The New York herald., 1862-04-28

the money of Gil adjoining State returning to
its allegiance stands 80 high. speaks volumes as
to the rottenuess Of the fabric Of the rebellion,
.'tbe Union, the constitution aud the laws"
The Great Impendin Kettles Decisive Of
tho Campaign.
A great battle at Cornth, Mississippi. and
another at Yorktown Virginia, are imminent,
aud the news Of the deadly clash of arms may
reach US at any moment from either Of these
places-from which of them first it is almost
impossible to say. Though the news we pub
lished yesterday from St. Louis and Chicago
would indicate that Halleck win probably have
the start of Mcclellan, no one can tell what a
day may bring forth in Virginia. One Of these
rebel coniedsracy and the other in the south
west. Our generals will probably move to the
attack at both points nearly at the same time,
in order to prevent either of the rebel armies
reinforcing each other
The intelligence Of yesterday from Cairo
stated that on Thursday = skirmish took
place between the advance guards of the
rebel and national troops between Pittsburg
Landing and Corinth, and that the rebels were
driven back towards the latter point. whilst
General Halleck was pushing his whole army
vigorously forward The despatch informed
ns that Mr.. Stevenson Of Danyille, ILL.,, who
accompanied the advance toward Corinth, says
be heard the constant rattle Of cars and the
sounding of steam whistles towards Memphis,
IoI oI.nl.
there. The conclusion does not logically follow
from the premises The rattle of the cars aud
the sounding of the steam whistles would rather
indicate that reipforcements were arriving at
Corinth from Memphis. The same sounds
were heard before and during tho bat
the indications Of troops arriving from VIM
chester aud Richmond. When the rebels want
10 steal away, they don't make so much noise.
We have no doubt, therefore, that Van Dorm s
force has arrived, and that bloody battle is
approaching at Corinth, if it has not already
iaken place. Beauregard may this time await
the attack taking advantage OF his stronghold
70 aid him against superior numbers aud the
superior skill of Halleck. 1t appears that bat
tie was offered the rebel general at Pea Ridge,
six miles from Corinth, but he declined, though
our troops after surprising one of, his camps
llere and driving In his advance, waited the
onset Of his main body from eleven o'clock till
three, at which time there we're no signs Of the
enemy. Terrible will be the slaughter when
these two armies, numbering over 25e, 900 men,
meet in battle array.
The indications ia Virginia are that q great
battle may take place at any moment at
Yorktown. But It is hard to tell whether
The enemy will await the blow pre-
pairing for him by General Mcclellan at
Yorktown, or whether his willy strategy will
prompt him to parry II by feint and Strike
suddenly with HE main force at Mcdowell or
banks, meantime throwing such DISTINCTIONS in
the way OF McClelIan's sdvsnce az will prevent
his taking part in the battle.
Upon the result Of these two battles hangs
the tate OF the rebellion. If the rebels
should win both their dropping spirits would
he revived and the war would be prolonged
indefinitely. II they should even win one
battle, il wond enable them TO hold ont for
1ouie tiulc tohRci. D'ii "a itr. Io-r oVln' tncu
It is admitted by their own Journals That there
is nothing left Tor tbem bat guerilla warfare;
aud we need scarcely say thai this amounts to
nothing when it is not in aid OF large bodies Of
regular troops in the ied.s 1t can only annoy
and hsrass at best. II can achieve no impor-
tant result. II is admitted. too, that the sea-
coast and the forts will soon be all in our
hands. There is nothing left, therefore, for the
rebels but submission II they are whipped in
the two impending battles We learn that all
the Southern railroads have been seized by the
Confederate government and that they rely on
new railroad from New Orleans, through
Texas for seven hundred miles, to bring them
supplies OF beef and corn, aud probably arms
aud ammunition, by way Of Mexico. But as
the road Is not vet constructed and laborers
are only now being advertised for this device
will be too late for their purpose too late
even for the retreat OF the defeated leaders to
Mexico. From the perfect arrangements made
by our generals we have no doubt that they
will defeat the enemy in both battles, and in =
short time the rebellion will have received the
two fatal blows from which il can never re-.
cover.
INCREASED TRADE wIrH THE BRrrrsH wEsr IN