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dollars, a whole year of active war by land and sea, and have lost from the casualties of war many thousand soldiers in fighting this rebellion around a great circle. We have routed the rebel armies from Missouri and Kentucky, and Tennessee, and partly from Arkansas, Mississippi, Alabama, and Louisiana, we have removed for a thousand miles, down to the Gulf, the rebel obstructions from the Mississippi river; we have recovered New Orleans, Norfolk, Newbern, Fort Macon, Beaufort, N. C., Beaufort, S. C., and Port Royal, Fort Pulaski, and several seaboard places in Georgia, and several rebel strongholds in Florida, including Pensacola. We have driven the great rebel army of Virginia from its offensive position in sight of Washington back to the defence of Richmond; but there, in measuring our strength with that rebel army, we find it twice in numbers the army of Gen. McClellan, and apparently confident of its power to destroy him, and to turn the tide of invasion back upon Washington a