The sun., 1862-01-03
of specie in Philadelphia!


Mr.. Russell the correspondent Of the London
TINES, in a letter dated Washington, Dec. lat,
after allulinS TO the subsiding Of the excite
mcut about the arrest Of Mason anu SIiicll,
says;
Tnerc il no ID 4bt tlat the development Of tho
naval power Or tho NOrth is ahly aud skilidlv
conducted by the Navy Department an that
the most rnlible preplra' 'Uns are being made
to crush ont all resistance on the 7eabo 'rd, and
10 destroy the present commerce, IL not the iu-
tuTe life, OF the reyo'ted Southern cities How
long the Confederate army can maintain itself
against the urgent crios Of tho maritime s,ates
to their Fons is doubtful, but the Government
here act apparently on the belief that Bsaure-
gard, forces will be- a, last reduced TO such
number that Mcclellan can a1vance against
them with every certainty Of success in his over
whelming strength and vast superiority Of artil-
lery.
The General mu't re,y soon DO tomsthing or
the North will become angry. great victory
by Land is needed for the prestige of her arms,
but the public voice ia .encel by tho fear of
what would follow defeat. A false step, an
sbortivc blow in front Of Washington, might
render al her little triumphs in tho South
worse than abortiye, and lay the North opln
to invasi IN at the very moment when her su-
periority was becoming daily more mlniest.-
Slowly but surely, her teeth are fastening on
the southern coast.
The acquisition OF Tyhce Hand giyo' adj
| tiunM Importance t. the 0c upaton OF pvt
| Royal, and closes up the eu--rnce 10 S.vIu-
nah oNeC'rall". IL also affords "A base Of %, ora
tons a..sins' Fort Pulaski, which is lilul'o on
| a slnibank divided from the island by "a" sea,
a little Lii her up the tideway Of the Savannah
| River.
| TO my mind there has been by no me,us such
a display Of energy as might have tom OK
pectCd from regularly trano officers Of orli N.
rtsu oh 10 IN vii ha AZ an
works. With little dash aud promptitul3 on
| their part not one Of the enemy ought g. hiyu
GOT awa,i Whcrs were hc yurhoI's Where
were the armed launches and boats of the ileoti
Allowing some risk in the operation, why did
they not make an attempt 10 cut in On the iy-
ing earrisons as they were rotreating over the
detp water passages which separate the islands
they occupied from other islands adjacent to tho
main lanI: Something mus be risked to gain
success. Why, up to this moment arc tho
bridges Of the railway between Charleston and
Savannah untOSched and in the hands Of tho
enemy. The Comhaheo an the CoosAWatches,
deep sluggish streams, are sptnnod few miles
above Beaufort by long trestls bridges, easily
dertroyej; but the enemy have been permit cl,
hitherto 10 use the Immense hcltlo- ef the
railroad between these important points uLmo-
le-to l.
The correspondent gives an account of the ro-
view OF the regular troops at Washington dur
ing the latter part of Noyeml er and says, that
although some Of the younteor.re zine nt' would
compare iGyoIably, in appeMan,s at least, with
the reRul rs, yet prudent general in view Of a
battle, would prefer ths regulars TO three times
their number Of volunteer troops. H. gives an
account Of visit to the camp az Great Falls,
and char cterizos the yolln'oer- as no worry in
cMnation Of indifference, Ii,l,es,no., and urs.l.
dieIly mcss lie gives instar les Of insuborlina-
tion resulting, it would seem, mostly from the
inc4pacity Of The oflicers lie says truly enough,
that it is in this laxity Of discipline and isnor-
ance of military duties that General ~ ClelLU 1
chief difficulties are TO be found, Tho detach.
mtnt defending the aqueduct that supplies
Washington with water and commanding i'm
| portant roads into Mary land and on tho flank o
the capital carnot, according to Mr.. Russell, b,
! relied on to do their duty.