The New York herald., 1862-06-01

was engaged at lo,sd 1ld in ships bags and flour at
Is. Cd. To Havrs wheat was at 2Oc. per bushel.
Bcauregard Broken Up-The Rebel ion
All Adrift.
Reauregard's evacuation of Corinth substan-
TALLY finishes the rebellion in the Valley of the
Mississippi.
General Halleck says that "the enemy's posi-
ton and works in front of Corinth were exceed
ingly strong; that he cannot occupy stronger
position in his fight" and that on the morning
OF his departure "he destroyed an immense
amount Of public and private property-stores,
provisions, wagons, tents, &C.," that 'for miles
out Of the town the roads are filled with arms,
haversacks, &C., thrown away by his fleeing
troops,r and that several thousand prisoners
and deserters have been captured; that demo-
ralzation exists to great extent among Beau
regards troops, and that che distrusts his
army, or he would have defended SO strong
position" as that which he has so hurrfedly
abandoned.
In these brief but comprehensive and very
suggestive facts we find sufficient evidence to
Justify our conclusion that the rebellion is sub
stantially crushed out in the Mississippi valley.
Beauregard abandoned his strong position at
Ccrinth because he was convinced that he could
not hold it against the army of General Halleck.
The only strategy in this retreat is that OF self
preservation. His withdrawal was not an
orderly retrogade movement, but somewhat
precipitate and very disorderly flight, and very
disastrous withal in the loss of his supplies and
transportation. "He destroyed an immense
amount from which it would appear that
our heavy siege batteries, having come up to
close quarters and having given Monsieur
Beauregard taste of their quality, he was sa-
tisfed that it was time to be of, without risk
ing even another day to secure the valuable
stores and materials which he gave to the fire.
Whittier is he bound? He endeavored first
to take the casterly one of the two railroads
which, from sixty to eighty miles apart, run
down through the State of Mississippi from the
transverse Cornth and Memphis road; but,
being here arrested by bridge destroyed, he
was compelled to turn back and take the road
to the westward. From this we may infer that
his design was to work his way eastwardly to
the chances of junction with the rebel army
Of Richmond; but by the western road, to which
he was driven, he can, after descending it two
hundred miles to Jackson, turn by another road
to the eastward, thence down the road to Mo-
bile, and from Mobile he can ascend by steam
boats the Alabama river to Montgomery,
where he will strike network Of railroads
communicating with the North. This detour
may be his object, or he may be driven to the
desperate attempt Of passage across the Mis-
sissppi at or near Vicksburg, to which point he
commands the necessary railway facilities. A
few miles above vicksburg the Yazoo rivera
large tributary of the Mississippi-wo doubt
less, if he could open passage, furnish him the
necessary steamboats, and barges for crossing
the remnant Of his army over into Northern
Louisiana, en- route for Texas and Mexico.
But, whatever may be the designs of Beaure-
gard, we think that Gen. Haleck has substan-
TALLY accomplished his work in the Mississippi
Valley, and that Beauregards greatest difficulty
now will be to keep an army of any strength
5r cohesiveness In the field. But it is rumored
that he has been compelled to retreat only be-
cause of the depletion of his army to strengthen
the rebel camp at Richmond; and that thus,
from Cornth, Richmond has been strengthen
ed so far that it has a defensive rebel force in
front of Gen, Mcclellan of two hundred thou
sand men. We are not alarmed, however, by
any such reports. The retreat and demorali-
cation of the great rebel Army d The West
will unquestionably demoralize their Army of
the East raised a. it has been, to a very great
extent, by press gangs, and fed as it is upon
half rations, with daily diminishing supplies.
In a word the rebellion is all adrift, and
with the occupation of Richmond by General
Mcclellan, which will most probably be the
next great event, we shall have nothing more
to do than to gather up the fragments that
nothing may be lost. Meantime, the good re-
suits Of Immediately reinforcing our armies in
the rear of Mcclellan, after this late repulse of
General Banks, are beginning to appear in the
recapture Of Front Royal, and in other CO.
operative movements, which will make short
lived rebel jubigee over the late expulsion Of
the old flag from the Valley of Virginia. Let
our horest and patriotic President 60 forward
IN Ills good work, turning neither to the rignt
nor to the left to pay any attention 70 the ad-
vice or clamors Of our abolition disorganizers,
and we may still hope by the Fourth Of July to
celebrate the extinction Of this rebellion and
the complete triumph Of the Union.
The EVACUATION OF CoRNTH.-The fine map
which we publish to-day Of Corinth and vici-
nifty was drawn by one Of our war correspond
cnts with General Halleck's army, after
careful survey Of the whole country repre-
sented. As soon as II became obvious, from
the preparations then being made, that the