Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-11-21

Hood aud tOfrr6h Iuebo tfOVpa IeaSh0a Nes~N =
steamers last W ednesday. ~
Colonel Powell, the active adjunct of Sheridan IN tee
Valley, has been promoted to the rank Of brigaaber
General, TO date from October l6'h.
General Hancock, at hs own REQUEST has been re.
lieyed from the command OF the Sscoro OorPs' auu
will remain in Philadelphia for several months, under
medical treatment for wounds which he reserved some
ime since.
In a spssch at Providence, r l., last week, General
Buris de who, We a.e glad 20 know, 10 coming back 70
Grant SAID:
@ I bsHeye our armies have made secure Judgments
at moot important points In the South, and II only needs
patience and confidence en- the part OF our people to
bring shout the desired result, by ESTABLISHING the au-
thority of the Government at all important points,
Small marsuding parties viii exist Tor years, nat the
main armiesW will soon be broken up, and then VIII oom-
menoe the establishment of free schools and free labor,
the result of which viii be in a few years cheering to
all lovers Of liberty, civil zition and religion"
DUTCH GAP CANAL
roorrsSpondsuee Of the New York Tribune
HnApoUAArEEs AMY OF TaE JANIS, Nov. lS.-four
correspondent maze a Reconnaissance towards "the
Caps General Buffers celebrated canal Is no"
known.
The preliminary survey for this important work was
made on sundsy, August z and the WORK itSsh COM
msncsd on the IA b VI the same month
The neck Of lsnd which forms the bend in the Janes
river st this point and through which the canal Is cut
"a I65 Jsrds across. The excavation 10 OF sufficient
deuta below low Wstsr mark 10 Jat the largest gun
ooals necessary in the siege operations 70 Dc osrned on
hiVhsr NO the river. Toward OF fifty thousand cubic
wards OF sarth-most OF it Of dark blue clay, when Is
xaV difficult 10 removs-hsve already been excaVatea
nv manual process Aioue while the steam dredge en-
FaRed in removing the deposits from the bed Oh TIE
canal, and widening is mouth, does o work 60 al 10
anon SO tons Der asy. Phls WORK, II must be remsm-
bersd. mas been done under the frequent, ana during
the earliest stages of ies progress thy almost incessAnt
sleling Of Rebel batteries. From 90 to sOO men nave
beeu employed on the work iron time TO tmes fIs-
SAINT folc. about 200, all Oolored.
Toe entire WORK viii, Il Is expected, be complete De-
fore December. Asjof Baldwin is in charge OF the
military (eIOavating) fOrOe, and Major heon, Ii cnaIge
OF the engineerir & foros. The army 10 still baking 10
he glorious sunl ght OF early autumn. Tue weather 10
A. zoe - heart could EiBh.
AfAEKu IURH OlAF.
The following extract, which We hnd in the american,
ia STYLED by that paper AZ the %traItorous conduct Of a
naval officer:
C,1Ro. Nov. l6.-IL has been discovered that the
i,onoiAd eunboaG Rather was actually recently cold to
,hs rabelss by her commander, at H.ms Point below
Nara The Ia rather Indefinite, but iL 10
"a thu commander had so disposed OF his men a. TO
nrsveut resistaI oe to her delivery TO Ehs enemy.
A ANAL boat approached her on the night she was
N have bs.n delivered TO Ihs enemy, but q subordi-
80 ,eioer on board had his suspicious aroused, aud
N a nH ~ IL ASSlA9l efo@NS~NN6 NNSA v
Tbs Aft air was cubs, qdsntly Investigated, when IL was
tiscov.red that the commander OF the gunboat had
sI,sadv received 100000, aud other payments were
90 h. made in cotton. de was arrested, bus escaped,
5solsrlnR that he would command q ~priVateeF, aud
80 ,bs Yankees Ii Tue rebels intended to use
sbs Rather in capturing the gunboAt General Bfagg.
An TSGLIsHHANs OPINION.
