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The troops Mustered in by the Yankees.

We republished yesterday an extract from an exchange paper in which it was stated that the Yankees had sent to the field 1,276,246 volunteers, of which 1,068,000 were three years men. This enormous levy comprises about one-eighteenth part of their whole population, and they are now called upon to furnish 300,000 more. There probably never was an army of the same size that accomplished so little in so great a space of time. Their task was to conquer a country containing about 9,000,000 of inhabitants, of which 4,000,000 were slaves, and not capable of being used as soldiers. Nay, they have actually themselves levied, and are at this moment levying, large bodies of troops from that portion of the population. They have during the whole war possessed unlimited resources in money and material. They have enjoyed absolute dominion of the sea. They possess over us a superiority of resources such as ought to have enabled them to conquer us, even though they had not been one-half our number. Had the Confederates possessed their fleet, their power of manufacturing and importing cannon and small arms, their commerce, and their money, they would have been in New York long age. Never were such enormous resources used to so poor a purpose. The spirit of the Confederacy is unbroken — the balance of victory has been greatly on their side; their enemy never has gained any advantage over them except by means of his fleet; they have beaten him in every pitched battle but one, and that was a drawn battle; they are this day stronger, more united, more confident, and in every respect more formidable than they were three years ago.

But how is it with the Yankees? Governor Seymour says that the great State of New York did not furnish 8,000 men towards the filling up of the late draft for 300,000. Only one conscript out of nineteen could be obtained. In order to get the 300,000 proposed by Lincoln for the next draft he will be compelled, according to the New York World, to call out five million seven hundred men; and where is he to find them? The truth, no doubt, is, and we hear it confirmed by every person who has lately been to the North, the Yankees are in a state of far greater exhaustion than we are, and Lincoln is at his wit's end to get recruits.

It is not well, however, to depend on the weakness of our adversary. He is not so strong as he has been, or as he wishes to be; still he is strong enough to require all the exertions we can make to defeat him.

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