The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-07-10
} va. TIL FHSDAY MORNING, JULY 10, 1862.

A., 1 III hi3AlAY MOKNlI
~f the storm wais1iStil the IoI. list. of killed.
ana wounded Il, the res4t battles before gieb,on,.
are published aad tn storm will be. ths, at i,s
i,eisht Already the ffopls Of Philadelphia hoot
more men will enlist Nhsle she remains in o,iee "
New YORK city has s.1S16xd quite rs mitch as pin,
andelphia, and shares 0nR sentiments Two New
d.rk regiments suf.ssss Bal Run, and the ex-
the lists OF killed and W1uuded come in ncwg
THE BLOW rp PUBLIC CREDIT.
The financial credit u f4lecountry has received a
shock from the dsaaters ia Mcclellan = army from
which it will not easily recoyer. Pre- yious to hi4
being driven back fronl his position before Rich
premium and the credit of fhe country never stood
20 high.
Within week alI this has been changed :.u,,
now Government. stocks exhibit more unsseadiness
than any other class Of public securities Who is
Responsible for this state of thingst Not MeClel-
lam who in his misf6rtnnes as in his suece%es ba.
displayed all the qualities pf able General bur
the radicals, who weakened his command By taking
Baukss and McDoYelis Missions from Kim and
then prevented his being reinforced, although they
lnew that he was in Q position Of the most press.
ing danger. These are thas traitors who would
destroy the integrity Of the Republic, ruin the fair
ediiice OF financial credit, and plunge the coun.
try into hopeless embarrassients, to place the ne.
gro ia position in " hch he ould be of 10 earthly
use to himself Others. Thus far they have been
successful in their intrigues. Let them look ont,
however, fer the reir.bution fha. is to feoy them
The country is losing patience, and il will not he
long before they feel he full eseefs OF the wrath
which they have so iniitstrospfy provoked.
MIsMANAGEaEFT.
From thes New York Herald, CE.ditori.d1 July : /
There il Il time to keep silence and a time to
speak. The calnpasd has concluded with our re.
pulse from before Richmond The campaign TO
wi paxy fr.1a
contributions with perhaps emergencies OF
foreign complications. The time has come. there
torS, 10 EXPOSE rebuke and correct the errors and
Encouragement of the past, in order to secure !,
thorough reformation for the future.
The Secretary Of War makes no provision for
accident or emergency, and issues call for three
hundred thousand troops, not just before Il
battle, when the people enthusiastic but
just on the heels Of repulse, when the
people nle depressed When Stanton d.
vided McClellans command lie himself assumed
the practical direction OF the Campaign. The peo
pie knew and the press announced that Jeif Davis
was in;.ssnS all his troops at Richmond just as Il
good business man concentrates his means where
he finds the best investment. The Secretary of
war could not understand this. Consequently our
forces on james island retreated from Il foe who
had gone to Richmond; our troops in the Shenan-
doah built entrenchments against Jackson, mo had
gone to Richmond our troops at the West stood
on the defensive against Beaures gard WHO had gone
North Carolina Confedcrates who had aist, gone TO
Richmond McC'alan was therefore overwhelmed
WAR ITEMS FROM WASHINGTON
Washington letter in the Baltimore Sun, dated
1th inst, says
Officers from The seat OF war on James river
absent short leave, say that ii IL the belief that
there will be M More lighting there for "A mouth
Both sides Were SO mulch shattered, it is thought
that a cessation OF actual hostiiifi.s may occur
Eut the Confederates, il :t.e Will not be soyy To
renew the conflict.
All accounts from the North sLow that great egi.
tation aud hesitation prevail in regard TO huancial
and military prospects. Capitalists who hold pub
lie securities take the alarm But the call for the
additional force of three hundred thousand men
will il is thought, be met, under he stimulus oil the
proposed twenty five dollar bounty
very intelligent person, who deserted from the
Confederates at Richmond arrived here TODAY He
speaks Of their forces immense and rs being CON
SANITY augmented by reinforce ments under the
conscriptioii act.
