Highly important from New York.
--We have before us, says the
Fayetteville (N. C.) Observer, of Monday last, a letter from a gentleman of unquestionable character, who says:
‘
I heard a letter read this morning, written about ten days ago by a gentleman in New York to his son in our army.
The writer is an intelligent.--of that city.
He says that the president of the National Bank has issued an address to the new banks, cautioning them against excessive issues, and urging them to the exercise of the greatest watchfulness and prudence, declaring that the aspect of affairs was exceedingly gloomy, and warning them to prepare for a too surely appro
crash. The gentleman himself writes that the general feeling in the city now is for peace and a continuance of the war is advocated simply to put off the evil day. He says further, that the policy of the enemy will be hereafter to avoid general engagements, and all fighting indeed, as far as possible, and to confine their efforts mainly to
and children prisoners, in the hope of thus driving us into submission, through our sympathies with the helpless.
He says all hope of subduing us by arms is abandoned and people now talk openly of its impracticability, and denounce it as a folly.
He thinks the crisis is near at hand, and that the present year will witness the and of the war.
’