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We have received copies of Northern papers of the evening of Saturday, the 4th instant. Gold, 199 1-2.


Lincoln's inauguration — his inaugural address.

The inauguration of Abraham Lincoln, for a second term, took place in Washington city on Saturday last. The following telegrams from Washington are the only accounts we find of the ceremony:

Washington, March 4.--The procession to escort the President to the capitol is now forming, though a heavy rain is falling and the streets are almost impassable with mud.

The avenue is one dense body of people. The inaugural ceremonies will take place in the Senate Chamber.

Washington, March 4--12.30. --The rain has ceased and the procession is now passing down the avenue. The display is exceeding grand. The sidewalks are jammed with people, and every window and house-top is occupied with ladies and gentlemen, who are waving their handkerchiefs and hats with great enthusiasm. The visiting Philadelphia Fire Department and those of Washington attract great attention by their beautifully-adorned apparatus. Many bands of music are interspersed throughout the procession, and the entire line is one continuous ring of music.

The Chronicle representation have a large truck, with a printing press printing an extra Chronicle, which are scattered among the dense mass of humanity.

The procession is over an hour passing any given point.

The Navy-Yard delegation has a monitor in line, with a turret turning.

The immense amount of mud in the streets interferes with the magnificence of the display, yet it is, nevertheless, exceedingly fine.

A marked feature in the turn-out is the colored troops and Odd Fellows, with their bands of music.

The following is a copy of Lincoln's inaugural address:

‘ Fellow-Countrymen,--At this second appearing to take the oath of the Presidential office, there is less occasion for an extended address than there was at the first. Then, a statement, somewhat in detail, of a course to be pursued seemed fitting and proper. Now, at the expiration of four years, during which public declarations have been constantly called forth in every point and phase of the great contest which still absorbs the attention and engrosses the energies of the nation, little that is new could be presented.

’ The progress of our arms, upon which all else chiefly depends, is as well known to the public as to myself, and it is, I trust, reasonably satisfactory and encouraging to all.

With high hope for the future, no prediction in regard to it is ventured. On the occasion corresponding to this four years ago, all thoughts were anxiously directed to an impending civil war. All dreaded it — all sought to avoid it. While the inaugural address was being delivered from this place, devoted altogether to saving the Union without war, insurgent agents were in the city seeking to destroy it, without war — seeking to dissolve the Union and divide the effects by negotiation.

Both parties deprecated war. But one of them would make war rather than let the nation survive, and the other would accept war rather than let it perish, and the war came. One-eighth of the whole population were colored slaves, not distributed generally over the Union, but localized in the southern part of it,-- These slaves constituted a peculiar and powerful interest. All know that this interest was, somehow, the cause of the war.

To strengthen, perpetuate and extend this interest was the object for which the insurgents would rend the Union, even by war — while the Government claimed no right to do more than to restrict the territorial enlargement of it.--Neither party expected by the war the magnitude or the duration which it has already attained. Neither anticipated that the cause of the conflict might cease with or even before the conflict itself should cease. Each looked for an easier triumph and a result less fundamental and astounding.

Both read the same bible and pray to the same God, and each invokes His aid against the other. It may seem strange that any man should dare to ask a just God's assistance in wringing their bread from the sweat of other men's faces; but let us judge not, that we be not judged. The prayer of both could not be answered — that of neither has been answered fully.

The Almighty has his own purposes. "Woe unto the world because of offences, for it must needs be that offences come; but woe to that man by whom the offence cometh."

If we should suppose that American slavery is one of those offences which, in the providence of God, must needs come, but which, having continued through his appointed time, He now wills to remove, and that He gives to both North and South this terrible war as the woe due to those by whom the offence came, shall we discern therein any departure from those Divine attributes which the believer in a living God always ascribes to him?

Fondly do we hope — fervently do we pray — that this mighty scourge of war may speedily pass away; yet, if God wills that it continue until all the wealth piled by the bondsman's two hundred and fifty years of unrequited toil shall be sunk, and until every drop of blood drawn with the lash shall be paid by another drawn with the sword, as was said three hundred years ago, so still it must be said "the judgments of the Lord are true and righteous altogether; with malice towards none; with charity for all." With firmness in the right — as God gives us to see the right — let us strive on to finish the work we are in, to bind up the nation's wounds, to care for him who shall have come the battle, and for his widow, and his orphan — to do all which may achieve and cherish a just and lasting peace among ourselves and with all nations.


