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We have received Northern papers of Thursday, the 16th. Gold was quoted at 203 1.4.

The phantom iron-clads — what New York is to do.

The phantom rams set heavy upon the Yankee stomach. The New York Herald has a long editorial on the subject, from which we take the following:

‘ These ships are the same "French rams" of which our readers have heard before, and which the Emperor once "detained," while one of them was yet on the stocks. They were built for the rebels originally; but it was found impossible to get them out of France and into rebeldom directly without the knowledge of our Government; so they were got out by means of a bogus sale to the Danes and the Prussians — engineered as similar matters have been in England in the case of the Alabama and other cruisers. We give to-day a portrait of one of these vessels, known in Europe as the Sphynx. She is a formidable ship, but not, as has been over-hastily said, the most formidable afloat. Her engines are of three hundred and fifty horse power and her ram is thirty-five feet in length. She has two turrets, pierced collectively for eleven guns, and plated with iron four inches and three-eighths in thickness. Her hull is plated with four-inch plates. It is the opinion of good judges, who have examined the ship, that her armor will not resist the projectile thrown by the fifteen-inch guns in use in our navy.

’ It is very probable that point will soon be brought to the test. Our correspondent informs us that the destination of these vessels is this city. It is the place at which, perhaps, they could strike their most effective blow. They might go up the James to strike at Grant; but the ease with which he could open a new line by the Weldon road would then nullify their efforts in that quarter. They could not re-open Wilmington any more than Porter alone could close it with better ships. They will, doubtless, therefore, try a more desperate game. By this means they hope to make a great scare at the North, and also, no doubt, to revive the drooping spirits of the South.

But the remedy is in our own hands, and it is for the Navy Department to use it properly. The timely and judicious distribution of our large iron-clad navy at all threatened points on the coast, and especially at the greater harbors, will be the only proper prevision against the Stonewall and the Rapidan. Our numberless swift blockaders should be already scouring the sea to give timely intimation of the approach of the enemy, and our iron-clads should already be enroute to their various positions. Then we can welcome the new-comers as additions to our own navy, for a repulse anywhere is equivalent to their capture, inasmuch as they have only enough coal to cross the Atlantic, and without coal will be mere helpless masses of metal.

New York Gossip.

The New York correspondent of the Philadelphia Inquirer, writing about matters in that city on Wednesday evening, says:

‘ Some rascally wag posted on one of the bulletin boards of a down-town newspaper, this afternoon, a "report" that the two rebel rams from Bordeaux had made their appearance off Sandy Hook, and were now coming up. The news was credited to the Sandy Hook telegraph. People gaped at it for awhile, and some of them ran into the editorial rooms, up stairs, to obtain further particulars, when the fraud was discovered, and ordered off the board with a suitable explanation.--I do not know whether there is any truth in the story that Howard, of the Times, is again about. As for the rams, it is to be hoped they will not stand upon the order of coming, but come at once. We are ready for them.

’ The rumor-mongers were also busy as bees in Wall street. To-day, they have sent the Hon. Mr. Singleton back to Richmond on another peace mission. As "the fools are not all dead yet, " I suppose there are some persons who believe that, especially as "gold is weak. " There are other stories about Secretary Seward's resignation, and "another important movement of the Army of the Potomac," but the foundation for them is probably as airy as that of the first mentioned. If lying were a State prison or penitentiary offence, we should need further additions to the present accommodations of Sing Sing and Blackwell's Island. That is certain.

Colonel Baker received a deputation of a large number of supervisors this morning from several towns in this State, who were anxious to ascertain if the Government would oblige them to refill their quotas, owing to the frauds of the bounty-brokers whom they paid for recruits. The Colonel stated his belief that the towns would have to furnish "men in boots," and that they had better proceed vigorously with the work of raising substitutes if they desired to escape the conscription. The Colonel leaves to-day for Washington on business connected with the recent arrests.

That wonderful personage, George, the Count Johannes, appeared again in the Court of Common Pleas this morning as plaintiff in an action for libel against Horace Greeley, of the Tribune. The complaint alleges that defendant had libelled him by averring, on the 25th of April last, that he (plaintiff) was imposing upon the public by announcing that Avonia Jones and Edwin Booth would appear at his benefit. The result of this was to disgrace him in the estimation of the public, wherefore he prays the court to award him damages to the amount of $10,000. Mr. Greeley sets up in defence that he was justified in his statement, and denies all malice in the premises.--The "Count" appears as his own counsel, and advocates his claims and pictures his grievances in a style at once striking and original, if not very convincing.

