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It is not long since the New York Times published an article setting forth that the capture of Richmond, then confidently anticipated by the Northern public, would have no effect in "crushing the rebellion," unless it was also accompanied by the capture of General Lee's army. Grant, it was alleged, saw this with great distinctness, and hence had spread his nets in such a way that the army, which is the real capital of the rebellion, should not escape. It need not be said that even Richmond has not succumbed to Grant, much less the army, which not only bids him defiance, but is numerically as strong as when Grant first crossed the Rapidan. It is the truth enunciated by the Times; i. e., that the fall of this Confederate stronghold or that does not affect the vital energies of our defence so long as the great armies of the Confederacy remain intact. It is this that should engage the serious reflection of the people of the United States. They are just now in a state of absurd