A Washington letter III the New York Tribune
says:
There is much interest III Washington 10 hear The
response OF the country 10 the Presidents new call
for volunteers The prevailing sentiment is that
the enlistnlents will be too slow to meet the public
demand for Immediate aad overwhelming ad-
vance upon the rebellion, and thai draft for half
I,,e halfway measures t. +. ne pres
ishing blow. "e IN
! .,argeon Sf 3 Wisconsin regiment yyhs was
captured a. Bi.u Run and l,as been KEEP; i'll nich
I.;,ild ever since reached Washington this mora,
~. He taken out to the battle ieid3 before
!.:chmoIlG 10 help Io. Tie wounded but watch
ed his opportunity aud escaped. He says the Con-
fs,ieTate leaders claim miraculous deliyerance, and
that eyery.pare OF glass in Richmond was umin-
aied i'll honor OF theif victory; but still the tone "f
the community was greatly saidened by reason of
their frightfnl losses in battir.
Is WASHINGTON SAFE?
fEr,i,, Ia Na,y nrl, iriu,., /LJitcr;nt ! Y,',,
II t'Stonewall" jackson lie not d,,sl--and there
is nov & doubt thrown over the statement that he
was veraby ana actually killed in the late battles
is there no danger of his taking column and
with it marching Suddenly in the direction OF Wash
iugtont The movements Of this daringsrebel during
the last two months have been as rapid and success
iul they have been extraordinary i'll other
apaets. 1t is but few weeks since he pouneed
pan and defeated The forces OF Miifoy and Schench
in the Shenandoah Valley From that work he
entered upon the pursuit of Gen Banks, drove him
TO Winchester defeated him there, pursued him a
distance Of seventy eighty miles up to the Po.
tonac; then retired and during his retreat defeated
Fremont and Shields; then swept over the Blue
Ri,ise and across Eastern Virginia to the Cei;ihon
iny and attacked the right wing of main arnly ten
days ago-wiih what success is known readers
layng il this space oi time fought four battles at
distant points, and trayersed distance of four
fi,e hundred mvs- In each OF the instances his
movement more Or less of surprise and each
of them would have been declared by most men
mN,S5iDie before IL was actually done Ii
wonld be undoubtedly difficult thing for Jack
a.i, whether he be or be not dead 10 take twenty
Thousand Confederates ana move NORTH TO Freder
ckatBGrg thence to Manassas, thence east ard to
the Potomac and il is not likely he will try. We
believe moreover, that oitr troops now at " ash
ington and the points named are fully prepared to
resist suca q movement 4 least We hope So Aud
we also hope that our troops now in the Shenan
doah Valley and elsewhere in Eastern Virginia
viii be disposed of to eifectually prevent any
ther northward movements Of this rebel, ii he be
alive or OF his ghost, ii he DC dead
DAY OF EXCITEMENT IN NEW YORK
From The New York Tribune, July l..
Yesterday a day of intense excitement II
has had few equals in this country. The amtigu-
ous u,ternnces of the morning papera-the suiien
silence Of the Gogernnient-the evident restraint
Of coinmeni-the i'll concealed anxiety of those who
ought to be at ease---the inperiors call tor men--
the errac movements Of cabinet oiiicersthe res
tiveness ct the people under all this apparently de-
signed mortifeaion-ssil inspired TO raise lever
il. the public mind OF uneGualled teryor We were
called upon early In the morning To give, in
ira edition. dispatch from Fortre So Monroe Of
most unsatisfactory character.
Il represented that gunboat had arrived FROM
the scene OF action, yesterday, (Monday) 10 miles
above CITY Point; il went on to say that that diy-
sion what division :! had fought four days and
treated II miles. Ii that division portion OF
MeClelians right wing, the II miles is easily under
stood The dispatch jumps st once to the light of
YESTERDAY {Monday,) and says IL was terrific, the
enemy having three TO one--tile old old story II
WAS begun by our land forces, who ft,ught four
hours then our gunboats got ia range and gave the
tonfederates much tronbe .h.y stood II for two
hours, and then retired.
Then we are told that our men took lIany can
NM, and nl1 them (seo Nf..,.,,