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Southern war news.

Our Southern exchanges come to us with an exceedingly limited display of news, and the ‘"masterly inactivity"’ which seems to be the prevalling fault, or merit, of the contending armies, bids fair, unless something brillian soon occurs, to rob them of all the resources of their favorite pabulam. From our depleted mails we gather below what is most interesting:

The Threatesed invasion.

The boast of the Federalists weigh little upon the mind of Southern people. The Hatleras affair was the source of but a momentary excitement, and served more as a benefit than a disadvantage. It was the signal for the note of preparation to be sounded; the ‘"immortal"’ Butler, should he over have the courage to carry on his impending programme, may prepare for a glorious upset. The Charlotte (N. C.) Democrat remarks briefly:

‘ "If old Butler is ever caught on the soil of North or South Carolina, we hope he willnever be heard from as a prisoner. He has already stolen 900 negroes, besides burning houses and destroying farms, and we hope the day is not far distant when he will be furnished with his farm in the South four by feent in size.

Suspicious Movements about the North Carolina coast.

On Saturday afternoon, says the Wilmington Journal, of Monday, a bark was seen from Camp Wvatt beating along the coast in a southwesterly direction, the wind being from the S. W.; and about 10½ o'clock at night, when opposite a point some two miles south of the camp, she sent up a rocket; She appeared to be making for Bald Head, and may have since come over the main bar. She kept close in, but not close enough to discover her nationality.

Still another bark hove in sight yesterday at 3 o'clock P. M., running along the beach. She subsequently changed her course, running head on to the beach; while farther out to sea an object was seen, supposed to be a steamer in pursuit of the bark. By five o'clock, however, the object supposed to be a steamer had disappeared in the distance.--Our correspondent thinks that the bark took a pilot and changed her course to go round the Cape. If either of these barks, whose nationality is not known, have crossed our bar, we have not heard of it here. The one first alluded to exhibited private signals when farther up the coast, as we learn from another quarter.

The Presence of spies in New Orleans.

Allusion has already been made to the arrest of three spies in New Orleans. But there are ‘"a few more left of the same sort."’ The New Orleans Crescent, in its talk on Change, says:

‘ The packets from Memphis are bringing in a great many passengers, and so is the railroad. Spies and Black Republicans are pouring in upon us. At the same time there are many loyal citizens, or supposed to be such. It is more than apparent that the test oath, or oath of allegiance, is to be abused. Citizens of doubtfull loyalty are arriving by every conveyance. If they are suspected, they appeal to their plastic, idens, step before a commissioner, take the oath of allegiance, pay three dollars, and come out strong Southerners. What a farce will be going on, and is already commenced. We shall be overrun with Northern informers and Black Republicans. They will come among us as usual, stay the winter, and some of them — in fact, many of them, will take the oath. They will return to their Northern nests next spring, and if questioned about their oath to the South, will relieve their easy conscience by saying that they took the oath under duress or by force. What is now being done before the commissioner is a most miserable farce. It is an insult to the intelligence and dignity of the Southern Confederacy. We don't want these Northern flends (they may be justly termed) among us. They will smuggle themselves in on us through the season. Every boat arriving from Memphis will bring some. The railroad will be availed of; in fact, before thirty days expire, we shall be overrun with Northern folks and interlopers; they will not be of any service to us or Southern interests.

To save ourselves, martial law is hinted as being demanded by the daily events. We have had spies among us all the season. The ship-yards and our naval preparations have been duly inspected by Northern spies. A late Boston paper contains full and minute details of the nondescript which has been the subject of so much talk. The most extended description of the craft, her capabilities, her vast powers, are given as concise and complete as though the writer of the letter or the informer had the management of the craft. Some one has violated confidence, which is evinced by the letter in question. It must have been a general inspector of the south, as it were. He gives the condition of the military defences of the city. He, however, lies in one respect, when he says all our troops have been drafted to go to Pensacola and Virginia. It appears he took a regular and easy tour of inspection. He alludes to the condition of Baton Rouge, Natchez, Vicksburg, and Memphis. He speaks of the military movements, number of soldiers, arms, and batteries of these places, as though he was a regularly-constituted inspector general. We lose sight of him from Memphis, turning up as it were in Boston. In the name of the holy cause of the South, is it not time that these spies, traitors, and informers should be driven from our midst? Is it due to our safety to submit to the farce of taking the oath and examination before a commissioner? Every individual arriving in our city must be made to report and give an account of himself. It has got to come to this, and the sooner some course is inaugurated the better. We have been following a milk-and-water course long enough. The time for action has arrived. It is no use to talk any more about this subject.