Lincoln's next Cabinet.

A Washington dispatch says:

‘ All sorts of rumors are afloat to-day in reference to the organization of the new Cabinet. The impression prevails that the only changes to be made are in the Treasury and Interior Departments. Senator Harlan is believed to be the one agreed upon to take the Interior Department portfolio, and there is not a shadow of doubt about the appointment of Mr. McCulloch to the Treasury. The same authority places Hannibal Hamlin on the slate for Minister to Rome, with full sanction of the President to kiss the Pope's toe and obtain absolution for all his sins.


The campaign in North Carolina.

A dispatch from Newbern, North Carolina, dated the 25th ultimo, says:

‘ Rebel deserters, who have just come in, report that General Lee has ordered Goldsboro' and Kinston to be fortified, which order is now being carried into effect. Goldsboro', he says, must be held at all hazards. A large force is now at work night and day at Goldsboro', throwing up fortifications.


Capture of a Torpedo Expedition.

The Chattanooga Gazette has lengthy details of the capture of a Confederate yawl and fourteen men, at Clapman's landing, below Kingston, on the Tennessee, by seven Tennesseans. The yawl was armed with torpedoes, intended for the destruction of Government property. The party were regularly uniformed, and acted under the orders of the rebel Navy Department. The yawl was built at Richmond, brought to Bristol on the cars, placed in the Holston river, and moved thence with muffled oars to the place of its capture. Their instructions were not to destroy or disturb anything until they got below Kingston, where they were to destroy the Government transports. They hoped, also, to destroy the warehouses, rolling-mills, etc., on the banks of the river at this place. The whole enterprise was in charge of a scientific officer.


Report of the Federal Secretary of war.

The Yankee Secretary of War, Friday, sent to Congress his annual report, which he says has been delayed in order that Lieutenant-General Grant might furnish a summary of his military operations, but the summary has not been received, as the activity of the campaign in progress demands his unceasing attention. The results of the volunteer recruiting service under the different calls for troops, dated February 1st, March 14th and July 18th, are given in the report of Provost- Marshal-General Fry, who says, in reference to the reenlistment of veteran volunteers during the autumn of 1863, that over one hundred and thirty-six thousand soldiers, who would otherwise, ere this, have been discharged, were secured for three years longer. Organizations which would otherwise have been lost to the service were preserved, and recruits and capable and experienced officers were retained in command. This fore has performed an essential part in the great campaign of 1864, and its importance to the country causes be over estimate. The result of the recruitment in the rebel States is reported to be unfavorable.

The arrest of deserters and stragglers is continued with vigor. Thirty-nine thousand, three hundred and ninety-two have been arrested between October 1st, 1863 , and October 1st, 1864. The total number received from the establishment of the Bureau to October 1st, 1864, is sixty thousand, seven hundred and fifty. The Veteran Reserve corps, October 1st, 1864, consisted of seven hundred and sixty-four officers and twenty-eight thousand, seven hundred and thirty-eight men.

The report of the Secretary gives a summary of the reports of the heads of the several bureaux connected with the War Department, and concludes by saying that the general exchange of prisoners, effected under the instructions of the Department, is in course of execution, and it is hoped that all of our prisoners who are in the bands of the rebels will soon be returned. A furlough of thirty days is extended to them as they are returned to the city of Annapolis.


Discontinuance of the blockade-running from Nassau.

A correspondent in Nassau, N. P., writing on the 16th of February, furnishes an account of the last days of the blockade-running trade built up in the Bahamas since the commencement of the war. The steamers Fox (since captured) and Druid returned to Nassau from Charleston on the 6th and 9th ultimas, and these were the last arrivals in the colony from the Confederacy.

When the fall of Fort Fisher was announced, quite a fleet of blockade-runners started from Nassau for Charleston; but they soon returned, one by one, from profitless voyages.

General Preston left Nassau for Charleston, but after a few days he was again at his quarters in the Royal Hotel.

The colonial authorities refused permission to the captain of the United States gunboat Honduras to anchor in port during the heavy swell at sea.


The Expedition against Mobile.

A telegram from New Orleans, dated the 23d ultimo, says:

‘ It is reported that General Canby will leave here for Mobile to-day. He is master of the situation, and good reports may be soon expected from his forces and the fleet there under Commodore Palmer, which is hard at work.

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