The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-01-14

AnuY AND NAvi InE ARA
ENGLAND
or

AkWy ANU NAVt NE AhA VI
ENGLAND
what the - Tioes" Thinks Of Secre-
tary Chass's Financial Report.
nv thu arrival Of The BohsmiaA ct Halif&a
whoss mails rsac hsd New York on the 81
INST. ~ have the following details OF nsws
from England: ea..sl--es.
Aanf pRIpARAf10Es.
rhe Army and Navy 0aSette says Another
battalion Of infan try aatisA for Canada Oh
Sstnrdav last. end three more will eaii IN
the course Of the present week. Unul hos
tilitiss are actually declared NO further bod,
In thst event the authorizes might naturaIi,
inok 10 the nne regiments now In the Medl
.srranexn garrisons, the Ninth, Twenty-ss
cond, Twenty Nth ana Ons nundftdtA,
without delay from Gibraltar. The tnfxn
~ r.simen - ut nome are 70 30 strengthened
kecru iting for the army 10 going on IL
The Fourth company Of Royal Engineers
are under orders 70 embark tor Canada. III.
force OF Royal Engineers In Brittsh NortL
America will coustss Of upWaros Of 100 men
and will include the Fourth, Fifth. Seventh
tlfteenth, Eightsenth, and Thirty fourth
cc %ss ao,.rpm.nt having decided ON form
ms a reserve Of troops At bermuda, for op
erati0no IN NORM Ams1iSos uAS LIN com
oany of Roy al Engineers are 70 hold them
selves in readiness 70 embark 1t an hours
notice. -
The Times and tie army and Nssy Gszssss says ::
The whole Of the screw gun. boats attached
10 me drst division Ut chatham are 70 Do re
moved from the Medway for Immediate ser
wee. The SECOND aad .nird DIVISIONS couio
o. got ready IN very snort Tune Alto
xsIner, the fleet OF GuA.boats At chatham
-TSNsp.
In addition 70 Inc ABOVE taere Is squadron
II m, rIAr ooats. al OF wAtco can u ready
mmsdiately.
Ias Ka..;ssnake, twenty one guns. screw
uisals, 900 morse pv Wer, u 70 % brooxht for
ward with the utmost ulspAIch. Ius line-
Of battle screw stsaner MOcaDce, eignty-Ous
guns, IL to Do brought forward " 10 pAaceo
me E.s iIg Fish sailed on Friday, Decsm.
ber 90 for l.lsoon, win scaled orders.
1ns guAru snlps around The coasts OF TIT
thu 90 hAs ooms were autographed tor all mel
o.lopginE 70 them 70 prepare toS immsoiats
Tue screw steam corvette Satellite, twenty
one guns, accom- panied by the gun. boats
,neiur. .ke and Spioer, left Plymouth on oun
DAY iast TOR the southwest coast OF America
Ine screw steam II. gate Orlando, nity on.
guys, Wlil take out winter clothing Tor III.
sQux.. ron a. Aailfdx.
several gun. boals at Davenport are ordered
TO Or prepared Ior The peLanI
No. 6, screw steam transport MA urltlus, Il
taking III 500 Tolls OF War stores FOR N&nnoa,
u battery OF twelve FOUNDER Armstrong guns,
ana about eO0 troops.
The defence, non steamer, % guns, Co.,
horse power, is ordered 70 be ready ~ sail Oh
January IA, tor Canada. she will Take Out l9V
common ano $50 seq ment lS0-pound.r shells,
~ boxes Of common and ~ boxes OF the seq
ment 20-pOunder shslls, l25 ooxes VI the L.
