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e. The significance of his movement is clear enough. He goes to occupy certain important points in the Southern States, and they are the points that will best enable him to hold the country. He may choose what towns will answer this purpose best; for all are at his mercy. His operation is one that flows naturally out of the position that the war now stands in. The Southern States are absolutely denuded of all defensive force. Every man is in the armies that hold the frontier, under Lee, Early or Beauregard. We have matched each of those armies with equal armies, and hold them still with equal armies; and for the practical purposes of war, this is the same as if we had put those armies out of existence. Thus the Southern country lies helpless before us — practically conquered — and we march in and "possess it," just as Old Abe promised that we should in his first proclamation. The Western conspiracy. The military commission at Indianapolis is still engaged in the invest