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The universal Yankee is just now slowly recovering from another lunatic attack. "The Stars and Stripes are floating over Vicksburg." This was the great and glorious news announced by the Gorilla in person a few days ago. "The rebels have been completely beaten at all points. In a few hours the Mississippi will be open. " Such was that renegade Southerner, D. D. Porter's telegram to Welles, dated Haines's Bluff, May 20th. Hence the staring capitals and the spread-eagle paragraphs which crowded every Northern paper of the 25th ult. That our people's confidence in the impregnability of the Western Gibraltar should have been somewhat shaken by their positive, circumstantial, and official announcement of its capture, was hardly to be wondered at, considering the meagre and totally unsatisfactory accounts we had received from our own side. With all our experience of Yankee mendacity, as practiced by their rulers, and of Yankee gullibility, as illustrated in every phase of this war, we were not quite prepared for the brazen effrontery of this, their culminating effort in the Munchausen line. It is true that the notorious Robert Macaire Walker was lately sent to Europe by Jacques Chase on the rather arduous errand of borrowing money to prop up their sinking circulation, and the announcement of the fall of Vicksburg may have been a part of the programme agreed upon between that precious pair, and counted upon as an important element in their campaign against foreign pockets; but Yankee veracity and Yankee credit being about on a par just now in Europe, we feel tolerably well assured that the cute trick of Chase and Walker will prove a lamentable failure, and that the contempt and ridicule which all their late attempts at deception have invariably met with abroad will be aggravated in this case by the authentic news following close upon the heels of their flaming dispatches, of the decisive repulse of the Yankees from Vicksburg, and most probably of the capture or destruction of "unconditional surrender Grant" and his "victorious" army.

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