FOUNDER segment shells, $50 OF tho naval
o. FOUNDER smells, AID 100 oOxes OF the "a
FOUNDER hOWllzer shells. Her solid snot Will
CONSIST OF 600 Co. pounuers, $50 100 poundel
cOnical Armstrong;, 90 xO-pounder Arm
sGrVugs, and ~ IL FOUNDER ArmsLTouxs. Two
additlOaal, lVV- poun0er Armstrong; WILL be
added.
ssoxsrAgY oHAs3's GIGANTIC FINANCIAL sCHKnR
(rrom the Loudoa Times, Dec. 81
Everything in America il ON q ma gniflceLt
scale. she has mammoth rivers her water
fails are tumbilng d ,Ods, her mountains
tower head and shoulders above The piKmy
attitudes Of Europe. She il . continent ..
very marked features. Gut there Is nothing
in her physical phenom ena which tax,s
our astOnisnment as tho moral I'm men o, tlek
sue has lateiy developed We Gre not useu
70 the ,hun0ers of Niagara, aud the trem-n
dous distances OF the III lssis siCpi, ana tn.
high sbooulng peaks Of the An0es; but WI
are Lot AltOgeth lhcapao' - Il a new sensa
ton. We stand aghast when We have for tn
firsI time disclosed 70 US tho tremendous Veg
citation Of her national debt ana the maguin
cent scale of her deficits.
1nS AMERICAN news VIZ publish tOeOay lie
chiefly remarkable for the v or.erfui h.An-
sial statement OF DIR. haze, the Score iary o.
the Treasury In other respects it il still
put an uncertain eoubd- he popClace OF
NeW York was yet huxking the f. nd de u sion
that the seizure of the Trent ould be passeU
over without resen lment. The organs which
assume TO represent the policy of Mr.. Seward
and the opinion Of the inhabitants of New
York were still keeping up their Spirits b.
big words still boasting that Eng and hao
TOO many interests It stake to risk a quarrei
with the united States, and c, mfortine
themselves with the braggsrt notion tina
"Cnnadn Is within two days railway lou rney
of half n million of armed men, aud has d
frontier that can otter NO resistance 10 an In.
vadinE force"
The news had only inst reached them tina,
England had heard OF the exploit OF Commo.
doro likes 1t will be remembered that a,
the first moment 1t was received with some
astonishment, but with great calmness The
|. primary impulse here was, not 10 buster,
ing too much by their own abits, ana de
lighted to ind us 20 calm, telegraphed at
oace that "the effect Of the news in kD gland
IL not - uufavorable ~ was expected" In
turbed. They had yet to learn that the more
calmly and deliberately . sensible nation ex.
amines the ground 1t proposed to take mp, the
more resolute it will be in mai ntaininR that
ground. We are 10 far as ever from being able
70 judge In VIZ at mood oar demand for repara.
ton may ndthem; hut II there should have
be en- any doubt upon the mind OF the red
eral leaders, or any division Of opinion
among the Federal populace when Lord
Lyons made his communication, that mag
niflcent and stupendous' def1cit Of forty three
millions sterling remaining at the end Of d
year. during which the borrowing powers OF
the Federal StaS9s wsre raxsd To the tmost
ought 70 aid these people TO sec their posi-.
ton. Mr.. Chase, as prudent, or rather
jealous, Secretary Of the Treasury, does not
60 ous Of his way to mention diea greeab.e
facts He does not te II u hO Y much Of the
expenditure of 1851 was raised BY loans and
how much by taxes; nor does he mention
| the present amount OF the newly born ma.
| tionnl debt Of his nation. without this
Intelligence, however. he states quite
| to judge how long this war Of subju.
cation can last, and what the proba.
| bilities are OF eustaiHing another war
in addition to It. He saQs that from July,
in round numbers, zoe ooo, 600 s,erIiag, Of
| which he has succeeded in borrowing about
go 900 900, and hopes 70 get the rest BY paper
money, moro loana, and taxation to the
| amount Of about e., eoo,o 900. II he can 20:
money. and il they will also pay taxes, he
| will then be able TO make both ends meet up
| to July. 1861; but, IL tho South should not
BE- subjugated BY that early date, he tells his
seventy six millions sterling for the service
| OF the next year, and that at the end of June.
|. 1858, the national debt Of the Fsder 1 States
| will b~ nine hundred millions Of dollars.
Yet, II we were to examine Mr.. Chass's
| figures very closely, We should md the esti.
| mate Of expenditure, and still more the esti-
| mate Of the amount Of debt, very niue I'M
derstatea. However. Let that pass. Two
hundred millions In three years form not q
bad nucleus 70 a 70 psctabls national debit
| L will be observed that there IL no question
here a. TO where the lenders are to come