The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-02-08
THE NEW YORK SUN.
SATURDAY MORNING, FEDY 5 1862.
Now York City Press.

The WORLD, while still opposed TO the poli-
cy of making the new Treasury notes legal
tender, hopes that the tax bills now maturing in
the Committee OF Congress will sustain their
credit, and 80 avert tho evil results that would
be otherwise inevitable. II sayS -
Conueas virtually stakes everything on the
result Of the battles to bc fought in tue spring
campaign. II we fight and conquer victory
will give buoyancy 10 the public credit. We
shall bo able to retrace our steps, and return TO
a constitutional currency and sound financial
Principles wi h comparative ease. Bat if the
sptirg campaign misc aries (Which Heaven
avert } the financial scheme about TO bc adopt.
ed is milestone tied to tho neck OF the Union.
Il will iii k il forever.
Its Washington correspondent, in describing
the scene In the Senate Chamber on the expul-
sion Of Mr.. Bright, states -
McDougall Of California, being drunk, rs
usual attempted 10 make a speech, and failed
"a always. lilo was very drunk ~ drunk that
even the official reporters will have hard work
to make English OF the few uncouth sentences
which rolled from his lips. Three thousand
people knew that he was drunk, and | seo no
reason for not recording the fact.
The HERALD, commenting on the proposed
establishment Of diplomatic relations with
lIsyti and Liberia, suggests that a roprcso lta.
tive should also 10 sent 10 the Gorilla c,untry-
with Wow, doubtless, to the appointment Of
it's venerable proprietor on a mission for which
he exhibited so great an aptitude.
The TIMES anticipates the N nost important ro-
suits from the grand plan Of outhanking tho
rebels into which the campaign resolves ltsell,
1t remarks;
Price has accompl shod more BY skillful al.
vance and retreat than B>aursgard a. Manas-
sas, 10 his maHmcih ior',.ncationA Bowlirg
urSeh "a anu msn'eS' =, outAsnkcd, go noIhing
aii. anu 'io -. tnat hold thom are helplesslym ~ 70
poYpr--and tia, RI no very dear cost; Inc
whole sirile will 10 decided, II Nv sueseod hofe
icr the South can neither raiso second army
nor compensate her loss by fresh leyie', and, l
she could, it would avail her nothing. Iher'
can be no question but that our active force nov
in the field 10 abundantly ablo to hem IA th
Southern army beyond the possibility Vi escape
and this done, all Is done.
usLondon correspondent, January % writes
The most ncreduous friends OF pOaco at an,
price now bslcvo in European intervention Il
tho affairs OF the United States, a. well as thol,
OF Mexico. II ia settled IN respect 10 tho lat
ter power. France and Spain will occupy tn,
city OF Mexico until thero shall 10 found sta
BILE government, which shall RiyO security iO
or lsr in the future. Europe is apout 10 dt
Wha; America might have done when Genera
Scott entered the Halls Of the Monte zimas.
Yes, II is on tho cards. Ia one month from
this dly, certainly ia leSd than two months, IN,
.h.cp,I de-, 90 ui the Soutborn tonisdittcy vii
! .ei' ,gtiS,d by tie governments Of ttd.c
| ma ryluld, and hose fovornmon5 Will va
| cua'.r the vuic' ol Tho pCop.e, 20 Tar as ,1l
| ,,,.. c,u D, distinguished. TIE pr s'1fc l. 10
| .t,or., T., he resisted Interest AID p,i'y d'N
.,n...l hi, ,. .sn,i.n, and Il vii b. ,ocJmpa
H.. I'by ,hs o5en. - OF tho 6'o-k'o OF tn
S.u,l ern portf. lNr,4 mo- .,,,, 20 ,'s..'' !o
c'nn.t Ge too speedy IN yonr ~ b,rs,lt
~ America has 10 hope blvs. ,Il,,
Even Rus. a her m ,st likely ana = lisa,
| .,s.rts tor n thi, jInctura. fHs CIR siv vis-,
| .rr % mako paloo Wi'h IA, S,urh and petcs
means III me nAormGnt u her grolt empire. S1
far as | can SEQ, America must either retire
from her present contest, defeated and humlli
ated, or she must enter upon one of tho most
terrible struggles which tho history OF IN tnkini
may ever record. | SOC no other uiv. NJ
concessions, however humble, will DO Ot Suy
avail.
By yastrango fatality, or what must asem tc
you strange peivor5ity, wha,eyor Is done by
the American Government, e. made 10 toll
againtt IL. Tho solemn dOyllTa'iln Of Prtsilon,
| Liucoln that he would maintain the COls,itu.
tion, with its recognition and protection o
| slavery where 1t exists, have gone far TO aiio
nate Abolition sympathy. II thcre is a move
mcnt toward fUrcih's emancipation It is hold
up aS barbarous and fcrOCiOus mode ofprosoyu,
ing the war. England em1hcipl'ed hsT slaves
but she paid tholr mssto's fair valuation
| Threaten to turn the slaves against their mas
| ters, and YOU are denounced "a monsters