The New York herald., 1862-01-12

mess, old and made at $11 IS $l2 25, an
for uninspected at sl2 q s13 for city prime. Sugar
were steady with Of 400 500 hhds and 900 bag
and 800 boxes at full prices Coffee quiet. Freight
were steady. with fair amount of engagements.
The satanic Element in Congress-Ths
Country In Danger.
1t is now nearly the middle of January and i
has been we'll ascertained for some time that in
few days more there will not be a dollar left il
the Treasury to sustain our vast army and navy
with their immense expenditures. Yet Con
gress as yet has made no provision for a supply
of the sinews of war. Since the opening Of the
session its time has for the most part beer
wasted either in absurd debates about the nggel
or in finding fault with the government and with
General Mcclellan and the other generals of the
army. Had Congress done its duty half as well
as the Commander-in-C Chief of the army, the
country would be in different position from
what it is. Instead of aiding the government
and the generals, Congress is throwing obstruc'
tions in the way The sad truth must be told
that there is a conspiracy in Congress hostile TO
the legitimate objects of the war;
The Satanic element of abolition has found
new ally in the banking interest, and
both have entered into combination against
the administration. The abolition papers of
this city are the organs of the coalition, and
they are promoting its objects to the utmost ex-
tent of their power.
Mr. Kelly, member of Congress for Phila-
delphia, made speech day or two ago in
the House of Representatives, which was
printed at full length in the Tribune of yester-
day, and was evidently intended to damage the
administration and bring the army into public
contempt He begins by painting the dsas-
trous effects of war upon nations prosperity.
He says it is "the most destructive pursuit in
which a people can engage-the figure of
candle lighted at both ends affords but an inn
perfect illustration Of the wastefulness of war;"
He goes on to show that ''the latest aud highest
inventions of man are used for the destruction
Of property and lifc-it takes from the belli
gerent community its productive power, its
energy, its enterprise-the men Of the country,
from eighteen to forty-fve, quitting their peace
ful pursuits to engage in the work of destruc-
tion-having withdrawn the vital power from
the community, it taxes its accumulated wealth
to feed, clothe, arm and transport those who, in
peace, were the source Of its increasing wealth
and prosperity" Again, he continues, "Weses
war in the great city. We note it in the silence
prevailing where we were wont to hear tho
ring of the anvil and the hum of the spindle.
We find it in our commercial, our nianufac-
turing, our business relations Be-
fore we have achieved q victory we haze
reached bankruptcy. We are to-day flooding
the country with an irredeemable currency.
In ninety days, with the patriotism Of the peo-
pie paralyzed by the inac.ion of our great
army, the contracting channels of circulation
will be gorged with this medium, and the fund
ed debt Of the country viii depreciate with
rapidity that will startle u.s."
Is not this the very language Of the New York
World? The party of Mr. Kelly and their Or
gans, playing into the hands Of handful of Sc
cessionists at the South, rendered war neces-
sary, and now, when the nation is struggling for
national life, they paralyze its energies and
throw cold water on the war. They do just
what we might expect from an enemy such as
the London Times-deprsciate the government
securities by misrepresentation, and rspnounce
its currency " irredeemable."
But this is not ALL "The conditi n of this
capital to-day" says Nr. Kelly, "iryites war
from any Power that feels disposed % make its
own terms with armed. impotence" ais not this
a sight which jealous nations may behold with
exultation. II is o sight at which men may
well wonder, and which the godssmust pity"
He argues that "Erg gland would have right TO-
conclude that If wa were at war with her to-
morrow, and had a quarter Of eimillion Of man
on the Canadian frontier, tho, sole purpose
would be to prsyent the Canadisus from desert
ing The English. standard; for cur army is mere
band Of armed police to prevent the laborers Of
the rebels and the disaifected men of tho 1pun-
Try from escaping and serving us." He-e the
Satanic club foot Of abolition Il disclosed from
beneath TIE beautiful gar5sof patriotism. The
government and General Mcclellan arc assailed
because the army does lot advance; but that
is not the true reason. The coalition
do not want the, army TO. advance
under the leadership Of General McClel
Ian and the other conservative gensrals; for they
know that they wsuld not realize for them tina,
emancipation Unpian vision which has occu
pied their thoughts by day and by night for sht
last quarter Of century; and if that were no
accomplished then they would prefer that th'
war should be abandoned, and that there shoul'
be two rivsl confederacies side by side, rathe
than have the Union restored upon the basi
upon which George Washington and the father
Of the republic established IT, "Our army,
says Mr.. Kelly, "does not seem to be engage
in war. Our men, II 10 true, are liable to b
murdered when serving as pickets. They ar
liable to be slaughtered, o. my townsmsn wer
1t Balls BluG. Thsy srs liable y seog2t'