What Grant Gained by the Hatcher's run disaster.

The disaster at Hatcher's run has made it necessary for the Yankee papers to "write up" some favorable results of the movement. The New York Times correspondent with Grant's army gets out the following opium pill, after which the New Yorkers are to sleep soundly:

‘ We have, by this change of ground, not only got so much nearer to the Southside railroad--without which Petersburg could not hold out a week — but got away from all those impenetrable little swamps and creeks which so harassed us in our old position, to where we can now sweep with irresistible certainty of success upon this long-coveted communication of the enemy. We have done more than this; we have so far kept Lee employed, in looking after the safety of his own army here, as to prevent him from sending any forces away to assist his people elsewhere against the overwhelming tides which are slowly, but surely, surging northward to engulf them. If the bare possession of Richmond and Petersburg formed the whole task which General Grant has marked out for himself, he might, any time during the last three or four months, have seized the glittering prizes by main force. But I imagine that results far more deep and comprehensive are occupying the mind of our commander, and that, when his whole scheme is laid before the world, and people realize how the most distant, important, but seemingly incongruous movements have, by the masterly guidance of one single intellect, been made to converge to, and culminate in, one tremendous and irresistible climax, all the honors hitherto heaped upon General Grant will be as nothing to what will then be showered upon him by a grateful and admiring country.

The Pennsylvania Legislature on the "rebellion."--entire submission Demanded from the Confederacy.

The following extract, which we make from the proceedings of the Pennsylvania Legislature on Wednesday last, will show very clearly that even base submission would not secure to the States of the South the right to make their local laws. The Yankees are to take everything from us:

Mr. Hall called up the following resolutions, which had been previously reported by the Committee on Federal Relations:

‘ Whereas, the so called Confederate States have taken up arms against the Government of the United States without any provocation, and for the avowed purpose of asserting and maintaining their independence, and still persist, by armed resistance to the authority of the United States, in endeavoring to overthrow the Government, and

’ Whereas, our National authorities have declared it was their duty to decline to accept of any terms short of absolute submission to the laws, and the rebel leaders have lately declared that they would lay down their arms on no condition short of independence and a recognition of their right to destroy the nation; therefore

Resolved, by the Senate and House of Representatives of the Commonwealth of Pennsylvania, That-while peace, immediate, complete and lasting, is greatly to be desired, and earnestly to be labored for, we hold that no peace is practicable or desirable that does not involve the integrity of the Union, the entire submission of the rebel authorities to the Government, with a promise of future obedience to its laws; and that, recognizing domestic slavery as the cause of the rebellion, we hail with delight the recent action of the American Congress, by which the land may be rid of this curse which made rebellion possible, and the total abandonment of which will make its recurrence impossible.

Mr. Wallace moved to amend by striking out all after the word "Resolved," and inserting as follows:

‘ That the President of the United States be requested to use all honorable and just means to bring about a lasting peace and the re-establishment of fraternal relations among all the people by a restoration of the Union upon the simple and just basis of the Constitution and laws, with every proper guarantee to the Southern States that they shall be protected in the full enjoyment of their rights and in that undisturbed control of their own local affairs which the Federal Constitution was intended to secure to them and us.

’ The amendment was lost by a vote of 17 nays to 13 yeas.

The resolution was still under consideration at the time of adjournment.

General Butler's cotton speculations.

The Norfolk correspondent of the Philadelphia Press gives the following revelations respecting General Butler's cotton operations:

Brigadier-General George F. Shepley has been removed by General Ord, and Brigadier-General Gordon placed in his position. This gives great satisfaction to the friends of civil law, to which Shepley has been bitterly opposed. A mass meeting of citizens will be held this evening to give expression to their opinion in relation to civil law. His Excellency, Governor F. H. Pierpont, will preside. The Governor arrived in Norfolk on Thursday evening last, and is busy with the details necessary to a thorough organization of the civil government.

