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r has been whispered here several times during the last few months. No one believes it. When Vicksburg falls, many an invader will perish in its ruins. MARCH 7TH.--The President is sick, and has not been in the Executive Office for three days. Gen. Toombs, resigned, has published a farewell address to his brigade. He does not specify of what his grievance consists; but he says he cannot longer hold his commission with honor. The President must be aware of his perilous condition. When in adversity, some of those he has trusted, discuss the bases of reconstruction; and when we are prosperous, others, in similar positions, agitate the question of reorganization--the motive of both being his ruin. But I suppose he has calculated these contingencies, and never anticipated paving a bed of roses to recline upon during the terrible, and sometimes doubtful struggle for independence. The rumor that Vicksburg had fallen is not confirmed; on the contrary, the story that the Indianola, captured from the enemy, and reported to have been blown up, was unfounded. We have Gen. Pemberton's official assurance of this. Col. Gorgas, Chief of Ordnance, a Pennsylvanian, sent into the department to-day, with a request that it be filed, his oath of allegiance to this government, and renunciation of that of the United States, and of his native State. This would indicate that the location of his nativity has been the subject of remark. What significance is to be attributed to this step at this late day, I know not, and care not. An error was committed in placing Northern men in high positions to the exclusion of Southern men, quite as capable of filling them. MARCH 8TH.--Judge Meredith's opinion, that foreigners, Marylanders, and others, who have served in the army, have become domiciled, and are liable to conscription, has produced a prodigious commotion. Gen. Winder's door is beset with crowds of eager seekers of passports to leave the Confederacy; and as these people are converting their Confederate money into gold, the premium on specie has advanced. Judge Campbell, Assistant Secretary of War, has decided that Judge Meredith's opinion is not authority; and hence his son-in-law, Lieut.-Col. Lay, who at present wields the Conscription Bureau, acts accordingly. But Gen. Rains has a contrary opinion; and he intended to see the President yesterday, who is understood to coincide with Judge Meredith. It is also alleged that Secretary Sedd
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