, 1865-03-31
Eastern News.
News of March goth,

Davis to the rebel Congress, was printed in the
Dispatch He admits Richmond to be more in dan
than ever before, and orders the seizure of all
the coin in the Confederacy, the suspension OF
the ha6eas corpus, and sweeping impressment
law. He says the negro arming has come too
late, as the negroes are beyond reach, and rep
remands the rebel Congress for neglecting to
comply with his recommendations. The whole
tone of his message is lugubrious and despair
ing. All the journals of the North regard it as a
remarkable admission of weakness, and prepa-
ton for aVertng charges that Davis is responsi-
BILE for the failure of the Confederacy.
Lynchburg papers of Monday, received yes
terday, bring in some details of the raid through
the upper country which in view of the fact
that Sheridan has communicated with Grant
from Columbia, we conceive to be puerile to
withhold, and therefore lay them before our
readers
The Yirginian says: A Yankee division sent
in that direction, followed the Orange and Alex
andria Railroad as far as Buffalo, burning the
railroad bridge at that point, their army being
between Charlottesville and Buffalo A distance
of A miles has been destroyed and much of the
track torn up. The extent of the damage is not
ascertained. The nearest approach they made
to Lynchburg was New Glasgow miles dis
tant, where a small party burned the railroad
depot On Wednesday a small party estimated
at from two to three thousand appeared at Bear
Creek, supposed to be the main force on the
south side of James river. The fine bridge over
this river was burned on their approach The
enemy cOntented themselves with loud curses
upon our reserves, who were stationed on the
other side of the river. They burned a boat of
the James River Company at Bear Creek. They
had captured four of our scouts who were left in
their hands, and equal number of their troops
being cut off by the burning of Tar river bridge
are themselves prisoners and were brought to
Tho IL IL.
could find along the James river, destroying all
the tobacco and plundering all the houses, car
ried away all the horses and negroes they could
lay their hands on. They shot 400 of their bro
ken down horses on the plantation of W. R.
Campbell, below New Market, and took all the
hsrses belonging to that gentleman they could
find. 1t Is said that 300 Yankees crossed the
river opposite Columbia on Friday but returned
to the North side.
The Republican of to-day says: The raiders
commenced at Bear Greek their work of des-
truction to the canal, which is reported very
badly damaged for about % miles below here,
to Columbia, and possibly further down toward
Richmond. Every lock on the canal is said to
have been damaged. In several places the banks
have been blown away, and the aqueduets at
Columbia are badly damaged.
The destruction of private poperty along the
route of the raiders is reported to be immense
People are stripped of horses and negroes, and
many were left without morsel of food.
The Danyille Register of Wednesday says: Our
forces are probably withdrawn from Kingston
and may be preparing to evacuate GoldsbOro.
The Raleigh Standard of the same date says
Fayetteville was occupied several days by the
enemy in force. 1t is reported that the cotton
factories were burned. Kingston is now in pos
session of the enemy, and GOldsbOro is severely
threatened by them. Our forces have contested
the ground at various points with accustomed
courage and endurance. We believe the forces
of the enemy will be met at some point south Of
Raleigh. The Danyille Register of WedneS-
day remarks that the recent movements of Sher-
man and Sheridan have greatly decreased the
number of papers published in the country. In
Virginia we have daily papers issued from four
points-Rlchmond, Lynchburg, Danyille, and
Petersburg.
City Point, March 18.-Riehmond paners Of
tire 9Th state that the Confederate Congress ad-
journed sine die at o'clock that day.
New York March 19.-lnformation from the
Army of the Potomac show that our troops are
in the best possible condition and ready tomoye
at any time occasion may require Rumors
prevail in camp that the rebels contemplate the
evacuation of Petersburg on Thursday and Fri
day The enemy along the center of the line
were very busy in throwing troops from point to
point. At one time massing at one place and in
a short time thereafter at another. Thus neces-
stating strict watch on our conter lines.
Another account says; All day Wednesday
and Thursday the rebels were in active motion
in front of the Ninth Corps within their lines.
Large bodies of troops could be seen from our
signal stations moving to and fro. They kept
up an occasional bold front, at times completely
swarming on Cemetry Hill, and frequently open
ing on our troops with cannon, which was
promtly replied to.
1t was believed that they were endeavoring to
hide the evacuation of Petersburg, from which
all people had been ordered to leave for the pur-
pose of falling back to their new line of works
on the north side of Appomatax river, with their
right resting on the Lynchburg Railroad.
Washington, March 19.-The popular appre-
citation and rapid absorption of the 7-30 Loan,
under the MANAGEMENT of Jay Cooke, General
Agent has determined Secretary Mccullough to
make no change in the character of the loan to
be placed in the market after the present one
shall be disposed of. The arrangements hereto
fore existing between the Department and the
Subscription Agent will be continued, and a
new series of 7-l0's will date from June 18th
next and will consist of issue of 300 900, 900,
payable in three years after date, and converti-
BILE at maturity into 5-20s at the option of hold
ers, excepting in the dates ofissue and maturity.
The new series will in all respects be the same
as the current series, which at the present rate
of subscription will be taken up during the COM
ing week In addition to the arrangements
which have been made by the subscription agent
with Wells, Fargo Co., for placing the loans
through their Offices in Oregon, Nevada and Col
orado, special agents are being dispatched to
the Pacific Coast and to the South-Atlantic and
Gulfcities, including Beaufort, Newbern, Charles
ton Savannah and New Orleans
New York, March 19.--During the last three
days, there has been great excitement in com
mercial circles and panic in gold, caused by
the favorable military news, and by the recep-
ton in Europe of the announcement of the cap
ture of Charleston and Columbia.
The sale of 7-2Os in Germany have been very
great and turned the exchange in favor ofAmer-
lea. The steamship africa brought $4,000 in
specie The steamers following her were expect
ed to bring large amounts. Many parties who
have been speculating for rise, are ruined and
with them several dealers in produce. Several
drygoods houses have reduced their prices twen-
ty per cent Others offer and demand payment
in coin or its equivalent especially in cotton
fabrics.
New York; March 2O-The Tribunes Army OF
the Potomac correspondent says: Evrything goes
to show that we will have a short but severe
campaign. In few days series of contests
will have been begun between the great armies
which will cause profound excitementa all through
the North.
New York, March l9.-Letters from Dauphin
Island state our flag of truce boat Nassau which
went within p miles of Mobile to exchange pris-
. Nl,or