’ A singular circumstance connected with General Butler's cotton speculations has come to light. It seems that the chief of General Shepley's staff, G. H. Johnston, resigned several months since, to enter, as Butler's chief agent, into the business of buying cotton from the rebels in North Carolina. He remained at this long enough to make over two hundred and fifty thousand dollars as his share, which he deposited in the First National Bank of Norfolk. A few days ago the Military Commission, instituted by General Grant to investigate the proceedings of General Butler relative to cotton, got wind of Mr. Johnston. He heard that they would call upon him soon; but not intending to be outdone by them, he drew all his money from the bank and decamped in the Baltimore boat. They telegraphed to the authorities at Baltimore to arrest and send him back to Norfolk; but the shrewd Johnston did not go on the boat farther than Fortress Monroe, where he took the Washington boat, and landed at Annapolis. No one knows his whereabouts, although he is anxiously waited here. The Commission has proven that Butler received two-fifths of all cotton brought here, his brother-in-law one-fifth, and middle-men, of which Johnston was one, two-fifths, the Government getting but one-half of that which was rightfully due it. You may expect even more astounding revelations than these.

Raids of the enemy.

A telegram tells of a raid of the enemy up the Washita river, and their destruction of the people's provisions.--In another paper we find the following:

Lieutenant Cushing, of the navy, has been on another expedition. On the night of the 4th instant, with four boats and fifty men, he took possession of the little town of All Saints, on Little river, South Carolina, holding it all next day, and capturing a large amount of cotton, some of which was destroyed and some carried off. On the 6th instant, some of his men routed a rebel force engaged in collecting provisions for their army in the vicinity of Charlotte inlet.

The St. Albans Raiders.

A telegram from Montreal, the 15th says:

‘ The rebel messenger from Richmond was examined before the court to-day, when the counsel for the prisoners produced the muster-rolls of the Confederate army, in which the names of the prisoners appear. He also produced copies of a letter of instructions to Captain Young, dated June 18, 1864, signed by-Mr. Seddon, all of which are certified to by Mr. Benjamin, under the "Confederate" seal. This paper, from the Confederate Secretary of State, the witness said he received from the Secretary of State on the 4th instant, and he affixed his signature to it in his presence. The witness also stated that Mr. Davis expressed surprise at the result of the Burley case.

The Yankee cotton fleet.

The United States steamers Flag and Wayanda, which sailed from Port Royal on the 8th instant as part convoy to twenty-four vessels, laden with General Sherman's captured Savannah cotton, arrived at New York on the 14th. The Kewanee, another of the convoying steamers, arrived at Newport, Rhode Island. But neither of these steamers brought with them any of the cotton-laden craft, the latter being parted with by the Flag in a gale on the day of sailing off Charleston, and by the Kewanee and Wayanda on the 10th instant. The Kewanee and Wayanda experienced a severe gale on Sunday morning last off Barnegat, and suffered some damage.--When they left Port Royal another large fleet, laden with cotton, was lying there, and would sail in a few days.


It is reported that General Hindman left Shreveport, Louisiana, for Mexico recently. The Yankees alleged that he has gone to join Maximilian's army.

Thomas H. Siddons, a printer, from Richmond, Virginia, who had been in the Confederate army and captured, but taken the oath, was arrested in Baltimore for hurrahing for Jeff. Davis.

The Yankee Senate has confirmed the nomination of old Abe's son, Bob, as captain on Grant's staff, and he goes "to the front" in a few days.

A staff officer of the Ninth corps writes that, as the Confederate Peace Commissioners were being escorted out of the Yankee-lines, one of them turned to General Grant and said: "General, I am anxious to have peace, and I would be willing to leave the settlement to you and General Lee." "Well," said Grant, "I propose to settle it with Lee this summer."

Governor Buelingham, of New Hampshire, and all the other State officials, were nominated for re-election, Wednesday, by acclamation, at the Union State Convention.

The Mayor of the city of McGregor. Iowa, was married last week. The people of the city honored the event by suspending business; the military turned out, headed by a cornet band; and the town went on a general bust. When the bridal party left home, it was under the escort of the military, who opened an artillery fire on the Mayor and his bride started across the Mississippi for an eastward trip.

The Illinois Legislature has passed a bill appropriating $25,000 for the purchase of the burial-place of the late Stephen A. Douglas.

The greatest novelty on the Brooklyn skating ponds is a "calico promenade" on the ice.

In the United States Court at Trenton, New Jersey, E. N. Fuller, editor of the Newark Journal, was fined one hundred dollars for publishing articles against the United States enrolling act. He pleaded guilty, and made a statement to the court which mitigated the penalty.

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