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fter all, they may be made only with the object of deluding us with regard to their real strength. The Southern people manifest satisfaction at the present condition of affairs, and appear to be in no alarm about the future — so say those who have lately been with them. They are aware of the disadvantages they fight against, yet the events of the war have inspired them with confidence in Jeff. Davis and their Generals, and they believe they will succeed. An Opinion of Burnside — M'Clellan's last wine party. A letter from the Federal camps gives some further items about the last movements of the young Napoleon which are worth reading. Of Burnside, his successor, he said: "He will do better than nine out of ten may suppose. He has sound sense and integrity of purpose, and where these qualities are combined success is certain." The letter says: McClellan staid with Burnside that evening, unfolding to him all his plans of the campaign. He has been giving all the i