The fi'iirful state of wupeuse in wh'ch 1)18 city xiktad for two ut tlirce (larf i:is at last endcd. JVec Oilenni is it i'i-sxrxsii n i f ite ffirntt. II vrag evacúa od by General Lovell, Lo has removed iis forces to Camp Moore, on the Jackson lailroad. 'J'Lia is a heavy blow ; it il useii ss to lo y it. But we were anticipating it, uk] thfl public Blind li;id already becOTHÖ ■il tot it, bfure the trutli bad been ully ascertained. It is a liuavy blow ; We may ekpeet to hear of distress ïhcrever tbe enemy'i guoboata can be jrouglit to heit on all the pniuts still iu mr possession. Giie liiin all of tlicin - Tery one - and still hn is as far from h is olject ns he was this time last year. Jlalter ai feil, Hi'ton Huid jll, Rnanoke lilaid f., Denthon ftll. New Orlearm has Ja! lm. But oui' great armies are 6tili in the field. Thej havo nut faileu - tui'y havunotbeeu WOTited - üiey buve dlvvays beateu tlie uueiuy whírever they liave encountered him. When tbey sbail have been beuten and digperwd so tbal they caa never rally again, tlien it may bo time to feel glooujy abont our prosUntil that timo ehall have arrived it v.tie unmauly to despoiid, far les to thinK of abaiidouing the cause. Evon then tho last resource of a brave nation, resolved not to be enslaved, remains to U8. o can even tben, as other uations have done before us, resol ve ourselves iuto a guerilla forcé, composed of tho w'iole country, and fight the battle for life or death tliroughout a uiilliou of wjuare üüios. j3ut that time hts uot yit couie. Tliey have not yet beat uur aruiies in pitciied '. attles, nor do we bellere they Vr'iil ever do it. iïeauregard, with a powerful foice, is süli the guardián of the Bouth-vest, Jobneton, with a forcé still moro powerful, faces McOlelInú at Yorktowu. Stonetfall Jaokson prewnts undaunted front in the vaüey ; our armies in Georgia ai;d tíouth Carolina ure unsubdued, md we continue to hold our own iu the old Nortb State. The cuemy bas never been able to obtaiu au udvantage over us, exeept by meana of bis gunboats. 'l'ake bim away iroin them, and we can always defeat bim. Jij the loss of .New ürieaus, we are geparated froui West Looisiana, Texas, Arkausas and Missouri. But. manj of die brave troops frouj ihat side if the river are with us, and those that a-e ibere vfiil stil! keep up the fight, in gpite of tbeir solatioa. ï'hej wül thus constantly euiploy a large portion of the euemy's army, and serve as a powerful diversion in our favor. If every seaboard towu in the Coufederacy, and every river town wbich can be reached by gunboats, were in possession of the enemy to-uiorrow, it would not have the sligixtest effect upon the issue of the contest. It would not be so disastrous as a defeat of Beauregard's ariny, or give half the samo 0493e tor despottdeucy. ïortunately, tliey tooi no prisoners; our troops reiuain to reiutorce Bcauregard or to go élsewhere as they may ba ordored. The ecent of this war is still a3 much in the hands of our people as it was beforo the f;i)l of New ürleans. Having made himseli' inaster of' the river and gt'apoit tinnis, the enemy, it he wishes to e mquer us, must come into the interior; tiiens he wili have to beat our annies, without tlie aid of ironclad boats, bet'ore he eau baast of haviiig subuued the country. Iti the mean time the occupation of so 1 1 i a 1 1 y poiuts must neeessarily tend to the weakeuiiig of li is strength apena those poiuts uu wliu-h the grand ïsaue is to be deciilud, and thus lar bis suecess is soaiueiy a d-adcaHtago to us. Let our couiifryineo iiuitaterhe firm and magnaniamus eonduct of our lirej in the lievolutiou, and we doubt uot to see our causa gloriouslj triuiiiphunt. F_ o the Noiiu.k Da; Rook, April 99. Our anticipationa from tiie imperfect ïiows of yesterday have been rcalized. Tlia city of New Orleans has fallen, ind ti. e suádoD sliotk íalis upon us aubroten bj ;'.y previous íoi:boding. 'J'hi. is by t';jr the most serious reverse of the war. It guggests future privation and wmt tu ai! ciu8sea of society ; but most to be lamented of all it throatêus army supplies! Nor is this all ; when the Yankees have üouipleted their ironclad navy, they will take every important poiot on iii' e ut, exeept iu those cases where a w.be diSLivtion may permanently obstruct our harbors. It will be reinembered by our readers that iuimediately after tho 8th and Ulh uit., w3 took the position we have hero ro-stated. We muit obstruet the cliannels leading to the reacia -te tOAVllS e wish to preserve, and abandon tiie impracticable attem:t at linlding any poiut wiiicii cannot be tl us protet-te I. - Lt -is true that i h s ia i a-d picture to contémplate, but reasou aseurea us tbat it tnuy yet bo held up fiir our reiuotant oouteniplation. As we fall bick ve shorteu our lines; as we sluirtïn th. ai, they are strengthened. The reparatou of this disaster, 80 iar as ifc may be repnired, foats not with the executive, nor witli the Oabinet, nor with Congress, dop with any headiu ;rtors, bat WitU tha pcople. The arnis baaring part of' our popuiation must rally to tiie fLu of the re. ublie, and the planters iuut concéntrate their rtiírgiea apon the produotion of meat ai d bread for the arm i es. We confesa that we, in coimuou with wiser men, wcie deluded into the general belief I ■ i the supremacy of cotton. We luul liigh authority ior the belief. " Tho coiumerco of the world hangs by a thread,' satd Mr. Dickena, aud the truth of this dcolaration may yet beoome manifest; but cotton as a politioal agent is dono for. " None so po ir as to do it reverence' as a blookada raisur, but thousunds to appreciato the faet that when the war does end, a large cottoa supply ou haud will bo a large fortuno. The samo applies to tobáceo planters in a more lhn't.'d degree. They can afford to wait, soeiDg in the future a golden haf vest for the holders of these sta pies. Hut to realize they must actually li ild, not a,s t us'ees under the confiseaÜob acl, i' ir Jj ne iln, but for theruselve.s - ho d as ovv-ners. To do this they must iii o i' urinieB bstween the enemy and their pluirt t o, is; to interpose tho armis they uiust feed thom ; to feed them they must plant ccrials, and let their dreams of fortuno be sotuewhat modifled in their magnificont proportions. llorr and hooiiny are í'ar mora importa1 t than cotton and tobáceo, and bv the extunt of the supply to be furnished bv the MisiiBsippi región we must measnru the extent .of our calaraity. With au ampie prepar.ition for tho supp'y of our anuieg, we suaü bo able to aehieve our libertiea, í ri to a brave peiple are but the falla of AntSBUB, froui which thev riso with renewed energies and n firmer purpose. We have faith iu our ultin;ate success. 'SPST The following conversation recently ocourred in a confectioner's sli ip, in Jiri.-tol, between two fast urchins under twelve yeara of age : ' Tom. do vón P"!ol(O mueh now ? ' No. tho r!_rnr 1 nro si had nw. unl-'SJ ■ in-" (i) n p" g h;s own tobáceo, he can t get on witll i comfort."