, 1864-10-21

General Elcrtdan's fourth victory In the
Valley Of the Shenandoah, though pluc.Sed
from the very jaws Of defeat, is probably
mere decisive, as it is surely more brilliant,
than any former battle which that fortunate
commander has fought. Arriving on the
field. lste In the Gay, and after his forces had
been driven four miles, be restored conf
deuce as well az order to the shattered line,
and by g skillful use Of his cavalry enabled
the whole army to prepare for terrific On
Ett, which drove the enemy In confusion
from the field, leaving his artillery and
trains in our possession. The dispatches indi-
Gates that Longs:reet had brought up q
ht1sy reinforcement from Richmond when
he assumed command Of the remsins Of
Ear}y's army. 1t is evident that trenen.
dous effort Was made By the rebel Govern
meut to 1etr1eye their fortunes in the Valley.
It Las not OILY failed, bat It has resulted In
an overthrow from which they can hardly
hope to recover.
Bs promptuess In tranemsssion which
well Serves our readers, We are able to &C.
ccppany the earlicst official announcement
OF this etou!1y contested, varyin1, but finally
glorious battle, with thrilling and succin:t
account of tic days Operations. In this &C.
count, words excellebly we'll Get forth the
Thrilling and trcm' ndons seems Of that
cyentful field, on whose less to us grave re-
suits 10 our Virginia campa!sn must have
Hinged; Lost to the enemy, the blow re-
sounds against the gates Of Richmond. It Is
the finest single ecene in the var, Sheridan
daRbine. csp in b7nd, along lis exhausted
. and disheartened army front, kindling sol
dier.y devotion as be sped forward, until,
With orc eplerdid rceistless burst, onr boysi1
blue swept -ay the too early confident fol
like chnff from the threshing Aoor. Phil
Sheridan, We must be rummagi5g tor som!
more stars tor you.
Our Pbila5e1ptia special dispatch gives th'
returns from nearly twn thirds Of the Penn
sy1vaaia troops in the field. They are five tt
ore agaiost Little Mac. Copperhesds, pleas'
notc.~
The s ,uthcrn journals begin to be Ter.
BLATANT about arrning blacks. Gentlemen
this is white mans war. Moreover, thinl
Of tue perA Of trading In Qa>shce after b
has leatntd low to shoot. Slavery Is gath
ctipg the drapery Of Its last couch abont it.
TIE peAee Convention 1T Cincinnati tool
ore look2t the 81 Mncksre1 eliy,'' cav decide
E1rus Of shower In November, and hsv
gene ir out Of tie Wet They iseue An al
drlss ard a61ourp to December. They cor
cede that LII coin viii be elrc:ea, aud tnstea
drumming any candidate, tue whole body hi
run to get ont OF the way. 1t is the mo-
significant tizz1e Of the SEASON.
The rebel b2nditu that vent into the Gree
Mountain regions on rAtsiug tour {
Nednc.eday, are By this time coayiacea th
they made foolish venture. Why, ths
ralse horses in Vermont fa1lcua for spe:
and bottom the world ores, anc men to rit
and shoot, famous the world und=r, among IL
rebels the Green Mountain boys hare SCI
tlcrc. The uews of the St,.Aloaps robbe
awoke ho,nets' nest, and tue guilty parti
Ioye already been badly stung. OF tt
SEC, 900 taken from the tbrYe backe, I r
thirds have been recovered, the leader u:
uire Of his mfn ara already in custodcr, al
till soon be In our Lands On rcquisitio
und the indignant Cauadiaus, aided b. Il
~1athfu1 Te1monters, ere after The rest
the ecamp6 with fine-toothGt combs. II
Proyincials hive noted uo5]y in thi. matt:
ard the rebels will begin TO be diseusted wi
the outside world presently. The St. Alba
r11d is worth already, to the c1use OF lo5ait
ali it has cost-
The Situation In georgia lie reported &c
favorable. Sherman 1s larrasstDg In1 pu
ishipc Hocd, aid H the 1entl xnatn hod5 e
only halt there will be battle that will 81
til the campaign. Evidently Ho:d ts1:-
so aud don't stop.
4 Philadelphia dispatch rfports the I
t1ou Of tie majority CT the banks Of Il
city, in adoptibg the act for Sat;end Bs
oreapSzation. The 1tasly Simultaneous *
certed action Of the National banks at I
New Ytrk meeting, q referred to, ard
circumstance suggests new phase IN
banking question, and the relation Of
National banks to the Government. In
same dispatch the proportion fE mootins
the Government receiving grecnbacks
duties.
By the burrirg Of rotcd r,cine stat
MAR Boston, 8 very Eeavy loss wss expo
e. ccd in valuable urimAls OF reputation
the sporting world.
Gold yesterday fell off few CENTS, Il
closed at aoeH.
Mosby is getting daring, and yeetcrc
r,shed his raid,ng to within seven miles
Wellington. He Eay a.d himself mu
peucr presently, with d,minished taclllt
fur a1u1ninK.