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State of affairs in New York — an Inside view — condition of the Northern troops.

The following extract from a New York letter, received at this office, gives a view of affairs somewhat different from the representations of Northern newspapers:

‘ The Stock Exchange brokers of New York it is said, are nearly all Abolitionists, and some resort to all kinds of tricks to bolster up Lincoln's insane civil war. One of these devices is, that whenever John Brown Chase wants a new loan, they make fictitious sales, one with another, of United States bonds, at advanced prices, which never change hands. This is done to bring bidders for the new loan at high rates. The money spent on account of the war is recklessly wasted; everything is conducted in a loose and extravagant manner, and sticks in fat lumps to the palms of Black Republican jobbers, spoilsmen, camp followers and contractors, of course all for the sake of the Stars and Stripes. The terrorism proclaimed by Abolition mobs has subsided somewhat, both here and in New York. Commonsense people begin to reflect upon things, and look at what is going on in its true light, now and for the future.

Nearly one half of the so-called troops in this city — and I have no doubt the same applies to the grandiloquent array of numbers at the North generally — are ‘" men in Buckram."’ About 31,000 are put down as ready for service in this city or vicinity, when, if the truth could be fairly stated, it does not amount to more than half that number. The truth is, that they are short of arms, and cannot supply those already called out. Nearly all the regiments concentrated here and at Staten Island are drilling without arms. And such recruits! They are picked up at random, from the lowest dregs of society, composed of ‘"Dead Rabbits,"’ loafers and rowdies. That New York has sent some noble regiments, (and more the pity,) composed of brave and worthy men, who have been well drilled as volunteer regiments, including the 7th, 8th, 69th and 71st, cannot be denied. But neither these corps, nor any dispassionate citizen, who have seen the motley bodies of raw recruits following drums and fifes through the streets, will deny this assertion. Arms are short, and this fact is militating strongly against the movements of troops against the South. The men of the South and Southwest have always been in possession and use of fire-arms. This is not so at the North, and especially in Northern cities, where few or none possess fire-arms, such as rifles, &c., outside of volunteer companies. The whole militia force of Ohio does not exceed 200,000 men; to call out 100,000, would take every other man in the State, which is simply an impossibility. The whole military force of New York city and State is about 300,000; to call out 100,000 would take, one man in every three, which is also impossible — because, in either case farms and business pursuits would have to be abandoned, which would result in a famine.

It is stated that Lincoln intends speedily to send two agents to Europe to purchase steamers-of-war and arms. The South ought to pursue a similar course.

Seward will not allow his instructions to Adams, his Minister to England, to be published. The reason is that Adams is a rank Abolitionist, and it is said Seward's instructions are mainly based upon the Exeter Hall platform. In other words, he tells him to say that the North is able to put down the South, and that it is against an attempt to establish permanently a slave empire that the North is fighting, and that in putting down slavery at the South he appeals to the philanthropy and humanity of England for sympathy and sustenance. Whenever his instructions see the light, it will be found that Abolition sectionalism forms the staple to all the European Governments. Anson.

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