The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1864-02-02


( tia bill was commenced in the House, il
having passed the Senate, and consumed the
remainder OF the day.
The Opening of IsG4-TOreisn Gpin-
ionss
We yesterday gave an article from the London
Times on The opening of 1864, and what bad been
accomplished by The North in 1868. We give to-
day some further foreign extracts. which show
what Is thought in England of the prospects for the
Conled,rscy for 1864
From the London Standard.l
TerrIorialiy, the South has no doubt lost some
thing but She has lost infinitely less than was
generally expected, ana moi a fourth of what some
peculiarly 3chacious partsans of the Federal cause
have lately set down Ia its credit. They say that
the ionedcracy now holds only oBe-half Of the
territory IL claims The answer is Simply that this
Is utterly untrue. In the ''caim," ct course, are
included Missouri and Kentucky, of which the
Confederate Government never held possession.
and of which The North will not keep posses sion
when once II is defeated in Its main object. OF
the eleven States represented at Richmond In Ju,V
lcs /, only one has been temporarily reduced uuder
fedtfal rule, rather occupied ny Federal armies.
since the outbreak of the the South has lost
tennessee and 4 fragment OF Arkansas, little
pnftion OF riverside territory in Louisiana, and
Isolated positions in Florida and the Caroinas.
The Feacrais occupy pests in Mississippi, but
that is all Northern Virginia Is simply devasta
Tea baittS ntt OF WHICH NORM cannot be said
10 have possession. For all practical purposes ten
of the eleven States still held by the CoEieder-
ates, excepting such portions of them as have been
actually occupied by the Federal troops under the
protection OF their gunboats. territory more
ihan three times as iafse As France remains sIi-
tTcly unSuhducd and AT their present rate of pro
grcss, which Is not likely be maintained. it
would take the North ten years 10 oyefrun it
| Even when overrun II would not be conquered;
| but we need not enter into any discussion of what
may ihppe" iii a case so far removed from practi-
! cal probability.
! # AT any moment that should occur which ha
more than once seemed OF the point of coming 10
pass; If the Confederates should gain Il decided
victory the West, while driving the army of the
Potomac ont of Virginia, The North would have
lost at blow everythins-exeept New Orleans
that II has gained in three years OF warfare, while,
rs we have seen. the south may sustain Il defeat
without losiHg anything of her essential strength
and power oi self defence. 1t is quite clear that
she viii maintain 1t until her indepebdence is re
coghized and il il for Europe TO consider whether
the ternination Gt War ich Is dis grace and ali
atfcton to mankind shalt be allowed to await the
slow recnv"Fg OF the North from its fever dream
Of conquest, booty, aad empire.
from the Liverpool Mercury 49,
The very latest news from the seat of war In
America, like most of the news OF tbe preceding
three months, il as nnaVorable rs il can be to Il
speedy termination OF the war, either by the com
pletc success OF the North or OF the South. The
Northern army of Gen. Grant after having gained
"A very C5lsl ierah!e victory at Chattanooga, and
after h;lVItT sustained TathEr Shdrp check
einggod, hss been reduced TO a state Of inactivity
by the want of supplies and means oi transport for
a Wintc, camplisn IL may hold its ground at
Chattanooga during the winter months IT It can
keep open its communicate lis with Nashville, and
it may advance into Georgia in The spring; cut it
wiilfave 10 fight its way from one strong pos ii0n
to another, and III every march ii viii be further
from The base of its operations and III more
hausicd country.
lis advance, should ii take place, will compel
fhP CpnedeTdtCs 10 burn the cotton gr0Wh in
former years, and will etlectuilly prevent the
pianting o cotton crop in the spring Of 1901 but
II will take months, If not years, conquer Geor-
ga and Alabama, and even if conquered tiicy will
be msre wiidernesscs. This is the prospect even at
the point where the Federal fortunes look blight
est, and even there any considerable success
gained by Gen. Longstieet would render i; imposr
sible for the Fcdeials to advance into Georgia I'm
south Carolina and Virginia the Fadefais are ut
terry poweress, and long as Charleston and
Richmond continue III the hands Of The Con9cder-
nies they must continue tn be After months of
coacealnent, we learn that the Federal fron-clads
wsre SO totally defeated in the attack on the Con
cdcraie batteries at Charleston, in April last,
render il Impossible for Them TO do anything after
ward and IN Virginia the Cunfede rate army is not
only able to bold Richmond against all the attacks
Of the Army of the Potomac, but even to keep that
army continually on the alert 10 defend lis oNn
position.
From the New York Correspondent OF the Lon
don Herald
One thing is clearly evident even at this early
stage Of the President game. No military man can
be elected ii lie il successful in obtaining the
nation. ] am inclined to think that Mr.. Lincoln
will be renominated by his party aud will be re-
elected, or, II he 10 not, he viii hold over in the
way pointed out by Mr. Seward in his autumn
speech. sti, many changes may take place he
fore November I, 1864, when the Presidential elec
ton takes place. II a dashiug Southern General
Of the StoneWall Jackson school could be found he
would be In Washington before May, and this
would seriously compicate The plans Of the parties
ami To be the next President
The joke of Old he making or recurring that
all the shareholders south should take an oath TO
become AboiitQniss after the most radical pattern,
has not yet been settled. II Will probably make
the millions III rebellion ten times more ferocious
than they now are. This and good military leader
would soon change the face o. things. So think
the great finaneers of Wall street. oI gold is up
10 laa, AND sterling exchange at i65-hfgfer than
has been reached for some time. Breadstufs are
all up too The solid men here and elsewhere are
all laughing al the bill ntrodu ced into the United
States Senate by Senator Lane, of Kansas. 1T
makes IL a criminal offence TO buy sell gold and
silver IL is not likely that slch hi will pass
both Houses of Congress and become a law. Yet
there Is no prophesying what will be done with
such Congress as the present one.
Four new states viii be admitted this session,
making thirty nine that viii vote al The next Pfesi
Dental ele zion. The new ones are Nevada, Colo
rado, New Mexico, and Utah. These will give
twelve electoral votes for Mr.. Lincoln. Under Mr..
Lincnin's new arrangement for recognizing new
States out OF Old ones, e will also get the votes of
South Carolina, Georgia, North Carolina, Virginia,
Alabama, Mississippi, Louisiana, Texas, Florida,
Arkansas, and TenHessee-about thirty nine slec
toral votes. IL will be a fraud, but, rs they say, II
tustifable one. We shall see. The admission of
these new states Will give large administrative
majority in both Houses for either the purposes nf
legislation or Tor eIectins President. There may
be a hitch in admitting Utah, owing TO her poig.
NY Institutions.