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Further from the North.

the Rhode Island election — from the West--Financial,&c.



[from our own Reporter]

Fredericksburg, April, 8th,
--I send you further extracts from Northern papers of the 4th inst., from which I sent some intelligence yesterday:


The Rhode Island election.

The Herald says this election has fallen like a wet blanket upon the Copperhead, and has utterly confounded all their calculations. In its results perfectly consistent with the results of the Northern elections of last October and November, it marks another popular reaction in behalf of a more vigorous and decisive prosecution of the war, and against a disturbing political faction. Elections last autumn, which broadly and plainly expressed the dissatisfaction of the loyal States with the bordering, squandering, and disastrous way in which the war had been conducted, were construed by these deluded Copperheads into a popular reaction against the war itself and in favor of peace with the rebellious States, even to the extent of civil war in the loyal States of the North.-- The real conservative sentiment of the whole country has just disclosed itself in this Rhode Island election. It means an earnest, active, overwhelming prosecution of the war until the armed forces of the rebellion are put down. The rebel chiefs have defiantly announced that this issue must be settled by the sword, and the people of the loyal States have simply resolved that it shall be to settled, inasmuch as it can be settled in no other way. This puts an end to all argument in favor of armistices or Conventions, or mediation in any fool. The Copperheads, rise the Abolitionists, last fall, have received their instructions from the people — that too agitation of peace with the rebellious South, at the expense of civil was and mob law in the North, is little better than open rebellion. Let President at Lincoln fall during this spring and summer to achieve the grand results which the country has the right to demand, and he will not escape the judgment of a disappoint people in our State elections of next October and November.


Army of the Potomac.

Headquarters Army of the Potomac. April 2.
--The first army corps Major-Gen. Reynolds. commanding, was reviewed to day by Gen. Hooker and staff. The appearance, discipline and efficiency of the troops were highly satisfactory. Eight new staff officers of Gen. Hooker were announced. General Order No. 35 contains the following paragraph:

"In pursuance of instructions which have been received from the War Department, there will be a general muster of all the troops, serving in this army on the 10th inst., and the muster role will be immediately thereafter sent to the Adjutant General of the army for the use of the Provost Marshal in making drafts to fill up regiments and batteries to the proper complement."

Headquarters Army of the Potomac April 3. --A force of rebel cavalry is reported to be on the Northern Hock, in the vicinity of King George C. H., engaged in seizing supplies and enforcing the conscription. The enemy has in the last few days displayed a large body of troops in the neighborhood of the fords above Falmouth, but the impression is it is only a ruse to conceal a retrograde movement.


Vicksburg.

Cincinnati April 3.
--The news from Vicksburg is not encouraging. The Steele's Bayon expedition had returned to Young's Point, and the troops were being disembarked. The works on the cut-off opposite to Vicksburg had been abandoned. The rebel cannon commanded two-thirds of its length. The rebels took the Indianola to Alexandria, La., on the Red river, and repaired her sufficiently to make her serviceable. Fears are entertained for the safety of the Hartford and Albatross, as the rebels have the Queen of the West, the W. H. Webb and the Indianola — a fleet sufficient to give Admiral, Farragut some trouble.


Tennessee.

Louisville, April 3.
--Van Dorn is attempting to flank Rorecrans on the left. He is crossing the river at Palmyras; is thought to have a heavy supply of artillery, and is aiming for Kentucky.

Murfreesboro.April 3.--It is rumored that a number of bridges are being constructed across the Tennessee river, above Florence, to connect the rebel armies of Tennessee and Mississippi. Col. Lane at Fort Donelson, telegraphs that the enemy are apparently in force.

Clarkesville Tenn.,April 3.--Last night the steamers Eclipse and Lizzie Martin were fired into below here on the Cumberland. Both escaped. The Glasgow was fired at at Harped Shoals. The pilot and several of the crew were slightly wounded.


Moshy's List Raid.

Washington.April 3.--On Tuesday last, the rebel Capt. Mosby visited Centreville with sixty guerillas, dressed in Federal uniforms. On Wednesday a squadron of the 1st Vermont Cavalry came upon then near Drainesville, dismounted. --They received our cavalry with a fire from be and lances, which asempaded some of the raw soldiers. The fight soon because desperate — Mosby threatened his men with death if they flinched and himself wounded Capt. Fint five times with his revolver killing him. Lieut. Grant, of the Vermont cavalry, and seven men, were also killed. Our loss was about sixty killed, wounded, and prisoners. Mosby was surprised, but he rallied his men with lightning, like celerity, and when our squadron broke he pursued and hacked them severely. The guerillas of received a severe sabre our on the forehead. The Vermont carbine companies delivered their fire with good effect, and then opened to let the sure companies charge; but they did not come up to the work.


Gen. M'Clellan's report of the seven days battle.

Gen. McClellan's official report of the seven days battles on the Peninsula, and of his falling

back to Berkeley, although dated on the 15th of July last, has just been published. He says:

To the calm judgment of history and the future he leaves the task of pronouncing upon the movement, confident that its verdict will be that no such difficult one was ever more successfully executed; that no army ever fought more repeatedly, heroically, and successfully, against such great odds; that no men, of any race, ever displayed greater discipline, endurance patience, and cheerfulness, under such hardships.


Financial.

New York, April 3.
--This has been a very dull day in all the markets, as was natural after the excitement in the gold market yesterday. Gold fire thawed all day between $1,52a1,54, closing $1,54 bid, and looking rather firm. Exchange was very inactive indeed at $1,67a1,69. It is said on the street that the decline in gold yesterday was largely due to the short sales of a leading beaming-house, which has always been a heavy holder of gold, but which happens just now to own none of the precious commodity. If this be so the reaction will probably be sharp. Money is a drug at 5 a 6 percent. The rate would fall still lower but for the unwillingness of the Government to take all that is offered at 5 per cent. on call after ten days. As soon as the lowest of these deposits on call is reached (which of the present rates of depositing will be about the 1st of May) the Secretary will probably begging to issue his Treasury notes; and we learn that the Associated Banks of N. York, Philadelphia and Boston are prepared to take the entire issue offered by the Department, (says $150,000,000, for instance) on condition that the money shall only be drawn from them as it in wanted by the Government. This plan will probably meet the views of the Secretary, as it will secure him the money which he wants on fair forms, while it will obviate the risk of any disturbance in the money market arising from the withdrawal of Bank deposits by the public. The new Treasury notes, which are to be a legal tender at the option of the holder, will, in an easy money market, become a favorite investment, and the Banks will have no difficulty in disposing of them, while if money tightens up they will be used as a currency and will relieve the stringency.


Miscellaneous.

On the 1st of April the entire indebtedness of the United States was $929,000,000.

A correspondent of the New York Post says when Pensacola, Fla., was burnt, the troops were in an "utter state of demoralization."

A muster roll of the whole army of the Potomac is to be made out on the 10th, to be rent to the Provost Marshals, to be used in drafting to fill up regiments.

The Philadelphia Inquirer, speaking of Richmond, Charleston, &c. says the "new Gibraltar of the rebels are thus far too strong for us."

Fifty negro recruits for Gov. Andrew's Massachusetts regiment passed through New York on the 3d inst.

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