The New York herald., 1862-05-07
Admiral walcott, II. NJ, on the New
Navy.

TFroIn tho London Times, Aprll "a
Yesterday evening tho Right Honorable the Lord Mayor
and tile Lady Msyoress gave the accustomed entertain
mcut mt the Mansion House TO assombsgs Of
Admiral WMcorr, In acknowledging the toast on be-
half OF the Navy said the recenl battle in American
waters had rendered the toast which had met with SO
generous RESPONSE OF peculiar interest 1he whole
country had been startled with the news and required
promptness equal the emergency. The noble lord
tho head Of the governen' hAa 70 .no unve
upon now principle. The country ungfudgngy would
Furnish the o this gigantic undertaking. our Mines
FORCES public arsenas and private yards would
furnish WELD the native iron Which England provided
uexhausby TO hands The honor and safety Of the
rSb Isles were staked upon our immediate on
ths great work. Meanwhile need have alarm Tho
problem had yet to he solved 10 construct on the other
side OF the Atlantic going vessels which coud without
danger themselves, go out OF sight of land AID
pardcd matters the continent, bad had tinoly
ing aud had displayed cur determination TO be lfs IN
tho Of reconstruction in which every maritime tu
Korean country would take part. (Cbeers.) Whatever
might bo the changes In naval warfare, however dif
fcrent the OF ships and the conditions OF
our actics siou he was proud TO believe preserve
tho spirit and courage ~ seamen animated with the
saus indo,nable resolution which led our fathers TO
victory and the future would adorn bright page
the history Of our country as the pass lCheers.)
Englnnd's Fears from the Revolution.
IFrom the Paris Constitutional, April 2l.l
n resu,s from the engagement between the two plated
ehps on coast Of America that the Msrrac and the
Monitor are not in any respect 20 be compared to those
plated ga,ss which England has launched detective as
they may be- would certainly give good account OF the
two American ships built In such hurry. II Is,
tbecss true that such they arc, these two ships or
rather boating batteries, would destroy the most solid
wooden fabric. This fact being admitted, the conss
oueuco Ia clear and that at this
moment the noblest fleets OF unpatsd wood
are powsrlsss as instruments OF warfare. This
fact our neghbors cannot perceive without regrctthey
who have spent for the last three four years
than three hundred millions In building new wooden
sbps We must congratulate ourselves that France has
not been drawn into this movemsnt She has left the
English Admiralty TO quietly 90 on increasing their
wooden feet Our Minister Of Marine has prudenty re-
served the regular moderate resources OF the Budget
for the building or tho only plated shps which thank
Cod, givo at this day complets satisfaction The OK
poits OF the Merrmao have again proved the insunl
cheney OF land fortihcstions 70 protect the coast s
also Il sopcha unpleasant fact for ot neightors, who
rushed into ncalculabo expense on land forhcstons.
Tho naval combat which atracte attention shows the
necessity Of inventng plated ship which shall combine
strength with sailing powers. The herrimac, un uil-
yedy yssasl had retire before the Monitor, which
ia smaller aud less powerfully armed
What Is now proved beyond doubt s, that In the two
worlds the war navy Is undergoing complete transior
nation and that We must continue In the same limo,
without cpitalJn, certainly, but also without weak
ness,