The voice of Cowardice.

The Memphis (Tennessee) Argus has the following editorial comments upon the recent action of the Kentucky Logislature on the passage of a bill to punish rebellion:

‘ A bill has been introduced in the Kentucky Legislature by Gen. (?) J. B. Husson, a large, rather imposing looking man, but an arrant coward, from Clark, to punish rebellion. The telegraph has already turnished brief outliue of its provisions, which declare it felony to wage war on the United States, to enlist with troops for the Confederates, or induce others to enlist or even to join or parade with a company with the intent of joining the Confederates; and the penalty is from one to ten years imprisonment. Any invasion of Kentucky by any of her citizens, as Confederate soldiers, is punishable with death.

We speak the undivided voice of the patriotic Kentuckians in our midst, that the bill, like its author, receive their unmitigated scorn and contempt. They know its source — a low, chaffering, dickering, mean coward — as reflective of manhood, and the true, chivalrous, generous sentiments of Kentackians, as the craven crew who sit enthroned in bad eminence upon the tripod of the Louisville Journal. He is of the full proportions of manhood's size, with the heart of a baby, and kicked and cuffed from side to side, would cry and throw up his hands to guard, not resent, the indignity.

He is a true representative of the great Kentucky interest, (?) the Louisville Journel; and a fit representative he is Loud in declamation, truculent in thought, hold and arrogant in expression, abusive and vulgar in lauguage, there is no responsibility where person has to answer for the ribald tongue. He scorns, like Prentice, the exposure of his person when called to account for his blackguardism. Of all men he is the fittest to be the auther of such a bill, which to be kicked out of the Legis but the consideration of which was amicably postponed until Monday.

A mean, craven-hearted wretch, regarded as such by all who know him--one who would let his jaws be slapped and his face bespit without resentment — he is the fit instrument through whom such a bill should be presented for the consideration of the poor devils who are misrepresonting Kentucky, and urging her handiohg into the arms of abolitionsion Her first position might have been, and probably was, one of patriotism — a forlorn hope, indeed — but her present attitude, as represented by her Legislature, is one of meanness, cowardice, the lowest abjectness, from which the vilest cur or most sheaking spaniel would shrink in disgust. Let her abjure it at ones. Let her seek her true position. Let her once more be Kentucky.

The cotton Export discussion.

Many of our Southern exchanges are engaged in the discussion of the technical question whether cotton should be exported in the present condition of our affairs. The subjeet is ably argned on both sides. One writer (in the Charleston Courier) thus laconically disapproves of the proposed forcing of the block ade:

‘ "It is now generally understood that a shipment of Cotton is about to be made from a Southern seaport to England. Is not this playing our best trump card into the hand of Lincoln, who will not wink at England getting her supply of cotton from us (apparently by stealth, but more probably by agreement already made) so long as England refrains from recognizing our Confederacy?"

’ It is a deep laid scheme, and one which will tend more to weakon us and protract the war than any other that could have been devised. But establish the precedent of a single shipment of cotton, (and that, too, from South Carolina,) as consistent with our interest or position, and every port and inlet will send out its ships and schooners loaded with cotton for Europe or the West Indies, (thence to be re-shipped,) or even to New York itself. Is it inst, is it honest, is it true to ourselves, that while the best blood of our country is being

poured out in defence of our rights, and there are thousands of auxious hearts at home trombling for the safety of their sons and brothers in Virginia; we should, by supplying our enemy's walits, for cotion, protract the war and the sufferings of our brave soldiers?

Another, in the Charleston Mercury, (not concurred in by the editor,) athongst other reasons. gives the following views against the ‘"policy to export not one hale until our ports are opened:"’

If this is really the policy of the country, when and by whom was it settled? It is certaluly the policy of Mr. Lincoln, but now is it our policy? H very clearly that unless we sell, we cannot buy. That, with an army of 200,000 or 200,000 men in the field requiring arms, munition, blankets, clothing, and a thousand other necessaries, it would be far more easy to conquer us by stopping these supplies, than by meeting our brave defenders in fair fight and on equal terms. Hence he adopts the most effectual means of stopping our imports; he arrests our exports as well. At an enormous expense, and at the risk of a war with England and France, he refuses to allow these countries to have a bale of our Southera cotton. We have told these Governments that this is an act of hostility to them; that it is ruinous to their manufacture and trade; that it endangers even their security, by depriving millions of their subjects of the employment upon which they depend for their daily bread — bringing upon them the horrors of famine and revolution. Is this not true? Is not this the policy of Lincoln, and the legitimate tendency of that policy?

