The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-07-10


mond.
A the smoke and the dust clear away from
tho fields Of the late sanguinary fighting near
distinctness the imperative necessities for the
change Of position undertaken by Gen. McCfel-
Ian, and the mastery and successful manner in
which this movement was accomplished against
the overwhelming forces Of the enemy in every
encounter but, most important Of all, we now
perceive that the rebels have concentrated and
staked ell their available military forces and
resources upon Richmond. and that If they are
defeated ct Richmond this rebellion 10 at an
end.
From the beginning to the end of those seven
days Of sanguinary fighting, the encouraging
purp ose and visible object of the rebels was
nothing less than the destruction Of our army.
They believed themselves on the high road to
Washington, and thus they fought with . do
termination and . degree Of Indifference for our
destructive batteries never before developed
in this war. They have lost the prize which
they thought to be within their grasp; but they
have not abandoned the hope of winning it nor
the resolution to secure it The Richmond
Examiner calls upon the rebel authorities and
States and people to push forward ct once all
possible reinforcements from every quarter to
Richmond, in order to finish up the work Of
the destruction Of our Potomac Army, ~ the
only thing now required for the contamination
of Southern independence. And no intslli-
gent man can for q moment doubt that now,
henceforward, and Is fast as possible, ell the
scattered detachments of the rebel army in
other quarters, from North Carolina to Missis-
sippi, will be hurried up to Richmond, for the
purpose, if not prevented, of an overwhelming
descent upon Mcclellan, while yet awaiting
his expected achievements.
The facts, the evidence and the argument are
perfectly conclusive upon this point. There
can be no doubt about it. Richmond is the
head and the heart of this rebellion. The rebel
leaders have made it 80. They did not in the
beginning, they do not now, expect to achieve
their own independence They depend upon
cotton and European Intervention; and they
know that all hopes Of such Intervention are at
an end with the loss Of Richmond, their Confs-
dsrate capital But if by concentrating all
their military forces at Richmond they can not
only hold that city, but destroy our menacing
army, then Davis and his fellow conspirators
will have good reason to believe that their
Southern confsdsracy will b. rscognizad
abroad, though it may still bs treated Is an in
solent and groundless rebellion by the govern
ment and loyal States of the Union.
What, then, is the government called upon to
do? Il is called upon to meet and settle it,
accounts with this rebellion in single decisive
struggle for Richmond. If we are defeated In
this one struggle, all our expenditures of blood
and treasure Of long campaign will have
been wasted; if we are successful, the rebellion
will be laid PROSTATE at our feet, powerless to
strike another blow. General Mcclellan, with
his noble army recovered from its late ex-
hausting seven days fighting, and considerably
strengthened in numbers, stands ready at any
moment to receive and repel the enemy in any
force which he can possibly bring to the attack.
But the advance of our army upon Richmond
cannot be renewed without very heavy rein
forcements. Within one month, however we
can easily strengthen Mcclellan to the extent
Of two hundred thousand men; and, to make our
next advance absolutely overwhelming, two
hundred thousand men will be wise and cheap
investment 1t will save time, blood and trea-
sure, perhaps, beyond computation, over the
disastrous policy Of opposing rebel brigades by
Union regiments.
Whatever may be the views and conclusions
of the President concerning the late movement
of General McClellans army to the James
river, and the consequences attending it, we
hope that upon one point he will act with more
than his accustomed resolution and energy
that he will consider all other questions secon-
Diary and subordinate to the demands Of the
army Of General Mcclellan and the army Of
Gen. Pope-the safety Of Washington and the
capture Of Richmond. Let our veteran soldiers
from other quarters be pushed forward into
Virginia, and let their present places be sup
piled by new recruits; let our army between the
Shenandoah valley and the James river be
strengthened without delay TO the extent Of two
hundred thousand men, and we may yet before
the frosts Of October bring this rebellion to the
dust. We are sure that II can and will be done
if the administration viii only keep step with
the spirit, the means, the will and the just ex
pectations Of our loyal States.
All other armies, all other military points, all
other questions, are as nothing compared with
the rebel army of Richmond. In disposing of
that we regain all that has been lost and all
that is in doubt; for we put an end to the mill
tary power Of the rebels. But we have no time
to lose. The army Of General Mcclellan must
be speedily and heavily reinforced, or we may
lose another campaign.
THE SPECIE PANIC, AND How TO SToP Ir-The
groundless fears Of some people, and the greed
for money making which possesses others, have
caused little panic in the specie market, and