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War matters.

We have nothing new to report this morning in the situation of affairs. The excessive had weather, and the consequent condition of the roads, has caused a temporary tion of active operations, and we look for nothing of an exciting nature so long as this state of things continues. The vaunted Burnside expedition is a dead-lock somewhere on the ‘"stormy coast,"’ and all the deep-laid schemes of the enemy bid fair to result in nothing of practical importance.

Meanwhile, the tone of the European news is by no means discouraging. The extracts which we publish this morning, embracing dates to the 18th ult. will be read with interest. Both England and France regard affairs on this continent with deep solicitude, and everything encourages the Southern people to redouble their energise and fight on for liberty and independence; for even though these inestimable blessings may belong deferred, they will eventually reward their efforts. The world looks with wonder and admiration upon the alarm resistance the South has made for eight months past, and a determination to open the spring campaign with even greater energy will conduct us to the goal of our highest hopes.

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