Spain must be refused, too, though she generously protects our flag in her ports; for if we suffer the cotton to go to Spain, England will be supplied from Spanish ports. The effects of such a vast diminution in the supply of cotton are very easy to foresee. The price will rise rapidly in Europe. Upland cotton, the price of which is 6d., will go to 12d., perhaps 18d. Manufactured goods will rise in the same proportion. The consequences of such changes are of daily experience, of Infallible sequence, and are well known to every experienced merchant and thoughful statesman. The production of cotton in all parts of the world will be greatly stimulated; the consumption of goods will be vastly reduced.

The Potomac Blookaps.

The correspondent of one of our Southern exchanges, from the seat of war near Manassa, writes on the subject of the Potomac blockade as follows:

‘ The Yankees have discovered at last that the Potomac is blockaded, and that their piratical ships will not be able to prowl up and down that river as heretofore. They seem to think a great deal about it, and confess the navigation is stopped, unless they take the batteries. They will not find that so easy, and will hardly attempt such a hazardous enterprise. Their attention appears to be directed only to Matthias Point, below Aquia Creek. They will find there is another formidable battery between Aquia Creek and Washington, capable of arresting the progress of any fleet. They can neither get up nor down. We have the river closed for a distance of some forty miles. Our Maryland friends need not be afraid hereafter, in crossing the river, of the Pawnee, or any other of Lincoln's ships. Unless there be an army of occupation all along the shore, there will be free communication between Maryland and Virginia. These were masked batteries in reality, for they have been constructed secretly and behind a screen. The Yankees have taiked so much about masked batteries where there have been none, that they will now realize the truth of the fable about the cry of wolt. The value of these works in a strategic point of view, as affecting the general operations of the war on the Potomac, and with reference to the liberation of Maryland, cannot be well over-estimated.

A brief and beautiful Tribute.

The Sumter (S. C.) Watchman thus touchingly alludes to the death, on the battle-field, of Benjamin and John White, of the ‘"Chicora Guards."’

Together, as brothers, they volunteered at the call of their country, together they went forth to meet the invader, together they endured the toil and exposure of the camp, and together they yielded up their lives a saerifice upon that country's altar. Together, we trust, they have been laid away to sleep in honored soldiers' graves. Brothers by natural ties. brothers in affection, sympathy, and devotion to country, and brothers in the grave; we trust they are brothers in that heavenly land, where there are no conflicts and struggles, and where there is no death.

Our defences after the war.

The Mobile Advertiser observes that as soon as the war is over the Government of the Confederate States will commence the work of establishing a cordon of strongly fortified posts all along our Northern frontier, to be garrisoned by our standing army. For several and sufficient reasons, we desire that Kentucky should belong to this Confederacy, as she certainly will. One of these reasons is, that our Government may have the privilege of building a great and impregnable fortress on the banks of the Ohio, just opposite Cincinnati, with a hundred big columblads on its ramparts, trained point-blank on this abolition porkopolia. Thus we would have an ‘"under hold"’ on the North unless it choose to move its ‘"Queen City"’ to a safer neighborhood. Any time that the North ‘"stole a nigger,"’ committed any act of aggression, or ‘"kicked up any ruction,"’ all our Government would have to do would be to notify the Northern Government that on such a day the commander of our anti-Cincinnati gibraltar would send a cartel to the porkopolitans giving them so many hours to remove their women, children and non-combatants, for down would come Cincinnati at the expiration of the time. If this power-supported menace did not fetch the nigger, bring apology and amendment for the aggression, or abate the ruction, then we are mistaken in the interest-alive shrewdness of thecitizens of the North.

Trade with the South.

The shipments, especially of sugar and molasses, from the large Southern cities to Virginia, to say nothing of Government purchases, have been on the most extensive scale. The Petersburg Express, in speaking of the Southern trade to that city, says:

‘ The several depots in this city are now crowded to an exeess positively inconvenient with freight of this kind for the merchants of our State. The avenue to Southern intercourse and commerce is being rapidly opened, and we earnestly hope it will continue to expand until the whole world shall become interested and active in it.

The effect of a Warrior's Presence.

A correspondent, writing from Columbus on the 19th, alludes to the arrival of General A. S. Johnston in the following terms:

‘ The different encampments were decidedly hilarious this morning, owing to the arrival of General Albert Sidney Johnston, whose opportune advent among us has awakened a renewed vigor, and inspired a healthy confidence among our gallant troops. Gen. Johnston comes heralded by announced glorious achievements, and it is devoutly hoped his management of this division of the army may fully sustain his reputation as one of the most brilliant and accomplished military officers of the age. His appearance indicates a Jacksonian disposition, and his reputed firmness and decisiveress or character will compare favorably with the hermitage hero. He has already assumed command, and. with the valuable aid offered him by General Folk, will soon become familiar with the detail of our army. As soon as he shall have his campaign programme. ware, as their day of enemy beat hand. retribution will be near

Seizure of guns and equipments in Hentucky.

