What A Few Privateers Can Do

bmce tho eommcneeraent of hostil itics, ono hundred and six merchant véasela bclonging to the Northern States, have been captured bj the rebel privateera. - The amount of damage done by the Alabama and Florida alone, it is gtated, amounts, up to thc'prosent time, to about eight millions of dollars, including ves seis aod cargoes. This is iho work altoííether, of about five privateors - mostly Üie work of two, in operation at the same time. LÉT" Ir six monüis it u anticipated there will be n hundred thousand more oaealry in the field. Infantr-y are now being mountod in Western Virginia to increase Gen. Averill's coinmand.