Show THE PROSPECT CT the late news from the east is gratifying to loyal men and unless all signs fall fail be tokens the early conclusion of the war ivar and the permanent Lup suppression of this bloody rebellion notwithstanding the severity of the season in central virginia and the rain storms furt lier south our armies during the past fortnight hive made important advances and accomplished heroic victories the army of the potomac has moved from the vicinity of the Rappa rappahannock hannock and aad on the ultimo crossed thy them rapidan Ra lee has bag been pushed back from one stronghold strong bold to another and at latest dates was entrenched between orange coart house and gordonsville Gord Gor onsville dansville should he bo attempt to make a stand in his bis present p position ion a general engagement seems inevitable and from the persistency with which meade meada has followed him up lee must meet with an overwhelming defeat we fear however that the latter will continue to fall bick back as our brave troops advance until he gets in the en cn at gordonsville or perhaps even to the fortifications of richmond Ri chmand from the most reliable accounts we judge the rebel army in virginia cannot exceed fifty thousand tho asand men infantry cavalry and 79 pieces of artillery As it is contraband at the east to publish the strength of meades forces we have no means of knowing their exact enact strength but there cannot be a doubt that they are overwhelmingly greater than the rebels Altho although uh no general engagement has been fought fou ht within thy the past week some really heavy battles have taken place between the different corps or of the two armies the general result of which has been great loss to the and their continued retreat towards gordonsville Gord onsville everything looks favorable favor rable to the loyal side and it is to be hoped that our generals will follow up their victories until every rebel shall have speedily been Jr giDia grant has pressed forward from chattanooga and in several bloody engagements driven bragg in utter rout from the field leaving his lead dead wounded and between seven and ten thousand prisoners in our hands hooker sherman thomas and other veterans are still in rapid pursuit if bragg halts balts and offers battle he will be badly beaten if he continues the flight with his demoralized troops tho the flag of the union will wave in triumph over southern tennessee northwestern georgia and alabama and the entire southwest be cleared of rebels the defeat of bragg will blast the last hopes of the rebellion their railroad communication on will be severed in the most vital part and more than one half of their terri for needed supplies absolutely cut off so imminent is braggs danger that the telegraph reports that he has ordered bordere d longstreet to raise the siege of knoxville and repair forthwith to his bis relief burnside after having successfully resisted the siege and assaults of longstreet for eight days is himself preparing to renew the offensive and is said now to be pressing vigorously the rebel generals rear while major general F poster aster sent to relieve burnside Barn sido confronts bonfi ants him frona from cumberland gap it is not impossible that the next news will be that longstreet with his whole array army has haa been cut off and compelled to surrender gen banks is in his quiet yet determined way prosecuting his mission for the redemption of western louisiana and texas he has landed at point isabel and has captured corpus christi christ with numerous prisoners we expect to hear bear of his successful march into the interior of the lono lone star state where he be will find a welcome from thousands of loyal men now held in bondage by the rebels of that state at charleston gilmore aided by the ironclads iron continues his work of reducing the rebel strongholds strong holds in the harbor fort sumter Is fa a mass of ruins and it is reported that ever every y man in it was killed by the falling of its last remaining wall A large portion of the city itself has been laid in ruins by b y the shells from Gil mores swamp angel Ari geltl which continues to deal death pad and destruction on that pest hole of disunion and treason on the whole the field looks bright and tho the success of our arms in every direction during tho past two weeks has had no parallel since the war began when the great armies armies of the rebellion shall have been routed and annihilated the fas will be at hand the hopes of treaon leaon are now centered in the two armies of lee la in r ginia arid and bragg in northwestern georgia st A them be crushed out and peace will again dm din on the nation before the victories and progress of our ais noted above had been accomplished Mont gomy blair postmaster general made a speech at R ville maryland wherein he said 11 1 I cong ratu e you on the hope justly inspired by the circa i stances under which we meet today to day the p gress gresa of our arms gives gires us good reason for belr ing that peace will soon be restored to our entry catry and that when it comes it will be an endwig peace because obtained by preserving the in ingan rity of the government and because i it t will be followed by the early suppression frony ir r system of the institution of domestic which occasioned most of the difficulty in ie found founding 11 g of the government and has been ie only cause which ever seriously endangered ts existence while since the famous ninety ty predict low of mr seward we have never plaid plad implicit reliance in the prophecies of cabba ministers regarding the duration of the re rebel lh and when they proclaimed that the 11 end of e war waris is near an r 11 we have involuntarily been ledo inquire with the facetious kerr 11 which end y boy yet in the light of passing events and e present condition of our affairs we baudot it think that mr blair knew what he was wag talk g about and that the prospect of an early the suppression aup of the rebellion is brighter ny nv than at any time since the beginning |