The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-04-11

OF New York. and costing neHry Two tnousand collars
occas pleasant military gahefi Ing yester day. The
prese atation sposah made by Colonel Frank Howe
Of New York, temporarily acting as vouaesr ard on
Byrrs commanding the regiment. Major General Banks,
Brgader Generals stone, Arnod and Dwight, ana other
ONO % were present. After the presentation ceremonies
minlstered by tnc surgeon, DF. Rockwell.
The following 10 the presentation speech:-
COL Howa's sPEECH
Nj. CoNxANoKR-These standards that have the
honor TO transfer 70 the commanding officer OF the
the wealth and the enduring patriotism Of me Empire
6taie bears upon We broad folds the emblem Of
nat'or aty-the type Of that liberty for which many Of
Vie Rave men Of your command have fought In Othof
lands aud which they defend here and which We be-
lev to be the iuaenable right Of all men, Of whatever
color, CLINE condition. IN entrusting them 70 your
keeping they rely upon your cnsancy courage and
capacy TO defend tb and tho glorious cause they
represent whenever and wherever Is assaied or this
yc have given tho nobIet and tho most enduring proof
for you have already vndcaed tho confidence OF your
friends N tho Held You do not receive your colors, "a
many other regiments have done, upon your departure
from home, surrounded by friends; but In the encmy's
country after toisome arches Tho martial bearing Of
the standard OF liberty entrusted 70 your keeping will
never DO dshonorod. nay u lead you 70 victory and
strengthen yen In the hour Of trial for duty
To these rcmarks Colonel Byrns replied ~ folows:-
In receiving this magnificent stand Of coors. the gift Of
Of New York's most patriotic citizens. feet myself
Inadequate to respond In language expressive Of the graft
cation which foel And know that whom Tie timo
provo valor that ths Corning light
cavalry, Eighteenth regiment New York volun csrs, will
show TO State and country that the trust that they
have ropcsed In u was not misplaced; and when our
term Of service expires which will not DO until this war
10 over, that the Eighteenth cavalry will bear back 70
their native State the gift ~hch they receive bear
Ing such ar as will prove that tho volunteers Of Tie
State New York In the Army Of tho Gulf are not ine
ror TO their brothers OF Ade Beverly Ford, or Middle
burg.
Though their gold may be tarnIshed and their silk bear
OF the smoke Of thu battle and the blood Of the slain
Yet shall they live mementoes Of the battles they've
won,
And erblems OF the deeds heroes have DONE
The following are the recent promotions In the Eio
To- n,h New York cavalry
Ad lant John Drought TO be Captain company O.
CO. nelius Van Gulder, Of New York, 10 bs Adutant,
vice Drought. promoted.
nr. Deb. Randolph Keim's Despatch.
CAIRO, H., April I, 1854.
ARRIVAL COTTON RIVER.
TIE New National, Admiral Porter's despatch boat,
with two ba-ses in tow. laden with sixteen hund Cd
bales of captured cotton arrived here this morning d.
rect from the fact in Red river having left the
raft, short dsGance above Alexandria La. She brings
later than havs already hoard through other
experienced much delay from the barges.
She, however oports progress 10 matters the Red
river. Tao navy is constantly active the water,
whl'c General Smith land Is giving tho enc.
my no rest. Il was expected that the feot
IN tie river should take place. BY tho steamer
receive another to the effect that General Steele
rom Little Rock nad captured Shreveport and that the
pnony making his way TO Texas. II Is time for us
70 hear from General steeles expedition.
COTTON SPECULATION.
On White river every. thing quiet Cotton spectators
den fortunes picked In their operations either
~ the Has the government authorities Is said
he am)unt OF cotton the Red river is and
VIII shortly throw large quantity Of the staple into the
markets.