The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-01-16
THE NEW YORK SUN.
THURSDAY MORNING, JAN'Y IS, 1852.
The New York City Pno..


last awake on the subject Of taxation, an undST
standing to have been arrived at between the
capitalists and the Government and the U Union
armies finally ready to advance upon all points
lees day light At last and bids Unionists every
v, oTe TO be Of good cheer. Within two month.
-ufless all signs fsl-thc kingdom q JEFF
Davis y Ill Oe a thipg If the past.
Affairs at Cairo are thus do.cribci by the
WoRLps correspondent, January 9th -
The segregation Of a respectab tleet on the
Mississippi has already attracted much alton
ticn. The fleet coGMsts, at rresont, Of eigh,
lFon plated gunbvd ., OF . ot whlCh (the Utg-sn q
Bsaton) carries 6f, scn largc.ei,ed Dab eron and
rihed guns. The Essex, the second ship ia the
feet carries eome o. the heav armament in the
service Bseides these, are the wO ,dcu snnbjats
Lexington, Tyler, Aad Conestogs. Ths iliot ot
niUrtAr-boats, SO in numuor sill lays on the
Tvor shore, IN prCRress Of mouutiny Tno h5a.
Wy mortars to be used on those bo,ts have not
all arrived from Pittsburg, whsro they we'o
caat, and u " PROBABLE hat the casting Ut tho
necessary 25O pound ST. ellis will take some dave
further. Those, with dozen little tugs com-
plctc the naval preparati No at this point. T1ctc
wi l. when complete, 10 total of nearly 200
guns ready TO launch rth their deadly storm OF
iron hail upon the robel frtiic atoms Al COlum e
bus The work OF plating the boats Is not yet
entirely completes. They are probably In light
ing thin, but await the plating of somo OF the
upper works. Toe steamer Maria Dennipg lies
anchored in the stream abreast OF the port as a
receiving ship vhsre the marit es are sept un
I'll traniferItd 70 their respective gunboats. Two
thousand seamen ere employed in the service,
which are, in all respects, governed by tho navy
regulations.
Destination 10 Which the coming expedition Is
directed, hut its field Of operations can 10 do.
tinod in general terms. The position occupied
by the opposing forces may be described as the
~ sides Of = paralelogram. The nationh
army resting upon Birds Point, Cairo and Pa
ducah, is faced by that Of tho confedorstes,
resting on Columbus, Hickman, Mayfioli aud
Dover, enclosing bet weon thom tho portion Of
Kentucky west Of the Cumbeflind river. Tho
fort on the state lne. near ID vor, has II late
besn strongthoLed, but it iS still an nconsder
able work. A rebel camp, 1 coo s'rong, Is re-
ported AT that point. West Of that, some i6
nles, is Camp BSsuregard whero tao rebels
had 6 600 troop', at lated accounts. This
"a on the line Of railroad between Bowling
Green and Memphis.
From the nature Of the preparations, II Ia dis
coversble that the object Of the expedition Ia to
attack and capture this force, If possible, and
then hold the position.
In order 70 carry out this plan with triumph
ant success It will require at least twenty thou
sand men Rsport SAYS that fully that number
are ordered TO move; this es imato ia, however,
probably too high. TINS must not be coniound-
ID with The gtand onset by which tho pissig' Of
the Ml.riasippi N 60 lie fJrci as thu apOvo rea-
ons ill shoS that wo are hardly in shape 10
rUL centrato our entire strength for that purpose
sat II must bo regarded az supporting move.
nent, ,rigu0d 10 push our lines some hity miles
further souJh 20 he Tennessee line.
The chances are that a sRa'l naval oxpo iition
Nlll sail on tomorrow or Saturday ~ tho Cum.
I.afll ha Lat fasI
| It Dover, driving them out Of the position and
| aiding force sufficient TO hold them. trans
| lcrIing q pa { of the fore 8 now posted a.
Paducah TO tha, point Another and more
prete7tious squadron will set all at an
| appointed signal down to Columbus and,
undcr the clear headed commodore, not only
keep the forces there on the alert for an at
| tack, but also draw their fire aHd thereby dis
cover the position of their batteries thsir range
| caliber, aud number Of guns. This latter will
be simply rec rnnoisssnce in force under tho
| immediate command OF General Grant. A far
larger and more interesting force Will proceed
am led TO bslieve, from Fort Holt, directly by
land to the vicinity Of MIyfeld.
A dense fog, accomp iniod by tho most exc
| cradle condition OF the roads, which has pre-
vailed for the last twenty-four hours, has much
| impoded the preparations for tho march. The
melting snow and fac drizzling rain for two
days has produced 10 this low, soft, alluvial de-
| posit tho most miry, muddy, sticky state Of
| roads that can well be imagined The roads
on the opposite side OF tho river are represent
ed TO DO almost impassable. Cannon and ais.
| sons sink to the hub, and travelling for both
man and horse must he exceedingly fatiguing,
it not impossible. Progress mnst necessarily
| he slow, and delay until the roNli improve,
| or a trip by the river, must be adopted. The
fog has prevented the arrival Of several expect
cd steamers from ST. Louis, with troops on board.
The World cites the following incident Of
the First Napoleon, as applicable to the present
questions Of finance;
Napoleon, the First Emperor carried on his
gigantic wars without depreciating the currency
Of France, by simply adhering to system Of
| judicious taxation.
At one period of his career, when porely press.
| cd for money, one Of his ministers suggested an
| order to compel the Bank of France TO issue its
notes secretly in excess Of the Legitimate prac-
tice Of that institution, and supported his sug-
gestion by the stereotyped arguments o. incon.
| verti de paper theorists. Napoleon listened at
tentively to the end, and then sharply replied /;
"No-that is fraud: no government that
command shall be party 10 a fraud. We want
money-my people shall have money, and not
a counterfeit.
The TNEs published yesterday the following
letter from Washington, which is Of exceeding z
interest, because from a source to whom Is ac-
cessible memuTably, the whole general plans o
the campaign. 1t should, and will, inspire pa.
tience aud confidence
WAsHINGroN Sunday, Jan. II, 1862.
MY DEAR Sin; You do quite right q holt
last TO your faith in Con. Mcclellan. | Ictn IN
!er,iand your own impotence and that OF the
| pujlie--1ut the greatest fault finders, ami mos,
llmid and fIint.hedrted patriots, will be all
| glow with admiration, a1l Init, with mingled
htme on the part ci the clyillers, AMI pride in
he hearts u all true men, tha. the delay has
hcen IMPERATIVE and thu the apparent inaetivi
ty Of Gen. Mcclellan has been but a com.
pulsory part Of his grand phn Of the
campaign, and a precursor Of yaster and
more comprehensive results In conse-
quence. There is, am sorry to saw,
an active clique here, who are trying 70
injure Gen. Mcclellan, because he but car
ries out the present purpose of the Ad-
ministTation 10 not H0D making this a war
Of Emancipation. Let the ION to Richmond
Set be patient yet a little longer. The war will
be over and their deares. wishes, perhaps, be
realized, by the "lOgic of events sooner th an
| their widest dreams anticipate. la trying u
influence the President against Gen. Mcclellan
they bite a ills. The only possible effect Of thi4
hunting and bounding, by correspOndentil and
telelTaplic missiyes, man who made hi nsell
seriously sck-more so than the public know
by his slteplsiS activity and untiring energy,
will be that it may, perhaps, somewhat impair
his usefulness with the army. He has now the
entire confidence and affection of the whole
army, generals and priyates, such as no other
commander can hope to attain. ANY attem at
| to weaken him with the army in these regpscts