The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-05-20

70 the fullest extent the available organized
militia of the Central States should be Called
at once to the deiences Of Washington, in order
to releye'the veterans still on duty therein for
active service In the 'front.'
We expect in the course or the day good
news from General Grant Meantime the in
telligence from General Sherman is or the most
cheering character. At the rate at which be
is advancing he will soon be absolute master
Of the situation In Georgia, and in condi
ton to detail heavy column into South or
North Carolina, or up the Tennessee Railroad,
into tho rear Of Richmond, and upon the last
remaining depots Of supplies Of General Lee.
The Late Spurious Procaas staon-A
Rebel Device % swlndls John Bali.
II may be difacalt to unravel the mystery
which shelters tho guilty parties directly con-
oerned In uttering the late spurious proclams.
ton; but ~ to the character OF its contrivers,
and the objects aimed at. there can be no
mystery whatever. The formidable military
combinations Of General Grant, and the heavy
blows which he has already given the rebellion,
East and West, since the opening Of this cam
paign, promise the speedy subjugation Of JEFF
Davis, and ruinous decline ct once of the
slippery stock of. tho so-called "Confederate
cotton loan" In London. This aforesaid
proclamation was, therefore. designed to be
run into London ahead Of the authentic news
Of our late military operations, to give
monentary lift to said Confederate loan"
whereby tho initiated rebel Jeremy bidders
would I'll their pockets at the expense Of
credulous John BUN, and leave him to the
consoling reflection that "a fool and his money
are soon parted"
That there is an organized gang Of rebel
emissaries, spectators and Bohemians IN Lon
don, in Paris and in New York, all playing
into each others hands; we have had album
dant evidence furnished us In that deiectable
rebel correspondence found on board certain
blockade runners captured of Wilmington
N. c., last winter, and published in the HERALD
Of the 18th Of last January. For instance, in
letter from the facetious c. A. L. Lamar,
Familiarity known among his fellows as Charlie
Lamar, to his father, G. B. Lamar, at Savannah,
Ga, this promising chip of the old block, under
the date Of Paris, September Is, 1868, says:-'I
am engaged in number Of speculations-
ton, Confederate loan and powder. I
have made some $4,000 on cotton; am Or
ranging to purchase 100000 Of gold in New
York-Governor Foote, Bowers and SELF
Guion is to borrow the greenbacks In New
York, buy the gold and ship it to England; we
then draw sterling, which is sold in New York
for greenbacks, pay up what we owe, and the
balance will be profit. II will 60, think,
to 200. Such specdations help US, and our
government, too (Jef. Davis); and II helps to
bredk their currency"
The disclosures OF this correspondence re-
suited in the capture Of some OF "Charlie's"
specializing confederates in this city; but we
have no doubt that their places have since been
amply supplied by others. We apprehend, too,
that there Is now, and has been for some time
past, an industrious clique Of copperhesds CO.
operating with Charlie" and his rebel brethren
here nd ae rc.: :Gss Ee:cs IN this business Of
keeping themselves and JEFF. Davis in their ap-
pointed work Of breaking down the national
currency. The copperhead jo6rnals Of this
city, whether they share In the profits or not,
are certainly doing all be could desire 10 for
ward the diabolical speculative schemes Of
this sprig Of Southern chivalry, Lamar.
We dare say that no revolutionary troubles
Of any nation, Of any age, on the face Of this
globe, has ever turned loose upon The world .
more numerous horde Of reckless vasabonds
and loafers than this Southern rebellion. The
captured rebel correspondence alluded to
shows that in England, Paris and New York
their name 10 legion, and that, bsggarly
Migrants a. they ere, they talk Of
their D contracts for steamers, iron-clads
and gold operations, borrowing all the time, a
gllbly - II they owned the Bank of Esgland-
John Bull, too, the victim Of credulity that
is perfectly incomprehsnsible, IL Heeced and
swindled by these sbarpers to any extent. His
numerous bankruptcies, resulting from his silly
ventures with these rebel confidence operators,
have shaken his faith little; bat II will not
surprise us II, In due time, we hear that there
have been found stockholders in London who
have taken the bait Of this aforesaid proclama-
ton, in spite Of the conclusive accompanying
evidence that II Ia swindling forgery.
It comes, no doubt, from the same mint ~
the spurious papef lately issued to the world
as the official report Of the rebel Secretary Of
the Navy, and the late correspondence purport-
ing to be between Earl Russell, Lord Lyons
and JEFF Davis. We may congratulate the
country, at all events, that at last we have had
an experiment which knocks the whole system Of
these villanous rebel fabrcations In the head.
PICKrooKETs IN WALL SrREEr--Pcopls who
visit Wall street are apt to imagine thst the
only dangers to be encountered there are from
the bulls and bears. This is mistake, as they
will learn to their cost Wall street ID full Of
pickpockets, both Of the manipulativs and