of a penny except
for American descriptions. Breadstuhs were ac-
tive, at improved prices.
The Toronto Leude-'s "reliable gentleman
from the South has given that hired secession jour
nal positive information that in thirty or forty
days the rebels will have possession ngain Of all
Alabama, Mississippi and Tennessee, with nearly
all of Kentucky and Missouri, and the Confederate
army will march into Maryland, and Washington
will be lost
Yesterday we gave the law Of the State Of New
York In regard TO drafting together with deal Of
useful information respecting the manner In which a
draft il conducted, who are entitled to exemption.
&c. One cannot become acquainted with the
entire proceedings regarding the means Of raising
an army such as will be required by the present
exigency, however, without knowing what are the