On Wednesday night, says the Clarksville Jeffersonian, the sherill of Jefferson county, Ky., captured the guns and equipments of the Kentucky Rifles, a regularly organized company of the State Guards, under Captain McGill. The cause for the perpetration of this outrage we are unable to state.

A Captive Sailon set adrift after a long Imprisonment by the enemy.

The N. O. Picayune. of Saturday, learns by a sailor, Mr. Fred. Johnson, that the fishing schooner Achilles was captured on the morning of the 16th of June last, near Chandeleur light, by the Lincoln steamer Massachusetts. The Achilles was going at the time from the Bay of St. Louis with the Assistant Lightkeeper to the Chandeleur Island, whom they had landed the previous night, when next morning they were boarded by a boat from the Massachusetts, and two fishermen, Austrians, besides Mr. Johnson, were taken on board the Massachasetts. These two men took the oath of allegiance to the Abolition Government, but Johnuson refused. He was kept on board from that day until Saturday last, the 14th instant, having been on board nearly three months, when he was putover the side in a leaky yawl boat, which belonged to the Achilles, and sent adrift. About dark, after having had a hard pull of it, he was picked up by the fishing sloop Osceola, fifteen miles from land, and arrived here last night.

The two Austrians were frequently taken aft for examination, and were permitted to go and haul the seme at the Chandeleurs.--The light-house keeper frequently came on board the maseachusette, and was offered by Capt. Smith, of that vessel, to remain, if he thought proper, as his provisions ashore were getting short.

Movements of the enemy Unout the Moute of the Mississippi.

The enemy has already erected nine butteries on the north end of the Chandeleur Island, inside, and abreast of the light. They were expecting lumber every day to build houses and a hospital there, and 12,000 men were soon expected, to be divided on the islands.

The steamers Rhode Island and Connecticut were off the Chandeleurs two weeks ago,

and the sloop-of-war Freble, menuting nine guns, was also there. They frequently recelved New Orleans papers, and seemed to be well posted up. Their intention was to fortify Ship Island so as to command the pass and run their gun-boats into the lake, and thus cut off the mail boats and all commenication between New Orleans and Mobile.

Important from the Soute — Navai engagement.

The following dispatch, by the Balize Telegraph line, from Fort Jackson to Major Gen. Twigga, appears in the N. O. Picayune, of Saturday:

Fort Jackson, September 21, 1861.
Major General D. E. Twiggs:
Mr. Fulda, the telegraphic operator at the head of the passes, arrived here this morning from that point. He reports an engagement between the C. S. steamer Ivy and the U. S. steamer Water Witch, without injury to the Ivy.

The Ivy was down the South Pass when she discovered the Water Witch. She came out of the pass taking the C. S. cutter Pickens in tow, and proceeded up the river. In the meantime the Water Witch came up the pass, directing a constant fire of solid shot and shells at the shores, apparently feeling for masked batteries. Arriving at the telegraph station, she sent a boat ashore and took away their battery and other instruments.--After visiting the light-house, opposite that place, she again proceeded to sea through the same pass. The Ivy, having put the cutter beyond reach, returned and followed the Water Witch as far as the bar.

W. B. Robertson, Captain Artillery, Comd'g.

Just in time to Miss the fun.

The New Orleans Ficayune, of Saturday, says that the evacuation of Ship Island by our forces, which has already been mentioned, proves to have been just in time, as we learn from good authority that it was the intention of Captain Smith, of the Abolition steamer Massachusetts, to proceed with his fleet to shell out the Island to-day! Thus the Captain has been saved all the fun and glory which he had expected to derive from such an explo it.

Speculating in Kentucky.

Several parties of gentlemen from Mississippi passed through this city yesterday on their way to Kentucky, which State now furnishes fine opportunities for speculating in a variety of ways. A large number of adventurers are now going in that direction by way of Knoxville and Nashville. Either mules or Yankees is understood to be their specialty.

The Struggle in Kansas.

The Liberty (Mo.) Tribune has a letter from Colunel John T. Hughes, of the Confederate Army, which is issued in an extra, reporting that a few days ago the Secession forces drove General Lane and his command into Kansus, with twelve killed, thirty or forty wounded, and thirty-five taken prisoners. He states that but two or three were killed and sixteen wounded on the Southern side.

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