Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-01-19

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Nv the arrival of the Bohemian at Halifax
whose mails reached New York on the 8th inst
we have the following details Of news from Eng
land
The Army and Navy Gazette says; Anoenel
battalion of infantry sailed for Canaaa VH ca
urday last, and three more VIII san N tne oo@So
of the present week. Until hostiH1os ~ rfssi.
opvd declared no further body Of troops are hkeiy
oiacs5 rp5er orders. In that event In
aptbolities might naturally look to the me reg
ments now in the Mediterranean garIlsohs' te
az 81 9th and Tooth, which could be sent
scr,ss nc Atlantic without delay from Gibraltar.
ME ins.ntrv regiments at home are TO De
strengthened
Reeruiting for the army is going on ~ earnest
Tbe faurth company Of the Royal Engineers are
under orders to embark Tor CsnaGa ny y
of RoyalE Engineers in British North Anetles
win consist Of upwards Of 100 men,, and wll
ineluse the 4th. 5th, 9Th, 18th, 18th aud 54th
companies.
ressrveo If troops at Bermuda, for operations Ia
North Amsriea, the fifth company Of royal ehgl-
peers are to hold themselves in eadines to en-
bark az an hours notice.
NAVAL PREPARATIONS.
The Times and the Army and Naey Gazette
says:
The whole of the screw gun-boats attached to
tbe frst division at Chatham are to be removed
from the Midway for immediate service The
second and third divisions could be got ready IN
p A verv short time. Altogether, the feet Of gun
boats at Chatham aud on the Midway numoef
twentv-four. IL addition to the above there Is a
SQUADRON Of mortar boats, ali Of which can be
ready Immediately
M RaHlesnake. twenty-one guns, screw
faeate. 400 horse power, is to be brought 1917
ward with the utmost dispatch The Ane-oi-
hattie screw steamer Mocance. eighty-one guns,
is 10 be brought forward to be placed IN commits
sion.
20, fer Lisbon, with sealed orders
The guard ships around the coasts OF the three
kingdoms were telegraphed for all men belong
ing TO them to prepare for immediate service.
The screw steam corvette Satellite, twenty
one guns. accompanied by the g%unboats Shell
3rake and Spieer. left Plymouth on Sunday last
for the southwest COST Of America.
The screw steam fTigate Orlando, Gty-one
guns, viii take out winter clothing for the squad
ron at Halifax
SeyeTa' guuboats at Davenport are ordered 70
be prepared for the penant.
No. 6, screw steam transport Magntius, IS
taking in 800 tuns of war stores for Canada, a
battery Of i2-pounder Armstrong guns and about
600 troops
Defense. ron-steameT, % guns, coo horse
cover. Is ordered TO be ready to sail on January
ID. for Canada. She viii take out 100 common
and 1870 segment ~fO0-pounder shells, 30 boxes OF
common and 50 boxes Of segment 20-p0under
shells. I25 boxes Of the y pOundeTsegmen shells,
$50 of the naval 6S-pounder shells, and l09 box
Is of the 24-pounder howitzer shells. Her sohd
shot viii consist Of Goo 6~S-pounders, l60 100
FOUNDER conical Armstrong;, 5~0Z0-poundeT Arm
stronqs. and fifty ~l2-pounder Armstrong; "
additional I00poander Armstrong; viii be
added.
SECRETARY cHAsE's GIGANTIC FINANCIAL
SCHEME
From the LONDON Times Dec. sll
Everything IN America is on a magnificent
scale. She has mammoth rivers, her water falls
are tumb6nq floods. her mountains tower head
and shoulders above the pigmy attitudes Of
Europe. Size is a continent of very marked
features. But there is nothing in her physical
nben0mena which SO taxes cur establishment as
The moral immensities she has lately developed
We are not used 70 the thunders CT Niagara,
and the tremendous distances of the Mississippi
and the high shooting peaks Of the Andes bat
earenO altogether incapable OF new sensation
We stand a-bast when we have for the first time
disclosed 10 US the tremendous vegetation of her
hdllNs8da VIZ 80
deficits.
The AinericIu news we publish to-day is
ch,sav remarkable f0T the wonderful financial
statement al Ne Chase, the Secretary of the
Treasury - aaaer respects it is still but an uzl-
certain sound The populace Of New York was
vet huggipg the fond dehusion that the seizure OF
Of Trent would be passed over without resent
Taeut. TIE orgaas whish assume to represent the
noHcv OK BIZ Seward and the opinion of the IN
habitSats u New York were still keeping up
their spirrs by big words stllbossdng that Eng
land haa tee many interests al stake to risk a
ouarrel with the Unised States, and conf ring
themselves with the iIaggars notion that Can
ada IS within Two days railway Journey Of halt
a million Of armed men, and has a frontier
that can offer no resisRTce teel invading force.
The news had only just reached them that
Fnsland had heard of the exploit Of COmm0-
5ere Wilkes. It viii be remembered taat at the
FIRST moment it was received win some astonish-
gsnent. but with great caiJn1rss. The primary
Impulse here was, not to buster, but to inquire.
Tbe naople Of New York, Judging too much by
sbsir own habits, and delighted TO tild US so
calm. teleeraphed at ones that " lar effect of
tine news ia England is not so untayrrable as
was exDected.1 In this FOOLS paradise they
lad vet TO be disturbed. They hsE yet to learn
flat the more calmly and deliberately asensible
nation examines the ground 1t proposed to take
No. the more r~esolute it viii be IN maintaining
fbat ground. We are as FAR as ever from being
abIe 10 Judge in what mood our demand for
venarsti9n may find them but if there should
lave been any doubt upon the mind Of the Fed
eisl leaders, or any division of opinion among
the Federal popUlaee when Lord Lyons made
his communication, that magnificent and stu
nendous deficit Of forty-three millions sterling
remaining at the end Of a year, during which
tbe borrowing powers Of the Federal States
vrsra taxed to the utmost, ought to aid these
people to see their position.
Mr.. Chase. as a prudent, or rather a jealous,
Secretary Of the Treasury, does not go out Of his
vrav to mention disagreeable facts. He does not
tel rs how much Of the expenditure Of 1861
was raised By loans and how much by taxes +;
nor does be mention the present amount Of the
neWlv-born national debt of his nation. With
out this intelligence, however, ne states quite
enough to enable any man Of business to Judge
now long this war Of s~ubjugation can last, and
what the probabilities are of sustaining another
war IN addition 10 It. He says that from July,
1861. 10 July, 1862, the war expenses VIII be IN
roupd numbers, E103,O00.000 sterling, Of which
he has succeeded in borrowing about 10000
: 600. and hopes TO get the resi- by paper money,
more loans, and taxation to the amount OF about
f25OO.OO0 If he can get the loans, and if
people will take his paper money, and if they
viii also pay taxes, he viii then be able to make
both ends meet up to July, 1862 but if the
south should not be s%uhiugated by that early
date, he tells bis countymen plainly that be
shall want seventy-six millions sterling for the
service of the last year, and that at the end of
June. Is63, the national debt Of the Federal
states viii be nine hundred millions Of dollars
This is pretty vel fora three years war. Yet.
r. we were To examine Mr.. Chsse's figures very
closely. we should find the estimate Of expendi-
tnre. and still more the estimate Of the amount
III debt. very much understated However, let