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The Monitor and Virginia.

If the foreign public and their Governments permit themselves to be led astray by the Northern accounts of the relative merits of these two vessels, they will have only their own credulity to blame for the expensive and disastrous blunders they are likely to make. They have had warnings enough before this that the Yankees are incapable of rolling the truth to save them from being gulled by the monstrous fable that the Monitor drove off the Virginia, and is a superior vessel. The facts are directly the reverse; but without a moments hesitation, they swallow the fable, and their journals recommend the construction of vessels of a like character without seeming to suspect that the data upon which they are building may be purely imaginary. Now, the truth is, not only that the Monitor was chased away from the field by the Virginia, and not only has she never dared to accept one of the defiant challenges which the Virginia has repeatedly given her to renew the combat, but she could not if she would, without losing every man on beard of her, even if she herself were not sunk, as she inevitably would be, in a second engagement, at once to the bottom. We are credibly informed that only one man who was on board of her at the time of the fight with the Virginia has survived the effects of the concussion in that engagement. The Virginia, with her spacious dimensions and admirable construction, bore the concussion of her own guns without difficulty, whilst the balls from her enemy rattled off from her iron sheeting like hall from a roof. But it was a different thing with the Bricason, as the result has proven although the Yankees, with their usual ingenuity, have contrived not only to cover up their losses, but make the world believe that their vessel was invincible and invulnerable, and in every respect a triumphed success.

Since the battle, that wonderful ship, the Virginia, which, like everything really meritorious in this world, is unappreciated even by his friends, and eclipsed by every noisy humbug, has been greatly strengthened and rendered the most powerful and formidable craft that ever floated on the water. We do not believe that at this rate the whole navy of the United States would be a match for her There are not a dozen of the best ships of the line of England, or France, that the could not send to the bottom just as easily as she did the Cumberland and Congress. We are not satisfied that the could not enter Old Point, for if the Yankee invaders' ships can batter down forts in Southern lands, we don't see why the Virginia should not be able to damage Old Point seriously. We hops before she has finished her career, she will have the honor of inflicting some vengeance upon that spot which from the beginning has inflicted such mischief upon our cause. But we trust that it will be a long time before her glorious career is ended, She is capable of far greater things than she has yet accomplished. She is a glorious and invaluable vessel, a whole navy, and more than a whole navy in herself.

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