The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-03-20

cannot trace to any authentic tho rumor that
the Rothschilds, at the instance Of Belmont going
make large Investments In United States bonds That
these bonds will some here largely the rebellion
is tumbing in, there cannot be any doubt learn from
an authentic source that there is held investment in
this country lttl5 eighteen hundred millions ser
Ing say $1,000 O0O and or this shout $500 600 900
VOW win that the telegraph wires now extend clear
70 INDIA, uniting LONDON oonstantinopie, Kurrachee,
and then the Atlantic cable viii Join the wires Of Cali
fcrna and Australia AMI give the seports of all the
kets OF tie world every morning in the NKw York He
The Union Rcvosution sn, England.
ADANDoNNEkT OF THE REBEL CAUSE AID NO Eff
FICIENT HELP FOR DAVIS.
From the London Times, March a.
At the Of the fourth sear OF the tbs federals
many labors and encourage them to pursue with
newed vigos the conquest Of the South. Charleston tho
metropolis Of the confederacy has at last succumbed
the federal arms and Is in the possession OF Northern
even at the south The tone Of he Richmond journals
indicated that some such catastrophe at hand
There was an cxhortation to resistance which
seemed to be Inspired rather By arp-hen than conf
deace. The South thought, pe'haps, that Charles
ton might DO saved by rising Of the people
this judgment incorrect and the chief city Of the
rebellion has fallen easily New Orleans
orangeburg and the confedorate forces fell back in tho
direction Of Columbia, the capital Of the State The
eeaa % sha very snSf e na
sive town. Or the actual Of Charleston which
followed wc have but measre details. appears that
the surrender had been expected by the Ccnfsderaes
and that the opusent Inhabitants Of the place had
taken away their families and their goods and left tho
city ready for burning On the night OF the 18th OF
February the place was abandoned and tho federals
entered without resstance two hundred pieces Of axt
crossed from Jamesisan boats and took possession
OF the city without finding any opponents but Tho upper
part Of the city had been rOd and nearly six thousand
Tho influence Of ths vtttry can hardly u exaggerated
Although the federas may not gain many military ad
effective that they possess the than when they
controlled thoentTancc 70 the harbor yet The soral eG
f. 81 H. Nj only V during sSs four
years OF tho war; but during the long political struggle
=, tho North %, Sss con
separatist opinions II Is against Charleston that the
most fervent apostles Of abolition have nveghed that tho
harangusd. At last tbs fortune * war has placed
tho hated city IN their power This third rate
in England or America-has been identified with
the opinions Of poeeM Political class tie old time
reciom II Is natural suppose that when tho news
reached tho Northern cos that Charleston had surren
victory had been granted TO their arms Tho
breaking of tho blockade at end regards the
obtained by gaining the command Of the harbor is
made douby sure by the capture OF the city itself After
having captured New Orleans Savannah and Wilmington
tho federals could not have gained moro acceptable
prize than the city Of Charleston the taking OF which
seals their supremacy at and mprsons the Confedc
rates within their territory carry tho war from
tho resources which nature has given them.
II Is not 80 much however tho actual loss TO the Con-
federaes BY the capture OF Charleston which is OF I'm
tion Of the Southeaaern States ngr able % oppose
the marsh Of the Jedral ormie. The advance from
Savannah to Charleston have been easy the
march from Atlanta TO Savannah. The federais have
several armies in the field. large numbers rceu
dis iped, accut0med 10 tc0r well supplied with all the
necessares OF campaign and 10 oppose these the Con-
fcderaes have only the obstinate courage OF thor popu
aon who seem resolved TO bear every extremity rather
than return to their allegiance To the old republic How,
then, shall they continue the struggef That they
determined 10 continue 1t can hardly be doubted Tho
meeting the other day betwecnsPresident Lincoln and
Mr. Seward on the side and some Confederate
delegates on the other has had other result
than to make the people Of the Southern States more
plan OF defonoef We told that the Confederates
ready TO abandon the scacoas towns and trust their deg
the decnces OF the interior Undoubtedly this
Ia their best and indeed their only policy But
whether they will be sbo to arrest tho progress OF tho
Northern armies by these meaus 4 cry dotb fd Tho
fcdeals by improving their means Of transport by gain
ing knowledge OF the country, and by being able to
tho Confederaes, have now the pogr Of penetrating
every part OF the Southern States That they will go
anywhere, and during their march really lid the copr1
IN sueco, must expect during tho remainder Of the
that this occupation, ike that Of tho British
during tho Revolutionary war, will lead 10 nothing
They think that the extent Of their country Ia too
great for II TO DO conquered and held This confidence
has been strkingy manifested at Richmond and other
places In tho coniederacy In the meetings which have
taken place In consequence OK tho aborve negotiations
between the two parties AT time whom It might seem
that the courage or the South failing and that Ito
successive had disposed IL to listen 10 fair terms
from its adversary, there has been outbreak Of
the feeling and President Davis, whose assent TO
tho negotiation OF tho other day obtained through
the influence OF halfdscontented persons in the
President gained now torn OF popularity and power
IL would be useless TO speculate on the ability
Of the Southern people 70 maintain the s,rus-
lastly carried on. They hard pressed
but they show yet sgn Of waverng and We must
expect campaigns Ia the interior before tho decisive
battle OF this Is But the contest will now be
waged under different conditions Although tho help
given by European nations in spite Of blockade may
have been exagge rated, yf ne eetion 9 supplies from
the outer world W,ch must be the Consequence Of the opva-
tons al Caarson and Wilmington to hdvc an sGec On
10 Ne podcei btuecn pc pie poerng the uncontrolled
mond " The sea, and antsr, ,chich though debarrd ua
SeIp' yot retains a considerable Territory, AVID will
doubtless continue to show in defending II the obst
macy which has been Witnessed during the last -four
years
SHERMAN FIRST RANK GENERAL.
From the London Post government organ) March
Charleston las fallen These three words cptomse the
substance or intelligence which reached yesterday
by tho American mall aud they are so eloqucn, IN hcm
selves as 10 render comment almost superhuous The
capital ~ South Carolina, the most important next tc
New Orleans OF tho Southern scapors, The scene ~ IN
Grit outbreak u ne War u fsd,pendsne., tho cts
which has for nearly four years set Mt defiance the
| whole power Of tho Northern navy, has at length
hcen surrendered and Is nov occupied by garrison
OF federal troops II has not fallen before success
nl assault, rs harbor has not been penetrated
despite the Ere Of It's forts, by fleet u iron cisds
/ II has simply been evacuated ~ strategica
necessity Contrary To all expectation, the blow which
sealed IT. fate struck not beneath It's walls but At
pVnt far distant aud changed masters not because tn
defensive works by which II was protected proved met
fsctus for the purpose for which they ned bu
because the entire region IN which stood became isolate
by the conquesis u the eucuiy Whether whom Sherma
len Atlanta last November he sufficiently sanguiu
to expect that in three months time, he would secui
possession 81 Savannah and Charleston and place at
mercy the greater portions of Georgia and South Car
lima, without fighting ono pitched battle cannot say
but Il is impossible 70 deny that his be,
characterized ~ orss,gH aud deoraie caicta ION Of
sh Which pts h,r ~ the foremes rank n hs eener1b
~ present ddy His Georgian campaign has becn alread
canyassed and tho success Sllh when " carried
IT, conclusion furnishes 40 most fitting comment en- !
mcits. Having takor Savannah, lie dd not permit p
army 20 slnk iuN .snohe reposc contcntcd Win y
lauros u had al.oady gained. wa ne We ~ a Shly