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The true policy.

The latter of Governor Floyd to Mr. Carry; written in January last, and recently published, hits the nail upon the head, in our opinion, when it maintains that the best defensive policy of the South was to invade the tern tory of the enemy. When the kingdom of the great Frederick was assailed by over, whelming odds, he pushed his armies at once into the enemy's country, threw them upon the defensive, and achieved those victories which have made his name immortal. If they befit huge works like those which surround Washington, he marched his forces by another direction into their territory; and when they left their works to assail him, he turned upon them and routed them. This ought to have been our own strategy from the first. As to the policy of the thing, we think now, as we have always thought, that it would have been the best policy in the world. We should no more have discussed the question whether such a course would arouse the enemy to gender energy, than, as individuals, if struck by a man, we should inquire, before striking back, whether such a course would not ingest him to give a heavier blow. In the one glass as in the other, we should have "pitched in" without calculating consequences, and following only, the impulses of insulted manhood. But even calculation of the most sober kind would have demonstrated the policy of aggressive warfare. Such a course would divert the supply from his own gigantic schemes of in which, and compel him to look to his own ty Nor have we any idea that an invasion of the North would have increased its order for the fight. Ferocity is always increased by the absence of danger. The boys in the fate would not find it such unmingled agost to threw stones at the frogs if the frogs could throw the same missiles back. A powerful army marched into Pennsylvania or Ohio would make the invading columns of the enemy turn backward, and would, at all could teach an enemy, who now wages war upon as in perfect security, that there are shows to take as well as blows to give. We too late to pursue the

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