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granted that the now has her full armament, and that Capt Meffitt, restored to health, is still in command. Assuming these to be the facts, and bearing in mind the further fact that the Florida is one of the fastest and finest vessels that has ever been afloat, we congratulate the New York Board of Commerce on the bright prospect than is ahead for their merchantmen. Well may the New York Herald exclaim, that another scourge of the deep is let loose. We shall be greatly disappointed if Capt. Maffitt does not realize the worst apprehensions of the Yankees. He was one of the most intelligent and enterprising officers of the old Navy, chivalric and ardent, hold and energetic, a master of his profession, and as brave as Lord Nelson. We shall hear from him soon, and if it is his luck to encounter one of the enemy's cruisers, unless greatly overmatched in weight of metal and men, he will win brilliant laurels for himself and his country. On the whole, the Confederate Navy makes a g