Evening star., 1865-03-01

borne the hardships Of the struggle uring four
weary years are determined 70 struggle on to
the enc, while they who have never struggled
at all are anxious to prever. others from strug-
Cling.
And yet it is not strange either. Faith with
out works is dead. He who has worked most
for the cause ought to have, and, in fact, has
the most faith In its success; while he who has
not worked at all, very naturally, has no faitn
at al. Hence the obvious inference that II we
Woaid revive our faith, we must renew and
increase our works. Especially Is work need
ed In Congress. Four months Of twaddle is
enough In all conscience. The time has arrived
,snn ,or ac1RSnmpromPt, Rdp vigorous and united ac-
tion- Robert L. Lee has wrought maufully.
and maintains the faith heroicaiIy. HIS hand
should be strengthened. As MANY neoroes an
he desires should at once be placed at his dis
posal. Negro blood Is net more precious than
the blood OF our sons and brothers.
The enemy is in mortal fear lest we should
arm the negroes, and presses his campaign
through the winter months in hopes Of over
coming Us before the negro troops can be ready
for the field. lie the Confederate Senate play
ing into the enemy's hands, 1t really seems
so. And yet we ought to beware of an ILL.,
timed assault upon the Gulf States. II comes
with bad grace from the papers Of the State OF
Virginia, both Of whose Senators are as ac-
lively hostile TO the use of the negro as are any
OF the Senators from the cotton States. We
want harmony, bold and concerted action; not
renewal OF the stale quarrel between the cot
aon ana border States Such quarrel, at such
time, IT not quickly husbed, will necessarily
prove fatal to the cause The enemy will re-
gard it as the suTest OF all signs OF our failure
Let MS look up, There is hope in North Oar
DINA. The people of that uch maligned State
Will, az we firmly believe, show a front to the
Zoe which will bring a blush TO the cheeks OF
the Georgians and South Carolinians. Holden
Is North Carolinian, hut North Carolina has
sent more soldiers to Lees army than any 9TH
er State except Virginia Some OF the best
troops, and certainly one of the best bripades
now in that army (Cooke's) is composed of
North CaTolinians The people of the Old
North state are brave and tenacious people.
They will teach Sherman wholesome lesson
The clans are mastering, the forces are gather
ing together. "God," said an intrepid and de-
vout clergy man of this city, s'has hook in
Sherman's nose, and is leading him to destruc-
tion." We trust and believe so. Where he
least expects popular opposition, there will
his fate be sealed
FINANCIAL.-From yesterdays New York
Commercial:
Gold is decidedly stronger The firmness Of
the market under recent successes has encour-
aged movement for a ''rise," and there is a:
present strong ''bull" combination for an ad-
vance The price has ruled, during the morn
ing, about 2U3.
The ease in the money market continues,
per cent. being the prevailing rate for call
loans: occasional temporary loans are made at
per cent There is almost no demand for
money on commercial paper. Very few first
class bills are offered, and the rates are gener-
ally sac per cent.
The dizziness of exchange continues. Com
mercal bills are accommodating heavily, and
the rates tend strongly downward Good
merchants paper is sold at 1904, though the
quotations range high as I071 Banker
rates for TO. morrow's steamer are nominallv
unchanged, though lower figures are accented
The best TO days sterling can be bought at las,
though los is asked, and good bankers bills
have been sold this morning at 107$.
The stock market has regained confidence
sufficiently to sustain q moderate speculative
movement. The fancy list continues excited;
and the stock that have been regarded as the
least liable on the list are just now the favor
ties
Governments are steady and less active, the
Seven. .thirties at present supplying the outside
demand to the partial detriment of the older
stock. Skies of 1881 were lower; Ftve-twen-
ties declined to the same extent.
Bank stocks continue active, and generally
show considerable fiji mness.
The railroad list was more active, and prices
were generally better than yesterday afternoon
THE COTTON MARKKT-From the New
York Commercial Advertiser: Considerable
importance is at present attached to the pros-
pect of our armies securing cotton now within
the rebel lines. The release of any considera-
biz amount would necessarily affect very di-
rectly the value Of foreign exchange, the sup
ply OF gold and the value Of cotton fabrics In
the dry goods trade the question Is especially
one OF great interest. The large reduction In
the prices OF certain leading fabrics, made g.
few days since, was predicated upon the opin-
ion that we are on the eve Of receiving large
additional supply of Southern cotton. Several
hrms, largely interested in the cotton trade
have their special agencies for ascertaining, as
precisely as possible the prospect; and there
appears to be a prevailing disposition TO concur
in this view. 1t is argued that the rebels have
invested their means as much as possible in
cotton, as the only stable property: ana thar.
to prevent Its destruction by the rebel Forces
they have distributed 1t in small lots all over
the interior, to be collected and brought to
market so soon as the ports may be opened and
trade permitted. We are disposed TO thIuk
there is considerable force in this view; and
especially as it has received confirmation from
snSs Eeqs & of m u ah cYho have arrived here
gentleman who accompanied Sherman on
his march through Georgia informs rs thaE
tue people had boarded cotton with as much
care and secrecy as gold itself, and expresses
an opinion that the aggregate thus thrust away
into hoards, in that STATE, is enormous The
extent to which tins secreted cotton will come
into the ports, must depend, TO a large extent
upon the policy adopted by the Government
II the whole is to be seized by the Government
Off GERS, the marks Of Identification destroyed,
and the cotton sold on Government account,
then the holders have every inducement to
either burn their cotton or more completely
seCrete 1t. We are not aware what is the real
intention OF Government with respect 20 the
cotton taken at Savannah bat Judging from
the way in which the business has been con-
Quoted. it would appear 10 have chosen a pol
Icy OF fndiscriminate confiscaiion. This at
least, is the construction that will be put upon
the business within the rebel lines. 1t Is much
to be hoped that the Government will earlv
adopt a liberal policy on this question, and
make 1t known In such a way that the prl yata
bolders within the rebel lines will regard il to
their interest to hold their cotton until thew
have access TO the ports.
III Burnss two sons, Nicoi and James are
colonels in East India-7l and 73 years OF age
IL The Maine Legislature has voted To
present sword to Major General Oliver O
Howard of that State.