Dissatisfaction among Wall street bankers.--Gen. McClellan's Views.
--The intelligent Fairfax
(Oct. 10,) correspondent of the Savannah Republican
hears that much dissatisfaction exists among the bankers in Wall street, and throughout the North
, on account of the hesitating policy of McClellan
. It is reported that they frankly admit, that neither they nor the country can stand a long war; and they claim that when they agreed to furnish the means for the prosecution of the war, it was only on condition that short work should be made of it. These accounts are confirmed, in substance, by Maj. Gen. Smith
and Brig. Gen. Lovell
, who lately arrived at Fairfax
from New York, where they enjoyed the best possible facilities for getting reliable information.
They represent the distress prevailing at the North
, growing out of the derangement of commerce, the stagnation of business, the shortness of the grain crop, and the uneasiness of capitalists, to be almost incredible.
The correspondent suggests that Johnston
may have lain idle for the reason that an active campaign might have stimulated the efforts of Northern capitalists to assist their Government.
Whilst he thinks that an active and offensive policy after the battle of Manassas
would have been the best, yet he confesses that the opposite policy pursued by Johnston
has not been without its good results.
If what we hear through the Northern
press, and other channels be true, then we are whipping the enemy by standing still.
Their expenses are enormous, being $8,500,000 per week.
No nation can stand such a drain as this long.
Hence the clamors of bankers and capitalists against McClellan
. The prospect of the most frightful suffering among the poorer classes this winter, only complicates the difficulties of the Government
Ships are rotting at their wharves, factories are idle, mechanics are out of employment, the poor are clamoring for bread, and bankers are restive and uneasy.
The whole country groans and staggers under the mighty load which now presses upon its bended back.
Meanwhile our march is onward in Kentucky
The same correspondent says that McClellan
has conducted matters since his advent into Washington
with considerable tact.
He has messaged to set rumors afloat in Richmond
and the Army of the Potomac that he had an army of 160,000 men; that he would soon cross the river and attack us with a force of 100,000 troops, and that large fleets were about to sell from Northern ports to ravish our coast and burn our cities.
The object of all this bluster was to distract our counsels, to divert from the Potomac
, Kentucky, and Missouri
, the reinforcements intended for those points, and to alarm the people, along the whole Southern coast.
The affair at Hatteras
was admirably planned to effect his purpose.
That naval expeditions will be sent Southward, there need be no doubt; but the season has not yet arrived for them to call.
The men who will go upon these expeditions cannot be spared until the campaign near Washington
has been closed by the ice and snows of winter.
The correspondent says he has good reason to conclude that McClellan
has no such force about Washington
as he would have us believe.
Since the battle of Manassas
67,000 troops have passed through Baltimore
on their way to Washington
and points in Maryland
.--Nearly all of the three months volunteers have returned home, and the regulars are scattered along the line from Fortress Monroe
to St. Louis
The forces, then, at and about Washington
cannot much, if any, exceed 75,000 men, many of whom are disabled by sickness.