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Burning of the Glen Cove.

--The alarm of fire about half-past 11 o'clock on Saturday night, was found to be caused by a bright light in the direction of Rocketts, which, we regret to say, was produced by the burning of the favorite little river steamer Glen Cove. By the time the alarm had become general, and the fire apparatus had made its appearance, the destructive element had gotten such headway that it was found impossible to stay the ravages of the flames, and all the upper wood work of the boat was burned down to the water's edge, when the hull sunk into the river. The fire was, no doubt, the work of design. The boat had been lately only used occasionally for the transportation of men and army stores, and in that capacity was doing an immense amount of service to the Confederate States. The Same spread so rapidly that several persons who were sleeping on the boat made very narrow escapes from drowning; one gentleman escaped in nearly a nude state. During the excitement a negro man fell from the wharf into the river and was drowned. His body was not recovered. The boat had arrived from down the river about eight o'clock, and anchored at her wharf a short distance this side of the Sugar Refinery. There is a bare possibility of the calamity having been the result of accident. While the fire was raging, sparks from the burning steamer fell on the long shed used by the Glen Cove, which, quickly igniting, set fire also to the sheds owned by the Baltimore Steamboat Company, all of which were consumed or rendered unfit for use. The roofs of several houses in Rocketts also took fire, but were put out in time to prevent any damage. The Glen Cove was about six years old, a great favorite with the travelling public, being staunch and swift. The destruction of the aft part of the boat is very thorough and complete. The hull, which is nearly submerged, will no doubt be raised in the course of the next week. The boat cost originally, we presume, about $47,000. She was owned by an association of gentlemen in this city, among whom were Joseph Brummel, Richard O. Haskins, and others.

While not charging the loss of the boat as positively due to the torch of the incendiary, the occurrence should be regarded by our people as a warning and as an incentive to increased vigilance to detect offenders, many of whom are no doubt in our midst, and are only deterred by their fears from committing the most horrible atrocities against the peace and good order of any Southern community.

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