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The cotton Ports. anticipated, the Herald and other journals are in a delirium of ecstasy imagined acquisition of a first-rate port in their triumph at New Orleans seem to learn nothing from experience were sure of opening a great cotton port they possessed themselves of Port but the cotton disappeared as rapidly advanced. The planters, with pa devotion, applied the torch to it where it was in danger of falling into their The result at New Orleans will be the as at Port Royal, and in every other cot action which the vandals have invaded. will be burned, it will never fall into their hands, and whatever else they accomplish, they will never obtain those staples for the control of which they went to war. This, at least, is in the power of the South, and this they may depend upon as certainly as upon any future event. The prospect before them is gloomy in the extreme. The crop now on hand cannot be obtained; and another year there will be no crop, for the planters