The weekly union record., 1865-02-04
News of the Week.


embark in any commercial Transactions For
the moment business men are utterly az loss
in deciding which way 10 move. Stocks are
sluggish. Gold drops to two hundred. The
rumors relative to peace negotiations have
completely unsettled the markets for California
products. California freighis continue dali
The Herald publishes rebel army roster,
which, it says, was obtained from & most au-
thentic source. This shows the full strength
Of the rebels 10 be only los, ,l50 men of all arms
Their forces are scattered from the James TO
the Red river, from the Atlantic coast 10 the
Indian Territories. Ii is shown very couclu-
sively that the only army upon which the
rebels cau depend is the Army of Northern
Virginia. This Is the only organization which
the enemy has deserving the name and the
only army which We Dow have 10 overcome.
The Worlds special Washington dispatch,
dated jan 3ls, says: notwithstanding the
assertions of the Richmond papers to the con
trary, General Singleton did not leave that
city until Saturday last, and arrived here to
day. This evening, be was in consultation
with the President He mainly confirms Blair's
story that the rebel leaders are not at present
prepared 10 negotiate on the basis of Submission
to the Union"
The Worlds special dispatch mentions the
beginning Of a new campaign by Sherman,
which will be brief but grand The attainment
of the ultimate object of their attention wi
create for his army more prestige and glory
than the capture Of huudred ordinary cities
Every available soldier in Sherman's army has
left Savannah, Beaufort and Port ROval. The
destination is still mystery TO the enemy, who
continue to guess. No matter where they may
now be treading, eventually they will be seen
in the vicinity of Charleston. Sherman has
not given his programme to print, and his
troops evince no curiosity in the matter. De
serters from Hardee's army report that the
enemy depend almost solely on the resistance
made beyond the city TO save it from capture
The recent rebel ram movement on the James
was, according to a correspondent, deeper il
design than was supposed. The rams were to
move down the river just as they did and de-
stroy our pontoons. Signal rockets were to be
sent up, by which means intelligence was to be
conveyed to Lee that the pontoon part of the
business had been accomplished After de-
stroying the pontoons, the rams were to prevent
reinforccmens from being sent from the south
to the north side. simultaneously with the
above was to commence dashing attack on
Ord's lines on the north side Of the James, Lee
having massed heavy force in front of them
for this purpose, designing to attempt, by over
whelming numbers and a sudden attack, to
destroy that part OF Grants army.
The Navy Department is reported to have
received confirmation of the report that teie
graph wire was discovered after the explosion
at Fort Fisher, eadiug across Cape Fear river
and about two miles into the rebel lines There
is but little doubt that the magazine was pur
posely exploded by the rebels
The latest telegram on the Peace" question
is as follows All peace negotiations with
Richmond are now very thoroughly exploded,
though negotiations are expected 10 other
quarters-to begin perhaps, by proclamation
of he Governors of Georgia and North Caro-
Inv. 1t is stated that it was part of the object
Of Stantons visit 10 Savannah 10 advise Sher-
man that, if the rebels should propose terms of
peace, he should hold himself in readiness in
behalf of his Government to accept.
The rebel Congressman, Henry S. Foote,
has arrived within the lines of Sheridan's army
at Winchester. He is evidently fleeing from
the wrath to come" but in a singular direction
for "cbiv." His last Foote prints on the
sands of Time should be 10 Gwndom.
John r. Mcbride Member of Congress from
Oregon, has been appointed Chief Justice Of
Idaho Territory.
Lieutenant McDougall, of the Sarauac, son
of the Commandant at Mare Island, has been
commissioned as commander Of the Camanche
1t is stated that the rebels have removed
large nDmoer OF ODloo PRISONERS from georgia
to Salisbury, North Carolina, to prevent their
capture by Sherman. The rebels are said 10
be more inhuman than formerly in their treat
ment of our men. Starvation is 90 the increase
and the deaths amount to fifty daily.
Breckenridge has been appointed to succeed
Seldom as rebel Secretary Of War
The latest foreign news contains the following
English items Schofeld and Bright had been
their constituents at Birmingham
The former expressed regret at the intention Of
the Americans to terminate the Reciprocity
Treaty and place guuboats on the Lakes. With
regard to non-interyentiou, he said he was not
prepared TO join in policy which would over
look the injuries one nation might inhict upon
another. Baxter, NJ F., had been delivering
addresses in Scotland on the American question.
He euogized Lincoln, was emphatically in
favor of the North, aud had perfect confidence