s of the greater portion of these supplies, and the enhancement
of the price of the remainder in the hands of the monopolists and
speculators.

The _Southern_ Express Co. has monopolized the railroads, delivering
cotton for speculators, who send it to the United States, while the
Confederate States cannot place enough money in Europe to pay for the
supplies needed for the army.

OCTOBER 26TH.--No news from our armies. The President was in Mobile two
days ago.

Gen. Rosecrans has been removed from his command, and Grant put in his
place. Meade, it is said in Northern papers, will also be decapitated,
for letting Lee get back without loss. Also Dalgren, at Charleston, has
been relieved. And yet the Northern papers announce that Richmond will
soon and suddenly be taken, and an unexpected joy be spread throughout
the North, and a corresponding despondency throughout the South.

The weather is cloudy and cold. The papers announce that all clerks
appointed since October 11th, 1862, by order of the Secretary of War,
are liable to conscription. This cannot be true; for I know a Secretary
who has just appointed two of his cousins to the best clerkships in the
department--both of conscript age. But Secretaries know how to evade the
law, and "whip the devil round the stump."

How long will it be after peace before the sectional hatred intensified
by this war can abate? A lady near by, the other night, while surveying
her dilapidated shoes, and the tattered sleeping-gowns of her children,
burst forth as follows: "I pray that I may live to see the United States
involved in a war with some foreign power, which will make refugees of
her people, and lay her cities in ashes! I want the people ruined who
would ruin the South. It will be a just retribution!"

OCTOBER 27TH.--Nothing from the North or West to-day. But Beauregard
telegraphs that the enemy's batteries and monitors opened this morning
heavily on his forts and batteries, but, as yet, there were no
casualties.

The Commissary-General to-day, in a communication to the department,
relating to the necessity of impressment to subsist our armies, says
"the armies in Virginia muster 150,000 men." If this be so, then let
Meade come! It may be possible that instead of exaggerating, a policy
may have been adopted calculated to conceal the actual strength of
armies.

Nevertheless, it is understood that one of the cabinet is offering his
estates, lands, and negroes for sale. Will