The New York herald., 1863-08-19

IN ESDAY, AUGUST IL, i
The soutAsrA Cenfsasraey ss Iss Last
| 0ssp-sisas OF Approaching Disseiu-
tiOn.
From all quarters come unmistakable signs
Of the great rebel confsderacy going to wreck.
The capture Of vicksburg and Port Hudson,
Ga Lees disastrous failure !: 4: .Ae i7 7ss;:1 {. cs
Pennsylvania, have rooted out at home and
abroad the last remnants of confidence or hope
in the final success of the rebellion. The Con-
federate loan in London, made on terms SO
favorable to the lenders that they overlooked
the question of probabilities entirely, fell from
a premium Of two or three per cent to twenty
five and thirty per cent below par, and in
few weeks hence it will probably have gone
down to zero. The English government has
had new vision in regard to the morality Of
fitting out pirate ships, and that business seems
about to be abandoned, as Improbable and
somewhat dangerous, by Mr.. Laird and his
pious coadjutors. The principal journal pub
lished in the rebel capital Of a rebel State, and
under the eye of the rebel Governor-the Ra-
leigh IN. o. Stdndard-denounces fearlessIy
and iercely the,treachery of the rebel leaders;
charges them with having precipitated cause
less war, against the reason and convictions of
the people, and proposes that the State shall
send commissioners to Washington to arrange
terms Of negotiation for peace. This, however,
is unnecessary. The only acts North Carolina
need perform are to recall her troops from the
rebel ranks send Senators and members to the
Thirty-eighth Congress in December next, and
have her officials take the oath to maintain the
constitution Of the United States.
In other articles this same rebel paper repre-
sents the Southern people as ground to powder
by the secession demagogues who have their
heels on the peoples necks, and declares that
there is springing up in North Carolina pub
lie opinion which Richmond despotism will not
be able to Withstand. It says to the citizens of
North Carolina-"If this is your government,
say SO; if not, say so." These denunciatory ar
ticles are reproduced in the Richmond papers;
and even correspondent of the Mobile Tribune
writing from the Confederate capital, ventures
to say that "the time has come when every
State in this confederacy must depend upon
ITSELF"
And all these murmurs and menaces are ac-
companied by real detection from the rebel
ranks. 1t will be seen by our dispatches this
morning that Bragg, with twenty-five thousand
men still on hand, has lost ten thousand by de-
sertion; that Joe Johnston's army, now num-
berng twenty-five thousand, has been reduced
one-third by the same cause; that the noun
tains in Northern Alabama are swarmng with
these dcserters and that Governor Shorter, of
that State, has been driven to the desperate
expedent Of issuing an address urging the i'm
pressment of slaves into the rebel service. Add
to all these signs of approaching dissolution
the comparative worthiessness Of Confederate
scrip, of which it takes from twelve to fifteen
dollars to buy one dollar in specie, and the
most obstinate copperhead in New York, as
well as the most sympathizing friend of the
rebels in Great Britain, must recognize
and admit that the days of JEFF Davis Rich
mond despotism are numbered; that the South
ern confederacy will soon be reckoned among
the things that were; that the Mississippi repu-
diator will ere long be exposed to another howl
| Of denunciation from victimized capitalists in
England; that there will be long bill OF dam.
| ages to be presented to John Bull, the piratical
impressdrio, with demand for immediate pay
nent, and, finally, that the American republic
will soon be restored, with largely developed
power, to its position as the freest, greatest and
most prosperous nation OF the earth. We may
then have some little accounts to clear up with
those who meanly took advantage of our diff
entities to injure and insult u.s. But for the
present all we have to do is to finish that little
job at Charleston, disperse Lees army, clear
away the rubbish, and set the national edifce
in better order than ever. All this we hope to
have done within the year of grace one thou.
sand eight hundred and sixty-three.
ANOTHER THRONE CONC A BEGGISe.-Al-
though there are plenty of candidates for
thrones among the cadets of the royal fami-
lies of Europe, they have become rather diff
dent of late. The fate of King Otho has in
part reduced the value of that kind of stock in
the market None care to accept position