The New York herald., 1863-01-15

NV VIM AunAnO, lhO
large number Of persons into prison. A growing
state of i'll feeling has been noticeable betveen
that country and Brasil. and Paraguay also Il
joining against Brazil. There il fear Of general
war, in which all these Rio de Ia Plata countries
will join against Brazil. Wool this year Is twenty
per cent better than ever before in Buenos Ayres.
There are experiments going forward in Buenos
| Ayres, on large scale. to test the value Of
cotton as product of that country. and there
| is no kind of doubt of its success. Next year IL
win produce cotton from at least five hundred diff
| ferent estdncias.
The new Board Of Education reelected William
E. Curtis presiding officer of the Board for the
present year, and Thomas Boese clerk The newly
| elected President returned thanks in short ad
dress. The Finance Committee elected were Com
missioners Smith, Welsh, Brennan. Montgomery
and Bogert. The Executive Committee on the
Free Academy elected were Commissioners Stout,
Hayward, Larremore, Smyth, Miller, Vance and
Tuthill. After some further business of minor
nature was disposed of the Board adjourned.
The case of the People against. Lawrence Kelly,
indicted for manslaughter, was concluded in the
Court of General Sessions yesterday. After an
able summing up on the part Of the people and
for the defence, Judge McCunn charged the jury
upon the law of the case and after brief absence
they returned with verdict of acquittal.
The Legislature Of Massachusetts, will to-day 90
through tie forms of election for United States
Senator snd the result will be adding of six years
to the term of service of Hon. Charles Sumner.
The Associated Sons of Connecticut met last
evening 1t the Fifth Avenue Hotel. The opera
tons Of the committee for the past year were con-
densed in a report; the minutes were read and
confirmed and officers for the current year appoint
ed, after which the meeting separated.
The stock market irregular yesterday, and prices
as whole were lower than they the day before.
Gold was, however, active and busyant sold high
as 14s, closing at 147k bid. Exchange was 1e1 l62
Money was active but all the money required could be
obtained at six per cent The trade tables for the month
Of December and the year 1862 will be found in the
ney article.
Cotton sold to the extent Of 1000 bales yesterday
closing with middlings high as TIC Flour, whoat and
corn opened shade dearer with fair sales but wore dull
at the close The principal movements in provisions
were in pork lard and bacon which were advancing and
sugars were the only active item in the grocery line
Liberal sales of spices, rasns petroleum and whiskey
effected and moderate transactions reported
in other commodities There less activity in freghts
Tho Latest Rebel Programms-An Alii-
ance with the Northwest and Guc-
rilla War ON tho Ocean.
JEFF. Davis, the anointed military director Of
the so-called Confederate States" in the
course of his late Southwestern tour of observa-
ton, declared, in public speech, that he looked
for 'the first CLEANS of peace to the North
west" There will in his opinion, be split
between "the Yankees Of the Northwest and
will be opened to peace and Southern con-
federacy. But how is this split to be produced.
The plan by which it is TO be brought about is
very simple. The rebel blockade Of the Lower
Mississippi at vicksburg and Port Hudson is to
do the work. Those two points are to be held
against "the Yankees" to the last extremity;
and, il so held successfully some months
longer, the Northwest weary of the war and
supremely desirous for the right of way down
the Mississippi, will, 1t is supposed, accept the
Confederate" offer of the free navigation Of
the river CO the basis of an alliance with the
South, or of movement in favor of Southern
independence.
These calculations of Davis may be very alb.
surd; but 1t is enough for our present purpose
that he seriously entertains them. 1t is enough
that, in the determination Of the rebels to hold
Vicksburg and Port Hudson to the last extremi-
W, they have larger object in view than the
maintenance of their communications between
the eastern side of the river and Western
Louisiana and Texas. The reader will remem-
Der that the grand rebel invasion Of Kentucky
.ast August vas aignslizsa by 9 proclamation
from General Bragg to the Northwestern States,
dsnouncing the tyranny Of the Lincoln
government" extolling the benignant despot-
ism of Davis, and calling upon the people Of
the Northwest to make common cause with the
happy people Of the cotton States and in be ).
half of the millennium of their new confedera.
ton. We dare say, too, that had the rebel
army In Tennessee succeeded in defeating
General Rosecrans and in gaining Nashville, we
should have had by this time repetition by
Bragg Of that Kentucky proclamation, and
from some point on the Ohio river. At all
events, the facts cannot be disputed that the
rebel leaders for q long time have look
ed TO the Northwest for some diversion
in their favor, and that, while they intend
TO dispute our right Of way down
the Mississippi with all the means Of resistance
they can bring to bear at the two points indi-
Gated, they still expect, with the bribe of the
free navigation Of the river, to bring the North
west 10 some direct OF indirect movement
sgains. the further prosecution Of the war.
Now, we agree with General Banks that the
Northwestern States can no more be detached
from the railroads and canals which connect
them with New York than they can be cut of
from the right Of way to New Orleans and the
Gulf Of Mexico; and thus, in reality, the North
west il held under stronger bonds to the Union