Progress of Events.
Our special telegram from Norfolk
advises as that the Lincoln Government
has decided that our privateersmen are prisoners of war, and offers to exchange them for the hostages held by the Confederate
Whether these terms will be accepted, or not, remains to be seen, but as there is a disposition to inaugurate a general exchange of prisoners, it is within the range of possibility that Col. Corcoran
and his ‘"compatriots"’ may soon regain their liberty, and the South
to that extent be relieved of a burden.
Surely, there never was such an instance of lowering the haughty crest of tyranny, as this ‘"letting down"’ of the Lincoln Government
The tone of the European
news, as foreshadowed by the copious extracts published this morning, is quite as satisfactory as could be expected.
Everything encourages the South
to redouble her energies, and show to the world that she has a proper claim to membership in the family of nations.
The report that the Burnside
fleet has left Hatteras
for some point further South, was tolerated yesterday, and has an appearance of probability.
The enemy is still engaged in destroying property on the coast, wherever opportunity offers.