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A Candid Admission.

The New York Times, of the 6th, in a leading editorial, from which we made a brief extract yesterday, makes the following remarkable confession:

‘ "It is perfectly idle to conceal the fact that, as we stand to-day, we are beaten; and the same fruits which have beaten us hitherto will, it continued, beat us to the end of the chapter. If we persist in the policy thus far pursued; if we have not better Generals in the army, and better councils in the Cabinet, and more vigor, a more high toned energy, a more resolute and well aimed determination in the Government than we have had hitherto, the rebellion will conquer the Government, Jeff Davis will take Mr. Lincolns seat, and the Constitution of the Confederacy will replace the Constitution of the United States. But with such a reform, promptly started and vigorously carried out, we can conquer the rebels and restore the ascendancy of the National flag."

’ The Times adds that ‘"the Government must reform the generalship,"’ that Kearney, (since killed) to whom it pays a glowing compliment, and others whom it mentions, deserve higher positions; that the President should select the most successful and skillful of the Major Generals, ‘"and give him command of the Army of Virginia, and he will have taken the first and most important stop towards destroying the rebel army and crushing the rebellion. If he has not the strength or self-reliance to take this step, the rebellion will certainly crush him."’

Thus it will be seen that the star of Pope is already sinking in the Northern horizon, having followed that of the ‘"Young Napoleon,"’ with portentous rapidity. But Lincoln has all along been acting upon the policy indicated by the Times, choosing new Generals and dismissing them, but with the same unvarying ill luck. First, there was Scott, then McClellan, then Pope. But they have no match for the Southern military leaders in their armies, and if the result depends on superior generalship, the Times is right in its apprehension that the ‘"rebellion will crush Lincoln."’ More than all. Providence favors our arms, and a great and gallant people, inspired by a noble cause and sustained by the irresistible arm of the Almighty, cannot be subdued.

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