The New York herald., 1863-03-03


State has no Lieutenant Governor, as the Hon.
Samuel G. Arnold who was elected last'sprng,
resigned, In order to serve till March in the
United States Senate. Hon. William G. Cozzens,
Of Newport, the presiding officer in the State Sc
nate, becomes, in accordance with the provision Of
the constitution of Rhode Island the acting Cover
nor, after Governor sprague's resignation.
The Board Of Aldermen yesterday amended and
passed the tax levy, which has now to go to the
Councilmen. The items increased by the Alder
men amounted to nearly 5000, 900. The amount Of
reductions made was about $l95 900.
The Board of CounciImen met at four O'Clock
last evening. After transacting large amount Of
routine business . resolution was adopted direct
ing the New York and Harlem Railroad Company
to remove, under the direction Of the Street Com
missioner, all their switches, rails and turnouts
laid down without municipal authority. The an
nual tax levy was received from the Board of AL
dermen, and referred to the Committee ON FL
nance. A resolution Of concurrence was adopted,
directing the Street Commissioner to purchase
steam FIRE engine for Engine Company No. l3, at
an expense Of $500. The Board then adjourned
until Thursday evening next. at four O'Clock.
The Board of Supervisors met yesterday, and
passed the County Appropriation bill over the
Mayors veto. The bill and the veto have already
been published. There was no further business Of
interest before the Board. They adjourned to
Wednesday next, at three O'Clock.
The Second New Hampshire regiment left this
oity at five O'Clock yesterday afternoon, for home
Previous to their departure they partook Of din.
ner at the Astor House by invitation of Mr.. Stet-
son, the proprietor.
The Grand Jurers in attendance at the opening
of the Court of General Sessions yesterday, were
discharged for two weeks, in consequence of q
panel being then in session in the Court Of Oyer
and Terminer. John Yates, o clerk formerly in
the employ of Samuel Ingle & Co., distillers, 10
Front street, was arraigned under three indict-
ments, charging him with having embezzled seve.
raj hundred dollars from his employers. The pri-
soner pleaded guilty, and was sentenced to the
penitentiary for six months. In consequence Of
the illness Of City Judge McCunn the count was
adjourned until Saturday next.
The stock market dull and lower yesterday, the
decline being from u 70 lH per cent Gold nuctuated
between III and 172, closing at III q bid. Exchange
closed at 1s0 a 1s9K. Money was very easy al Q per
cont. Tho Bank statement shows increase Of
50 sS7 deposits 81 os2 in loans, and 81 63eo4e
In specie.
Tho breadstuY market was generally quiet yesterday,
Ing in provisions and groceries, but they quoted
steady. whiskey dull and unsettled. Cotton
shade lower. with more doing. moderate busissss
reported In hay, hemp hops oils and tobacco Wool
selling freely at rising prices Tho freight market
was less active.
Congress, the Administration and the
War.
Tomorrow the labors of the present Con-
gress come to an end. Its record is before
the country. First called together at the ex.
ira session Of July, 1861, to meet the extraor-
dinary demands Of gigantic armed rebellion,
this Congress has been the most eventful and
the most remarkable in the annals of the United
States, but in nothing else SO remarkable as in the
extraordinary powers just granted to the Presi-
dent for the suppression Of this rebellion. With
the immense authority with which he is thus in
vested over the militia, the finances and the
material resources of the country, we may
safely say that his administration will be most
fail to bring this war to completely successful
issue in the restoration Of the Union.
With the prodigious, well appointed and
thoroughly equipped land and naval forces
now in the field, completely enclosing the re-
bellion within their contracting circle Of fire,
and with the enormous reserves Of militia upon
which President Lincoln is authorized to draw
to any extent, he may, with the exercise Of
o little extra exertion and skill, conquer q
peace within three months. Nor can we ina
gine how he can possibly fail to do this within
six months, with anything like ordinary com.
mon sense and activity in the management Of
our overwhelming fleets and armies. But here
is the trouble: our fleets and armies, thus far
have not been managed with even ordinary
ability and unity Of purpose at Washington.
Between the blunders Of the War Office and the
blundsrs Of the Navy Department, our greatest
enterprises have 50 frequently resulted in dis
aster that but little confidence is entertained of
any great successes in the field, short Of q tho
roughgoing reconstruction of the Cabinet
But for the hot haste of the interneddling
abolition faction at Washington, the advance Of
General Mcdowell upon Manassas in the sum
mer of 1861 would have opened his way to
Richmond. With wiser combinations on the
part of the War and Navy departments, the
Port Royal expedition of November, 1861,
might have taken Richmond by way Of Norfolk
and the then unobstructed James river, while
the rebel army of Virginia lay encamped ono
hundred and twenty miles away at Manassas,
with General Mcclellan behind il. With any
thing like ordinary military skill in the War
| Office. its combinations would have carried Ge-
neral Mcclellan from Yorktown straight into
| Riohmoad, Again, had not General Mcclellan
| been removed from his command when he was
prepared to p'unce upon the enemy in the open
| field, tho Army Of the Potomac would not have
been required to spend its strength in vain
against the strongly fortified position Of tho
rebels on the heights Of Fredericksburg; nor
would General Burnside have failed to carry
| those heights bat for the delay at Washington