The Richmond correspondent OF the London Times,
vr,ing on the sh Of October, says there. MAS nearly q
panic IN the Confederate capital on The 2sth SePtem-
whsn Grant made hs advance, aud hs had Oaly a
hand6l nf uoops to resist. Lsoa troops, he ears. re-
oui,s reat--Uhioers and men ste hal worn cut, having
fnowu no rest either by night or day for 100 days, and
exposed at tbs zane time to QUE OF the hercest summers
ever known In Virginia, GENTLY led upon meat (mosty
s,I6 and bread without vegetables. The writer, how
sver. adds at ia NOT, in my judgment, unrsasOnl able
IN expsct that the hour Of gloom through which The
Oonlsderstes arr nov passing-.he dIrkest aud pro-
which they have ever witness. dis the hereld
OF q brighter day
The realization Of this prospect seems to depend, in
the opinion of thu Times CORE s%pondent, on Sherman
beipF routed in Georgia, and Grant being kept at bay
uaui christmas in Vagina. ln that case it will be-
ma saws. for M. Stanton 10 get together
speb an army A. will DO adequate to the commencement
of tina sprinR campaign in 1865. Ii, GU ths other hand,
Sherman ia able 10 tX.riCato himself from the critical
~position, by either beating or out"ittirg Hood, there
q IN be Teapon for apprehension about Richmond du-
ring the couluB "lh'eib VIC "e VI "Hon nAS ueGeI
existed before.
RIyIIw OF "RIBEL FINANCES"
The financial editor of the New York Commercial
Adpsrttssr speaks of " the rebel debt and finances" ss
folows:
Ii will doubtless be a puzzle TO many hoS, with an
approaching our OWL IN nuUoeTs, and with the
power OF g~Feybscks reduced 10 FIVE cents
n, I q dollar. the rebel debt should have rescued only
- Itu 1E0 OO0 m tina AZ 0f OCtf bar Whila that If The
FeierI G9yerrmsut VIZ, at the same dat, 81 955 97S :
7l6. L. will appear equally strange that, Wh'ls We are
enabled to keep only from l. 1000 600 to $25 900 900
In the Treasury, yet so ''dasb" ara the reb Is OF money
that in April last they bad sos 600. 900 in toe Trea-
sury, and in Oct bar sos $40 600; and still mora re-
msrkabls will it appear that their expenditures were
orly S272 COO 600 for the last six months, While ours
we're probably $3.50. 000. 600.
The whole matter, however, IS easily explained The
truth is that the rebel finances have sunk into such q
c%ouli.iou Of Generalization that they nave, properly
speaking, no regular disbursements. TIE Redmond
Government have substituted a ss en- OF improvement
for that Of Ordinary purchase. Then c0mmisssTiat is
Supplied by produce saE d by the army, in payment for
which certificates are given, payable at tho close OF the
var. These Q riihostes continue in circulation ss a sort
Of currency, helping the itAa'ion; buS rot bsiDg at
present payable are not rCogOizsd in tho Treasury re-
gjsteT, and are, therefore, not included In the payments
Of the public debt.
This being the case, The ordinary opsrations Of the
Treasury are, to q large S1ten', ~dispelsSd with, and the
real indebtedness Of tho Ooniedaracy is unknown. As
the p incipsi expenditures Of the rebels are met in this
way, it is qlte probable that the figures presented by
Mr.. Davis 90 not amount to more than one third the
actual debt his sgents have accumulated. II is the most
glazing dishonesty in the rebel President to have omit
ted all Il ention Of this chief item of the deb.
In lieu Of g candid statement Of the resi- condition
of the hasncgs, he prefaces the above deceptive fig
urea With a. assurance that the iaots dscloged in the
report of the Secretary Of tho Treasury ARE far from
discoursgirg, and demonstrate that, with judicious leg.
!slation, We shall be enabled to meet all the tI;g 'nci1s
of the war from cur abundant resources, and avoid, at
toe ssms time, such en- accumulation OF deb. ss would
render at sl doubtful cur ospao ty to redeem it." This
peljured public statement will probably furnish a text
FIR Londcn commentators presenting q comparison of
+ dsral snd rebel finances, dispsrsgtng to the credit of
U 4itod States securities, and illustrating the soundness
VI t1e Confederate loan"
CROSSING THE MISSISSIPPI