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The Daily Times farther explains its "Buoyancy."

[From the N. Y. Freeman's Journal.] It seems hardly worth while to notice a paper that contradicts itself on alternate days. But the Daily Times, after all, is the best exponent among the morning two pennies of the common, vacillating, unthinking throng. The Herald so habitually plays the buffoon that no one knows or cares whether it is in fun or in earnest in what it writes — whether its ‘"puffs"’ are meant for compliment or for satire. The Tribune, ever driving after, and ever missing, its own underhand and base objects, keeps in the foreground the cry of the negro and speaks of nothing except in correlation to this idol, in making shrines for which it has hoped for much profit. The Daily Times is your true shop keeper. ‘ "What do you wish, sir?"’ ‘"Anything to accommodate you, sir!"’ ‘"We have all colors here, sir!"’ ‘ "If our assortment to-day does not suit you, we have ordered something altogether diverse, and it will be out in a day or two!" ’ Thus, two days after its ‘"buoyant"’ article of last week, it had a leading article of two columns of the very most doleful declarations of dismay that we have seen in any American paper. In its issue of last Sunday it returns to explains the ‘"buoyant" ’ thus:

‘"The popular expectations were based on a misapprehension as to the actual and possible power of the rebels, and a want of knowledge as to what the phrase 'crushing out the rebellion' really meant. There is, however, as we remarked on a previous day, a positive gain, if not cheer to us, in the fact that we knew this."’

When the Times says the ‘"popular" ’ expectations, it must not except itself and its conductors — whether these be popular or not. If it says that its expectations were not ‘"based on a misapprehension,"’ &c., it would stamp itself as a wilful deceiver; for, through long months of last year, it cried ‘ "traitor,"’ ‘"Secessionist,"’ ‘"Southern sympathizer," ’ at those who did rightly apprehend, ‘"the actual and possible power of the rebels."’ We told the truth last year, and that we were not in ‘"error"’ was even then made manifest by the fact that William H. Seward sent armed men to our office, and locked us up in Fort Lafayette, and that, while we were there locked up for publishing the Freeman's Appeal, the same W. H. Seward excused himself for not interfering with Russell, of the London Times, by quoting Jefferson's words, that ‘" error may safely be tolerated so long as reason is left free to combat it!"’ Russell's error, it thus appears, saved him, while our freedom from ‘"error"’ made certain officials think that our words could not ‘"safely be tolerated"’ by the policy that those words opposed.

The little men of the Daily Times referring to their most obtuse ignorance of what every man fit to write on our politics ought to have known, says, smartly, ‘"we now know this."’ But the little fellows have the audacity to say farther:

‘"We knowthat if Gen. McClellan had fifty thousand more soldiers last month, the rebel host would assuredly have been overcome. Richmond would have fallen, and Davis and the remnants of his army and Government would probably, by this time, have been as far South as South Carolina.--Had he that number of additional troops to- day, he would bring the campaign in Virginia to a speedy and triumphant end."’

Are the little people of the Daily Times one whit more sure of all this than they were last year of the thousand and one foolish things that they said then that they knew and said we were traitors for denying?

Last week, the Daily Times ‘"knew"’ that if the salvation of the so-called Confederacy depended on it, the rebels could not raise ten thousand more men than are now arrayed. This week, the same little people's paper publishes from its own correspondent in McClellan's army, the report brought back by one of the released chaplains of the Union army--Father O'Hagan. That report says, as the result of free and full intercourse with all classes at Richmond, that ‘"they boast that they can, in a far less public manner, call to the support of their capital from five hundred thousand to six hundred thousand men. As yet, their drafts upon the Southern militia have been restricted to soldiers under thirty-five years of age. They will now, if necessary, (and they speak in the most indifferent manner about the necessity,) draft or call into the field men between the ages of thirty-five and fifty."’

This boast of the rebels is, of course, exaggerated. Six, or five hundred thousand men, are not so easily to be improvised by the South. The ‘"in different manner"’ is assumed, not real. But the truth is that the South have had, hitherto, all the men that could be effectively used, and that the supply is very far from exhausted. Meantime, how does the Times know that with ‘"fifty thousand more soldiers"’ McClellan could have taken Richmond? How does the Times think it knows that with ‘"that number of additional troops to-day he could bring the campaign in Virginia to a speedy and triumphant end?"’ Would ‘"fifty thousand more soldiers"’ added to the decimated legions on the James river make that army equal in number to the entrenched and defiant foe that is determined to hold Richmond or die? What trash, then, at this day, to say that fifty thousand or one hundred thousand more of the best troops could ‘"bring the campaign of Virginia to a speedy and triumphant end!" ’ The tone of papers like the Daily Times gives to the rebel press a good apology for saying as the Richmond Whig in a recent issue, that ‘ "If anything on earth can exceed the impudence of Yankee assertions, it is the folly of Yankee credulity"’--that is, supposing the forecast of the Times to be believed by any body of people.

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